Oriana Power Merger & Restructuring Worth ₹193.5 Cr
Oriana Power is selling its 74% stake in three subsidiaries for ₹193.90 Crore. The buyer is Leo Energies Private Limited.
- Value
- ₹193.5 Cr
- Execution
- one or more tranches
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Oriana Power is selling its 74% stake in three subsidiaries for ₹193.90 Crore. The buyer is Leo Energies Private Limited.
IIFL Capital Services received an RBI compounding order of ₹0.02 Crore. This follows FEMA contraventions regarding foreign investment repatriation and report submissions.
KPIT Technologies expects lower Q1FY27 performance due to revenue drops from European OEMs. US Dollar revenues are projected to decline by approximately 1%.
Greenleaf Envirotech approved a Rs. 15.4 Crore preferential issue of 19.25 lakh convertible warrants. The warrants are exercisable into equity shares within 18 months.
Aakaar Medical Technologies appointed NAM & ASSOCIATES as Secretarial Auditor for a five-year term. The firm brings extensive experience in corporate and foreign exchange laws.
GIC Housing Finance convened its 36th AGM for August 4, 2026. Key agendas include declaring a Rs. 4.50 dividend and raising Rs. 2,500 Crore via NCDs.
Promoter Narmada Fintrade Pvt Ltd acquired shares of TCPL Packaging. Total promoter stake increased from 20.72% to 20.99%.
Mahindra Lifespace incorporated a wholly owned subsidiary, Mahindra Kandivali Developers Limited. The entity was established with a capital of ₹0.01 Crore.
Equitas SFB announced leadership changes. Mukund Shyamrao Barga has been appointed CFO, while Taraka Ramana Prathipati becomes Interim CRO.
Hexaware Technologies launched Tensai for Reasoning Ops to bring agentic AI to enterprise IT operations. The product focuses on autonomous, self-healing IT operations.
CRISIL Ratings has reaffirmed Go Digit General Insurance's Corporate Credit Rating at AA. The rating carries a 'Watch with Developing Implications' outlook.
Hexagon Nutrition approved standalone and consolidated financial results for the period ended March 31, 2026. The board also re-appointed cost and internal auditors.
Mr. T. Jaisankar resigned as CEO of Ucal Limited on June 30, 2026, citing health reasons. He will remain with the company as an employee.
Kitex Garments Limited has reconstituted its Board committees. Changes were made to the Audit, Nomination, Stakeholders Relationship, and Risk Management committees.
Promoter Lakhmendra Khurana sold shares via an inter-se transfer for ₹20 Crore. His shareholding decreased from 6.79% to 5.37%.
Aakaar Medical Technologies held its 13th AGM on June 30, 2026. Key outcomes include financial approval and increasing authorized share capital.
InterGlobe Aviation announced the resignation of CHRO Sukhjit Singh Pasricha. Kanwal Jeet Singh Bakshi is appointed as Group Head - HR effective July 20, 2026.
Sical Logistics sold non-core assets in Chennai to Roshan Foundations Limited for ₹0.18 Crore. The sale aligns with an NCLT-approved resolution plan.
Kitex Garments appointed Mr. Bijoy Philipose as an Additional Independent Director. The appointment is effective from June 30, 2026, for a five-year term.
Mr. Sudhir Raju has resigned as Chief Financial Officer of Revathi Equipment India Limited. His resignation is effective from June 30, 2026.
TVS Supply Chain Solutions received an Income Tax penalty of ₹0.84 Crore for AY 2017-18. The company plans to file an appeal.
Greenleaf Envirotech appointed Shreni Shares Limited as its Market Maker. The company also executed a Market Making Agreement to support share liquidity.
Kotak Mahindra Bank acquired Deutsche Bank's India retail and wealth business for ₹281.7 crore. The transaction is expected to complete by September 2027.
Kshitij Polyline provided clarification on financial results submitted in April 2026. The company rectified XBRL discrepancies and SEBI format non-compliance.
Zenith Drugs Limited called an EGM on July 23, 2026. The meeting aims to approve issuing 16,09,050 convertible warrants to promoters.
Godawari Power and Ispat increased its stake in Jammu Pigments to 43.96% via CCPS conversion. The transaction involved shares valued at Rs. 175 Crore without additional cash outflow.
Brainbees Solutions extended the timeline for its Rs.85 Crore investment in international subsidiaries to July 31, 2026. Procedural delays postponed the IPO-funded capital infusion.
Elecon Engineering will hold a board meeting on July 10, 2026. The agenda includes reviewing unaudited standalone and consolidated results.
Hindware Home Innovation completed the acquisition of Hintastica Private Limited. This makes HPL a wholly owned subsidiary for water heater business.
Promoter Manju Bansal sold 9,00,000 equity shares via open market for ₹1.21 Crore. This transaction represents 2.95% of the company's paid-up capital.