REC Merger & Restructuring Worth ₹14,000 Cr
REC Ltd approved a merger by absorption into Power Finance Corporation. The board also proposed raising up to ₹14,000 crore via NCDs.
- Value
- ₹14,000 Cr
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REC Ltd approved a merger by absorption into Power Finance Corporation. The board also proposed raising up to ₹14,000 crore via NCDs.
ACS Technologies approved a ₹4.09 Crore loan from HDFC Bank. It also enhanced a corporate guarantee to ₹5.39 Crore for subsidiary Iotiq Innovations.
CreditAccess Grameen raised ₹425 crore via private placement of NCDs. Funds were secured from Nuvama Fixed Income Advisory and Bajaj Finance.
LIC reports FY26 PAT of ₹57,419 Cr with a shift toward high-margin Non-Participating products (60.8% of individual new business premium). Strategy focuses on digital transformation and agency-led distribution.
Olympic Cards reported a default of ₹0.15 Crore on a term loan from HDFC Bank. The default occurred on May 28, 2025.
Apollo Micro Systems scheduled a board meeting for July 6, 2026. The board will consider issuing equity or convertible securities.
Netweb Technologies India Limited scheduled a board meeting for July 1, 2026. The agenda includes considering a potential fund raising proposal.
JK Cement's subsidiary received a GST tax demand of approximately ₹0.04 Crore. The company intends to appeal the order before the GSTAT.
WPIL Ltd was debarred by MP Jal Nigam from future tenders due to alleged contractual delays. The company is contemplating appropriate legal remedies.
Waaree Energies clarified U.S. Customs reports, stating no adverse inference was drawn. The company continues normal U.S. operations without impact.
KDDL Limited submitted revised financial results for the period ending September 30, 2025. The company also completed the required XBRL filing.
OBSC Perfection Ltd reported revenue from operations of ₹88.6 Cr (+31.1% YoY) and net profit of ₹10.5 Cr (+43.8% YoY) for H1 FY26.
Trident Techlabs Ltd reported revenue from operations of ₹63.5 Cr (+200.9% YoY) and net profit of ₹11.4 Cr (+225.7% YoY) for H1 FY26.
Synoptics Technologies Ltd reported revenue from operations of ₹29.6 Cr (+25.4% YoY) and net profit of ₹3.4 Cr (-2.9% YoY) for H1 FY26.
Belrise Industries provided clarifications on financial results. It corrected a clerical date error in the audit report and filed revised XBRL data.
Adani Green Energy operationalised a 150 MW solar project at Khavda. This increases total operational renewable capacity to 19,985.8 MW.
Suba Hotels Ltd reported revenue from operations of ₹43.8 Cr (+49.0% YoY) and net profit of ₹5.2 Cr (+57.6% YoY) for H1 FY26.
Alok Industries will hold its 39th Annual General Meeting on July 24, 2026. The meeting will be conducted via video conferencing.
ADF Foods subsidiary received a favourable court order for US$ 2.30 million (₹21.60 Crore) against Ascot Valley Foods. The award relates to trade secret misappropriation.
Tanla Platforms submitted its Integrated Annual Report for FY26. The filing also includes the notice for the 30th Annual General Meeting.
Tanla Platforms submitted its Business Responsibility & Sustainability Report for FY 2025-26. The report details the company's ESG initiatives and operational metrics.
Ganga Forging Limited is launching a Rights Issue for 20.20 crore shares. The issue is valued at approximately ₹32.96 Crore.
KCK Industries rescheduled its board meeting to July 3, 2026. The agenda includes discussions on fund raising via preferential issue and a scheme of arrangement.
GHCL Textiles appointed Deloitte Haskins & Sells LLP as Statutory Auditor for five years. They succeed S R Batliboi & Co. LLP following term completion.
Golkunda Diamonds approved the preferential allotment of 1.24 million warrants at Rs. 214 each. The total issue value is approximately Rs. 26.58 Crore.
Vegorama Punjabi Angithi commenced operations of a new cloud kitchen in Noida. An existing outlet in Dwarka also recommenced operations.
Chatterbox Technologies (FY26) achieved ₹84.94 Cr total income with ₹9.20 Cr PAT. Strategy focuses on influencer marketing, global expansion into the Middle East, and AI-driven creator matching.
PTC Industries approved raising up to ₹1,800 Crore via QIP or preferential issue. The board also approved increasing borrowing limits to ₹600 Crore.
M P K Steels has applied to SEBI to shift its registered office from Assam to Rajasthan. This follows shareholder approval from April 2026.
UHM Vacation Ltd scheduled a board meeting for July 02, 2026. The agenda includes approving financial statements and appointing a secretarial auditor.