Welspun Corp Merger & Restructuring Worth ₹718.1 Cr
Welspun Corp's subsidiary divested a 4.5% stake in East Pipes Integrated Company for approximately ₹718.11 Crore. The group retains a 22% stake through another subsidiary.
- Value
- ₹718.1 Cr
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Welspun Corp's subsidiary divested a 4.5% stake in East Pipes Integrated Company for approximately ₹718.11 Crore. The group retains a 22% stake through another subsidiary.
Adisoft Technologies reported robust FY26 growth, transitioning into an Industry 4.0 solution provider with significant margin expansion following its April 2026 NSE Emerge listing.
GP Eco Solutions approved a ₹123.76 Crore preferential issue of equity shares and warrants. The move aims to raise capital from strategic institutional and individual investors.
Motilal Oswal Financial Services redeemed Commercial Papers worth ₹500 Crore on June 09, 2026. This timely maturity payment demonstrates the company's strong liquidity and financial stability.
GP Eco Solutions issued a corrigendum for its upcoming EGM regarding a Rs. 12.38 Crore preferential issue. Changes include rectified allottee names and updated shareholding patterns.
Morepen Laboratories clarified that the recent trading volume spurt is market-driven. No undisclosed price-sensitive events or pending announcements exist, ensuring market transparency.
Vertoz Limited has scheduled a board meeting on June 16, 2026, to consider fund-raising options. The trading window is closed until 48 hours post-meeting.
RNIT AI Solutions secured two work orders from SBTET Andhra Pradesh for examination and affiliation management systems. The project involves a three-year SaaS-based maintenance period.
Hitech Corporation's board approved a voluntary delisting proposal from Geetanjali Trading and Investments. The board set an indicative offer price of ₹353 per share.
Zeal Aqua Limited secured an ₹8.16 Crore credit facility from Indian Bank under the ECLGS scheme. The loan supports working capital and business operations.
Soma Textiles & Industries has scheduled a board meeting on June 12, 2026. The board will consider recommending a final dividend for fiscal year 2025-26.
Motisons Jewellers approved the opening of a Qualified Institutions Placement (QIP) on June 9, 2026. The floor price is set at ₹11.58 per equity share.
Saianand Commercial Limited has announced a change in its official website to www.saianandcommerciallimited.shop. This is a routine administrative update for regulatory record-keeping.
Anupam Rasayan announced a ₹829.03 Crore open offer to acquire a 26% stake in Bliss GVS Pharma Limited. The move follows a majority stake acquisition via SPA.
Orkla India's board recommended shareholder ratification of its pre-IPO employee stock option plans. The company's 30th Annual General Meeting is scheduled for August 19, 2026.
Porwal Auto Components approved a ₹12.25 Crore preferential issue of equity shares and warrants. The move strengthens capital reserves for future growth and operational requirements.
Cipla issued a corrigendum to its 90th AGM notice and FY 2025-26 Annual Report. The correction rectifies the remote e-voting end date to June 24, 2026.
Dishman Carbogen Amcis Limited allotted 1,800 Non-Convertible Debentures (NCDs) aggregating to ₹18 Crore. These secured instruments mature on December 9, 2027.
Mahindra Logistics Q4FY26 shows a return to profitability with revenue at ₹1,791 Cr, driven by contract logistics and an Express business turnaround under new leadership.
India Ratings affirmed RSWM Limited's 'IND A' rating and revised the outlook to Stable. Total rated bank facilities amount to ₹2,155.75 Crore.
Magnum Ventures promoter Parv Jain extended a pledge on 83,24,255 shares. This security supports the issuance of ₹50 Crore in Non-Convertible Debentures by the company.
Triveni reported FY26 revenue of ₹6,291 crore (up 10.6%) and net profit of ₹268.7 crore (up 12.8%). The company successfully approved its composite scheme for demerger of the Power Transmission business.
Max India granted 8,74,227 stock options and allotted 60,000 equity shares under its 2020 ESOP plan. The move facilitates employee wealth creation and slightly increases equity capital.
Promoter Siddhartha G. Mehra will acquire 3,33,330 shares of Savita Oil Technologies via inter-se transfer. The transaction follows trust dissolution with no change in promoter control.
Gujarat Lease Financing Limited has scheduled its 43rd Annual General Meeting for July 2, 2026. Agenda items include financial statement adoption and re-appointment of directors.
Management is banking on a massive capacity expansion to pivot from standard flanges to high-margin specialized forgings for nuclear, defense, and aerospace sectors.
Mahindra Finance redeemed Commercial Papers worth ₹900 Crore upon maturity. This full repayment demonstrates strong liquidity and adherence to debt service obligations.
Bartronics India Limited will change its name to Avio Smart Market Stack Limited effective June 15, 2026. The company's NSE trading symbol remains ASMS.
Power Mech Projects announced the ₹1,563 Crore contract annulment for a BESS facility by WBSEDCL. This order book reduction follows administrative exigencies without any company default.
RSWM Limited allotted 15.63 lakh convertible warrants at ₹146 each via a preferential issue. The ₹22.81 Crore fundraise strengthens the company's capital base for growth.