Lemon Tree Hotels Management Change
Lemon Tree Hotels appointed Kartikeya Kumar Singh as Chief Digital and Transformation Officer. Singh brings 23 years of experience from Coca-Cola and other major firms.
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Lemon Tree Hotels appointed Kartikeya Kumar Singh as Chief Digital and Transformation Officer. Singh brings 23 years of experience from Coca-Cola and other major firms.
Fino Payments Bank reported May 2026 business updates, featuring a 29% YoY increase in new accounts. Average deposits reached ₹2,762 Crore, reflecting steady operational growth momentum.
UltraTech Cement announced that Mrs. Alka Bharucha has completed her second term as Independent Director. She demitted office on June 8, 2026, following a successful tenure.
Biocon Limited announced the successful passage of several postal ballot resolutions. Key approvals include executive appointments, remuneration revisions, and a preferential issuance of equity shares.
Osel Devices Limited reported strong FY26 performance with 56.9% revenue growth and 18.2% EBITDA margins. The company is pivoting from wholesale to high-margin retail hearing aids via SFL acquisition.
Active Infrastructures Limited initiated a postal ballot to approve ₹175 Crore in related party transactions. Resolutions include IPO object variations and exceeding Section 186 investment limits.
Promoter group entity Govind Kripa Enclave LLP acquired 2,00,000 shares of Globe International Carriers Limited via the open market. The purchase increases their stake to 4.53%.
Motilal Oswal Financial Services incorporated a new pension fund management subsidiary with a ₹65 Crore investment. The entity will manage PFRDA-regulated pension schemes.
Persistent Systems approved transferring 100% of its UK subsidiary to Aepona Group Limited. This internal restructuring aims to improve group operational efficiency and entity rationalisation.
The Government of India proposes to sell up to 3% stake in NLC India Ltd via Offer for Sale. The floor price is ₹303 per share.
Suraj Estate Q4/FY26 earnings call: Company achieved strong operational growth, exceeding presales guidance and pivoting toward higher-margin commercial projects in South Central Mumbai.
Cholamandalam Investment and Finance Company Limited allotted 47,410 equity shares following ESOP exercises. The company is seeking listing for these new shares on NSE and BSE.
Him Teknoforge Ltd reported FY26 revenue of ₹435.2 Crore, with PAT surging 29% to ₹12.6 Crore. EBITDA margins improved to 10.0% despite industry challenges.
Bright Outdoor Media Ltd. reports FY26 revenue of ₹153 Cr and Net Profit of ₹24 Cr, driven by its dominant OOH/DOOH network in Mumbai.
Artemis Electricals and Projects Limited announced successful postal ballot results. Shareholders approved the regularization of two independent directors and a property sale timeline extension.
IndusInd Bank issued a postal ballot notice to seek shareholder approval for the appointment of two independent directors. Remote e-voting concludes on July 10, 2026.
Quint Digital Limited signed a franchise agreement with Time Out Group to develop Time Out Market Delhi. The 24,500 sq ft venue is expected to open in 2026.
Persistent Systems approved the reappointment of four Independent Directors and authorized an internal subsidiary restructuring. The Board also approved merging its wholly-owned subsidiary, MediaAgility India, into itself.
PH Capital Ltd announced the re-classification of 24 promoter entities to the public category. The move follows Mr. Aditya Himmat Bhansali's successful completion of an open offer.
Bajaj Finserv reported May 2026 premium data for its insurance subsidiaries. General insurance premiums reached ₹1,343 Crore, while life insurance new business totaled ₹1,235.93 Crore.
Sudarshan Pharma Industries scheduled a Warrants Committee meeting for June 11, 2026. The committee will consider converting warrants and allotting equity shares to applicants.
Motilal Oswal Financial Services incorporated a new step-down subsidiary, Motilal Oswal Pension Fund Management Limited. The entity will manage pension fund schemes regulated by PFRDA.
Info Edge appointed Ms. Radha Rajappa and Mr. Rajesh Magow as Independent Directors for five-year terms. These appointments strengthen the board's expertise in technology and consumer internet.
Adisoft Technologies will participate in the 'Samruddhi Season 3' event on June 19, 2026. The virtual appearance aims to showcase the company's profile to industry participants.
APL Apollo Tubes Limited announced the resignation of CHRO Pankaj Sharma, effective June 17, 2026. He leaves to pursue external career opportunities.
Apollo Micro Systems allotted 33,85,362 equity shares following warrant conversions. The company received ₹28.94 Crore in exercise proceeds, increasing its total paid-up capital.
V.L. Infraprojects delivered 23.8% annual revenue growth, crossing ₹150cr for the first time, driven by water infrastructure execution. Management is pivoting from Gujarat concentration towards a multi-state EPC model including Power and Railways.
Avenue Supermarts Limited invested ₹150 Crore in its subsidiary, Avenue E-Commerce Limited, via equity subscription. The capital will fund operational requirements and expansion for 'DMart Ready'.
Avro India Limited convened an EGM for June 30, 2026, seeking shareholder approval to sell plant and machinery. The transaction involves M/s Avro Recycling Limited.
CARE Ratings Limited has scheduled its Annual General Meeting for July 3, 2026. Key agenda items include adopting financial statements and declaring a final dividend.