Adani Enterprises approved the conversion of 2,54,053 partly paid-up rights shares into fully paid-up equity shares. This follows the receipt of first and final call monies for shares issued in a prior rights issue. The new fully paid shares will rank pari-passu with existing equity.
Lexora Global Limited (formerly Yash Trading & Finance Ltd) has approved the Draft Letter of Offer for its proposed Rights Issue. The Right Issue Committee authorized filing the document with BSE Limited. This step advances the company's capital-raising plans through equity issuance to existing shareholders.
Sharp Chucks and Machines Limited is raising ₹81.23 Crore through a preferential issue of 57 lakh equity shares and convertible warrants. The issuance, priced at ₹142.50 per unit, involves 139 investors and aims to strengthen the company's capital base for future growth.
Hilton Metal Forging Ltd has approved the allotment of 1,67,70,000 equity shares on a rights basis at an issue price of ₹16.68 per share. This ₹27.97 Crore capital raise increases the company's paid-up equity share capital to ₹51.47 Crore. The allotment strengthens the company's financial position for future growth.
Pune E - Stock Broking Ltd received in-principle approval from BSE for a ₹37.44 Crore preferential issue. The company will allot 16,00,000 convertible warrants at ₹234 per warrant to promoter and non-promoter categories. This capital infusion strengthens the company's financial position and supports its growth initiatives.
Visa Steel Limited has allotted 1.65 crore equity shares at a price of ₹30 per share through a preferential issue. This ₹49.50 Crore capital raise increases the company's paid-up share capital to ₹145.79 Crore. The allotment was made to a single investor following board approval in October 2026.
Kati Patang Lifestyle Limited has issued a First and Final Call notice for ₹10.26 Crore (₹10 per share) regarding its previous rights issue. The payment period runs from April 10 to April 24, 2026. Successful payment will convert partly paid-up shares into fully paid-up equity shares.
Indrayani Biotech Ltd's Rights Issue Committee will meet on April 9, 2026, to finalize the price, entitlement ratio, and record date for its upcoming partly paid-up Rights Issue. The committee will also appoint a monitoring agency and banker to manage the capital raise process and ensure compliance.
Prabha Energy Ltd has successfully closed its rights issue of partly paid-up equity shares on April 06, 2026. The issue, which opened on March 20, 2026, aimed to raise approximately ₹139.21 Crore. This capital raise strengthens the company's financial position for future initiatives.
Ganga Bath Fittings Limited reported a statement of deviation for its IPO proceeds as of March 31, 2025. Out of the Rs. 32.65 Crore raised, approximately Rs. 22.38 Crore has been utilized, leaving an unutilized balance of Rs. 10.27 Crore in an escrow account.
Bhandari Hosiery Exports Ltd approved a revised fund utilisation plan for its ₹49.30 Crore rights issue proceeds. Due to 48.44% under-subscription, the company deferred long-term loan repayments and general corporate purposes, reallocating remaining funds toward working capital and issue expenses to be deployed by June 2026.
Lend Lease Company (India) Limited, a promoter of Nexome Capital Markets Ltd, acquired 11,61,988 shares for ₹8.71 Crore through a rights issue. This increases the promoter's stake from 4.92% to 16.46%, signaling strong internal support and capital infusion for the company's growth.
Shemaroo Entertainment Limited allotted 3,52,500 equity shares to promoter Jai Maroo via a preferential allotment. This transaction increases the promoter's holding from 4.52% to 5.52% and raises the company's total paid-up capital to 2,87,30,299 shares.
Bizotic Commercial Ltd has allotted 2,64,000 equity shares to promoter group entity Bizotic Nexus Pvt Ltd via a preferential issue. Following this allotment on April 02, 2026, the acquirer's stake in the company increased from 3.31% to 5.95%.
Modulex Construction Technologies Limited approved a preferential allotment of 5,67,972 equity shares to its promoter, Redribbon Modulex Buildings Limited. This acquisition increases the promoter group's stake from 19.00% to 19.30%, strengthening their control following the share issuance against equity of Give Vinduet Windows and Doors Private Limited.
Cupid Limited acquired 1,01,00,000 warrants of Baazar Style Retail Limited through a preferential allotment on April 2, 2026. The warrants represent a 11.92% stake on a fully diluted basis, strengthening Cupid's strategic investment in the target retail company.
Sammaan Capital Limited allotted 33 crore equity shares and 30.67 crore warrants to Avenir Investment RSC Ltd at ₹139 per unit via a preferential issue. The transaction represents a 43.4% stake in the target company. Allotted securities will be held in escrow without voting rights until the completion of a mandatory open offer.
Sammaan Capital Limited allotted 33,00,00,111 equity shares and 30,66,90,535 warrants to Avenir Investment RSC Ltd via a preferential issue on March 31, 2026. This strategic issuance results in the acquirer holding a 41.2% stake on a fully diluted basis, triggering a mandatory open offer for public shareholders.
Capfin India Limited allotted 8,80,000 equity shares to its promoters on a preferential basis on March 31, 2026. This acquisition increases the total promoter and PAC shareholding from 66.18% to 71.18% of the company's expanded capital. The infusion of funds through this preferential issue strengthens the company's capital base.
Vertex Securities Limited allotted equity shares through a Rights Issue on March 30, 2026. Consequently, Transwarranty Finance Ltd's voting power decreased from 53.04% to 42.43% following the renunciation of its Rights Entitlements. The company's total capital now includes 7.40 crore fully paid and 7.40 crore partly paid equity shares.
Kumar Nair, a promoter of Vertex Securities Limited, renounced Rights Entitlements in a Rights Issue allotted on March 30, 2026. Consequently, his voting rights decreased from 19.16% to 15.32%. The company's total equity share capital increased following the allotment of fully and partly paid shares.
SJ Corporation Ltd allotted 3.50 crore equity shares on a preferential basis to proposed promoters and non-promoters. This issuance resulted in the dilution of existing promoter holdings, with Savji Patel's stake decreasing from 37.39% to 7.21% and Ushaben Patel's stake decreasing from 33.46% to 6.45%.
Premium Plast Limited allotted 43,44,900 convertible warrants at Rs. 37 each, totaling approximately ₹16.08 Crore. The company received 25% of the issue price (₹4.02 Crore) upfront, with the remaining balance payable upon conversion into equity shares.
Suditi Industries Ltd has allotted 29,703 convertible warrants on a preferential basis to a non-promoter investor. The total issue size is approximately ₹0.18 Crore, with 25% received upfront. Each warrant is convertible into one equity share within 18 months.
Panache Digilife Limited has withdrawn its proposed preferential issue of 6,07,348 warrants to a non-promoter investor. The withdrawal is due to the investor's unwillingness to participate amid prevailing market volatility. The company confirmed this will not materially impact business operations or financial stability.
Bijoy Hans Limited received BSE listing approval for 4,05,21,836 equity shares issued on a preferential basis at Rs. 12.50 per share, totaling ₹50.65 Crore. The shares were allotted to both promoters and non-promoters.
Beta Drugs Limited provided a shareholding clarification regarding its proposed preferential issue. Following the issuance of equity shares and conversion of CCDs, the total share capital will increase to 1,10,85,872 shares, with promoter holding adjusting from 64.63% to 59.10%.
EFC (I) Limited's Board has approved a fund-raising proposal via a Rights Issue of equity shares for an aggregate amount of ₹160 Crore. Detailed terms including the issue price, rights ratio, and record date will be finalized by the Board or a designated committee in due course.
Axis Max Life Insurance approved a preferential allotment of 2.50 crore equity shares to Axis Bank for approximately ₹380.60 Crore. Following the infusion, Axis group entities will collectively hold 19.99% of the insurer. This capital raise supports future growth and aligns with existing shareholder agreements among Max Financial and Axis Bank.