Corporate Signals
- Laser Power & Infra Ltd
Laser Power & Infra Ltd has received a Letter of Intent from CESC Limited for the execution of EPC works at the Kabitirtha Distribution Station, including 33kV and 220kV underground cabling. The contract is valued at Rs 44 crore, inclusive of GST. The company is expected to complete the execution by March 2027. This order represents a material business development in the power infrastructure segment, expanding the company's order pipeline. The transaction is not a related party arrangement.
- KSB Ltd
KSB Limited has received a letter of award from Dangote Projects Free Zone Enterprise for the supply of 18 Boiler Feed Pump Packages. The contract is valued at approximately $12.4 million USD (equivalent to roughly 118 Crores INR). The execution of this order is scheduled to take place between September 2027 and March 2028. This significant international export contract reinforces KSB's position in the fertilizer and energy sectors. Payment terms for the supply will be executed after installation.
- JNK India Ltd
JNK India Limited has received two significant orders from an Indian customer for a flare package. Order 1 encompasses design, engineering, manufacture, and supply, while Order 2 covers installation, erection, and commissioning services. Classified as 'significant' (valued between Rs 0-100 crore per internal policy), these projects have an overall delivery schedule of 16 months from the effective date. The company confirmed no related party involvement in the contract award.
- Power Mech Projects Ltd
Power Mech Projects Ltd has secured an operation and maintenance (O&M) contract from Moxie Power Generation Limited, an Adani Group entity. The contract, valued at Rs 549.37 crore (excluding GST), covers O&M services for the 2x600 MW Tuticorin Thermal Power Plant. The project is set to span 60 months, commencing from October 1, 2026, and concluding on September 30, 2031. The company confirmed that the contract involves no related-party transactions or interest from the promoter group. This long-term engagement adds visibility to the company's service-based order book.
- Krystal Integrated Services Ltd
Krystal Integrated Services Ltd has received a work order from Kosol Energie Private Limited for the provision of manpower services at its factory in Bavla, Gujarat. The contract is valued at Rs 8.75 crore (excluding applicable taxes) and is set for a duration of one year, from October 12, 2026, to October 11, 2027. The company confirmed that this order was received in the ordinary course of business and noted that there is no interest from its promoter or promoter group in the client entity.
- Accord Transformer & Switchgear Ltd
Accord Transformer & Switchgear Limited has reported the receipt of new domestic purchase orders with a cumulative value of ₹8.64 crore (₹8,63,89,000). The company secured a significant order for the supply of 22 transformers from a private sector electrical company, valued at ₹8.39 crore, to be executed within one month. Additionally, it received an order for a 2.2 MVA inverter duty transformer from Good Earth Renewable Services Private Limited for ₹24.50 lakh, with an execution timeline of two to three months. The company has confirmed that these are unrelated party transactions.
- STL Networks Ltd
STL Networks Ltd has officially emerged as the Lowest Bidder (L1) for a contract awarded by RailTel Corporation of India Limited. The project scope includes the end-to-end design, supply, installation, testing, commissioning, configuration, integration, migration, and deployment of a Cloud Infrastructure Solution at RailTel’s Data Center and Disaster Recovery Site. The total consideration for the engagement is valued at Rs 249.8 crore, inclusive of taxes. As an L1 bidder, the company is positioned to secure the contract upon finalization, marking a significant win in the infrastructure and digital transformation space.
- ArisInfra Solutions Ltd
ArisInfra Solutions Ltd's subsidiary, Arisunitern RE Solutions Private Limited, has secured a service order from Transcon Bellaviu Private Limited (an SPV of Transcon Group). The contract involves providing DaaS services for 'Transcon UNO,' a residential apartment project in Kalina, Mumbai, which has an estimated Gross Development Value (GDV) of Rs 400 crore. The engagement, which commences on September 29, 2026, has an initial term of 18 months, extendable by mutual consent. This development represents a new business engagement in the residential real estate services segment for the company.
- Majestic Auto Ltd
Majestic Auto Limited has successfully completed the sale and transfer of its entire stake in its wholly-owned subsidiary, Sharan Hospitality Private Limited (SHPL), to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund. The transaction involved an aggregate consideration of approximately Rs 105.43 crore (Rs 1,05,42,80,536). Additionally, the company received Rs 29.28 crore as repayment of an Inter-Corporate Deposit. This divestment, which concludes the resolution plan implementation, results in a pre-tax gain of approximately Rs 29.28 crore for Majestic Auto. SHPL has ceased to be a subsidiary.
- Time Technoplast Ltd
Time Technoplast Limited has received board approval for the amalgamation of its 74.86% subsidiary, TPL Plastech Limited, into itself, effective from April 1, 2026. Under the terms, shareholders of TPL will receive 403 equity shares of Time Technoplast for every 1,000 shares held in TPL. This restructuring aims to simplify the group structure, integrate manufacturing operations, and enhance financial and operational synergies. The proposal remains subject to statutory, regulatory, and shareholder approvals. This consolidation integrates the industrial packaging subsidiary fully into the parent company to strengthen the overall financial position.
- Race Eco Chain Ltd
Race Eco Chain Limited has invested Rs 1.02 crore in its material subsidiary, Ganesha Recycling Chain Private Limited, through a rights issue. The company was allotted 1,02,000 equity shares, allowing it to maintain its 51% ownership stake. This investment is described as part of the company's corporate objective to expand its recycling business. The transaction is a related-party deal executed on an arm's length basis. The subsidiary, incorporated in September 2024, reported a turnover of 21.19 lakh in 2026.
- JSW Cement Ltd
JSW Cement Limited (the Transferee Company) has announced the approval of a Scheme of Arrangement to amalgamate its subsidiary, Shiva Cement Limited (the Transferor Company). The scheme aims to achieve operational synergies, backward integration of clinker manufacturing, and simplified corporate structure. The swap ratio for public shareholders of Shiva Cement is fixed at 5 equity shares of JSW Cement for every 41 shares held. The scheme is subject to regulatory and statutory approvals, including from the NCLT. JSW Cement will undertake reserve reorganization post-merger, with an appointed date of April 1, 2026.
- Shiva Cement Ltd
Shiva Cement Ltd (SCL) announced that its board has approved a scheme of arrangement for its amalgamation with JSW Cement Ltd (JCL). Under the swap ratio, SCL shareholders (excluding JCL) will receive 5 fully paid-up equity shares of JCL (face value INR 10) for every 41 equity shares of SCL (face value INR 2). The appointed date is April 1, 2026. The move aims to optimize raw material procurement by integrating SCL's 1.32 MTPA clinker facility with JCL, while creating financial and operational synergies. The scheme remains subject to regulatory and NCLT approvals.
- Jagsonpal Services Ltd
Jagsonpal Services Limited has approved the acquisition of a software platform, brands, IP, and human resources from Elanistech Private Limited for a cash consideration of Rs 10 crore. This move is aimed at kickstarting the company's revenue generation and aligning with strategic objectives. The target entity, Elanistech, operates in software development for financial and electronic payment services. Notably, this is a related-party transaction, as the Chairman, Managing Director, and CFO of Jagsonpal Services holds directorship and shareholding in the target entity. The transaction is tentatively expected to be completed within three months.
- TPL Plastech Ltd
The Board of TPL Plastech Ltd has approved a scheme of amalgamation to merge into its promoter, Time Technoplast Limited (TTL). With an appointed date of April 1, 2026, the scheme provides for the dissolution of TPL Plastech. Shareholders of TPL (excluding TTL) will receive 403 fully paid-up equity shares of TTL for every 1,000 shares held in TPL. This restructuring aims to integrate manufacturing, simplify the group structure, and leverage operational synergies. The proposal is subject to necessary statutory, regulatory, and shareholder approvals.
- Solar Industries India Ltd
Solar Industries India Ltd has incorporated a new step-down subsidiary, Solar Explochem Proprietary Limited, in the Republic of Botswana. The new entity, focused on the explosives industry, was established as a strategic move for the expansion of business operations. The company holds a 65% stake in the new subsidiary, with an initial capital subscription of USD 325,000 in cash. This development marks a continuation of the company's international expansion strategy through its wholly-owned subsidiary, Solar Overseas Mauritius Limited.
- Vipul Ltd
Vipul Ltd has released its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. On a consolidated basis, the company reported an annual revenue of Rs 87.91 crore and a net loss of Rs 8.43 crore. The independent auditor's report contains a modified opinion, highlighting several material concerns including uncertainties over the recovery of significant project advances, loans, and non-confirmation of trade receivables. Additionally, the board has not recommended any dividend for the year and announced the appointment of new cost and internal auditors. Shareholders should closely monitor these audit qualifications and ongoing litigation.
- Ansal Properties & Infrastructure Ltd
Ansal Properties & Infrastructure Ltd reported audited standalone financial results for the year ended 31st March 2026, showing a net profit of Rs. 36.23 crore compared to a loss of Rs. 1,629.33 crore in the prior year. The audit report is qualified, citing non-recognition of interest on NPA borrowings amounting to Rs. 23.26 crore. The company explicitly acknowledges material uncertainty regarding its ability to continue as a going concern, with accumulated losses exceeding net worth. Multiple projects are undergoing Corporate Insolvency Resolution Processes (CIRP), and legal disputes remain ongoing. No dividend has been recommended.
- Ind Agiv Commerce Ltd
Ind Agiv Commerce Ltd has resubmitted its financial results for the quarter ended June 30, 2026, to provide the required Limited Review Reports, replacing the previously filed Auditor's Reports. The company confirmed that the financial figures are unchanged. The audit reports include a qualified opinion regarding the lack of an audit trail in the company's accounting software. Additionally, the auditor highlighted significant overdue statutory dues and loan obligations, noting that certain borrowings have been declared as Non-Performing Assets (NPA) and are currently subject to legal proceedings or restructuring processes.
- Panyam Cements & Mineral Industries Ltd
Panyam Cements & Mineral Industries announced its financial results for the quarter ended June 30, 2026, reporting a revenue of Rs 35.34 crore against Rs 0.30 crore in the year-ago quarter. Despite the revenue growth, the company posted a net loss of Rs 23.02 crore, widening from the loss of Rs 18.89 crore in the same period last year. Additionally, the company appointed Mr. Sunki Reddy Pitchi Reddy as the new Chief Financial Officer, effective September 29, 2026. The financial results include provisions for interest and deferred income under Ind AS 109.
- Prasol Chemicals Ltd
Prasol Chemicals Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a significant jump in performance compared to the same quarter last year, with revenue from operations reaching Rs 4,336.46 million and net profit rising to Rs 610.23 million. The board also noted the upcoming retirement of Dr. Chitra Vaidya, VP-R&D, effective September 30, 2026. The results are accompanied by an unmodified limited review report from statutory auditors. The company also disclosed the successful completion of its Initial Public Offer (IPO) in September 2026.
- Rays of Belief Ltd
Rays of Belief Limited announced its unaudited financial results for the quarter ended June 30, 2026. On a consolidated basis, the company reported revenue of Rs 25.31 crore compared to Rs 10.71 crore in the year-ago period. The company achieved a profit after tax of Rs 2.79 crore, turning around from a loss of Rs 0.54 crore in the corresponding quarter of the previous year. Additionally, the company disclosed that its subsidiary, Mom's Belief US Inc., acquired 100% of City Pro Group Inc. effective September 18, 2026. The company was listed on stock exchanges on September 8, 2026.
- Naturo Indiabull Ltd
Naturo Agrotech India Limited released audited financial results for the year ended March 31, 2026, reporting a net loss of Rs 82.07 lakh compared to a loss of Rs 129.71 lakh in the previous year. Revenue plummeted to Rs 1.00 from Rs 2.05 crore in the prior year. The audit report contains multiple qualifications, citing non-compliance with the Companies Act regarding loans, borrowings, and related-party transactions, alongside concerns over inventory valuation, receivables recoverability, and accounting software audit trails. The management stated that corrective actions, including debt restructuring and compliance reviews, are underway.
- Deepa Jewellers Ltd
Deepa Jewellers Ltd reported unaudited standalone financial results for the quarter ended June 30, 2026, recording revenue from operations of INR 4,311.11 million, up from INR 3,100.60 million in the year-ago period. Profit for the period stood at INR 267.56 million compared to INR 210.68 million in the corresponding quarter of the previous year. The company noted that subsequent to the quarter, it completed an Initial Public Offering (IPO) with a fresh issue of INR 2,500 million. The financial results have been subjected to a limited review by the statutory auditors.
- Deepa Jewellers Ltd
Deepa Jewellers Ltd reported Q1-FY27 revenue of Rs 4,311 million, a 39% YoY increase, driven by strong business momentum. While net profit rose 27% YoY to Rs 268 million, margins faced pressure. EBITDA margin declined by 34 bps to 8.98%, and PAT margin contracted by 58 bps to 6.22%. Management attributed the margin compression to increased employee costs for hiring at the new Hyderabad manufacturing facility, higher depreciation, and rising finance costs to support working capital for new regional offices. The company continues to invest in capacity expansion and technology to improve long-term profitability.
- Aarti Surfactants Ltd
Aarti Surfactants Limited (ASL) released its FY2026 investor presentation alongside its 8th Annual General Meeting. The company reported a 30% increase in operational revenue to Rs 859.13 crore (85,912.92 Lakhs), driven by its surfactant business. However, profitability faced pressure, with Profit After Tax (PAT) declining 15% to Rs 12.68 crore, as EBITDA margins compressed from 7.56% to 5.51%. The presentation also highlights a credit rating upgrade to Crisil A-/Stable. Shareholders should monitor the ongoing impact of margin compression versus the top-line growth trajectory.
- Ravindra Energy Ltd
Ravindra Energy Ltd (REL) has announced a proposed amalgamation with Energy In Motion Ltd (EIM) to create an integrated 'Energy + Motion' platform. The entity will merge renewable energy assets with EIM's electric vehicle trucking ecosystem, aiming to internalize energy supply and eliminate retail tariff exposure. Post-amalgamation, REL will continue as the listed entity and be renamed 'Energy In Motion Limited'. The management targets a capex of Rs 3,500-4,000 crore over three years for its network division, to be funded through equity raising and monetization of existing solar assets.
- ESDS Software Solution Ltd
ESDS Software Solution Ltd reported Q1 FY27 revenue of INR 133.66 crore, a 7.28% year-over-year increase, with PAT growing 14% to INR 29.28 crore. The company saw a 20% sequential revenue decline, attributed to one-time design services in the prior quarter. ESDS highlighted its Sharon AI factory in Sydney, noting an operational delay with revenue now expected from Q3 FY27. The company is scaling GPU capacity to 1,500 units by Q4 FY27, supported by a domestic order book of INR 3,000 crore. Management remains focused on high-margin international demand amid ongoing global supply chain constraints.
- Priority Jewels Ltd
Priority Jewels Ltd released an investor presentation for institutional meetings scheduled for September 30, 2026. The presentation details its B2B fine jewellery business, reporting FY26 revenue of INR 5,389.49 million and PAT of INR 176.48 million. Growth metrics highlight a 31.8% EBITDA CAGR and 57.1% PAT CAGR for the FY24-FY26 period. Strategic growth plans include manufacturing capacity expansion, product portfolio diversification into various gold karats, and growth in the lab-grown diamond segment. The company maintains a CARE BBB (Stable) / A3+ credit rating.
- Granules India Ltd
Granules India Ltd has formally disclosed the availability of the audio recording for the webinar conducted on September 29, 2026, in compliance with Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is a routine procedural filing made by the company to ensure transparency and access for stakeholders. The recording can be accessed through the link provided in the filing on the company's investor relations website.
- Persistent Systems Ltd
Persistent Systems Limited has scheduled an additional institutional investor group meeting for September 30, 2026, to engage with firms including Millennium, Arrowpoint, and others. The company will reiterate information from its latest investor presentation, which details its Q1 FY27 performance and strategic initiatives. Persistent reported a Q1 FY27 revenue of $452.4 million, a 16.1% year-on-year increase, and continues to highlight its 'AI-led, Platform-driven' strategy. The presentation also reaffirms the status of its proposed acquisition of Nagarro SE, valued at an enterprise value of approximately EUR 1.27 billion. No unpublished price-sensitive information will be discussed.
- Purple Style Labs Ltd
Purple Style Labs Ltd has disclosed the link to the audio recording of its earnings conference call held on September 29, 2026, regarding the financial results for the quarter ended June 30, 2026. This standard regulatory filing provides stakeholders with access to management's commentary and insights shared during the Q1 FY27 discussion. The audio recording is publicly available on the company's investor relations website for those reviewing the recent quarterly performance and strategic updates.
- Transport Corporation of India Ltd
TCI board approved a share buyback of up to 1,562,500 equity shares (approx. 2.03% of paid-up capital) at INR 960 per share, totaling up to INR 150 crore via the tender offer route. The record date for the buyback is October 9, 2026, with promoters opting out of the participation. Additionally, the company plans to incorporate a wholly owned subsidiary in China with a financial commitment of up to USD 2 million to expand its international logistics network and the India-China-Far East trade corridor.
- Emami Ltd
Emami Ltd's board of directors has approved an open-market share buyback of up to Rs 282 crore (Rs 28,200 lakh) at a maximum price of Rs 475 per share. The company intends to purchase up to 59.37 lakh equity shares, representing approximately 1.36% of its total paid-up equity capital. The company has set a minimum buyback size of 75% of the allocated amount, equating to Rs 211.5 crore. This capital allocation strategy, approved on September 17, 2026, aims to return value to public shareholders, with a designated Buyback Committee established to oversee the process.
- Advanced Enzyme Technologies Ltd
Advanced Enzyme Technologies Limited has formally extinguished 825,028 fully paid-up equity shares, each with a face value of Rs 2, as part of its ongoing open market share buyback program. The extinguishment was completed on September 2, 2026, covering shares purchased during August 2026. The company has filed the necessary certificates and debit confirmations from Central Depository Services (India) Limited with the stock exchanges, confirming compliance with SEBI Buy-Back Regulations. This update confirms the procedural reduction in equity capital following the buyback execution.
- Great Eastern Shipping Company Ltd
The Great Eastern Shipping Company has announced the commencement of its share buyback program effective September 4, 2026. The company plans to acquire equity shares via the open market route for a total amount not exceeding Rs 900 crore. The maximum buyback price is set at Rs 1,530 per share. This program excludes promoters and shareholders belonging to the promoter group. The move follows the board's approval on August 27, 2026, and a public announcement dated August 29, 2026. Shareholders should monitor the market for execution of the buyback.
- Man Infraconstruction Ltd
Man Infraconstruction Limited’s board has approved the buyback of up to 99,00,000 equity shares at a maximum price of Rs 171 per share, involving an aggregate outlay of Rs 169.29 crore. The buyback will be conducted via the open market route through the stock exchanges, excluding promoters and persons acting in control. This initiative represents approximately 2.45% of the company’s existing paid-up equity capital. The company has constituted a Buyback Committee to oversee the execution of the process in accordance with regulatory norms. This move serves to return capital to public shareholders.
- Great Eastern Shipping Company Ltd
The Great Eastern Shipping Company Limited's board has approved the buyback of fully paid-up equity shares via the open market route. The buyback has a maximum size of ₹900 crore at a maximum price of ₹1,530 per share. This indicates an intention to repurchase approximately 58.82 lakh shares, or 4.12% of the total paid-up equity capital. The company is committed to utilizing at least 75% of the allocated amount (minimum ₹675 crore). Promoters are ineligible to participate in this open market offer. Investors should track the public announcement for specific timelines and process details.
- Advanced Enzyme Technologies Ltd
Advanced Enzyme Technologies has approved a buyback of equity shares via the open market route. The company has set a maximum buyback price of ₹500 per share, with an aggregate buyback size capped at ₹69.7 crore. This board-approved initiative aims to utilize the company's internal accruals and cash balances, ensuring no reliance on borrowed funds. The buyback is expected to involve up to 1.39 million shares, representing approximately 1.24% of the total paid-up equity shares. Investors should monitor the progress as the company navigates regulatory requirements, with the buyback explicitly excluding promoter and promoter group participation.
- Advanced Enzyme Technologies Ltd
Advanced Enzyme Technologies released financial results for the quarter ended June 30, 2026, reporting a consolidated net profit of ₹38.59 crore on a revenue of ₹189.79 crore. The Board approved a share buyback program of up to ₹69.70 crore at a maximum price of ₹500 per share. The company also announced the acquisition of the remaining 4.28% stake in JC Biotech Private Limited to make it a wholly owned subsidiary, alongside a fund infusion of up to ₹2.00 crore into its subsidiary, Advanced Nutrazyme Private Limited. These moves reflect a focus on capital management and corporate structure optimization.
- Nitin Castings Ltd
Nitin Castings Ltd has concluded its voluntary delisting process via the Reverse Book Building Process (RBBP) conducted between August 5 and August 11, 2026. The discovered price has been set at Rs 300.00 per share, surpassing the floor price of Rs 273.36. With 7,53,984 shares successfully tendered, the promoter group's shareholding has increased to 90.73% of the remaining shares, meeting the 90% regulatory threshold. The final success of the delisting is now contingent upon the formal acceptance of the discovered price by the acquirers.
- Haryana Financial Corporation Ltd
Haryana Financial Corporation Ltd has announced a voluntary delisting offer as it initiates liquidation proceedings. The State Government of Haryana, acting as the promoter, aims to acquire the remaining 1,319,900 equity shares held by the public, representing 0.64% of the share capital. The corporation has ceased loan sanctions since 2010 and is no longer considered a going concern. Shareholders are being offered an exit opportunity, with a provision for tendering shares for up to two years post-delisting. The exit price will be determined under SEBI regulations appropriate for an entity in wind-down mode.
- Nitin Castings Ltd
Nitin Castings Ltd has issued a detailed public announcement for the voluntary delisting of its equity shares from BSE. The delisting offer, initiated by the promoter group who collectively hold 71.39% of the equity, includes a floor price of ₹273.36 per share. The bidding process for public shareholders is scheduled to occur from August 5, 2026, to August 11, 2026. The company recently received in-principle approval from BSE. This development marks a significant transition, and shareholders should closely monitor the delisting timeline and the reverse book-building process.
- Jindal Photo Ltd
Jindal Photo Limited has issued an update regarding its ongoing voluntary delisting process from the BSE and NSE. The promoter group, comprising Concatenate Power Advest Private Limited and Concatenate Advest Advisory Private Limited, along with Jindal India Power Limited as the Person Acting in Concert (PAC), appointed ICON Valuation LLP as the Registered Valuer. The valuation report has established a floor price of Rs 1,119.50 per equity share. Based on this, the Acquirers have set an indicative offer price of Rs 1,120 per equity share for the delisting proposal.
- Jindal Photo Ltd
Jindal Photo Limited's promoter group, including Concatenate Power Advest Private Limited and Concatenate Advest Advisory Private Limited, alongside Jindal India Power Limited, has announced an intention to voluntarily delist the company from BSE and NSE. The acquirers propose to acquire 2,646,183 equity shares, representing 25.80% of the paid-up equity share capital, from public shareholders. The delisting will be executed through a reverse book building process. Key conditions include board and shareholder approval, and the offer is subject to the acceptance of the discovered price by the acquirers. This move aims to provide an exit opportunity for public shareholders.
- Ras Resorts & Apart Hotels Ltd
Ras Resorts and Apart Hotels is subject to a delisting offer by promoters to acquire up to 9,21,582 equity shares. The shares have a face value of ₹10.00.
- KEI Industries Ltd
KEI Industries announced Q3 FY26 results: PAT up 42.5% YoY. Declared ₹4.50 interim dividend. Approved voluntary delisting from CSE.
- Tulive Developers Ltd
Tulive Developers' promoters propose voluntary delisting from BSE, setting a floor price of ₹719.30 and indicative offer price of ₹750.
- Focus Business Solution Ltd
Focus Business Solution Ltd announced that shareholders approved all resolutions at the company's 19th Annual General Meeting held on September 28, 2026. Key decisions include the declaration of a final dividend of Rs. 0.10 per equity share for the financial year ended March 31, 2026. Additionally, shareholders approved the alteration of the company’s Memorandum of Association to expand into textile, hospitality, food and beverage, tourism, and property development sectors, with an estimated investment of Rs. 2 crore. The meeting also confirmed the appointment of M/s PSSP & Co. as statutory auditors and approved the remuneration for key managerial personnel.
- Repco Home Finance Ltd
Repco Home Finance Ltd has formally announced that shareholders approved a final dividend of Rs 3 per equity share at the company's 26th Annual General Meeting held on September 29, 2026. This distribution pertains to shares with a face value of Rs 10 each for the financial year ended March 31, 2026. The approval confirms the dividend recommendation for the completed fiscal year. Shareholders are advised to note this corporate action as part of the company's capital allocation process.
- Caspian Corporate Services Ltd
Caspian Corporate Services Limited has announced that it has fixed Friday, October 9, 2026, as the record date for determining shareholder entitlement to a final dividend of Rs. 0.50 per equity share of Rs. 10 face value for the financial year 2025-26. This dividend, previously recommended by the Board on May 27, 2026, remains subject to approval by shareholders at the company's 15th Annual General Meeting and will be paid within 30 days of that approval, subject to tax deduction at source.
- Transport Corporation of India Ltd
The Board of Transport Corporation of India Ltd has approved a share buyback of up to 1.56 million equity shares at INR 960 per share, totaling up to INR 150 crore. The buyback will be executed via the tender offer route, with a record date set for October 9, 2026; promoters will not participate. Additionally, the company approved the incorporation of a wholly-owned subsidiary in China with an investment of up to USD 2 million to expand its international logistics network and target the India-China-Far East trade corridor.
- Ddev Plastiks Industries Ltd
Ddev Plastiks Industries Ltd has received shareholder approval at its 6th Annual General Meeting for a final dividend of Rs 1.25 per fully paid equity share of face value Re 1, representing a 125% payout for the financial year ended March 31, 2026. The dividend is payable to shareholders as of the record date of September 19, 2026. The company expects to complete the payout in electronic mode by October 25, 2026, subject to TDS and updated KYC/bank mandates. This formal approval confirms the dividend distribution as previously proposed.
- Ddev Plastiks Industries Ltd
Ddev Plastiks Industries Ltd has officially confirmed the declaration of a final dividend of Rs 1.25 per fully paid equity share of Re 1 each, representing a 125% payout for the financial year ended 31st March 2026, as approved by shareholders at the 6th Annual General Meeting held on 26th September 2026. The dividend is scheduled for payment within 30 days, specifically by 25th October 2026, to shareholders of record as of 19th September 2026. Payments will be made electronically, subject to applicable TDS and the requirement for updated bank mandates.
- Rolcon Engineering Company Ltd
Rolcon Engineering Company Ltd announced that its shareholders approved the dividend recommended by the Board at the 59th Annual General Meeting held on September 28, 2026. The approved dividend is 25% of the face value, amounting to Rs 2.5 per equity share of Rs 10 each. This meeting, which concluded at 3:50 p.m. (IST), formalizes the distribution of earnings to shareholders for the financial year 2025-26.
- Mold-Tek Packaging Ltd
Mold-Tek Packaging Ltd has announced October 09, 2026, as the record date for its 1:1 bonus equity share issue. Shareholders holding fully paid-up equity shares as of this date will be eligible to receive one bonus share of Rs 5 each for every existing share held. This action follows shareholder approval obtained on September 21, 2026. The bonus shares will be issued via the capitalization of the company's reserves. The deemed date of allotment is set for October 12, 2026, and the new shares will rank pari-passu with existing shares.
- Inox Green Energy Services Ltd
Inox Green Energy Services Limited has successfully closed its Qualified Institutions Placement (QIP), allotting 1,81,10,473 equity shares to 20 institutional buyers. The shares were issued at Rs 165.65 each, including a premium of Rs 155.65, representing a 5% discount to the floor price of Rs 174.36. This transaction raised approximately Rs 300 crore, increasing the company's total paid-up equity capital to Rs 419.60 crore. Key participants include Bandhan Small Cap Fund, Leading Light Fund, and others. The trading window for the company's securities is set to reopen on 2nd October, 2026.
- Inox Green Energy Services Ltd
Inox Green Energy Services Ltd has formally concluded its Qualified Institutional Placement (QIP), which opened on 24th September 2026. The company's Operations Committee approved the allocation of 1,81,10,473 equity shares to eligible qualified institutional buyers. The issue price was set at Rs 165.65 per share, representing a 5% discount (Rs 8.71) on the floor price of Rs 174.36. The company has adopted the final placement document and confirmed the allocation notes for participants. This marks the successful completion of the fundraising exercise initiated by the company earlier in the week.
- CCME Global Ltd
CCME Global Limited concluded its 34th AGM, securing shareholder approval for significant corporate actions. The company authorized a preferential issue of equity shares, raising Rs. 18 crore via cash and funding the acquisition of a 45% stake in CCME UAE (Rs. 112.5 crore) and a 52% stake in Interlink Distribution LLC (Rs. 20.34 crore). Shareholders also approved a 1:10 equity share split, reducing face value from Rs. 10 to Rs. 1 to enhance liquidity. Additionally, the company authorized an increase in authorized share capital to Rs. 200 crore and the relocation of its registered office to Mumbai, Maharashtra.
- OnEMI Technology Solutions Ltd
OnEMI Technology Solutions Ltd has allotted 8,44,830 equity shares of face value INR 1 each following the exercise of employee stock options under its 2019, 2021, and 2022 ESOP plans. The Nomination and Remuneration Committee approved this allotment on September 29, 2026. Consequent to this issuance, the company’s paid-up share capital has increased to INR 17.81 crore, comprising 17,81,14,102 equity shares. These newly allotted shares rank pari passu with the existing equity shares of the company.
- Alphalogic Industries Ltd
Alphalogic Industries Ltd has allotted 3,30,000 equity shares at Rs. 28 per share to Vivaro Enterprises Limited upon the conversion of an equal number of warrants. This conversion, which brought in Rs. 69.30 lakh in balance proceeds, increased the total paid-up share capital to 1,05,19,200 shares. Notably, the shareholding of the promoter, Alphalogic Techsys Limited, diluted from 51.18% to 49.57%, resulting in the company ceasing to be a subsidiary of its promoter under the Companies Act. There remain 14,70,000 warrants outstanding.
- Aurum PropTech Ltd
Aurum PropTech Limited has completed the allotment of 1,97,93,309 fully paid-up equity shares to REA India Pte. Limited, Singapore, on a preferential basis. The issue price is set at ₹231.421 per share, with an aggregate transaction value of approximately ₹458.06 crore. This non-cash allotment is for the acquisition of 100% of the share capital of Locon Solutions Private Limited. Following this issuance, REA India's stake in Aurum PropTech increases from 5.55% to 24.49%. The allotment follows necessary shareholder and exchange approvals, significantly altering the company's equity capital base.
- TruCap Finance Ltd
TruCap Finance Limited has allotted 9,00,000 equity shares with a face value of Rs 2 each under the Dhanvarsha ESOP Plan-2018. This allotment, approved by the Board via circulation on September 29, 2026, increases the company's total paid-up equity share capital from Rs 23.77 crore to Rs 23.95 crore. The newly issued shares rank pari-passu with existing equity shares. This is a routine corporate action concerning employee stock option exercise, resulting in minor equity dilution.
- Chalet Hotels Ltd
Chalet Hotels Limited has completed the private placement of Commercial Paper (CP) aggregating Rs. 100 crore. The issuance consists of 2,000 CPs with a face value of Rs. 5,00,000 each, issued at a discount of Rs. 98.47 crore. The instruments have an 86-day tenure, maturing on December 24, 2026, and carry a fixed coupon rate of 6.60%. The CPs are unsecured and rated CRISIL A1+ by CRISIL Ratings. The company plans to list these securities on the Wholesale Debt Market (WDM) segment of the BSE.
- Kimia Biosciences Ltd
Kimia Biosciences Limited has informed the exchange of board composition changes approved at its 33rd Annual General Meeting held on September 28, 2026. Shareholders approved the re-appointment of Mr. Sameer Goel as a director liable to retire by rotation and the appointment of Mr. Amulya Kumar Nayak as a director. Additionally, Ms. Reema Goyal and Mr. Avinash Prabhat were appointed as Non-Executive Independent Directors for five-year terms. These updates are part of the company's routine governance and compliance disclosures following its annual meeting.
- Prismx Global Ventures Ltd
Prismx Global Ventures Ltd (BSE: 501314) announced that its shareholders approved the appointment of Mr. Ravindra Bhaskar Deshmukh as Executive Director and the re-appointment of Ms. Ankita Hasmukhdas Sethi and Mr. Sandeep Kumar Sahu as Independent Directors, each for a five-year term at the meeting held on September 29, 2026. Additionally, the company appointed M/s. Jay Bhatt & Associates as its Secretarial Auditor for a five-year period. These appointments were approved following board recommendations and align with corporate governance compliance standards.
- Mayur Leather Products Ltd
Mayur Leather Products Ltd concluded its 41st Annual General Meeting on September 29, 2026, where shareholders approved the re-appointment of Rajendra Kumar Poddar and Manish Bihani as Directors. Additionally, shareholders approved the appointment of Mahesh Bhatter as a Non-Executive Independent Director for a 5-year term. The company also appointed M/S YG & Associates as Statutory Auditors for a 5-year term to fill a casual vacancy. All resolutions proposed in the AGM notice were passed with the requisite majority via remote e-voting and ballot voting.
- Mayur Leather Products Ltd
Mayur Leather Products Ltd held its 41st Annual General Meeting on September 29, 2026. Shareholders approved the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The meeting saw the reappointment of Mr. Rajendra Kumar Poddar and Mr. Manish Bihani as directors. Additionally, shareholders approved the appointment of Mr. Mahesh Bhatter as a Non-Executive Independent Director for a five-year term. The company also appointed M/s YG & Associates as the new statutory auditors for a five-year term, filling a casual vacancy following the resignation of the previous firm.
- CCME Global Ltd
CCME Global Ltd's 34th Annual General Meeting, held on September 29, 2026, approved a series of strategic corporate actions. Shareholders greenlit the acquisition of a 45% stake in CCME UAE and a 52% stake in Interlink Distribution LLC, both funded through preferential equity allotments. Additionally, the company approved a stock split of equity shares in a 1:10 ratio, an increase in authorized share capital to Rs 200 crore, and the shifting of its registered office from Andhra Pradesh to Maharashtra. The company also regularized the appointment of Ms. Ami Oza as an Independent Non-Executive Director and appointed new statutory auditors.
- Peoples Investments Ltd
Peoples Investments Ltd announced that shareholders at the Annual General Meeting held on September 29, 2026, approved the appointment of Shri Brajesh Palsaniya as a Non-Executive Director of the company. Mr. Palsaniya, a Fellow Chartered Accountant (FCA), was previously appointed as an Additional Director by the Board effective August 11, 2026. His appointment as a Non-Executive Director is liable to retire by rotation as per the Companies Act, 2013. The company confirmed that Mr. Palsaniya has no relationship with any existing Director or Key Managerial Personnel.
- Ashapura Minechem Ltd
Ashapura Minechem Ltd concluded its 45th AGM on September 29, 2026, reporting FY 2025-26 consolidated income from operations of Rs. 5,237 crore and PBT of Rs. 449 crore. Management highlighted a significant rise in Guinea bauxite exports to 8 million tonnes, up from 3.5 million tonnes in the previous year. A 100% final dividend (Rs. 2 per share) was recommended. Notably, Shri Chetan Shah retired as a Director at the AGM's conclusion but will assume the role of Chief – Strategy & Planning (KMP) effective October 1, 2026.
- CCME Global Ltd
CCME Global Limited concluded its 34th AGM on September 29, 2026, approving several material corporate actions. Shareholders sanctioned an increase in authorized share capital from Rs 60 crore to Rs 200 crore and a 1:10 stock split. The company also approved significant preferential issues to raise capital and fund acquisitions, including 45% of CCME UAE and 52% of Interlink Distribution LLC. M/s Desai Saksena & Associates was appointed as the new statutory auditor for five years. Additionally, the company approved shifting its registered office from Andhra Pradesh to Maharashtra.
- Space Incubatrics Technologies Ltd
The NCLT, Allahabad Bench, has admitted a petition by Avail Financial Services Limited to initiate the Corporate Insolvency Resolution Process (CIRP) against Space Incubatrics Technologies Limited. The insolvency proceedings arise from an alleged default of ₹1.19 crore (119.05 lakh). With this order, the powers of the company's Board of Directors are suspended, and the management now vests with the Interim Resolution Professional (IRP), Mr. Dinesh Chander Gupta. A moratorium is now in effect, freezing the company's assets and restricting legal actions against it. The next hearing is scheduled for July 14, 2026.
- JLA Infraville Shoppers Ltd
JLA Infraville Shoppers Limited has been admitted to the Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), Bengaluru Bench. The legal proceedings, initiated by Sital Leasing and Finance Limited, concern a total financial default of ₹2.44 crore (₹243.53 lakh). With this order, the company's board and management powers are suspended and vested with the Interim Resolution Professional, Mr. Dinesh Chander Gupta. A moratorium is now in effect, restricting asset transfers and recovery actions, marking a critical transition point for the company's operational control and future financial standing.
- Kesar Enterprises Ltd-$
Kesar Enterprises Limited disclosed a petition filed by IFCI Limited under the Insolvency and Bankruptcy Code, 2016.
- Reliance Power Ltd
Reliance Power disclosed US Exim filed application alleging debt default by subsidiary SPL (US$165.41 mn), which company will contest.
- Educomp Solutions Ltd
Educomp Solutions NCLT order (Mar 13, 2026) flags failed resolution plan. SRA faces consequences as fresh process begins.
- Jaiprakash Power Ventures Ltd
Jaiprakash Power Ventures Limited disclosed an application for Corporate Insolvency Resolution Process has been filed against it, alleging a default of Rs. 511,72,82,207/-.
- Dharan Infra-EPC Ltd
NCLT admits Tata Capital Housing Finance's insolvency plea against Dharan Infra-EPC, initiating Corporate Insolvency Resolution Process.
- Oswal Overseas Ltd
Oswal Overseas Limited responded to BSE query, stating its Corporate Insolvency Resolution Process application is pending NCLT decision.
- Punj Lloyd Ltd
Punj Lloyd Ltd has informed the stock exchanges that Mr. Adhish Swaroop has resigned from his position as the Company Secretary and Compliance Officer. The resignation, tendered to pursue alternate career opportunities, was effective from the close of business hours on August 31, 2026. This disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is a standard governance update regarding key managerial personnel.
- Punj Lloyd Ltd
Punj Lloyd Ltd has announced that the first meeting of its Reconstituted Committee of Creditors (CoC) is scheduled for September 2, 2026. The meeting will take place both physically in New Delhi and through audio-visual mode. The agenda for the meeting is to discuss the way forward regarding the closure of the liquidation process for the company. This disclosure is made in accordance with the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, marking a procedural step in the firm's ongoing insolvency resolution framework.
- Punj Lloyd Ltd
Punj Lloyd Ltd has informed stock exchanges that one of its joint statutory auditors, M/s Kashyap Sikdar & Co., has resigned effective 11 August 2026. The firm cited professional preoccupation and other professional commitments as the reason for the departure. Importantly, the company has confirmed that its remaining joint statutory auditor, M/s Shah Dhandharia & Co. LLP, will continue in its role, ensuring no disruption in audit oversight. The resigning firm explicitly confirmed the absence of any adverse concerns or management-imposed limitations, providing clarity for investors regarding the nature of the resignation.
- Punj Lloyd Ltd
Punj Lloyd Ltd, currently undergoing a liquidation process as a going concern, has released its unaudited financial results for the quarter ended June 30, 2026. The company reported a standalone revenue of ₹15.86 crore with a net loss of ₹4.13 crore. On a consolidated basis, the revenue remained ₹15.86 crore, while the net loss stood at ₹7.65 crore. Additionally, the company announced key corporate governance updates, including the resignation of director Rajeev Pal and the appointment of Rahul Singh Tomar to the Board. The company also recommended the appointment of new joint statutory and cost auditors.
- Punj Lloyd Ltd
Punj Lloyd has announced a meeting of its Board of Directors scheduled for July 31, 2026. The primary agenda is to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. In line with regulatory requirements, the company also confirmed that its trading window for securities has been closed since July 1, 2026, and is set to reopen on August 2, 2026. Investors should note that the company is currently operating under the Corporate Insolvency Resolution Process (CIRP).
- Punj Lloyd Ltd
Punj Lloyd Ltd has informed stock exchanges of the resignation of M/s. SGTC & Associates as its Cost Auditor for the financial year 2018-2019. The resignation is effective as of July 17, 2026. The firm stated its ineligibility to continue as the reason for the cessation. However, the auditor has explicitly confirmed that there are no professional or other reasons connected to the company's affairs that led to this decision. Investors should monitor this transition as part of the company's ongoing audit and regulatory compliance process.
- Punj Lloyd Ltd
Punj Lloyd Limited has released its audited financial results for the year ended March 31, 2026. The company, which is currently undergoing a Corporate Insolvency Resolution Process (CIRP)/Liquidation, reported total income from operations of ₹271.92 crore, compared to ₹283.04 crore in the previous year. The net loss after tax (after exceptional items) widened significantly to ₹1,550.69 crore for the financial year ending March 31, 2026, from a net loss of ₹488.31 crore reported for the year ended March 31, 2025. Investors should note the company's ongoing liquidation status, which poses extreme risks to equity shareholders.
- Punj Lloyd Ltd
Punj Lloyd Limited has announced its financial results for the year ended March 31, 2020. The company reported a standalone net loss of ₹844.84 crore and a consolidated net loss of ₹723.32 crore for the period. These results were approved as the company undergoes liquidation following a Corporate Insolvency Resolution Process (CIRP), with Adani Infra (India) Limited emerging as the successful bidder. The statutory auditors issued a qualified opinion, citing significant issues regarding asset verification, internal controls, and overseas branch operations. The company is currently classified as a willful defaulter and faces pending investigations by various regulatory authorities.
- Jammu & Kashmir Bank Ltd
Jammu & Kashmir Bank Ltd has announced that Brickwork Ratings has reaffirmed the 'BWR A/Stable' rating for its Rs 1,000 crore Additional Tier I bonds under Basel III. Additionally, the credit rating for the bank's Tier II bonds has been withdrawn. This update serves as a standard regulatory compliance disclosure regarding the bank's Basel III compliant debt instruments and indicates stability in its credit assessment for the specified capital instruments.
- Juniper Green Energy Ltd
Juniper Green Energy Limited announced credit rating assignments for two of its subsidiaries on September 29, 2026. India Ratings and Research assigned an 'IND AA/Stable' rating to the bank loan facilities of Juniper Green Sigma Limited. Simultaneously, ICRA Limited assigned an '[ICRA]A+ (Stable)' rating to the long-term fund-based term loan facility of Rs 472.16 crore held by Juniper Green Spark Ten Private Limited. These ratings underscore the credit profile of the specific project-level debt facilities, supported by long-term power purchase agreements and the parent company's operational presence in the renewable energy sector.
- Zeal Aqua Ltd
Zeal Aqua Ltd has been assigned 'CRISIL BBB/Stable' for its long-term bank facilities and 'CRISIL A3+' for short-term bank facilities by CRISIL Ratings. The ratings are supported by the promoters' experience in the aquaculture sector, integrated operations, and a moderate financial risk profile. Financial performance for FY2026 shows robust revenue growth to Rs 682.67 crore, up from Rs 519.70 crore in FY2025. Key watch points include operating margin volatility due to input prices, foreign exchange exposure, geographic concentration, and working capital intensity.
- Muthoot Capital Services Ltd
Muthoot Capital Services Ltd has received a credit rating assignment of 'BWR AA/Stable' for its Fixed Deposits amounting to Rs 300 crore. Additionally, Brickwork Ratings has reaffirmed the 'BWR AA/Stable' rating for the company's fund-based Bank Loan facilities totalling Rs 3,500 crore. The ratings factor in the implicit support of the Muthoot Pappachan Group, the company's strong capital position, and its experienced management team. The company's assets under management were Rs 3,379 crore as of June 30, 2026, with a capital adequacy ratio of 22.07%. Asset quality has shown improvement, with GNPA at 3.94% as of June 30, 2026.
- Samvardhana Motherson International Ltd
Samvardhana Motherson International Limited has informed the stock exchanges that Japan Credit Rating Agency Ltd. has revised the company's rating outlook from 'Stable' to 'Positive'. The agency has maintained the 'A' rating for the company's Foreign Currency Long-term Issuer status. This adjustment by the credit rating agency signals an improvement in the agency's assessment of the company's credit outlook.
- Neptune Logitek Ltd
Neptune Logitek Ltd has disclosed that CRISIL Ratings Limited has assigned a 'CRISIL BB/Stable' rating to its total bank loan facilities of Rs 70 crore. The company clarified that as it has not issued any debt securities, this disclosure is voluntary and is made for informational purposes under Regulation 30. This rating provides an independent assessment of the company's creditworthiness concerning its banking facilities.
- Indag Rubber Ltd
Indag Rubber Ltd announced that ICRA has reaffirmed its long-term credit rating at [ICRA]A- (Negative) and short-term credit rating at [ICRA]A2+. The rating agency noted a recovery in profitability in FY2026 and Q1 FY2027, driven by price adjustments and improved customer mix, yet maintained a Negative outlook due to concerns over sustaining these margins amidst fluctuating raw material costs. The company's strong liquidity and debt-free standalone balance sheet provide comfort, while the ramp-up of its 51% subsidiary, Millenium Manufacturing Systems, remains a key monitorable for future growth.
- Updater Services Ltd
Updater Services Limited has announced that ICRA Limited has reaffirmed the credit ratings for its various bank facilities. The company's long-term fund-based facilities, totaling Rs 135 crore, have been reaffirmed at [ICRA] AA- (Stable). Additionally, the company's short-term fund-based and non-fund-based facilities, aggregating to Rs 79 crore, have been reaffirmed at [ICRA] A1+. The reaffirmation covers a total rated amount of Rs 214 crore, providing continuity to the existing credit profile. This disclosure was officially filed with the stock exchanges on September 29, 2026.
- CCME Global Ltd
CCME Global Ltd held its 34th Annual General Meeting on September 29, 2026, approving a series of transformative corporate actions. Key resolutions include a 1:10 stock split to improve share liquidity and affordability, and an increase in the company's authorized share capital from Rs 60 crore to Rs 200 crore. Additionally, shareholders sanctioned preferential equity issues to facilitate the acquisition of 45% stake in CCME UAE and 52% stake in Interlink Distribution LLC. The company also confirmed the shifting of its registered office from Andhra Pradesh to Maharashtra and appointed a new statutory auditor.
- Alphalogic Techsys Ltd
Alphalogic Industries Limited (AIL) has ceased to be a subsidiary and is now an associate company of Alphalogic Techsys Ltd, effective September 29, 2026. This reclassification follows the dilution of Alphalogic Techsys's holding from 51.18% to 49.57%, caused by AIL's allotment of 3,30,000 equity shares upon warrant conversion to public shareholders. The parent company did not sell any shares. AIL was a significant contributor in FY 2025-26, accounting for roughly 89% of Alphalogic Techsys's consolidated turnover and 27.21% of its consolidated net worth, marking a major change in financial reporting structure.
- CCME Global Ltd
CCME Global Limited held its 34th AGM on September 29, 2026, where shareholders approved several critical corporate actions. These include increasing the authorized share capital from Rs 60 crore to Rs 200 crore and executing a 1:10 equity share split, reducing the face value from Rs 10 to Rs 1. Shareholders also sanctioned substantial preferential allotments of equity shares to both promoters and non-promoters, facilitating the acquisition of a 45% stake in CCME UAE and a 52% stake in Interlink Distribution LLC. Additionally, the company formally approved shifting its registered office from Andhra Pradesh to Maharashtra.
- CCME Global Ltd
CCME Global Ltd concluded its 34th Annual General Meeting on September 29, 2026, approving several material resolutions to facilitate corporate growth. Shareholders sanctioned a 1:10 stock split (face value reduction from Rs 10 to Rs 1) and an increase in authorised share capital from Rs 60 crore to Rs 200 crore. The company approved significant preferential share allotments to raise funds for cash and to acquire 45% of CCME UAE and 52% of Interlink Distribution LLC. Additionally, the company is shifting its registered office from Andhra Pradesh to Mumbai, Maharashtra.
- Taylormade Renewables Ltd
Taylormade Renewables Limited released its FY 2025-26 Annual Report, announcing the re-appointment of Mr. Dharmendra Sharad Gor as Chairman & Managing Director. The company reported a significant decline in both standalone and consolidated revenue and profitability compared to the previous fiscal year. Statutory auditors issued qualified opinions, highlighting concerns regarding balance confirmations, inventory valuation, and documentation for Capital Work-in-Progress. The company also disclosed penalties paid for various regulatory and filing delays.
- Prestige Estates Projects Ltd
Prestige Estates Projects Ltd has executed definitive agreements with Canada Pension Plan Investment Board (CPPIB) for a strategic investment of up to INR 3,000 crore into its subsidiary, Prestige Hospitality Ventures Limited (PHVL). The investment will be executed in three tranches, granting CPPIB an aggregate stake of approximately 27% in PHVL. The deal includes a mix of secondary equity purchase and primary issuance of convertible preference shares. Subject to regulatory approvals including the Competition Commission of India, the transaction provides CPPIB with governance and exit rights, including a put option after five years.
- Prestige Estates Projects Ltd
Prestige Estates Projects Limited has announced a INR 30 billion (C$441 million) investment from the Canada Pension Plan Investment Board (CPP Investments) into its hospitality platform, Prestige Hospitality Ventures Limited (PHVL). Under the agreement, CPP Investments will acquire an approximately 27% stake in PHVL. The infusion of capital is primarily intended to support the continued expansion of the hospitality portfolio, which includes luxury and premium hotels across major Indian cities. This deal marks the first direct investment by CPP Investments in the Indian hospitality sector and represents a significant strategic partnership for the Prestige Group.
- Aurum PropTech Ltd
Aurum PropTech Ltd has completed the preferential allotment of 1,97,93,309 equity shares to REA India Pte. Limited at an issue price of Rs 231.421 per share. This issuance, valued at approximately Rs 458.06 crore, serves as non-cash consideration for the 100% acquisition of Locon Solutions Private Limited. Following this transaction, REA India's shareholding in Aurum PropTech has increased to 24.49%. The allotment follows necessary approvals from the board, shareholders, and stock exchanges. Shareholders should monitor the integration of the acquired entity and the impact of the equity dilution.



















































































