ICICI Securities Ltd, acting as the Manager to the Open Offer for IIFL Capital Services Ltd, has provided a status update on the acquisition. As of November 12, 2026, 45,39,686 equity shares have been tendered in the Escrow Demat Account, representing 4.53% of the total offer size of 10,01,44,112 shares. The manager clarified that these figures are subject to final validation and verification of documents. Shareholders should note that the final number of shares accepted by the acquirers, FIH Mauritius Investments Ltd and HWIC Asia Fund, may differ from this initial tender figure.

Maithan Alloys Ltd has announced the acquisition of 48,901 equity shares, representing a 0.04% stake, in ESDS Software Solution Limited through the stock exchange. The total cost of acquisition is Rs. 5.89 Crore. The company clarified that this investment is intended for long-term or short-term financial benefits and does not involve any intention to acquire management control. As of March 31, 2026, ESDS Software Solution Limited reported a turnover of Rs. 378 Crore and a profit after tax of Rs. 62 Crore.

ICICI Securities Ltd, the manager to the Open Offer for IIFL Capital Services Ltd, has provided an update on the progress of the offer. As of November 12, 2026, 45,35,712 equity shares, representing 4.53% of the total offer size, have been tendered by public shareholders into the designated escrow demat account. The manager clarified that these shares are subject to validation and verification of documentation as per the Letter of Offer dated October 28, 2026. Consequently, the final number of shares accepted by the acquirer may differ from the currently reported figure.

The Phoenix Mills Ltd has completed a selective equity capital reduction in its subsidiary, Island Star Mall Developers Private Limited (ISMDPL). Following NCLT approval, ISMDPL cancelled over 3.25 crore equity shares held by Canada Pension Plan Investment Board (CPP Investments) for a total consideration of Rs 1,350 crore. This action has increased The Phoenix Mills' shareholding in ISMDPL from 58.33% to 68.10%, consolidating its control. CPP Investments' stake in the entity has correspondingly decreased to 31.90%.

Kothari Industrial Corporation Limited (KICL) has announced that its associate company, Phoenix Kothari Footwear Private Limited (PKFPL), has filed Form PAS-3 with the Registrar of Companies. This regulatory filing confirms the allotment of 15 crore equity shares at ₹10 per share, amounting to ₹150 crore, which took place on 5 November 2026. KICL had previously disclosed its subscription to 4.5 crore shares in this issuance for an investment of ₹45 crore. This update marks the formal completion of the regulatory filing process regarding the share allotment.

eClerx Services Ltd has entered into a definitive agreement through its wholly-owned subsidiary, eClerx LLC, to acquire 100% of RegEdge LLC, a US-based risk and regulatory consulting firm. The deal, valued at up to USD 12 million (inclusive of upfront and performance-linked payments), is designed to deepen eClerx’s service offerings in financial services, specifically in trade reporting, surveillance, and financial crime compliance. The transaction is not a related-party deal and is expected to close within two weeks, subject to standard closing conditions.

Abans Financial Services reported the resignation of Chintan Natwarlal Mehta from his role as Whole-Time Director and CEO, effective November 11, 2026. Concurrently, the board appointed Mayank Mahesh Mundhra as an Additional Director (Whole-Time). The company also announced plans to incorporate a wholly-owned subsidiary in Hong Kong to facilitate expansion into international bullion and securities trading. These developments mark a significant shift in corporate leadership and geographical strategy for the financial services firm.

Action Construction Equipment (ACE) reported consolidated revenue of Rs. 886 crore for the quarter ended September 30, 2026, marking a 19% increase compared to the year-ago period. Profit after tax (PAT) rose 82% to Rs. 164 crore, bolstered by an exceptional gain of Rs. 50 crore from the slump sale of its Heavy Cranes business. The company maintained solid operating margins and reported stable liquidity. Investors should focus on the impact of the newly formed joint operation with Kato Works on future cash flows and segmental performance.

Prime Securities reported consolidated revenues of Rs. 34.84 crore (Rs. 3,484 lakh) for Q2 FY27, an 11.6% increase compared to Rs. 31.23 crore (Rs. 3,123 lakh) in Q2 FY26. For the quarter, the company recorded a consolidated loss attributable to owners of Rs. 2.04 crore (Rs. 204 lakh), compared to a profit of Rs. 13.81 crore (Rs. 1,381 lakh) in the same period last year. Management attributed the higher expenses to aggressive geographical and manpower expansion within the Trigen Wealth vertical, which now manages over Rs. 6,000 crore in AUM/AUA.

Prajay Engineers Syndicate Limited reported a consolidated net loss of Rs 3.21 crore (Rs 320.57 lakh) for the second quarter ended September 30, 2026, compared to a loss of Rs 6.47 crore (Rs 647.15 lakh) in the same period last year. Revenue from operations stood at Rs 5.55 crore (Rs 555.14 lakh). Management noted that recessionary tendencies in the realty sector are impacting customer realisations. The auditor's report highlights legal developments, including the resolution of investor disputes via mediation and ongoing arbitration regarding a subsidiary's lease agreement.

I-Power Solutions India Ltd reported a net loss of Rs 20.21 lakh for the quarter ended September 30, 2026, reversing a profit of Rs 24.17 lakh in the previous quarter. The company recorded no revenue from operations for the quarter, and total income was negatively impacted by changes in the value of investments. For the half-year ended September 30, 2026, the company posted a net profit of Rs 3.96 lakh, compared to a profit of Rs 13.94 lakh in the corresponding half-year of the previous fiscal. The company maintains a singular business focus on software development.

Shreenath Investment Company Limited reported its unaudited financial results for the quarter and half-year ended September 30, 2026. For the quarter, the company recorded a net loss of Rs 2.15 crore (Rs 214.70 lakh) on a total income of Rs 0.30 crore (Rs 29.90 lakh), compared to a profit in the preceding quarter. For the half-year period, the company reported a net loss of Rs 0.43 crore (Rs 42.55 lakh) on a total income of Rs 0.93 crore (Rs 92.91 lakh). The board-approved results carry an unmodified limited review report.

Deepak Builders & Engineers India Ltd reported standalone revenue from operations of Rs 98.06 crore for the quarter ended September 30, 2026, compared to Rs 45.05 crore in the year-ago period. Net profit for the quarter was Rs 7.17 crore versus Rs 4.98 crore in the previous year. For the half-year ended September 30, 2026, the company posted a net profit of Rs 10.05 crore. Additionally, the company confirmed that public issue proceeds of Rs 217.21 crore have been fully utilized with no deviations in fund usage.

Gulshan Polyols Limited reported its unaudited financial results for the quarter and half-year ended September 30, 2026. For the second quarter, the company recorded revenue from operations of Rs 614.96 crore and a net profit of Rs 38.89 crore, showing substantial growth compared to the same quarter last year (Rs 541.72 crore revenue and Rs 15.53 crore profit). The half-year results also reflected strong performance, with net profit rising to Rs 92.40 crore from Rs 28.70 crore in the previous year's comparable period. The board approved these results on November 12, 2026, with an unmodified auditor's report.

India Shelter Finance Corporation has announced its participation in upcoming investor conferences scheduled for November 25 and 26, 2026, in Mumbai. The company will attend the DAM Capital NBFC Conference 2026 and the Kotak Midcap Conference to interact with existing and prospective investors. Management will refer to the Investor Presentation filed with stock exchanges on November 5, 2026, and will limit discussions to publicly available information. The scheduled meeting dates remain subject to potential changes due to administrative exigencies.

Equitas Small Finance Bank Ltd has filed an intimation regarding the audio recording of its management update call held on November 12, 2026. The bank has provided the web link to the audio recording as part of its regulatory compliance disclosures. The transcript of this management update call is expected to be uploaded to the company's website within five working days.

IndusInd Bank Limited has disclosed a schedule for a physical group investor meeting to be held on November 19, 2026, in Chennai, organized by CLSA. The bank has indicated that the meeting schedule may be subject to change due to exigencies. The presentation to be used during this session is available on the bank's corporate website. This is a routine regulatory disclosure under SEBI LODR guidelines regarding investor relations.

Chambal Fertilisers and Chemicals Limited has informed the exchanges of its participation in the Avendus Spark INDX Annual Investor Conference scheduled for November 17, 2026, in Mumbai. The company will engage in group interactions during the event. Management confirmed that no Unpublished Price Sensitive Information (UPSI) will be discussed during these interactions.

The earnings webinar transcript details the Q2 FY2027 performance for both Bharti Airtel and its subsidiary, Bharti Hexacom. Bharti Airtel reported consolidated revenue of Rs 60,900 crore, with a 51.7% EBITDAaL margin. Bharti Hexacom posted revenue of over Rs 2,580 crore, growing 2.9% sequentially, with an EBITDAaL margin of 48.6%. Management highlighted strategies including fiber-focused home broadband expansion, data center development with a 1 GW capacity ambition, and AI-led operational efficiency. Recent pricing interventions caused temporary softness in customer continuity, with early signs of improvement expected in Q3.

Welspun Living Ltd has informed the stock exchanges that its officials will participate in the 'Indian Xchange 2026', an annual investor conference hosted by JM Financial, on November 16, 2026. This physical meeting will involve an investor group. The company confirmed that no Unpublished Price Sensitive Information (UPSI) will be discussed during the interaction. This filing is a standard compliance requirement under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding management engagement with the institutional investment community.

Gland Pharma reported a 23% year-on-year revenue growth to INR 18,336 million in Q2 FY2027, with profit after tax rising 58% to INR 2,908 million. Growth was driven by the CDMO business, which increased 31% to contribute 45% of total revenues, and strong US critical injectables sales. Management maintained a 15% revenue growth guidance for the full year. The company announced a new INR 1,000 crore brownfield expansion to address capacity constraints. While Cenexi reported an EBITDA loss of EUR 6 million due to planned shutdowns, management expects profitability to normalize from Q3.

Zee Entertainment Enterprises Ltd has received board approval for a buyback of up to 65,934,065 equity shares at a price of Rs 91 per share, aggregating to Rs 6,000 million (Rs 600 crore). The buyback will be executed via the tender offer route. Promoters and the Promoter Group will not participate in the buyback. The company has fixed November 25, 2026, as the record date to determine eligible shareholders. This capital allocation decision aims to reward shareholders and reinforce confidence in the company's financial strength and strategic roadmap.

Advanced Enzyme Technologies Limited has announced the formal extinguishment of 6,97,582 equity shares of face value ₹2 each. These shares were bought back from the open market during October 2026 under the company's ongoing buyback program. Following this action, the company's post-extinguishment paid-up share capital has been reduced to 10,95,65,244 shares, totaling ₹21.91 crore. The process has been verified by the company's secretarial auditors, confirming compliance with SEBI regulations. This update is a routine procedural step in the share buyback plan and is relevant to existing shareholders monitoring changes in capital structure.

Man Infraconstruction Ltd has completed the extinguishment of 34,92,000 equity shares, which were bought back from the open market between October 1, 2026, and October 31, 2026. This administrative corporate action results in a reduction of the company's issued and paid-up equity share capital to 39,32,49,505 shares from the pre-buyback count of 40,36,66,505 shares. The process adheres to SEBI Buyback Regulations and includes confirmation from the depository.

The Great Eastern Shipping Company Ltd has completed the extinguishment of 1,989,553 equity shares (face value Rs 10 each) acquired through open market buybacks during October 2026. Following this corporate action, the company's paid-up share capital has been reduced to 13,89,18,667 shares from 14,09,08,220 shares. This disclosure serves as a procedural compliance filing under the SEBI Buy-Back Regulations, confirming the reduction in equity share capital.

Jyothy Labs Ltd announced the board's approval for a buyback of up to 68.37 lakh equity shares at Rs 215 per share, totaling approximately Rs 147 crore. The record date for the buyback is November 11, 2026, and promoters have stated they will not participate. Simultaneously, the company reported its unaudited financial results for the quarter ended September 30, 2026, posting revenue from operations of Rs 760.04 crore and a net profit of Rs 10.60 crore, compared to a net profit of Rs 87.76 crore in the same quarter last year.

Transport Corporation of India Ltd has formally concluded its buyback program by extinguishing 1,562,500 equity shares. The buyback was executed through the tender offer route at a price of INR 960 per share, for an aggregate amount not exceeding INR 150 crore. Following this process, the company's issued share capital has been reduced from 76,831,142 shares to 75,268,642 shares. This development marks the final procedural step of the buyback, ensuring compliance with SEBI regulations.

Medi Assist Healthcare Services Ltd has announced a board-approved buyback of up to 11,59,199 equity shares via the tender offer route. The buyback is priced at Rs 425 per share, with a maximum aggregate size of approximately Rs 49.27 crore. The record date for determining shareholder eligibility is fixed as November 20, 2026. Promoters have stated they will not participate in the buyback. This corporate action represents approximately 1.55% of the company's total paid-up equity share capital.

Jindal Photo Ltd has announced the successful completion of its voluntary delisting offer. The company's Manager to the Offer, Saffron Capital Advisors, confirmed that the post-offer shareholding of the Acquirers, their persons acting in concert (PAC), and the Promoter Group has exceeded the 90% threshold of the total issued equity shares (excluding inactive shareholders). This follows the conclusion of the reverse book building process conducted between November 2, 2026, and November 6, 2026. Consequently, the company is now set to proceed with the formal delisting of its equity shares from the BSE and the National Stock Exchange.

Jindal Photo Ltd's voluntary delisting offer has concluded with a Discovered Price of Rs 1,161 per share. The process is deemed successful as the promoter and promoter group shareholding reached 92.10% of the remaining shares, surpassing the mandatory 90% regulatory threshold. The Reverse Book Building Process attracted 16.81 lakh shares via 320 successful bids. The final outcome remains subject to the acceptance of the Discovered Price by the Acquirers and PAC. A mandatory post-offer public announcement will follow, confirming the final decision and detailing payment procedures for successful bidders.

Jindal Photo Ltd has announced a voluntary delisting offer to be executed via a reverse book-building process. Promoters, including Concatenate Power Advest Pvt Ltd and Concatenate Advest Advisory Pvt Ltd, along with Jindal India Power Ltd as PAC, intend to acquire 26.46 lakh equity shares representing 25.80% of total paid-up capital from public shareholders. The floor price is set at Rs 1,119.50 per share, with an indicative price of Rs 1,120. Bidding opens on November 02, 2026, and closes on November 06, 2026.

Jindal Photo Ltd's promoters and Person Acting in Concert (PAC) have issued a Detailed Public Announcement to voluntarily delist the company from BSE and NSE. Acquirer 1 (Concatenate Power Advest Pvt Ltd), Acquirer 2 (Concatenate Advest Advisory Pvt Ltd), and PAC (Jindal India Power Ltd) intend to acquire all equity shares held by public shareholders. Saffron Capital Advisors Pvt Ltd is acting as the Manager to the Delisting Offer. This procedural step follows the SEBI (Delisting of Equity Shares) Regulations, 2021, marking the formal commencement of the delisting process for the company.

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 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 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.

Praxis Home Retail Ltd has announced the record date for its upcoming rights issue as November 18, 2026. The company will offer 10,32,29,005 equity shares at a price of Rs 5 per share, aiming to raise approximately Rs 51.61 crore. The rights entitlement ratio is fixed at 5 shares for every 9 fully paid-up equity shares held. The issue window opens on November 27, 2026, and closes on December 4, 2026. Shareholders are required to pay the full amount upon application.

TD Power Systems Ltd has announced Wednesday, November 18, 2026, as the record date for its upcoming interim dividend for the financial year ending March 31, 2027. This procedural filing establishes the cutoff date for determining the shareholders eligible to receive the payout. Existing investors should note this date for eligibility purposes, as it is a standard administrative step in the dividend distribution process.

TD Power Systems declared an interim dividend of Rs 0.65 per equity share for FY27, with a record date of November 18, 2026. The company reported robust Q2 FY27 performance, with standalone net sales at Rs 823.13 crore, up significantly from Rs 395.58 crore in the year-ago quarter. Profit After Tax rose to Rs 121.31 crore from Rs 50.78 crore. Additionally, the company disclosed the successful completion of a Rs 600 crore QIP and a Rs 75 crore preferential allotment to promoters. Management also acknowledged the ongoing monitoring of an Indian subsidiary's going concern status.

Prevest Denpro Ltd has officially designated Friday, November 20, 2026, as the record date for determining shareholder eligibility for the interim dividend concerning the half-year period ended September 30, 2026. This filing fulfills the company's regulatory obligations under SEBI listing requirements. Existing shareholders should note this date to ensure their holdings are recorded appropriately for the dividend payment.

Prevest Denpro Ltd has officially notified the BSE that the Board of Directors has fixed Friday, November 20, 2026, as the record date for determining the eligibility of shareholders for the interim dividend. This dividend relates to the half-year period ended September 30, 2026. The announcement is a routine procedural filing required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders should note this date for tracking dividend eligibility.

Manappuram Finance Limited announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board approved an interim dividend of Rs. 1 per equity share of Rs. 2 face value, with November 18, 2026, set as the record date. For the half-year period, the company reported a consolidated net profit attributable to owners of Rs. 1,285.57 crore, reflecting growth over the previous year's comparable period. Joint statutory auditors provided an unmodified limited review report.

Manappuram Finance Ltd declared an interim dividend of Rs. 1 per equity share (50% of face value) for FY 2026-27, with the record date set for November 18, 2026. Simultaneously, the company reported its unaudited financial results for the quarter ended September 30, 2026. On a consolidated basis, the company recorded a net profit attributable to owners of Rs. 700.99 crore, significantly higher than Rs. 219.88 crore in the corresponding period last year, alongside total revenue from operations of Rs. 3,361.55 crore.

Nippon Life India Asset Management Ltd has allotted 102,713 equity shares of face value Rs. 10 each, pursuant to the exercise of employee stock options and performance-linked units. The allotment, approved by the company's committee on November 12, 2026, involves shares issued under three specific employee schemes. Following this issuance, the company's total paid-up equity share capital has increased to 640,144,695 shares. These newly issued shares will rank pari passu with the existing equity shares of the company.

Tata Motors Passenger Vehicles Limited has approved the allotment of 52,771 equity shares with a face value of ₹2 each to eligible employees. This issuance follows the exercise of an equivalent number of Performance Share Units under the company’s 2021 Share-based Long Term Incentive Scheme. Consequently, the company’s paid-up equity share capital has increased from ₹7,36,64,61,785 to ₹7,36,65,67,327. The newly allotted shares rank pari passu with the existing equity shares of the company.

HDFC Life Insurance Company Limited announced the allotment of 1,25,977 equity shares, each with a face value of ₹10, following the exercise of stock options by eligible employees under its various Employee Stock Option Schemes. The allotment was approved by the Stakeholders’ Relationship Committee of the Board of Directors on November 12, 2026. This routine corporate action increases the company’s total paid-up equity share capital to approximately ₹2,172.71 crore, comprising 2,17,27,14,958 equity shares. This development reflects the standard execution of employee compensation programs.

Gamco Ltd has allotted 40,91,960 equity shares to 41 allottees on a preferential basis at an issue price of Rs 50 per share (including a premium of Rs 48). This issuance, which raised Rs 20.46 crore (Rs 20,45,98,000), was executed following shareholder approval from September 16, 2026, and in-principal approval from the BSE dated October 30, 2026. Following this allotment, the company's paid-up equity share capital has increased to Rs 11.62 crore (Rs 11,62,46,920), divided into 5,81,23,460 equity shares of Rs 2 each.

Alan Scott Enterprises Ltd has concluded the call money payment period for its rights issue. The Rights Issue Committee has approved the conversion of 9,34,157 partly paid-up equity shares into fully paid-up shares, following the receipt of Rs 3.27 crore (Rs 326.95 lakh) in call money. The company will now seek listing and trading approval for the converted shares. Additionally, the company will issue a forfeiture-cum-final demand notice to holders of the remaining 18,774 partly paid-up shares, which have Rs 6.57 lakh in outstanding dues.

Poonawalla Fincorp has completed the allotment of 50,000 secured, rated, listed non-convertible debentures (NCDs) amounting to Rs 500.005 crore. The NCDs (PFL NCD Series H1 FY 2026-27) carry a 9.15% annual coupon and have a 5-year tenure, maturing on November 12, 2031. The issuance, approved by the Finance Committee, is secured by a first-ranking pari passu charge on hypothecated properties. These debentures will be listed on the Debt Market Segment of the BSE. The company maintains an additional 2% interest penalty clause for payment delays.

Aadhar Housing Finance Limited has allotted 4,47,382 equity shares of Rs 10 each following the exercise of employee stock options under the 'Employee Stock Option Plan 2020'. This allotment increases the company's total paid-up equity share capital to Rs 438.84 crore, consisting of 43,88,40,539 fully paid-up shares. The newly allotted shares rank pari passu with existing shares. This event represents a standard corporate action related to employee compensation and is expected to have a marginal dilutive impact on existing equity.

M/s B S R and Co has resigned as the statutory auditor of Prabal Motors Private Limited, a material subsidiary of Popular Vehicles and Services Ltd, effective 11 November 2026. The resignation aims to align the subsidiary's auditors with the ultimate holding company's auditors to comply with mandatory audit rotation requirements under the Companies Act, 2013. The outgoing auditor confirmed that all statutory audits through 31 March 2026 and the limited review for the quarter ended 30 September 2026 have been completed. The firm explicitly stated that no concerns were raised regarding the company's management.

Rose Merc Ltd has announced the resignation of Mr. Vivek Shankar Parulkar as an Executive Director of the company, effective November 12, 2026. In his resignation letter, Mr. Parulkar stated his decision was based on personal reasons, noting that his tenure on the board was prompted by a personal friendship with the late Mr. Purvesh Shelatkar. He expressed that, given his professional background as an ex-airline pilot without formal business or financial expertise, it is appropriate for him to step down. The company confirmed this change via a regulatory filing, classifying it as a routine governance matter.

Siddha Ventures Ltd has accepted the resignation of Independent Director Mrs. Sushma Saraf, effective from the close of business hours on October 29, 2026. The company stated the departure is due to personal reasons and other professional commitments. Mrs. Saraf has confirmed that there are no other material reasons for her resignation, and the company has confirmed she holds no directorships in other listed entities. This disclosure follows standard corporate governance requirements under SEBI (LODR) Regulations.

Rose Merc Ltd has announced the resignation of Mr. Vivek Shankar Parulkar from the position of Executive Director, effective November 12, 2026. Mr. Parulkar cited personal reasons for his departure, noting that his initial appointment was motivated by a personal friendship with the late Mr. Purvesh Shelatkar. Following Mr. Shelatkar's demise, Mr. Parulkar stated he believes it is appropriate to step down due to a lack of formal business or financial expertise.

Jumbo Bag Ltd has announced the appointment of M/s. BH & Associates as the Internal Auditors for the Financial Year 2026-27, as approved by the Board on 12th November 2026. The company also noted that unaudited financial results for the quarter and half-year ended 30th September 2026, approved in the same meeting, were already communicated to the exchange.

In a board meeting held on 12th November, 2026, IGL Spirits Ltd formally designated five individuals as Senior Management Personnel, effective immediately. These designations, recommended by the Nomination and Remuneration Committee, cover key operational roles in liquor business, distillery management, logistics, and IMFL operations. The filing provides brief professional profiles for the appointees, noting their extensive experience in the industry and prior associations with the India Glycols Group.

Popular Vehicles and Services Ltd announced that its material subsidiary, Prabal Motors Private Limited (PMPL), has accepted the resignation of its statutory auditors, B S R and Co, effective 11 November 2026. The resignation is attributed to a management decision to align the subsidiary's auditors with those of the ultimate holding company, in compliance with mandatory rotation requirements under the Companies Act, 2013. The company confirmed that the auditors raised no concerns, and the auditors completed the limited review for the quarter ended 30 September 2026 prior to their resignation.

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 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 Limited disclosed a petition filed by IFCI Limited under the Insolvency and Bankruptcy Code, 2016.

Reliance Power disclosed US Exim filed application alleging debt default by subsidiary SPL (US$165.41 mn), which company will contest.

Educomp Solutions NCLT order (Mar 13, 2026) flags failed resolution plan. SRA faces consequences as fresh process begins.

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/-.

NCLT admits Tata Capital Housing Finance's insolvency plea against Dharan Infra-EPC, initiating Corporate Insolvency Resolution Process.

At its board meeting held on November 03, 2026, Punj Lloyd Ltd approved and took on record the standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2026, subject to limited review by the statutory auditors. The Board also approved the relocation of the company's registered office to a new location in New Delhi. Additionally, Ms. Bhavisha Kakwani was appointed as the new Company Secretary and Compliance Officer, designated as Key Management Personnel, effective November 03, 2026.

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 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 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, 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 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 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.

United Foodbrands Limited announced that ICRA Limited has reaffirmed its credit ratings for the company's credit facilities. Notably, the outlook for the long-term (fund based) term loans has been revised to Stable from Negative. The rating for these long-term facilities remains [ICRA] A. Additionally, the [ICRA] A2+ rating for short-term fund-based working capital and non-fund-based letter of credit facilities has been reaffirmed. The total rated amount has increased to Rs 110.50 crore from Rs 95.50 crore.

Bhagyanagar India Ltd has informed the exchanges that its demerged entity, Tieramet Limited, has received a long-term credit rating of [ICRA]A- with a Stable outlook from ICRA Limited. The rating pertains to total fund-based bank facilities of Rs 654 crore. The company clarified that Tieramet Limited's shares are currently in the process of being listed on the stock exchanges. This disclosure follows the recent composite scheme of arrangement involving the two entities.

Shristi Infrastructure Development Corporation Limited has informed the exchanges that Brickwork Ratings India Private Limited has reviewed and assigned a credit rating of 'BWR C' to the company's Secured Redeemable Non-Convertible Debenture issuance. The total value of the rated instrument is Rs 145 crore. This disclosure was made pursuant to Regulation 30, 51, and 55 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Hindustan Aeronautics Ltd (HAL) has received a withdrawal of credit ratings from ICRA for its existing bank facilities at the company's request, supported by No Objection Certificates from its bankers. The facilities include Rs 4,000 crore in long-term fund-based limits and Rs 2,050 crore in short-term non-fund-based limits, previously rated [ICRA] AAA (Stable) and [ICRA] A1+ respectively. ICRA clarified that this withdrawal is a procedural move and does not reflect any change in the company's credit risk profile since the last review. The action carries no implication of credit deterioration.

NIS Management Ltd has received credit rating upgrades from ICRA Limited for its various bank facilities, as communicated on November 10, 2026. The upgrades span both long-term and short-term facilities, covering a total sanctioned amount of Rs 100.47 crore. The long-term rating for cash credit facilities was raised to ICRA A- (Stable) from ICRA BBB+ (Positive), while short-term instruments were upgraded to ICRA A2+ from ICRA A2. This development reflects an improvement in the rating agency's assessment of the company's credit profile and debt servicing capability.

Aye Finance Limited announced an upgrade in its credit rating from [ICRA]A (Stable) to [ICRA]A+ (Stable) by ICRA Limited for total credit facilities of Rs. 1,050 crore, including bank loan facilities of Rs. 650 crore and non-convertible debentures of Rs. 400 crore. The upgrade is driven by strengthened capitalisation following an IPO, geographically diversified operations, improved earnings profile, and asset quality indicators. ICRA maintains a stable outlook, noting the company's well-capitalized position to meet future growth plans while continuing to monitor asset quality and potential income shocks for its micro-business borrower segment.

Adani Power Limited has received a credit rating upgrade from ICRA Limited, with its long-term ratings raised to [ICRA] AA+ (Stable) from [ICRA] AA (Stable). The short-term ratings have been reaffirmed at [ICRA] A1+. The rating action covers total facilities of Rs 90,500 crore. According to the company, the upgrade reflects sustained operational robustness, financial strength, and expected capacity additions from ongoing projects. The ratings also factor in an increase in capacity tie-ups under long-term and medium-term Power Purchase Agreements.

Sheetal Cool Products Ltd has announced a significant capital restructuring plan, approved by its board on November 12, 2026. The company plans to split its equity shares from a Rs 10 face value to Rs 5 and issue bonus equity shares in a 5:1 ratio. Additionally, the board approved an increase in authorized share capital and adjusted the terms of outstanding convertible warrants to reflect these corporate actions. These proposals are subject to shareholder approval via postal ballot, with a target completion date of January 11, 2027.

Gulshan Polyols Limited reported its unaudited financial results for the quarter and half-year ended September 30, 2026. For the second quarter, the company achieved a net profit of Rs 38.89 crore on revenue of Rs 614.96 crore, compared to a net profit of Rs 15.53 crore and revenue of Rs 541.72 crore in the corresponding period of the previous year. For the half-year, net profit grew to Rs 92.40 crore from Rs 28.70 crore. The statutory auditors issued an unmodified opinion on these financial results.

Meyer Apparel reported a net loss of Rs 0.26 crore (Rs 26.00 lakh) for the quarter ended September 30, 2026, and a loss of Rs 0.96 crore (Rs 96.45 lakh) for the half-year. The statutory auditor has highlighted a material uncertainty regarding the company's ability to continue as a going concern, noting a fully eroded net worth and current liabilities significantly exceeding current assets. Management remains confident in generating sufficient cash flows to continue operations.

Indian Railway Catering and Tourism Corporation Ltd (IRCTC) reported its unaudited financial results for the quarter and half-year ended September 30, 2026. The company posted a consolidated quarterly net profit of Rs 263.56 crore on total income of Rs 1,413.65 crore. Financial results were impacted by a Rs 116.30 crore exceptional provision following a GSTAT judgment regarding alleged profiteering. Additionally, the company disclosed it has not met the requisite number of Independent Directors on its Board since April 15, 2026, leading to non-compliance with SEBI Listing Regulations.

Subam Papers Limited announced its unaudited financial results for the half year ended September 30, 2026, reporting a consolidated net loss of Rs 20.17 crore (Rs 2,017.24 lakh). The results were significantly impacted by an exceptional inventory loss of Rs 29.58 crore (Rs 2,957.59 lakh) due to a fire. The company stated this inventory is covered by insurance, with the claim currently under process. The Board also proposed changing the company's name to Subam Recycling and Packaging Limited, subject to shareholder and regulatory approvals.

LEEL Electricals Limited reported a standalone net profit of Rs 1.78 crore (Rs 177.98 lakh) for the half-year ended September 30, 2026, compared to Rs 0.51 crore (Rs 50.58 lakh) in the corresponding period of the previous year. Revenue from operations for the period was Rs 19.97 crore (Rs 1,997.04 lakh). The Statutory Auditor issued a qualified limited review report, citing the ongoing liquidation proceedings and the company's sale as a going concern to Krishna Ventures Limited. The acquirer has initiated the takeover process.

Dilip Buildcon reported a 17% YoY increase in Q2FY27 consolidated revenue to ₹2,250 crore, with consolidated EBITDA margins expanding to 19.5%. The company’s order book reached a record ₹33,081 crore, up 19% from June 2026. A key development includes definitive agreements with Alpha Alternatives to co-invest in transmission and solar assets, unlocking ₹1,917 crore in value. Management reaffirmed its standalone net debt-free target for FY28 and emphasized successful diversification into mining, energy, and transmission sectors.