Marwadi Shares and Finance Limited (SEBI Registration No: INH000002186) 📢

BASF India – Completed divestiture of its entire 100% stake in BASF India Coatings Pvt Ltd for Rs. 230.16 crore; subsidiary ceased to be a wholly owned subsidiary effective June 30, 2026. Polyplex Corporation – Board approved not participating in the tender offer for shares of Polyplex (Thailand) PCL (PTL) announced by AGPH (Thailand) Ltd.; the company will retain its 51% stake (direct/indirect) in PTL and not tender its shares. ADF Foods – Wholly-owned US subsidiary ADF Holdings received a tariff refund of US$2.1 million (Rs. 19.97 crore) from U.S. Customs and Border Protection, following US Supreme Court directives for refund of excess tariffs collected from importers. PNC Infratech – Subsidiary Kanpur Lucknow Expressway Pvt Ltd's long-term bank facility rating upgraded by CARE Ratings to ‘CARE AA-; Positive' from ‘CARE A; Stable' on facilities of Rs. 119.75 crore. Ganesha Ecosphere – Independent Director Narayanan Subramaniam resigned from the Board due to personal reasons, effective close of business hours on June 30, 2026; Arihant Capital Markets - Received BSE ‘No Adverse Observations' and NSE ‘No Objection' for the proposed composite scheme of arrangement, allowing the company to proceed with filing the scheme before NCLT Info Edge – Wholly-owned subsidiary SIHL completed the transfer of its entire 26.14% stake in ShopKirana to Trustroot Internet Pvt Ltd (TIPL) and made an additional primary investment of USD 1.72 million in TIPL; consequently, ShopKirana has ceased to be an associate company of SIHL. NLC India – Wholly-owned subsidiary NLC India Renewables Ltd  received a Letter of Award for setting up 600 MW (2×300 MW) solar power projects at Jalaun Solar Park, Uttar Pradesh, through tariff-based competitive bidding. Advent Hotels International – Approved acquisition of 100% of the 10.95 lakh preference shares of subsidiary BD & P Hotels (India) Pvt Ltd for approximately Rs. 10.95 crore, increasing its preference shareholding in the subsidiary to 100%. Netweb Technologies – Board approved fund raising of up to Rs. 1,200 crore through issuance of securities. Allcargo Terminals – Executed a Shareholders' Agreement to acquire a 25% stake in Allcargo Group Services Pvt Ltd; upon completion of legal formalities, Allcargo Group Services will become an associate company of the company. DOMS Industries – Completed acquisition of the Reynolds brand writing instruments and school supplies business assets for US$ 3.7 million (excluding inventory value); transaction closed on July 1, 2026. Zee Entertainment (ZEEL) – Board approved issuance of 24.95 crore warrants to promoter group entity Sunbright Mauritius Investments at Rs. 126 per warrant, raising up to Rs. 3,143.5 crore on a preferential basis. HFCL – CARE Ratings upgraded the company's long-term credit rating to ‘CARE A; Positive' from ‘CARE A-; Stable' and short-term rating to ‘CARE A1' from ‘CARE A2+', reflecting improved credit profile and creditworthiness. Suryoday Small Finance Bank – Received Rs. 387.45 crore claim amount from NCGTC under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme, against interim claims raised by the bank; receipt is in the ordinary course of business https://bit.ly/2RK2tzc

Zaggle Prepaid Ocean Services: Company has been empanelled by Canara Bank through Expression of Interest (EOI) for empanelment of Fintech Companies. Garware Hi-Tech Films: ICRA appointed stable rating for long term ( fund based) and short term ( Non Fund Based) facilities. Aeroflex Industries: Company has further enhanced the production capacity of its liquid cooling SFN skid assemblies from 6,000 pieces per annum to 9,000 pieces per annum. Havells: CARE Reaffirmed ratings are not recommendations to sanction, renew, disburse or recall the concerned bank facilities. Pidilite Industries: Subsidiary of the company  has completed the transfer of its entire shareholding in Buildnext Construction Solutions,  pursuant to the Share Swap Agreement entered into between PVPL, JSW One, Buildnext and others. Syngene International: announced that Siddharth Mittal has assumed the role of Managing Director and Chief Executive Officer of the Company. Prestige Estates Projects: Company is issuing Corporate Guarantee towards loan availed by  subsidiary of the Company, loan amount of Rs 450 crore. Coal India: Receiving of order for setting up of 600 MW of Plant at Jalaun Solar Park UP, estimated cost of Rs. 2831.11 crore, Time period of 18 months from signing PPA. Bharat Petroleum: BPRL Ventures arm of the company as per earlier intimidation  has now executed definitive agreements for the acquisition of the entire shareholding of Videocon Energy Brazil in IBV Brazil Petroleo Limitada. Aster DM Healthcare: Scheme of Amalgamation between Quality Care India  and Aster DM Healthcare Limited and their respective Shareholders and Creditors.Board appointed Varun Khanna MD & Group CEO from 1 Jul 2026; Sai Silks (Kalamandir): Company achieved a turnover of Rs. 375 crores during Q1 FY 2026-27, against Rs. 379 Crores in Q1 FY 2025-26, continued its expansion strategy by adding approximately 30,000 sq. ft. of retail space. Tata Technologies: Tenneco LLC and Tata Technologies signs agreement for partnership for Mobility Transformation  $100 Million Strategic Engagement. Lupin: Earlier intimations dated April 01, 2026 and May 29, 2026 by company for acquisition and buyback transactions, shareholding of Nanomi in subsidiary of the company  has increased from 56.28% to 99.89% Goldiam International: Shareholder  approval  for issue of bonus equity shares in the ratio of 1:3, to be executed on 10th July 2026. L& T Finance: Company has allotted 380 non-convertible debentures of the face value of Rs. 1 cr, on a private placement basis, for cash for an aggregate nominal value of Rs. 380 cr. Alembic Pharmaceuticals: Crisil has reaffirmed its Credit Rating on Bank Loan Facilities and Commercial Paper to be stable. Paramount Communications Ltd - Approved the Allotment of 2.19cr Equity Shares and 72lk unlisted convertible warrants on preferential basis to non-promoter persons/ entities and Promoters. Hero Motocorp: Hero MotoCorp announces Rs 3,200+ crore Andhra Pradesh investment, including Rs 750 crore Tirupati Global Parts Centre, 4,000 jobs. Arvind SmartSpaces: Mr. Bhasker Jain has been appointed as Chief Business Officer Aster DM Quality Care – Appointed Varun Khanna as MD & Group CEO Endurance Technologies – Subsidiary Endurance Overseas SpA increased stake in Germany-based Stoferle GmbH and Stoferle Automotive GmbH to 68% from 60% through acquisition of an additional 8% stake. Zee Entertainment– Denied media reports regarding Rs. 418 crore FDI investment by OFI Global China Fund LLC, stating it is unaware of the basis of the news report and that no such investment was made during the referenced period. Brainbees Solutions – Approved participation in Swara Baby Products' proposed IPO through an Offer for Sale of shares worth up to Rs. 300 crore; Swara Baby will continue to remain a subsidiary post IPO. Shree Cement – CARE Ratings assigned ‘CARE AAA; Stable' issuer rating to the company.

You , Now Stocks in News Alkem Labs - Received favourable Income Tax appellate orders for AY2018-19 to AY2022-23, deleting disallowances involving tax amount of Rs. 660.77 crore. Optiemus Infracom - OEL MD Gururaj Ayekawadi resigned June 30, 2026; Neetesh Gupta appointed MD from July 1, 2026. Goodyear India - Goodyear India launched Ultra Grip tractor tire on July 1, 2026. SEPC - Board meets July 6, 2026 to consider preferential issue fund raising. Route Mobile - Masivian S.A.S. CEO Erwin Viertel resigned effective June 30, 2026. Devyani International – Completed additional investment in Restaurants Development Co. (Thailand); conversion of THB 400 million loan into equity in Devyani International DMCC approved, increasing stake to ~56.7% L&T - L&T extends stake disposal completion in L&T Metro Rail (Hyderabad) to September 30, 2026. TVS Supply Chain Solutions  -Vikas Chadha assumed charge as Managing Director from July 1, 2026, for five years. EMBASSY   DEVELOPMENTS - Board committee meeting scheduled on July 6, 2026 to consider fund raising through issuance of NCDs in one or more tranches Mobavenue AI Tech – Through its wholly-owned subsidiary Mobavenue Global Holdings Ltd, incorporated MAITL Asia Pte. Ltd. in Singapore on June 30, 2026, making it a step-down subsidiary of the company. JSW Infrastructure: Co. completes Rs 7,503 Crore QIP. Satin Creditcare Network: Infomerics Valuation and Rating  has reassigned  stable outlook rating for the Company's proposed Non-Convertible Debentures of Rs 750 Crore. IOL Chemicals and Pharmaceuticals: CARE Ratings has reaffirmed the Credit Rating for the banking facilities availed by the Company, for Rs 200 crore long term, and Rs 500 crore short term. Bharti Airtel: Airtel Money, arm of the company has commenced its commercial operations as a Type II Non-Deposit accepting Non-Banking Financial Company. Central Depository Services (India): Sahamati foundation has allotted 10 lk equity shares of Rs. 10 each to company amounting to Rs. 1 crore. Adani Energy: Board of Directors approved raising of funds by way of issuance of equity shares having face value of Rs10 each of the Company for an aggregate amount not exceeding Rs 10,000 crore. Amagi Media Labs: Amagi Releases June 2026 AIRTIME Report: FAST Viewing Hours Grow 55% YoY as Metadata Friction Escalates Latent View:  Delay in acquiring remaining 20% of Decision Point Borosil: Commences manufacturing unit for vacuum insulated stainless-steel flasks, bottles and containers in the state of Rajasthan through the Company's arm Stylenest India. TCI: CARE assigns A1 rating for company commercial paper Bosch: Bosch Chassis Systems India has become Wholly owned subsidiary of the company. SAI Parenterals: Company's arm  Noumed Pharmaceuticals had entered OTC medicines Supply Agreement with Australia's leading pharmacy network, value of  Australian Dollars 202 Millions (Rs 1300 crores) for period of 7.5 years. Ola Electric: Announced that it registered 43,719 vehicles in Q1 FY27, nearly doubling from 22,252 vehicles in Q4 FY26, according to VAHAN data. Lupin: Company received EMA approval to expand NaMuscla's, adding new pediatric dosage strengths extend  its use to children, adolescents, and adults with non-dystrophic myotonic disorders.Lupin Receives EIR from U.S. FDA for its Somerset Facility with VAI Classification Coal India: Company announces SWMA E-auction for coal and coal products, Company allocates 41% of 266.23 lakh tonnes  quantity offered. Jana Small Finance Bank:  India Ratings placed bank's NCDs and fixed deposits on Rating Watch with Negative Implications due to debt rescheduling by promoter entities JHL and JCL. Baazar Style Retail: Co has closed the operation of stores of Style Baazar at Patna (Bihar), Dhubri (Assam), Jaunpur and Hata (Uttar Pradesh). Studds Accessories: Appointment of Mr. Bharat Goyal, as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company.

Samvardhana Motherson International: MSSL Global RSA Module Engineering, acquired a 49% stake in Vacuform 2000 Proprietary, acquisition delayed to second quarter of financial year 2026-2027. Balrampur Chini Mills: Trading Approval for 93.16 lk Equity Shares having face value of Re. 1 each allotted to Promoter and Non Promoter on a Preferential Basis. Central Mine Planning & Design Institute: Company signed a three-year MoU with NTPC Mining Ltd to strengthen collaboration and secure additional coal mining and allied assignments on a nomination basis, with no direct financial commitment involved Kirloskar Oil Engines: Company has made payment of consideration of AED 3.2 million (INR 8.28 Crore) to Kirloskar International ME FZE, UAE. Axis Bank: Company  has successfully allotted USD 500,000,000 dollars  6.875% Additional Tier 1 Notes and USD 300,000,000 dollars  5.348% Senior Notes, in each case under its USD 5,000,000,000 dollars Global Medium Term Note Programme. DCM Shriram: Company had approved entering into a definitive agreement to acquire 100% equity share capital of four companies engaged in producing and selling industrial salt. Race Eco Chain: Company has divested 2,10,000 equity shares aggregating to 0.99% of Prime Industries. Zydus Wellness: Zydus Wellness International DMCC, UAE, subsidiary of the Company has incorporated subsidiary in the name of Zydus Wellness General Trading DWC-LLC  in Dubai. Rane ( Madras): Company entered into an agreement with Hindustan Composites Limited (HCL) to acquire the Friction Business for enterprise value of Rs  370 Crore Bank of Maharashtra: Company to consider raising of Equity Capital aggregate upto Rs.7,500 crore through various modes. RHI Magnesita India:  Announces Leadership Transition, appointment of Pankaj Malhan as the Managing Director and Chief Executive Officer of the Company. Railtel Corporation Of India: Received order from  Mahanadi Coalfields for establishment of MPLS VPN Network for MCL on a Rental Basis for a Period of 60 Months, size of Rs  107.60 cr. Senco Gold and Diamond: Investment in the equity share capital of August Jewellery to be delayed till 30th September 2026. CESC: Company has incorporated a Wholly Owned Subsidiary Company named Novarion Power. Newgen Software Technologies: The Company  has received and accepted Letter of Award for Retail Loan Origination Solution. The aggregate value of the aforesaid Award is USD 1,710,000. Muthoot Microfin: Issue of Non-Convertible Debentures aggregating up to Rs. 3000 cr  by way of private placement and Rs. 1000 cr  through Public Issue during the Financial Year 2026-27. Punjab National Bank – Revised MCLR rates upward by 5 bps across all tenors effective July 1, 2026. NLC India – CMD Prasanna Kumar Motupalli retired on superannuation on June 30, 2026; Additional Secretary, Ministry of Coal, Sanoj Kumar Jha, given additional charge as CMD for 3 months or until a regular appointment is made. ZF Commercial Vehicle Control Systems India – CFO Sweta Agarwal resigned. Dalmia Bharat – Shareholders approved special resolution for fundraising through issuance of securities Arvind Ltd. - Board To Meet on July 3 To Consider raising Funds Equitas Small Finance Bank - Mr. Mukund Shyamrao Barsagade has been appointed as the Chief Financial Officer Morepen Labs - Promotes Sanjay Suri to Managing Director TANFAC Industries - Board To Meet On July 6 To Mull Fundraise Via Equity Jubilant Pharmova - Co. confirms getting a Rs. 53.4 Cr Rectification Order From Noida Authority For AY19-20 https://bit.ly/2RK2tzc

JK Paper – Commissioned and commenced commercial production at its Hardwood Bleach Chemical Thermo-Mechanical Pulp plant on June 30, 2026, enhancing pulp manufacturing capacity. Shanti Gold International: Company has proposed a Rights Issue of fully paid-up Equity Shares of face value of Rs. 10 each for an amount not exceeding Rs. 100 crore. Craftsman Automation: Company  subsidiary Sunbeam Lightweighting Solutions completed the Rs. 28 crore sale of identified piston manufacturing assets to SPR Auto Technologies. Prestige Estates: Company announces  the launch of Phase 2 of Prestige Forest Hills at The Prestige City, Mulund, Mumbai. with an estimated Gross Development Value  of approximately Rs 2,200 crore. Skipper -  Acquisition of shares of Utsav Ispat LLP (0.38%) to Ventex Trade on 29 June 2026. Avenue Supermart: Company has opened a new store at Pollachi, Coimbatore (Tamil Nadu) today. The total number of stores as on date stands at 503. Cantabil Retail India: Company has opened 5 New Showrooms/ Shops at different location in India during the month of June 2026.Now total number of Showrooms/ Shops of the Company stands at 667. Religare Enterprise:  Mr. Rahul Mehrotra, Managing Director (MD) & Chief Executive Officer (CEO) of Religare Housing Development Finance Corporation, has tendered his resignation. Avenue Supermart: Company has allotted Commercial Paper of Rs. 200 crores, Coupon offered  6.70% Ashoka Buildcon - Extended timeline for stake sale in 6 road SPVs to Infrastructure Yield Trust-backed investors; completion deadline extended to July 31, 2026 for TS-1, TS-2 & TS-3 BlackBuck – Promoter & Executive Director Ramasubramanian Balasubramaniam pledged 6.3 lakh shares (0.35% stake). Zee Media – Allotted 3 crore shares on conversion of 3 crore warrants to Sun India Opportunities Investing Fund; received Rs. 19.13 crore warrant exercise consideration, with 2 crore warrants still pending conversion. Bandhan Bank – Completed sale of housing finance NPA portfolio of Rs. 291.44 crore to ACRE for Rs. 119.49 crore (41% recovery) through the Swiss Challenge process. NTPC Green Energy – Subsidiary Ayana Renewable Power won 193 MW wind project in MPPMCL auction at tariff of Rs. 4.17/unit, strengthening renewable energy portfolio. Max Healthcare – Acquired 100% voting rights and 50.22% economic interest in Yerawada Properties Pvt Ltd, making it a subsidiary, as part of its plan to develop a 450-bed super speciality hospital in Pune. PB Fintech – Approved Rs. 20 crore capital infusion into wholly-owned subsidiary PB Pay and incorporation of two Dubai-based step-down subsidiaries for insurance advisory and reinsurance broking businesses. NTPC – Declared commercial operation of the final 5 MW module of NSPCL's Bhilai Floating Solar Project, taking the plant's total commissioned capacity to 15 MW. NTPC Group installed capacity rises to 90,904 MW and commercial capacity to 89,824 MW. HFCL – Extended timeline for sale of entire stake in Nivetti Systems to Trinity Tech Solutions; transaction now expected to be completed by Sept 30, 2026 (earlier June 30, 2026). Gujarat Pipavav Port (GPPL) – Appointed Harjeet Kaur Joshi as Additional Independent Director for 5 years from July 1,2026. H.G. Infra Engineering (HGINFRA) – Executed SPA and acquired 100% stake in WR ER Part C Power Transmission Ltd (SPV) from REC Power Development, for implementation of the awarded power transmission project. Cantabil Retail India: Company has opened 5 New Showrooms/ Shops at different location in India during the month of June 2026. Now total number of Showrooms/ Shops of the Company stands at 667. Religare Enterprise:  Mr. Rahul Mehrotra, Managing Director (MD) & Chief Executive Officer (CEO) of Religare Housing Development Finance Corporation, has tendered his resignation. Belrise Industries: Company has issued Corporate Guarantee to the Standard Chartered Bank located at Gift City  for an amount upto EUR 2.75 Million.

You , Now Stocks in News Maharashtra Seamless – Whole-time Director Pithelis Raj Santhanamarian resigned from executive role due to personal reasons. Godawari Power & Ispat – Stake in associate Jammu Pigments increased to 43.96% from 13.73% after conversion of 58.92 lakh CCPS into equity shares Amber Enterprises – Extended timeline for acquisition of remaining stake in MoMagic Wireless by subsidiary IL JIN Electronics to Sept. 30, 2026 SRF - Reappointed Mr. Kartik Bharat Ram as Joint Managing Director HDFC Life – GST appellate authority upheld tax demand of Rs. 132.7 crore along with applicable interest and Rs. 132.7 crore penalty Brainbees Solutions – Extended timeline for capital infusion into US subsidiary Swara Corp. from June 30, 2026 to Dec. 31, 2026 due to procedural delays Extended timeline for up to AED 34 million investment in UAE subsidiary Firstcry Management DWC LLC to July 31, 2026 due to procedural delays. Corona Remedies – Commissioned EU-GMP approved hormone manufacturing facility in Ahmedabad, boosting hormone manufacturing capacity by 20% and strengthening its women's healthcare portfolio. PFC – Transferred Kakinada I Transmission Ltd SPV to Power Grid Corporation  for Rs. 20.51 crore for the Kakinada green hydrogen/ammonia transmission project. Paras Defence - Signed exclusive IP licensing agreement with US-based Tandem Defense LLC for Guardian-1 counter-drone interceptor technology, enabling manufacturing and commercialization in India. L&T Technologies: Announced the launch of Ainfonix 4.0, a next-generation Engineering Intelligence platform for process industries. Poonawalla Fincorp: Company had approved issuance of non-convertible debentures of of Rs 1,00,000  each  for an amount aggregating up to Rs 750 cr. Vodafone Idea: Company has now acquired 26% equity stake of MTK Quantum by investing Rs. 4.33 crore Lloyds Enterprises: After a private placement, Lloyds Engineering Works' stake diluted to 85% from 100% in Defence subsidiary Lloyds Advance Defence Systems. C.E. Info Systems: Rohan Verma appointed as Joint Managing Director Hindware Home Innovation – Completed acquisition of remaining stake in Hintastica Pvt Ltd for Rs. 2.79 crore, making it a 100% wholly-owned subsidiary; existing JV arrangement with Atlantic has been terminated. Kotak Mahindra Bank: Company  has executed a business transfer agreement with Deutsche Bank for the acquisition of DBAG's  business undertaking in  India. Aarti Pharmalabs: Company inaugurates its  additional manufacturing block in Maharashtra to increase production capacity, block has a total capacity of 3600 TPA for Xanthine derivatives manufacturing. Equitas Small Finance Bank: Mr. N Sridharan, Chief Financial Officer (KMP & SMP) of the Bank, has superannuated from the services of the Bank. Hexaware Tech - Hexaware Launches Tensai for Reasoning Ops to Bring Agentic AI to Enterprise IT Operations Vikram Solar – NCLAT set aside NCLT's order admitting insolvency proceedings against the company, providing relief in the IBC case filed by Isitva Steels Mahindra Lifespace Developers – Incorporated Mahindra Kandivali Developers Ltd (MKDL) as a 100% wholly-owned subsidiary to undertake future real estate development projects. EPACK Durable: Company received Andhra Pradesh government approval for incentives, including 36.41 acres of land and a 50% capital subsidy, to support its proposed Rs. 314.31 crore investment in the state. GNG Electronics – Director Ajay Pancholi purchased 42,000 shares on the open market for Rs. 2.38 crore, increasing his holding from 2.12 lakh shares (0.19%) to 2.54 lakh shares (0.22%). IKS Health – Partnership with Axia Women's Health delivered ~$12 mn annual cash impact, leading to 100% coding coverage across Axia sites, lower denial rates, >96% coding accuracy and higher collections. Goodluck India – CRISIL upgraded long-term rating to AA- (Stable) from A+ (Positive) and short-term rating to A1+ from A1 for Rs. 854.75 crore bank facilities, reflecting a stronger credit profile.

WeWork India: Expanded Hyderabad centre capacity by 536 desks by leasing an additional 31,259 sq. ft.; to be operational in July 2026. Investment required Rs 9.8 crore. Electronics Mart India: Opened new multi-brand store in Gurugram spanning 6,250 sq. ft. Lumax Auto Technologies: Completed acquisition of remaining 15.97% stake in Lumax FAE, becoming a wholly owned subsidiary. Balkrishna Industries (BKT): Completed carbon black expansion, boosting capacity to 3.6 lakh MTPA; capacity addition of 95,000 MTPA. Also enhanced power capacity to 64 MW, with capacity addition of 24 MW. HDFC Bank: Board approved appointment of Rajiv Kumar as Independent Director (4 years from June 30, 2026) and proposed him as Part-time Chairman for 3 years. SIS: Approved buyback proposal of up to Rs 120 crore at a maximum of Rs 478.5 crore; extended tenure of Whole-time Director till April 2027. Powerica: Income tax demand revised higher to Rs 31.3 core (from Rs 30.28 crore); company is currently reviewing the order. South Indian Bank: Opening new branch in Manavalanagar, Thiruvallur (Tamil Nadu) on June 30, 2026. IRFC: Government approved appointment of Ranjay Choudhary as Direc https://bit.ly/2RK2tzc

You , Now Stocks in News Sterling and Wilson Renewable Energy: Secures landmark project in Egypt, received LoA for a 1,000 MWac capacity Solar PV project and 600 MWh Battery Energy Storage for $560 million. Juniper Hotels: Resignation of Mr. Tarun Jaitly from the position of Chief Financial Officer of the company. Central Bank of India: Company inaugurated its International Financial Services Centre (IFSC) Banking Unit (IBU) at Gujarat International Finance Tec-City. Axis Bank: Puneet Sharma, Chief Financial Officer of the Bank, has tendered his resignation. Jagsonpal Pharmaceuticals: Company has entered into a Share Purchase Agreement (SPA) to acquire 85% of the paid-up equity share capital of Aequitas. State Bank of India: Raised $300 million via 3-year senior unsecured floating rate bonds issued through its London branch. Samvardhana Motherson (SAMIL): Delayed completion of 28.15% stake acquisition in HR Dhauliganga (captive power SPV); now expected by Q4 FY27 (vs earlier Q1 FY27). RITES: Signed MoU with CONCOR to provide project management & consultancy services for development of logistics infrastructure. Coforge: Appointed Anup Nair as Chief AI Commercial Officer. Aditya Birla Capital: Allotted Rs 300 crore NCDs via private placement, with Rs 100 crore greenshoe option. Vikram Solar: NCLAT set aside NCLT insolvency admission order. Indian Bank: Confirmed adherence to applicable guidelines of SEBI CSCRF (Cybersecurity & Cyber Resilience). CESC: Subsidiary Purvah Green Power incorporated wholly owned subsidiary Purvah Energy Ventures. Krsnaa Diagnostics: ICRA reaffirmed credit rating at A (Stable) for long-term loans and A1 for short-term facilities. BSE: To directly handle international market data licensing from Jan. 1, 2027, replacing Deutsche Börse; no impact or disruption to clients. Tata Elxsi: Received Rs. 1.58 crore income tax demand notice (AY26) over tax credit mismatch. GNG Electronics: Director Ajay Pancholi acquired 77,000 shares via market purchases, increasing stake from 0.12% to 0.19%. SJVN: Signed PPAs with GUVNL for supply of power from hydro projects (66 MW, 210 MW, 382 MW) in Himachal Pradesh. Bandhan Bank: CFO Rajeev Mantri resigned to pursue another opportunity. EPACK Durable: Clarified CRISIL "issuer not cooperating" tag is due to discontinued engagement since Dec. 2024. Dishman Carbogen Amcis: Subsidiary Carbogen Amcis AG commissioned a 1.2 MW solar plant in Switzerland. Rolex Rings: Fixed July 3, 2026 as record date for Rs 180/per share buyback. Buyback size Rs 180 crore. eMudhra: ICRA reaffirmed credit rating at A (Stable)/A1 for bank facilities worth Rs 35 crore. Central Bank of India: Inaugurated IFSC Banking Unit at GIFT City, enabling foreign currency lending, trade finance, and global banking services for clients. Godavari Biorefineries: Commissioned 200 KLPD grain-based distillery with Rs 130 crore capex. Windlas Biotech: ICRA reaffirmed long-term rating at A+ (Stable) and upgraded short-term rating to A1+ for working capital facilities. Jagsonpal Pharmaceuticals: Company to acquire 85% stake in Aequitas Healthcare for Rs 20.8 crore, marking entry into the hospital segment. Indian Oil Corporation: India Ratings assigned AAA (Stable) long-term rating and A1+ short-term rating for bank facilities. Sterling & Wilson Renewable Energy: JV secured Rs 4,600 crore order in Egypt for 1,000 MW solar & 600 MWh storage project. Thangamayil Jewellery: ICRA reaffirmed credit rating at A+ (Stable) and A1 for short-term facilities. Pace Digitek: Subsidiary advancing BESS manufacturing expansion, with capacity rising to 5 GWh soon and targeted 10 GWh by Q3 FY27. Bannari Amman Sugars: Reported cybersecurity incident at Tamil Nadu distillery unit; issue resolved with no impact on operations. Maruti Suzuki: Received GST demand order of Rs 3.45 crore and Rs 3.45 crore penalty from West Bengal authority; company to appeal. Canara Bank: Government appointed Rakesh Kashyap as Deputy MD of NABARD till Jan. 31, 2029.

Nephrocare Health Services: Executed fresh corporate guarantee facilities for its overseas arms, deploying a guarantee of Rs 52.5 crore to its Philippines arm and Rs 31.3 crore to its Singapore arm. Suryoday Small Finance Bank: Announced it will seek formal shareholder approval to raise fresh capital up to Rs 500 crore. Zee Entertainment: The board of directors has scheduled a meeting on July 1 to consider and evaluate options for raising fresh funds. Ravindra Energy: Approved a rights issue of 1.98 crore equity shares at an issue price of Rs 101 per share, which includes a premium of Rs 91 per share. GMR Airports: Its subsidiary, GMR Nagpur International Airport, has officially commenced commercial operations. Medplus Health: Disclosed that an underlying subsidiary received a single drug license suspension order for one pharmacy store operating in Karnataka. Triveni Engineering: Received an in-principle exchange approval for the formal listing of 14.65 lakh equity shares. Adani Power: Its subsidiary, Adani Atomic Energy, has incorporated a new step-down arm named PUAEL. Thermax: Its Singapore subsidiary, Thermax Engineering, has formally incorporated a new entity named Thermax Integrated Middle East. Hind Rectifiers: Expanded its corporate structure by incorporating a new subsidiary named Hirect Global Holdings in the UAE. Divgi TorqTransfer: Formally incorporated a new international subsidiary in the United States on June 4. LMW: Completed an additional equity acquisition in its UAE-based subsidiary, LMW Holding. Consequent upon completion of the aforesaid transaction, the Company will continue to retain 100% of the ownership of LMW Holding Limited. Transport Corporation of India: Set July 17 as the official record date to determine shareholder eligibility for its FY26 final dividend. New India Assurance: Revised the record date for its FY26 dividend to July 10 from the previously announced September 4. SPARC: Formally terminated its existing pact with CMS Bridging DMCC on June 25. The purpose of the License Agreement was to develop and commercialize multiple products i.e XelprosTM, ElepsiaTM, TaclantisTM, PDP-716, SDN-037 in Mainland China, Hong Kong, Macao and Taiwan. Accelya Solutions: Announced the strike-off of its UK arm, Accelya Solutions, with the process scheduled to be completed by Sept. 30. Smartworks Coworking: Announced the acquisition of Singapore-based coworking and flex-space operator WorkStudio Spaces with an operational footprint of 26,000 sq. ft. & healthy committed occupancy levels. Upon completion, Smartworks' Singapore portfolio is expected to expand to four centres, with its footprint increasing to 76,000 sq. ft. and total seating capacity exceeding 1,500. Godawari Power and Ispat: Announced the formal inclusion of the company in the 2025 Burgundy Private Hurun India 500 List. Rishabh Instruments: Disclosed that its subsidiary, Lumel SA, has been presented with the Forbes Diamonds 2026 Award. Astral: Approved a major corporate restructuring involving the demerger of its Chemicals Business into Astral Chemie and the merger of Al-Aziz Plastics into Astral. The scheme remains subject to regulatory and shareholder approvals. Religare Enterprises: Its step-down subsidiary, Religare Housing Development Finance Corporation (RHDFCL), has formally approved the appointment of Pavan Kumar Gupta as its new Managing Director and Chief Executive Officer (MD & CEO). Tata Motors (Passenger Vehicles): The company issued a clarification regarding media reports of a partnership with Stellantis. Management noted that it has a two-decade history of partnership with Stellantis and entered into a non-binding MoU with them in February; however, no definitive agreement has been reached yet. ONGC: The state-run energy major has announced the formal appointment of Anupam Agarwal as its new Chief Financial Officer (CFO). R Systems International: The board has approved the appointment of Shailesh Kekre as the company's new Chairperson, with the executive role taking effect from June 29. https://bit.ly/2RK2tzc

Stocks in News Torrent Power & L&T: Torrent Power has completed the acquisition of the equity stake and convertible instruments of Nabha Power Limited (NPL) from L&T Power Development at a total consideration of Rs. 3632.35 crore RPSG Ventures: Acquired Clarionix Healthcare and approved a scheme of arrangement between Woodlands Multispeciality Hospital and the company. Under the approved scheme, the company's Hospital & Nursing Undertaking will be transferred to Clarionix Healthcare on a slump sale basis for a consideration of Rs. 400 crore. HCLTech: Completed the acquisition of a 10.46% stake in Axonwise (Sarvam AI). Hexaware Technologies: Formally became an Anthropic Authorized Reseller for Amazon Bedrock, granting the company the mandate to sell and integrate Claude models for enterprise clients. Tata Communications: Announced that most customer data affected by the recent fire in Delhi has been successfully recovered. Management noted that only limited cases require validation and rebuilding, and while some customers may face temporary disruption, the overall business impact has not been material. Magellanic Cloud: The board approved the merger of IVIS International with the company and okayed a Rs 150 crore corporate guarantee across 3 of its arms. It also approved a preferential issue of equity shares and warrants, moving to allot 3.74 crore shares to non-promoters and issue 12.67 crore warrants to investors. Separately, the investment cap for NRIs and OCIs was raised to 24% from 10%. Hindustan Zinc: Successfully deployed a 250 MT Electric Crane at its manufacturing unit located in Rajasthan. RITES: The total order value for its Memorandum of Understanding (MoU) with NUPPL has been enhanced to Rs 149 crore from the previous Rs 120 crore. The underlying contract is for the hiring of locomotives on a wet-lease basis. Paramount Communications: Received in-principle approvals from the stock exchanges for the issuance of 2.2 crore equity shares at an issue price of Rs 42 per share, alongside the issuance of 72 lakh unlisted convertible warrants. Tanfac Industries: Approved the formal closure of its QIP issue, allocating 12.6 lakh equity shares to investors at an issue price of Rs 1,985.83 per share. Bandhan Bank: Approved the appointment of Debasish Panda as the Non-Executive Chairman of the bank for a three-year tenure starting July 5. The board also approved his appointment as an Additional Director (Independent) and Independent Director. Home First Finance: Announced that Nutan Gaba Patwari has resigned from the position of Chief Financial Officer, with her cessation taking effect from August 31. Nibe: Announced the formal resignation of Prakash Hari Khose from the position of Chief Executive Officer. Aster DM Healthcare: Fixed July 9 as the record date for QCIL investors to receive company shares under an approved arrangement. The applicable shareholder swap ratio has been established at 977:1000. Isgec Heavy Engineering: Completed the sale of a 25% equity stake in its joint venture to Sumitomo SHI. Following the transaction, Isgec's shareholding in the JV reduced to 26% from 51%, resulting in the JV ceasing to be its subsidiary and becoming an associate company. TGV SRAAC: Added 2.5 MWp of solar power capacity, bringing the company's cumulative total solar power generating capacity to 60.4 MWp. Godrej Industries: Injected a fresh capital investment of Rs 370 crore into its subsidiary, Godrej Investment. GIVL is an Unregistered Core Investment Company which holds Equity Shares of Godrej Capital Limited and Godrej Wealth & Asset Management Limited. Astral: Its subsidiary has acquired a 60% partnership interest in Differentiated and Sustainable Solutions for a total consideration of Rs 39 crore. DSS is engaged in the business of developing technologies for Specialty Chemicals & Materials used in electronics, aerospace, renewable energies and infrastructure. It had a turnover of Rs. 3.2 crore in FY26 with annual capacity of 5.2 MT.

Raymond: The company formally clarified that media reports suggesting an imminent buyout of the German aerospace components firm Deharde are speculative. However, management noted that up to Rs 330.88 crore of the funds raised via its preferential issue have been strategically earmarked for potential future M&A activities. Jubilant FoodWorks: The master franchisee of Domino's Pizza in India has successfully revoked corporate guarantees amounting to €116 million that were previously extended to its Netherlands-based international subsidiary, streamlining its contingent liabilities. Electrosteel Castings: The company announced that the scheduled asset-integrity maintenance shutdown at its main Mini Blast Furnace (MBF) plant has concluded, with active commercial operations slated to resume on June 25. Reliance Industries: Its healthcare vertical, Karkinos Healthcare, crossed a major public health milestone by completing HPV DNA screening for over 1 lakh women, solidifying its presence in the preventive oncology and genomic screening space. Vikram Solar: The National Company Law Appellate Tribunal (NCLAT) has granted an interim stay on the ongoing insolvency proceedings against the solar module manufacturer, explicitly barring the Interim Resolution Professional (IRP) from taking any further steps until the next scheduled hearing. Jana Small Finance Bank: The bank successfully allotted 88.43 lakh convertible warrants to a cohort of institutional and private investors, enhancing its Tier-1 capital buffers to support mid-term credit growth. BASF India: Shareholders have overwhelmingly approved the structural demerger of the Agricultural Solutions business from the parent corporate entity, paving the way for focused value unlocking. Waaree Energies: Its Australian subsidiary, Waaree Renewable Energies Australia, has been voluntarily deregistered by the Australian Securities & Investments Commission (ASIC) and ceased to be an arm of the company effective June 10. CreditAccess Grameen: The microfinance lender's board approved the formal allotment of Non-Convertible Debentures (NCDs) worth Rs 325 crore on a private placement basis to reinforce its loan book liquidity. Medplus Health: Disclosed that a subsidiary received two regulatory suspension orders regarding the drug licenses of its pharmacy store located in Andhra Pradesh. Gujarat Energy / SPR Auto Tech: State-run Gujarat Gas will officially be renamed "Gujarat Energy", and Shriram Pistons & Rings will change its name to "SPR Auto Technologies", with both corporate identity shifts taking effect from July 1. Oberoi Realty: Clarified that recent reports of it receiving RERA approval for a 14.8-acre project in Gurgaon reflect only a procedural milestone - the project has been registered on the portal, but the final physical certificate and registration number are yet to be formally issued. Bharat Coking Coal: A Dhanbad court formally acquitted six officials accused in a mining safety case linked to the 2013 Jamunia accident, officially disposing of the litigation filed by the State of Jharkhand. Apar Industries & Shanti Gold: Both companies have scheduled critical board meetings on June 30 to deliberate and approve various capital fundraising options via equity or debt routes. Cipla: The pharma major has scheduled its board meeting for July 23 to consider and approve its Q1 FY27 financial results. https://bit.ly/2RK2tzc

Stocks In News Tata Steel: In a major move to fortify its overseas balance sheet, the steel giant has infused Rs 1,625 crore into its wholly-owned subsidiary, T Steel Holding Pte (TSHP). The company acquired 199 crore shares at $0.086 per share. This capital injection is likely aimed at restructuring offshore debt and supporting the ongoing decarbonization transition at its European facilities. Jubilant Pharmova: Received a significant regulatory relief as the Income Tax Department substantially reduced the tax demand on its subsidiary from Rs 108 crore to just Rs 42 crore. This major reduction frees up contingent capital for the pharma major as it focuses on expanding its CDMO and radiopharma operations. ICICI Bank: The private sector lender has received crucial regulatory approval from the Reserve Bank of India (RBI) to acquire an additional 2% equity stake in its life insurance arm, ICICI Prudential Life Insurance.  LIC: The state-owned life insurance behemoth announced the unexpected resignation of its Chief Financial Officer, Sunil Agarwal. Agarwal is stepping down to pursue better prospects, and his cessation will take effect from July 14, 2026. NLC India: Accelerating its clean energy transition, its subsidiary has entered into a joint venture agreement with the Odisha Renewable Energy Development Agency (OREDA). The JV will construct a massive 1,000 MW green energy project in Odisha, significantly expanding NLC's non-fossil fuel capacity profile. Embassy Developments: The real estate developer has signed a strategic Memorandum of Understanding (MoU) with the Uttar Pradesh government. The pact entails a heavy capital investment of Rs 1,500 crore to develop premium real estate projects in the high-growth Lucknow corridor. Bharat Forge: Continuing its inorganic expansion into defense and aerospace, its subsidiary has successfully completed the acquisition of a 90% controlling stake in RS Aerostructures. This acquisition strengthens Bharat Forge's value-added capabilities in aerostructure component manufacturing. Deccan Gold Mines: The company officially inaugurated its flagship Jonnagiri Gold Project in Kurnool, Andhra Pradesh. Marking a historic milestone for private-sector gold mining in India, the facility boasts an initial ore processing capacity of approximately 1,000 tonnes per day, shifting the company from an exploration phase to active commercial production. HCLTech: The IT services major announced a string of strategic partnerships: It tied up with global aviation fuel and diesel producer Neste for AI-led operational efficiency solutions; partnered with Nokia to provide specialized rApps for Nokia's Radio Access Network (RAN) portfolio; and signed an MoU with the Nagpur Municipal Corporation (NMC) to build technological sports opportunities. Signpost India: Secured a highly favorable ruling from the Karnataka High Court, which recognized the company's legal rights under its Public-Private Partnership (PPP) agreement. The court explicitly permitted the company to place advertisements near police booths and footpaths, directing the Bruhat Bengaluru Mahanagara Palike (BBMP) to honor the existing contract. IRFC: The government has decided to formally exercise its green-shoe oversubscription option to sell an additional 1% stake in the ongoing Offer for Sale (OFS) of the state-run railway financier. Clean Science and Technology: The specialty chemicals manufacturer will invest Rs 50 crore into its wholly-owned subsidiary, Clean Fino-Chem, via a rights issue. The funds will be deployed to accelerate ongoing capital expenditure for its new performance chemical capacities. Infosys: Announced a strategic cloud and AI partnership with Sentara Healthcare to drive digital transformation, aiming to optimize patient care delivery and healthcare operational frameworks.

Infosys: Formed a long-term AI managed services pact with global semiconductor leader GlobalFoundries. Under the contract, Infosys will deploy its proprietary AI architecture to deliver end-to-end, automation-led managed services to optimize GlobalFoundries' manufacturing workflows. PI Industries: Substantially strengthened the equity structure of its high-growth pharma intermediate segment by converting Rs 1,000 crore worth of Optionally Fully Convertible Debentures (OFCDs) held in its arm, PI Health Sciences, into 72.46 crore fresh equity shares at Rs 13.8 per share. Tanfac Industries: Formally approved its Placement Document and opened a fresh QIP issue to raise capital, locking in the floor price at Rs 2,090.34 per share to fund its ongoing specialty chemical capacity expansions. City Union Bank: The board has approved a capital-raising framework to pull in up to Rs 500 crore via a Qualified Institutions Placement (QIP) route. Yes Bank: Scheduled a crucial board meeting on June 29 to comprehensively consider, review, and approve various avenues for raising fresh equity or hybrid capital. Power Grid: Announced a dual financial management agenda for its upcoming June 26 board meeting, where it will evaluate both the issuance of fresh domestic debentures and a potential External Commercial Borrowing (ECB) program of up to $500 million. PFC: Continuing its active capital-market deployments, the non-banking finance giant successfully issued dollar-denominated senior secured notes worth $300 million maturing in 2031. IRCTC: Announced that the government has accepted the resignation of CMD Sanjay Jain, who stepped down citing personal grounds. Balakrishna Industries: Announced the formal resignation of its Deputy CFO, Ravi Narayan Joshi, from his executive financial role. Karur Vysya Bank: Orchestrated a top-tier executive rotation, appointing its current Chief Financial Officer, Ramshankar R, to take charge as the private bank's new Chief Operating Officer (COO) effective October 15. Garden Reach Shipbuilders: Emerged as the lowest (L1) bidder for a state-backed contract valued at Rs 40 crore to supply one 15-ton Electric Bollard Pull Tug, maintaining its robust order pipeline. Solarium Green Energy: Secured an engineering milestone by winning a Rs 186 crore solar EPC subcontract to build solar infrastructures across Maharashtra. Godawari Power & Ispat: Declared the successful commencement of commercial operations at its brand new 6.91 MW clean energy power plant located in Raipur https://bit.ly/2RK2tzc

Stocks in News HPCL: Achieved a massive infrastructure milestone as the mega HPCL Rajasthan Refinery successfully declared its Commercial Operation Date (COD) on June 22. This hyper-scale refining and petrochemical project marks a major structural shift for HPCL, paving the way for higher-margin petroleum derivatives and localized product supply lines across northern India. IRFC: The government has formally announced an Offer for Sale (OFS) to divest up to a 2% stake (26.1 crore shares) in the state-run railway financier. The base size is set at 13.1 crore shares with an oversubscription green-shoe option for an equal amount. Crucially, the floor price has been locked at Rs 91 per share, presenting a distinct regulatory calibration against prevailing market prices. Non-retail bidding opens tomorrow, with retail blocks joining on Thursday. Honasa Consumer: The parent company of Mamaearth is aggressively executing its inorganic health and pharma expansion. The board approved the acquisition of a 58% majority stake in Fluence Pharma for an enterprise value of Rs 135 crore, with an agreement to absorb the remaining 42% over the next 5–7 years. Concurrently, the firm has incorporated a new B2C subsidiary, Honasa Health, to launch its proprietary, high-margin nutraceuticals vertical. NTPC: Its subsidiary, Patratu Vidyut Ut उत्पादन Nigam Ltd (PVUNL), has officially declared the commercial operations of Unit-2 of the Patratu Super Thermal Power Project in Jharkhand. The unit injects a massive 800 MW of high-efficiency super-critical power capacity into the grid, reinforcing NTPC's baseline power supply metrics. REC & PFC: The structural transformation of India's state-backed power sector financing is entering its final countdown. The board of REC is officially scheduled to meet on June 28 to formally consider and vote on the final scheme of amalgamation and merger with Power Finance Corporation (PFC). Tata Power: Received a significant operational extension as the Ministry of Power extended the validity of its Section 11 directions under the Electricity Act, 2003, up to September 30. The regulatory mandate forces the full-capacity operation of its ultra-mega power plant (UMPP) at Mundra, ensuring cost-plus tariff compensation amidst high seasonal power demands. Rashi Peripherals: Signed a definitive pact to acquire a 67% controlling stake in VDA Infosolutions for a consideration of Rs 369 crore. The acquisition sharply diversifies Rashi's traditional distribution capabilities into enterprise IT solutions, data center management, and next-generation enterprise hybrid cloud infrastructures. NLC India: Entered into a strategic green-energy MoU with oil marketing giant Indian Oil Corporation (IOCL). The parties will establish a formal Joint Venture to co-develop large-scale renewable energy power plants across Tamil Nadu, pooling land assets and power evacuation logistics. Bajaj Auto: Disclosed that its IT infrastructure, alongside certain networks of its subsidiaries, was recently hit by a localized ransomware attack. The management clarified that its cybersecurity protocols and rapid containment frameworks successfully mitigated the threat promptly, with zero impact on baseline manufacturing operations or supply chain links. Separately, its core financing arm approved the private placement of 50,000 NCDs to raise Rs 500 crore. Satin Creditcare: The microfinance institution's board has approved an enabling resolution to raise up to Rs 5,000 crore through the multi-tranche issuance of Non-Convertible Debentures (NCDs) to support its rural credit book expansion. Wipro: Sealed a comprehensive global cyber defense solution partnership with cybersecurity giant Palo Alto Networks. Separately, the firm extended the timeline for completing its asset and customer contract acquisition of Alpha Net Consulting to September 30, pushing it back from the initial June 30 target.

63 Moons Technologies: Received a decisive governance nod as shareholders comprehensively approved the formal re-appointment of Devendra Agrawal as the company's Chief Financial Officer. GHV Infra: Secured a significant infrastructural sub-contract valued at Rs. 213 crore from GHV India to execute comprehensive engineering and composite works at a major railway coaching complex in West Bengal. Bandhan Bank: The private sector lender scheduled a board meeting on June 25 to evaluate, structure, and consider its comprehensive rolling medium-term capital plan. IIFL Finance: The board scheduled a crucial meeting on June 27 to evaluate raising fresh capital via equity and review a potential upsizing of its ongoing Global Medium Term Note Programme. Lemon Tree Hotels: Continued its international hospitality expansion by signing a formal management license agreement to establish a premium new 85-room hotel property in Nepal. Hero MotoCorp: Extended its long-term strategic partnership with the Amaury Sport Organisation for another five years. Concurrently, the two-wheeler giant launched the 'India's Next Dakar Hero' program to scout and nurture native motorsport talent. Nava: Streamlined its international holding structures by approving the formal amalgamation of its two Singapore-incorporated subsidiaries, Nava Healthcare and Nava Global. Hind Rectifiers: Moving to unlock non-core capital, the company approved the sale of its non-operational Dehradun manufacturing plant for a total consideration of Rs. 5 crore. Nephrocare Health Services: The board approved providing a clean corporate collateral support facility worth Rs. 70 crore to its underlying operational arm, NephroPlus Kidney Services Company, in the Kingdom of Saudi Arabia. Restaurant Brands Asia: Strengthened the capital base of its Southeast Asian business by subscribing to redeemable, cumulative, non-convertible preference shares worth IDR 35 billion in its Indonesian subsidiary. Oswal Greentech: Formally expanded its international corporate footprint by incorporating a new wholly-owned subsidiary in Dubai, UAE, backed by an initial capitalization of AED 40 million. Knowledge Marine & Ports: The board scheduled a meeting on June 26 to consider and vote on various enabling resolutions to raise fresh capital via equity and other valid instruments. Likhitha Infrastructure: Moving to fund working capital lines, the board approved a proposal to raise up to Rs. 60 crore through the preferential issuance of 25 lakh equity share warrants. Power Finance Corp: Management streamlined its structural architecture as the Ministry of Corporate Affairs (MCA) officially struck off and dissolved its inactive infrastructure arm, Bihar Infrapower. RPG Life Sciences & HEG: Fixed critical dividend timelines, with RPG Life Sciences setting July 9 as the record date for its Rs. 24 final dividend, and carbon electrode major HEG scheduling its main dividend record date for July 22. Electronics Mart India: Expanded its retail network execution in the southern zone by commencing commercial operations at a brand new multi-brand electronics retail store in Telangana. Transrail Lighting: Announced that Deputy Managing Director Raman Rajagopalan has tendered his formal resignation from the company's executive board, effective July 31. https://bit.ly/2RK2tzc

Stocks in News JSW Infrastructure: The company launched a major fundraising campaign via a fresh QIP issue of up to 23 crore equity shares. The QIP opened on June 22 with a floor price fixed at Rs. 290.35 per share. Concurrently, the Sajjan Jindal Family Trust will execute a secondary stake sale of up to 3.3 crore shares through an Offer for Sale (OFS), positioning the company to fund upcoming port infrastructure concessions. Bharat Electronics: Secured substantial additional defense and electronics orders aggregating to Rs. 1,081 crore since May 25. The domestic pipeline highlights the company's strong execution momentum across state-backed radar, communication, and weapon systems integrations. Vodafone Idea: The board approved a targeted equity funding structure, moving to allot 430 crore warrants valued at Rs. 1,182 crore to Suryaja Investments. The warrants are priced at Rs. 11 per unit, strengthening the telecom major's capital cushion ahead of its upcoming 5G rollout cycles. Info Edge (India): In a comprehensive letter to shareholders, the tech investor disclosed that it has actively deployed Rs. 1,003 crore across 54 deeptech and artificial intelligence startups since 2020. The company reiterated its strong strategic preference for investing in companies domiciled in India with native Indian founders, having deployed a total of Rs. 4,900 crore across 135 multi-sector startups. Syrma SGS Technology: Entered into a strategic manufacturing agreement with Japan-based Kaga Electronics. Under the terms of the pact, the parties will establish a specialized Electronic Manufacturing Services (EMS) facility in India to cater to premium Japanese industrial and consumer electronics clients. Apar Industries: Expanding its footprint in the Middle East, its subsidiary (Apar Industries Middle East) entered into a comprehensive long-term base oil supply agreement with Saudi Aramco Base Oil Company (Luberef). Under the pact, Saudi Aramco will reliably supply base oils directly to Yanbu to fuel localized lubricant compounding. Birla Corporation: Announced a key structural milestone as its Bikram Coal Mine located in Madhya Pradesh formally commenced its commercial production of coal, expanding captive fuel security for its nearby cement manufacturing operations. Hindustan Zinc: Deepening its ESG commitments, the metals giant signed non-binding MoUs with Advantek Associates and Aero Eagle. The partnerships are structured to explore the adoption of green hydrogen and clean energy tech ecosystems across its mining and smelting zones. Network People Services Technologies (NPST): Secured a prestigious technology mandate from a Maharatna Public Sector company. Under the contract, the company will act as the core Technology Service Provider (TSP) to develop and manage a proprietary, hyper-scale UPI Third Party Application Provider (TPAP) ecosystem. GAIL (India): The government officially nominated Satish Kumar Sinha to take charge as the state-run gas major's new Director (Finance), with the executive transition scheduled to take effect from July 1. Yash Highvoltage: Announced a targeted Rs. 151 crore preferential fundraise involving the issuance of 12.6 lakh equity shares and 8.3 lakh convertible warrants. The capital injection is systematically earmarked to support heavy manufacturing capacity expansion and accelerate the firm's strategic entry into the specialized 550 kV RIP Bushing segment. Acutaas Chemicals: Disclosed that the Gujarat GST department has initiated a formal multi-location search operation at the company's corporate head office and its main chemicals manufacturing facility in Surat. Timken India: Disclosed that the Ahmedabad High Court has upheld a lower labour court mandate ordering the engineering firm to reinstate and fully compensate an employee who was originally terminated in 1995, concluding a multi-decade industrial dispute.

Indian Railway Catering and Tourism Corporation (IRCTC): Appointed Rajneesh Narain as Director (Finance) effective June 15, 2026. Jubilant FoodWorks: To invest Rs. 19 crore in wholly owned subsidiary (Sri Lanka) via subscription to OCPS for funding operations/expansion; no change in ownership. Jyothy Labs: To initiate legal action against Henkel to assert contractual rights after non-renewal of Pril & Fa brand licensing agreements. General Insurance Corporation of India (GIC Re): Government of India plans OFS of up to 2% stake (3.51 crore shares) with option to sell additional 3% (total up to 5%) on June 16–17, 2026 to meet minimum public shareholding norms. Madras Fertilizers: Plant shutdown due to equipment breakdown; production of ammonia & urea halted, expected to resume around June 23, 2026 after repairs and maintenance. Angel One: Settled SEBI proceedings over supervision lapses by paying Rs. 4.28 crore; adjudication closed with no further penalty. Zensar Technologies: Appointed Brahma Pandey as Senior Vice President effective June 15, 2026. https://bit.ly/2RK2tzc

Stocks in News Patel Engineering: Company receives Rs. 126.37 crore Letter of Acceptance for Tasgaon Lift Irrigation Scheme in Maharashtra; company's share in the contract valued at 51% of total contract. Sudarshan Chemical Industries: Company inaugurates second global head office in Frankfurt, underscoring the company's growth ambitions and long-term commitment to Germany. Mahindra & Mahindra Financial Services: Approval for issue of 1 lakh non-convertible debentures of face value Rs. 1 lakh per debenture, up to Rs. 1,000 crore for a period of 3 years, interest offered at 7.90% per annum. Crizac: Announces strategic investment in Edument Consultancy, the operator of ForeignAdmits, through CCDs & CCPS, extending the company's reach into AI-powered financing and visa solutions. Craftsman Automation: Approval of fund raising through issue of equity shares having face value of Rs. 5 each for an aggregate amount not exceeding Rs. 2,000 crore. Anant Raj: Incorporation of Anant Raj Cloud arm of the company in Singapore. SJS Enterprises: Company sold its immovable property in Bengaluru for a consideration of Rs. 58.5 crore by executing a sale deed. HCL Technologies: Made investment of Rs. 1,427.25 crore in Axonwise Private Limited (Sarvam AI), a company incorporated in India. Adani Enterprises: Adani Enterprises and Jabil target a strategic alliance to build AI Data Center Infrastructure Platform in India. Vishal Mega Mart: Appointment of Mr. Sashi Gumma as Chief of Operations and Senior Management Personnel of the company. Jeena Sikho Lifecare: Executed MoU and Research Facility Usage Agreement for research institute and research facility at Chandigarh, focusing on research and knowledge development in the fields of Ayurveda. RailTel Corporation of India: Received work order worth Rs. 15.77 crore from Munitions India. Northern Arc Capital: Company enters into an MoU with YES Bank to leverage its network of 368 Originator Partners to facilitate substantial credit deployment for YES Bank through its Placements Business. Bandhan Bank: Approval for sale of identified Non-Performing Assets with more than 180 Days Past Due towards Housing Finance Portfolio of the bank, principal outstanding amounting to Rs. 303.74 crore. Devyani International: Received no objection from exchanges towards Scheme of Arrangementamongst Devyani International and Sapphire Foods India. Cholamandalam Financial Holdings: Mr. Shyam Shankar has taken over as Manager and Chief Financial Officer. Aditya Birla Fashion & Retail (ABFRL): CEO-Pantaloons Sangeeta Tanwani to step down from WTD role on July 31, 2026 and be re-designated as Non-Executive Non-Independent Director from August 1, 2026; Suraj Bahirwani's appointment as CEO-Pantaloons advanced to August 1, 2026. Navneet Education: Equity shareholders approved composite scheme of arrangement with Indiannica Learning with requisite majority at NCLT-convened meeting held on June 15, 2026. Cyient: Submitted board and shareholder approvals for buyback of up to 64 lakh shares at Rs. 1,125/share (total Rs. 720 crore) via tender offer route. Vikran Engineering: India Ratings assigned IND BBB+/Stable rating to proposed Rs. 500 million NCDs. MSP Steel & Power: Promoter group entities cumulatively acquired shares via open market. Dhanlaxmi Bank: Board approved appointment of Krishnakumar K as CFO for a 3-year term, replacing Kavitha T.A.; effective date to be announced. BGR Energy Systems: NCLAT hearing in insolvency matter adjourned to June 23, 2026; CIRP admission remains under stay. Birla Corporation: India Ratings affirmed IND AA/Stable rating on Rs. 3,781.5 million bank facilities and assigned IND AA/Stable to additional Rs. 1,203.4 million facilities. Concord Enviro Systems: Wholly owned subsidiary secured Rs. 16 crore order for wastewater treatment & ZLD system from a domestic steel manufacturer, to be executed over 12 months. SEAMEC: Vessel SEAMEC Agastya taken off-hire from June 15, 2026 due to technical issues; redeployment update awaited.

ICICI Lombard General Insurance: Received significant relief as a Mumbai Tax Body set aside a massive tax demand, including all associated penalties, amounting to Rs 228 crore. DCB Bank: The RBI has officially approved the appointment of Pushan Mahapatra as the Non-Executive Part-Time Chairman of the bank for a period spanning from June 12, 2026, to March 9, 2029. Yatharth Hospital: The company is strategically transferring its Gurugram hospital asset to a subsidiary for a consideration of Rs 100 crore to streamline localized operations. Campus Activewear: Announced the resignation of Sanjay Chhabra from the position of Chief Financial Officer, effective July 7. Suzlon Energy: In its latest investor presentation, the wind energy major highlighted that global wind capacity additions are sustainably outpacing total power capacity growth, driven by a highly favorable policy profile. It noted that the industry needs to aggressively ramp up execution reliability to maintain this momentum. Karur Vysya Bank: The private lender has raised its Foreign Currency Non-Resident (FCNR) deposit rates to up to 7% to attract greater NRI inflows. Indian Overseas Bank: The state-owned bank announced a systemic revision in its Marginal Cost of Funds Based Lending Rate (MCLR). MSP Steel: The promoter group signaled deep confidence in the business by purchasing an additional 2.61% stake in the company via the open market, increasing their total shareholding to 42.82%. Capacite Infra: The board approved the issuance of 350 NCDs to raise Rs 35 crore, with an option to raise an additional Rs 20 crore via a greenshoe option. Aurum PropTech: The Ministry of Corporate Affairs (MCA) approved the merger of its two arms, Liv Real Solutions and Aurum Softwares and Solutions, to streamline corporate structure. Adani Green: The renewable energy major has incorporated a new subsidiary, Adani Global IFSC, likely aimed at tapping into international green finance avenues. Ashoka Buildcon: The company's stake in its arm APTPL has reduced from 59% to 39.33%. Consequently, APTPL ceases to be a subsidiary and becomes an associate company. Dr Lal PathLabs: The diagnostics chain has incorporated a new subsidiary in Dubai, UAE, to expand its international footprint across the Middle East. Pennar Industries: Received formal exchange approvals for the issuance of convertible warrants to its promoter on a preferential basis. IIFL Finance: Its subsidiary, IIFL Fintech, has successfully completed the strategic acquisition of Xtracap. Prabha Energy: The board approved the conversion of 88.9 lakh partly-paid shares, moving the rights shares from 34% to 67% paid-up status. https://bit.ly/2RK2tzc

Zaggle Prepaid Ocean Services: Consolidated its operational footprint in the corporate fintech SaaS ecosystem by acquiring the remaining 100% Compulsory Convertible Preference Shares (CCPS) stake in Rivpe Technology, taking its total direct equity and preference control in the subsidiary to 100%. Affle 3i: Signed a definitive asset purchase agreement via its step-down arm to acquire the operational technology assets of AdColony for a consideration of $4.7 million, expanding its multi-agent conversational AI and mobile advertising infrastructure layers. KIMS (Krishna Institute of Medical Sciences): The board has approved a targeted promoter group funding round, authorizing the preferential allotment of equity share warrants worth Rs 600 crore to its core promoters to fund upcoming brownfield hospital expansions. Sammaan Capital: Received final NCLT clearance for its structural corporate scheme of arrangement to execute a reverse merger with its underlying arm, Sammaan Finserve, streamlining corporate governance and regulatory compliance frameworks. Electrosteel Castings: Announced a temporary operational shutdown at its main Mini Blast Furnace (MBF) production unit for a duration of 10 days to undertake necessary, routine asset-integrity and preventative maintenance schedules. CreditAccess Grameen: The microfinance major has successfully allocated Non-Convertible Debentures (NCDs) worth Rs 100 crore on a private placement basis to reinforce its liquidity pipeline. JSW Energy: The company successfully commissioned the 150 MW Tidong Hydro Project in Kinnaur, Himachal Pradesh, significantly ahead of its scheduled October 2026 timeline. The run-of-river plant operates under a long-term PPA with UP Power Corporation at a remunerative tariff of Rs. 5.57/KWh, boosting the company's total installed capacity to approximately 13,900 MW. ONGC: Its downstream subsidiary, ONGC Petro additions Ltd (OPaL), has approved a massive fundraising plan to issue non-convertible debentures (NCDs) worth up to Rs 4,471 crore. The private placement will be strategically utilized for debt refinancing and meeting working capital requirements. Meesho: The e-commerce major is making a deeper push into the B2B grocery space by acquiring Kirana Club for Rs 202 crore in cash. The deal includes a 100% stake in the Singapore-incorporated entity and a 0.41% direct stake in its Indian subsidiary, Retail Pulse Labs. Aurobindo Pharma: The US FDA has classified the inspection outcome at its arm's Telangana manufacturing facility (Eugia Pharma Specialities) as 'Official Action Indicated' (OAI) after concluding the inspection with 11 procedural observations. This classification indicates potential regulatory or administrative actions by the FDA. Nestle India: Categorically rejected allegations circulating regarding insect infestation in its Maggi noodles. The company stated that an NABL-accredited lab found no infestation in the samples, and detailed batch records and reports have been transparently submitted to the FSSAI. Ipca Labs: Signed a global licensing agreement with BRL to access its proprietary biologics delivery platform. The partnership will focus on the development of advanced monoclonal antibody therapies, specifically targeting oncology and inflammatory diseases. SEPC: Secured substantial Letters of Acceptance (LoAs) worth Rs 673 crore from SAIL's IISCO Steel Plant (ISP) located in Burnpur. Power Grid: Declared the successful bidder for a critical transmission project in Andhra Pradesh, involving the establishment of a massive 765/400kV GIS substation to bolster regional grid stability. NTPC Green Energy: The ONGC-NTPC joint venture has successfully commissioned a 50 MW solar unit as part of a 300 MW Round-The-Clock (RTC) project in Rajasthan, taking its cumulative solar capacity to 250 MW. ACME Solar: Its subsidiary, ACME Sun Power Pvt, commissioned a 33.3 MW Battery Energy Storage System (BESS) project in Rajasthan to support grid storage architecture.