Executive Summary
The 50 filings for June 23, 2026, reveal a market dominated by corporate actions (M&A, buybacks, capital raises) and regulatory/legal developments, with a notable undercurrent of governance and financial health concerns.
While several companies like FMC Corp and EagleRock Land show strong operational turnarounds or strategic moves, a significant number of filings highlight insider selling, shareholder dissent, and qualified audit opinions, pointing to elevated risk in certain segments. Key themes include aggressive capital allocation through buybacks (Kajaria Ceramics) and preferential issues (Yash Highvoltage), contrasted with governance failures (Family Care Hospitals) and financial distress (India Infraspace). The period-over-period data is sparse but reveals a sharp revenue surge for EagleRock Land (226% YoY) and a volatile performance for VDA Infosolutions (revenue up 34% then down 18%). The overall sentiment is cautiously mixed, with actionable opportunities in well-capitalized companies executing clear strategies, but significant red flags around companies with poor governance, insider selling, or regulatory issues.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: 425 · 8-K · DEF 14A · 10-Q
Tracking the trend? Catch up on the prior Global High-Priority Regulatory Events digest from June 22, 2026.
Investment Signals (10)
- Kajaria Ceramics ↓ (BULLISH)▲
Shareholders overwhelmingly approved a ₹296.70 crore buyback at ₹1,380/share (97.82% in favor), signaling strong management confidence in intrinsic value and a clear capital return policy.
- EagleRock Land, LLC ↓ (BULLISH)▲
Net income swung to $3.4M from a -$1.1M loss, driven by a 226% revenue surge (water sales up 315% YoY), indicating a powerful operational turnaround.
- Nuvectis Pharma ↓ (BULLISH)▲
Secured exclusive ex-China rights to two clinical-stage compounds with blockbuster potential (up to $1.421B in milestones), including a Phase 3 PNH asset showing 59.5% hemoglobin normalization vs 8.3% for standard of care.
- FMC Corp ↓ (BULLISH)▲
Amended credit agreement to secure a $200M contingent payment from Corteva for Rimi IP, unlocking significant non-dilutive capital for the Rimisoxafen molecule development.
- Railtel Corporation of India ↓ (BULLISH)▲
Won a massive ₹334.5 crore order from the Ministry of Railways for e-Office upgradation, with a long execution timeline to 2031, providing multi-year revenue visibility.
- Rashi Peripherals ↓ (MIXED)▲
Acquired 67% of VDA Infosolutions for ₹368.5 crore, a forward integration into enterprise tech, though VDA's recent revenue decline (FY26: ₹850 Cr vs FY25: ₹1035 Cr) warrants caution.
- Parmax Pharma ↓ (BEARISH)▲
Promoter Pradeep Gosalia sold 8.02% of his stake (300,000 shares), reducing his holding from 8.09% to 0.07%, a massive insider sell signal.
- Family Care Hospitals ↓ (BEARISH)▲
All four related-party transaction resolutions were defeated by shareholders (82.13% against), with only 0.95% of total shares voted, indicating severe governance and shareholder apathy issues.
- India Infraspace Ltd ↓ (BEARISH)▲
Received a qualified audit opinion due to missing audit trails, unconfirmed balances (₹96L receivables, ₹75L loans), and remains delisted, signaling deep financial and regulatory distress.
- Graf Global Corp (BIG3) ↓ (BEARISH)▲
SPAC merger at $290M valuation faces headwinds from a risky SPAC market (only 19 completed in 2026) and NBA ownership restrictions, despite strong ratings growth.
Risk Flags (10)
- Family Care Hospitals/Governance Failure↓ [HIGH RISK]▼
All four RPT resolutions defeated, with only 0.95% of shares voted. Promoters abstained despite being interested parties, signaling a complete breakdown of governance.
- India Infraspace Ltd/Financial Distress↓ [HIGH RISK]▼
Qualified audit opinion, delisted equity, missing bank statements, and unconfirmed balances of ₹2.5 Cr+ across receivables, loans, and payables.
- Parmax Pharma/Insider Exit↓ [HIGH RISK]▼
Promoter sold 99% of his stake (8.02% to 0.07%) in a single transaction, a clear signal of loss of confidence.
- EagleRock Land, LLC/Cash Flow Deterioration↓ [MEDIUM RISK]▼
Despite a massive revenue surge, operating cash flow turned negative (-$2.4M vs +$0.2M YoY), and the company remains deeply in deficit ($38.4M members' deficit).
- Rashi Peripherals/Acquisition Risk↓ [MEDIUM RISK]▼
VDA Infosolutions' revenue declined 18% YoY in FY26 (₹850 Cr from ₹1035 Cr), raising concerns about the timing and valuation of the ₹368.5 Cr acquisition.
- Nuvectis Pharma/Financing Risk↓ [MEDIUM RISK]▼
The company faces significant capital requirements to fund development of two clinical-stage assets, with no FDA approvals and potential milestone payments up to $1.421B.
- Graf Global Corp/SPAC Risk↓ [MEDIUM RISK]▼
The SPAC merger market is risky with only 19 completed mergers in 2026 and many post-merger stock declines, adding execution risk to the BIG3 deal.
- Quadrant Televentures/Insolvency↓ [HIGH RISK]▼
Company is under CIRP since Sept 2025, with the 11th CoC meeting approving the bid challenge process, indicating prolonged distress and uncertain recovery.
- Yash Highvoltage/Insider Selling↓ [MEDIUM RISK]▼
Two funds (NUVF, YRIOF) sold 2.27% of voting capital over 10 months, reducing their aggregate holding from 5.73% to 3.46%, signaling waning institutional confidence.
- Ambica Agarbathies/Regulatory Scrutiny↓ [LOW RISK]▼
NSE and BSE required a corrigendum for a preferential issue, indicating regulatory concerns over pricing and disclosure compliance.
Opportunities (10)
- Kajaria Ceramics/Buyback Catalyst↓ (OPPORTUNITY)◆
With 97.82% shareholder approval for a ₹296.7 Cr buyback at ₹1,380/share (1.35% of equity), the tender offer provides a clear near-term price floor and capital return opportunity.
- EagleRock Land, LLC/Turnaround Play↓ (OPPORTUNITY)◆
The 226% revenue surge and swing to profitability ($3.4M net income) suggest a powerful turnaround, though cash flow and deficit need monitoring.
- Nuvectis Pharma/Pipeline Catalyst↓ (OPPORTUNITY)◆
Exclusive license for two clinical-stage compounds with blockbuster potential (up to $1.421B milestones) and strong Phase 3 data for NXP100 (59.5% vs 8.3% for eculizumab).
- Railtel Corporation of India/Order Inflow↓ (OPPORTUNITY)◆
The ₹334.5 Cr order from Ministry of Railways provides multi-year revenue visibility (execution to 2031), reinforcing its position as a key government IT partner.
- Ircon International/Government Contract↓ (OPPORTUNITY)◆
Won a ₹198.4 Cr share of a ₹763 Cr smart grid project in Tripura, with a 24-month completion timeline, adding to its order book.
- We Win Limited/Government Contract↓ (OPPORTUNITY)◆
Won an ₹8.7 Cr order from MPRDC for accident response system enhancement, with a possible 2-year extension, providing steady revenue.
- Somany Ceramics/Credit Rating Stability↓ (OPPORTUNITY)◆
CRISIL reaffirmed 'AA-/Stable' rating on ₹425 Cr bank facilities, reflecting stable credit quality and access to low-cost capital.
- Interarch Building Solutions/Order Win↓ (OPPORTUNITY)◆
Secured a ₹165 Cr order for pre-engineered steel buildings, with a 15-month execution timeline, boosting order book visibility.
- Grasim Industries/Subsidiary Capital Infusion↓ (OPPORTUNITY)◆
Invested ₹2,880 Cr in Aditya Birla Capital via preferential issue, supporting ABCL's growth objectives (PAT ₹3,764 Cr, net worth ₹34,423 Cr).
- Manappuram Finance/ESOP Grant↓ (OPPORTUNITY)◆
Granted 428,568 stock options under ESOP 2025, aligning employee interests with shareholders, though the deferred NCD raise (₹1,00,000 Cr) needs monitoring.
Sector Themes (6)
- Capital Returns via Buybacks (POSITIVE)◆
Kajaria Ceramics' buyback approval (97.82% in favor) highlights a trend of companies returning capital to shareholders, signaling confidence in intrinsic value.
- Governance and Shareholder Activism (NEGATIVE)◆
Family Care Hospitals' defeat of all RPT resolutions (82.13% against) and low voter turnout (0.95%) point to growing shareholder scrutiny and governance failures.
- Government Contract Wins (POSITIVE)◆
Multiple companies (Railtel, Ircon, We Win) secured large government orders, indicating a robust public sector capex cycle and providing revenue visibility.
- Insider Selling and Promoter Exit (NEGATIVE)◆
Parmax Pharma's promoter selling 99% of stake and Yash Highvoltage's fund selling 2.27% highlight a concerning pattern of insider exits in smaller companies.
- Financial Distress and Regulatory Scrutiny (NEGATIVE)◆
India Infraspace's delisting and qualified audit, Quadrant Televentures' CIRP, and Ambica Agarbathies' regulatory corrigendum signal heightened risk in companies with weak compliance.
- Strategic M&A and Forward Integration (MIXED)◆
Rashi Peripherals' acquisition of VDA Infosolutions and Maximus International's 40% stake in Quebec Petroleum reflect a trend of companies expanding into higher-value segments.
Watch List (8)
- 👁
11th CoC meeting approved bid challenge process. Watch for resolution plan submissions and potential recovery for creditors.
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Watch for capital raise announcements and clinical trial data for NXP100 and NXP200, given the $1.421B milestone potential.
- 👁
Monitor if the revenue surge translates into positive operating cash flow and deficit reduction in Q2 2026.
- Rashi Peripherals/VDA Integration↓ (MEDIUM)👁
Watch for Q1 FY27 results to see if VDA's revenue decline reverses and if the ₹368.5 Cr acquisition yields expected synergies.
- Kajaria Ceramics/Buyback Execution↓ (MEDIUM)👁
The tender offer buyback at ₹1,380/share will be executed. Monitor the acceptance ratio and post-buyback price action.
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Watch for SAT decision on relisting and resolution of the qualified audit issues (missing audit trail, unconfirmed balances).
- 👁
Monitor shareholder vote on the BIG3 merger and post-merger stock performance, given the risky SPAC market.
- 👁
Watch for any board changes or regulatory action following the defeat of all RPT resolutions and extremely low voter turnout.
Filing Analyses
(50)
23-06-2026
Incon Engineers Ltd. has published its 56th Annual Report for FY 2025-2026 and will hold its AGM on July 16, 2026. Key proposals include authorizing material related party transactions up to ₹20.00 crore, seeking shareholder approval to sell or redevelop its 2.11-acre industrial land in Uppal, Hyderabad under the HILTP policy, and authorizing loans/investments up to ₹50 Crore. The filing does not disclose financial performance figures, so no revenue, profit, or segment trends are available.
- · AGM scheduled for July 16, 2026 at 10:00 AM at registered office in Uppal, Hyderabad.
- · Register of Members and Share Transfer books closed from June 11, 2026 to July 16, 2026.
- · Special resolution sought to authorize sale/lease/disposal of land under Section 180(1)(a) and Regulation 37A of SEBI LODR.
- · Special resolution sought to authorize loans/investments up to ₹50 Crore under Section 186.
- · Special resolution sought to authorize loans/guarantees to director-interested entities up to ₹50 Crore under Section 185.
- · Dr. B. Neeta Kumari retires by rotation and offers herself for re-appointment.
- · No financial performance data (revenue, profit, margins) is disclosed in this filing.
23-06-2026
Kajaria Ceramics Limited has successfully passed a special resolution via postal ballot to buy back up to 21,50,000 equity shares at ₹1,380 per share, aggregating up to ₹296.70 crore, through a tender offer. The resolution received overwhelming shareholder support with 97.82% of valid votes in favor (125,049,377 votes) and only 2.18% against (2,781,845 votes), reflecting strong investor confidence in the buyback initiative.
- · The buyback is for up to 21,50,000 equity shares, representing 1.35% of the existing paid-up equity share capital.
- · The buyback price is ₹1,380 per share, with a maximum aggregate consideration of ₹296.70 crore.
- · The special resolution was passed on June 22, 2026, with the e-voting period from May 24, 2026 to June 22, 2026.
- · The record date for determining eligible shareholders was May 18, 2026.
- · Pre-buyback shareholding: Promoters & Promoter Group held 47.69% (7,59,55,231 shares), Foreign Investors 12.23%, Financial Institutions/Banks/Mutual Funds 26.02%, and Others 14.06%.
- · The resolution was passed with 97.82% of valid votes in favor, indicating strong shareholder support.
- · The company will ascertain the post-buyback shareholding pattern after completion of the buyback.
23-06-2026
Surbhit Mukesh Shah, Amit Mukesh Shah, and Dhruvalkumar Patel (collectively 'Acquirers') have launched an open offer to acquire up to 28,90,100 equity shares (26% of expanded capital) of Rekvina Laboratories Ltd at ₹10 per share, payable in cash. The offer opens on July 1, 2026 and closes on July 14, 2026. The offer is not conditional on minimum acceptance, but is subject to certain approvals and conditions precedent under the SEPA.
- · The offer is made under Regulations 3(2) and 4 of SEBI (SAST) Regulations, 2011.
- · The identified date for determining shareholders to whom the LOF will be sent is June 16, 2026.
- · The offer is not a competing offer and no competing offer exists as of the LOF date.
- · Shares held by persons other than promoters that are under lock-in are not permitted to be tendered.
- · The Acquirers may revise the offer price up to one working day before the tendering period commences.
- · The consummation of the underlying transaction is subject to conditions precedent including in-principle stock exchange approval for preferential allotment.
- · The offer may be withdrawn if conditions precedent are not met or if required approvals are refused.
23-06-2026
Yash Highvoltage Limited has called an Extraordinary General Meeting (EGM) on July 15, 2026 to seek shareholder approval for a preferential issue of up to 12,62,131 equity shares and 8,32,177 equity warrants at ₹721 each, aggregating to ₹150,99,96,068 (₹150.99 Cr). The issue is targeted at non-promoter entities including Malabar India Fund (warrants worth ₹59.99 Cr) and ValueQuest India G.I.F.T Fund (equity shares worth ₹28.99 Cr). The move is aimed at raising capital from institutional and high-net-worth investors, but the filing does not disclose any specific use of proceeds or prior-period financial performance for comparison.
- · The EGM will be held via Video Conference on July 15, 2026 at 5:00 PM IST.
- · Cut-off date for determining members eligible for remote e-voting is July 8, 2026.
- · Remote e-voting period runs from July 12, 2026 (9:00 AM IST) to July 14, 2026 (5:00 PM IST).
- · The relevant date for pricing under SEBI ICDR Regulations is June 15, 2026.
- · Warrant holders must pay at least 25% of the issue price on allotment; the remaining 75% is due upon conversion within 18 months.
- · Equity shares and shares on warrant conversion will rank pari passu with existing shares.
- · Lock-in provisions apply as per SEBI ICDR Regulations.
- · No prior-period financial data or use of proceeds is disclosed in this filing.
23-06-2026
Ircon International Limited, in a joint venture with M/s Badri Rai & Company (BRC) as lead partner (74% share), has received a Letter of Award from Tripura State Electricity Corporation Limited (TSECL) for a works contract valued at ₹763,10,28,794 (including 18% GST). The project involves design, supply, erection, and commissioning of underground power cable networks, smart grid applications, and related systems in Agartala Municipality Area, Tripura, with a completion period of 24 months. Ircon's share of the contract is ₹198,40,67,486.40 (26% of the total).
- · The joint venture ratio is 26:74 (Ircon:BRC), with BRC as the lead partner.
- · The contract includes design, engineering, manufacture, assembly, inspection, testing, packing, supply, delivery, erection, testing, and commissioning of underground power cable networks and smart grid systems.
- · The project also includes integration with third-party IT applications (Billing, ERP, CIS) and establishment of a Smart Grid Control Centre (Main & Backup).
- · The order was awarded by a domestic entity (TSECL) and does not involve related party transactions or promoter group interest.
- · The event date and time of the award is 22nd June 2026 at 2244 Hrs.
23-06-2026
Graf Global Corp. (GRAF-WT) filed a 425 communication on June 23, 2026, regarding its proposed business combination with BIG3 HoldCo LLC, the operator of the BIG3 basketball league, at a $290 million valuation. The filing includes a Yahoo! Finance interview with BIG3 co-founder Jeff Kwatinetz and a Front Office Sports article. While BIG3 highlights strong ratings growth (up over 25% last year) and a unique fan-investor model, the league faces challenges including NBA ownership restrictions that have hampered fundraising, and the SPAC merger market remains risky with only 19 completed mergers in 2026 and many post-merger stock declines.
- · BIG3 ratings are bigger than NHL and MLS, according to Kwatinetz.
- · BIG3 games are broadcast on CBS every weekend, with BET reruns in primetime on Monday evenings and streaming on Fubo Sports Network.
- · BIG3 has a streaming deal in China with Migu Video Co.
- · Player salaries are not public; there are standardized salary tiers with captains earning the same amount.
- · Players earn 50% of league net profits after playoffs.
- · NBA prohibits its team owners from investing in BIG3, calling it a 'competing league'.
- · U.S. Department of Justice launched an investigation in 2023 into NBA's anticompetitive practices regarding BIG3; status unclear.
- · Graf Global Corp. held its IPO in 2024, raising $200 million.
- · SPAC IPOs in 2026 are at highest number since 2021 (108), but only 19 mergers completed.
- · University of Florida professor Jay Ritter notes that many SPAC mergers see 'big price drops soon thereafter' but believes BIG3 'has a chance to be successful'.
23-06-2026
Ambica Agarbathies & Aroma Industries issued a corrigendum to its Extraordinary General Meeting (EGM) notice, originally sent on June 5, 2026, to amend the explanatory statement regarding a preferential issue of 8,48,600 equity shares at ₹25 each. The corrigendum, required by NSE and BSE, updates the pricing formula details, clarifies that proceeds of ₹2,12,15,000 will be used for working capital within three months of allotment, and lists four proposed allottees who will each receive 2,12,150 shares (1.177% post-issue). The EGM remains scheduled for June 30, 2026.
- · The corrigendum was issued in response to requirements letters from NSE and BSE regarding the company's application for in-principle approval for the preferential issue.
- · The floor price was determined as the higher of the 90-day VWAP (₹24.86) and the 10-day VWAP (₹23.54), resulting in an issue price of ₹25 per share.
- · A pricing certificate from M/s. P S Rao & Associates, Practising Company Secretaries, is available on the company's website.
- · The EGM is scheduled for June 30, 2026 at 11:00 AM at the Registered Office in Eluru, Andhra Pradesh.
- · All other contents of the original EGM Notice remain unchanged except as modified by this corrigendum.
23-06-2026
Family Care Hospitals Limited announced that all four ordinary resolutions seeking approval for related party transactions with Onelife Capital Advisors Limited, Dealmoney Commodities Private Limited (merged with Dealmoney Securities Private Limited), Dealmoney Distribution And E-Marketing Private Limited, and Sarsan Securities Private Limited for FY 2026-27 were defeated by shareholders. Each resolution received only about 17.87% votes in favor versus 82.13% against, with total valid votes polled of 501,960 representing a mere 0.95% of the company's 53,050,874 outstanding shares. The resolutions were not passed with the requisite majority.
- · Promoter and promoter group did not vote on any resolution, despite being interested in the agenda.
- · Public institutional shareholders (48,000 shares) did not vote at all.
- · Only 71 out of 43,746 shareholders participated in the voting.
- · One member abstained from voting on each resolution (50 votes abstained).
- · No invalid votes were recorded.
- · The scrutinizer's report was issued on June 22, 2026, and the results were filed on June 23, 2026.
- · The record date for determining eligible members was May 8, 2026.
23-06-2026
FMC Corp entered into Amendment No. 7 to its Fifth Amended and Restated Credit Agreement to permit a lien on its Rimi IP (related to the Rimisoxafen molecule) in favor of Corteva Agriscience LLC, securing a contingent refund obligation of up to $200M in connection with a supply and license agreement (Corteva Transaction). The required lenders also authorized the release of the Rimi IP from the existing collateral pool and agreed to re-grant liens upon termination of the Corteva lien. No financial or performance metrics were disclosed; the filing solely relates to amending credit agreement terms.
- · The amendment was executed on June 16, 2026 and filed as an 8-K on June 23, 2026.
- · The license and supply agreement with Corteva includes a contingent obligation for FMC to refund all or part of the $200M payment if certain milestones are not achieved.
- · The amendment required approval from the Required Lenders (not necessarily all lenders).
- · If FMC fails to re-perfect liens on the Rimi IP within 10 business days after termination/release of the Corteva lien, it constitutes an Event of Default.
- · The amendment adds Schedule V to the Credit Agreement, identifying the Rimi IP.
- · No financial results or operational metrics are provided in this filing.
23-06-2026
The Fund is holding its annual meeting on July 30, 2026, to elect three directors (Proposal 1) and ratify Ernst & Young LLP as independent auditor (Proposal 2). All three incumbent directors are standing for re-election; former Chairman Enrique Vila del Corral resigned effective December 31, 2025, and Miguel R. Venta succeeded him as Chairman and Director on January 1, 2026. On the record date, there were 2,130,340 Class A shares and 36,171 Class C shares outstanding, with major holders being National Financial Services (1,447,221 A shares), Pershing (413,778 A shares), and Merrill Lynch (248,305 A shares).
- · Quorum is set at one-third of outstanding Class A and Class C shares voting together as a single class.
- · Each share is entitled to one vote per full share and fractional votes for fractional shares.
- · Major record holders: National Financial Services (1,447,221 A; 588 C shares), Merrill Lynch (248,305 A), Wells Fargo (21,036 A), Pershing (413,778 A; 35,583 C).
- · Director election requires a plurality vote; auditor ratification requires majority of votes present.
- · Proxy solicitation will be done by mail, telephone, or in person; costs are borne by the Fund.
- · Shareholders may revoke proxies by attending the meeting or submitting a later-dated proxy before July 30, 2026.
23-06-2026
EagleRock Land, LLC reported a strong turnaround for Q1 2026, with net income of $3.4M compared to a net loss of $1.1M in Q1 2025, driven by a 226% surge in total revenues to $23.1M, primarily from water sales. However, operating cash flow turned negative at -$2.4M versus positive $0.2M a year ago, and total assets declined slightly from $282.0M to $281.7M, while the company remains deeply in deficit with a members' deficit of $38.4M.
- · Water sales surged to $18.7M in Q1 2026 from $4.5M in Q1 2025, a 315% increase.
- · Surface and other revenues grew to $4.3M from $2.6M, up 65.7%.
- · Cost of sales (exclusive of D&A) increased to $4.9M from $1.9M, up 160.9%.
- · General and administrative expense rose to $4.6M from $1.0M, up 342.9%.
- · Depreciation and amortization expense increased to $4.6M from $1.4M, up 229.5%.
- · Gain on investment in sales-type lease of $3.3M in Q1 2026 (none in prior year).
- · Interest expense more than doubled to $5.8M from $2.7M.
- · Cash paid for interest was $8.3M in Q1 2026 vs $2.5M in Q1 2025.
- · Deferred offering costs increased to $4.9M from $1.5M.
- · Net cash used in financing activities was $3.8M vs $3.8M provided in prior year.
- · Total cash, cash equivalents and restricted cash decreased to $4.4M from $9.3M at start of period.
- · Long-term debt - related party decreased slightly to $289.0M from $294.6M.
- · The company had 1,195 common units outstanding in both periods, up from 1,000 a year ago.
23-06-2026
Nuvectis Pharma announced a strategic portfolio expansion via a license agreement with Haisco Pharmaceutical Group for exclusive ex-China rights to two clinical-stage compounds: NXP100 (a once-daily oral Complement Factor B inhibitor for complement-mediated diseases) and NXP200 (a brain-penetrant paradox-breaker BRAF inhibitor for BRAF-mutated malignancies). The deal includes upfront and near-term payments of up to $40 million, potential milestone payments up to $1.421 billion, and tiered royalties. While NXP100 has shown superior efficacy over eculizumab in Phase 3 PNH trials (59.5% vs 8.3% achieving hemoglobin normalization), the company faces significant financing conditions to meet capital requirements for development, and both compounds are still in clinical stages with no FDA approvals.
- · NXP100 composition of matter patents expire in 2043; NXP200 patents expire in 2042.
- · NXP200 demonstrated a >40% response rate in low- and high-grade adult glioma, including one Complete Response.
- · NXP200 is currently in a Phase 1b study in China; a second-generation salt form shows improved PK and greater clinical activity.
- · Haisco retains rights for NXP100 in India and certain Southeast Asia territories.
- · The agreement is subject to financing conditions that Nuvectis must meet to ensure sufficient capital for development.
- · Fabhalta (iptacopan) is the only FDA-approved Complement Factor B inhibitor, with approvals in PNH, IgAN, and C3G.
- · NXP100 is administered once daily vs Fabhalta's twice-daily dosing.
- · Nuvectis will hold a conference call on June 22, 2026 at 8:30 AM ET.
23-06-2026
23-06-2026
Rashi Peripherals Limited (RPTech) announced the acquisition of a 67% equity stake in VDA Infosolutions Private Limited for a cash consideration of INR 368.50 Crore, with a plan to acquire the remaining 33% in three annual tranches by August 2029. The acquisition is a forward integration into enterprise technology and digital infrastructure solutions. Additionally, the Board recommended the re-appointment of Deloitte Haskins & Sells LLP as statutory auditors for a second term of five years. While VDA's revenue grew strongly from INR 772 Crore in FY24 to INR 1035 Crore in FY25, it declined to INR 850 Crore in FY26, indicating recent performance volatility.
- · VDA Infosolutions was established in 2010 and has pan-India presence.
- · The acquisition is not a related party transaction.
- · No governmental or regulatory approval is required for the acquisition.
- · The remaining 33% stake will be acquired in three equal annual tranches of 11% each by 31 August 2027, 31 August 2028, and 31 August 2029.
- · Deloitte Haskins & Sells LLP is proposed to be re-appointed for a second term of 5 years from the 37th AGM in 2026 to the 42nd AGM in 2031.
23-06-2026
Lloyds Enterprises Limited, a promoter of Lloyds Engineering Works Limited, has released a pledge on 2,30,00,000 equity shares of the target company, which was effected on June 16, 2026. The release was executed under a Loan Against Securities Agreement with Tata Capital Limited, reducing the promoter's encumbered shares from 8,90,00,000 to 6,60,00,000. This action is part of prudent financial management while maintaining lender protection.
- · The release of pledge was executed under a Loan Against Securities Agreement with Tata Capital Limited.
- · Post-release, the promoter's encumbered shares stand at 6,60,00,000 (13.65% of total share capital), down from 8,90,00,000 (18.41%) before the event.
- · The promoter's total holding in the target company is 48,33,26,722 shares, representing 32.66% of total share capital and 32.37% on a diluted basis.
- · The filing was made on June 22, 2026, with the event date being June 16, 2026.
23-06-2026
Zuari Agro Chemicals Limited has issued a Postal Ballot Notice seeking shareholder approval for two key resolutions: the appointment of Mr. Nitin M. Kantak as Managing Director for a one-year term (3 Sep 2026 to 2 Sep 2027) with specified monthly remuneration, and the appointment of Mr. Pramod Kumar Gupta as a Non-Executive Non-Independent Director. The e-voting period runs from 24 June 2026 to 23 July 2026, with results announced on 24 July 2026. The filing contains no financial performance data, so no period-over-period comparisons are available.
- · The e-voting period commences on Wednesday, 24 June 2026 at 10:00 AM IST and ends on Thursday, 23 July 2026 at 5:00 PM IST.
- · The cut-off date for determining eligible members is Friday, 19 June 2026.
- · Mr. Nitin M. Kantak's appointment as Managing Director is for a period of 1 year from 3 September 2026 to 2 September 2027.
- · Mr. Pramod Kumar Gupta was appointed as an Additional Director (Non-Executive Non-Independent) with effect from 17 June 2026 and his regular appointment is now being sought via ordinary resolution.
- · The resolutions, if passed, will be deemed effective on Thursday, 23 July 2026 (last date of e-voting).
- · The results of the postal ballot will be announced on Friday, 24 July 2026.
23-06-2026
Sattrix Information Security Limited has secured a purchase order worth approximately ₹13.00 Lakh from a leading Indian IT hardware, electronics manufacturing and solutions company. The order is for implementing a Digital Personal Data Protection Act (DPDPA) compliance solution, with a milestone-based execution timeline of approximately 11 months. The order is domestic, involves supply of services, and is not a related party transaction.
- · The contract is milestone-based with three phases (Phase 1, Phase 2, Phase 3) followed by final sign-off, project closure and handover.
- · Execution is subject to completion and acceptance of agreed deliverables at various stages.
- · The order is from a domestic entity and does not involve any promoter/group company interest or related party transaction.
23-06-2026
Harish Kiritbhai Sheth, a promoter of Setco Automotive Limited, released 2,816,000 equity shares (2.11% of total capital) from encumbrance on June 18, 2026, which were previously pledged in favor of India Resurgence Fund (managed by India Resurgence Asset Management Business Private Limited) and Vistra ITCL (India) Limited as Debenture Trustee against NCDs issued by Setco Automotive. Post-release, his remaining encumbered shares stand at 81,575 (0.06% of total capital), indicating a significant reduction in pledged promoter holdings. However, the filing does not provide any financial performance data, so no period-over-period comparisons are available.
- · The release of encumbrance occurred on June 18, 2026, and was reported on June 22, 2026.
- · Harish Kiritbhai Sheth's total promoter holding is 28,97,575 shares (2.17% of total capital).
- · Other promoters (Urja Harshal Shah, Sneha Harish Sheth, Udit Harish Sheth, Harish Kiritbhai Sheth HUF, Setco Engineering Pvt. Ltd., TransStadia Enterprises Private Limited) have no encumbered shares as of the reporting date.
- · The release was made against NCDs issued by Setco Automotive Limited.
23-06-2026
Laxmipati Engineering Works Limited has issued the notice for its 15th Annual General Meeting (AGM) to be held on July 17, 2026, via video conferencing. The meeting will consider the adoption of audited financial statements for FY2025-26, the reappointment of Executive Director Rakesh Govindprasad Sarawagi, and a special resolution to enhance borrowing limits to Rs. 200 crore over paid-up capital and free reserves. No financial performance figures or period-over-period comparisons are provided in this filing.
- · AGM will be held on Friday, July 17, 2026 at 11:00 AM IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM).
- · Cut-off date for determining voting rights is July 10, 2026.
- · Remote e-voting facility is provided by CDSL; members who vote remotely cannot vote again at the AGM.
- · Proxy facility is not available for this AGM.
- · The company's registered office is in Surat, Gujarat (CIN: L35111GJ2012PLC068922).
23-06-2026
23-06-2026
Interarch Building Solutions Limited has secured a domestic order worth approximately ₹165 Crore plus taxes for design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system. The order is to be completed within approximately 15 months, with a 10% advance against an advance bank guarantee. The customer's name is withheld due to confidentiality.
- · 10% advance against advance bank guarantee
- · Order is domestic
- · No promoter/group interest in the awarding entity
- · Not a related party transaction
23-06-2026
23-06-2026
Mrs. Bectors Food Specialities Limited has clarified that a news item regarding a CCPA penalty of Rs. 1 Lakh for misleading '100% whole wheat' claims on its bread products is not material. The company argues the CCPA misinterpreted the labeling, as '100% Atta' refers only to the flour source, and notes the actual atta content is 87% (above the 75% minimum). The company has voluntarily decided to discontinue the '100% Atta' descriptor within six months and is planning to appeal the order. The penalty is below the Rs. 10 Lakh threshold requiring immediate disclosure, so it will be reported on a quarterly basis.
- · The CCPA order was dated June 9, 2026.
- · The company had already filed an application with FSSAI on May 9, 2026, voluntarily agreeing to discontinue the '100% Atta' descriptor within six months.
- · The company is seeking legal advice to challenge the CCPA order and file an appeal under the Consumer Protection Act, 2019.
- · The company states there is no material/financial impact from the article and no undisclosed price-sensitive information.
23-06-2026
Aimco Pesticides Ltd. is seeking shareholder approval via postal ballot for a related party transaction involving the sale of an immovable property to promoter and non-executive director Mrs. Tarlika Pradip Dave for an aggregate value of up to ₹4,77,60,000 (₹4.776 Cr). The remote e-voting period runs from June 24, 2026 to July 23, 2026, with results expected within two working days thereafter. The transaction is at arm's length but not in the ordinary course of business, requiring ordinary resolution approval under Section 188 of the Companies Act, 2013.
- · Cut-off date for determining eligible members: June 19, 2026.
- · Scrutinizer appointed: M/s. SPRS And Co. LLP, Company Secretaries.
- · Resolution type: Ordinary Resolution.
- · Transaction is not in the ordinary course of business but at arm's length.
- · Postal ballot notice dated May 28, 2026.
23-06-2026
Acquirer Varun Satyanarayan Kabra and PAC member Jyoti Varun Kabra each acquired 229,500 shares of Plastiblends India Limited from Kolsite Corporation LLP (which sold 459,000 shares) in open-market transactions between June 17-22, 2026. Post-acquisition, the promoter/promoter group collectively holds 62.81% of the company's total voting capital, unchanged from pre-acquisition levels due to the internal transfer. The overall promoter shareholding remained flat at 62.81% with no net change, while individual holdings shifted slightly.
- · Individual holdings shifted: Varun Satyanarayan Kabra increased from 28.85% to 29.74%, Jyoti Varun Kabra increased from 5.26% to 6.15%, while Kolsite Corporation LLP reduced from 11.92% to 10.16%.
- · No encumbered shares, non-voting rights, or convertible instruments were involved in the transaction.
- · The acquisition was conducted in the open market over five trading days (June 17–22, 2026).
23-06-2026
Mahamaya Steel Industries Limited has been assigned a credit rating of BWR BBB+/Stable (Long Term) and BWR A2 (Short Term) by Brickwork Ratings India Private Limited for its bank facilities aggregating Rs.51.47 Crore. The rating covers fund-based facilities of Rs.51.47 Crore (including Cash Credit of Rs.50.00 Crore and GECL 2.0 outstanding of Rs.1.47 Crore) and a non-fund based sub-limit of Rs.15.00 Crore (LC/BG). The rating is valid for twelve months and reflects a stable outlook, though the company must submit monthly No Default Statements to avoid being categorized as 'Issuer Not Co-operative'.
- · The rating is valid for twelve months from the date of communication (22 June 2026).
- · The GECL 2.0 outstanding as on 2nd June 2026 is Rs.1.47 Crore against a sanctioned amount of Rs.7.00 Crore.
- · Non-submission of No Default Statement for three consecutive months will result in migration to 'Issuer Not Co-operative' category within 5 working days.
- · The company is an approved supplier to BSP, BHEL, DGS&D, DMRC, SAIL, RIL, NTPC, SEBs, RDSO, CORE, ONGC, GAIL, EIL.
23-06-2026
23-06-2026
On June 22, 2026, promoter group seller Pradeep Ramniklal Gosalia disclosed the disposal of 3,00,000 equity shares (8.02% of voting capital) of Parmax Pharma Limited, reducing his holding from 8.09% to just 0.07%. The sale was executed on June 18, 2026, via a share purchase agreement, and was filed under Regulation 29(2) of the SEBI Takeover Regulations.
- · The sale was executed via a Share Purchase Agreement between Rupa Sunil Shah and Abhay Chinubhai Shah.
- · The transaction date was June 18, 2026.
- · The total diluted voting capital of the company remained unchanged at 37,41,300 shares (₹3,74,13,000 face value).
- · The seller did not hold any encumbered shares, convertible securities, or voting rights other than via shares before or after the sale.
23-06-2026
23-06-2026
O. P. Chains Limited disclosed an inter-se transfer of shares among its Promoter Group, with Mr. Satish Kumar Goyal acquiring a total of 2,751,100 shares (40.1474% of equity) from five transferors, including Ashok Kumar Goyal (1,382,000 shares, 20.1752%), Kusum Agarwal (972,100 shares, 14.1912%), Moon Goyal (246,000 shares, 3.5912%), Shobhik Goyal (100,000 shares, 1.4599%), and Mohit Goyyal (50,000 shares, 0.7299%). The transfer is exempt under SEBI SAST Regulations as it is among immediate relatives and qualifying persons, and the aggregate promoter group holding remains unchanged before and after the transaction.
- · The transfer is exempt under Regulation 10(1)(a)(i) and (ii) of SEBI SAST Regulations as it is among immediate relatives and qualifying persons named as promoters for at least three years.
- · The aggregate holding of the Promoter and Promoter group remains the same before and after the transaction.
- · The proposed transaction date is on or after 29th June 2026.
23-06-2026
23-06-2026
Negen Undiscovered Value Fund (NUVF) and YR Investment Opportunities Fund (YRIOF), along with PAC Neil Madan Bahal, sold 6,49,000 equity shares (2.27% of voting capital) of Yash Highvoltage Limited between August 18, 2025 and June 17, 2026, reducing their aggregate holding from 5.73% to 3.46%. The sale was executed in the open market and triggered a disclosure under SEBI Takeover Regulations due to a change exceeding 2% of total shareholding.
- · The sale was executed in the open market over a period from August 18, 2025 to June 17, 2026.
- · NUVF sold 4,63,750 shares and YRIOF sold 1,85,250 shares; Neil Madan Bahal did not sell any shares.
- · Post-sale, NUVF holds 6,80,028 shares (2.38%), Neil holds 2,76,912 shares (0.97%), and YRIOF holds 29,750 shares (0.10%).
- · The diluted share/voting capital of the target company after the sale is 2,96,93,249 shares.
- · The disclosure is made under Regulation 29(2) of SEBI Takeover Regulations due to a change exceeding 2% of total shareholding.
23-06-2026
23-06-2026
Vikran Engineering Limited has informed the stock exchanges about a scheduled one-on-one meeting with Sahasrar Capital on June 30, 2026. The meeting will be based on generally available information and not on unpublished price sensitive information.
- · Meeting scheduled for Tuesday, 30th June 2026
- · Mode: In person, One on one meeting
- · Participant: Sahasrar Capital
- · Discussions will not involve unpublished price sensitive information
- · Information also available on company website at vikrangroup.com
23-06-2026
B & A Ltd. has announced its Annual General Meeting (AGM) for the financial year ended March 31, 2026, to be held on July 30, 2026, at Kaziranga Golf Club Resort, Jorhat, Assam. The company has fixed July 23, 2026, as the cut-off date for e-voting eligibility, and the register of members will remain closed from July 24 to July 30, 2026.
- · AGM date: July 30, 2026 at 10:00 AM IST
- · Cut-off date for e-voting: July 23, 2026
- · E-voting period: July 27, 2026 (10:00 AM IST) to July 29, 2026 (5:00 PM IST)
- · Book closure: July 24, 2026 to July 30, 2026 (both days inclusive)
23-06-2026
Grasim Industries acquired an additional 8,08,94,331 equity shares in its material listed subsidiary, Aditya Birla Capital Limited (ABCL), through a preferential issue for an aggregate consideration of Rs. 28,79,99,99,722.62. This increased Grasim's holding from 52.27% to 52.30% on a fully diluted basis. The investment of up to Rs. 2,880 crore is aimed at meeting ABCL’s growth objectives, including capital augmentation and loan repayment, but the post-issue stake increase is marginal (just 0.03 percentage points).
- · ABCL reported a consolidated PAT of ₹3,764.49 crore for the year ended March 31, 2026.
- · ABCL's net worth as of March 31, 2026, stood at ₹34,423.11 crore.
- · ABCL is a Non-Banking Financial Company (NBFC) incorporated on 15th October 2007, with registered office in Veraval, Gujarat.
- · ABCL’s consolidated turnover for FY2024 was ₹33,940.84 crore, FY2025 ₹40,589.98 crore, and FY2026 ₹45,508.98 crore.
- · The preferential issue complies with Chapter V of SEBI (ICDR) Regulations, 2018, and is an exempted related party transaction under SEBI (LODR) Regulations.
- · The acquisition consideration is entirely in cash.
- · The completion of the acquisition is expected within the next 5 working days from the filing date.
23-06-2026
Quadrant Televentures Limited, undergoing Corporate Insolvency Resolution Process (CIRP) since NCLT order dated September 2, 2025, held its Eleventh Committee of Creditors (CoC) meeting on June 11, 2026. All four resolutions put to e-vote were approved with 81.83% voting in favor, including ratification of the bid challenge process, CIRP costs, appointment of a cost auditor, and extension of the deadline for submission of resolution plans. The required voting thresholds (51% or 66%) were comfortably exceeded, indicating strong creditor consensus.
- · The company has been under CIRP since NCLT order dated September 2, 2025.
- · The Eleventh CoC meeting was convened on June 11, 2026, with e-voting concluded per IBBI CIRP Regulations.
- · All four resolutions were approved with 81.83% voting in favor, exceeding the required thresholds of 51% or 66%.
- · The resolutions included ratification of the bid challenge process, CIRP costs, appointment of a cost auditor, and extension of the resolution plan submission deadline.
23-06-2026
Hindustan Oil Exploration Company Limited has issued a Postal Ballot Notice dated June 11, 2026, seeking shareholder approval via special resolution for the appointment of Ms. Preeti Grover (DIN: 00128513) as a Non-Executive Independent Director for a five-year term from May 12, 2026 to May 11, 2031. The remote e-voting period runs from June 24, 2026 to July 23, 2026, with the cut-off date for eligibility being June 19, 2026. The notice is being sent only through electronic mode in compliance with MCA Circulars, and no physical copies are being dispatched.
- · The special resolution seeks appointment of Ms. Preeti Grover as Non-Executive Independent Director for five consecutive years from May 12, 2026 to May 11, 2031.
- · Ms. Grover was appointed as an Additional Director (Non-Executive Independent) with effect from May 12, 2026 by the Board based on recommendations of the Nomination & Remuneration Committee.
- · Remote e-voting period: 9:00 a.m. (IST) on June 24, 2026 to 5:00 p.m. (IST) on July 23, 2026.
- · Cut-off date for determining eligible members: June 19, 2026.
- · The Company has appointed M/s. S. Sandeep & Associates, Practicing Company Secretaries, as Scrutinizer for the e-voting process.
- · The Postal Ballot Notice is available on the Company's website (www.hoec.com), stock exchange websites (www.bseindia.com, www.nseindia.com), and CDSL's e-voting platform (www.evotingindia.com).
- · Members who have not registered their e-mail addresses are requested to do so with their Depository Participant or the Registrar & Share Transfer Agent.
23-06-2026
Maruti Interior Products Limited has informed the stock exchange that a Board Meeting will be held on June 26, 2026, to consider and approve the allotment of equity shares to eligible employees under the ESOP 2023 scheme. The meeting will also address incidental matters related to the implementation of the ESOP. No financial results or other major corporate actions are on the agenda.
- · Board Meeting date: June 26, 2026
- · Meeting location: Registered office at Plot No 13 Survey No 236 Krishna Ind Estate, Tal. Kotda Sangani, Veraval (Shapar) 360024, Gujarat
- · Agenda includes allotment of equity shares under ESOP 2023 and related incidental matters
- · Investor grievances contact: Mr. Nirmal Lunagaria at compliance@mipl-india.com
- · Scrip Code: 543464
23-06-2026
Fine-Line Circuits Ltd. has issued a public notice regarding a special window for re-lodgement of transfer requests of physical shares, as per SEBI circulars. The window is open from February 5, 2026 to February 4, 2027, allowing investors to re-lodge previously rejected or returned transfer deeds. The notice also includes unrelated public notices from other entities (Kohinoor Education Trust, B&A Packaging, Ador Welding) that are not part of Fine-Line's filing.
- · The special window for re-lodgement of transfer requests of physical shares is open from February 5, 2026 to February 4, 2027.
- · The notice is issued under Regulation 30 of SEBI Listing Regulations.
- · The company's Registrar and Share Transfer Agent is MUFG Intime India Private Limited.
- · The filing includes unrelated public notices from other entities (Kohinoor Education Trust, B&A Packaging, Ador Welding) that are not part of Fine-Line Circuits Ltd.'s disclosure.
23-06-2026
Kitex Garments Limited announced that the National Company Law Tribunal (NCLT), Kochi Bench, has directed the convening of meetings of equity shareholders and unsecured creditors to consider and approve a Scheme of Arrangement involving the demerger of Kitex Childrenswear Limited (Demerged Company) into Kitex Garments Limited (Resulting Company). The meetings will be held on July 24, 2026 via video conferencing, with remote e-voting from July 20 to July 23, 2026. The filing provides procedural details but does not include any financial data or performance metrics, so no positive or negative trends can be assessed.
- · The NCLT order directing the meetings was dated January 22, 2026.
- · Equity shareholder meeting: July 24, 2026 at 11:00 AM IST; Unsecured creditors meeting: same day at 2:30 PM IST.
- · Remote e-voting period: July 20, 2026 (9:00 AM) to July 23, 2026 (5:00 PM).
- · Cut-off date for equity shareholders to vote: July 17, 2026; for unsecured creditors: March 31, 2026.
- · Notices sent via email to shareholders with registered email as of May 29, 2026, and by post to those without.
23-06-2026
GM Breweries Limited has informed the stock exchanges that a Board Meeting will be held on July 9, 2026, via audio-visual means, to consider and take on record the unaudited financial results for the quarter ending June 30, 2026. The meeting is scheduled in compliance with SEBI Listing Regulations.
- · Board meeting scheduled for July 9, 2026 at 11:30 AM via audio-visual means.
- · Agenda includes consideration of unaudited financial results for the quarter ending June 30, 2026.
- · Company's registered office is at Ganesh Niwas, S. Veer Savarkar Marg, Prabhadevi, Mumbai-400 025.
- · CIN: L15500MH1981PLC025809
- · Scrip Code: GMBREW / 507488
23-06-2026
Maximus International Limited has executed a Share Purchase Agreement to acquire a 40% stake in Quebec Petroleum Resources Limited, a Vadodara-based lubricants manufacturing and petroleum products distribution company with over 20 years of presence in India. The transaction is with Mr. Aniruddh Gandhi, a Non-Executive and Non-Independent Director and Substantial Beneficial Owner, making it a related party transaction, though it is stated to be on an arm's length basis. No financial terms or consideration amounts were disclosed in the filing.
- · The acquisition is for a 40% equity stake in Quebec Petroleum Resources Limited.
- · Quebec Petroleum Resources Limited is based in Vadodara, Gujarat.
- · The company has been in the Indian market for more than 20 years.
- · The transaction is classified as a related party transaction because Mr. Aniruddh Gandhi is a Non-Executive and Non-Independent Director and Substantial Beneficial Owner of Maximus International.
- · The agreement was executed on June 23, 2026, following a prior intimation on June 19, 2026.
- · No significant terms such as special rights, share subscription rights, or board appointment rights were disclosed (stated as 'Not Applicable').
- · No financial consideration or valuation details were provided in the filing.
23-06-2026
RailTel Corporation of India Ltd. has received a major purchase order from the Ministry of Railways for the upgradation of e-Office instances of Zonal Railways/Administrative Units to version 7.x and mandatory use of DSCs/eSign in the e-Office System. The estimated order size is ₹3,34,51,69,491 (excluding tax), with execution required by June 22, 2031. The order is domestic and does not involve related party transactions or promoter interest.
- · Order received on June 23, 2026 at 09:30 hours.
- · Execution deadline is June 22, 2031.
- · The order is domestic and not a related party transaction.
- · No promoter/promoter group/group companies have any interest in the awarding entity.
23-06-2026
Somany Ceramics Limited announced that CRISIL Ratings has reaffirmed its long-term bank facilities rating at 'CRISIL AA-/Stable' and short-term bank facilities rating at 'CRISIL A1+'. The total bank loan facilities rated amount to ₹425 Crore. The reaffirmation reflects stable credit quality with no change in outlook.
- · The rating letter is valid until March 31, 2027.
- · The company must avail proposed facilities within 180 days from the letter date (June 22, 2026) or obtain a fresh revalidation letter.
- · The long-term rating is 'CRISIL AA-/Stable' and short-term rating is 'CRISIL A1+'.
- · The largest single facility is the Proposed Fund-Based Bank Limits of ₹210 Crore.
- · Punjab National Bank has the highest Cash Credit limit at ₹75 Crore.
23-06-2026
India Infraspace Ltd filed a clarification with BSE regarding its audited standalone financial results for the year ended March 31, 2026, receiving a qualified audit opinion from its auditor. The company did not submit consolidated results because its subsidiary, Saurya Casting Private Limited, was dissolved on August 4, 2025. The auditor flagged significant issues including the absence of an audit trail in accounting software, missing bank statements for Union Bank of India, and unconfirmed balances in trade receivables (₹96 Lakh), unsecured loans (₹75.22 Lakh), and trade payables (₹78.37 Lakh), while also noting that the company's equity shares remain delisted with a relisting application pending before SAT.
- · The company's equity shares have been delisted from the stock exchange; a relisting application is pending before SAT.
- · The auditor's qualified opinion is based on the possible effects of missing audit trail, missing bank statements, and unconfirmed balances.
- · The subsidiary Saurya Casting Private Limited was dissolved effective August 4, 2025, making consolidated results not applicable.
- · The company submitted a Statement of Impact of Audit Qualifications as per SEBI circular format, with no changes to financial statements other than addition of tabular information.
23-06-2026
Kajaria Ceramics Limited announced that its special resolution to buy back up to 21,50,000 equity shares at ₹1,380 per share (aggregating up to ₹296.70 crore) has been approved by shareholders with 97.82% votes in favor. The buyback, representing 1.35% of the existing paid-up equity capital, will be conducted via the tender offer route. The resolution passed with overwhelming support, though 2.18% of valid votes were cast against it.
- · The e-voting period was open from May 24, 2026 to June 22, 2026.
- · Record date for entitlement to vote was May 18, 2026.
- · Promoter and promoter group voted unanimously in favor (100% of their 7,59,55,231 shares).
- · Public institutions voted 94.63% in favor and 5.37% against.
- · Public non-institutions voted 99.01% in favor and 0.99% against.
- · Total voter turnout was 80.26% of outstanding shares.
- · Pre-buyback promoter holding is 47.69%.
- · The scrutinizer's report was issued on June 23, 2026.
23-06-2026
Inter State Oil Carrier Ltd informed the stock exchange of the proceedings of a Postal Ballot (Notice dated May 11, 2026) seeking shareholder approval via special resolutions to increase borrowing limits under Section 180(1)(c), create charges on assets under Section 180(1)(a), and raise investment/loan/guarantee limits under Section 186 of the Companies Act, 2013. The remote e-voting period ran from May 24 to June 22, 2026; the final results are to be declared on or before June 24, 2026, and no voting outcomes are yet disclosed in this filing.
- · Three special resolutions were proposed: (1) increase borrowing limits under Section 180(1)(c), (2) create charges on movable/immovable properties under Section 180(1)(a), (3) raise investment/loan/guarantee/securities limits under Section 186.
- · Remote e-voting period: May 24, 2026 (9:00 AM IST) to June 22, 2026 (5:00 PM IST).
- · Cut-off date for member eligibility: Friday, May 15, 2026.
- · Notice dispatched via email on May 22, 2026; public advertisement published on May 23, 2026, in Business Standard (English) and Arthik Lipi (Bengali).
- · Results to be declared on or before June 24, 2026, and will be posted on www.isocl.in and www.evotingindia.com.
- · Scrutinizer appointed: Mr. Rantu Kumar Das (FCS 8437, CP 9671) of Rantu Das & Associates.
23-06-2026
The Board of Directors of Manappuram Finance Limited approved the grant of 4,28,568 stock options under the ESOP 2025 scheme to eligible employees and subsidiaries. The Board deferred the proposal to raise funds up to Rs.1,00,000 Crore via NCDs/Commercial Papers, pending shareholder approval at the AGM. Additionally, two senior management personnel were reclassified as non-SMP due to internal reporting realignments.
- · The Board meeting commenced at 11:30 a.m. and concluded at 12:35 p.m. on June 23, 2026.
- · The ESOP 2025 options have a vesting period of 1 to 5 years from grant date, and an exercise period of up to 5 years from each vesting.
- · The exercise price per option may be discounted up to 20% of the market price on the grant date.
- · Mr. Manikandan T.G. and Mr. Satheesh Kumar M. were removed from SMP classification due to internal reporting realignments (reporting to Group CTO and CHRO respectively).
23-06-2026
We Win Limited has received a work order from Madhya Pradesh Road Development Corporation (MPRDC) to serve as the Implementation Agency for enhancing the capabilities of the existing Accident Response System and Traffic Management Centre. The order is valued at ₹8,69,97,600 (₹8.70 Crore) exclusive of GST, with a base validity of three years and a possible two-year extension. No negative or flat performance metrics are present in this filing.
- · The work order is domestic, awarded by a Government of Madhya Pradesh Undertaking.
- · The order is not a related party transaction and does not involve promoter/group companies.
- · The contract may be extended for an additional period of up to two years based on satisfactory performance and mutual agreement.
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