DRC Systems India Fund Raise of ₹25 Cr

DRC Systems India Business Update

DRC Systems achieved CMMI Level 5 appraisal for its Software Development and Enterprise Solutions division. The milestone is a quality certification with no financial value disclosed.

DRC Systems India Q2 FY27 Results: Net Profit ₹4.1 Cr, Down 2.4% YoY

DRC Systems India Ltd reported revenue from operations of ₹21.3 Cr (-6.6% YoY) and net profit of ₹4.1 Cr (-2.4% YoY) for Q2 FY27.

Key figure

Net profit ₹4.1 Cr · -2.4% YoY

DRC Systems India Board Meeting Date

DRC Systems India Limited has scheduled a board meeting on October 26, 2026, to consider and approve the unaudited financial results for the quarter ended September 30, 2026.

DRC Systems India Merger & Restructuring Worth ₹1.02 Cr

DRC Systems India sold its associate Inexture Solutions Ltd. for up to ₹1.02 Crore to non-promoter individuals. Completion is expected by December 2026.

Value

₹1.02 Cr

DRC Systems India Acquisition Worth ₹2 Cr

DRC Systems approved acquisition of 49% in Skizzle for up to ₹2 Crore and divestment of Inexture stake for ₹1.02 Crore. Skizzle becomes an Associate Company post-transaction.

Value

₹2.00 Cr

Execution

on or before March 31, 2027

DRC Systems India Other Announcement

The company submitted its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.

Om Metallogic Fund Raise

Om Metallogic Ltd intimated a board meeting on 14 November 2026 to approve rights issue issue price, entitlement ratio, record date and issue dates. The rights issue follows BSE in-principle approval.

Virinchi Fund Raise of ₹30 Cr

Virinchi's board approved a Rs 30 Crore preferential issue of 2 crore convertible warrants at Rs 15 each. Subject to EGM approval, allottees include promoter Viswanath Kompella.

Value

₹30.00 Cr

Execution

Warrant tenure not exceeding 18 months from allotment

IIFL Finance Fund Raise of ₹6,414 Cr

IIFL Finance's board approved a preferential issue of convertible preference shares and warrants worth Rs.6,414.20 Crore. Shareholder approval is needed at a 4 December EGM.

Value

₹6,414 Cr

Bajaj Finance Fund Raise of ₹5,800 Cr

Bajaj Finance's special committee approved issuing 5.74 crore warrants to promoter Bajaj Finserv at ₹1,010 each. The issue raises about ₹5,800 crore.

Value

₹5,800 Cr

Cholamandalam Investment & Finance Company Fund Raise of ₹5,000 Cr

Cholamandalam Investment sent shareholders a postal ballot notice seeking approval for a Rs 5,000 crore QIP. E-voting runs November 10 to December 9, 2026.

Value

₹5,000 Cr

Execution

Allotment to be completed within 365 days of shareholder approval

HB Leasing & Finance Co Fund Raise

HB Leasing's board discussed fund-raising options on November 9, 2026, including equity and preference shares. No quantum or pricing is decided; advisers will be consulted.