Garg Furnace Capital Structure Change

Garg Furnace Convertible Warrants

Garg Furnace allotted 13,98,000 convertible warrants at ₹126.50 each (₹17.68 Crore aggregate) to promoters and non-promoters. The board approved this allotment after prior AGM and BSE approvals.

Value

₹17.68 Cr

Garg Furnace Other Announcement

Garg Furnace Ltd has submitted the RTA confirmation certificate for the quarter ended September 30, 2026, as required under SEBI Regulation 74(5).

Garg Furnace Investor Presentation: Key Takeaways

Garg Furnace is pivoting from commodity mild steel to higher-margin alloy steel, targeting auto and defense sectors through Vaneera Industries integration.

Garg Furnace Price Movement Clarification

Garg Furnace Limited clarified that recent stock price movements were market-driven and that the company has not withheld any material price-sensitive information.

Garg Furnace Annual General Meeting

Garg Furnace Ltd conducted its 53rd Annual General Meeting on August 29, 2026. Shareholders reviewed and approved various ordinary and special business items presented.

Garg Furnace Production Started

Garg Furnace's 51% subsidiary, Vaneera Industries, has commissioned Phase-1 of its alloy steel forgeable billets manufacturing facility in Ludhiana. This adds 1,00,000 MT per annum capacity.

Canara Bank Capital Structure Change

Life Insurance Corporation of India sold a 2.018% stake in Canara Bank via market sales. The institutional investor's holding decreased from 5.841% to 3.823%.

Genus Power Infrastructures Capital Structure Change

Genus Power Infrastructures filed its buyback ISD for 47.5 lakh shares at ₹312 via tender offer. Aggregate consideration is capped at ₹148.20 Crore.

Value

₹148.2 Cr

KNR Constructions Capital Structure Change

KNR Constructions invested Rs. 44.65 Crore in its wholly-owned subsidiary KSIPL via rights-basis equity subscription to fund an NHAI highway project.

Value

₹44.65 Cr

Kamdhenu Ventures Capital Structure Change

Kamdhenu Ventures approved subscribing to 2,125 right issue shares of subsidiary KCCL for Rs. 7.65 Crore. The investment funds KCCL's paint business operations and expansion.

Value

₹7.65 Cr

Equitas Small Finance Bank Capital Structure Change

SBI Mutual Fund sold 2.19 crore Equitas Small Finance Bank shares, cutting its stake from ~5% to 3.07%. The open-market sale reduces the holding to 3.07%.

KRBL Capital Structure Change

Non-promoter Anil Kumar Goel & PAC bought 58,000 KRBL shares in open market, raising stake from 4.993% to 5.018%. No transaction price disclosed.