Osel Devices Merger & Restructuring
Osel Devices signed a strategic agreement with Colorlight Cloud Tech to indigenously manufacture LED controllers and video processors. This partnership supports the 'Make in India' initiative.
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Osel Devices signed a strategic agreement with Colorlight Cloud Tech to indigenously manufacture LED controllers and video processors. This partnership supports the 'Make in India' initiative.
Solara Active Pharma Sciences scheduled a board meeting on July 23, 2026. The board will consider unaudited standalone and consolidated financial results for Q1 FY27.
OSEL Devices partnered with Colorlight Cloud Tech for in-house manufacturing of LED controllers. This strategic OEM agreement supports the 'Make in India' initiative.
Oswal Overseas settled its dispute with LH Sugar Factories for Rs. 2.8 Crore. Consequently, NCLAT dismissed the insolvency appeal as withdrawn following the debt discharge.
Promoter Lenexis Foodworks pledged 11.89 crore shares of Restaurant Brands Asia Limited. The pledge, valued at Rs. 844.50 Crore, supports funding for ongoing acquisition transactions.
Oswal Overseas reached an amicable settlement with L H Sugar Factories regarding insolvency proceedings. NCLAT directed the IRP to halt further steps pending withdrawal application.
Raj Oil Mills issued a clarification regarding its Postal Ballot Notice. The proposed allotment is less than 5% of the post-issue fully diluted share capital.
Sadhav Shipping Limited secured a Rs. 18.07 Crore contract from Mumbai Port Authority. The seven-year agreement involves charter hiring two Pilot Launches for domestic operations.
Gloster Limited provided the web-link for its 104th AGM notice and Annual Report for FY 2025-26. Physical letters are being sent to shareholders with unregistered emails.
Appellate Tribunal reduced Tamilnad Mercantile Bank's FEMA penalty from ₹17 Crore to ₹3.40 Crore. The bank expects a ₹13.60 Crore refund from the Enforcement Directorate.
Tech Mahindra extended the timeline to August 31, 2026, for acquiring a 20% stake in Tech Mahindra Arabia. The deal increases its ownership to 100%.
Piramal Finance delivered strong growth in AUM and profitability, driven by retail expansion and AI-led productivity gains, despite surfacing stress in the South Indian IT segment.
Bank of Baroda appointed Mr. Mishra Punit Kumar as Head of Official Languages & Parliamentary Committees. He brings over 25 years of internal experience to the role.
IIFL Finance scheduled a board meeting on July 22, 2026. The board will consider and approve unaudited financial results for the quarter ended June 30, 2026.
Atlanta Electricals scheduled a board meeting on July 21, 2026. The board will consider and approve unaudited standalone and consolidated financial results for June quarter.
STL delivered strong FY26 performance with Revenue at INR 4,745 Cr and EBITDA margin of 13.2%, driven by a 109% surge in order intake.
Mahan Industries approved a fundraise of Rs. 29.83 Crore through preferential equity shares and convertible warrants. The board also approved the reissue of forfeited shares.
Tamilnad Mercantile Bank's FEMA penalty was reduced from Rs.17 Crore to Rs.3.40 Crore. The bank is eligible for a Rs.13.60 Crore refund of deposited amounts.
Avantel Limited issued a Postal Ballot notice for director appointments. E-voting commences July 18, 2026, and concludes August 16, 2026.
CEAT approved a Rs. 1,205 Crore capital expenditure to add 53,000 tyres per day capacity. This expansion is expected to be completed progressively by FY2031.
Kanungo Financiers scheduled a board meeting for July 22, 2026. The board will consider acquisitions of STARTECH and PEEPAL mining, alongside preferential equity issuances.
5Paisa Capital Ltd reported revenue from operations of ₹88.3 Cr (+13.6% YoY) and net profit of ₹11.6 Cr (+0.9% YoY) for Q1 FY27.
Balmer Lawrie & Co. Ltd. scheduled a board meeting for August 1, 2026. The board will consider standalone and consolidated unaudited financial results for Q1 FY2026-27.
Crisil upgraded Oberoi Realty's ESG rating from 56 to 62. The rating category improved from 'Adequate' to 'Strong' reflecting better sustainability performance.
Axita Cotton allotted 1,78,200 equity shares under its ESOP 2023 scheme. The paid-up capital increased to 38,26,73,533 shares following the exercise of vested options.
Promoter Hariram Garg acquired 4,18,488 equity shares (2.155%) via an off-market inter-se gift transfer. His individual stake increased from 10.57% to 12.72%.
Gujarat Inject Kerala scheduled an EGM for August 12, 2026. Shareholders will vote on rescinding a prior name change and adopting Regenova Renewtech Limited as the new name.
Royal India Corporation announced an EGM on July 30, 2026. Books will close from July 24 to July 30 for voting eligibility.
HCLTech is acquiring 100% of Guardian India Operations for ₹101.17 Crore. The deal strengthens its capabilities in insurance technology and operations services.
CRISIL upgraded Vedanta Power's long-term rating to 'CRISIL AA+ (CE)' and removed it from watch. The rating reflects a guarantee from Vedanta Limited.