Innovassynth Technologies (India) Fund Raise of ₹69.65 Cr
Innovassynth Technologies (India) Ltd has approved a rights issue of 1,74,11,380 equity shares at ₹40 per share, aggregating to ₹69.65 Crore. The record date is fixed for April 29, 2026, with the issue opening on May 08, 2026. This capital raise aims to strengthen the company's financial position.
Tata Teleservices Limited reported audited standalone total income of ₹2,322.12 Crore and a net loss of ₹1,906.98 Crore for FY2025-26. The company also announced the re-appointment of Mr. Harjit Singh as Managing Director for a three-year term, subject to shareholder approval. The results highlight ongoing financial challenges with liabilities exceeding current assets.
Cantabil Retail India Limited confirmed it does not meet the criteria for classification as a 'Large Corporate' as of March 31, 2026. The company reported zero outstanding long-term borrowings and maintains an ICRA A (Stable) credit rating.
Jonjua Overseas Limited issued a revised financial results statement for the year ended March 31, 2026. The amendment corrects a typographical error where 'unaudited' was used instead of 'audited' and includes previously omitted figures for Other Comprehensive Income and Other Equity.
Indian Energy Exchange Limited (IEX) has recommended a final dividend of ₹2 per equity share for the financial year ended March 31, 2026. The company has fixed May 15, 2026, as the record date for determining shareholder eligibility.
Bank of Baroda has received Central Government approval to extend the tenure of Shri Debadatta Chand as Managing Director and CEO. The extension is for a period of three years beyond his current term ending June 30, 2026. This leadership continuity provides strategic stability for the bank's operations.
Prime Fresh Ltd has received listing approval from BSE for 1,18,849 equity shares. These shares were issued to promoters at ₹164 per share (including premium) following the conversion of warrants. The total value of the allotment is approximately ₹1.95 Crore.
Vipul Limited is amalgamating five of its wholly owned subsidiaries, including Abhipra Trading and United Buildwell, into itself. This internal restructuring aims to improve operational efficiency and reduce costs through resource pooling. There is no change in the shareholding pattern of the listed entity as it is an intra-group consolidation.
Vipul Limited is amalgamating five of its wholly owned and step-down subsidiaries into itself to improve operational efficiency and reduce costs. The internal restructuring maintains existing shareholding patterns and pools resources within the group's real estate business. No cash consideration is involved as the entities are already 100% owned by the group.
Tata Capital Limited submitted its Monitoring Agency Report for the quarter ended March 31, 2026, regarding IPO proceeds of ₹6,846 Crore. The report, issued by CARE Ratings, confirms that 99% of the net proceeds have been utilized in accordance with the prospectus, primarily for debt repayment and onward lending, with no deviations reported.
Manoj Ceramic Ltd (BSE: 544073) confirmed it is not identified as a 'Large Corporate' for FY 2026 under SEBI debt-raising norms. The company reported outstanding borrowings of ₹56.34 Crore as of March 31, 2026, with a credit rating of IVR BBB-/Positive from Infomerics Valuation and Rating Pvt. Ltd.
PAE Limited has recommended a final dividend of Rs. 0.20 per equity share (2%) for FY 2025-26. The total payout for the 10,00,000 issued shares amounts to ₹0.02 Crore. The dividend is subject to shareholder approval at the upcoming Annual General Meeting scheduled for May 18, 2026.
GV Films Limited's board approved availing ₹95 Crore in financial assistance from Sanctum Trading Corporation. The company is also shifting its registered office within Mumbai and updated its corporate contact details, effective April 2026.
Aurum PropTech Limited announced a leadership transition where Ms. Pranali Desale will succeed Ms. Sonia Jain as Company Secretary and Compliance Officer effective May 1, 2026. The Board also appointed Mr. Ashim Desai and Mrs. Lakshmi Kumar as Additional Independent Directors and designated Mr. Ashish Deora as Chairman.
Tandhan Industries Limited (formerly Sanmitra Commercial Limited) has issued a postal ballot notice seeking shareholder approval for key director appointments and financial authorizations. This includes a ₹500 Crore limit for loans and guarantees under Section 185 and a ₹500 Crore annual limit for material related party transactions with Tandhan Polyplast Limited for FY 2026-27.
Ms. Dipti Jain has resigned as Company Secretary, Compliance Officer, and Key Managerial Personnel of Kridhan Infra Limited, effective April 23, 2026, citing personal reasons. The company has updated its authorized KMPs for materiality determinations in compliance with SEBI Regulations.
Mahindra Logistics Limited's board approved the re-appointment of Mr. Ameet Hariani as an Independent Director for a second five-year term starting May 1, 2027. The appointment is subject to shareholder approval at the upcoming 19th AGM. This move ensures leadership continuity and maintains the board's independent oversight.
On Door Concepts Limited has convened an Extra-Ordinary General Meeting on May 15, 2026. Shareholders will consider resolutions for a preferential issue of 20,00,000 equity shares and 20,00,000 convertible warrants, alongside the appointment of Mrs. Shalini Agrawal as an Independent Director.
Brandman Retail Limited's board approved a variation in the utilisation of IPO proceeds, subject to shareholder approval. The board also reconstituted its Audit, Nomination and Remuneration, and Stakeholders Relationship committees. The meeting concluded on April 23, 2026, at the company's registered office in New Delhi.
CIE Automotive India Limited has approved the merger by absorption of its wholly-owned subsidiary, CIE Aluminium Casting India Limited. No new shares will be issued as part of this restructuring. The merger aims to drive operational efficiencies, create marketing synergies, and strengthen the company's financial position through consolidation.
Mr. Prince Gupta has resigned from his position as Chief Financial Officer of Shivalic Power Control Limited, effective April 23, 2026. The company disclosed this cessation as a management change involving Key Managerial Personnel.
On Door Concepts Limited has called an EGM on May 15, 2026, to approve a ₹60.40 Crore fundraise via preferential issuance of equity shares and convertible warrants. The proceeds will fund capital expenditure, working capital, and marketing. Additionally, the meeting will consider the appointment of Mrs. Shalini Agrawal as an Independent Director.
Adani Energy Solutions Limited released its monitoring agency report for the quarter ended March 31, 2026. The company confirmed the full utilization of ₹8,373.10 Crore raised through a Qualified Institutional Placement (QIP). While there was a reallocation among objects due to increased transmission capex, no material deviation was reported following requisite board approvals.
Indian Energy Exchange Limited has designated Mr. Gaurav Maheshwari and Mrs. Aparna Vyas Garg as Senior Management Personnel, effective April 23, 2026. This leadership update strengthens the company's senior management team.
PAE Limited has fixed May 11, 2026, as the record date for determining shareholders' entitlement to the final dividend for the financial year 2025-26. The dividend is subject to approval by members at the company's upcoming 76th Annual General Meeting.
Eraaya Lifespaces Ltd allotted 31,25,000 equity shares to Just Right Life Limited (Promoter Group) upon conversion of warrants. The conversion was executed at Rs. 81 per share, totaling ₹25.31 Crore. This increases the company's paid-up capital to ₹20.98 Crore.
Indian Energy Exchange Ltd (IEX) has designated Mr. Gaurav Maheshwari and Mrs. Aparna Vyas Garg as Senior Management Personnel. The designations follow their reporting to the Joint Managing Director. Mr. Maheshwari leads regulatory and risk functions, while Mrs. Garg oversees corporate communications and investor relations.
Sarla Performance Fibers Ltd is divesting its investment in US subsidiary Sarlaflex Inc. following a suspension of operations since 2017. The company recognized a ₹77.13 Crore non-cash loss, aiming to strengthen its balance sheet and improve ROCE by removing non-productive assets.
Ajmera Realty & Infra India Limited has been assigned a 'CRISIL A-/Stable' rating by CRISIL Ratings for its ₹500 Crore bank loan facilities. The rating reflects the agency's opinion on the company's creditworthiness and the stability of its long-term financial obligations.
Clenon Enterprises Limited confirmed it does not qualify as a 'Large Corporate' under SEBI criteria for the financial year. The company reported outstanding borrowings of ₹6.78 Crore as of March 31, 2026. This regulatory disclosure provides clarity on the company's borrowing framework and compliance status.
