Techno Electric & Engineering Company Fund Raise of ₹1,250 Cr
Techno Electric & Engineering reported a monitoring agency update for its ₹1,250 Crore QIP. Funds were reallocated from cancelled power projects to Chennai data center expansion.
Raymond Limited approved a ₹330.88 Crore preferential warrant issuance to promoter group entity JK Investors (Bombay) Limited. Warrants are convertible into equity shares within 18 months.
Midwest Gold Limited renamed to Midwest Energy Limited following its amalgamation with Midwest Energy Private Limited. The Registrar of Companies issued a fresh incorporation certificate.
Akme Fintrade (India) Ltd issued 2.00 Crore convertible warrants at ₹7 each via preferential allotment. The ₹14.00 Crore fundraise will support future capital requirements.
HFCL Limited allotted 7.5 crore warrants to promoter group entities, raising ₹138.75 crore. This preferential issue strengthens the company's capital base for future growth.
Nexome Capital Markets reported zero deviation in utilizing ₹26.97 Crore raised via preferential and rights issues. Funds were deployed for investments and working capital as planned.
Active Clothing Co Limited confirmed zero deviation in utilizing Rs.5.75 Crore raised through preferential share warrants. The Audit Committee reviewed and noted the statement.
Nikita Greentech Recycling Fund Raise of ₹67.54 Cr
Nikita Greentech Recycling Limited confirmed full utilization of its ₹67.54 Crore IPO proceeds without deviations. The funds supported capital expenditure for a power plant and working capital.
Avax Apparels and Ornaments Fund Raise of ₹1.92 Cr
Avax Apparels and Ornaments Limited confirmed full utilization of ₹1.92 Crore IPO proceeds with no deviations. The funds supported working capital, general corporate purposes, and issue expenses.
SEPC Limited submitted its Monitoring Agency Report for the quarter ended March 2026. The report tracks utilization of Rs.350 Crore raised through a rights issue.
Sundaram Finance fully utilized ₹1225 Crore raised through NCDs during the quarter ended March 2026. No deviations occurred in fund usage compared to issue objects.
Tembo Global Industries reported utilization of ₹166.20 Crore raised through preferential allotment. Funds were deployed for subsidiaries, associates, and working capital needs.
Refractory Shapes Limited confirmed zero deviation in utilizing ₹18.60 Crore raised through its IPO. Funds were deployed across civil construction, machinery, and debt repayment.
Akme Fintrade (India) Limited allotted 1,00,00,000 convertible warrants to promoter Nirmal Kumar Jain at ₹7.00 Crore. This preferential issue increases promoter-group voting rights to 22.61%.
IndoStar Capital Finance confirmed the proper utilization of proceeds raised through Commercial Papers during Q4 FY2026. The company remains in compliance with SEBI listing conditions.
Beta Drugs Limited allotted 6,65,314 equity shares upon conversion of CCDs on May 25, 2026. This increases the company's paid-up share capital to ₹11.09 Crore.
Onix Solar Energy received a 6,316,486 share application from Abhishek Kamdar for its rights issue. This confirms participation from identified specific investors on the opening date.
Cyient Semiconductors secured ₹285 Crore strategic financing from Edelweiss at a USD 500 Mn valuation. Funds will scale R&D and global semiconductor infrastructure.
Belrise Industries approved a fundraise of up to ₹2,000 Crore via Qualified Institutions Placement. The capital infusion aims to strengthen the company's financial position and growth.
Phantom Digital Effects revised its preferential CCD issue size to ₹115.70 Crore. Zee Entertainment Enterprises Limited will become a major shareholder upon full conversion.
Atmastco Limited approved revisions to its ₹53.20 Crore preferential equity issue, adding and deleting specific allottees. The issue price is set at ₹152 per share.
IBL Finance Limited successfully allotted non-convertible debt securities to raise capital. This transaction maintains the current equity share capital while providing fresh funding for operations.
IEL Limited reported zero deviation in utilizing Rights Issue proceeds for the quarter ended March 2026. The Audit Committee reviewed the 4317.22 unit fund deployment status.
Sai Parenterals Limited confirmed zero deviation in utilizing its ₹285 Crore IPO proceeds. The funds were deployed across expansion, R&D, and debt repayment as planned.
Forcas Studio confirmed zero deviation in utilizing ₹6.53 Crore raised via warrant issues. Funds were fully deployed toward working capital and general corporate purposes.
Sakthi Finance Limited confirmed the full utilisation of ₹150 Crore raised via NCDs with zero deviation. This regulatory compliance underscores disciplined capital management and object adherence.
Relic Technologies confirmed full utilization of its ₹16.92 Crore preferential issue proceeds. The Audit Committee reviewed the statement, reporting no deviations for the quarter.
Tega Industries executed a ₹1,500 Crore facility agreement with a banking consortium. The funds will finance the company's proposed acquisition of Molycop.
Quint Digital Limited approved raising ₹91 Crore through a rights issue of convertible preference shares and warrants. This capital infusion strengthens the company's financial position.