Category
Special Situations & Event Driven
142 articles
Special situations and event-driven activity remain concentrated in the Indian insolvency space, with numerous cases facing procedural delays and adjournments. NCLAT continues to manage appeals related to ongoing corporate insolvency resolution processes, impacting companies like Furnace Fabrica, Axiomata Elevators, Santhosh Hospitals, Kalyani Steels, Telangana Trade Corp, Madhucon Infra, Nakshatra Feeds, Concept Eduventures, Isolux Corsan India, Sasa Musa Sugar, Avani Projects, and VAS Infrastructure. While these adjournments reflect the complexities of insolvency proceedings, they underscore the protracted timelines and potential uncertainties for stakeholders involved. Elsewhere, Premier Explosives' Independent Directors Committee deemed Apollo Micro Systems' open offer fair, and IBBI highlighted the positive impact of the IBC on credit discipline, suggesting continued evolution within the framework.
NCLAT Lists Furnace Fabrica Insolvency Appeals for December
NCLAT Chennai lists three interconnected insolvency appeals for Furnace Fabrica (India) Ltd for hearing on December 16, 2026.
The appeals involve shareholders and FF International Ltd challenging acti
NCLAT Directs Hearing on Axiomata Elevators Property Attachment
NCLAT disposes appeal by siblings challenging their impleadment in liquidation attachment proceedings.
Appellants claim property belongs to deceased father's estate and was partitioned excluding suspe
NCLAT Adjourns Santhosh Hospitals Liquidation Appeal
NCLAT Chennai adjourns IA No. 715/2021 to November 30, 2026, due to an ongoing Supreme Court stay order.
The appeal involves Dr. P. Mahalingam versus the liquidator and others of Santhosh Hospitals Pv
Kalyani Steels NCLAT Appeal Adjourned to December
NCLAT Chennai adjourns Kalyani Steels Ltd's appeal against Southern Power Distribution Company of TG Ltd to 7 December 2026.
The appeal concerns insolvency proceedings, with only the appellant's couns
NCLAT Lists Telangana Trade Corp Appeal
NCLAT Chennai lists appeal filed by Telangana State Trade Promotion Corporation against AP Gems & Jewellery Park.
Case scheduled for next hearing on November 4, 2026.
Appeal challenges previous order
Madhucon Infra NCLAT Appeal Adjourned to November
NCLAT Chennai adjourns Madhucon Infra Ltd's appeal against State Bank of India to 27 November 2026.
The appeal concerns insolvency proceedings, with the appellant represented by Advocate KVS Madhumita
Nakshatra Feeds NCLAT Appeals Adjourned to December 2026
NCLAT Chennai adjourns two insolvency appeals filed by Nakshatra Feeds India Ltd to December 18, 2026.
Appeals challenge actions of the Resolution Professional for Nexus Feeds Ltd in ongoing insolvenc
NCLAT Lists Concept Eduventures Insolvency Appeals
NCLAT Principal Bench lists two connected insolvency appeals filed by Kamal Agarwal, Monitoring Professional for Concept Eduventures Pvt. Ltd.
The appeals (Comp. App. (AT) (Ins) No. 1680 & 1703 of 202
NCLAT Adjourns Isolux Corsan India Appeal to November 2026
NCLAT Principal Bench adjourns Insolvency Appeal No. 314 of 2024 filed by Isolux Corsan India against South East U.P. Power Transmission Company.
The matter was listed for hearing on September 30, 202
NCLAT Adjourns Sasa Musa Sugar Insolvency Appeal
NCLAT adjourns Company Appeal (AT) (Insolvency) No. 727 of 2026 to November 16, 2026.
The appeal involves appellants Mahmud Ali & Ors. versus the liquidator of Sasa Musa Sugar Works.
Any existing inte
NCLAT Adjourns Avani Projects Insolvency Appeals
NCLAT adjourns multiple interconnected appeals related to Avani Projects & Infrastructure Ltd. insolvency proceedings to October 6, 2026.
Appellants include State Bank of India, Adone Hotels, and Kolk
NCLAT Adjourns Multiple Avani Projects Insolvency Appeals
NCLAT adjourns five interconnected appeals related to Avani Projects & Infrastructure Ltd's insolvency proceedings to September 29, 2026.
Appellants include State Bank of India, Adone Hotels & Hospita
NCLAT Upholds Syska E-Retails LLP Liquidation Order
NCLAT dismisses appeal against NCLT Mumbai's order liquidating Syska E-Retails LLP after CIRP expiry.
CIRP expired on 14.12.2025 without resolution plan or valid extension, triggering mandatory liquid
NCLAT Adjourns Marathe Hospitality Appeals to November 2026
NCLAT adjourns two appeals filed by Marathe Hospitality against the Resolution Professional of Phadnis Resorts and Spa India Ltd.
The matters were not taken up due to paucity of time and are now liste
NCLAT Schedules VAS Infrastructure Insolvency Appeals Hearing
NCLAT lists four interconnected appeals related to VAS Infrastructure Ltd.'s insolvency for final hearing on October 9, 2026.
All respondents consented to not file replies to the appeals and agreed to
Ministry Extends PM Mementos Auction to Oct 2026
Ministry of Culture extended PM Mementos e-auction until October 31, 2026, featuring 30 Delhi artifacts.
Auction includes religious artifacts, institutional memorabilia, and sports items with proceeds
Premier Explosives IDC Recommends Apollo Open Offer
Premier Explosives' Independent Directors Committee recommends Apollo Micro Systems' open offer for 26% stake at ₹705.65 per share as fair and reasonable.
The offer price of ₹698 per share plus ₹7.65
IBBI 10th Annual Day Highlights IBC Reforms and Impact
Minister Harsh Malhotra stated IBC strengthened credit discipline, improved recovery climate, and contributed to ease of doing business.
IBBI Chairperson noted IBC enabled substantial creditor recover
GE Power India NCLT Sanctions JSW Energy Scheme
NCLT Mumbai Bench sanctioned the scheme of arrangement between GE Power India and JSW Energy on October 1, 2026.
The scheme involves arrangement amongst GE Power India, JSW Energy, and their respectiv
Mahaalaxmi Texpro 33rd AGM Voting Results Unanimous Approval
Mahaalaxmi Texpro Ltd discloses unanimous shareholder approval for all six resolutions at its 33rd AGM held via video conference on September 30, 2026.
All resolutions passed with near-unanimous 99.99
Ashoka Buildcon Extends BS SPV Sale to Oct 2026
Ashoka Buildcon extends expected completion date for sale of Ashoka Baswantpur Singnodi Road Private Limited subsidiary to October 31, 2026.
Company and investor mutually agreed to extend timelines to
Pranav Constructions Q1 Net Profit Rises 46% YoY
Pranav Constructions reported Q1 FY27 standalone net profit of ₹143.80 million, up 45.7% YoY from ₹98.71 million.
Revenue from operations grew 15.7% YoY to ₹1,645.40 million for the quarter ended June
NCLAT Issues Notices in Vayam Technologies Insolvency Appeals
NCLAT consolidates two appeals (1661 & 1689 of 2026) filed against Ebix Vayam Technologies and BSNL.
Appellant challenges NCLT's direction to pay unquantified amount to Ebix Vayam, alleging violation
NCLAT Adjourns ATS Infrastructure Appeals to November
NCLAT adjourns multiple appeals against ATS Infrastructure Ltd. to November 18, 2026.
Appeals filed by Rahul Munjal and Vandana Raheja involve insolvency proceedings against the company.
The tribunal
NCLAT Adjourns Button Industries Insolvency Appeals
NCLAT adjourned three interconnected insolvency appeals involving Button Industries Pvt. Ltd. due to paucity of time.
The appeals involve Wellfin Corporation, Madhav Solar, CoC through Neurich Nutrifo
SRIT India Limited Files ₹2.18 Billion IPO for Expansion
SRIT India Limited proposes an IPO of 16.8 million shares at ₹130 each to raise ₹2.184 billion for capital expenditure, working capital, and strategic acquisitions.
The IT/ITeS company reported strong
A-One Steels India ₹40,500 Lakh IPO for Debt Repayment
A-One Steels India Limited proposes an IPO of 1,00,05,111 equity shares at ₹405 per share aggregating ₹40,500 lakhs through fresh issue and offer for sale.
Net proceeds of ₹25,000 lakhs will repay bor
Siti Networks Discloses ₹1,206 Crore Loan Default
Siti Networks discloses ₹1,206.03 crore total default on bank loans and financial indebtedness as of September 30, 2026.
Company is under Corporate Insolvency Resolution Process since NCLT admission o
SITI Networks Defaults on ₹1,149 Crore Bank Loans
SITI Networks discloses default on term loan installments totaling ₹1,149 crore to multiple lenders including ARCIL and IDBI Bank.
The default occurred on August 31, 2026 and continues beyond 30 days
INS Trishul Participates in India-France Exercise Varuna
INS Trishul arrived in Toulon for the 24th India-France bilateral maritime exercise Varuna from September 22.
The harbor phase included professional engagements, cultural interactions, and visits to F
IntraSoft Technologies 31st AGM Voting Results
IntraSoft Technologies submitted AGM voting results for three resolutions, including financial statement adoption and director re-appointment.
Shareholders approved a special resolution for amalgamati
Marine Electricals 19th AGM Unanimous Voting Results
Marine Electricals held its 19th AGM via video conferencing on September 30, 2026, with all seven resolutions passing unanimously.
Shareholders approved audited FY26 financial statements, final divide
MTNL Sells Powai Property for ₹891.53 Crore
MTNL Board approves sale of Powai property to Income Tax Department via G2G transfer for ₹891.53 crore.
The transaction involves 20,895.60 sqm land at Technology Street, Powai, Mumbai through direct g
Reliance Infrastructure JV Faces $182M IBC Petition
IIFC filed NCLT petition against Reliance Infra JV MMOPL for $182M recovery.
NARCL revoked Master Restructuring Agreement with MMOPL due to unmet conditions.
MMOPL disputes claim, seeks legal advice;
Varun Beverages South Africa Acquisition Dispute
Varun Beverages subsidiary Bevco's ZAR 238 million acquisition of Crickley Dairy referred to arbitration due to unmet conditions.
The transaction failed as conditions precedent were not fulfilled by t
J.K. Shah Commerce Education Allots ₹33 Crore NCDs
J.K. Shah Commerce Education Limited allots ₹33 crore in unlisted NCDs to three promoters on a private placement basis.
Proceeds will be used to close an existing RBL Bank loan facility and for genera
NCLAT Lists Button Industries Insolvency Appeals
NCLAT Principal Bench lists three interconnected appeals concerning Button Industries Pvt. Ltd.'s insolvency resolution for hearing.
Appeals involve Wellfin Corporation, Madhav Solar, CoC member Neuri
NCLAT Lists Furnace Fabrica Insolvency Appeals for December
NCLAT Chennai lists three interconnected insolvency appeals for hearing on December 16, 2026.
Appeals involve shareholders and FF International Ltd challenging actions of Resolution Professional Alok
NCLAT Schedules Hindustan Photo Films Appeal Hearing
NCLAT Chennai schedules next hearing for an appeal filed by Indu Employees Progressive Union against the liquidator of Hindustan Photo Films Mfg. Co. Ltd.
The appeal, listed for 11 December 2026, pert
NCLAT Lists Baron Infotech Resolution Applicant Appeal
NCLAT Chennai lists an appeal filed by Vivek Kumar Ratakonda, Resolution Applicant of Baron Infotech Ltd, for hearing on 01.10.2026.
The appeal challenges actions of the Resolution Professional, Ahala
Adroit Industries India Limited ₹1.5B IPO Launch
Adroit Industries launches IPO of 11.25M shares at ₹134 per share, comprising fresh issue of 9.9M shares (₹1,326M) and offer for sale of 1.35M shares (₹181M) aggregating ₹1,507M.
Company manufactures
Rays of Belief Limited ₹1.25 Billion IPO for Healthcare Expansion
Rays of Belief Limited proposes IPO of 5.23M shares at ₹239 to raise ₹1.25B for neurodevelopmental disorder therapy expansion across India and US.
Company operates 136 centers serving children with au
GSPL Transmission Lists on BSE/NSE Post-Demerger
GSPL Transmission Limited commenced trading on BSE and NSE on September 30, 2026, completing the GSPC Group Scheme of Arrangement.
The company operates India's second-largest gas transmission network
Ministry of Mines Launches Andaman Sea Offshore Mineral Auction
Ministry of Mines launches auction of two offshore mineral blocks in Andaman Sea under Composite Licence regime.
Auction conducted under Offshore Areas Mineral Act 2002 and Auction Rules 2024 to enabl
Technopaints Chemicals ₹5000 Million IPO Proposal
Technopaints and Chemicals Limited files Draft Red Herring Prospectus for ₹5000 million IPO comprising fresh issue and offer for sale.
YES Bank opens special window until February 2027 for transfer an
Hitech Corporation IDC Recommends Voluntary Delisting Offer
Hitech Corporation's Independent Director Committee unanimously recommends the voluntary delisting offer from BSE and NSE as fair and reasonable.
The delisting offer provides an exit opportunity at an
KNR Constructions Extends KRIPL Sale Timeline
KNR Constructions extends sale completion date for KRIPL SPV to October 15, 2026 due to delayed condition precedents.
Company previously sold stakes in three other SPVs (KPIPL, KRGIPL, KGIPL) to Indus
Ansal Properties FY26 Standalone Net Loss ₹162.93 Crore
Ansal Properties reported audited standalone FY26 results with a net loss of ₹162.93 crore and disclosed inability to file consolidated results due to CIRP in subsidiaries.
The Board noted it will not
Kronox Lab Sciences 64.26% Stake Acquired by Indo Borax
Kronox Lab Sciences discloses completion of 64.26% stake sale by promoters to Indo Borax & Chemicals Limited.
Indo Borax becomes new promoter and launches mandatory 25.79% open offer for public shareh
Tikona Communication Promoters Exit Post Sar Televenture Acquisition
Sar Televenture Limited acquired 70.17% stake in Tikona Communication via share purchase and open offer completed on 28 September 2026.
Former promoters Gaurav Goyal (56.13%) and Rakesh Kumar Bansal (
Bliss GVS Promoters Reclassified to Public Category
Board approved reclassification of 27 promoter group entities to public category post takeover completion.
Anupam Rasayan India Limited acquired control via share purchase agreement and open offer.
To
HMT Limited Reports FY26 ₹1315 Crore Consolidated Loss
HMT Limited reported consolidated net loss of ₹13,154.20 lakhs with negative net worth of ₹2,38,226.80 lakhs, while standalone revenue grew marginally to ₹25.96 crore.
Auditors issued qualified opinio
Aban Offshore Q2 FY27 Results Under CIRP
Aban Offshore reported unaudited standalone net profit of ₹330.25 million for Q2 FY27 while undergoing corporate insolvency resolution process.
Auditors issued disclaimer of conclusion due to material
Mehta Family Trust Acquires 14.57% Saurashtra Cement Stake
Saurashtra Cement discloses Mehta Family Trust's indirect acquisition of 14.57% equity shares pursuant to SEBI exemption order WTM/KCV/CFD/06/2026-27.
The transaction involves inter-se transfer of 1.6
Bank of Baroda Sells NSE Shares for ₹1,372.35 Crores
Bank of Baroda discloses sale of 76.9 lakh NSE shares via IPO offer for sale.
Gross consideration from the transaction amounts to ₹1,372.35 crores.
Filing made under SEBI LODR Regulation 30 for market
Purple Style Labs Q1 FY27 Posts ₹881M Consolidated Loss
Board approved unaudited standalone and consolidated financial results for the quarter ending June 30, 2026.
Reported a consolidated net loss of ₹881.26 million and a standalone net loss of ₹30.32 mil
Winsome Yarns Q1 FY27 Loss ₹3.32 Cr Post-NCLT Resolution
Winsome Yarns reported Q1 FY27 unaudited standalone net loss of ₹3.32 crore with negative net worth, pending full implementation of NCLT-approved resolution plan.
NCLT Chandigarh approved ₹162.90 cror
Duke Offshore Submits Corrigendum to FY26 Annual Report
Duke Offshore submitted a corrigendum to its FY25-26 Annual Report to rectify inadvertent formatting and compilation errors, including omitted disclosures and signatures.
The company underwent a compl
Annu Projects Q1 PAT at ₹127 Lakhs
Annu Projects approved unaudited Q1 FY27 standalone results with revenue of ₹2,037 lakhs and net profit of ₹127 lakhs.
The company successfully completed its IPO, listing on NSE and BSE on September 2
Astonea Labs Submits H1 FY25 Financial Results Rectification
Astonea Labs rectifies BSE filing discrepancy by submitting PDF version of standalone financial results for H1 FY25 ended March 2025.
Company reports ₹5,035.14 lakh total income and ₹321.63 lakh net p
Lumino Industries Q1 FY27 Net Profit ₹40.2 Crore
Lumino Industries reported Q1 FY27 standalone net profit of ₹40.3 crore on revenue of ₹521.4 crore, approved by the board on September 21, 2026.
The company completed its IPO on September 3, 2026, rai
Skyways Air Q1 Revenue Surges 91% YoY to ₹121.65 Crore
Skyways Air Services reported unaudited consolidated Q1 FY27 revenue of ₹121.65 crore, up 91% YoY, with profit after tax of ₹2.68 crore.
Novus Capital issued corrigendum to Ishaan Infrastructures open
Technojet Promoters Sell 73.15% Stake to Nimesh Singh
Promoters of Technojet Consultants entered a Share Purchase Agreement to sell their entire 73.15% stake to individual acquirer Nimesh Sahadeo Singh.
The total consideration for the 146,293 equity shar
Supreme Engineering Q1 Profit on Exceptional Gain
Supreme Engineering reported Q1 FY27 standalone net profit of ₹98.98 lakh, driven by an exceptional gain of ₹3245.70 lakh from a settled property dispute.
The company faces a material uncertainty rega
GSL Securities Promoters Sell 44.62% Stake
GSL Securities discloses a Share Purchase Agreement for promoters to sell 44.62% stake to new acquirers.
Acquirers Mr. Shrikant Bhangdiya and family will pay ₹42 per share, totaling ₹8.01 crore for 1.
CMI Limited FY26 Audited Results with Qualified Opinion
CMI Limited reported audited FY26 results under CIRP, with a net loss of ₹113.58 crore and a qualified audit opinion.
The Resolution Professional approved results showing revenue decline to ₹553.41 cr
Corporate Makers Submits Cubical Financial Open Offer Advertisement
Corporate Makers Capital Ltd submits pre-offer advertisement for open offer by Manoj Agrawal and Amit Kumar Saraogi to acquire 26% stake in Cubical Financial Services Ltd.
Mumbai Municipal Corporation
Ghanshyam Hansrajani Open Offer for 26% of Mayur Leather
Open offer for 26% equity stake in Mayur Leather Products at ₹27.92 per share triggered by promoter share purchase agreement.
Acquirer Ghanshyam Hansrajani to purchase 26.5% from existing promoters at
Shivom Investment CIRP Exit Regularizes Backlogged Results
Board approved audited financial results for Q4 FY25 and Q1 FY26 to clear backlog from CIRP period.
NCLT approved resolution plan on 18-Aug-2025 cancels existing capital, issues new shares to creditor
Nova Iron Steel Q1 FY27 Loss with Material Uncertainty
Nova Iron & Steel reported a standalone net loss of ₹85.87 lakh for Q1 FY27, with auditors qualifying their review due to unrecorded interest costs.
The company faces material uncertainty as a going c
Shree Ram Proteins Reports Severe Losses, Defaults
Board approved unaudited Q1 FY27 results showing a net loss of ₹6.36 crore and audited FY26 results with a net loss of ₹101.09 crore.
Auditors issued an adverse opinion citing material uncertainty ove
SIP Industries Q2 FY26 Net Loss ₹3 Lakhs
SIP Industries board approved unaudited Q2 FY26 results showing a net loss of ₹3.01 lakhs with negative net worth of ₹603.71 lakhs.
Auditors highlighted material uncertainty on going concern due to ac
Adon Agro Commodities 2025-26 Net Profit Up 221%
Adon Agro Commodities reported a 214.6% revenue increase to ₹32,410 lakhs and 220.8% net profit growth to ₹2,316.7 lakhs for FY 2025-26.
The company successfully completed its IPO on July 6, 2026, iss
Ventura Textiles FY26 Loss ₹35 Lakh, Proposes Superbev Name Change
Ventura Textiles reported a net loss of ₹35.01 lakh for FY26 with suspended operations and material uncertainty over its going concern status due to ₹733.65 lakh debt.
The company proposes changing it
Nova Iron Steel FY26 Net Loss ₹1596.91 Lakhs
Nova Iron Steel reported audited FY26 net loss of ₹1596.91 lakhs with negative net worth of ₹2706.48 lakhs.
Auditors issued qualified opinion citing five material issues including non-compliance with
Nova Iron Steel FY26 Net Loss ₹1596.91 Lakhs
Nova Iron Steel reported FY26 net loss of ₹1596.91 lakhs with auditors issuing qualified opinion over multiple compliance and disclosure issues.
Company disposed charged assets to lender Shree Balaji
Neetu Yoshi FY26 PAT Surges 52% Post Successful IPO
Neetu Yoshi reported record FY26 results with PAT up 52% to ₹25.01 crore and revenue growth of 39.3% to ₹98.35 crore driven by railway component diversification.
The company completed its IPO in July
Ind-Agiv Q1 Results with Qualified Audit Opinion
Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
Auditor issued qualified opinion citing ERP software issues and unpaid statutory dues of ₹17
Starlite Components FY26 Net Loss ₹7.09L Amid CIRP
Starlite Components filed its FY25-26 annual report, disclosing a net loss of ₹7.09 lakhs on sharply declined revenue of ₹186.32 lakhs.
The company's Corporate Insolvency Resolution Process concluded
Jindal Poly Films Reports ₹20,271 Crore FY26 Loss After Subsidiary Fire
Jindal Poly Films reported a standalone net loss of ₹20,271.45 lakhs for FY26, primarily due to a ₹21,471.57 lakh exceptional loss from a fire incident at subsidiary JPFL Films Private Limited.
The co
Anubhav Plast 39th AGM Notice and FY26 Results
Anubhav Plast Limited convened its 39th AGM on September 30, 2026, to adopt FY26 financial statements and approve related party transactions.
FY26 revenue grew 11.28% to ₹10,924.24 lakh with PAT up 14
Technocraft Ventures FY26 Revenue Jumps 23% with Bonus Issue
Technocraft Ventures reported FY26 revenue of ₹34,499.55 lakhs, up 23.4% YoY, with net profit surging 53.6% to ₹4,331.50 lakhs.
The company executed a 3:1 bonus share issue and recommended a final div
Bank of Baroda Divests 35% NSE Stake via IPO
Bank of Baroda discloses its plan to sell up to 76.9 lakh NSE shares via an Offer for Sale in NSE's IPO.
The divestment represents 35% of the bank's total holding in the National Stock Exchange of Ind
IMP Powers AGM Approves FY26 Turnaround and Resolutions
IMP Powers reported FY26 net profit of ₹13.62 lakh versus prior year loss of ₹208.40 lakh, marking a significant financial turnaround following NCLT acquisition.
The company seeks shareholder approval
Shree Balaji Textiles FY26 Revenue Up 9.8% to ₹211.97 Cr
Company submitted Annual Report 2025-26 and notice for 21st AGM scheduled on September 30, 2026 via video conferencing.
Revenue grew 9.8% to ₹211.97 Cr with PAT increasing 17.4% to ₹5.78 Cr; bonus sha
Riddhi Display FY26 Annual Report with IPO Completion
Riddhi Display Equipments Limited submitted its 21st Annual Report for FY 2025-26 to BSE, with the AGM scheduled for September 29, 2026 via video conference.
The company reported standalone revenue of
Millworks Technologies FY26 Revenue Surges 7x to ₹1,488 Crore
Millworks Technologies reported exceptional FY26 performance with revenue surging 6.8x to ₹1,487.67 crore and net profit growing 7x to ₹363.76 crore.
The company successfully listed on BSE SME platfor
Yashhtej Industries FY26 Net Profit Rises 18% to ₹12.53 Crore
Yashhtej Industries filed its Annual Report for FY 2025-26 and notice for its 8th AGM to be held on September 29, 2026, via video conference.
The company reported revenue of ₹269.39 crore and net prof
Yashhtej Industries 8th AGM Notice and FY26 Results
Yashhtej Industries scheduled its 8th Annual General Meeting on September 29, 2026, through video conferencing with e-voting from September 26-28, 2026.
The company reported FY26 revenue of ₹269.39 cr
Marg Techno Projects FY26 Net Profit Up 140% YoY
Submitted 33rd Annual Report for FY 2025-26 to BSE and MSEI under SEBI Regulation 34(1), reporting revenue growth to ₹683.69 lakh and net profit of ₹99.19 lakh.
Proposed voluntary delisting from Metro
Ventura Guaranty FY26 PAT Diverges: Standalone +320%, Consolidated -32%
Ventura Guaranty reported divergent FY26 performance with standalone PAT surging 320% to ₹846 lakhs while consolidated PAT declined 32% to ₹2,925 lakhs due to broking business moderation.
The Board re
Sampark India Logistics FY26 PAT Up 26% to ₹10.5 Cr
Sampark India Logistics reported FY26 revenue growth of 11% to ₹223.3 Cr and PAT increase of 26% to ₹10.5 Cr with margin expansion.
The company successfully listed on BSE SME platform on July 7, 2026,
Midwest Limited FY26 Results: 16% PAT Margin, IPO, Minerals Pivot
Midwest Limited reported FY26 standalone revenue of ₹4,217.71 crore and PAT of ₹976.28 crore with 16% margin, while completing a ₹250 crore IPO in October 2025.
The company is pivoting from granite to
Stanley Lifestyles FY26 Revenue Dips 1.6%, Profit Falls 59%
Stanley Lifestyles reported consolidated revenue decline of 1.6% to ₹4,193 million while net profit plummeted 59% to ₹120 million due to expansion costs and Labour Code impacts.
The company expanded t
Craftroot Retail 34th AGM Notice and Annual Report
Craftroot Retail Limited submitted its 34th Annual Report for FY 2025-26 to BSE, reporting a net profit of ₹22.24 lakhs and recommending a final dividend of ₹0.05 per share.
The company underwent a si
Rudra Ecovation FY26 Net Loss Widens to ₹406.97 Lakh
Rudra Ecovation submitted its Annual Report for FY 2025-26, reporting increased revenue of ₹3,215.91 lakh but a widened net loss of ₹406.97 lakh.
The company convened its 45th AGM on September 30, 202
Technocrats Plasma Systems Submits 32nd Annual Report
Technocrats Plasma Systems Limited submitted its 32nd Annual Report for FY 2025-26 to BSE Limited in compliance with SEBI LODR Regulation 34(1).
Revenue from operations surged 166% to ₹131.31 crore wi
Oasis Tradelink FY26 Reports Nil Revenue, ₹20.12L Loss
Oasis Tradelink Limited filed its Integrated Annual Report for FY 2025-26 and notice for its 30th AGM to be held on September 29, 2026 via VC/OAVM.
The company reported zero revenue and a net loss of
Achyut Healthcare 31st AGM Notice and Annual Report
Achyut Healthcare Limited submitted its 31st Annual Report to BSE under SEBI Regulation 34, containing audited financial statements for FY 2025-26.
The company reported revenue of ₹1197.15 lakhs (up f
Williamson Magor FY26 Net Loss ₹12.54 Crore Amid Defaults
Williamson Magor reported a net loss of ₹12.54 crore for FY26 with negative net worth of ₹21.59 crore, primarily from provision write-backs and asset write-offs.
RBI cancelled the company's NBFC regis
Maxgrow India 33rd AGM Notice and FY26 Results
Maxgrow India convenes 33rd AGM on September 28, 2026, to adopt FY26 financial statements and appoint directors/auditors.
Company reports consolidated revenue of ₹22,426.34 crore and profit of ₹450.28
Olympic Oil Industries FY26 Annual Report Submission
Submitted Annual Report for FY 2025-26 to BSE pursuant to SEBI Regulation 34, reporting zero revenue and ₹22.35 lakh net loss.
Proposed re-appointment of Nipun Verma as Whole-Time Director for 3 years
Kabra Commercial 44th AGM Notice and FY26 Results
Company convened its 44th AGM on 28-Sep-2026 to approve FY26 financial statements and appoint directors including a new Managing Director.
FY26 revenue declined 69% to ₹13.35 crore while net profit fe
Gayatri Projects Exits CIRP with ₹2,047 Crore PAT
Gayatri Projects exited Corporate Insolvency Resolution Process (CIRP) in September 2025 via NCLT-approved withdrawal under Section 12A of IBC, resulting in a dramatic financial turnaround.
The compan
Chambal Breweries FY26 Net Loss ₹19.44 Lakh
• Submitted 41st Annual Report for FY 2025-26 to BSE pursuant to SEBI LODR Regulation 34(1).
• Reported zero operational revenue with net loss of ₹19.44 lakh, widening from ₹8.32 lakh previous year.
•
G.K.P. Printing & Packaging FY26 Revenue Drops 9.6%
• Annual report for FY 2025-26 discloses revenue decline to ₹2,724.14 lakhs and profit drop to ₹51.43 lakhs, with no dividend recommended.
• Board proposes sale of underutilized Vapi manufacturing uni
Galada Power 54th AGM Notice and FY26 Results
Galada Power to hold 54th AGM on September 30, 2026, to adopt FY26 accounts and reappoint director Thiyagarajan Loganathan.
Company reported FY26 net profit of ₹1216 lakhs versus ₹36 lakhs in FY25, pr
CSM Technologies FY26 Net Profit Surges 70% to ₹240 Crore
CSM Technologies reported FY26 consolidated net profit of ₹240.07 crore, up 70.2% YoY, with revenue growth of 13.4% to ₹2,259.56 crore.
The company completed a ₹145.78 crore IPO in July 2026, listing
MTNL Reports ₹3,102 Crore FY26 Loss, Negative Net Worth
MTNL reported a standalone net loss of ₹3,102 crore for FY26 with fully eroded net worth of ₹29,975 crore, raising significant going concern concerns.
Auditors issued adverse opinion citing 20 materia
Fabino Enterprises FY26 Loss, AGM, Subsidiary Sale
Fabino Enterprises reported a consolidated net loss of ₹55.87 lakhs for FY26, with revenue of ₹2240.44 lakhs, and proposed its 15th AGM for September 29, 2026.
The notice seeks shareholder approval fo
Bilcare Limited FY26 Results: AGM Approves Director Changes
Bilcare reported consolidated net profit of ₹172.84 lacs for FY26, reversing from a ₹78.36 lacs loss in FY25, despite standalone revenue declining to ₹6.85 crore.
The Board modified Executive Director
VVIP Infratech FY26 Profit Declines 16.7% to ₹30.07 Crore
VVIP Infratech reported consolidated net profit decline of 16.7% to ₹30.07 crore with revenue down 6.5% to ₹346.49 crore for FY26, while maintaining strong order book of ₹756 crore.
The company secure
Asian Hotels North Reports FY26 ₹102Cr Loss After Restructuring
Asian Hotels North reported a consolidated net loss of ₹102.26 crore for FY26 versus ₹187.26 crore profit in FY25, driven by exceptional penal interest charges of ₹104.96 crore.
The company raised ₹76
Jetking Infotrain FY26 Net Loss ₹93.63L, BSE Rejects Listing
Jetking Infotrain reported consolidated net loss of ₹93.63 lakhs for FY26, a sharp decline from ₹315.55 lakhs profit in FY25, driven by ₹323.13 lakh VDA revaluation loss.
BSE rejected listing of 3.96
B.D. Industries FY26 Revenue Up 20.5% Post SME IPO
B.D. Industries reported consolidated revenue of ₹101.34 crore, up 20.5% YoY, with PAT at ₹9.56 crore following its August 2025 SME IPO raising ₹45.36 crore.
The company convened its 16th AGM for Sept
South India Paper Mills Open Offer for 26% at ₹120
Nandini Modi and Kirit Modi launch mandatory open offer for 26% stake in South India Paper Mills at ₹120 per share.
Offer triggered by Share Purchase Agreement to acquire 20.21% from Harshad and Rajul
Kronox Lab Sciences Promoters Sell 64.26% Stake
Promoters Ketan Ramani, Pritesh Ramani, and Jogindersingh Jaswal executed a Share Purchase Agreement to sell their collective 64.26% stake in Kronox Lab Sciences to Indo Borax & Chemicals.
The transac
South India Paper Mills 26% Open Offer at ₹120
Nandini and Kirit Modi announce mandatory open offer for 26% of South India Paper Mills at ₹120 per share, triggered by a separate 20.21% stake purchase.
The open offer seeks to acquire up to 48.75 la
RR Metalmakers Open Offer for 26% at ₹23.85/Share
RB International Holdings, Suyog Desai, and Nikita Desai launch a mandatory open offer to acquire 26% of RR Metalmakers India Ltd at ₹23.85 per share.
The offer is triggered by an underlying share pur
Colinz Laboratories Open Offer for 26% at ₹54/share
Saffron Capital issued a reminder advertisement for an open offer by Annjana Dugar, Likhitta Dugar, and Antariksh Dugar with PAC Padam Dugar to acquire 654,966 shares (26%) of Colinz Laboratories at ₹
Shardul Securities Promoters Seek Public Reclassification
Shardul Securities received a request to reclassify five promoter/promoter group entities to public shareholders after they sold their entire holdings.
The request stems from a Chaturvedi family settl
Shishodiyas' Open Offer for 26% of Ramgopal Polytex
Pravin Kumar and Punit Shishodiya launch mandatory open offer for 26% equity stake in Ramgopal Polytex Limited at ₹17.10 per share.
Offer triggered by acquisition of 45.46% promoter stake via Share Pu
India Cements Capital Open Offer for 26% at ₹12/Share
India Cements Capital received a Detailed Public Statement for a mandatory open offer to acquire 26% equity shares from public shareholders.
The open offer is triggered by acquirers Sandeep Jain, Vika
RB International Holdings Open Offer for RR MetalMakers
RB International Holdings, Suyog Desai, and Nikita Desai launch mandatory open offer for 26% of RR MetalMakers at ₹23.85/share.
Offer triggered by acquisition of 70.66% stake from promoters Virat Shah
Radha Madhav Promoter Allotment 1.12 Cr Shares
• Radha Madhav Corp discloses promoter allotment of 1.12 crore shares under SEBI Takeover Regulations.
• Plug & Play Retail and Vijay Patel's holding increases to 69.30% post-allotment from 94.91% pre
Novartis AG Reclassified to Public Shareholder
Novartis AG completes sale of 70.68% stake in Novartis India to ChrysCapital entities, ceasing to be promoter.
ChrysCapital's WaveRise and Fund X acquire control, triggering a mandatory 26% open offer
Ardee Industries Promoters Transfer 10.85M Shares
Ramco Systems announces 29th AGM on August 20, 2026 via video conference and provides e-voting details.
High Energy Batteries reports Q1 FY2026 net loss of ₹181.50 lakhs versus profit of ₹759.11 lakhs
Yoga Builders Acquires 15.4% Stake in TMT India
Yoga Builders Private Limited discloses acquisition of 7,62,990 shares (15.40%) in TMT (India) Limited through open offer tendering process.
Acquisition executed on July 27, 2026 at ₹10.00 per share f
India Cements Capital Open Offer for 26% at ₹12
Acquirers Sandeep Jain, Vikas Garg, and Rahul Nagar launch mandatory open offer for 26% of India Cements Capital shares at ₹12 per share.
Offer triggered by acquisition of 50.02% promoter stake from S
Mitshi India Promoters Sell 15.57% Stake to Karronn Bajaj
Karronn Naresh Bajaj entered Share Purchase Agreement on July 23, 2026 to acquire 13,70,070 shares (15.57% stake) from Mitshi India promoters for ₹2.05 crore.
Acquisition triggers mandatory open offer
Karronn Bajaj's 26% Open Offer for Mitshi India
Mr. Karronn Naresh Bajaj announces mandatory open offer for 26% of Mitshi India at ₹15/share, triggered by acquiring 15.57% from promoters.
The offer, managed by Srujan Alpha Capital, seeks up to 22,8
Ballygunge Trust's 26% Open Offer for Shankara Building
The Ballygunge Family Trust launches mandatory open offer for 26% stake in Shankara Building Products at ₹150/share.
Offer triggered by past acquisition non-compliance with SEBI SAST Regulations, aimi
Ashish Begwani Kkalpana Plastick Open Offer
Ashish Begwani makes mandatory open offer for 26% stake in Kkalpana Plastick Ltd at ₹28/share, triggered by acquiring 72.58% from promoters.
Offer size is ₹4.02 crore for 14,37,420 shares, with tender
Lakhani Entities Mandatory Open Offer for Rikhav Securities
Acquirers M/s. B.D. Lakhani, B.N. Lakhani, H.D. Lakhani, and N.D. Lakhani, along with four PACs, are making a mandatory open offer for 26% of Rikhav Securities Limited.
The offer, priced at ₹47.75 per
Gulshankumar Chopra Niraj Cement 26% Open Offer
Mandatory open offer by Gulshankumar Chopra to acquire up to 1,55,20,529 shares (26%) of Niraj Cement Structurals at ₹29 per share.
Offer triggered by Share Purchase Agreements to acquire 41.04% from
DP Global Wealth AMPL Capital 26% Open Offer
DP Global Wealth Management LLP and PACs launch mandatory open offer for 26% stake in AMPL Capital Ltd at ₹30/share, triggered by market purchases exceeding regulatory thresholds.
Offer aims to acquir
Ashish Begwani Open Offer for 26% of Kkalpana Plastick
Mr. Ashish Begwani launches mandatory open offer for 26% stake in Kkalpana Plastick Ltd at ₹28/share, triggered by a 72.58% acquisition from outgoing promoters.
The open offer, managed by VC Corporate
Grameva Limited New Promoters Assume Control
Board approved successful completion of open offer by new acquirers acquiring substantial shareholding and control.
New acquirers classified as Promoter/Promoter Group effective July 10, 2026, replaci
WaveRise ChrysCapital Novartis India Open Offer Completion
Axis Capital submits post-offer ad for completed open offer by WaveRise Investments and ChrysCapital for 26% stake in Novartis India.
Open offer acquired 64.19 lakh shares at ₹5,524.97 crore total val
Restaurant Brands Asia Promoter Reclassification Effective July 7
Restaurant Brands Asia notifies stock exchanges of promoter reclassification effective July 7, 2026, following completion of open offer and share acquisition.
Acquirers Lenexis Foodworks, Aayush Agraw
Kkalpana Plastick Promoters Sell 72.58% Stake Triggering Open Offer
Promoters Bbigplas Poly and Sarla Surana entered SPA to sell 72.58% stake to Ashish Begwani on July 7, 2026.
Transaction triggers mandatory open offer for 26% of shares at ₹28 per share under SEBI SAS
Government OFS for 6% Stake in NHPC
Government of India announces Offer for Sale of 60.27 crore NHPC shares representing 6% of paid-up equity.
Offer includes base size of 3% plus full oversubscription option of additional 3%, with 10% r