5h ago
Andrew Yule says Veedol stake remained unencumbered for year ended March 31, 2026
Veedol Corporation Ltd (formerly Tide Water Oil Co.) reported full-year FY26 consolidated net profit of ₹191.62 crore, up 13.5% year on year. The board recommended a 1100% final dividend of ₹22 per share, implying a total payout of ₹38.33 crore. The company also said its major shareholder Andrew Yule has not pledged or otherwise encumbered its holding, supporting shareholding stability. The disclosure forms part of routine annual reporting and regulatory filings, with no sudden event or policy change.
5h ago
1d ago
Victory XII lifts pledge on 2,116,884,819 Hindustan Zinc shares after June 17, 2026 loan prepayment
Victory XII repaid a loan early on June 17, 2026, releasing the pledge on 2,116,884,819 shares of Hindustan Zinc Limited held on behalf of Vedanta, equal to 50.10% of the company’s share capital, leaving the encumbrance at zero. The release was disclosed to BSE and NSE under Regulation 29(2) of India’s SEBI takeover regulations. Separately, Hindustan Zinc appointed former SAIL chairman Amarendu Prakash as CEO-Designate effective June 19, 2026.
1d ago
1d ago
Sri Priyanka Geo Commex to open ₹73.50 crore IPO on June 24, 2026 for working capital
Sri Priyanka Geo Commex is set to launch an IPO on June 24, 2026, aiming to raise ₹73.5 crore. Of the total, ₹47 crore is earmarked for working capital at its Singapore unit, Geo Min Commodities, to support mineral trading including copper cathode. For the nine months ended December 31, 2025, the company reported revenue of ₹248.37 crore and net profit of ₹17.76 crore, with copper cathode contributing 44.39% of revenue. The funding plan could lift short-term demand for physical copper purchases, while the company has no direct business linkage to crude oil.
1d ago
2d ago
Trom Industries wins 10 MW rooftop solar contract from South Bihar Power Distribution
Trom Industries has won two rooftop solar orders from South Bihar Power Distribution Company, totaling 27 MW. The contracts cover 15,335 and 9,936 consumer installations of 1.1 KW each under a CAPEX-plus-RESCO model, with delivery required within nine months of Power Purchase Agreement (PPA) signing. The orders are domestic, involve no related-party transactions, and sit within the PM Surya Ghar policy framework. The announcement does not reference any tradable traditional assets and is positioned as a positive catalyst tied to Trom Industries’ execution and revenue timing.
2d ago
6-21
Balrampur Chini Mills posts FY26 revenue of ₹6,271 crore, EBITDA ₹741 crore
Balrampur Chini Mills reported FY26 revenue of ₹6,271 crore and EBITDA of ₹741 crore. The company also flagged policy changes for the 2025-26 crushing season, including a higher sugarcane FRP of ₹355 per quintal and an SAP increase of ₹30 per quintal to ₹400 per quintal. It said the government imposed a complete ban on sugar exports on May 13, 2026. The company said the policy mix supports sugar makers’ pricing power and margins and could act as an upside catalyst for sugar commodity prices.
6-21
6-20
Pace Digitek approves Rs 200 crore investment to lift battery capacity to 10 GWh by FY2027
Pace Digitek’s board approved an investment of Rs 200 crore to add 7.5 GWh of capacity, taking total manufacturing capacity to 10 GWh, with commissioning targeted during FY2027 to support an order pipeline of 5.32 GWh. The company also cleared an ESOP plan covering 20,00,000 shares, a full buyout of Inso Pace, and the setting up of a Pune R&D centre. Pace Digitek said it will host an investor plant visit on June 23 and stated it will not disclose any unpublished price sensitive information during the interaction.
6-20
6-20
Vedanta sets July 14, 2026 date for 61st AGM after record FY 2025-26 results
Vedanta reported record performance in FY 2025-26, with zinc, copper, aluminium and silver output hitting all-time highs. Zinc International production rose 27% year on year, copper cathode output climbed 14%, and silver output reached 627 tonnes, supported by a 75% year-on-year jump in average silver prices. EBITDA increased 29% and net debt/EBITDA improved to 0.95x. The company completed the demerger of its aluminium, oil and gas, and iron ore businesses into five separate listed entities.
6-20
6-19
SK Minerals clears three independent director appointments at June 19, 2026 EGM
SK Minerals held an extraordinary general meeting on June 19, 2026, where shareholders approved the appointments of three independent directors. The company has also called another EGM on July 9, 2026, to seek approval for a preferential issue of 55,00,000 convertible warrants to raise ₹218.35 crore for expansion and general corporate purposes. The warrants are priced at ₹397 each, including a ₹387 premium, and can be converted within 18 months. After conversion, promoter shareholding is expected to rise to 81.97% from 73.86%.
6-19