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1d ago, 11:20 pm
General Insurance
ICICIGIICICI Lombard General Insurance Company Ltd

ICICI Lombard Approves Interim Dividend of ₹7 Per Share

Dividend

ICICI Lombard General Insurance Company Ltd announced an interim dividend of ₹7.0 per equity share (70% of face value) for FY2027. The Board of Directors approved this on October 14, 2026. Key dates include a record date of October 23, 2026, and a dividend payout date on or before November 12, 2026. The company will deduct Tax Deducted at Source (TDS) as per the Income-tax Act, 2025, with rates varying based on shareholder residency and PAN status. Resident shareholders will face a 10% TDS, or 20% if PAN is invalid or not provided. Certain resident shareholders, like insurance companies and government entities, may be eligible for nil or lower TDS upon providing specific documentation. Non-resident institutional shareholders will be subject to TDS under Section 210 at 20%.

1d ago, 11:10 pm
IT Enabled Services
AXISCADESAxiscades Technologies Ltd

Axiscades Technologies Approves US$7M Asset Acquisition by Subsidiary

Acquisitions

Axiscades Technologies Ltd's Board of Directors has approved in principle the acquisition of substantially all business assets of ITSJ Group, Inc. by its step-down subsidiary, XIDA Inc. The acquisition will be conducted via an asset purchase for an aggregate consideration not exceeding US$7.0 million. This amount comprises cash, restricted shares of XIDA, and a performance-linked earn-out. ITSJ Group reported revenue of US$3.47 million for the calendar year ended December 31, 2025. The transaction is within Axiscades' main line of business in semiconductor-equipment and AI data-centre markets and is not a related party transaction. XIDA is not acquiring any shares of ITSJ, and ITSJ will not become a subsidiary of either company.

1d ago, 11:00 pm
Computers - Software & Consulting
KELLTONTECKellton Tech Solutions Ltd.

Kellton Tech Board Meeting on Oct 17 to Approve Rights Issue Terms

Board Meeting

Kellton Tech Solutions Ltd has announced that its Board of Directors will convene on October 17, 2026. The primary agenda item for this meeting is to consider and approve the issue size and other terms and conditions related to a proposed Rights Issue. This follows a previous board meeting on September 23, 2026, where the company had already approved the general proposal to raise funds through a Rights Issue.

1d ago, 11:00 pm
Paper & Paper Products
PAKKAYash Pakka Ltd-$

Pakka Ltd Board Meeting on Oct 17 to Approve Share Allotment

Board Meeting

Pakka Limited has scheduled a Fund Raising Committee meeting of its Board of Directors for October 17, 2026. The primary agenda is to consider and approve the allotment of 38,80,000 fully paid-up equity shares. This allotment is a conversion of an equivalent number of outstanding fully convertible warrants held by Yash Agro Products Limited, an entity within the Promoter Group. The conversion is pursuant to a preferential issue approved by shareholders and the terms of the warrants. Each warrant, with a face value of ₹10, is convertible at an issue price of ₹110 (₹10 face value + ₹100 premium). The total consideration for the conversion is ₹42,68,00,000 (₹42.68 Crore). A portion of ₹10,67,00,000 (₹10.67 Crore) was paid upfront, and the remaining ₹32,01,00,000 (₹32.01 Crore) is due upon exercise.

1d ago, 10:50 pm
IT Enabled Services
MELSTARMELSTAR INFORMATION TECHNOLOGIES LTD.

Melstar Information Technologies Board Meeting Oct 19 for Q2/H1 Results

Board Meeting

Melstar Information Technologies Ltd has announced a Board of Directors meeting scheduled for October 19, 2026. The primary agenda items include the consideration and approval of audited financial results (standalone and consolidated) for the quarter and half-year ended September 30, 2026, along with the Statutory Auditors' Audit Report. Additionally, the board will discuss a change in the company's name and an amendment to the Object Clause of the Memorandum of Association. The trading window for company shares will be closed until 48 hours after the announcement of these financial results.

1d ago, 10:50 pm
Diversified Commercial Services
SMARTWORKSSmartworks Coworking Spaces Ltd

Smartworks Files for Share Capital Reduction with NCLT

Corporate Action

Smartworks Coworking Spaces Ltd has e-filed an application in Form RSC-1 with the National Company Law Tribunal (NCLT), New Delhi Bench, seeking sanction for the reduction of its share capital. This proposed reduction involves utilizing INR 3,85,61,76,525 from the Securities Premium Account (balance of INR 7,98,22,14,923) to fully set off accumulated losses of INR 3,85,61,76,525 as of March 31, 2026. The objective is to eliminate these losses from the company's books, present a true and fair financial position, and rationalize its Balance Sheet. This action is in continuation of previous intimations regarding the proposed reduction.

1d ago, 10:40 pm
Holding Company
MAXINDMax India Ltd

Max India Ltd Issues Letter of Comfort for ₹40 Cr Subsidiary Facility

Loan & Debt

Max India Limited has executed a Letter of Comfort in favor of Aditya Birla Capital Limited for a credit facility of ₹40 Crores. This facility is being availed by Antara Senior Living Limited, a wholly owned subsidiary of Max India. The company had previously intimated the Board of Directors' approval for this arrangement on May 28, 2026. This disclosure serves as an update regarding the lender and the execution of the Letter of Comfort within the board-approved limits. The disclosure will be hosted on the company's website.

1d ago, 10:20 pm
Paper & Paper Products
METABio Green Papers Ltd

String Metaverse gets BSE in-principle approval for preferential issue

Regulatory

String Metaverse Limited has received in-principle approval from BSE for its proposed preferential issue of equity shares to non-promoter investors. The approval, referenced by BSE Letter No. LOD/PREF/RB/FIP/948/2026-27 dated 14th October 2026, pertains to the issue of 8,32,03,383 equity shares at a price not less than ₹8.85 per share. BSE has advised the company to strengthen internal controls to monitor trades by proposed allottees and obtain undertakings from them to avoid intra-day trading or sale of shares until the allotment date. The company must ensure strict compliance with all relevant SEBI regulations, including ICDR and LODR regulations, and obtain necessary statutory approvals. Failure to comply may impact the listing of the shares.

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