Live Events

TVS Srichakra Ltd has announced the realization of its investment in TASL Automobile Solutions Private Limited, a promoter group company. Following a Composite Scheme of Selective Capital Reduction sanctioned by the NCLT, TASL Automobile has remitted ₹34.44 Crore (at an exit price of ₹377.70 per equity share) to TVS Srichakra. This remittance results in the cancellation and extinguishment of TVS Srichakra's entire holding of 9,11,741 equity shares, representing 7.58% of TASL Automobile's paid-up equity share capital.

Alankit Ltd's Management Committee approved the allotment of 1,65,00,000 (One Crore Sixty-Five Lakh) equity shares on October 8, 2026. These shares were issued at ₹8.60 each, following the conversion of an equal number of fully convertible warrants allotted on October 5, 2026. The allotment was made on a preferential basis to Alka Agarwal, belonging to the "Promoter Group". Consequently, the company's paid-up equity share capital has increased to 30,41,58,100 (Thirty Crore Forty-One Lakh Fifty-Eight Thousand One Hundred) equity shares of face value ₹1/- each.

GTV Engineering Ltd announced the allotment of 10,16,00,732 Equity Shares of Rs. 2/- each as fully paid bonus equity shares. This allotment is in the proportion of 2:1, meaning 2 bonus shares for every 1 existing equity share held. The record date for this allotment was October 7, 2026. Consequently, the company's paid-up equity share capital has increased from Rs. 10,16,00,732/- (5,08,00,366 shares) to Rs. 30,48,02,196/- (15,24,01,098 shares). The newly allotted bonus shares will rank pari-passu with existing equity shares.

MIC Electronics Ltd has received trading and listing approval from both BSE and NSE for 5,68,73,418 equity shares allotted on a preferential basis. These shares, issued at ₹41.38 each, represent a swap of shares with the shareholders of Neo Semi SG Pte. Ltd., Singapore. The allotment occurred on September 04, 2026, and the shares became effective for trading on October 08, 2026. The company's paid-up equity share capital has increased to ₹59,57,69,956 post-issue. A lock-in period is in effect until April 14, 2027.

Elevate Campuses Ltd has executed a securities subscription agreement with its wholly owned subsidiary, Elevate UAE Assetco Holdings Pte. Ltd., for the subscription of 59,061,905 Class A Optionally Convertible Redeemable Preference Shares (OCRPS). The total investment amounts to USD 6,20,15,000.25 (approximately INR 601 crore). This infusion of capital is intended to be utilized by the subsidiary for the prepayment and/or repayment of outstanding borrowings, as disclosed in the company's IPO documents. The investment was approved by the Board of Directors on September 28, 2026, and is considered a related party transaction but exempt from prior approval as it's between a holding company and its wholly owned subsidiary. The transaction is expected to close by October 2026.

Alankit Limited has approved the allotment of 1,65,00,000 equity shares of face value ₹1 each, pursuant to the conversion of 1,65,00,000 fully convertible warrants. These warrants were issued on a preferential basis to Alka Agarwal, belonging to the Promoter Group, at an issue price of ₹8.60 per share. The conversion increases the company's paid-up equity share capital to ₹28,76,58,100, comprising 28,76,58,100 equity shares.

Alankit Ltd has announced that Alka Agarwal, along with Persons Acting in Concert (PACs), has acquired 5,00,00,000 Fully Convertible Warrants. These warrants are convertible into an equivalent number of Equity Shares of Face Value of Re.1/- each. The acquisition occurred on October 5, 2026, via Preferential Allotment for cash consideration. This transaction results in Alka Agarwal holding 13.57% in warrants, and the total holding of the acquirer group (including shares and warrants) post-acquisition stands at 61.29% of the total diluted share capital.

SIS Limited has reported its daily buyback activity for October 7, 2026. The company purchased 30,000 equity shares through the open market, with 5,000 shares bought via BSE and 25,000 via NSE. The average acquisition price was ₹418.47 per share, excluding transaction costs. This brings the cumulative number of shares bought back to 22,54,134 as of October 7, 2026. The buyback is being conducted in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.

Shankara Buildpro Limited has announced a sub-division (stock split) of its existing equity shares in a 1:5 ratio. Each existing equity share of face value Rs. 10 will be split into five equity shares of face value Rs. 2 each. The record date for determining eligible shareholders for this split has been fixed as Thursday, October 8, 2026. This corporate action is being undertaken in compliance with the Companies Act, 2013, and SEBI regulations. The revised shareholding structure post-split will be reflected in the company's shareholding pattern for the quarter ending December 31, 2026.

Century Extrusions Ltd has announced an extension of its ongoing Rights Issue. The closing date has been pushed back by seven days to October 21, 2026, from the originally scheduled October 14, 2026. This extension is in compliance with the Companies Act, 2013, and SEBI (ICDR) Regulations. The revised schedule indicates that the finalization of the basis of allotment, date of allotment, credit, and listing will also be extended accordingly, with the new listing date set for October 26, 2026. Importantly, the trading period for Rights Entitlements and the on-market renunciation date remain unchanged at October 08, 2026. The terms and conditions of the Letter of Offer remain the same, with only the closing date and subsequent post-issue activities timeline being revised.