PC Jeweller Board Approves Raising ₹1,000 Crore via Qualified Institutions Placement
PC Jeweller’s board has authorized a capital raise of up to ₹1,000 crore through a Qualified Institutions Placement in one or more tranches. This move is accompanied by an expansion of the company's authorized share capital to facilitate the issuance of new equity shares or other eligible securities.
Piramal Finance Board Approves ₹4,000 Crore Fund Raise and Reports Strong Q1 Results
Piramal Finance has received board approval to raise up to ₹4,000 crore through various instruments including equity shares, convertible securities, and non-convertible debentures. The decision was announced alongside a strong quarterly performance, with consolidated net profit for Q1 FY2026 rising to ₹460.98 crore.
Ather Energy to Raise ₹1,200 Crore via Preferential Issue to Hero MotoCorp and Promoters
Ather Energy's board has approved a capital infusion of ₹1,200 Crore through a preferential issue of equity shares and convertible warrants. The funding round includes participation from Hero MotoCorp, the India-Japan Fund, and the company's founding promoters.
Sambhv Steel Tubes to Raise ₹100 Crore via Preferential Issue of Convertible Warrants
Sambhv Steel Tubes has approved a significant capital infusion of approximately ₹100 crore through the issuance of fully convertible equity warrants on a preferential basis. The move targets seven specific investors, including members of the promoter group, to strengthen the company's financial base for long-term growth.
Jaykay Enterprises Approves ₹155 Crore Rights Issue for Strategic Expansion
Jaykay Enterprises has approved a capital raise of up to ₹155 crore through a rights issue of partly paid-up equity shares. This move aims to strengthen the company's financial position as it scales its operations within the aerospace and defense manufacturing landscape.
Stellant Securities Promoter Mangala Subhash Rathod Acquires Shares Worth ₹5.1 Crore
Mangala Subhash Rathod, a promoter of Stellant Securities (India) Ltd, has converted 1,50,000 warrants into equity shares at a price of ₹340 per unit. This ₹5.1 crore transaction raises the promoter group's voting shareholding to 45.25%, reflecting a continued consolidation of ownership within the firm.
Wheels India Board Approves Strategic ₹400 Crore Fund Raise via Equity and Debt
Wheels India Limited has announced a major capital infusion plan of up to ₹400 crore through various financial instruments. The board has authorized the issuance of equity shares and convertible securities to strengthen the company's financial structure and support its long-term growth objectives.
Greaves Cotton to Invest ₹331 Crore in Greaves Electric Mobility via Rights Issue
Greaves Cotton Limited has announced that its Board of Directors approved a full subscription of its entitlement in the rights issue of its material subsidiary, Greaves Electric Mobility Limited. This ₹331 crore capital infusion is designed to strengthen the subsidiary’s financial position within India’s competitive electric mobility landscape.
TIL Limited Approves Allotment of Fully Paid Rights Shares Following Call Money Receipt
TIL Limited has formalized the allotment of fully paid-up equity shares following the conclusion of its rights issue call money period. The Rights Issue Committee approved the conversion for eligible shareholders on July 9, 2026, marking a key step in its capital-raising process. The company will now proceed with reminders for pending shareholders to finalize the collection of outstanding dues.