Genesys International Board Approves ₹139.3 Crore Capital Raise via Rights Issue
The Board of Directors of Genesys International has approved a capital raise of up to ₹139.30 crore through a Rights Issue of equity shares. This move aims to bolster the company's financial position as it expands its geospatial mapping and digital twin projects across the Indian landscape.
TANFAC Industries Approves ₹250 Crore Fund Raise via Equity Allocation to QIBs
TANFAC Industries Limited has successfully concluded its fund-raising process by approving the allocation of 12.59 lakh equity shares to qualified institutional buyers. The capital infusion is aimed at strengthening the company's financial position within the commodity chemicals sector.
Magellanic Cloud Ltd Board Approves 142.08 Crore Capital Raise and Subsidiary Merger
Magellanic Cloud Limited has approved a capital infusion of approximately 142.08 crore through the preferential issuance of equity shares and convertible warrants. The company is also consolidating its operations by merging its wholly-owned subsidiary, IVIS International Private Limited, to streamline its surveillance and security service business.
ACS Technologies Secures ₹4.09 Crore HDFC Bank Loan to Expand Credit Facilities
ACS Technologies has approved the procurement of an additional ₹4.09 crore working capital term loan from HDFC Bank under the ECLGS 5.0 scheme. This capital infusion is designed to strengthen the company's liquidity position, bringing its total aggregate banking facilities to ₹48.74 crore.
Suryoday Small Finance Bank Board Approves Total Capital Raise of ₹500 Crore
Suryoday Small Finance Bank has announced plans to raise up to ₹500 crore through a combination of Tier-1 and Tier-2 capital instruments. The board has also scheduled its 18th AGM for August 6, 2026, and established a record date for the final dividend payment.
TTML Launches #RozBanateHainNayaKal Campaign to Support India's MSME Sector
Tata Tele Business Services, under Tata Teleservices (Maharashtra) Limited, has launched a nationwide campaign titled #RozBanateHainNayaKal to recognize and celebrate the contribution of MSMEs to the Indian economy. The initiative underscores the company's commitment to providing digital solutions that help small enterprises innovate and scale their operations.
Bharti Airtel Issues 146.7M Shares to Promoter Group in Airtel Africa Stake Swap
Bharti Airtel has allotted over 146 million equity shares to Indian Continent Investment Limited on a preferential basis. This transaction involves a strategic share swap for a stake in Airtel Africa plc, resulting in a consolidated promoter holding within the parent company.
Unicommerce Partners With Swiggy Networks For Integrated B2B Order Processing Platform
Unicommerce eSolutions has integrated its AI-powered platform with Swiggy Networks to facilitate seamless B2B order processing for brands. The collaboration allows businesses to manage bulk orders and inventory through a centralized dashboard, enhancing warehouse efficiency and restocking speed within the Swiggy ecosystem.
Equitas Small Finance Bank Board Approves Capital Raise of ₹1,750 Crore via QIP and NCDs
The board of Equitas Small Finance Bank has cleared a dual-track capital infusion plan comprising a ₹1,250 crore Qualified Institutions Placement and ₹500 crore in non-convertible debt securities. This strategic move aims to strengthen the bank's capital adequacy ratio while supporting its long-term growth objectives and leadership transitions.