Transrail Lighting Board Approves ₹600 Crore QIP and Declares 150% Interim Dividend
The Board of Directors of Transrail Lighting Limited has approved a significant capital raising plan of up to ₹600 crore through a Qualified Institutions Placement. Alongside this, the company declared an interim dividend of 150% for the current financial year and announced a strategic move into high-tech sectors including drones and energy storage.
Adani Energy Solutions Launches QIP with Floor Price of ₹1,698.15 per Share
Adani Energy Solutions has officially opened a Qualified Institutions Placement to raise capital from institutional investors. The company has established a floor price of ₹1,698.15 per equity share, following necessary board and shareholder approvals in July 2026.
SMC Global Securities Board Approves ₹150 Crore NCD Issue to Bolster Capital Base
SMC Global Securities Limited's Board has authorized a public offering of Non-Convertible Debentures (NCDs) to raise up to ₹150 crore. The capital-raising exercise is designed with a base issue size of ₹75 crore and an equal oversubscription option to strengthen the firm's financial position.
Spectrum Electrical to Raise ₹325 Crore via Preferential Issue to HDFC MF and Others
Spectrum Electrical Industries Limited has approved a significant capital infusion of approximately ₹325 crore through a preferential issue of equity shares and convertible warrants. The board-approved move aims to strengthen the company's capital base by onboarding institutional investors including HDFC Mutual Fund and Valuequest India Inflexion Fund.
Sumeet Industries Completes ₹199.75 Cr Rights Issue to Double Manufacturing Capacity
Sumeet Industries has finalized a ₹199.75 Crore capital raise through a rights issue to facilitate the integration of a newly acquired manufacturing plant and strengthen its balance sheet. The funding supports a strategic turnaround under new management, focusing on doubling production capacity and enhancing backward integration.
Bondada Engineering Board Approves ₹500 Crore Fund Raise and 14% Final Dividend
Bondada Engineering's board has approved a substantial capital infusion of up to ₹500 crore via Non-Convertible Debentures or other instruments. The company also announced a 14% final dividend and initiated plans to migrate its listing from the BSE SME platform to the Main Boards of both BSE and NSE.
Ice Make Refrigeration to Raise ₹190 Crore via Preferential Issue; Sets Up Japan JV
Ice Make Refrigeration Limited has approved a preferential issue of shares to raise approximately ₹190 crore from a group of investors including Japan's Galilei Holdings. The capital injection will support a new joint venture aimed at expanding the company's footprint in the commercial refrigeration and hospitality sectors.
Cemindia Projects Board Approves Mega ₹5,000 Crore Fund Raise via QIP and Other Modes
The Board of Directors of Cemindia Projects Limited has greenlit a significant capital infusion plan of up to ₹5,000 Crore. The company intends to raise these funds through various instruments including Qualified Institutional Placements (QIP) and rights issues to strengthen its financial position.
Ather Energy Raises ₹1300 Crore via QIP: Allots 1.08 Crore Shares at ₹1,202 Each
Ather Energy has completed a ₹1,300 crore fundraise through a Qualified Institutions Placement (QIP), allotting over 1.08 crore equity shares to a diverse group of institutional investors. This capital infusion at a premium price of ₹1,202 per share significantly strengthens the electric two-wheeler manufacturer's balance sheet for upcoming growth phases.