GENERAL
Prestige Hospitality Withdraws DRHP Citing Prevailing Market Uncertainty
Prestige Hospitality Ventures Ltd (PHVL) has withdrawn its Draft Red Herring Prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), National Stock Exchange of India Ltd and BSE Ltd. The company’s board decided to withdraw the DRHP citing strategic considerations and uncertain market conditions. The decision was approved through a board resolution […]
CW Bureau
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Sep 25, 2026
INFRASTRUCTURE
Indosolar To Merge With Waaree Energies Under Amalgamation Move
The boards of Indosolar Ltd, a Waaree group company, has approved a Scheme of Amalgamation with Waaree Energies Ltd aimed at consolidating their solar photovoltaic manufacturing operations. Both companies are engaged in the manufacture of solar photovoltaic modules. Indosolar, the transferor company, does not have cell manufacturing capacity and depends on Waaree Energies or other […]
CW Bureau
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Sep 23, 2026
HOSPITALITY
Lemon Tree Hotels Gets NSE, BSE Clearance For Composite Merger
Lemon Tree Hotels Ltd has received no-objection letters from the National Stock Exchange and Bombay Stock Exchange for its proposed Composite Scheme of Arrangement, paving the way for the company to submit the draft scheme to the National Company Law Tribunal. The regulatory clearance is an important step in the restructuring announced by the company […]
CW Bureau
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Sep 23, 2026
BANKING & FINANCE
Hero Motors Raises ₹300 Cr From Anchor Investors Ahead Of IPO
Hero Motors Ltd has raised ₹300 crore from anchor investors ahead of its initial public offering (IPO), which opens for public subscription on September 16. The company informed the stock exchanges that it allocated 3,57,14,284 equity shares at ₹84 per share to anchor investors. Domestic institutions participate The anchor book saw participation from institutions including […]
CW Bureau
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Sep 16, 2026
BANKING & FINANCE
Muthoot Microfin Raises ₹250 Cr Via NCDs To Support Expansion Plans
Muthoot Microfin Ltd has raised ₹250 crore through the allotment of listed, rated, secured and redeemable Non-Convertible Debentures (NCDs) on a private placement basis, as the microfinance lender looks to strengthen its funding profile and support its growth plans. The NCDs will be listed on BSE Ltd. As part of the issue, the company allotted […]
CW Bureau
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Sep 15, 2026
GENERAL
Vedanta To Demerge Surplus Real Estate Assets Into Separate Company
Vedanta Ltd, India’s largest diversified natural resources company, has announced plans to demerge its surplus real estate assets into a separate entity, Vedanta Property Platforms Ltd (VPPL), to unlock value for shareholders. The proposed demerger comes within three months of Vedanta completing its five-way restructuring, which resulted in the listing of four new independent entities […]
CW Bureau
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Jul 30, 2026
INFRASTRUCTURE
Reliance Infra Seeks Review Of IBC-Linked ASM Trading Restrictions
Company urges SEBI, NSE and BSE to revisit surveillance framework linked to insolvency proceedings Reliance Infrastructure Ltd. has submitted a representation to the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), seeking a review of the Additional Surveillance Measure (ASM) framework and trading restrictions imposed on its […]
CW Bureau
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Jun 7, 2026
STARTUP/TECHNOLOGY
MobiKwik Arm Gets BSE Approval To Launch Stock Broking Operations
Mobikwik Securities Broking Pvt Ltd (MSBPL), a wholly owned subsidiary of One MobiKwik Systems Ltd. (MobiKwik), has received approval from the BSE Ltd to commence its stock broking business. BSE has enabled MSBPL on its platform with effect from February 24, 2026. The approval follows the grant of stock broking registration to MSBPL by the […]
CW Bureau
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Feb 24, 2026