India IPO Pipeline SEBI Regulatory Filings — May 26, 2026

26-05-2026

Indiqube Spaces Limited has published newspaper advertisements in Financial Express (English) and Vishwavani (Kannada) regarding a proposed variation in the objects or terms of utilisation of its Initial Public Offering (IPO) proceeds, in compliance with the Companies Act, 2013 and SEBI LODR Regulations. The company has called a meeting of creditors (including debenture holders) on June 26, 2026, at 11:30 AM via video conferencing to seek approval for the proposed changes. No specific financial figures or performance metrics are disclosed in this filing.

• · Meeting of creditors (including debenture holders) scheduled for June 26, 2026, at 11:30 AM via video conferencing.
• · Advertisement published in Financial Express (English, all editions) and Vishwavani (Kannada, Bengaluru edition) on May 26, 2026.
• · The variation relates to the objects/terms of utilisation of IPO proceeds as per Form PAS-1 under the Companies Act, 2013.
• · BSE Scrip Code: 544454; NSE Symbol: INDIQUBE.
• · Registered office: Plot #53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, Outer Ring Road, Bangalore, Karnataka, India, 560103.

26-05-2026

Avenir Investment RSC Ltd, an Abu Dhabi-based entity, has completed its acquisition of control in Sammaan Capital Limited through a preferential allotment and open offer. On May 26, 2026, the subscription shares and warrants were transferred from escrow to Avenir's demat account, giving it 28.5% of the equity capital (21.4% fully diluted) in voting shares and 20.9% of the equity capital (19.9% fully diluted) in warrants, for a total holding of 43.4% of equity capital (41.3% fully diluted). The open offer, completed on May 14, 2026, added only 41,110 shares (0.003% of equity capital), indicating minimal public tendering.

• · The open offer completed on May 14, 2026, but only 41,110 shares were tendered (40,000 fully paid and 1,110 partly paid), representing a negligible 0.003% of equity capital.
• · Avenir became the promoter of Sammaan Capital from May 15, 2026, following the SSA and SEBI LODR regulations.
• · The subscription shares and warrants were held in a separate demat escrow account until May 26, 2026, when they were transferred to Avenir's demat account, allowing voting rights on the subscription shares from that date.
• · The target company's equity capital as on March 31, 2026, comprised 1,15,86,70,658 fully paid-up shares (face value ₹2 each) and 30,13,213 partly paid-up shares (face value ₹2, ₹0.67 paid-up).
• · Fully diluted capital includes 7,56,06,132 employee stock options, 30,13,213 partly paid shares, and conversion of all 30,66,90,535 subscription warrants.

26-05-2026

VAPI ENTERPRISE LIMITED filed a statement with BSE confirming no deviation or variation in the utilization of IPO proceeds, as per Regulation 32 of SEBI (LODR) Regulations, 2015. The company states that the Statement of Deviation(s) or Variation(s) is not applicable.

• · The filing is dated May 26, 2026.
• · The company's registered office is at 213 Udyog Mandir, Pitamber Lane, Mahim (West), Mumbai 400016.
• · The company's CIN is L21010MH1974PLC032457.
• · The BSE scrip code is 502589.
• · The Company Secretary is Riddhi Harsh Desai (Membership No: A61493).

26-05-2026

Larsen & Toubro Limited announced the cessation of Mr. Narayanan Kumar as an Independent Director effective May 26, 2026, upon completion of his second and final term. The company expressed appreciation for his contributions. No financial figures or performance metrics were disclosed in this filing.

• · Mr. Narayanan Kumar's DIN is 00007848.
• · The cessation is due to completion of his second and final term as Independent Director.
• · The filing was made under Regulation 30 of SEBI (LODR) Regulations, 2015.
• · The company's stock codes are 500510 (BSE) and LT (NSE).

26-05-2026

Shayona Engineering Ltd filed a statutory auditor's certificate on May 26, 2026, confirming the utilization of IPO proceeds raised on January 30, 2026. The company raised ₹1486.08 Lakh through a fresh issue of 10,32,000 equity shares. As of March 31, 2026, ₹247.81 Lakh earmarked for plant and machinery remained unutilized, with ₹105.84 Lakh temporarily invested in fixed deposits and ₹141.97 Lakh used for interim working capital, though the company states the latter was subsequently made available before financial statement approval.

• · The IPO was listed on the SME Platform of BSE Limited on January 30, 2026.
• · The company is not required to appoint a monitoring agency for IPO proceeds.
• · The statutory auditor issued an unmodified audit opinion for the financial year ended March 31, 2026.
• · The deviation in utilization is classified as a temporary category-wise variation, not a change in objects.
• · No shareholder approval was sought as there was no proposed change in objects.

26-05-2026

ONGC's Board approved audited standalone and consolidated financial results for FY ended March 31, 2026, and recommended a final dividend of ₹1 per share (20% of face value ₹5). The Board also approved in-principle a 50:50 JV with Gujarat Maritime Board for a 5 MMTPA liquid port at Dahej, and authorized a parent company guarantee of up to USD 325 million for abandonment liability of a Brazilian subsidiary. However, the auditor's report highlights significant contingent liabilities, including a USD 1,624.05 million (₹15,225 Crore) demand related to the PMT JV arbitration and disputed tax demands of ₹2,187 Crore (standalone) and ₹6,683 Crore (JV partners' share).

• · The Board meeting commenced at 14:45 hrs and concluded at 19:15 hrs on May 26, 2026.
• · The final dividend of ₹1 per share (20%) is subject to shareholder approval at the AGM.
• · The JV with GMB is pending investment approvals by JV partners and DIPAM approval.
• · The parent company guarantee for BC-10 is a related party transaction at arm's length guarantee fees based on transfer pricing study.
• · The company had ₹1,000 crore unsecured NCDs as on 31.03.2026; security cover not applicable.
• · Auditor's emphasis of matter includes a contingent liability of ₹15,225 Crore (PMT JV arbitration) and disputed tax demands of ₹2,187 Crore (standalone) and ₹6,683 Crore (JV partners' share).
• · A refund of ₹2,088 Crore of Terminal Excise Duty is considered good and recoverable.

26-05-2026

Jayshree Tea & Industries Ltd. is voluntarily delisting its equity shares from The Calcutta Stock Exchange Limited. A notice was published on May 25, 2026, in Business Standard (English and Hindi) and Arthik Lipi (Bengali) as per SEBI delisting regulations. The company will continue to be listed on NSE and BSE.

• · Voluntary delisting from Calcutta Stock Exchange only; shares remain listed on NSE and BSE.
• · Notice published on May 25, 2026, in three newspapers: Business Standard (English), Business Standard (Hindi), and Arthik Lipi (Bengali).
• · Reference to SEBI (Delisting of Equity Shares) Regulations, 2021, Regulations 5 and 6.