India IPO SEBI DRHP Activity Filings — May 15, 2026

15-05-2026

Wipro Limited, through its subsidiaries, has completed the acquisition of 100% shareholding in Mindsprint Pte. Ltd. and its subsidiaries on May 15, 2026, ahead of the expected closing date of June 30, 2026. The transaction was initially disclosed in a letter dated April 6, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No financial terms or performance impacts were detailed in the disclosure.

• · Disclosure addressed to BSE (507685), NSE (WIPRO), and NYSE (WIT).
• · Transaction completion date: May 15, 2026.

15-05-2026

TVS Motor Company Limited disclosed that its wholly-owned subsidiary TVS Motor (Singapore) Pte. Ltd. and step-down subsidiary TVS EBike Company AG entered into asset transfer agreements on May 14, 2026, with Callista Asset Management 33 GmbH for certain assets and liabilities of TVS EBike, amid evolving market conditions. TVS EBike reported standalone turnover of CHF 51.55 Mn and net worth of CHF 2.63 Mn for calendar year 2025, with estimated consideration of CHF 16 Mn (book value of net assets) payable over 24 months. The transaction is not a related party deal, with completion expected by August 13, 2026.

• · Date and time of event occurrence: May 14, 2026 at 7.55 P.M.
• · Expected date of completion: August 13, 2026.
• · Consideration to be settled over 24 months.
• · No unit or division transfer; no change in shareholding pattern.
• · Transaction not within related party transactions or Scheme of Arrangement.

15-05-2026

Kiaasa Retail Ltd's Board approved extension of unutilized IPO proceeds timeline to March 31, 2027, with no change in objects. In FY 2026, the company utilized only ₹23.60 Cr out of ₹30.76 Cr planned for opening 41 new stores, achieving just 4 openings due to delayed listing on March 2, 2026 after DRHP in April 2025. Inventory expenditure was 18% higher than projected, while fit-out expenses were 96% lower.

• · DRHP filed in April 2025
• · IPO listing occurred on March 2, 2026
• · Unutilized proceeds to be carried forward to FY 2027

15-05-2026

Jinkushal Industries Limited's Monitoring Agency Report by CARE Ratings Limited for the quarter ended March 31, 2026, confirms utilization of fresh IPO proceeds of Rs.104.54 crore largely as per the offer document, with working capital funded at Rs.72.45 crore out of Rs.72.68 crore proposed. However, there were minor deviations including over-utilization in general corporate purposes by 0.33% (Rs.0.07 crore) and offer expenses by 1.53% (Rs.0.16 crore), alongside under-utilization in working capital by 0.32% (Rs.0.23 crore redeployed elsewhere). All deviations remain below 10% and are not considered material.

• · IPO issue period: September 25, 2025 to September 29, 2025
• · Scrip code on BSE: 544547; Trading symbol: JINKUSHAL
• · Report reviewed by Audit Committee and Board on May 15, 2026
• · Auditor certificate from Singhal & Sewak dated May 13, 2026 (limited assurance)
• · Company sector: Construction Equipment
• · No major deviations observed over prior monitoring reports; no change in means of finance or government approvals needed

15-05-2026

Kavveri Defence & Wireless Technologies Limited received in-principle approval from National Stock Exchange of India Limited (NSE) for listing 1,85,00,000 equity shares (distinctive numbers 34374261 to 52874260) and 72,50,000 equity shares (distinctive numbers 52874261 to 60124260) of Rs. 10/- each at an issue price of Rs. 16/- (including premium of Rs. 6/-) pursuant to conversion of warrants issued on preferential basis to promoters and non-promoters. The listing is subject to confirmation from depositories NSDL and CDSL for crediting beneficiaries' accounts. No performance metrics or comparisons are mentioned in the filing.

• · NSE Symbol: KAVDEFENCE; BSE Scrip Code: 590041
• · CIN: L85110KA1996PLC019627
• · Company website: www.kavveridefence.com; Email: cs@kavveridefence.com

15-05-2026

Powerica Limited notified BSE and NSE of the update to its Corporate Identification Number (CIN) to L31100MH1984PLC032825 and its listing status as a Listed Public Company on the Ministry of Corporate Affairs (MCA) website, following the equity shares listing on both exchanges on April 02, 2026. The company's authorised capital stands at Rs 1,10,00,00,000 and paid-up capital at Rs 63,27,59,385, with active compliance status confirmed via MCA master data. No financial performance metrics or period-over-period changes are reported in this administrative update.

• · Date of Incorporation: 04/05/1984
• · Date of last AGM: 04/07/2025
• · Date of Balance Sheet: 31/03/2025
• · BSE Scrip Code: 544744
• · NSE Symbol: POWERICA
• · ROC: ROC Mumbai I

15-05-2026

The Monitoring Agency Report for the quarter ended March 31, 2026, confirms no deviation from IPO objects for Yajur Fibres Limited's ₹120.408 crore issue, with ₹64.23 crore utilized including full deployment for working capital (₹36.00 crore) and general corporate purposes (₹10.00 crore), and nearly complete IPO expenses (₹14.32 crore out of ₹14.48 crore). However, significant delays affected capex: only ₹3.41 crore out of ₹11.93 crore for expanding the existing unit and ₹0.50 crore out of ₹48.00 crore for the subsidiary greenfield unit, leaving ₹56.17 crore unutilized due to Middle East crisis impacts on timelines, with no board approvals for extensions. Funds were routed via cash credit accounts causing commingling, and the subsidiary awaits Consent to Operate and Final Fire NOC.

• · No Board approval taken for delays in capex timelines originally set for FY25-26; extension to March 2027 proposed
• · Commingling of IPO proceeds with other transactions in cash credit account; relied on management classification and CA certificate
• · Payments made to vendors not mentioned in prospectus for civil works and plant & machinery
• · Subsidiary project: all approvals received except Consent to Operate and Final Fire NOC, expected post-completion
• · First Monitoring Agency report; no major deviations from objects or prior reports (N/A)

15-05-2026

GSP Crop Science Limited disclosed the Monitoring Agency Report by CRISIL Ratings for the quarter ended March 31, 2026, confirming utilization of ₹1,147.69 million from the ₹2,400 million gross proceeds of its March 2026 IPO fresh issue towards stated objects. Utilizations included ₹965 million for debt repayment (out of ₹1,700 million), ₹107.64 million for general corporate purposes (out of ₹503.17 million), and ₹75.05 million for issue expenses (out of ₹196.83 million), with the remaining ₹1,252.31 million unutilized and deployed in fixed deposits and bank accounts. No deviations, delays, or changes from the prospectus were noted, and all progress aligns with planned deployment.

• · Promoters include Kappa Trust and Alpha Trust
• · IPO issue period: March 16 to March 18, 2026; Scrip code 544733; Trading symbol GSPCROP
• · Unutilized proceeds deployed in FDs earning 4.80% to 7.25% returns (market value ₹1,254.78 million at quarter end)
• · Report approved by Audit Committee and Board on May 14, 2026
• · Industry/sector: Pesticides & Agrochemicals

15-05-2026

Bharti Airtel Limited received a notice from the Department of Telecommunications, Uttar Pradesh (East) LSA, imposing a penalty of ₹1,06,000 for alleged violations of subscriber verification norms during the March 2026 CAF Audit. The company has opted not to contest the penalty and will pay it, limiting the financial impact to the penalty amount itself. No broader operational or financial disruptions are anticipated.

• · Notice received on May 14, 2026 at 18:12 IST
• · Penalty relates to CAF Audit conducted for March 2026
• · Disclosure pursuant to Regulation 30 of SEBI Listing Regulations