India Pre-Market Regulatory Roundup — June 27, 2026

26-06-2026

Tata Technologies Limited held its 32nd Annual General Meeting on June 26, 2026, where all seven resolutions, including the adoption of standalone and consolidated financial statements, declaration of a final dividend (including a special dividend), re-appointment of director Shailesh Chandra, and three material related party transactions with Tata Motors Passenger Vehicles Limited, Tata Motors Limited, and Jaguar Land Rover Limited, were passed with overwhelming shareholder approval. While resolutions 1-3 and 5-7 received near-unanimous support (over 99.9% in favour), resolution 4 (re-appointment of Shailesh Chandra) saw notable dissent from public institutional shareholders, with 14.67% voting against, though it still passed with 98.2% overall approval.

• · Total outstanding shares: 406,051,830
• · Promoter and Promoter Group held 224,024,736 shares (55.2% of total) and voted 100% in favour on all resolutions where they were not deemed interested.
• · Public institutional shareholders (43,360,428 shares) voted 100% in favour on resolutions 1-3 and 5-7, but only 85.33% in favour on resolution 4 (re-appointment of Shailesh Chandra).
• · Public non-institutional shareholders (138,666,666 shares) showed minimal dissent across all resolutions, with votes against ranging from 0.0269% to 0.1762%.
• · For resolutions 5, 6, and 7 (material related party transactions), promoter group did not vote as they were deemed interested, resulting in only public shareholders voting (10.08% of total shares polled).
• · The Scrutinizer's report was prepared by Jayavant B. Bhave, FCS 4266, CP 3068.

26-06-2026

Generic Engineering Construction and Projects Limited announced that shareholders have approved, via postal ballot, the appointment of Mr. Rajesh Kumar Yadav (DIN: 11120618) as a Non-Executive Independent Director and Mrs. Shital Laxmikant Lokhande (DIN: 11163063) as an Executive Whole Time Director. Both special resolutions passed with overwhelming support, receiving over 99.99% of valid votes cast. There was negligible opposition (0.00% of valid votes against each resolution).

• · Remote e-voting was conducted from May 27, 2026 (9:00 AM) to June 25, 2026 (5:00 PM).
• · The Scrutinizer's Report was submitted on June 26, 2026.
• · Both resolutions were passed as Special Resolutions with the requisite majority.
• · Voting was conducted only through electronic means (remote e-Voting) provided by NSDL.
• · No invalid votes were recorded for either resolution.

26-06-2026

Tata Steel disclosed that the GST Department has filed an appeal against an Adjudication Order that had dropped a penalty of ₹368,72,21,158. The underlying GST demand dispute (aggregate ₹1,007.54 Cr, of which ₹493.35 Cr was contested) is already under a stay granted by the Jharkhand High Court. The company believes it has a strong case and will contest the appeal, stating no impact on financial or operational activities.

• · The Department's appeal was filed on June 16, 2026 before the Commissioner (Appeals) of CGST & Central Excise, Ranchi.
• · The original Adjudication Order was passed on December 18, 2025.
• · The underlying show cause notice covered the period FY2018-19 through FY2022-23.
• · The Jharkhand High Court had granted a stay on all further proceedings on March 24, 2026.
• · The company states there is no impact on financial, operational, or other activities from this appeal.

26-06-2026

TeleCanor Global Limited has informed the stock exchange that a Board Meeting is scheduled for June 29, 2026, to consider opening a branch office in Yellamanchili, Andhra Pradesh, review the labour situation, discuss strategic utilization of its land bank in Anakapalli District, and review business operations. The filing provides no financial figures or performance data, only an agenda for the upcoming meeting.

• · Board meeting scheduled for June 29, 2026 at 4:00 PM at the registered office in Hyderabad.
• · Agenda includes reviewing the prevailing labour situation and considering resolution measures.
• · Discussion on revaluation and potential business opportunities related to the company's land bank in Anakapalli District.

26-06-2026

Adani Ports and Special Economic Zone Limited (APSEZ) announced that CareEdge ESG Ratings has upgraded its ESG score to 84.3, improving by 3.3 points from the previous score of 81, and assigning it the highest rating of CareEdge-ESG 1+. The upgrade reflects APSEZ's continued progress in environmental performance, social outcomes, and governance, solidifying its leadership position in ESG within the ports and logistics sector.

• · The rating incorporates the latest disclosures from APSEZ's FY26 Integrated Annual Report.
• · Enhanced environmental performance driven by reductions in emissions, energy, water and waste intensities, and increased renewable energy adoption.
• · Improved social outcomes include expanded safety training coverage, stronger grievance redressal mechanisms, and progress in diversity, pay equity and employee engagement.
• · Governance improvements include continued Board-level ESG oversight, comprehensive governance training, and enhanced value chain engagement.

26-06-2026

KEC International announced that Power Grid Corporation of India Limited (PGCIL) has revoked its exclusion order, effective June 26, 2026, allowing the company to immediately resume participation in PGCIL tenders and contracts. The exclusion had been in place since November 18, 2025, for a period of 9 months, and was lifted after the company made representations and took corrective actions.

• · The exclusion order was originally effective from November 18, 2025, for a period of 9 months.
• · The revocation is effective from June 26, 2026, and the company is permitted to participate as a bidder/sub-contractor with immediate effect.
• · The company states it continues to uphold high standards of corporate governance, ethics, and compliance.

26-06-2026

HDFC Bank has concluded a legal review initiated in March 2026 to evaluate concerns raised in Atanu Chakraborty's resignation letter. The review, conducted by external law firms Wilson Sonsini Goodrich & Rosati and Wadia Ghandy & Co., found that the statements and their implications were not substantiated by records or witness interviews. However, Mr. Chakraborty declined to be interviewed as part of the process.

• · The review covered the two years preceding Mr. Chakraborty’s resignation.
• · External law firms reviewed thousands of documents and interviewed Independent Directors, the MD & CEO, and senior management of control and assurance functions.
• · The Bank repeatedly requested an interview with Mr. Chakraborty, but it did not occur.

26-06-2026

Orient Green Power Company Limited has issued the notice for its 19th Annual General Meeting (AGM) to be held on July 22, 2026 via video conferencing. The AGM will consider the adoption of audited financial statements for FY 2025-26, re-appointment of directors, and approval of material related party transactions with subsidiary Beta Wind Farm Private Limited (up to ₹3,480 Lakhs). Additionally, a special resolution seeks shareholder approval to provide loans, guarantees, or security to subsidiaries up to ₹1,000 Crore under Section 185 of the Companies Act.

• · AGM will be held on July 22, 2026 at 11:00 AM IST via VC/OAVM; no physical venue or proxy facility.
• · Book closure from July 15, 2026 to July 22, 2026 (both days inclusive).
• · Cut-off date for voting rights: July 15, 2026.
• · Remote e-voting and e-voting at AGM will be scrutinized by M. Alagar of Alagar & Associates LLP.
• · Related party transaction with Beta Wind Farm includes revenue from O&M services (₹3,000 Lakhs), fair valuation of corporate guarantee (₹180 Lakhs), shared service expenses (₹250 Lakhs), and interest income (₹50 Lakhs).
• · Maximum loan/guarantee/security to subsidiaries is ₹1,000 Crore outstanding at any point in time.

26-06-2026

Om Power Transmission Ltd has disclosed insider trading transactions under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing, dated June 26, 2026, includes Form C received from designated persons detailing trades in the company's equity shares. No specific financial figures or transaction details are provided in the filing.

• · The filing is made under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
• · The company was formerly known as Om Power Transmission Private Limited.
• · The disclosure is in Form C format as required by the regulations.

26-06-2026

Dixon Technologies (India) Limited informed stock exchanges that its officials held in-person one-on-one meetings with Investec Capital and DSP Mutual Fund on June 26, 2026. The company confirmed that no unpublished price-sensitive information was shared and no presentation was made during these meetings.

• · Meetings were conducted in-person at 12:30 PM (Investec Capital) and 3:30 PM (DSP MF) on June 26, 2026.
• · The filing is made under Regulation 30 and 46 of SEBI (LODR) Regulations, 2015.
• · No presentation was made at either meeting.

26-06-2026

Schaeffler India has appointed two new directors effective July 1, 2026: Mr. Christophe Hannequin, the CFO of parent Schaeffler AG, as a Non-Executive Non-Independent Director and Mr. Chetan Kumar Maini, a recognized EV pioneer, as an Independent Director for a five-year term. The appointments are subject to shareholder approval via an upcoming postal ballot and the annual general meeting. The changes strengthen the board with global financial leadership and deep expertise in India’s electric mobility ecosystem.

• · Mr. Christophe Hannequin joined the Schaeffler Group in January 2025 and is the Group CFO responsible for Finance and IT, and a member of the Executive Board of Schaeffler AG.
• · Mr. Chetan Kumar Maini is a pioneer in India’s electric vehicle ecosystem and serves on the boards of several Maini Group companies focusing on electric mobility, EV powertrain integration, and battery swapping infrastructure.
• · Both appointments are subject to shareholder approval via an ordinary resolution (for Hannequin) and a special resolution (for Maini) through a postal ballot and the ensuing AGM.

26-06-2026

Tata Chemicals Limited held its 87th Annual General Meeting on June 26, 2026, via video conferencing. All five resolutions, including adoption of financial statements, dividend declaration, and re-appointment of Chairman S. Padmanabhan, were passed with requisite majority. The meeting highlighted the company's performance for FY 2025-26 and growth plans, with no qualifications from auditors.

• · All resolutions passed with over 99% votes in favour, except Resolution 4 (re-appointment of S. Padmanabhan) which received 99.31% in favour.
• · Promoter and Promoter Group voted 100% in favour on all resolutions.
• · Public Non-Institutions showed some dissent: up to 9.69% against Resolution 4 and 6.30% against Resolution 2.
• · Total votes polled ranged from 68.56% to 68.63% of outstanding shares.

26-06-2026

Clean Max Enviro Energy Solutions Ltd has issued a corporate guarantee of INR 11.35 Crore on behalf of its subsidiary, Clean Max Nile Private Limited, to secure term loan facilities. The guarantee is provided at arm's length and the promoter/promoter group has no interest in the transaction. The company notes that the guarantee represents a contingent liability but currently has no impact on the listed entity.

• · The corporate guarantee is issued under Regulation 30 of SEBI Listing Regulations.
• · The guarantee is provided at arm's length and the promoter/promoter group has no interest.
• · The guarantee is a contingent liability for the company but currently has no impact on the listed entity.

26-06-2026

Max Healthcare Institute Limited received a penalty order of ₹11,33,130 from the Income Tax Department on June 26, 2026, for transactions with an employee and vendor that were adjusted via journal entries and deemed as loans/deposits. The company states there is no other financial, operational, or other impact beyond this amount, and management is filing an appeal against the order.

• · Penalty imposed for transactions with an employee and vendor adjusted through journal entries against past debit/credit entries.
• · IT Department considered these transactions as loan/deposit.
• · Management is in the process of filing an appeal against the order.
• · Order received by the company on June 26, 2026 at 10:23 am.

26-06-2026

Longspur International Ventures Limited has approved a phased preferential allotment of 76,20,000 equity shares of ₹10 each at par (₹10/share) to 16 investors, raising a total of up to ₹5,23,00,000. The allotment was approved by the board on 26th June, 2026 and follows in-principle approval from the exchange. Post-allotment, the company's issued and paid-up capital increased to 3,01,80,000 equity shares.

• · The board meeting was held on 26th June, 2026 from 20:00 to 22:00 hours.
• · In-principle approval from BSE was received vide letter dated 12th June, 2026 (Ref. No. LOD/PREF/MV/FIP/373/2026-27).
• · The issue price is at par (₹10 per share, face value ₹10).
• · Post allotment, the total paid-up capital increased to 3,01,80,000 equity shares (₹3,01,80,000).
• · The allotment included both promoter and non-promoter categories, with 15 non-promoter investors and 1 promoter (Vinod Harmukhrai Beriwal, who already held 6,98,500 shares before the issue).
• · The largest investor in this tranche is Kamlesh S Chechani (8,50,000 shares), followed by Vinod Harmukhrai Beriwal (8,20,000 shares).

26-06-2026

Honasa Consumer Limited received a favorable rectification order in its arbitration proceedings against RSMM General Trading LLC, correcting computational errors in the initial award. The final amended award directs RSMM to pay a total of AED 9,918,514 (approx. INR 25,53,55,217.67), including an upward revision of loss of profits from AED 4.34 million to AED 7.32 million. The order also provides protection against Dubai court proceedings, requiring RSMM to indemnify Honasa for any amounts recovered in those proceedings.

• · The Section 33 Order was passed on June 26, 2026, and received at 12:42 pm IST.
• · The correction in loss of profits arose because the Arbitral Tribunal had inadvertently used figures for FY 2020-21 instead of FY 2021-22.
• · Post-award interest on AED components is at EIBOR + 2% per annum, and on INR component at SBI Prime Lending Rate (PLR) + 2% per annum, if unpaid after 30 days.
• · The order includes a permanent prohibitory injunction restraining RSM from initiating or continuing proceedings in Dubai or any other forum in breach of the ADA.

26-06-2026

Raymond Lifestyle Limited announced that Mr. Amit Agarwal has relinquished his position as President – Chairman's Office and Senior Management Personnel, effective from the close of business hours on June 30, 2026, due to personal reasons. The company has filed the requisite intimation under Regulation 30 of SEBI Listing Regulations.

• · Mr. Amit Agarwal's relinquishment is effective from close of business on June 30, 2026.
• · The reason cited is personal reasons.
• · The company's scrip code is 544240 and symbol is RAYMONDLSL.
• · The filing was made on June 26, 2026.

26-06-2026

Glittek Granites Ltd. announced the reclassification of former promoters (Sellers) to public shareholders following a change in control. The Acquirers, led by Maheshkumar Jatashankar Thanki and others, acquired 62.99% equity from Sellers via a share purchase agreement and completed an open offer for an additional 26%. The new promoter group now holds 70.59% of the company effective June 26, 2026.

• · Share purchase agreement dated January 6, 2025
• · Open offer post-offer advertisement submitted on June 16, 2026
• · Board meeting outcome on June 25, 2026 confirmed change in management and control
• · Sellers reclassified to public: Ashoke Agarwal (2.57%), Manjula Agarwal (5.77%), Tushar Agarwal (4.64%), Ashoke Agarwal & Others HUF (0.03%), Kosen Ventures (49.98%)
• · New promoter group includes Rawmin Mining And Industries Private Limited (no shares held directly)

26-06-2026

Hampton Sky Realty Limited disclosed receiving a Provisional Attachment Order dated June 25, 2026 from the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act, 2002. The ED has provisionally attached movable and immovable properties aggregating approximately Rs. 55.57 crore, including bank accounts, fixed deposits, land, commercial premises, and residential apartments in Ludhiana, Gurugram, and Chandigarh, standing in the name of the company, its associated entities, and persons. The company is examining the order and determining the appropriate legal course of action, while noting that financial, operational, or other implications cannot be ascertained at this stage.

• · The ED alleged the matter pertains to the purported sale of mobile phones by the company during FY 2023-2024.
• · The Provisional Attachment Order is applicable from 25.06.2026 for a period of 180 days or until an order is passed by the Adjudicating Authority under Section 8(3) of the PMLA.
• · The company acknowledged a minor delay in disclosure, attributed to time needed to assess relevance and implications of the order.
• · This disclosure follows prior communications on 20 April 2026 and 19 June 2026 regarding ED search proceedings.

26-06-2026

Harish Textile Engineers Limited has resolved a dispute with Makharia Machineries Pvt. Ltd. through an amicable settlement. The company paid the claimed amount in full and final settlement, and the matter has been withdrawn with no further claims. The closure eliminates any further financial, operational, or other impact on the company.

• · The settlement communication was received via email on 26th June, 2026, with a letter dated 25th June, 2026.
• · The dispute was resolved through pre-institution mediation, as referenced in an earlier disclosure dated 22nd June, 2026.
• · The company paid the claimed amount in full and final settlement, though the specific amount is not disclosed.

27-06-2026

Rossari Biotech Limited published its Integrated Annual Report for FY 2025-26, reporting revenue of ₹23,963.65 million, EBITDA of ₹2,859.03 million, and PAT of ₹1,492.13 million. The company declared a final dividend of ₹0.50 (25%) per equity share for FY 2024-25, with a record date of July 10, 2026)Skip. While revenue grew 15.19% YoY, the company's market capitalisation stood at ₹20,968 million, and it added 70+ new customers during the year. However, the filing does not provide segment-level profitability or volume growth data, and the overall growth rate of 15.19% YoY, while healthy, is below the company's historical trajectory of outperforming industry growth.

• · The company has 8 manufacturing hubs including major facilities in Dahej I, Dahej II, Silvassa, Sarigam, and a blending facility in Thailand.
• · A wholly owned subsidiary has been set up in Kingdom of Saudi Arabia (KSA) for a greenfield opportunity.
• · The company has 4 advanced R&D centres and a total manufacturing capacity of 387,100 MTPA.
• · Sustainability highlights include 813,325 GJ renewable energy consumed, 1,800 trees planted, 306 Mt waste recycled, and 37,665 kL water released after treatment.
• · The board has 50% independent women directors.
• · The 17th AGM is scheduled for July 20, 2026 via video conferencing.
• · Remote e-voting runs from July 17, 2026 (9:00 AM IST) to July 19, 2026 (5:00 PM IST).

27-06-2026

Persistent Systems announced a multi-step acquisition of Nagarro SE, a German digital engineering leader with ~18,500 employees and EUR 1 billion (CY25) revenue. The company first established a wholly owned subsidiary (BidCo) in Germany for EUR 135,000, then signed an SPA to acquire 21% of Nagarro from its largest shareholder at EUR 81.00 per share, and approved a Voluntary Public Takeover Offer for 100% of Nagarro. The combined entity would create a ~USD 2.9 billion AI-led engineering powerhouse with 46,000+ employees across 40+ countries. However, the deal is subject to regulatory approvals and shareholder approval, with settlement expected in Q4 CY2026 / Q1 CY2027, and Nagarro's revenue growth has been moderate (CY25: EUR 999.3M vs CY24: EUR 972.0M, +2.8% YoY).

• · Nagarro was founded in 1996 and incorporated as an SE in Germany on January 28, 2020.
• · Nagarro has ~13,500 employees in India, ~3,000 in Europe, ~500 in the US, and ~1,500 in the rest of the world.
• · The combined entity is expected to have strong presence in BFSI, HLS, TMT ($500M+ each), Industrials ($400M+), and Consumer ($300M+).
• · The acquisition is not a related party transaction and is at arm's length.
• · The SPA for the 21% stake is subject to customary closing conditions and regulatory approvals.
• · The Voluntary Public Takeover Offer requires approval by Persistent's members (shareholders) and various regulatory authorities.

27-06-2026

Infomerics Valuation and Rating Limited reaffirmed RITES Limited's long-term rating at IVR AAA with a Stable outlook and short-term rating at IVR A1+ for bank loan facilities totaling Rs. 3555.00 Crore (reduced from Rs. 3790.00 Crore). The rating reflects RITES' strong credit profile, strategic importance as a government undertaking, robust order book of ~Rs. 9,416 crore, and strong liquidity with ~Rs. 2,500 crore cash balance. However, the rating is tempered by exposure to foreign exchange risk and a moderately elongated working capital cycle.

• · Order book of ~Rs. 9,416 crore as on March 31, 2026 represents ~4.1x FY2026 total operating income.
• · RITES is debt-free with strong liquidity (FY2026 cash balance ~Rs. 2,500 crore).
• · The rating is based on standalone financials of RITES Limited.
• · The rating is valid for one year from June 25, 2026 (i.e., until June 25, 2027).
• · No Default Statement must be provided monthly, and quarterly performance results must be submitted within 6 weeks from the close of each calendar quarter.