India Stock Market Daily Regulatory Digest — June 28, 2026

28-06-2026

Tanla Platforms Limited released its Integrated Annual Report for FY26, highlighting an S&P Global ESG score of 80 (100th percentile globally), consistent recognition as a Gartner CPaaS Visionary for the fourth year, and delivery of over 2 billion RCS messages per month. However, the report notes that broad-based adoption of its Wisely.ai anti-scam solution has been slower than the pace of threats, and the company faces challenges from fragmentation and legacy systems.

• · Tanla named in S&P Global Sustainability Yearbook 2026 and ranked top 1% in Software industry.
• · Tanla received Best Made-in-India Telecom Innovation award at IMC 2025 for Wisely.ai.
• · Tanla recognized as Runner-Up for Corporate Governance at ICC Awards 2026.
• · Tanla named Best Organization for Women 2026 by ET Edge for second consecutive year.
• · Karix earned Meta's Partner of the Year 2025.
• · ValueFirst recognized as Google's Anchor Partner for 2025.
• · Tanla's S&P Global ESG score of 80 is more than three times the industry average of 24.
• · Broad-based adoption of Wisely.ai has been slower than the pace of threats due to fragmentation and legacy systems.

28-06-2026

ADF Foods Limited announced that its step-down wholly owned subsidiary, ADF Foods (USA) Ltd., received a substantially favorable order from the United States District Court, Southern District of New York in litigation filed by Ascot Valley Foods, Ltd. The court awarded ADF Foods (USA) Ltd. US$ 2,298,114 in disgorgement of Ascot's profits for misappropriation of proprietary recipes/trade secrets, while limiting ADF's liability to only US$ 100,706.96 plus interest. The order is a significant positive outcome, though the company notes that the amounts are subject to final judgment and further proceedings, and no immediate financial statement impact has been recognized.

• · The litigation arose from a co-pack agreement violation claim by Ascot Valley Foods, Ltd. against ADF Foods (USA) Ltd., with ADF filing counterclaims for misappropriation of proprietary recipes/trade secrets.
• · The court has directed ADF to file a proposed judgment for its trade secret claim, including a mechanism for computing damages beyond 2025 and a proposed permanent injunction order.
• · The parties have 14 days from the order date to meet and confer, and if in disagreement, raise objections to the proposed judgment and injunction order.
• · The company states that the awarded amount should not be construed as having any immediate financial statement or profit and loss impact and will be assessed in accordance with applicable accounting standards up to completion of the relevant legal and accounting evaluation.

28-06-2026

Alok Industries Limited announced that its 39th Annual General Meeting (AGM) will be held on July 24, 2026, at 1:00 PM IST via video conferencing. The cut-off date for voting eligibility is July 17, 2026. The notice provides details for shareholder participation and voting.

• · AGM will be held via Video Conferencing / Other Audio-Visual Means as per MCA and SEBI circulars.
• · Cut-off date for voting eligibility is July 17, 2026.

28-06-2026

Uniparts India Limited has announced a virtual meeting with Philip Capital on July 1, 2026, at 12:00 PM IST pursuant to SEBI listing regulations. The company has clarified that no unpublished price sensitive information (UPSI) will be shared during the meeting.

28-06-2026

Adani Green Energy Limited (AGEL) announced the operationalization of a 150 MW solar power project at Khavda, Gujarat, through its wholly-owned stepdown subsidiary Adani Renewable Energy Eight Limited (ARE8L). With this addition, AGEL's total operational renewable generation capacity reached 19,985.8 MW and total operational BESS capacity reached 3,366 MWh. The plant was operationalized at 10:42 p.m. on June 27, 2026, and commenced power generation from June 28, 2026.

• · The project is located at Khavda, Gujarat.
• · The decision to operationalize was made at 10:42 p.m. on June 27, 2026.
• · Power generation commenced from June 28, 2026.

28-06-2026

Waaree Energies issued a media statement clarifying that U.S. Customs and Border Protection (CBP) confirmed the company did not export solar modules made with Chinese-origin solar cells to the U.S., and that no adverse inference was drawn against it. The determination is limited to a narrow subset of historical entries and is not final; Waaree is evaluating legal remedies. The company states its U.S. business continues normally with no impact on operations.

• · CBP investigation EAPA Consolidated Investigation No. 8163 included an on-site verification of Waaree's manufacturing facility in India.
• · CBP declined the petitioner's request to make an evasion finding covering all of Waaree's imports.
• · Waaree has the right to seek de novo administrative review and judicial review before the U.S. Court of International Trade.

28-06-2026

WPIL Ltd has received a letter from Madhya Pradesh Jal Nigam alleging delay in contractual milestones, resulting in a debarment from future tenders for up to three years or until completion of certain ongoing contracts. The company states the order has no impact on existing financial or operational activities and is considering legal remedies.

• · Debarment period is until completion and commissioning of certain ongoing contracts or three years, whichever is earlier.
• · The contracts in question are under contest.
• · Company is contemplating appropriate legal remedies.

28-06-2026

Sigma Advanced Systems Limited (formerly Megasoft Limited) held an Extraordinary General Meeting (EGM) on June 28, 2026, via video conferencing to consider and approve two special resolutions: the issuance of equity shares on a preferential basis for cash and for consideration other than cash. The meeting was chaired by Mr. Kalyan Vijay Sivalenka, and management discussed the company's strategic acquisitions, global expansion into the aerospace and defense sector, and plans for raising capital to support future growth. The resolutions are expected to be passed with the requisite majority, with voting results to be announced after the Scrutinizer's report.

• · The EGM was held on June 28, 2026, at 11:00 AM IST via Video Conferencing/Other Audio-Visual Means.
• · The meeting was conducted in compliance with MCA and SEBI circulars regarding virtual meetings.
• · Remote e-voting was open from June 24, 2026, 9:00 AM to June 27, 2026, 5:00 PM.
• · The two special resolutions involve issuing equity shares on a preferential basis for cash and for consideration other than cash.
• · The company has entered the global Aerospace and Defence sector through strategic acquisitions.
• · Management is continuously evaluating acquisition and investment opportunities across global markets.
• · The meeting concluded at 12:03 PM.

28-06-2026

Netweb Technologies India Limited has informed the stock exchanges that a Board Meeting is scheduled for July 1, 2026, to consider proposals for raising funds through various instruments including QIP, private placement, FPO, or rights issue. The trading window for designated persons has been closed from June 28, 2026, until 48 hours after the meeting outcome.

• · Board meeting scheduled for July 1, 2026
• · Fundraising proposals include QIP, private placement, FPO, rights issue, and other equity/debt instruments
• · Trading window closed from June 28, 2026 for designated persons and their relatives

28-06-2026

JK Cement Limited's wholly owned subsidiary, JK Maxx Paints Limited, received a GST demand order from the Additional Commissioner of State Tax, Patna, dated June 27, 2026. The order dropped a tax demand of ₹33,32,100 but confirmed a demand of ₹49,512 along with applicable interest and a penalty of ₹20,000. The company believes it has a strong case on merits and plans to appeal before the GSTAT within three months, stating the order does not have a major financial impact.

• · The order was received by the company on June 27, 2026 at around 6:30 PM IST.
• · The violation alleged is wrong availment of Input GST as not matched with GSTR 2B/2A.
• · The company intends to file an appeal before the GSTAT within 3 months from the date of receipt of the order.

28-06-2026

Apollo Micro Systems Limited has scheduled a Board Meeting on July 6, 2026, to consider issuing equity shares and/or convertible securities (including warrants) on a preferential basis under SEBI (ICDR) Regulations. The trading window for designated persons will be closed from July 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter ending June 30, 2026. No financial results or performance data are disclosed in this filing.

• · Board meeting date: July 6, 2026
• · Trading window closure: from July 1, 2026 until 48 hours after declaration of Q1 FY27 (quarter ending June 30, 2026) results
• · Meeting will also consider other items as per agenda or with Chair's permission

28-06-2026

Camlin Fine Sciences Limited has informed the stock exchanges about a group meeting with investors and analysts scheduled for July 1, 2026, at 4:00 PM IST in Mumbai. The company stated that discussions will be based on publicly available information and no unpublished price-sensitive information (UPSI) is intended to be discussed.

• · The meeting is scheduled for July 1, 2026, at 4:00 PM IST in Mumbai.
• · The company explicitly states that no unpublished price-sensitive information (UPSI) will be discussed.
• · The date of the scheduled call is subject to change due to exigencies on the part of analysts/investors/company.

28-06-2026

Olympic Cards Limited disclosed a default of ₹0.1517 Cr (₹15,17,273) to HDFC Bank Ltd on a term loan, consisting of principal ₹0.1260 Cr and interest ₹0.0257 Cr, with the default date being May 28, 2026. The company's total outstanding borrowings from banks/financial institutions stand at ₹8.69 Cr, and total financial indebtedness as of March 31, 2026, is ₹8.74 Cr. This is a material event indicating financial distress, though the default amount is relatively small compared to the total loan of ₹15.5 Cr.

• · The total outstanding borrowings from banks/financial institutions is ₹8.69 Cr.
• · Total financial indebtedness of the listed entity as on March 31, 2026, is ₹8.74 Cr.
• · The term loan from HDFC Bank Ltd has a principal amount of ₹15.5 Cr, tenure of 120 months, secured, and interest rate of 11.05%.
• · The HDFC Bank Ltd total outstanding amount is ₹3.04 Cr.

28-06-2026

Persistent Systems announced a landmark strategic long-term agreement with a US-based global technology leader valued at $650M+ TCV over 6.5 years ($125M+ ACV) and a voluntary public takeover offer for Nagarro at EUR 81 per share to create the Persistent-Nagarro Group, a transatlantic AI-led digital engineering powerhouse with 46,000+ employees across 40+ countries and combined revenue of ~USD 2.9B. The deal is expected to be cash EPS accretive in the first year and closing is anticipated in Q4 CY26/Q1 CY27. However, Nagarro's standalone revenue growth has been modest at 5.3% 3-year CAGR, and the transaction is subject to regulatory approvals including from the German Federal Financial Supervisory Authority.

• · Persistent's FY26 revenue was $1,654M with a 5-year CAGR of 23.9%.
• · Persistent's FY26 EBIT margin was 15.6% and PAT margin was 12.6%, each including a ~0.5-0.6% one-time impact from New Labour Codes.
• · Nagarro's TTM March 2026 revenue was €1,001M ($1,141.1M) with a 3-year CAGR of 5.3%.
• · Nagarro's TTM March 2026 adjusted EBITDA was €139M, with margin of 13.9% (or 18.4% as reported by the company excluding certain items).
• · The takeover offer is subject to approval by the German Federal Financial Supervisory Authority (BaFin).
• · ~21% of Nagarro shares are already secured via SPA and tender intentions from management.
• · The combined group will have 46,000+ employees across 40+ countries.
• · Persistent has ~27,500 professionals (23,500+ in India, 3,000+ in North America, 300+ in Europe, 200+ in Rest of World).
• · Nagarro has 18,500+ professionals (13,500+ in India, 3,000+ in Europe, 500+ in US, 1,500+ in Rest of World).
• · Persistent is included in indices such as MSCI India Index, S&P BSE100, Nifty IT, Nifty Midcap Liquid15.

28-06-2026

LIC reported strong financial performance for FY26 with Total Premium Income of ₹535,984 Cr (up 9.8% YoY) and PAT of ₹57,419 Cr (up 19.2% YoY). Net VNB Margin improved to 21.2% from 17.6% in FY25, while the solvency ratio strengthened to 235% from 211%. However, the share of Participating products in individual new business continued to decline to 39.2% from 46.7% in FY25, and the agency channel's premium share fell to 91.8% from 93.9%.

• · CFO Sunil Agrawal resigned effective July 14, 2026.
• · LIC achieved a CareEdge-ESG 1 rating with an ESG score of 74.0.
• · Bima Sakhi Yojana appointed 3.45 lacs MCAs, sold 21.94 lacs policies, procured NBP of ₹2,848.36 Cr, with 61.16% of policies and 57.72% of premium from rural areas.
• · LIC's market share by NBP is 56.7% (public sector) vs 43.3% private sector.
• · Death Claim Settlement Ratio improved to 99.44% in FY26 from 99.41% in FY25.
• · Gross NPA ratio for policyholders fund improved to 1.21% from 1.46%.
• · LIC has 3,636 branches/satellite offices covering 92% of districts in India.
• · Bancassurance and alternate channels premium share increased to 8.2% from 6.1% in FY25.
• · Non-Participating products now constitute 60.8% of individual new business premium (up from 53.3% in FY25).
• · LIC's IEV increased to ₹7,89,185 Cr from ₹7,76,876 Cr, driven by VNB of ₹14,179 Cr and unwinding of ₹74,748 Cr, partially offset by economic assumption changes (-₹72,740 Cr) and dividend payout (-₹7,590 Cr).