11 Sep 2026
Ceigall India

Ceigall India Limited announced that its board approved the acquisition of 100% of the shares of Jam Khambhaliya Jamnagar Power Transmission Limited (JKJTL), a wholly owned subsidiary of REC Power Development and Consultancy Limited, for Rs 5,00,000, and a 49% equity investment in a joint venture company to be incorporated with HCC Concessions Limited, with a subscription of 4,900 equity shares for Rs 49,000. The acquisition of JKJTL is linked to a Letter of Intent received from REC Power Development and Consultancy Limited for a power transmission project, and the joint venture will focus on infrastructure development and construction activities.

Ratnaveer Precis

Ratnaveer Precision Engineering Limited announced the allotment of 1,24,99,669 fully paid-up equity shares at a price of Rs 264 per share, including a share premium of Rs 254 per share, on a rights basis to eligible shareholders. The company's paid-up equity share capital post the rights issue is Rs 83,92,63,500, according to a filing with the National Stock Exchange of India Limited and BSE Limited on September 10, 2026. The allotment involved a total value of Rs 329.99 crore, and the board also approved the extinguishment of lapsed rights entitlements and deactivation of the associated ISIN.

Blackbuck

BlackBuck Limited, formerly known as Zinka Logistics Solutions Limited, announced that its board of directors approved the incorporation of a wholly owned subsidiary in India, tentatively named BlackBuck Transport Services Private Limited or BlackBuck Trucking Services Private Limited, with a share capital of 100% to be subscribed in cash at a face value of Rs 10 per share. The new entity will focus on logistics products and services, including transportation of goods and the provision of electronic platforms for transport assets, and will be considered a related party of BlackBuck Limited.