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BSE Announcements Markets  >  Equity  >  Corporate Actions  > BSE Announcements
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Spacer As on : 19-Aug-2026
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Cipla
A court order has paved the way for the amalgamation of a wholly-owned subsidiary into its parent company, streamlining the merger process under Company Application No. 114/2026. The scheme, involving the Transferor Company merging into the Transferee Company, does not necessitate the issuance of new shares or negatively impact creditors, leading the court to dispense with shareholder and creditor meetings of the Transferee Company, citing precedents like *Mahaamba Investments Limited*. While meetings are waived, the Transferee Company must still provide notice to shareholders, creditors, and regulatory bodies via various channels, allowing a 30-day period for objections. The Applicant Companies are also required to file details regarding corporate guarantees, pending legal cases, and letters of credit, and post the scheme on their website, followed by an affidavit of service within 10 working days.
CG Power & Ind
CG Power and Industrial Solutions Limited announced the appointment of M/s. Price Waterhouse Chartered Accountants LLP as the Statutory Auditors of the company with effect from August 19, 2026, until the conclusion of the 90th Annual General Meeting in 2027, replacing M/s. S R B C & CO LLP, whose resignation was previously disclosed on August 14, 2026.
Elpro Internatio
Ellico International Limited faces significant share pledges totaling approximately 18.1 million shares, representing roughly 110% of its share capital, to secure debt obligations for its promoter group, IGE (India) Private Limited, and Zenox Technology Services Private Limited. The pledges, held by CTL Trusteeship Limited, initially secured INR 120 crores and INR 300 crores in unlisted debentures, respectively. A non-disposal undertaking covers an additional 1.67 million shares, restricting their sale. Kotak Mahindra Bank Limited is the current lender, succeeding DSP Finance Private Limited. The borrowed funds are intended to finance the acquisition of Ellico International Limited equity shares, and a facility agreement aims to prevent dilution of promoter shareholding. These arrangements were disclosed to the BSE Limited on June 19 and July 14, 2026, following initial pledge agreements on June 17, 2026.
Foods & Inns
Foods & Inns Ltd. will close its Register of Members and Share Transfer Books from September 21, 2026, to September 28, 2026, for its 54th Annual General Meeting and dividend distribution, according to a filing with the BSE Limited and National Stock Exchange of India Limited on August 19, 2026.
Gabriel India
Gabriel India Limited shareholders approved an increase in the company’s authorized share capital from Rs 18,72,40,000 to Rs 20,16,44,204 at the 64th Annual General Meeting held on Wednesday, August 19, 2026, according to a regulatory filing. The increase classifies the capital into 19,16,44,204 equity shares of Rs 1 each and 1,00,000 redeemable cumulative preference shares of Rs 100 each, along with the adoption of a new set of Articles of Association to align with the Companies Act, 2013.
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