Impact Events

Golden Legend Leasing Declares Un-audited Financial Results for Q2 FY27
Golden Legend Leasing & Finance Ltd announced that its Board of Directors, in a meeting held on October 21, 2026, approved the un-audited financial results (standalone and consolidated) for the quarter and half-year ended September 30, 2026. The results were reviewed by the Audit Committee and subsequently approved by the Board. The company also noted that the trading window for insiders will re-open on October 26, 2026. The auditor's report highlighted a qualified conclusion due to suspicious transactions amounting to ₹7,681.09 lakhs, which remain under lien by investigating authorities and are sub judice.

Aadhar Housing Finance: Exec VP retires, becomes Interim Non-Exec Chairperson
Aadhar Housing Finance Ltd announced a significant change in its board composition. Mr. Deo Shankar Tripathi, the current Executive Vice Chairman, will retire from his employment with the company on October 21, 2026, after opting for early retirement due to personal reasons. He will also cease to be a Key Managerial Personnel from that date. However, in a subsequent move, the Board of Directors has appointed Mr. Tripathi as the Interim Non-Executive Chairperson of the company, effective October 22, 2026. Mr. Tripathi brings over five decades of experience in the finance industry and has been instrumental in the company's growth since joining in 2015.

Golden Legend Leasing Declares Un-audited Q2 FY27 Results
Golden Legend Leasing & Finance Ltd announced its un-audited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results, along with the Limited Review Report from the statutory auditors, H. Rajen & Co. The company also noted that the trading window for insiders will re-open on October 26, 2026. A significant note in the auditor's report mentions a lien of ₹7,681.09 lakhs on the company's bank account due to suspicious transactions, a matter currently sub judice before the Supreme Court.

Reliance Hosts US Secretary of State in Jamnagar
Reliance Industries Limited welcomed US Secretary of State Marco Rubio and US Ambassador to India Sergio Gor to its Jamnagar refinery. The visit included a tour of the refinery complex and discussions on Reliance's New Energy giga-factories and data centers. The discussions focused on the global energy landscape, opportunities for commercial partnerships in conventional and new energy, reliable energy supplies, technological advances, resilient supply chains, and the investment needed to meet growing demand. The intersection of energy and digital infrastructure was also explored, highlighting the role of dependable power in supporting data centers and the digital economy. Both parties discussed potential collaborations between US companies and Reliance, leveraging complementary strengths in technology, engineering, and advanced manufacturing.

Virtual Global Education to Raise ₹42 Cr via Warrants
Virtual Global Education Ltd announced on October 21, 2026, that its Board of Directors has approved a preferential allotment of 42,00,00,000 (42 Crore) fully convertible warrants at an issue price of ₹1 per warrant. The total issue size is ₹42,00,00,000 (₹42 Crore). These warrants are convertible into equity shares on a one-to-one basis and have a tenure of 18 months. The funds raised will meet the company's financial requirements. The allotment is to persons belonging to the Promoter/Promoter Group and Non-Promoter, Public Category. Post-conversion, the promoter shareholding is expected to increase from 8.23% to 14.87%, while public shareholding will decrease from 91.77% to 85.13%.

Virtual Global Education to Sell Subsidiary Shikshan School Pvt Ltd
Virtual Global Education Ltd announced its Board of Directors has approved the proposal for the sale or disposal of its subsidiary, Shikshan School Private Limited. The company will initiate the process of finding a suitable buyer. The final transaction price will be determined by a Registered Valuer. The subsidiary contributed no turnover, revenue, or income, and no net worth in the last financial year. The company is currently searching for a prospective buyer, and the completion date is contingent on finding a buyer and obtaining necessary approvals. The transaction is not considered a related party transaction.

Sterling and Wilson Renewable Energy Settles Kenya Tax Dispute for ₹2.66 Crore
Sterling and Wilson Renewable Energy Ltd has reached a full and final settlement with the Kenya Revenue Authority (KRA) regarding tax assessments for calendar years 2020 to 2023. The original demand of approximately INR 26.50 Crore, including interest and penalties, has been reduced to INR 2.66 Crore, representing only the principal amount. This settlement absolves the company from paying interest and penalties, provided the principal is paid by December 25, 2026, and other compliances are met. The reduction is attributed to a lower attribution of profits to the Kenya branch. The company will proceed with the payment as per the settlement terms.

Popees Baby Care Board Meeting Oct 24 for Fund Raising Modification
Popees Baby Care India Ltd has announced a Board of Directors meeting scheduled for October 24, 2026. The meeting agenda includes considering and approving modifications to a previously approved proposal for raising funds through a preferential issuance of securities via private placement, utilizing a share swap arrangement for non-cash consideration. Additionally, the board will discuss extending the date of the Extra-Ordinary General Meeting (EGM) required for shareholder approval of this preferential issue. The trading window for designated persons will remain closed until 48 hours after the declaration of financial results.

Virtual Global Education Board Approves Financial Results, CFO Change, and Fund Raise
Virtual Global Education Ltd's Board of Directors convened on October 21st, 2026, approving the unaudited financial results for the quarter ended September 30, 2026. The meeting also saw the acceptance of Mr. Gaurav Garg's resignation as CFO and the appointment of Mr. Krishan Bansal as the new CFO and Executive Director. Furthermore, the board greenlit the sale of its subsidiary, Shikshan School Private Limited, and approved a preferential issue of up to 42,00,00,000 (42 Crore) Fully Convertible Warrants to promoters and public categories, aiming to raise up to ₹42,00,00,000 (42 Crore). Alterations to the Articles of Association to facilitate fund raising were also approved, pending shareholder consent via postal ballot.

Virtual Global Education CFO Resigns
Virtual Global Education Ltd announced that its Chief Financial Officer, Mr. Gaurav Garg, has resigned from his position effective October 21st, 2026, due to personal reasons. The company is in the process of appointing a new CFO and will communicate the same in due course. The resignation details were provided as per SEBI (LODR) Regulations 2015.

Virtual Global Education Appoints Krishan Bansal as CFO & Executive Director
Virtual Global Education Ltd announced the appointment of Mr. Krishan Bansal as Chief Financial Officer and Executive Director, effective October 21st, 2026. Mr. Bansal brings over 30 years of extensive experience in finance, accounts, human resource management, corporate compliances, business development, and administration, having worked with various government offices, PSUs, and listed/unlisted corporates. The company affirmed that Mr. Bansal is not debarred from holding directorship and has no relation to any existing directors on the board.

Indian Card Clothing Clarifies Director Appointment Effective Date
Indian Card Clothing Company Ltd has issued a clarification regarding the effective date of Mr. Tushar Arvind Vaidya's appointment as an Additional Director (Non-Independent Non-Executive). The company stated that the effective date was mistakenly reported as October 20, 2026, and the correct effective date is October 30, 2026. This clarification pertains to an earlier outcome submitted to the stock exchanges.

Virtual Global Education Board Approves Financial Results, CFO Change, and Fund Raise
Virtual Global Education Ltd's Board of Directors convened on October 21st, 2026, approving the unaudited standalone and consolidated financial results for the quarter ended September 30, 2026. The board also accepted the resignation of CFO Mr. Gaurav Garg and appointed Mr. Krishan Bansal as the new CFO and Executive Director. Additionally, the company approved the sale of its subsidiary, Shikshan School Private Limited, and a preferential issue of up to 42,00,00,000 warrants convertible into equity shares, aiming to raise up to ₹42,00,00,000 (₹42 Crore). Alterations to the Articles of Association to facilitate fund-raising were also approved, with a postal ballot process initiated for member approval.

Omnitech Engineering Secures New Commercial Orders in Defence
Omnitech Engineering Limited has announced securing new commercial orders from leading Indian defence-sector organizations. These orders involve the manufacturing and supply of precision-engineered components and sub-assemblies for critical land-based systems and advanced sub-systems applications. This development reinforces the Aerospace & Defence sector as a strategic growth vertical for the company, aligning with India's 'Aatmanirbhar Bharat' vision for indigenous manufacturing. The company views this segment as crucial for its future growth, complementing its existing industrial businesses and contributing to its goal of becoming a diversified precision engineering enterprise.

Cube Highways Trust Board Meeting Oct 28 for Q2 FY27 Results & Distributions
Cube Highways Trust has announced that its Investment Manager, Cube Highways Fund Advisors Private Limited, will hold a Board Meeting on October 28, 2026. The meeting will consider and approve the unaudited standalone and consolidated financial information for the Quarter and Half year ended September 30, 2026, along with the auditors' limited review report. Additionally, the board will decide on potential distributions to unitholders for the quarter. The proposed record date for these distributions, if approved, is November 02, 2026. The trading window for the InvIT's units has been closed since October 1, 2026, and will reopen 48 hours after the financial information is announced.













