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Elevate Campuses plans to allocate Rs 1,100 crore of IPO proceeds to promoter-affiliate K-12 acquisitions, lifting K-12 assets to 45.29% of pro forma Financial Year 2026 revenue.
Elevate Campuses disclosed Rs 1,922.021 crore of 2025-26 acquisitions, combining a UAE school platform with student-housing businesses, assets and long-term hostel rights.
Elevate Campus reports a pending Telangana lake-buffer construction case and Benami inquiry involving a K-12 entity, while 16 K-12 tax cases total Rs 10.319 crore.
Elevate's K12 Schools generated Rs 166.814 crore, 29% of FY26 revenue, and received 83% of the year's Rs 3,038.837 crore capital expenditure.
Good Host has recognised no GST provision despite a Rs 49.612 crore notice, citing legal assessments, external advice and an appealed order.
Reddit and social posts revive a family-based income tax idea for India as optional joint filing for married couples, while stressing nothing is notified as law.
Elevate plans to use Rs 1,100 crore, or 52.38% of gross IPO proceeds, to acquire 14 K-12 entities and campuses from promoter affiliates.
Refex Industries secured a ₹160 crore domestic contract from a Madhya Pradesh PSU to lift and transport 10 MT of pond and fly ash via Road-cum-Rail mode over 18 months.
Elevate Campuses combines 50-to-60-year hostel service agreements with advance fees and HEI protections, while its managed portfolio reached 55,487 beds on March 31, 2026.
Varmora Granito shows Katsura Investments holding 33.26% on a fully diluted basis, while promoters and promoter group hold 52.73% of outstanding voting rights.
Varmora's GVT and technical products reached 84.19% of Fiscal 2026 tile revenue, up from 75.37% in Fiscal 2024 as PVT and ceramic sales declined.
Vanmora Granito reported 19 tax disputes worth Rs 8.267 crore, led by 17 indirect-tax cases, alongside 58 cheque-recovery complaints involving Rs 7.302 crore.
Varmora Granito reported mismatches in all 12 disclosed quarterly current-asset statements to banks, including a Rs 73.556 crore difference in March 2024.
Varmora Granito disclosed database-level audit logs for direct accounting-data changes were not enabled across the group in each of three financial years through fiscal 2026.
Vanmora Granito’s ₹23.9 lakh environmental penalty was upheld after the National Green Tribunal dismissed its appeals, while earlier former-subsidiary notices total ₹3.208 crore.
Varmora Granito Limited has paid Rs 25 crore toward a proposed 51% Assam tile stake, but promoters gain an acquisition right if its call option lapses.