Markets

Apollo Hospitals Enterprise Limited Holds Meetings for Composite Scheme of Arrangement Apollo Hospitals Enterprise Limited held meetings with secured creditors, unsecured creditors, and equity shareholders to consider and approve a composite scheme of arrangement. These meetings were conducted on June 24, 2026, involving discussions related to the proposed scheme among several entities.The meetings focused on a composite scheme involving Apollo Hospitals Enterprise Limited (Demerged Company), Apollo Healthco Limited (Transferor Company 1), Keimed Private Limited (Transferor Company 2), and Apollo Healthtech Limited (Resultant Company).Meeting Summaries The company held three distinct meetings, each conducted via Video Conferencing...

Life Insurance Corporation of India Chief Financial Officer Resigns to Pursue New Prospects Life Insurance Corporation of India (LIC) has announced that Shri Sunil Agrawal, who serves as a Key Managerial Personnel and Chief Financial Officer, has resigned from his position at the corporation.The resignation was submitted by Mr. Agrawal on June 24, 2026, stating that he is resigning to pursue better prospects. His departure will be effective from the close of business hours on July 14, 2026, at which point he will cease to hold the post of Chief Financial Officer and Key Managerial Personnel of the corporation.The company provided specific details regarding this change in personnel, noting that Mr. Agrawal's resignation is due to...

NLC India Renowables and OREDA Form Joint Venture to Develop 1000 MW Green Energy Projects in Odisha NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a Joint Venture Agreement (JVA) with OREDA Ltd. The partnership aims at the establishment, operation, and maintenance of 1000 MW of green energy projects in the state of Odisha, marking a significant step towards strengthening India's clean energy transition.The JV was formalized on June 23, 2026, in Odisha. Key signatories included Shri Devendra Pratap Singh, Chief Executive Officer of NIRL, and Shri Saidutta Biplab Keshari Pradhan, CEO OREDA and Special Secretary, Department of Energy, Government of Odisha. The agreement encompasses the development of...

Adani Total Gas Limited Assigned 'Strong' ESG Rating by ESGRisk.ai Adani Total Gas Limited has received an Environmental, Social, and Governance (ESG) rating from ESGRisk.ai, which falls under the 'Strong' category. This assessment signifies the company’s status as an ESG leader that exhibits a robust track record in managing material ESG risks through a strong risk management framework.The rating was assigned by M/s ESG Risk Assessments & Insights Limited. According to reports from June 24, 2026, Adani Total Gas Limited holds an ESG rating of '67'.A key detail surrounding the assessment is that the company had not engaged ESGRisk.ai for this specific ESG Rating. Instead, the report was independently prepared by Adani Total Gas...

Embassy Developments Signs MoU with Government of Uttar Pradesh for Proposed ~₹1,500 Crore Commercial Real Estate Development in Lucknow Embassy Developments Limited has signed a non-binding Memorandum of Understanding (MoU) with the Government of Uttar Pradesh. The agreement pertains to a proposed large-scale commercial real estate development in Lucknow under the Invest UP framework, involving an investment estimated at approximately ₹1,500 crore.The indicative proposal detailed in the MoU covers the development of roughly 2.5 to 3.0 million square feet of premium office-led commercial property.The signing ceremony took place in Bengaluru and included senior figures from both parties. Present were Shri Yogi Adityanath, Honourable...

CRISIL Reaffirms Credit Ratings of Ganesh Infraworld Limited; Long-Term Rating Set at BBB+/Stable CRISIL Ratings Limited has reaffirmed the credit ratings for Ganesh Infraworld Limited (GIL) and its bank facilities, removing them from 'Rating Watch with Developing Implications'. The company received the affirmation in its rating letter dated June 23, 2026.The rating reaffirms GIL’s commitment to maintaining a comfortable financial risk profile despite the acquisition of Kandoi Transport Limited (KTL). CRISIL granted a Stable outlook to the long-term rating.Rating Status and Financial Overview The ratings were assigned following a thorough review of the company's consolidated performance, including its subsidiaries and joint...

Raymond Realty Ltd Announces 7th Annual General Meeting and FY2025-26 Annual Report Details Raymond Realty Limited has scheduled its 7th Annual General Meeting (AGM) for shareholders and made available the Annual Report for the Financial Year 2025-26. The meeting is set to be held via Video Conferencing (VC) / Other Audio Visual Means (OAVM).The AGM of Raymond Realty Limited, which was formerly known as Raymond Lifestyle Limited, is scheduled for Tuesday, July 14, 2026, at 05:00 P.M.The Annual Report for the Financial Year 2025-26 is accessible online. The company has provided a specific web link and QR code detailing where shareholders can access the complete Annual Report. For investors, the annual report is also available on the...

NHC Foods Ltd Allots Equity Shares Following Partial Conversion of FCCBs NHC Foods Ltd announced a significant update regarding its capital structure after the Board of Directors approved the allotment of equity shares resulting from the partial conversion of Unsecured Foreign Currency Convertible Bonds (FCCBs).The company received notice for the partial conversion of 11 FCCBs, which aggregate to a principal value of USD 1,00,000. In response, the Board Meeting held on June 24, 2026, approved the allotment of 10,41,77,040 fully paid-up equity shares of face value INR 1/- each to M/s. Global Focus Fund, the FCCB holder.The transaction resulted in an increase in the company’s paid up equity share capital. As a result of this...

Wipro Ltd Grants Restricted Stock Units to Employees under 2024 Scheme Wipro Ltd has announced the grant of Restricted Stock Units (RSUs) to identified employees of the company and its subsidiary. The units were granted under the Company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024.The grant comprises a total of 2,75,108 RSUs. This grant is effective starting from June 24, 2026.As part of this scheme, the awarded Restricted Stock Units are set to vest according to a schedule approved by the Nomination and Remuneration Committee of the Board. Furthermore, the units can be exercised over an exercise period as defined and approved by the aforementioned Committee.WIPRO Stock Price Movement...

Gujarat Energy Limited Equity Shares Listed on NSE and BSE Following Scheme of Amalgamation Equity shares of Gujarat Energy Limited, formerly known as Gujarat Gas Limited, have been listed and admitted for trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), effective June 18, 2026. This listing follows a Composite Scheme of Amalgamation and Arrangement involving several entities.The scheme involved Transferor Companies including Gujarat State Petroleum Corporation Limited (GSPC) and Gujarat State Petronet Limited (GSPL). The arrangement also included GSPC Energy Limited and GSPL Transmission Limited (GTL), with Gujarat Gas Limited designated as the Transferee Company, now known as Gujarat Energy Limited.The...

Texel Industries Achieves AASHTO Certification for Geotextiles, Validating Product Quality Texel Industries Limited has successfully obtained the AASHTO Compliance Authentication Certificate for its Geotextiles (GTX) - Work Plan. This achievement confirms that the company's geotextile manufacturing facility meets the applicable requirements of the AASHTO Product Evaluation & Audit Solutions framework.The certification reflects Texel Industries’ ongoing commitment to quality, compliance, and adherence to internationally recognized standards in the industry. The authentication pertains specifically to the geotextiles manufactured at the Kheda location.Key details regarding this regulatory milestone have been provided for stakeholders...

Viji Finance Limited Appoints Two New Additional Directors: Sejal Shah and Prakash Muksiya Viji Finance Limited announced significant additions to its leadership team, naming two new individuals as additional directors following recommendations from the company's Nomination and Remuneration Committee. The Board of Directors held a meeting on June 24, 2026, where these appointments were finalized.Mrs. Sejal Riddhesh Shah was appointed as an Additional Director under the category of Non-Executive Non-Independent Director. Mr. Prakash Muksiya has been named as an Additional Director in the capacity of a Non-Executive Independent Director. Both appointments are effective from June 24, 2026.Profile of Mrs. Sejal Riddhesh Shah Mrs. Sejal...

Automobile Corporation of Goa Ltd Sets Record Date for Final Dividend Payout Automobile Corporation of Goa Ltd has announced that Wednesday, July 15, 2026, will serve as the record date for determining member entitlement to receive the final dividend for the financial year ended March 31, 2026. The company plans to hold its 46th Annual General Meeting (AGM) on Wednesday, July 22, 2026, to address shareholder matters related to this distribution.The Board of Directors had previously recommended a final dividend of ₹ 22.5/- per equity share against the face value of ₹ 10/-, representing a rate of 225%, for the financial year ending March 31, 2026.The company confirmed that if the dividend is approved by the Members at the AGM, the...

Pine View Sells 320,000 Shares of Adishakti Loha and Ispat Ltd in Open Market Pine View Portfolio Consultants Private Limited has executed a series of open market sales involving 320,000 shares of Adishakti Loha and Ispat Ltd (the Company). The sale was conducted across three separate dates.The transaction saw the sale of 100,000 shares on June 17, 2026, followed by 110,000 shares sold on June 18, 2026, and a final tranche of 110,000 shares sold on June 22, 2026.The sales relate to the holdings of Pine View Portfolio Consultants Private Limited in Adishakti Loha and Ispat Ltd. Prior to the disposal, Pine View Portfolio held 16,80,000 shares, representing 13.38% of the total share or voting capital of the Company.Following the sale...

Andhra Pradesh Chief Minister Inaugurates Jonnagiri Gold Project, Signals Milestone for India’s Mining Sector India, June 24, 2026: Deccan Gold Mines Limited (BSE: 512068), identified as India's first and only listed gold and critical minerals resource company, announced that the Jonnagiri Gold Project in Andhra Pradesh was formally inaugurated by the Chief Minister of Andhra Pradesh, Shri N. Chandrababu Naidu. This event marks a significant advancement for the domestic gold mining industry in India.The inauguration ceremony saw attendance from Dr. Hanuma Prasad Modali, Managing Director of Deccan Gold Mines Limited and Board Member of Geomysore Services (India) Pvt. Ltd. (GMSI), the project's developer and operator. During the...

Automotive Axles Recommends Final Dividend of Rs. 32 Per Share For FY 2025-26, Announces TDS Guidelines Automotive Axles Limited announced that its Board of Directors recommended a final dividend for the financial year ended March 31, 2026. The dividend recommendation stands at Rs. 32/- (representing 320%) per Equity Share, which is based on a face value of Rs. 10/- per share fully paid-up.The recommendation was made by the Board of Directors during a meeting held on May 19, 2026. The dividend is subject to shareholder approval at the forthcoming 45th Annual General Meeting (AGM), scheduled for Wednesday, August 12, 2026. The record date set for determining shareholders eligible to receive the dividend is Wednesday, August 5, 2026...

Rose Merc Acquires 30.01% Stake in Virtual Gain Technologies, Making it a Board-Controlled Subsidiary Rose Merc Ltd has acquired a substantial stake in Virtual Gain Technologies Private Limited (Virtual), marking a strategic move to facilitate its expansion into the fintech sector of India. The acquisition allows Rose Merc to collaborate with Virtual, leveraging its expertise as a technical service provider.Following the transaction, Rose Merc appointed majority directors onto the Board of Directors of Virtual. This appointment establishes Virtual as a board controlled subsidiary of Rose Merc.The acquisition involved subscribing to shares of Virtual, representing 30.01% of its post issued share capital on a fully diluted basis. The...

OnMobile Global Completes Debenture Issuance and Re-appoints Director & CFO Radhika Venugopal OnMobile Global Limited has announced significant corporate decisions following a Board meeting held on June 24, 2026. The Board approved the issuance of secured Non-Convertible Debentures (NCDs) through private placement, while also reappointing Radhika Venugopal as a Director/Whole-time Director and Chief Financial Officer (CFO).The company structured two separate placements of debentures, each with specific terms regarding size, tenure, and security. The details of the proposed securities are outlined below:FeatureInvestor 1 Placement DetailsInvestor 2 Placement DetailsType of SecuritiesSecured, redeemable, unrated, unlisted...

AVG Logistics Sees Profitability Surge as Q4 EBITDA Margin Expands by 349 Bps AVG Logistics Limited, a leading multimodal logistics solutions provider, has announced its audited financial results for the fourth quarter (Q4) of Financial Year 2025-26 (FY26), highlighting significant improvements in profitability across both quarterly and consolidated metrics.The company's strong performance is reflected in the Q4 figures, where EBITDA Margin rose by 349 basis points, and the PAT Margin expanded by 252 basis points, according to the results.Financial Performance Highlights AVG Logistics reported robust growth in total income during Q4 FY26 compared to the previous year (Q4 FY25). The company maintained a focus on operational...

Atmastco Approves Preferential Allotment of Equity Shares and Convertible Warrants Atmastco Limited, during a Board of Directors Meeting held on June 24, 2026, approved the preferential allotment of equity shares and convertible warrants. The allotments were made to Promoter and Non-Promoter categories under resolutions passed at an Extra Ordinary General Meeting (EGM) held earlier in June 2026.The Board considered and approved the allocation of 14,23,600 Equity Shares at a price of ₹ 152 per share, including a premium of Rs. 142. The total subscription amount for this tranche amounted to Rs. 21,63,87,200/- (Rupees Twenty-One Crores Sixty-Three Lakhs Eighty-Seven Thousand Two Hundred Only).The equity shares were allotted to 16...