Markets

Century India Opportunity Fund PC Acquires Shares in On Door Concepts Limited Through Preferential Allotment On Door Concepts Limited has announced a significant change in shareholding following the preferential allotment of equity shares to Century India Opportunity Fund PC. The transaction, finalized on June 18, 2026, involved the allotment of 4,00,000 equity shares to the fund.The acquisition and subsequent issuance increased the total issued Equity Shares of On Door Concepts Limited to 70,00,512. Based on this updated issued capital, Century India Opportunity Fund PC holds a shareholding of 5.71% in the company.Furthermore, based on the assumption of full conversion of the outstanding 20,00,000 Convertible Warrants, the diluted...

Promoter Declarations Confirm No Encumbrances Pertaining to Shares of Dish TV India Limited Various promoter entities and individuals associated with Dish TV India Limited have declared their shareholdings as of March 31, 2026, confirming that they have not created any encumbrance, directly or indirectly, other than those already disclosed during the financial year 2025-26. These declarations cover promoter group members and individual promoters, detailing significant equity holdings in the company.Agrani Holdings (Mauritius) Ltd., a promoter of Dish TV India Limited, holds 3,51,72,125 Equity Shares, constituting 1.91% of the total share capital as of March 31, 2026. This entity confirmed that it had made no encumbrances directly or...

NPR Finance Ltd Website Temporarily Non-Functional Due to Technical Issues NPR Finance Ltd has informed stakeholders that its corporate website is temporarily unavailable due to technical and server issues. The company stated that its dedicated technical team is actively engaged in resolving the operational glitches to restore full functionality as quickly as possible.The temporary non-functionality affects the official company website, www.nprfinance.com.Management confirmed that a resolution process is underway. NPR Finance Ltd committed to updating relevant parties once the technical issues are fully resolved and the website is operating normally again.Stock Price Movement As of the close today, NPR Finance Ltd shares settled...

CRISIL Reaffirms Credit Rating for Regaal Resources as Total Bank Loan Facilities Rated at Rs 625.57 Crore Crisil Ratings Limited has reaffirmed the credit ratings for the total bank loan facilities of Regaal Resources Ltd, maintaining a stable rating outlook following continuous surveillance and review. The company maintains a strong standing with financial institutions, reflected by the affirmed rating on its lending facilities.The rating affirmation covers Rs 625.57 Crore in Total Bank Loan Facilities. Crisil Ratings has assigned a Long Term Rating of Crisil A-/Stable to these debt instruments and facilities. This rating held through the period spanning April 01, 2026, to June 22, 2026, and is valid until March 31, 2027.The total...

Ramdevbaba Solvent Limited increases stake in subsidiary RBS Renewables Private Limited Ramdevbaba Solvent Limited has enhanced its holding in M/s RBS Renewables Private Limited, a subsidiary company, following the approval of its Board of Directors. The company acquired an additional 35,00,000 Equity Shares, increasing its aggregate shareholding from 50.82% to 64.82%.The acquisition decision was reached during a Board meeting held on June 24, 2026. This move is intended to secure better control over the subsidiary entity.Ramdevbaba Solvent Limited acquired the additional equity shares through a cash consideration transaction at a total cost of Rs. 3,64,35,000.00.Shareholding Increase and Transaction Details The details regarding...

CRISIL Reaffirms Ratings for Intellect Design Arena Ltd, Upgrades Long Term Outlook to Positive Intellect Design Arena Ltd has received a significant update regarding its credit profile as CRISIL Ratings Limited reaffirmed its existing long-term and short-term ratings. Furthermore, the agency upgraded the outlook on the company's long-term rating from 'Stable' to 'Positive'.The rating details provide insight into the financial standing of Intellect Design Arena Ltd relative to its total bank loan facilities. The reaffirmation indicates confidence in the company's operational stability and creditworthiness as assessed by CRISIL Ratings Limited.The updated rating structure, alongside the scope of the ratings, is detailed below...

Hindustan Tin Works Ltd Receives Tax Order from Sonipat Authority for Assessment Year 2017-18 Hindustan Tin Works Limited has received an order from the Excise & Taxation Officer-cum-Assessing Authority in Sonipat regarding tax matters pertaining to the assessment year 2017-18.The company received the order on June 23, 2026. The action taken by the authority was based on Section 9(1)(C) of the Haryana Tax on Entry of Goods into Local Areas Act, 2008.Details concerning the tax order are as follows:AspectDetailsAuthorityExcise & Taxation Officer-cum-Assessing Authority, (W-05) SonipatDate of ReceiptJune 23, 2026Tax AssessedRs. 27,86,188/-Interest LeviedRs. 27,86,188/-Regarding the impact on the company's...

Bharat Coking Coal Limited Reports Acquisition of Acquittal in Fatal Accident Litigation Bharat Coking Coal Limited (BCCL) has announced that a significant piece of litigation, originally disclosed in its offer documents, has been concluded following an acquittal by the competent judicial authority. The case related to a fatal accident occurred on December 10, 2013, at the Jamunia Open Cast Project.The complaint had been filed by the State of Jharkhand, through the Deputy Director of Mines Safety, against six officials and persons associated with the project.According to details released by the company, the Court of the Learned Judicial Magistrate, 1st Class, Dhanbad, issued an order dated May 6, 2026. This order acquitted all...

Union Bank of India Confirms Full Redemption and Interest Payment on Bond Union Bank of India has completed the full redemption of a bond tranche, confirming the timely payment of principal along with annual interest to investors. The transaction details concern a call option exercised by the bondholders, which led to the settlement process being finalized on June 24, 2026.The company confirmed that the specified bond debt has been fully redeemed, and the associated payments were completed according to the terms agreed upon with the investors and based on the relevant beneficiary position record date.Details regarding the redemption transaction are summarized below:DetailSpecificationISININE692A08144Type of RedemptionFull...

Indian Railway Finance Corporation Proposes Offer for Sale of Nearly 243 Million Equity Shares The Government of India, acting through the Ministry of Railways and the President of India, has proposed an offer for sale of equity shares in Indian Railway Finance Corporation Limited. The offer targets a total size of up to 243,087,100 Equity Shares, representing 1.86% of the company's total paid-up equity share capital.The proposed Offer was announced following the exercise of the Oversubscription Option. This transaction involves both the Base Offer Size and an additional allocation from the Oversubscription Option.Key details regarding the offer include:Total Offer Shares: 243,087,100 Equity Shares (up to). Ownership Stake: The...

Pidilite Industries Announces AGM Date and Record Date for Final Dividend Payment Pidilite Industries Ltd. has announced the date for its 57th Annual General Meeting (AGM) and provided details regarding the record date for determining members entitled to receive the final dividend for the Financial Year 2025-26.The company stated that the 57th AGM of its members is scheduled to be held on Tuesday, August 4, 2026. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).To facilitate the payment of the final dividend for FY 2025-26 and the subsequent AGM, Pidilite Industries Ltd. has set a record date of Thursday, July 23, 2026, across both major stock exchanges.The details regarding the...

Shanti Gold International Ltd to Hold Board Meeting to Consider Raising Funds Through Multiple Securities Issues Shanti Gold International Limited has scheduled a meeting of its Board of Directors to address potential fundraising initiatives through various financial instruments. The Board meeting is set for Tuesday, June 30, 2026.The primary agenda item for the gathering is to consider proposals regarding the raising of funds by issuing securities. The company intends to evaluate several methods for capital infusion, including a further public offer and a rights issue.Other financial instruments under consideration include American Depository Receipts, Global Depository Receipts, Foreign Currency Convertible Bonds, qualified...

Urban Enviro Waste Management Limited Receives Work Order worth ₹19,94,248.65 from Pardi Nagarpalika Urban Enviro Waste Management Limited has secured a work order from Pardi Nagarpalika in District-Valsad, Gujarat. This contract involves providing a specialized management solution for the local authority.The awarded project entails delivering a legacy and fresh work management solution to Pardi Nagarpalika. The scope of work focuses on utilizing Bio-remediation and Bio-mining processes at the Bheslapad Dumping Site.Key details regarding the order are as follows:DetailDescriptionAwarding EntityPardi Nagarpalika, District-Valsad, GujaratNature of WorkLegacy/Fresh work management solutionTechniqueBio-remediation and...

India Ratings Assigns IND AAA Rating to Asian Paints' Banking Facilities Asian Paints Limited has received a credit rating from India Ratings and Research for its bank loan facilities. The rating pertains to the aggregate loan amount of Rs. 2,300 crores for long-term and short-term banking needs.India Ratings issued the rating on June 24, 2026. The assigned ratings details are as follows:FacilitiesAggregate Loan Amount (Rs. in crores)RatingRating ActionLong-term/Short-term bank loan facilities2,300IND AAA/Stable/IND A1+AssignedThese banking facilities were initially availed by Asian Paints (Polymers) Private Limited, which was a wholly-owned subsidiary of the company. Following the amalgamation of AP Polymers with Asian...

Rupee Bounces Back Amid Oil Plunge; Indices Surge as Foreign Inflows Support Market Currency Trading Dynamics and Forex Movement The Indian Rupee appreciated by 11 paise, closing at 94.65 (provisional) against the US dollar on Wednesday. This move was primarily supported by a significant downturn in global crude oil prices and positive domestic market sentiment. During interbank trading, the rupee traded within a range of 94.59 to 94.93, setting a stronger close compared to Tuesday's rate of 94.76.Forex traders noted that strengthening local equity markets and sustained Foreign Institutional Investor (FII) inflows contributed positively to the currency’s performance during the trading session. Meanwhile, the dollar index remained firm...

SEBI Simplifies Compliance: Light-Weight NISM Certification Launched for PAIA in Non-Core Sales Roles The Securities and Exchange Board of India (SEBI) has taken a significant step towards enhancing the ease of doing business by introducing tailored certification requirements for Persons Associated with Investment Advice (PAIA). The new guidelines specifically target staff members whose roles are primarily focused on sales activities or non-core client services, providing them with a dedicated, specialized qualification instead of mandatory advanced advisory certifications.Targeted Relaxation in PAIA Certification Requirements In a move designed to accommodate the diverse operational functions within investment advisory firms, SEBI...

Shilpa Medicare Subsidiary Settles Dispute with Sartorius for Rs 9 Crore Shilpa Biologicals Pvt. Ltd., a material subsidiary of Shilpa Medicare Limited, has reached an amicable settlement agreement with Sartorius Stedim India Pvt. Ltd. regarding a commercial dispute that was adjudicated in the Commercial Court in Bengaluru.The settlement agreement was executed on June 23, 2026, following negotiations between both parties before the Hon'ble XI Addl. City Civil and Sessions Court in Bengaluru (Commercial O.S. No. 153/2024).Shilpa Biologicals Pvt. Ltd. committed to paying a settlement amount of Rs 9,00,00,000 to Sartorius Stedim India Pvt. Ltd.Dispute Details The dispute involved an alleged claim made by Sartorius, which amounted to...

VA Tech Wabag Recommends Final Dividend of INR 5 Per Share, Detailing TDS Implications for Shareholders VA Tech Wabag Ltd announced the recommendation of a Final Dividend of INR 5.00 per Equity Share, following a meeting held by its Board of Directors on May 21, 2026. The dividend is calculated based on an equity share face value of INR 2/- each, representing a rate of 250%.The payment of the final dividend remains subject to the approval of members at the forthcoming 31st Annual General Meeting (AGM), which is scheduled for August 12, 2026.Dividend Payment Details and Tax Deduction at Source (TDS) The Company communicated that the dividend income will be taxable in the hands of shareholders, effective from April 01, 2020, as per...

High Court of Karnataka Clarifies Judgment Recognizing Signpost India's Rights in PPP Arrangement with BBMP The Hon'ble High Court of Karnataka has issued a Clarificatory Order regarding the contractual rights of Signpost India Ltd under its Public-Private Partnership (PPP) arrangement with Bruhat Bengaluru Mahanagara Palike (BBMP). The order, which was listed in the Daily Orders listing on June 23, 2026, relates to the court's earlier judgment in W.P. No. 26349/2024.The Clarificatory Order expressly recognized the company’s contractual right under the PPP arrangement and Joint Memorandum of Compromise to erect and maintain advertisement display panels. This includes panels located near police booths or kiosks constructed as part of...

Jio Financial Services Names Key Management Personnel Authorized for Material Event Disclosures Jio Financial Services Limited has released details concerning the Key Managerial Personnel authorized to determine the materiality of company events and make requisite disclosures to stock exchanges. The personnel are crucial in handling corporate information that requires formal reporting.The specified individuals hold key executive roles within the organization, ensuring proper management and communication of material information during business operations. These managerial appointments cover critical areas including leadership and financial oversight.The Key Managerial Personnel authorized for determining event materiality and making...