Markets

Stock Jumps 4.56% as Amitabh Bachchan Trims Stake in DP Wires; Transaction Details Revealed Bollywood megastar Amitabh Bachchan has engaged in a significant open market transaction regarding his stake in steel wires manufacturer DP Wires Ltd. He sold a portion of his existing holdings while simultaneously purchasing additional shares, triggering a sharp rise in the stock price on the National Stock Exchange (NSE).Amitabh Bachchan’s Stake Reduction and Sale Details Amitabh Harivansh Rai Bachchan offloaded 1,23,622 equity shares representing a 0.79 per cent stake in the Madhya Pradesh-based company. This bulk deal transaction was executed on Tuesday through the open market.The sale amounted to ₹2.48 crore, as the shares were sold at...

Timex Group India Announces Board Meeting to Approve Q1 Financial Results and Closes Trading Window Timex Group India Ltd has scheduled a meeting of its Board of Directors to consider and approve the Un-audited Financial Results for the quarter ending on June 30, 2026. The company also announced that the trading window for dealing in its shares will be closed following the disclosure of these results.The Board meeting is slated for Wednesday, July 29, 2026. The purpose of the meeting includes considering and approving the Un-audited Financial Results pertaining to the quarter ending June 30, 2026.In connection with the release of the financial results, Timex Group India has set a trading halt period for its stock. The Trading Window...

AI Memory Giants Move: SK Hynix Seeks $29 Billion US Listing Amid Surging Chip Demand SK Hynix Inc. is preparing a major capital raise, targeting $29.4 billion by listing its depositary receipts on the Nasdaq exchange. The offering aims to capitalize on the explosive growth of artificial intelligence hardware and secure access to a vast new pool of international investors. According to statements released this week, trading for the security is expected to commence on July 10.The decision comes as SK Hynix solidifies its critical role in the global AI buildout. Along with Samsung Electronics Co. and Micron Technology Inc., the firm sits at a vital chokepoint of the semiconductor industry, producing high-bandwidth memory essential for...

Deepak Builders & Engineers Announces Equity Share Subdivision Following Split Deepak Builders & Engineers India Limited confirmed the successful subdivision of its equity shares across National Securities Depository Limited (NSDL) and Central Depository Services (CDSL), following a corporate action completed on June 20, 2026.The company undertook the split of its equity shares from an original face value of Rs. 10/- into 10 new equity shares, each with a face value of Rs. 1/-. The sub-divided shares have been credited under the new ISIN INE0OPA01027.Confirmation letters issued by both NSDL and CDSL detail the credit and debit transactions related to this corporate action.Depository Action Details The records regarding the share...

Waterways Leisure Tourism IPO Sees 39% Subscription on Day Two; Retail Portion Fully Booked Cordelia Cruises operator, Waterways Leisure Tourism, saw a measured response from investors as its Initial Public Offering (IPO) registered a 39 percent subscription on the second day of the share sale. The company is set to move forward with an allotment process expected in late June, following strong interest specifically from the retail investor segment.IPO Subscription Status and Key Figures As reported by NSE data till 1:50 pm, the offering received bids for 16.52 lakh shares against a total issue size of 41.84 lakh shares. While the overall subscription stands at 39 percent, the retail investor quota has seen robust demand, achieving a...

Promoter Sells 7.70% Stake in Bosch Home Comfort India Ltd Through Offer for Sale Bosch Global Software Tenologies Private Limited, a promoter of Bosch Home Comfort India Limited (the Company), has sold a cumulative total of 20,92,440 equity shares through an offer for sale mechanism. The transaction involved the sale of these shares on June 18, 2026, and June 19, 2026.The promoter shareholding in the Company decreased following the sale. Before the divestment, the Promoter Group held 82.22% of the paid-up equity share capital. After the Offer for Sale (OFS), the promoter holding stood at 74.52% of the paid-up equity share capital.Bosch Global Software Tenologies Private Limited sold the shares, which had a face value of ₹10 each...

Promoter acquires shares in Gamco Ltd during open market transaction Rajeev Goenka HUF, a member of the promoter group, has increased its stake in Gamco Limited through an open market purchase. The acquisition resulted in the entity holding 78923 Equity Shares, representing 0.15% of the issued and paid up equity share capital of the company.The transaction took place between June 22, 2026, and June 23, 2026. Rajeev Goenka HUF acquired the shares through open market transactions.Acquisition DetailsRajeev Goenka HUF reported its holding before and after the acquisition, detailing the changes in its shareholding of Gamco Limited (BSE Scrip Code: 540097).Holding StatusShares Carrying Voting Rights% w.r.t. total share/ voting...

Power Finance Corporation Ltd Fixes Record Date for Final Dividend of 3.95 Per Equity Share Power Finance Corporation Ltd has set the record date for shareholders interested in the final dividend for the financial year 2025-26. This dividend was recommended by the company's Board of Directors following a meeting held on May 13, 2026.The company announced that the Record Date for ascertaining shareholder entitlement regarding the Final Dividend is Friday, July 31, 2026. The dividend amount stands at ₹3.95 per equity share, based on the face value of ₹10/- each for the equity shares of Power Finance Corporation Ltd.The Board's recommendation for the final dividend is subject to approval by shareholders in the ensuing Annual General...

Vikas WSP Ltd Adjourns 37th Annual General Meeting Due to Lack of Quorum Vikas WSP Limited has announced that its 37th Annual General Meeting (AGM), originally scheduled for June 24, 2026, could not be held due to the non-availability of a requisite quorum. Consequently, the meeting has been adjourned.The AGM was initially convened on Wednesday, June 24, 2026, at 11:30 A.M., through Video Conferencing or Other Audio Visual Means (VC/OAVM). Following this unsuccessful attempt, and in accordance with Section 103 of the Companies Act, 2013, the meeting has been postponed.The Adjourned 37th Annual General Meeting is now scheduled to take place on Wednesday, July 01, 2026, at 11:30 A.M. The meeting will be conducted via VC/OAVM from the...

Sharvaya Metals Clarifies Share Price Movement, Attributes Volatility to Market Forces Sharvaya Metals Ltd has issued a statement addressing the significant movement in the company's share price, confirming that the recent volatility appears to be purely market driven and outside the scope of management control.The clarification was provided following inquiries regarding the substantial fluctuations witnessed in the stock. The company confirmed its ongoing adherence to all relevant disclosure requirements pertaining to its securities.Sharvaya Metals stated that there is no undisclosed information or impending announcements that would impact the price movement of the shares, assuring investors that the firm remains compliant with its...

Midwest Energy Board Meeting Scheduled to Consider Share Capital Sub-division Midwest Gold Limited, now operating as MIDWEST ENERGY LIMITED, announced that its Board of Directors will convene a meeting on Tuesday, June 30, 2026. The company's board is scheduled to consider a proposal involving the alteration of its share capital through the sub-division of existing equity shares.The proposed sub-division concerns the fully paid-up equity shares that currently hold a face value of Rs. 10/- each. The Board is set to determine the specific manner of this sub-division, subject to obtaining necessary approval from shareholders and any required statutory or regulatory authorities under applicable law.In addition to the capital alteration...

Nexus Select Trust Approves Raising Up To INR 100 Crores Through Commercial Paper Issuance Nexus Select Mall Management Private Limited, acting as the Manager to Nexus Select Trust, announced that its Board of Directors approved a significant initiative to raise capital. The approval was granted during the board meeting held on Wednesday, June 24, 2026.The decision sanctioned by the Board allows the Trust to raise funds through the issuance of listed, rated, and redeemable commercial papers (CPs). The potential aggregate principal amount approved for this fund raising stands up to INR 100 Crores (Indian Rupees One Hundred Crores only).The initiative is structured as a private placement basis transaction, offering opportunities to...

Larsen & Toubro's ESG Score Revised by CRISIL, Rating Moves into 'Strong' Category Larsen & Toubro Limited has seen its Environmental, Social, and Governance (ESG) rating improve following a revision conducted by CRISIL ESG Ratings & Analytics Limited.CRISIL announced the update on June 23, 2026, reflecting an increase in Larsen & Toubro's ESG score. The company's rating was revised from 'CRISIL ESG 62' to 'CRISIL ESG 67'.Under this revision, Larsen & Toubro now falls within the 'Strong' category for its ESG performance.The details of the rating change are as follows:MetricPrevious RatingRevised RatingCategoryESG Score (CRISIL)6267StrongLT Stock Price Movement As of 2:08 PM, shares of Larsen & Toubro Limited are...

Promoter Group Members Conduct Inter-se Transfer of Shares in Time Technoplast Ltd Time Technoplast Limited has seen an inter-se transfer of equity shares by members of the Promoter/Promoter Group. The transaction, which took place on June 23, 2026, involved the sale of 4,00,000 equity shares through the open market at an average price of Rs. 178.38 per share.The transfer was conducted among members of the Promoter/Promoter Group and resulted in a minor change in individual holdings while maintaining the overall stability of the promoter group's stake in Time Technoplast Limited.Preceding and subsequent to this transaction, the aggregate holding of the Promoter and Promoter Group remained unchanged at 47.56% of the paid-up share...

Bharat Dynamics Limited Secures Orders Worth Rs 1347.71 Crore from Hindustan Aeronautics Limited Bharat Dynamics Limited (BDL) has received significant orders totaling approximately Rs 1347.71 crore (gross) from Hindustan Aeronautics Limited (HAL). The contracts, which are confidential due to national security concerns, cover critical defense components.The substantial order includes two main components: Helina Launchers and LRUs, valued at Rs 1109.37 crore (gross), and CMDS LRUs, amounting to Rs 238.34 crore (gross).The contracts have been awarded by the domestic entity HAL. These orders are set to be executed over a span of 24 to 60 months. BDL has confirmed that there is no interest held by the promoter or promoter group in the...

Chamunda Electrical Board Approves Changes to Initial Public Offering Proceeds Utilization Chamunda Electrical Limited has approved a variation in the objects and terms of utilization concerning its Initial Public Offering (IPO) proceeds, following a meeting of its Board of Directors. The decision pertains to the allocation of funds as detailed in the IPO prospectus dated February 07, 2025.The Board reviewed the original plan for utilizing the issue proceeds, noting that a deviation occurred across the originally allocated capital expenditure category. The company has plans to utilize the resulting balance to meet further working capital requirements.Financial details pertaining to the planned and utilized IPO funds are summarized...

Private Giants Settle as Valuations Dip; Reliance Reigns Supreme in Market Correction The combined valuation of India's top 10 most valuable non-state companies saw a notable decline, wiping out Rs 11 lakh crore compared to the previous year. According to the latest report by Axis Bank's Burgundy Private and Hurun India, the collective value of these top ten firms settled at Rs 86 lakh crore, down from Rs 97 lakh crore.Despite this short-term valuation pressure across the group, the significance of these companies remains immense. They still account for nearly one-fourth of India's GDP and constitute 27 per cent of the total value recorded on the Burgundy Private Hurun India 500 list. This underscores the foundational importance of...

Arun Kumar Saraf Acquires Shares of Robust Hotels Ltd via Gift from Promoter Mrs. Ratna Saraf Robust Hotels Limited announced a proposed acquisition of equity shares through a gift by Mr. Arun Kumar Saraf. The transfer is being made from Mrs. Ratna Saraf, who is part of the promoter group.The transaction involves Mr. Arun Kumar Saraf acquiring 40,26,520 equity shares from Mrs. Ratna Saraf. This acquisition is intended as an internal transfer by way of a gift among immediate relatives and results in a holding of 11.72% for the seller after the proposed transaction. The price at which the shares are proposed to be acquired is Nil (by way of Gift).The acquisition, scheduled to take place on or before June 30, 2026, represents an...

VA Tech Wabag Announces Record Date for Final Dividend and Book Closure Details VA Tech Wabag Limited has set the record date for eligible members to receive a final dividend, along with details concerning its upcoming 31st Annual General Meeting (AGM). The company confirmed key dates related to the payment of the dividend and the closure of its share transfer books.The Board of Directors of VA Tech Wabag had recommended a final dividend amounting to INR 5.00 per Equity Share, which represents 250% of the face value, set at INR 2/each, for the fiscal year 2025-26. The record date, determined for the purpose of identifying members eligible for this final dividend, is Friday, July 17, 2026.The company confirmed that the final dividend...

Bosch Home Comfort India Completes Offer for Sale of Equity Shares in Stock Market Bosch Home Comfort India Ltd., formerly known as Johnson Controls-Hitachi Airconditioning India Limited, announced details regarding the sale of equity shares by its promoter entity, Bosch Global Software Technologies Private Limited. The transactions were executed through an Offer for Sale mechanism on both BSE and NSE over two consecutive days in June 2026.The company’s promotional stock sale involved selling up to 19,63,994 Equity Shares (representing 7.22% of the paid-up Equity Share capital) via the T day transaction (June 18, 2026), and an additional tranche of up to 202,634 Equity Shares through a subsequent mechanism on the following day.The...