Markets

Betala Global Securities Schedules Board Meeting to Review Q2 Unaudited Financial Results Betala Global Securities Ltd has scheduled a meeting of its Board of Directors to review and approve the unaudited financial results for the quarter ending June 30, 2026.The board meeting is set to take place on July 6, 2026, at the company's registered office. The session is slated to begin at 4:30 PM.The purpose of the meeting is specifically to consider and approve the financial results for the quarter that concluded on June 30, 2026. Information regarding this event has been made available on the company’s official website.Stock Price Movement As of 11:28, Betala Global Securities Ltd is trading at ₹6.18, remaining absolutely steady with...

Bajaj Finance Allots 2,00,000 Secured NCDs in Private Placement amounting to Rs. 2,000.45 Crore Bajaj Finance Ltd has completed the allotment of a tranche of Secured Redeemable NonConvertible Debentures (NCDs) through a private placement mechanism. The company allotted 2,00,000 such NCDs at a face value of Rs. 1 Lakh each, aggregating to Rs. 2,000.45 Crore on June 24, 2026.The Debenture Allotment Committee approved the issuance in its meeting held on June 24, 2026. These NCDs are structured for repayment and interest payments over several years.Key details regarding the secured debentures include:ParticularsDetailsSize of Issue2,00,000 Secured NCDsFace Value per NCDRs. 1 LakhAggregate Issue ValueRs. 2,000.45 Crore...

Promoter Acquires 4,800 Shares of Radiowalla Network Limited in Open Market Transaction Radiowalla Network Limited announced that its Promoter and Director, Mr. Harvinderjit Singh Bhatia, purchased equity shares through open market transactions on June 23, 2026. The acquisition was executed entirely through the public stock exchange platform.The purchase details of the promoter are as follows:AcquirerCategoryMode of AcquisitionDate of AcquisitionMr. Harvinderjit Singh BhatiaPromoter and DirectorOpen Market PurchaseJune 23, 2026The transaction involved two tranches of open market purchases totaling 4,800 shares, amounting to a total transaction value of ₹1,22,960.Key details regarding the acquisition are presented below...

Prostarm Info Systems Limited Awarded Contract for UPS Supply to Karnataka State Fire and Emergency Services Prostarm Info Systems Limited has been designated as an L-1 bidder by the Karnataka State Fire and Emergency Services. The contract involves the supply, installation, testing, and commissioning of 3 KVA UPS with Battery that conforms to IS 16242 standards.The order, which is part of the normal course of business for the company, amounts to INR 4.03 Crores. This domestic contract has been awarded by a domestic entity and is set for execution within 60 days.Prostarm Info Systems Limited confirmed that there are no interests of its promoter or promoter group in the awarding entity, nor will the order constitute a related party...

Arun Kumar Saraf's Proposed Acquisition of Shares in Robust Hotels Limited via Gift Mr. Arun Kumar Saraf, a promoter of Robust Hotels Limited, is set to acquire equity shares of the company through a gift from Mrs. Ratna Saraf. This acquisition, characterized as an inter se transfer amongst immediate relatives, is proposed on or before June 30, 2026.The transaction involves the proposed transfer and acquisition of 20,26,520 equity shares, which represents 11.72% of the share capital of Robust Hotels Limited after the proposed transaction. The shares are being acquired at a price of Nil as part of the gift arrangement.The transaction details clarify that Mr. Arun Kumar Saraf is an acquirer and promoter, and Mrs. Ratna Saraf is the...

JK Cement Limited Declared Preferred Bidder for Gilund Limestone Block in Rajasthan E-Auction JK Cement Limited has been declared the 'Preferred Bidder' for the Mining lease of the Gilund Limestone Block, which is situated in Chittorgarh, Rajasthan. This declaration follows participation in an e-auction conducted by the Government of Rajasthan.The Gilund Limestone Block covers an area of 370.96 hectares. The company secured this status following the conclusion of the government auction process.JK Cement Limited received the information regarding its designation as the Preferred Bidder on June 23, 2026, at approximately 6:34 PM (IST).JKCEMENT Stock Price Movement As of 12:06 PM, shares of JK Cement Limited are slipping by 0.18% in...

Fire Incident Occurs at Vishal Fabrics Ltd's Ahmedabad Factory; Operations Restored Promptly A fire incident took place at the factory of Vishal Fabrics Ltd located in Ahmedabad, Gujarat. The event occurred on June 23, 2026, around 11:00 A.M., and was caused by a spark originating in a plug.The company confirmed that there were no casualties or injuries resulting from the fire incident. Emergency procedures ensured that the fire was brought under control within a couple of hours.Vishal Fabrics Ltd reported that despite the incident, normal operations experienced no disruption, with full operational capacity restored on the same day as the fire.Regarding the damage and financial impact, the company is currently evaluating the...

Arun Kumar Saraf Group to Acquire 11.72% of Asian Hotels (East) Limited Shares Through Gift Asian Hotels (East) Limited is set to see a significant shift in shareholding as Mr. Arun Kumar Saraf, and his associated entities, plan to acquire a stake from Mrs. Ratna Saraf. The proposed transaction involves the transfer of equity shares by way of a gift.The acquisition details indicate that 20,26,520 equity shares are slated for transfer. This represents 11.7196% of the total share capital of Asian Hotels (East) Limited. The purchase price for these shares is noted as Nil, given the transaction being conducted by gift. The rationale provided for the proposed inter se transfer among immediate relatives was a gift amongst family members...

Sachin D. Patel to Acquire Shares of Gujarat Themis Biosyn Limited from Themis Medicare in Inter-se Transfer Sachin D. Patel, a promoter belonging to the Promoter Group of Gujarat Themis Biosyn Limited, is proposing an inter-se transfer to acquire equity shares of the company from Themis Medicare Limited. This acquisition is part of internal movements within the promoter group.The proposed transaction includes the acquisition of up to 26,00,000 equity shares from Themis Medicare Limited. The total value of this intended purchase amounts up to Rs. 100 Cr, with the shares proposed at a price of Rs. 400.45 per share.The planned date for this acquisition is set between June 30, 2026, and July 3, 2026. The intended purchase represents up...

Forest Clearance Granted for Hindustan Copper Ltd's Chandmari Mine in Rajasthan Hindustan Copper Ltd has secured crucial environmental approval after the Forest Department, Government of Rajasthan granted Forest Clearance Co-terminus status for its operations at the Chandmari copper mine.The clearance was officially provided by the Forest Department, Government of Rajasthan, through a letter dated June 19, 2026. This vital regulatory approval pertains to Hindustan Copper Ltd’s lease period concerning the mining activities at the Chandmari copper mine located in District Jhunjhunu, Rajasthan.This granting of Forest Clearance Co-terminus confirms the ability for Hindustan Copper Ltd to proceed with its scheduled mining operations at...

E & E Enterprises Ltd acquires 6.25% of Target Company shares in open market transaction E & E Enterprises Ltd has acquired 15,000 shares carrying voting rights of the target company through an open market acquisition. The purchase represents a 6.25% stake in the target company's total diluted share or voting capital.The acquisition was completed on June 17, 2026. Prior to this transaction, E & E Enterprises Ltd and Persons Acting in Concert had no holding in the shares of the target company. The acquisition constitutes a part of the entity's investment activity with the target company.Key details regarding the share acquisition are summarized below:MetricBefore AcquisitionAfter AcquisitionShares Carrying Voting Rights (E & E...

Star Cement Limited Declared Preferred Bidder for Major Limestone Mining Lease in Assam Star Cement Limited has been designated as the 'Preferred Bidder' by the Government of Assam following e-auctions for a significant mining lease opportunity. The company secured the designation for the Boro Lakhindong (West Block) area, which is located in the Dima Hasao district of Assam.The preferred bidder status pertains to the mining lease for Boro Lakhindong, situated in the Village of Boro Lakhindong and Tehsil Umrangso within the Dima Hasao district. This block represents a valuable resource opportunity for Star Cement Limited.The site encompasses an area of 123 hectares. Furthermore, the lease holds an estimated limestone resource of...

Aeroflex Enterprises Ltd States Share Price Movement Is Purely Market Driven Aeroflex Enterprises Ltd has addressed concerns regarding the movement in its share price, stating that the volatility is purely market driven and attributable to prevailing market conditions. The company asserted that the management holds no connection to the observed price trends.The clarification emphasized the company's dedication to maintaining the highest standards of transparency and timely disclosure in the market. Aeroflex reiterated its commitment to continuously adhering to its disclosure obligations, promising to disseminate any material and price-sensitive information to Stock Exchanges as required.The firm affirmed that it has consistently...

Income Surge as Quant Launches Money Market Fund, Offering Defensive Debt Haven quant Mutual Fund has launched the quant Money Market Fund, a new open-ended debt scheme designed to cater to investors seeking stable income and capital preservation within the short-term debt space. Positioned as a relatively low-interest rate risk product with moderate credit risk (B-I), the fund aims to generate returns by investing in high-quality money market instruments.The launch underscores the growing investor appetite for defensive fixed-income products, providing a robust and well-managed option within the fast-paced financial markets. The scheme is overseen by experienced professionals from quant Mutual Fund, ensuring that investments are made...

Zerodha Launches Life Cycle Fund 2031: Disciplined Glide Path Aims to Transform Aggressive Equity Exposure into Capital Protection The launch of the Zerodha Life Cycle Fund 2031 marks a strategic entry into goal-based investing, offering investors a structured solution designed for a specific target maturity. This open-ended fund is engineered with a pre-defined glide path, systematically transitioning its portfolio from an aggressive, equity-heavy stance to a conservative, debt-focused allocation as the desired date approaches. The product aims to align investment strategy directly with financial objectives by embedding risk reduction into its core design.The fund offers investors who seek capital appreciation tied to their 2031...

Star Cement Limited Declared Preferred Bidder for Assam Mining Lease Star Cement Limited has been designated as the 'Preferred Bidder' for the highly valuable Mining Lease of Boro Lakhindong (West Block) in the state of Assam. The status was determined following e-auctions conducted by the Government of Assam.The mining lease pertains to an area located in Village: Boro Lakhindong, Tehsil: Umrangso, within the Dima Hasao district, formerly known as North Cachar Hills.The declared resource holds significant industrial potential, with the block estimated to contain a limestone resource amounting to 207.822 million tonnes. The area covered by this lease is set at 123 hectares.Stock Price Movement As of 11:16, Incon Engineers Ltd...

IndusInd Bank Grants 18,500 Stock Options Under ESOP Scheme to Employees The Compensation and Nomination & Remuneration Committee of IndusInd Bank Ltd approved the grant of stock options under the Employee Stock Option Scheme (ESOP) to select employees. The decision was made on June 24, 2026.In line with the bank's incentive program, the committee approved the allotment of 18,500 stock options to five eligible employees. These options are convertible into 18,500 equity shares of the Bank upon being exercised by the recipients.The grant details set forth specific terms regarding pricing, vesting, and exercise periods for the employees involved.Key terms of the ESOP grant include:Grant Price: The stock options were granted at a...

quant Mutual Fund Launches Silver ETF: Track Global Trends and Physical Commodity Price quant Money Managers Limited has launched a new specialized product, the quant Silver ETF, making it available through the stock exchanges for investors seeking exposure to the price of physical silver. This Exchange Traded Fund (ETF) is designed to closely track the domestic market performance of silver. The launch positions quant Mutual Fund to meet growing investor demand in commodity-linked investment vehicles.The ETF aims to generate returns that are directly aligned with the performance of physical silver, subject to a defined tracking error. The fund operates as an open-ended scheme and is managed passively, focusing entirely on its primary...

Adani Enterprises Stock Surges as Morgan Stanley Issues 'Overweight' Rating; Rs 2 Trillion Power Capex Plan Unveiled Shares of Adani Enterprises Ltd witnessed a strong rally on June 24, rising up to 2.4 percent in intraday trade. The stock was trading at ₹3,012 by late morning, fueled by Morgan Stanley initiating coverage with an "Overweight" rating on the infrastructure giant. The brokerage highlighted the robust growth prospects inherent across the group's diverse incubation businesses.Morgan Stanley assigned a price target of ₹3,638 per share to Adani Enterprises. This target suggests an immediate upside potential of nearly 21 percent from current trading levels. Over the past year, the company has significantly outperformed the...

RBI Launches Mega Underwriting Auction: Primary Dealers Target ₹28,000 Crore in Government Securities Sale on June 25 The Reserve Bank of India (RBI) has announced a major underwriting auction for the sale of Government Securities (GS). The auction is scheduled for Thursday, June 25, 2026. This significant event provides Primary Dealers (PDs) an opportunity to participate in the re-issue of high-rated government instruments.The total value of the securities available through this underwriting auction stands at ₹28,000 crore. The sale is conducted under the extant scheme of underwriting commitment, which was first notified on November 14, 2007.Detailed Breakdown of Government Securities Offerings Two specific tranches of government...