Markets

Fermenta Biotech Applies to NSE for Listing and Trading of Equity Shares via Direct Route Fermenta Biotech Ltd has applied to the National Stock Exchange of India Limited (NSE) seeking approval for the listing and trading of its equity shares on the exchange's platform. The application, submitted on June 16, 2026, is for consideration under a direct listing route.FERMENTA Stock Price Movement Shares of Fermenta Biotech Limited today slipped by 1.96% to settle at ₹320.8, down ₹6.40 from the previous close. The equity traded on a volume of 162,779 shares, finding its lower boundary within the day's trading range which stretched between ₹316.45 and ₹343.95.

Kirloskar Ferrous Industries Limited Schedules One-on-One Meeting with Molecule Ventures Kirloskar Ferrous Industries Limited (KFIL) has announced a scheduled meeting between its management and representatives from an institutional investor. The gathering is set for Thursday, June 18, 2026.The one-on-one interaction is slated to take place with Molecule Ventures.This information follows broader updates from Kirloskar Industries Limited regarding its listed material subsidiary, Kirloskar Ferrous Industries Limited (KFIL).KIRLOSIND Stock Price Movement Kirloskar Industries Limited saw its stock rally today, finishing the trading session at ₹3244.60, marking a gain of 1.64%. The equity traded within an intraday range spanning from...

Nibe Limited Refutes Allegations Overuryastra System, Confirms Compliance with Army Purchase Order Pune, Maharashtra — Nibe Limited has strongly refuted inaccurate claims published in the article "Time to stop Mockery of Atmanirbharta in Defence" by Bharat Shakti. The company addressed allegations concerning its 300 KM Universal Rocket Launching System, 'Suryastra,' which was characterized using the term "Screwdriver giri." Nibe Limited asserted that these accusations are baseless and misrepresent official defense procurement frameworks and technical data.Nibe clarified that while the initial system architecture incorporates global partnerships under a March 2025 agreement, production is fundamentally rooted in domestic development...

TechD Cybersecurity Limited Establishes Wholly-Owned Subsidiary in Mauritius for Global Market Expansion TechD Cybersecurity Limited has established its international presence by incorporating a wholly-owned subsidiary, TechD Cybersecurity Services Ltd., in the Republic of Mauritius. The new entity was formally incorporated on June 16, 2026, operating under the jurisdiction of Port Louis, Mauritius.The incorporation marks a strategic move for TechD to expand its global footprint and enhance its service delivery capabilities internationally. The primary objects of the subsidiary are to establish the Company's international presence in the Africa Market and to facilitate business development and cybersecurity service offerings in...

Kirloskar Ferrous Industries Opens Special Window for Transfer and Dematerialisation of Physical Securities Kirloskar Ferrous Industries Limited (KFIL) has announced a special window allowing shareholders to transfer and dematerialize physical securities that were purchased or sold prior to April 1, 2019. The company also provided updates regarding its shares listing through the stock exchanges.The third Notice to Members concerning this specialized process was published on June 16, 2026, in both financial newspapers: Financial Express (English language newspaper) and Loksatta (Marathi language newspaper).Special Window Details for Shareholders KFIL has opened a one-year special window specifically designed to facilitate the...

IKIO Technologies Holds Investors/Analysts Meet; Confirms No UPSI Shared During Discussion IKIO Technologies Limited conducted an virtual meeting on June 16, 2026, involving company officials and analysts or institutional investors. The meet provided a platform for discussions based entirely on pre-existing company data.The information presented during the session was drawn from the Financial Results and Investor Presentation corresponding to the quarter and year ended March 31, 2026. These materials had been previously submitted by the company and were available through the various stock exchanges.A key point confirmed following the meeting is that no Unpublished Price Sensitive Information (UPSI) was discussed or shared with the...

Life Insurance Corporation Of India Participation in Financial Institutional Securities Meet Life Insurance Corporation Of India (LIC) will participate in an investor conference organized by JM Financial Institutional Securities Limited, focusing on group and one on one meetings for investors and analysts.The corporate will attend the meet scheduled for June 23, 2026. The event, titled the India Finance Forum, is hosted by JM Financial Institutional Securities Limited. The meeting is set to take place at Hotel Trident in BKC.Details regarding LIC's participation in the event are provided below:Date of ParticipationName of MeetNature of MeetPresentation ScopeVenueJune 23, 2026JM Financial Institutional Securities Limited -...

GST Matter: Crompton Greaves Consumer Electricals Limited's Appeal Against Tax Demand Stands Upheld by Appellate Authority Crompton Greaves Consumer Electricals Limited has received an order from the Commissioner (Appeals) regarding a Goods and Service Tax (GST) demand for the financial year 2019-20. The order, which was received on June 15, 2026, upheld the decision previously made by the Office of the Assistant Commissioner.The company had previously intimated authorities about an assessment order issued by the Principal Commissioner of Central Tax, Hyderabad, dated August 14, 2024, pertaining to tax matters for the 2019-20 period.The current demand stems from alleged violations and contraventions related to GST compliance. The...

QMS Medical Allied Services Limited Migrates from SME Platform to NSE Main Board QMS Medical Allied Services Limited has received approval for its equity shares to be listed and admitted to dealings on the Capital Market Segment (Main Board) of the National Stock Exchange of India (NSE). The migration from the SME Emerge platform is set to take effect starting June 18, 2026.The listing details confirm that the Company's equity shares will transition upon their admission to the Main Board of the Exchange. Following this move, trading in the company’s equity shares on the SME Platform (EMERGE) will be suspended as of June 18, 2026.Details regarding the migrated securities are as follows:Description of SecuritiesSymbolSeriesNo. of...

Capri Global Capital Limited Approves Re-appointments of Key Directors and Chief Risk Officer Capri Global Capital Limited’s Board of Directors, in a meeting held on June 16, 2026, reviewed and approved the re-appointment of several key managerial personnel. The decisions included extending the tenures of three directors and re-appointing the Chief Risk Officer (CRO).Director Re-appointments and ProfilesThe Board recommended the re-appointment of Mr. Rajesh Sharma as a Director, who retires by rotation. Additionally, two Independent Directors were re-appointed for subsequent terms: Dr. Nupur Mukherjee and Mr. Shishir Priyadarshi.These appointments are subject to the approval of shareholders at the ensuing Annual General Meeting...

RBI Gears Up for ₹50,000 Crore Variable Rate Repo Auction Amid Evolving Liquidity Conditions The Reserve Bank of India (RBI) has announced plans to conduct a 2-day Variable Rate Repo (VRR) auction. This action follows a careful review of current and evolving liquidity conditions within the financial markets. The central bank aims to manage liquidity efficiently through this targeted auction exercise.Key Details of the VRR Auction The RBI will hold the Variable Rate Repo auction on Wednesday, June 17, 2026. During the auction, the Reserve Bank has notified an amount of ₹50,000 crore for issuance. This operation is designed to meet short-term liquidity requirements in the banking system.Notified AmountTenor (day)Auction TimingDate...

Dhampur Bio Organics Reports Resignation of Vice President Operations Dhampur Bio Organics Limited has announced the resignation of a senior management member in its operations team. Mr. Sarabjit Saini tendered his resignation from the post of Unit Head, Meerganj, holding the designation of Vice President - Operations at the company.The resignation was submitted by Mr. Saini due to personal reasons. His cessation from duties is effective as of the close of business hours on June 15, 2026.Mr. Saini submitted his resignation via a letter dated June 15, 2026, confirming his departure from the company's leadership roles.DBOL Stock Price Movement Shares of Dhampur Bio Organics Limited slipped today by 0.10% to settle at ₹114.86...

Vedanta Oil and Gas Limited Adopts Policy for Materiality Determination of Events Vedanta Oil and Gas Limited, formerly known as Malco Energy Limited, has formalized its internal guidelines regarding the disclosure of significant corporate events to stock exchanges. The Company's Board of Directors approved and adopted a comprehensive Policy for determination of Materiality for Fair Disclosure of Material Events/Unpublished Price Sensitive Information and an Archival Policy.The policy is set to be effective from May 01, 2026. This strategic move reinforces the company's commitment to fair disclosure practices concerning all material events and information that could impact its market standing.Under this newly adopted governance...

Guru Krupa Gems reports non-allotment in preferential issue after proposed investor withdraws Guru Krupa Gems and Jewellery Ltd has announced that no equity shares have been allotted under a planned preferential issue, following the failure of the transaction due to operational delays. The company stated that while the issue was approved for up to 32 lakh equity shares valued at Rs. 9 crore, the proposed allottee did not remit the subscription amount and consequently withdrew from the investment.The board meeting held on June 16, 2026, reviewed the outcome of the preferential issue, which involved offering Equity Shares of face value Rs. 10/- each at an issue price of Rs. 28.20/- per share to Krina Creation Private Limited, a...

NIIT Learning Systems Named Global Authorized Training Partner of the Year by Databricks in 2026 NIIT Learning Systems Limited has been recognized as the 2026 Global Authorized Training Partner of the Year by Databricks. The award was presented at the annual Databricks Data + AI Summit, celebrating NIIT's focus on quality and excellence in training delivery.Databricks, a prominent company in the data and AI space that enables enterprises to build large scale data and AI applications and analytics, maintains a global Partner Ecosystem comprising over 7,000 members. Databricks utilizes its Partner Awards, presented at the Data + AI Summit, to recognize outstanding achievements across 56 categories. NIIT secured the Global Authorized...

Capital India Finance Limited Board Meeting Determines No Final Dividend for FY 2025-26 Capital India Finance Limited (CIFL) announced that its Board of Directors did not recommend any final dividend on equity shares for the financial year ending March 31, 2026.The decision follows a meeting of the company's Board of Directors held on May 20, 2026. The company stated that this outcome was determined after considering various relevant factors, including its financial position and applicable regulatory considerations.Consequently, no specific recommendation related to the declaration or dividend payment formed part of the result of the Board Meeting for the said financial year.CIFL Stock Price Movement Capital India Finance Limited...

Mehul Telecom Ltd Opens New Retail Store in Rajkot Mehul Telecom Limited, which was previously known as Mehul Telecom Private Limited, has announced the successful opening of a new retail store. The company confirmed the addition of the new outlet to its network in Gujarat.The newly opened "Mehul Telecom" store is strategically located in Rajkot. This expansion marks a key operational update for the company.Details regarding the new store are provided below:Sr. No.StateCityAddressDate of Opening of Stores1GujaratRajkotLunai Krupa, Nurani Para Slum Area, Shivapara Main Road, Near Raiya Chowkdi , 150 Ring Road, Rajkot, Gujarat - 360007.16/06/2026Stock Price Movement Mehul Telecom Ltd shares settled at ₹94.03, rising 0.05%...

Canara HSBC Life Insurance Recommends Reappointment of Directors Retiring by Rotation Canara HSBC Life Insurance Company Limited has recommended the re-appointment of two non-executive directors who are liable to retire by rotation. The recommendation was made by the Board of Directors during its meeting held on June 16, 2026.The company proposed the reappointment of Mr Santanu Kumar Majumdar and Mr Amitabh Nevatia at the ensuing 19th Annual General Meeting. Both directors are liable to retire by rotation as per Section 152(6) of the Companies Act, 2013.The Board approval for both directors was recorded on June 16, 2026, subject to subsequent ratification by the members at the annual general meeting.Key details regarding the...

Krishna Defence Wins Rs 45.64 Crore Order for Supplying Special Steel Products to Ministry of Defence Krishna Defence and Allied Industries Limited has secured a significant order valued at Rs 45.64 Crore from the Ministry of Defence. The contract involves the supply of specialized steel products designated for a shipbuilding project by the Ministry of Defence.The company won the order through a domestic entity, with the procurement focused on the supply of special steel products. This substantial contract award has been secured for Krishna Defence and Allied Industries Limited.Details regarding the contracted project reveal that the delivery of the special steel products is scheduled to be executed within a period of eight months...

ICICI Bank Limited Schedules Group Investor Meets for June 2026 ICICI Bank Limited has scheduled a series of group investor meetings in June 2026, involving participation in key industry forums and conferences.The bank’s schedule includes engagements with prominent financial entities to facilitate discussions and interactions with stakeholders. These events are designed as part of the bank's ongoing engagement activities.Scheduled group events include:Event NameDateModeJ.P. Morgan Asia Pacific All Star ForumJune 22, 2026In-personIIFL's Invest India Conference & Capital DayJune 23-24, 2026In-personDuring these interactions, the Bank will be referring to publicly available documents for discussions.ICICIBANK Stock...