Markets

Creative Newtech Limited Launches WOZOYO: A Global Consumer Technology Brand Targeting Affordable-Premium Segment Creative Newtech Limited, a significant player in the digital infrastructure and technology distribution landscape, has announced the launch of WOZOYO, a new global consumer technology brand. The company’s subsidiary, Secured Connection Limited (Hong Kong), is spearheading the introduction of WOZOYO, which is strategically positioned for the affordable-premium segment of the market.The initiative marks a strategic milestone for Creative Newtech, reflecting an expansion from enabling and distributing global brands to owning proprietary consumer technology lines. The brand, designed in Japan, aims to embody innovation, cool...

Aether Industries Allots 3,677 Equity Shares Under ESOS 2021; Share Capital Reaches Rs 1,32 Crore Aether Industries Limited has approved the issuance and allotment of 3,677 Equity Shares under its Employee Stock Option Scheme 2021 (AIL ESOS 2021). This corporate action was approved by the Company's Nomination and Remuneration Committee on June 15, 2026.The allotted shares have a face value of Rs. 10 each and were issued at an exercise price of Rs. 885/- per share. These shares represent stock options granted to eligible employees upon the exercise of their rights under the AIL ESOS 2021.In addition to this specific allotment, the company has also secured in-principle approval from M/s BSE India Limited and M/s National Stock...

Waaree Renewable Technologies Extends Timeline for Acquisition of Associated Power Structures Waaree Renewable Technologies Limited has announced an extension for the completion of its acquisition of Associated Power Structures Private Limited, which was previously known as Associated Power Structures Limited.The company confirmed that the acquisition process, which was originally scheduled to be completed by June 15, 2026, requires a revised timeline. The updated schedule extends the completion date to June 30, 2026.This extension is attributed to procedural requirements surrounding the overall transaction. The complete process includes the transfer involving the acquisition of existing securities as well as the allotment of new...

Global Pet Industries Limited Appoints Harmi Bipin Panchal as Chief Financial Officer Global Pet Industries Limited has appointed Ms. Harmi Bipin Panchal as its new Chief Financial Officer (CFO). The appointment was made by the Board of Directors at a meeting held on June 15, 2026.The company announced that Ms. Panchal will take on the role with a term of appointment as mutually decided by the Board of Directors. Her profile includes a Bachelor of Management Studies from Kandivali Education Society Mumbai and a Master of Science in International Business Management with Marketing from Heriot-Watt University, Dubai.Ms. Panchal possesses a strong background in international business, management, and marketing. Her academic foundation...

Master Components Limited Recommends 7.5% Dividend for FY2025-26, Sets Record Date Master Components Limited has announced key financial details regarding its upcoming Annual General Meeting (AGM), recommending a dividend rate of 7.5% per share for shareholders in the financial year ended March 31, 2026. The company also fixed the record date for determining entitlement to this final dividend.The management of Master Components Limited stated that the recommended final dividend stands at 7.5%, which translates to Rs. 0.75/- per share, pending approval by the shareholders during the 27th Annual General Meeting.To ensure fair dividend distribution, the Record Date for determining members' entitlement to the final dividend of Rs...

DMR Engineering Ltd Fixes Record Date for Final Dividend of FY 2025-26 DMR Engineering Ltd, formerly DMR Hydroengineering & Infrastructures Limited, has announced the record date for determining member entitlement regarding the final dividend for the financial year ended March 31, 2026.The company set Monday, June 22, 2026, as the Record Date for the payment of the final dividend on equity shares.In relation to this event, the company is scheduled to hold its Annual General Meeting (AGM) on Tuesday, June 30, 2026. The meeting is set for 11:30 a.m. and will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).The final dividend amount will be subject to deduction of tax at source if it is approved by the...

Kalyani Strategic Systems Unveils MArG Series of 155mm Artillery Guns at Eurosatory 2026 Eurosatory, Paris, France | June 15, 2026: Kalyani Strategic Systems Limited (KSSL), the wholly-owned defence subsidiary of Bharat Forge Limited, introduced its new line of Mounted Artillery Guns—the MArG series—at Eurosatory 2026. The series consists of truck-mounted, highly mobile systems designed to deliver a rapidly deployable and cost-optimised firepower solution for modern land forces.The MArG series is described as a comprehensive family of 4x4 mounted 155mm artillery systems, engineered across three distinct calibre configurations: MArG 39 (optimized for mobility and tactical flexibility), MArG 45 (balanced range and firepower), and MArG...

Mufin Green Finance Allots Secured Non-Convertible Debentures in Private Placement Mufin Green Finance Ltd has finalized the issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs). The debenture allotment was conducted through a private placement and marks a significant funding event for the company.The issuance comprised a total of 1,900 non-convertible debentures, each bearing a face value of INR 1,00,000. The total issue size for these securities amounted to Rs. 19,00,00,000 (Rupees Nineteen Crore Only).The NCDs are intended for listing on the BSE Limited and carry a fixed tenor of three years. The allotment was completed on June 15, 2026, with the maturity date set for June 15, 2029.Key details...

GCM Securities Ltd Approves CFO Change; Umesh Rajan Swamy Appointed to Succeed Shrenik Choraria GCM Securities Ltd has announced changes in its Key Managerial Personnel (KMP) following a Board meeting held on June 15, 2026. The board approved the resignation of Mr. Shrenik Choraria from the position of Chief Financial Officer (CFO), and simultaneously appointed Mr. Umesh Rajan Swamy as the new CFO.The company confirmed that the departure of Mr. Choraria was due to health issues. His resignation was accepted effective from closing hours on June 15, 2026. The board noted that there were no other material reasons for his departure besides those provided in the relevant disclosures.Mr. Umesh Rajan Swamy has been appointed as the CFO...

Jatalia Global Ventures Ltd Reports Financial Results While Undergoing CIRP; Total Assets Stand at 351.73 Lacs Jatalia Global Ventures Limited, a company currently under Corporate Insolvency Resolution Process (CIRP), has released its audited financial results for the financial year ending March 31, 2026. The statements reflect both operational losses and changes in the balance sheet compared to the previous fiscal year.The results were reviewed by the Committee of Creditors, providing a snapshot of the company’s financial standing during this period of resolution.Financial Performance Overview (FY 2025-2026) For the financial year ending March 31, 2026, Jatalia Global Ventures registered a net loss from ordinary activities after...

Aadhar Housing Finance Announces Schedule for JM Financial India Finance Forum Aadhar Housing Finance Ltd has scheduled an analyst and investor meeting, providing details regarding its upcoming participation in a major industry forum.The company management and officials have organized the interaction with investors at the JM Financial India Finance Forum. The event is set to take place on June 24, 2026, at Hotel Trident in BKC Mumbai. This session will be structured as a Group meeting held in a physical setting.Aadhar Housing Finance has made publicly available an Investors' Presentation which was initially uploaded and communicated on May 5, 2026. The company confirmed that this presentation material may be utilized during the...

CEO Resigns from Chennai Meenakshi Multispeciality Hospital Ltd Due to Personal Reasons Chennai Meenakshi Multispeciality Hospital Ltd has announced the resignation of its Chief Executive Officer. Dr. Venkataraman Krishnamurthy stepped down from the role, effective upon the close of business hours on June 15, 2026, citing personal reasons for his decision.The hospital, formerly known as Devaki Hospital Limited, confirmed the change in leadership. Dr. Krishnamurthy stated that he would ensure a smooth transition of responsibilities following his resignation.A detailed overview of the change is provided below:ParticularsDetailsRoleChief Executive Officer (CEO)Reason for ChangePersonal reasonsCessation DateClose of...

Aarti Surfactants Receives Environmental Compensation Order from Pollution Control Committee Aarti Surfactants Limited has received an order from the Pollution Control Committee of the U.T. Administration of Dadra and Nagar Haveli and Daman and Diu, directing payment of Environmental Compensation amounting to ₹ 17,40,000/- due to non-compliance with environmental standards.The company received the directive on June 15, 2026. The order stems from observations made by the Pollution Control Committee during an inspection of Aarti Surfactants Limited’s manufacturing facility. These observations led the Committee to issue a Show Cause Notice under Section 33-A of the Water (Prevention and Control of Pollution) Act, 1974 and Section 31-A of...

Waaree Energies Wins Significant Order to Supply 800 MW Solar Modules Waaree Energies Limited has secured an order from a renowned customer who is a leading energy solutions provider, marking a substantial business development milestone for the company.The contract involves the supply of solar modules and has been designated as a one time transaction. The entity awarding the order is identified as a domestic entity.Key commercial details of the agreement include:ParticularsDetailsProduct/ServiceSupply of Solar ModulesOrder Size800 MWSolar modulesTime PeriodFinancial Year 2026-27Transaction NatureOne timeThe order details confirm that the transaction does not involve any interest from the promoter or promoter...

Innomet Advanced Materials Receives Rs 76,97,000 Purchase Order from ENAR WELD BRAZE PVT. LTD Innomet Advanced Materials Limited has secured a significant business contract after receiving a purchase order from ENAR WELD BRAZE PVT. LTD. The agreement, dated June 13, 2026, totals Rs 76,97,000/- and pertains to the Metal Powder Division of Innomet.The purchase order was issued by the domestic company ENAR WELD BRAZE PVT. LTD. for products from Innomet Advanced Materials Limited. The transaction represents a confirmed commercial opportunity for the materials firm.Key details regarding this contract are summarized below:DetailSpecificationAwarding Entity NameENAR WELDBRAZEPVT. LTD (Domestic Company)Nature of OrderPurchase...

City Union Bank Announces Allotment of Bonus Equity Shares to Members The Board of Directors of City Union Bank Limited approved the allotment of bonus equity shares in the proportion of one share for every three existing fully paid up equity shares. This decision was formalized by the Bank’s Bonus Committee.The allotted bonus equity shares number 24,76,96,809. Each unit of these shares is valued at Re. 1/- and are classified as fully paid up Bonus Equity shares.The allotment is intended for eligible members of the Bank whose names appeared in the Register of Members on June 12, 2026, which was set as the record date. The bonus equity shares will be available for trading starting on June 16, 2026.The bank confirmed that the newly...

Rupee Stabilizes Amid Global Relief as Analysts Weigh Renewed FII Inflows Global markets registered improved risk sentiment on Monday following reports of progress toward a potential US-Iran diplomatic breakthrough. The development priced in reduced geopolitical tension and suggested possibilities for softer crude oil prices, providing a fresh lift to global risk appetite.The Indian rupee demonstrated significant strength, trading at Rs 94.68 against the dollar. This level marks its strongest performance since May 8, contrasting with the previous session's closing rate of Rs 95.11. While markets cheered this positive move, experts caution that currency stability alone is not enough to guarantee a decisive reversal of FII outflows...

Wild Surge in Fuel and Power Sees WPI Cross Key Threshold as DPIIT Launches New 2022-23 Price Index Series The Office of Economic Adviser, DPIIT has announced the release of a completely revised series of Wholesale Price Index (WPI), transitioning to a new base year of 2022-23. This comprehensive overhaul replaces the previous WPI series based on 2011-12, aligning national price tracking with global best practices recommended by advanced economies and the IMF.The release includes not only the revised WPI but also the introduction of several new Producer Price Indices (PPIs): Output PPI, Trial Input PPI, and Service PPI for seven key service sectors, all compiled against the 2022-23 base year. This shift signifies a move towards...

Goa Carbon Resumes Operations at Paradeep Unit After Kiln Lighting Goa Carbon Limited has announced the resumption of operations at its Paradeep Unit located in Vill. Udayabata, Paradeepgarh, Dist. Jagatsinghpur, Odisha. This update follows previous correspondence regarding the unit's status.The company confirmed that the Kiln at the Paradeep facility has been lit up. Following preliminary heat up and the commencement of feeding raw material into the process, normal production is expected to resume on June 16, 2026.GOACARBON Stock Price Movement As of 1:02 PM, shares of Goa Carbon Limited are rallying significantly in live trading, pushing the stock to ₹396.15 after a jump of 4.46%. The equity has maintained strong momentum...

Singapore To Seize Global Dominance as Gold Clearing Hub Strategy Takes Shape Singapore is setting ambitious goals by launching a comprehensive gold-clearing system this year, positioning itself to become a crucial node in the global bullion market. Major international banks such as JPMorgan Chase & Co. and Deutsche Bank AG are scheduled to participate in this initiative, marking a significant move by the city-state to strengthen its presence in precious metal trading.The Singapore Exchange plans to establish the over-the-counter clearing mechanism by the end of 2026. However, inter-bank trading is expected to commence much sooner, beginning from next year. Gan Kim Yong, deputy prime minister and chairman of the Monetary Authority of...