Markets

Sathlokhar Synergys E&C Global Limited: Board Notes NCLT Order in Personal Guarantee ProceedingsThe Board of Directors of Sathlokhar Synergys E&C Global Limited recorded an order from the National Company Law Tribunal (NCLT), Chennai Bench, regarding insolvency proceedings initiated against Mr. G Thiyagu, the Chairman and Managing Director and Promoter of the company. This ruling stemmed from a hearing conducted on June 9, 2026.The NCLT order concerns the initiation of insolvency proceedings based on credit facilities availed by an unrelated entity in January 2014. Mr. G Thiyagu is named in the proceedings due to his capacity as a Personal Guarantor for those specific credit facilities.Sathlokhar Synergys E&C Global Limited...

Steel Exchange India Secures APCRDA Approval for TMT Use in Amaravati Capital City Projects Steel Exchange India Limited has secured crucial vendor approval from the Andhra Pradesh Capital Region Development Authority (APCRDA) for its primary source TMT bars to be used in the construction works of Amaravati Capital City. The approval validates the usage of products manufactured by Steel Exchange India Ltd under the brand name "SIMHADRI TMT" for ongoing and upcoming projects within the capital region.The APCRDA granted this vendor approval, effective from June 12, 2026, to be utilized across various construction initiatives in Amaravati. The authorization covers specific grades of high-quality reinforcement steel manufactured by the...

Silky Overseas Limited Announces Resignation of Independent Directors Silky Overseas Limited has announced that two of its Independent Directors, Mr. Ayush Garg and Mr. Kailash, have tendered their resignations from the Board. The resignations are effective as of the close of business hours on June 12, 2026.The Company accepted the resignations following submissions stating that the change was due to personal reasons and other interests that the directors wished to pursue in the future.Silky Overseas Limited expressed its deep appreciation for the services rendered by both Mr. Ayush Garg and Mr. Kailash during their tenure as Independent Directors.Details pertaining to the resignation of the two directors, including their...

Vdeal System Limited Wins Major Contract for Power and Automation Panels, Boosting Business Outlook Vdeal System Limited has secured a significant new contract for the supply of Power System and Automation Panels from Orbittal Electromech Engineering. The order, valued at ₹123,801,111.26, indicates continued expansion in the industrial sector for Vdeal System Limited.The company won the order from the domestic entity, Orbittal Electromech Engineering, to supply Power System and Automation Panels as per the purchase order specifications. The contract details specify that the materials are scheduled for delivery before August 10, 2026.This business acquisition was confirmed as part of Vdeal System Limited's normal course of...

Trident Lifeline Ltd Appoints Two Independent Directors and Announces Platform Migration to Main Board Trident Lifeline Ltd, formerly Trident Lifeline Private Limited, has announced several key corporate developments following its Board meeting held on June 13, 2026. The company approved the appointment of two new Non-Executive Independent Directors and confirmed the migration of its securities from the SME platform to the Main Board of both BSE Limited and the National Stock Exchange of India Limited (NSE).The board meeting addressed major changes concerning the company's governance structure and listing status, along with necessary arrangements for a forthcoming Postal Ballot Notice.Key Appointments and Governance Updates The...

Minal Industries Posts Financial Results for March 2026; Consolidated Revenue Reaches 4,512.68 Lakhs Minal Industries Ltd has reported its audited Standalone and Consolidated Financial Results for the year ended March 31, 2026. The Group recorded total income of 4,512.68 lakhs, while the standalone entity incurred a net loss of (69.40) lakhs.The consolidated results reflect the financial performance of the Holding Company and its subsidiaries, including Minal Infojewels Limited and RSBL Jewels (Firm-India). The Group generated a total income of 4,512.68 lakhs and reported a profit of 73.27 lakhs before tax for the year.Key Financial Highlights The results show variations between the standalone operations and the consolidated entity...

Relic Technologies Ltd Announces Resignation of Executive Director Karthik Iyer Relic Technologies Limited has announced that Mr. Karthik Iyer has resigned from his position as Executive Director, effective June 13, 2026. The resignation was tendered due to personal and health reasons.The company confirmed the departure of Mr. Iyer, stating that he will cease to be a Director of Relic Technologies Ltd with immediate effect from the specified date.Key details regarding the change in directorship are summarized as follows:ParticularsDetailsName of the CompanyRelic Technologies LimitedName of DirectorMr. Karthik IyerReason for ChangeResignation due to personal and health reasonsCessation DateJune 13, 2026Stock Price...

Jattashankar Industries Announces Approval of Resolutions Passed Via Postal Ballot Jattashankar Industries Ltd confirmed that the resolutions put before shareholders via postal ballot have been duly approved, following the conclusion of the voting process.The company reported that the postal ballot procedure concluded on June 11, 2026. The resolutions presented in the notice were successfully approved by achieving the requisite majority among shareholders.This update provides details regarding the successful completion of the shareholder vote concerning matters addressed through the postal ballot at Jattashankar Industries Ltd.Stock Price Movement Jattashankar Industries Ltd settled on Friday after the shares edged higher, closing...

Bansal Wire Industries Limited Secures Trial Purchase Order for Steel Tyre Cord Bansal Wire Industries Limited has secured a crucial trial purchase order for its SteelTyreCord product from one of the largest tyre manufacturers operating in the industry. This achievement marks a significant milestone for the company and strongly reinforces its commitment to quality and innovation within the specialized manufacturing sector.The order was awarded after a thorough evaluation of samples provided by Bansal Wire Industries Limited (BWIL). The recognition granted by the prominent industry player validates the high quality and appropriateness of the SteelTyreCord product, positioning the company advantageously in this highly technical market...

Yash Innoventures Approves ₹10 Crore Unsecured Loan and Reappoints AuditorThe Board of Directors of Yash Innoventures Limited, which was held on June 13, 2026, approved two key corporate decisions: the acceptance of a substantial unsecured loan from its Managing Director and the re-appointment of an internal auditor for the financial year 2026-27.The company’s board considered and formally approved the acceptance of an unsecured loan facility aggregating up to ₹10,00,00,000/- (Rupees Ten Crore Only). This loan is provided by Mr. Gnanesh Rajendrabhai Bhagat, the Managing Director of Yash Innoventures Limited.The facility carries an interest rate of 8% per annum. The unsecured loan may be availed by the Company in one or more...

NCSL Penalty Appeal Rejected by NSE Clearing Limited; Financial Impact on Nuvama Wealth Management Remains Nil Nuvama Wealth Management Limited has noted an order passed by NSE Clearing Limited concerning its wholly owned material subsidiary, Nuvama Clearing Services Limited (NCSL). The appeal filed by NCSL seeking a waiver of a significant penalty has been rejected by the Appeal Panel.The action relates to a review request initiated due to the non-submission of client collateral segregation data. This violation occurred involving a trading member affiliated with NCSL operating in the Futures and Options (F&O) segment. The decision was finalized following the receipt of the direction or order on June 12, 2026.The rejected appeal...

Zee Media Corporation Limited Reappoints Ms. Swetha Gopalan as Independent Director for Second Term Zee Media Corporation Limited has announced the re-appointment of Ms. Swetha Gopalan as an Independent Director. The decision was made following an Extra Ordinary General Meeting (EGM) held on Saturday, June 13, 2026, where shareholders approved her reappointment for a second term.Ms. Gopalan will serve as an Independent Director for five consecutive years, beginning from August 1, 2026, and concluding on July 31, 2031 (both days inclusive). Her role is not liable to retire by rotation.The Board of Directors had noted Ms. Gopalan's confirmation upon receiving the necessary documentation, with their meeting held on May 18, 2026. The...

Relic Technologies Ltd Appoints New Whole Time Director & CEO Amidst Executive Resignation Relic Technologies Limited has announced significant changes in its senior leadership structure, appointing Mr. Sachin Srivastava as a Whole Time Director and Chief Executive Officer. Concurrently, the company confirmed the resignation of Mr. Karthik Iyer from his role as Executive Director and Director of the company, effective June 13, 2026.The appointment of Mr. Sachin Srivastava comes following an appointment process that included additional directorship status prior to assuming full-time responsibilities. Mr. Srivastava brings extensive experience to the firm, having spent almost 25 years in pharmaceutical sales and marketing. His...

Relic Technologies Ltd Appoints Sachin Srivastava as Whole Time Director and CEO; Executive Director Resigns Relic Technologies Limited announced several key management changes following its Board of Directors meeting held on June 13, 2026. The company appointed Mr. Sachin Srivastava, granting him the positions of Additional Director, Whole Time Director, and Chief Executive Officer (CEO). Concurrently, the board noted the resignation of Mr. Karthik Iyer as Executive Director.The appointments related to Mr. Sachin Srivastava were formalized on June 13, 2026. He was appointed after being identified as a seasoned professional with nearly 25 years of experience in pharmaceutical sales and marketing. His extensive background includes...

Yes Bank Appoints MSKA & Associates LLP as Joint Statutory Auditor for FY 2026-27 Yes Bank Ltd has appointed M/s. MSKA & Associates LLP, Chartered Accountants, as one of the Joint Statutory Auditors for the financial year 2026-27, following approval from the Reserve Bank of India (RBI). This appointment comes with the rotation out of another firm, G. M. Kapadia & Co., which will resign upon conclusion of the bank's ensuing Annual General Meeting.The appointment is subject to ratification by the shareholders at the upcoming Annual General Meeting of Yes Bank.As detailed in records maintained by the company, the Board of Directors had recommended the appointment of audit firm(s) as joint statutory auditors for a term covering FY...

Creative Eye Ltd Reports Standalone Financial Results for FY2026; Focus Remains on TV Content Production Creative Eye Ltd has released its standalone audited financial results for the fiscal year ended March 31, 2026. The company operates solely in the TV Content Production segment. The board approved these results following review by the Audit Committee. A significant exceptional item reported during the period was Rs 337.79 Lac, which arose due to settlement awards with PBBcl-Doordarshan.New and Dohihi.The audited results indicate key changes in profitability metrics compared to the previous fiscal year.Financial Performance Summary (Figures in thousands)MetricFY ended March 31, 2026FY ended March 31, 2025Total Comprehensive...

Atishay Ltd Awarded ₹11 Crore Contract by Government of West Bengal for Printing Health Cards Atishay Ltd has secured a significant contract from the Government of West Bengal for the printing and delivery of Ayushman Bharat (AB PM-JAY) and AB Vay Vandana Cards. The work order, awarded under the umbrella of the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB PM-JAY), carries a total value of ₹11,16,13,678/- inclusive of GST.The contract involves providing 2,25,74,669 cards for eight districts within West Bengal. These districts include Bankura, Birbhum, Jalpaiguri, Kalimpong, Murshidabad, Nadia, Purba Bardhaman, and Uttar Dinajpur.The work order stipulates a completion period of nine months from the date of issuance. As per the...

Atmastco Secures Rs 3.38 Crore Order for Pre-fabricated Structure Supply Atmastco Limited has secured a commercial work order involving the supply of pre-fabricated structures for a significant project in Rajasthan, according to company records. The contract was awarded by M/S Megha Engineering & Infrastructures Ltd.The order mandates Atmastco to provide a pre-fabricated structure, spanning from the SSSCB to the Caridor pipe rack structure, complete with finish paint as per approved drawings. This work is designated for STG-9B in HRRL, Rajasthan.As confirmed by the details provided, the contract was awarded by a domestic entity and pertains to a commercial nature. The overall scope of the order is valued at Rs 3.38 Crores. Execution...

Kabra Drugs Secures Letter of Intent from Chhattisgarh Government for ₹200 Crore Pharmaceutical Project Kabra Drugs Ltd has received a significant Letter of Intent (LOI) from the Government of Chhattisgarh regarding a major proposed investment in the pharmaceutical manufacturing sector. The initiative aims to establish a state-of-the-art facility at Nava Raipur Pharma Park, which is expected to substantially boost the company's operational footprint and support its long-term growth strategy.The LOI was granted following discussions held during the Hyderabad Investors Connect on Friday, July 12, in Hyderabad. The proposed project encompasses the establishment of a pharmaceutical manufacturing facility alongside related healthcare...

Vilin Bio Med Limited Appoints Chief Financial Officer, Registers Resignation of CFO Vilin Bio Med Limited has completed a key operational transition by appointing Ms. Shivani Pallapu as the company's Chief Financial Officer (CFO). The company also formally accepted the resignation of Avula Hari Prasad from his position as CFO.The appointment of Ms. Pallapu was approved, noting her professional background and experience in the financial domain. She holds a qualification as a Semi-Qualified CA and has extensive experience in Financial Accounting, Taxation Reporting, and Administration.Key details regarding the appointed officer are provided below:Officer NameRoleExperience/StatusShivani PallapuChief Financial Officer...