Markets

Electrosteel Castings Announces Planned Shutdown for Maintenance of MBF and Main Production Facility Electrosteel Castings Limited has announced a planned production shutdown for its key facilities. The company intends to shut down the MBF Production Facility at Khardah Works Unit and its Main Plant to carry out necessary maintenance work.The facility-wide shutdown is scheduled to commence on June 14, 2026, and is expected to last for approximately ten days.This planned maintenance aims to ensure the continuous operation of the company’s production infrastructure.ELECTCAST Stock Price Movement On Friday, shares of Electrosteel Castings Limited rallied as the stock settled higher to close at ₹71.87, marking a 3.11% gain. The...

Surging Enterprise: How India's Amrit Peedhi is Powering Viksit Bharat @ 2047 Through Innovation and Skills India stands at a pivotal inflection point, fueled by its demographic dividend. With nearly 65 per cent of its population under the age of 35, the nation has systematically transformed youth from passive beneficiaries into active architects of national growth. Over the last decade, government initiatives spanning education, skilling, entrepreneurship, and health have cultivated a dynamic "Amrit Peedhi."This comprehensive shift is encapsulated by the vision of Viksit Bharat @ 2047. The focus has expanded significantly beyond mere access to ensuring quality, purpose-driven development, transforming youth into job creators rather...

KMP of Artemis ADR Marketplace Limited Disposes 18,000 Equity Shares Artemis ADR Marketplace Limited (formerly known as Jetmall Spices and Masala Limited) has reported the disposal of equity shares by one of its Key Managerial Personnel (KMP). The transaction involves the sale of a portion of the company's stock by Mr. Unni Krishnan Nair, who holds the position of Manager and Whole-time KMP.The designated individual conducted the share disposal on June 11, 2026. This event marks a change in the holding status of securities for a director/KMP of the listed company.Details regarding the transaction are as follows:MetricDetailsCompany NameArtemis ADR Marketplace Limited (formerly Jetmall Spices and Masala Limited)Designated...

Kranti Industries Ltd Approves Additional Working Capital Term Loan from HDFC Bank Kranti Industries Ltd has secured approval from its Board of Directors to avail an additional Working Capital Term Loan Facility. The decision was made during a meeting held on Saturday, June 13, 2026.The company’s Board of Directors reviewed and sanctioned the availability of the new facility, which is provided by HDFC Bank Ltd. This loan falls under the Emergency Credit Line Guaranteed Scheme (ECLGS).This strategic approval enhances Kranti Industries Ltd's financial standing through the provision of the additional working capital term loan from the bank.Stock Price Movement Kranti Industries Ltd settled at ₹59.05 on Friday, edging up 2.93%. The...

K2 Infragen Secures Large Order worth 3158.58 Crores from Railway Corporation Ltd. K2 Infragen Limited has secured a significant work order amounting to approximately 3158.58 Crores (Rupees One Hundred Fifty-Eight Crore Fifty-Eight Lakhs only), including GST, from Konkan Railway Corporation Ltd.The contract pertains to the upgradation of the electric traction system across multiple sections belonging to the North Western Railway. The scope of work includes Design, Supply, Erection, Testing and Commissioning for upgrading the existing traction system from 1 x 25 kV to a dual 2 x 25 kV traction system.The contracted work covers two divisions:In the Jodhpur Division (LUNI - SMR - BLDI Sections), totaling 272 RKM / 345.646 TKM. In the...

Krishna Institute of Medical Sciences Approves Preferential Allotment of Warrants to Promoter Group Krishna Institute of Medical Sciences Ltd. (KIMS) has announced the approval of a preferential allotment of warrants to members of its promoter and promoter group. The move, ratified by the Board of Directors on June 13, 2026, aims to raise capital through the issuance of these financial instruments.The Board approved the creation, offer, and issue of a total of 77,02,182 warrants. Each warrant is fully convertible into one equity share of the company, which has a face value of ₹ 2/-. The warrants were issued at a Warrant Issue Price of ₹ 779.00 per unit, with a premium of ₹ 777.00.The preferential allotment was completed in a private...

Ludlow Jute and Specialities Ltd Extends Managing Director Ashish Agrawal’s Tenure for Three Years The Board of Directors of Ludlow Jute & Specialities Limited has approved the re-appointment of Mr. Ashish Chandrakant Agrawal as Managing Director for a further three consecutive years, effective from June 13, 2026, until June 12, 2029.The decision comes following a board meeting held on Saturday, June 13, 2026, and was based on the recommendation of the Nomination and Remuneration Committee. The re-appointment of Mr. Agrawal as Managing Director is subject to shareholder approval.Mr. Agrawal holds extensive industry experience, possessing over 30 years across various leadership roles in manufacturing operations, quality management...

Dr. Reddy's Announces First-to-Market Launch of Bosutinib Tablets 400mg in the U.S. Dr. Reddy's Laboratories Ltd. has announced the first-to-market launch of Bosutinib Tablets 400mg, a generic equivalent of Bosulif®, in the United States. The product launch, confirmed on June 13, 2026, reinforces Dr. Reddy's commitment to expanding its oncology portfolio and improving patient access to affordable medicines.The launch is the result of a collaboration between Dr. Reddy's Laboratories Ltd. and MSN Laboratories Private Limited (MSN), a pharmaceutical company based in India. While MSN is responsible for the development and manufacturing of Bosutinib Tablets, Dr. Reddy's holds the exclusive marketing rights for the product in the United...

Nyssa Corporation Ltd Appoints New Compliance Officer Following Resignation of Company Secretary Nyssa Corporation Ltd has announced a change in its compliance officer, effective June 13, 2026. The company appointed Ms. Shruti Poddar as the new Compliance Officer following the resignation of Ms. Priya Goyal Agarwal from her position.Ms. Agarwal resigned as the Company Secretary and Compliance Officer, citing personal reasons, with her tenure concluding at the close of business hours on June 12, 2026.The Board of Directors appointed Ms. Shruti Poddar, who is also a Company Secretary, to take over the role. The appointment was made following the recommendation of the Nomination and Remuneration Committee.Ms. Shruti Poddar holds a...

Ravindra Energy Revisions Rights Issue Details, Increasing Share Count and Issuing Corrigendum Ravindra Energy Limited has issued a Corrigendum to its Letter of Offer dated June 3, 2026, concerning the ongoing Rights Issue. The revision addresses changes in the total number of Rights Equity Shares and the overall Issue Size, resulting from necessary adjustments for fractional entitlements.The Corrigendum confirms that there are no other alterations to the Letter of Offer, the Application Form, or the Rights Entitlement Letter. All previous terms and conditions remain unchanged except as modified by this document.Key Revisions to the Rights Issue In light of the final determination of Rights Entitlements, the total number of Rights...

Ashoka Buildcon Limited Secures Contract for Gems & Jewellery Park Development in Raipur Ashoka Buildcon Limited has received a Letter of Acceptance (LOA) from the Chhattisgarh State Industrial Development Corporation Limited (CSIDC) for a major infrastructure project. The contract involves the development of a Gems and Jewellery Park under a Public Private Partnership (PPP) mode in Raipur, Chhattisgarh.The company secured the contract as the lead member in a Joint Venture, holding a 51% stake. This agreement grants Ashoka Buildcon Limited the opportunity to execute the development project on behalf of CSIDC.The project spans an area of 38,922 Sq. mtrs and involves developing a Gems and Jewellery Park within Raipur, Chhattisgarh...

NRB Bearings Promoter Releases Pledged Shares Across Two Days NRB Bearings Ltd has seen a notable change in its ownership structure as the company's promoter, Harshbeena Sahney Zaveri, released pledged equity shares across two consecutive days, impacting the level of encumbered holdings.The transactions involve the release of pledged shares by Mr. Zaveri, who is identified as a Promoter and Person Acting in Concert (PAC) with the acquirer entity. This activity shifts the balance between freely held voting rights and shares that remain encumbered.Details regarding the promoter's stake before and after the releases are provided below:Holding CategoryBefore DisposalAfter DisposalShares Carrying Voting Rights (VR)95,39,204...

Capri Global Ventures Acquires 900,000 Shares in Ironwood Education Ltd Capri Global Ventures Private Limited, formerly known as Capri Global Holdings Private Limited, has acquired a significant stake in Ironwood Education Ltd. The acquisition process involved two methods: a preferential allotment and open market purchases of equity shares in the education company.The transaction was completed on June 11, 2026. Through this combined effort, the acquirer holds 900,000 Equity Shares in Ironwood Education Ltd., representing 5.3633% of the paid-up equity share capital of the target company.Details regarding the acquisition and resulting shareholding are as follows:MetricBefore AcquisitionAfter AcquisitionTotal Equity Shares in...

Promoter Invokes Pledge on Shares of Vishnu Prakash R Punglia Ltd Vishnu Prakash Punglia Ltd reported a significant transaction involving its promoter, Mr. Vishnu Prakash Punglia, concerning the shares of the company. The event, dated June 03, 2026, was noted as a Pledge Invocation.The transaction details show changes in the holding and encumbrance of shares by the promoter, who is identified as one of the Promoter(s) of the Company.Before the acquisition/sale, Mr. Vishnu Prakash Punglia held 1,05,59,000 shares in the nature of encumbrance (pledge/lien), representing 8.47% of the total diluted share/voting capital. His direct holding of shares carrying voting rights stood at 1,16,000, equating to 0.09%. The aggregate pre-transaction...

Non-Promoter Acquirer Buys Shares in Lippi Systems Ltd Guttikonda Rajasekhar and Guttikonda Vara Lakshmi have acquired shares in Lippi Systems Ltd through an open market transaction. The acquisition, which took place on June 11, 2026, increased the combined holding of the two individuals to a total of 5.45% of the company’s diluted share capital.The acquirers, neither Guttikonda Rajasekhar nor Guttikonda Vara Lakshmi, are affiliated with any promoter or promoter group within Lippi Systems Ltd. The target company is listed on the BSE Limited. The transaction involved the purchase of shares in the open market.Details regarding the acquired shares and the holdings before and after the transaction are summarized below...

Inter-se Gift Deed: Nisha Chandresh Saraswat Acquires 11.16% of Shares in Yug Decor Ltd Yug Decor Ltd is undergoing an inter-se transfer of shares within its Promoter Group through a gift deed, significantly altering the shareholding structure of key promoters. The proposed acquisition involves the transfer of 18,05,405 shares by two existing promoter members to Nisha Chandresh Saraswat.The transaction, which is designated as an internal family transfer within the Promoter and Promoter Group, has been set to occur on or after June 18, 2026. The acquisition is being executed via a gift deed, meaning there is no financial consideration involved in the proposed transfer.Nisha Chandresh Saraswat will be the beneficiary of the shares...

Emerald Finance Secures ₹10 Crore Term Loan from ICICI Bank to Boost Business Expansion Emerald Finance Ltd has successfully raised a Term Loan of ₹10,00,00,000/- from ICICI Bank Limited. This financing is designated for the further expansion of the company’s business operations.The funds secured by Emerald Finance will be primarily utilized in onward lending activities. A key focus area identified for these resources is the Earned Wage Access (EWA) Program. Under this structured program, which involves collaboration with their employers, employees of leading corporates are granted seamless access to a portion of their earned salaries during the month through short-term credit facilities offered by the company.The successful...

Manubhai Amrutlal Shah Sells Shares of Bacil Pharma Limited in Open Market Manubhai Amrutlal Shah has conducted a shares disposal transaction concerning Bacil Pharma Limited, reducing their stake in the company. The sale, which took place on June 10, 2026, saw the individual divesting a portion of their existing holdings.The acquisition/disposal was carried out through the open market by Manubhai Amrutlal Shah. Prior to the transaction, the acquirer held 26,31,709 shares in Bacil Pharma Limited, representing 18.34% of the total share or voting capital of the target company.Through the sale, Mr. Manubhai Amrutlal Shah disposed of 8,00,000 shares, which corresponded to 5.57% of the diluted share or voting capital of Bacil Pharma...

Promoter in Yug Decor Ltd transfers 1.85% stake via Gift Deed Yug Decor Ltd has seen an inter-se share transfer within its promoter group, as Pooja Sanjeev Saraswat acquires 300,000 shares of the company from Santosh Kumar Ramjilal Saraswat through a gift deed. This transaction is part of a family arrangement aimed at succession planning and streamlining the family's assets.The proposed acquisition is set to take place on or after June 18, 2026. Pooja Sanjeev Saraswat, who belongs to the promoter group of Yug Decor Ltd, will acquire the shares from Santosh Kumar Ramjilal Saraswat. The transfer involves 3,00,000 shares, representing 1.85% of the company's share capital.The acquisition is being executed as a gift deed and was...

Promoter Acquirer Increases Holding in Jaro Institute of Technology Management and Research Limited Shares Sanjay Namdeo Salunkhe, acting as a promoter, acquired additional equity shares of Jaro Institute of Technology Management and Research Limited through the open market. The acquisition was completed on June 12, 2026.The details provided show that Sanjay Namdeo Salunkhe held 1,22,98,840 shares carrying voting rights prior to the transaction, representing 54.93% of the total diluted share/voting capital. The company's equity share capital was noted at 2,22,70,387 Equity Shares of Rs. 10/- each before the acquisition.The acquisition involved the purchase of 1,5326 shares carrying voting rights. This transaction accounted for a...