Markets

Schneider Electric President Systems Ltd Shares Listed on BSE Main Board Following Direct Listing Approval Schneider Electric President Systems Limited (SEPSL) has seen its Equity Shares admitted to dealings and listed on the Main Board of BSE Limited, effective June 12, 2026. The listing provides visibility into key details regarding the Company's securities on the exchange.The listing was finalized with BSE Limited, which issued a notice concerning the direct listing process for SEPSL’s equity shares.Key financial and operational details of the successful listing are as follows:Stock ExchangeBSE LimitedScrip Code544786Type of ListingMain Board - Direct ListingEffective Date of ListingJune 12, 2026Number of Shares...

Dhunseri Tea Announces Transfer of Unclaimed Equity Shares to Investor Education and Protection Fund Dhunseri Tea & Industries Limited has issued a notice concerning the transfer of equity shares to the Investor Education and Protection Fund (IEPF) for shareholders who have not claimed dividend amounts for seven consecutive years or more. This action is taken under the provisions of the IEPF Rules, 2016, as amended.The company informed all concerned shareholders that any equity shares related to dividends that remain unpaid or unclaimed for a period of seven consecutive years or longer will be transferred to the IEPF.A comprehensive list detailing the shareholders whose shares are liable for transfer to IEPF, along with their...

OPaL Approves Raising Funds Through Private Placement of NCDs up to Rs 4,471 Crore ONGC Petro additions Limited (OPaL), a debt-listed subsidiary of Oil & Natural Gas Corporation Limited (ONGC), has approved a plan to raise funds through the private placement of Non-Convertible Debentures (NCDs).The approval was granted by the Board of Directors during its 134th meeting, which took place on June 11, 2026.According to the internal communication, OPaL’s Board approved the proposal for raising funds through a private placement of secured or unsecured, redeemable Non-Convertible Debentures (NCDs). The aggregate amount set for this fund-raising initiative does not exceed Rs 4,471 crore.This strategic move is subject to the subsequent...

India-EU FTA Set to Surge German Trade: Consul General Hallier Hails New Investment Avenues Beyond Traditional Hubs Boosting Bilateral Ties with the Forthcoming Free Trade Agreement The proposed India-European Union Free Trade Agreement (FTA) is set to provide significant momentum to Germany-India trade relations. Christoph Hallier, the German Consul General in Mumbai, stated that the agreement will unlock substantial new opportunities for German corporations seeking expansion within India.Hallier expressed full confidence that once the India-EU FTA comes into effect, it will markedly boost bilateral trade between both nations. He emphasized that the economic relationship is steadily improving, noting a six percent growth in their...

Grasim Industries Schedules One-on-One Meeting with Wellington Investment Management Grasim Industries Ltd has finalized the schedule for an analyst meeting, detailing interactions with key institutional investors. The company confirmed that the engagement will take place in Mumbai and designated the presentation materials available to participants.The dedicated meeting is scheduled between Grasim Industries and Wellington Investment Management. The details of this investor interaction are summarized below:DateAnalyst / Institutional InvestorType of MeetingMode of MeetingLocation15 June 2026Wellington Investment ManagementOne on OnePhysicalMumbaiThe company also provided details regarding the preparatory materials for the...

Auri Grow India Announces Resignation of Key Personnel Ms Aditi Garg Auri Grow India Limited has announced that Ms. Aditi Garg, a key member of its leadership team, has resigned from her multiple roles within the company. The resignation is effective from the close of business hours on June 12, 2026.Ms. Garg held the positions of Company Secretary and Compliance Officer, in addition to being considered key managerial personnel at Auri Grow India Limited. She submitted her resignation citing personal reasons and other professional commitments.The Board of Directors of Auri Grow India Limited has acknowledged the resignation and recorded sincere appreciation for Ms. Aditi Garg's contributions during her tenure with the company...

Banas Finance Ltd Notifies Resignation of Secretarial Auditor Banas Finance Ltd has informed stakeholders regarding the resignation of its Secretarial Auditor. M/s HRU & Associates Practicing Company Secretaries, who hold Membership No-46800 and COP No 20259, tendered their resignation with immediate effect on June 12, 2026.The auditor's decision to resign was attributed to other pre-occupations in assignments. The company has stated that there are no concerns raised by the Secretarial Auditor regarding the management of Banas Finance Ltd, and nor is there a material reason for the departure beyond the professional reasons mentioned.The Board and the Audit Committee will proceed with considering the appointment of new Secretarial...

Keerthi Industries Ltd Temporarily Closes Clinker Production Facility Amid Unfavorable Market Conditions Keerthi Industries Ltd, formerly known as Suvarna Cements Limited, has announced the temporary closure of its clinker production facility. The decision was made due to unfavorable market conditions currently prevalent in the cement industry.The company confirmed that the clinker production facility ceased operations with effect from June 12, 2026.Keerthi Industries Ltd stated that it will provide an update once clinker production resumes and normal operational activities are restored.Stock Price Movement At the close of trade today, shares of Keerthi Industries Ltd settled at ₹40.79, after tipping up 1.98%. The stock traded...

Lyka Labs Announces Allotment of Equity Shares Following Board Resolution The Board of Directors of Lyka Labs Limited approved a significant allotment of equity shares through a circular resolution passed on June 12, 2026. This move relates to the Scheme of Amalgamation that was sanctioned by the National Company Law Tribunal, Ahmedabad Bench, following an earlier intimation provided on April 9, 2026.In accordance with the Board's decision, Lyka Labs Limited allotted 4,62,711 Equity Shares, each having a face value of Rs. 10/- (Rupees Ten Only). These shares were granted to shareholders who held equity in Lyka Exports Limited, referred to as the Transferor Company, based on the company's record date of June 04, 2026.The allotment...

Facor Alloys Ltd Posts Consolidated Results for FY 2025-26; Reports Net Loss and Faces Audit Qualification Facor Alloys Limited has released its consolidated financial results for the quarter and year ended March 31, 2026. The company reported a net loss after tax for the fiscal year while highlighting operational challenges, including the suspension of manufacturing activities and the classification of assets as held for sale.The Consolidated Statement on Impact of Audit Qualifications provided key figures regarding the financial performance of the group. For the full year ended March 31, 2026, the company reported a Total Income of 188.78 Lakhs. Against this income, the consolidated results show a Net Profit/(Loss) After Tax of...

Indian Energy Exchange Schedules Institutional Investor Meeting with Cooper Investors Indian Energy Exchange Ltd has announced the schedule for an institutional investor meeting, outlining key details regarding the upcoming engagement with a major financial entity.The company confirmed the arrangement of a dedicated one-on-one meeting with Cooper Investors. The session is scheduled to take place in Noida and is focused on maintaining communication between the company and its institutional stakeholders.A summary of the scheduled meeting is presented below:DateFunds/InstitutionsType of Meeting/ LocationJune 15, 2026Cooper InvestorsOne-on-One / NoidaThe schedule for these conferences and meetings remains subject to change...

Prabha Energy Limited Approves Conversion of Partly Paid-Up Equity Shares Following Rights Issue The Right Issue Committee of the Board of Directors at Prabha Energy Limited has approved the conversion of partly paid up equity shares related to the ongoing rights issue. The approval followed the receipt of the First Call Money on these shares, as determined by the company's board meeting held on June 12, 2026.The committee approved the status change for 88,97,316 partly paid up equity shares with a face value of Rs. 1 each. These conversion details relate to the completion of the First Call payment stage of the company's rights issue.Prior to the update, these shares were recorded as 34% paid up. The newly approved status reflects...

Campus Activewear Ltd Announces CFO Resignation and Key Managerial Personnel Status Change Campus Activewear Limited has announced the resignation of its Chief Financial Officer (CFO), Mr. Sanjay Chhabra. The change in personnel is effective from the close of business hours on July 7, 2026.Mr. Chhabra tendered his resignation due to personal reasons and will cease his duties as CFO and Key Managerial Personnel under the Companies Act, 2013, and regulatory provisions. He also relinquishes his position as Chief Risk Officer with effect from the specified date.The company confirmed that it is actively engaged in the process of appointing a successor for the role of Chief Financial Officer. The appointment will be communicated to...

Veejay Lakshmi Engineering Works to Hold Board Meeting to Fix Borrowing Limit Veejay Lakshmi Engineering Works Ltd has scheduled its 230th meeting of the Board of Directors. The meeting is set to take place in Coimbatore on May 10, 2026.The primary purpose of the board meeting is to consider and finalize the company's Borrowing Limit. The resolution concerning the fixed borrowing limit will require subsequent approval by the General Body of shareholders.The event aims to address the financial framework pertaining to the company's borrowing capacity, which will be determined at the scheduled corporate gathering in Coimbatore on May 10, 2026.Stock Price Movement Veejay Lakshmi Engineering Works Ltd. settled at ₹36.00 on Friday...

CreditAccess Grameen Ltd Schedules One-to-One Investor Meeting for Nuvama Institutional CreditAccess Grameen Ltd has scheduled a specialized one-to-one investor meeting with Nuvama Institutional.The meeting is set to take place on June 15, 2026, and will be conducted virtually. The event aims to provide specific details to the targeted institutional investors from CreditAccess Grameen Limited.Key details regarding the scheduled Investor Meeting are as follows:DateTime (IST)Investors TargetedMeeting TypeMode15.06.20263:00 PM to 4:00 PMNuvama InstitutionalOne to OneVirtualThe company announced the schedule on June 12, 2026.CREDITACC Stock Price Movement Today, CREDITACCESS GRAMEEN LIMITED gained 3.17% on closing, settling...

Kabra Drugs Ltd's Special Resolutions Approved by Shareholders Through Remote E-voting Kabra Drugs Ltd confirmed that its members duly approved several key resolutions via a Postal Ballot conducted through remote e-voting, concluding on June 10, 2026. The approvals cover significant changes relating to the company’s structure and name.The resolution concerning the change in the company's name was successfully passed by the members with the requisite majority. Similarly, the special resolution related to the alteration (addition) of the object clause of the Memorandum of Association was also approved by the shareholders during the voting period. The e-voting process ran from May 12, 2026, until June 10, 2026.Results of Special...

Khaitan Chemicals Announces Dividend of Rs 0.05 Per Share; Details on TDS Provisions Released Khaitan Chemicals & Fertilizers Limited has announced a dividend recommendation for its shareholders, setting forth various tax deduction at source (TDS) requirements based on the Income Tax Act, 2025. The Board of Directors recommended a dividend of Rs 0.05 per Equity Share, which represents 5% of the face value of Rs 1/- per share, for the financial year ending March 31, 2026.The dividend payment is contingent upon approval at the ensuing 44th Annual General Meeting (AGM). The company has fixed the record date as Tuesday, July 14, 2026, to determine the entitlement of members for this dividend.As per the Income Tax Act, 2025, dividends...

Poly Medicure Limited Schedules One-on-One Investor Meet with TrustAMC Poly Medicure Limited has announced a schedule for a one-on-one investor meeting involving analysts and investors. The event focuses on a specific plant visit planned with TrustAMC.The company officials will host this detailed meeting, providing insights to the invited financial community members.Investor Meet DetailsThe following table outlines the confirmed details of the scheduled investor interaction:Name of Analyst/ InvestorMeeting DateTimeVenueMeeting TypeTrustAMCWednesday, 17th June 202610:30 AM India TimePlant Visit at Plot No. 117, HSIIDC Industrial Area, Sector-59, Faridabad-121004, IndiaOne-on-onePOLYMED Stock Price Movement Poly Medicure...

Karur Vysya Bank Boosts FCNR Deposit Rates, Offers Up To 7.00% on US Dollar Savings Karur Vysya Bank (KVB), a leading private sector bank with over 110 years of legacy, has raised interest rates across its Foreign Currency Non-Resident (FCNR) deposit schemes. The update aims to provide better returns for Non-Resident Indians (NRIs) saving in foreign currencies, particularly highlighting a rate of up to 7.00% per annum on US Dollar (USD) FCNR deposits.The bank's revised scheme allows NRIs to hold their overseas savings—currently in foreign currency and away from rupee market volatility—for tenures ranging from one to five years. The updated rates are effective from June 10, 2026.Revised USD FCNR Deposit Rates KVB has structured its...

Auri Grow India Reports Resignation of Company Secretary and Compliance Officer Auri Grow India Limited has announced a change in its key managerial personnel following the acceptance of resignation from its Company Secretary and Compliance Officer. Ms. Aditi Garg resigned from her positions, effective at the close of business hours on June 12, 2026.The Board of Directors considered and accepted the resignation as part of a meeting held on Friday, June 12, 2026. Ms. Garg resigned due to personal reasons and other professional commitments.Auri Grow India Limited confirmed that the change relates to the post of Company Secretary and Compliance Officer and Key Managerial Personnel (KMP).Key details regarding the resignation are...