Markets

ARBBusinessTrust Acquires 3.11% Stake in Clean Science and Technology Ltd through Inter-set Gift Transfer Clean Science and Technology Ltd has reported an increase in its promoter group holding following a share acquisition by ARBBusinessTrust. The transfer, which occurred on June 10, 2026, was executed as an offmarket inter-set transfer by way of gift among the promoter group members.The transaction resulted in ARBBusinessTrust increasing its stake in the company. Prior to the acquisition, the acquirer's holding stood at 0.00% of the paidup share capital. After the transfer, ARBBusinessTrust's ownership increased to 3.11%.Transaction Details and Holdings ARBBusinessTrust, identified as a promoter group member, acquired 33,00,000...

AAB Business Trust Acquires 9.50% Stake in Clean Science and Technology Ltd via Inter-set Transfer AAB Business Trust, a member of the promoter group of Clean Science and Technology Limited, has completed an acquisition that significantly boosted its holding in the company. The transaction involved the receipt of equity shares through an inter-set transfer among promoter group members.The acquisition was finalized on June 10, 2026. AAB Business Trust acquired 1,01,00,000 equity shares of Clean Science and Technology Limited. This purchase brought AAB Business Trust's total shareholding to 9.50%, an increase from its previously reported holding of 0.00% as of March 31, 2026.The acquisition was executed via an off-market inter-set...

Shyam Metalics and Energy Ltd Schedules Meeting for Institutional Investors and Analysts Shyam Metalics and Energy Limited has scheduled a meeting with Institutional Investors and Analysts to discuss the company based on publicly available information. The event is slated to take place in Mumbai.The planned interaction details are summarized below:Day, Date & TimeInteraction TypeEvent LocationWednesday, 17th June 2026 at 3:00 P.M.Physical Meet with Institutional Investors / AnalystsGrand Hyatt (Mumbai)The discussions during the interaction are intended to be based solely on publicly available information. The company stated that no unpublished price sensitive information (UPSI) is planned for discussion during the scheduled...

Hitachi Energy to Invest INR 2000 Crore in New Large Power Transformer Factory in Vadodara Hitachi Energy India Limited is investing approximately INR 2000 crore to establish a state-of-the-art Large Power Transformer (LPT) factory in Karjan, Vadodara. This significant investment reinforces the company's commitment to strengthening its manufacturing footprint in India and supporting the country's growing energy transition goals.The establishment of the new facility is aimed at meeting the rising demand for high-quality power equipment driven by grid expansion, data centers, and industrial electrification across the nation. The project builds upon Hitachi Energy’s 77-year history in India and aligns with national initiatives promoting...

Crompton Greaves Ordered to Pay Compensation and Litigation Expenses in Consumer Dispute Crompton Greaves Consumer Electricals Limited has been subject to an order from the District Consumer Disputes Redressal Commission, Kalahandi, Bhawanipatna, Odisha. The decision involves a consumer complaint regarding a product purchased by the complainant.The dispute arose after a consumer filed a complaint alleging that one of Crompton's jet pumps was not functioning properly. Following this action, Crompton Greaves has been directed to make payments totaling ₹15,000.00.Details of the order and the associated costs are as follows:Financial BreakdownAmount (₹)PurposeCompensation Payment10,000/-Consumer CompensationLitigation...

Marvel Decor Secures INR 3.91 Crore Order for Ultra Exclusive Tower in Dubai Marvel Decor Limited has secured a significant purchase order valued at INR 3.91 Crore. The contract involves the supply and installation of curtain tracks and motors for a high-end, ultra exclusive 32 story tower located in Jumeirah Bay Island, Dubai, UAE.The project is described as one of the city's most prestigious ultra-luxury residential developments. This landmark project comprises 32 floors and features an exclusive collection of half floor penthouses, full floor penthouses, and three-level sky villas, making it a highly sought after property in the global branded luxury residences segment.This contract win is noted to strengthen Marvel Decor’s...

Bosch Stock Surges 5% on UBS Double Upgrade: Target Raised to Rs 45,530 Amid Growth Bets Global Brokerage Upscaling Bosch Valuation After Portfolio Restructuring Shares of Bosch Ltd saw a significant surge on Friday, climbing up as much as 5%. This rally followed the major rating upgrade from global brokerage UBS, which moved its assessment of the stock from 'Sell' to 'Buy'. UBS sharply raised its target price, attributing the improved outlook primarily to recent portfolio changes and strategic acquisitions.The stock traded strongly, reaching an intraday high of Rs 39,456 before taking some profit booking. In late morning trade, Bosch was already trading robustly 3.4% higher at Rs 38,845.UBS Target Hike Signals Stronger Investment...

GSP Crop Science Completes Acquisition of Remaining Stake in Subsidiary GIPL GSP Crop Science Ltd has completed the acquisition of the remaining equity stake in GSP Intermediates Private Limited (GIPL), making the company a wholly-owned subsidiary.The completion of the acquisition occurred on June 11, 2026. The Company acquired the balance 21% of equity stake in GIPL from an existing shareholder. This stake comprised 3,150,000 equity shares, each having a face value of Rs. 10/-.Following this transaction, GSP Crop Science Ltd’s shareholding in GIPL increased to 100%, ensuring that the subsidiary is now fully owned by the Company.GSPCROP Stock Price Movement Shares of GSP Crop Science are edging higher to ₹443.5 as of 10:46 AM...

Portfolio Management Clients Increase Holding of Shares in Unichem Laboratories Ltd Portfolio Management Clients of Equity Intelligence India Pvt Ltd and EQIndia Fund have increased their holding of shares in Unichem Laboratories Ltd. through an open market purchase, with the acquisition bringing their stake up significantly.The transaction details indicate that the portfolio management group acquired 3,00,000 shares of the company from the open market. This move marks a notable increase in their investment position.Prior to this open market acquisition, the holding of the acquiring entity stood at 6,94,375 shares, representing 0.99% (based on total share/voting capital). Following the purchase, the current holding increased to...

Promoter Sells Shares in GNG Electronics Limited on Open Market Vidhi S Khandelwal, holding a position as a promoter, has sold shares of GNG Electronics Limited through the open market. The transaction was completed on June 11, 2026.The sale represents a portion of the promoter's holding in the company. Prior to the disposal, Vidhi S Khandelwal held 17,935,870 shares carrying voting rights, representing 15.73 percent of the total share capital.During the open market transaction, 4,487,203 shares were sold, translating to a 3.94 percent reduction in holding.Following the sale, the promoter's stake has been adjusted. The holdings now stand at 13,448,667 shares carrying voting rights, which equates to 11.80 percent of the company’s...

Nippon India Mutual Fund Acquires Shares in BlueStone Jewellery and Lifestyle Ltd through Open Market Purchase Nippon India Mutual Fund, acting through Nippon Life India Trustee Limited A/c, has acquired shares of BlueStone Jewellery and Lifestyle Ltd. The acquisition was carried out via the open market during a period spanning August 12, 2025, to June 09, 2026.The purchase transactions were completed against BlueStone Jewellery and Lifestyle Ltd., which is listed on both the National Stock Exchange of India Ltd and BSE Limited. The acquirer has been identified as neither belonging to a Promoter nor a Promoter group.Acquisition Details Summary Details regarding the holdings of Nippon India Mutual Fund prior to and following the...

Promoter Acquires Shares in Sudarshan Chemical Industries Through Warrant Conversion Rajesh Balkrishna Rathi, identified as a promoter, has increased his stake in Sudarshan Chemical Industries Limited following the preferential allotment of equity shares resulting from warrant conversion. The acquisition took place on June 10, 2026.Details of the holding before the transaction show that Rajesh Balkrishna Rathi held 40,50,359 shares carrying voting rights in Sudarshan Chemical Industries Limited, representing 5.15% of total share/voting capital and 6.30% of the diluted capital. The promoter also held 9,80,000 warrants/convertible securities that entitle him to receive shares carrying voting rights in the company.The transaction...

Bhikhiben Balvantsinh Rajput Acquires Shares of Gokul Refoils and Solvent Ltd in Open Market Transaction Bhikhiben Balvantsinh Rajput, along with associated Persons Acting in Concert (PAC), has increased its stake in Gokul Refoils & Solvent Limited. The acquisition occurred on June 10, 2026, as part of an open market transaction.The acquiring entity, Bhikhiben Balvantsinh Rajput, who belongs to the Promoter group, utilized this Open Market acquisition to increase their holding in Gokul Refoils & Solvent Limited (Target Company).Prior to the acquisition, Bhikhiben Balvantsinh Rajput held 2,27,21,400 shares of the Target Company, representing a 22.9521% stake. The transaction involved the acquisition of an additional 4,000 shares...

Nippon India Mutual Fund Increases Stake in Aditya Birla Lifestyle Brands Ltd through Open Market Purchases Nippon India Mutual Fund has increased its stake in Aditya Birla Lifestyle Brands Limited (ABBL) following a period of open market purchases. The fund now holds 5.3338% of the company's total diluted share capital, up from its previous holding.The acquisition was carried out by Nippon India Mutual Fund through NipponLife India Trustee Limited A/c and spanned the period from May 23, 2025, to June 9, 2026. The fund acquired a total of 7,704,447 shares in ABBL via open market transactions.Aditya Birla Lifestyle Brands is listed on both The National Stock Exchange of India Ltd and BSE Limited.The transaction details regarding...

India Commits to Weaker Fiscal Deficit as Iran Crisis Squeezes Energy Subsidies Budget Target Threatened by Global Instability and Oil Prices India is reportedly preparing for a wider budget deficit than initially projected this fiscal year. This revised outlook comes amid heightened global instability, particularly driven by the ongoing conflict in Iran. As the war strains global markets, fuel subsidy costs are mounting pressure on government finances.The country, which stands as the world's third-largest oil importer and consumer, is prepared to allow the budget gap to widen. The planned deficit could reach 4.8% of GDP. This figure contrasts sharply with the initial target of 4.3% set for the fiscal year that began on April 1...

Sindhu Trade Links Ltd Increases Share Capital and Approves Major Acquisitions in Resource Sector Sindhu Trade Links Limited (STLL) is set to undergo a significant corporate restructuring alongside two major strategic acquisitions as it convenes an Extraordinary General Meeting (EGM). The EGM aims to approve substantial increases in authorized share capital, which will facilitate the company's planned purchases of stakes in Advent Coal Resources Pte. Ltd and Sainik Mining and Allied Services Limited.The proposed transactions are crucial steps in STLL’s growth strategy, allowing the company to acquire strategic assets and businesses critical for future expansion by utilizing non-cash consideration.Capital Restructuring and...

ICICI Bank Allots 394,038 Equity Shares Under Employee Stock Option Scheme-2000 ICICI Bank Ltd has completed the allotment of equity shares under the ICICI Bank Employees Stock Option Scheme-2000. The bank allotted a total of 394,038 equity shares on June 12, 2026.The shares allotted stand at a face value of Rs. 2 each. This transaction followed the approval by two Executive Directors at 09.59 a.m., related to the scheme implemented by the bank.ICICIBANK Stock Price Movement Shares of ICICI Bank Limited are edging higher to ₹1320.9 as of 10:21 AM today, rising 0.3% in live trading. The equity sees active market interest, with over 3.6 million shares traded so far into the session.

Market Shifts: Zerodha and ICICI File Drafts for Lifecycle Funds That Automatically Manage Your Risk India's mutual fund industry is on the cusp of a significant transformation with the filing of draft schemes for Target-Date or Lifecycle Funds. This groundbreaking category, which was approved by SEBI in February, represents the first time that Indian fund houses are offering a product designed to automatically manage portfolio risk based on a set target year.Zerodha Mutual Fund and ICICI Prudential Mutual Fund have filed their respective documents with SEBI. These funds are fundamentally different from existing solution-oriented products because they are structured around a defined maturity date, not merely a specific goal. This...

Nuclear Power Push: Finance Ministry Waves Customs Duty on Critical Imports to Fuel India's Green Energy Future India’s finance ministry has taken a significant step to bolster its nuclear energy sector, announcing a customs duty waiver on essential imports for nuclear power generation. This order extends relief retrospectively, covering eligible goods imported between April 1, 2019, and January 31, 2026. The measure underscores the government’s commitment to achieving ambitious national energy targets.Retrospective Duty Waiver Boosts Nuclear Projects The June 11 government order applies the customs duty exemption retroactively, covering imports that occurred before the latest Budget-linked relief took effect. This waiver was...

Trinity Infraventures Completes Share Transaction in Aion-Tech Solutions Ltd Trinity Infraventures Limited and associated Persons Acting in Concert (PAC) have finalized a share transaction involving Aion-Tech Solutions Limited, with the acquisition conducted through the open market. The figures detail the holdings of the promoter group before and after the sale and purchase activity concerning the target company.The promoter group, led by Trinity Infraventures Limited, held significant stakes in Aion-Tech Solutions Ltd prior to the transaction. Before the acquisition/sale under consideration, the combined holding of Trinity Infraventures Limited and its PAC members stood at 2,74,04,756 shares. This represented a combined stake...