Markets

Richa Info Systems Secures Order worth 361.12 Lakhs from Gangotri Enterprise Richa Info Systems Limited has secured a significant order for supplying advanced display technology to Gangotri Enterprise. The contract, which involves the delivery and installation of specialized interactive flat panels, was awarded on June 8, 2026.The company's engagement with Gangotri Enterprise is described as a domestic transaction. The scope of work includes providing the TECHNO TECHNILLNOW INTERSCTIVE FLAT PANEL 75ER-T __14 (ANDROID 14, 8 GB RAM, 128 GB ROM).The order is valued at 361,12,400.00 /- (Rupees Sixty- One Lakh Twelve Thousand Four Hundred Only), including all applicable taxes. Richa Info Systems has been allotted a period of 45 days to...

RBL Bank Open Offer Status: Zero Equity Shares Tendered by Public Shareholders The open offer concerning the acquisition of equity shares in RBL Bank Limited has recorded zero submissions from public shareholders as of June 09, 2026.Emirates NBD Bank (P.J.S.C.), acting as the Acquirer, initiated the open offer to acquire up to 415,586,443 equity shares of RBL Bank Limited from public shareholders. This total offer size represents 26.00% of the Expanded Voting Share Capital of the Target Company.According to statements received by the Manager to the Open Offer from Ventura Securities Limited, nil Equity Shares, constituting 0.00% of the Offer Size, have been tendered in the designated Open Offer Escrow Demat Account with Ventura...

Valencia Nutrition Allots 15.2 Lakh Equity Shares Via Preferential Conversion Valencia Nutrition Ltd announced the allotment of 15,20,000 equity shares pursuant to the conversion of warrants in a preferential allotment on a private placement basis. The shares were issued to a person belonging to the Promoter Category and resulted in a total consideration of Rs. 6,08,00,000/-.The company allotted the 15,20,000 equity shares at an issue price of Rs. 40/- per share. The shares have a face value of Rs. 10/- each and include a share premium of Rs. 30/-.Details surrounding the transaction indicate that out of the total consideration, an amount aggregating to Rs. 1,52,00,000/-, which represents 25% of the issue price per warrant, was...

Anand Rathi Reports Update on Ongoing Fraud Investigation Involving Off-Market Transfer of Shares Anand Rathi Share And Stock Brokers Ltd has provided an update regarding the ongoing investigation into fraud involving fraudulent off-market transfers. The company reported that one additional client was defrauded by accused persons, utilizing a modus operandi similar to the case initially filed with authorities. This incident pertains specifically to depository activities and not broking activities of the company.The company confirmed that the additional incident has been reported to EOW, Pune, who is currently conducting the investigation concerning the fraudulent FIR registration. While the client involved in this new incident is not...

Pankaj Polymers Appoints Key Directors and Approves Corporate Office in Noida Pankaj Polymers Ltd has finalized several key leadership appointments following a meeting of its Board of Directors held on June 09, 2026. The board approved the appointment of five additional directors across various categories and sanctioned the establishment of a new corporate office in Noida.The appointments include seasoned professionals from the banking, technology, and fintech sectors. Mr. Mayank Chawla was appointed as an Additional Director and designated as Chief Executive Officer and Whole-time Director, a Key Managerial Personnel role. This appointment is set for a term of five years, effective June 09, 2026, and is subject to the approval of the...

Richa Info Systems Secures Order from Marval Enterprise Worth 31 Crores for Lectern Supply Richa Info Systems Limited has secured a significant order in the normal course of business to supply Electronic Lecterns, receiving the contract on June 8, 2026. The order is from MARVAL ENTERPRISE and involves the supply, delivery, and assembly of Electronic Lecterns.The contract awards Richa Info Systems a total consideration amounting to 31,44,36,120.00 (Rupees One Crore Forty-Four Lakh Thirty- Six Thousand One Hundred Twenty Only), inclusive of taxes. This order has been secured from a domestic entity.Key details regarding the supply contract are as follows:ParticularsDetailsOrder Entity NameMARVAL ENTERPRISENature of...

Open Offer Announced for Accord Synergy Limited: Acquirer Seeks Shares at ₹42.35 A proposed open offer has been announced for Accord Synergy Limited, through Dr. Farukbhai Gulambhai Patel and Mr. Muinulhaque Iqbalhusen Kadva, who are acting in concert. The offer targets a portion of the company’s equity shares from public shareholders.The transaction involves an acquisition of up to 9,72,500 fully paid-up equity shares of Accord Synergy Limited. These shares represent 25.12% of the emerging voting equity share capital of the target company. The face value of each offer share is ₹ 10, and the fixed price offered by the Acquirer for these shares stands at ₹ 42.35 per equity share.The proposed open offer was preceded by several public...

Promoter Shalin Sheth to Acquire 10 Lakh Shares of Advait Energy Transitions Limited from Spouse Advait Energy Transitions Limited has seen a proposed inter-se transfer of equity shares involving its promoter, Mr. Shalin Sheth. The transaction involves the acquisition of one million fully paid up equity shares (Equity shares) by Mr. Sheth from Mrs. Rejal Shalin Sheth, his immediate relative.The proposed acquisition pertains to 10,00,000 Equity shares of Advait Energy Transitions Limited, with each share valued at Rs 10/-. This transfer is planned for on or after June 15, 2026, and will be conducted as an off-market transaction pursuant to a gift agreement.The details concerning the acquisition, which involves the Promoter acquiring...

Director Resigns from Wardwizard Healthcare Ltd Due to Commitments and Engagements Wardwizard Healthcare Ltd announced the resignation of Mr. Miteshkumar Ghanshyambhai Rana, a Non-Executive Independent Director. The transition is effective starting June 30, 2026, after the close of business hours.Mr. Rana submitted his resignation citing personal commitments and increased professional engagements, stating that he would be unable to devote adequate time to his role moving forward. He confirmed that there were no other material reasons for his resignation beyond those mentioned in his formal letter.The company noted that Mr. Rana will also cease his membership of the Audit Committee and his role as Chairperson of the Nomination and...

SEBI Orders Asset Attachment Against K. Vijaya Rama Raju over ₹10 Lakh Recovery Dues from Ranklin Solutions The Securities and Exchange Board of India (SEBI) has taken decisive action against K. Vijaya Rama Raju, issuing a formal Notice of Attachment concerning his financial holdings. The order pertains to recovery dues related to Ranklin Solutions Limited and mandates the freezing of his bank accounts and securities portfolios.This significant regulatory move signals SEBI's commitment to debt recovery processes within the market ecosystem. The attachment proceedings target both banking institutions and depository services, ensuring comprehensive collection of the outstanding amounts.Breakdown of Recovery Dues The total amount...

Munish Forge Limited Board Approves Investment in Proposed Defence Sector Subsidiary Munish Forge Limited (MFL) has announced that its Board of Directors has approved an investment into a company yet to be incorporated. This proposed entity is set up as a subsidiary and will focus operations on the Parts for Defence sector.The transaction, which involves capital infusion, is structured at arm's length, according to the company. The target entity is named Munish Defence Solutions Limited, and it belongs to the Defence Sector.Munish Forge Limited intends the proposed subsidiary to carry out business in the field of Parts for Defence. As the founders will hold a stake in the new venture, the subsidiary Company will be part of a Related...

Vaneet Kumar Appointed Chief - Batteries and Executive Director at PCBL Chemical Limited PCBL Chemical Limited has appointed Mr. Vaneet Kumar as Chief - Batteries and Executive Director, effective June 9, 2026. The appointment comes as part of strengthening the company's leadership in advanced energy storage solutions.Mr. Kumar possesses over two decades of valuable industry experience spanning the automotive sector, energy storage technologies, and leading innovation in battery technology. His extensive professional history includes tenures at organizations such as SVOLT Energy Technology, ACME Cleantech Solution Pvt. Ltd, and Great Wall Motors Pvt. Ltd. Prior to this role, he served as SVP&CTO - Battery with Adani New Industries...

Teamtech Formwork Solutions Limited Secures Significant Order for Supply of Formwork Teamtech Formwork Solutions Limited has secured a substantial order related to the supply of formwork. The contract was awarded by Lloyds and is expected to be executed within the specified timeline, representing an ordinary course of business for the company.The significant contract details were confirmed, indicating that the agreement involves supplying specialized formwork materials. The terms stipulate execution must be completed within 45 days from the issuance of the Purchase Order (PO).Key parameters of the order are as follows:ParticularsDetailsName of entity awarding the orderLloydsNature of order/contractSupply of formwork...

Sundaram Finance Reports Exercise of Stock Options Under Employee Scheme Sundaram Finance Limited has reported the exercise of stock options granted under its Employee Stock Option Scheme. The transaction pertains to Grant 15 and relates to employees who held options granted in 2023.The company confirmed that the options, which were issued during the Sundaram Finance Employee Stock Option Scheme - 2008 (SFESOS), have been exercised as of June 9, 2026. This exercise involved a specified number of option holders and relates to the stock grant dating back to May 26, 2023.The details of the ESOP exercise are as follows:GrantValueNumber of Options Exercised71Date of Grant26.05.2023Exercise DateJune 9, 2026No. of Option...

Gulshan Polyols Ltd Discusses Financial Results and Company Developments in Media Interaction with NDTV Profit Gulshan Polyols Limited participated in a media interaction on June 09, 2026, to discuss the company's latest financial results and recent developments, as reported by NDTV profit.The interaction featured Ms. Aditi Pasari, Joint Managing Director of Gulshan Polyols Limited. During the program, the company reviewed its latest performance figures and discussed key updates pertaining to its operations.Details regarding the media engagement, which covered the company's financial status and recent corporate activities, are available for reference on the company’s website.GULPOLY Stock Price Movement Gulshan Polyols Limited...

Quadrant Televentures Ltd. Schedules Eleventh Committee of Creditors Meeting in IBC Process Quadrant Televentures Limited has scheduled its Eleventh meeting of the Committee of Creditors (CoC) regarding its Corporate Insolvency Resolution Process (CIRP). The meeting is slated to take place on Thursday, June 11, 2026.The gathering of the Committee of Creditors follows the order passed by the National Company Law Tribunal (NCLT), which admitted Quadrant Televentures Limited to the CIRP on September 2, 2025, pursuant to Section 7 of the Insolvency and Bankruptcy Code, 2016.The meeting is an update within the ongoing insolvency process for the company.Stock Price Movement Quadrant Televentures Ltd. settled at ₹0.36 today, showing no...

Team India Guaranty Reports Failure of 4A Financial Technologies Acquisition and Appoints Legal Counsel Team India Guaranty Ltd., formerly Times Guaranty Limited, has announced a significant update regarding its acquisition plans for 4A Financial Technologies Private Limited. The company confirmed that the transaction contemplated under the Share Purchase Agreement dated August 13, 2025, has failed and is incapable of proceeding as originally planned.The Board of Directors of Team India Guaranty Ltd. noted the status of the agreement, which relates to the proposed acquisition of 100% equity share capital of 4A Financial Technologies Private Limited. This follows earlier communications from the company dated August 13, 2025, and March...

Marine Electricals Reduces Stake in MEL Shipyard Private Limited Following Divestment Marine Electricals (India) Limited has completed the divestment of a significant stake in its subsidiary, MEL Shipyard Private Limited. The transaction has resulted in the company reducing its shareholding in the entity, changing the nature of their business relationship with the shipyard.MEL Shipyard Private Limited was previously a wholly owned subsidiary of Marine Electricals (India) Limited. The completion of the sale means that the company's status regarding the shipyard has shifted significantly, effective from June 9, 2026.The divestment involved Marine Electricals reducing its stake in MEL Shipyard Private Limited following an earlier...

Mrs. Meenakshi Shrikant Mulmule Appointed as CFO of SP Refractories Limited; Ms. Shweta Prabodh Kale Resigns SP Refractories Limited has announced a change in its leadership structure, appointing Mrs. Meenakshi Shrikant Mulmule as the new Chief Financial Officer (CFO). The company also confirmed the resignation of Ms. Shweta Prabodh Kale from her position as CFO and Key Managerial Personnel (KMP).The appointment of Mrs. Meenakshi Shrikant Mulmule is effective from June 10, 2026. She holds a Master's Degree in Commerce from Rashtrasant Tukadoji Maharaj Nagpur University. Mrs. Mulmule possesses extensive experience across the manufacturing and trading of refractory materials and products, specializing in business operations, commercial...

Sarla Performance Fibers Ltd Extinguishes 40 Lakh Equity Shares Following Successful Buyback Tender Offer Sarla Performance Fibers Limited announced the extinguishment of 40,00,000 fully paid-up equity shares following a successful buyback tender offer. The action reflects a material change in the company’s capital structure, reducing the issued and subscribed capital base as of June 9, 2026.The company completed the extinguishment of these shares, which were held in dematerialized form, reporting that all transactions complied with regulations governing share buybacks. The details surrounding the shares bought back include:Shares Extinguished: 40,00,000 Equity Shares Face Value per Share: ₹1/- Aggregate Amount (Not Exceeding)...