Markets

AI Tech Rout Plunges Indian Stocks: Netweb Technologies and Peers Fall as Global Markets Pivot Amid Valuation Fears Shares of several technology and data centre companies experienced significant pressure on Monday, reflecting a sharp global sell-off in tech stocks. The weakness was concentrated in AI-linked plays, amid rising investor concerns over valuations across the sector globally.Among the notable decliners, Netweb Technologies plunged 7.37 percent, falling to Rs 4,322.10 and becoming one of the worst-performing AI-related stocks on the day. E2E Networks declined by 4.99 percent, trading at Rs 430.30, while Anant Raj shed 2.89 percent, settling at Rs 553.60. Black Box also traded lower, falling 2.65 percent to reach Rs 1,044.50...

Hindustan Zinc Reports Record FY26 Performance and Secures Key Certifications Hindustan Zinc Limited reported robust performance for Fiscal Year 2026, achieving new highs across key operational metrics while securing critical international sustainability certifications. The company also announced strategic moves to strengthen India's mineral ecosystem through resource acquisitions and manufacturing partnerships.The mining giant’s financial results show significant growth, supported by advancements in its operations and commitment to responsible sourcing.Operational and Financial Highlights for FY26 Hindustan Zinc saw marked increases in production and profitability during the fiscal year, demonstrating a sustained drive toward...

Nisha Chandresh Saraswat Acquires Shares in Yug Decor Ltd, Boosting Promoter Group Holding Nisha Chandresh Saraswat, acting as a buyer under the Promoter Group category, has completed an open market acquisition of shares in Yug Decor Limited. The transaction was executed on June 5, 2026, involving the purchase of equity shares in the company.The acquisition involved Nisha Chandresh Saraswat acquiring 25,875 shares of face value Rs. 10 each from Yug Decor Limited. This open market purchase represented 0.16% of the total issued and paid up equity share capital of the Company.Before this transaction, the Buyer held 12,40,187 shares, representing a holding of 7.66%. Following the acquisition, Nisha Chandresh Saraswat’s total holding...

DCB Bank Allots 24,000 Equity Shares Under ESOP; Paid-Up Capital Increases DCB Bank Ltd announced the allotment of equity shares to employees under its Employee Stock Option Plan (ESOP) on June 8, 2026. The allotment involved 24,000 equity shares, each with a face value of Rs.10/-.The ESOP allotment has resulted in an increase in the issued and paid-up share capital of the Bank. Prior to the transaction, the Bank's share capital stood at 322,053,427 equity shares of Rs.10/- each. Following the allotment, the total equity shares of DCB Bank Ltd increased to 322,077,427 equity shares of Rs.10/- each.The transaction details are as follows:MetricValueCompanyDCB Bank LtdEventESOP Equity Share AllotmentDateJune 08, 2026New...

Viyash Scientific Acquires Italy's BioForLife to Boost European Companion Animal Health Presence Viyash Scientific Limited, through its subsidiary Alivira Animal Health Limited, has agreed to acquire 100% of the stake in BioForLife Italia S.r.l., a leading pet care company based in Milan, Italy. The acquisition is structured as a cash consideration deal valued at approximately ₹ 188 crore and is expected to be finalized during Q2 FY27.The transaction marks a significant strategic move for Viyash Scientific, aiming to capitalize on the rapidly growing Companion Animal Health Generics market. This move specifically expands Alivira's global presence in companion animal health and strengthens its standing within Europe's pet care sector...

Promoter Sells 200,000 Shares of Siyaram Silk Mills Ltd in Open Market Transaction Abhishek S. Poddar, identified as a Promoter, has completed the sale of equity shares of Siyaram Silk Mills Limited through an open market transaction. The disposal of shares by Mr. Poddar took place on June 5, 2026.The company's capital structure and shareholding details prior to the sale were noted in the filings. Abhishek S. Poddar held a total of 200,077 equity shares carrying voting rights, representing 0.44% of the total voting capital before the disposal.Mr. Poddar executed an Open Market Sale involving 200,000 shares carrying voting rights of Siyaram Silk Mills Limited. This transaction accounted for 0.44% of the company's total diluted...

DPP Enterprises LLP Acquires Shares of Siyaram Silk Mills Ltd. DPP Enterprises LLP has acquired shares in Siyaram Silk Mills Limited through an Open Market Acquisition, increasing its stake in the company. The acquisition was completed on June 5, 2026.DPP Enterprises LLP, identified as a Promoter of Siyaram Silk Mills Limited, increased its holding after purchasing 200,000 shares carrying voting rights. This transaction brought the acquirer's total stake in Siyaram Silk Mills Limited (the Target Company) to 645,408 shares, representing 1.42% of the total diluted share/voting capital.Acquisition Details Prior to the acquisition, DPP Enterprises LLP held 445,408 shares carrying voting rights in Siyaram Silk Mills Limited. The details...

Shriram Finance Ltd's Paid-up Capital Increases Following ESOP Share Allotment Shriram Finance Limited announced that its paid-up share capital has increased following the allotment of Equity Shares arising from the exercise of Fresh Stock Options under the SFL ESOS 2023 (No.1). The company’s ESOP Allotment Committee approved the issuance on June 8, 2026.The allotment involved 84,560 Equity Shares, each with a face value of Rs.2/-, fully paid-up. These shares were issued to 118 employees who exercised Fresh Stock Options under the SFL ESOS 2023 (No.1).This corporate action resulted in an increase in the company's paid-up share capital, which rose from Rs.470,56,61,136/- to Rs.470,58,30,256/-.Key details regarding the ESOP...

TCS Secures Multi-Million Euro AI Transformation Mandate from Canada Life Tata Consultancy Services (TCS) has secured a major multi-million euro technology transformation and managed services contract with Canada Life, one of the globe's leading life and pensions insurers. The agreement solidifies TCS’s role as a key digital partner, tasked with modernizing and managing Canada Life's entire IT infrastructure across its European business units.This strategic partnership places TCS at the forefront of the global trend toward AI-led modernization in the financial services sector. The mandate involves overhauling core infrastructure, end-user computing, data centers, and software lifecycle management for the insurer's Europe operations...

Silver, Gold ETF Prices Tank as US Fed Hikes Fear Dominates Market Selloff Precious metals exchange-traded funds (ETFs) witnessed a steep downturn on Monday, driven by heightened concerns over potential interest rate hikes by the US Federal Reserve. Global investor sentiment took a sharp dip, leading to significant selloff across both gold and silver ETFs. Silver ETFs faced particularly severe pressure, falling in the range of 6% to 7%.Global Precious Metals ETFs Plunge Amid Rate Hike Fears The volatility extended across major Indian listed commodities. Nippon India Silver ETF (SILVERBEES) dropped by 6.6 percent, reaching Rs 227.56. SBI Silver ETF saw a decline of 6.7 percent to Rs 232.80, while ICICI Prudential Silver ETF declined...

Promoter Acquires Shares in Neo Infracon Ltd, Increasing Holding to 6.19% Mr. Bhavik N. Mehta, acting as a person in concert with the acquirer, has acquired shares of Neo Infracon Limited (Neil) through the open market. The acquisition was completed on June 5, 2026, resulting in an increase in the promoter group's holding.The transaction saw Mr. Mehta acquire 780 voting rights shares of the company. This purchase contributed to the gradual increase in his stake in Neo Infracon Limited.Prior to the acquisition, the acquirer held 3,27,766 shares carrying voting rights, representing a 6.17% holding against the total share capital of the target company. The mode of this acquisition was the open market.Following the purchase, the...

Viyash Scientific Acquires 100% Stake in Italian Animal Health Firm BioForLife Italia Viyash Scientific Ltd has entered into a binding agreement for the acquisition of 100% shareholding in BioForLife Italia s.r.l., an established player in the animal health sector. The deal is designed to strengthen and scale the company’s presence within the companion animal segment in Italy through the acquired entity's existing platform, customer reach, and product capabilities.The acquisition targets BioForLife Italia s.r.l., based in Milan, Italy. The total consideration for the transaction amounts to EUR 16.975 million. This aggregate amount is structured with EUR 15.0 million payable upon closing, and a deferred consideration of EUR 1.975...

Promoter Group Member Sells 25,000 Shares of Lehar Footwears Ltd A promoter group member of Lehar Footwears Limited has sold a portion of their equity shares in the company through an off-market transaction.Latadevi Anilkumar Gadia, belonging to the promoter group of Lehar Footwears Limited, conducted the sale of 25,000 equity shares on June 05, 2026. The transaction was classified as an inter-se transfer among Promoter Group members.Prior to the disposal, Latadevi Anilkumar Gadia held 3,03,800 shares carrying voting rights, representing 1.72% of the company’s total share capital. Following the sale, the promoter group member's holding stood at 2,78,800 shares, which corresponds to 1.58% of the total voting capital.Details...

Acquirer Acquires 4.139% Stake in Evexia Lifecare Ltd through Open Market Purchase Kiran Kumar Jain, an acquirer, has acquired a stake in M/s.EVEXIALIFECARELIMITED. The acquisition involves the purchase of shares carrying voting rights, representing 4.139% of the total diluted share or voting capital of the target company.The transaction was completed on June 5, 2026. The acquisition mode was determined to be Open Market (Market Purchase).Kiran Kumar Jain acquired a total of 7,77,06,376 shares carrying voting rights that were acquired otherwise than by equity. This holding represents 4.139% of the diluted share/voting capital of M/s.EVEXIALIFECARELIMITED.Acquisition Summary The following table provides details regarding Kiran...

Asian Market Bets Heating Up? 5 Critical Risks and Fine Print Indian Investors Must Uncover Before Investing in Taiwan, Korea, Japan Stocks Indian investors are increasingly looking beyond domestic equity markets, exploring diversification opportunities across East Asia. Specifically, interest is rising in the stock markets of Japan, South Korea, and Taiwan. The RBI's Liberalised Remittance Scheme (LRS) allows resident Indians to invest in stocks listed in these Asian markets via international brokers or global investment platforms.While direct investing seems viable under LRS, there are significant financial and regulatory complexities that must be navigated. These complexities span currency risk, market access hurdles, tax...

Crystal Business System Ltd Appoints Qualified Professional as Company Secretary and Compliance Officer Crystal Business System Limited (formerly SADHNA BROADCAST LIMITED) has appointed Ms. Khushi Jain as the Company Secretary and Compliance Officer. The decision was made by the Board of Directors during a meeting held on Monday, June 08, 2026.The appointment formalizes the company's secretarial and compliance structure under the oversight of a qualified professional. Crystal Business System Ltd confirmed Ms. Jain as the Company Secretary and Compliance Officer effective from June 08, 2026.Ms. Khushi Jain is an Associate Member of the Institute of Company Secretaries of India (ICSI), holding membership number ACS 79892. She...

Brightcom Group Limited Announces Shareholder Conference Call for FY2025-26 Annual Results Brightcom Group Limited has announced a shareholder conference call scheduled for Sunday, June 14, 2026. The event is set to cover the company's financial performance for the financial year ended March 31, 2026, and provide an extensive business update and future outlook.The conference call aims to offer shareholders and investors a direct opportunity to hear management perspectives on the completed annual results. Discussions will encompass the company's overall business performance, operational developments, strategic initiatives, and available growth opportunities. The session is planned to include an interactive question-and-answer period...

Leading Leasing Sells Shares of Aqylon Nexus in Open Market Transaction Leading Leasing Finance and Investment Company Limited has completed a disposal of shares in Aqylon Nexus Limited. The transaction took place on 05-06-2026, with the sale executed through the open market.The company sold 23,13,000 shares of Aqylon Nexus Limited. This divestment reduced Leading Leasing’s stake in the target company.Prior to the disposal, Leading Leasing Finance and Investment Company Limited held 3,26,62,121 shares representing 12.87% of the total share capital of Aqylon Nexus Limited. Following the sale, the holding stood at 3,03,49,121 shares, which corresponds to a stake of 11.96%.Aqylon Nexus Limited is listed on both BSE Limited and...

Promoters of Minolta Finance Ltd Declare No Encumbrance on Shares for Financial Year 2025-26 Minolta Finance Ltd has confirmed that no encumbrance was created, directly or indirectly, on the shares held by its promoters during the financial year 2025-26. This declaration concerns Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.The declaration was submitted by Pramod Kumar Srivastva, on behalf of Sugam Commercial Private Limited, a promoter of Minolta Finance Ltd, for self and on behalf of the Promoter Group and Person Acting in Concert (PAC).The submission confirms that no encumbrance has been created directly or indirectly on the shares held by the promoters in the company during the...

Samvardhana Motherson International Ltd schedules Investor Meeting with Eternalis Capital Trust Samvardhana Motherson International Limited has announced a schedule for an Analyst/Institutional Investors Meeting. The company's management will be participating in the event organized by Eternalis Capital Trust.The investor meeting is scheduled to take place on Friday, June 12, 2026, in Mumbai. The session is designated as a One-on-One Investor Meeting and is set to run from 1400 Hours (IST) to 1500 Hours (IST).The details of the forthcoming meeting are as follows:Day and DatePlacePurposeType of meetingOrganized By/ Meeting WithFriday, June 12, 2026MumbaiInvestor MeetingOne-on-One MeetingEternalis Capital TrustThe company...