Markets

Canarys Automations Secures Major Contract from GNIDA for Storm Water Management Programme Phase A Canarys Automations Limited has been awarded a significant contract by the Greater Noida Industrial Development Authority (GNIDA) to manage its comprehensive Storm Water Management Programme (Phase A). The engagement, which is valued at ₹9,84,88,645, involves providing consulting and Digital Twin-based components aimed at tackling urban waterlogging and flooding issues across key industrial zones in Greater Noida.The contract outlines a detailed plan for GNIDA’s management needs, focusing on creating a long-term roadmap to overcome the challenges posed by rapid urbanization. The total duration for this phase of the engagement is set at...

CSL Finance Reports Strong Quarterly Growth, Enhances AUM, Secures Funding via NCDsCSL Finance Limited has released its quarterly update for the quarter ended June 30, 2026, highlighting robust growth in Assets Under Management (AUM) and significant capital strengthening through fresh sanctions and the issuance of Non-Convertible Debentures (NCDs).The company reported a year over year increase in AUM, reaching approximately INR 1510 crore as at June 2026. This figure includes an additional amount (DA) of INR 34 crore, marking growth from INR 1310 crore (including DA of INR 50 crore) recorded during the quarter ended June 2025.In terms of funding and financing strategy, CSL Finance secured a fresh sanction of ₹50 crore from an...

Regulatory Buffer: RBI Grants Three-Month Extension for Samarth Sahakari Bank Ltd., Solapur The Reserve Bank of India (RBI) has issued a significant extension concerning operational compliance requirements for the Samarth Sahakari Bank Ltd. in Solapur, Maharashtra. The directive relates specifically to certain operational directions issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949.The RBI's communication, dated July 1, 2026, extends the compliance period for the bank by three months. This extension provides additional time for the institution to meet specific regulatory obligations under the relevant sections of the Act.Extension Details and Regulatory Directives The original Directions were issued...

RBI's Financial Stability Report Confirms Domestic Resilience Amid Global Instability and Elevated Market Risks The Reserve Bank of India (RBI) has released its June 2026 edition of the Financial Stability Report (FSR). The report provides a comprehensive assessment from the Sub-Committee of the Financial Stability and Development Council (FSDC), examining the resilience of India's financial system against current domestic and global risks.While the global financial landscape has faced initial volatility following the West Asia conflict, the FSR highlights that the Indian economy is in a robust position compared to many international peers. The findings indicate that the balance of risks has turned favorable in the country.Domestic...

Satchmo Holdings Ltd Reappoints Key Directors and Approves Related Party TransactionsSatchmo Holdings Ltd confirmed several significant appointments and operational approvals during its 22nd Annual General Meeting held on June 30, 2026. The company re-appointed Mr. L. S. Vaidyanathan as a Whole Time Director, while Mr. Ramesh Karur Raghavendran retired by rotation from his position as Chief Financial Officer and Executive Director Finance. The meeting also approved various corporate actions, including the framework for investments and Material Related Party Transactions (RPTs) for the financial year 2026-27.Mr. L. S. Vaidyanathan was re-appointed as a Whole Time Director designated as Executive Director - Business Development. His...

Manaksia Coated Metals Completes Equity Allotment from Promoters After Warrant Conversion Manaksia Coated Metals & Industries Ltd has finalized an equity share allotment following the conversion of warrants, significantly increasing its issued and paid-up capital. The transaction was completed on June 30, 2026, involving preferential allocation to members of the Promoter Group.The company allotted a total of 8,00,000 equity shares to two promoters—Karan Agrawal and Tushar Agrawal—who are part of the 'Promoters/Promoter Group Category'. These shares were issued at an issue price of Rs. 65/- each, reflecting a premium of Rs. 64/- per share, consequent upon the conversion of 8,00,000 Warrants that were originally issued at Rs. 65/- each...

Sabar Flex India Limited Appoints SCS AND CO. LLP as Secretarial Auditor for FY 2025-26 Sabar Flex India Limited has appointed M/s. SCS AND CO. LLP as the Secretarial Auditor of the company for the Financial Year 2025-26. This decision was approved by the Board of Directors during a meeting held on June 30, 2026.The appointment targets the requirement set forth by Section 204 of the Companies Act, 2013, and Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. M/s. SCS AND CO. LLP will serve as the Secretarial Auditor for the stipulated financial year.Key details regarding the appointment and the auditing firm are provided below:ParticularsDetailsAuditing FirmM/s. SCS AND CO. LLP (LLPIN...

Skipper Ltd Clarifies Stock Price Movement, Stating No Withheld Material Information Skipper Ltd has issued a statement addressing current movements in its stock price and volume, confirming that the company holds no material information or pending announcements that could influence its scrip's market behavior.The company confirmed that it has consistently provided all necessary disclosures regarding material events and information relevant to its scrip. Management stated there is presently no further announcement or information awaiting disclosure that would bear on the price or volume trends of Skipper Ltd stock.Skipper Ltd reiterated that the increase observed in the price and volume of the company's scrip is purely market...

Natco Pharma Limited Announces Superannuation of Vice President - Operations ExecutiveNatco Pharma Limited has announced that Nadella Malleswara Rao, who held the position of Vice President - Operations in the Pharma Division, has superannuated with effect from the closure of business hours on June 30, 2026.The executive's departure marks a change within the senior management structure of the company. Mr. Nadella Malleswara Rao was noted as holding the role of Vice President - Operations in the Pharma Division at Kothur.Key details regarding the superannuation are summarized below:ParticularsDetailsNameNadella Malleswara RaoReason for Change in Senior ManagementSuperannuation as Vice President - Operations, Pharma...

LTM Ltd Announces Board Meeting to Discuss Q1 Financial Results LTM Ltd has scheduled a meeting of its Board of Directors to review the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company also announced that an Earnings Conference Call will be held on the same day.The Board Meeting is set for Saturday, July 11, 2026. During the meeting, directors are expected to consider and approve the unaudited standalone and consolidated financial results, along with the Limited Review Report(s) of the Statutory Auditor pertaining to the quarter.Further details regarding the Earnings Conference Call are yet to be submitted.In addition to the corporate announcements, LTM Ltd confirmed that...

Avance Technologies Ltd Approves Key Board Changes: Santosh Hambare Appointed Managing Director and CFO Avance Technologies Ltd announced significant changes to its board structure following a meeting held on June 30, 2026. The company approved several key appointments and designation changes aimed at strengthening governance and operational capacity.Among the decisions taken were the change in designation for Mr. Latesh Poojary. Mr. Poojary, who previously held the role of Managing Director, was designated as a NonExecutive Director of the company.New Appointments Detail Board Strengthening Efforts The board meeting saw the appointment of Mr. Santosh Hambare (DIN: 11523270) to two crucial roles: Managing Director and Chief...

AG Universal Permanently Closes Manufacturing Unit Due to Persistent Industrial Gas Supply Disruption A G Universal Limited has announced the permanent closure of its manufacturing unit located in Jhajjar, Haryana, effective June 30, 2026. The decision follows a board evaluation that determined that the supply disruption of industrial gas required for production is likely to persist, rendering the resumption of operations commercially and operationally unviable at present.The closure concerns only part of the company's operations pertaining to the Jhajjar manufacturing unit. The Company had previously disclosed on May 16, 2026, that the unit’s operations were temporarily suspended due to the lack or disruption in industrial gas...

Smiths & Founders Ltd Board Approves Key Resolutions, Plans Restructuring Clause Alteration Smiths & Founders (India) Ltd announced that its Board of Directors approved several material resolutions during a meeting held on June 29, 2026. The decisions cover the continuation of Mr. Suresh Shastry's tenure and the alteration of the company’s Memorandum of Association.A key resolution passed by the Board concerned the continuation of Mr. Suresh Shastry as Chairman and Managing Director upon reaching the age of seventy years. This continuation is subject to shareholder approval at the ensuing Annual General Meeting (AGM).Furthermore, the Board approved an alteration to the Object Clause of the Memorandum of Association. The change...

Nexus Select Trust Demonstrates Commitment in Sustainability with FY2025-26 Business Responsibility Report Nexus Select Trust, a Real Estate Investment Trust (REIT) operating across multiple cities in India, has published its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report details the entity's operational scope, environmental stewardship initiatives, and social impact achievements.The company, which is listed on both the BSE and the National Stock Exchange of India Limited (NSE), reports a total unit capital of INR 1,515 Crores as of March 31, 2026. The consolidated reporting boundary encompasses operations across 19 malls, three offices, and three hotels.Environmental Stewardship...

Rbm Infracon Limited Appoints SCS AND CO. LLP as Secretarial Auditor for Financial Year 2025-26 Rbm Infracon Limited has appointed M/s. SCS AND CO. LLP, a practicing company secretary firm based in Ahmedabad, as its Secretarial Auditor for the financial year 2025-26.The appointment of M/s. SCS AND CO. LLP (LLPIN: AAV-1091) was decided by the company’s Board of Directors following a meeting held on Tuesday, June 30, 2026.M/s. SCS AND CO. LLP is an Ahmedabad based firm comprising experienced Practicing Company Secretaries. The partnership includes Mr. Abhishek Chhajed (Mem No.: FCS 11334 and COP No.: 15131), who possesses over 11 years of professional experience in the field.The firm has extensive areas of practice, which include...

Zensar Technologies Ltd Recommends 630% Final Dividend; Sets AGM and Record Date Zensar Technologies Ltd has announced that its Board of Directors recommends a significant final dividend for the financial year ended March 31, 2026. The company has also set the record date for this distribution and scheduled the subsequent Annual General Meeting (AGM).The Board of Directors, during a meeting held on April 24, 2026, recommended a final dividend of Rs. 12.60 per equity share. This recommendation is based on an equity share face value of Rs. 2 and is subject to approval by the members at the forthcoming 63rd Annual General Meeting.The company has fixed Friday, July 17, 2026, as the record date for the dividend payment. The recommended...

Promoter Offers Sale of Shares in Indian Railway Finance Corporation Ltd through Stock Exchange Mechanism The President of India, acting through the Ministry of Railways, Government of India, has initiated an Offer for Sale (OFS) of equity shares in Indian Railway Finance Corporation Limited. This sale is being conducted through the stock exchange mechanism, with a portion of the offering reserved for retail investors and employees.The Promoter intends to sell up to 13,06,85,060 Equity Shares of the Company. These shares represent 1% of the total paid-up equity share capital of Indian Railway Finance Corporation Limited.Offer Details and Timeline The sale is structured across multiple days for different investor groups. The offer...

Sammaan Capital Limited Pays Interest Accruals on Secured Redeemable Non-Convertible Debentures Sammaan Capital Limited has completed the payment of interest amounts concerning its Secured Redeemable Non-Convertible Debentures (NRCDs) issued through a public issue and listed on the stock exchanges. The company provided detailed records confirming these payments across various debenture series.The details covering the payments, frequencies, and corresponding dates are set out below:Sr. NoISINIssue Size (INR lacs)Interest Amount (INR lacs)FrequencyDue DateActual Payment DateLast Payment Date1INE148I07XR56004.15232Monthly01/07/202629/06/202601/06/20262INE148I07XG82545.6818.09847Monthly01/07/202629/06/202601/06/2026...

Cords Cable Industries Recommends Dividend and Issues Tax Deduction At Source Guidelines for Shareholders The Board of Directors of Cords Cable Industries Limited has recommended a dividend for its shareholders, along with detailed guidance concerning the applicable Tax Deduction at Source (TDS) on the payment. The recommendation was made during a board meeting held on Thursday, May 28, 2026.The Company recommended a dividend of Rs. 1.20/- per equity share, which represents 12% of the face value. This dividend is associated with the Financial Year ended March 31, 2026, and is subject to formal approval by the Members of the Company at the ensuing Annual General Meeting.TDS Requirements on Dividend Payout In line with the provisions...

Open Offer Details: Jitesh Kothari and Atul Jaiswal Announce Acquisition of 25.57% Stake in Arco Leasing Ltd Mr. Jitesh Kothari (Acquirer 1) and Mr. Atul Ramshankar Jaiswal (Acquirer 2) have announced an Open Offer for the acquisition of Equity Shares in Arco Leasing Limited (the Target Company). The offer aims to acquire up to 27,74,970 shares, representing 25.57% of the Expanded Voting Share Capital of the company, at a fixed offer price of ₹10.00 per share, payable in cash.The Open Offer allows public shareholders to tender their Equity Shares during the Tendering Period. Assuming full acceptance, the total maximum consideration for these shares is set at ₹2,77,49,700.00.Key Details of the Public Share Acquisition The offer...