Markets

Deccan Polypacks Ltd: Mrs. Datla Sakuntala Cessates as CFO and is Appointed Chief Executive Officer Deccan Polypacks Limited has announced a key change in its leadership structure, effective June 29, 2026. Following a decision by the Board of Directors, Mrs. Datla Sakuntala has ceased holding the position of Chief Financial Officer (CFO) and concurrently been appointed as the Chief Executive Officer (CEO) of the company.The transition signifies a shift in responsibility for Mrs. Datla Sakuntala, who previously held the finance role within Deccan Polypacks Limited. The Board approved her appointment as CEO alongside noting and accepting the cessation of her duties as CFO, with both changes effective from June 29, 2026.Mrs. Datla...

Godavari Biorefineries Commences Corn/Grain-Based Distillery, Boosting Ethanol Production Capacity Godavari Biorefineries Limited has commenced operations of a corn/grain-based distillery at its Sameerwadi Unit. This operational step is set to enhance the company's ethanol production capabilities and introduce dual-feedstock capacity into their operations.The commencement date for the new distillery facility was June 29, 2026.Operational and Capacity Details The expansion provides a significant boost to Godavari Biorefineries' feedstock flexibility and overall manufacturing power. The company currently maintains an existing capacity of 600 KLPD based on sugarcane juice/syrup. The new addition adds another 200 KLPD to the...

Time Technoplast Ltd Repays Maturity Amount of Commercial Paper Time Technoplast Ltd has completed the timely repayment of a portion of its commercial paper maturity amount. The company confirmed that the payment was made in full against the maturing instruments.The repayment pertains to commercial papers originally due for maturity on June 29, 2026.Details regarding the repaid commercial paper are provided below:Scrip CodeISIN NoMaturity DateDate of Repayment730870INE508G141F629-06-202629-06-2026The transaction confirms the full settlement of the maturity amount for this specific commercial paper instrument.TIMETECHNO Stock Price Movement Shares of Time Technoplast Limited shed 0.95% in trading today, concluding the...

Bil Vyapar Ltd to Hold Fifteenth Committee of Creditors Meeting on June 29, 2026 Bil Vyapar Ltd, which operates under the Corporate Insolvency Resolution Process (CIRP), has scheduled its fifteenth meeting of the Committee of Creditors. The meeting is set for Monday, June 29, 2026.The company, formerly known as Binani Industries Limited, will conduct this crucial gathering regarding its CIRP proceedings.BILVYAPAR Stock Price Movement Today, BIL VYAPAR LIMITED shares shed value, closing down 3.74% at ₹4.12 in post-market trading. The stock traded in a tight intraday range, hitting a low of ₹4.08 and a high of ₹4.35.

Sahara Maritime Ltd clarifies share price movement in response to Stock Exchange query Sahara Maritime Limited has issued a clarification regarding the recent movements in its scrip, stating that there is no undisclosed price-sensitive information or impending announcement requiring disclosure to the Stock Exchange.The company addressed queries from BSE Limited concerning fluctuations in its share price. Sahara Maritime confirmed that it maintains continuous compliance with all relevant regulations and has consistently and promptly informed the exchange about any events or information pertaining to its operations or performance, including price sensitive matters.The management clarified that the recent movement observed in the...

Giriraj Civil Developers Appoints Ms. Devyani Dubey as Company Secretary and Compliance OfficerGiriraj Civil Developers Limited has appointed Ms. Devyani Dubey as the new Company Secretary and Compliance Officer. The decision was formalized by the Board of Directors, with the appointment taking effect from June 29, 2026.The board action included noting the consent received from Ms. Dubey for the role. She has been designated to oversee the company's secretarial and compliance functions.Ms. Devyani Dubey is a qualified Company Secretary and an Associate member of the Institute of Company Secretaries of India (ICSI), holding Membership Number A-80385. Furthermore, she possesses a Graduate of Commerce degree and is currently pursuing...

Jindal Photo Ltd Launches Voluntary Delisting Offer; Acquirers Target 25.8% of Public Shares Jindal Photo Limited is undertaking a voluntary delisting proposal following an Initial Public Announcement (IPA) dated June 29, 2026. The initiative involves the acquisition of public equity shares by a group comprising two acquiring companies and Jindal India Power Limited.The delisting offer aims to acquire 26,46,183 fully paid-up equity shares, representing 25.80% of the paid-up equity share capital, from the public shareholders of the company. Following the successful acquisition, the company plans to voluntarily delist its shares from both BSE and National Stock Exchange of India Limited (NSE).The acquiring entities in this proposal...

Juniper Hotels Limited updates Key Managerial Personnel following CFO resignation Juniper Hotels Limited has announced a change in its structure of Key Managerial Personnel (KMP) subsequent to the resignation of Mr. Tarun Jaitly, Chief Financial Officer. The changes are effective from the closure of business hours on Wednesday, July 15, 2026.The restructuring of the company's KMP details has been formalized to ensure proper designation and contact availability for determining the materiality of any event or information.Under the updated Key Managerial Personnel structure, Juniper Hotels Limited has appointed new individuals for crucial management roles.Key managerial personnel at Juniper Hotels Limited are as follows...

BTS' Suga Allegedly Struck SpaceX Gold Before Record IPO Amid Trillion Dollar Valuation Surge SpaceX’s monumental Nasdaq debut on June 12 has drawn intense scrutiny, particularly regarding early investment moves. Reports have surfaced alleging that BTS member Suga secured a valuable stake in the aerospace firm years before its blockbuster stock market listing. This potential investment highlights both celebrity involvement and the staggering growth trajectory of innovative tech companies.The Pre-IPO Investment Allegation A report from South Korean outlet Edaily suggests that Suga invested in SpaceX prior to the company’s public debut. The reported transaction was conducted through Link Asset Partners, a venture capital firm holding...

SEBI Issues ₹6.37 Lakh Demand Notice Over Trading Activities in DU Digital Global Stock SEBI Targets Individual in Regulatory Action Regarding DU Digital Technologies Scrip Securities and Exchange Board of India (SEBI) has issued a formal Notice of Demand against Madhu Kumari Bairwa, concerning the trading activities involving the scrip of DU Digital Technologies Limited (now DU Digital Global Limited). The regulatory action was formalized via Certificate No. 9178 of 2026 and dated June 29, 2026.The notice mandates a specific payment structure to SEBI, outlining financial penalties related to the individual's transactions in the company's stock. This step represents a significant regulatory enforcement action under Section 28A of the...

Netweb Tech Shares Plunge as Stock Falls by 11% Ahead of Major Fund Raise Consideration Netweb Technologies India Ltd saw a sharp decline in its stock price on June 29. The artificial intelligence-related company experienced one of its biggest single-day falls since January 2025, closing 9.3% lower at Rs 4,482 apiece. This significant movement occurred after the company announced plans to seek capital through an upcoming board meeting.Stock Slip Driven by Capital Raise Proposal The drop in shares reflected investor reaction to the impending corporate decision. Netweb Tech revealed that its board will convene on July 1. The primary agenda item for this meeting is evaluating and, if approved, authorizing one or more potential...

ICRA Reaffirms Ratings for Thangamayil Jewellery Ltd Fixed Deposits and Working Capital Limits Thangamayil Jewellery Limited (TMJL) has received credit ratings from ICRA Limited concerning various financial instruments, including its Fixed Deposit Programme and working capital limits. The assignments include reaffirmations for existing limits and newly assigned ratings for expanded facilities, according to the data released by the company.The ratings cover both long-term and short-term instruments, spanning funding programs and bank limits across several key financial institutions.Instrument TypeSize of Issue (Rs. In Crores)Rating Assigned along with OutlookRating ActionFixed Deposit Programme95.00[ICRA]A+(Stable)Reaffirmed...

Rolex Rings Limited Sets Record Date for Equity Buyback Offering Rolex Rings Limited has announced that Friday, July 03, 2026, will serve as the record date for its proposed buyback of equity shares. The decision comes after the company's Board of Directors and shareholders approved the initiative through a dedicated Buyback Committee meeting held on June 03, 2026.The buyback proposal involves purchasing up to ten million fully paid-up Equity shares of the company. Each share has a face value of Re. 1/- (Indian Rupee One only). The acquisition will be conducted via a tender offer process.According to the details released, the buyback is proposed for an aggregate amount not exceeding Rs. 1,800 million (Indian Rupees One Thousand...

SEBI Slams ₹5 Lakh Demand on Amit Kumar Agarwal HUF over Illiquid Stock Options Trading Failure The Securities and Exchange Board of India (SEBI) has issued a formal Notice of Demand dated June 29, 2026, targeting Amit Kumar Agarwal HUF regarding matters related to dealing in illiquid stock options on the BSE. The notice specifies a significant financial demand, outlining detailed penalties, interest charges, and recovery costs pertaining to the entity’s trading activities.The action is taken under Certificate No. 9174 of 2026, drawing upon provisions of Section 28A of the Securities and Exchange Board of India Act, 1992, read with Section 222 of the Income Tax Act, 1961. The total demanded amount stands at ₹ 5,31,000.00, which must...

Viji Finance Limited Introduces New ISIN for Allotted Share Warrants Viji Finance Limited has announced that the share warrants, which were previously allotted on a preferential basis, will now be available under a new International Securities Identification Number (ISIN). The company released this intimation on June 29, 2026.The allotment pertains to 8,85,00,000 share warrants that have been given to non-promoters and other persons. These warrants are convertible into equivalent equity shares of Viji Finance Limited.In line with the update regarding these security instruments, the company confirmed that the aforesaid Warrants Convertible into Equity Shares will be available under the new ISIN 'INE159N13014'.VIJIFIN Stock Price...

India's Industrial Production Surges 5.1% as MoSPI Replaces WPI with Output PPI General Outlook and Key Highlights of May 2026 IIP The All India Index of Industrial Production (IIP) recorded a robust year-on-year growth of 5.1 percent in May 2026. This strong performance was significantly supported by the manufacturing sector, which grew by 5.5 percent, and the electricity & gas supply sector, posting an impressive surge of 9.9 percent. These results indicate sustained industrial activity across multiple key sectors in India.The Quick Estimates for IIP stand at 122.7, showing continued expansion compared to May 2025 (116.7). The indices for Electricity & Gas Supply and Water Supply, Sewerage & Waste Management stood at 129.6 and...

Bajaj Auto Launches Buyback Offer of Up To 46 Lakh Shares at INR 12,000 per Share Bajaj Auto Limited has announced a significant buyback offer for its equity shareholders, proposing to repurchase up to 46 lakh shares through a tender offer route. The company offered the shares at a fixed price of INR 12,000/- per Equity Share, representing up to 1.68% of the total paid-up equity share capital as of March 31, 2026.The buyback is part of the company’s financial strategy aimed at enhancing shareholder returns by returning surplus cash efficiently, reinforcing Bajaj Auto's commitment to its shareholders. The offer allows Eligible Shareholders to participate on a proportionate basis, with all proceeds being paid in cash, for an aggregate...

Premium Pricing Sparks Jitters as Persistent’s Mega-Acquisition of Nagarro Heralds New Era of IT Consolidation The global technology services landscape is undergoing rapid consolidation, with mid-tier firms accelerating mergers and acquisitions (M&A) to acquire AI capabilities and expand their regional networks. Persistent Systems' decision to acquire Nagarro marks one of the largest IT deals in recent memory, but it has simultaneously highlighted intense market scrutiny over expensive dealmaking and execution risk.The transaction involves a price tag of €1.27 billion, positioning the acquisition as a massive move during a period when Indian IT firms are scrambling to scale their AI engineering expertise. This move follows similar...

Jio BlackRock Launches Prism Hybrid Long-Short Fund: Blending Derivatives and Fixed Income to Capture Niche Market Alpha Jio BlackRock Asset Management has unveiled its maiden Specialised Investment Fund (SIF), the Prism Hybrid Long-Short Fund. This launch signifies a strategic move by the asset manager to expand its product suite and capitalize on the growing investor appetite for sophisticated alternative investment strategies in India.The fund is scheduled to open for subscription from June 29 to July 13. It offers investors exposure to a blend of equities, fixed income instruments, and various derivative-based techniques. The minimum investment required for this SIF is set at Rs 10 lakh, with the fund offering twice-weekly...

Michelin-Starred Chef Vikas Khanna Invests in Kolkata Chai, Pushing South Asian Food into American Mainstream A strategic partnership is set to redefine the future of South Asian cuisine in America as Bungalow Hospitality Investments backs Kolkata Chai Co. The investment highlights a significant movement toward mainstream acceptance and elevated culinary standards for Indian food and beverage across the United States.Kolkata Chai Co., founded by siblings Ani and Ayan Sanyal in 2019, has focused on introducing authentic Indian chai to millions of Americans. The brand operates café locations throughout New York City while also distributing its full line of chai blends and concentrates through national retail channels.What Does This...