Markets

Icodex Publishing Solutions Ltd Issues Revised Statement on IPO Fund Utilization Details Icodex Publishing Solutions Limited has released a revised statement detailing the utilization of proceeds raised during its Initial Public Offer (IPO) for the half-year ended March 31, 2026. The revision was issued to correct a typo error present in the previously submitted document regarding the amounts utilized from the IPO funds.The company's public issue was successfully conducted on August 14, 2025, raising an amount totaling INR 42,03,21,600/-. This statement provides specific insights into how these raised funds were allocated across various planned objectives during the reporting period.A key focus of the revised report is a variation...

Chatterbox Technologies Reports Strong Growth in H2 & FY26, Reinforcing Leadership in India's Creator Economy Mumbai, 29 June 2026: Chatterbox Technologies Limited, an influencer marketing and creator ecosystem platform based in India, announced its audited financial results for the second half (H2) and full year (FY26), which ended March 31, 2026.The company noted that FY26 was a defining year marked by transitioning into a listed company while simultaneously scaling its creator ecosystem, strengthening brand relationships, and enhancing technology capabilities. Chatterbox continues to focus on building a scalable, technology-driven platform to capitalize on the rapidly evolving, performance-led influencer marketing landscape in...

Saumya Consultants Ltd Approves Voluntary Delisting of Equity Shares from Calcutta Stock ExchangeSaumya Consultants Ltd announced that its Board of Directors has approved the voluntary delisting of the company's equity shares from The Calcutta Stock Exchange Limited (CSE). This decision was formalized during a board meeting held on June 29, 2026.The move is designed to optimize administrative compliance costs and addresses the issue of negligible trading volume in the company’s stock.While delisting from CSE, the company clarified that its equity shares will remain listed on the BSE Limited, which operates nationwide trading terminals. Consequently, no exit option or offer needs to be provided to public shareholders, as investors...

ASI Industries Ltd Establishes Subsidiary to Explore TMT Steel Plant Opportunities ASI Industries Limited has expanded its business scope by incorporating a new subsidiary, ASI Steel and Energy Limited, dedicated to the Iron & Steel industry. This strategic move aims to tap into opportunities presented by the growing infrastructure sector and the demand for iron products.The new entity was incorporated in Mumbai, Maharashtra, on June 26, 2026. The decision to establish this subsidiary comes as a strategic response to limitations perceived in the existing core business of ASIIL, which involves mining and processing Kotah Stone. By investing in Iron & Steel, the company is positioning itself for opportunities within this booming...

Promoter Gift of Shares: Nandan Chandavarkar Transfers 1.64% Holding in FDC Ltd to Trust FDC Limited has seen a transfer of shares through an off-market inter-se gift among its promoters. Nandan Mohan Chandavarkar, acting as the managing trustee of the Mohan Anand Chandavarkar Trust, gifted a block of shares to the Trust.The acquisition took place on June 24, 2026, involving Nandan Chandavarkar and the Mohan Anand Chandavarkar Trust. The transaction, which was completed via an off-market inter-se transfer between promoters, resulted in the Trust acquiring 26,70,316 shares.The gift represented a 1.64% holding of the company's total diluted share capital.Key details of the acquisition are as follows:MetricDetailsTarget...

Craftsman Automation Commences Commercial Operations at New Plant in Ludhiana Craftsman Automation Ltd. has announced that it has commenced commercial operations at its new plant facility located in Ludhiana, Punjab. The company confirmed that the commencement of operations took place on June 29, 2026.This operational milestone follows an earlier intimation from the company dated January 28, 2026, detailing the development and intended launch of the manufacturing unit.The inauguration of the plant in Ludhiana marks a significant step for Craftsman Automation Ltd., bringing its operations into full commercial status at the specified location in Punjab.CRAFTSMAN Stock Price Movement Shares of Craftsman Automation Limited are edging...

Tata Motors and Castrol India Partner to Advance Used Oil Circularity in Lubricant Value Chain Mumbai/Pune, June 29, 2026: Tata Motors and Castrol India Limited have signed a memorandum of understanding (MoU) to jointly launch a pilot programme focused on establishing a used oil circularity ecosystem. This collaboration brings together the commercial vehicle manufacturer with Castrol India, a market leader in advanced automotive and industrial lubricant technology, to address the responsible management of used engine oil.The pilot initiative aims to build a traceable system for collecting, storing, and channelizing used engine oil originating from Tata Motors' authorized service network located in Karnataka. The project targets the...

Intellect Design's eMACH.ai Platform Recognized in Forrester Report: Selected for NRF APAC Innovators Showcase Intellect Design Arena Ltd., a global leader in AI-First, enterprise-grade financial technology, has been included in Forrester's report, "The 2026 NRF APAC Innovators: Retail-Focused Tech Companies To Watch," released on June 1, 2026. The recognition highlights the capabilities of Intellect’s eMACH.ai Retail 6DX solution, which assists merchants by bridging disconnected workflows and elevating overall retail commerce management.The 2026 National Retail Federation (NRF) APAC Innovators Showcase features 23 companies globally that are utilizing new technology tools to transform consumer shopping and brand sales. The finalists...

Promoter Group Transfers Shares in FDC Ltd Via Gift Shares of FDC Limited were transferred through a gift from Nandan Mohan Chandavarkar, one of the company's promoters, to two other promoter entities. This transfer was an off-market inter-se transaction among the promoters of the Company.Details regarding the gifted shares are as follows:Date of AcquisitionTransferor/Donor (Promoter)Transferee/Donee (Promoter Entity)No. of Shares Acquired by GiftPercentage Holding AcquiredJune 24, 2026Nandan Mohan ChandavarkarMohan Anand Chandavarkar Trust26,70,3161.64%June 24, 2026Nandan Mohan ChandavarkarSandhya Mohan Chandavarkar Trust23,59,7701.45%Total50,30,0863.09%The transfer was conducted as an off-market inter-se transfer...

Dr Reddy's Stock Soars: Sustained Rally Pushes Shares Higher Amid US Regulator Inspection Outcomes Stocks Surge as Dr Reddy Maintains Seven-Day Gaining Streak Dr Reddy's Laboratories continued its impressive market momentum on Monday, extending its streak of gains to a remarkable seventh consecutive session. The stock emerged among the top performers within the Nifty50 index, reflecting strong investor confidence in the company’s core operations and future pipeline. This sustained rally has seen shareholders gain over 10 percent across the past seven trading sessions.US Inspection Outcomes and Company Response The bullish movement in Dr Reddy's shares followed news regarding a thorough inspection completed by the US drug regulator at...

UPRERA Cracks Down: Developers and State Agencies Fail Mandatory Audit Filings Under RERA Regulatory Oversight Intensifies as Compliance Gaps Emerge in Uttar Pradesh Real Estate Sector The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has initiated significant action against 76 real estate projects that have failed to comply with mandatory annual financial disclosure norms. This move highlights the regulator's increasing focus on ensuring transparency and accountability across the state's property development sector.Under the stringent guidelines of the Real Estate (Regulation and Development) Act (RERA), all project promoters are required to undergo an independent external audit annually. This audit must be completed by...

Varigate Advisory Services and Sanjay Otawat Dispose Equity Shares in Arman Holdings Ltd Varigate Advisory Services (P) Ltd and Sanjay Otawat have completed a disposal of equity shares in Arman Holdings Ltd, which was executed on June 25, 2026. The transaction involved the sale of 10,000 shares carrying voting rights, representing 0.19% of the target company's capital, through an open market mode.The divestment reflects a change in the holding structure for the two entities within Arman Holdings Ltd (Scrip code: 538556). Prior to the sale, Varigate Advisory Services (P) Ltd held 122,782 shares, constituting 2.36% of voting capital, while Sanjay Otawat held 247,500 shares, representing 4.75%.Following the disposal, the holdings have...

Zerodha Seeks Merchant Banking License to Transform Broking Business into Investment Powerhouse Zerodha Corporate Advisors has filed an application with the Securities and Exchange Board of India (SEBI) seeking a merchant banking license. This move signals a significant strategic shift for one of India's largest broking houses as it aims to venture deep into investment banking services.The company submitted its application on April 27. As of May 31, SEBI is currently processing the request. If approved, this licence would empower Zerodha to expand far beyond its existing core brokerage activities.Expanding Scope Beyond Broking Business Securing the merchant banking license would enable Zerodha to participate in high-stakes capital...

Valley Magnesite Company Ltd Approves Voluntary Delisting from Calcutta Stock Exchange The Board of Directors of Valley Magnesite Company Ltd has approved the voluntary delisting of its Equity Shares from The Calcutta Stock Exchange Limited (CSE). This decision was reached during a board meeting held on June 29, 2026.The company's rationale for voluntarily exiting the CSE market centers on optimizing administrative compliance costs and addressing negligible trading volume within that specific exchange.While delisting from CSE, the company confirmed that its Equity Shares will continue to remain listed on The BSE Limited. Shareholders can access these shares through the BSE platform, which features nationwide trading terminals...

Astal Laboratories Authorizes Acquisition Pursuit and Secures Rs 300 Crore Fundraising Mandate Astal Laboratories Ltd., during a board meeting held on June 29, 2026, approved key strategies focused on expanding manufacturing capacity through potential acquisition and secured a mandate to raise up to Rs 300 Crore. These decisions aim to strengthen the company's position in the global pharmaceutical market.The Board authorized Mr. Sudheer Karna Kankanala, Whole-time Director of the Company, to initiate discussions, evaluate opportunities, and negotiate the proposed acquisition of one or more established pharmaceutical manufacturing units in India. These targeted units must be compliant and approved by USFDA, EU-GMP, or WHO/GMP...

Investor Acquires Stake in Bacil Pharma Ltd through Open Market Transaction Niraj Rajnikant Shah has acquired a stake in Bacil Pharma Ltd through an open market purchase. The acquisition represents 6.44% of the company’s total share or voting capital.The transaction was completed by Niraj Rajnikant Shah, who holds no promoter status and is not part of any promoter group regarding the target company. Prior to the acquisition, Niraj Rajnikant Shah held zero shares in Bacil Pharma Ltd.Acquisition Details The details of the acquisition are as follows:MetricValueShares Acquired9,25,000Percentage of Total Share/Voting Capital6.44%Mode of AcquisitionOpen MarketDate of AcquisitionJune 22, 2026The purchase was made through...

Retail Frenzy Drives CSM Technologies IPO Subscription; NII and Employee Portions Fully Booked Early The Initial Public Offering (IPO) of CSM Technologies witnessed robust investor enthusiasm in the initial hours of bidding on June 29th. The issue achieved a significant subscription level, with the retail, non-institutional investor (NII), and employee segments being completely subscribed as of the morning update.Strong Retail and NII Demand Propel IPO Subscription As of 11:00 am on the final bidding day, CSM Technologies’ public offering was subscribed 0.8 times across all categories tracked by NSE data. The retail individual investor (RII) portion reached a strong subscription rate of 1.03 times. Similarly, the NII category saw...

Hindalco Announces Board Meeting for Q1 Results; Trading Window Suspension Details Released Hindalco Industries Ltd has announced key details regarding its upcoming Board meeting, setting out the timeline for financial results approval and the associated closure of its trading window. The company is scheduled to hold a meeting to consider and approve the Unaudited Standalone and Consolidated financial results for the quarter that ended June 30, 2026.The Board of Directors meeting will take place on Friday, August 7, 2026. During this session, the board will review and approve the specified quarterly financial results.In conjunction with the consideration and approval of these results, the trading window for dealing in the securities...

MGO High Conviction Rating: Analysis and Price Targets for Zee Media Corporation Ltd Zee Media Corporation Ltd has been assessed by MAGNIFICA GLOBAL OPPORTUNITIES FUND - MGO High Conviction, with analysts providing various outlooks alongside key financial metrics. The fund maintains a focus on the company's overall performance and market positioning as of June 29, 2026.The analyst report includes detailed valuations, presenting current ratios and future price targets across different scenarios. One projection indicates a specific valuation that is expected to be followed by periods of stability and growth.Financial Snapshot and Analyst Estimates The assessment highlights several key financial indicators for Zee Media Corporation...

Promoter Releases Pledged Shares of NRB Bearings Ltd Stock NRB Bearings Limited reported the release of pledged equity shares held by a promoter group member, Harshbeena Sahney Zaveri. The action represents part of the ongoing management of share encumbrances, with details provided regarding the resulting shareholder holding structure.The release involved two tranches of pledged shares across June 2026. Specifically, 3,784,427 shares were released on June 23, 2026, and an additional 7,84,000 shares were released on June 25, 2026. These releases account for 3.90% and 0.81%, respectively, of the original encumbered shareholding.The data indicates that Harshbeena Sahney Zaveri, identified as a promoter, held a total of 40,207,885...