Markets

Sammaan Capital Ltd Pays Full Interest on Secured Redeemable Non-Convertible Debentures Sammaan Capital Ltd has reported the successful payment of interest amounts pertaining to its Secured Redeemable Non-Convertible Debentures (NCDs). The debentures were issued through a public offering and are listed on stock exchanges.The company confirmed that it paid the entire interest amount due for these NCDs, which include several issues with varying sizes and corresponding interest payments. All payments were made to ensure adherence to scheduled financial obligations.Details regarding the various issues of Secured Redeemable Non-Convertible Debentures (NCDs) are provided below, detailing the issued size, the amount of interest paid, and...

Small-Cap Frenzy: Funds Surge While Large-Caps Drift Lower; Gap Widens Across Sectors Category returns paint a divergent picture for investors, showing small-cap funds having navigated this period significantly better than their large-cap counterparts. While both categories exhibit extreme performance ranges, suggesting heightened volatility across the market segment, analysis reveals that sector momentum is unevenly distributed.Market Categories Show Divergence in One-Year Returns The overall categorization trend highlights a sharp divide in fund health over the past year. Small-cap funds are currently registering a strong return of 8.10 percent. In contrast, large-cap funds have seen declines, standing at -4.54 percent.Crucially...

Hexaware Becomes Authorized Anthropic Reseller for Amazon Bedrock, Accelerating Enterprise AI Deployment Hexaware Technologies Limited, a global provider of IT solutions and services, has announced that it is now an Anthropic Authorized Reseller for Amazon Bedrock. This appointment positions Hexaware as one of the companies worldwide entrusted to resell, integrate, and support Claude models directly to enterprise clients globally, significantly deepening the company's commitment to delivering transformative and responsible AI solutions.The partnership reinforces Hexaware’s strategic focus on AI-first methodologies, enabling it to support the entire AI lifecycle for its clientele—from model access and customization through...

Director Aman Kumar Ray Resigns from Delta Industrial Resources Ltd Delta Industrial Resources Limited has announced the resignation of its Director, Mr. Aman Kumar Ray. The change in directorship was effective as of the close of business hours on June 25, 2026.Mr. Ray submitted his resignation due to personal reasons.The company confirmed that there were no other material reasons for the departure besides those mentioned.Key details regarding the directorship cessation are summarized below:DetailInformationDirectorAman Kumar RayCessation DateClose of business hours on June 25, 2026Reason for ChangePersonal reasonsStock Price Movement At the close of trade on Thursday, Delta Industrial Resources Ltd settled at...

Brookprop Management Services Announces Key Board and Executive Appointments for Brookfield India Real Estate Trust Brookprop Management Services Private Limited, serving as the manager for Brookfield India Real Estate Trust, announced several significant updates regarding its board composition and executive leadership following a meeting of its directors held on June 25, 2026. The announcements included high-profile appointments, noted resignations, and the engagement of an independent valuer.The Board approved the appointment of Ms. Ananya Tripathi as an additional Non-Executive, Non-Independent Director on the board of the Manager, effective June 25, 2026. This appointment is subject to approval by members at the ensuing annual...

Elpro International Acquires Equity in Greaves Cotton Limited for INR 5 Crores Elpro International Ltd has acquired equity shares of Greaves Cotton Limited (GCL), making a strategic move within the manufacturing sector. The acquisition was conducted through cash consideration at a cost of INR 5.00 Crores, as part of Elpro International's investment strategy.The transaction involved an increase in Elpro International’s holdings in GCL. The company acquired 230,360 Equity Shares. This fresh acquisition increased the total holding to 461,575 Equity Shares, up from a previous holding of 231,215 Equity Shares.Greaves Cotton Limited is described as a diversified, multi-product, multi-fuel engineering company with a legacy spanning 165...

IRB InvIT Fund Announces 9th Annual Meeting and Appoints Valuer for 2026-27 IRB InvIT Fund has announced two key corporate decisions following the Board of Directors consideration, including convening its upcoming annual meeting and appointing a Registered Valuer for the trust and its associated Project SPVs.The Trust will hold its 9th Annual Meeting of Unitholders on Thursday, July 23, 2026. The meeting is scheduled to be conducted through Video Conferencing (VC) or OAVM.In addition to the meeting details, IRB InvIT Fund has appointed KPMG Valuation Services LLP as the Registered Valuer. This appointment covers both the Trust and its Project SPVs for the financial year 2026-27. The selection of KPMG is subject to the approval of...

Hindustan Adhesives Reports Q1 and Full Year Financial Results for FY26; Shows Revenue Growth in Standalone and Consolidated Entities Hindustan Adhesives Limited has released its audited financial results for the quarter and full year ended March 31, 2026. The company reported key figures across both its standalone entity and consolidated group, highlighting operational activities and asset strength.The Board of Directors reviewed the outcomes of both the standalone and consolidated financial statements during their meeting held on June 25, 2026. Independent auditors, Salarpuria & Partners Chartered Accountants, provided an unqualified opinion on the standalone results. The company also issued a declaration confirming that the...

NIBE Ltd Announces Resignation of Chief Executive Officer Nibe Limited has announced the resignation of Mr. Prakash Hari Khose from the post of Chief Executive Officer (CEO) and Key Managerial Personnel. The transition is effective from the close of business hours on June 25, 2026.Mr. Khose tendered his resignation due to personal reasons, stating that he was unable to continue in his current role. In his letter, he expressed gratitude for the guidance and support provided by the Board of Directors and senior management during his tenure with the company.The particulars regarding the change in key managerial personnel have been disclosed:ParticularsDetailsExecutive ResignedMr. Prakash Hari KhoseRoleChief Executive Officer...

Bharat Seats Limited Receives Penalty Orders from Income Tax Department Across Multiple Assessment Years Bharat Seats Limited has received four penalty orders from the Income Tax Department, pertaining to compliance under the Income Tax Act, 1961. The penalties cover various assessment years spanning 2019-20 through 2024-25.The company received the orders on June 24, 2026, concerning penalties issued by the Office of the Deputy Commissioner of Income Tax in Delhi for alleged contraventions related to section 271 DA read with section 269ST of the Income Tax Act, 1961.The total penalty amounted to Rs. 271.48 lakhs across all four assessment years. Management has confirmed that the company is filing appeals against these orders for...

Rose Merc Limited Acquires 30.01% Stake in Virtual Gain Technologies, Reinforcing Fintech Expansion Mumbai, June 25, 2026: Rose Merc Limited has successfully completed the acquisition of a 30.01% equity stake in Virtual Gain Technologies Private Limited, making the fintech company a subsidiary of Rose Merc. This strategic transaction marks a significant step for Rose Merc as it expands its footprint within India's growing digital financial services ecosystem.Virtual Gain Technologies operates through its flagship brand Pezon, which provides technology-driven payment solutions and digital services to businesses across India. As an FIU-approved Technical Service Provider (TSP), Pezon focuses on delivering secure and scalable payment...

Aureate Tradde Ltd. Approves Half-Yearly and Full-Year Financial Results for FY2026 Aureate Tradde Limited has announced the approval of its audited standalone financial results for the half year ended and full year ended March 31, 2026. The Board of Directors approved these results during a meeting held on June 25, 2026, along with the report from the Statutory Auditors.The company's financial statements provide comprehensive details across profit and loss, assets and liabilities, and cash flow activities for the periods ending March 31, 2026, and March 31, 2025.Financial Performance Highlights (Amounts in Lakhs) The results show trends in revenue and expenses over the past reporting periods. The key figures from the Statement of...

India's First 250 MT Electric Crane Deployed at Hindustan Zinc Smelter Debari Hindustan Zinc Limited, a leading integrated zinc producer and one of the top ten global silver producers, has marked a significant step toward industrial decarbonization by deploying India's first 250 Metric Tonne capacity electric crane at its Zinc Smelter in Debari, Rajasthan. This hybrid lifting machine, capable of operating on both diesel and electric power, reinforces the company's commitment to integrating clean technologies into core mining operations.The deployment is part of a broader green roadmap that includes several advancements in sustainable mobility across Hindustan Zinc’s operations. Over the past three years, the company has rolled out...

Prabhhans Industries Ltd Affirms No Material Disclosure Required Amid Stock Movement Prabhhans Industries Ltd has stated that there is no material information or announcement pending that requires mandatory disclosure to stock exchanges regarding its securities. The company confirmed its ongoing commitment to providing timely and appropriate disclosures in line with corporate governance standards.In a statement clarifying market activity, the company asserted that the movement observed in the price and volume of its securities appears purely market-driven. Prabhhans Industries Ltd emphasized that the trading action is not linked to any unpublished price sensitive information.The company reiterated its commitment to fair and...

Standard Surfactants Ltd Approves Q4 Results and Unmodified Audit Opinion Standard Surfactants Ltd's Board of Directors has approved the Audited Financial Results for the Fourth Quarter (Q4) and the full year ending March 31, 2026. The company also received and reviewed the Auditor's Report pertaining to these financial results.The Statutory Auditors confirmed that they issued an unmodified opinion on the company's financial statements covering the fourth quarter and the financial year concluded on March 31, 2026.Following the declaration of these results, Standard Surfactants Ltd confirmed that the trading window for dealing in the company’s securities will open after a period of 48 hours.Stock Price Movement Standard Surfactants...

SEPC Ltd Announces Resignation of Independent Director Dr. Ashutosh Karnatak SEPC Limited has confirmed the resignation of Dr. Ashutosh Karnatak from his position as an Additional Director in the capacity of Non-Executive, Independent Director. The cessation occurred with effect from June 24, 2026.The company released details regarding this change following the director's departure. Dr. Ashutosh Karnatak tendered his resignation citing personal reasons and other professional commitments.As per the detailed information provided, the resignation of Dr. Karnatak is due to these stated reasons. He confirmed that there are no material reasons for his resignation beyond those mentioned in his letter.During his tenure, Dr. Karnatak held...

Government Offers 5-Year Grace Period as India Eases QCO Norms for Manufacturers Relying on Imports The government has introduced a vital transition framework designed to provide significant relief to manufacturers across several key sectors, including air conditioners (ACs), toys, PPE, and select electrical appliances. This measure eases the stringent compliance requirements of existing Quality Control Orders (QCOs) by offering an alternative pathway for these businesses.The scheme, officially notified on Thursday, is a temporary arrangement intended to bridge the gap between current manufacturing practices and full QCO compliance. It will remain in force for five years, ensuring that quality regulations do not unduly disrupt active...

Olatech Solutions Announces Chief Executive Officer Resignation Olatech Solutions Ltd has announced the resignation of its Chief Executive Officer, Mr. Navneet Kakkar. The change is effective as of June 25, 2026.Mr. Kakkar tendered his resignation from the post of Chief Executive Officer (Key Managerial Personnel) and all other designated positions held at the Company. His decision to step down is attributed to pursuing career opportunities outside Olatech Solutions Ltd, alongside certain personal commitments that do not permit him to dedicate the necessary time and attention to the role.The details surrounding the executive transition are provided below:ParticularsDetailsCEO ResigningMr. Navneet KakkarDate of...

Garlon Polyfab Industries Ltd Schedules Board Meeting to Approve FY26 Financial ResultsGarlon Polyfab Industries Ltd has announced that its Board of Directors meeting has been scheduled for May 30, 2026. The board meeting is slated to be held at the registered office and is intended to consider and approve the Audited Financial Results of the Company for the quarter and Financial Year ended March 31, 2026.The company's management confirmed that the meeting will include discussions on all other relevant business items, if any.In addition to the board deliberation, Garlon Polyfab Industries maintained strict adherence regarding internal trading restrictions. The designated trading window for dealing in the Company’s shares by...

Sterling Bank of Asia Selects Infosys Finacle Software-as-a-Service for NextGen Transformation Infosys Finacle, a component of EdgeVerve Systems and a subsidiary of Infosys, has been selected by Sterling Bank of Asia to power its next generation transformation program. The partnership focuses on leveraging the Infosys Finacle Software-as-a-Service (SaaS) platform across several banking domains, aiming to enhance customer and employee experiences while reducing operational complexity through automation and digitization.Sterling Bank of Asia is a progressive institution in the Philippines that announced the decision on June 25, 2026. The bank plans to utilize Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance, and...