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HMT Limited closes insider trading window ahead of June quarter unaudited financial results HMT Limited has announced the closure of its 'Trading Window' for insiders, designated persons, and their immediate relatives in anticipation of the Unaudited Financial Results for the quarter ending June 30, 2026. This restriction applies from July 1, 2026, until 48 hours after the declaration of these financial results.The decision to maintain a closed trading window is based on the advanced status of account consolidation and auditing across various units and subsidiaries of HMT Limited.Previously, the company had also communicated that trading would remain restricted following the closure period set for the quarter ending March 31, 2026...

Patel Integrated Logistics Limited Approves Buyback of Shares, Citing Value Enhancement Patel Integrated Logistics Limited has approved a proposal for the buyback of its equity shares, aiming to optimize the company's capital structure and enhance long-term value for its shareholders. The resolution was passed by the Board of Directors on Tuesday, June 23, 2026.The proposed buyback involves up to 60,00,000 fully paid-up equity shares of the Company. These shares, which have a face value of Rs. 10/- each, are being acquired at a price of Rs. 18/- per share. The total maximum size of the buyback is set at ₹10,80,00,000 (Rupees Ten Crore Eighty Lakhs only).The management stated that the proposal was designed to achieve multiple...

Tapi Fruit Processing Limited Secures New Domestic Order of Rs 5.25 Lakh from Shubham K-Mart Private Limited Tapi Fruit Processing Limited has received a new domestic order for the supply of its products, valued at Rs 5.25 Lakh, from Shubham K-Mart Private Limited. This business deal represents a strategic opportunity for Tapi Fruit Processing as it facilitates showcasing the company's range through a leading organized retail platform.The contract details confirm that the purchase order is a domestic transaction and does not involve any interest from the promoter or associated group companies, nor are they considered a related party transaction. The order was received on June 25, 2026.The engagement with Shubham K-Mart Private...

Isgec Sells Stake in Joint Venture Company, Reduces Holding and Restructures RelationshipIsgec Heavy Engineering Limited has successfully completed the transfer of equity shares in Isgec SFW Boilers Private Limited, a joint venture company. The transaction resulted in Isgec reducing its shareholding in the JV Company from 51% to 26%.The sale involves 500,000 equity shares held by Isgec in the JV Company, which represented 25% of the paid-up share capital. The buyer for these shares was Sumitomo SHI FW Energia Oy.Following the completion of this transaction on June 25, 2026, the company’s status regarding the JV Company has changed. Isgec SFW Boilers Private Limited will cease to be a subsidiary of Isgec Heavy Engineering Limited...

Jindal Stainless Appoints Kunjal Mehta as Chief Financial OfficerNational, June 25, 2026: Jindal Stainless, a leading stainless steel manufacturer in India, has appointed Mr Kunjal Mehta as its new Chief Financial Officer (CFO). The appointment is effective immediately, following approval by the company’s Board in Delhi. A highly experienced finance professional, Mr Mehta will be instrumental in guiding the company's financial strategy as it pursues continued growth and value creation.As CFO, Mr Mehta will oversee the comprehensive finance function of Jindal Stainless. His responsibilities will include treasury management, capital management, investor relations, risk management, financial planning, and strategic growth initiatives...

Sammaan Capital Limited Pays Interest Due on Secured Non-Convertible Debentures Sammaan Capital Limited confirmed that it has made the timely payment of interest amounts related to its Secured Redeemable Non-Convertible Debentures (NRCDs). The company's payments covered all outstanding debenture tranches, with specific details provided regarding eight different issuances.The interest payments concern NRCDs issued through a Public Issue and listed on stock exchanges. The data details the payment status across various instruments, confirming that the full interest amount was paid for each corresponding tranche.A detailed breakdown of the interest payments made by Sammaan Capital Limited is provided below:ISINIssue Size (in INR...

RBI Cracks Down: Monetary Penalty Imposed on Lalgudi Urban Bank for Defying Prudential Norms The Reserve Bank of India (RBI) has imposed a significant monetary penalty on The Lalgudi Co-operative Urban Bank Ltd., Tamil Nadu. The action, confirmed by an order dated June 22, 2026, sees the bank fined ₹ 1 lakh for non-compliance with key prudential directions issued by the central bank.The penalty was levied in exercise of powers conferred upon RBI under Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949. This regulatory action stems from supervisory findings related to the bank's financial position as of March 31, 2025.Violations of Capital Adequacy Norms RBI’s investigation into the Lalgudi...

Industry Veteran Anil Kumar Matai Appointed as Independent Director of Jagsonpal Pharmaceuticals Gurugram, India | June 25, 2026 – Jagsonpal Pharmaceuticals Ltd has announced the appointment of Mr. Anil Kumar Matai as an Independent Director to the Company's Board, effective June 25, 2026, pending shareholder approval.Mr. Matai joins the board bringing extensive leadership experience across the pharmaceutical and healthcare sectors. He possesses more than three decades of distinguished career experience, having held senior leadership positions where he was instrumental in driving strategic growth, operational excellence, and business transformation within the industry.Manish Gupta, Managing Director of Jagsonpal Pharmaceuticals...

L&T Power Development Completes Divestment of Nabha Power Limited Equity Larsen & Toubro Limited's wholly owned subsidiary, L&T Power Development Limited (L&T PDL), has successfully completed the divestment of its interest in Nabha Power Limited (NPL). The transaction involved the sale of 100% of the equity and convertible instruments held by L&T PDL in NPL.Following the closing of the transaction, L&T PDL received a consideration of ₹ 3,632.35 crores for the divestment, which accounts for adjustments made at the time of closing. This sale concluded the initial ownership stake previously held by L&T PDL in Nabha Power Limited.While the bulk of the equity was divested, L&T PDL retains a residual interest in NPL. The company continues...

Aprameya Engineering Secures Rs 5.84 Crores Working Capital Term Loan from Punjab National Bank Aprameya Engineering Limited has finalized a loan agreement with Punjab National Bank to secure a working capital facility for its business operations. The agreement, dated June 24, 2026, provides the company with essential credit required for its core business purposes.The collaboration between Aprameya Engineering Limited and Punjab National Bank is intended to obtain necessary credit under the terms of a Working Capital Term Loan through ECLGS 5.0. This facility totals Rs 5.84 Crores.Key details regarding the loan agreement are as follows:ParameterDetailsLenderPunjab National BankBorrowerAprameya Engineering LimitedLoan...

Manglam Infra Secures Contract from MORTH for Upgradation of NH-66 in Maharashtra Manglam Infra & Engineering Limited has secured a consultancy services contract from the Ministry of Road Transport & Highways (MORTH) concerning the Operation and Maintenance of crucial road works in Maharashtra. The contract, which is set to run for 36 months, involves providing Independent Engineer services for the rehabilitation and up-gradation of specified sections of NH-66.The total contract price awarded to Manglam Infra & Engineering Limited amounts to Rs. 4,98,45,600/-.The project encompasses two major sections of National Highway 66 (NH-66). The first section involves the Rehabilitation and Up-gradation of NH-66 (formerly NH-17) from Km...

Ravindra Energy Limited Allots 19.85 Million Shares at Rs 101 Per Share on Rights Issue Ravindra Energy Limited announced the successful allotment of equity shares issued on a rights basis. The Finance Committee approved the allocation after considering the terms related to the rights issue.The Company allotted 1,98,54,940 fully paid-up equity shares to eligible shareholders and renouncees. These shares were offered at a price of Rs 101/- each, which includes a premium of Rs 91/- per share. The allotment followed the terms set forth in the letter of offer dated June 3, 2026, and the corrigendum issued on June 12, 2026.The issuance accounted for a combined value of Rs 2005.35 million, as noted during the process.Company Capital...

Cholamandalam Investment Ranked in 2025 Burgundy Private Hurun India 500 List Cholamandalam Investment and Finance Company Limited, the financial services arm of Murugappa Group, has been listed in the prestigious 2025 Burgundy Private Hurun India 500 list. This ranking recognizes India's most valuable companies based on their value creation and contribution to the nation's economic growth.The recognition highlights Chola's consistent growth, robust financial performance, and focus on customer-centricity within the evolving Indian financial services sector.Executive Chairman of Cholamandalam Investment and Finance Company Limited, Mr. Vellayan Subbiah, stated that the acknowledgement reflects the trust placed in the company by its...

Torrent Power Completes Acquisition of Nabha Power Limited, Establishes Wholly Owned Subsidiary Torrent Power Limited has completed the acquisition of 100% equity shares and convertible instruments of Nabha Power Limited (NPL). The transaction saw Torrent acquire the company from L&T Power Development Limited, making NPL a wholly owned subsidiary of Torrent Power, effective June 25, 2026.The acquisition was finalized at a total consideration amounting to ₹ 3632.35 Crore, which factored in closing adjustments.This completion marks the finalization of the purchase agreement process for Nabha Power Limited (NPL). The transaction follows earlier communications regarding Torrent Power's intention to acquire NPL and receipt of necessary...

GACM Technologies Approves UK Subsidiary Creation for International Expansion; Discusses Preferential Share Issue GACM Technologies Limited, during its Board of Directors meeting held on Thursday, June 25, 2026, approved several strategic corporate decisions aimed at expanding its international presence and addressing capital structure matters. The board sanctioned the incorporation of a Wholly Owned Foreign Subsidiary (WOFS) in the United Kingdom (UK).The WOFS is intended to facilitate the Company's growing international business operations. Details regarding the newly incorporated entity include:ParticularsDetailName of EntityAURATRUST TECH LIMITEDCountry of IncorporationUnited Kingdom (UK)Industry FocusSoftware...

Aditya Birla Money Limited Increases Authorized Share Capital, Boosting CapacityThe Board of Directors of Aditya Birla Money Limited has approved a significant increase in the company's authorized share capital following a meeting held on June 25, 2026. This expansion alters the company’s Memorandum of Association and prepares it for future growth initiatives.The decision involves expanding both equity and preference shares. The existing Authorized Share Capital of ₹33,00,00,000 is being increased to ₹333,00,00,000 through the creation of additional shares. This expansion incorporates 10,00,00,000 Equity Shares and 2,90,00,000 Preference Shares into the authorized structure.The company's Authorized Share Capital structure has been...

GACM Technologies Approves UK Foreign Subsidiary and Discusses Preferential Share Issue GACM Technologies Limited, at a meeting of its Board of Directors held on June 25, 2026, approved the incorporation of a Wholly Owned Foreign Subsidiary (WOFS) in the United Kingdom (UK). The board also deliberated on a proposal concerning a preferential issue of equity shares to non-promoters for the acquisition of stakes in two private limited companies.The Board meeting, which concluded at 04:00 P.M. (I.S.T.), held at the company’s Hyderabad office, covered various business matters, including setting up international operations and reviewing potential transactions.Key Decisions from the Board Meeting 1. Incorporation of Wholly Owned Foreign...

Innovision Limited Secures Toll Collection and Facility Maintenance Contract from NHAI Innovision Limited has been awarded a significant contract by the National Highways Authority of India (NHAI). The award pertains to the engagement of Innovision Ltd as a user fee agency for the Ghamroj Fee Plaza located in Gurgaon-Sohna/NH-248, covering both Haryana and Rajasthan.The work order was granted by NHAI on June 24, 2026, and Innovision Limited received the Letter of Award on June 25, 2026.Contract Scope and Commercial Terms The contract involves not only toll collection but also the comprehensive maintenance of facilities at the site. The scope of work includes the upkeep and maintenance of adjacent Toilet blocks, as well as the...

Divgi TorqTransfer Systems incorporates Wholly-Owned Subsidiary in United States of America Divgi TorqTransfer Systems Limited has completed the incorporation of a wholly-owned subsidiary in the United States of America, establishing its presence in the global market. The new entity has been officially registered in Delaware.The newly incorporated company is named Divgi Transmission Technologies And Systems Inc., and it holds its registered office at 8th Green Street in DOVER, County of Kent. This move positions the subsidiary within the competitive Automotive Industry sector.Divgi TorqTransfer Systems Limited will serve as the holding company for the proposed foreign subsidiary. The primary focus of the new entity is Advanced...

Addictive Learning Technology Approves Shift to Quarterly Results and Reappoints Internal Auditor Addictive Learning Technology Limited, which was previously known as Addictive Learning Technology Private Limited, announced key decisions made during its Board of Directors meeting held on June 25, 2026. The board approved changes related to the company's financial reporting structure and the internal auditing function for the upcoming fiscal year.During the meeting, the Company sanctioned a change in how its financial results would be declared. Previously reported on a half-yearly basis, the Board of Directors now approved shifting the declaration of these financial results to a quarterly schedule.Additionally, the board greenlit the...