Markets

Trading Window for Anzen India Energy Yield Plus Trust Securities Closes as of July 1, 2026 The trading window for securities of Anzen India Energy Yield Plus Trust has been closed effective from July 1, 2026, due to policy concerning Unpublished Price Sensitive Information (UPSI).As mandated by the company's dealing policies, the suspension of the trading window is set to last until a specific event related to the financial year ending June 30, 2026. The window is scheduled to reopen 48 hours following the public announcement of Anzen’s financial results and the declaration of any distribution payable to Unitholders.This mandatory closure ensures adherence to internal policies governing the dealing in Anzen securities during...

Senior Management Resignation: Head of Accounts & Finance Steps Down from Indo Count Industries Limited Indo Count Industries Limited announced that Mr. Bijay Agarwal, designated as a senior management personnel and holding the position of Head - Accounts & Finance, has resigned from his role at the company.Mr. Agarwal tendered his resignation on June 24, 2026, citing personal reasons for the decision to leave ICIL. He is slated to be relieved from his duties upon the closure of business hours on September 22, 2026.In response to family requirements, Mr. Agarwal requested the resignation and committed to serving the necessary notice period. He also pledged to provide thorough hand-holding support to his successor during the...

Vikas Lifecare Reports Quarterly Earnings; Consolidated Results Show Net Profit of ₹1,836.19 Lakhs Vikas Lifecare Limited (formerly known as Vikas Multicorp Limited) has reported its audited consolidated financial results for the quarter ended March 31, 2026. The company registered a net profit for the period of ₹1,836.19 lakh, demonstrating operational profitability amidst several strategic transactions and market events.The Consolidated Annual Financial Results show a significant increase in Total Income during the quarter compared to the previous year’s equivalent period. Revenue from Operations stood at 49,936.33 lakh for the quarter ended March 31, 2026, compared to 48,002.24 lakh in the corresponding period of the prior fiscal...

Major Stake Exits Rock Market: Alpha Wave Offloads Delhivery; Pine Labs Breaks Out Amid Investment Inflow Venture capital movements dominated the markets as major stakeholders executed significant stake sales across key technology and logistics players. Alpha Wave Ventures LP completed the entire exit of its stake in Delhivery, while Actis offloaded a substantial portion of its holding in fintech unicorn Pine Labs on June 24.Institutional Exodus: Alpha Wave Exits Delhivery; Actis Offloads Pine Labs Stake Alpha Wave Ventures conducted two transactions totaling the sale of 1.44 crore shares (a 1.93 percent stake) of Delhivery. These sales totaled ₹664.7 crore, with shares sold at Rs 460.36 and Rs 460.03 per share respectively.Despite...

Elpro International Acquires Equity in Greaves Cotton Limited Amid Strategic Investment Elpro International Ltd has acquired equity shares of Greaves Cotton Limited, marking an investment in the engineering sector. The acquisition was completed using cash consideration.The purchase involved the acquisition of 2,31,215 Equity Shares in Greaves Cotton Limited (GCL). The cost incurred for this transaction amounted to INR 5.00 Crores per share. Elpro International stated that there is no interest or relationship between the companies that would classify the acquisition as a related party transaction.Greaves Cotton Limited is an established engineering firm, boasting a legacy of 165 years. It operates within the Compressors, Pumps &...

Sharika Enterprises Ltd Approves Dual Capital Raising Through Preferential Allotment of Equity Shares and Warrants Sharika Enterprises Ltd announced that its Board of Directors approved a multi-pronged capital raising initiative, involving the issue of equity shares and share warrants through preferential allotment. The decisions were ratified during a Board meeting held on June 23, 2026.The company plans to raise funds by issuing up to 151,49,079 Equity Shares to various Non-Promoter Investors (NP). These shares, which have a face value of Rs. 5/- each, will be issued at an Issue Price of Rs. 14.33 per share. The allotment is projected to generate an aggregate consideration of up to Rs. 21,70,86,305 (Rupees Twenty One Crore Seventy...

India-UK Trade Talks Set to Define Future as Ministers Finalize CETA Implementation Roadmap Commerce and Industry Minister Piyush Goyal is scheduled to undertake a high-level visit to London this week for crucial discussions with UK officials regarding the implementation of the comprehensive economic and trade agreement (CETA). The talks are set against the backdrop of CETA, which is due to come into force on July 15.The official statement confirmed that Mr. Goyal will hold a series of bilateral meetings during his visit, focusing intensively on aligning regulatory roadmaps between the two nations. Key agenda items include streamlining cross-border customs coordination and finalizing administrative mechanisms necessary for smooth...

Meme Stock Frenzy Sparks 42% Surge in Wendy's Shares After Social Media Rally The fast-food stalwart Wendy’s Co. has experienced explosive volatility, surging by up to 42% on Wednesday after being targeted by a viral social media campaign. This rally was driven purely by retail investors and meme traders, marking the biggest jump for the stock since March 2020. Shares were halted amidst the massive gain before slightly correcting during the trading day.The Social Media Catalyst Driving the Rally The significant movement in Wendy’s shares was triggered not by a corporate announcement but by sentiment spreading through financial social media platforms. A post on Reddit's WallStreetBets, which later disappeared, rallied members to "save...

Atmastco Completes Preferential Allotment, Raises Total Fund of ₹55 Crore Atmastco Limited successfully completed a preferential allotment, securing a total fund raise of ₹55,83,87,200/- through the issuance of equity shares and convertible warrants. The allotment was approved by the company's Board of Directors on June 24, 2026.The company allotted a total of 14,23,600 Equity Shares and 22,50,000 Convertible Equity Warrants. Both securities were offered at an issue price of ₹152/- per share or warrant, which includes a premium of Rs. 142.Details of Equity Share Allotment The allotment of Equity Shares saw the receipt of 100% of the issue price, aggregating to ₹21,63,87,200/. The shares were distributed among 16 non-promoter/public...

Gold Prices Plunge as Rate Hike Fears Drive Renewed Outflows from ETFs Spot gold prices have slipped below the critical $4,000 per ounce psychological mark for the first time since November 2025. This retreat comes amid a firmer U.S. dollar and growing market expectations that interest rates will remain elevated for an extended period. The movement highlights the sensitivity of bullion-backed exchange-traded funds to global monetary policy shifts.ETF Flows Face headwinds Amid Monetary Tightening Bets Gold ETFs are currently seeing sustained selling pressure, according to World Gold Council data, which recorded net outflows of 16 metric tons in May. While some funds registered their strongest weekly net inflows since mid-April last...

NSE’s Valuation Soars as Market Regulator Filings Signal Historic IPO Plans India's Billion-Dollar Businesses:NSE Leads Top List of Unlisted Companies in 2025 The National Stock Exchange (NSE) has maintained its position at the pinnacle of unlisted entities, achieving a valuation of Rs 4.86 lakh crore, according to the latest 2025 Burgundy Private Hurun India 500 report. This ranking highlights the immense underlying strength and market dominance within Indian corporate infrastructure.The comprehensive report, jointly released by Burgundy Private, Axis Bank’s Private Banking Business, and Hurun India, ranks the country's top 500 non-state-run companies. It emphasizes that consumer, fintech, and renewable energy sectors are...

Apollo Hospitals Enterprise Limited Holds Meetings for Composite Scheme of Arrangement Apollo Hospitals Enterprise Limited held meetings with secured creditors, unsecured creditors, and equity shareholders to consider and approve a composite scheme of arrangement. These meetings were conducted on June 24, 2026, involving discussions related to the proposed scheme among several entities.The meetings focused on a composite scheme involving Apollo Hospitals Enterprise Limited (Demerged Company), Apollo Healthco Limited (Transferor Company 1), Keimed Private Limited (Transferor Company 2), and Apollo Healthtech Limited (Resultant Company).Meeting Summaries The company held three distinct meetings, each conducted via Video Conferencing...

Life Insurance Corporation of India Chief Financial Officer Resigns to Pursue New Prospects Life Insurance Corporation of India (LIC) has announced that Shri Sunil Agrawal, who serves as a Key Managerial Personnel and Chief Financial Officer, has resigned from his position at the corporation.The resignation was submitted by Mr. Agrawal on June 24, 2026, stating that he is resigning to pursue better prospects. His departure will be effective from the close of business hours on July 14, 2026, at which point he will cease to hold the post of Chief Financial Officer and Key Managerial Personnel of the corporation.The company provided specific details regarding this change in personnel, noting that Mr. Agrawal's resignation is due to...

NLC India Renowables and OREDA Form Joint Venture to Develop 1000 MW Green Energy Projects in Odisha NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has signed a Joint Venture Agreement (JVA) with OREDA Ltd. The partnership aims at the establishment, operation, and maintenance of 1000 MW of green energy projects in the state of Odisha, marking a significant step towards strengthening India's clean energy transition.The JV was formalized on June 23, 2026, in Odisha. Key signatories included Shri Devendra Pratap Singh, Chief Executive Officer of NIRL, and Shri Saidutta Biplab Keshari Pradhan, CEO OREDA and Special Secretary, Department of Energy, Government of Odisha. The agreement encompasses the development of...

Adani Total Gas Limited Assigned 'Strong' ESG Rating by ESGRisk.ai Adani Total Gas Limited has received an Environmental, Social, and Governance (ESG) rating from ESGRisk.ai, which falls under the 'Strong' category. This assessment signifies the company’s status as an ESG leader that exhibits a robust track record in managing material ESG risks through a strong risk management framework.The rating was assigned by M/s ESG Risk Assessments & Insights Limited. According to reports from June 24, 2026, Adani Total Gas Limited holds an ESG rating of '67'.A key detail surrounding the assessment is that the company had not engaged ESGRisk.ai for this specific ESG Rating. Instead, the report was independently prepared by Adani Total Gas...

Embassy Developments Signs MoU with Government of Uttar Pradesh for Proposed ~₹1,500 Crore Commercial Real Estate Development in Lucknow Embassy Developments Limited has signed a non-binding Memorandum of Understanding (MoU) with the Government of Uttar Pradesh. The agreement pertains to a proposed large-scale commercial real estate development in Lucknow under the Invest UP framework, involving an investment estimated at approximately ₹1,500 crore.The indicative proposal detailed in the MoU covers the development of roughly 2.5 to 3.0 million square feet of premium office-led commercial property.The signing ceremony took place in Bengaluru and included senior figures from both parties. Present were Shri Yogi Adityanath, Honourable...

CRISIL Reaffirms Credit Ratings of Ganesh Infraworld Limited; Long-Term Rating Set at BBB+/Stable CRISIL Ratings Limited has reaffirmed the credit ratings for Ganesh Infraworld Limited (GIL) and its bank facilities, removing them from 'Rating Watch with Developing Implications'. The company received the affirmation in its rating letter dated June 23, 2026.The rating reaffirms GIL’s commitment to maintaining a comfortable financial risk profile despite the acquisition of Kandoi Transport Limited (KTL). CRISIL granted a Stable outlook to the long-term rating.Rating Status and Financial Overview The ratings were assigned following a thorough review of the company's consolidated performance, including its subsidiaries and joint...

Raymond Realty Ltd Announces 7th Annual General Meeting and FY2025-26 Annual Report Details Raymond Realty Limited has scheduled its 7th Annual General Meeting (AGM) for shareholders and made available the Annual Report for the Financial Year 2025-26. The meeting is set to be held via Video Conferencing (VC) / Other Audio Visual Means (OAVM).The AGM of Raymond Realty Limited, which was formerly known as Raymond Lifestyle Limited, is scheduled for Tuesday, July 14, 2026, at 05:00 P.M.The Annual Report for the Financial Year 2025-26 is accessible online. The company has provided a specific web link and QR code detailing where shareholders can access the complete Annual Report. For investors, the annual report is also available on the...

NHC Foods Ltd Allots Equity Shares Following Partial Conversion of FCCBs NHC Foods Ltd announced a significant update regarding its capital structure after the Board of Directors approved the allotment of equity shares resulting from the partial conversion of Unsecured Foreign Currency Convertible Bonds (FCCBs).The company received notice for the partial conversion of 11 FCCBs, which aggregate to a principal value of USD 1,00,000. In response, the Board Meeting held on June 24, 2026, approved the allotment of 10,41,77,040 fully paid-up equity shares of face value INR 1/- each to M/s. Global Focus Fund, the FCCB holder.The transaction resulted in an increase in the company’s paid up equity share capital. As a result of this...

Wipro Ltd Grants Restricted Stock Units to Employees under 2024 Scheme Wipro Ltd has announced the grant of Restricted Stock Units (RSUs) to identified employees of the company and its subsidiary. The units were granted under the Company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024.The grant comprises a total of 2,75,108 RSUs. This grant is effective starting from June 24, 2026.As part of this scheme, the awarded Restricted Stock Units are set to vest according to a schedule approved by the Nomination and Remuneration Committee of the Board. Furthermore, the units can be exercised over an exercise period as defined and approved by the aforementioned Committee.WIPRO Stock Price Movement...