Markets

Ramchandra Leasing Extends Website Downtime Due to Technical Issues During Migration Process Ramchandra Leasing & Finance Ltd, also known as Raama Finance Limited, has announced that its corporate website will require an extended period of non-operation due to ongoing technical complexities during a scheduled migration and maintenance process. The delay is attributed to unforeseen technical reasons encountered by the company.The organization confirmed that the website is expected to remain temporarily unavailable for an additional seven days beyond the timeline previously communicated to stakeholders.Ramchandra Leasing & Finance Ltd stated that it is taking all necessary measures to ensure the completion of the migration and...

Acquirers Mahesh Odedra and Hiren Odedra Propose Open Offer of Shares in Noble Polymers Ltd Noble Polymers Limited announced a proposed open offer intended for the public shareholders. The offering is being conducted by Mr. Mahesh Alabhai Odedra and Mr. Hiren Rambhai Odedra, who are collectively referred to as the Acquirers.The proposal involves 22,76,406 equity shares of Noble Polymers Limited. Each offer share has a face value of ₹5 (Rupees Five Only) and is being offered at an open price of ₹5 (Rupees Five only). This transaction represents 26.0% of the Emerging Voting Share Capital of Noble Polymers Limited.Kunvarji Finstock Private Limited, acting as the Manager to the Open Offer, has fixed Thursday, June 25, 2026, as the...

Innova Captab Limited Postpones 22nd Annual General Meeting Innova Captab Limited has announced the postponement of its 22nd Annual General Meeting (AGM). The meeting was originally scheduled to take place on Monday, June 29, 2026.The decision to postpone the AGM was made due to certain unavoidable circumstances. In continuation of previous communications regarding the event, the company confirmed the schedule change.The revised date, time, and venue for holding the 22nd AGM will be determined in due course. Innova Captab Limited stated that these details will be formally communicated to shareholders and stock exchanges as they are finalized.INNOVACAP Stock Price Movement As of 3:20 PM, shares of Innova Captab are slipping by...

LIC Appoints Key Personnel as Chief Compliance Officer and Executive Director Life Insurance Corporation of India has appointed Shri Jayasimhan Madabhushi Matam Tirumala as Chief Compliance Officer, solidifying his role as an Executive Director (Board & Secretarial/Regulatory Compliance). The designation change took effect on June 24, 2026.The appointment and re-designation were approved by the Board of Directors of the Corporation. Shri Jayasimhan Madabhushi Matam Tirumala is appointed as Key Managerial Personnel in this capacity.As per the details provided, his role at LIC signifies a continued commitment to compliance and corporate management within the organization. His appointment is effective from June 24, 2026, and holds...

Promoter acquires additional shares in Gamco Limited through open market purchase Mrs. Raj Goenka, representing the promoter group of Gamco Ltd., acquired an additional 15,000 equity shares of the company through an open market transaction on June 23, 2026. This acquisition increased her total holding in the target company to 1,304,966 equity shares, representing 2.42% of the issued and paid-up equity share capital.The acquisition was conducted by Mrs. Raj Goenka, who belongs to the promoter group of Gamco Limited (BSE Scrip Code: 540097). The open market purchase resulted in her total holding rising from 1,289,966 shares, or 2.39% of the voting capital, to 1,304,966 shares.The transaction details and shareholding status before and...

Tamilnadu Petroproducts Clarifies Securities Volume amid Trading Activity Tamilnadu Petroproducts Ltd has issued a statement clarifying the matter of increased trading volume for its security across exchanges, following attention to the movement in its stock.The company stated that it holds no pending information or announcements that could impact the price or volume performance of its scrip.In relation to the observed increase in trading activity, Tamilnadu Petroproducts reaffirmed its adherence to all necessary compliances and applicable laws moving forward.TNPETRO Stock Price Movement Tamilnadu PetroProducts Limited's stock is shedding value in live trading, falling 0.61% to ₹97.3 as of 3:15 PM. The equity has experienced high...

Transport Corporation of India Ltd Schedules Board Meeting to Discuss Q1 Results, Trading Window Remains Closed Transport Corporation of India Limited (TCI) has scheduled a meeting of its Board of Directors to review and approve the company's financial performance for the first quarter ended June 30, 2026. The board meeting is set to take place on Thursday, July 30, 2026.During the meeting, the directors are expected to consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the company for the specified period.In a separate operational update related to trading restrictions, TCI has announced that the Trading Window will remain closed until Saturday, August 1, 2026. This closure maintains the status...

Promoter Family Acquires Significant Stakes in National General Industries Ltd Through Gift Transactions National General Industries Limited saw several members of its promoter group and immediate relatives acquire substantial equity stakes through gift transfers, according to recent disclosures. These acquisitions highlight the continued involvement and strengthening of control within the company's leadership structure.The most significant transaction was reported when Pawan Kumar Modi acquired 9,99,515 equity shares of National General Industries Limited (NGIL) from his relative, Ashok Kumar Modi. This acquisition, which took place on June 8, 2026, saw Mr. Modi increase his holdings. Prior to the transfer, Pawan Kumar Modi held...

RDB Infrastructure Acquires 100% Stake in Green Energy Firm to Commercialize Solar Power Project RDB Infrastructure And Power Ltd, formerly known as RDB Realty & Infrastructure Limited, has entered into a partnership interest acquisition agreement aimed at securing a significant renewable energy project. The company is acquiring the entire partnership interest of M/s Arankam Green Energy Solution (the "Firm") for Rs. 90,00,000/- in cash.The agreement, dated June 24, 2026, dictates that RDB Infrastructure And Power Ltd will hold 100% partnership interest in the Firm upon completion of the transaction and subsequent amendment and restatement of the partnership deed.M/s Arankam Green Energy Solution is a Partnership Firm established as...

Time Technoplast Sees Inter-Se Transfer of Equity Shares Within Promoter Group Time Technoplast Ltd. completed an inter-se transfer of equity shares involving members of the Promoter Group on June 23, 2026. The transaction involved the sale of 4,00,000 equity shares at an average price of Rs. 178.29 per share through the open market.The inter-se transfer was conducted among various members of the Promoter/Promoter Group. Key sellers in this transaction included Naveen Kumar Jain, Raghupathy Thyagarajan, and Vishal Anil Jain. The shares were acquired by Time Securities Services Private Limited, a member of the Promoter Group.Before the sale, the aggregate holding of the Promoter and Promoter Group stood at 47.56% of the paid-up share...

Cosmo First Clarifies Volume Surge: Attributes Share Increase Solely to Market Conditions Cosmo First Ltd has addressed concerns regarding an increase in trading volume for its shares, clarifying that the movement is entirely market driven and not linked to any undisclosed information pertaining to the company's operations or performance.The clarification asserts that there is no price sensitive information that required immediate disclosure to stock exchanges. The company stated that the surge in share volume is purely a result of general market conditions.Cosmo First Ltd reaffirmed its commitment to promptly informing relevant parties about all material events and actions, assuring stakeholders of continued transparency regarding...

Crude Dip Fuels Sector Rally: IndiGo Shares Surge As Brent Tanks Below $76 Amid Shipping Confidence Crude-sensitive stocks experienced a significant rally on June 24 as oil prices continued their decline. Companies like HPCL, BPCL, and IndiGo saw gains of up to 4.5%, driven by the downturn in crude markets and increasing activity through maritime shipping lanes.Crude Markets Plunge: Brent Drops Below $76 Amid Tightering Geopolitical Calm Brent crude futures fell 1.8% or $1.37, settling at $75.71 a barrel by 0805 GMT. U.S. West Texas Intermediate (WTI) also slipped notably, down 1.5% or $1.08 to reach $72.13. Brent crude touched a low of $75.60, marking its weakest level since February 27.The drop reflects the broader easing of...

Shri Bajrang Alliance Ltd Announces Changes in Leadership and Partnership Disinvestment Shri Bajrang Alliance Limited announced several key corporate decisions following its Board meeting held on June 24, 2026, including a change in leadership designation, an independent director tenure conclusion, and approval for the disinvestment of its partnership interest in Shri Bajrang Chemical Distillery LLP.During the board meeting, it was decided that Mr. Anand Goel, who serves as Managing Director of the Company, would be designated as Chairman and Managing Director with effect from June 24, 2026. This designation change occurred following the resignation of Mr. Narendra Goel from his post as Chairman of the Company. The company confirmed...

Global Gas Vulnerability Spurs Massive Pivot: How India is Expanding LNG and Crude Sourcing Globally The global energy landscape is showing signs of significant divergence following a peace deal between the United States and Iran. Senior government officials have indicated that gas supply chains are proving structurally more vulnerable than oil markets, largely due to production uncertainties within Qatar-linked systems. This instability has prompted India to radically expand its national sourcing strategy across both crude oil and liquefied natural gas (LNG).Navigating Gas Risks: Expanding LNG Footprint Beyond the GCC Concerns regarding a prolonged recovery timeline for global gas supplies—while oil markets benefit from quicker...

IDC Recommends Open Offer for Rekvina Laboratories Ltd as Fair and Reasonable The Committee of Independent Directors (IDC) of Rekvina Laboratories Limited has concluded its review of the open offer made by three acquirers, deeming the offer price fair and reasonable. The recommendation was made following the meeting held on June 24, 2026, concerning the acquisition of a portion of the company's equity shares.The IDC members unanimously approved their recommendations regarding the Open Offer. The offer involves Surbhit Mukesh Shah, Amit Mukesh Shah, and Dhruvalkumar Patel (collectively the Acquirers), who intend to acquire up to 28,90,100 Equity Shares of Rekvina Laboratories Limited.The committee stated that the Offer Price of ₹10...

Timescan Logistics Board Approves Formation of Subsidiary in Indonesia for Expansion Timescan Logistics (India) Limited has approved a proposal to form a subsidiary company in Indonesia, signaling an international expansion into logistics and allied services. The decision was made by the Company's Board of Directors on June 24, 2026.The proposed transaction involves the establishment of the Indonesian entity under a majority stake held by Timescan Logistics.Key details regarding the new subsidiary include:Country of Incorporation: Indonesia Shareholding: The Company plans to hold a 95% shareholding in the new entity. Nature of Business: The subsidiary will operate in logistics and allied services, mirroring the business scope of...

HCLFoundation and Pearson Launch Discovery Science Center in Bengaluru for STEM Education HCLFoundation, the corporate social responsibility entity of global technology company HCLTech, and Pearson have launched a new Discovery Science Center in Bengaluru. The initiative aims to provide underserved students with hands-on access to science and technology learning experiences through a dedicated Science, Technology, Engineering and Mathematics (STEM) lab.The newly established Discovery Science Center is designed to equip underprivileged students with critical thinking, creativity, and innovation skills. The center will deliver immersive, application based learning experiences, supported by year round interventions such as workshops...

Promoter Acquires Equity Shares of Mahendra Realtors & Infrastructure Limited Mahendra Realtors & Infrastructure Limited, formerly known as Mahendra Realtors & Infrastructure Private Limited, has disclosed details regarding the acquisition of equity shares by its promoter, Hemanshu Shah.The disclosure concerns the acquisition of 15,000 equity shares of the company by Hemanshu Shah, who is a Managing Director and Promoter of Mahendra Realtors & Infrastructure Limited.In addition to the insider trading related to the stock, the company also shared market specifications concerning its derivatives contracts on the National Stock Exchange (NSE).Market details pertaining to the derivatives transactions are as follows:Contract...

Kanungo Financiers Board Meeting Set for June 29 to Review Capital Changes and Acquisition Proposal Kanungo Financiers Ltd has scheduled a meeting of its Board of Directors for June 29, 2026, to consider several critical proposals related to the company's capital structure, lending limits, and potential investment opportunities.The board meeting is set to deliberate on matters including altering the Memorandum of Association. The agenda includes approving the proposal for an increase in authorized capital or changes to the object clause of the memorandum, pending subsequent approval by members in a general meeting.Key financial approvals scheduled for discussion include increasing the limit for granting loans and making investments...

Time Securities Services Acquires Shares in Time Technoplast Ltd: Promoter Group Stake Remains Steady at 47.56% Time Securities Services Limited completed the purchase of equity shares in Time Technoplast Limited as part of an inter-se transfer among promoter groups. The acquisition was carried out on June 23, 2026.The transaction involved Time Securities Services Limited acquiring 10,00,000 equity shares of Time Technoplast Limited through the open market. These shares were acquired at an average price of Rs. 178.02 per share.According to details of the inter-se transfer between members of the promoter/promoter group, the acquisition represents a 0.20% stake in the company's total diluted share/voting capital.The transaction was...