Markets

Arbitrage Surge! quant Mutual Fund Launches New Hybrid FoF to Capture Debt and Derivatives Gains quant Money Managers Limited has introduced a specialized investment vehicle: the quant Income Plus Arbitrage Active FoF. This new open-ended Fund of Fund (FoF) scheme is designed for investors seeking long-term capital appreciation and stable income by targeting investments in Arbitrage and actively managed Debt Mutual Fund Schemes.This launch marks the first Hybrid FoF product from quant Mutual Fund, aiming to combine the stability of debt exposure with the opportunities presented in arbitrage strategies. The scheme offers units at NAV-based prices on all business days, allowing continuous investment access.Investment Mandate and...

Indri Adopts IMWA Certification Hologram to Reinforce Authenticity in Indian Single Malt Whisky Piccadily Agro Industries Ltd has announced that its brand, Indri, will begin carrying the Indian Malt Whisky Association (IMWA) Certification Hologram on its bottles. This move is designed to affirm commitment to authenticity and uphold globally recognized whisky-making standards as Indian single malts continue to grow in global stature.The introduction of the IMWA Certification Hologram marks a significant step for the domestic single malt industry, serving as a visible symbol of authenticity for consumers, retailers, distributors, and enthusiasts worldwide. The certification confirms adherence to stringent production standards set by the...

SEBI Compliance Watch: Immediate Relative Gifts Share Holding in Disha Resources Limited; Regulatory Disclosure Made A material compliance filing concerning internal share transfers has been made regarding Disha Resources Limited, as disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure pertains to the transfer of equity shares by an immediate relative of a promoter.The transaction involved the disposal or gift of shares held by Radhadevi Premnarayan Maheshwari. This action was formalized through an off-market inter-se transfer, specifically executed as a gift.Details of Share Transfer in Disha Resources Limited The registered details confirm that Radhadevi...

Kotak Mahindra Launches Infinity Equity Long-Short Fund to Chase Capital Appreciation with 25% Unhedged Short Exposure Mumbai: Kotak Mahindra Mutual Fund has announced the launch of its new Specialized Investment Fund, the INFINITY Equity Long-Short Fund. This SIF is positioned as a high-conviction equity vehicle designed for investors seeking aggressive long-term capital appreciation in dynamic market environments. The fund aims to capitalize on potential upward movements while simultaneously mitigating risks through disciplined short selling strategies.The fund will be available with units offered at ₹10/- each during the New Fund Offer (NFO). It is part of a growing push by Asset Management Companies (AMCs) to incorporate complex...

Kolkata Metro Adopts ABB Electrification and Motion Control Solutions to Boost Efficiency and Safety Kolkata Metro, India's first metro railway established in 1984, has partnered with ABB to significantly enhance the efficiency, reliability, and safety of its expanding urban transit network. The partnership involves deploying advanced electrification and motion-control solutions across key infrastructure facilities within the system.The 72-km metro system currently operates over 300 train trips daily, serving more than half a million passengers, contributing substantially to alleviating traffic congestion and promoting sustainable mobility in Kolkata.A comprehensive range of ABB Electrification solutions has been deployed throughout...

ACRE Acquires Shares of VISA Chrome Ltd, Increasing Stakeholder Holding Assets Care & Reconstruction Enterprise Limited (ACRE) has acquired shares in VISA Chrome Limited, increasing its stake in the company. The acquisition was executed through the open market and represents a significant addition to ACRE's holding in the target company.The acquisition took place on June 22, 2026, as part of a larger sales period that ran from June 10, 2026, to June 22, 2026.ACRE, acting as the sole trustee for various trusts—including ACRE-32-Trust, ACRE-42-Trust, and others mentioned in the disclosure—acquired 48,75,572 shares of VISA Chrome Limited (formerly known as VISA Steel Limited). This transaction accounted for 3.34% of the total...

Suncare Traders Increases Stake in Shree Ganesh Bio-Tech Through Open Market Purchase Suncare Traders Ltd has acquired shares of Shree Ganesh Bio-Tech (India) Limited through an open market transaction, resulting in a reduction in its holding. The acquisition was conducted over a period spanning from April 1, 2026, to June 22, 2026.The acquisition pertains to the target company, which is listed on the BSE Limited. Suncare Traders Ltd holds no promoter status regarding either of the companies involved in this transaction.Details regarding the shift in holding are presented below:MetricBefore Acquisition HoldingAcquisition Details (Open Market)After Acquisition HoldingShares Carrying Voting Rights1,34,58,166 (5.28%)Acquired...

MAS Financial Services Allots INR 140 Crore in Senior Secured Debentures via Private Placement MAS Financial Services Limited has successfully allotted a tranche of senior secured debentures through a private placement, raising an aggregate nominal value of INR 140,00,00,000. The instrument is a non-convertible security and has been rated "CARE AA- (Stable)" by CARE Ratings Limited.The allotment was completed on June 24, 2026. These debentures are denominated in Indian Rupees (INR), carrying a face value of INR 1,00,000 each. The company allotted 14,000 such debentures, marking the post-allotment outcome from an initial issue size that included a green shoe option.The MAS Financial Services Limited debentures are scheduled for...

Saurabh Goyal Acquires 33.74% of Nureca Ltd Shares in Inter-se Transfer Among Promoters Nureca Limited is undergoing a change in its promoter shareholding structure as Saurabh Goyal, a sole promoter of the company, initiates the acquisition of shares from other members of the promoter group. The proposed transaction involves an inter-se transfer and is slated to take place on or after July 01, 2026.The acquisition targets equity shares from two individuals within the promoter group: Mr. Aryan Goyal and Mrs. Payal Goyal.According to the disclosed details, Saurabh Goyal will acquire a total of 3,219,113 shares. This transaction represents 33.74% of the target company’s share capital. The proposed acquisition is scheduled for on or...

ConnectM Technology Solutions Inc Acquires 17.33% Stake in Blue Cloud Softech Solutions Ltd ConnectM Technology Solutions, Inc. has acquired a significant stake in Blue Cloud Softech Solutions Limited through a targeted capital transaction. The acquisition involved the purchase of equity shares, boosting ConnectM's holding to 17.33% of the total paid-up equity share capital of Blue Cloud Softech.The transaction was executed via a preferential allotment of equity shares on June 17, 2026.This investment increased the overall share capital and diluted voting capital of Blue Cloud Softech Solutions Ltd. Post-acquisition, the company's total diluted share/voting capital stood at 92,30,81,600 shares.Details of the share capital before...

Shree Marutinandan Tubes Ltd Secures Order from Mehta & Associates for Fire Fighting Systems at POWERGRID Kurnool Project Shree Marutinandan Tubes Limited has secured a purchase order valued at ₹ 0.7617 Crore (Rs. 76,16,620/-) to execute fire fighting work for the POWERGRID Kurnool Transmission Limited project in Andhra Pradesh. The order was awarded by Mehta & Associates Fire Protection Systems Pvt Ltd on June 23, 2026.The contract involves the design, supply, testing, erection, and commissioning of a complete Hydrant System, a conventional Fire Detection & Alarm System, and a High Velocity Water Spray (HVWS) System at the POWERGRID Kurnool Transmission Limited site in Manukurthi Village, Adoni, Andhra Pradesh. The company confirmed...

Dhara Rail Projects Limited Secures Rs 2.04 Crore Contract for Engine and Wagon Maintenance Services Dhara Rail Projects Limited has secured a two-year service contract valued at Rs 2,04,15,638.83. The order pertains to the repair and maintenance of Cummins Engines and Major Components of 8-Wheeler Tower Wagons under the Lumding Division.The work order was received from Sr. DEE/TRD/LMG of the Lumding Division Electrical Office in Assam, India. The contract involves comprehensive maintenance services for these components across KYQ, CPK, SCE, and LMG Depots within the scope of the Lumding Division.The contract, which covers a two-year period, is categorized as a domestic engagement.Key details regarding the secured order are...

Nakoda Logistics Sells Shares of Virgo Global Ltd in Open Market Shri Nakoda Logistics Private Limited has completed the disposal of a portion of its stake in Virgo Global Ltd through an open market transaction that took place on June 17, 2026. The sale was part of the company's share adjustments in relation to the target entity.The acquisition/disposal concerns Shri Nakoda Logistics Private Limited, which holds a Promoter status, and pertains to Virgo Global Ltd., which is listed on the BSE.Prior to the transaction, Shri Nakoda Logistics Private Limited held 3,254,150 shares in Virgo Global Ltd., representing 30.98% of the total share capital. The equity share capital of Virgo Global Ltd. before the said acquisition was reported at...

Sanstar Limited Approves Preferential Allotment and Key Board Appointments Sanstar Limited, during its board meeting held on June 24, 2026, approved several key corporate decisions, including the preferential allotment of equity shares and the appointment of two directors to the company. The successful issuance boosted the company's total issued capital.The board ratified the preferential allotment of 18,024,157 fully paid up Equity Shares to Corn Products Development Inc., a Delaware incorporated entity based in the USA. The allotment was executed at an issue price of ₹110 per share, which includes a premium of ₹108 over the face value of ₹2 per share.This transaction resulted in the total aggregate consideration for the shares...

Promoter PACs Execute Share Sales of Adishakti Loha and Ispat Ltd Adishakti Loha and Ispat Limited has seen its Persons Acting in Concert (PAC) execute significant open market sales of equity shares, involving members of the Promoter group. The sales, which occurred across multiple dates in June 2026, represent a disposal of shares by Pawan Kumar Mittal and Kiran Mittal.The sales transactions were conducted through the open market for Adishakti Loha and Ispat Ltd securities.Details of Share Disposals The aggregate sale involved members of the promoter group, including Pawan Kumar Mittal and Kiran Mittal. The details of the share disposals are as follows:ShareholderTransaction DateShares Sold (Equity)Pawan Kumar MittalJune 19...

Equitas Small Finance Bank Grants 3 Lakh Stock Options Under Employee Scheme Equitas Small Finance Bank Ltd has approved the grant of stock options to an eligible employee under the ESFB Employee Stock Option Scheme, 2019. The decision was made by the Nomination & Remuneration Committee at a meeting held on June 24, 2026.The committee sanctioned the grant of 300,000 stock options. These options are linked to an exercise price of Rs 77.08 per share and are governed by the terms established in the ESFB Employee Stock Option Scheme, 2019. The shares arising from these grants will be pari-passu with existing equity shares concerning dividend and all other aspects.The options grant is tied to a four-year vesting period, commencing from...

EMS Ltd Clarifies Price Movement Citing No Undisclosed Material Information EMS Ltd has confirmed that there is no pending or undisclosed material information that could affect the operation or performance of the company, addressing recent inquiries regarding stock price movements.The company stated that any movement observed in the volume of its shares is market driven. This clarification was provided to address concerns related to fluctuations and market sentiment surrounding the stock.EMS Ltd reiterated that it remains committed to adherence to all applicable laws concerning corporate governance and operations.EMSLIMITED Stock Price Movement As of 10:47 AM, shares of EMS Limited are shedding value by 6.16%, currently trading at...

KOSPI Surges as Asian Stocks React to Tech Volatility Amid Global Equities Outlook Asian markets presented a mixed picture on June 24, as South Korea’s Kospi Index managed a rebound after enduring one of its steepest single-day declines on record. The benchmark index climbed approximately 1.5 percent, following the prior session where it plunged by 10 percent, triggering a circuit breaker in the market.Meanwhile, regional markets showed varied performance. Hong Kong’s Hang Seng and China’s Shanghai Composite posted marginal gains. In Japan, the Nikkei slipped 1 percent, while Taiwan’s Taiex Index fell 2 percent. Both India’s Sensex and Nifty also traded marginally higher.Semiconductor Stocks Drive Korean Market Recovery The recovery...

Koriander Consultants LLP Acquires Equity Shares in Callista Industries Ltd through Preferential Allotment Koriander Consultants LLP has completed a preferential allotment of equity shares in Callista Industries Ltd. The transaction involved the issuance and receipt of 10,00,000 equity shares by the consulting firm.The shares were allotted to Koriander Consultants LLP on June 22, 2026. These equity shares had a face value of Rs. 10/- each.This acquisition represents a material change in ownership structure within Callista Industries Ltd. The transaction details indicate that the acquired shares constituted 24.71% of the total share/voting capital and 3.34% of the total diluted share/voting capital of the target company.Financial...

Promoter Group Acquires Shares of NINtec Systems Ltd in Open Market Transaction NINtec Systems Ltd reported a share acquisition by promoter individuals from the open market. The transaction saw Niraj Chhaganraj Gemawat, along with associated Persons Acting in Concert (PACs), increase his holding in the company shares.The acquirer is identified as Niraj Chhaganraj Gemawat, and the PACs include Rachana Gemawat Chhaganraj Gemawat, Sumanlata Gemawat, and Indrajeet Mitra. The acquisition was conducted through the open market mode on June 22 and 23, 2026.The transaction details reflect a steady increase in the promoter group's stake in NINtec Systems Ltd, which is listed on the BSE and National Stock Exchange of India Limited (NSE).A...