Markets

Global Health Ltd Schedules Meetings With Key Asset Managers and Analysts Global Health Ltd has announced a schedule of meetings for its management team to meet selected investors and analysts. These engagements are planned to discuss company affairs across multiple dates in June 2026.The company provided a detailed schedule outlining the specific meetings with key financial institutions, focusing on one to one interactions held virtually.NameDate of MeetingType of MeetingMode of MeetingIKIGAI Asset Manager Holdings Private LimitedJune 26, 2026one to oneVirtualEnam Asset Management Company Private LimitedJune 30, 2026one to oneVirtualIn relation to these scheduled interactions, Global Health Ltd confirmed that no...

Godawari Power and Ispat Ltd commences commercial operations of 6.91 MW Waste Heat Recovery Plant Godawari Power and Ispat Ltd has announced that its 6.91 MW Capacity Waste Heat Recovery Based Power Plant, situated at the Siltara Industrial Area in Raipur, Chhattisgarh, has commenced commercial operations. The operation began on June 23, 2026.The power plant is designed to utilize the waste heat from flue gas generated by the company's Pellet Plant and Ferro Alloys Division. These operations are housed within Godawari Power’s existing Integrated Steel plant located at Siltara Industrial Area in Chhattisgarh.The successful commencement of commercial operations marks a key operational milestone, leveraging industrial processes to...

Advik Capital Receives Provisional Attachment Order from Enforcement Directorate; Company States Normal Operations Continue Advik Capital Ltd has stated that it has received a Provisional Attachment Order issued by the Enforcement Directorate. The company confirmed the receipt of this order on June 23, 2026.The order pertains to ongoing proceedings involving certain foreign entities and SEBI-registered FPIs (Foreign Portfolio Investors). These proceedings involve transactions currently under examination by the authorities, including matters related to their alleged ultimate beneficiaries and alleged third party predicate offences.Advik Capital clarified that no predicate offence has been alleged against the company or its Promoters...

Nelco Ltd Announces Senior Management Changes; Brajendra Urmalia Appointed Head of Products & Solutions Nelco Ltd has announced changes in its senior management personnel, including the resignation of Jitender Ahuja and the appointment of Brajendra Urmalia as Vice President and Head of Products & Solutions.Mr. Jitender Ahuja tendered his resignation from the position of Senior Vice President - Products & Solutions, stating that the move was to pursue personal aspirations. The Company accepted his resignation, effective June 30, 2026. Mr. Ahuja previously served at Nelco for five and a half years, during which the organization transitioned from a pure-play geostationary VSAT service provider into a multimedia, multi-orbit managed...

IDBI Bank Set Board Meeting to Consider Early Redemption of Rs 5 Crore Senior Bonds IDBI Bank Ltd has scheduled a meeting of its Board of Directors to discuss the proposal for the early redemption of a series of senior bonds. The board meeting is slated for Tuesday, June 30, 2026.The central agenda item for the meeting is the consideration of early redemption relating to three Unsecured Redeemable Non-Convertible Senior Bonds. These bonds amount to Rs 5 crore and were initially issued during the financial years FY 2008-09 and FY 2009-10.IDBI Stock Price Movement IDBI Bank Limited shares slipped by 2.14% today, closing at ₹85.96 after posting a change of ₹1.88. The equity traded on 17.54 million shares in the post-market session.

Aureate Tradde Ltd States No Undisclosed Information Linked to Share Price Movement at BSE Aureate Tradde Ltd has addressed concerns regarding the movement of its stock price at the Bombay Stock Exchange (BSE), stating that there is no undisclosed or price-sensitive information related to the company at this time.The company clarified that it regularly provides necessary updates and information concerning all events that impact its operation and performance to BSE Limited.In response to inquiries regarding recent share volatility, Aureate Tradde Ltd asserted that the movement in its security's price is solely due to market conditions. The management stated that such movements are market driven and are beyond the company's control or...

Kalyani Commercials Limited Appoints DCJ & Associates as Internal Auditors Kalyani Commercials Limited has approved the appointment of M/s DCJ & Associates, a reputable Chartered Accountants firm, to serve as the Internal Auditors for the company for the Financial Year 2026-27.The decision was reached during a Board meeting held on June 23, 2026.M/s DCJ & Associates has been appointed under Section 138 of the Companies Act, 2013, to conduct the Internal Audit for the specified financial year. The appointment is classified as a re-appointment.As per the provided details, M/s DCJ & Associates was established in 2009. The firm consists of five Chartered Accountant partners and collectively possesses more than 30 years of experience...

Enforcement Directorate issues Provisional Attachment Order concerning transactions involving foreign entities in EBIX Limited securities EBIX LIMITED (formerly Eraaya Lifespaces Limited) has been informed of a Provisional Attachment Order issued by the Directorate of Enforcement related to transactions involving certain foreign entities and SEBI registered FPIs that held stakes in the company's securities. The order was received on June 23, 2026.The Order pertains to proceedings conducted under the Prevention of Money Laundering Act, 2002. It involves the examination of transactions concerning these foreign entities, their alleged ultimate beneficiaries, and alleged third-party predicate offences.The company stated that neither...

Solara Active Pharma Sciences Receives Upgraded Credit Ratings for Rs 791.2 Crore Bank Loan Facilities from Crisil Solara Active Pharma Sciences Ltd has received updated credit ratings from Crisil Ratings Limited concerning its bank loan facilities, which total Rs 791.2 Crore. The rating assessments reflect improvements across both long-term and short-term instruments.Crisil Ratings upgraded the company's Long Term Rating to BBB+/Stable (upgraded from 'Crisil BBB / Stable') and elevated the Short term Rating to A2 (upgraded from 'Crisil A3+'). These ratings cover the facilities provided by various banks and financial institutions.The assessment pertains to a total of Rs 791.2 Crore in bank loan facilities, covering both long-term...

Balkrishna Industries Ltd.'s Deputy CFO Resigns, Set for Transition on July 25th Balkrishna Industries Limited has confirmed that Mr. Ravi Narayan Joshi, who held the position of Deputy Chief Financial Officer (Senior Management Personnel), has resigned from his services with the company.Mr. Joshi tendered his resignation on June 22, 2026. The departure will be effective at the close of business hours on July 25, 2026. He stated that the reason for his resignation is to pursue the next phase of his professional journey. The company has received confirmation from Mr. Joshi affirming that there are no material reasons for his resignation apart from those specified.During his tenure at Balkrishna Industries Limited, which spanned 5.5...

Curis Lifesciences Reports FY26 Revenue Growth of 21.16%; Strategic Investments Bolster Long-Term Expansion Plan Ahmedabad, India | June 23, 2026Curis Lifesciences Limited, a pharmaceutical and healthcare products company, reported substantial revenue growth during the financial year (FY) 2026. The Company achieved total revenue of 6,062.88 Lakhs, marking a 21.16% increase year-over-year. For FY26, Curis also recorded an EBITDA of 1,141.09 Lakhs and a Profit After Tax (PAT) of 691.64 Lakhs.Despite achieving strong top-line growth, management noted that profitability margins were affected during the year due to strategic growth investments, temporary raw material cost pressures, and certain one-time expenses. However, the company...

Repco Home Finance Allots Commercial Papers Worth Rs 75 Crore Repco Home Finance Ltd has completed the allotment of Commercial Papers (CPs) totaling Rs 75 crore. The transaction was finalized on June 23, 2026.The CPs were issued to Kotak Mahindra Bank Limited. The instrument was unlisted and carried a coupon rate of 7.75%. Repco Home Finance Ltd has specified that no special rights are attached to the Commercial Papers.The details pertaining to the allotment of these instruments, which feature an ICRA A1+ rating, are as follows:Description of the InstrumentDetailsIssue SizeRs 75 CroreName of InvestorKotak Mahindra Bank LimitedDate of Allotment23-06-2026Coupon Rate7.75%Name of Issuing and Paying AgentThe Federal...

Mihika Industries Appoints Sarang Shivajirao Chavan & Associates as Internal Auditor for FY 2026-27 Mhika Industries Ltd has appointed M/s Sarang Shivajirao Chavan and Associates, a chartered accounting firm based in Ahmedabad, to serve as the Internal Auditor of the company for the financial year 2026-27. The appointment was formalized following a meeting of the Board of Directors held on June 23, 2026.M/s Sarang Shivajirao Chavan and Associates (FRN: 159649W) has been appointed to this role. The firm is described as a professionally driven advisory and assurance entity committed to delivering reliable, ethical, and client-focused solutions. They specialize in various areas including Statutory Audit, Tax Audit, Internal Audit, GST...

Niva Bupa Health Insurance Allots 14,76,432 Equity Shares Under ESOP Schemes Niva Bupa Health Insurance Company Ltd announced the allotment of 14,76,432 equity shares following the exercise of options by eligible grantees under its employee stock option plans. The shares were allotted on June 23, 2026, across two specific schemes: the Niva Bupa Employee Stock Option Plan 2020 and the Niva Bupa Employee Stock Option Plan 2024.The allotment details show a split of the new equity between the two existing ESOP plans. A total of 14,76,432 shares were issued, with face value set at ₹10 each.Key figures regarding the ESOP allotment are presented below:ESOP SchemeNumber of Equity Shares AllottedESOP Scheme 20202,42,855ESOP Scheme...

RBI Initiates ₹30,000 Crore G-Sec Buyback Auction | Details on Securities and Market Timeline The Reserve Bank of India (RBI) has announced a significant buyback operation for specific Government of India Dated Securities. This auction aims to manage the supply and demand dynamics within the debt market. The securities are being offered for purchase by the public through an organized process run by the RBI.Scope and Scale of the G-Sec Buyback The government has set aside an aggregate face value of ₹30,000 crore for this buyback initiative. This substantial scale highlights the RBI's role in active market intervention. The purchase of these specific securities is designed to meet targeted financial objectives outlined by the Ministry...

Redington's SSG Reaches $2.2 Billion, Focuses on Orchestration and AI for Future Growth Redington Limited showcased the rapid expansion of its Software Solutions Group (SSG) during an Investor Event held on June 17, 2026. Management highlighted how SSG has transformed from a transactional distributor to a solution orchestrator, driving high-growth segments across cloud, software, and security services while setting ambitious revenue goals for the next three years.According to the event details, SSG is currently valued at $2.2 billion globally, representing 17% of the overall top line of Redington Group. This marks an increase from 12% two years prior, demonstrating that the segment is outpacing the growth rate of the core hardware...

Infosys Expands Multi-year Collaboration with GlobalFoundries to Drive AI Transformation of IT Operations Bengaluru, India - June 23, 2026: Infosys, a global leader in AI-first business consulting and technology services, announced an expanded multi-year collaboration with GlobalFoundries (GF), a leading semiconductor manufacturer. The partnership is designed to deliver comprehensive AI-led managed services across GF's entire enterprise IT landscape.Through this engagement, Infosys will manage all of GF’s application, infrastructure, data, and service desk operations. GlobalFoundries selected Infosys based on its demonstrated track record as an incumbent technology provider and its specialized expertise within the semiconductor...

Promoter Group Member Sells 320,000 Shares of Adishakti Loha and Ispat Ltd in Open Market Adishakti Loha and Ispat Limited (AFLOAT ENTERPRISES LIMITED) has reported that a member of its promoter group sold 320,000 shares on the open market.The transaction details pertain to the selling activity carried out by the promoter group member. The sale was conducted in the Open Market.Stock Price Movement Adishakti Loha and Ispat Ltd finished the trading day at ₹14.49, ticking up by 0.42%. Shares traded throughout the session within a range bounded by a low of ₹13.35 and a high of ₹14.65.

Kirloskar Brothers Ltd. Clarifies Status Following Inquiry Over Stock Volume Movement Kirloskar Brothers Limited, a member of the Kirloskar Group, issued a clarification regarding its stock movement following an inquiry received from surveillance authorities concerning a significant increase in the volume of its security across various Stock Exchanges.In response to the query related to the substantial surge in trading volumes, the company confirmed that it has been diligently providing all necessary information and events that impact the operations or performance of Kirloskar Brothers Limited. This includes making timely disclosures of all price sensitive material information to the relevant exchanges.The statement further...

Dhruv Consultancy Services Incorporates Subsidiary to Execute Wayside Amenities Project Dhruv Consultancy Services Ltd has made an update regarding the incorporation of a subsidiary company. The move is specifically linked to undertaking a project concerning the development, operation, and maintenance of Wayside Amenities, as defined by a recent Letter of Award (LOA).The Company stated that the newly incorporated entity is intended solely for the execution of this specific project. Although the incorporation has occurred, Dhruv Consultancy Services Ltd has not yet made any investment into the share capital of the subsidiary company. However, the parent company has committed, in line with the subscription clause outlined in the...