Markets

Pyramid Technoplast Limited Appoints Ms. Chandrika Khatri as Company Secretary and Compliance Officer Pyramid Technoplast Limited has appointed Ms. Chandrika Khatri as the new Company Secretary and Compliance Officer following a decision made at its Board meeting on June 22, 2026. The appointment designates Ms. Khatri as part of the Key Managerial Personnel structure of the company.The appointment is effective immediately, with the company stating that Ms. Chandrika Khatri will serve in this capacity as the Company Secretary and Compliance Officer.Details regarding the appointed professional are provided below:ParticularsDetailsRoleCompany Secretary and Compliance Officer (Key Managerial Personnel)Reason for...

EPACK Durable Shares Surge 16% as Voltas Shatters Air Conditioner Sales Milestone within Months EPACK Durable shares saw a significant surge on Monday after its client, Voltas, announced it had crossed the crucial milestone of selling one million air conditioners (ACs) in FY27. The news propelled the stock higher, with EPACK Durable trading at ₹ 259.61 and climbing up 12.68 percent later in the session.Voltas, a major customer for EPACK Durable, is estimated to contribute between 15 and 25 percent of EPACK's revenue. EPACK functions as a key original design manufacturer (ODM) and contract manufacturing partner, supplying room ACs and essential components to the Tata Group company.Voltas Achieves One Million AC Sales Milestone in...

Knowledge Realty Trust Allots Non-Convertible Debentures Worth INR 600 Crores in Private Placement Knowledge Realty Trust has approved the allotment of secured, non-convertible debentures (NCDs) amounting to an aggregate principal value of INR 6,00,00,00,000/-. The decision was taken by the Borrowing Committee of Knowledge Realty Office Management Services Private Limited, Manager to Knowledge Realty Trust, through a resolution passed on June 19, 2026.The allotment involves rupee denominated, listed, rated, secured, and transferable NCDs, each having a face value of INR 1,00,000/-. The offering was completed on a private placement basis and is scheduled for listing on BSE Limited, according to the terms outlined in the Key Information...

Water Governance Crisis Looming: Moody’s Warns Fragmented Management Could Drag Down Indian Economy Fragmentation in Water Management Threatens Fiscal Stability Moody's Ratings warned on Monday that India's fragmented water governance structure poses a significant threat to the nation's economic stability. The rating agency highlighted how the combination of highly subsidized pricing and slow resource reallocation among various sectors creates a heightened risk of sustained fiscal pressure.The report emphasizes that allocation frameworks, which dictate how water supply is prioritized, priced, and distributed across agriculture, industry, and households, are critical determinants of economic resilience in stressed water systems. These...

Geopolitical Shift: Will US-Iran Ceasefire Trigger Billion Dollar Influx into Indian Equity Markets? The news of a diplomatic breakthrough between the United States and Iran has sent ripples across global financial markets. The geopolitical thaw represents more than a mere political concession; it is seen by analysts as a potential catalyst for heightened global trade stability. Investors are intensely monitoring how this trilateral shift in Middle East relations will translate into domestic capital flows into Indian equities.The prevailing sentiment among market observers is one of cautious optimism. A successful peace initiative between these two key regional players could significantly de-risk international commodity and energy...

Active Clothing Co. Limited Recognized Under Pradhan Mantri Viksit Bharat Rozgar Yojna Initiative Active Clothing Co. Ltd. has been felicitated under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), a key Government of India initiative aimed at boosting employment, skill development, and formal workforce participation.The recognition event featured a virtual address delivered by Prime Minister Narendra Modi, where themes such as job creation and strengthening employment systems were highlighted. This milestone significance for Active Clothing Co. stems from several employees who were among the beneficiaries recognized under the scheme.As a leading apparel manufacturing company committed to responsible growth and employment...

Emerald Finance Partners with Pipeline Engineering Consultants to Launch EarlyWage-Access Program Emerald Finance Ltd has formalized a strategic partnership with Pipeline Engineering Consultants Pvt. Ltd., based in Uttar Pradesh, to introduce its specialized EarlyWage-Access program. This collaboration is set up to provide instant financial assistance and relieve employees throughout the month.The company's initiative is driven by its commitment to expanding its offerings and serving retail customers. The core of this solution is a salary advance product that involves tying up with employers. Through this arrangement, Emerald Finance aims to offer short term loans directly as a salary advance.Once availed, the amount provided...

Orbit Exports Limited Accepts Resignation of Executive Director Birendranath Bandyopadhyay Orbit Exports Limited has accepted the resignation of Mr. Birendranath Bandyopadhyay from his position as Executive Director, the company announced today. The resignation was tendered by Mr. Bandyopadhyay via email on June 22, 2026.The company confirmed that it has accepted the resignation. Mr. Bandyopadhyay will be relieved of all duties effective from the closure of business hours on Tuesday, June 30, 2026.The departure details have been officially recorded by the company. The reason for the change is stated as resignation.Key details regarding the Executive Director's cessation are summarized in the table below:ParticularDetails...

NFP Sampoorna Foods Expands Operations with Cashew Nut Shell Liquid (CNSL) Extraction Facility NFP Sampoorna Foods Limited, an established dry-fruit sourcing and processing company, has announced a significant expansion of its value chain by introducing a Cashew Nut Shell Liquid (CNSL) extraction facility at its Neemrana manufacturing complex in Rajasthan. This move positions the company to build a fully integrated and sustainable cashew processing ecosystem by monetizing previously utilized cashew shell by-products.The proposed facility is designed to process up to 1,000 MT of cashew shells per month. This expansion aims to maximize value realization across the entire cashew processing cycle through in-house extraction.Transforming...

Tulive Developers Ltd Launches Exit Offer for Voluntary Delisting from BSE Tulive Developers Limited is undergoing a voluntary delisting process as it prepares to be acquired. Altis Properties Private Limited and GKS Technology Park Private Limited, collectively referred to as the Acquirers, are proposing to acquire all equity shares held by Public Shareholders. The process is managed by Saffron Capital Advisors Private Limited, who serve as the Manager to the Delisting Offer.The Delisting Proposal aims to acquire all Equity shares currently held by public shareholders and consequently voluntarily delist the company from the BSE, in accordance with SEBI (Delisting of Equity Shares) Regulations, 2021. The Persons Acting in Concert...

PTC India Financial Services Extends Chief Risk Officer Tenure for Two Years PTC India Financial Services Limited has extended the tenure of its Chief Risk Officer, Shri Devesh Singh, reflecting strong confidence in his capabilities and expertise within the financial services sector. The Board of Directors granted a further two-year extension to Mr. Singh's role, effective from June 26, 2026.Mr. Singh will continue serving as both Key Managerial Personnel and Senior Managerial Personnel of the Company following the extension. This latest decision comes after his previous tenures cemented his standing in risk management at the firm. He was initially appointed as Chief Risk Officer in 2019 for a two-year term (2019-2021) and was...

AMFI Reclassification Shakeup: BSE, Vodafone Idea Target Large-Cap Surge as Lodha, Indian Hotels Face Downgrade Risk The Association of Mutual Funds in India (AMFI) categorisation is set to undergo significant changes, signaling major shifts in the corporate structure of key listed companies. According to a report by Nuvama Alternative & Quantitative Research, several established entities are poised for an upgrade into the large-cap segment, while others face potential slippage down to mid-cap status.Companies Poised for Large-Cap Ascent Several firms are estimated to join the esteemed large-cap universe in the upcoming AMFI H2 CY26 review. The list of potential entrants includes BSE and Vodafone Idea, which are expected to meet the...

Rupee Nears 94 Mark as Crude Falls; RBI Intervention Looms Over Further Strengthening The Indian rupee is showing signs of gradual recovery, having gained nearly one percent after recent global tensions eased and Brent crude prices dropped sharply. Despite the cooling commodity market, market participants suggest that the Reserve Bank of India (RBI) may limit further gains if the currency strengthens substantially beyond the 94-per-dollar mark.The rupee strengthened to as much as 94.17 per dollar last week, marking its strongest level since April. As of Monday at 1200 IST, the currency was trading around 94.41 per dollar. This movement follows a significant retreat in crude oil prices, which had previously surged above $125 per barrel...

Videocon Group to Hold 62nd Meeting of Consolidated Committee of Creditors on June 23, 2026 Videocon Industries Limited and its affiliates have scheduled the 62nd meeting of the consolidated Committee of Creditors (CoC). This meeting is part of a consolidated corporate insolvency resolution process involving Videocon Industries Limited and twelve other companies within the Videocon group.The gathering of creditors is set to take place on Tuesday, June 23, 2026. The meeting pertains to the ongoing corporate insolvency resolution process initiated against Videocon Industries Ltd., following previous orders by the NCLT dated June 6, 2018, and subsequent orders dated August 8 and September 25, 2019.The consolidated Committee of...

CCI Unleashes Financial Fury: Record Fines And Digital Scrutiny Force Indian Firms to Rebuild Compliance Strategy The perception of competition law in India is undergoing a dramatic shift. What was once viewed as a niche legal concern handled by compliance departments has rapidly transitioned into a core boardroom priority. The Competition Commission of India (CCI) has dramatically increased its enforcement intensity, signaling that anti-competitive behavior carries profound financial and reputational risks for modern corporations.Data compiled by competition law experts shows the scale of this transformation. Over five financial years, the CCI has imposed penalties exceeding Rs 4,225 crore across 54 distinct cases. This escalating...

Credent Global Finance Ltd Renamed as AMPL Capital Limited following Regulatory Approval AMPL Capital Limited has officially changed its corporate name from Credent Global Finance Limited. The change was formally approved by the Registrar of Companies, ROC Mumbai, and certified on June 20, 2026.The company, which was previously known as Credent Global Finance Limited, has adopted AMPL Capital Limited as its new identity. Corporate records indicate that the company was originally incorporated under the name ORACLE CREDIT LIMITED.Following the approval of this change by the government authority, the company has commenced the process required to implement the name transition across all relevant departments and regulatory bodies.Stock...

IBM CEO Challenges AI Bubble: Is Trillion-Dollar Race for AGI Economically Viable? IBM Chairman and Chief Executive Officer Arvind Krishna has injected a note of caution into the frenetic pace of artificial intelligence infrastructure expansion. He directly questioned whether the monumental scale of capital commitments being made by major tech players can realistically yield returns given current assumptions about Artificial General Intelligence (AGI).The Economics of Gigawatt Spending Krishna laid out stark figures regarding the cost structure of advanced AI computing. He stated that it costs approximately $80 billion to fill a single gigawatt data centre at today's price points. Scaling this up, he noted that committing 20 to 30...

Value Industries Ltd Schedules 62nd Meeting of Consolidated Committee of Creditors Value Industries Limited has announced the scheduling of its 62nd meeting of the consolidated Committee of Creditors (CoC). This meeting pertains to the ongoing corporate insolvency resolution process involving Value Industries Limited and other members of the Videocon group.The consolidated Committee of Creditors is set to meet on Tuesday, June 23, 2026.This gathering involves all companies within the scope of the consolidated corporate insolvency resolution process. The meeting details relate to regulatory requirements under the ongoing resolution proceedings for the entity.Key operational details regarding the committee meeting are summarized...

Equity Market Structural Shift: Why Real Assets Are Surging Past Financials as FII Focus Changes India's equity market appears poised for a significant structural transition. The traditional role of financials as the default proxy for India's economic growth is steadily eroding, according to Avendus Wealth Management. This shift signifies that investors are actively broadening their focus beyond legacy sectors in pursuit of genuine growth drivers.The Decline of Financials as an Investment Proxy For years, financial stocks were a primary way for global investors to gain exposure to the Indian economy. When India was viewed as a smaller component of the worldwide investment scene, buying financials offered a direct route into economic...

Touchwood Entertainment Limited Incorporates Subsidiary for Real Estate Development Touchwood Entertainment Limited has established a new entity, TouchTown Ventures Private Limited, which is set to function as its dedicated real estate arm. The subsidiary was formally incorporated and became operational on June 20, 2026, positioning the company to enter the property development sector.The newly formed company is designated to act as real estate developers, builders, contractors, and property managers. Its core mandate includes acquiring and utilizing development rights, approvals, and related assets for the commercial exploitation and development of real estate projects.TouchTown Ventures Private Limited is incorporated in India and...