Markets

DJ Mediaprint & Logistics Recommends Dividend of 0.5% Per Share; Sets Record Date for July 6, 2026 DJ Mediaprint & Logistics Limited (formerly D J Logistic Solutions Private Limited) has announced a recommendation of a final dividend for the Financial Year (F.Y.) 2025-2026. The Board of Directors recommended a dividend of Re. 0.15/- per equity share, representing 0.5% of the Rs. 10/- face value of the stock.The payment of this dividend is contingent upon approval by the Members at the company's 17th Annual General Meeting (AGM).Key dates related to the dividend entitlement and the AGM have been established:Record Date: The record date for determining shareholders entitled to receive the dividend for the financial year ended March...

Veejay Lakshmi Engineering Works Approves Borrowing Limit and Asset Disposal Plans Veejay Lakshmi Engineering Works Ltd., on June 20, 2026, held a Board meeting during which it approved several significant corporate proposals related to the company's operational structure, financial flexibility, and asset management. The Board members reviewed and sanctioned measures requiring future shareholder approval via special resolution.The board authorized the company to borrow up to an amount not exceeding Rs. 70 Crores. This authorization is granted in accordance with Section 180(1)(c) of the Companies Act, 2013, specifically allowing borrowing beyond the paid-up share capital and free reserves.In governance updates, the company approved a...

Voltas crosses 1 Million AC Sales Milestone in FY 26-27, Reinforcing Dominant Leadership in Indian Market Voltas Limited, India's No. 1 AC brand and a Tata Product, has achieved a significant industry milestone by surpassing one million air conditioner sales in the current fiscal year (FY 26-27). This achievement underscores Voltas' strong market position and enduring leadership within the Indian Room Air Conditioner sector.The sale of one million units reflects robust consumer demand and customer trust, alongside the Company's continued focus on innovation, execution excellence, and strategic market expansion. To commemorate this success, Voltas has launched a nationwide campaign titled 'India's First. Keeping India First,'...

Larsen & Toubro's Subsidiary Incorporates LTN Compute Private Limited to Focus on AI Infrastructure Larsen & Toubro Limited, through its subsidiary Vyoma.AI Limited, has established a new wholly owned entity in the technology sector. The company announced that LTN Compute Private Limited (LTNCPL) was incorporated on June 20, 2026.The newly formed company is designated to focus on establishing AI compute infrastructure and providing technology enabled services. This move represents an expansion of Larsen & Toubro's corporate structure into the specialized fields of advanced computing and digital services.Vyoma.AI Limited, a wholly owned subsidiary of Larsen & Toubro Limited, subscribed to 100% equity shares of LTNCPL. The total...

Jattashankar Industries Limited Allots 13 Lakh Warrants at Rs 92 Per Warrant; Receives Second Tranche Payment of Rs 4.54 Crore Jattashankar Industries Limited announced the allotment of 1,305,000 Convertible Warrants following a Board meeting held on June 20, 2026. The warrants grant holders the option to convert each warrant into one Equity Share of face value Rs 10/- within an eighteen-month period from the date of allotment.The Warrants were issued to entities belonging to the Non-Promoter Category and were allotted at an issue price of Rs 92 per Warrant, which includes a premium of Rs 82. The convertible nature means that 75% of the balance consideration must be paid before exercising the option to convert the Warrants into Equity...

Sun Pharmaceutical Acquires 100% of Innovcare Lifesciences in Strategic Move to Bolster Product Portfolio Sun Pharmaceutical Industries Limited has entered into an agreement to acquire 100% of the outstanding shares of Innovcare Lifesciences Private Limited. The acquisition is set up as a strategic investment aimed at strengthening the product portfolio of Sun Pharma.The transaction involves cash consideration, and the total cost for acquiring the full stake in Innovcare stands at approximately Rs 271.2 Crores.Innovcare Lifesciences Private Limited, based in Mumbai, specializes in the marketing, distribution, and sale of pharmaceutical drugs, nutraceutical, and cosmeceutical products. The company was incorporated on July 21, 2014...

Promoter Pledges Shares in Flywings Simulator Training Centre Limited Ms. Rupal Sanjay Mandavia, a promoter of Flywings Simulator Training Centre Limited, has created an encumbrance over a portion of her equity shares in the company. The pledge was established in favor of Catalyst Trusteeship Limited and is linked to the issuance of Secured Non-Convertible Debentures for the benefit of the listed entity.The transaction details reveal that Ms. Mandavia holds 60,93,414 equity shares of Flywings Simulator Training Centre Limited, representing a 59.87% stake in the company. The creation of the encumbrance specifically covered 14,72,982 equity shares, which corresponds to 14.47% of the total share capital.The pledge was created to...

Himadri Speciality Chemical Limited Opens Mumbai Office to Strengthen Western Region Operations Himadri Speciality Chemical Limited has established a new office in Mumbai, aiming to strengthen its business presence and operational footprint within the Western Region. The opening of this facility marks a strategic move for the company as it continues its business operations.The details of the newly opened Mumbai Office are as follows:Name of the OfficeAddressDate of OpeningMumbai OfficeFleet House, 1st Floor, Andheri - Kurla Rd, Gamdevi, Marol, Andheri East, Mumbai, Maharashtra 400059.20-06-2026The establishment of the office is intended to bolster Himadri Speciality Chemical's operations in the Western Region.HSCL Stock...

Shashijit Infraprojects Updates Litigation Status of Leased Property Dispute in Gujarat High Court Shashijit Infraprojects Ltd., a company recognized for its ISO 9001:2015 certification in construction engineering, provided an update regarding the legal proceedings concerning its leased property acquired from Vapi Municipal Corporation.The matter continues to be pending before the Hon'ble High Court of Gujarat, relating to a dispute over the leased property originally obtained from the Vapi Municipal Corporation (erstwhile Vapi Nagar Palika).As per court updates, the case was scheduled for hearing before the Hon'ble High Court of Gujarat on June 18, 2026. However, the matter could not be heard and has subsequently been adjourned by...

AKSHARCHEM Commissions 2.4 MWp Ground Mounted Solar Power Plant for Captive Consumption AKSHARCHEM has successfully commissioned a new ground-mounted solar power plant, significantly bolstering its commitment to renewable energy initiatives. The facility is located in Village Sardarpura, Ta Jhagadiya, Dist Bharuch.The newly operational plant boasts a capacity of 2.4 MWp (DC) and 1.75 MWp (AC). This solar power generation has been operational since April 24, 2026. The commissioning was formalized following the receipt of a Certificate of Commissioning dated May 12, 2026, from the Gujarat Energy Development Agency (GEDA).The captive power generated by this facility is intended for use at the company's factory located in Dahej...

Subsidiary of Medplus Health Services Limited Receives 10-Day Drug License Suspension Order Optival Health Solutions Private Limited, a subsidiary of Medplus Health Services Limited, has received an order suspending its Drug License for one store located in Pune. The suspension relates to operations conducted at Chowk Saswad Pune and was issued by the Licensing authority of the Food & Drug Administrations in Maharashtra.The action taken involves the temporary suspension of the license for 10 days. This regulatory measure stems from alleged violations under Rule 65 of Drugs and Cosmetics Act, 1940 and Drugs and Cosmetics Rules, 1945.Details regarding the disciplinary action against the subsidiary are presented below...

Sical Logistics Placed Under Enhanced Surveillance Due to IBC Criteria Fulfillment; Weekly Trading Restriction Imposed Sical Logistics Limited has been subjected to an additional surveillance measure by the Stock Exchanges after its equity shares met specific criteria related to the Insolvency and Bankruptcy Code (IBC). The restriction is part of a broader market surveillance framework initiated by regulatory bodies and the exchanges to uphold market integrity and protect investor interests.The company obtained information regarding this matter from the websites of both the BSE Limited and the National Stock Exchange of India Limited, confirming that the placement under additional surveillance is effective as of June 22, 2026.A key...

Aksh Optifibre Limited enters Corporate Insolvency Resolution Process; Claims Invitation Issued M/s Aksh Optifibre Limited has commenced the Corporate Insolvency Resolution Process (CIRP), following a public announcement that invites stakeholders, particularly creditors, to submit their claims. The process initiated under Section 15 of the Insolvency and Bankruptcy Code, 2016, is set to run until December 16, 2026.The company's incorporation details show it was established on March 19, 1986, with its registered office located in Bhiwadi, Rajasthan. The CIRP commencement date for M/s Aksh Optifibre Limited is June 19, 2026.The purpose of the public announcement is to inform all stakeholders about the start of the insolvency process...

KRN Heat Exchanger Receives GST Order from Tax Authority Pertaining to Ineligible ITC Demand KRN Heat Exchanger and Refrigeration Limited has received an order from a State Tax authority regarding the recovery of tax, interest, and penalty related to the Rajasthan Goods and Service Tax Act, 2017 (RGST Act 2017).The Deputy Commissioner of State Tax, Circle Shahjahanpur, Zone: Bhiwadi, Rajasthan, passed the order on May 13, 2026. The company received the communication on June 19, 2026.The action initiated by the GST Authority relates to a demand for ineligible Input tax credit (ITC) for the Financial Year 2025-26.Key details of the order and the associated actions taken are presented below:AspectDetailsAuthorityDeputy...

Power Mech Secures ₹1,008.90 Crore Order for Civil and Structural Works from JSW Thermal Energy Power Mech Projects Limited has secured a significant contract worth ₹1,008.90 Crores from JSW Thermal Energy Limited for civil and structural works related to a major thermal power project in West Bengal.The order pertains to the Civil & Structural Works of the BTG Area for JSW Thermal Energy's 2x800MWThermal Power Project at Salboni, West Bengal. The contract was awarded by JSW Thermal Energy Limited, a domestic entity.This major infrastructure assignment mandates that the work be completed within 36 months from the effective date or commencement of the works.Key details regarding the order are as follows:ParticularDetail...

Ministry of Heavy Industries Approves Proposed Investment by lnovance Automotive in Uno Minda Subsidiary Uno Minda Ltd. has received approval from the Ministry of Heavy Industries regarding a proposed investment by lnovance Automotive (HK) Investment Co. Ltd. into its subsidiary, Uno Minda Auto Innovations Pvt. Ltd.The company confirmed that it obtained the necessary approval on June 19, 2026. This authorization was granted by the Ministry of Heavy Industries, under Press Note 3 of 2020 issued by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry.Uno Minda Auto Innovations Pvt. Ltd., which is a wholly-owned subsidiary of Uno Minda Ltd., will be involved in this proposed investment by...

Greenleaf Envirotech Secures Letter of Intent worth Rs 1.52 Crores from Wipro Enterprises Pvt Ltd Greenleaf Envirotech Limited has secured a Letter of Intent (LOI) valued at Rs 1.52 Crores, inclusive of applicable GST, from M/s. Wipro Enterprises Pvt. Ltd. This contract is expected to bolster the company's order book and enhance its position within the water treatment and environmental infrastructure segment.The LOI covers a comprehensive range of services for Greenleaf Envirotech Limited’s works. The scope includes design, engineering, procurement of materials and bought out components, manufacture, assembly, inspection, and testing. Additionally, the contract involves painting, preservation packing, forwarding, dispatch...

Siyaram Recycling Industries Secures Rs 5,99,14,500 Order from The Supreme Industries Limited Siyaram Recycling Industries Ltd has secured a fixed cost order valued at Rs 5,99,14,500 from The Supreme Industries Limited. The contract involves the supply of MALE INSERT 1/2" HW CPVC & 3/4" AQUA & BRASS 3/4" HW (CPVC) and related items.The order details specify that Siyaram Recycling Industries Ltd will execute the contract within seven days.Key details regarding the order secured by Siyaram Recycling Industries Ltd from The Supreme Industries Limited are presented below:DetailInformationClient EntityThe Supreme Industries LimitedOrder NatureFixed costOrder ValueRs 5,99,14,500Origin of OrderDomestic entityDelivery...

Flywings Simulator Training Centre Approves Allotment of Unlisted Secured Debentures Flywings Simulator Training Centre Limited has announced that its Board of Directors approved the allotment of a tranche of debentures through a private placement. The decision followed resolutions circulated to the Board on June 19, 2026.The company approved the issuance of 200 unlisted, secured, redeemable, fully paid-up, and nonconvertible debentures. These debentures were issued for a total aggregate amount of INR 20,00,00,000 on a private placement basis.The financial details of the debenture allotment are as follows:Financial MetricDetailsType of InstrumentUnlisted, Secured, Redeemable, NonConvertible DebenturesNumber of Debentures...

CRISIL Assigns ESG Ratings to Rallis India Limited Based on Financial Year 2025-26 Data CRISIL ESG Ratings & Analytics Limited (CRISIL) has assessed the Environmental, Social, and Governance (ESG) performance of Rallis India Limited. The ratings were assigned following a review of the company’s disclosures for Financial Year 2025-26 and other publicly available data.The evaluation resulted in two distinct scores for the agricultural inputs firm. CRISIL assigned a 'Crisil ESG' rating of 59, alongside a Core ESG rating of 73 to Rallis India Limited.This assignment of ESG ratings details the company’s standing across key sustainability parameters as evaluated by the agency. The rankings are based on comprehensive data review covering...