Markets

Atmastco Subsidiary Secures Brand and OEM Approval on GeM Portal for Bullet Resistant Jackets Atmastco Defence Systems Private Limited, a Wholly Owned Subsidiary of Atmastco Limited, has successfully obtained approval on the Government eMarketplace (GeM) portal. This strategic approval covers the registration of the brand 'ATMASTCO' along with official recognition as an Original Equipment Manufacturer (OEM).The approval pertains specifically to Bullet Resistant Jackets (V4), enabling the company to operate as a recognized OEM for this product category on the GeM platform. The products conform to ISI Standard IS 17051, ensuring adherence to mandated standards.With the official recognition attained through the GeM portal, the Wholly...

Nitco Limited Clarifies Significant Increase in Securities Volume, Attributes Surge to Market Conditions Nitco Limited provided clarification regarding a substantial increase in the volume of its securities following inquiries received from stock exchanges NSE and BSE. The company stated that the rise in trading volume is driven purely by market conditions over which management holds no control.The clarification addressed communications received by Nitco Limited from the National Stock Exchange (NSE) on June 18, 2026, and from the Bombay Stock Exchange (BSE) on June 19, 2026, concerning the significant spike in trading volume of the company's securities.Nitco Limited confirmed that it has previously made all necessary disclosures to...

Capacit'e Infraprojects Completes Allotment of Non-Convertible Debentures Worth INR 35 Crore Capacit'e Infraprojects Limited has successfully allotted a tranche of Senior, Secured, Rated and Unlisted Redeemable Non-Convertible Debentures (NCDs) through a private placement. The decision was made by the Finance and Operation Committee of the Board of Directors on June 19, 2026.The company allotted 350 NCDs in total for this transaction. Each debenture has a face value of INR 10,00,000 (Indian Rupees Ten Lakh Only). The aggregate amount raised from the private placement is INR 35,00,00,000 (Indian Rupees Thirty-Five Crore Only).The allotment was carried out by the Board's committee and contributes to the company's financial structure...

GOCL Corporation Provides Update on Operations and Recent Corporate Milestones GOCL Corporation Ltd. has released an update regarding its current status and previously announced corporate developments, confirming that it holds no undisclosed or potentially price sensitive information at this time. The company provided a comprehensive summary of its recent activities, including financial results, dividend payouts, and significant updates concerning land monetization and a Scheme of Arrangement.The corporation confirmed the existence of all previous material events while stating that there were no further disclosures required regarding operational performance that would affect the Stock Exchanges.Investor understanding is guided by...

The New India Assurance Confirms All Required Disclosures Regarding Stock Volume Movements The New India Assurance Company Ltd has issued a statement addressing concerns related to significant volume movement of its stock. The company confirmed that all information and events impacting the operation and performance of the company, including any price sensitive details, have been promptly disseminated through the mandated channels.In response to inquiries regarding increased volume activity, The New India Assurance stated that it is not aware of any other announcement or material information that could potentially bear on the price or volume behavior of its shares.The company affirmed that all necessary disclosures concerning events...

RBI Cracks Down on Reporting Standards: Supervisory Data Quality Index Issued for Commercial Banks The Reserve Bank of India (RBI) has formally released the Supervisory Data Quality Index (sDQI) for Scheduled Commercial Banks (SCBs). This release focuses intensely on the quality and integrity of financial reporting across the banking sector. The index provides a critical measure of how banks are adhering to mandated submission protocols.Understanding the Supervisory Data Quality Index (sDQI) The sDQI, released covering March 2026, is designed to quantify data adherence in the supervisory realm. It rigorously assesses various aspects related to the submission of crucial returns and microdata by SCBs. The primary focus areas include...

NDL Ventures Receives NCLT Order Directing Meetings for Proposed Merger of Hinduja Leyland Finance Limited NDL Ventures Ltd has received a crucial order from the National Company Law Tribunal (NCLT), directing the convening of meetings for its equity shareholders and unsecured creditors concerning the proposed merger by absorption of Hinduja Leyland Finance Limited.The company announced that it received the Order, dated June 17, 2026, from the NCLT, Mumbai Bench on June 18, 2026. This directive relates to the proposed Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (referred to as the Transferor Company) into NDL Ventures Limited (the Transferee Company), which was formerly known as NXTDIGITAL Limited.Under the...

K.P.R. Mill Limited clarifies rising share volume amidst market activity K.P.R. Mill Limited addressed recent discussions regarding a significant increase in the trading volume of its shares, stating that the rise is purely market-driven and carries no comments from the company.In response to queries concerning the increased activity surrounding its securities, K.P.R. Mill Limited confirmed it is not aware of any ongoing information or announcements that could influence the recent price or volume behavior of the company’s shares.The clarification confirms that the increase in trading volume for K.P.R. Mill Limited is entirely market-driven, and the company has no particular commentary on the trend.KPRMILL Stock Price Movement As...

Kabra Extrusiontechnik Limited Appoints Bhavin Sheth as Chief Financial Officer Kabra Extrusiontechnik Limited has announced a key change in its senior management, approving the appointment of Mr. Bhavin Sheth as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). Concurrently, the company noted the cessation of Interim CFO, Mr. Uttam Singh.The Board of Directors meeting approved the appointment with immediate effect from June 20, 2026.Appointment Details: Bhavin ShethMr. Bhavin Sheth has been appointed to serve as the Chief Financial Officer and Key Managerial Personnel. He is described as a Qualified Chartered Accountant bringing over 23 years of extensive experience in various areas including financial...

Dhara Rail Projects Limited Secures Rs 1.13 Crore Order from North Western Railway Dhara Rail Projects Limited has secured a work order amounting to Rs 1,13,24,611.20 for preventive maintenance services with the North Western Railway. The contract involves scheduled operations and upkeep of an electrical substation facility in Jodhpur, Rajasthan.The company was awarded the contract by the Divisional Electrical Engineer/TRD/JU of the North Western Railway. The scope of work covers "Preventive Schedule maintenance, operation, trouble shooting and up-keeping of Electrical substation at BGKT, SMR & BME."This domestic order is scheduled for a duration of two years, starting from the time of signing.Key details of the contract awarded...

Dhanuka Agritech Announces Equity Share Buyback via Tender Offer Dhanuka Agritech Limited has initiated the buyback of its equity shares through a Tender Offer following an announcement made by its Board of Directors.The company's Board of Directors released a Post Buyback Public Announcement concerning the buyback procedure, which is conducted under SEBI (Buyback of Securities) Regulations, 2018.To inform the public about this corporate action, Dhanuka Agritech published the announcement in specific editions of Business Standard newspaper. The publications included both the English and Hindi editions of Business Standard.DHANUKA Stock Price Movement As of 1:47 PM, shares of Dhanuka Agritech Limited are slipping slightly, shedding...

MTNL Completes Funding for 11th Semi Annual Interest on Bond Series VI Mahanagar Telephone Nigam Limited (MTNL) has completed the funding process for the 11th Semi Annual Interest related to its Bond Series VI. The interest payment was executed through a designated escrow account maintained at Bank of India.The transaction covers the payment due on June 21, 2026, pertaining to the 6.85% MTNL Bond Series VI (INE153A08097). The funding of this designated escrow account was finalized by the company on June 18, 2026.MTNL Stock Price Movement As of 1:45 PM, shares of Mahanagar Telephone Nigam Limited are slipping by 0.81% in live trading, currently priced at ₹31.78. The stock remains volatile today, testing the lower end of its range...

Persistent Systems Wins CII Award for Excellence in Disability Inclusion 2026 Persistent Systems Limited has been recognized as the winner of the prestigious CII Award for Excellence in Disability Inclusion 2026, securing the 'Best Employer - Physical Accessibility' category. The recognition highlights the company's comprehensive strategy for embedding accessibility across its digital platforms, workplaces, and talent programs through strong governance, leadership accountability, and adherence to global accessibility standards.The Confederation of Indian Industry (CII) jury commended Persistent’s holistic approach to accessibility, which was validated through independent audits. While the award centered on the company's Pune facility...

Party Cruisers Approves Rights Issue to Raise Up To ₹24 Crores through Equity Shares Party Cruisers Limited announced that its Board of Directors has approved a strategic rights issue aimed at raising up to ₹24 crores. The decision was made during a Board meeting held on June 19, 2026, authorizing the company to raise funds by issuing and allotting equity shares to eligible shareholders.The approval covers the issuance of equity shares having a face value of ₹10 each. The rights issue is set to provide capital for the company up to an aggregate amount not exceeding ₹24 Crores. The terms regarding the Rights Issue, including the share price, the record date, and payment terms, will be determined later by the designated Right Issue...

Lesha Industries Ltd Appoints Priyanshi Sharma as Company Secretary and Compliance Officer Lesha Industries Ltd has approved the appointment of Ms. Priyanshi Sharma as the Company Secretary & Compliance Officer, effective from June 19, 2026. The Board of Directors confirmed the appointment based on recommendations from the Nomination and Remuneration Committee during a meeting held on June 19, 2026.Ms. Sharma will serve in this capacity, with Ms. Priyanshi Sharma also being appointed as Key Managerial Personnel under relevant provisions of the Companies Act, 2013, and SEBI Listing Regulations.Profile Details The company confirmed that Ms. Priyanshi Sharma holds the following qualifications and experience:ParticularsDetails...

Patanjali Foods Invests Further in Wholly Owned Subsidiary for Agricultural Advancement Patanjali Foods Limited has made a further investment into Contemporary Agro Private Limited (CAPL), its wholly owned subsidiary. The investment, structured through a rights issue, involves subscribing 50,00,000 Zero Percent Redeemable Preference Shares of Rs. 10/- each.The company committed INR 5,00,00,000 to the subscription of these shares. This transaction means there will be no change in Patanjali Foods Limited’s shareholding percentage in CAPL, as it remains a wholly owned subsidiary (WOS).Contemporary Agro Private Limited operates in the agricultural and allied activities sector. The company is engaged in improving various types of farming...

Promoter Plans Open Market Sale of 30 Lakh Shares to Achieve Minimum Public Shareholding Twamev Construction And Infrastructure Ltd has announced that one of its promoters intends to sell a portion of the company's equity shares through the open market. The sale is aimed at fulfilling the regulatory requirements for Minimum Public Shareholding (MPS).The proposed divestment involves Mr. Ravi Todi, a promoter of Twamev Construction And Infrastructure Limited. He plans to sell an aggregate of 30,00,000 equity shares, which represent approximately 1.94% of the total paid-up equity share capital of the company.The open market sale of these Equity Shares, each having a face value of Re. 1/-, is scheduled to commence on Monday, June 22...

Twamev Construction Clarifies Media Reports, Assures Stakeholders Following Resolution Plan Implementation Twamev Construction and Infrastructure Limited has issued a clarification addressing media reports concerning alleged actions involving erstwhile Promoters and Directors associated with the company prior to its transformation under an approved Insolvency and Bankruptcy Code 2016 (IBC) Resolution Plan.The company stated that, following the successful acquisition by the Resolution Applicant through the IBC process, there has been a complete change in the ownership, management, and control of Twamev Construction. The name, Board of Directors, and overall management have since been reconstituted in compliance with all applicable laws...

Novelis Inc., Wholly Owned Subsidiary of Hindalco Industries, Enters Material Definitive Agreement Novelis Inc., a wholly owned subsidiary of Hindalco Industries Limited, has announced its entry into a Material Definitive Agreement.The update details the strategic action taken by the company in relation to its financing structures and obligations. Novelis has also filed Form 8-K regarding an amendment to its Second Amended and Restated Credit Agreement.HINDALCO Stock Price Movement Hindalco Industries Limited shares are easing slightly as of 1:34 PM, slipping 0.05% to trade at ₹1008, following the previous closing price. The equity has seen active trading today, with a volume of 1.96 million shares and an intraday range spanning...

Sterling Holiday Resorts Secures 28 Travellers' Choice Honours; Kanha Wins Best of the Best for Fourth Consecutive Year Sterling Holiday Resorts has garnered significant recognition at the Tripadvisor Travellers' Choice Awards 2026, with a total of 28 resorts earning Travellers' Choice honours. Furthermore, Sterling Kanha achieved the prestigious Travellers' Choice Best of the Best Award for the fourth consecutive year.The award-winning resorts represent approximately 49% of Sterling’s eligible resort portfolio, defined as properties that have completed at least one full year of operations. This extensive recognition underscores a strong portfolio-level endorsement of Sterling's guest experience across various leisure, wildlife...