Markets

Kalyani Strategic Systems Unveils MArG Series of 155mm Artillery Guns at Eurosatory 2026 Eurosatory, Paris, France | June 15, 2026: Kalyani Strategic Systems Limited (KSSL), the wholly-owned defence subsidiary of Bharat Forge Limited, introduced its new line of Mounted Artillery Guns—the MArG series—at Eurosatory 2026. The series consists of truck-mounted, highly mobile systems designed to deliver a rapidly deployable and cost-optimised firepower solution for modern land forces.The MArG series is described as a comprehensive family of 4x4 mounted 155mm artillery systems, engineered across three distinct calibre configurations: MArG 39 (optimized for mobility and tactical flexibility), MArG 45 (balanced range and firepower), and MArG...

Mufin Green Finance Allots Secured Non-Convertible Debentures in Private Placement Mufin Green Finance Ltd has finalized the issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs). The debenture allotment was conducted through a private placement and marks a significant funding event for the company.The issuance comprised a total of 1,900 non-convertible debentures, each bearing a face value of INR 1,00,000. The total issue size for these securities amounted to Rs. 19,00,00,000 (Rupees Nineteen Crore Only).The NCDs are intended for listing on the BSE Limited and carry a fixed tenor of three years. The allotment was completed on June 15, 2026, with the maturity date set for June 15, 2029.Key details...

GCM Securities Ltd Approves CFO Change; Umesh Rajan Swamy Appointed to Succeed Shrenik Choraria GCM Securities Ltd has announced changes in its Key Managerial Personnel (KMP) following a Board meeting held on June 15, 2026. The board approved the resignation of Mr. Shrenik Choraria from the position of Chief Financial Officer (CFO), and simultaneously appointed Mr. Umesh Rajan Swamy as the new CFO.The company confirmed that the departure of Mr. Choraria was due to health issues. His resignation was accepted effective from closing hours on June 15, 2026. The board noted that there were no other material reasons for his departure besides those provided in the relevant disclosures.Mr. Umesh Rajan Swamy has been appointed as the CFO...

Jatalia Global Ventures Ltd Reports Financial Results While Undergoing CIRP; Total Assets Stand at 351.73 Lacs Jatalia Global Ventures Limited, a company currently under Corporate Insolvency Resolution Process (CIRP), has released its audited financial results for the financial year ending March 31, 2026. The statements reflect both operational losses and changes in the balance sheet compared to the previous fiscal year.The results were reviewed by the Committee of Creditors, providing a snapshot of the company’s financial standing during this period of resolution.Financial Performance Overview (FY 2025-2026) For the financial year ending March 31, 2026, Jatalia Global Ventures registered a net loss from ordinary activities after...

Aadhar Housing Finance Announces Schedule for JM Financial India Finance Forum Aadhar Housing Finance Ltd has scheduled an analyst and investor meeting, providing details regarding its upcoming participation in a major industry forum.The company management and officials have organized the interaction with investors at the JM Financial India Finance Forum. The event is set to take place on June 24, 2026, at Hotel Trident in BKC Mumbai. This session will be structured as a Group meeting held in a physical setting.Aadhar Housing Finance has made publicly available an Investors' Presentation which was initially uploaded and communicated on May 5, 2026. The company confirmed that this presentation material may be utilized during the...

CEO Resigns from Chennai Meenakshi Multispeciality Hospital Ltd Due to Personal Reasons Chennai Meenakshi Multispeciality Hospital Ltd has announced the resignation of its Chief Executive Officer. Dr. Venkataraman Krishnamurthy stepped down from the role, effective upon the close of business hours on June 15, 2026, citing personal reasons for his decision.The hospital, formerly known as Devaki Hospital Limited, confirmed the change in leadership. Dr. Krishnamurthy stated that he would ensure a smooth transition of responsibilities following his resignation.A detailed overview of the change is provided below:ParticularsDetailsRoleChief Executive Officer (CEO)Reason for ChangePersonal reasonsCessation DateClose of...

Aarti Surfactants Receives Environmental Compensation Order from Pollution Control Committee Aarti Surfactants Limited has received an order from the Pollution Control Committee of the U.T. Administration of Dadra and Nagar Haveli and Daman and Diu, directing payment of Environmental Compensation amounting to ₹ 17,40,000/- due to non-compliance with environmental standards.The company received the directive on June 15, 2026. The order stems from observations made by the Pollution Control Committee during an inspection of Aarti Surfactants Limited’s manufacturing facility. These observations led the Committee to issue a Show Cause Notice under Section 33-A of the Water (Prevention and Control of Pollution) Act, 1974 and Section 31-A of...

Waaree Energies Wins Significant Order to Supply 800 MW Solar Modules Waaree Energies Limited has secured an order from a renowned customer who is a leading energy solutions provider, marking a substantial business development milestone for the company.The contract involves the supply of solar modules and has been designated as a one time transaction. The entity awarding the order is identified as a domestic entity.Key commercial details of the agreement include:ParticularsDetailsProduct/ServiceSupply of Solar ModulesOrder Size800 MWSolar modulesTime PeriodFinancial Year 2026-27Transaction NatureOne timeThe order details confirm that the transaction does not involve any interest from the promoter or promoter...

Innomet Advanced Materials Receives Rs 76,97,000 Purchase Order from ENAR WELD BRAZE PVT. LTD Innomet Advanced Materials Limited has secured a significant business contract after receiving a purchase order from ENAR WELD BRAZE PVT. LTD. The agreement, dated June 13, 2026, totals Rs 76,97,000/- and pertains to the Metal Powder Division of Innomet.The purchase order was issued by the domestic company ENAR WELD BRAZE PVT. LTD. for products from Innomet Advanced Materials Limited. The transaction represents a confirmed commercial opportunity for the materials firm.Key details regarding this contract are summarized below:DetailSpecificationAwarding Entity NameENAR WELDBRAZEPVT. LTD (Domestic Company)Nature of OrderPurchase...

City Union Bank Announces Allotment of Bonus Equity Shares to Members The Board of Directors of City Union Bank Limited approved the allotment of bonus equity shares in the proportion of one share for every three existing fully paid up equity shares. This decision was formalized by the Bank’s Bonus Committee.The allotted bonus equity shares number 24,76,96,809. Each unit of these shares is valued at Re. 1/- and are classified as fully paid up Bonus Equity shares.The allotment is intended for eligible members of the Bank whose names appeared in the Register of Members on June 12, 2026, which was set as the record date. The bonus equity shares will be available for trading starting on June 16, 2026.The bank confirmed that the newly...

Rupee Stabilizes Amid Global Relief as Analysts Weigh Renewed FII Inflows Global markets registered improved risk sentiment on Monday following reports of progress toward a potential US-Iran diplomatic breakthrough. The development priced in reduced geopolitical tension and suggested possibilities for softer crude oil prices, providing a fresh lift to global risk appetite.The Indian rupee demonstrated significant strength, trading at Rs 94.68 against the dollar. This level marks its strongest performance since May 8, contrasting with the previous session's closing rate of Rs 95.11. While markets cheered this positive move, experts caution that currency stability alone is not enough to guarantee a decisive reversal of FII outflows...

Wild Surge in Fuel and Power Sees WPI Cross Key Threshold as DPIIT Launches New 2022-23 Price Index Series The Office of Economic Adviser, DPIIT has announced the release of a completely revised series of Wholesale Price Index (WPI), transitioning to a new base year of 2022-23. This comprehensive overhaul replaces the previous WPI series based on 2011-12, aligning national price tracking with global best practices recommended by advanced economies and the IMF.The release includes not only the revised WPI but also the introduction of several new Producer Price Indices (PPIs): Output PPI, Trial Input PPI, and Service PPI for seven key service sectors, all compiled against the 2022-23 base year. This shift signifies a move towards...

Goa Carbon Resumes Operations at Paradeep Unit After Kiln Lighting Goa Carbon Limited has announced the resumption of operations at its Paradeep Unit located in Vill. Udayabata, Paradeepgarh, Dist. Jagatsinghpur, Odisha. This update follows previous correspondence regarding the unit's status.The company confirmed that the Kiln at the Paradeep facility has been lit up. Following preliminary heat up and the commencement of feeding raw material into the process, normal production is expected to resume on June 16, 2026.GOACARBON Stock Price Movement As of 1:02 PM, shares of Goa Carbon Limited are rallying significantly in live trading, pushing the stock to ₹396.15 after a jump of 4.46%. The equity has maintained strong momentum...

Singapore To Seize Global Dominance as Gold Clearing Hub Strategy Takes Shape Singapore is setting ambitious goals by launching a comprehensive gold-clearing system this year, positioning itself to become a crucial node in the global bullion market. Major international banks such as JPMorgan Chase & Co. and Deutsche Bank AG are scheduled to participate in this initiative, marking a significant move by the city-state to strengthen its presence in precious metal trading.The Singapore Exchange plans to establish the over-the-counter clearing mechanism by the end of 2026. However, inter-bank trading is expected to commence much sooner, beginning from next year. Gan Kim Yong, deputy prime minister and chairman of the Monetary Authority of...

EIH Associated Hotels Appoints Atul Hiralal Shah as Non-Executive Independent Director EIH Associated Hotels Limited has appointed Mr. Atul Hiralal Shah as an Additional Director in its Board of Directors, effective June 20, 2026. The appointment was made following the recommendation of the company's Nomination and Remuneration Committee.Mr. Shah will serve as a Non-Executive Independent Director who is not liable to retire by rotation. His tenure is set for five consecutive years, subject to subsequent approval by the Shareholders of EIH Associated Hotels Limited.Key details regarding the appointment are provided below:ParticularsDetailsReason for changeAppointmentDate of AppointmentJune 20, 2026Term of appointmentFive...

Sensex and Nifty Pare Gains Despite Geopolitical Deal: Market Faces Headwinds from IDF Stance and Profit Booking Benchmarks Sensex and Nifty experienced a decline in their gains on June 15th after initially surging following news that the US and Iran had reached an initial deal to end hostilities and resume traffic through the Strait of Hormuz. The markets, which saw strong pre-market activity fueled by the geopolitical developments, registered profit taking and faced technical resistance.At 12:35 pm, both indices were positive but showed signs of consolidation. The Sensex was trading at 76,460.56, gaining 932.61 points or 1.23%. The Nifty traded at 23,912.50, marking a gain of 289.60 points or 1.23%.Key Factors Driving Market...

Schneider Electric Infra Stock Surges 10% as Parent Ties Up with Foxconn to Build Next-Gen AI Data Centres Shares of Schneider Electric Infrastructure Ltd witnessed a massive surge in Monday's trading session, breaching its 10% upper circuit. The stock hit ₹1,216.20 on the NSE after the parent company, Schneider Electric, announced a high-profile strategic collaboration with Taiwan's Foxconn. This partnership is set to revolutionize the design and deployment of advanced artificial intelligence (AI) data centres globally.The market reacted strongly to the news, betting that this joint venture could significantly fortify Schneider Electric’s standing within the rapidly expanding AI infrastructure ecosystem. The announcement details a...

EIH Associated Hotels Sets Record Date for Potential Final Dividend EIH Associated Hotels Limited has announced the record date for determining eligible shareholders to receive a potential Final Dividend for the Financial Year 2025-26.The company fixed Tuesday, July 28, 2026, as the record date. This dividend payment is contingent on its approval at the Forty Third (43rd) Annual General Meeting of the company.The AGM is scheduled to take place on Tuesday, August 04, 2026. If approved, the Final Dividend would be paid on or before Monday, August 31, 2026, subject to deduction of tax at source.EIHAHOTELS Stock Price Movement Shares of EIH Associated Hotels Limited are climbing steadily, trading up 2.67% to ₹310.95 as of 12:59 PM in...

Proposed Appointment of Mr. Rahul Soni as Company Secretary at Kokuyo Camlin Ltd. Falls Through Kokuyo Camlin Ltd. has confirmed that the proposed appointment of Mr. Rahul Soni as Company Secretary and Compliance Officer will not take effect following his decision to withdraw from the position.The company had extended an offer for the role of Company Secretary and Compliance Officer to Mr. Soni, who had accepted the employment terms after the company initiated necessary onboarding formalities.However, prior to joining and assuming charge of the post, Mr. Soni communicated his intention to decline the offer due to personal reasons. Consequently, the appointment as proposed will not proceed.Kokuyo Camlin Ltd. is currently in the...

Embassy Office Parks REIT Management to Hold Investor Meetings in London for Q4 FY2026 Results Embassy Office Parks REIT, managed by Embassy Office Parks Management Services Private Limited, announced that members of its management team will hold meetings with Institutional Investors in London. The event is scheduled to focus on the company's performance and results update.The meetings are set to take place over two days, June 17-18, 2026. These sessions are designed as one on one meetings between senior management personnel and institutional investors.The specific agenda for the meeting is detailed below:DateAgendaFormatAttendees / PresenterJune 17-18, 2026Q4 FY2026 Results UpdateOne on One MeetingsSenior Management...