Markets

Ravindra Energy Revisions Rights Issue Details, Increasing Share Count and Issuing Corrigendum Ravindra Energy Limited has issued a Corrigendum to its Letter of Offer dated June 3, 2026, concerning the ongoing Rights Issue. The revision addresses changes in the total number of Rights Equity Shares and the overall Issue Size, resulting from necessary adjustments for fractional entitlements.The Corrigendum confirms that there are no other alterations to the Letter of Offer, the Application Form, or the Rights Entitlement Letter. All previous terms and conditions remain unchanged except as modified by this document.Key Revisions to the Rights Issue In light of the final determination of Rights Entitlements, the total number of Rights...

Ashoka Buildcon Limited Secures Contract for Gems & Jewellery Park Development in Raipur Ashoka Buildcon Limited has received a Letter of Acceptance (LOA) from the Chhattisgarh State Industrial Development Corporation Limited (CSIDC) for a major infrastructure project. The contract involves the development of a Gems and Jewellery Park under a Public Private Partnership (PPP) mode in Raipur, Chhattisgarh.The company secured the contract as the lead member in a Joint Venture, holding a 51% stake. This agreement grants Ashoka Buildcon Limited the opportunity to execute the development project on behalf of CSIDC.The project spans an area of 38,922 Sq. mtrs and involves developing a Gems and Jewellery Park within Raipur, Chhattisgarh...

NRB Bearings Promoter Releases Pledged Shares Across Two Days NRB Bearings Ltd has seen a notable change in its ownership structure as the company's promoter, Harshbeena Sahney Zaveri, released pledged equity shares across two consecutive days, impacting the level of encumbered holdings.The transactions involve the release of pledged shares by Mr. Zaveri, who is identified as a Promoter and Person Acting in Concert (PAC) with the acquirer entity. This activity shifts the balance between freely held voting rights and shares that remain encumbered.Details regarding the promoter's stake before and after the releases are provided below:Holding CategoryBefore DisposalAfter DisposalShares Carrying Voting Rights (VR)95,39,204...

Capri Global Ventures Acquires 900,000 Shares in Ironwood Education Ltd Capri Global Ventures Private Limited, formerly known as Capri Global Holdings Private Limited, has acquired a significant stake in Ironwood Education Ltd. The acquisition process involved two methods: a preferential allotment and open market purchases of equity shares in the education company.The transaction was completed on June 11, 2026. Through this combined effort, the acquirer holds 900,000 Equity Shares in Ironwood Education Ltd., representing 5.3633% of the paid-up equity share capital of the target company.Details regarding the acquisition and resulting shareholding are as follows:MetricBefore AcquisitionAfter AcquisitionTotal Equity Shares in...

Promoter Invokes Pledge on Shares of Vishnu Prakash R Punglia Ltd Vishnu Prakash Punglia Ltd reported a significant transaction involving its promoter, Mr. Vishnu Prakash Punglia, concerning the shares of the company. The event, dated June 03, 2026, was noted as a Pledge Invocation.The transaction details show changes in the holding and encumbrance of shares by the promoter, who is identified as one of the Promoter(s) of the Company.Before the acquisition/sale, Mr. Vishnu Prakash Punglia held 1,05,59,000 shares in the nature of encumbrance (pledge/lien), representing 8.47% of the total diluted share/voting capital. His direct holding of shares carrying voting rights stood at 1,16,000, equating to 0.09%. The aggregate pre-transaction...

Non-Promoter Acquirer Buys Shares in Lippi Systems Ltd Guttikonda Rajasekhar and Guttikonda Vara Lakshmi have acquired shares in Lippi Systems Ltd through an open market transaction. The acquisition, which took place on June 11, 2026, increased the combined holding of the two individuals to a total of 5.45% of the company’s diluted share capital.The acquirers, neither Guttikonda Rajasekhar nor Guttikonda Vara Lakshmi, are affiliated with any promoter or promoter group within Lippi Systems Ltd. The target company is listed on the BSE Limited. The transaction involved the purchase of shares in the open market.Details regarding the acquired shares and the holdings before and after the transaction are summarized below...

Inter-se Gift Deed: Nisha Chandresh Saraswat Acquires 11.16% of Shares in Yug Decor Ltd Yug Decor Ltd is undergoing an inter-se transfer of shares within its Promoter Group through a gift deed, significantly altering the shareholding structure of key promoters. The proposed acquisition involves the transfer of 18,05,405 shares by two existing promoter members to Nisha Chandresh Saraswat.The transaction, which is designated as an internal family transfer within the Promoter and Promoter Group, has been set to occur on or after June 18, 2026. The acquisition is being executed via a gift deed, meaning there is no financial consideration involved in the proposed transfer.Nisha Chandresh Saraswat will be the beneficiary of the shares...

Emerald Finance Secures ₹10 Crore Term Loan from ICICI Bank to Boost Business Expansion Emerald Finance Ltd has successfully raised a Term Loan of ₹10,00,00,000/- from ICICI Bank Limited. This financing is designated for the further expansion of the company’s business operations.The funds secured by Emerald Finance will be primarily utilized in onward lending activities. A key focus area identified for these resources is the Earned Wage Access (EWA) Program. Under this structured program, which involves collaboration with their employers, employees of leading corporates are granted seamless access to a portion of their earned salaries during the month through short-term credit facilities offered by the company.The successful...

Manubhai Amrutlal Shah Sells Shares of Bacil Pharma Limited in Open Market Manubhai Amrutlal Shah has conducted a shares disposal transaction concerning Bacil Pharma Limited, reducing their stake in the company. The sale, which took place on June 10, 2026, saw the individual divesting a portion of their existing holdings.The acquisition/disposal was carried out through the open market by Manubhai Amrutlal Shah. Prior to the transaction, the acquirer held 26,31,709 shares in Bacil Pharma Limited, representing 18.34% of the total share or voting capital of the target company.Through the sale, Mr. Manubhai Amrutlal Shah disposed of 8,00,000 shares, which corresponded to 5.57% of the diluted share or voting capital of Bacil Pharma...

Promoter in Yug Decor Ltd transfers 1.85% stake via Gift Deed Yug Decor Ltd has seen an inter-se share transfer within its promoter group, as Pooja Sanjeev Saraswat acquires 300,000 shares of the company from Santosh Kumar Ramjilal Saraswat through a gift deed. This transaction is part of a family arrangement aimed at succession planning and streamlining the family's assets.The proposed acquisition is set to take place on or after June 18, 2026. Pooja Sanjeev Saraswat, who belongs to the promoter group of Yug Decor Ltd, will acquire the shares from Santosh Kumar Ramjilal Saraswat. The transfer involves 3,00,000 shares, representing 1.85% of the company's share capital.The acquisition is being executed as a gift deed and was...

Promoter Acquirer Increases Holding in Jaro Institute of Technology Management and Research Limited Shares Sanjay Namdeo Salunkhe, acting as a promoter, acquired additional equity shares of Jaro Institute of Technology Management and Research Limited through the open market. The acquisition was completed on June 12, 2026.The details provided show that Sanjay Namdeo Salunkhe held 1,22,98,840 shares carrying voting rights prior to the transaction, representing 54.93% of the total diluted share/voting capital. The company's equity share capital was noted at 2,22,70,387 Equity Shares of Rs. 10/- each before the acquisition.The acquisition involved the purchase of 1,5326 shares carrying voting rights. This transaction accounted for a...

Mrs. Pushpa Pungalia's Holdings and Acquisition Details in Vishnu Prakash R Punglia Ltd Mrs. Pushpa Pungalia, a member of the Promoter group, has updated her holdings related to Vishnu Prakash R Punglia Limited (VPRPL). The changes pertain to shares and voting rights following a transaction completed on June 03, 2026.The acquisition was executed through a Pledge Invocation, and the details provided reflect Mrs. Pungalia's holding status before and after this event.Shareholding Details Before Transaction Before the acquisition under consideration, Mrs. Pushpa Pungalia held shares and voting rights in VPRPL listed on BSE Limited National Stock Exchange of India Limited.The pre-transaction holdings were as follows:Shares carrying...

Ramco Cements Updates Litigation Status on Outward Freight Credit After Ruling by Original Authority The Ramco Cements Ltd has provided an update regarding its litigation concerning the Disallowance of CENVAT Credit on Outward Freight. The company reported that its appeal before CESTAT related to the disputed credit amount of Rs. 2.33 crores was set aside and subsequently remanded to the Original Authority in January 2026.The matter, which was heard by the Original Authority following the remand, concluded with a favorable outcome for the company. The authority allowed an amount of Rs. 2.13 crores in favor of Ramco Cements Ltd. However, a demand was raised for the remaining balance amounting to Rs. 0.20 crores. This official order was...

Bhikhiben Balvantsinh Rajput Acquires Shares in Gokul Refoils & Solvent Ltd Through Open Market Transaction Bhikhiben Balvantsinh Rajput, acting as the acquirer along with a consortium of related parties, has increased their stake in Gokul Refoils and Solvent Limited. The acquisition was completed through an open market transaction on June 11, 2026.The acquisition involved the purchase of 6,200 shares carrying voting rights in Gokul Refoils & Solvent Limited (Target Company). This addition has slightly increased the Acquirer's stake and reinforced the combined holding held by the Promoter Group.Stakeholding Details Update Bhikhiben Balvantsinh Rajput was already a significant shareholder prior to the transaction, holding 2,27,25,400...

CTL Trusteeship Pledges 79 Lakh Shares of Archean Chemical Industries Ltd CTL Trusteeship Limited, acting as the Security Trustee on behalf of Lender(s), has pledged shares in Archean Chemical Industries Limited. The transaction details relate to the encumbrance of equity shares held by the company.The acquisition, which involves the pledge of stock, was recorded following an intimation date of June 10, 2026. CTL Trusteeship Limited's holding and subsequent pledging details reveal that they are not part of any promoter group in relation to this transaction. The mode of acquisition involved the pledge of equity shares of Archean Chemical Industries Limited in favour of CTL Trusteeship Limited acting as Security Trustee on behalf of...

Finolex Cables Receives Order Regarding E-way Bill Mismatch; Tax Demand Confirmed Finolex Cables Limited (FCL) has received an order from the Additional Commissioner, Grade-II Appeal, Lucknow Sector -9, Uttar Pradesh, concerning alleged discrepancies in invoice details on generated E-way bills. The determination leads to a specified tax demand totaling Rs. 1,29,698/-.The company received the direction of the order on June 12, 2026. The Commissioner's confirmation followed an investigation into the matter, which was initiated due to a mismatch of Invoice details on E-way bills generated for goods movement.Finolex Cables had previously stated that double E Way bills were created due to technical glitches, and the movement of goods...

Madhusudan Masala Limited Allots 895,000 Equity Shares Following Warrant Conversion; Total Proceeds Amount To Rs. 12,14,96,250 Madhusudan Masala Limited announced that its Board of Directors allotted 895,000 equity shares subsequent to the conversion and exchange of warrants held by several investors. This transaction increased the company's paid-up capital to Rs. 16,13,50,000.The allotment followed an initial issuance of a total of 17,45,000 Fully Convertible Warrants. These warrants were issued at a warrant issue price of Rs. 181/- per warrant (including the subscription and exercise price). The initial tranche saw investors pay 25% of the issue price, while the balance of 75% was payable upon the exercise of the option to convert...

NLC India Limited Achieves Commercial Operation of Ghatampur Thermal Power Project Unit-3, Boosts Installed Capacity NLC India Limited (NLCIL) has announced a significant operational milestone with the successful achievement of Commercial Operation Declaration (COD) for Unit-3 of its Ghatampur Thermal Power Project. The project unit reached COD on June 13, 2026.The accomplishment pertains to Neyveli Uttar Pradesh Power Limited (NUPPL), which is operating as a Joint Venture between NLC India Limited (holding a 51% stake) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) (49%). The successful COD of Unit-3 ensures that the Ghatampur Thermal Power Station, which has a capacity totaling 3x660 MW, is now fully operational and...

Prakash Industries Limited Secures Environmental Clearance for Bhaskarpara Coal Mine Expansion Prakash Industries Limited announced that its Bhaskarpara Coal Mine has received Environmental Clearance from the Ministry of Environment, Forest and Climate Change, Government of India. This clearance allows the company to increase the mine's production capacity significantly.The approval granted by the Ministry, detailed in a letter dated June 12, 2026, permits Prakash Industries Limited to raise the production capacity of the Bhaskarpara Coal Mine from 1.0 MTPA to 1.2 MTPA.This operational upgrade ensures the continued growth and expansion capabilities of the mine site for Prakash Industries Limited.PRAKASH Stock Price Movement On...

Shivalik Bimetal Controls Ltd Stock Market Presence Noted for 13/06/2026 <br> Shivalik Bimetal Controls Ltd is noted in financial records as of June 13, 2026. No transactional updates or operational changes have been reported regarding the company on this date.SBCL Stock Price Movement On Friday, shares of Shivalik Bimetal Controls Limited rallied, settling at ₹695.50 after gaining 4.65%. The closing action occurred amid a total traded volume of 499,764 shares.