Markets

SMT Engineering Ltd Extends Corporate Guarantee for Subsidiary's Credit Limit Enhancement with PNB SMT Engineering Ltd, the parent company, has extended a corporate guarantee in favor of Punjab National Bank (PNB) concerning the enhancement of Cash Credit (CC) facilities provided to its Wholly Owned Material Subsidiary, Sai Machine Tools Private Limited. The transaction secures increased working capital limits for the subsidiary.The guarantee involves increasing the existing Cash Credit limit for Sai Machine Tools Private Limited from Rs 31.25 Crores (Rupees Thirty One Crores Twenty Five Lakhs only) to Rs 45 Crores (Rupees Forty Five Crores only).The transaction details, as provided by SMT Engineering Ltd, show that the total credit...

Promoter Sanya Dhanani Sells 0.77% Stake in Sayaji Hotels (Indore) Ltd Sanya Dhanani, a promoter of Sayaji Hotels (Indore) Ltd, has completed the sale of equity shares, reducing her stake in the company. The transaction occurred on the open market.The details of the share disposal relate to Sanya Dhanani's holdings and reflect a reduction from her previous holding of 4.16% of the total voting capital to 3.39%.According to the transaction records, Ms. Dhanani sold 23,399 equity shares, representing 0.77% of the company's total equity share capital. The sale took place on June 11, 2026, through the OnMarket route.The key financial and holding details before and after the disposition are summarized below:MetricBefore Sale Holding...

Promoter Sells 4.16% Stake in Sayaji Hotels (Indore) Ltd A promoter of Sayaji Hotels (Indore) Limited has sold a portion of equity shares, representing a 4.16% stake in the company's total equity share capital.The sale involves Ms. Zoya Dhanani, who is identified as a Promoter of Sayaji Hotels (Indore) Limited. The transaction took place through the Open Market.According to the records, Ms. Zoya Dhanani sold 1,26,601 equity shares, which constituted 4.16% of the total equity share capital prior to the disposal.The financial structure and share capital details of Sayaji Hotels (Indore) Limited before and after the transaction are detailed below:Financial MetricBefore SaleAfter SaleEquity Share CapitalRs. 3,04,66,050...

UTI AMC Increases Share Capital After Allotment Under Employee Stock Option Scheme UTI Asset Management Company Limited has increased its paid-up share capital following the allotment of equity shares under its 'UTI AMC Employee Stock Option Scheme - 2007'.The company approved the issuance of 1,250 equity shares to eligible employees under the stock option scheme. This decision was finalized by the Nomination and Remuneration Committee on June 12, 2026.Following the allotment, the total issued and paid-up share capital of UTI Asset Management Company Limited has been updated. The new equity shares rank pari-passu in all respects with existing shares.The financial impact of the allotment is detailed below:Financial MetricBefore...

Kundan Edifice Secures Order Schedules from Crompton Greaves Valued at Approximately INR 1.65 Crore Kundan Edifice Limited has secured confirmed order schedules totaling approximately INR 1.65 Crore from Crompton Greaves Consumer Electricals Limited for product supplies planned during June 2026. The agreement covers core lighting solutions, specifically the company's HV Flex (Rope Lights) and LV Flex (Strip Lights) categories.The receipt of these confirmed orders provides essential production planning visibility for Kundan Edifice for the specified period. This transaction reflects the company's continuous engagement with Crompton Greaves Consumer Electricals Limited, a major brand in the consumer electricals and lighting industry...

Sellwin Traders Ltd Board Approves Shifting Registered Office from West Bengal to Gujarat Sellwin Traders Ltd has approved a significant move regarding its corporate structure, following the conclusion of its Board of Directors meeting held on June 12, 2026. The board meeting included decisions concerning the relocation of the company's registered office and preparatory steps for shareholder approval.During the meeting, which commenced at 11:45 A.M. and concluded at 12:30 P.M., the Board considered and approved the shifting of the Registered Office of Sellwin Traders Ltd from the State of West Bengal to the State of Gujarat. This move necessitates a consequential alteration in the Registered Office clause of the company's Memorandum...

Axel Polymers Ltd Appoints Mr. Yogesh Keshariya as Additional Non-Executive Independent Director Axel Polymers Ltd has announced the appointment of Mr. Yogesh Keshariya (DIN: 07063024) as an Additional Director under the category of Non-Executive Independent Director. The decision was made by the Board of Directors during a meeting held on June 12, 2026.Mr. Keshariya's appointment is effective from June 12, 2026. He has been appointed for a term of three years. His tenure is subject to approval by shareholders at the next General Meeting or within three months of his appointment, whichever comes first. The company noted that he shall not be liable to retire by rotation.The appointment was made following recommendations from the...

NCLT Sanctions Scheme of Amalgamation: Orchid Pharma and Dhanuka Laboratories Unite The National Company Law Tribunal (NCLT) has sanctioned the Scheme of Amalgamation involving Dhanuka Laboratories Limited and Orchid Pharma Limited, marking a significant consolidation in the pharmaceutical sector. The decision allows for the merger of the two companies under the terms defined by the scheme, with an appointed date set at April 01, 2024.The amalgamation brings together the two entities—Dhanuka Laboratories Limited (the Amalgamating Company) and Orchid Pharma Limited (the Transferee Company)—into a combined entity. The sanction by the NCLT confirms that the scheme is prima facie not detrimental to the interests of the members of either...

Harsh Omprakash Jain Acquires Shares in Citizen Solar Limited Through Inter-Se Transfer Mr. Harsh Omprakash Jain, a member of the Promoter Group, has acquired 6,00,000 equity shares of Citizen Solar Limited through an inter-se transfer among members of the promoter group. The transaction involved the acquisition from two family members—Mr. Dhanpatraj Lalchand Jain and Mrs. Sangita Dhanpatraj Jain.The share transfer was completed on January 9, 2017. According to the details provided in the report, Mr. Harsh Omprakash Jain acquired 3,00,000 shares from each of the two sellers. The acquisition was structured as a gift through a Gift Deed dated January 9, 2017, and was made without monetary consideration, stemming from natural love and...

Promoter Group Executes Inter-Se Transfer of Equity Shares in Clean Science and Technology Limited Clean Science and Technology Limited reported significant inter-se transfers of equity shares among its Promoter group members across multiple dates in June 2026, encompassing both acquisitions and sales. The transactions, all conducted as gifts between promoter group entities, resulted in varied changes to the shareholding percentages of several key promoters.On 10th June 2026, Smt. Alaknanda Boob Business Trust acquired 58,00,000 Equity Shares, leading to a holding of 5.46% of the total issued and Paid-up Capital. Simultaneously, AAB Business Trust acquired 1,01,00,000 Equity Shares, increasing its shareholding to 9.50%, up from zero...

Ansal Properties Updates on Project Status, Creditors Meeting for Fernhill Ansal Properties & Infrastructure Limited (APIL) provided updates concerning the status of various real estate projects, including scheduling a key meeting for its Fernhill project and detailing management structures across multiple ongoing developments.The Company announced that the 53rd Meeting of the Committee of Creditors for the 'Fernhill' project, located in District Gurgaon, Haryana, is scheduled to be held on June 15, 2026.In a separate operational update concerning the insolvency process, it was reported that Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016, has been confined to projects in Lucknow and Rajasthan...

Promoter Amar Nath Goenka Acquires Shares in Premier Polyfilm Ltd Amar Nath Goenka, a promoter of Premier Polyfilm Limited, has increased his stake following an open market purchase. The transaction involved the acquisition of 20,448 equity shares of the company on January 23, 2026. This acquisition represents 0.02% of the total diluted share capital of Premier Polyfilm Ltd.The details of the stock holding and the acquired stake are outlined as follows:MetricBefore AcquisitionDuring AcquisitionAfter AcquisitionPromoter's Share Holding (Shares)5,549,57120,448 Acquired5,570,019Promoter's Stake (% of Total Diluted Capital)5.30%0.02%5.32%The acquisition was conducted through the open market on January 23, 2026.Prior to...

Smart Services Launches Open Offer to Acquire 25% Stake in Sharp India Ltd Smart Services Private Limited has initiated an open offer for the acquisition of equity shares of Sharp India Ltd, representing a stake of 25.00% of the target company's fully paid up and voting share capital.The open offer details stipulate that Smart Services Private Limited seeks to acquire up to 6,486,000 equity shares of Sharp India Ltd. Each share is priced at Rs. 10/- per fully paid-up Equity Share.The advertisement regarding this acquisition was published on June 12, 2026, across multiple national and regional dailies to inform the market and potential shareholders.Details of the open offer publication are as follows:Target CompanyAcquirerOffer...

Clean Science’s Promoter Group Conducts Inter-Se Transfers of Equity Shares in Favor of Family Businesses Clean Science and Technology Limited has seen multiple inter-se transfers of equity shares among its Promoter and Promoter Group members during June 2026. These transactions, conducted through off-market gifts, involve the transfer of substantial quantities of stock to various entities within the promoter group for the purpose of streamlining family assets and businesses.The transactions spanned several days in early June 2026, involving shares being gifted by individual members to related business trusts and group companies. The transfers were made without consideration.Key aspects of these inter-se transfers, which involve...

TATA CONSUMER PRODUCTS Receives CRISIL ESG Ratings of 67 and 66 TATA CONSUMER PRODUCTS LIMITED has received its Environmental, Social, and Governance (ESG) rating from CRISIL ESG Ratings & Analytics Limited (CRISIL). The company reported that it was assigned an ESG rating of 67 under the Strong category, alongside a Core ESG rating of 66.The ratings were determined based on information gathered by CRISIL regarding the company's performance.In issuing these scores, TATA CONSUMER PRODUCTS LIMITED clarified that it had not engaged CRISIL for this specific ESG Rating process. The report was independently prepared by CRISIL utilizing data pertaining to Fiscal Year (FY) 2025-26 of the Company, which was sourced from the public domain...

Gokul Agro Resources Limited Receives Show Cause Notice Over Alleged Misuse of Duty Drawback and RoDTEP Scrips Gokul Agro Resources Limited has received a Show Cause Notice from the Office of the Principal Commissioner of Customs, Custom House, Mundra port, Kutch, Gujarat. The notice alleges that the company violated provisions of Section 65 read with Section 58 of the Customs Act, 1962, regarding the unlawful availment of Duty Drawback and RoDTEP Scrips on goods exported.The communication was received by the company on June 11, 2026. The allegation relates to a specific period spanning from May 11, 2021, to December 19, 2025.According to the details provided, the customs department has alleged violations related to two distinct...

AstraZeneca Pharma India Reports Resignations of Senior Management Personnel AstraZeneca Pharma India Limited has confirmed the resignations of two senior management personnel, Ms. Aditi Mehta and Mr. Srikanth B.S., as both pursue career opportunities outside the organization. The changes are effective on different dates.Ms. Aditi Mehta, who held the position of Business Unit Director for the Oncology Business Unit, will be relieved from her duties by the close of business hours on June 12, 2026. AstraZeneca Pharma India Limited is actively seeking a suitable replacement for this key role.Mr. Srikanth B.S., Site Lead for India Operations, is scheduled to complete his handover period and cease his duties effective at the close of...

Diamines & Chemicals Ltd Receives Trading Approval for 269,402 Equity Shares Following Preferential Warrant Conversion Diamines & Chemicals Ltd has received trading approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited. The approval pertains to the allotment of 2,69,402 equity shares of Rs. 10/- each, which were issued following the conversion of warrants on a preferential basis.The company confirmed that the newly allotted equity shares are listed and admitted to dealings on both exchanges starting from June 12, 2026. This move marks a significant addition to the company’s capital structure.Upon securing the necessary trading approvals, the Listed Capital of Diamines & Chemicals Ltd will reach Rs...

Garbi Finvest Ltd Declares Financial Results for Quarter and Year Ended March 31, 2026; Audit Notes Qualified Opinion Garbi Finvest Ltd (formerly Golden Properties & Traders Ltd) has released its financial results for the quarter and full year ended March 31, 2026. The company, which operates predominantly in Non-Banking Financial Activities, reported specific figures across its income statement, balance sheet, and cash flow analysis.The Board of Directors held a meeting on May 29, 2026, and took note of the Audited Financial Results of the company for the quarter ended March 31, 2026.Quarterly and Yearly Financial Performance The consolidated financial statements provided detail the company's revenue structure, expenses, and net...

Govind Kripa Enclave LLP Increases Stake in Globe International Carriers Limited through Open Market Purchase Globe International Carriers Limited reported a change in shareholding following the purchase of equity shares by GOVIND KRIPA ENCLAVE LLP on 05/06/2026. The transaction saw the LLP acquire an additional 1,50,000 equity shares, increasing its holding percentage in the company.GOVIND KRIPA ENCLAVE LLP, identified as a Promoter of Globe International Carriers Limited, acquired the shares through open market trading on the National Stock Exchange of India Limited (NSE). The purchase was executed at a value of ₹38,38,155.95.The acquisition brought GOVIND KRIPA ENCLAVE LLP's total shareholding to 4.65% of the company’s total...