Markets

Promoter’s Holding Increases at Tuni Textile Mills as Shares Are Transferred Following Inheritance The promoter group of Tuni Textile Mills Ltd has seen an increase in shareholding consequent upon the transmission of shares following the passing of Late Shri Prabhudayal Sureka. Pradeepkumar Sureka, a promoter of the company, acquired shares via off market transmission relating to his father's holdings.The acquisition details reflect that Pradeepkumar Sureka’s pre-acquisition holding stood at 51,15,500 shares, representing 3.916% of the total share/voting capital as of June 1, 2026. This stake included both voting rights and encumbered shares.The transaction involved an acquisition of 87,13,000 shares, accounting for 6.6699% of the...

Magnum Equity Ex-Top 100 Long Short Fund Launches: Seeks Capital Appreciation Beyond Mega Caps with Limited Derivatives Exposure Mumbai, 12/06/2026 - SBI Mutual Fund has introduced the MAGNUM EQUITY EX-TOP 100 LONG SHORT FUND (MAGNUM SIF), an open-ended investment strategy aimed at generating long-term capital appreciation. This new fund is designed to concentrate on equities outside the top 100 companies by market capitalization, while strategically utilizing limited short exposure through derivative instruments for enhanced risk management and return optimization.The launch of this Specialized Investment Fund (SIF) underscores a proactive approach towards mid-to-small cap opportunities, catering to investors seeking diversification...

L&T Shares Surge Amid US-Iran Deal Hopes, Driven by Strategic Exposure to West Asia Growth Larsen & Tatrob (L&T) saw significant gains on Friday, rising among the top stock gainers on the Nifty indices. The company's shares rose nearly 4 percent, buoyed by market optimism regarding a potential resolution to the ongoing conflict between the US and Iran. This bullish sentiment was fueled by statements made by President Donald Trump concerning negotiations.The stock witnessed strong buying interest throughout the day. At its peak, L&T reached an intraday high of Rs 4,009.80 on the NSE. However, some profit-booking activity near lunchtime slightly tempered these gains, with the stock trading at Rs 3,931.50 per share (up 1.8 percent)...

Silver ETFs Surge as Bullish Domestic Rally Overshadows Global Metal Weakness Exchange-traded funds tracking precious metals saw distinct gains on Friday, bucking the trend of weaker global bullion prices. Silver ETFs recorded significant surges, while gold ETFs also climbed despite spot metal facing headwinds and preparing for a weekly decline.Precious Metals ETF Performance Snapshot Silver ETFs led the charge, with several key funds gaining over 3 percent. Nippon India Silver ETF (SilverBeES) rose 3.05 percent to Rs 228.14 at around 11:20 am. ICICI Prudential Silver ETF also posted a strong performance, rising 3.05 percent to Rs 238.08. SBI Silver ETF advanced 3.02 percent to Rs 233.62, and the Tata Silver ETF climbed 3.11 percent...

SpiceJet Stock Surges as NCLT Rejects Pilot's Insolvency Plea Amid Global Energy Calm SpiceJet shares witnessed a significant rally on Friday, gaining nearly 5%, after the National Company Law Tribunal (NCLT) rejected a plea by a former employee to initiate insolvency proceedings against the airline. This development provided a buoyant lift to investor sentiment towards the financially strained carrier.NCLT Verdict Boasts Confidence in SpiceJet's Future The Delhi bench of the NCLT, comprising Judicial Member Mahendra Khandelwal and Technical Member Anu Jagmohan, officially dismissed the plea filed by Devesh Bbyan, a former SpiceJet pilot. Mr. Bbyan had claimed Rs 1.7 crore, citing unpaid employment dues spanning from March 2020 to...

Suven Life Sciences to Present Three Posters on Samelisant at SLEEP-2026 Annual Meeting Hyderabad, India (June 12, 2026) - Suven Life Sciences Limited, a clinical-stage biopharmaceutical company specializing in CNS disorder treatments, announced that it will present three posters detailing the clinical advancement of Samelisant (SUVN-G3031) at the SLEEP-2026 Annual Meeting. The event is hosted by the Associated Professional Sleep Societies (APSS), LLC and will take place in Baltimore, USA, from June 14-17, 2026.The APSS meeting, which is a joint venture of the American Academy of Sleep Medicine and the Sleep Research Society, serves as a premier scientific forum focusing on sleep medicine, circadian research, and sleep health. SLEEP...

Promoter Group Member Asha Ashok Boob Transfers Shares as Gift in Clean Science and Technology Ltd. Asha Ashok Boob, a promoter group member of Clean Science and Technology Limited, has transferred equity shares through a gift mechanism, resulting in a significant decrease in her stake in the company.The transaction details indicate that Ms. Boob transferred 1,01,00,000 equity shares of Clean Science and Technology Ltd. on June 10, 2026. This transfer was completed as an inter-set transfer among promoters by way of gift, meaning no financial consideration was involved in the transaction.The divestment of these shares led to a reduction in her holding in the company. Prior to this transfer, her stake stood at 9.60% of the paid-up...

Promoter Acquires Shares in Jaro Institute of Technology Management and Research Ltd Sanjay Namdeo Salunkhe, identified as a promoter, has completed the acquisition of shares in Jaro Institute of Technology Management and Research Limited. The transaction, which occurred on June 11, 2026, involved an open market purchase of equity shares by the acquirer.The acquisition saw Sanjay Namdeo Salunkhe acquiring 24,355 shares carrying voting rights. This purchase was carried out in the Open Market.Before this transaction, the holding of shares carrying voting rights by the promoter stood at 1,22,74,485 shares, representing 55.11% (as per total share) and 54.82% (as per diluted share/voting capital).Following the acquisition of these...

Promoter Sells Equity Shares of Clean Science and Technology Ltd, Reducing Stake by 3.11% Ashok Ramnarayan Boob, a promoter of Clean Science and Technology Limited, transferred equity shares of the company on June 10, 2026. The transaction resulted in a reduction of his holding from 3.45% to 0.35%.The transfer involved 33,00,000 equity shares of the company. According to the details, the offmarket inter-set transfer was executed by way of gift, meaning no consideration was involved in the sale.Ashok Ramnarayan Boob's shareholding prior to the transaction stood at 36,71,510 shares, representing a stake of 3.45% of the paid up share capital as of March 31, 2026. Following the transfer, his holding stands at 3,71,510 shares, which...

Promoter Entity A Flex Invest Acquires Equity Shares in Aeroflex Enterprises Ltd. Aeroflex Enterprises Ltd. has confirmed that it received a disclosure regarding the acquisition of its equity shares by M/s. A Flex Invest Private Limited. The acquiring entity is part of the promoter group associated with Aeroflex Enterprises Ltd.The notification pertains to the substantial acquisition of equity shares in Aeroflex Enterprises Ltd. by A Flex Invest Private Limited. This action was reported as mandated under regulations pertaining to the acquisition of shares by promoters.AEROENTER Stock Price Movement As of 11:31 AM, Aeroflex Enterprises Limited shares are rallying higher to ₹105.80, logging a strong 2.88% gain in live trading today...

Promoter Sells Equity in Poojawestern Metaliks Ltd; Stake Reduced Following Two-Day Transaction Poojawestern Metaliks Limited witnessed a sale of equity shares by promoter Sunil Devram Panchmatiya and associated persons acting in concert (PAC) over two consecutive days, resulting in a reduction of the seller's holding. The transactions took place against the backdrop of the company's capital structure.The sales were executed through open market transactions on June 9, 2026, and June 10, 2026. Promoter Sunil Devram Panchmatiya sold shares worth Rs. 10/- each.Key transaction details are as follows:Date of TransactionName of PersonCategoryNo of Shares Sold%f ChangeJune 09, 2026Sunil Devram PanchmatiyaPromoter30,0000.30%June...

Regulatory Overhaul: Govt Unifies TV and Radio Broadcasting Under New Draft Rules, Boosting Ease of Business Drafting New Framework for Indian Broadcast Media The Ministry of Information and Broadcasting has released the draft Telecommunications (Television, Radio and Associated Services) Rules, 2026. These rules are set to introduce a unified regulatory framework across the television and radio broadcasting sector in India. The issuance follows the passage of the comprehensive Telecommunications Act by Parliament in 2023, which replaced the outdated Telegraph Act of 1885.The draft legislation is designed to simplify and harmonize the existing regime for broadcasters. It aims specifically at promoting ease of doing business within the...

GNFC Re-engages Executive Director Pankaj Purohit for Fixed Term Contract After Retirement Transition Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) has re-engaged Shri Pankaj Kanaiyalal Purohit as an Executive Director on a fixed term contractual basis. The re-engagement follows the previous retirement of Mr. Purohit from his role at the company, with effect from May 31, 2026.Shri Purohit was appointed back to the management position effective June 12, 2026. This engagement is initially set for a period of six months and may be extended by a further six months, subject to the approval of the Managing Director.The re-engagement marks a continuation of Mr. Purohit's long tenure and extensive experience within GNFC, as...

Shadow Markets Predict Blockbuster SpaceX Debut: Derivatives Signal Trillion Dollar Pop Amid AI & Space Scramble Shadow markets are signaling a massive valuation surge for Elon Musk’s company, SpaceX, predicting a stock debut that could see shares rise by at least 35%. The high appetite from investors for assets sitting at the intersection of artificial intelligence and space infrastructure is being reflected across various derivatives platforms.Derivatives offered by IG International pointed towards an enormous market value of $2.4 trillion on Friday morning in Singapore. This valuation implies a significant gain, suggesting that SpaceX shares could trade at substantially more than the initial public offering price of $135...

PPFAS Mutual Fund Acquired Shares in EID Parry India Ltd, Increasing Stake to 5.83% PPFAS Mutual Fund through its Schemes has increased its holding in EID Parry India Limited following an Open Market acquisition of shares carrying voting rights. The transaction marks a significant increase in the fund's stake in the company.The acquisition was completed on June 9, 2026. Previously, PPFAS Mutual Fund held 86,39,185 shares representing a 4.86% stake in EID Parry India Limited. Through this recent transaction, which involved acquiring 17,40,094 shares carrying voting rights via the open market, the combined holding of PPFAS Mutual Fund and Persons Acting in Concert (PAC) now stands at 1,03,79,279 shares.The acquisition details provide...

Promoter Acquires 25,738 Shares of Gandhar Oil Refinery (India) Ltd through Open Market Ramesh Babulal Parekh, identified as a Promoter and Director, has acquired 25,738 equity shares of Gandhar Oil Refinery (India) Limited via the open market. The acquisition was completed on June 9, 2026.This transaction updates the holding structure concerning the company's promoter group. Prior to this purchase, Ramesh Babulal Parekh held 2,80,63,889 shares of Gandhar Oil Refinery (India) Ltd, representing a 28.67% stake in the company.Following the open market acquisition of 25,738 shares, Mr. Parekh’s holding increased to 2,80,89,627 shares, resulting in a stake of 28.69%.The transaction details and the change in shareholding are summarized...

Investment Update: CRAFT and CITADEL Capital acquire 5.58% stake in SMR Jewels Ltd through allotment CRAFT EMERGING MARKETFUNDPCC- CITADEL CAPITAL FUND and CRAFT EMERGING MARKETFUNDPCC- ELITE CAPITAL FUND have acquired a stake in SMR Jewels Limited through an allotment process. The acquisition, which took place on June 05, 2026, increased the holding of the two funds to 5.58% of the total diluted share/voting capital of SMR Jewels Ltd.The acquirers, neither of whom belongs to the promoter group, acquired 1,041,000 shares through this allotment. Prior to the acquisition, the combined holding of the acquiring entities was NIL in terms of shares carrying voting rights and shares in the nature of encumbrance.Following the transaction...

AVG Logistics Secures Three-Year Contract from Haldiram-Nagpur for Fleet Deployment AVG Logistics Limited, a leading provider of multimodal logistics solutions in India, has secured a significant long-term transportation contract with Haldiram-Nagpur. The agreement involves deploying 100 dedicated vehicles to manage the logistics and distribution needs of the renowned FMCG brand across various regions of India.The contract provides AVG Logistics a strategic foothold in the fast-moving consumer goods (FMCG) sector. Over the initial three-year period, the contract is expected to generate approximately ₹35 Crore in annual revenue for the company. The scope of work requires AVG Logistics to support Haldiram-Nagpur across the Western and...

After Dark Blue Unveils Premium Avatar to Strengthen Presence in Deluxe Whisky Segment New Delhi, June 12, 2026 - Radico Khaitan Limited, a leading homegrown alcobev company, has unveiled the all-new premium avatar of After Dark Blue Grain Whisky. The brand refresh reflects an adaptation to changing consumer preferences and the escalating demand for sophisticated, aspirational experiences within the spirits industry.As the Indian market continues to see momentum in premiumization, Radico Khaitan reimagined After Dark Blue with a refreshed design language designed to align with contemporary market trends while preserving the quality and character that have driven the brand’s success.Commenting on the relaunch, Mr. Abhishek Khaitan...

Promoter Group Gifts Equity Shares in Inter-Se Transfer to Siyaram Silk Mills Ltd. Promoters of Siyaram Silk Mills Limited have engaged in an inter-se transfer of equity shares, gifting 10,28,593 shares to fellow promoters, according to details provided by the company.The transaction involved Shri Shrikishan Poddar, who transferred his shares. The acquirers were identified as Mr. Ramesh Kumar Poddar, Mr. Avnish Poddar, Mr. Gaurav Poddar, Mr. Anurag Poddar, and Mr. Ankit Poddar. The transfer was conducted by way of a gift and carried no consideration.The transaction resulted in changes to the shareholder composition among the promoter group. As per the detailed shareholding figures, the pre-transaction holdings reflect the status...