Markets

Non-Executive Director Resigns from SIA Logisol India Private Limited, a Subsidiary of S J Logistics S J Logistics (India) Limited has announced the resignation of Mr. Bala Murugan Pitchaih Velldoss from the Board of Directors of its subsidiary, SIA Logisol India Private Limited. The change, effective June 11, 2026, pertains to the role of Non-Executive Director on the subsidiary's board.The company confirmed that the resignation was due solely to pre-occupation in another assignment and noted that there were no other material reasons for the decision.SIA Logisol India Private Limited is a subsidiary under S J Logistics (India) Limited. The transition details regarding the directorial change are summarized below...

Independent Directors Committee Concludes Open Offer Price Fair and Reasonable for Sharp India Ltd Sharp India Limited confirmed that its Committee of Independent Directors has reviewed the ongoing Open Offer initiated by Smart Services Private Limited, concluding that the offer price is fair and reasonable.The meeting of the Committee of Independent Directors was held on June 11, 2026, to discuss, analyze, and review the terms of the Open Offer concerning Sharp India Limited.The Acquirer, Smart Services Private Limited, initiated the Open Offer pursuant to a Public Announcement dated April 14, 2026, a Detailed Public Statement on April 20, 2026 (published on April 21, 2026), and a Letter of Offer dated June 3, 2026.The Committee...

Tara Chand InfraLogistic Solutions Approves Key Director Reappointments, Names New Statutory Auditors Tara Chand InfraLogistic Solutions Limited announced several key operational and governance approvals following its Board of Directors meeting held on June 11, 2026. The board considered and transacted decisions related to director re-appointments, the appointment of statutory auditors, and the planning for the company's upcoming Annual General Meeting (AGM).During the meeting, the Board reviewed and approved the financial year ended on March 31, 2026. Key leadership positions were confirmed, including the re-appointment of directors for subsequent terms.Director Appointments Confirmed The Board approved the re-appointment of two...

Prestige Group and BACL Partner to Unveil Landmark Convention and Integrated Destination in Bengaluru Airport City Bengaluru: The Prestige Group, in collaboration with Bengaluru Airport City Limited (BACL), announced a landmark integrated destination within Bengaluru Airport City. This project is set to seamlessly combine business, hospitality, culture, and experiences into one connected ecosystem, marking a major milestone for the evolution of the Airport City as a vibrant urban hub.The development is designed as a world-class hub encompassing business, hospitality, and culture. It will feature an iconic convention and exhibition centre, luxury hotels under the globally renowned St. Regis and Marriott Marquis brands, premium office...

HDB Financial Services Completes Allotment of Secured Redeemable NCDs Worth Rs 15,50,00,00,000 in Private Placement HDB Financial Services Limited has completed the allotment of Secured Redeemable NonConvertible Debentures (NCDs) on a private placement basis. The company allotted a total of 1,55,000 NCDs, aggregating to Rs 15,50,00,00,000/-.The debenture allotment details cover both re-issuance and fresh issuance tranches, with all instruments proposed for listing on the Wholesale Debt Market Segment of BSE Limited.Details regarding the size and value of the allotments are as follows:ParticularsRe-Issuance NCDsFresh Issuance NCDsSize of the issue30,000 NCDs @ Rs 1,00,000/- each (Totaling Rs 3,00,00,00,000/-)1,00,000 NCDs @ Rs...

India’s Labour Reforms Surge: How New Codes and Digital Infrastructure are Revolutionizing Employment and Social Security Union Minister of State Shobha Karandlaje led the Indian delegation in Geneva, addressing the 114th International Labour Conference (ILC). Addressing the global focus on decent work, the Ministry highlighted comprehensive structural reforms guided by "Antyodaya," demonstrating India's rapid progress in labour market development and social protection expansion.Landmark Reforms Simplify Labour Compliance Across India Ms. Shobha Karandlaje underscored that India has undertaken wide-ranging labour reforms through the consolidation of 29 Central Labour Laws into four simplified Labour Codes. These codes are designed to...

Ramkrishna Forgings Ltd. Registers Conversion of Warrants into Equity Shares by Riddhi Portfolio Pvt. Ltd. Ramkrishna Forgings Limited announced a key operational update regarding its shareholding structure, noting the conversion of warrants into equity shares by Riddhi Portfolio Private Limited. The transaction details pertain to the conversion of 3,35,000 warrants into an equivalent number of fully paid-up equity shares of Ramkrishna Forgings Limited.The acquisition event took place on June 09, 2026. As part of this process, 3,35,000 warrants were converted into 3,35,000 equity shares, each having a face value of Rs. 2/- (Rupees Two).Market and Capitalization DetailsThe conversion affects the total share capital and voting...

S J Logistics Approves Increased Borrowing Limits, Addresses Office Shift in Board Meeting S J Logistics (India) Limited conducted a Board meeting on June 11, 2026, where the directors reviewed and approved several significant corporate actions, including setting new financial limits for borrowing and providing security, as well as greenlighting the move of the company's registered office.During the meeting, the Board considered measures to increase the Company’s operational capacities and authorizations, all subject to subsequent shareholder approval. Key resolutions included:Increased Borrowing Limits: Approval was given to raise the borrowing limits of the Company up to X500 Crores (Rupees Five Hundred Crores Only) or an amount...

iSERA Lifesciences Completes Name Change from Covidh Technologies; Approves New Corporate Logo iSERA Lifesciences Limited, formerly known as Covidh Technologies Limited, completed a series of significant corporate transitions following its Board meeting held on June 11, 2026. The company confirmed the change in its corporate identity and approved the adoption of a new logo reflecting its strategic direction toward the life sciences sector.The company noted the shift from "Covidh Technologies Limited" to "iSERA Lifesciences Limited," effective with corresponding changes in its trading identifiers. The Scrip ID transitioned from "COVIDH" to "ISERA," as communicated by BSE Limited, and the change is scheduled to be operational on June...

Kundan Edifice Limited Secures Order Worth Approximately INR 1.05 Crore from Orient Electric Kundan Edifice Limited has received an order aggregating to approximately INR 1.05 Crore from Orient Electric Limited for the supply of lighting products. The order is scheduled for execution during June 2026, as part of Kundan Edifice Limited's core business operations.The contract pertains to the supply of key lighting components, including HV Flex (Rope Lights) and LV Flex (Strip Lights), which form part of Kundan Edifice Limited’s established product portfolio.The receipt of this order highlights the company’s continued engagement with Orient Electric Limited, a leading entity in the electrical and lighting industry. This business...

PI Industries Schedules Interactions with Institutional Analysts in June 2026 PI Industries Ltd has scheduled several one-on-one meetings with institutional investors and financial analysts in Mumbai during June 2026. The interactions are focused on providing updates and insights regarding the company's operations, as part of ongoing investor engagement efforts.The company confirmed that no unpublished price sensitive information is planned for sharing during these specialized meetings.PI Industries Ltd provided a detailed schedule outlining the engagements with various financial entities. These scheduled interactions are set to take place entirely in Mumbai.The meeting details are presented below:Date of MeetingInstitutional...

Indergiri Finance Posts Net Loss for the Year, Audit Qualified Over Regulatory Threshold Indergiri Finance Ltd has reported its audited financial results for the year ending March 31, 2026, noting a net loss despite maintaining healthy asset and equity levels. The company’s audit report included a Qualified Opinion, primarily citing the continued non-maintenance of the mandated Net Owned Fund (NOF) as required by the Reserve Bank of India (RBI).The company's financial performance metrics for the year show that Total Income stood at 355.07 Lakhs, while Total Expenditure was reported at 536.6 Lakhs. This resulted in a net loss of 181.53 Lakhs for the quarter and year combined.Key figures from the audited results are presented below...

CarTrade Tech Ltd Increases Paid-up Capital Following Allotment of Equity Shares via ESOPs CarTrade Tech Limited reported a significant increase in its paid-up share capital following the allotment of equity shares to employees across three distinct Employee Stock Option Plan (ESOP) schemes. The transaction was approved by the Company's Board of Directors on June 11, 2026.The allocation of shares under ESOP 2010, ESOP 2011, and ESOP 2014 resulted in the paid-up share capital increasing from Rs. 47,92,80,350/- to Rs. 48,02,30,350/-. Correspondingly, the total number of equity shares increased from 4,79,28,035 to 4,80,23,035, with all newly issued shares having a face value of Rs. 10/- each.The allotment involved various plans...

Riddhi Portfolio Completes Warrant Conversion in Ramkrishna Forgings, Boosting Equity Share Capital Riddhi Portfolio Private Limited has completed a significant conversion of warrants into equity shares in Ramkrishna Forgings Limited. The transaction, which took place on 09/06/2026, involved the conversion of 3,35,000 warrants into fully paid-up equity shares of Ramkrishna Forgings Limited.The acquisition and subsequent conversion relate to Riddhi Portfolio Private Limited's stake in Ramkrishna Forgings Limited. The details of the share capital structure before and after this conversion have been noted by the company.Key Details of Acquisition and ConversionThe warrants were converted into one fully paid-up equity share of the...

Subsidiary of PNC Infratech achieves Provisional Completion Certificate for Kanpur Lucknow Expressway Project PNC Infratech Limited has seen its subsidiary, Kanpur Lucknow Expressway Private Limited, secure a Provisional Completion Certificate (PCOD) for a major infrastructure undertaking. The PCOD, issued on June 10, 2026, certifies that the project is fit for entry into commercial operations as of April 27, 2026.The PCOD relates to a Hybrid Annuity Mode (HAM) project executed by Kanpur Lucknow Expressway Private Limited, in collaboration with the National Highways Authority of India (NHAI). The concessionaire's project involved constructing six lanes upgradable to eight lanes of the Kanpur Lucknow Expressway, including the spur...

Atmastco Receives In-Principle Approval from NSE for Issuance of Warrants Conversion Shares Atmastco Limited has secured in-principle approval from the National Stock Exchange of India Limited (NSE) regarding the issuance of equity shares pursuant to a preferential allotment through warrant conversion.The company received this approval, issued by the NSE on June 10, 2026. This relates to an application submitted by Atmastco to the NSE on May 14, 2026.Under the approved issuance, Atmastco is authorized to issue two tranches of equity shares:35,00,000 Equity Shares of Rs. 10/- each. 60,00,000 Equity Shares of Rs. 10/- each.These shares are being allotted following the conversion of warrants through a Preferential Issue.The...

Appellate Order on Tax Demand: Bajaj Electricals Sees Original Liability Reduced Following State Tax Appeal Ruling Bajaj Electricals Ltd has received an appellate order concerning a previous tax demand related to the financial year 2018-19, which partially accepted the company's submissions and reduced the liability.The company had been subject to a tax demand regarding alleged differences in the tax payable, input tax credit (ITC), B2B tax declared, and credited notes for FY 2018-19. The original tax demand stood at Rs. 1.34 crore, which included a general penalty of Rs. 6.40 lakh.The Appellate Authority, Office of the Additional Commissioner of State Tax (Appeal), issued an order on June 10, 2026. This appellate ruling resulted in...

Paramatrix Technologies Increases Stake in Metasys to 76% After Completing Second Acquisition Tranche Navi Mumbai, India (June 11, 2026) - Paramatrix Technologies Limited, a provider of enterprise software products and digital IT services, has successfully completed the second tranche of its acquisition of Metasys Software Private Limited. Following this transaction, Paramatrix has increased its equity stake in Metasys to 76%, up from 51%.The phased acquisition structure ensures a seamless transition for the organizations, building a strong foundation for long-term collaboration. This completion follows the first tranche, which was executed in January 2026, at which time Metasys became a subsidiary of Paramatrix.Metasys is an...

My Mudra Fincorp Limited Appoints EquiBridgeX Advisors for Investor and Public Relations Services My Mudra Fincorp Limited has appointed EquiBridgeX Advisors Private Limited to serve as its dedicated Investor and Public Relations Advisory Services. The appointment is effective starting June 11, 2026.The selection of EquiBridgeX Advisors Private Limited marks a key step in the company's communication structure for investors and the public.My Mudra Fincorp Limited has confirmed that EquiBridgeX will handle advisory services related to investor relations and corporate communications.MYMUDRA Stock Price Movement Shares of My Mudra Fincorp Limited are edging higher to ₹74.00 as of 1:17 PM today, gaining 1.79%. The stock saw a total...

Promoter Group Entity Acquires Shares in Vikram Aroma Ltd through Inter-se Gift Transfer Vikram Aroma Ltd shares saw an increase in promoter holding after an inter-se transfer by way of gift, according to details released by the acquiring party on June 10, 2026.Mr. Ghanshyambhai Karsandaspatel and associated persons acting in concert recorded the acquisition of 1,50,000 shares in the company through this transaction. The acquirer confirmed that they belong to the Promoter group.The details of the share holding pre-acquisition were as follows:Shares carrying voting rights held by the Acquirer and PACs: 19,17,807 Percentage of total share/voting capital held before acquisition: 61.16%Following the inter-se transfer by way of...