Markets

Jash Engineering Reports Strong Order Book Position; Overseas Orders Account for Rs 627 Cr as of June 1, 2026 Jash Engineering Limited has provided an update on its order intake and consolidated order book strength. The company reported that the total orders received in May 2026 amounted to Rs 34 Cr., which was split between domestic and international markets.The May order intake included projects from key clients across both geographies. In India, orders totaling Rs 15 Cr. were secured, driven by Pulkit Projects of Delhi and Laxmi Civil Engineering Services Pvt. Ltd. of Nagpur. Internationally, the company received Rs 19 Cr., contributed by Hilla Sewerage in Iraq and JN Bentley in the UK.Consolidated Order Book Details As of June...

Jio Financial Services Executives Participate in Bank of America Organized Asia Conference Jio Financial Services Limited executives recently participated in an institutional investors' meeting organized by a third party, involving a conference hosted by Bank of America.The engagement, held on June 9, 2026, allowed company representatives to participate in discussions set during the 2026 Asia Conference. The event, which utilized both In-Person and Virtual modes from New York, offered opportunities for both One-on-One and Group interactions with attendees.The meeting details are summarized below:DateType of Meeting/EventModeNature of MeetingJune 9, 20262026 Asia Conference organized by Bank of AmericaIn-Person/ Virtual (New...

Khamgaon Land Development Trading Co Acquires 12.55% Stake in Isinox Ltd from Isisales India Private Ltd Khamgaon Land Development Trading Co Private Limited has acquired a significant stake of 785,593 equity shares (representing 12.55%) of Isinox Ltd. from Isisales India Private Limited. The transaction represents an indirect voting right equivalent to 0.028% in the Target Company, India Homes Limited.The acquisition took place between June 5, 2026, and June 8, 2026. During this period, the total equity share capital of India Homes Limited was reported as 398,080,925 shares of Re. 1/- each, which remained unchanged both before and after the said acquisition.The details of the disposition are summarized below:ParameterDetails...

Promoter Group Sells Shares in Arman Holdings Limited A group of Persons Acting in Concerts held shares in Arman Holdings Limited and completed a significant disposal transaction on 09/06/2026. The sale involved several individuals and corporate entities, all belonging to the promoter group of the target company.The shares were sold via the Open Market route. Deepak Kumar Babel, alongside Manasvini Trading Private Ltd, Priyadarshani Deepak Babel, Amit Kumar Kanther Jain, Rajesh Tater, and Sangeeta S Jain, are listed as the Persons Acting in Concerts involved in the transaction for Arman Holdings Limited (Scrip code: 538556).Before the disposal, the collective holding of these entities stood at 244,700 shares, representing 4.70% of...

Encumbrance Created Over Affle 3I Ltd Shares as Part of Facility Agreement Axis Trustee Services Limited, GIFT City branch and Axis Trustee Services Limited announced the creation of indirect encumbrances over the shares of Affle 3i Limited (ListCo) in relation to a facility agreement entered on June 5, 2026. The facility was provided to AGPL Pte. Ltd. (the Borrower), with Affle Holdings Pte. Ltd. acting as Guarantor.The arrangement involves several parties, including the original lenders, Axis Trustee Services Limited (as Facility Agent and Security Agent), and the Borrower and Guarantor.As of the date of the facility agreement, the shares held by the involved parties stand as follows:Borrower: AGPL Pte. Ltd. holds 20,089,555...

Navroze Marshall Acquires Shares in Simmonds Marshall Ltd via Open Market Transaction Mr. Navroze Marshall, identified as a promoter, has completed the acquisition of shares in Simmonds Marshall Ltd. The transaction took place on June 08, 2026, through the open market. This acquisition slightly increased his holding in the company.The data detailing Mr. Marshall's holding and the acquisition is presented below:DetailPre-Acquisition HoldingTransaction DetailsPost-Acquisition HoldingTarget CompanySimmonds Marshall LtdMode of AcquisitionOpen MarketAcquirer/PACMr. Navroze MarshallDate of AcquisitionJune 08, 2026Shares Carrying Voting Rights (Pre)47,26,036 shares (42.20%)Shares Acquired3,021 shares (0.03%)Total Equity Share...

Promoter Group Acquires Shares in Premier Polyfilm Limited D L MILLAR & CO LTD, a promoter group company of Premier Polyfilm Limited, has acquired equity shares of Premier Polyfilm Limited in the open market. The acquisition occurred on June 09, 2026.The transaction details regarding the acquisition are as follows:TransactionNumber of Equity Shares AcquiredPercentage of Total ShareholdingDate of TransactionAcquisition1,99,2180.19%June 09, 2026This acquisition updates the shareholding status of D L MILLAR & CO LTD in Premier Polyfilm Limited. Before this transaction, the acquirer held 1,53,41,027 shares, representing a 14.65% stake in the company. Following the open market purchase on June 09, 2026, the total holding of D L...

Gold & Silver ETFs Plunge Amid Global Uncertainty; Premiums Take Heavy Hit Following Major Corrections India's precious metal exchange-traded funds (ETFs) faced a sharp reversal in investor sentiment during May. Silver commodity funds recorded their fourth consecutive month of outflows, while gold ETFs registered net redemptions for the first time in an entire year. These reversals were driven by steep price corrections and the introduction of new import duty measures.Plummeting Outflows in Precious Metal ETFs Silver ETFs saw significant capital attrition during May, recording cumulative outflows totaling Rs 2,133.15 crore. This trend follows losses recorded in April (Rs 126.7 crore), February (Rs 826.3 crore), and March (Rs 683.91...

Century Vision Acquires 31,000 Shares of Beekay Steel Industries Ltd in Open Market Century Vision Private Limited, a promoter group entity, has acquired 31,000 equity shares of Beekay Steel Industries Limited (BSIL) through the open market. The acquisition was executed on June 8, 2026.The purchase resulted in Century Vision's increased holding in BSIL. Prior to this transaction, the total share capital of Beekay Steel Industries Ltd was 19,072,052 shares. Following the acquisition, the total voting capital remained at 19,072,052.Key details regarding the acquisition are presented below:MetricBefore AcquisitionAfter AcquisitionShares Carried Voting Rights (A)3,663,0403,694,040Total shares Acquired/Sold (Open...

Aditya Himmat Bhansali Acquires 21.8 Lakh Shares in P.H. Capital Ltd, Reaching 72.7% Stake Mr. Aditya Himmat Bhansali has acquired a significant stake in P.H. Capital Limited (P.H. Capital), acquiring 21,81,201 equity shares of the company. This acquisition was finalized through a combination of a Share Purchase Agreement dated December 20, 2025, and the completion of an Open Offer on June 05, 2026.The acquired shares are fully paid-up equity shares with a face value of ₹10 each. Following this transaction, Mr. Aditya Himmat Bhansali has become the promoter of P.H. Capital Limited.Details regarding the acquisition and the resulting stake in P.H. Capital Ltd are presented below:MetricPre-Acquisition HoldingPost-Acquisition...

RBI Extends Compliance Mandate for Kshirsagar Sahakari Bank as Regulatory Oversight Continues Reserve Bank of India Stays Hand on Banking Regulation Act, 1949 Compliance Timelines The Reserve Bank of India (RBI) has officially extended the period for compliance regarding specific directives issued to Loknete R.D. (Appa) Kshirsagar Sahakari Bank Ltd., Niphad, Tal. Niphad, Dist. Nashik. This decision relates to Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949.The RBI confirmed that extending this period was deemed necessary in the public interest. The regulatory body moved to modify the existing mandate originally issued on December 15, 2025. This action underscores the ongoing supervisory role...

RBI's Mega Forex Measures: $70 Billion Inflows Expected to Halt BoP Deficit in FY27 Reserve Bank of India’s New Forex Toolkit Explained The Reserve Bank of India (RBI) has unveiled a significant package of foreign exchange measures, designed to attract substantial capital inflows into the domestic market. These initiatives are expected to mobilize up to $70 billion through various mechanisms, which could potentially reverse the country's balance of payments (BoP) deficit in FY27.The RBI introduced these "bazooka" reforms during its recent Monetary Policy Committee (MPC) meeting. The measures primarily focus on establishing a special swap window for Foreign Currency Non-Resident Bank (FCNR-B) deposits and facilitating External...

ICICL Prudential Mutual Fund Acquires Shares of Travel Food Services Ltd., Crossing 5% Ownership Threshold ICICL Prudential Mutual Fund has increased its stake in Travel Food Services Ltd. by acquiring shares on the open market, pushing its total holding above the 5 percent mark of the company’s paid-up capital.The acquisition was completed on June 08, 2026, with the Fund purchasing 1,00,011 shares of Travel Food Services Ltd. This purchase means that the schemes and investment strategies of ICICL Prudential Mutual Fund now hold a stake exceeding 5 percent in the Company’s shareholding structure.The acquisition was carried out through the open market. Before the transaction, the Fund held 65,06,265 shares, representing 4.941% of the...

Hindustan Zinc and Sulfozyme Agro Partner to Boost Sustainable Metal Recovery under Zinc Park Initiative Hindustan Zinc Limited, a leading integrated zinc producer, has signed a Memorandum of Understanding (MoU) with Sulfozyme Agro India Pvt. Ltd. The partnership centers on the company's flagship Zinc Industrial Park initiative, aimed at advancing sustainable metal recovery and strengthening India's downstream zinc sector.The collaboration involves establishing Sulfozyme Agro's operations within the Zinc Industrial Park located in Khankhala, Bhilwara district, Rajasthan. This strategic alliance positions Sulfozyme Agro to process zinc-based materials into value-added products destined for industrial and downstream applications...

ICICI Prudential Mutual Fund Crosses 5% Stake in JK Lakshmi Cement After Acquiring Shares ICICI Prudential Mutual Fund has significantly increased its investment in JK Lakshmi Cement Ltd, following the acquisition of equity shares. The fund's various schemes and investment strategies purchased 7,50,000 shares of the company on June 08, 2026, causing the holding to exceed 5% of the paid-up capital.The purchase was made by ICICI Prudential Mutual Fund and its affiliated schemes/investment strategies. The fund's holding is described as purely an investment perspective, without any objective of seeking a controlling interest in JK Lakshmi Cement Ltd.Prior to the acquisition, the mutual fund held 61,84,525 shares, representing 4.982% of...

IndiGo Plans Himalayan Overflights as Global Airspace Curbs Force Costly Reroutes Indian aviation giant IndiGo is actively exploring the possibility of operating flights over the Himalayas as prolonged international airspace restrictions severely disrupt long-haul operations. This strategic pivot addresses operational challenges created by geopolitical crises in West Asia and prior airspace closures, which have forced Indian carriers to reroute significantly bound for Europe, North America, and Canada.Navigating Geopolitical Disruptions and Airspace Constraints The need for alternative routing solutions has become critical due to escalating global tensions. Earlier restrictions triggered by Operation Sindoor last year, alongside...

Sagar Cements Subsidiary Commences Operations, Boosting Cement Grinding Capacity and Group Capacity Sagar Cements Ltd.'s subsidiary has expanded its industrial footprint in Madhya Pradesh after successfully commissioning additional installed capacity at its cement manufacturing plant.The company's subsidiary, Sagar Cements (M) Private Limited (SCMPL), has commenced commercial operations of an added installed capacity of 0.5 MTPA (Million Tonnes Per Annum). This expansion occurred at the cement manufacturing plant located in Jeerabad, Tehsil Gandhwani, Dhar District, Madhya Pradesh.The commissioning of this new unit has significantly enhanced the operational scale of SCMPL. The total cement grinding capacity of the company has...

Clean Max Enviro Shares Surge to All-Time High After Announcing Major Renewable Energy Partnership with Meta Clean Max Enviro Energy Solutions witnessed a spectacular surge in its stock as it announced a significant partnership with Meta Platforms in India. The announcement of the renewable energy deal sent market enthusiasm soaring, driving the share price up significantly.The stock hit a fresh all-time high on Wednesday, reaching Rs 1,421.20 per share on the NSE. This strong performance reflected the market's positive reaction to the collaboration with the global tech giant.Market Reaction and Stock Performance The company’s shares opened with a substantial gap-up of 9.54 percent after the news was disclosed to the exchanges. The...

Baazar Style Retail Limited adds new store in Odisha, boosting total retail presence Baazar Style Retail Limited, a growing entity in the retail sector, announced the opening of a new Style Baazar store located in Rasulgarh, Odisha. This expansion marks a key step in the company's ongoing growth strategy.The addition of the Rasulgarh outlet brings the company’s overall network to 275 stores as of June 10, 2026.The move highlights Baazar Style Retail Limited’s continued retail footprint extension across various locations, solidifying its presence in the market.STYLEBAAZA Stock Price Movement Shares of Baazar Style Retail Limited continue gaining momentum, trading at ₹330.75—a rise of 0.82% from the previous close—as of 11:54 AM...

Stock Filings Flag Major Red Flags: Three Years of Inconsistent Shares and Shaky Retail Voting at Rajesh Exports Rajesh Exports Limited is facing increased scrutiny as an analysis of its regulatory disclosures reveals persistent inconsistencies in share counts across multiple filings over the past four years. The company’s reports show variances in outstanding shares, coupled with highly erratic patterns regarding retail shareholder participation during annual general meetings (AGM). These discrepancies are creating governance concerns among financial experts.Major Discrepancies in Share Counts Across Filings A review of documents filed between 2022 and 2025 indicates that the number of shares reported by Rajesh Exports varied...