Markets

Danube Industries Limited Appoints New Additional Director at Board Meeting Danube Industries Ltd has approved the appointment of Mr. Ajay Kumar Jha as a Non-Executive, Non-Independent (Additional) Director of the company. This decision was made following the Board of Directors meeting held on June 9, 2026.The appointment is subject to the approval of the Members of Danube Industries Ltd and will take effect from June 9, 2026. The newly appointed director will be liable to retire by rotation.Details concerning Mr. Ajay Kumar Jha and his association with the company are provided below:ParticularDetailsNameAJAY KUMAR JHAReason for ChangeAppointment of MR. AJAY KUMAR JHA (DIN: 01795697) as a Non-Executive Non-Independent...

SEBI Appellate Authority Rules on RTI Appeal: Internal Regulatory Data Exempted Due to Strategic Confidentiality Concerns The Securities and Exchange Board of India (SEBI) has delivered a critical ruling regarding the disclosure of internal documents concerning the transmission of securities. The Appellate Authority, acting under the Right to Information (RTI) Act, 2005, clarified that certain regulatory information related to SEBI's supervisory role is exempt from public disclosure due to its strategic and fiduciary nature.The appeal, filed by Samar Imran against the Central Public Information Officer (CPIO), SEBI, addressed a series of queries relating to the implementation and supervision of the "Legal Heirship Certificate"...

Promoter Group Entities Acquire Equity Shares in MSP Steel & Power Ltd MSP Steel & Power Ltd saw open market purchases of equity shares by two entities belonging to its Promoter Group, Ginny Traders Private Limited and Sampat Marketing Company Pvt Ltd. These acquisitions represent increased stake holding across both companies.Ginny Traders Private Limited purchased 23,50,000 equity shares of the company on June 02, 2026. The transaction was valued at Rs. 9,94,00,300.00. Prior to this purchase, Ginny Traders held 84,43,819 equity shares, representing a 1.49% stake in the company. Following the open market acquisition, their holdings stood at 1.90%.Sampat Marketing Company Pvt Ltd conducted its purchases over two days, acquiring a...

HCLTech Launches Cybersecurity Fusion Center in Mississauga to Bolster Canada's Digital Resilience HCLTech has launched its Cybersecurity Fusion Center (CSFC) in Mississauga, Ontario, marking a substantial expansion of its cybersecurity operations within Canada. This new center is part of HCLTech’s global network of 10 CSFCs, reinforcing the company's commitment to supporting growth and enhancing digital resilience across the region.The purpose of the Mississauga center is to centralize advanced capabilities, including AI-driven security operations, real-time threat intelligence, and next-generation cyber defense strategies. These resources are designed to assist enterprises in detecting, responding to, recovering from, and mitigating...

Plastic Pipe Makers Show Strong Q4 Performance as PVC Resin Prices Surge; Gold ETFs See Net Outflows The performance of plastic pipe manufacturers showed significant strength in the fourth quarter (January-March) of FY26, with volumes and revenues hitting multi-quarter highs. However, while margins expanded during the peak demand period, near-term headwinds related to fluctuating PVC prices and rural demand are expected going forward.A sharp surge in PVC resin prices contributed significantly to the strong results for the sector. During March 2026, PVC resin prices surged to $1,150 per tonne, marking an 85 percent sequential increase due to global supply disruptions and geopolitical tensions in West Asia, which led to aggressive...

NCL Industries Promoter Group Sells Shares, Reducing Stake After Inter-Se Transfer The Promoter Group of NCL Industries Ltd has sold a portion of its shares in the company through an inter-se transfer. The sale was recorded on June 5, 2026.The transaction saw the Promoter Group reduce its shareholding in NCL Industries Ltd after holding approximately 0.18% of the total voting capital prior to the disposal.Details regarding the sale and subsequent stake reduction are as follows:StatusShares Carried by GTSANDEEP (Promoter Group)% of Total Voting CapitalBefore Sale Holding81,7220.18%Shares Sold20,0000.04%After Sale Holding61,7220.14%The sale was conducted as an inter-se transfer. Following the disposal of 20,000...

SP Refractories Limited Announces CFO Resignation; Shweta Prabodh Kale Steps Down Effective June 9, 2026 SP Refractories Limited announced that Ms. Shweta Prabodh Kale has resigned from her position as Chief Financial Officer (CFO) and Key Managerial Personnel. The change is effective from the close of business hours on June 9, 2026.The resignation was tendered by Ms. Kale due to increasing professional commitments and dual responsibilities arising from other assignments. Following this transition, she will continue to serve as the Managerial Director of SP Refractories Limited.Ms. Kale expressed gratitude to the Board of Directors and management for the opportunities provided during her tenure at the company. The resignation is...

Aequs’ Subsidiary Invests INR 4 Crores in Toy Manufacturing Entity, Allots 4 Million Shares Aequs Toys Private Limited, a wholly owned subsidiary of Aequs Limited, has made a further investment of INR 4 Crores into Koppal Toys Molding COE Private Limited (KTMCPL). This investment was structured through the allotment of equity shares to Aequs Toys Private Limited in KTMCPL.The transaction involves Aequs Toys Private Limited receiving 4,000,000 equity shares of Rs. 10/- each from Koppal Toys Molding COE Private Limited on a rights basis.Transaction and Target Entity Details Koppal Toys Molding COE Private Limited is engaged in the business of manufacturing and molding all kinds of toys and toy products. The investment was made to meet...

CreditAccess Grameen Ltd Allots 15,348 Equity Shares under Employees Stock Option Plan CreditAccess Grameen Limited announced the allotment of equity shares following the decision by its Executive, Borrowings and Investment Committee. These shares were allotted to employees who exercised options under the CAGL Employees Stock Option Plan - 2011.The committee approved the issuance of 15,348 Equity shares valued at ₹10/- each. The allotment covered eight employees from the company.These allotted ESOP shares will hold pari-passu status with all existing Equity Shares of CreditAccess Grameen Limited in every respect.Key details regarding the share allotment are presented below:DetailSpecificationCompany NameCreditAccess Grameen...

Methodhub Software Ltd Approves Global Expansion through Subsidiary Acquisitions and Overseas Investment Methodhub Software Limited's Board of Directors approved two significant strategic initiatives, focusing on international expansion: the acquisition of a Mexican entity by its subsidiary and the plan to incorporate another wholly owned subsidiary in Costa Rica.The decisions were made during a Board meeting held on Tuesday, June 09, 2026.Acquisition of VENUSGEO SOLUTIONS in Mexico Methodhub Consulting Inc, a wholly owned subsidiary of Methodhub Software Limited, has proposed acquiring a 100% equity stake in VENUSGEO SOLUTIONS, S. DE R.L. DE C.V., an entity domiciled in Guadalajara, Jalisco, Mexico.The target entity, which...

Ramkrishna Forgings Ltd Allots 3,35,000 Equity Shares Following Warrant Conversion by Riddhi Portfolio Private Limited Ramkrishna Forgings Ltd announced the allotment of equity shares following the conversion of warrants held by Riddhi Portfolio Private Limited. The capital market committee approved the conversion of a balance of 3,35,000 warrants into 3,35,000 fully paid-up Equity Shares.The allotment concerns the final conversion of warrants originally allotted on preferential basis to Riddhi Portfolio Private Limited. These warrants were previously issued with a face value of Rs. 2/- each and an issue price of Rs. 2,100/-. The current conversion relates to the exercise of rights by the warrant holder.The company received a total...

SEBI Launches Aggressive Asset Freeze: All Bank and Securities Accounts Attached as Recovery Efforts Intensify The Securities and Exchange Board of India (SEBI) has issued a significant notice ordering the attachment of all accounts belonging to K. Vijaya Rama Raju. The action aims to recover outstanding dues stemming from proceedings related to Ranklin Solutions Limited. This move signals SEBI's persistent enforcement stance against defaulters who failed to clear mandated amounts.The order, dated June 9, 2026, targets both the financial assets and investment portfolios of the individual, K. Vijaya Rama Raju. The attachment covers all bank or post office accounts as well as Demat accounts and mutual fund folios held by the defaulter...

DS Kulkarni Developers Limited Announces Resignation of Company Secretary and Compliance Officer DS Kulkarni Developers Limited (DSKDL) has confirmed that Ms. Sanjana Katlana, the Company Secretary and Compliance Officer, has resigned from her posts, effective June 9, 2026. Consequent to her resignation, Ms. Katlana also ceases to be the company's Compliance Officer.The company stated that Ms. Katlana tendered her resignation due to personal reasons. She had been serving as a Company Secretary and Compliance Officer of DSKDL since July 4, 2024. The announcement details the specific circumstances surrounding the change in personnel at the firm.Key information regarding the departure is summarized below:ParticularsDetailsName...

Happy Square Outsourcing Services Secures Rs 62.64 Lakh Contract from Power Grid Corporation of India Limited Happy Square Outsourcing Services Limited (White Force) has secured a Work Order from M/s. Power Grid Corporation Of India Limited, with the contract aggregating to Rs. 62.64 Lakhs, inclusive of applicable GST.The company received the order on June 9, 2026. The work involves providing Facility Management Services (FMS) at the client's premises or other designated locations. This project is expected to generate revenue for Happy Square Outsourcing Services Limited over the contract period.As per the details provided, the services are scheduled to be provided up until June 30, 2028. The Work Order confirms that the business...

SEBI Appellate Authority Dismisses RTI Appeal, Affirming Information Lags Behind Investor Rights in PACL Case Regulatory Scrutiny Deepens as SEBI Appeals Body Addresses PACL Investment Queries The Securities and Exchange Board of India (SEBI) has issued an order dismissing a significant Right to Information (RTI) appeal related to PACL Ltd. investments. The case involves appellant Vikram Singh, seeking specific details concerning land allotment against his PACL Certificate No. U199140471.The Appellate Authority’s decision reaffirms the boundary of information held by SEBI regarding property disposal and repayment matters related to the defunct entity. This development underscores the ongoing complexity surrounding investor claims in...

Jaykay Enterprises Acquires Preference Shares in JK Digital & Advance Systems Jaykay Enterprises Limited (JKE) has acquired additional preference shares in its wholly owned subsidiary, JK Digital & Advance Systems Private Limited. The transaction was completed on June 09, 2026.The acquisition involved the purchase of 1,50,000 additional preference shares of JK Digital & Advance Systems Private Limited. These shares were purchased for a total amount of Rs. 1,50,00,000/- (Rupees One Crore Fifty Lakhs Only), with each share having a face value of Rs. 100/-.The acquisition was carried out through the Rights Issue and the consideration for these additional preference shares was paid in cash. This transaction ensures that JK Digital...

TCI Industries Ltd Board Meeting Scheduled to Approve Capital Reclassification and Preference Share Issue TCI Industries Limited has announced that its Board of Directors will hold a meeting on Tuesday, 16 June 2026. The meeting is scheduled to address several key corporate actions, including significant changes related to the company's share capital structure.Among the agenda items set for the Board meeting is the approval of the reclassification of Authorized Share Capital. This decision will require a consequent alteration in the Capital Clause of the Company’s Memorandum of Association.Furthermore, the Board is scheduled to consider the issue of redeemable preference shares. These shares are intended for a Private Placement...

Craftsman Automation Ltd meets with institutional investors and analysts Craftsman Automation Limited engaged in multiple one-on-one meetings with various institutional investors on June 9, 2026. These interactions covered key participants from the investment community across several hours of business activity.The company conducted physical meetings with representatives from ADIA, Manulife, and GSAM. The scheduled sessions were held throughout the day, maintaining a structured engagement model.The details of the meetings are as follows:InvestorMeeting TypeDuration (IST)ModeADIAOne-on-one Meeting10:30 A.M. to 11:30 A.M.PhysicalManulifeOne-on-one Meeting12:00 P.M. to 1:00 P.M.PhysicalGSAMOne-on-one Meeting1:30 P.M. to...

KPIT Technologies to Participate in Investec Confluence regarding Q4 FY26 results KPIT Technologies Ltd has announced that its officials will participate in the 'Investec Confluence,' scheduled for Friday, June 12, 2026, in Chennai. The company's participation is set to reiterate the information previously communicated during an investor/analyst call held on Thursday, May 7, 2026.The conference will focus on providing insights related to the quarter and year ended March 31, 2026. KPIT Technologies has confirmed that no unpublished price sensitive information will be shared during the Investec Confluence.Management reiterated that the materials presented at the event will align with the details provided in the previous investor...

Policy Implementation Takes Center Stage as Committee Charts Roadmap for National Cooperation Policy-2025 The Ministry of Cooperation convened the first meeting of the National Level Policy Implementation and Monitoring Committee today, zeroing in on a comprehensive roadmap for the National Cooperation Policy-2025. Guided by Prime Minister Shri Narendra Modi's vision of "Sahkar se Samriddhi," the committee is tasked with modernizing the cooperative sector to significantly energize the rural economy.Chaired by Dr. Ashish Kumar Bhutani, Secretary of the Ministry of Cooperation, the meeting was held at Atal Akshay Urja Bhawan in New Delhi. The committee deliberated on institutional strengthening and ensuring coordinated action across...