Markets

Vaneet Kumar Appointed Chief - Batteries and Executive Director at PCBL Chemical Limited PCBL Chemical Limited has appointed Mr. Vaneet Kumar as Chief - Batteries and Executive Director, effective June 9, 2026. The appointment comes as part of strengthening the company's leadership in advanced energy storage solutions.Mr. Kumar possesses over two decades of valuable industry experience spanning the automotive sector, energy storage technologies, and leading innovation in battery technology. His extensive professional history includes tenures at organizations such as SVOLT Energy Technology, ACME Cleantech Solution Pvt. Ltd, and Great Wall Motors Pvt. Ltd. Prior to this role, he served as SVP&CTO - Battery with Adani New Industries...

Teamtech Formwork Solutions Limited Secures Significant Order for Supply of Formwork Teamtech Formwork Solutions Limited has secured a substantial order related to the supply of formwork. The contract was awarded by Lloyds and is expected to be executed within the specified timeline, representing an ordinary course of business for the company.The significant contract details were confirmed, indicating that the agreement involves supplying specialized formwork materials. The terms stipulate execution must be completed within 45 days from the issuance of the Purchase Order (PO).Key parameters of the order are as follows:ParticularsDetailsName of entity awarding the orderLloydsNature of order/contractSupply of formwork...

Sundaram Finance Reports Exercise of Stock Options Under Employee Scheme Sundaram Finance Limited has reported the exercise of stock options granted under its Employee Stock Option Scheme. The transaction pertains to Grant 15 and relates to employees who held options granted in 2023.The company confirmed that the options, which were issued during the Sundaram Finance Employee Stock Option Scheme - 2008 (SFESOS), have been exercised as of June 9, 2026. This exercise involved a specified number of option holders and relates to the stock grant dating back to May 26, 2023.The details of the ESOP exercise are as follows:GrantValueNumber of Options Exercised71Date of Grant26.05.2023Exercise DateJune 9, 2026No. of Option...

Gulshan Polyols Ltd Discusses Financial Results and Company Developments in Media Interaction with NDTV Profit Gulshan Polyols Limited participated in a media interaction on June 09, 2026, to discuss the company's latest financial results and recent developments, as reported by NDTV profit.The interaction featured Ms. Aditi Pasari, Joint Managing Director of Gulshan Polyols Limited. During the program, the company reviewed its latest performance figures and discussed key updates pertaining to its operations.Details regarding the media engagement, which covered the company's financial status and recent corporate activities, are available for reference on the company’s website.GULPOLY Stock Price Movement Gulshan Polyols Limited...

Quadrant Televentures Ltd. Schedules Eleventh Committee of Creditors Meeting in IBC Process Quadrant Televentures Limited has scheduled its Eleventh meeting of the Committee of Creditors (CoC) regarding its Corporate Insolvency Resolution Process (CIRP). The meeting is slated to take place on Thursday, June 11, 2026.The gathering of the Committee of Creditors follows the order passed by the National Company Law Tribunal (NCLT), which admitted Quadrant Televentures Limited to the CIRP on September 2, 2025, pursuant to Section 7 of the Insolvency and Bankruptcy Code, 2016.The meeting is an update within the ongoing insolvency process for the company.Stock Price Movement Quadrant Televentures Ltd. settled at ₹0.36 today, showing no...

Team India Guaranty Reports Failure of 4A Financial Technologies Acquisition and Appoints Legal Counsel Team India Guaranty Ltd., formerly Times Guaranty Limited, has announced a significant update regarding its acquisition plans for 4A Financial Technologies Private Limited. The company confirmed that the transaction contemplated under the Share Purchase Agreement dated August 13, 2025, has failed and is incapable of proceeding as originally planned.The Board of Directors of Team India Guaranty Ltd. noted the status of the agreement, which relates to the proposed acquisition of 100% equity share capital of 4A Financial Technologies Private Limited. This follows earlier communications from the company dated August 13, 2025, and March...

Marine Electricals Reduces Stake in MEL Shipyard Private Limited Following Divestment Marine Electricals (India) Limited has completed the divestment of a significant stake in its subsidiary, MEL Shipyard Private Limited. The transaction has resulted in the company reducing its shareholding in the entity, changing the nature of their business relationship with the shipyard.MEL Shipyard Private Limited was previously a wholly owned subsidiary of Marine Electricals (India) Limited. The completion of the sale means that the company's status regarding the shipyard has shifted significantly, effective from June 9, 2026.The divestment involved Marine Electricals reducing its stake in MEL Shipyard Private Limited following an earlier...

Mrs. Meenakshi Shrikant Mulmule Appointed as CFO of SP Refractories Limited; Ms. Shweta Prabodh Kale Resigns SP Refractories Limited has announced a change in its leadership structure, appointing Mrs. Meenakshi Shrikant Mulmule as the new Chief Financial Officer (CFO). The company also confirmed the resignation of Ms. Shweta Prabodh Kale from her position as CFO and Key Managerial Personnel (KMP).The appointment of Mrs. Meenakshi Shrikant Mulmule is effective from June 10, 2026. She holds a Master's Degree in Commerce from Rashtrasant Tukadoji Maharaj Nagpur University. Mrs. Mulmule possesses extensive experience across the manufacturing and trading of refractory materials and products, specializing in business operations, commercial...

Sarla Performance Fibers Ltd Extinguishes 40 Lakh Equity Shares Following Successful Buyback Tender Offer Sarla Performance Fibers Limited announced the extinguishment of 40,00,000 fully paid-up equity shares following a successful buyback tender offer. The action reflects a material change in the company’s capital structure, reducing the issued and subscribed capital base as of June 9, 2026.The company completed the extinguishment of these shares, which were held in dematerialized form, reporting that all transactions complied with regulations governing share buybacks. The details surrounding the shares bought back include:Shares Extinguished: 40,00,000 Equity Shares Face Value per Share: ₹1/- Aggregate Amount (Not Exceeding)...

Promoter Genesis Exports Acquires 45,000 Shares of La Opala RG Limited Genesis Exports Private Limited, a promoter in the targeted company, has acquired an additional 45,000 Equity Shares of La Opala RG Limited. The acquisition was conducted through the open market on June 5, 2026, and June 8, 2026.The purchase increases Genesis Exports Private Limited's stake in La Opala RG Limited. Prior to the acquisition, the company held 5,22,05,000 shares, representing 47.03% of the total voting capital. Following the transaction, the holding increased to 5,22,50,000 shares, translating to a 47.07% stake.The acquisition details and resulting shareholder data are presented below:MetricBefore AcquisitionAfter AcquisitionGenesis Exports...

Chief Minister Yogi Adityanath Launches Project GANGA with HGS to Connect 20 Lakh Households in Uttar Pradesh Lucknow, India, June 9, 2026: The formal launch of Project GANGA, a large-scale digital inclusion and social upliftment initiative for the state, was announced by the Chief Minister of Uttar Pradesh, Sh. Yogi Adityanath. The launch followed a Memorandum of Understanding (MoU) signed in March 2026 between the State Transformation Commission (STC), Government of Uttar Pradesh, and OneOTT Intertainment Ltd. (OIL), the broadband vertical of Hinduja Global Solutions Ltd. (HGS).Project GANGA, which stands for 'Government Assisted Network for Growth & Advancement', aims to build a robust, scalable digital backbone across Uttar...

NHAI Overhauls Maintenance Strategy, Mandating Mechanized Drain Cleaning and Automated Pothole Repair Across National Highways A Major Shift to Automation in National Highway Maintenance The National Highways Authority of India (NHAI) has launched a significant technological overhaul of its maintenance practices across the country's vast network of national highways and expressways. In a move designed to drastically improve efficiency and uphold infrastructure standards, NHAI is mandating the adoption of mechanized and automated systems for key maintenance tasks.These initiatives encompass advanced equipment such as automatic pothole filling machines, mechanized road sweeping units, and sophisticated drainage cleaning technologies...

Hilton Metal Forging Limited Board Approves Auditor Appointment and Leadership Appointments Hilton Metal Forging Limited's Board of Directors has finalized key appointments for the company, including the selection of a Cost Auditor and the re-appointment of Mr. Yuvraj Malhotra as Chairman and Managing Director. The board meeting focused on strengthening the company’s operational oversight and leadership structure.The decisions were approved during the Board meeting held on June 9, 2026.Appointment of Cost Auditor M/s V. J. Talati & Co., Cost Accountants, has been appointed as the Cost Auditor for Hilton Metal Forging Limited for the financial year ending March 31, 2027.The appointment was approved in the Board meeting on June 9...

Afcons Infrastructure Secures Landmark Rs 5,301 Crore Breakwater Project for Vadhvan Port Afcons Infrastructure Ltd has secured a major contract to construct a breakwater at the upcoming Vadhvan Port in Maharashtra. The project award value stands at Rs 5,301 crores (excluding GST).The project involves building a 10.14 km-long breakwater at Vadhvan Port. Once completed, this structure is set to be recognized as the second longest breakwater globally.Executive Chairman of Afcons Infrastructure Ltd, Krishnamurthy Subramanian, stated that the award underscores the company's proven expertise in delivering large scale and complex marine infrastructure projects. He added that the Vadhvan breakwater project will serve as a strategic enabler...

BlueStone Allots 40,843 Equity Shares Under Employee Stock Option Plan 2014; Paid-up Capital Reaches ₹152,401,781 BlueStone Jewellery and Lifestyle Limited announced the allotment of equity shares to eligible employees following the exercise of vested options under the Bluestone Jewellery and Lifestyle Limited - Employee Stock Option Plan 2014. The Board of Directors approved the issuance of 40,843 equity shares on June 09, 2026.The allotment pertains to shares with a face value of ₹1/- each and resulted in an increase in the company’s issued, subscribed, and paid-up equity share capital. This transaction marks an important development for the company's employee stock option plan participants.Key details regarding the capital...

Jetmall Spices and Masala Renamed as ARTEMIS ADR MARKETPLACE LIMITED; Website Updated ARTEMIS ADR MARKETPLACE LIMITED, previously known as Jetmall Spices and Masala Limited, has undergone a corporate transition. The company confirmed that its website details have been updated following the official change in its name.The entity, which holds Scrip Code 543286, is now trading under the new identity of ARTEMIS ADR MARKETPLACE LIMITED. This change follows prior approval from the ministry of corporate affairs regarding the modification of the company's designation.Effective immediately, the company has transitioned its web presence. Previously accessible at https://jetmallltd.in, the website is now available at https://artemisadr.com/...

SEBI Orders Immediate Attachment of Accounts and Securities Against Defaulter Overholding ₹2.11 Lakh Debt SEBI Initiates Recovery Action Over Outstanding Dues in Venus Power Ventures Matter The Securities and Exchange Board of India (SEBI) has moved to enforce recovery proceedings against Ravi Swarajya Bahrathi, initiating the immediate attachment of his bank accounts and financial securities portfolios. This action stems from a defaulted amount owed under a specific recovery certificate related to Venus Power Ventures (India) Limited. The matter involves a total outstanding liability of ₹2,11,652/- plus associated costs.The SEBI Recovery Division Southern Regional Office issued the notices on June 8, 2026. These official attachments...

RSWM Allots 24.7 Lakh Convertible Warrants at Rs 146 Per Warrant RSWM Limited announced on June 9, 2026, that its Board of Directors approved the allotment of convertible warrants following prior shareholder approval and receiving in-principle clearance from stock exchanges. The allotment involves 24,70,000 convertible warrants at a price of Rs 146/- per warrant.The company formalized the decision through a resolution passed by circulation. This action followed the receipt of shareholders' approval during an Extraordinary General Meeting held on May 8, 2026. The allotment was also contingent upon obtaining in-principle approvals from National Stock Exchange of India Limited and BSE Limited, received on May 27, 2026.The convertible...

Scan Projects Ltd Approves EGM Notice Details, Voting Schedule for July 2026 Scan Projects Ltd announced key decisions stemming from its Board meeting held on June 9, 2026. The company approved the notice and mode of conduct for its upcoming Extraordinary General Meeting (EGM), along with critical timelines related to shareholder voting.The Board meeting concluded from 04:20 PM to 05:20 PM, during which several operational decisions were formalized.EGM Details and Logistics The approved EGM is scheduled for Saturday, July 18, 2026, at 11:30 AM. The meeting will be held in a hybrid format, allowing attendance through both physical presence and video conference (VC). The venue designated for the gathering is located in Kanjnu, Radaur...

Non-Executive Independent Director Resigns from Mangalam Industrial Finance Ltd Mangalam Industrial Finance Ltd has confirmed the resignation of Mr. Miteshkumar Ghanshyambhai Rana as a Non-Executive Independent Director, effective June 30, 2026. The departure comes after his personal commitments and increased professional engagements made it difficult for him to devote adequate time to the company's responsibilities.The Board acknowledged the contributions and guidance provided by Mr. Ghanshyambhai Rana during his tenure as an Independent Director of Mangalam Industrial Finance Ltd. He confirmed that there were no other material reasons behind his decision to step down.Mr. Ghanshyambhai Rana held several key positions at Mangalam...