Markets

Aegis Logistics Makes Earnings Call Audio Recording Available for March 2026 Results Aegis Logistics Ltd has released the audio recording of the earnings call pertaining to its Audited Financial Results for the quarter and year ended March 31, 2026.The earnings call was held on Tuesday, June 09, 2026, at 04.00 p.m. (IST). This event provided investors and analysts with details regarding the company's performance for the fiscal year ending March 31, 2026.The audio recording of the session is now available on the official website of Aegis Logistics Ltd, allowing stakeholders to review the details of the results presentation.AEGISLOG Stock Price Movement Aegis Logistics Limited shares rallied today to close at ₹782.65, gaining 3.37%...

Emerald Finance Ltd partners with Yerik International to launch Early-Wage-Access program Emerald Finance Ltd has formed a strategic partnership with Yerik International Private Limited, based in Delhi, to introduce its new Early-Wage-Access program. This initiative is designed to offer instant financial relief to employees across various companies.The purpose of the partnership and the Early-Wage-Access program is to enable employees to access portions of their salaries throughout the month. Emerald Finance Ltd has been developing this salary advance solution as part of its vision to expand its offerings and serve retail customers.The new product involves a specialized operational model where the company ties up with employers...

SEBI Dismisses Investor Appeal: Clarity Sought Over Share Transfer Documents Falls Outside Scope of RTI Act The Securities and Exchange Board of India (SEBI) Appellate Authority has delivered a decisive ruling concerning an appeal filed under the Right to Information (RTI) Act, 2005. The decision addresses a protracted query regarding the precise documentary requirements for shareholder actions, particularly those involving legacy cases spanning pre-1960 periods.The order, dated June 09, 2026, involves Appellant Samar Imran versus CPIO, SEBI, Mumbai, addressing Appeal No. 6878 of 2026. The ruling clarifies the boundary between factual 'information' and requests for legal opinion or situational clarification within the framework of...

SEBI Unleashes Financial Enforcement: Bank and Investment Accounts Attached as Defaulter Fails to Repay Rs 4.2 Lakhs Dues The Securities and Exchange Board of India (SEBI) has taken decisive regulatory action, issuing a Notice of Attachment against Anitha Yarlagadda regarding outstanding dues owed to Venus Power Ventures (India) Limited. The notice pertains to the attachment of bank accounts, demat holdings, and mutual fund folios held by the defaulter.The move signals a stringent application of SEBI’s recovery powers, aimed at securing the repayment of substantial dues accumulated over an extended period. This enforcement action is being carried out through the Recovery Division Southern Regional Office.SEBI Orders Immediate...

Jhandewalas Foods Ltd to Convene Board Meeting to Approve FY2025-26 Reports and Annual General Meeting Matters Jhandewalas Foods Limited has scheduled a meeting of its Board of Directors to address several key corporate governance matters, including the approval of the company's financial results for the fiscal year 2025-26. The meeting is set to take place on Tuesday, June 16, 2026.The Board meeting is scheduled for 01:00 P.M. and will cover a comprehensive agenda focused on preparing for the company’s forthcoming Annual General Meeting (AGM).Key items slated for consideration at the Jhandewalas Foods Ltd board meeting include:Approval of the date, time, and notice pertaining to the 20th Annual General Meeting of the Company...

Companies Decides on Merger of KD Green Industries Limited and KD Iron & Steel Private Limited The Board of Directors of a listed entity has decided to merge KD Green Industries Limited and KD Iron & Steel Private Limited, two companies sharing common promoters. The decision was made following the board meeting held on June 9, 2026.The proposed merger aims to expand the business activities of the merged company. Both entities are involved in the manufacturing sector. KD Green Industries Limited focuses on the manufacturing of Iron & Steel and AAC Blocks, while KD Iron & Steel Private Limited specializes in the manufacturing of Iron & Steel.Details concerning both companies forming part of the transaction have been provided...

Dr. Vijay Namdeorao Zade Nominated as Director on Board of Garden Reach Shipbuilders & Engineers Ltd Dr. Vijay Namdeorao Zade, a seasoned civil servant and accomplished administrator, has been nominated by the Ministry of Defence, Government of India, to serve as a Part-Time Official Director on the Board of Directors of Garden Reach Shipbuilders & Engineers Ltd (GRSE).The nomination follows the decision by the Ministry of Defence, which appointed Dr. Zade, Joint Secretary (NS), to the position. As part of this appointment, GRSE confirmed that Dr. Zade is not debarred from holding the office of Director by any Statutory Authority.Dr. Vijay N. Zade brings extensive administrative and technical expertise to the role. He is an IAS...

Krishival Foods Ltd Schedules Group Investor Meeting with Management on June 12, 2026 Krishival Foods Limited has announced the schedule for a group meeting involving management, analysts, and investors. The event is set to take place virtually on Friday, June 12, 2026, at 3:00 PM.The company informed stakeholders that this group meeting is scheduled to bring together the management with analysts and investors. The details of the virtual gathering are as follows:DateMode of MeetingTimeType of MeetingJune 12, 2026Virtual3:00 PMGroupKrishival Foods Limited specified that no unpublished price sensitive information will be shared during the aforementioned meeting.The company also noted that the scheduled meeting remains...

Promoter to Sell 3% of NLC India Limited Equity Shares in Offer for Sale NLC India Limited is set to conduct an Offer for Sale (OFS) through the stock exchange mechanism, wherein its promoter, the President of India acting through the Ministry of Coal, Government of India, will sell equity shares. The total offer size stands at 4,15,99,098 equity shares, representing 3.00% of the paid up equity share capital of the company as of March 31, 2026.The Offer comprises a Base Offer Size and an Oversubscription Option (OS). The initial Base Offer for non-Retail Investors alone proposed 27,732,732 equity shares, which represents 2.00% of the paid up equity. Retail investors and employees were scheduled to participate on subsequent days.In...

Manaksia Coated Metals & Industries Holds Secured Creditors Meeting for Merger Scheme Approval Manaksia Coated Metals & Industries Limited held a meeting of its secured creditors on Tuesday, June 9, 2026, to consider and potentially approve a proposed Scheme of Merger involving the company and JPA Snacks Private Limited. The meeting was conducted remotely via two-way Video Conferencing (VC) or Other Audio Visual Means (OAVM).The purpose of the meeting, convened under directions from the National Company Law Tribunal, Kolkata Bench, was to present the merger proposal for approval by the creditors. Mrs. Shruti Agarwal, Company Secretary, along with other attendees including Chief Financial Officer Mr. Mahendra Kumar Bang and PCS CS...

Sheela Foam Ltd Schedules Virtual Investor Meetings for June 12, 2026 The management of Sheela Foam Ltd has announced plans to conduct one-on-one virtual meetings with investors. These sessions are scheduled to take place on Wednesday, June 12, 2026.Through these dedicated interactions, the company representatives will engage with investors in a virtual setting. The scheduling of this meeting is intended for investor information and dialogue.The management has cautioned that the schedule may be subject to change depending on unforeseen circumstances involving the company, the investors, or the analysts. Furthermore, it was noted that no unpublished price sensitive information (UPSI) is intended to be discussed during these...

Promoter Acquires Shares in NCL Industries Limited through Open Market Purchase A promoter group member, Kalidindi Ravi, has acquired additional shares of NCL Industries Limited through open market purchases. The acquisition was completed on June 8, 2026, marking a minor increase in the holdings of the individual in the company.The transaction details confirm that Mr. Kalidindi Ravi, identified as belonging to the Promoter Group, increased his stake in NCL Industries Ltd. via the open market. Before this acquisition, the promoter held 3,117,444 shares, representing 6.89% of the total voting capital.The details of the shareholding and the transaction are summarized below:MetricDetails Before AcquisitionTransaction DetailsDetails...

SEBI Orders Immediate Attachment of Bank Accounts and Assets from Dhana Energy in Major Debt Recovery Action SEBI's Recovery Division has issued a stringent Notice of Attachment against Dhana Energy Pvt Ltd. The order comes following proceedings related to a Recovery Certificate, directly impacting the company’s financial holdings across multiple institutions. This move signifies the regulatory body’s decisive action regarding outstanding dues.The notice covers all accounts held by Dhana Energy with any Bank or Post Office in India. It also extends the attachment mandate to all Demat Accounts and Mutual Fund Folios associated with the defaulter, ensuring comprehensive asset freezing.SEBI Initiates Asset Attachment Against Dhana...

Delhivery Ltd Allots 130,625 Equity Shares Following Vested Option Exercise Delhivery Limited has completed the allotment of 130,625 equity shares following the exercise of vested stock options, a decision approved by its Stakeholders' Relationship Committee on June 9, 2026. The shares allotted are distributed across two specific employee stock option plans (ESOP).The total allocation includes 1,25,425 equity shares from the Delhivery Employee Stock Option Plan, 2012 (ESOP 2012), and 5,200 shares originating from Delhivery Employee Stock Option Plan III, 2020 (ESOP III 2020). These newly allotted shares will hold pari passu status with all existing equity shares of the company.The exercise of options resulted in a realization of Rs...

Independent Director Resigns from Nova Iron & Steel Ltd Due to Professional Commitments Ms. Kusum Naruka has resigned from the Board of Directors of Nova Iron & Steel Ltd. The resignation was effective from June 3, 2026, and is attributed to professional commitments. Consequently, Ms. Naruka will cease her roles as a member of several key committees within the company.As an Independent Director, Ms. Naruka served on the Audit Committee, the Nomination & Remuneration Committee, and the Stakeholders Relationship Committee of Nova Iron & Steel Ltd.The details regarding the resignation and her association with other listed entities have been confirmed:ParticularDetailDirector NameMs. Kusum Naruka (DIN: 10679553)Date of...

Appellate Authority Confirms GST Demand Against Bajaj Electricals Limited; Company Assesses Legal Recourse Bajaj Electricals Limited has received an adverse appellate order confirming a Goods and Services Tax (GST) demand originally issued by the GST Authority. The assessment related to disallowances of GST Input Tax Credit for Financial Year 2020-21.The order, received from the Office of the Commissioner (Appeals), Customs, CGST & Central Excise, Lucknow, dismissed the appeal submitted by the company and upheld the initial demand raised by the GST Authority.The original assessment that led to the dispute included a gross demand amounting to Rs. 10.95 crore, which encompassed a penalty amount of Rs. 0.99 crore. This matter had been...

Gold Surges to Rs 1.6 Lakh/10gm as Geopolitical Tensions Ease and Weak Dollar Boost Sentiment Gold prices in major Indian cities rebounded sharply on Tuesday, reclaiming the highly coveted Rs 1.60 lakh per 10-gram level. The recovery was primarily driven by a decline in crude oil prices and a weakening US dollar, significantly lifting sentiment across the bullion market. Local markets saw the price of pure gold climb by Rs 1,500, reaching ₹1,60,300 per 10 grams (inclusive of all taxes), up from Monday's closing price of ₹1,58,800 per 10 grams.Domestic Gold Rebounds on Investor Sentiment and Currency Shifts The domestic rally came despite global gold prices trading lower. Analysts credit the rise in Indian bullion prices to the...

Sethi Funds Acquires Shares of KCP Sugar and Industries Corporation Limited Sethi Funds Management Private Limited has acquired equity shares in KCP Sugar and Industries Corporation Limited, reflecting changes in shareholding of the company. The acquisition details were disclosed alongside information regarding the acquirer's previous holdings in the stock.The transaction involved Sethi Funds acquiring 30,000 equity shares representing 0.03% of the total issued and paid-up share capital of KCP Sugar and Industries Corporation Limited. This purchase was conducted through the open market.Transaction Details and Holdings A review of the acquisition disclosures reveals comprehensive details regarding the shareholding and transaction...

Zero Tolerance: SEBI Freezes All Bank and Demat Assets of Uniport Computers over Security Dematerialization Delay The Securities and Exchange Board of India (SEBI) has initiated stringent recovery proceedings against Uniport Computers Ltd., moving to attach all banking and securities accounts held by the company. The action follows a Recovery Certificate issued concerning serious delays in the dematerialization of securities, leading to significant accrued penalties and dues.This regulatory move highlights SEBI's zero-tolerance stance regarding corporate non-compliance, specifically when it relates to the management and timely processing of security transactions.SEBI Orders Attachment of Bank Accounts The Recovery Division of SEBI...

Board Meeting Scheduled for Jolly Plastic Industries; Key Management and Directors Appointed Jolly Plastic Industries Ltd has scheduled a board meeting on Friday, June 12, 2026, to consider several significant corporate actions, including the appointment of new directors and managerial personnel. The meeting is set to take place at the company's corporate office in Shakarpur, Delhi.The proposed agenda for the Board of Directors includes approving a change in the company's name, subject to necessary approvals from the Ministry of Corporate Affairs (MCA). A core focus of the meeting is the addition of new members to the board and management team.Several key positions were slated for appointment during the gathering:Mr. Suvendu...