Markets

Maagh Advertising and Marketing Services Appoints Statutory Auditor, Additional Director, and Shifts Registered Office Maagh Advertising and Marketing Services Ltd. has announced several corporate governance changes, including the appointment of a new statutory auditor, an additional director, and the relocation of its registered office within the local limits of Mumbai.The company appointed M/s Parth R Shah And Co (FRN: 153846W) to serve as the Statutory Auditor for the Financial Year 2024-25. This appointment was made to fill a casual vacancy and is subject to approval by the members at the General Meeting.In terms of management appointments, Mr. Priyatosh Ghosh (DIN 10984667) has been appointed as an Additional Director of the...

Garuda Construction Appoints Independent Director, Regularizes Woman Director Garuda Construction and Engineering Ltd has approved appointments and regularizations concerning several board members, enhancing its independent director base. The company appointed Mr. Krishnakumar Laxman Bangera as an Independent Non-Executive Director and formalized the position of Mrs. Dhruti Harsh Satia as a Non-Executive Independent (Woman) Director.Mr. Krishnakumar Laxman Bangera was appointed as an Independent Non-Executive Director on June 1, 2026, with the role set for a term of five years. Regarding his qualifications and disclosures, the company noted that Mr. Bangera possesses a varied and rich working experience across different teams and...

Trident Mediquip Limited completes private placement; Trident Lifeline Ltd stake settles at 58.84% Trident Lifeline Limited announced that its subsidiary, Trident Mediquip Limited (TML), successfully completed a private placement of equity shares to other shareholders. Following this transaction, Trident Lifeline Limited's shareholding in the medical device company stands at 58.84%.The private placement involved TML, which operates within the Medical Device Industry. Trident Mediquip Limited is incorporated under the Companies Act, 2013, and has a paid-up share capital of Rs. 9,97,00,000/- divided into 99,70,000 Equity Shares of Rs.10/- each, against an authorized share capital of Rs. 10,00,00,000/-.The transaction is recognized as...

CRISIL Upgrades Muthoot Microfin Limited Long-Term Rating to AA-/Stable Muthoot Microfin Limited, a leading Non-Banking Financial Company (NBFC-MFI), has seen its long-term credit rating upgraded by CRISIL Ratings. The company's Commercial Paper rating was simultaneously reaffirmed at A1+.The upgrade recognizes the strengthening credit profile of Muthoot Microfin, which is underpinned by improved asset quality, a recovery in profitability, adequate capitalization, and a diversified resource base. This development is expected to enhance the company's access to diverse funding sources at competitive rates, aiding efforts to reduce borrowing costs and optimize its liability mix.The rating action details are as follows:Financial...

Annapurna Swadisht Limited Applies for Equity Migration from NSE Emerge to Main Board Annapurna Swadisht Limited has taken steps toward upgrading its listing status, applying for the migration of its equity shares from the NSE Emerge segment to the Main Board on the National Stock Exchange (NSE). The company initiated the In-Principle application process with the NSE regarding this stock movement.The application seeks to move the existing equity shares onto the premier level of the exchange. As of the current status, the migration application remains pending approval from the NSE.ANNAPURNA Stock Price Movement Annapurna Swadisht Limited shares today rallied, closing at ₹138.55 after gaining 1.28% in the market session. The stock saw...

Unified Data Tech Solutions Secures Rs 4.24 Crores Purchase Order from Major Private Sector Bank Unified Data Tech Solutions Ltd has secured a purchase order valued at Rs 4.24 Crores from one of India's largest private sector banks. The order is for providing Annual Maintenance Contract (AMC) services, as confirmed by the company.The transaction details reflect that the work pertains to domestic AMC Services and will be executed immediately.Key details regarding the newly awarded contract are summarized below:ParticularsDescription / DetailNature of OrderAMC ServicesClient TypeDomestic (One of India's largest private sector banks)Contract Value₹4.24 Cr (Rupees Four Crore Twenty-Four Lakh Only), inclusive of taxes...

Reliance Home Finance Conducts 10th Meeting of Committee of Creditors in CIRP Reliance Home Finance Limited is proceeding with its Corporate Insolvency Resolution Process (CIRP) through the convening of its Committee of Creditors (CoC). The company announced that the 10th meeting of the Committee of Creditors was held as scheduled.The event followed an initial intimation regarding the initiation of CIRP, which had been communicated on September 20, 2025.The logistical details for the 10th Meeting of the Committee of Creditors (CoC) were set for June 09, 2026. The meeting was scheduled to take place at 03:00 P.M. IST and was conducted via Video Conferencing.Reliance Home Finance Limited stated that it will provide updates on...

Minda Corporation Ltd Issues Commercial Paper worth INR 100 Crores and Lists Security on NSE Minda Corporation Limited has announced the issuance and allotment of Commercial Paper (CP), aggregating to an amount of INR 100 crores. The security was successfully listed on the National Stock Exchange of India limited (NSE) on June 09, 2026.The Company’s CP details specify a face value per security of INR 5,00,000/- and carry a discount rate of 7.70% p.a. This financial instrument was issued on June 09, 2026, with a scheduled redemption date of September 04, 2026.Key details regarding the Commercial Paper are summarized below:DescriptionDetailsSecurity TypeCommercial PaperSize of IssueINR 100 croresDate of Issue09-06-2026...

Maral Overseas Ltd Consolidates Garment Unit Operations in Noida Maral Overseas Ltd has announced an internal operational consolidation within its Garment Division. The company intends to optimize resource utilization and improve operational efficiencies by merging operations from one unit into another, effective by August 31, 2026.The operation currently situated at D-347, Sector-63, Noida 201307, Uttar Pradesh will be consolidated with the existing business activities housed in the unit located at A-37, Sector-64, Noida - 201301, Uttar Pradesh.Following this operational alignment, all assets and inventory from the D-347 unit will be transferred to the established operational unit at A-37, Sector-64, Noida. As a direct consequence...

Vijaya Diagnostic Centre Limited CFO Resigns Amid Personal Reasons Vijaya Diagnostic Centre Limited has announced the resignation of Mr. Ankit Shah from his role as Chief Financial Officer (CFO). The decision was attributed to personal reasons.Mr. Ankit Shah's last day with the company is scheduled for on or before July 24, 2026. Vijaya Diagnostic Centre Limited acknowledged the transition and expressed a deep sense of appreciation for the services rendered by Mr. Shah and his contributions to the organization.In his resignation notice, Mr. Shah extended gratitude to the Board of Directors and the entire leadership team. He committed to ensuring a smooth transition and stated that he would assist thoroughly in the handover of all...

Dangee Dums Limited Appoints Mrs. Sangeeta Amit Khyani as Company Secretary and Compliance Officer Dangee Dums Limited has appointed Mrs. Sangeeta Amit Khyani as its WholeTime Company Secretary and Compliance Officer. The appointment was approved by the Board of Directors during a meeting held on Tuesday, June 09, 2026.Mrs. Khyani holds an Associate membership of the Institute of Company Secretaries of India and is a qualified Company Secretary. She brings over seven years of post-qualification experience to the role. Her expertise covers corporate laws, secretarial compliance, corporate governance, regulatory affairs, and capital market regulations.The company noted that Mrs. Khyani possesses extensive experience in handling...

Mahindra & Mahindra Reports Production, Sales and Export Figures for May 2026 Mahindra & Mahindra Limited released its comprehensive operational data covering production, sales, and exports for the month of May 2026. The figures detail output across various commercial vehicles segments, including utility vehicles, vans, e-rickshaws, and three wheelers.The company's overall performance metrics show significant movement in production and market sales during May 2026 compared to May 2025.MetricMay 2025 (Units)May 2026 (Units)Total Production91,502101,141Total Sales81,96197,653Total Export3,6925,112Key Segment Performance Highlights The detailed operational data highlights varying performance across different vehicle...

TCS Vows 'Strict Action' Against Associates in Nashik Harassment Cases; Chairman Chandrasekaran Announces Internal Overhaul Tata Consultancy's Stance on Alleged Misconduct in Nashik Unit Tata Consultancy Services (TCS) has issued a strong warning regarding the sexual harassment allegations surfacing at its Nashik unit. TCS Chairman N Chandrasekaran stated that any associate found guilty of misconduct will face "strict action." This severe measure underscores the gravity with which the IT services major is treating the ongoing investigation into employee conduct.Mr. Chandrasekaran emphasized that while the case remains subjudice, preliminary findings show that the company had not received formal complaints through official channels or...

SBI to Commit $1 Billion as It Joins Global Giants in Funding Sun Pharma's Mega Acquisition of Organon State Bank of India (SBI), the country’s largest bank by assets, is poised to join a consortium of global financial institutions in supporting Sun Pharmaceutical Industries Ltd.’s massive overseas acquisition. Sources familiar with the matter suggest that SBI is set to commit up to $1 billion toward this deal, pending final board approval.This significant move sees SBI joining Citigroup Inc., JPMorgan Chase &Co., and Mitsubishi UFJ Financial Group Inc. as a key debt financier for Sun Pharma’s agreement reached in April. The acquisition involves buying US-listed Organon &Co., marking one of the largest outbound...

Eco Recycling Ltd Receives In-Principle Approval from BSE for Promoter Warrant Issue Eco Recycling Ltd has received in-principle approval from BSE Limited regarding a planned preferential issue of warrants convertible into equity shares to its promoters.The approval permits the company to issue and allot 3,00,000 warrants. These warrants are set to be convertible into 3,00,000 equity shares at a price not less than Rs. 411/- each. The preferential basis issuance is targeted towards the promoters of the company.The approval details outline the structure and conditions for this capital event. Eco Recycling Ltd was granted the in-principle approval by BSE Limited on June 9, 2026.Key details of the approved allotment are summarized...

Global South AI Roadmap Set: Ten Nations Pledge Collaborative Science Infrastructure for Sustainable Development The Indian National Science Academy (INSA) has spearheaded a landmark initiative toward defining the future of responsible Artificial Intelligence (AI). As part of India's BRICS Presidency 2026, INSA convened the inaugural meeting of the BRICS Science Academies Forum. This high-level virtual gathering brought together ten nations to chart a unified course for AI in support of sustainable development and cooperation across the Global South.The forum was moderated by Prof. Debashis Mitra, Vice President (International), INSA. He emphasized that this effort aligns with India's presidency theme: "Building for Resilience...

High Court Upholds Arbitral Award in Dispute, Concluding PCTL Litigation for Siemens Energy India Limited Siemens Energy India Limited has confirmed that the ongoing dispute related to a material civil proceeding has been resolved following a recent judgment by the High Court of Bombay. The Court upheld the original arbitral award concerning the energy business, finding no additional financial liability on the company as all mandated payments have already been made.The case pertains to a long-running contractual matter stemming from a 2010 turnkey project involving a large power facility and its subcontractor.Dispute Background and Arbitration Timeline The core of the dispute originated when the Energy Business, later transferred...

Subsidiary of Jaykay Enterprises Achieves Key ISO Certifications for Medical Implants JK Digital & Advance Systems Private Limited, a wholly owned subsidiary of Jaykay Enterprises Limited, has successfully secured two significant international management system certifications: ISO 14001:2015 and ISO 45001:2018. These awards validate the company's commitment to high standards in environmental management and occupational health and safety within its specialized manufacturing sector.The certifications were granted by BSCIC Certifications Private Limited for JK Digital, covering its operations in the manufacture and sale of Additive Manufactured Sterile Revision Surgery Hip Implants, Augments, Spinal Implants, and Patient Specific...

JSW Infrastructure Shares Surge as Company Secures Major Port Terminal Project at Kolkata Dock System JSW Infrastructure witnessed a significant rally on Tuesday after securing a major infrastructure project from the Syama Prasad Mookerjee Port Authority (SMPA). The company's stock surged, trading at Rs 281 on the NSE, recording a gain of 4.67 percent. This lucrative contract provides JSW with a substantial role in enhancing the container handling capacity of Kolkata Dock System.Securing the Outer Container Terminal Project The successful bid by JSW Infrastructure was for the integrated development of the Outer Container Terminal at Netaji Subhas Dock (NSD). This project involves both two and five berths under the Kolkata Dock System...

Subsidiary Dissolution: Carysil Brassware Limited Ceases to be a Step-Down Subsidiary of Carysil Limited Carysil Limited has confirmed that Carysil Brassware Limited, a wholly owned step down subsidiary within the United Kingdom, has been dissolved under the applicable provisions of the UK Companies Act, 2006. The dissolution was effective from June 09, 2026.As a direct consequence of this dissolution, Carysil Brassware Limited ceased to be a wholly owned step down subsidiary of Carysil Limited as of June 09, 2026.Details regarding the financial contribution of the dissolved entity are provided below:ParticularsContribution during the last financial year (March 2026)TurnoverNilNet WorthNilCARYSIL Stock Price Movement...