Markets

Dhruv Consultancy Secures Contract to Provide Independent Engineer Services for Ujjain Jaora Greenfield Highway in Madhya Pradesh Dhruv Consultancy Services Limited has been awarded a significant contract to provide consultancy services as an Independent Engineer for the Ujjain Jaora Access Controlled Greenfield Highway project in the state of Madhya Pradesh. The company was selected as part of a joint bid alongside Intercontinental Consultants and Technocrats Private Limited by the Madhya Pradesh Road Development Corporation Limited (MPRDC).The Letter of Acceptance (LOA) for the consultancy services was issued by MPRDC and received by Dhruv Consultancy Services on June 5, 2026. The total consideration for the contract amounts to Rs...

Leading Leasing Finance Sells Shares in Aqylon Nexus Limited; Holding Declines to 12.87% Leading Leasing Finance and Investment Company Limited has sold a portion of its stake in Aqylon Nexus Limited (formerly Sri Adhikari Brothers Television Networks Limited). The transaction was completed on the open market, marking a reduction in the investment holding for the financial firm.The sale details show that Leading Leasing Finance held 13.34% of the target company’s shares before the disposition. According to the disclosed transaction data, the company sold 12,00,000 shares related to Aqylon Nexus Limited.The shareholding dynamics are summarized below:ParameterPre-Sale Holding (Leading Leasing Finance)Transaction DetailsPost-Sale...

Raksha Mantri Pledges Green Future: RM Plants Sapling in Lucknow, Drives Call for Climate Resilience on World Environment Day On June 05, 2026, Defence Minister Shri Rajnath Singh spearheaded a critical environmental initiative by planting a sapling at Lucknow Cantonment. The drive was organized to mark World Environment Day and aimed to significantly boost awareness regarding climate change and the urgent need for ecological balance.The commitment underscores a proactive step toward increasing green cover and fostering greater environmental responsibility within the defence community.A Healthy Environment as the Foundation of National Prosperity Addressing the significance of World Environment Day, Raksha Mantri Singh emphasized...

SEBI Issues Formal Demand Notice to Mediaone Global Entertainment as Defaulting Debtor in ₹27 Lakh Recovery Action Securities and Exchange Board of India (SEBI) has issued a formal Notice of Demand against Mediaone Global Entertainment Ltd., detailing significant financial dues related to past proceedings. The action, specifically under Recovery Certificate No. 9136 of 2026, mandates the company to settle an outstanding amount totaling ₹27,31,000 within a stringent 15-day period.The regulatory move comes under Section 28A of the SEBI Act and Section 23JB of the Securities Contracts (Regulation) Act, 1956. This notice emphasizes the formal recovery procedures available to SEBI should the demanded amount not be paid by the stipulated...

Massive Interest in Govt Stocks: RBI Auction Records High Competitive Demand for 6.94% GS 2036 The Reserve Bank of India (RBI) has released the full results of the recent auction for Government Securities (GS), indicating robust investor interest across various segments. The auction successfully allocated stocks notified at an amount of ₹ 34,000 Crore.The market response highlights strong institutional appetite for fixed-income instruments, as reflected in the detailed bid statistics provided by the RBI. These results offer a clear snapshot of demand and successful allocation rates for the financial instrument.Competitive Bid Performance Exceeds Notified Amount The competitive bidding segment saw significant interest from investors...

Authum Investment Encumbers Shares in Pratap Snacks Limited Prataap Snacks Limited has reported that its promoter entity, Authum Investment Infrastructure Limited, has created an encumbrance on a portion of its shares during the financial year ended March 31, 2026.The transaction involves Authum Investment Infrastructure Limited, which holds a significant stake in Prataap Snacks Limited. The details regarding the shareholding and the specific shares that have been encumbered are as follows:NameTotal Shares HeldPercentage of Total ShareEncumbered SharesPercentage of Total ShareAuthum Investment Infrastructure Limited1,05,15,73644%4,60,0001.92%The data confirms that Authum Investment Infrastructure Limited holds 1,05,15,736...

Nexus Select Trust Management Holds Meetings with Institutional Investors Nexus Select Mall Management Private Limited, acting as the Manager to Nexus Select Trust, conducted a meeting with Institutional Investors on June 04, 2026. The event provided an opportunity for Senior Management of the trust to engage with the institutional community regarding the company's standing and affairs.The gathering was held in the format of a group meeting involving members from the management team of Nexus Select Mall Management Private Limited.Details of the Institutional Investor Meeting are as follows:Date of MeetFormatEventAttendeesJune 04, 2026Group MeetingMeeting with Institutional InvestorsSenior ManagementNXST Stock Price...

Sarda Energy & Minerals Updates Investor Presentation: Correcting Coal Domestic Sales Figures for FY26 and FY25 Sarda Energy & Minerals Limited has issued an update concerning its investor presentation, addressing a minor correction related to the sales figures for Coal Domestic across two financial years. The company confirmed that this specific data correction constitutes the only change to the material information presented in the document.The update details the corrected sales figures for Coal Domestic in thousands of metric tons (MT) for FY26 and FY25, alongside the corresponding year-over-year percentage.A summary of the revised sales data is provided below:Sales ('000 MT)FY26FY25YoY% ChangeCoal Domestic158354(55.3)%...

Shankar Laxmandas Dulhani Resigns as Chairman and Executive Director of Saraswati Saree Depot Ltd Saraswati Saree Depot Ltd has announced the resignation of Mr. Shankar Laxmandas Dulhani from his roles as Chairman and Executive Director, effective June 5, 2026. The company stated that the change was necessitated by Mr. Dulhani's need to dedicate more time towards managing the business of his partnership firm.The immediate resignation marks a transition for the company following years of service from Mr. Dulhani. During his tenure, he contributed significantly to strengthening the company's governance framework and strategic development.Details regarding the change in directorship are as follows:ParticularDetailResigned...

Kizi Apparels Ltd Receives Rs 26.30 Lakhs for 14th Tranche of Convertible Warrants Kizi Apparels Limited has received the consideration for the 14th tranche of Convertible Warrants (Warrants). The funds were received from Abhishek Nathani and Evolvion Advisory Private Limited.The Company successfully completed this transaction, involving the issuance of warrants on a preferential basis to individuals belonging to the Promoter/Promoter Group and public Category. The total consideration received for this 14th tranche amounted to Rs 26,30,850/-.Details regarding the warrant allotment are as follows:DetailValueTranche Allotted14thIssue Price per WarrantRs 15.50/Premium on WarrantsRs 5.50/Face Value of WarrantsRs 10.00/...

Promoter Group Holding Rises Post Share Transmission at Polyspin Exports Ltd The shareholding structure of Polyspin Exports Limited has seen a material change following the transmission of shares resulting from the demise of Shri R. Ramji. The transfer involved Promoters and impacted the holding percentage of the key shareholders in the listed company.According to the disclosures, 14,17,017 equity shares of Polyspin Exports Ltd were transmitted following the death of R. Ramji. These shares transfers involve the Promoter group.The transaction details highlight that Durga Ramji acquired these shares. The shareholding status of the Promoters and the overall structure remains consolidated at 46,82,926 equity shares, representing a...

SMS Pharmaceuticals Investigates Fraudulent Claim of Physical Shares; Complaint Filed with Economic Offences Wing SMS Pharmaceuticals Limited has initiated legal action following the discovery of a large-scale fraudulent activity involving the physical shares of its company. The company stated that it received a request from a shareholder who held shares in physical form, which led to an inquiry into KYC documentation submitted through the Registrar and Share Transfer Agent (RTA).Upon verifying the documents provided, SMS Pharmaceuticals observed that the shares had already been claimed by another individual impersonating the original shareholder. The company subsequently launched a detailed investigation into the transfer records...

SEBI Orders Immediate Attachment of Accounts as Shanti Bhutra Fails to Clear Rs 5.16 Lakh Dues on Illiquid Stock Options SEBI has issued a critical order mandating the attachment of all Demat and Mutual Fund accounts held by Shanti Bhutra. The action follows proceedings concerning illiquid stock options, resulting in significant dues totaling ₹5,16,000/- against the defaulter. This enforcement notice was officially released on June 5, 2026.Regulatory Action Against Defaulter The recovery proceedings pertain to a Recovery Certificate No. 9114 of 2026, which was drawn up by the Recovery Officer in relation to the stock options matter. A Notice of Demand dated May 14, 2026, had previously been issued to address these outstanding...

NCLT Orders Dispensation of Meetings for Radico Khaitan Amalgamation Scheme The National Company Law Tribunal (NCLT) has passed a significant order related to the ongoing scheme of amalgamation involving Radico Khaitan Limited and its wholly owned subsidiary and step down companies. The Order was issued by the Hon'ble NCLT, Allahabad Bench, on June 01, 2026.The scheme pertains to the amalgamation between Radico Khaitan Limited (the Transferee Company) and a group of Transferor Companies. These subsidiaries include Radico Spirits India Private Limited, Equibuild Realtors Private Limited, Compaqt Era Builders Private Limited, Accomreal Builders Private Limited, Firstcode Reality Private Limited, Destihomz Buildwell Private Limited...

Spectrum Talent Management Confirms No Undisclosed Encumbrance Regarding Promoter Group Shares Spectrum Talent Management Limited has confirmed key declarations related to its promoter group following the close of the financial year ended March 31, 2026. The company made disclosures regarding the status of substantial acquisition of shares and takeovers regulations pertaining to the period.The declaration confirms that there exists no undisclosed encumbrance, either direct or indirect, by the Promoters and Promoter Group of Spectrum Talent Management Limited during the financial year ended March 31, 2026. This confirmation was provided by Mr Sidharth Agarwal, acting on behalf of all Promoters and the Promoter Group of the company...

TRAI Assesses Mobile Network Pains: Extensive Drive Tests Reveal Quality Disparities in Rudrapur, Haldwani & Kashipur The Telecom Regulatory Authority of India (TRAI) has released findings from a comprehensive Independent Drive Test (IDT) conducted across the UPW LSA. The study assessed the real-time quality of mobile network services for general consumers in Rudrapur, Haldwani, and Kashipur cities. These IDTs are critical checks to verify the performance of Telecom Service Providers (TSPs) across voice and data QoS parameters.Scope and Methodology of TRAI Drive Tests TRAI utilized sophisticated IDT methods to capture ground-level mobile network performance. The tests, conducted from April 6th to April 9th, 2026, spanned a City drive...

CAG-TECH Acquires Additional Equity Shares in Sundrop Brands Limited CAG-TECH (MAURITIUS) LIMITED has increased its stake in Sundrop Brands Limited, acquiring an additional 1,881,073 equity shares of the company. The acquisition was completed through an off-market transaction in June 2026.The acquisition brings CAG-TECH's total holding to approximately 43.90% of the target company's share capital after the latest acquisitions and encumbrances are accounted for. Prior to this purchase, CAG-TECH held 14,666,522 shares.Acquisition Details The transaction details show that CAG-TECH (MAURITIUS) LIMITED, which is a promoter in the target company, acquired the shares relating to the off-market acquisition.CAG-TECH's shareholding and...

Services Surge: India Intensifies Fight Against Substance Abuse with 768 Centers and 294% Increase in Treatment Demand The Magnitude of the Challenge: Addressing Drug Use Disorder The Ministry of Social Justice and Empowerment is strategically transforming India’s response to substance abuse, emphasizing prevention, treatment, and social reintegration. This comprehensive approach is rooted in the National Action Plan for Drug Demand Reduction (NAPDDR).Substance use disorder remains a critical public health challenge across Indian communities. A key 2019 national survey released by the Ministry indicated that over 7 crore individuals are affected by substance use disorder. The burden of this crisis also includes nearly 1.2 crore...

GQG Partners' Entities Sell Shares of GMR Airports Ltd, Reducing Holding Post On-Market Transactions Entities managed by GQG Partners LLC have sold equity shares of GMR Airports Limited through multiple on-market transactions. These sales resulted in a reduction of shareholding for the Acquirer and Persons Acting in Concert (PACs), with the companies' holdings settling at 5.57% post-disposal, according to disclosures made regarding the transaction spanning from February 04, 2026, until June 03, 2026.The transactions involved multiple on-market sales of equity shares in GMR Airports Limited. Prior to these sales, the Acquirer and PACs held an aggregate stake equivalent to 783,050,983 shares. Following the disposal, the aggregated...

Entities Declare No Encumbrance on Palash Securities Limited Shares as of March 2026 A series of companies and trusts, including those related to Birlasugar, have publicly declared that they have not placed any encumbrances on their shares in Palash Securities Limited. These declarations cover the financial year ended March 31, 2026.The declarations confirm that all parties—which include corporate entities and family trusts—have maintained clear title over their holdings in the target company beyond those shares already disclosed to stock exchanges and the company itself.The entities that declared no encumbrances on their shares of Palash Securities Limited are listed below:Declarant EntityGanges Securities LimitedChandra...