Markets

Sabar Flex India Limited Appoints SCS AND CO. LLP as Secretarial Auditor for FY 2025-26 Sabar Flex India Limited has appointed M/s. SCS AND CO. LLP as the Secretarial Auditor of the company for the Financial Year 2025-26. This decision was approved by the Board of Directors during a meeting held on June 30, 2026.The appointment targets the requirement set forth by Section 204 of the Companies Act, 2013, and Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. M/s. SCS AND CO. LLP will serve as the Secretarial Auditor for the stipulated financial year.Key details regarding the appointment and the auditing firm are provided below:ParticularsDetailsAuditing FirmM/s. SCS AND CO. LLP (LLPIN...

Skipper Ltd Clarifies Stock Price Movement, Stating No Withheld Material Information Skipper Ltd has issued a statement addressing current movements in its stock price and volume, confirming that the company holds no material information or pending announcements that could influence its scrip's market behavior.The company confirmed that it has consistently provided all necessary disclosures regarding material events and information relevant to its scrip. Management stated there is presently no further announcement or information awaiting disclosure that would bear on the price or volume trends of Skipper Ltd stock.Skipper Ltd reiterated that the increase observed in the price and volume of the company's scrip is purely market...

Natco Pharma Limited Announces Superannuation of Vice President - Operations ExecutiveNatco Pharma Limited has announced that Nadella Malleswara Rao, who held the position of Vice President - Operations in the Pharma Division, has superannuated with effect from the closure of business hours on June 30, 2026.The executive's departure marks a change within the senior management structure of the company. Mr. Nadella Malleswara Rao was noted as holding the role of Vice President - Operations in the Pharma Division at Kothur.Key details regarding the superannuation are summarized below:ParticularsDetailsNameNadella Malleswara RaoReason for Change in Senior ManagementSuperannuation as Vice President - Operations, Pharma...

LTM Ltd Announces Board Meeting to Discuss Q1 Financial Results LTM Ltd has scheduled a meeting of its Board of Directors to review the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company also announced that an Earnings Conference Call will be held on the same day.The Board Meeting is set for Saturday, July 11, 2026. During the meeting, directors are expected to consider and approve the unaudited standalone and consolidated financial results, along with the Limited Review Report(s) of the Statutory Auditor pertaining to the quarter.Further details regarding the Earnings Conference Call are yet to be submitted.In addition to the corporate announcements, LTM Ltd confirmed that...

Avance Technologies Ltd Approves Key Board Changes: Santosh Hambare Appointed Managing Director and CFO Avance Technologies Ltd announced significant changes to its board structure following a meeting held on June 30, 2026. The company approved several key appointments and designation changes aimed at strengthening governance and operational capacity.Among the decisions taken were the change in designation for Mr. Latesh Poojary. Mr. Poojary, who previously held the role of Managing Director, was designated as a NonExecutive Director of the company.New Appointments Detail Board Strengthening Efforts The board meeting saw the appointment of Mr. Santosh Hambare (DIN: 11523270) to two crucial roles: Managing Director and Chief...

AG Universal Permanently Closes Manufacturing Unit Due to Persistent Industrial Gas Supply Disruption A G Universal Limited has announced the permanent closure of its manufacturing unit located in Jhajjar, Haryana, effective June 30, 2026. The decision follows a board evaluation that determined that the supply disruption of industrial gas required for production is likely to persist, rendering the resumption of operations commercially and operationally unviable at present.The closure concerns only part of the company's operations pertaining to the Jhajjar manufacturing unit. The Company had previously disclosed on May 16, 2026, that the unit’s operations were temporarily suspended due to the lack or disruption in industrial gas...

Smiths & Founders Ltd Board Approves Key Resolutions, Plans Restructuring Clause Alteration Smiths & Founders (India) Ltd announced that its Board of Directors approved several material resolutions during a meeting held on June 29, 2026. The decisions cover the continuation of Mr. Suresh Shastry's tenure and the alteration of the company’s Memorandum of Association.A key resolution passed by the Board concerned the continuation of Mr. Suresh Shastry as Chairman and Managing Director upon reaching the age of seventy years. This continuation is subject to shareholder approval at the ensuing Annual General Meeting (AGM).Furthermore, the Board approved an alteration to the Object Clause of the Memorandum of Association. The change...

Nexus Select Trust Demonstrates Commitment in Sustainability with FY2025-26 Business Responsibility Report Nexus Select Trust, a Real Estate Investment Trust (REIT) operating across multiple cities in India, has published its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report details the entity's operational scope, environmental stewardship initiatives, and social impact achievements.The company, which is listed on both the BSE and the National Stock Exchange of India Limited (NSE), reports a total unit capital of INR 1,515 Crores as of March 31, 2026. The consolidated reporting boundary encompasses operations across 19 malls, three offices, and three hotels.Environmental Stewardship...

Rbm Infracon Limited Appoints SCS AND CO. LLP as Secretarial Auditor for Financial Year 2025-26 Rbm Infracon Limited has appointed M/s. SCS AND CO. LLP, a practicing company secretary firm based in Ahmedabad, as its Secretarial Auditor for the financial year 2025-26.The appointment of M/s. SCS AND CO. LLP (LLPIN: AAV-1091) was decided by the company’s Board of Directors following a meeting held on Tuesday, June 30, 2026.M/s. SCS AND CO. LLP is an Ahmedabad based firm comprising experienced Practicing Company Secretaries. The partnership includes Mr. Abhishek Chhajed (Mem No.: FCS 11334 and COP No.: 15131), who possesses over 11 years of professional experience in the field.The firm has extensive areas of practice, which include...

Zensar Technologies Ltd Recommends 630% Final Dividend; Sets AGM and Record Date Zensar Technologies Ltd has announced that its Board of Directors recommends a significant final dividend for the financial year ended March 31, 2026. The company has also set the record date for this distribution and scheduled the subsequent Annual General Meeting (AGM).The Board of Directors, during a meeting held on April 24, 2026, recommended a final dividend of Rs. 12.60 per equity share. This recommendation is based on an equity share face value of Rs. 2 and is subject to approval by the members at the forthcoming 63rd Annual General Meeting.The company has fixed Friday, July 17, 2026, as the record date for the dividend payment. The recommended...

Promoter Offers Sale of Shares in Indian Railway Finance Corporation Ltd through Stock Exchange Mechanism The President of India, acting through the Ministry of Railways, Government of India, has initiated an Offer for Sale (OFS) of equity shares in Indian Railway Finance Corporation Limited. This sale is being conducted through the stock exchange mechanism, with a portion of the offering reserved for retail investors and employees.The Promoter intends to sell up to 13,06,85,060 Equity Shares of the Company. These shares represent 1% of the total paid-up equity share capital of Indian Railway Finance Corporation Limited.Offer Details and Timeline The sale is structured across multiple days for different investor groups. The offer...

Sammaan Capital Limited Pays Interest Accruals on Secured Redeemable Non-Convertible Debentures Sammaan Capital Limited has completed the payment of interest amounts concerning its Secured Redeemable Non-Convertible Debentures (NRCDs) issued through a public issue and listed on the stock exchanges. The company provided detailed records confirming these payments across various debenture series.The details covering the payments, frequencies, and corresponding dates are set out below:Sr. NoISINIssue Size (INR lacs)Interest Amount (INR lacs)FrequencyDue DateActual Payment DateLast Payment Date1INE148I07XR56004.15232Monthly01/07/202629/06/202601/06/20262INE148I07XG82545.6818.09847Monthly01/07/202629/06/202601/06/2026...

Cords Cable Industries Recommends Dividend and Issues Tax Deduction At Source Guidelines for Shareholders The Board of Directors of Cords Cable Industries Limited has recommended a dividend for its shareholders, along with detailed guidance concerning the applicable Tax Deduction at Source (TDS) on the payment. The recommendation was made during a board meeting held on Thursday, May 28, 2026.The Company recommended a dividend of Rs. 1.20/- per equity share, which represents 12% of the face value. This dividend is associated with the Financial Year ended March 31, 2026, and is subject to formal approval by the Members of the Company at the ensuing Annual General Meeting.TDS Requirements on Dividend Payout In line with the provisions...

Open Offer Details: Jitesh Kothari and Atul Jaiswal Announce Acquisition of 25.57% Stake in Arco Leasing Ltd Mr. Jitesh Kothari (Acquirer 1) and Mr. Atul Ramshankar Jaiswal (Acquirer 2) have announced an Open Offer for the acquisition of Equity Shares in Arco Leasing Limited (the Target Company). The offer aims to acquire up to 27,74,970 shares, representing 25.57% of the Expanded Voting Share Capital of the company, at a fixed offer price of ₹10.00 per share, payable in cash.The Open Offer allows public shareholders to tender their Equity Shares during the Tendering Period. Assuming full acceptance, the total maximum consideration for these shares is set at ₹2,77,49,700.00.Key Details of the Public Share Acquisition The offer...

Centre Posts Massive Fiscal Turnaround: May Delivers Surplus as Government Budget Path Stabilizes The government's fiscal narrative took a positive turn in May, moving from a deficit recorded earlier in April. According to data released by the Controller General of Accounts on June 30, the Centre’s fiscal deficit for the two-month period (April-May FY27) stood at Rs 1.624 lakh crore. This figure represents approximately 9.6 percent of the full-year Budget Estimate for FY27.This reduction in the two-month deficit follows a significant financial improvement recorded during May, where the Centre registered a fiscal surplus of Rs 2 lakh crore. This outcome contrasts with the fiscal deficit that was reported during April.Analysis of...

Amber Enterprises Extends Deadline for Completion of MoMagic Wireless Equity Acquisition Amber Enterprises India Ltd has announced an extension for the completion of the acquisition of the remaining equity stake in MoMagic Wireless Private Limited. The acquisition is being undertaken by IL JIN Electronics (India) Private Limited, a material subsidiary of Amber Enterprises.The timeline for the second tranche of this equity stake acquisition in MoMagic has been extended to September 30, 2026. This deadline remains subject to mutual agreement between all parties involved in the Definitive Transaction Agreements.IL JIN Electronics (India) Private Limited is executing the purchase of the remaining equity stake in MoMagic Wireless Private...

Shrenik Limited Reports Cessation of Independent Director Due to Completion of Tenure Shrenik Limited has announced that the tenure of an Independent Director at the company has concluded. Mrs. Jalpika Dhruvkumar Joshi ceased to be an Independent Director, effective May 30, 2026.The cessation is due to the completion of her term as a director, with no other material reasons cited for the change in the Board composition.Details regarding the independent director and the reason for the change are provided below:ParticularsDetailsNameMrs. Jalpika Dhruvkumar JoshiDate of CessationMay 30, 2026Reason for ChangeCompletion of term of Independent DirectorshipShares Held in CompanyNilThis event relates to the change in...

Tokyo Plast International Ltd Approves Formation of Wholly Owned Subsidiary for Retail Distribution Tokyo Plast International Ltd has announced the incorporation of a new wholly owned subsidiary company. The decision was approved by the Board of Directors at its meeting held on June 30, 2026. This move is intended to allow the Company dedicated focus on the retail distribution and trading aspects of its stainless steel and plastic drinkware products.The establishment of this entity aims to ensure a more agile and customer-focused approach for the company's product lines. The subsidiary will carry out the business of trading, retail, and distribution of Tokyo Plast International’s existing offerings.The details regarding the new...

Subsidiary of Medplus faces drug license suspension in Karnataka; potential revenue loss cited Medplus Health Services Limited has received an update regarding the regulatory status of a subsidiary, Optival Health Solutions Private Limited, which faces multiple license suspensions for stores located in Karnataka. The company was informed that the subsidiary's Drug Licenses have been suspended following orders from the local Drugs Control Administration.The suspension pertains to stores situated at gajendragad and collegr road in Gadag, Karnataka. These actions were initiated under Rule 65 of the Drugs and Cosmetics Act, 1940 and the Drugs and Cosmetics Rules, 1945.Details concerning the licensing issue and its consequences have been...

Vasa Denticity Announces Q/FY Results and Appointment of New CFO Vasa Denticity Limited has released its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company also confirmed the appointment of Mr. Sandeep Aggarwal as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP).The Board of Directors reviewed and approved these financial outcomes at a meeting held on May 26, 2026. The statutory auditors expressed an Unmodified opinion regarding both the standalone and consolidated financial results for the period.Financial Performance Highlights The company’s performance across the reported periods was detailed in both the standalone and consolidated...