Markets

Sammaan Capital Limited Pays Monthly Interest on Secured Redeemable Non-Convertible Debentures Sammaan Capital Limited has confirmed that it has made timely payments of interest amounts corresponding to its Secured Redeemable Non-Convertible Debentures (NCDs). The debentures were issued through a public issue and are listed on the Stock Exchanges.The details regarding the interest payment across seven different NCD series, as well as their associated financial metrics, are provided below. All payments relate to monthly interest obligations.Sr. NoISINIssue Size (in INR lacs)Interest Amount Paid (in INR lacs)FrequencyPayment DateDue Date1.INE148I07TG61582.3512.62828Monthly29/06/202601/07/2026...

Coal Stock Levels Plunge to 58 Percent as Surging Power Demand Puts Strain on Thermal Plants As heatwave conditions intensify and monsoon proves deficient, coal stocks at thermal power plants are facing a significant decline. Inventory levels have fallen sharply, with domestic and imported coal-based plants now holding only 44.5 million tonnes as of June 28, down 27 percent from the previous year. This downturn is driven by relentless high electricity demand across the country.Sharp Decline in Coal Stocks at Thermal Plants Data released by the Central Electricity Authority reveals a critical situation regarding coal reserves. The stocks at domestic and imported coal-based power plants have dropped to 44.5 million tonnes from 61.3...

Innomet Advanced Materials Secures Purchase Order from Israeli Firm for $4,63,200 Innomet Advanced Materials Limited has secured a purchase order from Scope Metals Group Ltd, an entity based in Israel. The transaction relates to the supply of specialized materials and falls within the company's ordinary course of business.The purchase order, numbered 4600052193, was received on June 29, 2026. This agreement represents international trade for Innomet Advanced Materials Limited.The details of the contract include the following specifications:DetailInformationCounterpartyScope Metals Group Ltd (Israel)Order DateJune 29, 2026Nature of TransactionPurchase OrderTotal ConsiderationUSD 4,63,200Product...

Aritas Vinyl Ltd Successfully Completes Solar Power Project Using Issue Proceeds Aritas Vinyl Ltd, a manufacturer of PVC leather cloth, has announced the successful completion of its solar power project. The initiative was undertaken with the utilization of funds raised towards Capital Expenditure, as outlined in the company's prospectus.The completion of the Solar Power Project marks the fulfillment of one of the stated objectives related to the issuance of funds by Aritas Vinyl Ltd.The Company highlighted that this undertaking serves as a measure of transparency and good corporate governance concerning the utilization of IPO proceeds. This project supports the company's operational structure within the manufacturing of PVC leather...

Lending Rates Shift as Banks Navigate EBLR Dominance in SCB Sector, RBI Data Reveals A comprehensive review of lending and deposit rates for Scheduled Commercial Banks (SCBs) reveals a dynamic shift in banking costs and pricing mechanisms. Data released by the Reserve Bank of India (RBI) provides granular insights into these movements across April and May 2026, highlighting the accelerating trend towards External Benchmark Linked Lending Rates (EBLR).Lending Rate Trends and Cost Dynamics The weighted average lending rate (WALR) on fresh rupee loans by SCBs stood at 8.51 per cent in May 2026. This represents a marginal increase from 8.50 per cent recorded in April 2026, indicating slight upward pressure on newly originated credit...

Arvind Ltd Board Meeting Scheduled to Evaluate Major Fundraising Proposals Arvind Ltd has scheduled a meeting of its Board of Directors for Friday, July 3, 2026. The board is set to consider and evaluate proposals related to raising funds through various mechanisms available under applicable laws.The company's board meeting will address the potential for fund generation through qualified institutions placements, further public issue, rights issue, preferential issue, or any other permissible mode, or a combination of these methods. These proposals are subject to obtaining necessary statutory and regulatory approvals, as well as gaining consent from the members.In related operational announcements, Arvind Ltd confirmed that its...

Swaraj Suiting Limited Demonstrates High Compliance in Annual Secretarial Review Swaraj Suiting Limited has undergone an Annual Secretarial Compliance Report for the period commencing from April 1, 2026, to June 29, 2026. The report, conducted by M/s Sanjay Somani & Associates, details the company's adherence to relevant regulations and standards during this review period.The compliance examination covered several critical aspects of corporate governance, including board performance, disclosure requirements, internal controls, and regulatory adherence as mandated by SEBI Regulations.Key Findings in Corporate Governance Compliance M/s Sanjay Somani & Associates certified the company's status across various parameters, indicating a...

Shirpur Gold Refinery Ltd Holds Committee of Creditors Meeting in Corporate Insolvency Resolution ProcessShirpur Gold Refinery Limited, a company currently undergoing the Corporate Insolvency Resolution Process, convened its Thirtieth Committee of Creditors (CoC) meeting on Monday, June 29, 2026. The management held the crucial meeting via video conferencing using Zoom.The CoC meeting was rescheduled after having originally been planned for Thursday, June 25, 2026. The subsequent gathering took place on June 29, 2026, and lasted from 11:00 A.M. to 11:55 A.M., providing an update on the ongoing resolution process.The meeting falls under the purview of the company's status as a entity under the Corporate Insolvency Resolution Process.

Power Finance Corporation transfers Kakinada Transmission unit to Power Grid Corporation of India Power Finance Corporation Limited has completed the transfer of Kakinada I Transmission Limited (KITL), a wholly owned subsidiary of PFC Consulting Limited, to Power Grid Corporation of India Limited. The sale, which was finalized on June 29, 2026, involved the transfer of the entity established for the development of transmission systems critical for Green Hydrogen and Green Ammonia projects in Kakinada.Kakinada I Transmission Limited was created specifically to support Phase-I of the proposed Green Hydrogen/Green Ammonia projects in the Kakinada area. The transaction concluded with Power Grid Corporation of India Limited becoming the...

RBI's State Securities Auctions Surge to ₹13,600 Crore as States Secure Full Subscription on Robust Demand The Reserve Bank of India (RBI) successfully concluded its Yield/Price Based Auction for State Government Securities (SGS) on June 30, 2026. The auction saw strong investor appetite across various states, resulting in the full acceptance of the entire issuance.A total amount of ₹13,600 Crore was sought through the process. Crucially, the RBI managed to accept the entire amount offered, indicating a smooth and successful placement of state debt instruments into the market.Key Outcomes of SGS Auction across States The auction covered securities issued by five states, including Andhra Pradesh, Assam, Punjab, Rajasthan, and...

Sammaan Capital Completes Interest and Principal Payments on Debentures Sammaan Capital Limited has reported the timely payment of interest and principal related to its Secured Redeemable Non-Convertible Debentures and Unsecured Redeemable Non Convertible Subordinated Debt instruments. The company also provided details regarding the redemption process for these debentures, fulfilling obligations as of June 30, 2026.The company confirmed that entire interest and principal amounts were paid for both types of debt instruments.Details of Interest Payments Sammaan Capital recorded the following payments pertaining to its debenture holdings:ISINIssue Size (in INR lacs)Interest Amount Paid (in INR lacs)FrequencyPayment DateLast...

Hindprakash Industries Limited notes resignation of Company Secretary and Compliance OfficerHindprakash Industries Limited has reported the resignation of Mr. Utsav Trivedi from the position of Company Secretary and Compliance Officer, effective June 30, 2026, following a meeting of its Board of Directors.The company confirmed that Mr. Trivedi tendered his resignation due to personal reasons. As of the date of cessation, Mr. Trivedi ceases to be a Key Managerial Personnel for determining the materiality of any events or transactions for required disclosures.Hindprakash Industries Limited stated it is in the process of identifying a new Company Secretary and Compliance Officer. This appointment will be completed within the time...

Acquirers Announce Open Offer for Purple Finance Ltd: Aiming to Acquire Stake and Joint Control The open offer for acquiring equity shares of Purple Finance Limited was announced on June 30, 2026. The offer has been launched by Allied Commodities Private Limited and Mr. Sandeep Jindal, along with a group of Public Announcement Committees (PACs), targeting eligible equity shareholders of the company.Under the terms of the open offer, the Acquirers and PACs are seeking to acquire up to 176,48,152 fully paid-up equity shares of Purple Finance Limited. Each share carries a face value of ₹10, and the fixed Offer Price for the acquisition is set at ₹55.00 per Equity Share, payable in cash. This transaction represents an acquisition of up to...

PropShare Titania Designated Persons Trading Window Closes Ahead of Q3 Results Declaration The trading window for PropShare Titania, which represents the second scheme of the Property Share Investment Trust, has been formally closed for designated persons and their immediate relatives. This restriction comes in anticipation of the declaration of the unaudited financial results for the quarter ending June 30, 2026.The closure measure mandates that Designated Persons and their immediate relatives refrain from trading starting from the opening of business hours on July 01, 2026. The trading restriction will remain in effect until the expiry of 48 hours following the declaration of PropShare Titania's unaudited financial results for the...

Bhagyanagar India Limited Board Approves Two-Part Preferential Issue to Raise Funds Bhagyanagar India Limited announced on June 30, 2026, that its Board of Directors approved a plan for raising funds through the issuance of equity shares via preferential allotment. The decision covers two distinct tranches: one aimed at Qualified Institutional Buyers (QIB) and another targeted at non-QIB entities.The Board meeting determined the terms for issuing up to 106,895 fully paid-up equity shares to three Qualified Institutional Buyers. These shares are offered at a cash issue price of Rs 348.00 per share, which includes a premium of Rs 346/-. This tranche is intended to aggregate an amount up to Rs 41,99,99,460.In the second part of the...

Naman Jain Resigns from Independent and Non-Executive Directorship of Bharat Rasayan Limited Bharat Rasayan Limited has announced the resignation of Shri Naman Jain from his post as an Independent and Non-Executive Director. The change is effective from July 1, 2026.The company confirmed that Shri Jain tendered his resignation on June 30, 2026.According to details provided regarding the cessation of directorship, the primary reason for the resignation was the non-fulfilment of eligibility requirements prescribed under the Companies (Appointment and Qualification of Directors) Rules, 2014. This requirement relates specifically to the online proficiency self-assessment test within the stipulated timeline.Shri Naman Jain ceased his...

Park Medi World Surges on Massive Growth Plan: Company Outlines Rs 500 Crore Expansion, Eyes Near 5,600 Operational Beds Shares of Park Medi World gained significantly on Tuesday after management announced a robust expansion plan focused on bolstering its hospital network. The announcement details an investment outlay of approximately Rs 500 crore across the fiscal years FY27 and FY28. This initiative aims to expand the company's operational capacity up to nearly 5,600 beds by the close of FY28.At 3:16 pm, the stock was trading over 3.3% higher, reaching Rs 299.25. The firm’s market capitalisation subsequently reached around Rs 12,949 crore following the news dissemination.Gurugram Expansion Details and Immediate Capacity Gains The...

Utkarsh Small Finance Bank Transfers Stressed Portfolios of Loans to ARCs Utkarsh Small Finance Bank Limited has completed the transfer of various stressed portfolios, consisting of unsecured MFI loans and secured commercial vehicle and construction equipment loans, to Asset Reconstruction Companies (ARCs). The transaction was concluded following the Swiss Challenge Method.The bank executed the asset transfers across three distinct pools of accounts, addressing both NPA and written-off accounts. These actions involve disposing of non-performing assets by selling them to specialized ARCs.The details of the completed portfolio transfer, which includes unsecured MFI loans and secured commercial vehicle and construction equipment loans...

Sanjiv Kumar Singh to Cease as Chairman and Managing Director of Hindustan Copper Ltd on SuperannuationHindustan Copper Limited has announced that Shri Sanjiv Kumar Singh will cease his roles as Chairman and Managing Director of the company upon reaching superannuation age.The cessation, as notified by the company, is scheduled for June 30, 2026. This decision follows a previous communication regarding the transition of leadership at the organization.HINDCOPPER Stock Price Movement Shares of Hindustan Copper Limited are edging higher to ₹501.5 as of 3:26 PM today, rallying by 1.07% in live trading. The equity trades amidst strong market momentum, with millions of shares changing hands during the current session.

Borosil Scientific Ltd states stock volume increase is market driven Borosil Scientific Ltd has clarified the increased price and volume of its securities, stating that the trend is entirely market driven and no material information was withheld by the company.In a statement addressing an inquiry regarding the surge in the stock's trading activity, the Company confirmed that it had not held back any material events or information that needed disclosure as per listing regulations.The clarification established that the increase in the price and volume of Borosil Scientific Limited shares is driven purely by market forces.BOROSCI Stock Price Movement Shares of Borosil Scientific Limited are rallying to ₹174.55 as of 3:25 PM, having...