Markets

Aditya Birla Sun Life AMC Announces Record Date and Schedules 32nd Annual General Meeting Aditya Birla Sun Life AMC Limited has announced details regarding its upcoming 32nd Annual General Meeting (AGM) and established the record date for shareholders entitled to receive a dividend for the financial year ending March 31, 2026.The company stated that the 32nd AGM will be held on Wednesday, July 29, 2026. The meeting is scheduled to take place at 11:00 a.m. (IST) and will be conducted through Video Conferencing (VC) or other AudioVisual Means (OAVM).Dividend Record Details To determine the shareholders who are eligible for the dividend related to FY 2025-26, Aditya Birla Sun Life AMC set the record date as Wednesday, July 22, 2026...

ICICI Prudential Launches Multi-Asset Active FOF to Hedge Inflation and Capture Long-Term Growth ICICI Prudential Mutual Fund has launched the Multi-Asset Active Fund of Funds (FOF), introducing a sophisticated open-ended scheme designed to navigate diverse market cycles. This new fund aims to offer investors a broadly diversified portfolio by actively managing investments across equity, debt, gold ETFs, and silver ETFs. The NFO is scheduled to commence on June 30 and conclude on July 14, 2026.Understanding the Multi-Asset Investment StrategyThe core objective of this FOF is to aid investors in capturing long-term growth opportunities while simultaneously mitigating portfolio volatility through proactive diversification. The fund...

Virtuoso Optoelectronics Completes Migration to NSE Main Board Listing Virtuoso Optoelectronics Ltd has successfully completed its migration from the SME Platform of the BSE, securing listing on the Capital Market Segment (Main Board) of the National Stock Exchange of India Limited (NSE). The transition marks a significant step for the company in its capital market journey.The company's equity shares are set to be listed and admitted to dealings on the National Stock Exchange (Capital Market Segment) starting July 01, 2026. This move represents the completion of the migration process from the SME Platform of BSE.In relation to the listing on the NSE, the following details regarding the securities have been provided:Description...

Gemstone Investments Converts 32,880,000 Warrants into Equity Shares Gemstone Investments Ltd announced that its Board of Directors approved the conversion of 3,28,80,000 Convertible Warrants into an equal number of Equity Shares on June 29, 2026.The company's Board held a meeting on Monday, June 29, 2026, during which it ratified the conversion transaction. Under this approval, 3,28,80,000 Convertible Warrants were converted into 3,28,80,000 Equity Shares of the company.The shares were allotted to non-promoters. Each warrant was converted into one equity share, which had a face value of ₹1/- and a conversion price of ₹2.50/- per equity share upon receipt of the full subscription amount.Details regarding the allotment and the...

Almondz Global Securities Ltd Allots 80 Lakh Warrants in Preferential BasisAlmondz Global Securities Ltd has announced the allotment of Fully Convertible Warrants following a meeting of its Committee For Further Issue of Share, held on June 29, 2026. The company approved the issuance of 80 lakh Fully Convertible Warrants to members falling under the Non-Promoter, Public Category on a preferential basis.The warrants were issued at an issue price of Rs. 16.58 per Warrant. The allotment requires the recipients to pay 25% of the issue price upon receipt of the warrant, with the remaining equity shares being convertible into the warrantees within a specified timeline.Details regarding the allocation are as follows:S. No.Name of...

RBI Slaps ₹1 Lakh Fine on Chikmagalur Co-operative Bank for Violating Banking Regulations Monetary Penalty Imposed as RBI Cites Compliance Failures at District Co-operative Central Bank The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 lakh on The Chikmagalur District Co-operative Central Bank Ltd., Karnataka. This action stems from the bank's contravention of specific provisions within the Banking Regulation Act, 1949 (BR Act).The penalty was formalized by an order issued by the RBI on June 25, 2026. The imposed fine represents a violation of Section 20 read with Section 56 of the BR Act. This measure was taken in exercise of powers granted to the RBI under various sections of the BR Act.Basis of Statutory...

Clean Max Enviro Energy Solutions Approves Annual Report and Schedules 16th AGM Clean Max Enviro Energy Solutions Ltd., formerly known as Clean Max Enviro Energy Solutions Private Limited, held a Board of Directors meeting on Monday, June 29, 2026. During the meeting, the company addressed several key operational and procedural matters relating to its financial reporting for the last fiscal year and future general meetings.The Board meeting commenced at 04:15 p.m. (IST) and concluded at 04:50 p.m.Key outcomes approved by the Board included setting the fixed Cut-Off Date for the dispatch of the Annual Report and for remote e-voting procedures. Furthermore, the Board formally considered and approved the Board's Report covering the...

ITC Surges Beyond ₹11,204 Crore in Foreign Exchange as Global Exports cement Decade-Long Growth FMCG Expansion Fuels International Footprint ITC Group has demonstrated significant financial strength, reporting that it earned over ₹11,204 crore in foreign exchange during the fiscal year 2025-26. This figure underscores the company's robust international performance and growing global reach.The results reflect a continued expansion of ITC’s export base across its diverse business segments. The FMCG operations are actively increasing their overseas presence, with ITC brands now successfully established in more than 70 countries worldwide.Agri Business Leads Growth through Global Markets The company's Agricultural (Agri) business played...

Passenger Vehicles Drive Surge at Tata Motors as JLR Performance Stalls Rally Momentum The automotive landscape presents a bifurcated story for Tata Motors, with the strength of the passenger vehicle division propelling strong gains. While domestic and smaller commercial vehicles are reportedly stepping "on the gas," the overall market momentum remains constrained by performance issues emanating from the high-end Jaguar Land Rover (JLR) segment. This divergence highlights the complexity of evaluating a global automotive giant whose success relies on both mass-market penetration and luxury brand stability.The Momentum Generated by Passenger Vehicle Divisions The operational performance within Tata Motors' passenger vehicle (TMPV)...

Promoter Group to Sell 2.81% Stake in Crop Life Science Limited via On-Market Transaction Crop Life Science Limited has announced a planned share transfer involving members of its promoter group, who plan to sell 4,80,000 equity shares through an on-market transaction. The shares are being purchased by the company's Whole-Time Director, Mr. Chunilal Samjubhai Virolia.The proposed sale involves three individuals from the promoter group: RAJESHKUMAR VRAJLAL LUNAGARIYA, VIJAYABEN A LUNAGARIA, and SUMITABEN RAJESHKUMAR LUNAGARIA. The transaction is set to take place through the stock exchange market and does not involve the issuance of any new shares by Crop Life Science Limited.The sale constitutes 2.81% of the paid-up equity share...

Merritronix Ltd Signs MoUs with Analinear Design Technologies and Stuarn Technologies to Offer Manufacturing Services Merritronix Ltd has entered into two Memorandums of Understanding (MoUs) aimed at providing specialized manufacturing services for its partners, Analinear Design Technologies Pvt Ltd and Stuarn Technologies Limited. The agreements position Merritronix as a key contract manufacturer for both entities in India.According to the details provided, Merritronix is set to serve Analinear Design Technologies Pvt Ltd as their preferred manufacturing partner in India. This partnership encompasses various elements of Analinear’s designs, including PCB assemblies, prototype builds, evolution kits, and production runs. The MoU...

Gujarat Inject Kerala Ltd Revises Record Date for Equity Share Sub-Division Gujarat Inject Kerala Ltd has announced a revision to the record date designated for its equity share sub-division or split. The change concerns the timeline for shareholders wishing to determine their entitlement regarding this corporate action.The company confirmed that the previous record date, set for Thursday, July 02, 2026, is withdrawn and superseded. In place of the earlier date, Gujarat Inject Kerala Ltd has established a new record date.The revised date for determining shareholder eligibility for the sub-division or split of equity shares is Wednesday, July 8, 2026.Management confirmed that despite the revision of the record date, all other terms...

3B Films Ltd to Hold Board Meeting for Major Fundraising Proposal 3B Films Ltd, formerly known as 3B Films Private Limited, has scheduled a meeting of its Board of Directors for Thursday, July 2, 2026. The primary agenda item includes a proposal regarding the raising of funds through various security issuances.The company intends to raise capital by issuing equity shares, convertible bonds, debentures, convertible warrants, preference shares, or any other equity linked securities (collectively referred to as "Securities"). Permissible methods for this fundraising include rights issue, private placement, preferential issue, or qualified institutions placement of Securities, in accordance with applicable laws. The board meeting is also...

MRF Ltd Announces 65th Annual General Meeting and Sets Record Date for Final DividendMRF Limited has announced the schedule for its 65th Annual General Meeting (AGM) and established a specific record date related to the payment of a final dividend.The AGM is scheduled to be held on Thursday, August 06, 2026. The meeting will be conducted through Video Conferencing or other Audio Visual Means.MRF Ltd has also set the record date for shareholders concerning the potential payment of a final dividend. This record date is crucial for determining eligibility as per the company's operational requirements.The key details regarding the equity security and the dividend are as follows:Security TypeRecord Date for Dividend...

Divyadhan Recycling Industries Limited Appoints Umesh Gupta as Additional Director Divyadhan Recycling Industries Limited has announced the appointment of Mr. Umesh Gupta as an Additional Director to its Board of Directors. The decision was taken by the company's Board of Directors during a meeting held on June 29, 2026.Mr. Umesh Gupta consented to serve as the Additional Director for Divyadhan Recycling Industries Limited. He is described as a qualified professional possessing extensive experience in corporate management.The appointment of Mr. Gupta carries an effective date of June 29, 2026, and is subject to regularisation by the company's shareholders at the ensuing Annual General Meeting. Furthermore, it was noted that Mr...

Central Bank of India Inaugurates International Financial Services Centre Unit in GIFT City Central Bank of India has inaugurated its International Financial Services Centre (IFSC) Banking Unit at Gujarat International Finance Tec-City (GIFT City), located in Gujarat, India. The inauguration ceremony took place on June 29, 2026.The event was held in the presence of the Bank's Managing Director and Chief Executive Officer, Shri Kalyan Kumar, along with other senior executives from Central Bank of India.The newly established IFSC Banking Unit is designed to address the foreign currency funding needs of the bank's corporate clientele. The unit will offer a wide array of financial products and services tailored to meet the evolving...

Purple Finance Ltd Approves Sale of Loan Portfolio Up To Rs 23 Crores via Direct AssignmentPurple Finance Ltd has approved the sale of a portion of its loan portfolio, aggregating up to Rs 23.00 crores. The transaction, which was authorized by the company's Finance Committee, involves selling the loans through a Direct Assignment route.The move is expected to be income accretive for the company and serves to reaffirm Purple Finance Ltd’s capacity to originate and maintain a quality loan portfolio in the market.Under the terms of these direct assignment transactions, the participation ratio between the assignees and Purple Finance Limited will stand at 90:10. Despite this transaction, Purple Finance Ltd will continue in its role as...

National Oxygen Ltd Promoter Sells Equity Shares in Market Transaction National Oxygen Ltd, a manufacturer of various gases including Liquid & Gaseous Oxygen and Nitrogen, reported a sale transaction involving its promoter. Rajesh Kumar Saraf, identified as a Promoter, disposed of a portion of the company's equity shares.The transaction details indicate that Mr. Rajesh Kumar Saraf sold Equity Shares, with the disposal executed on the market. The intimation to the company regarding this disposal was made on June 20, 2026. The sale took place on June 25, 2026, while the acquisition of shares related to this transaction occurred on June 24, 2026.The financial details of the shareholding and the transaction are summarized in the table...

GIC Housing Finance Ltd's Board Approves Key Document for Secured Non-Convertible Debenture Issue GIC Housing Finance Ltd announced that its Board of Directors approved the Key Information Document (KID) on June 29, 2026. The approval pertains to a funding initiative through the issuance of debentures.The company's Board meeting held on Monday, June 29, 2026, considered and sanctioned the KID as per regulatory standards. This action paves the way for GIC Housing Finance Ltd to raise funds by issuing Secured, Listed, Rated, Redeemable, Taxable, Non-Convertible Debentures (NCDs) through a Private Placement basis.The company further noted that additional information will be provided at the time of the actual issuance of NCDs or Bonds...

SMC Global Securities Declares 30% Final Dividend for Financial Year 2025-26 SMC Global Securities Ltd announced the declaration of a final dividend at its 32nd Annual General Meeting, which was held on Friday, June 26, 2026. The members approved the declaration of a final dividend amounting to 30% on the face value of the equity shares for the financial year 2025-26.The company's equity shares have a face value of ₹2/- each. Based on this valuation, the final dividend has been set at ₹0.60 per equity share.The payment of the final dividend will be made to shareholders whose names appear in the Register of Members or Beneficial Owners as on the specified Record Date. SMC Global Securities Ltd stated that the relevant record date for...