Markets

Fabtech Cleanrooms Clarifies Trade Receivables Aging after Investor Roadshow Fabtech Cleanrooms Limited has issued a clarification regarding its trade receivables aging, addressing a query raised during the recent Niveshak Samvad Roadshow held in Mumbai. The company confirmed that, as per its books of accounts, the amount of trade receivables outstanding for a period exceeding one year stands at ₹18.32 Crore as of March 31, 2026, contrary to the figure of 38 Crore mentioned during the investor interaction.The management stated that the outstanding receivables are primarily linked to several areas including ongoing projects where contractual milestones or client approvals are yet pending. Furthermore, these amounts include retention...

Prosus Warns: High Investments in Quick Commerce Drag Swiggy Profitability Despite Strong Growth Swiggy Core Business Drives Margin Expansion Amid Q-Commerce Investment Push Prosus, a significant investor holding 22.31 percent in Swiggy, has issued a cautious assessment regarding the company's financial performance for the January-December 2025 period. The Dutch technology investor noted that while Swiggy’s core food delivery operations saw substantial gains, these profits were offset by intensified investment within the quick commerce segment.The FY26 annual report highlighted that Swiggy's food-delivery business more than doubled its adjusted earnings before interest, taxes, depreciation and amortisation (aEBITDA). This signifies...

eClerx Services Limited Schedules One-to-One Investor Meeting with Kotak Securities Ltd eClerx Services Limited announced a dedicated investor meeting scheduled for June 29, 2026. The meeting is set up as a one to one interaction and involves Kotak Securities Ltd.The session focuses on providing insights regarding industry and company specific developments that are currently in the public domain.Details of the scheduled meeting are as follows:DateInteraction withDiscussion TopicVenueMeeting TypeJune 29, 2026Kotak Securities LtdIndustry and Company Specific DevelopmentsVirtualOne to OneThe company noted that the schedule may be subject to changes due to exigencies on the part of either the Investors or eClerx Services...

Mphasis Joins Microsoft Intelligent Security Association Amid Growing Cyber Threats Bengaluru, June 29, 2026 — Mphasis, a global AI-led, platform-driven technology solutions provider, announced today that it has become a member of the Microsoft Intelligent Security Association (MISA). This association comprises software development companies and security services partners that integrate their offerings with Microsoft Security technology to defend customers against escalating cyber threats.The achievement is a result of Mphasis' deep collaboration with Microsoft across Managed Security Services, Cyber Fusion Center (CFC) Services, and Consulting and Advisory Services built around key Microsoft technologies. These include Microsoft...

VLS Finance Announces Cessation of Independent Director Shri Dinesh Kumar Mehrotra VLS Finance Limited has confirmed the cessation of Shri Dinesh Kumar Mehrotra from his role as Non-Executive, Independent Director, following the completion of a stipulated term at the company.The company reported that Shri Dinesh Kumar Mehrotra completed his second tenure of five consecutive years as a Non-Executive, Independent Director of VLS Finance Limited. His directorship concluded effective from the closing hours of 28/06/2026.This change in the board composition reflects the natural progression of directorial terms.Details regarding the cessation are as follows:AttributeDetailDirector's NameShri Dinesh Kumar MehrotraReason for...

Marico Limited Completes Integration of Zed Lifestyle Business Unit in Intra-Group Restructuring Mumbai: Marico Limited has finalized a key phase of its intra-group restructuring, completing the integration of the business of Zed Lifestyle Private Limited ('Zed'), a wholly owned subsidiary. The consolidation occurred following the distribution of Zed's entire business undertaking to the parent company on a going concern basis.The completion of this process was confirmed after the Liquidator issued a Letter of Distribution dated June 29, 2026, formally transferring the assets and operations of Zed to Marico Limited.As a result of this distribution, the business undertaking of Zed is now consolidated with that of Marico Limited...

Tube Investments Appoints Price Waterhouse as Statutory Auditor and Announces Senior Management Changes Tube Investments of India Limited (TII) announced key decisions made by its Board of Directors, approving the appointment of a new statutory auditor and detailing significant changes within its senior management team. The approvals were finalized at the board meeting held on June 29, 2026.The company confirmed that M/s Price Waterhouse Chartered Accountants LLP has been appointed as the Statutory Auditors for TII. This decision was made based on a recommendation from the Audit Committee of the company.Auditor Appointment Details M/s Price Waterhouse Chartered Accountants LLP (Firm Registration No. 012754N/N500016) will serve as...

Viji Finance Limited Allots 3 Crore Equity Shares Following Warrant Conversion Viji Finance Limited announced that its Preferential Allotment Committee approved the allocation of 3,04,00,000 equity shares following the conversion of warrants. The allotment was completed on June 29, 2026.The equity shares were allotted at an issue price of Rs. 2.80 per share, which includes a premium of Rs. 1.80 per share. These shares were allocated to nine warrant holders from the non-promoter category. The transaction involved the receipt of the balance 75% of the issue price, amounting to Rs. 2.10 per warrant, totaling Rs. 6,38,40,000.This action follows a previous allotment of warrants made by the company on June 16, 2026, to 19 investors. Of...

Ahluwalia Contracts Implements Trading Window Closure Ahead of Q1 Results Ahluwalia Contracts (India) Limited has announced the closure of its trading window for certain designated personnel and their associated parties, effective July 01, 2026. This restriction is being enforced in anticipation of the declaration of the company's un-Audited Financial Results (Standalone & Consolidated) for the quarter ending June 30, 2026.The trading window closure specifically affects Directors, Officers, and Designated Employees of Ahluwalia Contracts, along with their immediate relatives. The restriction also extends to individuals who maintain a contractual or fiduciary relationship with the company, including Auditors, law firms, analysts, and...

Arun Vellore Surendra's Shareholding at VST Tillers Tractors Ltd Remains Stable Following Deceased Joint Holder's Demise VST Tillers Tractors Ltd has confirmed details regarding its share ownership following a change in its joint holding structure. The update pertains to the holdings of Arun Vellore Surendra, whose name remains listed as the first holder after the demise of Mr. V K Surendra, who was a joint shareholder.The company provided these details on 25.06.2026, noting that despite the change in the list of shareholders, there has been no alteration to the overall shareholding percentage or quantities held by Arun Vellore Surendra.Key figures regarding the acquisition and post-event holdings at VST Tillers Tractors Ltd are...

Indian Phosphate Limited Commences Operations at New Labsa Manufacturing Plant in CuddaloreIndian Phosphate Limited has commenced operations at its newly established Labsa manufacturing plant located in Cuddalore, Tamil Nadu. The startup of this facility marks a key step in the company's ongoing expansion strategy.The new plant is set up to significantly enhance production capacity and increase the company's geographical presence. This move is designed to effectively support the growing market demand for Indian Phosphate Limited’s products.The project has been financed using the IPO proceeds that were previously raised by the Company, as disclosed in its offer document.IPHL Stock Price Movement As of 12:54 PM, Indian Phosphate...

Desai Shares Acquires Shares of Bharat Parenterals in Open Market Transaction DESAI SHARES AND STOCK PVT LTD has acquired shares of Bharat Parenterals Limited through an open market transaction, impacting the company's shareholder holding structure.The acquisition was conducted by DESAI SHARES AND STOCK PVT LTD, which belongs to the promoter group. The purchase took place in the open market between June 1, 2026, and June 25, 2026.Acquisition Details Prior to the transaction, DESAI SHARES AND STOCK PVT LTD held 27,32,436 shares carrying voting rights in Bharat Parenterals Limited (BSE Script Code: 541096). At that time, the total equity share capital of Bharat Parenterals Limited was 68,91,963 equity shares of Rupees 10 each...

Promoter Acquires Shares in GNA Axles Ltd The promoter group of GNA Axles Limited has increased its stake following a recent acquisition, according to transaction details reported concerning the company's shareholding.MANINDERSINGH, identified as the acquirer and person acting in concert (PAC), holds shares in the target company, GNA Axles Limited, which is listed on both BSE Limited and National Stock Exchange of India Limited. The acquisition was executed between June 18, 2026, and June 24, 2026, with the intimation provided on June 26, 2026.Prior to the transaction, MANINDERSINGH held 4,549,426 shares carrying voting rights, which accounted for 10.6% of the total or voting capital. The acquirer also maintained holdings totaling...

VST Tillers Tractors Ltd: Shareholding Details Update Following Change in Promoter Group Composition VST Tillers Tractors Ltd has reported an update regarding its promoter shareholding following a change in the composition of the shareholder group. The reporting relates to the demise of Mr. V K Surendra, who was one of the joint holders, resulting in changes to the official register while maintaining stable ownership metrics for the primary promoter.V’V Pravindra, identified as the first holder and belonging to the Promoter group, holds a stake in VST Tillers Tractors Ltd listed on both the BSE Ltd. and National Stock Exchange of India Ltd. stock exchanges.The reported transaction details pertain to an administrative update rather...

ICRA Analytics Acquires Remaining Stake in D2K Technologies for INR 32 Crores ICRA Analytics, a material subsidiary of ICRA Ltd, has approved the acquisition of the remaining equity shares of D2K Technologies India Private Limited. The transaction involves the purchase of 40% of D2K’s equity share capital by ICRA Analytics from existing shareholders for a consideration of INR 32 crores.Upon the completion of this proposed acquisition, ICRA Analytics will hold 100% of the equity share capital of D2K on a fully diluted basis. The move transforms D2K into a wholly owned step down subsidiary of ICRA Ltd.D2K Technologies India Private Limited (D2K) is an entity providing banking and finance solutions, software services to financial...

Hindustan Aeronautics Board Recommends Dividend and Approves New Cost Auditor for FY 2026-27 Hindustan Aeronautics Ltd's (HAL) Board of Directors held a meeting on June 29, 2026, during which several key financial and operational decisions were made concerning the company’s performance and future audit requirements. Among the main outcomes, the Board recommended a Final Dividend for the Financial Year 2025-26, alongside approving the appointment of a new Cost Auditor for the subsequent fiscal year.The Board recommended a Final Dividend of Rs 10/ per equity share for the Financial Year 2025-26. This recommendation was made against an issued equity share value of Rs. 5/- each, and is subject to approval by the shareholders at the...

V V Vijayendra Acquires Shares in VST Tillers Tractors Ltd. Through Inter-se Transfer V V Vijayendra has increased their stake in VST Tillers Tractors Ltd. following an offmarket inter-se transfer of shares between promoters. The transaction relates to the transmission of shares due to the demise of Mr. V K Surendra.The acquisition occurred on 25.06.2026.According to the details, prior to the acquisition, the promoter held 6,26,012 shares, representing a holding of 7.24% relative to the total share/voting capital of VST Tillers Tractors Ltd.The inter-se transfer involved the acquisition of 10,49,875 shares, which amounted to 12.13% of the target company's (TC) voting capital.Following this transaction, V V Vijayendra's total...

Mysore Paper Mills Adjusts Board Meeting Time for Q1 Financial Results Review Mysore Paper Mills Ltd has announced a modification in the schedule for its upcoming Board of Directors meeting, which is set to review the company's provisional financial results for the quarter ended March 31, 2026.Initially scheduled for June 30, 2026, at 12:30 p.m., the meeting time has been postponed by the company. The Board of Directors will now convene on the same date but at 5:00 p.m.The original notice detailed that the primary agenda item for the gathering was to consider and take on record the Un-audited Financial (Provisional) Results of Mysore Paper Mills Ltd for the quarter ending March 31, 2026. This meeting is a key event in reviewing the...

Ultra Wiring Connectivity System Releases Half-Year Financial Results; Net Profit Reported at Rs 332.27 Lacs Ultra Wiring Connectivity System Limited (formerly Ultra Wiring Connectivity System Pvt. Ltd.) has announced its audited financial results for the half-year ended March 31, 2026. The company reported a net profit of 332.27 Lacs in the current period. These results were reviewed and approved by the Board of Directors on May 22, 2026.The financial statement summary shows significant operational figures for the half-year ending March 31, 2026, compared to the audited results from the previous year ended March 31, 2025.Operational Highlights (In Rs. Lacs)MetricHalf Year Ended Mar 31, 2026 (Audited)Full Year Ended Mar 31, 2025...

JSW Steel Announces Board Meeting to Review Q1 Financial Results; Closes Insider Trading Window JSW Steel Ltd has scheduled a Board meeting to review the company's Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The management announced that the meeting is set for Friday, July 17, 2026.In addition to convening this important financial review, the company has notified stakeholders regarding the closure of its trading window under its Code of Conduct.The Trading Window for Designated Persons and their immediate relatives will be closed starting from July 1, 2026. This restricted period is set to conclude on July 19, 2026 (both days inclusive), adhering to the company’s regulations...