Markets

Directorate of Enforcement issues Provisional Attachment Order over Rs 55.57 Crore worth of assets belonging to Hampton Sky Realty Ltd Hampton Sky Realty Ltd has received a Provisional Attachment Order from the Directorate of Enforcement (ED), which provisionally attached movable and immovable properties aggregating approximately Rs 55.57 crore under the Prevention of Money Laundering Act, 2002 (PMLA).The order was issued by the ED Headquarters Investigation Unit on June 25, 2026. According to the documents, the attachment pertains to assets standing in the name of Hampton Sky Realty Limited and its associated entities and persons.The attached assets encompass a range of properties including bank accounts, fixed deposits, land...

Clean Max Enviro Energy Solutions Provides Corporate Guarantee for Subsidiary's Term Loan Facility Clean Max Enviro Energy Solutions Ltd has extended a corporate guarantee in favor of its subsidiary, Clean Max Nile Private Limited, concerning term loan facilities the subsidiary has availed. The guarantee provides security for the loans taken by Clean Max Nile Private Limited.The company provided the corporate guarantee as assurance to the lender(s) related to the term loan facilities secured by the subsidiary. The total amount covered by this corporate guarantee is INR 11.35 Crore.Key details regarding the corporate guarantee and its implications are as follows:AspectDetailsGuaranteed PartyClean Max Nile Private Limited...

TeleCanor Global Ltd to Host Board Meeting to Address Operations, Expansion Plans in Andhra Pradesh TeleCanor Global Ltd has scheduled a meeting of its Board of Directors for Monday, June 29, 2026, at 4:00 PM at the company’s registered office. The meeting is set to review various aspects of the company’s business operations and consider several strategic initiatives across its working units.Key items slated for discussion at the board meeting include the consideration and approval of opening a new Branch Office in Yellamanchili, Andhra Pradesh.The agenda also includes a detailed review of the current labor situation pertaining to the company's operations, with directors tasked to consider appropriate measures for resolution...

Harish Textile Engineers Ltd confirms closure of dispute with Makharia Machineries Pvt. Ltd. Harish Textile Engineers Ltd has confirmed the resolution and closure of a matter involving Makharia Machineries Pvt. Ltd., following an amicable settlement regarding a claimed amount. The company received confirmation via communication dated June 25, 2026, from the Advocate representing Makharia Machineries, confirming the full and final settlement of the claim.The company confirmed that the communication, received on June 26, 2026, indicated the receipt of the claimed amount by Harish Textile Engineers Ltd. This action marks the successful conclusion of the dispute between both parties. The matter has been officially withdrawn and is now...

Dixon Technologies Holds Investor Meetings with Investec Capital and DSP MF Dixon Technologies (India) Ltd held individual meetings with institutional investors, including Investec Capital and DSP Mutual Fund, on June 26, 2026. The engagements involved discussions between company officials and representatives from the investment firms.The meetings were conducted in an in-person setting, with the specific details of each engagement provided as follows:Investor NameMeeting DateTime (IST)Mode of MeetingType of MeetingInvestec Capital26th June, 202612:30 P.M.In-PersonOne-on-OneDSP MF26th June, 20263:30 P.M.In-PersonOne-on-OneThe company confirmed that during these meetings, no presentation was made and no unpublished price...

Urban Company Ltd Announces One on One Meeting with QRC Investment Advisors LLP Urban Company Ltd has scheduled an Analyst/Investor meeting with QRC Investment Advisors LLP. The engagement, which is a one on one virtual session, is set for June 30, 2026.The company confirmed the details of this Investor meeting, providing specific information regarding the date, the participating analyst firm, and the format of the session.According to the disclosed schedule, the details of the Analyst/Investor meeting are as follows:DateNameType of MeetingPlaceJune 30, 2026QRC Investment Advisors LLPOne on one meetingVirtual meetingURBANCO Stock Price Movement Urban Company Limited shares slipped by 2.34% on Thursday, closing at ₹129.83...

CARE Ratings Reaffirms Credit Rating for Albert David Ltd.'s Bank Facilities Albert David Limited has received revised credit ratings from CARE EDGE Ratings regarding its various bank facilities, covering both long-term and mixed term loans, according to a report dated June 26, 2026. The review assessed the company's operational and financial performance for Fiscal Year 2026.The agency reaffirmed the rating for Long Term Bank Facilities at CARE A; Negative. This facility originally amounted to 51.50 crore and has been rated at 50.50 crore. Furthermore, the Long Term / Short Term Bank Facilities were reaffirmed with a rating of CARE A; Negative/CAREA1.Credit Rating Summary for Key Bank Facilities The ratings provided by CARE EDGE...

Bharatam Ventures Completes Acquisition of Penganga Sakhar Karkhana, Takes Control in Sugar Agro-Processing Sector Bharatam Ventures Limited has successfully completed the acquisition of Penganga Sakhar Karkhana Private Limited, acquiring a near total stake and making the entity a subsidiary of the company. This strategic move aims to diversify Bharatam Ventures' business portfolio into the sugar and allied agro-processing industry.The company acquired 1,49,998 Equity Shares in Penganga Sakhar Karkhana Private Limited. The acquisition was completed through cash consideration under the terms of a Share Purchase Agreement.As of the completion of the transaction, Bharatam Ventures Limited holds 99.9987% of the paid-up equity share...

Cube Highways Trust Appoints New Project Manager Following NHAI Approval Cube Highways Trust has finalized the appointment of a new entity as its Project Manager (PM), effective June 26, 2026. The change follows prior approval from the National Highways Authority of India (NHAI).The shift involves replacing Cube Highways and Transportation Assets Advisors Pvt. Ltd. (CHTAAPL) with Cube Highways Asset & Project Advisory Private Limited [CHAPA(P)L]. This transition was initially approved by the Board of Directors of the Investment Manager, after consultation with Axis Trustee Services Limited, in a meeting held on February 27, 2026.The approval process concluded when NHAI issued a letter dated June 17, 2026, granting approval for...

Silver Consumer Electricals Secures Rs 150 Crore in Pre-IPO Round, Signals Confidence Ahead of Mega Offering Electrical consumer durables and agricultural equipment manufacturer Silver Consumer Electricals has executed a significant funding round. The company successfully raised ₹150 crore in its pre-IPO stage through a strategic investment by Riyaz Suterwala. This latest capital infusion reinforces the company's robust investor backing as it prepares for its upcoming Initial Public Offering (IPO).The transaction involved a secondary sale, where promoter Dharamshibhai Mohanbhai Bediya transferred 73.15 lakh shares to Mr. Suterwala on June 24. This move was facilitated through a private placement and amounted to ₹149.9 crore. Riyaz...

Favorable Ruling in Arbitration: Honasa Consumer Directed to Collect Over AED 9.9 Million from RSM General Trading LLC Honasa Consumer Limited has secured a favorable outcome following an Arbitral Tribunal's decision regarding its ongoing dispute with RSMM General Trading LLC (RSM). The Tribunal, having considered an application filed by the company under Section 33 of the Arbitration and Conciliation Act, 1996, allowed the application on June 26, 2026, leading to significant corrections and enhancements in the final Award.The initial arbitration between Honasa Consumer Limited and RSM covered breaches of the Authorized Distributor Agreement (ADA). The subsequent ruling addressed computational and clerical errors present in the...

Durlax Top Surface Limited Allots Over 1 Crore Warrants at Rs 47.50 per Warrant Durlax Top Surface Limited has announced the allotment of fully convertible warrants, following approval by its Board of Directors. The company allocated a total of 1,03,15,790 Fully Convertible Warrants (Warrants) to various allottees for cash consideration.The allotment was made subsequent to shareholder approval on May 12, 2026, and in-principle approval granted by the National Stock Exchange of India Limited (NSE) on June 12, 2026.Details regarding the securities issue were confirmed during the Board meeting held on Friday, June 26, 2026. The Warrants have a Face Value of Rs. 10/- per unit and were issued at an issue price of Rs. 47.50/per warrant...

Promoters Acquire Additional Shares in Om Power Transmission Limited on Open Market Om Power Transmission Limited saw increased shareholding from its promoters following the purchase of equity shares by three key members of the promoter group across multiple transactions in June 2026. The acquisitions were executed on the open market, resulting in an increase in their respective stakes.Kalpesh Dhanjibhai Patel, a promoter, acquired additional equity shares of the company. Prior to this transaction, his holdings stood at 8,260,000 securities, representing 24.12% of the stock. Through the purchase, he increased his stake by acquiring 14,221 Equity Shares in the open market. This acquisition valued 26.01 Lakhs and resulted in his...

Power Mech Projects Limited Announces Retirement of Independent Director Mrs. Lasya Yerramneni Power Mech Projects Limited announced that Mrs. Lasya Yerramneni, a Non-Executive Woman Independent Director, will cease to be a director of the company following the completion of her second and final term. This decision was effective as of June 26, 2026.The Board of Directors acknowledged Mrs. Lasya Yerramneni's valuable contributions throughout her tenure. The company specifically noted her effective participation and guidance across several crucial committees. These include the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee.Details regarding the...

Adani Ports Receives ESG Rating Upgrade from CareEdge; Achieves 'Leadership' StatusAdani Ports and Special Economic Zone Limited (APSEZL) has been awarded an improved Environmental, Social, and Governance (ESG) rating by CareEdge ESG Ratings Limited. The upgrade reflects the company's ongoing commitment to strengthening its sustainable practices across operations.The rating action followed CareEdge ESG Ratings' annual surveillance review and incorporated disclosures provided in APSEZ's FY26 Integrated Annual Report. The company achieved a new ESG score of 84.3, corresponding to a CareEdge-ESG 1+ rating, which positions it as a 'Leadership' entity in managing ESG risks through best-in-class policies and performance. This represents...

Poonawalla Fincorp Limited Exercises Call Option on Unsecured Perpetual Debt Worth Rs 10 Crore Poonawalla Fincorp Limited has exercised the call option concerning its unsecured, rated, non-convertible, subordinated, perpetual debt (NCD). The company decided to redeem the NCDs in full on Friday, July 31, 2026.The action relates to 100 units of Unsecured, Rated, Non-Convertible, Subordinated, Perpetual Debt, issued on a private placement basis with an issue size aggregating to Rs. 10,00,00,000/- (Rupees Ten Crore only). The NCDs were originally issued on August 1, 2016.The redemption is set to take place along with the interest accrued on the specified date, in accordance with the terms outlined in the Term-sheet and Shelf Information...

Tata Steel Initiates Legal Challenge Over GST Penalty in Tax Dispute Before Appellate Authority Tata Steel Limited is currently contesting a penalty amount related to a Goods and Services Tax (GST) dispute before the Commissioner (Appeals) of CGST & Central Excise, Ranchi. The appeal follows an earlier adjudication order concerning tax liabilities for periods spanning FY2018-19 through FY2022-23, which is simultaneously under judicial review in the High Court of Jharkhand.The dispute originated from a show cause cum demand notice (SCN) dated June 27, 2025, issued by the Office of the Commissioner (Audit), Central Tax, Ranchi. The notice proposed disallowance of Input Tax Credit in contravention of GST laws for the specified period...

Oriana Power Promoters Issue Non-Disposal Undertaking Over 26% Stake Promoters of Oriana Power Limited have collectively created a Non-Disposal Undertaking (NDU) concerning a significant portion of their equity holding in the company, signaling a commitment to long-term stability for stakeholders.The promoters, including Mr. Rupal Gupta, Mr. Parveen Kumar, and Mr. Anirudh Sarswat, executed the NDU across two tranches on June 19, 2026, and June 22, 2026.The undertaking covers 52,82,979 equity shares of Oriana Power Limited, which constitutes 26.00% of the company's paid-up equity share capital. Each promoter holds 17,60,993 equity shares that are covered under this NDU.A Non-Disposal Undertaking differs from a pledge in that it is...

Speciality Restaurants Limited Affirms Stock Price Movement Is Market Driven Speciality Restaurants Limited stated that the significant movements observed in its security's price on the National Stock Exchange of India (NSE) are entirely market driven. The company clarified that it neither controls nor has knowledge regarding the reasons behind these price fluctuations.The food and beverage operator confirmed that, as of the date of the statement, there is no material price-sensitive information or announcement that the company has withheld which could significantly impact the price of its shares.Speciality Restaurants Limited maintained a commitment to transparent and timely disclosures concerning any material information or...

Crisil Assigns Credit Ratings to Primo Chemicals Ltd's Bank Loan Facilities Primo Chemicals Limited has received credit ratings from Crisil Ratings Limited for its long term and short term credit facilities.The rating assignment covers a total bank loan facility of Rs. 180 Crore. The details of the assigned ratings are as follows:Total Bank Loan Facilities RatedValueLong Term RatingCrisil BBB/StableShort Term RatingCrisil A3+The facilities and corresponding ratings were assigned by Crisil Ratings Limited.PRIMO Stock Price Movement Primo Chemicals Limited shares rallied on Thursday, closing at ₹24.11 after surging 3.45% during the trading session. The stock saw robust activity throughout the day, successfully holding...