Markets

RNFI Services Limited Receives In-Principle Approval from NSE for Equity Share Listing RNFI Services Limited has secured in-principle approval from the National Stock Exchange of India (NSE) for the listing of a significant portion of its equity shares. The approval concerns 296,292 Equity Shares with a face value of Rs. 10/- each.The listing pertains to the conversion of warrants that were allotted on a preferential basis to non-promoter category persons. These converted shares are identifiable by the distinctive numbers ranging from 25060652 to 25356943.RNFI Services Limited informed stakeholders regarding this development, confirming that it had received the required approval from the NSE on June 25, 2026. The in-principle grant...

Company Secretary and Compliance Officer Resigns from JK Paper Limited for Personal Reasons JK Paper Limited has announced the resignation of Shri Pradeep Joshi from his roles as Company Secretary, Compliance Officer, and Nodal Officer. The change is effective from the close of business hours on June 26, 2026.Shri Joshi resigned from the company due to personal reasons.The company confirmed that the resignation was based solely on these personal grounds, stating that there are no material disputes or other underlying reasons concerning the management or operations of JK Paper Limited prompting his departure.JKPAPER Stock Price Movement On Thursday, JK Paper Limited shares slipped by 0.16% to settle at ₹341.90, following the...

Zenith Drugs Limited Board Approves Preferential Allotment of Warrants to Promoter Investors Zenith Drugs Limited announced that its Board of Directors, in a meeting held on June 26, 2026, approved several key business matters, including the fundraising through the issuance of warrants and the convening of an Extra-Ordinary General Meeting (EGM).The Board decisions focused primarily on raising funds by issuing up to 16,09,050 warrants to specific Promoter Investors on a preferential basis. Each warrant is convertible into one Equity Share of the Face Value of Rs. 10/- (Rupees Ten Only). The issue price for these warrants was set at Rs. 43.50/- per warrant, which includes a premium of Rs. 33.50/-.The issuance of the up to 16,09,050...

ICICI Lombard General Insurance Announces Board Meeting to Approve Q1 2026 Financial Results ICICI Lombard General Insurance Company Ltd has scheduled its Board of Directors to review and approve the Audited Financial Results and Audited Financial Statements for the quarter ending on June 30, 2026. The meeting is set to take place in Mumbai on Wednesday, July 15, 2026.In addition to the board meeting notice, the company has instituted trading restrictions concerning its securities. To ensure market integrity surrounding the declaration of the Audited Financial Results and Audited Financial Statements for the quarter ending June 30, 2026, the trading window will remain closed for all Designated Persons and their immediate relatives...

Gujarat Themis Biosyn Initiates Arbitration Against Optimus Drugs Over Alleged Supply Agreement Breach Gujarat Themis Biosyn Limited has initiated an arbitration proceeding against Optimus Drugs Private Limited following the termination of a supply agreement that the company claims violated agreed terms.The dispute, which is currently before a Learned Sole Arbitrator, centers on allegations that Optimus Drugs terminated the agreement contrary to its provisions. Gujarat Themis Biosyn Limited (GTBL) has filed the arbitration proceeding claiming multiple forms of compensation and damages from the respondent company.Key aspects of the litigation include claims for break fees, interest on delayed payments, and general financial losses...

Crompton Greaves Consumer Electricals Recommends Final Dividend of Rs. 3 Per Share for FY 2025-26 Crompton Greaves Consumer Electricals Limited has announced a recommended final dividend of Rs. 3/- per Equity Share, bringing significant financial updates to its shareholders for the financial year (FY) 2025-26. The Board of Directors recommended this payout at their meeting held on May 13, 2026.The recommended dividend is based on an equity share face value of Rs. 2/- each and remains subject to approval by shareholders at the forthcoming Annual General Meeting (AGM).Dividend Timeline and Payment Details The company set the Record Date for determining shareholder eligibility for the payment of the final dividend as Friday, July 24...

Mangalam Global Enterprise Limited Changes Director Designation and Schedules 16th Annual General Meeting Mangalam Global Enterprise Limited (MGEL) announced key decisions made by its Board of Directors at a meeting held on Friday, June 26, 2026. The outcomes included a change in the designation of Mr. Chandragupt Prakash Mangal, along with details regarding the upcoming 16th Annual General Meeting (AGM), dividend eligibility, and a resolution for loan conversion.Change in Director Designation The Board considered and approved the alteration of Mr. Chandragupt Prakash Mangal’s designation from Managing Director to Director (Non-Executive Non-Independent Director). The change is effective from the close of business hours on June 26...

Entero Healthcare Solutions Board Approves Employee Stock Option Allotment and Reappoints Key Independent Directors Entero Healthcare Solutions Limited, during a recent board meeting, approved the allotment of equity shares to an eligible employee under its stock option plan. Furthermore, the Board ratified the revised tenure for two key Independent Directors as part of succession planning initiatives.The company's board made several critical approvals related to corporate structure and governance, encompassing both compensation mechanisms for employees and the continuity of independent directorial oversight.Employee Stock Option Plan Implementation The Board approved the allotment of 1,475 Equity Shares of the Company to an...

Mahesh Vennelkanti to Cease as Independent Director of DCW Limited After Completing Two Consecutive Terms DCW Limited announced that Mr. Mahesh Vennelkanti will cease his role as an Independent Director, following the completion of his second consecutive term at the company.The director's tenure is set to conclude with effect from the close of business hours on June 27, 2026. This transition marks the culmination of the two-term period specified in his service as an Independent Director.DCW Limited conveyed its sincere appreciation and gratitude for the invaluable contributions, guidance, and services provided by Mr. Mahesh Vennelkanti throughout his tenure with the company.The details regarding Mr. Mahesh Vennelkanti's cessation...

Amber Enterprises and Subsidiary to Hold Groundbreaking Ceremony for Greenfield Manufacturing Facility Amber Enterprises India Limited announced that a Groundbreaking Ceremony has been scheduled for the proposed greenfield manufacturing facilities of the company and Ascent-K Circuit Private Limited. The ceremony is set to take place on June 27, 2026.Ascent-K Circuit Private Limited operates as a step-down subsidiary of Amber Enterprises India Limited. The initiative involves developing new manufacturing capabilities for both entities.The facilities are planned for the plot(s) allotted by the Yamuna Expressway Industrial Development Authority (YEIDA). The location is situated in the vicinity of the Noida International Airport, known...

Aeroflex Enterprises Allots 79,200 Equity Shares Under Employee Stock Option Plan Aeroflex Enterprises Limited announced the approval of the allotment of 79,200 equity shares under the 'SAT Industries Limited Employee Stock Option Plan 2024' (ESOP Scheme). This decision was made by the company's Board of Directors following a meeting held on June 26, 2026, and was based on the recommendation of the Nomination Remuneration and Compensation Committee.The allotment pertains to eligible employees who exercised stock options granted under the ESOP Scheme. The Equity Shares are confirmed to rank pari-passu with the existing equity shares of Aeroflex Enterprises Limited in all respects.Capital Structure Update The allotment results in a...

Pushpa Jewellers Appoints Mohit Dujari as Independent Director, Revises Management Remuneration Pushpa Jewellers Limited has approved significant changes following its Board of Directors meeting held on June 26, 2026. Key outcomes included the appointment of a new Independent Director and the revision of remuneration for senior management personnel.The Board meeting considered and approved the recommendations from the Nomination and Remuneration Committee regarding director compensation and the required appointment of an Independent Director.Appointment Details and Appointments Mr. Mohit Dujari (DIN: 09118650) was appointed as Additional Director, categorized as an Independent Director. His appointment is effective from June 26...

CPS Shapers Limited Finalizes Preferential Issue and Announces Key Management Appointments CPS Shapers Limited announced significant outcomes from its Board of Directors meeting held on June 26, 2026. The approvals included a preferential allotment of equity shares and key appointments and promotions within its senior management team.The company approved the preferential issue of Equity Shares totaling 31,275 to both promoter group members and non-promoters. These shares were issued at an issue price of Rs. 1088 per equity share, against a face value of Rs. 10 each. The transaction aggregated to Rs. 3,40,27,200.Management Changes Approved The Board Meeting also approved several appointments and promotions relating to senior...

JSW Infrastructure Announces Allotment Details of Equity Shares Following Offer JSW Infrastructure Limited has confirmed the allotment of equity shares following its offering to Qualified Institutional Buyers. The company announced these details after the Finance Committee meeting on June 26, 2026, concerning the completion of the offer period which ran from June 22, 2026, to June 25, 2026.The committee approved the issue and allotment of a total of 23,00,00,000 Equity Shares in relation to the Offer. This total comprises shares issued through the Fresh Issue as well as those transferred via an Offer for Sale by the Promoter Selling Shareholder.The securities were allotted at an Offer Price of ₹ 285 per Equity Share, which included...

Associated Alcohols & Breweries Launches KULTUR Hard Seltzer in Madhya Pradesh Associated Alcohols & Breweries Limited (AABL), a key entity of the Associated Kedia Group, has entered India's burgeoning hard seltzer and ready-to-drink (RTD) segment with the launch of KULTUR Hard Seltzer in Madhya Pradesh. The product debut took place on June 26, 2026.KULTUR is positioned as a contemporary beverage targeting Gen Z and millennial consumers. This entry aligns with AABL’s premiumisation strategy amid rising demand for lighter and more flavourful alcoholic drinks in the market. Industry projections suggest that India's hard seltzer market is expected to grow at over 10% CAGR, while the broader RTD segment is anticipated to expand by nearly...

Hindustan Aeronautics Limited Announces Management Change in Senior Leadership Hindustan Aeronautics Limited has reported a change within its senior management team. The company confirmed that Shri Shantanu Chakraborty is stepping down from his role as General Manager (Finance).The transition occurred effective June 30, 2026. The reason for the managerial change was superannuation.This update provides details regarding the change in leadership structure at the company.NameDesignationDate of ChangeReason of ChangeShri Shantanu ChakrabortyGM (Finance)30.06.2026SuperannuationHAL Stock Price Movement On Thursday, shares of Hindustan Aeronautics Limited shed 0.11%, settling at ₹4368.7 as trading concluded for the day. The...

Sun Pharma Advanced Research Company Announces Senior Management Changes as Key Leaders Retire and New Head is Appointed Sun Pharma Advanced Research Company Ltd has announced transitions in its senior management team, including two retirements and a new appointment for the role of Functional Head - Human Resources & Administration.Ms. Shanta Gupta, who served as a member of the Senior Management Team and held the position of Functional Head - Human Resources & Administration, will be retiring from the company with effect from June 30, 2026. Similarly, Dr. Nitin Dharmadhikari, Chief Operating Officer (COO) and a senior management team member, is also set to retire from the services of the Company effective June 30, 2026.The company...

Arman Financial Services Pays Quarterly Interest on Debentures: Details Released Arman Financial Services Ltd has made interest payments to debenture holders, as part of its regular financial obligations related to these instruments. The payment pertains to a quarterly distribution concerning a specific issue size of the company's debentures.The transaction details confirm that the interest payment was successfully executed on the due date, maintaining the scheduled frequency for this aspect of the company’s debt instruments.Key details regarding the interest payment made to debenture holders are summarized below:ParticularDetailIssue Size₹ 125,00,00,000/-Interest Amount Paid₹ 3,43,42,500/-FrequencyQuarterly...

Solara Active Pharma Sciences Initiates Transfer of Shares to IEPF for Unclaimed Dividend from FY 2018-19 Solara Active Pharma Sciences Limited has initiated procedures regarding shares pertaining to shareholders whose dividend payments from Financial Year 2018-19 remain unclaimed and unpaid. As per the rules governing such instances, these shares are liable for transfer to the Investor Education and Protection Fund (IEPF) Authority.The company announced that any equity shares related to dividends for FY 2018-19 that have not been claimed by shareholders for a consecutive period of seven years or more must be transferred to the IEPF Authority.Shareholders who are in possession of these relevant shares are given until September 10...

Regency Fincorp Allots Equity Shares Following Warrant Conversion; Total Paid-up Capital Reaches Rs 88 Crore Regency Fincorp Limited, formerly known as Regency Investments Limited, has reported a significant allotment of equity shares following the conversion of warrants. The company’s Allotment Committee meeting approved the issuance of new equity shares to non-promoters and the public who exercised their rights under the warrant agreements.The committee confirmed the allocation of 28,12,120 equity shares upon the conversion of warrants issued to the Non-Promoter/Public category. These shares were allotted at an issue price of Rs 22 per share, which includes a premium of Rs 12 per share. The allotment was executed after receiving a...