Markets

Ashnisha Industries Clarifies Position Regarding Unauthorized Information Circulating on Social Media Ashnisha Industries Ltd has issued a clarification regarding reports of unauthorized information concerning the company circulating on various social media platforms, including Telegram. The company stated that it neither possesses knowledge of nor does it support or promote any such activities.The company advised investors and the general public not to rely upon or act on these unofficial messages or recommendations. Ashnisha Industries reaffirmed that official information related to the company is available through three designated channels: disclosures filed with the Stock Exchange, announcements published on its official website...

Brandman Retail Limited Board Approves Remuneration Increases for Directors The Board of Directors of Brandman Retail Limited, which is formerly known as Brandman Retail Private Limited, has approved increases in the remuneration of several key directors following a meeting held on June 26, 2026. The decision was made based on the recommendation of the Nomination and Remuneration Committee.The revised compensation details for the directors include:Director NameDesignationRevised RemunerationMr. Arun MalhotraManaging DirectorBasic Salary of Rs. 2,25,000 per month along with other perquisites and benefits as per Company policy.Ms. Kavya MalhotraWhole-Time DirectorBasic Salary of Rs. 1,87,500 per month along with other...

Purple Finance Ltd Completes Interest Payment on Non-Convertible Debentures Purple Finance Ltd has successfully made a monthly interest payment on its Senior Secured Rated Listed Redeemable Transferable INR Denominated Non-Convertible Debentures. The company confirmed the timely completion of this financial obligation, which relates to debentures with ISIN INE0CYK07020.The interest payment corresponds to an issue size of Rs. 20,00,00,000/- on the specified non-convertible debt instrument. The company disbursed an interest amount totaling 20.38 lakhs. This transaction affirms the regular servicing of the debt structure by Purple Finance Ltd.Key details regarding the interest payment are as follows:MetricDetailsIssue Size...

RACL Geartech Limited Recognized as One of 'Best Organizations to Work 2026' by ET Edge RACL Geartech Limited has received a prestigious recognition from ET Edge, The Times Group, being named one of the 'Best Organizations to Work 2026' across India. The accolade acknowledges the company's dedication to cultivating a positive and productive professional environment for its workforce.The award was conferred upon RACL Geartech Limited as part of a select group comprising 40 organizations nationwide. This recognition highlights the commitment the company demonstrates toward fostering a people-centric work culture, superior employee engagement, leadership development initiatives, workplace excellence, and sustainable organizational...

CPS Shapers Limited Appoints Senior Management Personnel; Sonu Singh Rawat Promoted to Global E-Commerce Head C P S Shapers Limited has announced key leadership changes following its Board meeting held on June 26, 2026. The company appointed three senior management personnel: Mr. Gnanasekar Baskaran as Factory Manager and Industrial Engineer, Mr. Rohit Prasad as National Head of Sales & Marketing, and promoted Mr. Sonu Singh Rawat to Global E-Commerce Head. All appointments and promotions take effect immediately.The Board's decision included filling vacancies in key operational and commercial roles through appointments, while boosting internal talent via a promotion.Operational and Commercial Appointments CPS Shapers Limited...

Rajshree Sugars & Chemicals Limited announces 40th Annual General Meeting for FY2025-26 Rajshree Sugars & Chemicals Limited has announced that its 40th Annual General Meeting (AGM) is scheduled. The meeting will be held via Video Conferencing (VC) / Other Audio Visual Means (OAVM).The company confirmed the date and logistics for all shareholders, including those who had not registered their email addresses with the Company or the Registrar & Share Transfer Agent (RTA).Details regarding the upcoming AGM and the Annual Report for the Financial Year 2025-26 are as follows:EventDateTimeMode40th Annual General Meeting (AGM)Thursday, July 23, 202611 AM (IST)Video Conferencing / OAVMThe complete Annual Report for the Financial...

Star Health and Allied Insurance Schedules Board Meeting to Approve Quarterly Financial Results Star Health and Allied Insurance Company Limited has announced that its Board of Directors meeting is scheduled for Wednesday, July 29, 2026. The primary purpose of this meeting will be to consider and approve the standalone unaudited financial results of the company for the quarter ended June 30, 2026.The board session has been convened to review the financial performance metrics for the recently concluded quarter. Following the approval of these results by the Board, the information will be made available on the official website of Star Health and Allied Insurance Company Limited.STARHEALTH Stock Price Movement On Thursday, shares of...

Sundrop Brands Ltd Ordered to Pay Surcharge on Provident Fund based on Investment Pattern Deviation Sundrop Brands Ltd, formerly known as Agro Tech Foods Limited, has been directed by a regulatory authority to remit a surcharge amount following an order related to the investment pattern of its provident fund. The Company received the Notice-cum-Order for the levy of a surcharge amounting to Rs. 2,93,727/- from the Office of the Regional P.F. Commissioner II in Kukatpally, Hyderabad.The Surcharge was levied against the Agro Tech Foods Provident Fund concerning Financial Year (FY) 2023-24. This action resulted from minor inadvertent deviations identified in the category-wise investments made by the PF Trust during that fiscal year...

Gujarat State Fertilizers' Stake in Subsidiary Changes Following Government Approval Gujarat State Fertilizers & Chemicals Ltd (GSFCL) has announced a significant revision in its shareholding pattern of Gujarat Port & Logistics Company Limited (GPLCL), a subsidiary of the company. The change follows receipt of an approval letter from the Government of Gujarat.The Company received the official approval, dated June 24, 2026, on June 25, 2026. This governmental sanction permits the revision in the shareholding pattern and composition of GPLCL's Board of Directors. Following this structural change, GSFCL’s stake in GPLCL is set to reduce from 60% to 11%.The proposed restructuring impacts the entire ownership structure of Gujarat Port &...

Transrail Lighting Secures New International Orders Worth ₹459 Crore in T&D Sector Transrail Lighting Limited, a leading player in the Transmission & Distribution (T&D) sector, has secured significant new international orders valued at approximately ₹459 crore. These contracts are concentrated in the global T&D business and bolster the company's operational standing as a prominent EPC (Engineering, Procurement, and Construction) firm.The order wins include EPC projects focused on the construction of Transmission Lines within the MENA region. This development strengthens Transrail’s international order book, reinforcing its capabilities in successfully executing large-scale transmission infrastructure projects across global markets...

Enforcement Directorate Conducts Search at Rajesh Exports; No Discrepancies Found Rajesh Exports Ltd., a manufacturer and exporter of gold and diamond jewellery, has confirmed that an Enforcement Directorate search conducted on its premises concluded without finding any discrepancies in inventory or cash holdings.The company reported that officials fully cooperated with the authority during the process, providing all details requested by the Enforcement Directorate.The search was concluded on June 25, 2026. According to the company’s report, there were no discrepancies found regarding the Inventory or Cash. Furthermore, there were no seizures of any valuable items following the search.RAJESHEXPO Stock Price Movement On Thursday...

Speciality Restaurants Ltd Clarifies Stock Price Movement, States No Withholding of Material Information Speciality Restaurants Ltd has stated that the recent movement in its securities is purely market driven and outside the company's control. The clarification addresses queries regarding the stock price volatility of the company's shares on the Bombay Stock Exchange (BSE).The company confirmed that it has not withheld any price sensitive information or announcements that could significantly impact the price of Speciality Restaurants Ltd's security.In response to the surveillance inquiries, the company reiterated its commitment to transparent and timely disclosures regarding all material developments. The company maintains that any...

iSERA Lifesciences Issues Corrigendum to Postal Ballot Notice on Preferential Share Issue; Re-opening E-Voting Scheduled iSERA Lifesciences Ltd., formerly Covidh Technologies Limited, has issued a Corrigendum to its Postal Ballot Notice dated April 21, 2026. The corrigendum pertains to the proposed preferential issue of equity shares for consideration other than cash (Share Swap) and addresses amendments and provides extensive additional disclosures to all members.The document outlines key changes related to the allotment process under Item No. 7 of the Postal Ballot Notice.Key Amendments to Preferential Issue Details One significant amendment corrects a typographical error in the Explanatory Statement regarding the intended...

Rossari Biotech Establishes Blending Facility in Thailand to Target Southeast Asian Market Rossari Biotech Limited has expanded its operational footprint with the establishment of a new blending facility in Thailand. This move is part of the company's strategy to enhance market reach and manufacturing capability across Southeast Asia.The facility was set up by Unistar Thai Co. Limited, which operates under the umbrella of Rossari Global FZCO, a wholly owned subsidiary of Rossari Biotech Limited. The acquisition of 100% equity share capital in Unistar Thai Co. Limited was completed on December 10, 2024.The newly established facility is strategically positioned to function as a regional technical hub. This positioning allows the...

CARE Reaffirms and Enhances Rating for Dalmia Bharat Sugar's Bank Facilities CARE Ratings Limited has reviewed and updated the credit ratings for bank facilities extended to Dalmia Bharat Sugar and Industries Limited, reflecting recent operational and financial performance. The review resulted in the enhancement of the rating for Long Term Bank facilities while Short Term Bank facilities were reaffirmed.According to CARE Ratings Limited, the total Long Term Bank facilities stand at Rs 1,901.89 crore. A significant part of this facility, originally rated at 1,550 crore, has been enhanced and is now rated CARE AA+; Stable. The rating action for these long-term facilities was Assigned.For Short Term Bank facilities, the total amount...

Procter & Gamble Health Limited Recommends Dividend of Rs 45 Per Share; Stipulates TDS Requirements Procter & Gamble Health Limited has announced a recommendation for a final dividend of Rs 45 per equity share for its Financial Year 2025-26. The payment is set to be made subject to the approval of shareholders at the forthcoming Annual General Meeting (AGM).The recommended dividend pertains to shares with a face value of Rs 10 each. As dividends declared and paid after April 1, 2020, are taxable in the hands of shareholders, the company has specified various Tax Deducted at Source (TDS) rates contingent upon the status and documentation provided by the shareholder.The TDS rate structure for resident shareholders is detailed below...

Aman Kumar Ray Resigns as Director of Delta Industrial Resources Ltd Delta Industrial Resources Ltd has announced that Mr. Aman Kumar Ray has resigned from his position as a director of the company. The resignation is effective from the close of business hours on June 25, 2026.Mr. Ray submitted his resignation due to personal reasons.The key details regarding this change in the board composition are provided below:AspectDetailDirector's NameAman Kumar Ray (DIN: 11087722)CompanyDelta Industrial Resources LtdResignation Effective DateClose of business hours on June 25, 2026Reason for ChangePersonal reasonsThe company has taken the resignation into account following this event.Stock Price Movement Delta Industrial...

Sunil Industries Ltd Appoints New Independent Director, Reconstitutes Key Board Committees Sunil Industries Ltd has announced the appointment of Ms. Shruti Satyanarayan Somani as an Additional Non-Executive Independent Director on its board. This change necessitated the reconstitution of several key company committees. The decision was made following a Board meeting held on June 26, 2026.Ms. Somani joins Sunil Industries Ltd for a period of five years, effective from June 26, 2026. She is qualified as a Practicing Company Secretary with over ten years of experience in corporate laws, secretarial practice, and regulatory compliance. Her expertise spans corporate governance, regulatory frameworks (including FEMA and FDI compliances)...

Spice Islands Industries Signs MOU with Erva Food and Beverages for Drink ProductionSpice Islands Industries Ltd. has approved the execution of an Agreement-cum-Memorandum of Understanding (MOU) with Erva Food and Beverages Private Limited. The agreement focuses on commercial arrangements related to the manufacturing, bottling, packaging, supply, and marketing of Packaged Drinking Water, Club Soda, Flavoured Soda, and associated products.The resolution, which was passed by the Board of Directors on June 26, 2026, outlines a broad commercial understanding between the two entities for the production lines. The MOU specifies that the arrangements are based on mutually agreed commercial terms and do not involve the conferral of any...

Bharat Gears Limited Appoints Agency to Conduct Impact Assessment Following Governance Concerns Bharat Gears Limited has initiated an internal review following concerns raised regarding certain practices by its Chairman & Managing Director, Mr. Surinder Paul Kanwar. To ensure corporate governance and transparency, the company’s Audit Committee appointed an external agency to conduct a comprehensive impact assessment of these matters.The concerns were shared after the tenure of the erstwhile Joint Managing Director, Mr. Sameer Kanwar, who concluded his role on May 31, 2026.In adherence to robust corporate governance practices, the Board of Directors' Audit Committee held a meeting on June 15, 2026, during which the decision was made...