Markets

Indus Infra Trust’s Investment Manager Approves Rs 3,563 Crore Loan for Debt Refinancing and Names New Valuer The Board of Directors of GR Highways Investment Manager Private Limited, acting as the Investment Manager for the Indus Infra Trust, approved two key matters during a meeting held on June 26, 2026. These decisions involve securing significant financing for the Trust's assets and appointing a new professional to handle valuation duties.The Trust has been granted approval to avail rupee term loan facilities of up to Rs 3,563 Crore from Union Bank of India. This facility is designated for refinancing existing indebtedness associated with assets that have been acquired or are proposed to be acquired by the Indus Infra Trust.In...

Exicom Tele-Systems Limited Announces Resignation of Head IT and Applications Aman Sharma Exicom Tele-Systems Limited has announced the resignation of Mr. Aman Sharma, who held the position of Head - IT and Applications at the company.Mr. Sharma tendered his resignation from the services of the company due to a new career opportunity. His departure will take effect starting from the close of business hours on June 30, 2026.The company accepted Mr. Sharma's resignation and expressed sincere appreciation for the valuable contributions and services he rendered during his tenure with Exicom Tele-Systems Limited. The management wished him success in his future endeavors.Key details regarding the change in senior management personnel...

Mrs. Suchitra Dhanani Resigns from Director Position at Sayaji Hotels (Pune) LtdSayaji Hotels (Pune) Ltd has announced that Mrs. Suchitra Dhanani, a NonExecutive Non-Independent Director of the company, has resigned from her position. The resignation was effective as of the closure of business hours on June 25, 2026.The company confirmed receipt of Mrs. Dhanani's resignation letter. She held the designation of NonExecutive Non-Independent Director and tendered her resignation due to other occupations.Details regarding the change in directorship are summarized below:ParticularDetailName of DirectorSuchitra Dhanani (DIN: 00712187)Position HeldNonExecutive Non-Independent DirectorCessation DateClosure of business hours...

Impera Worldwide Limited Reports Resignation of Managing Director Ganesh Yadav Impera Worldwide Limited, formerly known as Rishab Special Yarns Limited, announced that Mr. Ganesh Yadav has resigned from his position as Managing Director. The resignation was effective from the close of business hours on June 26, 2026.The departure of Mr. Yadav was attributed to personal reasons.Key details regarding the directorial change are summarized below:DetailInformationCompany NameImpera Worldwide Limited (Formerly Rishab Special Yarns Limited)Director ResigningGanesh YadavDesignationManaging DirectorCessation DateClose of business hours on June 26, 2026Reason for ChangePersonal reasonsThe company confirmed that the...

Antarctica Limited Posts Results for Q1 FY26; Audit Qualified with Disclaimer of Opinion Antarctica Limited has released its financial results and Balance Sheet as of March 31, 2026. The results encompass performance data for the quarter ended March 31, 2026, alongside previously audited figures for the full year ended March 31, 2025.The company's quarterly performance metrics reflect significant revenue streams and total income of 3078.46 lakh in the first quarter. However, the results show a net profit loss for the period amounting to (8.24) lakh. Earnings Per Share (EPS) Basic was recorded at (0.01).Financial Highlights (in Lakhs) The following table summarizes key financial performance indicators across multiple periods...

India Ratings Affirms JK Tyre's Bank Facilities Rating at NDAl+ India Ratings and Research Pvt. Ltd. (Ind-Ra) has affirmed the existing rating for and assigned additional Bank Facilities for JK Tyre & Industries Limited. The company maintained its credit status, reflecting strong operational performance and market standing within the tire industry.The ratings provided by Ind-Ra cover both existing and additional bank facilities related to the company's operations. For the Bank Loan Facilities, a rating of NDAl+ has been assigned/affirmed, alongside associated services for Fixed Deposits.Operational Strengths Drive Rating Ind-Ra noted that the rating reflects JK Tyre & Industries Ltd.'s significant market position across various tire...

Kisan Mouldings, Apollo Pipes in Amalgamation Scheme; KTPL Merging into KML The Board of Directors of Kisan Mouldings Limited (KML) approved a multi-stage Scheme of Arrangement for amalgamation involving Kisan Mouldings Ltd, KML Tradelinks Private Limited (KTPL), and Apollo Pipes Limited (APL). The decision was made at the company's meeting held on June 26, 2026.The Scheme outlines a two-step process aimed at integrating the businesses of all three entities to enhance operational efficiency and scale.In the first step, KTPL, identified as the wholly owned subsidiary, will be amalgamated into KML (the holding company), leading to the cancellation of all equity shares of KTPL held by KML. The second step involves the amalgamation of...

Brandman Retail Limited Reconstitutes Internal Complaints Committee Board Brandman Retail Limited, formerly known as Brandman Retail Private Limited, has confirmed the reconstitution of its Internal Complaints Committee (ICC). The decision was formalized by the company’s Board of Directors during a meeting held on June 26, 2026.The reconstitution ensures continued adherence to statutory provisions relating to workplace complaints. The ICC structure aligns with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and its associated rules.The Board meeting commenced at 5:00 PM IST and concluded at 5:30 PM IST on June 26, 2026, to approve the changes to the committee composition.The newly...

Nuvoco Vistas Corp. Schedules Board Meeting to Approve Q1 Financial ResultsNuvoco Vistas Corporation Ltd has scheduled a meeting of its Board of Directors to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The Board meeting is set to take place on Monday, July 13, 2026.The company intends to review and sanction the financial results, which include limited review reports, during the scheduled session.In advance of the financial results announcement, Nuvoco Vistas Corporation has specified the trading window for its Designated Persons. The period for dealing in the securities of the Company by these persons is closed starting from July 01, 2026. This restricted...

Apollo Hospitals Enterprise Limited Shareholders Approve Composite Scheme of Arrangement After Voting Meetings The voting meetings concerning the composite scheme of arrangement involving Apollo Hospitals Enterprise Limited were concluded, with the resolutions being passed by all stakeholders—shareholders, secured creditors, and unsecured creditors. The unanimous approval signals movement toward implementing the complex corporate restructuring that includes demerger and amalgamation processes among associated entities.The meetings took place on June 24, 2026, encompassing the voting rights of equity shareholders, secured creditors, and unsecured creditors, as mandated under the terms of the scheme.Shareholder Voting Results...

Star Health Announces Retirement of Independent Directors, Appointment of Additional Director Star Health and Allied Insurance Company Limited reported significant changes following its Board meeting held on June 26, 2026. The Board approved key operational updates concerning director retirements, the transmission of shares belonging to the late Mr. Rakesh Jhunjhunwala, and the appointment of a new additional director.The company confirmed that two Independent Directors will be retiring upon completion of their term. Mr. Rajeev Krishnamuralilal Agarwal and Ms. Rajni Sekhri Sibal will retire from the close of business hours on July 15, 2026, having served five consecutive years in the role. The Board noted its appreciation for both...

Bajaj Healthcare Becomes First in India to Secure SEC Recommendation for Cenobamate Tablets Bajaj Healthcare Limited has achieved a significant regulatory milestone, becoming the first company in India to secure a recommendation from the Subject Expert Committee (SEC) of the Central Drugs Standard Control Organisation (CDSCO) for its Cenobamate Tablets. The SEC recommended the grant of approval for manufacturing and marketing the tablets in multiple strengths.The recommended product range includes Cenobamate Tablets in strengths of 12.5 mg, 25 mg, 50 mg, 100 mg, 150 mg, and 200 mg.Cenobamate is described as a next-generation anti-seizure medication designed for the treatment of partial-onset seizures in adults. The drug offers an...

Mangalam Worldwide Limited Announces 30th AGM, Final Dividend Record Date, and Share Sub-division Details Mangalam Worldwide Limited has announced key details regarding its upcoming 30th Annual General Meeting (AGM), including the record date for a final dividend payout and updates on the approved share sub-division.The Company's 30th Annual General Meeting is scheduled to be held on Thursday, July 30, 2026, at 2:00 P.M. (IST). The meeting will be conducted via Video Conferencing (VC) or other Audio-Visual Means (OAVM).Dividend and Record Date Details The Company has set the record date for determining shareholder eligibility for a Final Dividend of Rs. 0.30/- (Thirty paise) per Equity share. This dividend pertains to the financial...

Ashiana Ispat Ltd to Hold Board Meeting on June 30th, Agenda Includes Financial Statement Approval Ashiana Ispat Ltd has scheduled a Board meeting to review and approve key financial documents for the company. The meeting is set for Tuesday, June 30, 2026, at 05:00 P.M. at the company's corporate office in New Delhi.The meeting will be held at C-103, First Floor, Tower-C, Ansal Plaza, Khelgaon, HUDCO Place, New Delhi-1 110049.The primary focus of the Board is to consider and approve the audited financial statements of Ashiana Ispat Ltd for the quarter and financial year that concluded on March 31, 2026. The agenda also includes any other business with the permission of the chairman, as well as incidental and ancillary matters...

ABS Marine Services Receives CRISIL Rating Upgrade; Long-Term Rating Elevated to A-/Stable Mumbai 26 June 2026 — ABS Marine Services Limited, a leader in maritime services, has announced that CRISIL Ratings has upgraded its company's bank facility ratings. The upgrade reflects the company’s sustained business growth, robust revenue performance, and healthy financial profile across its operations.CRISIL has enhanced the total bank loan facilities for ABS Marine Services from ₹ 370.50 crore to ₹ 505.50 crore.The revised credit ratings are as follows:Rating TypePrevious CRISIL RatingUpgraded CRISIL RatingLong-Term Bank FacilitiesBBB+/StableA-/StableShort-Term Bank FacilitiesA2A2+The upgrade comes amid the company’s...

Cosmo Ferrites Ltd Reports Change in Senior Management as Plant Operations Manager Resigns Cosmo Ferrites Ltd has announced a change in its senior management, following the resignation of Mr. Sanjeev Kumar, who served as the Plant Operations Manager of the company.The company confirmed that it has accepted the resignation of Mr. Sanjeev Kumar for personal reasons. His departure from duties was effective as of the close of business hours on June 26, 2026.This transition involves the change in senior management personnel at Cosmo Ferrites Ltd. The details regarding this operational shift are summarized below:AttributeDetailsDesignationPlant Operations Manager (Senior Management Personnel)Reason for ChangeResignation due to...

Zenlabs Ethica Ltd Chief Financial Officer Resigns Due to Health Issues Zenlabs Ethica Limited has announced the resignation of its Chief Financial Officer, Mr. Adarsh Sharma, effective June 26, 2026. The decision follows his ongoing health issues, which prompted him to step down from his role as CFO and Key Managerial Personnel.The company's Board of Directors expressed appreciation for the valuable services rendered by Mr. Sharma during his tenure at Zenlabs Ethica Ltd. He stated that he is grateful for the opportunity to have served in the capacity of Chief Financial Officer, describing his time in the role as both rewarding and enriching.Mr. Sharma cited health concerns as the reason for his resignation, stating that due to...

Inspirisys Solutions Ltd Certified as Great Place to Work for Second Consecutive YearInspirisys Solutions Limited has been recognized by Great Place to Work, India, and certified as a Great Place to Work for the period spanning June 2026 to June 2027. This certification is particularly notable as it marks the second consecutive year that the company has received this distinction.The recognition falls under the Large Organizations category and reflects Inspirisys Solutions Limited's continuous effort toward maintaining a positive workplace culture. The achievement was based on an independent and anonymous assessment of the company’s workplace environment, which included feedback collected from employees through the Trust Index...

Aion-Tech Solutions Ltd Appoints CKS Associates LLP as Internal Auditor for FY 2026-27 Aion-Tech Solutions Ltd has approved the appointment of M/s. CKS Associates LLP, Chartered Accountants, to serve as the company's Internal Auditor for the financial year 2026-27. The decision was made by the Board of Directors during a meeting held on June 26, 2026.The appointment terms stipulate that M/s. CKS Associates LLP will be responsible for internal audit functions for the Fiscal Year 2026-27. This move reinforces corporate governance standards within Aion-Tech Solutions Ltd.M/s. CKS Associates LLP possesses a strong background in Assurance, Advisory, and Taxation services. The firm has established itself by catering to the dynamic needs...

DSM Fresh Foods Board Approves Loans, Guarantees Up to Rs 100 Crores, Sets Dates for EGM DSM Fresh Foods Ltd (formerly known as DSM Fresh Foods Private Limited) announced key decisions made by its Board of Directors at the meeting held on June 26, 2026. The board approved several significant measures including granting powers related to loans and guarantees, setting up an Extra-Ordinary General Meeting (EGM), and approving certain related party transactions.The primary financial approval concerns obtaining a Special Resolution from members. The Board consented to the proposal for securing grants, guarantees, and or securities amounting to an aggregate limit of Rs 100 Crores.In conjunction with these approvals, the board authorized...