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Kanpur Plastipack Ltd's Credit Ratings Reaffirmed by CRISIL; Bank Debt Limit Enhanced to Rs 305 Crore CRISIL Ratings Limited has reaffirmed its credit ratings for Kanpur Plastipack Ltd (KPL), noting that the company maintains a comfortable financial risk profile and benefits from the extensive experience of its promoters in the packaging sector. The rated amount for bank debt facilities has been enhanced, with the Long Term Rating being affirmed at Crisil BBB+/Stable and the Short Term Rating maintained at Crisil A2.The enhancement signifies an increase in the total Bank Loan Facilities Rated to Rs 305 Crore, up from the previous figure of Rs 225 Crore.Facility DetailCurrent RatingReaffirmed StatusLong Term Rating (LTR)Crisil...

Vivaa Tradecom Board Approves Rights Issue of Equity Shares Up To Rs 15 Crores Vivaa Tradecom Ltd has approved a plan for issuing equity shares through a Rights Issue, which will be extended to the eligible shareholders of the company. The decision was reached during the meeting of the Board of Directors held on June 26, 2026.The board authorized the issuance of the equity shares up to a total amount of Rs 15 Crores (Rupees Fifteen Crores Only).Details regarding the proposed issue are as follows:ParticularsDetailsType of securities proposedEquity Shares of the company with a face value of Rs. 10 Each.Type of issuanceRight Issue to the existing shareholders of the Company as on record date.Total amount for issueUp to Rs...

Ducol Organics Allots 17,64,697 Equity Shares at Rs 170 Per Share in Preferential AllotmentDucol Organics And Colours Limited has completed a significant equity allotment totaling 17,64,697 shares. The allotment was made on a preferential basis through a share swap mechanism, with each equity share having a face value of Rupees Ten only. The issue price for the new shares was set at Rs 170 per Equity Share.The equity shares were allotted to two public allottees. The details of the allotting are provided below:Sr. No.Name of the AllotteeCategoryNo. of Equity Shares Allotted1Ritesh Vinodbhai MehtaPublic15,53,6092Vikesh Navinchandra MehtaPublic2,11,088Total 17,64,697Following the allotment of these shares, Ducol...

Sharat Industries Ltd Receives CARE Ratings Assignment for Bank Facilities Sharat Industries Ltd has been assigned credit ratings by CARE Ratings Limited regarding its bank facilities. The ratings were issued on June 24, 2026, covering long term, short term, and combined fund based limits amounting to ₹149.95 crore.CARE Ratings Limited categorized the company's financing across three main facility types: Long Term Bank Facilities, Short Term Bank Facilities, and Long Term / Short Term Bank Facilities.The key ratings assigned are detailed in the table below:Facility TypeAmount (₹ Crore)RatingActionLong Term Bank Facilities27.95CARE BBB+; StableAssignedLong Term / Short Term Bank Facilities112.00CARE BBB+; Stable / CARE...

Star Housing Finance Announces Cessation of Executive Director & CEO Kalpesh Dave's Tenure Star Housing Finance Ltd has announced the cessation of tenure and employment for Mr. Kalpesh Dave, the Executive Director and CEO, effective June 26, 2026. The change in key managerial personnel is attributed to the completion of his stipulated tenure, as per the terms of appointment.The company confirmed that Mr. Kalpesh Dave will cease to be part of several organizational committees, including the Risk Management Committee, the Stakeholder Relationship Committee, and the Corporate Social Responsibility Committee.Details regarding the change in managerial personnel are provided below:ParticularsDescriptionReason for changeMr. Kalpesh...

Sammaan Capital Limited Confirms Timely Interest Payments on Secured Redeemable Debentures Sammaan Capital Limited has confirmed that it has made timely payments regarding interest due on its Secured Redeemable Non-Convertible Debentures (NRCDs) issued through public issue and listed on the stock exchanges. The company confirmed that the entire interest amount for these debentures was paid as scheduled.The payment details cover four distinct tranches of NRCDs, with all payments being made monthly according to their respective schedules.A detailed overview of the debenture issues, including size, required interest payment, and fulfillment dates, is provided below:ISINIssue Size (in INR lacs)Interest Amount Due (in INR...

Rox Hi-Tech Limited Inaugurates New Office in ELCOT SEZ, Trichy Marking Strategic Growth Push Chennai, India – ROX Hi-Tech Limited inaugurated its new office at 1st Floor, ELCOT SEZ, Trichy - 620026 on Friday, June 26, 2026. This event marked a significant milestone in the company's journey toward growth, underscoring its commitment to innovative technology solutions and operational excellence.The inauguration ceremony was attended by the Company’s leadership, employees, business associates, clients, and distinguished guests, celebrating a new phase of strategic expansion and regional strengthening for the organization.Strengthening Operational Capabilities The opening of the new facility in the ELCOT Special Economic Zone (SEZ)...

Wipro Completes Major Equity Buyback: Shareholding Pattern Updated Post-Transaction Wipro Limited has finalized its equity buyback, which involved the repurchase of shares from beneficial owners as of the record date of June 5, 2026. The transaction saw significant participation across different shareholder categories, resulting in updates to the company's capital structure.The total amount utilized in the Buyback process was ₹50,00,00,000 (Fifty Crore Rupees Only). This buyback included a designated portion for small shareholders and general equity shareholders, ultimately repurchasing 8,24,13,12,377 equity shares out of a reserved total of 60,00,00,000.Buyback Details and Response The Tendering Period for the buyback ran from June...

Powerica Limited Incorporates Windfusion Renewable Private Limited as Wholly Owned Subsidiary Powerica Limited has established a new subsidiary in the renewable energy sector, incorporating Windfusion Renewable Private Limited (WRPL) on June 26, 2026. The move expands the holding company's focus into green power generation projects through this newly incorporated entity.The incorporation of WRPL is designed to support Powerica’s strategic interests within the clean energy industry. WRPL is dedicated to setting up, developing, and constructing renewable power projects. Its scope covers wind power projects, solar power projects, Wind-Solar Hybrid Projects, or any other allied activities relating to the setup of wind parks or related...

Sammaan Capital Pays Interest on Secured Debentures Sammaan Capital Ltd confirmed the timely payment of interest amounts related to its Secured Redeemable Non-Convertible Debentures (SR NCDs) issued through a public offering and listed on stock exchanges. The company provided details regarding the settlement of these obligations.The firm's payments covered two distinct debenture series, both characterized by monthly interest frequency. Sammaan Capital successfully paid the entire due interest amount for both issues as scheduled.Financial details pertaining to the interest payment are presented below:ISINIssue Size (in INR lacs)Interest Amount Due (in INR lacs)FrequencyActual Payment DateLast Interest Payment Date...

Ajit Kolhe Steps Down as Head of Information Technology at Carborundum Universal LimitedCarborundum Universal Limited has announced that Ajit Kolhe will be stepping down from his position as Head-Information Technology, effective as of 26th June 2026. Mr. Kolhe was a member of the Senior Management team within the company.The departure is attributed to professional growth opportunities, with the company stating that he is leaving to pursue career prospects outside Carborundum Universal Limited.CARBORUNIV Stock Price Movement Carborundum Universal Limited shares slipped by 2.06% on Thursday, settling at ₹1,143.3 amid sectorwide softness. The equity recorded a traded volume of 163,682 shares during the day's session.

Subsidiary Secures 5-Year Extension for Power Plant Operation and Maintenance Contract worth Rs 406.43 Crores STEAG Energy Services (India) Private Limited, a wholly-owned step-down subsidiary of Bluspring Enterprises Limited, has secured an extension of the contract for Operations and Maintenance (O&M) of a Thermal Power Plant. The contract is with Vedanta Power Limited (VPL), and the original award was made by Vedanta Limited.The extension covers the Comprehensive Operations and Maintenance of the 600 MW Thermal Power Plant at VPL. The estimated aggregate contract value, including additional services, has been assessed at Rs 406.43 Crores plus applicable taxes.The contract is domestic in nature and is set to remain in force for a...

DCW Limited Appoints Mr. Adhiraj Anil Harish as Additional Non-Executive Independent Director DCW Limited has appointed Mr. Adhiraj Anil Harish as an Additional Non-Executive Independent Director on its Board of Directors. The appointment was approved by the Board of Directors through a Circular Resolution passed on June 26, 2026.Mr. Harish will serve for a first term of five consecutive years, with his tenure effective from June 28, 2026, until June 27, 2031. He is not liable to retire by rotation and is subject to the approval of the company's members.Professional Profile and Experience Mr. Adhiraj Anil Harish brings extensive experience in legal practice and various sectors. He holds degrees including BMS (Bachelor of Management...

Aeroflex Enterprises Approves Re-appointment of Director, Designates Key Personnel as Senior Management Aeroflex Enterprises Limited announced that its Board of Directors approved the re-appointment of Mrs. Uma Mandavgane and designated two employees, Mr. Taikhum Bandookwala and Ms. Bronika Doshi, as Senior Management Personnel (SMP) effective June 26, 2026.The company's Board meeting held on June 26, 2026, approved the re-appointment of Mrs. Uma Mandavgane as a Non-Executive Independent Director for a second term. This appointment is subject to the approval of shareholders at the ensuing Annual General Meeting. The renewed tenure spans five consecutive years, running from May 31, 2027, to May 30, 2032.Mrs. Uma Mandavgane, who has...

Texmaco Rail Secures Rs 5.49 Crore Order from Northern RailwayTexmaco Rail & Engineering Ltd has received a Letter of Acceptance from the Northern Railway for providing monkey anti-climbing devices over Moradabad Division. The contract value stands at Rs 5.49 crores, including taxes.The order was awarded by the domestic entity, Northern Railway. The scope of work involves the Provision of monkey anti-climbing devices specifically for the Moradabad Division.Key details regarding the contract include:ParticularsDetailsAwarding EntityNorthern RailwayContract ScopeProvision of monkey anti-climbing devices over Moradabad DivisionOrder ValueRs 5.49 crores (including taxes)Execution TimelineWithin 9 months from the date...

Consolidated Construction Consortium Clarifies Share Price Movement Amid Trading Volume Inquiries Consolidated Construction Consortium Limited addressed inquiries from stock exchanges regarding the recent movement and volume of its shares, confirming that all material operational information has been disclosed to regulatory bodies.The company issued clarification in response to queries raised by the BSE and NSE concerning the significant increase in the trading volume and subsequent price behavior of Consolidated Construction Consortium Limited's shares.Consolidated Construction Consortium stated that it has provided disclosure of all material information affecting the operations and performance of the Company, including necessary...

Tembo Global Industries Reports Q1 Results for FY26, Highlights Expansion and Project Milestone Recognition Tembo Global Industries Limited, formerly known as Saketh Exim Limited, has announced its audited consolidated financial results for the quarter ending March 31, 2026. The company reported specific operational updates relating to its manufacturing expansion and project-based revenue recognition in the quarter.The Board of Directors approved the Consolidated and Standalone Audited Financial results for both the quarter and the year ended March 31, 2026.Key Financial Performance Overview (Consolidated) Based on the audited consolidated financial statements, the company reported key metrics from its operations. The financial...

Ascent Circuits and Sidwal Refrigeration Cease as Material Subsidiaries of Amber Enterprises IndiaAmber Enterprises India Limited has determined that two of its associated companies, Ascent Circuits Private Limited and Sidwal Refrigeration Industries Private Limited, are no longer classified as Material Subsidiaries, effective from the financial year 2026-27.The determination covers Ascent Circuits Private Limited ("Ascent") and Sidwal Refrigeration Industries Private Limited ("Sidwal"). Amber noted that these changes are based on the audited financial statements of the company, Ascent, and Sidwal for the financial year 2025-26.Amber Enterprises India Limited confirmed that both subsidiaries—which were previously classified as...

Sobha Ltd Announces Record Date and AGM Details for FY25-26 DividendSobha Ltd has announced key dates related to its financial performance, setting a record date for dividend entitlement and specifying the schedule for its forthcoming Annual General Meeting.The Company confirmed that its Thirty-first Annual General Meeting (AGM) is scheduled to take place on Saturday, July 18, 2026, at 09:00 A.M. (IST). The meeting will be conducted through Video Conferencing (VC) or other Audio-Visual Means (OAVM).In relation to the financial year 2025-26, Sobha Ltd has fixed Friday, July 10, 2026, as the Record Date. This date determines the entitlement of members for the dividend, which is set at ₹ 6 per equity share (representing 60%) on fully...

Mahindra Logistics Schedules Board Meeting for Q1 Financial Results, Sets Trading Window Closure Mahindra Logistics Limited has scheduled a meeting of its Board of Directors to approve the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The board meeting is slated for Monday, July 20, 2026.The company confirmed that the financial results considered by the directors will be subject to a limited review by the Statutory Auditor.In connection with the consideration of these quarterly results, Mahindra Logistics announced specific operating constraints regarding the trading period. In line with its Code of Conduct for Prevention of Insider Trading in Securities, the Company’s Trading...