Markets

Velox Shipping Acquires 57% Stake in Seaman Logistics for Strategic Market Expansion Velox Shipping and Logistics Ltd, formerly known as Velox Industries Limited, has entered a strategic investment by acquiring a majority stake in Seaman Logistics Solutions Private Limited. The acquisition is intended to expand the company's operational capacity and strengthen its overall market position within the logistics sector.The transaction involves a cash consideration amounting to INR 11 Crore for the purchase of a 57% equity stake in Seaman Logistics Solutions Private Limited. This initial phase of the investment positions Velox Shipping and Logistics Ltd as a major participant in the company's growth trajectory.Seaman Logistics Solutions...

Smartworks Coworking Spaces Ltd Appoints Deshmukh and Agarwal as Directors The Board of Directors of Smartworks Coworking Spaces Ltd has approved the appointments of two new directors, Mr. Dilip Deshmukh and Mr. Rajeev Krishnamuralilal Agarwal, effective following the company's meeting on June 25, 2026.Based on recommendations from the Nomination and Remuneration Committee, the board determined that these individuals would serve in key oversight capacities within the organization. The appointments are noted as part of the strengthening governance structure at the company.Mr. Dilip Deshmukh was recommended to the members for appointment as a Non-Executive and Independent Director. Mr. Rajeev Krishnamuralilal Agarwal was appointed as...

Digikore Studios Completes Preferential Allotment of Equity Shares to Promoter Digikore Studios Limited has announced the completion of a preferential allotment of equity shares. The company granted 14,15,701 fully paid up equity shares at an issue price of Rs 77.70 per share, which includes a premium of Rs 67.70.The Board of Directors approved the allotment on June 25, 2026. The securities were allotted by way of preferential issue to an identified promoter.The transaction involved the issuance of Equity Shares with a face value of Rs 10 each. The total consideration aggregating up to Rs 11,00,00,000 was secured through the conversion of outstanding loans into equity.Mr. Abhishek Rameshkumar More, a Promoter, is the recipient of...

Photon Capital Advisors Announces Board Reshuffle and Auditor Change Following Director Appointments Photon Capital Advisors Ltd has announced significant changes in its board composition and audit structure following a recent meeting of the Board of Directors. The company approved several key director appointments, confirmed multiple resignations from existing members, reconstituted core board committees, and completed a transition in its statutory auditors.The Board's decisions regarding management appointments and committee structures include:New Key Appointments The Board ratified the appointment of five new directors and one Company Secretary, all effective June 25, 2026. The appointees are Mr. Sreeram Reddy Vanga (Chairman &...

Sayaji Hotels Ltd Grants Corporate Guarantee of Rs 50 Crore in Favor of Axis Bank for VICON Imperial Private Limited Sayaji Hotels Ltd has approved the issuance of a corporate guarantee amounting to Rs 50,00,00,000/- (Rupees Fifty Crores Only). This guarantee is provided in favor of Axis Bank Limited and pertains to a loan facility sought by VICON Imperial (I) Private Limited.The commitment from Sayaji Hotels Ltd underscores its backing for the subsidiary’s financing needs. The corporate guarantee covers the term loan taken by VICON Imperial (I) Private Limited.Details regarding this transaction, including the relationship between the entities and potential impact, are as follows:PARTICULARSDETAILSParty for which guarantee...

SGL Resources Ltd Appoints New Company Secretary and Compliance Officer SGL Resources Ltd has announced key changes in its secretarial function following the outcome of its Board meeting held on June 25, 2026. The company confirmed the resignation of Mrs. Foram Sagar Bhuva from the post of Company Secretary and Compliance Officer and appointed Mrs. Rekha Vishal Jhanwar to assume the role, effective immediately.Mrs. Foram Sagar Bhuva tendered her resignation from the position of Company Secretary and Compliance Officer after serving the company. Her resignation was accepted by the Board, noting that she stepped down due to personal reasons, with effect from the close of business hours on June 24, 2026.In a subsequent action, the...

Geetanjali Credit Moves Corporate Office from Jodhpur to Ahmedabad Geetanjali Credit and Capital Ltd has successfully completed the shifting of its corporate office, following a resolution passed during its Board Meeting held on June 25, 2026. The move transitions the company's base from Rajasthan to Gujarat.The relocation involves moving the company’s administrative hub from its previous premises in Jodhpur. The former location was situated at E-154, 2nd Floor, Shastri Nagar, K.U.M. Bhagat Ki Kothi, Jodhpur, Rajasthan, India, 342005.The new corporate office address for Geetanjali Credit and Capital Ltd is B/607, Titanium City Centre, located at 100 ft Road, Anand Nagar Road, Satellite, Ahmedabad, Gujarat - 380015.The transaction...

Pearl Global Industries Reaffirms: Share Price Movement Attributable to Market Circumstances Pearl Global Industries Ltd has responded to queries regarding recent significant movements in its share price, clarifying that the volatility is driven entirely by market forces.The company confirmed awareness of requirements related to disclosing material information concerning its operations and performance as set forth by regulatory guidelines.In addressing the fluctuations, Pearl Global Industries stated that it possesses no knowledge of any Price Sensitive Information that necessitates disclosure to Stock Exchanges, adding that such information has not been withheld.Accordingly, the company concluded that the share price movement is...

BSE Returns Draft Amalgamation Scheme of Emazing Deals with Kaiser Corporation Ltd Citing Shareholding ConcernsKaiser Corporation Limited has received observations from BSE Limited regarding the draft scheme of amalgamation involving Emazing Deals Limited. The feedback concerns the compliance of the proposed merger, which links the Transferor Company (Emazing Deals Limited) and the Transferee Company (Kaiser Corporation Limited).The examination conducted by BSE Limited indicated that the draft Scheme did not meet a specific requirement pertaining to post-scheme shareholding patterns. The observation stipulated that the percentage of shareholding must ensure that pre-scheme public shareholders of the listed entity, along with...

Korean Stocks Plunge After Chipmaker Selloff Erases Gains, Fueling Concerns Over Global AI Demand The benchmark KOSPI index experienced a sharp reversal, sliding as much as 8.2% on Friday amid renewed selling pressure across major chipmakers. This significant drop wiped out previous session gains and prompted the Korea Exchange to suspend trading for twenty minutes, marking the second time this type of halt had been issued this week.Samsung Electronics Co. and SK Hynix Inc. both saw their shares fall by more than 9%. The sell-off was heavily driven by foreign investors who liquidated 2.7 trillion won ($1.7 billion) worth of KOSPI shares during the morning trading session.Chip Stocks Suffer Massive Losses as AI Outlook Shifts The...

Apcotex Industries Approves Reappointment of Executive Director Ravishankar Sharma and Continuation of Atul Choksey's DirectorshipApcotex Industries Limited announced that its shareholders approved several key items of business during the 40th Annual General Meeting held on Thursday, June 25, 2026. The meeting, which was conducted through Video Conferencing (VC) / Other AudioVisual Means (OAVM), saw the re-appointment of Mr. Ravishankar Sharma as an Executive Director and confirmed the continuation of Mr. Atul Choksey's directorship as a Non-Executive Non-Independent Director and Chairman.The details relating to these executive appointments and continuations were made public following the general meeting.Details on Mr. Ravishankar...

Corporate Financial Updates: Companies Announce IDCW, IEPF Transfers, and Share Re-lodgement Window Kanpur Plastipack Limited Issues Notice Regarding Equity Shares Transfer to IEPF Kanpur Plastipack Limited has issued a notice to shareholders regarding the transfer of its equity shares to the Investor Education and Protection Fund (IEPF) Account. The notice was published on Thursday, June 25, 2026, in Business Standard newspaper in Hindi and English languages.JM Financial Limited Opens Special Window for Re-lodgement of Physical Transfer Deeds JM Financial Limited has re-opened a special window for the re-lodgement of physical transfer deeds for equity shares that were originally executed prior to April 1, 2019. This specialized...

Western Carriers Promoter Acquires 20,000 Shares from Open Market Rajendra Sethia, who holds the positions of Promoter and Chairman and Managing Director of Western Carriers (India) Ltd, acquired equity shares through the open market. The acquisition activity was recorded as of June 24, 2026.Mr. Sethia purchased 20,000 equity shares in the company. This purchase represents a small fraction of the total capital base.The details of the share acquisition are as follows:Acquirer NameRoleShares PurchasedPercentage of Total Issued and Paid-up Share CapitalRajendra SethiaPromoter, Chairman and Managing Director20,000 equity shares0.020%WCIL Stock Price Movement Western Carriers (India) Limited shares slipped on Thursday...

GIFT Nifty Plummets as Big Tech Giants Flag Sustainability of AI Spending Amid Global Sentiment Shift GIFT Nifty registered a significant decline this morning, signaling subdued global market sentiment despite Indian equities being closed for Muharram. The index traded at 24,010 around 8:45 am, down 105 points or 0.44 percent from the previous day’s close. This immediate weakness followed a volatile session for domestic markets on Thursday, where benchmark indices managed to finish marginally higher.Global Tech Weakness Drives Caution in Wall Street and Asian Markets Global sentiment remained decidedly cautious as Wall Street closed with mixed results. The Dow Jones Industrial Average posted a small gain of 0.14 percent, while the...

Sammaan Capital Ltd Pays Full Interest on Secured Redeemable Non-Convertible Debentures Sammaan Capital Ltd has reported the successful payment of interest amounts pertaining to its Secured Redeemable Non-Convertible Debentures (NCDs). The debentures were issued through a public offering and are listed on stock exchanges.The company confirmed that it paid the entire interest amount due for these NCDs, which include several issues with varying sizes and corresponding interest payments. All payments were made to ensure adherence to scheduled financial obligations.Details regarding the various issues of Secured Redeemable Non-Convertible Debentures (NCDs) are provided below, detailing the issued size, the amount of interest paid, and...

Small-Cap Frenzy: Funds Surge While Large-Caps Drift Lower; Gap Widens Across Sectors Category returns paint a divergent picture for investors, showing small-cap funds having navigated this period significantly better than their large-cap counterparts. While both categories exhibit extreme performance ranges, suggesting heightened volatility across the market segment, analysis reveals that sector momentum is unevenly distributed.Market Categories Show Divergence in One-Year Returns The overall categorization trend highlights a sharp divide in fund health over the past year. Small-cap funds are currently registering a strong return of 8.10 percent. In contrast, large-cap funds have seen declines, standing at -4.54 percent.Crucially...

Hexaware Becomes Authorized Anthropic Reseller for Amazon Bedrock, Accelerating Enterprise AI Deployment Hexaware Technologies Limited, a global provider of IT solutions and services, has announced that it is now an Anthropic Authorized Reseller for Amazon Bedrock. This appointment positions Hexaware as one of the companies worldwide entrusted to resell, integrate, and support Claude models directly to enterprise clients globally, significantly deepening the company's commitment to delivering transformative and responsible AI solutions.The partnership reinforces Hexaware’s strategic focus on AI-first methodologies, enabling it to support the entire AI lifecycle for its clientele—from model access and customization through...

Director Aman Kumar Ray Resigns from Delta Industrial Resources Ltd Delta Industrial Resources Limited has announced the resignation of its Director, Mr. Aman Kumar Ray. The change in directorship was effective as of the close of business hours on June 25, 2026.Mr. Ray submitted his resignation due to personal reasons.The company confirmed that there were no other material reasons for the departure besides those mentioned.Key details regarding the directorship cessation are summarized below:DetailInformationDirectorAman Kumar RayCessation DateClose of business hours on June 25, 2026Reason for ChangePersonal reasonsStock Price Movement At the close of trade on Thursday, Delta Industrial Resources Ltd settled at...

Brookprop Management Services Announces Key Board and Executive Appointments for Brookfield India Real Estate Trust Brookprop Management Services Private Limited, serving as the manager for Brookfield India Real Estate Trust, announced several significant updates regarding its board composition and executive leadership following a meeting of its directors held on June 25, 2026. The announcements included high-profile appointments, noted resignations, and the engagement of an independent valuer.The Board approved the appointment of Ms. Ananya Tripathi as an additional Non-Executive, Non-Independent Director on the board of the Manager, effective June 25, 2026. This appointment is subject to approval by members at the ensuing annual...

Elpro International Acquires Equity in Greaves Cotton Limited for INR 5 Crores Elpro International Ltd has acquired equity shares of Greaves Cotton Limited (GCL), making a strategic move within the manufacturing sector. The acquisition was conducted through cash consideration at a cost of INR 5.00 Crores, as part of Elpro International's investment strategy.The transaction involved an increase in Elpro International’s holdings in GCL. The company acquired 230,360 Equity Shares. This fresh acquisition increased the total holding to 461,575 Equity Shares, up from a previous holding of 231,215 Equity Shares.Greaves Cotton Limited is described as a diversified, multi-product, multi-fuel engineering company with a legacy spanning 165...