Corporate Updates — Indian Stock Market
⛽ Oil India OIL
Its material subsidiary Numaligarh Refinery Ltd (NRL) has been granted Navratna status by the Government of India.
📍 A milestone recognition for operational & strategic autonomy.
📊 Impact: Neutral
📦 Antariksh Industries
The company has recommended a 1:10 bonus share issue.
(For every 10 shares held, investors receive 1 additional share)
📊 Impact: Neutral
🏦 Manappuram Finance
The company has appointed Mr. Ashish N Chandak as Group Chief Compliance Officer & Senior Management Personnel.
📍 Strengthening governance & compliance leadership.
📊 Impact: Neutral
✨ Investor Note: Routine but relevant announcements — no major directional trigger, but useful for tracking corporate developments.
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