Markets

Ravi Kant Sharma Sells Shares in Health X Platform Ltd, Reducing Stake to 74.07% Ravi Kant Sharma, holding shares through a Promoter Group, has undertaken a market sale of shares in Health X Platform Limited. The transaction resulted in a slight reduction of his stake, according to disclosures made regarding the company's ownership structure.The acquisition was executed via Market Sale on June 3, 2026. Prior to the sale, Ravi Kant Sharma held 2,38,10,627 shares, which constituted 74.85% of the total diluted share/voting capital of Health X Platform Limited (formerly Sastasundar Ventures Limited).The details of the transaction are as follows:CategoryBefore Transaction HoldingSale DetailsAfter Transaction HoldingShares Carried...

Garlon Polyfab Industries Ltd Announces Unaudited Financial Results for Quarter Ended June 2020 Garlon Polyfab Industries Limited has released its unaudited financial results, accompanied by a limited review report, for the quarter ending June 30, 2020. The statement was reviewed by Chartered Accountants P. D. Agrawal & Co., and is intended for the Board of Directors.The financial statements were prepared by the Company’s management in compliance with Indian Accounting Standards (Ind AS), which has been adopted by the company since April 1, 2017. The review was conducted according to the Standard on Review Engagement (SRE) 2410 of the Institute of Chartered Accountants of India.Based on the review, P. D. Agrawal & Co. noted that...

Entities Acquire Shares in Balrampur Chini Mills Limited Through Preferential Allotment Entities, including Smt. Sumedha Saraogi, have acquired equity shares in Balrampur Chini Mills Limited through a preferential allotment of equity shares. The acquisition involves 3,45,864 equity shares, following the receipt of intimation of allotment on June 03, 2026.The acquisition represents an increase in the stake held by the acquirer. Prior to this transaction, the acquirers held a total of 8,65,45,753 shares, representing 42.85% of the equity share capital. Following the preferential allotment of 3,45,864 shares carrying voting rights, the holding increased to 2,05,41,617 shares, which constitutes 42.86%.The transaction details and the...

Highway Infrastructure Limited Board Approves Reappointments of Managing Director and Whole-Time Director The Board of Directors of Highway Infrastructure Limited made several key decisions in a meeting held on Saturday, June 06, 2026. The company approved the alteration of its Articles of Association (AOA) and confirmed the reappointment of two senior executives: Mr. Arun Kumar Jain as Managing Director and Mr. Anoop Agrawal as Whole-Time Director.Both appointments are subject to the approval of the company's shareholders.The Board meeting focused on several operational and structural changes. The alteration to the Articles of Association specifically concerns Clause 154A, which dictates the waiver of the right to receive interim...

Yes Bank Receives GST Order from Maharashtra Department; Total Demand Reaches Rs 63.27 Crores Yes Bank Limited has received an order regarding a Goods and Services Tax (GST) matter spanning the period July 2017 to June 2018. The Commissioner (Appeals) of the Maharashtra department passed the Order on June 05, 2026, under Section 107(11) of the Central Goods and Services Tax Act, 2017.The order pertains to a GST demand along with the levy of penalty and applicable interest. This matter was first intimated to stock exchanges following an Order-in-Original passed by Joint Commissioner, CGST for the same amount. The current order serves as an update, confirming the original demand raised.The details of the action taken by the...

Voler Car Limited Secures End-to-End Employee Transportation Contract with Teleperformance Global Business Private Limited Voler Car Limited has secured a significant contract for providing end-to-end employee transportation services to Teleperformance Global Business Private Limited. This deal strengthens the company's standing in the mobility solutions and employee transportation segment.The agreement covers comprehensive domestic transport needs for Teleperformance Global Business Private Limited. The service mandate is specifically focused on transporting employees for operations in Hyderabad South.The contract tenure spans three years, starting from June 2026 and concluding in May 2029.Key details regarding the awarded...

Jindal Poly Films appeals National Company Law Appellate Tribunal order before Supreme Court Jindal Poly Films Limited has escalated a dispute to the Hon'ble Supreme Court of India, following the successful verification of an appeal against an order issued by the National Company Law Appellate Tribunal (NCLAT). The litigation involves Monet Securities Pvt. Ltd. and others.The company confirmed that the appeal, concerning CA (AT) No. 47 of 2026, was verified by the Registry of the Hon'ble Supreme Court of India on June 05, 2026. This matter is expected to be listed for hearing in the future.Details regarding the ongoing litigation and related parties have been noted as follows:ParticularsDetailsName of the Listed CompanyJindal...

TVS Motor Company Launches Premium Bespoke Experience Channel: Announces 'TVS Paddock' Bengaluru, June 6, 2026: TVS Motor Company (TVSM), a global leader in the two and three-wheeler segment and part of TVS VENU, has announced TVS Paddock. This exclusive retail channel is dedicated to serving the company’s premium portfolio, establishing a new benchmark for customer-centric retail and ownership experiences.TVS Paddock represents a strategic milestone in the company's commitment to premium mobility. The new ecosystem brings together immersive brand engagement, personalized service, and exceptional aftersales support into one distinguished retail environment. It introduces a novel retail philosophy that integrates motorcycles, community...

Bhageria Industries Limited Clarifies Trading Volume Spike Citing No Material Changes in Operations Bhageria Industries Limited has issued a clarification regarding the significant increase in trading volume of its shares across stock exchanges. The company addressed an inquiry seeking details about the surge in trading activity of its securities.In response, Bhageria Industries stated that it has been maintaining timely disclosures concerning all events and information that could affect its performance or operations. According to the company's position, there are currently no material events requiring disclosure under the regulations that might bear on the Company’s operations. Consequently, the observed increase in trading volume is...

Ujjivan Small Finance Bank Allots Equity Shares Under ESOP 2019; Paid-Up Capital Rises Ujjivan Small Finance Bank Limited has approved the allotment of equity shares under its Employee Stock Option Plan 2019 (ESOP 2019). This transaction will result in an increase to the bank's paid-up capital.The Stakeholders Relationship Committee of the Bank’s Board, through a resolution passed on June 06, 2026, approved the allotment of 8,15,797 equity shares. These shares have a face value of Rs.10/- each and are fully paid-up, resulting from the exercise of stock options under the ESOP Scheme 2019.The Bank has received in-principle approval from both the National Stock Exchange (NSE) and BSE for the listing of these equity shares. Management...

NIIT Learning Solutions (Canada) Undergoes Capital Restructuring Following Operations Review NIIT Learning Systems Limited reported that its wholly owned subsidiary, NIIT Ireland Limited, approved a capital restructuring for NIIT Learning Solutions (Canada) Ltd. The decision was made in response to the reduction in operations and associated capital requirements of the Canadian entity, which successfully completed a large training contract in the real estate sector in September 2025.The restructuring was carried out in compliance with applicable provisions of the laws of British Columbia. NIIT Ireland Limited, as the sole shareholder of NIIT Canada, approved reducing the par value of the issued and outstanding common shares by an...

Data Revolution: New Report Set to Boost Local Self-Governance as Datasets for State Finance Commissions Due June 8 The government's commitment to evidence-based fiscal governance received a significant boost today with the announcement of the Committee on Datasets for State Finance Commissions. The critical report is scheduled to be released on June 8, 2026, at an event hosted by the Ministry of Panchayati Raj in New Delhi.The release ceremony will feature Dr. V. Anantha Nageswaran, Chief Economic Advisor to the Government of India, who will unveil the findings. Dignitaries including Shri Vivek Bharadwaj, Secretary of the Ministry of Panchayati Raj, and Dr. Manish Gupta from the National Institute of Public Finance and Policy (NIPFP)...

High Court Upholds Injunction in Beardsell Limited Trademark Dispute Beardsell Limited has secured a favorable ruling concerning the protection of its intellectual property rights after the Madras High Court dismissed an appeal filed by opponents regarding trademark infringement.The Company had previously pursued legal action against Beardsell Polymers Private Limited and Others, referred to as 'Opponents', in the Hon'ble High Court of Madras. The lawsuit addressed issues of trademark infringement and passing off, aimed at safeguarding the corporate name/trademark "BEARDSELL." Initially, the High Court had intervened in the matter and granted a perpetual injunction favoring the Company after cracking down on the infringement.The...

Goodyear India Launches Ultra Grip Farm Tyre for Domestic Market Goodyear India Ltd has announced the launch of a new product designed for the agricultural sector, marking a strategic expansion into farm tire solutions. The new offering is named Goodyear Ultra Grip and was introduced on June 05, 2026.The newly launched product falls under the category of Farm Tyres. Goodyear India confirmed that the Goodyear Ultra Grip is aimed at servicing the domestic market within India.Key details regarding the product launch include:Product NameCategoryLaunch DateMarket FocusGoodyear Ultra GripFarm TyreJune 05, 2026Domestic (India)GOODYEAR Stock Price Movement On Friday, Goodyear India Limited shares edged higher, settling at ₹733.00...

Popees Baby Care India Releases FY2026 Results; Reports Unmodified Opinion and Financial Statements Popees Baby Care India Ltd., formerly known as Hari Govind International Limited, has released its Standalone Audited Financial Results for the quarter and financial year ended March 31, 2026. The company's Board of Directors approved these results at a meeting held on May 30, 2026.The company confirmed that its statutory auditors issued an Audit report on the Standalone Audited Financial Statements for the financial year ended March 31, 2026, with an unmodified opinion. The Chief Financial Officer and Managing Director also declared that the reports of the statutory auditors were based on an unmodified opinion.Independent review of...

SBL Infratech Approves Half-Yearly Results, Reports Unmodified Audit Opinion SBL Infratech Limited has released its Standalone Audited Financial Results for the half year and full year ended March 31, 2026. The Board of Directors approved these results following a meeting held on Friday, June 5, 2026.The company’s financial performance metrics have been disclosed in conjunction with an unmodified opinion issued by its Statutory Auditors regarding the results for both periods.Key Financial Highlights and Audit Confirmation SBL Infratech provided the audited figures for the period ended March 31, 2026, along with the corresponding balance sheets and cash flow statements. The company declared that the Statutory Auditor had issued an...

National Highways Infra Trust Posts Strong Financials for FY26; Highlights Robust Project Performance and Governance National Highways Infra Trust (NHIT) has released its Investor Presentation detailing the company’s performance for the quarter and year ended March 31, 2026. The results reflect continuous growth across its portfolio of road assets while maintaining a strong focus on corporate governance and sustainability initiatives.The Trust reported significant increases in total revenue from operations, driving higher profitability despite increased finance charges over the fiscal year. Management highlighted that the overall structure is characterized by low leverage, supported by an adequate Debt Service Coverage Ratio (DSCR)...

Valecha Engineering Limited Announces Quarterly Financial Results Amid Challenges, Recognizes Goodwill Impairment Valecha Engineering Limited released its audited consolidated financial results for the quarter ended March 31, 2026. The Group's performance during the period showed significant swings, with the company recognizing a substantial impairment loss on goodwill due to continued operational challenges across its subsidiaries and operations.The financial statements reflect that the Group’s assets are currently measured at estimated realizable values, driven by adverse financial conditions encountered by several key entities within the conglomerate.Consolidated Financial Performance Snapshot (INR Crores) The company reported...

Sarveshwar Foods Limited Reports Q1 Results: Standalone and Consolidated Financials Reviewed by Auditors Sarveshwar Foods Limited announced the outcomes of its Board Meeting held on June 5, 2026, providing updated financial results for the quarter and year ended March 31, 2026. The company’s standalone and consolidated statements were reviewed by auditors, with both sets of results receiving an unmodified opinion regarding their presentation and fairness.The Board meeting considered and approved the Audited Financial Results for the fourth quarter and the financial year ending on March 31, 2026, along with the statutory auditor's report. The company noted that its primary business segment remains the processing and trading of rice...

Independent Director Ashlesha S. Raythattha Resigns from Valecha Engineering Limited Board Valecha Engineering Limited has announced the resignation of Ms. Ashlesha S. Raythattha as an Independent Director of the company. The resignation is effective from May 28, 2026.Ms. Raythattha resigned due to other professional commitments, stating that she would be unable to devote sufficient time toward discharging her responsibilities as a Director of Valecha Engineering Limited. She confirmed that there were no material reasons for her resignation beyond those stated in her notice.The details regarding the departure of Ms. Ashlesha S. Raythattha are summarized below:DetailInformationReason for changeResignation due to other...