Markets

Greenply's Subsidiary Invests in Solar Firm for Captive Power Generation Facility Greenply Industries Ltd.'s Wholly Owned Subsidiary (WOS), Greenply Sandila Private Limited, has made a significant investment into Albano Solar Private Limited. The investment is aimed at establishing a group captive power generation facility to benefit the WOS's manufacturing unit in Uttar Pradesh.The subsidiary invested INR 45,00,000/- in equity shares of Albano Solar Private Limited, which accounts for 26% of the total equity in the company. This strategic investment supports the development of a captive power facility with a capacity of 1.5 MW (AC) located in Uttar Pradesh.The generated power from this facility is designated for use by Greenply...

Seafood Export Boom: Govt Launches National Roadmap to Slash Logistics Gaps and Secure 'Trusted Global Brand' Status A pivotal meeting aiming to redefine India’s aquatic trade took place in Visakhapatnam over two days. The Department of Fisheries, in partnership with the Ministry of Commerce & Industry, convened a high-level National Workshop on Seafood Exports on June 5th and 6th, 2026. The event gathered senior officials, representing key national bodies like MPEDA and NFDB, along with exporters, processors, and industry associations to chart a comprehensive growth strategy for the nation's seafood ecosystem.Charting a Blue Economy Future The workshops underscored that the fisheries sector is critical to India’s economic trajectory...

Acquirer and PACs Launch Mandatory Open Offer for Trio Mercantile & Trading Ltd, Aiming 50% Stake at ₹1.25 Per Share A consortium led by Kaushik Jagannath Joshi has launched a mandatory open offer aimed at acquiring up to 50% of the equity share capital of Trio Mercantile & Trading Limited (TRIO). The acquisition is part of a larger transaction involving the existing promoter group and is set to fundamentally change management control of the company.The Acquirer, along with three Persons Acting in Concerts (PACs), has initiated the open offer for the acquisition of up to 3,39,68,300 fully paid-up equity shares of TRIO Mercantile & Trading Limited. These shares represent 50.00% of the total issued and subscribed capital of the Target...

Ministry of Jal Shakti Drives Green Initiative as 'Swachh Gaon' Campaign Targets Waste Management and Environmental Protection DDWS Hosts Plantation Drive in Delhi under ‘Ek Ped Maa Ke Naam’ The Department of Drinking Water and Sanitation (DDWS), Ministry of Jal Shakti, organized a significant plantation drive at the Rashtriya Swachhata Kendra in New Delhi. This event was held as part of the nationwide observance of World Environment Day 2026 and the 'Ek Ped Maa Ke Naam' initiative.The gathering highlighted DDWS’s commitment to environmental stewardship and sanitation awareness. The activity was attended by senior officials, including Shri Ashok K.K. Meena, Secretary of DDWS. He was joined by Shri Kamal Kishore Soan, Additional...

Farming Renaissance: Over 9.4 Lakh Farmers Join 'Save the Farm Campaign' to Revolutionize Fertiliser Use Grassroots Reach Fuels 'Khet Bachao Abhiyan' as Millions are Reached Digitally The nationwide 'Khet Bachao Abhiyan', spearheaded by the Union Ministry for Agriculture and Farmers' Welfare, is rapidly transforming agricultural practices across India. This intensive campaign promotes balanced fertiliser use, aims to conserve soil fertility, and advocates for sustainable farming methods. As of June 4, 2026, the movement has achieved significant traction, connecting with over 9.42 lakh farmers nationwide.The sheer scale of public outreach speaks to the national commitment to agricultural sustainability. The campaign's success is...

Garlon Polyfab Industries Ltd Releases Annual Financial Results for Fiscal Year 2024; Statements Give True and Fair View Garlon Polyfab Industries Limited has released its Standalone Statement of Assets and Liabilities for the financial year ended March 31, 2024. The results provide a comparative view against the previous fiscal year (March 31, 2023), with auditors confirming that the statements present a true and fair picture in conformity with applicable Indian Accounting Standards.The company's annual financial data, covering assets and liabilities, stands as follows:Financial Metric Year ended 31/03/2024 (In Lacs) Previous year ended 31/03/2023 (In Lacs)Total Assets 5.98 6.13Non Current Assets 5.76 5.76Total Current...

Vdeal System Limited Secures Order Worth ₹62 Lakh for Power Distribution System Vdeal System Limited has secured a new order totaling ₹62,70577.19 to supply a power distribution system. The contract pertains to the delivery of the specialized equipment to Pradeep Trading Co.The company reported that this business win is part of its effort to expand operations and secure sustained growth. The order involves supplying a power distribution system as per the purchase order provided by the client.Key details regarding the contract are as follows:Particulars DetailsName of Client Pradeep Trading Co.Type of Entity DomesticContract Nature Supply of power distribution systemOrder Value ₹6,270,577.19 (excluding GST)Delivery...

PB Fintech Allots 1,800 Equity Shares Following Exercise of Employee Stock Options PB Fintech Ltd has announced the allotment of equity shares following eligible employees exercising their vested options under the PB Fintech Employees Stock Option Plan 2021 (ESOP 2021). The action was taken by the Nomination and Remuneration Committee.The company allotted 1,800 equity shares, each having a face value of Rs. 2/- to employees who exercised their vested options under the ESOP 2021 plan.This allotment has resulted in an increase in the issued and paid-up share capital of the Company. Prior to this transaction, the company had issued 46,26,93,070 equity shares with a total capital of Rs. 92,53,86,140/-. Following the allotment, the total...

Garlon Polyfab Industries Ltd Reports Quarterly Results Showing Profit in Continuing Operations Garlon Polyfab Industries Limited released its unaudited financial results for the quarter ended June 30, 2025. The company reported specific performance metrics across various periods, as detailed in the financial statements reviewed by external auditors.The company's financial summary includes income details, expenses breakdown, and profit calculations before tax across the most recent quarter (ending June 30, 2025), the preceding quarter (March 31, 2025), the prior year's fourth quarter (December 31, 2024), and the full fiscal year ended March 31, 2025.Key components of the results for the quarter ending June 30, 2025 include:Total...

Lloyds Metals and Energy Ltd Grants Employee Stock Options under ESOP-2024 Scheme Lloyds Metals and Energy Ltd announced that its Nomination and Remuneration Committee (NRC) approved the grant of employee stock options as part of the Lloyds Metals and Energy Employee Stock Option Scheme - 2024. The committee passed a circular resolution on June 5, 2026, approving the allocation of these options.Under the scheme, the company granted a total of 10,61,689 employee stock options (Options). These Options are governed by the Lloyds Metals and Energy Employee Stock Option Scheme - 2024 (LLOYDS ESOP-2024). The NRC determined the exercise price for these Options to be Rs. 4/- per Option.The granted Options cover a total of 10,61,689 equity...

Spice Islands Industries Forms Joint Venture with Peace Mission for New Functional Beverage Line "PEACE ROGERS" Spice Islands Industries Ltd, previously known as Spice Islands Apparels Limited, has announced a significant expansion into the functional wellness beverage sector. The company's Board of Directors approved the execution of a Joint Venture Agreement with The Peace Mission Private Limited to develop and commercialize a new product line under the proprietary brand name "PEACE ROGERS."The collaboration establishes a strategic business alliance aimed at the development, manufacturing, branding, marketing, distribution, and nationwide and international commercialization of the specialized beverage. This move marks a major...

Aadhar Housing Finance Pays Annual Interest of Rs 15.52 Crores on Non-Convertible Debentures Aadhar Housing Finance Ltd has confirmed the timely payment of interest amounting to Rs 15,52,00,000/- in respect of its Non-Convertible Debentures (NCDs). The payment was made on June 5, 2026.The company confirmed that it fulfilled its commitment regarding the payment of interest on the NCDs, which were issued on a private placement basis and are listed. This transaction details an annual interest payment for these debentures.Key details regarding the interest payment are as follows:Particulars DetailsIssue Size of NCDs Rs 200,00,00,000/-Interest Amount Paid (Post TDS) Rs 15,52,00,000/-Payment Frequency AnnuallyInterest...

Cropster Agro Ltd Reports Standalone Results: Q4 FY26 Revenue Reaches Rs 17,531 Lacs Cropster Agro Ltd has released its standalone financial results for the quarter ending March 31, 2026, and for the full fiscal year ended March 31, 2025. The company’s performance across key metrics showed variations compared to previous periods, according to the reported data.The results provide a snapshot of operational income, expenses, assets, and equity movements for both the quarter and the corresponding financial years.Quarterly Financial Performance Cropster Agro Ltd reported that its revenue from operations reached Rs 17,682.00 Lacs for the quarter ending March 31, 2026. Total income stood at Rs 17,692.60 Lacs for the same period. The...

Manglam Infra Secures LOAs from MPRRDA for Bridge Consultancy Projects Manglam Infra & Engineering Limited has secured multiple Letters of Award (LOA) from the Madhya Pradesh Rural Road Development Authority (MPRRDA), Bhopal. The contracts relate to consultancy work under the Kshatigrast Bridge Nirman Yojana, totaling Rs. 1,05,30,600 across four packages.The projects, which are categorized as consultancy for bridge works, span various districts and involve a three-month execution period for each contract.The breakdown of the awarded contracts is detailed below:S.No Project Particulars Total Amount1 Brg. DPR Consultancy for works under Kshatigrast Bridge Nirman Yojana, Package No. 3-Brg. District Dnar (Nodal PIU- Dhar-1) Rs...

Market Misconduct: SEBI Demands Recovery of ₹5.16 Lakhs from Individual in Illiquid Stock Options Case The Securities and Exchange Board of India (SEBI) has issued a formal notice demanding the recovery of substantial dues from Bimla Devi Killa regarding violations related to illiquid stock options. The directive, dated June 5, 2026, specifies a total outstanding amount of ₹5,16,000, which includes penalties, interest, and associated recovery costs.The notice details the proceedings stemming from an Adjudicating Officer's Order dated April 13, 2026, concerning the alleged misconduct involving illiquid stock options held by Ms. Killa. This action falls under Section 28A of the SEBI Act, 1992.Breakdown of Financial Dues and Penalty...

SEBI Mandates Recovery of Rs 5.21 Lakh from HKC Techind Over Illiquid Stock Options Misuse The Securities and Exchange Board of India (SEBI) has issued a stringent notice demanding significant recovery dues from HKC Techind Private Limited regarding the misuse of illiquid stock options. The action highlights SEBI's robust enforcement stance against corporate non-compliance related to employee share incentives.The official Recovery Certificate No. 9143 of 2026 mandates that HKC Techind Private Limited settle a total outstanding amount of Rs 5,21,000/- within a strict timeframe of fifteen days from the receipt of the notice. The dues include the principal penalty imposed by SEBI, accrued interest, and associated recovery costs...

SEBI Imposes Penalty on Trader Kavita Didwania for Alleged Manipulation in Illiquid Stock Options Regulatory Action Over Non-Genuine Trades at BSE The Securities and Exchange Board of India (SEBI) has issued an Adjudication Order imposing a penalty on trader Kavita Didwania regarding her trading activities in the stock options segment of the Bombay Stock Exchange (BSE). The action was taken after SEBI observed instances of large-scale reversal trades that led to the creation of artificial volume within illiquid stock options contracts.The proceedings concern alleged violations of Regulations 3(a), (b), (c), (d), and 4(1) and 4(2)(a) of the SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market)...

Garlon Polyfab Industries Ltd Announces Unaudited Financial Results for Quarter Ended June 2024 Garlon Polyfab Industries Limited has released its unaudited financial results for the quarter ended June, 2024. These results are presented along with a limited review report conducted by chartered accountants.The statement of the company's finances was reviewed in accordance with the Standard on Review Engagement (SRE) 2410. The management is responsible for the Statement and has approved it, ensuring that accounting policies are consistent with those used in the preparation of the opening unaudited Balance Sheet as at April 01, 2024.The independent review concluded that nothing had come to the attention of the auditors that suggested...

BCML and Lucknow Cantonment Board Launch Landmark Bioplastics Adoption Initiative in India Lucknow, June 5, 2026 — Balrampur Chini Mills Limited (BCML) and the Lucknow Cantonment Board jointly launched Bioyug Green Command 2026 on World Environment Day, dedicating a significant commitment to advancing India's bioplastics ecosystem. The initiative, aimed at promoting sustainable consumption and reducing plastic waste, was formally introduced in the presence of Shri Rajnath Singh Ji, Hon'ble Defence Minister of India, who attended as the Chief Guest.The event marked the rollout of a pioneering collaboration between Balrampur Bioyug and the Lucknow Cantonment Board, following the signing of a landmark MoU and BCML securing its first...

Hindustan Zinc Clarifies Market Rumors Regarding Potential Government Stake Sale Hindustan Zinc Limited has issued a clarification addressing market speculation concerning a possible government stake sale, which appeared in media reports.The company addressed the news item published on June 05, 2026, by Moneycontrol, titled "Hindustan Zinc stock crashes over 4% today on report of possible government stake sale; among top largecap losers."In response to the reported market activity and subsequent inquiries, Hindustan Zinc Limited stated that it possesses no information regarding a potential government stake sale. Consequently, the company is unable to comment on media speculation or rumors surrounding this matter.The company also...