Markets

TCFC Finance Completes Share Capital Reduction; Board Approves Financial Results for FY2025-26 TCFC Finance Ltd has confirmed a reduction in its paid-up share capital, following an order by the National Company Law Tribunal (NCLT), Mumbai Bench. The company also announced the approval of its audited standalone financial results for the quarter and year ended March 31, 2026.The Board of Directors finalized several key decisions related to corporate structure and performance in May 2026. A significant element of this involved fixing a record date for the capital reduction process that was approved by the NCLT, Mumbai Bench on April 22, 2026.Capital Structure Reduction Details The company's issued share capital is being reduced as a...

Patel Integrated Logistics Promoter Group Acquires Shares in Open Market Purchase Patel Integrated Logistics Ltd. saw a change in promoter holding after Mr. Asgar Shakoor Patel acquired 66,000 equity shares of the company through an open market purchase on June 2, 2026. The acquisition is part of the holdings of Mr. Asgar Shakoor Patel and the associated Promoter Group.The transaction details indicate that the acquisition was completed via open market purchase. Following the purchase, the promoter group's combined holding increased, bringing their total stake to 36.09% of the company’s diluted share/voting capital.Mr. Asgar Shakoor Patel is identified as a key member of the Promoter and Promoter Group, which includes Mrs. Yasmin...

India Ratings Assigns IND BBB Rating to IdeaForge Technology for Corporate Credit Rating India Ratings and Research Private Limited (Ind-Ra) has assigned a Long-term Issuer Rating of IND BBB/Stable to Ideaforge Technology Limited (ITL). The rating was based on a fully consolidated view that included ITL and its 100% subsidiary, IdeaForge Technology Inc., reflecting the strong operational momentum and strategic linkages between the two entities.The rating action reflects Ind-Ra’s expectation of significant operating performance improvement by ITL during Q4 of FY26, with sustained strengthening anticipated moving forward.Credit Rating Details and Financial Performance According to Ind-Ra, the company demonstrated notable financial...

Over 6,000 Youth to Converge as MY Bharat Concludes World Record for Viksit Bharat Vision MY Bharat Convention Signals Massive Surge in National Youth Engagement NEW DELHI: Mera Yuva Bharat (MY Bharat), under the Ministry of Youth Affairs & Sports, is set to host the 'Youth for Viksit Bharat - MY Bharat Youth Convention.' The event is scheduled for June 6th, 2026, at Thyagaraj Stadium, New Delhi. This convention aims to galvanize and celebrate the role of youth in achieving the vision of Viksit Bharat @2047.The gathering is expected to host more than 6,000 young participants from across India. These attendees represent a diverse spectrum, including students, entrepreneurs, innovators, content creators, and emerging leaders. The event...

Shyam Metalics Reports May 2026 Sales Performance Across Key Product Segments Shyam Metalics and Energy Limited (SMEL), a metal conglomerate specializing in various steel grades and allied products, released its consolidated sales performance figures for May 2026. The company's product portfolio spans stainless steel, aluminium foil, specialized alloys, carbon steel, and ferrous materials.The detailed monthly sales releases highlight diverse operational performances across different segments of the manufacturing base.Product Segment Performance Overview (May 2026) Stainless Steel Performance in the stainless steel segment showed significant realization improvements despite volume fluctuations. For May FY27, sales volume stood at...

Anupriya Consultants Sells Shares of Marsons Ltd, Reducing Holding to 6.93% Anupriya Consultants Private Limited (Non-promoter) has sold a portion of its equity shares in Marsons Ltd, reducing its stake in the company. The sale was completed over several months, with the holding decreasing from 8.59% before the disposal to 6.93% after the transaction.The total number of shares sold across the mentioned dates amounted to 2,865,989, representing a 1.67% stake in Marsons Ltd.Details of Share Holding and Disposal Prior to the sale, Anupriya Consultants held 14,794,410 shares, translating to an 8.59% holding on a total diluted share capital of 172,100,000 fully paid up equity shares.The disposal involved selling 2,865,989 shares, which...

Vikran Engineering Ltd Allots Secured Non-Convertible Debentures Worth ₹10 Crores through Private Placement Vikran Engineering Ltd has announced the allotment of secured, unlisted, redeemable, non-convertible debentures (NCDs), aggregating to INR 10 Crore. The issuance was completed on June 4, 2026, through a private placement basis.The company utilized its Corporate Affairs Committee, authorized by the Board of Directors, to approve and execute the allotment. These NCDs are intended to raise funds in dematerialized form.The details of the debenture issuance include:FeatureDetailsType of SecuritiesSecured, Unlisted, Redeemable, Non-Convertible Debentures (NCDs)Total Issue SizeINR 10 CroresNumber of NCDsUp to 20Face...

Dipti Ravindra Joshi Disposes of Shares in Transvoy Logistics India Ltd, Reducing Promoter Stake Dipti Ravindra Joshi, a promoter, has completed the disposal of shares in Transvoy Logistics India Ltd. The transaction took place on 03.06.2026 through the open market.The acquisition/disposal details relate to Dipti Ravindra Joshi’s holding as a promoter in the company, which is listed on BSE SME.Details regarding the pre-acquisition holdings and the share disposition are as follows:Holding DetailsBefore AcquisitionTransaction DetailsAfter AcquisitionTotal Shares Held (a)532,400122,400 shares sold410,000Holding Percentage19.99%(4.60% of total)15.40%The transaction was executed via the open market. As a result of the sale...

YES Bank Allots Equity Shares Following Exercise of Stock Options; Paid-Up Capital Increases YES Bank Limited has announced the allotment of equity shares following the exercise of stock options under the YBL ESOS 2020 Scheme and the YBL RSU Plan 2024. The allotment resulted in a realization of funds, consequently increasing the Bank’s paid-up share capital.The Nomination & Remuneration Committee of the Bank approved the allocation of 2,16,912 equity shares. These shares were issued at a face value of Rs. 2/- each and were allotted to shareholders who exercised stock options under the aforementioned plans.The transaction enabled the bank to realize Rs. 29,93,174.50 from the exercise of these stock options.This allotment led to an...

Heritage Foods Honored with IR Excellence Award in Food & Beverage Category Heritage Foods Limited has received the prestigious IR Excellence Award in the Food & Beverage Category from the IR (Investor Relations) Society. This recognition highlights the company's commitment to high standards of disclosure, sound corporate governance, and constructive engagement with the investment community.The award was presented to Heritage Foods by Mr. Umakanta Barik, Company Secretary & Compliance Officer, at an awards ceremony organized by the IR Society. The achievement reflects the company’s focus on building trust through transparency, timely communication, and responsible business practices within the industry.Heritage Foods has...

Government Initiates Offer for Sale of NHPC Equity Shares through Stock Exchanges The President of India, acting through the Ministry of Power, has initiated an offer for the sale of equity shares in NHPC Limited (NHPC). The sale is being conducted via the stock exchange mechanism and includes a base offer with an option for oversuscription, alongside a dedicated employee share offering.The government's proposal involves selling up to 30,13,51,044 equity shares, which represents 3.00% of the paid-up equity share capital of NHPC Ltd. The offer also includes an Oversubscription Option for an additional 30,13,51,044 equity shares (representing a further 3.00%), bringing the total potential sale to 6.00% of the company's paid-up equity...

Alembic Pharmaceuticals Secures USFDA Final Approval for Haloperidol Tablets Alembic Pharmaceuticals Limited has received final approval from the U.S. Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) covering Haloperidol Tablets. The tablets, available in strengths of 1 mg, 2 mg, 5 mg, 10 mg, and 20 mg, have been approved by the USFDA.The newly approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Haldol Tablets, supplied by Ortho McNeil Pharmaceutical.Haloperidol Tablets are indicated for the management of manifestations of psychotic disorders. They are also prescribed for controlling tics and vocal utterances associated with Tourette's Disorder in both children...

Sulabhya Paramita Trust Acquires Shares in Paisalo Digital Limited, Increasing Stake through Open Market Purchase Sulabhya Paramita Private Trust has acquired equity shares of Paisalo Digital Limited. The acquisition took place on June 03, 2026, and was conducted via the open market.The transaction details indicate that Sulabhya Paramita Private Trust acquired a total of 15,50,000 Equity Shares of Paisalo Digital Limited (Target Company).According to the acquisition data, the pre-acquisition holding of voting rights for the acquirer stood at 28,20,000 shares, representing 0.3101% of the total voting capital of Paisalo Digital Limited.Following the open market purchase, the trust's total holding increased to 43,70,000 shares...

Heritage Foods Ltd Wins 'IR Excellence Food and Beverage' Award Heritage Foods Limited has been conferred the prestigious 'IR Excellence Food and Beverage' Award by the Investor Relations Society. The recognition was presented during the Investor Relations Awards ceremony held on Thursday, June 04, 2026, at the National Stock Exchange Auditorium in Mumbai.The award reflects the company's sustained commitment to maintaining high standards of transparency, stakeholder engagement, and investor communication.Sri. Umakanta Barik, who serves as Company Secretary and Compliance Officer for Heritage Foods Limited, received the distinction on behalf of the organization.HERITGFOOD Stock Price Movement Shares of Heritage Foods Limited are...

Government Unleashes Mega-Reform: Tax Exemptions and New Rules Spark Massive Inflow into G-Secs and Equity Markets In a landmark move aimed at cementing its status as a global investment hub, the Ministry of Finance has unveiled sweeping market reforms. These measures are designed to drastically deepen both the Government Securities (G-Sec) and equity markets in India. The initiatives specifically target foreign investors by simplifying access and introducing highly competitive tax incentives.These strategic steps follow previous efforts to boost the ease of doing business within Indian capital markets. By expanding accessibility across investment segments, the government is actively inviting stable, long-term foreign capital flows...

Pri Caf Acquires 9 Lakh Shares in Paisalo Digital Limited Through Open Market Purchase Pri Caf Private Limited has increased its stake in Paisalo Digital Limited by acquiring 9,00,000 equity shares of the target company. The acquisition took place through the open market on June 03, 2026.The purchase represents a material increase in the holding of Pri Caf Private Limited in Paisalo Digital Limited. According to the disclosures, Pri Caf is identified as a promoter and belongs to the Promoter group for the acquisition.Prior to the transaction, Pri Caf's holding in Paisalo Digital Limited stood at 2,99,74,400 shares, representing 3.2956 percent of the total voting capital of the target company. Following the open market purchase, the...

United Drilling Tools Ltd Secures Order from Shivganga Drillers for Stabilizers United Drilling Tools Ltd (UDTL), a prominent manufacturer of specialized high-technology equipment for the oil and gas sector, has secured a new order from Shivganga Drillers Limited. The contract is valued at INR 16.61 lakh and involves supplying different types of stabilizers to the private sector company operating in the oil and gas industry.The order centers on critical drilling components known as Stabilizers, which are designed to maintain wellbore stability and enhance drilling efficiency during oil and gas exploration and production activities. This engagement marks the first time UDTL has supplied these specific stabilizers to Shivganga Drillers...

EQUILIBRATED VENTURE CFLOW Acquires Shares in Paisalo Digital Limited Through Open Market Purchase EQUILIBRATED VENTURE CFLOW (P) LTD. has increased its stake in Paisalo Digital Limited through an acquisition of equity shares on the open market. The purchase, finalized on June 03, 2026, saw the company acquire 9,00,000 Equity Shares of the target company.The acquisition means that EQUILIBRATED VENTURE CFLOW (P) LTD.'s holding in Paisalo Digital Limited has seen a slight increase, moving from 21.1858% to 21.2848%. The purchase was conducted through the open market.According to the details of the transaction, EQUILIBRATED VENTURE CFLOW (P) LTD., which is identified as belonging to the Promoter group and holds shares listed on the...

MPC Holds Rate Steady Amid Global Volatility: India’s Economic Resilience Boosts Growth Forecast Despite Geopolitical Stress The Reserve Bank of India (RBI) maintained its cautious stance on monetary policy, holding the key repo rate steady as global economic uncertainty deepens. The Monetary Policy Committee (MPC) emphasized that while international headwinds continue to pose significant risks, the Indian economy maintains robust fundamentals and continues to navigate global turbulence with relative stability.MPC Holds Rates Unchanged Amid Global Uncertainty The MPC met on June 3rd, 4th, and 5th, unanimously deciding to keep the policy repo rate under the Liquidity Adjustment Facility (LAF) unchanged at 5.25 per cent. Consequently...

Umiya Holding Acquires Shares in Umiya Buildcon, Increasing Promoter Stake UMIYA HOLDING PRIVATE LIMITED has increased its stake in Umiya Buildcon Limited (formerly MRO-TEK Realty Limited) following the acquisition of shares. The transaction was completed on June 3, 2026.The acquisition involves UMIYA HOLDING PRIVATE LIMITED, which is classified as a Promoter entity, acquiring shares in Umiya Buildcon. This move updates the holding structure of the target company, which is listed on BSE Limited and National Stock Exchange of India Limited.According to the disclosed details, Umiya Holding already held 71,57,666 shares representing 38.30% of the total diluted share/voting capital in Umiya Buildcon. The acquisition involved securing an...