Markets

Ajit Narayanan Appointed CTO at Angel One Ltd as Company Restructures Senior Leadership Angel One Ltd has announced key changes within its senior management personnel. The company appointed Mr. Ajit Narayanan as Chief Technology Officer (CTO), effective June 08, 2026. Furthermore, Mr. Ravish Sinha is transitioning roles from Group Chief Product and Technology Officer to an Individual Technologist in the office of the GCEO.Mr. Narayanan's appointment places him under Ambarish Kenghe, who serves as the Group Chief Executive Officer (GCEO).Profile Highlights of Ajit Narayanan The newly appointed CTO brings extensive experience, having built and scaled consumer and enterprise technology businesses from zero to unicorn scale over 25...

Digispice Technologies Ltd Allots 2 Lakh Shares Under Employee Stock Option Plan DiGiSPICE Technologies Limited announced that its Nomination and Remuneration Committee approved the allotment of Equity Shares to eligible employees who exercised options granted under the DTL Employees Stock Option Plan - 2018. The approval for this allotment was given on June 4, 2026.The company allotted 2,00,000 Equity Shares at a price of Rs. 3/- per share to employees exercising their options. This issuance resulted in an increase in the paid-up equity share capital of the Company.Prior to this allotment, the paid-up equity share capital stood at Rs. 70,34,13,318/-, representing 23,44,71,106 fully paid-up equity shares of Rs. 3/- each. Following...

GST Show Cause Notices Issued to Lakshmi Electrical Control Systems Ltd for Financial Years 2022-2023 and 2023-2024 Lakshmi Electrical Control Systems Limited has received two separate Show Cause Notices from the Office of the Assistant Commissioner, GST, concerning compliance matters for consecutive financial years. The notices pertain to short payment of tax under RCM and other non-compliances.The company is currently working on filing replies and explanations required to substantiate its case regarding these demands.Details of the First Show Cause Notice (Financial Year 2022-2023) The first communication, received on May 7, 2026, pertains to the Financial Year 2022-2023 and involves a demand from GST Authorities totaling Rs...

SPML Infra Ltd Schedules Virtual Investor Meet with Choice Equities on June 12, 2026 SPML Infra Ltd has announced an upcoming virtual meeting for its management team to interact with investors and analysts. The session, scheduled with Choice Equities, is set to take place in June 2026.The Company confirmed the details of the investor engagement, which is intended to provide a platform for discussion between the company's management and the participating institutional entity.Key details regarding the analyst interaction are provided below:DateInstitution NameType of MeetingMode of Meeting12th June 2026Choice Equities - INSIGHTX VIRTUAL FORUM 2026GroupVirtual (10 am - 11 am)The management of SPML Infra Ltd noted that the...

Tinna Rubber and Infrastructure Limited Schedules One-on-One Investor Meeting with 360 One Capital Tinna Rubber and Infrastructure Limited has announced an investor and analyst meeting scheduled for June 5, 2026. The meeting is set to be a one-on-one virtual interaction with the firm 360 One Capital.The session pertains to discussions based on publicly available information regarding the financial and operational performance of Tinna Rubber and Infrastructure Limited. This context applies to the material facts shared in the investor/earnings presentation, which is accessible on company and stock exchange websites. The company confirmed that no Unpublished Price Sensitive Information (UPSI) is intended to be disclosed during this...

Purple Finance Ltd Receives RBI Approval for Acquisition of Control and Shareholding Change Purple Finance Limited has received approval from the Reserve Bank of India (RBI) regarding the acquisition of control and change in shareholding. The company obtained this crucial sanction from the RBI via a letter dated June 03, 2026.The regulatory clearance pertains to proposed transactions involving an open offer and the issuance of Equity Share Warrants. This approval falls under the Reserve Bank of India (Non-Banking Financial Companies - Acquisition of Shareholding or Control) Directions issued in 2025.Purple Finance Limited confirmed that all procedural and regulatory formalities related to these planned transactions will be completed...

Patanjali Foods Submits Response After Receiving Tax Department Show Cause Notice Patanjali Foods Limited reported that it submitted a requisite disclosure to the Stock Exchanges following receipt of a show cause notice (SCN) from the Office of the Deputy Commissioner (S.I.B./Enforcement), State Tax Department, Uttarakhand.The company confirmed that the SCN was received via email on Saturday, May 30, 2026, after standard office hours concluded. The delay in response was attributed to scheduling constraints, as May 31, 2026, was a Sunday, and the relevant officer was on leave on Monday, June 01, 2026.Consequently, Patanjali Foods Limited submitted the necessary information to the Stock Exchanges on Tuesday, June 02, 2026.PATANJALI...

Raconteur Global Resources Schedules Board Meeting to Address Warrants Call and Fundraising Alternatives Raconteur Global Resources Ltd has scheduled a meeting of its Board of Directors to address key corporate matters, including finalizing payments related to convertible share warrants and evaluating various fundraising strategies. The board meeting is set to be held via video conferencing on Tuesday, June 9, 2026.The agenda for the meeting includes issuing a call for payment. This call relates to the balance 75% amount due on the convertible share warrants that were allotted on March 18, 2026. The successful payment of this amount is necessary for the allotment of fully paid-up equity shares.In addition to the warrant payments...

Dr. Mehak Jamwal Resigns from AVP-Operations at Shanmuga Hospital Ltd Shanmuga Hospital Limited announced that Dr. Mehak Jamwal, who served as Associate Vice President (AVP) of Operations, has tendered her resignation due to personal circumstances. The company confirmed the change in its senior management personnel structure.Dr. Jamwal's departure will be effective from the close of business hours on June 4, 2026, marking her cessation from the role at Shanmuga Hospital Limited.The hospital organization noted that she submitted her formal resignation due to personal reasons. During her tenure, Dr. Jamwal held the position of AVP-Operations.Stock Price Movement At 12:34, Shanmuga Hospital Ltd shares are edging higher, climbing to...

Almondz Global Securities Ltd Allots ESOP Shares Leading to Paid-up Capital Increase Almondz Global Securities Limited has announced a significant change in its share capital following the allotment of equity shares under the 'Almondz Global Securities Employees Stock Option Scheme 2007'. The allotment was carried out by the Company's Compensation Committee during a meeting held on June 4, 2026.The company allotted 1,253,002 equity shares, with a face value of Rs. 1/- each, to eligible grantees through Series 'G', 'I', and 'J' of the Employees Stock Option Scheme.This allotment has resulted in an increase in the paid-up share capital of Almondz Global Securities Limited. The total number of equity shares issued by the Company moved...

GHCL Textiles Announces 6th Annual General Meeting and FY2025-26 Report Details GHCL Textiles Limited, formerly Sree Meenakshi Mills, has scheduled its 6th Annual General Meeting (AGM) for shareholders. The AGM is set to be held virtually to transact matters outlined in the notice for the financial year 2025-26.The meeting is scheduled for Saturday, June 27, 2026, at 10:00 a.m. (IST). Shareholders are invited to attend via Video Conference (VC) or other Audio-Visual Means (OAVM).GHCL Textiles Limited has made the Annual Report for FY 2025-26 and the notice for the AGM available on its official company website, www.ghcltextiles.co.in. Shareholders who wish to obtain a physical copy of the Annual Report can contact the company.Key...

CMM Infraprojects Limited Approves Audited Results; Auditor Issues Qualified Opinion on FY2026 Performance CMM Infraprojects Limited has approved and taken on record the audited financial results for both the half-year and the full financial year ended March 31, 2026. The company's performance details were presented along with an independent auditor’s report which rendered a qualified opinion regarding the results.The Board of Directors held a meeting to review these statements.Key Financial Highlights The audited figures present CMM Infraprojects Limited’s financial position for the period ending March 31, 2026. Total Revenue for the full year stood at 433,152 Lakhs, while total expenses were recorded at 632,992 Lakhs. The company...

DCB Bank Issues Demand Notices for Non-Performing Assets Against Multiple Borrowers DCB Bank Limited has issued formal demand notices under Section 13(2) of The Securitization And Reconstruction Of Financial Asset And Enforcement Of Security Interest Act, 2002 (SARFAESI Act), targeting three separate borrowers who have defaulted on their loan facilities. The notices were issued to recover outstanding dues against the mortgaged properties.The bank has initiated these actions after classifying the associated loans as non-performing assets (NPA). A detailed breakdown of the involved parties, the secured assets, and the demanded amounts is provided below.Loan Account No.Borrower/Mortgagor DetailsDemand Notice DateDemanded Amount...

Ajit Narayanan Appointed Chief Technology Officer at Angel One Limited Angel One Limited, recognized as one of India's leading FinTech players, announced the appointment of Ajit Narayanan as its new Chief Technology Officer (CTO).Mr. Narayanan brings over 25 years of experience in building and scaling major technology driven businesses across consumer internet, e-commerce, digital healthcare, and enterprise platforms. His expertise includes platform engineering, artificial intelligence, cloud native architectures, and data led transformation at scale.In his capacity as CTO, Ajit will oversee Angel One's engineering function, focusing on platform architecture, performance, and scalability. He will drive high velocity execution across...

Vishnu Chemicals Achieves Record Financials as Operating Revenues Cross ₹1,600 Crore Milestone Vishnu Chemicals Ltd has reported record annual and quarterly performance, marked by significant growth in revenue, EBITDA, and Profit After Tax (PAT). The company's results reflect strong operational resilience and successful strategic integration initiatives across its specialty chemicals portfolio.The consolidated financials show that Operating Revenues reached 1609.7 ₹ Cr for the Financial Year 2026, up from 1446.5 ₹ Cr in FY25, reflecting an 11.3% growth. Gross Profit stood at 725.6 ₹ Cr in FY26 compared to 651.7 ₹ Cr in FY25, also marking a 11.3% year-over-year increase.The company maintained strong margins throughout the period. The...

Promoter Acquires Shares in Gem Aromatics Limited Through Open Market Transaction Gem Aromatics Limited, a manufacturer and exporter of essential oils and aromatics chemicals listed on the BSE and NSE, has seen its shareholding pattern change following an acquisition by a promoter group member. Mr. Yash Parekh acquired shares in the company through the open market.The transaction occurred on June 02, 2026. The acquisition involved the purchase of 1,43,760 shares carrying voting rights, representing 0.27% of the total share capital at the time of the purchase.Prior to this specific acquisition, Mr. Yash Parekh's holding, along with Persons Acting in Concert (PAC), stood at 47,59,397 shares, which constituted a 9.11% stake in Gem...

Former Director of Shivalik Rasayan Sells 40,000 Equity Shares in Open Market Shivalik Rasayan Ltd announced that Mr. Sanjay Bansal, a former Director and Connected Person, disposed of equity shares through an open market transaction on June 2, 2026. The sale involved 40,000 Equity Shares, valued at Rs. 1,02,41,453.75.The details regarding the stock trading were reported to the company by Mr. Bansal on June 3, 2026. This transaction marked a shift in his shareholding post-disposal.The sale was carried out in the open market. Prior to the disposal, Mr. Bansal held 2,00,000 equity shares, representing a 1.27% stake in the company. Following the transaction, his holding stood at 1,60,000 equity shares, corresponding to a 1.01%...

Indri Single Malt Launches 'Ilika,' an Exclusive Travel Retail Expression Indri Single Malt, a rapidly growing Indian whisky brand, has launched Indri Ilika, a travel retail exclusive expression designed for discerning global travelers. The launch reinforces the brand's commitment to innovation within the Indian whiskymaking industry.Indri Ilika is crafted near the foothills of the Himalayas and is matured in a unique combination of Ex-Spanish Sherry and Ex-American Bourbon oak casks. This results in an elegant and rewarding whisky that balances tropical fruit richness, gentle smokiness, and remarkable depth.Derived from the Sanskrit word Ilika, which symbolizes the earth and its hidden treasures, the expression reflects the...

Marine Electricals Reports Robust FY26 Performance, Highlighting Growth in Defence and Data Centre Sectors Marine Electricals (India) Ltd., a leader in integrated electrical and automation solutions for the marine and industrial sectors, announced its financial results for the financial year and quarter ending March 31, 2026. The company reported strong operational and financial performance across all segments, driven by demand in defence, data centres, and infrastructure projects.The Consolidated Financials show significant growth for Marine Electricals (NSE: MARINE) for FY26, with a focus on expanding profitability alongside top-line revenue increases.Financial Highlights The company reported the following consolidated financial...

Savy Infra and Logistics Reports Financial Results for FY2026; Revenue from Operations Reaches 63,827.6 Lakhs Savy Infra and Logistics Limited, which was previously known as "Savy Infra and Logistics Private Limited" and "Shubhangi Metal Private Limited," has released its audited financial results for the year ended March 31, 2026. The company reported figures related to its operations in trading iron ore, coal, quarzite, manganese sulphate, and logistics services, as well as civil construction of government and semi-government properties on a sub-contract basis.The Board of Directors had reviewed and approved the audited financial results for the quarter and the entire year ended March 31, 2026, along with the Statutory Auditors...