Markets

Sadhav Shipping Places Order for Four High-Speed Composite Pilot and Security Boats Mumbai, June 01, 2026: Sadhav Shipping Limited, an integrated maritime services company, has announced the placement of a firm order for four new FRP composite pilot and security boats. The vessels will be built by A.H. Wadia Boat Builders, marking a significant milestone in Sadhav Shipping's expansion into the port services segment, following the company’s recent contract win for pilot and security boat operations at a major Indian port.The new boats are designed for critical pilotage and maritime security operations. Each vessel will measure 18 metres in length and is engineered to deliver speeds exceeding 20 knots. These specifications are intended...

Repono Ltd Announces FY 2025-26 Results and Board Committee Updates Repono Ltd, formerly known as Repono Private Limited, announced the outcomes of its Board of Directors meeting held on May 23, 2026. The board considered and approved key operational matters alongside the release of audited financial results for the half year and the full year ended March 31, 2026.Corporate Governance and Appointments At the board meeting, several key appointments and re-appointments were finalized:Director Re-appointment: Mr. Sivaraman Gopalakrishnan (DIN: 01058905), a director liable to retire by rotation, offered himself for re-appointment, subject to shareholder approval at the ensuing Annual General Meeting (AGM). Internal Auditor: M/s. SDA &...

Repono Limited Announces Audited Financial Results for FY 2025-26 Repono Limited, formerly known as Repono Private Limited, has released its audited financial results for the half year and the full financial year ended March 31, 2026. The company’s Board of Directors approved the financials during a meeting held on May 23, 2026. The auditor's report provided an unmodified opinion on both the standalone and consolidated financial results.The consolidated results present a summary of the Group's performance, including the Holding Company and its subsidiary, Repono Terminal Private Limited.Key Financial Highlights (Consolidated) The company’s Standalone and Consolidated Statements of Profit and Loss for the year ended March 31, 2026...

Sadhana Nitrochem Limited Allots Equity Shares on Preferential Basis at ₹ 2.06 Per Share Sadhana Nitrochem Limited announced the issue and allotment of Equity Shares to investors on a preferential basis, effective June 1, 2026. The company plans to allot 6,75,00,000 Equity Shares, each having a face value of Re. 1.The pricing mechanism for the preferential allotment was determined following a valuation discovery process conducted in consultation with the National Stock Exchange of India Limited.The company confirmed that the issue/allotment price of the equity share remains at ₹ 2.06 per equity share, which is higher than the floor price calculated for the transaction.Pricing Basis Details The determination of the floor price and...

Tarmat, Mercury, and Unicorn Corp Report Quarterly and Half-Yearly Financial Results Indian companies continued to release audited and unaudited financial results, with major firms reporting performance data for the period ending March 31, 2026. Financial results were available for multiple sectors, including pharmaceuticals and infrastructure.Tarmat Limited Financial Performance Tarmat Limited provided consolidated financial results, reporting figures for the quarter and the full year ended March 31, 2026.The consolidated financial results, reported in Lakhs, reflect the following operational highlights:PeriodRevenue from OperationsProfit after TaxQuarter Ended 31.03.20264246.00327.11Quarter Ended 31.03.20253795.2357.07...

Takyon Networks Ltd Wins Work Order Worth Rs. 60,50,000 from Hindustan Aeronautics Limited Takyon Networks Ltd announced on June 1, 2026, that it has secured a work order from Hindustan Aeronautics Limited (HAL). The contract is for providing a Comprehensive Annual Maintenance Contract and is valued at Rs. 60,50,000.The order was awarded by Hindustan Aeronautics Limited, Kanpur, and relates to a Comprehensive Annual Maintenance Contract. The contract terms specify a period of 24 months from the date of acceptance of the Order, with all work to be executed according to the defined scope of work or the GEM contract.The transaction was identified as a domestic order, and company sources confirmed that the order does not involve any...

Shyam Metalics and Energy Completes Employee Option Exercise under ESOP Scheme Shyam Metalics and Energy Limited reported the exercise of options by eligible employees under the SMEL Performance ESOP Scheme (ESOP - 2023). The company's Nomination and Remuneration Committee (NRC) approved the exercise of these options and the consequent allotment of equity shares during a meeting held on June 1, 2026.The ESOP Scheme, administered under the SMEL Employee Stock Incentive Plan - 2023 (ESIP - 2023), facilitates option exercises through an ESOP Trust, which is authorized to purchase shares from the secondary market.ESOP Scheme Details The initial grant covered 8,76,738 options allocated to 63 eligible employees. These options relate to...

Arunaya Organics Reports Half-Year Results; Audit Highlights Forex and Fund Utilization Observations Arunaya Organics Limited announced the outcome of its Board Meeting held on May 30, 2026, confirming the approval and release of audited financial results for the half and year ended March 31, 2026. The Board also approved the reconstitution of its Stakeholder Relationship Committee and appointed a new Secretarial Auditor.The company released the audited financial results, along with the Auditor's Report, from M/s. Abhishek Kumar & Associates, Chartered Accountants.Audit Observations and Key Audit Matters In the accompanying Independent Auditor's Report, M/s. Abhishek Kumar & Associates confirmed that the Financial Results for the...

Siyaram Recycling Industries Secures Order Worth Rs. 93,52,680 from Radhika Metals Siyaram Recycling Industries Ltd., the company formerly known as Siyaram Impex Pvt. Ltd., has secured a noteworthy order for Brass Scrap from Radhika Metals. The total value of the order stands at Rs. 93,52,680.The contract was awarded by Radhika Metals, categorizing it as a domestic entity. The order is described as a fixed cost transaction for Brass Scrap.Details regarding the significant transaction with Radhika Metals confirm that the total order worth Rs. 93,52,680 is scheduled for execution within 7 Days. The company confirmed that the transaction does not fall under related party dealings, nor does the promoter or promoter group have any...

TECIL Chemicals Receives Compensation Funds Following State Government Land Acquisition TECIL Chemicals and Hydro Power Limited reported the successful receipt of compensation funds related to the acquisition of the company's land by the State Government. The compensation, which pertains to land designated for the expansion of an MC Road, has been credited to the company's bank account.According to the company, the acquisition process involved land belonging to TECIL Chemicals and Hydro Power Limited. This transaction follows an initial deposit by the Special Tahsildar, Land Acquisition (General), Kottayam, regarding the land acquisition.The compensation amount released in favor of the company was reported as Rs 27,15,890/- (Rupees...

Canarys Automations Secures Major Contract Win with Finfactor Technologies for Azure Billing Services Canarys Automations Limited has announced it has secured a significant work order from Finfactor Technologies Private Limited, commonly known as Swiffy Labs. The contract involves providing specialized Azure billing services to the client.The engagement requires Canarys to provide Azure billing services by raising monthly invoices in Indian Rupees (INR) corresponding to the client's Azure service consumption.The contract details highlight the commercial size and scope of the collaboration.ParticularsDetailsCustomerFinfactor Technologies Private Limited (Swiffy Labs)Service ProvidedAzure billing services by raising monthly...

Dr. Agarwal's Health Care and Eye Hospital to Amalgamate in Scheme Under NCLT Order Dr. Agarwal's Health Care Limited (AHCL) is set to amalgamate with Dr. Agarwal's Eye Hospital Limited (AEHL) through a Scheme of Amalgamation. The amalgamation is being conducted following an order by the National Company Law Tribunal (NCLT), and a meeting of the Secured Creditors has been convened to consider and potentially approve the transaction.The meeting for the Secured Creditors of AHCL is scheduled for Thursday, July 02, 2026, at 03:00 P.M. IST. The meeting venue has been set at The Music Academy, T.T.K. Road, Chennai - 600 014.The amalgamation, which will see AEHL stand amalgamated into AHCL, aims to consolidate the businesses of both...

Dr. Agarwal's Group to Merge: Creditors to Approve Amalgamation of AEHL and AHCL Dr. Agarwal's Health Care Limited (AHCL) and Dr. Agarwal's Eye Hospital Limited (AEHL) are undertaking a Scheme of Amalgamation. Unsecured Creditors are scheduled to attend a meeting to consider and approve the scheme, which aims to merge AEHL into AHCL to create a single, stronger entity.The meeting of the Unsecured Creditors of AHCL has been directed by the National Company Law Tribunal (NCLT) to take place on Thursday, July 02, 2026, at 04:00 P.M. IST. The venue for the meeting will be The Music Academy, T.T.K. Road, Chennai - 600 014.The amalgamation involves merging AEHL with AHCL, making the former an undertaking vested in the latter.Key Terms...

Identixweb Posts Strong Financial Results for FY26, Highlights AI-Driven E-Commerce Expansion Identixweb Ltd. has announced its audited standalone and consolidated financial results for the half year and the full year ended March 31, 2026. The company reported robust growth across key financial metrics, driven by its focus on high-yield SaaS solutions for the global e-commerce market.The financial results show significant year-on-year improvements, with total revenues for the full year FY26 reaching ₹ 1,304.7 lakhs.Financial Performance Analysis The company's performance across the reporting periods can be summarized as follows:Metric (₹ Lakhs)H2 FY26H2 FY25H2 Change (%)FY26FY25YoY Change (%)Revenue from...

Eicher Motors' Subsidiary VE Commercial Vehicles Reports Sales Volumes for May 2026 Eicher Motors Ltd has released detailed sales volume data for its unlisted subsidiary, VE Commercial Vehicles Limited (VECV), covering the month of May 2026. The data provides a comprehensive overview of the company's performance across domestic and international markets.The reported figures illustrate the sales volume for various segments, including Total Eicher Trucks and Buses, Domestic sales, Exports, and specialized vehicle types like Volvo Trucks and Buses.VECV Sales Volume Data Overview The following table summarizes the sales volumes for VE Commercial Vehicles Limited, comparing actual figures for May 2026 and May 2025, alongside Year-to-Date...

CASHurDRIVE Secures Multiple Mandates Across Media and EV Charging Infrastructure Cash Ur Drive Marketing Limited, a prominent transit media and mobility solutions company, has announced the successful acquisition of several business mandates, signalling continued business momentum and strengthening its revenue visibility. The developments span outdoor advertising, Out-of-Home (OOH) media services, and the rapidly growing domain of EV charging infrastructure operations.The multiple mandates award the company a mix of long-term operational visibility alongside near-term execution opportunities, thereby expanding its business pipeline and client portfolio.Key Business Engagements Detailed The company confirmed receiving three major...

BWL Ltd Approves FY26 Annual and Quarterly Financials; Board Reviews Budget 2026-27 BWL Ltd announced that its Board of Directors approved the quarterly financial statements for the quarter ended March 2026, along with the annual financial statements for the year ended March 2026. The board meeting, which took place on May 30, 2026, also approved the Budget for the financial year 2026-27.During the meeting, the board also passed resolutions to approve the calling of an Annual General Meeting (AGM), which will be held in online/hybrid mode on the NSDLicDSL platform. Ms. Soma Saha, PCS, Kolkata, was appointed as the scrutinizer for the meeting. Furthermore, the board approved fielding resolutions for borrowing from related and...

Magellanic Cloud Adds Rs 7.64 Crore South Central Railway Contract to Public Sector Order Pipeline Hyderabad, June 1, 2026 — Magellanic Cloud Ltd (NSE: MCLOUD | BSE: 538891), a global technology company specializing in digital transformation, artificial intelligence (AI), cloud computing, and surveillance solutions, announced that its wholly owned subsidiary, Provigil Surveillance Limited, secured a Letter of Acceptance (LOA) from South Central Railway, Nanded Division. The contract, with an aggregate value of approximately Rs 7.64 Crore, pertains to the implementation of an IP-based Video Surveillance System.The scope of the project covers Stabling Lines, Washing Yards, and Pit Lines across the Nanded Division. The work mandate...

SAR Televenture Initiates Open Offer for Grand Foundry Limited with Revised Timeline and Financial Updates D & A Financial Services (P) Limited, acting as the Manager, released a Corrigendum to the Detailed Public Statement concerning the Open Offer of Grand Foundry Limited. The offer is being made by M/s SAR Televenture Limited (the Acquirer) under applicable takeover regulations. The updated document details the revised schedule of activities, along with financial summaries for both the Acquirer and the Target Company.The notice confirms that the original schedule of activity related to the Open Offer has been revised. Key dates for the process, as detailed in the revised schedule, include:ActivityOriginal ScheduleRevised...

Crestchem Ltd. Announces Financial Results for FY 2026; Recommends Dividend and Confirms Subsidiary Investment Crestchem Ltd. has announced the outcome of its Board of Directors meeting, detailing its Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. The board meeting also included the recommendation of a final dividend and major approvals related to corporate structure and management appointments.Financial Results Summary The company reported significant growth across its financials for the year ending March 31, 2026. The audited results show the following key figures for the quarter and the full fiscal year.The table below outlines the Standalone and Consolidated Financial Results...