Markets

Graviss Hospitality Ltd Approves Appointment of Amrit Mirpuri as Additional Director The Board of Directors of Graviss Hospitality Ltd held a meeting on Monday, June 01, 2026, and approved key personnel changes, including the appointment of Mr. Amrit Mirpuri as an Additional Director.The Board noted the appointment of Mr. Amrit Mirpuri (DIN: 00250898) as an Additional Director (Non-Executive and Non-Independent Director) effective June 01, 2026.Mr. Amrit Mirpuri brings extensive experience to the role, having accumulated approximately 35 years of diverse professional knowledge in real estate development and construction management. His professional background includes deep contacts with suppliers, vendors, Original Equipment...

Manav Infra Projects Secures Revised Work Order for Mumbai Project Worth Rs. 12 Crore Manav Infra Projects Limited has secured a revised and fresh work order for infrastructure development in Mumbai. The new contract is with Kanakia Transparent Developers Private Limited for infra works related to the Shree Mohan CHSL project, located at Janeshwar CHS, Borivali, Mumbai-400091.The company announced the significant increase in the project value, citing changes in the project scope and an extension of work at the site.Previously, Manav Infra Projects had received a work order for the Mumbai project amounting to Rs. 7,23,96,812/- (Rupees Seven Crores Twenty Three Lakhs Ninety Six Thousand Eight Hundred and Twelve Only). This initial...

Shree Tirupati Balajee Agro Trading Company Ltd. Board Approves Financial Results for FY Ended March 31, 2026 Shree Tirupati Balajee Agro Trading Company Ltd., a manufacturer of HDPE / PP WOVEN SACKS, FIBC / JUMBO BAGS, BOPP / NON WOVEN BAGS, and TARPOLINE, has announced that its Board of Directors approved the audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended March 31, 2026. The company, formerly known as Shree Tirupati Balajee Agro Trading Company Private Limited, operates as an ISO Certified 9001-2015 company.The Board of Directors convened its meeting on Friday, May 29, 2026, to review and approve the financial performance. During the meeting, the Board approved the audited...

Natural Capsules Limited Corrects Rights Issue Details for Material Subsidiary Natural Capsules Limited has issued a correction regarding the details of a Rights Issue, which was initially reported following the Board Meeting of its material unlisted subsidiary, Natural Biogenex Private Limited.The correction addresses a typographical and clerical error concerning the total number of equity shares involved in the approved Right Issue.The previous intimation had incorrectly stated the total number of equity shares as 11,11,200. Natural Capsules Limited has confirmed that the final, revised figures are as follows:DetailCorrected FigureCorrected Number of Equity Shares offered11,11,205 Equity Shares of Rs. 10/- eachCorrected...

Bharatiya Global Infomedia Appoints Deepak Srivastava as Independent Director, Jamuna Prasad Sharma as CFO Bharatiya Global Infomedia Ltd has announced significant key personnel changes, appointing Mr. Deepak Srivastava as an Independent Director and naming Mr. Jamuna Prasad Sharma as the Company's Chief Financial Officer (CFO). Both appointments are effective from May 29, 2026.The board changes enhance the company's management structure, with Mr. Srivastava joining as an Independent Director, and Mr. Sharma joining as a Whole-Time Key Managerial Personnel (KMP) in the CFO role.Key Appointments and Profiles The company provided details regarding the appointees, confirming their roles, effective dates, and professional backgrounds...

Ashok Ramachandran Appointed President, India Business, to Strengthen Suzlon's Renewable Energy Push Suzlon Group has announced the appointment of Mr. Ashok Ramachandran as the new President, India Business, and Senior Managerial Personnel, effective June 4, 2026. The strategic appointment aims to bolster Suzlon's growth and execution capabilities as the company accelerates its transition into a full-stack renewable energy provider. Mr. Ramachandran will report directly to Ajay Kapur, Chief Executive Officer, Suzlon Group.Ashok Ramachandran brings over two decades of global leadership experience spanning energy, industrial products, and vertical mobility across India, Southeast Asia, and Australia. He is recognized for his ability to...

Avantel Limited Schedules 36th Annual General Meeting for FY 2025-26 Avantel Limited announced that its 36th Annual General Meeting (AGM) is scheduled to take place on Wednesday, June 24, 2026. The meeting is set to begin at 11:00 A.M. (IST) and will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).The primary focus of the meeting involves the presentation and adoption of the Annual Report for the Financial Year (FY) 2025-26.Annual Report Availability The Notice of the AGM, along with the Annual Report for FY 2025-26, is accessible digitally for shareholders. The materials can be found on the Company’s investor website at www.avantel.in/investors.In addition to the company portal, the Annual Report...

Power Finance Corporation Limited Reports Change in Senior Management Power Finance Corporation Limited has reported a change in its senior management positions. The corporation announced that Executive Director Shri G. Jawahar has retired from his service.The retirement occurred on the grounds of superannuation. The change in the senior management structure took effect on May 31, 2026 (A/N).The key details regarding the senior management change are as follows:ParameterDetailsExecutive DirectorShri G. JawaharReason for ChangeAttaining the age of superannuationDate of ChangeMay 31, 2026 (A/N)PFC Stock Price Movement As of 12:09 PM, shares of Power Finance Corporation Limited are slipping by 0.61% in live trading...

Innovative Tyres & Tubes Approves New Director and Reviews Half-Year Financial Results Innovative Tyres & Tubes Limited announced key governance updates and considered its financial performance during a Board of Directors meeting held on May 30, 2026. The Board approved the company's Audited Financial Results for the Half Year and year ended March 31, 2026.In significant corporate governance developments, the Board unanimously approved the appointment of Mr. Kamlesh Joshi (DIN: 01783387) as an Independent Director. The appointment aims to strengthen the Board's composition and enhance corporate governance. The Board also approved the appointment of Ms. Sneh Chauhan as Chairman of the Audit Committee. The Board noted that Mr...

Petronet LNG Announces Record Date for Final Dividend of Rs. 3.00 Per Share Petronet LNG Ltd announced that the record date for determining entitlement to its final dividend for the financial year 2025-26 has been fixed. The company stated that the final dividend, amounting to Rs. 3.00 per share, has been recommended by the Board of Directors.The Board of Directors had recommended this final dividend during its meeting held on May 4, 2026.Petronet LNG confirmed that the record date for the equity shares, which have a face value of Rs. 10/- each, has been set as Friday, June 12, 2026.The payment of the recommended final dividend is contingent upon its approval at the ensuing Annual General Meeting (AGM). If the dividend is approved...

Persistent Systems to Expand Eastern European Presence to Advance AI-Led Platform Transformation Persistent Systems, a global Digital Engineering and Enterprise Modernization leader, announced an agreement to expand its presence in Eastern Europe. The move involves integrating a specialized team of more than 90 professionals from Concise, a software engineering and IT consulting firm based in Tallinn. This strategic expansion is designed to strengthen Persistent's European nearshore delivery network, helping enterprises evolve large-scale digital infrastructure and support globally integrated operations.The announcement, made on June 1, 2026, outlines Persistent's continued commitment to strengthening its position in the rapidly...

Chartered Capital & Investment Ltd Gains SEBI Approval for Merchant Banking Registration Surrender Chartered Capital & Investment Ltd has received approval from the Securities and Exchange Board of India (SEBI) for the surrender of its Merchant Banking Registration certificate.The company announced that SEBI approved the application for the surrender via an email dated June 01, 2026.The approval follows the company's previous communication regarding the matter, which was originally intimated on April 03, 2026. This confirmation marks the official process of concluding the company's Merchant Banking Registration status.Stock Price Movement As of 11:18, shares of Chartered Capital & Investment Ltd are dipping, trading at ₹246.00...

Asian Granito India Reports Strong Financial Performance with Net Profit Jumping 89.69% in FY26 Ahmedabad, 1 June, 2026: Asian Granito India Limited (AGL), a major Luxury Surfaces and Bathware Solutions brand, has reported a robust financial and operational performance for the fiscal year ended March 31, 2026. The company announced that its consolidated net profit after tax saw a significant surge of 89.69% year-over-year (Y-o-Y), reaching Rs. 18.74 crore.The company's growth trajectory for FY26 was supported by strong market demand, operational efficiency improvements, and an enhanced product mix across domestic markets.Financial Highlights Asian Granito India’s financial performance, when consolidated, shows substantial growth...

TVS Motor Records Sales Milestone of 566,585 Units in May 2026, Driven by 31% Growth Bengaluru, June 1, 2026: TVS Motor Company (TVSM), a major player in the two and three-wheeler market, reported recording monthly sales of 566,585 units in May 2026. This marks a significant achievement, representing a 31% sales growth compared to the 431,275 units recorded in May 2025.The company’s performance across key segments highlights robust growth, particularly in electric vehicles and international business.Segment-Wise Sales Performance TVSM achieved a total two-wheeler sales volume of 543,111 units in May 2026, showing a 31% increase over the 416,166 units sold in May 2025. Within this segment, the Electric Vehicle (EV) market was a major...

Maruti Suzuki Records All-Time High Sales of 242,688 Units in May 2026 New Delhi, June 1, 2026: Maruti Suzuki India Limited announced that in May 2026, the company recorded a total sales volume of 242,688 units, marking its highest monthly sales achievement. Domestic sales also reached an all-time high, totaling 193,535 units.The company's sales breakdown for May 2026 included 7,239 units sold to other Original Equipment Manufacturers (OEMs) and 41,914 units exported.The comprehensive sales figures for May 2026, covering domestic, export, and OEM sales, are detailed below:CategorySub-segment / DetailsMay 2026 (Units)Domestic Sales (Units)Export Sales (Units)Total Sales (Units)Total Sales(Total Domestic +...

VST Tillers Tractors Ltd. Reports Sales Quantities for Period Ended May 2026 VST Tillers Tractors Ltd. announced its sales quantities for the period ended May 2026. The figures provide a comparison of sales for the current period and the corresponding year, detailing both Power Tillers and Tractors sold.The sales data for VST Tillers Tractors Ltd., as of June 1, 2026, is presented below:ParticularsFor May-26 (in Nos.)Year to Date (in Nos.)For May-25 (in Nos.)Year to Date (in Nos.)Power Tillers4019713030475050Tractors453825439756Total Power Tillers & Tractors sales (in Nos)4472795534865806VSTTILLERS Stock Price Movement Shares of V.S.T Tillers Tractors Limited are edging higher to ₹4671.9 as of 11:56 AM today, rallying...

Photon Capital Advisors Ltd Announces Quarterly and Year-to-Date Financial Results for March 31, 2026 Photon Capital Advisors Ltd has released its financial results, reporting the performance for the quarter ended March 31, 2026, along with the year-to-date results for the period beginning April 1, 2025, and ending March 31, 2026. The company's Board of Directors approved these results during a meeting held on May 29, 2026.The audited financial statements for the year ended March 31, 2026, and the audited financial results for the quarter ended March 31, 2026, were approved by the company's Board of Directors.Statement of Financial Results The company's performance metrics, presented in Indian Rupees (in Lakhs), reflect the...

Midland Polymers Ltd Open Offer Details Announced Following Committee of Independent Directors Ad Midland Polymers Ltd announced an Open Offer intended to acquire a significant stake in the company. The Open Offer is structured to acquire up to 97,50,000 equity shares of the company, representing 26.00% of the expanded equity and voting share capital.The offer is being made by five individual entities: Gayathri Boreddy (Acquirer-1), Jagannath Edla (Acquirer-2), Radha Krishna Avudari (Acquirer-3), Mahammad Amaan Shaik (Acquirer-4), and Ravi Kiran Veeramalla (Acquirer-5). These individuals are collectively referred to as the "Acquirers."The key terms of the Open Offer are as follows:ParameterDetailTarget CompanyMidland Polymers...

Cotton Import Duty Exempted: Relief for India's Textile and Yarn Industry Mumbai, June 1, 2026: The Indian textile industry has received a significant boost as the Union Government has exempted raw cotton imports from all customs duty and the Agriculture Infrastructure and Development Cess (AIDC). This relief measure is effective from June 1 through October 31, 2026, addressing a structural cost barrier that previously created disadvantages for domestic manufacturers.The textile and apparel sector is crucial to the nation's economy, contributing 2.3% to the GDP, 13% to industrial production, and 12% to total exports, while employing an estimated 50 million workers. Industry observers note that the duty exemption is expected to reduce...

AstraZeneca Pharma India Announces Departures of Senior Leadership AstraZeneca Pharma India Limited announced the resignation of two senior management personnel who will be pursuing career opportunities outside the company. The departures involve Mr. Ayush Kumar Agarwal and Ms. Shikha Mirchandani Chatrath.Mr. Ayush Kumar Agarwal, who served as Business Unit Director - Biopharmaceutical Business Unit, will conclude his handover period and be relieved of his duties by the close of business hours on June 12, 2026.Separately, Ms. Shikha Mirchandani Chatrath, Director - Commercial Excellence, BD and Strategy, will complete her handover process and exit the organization by the close of business hours on August 3, 2026.The company stated...