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Punjab Communications Appoints Mr. Tony Bansal as New Chief Financial Officer Punjab Communications Ltd. announced a change in its senior financial leadership, confirming the appointment of Mr. Tony Bansal as the new Chief Financial Officer (CFO) of the company. The transition is effective from June 1, 2026.The change was formalized following a decision by the Board of Directors during its 239th Board Meeting, which took place on May 20, 2026.In this role transition, CA Ajay Aggarwal ceased serving as the CFO of the company. His tenure concluded due to superannuation, effective May 31, 2026.Mr. Tony Bansal, who is an existing regular employee of Punjab Communications Ltd., assumes the role of Chief Financial Officer. He holds an...

Studio LSD Limited Approves Financial Results, Re-appoints Key Personnel Studio LSD Limited announced on May 30, 2026, that its Board of Directors held its quarterly meeting and approved the company's financial results for the half-year ended March 31, 2026, along with the Annual Report for the year ended March 31, 2026. The Board also approved the re-appointment of its Internal Auditor and addressed disclosures regarding Related Party Transactions (RPT).The company released detailed financial statements, including the Balance Sheet, Profit and Loss Account, and Cash Flow Statement, providing an overview of its financial position.Financial Performance Highlights The statement of standalone financial results for the year ended March...

LIC Allots Bonus Equity Shares Following Board Committee Meeting Life Insurance Corporation of India (LIC) announced the allotment of bonus equity shares following a meeting of its Stakeholders' Relationship Committee. The move substantially increased the paid-up equity share capital of the corporation.The Stakeholders' Relationship Committee of the Board of the Corporation allotted a total of 632,49,97,701 equity shares, each having a face value of Rs. 10.The allotment was structured as a 1:1 bonus ratio, granting one fully paid-up bonus equity share of Rs. 10 face value for every one existing fully paid-up equity share of Rs. 10 face value held by eligible members.The allotment was made to eligible members whose names appeared...

Tata Technologies Secures SAP PartnerEdge Sell Authorization to Bolster Enterprise and AI-Led Transformation Capabilities Tata Technologies Limited, a global product engineering and digital services company, announced on June 1, 2026, that it has secured SAP PartnerEdge Sell authorization across both India and the United States. This achievement significantly strengthens the company's strategic position within the SAP ecosystem.The authorization marks a key evolution in Tata Technologies' go-to-market strategy. The firm is transitioning from a services-led model to a solution-led, outcome-driven approach. Under this model, Tata Technologies will lead customer engagements across the entire lifecycle, encompassing solution advisory...

RBI Launches Crucial 2025-26 Survey to Gauge ITES and Software Export Health The Reserve Bank of India (RBI) has commenced the annual data collection cycle by launching its survey on Computer Software and Information Technology Enabled Services (ITES) Exports for the period 2025-26. This critical exercise mandates data submissions from all entities engaged in IT export services. The aggregated findings derived from this survey will be disseminated in the public domain. Furthermore, the data will be instrumental in compiling India's comprehensive external sector statistics.Scope and Significance of the ITES Export Data The survey is designed to collect detailed information across multiple facets of India’s digital economy. It covers...

Hindustan Petroleum Appoints New Chief Financial Officer, Restructures Directorate Hindustan Petroleum Corporation Ltd has announced changes in its Directorate and the appointment of a new Chief Financial Officer (CFO), effective June 1, 2026.The company reported the superannuation of Shri Rajneesh Narang, who held the position of Director - Finance and CFO, effective May 31, 2026.In the interim, the Ministry of Petroleum & Natural Gas had previously conveyed that the Competent Authority approved the entrustment of additional charge of the Director-Finance post to Shri K S Shetty, Director Human Resources. Consequently, Shri K S Shetty assumed the additional charge of Director - Finance effective June 1, 2026, for a period of three...

Puravankara Signs JDA for 11.23-Acre Land Parcel in North Bengaluru, Targeting Potential GDV of Rs 1,100 crore Puravankara Limited, a leading real estate developer in India, has entered into a Joint Development Agreement (JDA) for a significant 11.23-acre land parcel located in Doddagubbi, North Bengaluru. This residential apartment project has been assessed with an estimated gross development value (GDV) of Rs 1,100 crore. The development is expected to yield a developable area of approximately 0.74 msft.The strategic expansion aligns with Puravankara’s continued focus on high-demand urban corridors. Doddagubbi, North Bengaluru, is positioned within a rapidly evolving corridor, benefiting from strategic access to major areas...

RBI Launches Critical 2025-26 Survey: What Mutual Funds Must Know About Foreign Assets Compliance The Reserve Bank of India (RBI) has officially initiated the annual Survey on Foreign Liabilities and Assets of Mutual Funds for the 2025-26 cycle. This mandatory reporting exercise is critical for mapping the external financial exposures of the country’s mutual fund industry. The survey collects detailed information regarding the external assets and liabilities held by mutual funds.The aggregated results from this survey are crucial. They serve as foundational data used by the RBI for compiling and maintaining comprehensive statistics on India's external sector.Understanding the Mandate and Scope The survey requires mutual funds to...

Steel Strips Wheels Limited Reports 18% Year-on-Year Sales Growth for May 2026 Steel Strips Wheels Limited (SSWL) reported a strong operational performance for May 2026, highlighting notable growth across its core product segments and aligning with positive trends in the broader automotive sector.Financial Performance Summary During the month of May 2026, the Company achieved a robust top-line trajectory, primarily driven by domestic demand.The financial performance data for May 2026 compared to May 2025 is summarized below:MetricMay 2026May 2025YoY GrowthNet TurnoverRs. 485.98 CroresRs. 410.35 Crores18.4%Gross TurnoverRs. 560.03 CroresRs. 500.76 Crores11.84%Segment-Wise Value and Volume Analysis The company's sales...

National Company Law Tribunal Allows First Motion Application for Ramco Windfarms Limited The Ramco Cements Limited confirmed that the National Company Law Tribunal (NCLT), Chennai Bench, issued an order regarding Ramco Windfarms Limited's applications.The NCLT, Chennai Bench, passed its order on May 27, 2026. This order allowed the first motion application filed by Ramco Windfarms Limited. Additionally, the Tribunal directed the company to file the second motion application within a period of 14 days from the date of receipt of the order.RAMCOCEM Stock Price Movement As of 10:19 AM, shares of The Ramco Cements Limited are slipping by 0.51% in live trading, currently at ₹866.75. The stock has plummeted to its 52-week low amidst...

Sunrise Efficient Marketing Announces Audited Financial Results for Year Ended March 31, 2026 Sunrise Efficient Marketing Limited (CIN: U29100GJ2020PLC114489) has released its audited consolidated financial results for the year ended March 31, 2026. The company’s financial reports include the Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement for the period.The Company received an unmodified opinion on the consolidated financial statements for the year ended March 31, 2026.Financial Performance Highlights The Statement of Profit and Loss for the period October 2025 to March 2026 reported a profit of 984.96 Lakhs. Earnings per equity share were 5.30 (Basic) and 5.08 (Diluted).The consolidated financial statements...

Vipul Organics Announces Annual Financial Results for FY 2025-2026 Vipul Organics Limited, a leading Specialty Chemicals company in the Pigments and Dyes segment, announced its audited financial results for the quarter and financial year ending March 31, 2026.The company reported significant year-on-year growth across key financial metrics. On a standalone basis, the Profit After Tax (PAT) surged by 148.59% in Q4 FY26 compared to Q4 FY25.Financial Highlights for FY 2025-2026 The annual financial results show robust performance across the fiscal year.Key Annual Results (Standalone Basis):Total Revenue: ₹17,539.57 Lakh (up 7.74% from ₹16,280.01 Lakh in FY 2024-25). Profit Before Tax (PBT): Surged 50.24% to ₹954.92 Lakh. Profit...

Executive Director of Bharat Petroleum Corporation Ltd Superannuates Bharat Petroleum Corporation Ltd announced on June 1, 2026, that Shri Manoj K., Executive Director, Biofuels & Major Projects (E&P), has superannuated from the company's services. The director concluded his tenure with the corporation on May 31, 2026.BPCL Stock Price Movement As of 10:08 AM, Bharat Petroleum Corporation Limited shares are slipping by 0.70% in live trading, currently hovering around ₹296. Trading activity is supported by a volume of 915,515 shares as the market processes the mid-morning trade.

MCX Launches 'Silver 100' Futures to Enhance Bullion Derivatives Portfolio Multi Commodity Exchange of India Limited (MCX), India's leading commodity derivatives exchange, has launched 'Silver 100' futures, significantly expanding its portfolio of high-volume bullion contracts. The introduction aims to meet market demand for a contract structure that better aligns with the operational needs of India's silver industry.Commenting on the expansion, Ms. Praveena Rai, Managing Director & CEO, MCX, stated that the Silver 100 Futures contract offers crucial protection against price volatility for businesses in India's silver sector. The new contract allows local jewellery businesses to hedge or take delivery in quantities that better match...

Jupiter Wagons Reports Financial Results for Q4 and FY26, Posts ₹2,961 Crore Total Income Jupiter Wagons Limited, a provider of comprehensive mobility solutions across rail, road, and marine transportation, has announced its financial results for the fourth quarter and year ended March 31, 2026. The company reported a consolidated total income of ₹2,961 crore and a Profit After Tax (PAT) of ₹166 crore for the full fiscal year 2025-26.The company reported a consolidated PAT of ₹27 crore in Q4 FY26. Consolidated EBITDA for the quarter stood at ₹83 crore, achieving an EBITDA margin of 10.7%. For the full fiscal year 2025-26, the consolidated EBITDA was ₹362 crore, reflecting an average EBITDA margin of 12.4%.Financial Performance...

Superhouse Limited Announces Financial Results and Recommends Final Dividend for FY2025-26 Superhouse Limited, a Government of India recognized Export Trading House, announced the outcomes of its Board of Directors meeting held on May 30, 2026. The Board considered and approved the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.The statutory auditors, Kapoor Tandon & Co., Chartered Accountants, issued an unmodified opinion on the audited financial results for both the Standalone and Consolidated entities.Financial Performance Highlights Standalone Financial Results The standalone results for the quarter and the year ended March 31, 2026, reflect the company's financial...

Mahindra Group Reports Strong Performance Across Auto, Farm Equipment, and Trucks in May 2026 Mahindra & Mahindra Ltd. reported robust sales figures across its core businesses, including Passenger Vehicles, Tractors, and Trucks, for May 2026. The company noted sustained demand across its diverse portfolio, with notable year-over-year growth in multiple segments.Auto Sales Figures for May 2026 M&M Ltd. announced that its overall auto sales for May 2026 reached 99,636 vehicles, marking a 20% year-over-year (YoY) growth, including exports. In the Utility Vehicles segment, the company sold 58,021 vehicles in the domestic market, reflecting an 11% growth, and 59,573 vehicles overall, including exports. Domestic sales for Commercial...

Rajputana Stainless Limited Crosses Rs. 1,000 Crore Revenue Milestone; FY-26 Net Profit Rises 25.01% Rajputana Stainless Limited, a leading stainless steel manufacturer, announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported that its revenue from operations crossed the Rs. 1,000 crore mark, while the net profit for the fiscal year (FY26) increased 25.01% year-on-year (Y-o-Y) to Rs. 49.82 crore.The company’s robust performance reflects consistent operational excellence and disciplined growth across its business segments.Financial Performance Highlights For the financial year ending March 31, 2026, Rajputana Stainless Limited reported key financial figures significantly...

Kati Patang Lifestyle Announces Strategic Pivot, UK Stakes Increase, and Spirits Market Entry Kati Patang Lifestyle Ltd recently reported on a year of significant strategic expansion, deepening its footprint across India, and making a notable pivot into the premium spirits and wines market. The company highlighted its efforts to build a comprehensive beverage platform, moving beyond its core craft beer identity.During the financial year 2025-26, the company recorded substantial developments, including the launch of its Freedom Larger Motoverse Edition in Goa, marked by a culture-first market entry in collaboration with Royal Enfield. This debut product was showcased at the Motoverse 2025 festival in Goa. The brand plans to expand...

Escorts Kubota Reports Strong Volume Growth in Agri and Construction Equipment Markets Faridabad, June 1, 2026: Escorts Kubota Limited has reported strong sales volumes for its major business divisions for May 2026. The Agri Machinery Business registered significant growth, while the Construction Equipment Business also showed robust performance, reflecting continued demand in both agricultural mechanization and infrastructure sectors.Agri Machinery Business Performance In May 2026, the Agri Machinery Business Division of Escorts Kubota Limited sold 12,310 tractors, marking a growth of 18.9% compared to the 10,354 tractors sold in May 2025.Domestic tractor sales specifically reached 11,887 tractors, demonstrating a 22.5% growth...