Markets

Group Mangalam Launches 'NEAT Everyday,' Entering Nutraceuticals Market with Five Stores in Ahmedabad Mangalam Global Enterprise Ltd has launched 'NEAT Everyday,' a new personal care venture dedicated to bringing ancient wellness into the modern consumer routine. The brand debut is marked by the simultaneous opening of five retail outlets across Ahmedabad, Gujarat, as Group Mangalam enters India's fast-growing nutraceuticals and wellness sector.Drawing on more than eight decades of expertise across agriculture, edible oils, manufacturing, and global trade, the launch aims to integrate traditional wellness wisdom with contemporary lifestyles. NEAT Everyday is positioned to serve consumers who seek natural, transparent products backed...

Baazar Style Retail Ltd Schedules One-to-One Investor Meeting with Haitong Securities Baazar Style Retail Ltd has scheduled a focused meeting with investors and analysts regarding its financial standing and operations. The company announced the details of the session, which is designed for discussions based on publicly available information.The specific investor engagement involves a virtual one-to-one meeting with Haitong Securities. This session is set to take place on June 10, 2026.Key details regarding the scheduled Investor/Analyst meeting are presented below:ParticularsDetailDateJune 10, 2026Investor/Analyst FirmHaitong SecuritiesMode of MeetingVirtualNature of SessionOne-to-OneTime4:00 PM - 5:00 PMThe...

Astra Microwave Products Ltd. Schedules Group Meeting with Analysts in Hyderabad Astra Microwave Products Ltd. has scheduled a Group Meeting for analysts and institutional investors at its Hyderabad facility. The meeting is set to take place on June 11, 2026, and will be organized by Citi India.The engagement provides an opportunity for the company's officials to meet with participants. Discussions will be centered exclusively around publicly available information pertaining to Astra Microwave Products Ltd.Key details regarding the scheduled investor interaction are presented below:Date & TimeNature of MeetingOrganised byPlace11th June 2026, 9:30 AM onwardsGroup MeetingCiti IndiaHyderabadThe management confirmed that no...

RBI Extends Oversight Period for Amanath Co-operative Bank as Regulatory Compliance Deadline is Pushed Out The Reserve Bank of India (RBI) has extended the duration of certain directives issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949, concerning The Amanath Co-operative Bank Ltd., Bangalore. This decision pushes the compliance deadline for the directive by three additional months.The extension was made following an original Directive No. CO.DOS.SED.No.S1931/12-23-001/2024-2025, which had initially set a period ending on June 12, 2026. The RBI determined it necessary in the public interest to prolong the operational period of the directive beyond the original deadline.RBI Extends Key Banking...

Premier Energies Earns Grade A Rating in Wood Mackenzie Global Solar PV Module Ranking 2026 Premier Energies Limited, a prominent integrated solar manufacturer in India, has secured recognition as one of the Top 3 Indian and Top 25 Global Grade A Solar PV Module Manufacturers in the Wood Mackenzie's Global Solar PV Module Manufacturer Ranking 2026. This achievement highlights the company's advanced manufacturing standards, technological proficiency, and strong global standing within the solar industry.The evaluation conducted by Wood Mackenzie assessed a total of 48 module manufacturers operating across 10 countries. These selected companies collectively account for 65% of worldwide production capacity and 83% of global module...

Venus Remedies Limited Secures Renewal of DSIR Recognition for In-house R&D Unit Venus Remedies Limited has secured the renewal of its in-house Research & Development recognition from the Department of Scientific and Industrial Research (DSIR), Government of India. The renewal pertains to the company's dedicated R&D unit, the Venus Medicine Research Centre (VMRC).The DSIR recognition is granted to organizations that operate a specific in-house R&D unit, provided they possess defined research objectives, qualified scientific staff, and separately accounted R&D expenditure. This renewed status confirms that VMRC continues to meet these stipulated conditions for maintaining its high standard of dedicated research.This crucial...

RDB Infrastructure And Power Ltd Appoints Cost Auditor and Recommends Postal Ballot for MD Regularization RDB Infrastructure And Power Ltd, formerly known as RDB Realty & Infrastructure Limited, announced significant corporate decisions following its Board meeting held on June 4, 2026. The Board approved the appointment of a new Cost Auditor and initiated proceedings seeking members' approval through a Postal Ballot regarding the regularization of the Managing Director's position.The company confirmed that M/s Sohan Lal Jalan and Associates, a specialized accounting firm, has been appointed as the Cost Auditor for the company. This appointment is subject to ratification by the members at the ensuing Annual General Meeting...

IRB Infrastructure Developers to Hold Investor Meeting on June 10, 2026 IRB Infrastructure Developers Limited has scheduled a group meeting for its senior management team to meet with investors and analysts. The investor conference is set to take place virtually on June 10, 2026, and will be hosted by Choice Institutional Equities.The meeting provides an opportunity for the company's senior management to connect with the investment community. In relation to this event, the company has stated that no material unpriced information (UPSI) is expected to be shared during the scheduled investor session.The schedule of the investor conference remains subject to change.IRB Stock Price Movement IRB Infrastructure Developers Limited today...

Pajson Agro Appoints Cashew Industry Veteran Mr. Vu Thai Son as Strategic Advisor Pajson Agro India Limited, an integrated cashew processing and distribution company, has appointed Mr. Vu Thai Son as a Strategic Advisor to accelerate the company’s global growth strategy. The move aligns with Pajson Agro's long-term vision of establishing itself as a globally competitive and vertically integrated cashew enterprise.Mr. Vu Thai Son is highly respected in the cashew industry, bringing over three decades of experience. He is considered one of the first-generation pioneers of Vietnam's modern cashew sector. His career began in 1991 with Vinalimex, the Vietnamese government authorized organization overseeing the cashew industry. In 1994, he...

Maruti Suzuki Launches India's First Flex-Fuel Car, Aiding National Energy Security New Delhi, 04 June 2026: Maruti Suzuki India Limited introduced India's first flex-fuel car on the eve of World Environment Day. The launch was held in the presence of Hon'ble Minister of Road Transport and Highways, Shri Nitin Gadkari, and Hon'ble Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri.The company unveiled this innovation in alignment with national energy security and sustainability goals. Maruti Suzuki is introducing flex-fuel technology to its Wagon R model, a brand that has long pioneered alternate fuel vehicles in India, including CNG and LPG. This flexibility allows customers to run the vehicle on any blend of ethanol and...

Corrigendum Issued for Sharp India Open Offer as Smart Services Acquires Shares A corrigendum regarding the Detailed Public Statement (DPS) was issued by Navigant Corporate Advisors Limited, acting on behalf of Smart Services Private Limited, concerning its open offer for acquiring equity shares of Sharp India Ltd. The offering seeks to acquire up to 64,86,000 equity shares of Rs. 10/- each, representing 25.00% of the fully paid-up and voting share capital of Sharp India Ltd.The corrigendum details updates related to the offer for the stakeholders of Sharp India Ltd., which was first published in Financial Express (English), Jansatta (Hindi), Navshakti (Marathi, Mumbai edition), and Loksatta (Marathi, Pune edition) on April 21, 2026...

Regency Fincorp Closes Private Placement of INR 10 Crores in Debenture Funding Regency Fincorp Ltd, previously known as Regency Investments Limited, has completed the allotment of Non-Convertible Debentures (NCDs) totaling INR 10,00,00,000 through a private placement. The transaction was approved following the Board Meeting held on June 2, 2026.The company successfully raised INR 10 Crores by issuing 1,000 Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs). Each debenture has a face value of INR 1,00,000. The entire allotment was made to LC Venture Debt Fund.The NCD tranche is secured against the company’s assets and includes specific covenants regarding repayment terms. Key details of the debt instrument were...

Grovy India Board Meeting Scheduled to Address Capital Increase, Dividend Recommendation, and AGM Planning Grovy India Limited has scheduled a meeting of its Board of Directors for Tuesday, June 09, 2026. The meeting is set to consider several significant corporate proposals concerning the company's future structure and financial performance.Among the key items on the agenda is a proposal regarding the issuance of one or more instruments. This may include equity shares or convertible securities through Preferential Issue, Rights Issue, or any other deemed fit mode, including determining the price for such instruments.The Board meeting will also review the recommendation of a Final Dividend at 1%, equivalent to Rs. 0.10 (Ten Paisa)...

Smart Services Launches Open Offer for Sharp India Limited Shares at Rs 10 Per Share M/s. Smart Services Private Limited has initiated an open offer for the equity shares of Sharp India Limited (SIL), aiming to acquire substantial holding and control of the company. The offer is being made in connection with the acquisition of a significant stake previously held by the existing promoter of SIL.The open offer allows public shareholders to participate and purchase up to 64,86,000 equity shares of Sharp India Limited at a fixed price of Rs 10/- (Rupees Ten Only) per share. This represents 25.00% of the fully paid-up equity and voting share capital of the Target Company as on the date of this Letter of Offer.The acquisition activity...

Victoria Mills Ltd Sets Record Date For Proposed Dividend Payment Victoria Mills Ltd has announced a crucial record date related to the payment of its dividend. This decision comes following the Board of Directors' recommendation for the dividend, pending formal approval at the upcoming Annual General Meeting (AGM).The company set Saturday, September 19, 2026 as the designated record date. This date determines eligibility for shareholders concerning the dividend, should it be approved by the shareholders during the 113th Annual General Meeting.The Directors of Victoria Mills Ltd had recommended the payment of a dividend on May 29, 2026. The fixed record date is intended for the purpose of this potential dividend payment.Stock...

Competition Commission Closes InVideo AI Dispute: Allegations of Exploitative Practices Found to Be Non-Competitive Matter The Competition Commission of India (CCI) has closed a significant information file concerning disputes leveled against Whitesheep Technology Pvt. Ltd., the operator of the AI video generation platform InVideo AI. The ruling, issued by the three-member Commission bench, determined that while the informant detailed several instances of poor service and unilateral actions by the Opposite Party (OP), these issues do not constitute a prima facie violation of Section 4 of the Competition Act, 2002.The case centered on allegations made by Dinesh Kumar Dadsena against the technology company regarding customer experience...

Ipca Laboratories Reports Consolidated Growth, Drives Margin Improvement in Q4 FY26 Ipca Laboratories Ltd has reported consolidated growth and significant margin improvements for the fourth quarter of fiscal year 2025-2026 (Q4 FY26), alongside strong performance indicators across its major business segments. The company's overall business size continued to grow, supported by robust growth in generic and promotional branded export businesses.The consolidated business grew by approximately 6% to stand at around INR1,396 crores, up from INR1,266 crores in the previous financial year (FY26). For the full fiscal year March 2026, the consolidated revenue saw an increase of about 8%, reaching INR9,646 crores compared to INR8,940 crores...

SEBI Upholds RTI Denial: Regulator Shields Internal Investigation Details in ICICI Lombard Dispute Case The Securities and Exchange Board of India (SEBI) has dismissed an appeal filed by Ashwill Serrao regarding the denial of specific internal information related to a regulatory complaint against ICICI Lombard General Insurance Company Limited. The decision reinforces SEBI's stance on maintaining confidentiality surrounding ongoing or completed investigations, even when requested under the Right to Information Act, 2005 (RTI Act).Overview of the RTI Appeal Process The case, documented as Appeal No. 6872 of 2026, concerns an application filed by Ashwill Serrao on April 10, 2026. The appellant sought various internal documents...

Spice Energy Writes Off Rs 3,57,40,630.70 Loan Owed to SRM Energy Ltd SRM Energy Limited has received confirmation regarding the full write-off of an outstanding loan advanced to it by M/s Spice Energy Private Limited.The intimation confirms that Spice Energy Private Limited has written off in full the outstanding loan amount amounting to Rs 3,57,40,630.70, which had been previously advanced by SRM Energy Ltd.Following this write-off by Spice Energy Private Limited, the related liability will be extinguished in the books of accounts of SRM Energy Limited and will be accounted for according to applicable accounting standards.Stock Price Movement At the close of trade on Monday, SRM Energy Ltd. settled at ₹17.76, registering no...

State Trading Corporation Announces Conclusion of Tenure for Director (Finance) Ms. Anoopa Shankarankutty Nair The State Trading Corporation of India Ltd. has confirmed the conclusion of the tenure for Ms. Anoopa Shankarankutty Nair in her capacity as Director (Finance). The state-owned enterprise announced that she will cease to be Director (Finance) upon the completion of her fixed tenure, effective June 4, 2026.Ms. Nair was appointed to the role following an order from the Department of Commerce, Ministry of Commerce and Industry, dated May 20, 2025. The appointment placed Ms. Anoopa Shankarankutty Nair as a Director (Finance) on the Board of State Trading Corporation of India Limited for a period of one year, effective from the...