Markets

Vishnusurya Projects Revises Segment Information for March 31, 2026 Financial Results Due to Clerical Error Vishnusurya Projects and Infra Limited has issued a clarification regarding the segment information pertaining to its financial results for the quarter and year ended March 31, 2026. The revision addresses an inadvertent clerical error noticed in the previously submitted Segment Information section of the financial results.The company confirmed that this revision is exclusively confined to the presentation of segmented figures. It has absolutely no impact on the primary financial statements, including Total Revenue, Profit Before Tax (PBT), Net Profit (Profit After Tax), Earnings Per Share (EPS), and the Statement of Cash Flows...

Apollo Micro Systems Schedules Meetings for Analysts and Institutional Investors Apollo Micro Systems Ltd has announced a schedule for meetings with analysts, institutional investors, CIOs, and fund managers. These sessions are intended to discuss the company based on publicly available information.The management of Apollo Micro Systems has scheduled these interactions across three days, detailing specific dates, formats, timeframes, and location details. The meetings are structured to accommodate both physical presence and virtual conference participation.A detailed overview of the planned meeting schedule is provided below:DatesNature of MeetingTimeLocationJune 9, 2026, to June 11, 2026Physical/ VC9:00 AM onwardsHyderabad...

Mangal Electrical Industries Ltd Announces CFO Resignation Effective September 3, 2026 Mangal Electrical Industries Ltd has announced the resignation of its Chief Financial Officer, Mr. Pawan Mendiratta. The executive tendered his resignation due to personal reasons and will be relieved from his duties effective at the close of business hours on September 03, 2026.The company confirmed that Mr. Mendiratta submitted his resignation via email on June 3, 2026.Key details regarding the change in management personnel are as follows:ParticularsDetailsReason for ChangeResignation tendered by Mr. Pawan Mendiratta due to personal reasons.Date of CessationW.e.f closure of business hours on September 03, 2026.The resignation...

Pakka Ltd. Issues Corrigendum Providing Correct Link for Investor Conference Call Pakka Ltd. has issued a corrigendum concerning an inadvertent clerical error found in the original information regarding the Audio/Video Recording of its Investor Conference Call, which was held on June 2, 2026. The company clarified that the error pertains solely to the recording link and does not impact the substance or outcome of the event.The notice addresses the incorrect recording link previously mentioned in the associated disclosure materials. Pakka Ltd. stated that the clerical/administrative error was unintentional and affirms that it does not affect, alter, modify, or impact the proceedings, discussions, or information disclosed during the...

Coforge Allots Shares Following Amalgamation; Paid-Up Capital Reaches Over 8 Crore Coforge Ltd has completed the allotment of equity shares to eligible shareholders of Cigniti Technologies Limited, as part of a Scheme of Amalgamation between the two entities. The successful allotment marks a significant increase in the company's paid-up share capital.The allotment was carried out by Coforge on June 3, 2026. As part of the scheme, the company allotted 1,26,71,602 fully paid-up equity shares, each with a face value of Rs. 2, to the eligible shareholders of Cigniti Technologies Limited.The amalgamation and subsequent allotment have substantially increased Coforge’s share capital structure. The total paid up share capital of Coforge has...

Ethos Ltd Opens New Watch Boutique at Indira Gandhi International Airport in Delhi Ethos Limited has successfully inaugurated a new Ethos Watch Boutique located at RU 07, Domestic Departures, Terminal 2, Indira Gandhi International Airport in Delhi. The launch marks a key milestone for the company, aimed at strengthening its luxury brand portfolio and consolidating its presence within India's prominent luxury retail markets.The addition of this boutique aligns with Ethos Limited’s strategic vision to deliver unparalleled luxury experiences, making globally exclusive brands more accessible to discerning customers across India.With the opening of the new store at Indira Gandhi International Airport, Ethos Limited now operates a...

Anand Rathi Wealth Announces Bonus Equity Share Allotment, Boosting Capital Base Anand Rathi Wealth Ltd has approved the issuance of bonus equity shares, effectively doubling its paid-up capital base following shareholder approval. The company announced the allotment on June 04, 2026, confirming a major expansion in its shareholding structure.The Board of Directors had initially recommended the issuance of Bonus Equity Shares on April 09, 2026. This recommendation was subsequently ratified by shareholders at the Annual General Meeting held on May 21, 2026.Following the approval, the company’s Bonus Allotment Committee met on June 04, 2026, to approve the allotment process. The allotment provides eligible shareholders with a new...

JD Cables Announces Investor Meet for H2 FY26 Results, Details Operational Expansion and Financial Performance JD Cables Limited has scheduled an Investor Meet on Thursday, June 04th, 2026, to discuss its Half Year FY26 results. The company's presentation details significant operational updates, including major capacity expansions, product portfolio diversification, and strong order book visibility as it navigates the rapidly growing domestic wires and cables market.The Investor Presentation highlights the company’s consistent growth trajectory while maintaining a robust commitment to quality and expanding its manufacturing footprint across India.H2 FY26 Financial Snapshot The financial performance of JD Cables reflects substantial...

Titan Company Ltd Announces Institutional Investors & Analyst Meet 2026 Titan Company Ltd has scheduled its 'Institutional Investors & Analyst Meet 2026' for June 4, 2026. The company provided details regarding the conference, allowing institutional investors and analysts to access the event via a live webcast.The meeting is set to take place at 8:30 AM IST on June 4, 2026.Access to the live webcast of the Institutional Investors & Analyst Meet 2026 can be obtained through the designated online portal provided by the company. The details regarding the conference are also available on the Titan Company Ltd website.TITAN Stock Price Movement Shares of TITAN COMPANY LIMITED are holding steady at ₹4088.8 as of the 9:07 AM pre-open...

Organic Recycling Systems Launches Downdraft Gasification Pilot for Agricultural Shell Waste Navi Mumbai, June 4, 2026 – Organic Recycling Systems Limited (ORSL) has expanded its waste-to-value platform by commencing a pilot study focusing on hard biomass agricultural residues using downdraft gasification. The initiative addresses the challenge of utilizing biomass categories such as coconut shells, cashew nut shells, and groundnut shells, which have often been overlooked in the bioenergy sector.The project is underway at ORSL's NABL-accredited ORS Research and Innovation Centre (ORS-RIC) located in Mahape, Navi Mumbai. The center has initiated a pilot study utilizing a 10 kg/h Downdraft Gasification System. This thermochemical...

Aspect Global Ventures Announces Open Offer for Shares of Iykot Hitech Toolroom Limited at ₹ 8.50 Per Share Aspect Global Ventures Private Limited has announced a mandatory Open Offer for the public shareholders of Iykot Hitech Toolroom Limited, inviting them to acquire up to 26,98,298 fully paid-up equity shares in the company. The offer is priced at ₹ 8.50 per equity share, with a maximum aggregate consideration set at ₹ 2,29,35,533.The Open Offer period for Iykot Hitech Toolroom Limited was scheduled to commence on Wednesday, June 10, 2026, and close on Tuesday, June 23, 2026. The acquisition is being made by Aspect Global Ventures Private Limited (Acquirer) in light of its existing stake and management control over the company...

RBL Bank Open Offer Update: Zero Equity Shares Tendered by Public Shareholders So Far RBL Bank Ltd has reported on the tender status of its open offer, noting that zero equity shares have been tendered in connection with the acquisition drive.The open offer relates to the potential acquisition of up to 415,586,443 equity shares of Rs. 10 each ('Equity Shares') of RBL Bank Limited from public shareholders. This total represents 26.00% of the Expanded Voting Share Capital. Emirates NBD Bank (P.J.S.C.) is the acquirer in this transaction.As per the statement received by the Manager to the Open Offer from Ventura Securities Limited, zero equity shares, constituting 0.00% of the total offer size, have been tendered in the designated Open...

DEE Development Engineers Approves Preferential Issue of Equity Shares; Sets Key Record Dates The Board of Directors of DEE Development Engineers Limited approved the issuance of equity shares on a preferential basis during its meeting held on June 3, 2026. This decision is subject to subsequent shareholder approval and other necessary consents.The company has fixed key dates related to this preferential issue and the upcoming Extraordinary General Meeting (EGM). The relevant dates for shareholders are detailed as follows:Security TypeRelevant DateCut-off DatePurpose of DatesEquity Shares27.05.202620.06.2026Determination of members entitled to vote at the Extraordinary General Meeting scheduled for June 27, 2026.The...

Praveg Ltd GST Dispute Concluded As Tax Liability Is Found To Be Nil Praveg Ltd has concluded the ongoing tax dispute initiated by the Office of the Assistant Commissioner, Division-III, Daman, Vadodara Commissionerate, CBIC, concerning allegations under the Central Goods and Services Tax Act, 2017. The proceedings were disposed of following an order issued on June 3, 2026.The dispute originated from a Show Cause Notice issued on July 31, 2025, alleging wrongful availment of Input Tax Credit (ITC) related to the construction of immovable property, specifically concerning blocked credit under Section 17(5) of the CGST Act, 2017.Previously, Praveg Ltd had disclosed a potential financial implication related to this matter amounting up...

Tribunal Directs JSW Energy Limited To Conduct Meetings Over Scheme of Arrangement JSW Energy Limited has been directed by the Hon'ble National Company Law Tribunal, Mumbai Bench, to convene meetings for its Equity Shareholders and Unsecured Creditors concerning an ongoing Scheme of Arrangement. The order was issued on June 2nd, 2026.The Tribunal mandated that the company conduct these meetings within 70 days from the receipt of the order, which dated back to June 3rd, 2026.The meetings, which are set to consider and potentially approve the proposed Scheme, must involve both Equity Shareholders and Unsecured Creditors. The sessions will be conducted through video conferencing or other audio-visual means.The Scheme under...

Angel One Reports Market Dynamics for May 2026: Commodity ADTO Stands at ₹2,097 Bn; F&O Share Expands Angel One Ltd. has released its key business parameters update for May 2026, detailing operational metrics, client base trends, and retail turnover market share across various segments. The company noted healthy activity in several operational metrics, despite some moderation observed in cash and commodity market shares.The company’s performance highlights included a robust Average Client Funding Book, which recorded 63.09 ₹ Bn in May '26, marking a significant improvement compared to April '26 (53.13 ₹ Bn) and May '25 (40.05 ₹ Bn).Key Operational Metrics for May 2026 The company reported figures related to client base and trading...

Mastek Limited Receives Final Assessment Order from Income Tax Department for FY 2022-23; Challenges Computation Errors Mastek Limited has received a Final Assessment Order from the Income Tax Department concerning its financial standing for the Financial Year 2022-23. The assessment, which was received on May 30, 2026, includes significant additions related to both transfer pricing and domestic tax laws, alongside the initiation of penalty proceedings.The assessment order details show a substantial increase in taxable income for the company across various heads.Key financial components resulting from the Final Assessment Order are as follows:Type of AdditionAmount (INR)Transfer Pricing AdditionRs. 90,95,38,080/-Addition...

Parmax Pharma Ltd. Announces Board Meeting to Discuss Preferential Fund Raising and Capital Raising Proposals Parmax Pharma Ltd., a manufacturer of Bulk Drugs, Drug Intermediates, and Speciality Chemicals, has scheduled a Board meeting to evaluate significant proposals related to capital infusion and expansion strategies.The Board of Directors is set to meet on Monday, June 08, 2026. The meeting will take place at the company's registered office located in Rajkot, Gujarat.The primary agenda items for the board include evaluating a proposal for raising funds through the issuance of eligible securities. This fundraising initiative could involve equity shares or any equity linked instruments via preferential issue or other methods...

Madhav Copper Limited Changes Name to MTEKCOPPER LIMITED Madhav Copper Limited is undergoing a corporate name change, effective June 09, 2026. The company's name will transition from Madhav Copper Limited to MTEKCOPPER LIMITED.The change pertains to the entity trading under the stock symbol MCL. This operational update means that members and stakeholders should note the new designation for the company beginning on the specified date.Key details regarding the name transformation are provided below:SymbolExisting NameNew NameMCLMadhav Copper LimitedMTEKCOPPER LIMITEDThe transition is set to be effective from June 09, 2026.MCL Stock Price Movement Shares of Madhav Copper Limited slipped by 0.23% to settle at ₹60.78 on...

Indag Rubber Declares Q4 and FY26 Results; Profitability Rises Amid Revenue Moderation New Delhi: Indag Rubber Limited, a leading tread manufacturing company in India, has announced its Audited Financial Results for the fourth quarter and financial year ended March 31, 2026. The results showcase strong profitability growth despite some moderation in overall revenue for the fiscal year.The detailed Q4 and FY26 financial highlights are as follows:Particulars (Rs. Crs.)Q4 FY26Q4 FY25Y-o-YQ3 FY26Q-o-QFY26FY25Y-o-YTotal Revenue63.1657.869.2%58.747.5%224.81236.90-5.1%EBITDA6.333.4981%5.966%22.4316.4836%EBITDA Margin10.0%6.0%400 bps10.1%-10 bps10.0%7.0%300 bpsProfit After Tax3.551.65115%3.375%12.388.4247%PAT...