Markets

Schneider Electric Infrastructure Limited Receives Rectification Order, Sees Penalty Reduction on Tax Demand Schneider Electric Infrastructure Limited has received a Rectification Order from the Joint Commissioner regarding a tax matter pertaining to the wrong availment of Input Tax Credit for the financial year 2019-20. The order resulted in a significant reduction in the penalty amount, while the core tax demand remains unchanged.The company received the Rectification Order along with Form GST APL -04 from the Joint Commissioner, Division-I Vadodara, CBIC, on June 2, 2026. This matter relates to allegations concerning the improper utilization of Input Tax Credit for FY 2019-20.The details of the Rectification Order demanding tax...

IndusInd Bank clarifies market report following concerns over whistleblower complaint Indusind Bank Ltd has issued a formal clarification addressing reports concerning a fresh whistleblower complaint, which had prompted a decline in the bank's share price on June 3, 2026.The statement confirmed that the bank had not received any communication from a government or regulatory authority regarding receipt of the specific whistleblower complaint mentioned in the market report published by Moneycontrol. The news item, titled 'IndusInd Bank share falls over 2% after report of fresh whistleblower complaint to PMO, RBI,' was the subject of this clarification.In response to the public concerns raised, Indusind Bank stated that all allegations...

Northern Spirits Ltd Accepts Resignation of Company Secretary and Compliance Officer The Board of Directors of Northern Spirits Ltd has accepted the resignation of Mr. Pankaj Khanna from the position of Company Secretary and Compliance Officer.Mr. Khanna tendered his resignation on June 03, 2026, following a meeting of the company’s Board of Directors held on Wednesday, June 03, 2026. His decision to resign was communicated in his letter and confirmed that there were no material reasons for his departure other than pursuing an alternate career opportunity outside the organization.The company expressed deep appreciation for the valuable services rendered by Mr. Khanna during his tenure as Company Secretary and Compliance Officer. The...

Borosil Renewables Executive Chairman Provides General Business Update in CNBC Awaaz Interview Borosil Renewables Limited has shared an interview featuring its Executive Chairman, Mr. Pradeep Kumar Kheruka. The discussion focused on the Company's general business update and operations.The interview took place on June 03, 2026, with CNBC Awaaz.Interested parties can access the full interview via the provided link on the company’s platforms.BORORENEW Stock Price Movement Shares of BOROSIL RENEWABLES LIMITED are edging higher to ₹543.50 as of 3:01 PM today, having gained 8.41% in live trading. The stock sees robust interest during the session, with over 9.6 million shares traded so far this afternoon.

Modis Navnirman Limited Secures Khar West Redevelopment Mandate, Adds ₹250 Crore to GDV Pipeline Mumbai, June 2026 – Modis Navnirman Limited (MNL), a real estate developer specializing in redevelopment and urban renewal projects based in Mumbai, has been appointed as the developer for Neel Kiran Co-operative Housing Society Ltd. in Khar West. The appointment follows a selection process by the society members, who chose MNL as their preferred partner for the landmark residential society's redevelopment project.The successful mandate is expected to contribute approximately ₹250 crore in Gross Development Value (GDV) to MNL’s redevelopment portfolio. This project marks a significant milestone for the company, expanding its presence into...

Mercury Ev-Tech Limited Celebrates Listing Ceremony at National Stock Exchange of India Mercury Ev-Tech Limited marked a significant milestone in its corporate journey with a listing ceremony held at the National Stock Exchange of India (NSE). The event, which celebrated the company's successful listing, took place on June 02, 2026.The ceremony served as an important marker for the Company's growth trajectory. It was attended by key representatives from Mercury Ev-Tech Limited and officials from NSE. Attendees included Shri Jayesh Thakkar, Chairman & Managing Director, and Mrs Artiben Thakkar, Promoter of the Company. Additionally, Shri Darshan Shah, Executive Director of the Company was present.Representing the National Stock...

Promoter Gifts 175,000 Shares of Veto Switchgears and Cables Ltd to Family Member Veto Switchgears and Cables Ltd announced a share transfer involving its promoter group. Mr. Kanishk Kishore Gurnani transferred 175,000 equity shares of the company to Mrs. Priyanka Kishore Gurnani.The transaction occurred on June 1, 2026. The transfer was executed as a gift and involved no monetary consideration. This move represents a change in shareholding between two promoter/shareholders within the group.The transfer of the equity shares took place in dematerialized form through an off-market transaction.Details of the share transfer are as follows:Shareholder TransferringRecipientNumber of SharesTransaction TypeMr. Kanishk Kishore...

Brookfield India REIT Discusses Financial and Business Updates at BoFA Conference 2026 Brookprop Management Services Private Limited, acting as the manager of Brookfield India Real Estate Trust REIT, participated in the 'BoFA Conference 2026' on June 2, 2026.During the conference, business and financial updates for Brookfield India Real Estate Trust were discussed. The review covered performance metrics for the quarter and the full year ending March 31, 2026.BIRET Stock Price Movement Shares of Brookfield India Real Estate Trust are trending up in live trading, reaching ₹319.65 as of 2:56 PM today, after gaining 0.02%. The REIT sees significant activity in the current session, with over 140,059 shares changing hands.

Promoters' Entity Names Change for Cemindia Projects Limited Cemindia Projects Limited has announced changes regarding the names of certain promoter entities within its Promoter Group. The updates relate solely to the name structure of these entities and do not affect their status or shareholding in the Company.The modifications cover two specific entities that form part of the Promoter Group.Details of the name changes are provided below:Sr. no.Old NameNew Name1Renew Exim DMCC, PromoterRenew Exim FZCO, Promoter2Valiant Investment FZCO, Promoter GroupValiant Investment FZCO, Promoter GroupThe Company confirmed that these name changes are purely administrative and do not involve any change in the shareholding or the...

TTK Healthcare Announces 68th Annual General Meeting and Record Date TTK Healthcare Ltd. has scheduled its 68th Annual General Meeting (AGM). The meeting is set to be held via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).The AGM for shareholders will take place on Friday, July 24, 2026, at 12:00 noon.In addition to the AGM, the company has announced the Record Date for determining shareholder voting rights and dividend declaration. The designated Record Date is set as Friday, July 17, 2026.TTKHLTCARE Stock Price Movement Shares of TTK Healthcare Limited are edging up to ₹925.8 as of 2:53 PM today, successfully gaining 0.14% in live trading. The stock trades on a volume of 2,684 shares, solidifying the move from its...

SG Mart Limited Allots 35,200 Equity Shares Following Employee Stock Option Exercise SG Mart Limited has completed the allotment of equity shares to eligible employees following the exercise of options granted under the SG Mart Limited Employees Stock Option Scheme - 2023. The allocation occurred on June 3, 2026.The Board of Directors’ Allotment Committee approved the issue of 35,200 equity shares, each having a face value of ₹1/-. This allotment resulted in an increase in the paid-up equity share capital of the company.Prior to this transaction, the paid-up equity share capital stood at ₹12,60,00,000, representing 12,60,00,000 equity shares. Following the exercise of options, the total paid-up equity share capital increased to...

Short-Term T-Bill Surge: RBI Auction Sees Full Acceptance for 91-Day Paper as Longer Maturities Go Unsold Key Results from the T-Bill Auction The Reserve Bank of India's recent T-Bill auction revealed mixed results across various maturities, highlighting strong demand in the short end of the curve. The auction data, released on June 03, 2026, detailed the notification and acceptance rates for 91-Day, 182-Day, and 364-Day Treasury Bills.The 91-Day T-Bill successfully met its target, with the entire notified face value accepted by market participants. This indicates robust appetite among investors for highly liquid short-term instruments.Performance of the 91-Day T-Bill For the 91-Day maturity, the total face value notified was ₹...

Rulka Electricals Limited Secures New Orders Valued at ₹7,93,68,166 for MEP and Fire Fighting Projects Rulka Electricals Limited, an established MEP Project Contractor operating across India, has secured new orders from various clients. These confirmed contracts total INR 7,93,68,166/- (including GST), underscoring the company's strong position in securing substantial projects.The new business encompasses diverse segments ranging from fire safety systems to core electrical infrastructure installation. The orders span two major client locations: Chakan in Maharashtra and Bangalore/Thornahalli in Karnataka, covering various technical scopes such as transformer commissioning, fire sprinkler installation, and general electrical works...

Hindware Home Innovation Completes Acquisition of Atlantic's Stake in Hintastica; Boosts Investment in Rights Issue Hindware Home Innovation Limited announced significant developments regarding its subsidiary, Hintastica Private Limited. The company approved a multi-pronged strategic move comprising an investment through a rights issue and the acquisition of all remaining shares held by Atlantic Société Française de Développement Thermique, establishing 100% ownership of Hintastica.The Board meeting of Hindware Home Innovation Limited on June 3, 2026, sanctioned the company's investment in Hintastica via a rights issue, dedicating up to INR 15 crore toward subscribing to the equity shares. This subscription is designed to provide...

Shanti Educational Initiatives Ltd Receives Approval for Registered Office Shift to Haryana Shanti Educational Initiatives Limited has secured formal approval for the shifting of its registered office from Gujarat to Haryana, according to an order issued by the Regional Director, North Western Region of the Ministry of Corporate Affairs. The approval confirmation marks a significant operational transition for the company.The move was formalized following receipt of the official order on June 02, 2026. This development follows previous notifications regarding the intended change in the company's registered address.Under the approved change, the company’s registered office is set to be situated in the State of Haryana. The decision...

Astral Ltd Management to Meet Institutional Investors at ICICI Securities Conference 2026 Astral Ltd has scheduled its management team for extensive one-to-one and group meetings with a large roster of institutional investors during the 'ICICI Securities India Investor Conference 2026.' The engagement is set to take place in Mumbai on June 8, 2026.The conference provides Astral Ltd's management an opportunity to interact with a wide range of financial institutions and investment firms. The comprehensive list of participating investors includes major life insurance companies, asset management funds, and investment advisory groups.A detailed schedule of the interactions is provided below:Date of MeetingInteraction with Investors...

NIIT Learning Systems Ranked in Top 20 Learning Services Companies for Nineteenth Consecutive Year NIIT Learning Systems Limited, a prominent global provider of managed learning services, has been named among the Top 20 Companies in Learning Services by Training Industry, Inc. for the year 2026. This recognition marks the nineteenth continuous year that NIIT has achieved this distinction within the corporate training marketplace.Selection for the prestigious 2026 Training Industry Top Learning Services Companies List was based on a comprehensive evaluation covering several key areas:The scope and quality of learning services provided. Market presence, brand visibility, innovation, and industry impact. The strength of its client...

Purple Agrotech Industries Appoints New Independent Director as Board Restructures The Board of Directors of Purple Agrotech Industries Ltd announced significant changes in its composition on June 3, 2026, appointing a new independent director while accepting the resignation of an existing board member. The company confirmed that these appointments and departures led to the reconstitution of key committees effective from June 4, 2026.Mrs. Lata Gaurav Kimtani was appointed as an Additional Non-Executive Independent Director by the Board, following the recommendation of the Nomination and Remuneration Committee. Mrs. Kimtani's tenure is set for a first term of five consecutive years, commencing from June 3, 2026. The company confirmed...

Borosil Renewables Executive Chairman Conducts Interview on General Business Update with NDTV Profit Borosil Renewables Limited (BRL) had its Executive Chairman, Mr. Pradeep Kumar Kheruka, participate in an interview focused on the company's general business updates. The session took place on NDTV Profit on June 03, 2026.The interview provided insights into the Company’s current operational status and broader business direction. Those interested in viewing the discussion can access the content via a dedicated link.BORORENEW Stock Price Movement Shares of BOROSIL RENEWABLES LIMITED are rallying up to ₹536.9 as of 2:14 PM, driven by a strong 7.09% surge in live trading. The equity has been highly active today, with over 8.67 million...

Deltic Vehicles Selected for Government-Led Electric Mobility Programs in Eastern India Delta Autocorp Limited (Deltic) has been selected as an Original Equipment Manufacturer (OEM) supplier for two government-led electric mobility procurement programs across Eastern India. The selection covers the supply of electric three-wheelers designed for various public utility and last mile service requirements.The initiative encompasses a total of approximately 340 vehicles, spanning two categories: L5 electric garbage collection vehicles and L3 electric rickshaws. This contract qualifies as Deltic's first institutional mobility program in the L5 category, marking a significant milestone in the company's expansion into utility-oriented...