Markets

Anlon Healthcare Boosts Growth Strategy with Acquisitions and Capacity Expansion Anlon Healthcare Limited, a research-driven chemical manufacturer incorporated in 2013, is enhancing its manufacturing capacity and strategic footprint through key acquisitions. The company specializes in producing high-purity advanced pharmaceutical intermediates and Active Pharmaceutical Ingredients (APIs) for global clients across the pharmaceutical, nutraceutical, personal care, and animal health sectors.The growth strategy involves the inorganic acquisition of two entities: Bizotic Lifescience Pvt. Ltd. and Apiqo Organics Pvt. Ltd., strengthening Anlon’s backward integration capabilities.Transaction Snapshot Details Anlon Healthcare completed...

Refex Industries Ltd Wins Legal Battle as GST Demand for FY 2021-22 is Quashed by Appellate Authority Refex Industries Limited has achieved a significant financial victory following the decision of the Appellate Authority concerning a Goods and Services Tax (GST) demand related to the Financial Year 2021-22. The Authority has quashed the GST demand originally raised against the company.The Appellate Authority, after reviewing the submissions made by Refex Industries Limited, ruled that the demand totaling ₹35,29,002/-—issued by the Assistant Commissioner of CGST & Central Excise, Raipur—is nullified. The decision was received by the company on June 02, 2026.The original GST demand, which related to the Financial Year 2021-22...

Aster DM Healthcare Ltd Schedules Investor Meets for Kotak India Corporate Day in Hong Kong and Singapore Aster DM Healthcare Limited has announced its participation in upcoming Analyst and Institutional Investors Meets, scheduled as part of the Kotak India Corporate Day events. These meetings are set to take place across two consecutive days in Asia.The company’s representatives will attend the conferences, which include both Investor Group and One to One sessions. The schedule is detailed below:Event NameType of MeetDateTime (HKT/SGT)Local TimeLocationKotak India Corporate DayConference Meet [Investor Group and One to One]June 8, 20269:00 AM to 5:00 PM (HKT)6:30 AM to 2:30 PM (IST)Hong KongKotak India Corporate...

ITI Ltd Issues Corrigenda for FY26 Financial Results, Revisions Impact Q4 Profit Figures ITI Ltd has released corrigenda pertaining to its Consolidated and Standalone Audited Financial Results for the Quarter and Year ended March 31, 2026. The corrections address clerical and typographical errors noted in the Statement of Quarterly audited Financial Results for the Fourth Quarter, though the company confirmed that there is no change or impact on the overall profit for the Financial Year ended March 31, 2026.The original results had been submitted following a Board Meeting conducted on May 28, 2026. Upon subsequent verification of the financial statements, ITI Ltd noted the inadvertent errors that occurred while deriving balancing...

Vodafone Idea Limited Management to Participate in Citi India Conference 2026 Vodafone Idea Limited announced details regarding the participation of its representatives in an upcoming Analyst and Institutional Investor Meeting scheduled for June 5, 2026.The company is participating in the Citi India Conference 2026, a group meeting set to be held in Mumbai on that date. The engagement includes management representation from Vodafone Idea Limited.The details of the investor conference participation are as follows:Date of the MeetingName of the EventType of MeetingLocation5 June 2026Citi India Conference 2026GroupMumbaiVodafone Idea Limited stated that its management team’s participation in the investor conference was...

CMS Info Systems CEO Clarifies Intentions Regarding Buyback Participation Rajiv Kaul, Executive Vice Chairman and CEO of CMS Info Systems Limited, has issued a clarification regarding his participation in the company's ongoing Share Buyback. The clarity addresses earlier statements concerning his share tendering while outlining a strategic plan involving vested stock options.The Buyback Offer for CMS Info Systems Ltd began on May 29, 2026. Previously, during an earnings call held on May 15, 2026, Mr. Kaul stated that he did not intend to tender his shares in the Buyback. He has now issued a voluntary clarification to ensure complete transparency for all shareholders regarding his current position.Mr. Kaul holds approximately 6.42%...

Veeram Barter Acquires 8.96% Stake in Palm Jewels Ltd through Open Market Purchase Veeram Barter Private Limited has acquired a significant stake in Palm Jewels Limited through an open market purchase of equity shares. The acquisition was completed on May 28, 2026, establishing Veeram Barter as a substantial shareholder in the target company.According to the transaction details, Veeram Barter Private Limited and its associated Persons Acting in Concert (PAC) purchased 9,00,000 shares of Palm Jewels Limited. This purchase represents 8.96% of the total diluted share capital or voting rights of the company, measured both before and after the acquisition was completed.Prior to this transaction, Veeram Barter Private Limited held Nil...

Rhetan TMT Ltd Board Meeting Scheduled for June 06, 2026 Rhetan TMT Ltd has scheduled a meeting of its Board of Directors on Saturday, June 06, 2026. The meeting will be held at the company's Registered Office and is set to address key corporate appointments and other business items.The purpose of the Board Meeting includes addressing critical aspects related to the governance structure of the Company.Key agenda items for the meeting are:Agenda ItemDescription1Appointment of Company Secretary and Compliance officer of the Company.2Any other business with the permission of chair.The management noted that the Board Meeting is scheduled to consider these matters, alongside any other business permitted by the Chair...

Earthstone Declares No New Encumbrances on Chambal Fertilizers & Chemicals Limited Shares Earthstone Investment & Finance Limited has confirmed that neither it nor associated persons made any new encumbrances on the shares of Chambal Fertilizers and Chemicals Limited during the financial year ended March 31, 2026.The declaration confirms that the company and its associated parties did not create any direct or indirect encumbrance on the shares of Chambal Fertilizers & Chemicals Limited. This applies specifically to all transactions occurring throughout the financial year ended March 31, 2026.Earthstone Investment & Finance Limited stated that the only existing share holdings are those previously disclosed to the company and the...

BW LPG Shipping FZCO Acquires Shares in Confidence Petroleum India Ltd BW LPG Shipping FZCO acquired shares in Confidence Petroleum India Limited through an off-market transaction, increasing its holding in the company.The acquisition was conducted by BW LPG Shipping FZCO (formerly BW LPG Infrastructure DMCC). Prior to the transaction, the entity held 2,82,29,120 shares of Confidence Petroleum India Ltd, representing 8.50% of the total share or voting capital.On June 2, 2026, BW LPG Shipping FZCO acquired an additional 2,82,29,120 shares through this off-market purchase. Following the acquisition, the entity's holding remains at 8.50%.The key details of the pre and post transaction shareholding are summarized below...

Shalimar Paints Ratings Update: Bank Facility Ratings Reaffirmed by CARE Amid Operating Losses CARE Ratings Limited has reaffirmed the ratings assigned to various facilities and instruments of Shalimar Paints Ltd (SPL). The ratings were issued on June 2, 2026, reflecting the company’s financial position, operations, and ongoing strategic moves within the highly competitive paints industry.The rating update covered several key bank facilities for SPL, including Long Term Bank Facilities, Non-fund-based LT/ST-Bank Guarantee, Short Term Bank Facilities, and Long Term / Short Term Bank Facilities.As per the rating details, the current ratings are as follows:Facility/InstrumentAmount (₹ crore)RatingRating ActionLong Term Bank...

Oswal Pumps Ltd Schedules Meetings for Analysts and Institutional Investors Oswal Pumps Ltd has announced a scheduled meeting for investors and analysts, providing participants with an opportunity to meet company officials. The event is planned in Karnal, Haryana.The gathering of Investors and Analysts was organized by Ambit GPC.Date & Time of EventName of EventOrganizer/ Broking HouseMedium/ PlaceMonday, June 8, 2026Group Meeting with Investors / AnalystsAmbit GPCIn-person at Karnal, HaryanaThe company clarified that the discussions during these investor and analyst events will be based on publicly available information.OSWALPUMPS Stock Price Movement As of 12:34 PM, Oswal Pumps Limited shares are shedding 1.42% in live...

Capacit'e Infraprojects Secures Letter of Intent worth ~ ₹ 589 Crore from Raymond Realty Subsidiary Mumbai, June 3, 2026: Capacit'e Infraprojects Limited has received a Letter of Intent (LOI) from Ten X Realty East Limited, a subsidiary of Raymond Realty Limited. The contract is valued at approximately ₹ 589 Crore excluding GST and pertains to the Civil Core and Shell Works for 'The Address by GS- Wadala,' located in Salt Pan Division, Shastri Nagar, Wadala, Sion (E), Mumbai - 400022.The award marks a repeat mandate from Raymond Realty Limited, which Managing Director Mr. Rahul Katyal noted as a strong endorsement of the longstanding partnership between the two entities. He stated that this contract reinforces Capacit'e’s ability to...

String Metaverse Achieves Significant Growth in FY26, Reaching ₹1,076 Cr Revenue and Surpassing 5 Million Users String Metaverse Ltd, a key player in the Web 3.0 economy, reported substantial growth in its first half of fiscal year 2026 (FY26), delivering significant revenue increases across multiple metrics while expanding its ecosystem reach. The company highlighted strong operational leverage and key product launches aimed at bridging on-chain finance with global commerce.Financial Performance HighlightsThe performance data for FY26 shows robust expansion in revenue, profitability, and market standing. String Metaverse recorded a notable increase in Revenue from Operations and Profit After Tax (PAT).MetricFY26 ResultYoY...

Acetech E-Commerce Limited Announces Changes in Board Directorships and Committee Memberships Acetech E-Commerce Limited has announced significant changes within its Board of Directors following a board meeting held on June 02, 2026. The company reported the resignation of an Independent Director and the subsequent appointment of Umesh Mane to the board, leading to the reconstitution of several key committees.Mr. Manish Rawal, Non-Executive Independent Director, tendered his resignation from Acetech E-Commerce Limited due to personal reasons and commitments. His resignation was accepted by the Board and is effective as of June 02, 2026. Following his departure, Mr. Rawal ceased to hold positions within several key committees...

Kalind Ltd Approves Share Sub-division and Bonus Issue; Shareholders Seek Approval via Postal Ballot Kalind Ltd has announced major corporate actions following the outcome of its Board meeting held on Wednesday, June 3, 2026. The company approved the sub-division of its equity shares, the alteration of authorized share capital, and the issuance of bonus shares in the ratio of 1:2. These matters have been recommended for approval by the shareholders through a Postal Ballot process.The sub-division action involves converting one equity share with a face value of ₹10/- into five equity shares, each carrying a face value of ₹2/-. The proposed corporate action is aimed at enhancing the liquidity of the company's equity shares and enabling...

Reliable Data Services Board Comments on Fines Levied by Stock Exchanges Over Governance Non-Compliance Reliable Data Services Limited addressed concerns regarding non-compliance with SEBI Listing Obligations and Disclosure Requirements (LODR), 2015, confirming that it had paid the applicable fine levied by stock exchanges. The company's Board of Directors issued comments following notices received from the NSE and BSE regarding breaches pertaining to the composition of its Board.The Board reviewed the matter, which was placed on record during a meeting held on May 30, 2026. The directors noted that the non-compliance with respect to the composition of the Board was not wilful but occurred due to delays in finalizing the appointment...

Sanofi India Appoints Debajit Roy as Sales and Customer Engagement Head for Diabetes Sanofi India Limited has appointed Mr. Debajit Roy as the Sales and Customer Engagement Head for Diabetes, designating him as Senior Management Personnel of the company. The appointment is effective from June 8, 2026, and is set up as a whole-time employment role.Mr. Debajit Roy joins Sanofi India Limited with significant experience in the pharmaceutical sector. His most recent position was Vice President at Gracewell Specialty and Gracemax, Glenmark Pharmaceuticals.The appointment of Mr. Roy aligns with Sanofi's commitment to strengthening its leadership team. In addition to his industry experience, he possesses strong academic credentials relevant...

Aditya Vision Limited to Participate in Non-Deal Roadshow Hosted by Investec in Singapore Aditya Vision Limited has announced plans for its officials to participate in a Non-Deal Roadshow aimed at analysts and institutional investors. The company's participation focuses on providing insights through the roadshow organized by Investec.The event, scheduled as part of the broader engagement with the financial community, will be held in Singapore.The detailed schedule for the meeting is provided below:DateMeeting Type ModeEventPlaceJune 08, 2026Physical/Group MeetingNon-Deal Roadshow - Hosted by InvestecSingaporeDuring the meetings, the company's latest Investor Presentation is available on its website. The material will be...

Apollo Techno Industries Launches Hydraulic Drill Rig - DR 15 for Foundation and Ground Support Projects Apollo Techno Industries Ltd has announced the launch of its new product, the 'HYDRAULIC DRILL RIG - DR 15'. The machinery is engineered specifically for demanding foundation and ground support projects in both anchors and micropile applications.The Hydraulic Drill Rig - DR 15 boasts a heavy-duty mast and a reinforced structural frame, ensuring superior rigidity and stability. This design allows the machine to operate efficiently even when subjected to high reaction forces and continuous drilling cycles.Powering the rig is an advanced load-sensing hydraulic system, which facilitates optimal power distribution to the rotary head...