Markets

Sattva Engineering Construction Limited Reports Financial Status and Governance Applicability Sattva Engineering Construction Limited, formerly known as Sattva Engineering Construction Private Limited, has provided an update on its corporate governance requirements and issued an Independent Practitioner's Report detailing its net worth. The company confirmed that since its equity shares are listed exclusively on the SME Platform of the National Stock Exchange of India Limited, the entity is covered under an exemption, making several corporate governance provisions non-applicable.While many governance regulations are exempted due to the listing status, the company noted that Regulation 23 concerning Related Party Transactions remains...

Anzen India Energy Yield Plus Trust Reverts to Original Business Location Following Renovation Anzen India Energy Yield Plus Trust announced a change in its operational premises, confirming the return to its primary location after a temporary relocation during renovation work.The trust's relevant team, managed by EAAA Real Assets Managers Limited, initially relocated temporarily due to ongoing renovation work at the existing place of business. The original location was reported as Plot 294/3, Edelweiss House, Off. CST Road, Kalina, Santacruz East, Mumbai - 400 098.During the renovation period, the team temporarily shifted to Ground Floor, Windsor, Off. CST Road, Kalina, Santacruz East, Mumbai -400 098, effective December 8, 2025...

Jagsonpal Pharmaceuticals Completes Buyback and Extinguishes 16 Lakh Equity Shares Jagsonpal Pharmaceuticals Ltd announced the successful buyback and extinguishment of 16,00,000 equity shares, reducing the company's paid-up capital on June 2, 2026. The buyback involved the purchase of shares in dematerialized form.The capital reconciliation details demonstrate a precise reduction in the company’s issued share capital following the tender offer route.Share Capital Reconciliation Before the buyback, Jagsonpal Pharmaceuticals Ltd's issued, subscribed, and fully paid-up share capital stood at 6,71,39,150 equity shares of ₹2 each, amounting to ₹13,42,78,300.During the buyback process, the company bought back 16,00,000 equity shares...

PFC Subsidiaries Deoghar Infra, Deoghar Mega Power, and Jharkhand Infra Power Struck Off Power Finance Corporation Limited (PFC) has confirmed that three of its wholly owned subsidiary companies have been struck off by the registrar of companies. The striking off was effective from June 1, 2026, citing compliance under Section 248 of the Companies Act 2013.The three subsidiary companies marked for dissolution are:Deoghar Infra Limited Deoghar Mega Power Limited Jharkhand (infra power Limited)The corporation noted that these entities were not material subsidiaries to PFC. Furthermore, the company confirmed that these subsidiaries had been incorporated under the Companies Act, 1956, specifically functioning as Special Purpose...

Ahluwalia Contracts Announces Audited Financial Results for Q4 and Full Year Ending March 31, 2026 Ahluwalia Contracts (India) Limited today announced its Standalone and Consolidated Audited Financial Results for the quarter and full year ended March 31, 2026. The results were published in financial newspapers on June 2, 2026, after being reviewed by the Audit Committee and approved by the Board of Directors on May 30, 2026.The company provided a detailed financial statement comparing results for the periods ended March 31, 2026, against the corresponding periods in 2025.Financial Highlights (Rs. in Lakhs) The audited financial results reveal the following performance metrics for Ahluwalia Contracts (India) Limited:Profit and...

Ceenik Exports Board Approves Related Party Transactions and Draft Postal Ballot Notice CEENIK EXPORTS (INDIA) LIMITED announced that its Board of Directors held a meeting on Tuesday, June 2, 2026. During the session, the board considered and approved several key operational and financial matters concerning the company.The Board Meeting was held on June 2, 2026, commencing at 02:30 PM and concluding at 03:00 PM.The primary approvals noted during the meeting included the following transactions and documentation:Matter ApprovedDescriptionFinancial Year (F.Y.)Ratification of Related Party TransactionsWith M/s Niktin Properties And Estates Private Limited2025-26Approval of Related Party TransactionsWith M/s Niktin Properties...

Alkem Launches Semaglutide in Single-Shot Pre-filled Syringes, Starting at INR350 Alkem Laboratories Limited has announced the launch of semaglutide in single-shot pre-filled syringes, marking the company as the first in India to introduce this format for the treatment of Type 2 diabetes mellitus and obesity. The new product format is available at a starting price of INR350.With this addition to its delivery portfolio, Alkem aims to lower entry barriers for patients requiring semaglutide treatment, while providing enhanced access and convenience through the ready-to-use single shot pre-filled syringe format.The company confirmed that it has received the requisite approvals to manufacture and market semaglutide pre-filled syringes...

Alfa Transformers Secures Domestic Contract for Supply of Distribution Transformers from TPSODL Alfa Transformers Limited has secured a significant domestic contract for the Supply of Various Capacity of Distribution Transformers from TP Southern Odisha Distribution Limited (TPSODL).The agreement, dated May 20, 2026, confirms the supply of various distribution transformers. The transaction is classified as a domestic order, with a specified total target value of INR 3,00,43,019.93 (Rupees Three Crore Forty Three Thousand Nineteen and Ninety Three Paise).TPSODL, which operates as a joint venture between Tata Power and the Odisha Government, has awarded the rate contract to Alfa Transformers Limited. The contract is slated for...

Yaap Digital Deepens Focus on AI and Tech Acquisitions to Drive Creator Economy Growth Yaap Digital Limited, a new-age digital marketing and content services company, is focusing its growth strategy on maximizing Artificial Intelligence (AI) deployment, aggressive acquisitions in the creator technology space, and expanding its global footprint. The company states its goal is to engineer the agency of the future: one that is scalable by technology, powered by creativity, and structured for sustained, long-term growth.The firm, which operates in the rapidly expanding digital marketing and creator economy, utilizes its proprietary 3D philosophy of Design, Discovery, and Distribution to create unparalleled value for brands and creators...

Infosys Expands Strategic Collaboration with DNB Bank ASA to Modernize Financial Crime Operations Infosys, a global leader in AI-first business consulting and technology services, announced the expansion of its strategic collaboration with DNB Bank ASA, Norway's largest bank, aimed at modernizing its Financial Crime (FinCrime) operations.The engagement centers on leveraging the NICE Actimize X-Sight Enterprise platform. Through this partnership, Infosys will help DNB transform its fragmented, legacy systems into a unified, intelligence-driven, cloud-native platform. This initiative is designed to enhance risk insights, improve detection accuracy, and strengthen multi-jurisdiction regulatory compliance.As the systems integration...

Arco Leasing Ltd Confirms Proposed Divestment of Subsidiary Investment Was Not Undertaken Arco Leasing Ltd confirmed that it has not pursued the proposed divestment of its investment in its wholly owned subsidiary, ANSU Trade & Fiscals Private Limited. The company issued the statement detailing the outcome of the evaluation process regarding the subsidiary.The communication noted that the Board of Directors had been previously authorized by shareholders at the Annual General Meeting (AGM) held on September 25, 2025. This authorization enabled the Board to explore the possibility of divesting the Company's investment in ANSU Trade & Fiscals Private Limited, which is considered a material wholly owned subsidiary.The Board received the...

Gufic Biosciences Clarifies Nature of Share Subscription to Saraswat Co-operative Bank Gufic Biosciences Limited has issued a clarification regarding its recent subscription of shares in Saraswat Co-operative Bank Limited. The company detailed that this share transaction is mandatory and related to specific share-linkage requirements applicable to its status as a borrower member of the bank.The clarification emphasizes that this share subscription should not be viewed as an acquisition of ownership stake or an investment in Saraswat Bank.Saraswat Bank operates as a Multi-State Co-operative Bank under the Multi-State Co-operative Societies Act, 2002. The bank mandates that its borrower members maintain a share capital linkage...

SEBI Disposes of Adjudication Proceedings Against New Delhi Television Limited; No Monetary Penalty Imposed New Delhi Television Limited announced that the Securities and Exchange Board of India (SEBI) has disposed of adjudication proceedings concerning alleged non-compliance with the SEBI Listing Regulations. The proceedings concluded on May 29, 2026, resulting in no monetary penalty being imposed on the Company.The Adjudicating Officer of SEBI disposed of the adjudication proceedings, confirming that New Delhi Television Limited did not violate the provisions of the SEBI Listing Regulations, as alleged in the initial Show Cause Notice.The proceedings were initiated by SEBI alleging non-compliance with Regulation 30 of the SEBI...

Harish Textile Engineers Ltd Directed to Appear for Mediation Proceedings on June 19, 2026 Harish Textile Engineers Ltd announced that the company has received a further communication from the Mediation Centre, Mumbai District Legal Services Authority, regarding ongoing pre-institution mediation proceedings. The company has been directed to appear for the next mediation session scheduled for June 19, 2026, at 11:30 A.M.The proceedings are taking place at the Mediation Centre, City Civil & Sessions Court, Dindoshi, Mumbai. This mediation relates to a commercial dispute initiated by M/s. Steel-O-Fab Engineers under Section 12A of the Commercial Courts Act, 2015.The company received the initial communication from the Mediation Centre...

SBC Exports Limited Secures Export Order of ₹ 18 Crore from Dubai-based Firm SBC Exports Limited has secured a repeat export order valued at ₹ 18 Crore from a Dubai-based textile company. The order is for a variety of garment articles, including T-Shirts, Trousers, and Shorts.The contract was awarded by M/s HUXXE Readymade Garments Trading LLC, establishing the transaction as an international export order.The contract stipulates that the shipment must be executed within one year from the Purchase Order date of June 2, 2026.Key commercial terms and conditions established in the agreement include the following:DetailConditionOrder Value₹ 18 Crore (INR 18 Crores Approx.)Client EntityM/s HUXXE Readymade Garments Trading LLC...

Health X Platform Limited Updates Corporate Website Following Name Change Health X Platform Limited, formerly Sastasundar Ventures Limited, has announced a change in its official company website address, effective immediately.The company confirmed that its primary web presence has shifted from https://www.sastasundarventures.com to https://www.healthxplatform.com.This operational update follows the company's recent change of name in its records from Sastasundar Ventures Limited to Health X Platform Limited. The updated website serves as the official online portal for the company.HEALTHX Stock Price Movement As of 3:22 PM, shares of Health X Platform Limited are slipping by 0.07% in live trading, currently trading at ₹301.25. The...

Magellanic Cloud's Subsidiary Wins INR 4.31 Crore Contract for Railway CCTV Surveillance Magellanic Cloud Limited has announced that its wholly-owned subsidiary, Provigil Surveillance Limited, has secured a Letter of Acceptance (LOA) from the South Western Railway, Hubli Division. The contract awards an aggregate value of INR 4.31 Crore Approx.The project involves the provision of CCTV at 75 Non-Interlocked Manned Level Crossing Gates over the Hubli Division. The comprehensive scope of work encompasses the supply, installation, testing, and commissioning of CCTV/Video Surveillance Systems, networking and telecom infrastructure, and the integration of monitoring systems. Additionally, the project requires power backup arrangements...

K. V. Toys India Ltd to Hold Board Meeting to Consider Investment in New Entity K. V. Toys India Ltd announced that its Board of Directors is scheduled to meet on Friday, June 5, 2026, at 5:00 PM IST. The meeting is slated to consider and approve a significant investment proposal for the company.The primary focus of the board session will be the consideration and approval of an investment in a new entity. This investment will be executed either through the subscription or acquisition of equity shares, or other specified securities. The company noted that this investment proposal is subject to the applicable provisions of the Companies Act, 2013, and any other required approvals.The details regarding the meeting were communicated by...

Karnataka Bank Partners with Tobacco Board to Offer Specialized Financial Solutions to Karnataka's Tobacco Growers Karnataka Bank has forged a strategic partnership with the Tobacco Board, Government of India, aimed at delivering customized financial solutions to registered tobacco growers across Karnataka. The initiative was formally launched on May 29, 2026.Under this collaboration, the bank will implement a dedicated suite of banking and credit facilities. These specialized services are designed specifically to address the financial requirements of tobacco farmers registered with the Tobacco Board. The partnership aims to promote financial inclusion, ensure timely access to credit, and support the sustainable growth of the...

Unihealth Hospitals Achieves Milestone with First Robotic Total Knee Replacement in Navi Mumbai Unihealth Hospitals Limited has announced a major milestone in its commitment to advanced healthcare, successfully completing the first Robotic Total Knee Replacement Surgery at its UMC Hospitals facility in Navi Mumbai. This achievement signifies a new era of precision-driven orthopaedic care at the institution, reinforcing the group's dedication to introducing world-class medical technology to the region.The robotic-assisted knee replacement procedure was successfully executed by the expert orthopaedic team at UMC Hospitals. The use of state-of-the-art robotic technology was designed to provide greater surgical precision, enhanced implant...