Markets

B.R.Goyal Infrastructure Reports Strong Growth in H2 FY26, Driven by Order Execution B.R.Goyal Infrastructure Limited announced its audited financial results for the second half and full year ended March 31, 2026. The company, which is engaged in the construction of roads, highways, bridges, buildings, waste water treatment projects, and toll collection, reported significant year-over-year growth across key financial metrics.The company’s performance in the second half of FY26 showed strong execution, while the full fiscal year reflected robust growth across all major vertical segments.Consolidated Financial Performance Overview The audited financial results present a clear picture of the company’s enhanced operational efficiency...

Satin Creditcare Network Ltd. Board to Consider Fundraising through Securities Issuance Satin Creditcare Network Ltd. announced that its Board of Directors is scheduled to convene a meeting on Thursday, June 04, 2026. The primary agenda for the meeting is to consider and approve a proposal to raise funds through the issuance of securities.The proposed fundraising mechanism involves one or more instruments, which may include a Preferential Issue, a Rights Issue, or any other mode deemed suitable by the Board.The company also provided details regarding the temporary closure of the trading window for its securities. Following compliance with insider trading regulations, the trading window for all designated persons and their immediate...

Maruti Suzuki Reports Production Volume for May 2026 Maruti Suzuki India Limited announced its production figures for May 2026, detailing the volume across various vehicle segments, including passenger cars, utility vehicles, and light commercial vehicles. The data compares the production achieved in May 2026 against the corresponding figures from May 2025.The company's total production of passenger vehicles for May 2026 reached 226,100 units, compared to 193,466 units recorded in May 2025. Overall, the grand total production, encompassing both passenger and light commercial vehicles, stood at 230,041 units in May 2026, up from 195,882 units the previous year.The segmented production volumes for May 2026 and May 2025 are detailed...

Akme Fintrade Allots 4.75 Crore Warrants to Allottees on Preferential Basis Akme Fintrade (India) Limited reported that its Board of Directors held a meeting on June 01, 2026, where it considered and approved the allotment of fully convertible Warrants. This allotment follows the shareholder approval obtained at the Extra-ordinary general Meeting on March 20, 2026, and subsequent in-principle approvals from the listed exchanges.The Board allotted a total of 4,75,00,000 fully convertible Warrants to various allottees belonging to both the 'Promoter & Non-Promoter Category.' The Warrants were issued on a preferential basis at an issue price of Rs. 7/- per Warrant.The allotment was made upon the receipt of an upfront payment...

NMDC Reports Provisional Production and Sales Details for Iron Ore Up to May 2026 NMDC Ltd has released the provisional details regarding the production and sales of Iron Ore for and up to the month of May 2026 for the financial year 2026-27. The data provides a comparative analysis of monthly and cumulative figures for Chhattisgarh and Karnataka.The company's operational metrics, categorized by sector, are presented below, covering performance for May 2026 and Year-to-Date (YTD) data comparing up to May 2026 versus up to May 2025.SectorMonthly Production (MT)Monthly Sales (MT)Cumulative Production (MT)Cumulative Sales (MT)Chhattisgarh3.99 (May'26) / 3.06 (May'25)3.34 (May'26) / 3.00 (May'25)7.66 (Upto May'26) / 5.91 (Upto...

High Court Appoints Sole Arbitrator in Royal Orchid Hotels Arbitration Dispute Royal Orchid Hotels Limited confirmed that the company received an order from the Hon'ble High Court of Rajasthan, Jaipur Bench, regarding an ongoing arbitration dispute. The order pertains to Arbitration Application No. 16/2023, concerning disputes arising under a Memorandum of Understanding dated April 18, 2007, executed between Tambi & Others and Royal Orchid Hotels Limited & Others for its associate company, Ksheer Sagar Developers Private Limited.The High Court's proceedings resulted in the appointment of a Sole Arbitrator. On May 26, 2026, the Hon'ble High Court of Rajasthan, Jaipur Bench, allowed the application filed under Section 11 of the...

Value 360 Communications Announces Board Approval of Half-Year and Full-Year Financial Results Value 360 Communications Limited, which was formerly known as Value 360 Communications Private Limited, confirmed on June 1, 2026, the approval of its audited Standalone and Consolidated Financial Results. The company’s Board of Directors reviewed and recommended the financial results, along with the corresponding Auditors Reports issued by Raj K Sri & Associates, Chartered Accountants, Statutory Auditors, for the half year and financial year ended March 31, 2026.The Board meeting, held on June 1, 2026, approved the financial results, which were previously reviewed and recommended by the Audit Committee.Corporate Governance and Key...

SEBI Drops Key Order in Rudrabhishek Infrastructure Trust Matter Regulatory Announcement Issued by SEBI The Securities and Exchange Board of India (SEBI) has formally released an order concerning the Rudrabhishek Infrastructure Trust. This significant regulatory action marks a key development in the ongoing oversight of the trust.The directive was issued on June 1, 2026. This announcement pertains specifically to the governance and operational status of the infrastructure fund.Details of the SEBI Order The regulatory filing confirms that SEBI utilized its established powers to issue the order. The matter is documented under the reference number CGM/HO/AFD/I/12784/2026.This specific reference number provides a clear audit trail for...

SEBI Issues Landmark Order for Exponential Innovation Fund, Guiding Future Regulatory Path SEBI has released a significant regulatory order pertaining to the Exponential Innovation Fund. This directive establishes clear guidelines and necessary procedural steps for the fund's operations. The release signifies the regulator's formal stance on the structure and management of innovative capital investment vehicles.The order, dated June 1, 2026, addresses critical components of the fund's governance and structure. Investors and industry participants should familiarize themselves thoroughly with the specific mandates detailed in the document.Key Details of the SEBI Order The Securities and Exchange Board of India (SEBI) issued the formal...

SEBI Drops Landmark Order on Florintree India Flexi Advantage Trust, Defining New Regulatory Standards The Securities and Exchange Board of India (SEBI) has issued a significant regulatory order concerning the Florintree India Flexi Advantage Trust. The decision, formally released on June 1, 2026, is expected to provide crucial clarity to the investor and structured product market.This regulatory intervention underscores SEBI's continuous mandate to maintain transparency and adherence within the market infrastructure. The announcement itself has immediate implications for how such specialized trusts operate moving forward.SEBI Issues Binding Order for Florintree Trust The regulatory filing, bearing the identifier...

Kaushik Joshi Group to Acquire 50% Stake in Trio Mercantile & Trading Ltd at ₹1.25 Per Share Kaushik Jagannath Joshi and associated persons plan to acquire a controlling 50% stake in Trio Mercantile & Trading Limited. The proposed acquisition involves acquiring 3,39,68,300 fully paid Equity Shares of the Target Company at an offer price of ₹1.25 each.The offer is made by Kaushik Jagannath Joshi (Acquirer) along with Amita Kaushik Joshi (PAC 1), Krishna Kaushik Joshi (PAC 2), Radhika Kaushik Joshi (PAC 3), and M/s. Joshi Kaushikkumar Jagannath HUF (PAC 4).The Acquirer and the associated parties entered into a Share Purchase Agreement on May 26, 2026. As part of this agreement, they have also agreed to acquire 32,66,558 fully paid-up...

Carysil Limited Subsidiary, Carysil Ceramictech Limited, Voluntarily Struck Off CARYSIL LIMITED has confirmed that its wholly owned subsidiary, Carysil Ceramictech Limited, has been struck off the Register of Companies. The action was completed by the Registrar of Companies, Mumbai, with effect from June 01, 2026.Following this corporate restructuring, Carysil Ceramictech Limited ceased to be a wholly owned subsidiary of Carysil Limited as of June 01, 2026.The operational details related to the disposal of the subsidiary were noted in the accompanying records. As the subsidiary had not commenced operations since its incorporation, the filings indicated that there was no turnover, revenue, income, or net worth contribution during the...

Cochin Shipyard Limited Extends Additional Charge of Chairman & Managing Director Cochin Shipyard Limited (CSL), a Government of India Category-1 Miniratna Company under the Ministry of Ports, Shipping and Waterways, has announced an extension for the additional charge of the post of Chairman & Managing Director (CMD).The Ministry of Ports, Shipping and Waterways, Government of India, communicated on June 01, 2026, the approval for extending the additional charge of the CMD. This charge was entrusted to Shri Jose V J, Director (Finance).The extension follows the retirement on superannuation of the then Chairman & Managing Director, Shri Madhu Sankunny Nair.The competent authority approved the extension for a further period of 3...

Shree Securities Ltd Shifts Registered Office to Kolkata Shree Securities Ltd has confirmed a change in its registered office location, following a decision made by its Board of Directors. The transition is effective immediately, from June 1, 2026.The Board meeting on June 1, 2026, accorded consent to shift the company's registered office. The shift moves the location from Office No. 427, Rangoli Forum Mall, 212, Girish Ghosh Road, Belur, Howrah- 711202, West Bengal, India.The new registered office address for Shree Securities Ltd will be 41/A Tara Chand Dutta Street, 2nd Floor, Kolkata-700073.The Board of Directors meeting convened on this date, commencing at 4:00 P.M. and concluding at 4:30 P.M. The change in the registered...

VIP Industries Launches 'Travel VIP' Campaign with Three New Collections for Modern Travellers VIP Industries Limited, through its flagship consumer brand VIP, has launched the 'Travel VIP' campaign. This new initiative introduces three distinct luggage collections—VIP Classic, VIP Flex, and VIP Pod—engineered to meet the evolving requirements of the modern Indian traveller. The campaign positions the brand as a design-led, functionally intelligent choice in the luggage category.Conceptualized by McCann India, the campaign marks a new chapter for the iconic brand, utilizing cinematic product films to showcase the collections with bold color palettes and aspirational settings.Atul Jain, Managing Director of VIP Industries Ltd...

Gujarat Energy Announces Revised Standalone and Consolidated Financial Results for FY2026 Gujarat Energy Limited (formerly Gujarat Gas Limited - GGL) has released its revised financial results for the quarter and year ended March 31, 2026. The company issued the clarification confirming that an earlier filing inadvertently displayed Profit After Tax (PAT) instead of the required Profit Before Tax (PBT) figures in the standalone Segment-wise Financial Details.The revised financial results incorporate the correct Profit Before Tax (PBT) figures for the Segment-wise Details. The company noted that this revision only pertains to the display of PBT figures in the Segment-wise Statement and does not alter the actual financial results or...

IndiQube Signs ₹52 Crore Workspace Deal with Leading Consulting Firm in Bengaluru Bengaluru, India, 1st June 2026: IndiQube Spaces Limited, a leading tech enabled workspace solutions platform, announced the signing of a ₹52 crore workspace deal. This transaction involves a leading consulting and management services company and secures a five-year tenure in Yelahanka, North Bengaluru.The deal is substantial, covering over 700 seats and marks a significant enterprise mandate for IndiQube in one of Bengaluru's rapidly expanding commercial corridors. This agreement underscores a larger trend observed within India's office market, where consulting, professional services, and knowledge led enterprises are increasingly seeking workspaces...

Strides Pharma Science Confirms Scheme of Demerger Effective Date for Arco Lab and Pivot Path Strides Pharma Science Limited confirmed that the Scheme of Demerger involving Arco Lab Private Limited and Pivot Path Private Limited has become effective. The demerger, concerning the identified business of Arco Lab to Pivot Path, became effective from June 1, 2026.The Company stated that following the approval granted by the National Company Law Tribunal, Bengaluru Bench (NCLT), the scheme was finalized. This operational status was established after a certified copy of the NCLT Order approving the Scheme of Demerger was received on May 25, 2026.The key details regarding the demerger include the following timeline and participants...

Fino Payments Bank Partners with Ezee.ai to Build AI-Powered Lending Ecosystem for SFB Transition Fino Payments Bank Limited announced a strategic partnership with Ezee.ai, a move designed to establish a sophisticated lending ecosystem and facilitate the bank's transition into a Small Finance Bank (SFB).The collaboration marks a significant milestone in Fino Payments Bank's SFB implementation journey. Through this partnership, the bank will deploy several advanced systems, including an AI-enabled Loan Origination System (LOS), a Business Rules Engine (BRE), and a Collections Management Platform.Ketan Merchant, Interim CEO of Fino Payments Bank, emphasized the bank's long-term vision. He stated that the bank aims to build a...

Brahmaputra Infrastructure Reports Strong FY26 Performance; Revenue Surges 50.9%, Order Book Exceeds ₹ 1,600 Cr Brahmaputra Infrastructure Limited, an experienced infrastructure EPC company operating across roads, highways, railways, and urban infrastructure, today announced its audited financial results for the fourth quarter and full year ended March 31, 2026. The results highlight a robust performance, with revenue surging 50.9% and Profit After Tax (PAT) nearly doubling to ₹ 59.61 crore.The company ended the financial year with an order book exceeding ₹ 1,600 crore, providing strong visibility for continued growth.Key Financial Highlights (Standalone & Consolidated) Brahmaputra Infrastructure presented strong year-on-year growth...