Markets

Astron Paper & Board Mill Ltd Approves Financial Results Amid Insolvency Proceedings Astron Paper & Board Mill Limited has formally approved its Audited Financial Results for the Quarter and Year ended March 31, 2026. The approval was noted by the Insolvency Resolution Professional (IRP) during a meeting held on May 30, 2026.The company remains under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016.Audit Report Highlights Disclaimer of Opinion While the IRP approved the financial results as per Indian Accounting Standards (Ind AS), the Statutory Auditors, M/s. H K Shah & Co., issued their report with a Disclaimer of Opinion regarding the financial results for the period ending March...

Trishakti Industries Ltd Announces Planned Entry into EV Machinery Segment Trishakti Industries Limited (BSE: 531279), a prominent infrastructure equipment rental company, has announced its planned expansion into the Electric Vehicle (EV) Machinery segment. This move is scheduled for Q2 FY27 and forms a key component of the company's ongoing fleet diversification and growth strategy.The proposed entry is designed to complement Trishakti's existing infrastructure and industrial equipment portfolio. By doing so, the company aims to capitalize on the emerging opportunities presented by the increasing adoption of sustainable technologies across India's industrial and infrastructure sectors. This initiative reinforces the company's...

Rajasthan Tube Manufacturing Company Ltd Approves Financial Results for Q4 FY2026; Re-appoints Additional Directors Rajasthan Tube Manufacturing Company Ltd announced the approval of its unaudited financial results for the quarter and year ended March 31, 2026. The Board of Directors held a meeting on May 30, 2026, where it considered and took record of these results, alongside a limited review report provided by the auditors.The independent auditors, Bakliwal & Co., opined that the Statement of quarterly and year-to-date financial results gives a true and fair view in conformity with applicable accounting standards and other accounting principles generally accepted in India.Financial Performance Highlights The company provided...

NIS Management Ltd Reports Strong Performance with Q4 FY26 Revenue of ₹118 Cr Kolkata: NIS Management Limited, a leading integrated services platform specializing in security, facility management, electronic security, and skill development, has announced its audited financial results for Q4 FY26 and the full year FY26. The company reported robust growth across key metrics, driven by consistent demand in its core service sectors.Consolidated Financial Highlights The company's performance, as indicated by its audited financial results, shows significant year-over-year growth in revenue and profitability.Particular (₹ Cr)Q4 FY26Q4 FY25YOYFY26FY25YOYTotal Income118.03103.5813.96%436.70405.337.74%...

Triveni Group Initiates Trading Suspension for SSEL Shares Amid Composite Scheme of Arrangement Triveni Engineering & Industries Limited announced the implementation of measures related to the suspension of trading in the securities of Sir Shadi Lal Enterprises Limited (SSEL). The action follows the fixing of a Record Date concerning a Composite Scheme of Arrangement involving Triveni Engineering and Industries Limited, SSEL, and Triveni Power Transmission Limited (TPTL).The Composite Scheme of Arrangement, approved by the National Company Law Tribunal (NCLT) and operating under Sections 230 to 232 of the Companies Act, 2013, aims to determine the shareholders entitled to receive shares.The company confirmed that the Record Date for...

Borosil Renewables Receives Show Cause Notice Regarding Import Duties Borosil Renewables Limited has received a Show Cause Notice concerning customs duties paid on imported capital goods. The notice, dated May 15, 2026, was issued by the Office of the Commissioner of Customs (NS-V) at Jawaharlal Nehru Customs House, Nhava Sheva, Raigad, Maharashtra.The communication alleges a short payment of custom duties related to the import of two specific items of capital goods. The disputed amount is detailed as Rs. 13.30 crores. The notice questioned why this amount should not be demanded along with interest and penalty.Borosil Renewables Limited stated that the company is currently evaluating the matter and plans to submit its formal reply...

UPL Limited's Subsidiary Acquires Shares in Advanta Investment Limited UPL Limited has reported the acquisition of shares in Advanta Investment Limited by its stepdown subsidiary, Advanta Seed International. The investment marks a strategic move by the subsidiary to focus on technology and Intellectual Property (IP) related ventures that directly or indirectly relate to the seeds business.The target entity, Advanta Investment Limited, was incorporated recently, on May 28, 2026. Its stated industry is Distribution and Investment, and its initial turnover was reported as not applicable, consistent with its newly incorporated status.Advanta Investment Limited will function as a stepdown subsidiary under Advanta Enterprises Limited, in...

Axis Bank Increases Stake in Axis Max Life Insurance Company to Boost Life Insurance Position Axis Bank Limited has announced an additional investment in the equity shares of Axis Max Life Insurance Company Limited. The investment aims to strengthen the Bank's presence and overall position within the Life Insurance sector.The investment, made following approval by the Acquisitions, Divestments and Merger Committee of the Bank’s Board of Directors, involves an outlay of up to Rs. 3,80,60,36,780/- (Indian Rupees Three Hundred Eighty Crore Sixty Lakhs Thirty Six Thousand Seven Hundred Eighty only). The acquisition utilizes cash consideration, with the cost determined by the Fair Market Value (FMV) as per the DCF Methodology.This...

Consortium of Seamec Limited Secures O&M Contract for ONGC Vessel Samudra Prabha Seamec Limited announced the execution of a significant contract, solidifying its position in the marine services sector. The company, in a consortium with Supreme Hydro Pvt Ltd, finalized a contract with the Oil and Natural Gas Corporation Limited (ONGC).The agreement covers the provision of Operation & Maintenance (O&M) Services for ONGC's owned vessel, MSV "Samudra Prabha."The contract spans the period from 2026 to 2028. Seamec Limited confirmed that the terms and conditions of the contract, when read alongside the Notification of Award, remain unchanged.SEAMECLTD Stock Price Movement Shares of Seamec Limited are rallying as of 3:04 PM, climbing...

Pulsar International Ltd Announces Change in Chief Financial Officer Role Pulsar International Ltd has announced the resignation of its Chief Financial Officer (CFO), Mr. Vipul Panchal. The company's Board of Directors has appointed Mr. Sohilkumar Dineshkumar Patel, an existing Executive Whole-time Director, to serve as the Interim Chief Financial Officer.Mr. Vipul Panchal tendered his resignation from the post of Chief Financial Officer (CFO) on June 1, 2026. He stated that his departure was due to personal reasons and his desire to pursue a law career. His duties as CFO were effective until the close of business hours on June 1, 2026. The Board of Directors noted the valuable services Mr. Panchal provided during his tenure with the...

TTK Healthcare Approves FY2026 Results, Recommends Rs. 10 Dividend, and Reappoints Chairman TTK Healthcare Limited announced the approval of its Audited Financial Results for the Fourth Quarter and the entire year ended March 31, 2026. At a Board meeting held on May 30, 2026, the Board took several key resolutions concerning leadership, accounting, and shareholder returns.The Company recommended a dividend of Rs. 10/- per Equity Share (100%) of Rs. 10/- each for the financial year ended March 31, 2026. This dividend is subject to the approval of the shareholders at the ensuing 68th Annual General Meeting (AGM), which is scheduled for Friday, July 24, 2026.The Board also approved the reappointment of Mr. T T Raghunathan as Executive...

YAAP Digital Reports Record FY26 Results, Marking Landmark Growth in Profit and Revenue YAAP Digital Limited, a leading digital-first media and marketing solutions company in India, has announced its Audited Financial Results for H2 FY26 and the full fiscal year FY26. The results highlight a period of significant growth, positioning the agency network with all-time high revenues and strong profitability in its first filing as a publicly listed company.The company, which is part of India's fastest-growing independent agency network, reported substantial increases across key metrics, with EBITDA growing by 89.11% and Net Profit growing by 97.95%.Key Financial Highlights (Consolidated) The financial performance showcases robust...

Indian Energy Exchange Limited Incorporates Wholly Owned Subsidiary, Indian Coal Exchange Limited Indian Energy Exchange Limited (IEX) has incorporated a wholly owned subsidiary, Indian Coal Exchange Limited, effective June 01, 2026. The incorporation establishes the company's presence in the coal trading sector, solidifying its footprint within the financial services industry.Indian Coal Exchange Limited will operate as a dedicated Coal Exchange, providing an online platform for buyers and sellers to transact, trade, and enter into contracts related to coal. This move allows IEX to expand its exchange operations into the coal market.The consideration for the paid-up share capital of Indian Coal Exchange Limited is payable in cash...

GSM Foils Limited Uploads Public Videos for Mumbai and Ahmedabad Plants GSM Foils Limited has announced the public upload of plant videos for its units in Mumbai and Ahmedabad. The company stated that the video clips are being disseminated to address multiple requests received from investors regarding details of both operational units.The video links provide an overview of the company's facilities in both locations.GSM Foils Mumbai Unit:GSM Foils Ahmedabad Unit:GSMFOILS Stock Price Movement Shares of GSM Foils Limited are gaining strength to ₹204 as of 2:54 PM, rallying 1.17% in live trading. The equity is currently trading within its day's range of ₹199 to ₹205, supported by a volume of 58,000 shares traded so far.

V.L. Infraprojects Posts Strong FY26 Results, Crossing ₹ 150 Crore Revenue Mark Ahmedabad, June 1, 2026: V.L. Infraprojects Limited (NSE Code - VLINFRA), an engineering and construction company specializing in water supply, sewerage, and irrigation infrastructure projects, has announced its Audited Financial Results for H2 FY26 and FY26, reflecting strong project execution and operational performance.The company’s performance indicates significant growth across its key financial metrics, confirming its position in the water infrastructure sector.Financial Performance Overview The company reported robust growth metrics across both the half-year and full-year periods. The financial highlights for V.L. Infraprojects Limited are...

Sat Kartar Life Limited Receives NABH Accreditation for Healthcare Services Sat Kartar Life Limited, which was formerly known as Sat Kartar Shopping Limited, has received NABH Accreditation from the National Accreditation Board for Hospitals & Healthcare Providers. The accreditation was granted to the company's facility located in Paschim Vihar, New Delhi, Delhi, covering its integrated healthcare services.The accreditation recognizes the quality of care provided at Sat Kartar Sanjeevan Hospital, located at Plot No. 18, Paschim Vihar Extension, New Delhi, Delhi - 110063. The services covered under the accreditation are detailed as follows:S.No.Location of HospitalServices Accredited1Sat Kartar Sanjeevan Hospital, Plot No. 18...

Dabur India Clarifies USFDA Observations on Silvassa Plant; States No Financial or Operational Impact Dabur India Ltd has issued a clarification addressing recent reports in the mainstream media concerning observations made by the United States Food & Drug Administration (USFDA). The company addressed news appearing on May 29, 2026, and May 30, 2026, providing details regarding the scope of the findings and its ongoing corrective actions.The company confirmed that the observations provided by the USFDA relate to only a small segment of its manufacturing plant located at Silvassa, Dadra and Nagar Haveli. Dabur India stated that this specific plant generates insignificant revenue for the business.Despite the audit findings, Dabur...

Nelco Limited Reports on Sustainability and Operational Updates for FY 2025-26 Nelco Limited, a TATA Enterprise and a leading provider of satellite communication services, released its Business Responsibility and Sustainability Report covering the financial year 2025-26. The report details the company's strong focus on ESG governance, operational efficiency, and commitment to sustainable growth.Core Business and Financial Overview Nelco Limited generates its revenue primarily through Information and Communication services, specifically providing wired, wireless, or satellite telecommunication services, which account for 100% of the entity's turnover.The company reports robust financial parameters, with a paid-up capital of INR...

Ashiana Housing Reports Operational Performance for May 2026 Ashiana Housing Ltd. has released an operational update detailing the company's performance for the month ended May 31, 2026. The report provides key metrics regarding the area booked and the corresponding value, comparing the most recent month's figures against the year-to-date (YTD) totals.The operational figures highlight the area booked and the total value booked for the specified period. The data provides a clear comparison between the May 2026 figures and the cumulative year-to-date metrics up to May 2026.The performance data is summarized in the following table:ParticularsMay 2026YTD May 2026Area Booked (in lakhs sq. ft.)1.432.28Value of Area Booked (INR...

Raghav Productivity Enhancers Approves Board Report and Key Director Re-appointments Raghav Productivity Enhancers Limited (formerly Raghav Ramming Mass Ltd.) announced the outcome of its second Board Meeting for the financial year 2026-27, held on June 1, 2026. The meeting, which was conducted via Video Conferencing, approved the company’s Board Report for the financial year ended March 31, 2026.During the meeting, the board considered and approved several key appointments and revisions to directorship terms.The board approved the re-appointment of independent directors Mr. Hemant Nerurkar Madhusudan and Mr. Amar Lal Daultani. Mr. Rajesh Kabra was re-appointed as Managing Director, and Mr. Sanjay Kabra was re-appointed as Chairman...