Markets

Canarys Automations Secures Major Contract Win with Finfactor Technologies for Azure Billing Services Canarys Automations Limited has announced it has secured a significant work order from Finfactor Technologies Private Limited, commonly known as Swiffy Labs. The contract involves providing specialized Azure billing services to the client.The engagement requires Canarys to provide Azure billing services by raising monthly invoices in Indian Rupees (INR) corresponding to the client's Azure service consumption.The contract details highlight the commercial size and scope of the collaboration.ParticularsDetailsCustomerFinfactor Technologies Private Limited (Swiffy Labs)Service ProvidedAzure billing services by raising monthly...

Dr. Agarwal's Health Care and Eye Hospital to Amalgamate in Scheme Under NCLT Order Dr. Agarwal's Health Care Limited (AHCL) is set to amalgamate with Dr. Agarwal's Eye Hospital Limited (AEHL) through a Scheme of Amalgamation. The amalgamation is being conducted following an order by the National Company Law Tribunal (NCLT), and a meeting of the Secured Creditors has been convened to consider and potentially approve the transaction.The meeting for the Secured Creditors of AHCL is scheduled for Thursday, July 02, 2026, at 03:00 P.M. IST. The meeting venue has been set at The Music Academy, T.T.K. Road, Chennai - 600 014.The amalgamation, which will see AEHL stand amalgamated into AHCL, aims to consolidate the businesses of both...

Dr. Agarwal's Group to Merge: Creditors to Approve Amalgamation of AEHL and AHCL Dr. Agarwal's Health Care Limited (AHCL) and Dr. Agarwal's Eye Hospital Limited (AEHL) are undertaking a Scheme of Amalgamation. Unsecured Creditors are scheduled to attend a meeting to consider and approve the scheme, which aims to merge AEHL into AHCL to create a single, stronger entity.The meeting of the Unsecured Creditors of AHCL has been directed by the National Company Law Tribunal (NCLT) to take place on Thursday, July 02, 2026, at 04:00 P.M. IST. The venue for the meeting will be The Music Academy, T.T.K. Road, Chennai - 600 014.The amalgamation involves merging AEHL with AHCL, making the former an undertaking vested in the latter.Key Terms...

Identixweb Posts Strong Financial Results for FY26, Highlights AI-Driven E-Commerce Expansion Identixweb Ltd. has announced its audited standalone and consolidated financial results for the half year and the full year ended March 31, 2026. The company reported robust growth across key financial metrics, driven by its focus on high-yield SaaS solutions for the global e-commerce market.The financial results show significant year-on-year improvements, with total revenues for the full year FY26 reaching ₹ 1,304.7 lakhs.Financial Performance Analysis The company's performance across the reporting periods can be summarized as follows:Metric (₹ Lakhs)H2 FY26H2 FY25H2 Change (%)FY26FY25YoY Change (%)Revenue from...

Eicher Motors' Subsidiary VE Commercial Vehicles Reports Sales Volumes for May 2026 Eicher Motors Ltd has released detailed sales volume data for its unlisted subsidiary, VE Commercial Vehicles Limited (VECV), covering the month of May 2026. The data provides a comprehensive overview of the company's performance across domestic and international markets.The reported figures illustrate the sales volume for various segments, including Total Eicher Trucks and Buses, Domestic sales, Exports, and specialized vehicle types like Volvo Trucks and Buses.VECV Sales Volume Data Overview The following table summarizes the sales volumes for VE Commercial Vehicles Limited, comparing actual figures for May 2026 and May 2025, alongside Year-to-Date...

CASHurDRIVE Secures Multiple Mandates Across Media and EV Charging Infrastructure Cash Ur Drive Marketing Limited, a prominent transit media and mobility solutions company, has announced the successful acquisition of several business mandates, signalling continued business momentum and strengthening its revenue visibility. The developments span outdoor advertising, Out-of-Home (OOH) media services, and the rapidly growing domain of EV charging infrastructure operations.The multiple mandates award the company a mix of long-term operational visibility alongside near-term execution opportunities, thereby expanding its business pipeline and client portfolio.Key Business Engagements Detailed The company confirmed receiving three major...

BWL Ltd Approves FY26 Annual and Quarterly Financials; Board Reviews Budget 2026-27 BWL Ltd announced that its Board of Directors approved the quarterly financial statements for the quarter ended March 2026, along with the annual financial statements for the year ended March 2026. The board meeting, which took place on May 30, 2026, also approved the Budget for the financial year 2026-27.During the meeting, the board also passed resolutions to approve the calling of an Annual General Meeting (AGM), which will be held in online/hybrid mode on the NSDLicDSL platform. Ms. Soma Saha, PCS, Kolkata, was appointed as the scrutinizer for the meeting. Furthermore, the board approved fielding resolutions for borrowing from related and...

Magellanic Cloud Adds Rs 7.64 Crore South Central Railway Contract to Public Sector Order Pipeline Hyderabad, June 1, 2026 — Magellanic Cloud Ltd (NSE: MCLOUD | BSE: 538891), a global technology company specializing in digital transformation, artificial intelligence (AI), cloud computing, and surveillance solutions, announced that its wholly owned subsidiary, Provigil Surveillance Limited, secured a Letter of Acceptance (LOA) from South Central Railway, Nanded Division. The contract, with an aggregate value of approximately Rs 7.64 Crore, pertains to the implementation of an IP-based Video Surveillance System.The scope of the project covers Stabling Lines, Washing Yards, and Pit Lines across the Nanded Division. The work mandate...

SAR Televenture Initiates Open Offer for Grand Foundry Limited with Revised Timeline and Financial Updates D & A Financial Services (P) Limited, acting as the Manager, released a Corrigendum to the Detailed Public Statement concerning the Open Offer of Grand Foundry Limited. The offer is being made by M/s SAR Televenture Limited (the Acquirer) under applicable takeover regulations. The updated document details the revised schedule of activities, along with financial summaries for both the Acquirer and the Target Company.The notice confirms that the original schedule of activity related to the Open Offer has been revised. Key dates for the process, as detailed in the revised schedule, include:ActivityOriginal ScheduleRevised...

Crestchem Ltd. Announces Financial Results for FY 2026; Recommends Dividend and Confirms Subsidiary Investment Crestchem Ltd. has announced the outcome of its Board of Directors meeting, detailing its Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. The board meeting also included the recommendation of a final dividend and major approvals related to corporate structure and management appointments.Financial Results Summary The company reported significant growth across its financials for the year ending March 31, 2026. The audited results show the following key figures for the quarter and the full fiscal year.The table below outlines the Standalone and Consolidated Financial Results...

Graviss Hospitality Ltd Approves Appointment of Amrit Mirpuri as Additional Director The Board of Directors of Graviss Hospitality Ltd held a meeting on Monday, June 01, 2026, and approved key personnel changes, including the appointment of Mr. Amrit Mirpuri as an Additional Director.The Board noted the appointment of Mr. Amrit Mirpuri (DIN: 00250898) as an Additional Director (Non-Executive and Non-Independent Director) effective June 01, 2026.Mr. Amrit Mirpuri brings extensive experience to the role, having accumulated approximately 35 years of diverse professional knowledge in real estate development and construction management. His professional background includes deep contacts with suppliers, vendors, Original Equipment...

Manav Infra Projects Secures Revised Work Order for Mumbai Project Worth Rs. 12 Crore Manav Infra Projects Limited has secured a revised and fresh work order for infrastructure development in Mumbai. The new contract is with Kanakia Transparent Developers Private Limited for infra works related to the Shree Mohan CHSL project, located at Janeshwar CHS, Borivali, Mumbai-400091.The company announced the significant increase in the project value, citing changes in the project scope and an extension of work at the site.Previously, Manav Infra Projects had received a work order for the Mumbai project amounting to Rs. 7,23,96,812/- (Rupees Seven Crores Twenty Three Lakhs Ninety Six Thousand Eight Hundred and Twelve Only). This initial...

Shree Tirupati Balajee Agro Trading Company Ltd. Board Approves Financial Results for FY Ended March 31, 2026 Shree Tirupati Balajee Agro Trading Company Ltd., a manufacturer of HDPE / PP WOVEN SACKS, FIBC / JUMBO BAGS, BOPP / NON WOVEN BAGS, and TARPOLINE, has announced that its Board of Directors approved the audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended March 31, 2026. The company, formerly known as Shree Tirupati Balajee Agro Trading Company Private Limited, operates as an ISO Certified 9001-2015 company.The Board of Directors convened its meeting on Friday, May 29, 2026, to review and approve the financial performance. During the meeting, the Board approved the audited...

Natural Capsules Limited Corrects Rights Issue Details for Material Subsidiary Natural Capsules Limited has issued a correction regarding the details of a Rights Issue, which was initially reported following the Board Meeting of its material unlisted subsidiary, Natural Biogenex Private Limited.The correction addresses a typographical and clerical error concerning the total number of equity shares involved in the approved Right Issue.The previous intimation had incorrectly stated the total number of equity shares as 11,11,200. Natural Capsules Limited has confirmed that the final, revised figures are as follows:DetailCorrected FigureCorrected Number of Equity Shares offered11,11,205 Equity Shares of Rs. 10/- eachCorrected...

Bharatiya Global Infomedia Appoints Deepak Srivastava as Independent Director, Jamuna Prasad Sharma as CFO Bharatiya Global Infomedia Ltd has announced significant key personnel changes, appointing Mr. Deepak Srivastava as an Independent Director and naming Mr. Jamuna Prasad Sharma as the Company's Chief Financial Officer (CFO). Both appointments are effective from May 29, 2026.The board changes enhance the company's management structure, with Mr. Srivastava joining as an Independent Director, and Mr. Sharma joining as a Whole-Time Key Managerial Personnel (KMP) in the CFO role.Key Appointments and Profiles The company provided details regarding the appointees, confirming their roles, effective dates, and professional backgrounds...

Ashok Ramachandran Appointed President, India Business, to Strengthen Suzlon's Renewable Energy Push Suzlon Group has announced the appointment of Mr. Ashok Ramachandran as the new President, India Business, and Senior Managerial Personnel, effective June 4, 2026. The strategic appointment aims to bolster Suzlon's growth and execution capabilities as the company accelerates its transition into a full-stack renewable energy provider. Mr. Ramachandran will report directly to Ajay Kapur, Chief Executive Officer, Suzlon Group.Ashok Ramachandran brings over two decades of global leadership experience spanning energy, industrial products, and vertical mobility across India, Southeast Asia, and Australia. He is recognized for his ability to...

Avantel Limited Schedules 36th Annual General Meeting for FY 2025-26 Avantel Limited announced that its 36th Annual General Meeting (AGM) is scheduled to take place on Wednesday, June 24, 2026. The meeting is set to begin at 11:00 A.M. (IST) and will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).The primary focus of the meeting involves the presentation and adoption of the Annual Report for the Financial Year (FY) 2025-26.Annual Report Availability The Notice of the AGM, along with the Annual Report for FY 2025-26, is accessible digitally for shareholders. The materials can be found on the Company’s investor website at www.avantel.in/investors.In addition to the company portal, the Annual Report...

Power Finance Corporation Limited Reports Change in Senior Management Power Finance Corporation Limited has reported a change in its senior management positions. The corporation announced that Executive Director Shri G. Jawahar has retired from his service.The retirement occurred on the grounds of superannuation. The change in the senior management structure took effect on May 31, 2026 (A/N).The key details regarding the senior management change are as follows:ParameterDetailsExecutive DirectorShri G. JawaharReason for ChangeAttaining the age of superannuationDate of ChangeMay 31, 2026 (A/N)PFC Stock Price Movement As of 12:09 PM, shares of Power Finance Corporation Limited are slipping by 0.61% in live trading...

Innovative Tyres & Tubes Approves New Director and Reviews Half-Year Financial Results Innovative Tyres & Tubes Limited announced key governance updates and considered its financial performance during a Board of Directors meeting held on May 30, 2026. The Board approved the company's Audited Financial Results for the Half Year and year ended March 31, 2026.In significant corporate governance developments, the Board unanimously approved the appointment of Mr. Kamlesh Joshi (DIN: 01783387) as an Independent Director. The appointment aims to strengthen the Board's composition and enhance corporate governance. The Board also approved the appointment of Ms. Sneh Chauhan as Chairman of the Audit Committee. The Board noted that Mr...

Petronet LNG Announces Record Date for Final Dividend of Rs. 3.00 Per Share Petronet LNG Ltd announced that the record date for determining entitlement to its final dividend for the financial year 2025-26 has been fixed. The company stated that the final dividend, amounting to Rs. 3.00 per share, has been recommended by the Board of Directors.The Board of Directors had recommended this final dividend during its meeting held on May 4, 2026.Petronet LNG confirmed that the record date for the equity shares, which have a face value of Rs. 10/- each, has been set as Friday, June 12, 2026.The payment of the recommended final dividend is contingent upon its approval at the ensuing Annual General Meeting (AGM). If the dividend is approved...