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Greaves Cotton Limited to Invest Rs. 50 Crores in Wholly Owned Subsidiary, Greaves Finance Greaves Cotton Limited has announced a planned investment of approximately Rs. 50 Crores into its wholly owned subsidiary, Greaves Finance Limited (GFL). The funding will be achieved through the subscription of equity shares offered on a rights basis.Greaves Cotton Limited confirmed that the investment will be utilized by GFL for general corporate, business, and on-lending purposes. This capital infusion is expected to take place on or before June 5, 2026.Greaves Finance Limited OverviewGreaves Finance Limited, incorporated on December 31, 1958, operates as a Non-Banking Financial Company. The company is primarily engaged in the business of...

Lupin Limited Presents Phase 1 Data on SOS1 Inhibitor LNP8701 at ASCO 2026 Lupin Limited announced that data from its Phase 1a trial evaluating LNP8701, an investigational SOS1 inhibitor, has been accepted for publication at the American Society of Clinical Oncology (ASCO) 2026 Annual Meeting. The meeting is scheduled to take place from May 29 to June 2, 2026, in Chicago, IL.The abstract, titled "A phase 1 study to evaluate safety, tolerability, and pharmacokinetics of LNP8701 (SOS1 inhibitor) in subjects with metastatic solid tumors," was published in the Developmental Therapeutics-Molecularly Targeted Agents and Tumor Biology track.LNP8701 is an orally administered compound designed to function as an SOS1 (Son of Sevenless1)...

Royal Enfield Launches Bullet 650 in India, Elevating Iconic 94-Year-Old Motorcycle Royal Enfield has announced the highly anticipated launch of the Bullet 650 in India. The motorcycle, which occupies the mid-size segment, represents a significant evolution of the brand's iconic Bullet line, available at an ex-showroom price of ₹ 3,64,856. The launch signals a new chapter for the world's longest running motorcycle in continuous production.Royal Enfield, which leads the mid-size motorcycle segment (250cc-750cc), introduced the powerful 650cc avatar on May 28, 2026. The Bullet, first introduced in 1932, has deep cultural roots, currently celebrating its 94th year of resilient production.B Govindarajan, Managing Director of Eicher...

The Anup Engineering Limited Approves FY Results and Recommends Final Dividend The Anup Engineering Limited announced the outcome of its Board Meeting held on May 28, 2026. During the meeting, the Board approved the audited standalone and consolidated financial results for the quarter and the full financial year ended March 31, 2026.The Board also recommended a final dividend of Rs. 12/- per equity share, corresponding to a face value of Rs. 10.00/- each, for the financial year ended March 31, 2026. This dividend recommendation remains subject to approval by the members at the ensuing Annual General Meeting.Furthermore, the company appointed M/s. Shap & Tannan Associates, Chartered Accountants (Firm Reg. No. 109983W), as the...

Alkem Laboratories Board Approves Financial Results, Recommends Dividend, and Re-appoints Director Alkem Laboratories Limited held its Board of Directors meeting on May 28, 2026. During the meeting, the Board approved the audited financial results for the quarter and the financial year ended March 31, 2026, and recommended a final dividend for the shareholders’ consideration.The Board confirmed that the Auditors expressed an unmodified opinion on the Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.In a key corporate governance decision, the Board approved the re-appointment of Mrs. Madhurima Singh as an Executive Director of the Company. This appointment is for a term of five...

Ajooni Biotech Limited Announces Financial Results and Unmodified Audit Opinion Ajooni Biotech Limited's Board of Directors met on May 28, 2026. During the meeting, the Board considered and approved the audited financial results for the year ended March 31, 2026, along with the corresponding auditor's report and the declaration of an Un-Modified Opinion.Standalone Financial Results Overview The standalone financial results for the quarter ended March 31, 2026, show the following performance metrics (figures in Lakhs):ParticularsQuarter Ended 31.03.2026Quarter Ended 31.12.2025Quarter Ended 31.03.2025Year Ended (Audited) 31.03.2026Year Ended (Audited) 31.03.2025Revenue from operations6,062.215875332,927.4418,237.8111,469.19...

Vadivarhe Speciality Chemicals Reports Audited Financial Results for FY 2026; Appoints Internal Auditors Vadivarhe Speciality Chemicals Limited announced the results of its Board of Directors meeting held on May 28, 2026. The company approved the audited financial statements and results for the half year and the full Financial Year ended March 31, 2026. Furthermore, the board approved the appointment of M/s. Yatin and Associates, Chartered Accountants, as the Internal Auditors for the financial year 2026-27.The company released its financial performance data, alongside the statutory audit report from S. R. Rahalkar & Associates, Chartered Accountants, which provided an unmodified opinion on the audited annual financial results for the...

Sanstar Limited Board Approves ₹1,98 Crore Fundraise, Capital Increase, and Joint Venture Strategy Sanstar Limited announced several major corporate actions following its Board meeting held on May 28, 2026. The board approved a significant fundraising round through a preferential issue, alongside expanding the company’s capital structure and establishing a strategic joint venture focused on specialty ingredients.The board also resolved to alter the company’s Memorandum of Association (MOA) to encompass a broader scope of manufacturing and trading activities and approved the convening of an Extraordinary General Meeting (EGM) on June 20, 2026, to seek shareholder approval for these proposed changes.Capital Restructuring and...

FCS Software Solutions Appoints Internal Auditor for 2026-27 Financial Year FCS Software Solutions Limited announced the appointment of Vijay Kumar & Associates, Chartered Accountants, as its Internal Auditor for the financial year 2026-27. The Board of Directors approved the appointment during a meeting held on May 28, 2026.The Internal Audit function is crucial for examining the company's overall operations and activities. The appointment was made following a recommendation from the audit committee.Details of the AppointmentThe company's records indicate the following key details regarding the selection and tenure of the Internal Auditor:ParticularsDetailsFirm AppointedM/s Vijay Kumar & Associates, Chartered Accountants...

Alkem Laboratories Approves Re-appointment of Mrs. Madhurima Singh as Executive Director Alkem Laboratories Limited announced that its Board of Directors, during a meeting held on May 28, 2026, approved the re-appointment of Mrs. Madhurima Singh as an Executive Director.The board approval, which is subject to the recommendation of the Nomination and Remuneration Committee and the Audit Committee, sets the new term for Mrs. Madhurima Singh. The re-appointment covers a period of five consecutive years.Details regarding the appointment are as follows:ParticularsDetailName of DirectorMrs. Madhurima SinghRoleExecutive DirectorReason for ChangeRe-appointmentDate of Re-appointmentDecember 20, 2026Term of Re-appointment5...

Century Plyboards' Subsidiary Commences Commercial Production at Andhra Pradesh Unit Century Plyboards (India) Limited has announced the successful commencement of commercial production at its resin manufacturing unit. The facility belongs to the Company's step-down subsidiary, Century Adhesives & Chemicals Ltd.The resin manufacturing unit, located in Naidupetta, Andhra Pradesh, began its commercial operations on May 28, 2026. This operational milestone marks a significant development for the materials segment of the company.CENTURYPLY Stock Price Movement Century Plyboards (India) Limited shares slipped 0.29% on Wednesday, closing at ₹770.35. The equity traded on a volume of 35,556 shares, settling near its intra-day low of ₹765.8.

Hittco Tools Allots 4,45,000 Shares Via Preferential Issue; Seeks Trading Approval Hittco Tools Ltd has completed the allotment of 4,45,000 equity shares through a preferential issue, effective March 28, 2026. The company has reportedly submitted an application seeking trading approval for these shares.The shares were allotted pursuant to a preferential issue, with the company confirming that all necessary internal provisions were adhered to regarding the transaction.The details of the equity share allotment are as follows:ParameterDetailDate of Allotment28.03.2026Number of Shares Allotted4,45,000 Equity SharesFace Value Per Share₹10Issue Price Per Share₹13.92Total Issue Size₹61,94,400Distinctive Numbers6729148...

Bharat Battery's Subsidiary Secures Rs 24.55 Lakh Order from Eastern Railway Dynamic Services & Security Limited's wholly owned subsidiary, THE BHARAT BATTERY MFG CO PRIVATE LIMITED, has secured a work order from the Eastern Railway. The contract involves the supply of Low Maintenance Lead Battery 75Ah for use in locomotives.The order was awarded by the Office of the Dy. Chief Materials Manager, Kanchrapara, Eastern Railway. This transaction is categorized as a domestic contract, with the scope being the supply of Low Maintenance Lead Acid Battery 75Ah for PPCP Containers.The total value of the contract is Rs. 24,55,721.60 (Rupees Twenty-Four Lakh Fifty-Five Seven Hundred and Twenty-One and Sixty Paise Only). The delivery schedule...

Data Link Investment Manager Declares Distribution for Altius Telecom Infrastructure Trust Altius Telecom Infrastructure Trust, through its Investment Manager, Data Link Investment Manager Private Limited, declared a total distribution of Rs. 4.0116 per Unit following a meeting of the Board of Directors held on Thursday, May 28, 2026.The Board of Directors of Data Link Investment Manager Private Limited, acting as the Investment Manager for the Trust, declared the total distribution comprising two components: Return on Capital and Return of Capital.The breakdown of the declared distribution is as follows:ComponentAmount Per UnitReturn on CapitalRs. 2.5360Return of CapitalRs. 1.4756Total DistributionRs. 4.0116The...

Swaraj Suiting Limited Reports 38.5% Revenue Growth for FY26; Announces INR 4,200 Mn Strategic Expansion Swaraj Suiting Limited, an integrated textile manufacturer specializing in high-quality Denim and Cotton finished fabrics and Cotton Yarn, has announced its financial results for the quarter and financial year ended March 31, 2026. The company reported strong growth across revenue and profitability, supported by improved operational efficiencies, strategic raw material procurement, and an enhanced product mix. Furthermore, Swaraj Suiting announced a major strategic investment of approximately INR 4,200 Mn to expand its spinning business, including entry into the advanced materials and technical textile segment.Key Financial...

Essar Shipping Ltd Board Meeting Scheduled to Approve FY and Quarterly Financial Results Essar Shipping Limited announced that its Board of Directors meeting is scheduled for Saturday, May 30, 2026. The primary purpose of the meeting is to consider and approve the Audited Financial Results for the Quarter and the entire Financial Year ended March 31, 2026, both Standalone and Consolidated.In conjunction with the financial update, the company also provided an advisory notice regarding the designated persons' trading window. The trading window for the securities of the company is already closed for designated persons.The designated trading window closure period started on Wednesday, April 1, 2026, and remains closed until the end of...

Goodluck India Limited Clarifies Receipt of 155mm Shells Order Goodluck India Limited provided a clarification on May 28, 2026, regarding a previous disclosure concerning a significant defense order. The statement specifically addressed the receipt of an order for the supply of 155mm shells in Ready to Fill conditions.According to the clarification, the order was received by Goodluck Defence and Aerospace Limited, which operates as a subsidiary of Goodluck India Limited. The company clarified that the order was not received directly by Goodluck India Limited itself.GOODLUCK Stock Price Movement On Wednesday, Goodluck India Limited shares edged higher, closing at ₹1381.3, marking a gain of 2.43% for the day. The stock traded on...

Growington Ventures India Ltd Launches New Corporate Logo Growington Ventures India Ltd announced the launch of its new logo, a development approved by the company's Board of Directors.The Board of Directors of Growington Ventures India Ltd executed the logo launch during a meeting held on May 28, 2026. The company's announcement confirms the introduction of the updated visual identity, marking a material update to the corporation's branding.Stock Price Movement Growington Ventures India Ltd closed out the session Wednesday, settling at ₹0.80, marking a decline of 2.44%. Throughout the day, shares saw movement, fluctuating between a low of ₹0.78 and a high of ₹0.83.

CRISIL Revises Corporate Credit Rating of Ideaforge Technology Limited to BBB/Stable Ideaforge Technology Limited has seen its corporate credit rating revised by CRISIL Limited. The credit rating agency reaffirmed the rating at CRISIL BBB and upgraded the outlook from Negative to Stable, according to information received on May 27, 2026.CRISIL Ratings, after careful consideration, adjusted the credit rating for ideaForge Technology Limited. The rating action recorded the revision of the corporate credit rating, with the outlook changing from 'Negative Rating Reaffirmed' to 'Stable'.The updated rating details are presented below:Company NameCredit Rating AgencyFacilities/InstrumentRating ActionideaForge Technology...

TCI Express Reports Steady Growth in Q4 and FY2026, Crossing ₹10 Billion Balance Sheet Milestone Gurugram, India, May 27, 2026: TCI Express Ltd., India's leading express distribution company, announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The company reported significant operational milestones during FY2026, handling more than one million tonnes of cargo and maintaining a debt-free balance sheet. The firm also reached the ₹10 billion balance sheet milestone during the year, underscoring its scale and financial resilience.TCI Express continued its expansion of its multimodal logistics network across Surface, Rail, Domestic Air, International Air, C2C, and E-Commerce segments by...