Markets

Accedere Ltd Reports Significant Financial Growth Driven by Cybersecurity and GRC Solutions Accedere Limited has announced its financial performance for the financial year ending March 31, 2026, highlighting robust growth powered by its focus on cybersecurity and compliance solutions.The company reported substantial increases across key metrics, demonstrating the effectiveness of its operational strategy in meeting growing market demand.According to the figures provided, Accedere Ltd reported the following financial highlights for the fiscal years ending March 31:Particulars (INR lakhs)FY 2025-26FY 2024-25YoY (%)Revenue414.4364.1813.79%EBITDA121.1161.5596.77%PAT80.4325.4216.65%The improved performance reflects the...

Garware Synthetics Revises Financial Results for FY2026 Following Typographical Error Correction Garware Synthetics Ltd has released revised standalone financial results for the financial year and fourth quarter ended March 31, 2026, due to the discovery of typographical errors in the initially filed cash flow statement. The company identified a clerical mistake in the Consolidated Cash Flow Statement under the heading 'Cash Flow from Financing Activities (C)'.The specific correction noted is in the figure for 'Proceeds/ (repayment) from non-current borrowings', which was inadvertently reported as (5.93) when the correct amount should have been 9.51. Garware Synthetics confirmed that aside from this mentionable error, there are no...

SEBI Issues Major Directive on Prime Realty Capital Following Review of Regulatory Compliance The Securities and Exchange Board of India (SEBI) has formally released an order pertaining to Prime Realty Capital. The directive, released on 01/06/2026, signals a key regulatory action concerning the company’s compliance framework.This official communication, referenced under CGM/HO/AFD/I/12790/2026, marks a significant regulatory milestone for Prime Realty Capital. Market watchers are closely analyzing the specifics contained within the SEBI order to gauge potential impacts on the company’s operations and market positioning.Understanding the SEBI Directive on Prime Realty Capital The Securities and Exchange Board of India remains...

Vidya Wires Ltd Receives Assessment Order for Block Period spanning 2018 to 2025 Vidya Wires Limited announced that it has received an assessment order from the Income Tax Department regarding its financial activities for the period spanning April 2018 to April 2025.The assessment order was received by the company on May 31, 2026, from the Office of the Deputy Commissioner of Income Tax, Central Circle-3, Vadodara.The communication details the tax demand raised under Section 158BC(1)(c) read with Section 143(3) of the Income Tax Act. The demand arises due to the addition and disallowance of certain expenditures under various sections of the Act.According to the details provided by the company, the total income tax demand for the...

ITCONS E-Solutions Ltd Bags INR 12304256.25 Contract from ICMR ITCONS E-Solutions Ltd, listed on the BSE SME Exchange under the symbol ITCONS, has secured a new contract from a key government body. The company was awarded the contract by the Indian Council of Medical Research (ICMR), which operates under the Department of Health Research, Ministry of Health and Family Welfare.The agreement mandates ITCONS E-Solutions to provide 33 resources for a period of one year. The total contract value stands at INR 12304256.25 (Rupees One Crore Twenty-Three Lakhs Four Thousand Two Hundred Fifty-Six and Twenty-Five paise only), inclusive of all taxes and duties.This contract specifies that the service falls under Manpower Outsourcing Services...

Wipro IT Services Acquires Additional 20% Stake in Aggne Global Inc. for Insurance Sector Expansion Wipro IT Services, LLC, the step-down subsidiary, is set to acquire an additional 20% stake in Aggne Global Inc. The transaction aims to bolster Wipro's market position within the specialized insurance technology sector. This additional stake purchase is expected to be completed by June 5, 2026.Aggne Global Inc. is part of the broader Aggne Group, an Insurtech company offering AI and Intellectual Property driven services. The acquisition is strategically positioned to further strengthen Wipro's competitive advantage in the Property & Casualty Insurance (P&C) sector by facilitating AI and IP-led transformations. Upon completion, Wipro IT...

Regency Fincorp Limited to Hold Board Meeting on April 4, 2026, for Debenture Issuance and Share Warrant Calls Regency Fincorp Limited, formerly known as Regency Investments Limited, has scheduled a meeting of its Board of Directors for Thursday, April 4, 2026. The Board will consider and approve several key corporate actions related to the issuance of debentures and equity share warrants.The primary agenda items slated for approval during the meeting include:Non-Convertible Debentures: Consideration of the issue of listed, rated, secured, or redeemable non-convertible debentures through a private placement route. This issuance is targeted at both resident and non-resident investors. Share Warrant Call: Approval of the issuance of...

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...