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Savy Infra and Logistics Approves FY2026 Financial Results, Notes Capital and Revenue Increases Savy Infra and Logistics Limited (SAVY) confirmed the board approval of its audited financial results for the year ended March 31, 2026. The company also received approval for its statutory auditors report and cash flow statement pertaining to the same period.The approvals were taken during the Board of Directors meeting held on May 30, 2026.Financial Performance Overview The audited financial results indicate significant shifts in the company's balance sheet and profitability metrics.For the year ended March 31, 2026, the company reported the following key revenues and profitability figures:ParticularsFor the Year ended March 31...

Everest Kanto Cylinder Limited Reports Strong FY26 Results, Driven by Profitability Gains Everest Kanto Cylinder Limited (EKC), a leading manufacturer of high pressure seamless gas cylinders, announced its audited financial results for the quarter and year ended March 31, 2026. The company reported improved profitability and margin expansion, highlighting steady growth across multiple industrial segments.Financial Performance Snapshot (₹ Crore) The company reported results both on a consolidated basis and stand-alone.Consolidated Financial Results (₹ Crore)ParticularsQ4 FY26Q4 FY25YoYFY26FY25YoYIncome from operations358.2422.1-15.1%1,470.61,499.2-1.9%EBITDA39.637.94.5%203.0175.5+15.7%EBITDA Margin11.1%9.0%208...

United Foodbrands Limited Receives Tax Demand Notice for Assessment Year 2023-24 United Foodbrands Limited, formerly known as Barbeque-Nation Hospitality Limited, has received an Assessment Order and Notice of Demand from the Deputy Commissioner of Income Tax, Bengaluru. The notice, received on May 31, 2026, relates to the Assessment Year 2023-24 and centers on a transfer pricing adjustment.The assessment conducted under Section 143(3) read with Section 144C(3) resulted in an addition of ₹2.78 crores to the company's total income. This addition arises from a transfer pricing adjustment made under Section 92CA(3) of the Income Tax Act, 1961, concerning royalty received from Associated Enterprises.The accompanying Notice of Demand...

Moneyboxx Finance Ltd Opens New Branch Office in Peenya, Bangalore Moneyboxx Finance Ltd has announced the establishment of a new branch office in Peenya, Bangalore, signaling an expansion of its operational presence in Karnataka. The new branch officially commenced operations on June 01, 2026.The newly inaugurated facility is located at Site No-36, Plot No 3B, 3rd Floor, KIADB Main Road, Opp BWSSB Office, Peenya, 2ND Phase, Peenya Bangalore - 560058.The opening of this Bangalore branch reinforces the company's commitment to expanding its service network and enhancing its reach within the region.MONEYBOXX Stock Price Movement Shares of Moneyboxx Finance Limited today slipped by 0.03% to settle at ₹70.03. The equity operated within...

NCLT Approves Scheme of Amalgamation for Triton Valves and Tritonvalves Climatech The National Company Law Tribunal (NCLT), Bengaluru Bench, has approved the Scheme of Arrangement for Amalgamation between Tritonvalves Climatech Private Limited (the Transferor Company) and Triton Valves Limited (the Transferee Company). The order, delivered on May 29, 2026, sanctioned the amalgamation under Sections 230, 231, and 232 of the Companies Act, 2013.The approved Scheme sets the Appointed Date for the amalgamation to April 1, 2025. This decision provides a clear operational mandate for the restructuring process, confirming the combination of the two entities and binding all respective shareholders and creditors.The Tribunal’s proceedings...

Laxmi Devi Bhuwalka Group Acquires 9.92% Stake in Natura Hue Chem Ltd. Laxmi Devi Bhuwalka, along with Archana Bhuwalka and Balkishan Bhuwalka, has completed the acquisition of a stake in Natura Hue Chem Ltd. The acquisition totaled 4,11,396 equity shares, representing 9.92% of the company’s total diluted share/voting capital.The acquisition was finalized on May 29, 2026, through an off market transaction.Acquisition Details The acquisition involved the purchase of shares carrying voting rights by the group members:Laxmi Devi Bhuwalka acquired 1,80,092 shares, amounting to 4.34% of the total diluted share/voting capital. Archana Bhuwalka acquired 1,41,104 shares, representing 3.40%. Balkishan Bhuwalka acquired 90,200 shares...

Buddha Relics Arrive in Mongolia for Exhibition, Amid Broader Updates in Indian Finance and Culture Ulaanbaatar, May 31 — The sacred relics of Arahant Sariputta and Arahant Mahamoggallana, the chief disciples of Lord Buddha, arrived in Mongolia's capital, Ulaanbaatar, on an Indian Air Force IL-76 'Gajraj' aircraft. The relics are slated for a special public exposition beginning on Buddha Purnima at the Gandan Tegchenling Monastery.The relics, which are highly revered throughout the Buddhist world for their wisdom and dedication to the Dhamma, were sourced from the historic Sanchi Stupa in Madhya Pradesh. The exposition will run from May 31 to June 10, allowing devotees and visitors to pay homage.The successful transport underscores...

Apollo Sindoori Hotels Names Director for UK Subsidiary, Mr. Duvvuru Rajesh Reddy Apollo Sindoori Hotels Limited announced the appointment of Mr. Duvvuru Rajesh Reddy as a Director of Sindoori Management Solutions Limited, United Kingdom. This appointment positions the newly appointed individual within the company's international structure, specifically at a subsidiary level of Apollo Sindoori Hotels Limited.Mr. Reddy's appointment as Director of Sindoori Management Solutions Limited, United Kingdom, is effective from May 27, 2026. This subsidiary is part of a corporate structure where Sindoori Management Solutions Private Limited is its parent, and that entity, in turn, is a wholly owned subsidiary of Apollo Sindoori Hotels Limited...

Coal India Limited Releases E-Auction Data for May 2026 and FY 2026-27 Coal India Limited (CIL) has released the Single Window Mode Agnostic (SWMA) E-auction data detailing the e-auction for CIL and its subsidiary companies, covering both May 2026 and the financial year 2026-27 (April-May 2026). The data provides a comprehensive look at the allocation of coal and coal products across the major units.E-auction of Coal and Coal Product (Provisional) The e-auction conducted in May 2026 saw substantial quantities offered and allocated across various subsidiaries. The data provides specific metrics regarding the total quantity offered, the quantity allocated, the percentage of allocation, and the percentage increase over the Notified...

GHCL Reports Sustainability Performance for FY 2025-26, Highlights Decarbonization and Inclusive Growth GHCL Limited, a major chemical manufacturer, has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report details the company's operational scale, environmental resource management, and efforts toward enhancing social equity and governance across its diverse business verticals, including Soda Ash and CPD (Salt) manufacturing.Corporate and Operational Scale GHCL Limited, incorporated in 1983, maintains its primary registered office in Ahmedabad, Gujarat, and a corporate address in Noida, Uttar Pradesh. The company's paid-up capital is INR 91,93,41,550.Operationally, GHCL...

SEBI Drops Major Regulatory Order for Victory Investment Fund, Signaling Market Scrutiny SEBI, the Securities and Exchange Board of India, has formally released a significant regulatory order concerning the Victory Investment Fund. This directive marks a key moment of oversight for the fund, prompting immediate attention among industry participants and investors alike.The regulatory action, published today, 01/06/2026, details SEBI’s findings and mandated directives regarding the fund's operations. This swift intervention underscores the regulator’s commitment to maintaining robust standards within the investment management sector.Key Details of the SEBI Directive The order, referenced under CGM/HO/AFD/I/12792/2026, constitutes a...

Karnataka Bank Holds Annual Conference for Concurrent and Internal Auditors Karnataka Bank successfully hosted its Annual Conference of Concurrent Auditors and Internal Auditors for the Financial Year 2026-27. The event took place on May 20, 2026, at the bank's Centenary Building in Mangaluru. The conference was organized in a hybrid mode under the guiding theme, "Anticipate, Strengthen, Prevent," ensuring participation from auditors and Bank officials across the country.The conference served as a crucial platform for discussions focused on strengthening audit practices, enhancing risk management, ensuring regulatory compliance, and sharing best practices in internal control and governance.The proceedings were presided over by Shri...

RBI Approves Mirae Asset Mutual Fund's Acquisition of Shares in Equitas Small Finance Bank Equitas Small Finance Bank Ltd announced that it received confirmation on June 01, 2026, regarding the approval granted by the Reserve Bank of India (RBI). The approval permits M/s. Mirae Asset Mutual Fund to acquire a specified stake in the bank.The RBI approval allows Mirae Asset Mutual Fund to acquire an aggregate holding of up to 9.50% of the paid-up share capital or voting rights in Equitas Small Finance Bank Ltd.The approval received by the bank is subject to compliance with the relevant provisions of the Banking Regulation Act, 1949, and the Reserve Bank of India's Commercial Banks-Acquisition and Holding of Shares or Voting Rights...

UltraTech Cement to Hold Board Meeting on July 20 to Approve Q1 Financial Results UltraTech Cement Ltd announced that its Board of Directors will convene a meeting on Monday, July 20, 2026. The primary purpose of the meeting will be to consider and approve the Standalone and Consolidated Unaudited Financial Results for the quarter ending June 30, 2026.The company also issued details regarding the closure of the trading window for its securities. As part of the company's code of conduct, the trading window for all Connected / Designated Persons and their immediate relatives will be closed starting July 1, 2026. This restriction will remain in place until 48 hours after the announcement of the financial results, extending up to July 22...

SoftTech Engineers Launches CivitTWIN: India's First AI-Powered Digital Approval Twin for BMC SoftTech Engineers Limited has successfully collaborated with the Brihanmumbai Municipal Corporation (BMC) to develop and launch CivitTWIN, a groundbreaking AI-powered Digital Approval Twin designed for managing building permits. The platform's launch was marked by the presence of the Hon. Chief Minister of Maharashtra, Shri Devendra Fadnavis ji, along with the Mayor of Mumbai, Smt. Ritu Tawade ji, and the Municipal Commissioner of Mumbai Municipal Corporation, Smt. Ashwini Bhide, at a recent Tech Week event in Mumbai.CivitTWIN is set to revolutionize the regulatory journey for construction and development in the metropolitan area...

Alfa Transformers Ltd. Secures Rs. 63 Crores LOA for Supply of 10 KVA Transformers Alfa Transformers Ltd. has secured a Letter of Award (LOA) from Madhya Gujarat Vij Company Ltd (MGVCL) for the supply of 11 KV/0.433 KV 3 Phase 10 KVA transformers. The contract, valued at Rs. 63 Crores, covers the supply of 12,000 units under the CPP Tender for the fiscal year 2026-27.The award confirms Alfa Transformers Ltd. as the supplier for this substantial domestic order, which falls under the scope of the CPP Tender for 2026-27. The contract is expected to be executed during the 2026-27 period.Contract Scope and Value MGVCL issued the Master Letter of Acceptance on May 27, 2026. The transformers to be supplied are 11 KV/0.433 KV 3 Phase 10 KVA...

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...