Markets

Tata Motors Passenger Vehicles Ltd. Posts 59,790 Units in May 2026 Sales Amid Strong Market Momentum Mumbai, June 1, 2026: Tata Motors Passenger Vehicles Ltd. announced that its total sales for the domestic and international markets in May 2026 reached 59,790 units. This figure marks a substantial increase compared to the 42,040 units recorded during May 2025.The company reported significant growth across its key business segments. The performance highlights robust momentum in both domestic passenger vehicle sales and electric vehicle (EV) segments.The sales performance for May 2026 compared to May 2025 is detailed in the following table:Business Units/SegmentsMay '26May '25Growth/DeclinePV Domestic59,09041,55742%PV...

Prudential Sugar, Raasi Refractories, and Peers Release Audited Financial Results for FY2026 Several companies, including Prudential Sugar Corporation Limited, Raasi Refractories Limited, and Astal Laboratories Limited, have released audited financial results for the quarter and year ended March 31, 2026, providing investors with a detailed view of their recent performance.Raasi Refractories Limited Reports Financial Results Raasi Refractories Limited released an extract of its audited standalone financial results for the period ended March 31, 2026. The figures, presented in Rs. in Lakhs, highlight the company's performance across various reporting periods.The financial highlights are as follows:Particulars31.03.2026...

Gabion Technologies Receives Multiple Domestic Orders Valued at INR 12.6 Crores in May 2026 Gabion Technologies India Ltd. announced on June 01, 2026, that it received multiple routine work and supply orders during the period spanning May 17, 2026, to May 30, 2026. The orders are for domestic markets and relate to the supply of Gabion Boxes, Mesh Products, Geosynthetics, and Slope Protection Works.The company reported an aggregate order value of approximately INR 12,60,53,567.70 (Rupees Twelve Crore Sixty Lakh Fifty-Three Thousand Five Hundred Sixty-Seven and Paise Seventy Only), inclusive of applicable GST. Management noted that these orders are routine in nature and were received in the normal course of business, without resulting...

Saroj Kumar Choudhury Launches Open Offer for Oxford Industries Ltd Shares An open offer has been announced for Oxford Industries Ltd ('OIL' or 'Target Company'), initiated by Saroj Kumar Choudhury ('the Acquirer').Under the terms of the open offer, the Acquirer seeks to acquire up to 15,45,271 equity shares of Oxford Industries Ltd. Each share has a face value of Rs. 10/-. The acquisition is being offered at a price of Rs. 5/- per fully paid-up Equity Share.This proposed acquisition represents 26.00% of the fully paid up and voting share capital of Oxford Industries Ltd.The details regarding the open offer were published on June 1, 2026. The announcement appeared in major Indian dailies, including Financial Express (English...

Hindustan Adhesives Ltd Seeks Extension for Audited Financial Results for FY 2025-26 Hindustan Adhesives Limited announced on June 1, 2026, a delay in the submission of its Audited Standalone and Consolidated Financial Results for the quarter and full financial year ended March 31, 2026. The company formally requested an extension for the filing of the results.The company cited ongoing work related to the finalization and closure of its books of accounts for the financial year ended March 31, 2026, as the primary reason for the delay. Consequently, the statutory audit of the Standalone and Consolidated Financial Statements could not be completed within the required timeframe.Hindustan Adhesives Limited confirmed that both the...

Rajasthan Tube Manufacturing Reports Quarterly and Year-to-Date Financial Results for FY 2026 Rajasthan Tube Manufacturing Company Ltd. has released its audited financial results for the quarter and year ended March 31, 2026. The company provided detailed statements of assets and liabilities, along with key financial performance indicators for the reporting period.The independent auditors confirmed their opinion that the quarterly and year-to-date financial results give a true and fair view in conformity with applicable accounting standards for the period ended March 31, 2026.Statement of Assets and Liabilities The company reported significant changes in its financial position when comparing the year ended March 31, 2026, with the...

Rajasthan Tube Manufacturing Reports Financial Results for Quarter Ending March 31, 2026 Rajasthan Tube Manufacturing Company Limited announced its financial results for the quarter and year ended March 31, 2026. The company presented detailed statements covering assets and liabilities, quarterly financial results, and cash flow statements, reflecting operational data for the period and comparison figures for the previous fiscal year.The Company provided comparative statements of assets and liabilities, showcasing changes in its financial structure.Statement of Assets and Liabilities (As at 31st March) The financial position details, presented in Rupees in Lacs, highlight the following key movements:ParticularsAs at 31st March...

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...