STC India fined ₹12.06 Lakhs by NSE for non-compliance with independent director norms for the quarter ending Sep 30, 2025.

Justo Realfintech received a ₹2 lakh penalty from ROC Mumbai for violating Section 42(10) of the Companies Act, 2013, concerning private placement funds.

Balmer Lawrie fined ₹10.9L by BSE/NSE for Q2 FY26 listing non-compliance.

RBI imposes a penalty on HDFC Bank for non-compliance.

Balmer Lawrie Investments was fined ₹9.88 Lakhs by BSE for Q2 FY26 listing regulation non-compliance, citing board composition issues. The company seeks a waiver due to factors beyond its control. Q2 FY26 consolidated PAT declined 9.4% YoY, while H1 FY26 PAT was down 0.9%.

Rajasthan Tube Manufacturing received an appeal order from CGST Jaipur, overturning original penalties for alleged fake invoices and ITC fraud.

Coal India fined Rs 5.43 lakh by BSE for SEBI LODR non-compliance regarding board appointments; company seeks waiver.

Emami Limited has acquired 1064 equity shares of its subsidiary, IncNut Digital Private Limited, on June 11, 2026. This transaction has increased the company's stake in the entity from 59.69% to 60.00%. The acquisition is being conducted in accordance with the terms of an existing Share Subscription and Purchase Agreement. This development represents a routine incremental consolidation of control within the company's digital business portfolio. The company has fulfilled its regulatory disclosure obligations regarding this corporate action.

The Committee of Independent Directors (IDC) of Sharp India Ltd has reviewed the open offer from Smart Services Private Limited and recommended its acceptance, deeming the offer fair and reasonable. The acquirer intends to purchase up to 6,486,000 equity shares, representing 25.00% of the voting share capital, at Rs 10 per share. The IDC's recommendation is supported by the offer price's alignment with the Share Purchase Agreement and the company's financial status, characterized by negative profitability and book value. Investors should note that an independent valuation assessed the equity's fair value at Rs Nil.

Citizen Solar Limited has submitted a post-acquisition report under Regulation 10(6) of SEBI (SAST) Regulations, 2011, disclosing an inter-se promoter share transfer executed on January 9, 2017. The report covers the acquisition of 6,00,000 equity shares by Mr. Harsh Omprakash Jain from Mr. Dhanpatraj Lalchand Jain and Mrs. Sangita Dhanpatraj Jain via gift deed. The company acknowledged a significant procedural delay in filing, attributing it to past administrative gaps, and noted that the submission was made following ongoing regulatory engagement with SEBI regarding historical transactions.

GSP Crop Science Limited has officially finalized the acquisition of the remaining 21% equity stake in its subsidiary, GSP Intermediates Private Limited (GIPL), as of June 11, 2026. The transaction involved the acquisition of 3,150,000 equity shares, each with a face value of Rs 10. Following this completion, GIPL has become a 100% wholly-owned subsidiary of the company. This development marks the conclusion of a strategic consolidation process initially disclosed on May 14, 2026, simplifying the organizational structure and governance of the subsidiary for the company.

SIS Limited has acquired an additional 1,08,000 equity shares of Updater Services Limited (UDS), representing a 0.16% stake. The acquisition, valued at INR 1.96 crore, brings the company's total holding in UDS to 29,21,000 shares, or 4.36% of its paid-up equity. SIS clarified that this transaction is part of its ongoing treasury management operations and is not a related party transaction. UDS, which operates in the Integrated Facilities Management and Business Support Services industry, has shown consistent turnover growth over the last three years. This update highlights SIS's continued utilization of cash reserves for financial assets.

Kirloskar Ferrous Industries Limited has officially completed the merger of its wholly-owned subsidiaries, Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited. This corporate restructuring, effective retrospectively from 1 April 2025, follows the filing of the NCLT order with the Registrar of Companies on 11 June 2026. Crucially, the process involves no new share issuance, resulting in no equity dilution for existing shareholders. Additionally, the company has updated its Memorandum of Association to reflect a total authorized share capital of ₹389.61 crore (₹38,961 lakh), consolidating its business operations.

Adani Enterprises Limited has announced that its joint venture, AdaniConneX Private Limited (ACX), has completed the acquisition of a 100% equity stake in Madhuvanti Build Estate Limited (MBEL) for ₹765.25 crore. Although MBEL is currently in a pre-revenue stage and has not yet commenced commercial operations, the acquisition is strategically significant. It provides ACX with immediate access to a sizeable land parcel and key infrastructure licenses, facilitating a faster setup of infrastructure facilities. This move reflects the company's inorganic growth approach to expedite its infrastructure development projects.

Spectrum Foods Limited has issued a clarification regarding its financial results for the year ended March 31, 2026, which were originally submitted on May 30, 2026. The company corrected a clerical error where the audit opinion was incorrectly labeled as 'Qualified' instead of 'Unmodified'. Additionally, a mandatory declaration under Regulation 33(3)(d) of the SEBI (LODR) Regulations, 2015, which was inadvertently omitted in the original submission, has now been filed. Management emphasized that these errors were purely administrative, unintentional, and do not change any financial results, statements, or underlying audit findings previously reported.

Saboo Sodium Chloro Limited has issued a clarification regarding its financial results filing for the year ended March 31, 2026. Due to a clerical error in the filing process, a template header incorrectly described the audit opinion as "Qualified" instead of the actual "Unmodified" opinion. Furthermore, the company rectified the omission of the declaration required under Regulation 33(3)(d) of SEBI LODR regulations, which was missing from the original May 30, 2026, filing. Management confirmed that these corrections are purely procedural and do not change the financial results, statements, or audit findings.

Kirloskar Ferrous Industries Limited has released its audited financial results for the quarter and year ended March 31, 2026. For the March quarter, the company reported standalone revenue from operations of ₹1,817.17 crore and a profit of ₹125.74 crore. The Board has recommended a final dividend of ₹3 per equity share for the financial year 2025-26. The results reflect the impact of the completed merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited, effective April 1, 2025. Comparative financial figures have been restated to account for this structural change and subsequent tax adjustments.

Garbi Finvest Limited has reported a standalone net loss of ₹3.58 crore (₹357.98 lakh) for the financial year ended March 31, 2026, compared to a profit of ₹1.28 crore (₹128.20 lakh) in the previous year. Revenue from operations stood at ₹2.55 crore (₹255.14 lakh). A major concern for investors is the independent auditor's 'Qualified Opinion,' which flags missing loan documentation, non-compliance with accounting standards, and the lack of an audit trail in the company's accounting software. These findings raise significant questions regarding the company's financial records and operational transparency.

Hiliks Technologies Limited has released its audited standalone and consolidated financial results for the year ended March 31, 2026. The company reported a standalone profit of ₹0.84 crore (₹83.88 lakh) and a consolidated profit of ₹0.82 crore (₹82.14 lakh) on a total revenue of ₹29.59 crore (₹2,958.79 lakh). The board clarified that revised auditor reports were filed solely to correct a typographical error, which had no impact on financial figures. Notably, the company reported an unmodified audit opinion and confirmed no outstanding loan defaults or related party transactions, signaling operational stability.

Raghunath International Limited has submitted a revised version of its audited financial results for the quarter and year ended March 31, 2026. The revision serves as a procedural compliance update to include the 'Statement of Impact of Audit Qualification' required by SEBI regulations, which was omitted in the previous filing. The company confirms that the reported financial figures remain unchanged. Key financials for FY26 include a consolidated revenue of ₹0.85 crore (₹84.68 lakh) and a consolidated net profit of ₹1.05 crore (₹105.46 lakh). Investors should closely monitor the auditor's qualified opinion concerning unprovided debtors.

Raghunath International Limited has released its audited financial results for the financial year ended 31st March 2026. The company reported standalone revenue of ₹0.85 crore (₹84.68 lakh) and a net profit of ₹0.99 crore (₹99.48 lakh). Consolidated net profit for the same period stood at ₹1.05 crore (₹105.46 lakh). The filing includes a statement on the impact of audit qualifications, specifically regarding non-provisioning for outstanding debtors of ₹0.29 crore (₹28.86 lakh). Investors should note the auditor's emphasis of matter regarding unconfirmed balances. This filing is a revision to include the impact statement.

Knowledge Marine & Engineering Works (KMEW) reported a strong FY 2026, with consolidated revenue increasing to ₹ 256 crore from ₹ 201 crore in the previous year. The company maintained robust profitability with an EBITDA of ₹ 97 crore and a PAT of ₹ 79 crore. A significant highlight includes a record order intake of ₹ 1,075 crore, bringing the total order book to ₹ 1,400 crore. Management noted that Q4 revenue was impacted by a ₹ 60 crore carry-over to Q1 FY 2027 and outlined a capex guidance of ₹ 400 - 500 crore for the coming fiscal year.

Globus Spirits Limited has formally announced an upcoming virtual group meeting with institutional investors and fund managers, scheduled for June 19, 2026, at 11:00 AM. This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) regulations. The company has specified that management will utilize the existing Q4FY26 Investor Presentation—already in the public domain—for the discussion. This session serves as a platform for maintaining investor engagement. The scheduled interaction remains subject to change due to unforeseen exigencies on the part of the participating investors, analysts, or the company.

RACL Geartech Ltd achieved a historic milestone, reporting its highest-ever consolidated annual revenue of ₹512.42 crore for FY 2025-26, supported by strong demand across segments. The company demonstrated operational strength with consolidated EBITDA of ₹129.16 crore and PBT of ₹65.73 crore. Business momentum remains robust, driven by significant order wins from global automotive players like Kawasaki, Royal Enfield, ZF, and BRP Canada. The company is actively executing new projects, including those for electric sports car components. With a budgeted capex of ₹77.45 crore for FY 2026-27, RACL continues to focus on capacity expansion, which will be funded by new debt.

eClerx Services Limited has notified the stock exchanges about a scheduled investor meeting in compliance with SEBI regulations. The company will hold a one-to-one virtual meeting with Whitepine Investment Managers on June 12, 2026. The discussion is limited to industry and company-specific developments already available in the public domain. This filing adheres to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Such disclosures are routine administrative requirements regarding management engagement with institutional investors and do not involve the release of new material financial information.

Pondy Oxides and Chemicals Limited has announced a scheduled virtual meeting with ICICI Prudential Mutual Fund on 18th June 2026. This filing is a standard regulatory disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015. The company has clarified that no Unpublished Price Sensitive Information (UPSI) will be shared during this interaction. Such meetings are part of routine investor outreach initiatives designed to provide visibility into company strategy and business updates for institutional investors. This intimation is provided for the information and record of the stakeholders.

Emmforce Autotech Limited has formally announced its participation in the GIA Flagship Conference 2026, scheduled for June 24, 2026, in Mumbai. The company will engage in a physical group meeting with investors and analysts. This filing ensures regulatory compliance under SEBI (LODR) Regulations, 2015, regarding the transparency of investor interactions. The company has clearly stated that discussions will be restricted to publicly available documents, with no Unpublished Price Sensitive Information (UPSI) being shared. Investors should note that the event schedule is indicative and may be subject to change due to unforeseen organizational or company-related exigencies.

V-Guard Industries Ltd has announced its participation in the Ashika Institutional Equities - Virtual C-Suite Executive Day, scheduled for June 18, 2026. The company's management will engage in a group meeting from 3:00 PM to 4:00 PM to interact with institutional investors. This event represents a routine corporate engagement, providing a platform for management to discuss business operations and strategic outlook. As this is a scheduled investor relations activity, no material financial results or new corporate actions were disclosed in this filing. Investors may look for potential insights if the company shares further updates following the interaction.

Zydus Lifesciences Limited has announced a buyback of up to 87.30 lakh (8,730,158) equity shares at a price of ₹1,260 per share, totaling ₹1,100 crore. The buyback, conducted via the tender offer route, represents 0.87% of the company's total equity. The record date for the buyback is May 29, 2026. Management has reaffirmed compliance with all statutory requirements, including debt-equity limits, and noted that the buyback is a capital allocation decision to enhance shareholder value. The buyback program opens on June 4, 2026, and closes on June 10, 2026. Investors should track the post-buyback shareholding pattern changes.

Zydus Lifesciences Limited has announced a buyback of up to 87,30,158 equity shares at a price of ₹1,260 per share, totaling an aggregate buyback amount of ₹1,100 crore (₹1,10,000 lakh). The buyback will be conducted through the tender offer route between June 4, 2026, and June 10, 2026. This capital allocation decision aims to return surplus cash to shareholders and enhance long-term value. The board previously revised the terms, increasing the buyback price from an initial ₹1,150 while reducing the number of shares. This is a significant corporate action for existing shareholders.

Zydus Lifesciences Limited has issued an addendum to its buyback public announcement, revising the offer terms. The company has increased the buyback price per equity share from INR 1,150 to INR 1,260. As a result, the maximum number of equity shares proposed to be bought back has been adjusted from 95,65,217 to 87,30,158 shares. This transaction represents up to 0.87% of the total paid-up share capital. The revision is part of the ongoing buyback process under the tender offer route, with management confirming these updates in the addendum published on May 28, 2026.

Zydus Lifesciences Ltd. has issued an addendum to its previously announced share buyback plan. The Buyback Committee has approved an increase in the buyback price from INR 1,150 to INR 1,260 per share, effective May 27, 2026. Consequently, the maximum number of shares proposed for buyback has been reduced from 95,65,217 to 87,30,158 equity shares, representing up to 0.87% of the total paid-up equity share capital. This adjustment recalibrates the buyback terms while maintaining the company's capital allocation strategy.

Zydus Lifesciences has announced a buyback of equity shares at INR 1,150 per share.

Zydus Lifesciences' board approved a share buyback of up to 95.65 lakh shares at ₹1,150 each, for a total value up to ₹1,100 crore.

Promoters of Zydus Lifesciences intend to participate in the company's upcoming share buyback program.

Ras Resorts and Apart Hotels is subject to a delisting offer by promoters to acquire up to 9,21,582 equity shares. The shares have a face value of ₹10.00.

KEI Industries announced Q3 FY26 results: PAT up 42.5% YoY. Declared ₹4.50 interim dividend. Approved voluntary delisting from CSE.

Escorts Kubota Limited has announced that its 80th Annual General Meeting (AGM) will be held on Wednesday, July 15, 2026, via video conferencing. The company has fixed Friday, July 03, 2026, as the record date to determine shareholder eligibility for the proposed final dividend for the financial year ended March 31, 2026. Additionally, the register of members and share transfer books will remain closed from Saturday, July 04, 2026, to Wednesday, July 15, 2026. Shareholders should note these key dates for dividend entitlement and meeting participation. The final dividend payout remains subject to shareholder approval at the AGM.

Sun Pharmaceutical Industries Limited has scheduled its 34th Annual General Meeting (AGM) for 31 July 2026, to be conducted via video conferencing. Alongside this, the company has proposed a final dividend of ₹5 per equity share for the financial year 2025-26. The record date for determining shareholder entitlement to this dividend is set for 07 July 2026. Shareholders are advised to submit necessary TDS documentation by this date to ensure applicable tax rates. If approved by shareholders at the AGM, the dividend payment is expected to be distributed on or before 07 August 2026.

The Board of Directors of Kirloskar Ferrous Industries Limited, at its meeting on 12 June 2026, recommended a final dividend of ₹3 per equity share (60% of face value) for the financial year 2025–2026, subject to shareholder approval at the ensuing annual general meeting. Additionally, the company allotted 17,841 equity shares under the ‘KFIL Employee Stock Option Schemes’. Following this, the company's paid-up share capital increased to ₹82.50 crore (₹82,49,61,920), comprising 16,49,92,384 equity shares. These updates reflect the company's dividend policy and recent changes to its share capital structure.

Escorts Kubota Limited has scheduled its 80th Annual General Meeting (AGM) for July 15, 2026, to be held via video conferencing. The company has fixed July 03, 2026, as the record date to determine shareholder eligibility for the final dividend for the financial year ended March 31, 2026, subject to approval at the AGM. Consequently, the Register of Members and Share Transfer Books will remain closed from July 04, 2026, to July 15, 2026. Shareholders should note these dates for dividend entitlement and participation in the upcoming AGM proceedings.

Swadeshi Polytex Limited has announced the schedule for its upcoming Annual General Meeting (AGM) to be held on 9th July 2026. The meeting will be conducted via Video Conferencing at 12:00 Noon. Consequently, the company has declared a book closure period for its Register of Members and Share Transfer Books from 3rd July 2026 to 9th July 2026, both days inclusive. This filing serves as a standard regulatory compliance update under SEBI Listing Obligations and Disclosure Requirements (LODR) regulations, providing shareholders with the necessary timelines for the AGM process.

Swadeshi Polytex Limited has scheduled its Annual General Meeting (AGM) for Thursday, 9th July 2026, to be conducted via video conferencing at 12:00 Noon. To facilitate this event, the company has fixed 2nd July 2026 as the Record Date for determining shareholder eligibility. Furthermore, the company's Register of Members and Share Transfer Books will remain closed from 3rd July 2026 to 9th July 2026, inclusive. Investors and shareholders should take note of these dates regarding their participation in the upcoming corporate proceedings.

Sun Pharmaceutical Industries Limited has scheduled its 34th Annual General Meeting (AGM) for 31 July 2026, to be held via video conferencing. The company has proposed a final dividend of ₹5 per equity share for the financial year 2025-26. Investors should note that 07 July 2026, has been set as the record date to determine entitlement for the dividend. Eligible shareholders can expect the dividend payment on or before 07 August 2026. Shareholders are also advised to submit necessary tax deduction at source (TDS) documents by 07 July 2026, to ensure applicable tax rates are applied.

Shree Salasar Investments Limited has filed a regulatory disclosure regarding its proposed preferential allotment. The company confirmed the 'Relevant Date' for determining the pricing per equity share as 20th February 2026, which is 30 days prior to the Extra-Ordinary General Meeting (EGM) held on 23rd March 2026. Additionally, the company clarified the status of proposed allottees, confirming that the promoter and non-promoter classifications for all involved parties will remain unchanged following the issuance. This filing complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kirloskar Ferrous Industries Limited has announced the outcome of its board meeting held on 12 June 2026. The board approved the allotment of 17,841 equity shares of ₹5 each under the company's Employee Stock Option Schemes, bringing the total issued equity shares to 16,49,92,384. Additionally, the company recommended a final dividend of ₹3 per equity share (60% of face value) for the financial year 2025-2026. This dividend proposal is subject to the approval of shareholders at the upcoming annual general meeting. These actions represent standard corporate capital adjustments and shareholder distribution plans.

UTI Asset Management Company Limited has announced the allotment of 1,250 equity shares under the ‘UTI AMC Employee Stock Option Scheme – 2007’. This allotment, approved by the Nomination and Remuneration Committee, follows the exercise of options by an eligible employee. As a result, the company's issued and paid-up share capital has increased from ₹128.52 crore (12,852.32 lakh) to ₹128.52 crore (12,852.45 lakh). The newly allotted shares have a face value of ₹10 each and will rank pari-passu with existing shares. This is a routine corporate action concerning employee compensation.

IndoStar Capital Finance Limited has announced the allotment of 2,900 equity shares following the exercise of stock options under the IndoStar ESOP Plan 2018. This corporate action results in a minor increase in the company's paid-up equity share capital from 16,15,82,107 shares to 16,15,85,007 shares. The allotment was approved by the Managing Director, Mr. Randhir Singh, pursuant to board authorization. This is a routine administrative update regarding the company's capital structure and employee benefit program and does not signal a change in the company's operational or financial strategy.

ICICI Bank has announced the allotment of 394,038 equity shares under its Employees Stock Option Scheme-2000. The shares, having a face value of ₹2 each, were issued following the exercise of options by employees. This allotment was approved by two Executive Directors, acting under powers previously delegated by the Board. This is a routine corporate action that results in a minor increase in the bank's total outstanding equity shares. For investors, this represents a standard procedural update typical of large corporate ESOP programs and holds no material impact on financial performance.

Motisons Jewellers Limited has successfully concluded its Qualified Institutional Placement (QIP), raising approximately ₹150 crore. The company allotted 13.57 crore equity shares to qualified institutional buyers at ₹11.05 per share, representing a 4.57% discount to the floor price of ₹11.58. Post-allotment, the paid-up equity share capital has increased to ₹113.75 crore. This capital raise saw significant participation from Foreign Portfolio Investors and Alternate Investment Funds. This development marks a significant financial exercise for the company, though it results in equity dilution for existing shareholders.

Integra Essentia Limited has successfully completed the allotment of 68,75,92,710 fully paid-up Rights Equity shares to eligible applicants. This corporate action was approved by the Board of Directors on June 11, 2026, following the terms outlined in the Letter of Offer dated May 14, 2026. The shares were allotted at a price of Rs. 1.45 per share, which includes a premium of Rs. 0.45 per share. Following this issuance, the company's total paid-up capital has increased to 175,52,83,254 shares. This completion marks the finalization of the company's rights issue process.

NLC India Limited has announced that the Promoter, the President of India (acting through the Ministry of Coal), has exercised the oversubscription option for its Offer for Sale (OFS). This action increases the total offer size from the initial 2% to 3% of the company's total paid-up equity capital. The total offer now comprises 4,15,99,098 equity shares, which includes specific allocations for retail investors and eligible employees. This development represents a larger divestment stake by the promoter than initially planned, altering the total supply of shares being offered in the market.

NLC India Ltd has announced an Offer for Sale (OFS) by its promoter, the President of India (Ministry of Coal). The offer involves a base size of 27,732,732 shares (2% stake) at a floor price of ₹303 per share, with an additional oversubscription option of 13,866,366 shares (1% stake). The OFS will take place on June 9, 2026, for non-retail investors and June 10, 2026, for retail investors and employees. This divestment is part of the government's stake sale program. Investors should track the subscription levels and potential market impact.

NHPC Ltd has announced that the Government of India, the promoter, has exercised the oversubscription option for its Offer for Sale (OFS). This action doubles the total divestment stake from the initial 3% to 6% of the company's paid-up equity share capital. The total offer size now stands at 60.27 crore equity shares. The update also includes a retail reservation of 6.03 crore shares and an updated employee offer of 90.41 lakh shares. This increased offer size effectively doubles the volume of shares available for sale in the market, which may influence short-term supply-demand dynamics for existing shareholders.

The Ministry of Power, acting for the President of India, has announced an Offer for Sale (OFS) for NHPC Limited. The offer includes a base size of 30,13,51,044 equity shares (3% stake), with an additional oversubscription option of 30,13,51,044 shares, totaling up to 60,27,02,088 shares (6% of paid-up equity). The floor price is set at ₹71.00 per share. Non-retail investors bid on June 2, 2026, and retail/employee bids open on June 3, 2026. This divestment reduces government holdings, with specific allocations for retail (10%) and employees (45,20,265 shares).

The Ministry of Coal, acting for the President of India, has officially exercised the oversubscription option for the Offer for Sale (OFS) of Coal India Ltd. This decision increases the total offer size to 123,254,566 equity shares, representing 2% of the company's total paid-up equity share capital, up from the initial 1% base offer. Retail investors can participate on T+1 day, May 29, 2026, with 12,325,458 shares allocated for this category. Additionally, 25,000 shares are reserved for eligible employees. This action directly increases the supply of shares in the secondary market through the promoter's divestment mechanism.

The President of India, acting through the Ministry of Coal, has announced an Offer for Sale (OFS) in Coal India Ltd. The promoter proposes to sell up to 61,627,283 equity shares (1% stake), with an option to sell an additional 61,627,283 shares (1% stake) via an oversubscription option, totaling up to 123,254,566 shares (2% stake). The floor price for the offer is set at ₹412 per share. The bidding for non-retail investors is scheduled for May 27, 2026, while retail investors and employees can bid on May 29, 2026. This divestment represents a significant equity supply event.

Government of India, promoter of Central Bank of India, has increased its offer for sale to 8% of the bank's total paid-up equity share capital.

Axel Polymers Limited has announced the appointment of Mr. Yogesh Keshariya as an Additional Director in the category of Non-Executive Independent Director, effective June 12, 2026. The appointment is for a term of three years, subject to shareholder approval at the next General Meeting. Mr. Keshariya is a Chartered Accountant with over 30 years of professional experience, specializing in indirect taxes, GST litigation, and internal audits. This appointment is intended to strengthen the company's board governance. Investors should view this as a standard corporate governance update and monitor future shareholder meetings for confirmation.

Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) has re-engaged Shri Pankaj Kanaiyalal Purohit as Executive Director following his retirement on May 31, 2026. Effective June 12, 2026, the appointment is on a fixed-term contractual basis for an initial period of six months, with an option to extend for another six months subject to Managing Director approval. Shri Purohit brings over 36 years of operational experience, particularly in the TDI-II Dahej site and urea plants. This move signals a management focus on maintaining operational continuity and institutional knowledge during this transition phase.

Gillette India Limited has announced a significant change in its senior management structure. Effective July 1, 2026, Mr. Girish Kalyanaraman will assume the role of Vice President and Category Leader for the company's Grooming and Oral Care businesses. This transition marks a consolidation of leadership, as Mr. Kalyanaraman replaces outgoing leaders Mr. Kapil Sharma and Mr. Shailesh Sathyanarayanan, who step down on June 30, 2026. The move signals a potential strategic reorganization of these two core business segments. Investors should monitor whether this leadership unification leads to changes in operational strategy or digital transformation initiatives within the company's portfolio.

The company has announced a leadership transition in its Feminine Hygiene business. Mr. Mohit Pradhan will assume the role of Vice President and Category Leader for the segment, effective August 1, 2026. He succeeds Mr. Girish Kalyanaraman, who will step down from the senior management team on June 30, 2026, following a change in his assignment within P&G. Mr. Pradhan brings two decades of international experience to the role, having previously served as Vice President and General Manager for P&G Indonesia. This structured succession represents a planned organizational adjustment within the company's senior management.

Manglam Global Corporations Limited has announced the resignation of its statutory auditor, M/s. D M K H & Co., effective June 8, 2026. The board of directors took note of the resignation during a meeting held on June 11, 2026. The auditor cited geographical and logistical constraints alongside operational considerations as the primary reasons for the resignation. The company has explicitly clarified that there were no other reasons, and the resigning auditor did not raise any concerns with management. The auditor, who was appointed on August 7, 2023, was originally scheduled to serve until September 30, 2028.

Manglam Global Corporations Limited has announced the appointment of M/s. A K B Jain & Co. as its new Statutory Auditor, effective June 11, 2026. This appointment fills the casual vacancy arising from the resignation of the previous auditor, M/s. D M K H & Co. The Board has also proposed a five-year term for the new firm, extending until the Annual General Meeting in 2031, subject to shareholder approval. The new auditing firm brings over 39 years of experience, a team of 40 professionals, and a client base of 700 entities. Investors should note this routine corporate governance update.

CreditAccess Grameen Limited has announced the appointment of Ms. Devika Praveen as the company's new Chief Compliance Officer, effective June 11, 2026. Ms. Praveen is a seasoned professional with nearly 30 years of experience in the banking and financial services sector. Her professional background includes leadership roles at various financial institutions, including Slice Small Finance Bank, Fincare Small Finance Bank, AU Small Finance Bank, and Kotak Mahindra Bank. This strategic appointment of Senior Management Personnel highlights the company's focus on strengthening its regulatory compliance, governance frameworks, and anti-money laundering oversight. The company confirmed no conflict of interest regarding existing directors.

Punj Lloyd Limited has released its audited financial results for the year ended March 31, 2026. The company, which is currently undergoing a Corporate Insolvency Resolution Process (CIRP)/Liquidation, reported total income from operations of ₹271.92 crore, compared to ₹283.04 crore in the previous year. The net loss after tax (after exceptional items) widened significantly to ₹1,550.69 crore for the financial year ending March 31, 2026, from a net loss of ₹488.31 crore reported for the year ended March 31, 2025. Investors should note the company's ongoing liquidation status, which poses extreme risks to equity shareholders.

Punj Lloyd Limited has announced its financial results for the year ended March 31, 2020. The company reported a standalone net loss of ₹844.84 crore and a consolidated net loss of ₹723.32 crore for the period. These results were approved as the company undergoes liquidation following a Corporate Insolvency Resolution Process (CIRP), with Adani Infra (India) Limited emerging as the successful bidder. The statutory auditors issued a qualified opinion, citing significant issues regarding asset verification, internal controls, and overseas branch operations. The company is currently classified as a willful defaulter and faces pending investigations by various regulatory authorities.

Punj Lloyd Limited has filed audited financial results for the year ended March 31, 2020. The company reported a standalone revenue of ₹1,411.88 crore and a loss of ₹844.84 crore, while consolidated revenue was ₹1,825.77 crore with a loss of ₹723.32 crore. The entity is currently under a liquidation process and has been acquired by Adani Infra (India) Limited. Statutory auditors have issued a qualified opinion, highlighting concerns over unverified inventories and unreconciled liabilities. Trading in the company's shares remains suspended on both BSE and NSE.

Punj Lloyd Limited has filed its audited financial results for the year ended March 31, 2021, reporting a standalone net loss of ₹1,285.28 crore, widening from the previous year's loss of ₹844.84 crore. The consolidated net loss stood at ₹1,664.87 crore. The auditors have issued a qualified opinion, highlighting significant issues such as inability to verify inventory, lack of impairment assessments, and operational control gaps in foreign branches. The company is currently undergoing a liquidation process under NCLT, with Adani Infra (India) Limited declared as the successful bidder to acquire the company as a going concern.

Punj Lloyd has released its standalone and consolidated financial results for the year ended March 31, 2022, following significant delays. The standalone financials report a net loss of ₹1,640.50 crore on revenue of ₹905.25 crore. Consolidated operations recorded a net loss of ₹2,336.87 crore against revenue of ₹1,014.77 crore. The auditors have issued a qualified opinion, noting substantial issues including internal control weaknesses, un-reconciled statutory liabilities, and asset verification challenges. These figures reflect the company's financial condition during its liquidation process prior to the NCLT-approved acquisition by Adani Infra (India) Limited in February 2026.

Punj Lloyd Limited has announced its audited financial results for the year ended March 31, 2023. The company reported a standalone revenue of ₹799.99 crore and a loss of ₹273.02 crore, representing a loss reduction compared to the previous year. The company is currently undergoing liquidation proceedings and has been acquired by Adani Infra (India) Limited. Auditors have issued a qualified opinion citing operational challenges and record-keeping issues. The company has also been declared a willful defaulter, and trading in its equity shares remains suspended, marking significant distress for existing stakeholders.

Punj Lloyd Ltd has released its audited financial results for the year ended March 31, 2024, reporting a standalone net loss of ₹26.73 crore and a consolidated net loss of ₹445.43 crore. The company remains under liquidation, a process ongoing since May 2022. The statutory auditor has issued a 'Qualified Opinion' on both standalone and consolidated statements, citing significant issues including unverified inventory, lack of impairment assessment, and operational irregularities in overseas branches. The company's net worth is deeply negative. The key development is the NCLT-approved acquisition of the company by Adani Infra (India) Limited, which is currently underway as part of the resolution path.

Bharat Heavy Electricals Limited (BHEL) has announced a credit rating upgrade by CARE Ratings Limited. The company’s long-term bank loan rating has been raised to 'CARE AA/ Stable' from 'CARE AA-/ Stable', reflecting the company’s improved operational and financial performance up to FY 2025-26. Furthermore, the short-term rating for bank loan facilities and commercial paper has been reaffirmed at 'CARE A1+', the highest level. This upgrade signals strengthened financial standing, which is a positive development for the company’s credit profile and may support favorable borrowing conditions in the future.

Niraj Cement Structurals Limited has announced that credit rating agency Infomerics Valuation and Rating Ltd has assigned an 'IVR BBB/Stable' rating to its proposed long-term banking facilities, amounting to ₹5.00 crore. This development fulfills regulatory disclosure requirements under SEBI listing regulations. The 'Stable' outlook indicates that the rating agency anticipates financial stability for the rated facility, which is classified as 'Simple' in terms of complexity. Investors should note that credit ratings are independent opinions subject to periodic surveillance by the agency and are part of the company's standard financial governance.

NHC Foods Ltd has announced that Acuite Ratings & Research Limited has assigned a credit rating of 'ACUITE BBB' with a stable outlook to its bank facilities totaling ₹60 crore. This replaces the company's previous credit rating of 'IVR BBB-' from Infomerics Valuation and Rating Ltd, representing a credit rating upgrade. The facilities covered include term loans, cash credit, and proposed long-term bank facilities. Investors should note that credit ratings are subject to ongoing surveillance and potential future revisions by the rating agency.

Alembic Pharmaceuticals Limited has received a reaffirmation of the 'CARE A1+' credit rating from CARE Ratings Limited for its commercial paper facility. The reaffirmed rating covers an amount of Rs. 1,100 crore, as announced on 11th June 2026. This assessment validates the company's strong capacity to meet its short-term debt obligations. A 'CARE A1+' rating is typically associated with high-grade instruments, reflecting a stable credit risk profile for the company. This disclosure is a routine compliance filing under SEBI regulations and confirms the current status of the company’s short-term creditworthiness.

Tamilnad Mercantile Bank has announced that CRISIL Ratings Limited has reaffirmed its existing credit ratings for Fixed Deposits, Short Term Fixed Deposits, and Certificate of Deposits. The bank's ratings remain unchanged, with Fixed Deposits at CRISIL A+/Stable, and Short Term Fixed Deposits and Certificates of Deposits at CRISIL A1+. This disclosure, dated June 11, 2026, confirms the continued credit assessment of the bank's financial instruments by the rating agency. For investors, this reaffirmation serves as a standard signal of stability in the bank's credit profile and confirms there are no negative rating actions.

ICRA has reaffirmed the [ICRA]BBB+ credit rating for Spandana Sphoorty Financial Ltd and revised the outlook to Stable from Negative. The revision reflects easing pressures on the company's asset quality and profitability throughout the second half of FY2026. While the company reported a consolidated net loss of Rs. 699 crore for FY2026, asset quality metrics improved, with Gross Stage 3 assets at 3.8% and Net Stage 3 at 0.7% as of March 2026. Investors should monitor the high cost-to-income ratio of 147.9% and the company's reliance on higher-cost borrowing sources as it scales operations.

Vikran Engineering Limited has announced that India Ratings and Research has downgraded the company's long-term credit ratings for non-convertible debentures and bank loan facilities from 'IND A-/Negative' to 'IND BBB+/Stable'. The short-term rating for bank facilities was also adjusted to 'IND A2'. Management attributed the revision primarily to the concentration of the company's order book, with the NOPL Solar Project accounting for 37% of total unexecuted orders. Furthermore, the company noted a requirement for an ₹840 crore equity infusion to support the project's debt tie-up. The credit outlook has been revised to Stable.

Indus Fila Limited has released its audited results for the year ended March 31, 2026, reporting zero revenue from operations and a widened net loss of ₹2.57 crore (₹257.40 lakh), compared to a loss of ₹2.29 crore (₹228.88 lakh) in the previous year. The company is in financial distress, with a negative net worth of ₹13.28 crore (₹1,327.61 lakh). The auditors have issued a qualified opinion highlighting governance failures, including the absence of an audit committee, the misuse of term loan funds, and unresolved TDS disputes. The company's trading remains suspended as management pursues relisting efforts.

The National Company Law Tribunal (NCLT), Chennai Bench, has sanctioned the Scheme of Amalgamation between Dhanuka Laboratories Limited and Orchid Pharma Limited. This merger aims to realize operational synergies, expand product offerings, and streamline the group's structure. The scheme includes a share swap ratio of 161 fully paid-up equity shares of Orchid Pharma for every 5 fully paid-up equity shares of Dhanuka Laboratories. The appointed date for the amalgamation is April 1, 2024. The company will now update the stock exchanges once the scheme officially becomes effective following the filing of the certified order with the Registrar of Companies.

Elpro International Ltd has announced the results of its postal ballot, confirming that shareholders have approved the special resolution for the voluntary delisting of its equity shares. The resolution received overwhelming support, with 99.82% of all votes cast in favour. Crucially, the company met the mandatory regulatory requirement for public shareholder approval, with 98.81% of public votes cast in favour of the proposal, well exceeding the required threshold. This approval signifies a key procedural milestone in the company's delisting process, indicating clear shareholder intent regarding the proposed exit from public markets.

Hitachi Energy India Limited has announced a capital investment of ₹2,000 crore to establish a new state-of-the-art Large Power Transformer (LPT) factory in Karjan, Vadodara. Scheduled for completion by FY28, this facility is designed to enhance local manufacturing capabilities to meet rising electricity demand driven by grid expansion, data centers, and industrial electrification. The project is expected to create over 1,000 direct and indirect jobs. This strategic expansion aligns with the 'Make in India' initiative and underscores the company's long-term commitment to addressing India's evolving energy infrastructure needs.

Sindhu Trade Links Limited has issued a corrigendum to its Extra Ordinary General Meeting (EGM) notice, originally scheduled for June 18, 2026. The updates provide clarifications on the preferential allotment of equity shares and Compulsorily Convertible Preference Shares (CCPS) intended for the acquisition of stakes in Advent Coal Resources Pte. Ltd. and Sainik Mining and Allied Services Limited. The company is also seeking member approval to increase its authorized share capital from ₹156 crore to ₹196 crore. These developments are part of the company's strategic expansion in the mining and coal sectors, with detailed pricing and regulatory compliance notes included.

Veefin Solutions Limited has scheduled a board meeting for June 16, 2026, to consider migrating its equity shares from the BSE SME Platform to the Main Board of BSE Limited and initiating a direct listing on the National Stock Exchange (NSE). The board will also discuss issuing a postal ballot notice to seek shareholder approval for these transitions. This move signals the company's intent to graduate from the SME ecosystem to the main market, which typically aims to enhance liquidity and broaden the investor base. The proposal remains subject to necessary regulatory and shareholder approvals.

The National Company Law Tribunal (NCLT), Mumbai, has admitted HK Toll Road Private Limited, a wholly-owned subsidiary of Reliance Infrastructure Limited, into the Corporate Insolvency Resolution Process (CIRP). The insolvency proceedings, initiated by Canara Bank, are linked to a payment default of ₹282.60 crore as of February 28, 2025. Reliance Infrastructure has confirmed that its total exposure of approximately ₹355 crore in the subsidiary is already provided for in its books of accounts. The subsidiary is currently contesting the termination of its highway project concession agreement by NHAI through ongoing legal proceedings.