Latest Announcements

Vadilal Enterprises Ltd has informed BSE that India Ratings and Research (Ind-Ra) has downgraded the company's bank loan facilities' long-term rating to IND A- from IND A+ and short-term rating to 'IND A2+' while placing the rating on Rating Watch with Negative Implications.

Wallfort Financial Services Ltd has received a penalty of INR 2,25,700 from the National Stock Exchange of India Limited (NSE) for alleged non-compliance pertaining to Surveillance and Investigation.

Vikran Engineering Ltd has received a Demand Cum Show Cause Notice (SCN) from the Office of Additional Commissioner, CGST & CX, Patna-I, Patna, under Section 73 of the CGST Act, 2017, for FY 2022-23, with a tax demand of Rs. 5,34,45,785 and penalty of Rs. 53,44,579.

Vadilal Industries Ltd has informed the exchange that India Ratings and Research (Ind-Ra) has placed the company's bank loan facilities on Rating Watch with Negative Implications.

TeleCanor Global Ltd. has been following up with BSE for expeditious processing of its listing application, but has not received a definitive timeline or concrete reasons for the continued pendency. The company has made an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has also received a threatening email from a shareholder accusing BSE of fabricating compliance pretext and causing a medical emergency.

Jai Balaji Industries Ltd's credit rating has been downgraded by CRISIL to 'Crisil BBB/Stable/Crisil A3+' from 'Crisil BBB+/Stable/Crisil A2' due to weaker-than-expected operating performance in fiscal 2026, primarily driven by a slowdown in government-led water infrastructure projects and muted demand for ductile iron pipes and thermo-mechanically treated bars.

Thacker & Company Ltd has received a notice from Jana Small Finance Bank for the invocation of a guarantee agreement related to a credit facility availed by Thakkarson Roll Forming Pvt. Ltd. The notice demands repayment of Rs. 117.73 crore with interest and incidental expenses within 14 days.

Indian Metals & Ferro Alloys Ltd has received a penalty order from the Income Tax Department demanding Rs 38.98 Lacs under section 270A of the Income-tax Act, 1961 for a higher capital gain tax computed by the Assessing Officer for a sale of an immovable property. The company is contemplating an appeal against the order.

NESCO Ltd has received a communication from National Highways Logistics Management Limited regarding the levy of a penalty of Rs. 2,09,72,000 for the delay in implementation of a project.

Rama Paper Mills Ltd has announced its un-audited financial results for the quarter ended June 30, 2026, with a loss that would have increased by Rs.136.10 Lakhs if interest on corporate deposits was provided. The company has also not carried out physical verification of inventory for the period April 1, 2025 to June 30, 2025, and April 1, 2026 to June 30, 2026.

Oswal Overseas Ltd has announced its unaudited financial results for the quarter ended June 30, 2026, showing a net loss of Rs. 186.49 crores and a decline in revenue from operations to Rs. 221.06 crores.

Sapphire Foods India Ltd has received a show cause notice from the Deputy Commissioner (CT), Chennai, Tamil Nadu, for an alleged GST violation and short payment of tax amounting to INR 5,168.38 million, with a computational error in the notice.

Music Broadcast Ltd has received a Show Cause Notice (SCN) from the Office of the Deputy Commissioner, State Tax, Sector-2, Lucknow, alleging short payment of tax and irregular/excess availment of Input Tax Credit claim for FY 2022-23. The SCN raises a total demand of approximately ₹11,57,81,759. The Company does not agree with the allegations and proposes to submit a detailed reply within the prescribed timeline.

Sterling and Wilson Renewable Energy Ltd has received an order from Additional Commissioner, CGST, Jaipur, Rajasthan, demanding tax and penalty aggregating to ~ INR 27.72 Crore plus applicable interest for alleged shortfall of taxes for the period November 2020 to November 2021. The company is evaluating the order and deciding the future course of action.

TeleCanor Global Ltd has removed its statutory auditors, M/s. K.K. Goel & Co., due to non-cooperation and failure to provide necessary support and information. The company will initiate the process for removal and convene a general meeting for shareholder approval.

Vishnu Prakash R Punglia Ltd has been assigned a credit rating by Infomerics Valuation and Rating Ltd, with a long-term rating of IVR C+/Stable and a short-term rating of IVR A4, both downgraded from previous ratings. The downgrade is due to delays in servicing principal debt obligations.

AAVAS Financiers Ltd has received a communication from the National Housing Bank (NHB) regarding certain loan pools availed under the refinance scheme. NHB has determined an amount of INR 1.09 Crores payable by the Company as penal charges and has directed the Company to repay a refinance facility aggregating to approximately INR 12.24 Crores.

Zee Learn Ltd has received a letter from Assets Care & Reconstruction Enterprise Ltd regarding the invocation of the Corporate Guarantee, requiring the company to pay Rs. 818.23 Crores. The company is evaluating necessary steps.

Resourceful Automobile Ltd has called an EGM to consider the issuance of up to 3,00,000 convertible equity warrants to Rahul Sawhney, the company's managing director, at a price of Rs. 51 per warrant, aggregating to up to Rs. 1,53,00,000.

CMI Ltd has announced its audited financial results for the quarter and year ended 31st March 2026, with a net loss of Rs. 349.10 lakhs for the quarter and a net loss of Rs. 1,135.80 lakhs for the year. The company's board of directors has approved the audit report and financial results, despite the company being under corporate insolvency resolution process.