Latest Announcements

Crystal Business System Ltd announced the outcome of its board meeting held on July 21, 2026, where it considered and approved the proposal for voluntary delisting of equity shares from Metropolitan Stock Exchange of India Limited (MSEI).

NHPC Ltd announced an incident at its Teesta VI HE Project (500 MW) in Sikkim, where 25 personnel were trapped inside the under-construction tunnel after a sudden burst of suspected methane gas led to an explosion. 10 casualties have been reported so far. The company is working with rescue teams and local authorities to support the ongoing rescue operations.

Patel Engineering Ltd. has reported an incident at its Samardung Tunnel project in North Sikkim, resulting in a gas leak and explosion that trapped 25 project personnel, with casualties reported.

Reliance Infrastructure Ltd (RInfra) announced that the Adjudicating Authority, PMLA, confirmed the provisional attachment of its shareholdings in subsidiaries BSES Yamuna Power Limited, BSES Rajdhani Power Limited, and Mumbai Metro One Private Limited. The attachment is for an amount of approximately Rs. 1,575 crore, stemming from alleged violations of the Prevention of Money Laundering Act (PMLA) during the period 2017 to 2019. RInfra plans to file an appeal challenging this order.

Sparc Electrex Ltd reported extremely poor standalone audited financial results for Q4 FY26 and the full financial year, showing negligible revenue and significant losses. For Q4 FY26, revenue from operations was 0.19 Lakhs with a loss of (276.98) Lakhs. The full year FY26 saw a substantial loss of (446.18) Lakhs. Critically, the company disclosed that its bank accounts were frozen by the Income Tax Department on November 24, 2025, due to non-payment of outstanding income tax demands, signaling severe financial distress and active regulatory enforcement.

Sparc Electrex Ltd announced its audited standalone financial results for Q4 and the full financial year ended March 31, 2026, reporting a substantial increase in net loss to Rs 446.18 lakhs for FY26, compared to Rs 152.04 lakhs in FY25. Revenue from operations also declined sharply from Rs 366.10 lakhs to Rs 28.29 lakhs year-on-year. Crucially, the company disclosed that its bank accounts have been frozen by the Income Tax Department since November 2025 due to non-payment of outstanding tax demands. The Board also approved the Auditor's Report and a Statement of Impact of Audit Qualifications.

Bharathi Narendra Gala, a member of Enbee Trade & Finance Ltd's Promoter Group, sold 69,00,000 equity shares via open market transactions on June 19, 2026. This significant sale reduced their shareholding from 3.08% to 2.09% of the company's total paid-up capital, with transaction value of INR 20,04,728. The disclosure was made under SEBI (Prohibition of Insider Trading) Regulations, 2015. This constitutes a notable reduction in promoter group stake.

A member of Enbee Trade & Finance Ltd's Promoter Group, Meyhul Gaala, sold 685,000 equity shares in the open market between June 19-22, 2026. This transaction reduced Meyhul Gaala's stake in the company from 3.00% to 2.32%. The sale was reported as a continual disclosure under Regulation 7(1)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Family Care Hospitals Ltd submitted its scrutinizer's report and voting results for a postal ballot on June 22, 2026, concerning an Ordinary Resolution for Related Party Transactions with Onelife Capital Advisors Limited for FY 2026-27. Although the scrutinizer reported the resolution as "passed with Requisite Majority," the detailed voting shows only 17.87% votes in favor and 82.13% against. This significant discrepancy indicates the resolution failed based on standard requirements for an Ordinary Resolution, raising serious governance concerns.

Meyhul Gaala, a member of the promoter group of Enbee Trade & Finance Ltd, reduced their stake by 0.98% of the total voting capital through open market share sales. This transaction, involving 6,850,000 shares, occurred between June 19, 2026, and June 22, 2026. As a result, the promoter group member's holding decreased from 4.13% to 3.15%. The company made this disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Flexituff Ventures International Ltd's statutory auditor, Mahesh C. Solanki & Co., has resigned citing prolonged non-payment of audit fees and a "severe deadlock" in the company's business operations. The auditor also highlighted an inability to obtain sufficient appropriate audit evidence, which would significantly impact current financial statements and was prevalent in previous reports. This announcement points to severe underlying financial and operational distress within the company, raising significant governance and regulatory concerns.

Flexituff Ventures International Ltd. announced the resignation of its statutory auditor, M/s. Mahesh C. Solanki, Chartered Accountants, effective June 19, 2026. The auditor cited prolonged non-payment of audit fees and a "severe deadlock position" in the company's business operations as key reasons for their resignation. Furthermore, the auditor stated an inability to obtain sufficient appropriate audit evidence due to circumstances beyond management's control, which had a "significant impact on the financial statements/results," a concern also prevalent in previous limited review reports.

Maagh Advertising and Marketing Services Ltd announced its audited financial results for the half and full year ended March 31, 2026. The company reported zero revenue from operations for FY2026, a drastic fall from Rs. 990.00 Lacs in FY2025. Consequently, it posted a net loss of Rs. 20.45 Lacs for the full year, reversing a profit of Rs. 35.79 Lacs in the prior year. Basic and diluted EPS turned negative, and no dividend was recommended. This indicates a severe deterioration in operational and financial performance.

Minolta Finance Ltd has withdrawn the record date of June 30, 2026, for its proposed rights issue. The company cited unforeseen circumstances and pending procedural formalities with the depositories as reasons for the withdrawal. The previously fixed record date now stands cancelled, and the company will separately announce a revised record date and other terms for the rights issue in due course.

Carnation Industries Ltd announced that its Promoter received a Provisional Attachment Order from the Directorate of Enforcement on June 23, 2026. The company understands the order pertains to proceedings involving certain foreign entities/FPIs regarding alleged third-party predicate offenses. Carnation Industries stated that no predicate offense has been alleged against the company or its Promoters in these proceedings. The company confirmed that its business operations, financial position, customer commitments, and strategic priorities continue unaffected.

Sarveshwar Foods Ltd. clarified the delay in submitting its financial results for the quarter/year ended March 31, 2026, which was initially due to an oversight in not specifying the reasons. The company now states that the delay was caused by the inability to collate financial information from its UAE subsidiary, Natural Global Foods DMCC, within the expected timeframe. This difficulty arose from prevailing geopolitical situation and operational disruptions in the UAE region, which impacted the finalization of consolidated results. The company expressed regret for the inconvenience.

Eraaya Lifespaces Ltd (now Ebix Limited) has received a Provisional Attachment Order from the Directorate of Enforcement under the PMLA. This order pertains to proceedings involving certain foreign entities and SEBI-registered FPIs that invested in the company's securities, examining their transactions and alleged predicate offenses. The company clarifies that neither it nor its promoters are alleged to have committed any predicate offense. The company is evaluating the order with legal counsel and asserts no impact on its business operations, financial position, customer commitments, or strategic priorities.

Compucom Software Ltd received credit ratings from CARE Ratings for its bank facilities. Long-Term Bank Facilities worth Rs. 5.00 Crore were assigned a 'CARE BBB-; Negative' rating. For Long-Term / Short-Term Bank Facilities of Rs. 14.50 Crore, the 'CARE BBB-; Negative / CARE A3' rating was reaffirmed, but the outlook was revised from Stable to Negative. The total bank facilities rated amount to Rs. 19.50 Crore.

Pawan Kumar Mittal and Kiran Mittal, identified as a promoter group member of Adishakti Loha and Ispat Ltd (now Afloat Enterprises Limited), have sold 320,000 shares in the open market. This transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating a reduction in their stake in the company.

Manoj Vaibhav Gems N Jewellers Ltd received an order from the Central GST Commissionerate, Visakhapatnam, confirming a tax demand of Rs. 2,92,10,460 and an equivalent penalty, totaling Rs. 5,84,20,920, along with applicable interest. This demand relates to alleged irregular availment of Input Tax Credit (ITC) on IPO expenses for the period 2021-22 to 2024-25. The company is evaluating the order and plans to file an appeal, stating no impact on its operational activities.