Latest Announcements

Manoj Vaibhav Gems N Jewellers Limited has received an order from the Central GST Commissionerate, Visakhapatnam, concerning alleged irregular availment and utilization of Input Tax Credit (ITC) on IPO expenses for FY 2021-22 to 2024-25. The order confirms a total demand of Rs. 5,84,20,920/-, comprising a tax demand of Rs. 2,92,10,460/- and an equivalent penalty of Rs. 2,92,10,460/-, along with applicable interest. The company intends to file an appeal against this order and states that there is no impact on its operational activities.

Compucom Software Limited announced that CARE Ratings Limited has assigned a 'CARE BBB-; Negative' rating for its Long Term Bank Facilities of INR 5.00 crore. Additionally, the rating for its Long Term / Short Term Bank Facilities of INR 14.50 crore was reaffirmed at 'CARE BBB-; Negative / CARE A3', but critically, the outlook was revised from 'Stable' to 'Negative'. This revision indicates an increased financial risk profile for the company.

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.

TruAlt Bioenergy Limited has resubmitted its audited financial results for the quarter and year ended March 31, 2026, correcting an earlier submission that was not machine-readable. The resubmitted standalone results indicate a significant decline in performance, with full-year revenue from operations decreasing to ₹1,70,465.34 lakhs in FY26 from ₹1,88,011.66 lakhs in FY25. Net profit for the year substantially dropped to ₹8,003.00 lakhs compared to ₹14,061.53 lakhs in the previous year, resulting in lower earnings per share (EPS) of ₹10.23 against ₹20.08 in FY25.

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.

Share India Securities Limited has disclosed that the National Stock Exchange of India Limited (NSE) has levied a monetary penalty of ₹5,09,000/- (excluding GST) on the Company. This penalty was imposed in the normal course of its stock broking operations, as per directives from the Member and Core Settlement Guarantee Fund Committee (MCSGFC). The company asserts that this penalty will not have any material impact on its financials, operations, or other business activities, and it is committed to upholding high compliance standards and addressing the issue.

Pricol Ltd announced its 15th Annual General Meeting (AGM) will be held on August 5, 2026, at 3:00 PM, conducted entirely through Video Conference/Other Audio Visual Means. Shareholders will receive the AGM Notice and Annual Report for the financial year ended March 31, 2026, via email. The company also informed that the Board of Directors has not recommended a final dividend for the financial year 2025-26, which is a key update for investors.

XL Energy Limited, a company currently undergoing Corporate Insolvency Resolution Process (CIRP) with an approved Resolution Plan, has reported its audited financial results for the quarter and financial year ended March 31, 2026. The results, approved by the Monitoring Committee and the newly constituted board/Successful Resolution Applicant, show no revenue from operations for both periods. The company incurred a significant loss of INR 253.78 Lakhs in Q4 FY26 and a full-year loss of INR 308.11 Lakhs, a substantial deterioration from the prior year's profits. This reflects continued financial distress post-CIRP initiation.

Pricol Limited announced its 15th Annual General Meeting (AGM) will be held virtually on August 5, 2026, at 3:00 P.M. The company will send the AGM Notice and Annual Report for the year ended March 31, 2026, via email to registered shareholders. Shareholders are advised to update their email and bank details for communication and future dividend credit. Importantly, the Board of Directors has not recommended a final dividend for the financial year 2025-26.

Adcounty Media India Ltd's board approved increasing its borrowing and charge creation limits from ₹100 Crores to ₹200 Crores, alongside similar increases for inter-corporate loans/guarantees under sections 185 and 186. Critically, the board also approved material related party transactions with three entities and a substantial 150% hike in monthly remuneration for four Executive Directors (from ₹2 Lakhs to ₹5 Lakhs). All these decisions are subject to shareholder approval via postal ballot.

JBF Industries Ltd, currently under Corporate Insolvency Resolution Process (CIRP), announced the successful conclusion of its Extra-Ordinary General Meeting (EGM) held on June 23, 2026. The EGM, chaired by the Resolution Professional, approved the appointment of the Secretarial Auditor by its members with the requisite majority. The company will file the detailed voting results and scrutinizer's report with the stock exchanges.

Healthy Life Agritec Ltd submitted its audited standalone and consolidated financial results for the year ended March 31, 2026, to the BSE, following a query from the exchange. While the auditors issued an unmodified opinion on the results, their report highlighted several significant 'Key Audit Matters'. These included the company's non-compliance with TDS, Employees' Provident Fund (EPF), and Employees' State Insurance (ESI) provisions, along with outstanding undisputed income tax liabilities. Additionally, the report noted that inventory, debtor, creditor, and intangible asset valuations were management-certified and internal audit reports and internal financial controls reports were unavailable for verification.

The Exchange has sought clarification from DS Kulkarni Developers Limited regarding the non-submission of its standalone auditor's report for the quarter ended March 31, 2026. This request is based on Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates such submissions. The company's response to this critical compliance issue is currently awaited. This event highlights potential significant lapses in financial reporting and corporate governance.

The National Stock Exchange (NSE) has sought clarification from Prakash Pipes Limited regarding its failure to submit Consolidated Financial Results for the quarter ended March 31, 2026. This non-submission is a violation of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's official response to the Exchange's query is currently awaited.

Simbhaoli Sugars Limited has received a clarification request from the National Stock Exchange (NSE) regarding its failure to submit consolidated financial results for the quarter ended March 31, 2026. This non-submission is a violation of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's official response to this query is currently pending.

Ms. Sonal Dushyant Patel, a member of Crestchem Limited's promoter group and sister of a promoter, disclosed her sale of 14,600 equity shares in the company. The shares, representing 0.48% of the total equity, were sold through open market transactions on June 22, 2026, for an approximate value of ₹9.47 lakhs. This disclosure was made under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Organic Coatings Ltd reported audited financial results for FY2025-26, announcing a net loss of Rs. 325.88 lakhs, a significant increase from the Rs. 210.23 lakhs loss in the prior year. Revenue from operations also declined to Rs. 2,809.33 lakhs. Due to these losses, the board did not recommend any dividend. Additionally, the appointment of two independent directors was deferred, and the Company Secretary and Compliance Officer resigned.

Shelter Infra Projects Ltd announced its audited financial results for the quarter and year ended March 31, 2026, which were approved by the Board. However, the independent auditor issued a modified opinion due to significant concerns. These include the non-provision of lease rent liability for a 999-year land lease and the management's inability to determine the fair value of non-current equity investments valued at INR 194.30 lakhs, impacting Other Comprehensive Income. The full results will be published shortly.

Praxis Home Retail Limited submitted its audited financial results for the quarter and year ended March 31, 2026. The auditor's report highlighted a 'material uncertainty related to going concern' due to a significant cash loss of ₹40.58 crore for FY26, negative net worth, and current liabilities exceeding current assets by ₹59.94 crore. Additionally, the company received an Insolvency and Bankruptcy Code (IBC) notice from an operational creditor, casting significant doubt on its ability to continue operations.

BWL Ltd announced its unaudited standalone financial results for the quarter and half-year ended September 30, 2025, accompanied by an unmodified review report from its statutory auditors. While the full profit and loss statement is incomplete, the balance sheet shows total assets increased to 476.40, but equity remained significantly negative at (641.70) as of September 30, 2025, further deteriorating from (623.07) at March 31, 2025. Non-current borrowings also increased, indicating continued financial weakness.