
GHCL Textiles Sends AGM Notice & Annual Report to Shareholders
GHCL Textiles Ltd has dispatched a letter to shareholders whose email IDs are not registered, providing a web link and QR code to access the complete Annual Report for FY 2025-26 and the Notice for the 6th Annual General Meeting (AGM). The AGM is scheduled for June 27, 2026, to be held via Video Conference. The company is complying with SEBI and MCA regulations for electronic dissemination of these documents. Shareholders can also request physical copies. Key dates include a record date of June 20, 2026, and e-voting from June 23 to June 26, 2026. Dividend payment is scheduled on or after June 27, 2026. Shareholders are advised to update KYC and bank details for dividend credit.

Atlanta Electricals Secures ₹285 Cr Order from PSTCL
Atlanta Electricals Limited has announced securing a significant order worth approximately ₹285.15 crore from Punjab State Transmission Corporation Limited (PSTCL). The order entails the supply of 23 units of 160 MVA, 220/66 kV Power Transformers, including associated systems and spares. This award underscores PSTCL's continued trust in Atlanta Electricals' capabilities and strengthens the company's market presence in Punjab, a strategically important region. The Chairman and Managing Director highlighted the order's role in strengthening their association with PSTCL and supporting manufacturing capacity utilization.

Atlanta Electricals Bags ₹285.15 Cr Order from PSTCL
Atlanta Electricals Limited has received a Letter of Award (LOA) from Punjab State Transmission Corporation Limited (PSTCL) for the supply of 23 units of 160 MVA, 220/66 kV Power Transformers, along with associated spares. The total order value, including applicable taxes, is ₹285.15 Crore. This significant order reinforces the company's established presence and strategic importance in the Punjab market, building upon its previous supply of approximately 200 transformers to PSTCL since 2018.

Texmaco Rail, Touax, TrinityRail Form Freight Rail JV
Texmaco Rail & Engineering Ltd. has announced a significant partnership with Touax Group and TrinityRail Global, Inc. TrinityRail will acquire a 32% stake in the existing joint venture, Touax Texmaco Railcar Leasing Pvt. Ltd. (TTRL). This collaboration aims to transform India's freight rail ecosystem by creating a first-of-its-kind global railcar leasing platform. The partnership combines Touax's leasing expertise, Trinity's global rail technology leadership, and Texmaco's manufacturing and market strengths. The venture is expected to enhance leasing efficiency, reduce costs, accelerate market adoption, and introduce new railcar designs, supporting India's goal to increase rail's share in freight transportation.

POWERGRID Commissions Gujarat Transmission Project
Power Grid Corporation of India Ltd (POWERGRID) has successfully commissioned the "Transmission Network Expansion in Gujarat to increase ATC from ISTS, Part-B" project. The project's commercial operation date (DOCO) confirmation was received on June 3, 2026, with the commissioning effective from May 13, 2026. This marks a significant step in enhancing Gujarat's transmission network capacity for inter-state power transfer.

Mastek Ltd Receives Final Income Tax Assessment Order
Mastek Ltd has received a Final Assessment Order from the Income Tax Department for FY 2022-23. The order includes a transfer pricing addition of ₹90,95,38,080 and a domestic tax addition of ₹32,62,88,114, totaling ₹1,23,58,26,194. Penalty proceedings under section 270A have also been initiated. The company believes there will be no material financial impact due to apparent errors in the computation sheet, such as incorrect tax rates, non-allowance of foreign tax credit, and non-grant of advance tax credit from a subsidiary. Mastek intends to file objections with the Income Tax Appellate Authorities.

Stanley Lifestyles Board Meeting on June 9, 2026 for Amalgamation Approval
Stanley Lifestyles Ltd has announced a Board of Directors meeting scheduled for June 9, 2026. The primary agenda is to consider and approve a scheme of amalgamation involving its wholly-owned and step-down subsidiaries. The amalgamation will be carried out under the fast-track merger process as per Section 233 of the Companies Act, 2013, subject to necessary regulatory approvals. This move aims to consolidate various subsidiary entities into the parent company, Stanley Lifestyles Limited.

ideaforge Technology to Raise Up to ₹500 Cr via Securities
ideaforge Technology Limited's Board of Directors has approved a fund-raising plan of up to ₹5,000 million (₹500 crore) through the issuance of various securities, including equity shares, preference shares, or convertible debentures. The decision was made during a board meeting held on June 3, 2026. The company will also seek shareholder approval via postal ballot for alterations in its Articles of Association and the fund-raising mechanism, which could include preferential allotment or qualified institutions placement. A Fund-Raising Committee has been formed to finalize the terms and conditions.

Lemon Tree Subsidiary Faces ₹33.5 Lakh Tax Demand
Lemon Tree Hotels Ltd's material subsidiary, Fleur Hotels Limited, has received an order from the Customs, Excise and Service Tax Appellate Tribunal, Hyderabad. The tribunal has confirmed a demand for service tax amounting to ₹33,54,487, along with penalties under Sections 76 and 77(2) of the Finance Act, 1994, for the period July 2012 to March 2013. The alleged contravention relates to the incorrect availment of CENVAT credit on maintenance, internet, and courier services. The company stated that there is no material impact on its financial or operational activities beyond the specified amount and is evaluating legal remedies.

Dr Lalchandani Labs Approves Audited FY26 Financial Results
Dr Lalchandani Labs Ltd announced the approval of its audited standalone financial results for the fiscal year ended March 31, 2026. The Board of Directors, in a meeting held on June 3, 2026, also appointed M/s. Brickwork Ratings India Private Limited as the new Monitoring Agency for the utilization of Rights Issue Proceeds, replacing M/s. Infomerics Valuation and Ratings Limited. The company reported a waiver of Rs. 61.08 lacs under an One Time Settlement (OTS) scheme for its unsecured loans. The financial statements indicate total assets of Rs. 1,760.05 Lacs and total equity and liabilities of Rs. 1,760.08 Lacs as of March 31, 2026. The company also provided cash flow statements, showing net cash flow from operating activities at (₹76.46) Lacs and from investing activities at (₹50.94) Lacs, while financing activities generated ₹211.74 Lacs.

HFCL Restructures Defence Business, Invests ₹89.25 Cr in HASPL
HFCL Limited's board approved a significant restructuring of its defence business. The company will invest ₹89.25 Crore in its subsidiary, HFCL Advance Systems Private Limited (HASPL), to create a focused defence platform. This includes the transfer of HFCL's thermal weapon sight (TWS) business to HASPL for ₹50 Crore and the disinvestment of up to 80% in Raddef Private Limited to HASPL for ₹75 Crore. Additionally, HASPL will acquire HFCL Defence Systems Private Limited for ₹25 Crore and invest ₹25 Crore in its aerostructure business. These moves aim to strengthen HFCL's defence capabilities, expand into aerostructures, and leverage an export order book of approximately ₹1,890 Crore.

Dr Lalchandani Labs Approves Audited FY26 Results
Dr Lalchandani Labs Ltd announced the approval of its audited standalone financial results for the half-year and full year ended March 31, 2026. The Board of Directors also approved the appointment of M/s. Brickwork Ratings India Private Limited as the new Monitoring Agency for the utilization of Rights Issue Proceeds, replacing M/s. Infomerics Valuation and Ratings Limited. The company reported a net profit before tax adjustment of ₹76.46 Lacs from operating activities and a net cash flow from financing activities of ₹211.74 Lacs, resulting in an increase in cash and cash equivalents to ₹414.08 Lacs.

Bagmane REIT Management to Meet Nimida Capital
Bagmane Prime Office REIT announced that members of its management team, from Bagmane Realty Investment Manager Private Limited, will meet with Nimida Capital on June 08, 2026. The purpose of the meeting is to provide an understanding of Bagmane Prime Office REIT's portfolio. Participation is subject to attendee availability.

HFCL Ltd Invests ₹89 Cr in HASPL, Divests Raddef for ₹75 Cr
HFCL Ltd's board approved several strategic transactions aimed at strengthening its defence business. The company will invest ₹89.25 Crore in its subsidiary HFCL Advance Systems Private Limited (HASPL) and divest up to 80% of Raddef Private Limited for ₹75 Crore. Additionally, HFCL will transfer its thermal weapon sight business to HASPL for ₹50 Crore. HASPL will also acquire HFCL Defence Systems Private Limited for ₹25 Crore and acquire the aerostructure business of Defsys. These moves aim to create a focused defence platform with an export order book of approximately ₹1,890 Crore.

HFCL Approves Raddef Divestment & HASPL Investment
HFCL Limited's board approved the disinvestment of up to 80% of its subsidiary Raddef Private Limited to HASPL for ₹375 Crore. Additionally, HFCL will invest ₹89.25 Crore in HASPL, increasing its stake to 51.02%. The company is also transferring its thermal weapon sight business to HASPL for ₹50 Crore. HASPL will further acquire HFCL Defence Systems Private Limited for ₹25 Crore and invest ₹25 Crore in its aerostructure business. These moves aim to consolidate HFCL's defence sector presence and expand into aerostructures, leveraging an export order book of ~₹1,890 Crore.








