TVS Motor Company Business Update
TVS Motor reported its highest-ever monthly sales of 5.67 Lakh units in May 2026. Total volumes grew 31% year-on-year, driven by strong international and EV growth.
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TVS Motor reported its highest-ever monthly sales of 5.67 Lakh units in May 2026. Total volumes grew 31% year-on-year, driven by strong international and EV growth.
V.S.T. Tillers Tractors Ltd. reported monthly sales of 4,472 units for May 2026. This operational update shows sales volume growth compared to the previous year.
Maruti Suzuki achieved record monthly sales of 242,688 units in May 2026. Domestic sales hit an all-time high, indicating strong demand across its passenger and utility vehicle segments.
Coal India reported provisional production of 56.1 Mill Te and offtake of 66.7 Mill Te for May 2026. Offtake grew 2.2% year-on-year, providing key operational performance visibility.
Sanathan Textiles announced that the government's raw cotton import duty exemption will reduce raw material costs. This relief strengthens competitiveness for its premium cotton yarn segment.
Ola Electric reported 15,139 unit registrations in May 2026, achieving 23% month-on-month growth. The company significantly outpaced industry growth, marking its third consecutive month of recovery.
Steel Strips Wheels reported 18% YoY growth in monthly sales for May 2026, reaching ₹485.98 Crore net turnover. Strong domestic demand for tractor and EV segments drove performance.
Mahindra & Mahindra reported 99,636 total vehicle sales in May 2026, a 20% YoY growth. Utility vehicle and tractor segments showed robust demand despite supply chain constraints.
Bajaj Auto reported a 20% year-on-year increase in total sales for May 2026, reaching 4,61,257 units. Growth was driven by a 34% surge in exports.
SML Mahindra reported a 15% year-on-year growth in total sales for May 2026. Growth was driven by strong passenger vehicle demand despite cargo vehicle declines.
Deccan Gold identified a 100m wide mineralised corridor at its Bhalukona project in Chhattisgarh. Positive assay results strengthen confidence in the site's potential as a critical minerals asset.
Sundaram Finance submitted its Asset/Liability Management statements to the RBI for March 2026. This routine regulatory filing provides transparency on the company's liquidity and interest sensitivity.
Jindal Poly Films delayed its FY26 audited financial results due to resource disruptions following a subsidiary fire. The company has requested an extension from regulators.
Globesecure Technologies signed an MOU to sell its office property in Panvel to Ilios Digital Private Limited. The transaction is a non-core asset sale with no impact on control.
Chandni Machines Ltd announced a delay in submitting its FY26 audited financial results due to pending account finalization. The trading window remains closed until result declaration.
Aspire & Innovative Advertising Limited reported ₹177 Crore revenue for FY25-26. The company successfully diversified into B2B, E-commerce, and GeM platforms to reduce NBFC concentration risks.
Andhra Paper revoked the lockout at its Kadiyam manufacturing unit effective May 29, 2026. Employees have been instructed to resume duty, facilitating restoration of normal operations.
NSB BPO Solutions submitted its Related Party Transaction disclosures for the period ended March 31, 2026. Total transactions for the half-year amounted to ₹33.29 Crore.
Star Delta Transformers disclosed related party transactions totaling ₹12.67 Crore for H2FY26. The report covers loans and management remuneration in compliance with SEBI LODR regulations.
Punjab National Bank announced that its MCLR rates across all tenors will remain unchanged effective June 1, 2026. Overnight MCLR stays at 7.95% and one-year at 8.75%.
Bank of India announced revised MCLR rates and Fixed Rate Spreads effective from June 01, 2026. These rate adjustments directly impact the bank's lending yields and margins.
ARC Insulation & Insulators reported declining profits due to geopolitical conflicts and heavy rainfall. Management confirmed securing new domestic orders to restore future operational performance.
Shilpa Medicare's Bengaluru facility concluded a USFDA inspection with five procedural observations. The company expects no material impact on operations and will respond within timelines.
Salora International Ltd announced that the GST Department revoked its Delhi GST registration suspension. This restoration allows the company to resume regular compliance and business operations.
Hindustan Zinc released its 9th Tax Transparency Report, contributing ₹18,846 Crore to the exchequer. The report highlights enhanced ESG governance and tax strategy alignment.
Prima Plastics' Guatemalan subsidiary declared a dividend, with USD 1.8 million (₹17.10 Crore) receivable by the parent. The payout reflects positive cash flows from international operations.
Nagarjuna Fertilizers announced a delay in submitting FY2026 audited financial results due to high employee attrition. The company expects to finalize and submit results by June 15.
Jubilant Pharmova received a USFDA Warning Letter for its Montreal facility following an inspection. Operations continue under enhanced oversight while the company initiates corrective remediation actions.
SMT Engineering Ltd updated its policy on Materiality of Related Party Transactions. This governance update ensures regulatory compliance and transparent dealing with related parties.
Elgi Rubber Company agreed to sell a Coimbatore land parcel for ₹43.50 Crore. The transaction involving non-core assets is expected to conclude by June 2026.