Shanti Gold International commences production at its new expanded manufacturing unit

by Hansraj Agrawal | Jun 8, 2026 | Share Market

Last Updated : Jun 08 2026 | 7:04 PM IST

Shanti Gold International announced the successful completion of its capacity expansion project and the commencement of production at its new Marol, Andheri manufacturing facility, located at Ground to 3rd Floor, Plot No. 1, Compartment No. 5, Concast House, Marol Co-operative Industrial Estate, Vasanji Road, Andheri East, Mumbai – 400059, Maharashtra, with production commencing on June 08, 2026. This marks the successful execution of the expansion announced by the Company on January 22, 2026.

The newly expanded facility is now fully operational, equipped with state-of-the-art machinery and modern infrastructure, and has commenced production with immediate effect. The expansion adds approximately 4,000 kgs per annum to the Company’s manufacturing capacity, significantly strengthening its ability to service existing customers and pursue new strategic partnerships across organised jewellery retail in India and international markets.

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First Published: Jun 08 2026 | 7:04 PM IST

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Lemon Tree Hotels signs new property at Jaipur, Rajasthan

by Hansraj Agrawal | Jun 8, 2026 | Share Market

Last Updated : Jun 08 2026 | 7:04 PM IST

Lemon Tree Hotels announced the signing of Keys Prima by Lemon Tree
Hotels, Jaipur in Rajasthan. The property will be operated under a franchise agreement, further expanding the group’s robust pipeline across the region.

The hotel will feature 88 well-appointed rooms, a restaurant, banquet and conference facilities, a fitness centre, and modern public spaces catering to both business and leisure travellers.

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First Published: Jun 08 2026 | 7:04 PM IST

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India Secures Continued Market Access for Aquaculture, Honey, Eggs and Animal Casings exports to European Union beyond Sept-26

by Hansraj Agrawal | Jun 8, 2026 | Share Market

Last Updated : Jun 08 2026 | 7:04 PM IST

In a significant development for Indias agri and marine exports, India has been included on the list of countries authorised to export aquaculture products, eggs, honey, and animal casings to the European Union beyond September 2026 under the amended European Union regulatory framework. The European Union has notified an amendment to Regulation (EU) 2021/405 through Commission Implementing Regulation (EU) 2026/1189 in view of growing concerns relating to Antimicrobial Resistance (AMR). The revised regulation will come into effect from September 2026 and lays down additional requirements for countries exporting specified animal-origin products to the European Union. Indias inclusion in the list of authorised countries ensures continuity of exports of these products to the European Union market beyond September 2026. This is particularly significant for the fisheries sector, as exports of fish and fishery products from India to the European Union are currently valued at approximately USD 1.59 billion.

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First Published: Jun 08 2026 | 7:04 PM IST

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RVNL bags Rs 221-crore railway signalling contract from South East Central Railway

by Hansraj Agrawal | Jun 8, 2026 | Share Market

Rail Vikas Nigam (RVNL) announced that it has received a Letter of Acceptance (LoA) worth Rs 221.33 crore from South East Central Railway for signalling modernization works in the Bilaspur Division.

The project involves the replacement of panel interlocking systems with electronic interlocking systems, along with the installation of all associated indoor and outdoor signalling equipment. The scope of work also includes the construction of optical fibre cable (OFC) huts, S&T service buildings, electrification of these facilities, and related cabling works across adjoining block sections of BSPR, KLPG, ABKP, MZH, HRV, PRDL, KTMA, BJRI, KJZ, MDGR, CHRM, GTK, KLTR, PLAU, and KBS stations.

According to the company, the contract is scheduled to be executed within 730 days. The company clarified that the transaction does not qualify as a related-party transaction and that neither its promoters nor promoter group entities have any interest in the contract.

RVNL, a Government of India enterprise, is engaged in implementing rail infrastructure projects across the country. As of March 2026, the Government of India held a 72.84% stake in the company.

Rail Vikas Nigam (RVNL) declined 3.47% to Rs 263.10 after the companys consolidated net profit fell 58.92% to Rs 187.07 crore on 4.18% increase in revenue from operations to Rs 6,695.91 crore in Q4 FY26 over Q4 FY25.

The counter slipped 3.27% to Rs 227.95 on the BSE.

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SML Mahindra's May CV sales rise 12% YoY to 1,678 units

by Hansraj Agrawal | Jun 8, 2026 | Share Market

Last Updated : Jun 08 2026 | 5:50 PM IST

SML Mahindra reported an 11.64% year-on-year increase in commercial vehicle (CV) sales to 1,678 units in May 2026, compared with 1,503 units sold in May 2025.

The company’s commercial vehicle production stood at 1,729 units during the month, registering a growth of 6.86% compared with 1,618 units produced in the corresponding period last year.

Exports witnessed robust growth, surging 122.50% to 89 units in May 2026 from 40 units exported in May 2025.

SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts.

The company reported a marginal 2.36% year-on-year (YoY) rise in standalone net profit to Rs 54.20 crore for the fourth quarter ended 31st March 2026, compared with Rs 52.95 crore in the corresponding quarter last year. Revenue from operations rose 16.39% YoY to Rs 897.65 crore in the quarter ended 31 March 2026.

The counter slipped 1.99% to Rs 3,711.95 on the BSE.

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First Published: Jun 08 2026 | 5:50 PM IST

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Gujarat Inject Kerala hits the roof after securing Rs 1-cr solar module order

by Hansraj Agrawal | Jun 8, 2026 | Share Market

Last Updated : Jun 08 2026 | 5:31 PM IST

Gujarat Inject Kerala hit an upper circuit of 5% to Rs 119.90 after the company announced that it had received a purchase order worth approximately Rs 1.07 crore from Ottire Lifestyle.

The order is for the supply of 1,334 units of 600Wp solar PV modules and is scheduled to be executed by June 2026.

The company clarified that the transaction does not qualify as a related-party transaction and that neither its promoters nor promoter group entities have any interest in the contract.

Gujarat Inject (Kerala) was initially a joint-sector venture to manufacture intravenous fluids but now primarily engaged in the trading of goods. The company, promoted by Gujarat Inject Limited and the Kerala State Industrial Development Corporation, transitioned from pharmaceutical production to textile trading, focusing on integrity and stakeholder responsibility.

On the financial front, the company reported a standalone net profit of Rs 1.64 crore in Q4 FY26, compared with Rs 0.07 crore in the corresponding quarter of the previous year. Revenue from operations surged 624.1% year-on-year to Rs 30.70 crore during the quarter.

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First Published: Jun 08 2026 | 5:31 PM IST

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