Latest stock market news, company updates, and price movements. Stay updated with market trends, earnings insights, and investment analysis.
Company’s strategic finance head is seconded from MTL while its CISO remains on MTL’s payroll; MTL holds 61.55% of fully diluted equity.
Pai’s personal-insolvency action remains pending under an interim stay after Bank of Baroda invoked a $77,461,427.07 guarantee in February 2023.
The Company contests Rs 143.277 crore in quantified tax demands, led by two card-personalisation excise appeals involving Rs 144.33 crore of duty and penalties.
Manipal Payment recorded a Rs 315.439 crore amalgamation deficit after paying Rs 415 crore for two holding-company divisions with Rs 99.561 crore of net assets.
Manipal Payment’s Fiscal 2025 related-party schedule shows Rs 560 crore of investment-sale proceeds, Rs 110.14 crore above its Rs 449.87 crore debenture investment.
Glass Wall Systems faces a Bombay High Court petition over tribunal relief in façade-contract VAT assessments originally totalling approximately Rs 31.231 crore.
Company had Rs 125.01 crore of sanctioned facilities on August 3, 2026, of which Rs 90 crore was for letters of credit and guarantees.
Glass Wall Systems generated Rs 206.573 crore, or 45.20% of Fiscal 2026 revenue, from international façade-products supply, nearly matching domestic façade solutions.
Glass Wall Systems’ Vile Bhagad utilisation rose to 87.06% in Fiscal 2026 after Fiscal 2025 order deferrals reduced it to 53.91%.
Glass Wall Systems has 11 pre-offer shareholders, with nine promoter and promoter-group holders owning 64.38% and two funds holding the remaining 35.62%.
Glass Wall Systems plans a Rs 82.168 crore glass-processing unit after glass reached 31.71% of Fiscal 2026 raw-material and component costs.
Jawahar Hemrajani acquired 228,571 Vistra shares at Rs 35 each, versus Rs 177.81 assigned to 8,716,925 non-cash preferential-allotment shares in 2025.
India’s organized façade market is projected to grow 18.8% annually to Rs 5,410 crore by Fiscal 2030F, raising its share to 37.5%.
Glass Wall Systems accounted for 38% of India’s US$36.8 million façade and fenestration exports in 2024, when exports exceeded imports by US$4.2 million.
Glass Wall Systems restated prior construction revenue after replacing invoice-based recognition, reducing fiscal 2024 revenue by Rs 63 lakh and equity by Rs 1.269 crore.
Company recorded 12 key-management changes in three years, including two CFO handovers and three company-secretary handovers, ending with appointments in May and August 2026.