Latest stock market news, company updates, and price movements. Stay updated with market trends, earnings insights, and investment analysis.
Vivekanand Cotsipn reports its predecessor LLP’s Rs 54.37482 lakh GST demand is stayed on appeal after the LLP’s registration was cancelled.
Vivekanand Cotsipn changed four former independent directors between December 2025 and April 2026, appointing its current two-member cohort on April 16, 2026.
Vivekanand Cotspin Limited reports four related promoter-directors each hold 20%, giving the Patel family 80% of pre-issue equity capital.
Vivekanand Cotspin LLP-linked entities disclose nine GST matters, led by a Rs 6.0103394 crore demand against Ambica Cotseeds Limited for July 2017 to March 2019.
Nirav Patel is contesting three pending income-tax reassessments involving Rs 26.28 crore of alleged escaped income for AY 2019-20 to AY 2021-22.
Vivekanand Cotsipn projects a 41-day working-capital cycle in FY28, with net working capital rising to Rs 69.75 crore from Rs 35.42 crore.
India’s cotton-yarn exports reached Rs 32,604 crore in FY2026 after the FY2023 slump, but Bangladesh and China accounted for 60% of 2024-25 destinations.
Vivekanand Cotsin relies on group companies for exports and cottonseed processing as international manufacturing sales rose to Rs 41.37 crore, or 10.24%, in fiscal 2026.
Ami Ridhish Patel holds 76.19% of the company’s pre-IPO equity capital, within a promoter holding of 92.72% across 2,37,31,386 shares.
ArMee’s promoter couple held 82.10% of equity and received Rs 3.77 crore from the company in Fiscal 2026, alongside disclosed office-property leases.
India’s BESS sector is projected to require 236.22 GWh by FY2031-32, against approximately 5.9 GWh installed in March 2026, under the National Electricity Plan.
Jhaveri Credits & Capital approved buying 51% of U R Energy (Solar) for ₹0.00051 crore and proposed renaming itself U R Energy (India) Limited, subject to approvals.
ArMee Infotech reported Rs 318.55 crore outstanding at June 30, 2026, including Rs 211.55 crore of funded borrowings and Rs 107.00 crore of non-fund facilities.
CARE Ratings cut Vishnu Prakash R Punglia’s ₹960 crore bank facilities rating and tagged it Issuer Not Cooperating, while the company disputed the review and said repayments are timely.
ArMee’s Fiscal 2025 revenue rose to Rs 1,313.31 crore, but profit after tax fell to Rs 41.67 crore as traded goods reduced gross margins.
India’s solar-cell imports nearly doubled to Rs 27,130 crore in FY 2026, while domestic cell manufacturing capacity reached 27 GW.