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Company Announcement
Force Motors Force Motors achieved total sales of 3,890 units in month of February 2026 compared to 3,600 units in February 2025, recording a growth of 8.06%. <p> Total sales include domestic sales of 3,825 units (up 8.63% YoY) and exports of 65 units (up 17.72% YoY).
Balkrishna Inds Balkrishna Industries has received the credit rating of CARE AA+; Stable for non-convertible debentures of Rs 750 crore of the company.
Carborundum Uni. The board of Carborundum Universal at their meeting held today, have appointed Ambassador D B Venkatesh Varma (DIN: 11564227) as an Additional Director in the capacity of an Independent Director of the Company for a term of five years with effect from 4 March 2026.
Eicher Motors Eicher Motors achieved total sales of 1,00,905 units in month of February 2026 compared to 90,670 units in February 2025, recording a growth of 11%. <p> Total sales include international business of 9,657 units (down 2% YoY). <p> The company sold 89,844 units of models with engine capacity of up to 350cc (up 16% YoY) and 11,061 units of models with engine capacity exceeding 250cc (down 14% YoY).
GE Shipping Co Great Eastern Shipping Company has contracted to buy a secondhand Kamsarmax Dry Bulk Carrier of about 81,094 dwt on 04 March 2026. The 2014 Japanese built vessel is expected to join the Company's fleet by Q1 FY27. <p> The proposed vessel will be financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet. <p> The company's current owned fleet stands at 41 vessels, comprising 27 Tankers (5 Crude Tankers, 17 Product Tankers, 5 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 9 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.25 mn dwt. The Company's current capacity utilization is close to 100%.
Oriental Hotels Oriental Hotels announced that ICRA has upgraded the credit ratings assigned to the bank facilities of the company to ICRA AA-; Stable / ICRA A1+ from ICRA A+; Stable/ ICRA A1.
SML Mahindra SML Mahindra reported total sales of 1503 units in month of February 2025 compared to 1288 units in February 2025, recording a growth of 17%. Total sales include cargo vehicle sales of 486 units (up 4% YoY) and passenger vehicle sales of 1017 units (up 24% YoY) during the month.
Remi Edelstahl Remi Edelstahl Tubulars has allotted 6,69,226 equity shares of the company with a face value of Rs. 10/- each at a premium of Rs. 119.33/- per share pursuant to the conversion of 6,69,226 convertible warrants against receipt of the balance subscription amount of 75% of the issue price to WSG CO.
Rajvi Logitrade Rajvi Logitrade announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 March 2026.
Salzer Electron. <P>Salzer Electronics has announced the signing of a Memorandum of Understanding with Wirepas, a gobal leader in wireless mesh integration headquatered in Finland. The partnership will integrate the Wirepas Certified platform into its smart electricity meters, delivering next-generation metering solutions that help utilities operate more efficiently and intelligently. This adoption highlights Salzer's commitment to innovation, interoperability and building resilient energy infrastructure across India. </P> <P>The Wirepas Certified platform allows Salzer meters to form a self-optimizing, collaborative network, automatically adjusting to ensure uninterrupted data flow across urban, rural and mixed infrastructure environments. Utilities benefit from reliable performance without the need for extensive additional infrastructure, enabling smarter energy management at every scale. </P>
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