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CRISIL Revises Corporate Credit Rating of Ideaforge Technology Limited to BBB/Stable Ideaforge Technology Limited has seen its corporate credit rating revised by CRISIL Limited. The credit rating agency reaffirmed the rating at CRISIL BBB and upgraded the outlook from Negative to Stable, according to information received on May 27, 2026.CRISIL Ratings, after careful consideration, adjusted the credit rating for ideaForge Technology Limited. The rating action recorded the revision of the corporate credit rating, with the outlook changing from 'Negative Rating Reaffirmed' to 'Stable'.The updated rating details are presented below:Company NameCredit Rating AgencyFacilities/InstrumentRating ActionideaForge Technology...

TCI Express Reports Steady Growth in Q4 and FY2026, Crossing ₹10 Billion Balance Sheet Milestone Gurugram, India, May 27, 2026: TCI Express Ltd., India's leading express distribution company, announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The company reported significant operational milestones during FY2026, handling more than one million tonnes of cargo and maintaining a debt-free balance sheet. The firm also reached the ₹10 billion balance sheet milestone during the year, underscoring its scale and financial resilience.TCI Express continued its expansion of its multimodal logistics network across Surface, Rail, Domestic Air, International Air, C2C, and E-Commerce segments by...

Lupin's Ankleshwar Facility Receives Establishment Inspection Report (EIR) from U.S. FDA Global pharmaceutical major Lupin Limited announced that it has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (US FDA) for its Ankleshwar facility in Gujarat, India. The report followed the closure of a productspecific Pre-Approval Inspection conducted between March 2 and March 7, 2026.Nilesh Gupta, Managing Director of Lupin, stated that the receipt of the EIR is a significant outcome. He noted that the achievement reflects the company's ongoing commitment to quality excellence and regulatory compliance, reinforcing Lupin's dedication to delivering safe and effective medicines globally...

Suzlon Energy Ltd Notifies of Material Price Movement in Stock Trading Suzlon Energy Ltd noted a Material Price Movement (MPM) in the company's scrip on May 27, 2026.The Material Price Movement was observed on May 27, 2026, specifically at 3:07 p.m. Following the trading activity, Suzlon Energy Limited stated that it could not ascertain any corresponding event or information regarding the stock that was reported in the mainstream media.This notice serves to inform the public and members about the noted price fluctuation in the company's shares.SUZLON Stock Price Movement Suzlon Energy Limited shares edged higher on Wednesday, gaining 5.81% to close at ₹57.53. The equity recorded substantial trading volume, settling at 227.75...

Supriya Lifescience Reports Strong FY26 Performance with Q4 Revenue Growth of 50% Year-over-Year Supriya Lifescience Limited, a cGMP-compliant manufacturer specializing in Active Pharmaceutical Ingredients (APIs), has released its audited financial results for the quarter and year ended March 31, 2026. The company, which operates in more than 120 countries, reported significant year-over-year growth across its key segments, driven by strong demand in therapeutic areas such as antihistamine, anti-allergic, vitamin, anaesthetic, and anti-asthmatic.The company’s financial performance showed robust increases both in the fourth quarter and for the full fiscal year 2026.Key Consolidated Financial Highlights The financial data for the...

CDSCO Grants Marketing Authorization to Wockhardt’s Antibiotic Zaynich® Wockhardt Ltd. announced that the Central Drugs Standard Control Organisation (CDSCO) has granted marketing authorization for the import and sale of its antibiotic, Zaynich ® (Zidebactam/Cefepime). The breakthrough drug is designed for the treatment of complicated urinary tract infections (cUTI), including pyelonephritis, and cases involving concurrent Gram-negative bacteremia in adult patients (≥18 years).The approval recognizes Zaynich ® as an indigenously discovered and developed, first-in-class antibiotic.Strong Clinical Efficacy Demonstrated in Phase 3 Trial The regulatory approval is supported by outcomes from the pivotal ENHANCE-1 study (NCT04979806)...

Crisil Ratings Maintained Watch Negative Status for MTNL Bonds Amid Structured Payment Monitoring Mahanagar Telephone Nigam Ltd (MTNL), a Government of India Enterprise, has received a rating rationale from Crisil Ratings Limited. Crisil Ratings has maintained the rating on MTNL’s bonds and non-convertible debentures (NCDs) at 'Rating Watch with Negative Implications.'The rating action covers a bond issuance of Rs. 6500 Crore and Non-Convertible Debentures (NCDs) of Rs. 20 Crore. For both instruments, Crisil has assigned a rating of AAA (CE), while simultaneously placing the company on 'Rating Watch with Negative Implications.'Rating Status and Structure The rating for MTNL's bonds and NCDs is based on the strength of the...

Sadbhav Infrastructure Project Limited Appoints Key Managerial Personnel for Corporate Disclosures Sadbhav Infrastructure Project Limited has updated its list of authorized Directors and Key Managerial Personnel (KMPs) responsible for determining the materiality of corporate events and making disclosures to stock exchanges. The updates include the designation of Mr. Kaivan Vora as the Chief Financial Officer (CFO).The company designated the following personnel for different functions related to corporate governance and disclosure:Authorized Personnel for Corporate Disclosures Sadbhav Infrastructure Project Limited designated the following individuals to determine the materiality of an event or information and for making disclosures...

MTNL Levied Fines of Rs. 5,31,000 by NSE and BSE Over Board Composition Non-Compliance Mahanagar Telephone Nigam Ltd (MTNL), a Government of India Enterprise, has received notices from both the National Stock Exchange (NSE) and BSE regarding non-compliance with certain listing regulations pertaining to the composition of its Board.The notices highlighted non-compliance with the provisions of Regulation 17(1) of the SEBI (LODR) Regulations, 2015. As a result, both exchanges imposed fines on MTNL.The total fines levied by both exchanges amount to Rs. 5,31,000 each. The fine structure includes:Basic fines amounting to Rs. 4,50,000. GST @18% amounting to Rs. 81,000.Regulatory Fines SummaryExchangeRegulation CitedTotal Fine...

Sadbhav Infrastructure Project Board Addresses Non-Compliance, Plans Director Appointment Sadbhav Infrastructure Project Limited held a Board of Directors meeting on May 27, 2026, to address matters pertaining to the composition of its Board and associated compliance requirements. The meeting focused specifically on non-compliance issues and corresponding fines levied by the stock exchanges.During the session, the Board discussed the matter of non-compliance with requirements related to the composition of the Board of Directors. The company acknowledged the fines imposed by both the National Stock Exchange of India Ltd. (NSE) and the Bombay Stock Exchange (BSE) concerning this lapse.Following the discussion, the Board determined...

Tejas Cargo India Limited Approves Annual Financial Results and Board Appointments Tejas Cargo India Limited announced several significant board resolutions and financial results following its board meeting held on Wednesday, May 27, 2026. The board approved the audited standalone and consolidated financial results for the year ended March 31, 2026, along with comparative financials for the half year ended on the same date.The company also formalized key appointments, including the re-appointment of its Internal Auditor and the appointment of a Secretarial Auditor for the ensuing financial year.Financial Reporting and Audit Findings The Board of Directors approved the Annual Audited Financial Statements (Standalone and Consolidated)...

IRCTC Receives Fines from BSE and NSE Over Board Composition Non-Compliance Indian Railway Catering And Tourism Corporation Limited (IRCTC) has received notices from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) regarding fines imposed for non-compliance with listing regulations. The penalties relate to the composition of the Board of Directors for the quarter ending March 31, 2026.The notices, dated May 27, 2026, concern non-compliance with the provisions related to the Board of Directors, specifically citing the failure to appoint a woman director.The fines were issued for the quarter ended March 31, 2026. The financial penalty details are as follows:ParameterPeriod of Non-ComplianceFine...

MM Forgings Limited Reports FY26 Performance, Highlights Domestic Sales Growth and Green Energy Transition MM Forgings Limited has released its performance update for the financial year 2026, detailing the company’s operational stability and strategic growth initiatives amidst a mixed global economic environment. The company reported significant sales growth in key segments and outlined its commitment to achieving 100% sustainable power consumption.During the fiscal year 2026, the company achieved substantial financial milestones. According to the performance highlights, Total Revenue for FY26 stood at ₹1,570Cr, with EBITDA reaching ₹300.37Cr. This marks the third consecutive year the company has crossed the ₹1,500Cr Total Revenue and...

Tipco Engineering India Ltd Reports Strong Financial Performance for H2 FY26 and FY26 Haryana - May 26, 2026 - Tipco Engineering India Limited, an integrated manufacturer of industrial process equipment, has released its audited financial results for the second half (H2) and the full fiscal year (FY) 2026. The company reported significant growth across its key financial metrics, with Net Profit increasing by 157.03% for H2 FY26 and EBITDA surging 133.59% over the same period last year.Financial Performance Highlights The company’s performance, covering H2 FY26 and the full FY26, shows robust year-over-year growth in both revenues and profitability. The key financial figures for Tipco Engineering India Limited are presented below...

Sadbhav Infrastructure Project Approves FY Results and Appoints New Chief Financial Officer Sadbhav Infrastructure Project Limited announced significant board decisions following a meeting held on May 27, 2026. During the meeting, the Board of Directors approved the company's standalone and consolidated audited financial results for the quarter and the year ended March 31, 2026.In connection with the financial performance, the Board noted that the Auditors' Report on the standalone and consolidated audited financial results contained a modified opinion regarding the figures for the quarter and year ended March 31, 2026. The company issued a statement detailing the impact of this audit qualification.Key Management Appointment...

Algoquant Fintech Limited Announces Audited Standalone and Consolidated Financial Results for FY 2026 Algoquant Fintech Limited has announced its audited standalone and consolidated financial results for the quarter and the full financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 27, 2026.In the consolidated financial results, the Group reported a Total comprehensive income of 3,346.72 rupees lakh for the year ended March 31, 2026, compared to 3,202.28 rupees lakh for the prior year.Financial Highlights (All figures are in rupees lakh, except share data) The financial results for the period ending March 31, 2026, are detailed below, covering Standalone and Consolidated...

Sadbhav Infrastructure Approves FY2026 Financial Results; Appoints CFO Sadbhav Infrastructure Project Limited (SIPL) announced the approval of its standalone and consolidated audited Financial Results for the quarter and year ended March 31, 2026. In addition to reviewing the financial performance, the company's Board of Directors also approved the appointment of a new Chief Financial Officer (CFO) effective May 27, 2026.The Board meeting was held on Wednesday, May 27, 2026, where the company considered and adopted the audited financial results for the fiscal period.Key Management Appointment On the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Kaivan Vora as the Chief...

IntraSoft Technologies Reports Strong Q4 and Full Year Results for FY 2025 - 2026 IntraSoft Technologies Limited announced its financial results for the Quarter and Financial Year ending March 31, 2026. The company reported key performance metrics for the quarter and the full fiscal year, highlighting growth in revenue and profit after tax.The results indicate a robust performance for the quarter. Revenue for the quarter reached ₹ 136.05 Cr., an increase compared to the ₹ 130.04 Cr. recorded in the corresponding quarter. Profit after Tax for the quarter stood at ₹ 3.15 Cr., compared to ₹ 2.35 Cr. in the previous year's quarter.For the full financial year 2025 - 2026, IntraSoft Technologies reported total revenue of ₹ 534.22 Cr...

Supriya Lifescience Limited Approves FY26 Results and Recommends Final Dividend Supriya Lifescience Limited announced the outcome of its Board of Directors meeting held on May 27, 2026. The Board reviewed and approved the audited financial results for the Quarter and the full year ended March 31, 2026. Furthermore, the Directors recommended a final dividend, subject to shareholder approval at the ensuing Annual General Meeting.The company's financial reports provided comprehensive data on performance, balance sheet positions, and cash generation for the fiscal year 2026 compared to 2025.Dividend Recommendation At the board meeting on May 27, 2026, the Directors recommended a final dividend of Re. 1.00 (Rupee 1.00) per equity share...

DCX Systems Limited Announces Audited Financial Results for Fiscal Year 2026 DCX Systems Limited confirmed the approval of its audited financial results and annual financial statements for the fiscal year ended March 31, 2026, following its Board of Directors meeting on May 27, 2026. The Board also formalized the appointment of a new internal audit firm.The company confirmed that its Statutory Auditors issued an audit report with an unmodified opinion on the audited financial results for both the standalone and consolidated entities for the quarter and year ended March 31, 2026.Key Board Approvals and Operational Updates During the board meeting, the Directors approved the audited financial results (both standalone and consolidated)...