Markets

Bank of Baroda Representatives to Attend Citi India Conference 2026 Bank of Baroda representatives are scheduled to attend the Citi India Conference 2026. The in-person meeting is set for June 4, 2026, running from 3:00 pm to 6:00 pm.The conference is expected to host a focused discussion with a diverse group of institutional investors.According to the details provided, the tentative list of investors participating in the event includes major domestic and international asset management firms.Marshall Wace Asset Management - UKEdelweiss Fin Services Ltd.HDFC Mutual FundIDFC Asset Management Co. Pvt. Ltd.Axis Asset Management Co. Ltd.Invesco AsiaBharti AXA Inv Mgrs Pvt. Ltd.Motilal Oswal Asset Management Co. Ltd.Canara...

Mahamaya Steel Industries Approves Annual and Quarterly Financial Results for March 2026 Mahamaya Steel Industries Limited announced that its Board of Directors met on May 26, 2026, approving the audited standalone and consolidated financial results, along with the statements of assets and liabilities and cash flow statements, for the quarter and the year ended March 31, 2026.During the meeting, the Board also considered and approved the statutory auditors' report for the year ended March 31, 2026.The Board further approved key corporate appointments for the Financial Year 2026-27. M/s Sanat Joshi & Associates was approved as the Cost Auditor, and Mr. Subhash Rao was approved as the Internal Auditor.Financial Results Summary (Rs...

#Black Box Limited Approves FY26 Financial Results, Recommends Dividend, and Boosts Capital Via ESOPsBlack Box Limited announced the key outcomes of its Board of Directors meeting held on May 26, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The meeting also saw the company recommend a final dividend for the financial year 2025-26 and approve strategic plans for capital raising.The Board of Directors also re-appointed M/s. RMJ & Associates LLP, Chartered Accountants, as the Internal Auditor for the financial year 2026-27.Financial Results and Capital Structure Changes The Board considered and approved the Audited Financial Results (Standalone and...

Responsive Industries Limited Approves FY26 Results, Recommends 10% Dividend Responsive Industries Limited announced the outcome of its Board Meeting held on Tuesday, May 26, 2026, confirming the approval of its Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.The Board of Directors at the meeting on May 26, 2026, recommended a final dividend of Re. 0.10 (Rupee Ten paisa only) per equity share, representing a 10% dividend on the face value of Re. 1 per share, for the financial year ended March 31, 2026. This dividend recommendation is subject to the final approval of the shareholders at the ensuing Annual General Meeting of the Company.Financial Highlights The financial...

Maxposure Limited Announces Audited Standalone and Consolidated Financial Results for FY2026 Maxposure Limited announced the results of its Board of Directors meeting held on May 26, 2026. The Board considered, approved, and noted the audited standalone and consolidated financial results for the half year and the full financial year ended March 31, 2026.The company confirmed that M/s Manish Pandey & Associates, Chartered Accountants, issued their Audit Report with an unmodified opinion on the Audited Financial Results (Standalone and Consolidated) for the half year and full financial year ended March 31, 2026.Furthermore, the Board approved the re-appointment of M/s Arun K Agarwal & Associates, Chartered Accountants, as the Internal...

iWare Supplychain Services Announces Revised Audited Financial Results for the Year Ended March 31, 2026 iWare Supplychain Services Limited (formerly known as /Ware Supplychain Services Private Limited) has released its revised audited financial results for the year ended March 31, 2026. The company confirms that the revision involves purely presentation adjustments, and there is no impact on the total assets, total liabilities, or the profit or loss of the entity.The revision was necessitated due to the regrouping and reclassification of certain balances between short-term and long-term borrowings or liabilities and provisions, along with related items in the Cash Flow Statement. This adjustment was made to ensure better presentation...

Transport Corporation of India Announces Audited Financial Results and Recommends Final Dividend Transport Corporation of India Limited announced its audited financial results for the 4th Quarter and Financial Year ended March 31, 2026, following a Board meeting held on May 26, 2026. During the meeting, the Board also approved the appointment of a Compliance Officer and the grant of a tranche of employee stock options.The Company’s financial performance was detailed across both standalone and consolidated results.Key Financial Results and Corporate Approvals The Board of Directors approved the audited Standalone and Consolidated Financial Results for the 4th Quarter/Financial Year ended March 31, 2026.In terms of corporate action...

Yuken India Limited Announces Financial Results and Recommends Dividend for FY 2026 Yuken India Limited, a manufacturer of oil hydraulic equipment in collaboration with Yuken Kogyo Co. Ltd., Japan, announced the outcomes of its Board of Directors meeting held on May 26, 2026. During the meeting, the company reviewed and approved the standalone and consolidated audited financial results for the quarter and the full financial year ended March 31, 2026.The Board also recommended a final dividend of Rs. 1.50/- per Equity Share, based on the financial year ended March 31, 2026, subject to subsequent approval by the shareholders at the Annual General Meeting.In addition to the financial review, the Board sanctioned the re-appointment of...

Jubilant Ingrevia Board Recommends Rs. 2.50 Dividend, Approves Cost Auditor Re-appointment Jubilant Ingrevia Limited announced key corporate decisions following its Board of Directors meeting held on May 26, 2026. The Board recommended a final dividend payout and approved the re-appointment of cost auditors for the upcoming financial year.In a significant move for its shareholders, the Board of Directors recommended a final dividend of Rs. 2.50 per equity share of Re. 1 each. This dividend recommendation reflects 250% of the company's earnings for the financial year ended March 31, 2026. The payment of this dividend, contingent upon shareholder approval, is expected to be dispatched within 30 days from the date of the Annual General...

Marksans Pharma Reports Strong Financial Results for FY26, Achieving Historic Revenue and PAT Marksans Pharma Ltd. announced its financial results for the quarter and full year ending March 31, 2026. The company reported significant growth across key metrics, with the Managing Director highlighting milestone performance in revenue, EBITDA, and profit after tax (PAT).Mark Saldanha, Managing Director of the Company, stated that Fiscal Year 2026 was a milestone year, achieving total income of approximately ₹3,033 crore, EBITDA of ₹601 crore (a margin of 20.4%), and an all-time high PAT of ₹420 crore.The growth was attributed to several factors, including new launches across various markets, a strong recovery in the UK in Q4, and the...

Jubilant Ingrevia Achieves 12% YoY Revenue Growth in Q4'FY26; Strong Performance Driven by Specialty Chemicals Jubilant Ingrevia Limited announced its financial results for the quarter and financial year ended March 31, 2026. The company reported a robust performance in Q4, with Total Revenue growing 12% Year-over-Year (YoY) and EBITDA increasing 11% YoY, driven by strong execution across its core segments.Management highlighted that the company effectively handled the Middle East crisis throughout the quarter, reporting zero production loss and no force majeure events. Key operational achievements included successful dispatch from the newly constructed Agro CDMO facility and the acceleration of the Human Nutrition business following...

Go Digit General Insurance Receives Show Cause Notice from GST Authority Regarding Input Tax Credit Go Digit General Insurance Limited has received a Show Cause Notice (SCN) from the Directorate General of GST Intelligence (DGGI), a wing of the GST Authority, concerning the alleged ineligible availment of Input Tax Credit (ITC).The notice, received on May 25, 2026, was issued under Section 74(1) of the Central Goods and Services Tax Act, 2017 (CGST Act). The SCN alleges an ineligible ITC amounting to Rs. 20,51,00,281, pertaining to the period spanning September 2022 to March 2024.The notice requires the company to show cause as to why a demand, interest, and penalty should not be confirmed against it.Details of the Demand The...

One Mobikwik Receives In-Principle Authorization to Operate as Physical Payment Aggregator from RBI One Mobikwik Systems Limited announced that the Reserve Bank of India (RBI) has granted an in-principle authorization to the company. This approval allows the entity to operate as a Payment Aggregator - Physical under the Payment and Settlement Systems Act, 2007.The authorization significantly boosts the company's operational scope, providing the capacity to pursue business expansion in the offline merchant business sector.Key details regarding the regulatory approval received by One Mobikwik Systems Limited include:DetailDescriptionRegulatory AuthorityThe Reserve Bank of IndiaAuthorization GrantedIn-Principle authorisation...

Ushanti Colour Chem Limited Board Approves Migration to NSE Main Board; Outlines Postal Ballot Process Ushanti Colour Chem Limited announced outcomes from its Board Meeting held on May 26, 2026. During the meeting, the Board of Directors considered and approved key corporate actions, primarily concerning the migration of the company's securities to the National Stock Exchange (NSE) Main Board.The central resolution passed by the Board authorized the migration and listing of the company's equity shares from the 'SME Emerge Platform' to the 'Main Board' of the National Stock Exchange. This move is subject to the necessary approval of the company's shareholders, the NSE, and all concerned parties. The Board also authorized the company to...

Liberty Shoes Limited Approves Audited Financial Results for FY 2026 Liberty Shoes Limited announced on May 26, 2026, the approval of its Audited Financial Results for the 4th Quarter and the full financial year ended March 31, 2026, following a meeting of the Board of Directors.The Board of Directors approved the results, which were accompanied by an unmodified opinion from the Statutory Auditors.Financial Performance Review The detailed financial statements provide a comparison of the performance for the year ended March 31, 2026, against the corresponding year of 2025.The audited statements of profit and loss for the Financial Year ended March 31, 2026, show key operational figures as follows:ParticularsYear ended 31st...

Alankit Limited Releases Audited Financial Results for Quarter and Year Ended March 31, 2026 Alankit Limited announced the Board of Directors' approval of the audited standalone and consolidated financial results and financial statements for the quarter and year ended March 31, 2026. The results provide a comprehensive view of the company's operational performance and financial position across its various segments.The financial statements, which detail the performance across the full financial year and the quarter ending March 31, 2026, cover the reporting periods for the quarter ended March 31, 2026; the quarter ended December 31, 2025; the year ended March 31, 26; and the year ended March 31, 25.Financial Performance Overview (In...

RBI Stabilizes USD/INR Rate: Analyzing Key Outcomes of May 26 Swap Auction The Reserve Bank of India (RBI) conducted a USD/INR Buy/Sell Swap auction on May 26, 2026, setting a key benchmark for currency stability. The auction was held for a notified amount of USD 5 billion, signaling the central bank's continued role in managing foreign exchange liquidity.The auction results provide critical insights into market sentiment and the level of demand for US Dollars among financial participants. Analyzing the total bids, acceptance levels, and weighted average premium gives a clear picture of the prevailing currency dynamics.Key Outcomes from the May 26 USD/INR Swap Auction The RBI announced the results of the auction, detailing the...

Union Bank of India Board Approves Capital Plan to Raise Up to ₹ 8,000 Crore Union Bank of India announced that its Board of Directors, in a meeting held on May 26, 2026, approved a comprehensive capital plan aimed at raising capital through various instruments. The capital plan allows the bank to raise funds up to a total of ₹ 8,000 crore.The Board meeting, which commenced at 11:00 A.M. and concluded at 2:00 P.M., outlined the structure for the capital infusion, which is divided into two primary components: equity capital and debt capital.The approved plan details the following fundraising limits and structures:Capital ComponentMaximum AmountDetails/SourcesEquity CapitalNot exceeding ₹ 3,000 CroreTo be raised through Public...

Marico Launches Parachute Advansed Protein Shampoo, Entering Hair Cleansing Segment Marico Limited, one of India's leading Fast-Moving Consumer Goods (FMCG) companies, has launched Parachute Advansed Protein Shampoo, marking a significant expansion into the hair cleansing category and strengthening the brand’s overall presence in the personal care segment. The new Protein Shampoo range emphasizes the proven goodness of coconut milk and natural ingredients, reinforcing the company's innovation-led growth strategy.The launch deepens Parachute Advansed's strong hair equity by bringing its established coconut milk brand identity into a pure hair cleansing format.Ashish Goupal, CEO - India Core Business, Marico Limited, stated that this...

Shekhawati Industries Limited Acquires Land Parcel in Karjat to Fuel Business Expansion Shekhawati Industries Limited announced the acquisition of an additional parcel of land located in Karjat, Maharashtra, intended for the expansion of its business operations.The purchase strategically strengthens the company's presence within the rapidly evolving Karjat growth corridor. This region is increasingly noted as a vital component of the 'Mumbai 3.0' development vision.The area around Karjat is undergoing significant infrastructure-led transformation. This development is supported by enhanced regional connectivity, including the upcoming Panvel-Karjat suburban railway corridor, its proximity to the Navi Mumbai International Airport, and...