Markets

Brigade Group Signs JDA for ₹ 850 Crore Premium Residential Project in Hyderabad Brigade Group has announced the signing of a Joint Development Agreement (JDA) to develop a premium residential project in Kompally, Hyderabad. The development spans 5.6 acres and is set to create a landmark residential community in the city's high-growth corridor.The new residential project is estimated to have a potential revenue of ₹ 850 crores. The development is aimed at addressing the increasing demand for high-quality, sustainable, and modern living spaces in North Hyderabad.Executive Director, Brigade Enterprises Limited, Amar Mysore, commented on the expansion, stating that Hyderabad remains a vital growth market for Brigade. He noted that the...

Shipping Corporation of India Land and Assets Faces Fines for Non-Compliance with Listing Regulations Shipping Corporation of India Land and Assets Limited (SCILAL), a Public Sector Undertaking, has issued comments regarding fines levied by the National Stock Exchange of India Limited (NSE) and BSE Limited for non-compliance with listing requirements.The board placed the matter before its directors at a meeting on May 5, 2026, taking note of the notices from both stock exchanges.Details of Fines and Non-ComplianceAccording to the board, NSE and BSE each issued notices levying a fine amounting to Rs. 9,77,040/- (inclusive of 18% GST). These fines relate to non-compliance with requirements specified under SEBI (LODR) Regulations...

Amara Raja Energy & Mobility Announces Financial Results and Recommends Final Dividend Amara Raja Energy & Mobility Limited, formerly known as Amara Raja Batteries Limited, announced the results of its Board of Directors meeting held on May 25, 2026. The Board approved the audited standalone and consolidated financial results for the Quarter and Year ended March 31, 2026.During the meeting, the Board recommended a final dividend of ₹ 5.20 per equity share. This represents a 520% dividend rate for the financial year 2025-26. This final dividend is in addition to the Interim Dividend of ₹ 5.40 per Equity Share (representing 540%) that was declared on November 06, 2025. The total dividend for the financial year 2025-26 amounts to ₹ 10.60...

ABFRL Reports 16% Revenue Growth in Q4FY26, Driven by Pantaloons and TMRW Performance Aditya Birla Fashion and Retail Limited (ABFRL) announced the approval of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, by its Board of Directors. The company reported robust growth across key segments, highlighted by a 16% year-over-year revenue increase in Q4 FY26.Financial Performance Overview The company’s financial results for the quarter and full year are detailed below. These financials are post factoring necessary adjustments under Ind AS.ABFRL Financials - Quarter 4 (Q4 FY26)In Rs. Cr.Q4 FY25 Comparable*Q4 FY26 ReportedGrowth% (vs. LY)Revenue1719199016%EBITDA19931157%...

Divgi TorqTransfer Systems Approves US Subsidiary and Announces Financial Results Divgi TorqTransfer Systems Limited, the company, reported several key corporate approvals following its Board of Directors meeting held on May 25, 2026. The Board approved the audited financial statements for the quarter and the financial year ended March 31, 2026, along with the recommendation of a final dividend. Furthermore, the Board approved plans for the incorporation of a Wholly Owned Subsidiary (WOS) in the United States of America.Financial Results and Dividend Recommendation The Board of Directors approved the Audited Financial Statements for the quarter and financial year ended March 31, 2026, alongside the Internal Audit report for the same...

Rajputana Stainless Limited Announces FY2026 Financial Results and Recommends Dividend Rajputana Stainless Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Company's Board of Directors reviewed the financial outcomes and recommended a final dividend to its shareholders.The Company, which is primarily engaged in the manufacturing of long and flat stainless steel products, including billets, forging ingots, rolled black bar, and rolled bright bar, confirms that the statutory audit report for the period contains no qualifications or adverse remarks, carrying an unmodified opinion.During the board meeting held on May 25, 2026, the directors approved the final dividend recommendation...

Pasupati Acrylon Announces Rs. 25 Crore Expansion Plan and Presents Audited Financial Results Pasupati Acrylon Limited announced the outcome of its Board meeting held on May 25, 2026, confirming the approval of audited financial results for the quarter and the full year ended March 31, 2026.The company also detailed its plans for significant capacity enhancement, alongside reviewing its financial performance and operational structure.Strategic and Corporate Updates The Board of Directors approved the audited financial results for the quarter and the full year ended March 31, 2026. The company also approved the audited financial statements for the financial year ended March 31, 2026.Key corporate actions approved by the board...

GVP Infotech Limited Board Approves Final Dividend and FY 2026 Audited Results GVP Infotech Limited, formerly known as Fourth Dimension Solutions Ltd, announced significant outcomes following its Board of Directors meeting held on May 25, 2026. The board approved the audited financial results for the financial year ended March 31, 2026, and recommended a final dividend to its shareholders.The Board of Directors meeting commenced at 4:10 P.M. and concluded at 06:30 P.M.Financial Results Approved During the meeting, the board approved the standalone audited financial results for the quarter ended and the financial year ended (Audited) on March 31, 2026. The approval included the Statement of Assets and Liabilities, and the Cash Flow...

Enfuse Solutions Limited Announces Audited Financial Results for FY 2026 Enfuse Solutions Limited announced on May 25, 2026, that its Board of Directors approved and recorded the audited Financial Statements, including Notes and the Auditor's Report, for the Financial Year ended March 31, 2026. The company, which operates exclusively in the IT & ITES Services sector, presented both standalone and consolidated financial results, along with Balance Sheet and Cash Flow Statements.Financial Results Overview The audited financial results show key performance indicators for the half years ended March 31, 2026, and March 31, 2025, alongside the full years.Standalone Financial Results The following table summarizes the standalone results...

Atam Valves Reports Financial Results for FY26, Highlights Operational Strength and API Certification Atam Valves Limited, an established Indian manufacturer and exporter of industrial valves, fittings, and boiler mountings, has announced its financial performance for the fourth quarter (Q4) and the full fiscal year (FY) 2025-26. The company reported revenue from operations of 34,729 Lakhs and a Profit After Tax (PAT) of 3,241.52 Lakhs for the fiscal year.Financial Performance Summary The company released a comprehensive financial summary detailing key metrics across multiple periods. The results show significant figures for the period ending in March, 2026.The following table summarizes the financial data provided by Atam Valves...

Nikita Greentech Recycling Utilizes Full IPO Proceeds of Rs. 6,754.18 Lakh Nikita Greentech Recycling Limited, formerly known as Nikita Papers Limited, has confirmed the full utilization of proceeds raised through its Initial Public Offer (IPO). The company announced the utilization status on May 25, 2026, following an examination by the Statutory Auditors.The audit confirmation pertains to the utilization of funds for the half year and the financial year ended March 31, 2026. M/s. Mittal Goel & Associates, Chartered Accountants, issued the certificate confirming that the total IPO proceeds amounted to Rs. 6,754.18 Lakh.According to the statutory certificate, the entire amount has been fully utilized by the company toward the...

IFB Industries Limited Appoints Cost Auditor and Re-constitutes Key Committees IFB Industries Limited announced several key corporate actions following its Board of Directors meeting held on May 25, 2026. The Board approved the appointment of a Cost Auditor for the 2026-27 financial year and re-constituted two important governance committees: the Risk Management Committee and the Project Review Committee.Cost Auditor Appointment The Board considered and approved the appointment of M/s. Mani & Co., Cost Accountants (Firm Registration No. 000004) as the Cost Auditor for the company for the Financial Year 2026-27.The approved remuneration for the appointment is ₹ 9 lakhs (excluding taxes and out of pocket expenses), though this...

Aakaar Medical Technologies Approves Capital Increase and New Employee Stock Option Plan Aakaar Medical Technologies Limited, which was previously known as Aakaar Medical Technologies Pvt.Ltd., announced key corporate actions approved by its Board of Directors on May 25, 2026. The board approved both an increase in the company’s Authorized Share Capital and established a new Employee Stock Option Plan for its employees.The Board of Directors considered and approved the plan for the Aakaar Medical Technologies Employee Stock Option Plan - 2026, alongside increasing the company’s authorized share capital.Capital Structure Update The company announced an increase in its Authorized Share Capital. Previously, the capital was Rs...

Tracxn Technologies Board Approves FY 2026 Financial Results and Key Appointments Tracxn Technologies Limited announced several corporate governance and financial updates following its Board of Directors meeting on May 25, 2026. The Board approved the audited financial results for the quarter and year ended March 31, 2026, and formalized the re-appointment of the Internal Auditor, the appointment of the Statutory Auditor, and the addition of a new Non-Executive Independent Director.Financial Performance and Audits The Company released its audited financial results, including the Statement of Assets and Liabilities as of March 31, 2026, and the Statement of Cash Flows for the year ended March 31, 2026.According to the Statement of...

Master Components Limited Places Purchase Order for 7 Robots for New Electrical Machines Master Components Limited has finalized a major procurement order for specialized equipment, placing a Purchase Order (PO) for the supply of seven robots. These robots are designated for new electrical machines recently acquired from Japan.The PO award was made to a domestic company. The total consideration for the order is approximately INR 38,49,300/-, excluding tax.The nature of the contract involves the supply of robots intended for the operation of new electrical machines sourced from Japan. The transaction is confirmed as neither a related party transaction nor does it involve international entities.The deal carries specific terms...

Techno Electric Approves FY 2025-26 Results and Recommends Final Dividend of Rs. 7 Techno Electric & Engineering Company Limited announced that its Board of Directors held a meeting on May 25, 2026. During the meeting, the company approved and took on record the Audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026.The board meeting also approved the Annual Accounts of the Company for the year ended March 31, 2026. Furthermore, the board recommended a Final Dividend for the financial year 2025-26 at a rate of Rs. 7 per Equity share, which has a face value of Rs. 2 per share.Financial Highlights and Auditor Confirmation The company's financial statements for the year ended March 31, 2026...

JSW Energy Limited Approves Allocation of Equity Shares Following Qualified Institutions Placement JSW Energy Limited announced the successful closure and allocation of equity shares to eligible qualified institutional buyers. This update was made following the company's Finance Committee meeting held on May 25, 2026.The Board’s resolution covered the completion of the capital issue, which involved the placement of equity shares to qualified institutions. The resolutions confirmed the receipt of application forms and necessary funds in the escrow account from the eligible qualified institutional buyers, thereby enabling the closure of the Issue on May 25, 2026.The Finance Committee approved the allocation of 7,61,90,476 Equity...

Royal Orchid Hotels Approves Q4 and FY24 Results Amid Audit Qualifications Royal Orchid Hotels Limited announced the approval of its Audited Standalone and Consolidated Financial Results for the fourth quarter and year ended March 31, 2026. The Board of Directors approved the results on May 25, 2026. The announcement also included a statement detailing the impact of audit qualifications related to ongoing litigation.Standalone Financial Performance The Standalone financial statement data for the year ended March 31, 2026, showed Total income of 21,289.77 and Total Expenditure of 18,701.19. The Net Profit After Tax was reported at 3,408.28, resulting in Earnings Per Share of 12.43. The company’s Net Worth stood at 27,754.89, while...

Gajanand International Limited Approves Audited Half-Year and Year-End Financial Statements for FY26 Gajanand International Limited, formerly Gajanand Cottex Private Limited, held its Board of Directors meeting on May 25, 2026. During the meeting, the Board considered and approved the audited standalone Financial Statement for the Half Year and the full year ended March 31, 2026.Key operational and governance decisions made by the Board included the re-appointment of Mrs. Sweta Yash Khokhariya as the company's Internal Auditor for the Financial Year 2026-27.The company also released its Statutory Auditor's Report, issued by M/s. H.B. Kalaria & Associates, Chartered Accountants. This report confirms that the standalone financial...

Beta Drugs Limited Completes Acquisition of Shares in Nivian Lifesciences Private Limited Beta Drugs Limited has completed the acquisition of its stake in Nivian Life Sciences Private Limited through share transfers spanning April and May 2026. The company confirmed the acquisition of 10,94,535 Equity Shares, representing 66.09% of the equity share capital of Nivian Life Sciences Private Limited.The acquisition process reached key milestones with the transfer of shares constituting 64.26% of the equity share capital to the Company on or before April 30, 2026. The remaining shares were subsequently transferred into the name of Beta Drugs Limited on May 22, 2026.Following the successful completion of the share transfers, Nivian Life...