Markets

CRISIL Assigns Credit Rating to Vodafone Idea Limited for Bank Facilities Vodafone Idea Limited received a credit rating assignment from CRISIL Ratings Limited on May 25, 2026. The rating pertains to the company's bank facilities.In an announcement detailing the assessment, CRISIL Ratings Limited assigned a credit rating to Vodafone Idea Limited. The rating provided was CRISIL A - / Stable for the Bank Facilities instrument.The key financial details regarding the rating assignment are presented below:Instrument / FacilityAmountRatingRating ActionBank FacilitiesRs. 35,000 CroreCRISIL A - / StableAssignedThe rating was issued by CRISIL Ratings Limited via a release dated May 25, 2026.IDEA Stock Price Movement As of 10:02...

Rishi Laser Ltd Board Meeting Scheduled to Approve FY2026 Financial Results Rishi Laser Ltd has announced that its Board of Directors meeting is scheduled for Thursday, May 28, 2026, at 02:00 p.m. The meeting is convened to consider, approve, and formally take on record the Audited Financial Results of the Company for the quarter and the full year ended March 31, 2026. The board will also address any other matter with the permission of the chairperson.Separately, the company confirmed that it has closed the trading window under the SEBI (Prohibition of Insider Trading) Regulations, 2015. This window was closed effective from April 1, 2026, and remains closed until 48 hours following the dissemination of the Audited Financial Results...

Kitex Garments Ltd Board Meeting Scheduled for May 29, 2026, to Review Financial Results Kitex Garments Limited announced that its Board of Directors meeting is scheduled for Friday, May 29, 2026. The meeting is set to address key financial aspects for the company.The agenda for the Board meeting includes two primary items:Considering and approving the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2026. Considering and recommending a final dividend, if any, on the equity shares of the Company for the financial year ended March 31, 2026.In addition to the board review, the company also provided an update regarding its trading window. The trading window for dealing in...

Puravankara Secures 14.57-Acre Land Parcel in Mandur, Bengaluru, with GDV of Rs 2,300 Crore Bengaluru, May 25, 2026: Puravankara Limited, a major real estate developer in India, has acquired a 14.57-acre land parcel in Mandur, Budigere, Bengaluru. The land parcel carries a potential Gross Development Value (GDV) of approximately Rs 2,300 crore.The acquisition comprises two parts: 7.92 acres are part of a joint development agreement (JDA), while an additional 6.65 acres have been purchased outright by Puravankara. The total saleable area anticipated for the entire project is approximately 1.8 million square feet (msft).Ashish Puravankara, Managing Director of Puravankara Limited, stated that this deal is part of the company's...

Faze Three Reports 33% YoY Revenue Growth, Highlighting Strong Capacity and China+1 Tailwind Faze Three Limited announced its financial results for the quarter and financial year ended March 31, 2026. The company reported a 33% Year-on-Year (YoY) Total Income of 932.8 INR Crs for FY26. Operationally, the company highlighted its strong capacity, robust client relationships, and significant structural tailwinds benefiting its position in the Technical and Home Textiles sector.Financial Highlights for FY26 For the fiscal year 2026, the company's financial trajectory showed significant growth, supported by an operating leverage advantage.The consolidated P&L summary for the annual period is detailed below:ParticularsFY26 (INR...

Park Medi World Acquires The Medicity Hospital, Expanding North India Healthcare Network Park Medi World Limited has announced the acquisition of The Medicity Hospital in Rudrapur, Uttarakhand, marking a significant expansion for the Park Group. The transaction involves acquiring 100% of the outstanding shareholding of The Medicity Hospital in an all-cash deal valued at approximately ₹ 177 Crore.The acquisition strengthens Park Group's presence, establishing the company's foothold in Uttarakhand and expanding its operations into a sixth state.Transaction and Acquisition Details The Medicity Hospital, Rudrapur, is a well-established multi-super specialty healthcare institution. The facility has a total capacity of 330 beds and spans...

Sahasra Semiconductors Announces Changes in Directorship, Welcoming Mr. Vikram Manubhai Desai Sahasra Electronic Solutions Limited announced changes in the directorship of its subsidiary, Sahasra Semiconductors Private Limited. The company reported the resignation of a non-executive director and the appointment of a new additional non-executive director, effective May 23, 2026.Mrs. Smita Vikram Desai resigned from her position as a non-executive director of Sahasra Semiconductors Private Limited. The resignation was submitted due to personal and health reasons.In place of the change, Mr. Vikram Manubhai Desai was appointed as an Additional Non-Executive Director. Mr. Desai's appointment is effective from May 23, 2026, and his tenure...

Max Healthcare Institute Limited Applies for Re-classification of Radiant Life Care Hospital Foundation Status Max Healthcare Institute Limited announced an update regarding the re-classification of Radiant Life Care Hospital Foundation (RLCHF). The institution, formerly known as 'Radiant Life Care Foundation,' is seeking a change in its classification status from 'Promoter Group' to 'Public' category.The company confirmed that this development follows earlier intimations provided on May 13, 2026, and May 21, 2026, which detailed the receipt of the request and subsequent approval from the Board of Directors for this re-classification.On May 24, 2026, Max Healthcare Institute Limited submitted an application to the stock exchanges...

7Seas Entertainment Ltd. Board Meeting Scheduled for May 29, 2026, to Review Financial Results 7Seas Entertainment Limited has scheduled a meeting of its Board of Directors for Friday, May 29, 2026. The meeting is set to take place at the company's Registered Office located at 5th Floor, Plot No. 92, 93 & 94, Kavuri Hills, Madhapur, Hyderabad, Telangana -500034.The primary purpose of the Board meeting is to consider and approve critical operational and financial matters for the company.According to the company, the agenda for the meeting includes:Consideration and approval of the Audited Financial Results of 7Seas Entertainment Limited for the quarter and financial year ended March 31, 2026. Review of the Audit Report for the...

Paramatrix Technologies Reports FY26 Growth, Sees 2.5x Surge in Operating Cash Flow Paramatrix Technologies Limited, a provider of enterprise software products and digital IT services, has released its audited financials for the second half (H2) and full year (FY) 2026. The company highlighted robust underlying business operations, strong cash generation, and key strategic acquisitions during the period.In FY26, Paramatrix reported a Consolidated Total Income of ₹ 32.57 Cr and Net Profit of ₹ 2.61 Cr.A review of the key consolidated financial highlights reveals the following performance metrics for the company:Particulars (₹ Cr)H2 FY26H2 FY25FY26FY25Total Income16.2316.632.5731.33EBITDA-0.174.964.198.16Net...

Belrise Industries Reports Strong Quarterly and Full Year Results, Driven by Aerospace Growth and Major Order Wins Pune, May 24, 2026: Belrise Industries Limited (BIL), a leading integrated automotive component manufacturer, has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported robust growth, underpinned by its diversified portfolio of safety-critical systems and successful strategic acquisitions in the aerospace sector.According to the company, adjusted Profit After Tax (PAT) saw an increase of 17.2% year-on-year (YoY) in Q4 FY26, and 41.2% in the full fiscal year (FY26).Financial Performance Overview BIL showcased strong financial momentum across key metrics. The...

Dollar Industries Approves Annual Results and Recommends 150% Dividend Dollar Industries Limited announced significant corporate developments following its Board of Directors meeting held on May 23, 2026. The board reviewed and approved the company's audited financial results and annual accounts for the year ended March 31, 2026, and recommended a final dividend rate of 150% on the paid-up capital.The company also finalized the re-appointments of several key managerial personnel, ensuring stable leadership for the coming years. The 33rd Annual General Meeting (AGM) of the company is scheduled for August 4, 2026.Financial Highlights and Dividend Recommendation The Board of Directors confirmed the approval of the audited Annual...

Reliance Infrastructure Limited Lists Key Management Personnel Reliance Infrastructure Limited has formalized details pertaining to its Key Managerial Personnel (KMP) structure. The company has identified several key individuals authorized in critical management roles.The designated Key Managerial Personnel and their respective roles are:Name of KMPDesignationShri Vijesh Babu ThotaExecutive Director and Chief Executive OfficerShri Paresh RathodCompany Secretary and Compliance OfficerShri Asheesh ChaturvediChief Financial Officer

Dollar Industries Reports Strong FY26 Results with Volume Growth and Dividend Recommendation Kolkata, West Bengal, May 23, 2026: Dollar Industries Limited, a prominent name in the Garment & Hosiery business, today announced its audited financial results for the quarter and full financial year ended March 31, 2026. The results showcase a resilient financial performance, driven by robust volume growth both domestically and internationally.The Board of Directors of Dollar Industries Limited, during its meeting on May 23, 2026, took on record the audited financials for the fiscal year 2025-26. The company maintains a strong presence across more than 15 countries globally.Financial Summary (in ₹ Lacs)Financial SummaryQ4 FY26Q4 FY25YoY...

Studds Accessories Limited Approves Dividend, ESOP Scheme; Announces CFO and Senior Management Changes Studds Accessories Limited announced key corporate developments following a Board meeting held on May 23, 2026. The board approved the company's audited financial results and recommended a dividend, alongside the adoption of an Employee Stock Option Scheme for its employees.The company also announced strategic personnel changes, including the appointment of Mr. Bharat Goyal as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective from July 1, 2026. Mr. Manish Mehta stepped down from his CFO role but remains with the company, designated as Vice President-Taxation & Compliance, effective July 1, 2026. Furthermore...

Belrise Industries Limited Approves Final Dividend, Raises Funds via QIP, and Provides Quarterly Financial Results Belrise Industries Limited announced on May 24, 2026, that its Board of Directors held a meeting approving several key corporate actions, including recommending a final dividend, planning for a major capital raise, and providing the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.The Board meeting considered and approved the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board also reviewed the Auditor's Report concerning these results and issued a declaration regarding the unmodified opinion...

Belrise Industries Board Approves Raising Funds of Up to INR 20,000 Million via QIP Belrise Industries Limited announced on May 24, 2026, that its Board of Directors approved plans to raise capital through a Qualified Institutions Placement (QIP). The board approved the raising of funds amounting up to INR 20,000.00 Million.The funds will be raised through the issuance of equity shares or any other equity-linked instrument, permissible under applicable laws.The company stated that the planned fundraising is subject to the necessary approvals from the company's shareholders and any relevant governmental, regulatory, or statutory authorities.Fundraising Details The primary details concerning the proposed issuance of securities are...

Camlin Fine Sciences Initiates Shutdown of Diphenol Plant Amid Raw Material Constraints, Reports Fire Incident Camlin Fine Sciences Limited announced the shutdown of its Diphenol Plant, citing geopolitical issues and severe constraints on the availability and pricing of key raw materials. The facility, located at Plot No. Z/96/D, Dahej SEZ II, Tal. Vagra, Dist. Bharuch, Gujarat, has had its capacity utilization reduced as the company initiated steps toward the shutdown.The company stated that the shutdown is anticipated not to affect the production of downstream Straight products. This stability is supported by securing Hydroquinone through imports and maintaining adequate Catechol inventory to support Aroma product manufacturing...

Aurobindo Pharma's Subsidiary Unit Undergoes US FDA Inspection, Receives OAI Classification Aurobindo Pharma Limited announced that its wholly owned subsidiary, Eugia Pharma Specialities Ltd., underwent an inspection by the United States Food and Drug Administration (US FDA). The inspection was conducted at the company's formulation manufacturing facility in Telangana, leading to a classification of 'official action indicated' (OAI).The inspection of Unit-I, a Formulation manufacturing facility belonging to Eugia Pharma Specialities Ltd., was carried out by the US FDA between February 16 and February 27, 2026. The inspection concluded with four observations.The US FDA subsequently determined that the classification for the facility...

Major Indian Companies Report Audited Financial Results for Q4 FY 2026 Multiple companies operating across different sectors released their audited financial results for the quarter and full financial year ended March 31, 2026. The reported results cover both standalone and consolidated performance metrics for the period.INDIA PESTICIDES LIMITED India Pesticides Limited released an extract of its audited consolidated financial results for the quarter and year ended March 31, 2026. The reported figures are presented in Rs. in Crore.The table below summarizes the key performance indicators:MetricQtr Quarter Ended 31,03.2026 (Audited)Ended March 31, 2025 (Unaudited)2026 Quarter Ended 31.03.2025 (Audited)Year Ended 31.03.2026...