Markets

Delphi World Money Limited Entity Under Investigation by Ministry of Corporate Affairs DELPHI WORLD MONEY LIMITED reported that an entity where the company holds a significant stake and exercises control over its management and operations has been subject to an investigation ordered by the Ministry of Corporate Affairs (MCA).The communication was received on May 21, 2026, from the Office of the Regional Director, Northern Region-I, Ministry of Corporate Affairs. The notice informs that the MCA has ordered an investigation under Section 210(1)(c) of the Companies Act, 2013, and has sought certain information and records from the entity.The affected entity is reportedly in the process of collating all relevant information and...

Shri Jasmeet Singh Bindra Appointed Chairman of Visakhapatnam Port Authority Dredging Corporation of India Limited confirms the appointment of Shri Jasmeet Singh Bindra, IRTS (1997), as the Chairperson of the Visakhapatnam Port Authority (VPA). The appointment establishes Shri Bindra in the key leadership role at the VPA, with the mandate effective for a period of five years.The Ministry of Ports, Shipping and Waterways officially informed that Shri Jasmeet Singh Bindra, IRTS (1997), was appointed as Chairperson of Visakhapatnam Port Authority, with the tenure commencing from the assumption of charge of the post or until further orders, whichever is earlier.Further operational details indicate that the Visakhapatnam Port Authority...

Ashima Limited Approves Financial Results for Fiscal Year 2026 and Reappoints Internal Auditors Ashima Limited announced that its Board of Directors, during a meeting held on May 23, 2026, considered and approved the audited financial results for the quarter and full year ended March 31, 2026. The board also reviewed the company's audited standalone and consolidated financial statements and approved the re-appointment of internal auditors for the financial year 2026-27.M/s Mukesh M. Shah & Co., Chartered Accountants, the Statutory Auditors, issued an Audit Report with an unmodified opinion on the Standalone and Consolidated Financial Results for the quarter and financial year ending March 31, 2026.Financial Performance Overview The...

Mawana Sugars Limited Announces Audited Financial Results and Board Approvals for Fiscal Year 2026 Mawana Sugars Limited today announced the audited financial results for both Standalone and Consolidated operations for the quarter and full financial year ended March 31, 2026. The Board of Directors approved these Financial Results during a meeting held on May 23, 2026.The company also confirmed the re-appointment of its statutory auditors, M/s Bahadur Murao & Co., and the re-appointment of M/s TRC Corporate Consulting Private Limited, Chartered Accountants, as Internal Auditors for the financial year 2026-27.Key Financial Highlights (Consolidated) The audited financial statements show the following key figures for the year ending...

Satia Industries Board Approves Financial Results, Recommends Dividend Satia Industries Limited announced key outcomes from its Board of Directors meeting held on May 23, 2026. The Board approved the audited financial results for the Quarter and Year ended March 31, 2026, and recommended a final dividend for the fiscal year.The Board meeting reviewed the company's performance for the quarter and the year ending March 31, 2026. A primary highlight was the recommendation of a final dividend of Rs. 0.40 per share, which represents 40% of the face value of Rs. 1 per share. This dividend is subject to the subsequent approval of the company's shareholders at the Annual General Meeting.Financial Performance and Audit Confirmation The Board...

Satia Industries Reports INR 14,519 Mn Revenue for FY26; Details on Operational Headwinds and Growth Initiatives Punjab, May 23, 2026: Satia Industries Limited (SIL), a leading writing and printing paper manufacturer in India, today announced its results for the fourth quarter ended March 31, 2026. The company reported revenues of INR 14,519 Mn for the fiscal year 2026.Financial Performance Summary The company provided a detailed financial overview for the four quarters, comparing figures year over year and quarter over quarter.Particulars (INR Mn) Q4FY26 Q4FY25 YoY Change Q3FY26 QoQ Change FY26 FY25 YoY ChangeRevenue from Operations 3,896 3,967 -2% 3,803 2% 14,519 15,120 -4%EBITDA 236 615 -62% 385 -39% 1,318 2,703 -51%...

BMW Ventures Limited Penalized by ROC for Non-Compliance with Companies Act BMW Ventures Limited has been penalized by the Registrar of Companies (ROC) for non-compliance with provisions related to the timely appointment of key managerial personnel, specifically the Company Secretary and Chief Financial Officer, under the Companies Act, 2013.The adjudication order was issued following a finding that the company had violated Section 203(5) of the Companies Act, 2013, concerning mandatory operational compliance. While the ROC noted that the penalty itself would have no material impact on the financial or operational activities of the listed entity, a monetary penalty was imposed on the company and several associated officers.The...

IITL Approves Financial Results, Reappoints Internal Auditor, and Greenlights Promoter Reclassification Industrial Investment Trust Limited announced on May 23, 2026, that its Board of Directors approved the Annual Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The Board meeting also approved the re-appointment of M/s Sheetal Patankar & Co. as the Internal Auditor for the financial year 2026-2027 and sanctioned the reclassification of Mr. Swaran Singh from a Promoter to a Public shareholder.The company reported that it did not recommend any dividend on the Equity Shares for the financial year ended March 31, 2026.Key Board Approvals At its meeting held on May 23, 2026, the...

NCLT Sanctions Amalgamation Scheme for NIIT Limited, Merging Two Entities The National Company Law Tribunal (NCLT), Chandigarh Bench, has sanctioned the scheme of amalgamation involving NIIT Limited, NIIT Institute of Finance Banking & Insurance Training Limited, and RPS Consulting Private Limited. The approval marks a significant structural change for the tech training and consulting sector.The scheme facilitates the amalgamation of NIIT Institute of Finance Banking & Insurance Training Limited (Amalgamating Company 1) and RPS Consulting Private Limited (Amalgamating Company 2) into NIIT Limited, which will serve as the Amalgamated Company.The NCLT pronounced its order approving the comprehensive arrangement on May 22, 2026. While...

Sanstar Limited Announces Audited Financial Results and Governance Appointments for FY 2026 Sanstar Limited announced the outcomes of its Board of Directors meeting held on May 23, 2026. The board reviewed and approved the standalone audited financial results for the quarter and year ended March 31, 2026. The company also formalized the appointments of its Secretarial Auditor and Internal Auditor for the financial year 2026-27.The statutory auditors, M/s. S.C. Bapna & Associates, Chartered Accountants, confirmed that the standalone audited financial statements for the year ended March 31, 2026, received an 'Unmodified Opinion.'Financial Performance Highlights The audited financial results provide a comparative view of the company’s...

Jamna Auto Industries Approves Re-appointment of Gautam Mukherjee as Independent Director Jamna Auto Industries Limited announced that its Board of Directors, during a meeting held on May 23, 2026, approved the re-appointment of Mr. Gautam Mukherjee as a Non-Executive Independent Director. This appointment extends his tenure for a second consecutive term of five years.The board's resolution established Mr. Mukherjee's role for the period beginning May 31, 2026, and ending May 30, 2031, subject to the subsequent approval of the company's members.The following table summarizes the details of the appointment:Particulars DetailDirector Mr. Gautam Mukherjee (DIN: 02590120)Role Non-Executive Independent DirectorTerm Second...

Bata India Limited Announces Conclusion of Postal Ballot E-Voting Period Bata India Limited confirmed that the remote electronic voting period for its Postal Ballot concluded on May 23, 2026, at 5:00 P.M. IST. This marks the completion of the remote e-Voting process related to the resolution contained in the Notice of Postal Ballot, which had been issued to the Company's Members.The electronic notice was distributed only to Members whose names appeared in the Register of Members or List of Beneficial Owners as of Friday, April 17, 2026. The communication of assent or dissent from Members took place exclusively through the remote eVoting mechanism.Following the conclusion of the voting period, the company stated that the Scrutinizer...

Dalmia Bharat Board Approves Rs. 4,000 Crore Raise, Final Dividend, and Auditor Reappointment Dalmia Bharat Limited, a company within the Dalmia Bharat Group, announced several key corporate decisions following the Board of Directors meeting held on May 23, 2026. The Board considered and approved the convening of the 13th Annual General Meeting (AGM), sought shareholder approval for significant capital expenditure, and confirmed the details regarding statutory auditing services and dividend payments.The 13th AGM of the company is scheduled to take place on Tuesday, June 30, 2026. Shareholders will have the opportunity to vote via Video Conferencing (VC) or Other AudioVisual Means (OAVM).Strategic Funding and Dividend Details The...

MMP Industries Limited Approves FY 2025-26 Results and Recommends Maiden Dividend MMP Industries Limited announced on May 23, 2026, the outcomes of its Board Meeting No. 1 of FY 2026-27. During the meeting, the Board approved the Statement of Audited Financial Results and Statement of Assets and Liabilities for the Quarter (Q-4) / Financial Year 2025-26, which ended on March 31, 2026, after review by the Audit Committee.Furthermore, the Board of Directors recommended a maiden final dividend for the financial year 2025-26, set at 20% or Rs. 2/- per equity share of face value of Rs. 10/- each. This dividend recommendation is subject to approval by the shareholders at the ensuing 53rd Annual General Meeting (AGM).Financial Performance...

Sarda Energy & Minerals Approves Expansion and Releases FY 2026 Financial Results Sarda Energy & Minerals Limited announced the outcomes of its Board of Directors meeting held on May 23, 2026. During the meeting, the Board approved the audited standalone and consolidated financial statements, along with segment-wise results, for the financial year ended March 31, 2026.The company also recommended a dividend and approved a significant expansion plan for its pellet manufacturing capacity.The statutory auditors, M/s. Singhi & Co., Chartered Accountants, issued an unmodified opinion on both the standalone and consolidated results for the financial year ended March 31, 2026.Financial Performance Highlights The Board of Directors...

Salzer Electronics Approves FY 2026 Results, Recommends Rs. 2.50 Dividend; Key Director Reappointments Cleared Salzer Electronics Limited, during its Board of Directors meeting held on May 23, 2026, approved the audited standalone and consolidated financial results for the fourth quarter and the year ended March 31, 2026. The board also recommended a dividend and cleared key appointments for the upcoming fiscal year.The board members recommended a dividend of Rs. 2.50 per equity share, representing 25% of the face value of Rs. 10 per share, for the financial year ended March 31, 2026. This dividend is subject to the requisite approval of the shareholders at the ensuing Annual General Meeting. The record date for dividend payment for...

NTPC Announces Financial Results for FY 2025-26; Recommends Total Dividend of 9.00 Per Share NTPC Limited today announced its audited financial results and key updates for the quarter and financial year ended March 31, 2026. The Board of Directors recommended a final dividend of 3.50 per equity share (face value of 10/- each) for the financial year 2025-26.The total dividend recommended, including the first interim dividend of 2.75 per share (paid in November 2025) and the second interim dividend of 2.75 per share (paid in February 2026), totals 9.00 per equity share (face value of 10/- each).Financial Performance Highlights For the year ended March 31, 2026, the Group reported a total comprehensive income of 27,587.32 crore. The...

Moneyboxx Finance Limited Opens New Branch Office in Ramnagara, Karnataka Moneyboxx Finance Limited announced the opening of a new branch office in the state of Karnataka. The expansion signifies the company's growing presence in the region, establishing its operational footprint at a specific location in Ramnagara.The newly inaugurated branch is situated at No 78-5, Ward No-26, 2nd Floor, Kempe Gowda Circle, Magadi Road, Geetanjali Bada Vane, Ramnagara - 562159.The company also confirmed that the details of this new branch office will be hosted on the official company website, www.moneyboxxfinance.com.MONEYBOXX Stock Price Movement Moneyboxx Finance Limited shares edged higher on Friday, closing at ₹72.64 after gaining 2.37% for...

Medicamen Organics Limited Announces Availability of Valuation Report for EGM Medicamen Organics Limited issued an update confirming the availability of a key valuation report related to its upcoming Extraordinary General Meeting (EGM). The company noted that the valuation report, issued by M/s Jhamb & Associates, Company Secretaries and Registered Valuer, was dated March 12, 2026.The valuation report was conducted in accordance with the SEBI (ICDR) Regulations, 2018, and relates to matters seeking shareholder approval for the EGM.Medicamen Organics Limited referred to previous communications regarding the meeting, specifically citing previous submissions made on March 17, 2026, and March 27, 2026, concerning the Notice of the...

Ganesh Green Bharat Limited Secures Contract for 1000 MWh BESS Project at NTPC Bikaner Solar Plant Ganesh Green Bharat Limited, formerly known as Ganesh Electricals Private Limited, has secured a significant contract award from NTPC Renewable Energy Limited. The contract covers the Engineering, Procurement, and Construction (EPC) package for developing a 1000 MWh Battery Energy Storage System (BESS) at the NTPC REL Bikaner Solar Plant.The notification of award, dated May 22, 2026, was issued by NTPC Renewable Energy Limited, a subsidiary of NTPC Green Energy Limited. The awarded project is located at the NTPC REL Bikaner Solar Plant.The contract is classified as a domestic contract and covers a multi-faceted scope of work, involving...