Markets

Hariom Pipe Industries Approves FY 2026 Results, Recommends 7.5% Dividend Hariom Pipe Industries Limited announced the key outcomes of its Board of Directors meeting held on May 22, 2026. The board considered and approved the audited financial results (Standalone and Consolidated) for the quarter and year ended March 31, 2026, along with the corresponding audit reports.In a significant corporate action, the board also recommended a final dividend of Rs. 0.75 (Seventy-Five Paise) per equity share, representing 7.5% of the face value of Rs. 10 each, for the financial year ended March 31, 2026. The dividend, if approved by the members, would be disbursed within 30 days of the declaration.Financial Performance Summary The company...

PNC Infratech Receives Settlement Funds from NHAI under Vivad-se-Vishwas Scheme PNC Infratech Limited successfully realized a significant settlement amount from the National Highways Authority of India (NHAI) on May 22, 2026. The funds pertain to a one-time settlement of an arbitration award concerning the Agra Bypass EPC Project.The Company received a net amount of Rs. 2,128,190,137,464.00 (Two hundred twenty-eight crores ninety lakhs thirty-seven thousand four hundred sixty-four only) after the deduction of tax at source (TDS). This realization follows the execution of a Settlement Agreement on May 12, 2026, between NHAI and PNC Infratech Limited.The settlement was reached under the 'Vivad Se Vishwas III (Contractual Disputes)'...

SWELECT Energy Systems Reports Financial Results for FY26; PAT Stands at INR 57.58 Cr Chennai, May 22, 2026: SWELECT Energy Systems Ltd., formerly known as NUMERIC Power Systems Ltd., announced the approval of its Financial Results (Standalone and Consolidated) for the Quarter (Unaudited) and Year (Audited) ended March 31, 2026. The Board of Directors of the company, a leader in India's renewable energy sector, released the performance highlights covering both the fourth quarter and the full fiscal year.The company’s consolidated results show significant year-over-year growth in profitability, with Profit After Tax (PAT) recorded at INR 57.58 crore for the fiscal year 2025 to 2026.Performance Snapshot: FY25 vs. FY26 The financial...

Ducol Organics And Colours Limited Receives In-Principle Approval for Listing of Equity Shares Ducol Organics And Colours Limited has secured in-principle approval from the National Stock Exchange of India Limited (NSE) for the listing of a significant tranche of its equity shares. The shares were allotted through a preferential issue to strategic investors.The company confirmed the receipt of the in-principle approval, detailing the specific shares and their allotment method.The core financial details related to the listing approval are as follows:DetailValueCompanyDucol Organics And Colours LimitedTotal Shares Listed39,682 Equity SharesFace Value Per ShareRs. 10/-Allotment BasisPreferential IssueDistinctive...

NTPC Green Energy Greenlights ₹5,000 Crore Borrowing, Announces JV with CtrlS Datacenters NTPC Green Energy Limited, a subsidiary of NTPC Limited, approved several key corporate actions during its Board Meeting held on May 22, 2026. The Board considered and approved the release of the audited standalone and consolidated financial results for the financial year ended March 31, 2026.Strategically, the company also approved raising funds through borrowing up to a maximum of ₹5,000 Crore during the financial year 2026-27. Furthermore, the Board sanctioned the incorporation of a Joint Venture Company between NTPC Green Energy Limited (NGEL) and CtrlS Datacenters Limited (CtrlS) aimed at developing Renewable Energy (RE) Projects.Financial...

Trejhara and Proteantech Release Financial Results for Quarter Ended March 31, 2026 Both Trejhara Solutions Limited and Proteantech Limited reported their audited consolidated financial results for the quarter and year ended March 31, 2026, providing key metrics for investors and market observers.Trejhara Solutions Limited Financial Performance Trejhara Solutions Limited released its audited consolidated financial results for the quarter and year ended March 31, 2026. The company reported total income from operations of 14,224.86 (in lakhs) for the quarter ended March 31, 2026.The consolidated financials for the period include:MetricQuarter Ended 31-Mar-26Quarter Ended 31-Dec-25Quarter Ended 31-Mar-25Year Ended 31-Mar-26Year...

Manav Infra Projects Announces Board-Approved Financial Results for Year Ended March 31, 2026 Manav Infra Projects Limited announced that its Board of Directors held a meeting on May 22, 2026. During the meeting, the Board approved the Audited Financial Results for the Half Year and the full Year ended March 31, 2026.The company also confirmed that the Statutory Auditor, M/s. Singhal & Sewak, Chartered Accountants, issued an Audit Report providing an Unmodified Opinion on the Annual Audited Financial Results for the year ended March 31, 2026.Financial Performance Highlights The reported financial results show the company's total revenue and profitability for the fiscal year 2026 compared to the previous year.The following table...

Samvardhana Motherson International Limited Subsidiary Merger in Japan for Efficiency Gains Samvardhana Motherson International Limited announced the merger of its subsidiary, SMR Automotive Operations Japan K.K. ('SMR Auto-Japan'), into its holding company, Misato Industries Co. Ltd. ('Misato'). Both entities are indirect wholly owned subsidiaries of Samvardhana Motherson International Limited.The merger was formalized after the Commercial Registry of Japan issued certified records on May 21, 2026, following an order dated May 20, 2026, effecting the merger of SMR Auto-Japan into Misato. This operational restructuring occurs amid the timeline detail that Misato ceased to exist with effect from April 1, 2026.The merger aims to...

Century Plyboards Announces Audited Financial Results for FY2025-26 Standalone and Consolidated Century Plyboards (India) Limited announced the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, following the Board of Directors' meeting held on May 22, 2026. The company released the financial statements for the period, detailing performance across its various segments.The company's management reviewed the results, noting that the figures for the quarter ended March 31, 2026, represent balancing figures between the audited full financial year and unaudited year-to-date figures up to December 31, 2025.Financial Highlights for the Fiscal Year 2025-26 The financial statements show...

Trident Limited Announces Q4 FY26 Results with Steady Profitability Trident Limited has reported its financial results for the Fourth quarter and Year ended March 31, 2026. The company reported a consolidated revenue of INR 1,650 Crore for Q4 FY26.For the quarter, the consolidated EBITDA grew 56% Quarter on Quarter (QoQ) to INR 248 Crore. Quarterly Net Profit for the period stood at INR 102 Crore, marking a 131% QoQ increase and a 24% Year on Year (YoY) decline.Annually, the consolidated revenue for FY26 was INR 6,775 Crore, a 4% YoY decrease. The consolidated EBITDA stood at INR 951 Crore, compared to INR 971 Crore in FY25. Net Profit for the full fiscal year FY26 jumped to INR 377 Crore, representing a 2% YoY increase. Net Debt as...

Eurotex Industries Approves Audited Financial Results for Q4 FY26, Addresses Going Concern and Legal MattersEurotex Industries and Exports Limited announced the approval of its audited financial results, along with the accompanying audit report, for the quarter and year ended March 31, 2026. The Board of Directors approved these results during a meeting held on May 22, 2026.Independent auditors provided an unmodified opinion on the financial results for the quarter and year ended March 31, 2026.Key Audit Observations In the report, the auditors noted two critical areas concerning the Company's financial position.Emphasis of Matter: Electricity Duty The auditors drew attention to Note 6 regarding the electricity duty liability of...

Focus Lighting and Fixtures Limited Announces Statutory Auditor for Material Subsidiary Focus Lighting and Fixtures Limited has announced the appointment of VPK Mcmillanwoods PAC as the Statutory Auditor for its material subsidiary, Focus Lighting And Fixtures PTE Ltd. The appointment was approved by the Board of Directors and Shareholders of the subsidiary during a meeting held on May 22, 2026.VPK Mcmillanwoods PAC, a reputed Public Accountants and Chartered Accountants firm, will take on the role of statutory auditor for the subsidiary. The firm provides a comprehensive range of integrated and high-quality professional services. Their specializations include advisory and compliance solutions across the domains of Accounting, Audit...

Aeroflex Neu Limited Allots Equity Shares in Stilonn Valves and Controls Private Limited Aeroflex Neu Limited announced an update regarding its investment in Stilonn Valves and Controls Private Limited. The company confirmed the allotment of equity shares in the private limited company.The allotment of shares to Aeroflex Neu Limited occurred at a specified price, totaling an aggregate consideration.Key details of the transaction are as follows:DetailValueCompany Receiving SharesStilonn Valves and Controls Private LimitedNumber of Equity Shares Allotted2,43,400 (Two Lakh Forty-Three Thousand Four Hundred)Allotment Price Per ShareRs. 123.30Aggregate ConsiderationRs. 3,00,11,220/- (Rupees Three Crore Eleven Thousand Two...

Hariom Pipe Industries Reports Strong FY26 Performance with 23% Revenue and PAT Growth Hyderabad, May 22, 2026: Hariom Pipe Industries Limited, a vertically integrated manufacturer of steel products with a significant presence across southern and western India, announced its audited financial results for the quarter and year ended March 31, 2026.The Company reported a robust performance in FY 2025-26, attributed to higher sales volumes, improved throughput, strong contribution from value-added products, better operating cash generation, and improved working capital discipline.Key Financial Performance for FY26 For the full fiscal year 2026, the company saw its Revenue from Operations reach ₹ 1,666.95 crore, marking a 23%...

TVS Motor Completes Secondary Acquisition, Securing 4.90% Stake in Jana Small Finance Bank TVS Motor Company Limited announced the successful completion of its secondary acquisition in Jana Small Finance Bank Limited. The company confirmed that it now holds a 4.90% stake in Jana Small Finance Bank, with the acquisition finalized on May 22, 2026.The update confirms the completion of the stake purchase, following an earlier disclosure detailing the proposed secondary acquisition. The transaction establishes TVS Motor Company's current holding in the bank.TVSMOTOR Stock Price Movement On Friday, TVS Motor Company Limited shares closed higher, gaining 1.32% to settle at ₹3417.5. The stock traded on 924,915 shares, finding support within...

Greenlam Industries Announces Audited Consolidated Financial Results for Q4 and Full Year FY26 Greenlam Industries Limited, a leading integrated substrate and surface solutions provider and one of the world's top three laminate manufacturers, today announced its audited consolidated financial results for the quarter and year ended March 31, 2026.Q4 FY26 Performance Highlights For the quarter ending March 31, 2026, the company reported net revenues of ₹857.7 crore, marking a year-on-year (YoY) growth of 25.8%. The overall laminate business expanded by 14.4% in value terms on a YoY basis.EBITDA before forex impact and exceptional items reached ₹107.4 crore, reflecting a significant growth of 57.1% YoY. The reported net profit for the...

Unichem Laboratories Announces Financial Results for FY 2026 and Key Corporate Appointments Unichem Laboratories Limited announced the outcomes of its Board of Directors meeting held on May 22, 2026. Key approvals included the re-designation and re-appointment of Mr. Pabitrakumar Bhattacharyya as Managing Director & Chief Executive Officer, alongside the confirmation of external auditors for the financial year 2026-27.The company also released its financial results, including Unaudited Financial Results for the quarter ended March 31, 2026, and Audited Financial Statements for the year ended March 31, 2026, both on a consolidated and standalone basis.Leadership and Audit Appointments At the Board meeting, the company approved the...

Sun Pharma Board Approves Promoter Reclassification and Adopts Revised Code of Fair Disclosure Sun Pharmaceutical Industries Limited announced key outcomes from its Board of Directors meeting held on May 22, 2026. During the session, the Board approved requests regarding promoter group reclassification and adopted a revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.The Board formally approved the requests received for the reclassification of certain promoter group individuals from the 'Promoter Group' category to the 'Public' category. This decision furthered the details provided in an earlier communication dated May 14, 2026.In addition, the company's Board approved and adopted...

Pix Transmissions Limited Announces Board Approvals for FY 2025-26 Results and Dividend Recommendation Pix Transmissions Limited announced that its Board of Directors, during a meeting held on May 22, 2026, reviewed and approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board also recommended a final dividend for the financial year 2025-26.The company announced a recommended final dividend of Rs. 9/- (Rupees nine only), representing 90% of the face value of Rs. 10/- per equity share, for the fiscal year 2025-26. This dividend recommendation is subject to the approval of the company’s shareholders at the ensuing Annual General Meeting.Financial Performance Overview...

Shyam Century Ferrous Limited Approves FY2026 Results; Confirms Ongoing Operations Post Manufacturing Halt Shyam Century Ferrous Limited has announced that its Board of Directors, during a meeting held on May 22, 2026, approved and took on record the audited financial results for the fourth quarter and the full financial year ended March 31, 2026.The company issued an independent auditor's report confirming that the annual financial results for the year ended March 31, 2026, present a true and fair view in conformity with Indian Accounting Standards (Ind AS).Operational Update and Going Concern Basis The audit report highlighted a significant operational shift, noting that the Company ceased production at its manufacturing facility...