Markets

Xelpmoc Design And Tech Limited Files Petition Against Investee Company Over Allegations of Oppression Xelpmoc Design And Tech Limited has initiated legal proceedings before the Hon'ble National Company Law Tribunal (NCLT) in Bengaluru. The company, along with its Promoters and Directors, filed a petition against Inqube Innoventures Private Limited, which is an investee company, along with the promoters and directors of that firm.The petition, filed on May 22, 2026, alleges issues of oppression and mismanagement within the affairs of Inqube Innoventures Private Limited.The company stated that the financial implications and claims arising from this legal action are limited to the amount originally invested in the investee company...

Shivalik Bimetal Controls Applies for Shareholder Reclassification of Solan Developers Private Limited Shivalik Bimetal Controls Limited announced on May 22, 2026, that it is facilitating the reclassification of a shareholder's status following a request from M/s Solan Developers Private Limited.The Company has filed an application with both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) seeking No Objection Certificate (NOC) for the reclassification of M/s Solan Developers Private Limited’s shareholding.The proposed change involves transitioning M/s Solan Developers Private Limited from the ‘Promoter and Promoter Group’ category to the ‘Public’ category of shareholders.The key details of the...

Zota Health Care Limited Sets Upper Cap on Promoter Directors' Cumulative Remuneration Zota Health Care Limited announced that a group of Promoter Directors has agreed to voluntarily fix an upper cap limit on the cumulative remuneration payable to them. The measure is intended to enhance corporate governance practices, moderate managerial pay, and facilitate the better allocation of capital for the company's overall growth.The agreement involves several key Promoter Directors, including Non-executive Chairman Mr. Ketankumar Chandulal Zota, Whole-time Directors Mr. Himanshu Muktilal Zota, Mr. Kamlesh Rajanikant Zota, Mr. Viren Manukant Zota, and Managing Director Mr. Moxesh Ketanbhai Zota.Under the agreement, the Promoter Directors...

Remsons Industries Achieves Strong FY26 Results, Secures Major Global Orders for Future Growth MUMBAI · 22 MAY 2026Remsons Industries Ltd., an automotive OEM components manufacturer, today announced the audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results, noting that the company, which supplies components to two, three, and four-wheeler vehicles, commercial vehicles, and off-highway vehicles across India and globally, ended the fiscal year on a strong note.Financial Performance Overview The company's consolidated financial performance shows significant year-over-year growth. The key performance indicators for the quarters ending March 31, 2026, and the full financial...

Manoj Vaibhav Gems Announces Audited Financial Results and Re-appoints Internal Auditor Manoj Vaibhav Gems 'N' Jewellers Limited announced the approval of its audited financial results for the 4 quarter and the full financial year ended March 31, 2026. Alongside the financial results, the Board of Directors also approved the re-appointment of M/s. P.A. Naidu & Associates, Chartered Accountants, as the Internal Auditor for the financial year 2026-27.Financial Performance Highlights The company reported financial results for the quarter ended March 31, 2026, alongside comprehensive year-end figures. Revenue from operations for the full year ended March 31, 2026, stood at 274,403 (Rin Crores), compared to 238,402 (Rin Crores) for the...

Kolte-Patil Developers Reports Financial Results for the Year Ended March 31, 2026 Kolte-Patil Developers Limited has released its audited financial results for the quarter and year ended March 31, 2026, detailing the company's financial and operational performance for the reporting period. The Group's consolidated results present significant data across revenue, expenses, and balance sheet metrics for shareholders.Consolidated Financial Performance (Rs. in Lakhs) The consolidated financial results show the Group's revenue from operations for the year ending March 31, 2026, standing at 73,496. Total income reached 1,76,373 for the same period.The following tables provide a detailed comparison of the key figures:Statement of...

Syncom Formulations Reports Audited Financial Results for Year Ended March 31, 2026 Syncom Formulations (India) Limited has released its audited financial results for the quarter and year ended March 31, 2026. The results provide a comprehensive view of the company's performance across its operational segments and key financial metrics.The financial reporting covers standalone and consolidated statements of results, along with the balance sheet and cash flow statements.Financial Results Overview For the fiscal year ending March 31, 2026, the company reported robust financial performance across its segments.Segment-Wise Revenue and Profit Syncom operates in three segments: Pharmaceuticals Drugs & Formulations, Trading of...

Kolte-Patil Developers Reports Q4 & FY26 Financial Results, Announces Strategic Partnership and Expansion Pune, May 22, 2026: Kolte-Patil Developers Ltd., a real estate developer with significant operations in Pune, Mumbai, and Bengaluru, announced its audited financial results for the fourth quarter (Q4) and the full fiscal year (FY26), which ended March 31, 2026.The company highlighted strong performance indicators across the year, noting record collections and significant business development milestones.Q4 & FY26 Operational and Financial Highlights Kolte-Patil Developers reported the following key financial figures for Q4FY26 and the full year FY26:MetricFull Year FY26Quarter Q4FY26Year-on-Year ChangeSales ValueRs. 2,605...

Capri Global Capital Secures Approval for USD 1 Billion Global Medium Term Note Programme Capri Global Capital Limited has received approval from NSE IFSC Limited for establishing its USD 1 Billion Global Medium Term Note Programme (GMTN Programme). The approval was issued by NSE IFSC Limited on May 22, 2026, regarding the company's planned fundraising initiative.The GMTN Programme has established a significant financing structure for the company. Previously, the GMTN Programme was established at India International Exchange (IFSC) Limited on May 19, 2026.Following the approval, Capri Global Capital Limited has submitted the final Offering Circular to NSE IFSC Limited in connection with the GMTN Programme. The offering circular...

Ultra Wiring Connectivity System Approves FY and Half-Year Results for March 2026 Ultra Wiring Connectivity System Limited (formerly Ultra Wiring Connectivity System Pvt. Ltd.) announced that its Board of Directors held a meeting on May 22, 2026, and approved the audited financial results for the half-year and the full year ended March 31, 2026. The Board also reviewed the company’s financial position and performance.The company's independent auditors issued an opinion stating that the financial statements provide a true and fair view of the state of affairs of the company as at March 31, 2026, and its profit and cash flows for the year ended on that date, in conformity with generally accepted accounting principles in India.The...

GOCL Corporation Limited Receives 'No Objection' from NSE for Merger of Hinduja National Power GOCL Corporation Limited has received a 'No Objection' observation letter from the National Stock Exchange of India Limited (NSE) regarding its proposed Scheme of Merger by Absorption of Hinduja National Power Corporation Limited (HNPCL). The scheme involves the merger of HNPCL (the Transferor Company) into GOCL Corporation Limited (the Transferee Company).The announcement confirms that GOCL Corporation Limited received the Observation Letter on May 22, 2026, for the scheme of merger. This initiative was previously intimated to the Exchange, following the Board of Directors' decision approving the absorption of HNPCL into GOCL Corporation...

Dhruv Consultancy Services Wins Contract for NH-52 Maintenance in Maharashtra Dhruv Consultancy Services Limited has secured a significant contract, receiving a Letter of Award (LOA) from the National Highway Authority of India (NHAI). The appointment is for providing Supervision Consultant (SC) services related to the Routine Maintenance & Periodic Renewal work on a section of NH-52 in Maharashtra.The contract details a large-scale, Performance Based Maintenance Contract (PBMC) for specified segments in the state of Maharashtra.Project Scope and Value The LOA, issued under Letter No. NHAI/RO-NAG/PBMC/SC/CSN/202526/36/694 and dated May 21, 2026, covers specific stretches of NH-52. The project scope involves:Location: Maharashtra...

Ellenbarrie Industrial Gases Announces FY26 Results and Updates Promoter Group Composition Ellenbarrie Industrial Gases Limited announced the outcome of its Board Meeting held on May 22, 2026. The board approved the Audited Financial Results along with the Auditors Report for the fourth quarter and the full financial year ended March 31, 2026.The statutory auditors, MSKA & Associates LLP, issued an unmodified opinion on the financial results.Financial Highlights for the Fiscal Year 2025-2026 The audited financial results reported for the year ended March 31, 2026, show a Total income of 3,916.31 million. Total expenses were recorded at 2,563.37 million, leading to a Profit before tax of 1,352.94 million.Key financial metrics for...

Mega Flex Plastics Announces Financial Results and Board Decisions for Fiscal Year 2026 Mega Flex Plastics Limited announced the outcomes of its Board Meeting held on May 22, 2026. The board considered and approved the audited standalone financial results for the half year and the full financial year ended March 31, 2026.The board meeting saw the re-appointment of auditors and the approval of key statutory financial reports.Financial Highlights for FY 2026 The company presented its Standalone Statement of Profit and Loss and Balance Sheet for the fiscal period ended March 31, 2026.Standalone Balance Sheet (Figures in a generalized unit, assuming Lakhs)ParticularsNote No.For the year ended 31st March, 2026For the year ended...

Sammaan Capital Confirms Timely Interest Payment on Redeemable Non-Convertible Debentures Sammaan Capital Limited confirmed that it has made timely payments of interest on its Secured and Unsecured Redeemable Non-Convertible Debentures (NCDs). The company certified the payment of the entire interest amount to the stock exchanges on May 22, 2026.The payment details relate to the NCDs issued by Sammaan Capital through a public issue and are listed on major stock exchanges.Payment details for the interest payments recorded on May 22, 2026, include the following three distinct tranches, each with specific payment schedules and ISINs:Sr. NoISINIssue Size (in INR lacs)FrequencyInterest Amount Paid (in INR lacs)Due DateActual Payment...

#Kolte-Patil Developers Approves Financial Results for FY26, Advances Amalgamation Scheme and Management ChangesKolte-Patil Developers Limited announced material outcomes from its Board of Directors meeting held on May 22, 2026. The Board approved the audited financial results for the quarter and year ended March 31, 2026, along with crucial updates regarding a proposed amalgamation scheme and corporate governance changes.The company presented detailed financial performance data across its standalone and consolidated financials, providing insights into revenue, expenses, and capital structure for the fiscal year.Financial Performance Highlights (March 31, 2026) The audited standalone financial results and consolidated financial...

Euro Panel Products Approves Financial Results, Reappointments, and Subsidiary Formation Euro Panel Products Limited held its Board of Directors meeting on May 22, 2026, where the board approved the company's audited financial results for the quarter and full financial year ended March 31, 2026. Additionally, the board reviewed and approved several key corporate actions, including the re-appointment of statutory auditors and the incorporation of a new subsidiary.Financial Performance Review The company released audited financial results for the quarter and year ended March 31, 2026, alongside corresponding Statement of Assets and Liabilities and Cash Flow Statements.Standalone Financial Results The Standalone Statement of Assets and...

Arrow Greentech Limited Announces Audited Financial Results for FY26 Mumbai, May 22, 2026 - Arrow Greentech Limited, a leader in green packaging technology specializing in water-soluble films and bio-compostable films, today announced its audited financial results for the quarter and the full year ended March 31, 2026.During the financial year 2026 (FY26), the company reported total revenue from operations standing at Rs. 2,005 Million.FY26 Financial Performance Highlights The company's performance across key metrics for FY26 and the preceding years is detailed below:Particulars (Rs. Mn)Q4 FY26Q4 FY25Q3 FY26FY26FY25Y-o-YTotal Revenue4185735612,0052,434-17.6%EBITDA104160192646884-26.9%EBITDA Margin...

Jubilant Generics Limited Files Appeals After Receiving Tax Order of Rs. 107.89 Crores Jubilant Generics Limited (JGL), a wholly owned step down Indian subsidiary of Jubilant Pharmova Limited, has initiated legal action following the receipt of an order from the Income Tax Department.The tax adjustment order was received on May 22, 2026, for the financial year 23. The notice, which totaled Rs. 107.89 crores, primarily related to transfer pricing adjustments, according to the company.JGL stated that the tax adjustments were made while ignoring the facts and contentions of the Company. Consequently, JGL is in the process of filing necessary appeals and has separately submitted an application before the Advance Pricing Authority...

Havells India Completes Allotment of 3,04,810 Shares Under ESPS Schemes Havells India Limited announced the successful exercise of employee stock options and the subsequent allotment of equity shares by its Share Allotment and Transfer Committee. The transaction involved shares vested to eligible employees under existing employee stock purchase plans (ESPS) for the financial year 2025-26.The exercise covered three primary schemes: the Havells Employees Stock Purchase Plan 2014, the Havells Employees Stock Purchase Scheme 2015, and the Havells Employees Stock Purchase Scheme 2016. The committee concluded its meeting today, allotting a total of 3,04,810 Equity Shares of the Company against the exercised options.The total number of...