Markets

EMA Partners India Limited Extinguishes 7,25,000 Shares Following Tender Offer Buyback EMA Partners India Limited recently concluded a share buyback through a tender offer route, resulting in the extinguishment of 7,25,000 fully paid-up equity shares. The shares, each having a face value of ₹ 5, were bought back from eligible shareholders.The buyback process was initiated following a public announcement on April 24, 2026, and the company issued a letter of offer on May 05, 2026. The tender offer was opened on Thursday, May 07, 2026, and officially closed on Wednesday, May 13, 2026. Shareholders participated in the buyback at a predetermined price of ₹ 100 per Equity Share.The total buyback involved 7,25,000 equity shares. The...

Kaushalya Logistics to Hold Board Meeting on May 30, 2026, to Review Half-Year Financials Kaushalya Logistics Limited announced that its Board Meeting is scheduled for Saturday, May 30, 2026. The meeting is set to take place at 01:00 P.M. to consider and approve key company matters.The primary agenda item for the board meeting is the consideration and approval of the Audited Financial Statements of the Company for the Half Year ended on March 31, 2026.In addition to reviewing the financial statements, the board will also address any other matters that may be permitted by the Chairman.The company reported the notice of the meeting on May 22, 2026.KLL Stock Price Movement Today, Kaushalya Logistics Limited shares gained by 0.84%...

Indus Towers Limited Announces CFO Vikas Poddar's Resignation Indus Towers Limited announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel, Mr. Vikas Poddar. The resignation, which was tendered on May 21, 2026, is effective from the close of business hours on August 18, 2026.The departure follows Mr. Poddar's decision to pursue new professional opportunities outside the Company. Indus Towers Limited acknowledged Mr. Poddar’s contributions, noting that he played an important role during his tenure in advancing the Company's strategic initiatives and maintaining high standards of corporate governance and financial transparency.The resignation confirms Mr. Poddar's cessation from the role of CFO and...

Grover Jewells Limited Approves Audited Financial Results for FY26 and Half Year Grover Jewells Limited has announced the approval of its standalone audited financial statements for the half year and the full financial year ended March 31, 2026. The Board of Directors reviewed and approved these results, accompanied by an unmodified audit report.The Board meeting, held on May 22, 2026, finalized the records for the company's financial performance. The financial reports provide a comprehensive view of the company's position in the gold chains, casting, and Italian jewellery market.Financial Highlights for March 31, 2026 The company's financial health was detailed in the audited statements, showing a Total Equity and Liabilities of...

Precision Camshafts Limited Announces FY Results, Recommends Dividend Precision Camshafts Limited (PCL) announced the outcomes of its Board meeting held on May 22, 2026, confirming the approval of its Standalone and Consolidated Audited Financial Statements for the quarter and Financial Year ended March 31, 2026. The Board also recommended a final dividend for the financial year.The company confirmed that the 34th Annual General Meeting (AGM) is scheduled for Thursday, July 30, 2026, via Video Conferencing or Other Audio-Visual Means.Key Financial Approvals and Dividend Recommendation During the meeting, the Board of Directors approved the audited Standalone and Consolidated Financial Statements for the quarter and Financial Year...

Greenlam Industries Board Recommends Final Dividend of Re. 0.40 Per Share Greenlam Industries Limited announced that its Board of Directors, during a meeting held on May 22, 2026, has recommended a final dividend for the financial year ended March 31, 2026.The Board recommended a final dividend of Re. 0.40/- per equity share of Re. 1/- each.The dividend recommendation is subject to the approval of the company’s members at the ensuing 13th Annual General Meeting, which is scheduled for July 29, 2026.GREENLAM Stock Price Movement Today, Greenlam Industries Limited shares edged higher, settling at ₹237.23 after gaining ₹3.11, or 1.33%. The equity traded on a volume of 127,483 shares during the session.

Mukta Arts Limited Announces Financial Results for FY 2026 and Approves Investment in Bahrain Mukta Arts Limited announced on May 22, 2026, that its Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. Additionally, the board approved an investment in a subsidiary and confirmed the re-appointment of the company's Internal Auditors.Financial Performance Overview The company released comprehensive financial data for the quarter and year ended March 31, 2026. The consolidated financial results show total revenue of 17,987.17 (Rs In lakhs, except per share) for the year ended March 31, 2025, and 18,705.41 for the year ended March 31, 2026.Key consolidated financial figures are...

NCLT Approves Scheme of Amalgamation for Gloster Group Entities Gloster Limited successfully advanced its plans for an amalgamation of its wholly-owned subsidiaries, Gloster Lifestyle Limited and Gloster Specialities Limited. The National Company Law Tribunal (NCLT) issued an order on May 22, 2026, allowing the first motion application related to the Scheme of Amalgamation, and crucially, dispensing with the requirement of convening Equity Shareholder meetings for the involved companies.The Scheme of Amalgamation involves Gloster Lifestyle Limited and Gloster Specialities Limited being merged into the Transferee Company, Gloster Limited. This consolidation aims to improve the efficient utilization of capital and assets, thereby...

Pritika Engineering Components Approves Audited Financial Results for FY2026 Pritika Engineering Components Limited (NSE: PRITIKA) announced the approval of its audited financial results for the financial year ending March 31, 2026, following a Board of Directors meeting held on May 22, 2026. The company reported its financial outcomes both on a standalone and consolidated basis.The Board approved the audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026, alongside the corresponding audited financial results for the quarter. The company confirmed that the audit report received an unmodified opinion on the aforementioned financial results.Financial Performance Highlights (Year Ended March 31...

Master Components Limited Receives Purchase Order for Electric Vehicle Supply Equipment Master Components Limited announced on May 22, 2026, that it has received a significant Purchase Order for the supply of Electric Vehicle Supply Equipment. The transaction, originating from a domestic entity, amounts to approximately INR 61,12,800, excluding tax.The contract details confirm that the order is from a domestic company and is not considered a related party transaction. Master Components Limited noted that the execution of the order is expected by June 19, 2026.The company provided specific details regarding the Po under its filings. Key operational and financial aspects of the contract are summarized below:DetailDescription...

Arrow Greentech Limited Approves Grant of 61,000 Options Under ESOP Scheme Arrow Greentech Limited has announced that its Nomination and Remuneration Committee (NRC) has approved the grant of 61,000 Employee Stock Options (Options) to eligible employees. These options fall under the company's internal framework, the Arrow Greentech ESOP Scheme - 2024.The grant is designed to provide incentives to identified employees, covering a total of 61,000 stock options. These options are exercisable into an equal number of equity shares, each having a face value of Rs. 10/- (Rupees Ten) fully paid up in the Company.According to the details provided regarding the ESOP grant, the key terms and financial specifications are as follows...

The Ramco Cements Reports FY2026 Results, Recommends Dividend of Rs. 2.50 Per Share The Ramco Cements Limited announced the financial results for the quarter and year ended March 31, 2026. The Board of Directors recommended a dividend of Rs. 2.50 per share of Re. 1/- each for the fiscal year 2025-2026.The company's Annual General Meeting is scheduled for Thursday, August 20, 2026, where the dividend declaration will take place.Financial Performance Highlights The Group's consolidated financial results show Total Income of 9,070.22 Crores for the year ended March 31, 2026, compared to 8,559.57 Crores in the previous year.The total net profit for the period attributable to equity shareholders of the Parent for the year ended March...

TNPL Board Approves Key Leadership Changes with I.A.S. Officials Tamil Nadu Newsprint and Papers Limited (TNPL) announced significant changes to its board of directors following a board meeting held on May 22, 2026. The company approved the appointments of two senior Indian Administrative Service (I.A.S.) officers as Chairman and Managing Director and Director, respectively.The Government of Tamil Nadu (GOTN) formally appointed Thiru Kumar Jayant, I.A.S., as the Chairman and Managing Director of TNPL, with full additional charge. This appointment was made following a Government Order (G.O. Rt. No. 1537) dated April 30, 2026.Subsequently, the Government of Tamil Nadu issued another order (G.O. Rt. No. 1683) on May 13, 2026, naming...

Praxis Home Retail Secures Unsecured Inter-Corporate Loan of Rs 5.5 Crores Praxis Home Retail Limited announced on May 22, 2026, that it has entered into a Loan Agreement with CMS IT Services Private Limited. The agreement facilitates the availing of an unsecured, inter corporate loan amounting to Rs 5,50,00,000/- (Rupees Five Crores Fifty Lacs only).The financing is intended to meet the company’s working capital requirements and support general corporate purposes.According to the details of the loan agreement, CMS IT Services Private Limited is serving as the lender, while Praxis Home Retail Limited is the borrower. The transaction, executed on May 22, 2026, outlines several key financial and operational terms.The loan carries an...

Faze Three Limited Announces Standalone and Consolidated Financial Results for Fiscal Year 2026 Faze Three Limited has released its financial results for the quarter and financial year ended March 31, 2026. The results include audited standalone and consolidated statements, detailing the company's performance across its manufacturing and export segments of home textiles products.The statutory auditors, M/s. MSKA & Associates LLP, issued an audit report, providing an unmodified opinion on both the standalone and consolidated financial statements.Key Financial Results Summary (In Crores) Standalone Financial Results (For the Year Ended March 31, 2026) The company reported a Total Income of 873.07 in the year ended March 31, 2026...

Maharashtra Seamless Limited Announces Financial Results, Recommends Dividend, and Plans Registered Office Shift Maharashtra Seamless Limited (MSL) announced key corporate developments following its Board meeting on May 22, 2026. The Board considered and approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.In addition to the financial reporting, the Board also recommended a dividend payout and approved the initial steps for relocating the company's registered office.Financial Highlights and Dividend Recommendation The Board of Directors recommended a dividend, subject to the approval of the members, for the financial year 2025-26.ParameterValueRecommended...

Maharashtra Seamless Limited to Demerger Operations into Two Separate Entities Maharashtra Seamless Limited has approved a scheme of arrangement detailing the demerger of two key operational units into two new, dedicated companies: MSL Seamless Tubes Limited (MSTL) and United Seamless Limited (USL). The corporate restructuring aims to enable specialized focus and independent growth strategies for each distinct business vertical. The scheme includes an Appointed Date of October 1, 2026.The proposed scheme involves demerging two significant units from Maharashtra Seamless Limited. These include:1. Demerged Undertaking 1: This unit encompasses the seamless pipe manufacturing business located at Mangaon, Maharashtra, with a capacity of...

Valiant Organics Details Settlement Plan for Cessation as Partner of Dhanvallabh Ventures LLP Valiant Organics Limited has clarified the financial and structural details regarding its proposed material related party transaction involving its cessation as a partner of Dhanvallabh Ventures LLP (DVLLP). The clarification outlines the comprehensive settlement mechanism approved by the company's Board of Directors.The Board of Directors accorded its approval to proceed with the proposed material related party transaction with DVLLP. This transaction is structured to occur at fair market value and on an arm's length basis, facilitating Valiant Organics Limited's withdrawal as a partner from DVLLP.According to the revised details, the...

Kumaresh Chandra Misra Appointed Independent Director on Board of ASK Automobiles Private Limited ASK Automotive Limited announced the appointment of Mr. Kumaresh Chandra Misra as an Independent Director on the Board of ASK Automobiles Private Limited, which is an unlisted material subsidiary of the company. The appointment was effective from May 22, 2026.Mr. Misra, who holds the DIN number 00388546, assumes the role of Independent Director on the subsidiary's board, strengthening the company's governance structure.The article details Mr. Misra's extensive professional background and educational credentials. He is a retired Indian Administrative Service officer belonging to the 1977 batch. His career includes service in the...

Sindhu Trade Links Approves Major Capital Enhancement and Strategic Acquisitions in Mining and Coal Sectors Sindhu Trade Links Limited (STLL) announced that its Board of Directors approved a comprehensive set of business strategies on May 22, 2026. The board approved a significant increase in the company's Authorized Share Capital and approved two major strategic acquisitions—one in coal resources and another in mining and allied services—all discharged via a share swap mechanism.The Board also set the relevant date for the proposed preferential issuances and scheduled an Extraordinary General Meeting (EGM) to seek requisite shareholder approval for the matters.Capital Structure Enhancement In an effort to strengthen its financial...