Markets

Jubilant FoodWorks Receives Order from Haryana Pollution Control Board Regarding Store Operations Jubilant FoodWorks Limited, a Jubilant Bhartia Company, has received an order from the Haryana State Pollution Control Board concerning the operation of its store in Ballabgarh, Faridabad, Haryana. The Board issued the order on May 12, 2026, addressing the company for operating the location without obtaining prior consent to operate for Air and Water.The violation detailed in the communication pertains to operating the store without securing prior consent under the Water (Prevention and Control of Pollution) Act, 1974, and/or the Air (Prevention and Control of Pollution Act, 1981).The Haryana State Pollution Control Board directed...

Rapid Fleet Management Services Announces Audited Financial Results for FY26 and H2FY26 Rapid Fleet Management Services Limited, a Chennai-headquartered B2B road transportation company listed on the NSE SME platform, has announced its Audited Financial Results for the Financial Year ended March 31, 2026.The company’s performance was driven by strong execution across its existing customer base, which spans sectors including FMCG, the automobile industry, electronics, white goods, and renewables.Audited Financial Performance For the Financial Year 2026, the company reported robust growth across key financial metrics.Metric (in Lakhs)FY26Year-over-Year GrowthRevenue20,435.081851%EBITDA2,841.3220.45%PBT1,667.8123.0%...

Transformers And Rectifiers Secures Order Worth Rs. 228.26 Crore from GETCO Transformers And Rectifiers (India) Limited announced the receipt of a substantial order valued at Rs. 228.26 Crore. The contract was awarded by the Gujarat Energy Transmission Corporation Limited (GETCO) for the manufacturing of key electrical components.The contract details indicate that the order is for 6 Transformers and 2 Reactors, along with associated related work. The company stated that the transaction falls under the normal course of business and does not constitute a related party transaction.The order is designated as being provided by a domestic entity, and the anticipated delivery timeline for the Transformers and Reactors is on or before...

Fujiyama Power Systems Approves 1.2 GW TopCon Solar Cell Facility at Ratlam, Madhya Pradesh Fujiyama Power Systems Limited, a leading provider of rooftop solar solutions in India, announced that its Board has approved the setting up of a 1.2 GW TopCon solar cell manufacturing facility at its Ratlam Plant in Madhya Pradesh. The expansion significantly boosts the company's integrated manufacturing capabilities across the solar value chain.The company, which specializes in solar panels, inverters, batteries, chargers, and power-electronics systems, currently operates a 1 GW Mono PERC solar cell manufacturing facility at its Dadri plant in Uttar Pradesh. The addition of 1.2 GW of TopCon capacity at Ratlam will substantially enhance...

LTM to Acquire Randstad's Technology and Consulting Services in Europe and Australia LTM Limited, formerly LTIMindtree Limited, and Randstad have announced a major collaboration, with LTM issuing an offer to acquire Randstad's Technology and Consulting Services business across Europe and Australia. The proposed acquisition aims to scale domain-driven solutions and AI services for LTM.The deal is valued at USD 500+ million (€469M) in annual revenue. Following the acquisition, LTM's presence will expand in key markets, specifically across Aerospace & Defence, Automotive, Utilities, and BFS.The proposed acquisition will be executed through LTM's wholly owned subsidiary, LTIMindtree UK Limited, and involves targeting Randstad's IT...

WABAG Secures Design, Build, and Operation Order for Delhi’s Wastewater Treatment Plant VA Tech Wabag Limited, a pure-play water technology Indian Multinational Group, has secured a 'medium' value Design, Build, Operate (DBO) order from the Delhi Jal Board (DJB). The contract involves the comprehensive management of a State-of-the-Art Wastewater Treatment Plant (WWTP) at Mitraon in Delhi.The agreement encompasses Design, Engineering, Construction and Commissioning (EPC), followed by Operation & Maintenance (O&M) services. The project covers a 17 MGD WWTP, along with associated infrastructure, including a Sludge Dewatering Facility, Pumping Stations, and related piping works.The WWTP represents a significant infrastructure initiative...

RPG Life Sciences Announces Annual Investor Conference 2026 RPG Life Sciences Ltd has scheduled its Annual Investor Conference for 2026. The company has provided details regarding the event, which is set to take place in person.The RPG Annual Investor Conference 2026 is scheduled for May 26, 2026. The meeting is structured to facilitate both one on one and group discussions with investors.The details of the upcoming Investor Conference are presented below:DateEventModeNature of MeetingMay 26, 2026RPG Annual Investor Conference 2026In PersonOne on One/Group MeetRPGLIFE Stock Price Movement RPG Life Sciences Limited shares slipped by 1.30% on Thursday, settling at ₹2274.2. The stock recorded a total volume of 3,758 shares...

Dalmia Bharat acquires 5.2 MnTPA cement capacity, targeting pan-India expansion Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has executed a Business Transfer Agreement for the acquisition of multiple cement plants located in the Central Region. The acquisition, valued at an Enterprise Value of Rs 2,850 Cr, significantly boosts Dalmia Bharat’s cement manufacturing capacity and supports the company’s goal of becoming a pan-India player.The agreement was executed on May 21, 2026, with Jaiprakash Associates Limited (JAL), which was acquired by the Adani Group under the Insolvency & Bankruptcy Code, and Adani Infra (India) Limited.Capacity and Asset Details The acquired cement undertaking comprises...

GMR Power and Urban Infra Reports FY26 Financial Results Amid Strategic Focus on Smart Mobility and Renewable Energy GMR Power and Urban Infra Limited reported its audited financial results for the quarter and year ended March 31, 2026. The company highlighted key operational performance across its energy, smart metering, and urban infrastructure segments, alongside strategic corporate developments in renewable energy and asset monetization.Financial Performance Summary GPUIL achieved a Total Income of INR 77.5bn in FY26, marking a 13% year-over-year (YoY) increase. For the fourth quarter of FY26 (Q4FY26), Total Income was INR 20.7bn, reflecting an 11% YoY rise and a 3% quarter-over-quarter (QoQ) increase.Key consolidated financial...

Viviana Power Tech Limited Receives In-Principle Approval to Migrate Shares from SME Platform to Main Board Viviana Power Tech Limited has received in-principle approval for the migration of trading in its equity shares from the SME Platform (EMERGE) to the Main Board, according to communications received from the National Stock Exchange of India (NSE).The NSE granted the in-principle approval regarding the proposed migration of trading in the company's equity shares. The development marks a significant milestone for the company's listing status, enabling its trading move from the specialized SME platform to the main exchange board.The approval details concern the transfer of 10,124,800 equity shares, each having a face value of Rs...

Power Mech Projects Reports 16% Y-o-Y Growth in 12-Month Revenue, Secures Strong Order Book Power Mech Projects Limited has reported its financial results for the quarter and year ended March 31, 2026, highlighting sustained growth momentum and a robust order book across its power and infrastructure services. The company showcased significant year-over-year increases in revenue and EBITDA for the twelve-month period.The company remains positioned as a leading industrial and infrastructure services provider, leveraging its integrated and diversified business model across multiple complementary segments: Erection, Testing & Commissioning, Operations & Maintenance (O&M), Civil Construction, and Mining, Development & Operations (MDO)...

Jaiprakash Associates Completes Major Transactions and Restructures Capital as Resolution Plan Moves to Effective Date Jaiprakash Associates Limited (JAL) announced key operational and structural changes following the Monitoring Committee's meeting on May 21, 2026, marking the advanced implementation of the Approved Resolution Plan. The meeting facilitated the consummation of major sale transactions, approved a significant allotment of equity shares to Adani Infra India Limited (AIIL), and finalized the company’s capital structure.During the proceedings of the fourth Monitoring Committee (MC) Meeting held on May 21, 2026, the company reported that the sale transactions with Adani Power Limited and Adani Ports and Special Economic Zone...

Engineers India Limited Announces Financial Results and Recommends Final Dividend for FY 2025-26 Engineers India Limited (EIL) announced the outcomes of its Board of Directors meeting held on May 21, 2026. During the meeting, the Board approved the audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2026, along with the audited results for the quarter ended March 31, 2026.The Board of Directors also recommended a final dividend of ₹2.50 (Rupee two and fifty paisa only) per share on the equity shares for the financial year 2025-26. This final dividend, which is subject to the approval of the shareholders at the ensuing Annual General Meeting, is in addition to the interim dividend of ₹2.50 per...

Wakefit Innovations Announces FY26 Results, Reports 16.9% Revenue Growth Wakefit Innovations Limited, India’s D2C home and furnishing solutions provider, announced its audited financial results for the quarter and financial year ended March 31, 2026. The company provided key updates on its financial performance, operational metrics, and future growth strategies.Financial Results for Q4FY26 and FY26 The financial results highlight the company’s revenue growth and profitability across both the quarterly and full-year periods.For the quarter and year ended March 31, 2026, key financial metrics (in INR mn) were as follows:Particulars (INR mn)Q4FY26Q4FY25YoYFY26FY25YoYRevenue from Operations3,436.03,026.113.5%14,889.412,736.916.9%...

Allcargo Terminals Reports 46% Year-on-Year Growth in FY26 Net Profit; Volumes Rise to 7.23 Lakh TEUs Allcargo Terminals Limited announced its financial results for the fiscal year ended March 31, 2026. The company reported a consolidated net profit of ₹44 crore in FY26, marking a significant 46% year-on-year growth. Furthermore, EBITDA increased to ₹1 62 crore, reflecting a 26% year-on-year rise.Annual volumes also showed healthy growth, increasing to 7.23 lakh TEUs, a 7% year-on-year increase.Financial Summary for Fiscal Years The consolidated financial results highlight the growth across key metrics for FY26 compared to FY25.Particulars (in ₹ Crs)Q4FY26Q4FY25Y-o-Y (%)FY26FY25Y-o-Y (%)Revenue20818612%8217588%...

SPR Auto Technologies Fully Utilizes Funds from NCD Issuance; No Deviation Reported SPR Auto Technologies Limited, formerly Shriram Pistons & Rings Limited, has confirmed the complete utilization of proceeds raised from its Non-Convertible Debentures (NCDs). The company stated that the funds were used in compliance with the objects defined in the Key Information Document dated February 17, 2026.The company issued two series of debentures through a private placement: Series I Debentures and Series II Debentures, both having a face value interest rate of 7.30% and 7.35%, respectively.According to the details provided, the funds were raised on February 23, 2026, and were fully utilized against their raised amounts.A table detailing...

Allied Digital Services Limited Reports Highest Ever Annual Revenues in FY26 Allied Digital Services Limited (ADSL), a global IT Services and Solutions Provider, has reported its financial results for the fourth quarter and financial year ended March 31, 2026. The company announced record annual revenues for FY26, demonstrating strong performance across key operational areas.Consolidated Financial Performance ADSL reported a significant performance uplift in Q4 FY26, marked by robust year-on-year growth across key metrics.The consolidated financial data for the last three years is presented below:Metric (In Rs. Cr)Q4 FY26Q3 FY26Q4 FY25YoY GrowthFY26FY25YoY GrowthRevenue26824720431%96880720%EBITDA*32312812%1129914%...

Prestige Estates Posts Strong FY26 Performance, Achieving Highest Ever Revenue and Doubling Profit Bengaluru, May 21, 2026: Prestige Estates Projects Limited announced its financial results for the quarter and the year ended March 31, 2026. The company reported strong growth across key financial metrics, attributing the performance to robust project execution, sustained customer demand, and healthy operational momentum across major markets.The company noted that for FY26, sales reached Rs 3,00,245 million, with collections amounting to Rs 1,85,146 million, figures that underscore continued demand strength and robust cash flow generation across its development portfolio.Financial Highlights Overview Prestige Estates reported...

Gem Aromatics Announces Sequential Improvements in Financial Performance and Operational Updates Gem Aromatics Ltd., a manufacturer and exporter of essential oils and aroma chemicals, announced its un-audited financial results for the quarter and audited financial results for the Full Year ended March 31, 2026. The company, a provider of specialty ingredients and value-added derivatives, reported performance improvements driven by recovering domestic and global demand.Gem Aromatics Ltd. is a well-established player in the specialty ingredients market, with a diverse portfolio exceeding 80 products covering Mint & Mint Derivatives, Clove & Clove Derivatives, and various synthetic and natural ingredients. These products cater to...

Ashoka Buildcon Reports Q4 FY26 and FY26 Results; Announces Key LOAs and Order Book Details Ashoka Buildcon Limited, an integrated EPC, BOT, and HAM player, announced its audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026. The company also announced several major contract wins and operational updates across multiple international and domestic projects.Financial Performance Review For the fiscal year 2026, the company reported key financial figures, with standalone results highlighting a 63% increase in Profit After Tax year-over-year (Y-o-Y).The standalone financial performance for the quarter and full year ended March 31, 2026, is detailed below:Particulars (Rs. Crs.)Q4...