Markets

Mindpool Technologies Approves FY2026 Financial Results and Strategic Amendments
Mindpool Technologies Approves FY2026 Financial Results and Strategic Amendments Mindpool Technologies Limited announced on May 21, 2026, that its Board of Directors held its 102nd Meeting (2nd Board Meeting for FY 2026-27). During the meeting, the Board approved the Audited Standalone and Consolidated Financial Results for the half year and the full year ended March 31, 2026. Additionally, the company approved critical appointments and an amendment to its amalgamation scheme.In terms of corporate governance, the Board approved the appointment of Mr. Uday Surpuriya as the Internal Auditor for the Financial Year 2026-27. The company also appointed M/s Kanj & Co. LLP, Company Secretaries, as the Secretarial Auditors for the same fiscal...
Power Mech Projects Announces FY26 Financial Results and Declares 15% Final Dividend
Power Mech Projects Announces FY26 Financial Results and Declares 15% Final Dividend Power Mech Projects Limited announced on May 20, 2026, that its Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. The board meeting also declared a final dividend and appointed a new Cost Auditor for the financial year 2025-26.Following the board meeting, the company confirmed that the audited standalone and consolidated financial results for the year ended March 31, 2026, received an unmodified opinion from the statutory auditors.Dividend and Appointment DetailsDuring the meeting, the board approved a final dividend on equity shares at a rate of 15%, corresponding to ₹1.50 per equity share of...
Awfis Space Solutions Receives Show Cause Notice Regarding FY 2023-24 Discrepancies
Awfis Space Solutions Receives Show Cause Notice Regarding FY 2023-24 Discrepancies Awfis Space Solutions Limited has received a Show Cause Notice (SCN) from the Commercial Tax Officer, Nungabakkam, Central-III, Chennai Central, Tamil Nadu. The notice concerns various discrepancies identified in the filed return statements for the Financial Year (FY) 2023-24.The Company received the notice on May 20, 2026.In terms of expected financial implications, the Show Cause Notice has raised a total demand of INR 6,52,97,283. This total amount includes both interest and penalty components.The breakdown of the financial demand raised is as follows:ComponentAmount (INR)Total Demand6,52,97,283Interest1,53,72,087Penalty46,29,562...
JSW Cement Reports Strong Growth, Achieving ₹1,240.3 Crore Operating EBITDA for FY2026
JSW Cement Reports Strong Growth, Achieving ₹1,240.3 Crore Operating EBITDA for FY2026 JSW Cement Limited announced its consolidated financial results for the fourth quarter and full year ended March 31, 2026. The company reported significant year-over-year growth across key operational metrics, driven by expansion and increased sales volumes.The company reported a Q4 FY26 Revenue of ₹1,895 Crore, reflecting an 11% year-on-year (YoY) increase compared to ₹1,709 Crore in Q4 FY25. Operating EBITDA for the quarter stood at ₹365.0 Crore, a 46% YoY increase.For the full fiscal year 2026, JSW Cement recorded Revenue from operations of ₹6,512 Crore, showing a 12% YoY jump. Operating EBITDA improved significantly to ₹1,240.3 Crore, marking...
Krebs Biochemicals Announces Audited Financial Results for FY26 and Q4 Results
Krebs Biochemicals Announces Audited Financial Results for FY26 and Q4 Results Krebs Biochemicals & Industries Ltd. announced its audited financial results for the fourth quarter and the full financial year ending March 31, 2026. The company also released its audited balance sheet and cash flow statement for the fiscal period.The results provide a comprehensive view of the company's performance across the year, with the financials prepared in accordance with Indian Accounting Standards (IND AS).Key Financial Highlights The company reported its total income of 2,575.79 lacs for the year ended March 31, 2026. This figure compares to 4,402.08 lacs reported in the previous year for the same period.In the fourth quarter alone (ended...
Digidrive Distributors Limited Announces Audited Standalone and Consolidated Financial Results for FY2026
Digidrive Distributors Limited Announces Audited Standalone and Consolidated Financial Results for FY2026 Digidrive Distributors Limited announced on May 21, 2026, that its Board of Directors approved and took note of the audited standalone and consolidated financial results for the quarter and the full financial year ended March 31, 2026.The company’s statutory auditors confirmed that both the standalone and consolidated annual financial results for the year ended March 31, 2026, have been audited and issued an unmodified opinion.Financial Performance Highlights (Rs. in Lakhs) The audited financial results provide a detailed view of the Group’s operational performance and financial position.Standalone Financial Highlights The...
Akme Fintrade Receives In-Principle Approval for Issue of 12.25 Crore Warrants
Akme Fintrade Receives In-Principle Approval for Issue of 12.25 Crore Warrants Akme Fintrade (India) Limited has received 'In-Principle' approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited for the preferential issue of warrants to its promoters and non-promoters. The approval relates to the allotment of warrants, which will subsequently convert into equity shares.The company announced the receipt of the approvals, noting that the issuance of the warrants is scheduled for Promoters and Non-Promoters on a preferential basis.According to the details provided, the total number of warrants approved for issuance is 12,25,00,000.The key details of the corporate action are as follows:DetailDescription...
Somany Ceramics Limited to Amalgamate Three Entities Following NCLT Order
Somany Ceramics Limited to Amalgamate Three Entities Following NCLT Order Somany Ceramics Limited is set to amalgamate three companies—Somany Bathware Limited, Somany Excel Vitrified Private Limited, and SR Continental Limited—following a confirmation order from the National Company Law Tribunal (NCLT), Kolkata Bench. The scheme of amalgamation involves merging the business undertakings of the three transferor companies into Somany Ceramics Limited.The Company received a corrigendum order on May 20, 2026, related to the proceedings of the NCLT, Kolkata Bench. The corrigendum order, originally dated April 24, 2026, pertains to the Scheme of Amalgamation concerning the transferor companies and the transferee company, all under the...
RHI Magnesita India’s Subsidiary Approves Sale of Industrial Land and Machinery in Chhattisgarh
RHI Magnesita India’s Subsidiary Approves Sale of Industrial Land and Machinery in Chhattisgarh RHI Magnesita India Limited has announced that its subsidiary, RHI Magnesita India Refractories Limited (RHIMIRL), has approved the sale of the industrial land and associated fixed assets at its facility in Chhattisgarh.The Board of Directors of RHIMIRL approved the sale during a meeting held on May 20, 2026. The transaction encompasses the industrial land of the plant, along with the fixed plant and machinery located on that site.The announcement follows the earlier discontinuation of operations and closure of the manufacturing facility for RHIMIRL, which is wholly owned by RHI Magnesita India Limited. The operational closure at the...
Promoters' Inter-Se Transfer: Pradeep Maheshwari Sells 13.01% Stake to Prateek Maheshwari in Brand Concepts Limited
Promoters' Inter-Se Transfer: Pradeep Maheshwari Sells 13.01% Stake to Prateek Maheshwari in Brand Concepts Limited Brand Concepts Limited saw a significant inter-se transfer of equity shares involving two promoter family members, Mr. Pradeep Maheshwari and Mr. Prateek Maheshwari. The transaction, executed through an off-market transfer, involved the movement of 1,624,220 equity shares, which constitutes 13.01% of the total shareholding capital of the company.The transaction details confirm that Mr. Pradeep Maheshwari disposed of the shares to Mr. Prateek Maheshwari, a member of the promoter group. Crucially, the transfer was undertaken without consideration, classified as an inter-se transfer by way of gift.This transaction...
Jalan Transolutions Appoints Chairman for 2026-2027; Addresses Financial Reports and Governance Matters
Jalan Transolutions Appoints Chairman for 2026-2027; Addresses Financial Reports and Governance Matters Jalan Transolutions (India) Limited held its Board Meeting on Thursday, May 21, 2026, during which the board transacted several key business matters, including the appointment of a Chairman, approval of governance structures, and the deferral of financial report considerations.During the meeting, the board appointed Mr. Manish Jalan as Chairman for the First Board Meeting for the year 2026-2027.Governance and Corporate Actions Key corporate decisions made during the meeting included the regularizing appointment of Mr. Sanjay Sharma as Independent Director. The board also noted the declaration of independence received from the...
Sakar Healthcare Signs 40th Anti-Cancer Product Agreement with Zydus Lifesciences for GCC and Emerging Markets
Sakar Healthcare Signs 40th Anti-Cancer Product Agreement with Zydus Lifesciences for GCC and Emerging Markets Sakar Healthcare Limited has announced a major strategic development, signing an agreement with Zydus Lifesciences. The agreement focuses on supplying oncology products within the Gulf Cooperation Council (GCC) and other emerging markets, marking a significant milestone for the company.This partnership represents the 40th global agreement Sakar has secured for anti-cancer products, reinforcing its expanding presence in the global pharmaceutical supply chain.Global Regulatory and Marketing Authorization Milestones The company detailed robust progress across its global regulatory filings, particularly within the European...
Shree OSFM E-Mobility Announces Audited Financial Results for the Half and Year Ended March 31, 2026
Shree OSFM E-Mobility Announces Audited Financial Results for the Half and Year Ended March 31, 2026 Shree OSFM E-Mobility Limited, formerly Shree OSFM E-Mobility Private Limited, reported its audited financial results for the half year and full year ended March 31, 2026. The Board of Directors reviewed these results during its meeting held on May 21, 2026.During the meeting, the Board of Directors took on record the audited financial results for the half year and year ended March 31, 2026, along with the audit report. Management also confirmed the receipt of certificates concerning the utilization and non-utilization of funds.The company also provided a statement of assets and liabilities, along with its statement of cash flows...
Sinclairs Hotels Limited Appoints Internal Auditor for 2026-27
Sinclairs Hotels Limited Appoints Internal Auditor for 2026-27 Sinclairs Hotels Limited announced that its Board of Directors, at a meeting held on May 21, 2026, approved the appointment of Mukherjee Biswas & Pathak, Chartered Accountants, to serve as the Internal Auditor for the company for the financial year 2026-27.The appointment of the accounting firm was made based on the recommendation of the company's Audit Committee.Mukherjee Biswas & Pathak, identified with FRN: 301138E, is the appointed Internal Auditor for the period spanning the financial year 2026-27.The appointed firm has an established history, having been set up in 1970. Mukherjee Biswas & Pathak provides a range of professional services, including Accounting...
Cemindia Projects Limited Former Employee and Company Discharged by Vijayawada Court
Cemindia Projects Limited Former Employee and Company Discharged by Vijayawada Court Cemindia Projects Limited announced that the former employee and the Company have been discharged from a criminal case by the Court of Special Judge for SPE & ACB Cases in Vijayawada.The matter pertains to a criminal case initially registered by the State ACB, CIU, A.P., Vijayawada, against a former employee and a former representative of Cemindia Projects Limited, as well as the Company itself. The allegations involved attempting to bribe public servants, invoking offences under the Prevention of Corruption Act, 1988 read with the Indian Penal Code, 1860.The company had previously communicated about the case, following earlier records from January...
S A Tech Software India Limited Approves Scheme of Amalgamation with Mindpool Technologies Limited
S A Tech Software India Limited Approves Scheme of Amalgamation with Mindpool Technologies Limited The Board of Directors of S A Tech Software India Limited has approved a draft scheme of arrangement detailing the amalgamation between S A Tech Software India Limited and Mindpool Technologies Limited. The Scheme outlines the merger of the two entities, subject to requisite approvals from shareholders and creditors and other statutory authorities.The amalgamation involves S A Tech Software India Limited acting as the Transferee Company and Mindpool Technologies Limited acting as the Transferor Company.Synergy and Transaction Structure The merger is structured to combine the complementary strengths of both companies. The rationale...
PCBL Chemical Limited Reports Status of Physical Share Transfer Processing for April 2026
PCBL Chemical Limited Reports Status of Physical Share Transfer Processing for April 2026 PCBL Chemical Limited, formerly known as PCBL Limited, has issued an update regarding the processing of physical share transfers. The company confirmed the status of physical shares received from shareholders and processed during the month of April 2026.The report details the activity managed by the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, concerning the re-lodgement of physical share transfer requests.According to the data provided for the period of April 2026, the following metrics were recorded:CategoryRequests Received During the MonthRequests Processed During the MonthApproved RequestsRejected...
NIBE Limited Successfully Completes Technical Trials of Vayu Astra-1 Loitering Munition
NIBE Limited Successfully Completes Technical Trials of Vayu Astra-1 Loitering Munition NIBE Limited, a prominent Indian defense technology company, has announced the successful completion of technical trials for its Vayu Astra-1 Loitering Munition. The trials were conducted at various locations, demonstrating the munition’s capabilities across anti-personal, anti-armor, and endurance flight domains.During testing at the Pokhran Range in Rajasthan, the Vayu Astra-1 Loitering Munition successfully completed its first technical trial using a 10 kg warhead. The munition was recorded striking a target 100 km away in a single attempt, maintaining a Circular Error Probability (CEP) under 1 meter. The test successfully demonstrated abort...
Xpro India Limited Announces Audited Financial Results for Q4 FY26
Xpro India Limited Announces Audited Financial Results for Q4 FY26 New Delhi, May 21, 2026 - Xpro India Limited, a diversified multi-locational company focused on the polymer processing industry, has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported key financial highlights and operational updates reflecting its performance in the quarter.Q4 FY26 Financial Performance Snapshot The financial results provide a detailed look at the company's standing across the fiscal year 2026 and the previous year.Xpro India Limited reported the following key financial figures (Standalone Basis):Particulars (Rs. Crs.)Q4 FY26Q4 FY25Y-o-Y ChangeQ3 FY26Q-o-Q ChangeFY26FY25Y-o-Y Change...
Mindpool Technologies Appoints Mr. Uday Surpuriya as Internal Auditor for FY 2026-27
Mindpool Technologies Appoints Mr. Uday Surpuriya as Internal Auditor for FY 2026-27 Mindpool Technologies Limited announced the re-appointment of Mr. Uday Surpuriya as the company's Internal Auditor for the Financial Year 2026-27. The Board of Directors approved this appointment during a meeting held on Thursday, May 21, 2026.The company confirmed that the appointment serves as a re-appointment for the upcoming fiscal year.According to the company records, the key details of the internal audit appointment are summarized below:ParticularsDetailsRoleInternal AuditorAppointed IndividualMr. Uday SurpuriyaPeriod of AppointmentFY 2026-27Date of AppointmentMay 21, 2026Mr. Uday Surpuriya's profile indicates that he is a...
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