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Mangal Credit and Fincorp Limited to Hold Board Meeting to Approve Financial Results and Recommend Dividend
Mangal Credit and Fincorp Limited to Hold Board Meeting to Approve Financial Results and Recommend Dividend Mangal Credit and Fincorp Limited has scheduled a Board Meeting for Thursday, May 28, 2026. The meeting is slated to address critical corporate matters, including the approval of the company's annual financial results and the recommendation of a final dividend.During the meeting, the directors will consider, approve, and take on record the Audited Financial Results of the Company, along with the accompanying Auditor's Report, for the quarter and financial year ended March 31, 2026.A primary focus of the Board Meeting will also be the recommendation of a final dividend on the equity shares of the Company for the financial year...
HDFC Asset Management Announces AGM Date and Key Dates for Final Dividend
HDFC Asset Management Announces AGM Date and Key Dates for Final Dividend HDFC Asset Management Company Limited announced the outcomes of its Board Meeting, which was held on May 21, 2026. The company confirmed key dates for its Annual General Meeting (AGM) and established the record date for shareholders eligible to receive the final dividend.The announcement referenced the previous recommendation made by the Board of Directors on April 16, 2026. At that meeting, the Board had recommended a final dividend of Rs. 54/- per equity share of Rs. 5/- each for the financial year ended March 31, 2026, subject to approval by the shareholders at the ensuing Annual General Meeting.The Board of Directors met on May 21, 2026, and approved...
Polysil Irrigation Systems Allots 40 Lakh Equity Shares Following Warrant Conversion
Polysil Irrigation Systems Allots 40 Lakh Equity Shares Following Warrant Conversion Polysil Irrigation Systems Limited announced that its Board of Directors approved the allotment of 40,00,000 equity shares of the company. The decision was reached during the Board meeting held on May 21, 2026.The allotment was made against the exercise and conversion of 40,00,000 convertible warrants. The equity shares, which have a face value of Rs. 10/- each, were allotted upon the receipt of the balance subscription amount of Rs. 13.15 per warrant, which represents 75% of the issue price.Following the successful allotment, the post-issue paid-up equity share capital of Polysil Irrigation Systems Limited has exceeded Rs. 25 Crores.The...
Mega Flex Plastics Limited Reports on GST Litigation After Calcutta High Court Judgment
Mega Flex Plastics Limited Reports on GST Litigation After Calcutta High Court Judgment Mega Flex Plastics Limited has disclosed material details regarding a long-standing classification dispute concerning its polypropylene leno bags, following a judgment issued by the Hon'ble Division Bench of the Calcutta High Court. The litigation pertains to whether the product falls under HSN 3923 2900, taxable at 18%, or HSN 6305 33 00, taxable at 5%.The dispute originated when, for the quarter ending December 31, 2024, the Company made a payment under protest. This payment amounted to Rs. 6,57,38,093/-, representing differential GST. This payment followed an order dated October 25, 2018, issued by the West Bengal Appellate Authority for Advance...
Coforge Launches Aeronova.AI Framework to Modernize Airline Retailing Operations
Coforge Launches Aeronova.AI Framework to Modernize Airline Retailing Operations Coforge, an AI-native engineering services leader, has launched Aeronova.AI, a purpose-built framework designed to assist airlines in transitioning safely and predictably toward Offer, Order, Settlement and Delivery (OOSD) operations. This new offering aims to help carriers modernize their retailing capabilities while ensuring protection for revenue continuity, operational stability, and customer experience throughout the transformation journey.The launch of Aeronova.AI addresses the complex challenge facing the airline industry as it accelerates its shift toward modern retailing. The AI-enabled framework is specifically designed to help carriers move...
WeWork India Management Announces Audited Financial Results for Quarter and Year Ended March 31, 2026
WeWork India Management Announces Audited Financial Results for Quarter and Year Ended March 31, 2026 WeWork India Management Limited, formerly known as WeWork India Management Private Limited, announced the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, following its Board meeting held on May 21, 2026.The company confirmed that S.R. Batliboi & Associates LLP, Chartered Accountants, issued audit reports with unmodified opinions on the financial results for both the quarter and the year.Standalone Financial Results The audited standalone financial results provided a comprehensive view of the company's performance and position. The audited statements cover the quarter...
Teamlease Services Gains Stay Order from High Court of Karnataka in EPFO Matter
Teamlease Services Gains Stay Order from High Court of Karnataka in EPFO Matter Teamlease Services Limited announced that it has secured a Stay Order from the Hon'ble High Court of Karnataka. The order relates to the company's Writ Petition, which was filed following the receipt of a Show Cause Notice from the Employees' Provident Fund Organisation (EPFO).The development marks a key status update concerning the ongoing legal proceedings involving the company.Legal Proceedings Timeline The company initially received a Show Cause Notice from the EPFO. Consequently, Teamlease filed a Writ Petition before the Hon'ble High Court of Karnataka on May 12, 2026. Subsequently, on May 20, 2026, the company received a Stay Order from the High...
JSW Cement Announces Audited Results for FY 2026 and Approves 2.5 MTPA Capacity Addition in Nagaur
JSW Cement Announces Audited Results for FY 2026 and Approves 2.5 MTPA Capacity Addition in Nagaur JSW Cement Limited announced the approval of its audited standalone and consolidated financial results for the quarter and full financial year ending March 31, 2026, during a Board meeting held on May 21, 2026. The board meeting also saw the recommendation of a dividend and the approval for the addition of 2.5 Million Tonnes Per Annum (MTPA) cement grinding capacity at its Nagaur unit in Rajasthan.The company confirmed that the audited financial results for the quarter and full year were subject to an unmodified opinion from the statutory auditors, Deloitte Haskins & Sells LLP.Financial Performance Overview The board approved the...
Aptech Board Consents to Reclassify Utpal Sheth from Promoter to Public Shareholder
Aptech Board Consents to Reclassify Utpal Sheth from Promoter to Public Shareholder Aptech Limited's Board of Directors met on Wednesday, May 20, 2026, to consider and approve the request for the reclassification of Mr. Utpal Sheth from the 'Promoter Group' category to the 'Public' category.The company received a request letter dated April 29, 2026, from Mr. Utpal Sheth concerning this reclassification.The Board of Directors noted that as of the date of the request letter, Mr. Utpal Sheth held 9,08,000 shares, accounting for 1.57% of the paid-up equity share capital of Aptech Limited.The Board reviewed the details and confirmed that Mr. Utpal Sheth affirmed several conditions, including that he does not together hold more than 10%...
Viviana Power Tech Allots INR 20 Crore in Secured Non-Convertible Debentures via Private Placement
Viviana Power Tech Allots INR 20 Crore in Secured Non-Convertible Debentures via Private Placement Viviana Power Tech Limited announced the allotment of Secured Non-Convertible Debentures (NCDs) totaling INR 20,00,00,000/-. The allotment, which took place on May 21, 2026, was approved by the company's Debenture Allotment Committee and executed on a private placement basis.The company issued 20,000 Senior, Secured, Listed, Rated, Redeemable Non-Convertible Debentures. Each debenture has a face value of INR 10,000, resulting in an aggregate issue size of INR 20 Crores.The details of the issued securities, along with their terms and structure, are outlined below:ParticularsDetailsIssue Name12.00% Viviana Power May 2028Issue...
Akg Exim Limited Appoints Additional Directors Kalapi Vinit Nagada and Dayashankar Patel
Akg Exim Limited Appoints Additional Directors Kalapi Vinit Nagada and Dayashankar Patel Akg Exim Limited has announced the appointment of two additional directors: Mr. Kalapi Vinit Nagada and Mr. Dayashankar Patel. The Board of Directors approved these appointments through a Circular resolution on May 20, 2026. Both appointments are set to be effective from May 14, 2026, pending shareholder approval.The Board approved the appointment of Mr. Kalapi Vinit Nagada (DIN: 02876927) as an Additional Director (Non-Executive Non-Independent) and Mr. Dayashankar Patel (DIN: 05171043) as an Additional Director (Independent).New Board Additions Mr. Kalapi Vinit Nagada is an accomplished entrepreneur, film producer, distributor, and business...
Ajooni Biotech Appoints N. Kumar & Company as Internal Auditors for Fiscal Year 2025-26
Ajooni Biotech Appoints N. Kumar & Company as Internal Auditors for Fiscal Year 2025-26 Ajooni Biotech Limited announced that its Board of Directors has appointed M/s. N. Kumar & Company, Chartered Accountants, Punjab, to serve as the company's Internal Auditors for the Fiscal Year 2025-26.The decision was taken during the Board of Directors meeting held on Thursday, May 21, 2026.Ajooni Biotech Limited confirmed the appointment of the accounting firm to handle the internal audit function for the stipulated financial year. The company has provided the firm's profile along with the formal notice regarding the appointment.AJOONI Stock Price Movement Shares of Ajooni Biotech Limited are edging higher to ₹4.19 as of 1:32 PM today...
Sinclairs Hotels Limited Approves FY 2025-2026 Results and Recommends 40% Dividend
Sinclairs Hotels Limited Approves FY 2025-2026 Results and Recommends 40% Dividend Sinclairs Hotels Limited announced that its Board of Directors, at a meeting held on May 21, 2026, considered and approved the Audited Financial Statements for the year ended March 31, 2026, and the Audited Financial Results for the quarter and financial year ended March 31, 2026. The Board also recommended a final dividend of 40% on the company's equity shares.The Board noted the Audit Report issued by M/s B S R & Co. LLP, Chartered Accountants, which was issued with an unmodified opinion regarding the financial results for the quarter and financial year ended March 31, 2026.The recommended final dividend is set at 40%, which translates to Re 0.80...
RPSG Ventures Announces Financial Results and Re-appointment of Independent Director
RPSG Ventures Announces Financial Results and Re-appointment of Independent Director RPSG Ventures Limited announced its financial results and board resolutions following its board meeting held on May 21, 2026. The Board of Directors considered and approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ending March 31, 2026.Financial Performance Review The company released detailed financial data for the quarter and year ended March 31, 2026, providing both standalone and consolidated views of its performance.Standalone Financial Highlights The Standalone Statement of Assets and Liabilities for the Quarter and Year ended March 31, 2026, showed the following key figures (in Rs. crore)...
Jubilant Ingrevia Limited Receives Assessment Order for FY2022-23 from Income Tax Department
Jubilant Ingrevia Limited Receives Assessment Order for FY2022-23 from Income Tax Department Jubilant Ingrevia Limited recently received an assessment order from the Assessment Unit, Income Tax Department, concerning the Assessment Year 2023-24, which corresponds to the Financial Year 2022-23. The order was received on May 20, 2026.The department's assessment order details notional adjustments made under India Transfer Pricing Rules. These adjustments relate specifically to international transactions involving Associated Enterprises.The financial details of the assessment are summarized below:AuthorityOrder DateAssessment YearDetails of Violation/ContraventionQuantifiable Financial ImpactAssessment Unit, Income Tax...
Wheels India Ltd Announces Final Dividend for Year Ended March 31, 2026
Wheels India Ltd Announces Final Dividend for Year Ended March 31, 2026 Wheels India Ltd announced details regarding the final dividend for the financial year ended March 31, 2026. The company confirmed several key dates for the dividend process, beginning with the Board of Directors recommending the payout.The Board of Directors recommended the final dividend on May 15, 2026. The rate of the dividend has been set at Rs. 9.14 per equity share, which is based on the face value of Rs. 10/- each, representing a 91.4% yield.The company outlined the critical timeline for shareholders to note the dividend payment.EventDateDate of recommendation of the final dividend for the year ended 31.03.2026 by the Board of Directors15.05.2026...
Intellect Design Arena Recognized as Notable Vendor in Forrester's AI Platforms Landscape, Q1 2026
Intellect Design Arena Recognized as Notable Vendor in Forrester's AI Platforms Landscape, Q1 2026 Intellect Design Arena, a global leader in AI-First, enterprise-grade financial technology, has been recognized as a 'notable vendor' in Forrester's The AI Platforms Landscape for Q1 2026. The recognition is specifically for Purple Fabric, described as the world's first open business impact AI platform.The announcement indicates that the recognition underscores Purple Fabric's increasing importance among enterprise AI platforms, particularly in reshaping how regulated industries adopt and scale AI solutions while maintaining trust, governance, and measurable business impact.Forrester Research's AI Platforms Landscape, Q1 2026, surveyed...
Praruh Technologies to Hold Board Meeting to Approve FY 2026 Financial Results and Appoint New Leadership
Praruh Technologies to Hold Board Meeting to Approve FY 2026 Financial Results and Appoint New Leadership Praruh Technologies Ltd. has scheduled a Board of Directors meeting for Friday, May 29, 2026. The meeting, which will be held at the company's registered office in Noida, Uttar Pradesh, via video conferencing, is set to consider and approve several key corporate matters, including the audited financial results and critical management appointments.The agenda highlights the review of the company's performance for the half year and the full year ended March 31, 2026. Furthermore, the board is slated to note the disclosure of related party transactions for the half year ended March 31, 2026.The company's financial governance agenda...
Bosch, Brakes India, and Wheels India Form Joint Venture to Drive Commercial Vehicle Air Systems Growth
Bosch, Brakes India, and Wheels India Form Joint Venture to Drive Commercial Vehicle Air Systems Growth Bosch Limited, along with Brakes India Private Limited (BIPL) and Wheels India Limited (WIL), subsidiaries of the TSF Group, have announced the formation of a joint venture aimed at driving growth within air systems for the commercial vehicle segment. This strategic partnership intends to leverage shared capabilities to deliver enhanced value to customers.The new joint venture will establish a 50:50 partnership between Bosch and TSF Group companies, represented by Brakes India and Wheels India. The collaboration focuses on the engineering, manufacturing, and sales of electronically controlled and software-driven modules. These...
INOX India Ltd Secures Multiple Orders Worth ₹322 Crore, Driven by Cryogenic Business
INOX India Ltd Secures Multiple Orders Worth ₹322 Crore, Driven by Cryogenic Business Vadodara, May 21, 2026: INOX India Limited, a leading cryogenic technology solution provider, announced it has received orders totaling ₹322 Crore since April 2026. The order intake spans multiple business segments, including Industrial Gas, Cryo-scientific Solutions, and LNG, underscoring continued confidence in the company’s cryogenic capabilities.The total order value is broken down into three main segments: ₹242 Crore in the Industrial Gas segment, ₹39 Crore in the LNG segment, and ₹38 Crore in the Cryo-scientific Solutions segment, in addition to other orders.The company's order book received a significant boost from a 'Mega' order within the...
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