Markets

Capri Global Capital Receives BB-/Stable Credit Rating for USD1 Billion Note Programme Capri Global Capital Limited announced that Fitch Ratings Limited has assigned a credit rating to its USD1 Billion Global Medium-Term Note (GMTN) programme.The ratings for the Global Medium-Term Note programme were assigned by Fitch Ratings. The company confirmed that the ratings were received on May 20, 2026.The specific rating details are as follows:Credit Rating AgencyRating TypeFitch RatingsBB-/StableThe credit rating agency published the rationale for the assignment on their website. Capri Global Capital Limited confirmed that the details were available to the company on May 20, 2026, and the rationale was also made available on...

CARYSIL Limited Board Approves FY26 Financial Results and Recommends Final Dividend CARYSIL Limited announced on May 20, 2026, that its Board of Directors convened a meeting to consider and approve the audited financial statements and financial results for the year ending March 31, 2026. The Board also recommended a Final Dividend for the fiscal year.During the board meeting, the company considered and approved the audited financial results (both standalone and consolidated) for the quarter and year ended March 31, 2026, as recommended by the Audit Committee.The company recommended a Final Dividend of Rs. 3/- per share, based on a face value of Rs. 2/- each, for the financial year ended March 31, 2026. The payment of this dividend...

DOMS Industries Limited Receives Final Customs Order Regarding GST Short Payment DOMS Industries Limited recently received a Final Order from the Office of the Commissioner of Customs (Appeals), Mumbai-II, concerning the alleged misclassification of certain goods the company imported. The order, issued on May 05, 2026, relates to a shortfall payment of Goods and Services Tax (GST) and arose under the Customs Act, 1962.The action follows an initial Order-in-Original, dated November 30, 2023, issued by the Office of the Commissioner of Customs, NS-V. The company, having appealed the original order, received the Final Order, which upheld the core findings of the Order-in-Original while allowing for modifications in the demand...

Kaya Limited Approves FY2026 Financial Results and Extends Director Loans Kaya Limited announced the approval of its standalone and consolidated audited financial results for the quarter and full financial year ended March 31, 2026. Additionally, the Board of Directors sanctioned the extension of loans availed by the Company from key directors.At its board meeting held on May 20, 2026, the directors approved the audited financial results. The statutory auditors issued an unmodified opinion on the financial results for the quarter and the financial year ended March 31, 2026.The Board also sanctioned the extension of loans taken from Mr. Harsh Mariwala and Mr. Rajendra Mariwala, both directors of the Company. Each loan, originally...

Jubilant Foodworks Limited Grants Stock Options Under Two Schemes Jubilant Foodworks Limited confirmed that its Nomination, Remuneration and Compensation Committee (NRC) granted stock options under two distinct schemes during a meeting held on May 20, 2026. The options were granted under the JFL Employees Stock Option Scheme 2011 and the JFL Employees Stock Option Scheme 2025.The company announced the details of the grants, indicating specific numbers of stock options and their corresponding terms for eligible employees.A detailed comparison of the provisions for both the ESOP 2011 and ESOP 2025 is provided below:FeatureJFL Employees Stock Option Scheme 2011 (ESOP 2011)JFL Employees Stock Option Scheme 2025 (ESOP 2025)Options...

Sanghvi Movers Board Approves FY2026 Results, Recommends 200% Dividend Sanghvi Movers Limited announced the approval of its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors also recommended a final dividend and proposed the re-appointment of statutory auditors for the next five-year term.The Board meeting, held on May 20, 2026, reviewed the financial performance, noting key operational segment revenues. The Company also recommended a final dividend of Rupees 2.00/- (200%) per equity share of Rupees 1/- each, subject to the approval of the shareholders at the ensuing Annual General Meeting.Furthermore, the Board approved the re-appointment of M/S MSKA & Associates LLP, Chartered...

Ola Electric Reports Strong Gross Margin and Cash Flow Improvement in Q4 FY26 Ola Electric Mobility Limited reported significant operational improvements and key financial milestones for the fourth quarter of the fiscal year 2026 (Q4 FY26), highlighting a fundamental reset and scaling efforts across its core business segments.The company emphasized that FY26 served as a period to strengthen operational fundamentals, focusing on product quality, gross margins, and cash discipline. Management noted that while Q4 was a low-volume quarter, it successfully demonstrated the reset working, achieving key milestones.Q4 FY26 Performance Highlights Ola Electric reported the following key performance indicators for Q4 FY26:MetricQ4 FY26...

JD Cables to Hold Board Meeting on May 29 to Approve Half-Year Financial Results JD Cables Ltd has scheduled a meeting of its Board of Directors for Friday, May 29, 2026, at 04:00 P.M. The board meeting is set to address the company's audited financial performance and key appointments for the upcoming fiscal year.The meeting is planned to consider and approve several major corporate items.Agenda ItemDescriptionAudited Financial ResultsConsideration and approval of the audited financial results for the half year and the year ended as on March 31, 2026, along with the Auditors Report.Cost Auditor AppointmentAppointment of a Cost Auditor for the Financial Year (FY) 2026-27 for a term of one year.Other MattersAny other matter...

TechEra Engineering Pays Interest on Unlisted Non-Convertible Debentures TechEra Engineering (India) Limited has confirmed the payment of interest concerning its Unlisted Non-Convertible Debentures (NCDs) due as of March 31, 2026. The company announced the interest payment details on May 20, 2026.According to the statement, TechEra Engineering (India) Limited paid an interest amount of Rs. 22,50,000/- (Rupees Twenty-Two Lakhs Fifty Thousand only) in respect of the Unlisted Non-Convertible Debentures. This payment pertains to the interest due on the debentures as of March 31, 2026.TECHERA Stock Price Movement TechEra Engineering (India) Limited shares today slipped by 3.79% to settle at ₹183.35. The equity traded on considerable...

Oriana Power Limited Incorporates ECOHYDROGEN Private Limited as Step-Down Subsidiary Oriana Power Limited announced the incorporation of ECOHYDROGEN PRIVATE LIMITED as a Step-Down Subsidiary, effective May 20, 2026. The new entity received its Certificate of Incorporation from the Ministry of Corporate Affairs on the same date.ECOHYDROGEN PRIVATE LIMITED has been established to focus on the generation of any kind of power or electric energy. The subsidiary's objective is to deal in the power or electric energy generation sector.The ownership structure confirms the entity's deep integration with the parent company. The records indicate that ECOHYDROGEN PRIVATE LIMITED is a wholly owned subsidiary of OPL Hydrogen Services Private...

Lenskart Solutions Approves Financial Results, Major Investments, and Merger Plans Lenskart Solutions Limited, which was previously known as Lenskart Solutions Private Limited, announced material corporate developments following its Board of Directors meeting held on May 20, 2026. The Board approved the audited financial results for the quarter and the full financial year ended March 31, 2026, alongside major investments and the in-principle approval for a key group merger.Financial Results Approval The Board formally approved the Audited Financial Results (Standalone and Consolidated) for the quarter and the full financial year ended March 31, 2026. The company also approved the unaudited Proforma Financial Statements of Profit and...

Ola Electric Mobility Approves Audited Financial Results for FY2026 Ola Electric Mobility Limited announced that its Board of Directors approved and considered the audited Standalone and Consolidated Financial Results for the Fourth Quarter and the full Financial Year ended March 31, 2026, on May 20, 2026. The Company released the results alongside the respective audit reports from M/s. B S R & Co. LLP, Chartered Accountants.The Board meeting, which commenced at 02:45 PM IST, concluded at 03:15 PM IST.Consolidated Financial Performance The audited consolidated financial results detail the Group's performance for the year ended March 31, 2026, compared to the corresponding period in 2025.The total revenue from operations for the...

Aptech Limited Declares Interim Dividend and Reclassifies Promoter Status Amid FY26 Results Aptech Limited announced significant corporate and financial milestones following the outcome of its Board of Directors meeting held on May 20, 2026. The Board approved the audited financial results for the quarter and financial year ending March 31, 2026, and declared an interim dividend for shareholders.During the meeting, the company also approved a formal request for the reclassification of its status from the 'Promoter Group Category' to the 'Public Category' concerning Mr. Utpal Sheth. The Board confirmed that Mr. Utpal Sheth does not together hold more than 10% of the total voting rights in the Company, does not exercise control over the...

Shaily Engineering Plastics Limited Launches Semaglutide Combination Product Using ShailyPen Neo™ Technology Shaily Engineering Plastics Limited, a manufacturer of drug delivery systems, announced the successful launch of a combination product featuring a generic version of Semaglutide injection. This product, which incorporates Shaily's proprietary spring-driven ShailyPen Neo™ pen platform, has achieved significant regulatory milestones globally.Shaily’s strategic partner, Orbicular Pharmaceutical Technologies, collaborated with the customer to launch the combination product in Canada. The product has been commercially available in India since March 2026 and has also secured USFDA Tentative Approval, alongside Health Canada Notice of...

Arshiya Limited Submits Unaudited Standalone Financial Results for Half Year Ending September 30, 2024 Arshiya Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has finalized and submitted its Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2024. The Resolution Professional (RP), Mr. Pankaj Mahajan, considered, approved, and taken these results on record on April 28, 2026.The company confirmed that the financial statements include the Unaudited Standalone Financial Results and a Limited Review Report issued by the Statutory Auditors, M/s ARTHA & Associates, Chartered Accountants, Mumbai.Financial Reporting Context The filing noted significant...

Universal Starch Chem Allied Ltd to Hold Board Meeting to Approve Financial Results Universal Starch Chem Allied Ltd. has announced that its Board of Directors Meeting No. 1/26-27 is scheduled for Wednesday, May 27, 2026. The meeting, to be held at the Company’s registered office, will primarily focus on reviewing and approving the financial outcomes for the company.The core agenda items for the board include:Considering and approving the Audited Financial Results for the Quarter and Year ended on March 31, 2026. Discussion on any other matter with the permission of the chairperson.In addition to the financial review, the company also issued a notice regarding its trading guidelines. Management confirmed that the trading window...

Samvardhana Motherson Board Gives In-Principle Approval for Issuance of Up to INR 5,000 Crore NCDs Samvardhana Motherson International Limited announced that its Board of Directors granted in-principle approval for the issuance of Non-Convertible Debentures (NCDs). The approval followed a board meeting held on May 20, 2026.The company plans to issue the rated, listed, unsecured, redeemable NCDs on a private placement basis. The total aggregate principal amount approved is up to INR 5,000,00,00,000/- (Rupees Five Thousand Crores only).Each NCD will have a face value of INR 1,00,000 (Rupees One Lakh only). The securities will be issued in one or more series or tranches to certain eligible investors.Details of the Proposed Issuance...

Krishanveer Forge Announces Board Meeting for Q4 FY26 Results and Dividend Consideration Krishanveer Forge Ltd announced that its Board of Directors meeting is scheduled for Wednesday, May 27, 2026. The meeting is set to consider and approve the Audited Financial Results for the Quarter and Year ended March 31, 2026.The agenda for the board meeting includes several key items. Primary among these is the consideration and approval of the company's audited financial results for the Quarter and Year ended March 31, 2026. Additionally, the board will consider a proposal for recommending the final dividend, if any, for the Financial Year 2025-26.Regarding market trading activity, the company also updated details concerning the closure of...

Welcast Steels Ltd Reports Audited Financial Results for FY 2025-26; Operates on Non-Going Concern Basis Welcast Steels Ltd announced the approval of its Audited Financial Results for the Quarter/Year ended March 31, 2026. The company's Board of Directors formally approved the results, which included an unmodified Auditors' Report issued by Dagliya & Co., Chartered Accountants, for the year ended March 31, 2026.The Board also approved the proposal to convene the 54th Annual General Meeting (AGM) on Thursday, September 10, 2026, at 11:00 a.m. through Video Conferencing/Other Audio Visual means. Furthermore, the Board confirmed that it did not recommend any dividend for the Financial Year 2025-26.Operational Status and Financial...

Chatha Foods' Subsidiary Appoints CFO Kulbeer Walia Following Board Decision Chatha Foods Limited announced that its unlisted subsidiary, Allana CF Foods Private Limited, has appointed Mr. Kulbeer Walia as its Chief Financial Officer (CFO). The decision was approved by the Board of Directors during a meeting held on May 20, 2026.The appointment, effective from May 20, 2026, solidifies the company's financial leadership. Mr. Kulbeer Walia is described as an accomplished finance professional with extensive experience in financial management, accounting, and regulatory compliance.In his role, Mr. Walia will oversee key financial operations. His expertise spans financial systems, internal controls, and accounting processes, which...