Markets

K&R Rail Engineering Ltd Appoints Mr. Mulam Veeranjaneyulu as Chief Financial Officer K&R Rail Engineering Limited held a meeting of its Board of Directors on Wednesday, May 20, 2026. During the session, the Board considered and approved the appointment of Mr. Mulam Veeranjaneyulu as the new Chief Financial Officer (CFO) of the company.The meeting was held at the company's registered office. Details regarding the corporate board session are as follows:ActivityDetailDate of MeetingMay 20, 2026Appointment ConfirmedMr. Mulam VeeranjaneyuluNew RoleChief Financial Officer (CFO)Meeting Commencement9:45 A.M. (IST)Meeting Conclusion10:19 A.M. (IST)The Board approved the appointment of Mr. Mulam Veeranjaneyulu to the key...

Maan Aluminium Limited Purchases Office Space in New Delhi for Back Office Expansion Maan Aluminium Limited has announced plans for the expansion of its back office services, confirming the purchase of office space in New Delhi. The move signifies the company's commitment to scaling its operational infrastructure.The company has acquired the premises on a leasehold basis. The newly procured office is situated at Flat No. 309 & 310, on the 3rd Floor of the Surya Kiran Building, located at 19, Kasturba Gandhi Marg, New Delhi 110001.The leased premises feature a total carpet area measuring approximately 2210 Sq. feet. The total expenditure related to this purchase is reported as Rs. 7.24 Crs., excluding stamp duty and other applicable...

Anoop Jindal Appointed Vice President, B2B Sales-OEM & South Asia at Castrol India Ltd Castrol India Ltd announced a significant change in its senior management structure, effective from June 2026. The company confirmed that Mr. Anoop Jindal has been appointed as Vice President, B2B Sales-OEM & South Asia, a move approved by the Board of Directors on May 20, 2026, following a recommendation from the Nomination and Remuneration Committee.Mr. Jindal's new designation as Vice President, B2B Sales-OEM & South Asia, will take effect from June 1, 2026.Consequent to this appointment, Mr. Jindal will cease to hold the position of Vice President & Head - Customer Excellence & Operations with effect from close of business hours on May 31...

Mahindra Group Appoints Purnima Lamba as Chief Brand Officer Mahindra Group has announced the appointment of Ms. Purnima Lamba as Chief Brand Officer, effective September 1, 2026. This senior leadership role is set to guide and steward the Group's corporate brand and communications strategy.In her capacity as Chief Brand Officer, Ms. Lamba will be responsible for leading the development and execution of a compelling brand narrative. Her mandate includes ensuring brand consistency across Mahindra Group's diverse business verticals, aligning all efforts with the Group's purpose-driven identity, and driving initiatives to enhance brand salience within both traditional and digital ecosystems.Dr. Anish Shah, Group CEO & MD of Mahindra...

Lodha Developers Ltd Allots Equity Shares Under Employee Stock Option Scheme Lodha Developers Ltd confirmed on May 20, 2026, the allotment of equity shares under its 'Lodha Developers Limited - Employee Stock Option Scheme 2021 - II'.The company successfully allotted 3,164 equity shares, with each share valued at ₹ 10/-. This allotment was executed pursuant to the defined Employee Stock Option Scheme 2021 - II.For context, the company has operated under the name of Macrotech Developers Limited previously. The successful allotment details constitute the core material update concerning the company's equity structure.LODHA Stock Price Movement As of 10:20 AM, shares of Lodha Developers Limited are shedding 3.74% in live trading...

Pioneer Agro Extracts Ltd. Board Meeting Scheduled for May 25, 2026, to Approve Financial Results Pioneer Agro Extracts Ltd. announced that its Board of Directors meeting is scheduled for Monday, May 25, 2026. The primary objective of the meeting is to consider and approve the Standalone Audited Financial Results of the Company for the quarter and financial year ending March 31, 2026. The board will also review the associated Auditor Report and other business items.The company also provided an update regarding its trading window. The trading window had previously been closed from April 1, 2026, until the declaration of the financial results for the Quarter and Year ended March 31, 2026. The trading window is set to reopen 48 hours...

Grauer & Weil India Ltd. Board Meeting Scheduled to Approve FY Results and Recommend Dividend Grauer & Weil India Ltd. has announced that a meeting of its Board of Directors is scheduled for Tuesday, May 26, 2026. The meeting is set to address crucial corporate governance and financial planning matters for the company.During the Board Meeting, several key items are slated for consideration and approval. The primary focus will be on the financial performance of the company.The agenda items for the Board include:Consideration, approval, and taking on record of the Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Year ended March 31, 2026. Recommendation of the Final Dividend, if any. This...

Parichay Infrastructure Completes Open Market Acquisition of Shares in Biogen Pharmachem Industries PARICHAY INFRASTRUCTURE LIMITED, which was previously known as PARICHAY INVESTMENTS LIMITED, announced details regarding its recent open market acquisition of shares in Biogen Pharmachem Industries Limited. The transaction was reported on May 18, 2026.The acquisition details relate to Biogen Pharmachem Industries Limited, which is listed on the BSE Limited with the security code 531752. The filing confirmed that the acquiring entity, PARICHAY INFRASTRUCTURE LIMITED, does not belong to the promoter or promoter group of the target company.Acquisition Details and Holdings PARICHAY INFRASTRUCTURE LIMITED transacted the shares through the...

Mahindra EPC Irrigation Secures Rs. 3.30 Crores Contract for Micro Irrigation Systems Mahindra EPC Irrigation Ltd has been awarded a contract for the supply of Micro Irrigation Systems as part of a community micro irrigation project. The company received the order on May 19, 2026.The contract was awarded by the Office of the Executive Engineer, Water Resource Division, for the supply of Micro Pressurized Irrigation Systems. The order pertains to an area of 80 Ha and is categorized as a domestic contract.The total approximate consideration for the order is Rs. 3.30 Crores, including GST. The contract mandates completion within 11 months from the date of site handover.Key details of the order awarded to Mahindra EPC Irrigation Ltd...

Kuantum Papers Ltd Board Meeting Scheduled for May 26, 2026, to Approve Financial Results Kuantum Papers Ltd has announced that its Board of Directors Meeting is scheduled to take place on Tuesday, May 26, 2026. The meeting aims to review key financial performance metrics and consider dividend recommendations for the company.The core agenda items for the meeting include:Approval of the Audited Financial Results (Standalone) for the Quarter and Financial Year ended March 31, 2026. Consideration of any recommended dividend for the Financial Year ended March 31, 2026.In relation to corporate governance and trading compliance, Kuantum Papers Ltd noted that the trading window for designated persons, insiders, and connected persons...

Amagi Media Labs Announces Audited Financial Results for Year and Quarter Ended March 31, 2026 Amagi Media Labs Limited announced the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved these results during its meeting held on May 20, 2026.The financial reports detail the Company's performance across both its standalone operations and the combined Group results, covering the period up to March 31, 2026, and comparing it to the audited figures from the previous year, March 31, 2025.Key Financial Highlights Standalone Financial Performance The standalone results show the total income for the quarter ended March 31, 2026, stood at 2,730.56 million Indian...

Hisar Metal Industries: Promoter Confirms Holdings and Lack of Encumbrance Hisar Metal Industries Limited has confirmed the status of its promoter shareholding and declared that the promoter's equity shares remain unencumbered as of March 31, 2026.Abhiram Tayal, a promoter of the company, declared the specific shareholding details, confirming his individual holding of 4,60,330 equity shares, representing an 8.52% stake in the company.The declaration provided a snapshot of the total promoter's ownership structure. As of March 31, 2026, the combined promoter's equity holdings stood at 33,05,025 equity shares, which account for 67.20% of the company's total equity share capital.The promoter confirmed that neither the combined...

Market Shakeup: SEBI Proposes API Shift to End Centralized STP Hub, Boosting Trade Efficiency The Securities and Exchange Board of India (SEBI) has released a Consultation Paper detailing major enhancements to the Straight Through Processing (STP) framework. The proposed overhaul seeks to radically modernize trade infrastructure by transitioning away from a centralized STP Hub to a decentralized, API-based connectivity model.The initiative aims to significantly reduce transaction latency, lower operational costs, and ultimately enhance the entire service delivery mechanism for market participants. This structural change is poised to redefine how electronic contract notes (ECNs) and institutional transactions flow across the Indian...

Aditya Infotech Allots 52,401 Shares Under Employee Stock Option Plan Aditya Infotech Ltd announced the allotment of 52,401 equity shares to eligible employees under the Aditya Infotech Employee Stock Option Plan 2024. The allotment was approved by the Nomination and Remuneration Committee of the Board of Directors.The equity shares, each having a face value of ₹1, were fully paid up and allotted on May 19, 2026, upon the exercise of options vested under the company’s employee stock option scheme.The allotment results in a material increase in the company's paid-up capital. The issued, subscribed and paid up equity share capital increased from ₹ 11,77,98,084 to ₹ 11,78,50,485.The change in paid up capital is detailed below...

Hatsun Agro Announces Strong FY26 Results, Boosts Dividend Amid Debt Reduction CHENNAI, May 19, 2026: Hatsun Agro Product Ltd announced its audited financial results for the fiscal year 2026 and for the fourth quarter, marking continuous profitable growth for the leading private sector dairy company in India.The company posted substantial gains across key metrics for FY26, attributing the performance to a sustained focus on operational efficiency and strengthening its consumer brand portfolio.For the full fiscal year ended March 31, 2026, Hatsun Agro reported strong revenue figures.MetricFY 2026FY 2025Growth RateRevenue from Operations₹ 9,959.22 crores₹ 8,699.76 crores14.48%EBITDA₹ 1,190.34 crores₹ 1,029.67 crores15.60%...

HealthCare Global Enterprises Ltd Confirms No Deviation in Rights Issue Fund Utilization HealthCare Global Enterprises Ltd has reported on the utilization of proceeds raised through its Rights Issue for the quarter ending March 31, 2026. The company confirmed that there were no deviations or variations in the manner the funds were used, aligning with the objects originally stated in the Letter of Offer dated February 24, 2026.The funds were allotted on March 27, 2026, with a total amount raised of INR 424,68,17,792. The company provided a detailed statement confirming adherence to the planned utilization objects for the specified quarter.According to the disclosed data, the total amount raised through the Rights Issue was structured...

PTC India Announces Financial Results for Q4 FY26 and FY 2025-26 PTC India Limited, a major power trading solutions provider in India, has announced its consolidated and standalone financial results for the fourth quarter of FY 2025-26 (Q4 FY26) and the full fiscal year 2025-26, ending March 31, 2026.The company also announced a final dividend of Rs 5.50 per share on the face value of Rs 10. This total dividend of Rs 8.50 per share includes an interim dividend of Rs 3.00 per share.Financial Performance Summary PTC India Limited reported significant growth across its core segments for both the quarter and the full fiscal year.Standalone Performance Highlights The company's standalone performance showed robust growth in both volumes...

Innomet Advanced Materials Lands Purchase Order for $73,980 USD from Israeli Company Innomet Advanced Materials Limited has secured a new Purchase Order from Scope Metals Group Ltd, an Israeli-based company. The order, received on May 18, 2026, totals $73,980 USD.The transaction relates to a Purchase Order (Order Number 4600051873) secured by Innomet Advanced Materials Limited for its Tungsten Division.The details of the international purchase agreement are as follows:ParticularsDetailsPurchasing EntityScope Metals Group Ltd (Israel based Company)Order DateMay 18, 2026Total ConsiderationUSD 73,980Nature of GoodsTungsten DivisionOrder OriginInternationalPromoter InterestNoRelated Party StatusNot Applicable...

Apollo Micro Systems Director Addepalli Krishna Sai Kumar to Appear on ET Now Program Apollo Micro Systems Limited has announced that its Whole Time Director, Mr. Addepalli Krishna Sai Kumar (Operations), is scheduled to participate in a television interview. The discussion is set to take place on the channel ET Now.Mr. Addepalli Krishna Sai Kumar will be appearing on the show named The Market. The scheduled broadcast is set for Wednesday, May 20, 2026, at 10:10 AM.The key details of the appearance are summarized below:DateTimeNature of EventShow NameNews ChannelWednesday, May 20, 202610:10 AMTV InterviewThe MarketET NowAPOLLO Stock Price Movement Shares of Apollo Micro Systems Limited are edging higher to ₹350.8 as of...

Mayank Cattle Food Launches MAYANK FAT and MAYANK CAL GOLD to Boost Dairy Nutrition Mayank Cattle Food Limited announced the launch of two new products, MAYANK FAT and MAYANK CAL GOLD. These introductions are designed to provide innovative and result-oriented nutritional solutions for the livestock and dairy industry, reinforcing the company's commitment to excellence in cattle nutrition.The company specializes in the manufacturing of Maize oil (Nonedible) and Maize Cake (Cattle Feed), providing a comprehensive range of products including Edible Oil, Extracting Corn Oil, Cattle Food, Animal Food, and Cattle Food Cake.New Product Details The two newly launched supplements cater to the domestic market and fall under the Oil and Cattle...