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Godawari Power And Ispat Announces FY Results, Plans Rs 700 Crore Investment in BESS Project Godawari Power And Ispat limited today announced the approval of its audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The Board of Directors also approved several strategic corporate proposals, including a major investment in a subsidiary dedicated to Battery Energy Storage Systems (BESS).In terms of financial performance, the Company reported consolidated figures for the financial year ended March 31, 2026.Financial Metric (Rs. in Crores)Quarterly Result (31.03.2026)Year Ended (31.03.2026)Year Ended (31.03.2025)Revenue from Operations1,610.275,380.655,375.73Total...

Mankind Pharma Approves FY26 Financial Results, Plans ₹500 Crore Investment in Subsidiary Mankind Pharma Limited, a leading player in the pharmaceutical sector, announced the approval of its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board meeting also saw approval for a strategic additional investment of up to ₹500 crores in its wholly owned subsidiary, Mankind Medicare Private Limited.In significant governance and financial updates, the company approved the realignment of security cover for its Non-Convertible Debentures (NCDs) following the redemption of an NCD tranche of ₹1,250 Crores on April 16, 2026. The board confirmed that the existing security cover will...

ASK Automotive Limited Reports Robust Financial Performance for Q4 FY26 and Full Year FY26 ASK Automotive Limited, India's leading manufacturer of brake shoes and Advanced Braking Systems for two-wheelers, today announced its audited financial results for the fourth quarter and full year ended March 31, 2026. The company reported strong growth across key metrics, signaling continued operational expansion and market outperformance.Consolidated Financial Highlights The company reported significant growth in revenue and profitability for both the quarter and the full fiscal year.In the fourth quarter (Q4 FY26), consolidated revenue grew by +35.3%, reaching ₹1,154 Crore. Overall Net Revenue saw a substantial increase of +30.0%. EBITDA...

HFCL Extends Corporate Guarantee for Subsidiary HTL Limited, Totaling ₹265 Crores HFCL Limited has extended a Corporate Guarantee in favor of SBICAP Trustee Company Limited, which acts for the benefit of the Working Capital Lenders of its subsidiary, HTL Limited. This new guarantee secures various fund-based and non-fund-based facilities availed or to be availed by HTL.The Company executed the guarantee through a Second Amended & Restated Deed of Corporate Guarantee. This latest arrangement substitutes an earlier Corporate Guarantee of ₹295 Crores, establishing a new guarantee limit of ₹265 Crores.HTL Limited, a subsidiary of HFCL, is engaged in the manufacturing of Optical Fiber Cables (OFC) and providing passive connectivity...

NIBE Limited Announces Successful Test Firing of SURYASTRA Universal Rocket Launcher System NIBE Limited, a prominent Indian defence technology company, has successfully tested its SURYASTRA Universal Rocket Launcher System. The company announced the successful test firing of the system on May 19, 2026.The announcement follows the receipt of a purchase order in January 2026 from the Indian Army, under an Emergency Procurement mandate. The order was for the supply of the SURYASTRA Universal Rocket Launcher, along with rockets designed for 150 Km and 300 Km ranges.The test firing of the SURYASTRA Universal Rocket Launcher system took place at ITR, Chandipur, Odisha, spanning May 18 and May 19, 2026. The trials validated the system's...

Karnataka Bank Recommends Final Dividend of Rs 5.00 Per Share for FY 2026 The Karnataka Bank Limited announced on May 19, 2026, that its Board of Directors recommended a final dividend for the financial year ended March 31, 2026. The dividend recommendation was made at the Board meeting held on the same day.The Bank confirmed that the Board recommended a final dividend of Rs 5.00 per equity share. This amount represents 50% of the total face value of Rs 10 per equity share.The dividend recommendation is subject to the approval of the shareholders at the Bank's ensuing Annual General Meeting (AGM).For transparency regarding the dividend structure, the details are as follows:ComponentDetailsDividend AmountRs 5.00 per equity...

Navin Fluorine International Allots 5,200 Equity Shares Under Employee Stock Option Scheme Navin Fluorine International Ltd. reported the allotment of 5,200 equity shares to eligible employees on May 19, 2026, under its Employees' Stock Option Scheme 2017.The Nomination and Remuneration Committee oversaw the allotment, which occurred upon employees exercising their respective stock options. These newly allotted shares are to rank pari-passu with all existing equity shares of the company.The allotment of these shares resulted in an increase in the company's paid-up share capital. The paid-up share capital now stands at ₹10,25,74,258/-. This capital consists of 5,12,83,099 fully paid equity shares and 8,060 partly paid equity shares...

Mangalore Refinery and Petrochemicals Limited Secures Authorization for ATF Pipeline Expansion at Bengaluru Airport Mangalore Refinery and Petrochemicals Limited has received authorization from the Petroleum and Natural Gas Regulatory Board (PNGRB) to undertake the laying, building, operating, or expanding of a petroleum and petroleum product (ATF) pipeline. This strategic expansion is slated to connect Devangonthi to the Existing Common User Fuel Farm Station and the upcoming Satellite Fuel Farm Station inside the Kempegowda International Airport in Bengaluru.This authorization establishes a major operational expansion for the company in the fuel infrastructure sector.According to the details provided, the PNGRB awarded the...

Prime Focus Limited Complies with NCLAT Direction Following Appellate Proceedings Prime Focus Limited confirmed on May 20, 2026, that it has fulfilled the deposit requirements mandated by the Hon'ble National Company Law Appellate Tribunal (NCLAT) in its ongoing appellate proceedings.The company issued the update regarding its compliance with the deposit direction related to Comp. App. (AT) (Ins.) No. 850 of 2026.Prime Focus Limited previously informed that, through a disclosure on May 12, 2026, the NCLAT had directed that an order passed by the Hon'ble National Company Law Tribunal, Mumbai Bench, dated May 6, 2026, should remain stayed. The NCLAT also stipulated that the Interim Resolution Professional could not take any further...

GTV Engineering Ltd Reports Strong FY26 Profitability Growth, Focuses on Heavy Engineering Platform GTV Engineering Limited has announced its audited financial results for the quarter and financial year ending March 31, 2026. The company reported healthy year-on-year growth in profitability for the financial year 2026.For FY26, GTV Engineering Limited recorded a total income of ₹10,332.99 lakh and achieved a profit after tax of ₹1,421.76 lakh. This represents a notable increase compared to the profit after tax of ₹1,104.63 lakh reported in FY-25. The company attributes its annual performance to continued execution across its fabrication and machining businesses.Key Financial Performance The company's financial performance shows a...

Laxmi Cotspin Limited Adjourns Board Meeting Scheduled for May 19, Set New Date for Approving FY Results Laxmi Cotspin Limited has announced the adjournment of its Board of Directors meeting, originally scheduled for May 19, 2026. The meeting, which was set to consider and approve the audited standalone and consolidated financial results for the quarter and the financial year ending March 31, 2026, has been postponed.Due to unavoidable circumstances, the Board meeting has been rescheduled and will now take place on May 22, 2026, at the company's registered office.The company also confirmed details regarding the trading window for its Directors and Designated Officers. As per the Code of Conduct for prevention of Insider Trading, the...

Anthem Biosciences Announces Audited Financial Results for FY26 and Q4FY26 Bengaluru, May 19, 2026: Anthem Biosciences Limited, an innovation-driven and technology-focused Contract Research, Development and Manufacturing Organization (CRDMO), announced its Audited Consolidated Financial Results for the quarter and year ended March 31, 2026.The financial highlights show significant growth across key metrics for the fiscal year 2025-2026 (FY26) and the fourth quarter (Q4FY26).Q4FY26 and FY26 Financial Performance The company's performance metrics across key periods are detailed in the following table:Particulars (₹ Mn)Q4FY26Q4FY25YoYQ3FY26QoQFY26FY25YoYRevenue from Operations6,1094,83226.4%4,23244.4%21,24318,44615.2%...

DCM Shriram Fine Chemicals Approves 20% Dividend, Concludes Financial Year Results DCM Shriram Fine Chemicals Limited announced the outcomes of its Board meeting held on May 19, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, and recommended a dividend for the fiscal year 2025-26.The company also approved convening its 55th Annual General Meeting (AGM) via Video Conference/Other Audio Visual Means (OAVM) on Tuesday, July 14, 2026.Dividend Recommendation and Financial Highlights At the Board meeting, the directors recommended a dividend of 20%, equating to Rs. 0.40 per equity share, based on the face value of Rs. 2. This dividend is subject to...

Blue Star Limited Approves Acquisition of Remaining Stake in Blue Star Qatar Blue Star Limited announced that its Executive Management Committee has approved the proposed acquisition of the remaining 51% shareholding in Blue Star Qatar W.L.L. (BSQ). The acquisition is aimed at simplifying the company's shareholding structure while maintaining control.The proposal involves Blue Star Limited acquiring the balance 51% stake in BSQ from Al Malki Trading & Contracting Co. (ATC). The acquisition is valued at the face value of Qatari Riyal (QAR) 1,02,000, subject to a fair market valuation carried out according to applicable foreign exchange laws and Reserve Bank of India guidelines. The total consideration for the proposed acquisition is...

Automotive Axles Limited Announces Financial Results, Recommends Final Dividend, and Sets AGM Date Automotive Axles Limited announced key financial developments following its Board of Directors meeting held on May 19, 2026. The Board approved the audited financial results for the year ended March 31, 2026, and the quarter ended March 31, 2026. Furthermore, the company recommended a Final Dividend for the Financial Year 2025-26.The Board recommended a Final Dividend of Rs. 32 per share, representing 320% of the face value of Rs. 10 each, for the Financial Year 2025-26. This dividend is subject to the approval of the company's shareholders at the forthcoming Annual General Meeting (AGM).Key Corporate Dates The company has scheduled...

Viaz Tyres Announces FY26 Results, Targeting Accelerated Growth via Tyre Manufacturing Viaz Tyres Limited, formerly known as Viaz Tubes Private Limited, announced its financial results for the fiscal year ended March 31, 2026. The results reflect a strengthening financial position as the company pivots towards comprehensive tyre manufacturing, capitalizing on India's replacement-driven vehicle market.Consolidated Financial Performance for FY26 The company reported significant year-over-year growth across key metrics. The consolidated financial data for Half Year (H2) and Full Year (FY) demonstrate the robust performance:ParticularsH2FY26 (In Lakhs)H2FY25 (In Lakhs)YoY (%)FY26 (In Lakhs)FY25 (In Lakhs)YoY (%)Revenue from...

Kothari Petrochemicals and Kothari Sugars to Merge in Amalgamation Scheme Kothari Petrochemicals Limited announced that its Board of Directors approved a Scheme of Amalgamation involving Kothari Sugars and Chemicals Limited (KSCL) with Kothari Petrochemicals Limited (KPL). The amalgamation aims to consolidate the businesses of both entities into the Transferee Company, KPL.The Board meeting was held on May 19, 2026. The amalgamation, which is set to be governed by the provisions of the Companies Act, 2013, involves the merger of KSCL (the Transferor Company) into KPL (the Transferee Company). Both companies are part of the HC Kothari group.Financial Snapshot of the Entities The amalgamation involves KSCL (CIN: L15421TNl960PLC004310)...

Jio Financial Services Executives Participate in Motilal Oswal's Corporate Day in Singapore Jio Financial Services Limited executives recently participated in an Institutional Investors' Meeting, confirming their participation in Motilal Oswal's Singapore Corporate Day, 2026. The meeting took place in Singapore on May 18 and 19, 2026.The event, which was conducted in person, involved both one-on-one and group sessions.During the Corporate Day, the company confirmed that only information available in the public domain was discussed with the participants. Jio Financial Services reiterated that no unpublished price sensitive information was shared or discussed during the meeting.The details of the event are summarized below...

BCPL Railway Infrastructure Announces Financial Results for FY 2025-26 BCPL Railway Infrastructure Limited announced its audited financial results for the quarter and year ended March 31, 2026, following a Board meeting held on May 19, 2026. The company detailed its performance across both standalone and consolidated financials, alongside updates on its key operational segments.The company reported significant year-over-year growth in its consolidated revenue and profitability, while also detailing operational headwinds and strong future prospects in its railway business and agro-processing units.Financial Performance Analysis The company presented its financial data for the fiscal years 2024-25 and 2025-26, both in standalone and...

Sun Pharma's Licensing Partner Receives FDA Complete Response Letter for PDP-716 NDA Sun Pharma Advanced Research Company Ltd. has reported that its licensing partner, Ocuvex Therapeutics Inc., has received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA). The update concerns the PDP-716 New Drug Application (NDA).The CRL was issued by the FDA following inspection findings at the finished product manufacturing facility for the drug application.According to the information released by Sun Pharma Advanced Research Company Ltd., the FDA did not raise any other issues with the PDP-716 NDA, indicating that the sole cause for the Complete Response Letter was the inspection findings.SPARC Stock Price...