Markets

Cyient DLM Appoints Ramakanth Alapati as President & Chief Strategy and Growth Officer Hyderabad, May 19, 2026: Cyient DLM, an integrated partner for design-led manufacturing, announced the appointment of Ramakanth Alapati as President & Chief Strategy and Growth Officer. This move aims to strengthen the company's leadership team as Cyient DLM accelerates its growth across high-potential global markets.Based in Dallas, USA, Ramakanth Alapati will lead Cyient DLM's strategic initiatives in emerging growth sectors and drive the development of a robust global customer pipeline. He brings over two decades of distinguished leadership across advanced electronics manufacturing, high-precision packaging, capital equipment, and deep-tech...

Arvee Laboratories Approves Financial Results and Unmodified Audit Opinion for March Quarter Arvee Laboratories (India) Limited announced that its Board of Directors, in a meeting held on May 19, 2026, approved the financial results for the quarter and year ended March 31, 2026. During the meeting, the Board also noted the Auditors Report and approved the Statement of Related Party Transactions for the half year ended on the same date.In addition to approving the financial statements, the company announced that the auditors issued an unmodified opinion regarding the standalone annual financial results for the year ended March 31, 2026.Financial Highlights The company's standalone financial statements provide detailed insights into...

Zee Entertainment Announces Audited Financial Results and Recommends Dividend of Rs. 2 Per Share Zee Entertainment Enterprises Limited (ZEEL) announced the approval of its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. At its board meeting on May 19, 2026, the board also recommended a final dividend of Rs. 2/- per equity share (face value of Rs. 1 each) for the financial year 2025-26, subject to the approval of the members at the ensuing Annual General Meeting.The company submitted its financial statements to the board, which also reviewed the performance across both standalone and consolidated segments for the fiscal year.Financial Performance Snapshot The audited...

Zim Laboratories Approves FY2026 Financials, Appoints Cost Auditor Zim Laboratories Limited announced the outcome of its Board Meeting held on May 19, 2026. The Board considered and approved the Audited Financial Statements (Standalone and Consolidated) for the year ended March 31, 2026, along with the Financial Results for the quarter and year ended March 31, 2026.During the meeting, the company also appointed M/s Dhananjay V. Joshi & Associates, Cost Accountants, as the Cost Auditor for the Financial Year 2026-27.The statutory auditors, Deloitte Haskins & Sells LLP, issued an auditor's report confirming an unmodified opinion on the financial results for the year ended March 31, 2026.Financial Review and Annual Reports The...

Balrampur Foundation Launches Women-Focused 3D Printing Skill Development Program Balrampur Foundation, the philanthropic arm of Balrampur Chini Mills Limited, has launched a specialized initiative designed to equip young women with advanced manufacturing skills. The program, titled 'Building Skills. Transforming Futures - Balrampur Bioyug Bioplastic 3D Printing Project,' is being held in Lakhimpur Kheri, Uttar Pradesh.The skill development program was established in collaboration with Balrampur Bioyug, a vertical of Balrampur Chini Mills Limited, and ITI Mohammadi. It focuses on introducing young women ITI students to cutting-edge 3D printing technology using Bioyug PLA. VAP 3D has joined the initiative to serve as the knowledge and...

Prince Pipes Approves FY26 Results and Recommends Dividend at Board Meeting Prince Pipes and Fittings Limited announced key outcomes from its Board of Directors meeting held on May 19, 2026. The company approved its standalone audited financial results for the quarter and full financial year ended March 31, 2026, and recommended a final dividend for the financial year 2025-26.The Board meeting also approved the appointment of the company's auditors and key managerial personnel for the subsequent terms.Financial Performance and Dividend Recommendation For the financial year ended March 31, 2026, the Board recommended a final dividend of Re. 1/- (10%) per fully paid-up equity share. This dividend is subject to the approval of the...

ITC Limited Increases Stake in Mother Sparsh Following Acquisition of Second Tranche Shares ITC Limited has acquired a second tranche of shares in Mother Sparsh Baby Care Private Limited, bolstering its stake in the personal care sector. The company completed the purchase of 1,681 Equity Shares of ₹ 10/- each through a secondary purchase on May 19, 2026.The acquisition increases ITC Limited's cumulative shareholding in Mother Sparsh. Following the transaction, ITC's stake now stands at 49.32% of the company’s share capital on a fully diluted basis.ITC Limited stated that the acquisition is consistent with the company's strategy to build a future ready suite of products that meet evolving consumer needs. The shares were acquired via...

Expleo Solutions Limited Receives Prohibitory Order from Employees Provident Fund Organisation Expleo Solutions Limited has confirmed receiving a prohibitory order and notice from the Employees Provident Fund Organisation regarding outstanding arrears. The action relates to contributions and administrative charges payable for a specific historical period.The notice, received by the company, pertains to the remittance of contribution and administrative charges that were payable under Section 6, GA (2a) and 6C (2)/6C (4a) of the Act read with Para 38 (1) of EPF Scheme 1952, Para 3 of EPS 1995 and Para 8(1) of EDU Scheme, 1976. This period covers the years 01/04/1996 to 31/03/2010.The Employees Provident Fund Organisation issued a...

BSL Limited Board Approves Financial Results for FY 2026; Reviews Financial Standing and Auditors BSL Limited held its Board of Directors meeting on May 19, 2026. During the meeting, the Board approved the audited financial results for the quarter and the full financial year ending March 31, 2026. The company also made key decisions regarding its internal and cost auditing arrangements for the fiscal year 2026-27.The Board confirmed the approval of the Audited Financial Results for the quarter and financial year ended March 31, 2026, alongside the Statement of Assets and Liabilities as on that date and the Cash Flow Statement for the corresponding financial year.Auditor Appointments and Financial Governance Based on the...

Invicta Diagnostic Reports Strong FY26 Performance: Total Income Reaches ₹ 33.04 Cr Invicta Diagnostic Limited, a key player in Maharashtra's diagnostic service sector, has reported its Audited Financial Results for the second half (H2) and full fiscal year (FY) 2026. The company announced strong financial results, highlighting a significant increase in total income and maintaining robust EBITDA margins.According to the reported financials, the company achieved a total income of ₹ 33.04 Cr for the full financial year 2026. During the second half of FY26, the total income stood at ₹ 15.96 Cr.Financial Results Overview The company's financial performance showed improvement year-over-year, particularly in overall profitability metrics...

DMCC Speciality Chemicals Receives Adverse Tax Order for Rs 1,05,98,933 on ITC DMCC Speciality Chemicals Limited, formerly known as The Dharamsi Morarji Chemical Company Limited, has received an order from the Additional Commissioner (Appeals Raigad) concerning the admissibility of Input Tax Credit (ITC) on Works Contract Services. The order was dated April 27, 2026, and the details were received by the company on May 19, 2026.The development arose from an appeal filed by the Department against an Order-in-Original dated December 20, 2023, passed by the Assistant Commissioner, Division-III, CGST & Central Excise, Raigad Commissionerate. The department contended that the adjudicating authority had erred in dropping the demand related...

Kirloskar Industries Reports 15% Year-on-Year Net Profit Growth for FY 2026 Kirloskar Industries Ltd (KIL) announced its financial results for the fourth quarter and the full financial year ending March 31, 2026. The company reported a consolidated net profit of Rs. 354 crore, marking a 15% increase year-on-year for the full fiscal year.George Verghese, Managing Director of KIL, commented on the performance, stating that the firm closed the financial year with total income of Rs. 7,013 crore, representing a 5% growth year on year. The net profit reached Rs. 354 crore, signaling a 15% increase year on year.The MD highlighted the resilient performance of the material subsidiary, Kirloskar Ferrous Industries Limited, which continued to...

Remsons Group Bags 6-Year Hood Rod Contract Nomination from Global Vehicle OEM Remsons Industries Limited has announced that its UK step-down subsidiary, Remsons Automotive Ltd., has received a major nomination for a long-term contract with a leading global commercial vehicle original equipment manufacturer (OEM).The contract award is for the supply of a 6-year Hood Rod program, alongside the supply of pedal box components. The production for this significant contract is scheduled to commence in Q1 CY2027.The nomination carries an estimated lifetime value of approximately ₹30 Crores over the entire program duration, marking another notable contract win for the Remsons Group.The key details regarding the contract and the entity...

Geekay Wires Limited Announces Audited Financial Results for Fiscal Year 2026 Geekay Wires Limited, which operates as a manufacturer of Galvanized Steel Wire, Wire Products, Collated Nails, and Stainless Steel Nuts & Bolts, has announced its standalone audited financial results for the year ended March 31, 2026. The company's Board of Directors approved these results following a meeting held on May 7, 2026.The company's financial performance data highlights the movement across key operational metrics for the fiscal years ending March 31, 2026, and March 31, 2025.Standalone Financial Results Summary The following table summarizes the audited annual results, with amounts presented in Rs Lakhs.Particulars Year ended 31 March 2026...

Eureka Forbes Reports Strong FY26 Results with 11.3% Revenue Growth and 13.2% Q4 EBITDA Margin Eureka Forbes Limited, one of India's major health and hygiene companies, today announced its financial results for the quarter and full year ended March 31, 2026. The company reported double-digit revenue growth for both the fourth quarter (Q4) and the full fiscal year (FY26), citing broad-based momentum across its product and service verticals.Strong Performance in Q4 FY26 For the quarter ended March 31, 2026, the company reported a revenue growth of 11.6% Year-over-Year (YoY). The service business continued its strong momentum, achieving double-digit growth in service bookings. The product business also saw healthy double-digit growth...

Info Edge Files Appeal with NCLAT Against NCLT Order in Amalgamation Matter Info Edge (India) Limited has initiated an appeal before the National Company Law Appellate Tribunal (NCLAT) concerning a Scheme of Amalgamation involving several entities. The appeal challenges an order dated April 7, 2026, passed by the National Company Law Tribunal (NCLT), New Delhi.The amalgamation scheme involves Info Edge (India) Limited, acting as the Transferee Company, and four other parties: Allcheckdeals India Private Limited (Transferor Company 1), Axilly Labs Private Limited (Transferor Company 2), Diphda Internet Services Limited (Transferor Company 3), and Zwayam Digital Private Limited (Transferor Company 4).The NCLT, in its order dated April...

Based on the provided text, here is a structured summary, organized by the key themes covered in the document.***Summary of Company Documents and Corporate Actions This document compilation relates to the shareholding structure and the execution of transactions, primarily concerning the transfer of shares.1. Shareholder Documentation The core of the document involves documentation required for the sale and transfer of shares.Share Certificates: Documents indicate the transfer of shares, specifying the details of the transferor and the transferee. Transfer Details: The transactions document the movement of ownership.2. Legal and Compliance Matters The presence of various annexures and annexures related to corporate compliance...

Persistent Systems Named 2026 Google Cloud Partner of the Year for Supply Chain Transformation Persistent Systems Limited, a global leader in Digital Engineering and Enterprise Modernization, has been recognized as a 2026 Google Cloud Partner of the Year. The accolade was conferred in the Services & Industry Solutions - Supply Chain & Logistics category, acknowledging the company’s specialized ability to modernize supply chain operations on the Google Cloud platform.The recognition highlights Persistent's strength in helping enterprises improve visibility, accelerate decision-making, and deploy AI driven capabilities in production environments across the manufacturing and retail sectors.Enterprises are increasingly re-architecting...

Jay Bharat Maruti Limited Announces Q4 FY2026 Results, Dividend Recommendation, and Strategic Corporate Updates Jay Bharat Maruti Limited released key updates following its Board of Directors meeting held on May 19, 2026. The company announced its audited financial results for the Fourth Quarter and the financial year ended March 31, 2026, along with recommendations regarding dividends, governance, and strategic capital initiatives.Financial Performance Highlights The Board of Directors reviewed and approved the Standalone and Consolidated financial results for the quarter ended March 31, 2026, and the financial year ending March 31, 2026.Total Income saw significant figures across the reporting periods (figures are in Rs. in...

Orient Bell Limited Board Approves Appointments and Re-appointments of Directors Orient Bell Limited announced key decisions regarding its board composition following a board meeting held on May 19, 2026. The Board of Directors approved the re-appointment of three existing directors and the appointment of one new director, subject to shareholder approval at the ensuing Annual General Meeting (AGM).The company detailed the changes through specific annexures providing comprehensive background information on each individual.Key Director Appointments and Re-appointments The board took decisions concerning four key individuals:Re-appointment of Mr. Mahendra K. Daga Mr. Mahendra K. Daga was approved for the re-appointment as Chairman...