Markets

Jtekt India Announces FY 2026 Results, Recommends Dividend, and Details Key Leadership Appointments Jtekt India Limited announced its audited financial results for the quarter and financial year ending March 31, 2026. During the Board Meeting held on May 14, 2026, the company also recommended a final dividend and announced the re-appointment and re-designation of key senior management personnel.The board approved the audited financial results for the quarter and financial year ending March 31, 2026, alongside the audit reports confirming the unmodified opinion on the results.Financial Performance for FY 2026 The financial performance figures for the year ended March 31, 2026, reflect a Total Comprehensive Income of 2,050,085 per...

Dwarikesh Sugar Industries Approves Financials, Recommends Dividend, and Appoints Auditors Dwarikesh Sugar Industries Limited announced key corporate decisions following the Board of Directors meeting held via video conferencing (VC) on May 14, 2026. The Board approved the audited standalone financial results for the quarter and year ended March 31, 2026, and recommended a dividend for the fiscal year 2025-26.The Board meeting led to the adoption of the Audited Financial Results (Standalone) for the quarter and year ended March 31, 2026. The figures were presented alongside the Auditor's Report issued by M/s Mittal Gupta & Co., Chartered Accountants, confirming an Unmodified Opinion.Dividend Recommendation and AGM Details During the...

Kridhan Infra Limited Allots 1.2 Crore Shares Through Preferential Issue Kridhan Infra Limited announced the allotment of 1,20,00,000 fully paid-up equity shares through a preferential issue, following the exercise of rights attached to warrants. The transaction, detailed in the disclosure released on May 14, 2026, confirmed the successful allotment process after the company received the balance 75% of the issue price from the warrant holders.The equity shares were allotted at a price of ₹4.05 per share, which includes a premium of ₹2.05 per share. Upon conversion of the warrants, the transaction aggregates to ₹4,86,00,000/-.The preferential issue involved three investors: Shri Bajrang Commodity LLP, Mr. Sanjay Kumar Agrawal, and...

Natco Pharma Receives Demand Notice from NPPA Regarding Overcharging for Two Drugs Natco Pharma Limited has received a Demand Notice from the National Pharmaceutical Pricing Authority (NPPA) concerning alleged overcharging for two of its drugs. The notice, received on May 12, 2026, mandates the deposit of a specific amount covering overcharge, penalties, and interest.The demand notice was issued under paragraph 15 of the Drugs Price Control Order, 2013 (DPCO). The authority alleges overcharging for two drugs during the period spanning April 2023 to November 2023.According to the details provided, the NPPA has directed the company to deposit a total of ₹ 4,92,25,923/-.The key details of the notice are summarized below...

Patel Engineering Limited Board Approves Sale of Entire Stake in ACP Tollways Pvt Ltd Patel Engineering Limited announced that its Board of Directors approved the proposal for the sale of its entire stake in ACP Tollways Pvt Ltd, an associate company. The resolution regarding this disposal was passed on May 14, 2025.The transaction involves the sale of 84,95,040 equity shares of face value Rs. 100. The sale remains subject to the receipt of necessary approvals from the lenders of the associate company. The company indicated that further details regarding the transaction will be disclosed upon the completion of the requisite approval process.The proposed sale is expected to be completed before the end of March 31, 2027. The agreed...

Beta Drugs Reports Audited Financial Results for FY26, Targets 80% Own Branded Product Contribution by 2030 Beta Drugs Limited today announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported consolidated total revenues of Rs 396.0 crores for the fiscal year, marking a 7.4% increase from the Rs 368.8 crores recorded in the previous fiscal year.The consolidated EBITDA stood at Rs 86.9 crores, reflecting an improvement in margins to 22.6% in FY26 compared to 21.1% in FY25.Key Financial Performance Metrics (FY26 vs FY25) The following table summarizes the key financial highlights for the year ended March 31, 2026, compared to the previous fiscal year...

Tata Motors Passenger Vehicles Approves Reappointment of Mr Al-Noor Ramji as Non-Executive Independent Director Tata Motors Passenger Vehicles Limited, formerly Tata Motors Limited, has approved the re-appointment of Mr Al-Noor Ramji as a Non-Executive Independent Director. The Board of Directors made the decision based on the recommendation of the Nomination and Remuneration Committee during a meeting held on May 14, 2026.The re-appointment grants Mr. Ramji a second consecutive term, spanning from May 1, 2027, up to May 18, 2029, both days inclusive. The appointment is conditional upon receiving approval from the shareholders through a Special Resolution at the forthcoming Annual General Meeting.The board also confirmed that Mr...

Emami Paper Mills Issues Notice Regarding Transfer of Unclaimed Dividends to IEPF Emami Paper Mills Limited has notified shareholders regarding the process for unclaimed dividends and corresponding equity shares, which are subject to transfer to the Investor Education and Protection Fund (IEPF) Authority if remaining unclaimed for seven consecutive years.The company has informed concerned shareholders about the provisions stating that any dividend(s) which remain unpaid for seven consecutive years from the date of transfer to the respective Unpaid Dividend Account shall be transferred by the Company to the IEPF. Similarly, all shares for which dividend(s) remained unclaimed or unpaid for seven consecutive years or more will also be...

Vraj Iron and Steel Limited Appoints Cost and Internal Auditors for FY 2026-27 Vraj Iron and Steel Limited, formerly known as VRAJ IRON AND STEEL pVT. LTD. & PHIL ISPAT PRIVATE LIMITED, announced that its Board of Directors conducted a meeting on May 14, 2026. During this session, the Board considered and approved key appointments for the financial year 2026-27.The meeting resulted in the appointment of two firms to undertake crucial auditing roles for the company.The Board approved the appointment of M/s. Sanat Joshi & Associates as the Cost Auditors for the financial year 2026-27. Additionally, IWs. Amit Kumar Agrawal & Co. was appointed as the Internal Auditors for the same financial year.Appointment Details The company...

NHPC Limited Announces Change in Government Nominee Director on Board NHPC Limited has announced a change concerning its Government Nominee Director. The company stated that Shri Mohammad Afzal (DIN:09762315), formerly Joint Secretary (Hydro) at the Ministry of Power (MoP) and serving as a Government Nominee Director on the Board, is no longer associated with the MoP.The cessation of his association with the Ministry of Power means that Shri Mohammad Afzal (DIN:09762315) ceases to be the Government Nominee Director on the Board of NHPC Limited.NHPC Limited confirmed that the company is awaiting formal communication from the Ministry of Power regarding the appointment of a new Government Nominee Director. The company stated that a...

Cybertech Systems and Software Announces Plan to Buyback Equity Shares Cybertech Systems And Software Limited announced the approval of a buyback of its equity shares, detailing the parameters for the scheme, which will be executed through a tender offer route utilizing the mechanism for acquisition of shares through stock exchanges.The company's Board of Directors approved the buyback up to 8,50,000 fully paid up Equity Shares. Each share has a face value of ₹ 10/- (Rupees Ten only), and the shares will be acquired at a price of Rs. 170/- (Rupees One Hundred Seventy Only) per Equity Share. The total aggregate amount planned for the buyback is up to ₹ 14,45,00,000/- (Rupees Fourteen Crores Forty Five Lakh only).The buyback is set to...

Matrimony.com Reports 19% Year-on-Year PAT Growth for Q4 FY26 Chennai, May 14, 2026: Matrimony.com Limited, the leading online matrimony company, announced its audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, following approval by its board of directors.During the announcement, Murugavel Janakiraman, Chairman and Managing Director, highlighted the strong operational performance, noting a double-digit billing growth of 10.5% year-on-year in the matchmaking business. He added that the company recorded a double-digit Profit After Tax (PAT) growth of 18.9% year-on-year in Q4 FY26, expressing confidence that growth momentum is expected to accelerate in the next financial year. The...

Mold-Tek Technologies Reports Strong Q4 Performance; Consolidated Revenue Hits ₹ 5,548.75 Lakhs Mold-Tek Technologies Limited, a provider of engineering services specializing in Civil and Mechanical domains, announced its financial results for the quarter and year ended March 31, 2026. The company's performance highlights reflect strong year-on-year growth, driven by improved execution across U.S. projects and increased operational efficiencies.The results for the quarter ended March 31, 2026, were reported at a Board Meeting held on May 14, 2026.Financial Performance Highlights (Q4 FY 25-26) The company showcased significant improvements in key metrics during Q4 FY 25-26.Consolidated Performance:MetricQ4 FY 25-26Q4 FY...

Dwarikesh Sugar Industries Announces Record Date and Dates for 32nd Annual General Meeting Dwarikesh Sugar Industries Limited has announced critical dates for its 32nd Annual General Meeting (AGM) and the determination of dividend eligibility.The company specified that the Record Date for the AGM and dividend payout has been fixed as Thursday, July 30, 2026. This date will determine which shareholders are eligible to attend the meeting and receive the dividend.The corporation also provided the following key timelines related to the corporate event:EventDateAnnual General Meeting DateThursday, August 6, 2026Book Closure PeriodFriday, July 31, 2026 to Thursday, August 6, 2026 (both days inclusive)Record DateThursday, July...

Current Infraprojects Secures Contract for Major Electrical Infrastructure Project in Rajasthan Current Infraprojects Limited has secured a work order from Jaipur Vidyut Vitran Nigam Limited (JVVNL) of Rajasthan for a comprehensive electrical infrastructure project. The order, received on May 11, 2026, details the execution of deposit works across various sub-stations and lines under the Baran circle.The contract is valued at 12.16 INR Crores and falls under the Engineering, Procurement, and Construction (EPC) model. The project scope is substantial, covering construction and upgrading work for the region.The key details of the awarded contract are presented below:Sr. NoProject ScopeContract Price (INR in Crores)ModeCompletion...

Matrimony.Com Limited Reports Quarterly Financial Metrics for FY 2026 Matrimony.Com Limited released a detailed fact sheet outlining its key financial and operational metrics for the quarters and year ending March 31, 2026. The data provides insights into the company’s segment performance, revenue streams, and key business volume indicators.The company's financial performance summary, measured in ₹ million (excluding Diluted EPS), highlights performance across several key metrics over the reporting period.ParticularsQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Growth% QoQGrowth% YoYFY 25FY 26Growth% YoYBillings1,1751,1101,0941,1481,2621,1841,1791,2617.0%9.9%4,5274,8868.0%...

Trident Limited Approves Re-appointment of Usha Sangwan as Independent Director Trident Limited announced the approval of the re-appointment of Ms. Usha Sangwan as a Non-Executive Independent Director. The re-appointment is set for a second term of two years, spanning from May 15, 2026, to May 14, 2028, pending the requisite shareholder approval.The Board of Directors of Trident Limited approved the re-appointment of Ms. Usha Sangwan (DIN: 02609263).The key details concerning this re-appointment are as follows:ParticularsDetailDirectorMs. Usha Sangwan (DIN: 02609263)ReasonRe-appointmentRoleNon-Executive Independent DirectorTermSecond term of 2 yearsPeriodMay 15, 2026, to May 14, 2028Approval DateMay 14, 2026...

Rushil Decor Limited Reports Delay in Production Start at Mansa Laminate Sheet Unit Rushil Decor Limited has provided an update regarding the operational status of its RHPL Laminate Sheet Manufacturing Unit, situated in Mansa, Gujarat. The company reports a delay in the commencement of regular commercial activity following a period of technological upgradation.Previously, Rushil Decor Limited had informed stakeholders on April 1, 2026, and again on April 20, 2026, concerning technological upgrades at the laminate sheet manufacturing facility in Mansa, Gujarat.In its latest communication, the company stated that due to technical reasons, the RHPL Laminate Sheet Manufacturing Unit has not yet commenced regular operations. Rushil Decor...

Akshar Spintex Pays Penalties Following Non-Compliance Regarding Board and Compliance Officer Roles Akshar Spintex Limited confirmed the payment of penalties following the rejection of its waiver applications related to past non-compliances. The company paid the applicable penalties advised by the National Stock Exchange of India Limited (NSE) on May 13, 2026.The penalties related to lapses in corporate governance and adherence to compliance officer requirements. The non-compliance issues involved two key areas: the constitution of the Board of Directors and the appointment of a qualified Company Secretary and Compliance Officer.Regarding the Board of Directors, the company initially stated that while necessary steps were taken for...

Patel Engineering Announces Financial Results and Approval for Sale of Stake in ACP Tollways Pvt Ltd Patel Engineering Limited announced the outcome of its Board Meeting held on May 14, 2026. The Board of Directors approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board also approved the proposal to sell the Company's entire stake in ACP Tollways Pvt Ltd, an associate company.Financial Highlights for FY2026 The audited financial results indicate the Company’s overall performance for the year ended March 31, 2026.The following table summarizes the key consolidated financial results:ParticularsYear Ended March 31, 2026 (Rs. Millions)Year Ended March 31...