Markets

Systango Technologies Declares Rs. 7 Per Share Interim Dividend for FY 2025-26 Systango Technologies Limited announced the declaration of its first interim dividend for the financial year 2025-26. The dividend was declared by the company's Board of Directors during a meeting held on May 14, 2026.The Board reviewed and approved the payout of an interim dividend of Rs. 7 per share on the company's fully paid-up equity shares.The dividend amount and key dates are summarized below:Metric DetailDividend Type 1st Interim DividendFinancial Year 2025-26Dividend Amount Rs. 7 per shareBoard Meeting Date May 14, 2026Record Date May 21, 2026The company stated that the dividend will be paid within the statutory time limit...

Mangalore Refinery and Petrochemicals Limited Receives Final Order from CESTAT, Eligible for Significant Customs Duty Refund Mangalore Refinery and Petrochemicals Limited (MRPL) has received a final order from the Office of the Customs Excise and Service Tax Appellate Tribunal (CESTAT, Bangalore). This ruling addresses a dispute concerning the classification of "Reformats" imported by the company, which has significant implications for the firm's cash flow and contingent liabilities.The company received the communication from the Customs Excise and Service Tax Appellate Tribunal (CESTAT) on May 13, 2026. The case pertains to a classification dispute where MRPL had initially classified the imported goods under CTH 27075000. The Customs...

Vishal Mega Mart Reports Financial Results for FY2026; Re-appoints Internal Auditors Vishal Mega Mart Limited, formerly known as Vishal Mega Mart Private Limited, announced the approval of its audited financial results for the quarter and full financial year ended March 31, 2026. The company also approved the re-appointment of Ernst & Young LLP as its Internal Auditors for the Financial Year 2026-27.The Board of Directors of Vishal Mega Mart Limited conducted its meeting on May 14, 2026, where it considered and approved the key financial and governance matters.Financial Results Highlights The Company released its audited financial results, covering both standalone and consolidated statements, for the period ending March 31, 2026...

Raj Oil Mills Limited Files Annual Secretarial Compliance Report for FY 2026 Raj Oil Mills Limited has released its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report details the company's adherence to various corporate governance and regulatory requirements established by market bodies.The report confirms the company's general compliance with the provisions of the relevant regulations and circulars issued by the Securities and Exchange Board of India. No deviations or non-compliances were reported for the period under review.The Annual Secretarial Compliance Report confirmed adherence across multiple governance facets:Secretarial Standards: The company confirmed that its compliances are...

Cipla Allots 17,915 Shares Under ESOS and ESAR Schemes Cipla Limited announced that its Operations and Administrative Committee allotted 17,915 fully paid-up equity shares on May 14, 2026. This allotment was executed under the framework of the Employee Stock Option Scheme 2013-A and the Cipla Employee Stock Appreciation Rights Scheme 2021.The newly allotted shares represent fully paid-up equity shares with a face value of INR 2 each.The Company confirmed that the issuance of these shares has updated its capital structure. The total issued, subscribed and paid-up share capital of Cipla Limited now stands at INR 1,61,56,01,092, comprising a total of 80,78,00,546 equity shares of face value INR 2 each.The financial details following...

Bharti Airtel Releases Audited Financial Results for Fourth Quarter and Fiscal Year 2026 Bharti Airtel Limited has announced the release of its Audited Consolidated and Standalone Financial Results for the fourth quarter (Q4) and the full year ending March 31, 2026.The Company's Board of Directors approved the detailed Financial Results during a meeting held on Wednesday, May 13, 2026, in Gurugram.The approved results cover the operational performance and financial standing of Bharti Airtel Limited for the fourth quarter and the corresponding fiscal year ending March 31, 2026.The detailed financial results, along with the auditor's reports, are available on the Company's official website. They can also be accessed through the...

Sharda Cropchem Limited Board Recommends Final Dividend for Financial Year 2025-26 The Board of Directors of Sharda Cropchem Limited, in its meeting held on May 13, 2026, recommended the declaration of a final dividend for the financial year 2025-26.The Board considered and recommended paying a final dividend at a rate of Rs. 9.00 per equity share. This dividend is based on the company's face value of Rs. 10.00 per share.The recommendation of the final dividend is subject to the subsequent approval of the shareholders at the Company's forthcoming Annual General Meeting.Sharda Cropchem Limited released the following details regarding the dividend recommendation:Parameter DetailFinancial Year 2025-26Board Meeting Date May...

L&T Partners with Exail to Deliver Unmanned Mine Counter Measure Suite for Indian Navy Mumbai, May 14, 2026: Larsen & Toubro (L&T) has formed a strategic collaboration with France-based Exail to supply an advanced Unmanned Mine Counter Measure (MCM) Suite for the Indian Navy's Mine Counter Measure Vessels (MCMVs) program.The partnership aims to equip the Indian Navy with a state-of-the-art Unmanned MCM Suit. This system will incorporate autonomous and remotely operated mechanisms designed to detect, classify, identify, and neutralize naval mines in a safe, stand-off manner.Under the agreement, L&T will act as the prime contractor, offering the Unmanned MCM Suite to all shipyards participating in the Indian Navy's upcoming program...

NTPC Green Energy Reports Capacity Boost with Two Solar Projects Reaching Commercial Operation NTPC Green Energy Limited, a subsidiary of NTPC Limited, has announced a significant increase in its installed capacity following the declaration of commercial operation for two solar power projects in Rajasthan. The additions boost the total installed capacity of the NTPC Green Energy Limited Group to 10,516.40 MW.The operational milestone was reached on May 15, 2026.The company confirmed that the second part capacity of the 150 MW Solar Project in Rajasthan, managed by Project Eleven Renewable Power Private Limited (a step-down subsidiary of the ONGC NTPC Green Private Limited joint venture), was declared commercially operational. This...

Marvel Decor Limited Secures International Order Worth INR 2.32 Crores for Curtains and Blinds Marvel Decor Limited reported receiving a significant purchase order valued at approximately INR 2.32 Crores. The order was secured from the company's Rest of the World (ROW) Division, confirming its continued international business traction.The transaction involves the supply of Motorised Curtains and Blinds and is based on regular business terms. This purchase order from the ROW Division is noted as reflecting the further strengthening of the company's presence in these global markets.The order is categorized as a regular purchase order and was placed by an international entity. Marvel Decor Limited expects the execution of the order...

Sundaram Multi Pap Limited Expands Nationwide Sales Footprint with Pan-India Distribution Sundaram Multi Pap Limited, a leading manufacturer and distributor of paper stationery products, has announced a significant expansion of its sales operations, making its offerings available across the country under the iconic Sundaram Books brand. This strategic move aims to bolster the company's presence in both urban and rural markets, ensuring access to quality stationery nationwide.The company, which has maintained a legacy spanning over four decades, has positioned itself as a trusted name in academic and office stationery, recognized for its commitment to quality, innovation, and affordability. The nationwide rollout signifies the...

Amit Mittal, MD of A2Z Infra Engineering, Taken Into Judicial Custody in Chhattisgarh Investigation A2Z Infra Engineering Limited announced that its Managing Director cum CEO and Promoter, Mr. Amit Mittal, has been taken into judicial custody. The action by the Economic Offence Wing-Anti Corruption Bureau (EOW-ACB) Chhattisgarh relates to an ongoing investigation into alleged irregularities concerning contracts executed with Chhattisgarh State Marketing Corporation Limited.The judicial custody took place on May 13, 2026. The investigation period covers contracts executed from the Financial Year 2019-20 to FY 2023-24, specifically relating to the supply of manpower in the state of Chhattisgarh.Mr. Amit Mittal holds the position of...

Hindustan Aeronautics Limited Announces Audited Financial Results for FY 2026 Hindustan Aeronautics Limited (HAL) announced the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results provide a comprehensive overview of the company's financial performance across both standalone and consolidated entities.Financial Highlights: Year Ended March 31, 2026 The company demonstrated strong cumulative performance for the fiscal year 2025-26.The audited financial statements show the following key figures (amounts in Rs Lakhs):Financial Metric Standalone ConsolidatedTotal Income (Year Ended 31-Mar-26) 36,79,354 36,78,795Total Comprehensive Income (Year Ended 31-Mar-26) 9,36,353...

Sundaram Clayton Reports Strong Q4 EBITDA Growth for FY 2025-26 Chennai, May 14, 2026: Sundaram Clayton Limited (SCL) announced strong financial performance for the fourth quarter of fiscal year (FY) 2025-26, reporting an EBITDA of 20.4% at Rs. 91.9 Cr. This marked an increase compared to the EBITDA of 17.0% or Rs. 89.8 Cr recorded in Q4 of the previous fiscal year (2024-25).For Q4 FY 2025-26, the standalone revenue stood at Rs. 451.2 Cr. This was compared to Rs. 527 Cr in Q4 2024-25, a difference attributed to the sale of the 2W casting business in Hosur during Q4 FY 2024-25.Full Year Performance Highlights Reviewing the full fiscal year 2025-26, the company reported an EBITDA of Rs. 330.3 Cr, representing 18.3%. This is a notable...

Venky's (India) Limited Board Recommends Dividend of Rs. 10 Per Share Venky's (India) Limited announced that its Board of Directors has recommended a final dividend for the financial year ended March 31, 2026. The recommended dividend is set at Rs. 10 per equity share, representing 100% of the total amount.The Board recommendation is subject to the approval of the shareholders at the ensuing Annual General Meeting. Should the shareholders approve the dividend, Venky's (India) Limited confirmed that the payment will be disbursed within the statutory time limit following the Annual General Meeting.The company held its Board Meeting on May 14, 2026. The meeting commenced at 10:30 A.M. IST and concluded at 12:30 PM IST.The key details...

Happy Square Outsourcing Wins Extension on Manpower Supply Services Contract Worth ₹ 1.1573 Crore Happy Square Outsourcing Services Limited, formerly Happy Square Outsourcing Services Private Limited, has secured an extension on a significant work order for manpower supply services. The contract, valued at approximately ₹ 1.1573 Crore, was received by the company on May 13, 2026.The extension work order was awarded by the National Bank for Agriculture and Rural Development, under its Department of Financial Services. The company confirmed that the order is part of its ordinary course of business. This new agreement provides for the supply of manpower services at the client's place over a period of 12 months.The initial tenders...

Vinati Organics MD & CEO Discuss Company Financial Performance in CNBC-TV18 Interview Vinati Organics Limited's Managing Director & CEO, Ms. Vinati Saraf Mutreja, featured in an interview broadcast on CNBC-TV18 on May 14, 2026.The broadcast centered on the company's financial performance, covering the quarter and year ended March 31, 2026.The interview with Ms. Mutreja provided insights into Vinati Organics Limited's financial standing for the fiscal period ending March 31, 2026. The coverage was transmitted live via CNBC-TV18 on May 14, 2026.The interview content can be accessed through the following link:VINATIORGA Stock Price Movement Shares of Vinati Organics Limited are edging higher to ₹1354.9 as of 1:23 PM today...

Ambika Cotton Mills Limited to Hold Board Meeting to Discuss FY 2026 Results and Final Dividend Ambika Cotton Mills Limited has scheduled a Board Meeting of Directors for Tuesday, May 26, 2026. The meeting is slated to address key financial matters for the company, including the consideration of the audited financial results for the fiscal year ending March 31, 2026.The company has set two primary agenda items for the session.According to the notice, the Board will consider and take on record the audited financial results for the year ended March 31, 2026. Furthermore, the meeting is scheduled to consider and declare the Final Dividend for the Financial Year 2025-26.The meeting provides stakeholders with an opportunity to review...

Sundaram Clayton Limited Reports FY26 Consolidated Financial Results, Notes Strong EBITDA Growth Sundaram Clayton Limited (SCL) has reported its annual financial results for the year ended March 31, 2026. The Company announced the approval of its audited Standalone and Consolidated Annual Financial Statements by the Board of Directors. The statutory auditors have issued an unmodified opinion on the financial results for the year.Financial Performance Highlights The Consolidated Statement of Financial Results details the Company’s performance for the financial year ending March 31, 2026.Particulars Q4 Ended 31.03.2026 (Audited) Year Ended 31.03.2026 (Audited) Q4 Ended 31.03.2025 Year Ended 31.03.2025Revenue from operations...

Bajaj Hindusthan Sugar Limited Announces Resignation of Nominee Director Bajaj Hindusthan Sugar Limited confirmed the resignation of its Nominee Director, Mr. Ramani Ranjan Mishra. The resignation, which is effective immediately, stems from his superannuation from the Punjab National Bank.Mr. Ramani Ranjan Mishra, who served as the Nominee Director representing the Punjab National Bank, officially resigned from the Board of Directors of Bajaj Hindusthan Sugar Limited (BHSL) with effect from May 13, 2026.The details of the change in board membership are as follows:Parameter DetailsDirector Name Mr. Ramani Ranjan MishraDirector Identification Number (DIN) 09389302Role Nominee Director (Representing Punjab National Bank)...