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Equitas Small Finance Bank Announces Joint Statutory Auditors for FY 2026-2027
Equitas Small Finance Bank Announces Joint Statutory Auditors for FY 2026-2027 Equitas Small Finance Bank Limited, formerly known as Equitas Finance Limited, has announced the successful appointment and re-appointment of its Joint Statutory Auditors for the financial year 2026-2027.The Bank confirmed that the Reserve Bank of India accorded approval for the appointment on May 13, 2026.The Bank's auditors for the stipulated financial year include two firms:Auditor Firm Status of Appointment DetailsM/s Suri & Co., Chartered Accountants Re-appointment (Third Year) FRN: 004283SM/s Sundaram & Srinivasan, Chartered Accountants Initial Appointment (First Year) FRN: 004207SThe Bank noted that the appointment of M/s Sundaram &...
Triveni Engineering & Industries Postpones Q4 and FY26 Results Conference Call
Triveni Engineering & Industries Postpones Q4 and FY26 Results Conference Call Triveni Engineering & Industries Limited announced the postponement of its Conference Call for the Q4 and Fiscal Year 2026 results. The investor and analyst call, which was originally scheduled for Monday, May 18, 2026, at 11:00 a.m. IST, has been rescheduled.The company stated that the delay is necessary due to the postponement of the Board meeting responsible for considering and approving the said financial results.Triveni Engineering & Industries Limited confirmed that it will notify the revised date for the conference call as and when the schedule is finalized. This update pertains to the results for Q4 and FY26.TRIVENI Stock Price Movement As of...
Sundaram Clayton Limited Reappoints Statutory Auditors for Five-Year Term
Sundaram Clayton Limited Reappoints Statutory Auditors for Five-Year Term Sundaram Clayton Limited announced the reappointment of M/s. Raghavan, Chaudhuri & Narayanan, Chartered Accountants, as its Statutory Auditors. The decision was taken by the Board of Directors at a meeting held on May 14, 2026.The reappointment covers an audit period of five consecutive years, commencing from the financial year 2026-27 and concluding with the financial year 2030-31. The appointment is subject to the final approval of the company's shareholders at the ensuing Annual General Meeting.The company records indicate the following details regarding the audit tenure:Detail InformationAuditing Firm M/s. Raghavan, Chaudhuri & Narayanan, Chartered...
WFNS Innovation Committee Forms Landmark Partnership with Time Medical International Ventures
WFNS Innovation Committee Forms Landmark Partnership with Time Medical International Ventures The World Federation of Neurosurgical Societies (WFNS) Innovation & Technology Committee has announced a landmark collaboration with Time Medical International Ventures (India) Pvt. Ltd, a wholly owned subsidiary of Fischer Medical Ventures Limited. This partnership marks a significant milestone in advancing global neurosurgical care by integrating advanced medical technology with global neurosurgical leadership.The collaboration represents a historic first for the WFNS Innovation & Technology Committee, as the organization formally welcomes an industry partner into its innovation ecosystem. The partnership aims to strengthen global...
Interarch Building Solutions Reports Audited Financial Results for FY26, Highlights Strong Export and Expansion Plans
Interarch Building Solutions Reports Audited Financial Results for FY26, Highlights Strong Export and Expansion Plans Interarch Building Solutions Limited, a major provider in the Pre-Engineered Building (PEB) Industry, has announced its audited financial results for the quarter and year ended March 31, 2026. The company leveraged its strong order book and capacity expansion efforts, while also recommending a final dividend to its shareholders.The financial summary for the quarter and the full fiscal year shows significant year-over-year growth in top-line revenue and operating profit.Particulars (INR Cr.) Q4 FY26 Q4 FY25 YoY (%) FY26 FY25 YoY (%)Revenue from operations 503.6 463.5 8.7% 1,898.0 1,453.8 30.6%EBITDA (excl...
BOROSIL RENEWABLES LIMITED Executive Chairman Discusses Company Update on CNBC-TV18
BOROSIL RENEWABLES LIMITED Executive Chairman Discusses Company Update on CNBC-TV18 BOROSIL RENEWABLES LIMITED recently featured an interview with its Executive Chairman, Mr. Pradeep Kumar Kheruka. The discussion, which took place on CNBC-TV18 on May 14, 2026, provided an update on the Company's general business operations.The interview centered on sharing insights into the general business update of BOROSIL RENEWABLES LIMITED.The footage of the discussion is available online and can be viewed at the provided link: .The Company noted that the interview was also available for viewing on the official BOROSIL RENEWABLES LIMITED website.BORORENEW Stock Price Movement Shares of BOROSIL RENEWABLES LIMITED are dropping by 2.94% in live...
RITES Limited Opens Representative Office in the Philippines for Business Development
RITES Limited Opens Representative Office in the Philippines for Business Development RITES Limited announced the establishment of its Representative Office in the Philippines. The new office operates under the name 'Rites Limited SE-Asia Rep. Ofc.'The move is designed to cater to the company's business development activities in the region.The announcement detailing the establishment of the office was made on May 14, 2026.RITES Stock Price Movement Shares of RITES Limited are edging higher to ₹213.22 as of 1:07 PM, gaining 0.25% in live trading. This upward momentum occurs amid robust market participation, with 446,440 shares traded so far today.
Venky's (India) Limited Reports Financial Results for Quarter and Year Ended March 31, 2026
Venky's (India) Limited Reports Financial Results for Quarter and Year Ended March 31, 2026 Venky's (India) Limited announced its audited financial results for the quarter and year ended March 31, 2026. The company also recommended a dividend payment for the financial year.The Board of Directors recommended a dividend of Rs. 1.00 per equity share (100%) for the year ended March 31, 2026. This dividend is subject to the approval of the shareholders at the Annual General Meeting.Financial Results Overview The Statement of Financial Results for the quarter and year ended March 31, 2026, details the company's performance across various revenue, expense, and profit metrics.The key financial figures for the quarter and year ended March...
Competition Commission Approves Merger of Three Entities with Lloyds Engineering Works Limited
Competition Commission Approves Merger of Three Entities with Lloyds Engineering Works Limited The Competition Commission of India (CCI) has approved the proposed Scheme of Merger by Absorption involving Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited, and Techno Industries Private Limited. The merger involves absorbing the three transferor companies into Lloyds Engineering Works Limited, which is a material subsidiary of Lloyds Enterprises Limited.The approval, granted during a meeting held on May 12, 2026, covers the Scheme of Merger by Absorption. This transaction is conducted under Section 31(1) of the Competition Act, 2002, and operates pursuant to Sections 230 to 232 and other applicable...
Tilaknagar Industries' Subsidiary Secures Approval for Six-Fold Capacity Boost in Andhra Pradesh
Tilaknagar Industries' Subsidiary Secures Approval for Six-Fold Capacity Boost in Andhra Pradesh Tilaknagar Industries Limited (TI), a leading Indian-Made Foreign Liquor (IMFL) manufacturer, has announced that its wholly-owned subsidiary, Prag Distillery (P) Ltd, has received the requisite approvals from the Andhra Pradesh Government. This authorization permits the subsidiary to commence production immediately at its expanded facility.The expansion is set to significantly boost the operational scale of the facility. The bottling capacity at Prag will increase six-fold, moving from 6 lakh cases per annum to 36 lakh cases per annum.Strategic Capacity Enhancement Last year, the Board of Directors of TI approved an investment of INR 59...
UCO Bank Names New Director as Board Composition Sees Changes
UCO Bank Names New Director as Board Composition Sees Changes UCO Bank has announced a change in the composition of its Board of Directors, with the Central Government nominating Shri Hari Har Mishra to the board. This appointment takes effect with immediate impact, following the cessation of Shri Sudhir Shyam as a director.Shri Hari Har Mishra has been nominated by the Central Government to serve as a Director on the UCO Bank Board. This appointment was made in place of Shri Sudhir Shyam.Effective May 13, 2026, Shri Sudhir Shyam ceased his tenure as a Director on the bank's Board.The appointment of Shri Hari Har Mishra is effective immediately and will continue until further orders. Shri Hari Har Mishra currently serves as...
TAC InfoSec Reports Strong Profitability with 88% Revenue Growth in FY26
TAC InfoSec Reports Strong Profitability with 88% Revenue Growth in FY26 TAC InfoSec Limited has reported a year of significant profitable scale for the fiscal year ending March 31, 2026. The company achieved 88% year-on-year growth in revenue from operations, while maintaining strong operating leverage and solidifying its position in the global cybersecurity market.For FY26, the company reported Revenue from Operations of ₹57.26 Cr. EBITDA increased by 81% year-on-year, reaching ₹30.75 Cr, translating to an EBITDA margin of 53.8%. Profit After Tax (PAT) stood at ₹26.35 Cr, marking a 78% increase year-on-year, with the PAT margin maintained at 46.1%.Financial Highlights (In INR Cr) The financial performance shows robust growth...
Neetu Yoshi Ltd Secures RDSO Approval for Manufacturing Constant Contact Side Bearer
Neetu Yoshi Ltd Secures RDSO Approval for Manufacturing Constant Contact Side Bearer Neetu Yoshi Ltd has achieved a significant milestone in the railway component manufacturing sector, successfully receiving a Final Decision Letter from the Research Designs and Standards Organisation (RDSO) under the Ministry of Railways.The approval confirms that the company's manufacturing facility, located in Haridwar, Uttarakhand, has been approved and included in the RDSO Vendor Directory. The approval pertains specifically to the manufacturing of Constant Contact Side Bearer for freight Bogies.The company has been granted an approved manufacturing capacity of 112,200 units per annum under the Developmental Vendor Category.This registration...
Maruti Suzuki Reports Consolidated Financial Results for Fiscal Year 2025
Maruti Suzuki Reports Consolidated Financial Results for Fiscal Year 2025 Maruti Suzuki India Limited has released its consolidated financial results for the fiscal year 2025. The reports provide a detailed look at the company's revenue, operating profit, and sales performance across various segments, highlighting both year-on-year changes and key market contributions.According to the consolidated financials, Maruti Suzuki reported a total revenue of 6,293.0 for the fiscal year 2025, up from 5,825.2 in FY24. While the operating profit saw a slight decrease, the profit attributable to the owners of the parent company increased to 469.5, marking an improvement over the previous year.Financial Performance Overview The company's...
Mahindra & Mahindra Subsidiary Sells Remaining Stake in CIE Automotive S.A.
Mahindra & Mahindra Subsidiary Sells Remaining Stake in CIE Automotive S.A. Mahindra & Mahindra Limited announced on May 14, 2026, the successful sale of its subsidiary's remaining stake in CIE Automotive S.A. The divestment, executed by Mahindra Overseas Investment Company (Mauritius) Limited (MOICML), concludes MOICML's association with the Spanish automotive firm.According to the announcement, MOICML, a wholly owned subsidiary of Mahindra & Mahindra Limited, sold its entire remaining holding in CIE Automotive S.A. The transaction involved a stake representing 3.58% of CIE Automotive S.A.'s outstanding shares.The sale resulted in a total consideration of approximately EUR 126 million.Following the sale, the reporting confirms...
Balaji Amines Reports Consolidated Q4FY26 Revenue of ₹ 403 Crore Amid Strong Operational Gains
Balaji Amines Reports Consolidated Q4FY26 Revenue of ₹ 403 Crore Amid Strong Operational Gains Solapur, May 13, 2026: Balaji Amines Limited, a prominent manufacturer of Aliphatic Amines and Specialty Chemicals in India, has announced its audited financial results for the quarter and year ended March 31, 2026. The company specializes in manufacturing Methyl Amines, Ethyl Amines, Derivatives of Amines, and various Specialty Chemicals.The financial results show strong operational momentum, with consolidated Q4FY26 revenue reaching ₹ 403 Crore, and consolidated Net Profit standing at ₹ 65 Crore.Financial Performance Overview The company's performance across key financial metrics for the quarter and the full fiscal year is detailed...
NCLT Sanctions Composite Scheme of Arrangement for Triveni Engineering and Sir Shadi Lal Enterprises
NCLT Sanctions Composite Scheme of Arrangement for Triveni Engineering and Sir Shadi Lal Enterprises The National Company Law Tribunal (NCLT), Allahabad Bench, has sanctioned a Composite Scheme of Arrangement involving Triveni Engineering & Industries Limited, Sir Shadi Lal Enterprises Limited, and Triveni Power Transmission Limited. The approved scheme facilitates the amalgamation of Sir Shadi Lal Enterprises Limited into Triveni Engineering & Industries Limited, coupled with the demerger of the PTB Undertaking from Triveni Engineering & Industries Limited into Triveni Power Transmission Limited.The Scheme, passed by the Tribunal, outlines comprehensive transfers of assets, liabilities, and undertakings among the three applicant...
Standard Engineering Technology Approves FY26 Financials and Strengthens Board with Key Director Appointments
Standard Engineering Technology Approves FY26 Financials and Strengthens Board with Key Director Appointments Standard Engineering Technology Limited (formerly Standard Glass Lining Technology Limited) held its Board of Directors meeting on May 14, 2026. During the meeting, the Board considered and approved the company's financial results for the fourth quarter and the full fiscal year ended March 31, 2026. Additionally, the Board formalized several key corporate governance changes, including the appointment of a new Independent Director and the modification of a director’s designation.Financial Results and Audit Opinion The Board approved the financial results for the quarter and year ended March 31, 2026, which were subjected to...
Quality Power Posts FY26 Results: Total Revenue Jumps to 10,070 Mn, PAT Reaches 1,855
Quality Power Posts FY26 Results: Total Revenue Jumps to 10,070 Mn, PAT Reaches 1,855 Quality Power Electrical Equipments Limited has released its financial results for the fourth quarter and the full fiscal year 2026, highlighting significant growth in revenue and profitability driven by its position as a key provider of energy transition solutions and power technologies.The company reported a Total Revenue of 10,070 Mn for FY2026, marking a considerable increase from the previous fiscal year. Profit After Tax (PAT) for FY2026 stood at 1,855, accompanied by a substantial growth in the order book.Financial Performance Highlights The consolidated financial results show robust year-over-year growth across key metrics. For the full...
NCLT Sanctions Composite Scheme of Arrangement for Triveni Engineering and Industries, Sir Shadi Lal Enterprises, and Triveni Power Transmission
NCLT Sanctions Composite Scheme of Arrangement for Triveni Engineering and Industries, Sir Shadi Lal Enterprises, and Triveni Power Transmission The National Company Law Tribunal (NCLT), Allahabad Bench, sanctioned a Composite Scheme of Arrangement involving Triveni Engineering & Industries Limited, Sir Shadi Lal Enterprises Limited, and Triveni Power Transmission Limited. The order, pronounced on May 7, 2026, formalizes the amalgamation of Sir Shadi Lal Enterprises Limited with Triveni Engineering & Industries Limited, and the demerger of the PTB Undertaking from the Amalgamated Company to Triveni Power Transmission Limited.The Scheme, which was filed before the Tribunal, provides for two main corporate actions:Amalgamation Details...
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