Markets

Global Fintech Pine Labs Partners with GCash for Business to Boost Merchant Payments in Philippines Manila, Philippines, May 12, 2026 – Global fintech platform Pine Labs has entered the Philippines market by partnering with GCash for Business, utilizing GCash’s position as the largest cashless ecosystem in the country.Pine Labs, known for its advanced point-of-sale (POS) software capabilities, intelligent platform enhancements, and integrated Value-Added Services (VAS), will power the next phase of merchant acquisition for GCash in the region.The strategic collaboration between GCash for Business and Pine Labs is set to integrate multiple key features into GCash’s existing merchant acquiring solution. These enhancements include...

NIIT Learning Systems Announces FY26 Financial Results; Recommends Dividend of Rs 5.25 per Share NIIT Learning Systems Limited (NIITMTS) announced the release of its audited financial results for the quarter and the full financial year ended March 31, 2026. The company also announced that its Board of Directors recommended a dividend of Rs 5.25 per equity share.The Board of Directors held its meeting on May 12, 2026, where it approved the Audited Financial Statements for the financial year ended March 31, 2026, along with the audited financial results for the quarter and the full financial year. Following this approval, the Board recommended a dividend of Rs 5.25 per equity share, based on the face value of Rs 2 per equity share for...

K.P.R. Mill Limited Announces Audited Financial Results and Recommends 250% Dividend K.P.R. Mill Limited released its financial results following the Board Meeting held on May 12, 2026. The company announced the approval of the standalone and consolidated audited financial results for the year ended March 31, 2026, and recommended a 250% Final Dividend.The company has recommended a Final Dividend of 250% for the Financial Year 2025-26, translating to Rs. 2.50 per equity share of the face value of Rs. 1/- each. This recommendation is subject to the subsequent approval of the company’s shareholders at the Annual General Meeting.Financial Performance Overview The audited financial results for the year ended March 31, 2026, reflect a...

Kriti Industries India Ltd Announces Departure of Independent Director Due to Tenure Completion Kriti Industries India Ltd announced on May 12, 2026, the cessation of Shri Chandrasekharan Bhaskar as a Non-Executive Independent Director. The director's tenure concluded following the completion of two consecutive terms of five years each.Shri Chandrasekharan Bhaskar (DIN: 00003343) shall cease to hold the position of Independent Director with effect from May 12, 2026. His service concluded after two consecutive terms of five years, with his final date of service being May 11, 2026.The company provided detailed information regarding the director's retirement, outlining the specific circumstances and dates related to his service.The...

Park Medi World Limited Achieves Record Performance in FY'26 with Largest Capacity Expansion Gurugram, May 12, 2026: Park Medi World Limited, North India's second largest hospital chain, today announced its audited financial results for the quarter and year ended March 31, 2026. The company reported that Fiscal Year 2026 was the strongest year in its history, marking record financial and operational performance alongside its largest annual capacity expansion.12 Month FY'26 and Q4 FY'26 Highlights The company posted strong growth across its key financial metrics for the 12-month period ended March 31, 2026. Total revenue recorded INR 16,794 mn, representing a 21% year over year (YoY) growth. EBITDA reached INR 4,443 mn, growing 20%...

Kaya Limited Reports Resignation of Vice President & Head Human Resource Kaya Limited announced the resignation of Ms. Amrita Chowdhury from her role as Vice President & Head Human Resource, who was designated as Senior Management Personnel (SMP).The resignation was tendered by Ms. Chowdhury to pursue career opportunities outside the organization.In terms of material details regarding the departure, the company noted that the date of cessation would be decided by the Management, according to the Company's HR Policy.Details concerning the change in management are outlined as follows:ParticularsDetailsReason for changeResignation of Ms. Amrita Chowdhury from the position of Vice President & Head Human Resource designated as...

National Fertilizers Limited Announces Changes in Board of Directors National Fertilizers Limited, a Government of India undertaking, has announced key changes in the composition of its Board of Directors. The changes include the appointment of Shri Arvind Kumar as Director (Finance) and the cessation of the additional charge held by Shri Mahesh Chander Gupta.Shri Arvind Kumar has been appointed to the Board of the company as Director (Finance), effective May 12, 2026. The appointment follows Order No. 82/3/2013-HR-PSU (Part) (e-31064) dated May 8, 2026, issued by the Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India.Concurrently, the company noted that Shri Mahesh Chander Gupta ceased to hold the...

CLC Industries Ltd to Hold Board Meeting on May 20, 2026; Addresses Audits and Trading Window Status CLC Industries Ltd has announced that a meeting of its Board of Directors is scheduled for Wednesday, May 20, 2026. The board meeting is set to address several key corporate governance matters, including the approval of annual audited financial results and the appointment of auditors for the next financial year.During the meeting, the company will consider and approve:The Audited Financial Results for the fourth quarter and the year ended on March 31, 2026, along with the accompanying Audit report. The appointment of the Cost Auditor for the financial year 2026-27. The appointment of M/s. CNA & Associates as the Internal Auditor for...

Puravankara Ltd To Hold Board Meeting to Approve Financial Results for FY 2026 Puravankara Limited has announced that a Board Meeting of its directors is scheduled to take place on Monday, May 18, 2026. The meeting is set to address key financial matters related to the company's performance for the recent financial year.During the board meeting, a primary agenda item will be to consider and approve the draft audited Standalone and Consolidated Financial Results of the Company. This approval process includes the Statutory Audit Report for the quarter and the full financial year ended March 31, 2026.The Board Meeting is scheduled for Monday, May 18, 2026, focusing on finalizing the corporate financial reporting for the period ending...

Coal India Limited Confirms Dissolution of Wholly Owned Subsidiary, CIL Solar PV Coal India Limited has confirmed the dissolution and striking off of its wholly owned subsidiary, CIL Solar PV Limited.The Ministry of Corporate Affairs (MCA), Government of India, issued a notice regarding the company’s status. This notice, dated 11.05.2026, informed that pursuant to sub-section (5) of Section 248 of the Companies Act, 2013, the name of CIL Solar PV Limited was struck off from the Register of Companies, officially dissolving the entity.This update concerns CIL Solar PV Limited, which operates as a wholly owned subsidiary of Coal India Limited.COALINDIA Stock Price Movement Shares of Coal India Limited are edging higher to ₹466.25 as...

TCS and Rezolve Ai Partner to Scale Global Agentic Commerce Solutions Tata Consultancy Services (TCS) has announced a global strategic partnership with Rezolve Ai, a leading AI native commerce infrastructure provider. This collaboration marks TCS' entry into the agentic AI commerce market, enabling global retailers to embed advanced AI into their core commerce workflows and achieve enterprise-wide transformation.Together, TCS and Rezolve Ai will help retailers worldwide utilize AI technology across crucial areas, including conversational commerce, intelligent discovery, and agentic checkout processes. Under the partnership, TCS will enable retail enterprises to leverage Rezolve Ai's proprietary intelligent commerce platform...

MAS Financial Services Appoints Dhvanil Gandhi as Executive Director of Subsidiary MRHMFL MAS Financial Services Limited, a key player in MSME financing, has announced the appointment of Mr. Dhvanil Gandhi as the Executive Director of its subsidiary, MAS Rural Housing & Mortgage Finance Limited (MRHMFL).MAS Financial Services Limited, which is listed under the BSE (540749) and NSE (MASFIN), specializes in the area of MSME financing. The appointment strengthens the leadership team within the subsidiary, MRHMFL.Mr. Dhvanil Gandhi brings extensive experience to the role, having spent over a decade with MAS Financial Services Limited. During his tenure, he played a crucial role in enhancing the SME lending business across India...

One Mobikwik Systems Limited Files Annual Secretarial Compliance Report for FY2026 One Mobikwik Systems Limited has released its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, issued by Surya Gupta & Associates, Company Secretaries, outlines the company's adherence to applicable statutory regulations for the review period.The review assesses compliance with various regulations pertaining to the company’s operations. According to the report, during the review period, the listed entity confirmed compliance with the provisions of all applicable regulations and circulars/guidelines.The review examined the company’s adherence to statutory requirements concerning disclosures and corporate...

Polyplex Corporation Limited Announces Cessation of Independent Director Mr. Ranjit Singh Polyplex Corporation Limited has announced that Mr. Ranjit Singh has stepped down from his position as an Independent Director of the company. The change is effective from May 11, 2026.Mr. Singh’s departure marks the conclusion of his second five-year term serving as an Independent Director.The details regarding the change in the company’s board structure are summarized below:ParticularsDetailsDirector NameMr. Ranjit SinghReason for ChangeCessation as an Independent Director upon completion of second term of five years.Effective DateMay 11, 2026Profile/Relationship DisclosureNot ApplicablePOLYPLEX Stock Price Movement As of...

Bharat Seats Approves Rs. 86.61 Crore Capex, Recommends Dividend, and Elects New Whole Time Director Bharat Seats Limited successfully concluded its Board of Directors meeting on May 6, 2026, approving the Annual Financial Statements for the year ended March 31, 2026, and recommending a dividend payout. The board also approved substantial capital expenditure for new programs at its plants and recommended the re-appointment of Mr. Rishabh Relan as a Whole Time Director.During the board meeting, the company considered and approved key corporate developments, including the Draft Notice for the 39th Annual General Meeting, scheduled for Friday, July 24, 2026.Financial Performance Review The board took note of the audited financial...

One Mobikwik Systems Highlights Profitable Core and Four New Growth Engines in FY26 Results One Mobikwik Systems Ltd released an investor presentation detailing its financial results for the quarter and year ended March 31, 2026. The company highlighted a strategy focused on reinvesting core EBITDA into scaling up the profitable core business while simultaneously building four new growth engines.The company noted that FY26 was an inflection year, marking a bounce back and delivering a 74 Cr EBITDA swing. Looking ahead, MobiKwik plans to focus on scaling the Core business while building out four key new engines.Core Business Pillars and Growth Engines The company outlined its strategy around four primary engines of growth:1...

Mazagon Dock Shipbuilders Limited Board Reviews Appointment of Independent Directors Mazagon Dock Shipbuilders Limited, a Government of India Undertaking, has provided an update regarding its efforts to appoint Independent Directors. The Board of the Company reviewed the matter during its meeting held on April 30, 2026.The Board was informed that, following its directives, the Company had written to the administrative ministry, the Ministry of Defence. This communication was initially conveyed via a letter dated April 4, 2026. The request from the Company sought the appointment of a sufficient number of Independent Directors.Mazagon Dock Shipbuilders Limited stated that the Company remains actively in touch with the Ministry of...

Thacker & Company Ltd: Board Meeting Scheduled to Approve Financial Results for FY 2025-26 Thacker & Company Ltd announced key corporate developments regarding the approval of its annual financial results and the closure of its trading window for designated persons.The Company confirmed that its Board of Directors is scheduled to meet on Wednesday, May 27, 2026. The primary agenda for this board meeting is the consideration and subsequent approval of the Standalone and Consolidated Audited Financial Statements and Audited Financial Results. These statements cover both the Quarter and the entire Financial Year that ended on March 31, 2026. During the meeting, the Board will also recommend any dividend on equity shares for the specified...

MobiKwik Ends FY26 with Profitable Quarters, Sees INR 742 Mn EBITDA Swing One MobiKwik Systems Limited, India's digital wallet, today announced its financial results for the quarter and year ended March 31, 2026. The company reported its second consecutive profitable quarter, marking a meaningful inflection point in its growth trajectory. The strong performance was underpinned by disciplined execution across its Payments and Financial Services businesses.The overall results demonstrated a significant improvement in profitability, with the full-year EBITDA improving by INR 742 Mn year-over-year, approaching breakeven. Furthermore, the company recorded a PAT upswing of INR 604 Mn in Q4 FY26.Key Financial Performance Highlights...

Deepak Fertilisers Receives Order Imposing Penalty from State Tax Authority Deepak Fertilisers & Petrochemicals Corporation Ltd (DFPC) has reported receiving an order from the State Tax authorities detailing a penalty demand.The order was issued by the Deputy Commissioner of State Tax, Nodal-3, Pune, under the reference number PUN-NOD-E- 307/27040000023V/VAT 2026-27/B-242, dated March 31, 2026. The company collected the order on May 11, 2026, at 11:30 am.The order raises a total demand amounting to Rs. 74,89,20,261/-. This total comprises three components:ComponentAmountTaxRs. 31,04,33,269/-InterestRs. 36,08,78,675/-PenaltyRs. 7,76,08,317/-The department alleged the violation involved the levy of the MVAT rate of...