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Max Financial Services Announces Cancellation of Q4 FY26 Earnings Call
Max Financial Services Announces Cancellation of Q4 FY26 Earnings Call Max Financial Services Limited announced on May 10, 2026, that its scheduled earnings call for the fourth quarter of the fiscal year 2026 (Q4 FY26) will not take place.The earnings call pertains to the quarter ended March 31, 2026. The company confirmed that the call, which was originally scheduled for Wednesday, May 13, 2026, at 9:00 a.m. (IST), has been canceled.Max Financial Services Limited stated that the company remains committed to fair and transparent communication processes, and it will continue to follow due disclosure procedures for future investor and analyst engagement.MFSL Stock Price Movement Shares of Max Financial Services Limited slipped by...
Paisalo Digital Limited Reports Utilization of Issue Proceeds for Q1 FY27
Paisalo Digital Limited Reports Utilization of Issue Proceeds for Q1 FY27 Paisalo Digital Limited has reported on the utilization of issue proceeds for the quarter ended March 31, 2026. The statement confirms that the funds raised from debt securities were utilized for their intended purposes, showing no deviation or variation.The company detailed the utilization of proceeds from two separate fund-raising instruments.Details of Funds Raised and Utilized The utilization statement confirms the following proceeds and usage:IssuerISINMode of Fund RaisingInstrument TypeDate RaisedAmount Raised (Rs. in Crore)Funds UtilizedDeviationPaisalo Digital LimitedINE420C07189Private PlacementNon-Convertible DebenturesMarch 18, 202651.00YesNo...
Federal Bank Allots Shares Following Exercise of Employee Stock Options
Federal Bank Allots Shares Following Exercise of Employee Stock Options The Federal Bank Limited confirmed the allotment of equity shares to option grantees, following the exercise of stock options under its Employee Stock Option Scheme (ESOS). The allotments were processed on May 9, 2026, after receiving payment from the allottees.The company stated that the allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee. The shares allotted were issued at a face value of Rs. 2 each.The total allotment details across the two schemes are presented below:Scheme NameAllotment DateNumber of Shares AllottedFace Value per ShareESOS 2010 SchemeMay 09, 20266,165Rs. 2/-ESOS 2017 SchemeMay 09...
Paisalo Digital Board Approves FY 2025-26 Results, Recommends 10% Dividend, and Plans NCD Issuance
Paisalo Digital Board Approves FY 2025-26 Results, Recommends 10% Dividend, and Plans NCD Issuance Paisalo Digital Limited announced key corporate decisions following its Board of Directors meeting held on May 10, 2026. The Board approved the audited financial results for the fourth quarter and the full financial year ended March 31, 2026. In a significant move, the company also recommended a final dividend, alongside formalizing plans to raise funds through the issuance of Non-Convertible Debt Securities (NCDs).The Board meeting confirmed the approval of audited financial statements, both standalone and consolidated, for the quarter and financial year ended March 31, 2026.Dividend and Financial Results The Board of Directors...
IFGL Refractories Limited Announces Change in Leadership at Vizag Works
IFGL Refractories Limited Announces Change in Leadership at Vizag Works IFGL Refractories Limited announced a change in its executive leadership for its Vizag Works division, confirming the resignation of Vice President K Selva Muthu Kumar and the subsequent appointment of C Natarajan to the role.Mr K Selva Muthu Kumar tendered his resignation as Vice President (Vizag Works) due to personal reasons. His resignation was accepted, and the cessation of his role was effective from the close of business hours on May 9, 2026.In the vacuum created by the departure, the company appointed Mr C Natarajan as the new Vice President (Vizag Works), effective May 10, 2026.Mr C Natarajan brings extensive expertise to the role. He holds a...
LIC Housing Finance Limited Reports Demise of Chief Operating Officer Dr. Sanjay Dayal
LIC Housing Finance Limited Reports Demise of Chief Operating Officer Dr. Sanjay Dayal LIC Housing Finance Limited confirmed the untimely demise of its Chief Operating Officer, Dr. Sanjay Dayal. The company issued an update following the passing of Dr. Dayal on May 9, 2026.Dr. Sanjay Dayal served as the Chief Operating Officer of LIC Housing Finance Limited. Records indicate that he had been appointed to this senior role on April 10, 2026.The company provided a formal update detailing the change in its senior management personnel. The key details regarding the transition are summarized below:Particular DetailPersonnel Dr. Sanjay DayalPosition Chief Operating Officer (COO)Reason for Change DemiseDate of Event May 9...
Artemis Medicare Services Limited Reports Completion of Independent Director's Tenure
Artemis Medicare Services Limited Reports Completion of Independent Director's Tenure Artemis Medicare Services Limited announced that Mr. Sunil Tandon has ceased to serve as a Director of the Company. The change was effective upon the completion of his tenure as an Independent Director on May 9, 2026.The departure marks the conclusion of his role as an independent member of the board.Details regarding the change in directorship confirm that Mr. Sunil Tandon (DIN: 08342585) ceased his role on May 9, 2026, due to the completion of his tenure as an Independent Director.For a detailed overview of the change, the following information outlines the material facts:Particulars DetailsDirector Name Mr. Sunil TandonDIN 08342585...
IFCI Limited Reports Change in Independent Director
IFCI Limited Reports Change in Independent Director IFCI Limited has announced that Shri Umesh Kumar has stepped down from his role as an Independent Director of the company. The change is effective from May 10, 2026.Shri Umesh Kumar’s tenure as the Independent Director concluded on May 9, 2026. The cessation of his directorship means that the director's service period has officially concluded on the stated date.IFCI Stock Price Movement On Friday, IFCI Limited shares edged higher, settling at ₹64.45, marking a gain of ₹0.51 or 0.80%. The equity traded on a robust volume of 49.21 million shares.
Paisalo Digital Announces Q4 FY26 and Year-to-Date Financial Results
Paisalo Digital Announces Q4 FY26 and Year-to-Date Financial Results Paisalo Digital Limited announced the approval of its audited financial results for the fourth quarter and financial year ended March 31, 2026. The Board of Directors approved the financial statements (both Standalone and Consolidated) for the period, along with the corresponding year-to-date results spanning from April 1, 2025, to March 31, 2026.The company noted that the Board of Directors convened its meeting on May 10, 2026, to approve the audited financial statements, which are available in both standalone and consolidated formats.Financial Highlights (Standalone Basis) The consolidated financial results show the company's financial performance across the...
CBI Conducts Search at Residence of Director of Reliance Communications Limited
CBI Conducts Search at Residence of Director of Reliance Communications Limited Reliance Communications Limited (RCOM) reported that officials from the Central Bureau of Investigation (CBI) conducted a search and seizure operation on May 09, 2026. The search targeted the residence of Smt. Grace Thomas, who serves as a Non Executive and Non Independent Director of RCOM and was formerly a director of Reliance Telecom Limited (RTL), a wholly owned subsidiary of RCOM.The company confirmed that its business continues to operate in the normal course.During the operation, officials took possession of various documents and records. These included Smt. Grace Thomas's personal details, a copy of the forensic audit report prepared by BDO India...
CMS Info Systems Secures 5-Year ATM Managed Services Mandate from HDFC Bank
CMS Info Systems Secures 5-Year ATM Managed Services Mandate from HDFC Bank CMS Info Systems Limited, India's leading business services platform, announced that it has been awarded an integrated ATM managed services outsourcing mandate by HDFC Bank, India's largest private sector bank.The contract is set for five years, positioning CMS to deliver comprehensive managed service solutions. These services include currency forecasting and logistics, alongside the utilization of the company’s proprietary Vision AI solution, HAWKAI™.The mandate secured from HDFC Bank is valued at ₹400 Cr and covers 6,000 ATMs.Key transaction details from the announcement are summarized below:Client Bank Mandate Type Duration Value ScopeHDFC Bank...
Ritco Logistics Secures ₹49 Crores in New Business, Highlights Strength in PSU and Polymer Sectors
Ritco Logistics Secures ₹49 Crores in New Business, Highlights Strength in PSU and Polymer Sectors Ritco Logistics Ltd., a leading Full Truck Load (FTL) transportation and integrated logistics service provider, reported securing new transportation contracts valued at approximately ₹49 crores during April 2026. This influx of business strengthens Ritco's position across key industrial segments, reflecting the company's ongoing focus on expanding sectoral presence and solidifying long-term partnerships.The recent order wins demonstrated Ritco's capability to manage complex, high-volume bulk logistics operations and its continued strong associations with large public sector undertakings (PSUs).Contract Wins Across Core Industrial...
Blue Dart Express Reports Strong Fiscal Year 2025-26 Results, Recommends ₹25 Dividend
Blue Dart Express Reports Strong Fiscal Year 2025-26 Results, Recommends ₹25 Dividend Blue Dart Express Limited, South Asia's premier express air and integrated transportation and distribution company, announced its financial results for the quarter and year ended March 31, 2026. The results, following the Board Meeting held on May 9, 2026, showcased year-on-year revenue growth, driven by sustained momentum in e-commerce and B2B surface express solutions.The company reported significant financial metrics for the fiscal year ended March 31, 2026. For the full year, Blue Dart recorded revenue from operations of ₹6,14,088 crore, marking an increase compared to the ₹5,720 crore reported in FY2024-25. The profit after tax for the year...
Utkarsh Small Finance Bank Announces Audited Financial Results for March 31, 2026
Utkarsh Small Finance Bank Announces Audited Financial Results for March 31, 2026 Mumbai, May 9, 2026: Utkarsh Small Finance Bank Limited announced its financial results for the quarter and full year ending March 31, 2026. The Board of Directors approved these financial results during a meeting held on May 9, 2026.Key metrics for the quarter and financial year highlighted significant growth in disbursements and structural improvements in asset quality and capital position.Financial Performance Highlights (As on March 31, 2026) The bank's financial standing saw notable developments in its loan portfolio, deposit base, and capital adequacy ratios.Metric Status/Value (March 31, 2026) Comparison PointGross Loan Portfolio ₹19,332...
Gujarat Ambuja Exports Approves FY26 Results, Recommends Final Dividend
Gujarat Ambuja Exports Approves FY26 Results, Recommends Final Dividend Gujarat Ambuja Exports Limited (GAEL) announced that its Board of Directors held a meeting on May 9, 2026, approving the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. Furthermore, the Board recommended a Final Dividend at 30%, translating to Rs. 0.30 per equity share, for the Financial Year 2025-26, subject to the approval of the company’s members at the ensuing Annual General Meeting.The Company also approved the re-appointment of M/s. T. R. Chadha & Co. LLP as Internal Auditor and M/s. N. D. Birla & Co., Cost Accountants, as the Cost Auditor for the Financial Year 2026-2027.The audit reports for the...
REC Limited Announces Incorporation of Three Wholly Owned Power Transmission Subsidiaries
REC Limited Announces Incorporation of Three Wholly Owned Power Transmission Subsidiaries REC Limited has announced the incorporation of three new subsidiary companies. These entities are Wholly Owned Subsidiaries of REC Power Development and Consultancy Limited (RECPDCL), which itself is a subsidiary of REC Limited.The three newly incorporated companies are Bhadla Ramgarh Power Transmission Limited, Lakadia II Power Transmission Limited, and Jam Khambhaliya Jamnagar Power Transmission Limited. According to records, these companies are considered subsidiaries of REC Limited under the provisions of Section 2(87) of the Companies Act, 2013.The new subsidiaries were incorporated on May 9, 2026.Details of Incorporated Power...
Vidya Wires Limited Managing Director Scheduled for Zee Business Interview
Vidya Wires Limited Managing Director Scheduled for Zee Business Interview Vidya Wires Limited announced that its Managing Director, Mr. Shailesh Rathi, is scheduled to participate in a television interview with Zee Business. The discussion is set to take place on Wednesday, May 13, 2026, at 10:35 A.M.The interview engagement marks a corporate media event for the company. Management clarified that no unpublished price sensitive information (UPSI) is intended to be discussed during the session.VIDYAWIRES Stock Price Movement On Friday, Vidya Wires Limited shares edged higher, closing at ₹91.34 after gaining 2.53%. The equity saw strong trading activity, supported by 4.34 million shares traded during the session, with the price...
Advanced Enzyme Technologies Announces Strong Financial Results for Q4 and FY Ended March 2026
Advanced Enzyme Technologies Announces Strong Financial Results for Q4 and FY Ended March 2026 Advanced Enzyme Technologies Limited, a specialty biotech company, today announced its audited financial results for the fourth quarter and the full year ended March 2026. The company, a global leader in manufacturing enzymes and probiotics, reported significant growth across key financial and operational segments.Consolidated Financial Highlights The company's performance metrics for the financial year ending March 2026 show robust year-over-year growth. The consolidated financial data is summarized below:(Amount in INR Mn.) Q4 FY26 Q3 FY26 Q4 FY25 Change (Y-o-Y %) FY26 FY25 Change (%)Revenue 2,034 1,719 1,672 +22% 7,458 6,369 +17%...
Shreyans Industries Ltd. to Hold Board Meeting on May 20, 2025, for Results Approval and Dividend Recommendation
Shreyans Industries Ltd. to Hold Board Meeting on May 20, 2025, for Results Approval and Dividend Recommendation Shreyans Industries Ltd. has scheduled a meeting of its Board of Directors for Wednesday, May 20, 2025. The gathering is set to address the company's financial performance and consider the recommendation of dividends for the previous fiscal year.The board meeting agenda focuses on two primary items crucial to the company's financial reporting and shareholder returns.The key points scheduled for consideration include:Agenda Item Subject Matter Purpose1 Audited Financial Results To consider and approve the results for the Quarter and Financial Year ended 31st March, 2025.2 Dividend Recommendation To consider and...
Omfurn India Limited Unveils Audited Financial Results for Fiscal Year 2026
Omfurn India Limited Unveils Audited Financial Results for Fiscal Year 2026 Omfurn India Limited announced that its Board of Directors approved the audited financial results for the financial year ended March 31, 2026, alongside the accompanying auditor's report. The financial statements provide a detailed look at the company’s performance across the last fiscal year, compared to the figures from the previous year.The company's audited results show Omfurn India Limited's financial position and operational performance for the year ended March 31, 2026, compared to the period ended March 31, 2025.Financial Performance (Year Ended March 31, 2026) The audited statement of financial results reveals significant figures for the company's...
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