Markets

Gretex Corporate Services Limited Signs Mandate with West Bengal's Ferro Alloys Company Gretex Corporate Services Limited announced on May 09, 2026, that it has entered into a mandate agreement with Ferro Alloys, a company based in West Bengal.The mandate details the proposal for Ferro Alloys to list its shares on a major exchange platform. The company is set to be listed either on the SME Platform of the Bombay Stock Exchange (BSE) or the Emerge Platform of the National Stock Exchange (NSE).The agreement marks a key development for Gretex Corporate Services Limited in facilitating the listing plans of the West Bengal-based entity.GCSL Stock Price Movement On Friday, Gretex Corporate Services Limited shares slipped by 2.76% to...

Bajaj Electricals Faces Upholding of Tax Demand After Appellate Ruling Bajaj Electricals Limited has confirmed that the appellate authority upheld a previous tax assessment order concerning a demand raised for the Financial Year 2020-21.The initial assessment stemmed from an order dated February 28, 2025, issued by the Assistant Commissioner of Revenue, Office of the Special Commissioner, Corporate Division Circle, Directorate of Commercial Taxes, Kolkata, West Bengal. The original assessment raised an aggregate demand due to alleged liability under the Reverse Charge Mechanism and discrepancies in input tax credit claimed.The company subsequently received an appeal order on May 8, 2026, from the Appellate Authority & Additional...

Kalpataru Limited Subsidiary Faces GST Demand Following Appellate Authority Order Kalpataru Limited, through its wholly owned subsidiary Ananta Landmarks Private Limited (ALPL), has received an order detailing a Goods and Services Tax (GST) demand for the period April 2021 to March 2022. The order, dated May 8, 2026, was issued by the Joint Commissioner of State Tax, Mumbai.The current development follows previous GST demands faced by ALPL for earlier financial years.Historical GST Demands The company previously reported demands from the Joint Commissioner of the State Tax (Appeals - VIII) for different periods. These past demands are detailed below:Disclosure Date Period Covered GST Demand (Rs.)February 17, 2026 01/07/2017...

SEPC Limited Receives Funds, Board Approves Conversion of Partly Paid-Up Shares SEPC Limited announced on May 9, 2026, that the company received the final call money against a portion of its outstanding partly paid-up equity shares. Following this receipt, the Rights Issue Committee of the Board of Directors approved the conversion of these paid shares into fully paid-up equity shares.The update relates to the initial First and Final Reminder Cum Forfeiture Notice issued for the outstanding partly paid-up equity shares, which stemmed from a Letter of Offer dated May 22, 2025.The company confirmed that out of the total 49,291,505 partly paid-up equity shares covered by the notice, SEPC Limited received payment of call money for...

Xelpmoc Design And Tech Limited Allots 40,000 Equity Shares Under Employee Stock Option Scheme 2019 Xelpmoc Design And Tech Limited announced the allotment of 40,000 equity shares to certain employees of the company. The allotment was executed following the exercise of vested options granted under the company's Employee Stock Option Scheme 2019.The company confirmed that the employees exercised options for 40,000 shares, with the allotment occurring on May 9, 2026. The exercise price for these options was set at Rs. 19/- per share.The financial details of the option exercise and allotment are as follows:Transaction Detail ValueOptions Exercised 40,000 OptionsExercise Price per Share Rs. 19/-Money Realized Rs. 7,60,000/-...

Rashtriya Chemicals and Fertilizers Limited Reports Cessation of Three Independent Directors Rashtriya Chemicals and Fertilizers Limited, a Government of India Undertaking, announced the conclusion of the tenure for three of its Independent Directors. The change affects corporate governance appointments at the company.The Independent Directors who have ceased their tenure are Shri. Gopinathan Nair Anilkumar, Ms. Anjula Murmu, and Shri. Partha Sarathi Ghosh. Their period of appointment concluded on May 8, 2026. Consequently, all three directors ceased to be Independent Directors of Rashtriya Chemicals and Fertilizers Limited effective May 9, 2026.The company reported the change in directorship following the completion of the...

TVS Motor Company Approves Grant of 22,998 Stock Options Under Employee Plan TVS Motor Company Limited announced the approval of a grant of stock options as part of the TVS Motor Company Employee Stock Option Plan. The allotment was approved by the Nomination and Remuneration Committee (NRC) of the company on May 9, 2026.The company confirmed that the grant involves 22,998 stock options. The plan operates in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.The detailed parameters of the stock option grant are as follows:Detail Description ValueTotal Options Granted Brief details of options granted 22,998 optionsShares Covered Total number of shares covered by these options 22,998...

B.R. Goyal Infrastructure Ltd's Bank Loan Facilities Receive Credit Rating Upgrade from India Ratings India Ratings & Research Private Limited has upgraded the credit rating for B.R. Goyal Infrastructure Limited's bank loan facilities. The rating agency released the upgrade on May 8, 2026, moving the rating from 'IND A3+' to 'IND A2'.The credit rating upgrade pertains to the company's bank loan facilities. B.R. Goyal Infrastructure Limited (BRGIL) has been assigned the new 'IND A2' rating following the action taken by the rating agency.The details of the instrument and the rating action are as follows:Instrument TypeDate of IssuanceCoupon RateMaturity DateSize of Issue (million)Rating Assigned along with Outlook/WatchRating...

Sammaan Capital Limited Makes Timely Interest Payments on Secured Non-Convertible Debentures Sammaan Capital Limited, formerly Indiabulls Housing Finance Limited, announced the successful and timely payment of interest amounts related to its Secured Redeemable Non-Convertible Debentures (NCDs) issued through a Public Issue.The company confirmed that it has paid the entire interest amount across several tranches of the debentures. The payment records indicate that the interest payments are scheduled on a monthly basis, with the due date for the most recent period listed as May 9, 2026, and the actual payment date recorded as May 8, 2026.The company provided detailed records of the interest payments, which span seven distinct...

Sammaan Capital Limited Reports Timely Interest Payment on Secured NCDs Sammaan Capital Limited announced on May 9, 2026, that it made a timely payment of interest related to Secured Redeemable Non-Convertible Debentures (NCDs) issued through a private placement basis.The company confirmed that the entire interest amount for the debentures listed on the stock exchanges was successfully paid.The transaction details for the interest payment are provided below, outlining the key dates and financial metrics involved.ISINIssue Size (in INR lacs)Interest Amount Due (in INR lacs)FrequencyInterest Payment Record DateDue DateActual Payment DateAmount of Interest Paid (in INR lacs)Date of Last Interest Payment...

Tirupati Fincorp Ltd Postpones Board Meeting, Reschedules for May 15, 2026 Tirupati Fincorp Ltd announced the postponement of its Board Meeting, which had been originally scheduled for Wednesday, May 13, 2026. The company stated that the meeting has been rescheduled due to unforeseen and unavoidable circumstances.The Board Meeting for Tirupati Fincorp Ltd will now be convened on Friday, May 15, 2026.The company issued the update on May 09, 2026, confirming the revised date for stakeholders.Stock Price Movement Tirupati Fincorp Ltd did not settle trading on Monday, as the shares were suspended due to penal reasons. During the trading day, the stock fluctuated between a low of ₹149.80 and an intraday high of ₹152.00.

Data Patterns Announces Board Meeting to Approve FY 2025-26 Results and Consider Final Dividend Data Patterns (India) Ltd. announced that its Board of Directors meeting is scheduled for Thursday, May 14, 2026. The meeting is set to address the company's financial performance and potential shareholder payouts.The Board meeting agenda includes two primary points:1. Approval of the Audited Financial Results of the Company for the quarter and the year ended March 31, 2026. 2. Consideration of the recommendation for a Final Dividend on the equity shares for the financial year 2025-26, which is subject to the approval of the company's shareholders.The company also provided an update regarding its trading window status. Data Patterns...

Tata Communications to Acquire 26% Stake in Clean Max Yuhdul for Renewable Energy Goals Tata Communications Limited has entered into a Share Purchase Agreement (SPA) aimed at bolstering its commitment to sustainability and energy efficiency through an acquisition in the renewable power sector.The company entered into the Share Purchase Agreement on May 8, 2026, with Clean Max Enviro Energy Solutions Limited and its wholly-owned subsidiary, Clean Max Yuhdul Private Limited ('SPV'). Through this transaction, Tata Communications plans to acquire 2,600 equity shares, securing a 26% stake in the SPV.The acquisition is intended to advance the company's long-term goals of achieving carbon neutrality and net-zero targets. Furthermore, the...

Dai-Ichi Karkaria Ltd Plans Capacity Addition for Alkoxylation Project at Dahej Plant Dai-Ichi Karkaria Ltd has announced an expansion plan for its Alkoxylation project, which is being undertaken at the company's Dahej Plant. The move aims to support the company’s future growth, given that current capacity is fully utilized.The company plans to significantly augment its existing operational capacity through this expansion.According to the details provided, the company’s existing capacity for Alkoxylation is approximately 5000 MT per annum, contingent upon the specific product mix. The current capacity utilization stands at approximately 95%.The planned addition capacity is also estimated at approximately 5000 MT per annum...

CreditAccess Grameen Ltd Schedules Investor Meetings in London, Paris, and Edinburgh CreditAccess Grameen Ltd has scheduled a series of investor meetings across multiple international locations, including London, Edinburgh, and Paris. The meetings are designed for various asset management firms and investment partners, detailing specific dates, timings, and locations for the engagements.The company's engagement schedule is structured across several days in May 2026.Investor Meeting Schedule Details The following tables detail the one-to-one meetings planned for various institutions.Meetings Scheduled for May 11 to May 14, 2026:DateTimeInvestorMeeting TypeModeLocation11.05.202610:30 AM to 11:30 AMSkerryvore Asset...

Synergy Green Industries Ltd to Hold Board Meeting on May 19, 2026 Synergy Green Industries Ltd has scheduled a Board Meeting of its Directors for Tuesday, May 19, 2026, at its registered office in Kolhapur. The meeting is slated to approve and take on record several material corporate matters, including the company's audited financial results and potential dividend recommendations.At the Board Meeting, the directors will consider and take on record key agenda items essential for the company's financial reporting.Key agenda points for the meeting include:TopicDetailsFinancial ResultsAudited Financial Results of the Company for the quarter and Year ended on March 31, 2026.Dividend RecommendationConsideration and...

Shriram Asset Management to Hold Board Meeting to Discuss Q4 and Full-Year Financial Results Shriram Asset Management Company Ltd has scheduled a Board of Directors meeting to review the audited financial results for the quarter and the full year ended March 31, 2026.The company announced that the Board Meeting will take place on Friday, May 15, 2026.The meeting's primary agenda item is to consider the Audited Financial Results for the Quarter and Year Ended March 31, 2026.Stock Price Movement Shriram Asset Management Company Ltd shares closed on Friday at ₹315.75, retreating by 2.20% for the day. The stock traded throughout the session within a notable range, touching a high of ₹329.00 and a low of ₹311.25.

MCX Reports Strong Financial Performance, PAT Jumps 138% to Rs. 1,332 Crores Mumbai, May 08, 2026: Multi Commodity Exchange of India Ltd (MCX) announced its audited financial results for the quarter and full year ended March 31, 2026. The company reported significant growth across key operational metrics, with its Profit After Tax (PAT) surpassing Rs. 1,332 crores, marking a 138% increase year over year.The Board of Directors of Multi Commodity Exchange of India Limited recommended a final dividend of Rs. 8 per share, which is based on a face value of Rs. 2 per share, pending approval at the ensuing Annual General Meeting (AGM).Strong Revenue and Profit Growth The financial results highlight substantial year-over-year growth. Total...

Tips Films Limited Releases Audited Financial Results for Q4 and Full Year Ended March 31, 2026 Tips Films Limited has released its audited financial results, providing a comprehensive view of its performance and financial position for the quarter and full year ended March 31, 2026. The results detail the company's income, expenditure, and capital structure for the specified periods.Financial Performance Summary The statement of audited financial results highlights the company's total income and expenditures across the reporting periods.ParticularsMarch 31, 2026 (T)December 31, 2025March 31, 2025Year Ended March 31, 2026Year Ended March 31, 2025Net sales / income from operations235.57406.456,036.7515,827.147,403.99Other...

Texmaco Rail Bags Order of Rs. 27.82 Crores from Hindalco Industries Texmaco Rail & Engineering Limited has announced that it has received a contract order from Hindalco Industries Limited. The order is valued at Rs. 27.82 crores and pertains to the supply of railway equipment.The contract specifies the supply of 1 BTAP rake and one Brake Van. The deal was awarded by a domestic entity, and the order value of Rs. 27.82 crores includes all applicable taxes.The execution period for the order is set to be completed within 10 months from the date of the Purchase Order (PO). The company confirmed that the transaction does not fall under related party arrangements and that neither the promoter nor the promoter group has any interest in...