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Jeena Sikho Lifecare Limited Approves Sale of 48 Bigha Land Parcel in Punjab Jeena Sikho Lifecare Limited announced that its Board of Directors, during a meeting held on May 8, 2026, approved the sale of a substantial land parcel located in Punjab. The transaction involves selling approximately 48 Bigha of non-operational land to Tresco Realty Group LLP for an aggregate consideration of ₹24,00,00,000.The land in question is situated at Service Road (under Flyover), Chandigarh - Bathinda Highway, in Village Ramnagar, Tehsil Rajpura, District Patiala, Punjab. Tresco Realty Group LLP (LLPIN: ACT-5901) was named as the purchaser for this sale.The Company confirmed that the Agreement to Sell for the property was executed on May 7, 2026...

Euro Panel Products Expands Portfolio by Incorporating Sealant Subsidiary, Euro Sealant Private Limited Euro Panel Products Limited, which operates under the flagship brand Eurobond, has announced the formal incorporation of Euro Sealant Private Limited as a majority-owned subsidiary. This move marks a significant diversification of the company's offerings, extending its reach from architectural panels into the broader building materials sealant sector.The introduction of Euro Sealant allows the company to present the construction industry with high-quality, multi-purpose supplementary products. These sealants are professional-grade and designed to deliver robust performance across diverse substrates such as glass, metal, brick, and...

Zim Laboratories Completes EU GMP Inspection Audit at Nagpur Facility Zim Laboratories Limited recently underwent a critical European Good Manufacturing Practices (EU GMP) compliance inspection at its manufacturing facility located in Nagpur, Maharashtra.The facility, situated at B-21/22, MIDC Area, Kalmeshwar - 441 501, District Nagpur, Maharashtra, was inspected by regulatory authorities from Germany and Portugal. The inspection process took place between May 04, 2026, and May 07, 2026, as part of the rigorous EU GMP compliance process.ZIMLAB Stock Price Movement Today, Zim Laboratories Limited shares edged higher to close at ₹103.14, gaining 8.25% for the session. The stock saw solid activity today, with a total traded volume...

Marushika Technology Limited Pays Penalty After ROC Delhi I Imposes Adjudication Order Marushika Technology Limited recently finalized a penalty payment following an Adjudication Order passed by the Registrar of Companies, Delhi I. The order addressed defaults related to the filing of necessary financial forms.The penalty relates to the company's non-compliance with the requirements to file Form AOC-4 CFS for the financial year 2023-24. According to the details provided, the company was required to submit Form AOC-4 CFS within 30 days of the Annual General Meeting (AGM), which was held on September 25, 2024. Instead, the company had filed Form AOC-4 vide SRN N07262520 dated October 25, 2024.The Registrar of Companies, Delhi I...

CreditAccess Grameen Limited Announces Audited Financial Results for March 2026 CreditAccess Grameen Limited confirmed that its Board of Directors, during a meeting held on May 08, 2026, approved the Audited Financial Results for the quarter and the financial year ended March 31, 2026. The company, a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India and classified as NBFC-ML (middle layer), also received an unmodified opinion from independent statutory auditors on these results.The company released detailed standalone and consolidated financial statements covering the reporting periods for the quarter and the full financial year.Financial Performance Highlights (in crore) Standalone Financial Results...

Grindwell Norton Limited Recommends ₹19 Dividend Per Share; Releases FY2026 Financial Results Grindwell Norton Limited announced the outcome of its Board of Directors meeting held on May 8, 2026. The board considered and recommended a dividend of ₹ 19/- per equity share, representing 380% of ₹5/- each, for the financial year ended March 31, 2026. This dividend recommendation is subject to the approval of the company's members at the Annual General Meeting (AGM).The company also disclosed its audited Standalone and Consolidated Financial Results for the quarter and full financial year ended March 31, 2026.Key Dates and Dividend Details The Board fixed Friday, July 10, 2026, as the Record Date for determining member entitlement to the...

Hi-Green Carbon Limited Board Approves Appointments of Secretarial and Internal Auditors Hi-Green Carbon Limited confirmed that its Board of Directors held a meeting on May 8, 2026. During the session, the Board considered and approved several general business transactions, including the appointment of new professionals to serve as the Secretarial and Internal Auditors for the company.The Board meeting commenced at 05:00 p.m. and concluded at 05:40 p.m.The board's approvals centered on appointing two major auditing firms to oversee the company's compliance and internal controls for the next two financial years.Audit Appointment Details The company approved the appointment of M/s. JPMK & Associates, Practicing Company Secretaries...

Sat Kartar Life Limited Expands Operations into Curated Spiritual and Wellness Offerings Sat Kartar Life Limited, formerly known as Sat Kartar Shopping Limited, has announced the adoption of a new line of business focused on curated spiritual offerings and wellness-related products. This expansion aims to build a comprehensive, holistic wellness platform for customers seeking physical, mental, and spiritual well-being.The new business scope involves a wide range of activities, including manufacturing, developing, marketing, trading, importing, exporting, and retailing of products in India and internationally.The detailed scope of the new venture includes:Category DescriptionProducts & Offerings Curated spiritual and wellness...

Niva Bupa Reports Strong FY26 Performance, Achieving 80% PAT Growth Gurugram, May 8, 2026: Niva Bupa Health Insurance today announced its financial results for the fourth quarter and full year ended March 31, 2026. The company reported strong profitability and notable market share gains, reflecting improved operational performance.For the full fiscal year 2026, the company’s IFRS Profit After Tax (PAT) stood at ₹ 366 crore, marking an 80% growth compared to the previous financial year.Financial and Operational Highlights The company achieved significant year-on-year growth in premiums and operational ratios. For the full year, Niva Bupa reported a Gross Written Premium (GWP) of ₹ 8,586 crore (with 1/n) and ₹ 9433 crore (without...

Bank of India Board Approves Dividend of Rs. 4.65 Per Share on FY2026 Results Bank of India announced the outcome of its Board Meeting held on May 8, 2026, disclosing the audited financial results for the fourth quarter and the full financial year ended March 31, 2026. The Board recommended a dividend of Rs. 4.65 per equity share (representing 46.50% of the face value of Rs. 10 each) for the Financial Year 2025-26, pending approval from the shareholders at the Annual General Meeting.The bank has set the record date for the dividend payment as May 29, 2026. Shareholders holding shares on this cut-off date will be eligible for the dividend payment. The 30th Annual General Meeting of the Bank is scheduled for June 15, 2026, and will be...

Apollo Hospitals Completes Scheme Arrangement Proceedings Following NCLT Order Apollo Hospitals Enterprise Limited announced on May 8, 2026, that it received the certified true copy of an order dated May 5, 2026, from the National Company Law Tribunal (NCLT), Chennai Bench. The order pertains to the proposed composite scheme of arrangement involving the Company and three related entities.The scheme of arrangement, which was jointly filed by Apollo Hospitals Enterprise Limited, Apollo Healthco Limited, Keimed Private Limited, and Apollo Healthtech Limited, aims to restructure operations under the provisions of the Companies Act, 2013. The parties involved in the scheme are:Apollo Hospitals Enterprise Limited (The Company) Apollo...

RBI Scraps NPA Provision Hurdle: Banks Gain Easier Access to Profits for CRAR Calculation The Reserve Bank of India (RBI) has issued critical Amendment Directions streamlining how banks calculate their Common Equity Tier 1 (CET1) capital. The regulatory changes significantly ease prior restrictions, allowing banks to more reliably include quarterly profits when computing the Capital to Risk weighted Assets Ratio (CRAR).The updated guidelines represent a substantial shift in prudential norms, making capital adequacy computation less susceptible to volatile provisions for non-performing assets (NPAs). This move is expected to provide immediate clarity and stability across the banking sector.RBI Finalizes Amendments to Capital Adequacy...

RBI Extends Directive for Sri Guru Raghavendra Bank Niyamitha Until August 2026 Amid Regulatory Oversight The Reserve Bank of India (RBI) has issued crucial directions extending the operational period for Sri Guru Raghavendra Sahakara Bank Niyamitha in Bengaluru. The extension confirms ongoing regulatory scrutiny, maintaining the bank under the purview of specific directives.This action was formally published on May 8, 2026, under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The RBI stated that the extension was necessary in the public interest, requiring continued oversight of the institution.RBI Extends Directive Period for Bengaluru Bank The RBI utilized its powers vested under the Banking Regulation Act...

CreditAccess Grameen Reports Strong Q4 FY26 Results; AUM Reaches INR 29,590 Crore CreditAccess Grameen Limited, India's prominent rural-focused inclusive financing platform, announced its audited financial results for the fourth quarter and financial year ending March 31, 2026. The company reported significant growth in its Assets Under Management (AUM) and Profit After Tax (PAT), signaling a strong performance trajectory.Q4 FY26 Business Highlights During the fourth quarter of fiscal year 2026, the company reported that its AUM grew 14.0% Year-over-Year (YoY), reaching INR 29,590 crore from INR 25,948 crore. Disbursements saw an increase of 28.4% YoY, rising from INR 6,472 crore to INR 8,313 crore.Key operational highlights for the...

SEBI Issues Key Status Update: Track the 35+ IPO Drafts Awaiting Final Clearances The Securities and Exchange Board of India (SEBI) has released a comprehensive weekly update detailing the processing status of draft offer documents (DPFs) filed by issuers seeking to launch Initial Public Offers (IPOs). The report, dated May 8, 2026, underscores the high volume of corporate fundraising activity currently under regulatory review.As mandated by the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, every unlisted company aiming for an IPO must file a draft offer document through a merchant banker. This weekly status report provides critical insight into the readiness level of these proposed listings.Major IPO Draft...

Inspirisys Solutions Announces Audited Financial Results for FY2025-2026 Inspirisys Solutions Limited (INSPIRISYS) has released its audited financial results for the year ended March 31, 2026, for both standalone and consolidated results. The company reported the results of its Board Meeting held on May 08, 2026.The results, which include the comprehensive financial statements, were audited by M/s M S KA & Associates LLP, who issued an unmodified opinion on the audited standalone and consolidated annual financial results for the period.Consolidated Financial Overview The Group demonstrated significant growth in its revenue and profitability during the fiscal year 2025-2026.The key consolidated financial figures for the period are...

Audio Recording of Investor Call Regarding AAML Acquisition Available Arvind Limited has announced that the audio recording of an Investor call has been made available on the company website. The call relates to the acquisition by Arvind Advanced Materials Limited (AAML), which is a wholly owned subsidiary of Arvind Limited.The Investor call took place on May 7, 2026. The company confirmed the availability of the audio recording, which details the acquisition process involving AAML.Stakeholders can access the audio recording through the official Arvind Limited website at the following link: https://www.arvind.com/sites/default/files/2026-05/10042710.mp3.ARVIND Stock Price Movement Arvind Limited shares today slipped by 2.88% to...

Oberoi Realty Announces Audited Financial Results for Fiscal Year 2026 Oberoi Realty Limited announced the audited consolidated and standalone financial results for the year ended March 31, 2026. The Board of Directors approved the financial results during its meeting held on May 8, 2026.The statutory auditors issued an unmodified audit opinion on the results. With the financial results communicated, the trading window for the company's equity shares is set to open effective May 11, 2026.During the Board meeting, the company also declared a 4th interim dividend of Rs. 2 per equity share, representing 20% of the face value of the equity share for the financial year 2025-2026.Financial Performance Highlights The financial results...

Voler Car Limited Announces FY2026 Financial Results and Reappoints Internal Auditor Voler Car Limited announced the outcomes of its Board of Directors meeting held on May 8, 2026, finalizing the audited financial results for the year ended March 31, 2026. The Board also confirmed the re-appointment of the company's internal audit department for the financial year 2026-27.The audited financial results for the year ended March 31, 2026, present detailed performance data across key metrics, including revenue and expenses.Financial Performance Overview The company's financial statements for the year ended March 31, 2026, show the following consolidated revenue and expense details:Statement of Financial Results (Figures in ₹ Lakhs)...

Bank of Baroda Announces Financial Results for Q4FY26, Highlights Milestone and Board-Recommended Dividend Bank of Baroda has announced its audited financial results for the quarter and financial year ended March 31, 2026. The bank reported robust profitability, with its global business crossing a milestone of INR 30 lakh crore. The Board of Directors also recommended a substantial dividend for the fiscal year 2025-26.The Board of Directors of Bank of Baroda approved the results, recommending a dividend of Rs 8.50 per equity share (Face Value of Rs 2 each) for FY2025-26, subject to approval at the Annual General Meeting. The record date for dividend payment has been fixed as June 05, 2026.Financial Performance and Profitability Bank...