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Remsons Automotive UK Secured 10-Year Pedal Box Program with Global OEM, Valued at ₹160 Crores Remsons Automotive Ltd. (UK), the United Kingdom step down subsidiary of Remsons Industries Limited, has been nominated by a global commercial vehicle OEM for a major 10-year pedal box program. The nomination, which carries an estimated lifetime value of approximately ₹160 Crores, marks a significant expansion of the Group's order book.The pedal box program, expected to begin production in Q4 of 2028, is recognized as a major milestone for the entire Remsons Group. The award reinforces the Group's position as a Tier-1 system supplier to global truck and bus manufacturers.A pedal box is defined as a structural, safety-critical assembly that...

SML Mahindra Reports Production and Sales Figures for Commercial Vehicles for April 2026 SML Mahindra Limited, formerly SML ISUZU Limited, released its operational report detailing production, sales, and export figures for the month of April 2026. The figures provided cover the performance of the company's commercial vehicle division.The data highlights the monthly output across various segments for Commercial vehicles.Particulars Metric Apr F26 Apr F27 Apr F26 Apr F27 Apr FY26 Apr F27Commercial vehicles Production 1529 1588 1492 1711 20 30Note: Metrics represent Production, Sales, and Export volumes for specified fiscal periods.SMLMAH Stock Price Movement As of 12:48 PM, shares of SML Mahindra Limited are slipping...

Paisalo Digital Limited Allots Commercial Papers in Private Placement Paisalo Digital Limited announced the allotment of Commercial Papers (CPs) on May 08, 2026. The allotment was executed following approval by the Operations and Finance Committee of the Board of Directors, classifying the issuance as a Private Placement.The company allotted a total of 700 Commercial Papers (CPs) with a face value of Rs. 5,00,000.00 each. The issue price for these CPs was set at Rs. 4,79,430.50, and the papers carry a redemption value of Rs. 35,00,00,000.00.The CPs have a tenure of 180 days from the date of allotment. Key details of the issuance are provided below:Detail ValueType of Securities Commercial PapersType of Issuance Private...

EMA Partners India Announces Buyback Corrigendum Details EMA Partners India Limited confirmed the publication of a Corrigendum to its Letter of Offer for the buyback of equity shares. The necessary newspaper advertisements detailing the Corrigendum were published on May 8, 2026.The Corrigendum was published in the following newspapers:Newspaper Name Language Edition CoverageBusiness Standard English All EditionsBusiness Standard Hindi All EditionsNavshakti Marathi Maharashtra***INDOCO Remedies Announces Standalone and Consolidated Financial Results Indoco Remedies Limited released extracts of its Standalone and Consolidated financial results for the quarter and year ended March 31, 2026. The financial figures are...

India Motor Parts Announces Audited Financial Results for FY2026, Recommends Rs. 23 Dividend India Motor Parts and Accessories Limited reported its audited standalone financial results for the year ended March 31, 2026. The Board of Directors, which met on May 8, 2026, also announced plans for the Seventy Second Annual General Meeting (AGM) and recommended a final dividend for the financial year 2025-26.The company disclosed its audited standalone financial results and a Statement of Assets and Liabilities as of March 31, 2026, along with the Cash Flow Statement. The statutory auditors issued a report confirming an unmodified opinion on the standalone financial results for the year ended March 31, 2026.The Company operates in the...

Biocon Ltd Board Approves Final Dividend, Major Acquisition of BBL Equity, and Leadership Changes Biocon Limited announced that its Board of Directors held a meeting on May 07, 2026, approving several key corporate actions, including the final dividend recommendation, the audited financial results for the year ended March 31, 2026, and a significant acquisition of Biocon Biologics Limited (BBL) equity shares.The company also approved changes to its statutory auditors, the designation of senior management personnel, and the appointment of new independent directors, aiming to facilitate the integration of BBL into a unified global biopharmaceutical leader.Financial Results and Dividend Recommendation The Board approved the audited...

Savita Oil Technologies Reports Record Q4 & FY26 Results Driven by Specialty Products Growth Savita Oil Technologies Limited, a leading manufacturer of petroleum specialty products, announced its audited financial results for the quarter and year ending March 31, 2026, on May 8, 2026, in Mumbai. The company reported significant growth across its financials, marked by record quarterly and yearly volumes and revenue.Consolidated Financial Performance The company's financial performance, reported in ₹ Crores, shows robust year-over-year growth.Profit and Loss (in Rs. Crs) Q4 FY26 Q4 FY25 YoY Change FY26 FY25 YoY ChangeTotal Income 1,239.40 1,011.7 22.5% 4,407.7 3,859.7 14.2%EBITDA 80.4 54.4 47.8% 290.6 207.8 39.8%EBITDA...

Railtel Secures Major Domestic Order Worth Rs. 24.91 Crore for AI/ML Solution Railtel Corporation Of India Limited, the Navratna PSU, has secured a significant domestic Purchase Order from The New India Assurance Company Ltd. The contract involves the procurement of an AI/ML Based Solution designed for monitoring and investigating Fraud, Waste, and Abuse of Health Insurance Claims.The company received the Purchase Order on May 7, 2026. The contract is classified as a domestic transaction and has an execution timeline set for May 6, 2029.The details of the major order secured are as follows:Detail Description Value/StatusAwarding Entity The New India Assurance Company Ltd.Contract Type Purchase Order for the Procurement of...

Infrastructure and Corporate Updates: Rail, Energy, and Public Services Lead Sector News Today's updates span key sectors, highlighting major infrastructure achievements in rail transport, advancements in defense shipbuilding, and community-focused initiatives in the energy sector.Rail Sector Operations and Development Central Railway Boosts Freight with Automobile Loading Service Central Railway successfully commenced the first loading of automobiles from the newly notified Igatpuri Goods Shed on May 2, 2026. The inaugural indent for the service was placed by M/s Transport Corporation of India Ltd (TCOI). A total of 100 cars were loaded for transportation in 25 NMG (New Modified Goods) wagons, designed for the safe and efficient...

Himalaya Food International Ltd. Ships Frozen French Toast Sticks to UK, Targets European and Japanese Markets New Delhi, May 08, 2026: Himalaya Food International Ltd. today announced a significant milestone with the successful shipment of three containers of its Frozen French Toast Sticks to the United Kingdom. The consignment marks a major step in the Company’s global marketing history.The shipment follows the successful launch of the product earlier this year in Australia with the same customer, underscoring strong repeat demand and the growing international acceptance of the Company's offerings.Expanding Global Footprint The Company continues to strengthen its global multi-national export footprint. While Himalaya has...

Krystal Integrated Services Posts FY26 Results, Reports 5.32% Revenue Growth, Targets Stronger Growth Krystal Integrated Services Limited (KISL) announced its audited financial results for the fourth quarter and the financial year ended March 31, 2026. The company, a diversified service provider in facility management, staffing, security, catering, and waste management, reported steady growth in its corporate business while outlining a strategy for profitable expansion across India.Mr. Sanjay Dighe, CEO and Whole Time Director of Krystal Integrated Services Ltd, noted that the FY26 performance reflects the company's transition toward a more resilient, margin-accretive business model. He highlighted the corporate segment as a key...

Enterprise International Ltd Board Meeting Scheduled for May 28, 2026 Enterprise International Ltd has scheduled a meeting of its Board of Directors to approve key financial documentation. The Board Meeting is set for Thursday, May 28, 2026, and will take place at 3:00 P.M. at the company's registered office.During this session, the Board will take action to approve and take on record several critical financial reports. The agenda includes reviewing the Audited Accounts for the fiscal year ended March 31, 2026. Additionally, the Board will address the Financial Statements for the quarter and the overarching financial year ended March 31, 2026.Stock Price Movement At the close of trade on Wednesday, Enterprise International Ltd...

Yash Highvoltage Ltd. To Host Investor Earnings Call for H2 and FY26 Performance Yash Highvoltage Ltd, formerly known as Yash Highvoltage Insulators Pvt. Ltd., announced plans to host an Investor Earnings Call. The call is scheduled to review the company's operational and financial performance for the second half (H2) and for the financial year ended March 31, 2026.The virtual earnings call is slated for Friday, May 15, 2026, commencing at 4:00 PM, and will be facilitated by Adfactors PR.During the session, management representatives are expected to discuss the company’s performance metrics. The management panel includes Mr. Keyur Shah, Chairman & Managing Director, alongside Mr. Nirav Patel, Executive Director, Mr. Sumit P. Poddar...

Paradeep Phosphates to Hold Q4 & FY26 Post-Results Conference Call on May 13 Antique Stock Broking Limited has announced that Paradeep Phosphates Limited will host a Conference Call to discuss the company's Q4 and FY26 results. The post-results event is scheduled for Wednesday, May 13, 2026, at 11:00 a.m. (IST).The conference call will feature senior management representing Paradeep Phosphates Limited. Attendees included will represent various key operational and financial roles within the company.The management team representing Paradeep Phosphates Limited includes:Name TitleMr. N. Suresh Krishnan MD & CEOMr. Rajeev Nambiar Joint MD and COOMr. Harshdeep Singh President & Chief Commercial OfficerMr. Bijoy Biswal...

JSW Infrastructure to Commence Operations at Kolkata Dock System Berth No. 7 JSW Infrastructure Limited has confirmed that its subsidiary has received permission to commence operations at a key terminal within Kolkata's port system.The company reported that the Principal Commissioner of Customs (Port) has granted permission to JSW Kolkata Container Terminal Private Limited, a wholly owned subsidiary of JSW Infrastructure Limited, to begin operations at Berth No. 7 and its associated Back Up Area of the Netaji Subhash Dock (NSD) under the Syama Prasad Mookerjee Port, Kolkata.This permission was communicated by the Syama Prasad Mookerjee Port, Kolkata, via a trade circular dated May 7, 2026.The operations at the Netaji Subhash Dock...

JSW Steel Ltd Board Meeting Scheduled for May 14 to Review FY26 Results and Plan Long-Term Funding JSW Steel Ltd has scheduled a Board of Directors meeting for Thursday, May 14, 2026. The meeting is set to consider several key corporate matters, including the audited financial performance for the quarter and the year ending March 31, 2026.During the meeting, the Board will also address two major agenda items crucial to the company's future growth and structure. First, the company plans to consider the recommendation regarding the payment of a dividend on its Equity Shares.Second, the Board is slated to consider strategies for raising long-term funds. These fundraising activities may include Qualified Institutions Placement (QIP) of...

Akme Fintrade Reports Strong FY26 Results; AUM Crosses ₹918 Crore, Net Profit Up 27.35% Akme Fintrade (India) Limited today announced its audited financial results for the fourth quarter and full year ended March 31, 2026. The company reported robust growth across key metrics, fueled by sustained momentum in its vehicle finance portfolio and deepening market penetration in rural and semi-urban areas.For the full year FY26, the loan book (AUM) grew by 48.49% to ₹918.60 Crore as of March 31, 2026. Total disbursements reached ₹503.91 Crore, marking the company's highest-ever annual figure and crossing the ₹500 Crore milestone. Net Profit (PAT) saw a 27.35% year-on-year increase, totaling ₹42.32 Crore.The firm also recorded significant...

TVS Srichakra Ltd. Reports Reduction in Income Tax Demand Following Rectification Order TVS Srichakra Ltd. has provided an update regarding a previously disclosed Income Tax Demand Notice related to the financial year 2017-18. The company announced that the tax demand, initially raised, has been significantly reduced following a rectification order issued by the Deputy Commissioner of Income Tax.The initial tax demand notice was received by the company on March 26, 2026, relating to a disallowance under Section 14A of the Income-tax Act, 1961. The Original Order, bearing DIN No. ITBA/AST/S/156/2025-26/1087920366(1), had raised a total tax demand of ₹29,47,06,740/- for FY 2017-18.Following the company's submission of a rectification...

OBSC Perfection Limited Secures Export Order Worth INR 1.2 Crores from US Marine Parts Manufacturer OBSC Perfection Limited announced on May 8, 2026, that it has received a significant Purchase Order from a US-based Marine customer. The contract is for the manufacturing and supply of machined parts, pegged at a total value of INR 1.2 crores, with delivery scheduled by June 30, 2026.The new international order is specifically for supplying machined components destined for the USA market, bolstering the company's export business.The key details of the contract are summarized below:Feature Detailsawarding Entity US-based Marine Parts ManufacturerNature of Order Manufacturing and Supply of machined partsOrigin International...

Harrisons Malayalam Appoints New Company Secretary Following Change in Key Officer Harrisons Malayalam Ltd. has announced key changes in its office of the Company Secretary and Compliance Officer, following the outcome of its Board of Directors meeting held on May 8, 2026.The Board approved the resignation of Mr. Binu Thomas, who served as Company Secretary and Compliance Officer. Mr. Thomas’s resignation was effective from the close of business hours on April 18, 2026.Effective May 8, 2026, the Board appointed Ms. Sandhya Gopi (Membership No. A62510) as the new Company Secretary and Compliance Officer.In addition to her primary role, Ms. Sandhya Gopi has been designated as the Nodal Officer for liaising with the Investor...