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Flair Writing Industries Limited Board Meeting Scheduled for May 21, 2026; Dividend and FY Results on Agenda Flair Writing Industries Limited announced on May 8, 2026, that its Board of Directors meeting is scheduled for Thursday, May 21, 2026. The meeting is set to address critical corporate decisions, including the approval of the audited financial results and the recommendation of a final dividend for the fiscal year 2025-26.The meeting agenda focuses on two primary points. Firstly, the Board will consider and approve the Audited Financial Results (Standalone & Consolidated) for the quarter and year ended March 31, 2026, along with receiving the report from the company's auditors. Secondly, the Board is slated to consider and...

KP Green Engineering Announces Financial Results and Recommends Dividend KP Green Engineering Ltd (KP Green Engineering) announced the outcome of its Board Meeting held on May 08, 2026. The Board approved the audited standalone and consolidated financial results for the half year and year ended March 31, 2026, and recommended a final dividend.The company also finalized key appointments, including reappointing statutory auditors and key managerial personnel (KMP).Financial Results for FY 2026 The Board of Directors approved the audited financial results for the half year and year ended March 31, 2026.In a significant corporate decision, the Board recommended a Final Dividend of Re. 0.30/- per equity share, which is subject to the...

KPIT Technologies Announces Passing of Founder and Chairman Ravi Pandit KPIT Technologies Limited confirmed the passing of its Founder and Chairman of the Board, Mr. S. B. (Ravi) Pandit, on the morning of May 8, 2026. The passing occurred in Pune.Mr. Pandit was instrumental to the company's leadership, serving in the capacity of Founder and Chairman of the Board of KPIT Technologies Limited.KPITTECH Stock Price Movement As of 9:17 AM, shares of KPIT Technologies Limited are slipping by 1.49% in live trading, currently at ₹711.85. The stock has been moderately active, recording a total traded volume of 17,537 shares as the market continues its mid-morning session.

SEBI Retires Investor Risk Access Platform as Market Resilience Hits All-Time High The Securities and Exchange Board of India (SEBI) has issued a major directive, announcing the immediate discontinuation of the Investor Risk Reduction Access (IRRA) platform. This structural change signals that the Indian trading infrastructure has matured significantly, making the contingency mechanism redundant.The circular, dated May 07, 2026, confirms that advanced technological upgrades and regulatory measures have fundamentally strengthened the operational continuity of stock brokers, cementing reliable alternative trading avenues.Structural Redundancy Forces SEBI to Retire IRRA Platform The IRRA platform was originally introduced by SEBI via a...

SEBI Seals Mega Settlement: Four Entities Pay Crores to Resolve Indiabulls Fund Diversion Allegations The Securities and Exchange Board of India (SEBI) has issued a major settlement order concerning Indiabulls Real Estate Limited (IBREL). The order finalizes proceedings initiated against four related developer entities, concluding a protracted investigation into alleged fund diversions from the company's subsidiary.The settlement, issued on May 7, 2026, brings closure to charges related to the diversion, siphoning, and mis-appropriation of funds that occurred between 2009-10 and 2016-17.Scope of the Investigation and Initial Allegations SEBI's investigation initially focused on Indiabulls Real Estate Limited's (IBREL) Consolidated...

Yes Bank Allots Equity Shares Following Exercise of Stock Options Yes Bank Ltd has announced the allotment of equity shares resulting from the exercise of stock options under the YBL ESOS 2020 Scheme and the YBL RSU Plan 2024. The allotment was approved by the Bank's Nomination & Remuneration Committee on May 7, 2026.The exercise of options allowed the Bank to allot 50,89,979 equity shares, each with a face value of Rs. 2. These shares correspond to the exercise of 50,89,979 stock options under the specified schemes. The Bank realized a total amount of Rs. 7,13,78,404/- (Rupees Seven Crore Thirteen Lakh Seventy-Eight Thousand Four Hundred Four only) from the exercise of these stock options.The allotment significantly impacted the...

BEML Land Assets Limited (No Core News Details Provided) [No article body can be generated as the provided source material contains only the company name and date, without any transactional, operational, or financial news details to report.]BLAL Stock Price Movement On Thursday, BEML Land Assets Limited shares rallied, closing at ₹206.98, marking a solid 7.17% gain for the day. The stock traded on a substantial volume of 127,814 shares, reflecting strong buying interest throughout the session.

FIH Mauritius Announces Open Offer for 26.00% Stake in IIFL Capital Services Limited FIH Mauritius Investments Ltd, acting in concert with HWIC Asia Fund (Class A Shares), has announced a mandatory Open Offer for the acquisition of equity shares in IIFL Capital Services Limited. The offer is set to acquire up to 26.00% of the expanded voting share capital of the company.The Open Offer concerns the acquisition of up to 10,01,44,112 fully paid-up equity shares of IIFL Capital Services Limited, which was previously known as IIFL Securities Limited. The offer price has been set at INR 350 per equity share. Assuming full acceptance, the total consideration payable by the acquiring parties amounts to up to INR 3505,04,39,200.Open Offer...

RBI Slaps ₹40,000 Penalty on Co-operative Bank for Serious KYC and Inoperative Account Breach The Reserve Bank of India (RBI) has imposed a significant monetary penalty on Youth Development Co-operative Bank Ltd., located in Kolhapur, Maharashtra. The action was taken after the bank failed to comply with critical regulatory guidelines concerning KYC and the management of inactive deposits.By an order dated May 6, 2026, the RBI levied a fine of ₹ 40,000/- (Rupees Forty Thousand only) against the co-operative bank. This penalty highlights the central bank's strict enforcement of operational compliance among regional banks.RBI Mandates Strict Compliance on Unclaimed Accounts and KYC Norms The penalty was imposed for non-compliance with...

RBI Imposes ₹5 Lakh Penalty on Himachal Gramin Bank for Critical Compliance Failures The Reserve Bank of India (RBI) has taken regulatory action, imposing a monetary penalty on Himachal Pradesh Gramin Bank, Mandi. The penalty, totaling ₹5 lakh (Rupees Five Lakh only), stems from the bank's failure to adhere to mandated provisions of the Banking Regulation Act, 1949. This action underscores the RBI's stringent focus on statutory and procedural compliance across the banking sector.Details of the Monetary Penalty Imposed by RBI The penalty was formally imposed via an order dated May 04, 2026. The RBI action was taken specifically for the contravention of Section 26A read with Section 51(1) of the BR Act. Furthermore, the bank was...

Clean Max Enviro Energy Solutions Completes Acquisition of Shares in Wholly Owned Subsidiary Clean Max Enviro Energy Solutions Limited has finalized the acquisition of equity shares in Clean Max Taurus Private Limited, a wholly owned subsidiary of the company.The acquisition of 2,38,732 equity shares was completed on a private placement basis on May 7, 2026.The transaction details involve Clean Max Enviro Energy Solutions Limited acquiring the shares from Clean Max Taurus Private Limited. The company, which operates under the name Clean Max Enviro Energy Solutions Limited (and was previously known as Clean Max Enviro Energy Solutions Private Limited), continues to focus on powering sustainability through its operations.CLEANMAX...

Biocon Reports Strong Financial Results for Q4FY26 and FY26 Biocon Limited, an innovation-led global biopharmaceuticals company, announced its consolidated financial results for the fourth quarter (Q4FY26) and the financial year (FY26) ending March 31, 2026. The company reported significant growth across its key segments, highlighting the successful integration of its biosimilars and generics businesses.Financial Highlights for FY26 Biocon's consolidated financials showed substantial increases year-over-year. For the full fiscal year 2026, the company reported:Total Income: Rs 17,270 Crore, up 14% year-on-year. EBITDA: Rs 3,798 Crore, up 25% year-on-year, achieving a 22% EBITDA margin. Net Profit (before exceptional items): Rs 436...

Parag Milk Foods Reports Strong Growth in Q4 FY26 and FY26 Financial Results Parag Milk Foods Limited (PMFL), a prominent Dairy-FMCG company in India, announced its financial results for the quarter and year ending March 31, 2026. The company reported significant revenue and profitability increases across its operations, driven by strong growth in both core and new age business segments.Consolidated Financial Performance Overview The company presented its consolidated financial results for the full fiscal year (FY26) and the fourth quarter (Q4 FY26) in May 2026.The consolidated performance summary for FY26 and Q4 FY26 is detailed below:MetricUnitFull Year (FY26)Q4 FY26Key Growth IndicatorsRevenueINR Cr3,818945FY26: Up 11%...

Route Mobile Limited Announces FY26 Results: Revenue Hits Rs. 4,408.21 Crore Mumbai, May 07, 2026: Route Mobile Limited, a leading cloud communication platform service provider serving enterprises, over-the-top (OTT) players, and mobile network operators, has announced its financial results for the fourth quarter (Q4FY26) and the full fiscal year (FY26) ended on March 31, 2026.The company reported that for the full year ended March 31, 2026, revenue from operations stood at Rs. 4,408.21 crore, with a Profit After Tax (PAT) of Rs. 256.94 crore.Q4FY26 Consolidated Financial Highlights Route Mobile's performance in the fourth quarter showed specific year-on-year changes in key metrics:MetricQ4FY26Q4FY25Q3FY26Revenue from...

Alldigi Tech Reports Q4 FY26 Results: Revenue Up 5.9%, EBITDA Up 24.2% Chennai, India - May 7, 2026: Alldigi Tech Limited, a global leader in Tech & Digital (T&D) and BPM solutions, announced its financial results for Q4 FY26. The company reported that its Q4 FY26 revenue from Operations increased by 5.9% year-over-year (YoY), while EBITDA saw a strong rise of 24.2%, performance primarily driven by growth in the T&D segment.Consolidated Financial Performance for Q4 FY26 Alldigi Tech released key consolidated financial parameters, showcasing the performance across the recent quarters.ParticularsQ4'26Q3'26Q4'25Revenue (In Crs)154.7152.7146.1EBITDA (In Crs)43.745.935.2EBITDA Margin (%)28.2%30.1%24.1%PAT (In...

Acme Solar Reports 59.2% Revenue Growth and 98.5% PAT Increase for Fiscal Year 2026 Acme Solar Holdings Limited announced strong financial performance for the fiscal year 2026, reporting a Total Revenue of INR 2,507 Cr and a Profit After Tax (PAT) of INR 498 Cr. The company recorded an EBITDA of INR 2,265 Cr for the full year.The company also reported significant figures for the quarter, noting Total Revenue of 705 Cr and PAT of 138 Cr for Q4 FY26.The overall financial growth showed substantial year-on-year increases across key metrics, with Total Revenue rising 59.2% from FY25, and PAT growing 98.5% compared to the previous year.Financial Performance Highlights Acme Solar's consolidated financial highlights demonstrate strong...

MRF Limited Announces Final Dividend and Updates Key Management and Audit Appointments MRF Limited announced several key updates following its Board of Directors meeting held on May 7, 2026. The board approved a final dividend recommendation and formalized changes in the company's key managerial and secretarial personnel.Financial Performance and Dividend Recommendation The Board of Directors has recommended a final dividend of Rs 229 (2290%) per share of Rs. 10 each. This recommendation, subject to approval from shareholders at the ensuing Annual General Meeting, completes the total dividend payout for the financial year ended March 31, 2026, at Rs. 235 (2350%) per share of Rs. 10 each. The company had previously declared and paid...

Craftsman Automation Limited Approves Final Dividend for FY2026; Details of Record Dates Announced Craftsman Automation Limited has announced that its Board of Directors, during a meeting held on May 7, 2026, approved a final dividend for the financial year ended March 31, 2026. The dividend was recommended for the shareholders, subject to approval at the forthcoming Annual General Meeting.The Board approved a final dividend of Rs. 11.25 per equity share. This dividend corresponds to the face value of Rs. 5 per share, representing a payout ratio of 225%.To facilitate the dividend distribution, the Company has specified key dates regarding the register of members. The register of members will be closed from July 17, 2026, through...

Indoco Remedies Board Approves FY 2025-26 Results, Recommends Dividend of Rs. 0.20 Per Share Indoco Remedies Limited announced the outcome of its Board of Directors meeting held on May 7, 2026. The Board reviewed and approved the Audited Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2026.In a key shareholder proposal, the Board recommended a dividend of Rs. 0.20 per equity share, based on the company's face value of Rs. 2/-, for the financial year 2025-2026. This dividend recommendation is subject to the approval of the members at the ensuing Annual General Meeting. The company confirmed that the Statutory Auditors, M/s Gokhale & Sathe, Chartered Accountants, issued an unmodified opinion on...

ITC Ltd Amalgamation Scheme Sanctioned by NCLT; Subsidiaries to Integrate by June 2026 ITC Ltd has announced that the Scheme of Amalgamation involving its subsidiaries, Sresta Natural Bioproducts Private Limited and Wimco Limited, with the company has received sanction from the National Company Law Tribunal (NCLT), covering both the Kolkata and Hyderabad Benches.The sanction confirms the amalgamation of Sresta Natural Bioproducts Private Limited (Sresta) and Wimco Limited (Wimco) with ITC Ltd.The company noted that Sresta and Wimco have mutually confirmed that all conditions stipulated in the Amalgamation Scheme have been fulfilled. This confirmation sets out the specific dates for the scheme's operational phase.A table...