Markets

LT Foods Limited Announces Resignation of Two Independent Directors LT Foods Limited confirmed the resignation of two independent directors from its Board of Directors, Mrs. Neeru Singh and Mr. Satish Chander Gupta. The resignations were effective from May 6, 2026.The company stated that both independent directors tendered their resignations on May 6, 2026. Mrs. Neeru Singh (DIN: 06987939) and Mr. Satish Chander Gupta (DIN: 00025780) have both ceased their positions as Independent Directors.Following her departure, Mrs. Singh will also cease to be a member of the Audit Committee, Nomination and Remuneration Committee, and chairperson of both the Corporate Social Responsibility Committee and the Stakeholders Relationship Committee of...

Dodla Dairy to Hold Board Meeting to Review FY26 Results and Potential Final Dividend Dodla Dairy Limited announced that its Board of Directors will convene a meeting on Saturday, May 16, 2026. The meeting is scheduled to take place at the company's Registered Office located at 8-2-293/82/A, 270/Q, Road No 10-C, Jubilee Hills, Hyderabad -500033, Telangana, India.The primary focus of the board meeting is the consideration, approval, and formal record of the company's financial results and recommendations for the year ending March 31, 2026.According to the notice, the board's agenda includes two key items:Financial Results Review: To consider, approve, and take on record the audited standalone and consolidated financial results for...

Rudrabhishek Enterprises Limited Secures Order of INR 6,016,949 from BSES Yamuna Power Limited Rudrabhishek Enterprises Limited (REPL) has successfully secured a new contract, aggregating to INR 6,016,949/- (excluding GST), from BSES Yamuna Power Limited. The contract involves providing critical consultancy services for an essential electrical infrastructure project in Delhi.BSES Yamuna Power Limited, which operates as a joint venture between Reliance Infrastructure Limited and the Government of NCT of Delhi, awarded the order to Rudrabhishek Enterprises Limited. The scope of work is focused on the conversion of an overhead electrical network into an underground utility system at Chandni Chowk, specifically covering two locations...

Sattrix Information Security to Approve FY 2026 Financial Results and Reappoint Managing Director Sattrix Information Security Ltd has scheduled its Board of Directors meeting for Friday, May 15, 2026. The board meeting agenda includes key resolutions related to the company's financial performance, management appointments, and corporate transactions for the financial year 2026-27.The board is set to consider and approve the audited financial results for the year ended March 31, 2026. This includes both the standalone and consolidated audited financial results.In terms of governance and management structure, the board is scheduled to appoint M/s. Desai & Desai, Chartered Accountants, to serve as the Internal Auditor for the Financial...

Persistent Systems Achieves Databricks Brickbuilder Specialization for Healthcare and Life Sciences Persistent Systems, a global leader in Digital Engineering and Enterprise Modernization, announced it has achieved the Databricks Brickbuilder Specialization for Healthcare and Life Sciences (HLS). This recognition validates the company’s capacity to deliver production-grade, governed data and AI solutions utilizing the Databricks Data Intelligence platform.The specialization strengthens Persistent's standing in assisting providers, payers, pharmaceutical, biotechnology, and medical device organizations. These sectors rely on the recognition to accelerate clinical development, improve patient outcomes, and operationalize AI across...

TAC Infosec Limited Appoints Former New Mexico Attorney General as Independent Director TAC Infosec Limited announced the appointment of Mr. Hector Hugo Balderas as an Additional Director in the category of Non-Executive Independent Director. The appointment was approved by the Company’s Board of Directors following a recommendation from the Nomination and Remuneration Committee.Mr. Balderas will serve a tenure of three consecutive years, effective May 7, 2026, through May 6, 2029. His role is subject to formal approval by the shareholders at the ensuing Annual General Meeting.Strengthening Governance Expertise Mr. Balderas brings a highly respected profile to the cybersecurity company, having previously served as the Attorney...

Craftsman Automation Announces Board Decisions on FY2026 Results, Dividend, and Key Appointments Craftsman Automation Limited announced significant outcomes following its Board of Directors meeting held on May 7, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and the financial year ended March 31, 2026. Key decisions included the recommendation of a final dividend and the re-appointment of senior leadership.Financial Performance and Dividend Recommendation The Board of Directors recommended a final dividend of Rs. 11.25 per equity share of a face value of Rs. 5 per share (225%) for the financial year ended March 31, 2026. This dividend is subject to the approval of the Shareholders...

United Breweries Limited Addresses Employee Disclosure of Draft Annual Financial Results United Breweries Limited (UBL) announced details concerning an inadvertent disclosure of unpublished price sensitive information (UPSI) by one of its employees.The company reported that on May 5, 2026, an employee disclosed draft annual financial results to an outside individual. United Breweries Limited clarified that this disclosure occurred without necessary safeguards.In response to the incident, the company stated that the annual financial results, which had been approved by the Board of Directors, were duly disclosed to the stock exchanges on the same day, within a few hours of the inadvertent disclosure.Regarding the incident, United...

TAC Infosec Limited Appoints Chandrasekaran Associates as Secretarial Auditors for FY 2025-26 Mumbai, May 7, 2026: TAC Infosec Limited, a prominent listed cybersecurity company in India, announced that its Board of Directors has approved the appointment of M/s Chandrasekaran Associates, Company Secretaries, to serve as the Secretarial Auditors for the financial year 2025-26.The appointment was formalized by the Board of Directors during a meeting held on Thursday, May 7, 2026, through audio-visual mode, following a recommendation from the Audit Committee.M/s Chandrasekaran Associates, widely known as CACS, is a highly respected firm of practicing Company Secretaries, boasting professional experience spanning over three decades...

Craftsman Automation Limited Announces Audited Financial Results for Q3 FY2026 Craftsman Automation Limited released its audited financial results for the quarter and financial year ended March 31, 2026, following the Board of Directors' meeting held on May 7, 2026. The financial outcomes for the period reflect the company's operational performance across its core segments: Powertrain, Aluminium Products, and Industrial & Engineering.The company also recommended a final dividend of 225%, equivalent to ₹11.25 per equity share (based on a face value of ₹5 per share), for the year ending March 31, 2026.Financial Performance Highlights (Consolidated) The audited financial results for the consolidated entity show the following key...

Facor Alloys Ltd. Receives In-Principle Approval for Railway Siding Migration to Gati Shakti Cargo Terminal Facor Alloys Ltd. has received in-principle approval from the East Coast Railway concerning the migration of the company's existing railway siding into the Gati Shakti Cargo Terminal (GCT) Policy framework.The approval was communicated to the company on May 6, 2026, by the Office of the Sr. Divisional Commercial Manager, East Coast Railway, Waltair. This clearance relates to the existing railway siding of Facor Alloys Ltd. under Railway Code - FMP.The company noted that this in-principle approval is conditional. The migration is subject to necessary compliances with prescribed Railway standards, applicable guidelines, and the...

Shriram Pistons Announces Board Meeting to Consider Funds Raising Proposals SPR Auto Technologies Limited, formerly Shriram Pistons & Rings Limited, announced plans for its Board of Directors meeting scheduled for May 11, 2026. The meeting, set for 4:05 P.M. (post trading hours), is slated to consider and approve proposals related to raising funds through various permissible modes.The Company stated that, in addition to matters already discussed, the board will evaluate strategies for capital infusion. These potential avenues for fundraising include, but are not limited to, qualified institutions placement, rights issue, preferential issue, and further public offer. The funds are proposed to be raised in one or more tranches, pending...

Stanley Lifestyles Clarifies Share Price Movement Amid Market Activity Stanley Lifestyles Ltd announced a clarification regarding the recent price movement of its shares. The statement addressed queries concerning fluctuations in the company’s security price.The company confirmed that there is no undisclosed or unpublished price sensitive information, nor are there any pending announcements or events that impact the price of Stanley Lifestyles’ shares.According to the statement, the observed movement in the share price is purely market driven. The company noted that it has no knowledge of any specific reason for this market action.STANLEY Stock Price Movement As of 12:09 PM, shares of Stanley Lifestyles Limited are shedding 1.99%...

TeamLease Services Files Appeal Against EPFO Order Over NEEM Trainee PF Applicability Teamlease Services Limited has filed an appeal with the Hon'ble High Court of Gujarat challenging an order received from the Employees' Provident Fund Organisation (EPFO). The dispute centers on the applicability of the Employees' Provident Fund (EPF) Scheme, 1952, to NEEM trainees deployed by TeamLease Skills University (TLSU).The company confirmed that the appeal relates to an order passed under Para 26B of the EPF Scheme, 1952, which was received on March 11, 2026.The core dispute involves whether NEEM trainees should be treated as "employees" under the provisions of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. TLSU, a...

Regency Fincorp Approves Allotment of INR 25 Crore in NCDs via Private Placement Regency Fincorp Ltd, formerly known as Regency Investments Limited, announced that its Board of Directors approved the allotment of Non-Convertible Debentures (NCDs) through a private placement. The meeting to approve the transaction was held on May 7, 2026.The company approved the allotment of 25,000 listed, secured, rated, redeemable Non-Convertible Debentures (NCDs). These NCDs carry a face value of INR 10,000 each and aggregate to INR 25,00,00,000 (Indian Rupees Twenty Five Crores Only).The funds were allocated to a single identified investor, LC Capital India Private Limited, through a private placement mechanism.Transaction and Security Details...

TAC Infosec Appoints Hector Hugo Balderas as Additional Director; Sanjiv Swarup Steps Down TAC Infosec Limited announced significant changes to its Board of Directors, effective May 7, 2026. The company approved the appointment of Mr. Hector Hugo Balderas as an Additional Director, while concurrently accepting the resignation of Mr. Sanjiv Swarup from his role as Independent Director.The Board of Directors meeting, held on Thursday, May 7, 2026, authorized the appointment of Mr. Hector Hugo Balderas (DIN: 11699799). Mr. Balderas is set to serve as a Non-executive Independent Director for a term of three consecutive years. His tenure will commence on May 7, 2026, and conclude on May 6, 2029, subject to approval by the shareholders at...

Blue Star Limited Reports Q4 FY26 and FY26 Financial Highlights Blue Star Limited has released its investor update detailing financial results for the fourth quarter and the full financial year ended March 31, 2026. The company noted that while FY26 faced headwinds affecting revenue and profitability, demand for Room Air Conditioners improved towards the end of the year, leading to the highest quarterly revenue in Q4 FY26.Financial Performance Snapshot The financial highlights for the quarter ended March 31, 2026, on a consolidated basis, showed growth in key metrics compared to Q4 FY25.Metric Q4 FY26 (₹ crore) Q4 FY25 (₹ crore) ChangeRevenue from operations 4,072.06 4,018.96 1.3% increaseEBIDTA (excluding other income)...

Dhara Rail Projects Limited Wins Work Order from Eastern Railway for Wagon Maintenance Dhara Rail Projects Limited secured a significant work order totaling Rs. 3,90,37,364.10 for the comprehensive maintenance of railway wagons. The order was awarded by the Howrah Division - Electrical Office of the Sr. Divisional Electrical Engineer, TRD, Eastern Railway, Howrah, West Bengal.The contract involves the "Comprehensive Maintenance of 8-Wheeler Tower Wagons (10 Nos.)" and covers a duration of two years for the Howrah Division of Eastern Railway.The awarded contract was confirmed to be a domestic opportunity for the company.The key details of the work order are as follows:Particulars DetailsAwarding Entity Ministry of Railways...

Airtel Launches Secure Workforce: Unified Zero Trust Architecture for Enterprise Cybersecurity Airtel Business, the B2B arm of Bharti Airtel, has launched Airtel Secure Workforce, a comprehensive security platform designed to address the escalating threat of cyberattacks on modern enterprises. Positioned as the country's first fully-managed and unified Zero Trust Architecture (ZTA) security solution for protecting organizations with a hybrid workforce, the service aims to provide robust, compliance-ready protection for users, data, and devices.The launch comes amid a rapidly growing cyber threat landscape, highlighted by over two million cybersecurity incidents reported in 2025 alone. Airtel Business states that the new solution...

AVI Polymers Ltd Approves Strategic Tech Pivot and Acquisition of Stake in JVTR Consultants AVI Polymers Ltd announced on May 7, 2026, that its Board of Directors approved several strategic initiatives, including a transformational acquisition via a share swap mechanism and a major expansion of its core business objects into the technology sector.The Board meeting held on May 7, 2026, focused on two primary strategic areas: executing a significant acquisition and restructuring the company’s operational scope to align with the technology industry.Strategic Acquisition via Share Swap The company approved the proposal for the issuance of equity shares through a Share Swap mechanism, utilizing a Preferential Issue to fund the...