Markets

NBCC Awarded Rs. 103.47 Cr. Work Orders as Project Management Agency for PFC's CSR Projects NBCC (India) Limited has secured significant work orders, having been appointed as the Project Management Agency by Power Finance Corporation Limited (PFC). The contract involves executing various Corporate Social Responsibility (CSR) projects across multiple states.According to the details, PFC has appointed NBCC for the scope of its various CSR initiatives. The total value of the CSR works awarded to NBCC is approximately Rs. 103.47 Cr., excluding Goods and Services Tax (GST).The company confirmed that the awarded work is integral to its normal course of business operations.The key financial details of the recent appointment are as...

DMCC Speciality Chemicals Announces Board Meeting to Review FY26 Results and Recommend Final Dividend DMCC Speciality Chemicals Ltd, formerly known as The Dharamsi Morarji Chemical Company Limited, has scheduled a meeting of its Board of Directors for Friday, May 15, 2026. The board meeting is intended to consider and approve several key corporate matters, including the company's financial performance for the quarter and year ending March 31, 2026.During the meeting, the board will address the approval and recordation of two primary items. These items include:The Audited (Standalone & Consolidated) Financial Results of the Company for the Quarter and Year ended March 31, 2026. A recommendation of Final Dividend, if any, for the...

MM Rubber Company Ltd Promoter Shares Transferred Following Demise of Mr. Mammen Philip MM Rubber Company Limited has reported the passing of Mr. Mammen Philip, a promoter of the company. Mr. Philip, who was holding 95,363 equity shares, passed away on December 8, 2025, at the age of 87.The company announced that with his demise, Mr. Philip ceased to be part of the company's promoter group.The company confirmed that Mr. Philip's shares were successfully transmitted to his daughter, Ms. Kavita Philip, who is designated as the immediate relative.The company has updated its record of shareholding, filing the latest shareholding pattern with the Bombay Stock Exchange (BSE) for the quarter and year ended March 31, 2026, reflecting the...

L&T Buildings & Factories Wins Multi-State Real Estate Orders Larsen & Toubro (L&T) has announced that its Buildings & Factories (B&F) business vertical has secured multiple orders from a major real-estate client. These contracts involve large-scale real-estate projects situated across three different Indian states.The scope of the winning projects is highly diverse, covering high-rise residential developments, commercial structures, and ancillary amenities.According to the details provided, the first project is slated for Hyderabad. The work scope for this residential development includes the design and construction of ten high-rise residential towers. Each tower is planned to rise up to 180 metres, featuring a configuration of two...

VRL Logistics Ltd Board Meeting Scheduled to Approve Financial Results for FY 2026 VRL Logistics Limited announced that its Board of Directors will convene a meeting to consider, approve, and take on record the Audited Financial Results for the quarter and year ending March 31, 2026.The meeting of the Board of Directors is scheduled for May 18, 2026.The key objective of the board meeting is the comprehensive review and approval of the company's financial performance for both the quarter and the full year that concluded on March 31, 2026.The company provided details of the board meeting to the stock exchanges.VRLLOG Stock Price Movement As of 10:43 AM, VRL Logistics Limited shares are rallying, currently trading up ₹12.30 or...

Vapi Enterprise Ltd. Board Meeting Scheduled for May 26, Results to be Approved Vapi Enterprise Ltd., the company formerly known as VAPI PAPER MILLS LTD., has announced a Board of Directors meeting scheduled for May 26, 2026. The meeting is set to take place at 01:00 P.M. at the Company's registered office.The primary agenda item for the Board is to consider and approve the Audited Financial Results of the Company for the quarter and the financial year ended March 31, 2026.In parallel, the Company confirmed the details surrounding its trading window. The trading window for Vapi Enterprise Ltd. was previously closed starting April 1, 2026, in compliance with its Code of Conduct for the prevention of Insider Trading. This closure...

State Trading Corporation of India Limited Reports Zero Activity in Physical Share Transfer Requests for April 2026 The State Trading Corporation of India Limited has reported on the status of physical share transfer requests for the month of April 2026. The details were provided by the company's Registrar and Transfer Agent, MCS Share Transfer Agent Limited, concerning re-lodgement requests for physical shares.The report covers the status of requests received and processed during April 2026. According to the provided data, the transaction activity recorded was nil across all categories.Key metrics for the processing of physical share transfer requests in April 2026 are as follows:MetricDetails for April 2026Number of...

Awfis Expands Footprint in Chennai with Launch of Two Premium Workspace Centers Awfis Space Solutions Limited, India's leading flexible workspace solutions provider, has announced a significant expansion of its presence in Chennai, unveiling approximately 114,000 sq. ft. of premium workspace across two new centers.The company's expansion strengthens its foothold in one of South India's primary commercial markets. The new facility at Olympia Crystal in Guindy spans approximately 56,360 sq. ft. across four floors. Complementing this is the center at DLF Cyber City, which offers 57,802 sq. ft. of chargeable area and operates as an Awfis Gold center. These additions mark a major boost to Awfis' total footprint in Chennai, bringing the...

Ticker Limited Technology Solution Goes Live for FIU Approved Client, Marks Market Milestone Ticker Limited, a technology company specializing in financial market solutions, announced that its advanced technology platform has successfully gone live for an FIU approved client in India. The deployment was noted for its strong global market response, reaffirming the company's position in delivering high-quality, compliant technology to financial ecosystems.The robust and scalable solution, powered by Ticker's state-of-the-art platform, received excellent user response from the client, who expressed strong appreciation for the user-friendly technology delivered by the firm. This deployment is marked as a major milestone, highlighting...

RBI Revamps Forex Rules: New 2026 Guidelines Rationalize Authorisation for Financial Sector The Reserve Bank of India (RBI) has issued the Foreign Exchange Management (Authorised Persons) Regulations, 2026. This significant regulatory update aims to overhaul the governance framework surrounding foreign exchange facilities.The new regulations are specifically designed to rationalize the entire authorization and renewal process for authorized persons in the financial sector. They achieve this by extending the existing principal-agent model used for the delivery of foreign exchange facilities.The RBI confirms that the primary goal of the 2026 framework is to maintain robust institutional checks and balances. This ensures that the...

TAC Infosec Limited Board Approves New Independent Director and Appoints Secretarial Auditors TAC Infosec Limited, formerly known as TAC Infosec Private Limited, announced key updates regarding its corporate governance structure following a Board meeting held on Thursday, May 7, 2026. During the meeting, the Board considered and approved the appointment of a new Independent Director and the appointment of secretarial auditors for the fiscal year 2025-26. Additionally, the company recorded the resignation of an Independent Director.The Board’s proceedings for the day included the approval of three major corporate actions, detailed below.Appointment of Additional Director The Board of Directors approved the appointment of Mr. Hector...

Garden Reach Shipbuilders & Engineers Ltd Reschedules Investor Call to Discuss FY26 Results Garden Reach Shipbuilders & Engineers Ltd has announced a revision to the date of its Investor and Analysts Conference Call. The call, which is scheduled to discuss the audited financial results for the Quarter and Year Ended March 31, 2026, has been rescheduled due to unavoidable circumstances.Previously slated for Friday, May 08, 2026, the event has been rescheduled for Tuesday, May 12, 2026.During the revised conference call, management will provide comments on the Company's audited financial results for the Quarter and Year Ended March 31, 2026, covering the Q4 and Full Year 2026 performance and outlining the company's future outlook...

Zuari Agro Chemicals Limited Changes Corporate Identification Number Zuari Agro Chemicals Limited announced a change in its Corporate Identification Number (CIN). The change follows the Company's adoption of an Amended Memorandum of Association and alteration of its object clause.The CIN of Zuari Agro Chemicals Limited has been updated from 'L65910GA2009PLC006177' to 'L20121GA2009PLC006177'. The modification was implemented after the Members of the Company passed a Special Resolution through a postal ballot on March 20, 2026.The company, incorporated on September 10, 2009, remains active and is registered under the Registrar of Companies (ROC) Goa.Company Structure and Financial Overview The following details provide an overview...

Sportking India Ltd. Board Meeting Scheduled to Consider FY2026 Audited Results Sportking India Ltd. has announced that its Board of Directors will convene a meeting on Saturday, May 16, 2026. The meeting is scheduled to review the company's financial performance for the financial year ended March 31, 2026, and recommend dividends.The board meeting aims to cover several key business points related to the company's operational and financial health.Key agenda items for the meeting include:Agenda PointDetailsFinancial ResultsConsideration and approval of the Standalone Audited Financial Results for the financial year ended March 31, 2026.Dividend RecommendationRecommendation of dividend, if any, for the financial year ended...

Kellton Tech Solutions Launches Structi.ai: An AI Context Engine for Enterprise Data Intelligence Kellton Tech Solutions Ltd., an AI-led digital transformation and enterprise technology consulting company, announced the commercial launch of Structi.ai. The platform is positioned as a next-generation AI context engine designed to help enterprises convert unstructured data into contextual, AI-ready intelligence at scale.Structi.ai is engineered to support organizations focused on accelerating enterprise AI adoption. It enables businesses to extract value from diverse types of fragmented enterprise content, including documents, images, audio files, and other data sources that traditional systems and AI workflows often struggle to process...

Zen Technologies Unveils Diverse Defence Solutions at North Tech Symposium 2026 Zen Technologies Limited recently showcased a comprehensive suite of new products and advanced defence technology solutions at the North Tech Symposium 2026 held in Prayagraj. The unveiling underscores the company’s ongoing commitment to developing indigenous, next-generation defence capabilities for the nation.The company presented several key products, spanning critical areas from unmanned platforms to advanced weapon systems. These included:Product/SolutionDescriptionSystem TypeAI-Powered Zen Anti-Drone SystemAnti-drone defense systemCounter-DroneZen SurakshaCybersecurity SuiteCybersecurityZen Anti-Drone SimulatorSimulation...

IIFL Capital Services Approves INR 2,000 Crore Preferential Issue to FIH Mauritius Investments IIFL Capital Services Limited announced key corporate approvals following its Board Meeting on May 7, 2026. The company approved a preferential issue of equity shares to FIH Mauritius Investments Ltd, aggregating to approximately INR 2,000 Crore. The Board also sanctioned amendments to the Articles of Association and approved the scheduling of an Extraordinary General Meeting (EGM) for June 1, 2026.Details of Preferential Issue The Board of IIFL Capital Services Limited approved the creation, offer, issue, and allotment of equity shares via a preferential issue on a private placement basis.FIH Mauritius Investments Ltd, a company...

AU Small Finance Bank Receives RBI Approval for Kotak Mahindra Group Acquisition AU Small Finance Bank Limited reported receiving RBI approval for Kotak Mahindra Bank Limited (KMBL) to acquire an aggregate holding in the bank. The approval, received via RBI's letter dated May 6, 2026, allows KMBL, along with its subsidiaries and the funds or schemes managed by these subsidiaries collectively known as the Kotak Mahindra Group, to acquire a stake in AU SFB.The core transaction detailed in the notification grants the group permission to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights in AU Small Finance Bank.AUBANK Stock Price Movement Shares of AU Small Finance Bank Limited are edging higher...

Fairfax India to Invest ₹2,000 Crore in IIFL Capital Services Limited Fairfax India Holdings Corporation, a Canada-based entity, is set to significantly increase its stake in IIFL Capital Services Ltd through a major capital infusion. The investment, which will see Fairfax India join the Promoter Group, aims to bolster the company's financial capacity and support its growth across multiple financial service segments.The proposed transaction involves Fairfax India, through its wholly owned subsidiary FIH Mauritius Investments Ltd, increasing its existing shareholder position. This increase is structured through a combination of transactions, including a preferential allotment of equity shares and an open offer arrangement with the...

AI Marketing Maturity Study Highlights Medium-to-High Business Impact Among Adopters Mobavenue AI Tech Ltd, in association with the Marketing + Media Alliance (MMA) India, has released 'The AI Marketing Maturity Study,' a comprehensive benchmarking report assessing the adoption and business impact of Artificial Intelligence across key marketing functions.The study analyzed insights gathered from over 60 senior marketing leaders spanning more than 11 industry verticals. The findings indicate that a significant majority, between 84% and 88%, of companies that have adopted AI are reporting medium-to-high business impact across their critical marketing functions.Key Pillars and Adoption Rates The report benchmarks AI maturity across...