Markets

Kirloskar Pneumatic Announces FY26 Results; Revenue and Profit Show Significant Growth Kirloskar Pneumatic Company Limited (KPCL), a key player in the Air, Refrigeration, and Gas Compression business, announced its audited financial results for the fiscal year ending March 31, 2026. The company reported substantial increases in both total income and profit before tax (PBT) compared to the previous year.Total Income for the fiscal year 2026 stood at Rs. 1,786 Cr, marking an increase from Rs. 1,651 Cr in FY25. Similarly, PBT reached Rs. 356 Cr, reflecting a 25% increase over the Rs. 284 Cr reported in FY25.Commenting on the strong financial performance, Aman Kirloskar, Managing Director, KPCL, stated that the company built upon a...

Veronica Production Ltd to Hold Board Meeting to Approve Financial Results Veronica Production Ltd announced that its Board of Directors will convene a meeting on Thursday, April 30, 2026. The meeting is scheduled to consider and approve the company’s audited financial results and corresponding audit report.The primary agenda items for the board meeting include:Considering and approving the Audited Financial Results, along with the Audit Report, for the quarter and the year ended March 31, 2026. Any other items presented with the permission of the chairperson.In addition to the board meeting, the company also provided an update regarding its trading window. Pursuant to regulations governing Designated Persons, the trading window...

East India Drums and Barrels Bags Contract Value of ₹ 83,71,06,987.10 from HPCL East India Drums and Barrels Manufacturing Limited, which was previously known as Precision Containeurs Limited, has secured a significant Letter of Acceptance (LOA) from Hindustan Petroleum Corporation Limited (HPCL). The contract involves the supply of MS drums, bolstering the company's position as a key industrial supplier.The newly secured contract with HPCL has an aggregate contract value of ₹ 83,71,06,987.10. This amount translates to Rupees Eighty-Three Crore Seventy-One Lakh Six Thousand Nine Hundred Eighty-Seven and Paise Ten only.The supplies under the contract are slated for delivery to HPCL at both Silvassa and Mazgaon, India.The company...

Cohance Lifesciences Unveils Profile of Chairman Umang Vohra, Highlighting Three Decades of Industry Leadership Cohance Lifesciences Limited, formerly Suven Pharmaceuticals Limited, has provided details regarding its leadership team, highlighting the extensive experience of its Chairman and Group CEO, Mr. Umang Vohra.Mr. Vohra brings over 30 years of distinguished experience in leading top Indian companies toward sustained growth. His professional journey began with foundational exposure to financial strategy and business planning at PepsiCo India, a global consumer enterprise.His subsequent tenure included a notable period of over 14 years at Dr. Reddy's Laboratories. During his time there, Mr. Vohra served on the management team...

Affordable Robotic & Automation Ltd Approves Strategic Changes and Related Party Transactions Affordable Robotic & Automation Limited (ARAPL) announced that its Board of Directors, in a meeting held on April 27, 2026, considered several material corporate actions, including updates on a major subsidiary's proposed fund raise and approvals for related party transactions.Subsidiary Shareholding and Fund Raise Update The Board took note of a Term Sheet dated April 9, 2026, executed by ARAPL Raas Private Limited, a material subsidiary of the Company. This Term Sheet involves a proposed fund raise of up to INR 48 Crore, to be raised in multiple tranches, with Sai Green Projects Private Limited acting as the investor.The fund raising by...

UltraTech Cement Ltd Appoints Rohit Agarwal as Head - Internal Audit UltraTech Cement Ltd has announced the appointment of Mr. Rohit Agarwal as Head - Internal Audit. The Board of Directors approved the appointment following the recommendation of the Nomination, Remuneration and Compensation Committee and subsequent review by the Audit Committee.Mr. Agarwal's appointment is effective from May 25, 2026.The company confirmed that the appointment details and professional background of Mr. Agarwal were covered in the regulatory review process.Key details regarding the senior management personnel appointment are provided below:ParticularsDetailsReason for changeAppointmentEffective DateWith effect from May 25, 2026...

Affordable Robotic & Automation Limited Board Approves Fund Raise, Shareholding Changes, and Related Party Deals Affordable Robotic & Automation Limited's Board of Directors, in a meeting held on April 27, 2026, considered and approved several key corporate actions, including noting a proposed fund raise by its subsidiary, sanctioning related party transactions, and approving the convening of an Extra-Ordinary General Meeting (EGM).Subsidiary Fund Raise and Shareholding Impact The Board took note of a Term Sheet dated April 09, 2026. This document was executed by ARAPL Raas Private Limited, a material subsidiary of the Company, with Sai Green Projects Private Limited, an investor. The purpose of the term sheet is a proposed fund raise...

Accel Ltd Announces Record Date for Amalgamation with Accel Media Ventures Accel Ltd has announced a Record Date for its Scheme of Amalgamation involving Accel Media Ventures Limited. The amalgamation details confirm the transition of Accel Media Ventures Limited (Transferor Company) into Accel Ltd (Transferee Company).The Scheme of Amalgamation was previously sanctioned by the Hon'ble National Company Law Tribunal (NCLT), Division Bench -II, Chennai, via an Order dated 10th March, 2026. This continuation of the process involved the Company and the Transferor Company filing necessary e-Form INC-28 with the Registrar of Companies, Chennai, on 31st March, 2026, making the Scheme effective from that date. The approved Scheme's Appointed...

UltraTech Cement Announces Record Financial Year, Recommends Special Dividend of Rs 240 Per Share UltraTech Cement Limited announced landmark financial results for the quarter and full year ended March 31, 2026, reporting exceptional performance across volumes, revenues, and profitability. The Board of Directors approved the standalone and consolidated Annual Audited Financial Results for the year ended March 31, 2026, and recommended a Special Dividend of Rs 240 per equity share.The company reported a historic financial performance for the full year FY26. Consolidated Net Sales reached Rs 87,384 crores, a 17% increase year-on-year. Consolidated Profit before Interest, Depreciation and Taxation (PBIDT) rose 32% to an unprecedented Rs...

Power Mech Projects Secures ₹ 227.95 Crores Order from South Western Railway Power Mech Projects Limited has secured a significant contract from the South Western Railway, Bangalore. The order involves the development of a major maintenance depot, utilizing an Engineering Construction and Procurement (EPC) model.The contract award was made by the South Western Railway, Bangalore, a domestic entity, for the development of the Vande Bharat Sleeper Trains Maintenance Depot at Thanisandra (THSA) between Channasandra and Yelahanka Stations in Karnataka.The total consideration for the order amounts to ₹ 227.95 Crores, which includes Goods and Services Tax. The project execution timeline is stipulated to be within 30 months from the...

Kirloskar Pneumatic Announces Results, Recommends Final Dividend, and Consolidates Subsidiary Stake Kirloskar Pneumatic Company Limited today announced its audited standalone and consolidated financial results for the year ended March 31, 2026. The company also recommended a final dividend, announced the successful acquisition of the remaining stake in its subsidiary, and detailed changes in its senior management and share capital structure.The Board of Directors held its meeting on April 27, 2026, and reviewed the financial performance metrics across its operations.Financial Highlights The consolidated financial statements reveal significant operational activity for the Group.ParticularsYear Ended March 31, 2026 (Audited)Year...

Retaggio Industries Ltd’s Proposed Subsidiary, Lodha Heritage Private Limited, Incorporates Retaggio Industries Ltd confirmed the incorporation of its proposed subsidiary, Lodha Heritage Private Limited. The development follows the company's Board Meeting outcome held on April 15, 2026.The news confirms that Lodha Heritage Private Limited has officially incorporated, establishing the new entity as the subsidiary of Retaggio Industries Ltd. The incorporation was recorded on April 23, 2026.The material update outlines the corporate sequence:EventDateDetailsBoard Meeting OutcomeApril 15, 2026Confirmation of the proposed subsidiary.Subsidiary IncorporationApril 23, 2026Lodha Heritage Private Limited is fully incorporated...

Sunlite Recycling Approves Final Dividend, Completes Stake Acquisition, Reports FY 2026 Results Sunlite Recycling Industries Limited announced that its Board of Directors convened a meeting on April 27, 2026. The board considered and approved the audited financial results for the half year and the full year ended March 31, 2026.During the meeting, the board recommended a Final Dividend of 10% on Equity Shares for the Financial Year 2025-26. This dividend translates to Rs. 1/- (Rupee one only) per Equity Share, which has a face value of Rs. 10/- (Rupees Ten Only) each, subject to shareholder approval at the ensuing Fourth Annual General Meeting (4th AGM).The company also appointed M/s RAVI PATEL & CO., Chartered Accountants, as...

KEC International Names Raman Kapil as President-Civil; Nagesh Veeturi to Superannuate KEC International Ltd has announced significant changes in its Senior Management Personnel, confirming the appointment of Mr. Raman Kapil as President-Civil and noting the superannuation of Mr. Nagesh Veeturi from his role as Executive Director-Civil.The company confirmed that Mr. Raman Kapil has taken charge as President-Civil effective April 27, 2026. Mr. Kapil brings over 33 years of global experience in the Engineering, Procurement, and Construction (EPC) and Infrastructure sector. His expertise spans Transportation, Urban Development, Power, and Heavy Civil Construction, with specific strengths in Business Transformation, Profit and Loss (P&L)...

Royal Sense Ltd Launches Comprehensive Portfolio of Pharmaceuticals and Nutraceuticals Royal Sense Ltd has announced the launch of a diverse range of new products spanning various categories including pharmaceuticals, Ayurvedic formulations, and advanced nutraceuticals, effective from April 27, 2026. The company’s portfolio covers specialized segments such as immune support, metabolic care, and dermatological treatments.Core Product Launch Details The newly available product lineup includes 17 offerings, categorized across multiple health and wellness domains. Key product launches highlighted in the portfolio include:Vitamin Support: New Cholecacirol Nano Shot (Vitamin D3), Stergivita Caps, and Stergivita Syrup. Specialized Care...

SJ Corporation Ltd to List 3.5 Crore Equity Shares on Preferential Basis SJ Corporation Ltd successfully listed 3,50,00,000 equity shares on the exchange after receiving trading approval from BSE Limited. The listing of these securities was executed on a preferential basis to proposed promoters and non-promoters of the company.BSE Limited granted the trading approval letter for the transaction, effective from Monday, April 27, 2026. This approval confirms the listing of the specified shares, detailing the financial terms of the issue.The transaction involves the issuance of 3,50,00,000 equity shares, each having a face value of Re. 1/-. These shares were issued at an aggregate price of Rs. 12/- per share. This issue price includes a...

Aye Finance Appoints Gaurav Seth as New Chief Financial Officer; MSKA & Associates Appointed Statutory Auditors Aye Finance Ltd. announced significant changes to its leadership and audit structure following its Board meeting on April 27, 2026. The company confirmed the resignation of Mr. Sovan Satyaprakash from the role of Interim Chief Financial Officer, simultaneously appointing Mr. Gaurav Seth as the new Chief Financial Officer (CFO). Additionally, the Board approved the appointment of MSKA & Associates, LLP, Chartered Accountants, as the Statutory Auditors for the next three years.Mr. Sovan Satyaprakash, who resigned as Interim Chief Financial Officer (Key Managerial Personnel), will continue to serve with the company in a...

Rudra Gas Enterprise to Enter Tripartite Agreement with GAIL and Gujarat Gas for CBG Supply Rudra Gas Enterprise Limited announced that the company has resolved to enter into a Tripartite Agreement with GAIL (India) Limited and Gujarat Gas Limited. This strategic agreement is set to govern a major business transaction involving the three parties.The company noted that the Tripartite Agreement and associated Term Sheets are currently in the pre-operative stage. Representatives from the involved parties are actively engaged in finalizing the definitive terms and conditions that will govern the execution and operationalization of the transaction.In terms of commercial details, Rudra Gas Enterprise Limited has been awarded a Contract...

SM Auto Stamping Ltd To Hold Board Meeting to Discuss Key Appointments and Audit Reports SM Auto Stamping Limited announced that its Board of Directors is scheduled to meet on Thursday, April 30, 2026, at 11:30 A.M. at its Nashik location. The meeting is convened to consider and approve several critical corporate governance matters, including personnel changes, audit recommendations, and related party transaction approvals.Among the key items on the agenda is the approval of the resignation of Mr. Pawan Mahajan from his roles as Company Secretary and Compliance Officer. The board will also consider the recommendations of the Nomination and Remuneration Committee and the Audit Committee to approve the appointment of a new Company...

Fidel Softech Limited Announces Financial Results for FY 2025-26, Recommends Dividend of Rs. 2.25 Fidel Softech Limited announced its audited financial results for the year ended March 31, 2026, following a Board of Directors meeting held on April 27, 2026.At the board meeting, the company approved the audited consolidated and standalone financial results for the quarter, half year, and year ended March 31, 2026. The statutory auditors, Kirtane and Pandit LLP, issued an unmodified audit report on the Annual Audited Consolidated and Standalone Financial Statements for the Financial Year ended March 31, 2026.The Board also recommended a Final Dividend of Rs. 2.25 per equity share, which represents 22.5% of the Face value of Rs. 10...