Markets

Suraj Estate Developers Approves FY 2026 Financial Results, Re-appoints Auditors Suraj Estate Developers Limited announced that its Board of Directors, in a meeting held on May 30, 2026, approved the audited financial results and statements for the quarter and financial year ended March 31, 2026. The Board meeting also saw the re-appointment of key audit personnel for the financial year 2026-27.The company also confirmed the receipt of an unmodified audit opinion from M/s SKLR & Co. LLP, Chartered Accountants, regarding the standalone and consolidated audited financial results.Governance and Audit Approvals The Board meeting approved the release of the audited financial results (both standalone and consolidated) along with the...

Zeal Global Services Approves Dividend, Reviews FY 26-27 Transactions Following Board Meeting Zeal Global Services Limited, formerly Zeal Global Services Private Limited, announced key corporate actions and reported its audited financial results for the half year and year ended March 31, 2026. The Board of Directors held a meeting on May 30, 2026, where the company considered and approved its audited financial statements and strategic proposals.During the board meeting, the company approved the consolidated and standalone audited financial results for the half year and year ended March 31, 2026. Furthermore, the board recommended a final equity dividend for the financial year 2025-26. This dividend is set at INR 1.50 per equity share...

Gufic Biosciences Approves Further Investment in Saraswat Co-operative Bank Limited Gufic Biosciences Limited announced that its Board of Directors has approved a substantial further investment into Saraswat Co-operative Bank Limited. The investment involves the subscription of 57,50,800 Equity Shares in the bank.The investment, approved during a Board meeting held on May 29, 2026, amounts to Rs. 5,75,08,000/- (Rupees Five Crores Seventy-Five Lakhs Eight Thousand only). The shares being subscribed have a face value of Rs. 10/- each. The transaction is planned to be completed within four months and will be settled via cash consideration.The proposed investment underscores an existing banking relationship. The company stated that it...

On Door Concepts Limited Approves Preferential Issue of Equity Shares and Warrants On Door Concepts Limited announced that its Board of Directors has approved a preferential issue of equity shares and convertible warrants. The company's board considered and approved the proposed issue during meetings held on April 21, 2026, and May 06, 2026.In connection with the preferential issue, the company emphasized its commitment to enhanced corporate governance and transparency. As a measure to ensure fairness to all stakeholders, the company voluntarily obtained a valuation report from an independent Registered Valuer. This valuation determined the proposed issue price for the equity shares and warrants to be allotted on a preferential basis...

Kavveri Defence Reports Standalone and Consolidated Financial Results for FY26; Audit Issues Qualified Opinion Kavveri Defence & Wireless Technologies Limited (Kavveri Defence) announced its standalone and consolidated financial results and audit report for the financial year ended March 31, 2026, following the Board of Directors meeting held on May 30, 2026. The company also reported a notable advisory letter from the National Stock Exchange regarding its corporate disclosures.The company's standalone and consolidated financial results were presented for the quarter ended March 31, 2026, and the year ended March 31, 2026.Financial Performance Overview (FY26) The consolidated statement of profit and loss reflected a decline in...

PAKKA LIMITED Announces Standalone Audited Financial Results for the Year Ended March 31, 2026 Pakka Limited announced the approval of its Standalone Audited Financial Results for the fourth quarter and the financial year ended March 31, 2026, following a Board of Directors meeting held on May 30, 2026.The Board of Directors approved the Standalone Audited Financial Results, including the Segment Reporting, Statement of Assets and Liabilities, and Cash Flow Statement for the period. The company also confirmed that the Statutory Auditors, C N K & Associates LLP, issued an Audit Report with an unmodified opinion on these Standalone Audited Financial Results for the quarter and year ended March 31, 2026.Financial Performance Highlights...

Girnar Spintex Industries Reports Delay in Approval of FY 2026 Audited Financial Results Girnar Spintex Industries Limited, formerly known as Amit Spinning Industries Limited, announced an adjustment to the schedule for the approval of its audited financial results for the financial year ended March 31, 2026.The company stated that the Board Meeting originally convened on May 30, 2026, to consider and approve the Audited Financial Results could not finalize the figures. The delay was attributed to the non-availability of certain critical information and the required completion of various audit-related procedures.Consequently, the Board adjourned the meeting and subsequently reconvened on June 2, 2026, specifically for the...

Kanani Industries Limited Board Takes on Record Financial Results for Year Ended March 31, 2026 Kanani Industries Limited announced that its Board of Directors, during a meeting held on May 30, 2026, considered and approved the taking on record of the company's audited financial results.The Board approved taking on record the Audited Standalone and Consolidated Financial Results for the quarter/year ended March 31, 2026. The announcement also confirmed the acceptance of the accompanying Audit Report, which was submitted by M/s. JMMK & Co., Chartered Accountants, the company's Statutory Auditors.The Board meeting, which commenced at 1:45 PM and concluded at 3:35 PM, centered on the review and formal record of these annual financial...

Indo-National Limited Invests Rs. 99,87,744 in Medcuore Medical Solutions for Business Expansion Indo-National Limited has increased its stake in Medcuore Medical Solutions Private Ltd (MMSPL) through a recent investment of Rs. 99,87,744. The capital infusion, made via the subscription of equity shares, marks a strategic move by Indo-National Limited to expand its business footprint.The investment represents an additional 1.68% equity stake in MMSPL on a fully diluted basis. With this acquisition, Indo-National Limited's aggregate shareholding in MMSPL now stands at 59.16%.The acquisition is structured as a cash consideration transaction. The shares were acquired at a price of Rs. 16,536 per share, based on a valuation report issued...

SBI Life Announces Superannuation of Senior Management Official SBI Life Insurance Company Limited confirmed the superannuation of a member of its senior management team. The company stated that Mr. Durgadas G, who serves as President - Operations & IT, will be leaving the services of the Company.Mr. Durgadas G is retiring from his position as President - Operations & IT, with his final day of service scheduled for Sunday, May 31, 2026.The following table outlines the key details regarding the senior management change:DetailInformationName of the Senior ManagementMr. Durgadas GReason for ChangeSuperannuating from his position as President - Operations & ITDate of CessationMay 31, 2026SBILIFE Stock Price Movement On...

GIPCL: Shares Linked to Unclaimed Dividends Subject to Transfer to IEPF Authority Gujarat Industries Power Company Limited (GIPCL) has announced that shares associated with dividends remaining unclaimed for seven consecutive years or more are scheduled for transfer to the Investor Education and Protection Fund (IEPF) Authority.The company issued a notification detailing the process, informing shareholders that the transfer of shares must occur when dividends have not been paid or claimed for seven continuous years.GIPCL provided a detailed summary of the unclaimed dividend warrants for shareholders. These warrants pertain to the last seven consecutive financial years, commencing from the Financial Year 2018-19.The following table...

Panacea Biotec Announces Audited Financial Results and Appoints New Independent Director Panacea Biotec Limited announced the approval of its standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. Additionally, the company's Board of Directors passed over a dividend for the fiscal year 2025-26 and approved the appointment of Mr. Rajinder Singh Manku as a non-executive independent director.The Board of Directors reviewed the financial results at its meeting held on May 30, 2026. The results, which cover the quarter and full year ended March 31, 2026, are available alongside the Auditors' Report.Key Financial Results Overview The company reported the following key financial...

BGR Energy Systems Limited Receives Rectified Demand Order for Assessment Year 2018-19 BGR Energy Systems Limited has received a Rectification Order concerning its assessment for the financial year 2018-19. The order, dated May 29, 2026, was issued by the Assistant Commissioner (ST) (FAC), Ponneri Assessment Circle, under Section 161 of the TNGST Act, 2017.The rectification order rectifies an earlier remanded order dated February 3, 2026. This adjustment results in a revised total demand of Rs. 94,29,93,514. This amount comprises tax, interest, and penalty levied under CGST and SGST.The alleged contraventions relate to discrepancies observed during a GST audit for FY 2018-19. Specifically, the issues pertain to tax liability...

Goenka Diamond and Jewels Limited Approves Audited Financial Results for FY 2026 Goenka Diamond and Jewels Limited announced the outcome of its Board Meeting held on May 30, 2026. During the meeting, the Directors approved the audited Standalone and Consolidated Financial results for the quarter and year ended March 31, 2026, along with the associated Auditor's report.The Board's approval encompassed the confirmation of the audited Standalone and Consolidated Financial results for the quarter and year ended March 31, 2026, together with the Auditor's report.The Company also confirmed the receipt and inclusion of modified opinions regarding the annual audited financial results. These specialized opinions provided detailed insights on...

Arvind Port and Infra Limited Announces Audited Financial Results and Board Approvals Arvind Port and Infra Limited (formerly known as Arvind and Company Shipping Agencies Limited) announced the approval and record of its audited financial results for the half year and the full financial year ended March 31, 2026.On May 30, 2026, the Company’s Board of Directors held a meeting to consider and approve the audited Consolidated and Standalone financial statements for the financial year ending March 31, 2026, along with the associated Audit Report which carried an Unmodified Opinion. The board meeting also took on record the audited Consolidated and Standalone financial results for the half year ended March 31, 2026.Financial Highlights...

Bharat Gears Limited Announces Audited Financial Results for Fiscal Year 2026 Bharat Gears Limited announced its audited financial results for the year ended March 31, 2026, along with the Statement of Financial Results for the quarter and year ended March 31, 2026. The results were approved by the Board of Directors on May 30, 2026, and the annual results were confirmed by the Statutory Auditors, Deloitte Haskins & Sells LLP, which issued an audit report with unmodified opinion.Financial Performance Highlights The Statement of Financial Results for the quarter and year ended March 31, 2026, showed Total Income of 79,050.23 lakhs for the year, compared to 65,004.52 lakhs in the previous fiscal year.The company recorded a Total...

Shradha Realty Approves FY 2026 Financial Results, Proposes Dividend Amid Key Auditor Appointments Shradha Realty Limited, formerly Shradha Infraprojects Limited, announced the outcomes of its first Board Meeting for the Financial Year 2026-2027, held on Saturday, May 30, 2026. During the meeting, the Board of Directors reviewed and approved the audited financial statements for the Financial Year ended March 31, 2026, as well as the audited results for the Fourth Quarter (Q-4) / Half-Year (H-2) for the period ending the same date, both on a standalone and consolidated basis.The company's management also proposed a Final Dividend of Rs. 0.60 per equity share of face value Rs. 2/- (representing 30% of the capital) for the financial year...

XL Energy Limited Approves Audited Financial Results for Year Ended March 31, 2026 XL Energy Limited announced that its Monitoring Committee, along with the newly constituted board of directors/Successful Resolution Applicant, considered and approved the Audited Financial Results of the Company for the Quarter and Financial Year ended March 31, 2026, along with the associated Audit Report. The approvals were formalized during the committee meeting held on May 30, 2026.The statutory auditors, M/s. Pavuluri & Co., Chartered Accountants, issued the audit report confirming the financial results.Financial Performance Summary The company's financial performance metrics for the year ended March 31, 2026, reveal the following figures (in...

MSP Steel & Power Approves Expansion Capex and Releases Audited FY Results for FY 2025-26 MSP Steel & Power Limited announced on May 30, 2026, that its Board of Directors approved a significant capital expenditure program for the expansion of its integrated steel manufacturing facilities located in Raigarh, Chhattisgarh. The company also released its audited Standalone and Consolidated Financial Results for the fourth quarter and the full fiscal year ended March 31, 2026.The expansion initiative is designed to enhance production capacity, improve operational efficiencies, and strengthen integration across the steel value chain. The project is expected to meet the growing demand for the company's steel products.Financial Highlights...

Smarten Power Systems Limited Confirms Non-Applicability of Annual Secretarial Compliance Report Smarten Power Systems Limited, formerly known as Smarten Power Systems Private Limited, has confirmed that it is exempt from filing the Annual Secretarial Compliance Report for the financial year ended March 31, 2026.The requirement to submit the Annual Secretarial Compliance Report is generally mandated under Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.However, the company stated that because it is listed on the SME Platform of the National Stock Exchange of India Limited (NSE Emerge), specific provisions within the SEBI LODR Regulations are not applicable.Consequently, Smarten Power...