Markets

Central Bank of India Announces Superannuation Retirements of Key Management Personnel Central Bank of India has reported two changes in its management team due to superannuation, effective May 31, 2026. The bank announced that Shri Mukul N. Dandige and Shri Suryanarayana Murty Saladi are retiring from their respective posts.Shri Mukul N. Dandige, who held the position of Chief General Manager and Chief Financial Officer, is set to retire upon reaching superannuation on May 31, 2026.Similarly, Shri Suryanarayana Murty Saladi, General Manager of the MSME Department, will also retire due to superannuation on May 31, 2026.The key personnel involved in the retirement are detailed below:NamePositionReason for RetirementRetirement...

Federal Bank Allots Equity Shares Following Exercise of Stock Options under ESOS Schemes The Federal Bank Limited announced the allotment of equity shares to option grantees following the exercise of stock options under its Employee Stock Option Schemes (ESOS). The allotments occurred on May 31, 2026.The allotments were made after the payment of money by the option grantees. The company detailed two separate allotments under different ESOS schemes.The transaction data is summarized below:SchemeShares AllottedFace Value Per ShareESOS 2010 Scheme1,500Rs. 2/-ESOS 2017 Scheme3,52,671Rs. 2/-The allotment under the ESOS 2010 Scheme involved 1,500 Equity Shares, each having a face value of Rs. 2/-. Separately, the ESOS 2017...

Mahickra Chemicals Declares Interim Dividend of Rs. 0.15 Per Share for FY 2025-26 Mahickra Chemicals Limited announced that its Board of Directors approved the declaration of an Interim Dividend for the financial year 2025-26. The declaration was made during the Board meeting held on May 30, 2026.The company approved an Interim Dividend of Rs. 0.15 per equity share. This dividend is based on the company's equity shares, which have a face value of Rs. 10/- each.The company further confirmed the record date for the distribution of the Interim Dividend. Beneficial owners must be recorded at the end of business hours on Friday, June 05, 2026. This date, referred to as the Record Date, is necessary for reckoning the list of shareholders...

NCC Limited Reports Orders Valued at Rs. 1837.01 Crore During May 2026 NCC Limited reported receiving a total order value of Rs. 1837.01 Crore (excluding GST) during May 2026. The company noted that these orders were secured during the normal course of business and did not include any internal orders.The received orders were broken down across the company's major divisions. The Water Division accounted for the largest share, followed by the Electrical and Buildings Divisions.Key figures detailing the order breakdown for May 2026 are presented below:DivisionOrder Value (Rs. Crore)Water Division1289.17Buildings Division261.42Electrical Division286.42Total1837.01NCC Limited confirmed that the projects awarding the...

Virinchi Limited Reports Audited Q4 and FY26 Financial Results Virinchi Limited today announced its audited standalone and consolidated financial results for the fourth quarter and the full year ended March 31, 2026.Financially, the Group reported key figures for the period. Standalone Q4FY26 revenue stood at Rs. 44.45 Cr, with a negative Profit After Tax (PAT) of Rs. 8.10 Cr. For the full fiscal year (FY26), standalone revenue reached Rs. 183.38 crore, generating a PAT of Rs. 13.98 crore. On a consolidated basis, the Group reported revenue of Rs. 67.31 Cr and a negative PAT of Rs. 15.69 Cr in Q4FY26. For FY26, consolidated revenue stood at Rs. 286.13 crore, resulting in a negative PAT of Rs. 27.39 crore.The profitability figures...

Seamec Limited Reports Successful Completion of Vessel 'SEAMEC III' Project Seamec Limited announced the successful completion and off-hiring of its vessel, 'SEAMEC III'. The vessel concluded its second Part Replacement Pipeline Project, which included the Pipeline Replacement Project - Group A (PRP-VIII A) and the DSF II Project.The off-hiring of 'SEAMEC III' was finalized with M/s. G R Infraprojects Limited, effective May 31, 2026, at 15:00 hrs.The company confirmed that 'SEAMEC III' is next scheduled to undergo Drydocking during the first week of June 2026.SEAMECLTD Stock Price Movement Shares of Seamec Limited slipped by 2.36% on Friday, settling at ₹1614.6. The stock saw robust interest, recording a total traded volume of...

Titagarh Rail Systems Announces FY 2026 Results, Recommends 50% Dividend, Completes European Exit TITAGARH RAIL SYSTEMS LIMITED (TRSL) announced the approval of its audited financial results for the quarter and full financial year ended March 31, 2026. The results, encompassing both standalone and consolidated figures, were approved by the Board of Directors following a meeting held on May 30, 2026, and concluded on May 31, 2026.The Company also recommended a dividend of 50%, equating to Re. 1 per Ordinary (Equity) Share of Rs. 2/- each, for the Financial Year 2025-2026. This dividend recommendation is subject to approval by the shareholders at the ensuing Annual General Meeting (AGM).Key Financial and Strategic Updates The Board of...

Onelife Capital Advisors Reports Q4 and Annual Financial Results; Appoints New CEO and Recommends Dividend Onelife Capital Advisors Limited announced the outcomes of its Board Meeting held on May 30, 2026. The company approved its Audited Standalone and Consolidated Financial Results for the fourth quarter and year ended March 31, 2026, accompanied by the Auditor's Report.The company also made key announcements regarding its leadership structure, including the appointment of a new Chief Executive Officer (CEO), and recommending a final dividend to its members.Financial Performance Highlights The Board approved the financial results, which included the Statutory Auditors’ Unmodified Opinion.Standalone Financial Results Overview The...

RMC Switchgears Reports FY26 Consolidated Revenue of ₹401.59 Crore, Marking 26.40% Year-on-Year Growth RMC Switchgears Limited, a Jaipur-based power infrastructure and EPC solutions company, announced its audited consolidated financial results for the financial year ended March 31, 2026. The company reported consolidated revenue from operations of ₹401.59 crore for FY26, achieving a significant growth of 26.40% year-on-year.The company stated that its strong annual performance was supported by continued execution across its power infrastructure and EPC businesses, alongside sustained demand within its core operating segments.Financial Performance Snapshot (₹ crore) The financial performance for FY26 and Q4 FY26 highlights the...

Info Edge Announces Change in Leadership as Pawan Goyal Steps Down from Director Role Info Edge (India) Limited announced a change in its key managerial personnel, confirming that Mr. Pawan Goyal will cease to hold the position of Whole-time Director and Chief Business Officer-Naukri.The transition is effective from the close of business hours on May 31, 2026.With this change, Mr. Pawan Goyal will also consequently cease to be a member of the various Committees of the Board in which he held membership.Info Edge (India) Limited, the company overseeing platforms including Naukri and 99acres, confirmed the change detailing that Mr. Goyal is stepping down from his role as Whole-time Director and Chief Business Officer-Naukri, and Key...

Seamec Limited's Vessel 'SAMUDRA PRABHA' Deployed with ONGC After Successful Trials Seamec Limited announced that its vessel, 'SAMUDRA PRABHA', has been deployed in the field after successfully completing its Dynamic Positioning (DP) and Fire and Flare (FiFi) trails.The vessel commenced operations with ONGC (Oil and Natural Gas Corporation) in the field on May 31, 2026. The deployment was confirmed at 10:30 hrs on the specified date.The deployment marks the operational readiness of the 'SAMUDRA PRABHA' following the completion of rigorous testing procedures, enabling it to begin its service tenure with ONGC.SEAMECLTD Stock Price Movement On Friday, Seamec Limited shares slipped by 2.36% to close at ₹1614.6. Trading activity...

Rudrabhishek Enterprises Approves FY2026 Financial Results and Appoints Internal Auditor Rudrabhishek Enterprises Limited announced that its Board of Directors met on Saturday, May 30, 2026. During the meeting, the Board approved the Audited Financial Statements (both Standalone and Consolidated) for the year ended March 31, 2026, along with the corresponding Financial Results for the quarter and year ended March 31, 2026.The Board of Directors also approved the appointment of M/s Sanjeev Neeru & Associates as the Internal Auditor for the financial year 2026-27.Financial Results for the Year Ended March 31, 2026 The financial results for the quarter and year ended March 31, 2026, were presented to the Board, accompanied by the...

Fire Incident Reported at Minda Corporation Limited Manufacturing Facility Minda Corporation Limited confirmed that a fire incident occurred at its manufacturing facility located in Noida, Uttar Pradesh. The incident took place on Saturday, May 30, 2026, at approximately 4:15 p.m.The company stated that the primary focus immediately following the incident was ensuring the safety of all personnel. Minda Corporation Limited reported that there were no casualties or injuries to any staff members.The emergency response procedures were activated immediately, and the situation was brought under control with the support of local fire authorities and emergency services. Minda Corporation Limited confirmed that the company's team is closely...

Dynacons Systems Achieves Strong FY26 Performance Driven by Digital Transformation and Robust Order Book Dynacons Systems & Solutions Limited, a major IT infrastructure and digital transformation company, reported a strong operational performance for the fiscal year ending March 31, 2026. The growth was attributed to robust execution across critical domains, including Data Centre & Cloud Infrastructure, Network & Cybersecurity, Digital Workplace Solutions, and Managed Services. The company continues to strengthen its market position through significant order acquisitions and increasing demand for cloud, cybersecurity, AI-ready infrastructure, and digital transformation solutions from BFSI, government, and enterprise clientele...

Purple United Sales Limited Opens Three New Exclusive Brand Outlets, Reaching 114 Stores Purple United Sales Limited, operating under the brand PURPLE UNITED KIDS, has announced significant expansion across India with the opening of three new Retail Stores/Exclusive Brand Outlets (EBOs) in May 2026. This expansion helps the company reach new markets and grow its customer base for kids' fashion.The company achieved a major milestone, bringing its total number of Retail Stores/EBOs to 114. The three new outlets opened in May 2026 are located in:1. Guna, Madhya Pradesh 2. Chetakpuri, Gwalior 3. Vidisha, BhopalThese additions contribute to the brand's overall pan-India retail presence, solidifying its position in the premium kidswear...

Jyoti CNC Automation Limited Receives Favorable Order in GST Appeal Jyoti CNC Automation Limited reported a significant development in its litigation concerning a Goods and Services Tax (GST) dispute. The company announced that the Commissioner (Appeal), Central GST & Excise, Rajkot, issued an order on May 29, 2026, setting aside an alleged order previously passed by an Additional Commissioner, CGST Commissionerate, Rajkot.The favorable order stems from an appeal filed by the company. The ruling addressed a total demand of ₹ 4,45,59,720/- that had been imposed by the Additional Commissioner, Central GST, Rajkot.The details regarding the litigation are summarized below:ParticularDetailsOpposite PartyAdditional Commissioner...

Rajesh Exports Announces Audited Consolidated Financial Results for Year Ended March 31, 2026 Rajesh Exports Limited, a manufacturer and exporter of Gold and Diamond Jewellery, has announced its consolidated audited financial results for the quarter and year ended March 31, 2026. The company's Board of Directors considered and approved the results following a meeting held on May 30, 2026.The comprehensive financial results, including the Statement of Profit and Loss and the Balance Sheet, provide an overview of the Group's performance for the year ending March 31, 2026, compared to previous periods.Financial Highlights (In Millions) The company reports its consolidated audited financial results across multiple periods. The following...

India Power Corporation Limited Completes Transition Following CBO Resignation During CIRP India Power Corporation Limited, formerly DPSC Limited, confirmed the resignation of its Chief Business Officer, Pramod Singh, while the company remains under the Corporate Insolvency Resolution Process (CIRP).The company is currently undergoing proceedings under the Insolvency and Bankruptcy Code, 2016. The Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench-1, admitted an application under Section 7 of the IBC on May 15, 2026, thereby commencing the Corporate Insolvency Resolution Process (CIRP). Due to this proceeding, the powers of the Board of Directors of the Company stand suspended.The Interim Resolution Professional of the...

MMTC Limited Announces Financial Results for the Year Ended March 31, 2026 MMTC Limited has released its financial results for the year ended March 31, 2026. The reporting contained specific findings and a Qualified Opinion from the independent auditor regarding key outstanding liabilities and the Group's future operational status.Auditor's Findings and Material Issues The auditor issued a Qualified Opinion on both the Standalone and Consolidated Annual Financial Results. The Basis for Qualified Opinion centered on the handling of the Anglo Coal case and the related provision.In the Anglo Coal matter, an amount of Rs. 1088.62 crore, comprising Rs. 1087.76 crore deposited with the court and Rs. 0.86 crore attached from the company's...

Super Tannery Limited Announces Audited Financial Results and Recommends Final Dividend Super Tannery Limited has announced the approval of its Standalone and Consolidated Audited Financial Results for the quarter and full year ended March 31, 2026. Following the Board of Directors meeting held on May 30, 2026, the company also recommended a final dividend for the financial year 2025-26.The Board of Directors, having received recommendations from the Audit Committee, approved the audited financial results for both the quarter and the full year ending March 31, 2026. The company also recommended a final dividend of Rs. 0.05 per share (representing 5% on the face value of Re. 1 each) for the financial year 2025-26.Financial Highlights...