Markets

Cochin Shipyard Limited Receives Notices of Fines from Stock Exchanges Over Non-Compliance Cochin Shipyard Limited (CSL), a Government of India Category-1 Miniratna Company under the Ministry of Ports, Shipping and Waterways, has reported receiving notices from both the National Stock Exchange of India (NSE) and BSE Limited regarding non-compliance with specified corporate governance regulations.The notices detail the imposition of fines for violations pertaining to its board structure and committee constitution during the quarter ended March 31, 2026.According to the reported details, the authorities—BSE Limited and National Stock Exchange of India Limited—imposed a fine of Rs. 9,55,800 each, including GST @18%. These penalties...

Subex Limited Faces Fines from Stock Exchanges Over Board Composition Non-Compliance Subex Limited announced that both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) have imposed fines for non-compliance regarding the composition of the company's Board of Directors.The exchanges issued a notice on May 27, 2026, imposing a fine of Rs. 4,50,000/- each (excluding GST) against Subex Limited. The non-compliance centered on maintaining the prescribed composition requirements for the company's Board of Directors.Details of the Violation The details concerning the authorities, the action taken, and the alleged violation are summarized below:DetailDescriptionAuthoritiesNational Stock Exchange of India Limited...

Genesys International Corporation Limited Pays Fines to BSE and NSE Over Corporate Compliance Genesys International Corporation Limited recently confirmed that it was assessed fines by both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) due to non-compliance with specified listing regulations. The penalties were related to provisions concerning corporate governance and the timely filling of directorial vacancies.The company received notice regarding the non-compliance on May 27, 2026. Consequently, a fine of ₹4,18,900/- was imposed by BSE, and an identical fine of ₹4,18,900/- was imposed by NSE.The root cause of the non-compliance was identified as a vacancy created following the retirement of Independent...

Arman Financial Services Records Peak Assets Under Management at INR 2,728 Crore, Reports Q4 FY26 Results Arman Financial Services Limited, a Gujarat-based Non-Banking Financial Company (NBFC), has announced its audited financial results for the quarter and full year ended March 31, 2026. The company operates across microfinance, micro-enterprise (MSME) loans, two-wheeler loans, solar loans, and Loan Against Property (LAP) segments.The financial performance details are presented in Indian Accounting Standards (Ind-AS).Consolidated Financial Performance The company reported key consolidated figures, showing significant year-on-year growth in total asset under management (AUM).Particulars (INR...

TCS Becomes First Global Systems Integrator for Mistral Forge, Boosting Enterprise AI Deployment Tata Consultancy Services (TCS) has announced a major strategic partnership with Mistral, one of the world’s leading AI companies. Through this collaboration, TCS becomes the first global systems integrator partner to bring Mistral Forge to global enterprises, facilitating the deployment of domain-specific AI systems for governments and multinational organizations.The partnership combines Mistral’s advanced frontier AI capabilities with TCS’ deep context, engineering excellence, and domain knowledge of enterprise customers. The goal is to help organizations scale enterprise AI responsibly and rapidly.Building Custom AI Solutions As part...

NRB Industrial Bearings Limited Approves Financial Results, Announces Leadership Changes NRB Industrial Bearings Limited announced the outcome of its Board Meeting held on May 28, 2026. Key resolutions included the approval of the audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, alongside several changes in key management roles and the re-appointment of statutory and internal auditors.Financial Performance Review The company presented its detailed audited Standalone and Consolidated Financial Results. The financial statements provide a comparison of operational metrics across various periods.The Standalone Statement of Audited Financial Results for the quarter and year ended March...

My Mudra Fincorp Confirms Full Utilization of IPO Proceeds for FY2026 My Mudra Fincorp Limited has received confirmation from its statutory auditors regarding the utilization of its Initial Public Offering (IPO) proceeds for the financial year ended March 31, 2026. The audit confirmed that there was no deviation or variation in the manner in which the funds raised were utilized.Statutory Auditors, Sangita Gupta & Associates, verified the information using the company's standalone financial statements and other relevant records. The details were reviewed by the Audit Committee and subsequently approved by the Board of Directors of My Mudra Fincorp Limited.The auditors provided a detailed breakdown of how the total IPO proceeds were...

Travel Food Services Receives Substantial Relief Following CGST Rectification Order Travel Food Services Limited announced that it received a Rectification Order from the Office of the Commissioner of CGST and Central Excise, Mumbai Central, Mumbai. The order, dated May 21, 2026, granted substantial relief to the company by significantly reducing an earlier tax demand and penalty amount.The company received the Rectification Order on May 27, 2026. The alleged violation centered on a variance in Tax Liability, which was attributed to mismatched Input Tax Credit (ITC) across records (specifically returns versus the GST portal/GSTR 9) and excess ITC availment.The Rectification Order details the financial adjustment, significantly...

M Tek Copper Addresses NSE Non-Compliance Regarding Board Composition M Tek Copper Limited (erstwhile known as Madhav Copper Limited) has confirmed the receipt of a notice from the National Stock Exchange of India Limited (NSE) concerning non-compliance with regulations for the quarter ended March 31, 2026.The notice, dated May 27, 2026, related to non-compliance with the composition of the Board of Directors.The company stated that the non-compliance issue has been rectified. To ensure full compliance with the applicable regulations, M Tek Copper appointed a sixth director to its Board, effective May 21, 2026.The National Stock Exchange of India Limited (NSE) levied a fine against the company due to the alleged contravention...

Themis Medicare Announces Financial Results for FY 2025-26, Recommends Dividend of Re. 0.50 Themis Medicare Limited announced key outcomes of its Board of Directors meeting held on May 28, 2026. The Board approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, along with the report issued by Statutory Auditors M/s Krishaan & Co., Chartered Accountants. Furthermore, the Board recommended a final dividend of Re. 0.50 per equity share, aggregating to Rs. 4,60,50,060 /- for the Financial Year ended March 31, 2026, subject to shareholder approval. The company also appointed M/s R. Nanabhoy & Co., Cost Accountants, as the Cost Auditor for the Financial Year 2026-27.Financial...

BF Utilities Limited Announces Financial Results for March Quarter and Year End 2026 BF Utilities Limited released its financial results for the quarter and year ended March 31, 2026. The company's Board of Directors approved the audited standalone financial results and the corresponding auditors' report.The company's financial performance data highlights the following key figures for the period ending March 31, 2026, compared to the previous year.Financial Performance Overview (Rs. in Lakhs) The consolidated figures show the total revenue and profitability before exceptional items:Particulars31st March, 2026 (Audited)31st March, 2025 (Audited)Revenue from operations166.561858.36Other income84.392309.87Total...

Mahalaxmi Fabric Mills Limited Board Approves Re-appointment of Auditors for FY 2026-27 Mahalaxmi Fabric Mills Limited confirmed the re-appointment of its auditors following a Board of Directors meeting held on May 27, 2026. The board approved the services of two practicing chartered accountant firms for the Financial Year 2026-27.The company approved the re-appointment of M/s. D. Trivedi & Associates, a practicing chartered accountant, to serve as the Internal Auditor for the Financial Year 2026-27. Additionally, M/s. Bhanwar Jain & Co., another practicing chartered accountant, was re-appointed as the Tax Auditor for the same financial year.Both firms are registered with the Institute of Chartered Accountants of India (ICAI) and...

Procter & Gamble Hygiene and Health Care Announces Financial Results for FY2026 Mumbai, May 28, 2026: Procter & Gamble Hygiene and Health Care Ltd. today announced its financial results for the fourth quarter and the fiscal year ended March 31, 2026.The Company reported total sales of ₹4290 crore for the Fiscal Year ended March 31, 2026, which was flat compared to the previous year. Profit After Tax (PAT) reached ₹857 crores, marking a 19% increase versus the comparable period last year.For the fourth quarter ended March 31, 2026, the company recorded sales of ₹941 crore, representing a 5% decline year over year. PAT for the quarter was ₹153 crore, down by 2% compared to the prior year period.The company clarified that since...

B.L. Kashyap and Sons Limited Approves Audited Financial Results for Quarter and Year Ended March 31, 2026 B.L. Kashyap and Sons Limited announced on May 28, 2026, that its Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026. The company confirmed that the auditors issued an Audit Report with an unmodified opinion on these results.The Board Meeting, which took place on May 28, 2026, reviewed the comprehensive financial results for both the standalone entity and the consolidated group.Financial Performance Overview The audited financial statements provide detailed figures for both the quarter and the full year ended March 31, 2026.The...

Banaras Beads Limited Releases Audited Financial Results for Quarter and Year Ended March 31, 2026 Banaras Beads Limited, a recognized export house and manufacturer of beads, handicrafts, and fashion jewellery, announced its audited financial results for the quarter and the full financial year ending March 31, 2026. The financial results were reviewed and approved by the Board of Directors in a meeting held on May 28, 2026.The company, which manufactures and exports all kinds of beads, handicrafts, fashion jewellery, and accessories, provided key financial data detailing its operational performance and balance sheet position for the period.Quarterly Performance Summary The standalone audited financial results provided a detailed...

BMW Ventures Limited Announces Audited Financial Results for FY 2025-26 BMW Ventures Limited has announced its audited financial results for the fiscal year 2025-26, covering the 12-month period ending March 2026.The company reported robust growth across key financial metrics during the period.Financial Highlights For the fiscal year 2025-26, the total revenue reached ¥2,278.23 crore, marking an increase of ¥216.20 crore compared to the ¥2,062.03 crore reported in FY 2024-25. This translates to a year-over-year (YoY) revenue growth rate of 10.48%.In terms of profitability, the company's performance metrics saw significant changes:MetricFY 2025-26FY 2024-25Absolute ChangeYoY Growth RateTotal Revenue¥2,278.23 crore¥2,062.03...

Cords Cable Industries Reports Financial Results for FY 2026; Recommends Dividend Cords Cable Industries Limited announced key outcomes from its Board meeting held on May 28, 2026, including the approval of audited standalone financial results for the quarter and financial year ended March 31, 2026. The company also recommended a final dividend and approved the re-appointment of its internal and cost auditors for the financial year 2026-27.The company's audited financial results for the year ended March 31, 2026, and the preceding year, show a total income of 95,887.80 Rs lakhs for the full financial year 2025-26. Total expenses for the same period were 93,117.31 Rs lakhs, leading to a profit before tax of 2,770.49 Rs lakhs. The...

Ruchira Papers Limited Announces Audited Results and Recommends Dividend for F.Y. 2025-26 Ruchira Papers Limited announced the outcomes of its Board of Directors meeting held on May 28, 2026. The board considered and approved the audited financial results for the quarter and year ended March 31, 2026, alongside key recommendations regarding dividends, auditor re-appointments, and executive remuneration.Financial Performance The Company released its audited financial results for the quarter and year ended March 31, 2026. The detailed performance metrics for the quarter and year-to-date are presented below:ParticularsQuarter Ended 31.03.2026 (Audited)Year Ended 31.03.26 (Audited)Year Ended 31.03.25 (Audited)Total Income from...

Halder Venture Limited Finalizes Valuation Report for Proposed Preferential Issue of Warrants Halder Venture Limited announced the revision of its valuation report concerning a proposed preferential issue of warrants. The revision followed observations received from the National Stock Exchange of India Limited and BSE Limited, resulting in the classification of the company's equity shares as 'frequently traded shares'.In a communication dated May 28, 2026, the Company confirmed that the revised Valuation Report was prepared in line with the applicable provisions for frequently traded shares. The document detailed the valuation of the company's equity shares as of March 26, 2026, for the purpose of determining the issue price for the...

Prakash Steelage Limited Approves FY26 Results and Appoints New Auditors Prakash Steelage Limited announced significant corporate developments following its Board of Directors meeting held on May 28, 2026. The board approved the audited standalone financial results and also sanctioned the appointments of specialized auditors for the ensuing financial year.The company confirmed that the board considered and approved the audited standalone financial results, along with the accompanying Auditors' Report, for the quarter and the full financial year ended March 31, 2026.In addition to the results approval, the board also approved two key appointments for the financial year 2026-27. M/s. Luniya & Co., Chartered Accountants, was approved...