Markets

Mishra Dhatu Nigam Limited Receives Fines from BSE and NSE for Quarterly Non-Compliance Mishra Dhatu Nigam Limited (MIDHANI) has confirmed receiving fines from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) related to non-compliance identified for the quarter that ended on March 31, 2026.The company stated that both stock exchanges levied a fine of Rs. 4,95,600/- each, inclusive of GST, concerning non-compliance with regulations.The financial details of the fines are summarized below:Stock ExchangeAmount of FinePeriod CoveredBSE LimitedRs. 4,95,600/-Quarter ended March 31, 2026NSE India LimitedRs. 4,95,600/-Quarter ended March 31, 2026MIDHANI confirmed that the company plans to...

IndoStar Capital Finance Reports Q4 FY26 Results, Sees 21% Growth in Disbursements Mumbai, May 28, 2026: IndoStar Capital Finance Limited, a middle-layer non-banking finance company (NBFC) registered with the Reserve Bank of India, announced its financial results for the quarter and the year ended March 31, 2026. The NBFC specializes in retail lending, focusing on secured financing across Vehicle Finance (VF) and Micro Loans Against Property (M-LAP) to meet the credit needs of underserved segments.Quarterly Financial Highlights The company reported a strong performance for the quarter ended March 31, 2026. Disbursements for the quarter stood at INR 1,306 crore. This figure reflects significant growth, showing a 17% sequential increase...

Wonder Electricals Announces Audited Financial Results and Approves Preference Share Redemption Wonder Electricals Limited announced the results of its Board meeting held on May 28, 2026. The Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, and also approved the redemption of a specific number of preference shares from the company's profits.The Board's resolutions included the consideration of the audited financial results, which were found to have an unmodified opinion from the auditors. Furthermore, the company approved the redemption of 4,00,000 nonconvertible, non-participating, and non-cumulative redeemable preference shares, each having a face value of 2100...

Shalby Limited Appoints S A & Associates as Cost Auditor for Fiscal Year 2026-27 Shalby Limited announced the appointment of S A & Associates, Cost Accountant, Ahmedabad, to serve as the Cost Auditor for the company for the Fiscal Year 2026-27. The appointment was approved by the company's Board of Directors during a meeting held on May 27, 2026, following a recommendation from the Audit Committee.The company specified that the appointment of S A & Associates, which carries Firm Registration No. 000347, replaces the previously mentioned firm, M/s. Borad Sanjay B & Associates.The details of the Cost Audit appointment are as follows:ParticularsDetailCost Auditor AppointedS A & Associates, Cost Accountant, AhmedabadFirm...

HMT Limited Faces Fines from BSE and NSE Over Board Composition Deficiencies HMT Limited, a Government of India undertaking, has received notices from the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) concerning non-compliance related to its Board of Directors composition. The notices pertain to the quarter ended March 31, 2026.According to the report, the company was flagged for not maintaining the requisite number of Independent Directors on its Board of Directors.For this non-compliance, HMT Limited was assessed a fine of Rs. 5,31,000/- each, inclusive of Goods and Services Tax (GST), from both BSE and NSE.In response to the regulatory notices, HMT Limited confirmed that it is currently in the...

RCF Imposed Fines Following Non-Compliance Notice from Stock Exchanges Rashtriya Chemicals and Fertilizers Limited, a Government of India Undertaking, has reported receiving notices from the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) regarding non-compliance with regulatory provisions for the quarter ending March 31, 2026. The company confirmed that it has been imposed a fine of Rs. 5,31,000/- by both stock exchanges for the lapse.The non-compliance issue relates specifically to Regulation 17(1) of the Listing Obligations and Disclosure Requirements Regulations, 2015.The financial implication of the penalty is Rs. 5,31,000/- each from the NSE and BSE. Following the imposition of the fines, Rashtriya...

Hi-Tech Pipes Limited Announces FY26 Audited Results, Appoints New Auditors, and Plans Promoter Warrant Issuance Hi-Tech Pipes Limited announced the outcomes of its Board of Directors meeting held on May 28, 2026. The board considered and recommended the audited financial results for the Quarter and Financial Year ended March 31, 2026. The company also announced several key corporate decisions, including the appointment of new auditors and the proposal for issuing fully convertible warrants to its Promoter Group.Financial Results for FY26 The company released its audited financial statements for the year ended March 31, 2026.The Consolidated financial results provided a snapshot of the Group's performance:ParticularsQuarter...

Hindustan Copper Limited Fined by BSE and NSE for Board Composition Non-Compliance Hindustan Copper Limited (HCL) has been informed of fines imposed by both BSE Ltd and the National Stock Exchange of India Ltd (NSE) due to non-compliance with requirements pertaining to the composition of its Board and the constitution of its Audit and Nomination and Remuneration Committees.The notices confirm that both BSE and NSE imposed a fine of Rs. 9,55,800/- each on HCL. The non-compliance relates to requirements concerning the composition of the Board and the Constitution of the Audit Committee and Nomination and Remuneration Committee, as stipulated under SEBI (LODR) Regulations, 2015.Details of Imposed Fines and Violations The exchanges...

Alkem Laboratories Approves Financial Results and Recommends Final Dividend Alkem Laboratories Limited announced the approval of its Standalone and Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026. During the board meeting, the company also recommended a final dividend and approved the re-appointment of an executive director.The company provided comprehensive financial statements, including consolidated and standalone financial results, and detailed cash flow statements, reflecting its performance for the period ending March 31, 2026.Financial Highlights (Year Ended March 31, 2026) The audited financial results show significant figures for the year ended March 31, 2026.Consolidated...

Innovision Limited Announces FY2026 Results: Strong Revenue Growth and IPO Details Revealed Innovision Limited, a diversified services provider, announced on May 28, 2026, the audited stand-alone and consolidated financial results for the quarter and the full financial year ended March 31, 2026. The results reflect the company's successful completion of its Initial Public Offering (IPO) during the reporting period.Financial Performance Overview The audited financial results confirm substantial growth across key revenue streams. For the year ended March 31, 2026, the total revenue from operations reached 9,793.98 million (in 7 Millions) in the standalone segment, compared to 8,930.03 million in the previous year.In the consolidated...

Reliable Data Services Hit With Fines Over Non-Compliance with SEBI LODR Regulations Reliable Data Services Limited faced penalties from both the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange Limited (BSE) following notices regarding non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The company received communication from both exchanges on May 27, 2026. These notices indicated non-compliance with specific listing requirements for the quarter ended March 31, 2026.The core violation identified by both exchanges was Non-Compliance with Regulation 17(1) of SEBI LODR Regulations, 2015.In total, the company was subjected to a fine of Rs. 2,59,600/- from each stock...

Greaves Cotton Limited to Invest Rs. 50 Crores in Wholly Owned Subsidiary, Greaves Finance Greaves Cotton Limited has announced a planned investment of approximately Rs. 50 Crores into its wholly owned subsidiary, Greaves Finance Limited (GFL). The funding will be achieved through the subscription of equity shares offered on a rights basis.Greaves Cotton Limited confirmed that the investment will be utilized by GFL for general corporate, business, and on-lending purposes. This capital infusion is expected to take place on or before June 5, 2026.Greaves Finance Limited OverviewGreaves Finance Limited, incorporated on December 31, 1958, operates as a Non-Banking Financial Company. The company is primarily engaged in the business of...

Lupin Limited Presents Phase 1 Data on SOS1 Inhibitor LNP8701 at ASCO 2026 Lupin Limited announced that data from its Phase 1a trial evaluating LNP8701, an investigational SOS1 inhibitor, has been accepted for publication at the American Society of Clinical Oncology (ASCO) 2026 Annual Meeting. The meeting is scheduled to take place from May 29 to June 2, 2026, in Chicago, IL.The abstract, titled "A phase 1 study to evaluate safety, tolerability, and pharmacokinetics of LNP8701 (SOS1 inhibitor) in subjects with metastatic solid tumors," was published in the Developmental Therapeutics-Molecularly Targeted Agents and Tumor Biology track.LNP8701 is an orally administered compound designed to function as an SOS1 (Son of Sevenless1)...

Royal Enfield Launches Bullet 650 in India, Elevating Iconic 94-Year-Old Motorcycle Royal Enfield has announced the highly anticipated launch of the Bullet 650 in India. The motorcycle, which occupies the mid-size segment, represents a significant evolution of the brand's iconic Bullet line, available at an ex-showroom price of ₹ 3,64,856. The launch signals a new chapter for the world's longest running motorcycle in continuous production.Royal Enfield, which leads the mid-size motorcycle segment (250cc-750cc), introduced the powerful 650cc avatar on May 28, 2026. The Bullet, first introduced in 1932, has deep cultural roots, currently celebrating its 94th year of resilient production.B Govindarajan, Managing Director of Eicher...

The Anup Engineering Limited Approves FY Results and Recommends Final Dividend The Anup Engineering Limited announced the outcome of its Board Meeting held on May 28, 2026. During the meeting, the Board approved the audited standalone and consolidated financial results for the quarter and the full financial year ended March 31, 2026.The Board also recommended a final dividend of Rs. 12/- per equity share, corresponding to a face value of Rs. 10.00/- each, for the financial year ended March 31, 2026. This dividend recommendation remains subject to approval by the members at the ensuing Annual General Meeting.Furthermore, the company appointed M/s. Shap & Tannan Associates, Chartered Accountants (Firm Reg. No. 109983W), as the...

Alkem Laboratories Board Approves Financial Results, Recommends Dividend, and Re-appoints Director Alkem Laboratories Limited held its Board of Directors meeting on May 28, 2026. During the meeting, the Board approved the audited financial results for the quarter and the financial year ended March 31, 2026, and recommended a final dividend for the shareholders’ consideration.The Board confirmed that the Auditors expressed an unmodified opinion on the Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.In a key corporate governance decision, the Board approved the re-appointment of Mrs. Madhurima Singh as an Executive Director of the Company. This appointment is for a term of five...

Ajooni Biotech Limited Announces Financial Results and Unmodified Audit Opinion Ajooni Biotech Limited's Board of Directors met on May 28, 2026. During the meeting, the Board considered and approved the audited financial results for the year ended March 31, 2026, along with the corresponding auditor's report and the declaration of an Un-Modified Opinion.Standalone Financial Results Overview The standalone financial results for the quarter ended March 31, 2026, show the following performance metrics (figures in Lakhs):ParticularsQuarter Ended 31.03.2026Quarter Ended 31.12.2025Quarter Ended 31.03.2025Year Ended (Audited) 31.03.2026Year Ended (Audited) 31.03.2025Revenue from operations6,062.215875332,927.4418,237.8111,469.19...

Vadivarhe Speciality Chemicals Reports Audited Financial Results for FY 2026; Appoints Internal Auditors Vadivarhe Speciality Chemicals Limited announced the results of its Board of Directors meeting held on May 28, 2026. The company approved the audited financial statements and results for the half year and the full Financial Year ended March 31, 2026. Furthermore, the board approved the appointment of M/s. Yatin and Associates, Chartered Accountants, as the Internal Auditors for the financial year 2026-27.The company released its financial performance data, alongside the statutory audit report from S. R. Rahalkar & Associates, Chartered Accountants, which provided an unmodified opinion on the audited annual financial results for the...

Sanstar Limited Board Approves ₹1,98 Crore Fundraise, Capital Increase, and Joint Venture Strategy Sanstar Limited announced several major corporate actions following its Board meeting held on May 28, 2026. The board approved a significant fundraising round through a preferential issue, alongside expanding the company’s capital structure and establishing a strategic joint venture focused on specialty ingredients.The board also resolved to alter the company’s Memorandum of Association (MOA) to encompass a broader scope of manufacturing and trading activities and approved the convening of an Extraordinary General Meeting (EGM) on June 20, 2026, to seek shareholder approval for these proposed changes.Capital Restructuring and...

FCS Software Solutions Appoints Internal Auditor for 2026-27 Financial Year FCS Software Solutions Limited announced the appointment of Vijay Kumar & Associates, Chartered Accountants, as its Internal Auditor for the financial year 2026-27. The Board of Directors approved the appointment during a meeting held on May 28, 2026.The Internal Audit function is crucial for examining the company's overall operations and activities. The appointment was made following a recommendation from the audit committee.Details of the AppointmentThe company's records indicate the following key details regarding the selection and tenure of the Internal Auditor:ParticularsDetailsFirm AppointedM/s Vijay Kumar & Associates, Chartered Accountants...