Markets

NCLAT Allows Appeal, Directs Banks to Facilitate Release of Non-Fund-Based Limits for Jyoti Structures Limited The National Company Law Appellate Tribunal (NCLAT), New Delhi Bench, issued an order on May 26, 2026, directing crucial action regarding the non-fund-based limits of Jyoti Structures Limited. The NCLAT allowed an appeal filed against an order previously passed by the Hon'ble National Company Law Tribunal (NCLT), Mumbai.The appeal pertains to a contempt matter concerning the release and disbursal of non-fund-based (NFB) limits to the company.Under the NCLAT's directive, the company has been granted the ability to request the release or disbursal of the NFB Limits from the concerned appellant banks. Furthermore, the banks...

HEG Limited Board Recommends Final Dividend of Rs 3.40 Per Share for FY 2025-26 HEG Limited announced that its Board of Directors recommended a final dividend for the fiscal year 2025-26. The recommendation was made at a board meeting held on April 29, 2026.The company has recommended a final dividend of Rs 3.40 per equity share. This dividend relates to the face value of Rs 2 per share, representing 170% of the face value. The payment of this dividend is subject to the approval of the shareholders at the ensuing 54th Annual General Meeting (AGM) of the Company. Should the dividend proceed, the funds will be paid or dispatched within 30 days from the date of the AGM.Taxation on Dividend Payment The company noted that, as per the...

Asahi India Glass Announces Q4 FY26 Results and Recommends Dividend of Rs 2 Per Share Asahi India Glass Limited announced the results of its Board of Directors meeting held on May 27, 2026. During the meeting, the company considered and approved the audited financial results for both Standalone and Consolidated entities for the fourth quarter and the full financial year ended March 31, 2026.The Board also recommended a dividend of Rs 2/- per equity share, which has a face value of Rs 1/-. The payment of this dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting.Financial Highlights The consolidated financial statements for the year ended March 31, 2026, showed significant operational figures...

Power Finance Corporation Transfers Wholly Owned Subsidiary NERGS III Siang Basin Transmission Power Finance Corporation Limited (PFC), a Government of India Undertaking, has transferred NERGS III Siang Basin Transmission Limited. This entity is a wholly owned subsidiary of PFC Consulting Limited, which itself is a wholly owned subsidiary of Power Finance Corporation Limited.The transfer was completed on May 26, 2026, with the asset going to Dineshchandra R. Agrawal Infracon Private Limited, identified as the successful bidder.The transaction details reveal that the sale of the subsidiary is valued at Rs.19,70,61,135/- (Rupees Nineteen Crores Seventy Lakhs Sixty One Thousand One Hundred and Thirty Five Only) as per the Share...

IndoStar Capital Finance Reports Audited Financial Results for FY 2026; Highlights Include Major Divestment Gains IndoStar Capital Finance Limited (ICFL) announced its audited financial results for the quarter and the financial year ended March 31, 2026. The company confirmed that the Board of Directors reviewed and approved the results, which were audited by M/s. MSKA & Associates LLP, Chartered Accountants.During the reporting period, the Group recorded a significant exceptional item gain from the divestment of Niwas Housing Finance Limited (NHFL), a debt-listed material subsidiary.Financial Performance Summary (Rs. in Lakhs) The company presented both standalone and consolidated financial data for the year ended March 31, 2026...

Indian Metals Announces Robust FY26 Results, Highlights Capacity Expansion and ₹7.50 Dividend Recommendation Bhubaneswar, May 27, 2026 — Indian Metals & Ferro Alloys Limited (IMFA) today announced its financial results for the quarter and year ended March 31, 2026. The company reported a strong financial performance, attributing the growth to stable ferro chrome prices, improved operational efficiency, and strategic capacity expansion.The Board of Directors meeting held on May 27, 2026, approved the audited financial results (both standalone and consolidated) for the fiscal year.Financial Performance Highlights The company achieved significant year-over-year growth, with total revenue from operations reaching Rs 2,826.31 crore in...

Anlon Technology Solutions Reports Strong Growth, Sees FY26 Revenue Surge 111% Anlon Technology Solutions Limited, a specialized engineering solutions company focused on airport, municipal, and industrial infrastructure equipment, has announced its Audited Financial Results for the Half Year Ended (H2 FY26) and the Financial Year Ended (FY26). The company highlighted that its 'Make in India' manufacturing strategy has significantly reshaped its revenue mix, operational capabilities, and long-term growth trajectory.The firm's performance demonstrates its strengthening position as a key player in critical infrastructure solutions across aviation, municipal, and industrial sectors.Key Financial Performance Highlights The company...

Rex Pipes And Cables Industries Reports Financial Results for Year Ended March 31, 2026 Rex Pipes And Cables Industries Limited announced its audited standalone and consolidated financial results for the half year and year ended March 31, 2026. The company also released its standalone and consolidated balance sheets and cash flow statements for the period. The audited financial results were issued with an unmodified opinion by the statutory auditors, M/s S C L J & ASSOCIATES, Chartered Accountants.The company reported key financial metrics for the year ended March 31, 2026, which saw the Total Income reach 13,834.25 Lakhs in the standalone statement.Standalone Financial Performance The standalone results highlight key operational...

Indian Metals & Ferro Alloys Board Approves FY Results, Recommends Dividend, and Names New Director Indian Metals & Ferro Alloys Limited (IMFA) announced the outcomes of its Board of Directors meeting held on May 27, 2026. The board approved the audited financial results for the quarter and year ended March 31, 2026, and recommended a final dividend.During the meeting, the board formally approved the audited financial results, both standalone and consolidated, for the period ending March 31, 2026. The results were presented alongside the Auditors Report from M/s. Walker Chandio & Co LLP, the statutory auditors of the Company.The Board also recommended a final dividend of Rs 7.50 per equity share. This dividend is subject to the...

SRG Fingrow Finance Announces Audited Financial Results for Half-Year and Year Ended March 31, 2026 SRG Fingrow Finance Ltd has announced its audited financial results for the half-year and year ended March 31, 2026. The Company's Board of Directors considered and approved these results during a meeting held on May 27, 2026.The statutory auditors, Valawat & Associates, issued an audit report providing an unmodified opinion on the audited financial results for the half-year and the full year ended March 31, 2026.Financial Performance Highlights The audited statements for the half-year and year ended March 31, 2026, show the following key financial metrics (figures in Rs. In Lakhs):Particulars Half-Year ended 31.03.2026 (Audited)...

One Point One Solutions Reports Audited Financial Results for FY 2025-26 One Point One Solutions Limited announced the approval of its audited financial results for the quarter and year ending March 31, 2026, following the Board of Directors meeting held on May 27, 2026. The company provided both standalone and consolidated financial statements detailing the financial performance and position of the Group.The company’s consolidated results show total revenue from operations of 3,133,808 Rs. Lacs for the year ended March 31, 2026, compared to 2,563,566 Rs. Lacs in the previous year. The Group posted total income of 3,310,319 Rs. Lacs, resulting in a consolidated profit for the period of 435,296 Rs. Lacs.Financial Performance Summary...

Dhara Rail Projects Limited Secures Rs 5.6 Crore Service Contract for Railway Depot Maintenance Mumbai, May 27, 2026 – Dhara Rail Projects Limited announced the successful acquisition of a significant work order for repair and maintenance services. The contract, valued at Rs. 5,60,49,035.31 (Rupees Five Crore Sixty Lakh Fourty Nine Thousand Thirty Five Rupees And Thirty One Paise Only), covers the upkeep of 8-Wheeler Tower Wagons and Cummins Engine checks at various rail depots.The contract awarded is for 'Repair & Maintenance Service Contract for Cummins Engine (B, C & D Checks) and Major Components of 8-Wheeler Tower Wagon in ABSA, AGTL, DMR,UDPU, ARCL, BPB, KXJ, LLBR, DSR, MUPA and NHLG Depot under Lumding Division for Two (02)...

Peeti Securities Ltd. Announces Audited Financial Results for the Year Ended March 31, 2026 Peeti Securities Ltd., a manufacturer of textiles and furnishing fabrics, has released its audited financial results for the quarter and the full financial year ended March 31, 2026. The company announced the results after considering and approving the audited financial results, the assets and liabilities statement, and the cash flow statement.The audited standalone financial results, prepared in Rupees in Lakhs, show key figures for the quarter and the full financial year.Statement of Standalone Audited Financial Results The company's total revenue saw a notable figure for the year ended March 31, 2026. Total Revenue (a+b) was recorded at...

Aartech Solonics Confirms Receipt of Insurance Settlement After Mandideep Facility Fire Aartech Solonics Limited has confirmed the receipt of a final insurance claim settlement amount following a fire incident that occurred at its manufacturing facility in Mandideep, Madhya Pradesh.The company reported the settlement received from Cholamandalam MS General Insurance Company Limited concerning the fire at the facility located at 35-A/36, Sector-B, Industrial Area, Mandideep, District Raisen - 462046, Madhya Pradesh.The incident resulted in damage to plant and machinery, inventories, and other assets at the Mandideep Factory. Upon occurrence, the company immediately initiated containment measures and collaborated with the insurer...

TVS Srichakra Announces FY 2026 Results and Recommends Final Dividend of Rs. 37.80 Per Share TVS Srichakra Limited announced its financial results for the quarter and full financial year ended March 31, 2026. The Board of Directors approved the audited Standalone and Consolidated financial statements and recommended a final dividend of Rs. 37.80 per share for the fiscal year 2025-26.The company confirmed that the final dividend, based on the face value of Rs. 10 per share, is subject to approval by the shareholders at the ensuing Annual General Meeting and will be disbursed within 30 days of receiving that approval.The Group's major business activity remains concentrated within a single reportable segment: Automotive Tyres, Tubes...

West Coast Paper Mills Announces FY26 Results, Recommends 150% Dividend West Coast Paper Mills Limited today announced the outcome of its Board of Directors meeting held on May 27, 2026. The company approved and took on record its audited financial results for the financial year and quarter ended March 31, 2026. The Board also recommended a dividend payout based on the strong financial performance.The company announced a dividend of ₹3/- (150%) per Equity Share on 6,60,48,908 Equity Shares of ₹2/- each for the Financial Year ended on March 31, 2026. This recommendation is subject to the approval of the shareholders at the ensuing Annual General Meeting.Financial Highlights (₹ in Crores) West Coast Paper Mills recorded significant...

Life Insurance Corporation of India Set to Participate in Bank of America Investor Conference The Life Insurance Corporation of India (LIC) has scheduled its participation in an investor conference, detailing a group and one-on-one meeting with a major institutional investor.The LIC will attend the BofA India Conference, 2026, organized by Bank of America. This event is scheduled for June 02, 2026, and will take place at the Taj Palace in Mumbai.During the conference, a corporate presentation will be shared with the attending investors and analysts.The details of the LIC's participation are summarized below:Date of Participation Details of the Meet Institutional Investor/Analyst Organized By Presentation Provided VenueJune...

Om Power Transmission Receives Order from MSME Commissionerate Regarding Delayed Payment Claim Om Power Transmission Limited has received an order dated May 16, 2026, from the MSME Commissionerate, Gandhinagar. The order concerns a complaint previously filed by the Company against Chromeni Steels Private Limited under the Micro, Small and Medium Enterprises Development Act, 2006, related to claims of delayed payments.The Commissionerate's order was delivered to the Company on May 26, 2026. According to details provided, the Council, during its 339th MSEFC hearing on April 22, 2026, dismissed the case for default, resulting in the case remaining dismissed.The original complaint involved a delayed payment amount totaling Rs. 181.17...

Shubhshree Biofuels Energy Limited Announces Audited Financial Results for FY 2026 and Half Year Shubhshree Biofuels Energy Limited announced that its Board of Directors held a meeting on May 27, 2026, and approved the Audited Standalone and Consolidated Financial Results for the half year and the financial year ended March 31, 2026. The company also recorded the audited financial statements and the statement of Cash Flow for the financial year ended March 31, 2026.The company reported the utilization of IPO proceeds in accordance with the objects stated in the prospectus. According to the utilization statement, the company received a total amount of 1471.76 Lacs after deducting issue expenses during the public issue on September 12...

Varroc Engineering Announces Financial Results for FY 2025-26; Plans Include Rs 500 Crore NCD Issuance and Borrowing Limit Hike Varroc Engineering Limited today announced the approval of its standalone and consolidated financial results for the Quarter and Financial Year ended March 31, 2026. The company also recommended a dividend payout and outlined significant proposals including raising capital through Non-Convertible Debentures (NCDs) and substantially enhancing its borrowing limits.The Board of Directors held a meeting on May 27, 2026, where the financial results and key corporate actions were approved.Financial Performance Summary The company's financials for the quarter and full year ended March 31, 2026, were approved by...