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Adani Green Energy Commissions World's Largest Single-Location Battery Storage System in Gujarat
Adani Green Energy Commissions World's Largest Single-Location Battery Storage System in Gujarat Adani Green Energy Limited (AGEL), India's leading renewable energy company, has commissioned a cumulative 3.37 Gigawatt-hour (GWh) Battery Energy Storage System (BESS) at Khavda, Gujarat. This deployment marks the world's largest single-location battery storage capacity outside of China and stands out as one of the fastest utility-scale deployments globally.The commissioning significantly strengthens grid reliability and peak-hour supply by enabling clean, dependable, round-the-clock power delivery from renewable sources.The total operational BESS capacity reaches 3.37 GWh, which incorporates the 1.37 GWh capacity added in March 2026...
Adani Green Energy Operationalizes Projects, Boosts Capacity with 1,990 MWh BESS and 50 MW Solar
Adani Green Energy Operationalizes Projects, Boosts Capacity with 1,990 MWh BESS and 50 MW Solar Adani Green Energy Limited (AGEL) has announced the commercial operationalization of significant renewable energy projects at Khavda, Gujarat. The move expands the company's operational capacity, achieving a total operational renewable generation capacity of 19,785.8 MW and augmenting its operational Battery Energy Storage System (BESS) capacity.Through its various stepdown subsidiaries, AGEL has brought two major sets of projects into commercial operation: an aggregate 1,990 MWh Battery Energy Storage System (BESS) and a 50 MW solar energy project, both located in Khavda, Gujarat.The commissioning of these new assets enhances the...
AXISCADES Technologies and Subsidiaries to Divest Engineering Services Unit to Akkodis Group
AXISCADES Technologies and Subsidiaries to Divest Engineering Services Unit to Akkodis Group AXISCADES Technologies Limited announced that its Board of Directors approved the transfer of its Engineering Services business, focusing on the Heavy Engineering, Automotive, and Energy Industries, to Akkodis group companies. The transaction involves AXISCADES Technologies Limited and its subsidiaries selling their respective units to Akkodis India Private Limited, Akkodis UK Limited, and Akkodis Inc.The Board of Directors, in its meeting held on May 26, 2026, approved a multi-pronged sale of the business. These arrangements include:The sale by AXISCADES Technologies Limited to Akkodis India Private Limited, structured as a slump-sale...
ACME Solar Signs 300 MW PPA with SECI for Assured Peak Power Project
ACME Solar Signs 300 MW PPA with SECI for Assured Peak Power Project ACME Solar Holdings Limited, through its wholly owned subsidiary ACME Renewtech Sixth Private Limited, has executed a 25-year Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for 300 MW of assured peak power capacity. The agreement is for a Firm and Dispatchable Renewable Energy (FDRE) Tranche VII - Assured Peak Power Project and is connected to the ISTS substations.Under the terms of the PPA, ACME Solar will supply assured peak power for 4 hours only during non-solar hours, maintaining a minimum annual availability requirement of 85%. This project utilized ACME Solar's existing night-time connectivity at high irradiation zones...
Viviana Power Tech Crosses ₹500 Crore Revenue Milestone in FY26, Reports Strong Growth
Viviana Power Tech Crosses ₹500 Crore Revenue Milestone in FY26, Reports Strong Growth Viviana Power Tech Limited (NSE: VIVIANA), a leading power infrastructure and EPC solutions provider, has announced its audited financial results for the year ended March 31, 2026. The results confirm the company’s rapid growth trajectory, noting that it crossed the ₹500 crore revenue milestone for the first time in Fiscal Year 2026.The Board of Directors approved the results at a meeting held on May 25, 2026.Consolidated Financial Performance (FY26) The company reported robust financial performance for the fiscal year, with key figures demonstrating significant year-over-year increases. The consolidated financial data is presented below...
Man Industries Announces Audited Financial Results for the Year Ended March 31, 2026
Man Industries Announces Audited Financial Results for the Year Ended March 31, 2026 Man Industries (India) Limited released its audited financial results for the quarter and the year ended March 31, 2026. The company reported both standalone and consolidated financial statements, highlighting strong performance across its manufacturing and real estate segments.Financial Performance Highlights For the year ended March 31, 2026, the company posted a total revenue from operations of 3,56,390 lakhs in its consolidated segment report. The consolidated statement of profit and loss showed a total comprehensive income of 18,350 lakhs, representing a notable increase compared to the 15,821 lakhs reported in the previous year.The...
Radhagobind Commercial Ltd. Holds Meeting to Consider Audited Financial Results for FY2025
Radhagobind Commercial Ltd. Holds Meeting to Consider Audited Financial Results for FY2025 The company, Radhagobind Commercial Ltd., is set to convene a meeting to consider and seek approval for its audited financial results. The meeting is scheduled to address the audited financial results for the quarter and the full financial year ended March 31, 2025, along with the associated Audit Report.The meeting is scheduled for Saturday, May 30, 2026, at 5:00 P.M. The event will take place at the office of the Resolution Professional, located at Baithussalam, Balankinar, Kattampally Road, Near Indus Motors Maruthi Service Centre, Kannur - 670011, Kerala.The meeting will be presided over by the Resolution Professional, Mr. Najeeb T P, who...
JSW Energy Completes ₹4,000 Crore Equity Raise via QIP, Strengthening Capital Base
JSW Energy Completes ₹4,000 Crore Equity Raise via QIP, Strengthening Capital Base JSW Energy Ltd has successfully completed a Qualified Institutional Placement (QIP) of equity shares, amounting to ₹4,000 Crore. This capital raise, the second since the company listed in 2010, underscores deep institutional confidence in the Indian power sector and supports the company's strategic growth ambitions.The recent QIP attracted participation from prominent global asset managers and domestic funds, including SBI Mutual Fund and GQG. Proceeds from this raise, combined with liquidity from a recent preferential allotment and the monetization of JSW Steel shares (gross proceeds of ₹3,150 Crore), are being utilized to strengthen the company's...
Pace Digitek Limited Announces Audited Financial Results and Board Approvals for Q/FY Ending March 31, 2026
Pace Digitek Limited Announces Audited Financial Results and Board Approvals for Q/FY Ending March 31, 2026 Pace Digitek Limited held its Board of Directors meeting on May 25, 2026. The meeting resulted in the approval of the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the Board approved the appointment of Mr. Pramod S, Practicing Company Secretary, as the Secretarial Auditor for a period of five years, covering the Financial Year 2026-27 through 2030-31.Financial Performance Overview The audited financial results reflect significant revenue growth for the Group. The total income for the year ended March 31, 2026, reached ₹23,093.19 million in standalone...
Krsnaa Diagnostics Reports Strong Financial Results for FY26, Highlights Growth in Retail Vertical
Krsnaa Diagnostics Reports Strong Financial Results for FY26, Highlights Growth in Retail Vertical Krsnaa Diagnostics Limited announced its audited financial results for the quarter and year ended March 31, 2026. Management highlighted robust financial performance and emphasized the rapid growth of its retail diagnostics segment as a key structural driver for the group.On a consolidated basis, the company reported significant financial achievements for the fiscal year 2026. Yash Mutha, Managing Director, stated that the results reflect the strength of the operating model and early dividends from strategic investments.The key financial metrics reported for the year are as follows:MetricFY2026 ValueComparison/Details...
Madhusudan Masala Limited Announces Financial Results for FY 2026
Madhusudan Masala Limited Announces Financial Results for FY 2026 Madhusudan Masala Limited announced its audited standalone and consolidated financial results for the quarter, half year, and year ended March 31, 2026. The company's Board of Directors approved these results during a board meeting held on May 25, 2026.The results cover the financial year 2026, alongside comparable figures for the year ended March 31, 2025. The company also noted that the Board considered and approved the payment of a penalty imposed by the National Stock Exchange (NSE).Financial Highlights (Consolidated) The consolidated results for the fiscal year 2026 show a total revenue of Rs. 29,171.46 Lakhs for the full year, compared to Rs. 23,092.48 Lakhs for...
Federal-Mogul Goetze Announces Audited Standalone and Consolidated Financial Results for FY 2026
Federal-Mogul Goetze Announces Audited Standalone and Consolidated Financial Results for FY 2026 Federal-Mogul Goetze (India) Limited announced the release of its audited standalone and consolidated financial results for the year ended March 31, 2026, on May 25, 2026. Following the Board Meeting held on the same day, the company also issued notice for its 71st Annual General Meeting, scheduled for Tuesday, August 25, 2026.The company's statutory auditors have confirmed that both the standalone and consolidated financial results for the quarter and year ended March 31, 2026, were subject to an unmodified audit and review opinion.Financial Performance Highlights The audited financial results show the Group's financial standing and...
Pace Digitek Reports Strong FY26 Performance Driven by Expansion in Energy and Telecom Infrastructure
Pace Digitek Reports Strong FY26 Performance Driven by Expansion in Energy and Telecom Infrastructure Bengaluru, May 26, 2026: Pace Digitek Limited, an integrated telecom and energy infrastructure solutions company, announced its audited financial results for the quarter and full year ended March 31, 2026. The company highlighted significant growth in its execution capabilities across the Energy and Telecom & ICT businesses.During Fiscal Year 2026 (FY26), Pace Digitek focused on expanding its operations, driven by growth in Battery Energy Storage Systems (BESS), telecom infrastructure deployment, and manufacturing integration, while also strengthening lifecycle service operations.Financial Performance Analysis Pace Digitek reported...
RBI Cracks Down on Co-op Bank Governance: Mandatory Cooling-Off Period Confirmed for Directors
RBI Cracks Down on Co-op Bank Governance: Mandatory Cooling-Off Period Confirmed for Directors The Reserve Bank of India (RBI) has finalized and issued critical amendments governing the directorships of Co-operative Banks. This significant regulatory update introduces a mandatory 'cooling-off period' for directors who serve extended tenures in Urban and Rural Co-operative Banks (UCBs and RCBs).The move aims to strengthen the governance framework of the entire co-operative banking sector. It ensures that the statutory provisions outlined in Section 10A(2A)(i) read with Section 56 of the Banking Regulation Act, 1949, are implemented strictly and rigorously.Implementing Mandatory Tenure Cooling-Off Periods The core of the amendment...
Star Paper Mills Limited Approves FY2026 Financial Results and Recommends Final Dividend
Star Paper Mills Limited Approves FY2026 Financial Results and Recommends Final Dividend Star Paper Mills Limited announced key corporate approvals following its Board of Directors meeting held on May 25, 2026. The Board approved the audited financial results for the quarter and financial year ended March 31, 2026. Additionally, the company recommended a final dividend for the financial year 2025-26 and finalized the appointments for the internal and cost auditors for the subsequent financial year.The Board meeting commenced at 6:45 PM and concluded at 7:35 PM on May 25, 2026. The meeting considered and approved the company’s performance and governance structure.Financial Results and Dividend Recommendation The Board approved the...
Sigma Advanced Systems Announces FY26 Audited Financial Results and Key Leadership Changes
Sigma Advanced Systems Announces FY26 Audited Financial Results and Key Leadership Changes Sigma Advanced Systems Limited announced the outcome of its Board of Directors meeting held on May 25, 2026. During the meeting, the Board approved the audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026.Governance and Leadership Updates The Board took several key resolutions regarding corporate office roles and directorships.The Board approved the re-appointment of Mr. Sivalenka Kalyan Vijay, a Non-Executive Independent Director, for a second term of five consecutive years, effective June 28, 2026. Mr. Sivalenka Kalyan Vijay, CFA, is the Founder & MD of Springforth and has prior corporate...
Nesco Limited Approves FY 2026 Financial Results, Recommends ₹ 7 Dividend, and Updates Board Structure
Nesco Limited Approves FY 2026 Financial Results, Recommends ₹ 7 Dividend, and Updates Board Structure Nesco Limited announced key corporate decisions following its Board of Directors meeting held on May 25, 2026. The Board approved the Audited (Standalone and Consolidated) Financial Results for the Quarter and Year ended March 31, 2026, and recommended a final dividend for the financial year. The company also approved convening its 67th Annual General Meeting (AGM) on July 27, 2026.Financial Highlights and Dividend Recommendation The Board recommended a Final Dividend of ₹ 7/- per equity share, which has a face value of ₹ 2/each, for the financial year ended March 31, 2026. This dividend is subject to approval by the shareholders at...
TVS Supply Chain Solutions Announces Management Changes, Releases Audited Results for FY26
TVS Supply Chain Solutions Announces Management Changes, Releases Audited Results for FY26 TVS Supply Chain Solutions Limited announced key updates regarding its management and released its audited financial results for the quarter and financial year ending March 31, 2026. The Company's Board of Directors approved the results alongside the Statutory Auditors' Report issued by M/s. S.R. Batliboi & Associates LLP on May 25, 2026.In a significant governance move, the Board approved the appointment of Mr. Vikas Chadha, the Company's Global Chief Executive Officer, as an Additional Director and Managing Director. This appointment is effective from July 1, 2026, for a period of five years, pending shareholder approval.Simultaneously, the...
Stove Kraft Limited Approves Wholly-Owned Subsidiary and Joint Venture in China
Stove Kraft Limited Approves Wholly-Owned Subsidiary and Joint Venture in China Stove Kraft Limited, during a Board meeting held on May 25, 2026, gave in-principle approval for two major international expansions: the incorporation of a wholly-owned subsidiary (WOS) in China and entering into a joint venture agreement with a Chinese company.The approval details the company's planned expansion into the People's Republic of China, covering both the establishment of a fully controlled subsidiary and a strategic partnership aimed at manufacturing and trading specialized goods.Wholly-Owned Subsidiary Incorporation The company approved the incorporation of the WOS, tentatively named Stove Kraft Guangzhou Import Export Limited, or any other...
TruCap Finance Releases Audited Financial Results for Year Ended March 31, 2026
TruCap Finance Releases Audited Financial Results for Year Ended March 31, 2026 TruCap Finance Limited today announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported significant figures across its key financial metrics, while auditors also highlighted material uncertainties regarding the company's going concern status.The Board of Directors approved the audited financial results at a meeting held on May 25, 2026.Financial Highlights (As of March 31, 2026) The financial results demonstrate the company's financial position and performance across the reporting periods. Key figures for the Consolidated Financial Statements are presented below (Amounts are in...
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