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Eveready Industries Faces IGST Penalty After Uttarakhand Tax Order Over E-Way Bill Error Eveready Industries India Limited is facing a penalty following an order issued by the State Tax Officer, State Goods & Services Tax, Haridwar, Uttarakhand. The order, dated May 24, 2026, imposes a penalty of IGST of Rs. 12,66,202/-.The demand order, referenced as DRC-07 Ref. No. ZD050526011223Y, was issued for the financial year 2026-27. According to the details provided, the penalty stems from a truck seizure that occurred due to a minor typographical error in the E-Way Bill.The company received the direction or order on May 25, 2026, at 10:30 a.m. via the GSTN portal.Key details regarding the tax order are summarized below...

GVP Infotech Approves FY26 Results, Recommends Final Dividend of Rs 0.20 per Share GVP Infotech Limited, formerly known as Fourth Dimension Solutions Ltd, announced the approval of its Standalone Audited financial results, Statement of Assets and Liabilities, and Cash Flow Statement for the quarter and financial year ending March 31, 2026. During the Board meeting held on May 25, 2026, the company also recommended a final dividend of Rs 0.20 per equity share.The audited financial results for the fiscal year ending March 31, 2026, were reviewed and approved by the Board of Directors. The company operates in the IT goods and services and payment Aggregation Business sectors.Financial Performance Summary (Year Ended March 31, 2026)...

Pritika Auto Industries Reports Strong Growth with FY26 Results Pritika Auto Industries Limited, a leading manufacturer of tractor components in India, announced its audited financial results for the fourth quarter and full year ended March 31, 2026. The financial performance reflects substantial year-over-year increases across production volumes and revenue, supported by improved operational efficiency.Quarterly and Annual Financial Overview The company reported robust growth across its key metrics for Q4 FY26 and the full fiscal year FY26, as per IND AS accounting guidelines.The following table summarizes the consolidated key financials in Rupees Crore (Rs. Cr.):ParticularsQ4 FY26Q4 FY25YoY % ChangeFY26FY25YoY % Change...

HMA Agro Industries Approves Audited Financial Results and Appoints Internal Auditor for FY 2026-27 HMA Agro Industries Limited announced the outcome of its Board of Directors meeting held on May 25, 2026. During the meeting, the company approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. The company also formalized the appointment of a new Internal Auditor for the subsequent financial year.Governance and Compliance UpdatesThe Board of Directors approved the appointment of M/s S.N. Gupta & Co., Chartered Accountants, as the Internal Auditor of the Company for the Financial Year 2026-27.The company’s Statutory Auditors issued an unmodified opinion on the...

Divgi TorqTransfer Systems Announces Unmodified Audit Opinion for March 31, 2026 Results Divgi TorqTransfer Systems Limited announced that its Statutory Auditors issued an Auditor's Report on the Audited Financial Results for the quarter and year ended March 31, 2026. The company confirmed that the auditors provided an unmodified opinion on the results.The declaration stated that due to the unmodified opinion issued by the Statutory Auditors, the company is not required to submit a Statement of impact of Audit qualification. This update provides stakeholders with the confirmation regarding the audit findings for the specified financial period.DIVGIITTS Stock Price Movement Today, Divgi Torqtransfer Systems Limited shares rallied to...

Glottis Limited Announces Audited Financial Results and Key Corporate Appointments for FY 2026 Glottis Limited released its audited financial results for the quarter and financial year ended March 31, 2026, on May 25, 2026. The company also announced changes in its audit and internal audit committees and updated its list of Senior Management Personnel (SMP).Financial Performance Highlights The Company released audited standalone and consolidated financial results, including the balance sheets and cash flow statements for the period ending March 31, 2026.The financial data for the Standalone Statement of Financial Results and the Consolidated Statement of Financial Results are presented below:Particulars (in ₹ Lakhs)Quarter Ended...

SEBI Approves Appointments of Amit Mahajan and Nayana Ovalekar to CDSL Governing Board Central Depository Services (India) Limited (CDSL) announced that the Securities and Exchange Board of India (SEBI) has accorded its approval for the appointment of two new Executive Directors to the company's Governing Board.SEBI received the approvals on May 25, 2026. The appointments are for Shri Amit Mahajan and Smt. Nayana Ovalekar, who will take charge of specific verticals within the organization.Shri Amit Mahajan (DIN: 06984769) has been appointed as the Executive Director for Vertical 1, which handles Critical Operations. Smt. Nayana Ovalekar (DIN: 02195513) is designated as the Executive Director for Vertical 2, overseeing Regulatory...

Voltas Limited Announces 72nd Annual General Meeting Details and Recommended Dividend for 2025-26 Voltas Limited has announced key details regarding its 72nd Annual General Meeting (AGM). The meeting is scheduled for Tuesday, June 30, 2026, at 3:00 p.m. IST, which will be conducted through Video Conferencing or other Audio Visual Means.The company has also fixed Friday, June 12, 2026, as the Record Date. This date is crucial for determining the members who are eligible to receive the dividend for the financial year 2025-26.Dividend RecommendationFor the financial year 2025-26, the Board of Directors has recommended a dividend. This recommendation, which is subject to the approval of the shareholders at the 72nd AGM, is detailed as...

TruCap Finance Announces FY26 Financial Results Amid Stress and Restructuring Plans TruCap Finance Limited released its audited financial results for the quarter and full year ended March 31, 2026, on May 25, 2026. The results detail the company's performance, which highlighted significant financial stress and covenant breaches, prompting management to initiate a comprehensive restructuring plan with existing lenders.Financial Performance Overview (FY 2026 vs FY 2025) The audited financial statements for the year ended March 31, 2026, show the company reporting a net loss of (5,925.00) lakhs, compared to a net loss of (1,191.12) lakhs in the previous year.The consolidated financial data for the year demonstrates the following...

Indo Rama Synthetics Announces Audited Financial Results for Q4 and FY26 Indo Rama Synthetics (India) Limited announced the approved audited financial results for the fourth quarter and the full fiscal year ending March 31, 2026, following a meeting of its Board of Directors.The Board meeting also addressed key corporate governance matters, including the appointment and re-appointment of statutory auditors and cost auditors for the financial year 2026-27.Financial Performance Highlights (FY26) The company's consolidated financials showed substantial growth in key revenue and profitability metrics.ParticularsQ4/FY26 (₹ in Crore)FY26 (₹ in Crore)FY25 (₹ in Crore)Total Income1,206.934,929.014,287.96EBITDA122.89368.25207.99...

Insolation Energy Board Approves Continuation of Anil Kumar Gupta as Non-Executive Independent Director Insolation Energy Limited announced that its Board of Directors approved the continuation of the directorship of Mr. Anil Kumar Gupta as a Non-Executive Independent Director. The decision was taken during the board meeting held on Monday, May 25, 2026.The approval, which followed a recommendation from the Company's Nomination and Remuneration Committee, specifies the tenure of Mr. Gupta’s continued role.According to the company, Mr. Gupta's tenure is slated to commence on July 10, 2026, the date he attains the age of 75 years. His term is scheduled to continue until the expiry of his current tenure on February 9, 2029.The...

Greenlam Industries Sets Record Date for Final Dividend Payment Greenlam Industries Limited announced the details for the payment of its final dividend for the financial year ended March 31, 2026. The company confirmed that the Board of Directors had recommended a final dividend of Re. 0.40/- per equity share, which has a face value of Re. 1 /- each.The company has fixed Friday, July 03, 2026, as the record date for determining the eligible members for the dividend. This payment is scheduled for the financial year 2025-26, pending approval by the members at the ensuing Annual General Meeting (AGM).The Annual General Meeting of the Company is scheduled to take place on Wednesday, July 29, 2026. Following the approval of the dividend...

Shah Metacorp Seals Strategic MoU with Strike Eco Grid for Renewable Energy Expansion Shah Metacorp Limited (SML) has entered into a Memorandum of Understanding (MoU) with Strike Eco Grid Private Limited, establishing a framework for strategic association, investment, and business collaboration focused on the renewable energy and infrastructure sector. The agreement was formalized on May 25, 2026.The partnership aims to jointly develop renewable energy and infrastructure projects and facilitate business expansion through strategic collaboration in the ESG and sustainability sectors, alongside exploring both domestic and international renewable energy opportunities.Key Investment and Partnership Details As part of the agreement, Shah...

Harrisons Malayalam Approves FY 2026 Financials; Identifies Funding Misappropriation in Estates Harrisons Malayalam Limited announced the approval of its audited financial results and statements for the quarter and year ended March 31, 2026, following a Board meeting held on May 25, 2026. The company also approved a forensic audit report submitted by M/s. Suri & Co.The Group's core business revolves around the production of natural rubber and tea, with operations conducted across plantation estates and factories in Kerala and Tamil Nadu.Financial Performance Summary The audited financial results provide a comparison of the company's performance across the fiscal years.According to the audited standalone financial statements for...

Sanwaria Consumer Limited Board Approves Audited Financial Results for FY2026 Sanwaria Consumer Limited reported key corporate updates regarding the approval of its audited financial results and auditor report. The Board of Directors, which is suspended under the Corporate Insolvency Resolution Process (CIRP), convened a meeting on May 25, 2026, and approved significant financial filings pertaining to the fiscal year ending March 31, 2026.The board meeting commenced at 06:06 p.m. and concluded at 6:28 p.m. During the session, the following actions were formally approved by the board:The standalone and consolidated Indas Audited Financial Results for the quarter and the full year ended on March 31, 2026. The Auditor Report issued by...

Laxmi Goldorna House Limited Receives Building Use Certificate for Narol Project Laxmi Goldorna House Limited has successfully completed its project and received the Building Use Certificate (B.U. Permission) from the Ahmedabad Municipal Corporation. This approval pertains to the development named Laxmi Eternia, confirming the compliance and usability of the commercial and residential complex.The project, located in Narol, Ahmedabad, features a total approved built-up area of approximately 915,160 square feet. The complex comprises a mix of residential flats and commercial shops.Key details of the project and the permissions received are as follows:ParticularsDetailsType of PermissionBuilding Use CertificateName of...

Arvind Fashions Limited Appoints Lakshmi Krishnan as Chief Human Resources Officer Bengaluru, May 25, 2026: Arvind Fashions Limited (AFL), a leading casual and denim wear company in India, announced the appointment of Ms. Lakshmi Krishnan as its Chief Human Resources Officer (CHRO).Lakshmi Krishnan brings extensive global experience of over 25 years in human resources to the role. Her career has provided a strong track record of leading organizational transformation, building high-performing teams, and driving strategic business outcomes across multiple geographies. Her leadership roles have spanned India, Southeast Asia, and the United Kingdom, covering the consumer goods, financial services, and technology sectors.Most recently...

AVG Logistics Initiates Rights Issue Process, Dispatches Offer Letters to Eligible Shareholders AVG Logistics Limited announced the completion of the dispatch of key documents related to its proposed Rights Issue of fully paid-up Equity Shares. The company distributed the Letter of Offer, Application Form, and Rights Entitlement (RE) Letter to eligible equity shareholders on May 25, 2026.The development follows earlier announcements regarding the company’s preparations for the rights offering. AVG Logistics had previously reported the approval of the Letter of Offer by the Rights Issue Committee and confirmed the receipt of in-principle approval from both BSE Limited and the National Stock Exchange of India Limited (NSE) on May 12...

Minda Corporation Announces Strong FY26 Results with Revenue Growth and Dividend Recommendation Minda Corporation Limited, the flagship company of Spark Minda, announced its financial results for the quarter and full year ended March 31, 2026. The company reported its highest ever consolidated revenue and operating profit for the fiscal year.Financial Highlights for FY26 For the quarter ended March 31, 2026 (Q4FY26), Minda Corporation's consolidated operating revenue reached Rs. 1,704 Crore, marking a 29.0% year-over-year (YoY) increase. EBITDA for the quarter was Rs. 203 Crore, reflecting an EBITDA margin of 11.9%. The Profit After Tax (PAT) for Q4FY26 stood at Rs. 124 Crore, with a PAT margin of 7.3%.The full year ended March 31...

Raymond Limited Approves Issuance of Warrants, Raising Up to Rs. 330.88 Crore Raymond Limited announced that its Board of Directors, at a meeting held on May 25, 2026, approved a plan to raise funds through the issuance of warrants. The capital infusion will be executed via a preferential issue on a private placement basis.The company has approved raising funds by issuing up to 66,57,373 warrants to JK Investors (Bombay) Limited, which is noted as a member of the Promoter Group.The details of the issuance structure are as follows:ParameterDetailTotal Warrants IssuedUp to 66,57,373Issue Price per WarrantRs. 497Premium per WarrantRs. 487Aggregate ConsiderationUp to Rs. 330.88 CroreAllotteeJK Investors (Bombay)...