Markets

Thomas Cook Receives Tax Order from Chennai Authority; Company Plans Appeal Thomas Cook (India) Limited confirmed receiving an order from the Commercial tax Officer, Group-IX, Intelligence-I, Chennai, Tamil Nadu. The order, received on May 25, 2026, concerns a demand related to "ITC wrongly adjusted against the tax liability for the 5% Turnover" tax.The tax authority has issued a demand on the company for tax amounting to INR 33,30,988/-. The order also levies interest of INR 18,57,870/- and a penalty of INR 3,33,098/-. The penalty was imposed under Section 73 of the CGST Act 2017, while the interest was levied under Section 50 of the CGST Act 2017.The tax authority’s action stems from the allegation that the company wrongly...

Poly Medicure Approves Audited Financial Results and Recommends Dividend for FY 2025-26 Poly Medicure Limited announced that its Board of Directors, during a meeting held on May 25, 2026, approved the company's audited financial results. The Board also recommended a dividend of Rs. 3.5 per Equity Share for the Financial Year 2025-26, subject to shareholder approval.The meeting covered the approval of audited financial results (Consolidated and Standalone) for the Fourth quarter and the entire financial year ended March 31, 2026.Auditor Appointments The Board also approved the re-appointment of auditors for the Financial Year 2026-27. PricewaterhouseCoopers Services LLP was re-appointed as an Internal Auditor, and M/s Oswal Sunil &...

Sudarshan Chemical Industries Approves FY26 Audited Results, Recommends 250% Dividend Sudarshan Chemical Industries Limited announced the approval of its Audited Financial Results, both standalone and consolidated, for the quarter and financial year ended March 31, 2026. The Board of Directors also recommended a final dividend and approved the appointment of auditors for the fiscal year 2026-27.Financial Performance Highlights The Company reported significant consolidated financial figures for the year ended March 31, 2026. Total income reached 9,866.4 crore, up from 3,379.0 crore in the previous fiscal year. Total expenses for the year stood at 3,179.0 crore.The financial results are presented below for reference:Statement of...

Suryalakshmi Cotton Mills Approves Financial Results, Redemptions, and Director Changes Suryalakshmi Cotton Mills Limited announced key outcomes from its Board of Directors meeting held on May 25, 2026. The board reviewed the company's financial results for the fourth quarter and the full financial year ending March 31, 2026.The board approved the audited financial results for the fourth quarter and the financial year ended March 31, 2026, following review by the Audit Committee. Furthermore, the company confirmed that the Statutory Auditors issued an Audit Report with an unmodified opinion on the audited financial statements for the year ended March 31, 2026.Dividend and Share Capital Actions At the board meeting, the company's...

Dhunseri Tea & Industries Approves Financial Results for FY 2026; Recommends 20% Dividend Dhunseri Tea & Industries Limited announced key outcomes from its Board meeting held on May 25, 2026. During the meeting, the Board of Directors approved the audited Annual Accounts and the standalone and consolidated financial results of the company for the quarter and the full year ended March 31, 2026.The company also announced that the 29th Annual General Meeting (AGM) is scheduled to be held on Wednesday, August 19, 2026, via Video Conference/Other Audio Visual Means.Financial Performance and Audit Findings The audited financial results for the year ended March 31, 2026, were reviewed and approved by the Audit Committee and the Board of...

Fabtech Technologies Board Approves Key Director and Management Appointments Fabtech Technologies Limited, the company, announced several key approvals from its Board of Directors during the meeting held on May 25, 2026. The board considered and approved changes in its board composition and senior management personnel, alongside drafting a notice for a shareholder postal ballot.The board approved the appointment of Ms. Bharti Khanna as an Additional Director (Non-Executive & Independent) of the Company, effective immediately. This appointment will serve a term of five consecutive years and is subject to subsequent shareholder approval.Ms. Bharti Khanna brings over 30 years of extensive experience in the pharmaceutical industry. Her...

Madhya Pradesh Today Media Limited Announces Half-Yearly Financial Results for March 31, 2026 Madhya Pradesh Today Media Limited released its financial results for the half-year ended March 31, 2026, alongside the corresponding Statement of Assets and Liabilities and Cash Flow Statement. The company, which operates in the print media publication and related media activities, presented its performance data, confirming an unmodified opinion on its financial results.The company's Standalone Audited Financial Results show the following performance metrics for the half-year ended March 31, 2026, compared to the previous year.Particulars31-03-2026 (Audited) (Rs. in Lacs)31-03-2025 (Audited) (Rs. in Lacs)Revenue from...

Emerald Tyre Manufacturers Approves FY26 Results and Recommends Dividend of Re. 1.00 Per Share Emerald Tyre Manufacturers Limited, formerly Emerald Resilient Tyre Manufacturers Private Limited, announced several outcomes following its Board Meeting held on May 25, 2026. The Board considered and approved the Company's Standalone and Consolidated Audited Financial Results for the half year and year ended March 31, 2026.The Board also recommended a final Dividend of Re. 1.00 per equity share. This dividend payment relates to the financial year 2025-2026 and is subject to approval by the shareholders at the ensuing Annual General Meeting.The Company's statutory auditors, M/s. Rajani & Co., issued an unmodified opinion on both the...

MOS Utility Limited Announces Audited Financial Results for the Year Ended March 31, 2026 Mos Utility Limited today confirmed the approval of its audited standalone and consolidated financial results, along with the associated audit reports, for the quarter and year ended March 31, 2026. The Board of Directors approved the financials during a meeting held on May 25, 2026.The financial statements are presented in compliance with Indian Accounting Standards (Ind AS) and detail the company's financial performance and position for the fiscal year ending March 31, 2026.Standalone Financial Results (Year Ended March 31, 2026) Mos Utility Limited reported key figures for the standalone financials for the year ended March 31, 2026...

SEBI to Revolutionize Options Trading: New Framework Aims to Prevent Gaps During Volatility The Securities and Exchange Board of India (SEBI) has released a critical consultation paper outlining a comprehensive framework to stabilize and streamline the handling of options strike prices across the derivatives segment. The move aims to drastically improve market accessibility and ease of doing business, particularly when the market experiences high intraday volatility.This proposal seeks to ensure that market participants always have readily available options contracts, even if prices move dramatically during trading hours. The objective is to tackle the operational bottlenecks that currently arise when strike price availability falls...

Premium Plast Limited to Hold Board Meeting to Consider FY26 Financial Results Premium Plast Limited announced that its Board of Directors will convene a meeting on Saturday, May 30, 2026. The meeting is scheduled for 04:00 P.M.The primary agenda item for the board meeting is to consider and approve the Audited Standalone Financial Results of the Company for the Quarter and Year Ended March 31, 2026.In addition to the financial review, the company provided an update regarding the trading window for its securities. The trading window has been closed, effective from April 1, 2026, and remains closed until 48 hours following the declaration of the Audited Standalone Financial Results for the Quarter and Year ended March 31, 2026...

MUFG Intime India Confirms Dematerialization of Securities for One Point One Solutions Limited MUFG Intime India Private Limited, the Registrar and Transfer Agent for One Point One Solutions Limited, issued a confirmation certificate on April 6, 2026, detailing the processing of securities for the quarter ended March 31, 2026.The confirmation addressed the dematerialization of securities received from depository participants for the specified quarter. MUFG Intime India confirmed that all securities received were accepted or rejected by the company and that the shares comprised in the related certificates were listed on the stock exchanges where the originally issued securities are listed.The registrar further reported that the...

Prajay Engineers Syndicate Limited Announces Audited Financial Results for Fiscal Year 2026 Prajay Engineers Syndicate Limited announced the approval of its audited financial results for the quarter and full financial year ended March 31, 2026. The Board of Directors reviewed and accepted the Standalone and Consolidated Financial Results, Balance Sheet, and Profit & Loss Account.The annual financial results included data for the quarter ended March 31, 2026, with fourth quarter figures representing the balancing figures between the audited full financial year figures and the previously published un-audited year-to-date figures.Financial Performance Overview The audited financial statements provide a clear comparison of the company's...

Nidan Laboratories and Healthcare Approves FY 2026 Results, Reappoints Key Directors and Auditors Nidan Laboratories and Healthcare Limited announced the outcome of its Board of Directors meeting held on May 25, 2026. During the meeting, the Board approved the Audited Financial Results for the financial year ending March 31, 2026, alongside key corporate governance decisions, including the re-appointment of independent directors and statutory auditors.Financial Highlights for FY 2026 The Company released its detailed financial results for the year ended March 31, 2026, showing significant operational figures.The statement of assets and liabilities revealed the following comparative figures (amounts in Rs lakhs):ParticularsAs at...

KSH International Achieves Strong Operating Performance in Q4 and FY2026, Boosted by Export and Volume Growth KSH International Limited, a leading manufacturer and exporter of specialized magnet winding wires, announced its financial results for the fourth quarter (Q4) and the full fiscal year (FY) ending March 31, 2026. The company reported a strong operating performance, attributing growth to increased volume and expanding export markets.Rajesh K. Hegde, Managing Director of KSH International, commented that the company enters FY2027 with good momentum, which was driven by strong execution across strategic and operational areas in Q4 and FY26. He noted that the key strategic pillars supporting this momentum include planned capacity...

Jay Jalaram Technologies Acquires Remaining Stake in Techgrind Solutions, Becomes Wholly Owned Subsidiary Jay Jalaram Technologies Limited announced the execution of a Share Purchase Agreement (SPA) on Monday, May 25, 2026. The agreement facilitated the acquisition of the remaining 4,900 equity shares, constituting 49% of the total paid-up equity share capital of Techgrind Solutions Private Limited, a subsidiary of the Company. With this acquisition, Techgrind Solutions Private Limited has become a Wholly Owned Subsidiary of Jay Jalaram Technologies Limited.The total purchase consideration for the acquisition of the remaining 49% stake was Rs. 0.49 Lakh, which has been paid in full through banking channels.Transaction Details The...

IFB Industries Releases Financial Results for FY26; Standalone and Consolidated Reports Highlight Key Performance Metrics IFB Industries Limited today announced the adoption of its audited standalone and consolidated financial results for the quarter and the full year ended March 31, 2026. The results, which include segment reporting details, have been reviewed by the company’s Board of Directors and were audited by Price Waterhouse & Co Chartered Accountants LLP, which issued an unmodified opinion on the financial statements.The company’s operations are primarily focused on home appliances, engineering (fine blanked components and stamping), motor, and steel segments.Financial Performance Summary Standalone Results The standalone...

Gandhi Special Tubes Limited Approves FY Results, Recommends Dividend, and Plans Share Buyback Gandhi Special Tubes Limited announced key corporate actions following its Board of Directors meeting held on May 25, 2026. The Board approved the Audited Financial Results for the fourth quarter and the entire financial year ended March 31, 2026. In addition to approving the results, the board recommended a dividend payout and outlined a significant buyback plan for the company’s equity shares.Financial Results and Corporate Actions The Board of Directors approved the audited financial results for the quarter and the year ended March 31, 2026.Dividend Recommendation and Buyback PlanFor the financial year ended March 31, 2026, the Board...

Rajputana Biodiesel Records Landmark Financial Year, Boosting Profitability and Renewable Energy Ambitions Rajputana Biodiesel Limited, a prominent player in India's biodiesel sector, announced its audited consolidated financial results for the half year and financial year ended March 31, 2026. The company reported its strongest annual performance to date, driven by significant growth in total income and profit after tax (PAT).The reported financial results indicate a robust operational cycle, with the total income increasing by 79.41% to ₹ 123.09 Crore, and the Profit After Tax (PAT) growing by 77.69% to ₹ 10.52 Crore compared to the previous financial year.The company's performance was marked by strong operational momentum in the...

Century Extrusions Limited Approves Audited Results for FY 2026; Directors and Auditors Re-appointed Century Extrusions Limited announced the outcome of its Board Meeting held on May 25, 2026, detailing the company's audited financial results for the quarter and the full financial year ended March 31, 2026. The Board approved the standalone audited financial results, the corresponding Statement of Assets and Liabilities, and the Cash Flow Statement. The company also confirmed that the Statutory Auditors issued an opinion with no modifications regarding the financial results.Financial Performance Highlights The company released comprehensive financial data for the period. According to the audited financial statements, Century...