Markets

HCLTech and Pegasystems Enhance Collaboration to Accelerate AI-Powered Enterprise Modernization NEW YORK and NOIDA, India, May 25, 2026HCLTech, a leading global technology company, announced an expanded collaboration with Pegasystems Inc. (NASDAQ: PEGA), The Enterprise Transformation Company™. This partnership aims to accelerate enterprise modernization by combining HCLTech AI Force and Pega Blueprint™. The combined offering empowers enterprises to rapidly transform legacy systems into agile, cloud native, and AI-powered Pega applications, unlocking new levels of business agility, operational efficiency, and innovation.The collaboration addresses the common challenge faced by enterprises globally: the high costs, risks, and...

Vinyas Innovative Technologies Enters Strategic Joint Venture with Israel Defence Technology Firm Vinyas Innovative Technologies Limited has executed definitive agreements, including a Joint Venture and Shareholders' Agreement, with an Israel-based defence technology company. This strategic move aims to capitalize on significant business opportunities within India's defence and aerospace sector.The collaboration is designed to align with the Company's long-term strategic growth initiatives, and the arrangement is expected to bolster both the Company's operational capabilities and its overall business presence in the sector.The joint venture is focused on developing expertise across key areas of the defence and aerospace supply...

Puja Entertainment Files Suit Against Tips Music Over Intellectual Property Rights Tips Music Limited (formerly known as Tips Industries Limited) has been involved in a legal dispute concerning intellectual property rights, receiving a key update regarding the proceedings involving Puja Entertainment (India) Limited.The dispute originated when Puja Entertainment (India) Limited filed a Title Suit bearing No. 137 of 2026 against Tips Music Limited before the Court in Katihar, Bihar. This initial proceeding led the Katihar Court to grant an ex parte status quo order.In a significant development, the Supreme Court issued an order on May 22, 2026. This ruling stayed the aforementioned ex parte status quo order that had been passed by...

Trident Techlabs Reports 27% Revenue Growth in FY26 Amid Strategic Investments in Semiconductor and Cyber Security New Delhi, May 25, 2026 - Trident Techlabs Limited, an engineering solutions and technology services company, announced its audited Standalone and Consolidated financial results for the half year and financial year ended March 31, 2026. The financial results reflect a broad-based growth trajectory, driven by strong demand across its core engineering, cyber security, and semiconductor design verticals.For the financial year ended March 31, 2026, the Company posted standalone revenue from operations of ₹ 97.08 crore, marking an increase of approximately 27% compared to the ₹76.57 crore reported in the previous year...

Equitas Small Finance Bank Appoints Mukund Barsagade as President-Finance Equitas Small Finance Bank Limited has announced the appointment of Mr. Mukund Barsagade as its President-Finance and Senior Management Personnel. The appointment is effective from May 25, 2026.Mr. Barsagade is a highly experienced finance and strategy professional with over three decades in the industry. His expertise spans critical areas including financial management and controllership, regulatory compliance, fundraising, investor relations, and strategic transformation.His professional background is marked by strong academic credentials, including a Chartered Accountant qualification obtained in 1994, a B. Com from Nagpur University (1990), and a Diploma...

Anondita Medicare Limited Reports Strong Financial Performance with 108% PAT Growth in FY26 Mumbai, May 25, 2026: Anondita Medicare Limited, a prominent manufacturer of condoms and sexual wellness products operating under its flagship brand 'COBRA,' has reported robust financial performance for the fiscal year (FY) 2026 and the first half of FY26 (H2 FY26).The company announced that in FY26, its Revenue from Operations, EBITDA, and Net Profit grew significantly by 78%, 100%, and 108% year over year (YoY), respectively. The strong operational momentum continued into H2 FY26, where revenue grew 83% YoY, and Net Profit surged 103% YoY, demonstrating material margin expansion.Financial Highlights Overview (Consolidated) The financial...

Advani Hotels Announces Audited Financial Results for March 31, 2026; Mutual Fund IDCW Details Released Advani Hotels & Resorts (India) Ltd has announced the publication of its audited financial results for the financial year ended March 31, 2026. The financial results were approved by the Board of Directors of the company during an adjourned Board Meeting held on Saturday, May 23, 2026.The announcement was made through newspaper publications in the 'Business Standard' (English) and 'Mumbai Lakshadweep' (Marati) on May 25, 2026.***Mutual Fund IDCW Declarations In a separate operational update, Baroda BNP Paribas Asset Management India Private Limited announced the rates for distribution under Income Distribution cum Capital...

Swojas Foods Completes Conversion of Warrants, Boosting Paid-Up Capital Swojas Foods Ltd, formerly known as Swojas Energy Foods Limited, announced that its Board of Directors approved the conversion of a significant number of convertible warrants into equity shares. The decision was formalized during the Board Meeting held on May 25, 2026.The transaction pertains to warrants originally allotted through a preferential allotment. The Board considered and approved the conversion of 13,21,000 warrants into 13,21,000 fully paid-up equity shares of the company, each with a face value of ₹ 10.The allotment was executed for cash, upon the receipt of the remaining exercise price. This payment was calculated at ₹ 12.375 per share warrant...

Belrise Industries Reports Key Financial Indicators for FY2026 Belrise Industries Limited released its Key Performance Indicators (KPIs) based on its Consolidated Financials for the quarter and financial year ended March 31, 2026. The detailed financials provide a comprehensive overview of the company's performance across key metrics, including revenue, profitability, and operational efficiency.The reported KPIs cover figures for the quarter ended March 31, 2026, compared to the previous year, alongside full-year comparisons for fiscal years 2024, 2025, and 2026.Key metrics reported for Belrise Industries Limited in ₹ million are detailed below:ParticularsQuarter ended 31-Mar-26Quarter ended 31-Mar-25As at and for Fiscal 2026As...

TVS Motor Company Ranked Number One Globally for Shareholder Value Creation in Durable Consumer Goods Bengaluru, May 25, 2026: TVS Motor Company, a part of TVS VENU, has received a prestigious global ranking, being named Number 1 in the 'Durable Consumer Goods' category in the annual 'Best Stocks in the World'. This ranking was published by WirtschaftsWoche, Germany's leading business weekly, based on the Boston Consulting Group (BCG) Value Creators analysis.WirtschaftsWoche, established in 1926, is a major business publication across Germany, Austria, and Switzerland, and its 'Best Stocks in the World' analysis is a highly cited ranking for listed companies in the German-speaking region.The independent study analyzed over 2,000...

Blue Jet Healthcare Approves FY26 Results, Recommends Dividend, and Plans Major Fund Raise Blue Jet Healthcare Limited announced the outcomes of its Board of Directors meeting held on May 25, 2026. At the meeting, the Board approved the audited standalone financial results for the fourth quarter and the full financial year ended March 31, 2026.The company also recommended a final dividend and presented a substantial proposal to raise capital, alongside the re-appointment of its Internal Auditor.Financial Results and Dividend Recommendation The Board confirmed that the Statutory Auditors, KKC & Associates LLP, issued audit reports for the financial year 2025-26 with an unmodified opinion.The company announced a recommendation for a...

LTM to Partner with SSP Group for AI-Powered IT Modernization Across Global Outlets Mumbai, India - May 25, 2026: LTM, an AI-centric global technology services company, has formed a strategic partnership with SSP Group, a leading global operator of food and beverage outlets in travel locations. Through this collaboration, LTM will deliver modernized, end-to-end IT infrastructure support and enhanced application maintenance services to SSP Group.The partnership utilizes LTM's advanced AI capabilities, including the BlueVerse ecosystem, to assist SSP Group in its digital transformation journey. The scope of the engagement is designed to help SSP manage operational risks, simplify complex infrastructure and application layers, and...

Utssav CZ Gold Jewels Reports Significant Growth, Notes PAT Margin Expansion of 123 Bps in FY26 Utssav CZ Gold Jewels Limited (Utssav, The Company), a leading manufacturer of CZ gold, plain gold, gold, and diamond jewellery, announced its audited Financial Results for H2 FY26 and FY26. The company reported substantial growth across key metrics, including a PAT Margin Expansion of 123 Bps in the fiscal year.The company's product portfolio includes 18K, 20K, and 22K CZ gold, along with a strong focus on lightweight and rose gold casting designs. Utssav supplies directly to leading jewellery retailers across India, operating entirely on a B2B model.Audited Financial Performance The company's financial results show robust year-over-year...

Persistent and Kong Partner to Establish Governing Control Layer for Enterprise AI Production Santa Clara, CA and Pune, India, May 25, 2026Persistent Systems and Kong, a leading developer of API and AI connectivity, have announced a strategic partnership aimed at helping enterprises implement the critical control layer required to scale and secure Artificial Intelligence (AI) deployments. The collaboration positions Persistent as Kong's global systems integration partner, combining its deep engineering expertise with Kong's unified API and AI connectivity platform to simplify integration, strengthen governance, and accelerate enterprise AI adoption.As organizations transition AI initiatives from experimental use cases to full...

Hindustan Zinc's Rampura Agucha Mine Achieves India's First Zinc Mark Certification Hindustan Zinc Limited, the world's largest integrated zinc producer, has achieved a significant milestone in responsible mining, announcing that its Rampura Agucha Mine has become India's first Zinc Mark certified mine. This certification validates the site's responsible production adherence against globally recognized Environmental, Social, and Governance (ESG) standards.The recognition solidifies the company’s commitment to integrating sustainability and operational excellence into its core business strategy. Zinc Mark is a globally recognized assurance framework that validates responsible zinc production against international benchmarks, covering...

Shree Rama Newsprint Limited Announces Board Outcomes and Audited Financial Results for March 2026 Shree Rama Newsprint Limited announced the outcome of its Board Meeting held on May 25, 2026, releasing the audited financial results for the quarter and financial year ended March 31, 2026. The company also detailed the appointment of a new director.The Board of Directors reviewed and approved the audited financial results for the quarter and financial year ending March 31, 2026.Governance Update: New Director Appointment The Board of Directors recommended the appointment of Mr. Alok Jain (DIN: 06950769) as an Additional Director in the category of Non-Executive Independent Director. This appointment is effective from May 25, 2026...

Beta Drugs Limited Allots Equity Shares Following Conversion of Compulsory Debentures Beta Drugs Limited announced on May 25, 2026, that its Board of Directors approved the allotment of Equity Shares resulting from the conversion of Compulsory Convertible Debentures (CCDs).The key decision made by the Board was the allotment of 6,65,314 Equity Shares, each valued at ₹10. This allotment stems from the conversion of an equal number of Compulsory Convertible Debentures. The original CCDs had been issued and allotted on November 27, 2024.The conversion process was executed at a ratio of 1:1. The debentures were associated with the following parties: Healthquad Trust II and Inti Capital VCC - Inti Capital I.The details of the allotment...

JEM Energy Secures Strategic MoUs, Targets INR 1,000 Crore Revenue in BESS Vertical by FY 2029-30 National, May 25, 2026: Jupiter Electric Mobility Pvt. Ltd. (JEM), a subsidiary of Jupiter Wagons Limited (JWL), has announced the signing of formal Memorandums of Understanding (MoUs) with Chalukya Power and Pickrenew Energy. These agreements add 110 MWh of Battery Energy Storage System (BESS) business, spanning both Utility-scale and Commercial and Industrial (C&I) deployments, to JEM Energy’s orderbook for the financial year 2026-27.With these additions, JEM Energy’s current BESS orderbook is positioned at over INR 150 Crore. The company is targeting a combined orderbook of INR 200 Crore in the Battery and BESS segment within FY...

Minda Corporation Approves Final Dividend of Rs. 0.80 Per Share; Sets Record Date and AGM Minda Corporation Limited announced key decisions regarding its final dividend payment for the financial year 2025-26, following a meeting of its Board of Directors held on Friday, May 22, 2026.The Board of Directors approved a final dividend of 40%, amounting to Rs. 0.80 per equity share. This dividend recommendation covers 239,079,428 equity shares, each having a face value of Rs. 2. The dividend is subject to the final approval of the shareholders at the upcoming 41st Annual General Meeting.The company has also finalized the schedule for the payout and the shareholder meeting.Key details of the dividend declaration and company timeline are...

Shah Metacorp Limited Accelerates Growth with Rs. 49.8 Crore Rights Issue and Global Expansion Plans Shah Metacorp Limited, a manufacturer and exporter of stainless steel long products, announced plans to raise up to Rs. 49.80 Crore through a Rights Issue to fund its expansion initiatives. The company detailed the capital-raising effort, alongside strategic investments that deepen its presence in the renewable energy sector and international markets.The Rights Issue offers existing shareholders an opportunity to increase their equity stake in the company. The offering is priced at Rs. 4.86 per share and comprises up to 10,24,68,139 fully paid-up Equity Shares.The key financial details of the Rights Issue are summarized below...