Markets

Kalpataru Limited Signs ₹1,250 Crore Cluster Redevelopment Project in Kandivali East Mumbai, May 25, 2026: Kalpataru Limited, a prominent developer in the Mumbai Metropolitan Region (MMR), announced the signing of a substantial cluster redevelopment project. The venture, located in Ashok Nagar, Kandivali East, Mumbai, involves five adjacent societies and is identified as the 'Ashokgram Cluster'.The large-scale redevelopment project spans approximately 2.8 acres of prime land. The development carries an estimated Gross Development Value (GDV) of around ₹ 1,250 cr, with a free sale potential of approximately 0.37 msf carpet area.Parag Munot, Managing Director of Kalpataru Ltd., highlighted the significance of the undertaking. He...

Reliance Chemotex Industries Announces Board Meeting to Approve FY26 Results and Potential Dividend Reliance Chemotex Industries Ltd. has announced that its Board of Directors meeting is scheduled for Friday, May 29, 2026. The meeting, which will be held via video conferencing, is set to address the company's financial performance for the fiscal year 2025-26, along with considering a potential final dividend.The primary agenda includes the consideration and approval of the Audited Financial Results for the quarter and financial year ended March 31, 2026. Board members will also consider the Statement of Assets and Liabilities as at March 31, 2026, and the Cash Flow Statement for the financial year ended March 31, 2026, in addition to...

Omnitech Engineering Releases Audited Financial Results for Q4 and Full Year Ending March 31, 2026 Omnitech Engineering Limited announced the audited financial results for the quarter and full financial year ending March 31, 2026, following its Board meeting held on May 25, 2026. The company released detailed financial statements for both standalone and consolidated operations, alongside its statement of assets and liabilities.The company confirms that its operations are predominantly focused on the manufacturing of high precision engineered components and assemblies, meaning there are no separate reportable segments under Ind AS 108 requirements.Quarterly Financial Performance Overview The financial statements provide a comparison...

IRFC Secures Rs 13,527 Crore Loan to Refinance Hyderabad Metro, Boosts Urban Rail Financing Indian Railway Finance Corporation Ltd. (IRFC), a Navratna Central Public Sector Enterprise under the Ministry of Railways, successfully signed a Rs 13,527 crore term loan agreement with L&T Metro Rail (Hyderabad) Limited (L&TMRHL). This financing deal is designed to refinance the existing debt obligations of the Hyderabad Metro Rail project, marking a major milestone in the country's urban transit sector.The transaction underscores IRFC's evolving role as a diversified infrastructure financing institution. By leveraging its expertise in long-term transportation finance, the deal aligns with the Government of India's vision for a Viksit Bharat...

Nettlinx Ltd Announces Board Approvals and Releases Audited Financial Results for March 2026 Nettlinx Ltd held a Board meeting on May 25, 2026, during which the Board considered and approved the company's financial results for the quarter and financial year ended March 31, 2026. The meeting also finalized key appointments and directed the scheduling of the upcoming Annual General Meeting (AGM).Corporate Governance and Appointments The Board of Directors approved several operational and governance updates.The company formally appointed Mis. Murthy & Kanth, Chartered Accountants, as Internal Auditors for the Financial Year 2026-27. According to the detailed records, Murthy & Kanth, established in 1984, is a firm providing integrated...

Dhanlaxmi Bank Announces Tenure Completion of Chief Vigilance Officer Dhanlaxmi Bank Ltd has confirmed a change in its senior management personnel, noting the conclusion of Mr. Balasubramanian A.D's tenure as the bank’s Chief Vigilance Officer. The change in leadership occurred on May 24, 2026.The bank confirmed that Mr. Balasubramanian A.D concluded his role as Chief Vigilance Officer on May 24, 2026. The bank stated that the reason for this change was the completion of his tenure.Key details regarding the transition in the bank's senior management are summarized below:CategoryDetailChief Vigilance OfficerMr. Balasubramanian A.DRoleChief Vigilance Officer of the BankDate of CessationMay 24, 2026Relationship with...

Anupam Rasayan Announces Open Offer for Bliss GVS Pharma Ltd Stake Anupam Rasayan India Limited has initiated an open offer for Bliss GVS Pharma Ltd, seeking to acquire a substantial stake from the company's public shareholders. The open offer, which represents a mandatory acquisition, has an offer price of ₹ 299.00 per equity share.The open offer aims to acquire up to 2,77,26,848 fully paid-up equity shares, representing 26.00% of Bliss GVS Pharma Ltd's Expanded Voting Share Capital. Assuming full acceptance of the offer, the total consideration payable by Anupam Rasayan India Limited will amount to up to ₹ 8,29,03,27,552.00, paid entirely in cash.Underlying Acquisition Triggers Open Offer The open offer is prompted by a larger...

Shah Metacorp Limited Announces Rights Issue of Rs. 49.8 Crore Amid Global Expansion Plans Shah Metacorp Limited, a manufacturer and exporter of stainless steel and mild steel long products, announced plans to raise up to Rs. 49.80 crore through a Rights Issue. The capital-raising initiative aims to fund the company's expansion plans and strengthen its financial position.The Rights Issue is structured at a price of Rs. 4.86 per share and comprises up to 10,24,68,139 fully paid-up Equity Shares of face value Rs. 1 each, aggregating to Rs. 49.80 crore.The key details of the capital raise are as follows:DetailSpecificationIssue PriceRs. 4.86 per shareTotal Shares OfferedUp to 10,24,68,139 Equity SharesTotal CorpusRs. 49.80...

Foseco India Limited Sets Record Date for Final Dividend Payment Foseco India Limited, a brand of the Vesuvius Group, has announced key dates related to the payment of its final dividend. The company has set Wednesday, June 3, 2026, as the record date for determining the entitlement of members to the dividend.The dividend payment is contingent upon approval at the company’s 69th Annual General Meeting (AGM), which is scheduled for Wednesday, June 10, 2026.The company further stated that if the final dividend receives approval at the AGM, it shall be paid or credited on or before Thursday, July 9, 2026.FOSECOIND Stock Price Movement Shares of Foseco India Limited are edging higher to ₹5094.9 as of 11:43 AM, gaining 0.44% in live...

JEM Energy Secures Strategic BESS Agreements, Targets INR 1,000 Crore Revenue by FY 2029-30 National, May 25, 2026: Jupiter Electric Mobility Pvt. Ltd. (JEM), a subsidiary of Jupiter Wagons Limited (JWL), announced the signing of formal Memorandums of Understanding (MoUs) with two major Indian renewable energy developers, Chalukya Power and Pickrenew Energy. These agreements add 110 MWh of Battery Energy Storage System (BESS) business, comprising both Utility-scale and Commercial and Industrial (C&I) deployments, to JEM Energy's orderbook for the Financial Year 2026-27.The additions bolster JEM Energy's current BESS orderbook, which already stands at INR 150+ Crore. This figure encompasses engagements with various private renewable...

Cyber Media India Ltd. Confirms Forfeiture of 1,71,329 Partly Paid-Up Equity Shares Cyber Media (India) Limited announced that it received approval from the BSE Limited for the forfeiture of a significant number of its partly paid-up equity shares.The company confirmed that it was granted approval via a letter dated May 22, 2026, from BSE Limited. This action pertains to 1,71,329 equity shares.The forfeiture was initiated because the respective holders failed to pay the balance call money. This non-payment followed the issuance of a Reminder-cum-Forfeiture notice by the Company on March 05, 2026.The forfeited shares were partly paid-up with a face value of Rs. 10/- each. The forfeiture details were also circulated to trading...

Jyoti Global Plast Approves FY26 Financial Results and Appoints Internal Auditor Jyoti Global Plast Limited announced key outcomes from its board meeting held on May 22, 2026. The board reviewed and approved the company's audited financial results for the half year and the full financial year ended March 31, 2026.The company also approved the appointment of internal auditors for the financial year 2026-2027, based on the recommendation of the Audit Committee.The board meeting was held through video conferencing, commencing at 12:30 P.M. and concluding at 3:10 P.M. (IST).Financial Performance and Audit Findings The company released its Standalone Audited Financial Results for the half year and full financial year ended on March 31...

K2 Infragen Ltd Secures Rs 56.91 Crore Orders from Rajasthan Rajya Vidyut Prasaran Nigam Gurugram, May 25, 2026: K2 Infragen Ltd., a leading infrastructure and core engineering company, has strengthened its presence in India's power transmission sector by securing two significant orders from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN). The total value of the awarded projects is Rs 56.91 crore.The company has won contracts covering critical transmission infrastructure in two key locations:Project DescriptionLocationValue (Rs)Construction of a new 132/33 KV Grid Sub-Station at Mukundgarh, Jhunjhunu District, including associated lines and 132 KV baysMukundgarh29.85 croreDevelopment of 220 KV & 132 KV transmission...

Australian Premium Solar Achieves 47% Revenue Growth in H2 FY26, Scales Capacity to 1.2 GW Mumbai, May 22, 2026 – Australian Premium Solar (India) Limited, a prominent solar manufacturer specializing in Monocrystalline and TopCon solar panels, and offering comprehensive EPC services and solar water pumps, today announced its audited financial results for the second half of fiscal year 2026 (H2 FY26), which ended on March 31, 2026.The company reported a significant increase in its total income, highlighting robust growth across its operations.Key Financial Highlights (In Rs Cr) Australian Premium Solar provided the following financial data for H2 FY25 and H2 FY26:ParticularH2 FY25H2 FY26YoY ChangeTotal Income276.89405.846.56%...

Cyient Semiconductors Secures Strategic Funding from Edelweiss at ~$500 Mn Valuation Hyderabad, India (May 25, 2026) A.Cyient Semiconductors today announced a strategic financing transaction with funds managed by EAAA India Alternatives Ltd, known as Edelweiss, along with affiliated co-investors. This transaction includes an equity investment of approximately USD 10 Mn (INR 100 Crores) at a post-money equity valuation of USD ~500 Mn (INR 4600 Crores). Furthermore, the financing includes structured debt capital, aiming to fortify the company's capital structure and support the scaling of its global semiconductor business.The semiconductor market is currently characterized by a growing focus on power and artificial intelligence (AI). AI...

Lehar Footwears Delivers Landmark FY26 Results; Revenue Jumps 55% and Profit Soars Nearly 92% Jaipur, May 25, 2026 – Lehar Footwears Limited, a leading regional manufacturer of non-leather, high-quality footwear, has announced its Audited Financial Results for the fourth quarter (Q4) and the full year (FY26). The company reported significant growth across key metrics, achieving its highest-ever annual revenue and substantial increases in profitability.Key Financial Performance Highlights The financial results for FY26 demonstrate robust year-over-year growth. The following table summarizes the standalone financial performance:Particulars ( ₹ Cr)Q4 FY26Q4 FY25FY26FY25YoYTotal Income91.3109.6431.3277.555.4%...

Cyient Limited Board Approves Funding Round via NCDs and Convertibles from EAAA India Alternatives Cyient Limited, through its Board of Directors, has approved plans for a proposed private placement transaction involving its wholly owned subsidiary, Cyient Semiconductors Private Limited. The transaction aims to raise capital through the issuance of debentures and preference shares from EAAA India Alternatives Limited and associated co-investors.The Board meeting, held on May 25, 2026, resolved to execute a binding term sheet between Cyient Limited, EAAA India Alternatives Limited, and Cyient Semiconductors Private Limited. The private placement proposed involves the issuance of two types of instruments by Cyient Semiconductors.The...

Triton Valves Ltd Board Meeting Scheduled to Review FY26 Financial Results and Dividend Proposal Triton Valves Ltd announced that its Board of Directors will meet on Thursday, May 28, 2026. The meeting is set to consider and approve key financial and corporate proposals for the company.The Board agenda for the meeting includes two primary matters:Agenda ItemPurposePeriod/Financial YearFinancial ResultsConsideration and approval of the Audited Standalone and Consolidated Financial Results.Quarter and year ended March 31, 2026Dividend ProposalConsideration and approval of recommending a Final Dividend.Financial Year 2025-26In a separate operational update, Triton Valves Ltd also noted the closure of its trading window. The...

CRISIL Assigns Credit Rating to Vodafone Idea Limited for Bank Facilities Vodafone Idea Limited received a credit rating assignment from CRISIL Ratings Limited on May 25, 2026. The rating pertains to the company's bank facilities.In an announcement detailing the assessment, CRISIL Ratings Limited assigned a credit rating to Vodafone Idea Limited. The rating provided was CRISIL A - / Stable for the Bank Facilities instrument.The key financial details regarding the rating assignment are presented below:Instrument / FacilityAmountRatingRating ActionBank FacilitiesRs. 35,000 CroreCRISIL A - / StableAssignedThe rating was issued by CRISIL Ratings Limited via a release dated May 25, 2026.IDEA Stock Price Movement As of 10:02...

Rishi Laser Ltd Board Meeting Scheduled to Approve FY2026 Financial Results Rishi Laser Ltd has announced that its Board of Directors meeting is scheduled for Thursday, May 28, 2026, at 02:00 p.m. The meeting is convened to consider, approve, and formally take on record the Audited Financial Results of the Company for the quarter and the full year ended March 31, 2026. The board will also address any other matter with the permission of the chairperson.Separately, the company confirmed that it has closed the trading window under the SEBI (Prohibition of Insider Trading) Regulations, 2015. This window was closed effective from April 1, 2026, and remains closed until 48 hours following the dissemination of the Audited Financial Results...