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Coforge Receives In-Principle Approval for Listing of Preferential Equity Shares Coforge Limited announced on May 22, 2026, that it received in-principle approval for listing the preferential equity shares from the Stock Exchanges. Following this approval, the Company also processed the corporate action with the depositories for the credit of these equity shares to the demat accounts of the respective allottees.The development completes the process concerning a preferential issue initiated following a Share Subscription and Share Purchase Agreement executed by Coforge with Encora US Holdco, Inc. and Encora Holdings Ltd., collectively referred to as the Target Companies.The process timeline shows several key milestones. Coforge had...

Jaiprakash Power Ventures Sees 24% Stake Transfer to Adani Power Limited Jaiprakash Power Ventures Limited has confirmed the execution of a significant share sale agreement, detailing the transfer of a substantial promoter stake to Adani Power Limited (APL). This transaction is integral to the implementation of the Approved Resolution Plan concerning Jaiprakash Associates Limited (JAL), the promoter company.The Share Sale and Purchase Agreement was executed between JAL and Adani Power Limited. The transaction involves the disposal of 24% of the total shareholding of Jaiprakash Power Ventures Limited (JPVL) by JAL to APL. The sale consideration for this 24% stake amounts to Rs. 2,993,59,08,147.6.The agreement's execution, dated May...

Innomet Advanced Materials Announces Financial Results for March 31, 2026, and Key Director Appointments Innomet Advanced Materials Limited, formerly Innomet Advanced Materials Private Limited, announced details regarding its financial results and board decisions following a meeting held on May 23, 2026. The company released standalone audited financial results, accompanied by reports on its financial position and cash flow for the year ended March 31, 2026.The Board of Directors also approved several appointments to strengthen the company’s governance framework. These include the appointment of Dr. Venkata Sai Kiran Chakravadhanula (DIN: 11094810) as an Additional Director in the Non-executive independent category. Furthermore, the...

Digjam Limited Approves Financial Results and Appoints New Auditors Digjam Limited held its Board of Directors meeting on May 23, 2026, during which the company considered and approved the Audited Financial Results for the quarter and financial year ended March 31, 2026. The board also approved the appointment of new internal and cost auditors for the financial year 2026-2027.During the meeting, the board addressed key corporate governance matters, including the appointment of M/s. G. M. Kapadia & Co. as the Internal Auditor for the Financial Year 2026-2027. The company also considered the appointment of Cost Auditors for the same period, with the details being set to be fixed by the Audit Committee.Financial Highlights and Audited...

Sai Parenterals Limited Concludes Financial Year 2025-26, Approves Audited Results Sai Parenterals Limited announced the outcomes of its Board meeting held on May 23, 2026. The board reviewed and approved the company's financial results, covering the period and quarter ending December 31, 2025, as well as the audited financial results for the year ended March 31, 2026.The company's operational updates highlighted a significant strategic move, detailing the acquisition of a majority and controlling stake in Noumed Life Sciences Limited (UK) through its wholly owned subsidiary, Sai Parenterals Pte Limited (SPPL).Financial Results for March 31, 2026 The Board approved the audited financial results for the quarter and full year ending...

Utssav CZ Gold Jewels Approves Financial Results for Half Year and Year Ended March 31, 2026 Utssav CZ Gold Jewels Limited announced that its Board of Directors held a meeting on May 23, 2026, where it considered and approved the audited financial results for the financial half year and the year ended March 31, 2026. The Board also approved the corresponding Statement of Assets and Liabilities, Cash Flow Statement, and the Independent Auditors' Report.The company released comprehensive financial data, including statements of financial results, standalone assets and liabilities, and cash flow statements, detailing performance for the period ending March 31, 2026.Financial Performance Highlights The consolidated statement of accounts...

MMP Industries Reports 12% YoY Revenue Growth and 66% YoY PAT Growth in Q4FY26 MMP Industries Limited, a manufacturer specializing in aluminium powders, aluminium foils, and aluminium conductors, announced its audited financial results for the fourth quarter (Q4FY26) and the full fiscal year (FY26) ended March 31, 2026.The company’s performance in Q4FY26 saw Total Revenue reach ₹2,496 Mn, marking a 12% increase compared to Q4FY25. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at ₹215 Mn, up 17% year over year (YoY). Profit After Tax (PAT) recorded ₹180 Mn, reflecting a significant 66% YoY jump from ₹109 Mn in Q4FY25.Financial Highlights (₹ Mn) The consolidated financial performance for Q4FY26 and...

Spunweb Nonwoven Limited Participates in 'INDEX 2026' Exhibition in Geneva Spunweb Nonwoven Limited announced that its representatives participated in the exhibition 'INDEX 2026'. The event was organized by INDEX and took place at Palexpo, Geneva, Switzerland.The company's presence at the trade show occurred over a three-day period, running from May 19, 2026, to May 22, 2026.During the exhibition, the company confirmed that no unpublished price-sensitive information was utilized.SPUNWEB Stock Price Movement On Friday, Spunweb Nonwoven Limited shares rallied, gaining 4.69% to close at ₹118.4. The stock saw 8,400 shares traded during the session, contributing to its strong closing finish.

Pritika Auto Industries Announces Audited Financial Results for FY 2026 Pritika Auto Industries Limited, during its Board of Directors meeting held on May 23, 2026, approved the audited financial statements for the financial year ended March 31, 2026. The company released financial results, including standalone and consolidated statements, for both the quarter and the full year, alongside audited cash flow statements and balance sheets.Audited Financial Results (Standalone and Consolidated) The company provided detailed financial results, covering the quarter and year ended March 31, 2026.Standalone Financial Results (Rs. In Lakhs)PARTICULARS 31/03/2026 (Audited) 31/12/2025 (Unaudited) 31/03/25 (Audited) Year 31/03/2026...

Radhika Jeweltech Limited Reports Compliance Status for Financial Year 2026 Radhika Jeweltech Limited underwent a review of its secretarial compliance for the financial year ended March 31, 2026. The review examined the company's adherence to various regulations governing listed entities.During the review period, the company reported one specific area of non-compliance related to the appointment or continuation of a Non-executive Director.Board Compliance Deviation According to the report, the company was non-compliant with the requirement for prior shareholder's approval by way of Special Resolution for the continuation of a Non-executive Director who attained the age of seventy-five years. This deviation was noted for the period...

Anand Rathi Announces Bonus Equity Share Allotment Details for Shareholders Anand Rathi Wealth Limited announced the details for the allotment of fully paid-up Bonus Equity Shares, following shareholder approval granted during the Annual General Meeting on May 21, 2026. The company confirmed the proposed allotment of 8,30,20,634 Bonus Equity Shares.The bonus allotment is structured in the ratio of 1 new equity share for every 1 existing equity share held by the company. Each bonus share has a face value of Rs. 5/-.The company established key dates to ensure the proper allotment of shares to eligible shareholders. The Bonus Allotment Committee has fixed the Record Date as Wednesday, June 03, 2026. This date is designated for...

Poly Medicure Limited Grants 17,500 Stock Options Under ESOP Scheme 2020 Poly Medicure Limited announced the granting of 17,500 stock options to its employees, authorized by the company's Nomination and Remuneration Committee. The options are issued under the existing Employees Stock Option Scheme 2020.The Nomination and Remuneration Committee held its meeting on May 23, 2026, approving the grant.The details of the options granted are as follows:Particulars DetailsOptions Granted 17,500 OptionsScheme Name Employees Stock Option Scheme 2020Shares Covered 17,500 Equity Shares (1 Option = 1 Share)Grant Price INR 100/- (discounted price)According to the scheme details, the grant price of INR 100/- was set based on...

NBCC (India) Limited Secures Rs 42.55 Cr in Work Orders from Key Clients NBCC (India) Limited has recently secured substantial work orders totaling approximately Rs 42.55 Crore in the normal course of its business operations. The contracts were awarded by major domestic entities, significantly boosting the company's ongoing project pipeline.The total contract value is derived from two major assignments. One contract was awarded by Indian Bank, while the other was secured from the Navodaya Vidyalaya Samiti.The details of the newly awarded works are as follows:Client Name Nature of Work Approximate Value (Excl. GST)Indian Bank Construction of Office Premises at No: 94, Uddandarayunipalem, Amaravati, Andhra Pradesh Rs 35.63 Cr...

IBL Finance Limited Allots Rs. 38 Lacs Through Private Placement of Non-Convertible Debentures IBL Finance Limited, formerly known as IBL Finance Private Limited, has announced the allotment of Unlisted, Senior, Secured, Unrated, Taxable, Redeemable Non-Convertible Debentures (NCDs). The allotment of the NCDs was approved by the company's Finance Committee during a meeting held on May 23, 2026.The company confirmed that the issuance of the NCDs was previously approved by the Board of Directors on July 16, 2025, and subsequently passed via a Special resolution of the shareholders at the Annual General Meeting on August 22, 2025.The NCDs are being allotted on a Private Placement basis to identified eligible investors.Transaction...

SMS Pharmaceuticals Reports 48% PAT Growth in FY26, Driven by Backward Integration and API Focus SMS Pharmaceuticals Limited, an integrated pharmaceutical company specializing in Active Pharmaceutical Ingredients (API) and complex Intermediates for global customers, has announced its audited financial results for the fiscal year ended March 31, 2026.The company reported that its Profit After Tax (PAT) grew by 48% Year over Year (YoY) to reach ₹102 crore. This substantial increase was attributed to the benefits of backward integration and a favorable product mix. Furthermore, the EBITDA margin for FY26 saw a notable increase of 155 basis points (bps) YoY, reaching 19%, fueled by backward integration and operating leverage. Overall...

Vaishali Pharma Board Approves Re-appointment of Key Directors Vaishali Pharma Limited announced that its Board of Directors held a meeting on May 23, 2026, where it approved the re-appointment of several key personnel, including independent directors and top management, for five consecutive years.The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Mr. Pratik Vikram Jakhelia (DIN: 7726752) as an Independent Director (Non-Executive). This re-appointment covers a second term of five consecutive years, scheduled from September 30, 2026, through September 29, 2031, and is subject to the approval of the Company members.Mr. Jakhelia, who holds a Master's degree...

Dhara Rail Projects Secures Work Order for Electrical Alterations in Rail Coaches Dhara Rail Projects Limited has secured a significant work order from the Ministry of Railways for the electrical system alteration of multiple coaches. The contract, valued at Rs. 1,66,90,342.71, encompasses work at the N.E. RAILWAY GORAKHPUR workshop in Uttar Pradesh.The award involves two primary scopes of work related to coach electrical alterations. The project requires modifications in the electrical systems of 1000 coaches of 2-Tier LHB type, with an allotted quantity of 50 coaches, and 4000 coaches of 3-Tier LHB type, with an allotted quantity of 100 coaches.The work order was awarded by a domestic entity and is associated with a time period of...

Gopal Snacks Limited Approves Allotment of ESOP Shares, Increases Paid-up Capital Gopal Snacks Limited, formerly known as Gopal Snacks Private Limited, announced significant developments regarding its Employee Stock Option Plan (ESOP). The Nomination and Remuneration Committee approved the allotment of equity shares to eligible employees under the Gopal Snacks Limited - Employees Stock Option Scheme 2023, resulting in an increase in the company's paid-up share capital.The committee approved the allotment of 18,400 equity shares of face value of ₹1/- (Rupees One) each. These shares are allotted to eligible employees against the exercise of vested options under the specified ESOP scheme. The shares allotted rank pari-passu with all...

HBL Engineering Approves FY26 Results, Recommends Final Dividend of Re. 1 Per Share HBL Engineering Limited (formerly HBL Power Systems Limited) announced the approval of its standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026. The results were approved during the Board of Directors meeting held on May 23, 2026.The Board also made several key recommendations, including the declaration of a final dividend and the appointment of new cost auditors.Board Decisions and Financial Highlights The Board of Directors recommended a final dividend of Re. 1/- per equity share (representing 100% on the paid-up capital) for the financial year ended March 31, 2026, subject to approval by the...

Auro Impex & Chemicals Limited Confirms Status: Not Classified as Large Corporate Auro Impex & Chemicals Limited has declared its status regarding the Large Corporate classification criteria. The company confirmed that it does not meet the requirements to be considered a Large Corporate, referencing the applicable criteria outlined in SEBI's guidelines.The confirmation pertains to the specific applicability criteria mentioned in the SEBI Circular no. SEBI /HO/DDHS/DDHS-RACPOD1/P/CIR /2023/172 dated October 19, 2023.The company remains operational under the following details:Company Name: Auro Impex & Chemicals Limited Symbol: AUROIMPEX ISIN: INE0NUL01018 Managing Director: Madhusudan GoenkaAUROIMPEX Stock Price Movement Auro...