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Connplex Cinemas Opens New 4 Screen Facility in Adani Shantigram, Ahmedabad Connplex Cinemas Limited (Formerly known as VCs Industries Limited) has announced the opening of a new cinema facility in Ahmedabad, Gujarat. The cinema complex is situated at Center Point, Adani Shantigram, Ahmedabad.The newly launched venue is a 4 screen cinema, offering a capacity of 279 seats. The facility has been equipped with modern technology, featuring advanced Dolby 7.1 audio alongside high performance sound systems and screens.CONNPLEX Stock Price Movement On Friday, Connplex Cinemas Limited shares slipped by 0.49% to settle at ₹223.9. The stock saw a trading volume of 43,200 shares, marking a minor retreat from its previous day's trading range.

Indian Emulsifiers Limited Reports 57.93% Revenue Growth in FY26; PAT Increases by 21.83% Indian Emulsifiers Limited, a manufacturer of high performance specialty chemicals, announced its audited financial results for the full year FY26, highlighting significant year-over-year growth across key financial metrics.The company reported a Total Revenue of 159.87 Crore in FY26, marking a 57.93% increase from 101.23 Crore in FY25. Profit After Tax (PAT) also showed robust growth, rising to 16.20 Crore, an increase of 21.83% over the previous year, representing an absolute profit increase of 2.90 Crore.EBITDA for the period stood at 26.15 Crore, reflecting a 24.22% year-on-year growth.Particulars (Rs. Cr) FY26 FY25 YoY ChangeTotal...

J.K. Cement Limited Announces FY 2026 Financial Results, Recommends 200% Dividend J.K. Cement Limited announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The company's Board of Directors approved the financial results and recommended a final dividend of Rs. 20 per fully paid-up equity share.The Board meeting took place on May 23, 2026, where the company also approved changes to its Board of Directors, including the appointment of Dr. Sameer Sharma as an Additional Director and the re-appointment of Mr. Mudit Aggarwal as an Independent Director.Financial Performance Highlights The audited statements for the quarter and year ended March 31, 2026, show significant figures across both...

Lemon Tree Hotels Group Receives CCI Approval for Restructuring and Acquisition Lemon Tree Hotels Limited has successfully received detailed approval from the Competition Commission of India (CCI) concerning a major group restructuring and the acquisition of equity shares of another entity. The Company confirmed that it received the detailed order from the CCI on May 22, 2026.The CCI granted its approval under Section 31(1) of the Competition Act, 2002. The approval covers two primary areas: the acquisition of certain equity shares of Fleur Hotels Limited by Coastal Cedar Investments B.V., and the internal restructuring of the Lemon Tree Hotels group. This internal restructuring is slated to be implemented through amalgamation and...

Precision Wires India Approves Dividend, Secures Rs. 350 Crore Facility, and Updates Corporate Governance Precision Wires India Limited announced key corporate and financial approvals following its Board of Directors meeting held on May 23, 2026. The board reviewed the audited financial results for the quarter and the year ending March 31, 2026, and approved the declaration of a final dividend. The company also finalized new working capital arrangements, including the induction of a fourth secured lender.Financial Results and Dividend Declaration The board reviewed and approved the audited financial results of the company for the quarter and the year ended March 31, 2026. In a significant move, the company declared a Final Dividend of...

Auro Impex & Chemicals Announces Financial Results and Key Auditor Appointments for FY 2026 Auro Impex & Chemicals Limited announced key outcomes from its Board of Directors meeting held on May 23, 2026. The Board approved the audited standalone and consolidated financial results for the half-year and full year ended March 31, 2026. The company also announced the re-appointment of its Statutory, Internal, and Cost Auditors for the respective fiscal years.The Board took note of the unmodified Statutory Auditors Report and the CFO Certification confirming the audited financial results for the financial year ended March 31, 2026.Auditor Appointments The Board confirmed re-appointments for various audit roles for the forthcoming fiscal...

Rajputana Biodiesel Releases Audited Financial Results for FY 2025-26; Re-appoints Internal Auditors Rajputana Biodiesel Limited today announced the outcomes of its Board meeting held on May 23, 2026, detailing the audited financial results for the half year and the full financial year ended March 31, 2026. The company also confirmed the re-appointment of its internal auditors for the financial years 2026-27 and 2027-28.Financial Performance Highlights The company released comprehensive financial statements, including standalone and consolidated results, along with detailed cash flow and segment reports.Consolidated Financial Results (Amounts in ₹ lakhs)The consolidated financial statements show the following key figures for the...

GHCL Textiles Announces Record Date and E-voting Schedule for Annual General Meeting GHCL Textiles Limited, formerly known as Sree Meenakshi Mills, has announced the key dates pertaining to the company's Annual General Meeting (AGM) and associated corporate actions. The company determined the record date and e-voting period for members who wish to participate in the meeting and for the declaration of dividends.The Annual General Meeting is scheduled to take place on Saturday, June 27, 2026, commencing at 10:00 a.m. (IST). Shareholders can attend the meeting via Video Conferencing (VC) or Other Audio Visual Means (OAVM).For the purposes of dividend declaration and casting votes electronically at the AGM, the record date for the...

Sikko Industries Limited Reports Audited Standalone and Consolidated Financial Results for FY2026 Sikko Industries Limited announced the approval of its audited standalone and consolidated financial results for the quarter and year ended on March 31, 2026. The Board of Directors of the company considered and approved these financial outcomes during a Board Meeting held on May 23, 2026.The company released comprehensive financial reports, including standalone and consolidated statements of assets and liabilities, and cash flow statements, providing financial insight for the financial year ended March 31, 2026.Financial Performance Summary The audited financial results show the company's operational performance across both standalone...

Vardhman Holdings Limited Announces Financial Results and Recommends Rs. 5 Dividend Per Share Vardhman Holdings Limited released its audited financial results for the year ended March 31, 2026, following a Board of Directors meeting held on May 23, 2026. The company also recommended a dividend payout to its shareholders.The Board of Directors recommended a dividend of Rs. 5/per share on fully paid up equity shares of the Company. The payment of this dividend is subject to the approval of the Members of the Company and is tentatively scheduled to be dispatched within five days of the conclusion of the Annual General Meeting.The company's Annual Financial Results were reviewed by the Audit Committee and the statutory auditors...

Multiple Companies Release Audited Financial Results and Corporate Updates Several companies listed across various sectors, including infrastructure, construction, and power, released their audited financial results for the quarter and year ended March 31, 2026, alongside notices concerning shareholder actions and transactions.Financial Results for Multiple Companies Maharashtra Seamless Limited (D.P. Jindal Group) Maharashtra Seamless Limited provided its detailed financial results for the period ended March 31, 2026. The performance data, presented in Rs. in Crores except for per share data, shows the following trends:Particulars Quarter Ended 31-Mar-26 (Audited) Quarter Ended 31-Dec-25 (Audited) Quarter Ended 31-Mar-25...

Divi's Laboratories Approves Financial Results for March 31, 2026, Recommends Dividend Divi's Laboratories Limited announced on May 23, 2026, the approval of its standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The Board of Directors also recommended a final dividend for the financial year 2025-26.The Company reported significant consolidated financial performance for the year ended March 31, 2026. The consolidated total income stood at 11067 Crores, compared to 9712 Crores in the previous financial year. For the current quarter, the consolidated total income was 2986 Crores, up from 2671 Crores in the corresponding quarter of the previous year.Financial Performance Overview On a...

360 ONE WAM LIMITED Reports Allotment of Equity Shares Following ESOP Exercise 360 ONE WAM LIMITED announced that its share capital has been adjusted following the allotment of equity shares to employees who exercised their stock options under the company’s Employee Stock Options Scheme(s).The Nomination and Remuneration Committee of the Board of Directors, through a resolution passed by circulation on May 23, 2026, allotted 1,91,376 equity shares to eligible employees. Each share allotted has a face value of Re. 1/-.This allotment of shares has resulted in a consequential increase in the company's issued, subscribed, and paid-up share capital.The financial structure changes are detailed below:Metric Before Allotment After...

Thomas Cook (India) Limited Receives Order Confirming Demand for GST, Interest, and Penalty Thomas Cook (India) Limited announced that it received an order from the Commercial Tax Officer, Chennai Central, Tamil Nadu, on May 22, 2026. The order, received after business hours, confirms a demand regarding short payment of GST.The action taken by the authority involves multiple financial components. These include a demand on short payment of Goods and Services Tax (GST) amounting to INR 1,25,434/-, along with applicable interest of INR 1,14,932/-, and a penalty of INR 1,25,434/-. These charges are levied under Section 50 of the CGST Act 2017 and Section 74 of the CGST Act 2017, respectively.The details of the regulatory order are as...

RBI Slaps ₹2.70 Lakh Penalty on Newa Investments for Major Governance Breach The Reserve Bank of India (RBI) has levied a monetary penalty on Newa Investments Private Limited for alleged non-compliance with critical governance provisions. The penalty, amounting to ₹ 2.70 lakh (Rupees Two Lakh Seventy Thousand only), was formally imposed by the RBI via an order dated May 15, 2026.The penalty decision was reached by exercising powers granted to the RBI under section 58G(1)(b) read with section 58B(5)(aa) of the Reserve Bank of India Act, 1934. This action highlights the regulator's continued vigilance over corporate compliance standards.Focus on Governance Non-Compliance The primary catalyst for the penalty was the company's failure...

Windsor Machines Limited Completes Acquisition of Non-Agriculture Land in Rajkot Windsor Machines Limited successfully completed the acquisition of non-agriculture land located in Chibhda, Rajkot, on May 22, 2026. The completion was formalized through the registration of the requisite Deed of Conveyance and related documents with the Sub-registrar at Taluka: Lodhika.The acquisition, which was approved by the company's Board of Directors on November 8, 2025, pertains to an area totaling approximately 77,198 square meters. The land is situated in Village Chibhda, Taluka Lodhika, and District Rajkot, Gujarat.The relevant details of the transaction, including the acquiring party, the counterparty, and the financial consideration, are...

CCI Gives 'Green Channel' Nod: Hornbill Tech to Acquire Key Lending Platforms FTSPL and KrazyBee The Competition Commission of India (CCI) has cleared the path for a major corporate restructuring in the Indian financial technology space. Hornbill Tech Investments Limited has received a green channel notice, indicating the transaction involving two prominent entities, Finnovation Tech Solutions Private Limited (FTSPL) and KrazyBee Services Limited (KrazyBee). The filing, which received notice on May 23, 2026, confirms the proposed acquisition of stakes in both companies.CCI Deems Acquisition of FTSPL and KrazyBee Approved The CCI has issued a notice under Section 6(5) of the Competition Act, treating the proposed transaction as "Deemed...

Glenmark USA to Pay $29.628 Million in Settlement Over Anti-trust Lawsuits Glenmark Pharmaceuticals Limited announced details regarding a settlement reached by its subsidiary, Glenmark Pharmaceuticals Inc., USA (Glenmark USA), to resolve multiple antitrust and consumer protection lawsuits.The litigation centered on allegations of price-fixing, market allocation, and other anti-competitive conduct related to generic pharmaceutical products in the United States. Since 2016, Glenmark USA faced over 35 complaints, alleging violations of federal antitrust laws concerning drug pricing. These complaints included classes of direct purchasers, end-payers, and indirect purchasers, as well as actions filed by numerous private plaintiffs and 46...

Mangalam Worldwide Limited Receives In-Principle Approval for Direct Listing on BSE Mainboard Mangalam Worldwide Limited announced that it received In-Principle approval for the direct listing and trading of its Equity Shares on the BSE Mainboard Platform.The company confirmed that the approval was granted by BSE Limited on May 22, 2026. This approval allows for the direct listing and subsequent trading of Mangalam Worldwide Limited's Equity Shares on the specified platform.The announcement, made on May 23, 2026, details the company's progress toward listing its equity shares, marking a significant development in its corporate structure.MWL Stock Price Movement Mangalam Worldwide Limited shares on Friday slipped by 0.41% to settle...

R.P.P. Infra Projects Limited Secures Work Order from SIPCOT for Hard Rock Material Removal R.P.P. Infra Projects Limited has secured a new work order from the State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT). The contract involves the removal of retrieved hard rock materials at the SIPCOT Industrial Park in Shoolagiri.The acceptance of the tender confirms the award of work for the removal of retrieved hard rock materials at SIPCOT Industrial Park, Shoolagiri. The total value of the work order stands at Rs. 5,13,00,000 (Rupees Five crores Thirteen lakhs only), which includes all applicable GST.The contract award is a domestic transaction. According to the details provided, the execution timeline for the contract...