Markets

Tinna Rubber and Infrastructure Board Approves Final Dividend and Recommends Investment in Joint Venture Tinna Rubber and Infrastructure Limited, during its Board of Directors meeting held on May 22, 2026, approved the audited financial results for the fourth quarter and the financial year ended March 31, 2026. The board also recommended a final dividend and outlined plans for an additional investment into its joint venture.Financial Highlights and Dividend Recommendation The Board approved the audited financial results and statements (both consolidated and standalone) for the quarter and financial year ended March 31, 2026, along with the Statutory Auditor's Report.The company recommended a final dividend at the rate of 32.50% on...

Finolex Cables Limited Receives Order Upholding Demand for GST Mismatch of ITC and Credit Notes Finolex Cables Limited announced that it has received an order from the Additional Commissioner, Grade-II Appeal, Lucknow Sector -9, Uttar Pradesh. The order, dated May 21, 2026, relates to the scrutiny of the Goods and Services Tax (GST) Return for the Financial Year 2020-21.The investigation centered on a demand raised due to the mismatch of Input Tax Credit (ITC) and Credit Notes. Following the initial order, the company had filed an appeal; however, the Additional Commissioner has rejected that appeal and upheld the Original Order.The financial impact of the ruling involves a tax demand totaling Rs. 12,28,985/-. Finolex Cables Limited...

Kundan Edifice Limited Receives Confirmed Order Schedules Worth INR 1.18 Crore from Crompton Kundan Edifice Limited announced that it has received confirmed order schedules totaling approximately INR 1.18 Crore from Crompton Greaves Consumer Electricals Limited. These confirmed schedules pertain to supplies planned for May 2026, providing operational visibility for the company's lighting and electronics product segment.The confirmed orders reflect continued business engagement with Crompton Greaves Consumer Electricals Limited. The product portfolio covered by these schedules includes LV Flex, HV Flex, and Rectifiers.The confirmation details are currently forecast-based. Kundan Edifice Limited stated that corresponding planning and...

Motisons Jewellers Approves Audited Financial Results for Quarter and Year Ended March 31, 2026 Motisons Jewellers Limited announced that its Board of Directors, at a meeting held on May 22, 2026, approved the Audited Financial Results for the Quarter and the full Financial Year ended March 31, 2026. The company also approved the Statement of Assets & Liabilities and the Cash Flow Statement for the same financial year.The statutory auditors, Keyur Shah FCA, issued an unmodified opinion on the financial results. The audit confirms that the financial results for the quarter ended March 31, 2026, and the year to date results for the period from April 1, 2025, to March 31, 2026, are presented in accordance with applicable accounting...

Cambridge Technology Enterprises Completes Divestment of 100% Stake in CTE Technology Solutions Cambridge Technology Enterprises Limited announced the completion of the divestment of its entire equity shareholding in CTE Technology Solutions Private Limited. The subsidiary, formerly known as CTE Web Apps Private Limited, is no longer a wholly owned subsidiary of the company following the transaction.The Company initially held 100% equity shareholding in CTE Technology Solutions Private Limited. The Board of Directors of Cambridge Technology Enterprises Limited approved the divestment of this entire stake during a meeting held on March 30, 2026.According to the details provided, the Company held 10,000 Equity shares in the...

Oil India Limited Unlocks New Natural Gas Potential in Dandewala Field, Rajasthan Oil India Limited has announced a significant natural gas discovery in its nominated Dandewala Field in Rajasthan. The company reported a modest but meaningful find, highlighting the subsurface resource potential of the region.The field has recorded an inflow of an average of 25,000 SCMD of Natural Gas, sourced from a depth of approximately 950 meters. This successful development marks the first time that gas presence has been established within the shallower Sanu Formation in the Dandewala field, thereby opening up a new play for the operation.The discovery validates Oil India's strategy of revisiting subsurface potential through focused technical...

Modison Limited Announces FY26 Results, Recommends 300% Final Dividend MODISON LIMITED, a manufacturer of electrical contacts for LV, MV, HV & EHV switchgear industries, announced the outcome of its Board of Directors meeting held on May 22, 2026. During the meeting, the Board approved the audited financial statements and results for the quarter and the year ended March 31, 2026.The company also recommended a final dividend of Rs. 3.00 per equity share (representing 300% of the face value of Re. 1 each) for the financial year ended March 31, 2026, subject to the approval of the shareholders at the ensuing 43rd Annual General Meeting.Financial Performance Highlights The company released audited financial results for the quarter...

Ircon International Reports Financial Results for Q4 and Full Year Ended March 31, 2026 Ircon International Limited, a Navratna public sector enterprise and a leading turnkey construction company operating under the Ministry of Railways, has announced its financial results for the fourth quarter and year ended March 31, 2026.Financial Performance Summary The company provided financial details both on a consolidated and standalone basis for the fiscal year (FY26) and the fourth quarter (Q4FY26).Consolidated Financial Performance The consolidated results highlight the following performance figures for the year and the quarter.FY26 vs FY25 (Y-o-Y)ParticularsFY26 (Rs. Crore)FY25 (Rs. Crore)Change%Total Income950211131(14.6%)...

Hindalco Approves Financial Results, Recommends ₹5 Dividend, and Advances Key Acquisitions Hindalco Industries Limited announced the outcome of its Board Meeting held on May 22, 2026, approving the audited financial results for the standalone and consolidated entities for the quarter and full financial year ended March 31, 2026. The Board also recommended a final dividend, while detailing several major operational and strategic developments, including the completion of an acquisition and the proposal of a stake purchase in the US.Financial Highlights and Dividend RecommendationThe Board of Directors approved the Audited Standalone and Consolidated Financial Results for the year and quarter ended March 31, 2026. The Company...

Striders Impex Limited Extends License Agreement with Disney Middle East FZ L.L.C. Striders Impex Limited has announced the amendment and extension of its existing License Agreement with Disney Middle East FZ L.L.C. The agreement, originally involving Striders FZ L.L.C., UAE, the wholly owned subsidiary of Striders Impex Limited, is now extended up to March 31, 2027.Under the terms of the amended agreement, Striders Impex Limited has enhanced its licensed property portfolio by adding two new titles. The properties added to the existing collection are the Spider-Man: Brand New Day Movie Style Guide and the Avengers: Doomsday Movie Style Guide.The extension and addition of these properties signify a continued collaboration between the...

EIH Associated Hotels Limited Announces Audited Financial Results for March 31, 2026 EIH Associated Hotels Limited, a member of the Oberoi Group, has released its Audited Financial Results for the Financial Year ended March 31, 2026. The Company announced that the Board of Directors approved the results on May 22, 2026, following the issuance of an unmodified opinion by the Statutory Auditor.The audited financial results provide comprehensive statements covering the annual performance, alongside quarterly and yearly comparative data for the period ending March 31, 2026.Annual Financial Performance Summary Total income for the year ended March 31, 2026, was Rs. 40,319.59 lakhs, a notable decrease from the Rs. 42,693.56 lakhs reported...

EIH Associated Hotels Limited Recommends Final Dividend for Financial Year 2025-26 EIH Associated Hotels Limited, a company noted as a member of the Oberoi Group, announced that its Board of Directors has recommended a final dividend for the Financial Year 2025-26.The Board held a meeting and recommended a final dividend at a rate of 35%. This dividend is payable to the shareholders of the company.The details of the dividend recommended by the Board are summarized below:DetailValueDividend Rate35%Amount Per ShareRs. 3.5/-Face Value Per ShareRs. 10/-Financial Year2025-26The recommended final dividend is based on the company's performance for the Financial Year 2025-26.EIHAHOTELS Stock Price Movement EIH...

Biopol Chemicals Limited Shifts Registered Office to New Ahmedabad Location Biopol Chemicals Limited has announced a change in its Registered Office address. The company's Board of Directors approved the shift to a new location within the local limits of Ahmedabad, effective May 22, 2026.The Board meeting was held on May 22, 2026, and considered and approved the move for the company's Registered Office.The change involves shifting the official address from the previous location in Dudheshwar Tavdipura to a new site in Vatva.The details of the change in Registered Office are as follows:DetailPrevious Address (From)New Address (To)LocationD-211, 2nd Floor, Block-D, Sumel Business Park-6, Near Dudheshwar Circle, Dudheshwar...

Hindalco Reports Record Consolidated Revenue and EBITDA for Q4 and Full Year FY26 Hindalco Industries Limited, the Aditya Birla Group metals flagship, today reported results for the quarter and year ended March 31, 2026. The company posted its highest-ever consolidated Revenue and EBITDA for both the quarter and the full year, driven by record performance in its India business and a steady recovery at Novelis.Consolidated EBITDA for the fourth quarter reached ₹11,197 crore, marking a 9% increase from the same quarter last year. Profit Before Tax (PAT) before exceptional items rose to a record ₹5,796 crore in the fourth quarter, up 10% over the prior year period. Quarterly Net Profit was reported at ₹2,597 crore, compared to ₹5,284...

Manaksia Steels Limited Approves FY2026 Financials and Appoints Internal and Cost Auditors Manaksia Steels Limited announced key outcomes from its Board Meeting held on May 22, 2026. During the meeting, the Board approved the Audited Financial Statements and audited results, both Standalone and Consolidated, for the financial year ended March 31, 2026. The company also formalised the appointment of its internal and cost auditors for the financial year 2026-27.The company confirmed that its Statutory Auditors issued an Unmodified Opinion on the audited Standalone and Consolidated Financial Results for the year ended March 31, 2026.Financial Highlights The audited financial results for the quarter and year ended March 31, 2026...

SEPC Limited Receives Administrative Warning Letter From SEBI SEPC Limited has informed that it received an Administrative Warning Letter from the Securities and Exchange Board of India (SEBI). The communication, dated April 30, 2026, pertains to compliance matters related to disclosures.The warning letter addresses the delayed disclosure of arbitration proceedings and the associated settlement agreement with Hindustan Copper Limited.The details of the authority, the nature of the action, and the alleged contravention are summarized below:ParameterDetailName of AuthoritySecurities and Exchange Board of India (SEBI)Nature of ActionAdministrative Warning LetterDate of ReceiptApril 30, 2026Violation DetailsDelayed...

TruAlt Bioenergy Board Approves FY2026 Financial Results; Narrows Focus on Dual-Feed and SAF Expansion TruAlt Bioenergy Limited (formerly known as Trualt Energy Limited) announced the outcome of its Board of Directors meeting held on May 22, 2026, confirming the approval of its audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The Board meeting also saw the company approve the appointment of new internal and cost auditors for the financial year 2026-27.The company also highlighted significant operational milestones, including the successful installation of dual-feed capabilities across several units to mitigate seasonality in the ethanol business, and reported a favorable development...

TVS Electronics Approves Audited FY26 Results; Shifts Registered Office in Chennai TVS Electronics Limited announced key corporate and financial updates following its Board of Directors meeting held on May 22, 2026. The Board approved the audited financial results for the quarter and year ended March 31, 2026, while also formalizing the date for the upcoming Annual General Meeting and confirming a change in the company's registered office location.During the meeting, the Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. Furthermore, the company decided to convene its 31st Annual General Meeting on Saturday, August 8, 2026, at 10:00 a.m. (IST).On an operational note, the Board...

Colgate Palmolive Announces Financial Results for Q4 and Full Year Ending March 31, 2026; Declares Second Interim Dividend Colgate Palmolive (India) Limited announced its financial results for the fourth quarter and the full financial year ended March 31, 2026, on May 22, 2026. The company reported 9% year-on-year growth in net sales for Q4 FY26, signaling a strong rebound across its portfolio.For the full year, Colgate-Palmolive (India) Limited reported net sales of Rs. 5,984 Crore, remaining flat compared to the previous year. Net Profit after tax stood at Rs. 1,325 Crore, compared to Rs. 1,437 Crore in the previous year.Financial Performance Highlights The company's Q4 FY26 performance saw net sales increase 9% year-on-year...

20 Microns Limited Approves FY26 Results and Recommends Dividend 20 Microns Limited announced the approval of its audited financial results for the quarter and full financial year ended March 31, 2026, following a Board of Directors meeting held on May 22, 2026. The Board also recommended a final dividend for the financial year.The Company released the financial results, which cover the quarter and financial year ended March 31, 2026, along with the Auditor's Report.Financial Results and Audit Opinion The Board of Directors approved the Audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026.The statutory auditors, Manubhai & Shah LLP, issued an unmodified opinion on the...