Markets

K2 Infragen Limited Wins Rs 29.85 Crores Work Order for Sub-station Construction K2 Infragen Limited has secured a significant work order valued at Rs 29.85 Crores from Rajasthan Rajya Vidyut Prasaran Nigam Limited. The contract pertains to the construction and commissioning of new 132/33kV Grid Sub-stations in Mukundgarh, Jhunjhunu district.The order details specialized construction work encompassing the supply of equipment, associated lines, and AL59 Panther Conductor (excluding Power Transformer & ACSR Conductor). The scope of work also includes erection (including civil works), testing, and commissioning on a Supply-ETC basis.According to the details provided, the order is considered within the ordinary course of business and...

HB Stockholdings Limited Approves Audited Financial Results for FY2025-26 and Re-appoints Internal Auditor HB Stockholdings Limited announced key corporate updates following its Board of Directors meeting held on May 22, 2026. During the meeting, the Board formally approved the audited standalone and consolidated financial results for the quarter and the full financial year ended March 31, 2026. The company also approved the re-appointment of M/s. Marv & Associates LLP, Chartered Accountants, as the Internal Auditor for the Financial Year 2026-27.The company’s statutory auditors, N.C. Aggarwal & Co., issued reports confirming unmodified opinions on both the standalone and consolidated financial statements for the fiscal year ended...

Sarthak Metals Limited Adopts Amended Materiality Policy Effective June 1, 2026 Sarthak Metals Limited announced that its Board of Directors approved and adopted an amended Materiality Policy during its meeting held on May 22, 2026. The updated policy, which governs the criteria for determining material events or information, is effective from June 1, 2026.The company's Materiality Policy outlines the objective of determining material events or information and ensuring its adequate dissemination, thereby establishing an overall governance framework for such determinations.Materiality Guidelines The policy defines 'Material Event' or 'Material Information' as an event or information listed in the Schedule III of the Listing...

Prabha Energy Limited Announces Audited Financial Results for FY 2025-26 Prabha Energy Limited announced the approval of its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on Friday, May 22, 2026.In related corporate governance updates, the company also confirmed the re-appointment of M/s. Manubhai & Shah LLP as its Internal Auditor for the financial year 2026-27.Financial Results Summary (March 31, 2026) The audited financial results for the standalone and consolidated entities are available for the quarter and year ended March 31, 2026.The profit and loss statements show the following performance...

Ducol Organics And Colours Limited Acquires 50.67% Stake in Xchem Polymers India in Phase 1 Deal Ducol Organics & Colours Limited, a company specializing in pigment dispersions and master batches, has significantly strengthened its presence in the construction chemicals sector. The company announced the successful completion of Phase 1 of its acquisition of a majority stake in Xchem Polymers India Private Limited.The transaction involved Ducol completing a cash consideration payment of ₹38 crores for the acquisition of a 50.67% majority stake in Xchem. This marks the initial phase of Ducol's proposed full acquisition of 100% stake in Xchem. The Sale and Purchase Agreement (SPA) covering the total transaction value of ₹75 Crore was...

KSR Footwear Limited Announces Audited Financial Results for the Fiscal Year Ended March 31, 2026 KSR Footwear Limited has announced the approved audited standalone financial results for the quarter and the full fiscal year ended March 31, 2026. The company's Board of Directors reviewed the financials, and the statutory auditors confirmed that the report issued regarding the results for the quarter and the year ended March 31, 2026, holds an un-modified opinion.The company's management confirmed that the audited standalone financial results, along with the auditors' report, detail the financial performance and position for the period.Financial Performance Highlights The standalone statement of profit and loss provides a...

Goodluck India Limited Secures Record Export Order of USD 13.6 Million for Transmission Line Project Goodluck India Limited has received a significant export order from an EPC player in Nepal. The contract involves the supply of galvanized steel tower structures and fasteners for a 400 kV Double Circuit (D/C) Transmission Line project. This agreement marks the company's largest order in this division of its business.The scope of the order is extensive, encompassing the entire lifecycle of the materials, including manufacturing, prototype assembly, fabrication, galvanizing, bundling, and shipment of galvanized lattice steel towers along with fasteners.The details of the contract are as follows:MetricDetailOrder...

SMS Pharmaceuticals Announces Financial Results for FY 2026 and Recommends Dividend SMS Pharmaceuticals Limited announced significant operational and financial updates following its Board of Directors meeting held on May 22, 2026. The Board reviewed and approved the audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026.The Company also recommended a Final Dividend for the financial year 2025-26 and approved changes related to corporate structure and governance, including the shifting of its registered office and the reappointment of various statutory auditors.Financial Performance and Dividend Recommendation The Board reviewed the audited financial performance, noting that the Statutory...

Info Edge Reports Strong Q4FY26 and FY26 Results; Recommends Final Dividend of Rs 3.60 New Delhi, May 22, 2026 — Info Edge (India) Limited today announced its Audited Standalone and Consolidated Financial Results for the quarter and fiscal year ended March 31, 2026. The company reported significant year-over-year growth in revenue, with the standalone business achieving a 17.2% increase in revenue from operations for the quarter.At the standalone level, the company reported revenue from operations of Rs 805.1 crore for the quarter ended March 31, 2026, marking a 17.2% year-over-year growth. The operating profit grew by 39.4% year-over-year, reaching Rs 322.7 crore, resulting in an operating profit margin of 40.1%. Standalone cash...

TTK Prestige Limited Approves FY2026 Financial Results and Recommends Rs 7.50 Dividend TTK Prestige Limited announced key corporate actions following its Board Meeting held on May 22, 2026. The Board approved the financial results (standalone and consolidated) for the fourth quarter and the full year ended March 31, 2026. Furthermore, the Board recommended a dividend of Rs 7.50 per share for the financial year 2025-26.The company also announced details regarding the forthcoming 70th Annual General Meeting (AGM), scheduled for August 04, 2026, and formalized the appointment of key auditors for the financial year 2026-27.Financial Results and Dividend Recommendation The Board of Directors approved the company’s financial performance...

Remsons Industries Reports Strong Q1 Results, Recommends 5% Dividend, and Approves ESOP 2026 Remsons Industries Limited announced its audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Following the announcement, the Board of Directors also recommended a dividend and approved the 'Remsons Employees' Stock Option Plan 2026' (ESOP 2026).The company reported robust financial performance for the quarter, with consolidated total income reaching 13,293.02 (Rs in Lakhs) and a net profit for the period standing at 2,063.10.Financial Performance Overview The Consolidated Financial Results for the quarter ended March 31, 2026, showed key metrics compared to the previous year...

Rail Vikas Nigam Limited Wins ₹758.07 Crore Contract for Railway Siding and Capacity Expansion from NMDC Rail Vikas Nigam Limited (RVNL) has secured a Letter of Award (LoA) from NMDC Limited for a comprehensive railway infrastructure project. The contract covers the development of Railway Siding near Padapur Village and associated civil works for capacity expansion at Bacheli.The awarded contract involves significant scope, including PWD road diversion, associated civil works, and multiple professional services. These services encompass the Preparation of Feasibility Study Report (FSR), Detailed Project Report (DPR), Detailed Engineering, Execution, and Project Management Consultancy (PMC) Services for the Capacity Expansion of...

One Mobikwik Systems Approves Alterations to MOA and Slump Sale of LSP Business One Mobikwik Systems Limited, the payment technology company, announced significant corporate decisions following its Board meeting on May 22, 2026. The Board considered and approved several major actions, including an alteration to the company’s Memorandum of Association (MOA), the slump sale of its Lending Services Provider (LSP) business, and variations concerning the utilization of Initial Public Offering (IPO) proceeds.The Board approved the amendment to the object clause of the MOA to incorporate the activity of operating as a Payment Aggregator. This change is tied to the company’s efforts to obtain a Certificate of Authorisation to operate as a...

Jainam Ferro Alloys Commissions 20.7 MWp Solar Power Plant in Chhattisgarh Jainam Ferro Alloys (I) Limited has completed the commissioning and synchronization of a large captive solar power plant located in Chhattisgarh. The facility, which has been finalized with Tata Power Renewable Energy Limited, is set to support the company's operations and contribute to its green energy goals.The captive solar power plant is situated at Village Tekapar, Tehsil Khairagarh, District Rajnandgaon, Chhattisgarh. The plant boasts a significant capacity measured as follows:MetricCapacityAC Capacity20.7 MWpDC Capacity27 MWpThe company confirmed that the solar power plant was successfully commissioned and synchronized with the grid on May...

Dhampur Sugar Mills Declares Interim Dividend for Financial Year 2025-26 Dhampur Sugar Mills Limited announced the declaration of an interim dividend for the financial year 2025-26. The Board of Directors approved the dividend during a meeting held on May 20, 2026.The company declared an interim dividend of 20%, translating to Rs. 2 per Equity Share, based on a face value of Rs. 10 each.The company fixed Tuesday, May 26, 2026, as the Record Date to determine the eligibility of equity shareholders for the payment of the interim dividend for FY 2025-26.Key Details of the Dividend DeclarationParameterDetailDividend Declared20%Dividend AmountRs. 2 per Equity ShareFace ValueRs. 10 per Equity ShareFinancial Year2025-26...

Gujarat State Fertilizers & Chemicals Reports Strong Financial Results for Q4 & FY 25-26 Gujarat State Fertilizers & Chemicals Limited today announced its financial results for the fourth quarter and fiscal year 2025-26, highlighting robust growth across its key segments, despite global raw material price pressures.The company reported strong annual growth, with Operating Revenue increasing 15% from Rs. 9,429 Cr. in FY 2024-25 to Rs. 10,827 Cr. in FY 2025-26. Operating EBITDA surged 24% year-over-year (YoY) to Rs. 781 Cr. Profit Before Tax (PBT) grew 13% YoY to Rs. 838 Cr., and Profit After Tax (PAT) rose 14% YoY to Rs. 652 Cr. The company also reported its highest-ever quarterly sales in Q4 2025-26, reaching Rs. 2,622 Cr.Segment...

Black Box Limited Incorporates New Subsidiary in Saudi Arabia and Divests Associate Stake Black Box Limited has announced corporate changes including the incorporation of a new overseas subsidiary in Saudi Arabia and the disposal of stakes in associate companies, alongside the cessation of an associate status for two foreign entities.The company confirmed that Black Box Products FZE, UAE, a step-down subsidiary of Black Box Limited, has incorporated a new overseas subsidiary named Black Box Technologies Company, Saudi Arabia. The newly incorporated entity has a paid-up share capital of 1000 Saudi Riyals and operates in the Information and Communication sector, specializing in computer consulting, computer facility management...

Abha Power and Steel Secures Central Railway Order, Boosts Order Book Abha Power and Steel Limited (APSL) has announced that it has secured a new order worth approximately 1.39 Crores from the Central Railway. This new contract award helps reinforce the company’s presence and market share within the railway sector.As of May 21, 2026, the company’s total order book stands at approximately 21.60 Cr, showcasing its strong business momentum.The contract details highlight that the Central Railway has awarded the order for the supply of castings, specifying compliance with relevant technical requirements and standard payment terms, with a warranty period of up to 48 months from the date of delivery. The order, which is classified as a...

Dev Information Technology to Hold Board Meeting on May 28, 2026, to Discuss FY Results Dev Information Technology Ltd announced that its Board of Directors meeting is scheduled for Thursday, May 28, 2026. The meeting will consider several key corporate items, including the financial results for the fourth quarter and the full fiscal year ending March 31, 2026.The primary agenda items for the Board meeting include:Agenda ItemPurposeFinancial PeriodConsideration and approval of financial resultsTo approve the Standalone and Consolidated audited financial results.Quarter and Year ended March 31, 2026Audit Report RecordingTo take on record the Audit Report submitted by the Statutory Auditor.Quarter and Year ended March 31, 2026...

Spenta International Ltd Announces Resignation of Company Secretary and Compliance Officer Spenta International Ltd has announced the resignation of Ms. Priti Shukla from the posts of Company Secretary and Compliance Officer. The resignation was submitted by Ms. Shukla on May 21, 2026.Ms. Shukla's departure is attributed to other professional commitments. Her services with the company will officially conclude by the closing of business hours on June 30, 2026.The details of the professional change are as follows:ParticularsDetailsNameMs. Priti ShuklaFormer PositionCompany Secretary & Compliance OfficerMembership No.A71248Reason for ChangeOther professional commitmentsCessation DateJune 30, 2026The company...