Markets

DEE Development Engineers Limited Confirms Non-Applicability of Large Corporate Disclosure Requirements Mumbai, May 22, 2026 — DEE Development Engineers Limited confirmed that the company does not fall under the definition of a Large Corporate (LC). This status means the company is exempt from specific disclosure requirements concerning fund raising through the issuance of debt securities, as outlined in relevant regulatory frameworks.The company issued the confirmation on May 22, 2026, stating that DEE Development Engineers Limited does not meet the criteria and applicability framework designated for Large Corporates. This determination relates to the requirements detailed in the SEBI Circulars regarding fund raising by a Large...

Alpex Solar Reports Solid Q4 and FY26 Results, Highlights 2.2 GW Capacity Expansion Alpex Solar Limited, a manufacturer of solar PV modules and solar systems, has announced its audited financial results for the fourth quarter and the full year ended March 31, 2026. The Company reported a strong performance, supported by robust execution, rising capacity utilization, and sustained order inflows.The financial highlights for the consolidated results are detailed below, showing significant growth across key metrics:ParticularsQ4FY26Q4FY25Growth (%)FY26FY25Growth (%)Operating Income (In Cr)₹ 671.96327.39105.3%2223.27780.15185.0%EBITDA (In ₹ Cr)92.8754.7969.4%327.39128.13155.5%PAT (In ₹ Cr)53.2735.3250.8%201.5183.48141.4%EPS...

Shri Bajrang Alliance Ltd to Hold Board Meeting to Approve Financial Results Shri Bajrang Alliance Ltd announced that its Board of Directors is scheduled to meet on Saturday, May 30, 2026.The primary agenda for the meeting is to consider and approve the Audited Standalone and Consolidated Financial results of the Company for the Quarter and Year ended March 31, 2026. The board will also review the draft Directors' Report and discuss any other businesses with the permission of the Chairperson.In addition to the financial review, the company also provided an update regarding its trading window rules for Designated Persons. The trading window for all Designated Persons and their immediate relatives was closed effective April 15, 2026...

MTAR Technologies Secures International Purchase Orders Worth Rs. 467.30 Crores MTAR Technologies Ltd. announced on May 22, 2026, that it has received substantial purchase orders valued at Rs. 467.30 Crores (USD 48.68 million). The orders represent a continuation of regular business from an existing international customer.The company confirmed that the contracts awarded are of an international nature, and the total value of the orders is substantial, contributing significantly to the firm's business pipeline. The details surrounding the purchase orders, including the nature of the client and the execution timelines, were provided by the company.The transactions are noted as not falling within related party arrangements, and the...

Seamec Ltd's Barge 'SEAMEC GLORIOUS' Off-Hired After Charter Completion Seamec Ltd has confirmed that its barge, 'SEAMEC GLORIOUS', was off-hired effective May 22, 2026. The off-hiring marks the successful completion of the charter agreement with M/s. Larsen & Toubro Limited.The company confirmed that the barge officially ceased its charter duties starting at 00:00 hrs on May 22, 2026.The details of the recent transaction are as follows:DetailDescriptionAssetBarge 'SEAMEC GLORIOUS'TransactionOff-hiredEffective Date & TimeMay 22, 2026, 00:00 hrsCharter PartnerM/s. Larsen & Toubro LimitedThe completion of this charter marks the key operational update for Seamec Ltd.SEAMECLTD Stock Price Movement Shares of Seamec...

Felix Industries’ Subsidiary Secures Landmark Hazardous Waste Management Contract in Oman Felix Industries Limited's subsidiary, Felix Industries LLC, Oman, has secured a significant contract with OQ8 (Duqm Refinery and Petrochemical Industries Company L.L.C.) in Oman. The agreement covers the comprehensive treatment, recycling, and environmentally safe disposal of hazardous waste, marking a major strategic milestone for the group.The contract award strengthens Felix Group's international footprint in the environmental management and hazardous waste treatment industry. The achievement reinforces the company's reputation as a technically competent partner capable of delivering sustainable, safe, and regulatory compliant waste...

Haryana Pollution Board Issues Order for Environmental Compensation to Jubilant FoodWorks Jubilant FoodWorks Limited received an order from the Haryana State Pollution Control Board concerning the operation of one of its stores in Faridabad, Haryana. The directive mandated the company to deposit a specific sum as environmental compensation.The order, issued by the Haryana State Pollution Control Board, relates to the operation of a store located in Ballabgarh, Faridabad, Haryana, without possessing a prior Consent to Operate (CTO) for both Air and Water pollution.The details of the action, the violation, and the compensation amount are summarized below:ParticularsDetailsAuthority NameHaryana State Pollution Control Board...

PFL Infotech Ltd to Hold Board Meeting on May 30, 2026; Approves FY26 Results PFL Infotech Limited has scheduled a Board Meeting for Saturday, May 30, 2026. The meeting is slated to consider and approve the company's Audited Financial Results for the quarter and full financial year ended March 31, 2026.The primary focus of the board meeting will be the review and approval of the standalone audited financial results for the fiscal year concluding March 31, 2026. Additionally, the board will have an opportunity to discuss any other matter with the permission of the Chairman.In a separate operational update concerning market compliance, the company confirmed that the trading window for dealing in its securities was closed from April 1...

Suzlon Energy Reaches Near 9 GW in 3 MW Platform Sales with 195 MW Order from Sunsure Energy Suzlon Energy Limited announced that its sales of its highly successful 3MW platform have reached nearly 9 GW, following the acquisition of a 195 MW repeat order from Sunsure Energy. This milestone underscores strong and sustained market adoption for the Suzlon 3X platform.The new order builds upon the existing partnership, bringing the cumulative collaboration between Suzlon and Sunsure to nearly 300 MW across Maharashtra and Karnataka, with expectations of further growth.The project involves the supply of 65 state-of-the-art S144 wind turbine generators (WTGs), each rated at a 3.0 MW capacity. Suzlon will manage the entire scope, including...

Transcorp International Posts Record Earnings for Q4 and FY26, Declares 30% Dividend; Gains Access to Central Payment Systems Jaipur, May 21, 2026: Transcorp International Limited announced its financial results for the quarter and year ended March 31, 2026, reporting all-time high earnings from business operations. The Company highlighted strong profitability growth, declared a total dividend of 30%, and gained access to key payment infrastructure through the Reserve Bank of India (RBI).The strong financial performance reflects consistent growth in profitability, disciplined cost management, and healthy cash flows across the quarter and the full financial year.Financial Performance Highlights For the standalone quarter ending March...

Morgan Ventures Ltd. Board Meeting Scheduled to Approve FY26 and Q4 Results Morgan Ventures Ltd. announced that its Board of Directors has scheduled a meeting to consider the audited financial results for the fourth quarter and the full financial year ending March 31, 2026.The meeting is set to take place on Friday, May 29, 2026, at 3:30 PM at the company’s registered office located at 37, Ring Road, Lajpat Nagar-IV, New Delhi 110024.During the board meeting, the company will approve several key financial documents, including:The Audited Financial Results (Standalone) for the fourth quarter ended March 31, 2026. The Audited Financial Statements (Standalone) for the year ended March 31, 2026.The company also provided an update...

Jubilant FoodWorks Receives Order from Haryana Pollution Control Board Regarding Store Operations Jubilant FoodWorks Limited, a Jubilant Bhartia Company, has received an order from the Haryana State Pollution Control Board concerning the operation of its store in Ballabgarh, Faridabad, Haryana. The Board issued the order on May 12, 2026, addressing the company for operating the location without obtaining prior consent to operate for Air and Water.The violation detailed in the communication pertains to operating the store without securing prior consent under the Water (Prevention and Control of Pollution) Act, 1974, and/or the Air (Prevention and Control of Pollution Act, 1981).The Haryana State Pollution Control Board directed...

Rapid Fleet Management Services Announces Audited Financial Results for FY26 and H2FY26 Rapid Fleet Management Services Limited, a Chennai-headquartered B2B road transportation company listed on the NSE SME platform, has announced its Audited Financial Results for the Financial Year ended March 31, 2026.The company’s performance was driven by strong execution across its existing customer base, which spans sectors including FMCG, the automobile industry, electronics, white goods, and renewables.Audited Financial Performance For the Financial Year 2026, the company reported robust growth across key financial metrics.Metric (in Lakhs)FY26Year-over-Year GrowthRevenue20,435.081851%EBITDA2,841.3220.45%PBT1,667.8123.0%...

Transformers And Rectifiers Secures Order Worth Rs. 228.26 Crore from GETCO Transformers And Rectifiers (India) Limited announced the receipt of a substantial order valued at Rs. 228.26 Crore. The contract was awarded by the Gujarat Energy Transmission Corporation Limited (GETCO) for the manufacturing of key electrical components.The contract details indicate that the order is for 6 Transformers and 2 Reactors, along with associated related work. The company stated that the transaction falls under the normal course of business and does not constitute a related party transaction.The order is designated as being provided by a domestic entity, and the anticipated delivery timeline for the Transformers and Reactors is on or before...

Fujiyama Power Systems Approves 1.2 GW TopCon Solar Cell Facility at Ratlam, Madhya Pradesh Fujiyama Power Systems Limited, a leading provider of rooftop solar solutions in India, announced that its Board has approved the setting up of a 1.2 GW TopCon solar cell manufacturing facility at its Ratlam Plant in Madhya Pradesh. The expansion significantly boosts the company's integrated manufacturing capabilities across the solar value chain.The company, which specializes in solar panels, inverters, batteries, chargers, and power-electronics systems, currently operates a 1 GW Mono PERC solar cell manufacturing facility at its Dadri plant in Uttar Pradesh. The addition of 1.2 GW of TopCon capacity at Ratlam will substantially enhance...

LTM to Acquire Randstad's Technology and Consulting Services in Europe and Australia LTM Limited, formerly LTIMindtree Limited, and Randstad have announced a major collaboration, with LTM issuing an offer to acquire Randstad's Technology and Consulting Services business across Europe and Australia. The proposed acquisition aims to scale domain-driven solutions and AI services for LTM.The deal is valued at USD 500+ million (€469M) in annual revenue. Following the acquisition, LTM's presence will expand in key markets, specifically across Aerospace & Defence, Automotive, Utilities, and BFS.The proposed acquisition will be executed through LTM's wholly owned subsidiary, LTIMindtree UK Limited, and involves targeting Randstad's IT...

WABAG Secures Design, Build, and Operation Order for Delhi’s Wastewater Treatment Plant VA Tech Wabag Limited, a pure-play water technology Indian Multinational Group, has secured a 'medium' value Design, Build, Operate (DBO) order from the Delhi Jal Board (DJB). The contract involves the comprehensive management of a State-of-the-Art Wastewater Treatment Plant (WWTP) at Mitraon in Delhi.The agreement encompasses Design, Engineering, Construction and Commissioning (EPC), followed by Operation & Maintenance (O&M) services. The project covers a 17 MGD WWTP, along with associated infrastructure, including a Sludge Dewatering Facility, Pumping Stations, and related piping works.The WWTP represents a significant infrastructure initiative...

RPG Life Sciences Announces Annual Investor Conference 2026 RPG Life Sciences Ltd has scheduled its Annual Investor Conference for 2026. The company has provided details regarding the event, which is set to take place in person.The RPG Annual Investor Conference 2026 is scheduled for May 26, 2026. The meeting is structured to facilitate both one on one and group discussions with investors.The details of the upcoming Investor Conference are presented below:DateEventModeNature of MeetingMay 26, 2026RPG Annual Investor Conference 2026In PersonOne on One/Group MeetRPGLIFE Stock Price Movement RPG Life Sciences Limited shares slipped by 1.30% on Thursday, settling at ₹2274.2. The stock recorded a total volume of 3,758 shares...

Dalmia Bharat acquires 5.2 MnTPA cement capacity, targeting pan-India expansion Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has executed a Business Transfer Agreement for the acquisition of multiple cement plants located in the Central Region. The acquisition, valued at an Enterprise Value of Rs 2,850 Cr, significantly boosts Dalmia Bharat’s cement manufacturing capacity and supports the company’s goal of becoming a pan-India player.The agreement was executed on May 21, 2026, with Jaiprakash Associates Limited (JAL), which was acquired by the Adani Group under the Insolvency & Bankruptcy Code, and Adani Infra (India) Limited.Capacity and Asset Details The acquired cement undertaking comprises...

GMR Power and Urban Infra Reports FY26 Financial Results Amid Strategic Focus on Smart Mobility and Renewable Energy GMR Power and Urban Infra Limited reported its audited financial results for the quarter and year ended March 31, 2026. The company highlighted key operational performance across its energy, smart metering, and urban infrastructure segments, alongside strategic corporate developments in renewable energy and asset monetization.Financial Performance Summary GPUIL achieved a Total Income of INR 77.5bn in FY26, marking a 13% year-over-year (YoY) increase. For the fourth quarter of FY26 (Q4FY26), Total Income was INR 20.7bn, reflecting an 11% YoY rise and a 3% quarter-over-quarter (QoQ) increase.Key consolidated financial...