Markets

Juniper Hotels Reports Strong Performance with Record Revenue in Q4 and Full Year FY26 Mumbai, 21 May 2026: Juniper Hotels Limited, a premier luxury focused hospitality company, announced its audited financial results for the quarter and full year ended March 31, 2026. The company reported robust growth across key metrics, with annual revenues reaching a record high.Q4 FY26 Financial Performance Snapshot The financial results show significant year-over-year growth in several key areas. The operational metrics for Q4 and the full fiscal year (FY26) are detailed below:Key Financial Highlights (INR Crs)ParticularsQ4 FY26Q4 FY25Y-o-YFY26FY25Y-o-YTotal Income306.8287.0+7%1,069.1975.610%EBTIDA (incl. other...

ICRA Limited Announces Final Dividend, Releases Audited Financial Results for FY 2026 ICRA Limited announced the release of its audited financial results for the fourth quarter and full year ended March 31, 2026. Following its Board of Directors meeting on May 21, 2026, the company also recommended a final dividend to its shareholders.The Board of Directors recommended a final dividend of Rs. 105 per equity share (face value Rs. 10 each) for the financial year ending March 31, 2026. This dividend includes a special dividend of Rs. 35 per equity share, designated to commemorate the company's 35th year of operation. The recommended dividend is expected to be paid on or before August 21, 2026, assuming approval at the Annual General...

Happy Forgings Reports Robust Growth in Q4 FY26, With Volumes Up 21% and Revenue Rising 20% Happy Forgings Limited, a prominent manufacturer of high-precision, safety-critical, heavy-forged, and machined components in India, announced its audited consolidated financial results for the quarter and full year ending March 31, 2026. The company reported strong execution in Q4 FY26, with significant year-over-year (YoY) increases across key metrics.The company’s financial performance demonstrated robust growth in the quarter, driven by increased volumes and improved operating efficiency.Financial Performance HighlightsThe audited consolidated Profit & Loss figures for the quarter and year ending March 31, 2026, are detailed below...

Emami Limited Reports Q4FY26 Results: Domestic Portfolio Shows 11% Growth Amid Global Headwinds Emami Limited, India's leading FMCG company, reported its audited financial results for the fourth quarter and full fiscal year ended March 31, 2026. While the consolidated figures saw declines due to seasonal and geopolitical factors, the company highlighted the resilience of its non-summer domestic portfolio and accelerated strategic investments into new-age consumer segments.The Board of Directors of Emami Limited met on Thursday, May 21, 2026, to review the quarterly performance. The company noted that despite temporary external headwinds, its underlying business fundamentals remain strong, positioning it for long-term growth...

Par Drugs and Chemicals Receives Intimation Order Under Income Tax Act; Company Initiates Rectification Process Par Drugs and Chemicals Limited reported on May 21, 2026, that it received an Intimation Order from the Income Tax Department under Section 143(1) of the Income Tax Act, 1961. The order detailed certain additions and disallowances made to the company's taxable income.According to the company, the Intimation Order required additions/disallowances aggregating to Rs. 58,78,360/- to the taxable income. This resulted in an initial tax demand of Rs. 14,79,466/- and associated interest of Rs. 5,29,563/-, totaling a preliminary demand of Rs. 20,09,030/-.The Intimation Order was downloaded by the company on May 21, 2026, at 12:15...

Durlax Top Surface Limited Reports Financial Results and Details Utilization of Rights Issue Proceeds Durlax Top Surface Limited reported its annual audited standalone financial results and provided a statement regarding the utilization of funds raised through a recent Rights Issue. The Board of Directors approved the results during a meeting held on May 21, 2026.The company disclosed that for the half year and year ended March 31, 2026, the Statutory Auditor, M/s. N.K. Mittal & Associates, issued an Audit Report with an unmodified opinion on the financial statements.Financial Results Highlights The audited standalone financial results for the half year and year ended March 31, 2026, showed significant activity across key financial...

IIFL Finance Limited Pays ₹3,10,000 Penalty to RBI for Non-Compliance IIFL Finance Limited recently addressed a penalty imposed by the Reserve Bank of India (RBI) concerning non-compliance with specific banking regulations. The company confirmed that it paid the stipulated penalty to the RBI on May 16, 2026.The penalty was levied by the RBI vide an order dated May 11, 2026, for non-compliance with certain provisions of the 'Master Direction- Reserve Bank of India (Non-Banking Financial Company - Scale Based Regulation) Directions, 2023'.Details of the Penalty and Non-Compliance The penalty was imposed by the RBI under powers conferred on it via section 58G(1)(b) read with section 58B(5)(aa) of the Reserve Bank of India Act, 1934...

Mega Flex Plastics Details Tax Litigation Update Following Calcutta High Court Ruling Mega Flex Plastics Limited has provided details concerning a material litigation dispute related to the classification and taxation of its products, following a judgment passed by the Calcutta High Court.The legal dispute centers on the GST classification of polypropylene leno bags. The company initially had to make a payment of Rs. 6,57,38,093/- under protest, concerning a differential GST amount. This payment was necessitated by an order dated 25-10-2018 from the West Bengal Appellate Authority for Advance Ruling, which classified PP Leno Bags under Heading 63053300 (taxed at 5% or 12%), rather than the company's preference for Chapter Heading...

DCM Shriram International Approves FY 2026 Results and Recommends Final Dividend DCM Shriram International Limited announced key corporate resolutions following its Board meeting held on May 21, 2026. The Board approved the Annual Financial Statements and the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. Additionally, the directors recommended a final dividend for the financial year 2025-26.The company also set the date for its 4th Annual General Meeting (AGM) on Thursday, July 16, 2026, which will be held via Video Conference/Other Audio-Visual Means.Key Financial Approvals and Dividend During the board meeting, the company’s Audit Committee recommended and the Board approved...

Namo Ewaste Management Limited Announces Audited Financial Results for Half Year and Year Ended March 31, 2026 Namo eWaste Management Limited announced the outcome of its Board of Directors meeting held on May 21, 2026, and submitted the audited Standalone and Consolidated Financial Results for the half year and the year ended March 31, 2026.At the Board meeting, the company considered and approved several key corporate matters. These approvals included the audited Standalone and Consolidated Financial Results and Statements for the half year and year ended March 31, 2026, which carried an unmodified opinion from the Statutory Auditors.Operationally, the Board also approved the appointment of CA Saket Agarwal (M. No. 439183) as the...

RCF Board Approves 13.40% Final Dividend Amid Record Performance for FY26 Rashtriya Chemicals and Fertilizers Limited (RCF), a Government of India Undertaking, announced its financial results for the quarter and year ended March 31, 2026. The Board of Directors reviewed and approved the audited financial results, simultaneously recommending a final dividend of 13.40% on the paid up equity share capital for the fiscal year 2025-26.The Board meeting, held on May 21, 2026, also saw the company's statutory auditors issue an unmodified opinion on the consolidated and standalone financial statements for the period. The final dividend recommendation of Rs. 1.34 per equity share (of Rs. 10 each) remains subject to the approval of the...

Dolat Algotech Limited Announces Audited Financial Results for Quarter and Year Ended March 31, 2026 Dolat Algotech Limited announced the audited financial results for the quarter and the full year ended March 31, 2026. The Board of Directors approved the financial statements, accompanied by audit reports that provided an unmodified opinion on the results.The company provided comprehensive financial results for both consolidated and standalone entities, outlining performance metrics for the quarter ended March 31, 2026, and the full fiscal year compared to the previous year's audited figures.Financial Performance Summary Consolidated Financial Results The consolidated results for the quarter and year ended March 31, 2026, reflected...

SEBI Re-engineers Price Discovery: Major Changes Slated for IPO and Re-listed Scrips The Securities and Exchange Board of India (SEBI) has initiated a comprehensive review of the market mechanisms governing price discovery for Initial Public Offerings (IPOs) and re-listed scrips. The regulator released a detailed consultation paper on May 21, 2026, seeking public input on fundamental changes to the pre-open Call Auction Session.The paper’s core objective is to refine how the equilibrium price is determined for newly listed and previously suspended securities. These changes are critical for ensuring market efficiency and preventing the artificial suppression of asset valuations.Addressing Price Discovery Flaws in Listing Auctions...

Sandhar Technologies Approves FY26 Results, Recommends Dividend; Plans Expansion in Telematics Sandhar Technologies Limited announced the key outcomes of its Board of Directors meeting held on May 21, 2026. The board approved the audited standalone and consolidated financial results for the financial year ended March 31, 2026.The Company also recommended a final dividend for the financial year 2025-26 and initiated discussions regarding future opportunities in the electronics and telematics sectors.Financial Results and Dividend Declaration The Board of Directors reviewed and approved the audited financial results for the standalone and consolidated entities for the quarter and year ended March 31, 2026. The statutory auditors...

Supreme Court Judgment Upholds Penalty on Talwandi Sabo Power Limited; ₹127 Crore Payable The Hon'ble Supreme Court of India has delivered a judgment concerning Talwandi Sabo Power Limited (TSPL), an entity whose equity shares are in the process of listing following the demerger of the Merchant Power Undertaking from Vedanta Limited. The ruling, passed on May 20, 2026, relates to an appeal filed by Punjab State Power Corporation Limited (PSPCL) and Punjab State Load Despatch Centre (PSLDC).The judgment addressed Civil Appeal Nos. 7436 and 7432 of 2025. In the ruling, the Supreme Court set aside a previous judgment dated March 18, 2025, issued by the Appellate Tribunal for Electricity (APTEL). Furthermore, the Court restored the...

RCF Board Approves Financial Results and Recommends Final Dividend for FY 2026 Rashtriya Chemicals and Fertilizers Limited (RCF), a Government of India Undertaking, announced on May 21, 2026, that its Board of Directors approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026.In the meeting held on May 21, 2026, the Board also recommended a final dividend for the financial year ended March 31, 2026. The recommended final dividend stands at Rs. 1.34 per equity share of Rs. 1.01 each. This dividend represents 13.40% on the paid up equity share capital. The payment of this final dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) and...

Onward Technologies Faces Penalty of ₹10,00,000 for Procedural Export Documentation Delay Onward Technologies Limited has received an Order-in-Original from the Office of the Joint Development Commissioner, SEEPZ-SEZ, Mumbai, imposing a monetary penalty following procedural delays related to export transactions.The order was passed under Section 11(2) of the Foreign Trade (Development and Regulation) Act, 1992, and details a delay in filing SOFTEX Forms. The company received the order on May 20, 2026.According to the authority, the violation involved a delay in filing 270 SOFTEX Forms, which relates to procedural compliance under applicable RBI regulations and SEZ Rules, 2006. For this lapse, the Joint Development Commissioner...

Sudeep Pharma Limited Announces Financial Results and Recommends Final Dividend for FY 2026 Sudeep Pharma Limited announced significant corporate decisions following its Board of Directors meeting held on May 21, 2026. The Board considered and approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026.The Board also recommended a Final Dividend of Rs. 1.50 per equity share, representing 150% of the face value of Rs. 1 per share, for the financial year ended March 31, 2026, subject to the approval of shareholders at the upcoming Annual General Meeting.Financial Performance Summary The company presented its consolidated financial results for the year ended March 31, 2026. The...

The Indian Hotels Company Limited to Hold 125th AGM, Recommends Dividend of ₹3.25 per Share The Indian Hotels Company Limited (IHCL) announced details regarding its 125th Annual General Meeting (AGM) and the recommended dividend for the financial year 2025-26.The 125th AGM of The Indian Hotels Company Limited is scheduled to take place on Tuesday, June 30, 2026. The meeting will be held at 10:30 a.m. IST via Video Conferencing/Other Audio-Visual Means.The Board of Directors has recommended a dividend of ₹3.25 per equity share of ₹1/ - each. This dividend payment is subject to approval by the shareholders at the AGM and will be disbursed, subject to deduction of applicable tax at source, on and from Friday, July 3, 2026.A key date...

RateGain Travel Technologies Approves Audited Financial Results for FY26 RateGain Travel Technologies Limited announced the approval of its audited financial results for the Quarter and Financial Year ended March 31, 2026. The Company also released the audited Consolidated Financial Results, confirming the Group's operational scope and financial standing.The Board of Directors considered and approved the financial results, which were audited by Deloitte Haskins & Sells LLP. The Company Chairman and Managing Director, Bhanu Chopra, and Deputy CFO (Interim CFO), Ankit Aggarwal, declared that the statutory auditors issued an Audit Report with an unmodified opinion on both the Standalone and Consolidated Financial Results for the period...