Markets

AstraZeneca Gains Approval for Calquence in Treating Mantle Cell Lymphoma AstraZeneca Pharma India Limited has received significant regulatory permission for the continued sale and distribution of a key oncology drug. The company confirmed that it obtained clearance from the Central Drugs Standard Control Organization, Directorate General of Health Services, Government of India, for an additional indication of its product.The approval covers Acalabrutinib maleate tablets 100 mg, which is marketed under the brand name Calquence ®. This development significantly expands the therapeutic scope of the medicine within India.New Indication for Mantle Cell Lymphoma The new indication allows for the use of Acalabrutinib in combination with...

Juniper Hotels Limited Pays Fine Regarding Board Composition Compliance Juniper Hotels Limited has reported on the non-compliance issues related to its Board of Directors' composition, noting the payment of fines levied by the National Stock Exchange of India Limited (NSE) and BSE Limited.The company addressed the lapse concerning Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which pertains to the composition of the Board of Directors for the period spanning October 01, 2025, to December 17, 2025.The Board noted that the delay in compliance resulted in the levy of fines by both exchanges. The fine amount for the non-compliance was reported as ₹ 4,60,200/- (incl. GST) from NSE and ₹...

Kundan Minerals and Metals Report Conversion of Debentures in Subsidiary Entity Kundan Minerals and Metals Limited announced a significant corporate development involving its subsidiary, Kundan Gold Mines Private Limited (KGMPL). The Company reported that KGMPL allotted 39,39,370 Compulsory Convertible Debentures (CCD) on March 30, 2026. Following this allotment, KGMPL achieved the status of an Associate Company, a status which was further confirmed by a conversion event on May 20, 2026.The transaction also impacted another related entity. Kundan Minerals Care Private Limited, which operates as a subsidiary of KGMPL, also assumed the status of an Associate Company subsequent to the above transaction.The company provided detailed...

TechD Cybersecurity Launches TECHD ONE: AI-Native Unified Cybersecurity Platform TechD Cybersecurity Limited, a Managed Security Service Provider (MSSP) serving over 500 enterprise clients, has unveiled TECHD ONE, an AI-native unified cybersecurity platform. The platform, now available at techdefence.ai, is designed to converge four AI-driven security modules into a single operational fabric, aiming to eliminate tool sprawl and integration debt historically faced by enterprises in India.TECHD ONE Phase 1 launches with several production-ready modules, providing comprehensive coverage across multiple threat vectors.Key features of the initial rollout include:Module NameDescriptionFunctionalityDark Vector AIAI-powered...

Nucleus Software Exports Approves FY26 Results, Recommends Dividend, and Re-appoints Managing Director Nucleus Software Exports Limited announced key board meeting outcomes on May 21, 2026, including the approval of its financial results for the quarters and year ended March 31, 2026, a final dividend recommendation, and the re-appointment of Mr. Vishnu R Dusad as Managing Director.The company confirmed that the financial statements for both the quarter and the full year ended March 31, 2026, were reviewed by the Audit Committee and subsequently approved by the Board of Directors. The statutory auditors, M/s ASA & Associates LLP, issued an audit report providing an unmodified opinion on the Annual Audited Financial Results (Standalone...

Magellanic Cloud Establishes Subsidiary for UAV and Defence Technology Ventures Magellanic Cloud Limited announced the incorporation of a Special Purpose Vehicle (SPV), MCRAY XTEND INDIA PRIVATE LIMITED, through a strategic collaboration with Rayonix Tech Private Limited. The move aims to enhance the company's participation in the rapidly expanding indigenous UAV and defence technology sectors in India.The SPV, named MCRAY XTEND INDIA PRIVATE LIMITED, was incorporated following a Strategic Investment and Collaboration Agreement signed between Magellanic Cloud Limited and Rayonix Tech Private Limited. The new entity is designed to undertake various activities related to unmanned aerial vehicle (UAV) technology, defence technology...

Chandan Healthcare Clarifies Separation from Dayal Institute of Medical Sciences Chandan Healthcare Limited issued a clarification regarding the relationship between its entities and Dayal Institute of Medical Sciences Limited (DIMSL), following previous communication from May 20, 2026. The company stated that DIMSL, which was formerly known as Chandan Institute of Medical Sciences Limited, is presently not under the management or control of Chandan Healthcare Limited or its promoter group.The company reiterated that neither Chandan Healthcare Limited nor its present management participates in the affairs, management, or operations of DIMSL. Consequently, Chandan Healthcare Limited noted that no present management, operational, or...

Page Industries Reports 14.1% Revenue Growth in Q4 FY26, Hitting Strong EBITDA Momentum Page Industries Limited, India's leading apparel manufacturer, today announced its financial results for the fourth quarter and annual year ended March 31, 2026. The company reported robust growth, with revenue increasing by 14.1% year over year (YoY) in the quarter, while profitability metrics also saw healthy expansion.Financial Highlights for Q4 FY26 The company’s performance for the quarter ending March 31, 2026, showed significant volume growth alongside revenue increases.Key financial highlights for Q4 FY26 include:Sales Volume: Grew 10.8% YoY, amounting to 54.5 million pieces. Revenue: Reached Rs. 12,526 million, marking a 14.1% increase...

Honasa Consumer Reports 28% YoY Growth in Q4 FY26; EBITDA and PAT Double, Announces Maiden Dividend Honasa Consumer Ltd., India's leading beauty and personal care House of Brands, announced its audited financial results for the quarter and year ended March 31, 2026.The company stated that FY26 was characterized by efforts to strengthen the core and build a resilient growth engine. Management noted a strategic focus across six pillars: improving execution across Focus Categories, strengthening Product Superiority, scaling Hero Products, sharpening the content engine, rebuilding momentum in Offline Distribution, and unlocking Innovation Engines. These efforts, coupled with stronger execution discipline and targeted leadership hiring...

D. P. Abhushan Limited Reports Strong FY26 Results, Highlights 88% PAT Growth D. P. Abhushan Limited, a major player in the jewellery sector, announced its financial results for the fourth quarter and full year ended March 31, 2026. The company reported strong operational growth, citing an 88% year-on-year (YoY) increase in Profit After Tax (PAT) and a 77% EBITDA expansion for the fiscal year 2026.The company, which operates across 12 different geographies, maintains a legacy spanning 86 years and emphasizes purity and transparency in its product portfolio.Financial Performance Highlights The financial results indicate robust growth across key metrics. The following table summarizes the financial performance in ₹ Crore:MetricQ4...

Max Healthcare Reports Q4 FY26 Revenue of ₹ 2,664 Cr, EBITDA Rises to ₹ 682 Cr Max Healthcare Institute Limited announced its financial and operational results for the fourth quarter (Q4) and the full financial year (FY) ended March 31, 2026. The company reported that its Network gross revenue reached ₹ 2,664 Cr, marking a growth of +10% year-on-year (YoY).During the quarter, the Network Operating EBITDA stood at ₹ 682 Cr, reflecting an 8% YoY growth. Furthermore, the Network PAT increased to ₹ 387 Cr, showing a 3% YoY growth.Key Financial Highlights (Q4 FY26) The financial performance metrics for Q4 FY26 compared to previous periods are detailed below:MetricQ4 FY26 (₹ Cr)Q4 FY25 (₹ Cr)Q3 FY26 (₹ Cr)Growth (YoY)Gross...

DEE Development Engineers Reports Stellar Q4 FY26 Results, Sees 38% Revenue Growth DEE Development Engineers Limited, a leading engineering company specializing in customized process piping solutions, announced its audited financial results for the quarter and full year ended March 31, 2026. The company reported robust financial performance, driven by healthy execution momentum in the piping segment, particularly within the Oil & Gas and Power sectors.On May 21, 2026, the company highlighted that its revenue for the fiscal year 2026 stood at ₹ 1,142 Cr, marking a 38% Year-over-Year (YoY) growth. Operating EBITDA surged by 54.5% YoY to ₹ 191.2 Cr, and Profit After Tax (PAT) grew by 76.9% YoY to ₹ 77.2 Cr.The company reported a strong...

GE Power India Forges Strategic Agreements with Quality Profiles for Dedicated Manufacturing Facility GE Power India Limited has established a strategic partnership with Quality Profiles Private Limited (QPPL) through the signing of two major agreements, effective May 20, 2026. These arrangements solidify a dedicated operational and manufacturing base for specialized repair and refurbishment services.The agreements signed are a Leave and License Agreement (L&L Agreement) and a Contract Manufacturing Agreement (CMA). Under the L&L Agreement, GE Power India Limited grants QPPL the right to use specified land, sheds, and related infrastructure in Vadodara. This facility will facilitate the setup of operations and specialized...

E To E Transportation Infrastructure Announces FY 2026 Audited Results and Director Re-appointments E To E Transportation Infrastructure Limited announced the outcomes of its Board meeting held on May 21, 2026. The Board approved the audited financial results (both standalone and consolidated) for the half year and the full year ended March 31, 2026. Additionally, the Board approved the re-appointment of Non-executive Directors Mr. Vinay Rao and Mr. Anshul Gupta, who are retiring by rotation and who offered themselves for re-appointment, subject to member approval at the ensuing 17th Annual General Meeting (AGM).The company's statutory auditors, M/s. R Singhwi & Associates, Chartered Accountants, issued an audit report confirming an...

Juniper Hotels Limited Approves Strategic Acquisition and Approves Financial Results for FY2026 Juniper Hotels Limited announced several key corporate developments following its Board of Directors meeting held on May 21, 2026. The Board approved the audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended March 31, 2026. Furthermore, the company greenlit the acquisition of 100% equity share capital of Juniper Hospitality Assets Private Limited (JHAPL), which will subsequently become a wholly-owned subsidiary of the company.The company will enter into a Share Purchase Agreement (SPA) with JHAPL and its existing shareholders to finalize the acquisition.Financial Performance Snapshot The...

Platinum Industries Limited Unit at Palghar Commences Full Commercial Operations Platinum Industries Limited announced on May 21, 2026, that the manufacturing unit at Palghar has achieved full operational status following the commencement of commercial production at its remaining facility.The company reported that commercial production of the remaining manufacturing facility, located at Gut No. 496/2 & 560/2, Old Satpati Road, Shirgaon village, Palghar-401404, Maharashtra, began with effect from May 21, 2026. The establishment of this facility was listed as one of the core objectives of the Company's Initial Public Offer.The commencement of the remaining facilities marks a significant milestone for the company. Previously, partial...

WeWork India Reports Record FY26 Results, Achieving Net Debt Negative Status and High Occupancy WeWork India Management Limited, the industry leader in the flexible workspace sector, announced its audited financial results for the fourth quarter and full year ended March 31, 2026. The company closed its first listed financial year at record highs across both its operational and financial metrics.For the fiscal year 2026, the company reported a total revenue of ₹ 2,477.4 Cr, marking a 23.4% year-over-year increase. Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at ₹ 499.2 Cr, while profit after tax (PAT) reached ₹ 179 Cr.The fourth quarter (Q4) itself demonstrated strong performance, with revenue...

Sheetal Cool Products Reports Audited Financial Results for FY 2025-26; Gains ₹2,594.20 Lakh in Profit Before Tax Sheetal Cool Products Limited announced the approval of its standalone audited financial results, along with the statement of assets and liabilities, and cash flow statement for the quarter ended and the financial year ended March 31, 2026. The Board of Directors approved these results during a meeting held on May 21, 2026.The company's financial reports confirm a profit before tax of ₹2,594.20 Lakh for the financial year 2025-26. The quarterly results show key financial metrics, backed by an unmodified audit opinion from the statutory auditors.The consolidated financial results for the year ended March 31, 2026...

Gujarat Raffia Industries Declares Financial Results for the Quarter and Year Ended March 31, 2026 Gujarat Raffia Industries Limited announced the outcome of its Board of Directors meeting held on May 21, 2026. During the meeting, the company considered and approved the audited financial results for the quarter and year ended March 31, 2026, which were issued by M/s. KPSJ Associates & LLP, Statutory Auditors.The company also confirmed that the Statutory Auditors have not expressed any modified opinion regarding the audited financial results for the quarter and financial year ended March 31, 2026.Financial Highlights for FY 2026 The Statement of Audited Financial Results details the company's performance for the quarter and full...

Kshitij Polyline Completes Full Payment for Acquisition of Omkar Speciality Chemicals Kshitij Polyline Limited announced on May 21, 2026, that it has completed the full and final payment required for the acquisition of M/s Omkar Speciality Chemicals Limited. The payment was made in strict adherence to the Resolution Plan approved by the National Company Law Tribunal (NCLT), Mumbai Bench.The completion of this payment marks a significant milestone in the company's acquisition process. Kshitij Polyline Limited previously informed the market of the matter in an outcome dated February 11, 2026.The company confirmed that it will provide a further update to the National Stock Exchange of India Limited in due course upon the receipt of the...