Markets

Touchwood Entertainment Limited Appoints Rishabh Mishra as Company Secretary and Key Managerial Personnel Touchwood Entertainment Limited announced the appointment of Mr. Rishabh Mishra as the Company Secretary and Compliance Officer, designated as Key Managerial Personnel (KMP). The appointment was approved by the company’s Board of Directors during a meeting held on May 21, 2026.The Board formally approved the appointment of Mr. Mishra (Membership No. ACS 80568) as the Company Secretary and Compliance Officer, effective May 21, 2026. Following this appointment, Mr. Mishra will also serve as one of the authorized officials responsible for determining the materiality of events or information and making necessary disclosures to the...

Prudential Sugar Corporation, Deccan Star, and Others Announce Key Corporate Updates Multiple companies released significant operational and corporate announcements, including Prudential Sugar Corporation Limited's board meeting for financial results, a major petition for amalgamation, and key tender invitations from the electrical sector.Corporate Governance and Financial Results Prudential Sugar Corporation Limited announced that its Board of Directors meeting is scheduled for Saturday, May 30, 2026. The meeting aims to consider and approve the Audited Standalone and Consolidated Financial Results of the company for the 4th Quarter and Year Ended March 31, 2026, along with the Statutory Auditors Report. A notice regarding the...

Century Enka Limited Board Approves FY Results, Recommends Dividend, and Appoints New Statutory Auditors Century Enka Limited announced key outcomes from its Board of Directors meeting held on May 21, 2026. The Board approved the audited financial results and statements for the quarter and full financial year ended March 31, 2026. The Board also recommended a dividend and approved changes in the company's senior management and statutory audit partners.Corporate Governance and Appointments During the meeting, the Board of Directors approved several critical corporate governance matters.Statutory Audit Appointment: The Board approved the appointment of M/s. Singhi & Co., Chartered Accountants (Firm's Registration No. 302049E), as the...

Pansari Developers Limited Pays Rs. 3,540 SOP Fine Due to Reporting Delay Pansari Developers Limited announced on May 21, 2026, that it has incurred an operational fine following a non-compliance issue reported by the National Stock Exchange of India Limited (NSE).The company confirmed the receipt of an SOP Fine totaling Rs. 3,540 (inclusive of GST). This fine was issued by the NSE following a notice received on May 20, 2026.The levy of the Standalone Operating Procedures (SOP) fine relates to a violation concerning the timely filing of investor documentation. Specifically, the delay was associated with the Statement of Investor Complaints for the quarter that concluded on March 31, 2026.The fine represents a quantifiable...

Rashtriya Chemicals and Fertilizers Limited Approves Financial Results and Recommends Dividend Rashtriya Chemicals and Fertilizers Limited (RCF), a Government of India undertaking, announced on May 21, 2026, that its Board of Directors reviewed and approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026.During the meeting, the board recommended a final dividend of Rs. 1.34 per equity share of Rs. 1.01 each. This dividend represents 13.40% on the paid up equity share capital for the financial year ended March 31, 2026. The dividend remains subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) and would be paid within 30 days from the date of...

Akshar Spintex Limited Makes Voluntary Payment of Penalty to Bombay Stock Exchange Akshar Spintex Limited has made a voluntary payment of a penalty to the Bombay Stock Exchange of India Limited (BSE). The management initiated the payment to adhere to good governance practices.The penalty pertains to violations committed regarding corporate compliance standards between late 2025 and early 2026. The company voluntarily paid the penalty to BSE, following the finding that there was no formal instruction for the payment.The penalty was imposed by the BSE for non-compliance with specific regulations. The violations and the resulting fines are detailed below:Sr. No.Details RequiredViolation DetailsPenalty Amount/Details1Name of the...

Apollo Hospitals Enterprise Limited Approves Re-appointment of Independent Director Rama Bijapurkar Apollo Hospitals Enterprise Limited has approved the re-appointment of Ms. Rama Bijapurkar as an Independent Director for a second consecutive term. Ms. Bijapurkar’s first five-year term as an Independent Director is set to expire on November 12, 2026.The Board of Directors approved the re-appointment proposal, based on the recommendation of the Nomination and Remuneration Committee. The proposed second term will span five years, commencing from November 12, 2026, and concluding on November 11, 2031. This appointment is subject to receiving approval from the Company's shareholders through a special resolution at the forthcoming Annual...

Igarashi Motors India Announces FY 2026 Results and Recommends Dividend of Rs 1.30 Per Share Igarashi Motors India Limited announced its audited financial results for the quarter and year ended March 31, 2026, and reported the Board's recommendation of a final dividend for the financial year 2025-26. These outcomes were formalized during a Board meeting held on May 21, 2026.The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, as per Ind AS format. The company also approved the appointment of professionals to key auditing roles for the coming years.Dividend Recommendation and Board Approvals The Board of Directors recommended a final dividend of Rs. 1.30 per equity share, with a...

Xchanging Solutions Limited Approves FY Results, Recommends Dividend, and Names New Statutory Auditors Xchanging Solutions Limited announced key decisions following its Board of Directors meeting held on May 21, 2026. The Board approved the Audited Financial Results and financial statements for the quarter and full financial year ended March 31, 2026. The Board also recommended a final dividend and approved key appointments relating to its management and statutory audit structure.Financial Performance and Dividend RecommendationThe Board of Directors approved the Audited Standalone and Consolidated Financial Results, along with the financial statements for the financial year ended March 31, 2026.Regarding the dividend, the Board...

Marsons Limited Wins International Contract for 200 MVA Power Transformer, Submits Repair Estimates Marsons Limited announced that it has received a Letter of Award/Purchase Order from a US-based Solar Energy Developer. The contract is for the supply of a 200 MVA 115 kV Power Transformer, intended for installation at a Solar Power Project in Cherokee County, Alabama, USA. The awarded Purchase Order is valued at INR 29,84,99,000.00, which is equivalent to USD 3.1 million.In addition to the major contract award, Marsons Limited also submitted a detailed offer estimate for the repair and services related to a Marsons Make' 630 kVA, 33/ 0.415 kV Station Service Transformer (Yom: 2008). This offer sheet covers various inspection, testing...

Adani Power Signs Agreements for Acquisition of Jaiprakash Assets Adani Power Limited has entered into definitive agreements with Jaiprakash Associates Limited (JAL) to acquire specific power assets and investments, as part of the implementation of the Approved Resolution Plan for JAL.These agreements cover two main transactions: the acquisition of a significant stake in Jaiprakash Power Ventures Limited (JPVL), and the purchase of JAL's 180 MW thermal power plant located in Churk, along with other associated assets.Under the Share Purchase Agreement, Adani Power will acquire a 24% shareholding in JPVL, a listed entity held by JAL. Simultaneously, a Business Transfer Agreement is in place for the acquisition of the 180 MW thermal...

Tejas Networks Partners with MahaIT to Develop Telecom Talent Across Maharashtra Bengaluru, May 21, 2026: Tejas Networks today established a partnership with the Maharashtra Information Technology Corporation Limited (MahaIT). The collaboration is aimed at jointly providing world-class training and certification in emerging telecom technologies to engineering students throughout Maharashtra, with a specific focus on underserved regions of the state.The Memorandum of Understanding (MoU) was signed at the 'TechMahaImpacT 2026', Maharashtra's premier CSR & Technology Conclave, held in Mumbai. The event was attended by Shri Devendra Fadnavis, Hon'ble Chief Minister of Maharashtra, and Adv. Ashish Shelar, Hon'ble Minister of IT, Government...

Nucleus Software Exports Announces Financial Results and Re-appointment of Managing Director Nucleus Software Exports Limited held a Board of Directors meeting on May 21, 2026, during which the company approved its financial results for the quarter and the year ended March 31, 2026. Additionally, the board recommended a final dividend and approved the re-appointment of its Managing Director.Financial Results and Dividend Recommendation The Board of Directors, after reviewing the financial records, approved the audited standalone and unaudited consolidated results for the quarter ended March 31, 2026. Furthermore, the company approved the audited standalone and audited consolidated results for the full year ended March 31, 2026...

Aakaar Medical Technologies Sets Dates for 13th Annual General Meeting Aakaar Medical Technologies Limited has announced key dates for its 13th Annual General Meeting (AGM), scheduled for June 30, 2026. The meeting is slated to take place at 3:00 PM IST via video conferencing.The company confirmed that the AGM will address several business matters as outlined in the notice of the meeting.In connection with the upcoming 13th AGM, Aakaar Medical Technologies Limited has specified two crucial dates for determining shareholder eligibility.PurposeDateRecord Date for determining shareholders entitled to receive Notice of AGMFriday, May 29, 2026Cut-off Date for determining eligibility of shareholders for remote e-voting /...

Mohini Health & Hygiene Limited Incorporates Subsidiary for Acquisition in Resolution Plan Mohini Health & Hygiene Limited has completed the incorporation of a new subsidiary, Dhananya Capital Private Limited. This move facilitates the acquisition of Winsome Yarns Limited, which is a corporate debtor for which a Resolution Plan has been approved by the Honourable NCLT under the Insolvency and Bankruptcy Code, 2016.The acquisition involves the subsidiary subscribing to equity shares in the target entity.Mohini Health & Hygiene Limited acquired a 51% stake in the target entity through a cash consideration payment. The transaction is focused on the acquisition of a company under Corporate Insolvency Resolution Process (CIRP) and...

Hybrid Financial Services Approves FY2026 Results, Plans Director Appointment Hybrid Financial Services Limited held a Board of Directors meeting on Thursday, May 21, 2026, where the Board approved the audited financial results for the year ended March 31, 2026. During the meeting, the company also considered major corporate actions, including the redemption of preference shares and the appointment of a new Whole Time Director.The Board noted that the Company's statutory auditors, M/S. S. Ramanand Aiyar & Co, issued an Audit Report with an unmodified opinion on the financial statements.Financial Performance Highlights (Year Ended March 31, 2026) The Board presented the audited financial results, providing comparative data across...

Hariom Pipe Industries Board Approves Preferential Issue of Warrants and AOA Amendments On May 21, 2026, the Board of Directors of Hariom Pipe Industries Limited met and approved several key business items, including the issue of warrants convertible into equity shares to promoter category members and amendments to the company's Articles of Association (AOA).The board meeting, which commenced at 2:00 pm (IST) and concluded at 2:45 pm (IST), considered and approved the following major business items:1. Warrants Issue: Approval for the Issue of Warrants Convertible into Equity Shares to Persons belonging to the Promoter Category on a Preferential basis, subject to subsequent approval by the members. 2. AOA Alteration: Approval for...

RateGain Reports High Quarterly Revenue of INR 715.5 Cr in Q4 FY26, Attributes Growth to AI and Sojern Integration RateGain Travel Technologies Limited, a global provider of AI-powered SaaS solutions for the travel and hospitality sector, reported robust quarterly performance for the quarter and financial year ended March 31, 2026. The strong growth was attributed to the sustained momentum of its AI-led platform strategy and the continued progress in integrating Sojern.The company noted that its integration efforts are progressing as anticipated, generating early opportunities across cross-sell initiatives, unified data capabilities, and expanded enterprise engagement. The combined integration of Adara and Sojern has solidified...

Vibhor Steel Tubes Reports 16.24% Surge in Q4 FY26 Operating Income to Rs 335.13 crore Haryana-based high-quality steel tubes and pipes manufacturer, Vibhor Steel Tubes Ltd (VSTL), posted a 16.24 per cent growth in its standalone operating income, reaching Rs 335.13 crore for the quarter ending March 31, 2026. This figure compares favorably to the Rs 288.30 crore reported in the same quarter last year.During the quarter under review, the company's EBITDA increased by 26.15 per cent, totaling Rs 15.34 crore. However, net profit declined by 42.12 per cent, falling to Rs 2.57 crore, compared to Rs 4.44 crore in the previous year. The decline in net profit was attributed to increased finance and depreciation costs due to the commencement...

HCLTech Named Citrix GSI of the Year for Digital Transformation Support NEW YORK and NOIDA, India, May 21, 2026 - HCLTech, a global technology provider, has been recognized as the Citrix GSI of the Year. The award acknowledges the company's significant contribution to supporting enterprise digital workplace transformation and cloud adoption through the use of Citrix technologies.The recognition highlights HCLTech's deep collaboration with Citrix. This partnership has encompassed everything from early stage product co-development and solution validation to comprehensive enterprise wide transformation programs. HCLTech utilizes its unified virtual workspace solution, combined with Citrix virtualization technologies, enabling client...