Markets

Promoters' Inter-Se Transfer: Pradeep Maheshwari Sells 13.01% Stake to Prateek Maheshwari in Brand Concepts Limited Brand Concepts Limited saw a significant inter-se transfer of equity shares involving two promoter family members, Mr. Pradeep Maheshwari and Mr. Prateek Maheshwari. The transaction, executed through an off-market transfer, involved the movement of 1,624,220 equity shares, which constitutes 13.01% of the total shareholding capital of the company.The transaction details confirm that Mr. Pradeep Maheshwari disposed of the shares to Mr. Prateek Maheshwari, a member of the promoter group. Crucially, the transfer was undertaken without consideration, classified as an inter-se transfer by way of gift.This transaction...

Jalan Transolutions Appoints Chairman for 2026-2027; Addresses Financial Reports and Governance Matters Jalan Transolutions (India) Limited held its Board Meeting on Thursday, May 21, 2026, during which the board transacted several key business matters, including the appointment of a Chairman, approval of governance structures, and the deferral of financial report considerations.During the meeting, the board appointed Mr. Manish Jalan as Chairman for the First Board Meeting for the year 2026-2027.Governance and Corporate Actions Key corporate decisions made during the meeting included the regularizing appointment of Mr. Sanjay Sharma as Independent Director. The board also noted the declaration of independence received from the...

Sakar Healthcare Signs 40th Anti-Cancer Product Agreement with Zydus Lifesciences for GCC and Emerging Markets Sakar Healthcare Limited has announced a major strategic development, signing an agreement with Zydus Lifesciences. The agreement focuses on supplying oncology products within the Gulf Cooperation Council (GCC) and other emerging markets, marking a significant milestone for the company.This partnership represents the 40th global agreement Sakar has secured for anti-cancer products, reinforcing its expanding presence in the global pharmaceutical supply chain.Global Regulatory and Marketing Authorization Milestones The company detailed robust progress across its global regulatory filings, particularly within the European...

Shree OSFM E-Mobility Announces Audited Financial Results for the Half and Year Ended March 31, 2026 Shree OSFM E-Mobility Limited, formerly Shree OSFM E-Mobility Private Limited, reported its audited financial results for the half year and full year ended March 31, 2026. The Board of Directors reviewed these results during its meeting held on May 21, 2026.During the meeting, the Board of Directors took on record the audited financial results for the half year and year ended March 31, 2026, along with the audit report. Management also confirmed the receipt of certificates concerning the utilization and non-utilization of funds.The company also provided a statement of assets and liabilities, along with its statement of cash flows...

Sinclairs Hotels Limited Appoints Internal Auditor for 2026-27 Sinclairs Hotels Limited announced that its Board of Directors, at a meeting held on May 21, 2026, approved the appointment of Mukherjee Biswas & Pathak, Chartered Accountants, to serve as the Internal Auditor for the company for the financial year 2026-27.The appointment of the accounting firm was made based on the recommendation of the company's Audit Committee.Mukherjee Biswas & Pathak, identified with FRN: 301138E, is the appointed Internal Auditor for the period spanning the financial year 2026-27.The appointed firm has an established history, having been set up in 1970. Mukherjee Biswas & Pathak provides a range of professional services, including Accounting...

Cemindia Projects Limited Former Employee and Company Discharged by Vijayawada Court Cemindia Projects Limited announced that the former employee and the Company have been discharged from a criminal case by the Court of Special Judge for SPE & ACB Cases in Vijayawada.The matter pertains to a criminal case initially registered by the State ACB, CIU, A.P., Vijayawada, against a former employee and a former representative of Cemindia Projects Limited, as well as the Company itself. The allegations involved attempting to bribe public servants, invoking offences under the Prevention of Corruption Act, 1988 read with the Indian Penal Code, 1860.The company had previously communicated about the case, following earlier records from January...

S A Tech Software India Limited Approves Scheme of Amalgamation with Mindpool Technologies Limited The Board of Directors of S A Tech Software India Limited has approved a draft scheme of arrangement detailing the amalgamation between S A Tech Software India Limited and Mindpool Technologies Limited. The Scheme outlines the merger of the two entities, subject to requisite approvals from shareholders and creditors and other statutory authorities.The amalgamation involves S A Tech Software India Limited acting as the Transferee Company and Mindpool Technologies Limited acting as the Transferor Company.Synergy and Transaction Structure The merger is structured to combine the complementary strengths of both companies. The rationale...

PCBL Chemical Limited Reports Status of Physical Share Transfer Processing for April 2026 PCBL Chemical Limited, formerly known as PCBL Limited, has issued an update regarding the processing of physical share transfers. The company confirmed the status of physical shares received from shareholders and processed during the month of April 2026.The report details the activity managed by the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, concerning the re-lodgement of physical share transfer requests.According to the data provided for the period of April 2026, the following metrics were recorded:CategoryRequests Received During the MonthRequests Processed During the MonthApproved RequestsRejected...

NIBE Limited Successfully Completes Technical Trials of Vayu Astra-1 Loitering Munition NIBE Limited, a prominent Indian defense technology company, has announced the successful completion of technical trials for its Vayu Astra-1 Loitering Munition. The trials were conducted at various locations, demonstrating the munition’s capabilities across anti-personal, anti-armor, and endurance flight domains.During testing at the Pokhran Range in Rajasthan, the Vayu Astra-1 Loitering Munition successfully completed its first technical trial using a 10 kg warhead. The munition was recorded striking a target 100 km away in a single attempt, maintaining a Circular Error Probability (CEP) under 1 meter. The test successfully demonstrated abort...

Xpro India Limited Announces Audited Financial Results for Q4 FY26 New Delhi, May 21, 2026 - Xpro India Limited, a diversified multi-locational company focused on the polymer processing industry, has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported key financial highlights and operational updates reflecting its performance in the quarter.Q4 FY26 Financial Performance Snapshot The financial results provide a detailed look at the company's standing across the fiscal year 2026 and the previous year.Xpro India Limited reported the following key financial figures (Standalone Basis):Particulars (Rs. Crs.)Q4 FY26Q4 FY25Y-o-Y ChangeQ3 FY26Q-o-Q ChangeFY26FY25Y-o-Y Change...

Mindpool Technologies Appoints Mr. Uday Surpuriya as Internal Auditor for FY 2026-27 Mindpool Technologies Limited announced the re-appointment of Mr. Uday Surpuriya as the company's Internal Auditor for the Financial Year 2026-27. The Board of Directors approved this appointment during a meeting held on Thursday, May 21, 2026.The company confirmed that the appointment serves as a re-appointment for the upcoming fiscal year.According to the company records, the key details of the internal audit appointment are summarized below:ParticularsDetailsRoleInternal AuditorAppointed IndividualMr. Uday SurpuriyaPeriod of AppointmentFY 2026-27Date of AppointmentMay 21, 2026Mr. Uday Surpuriya's profile indicates that he is a...

Mangal Credit and Fincorp Limited to Hold Board Meeting to Approve Financial Results and Recommend Dividend Mangal Credit and Fincorp Limited has scheduled a Board Meeting for Thursday, May 28, 2026. The meeting is slated to address critical corporate matters, including the approval of the company's annual financial results and the recommendation of a final dividend.During the meeting, the directors will consider, approve, and take on record the Audited Financial Results of the Company, along with the accompanying Auditor's Report, for the quarter and financial year ended March 31, 2026.A primary focus of the Board Meeting will also be the recommendation of a final dividend on the equity shares of the Company for the financial year...

HDFC Asset Management Announces AGM Date and Key Dates for Final Dividend HDFC Asset Management Company Limited announced the outcomes of its Board Meeting, which was held on May 21, 2026. The company confirmed key dates for its Annual General Meeting (AGM) and established the record date for shareholders eligible to receive the final dividend.The announcement referenced the previous recommendation made by the Board of Directors on April 16, 2026. At that meeting, the Board had recommended a final dividend of Rs. 54/- per equity share of Rs. 5/- each for the financial year ended March 31, 2026, subject to approval by the shareholders at the ensuing Annual General Meeting.The Board of Directors met on May 21, 2026, and approved...

Polysil Irrigation Systems Allots 40 Lakh Equity Shares Following Warrant Conversion Polysil Irrigation Systems Limited announced that its Board of Directors approved the allotment of 40,00,000 equity shares of the company. The decision was reached during the Board meeting held on May 21, 2026.The allotment was made against the exercise and conversion of 40,00,000 convertible warrants. The equity shares, which have a face value of Rs. 10/- each, were allotted upon the receipt of the balance subscription amount of Rs. 13.15 per warrant, which represents 75% of the issue price.Following the successful allotment, the post-issue paid-up equity share capital of Polysil Irrigation Systems Limited has exceeded Rs. 25 Crores.The...

Mega Flex Plastics Limited Reports on GST Litigation After Calcutta High Court Judgment Mega Flex Plastics Limited has disclosed material details regarding a long-standing classification dispute concerning its polypropylene leno bags, following a judgment issued by the Hon'ble Division Bench of the Calcutta High Court. The litigation pertains to whether the product falls under HSN 3923 2900, taxable at 18%, or HSN 6305 33 00, taxable at 5%.The dispute originated when, for the quarter ending December 31, 2024, the Company made a payment under protest. This payment amounted to Rs. 6,57,38,093/-, representing differential GST. This payment followed an order dated October 25, 2018, issued by the West Bengal Appellate Authority for Advance...

Coforge Launches Aeronova.AI Framework to Modernize Airline Retailing Operations Coforge, an AI-native engineering services leader, has launched Aeronova.AI, a purpose-built framework designed to assist airlines in transitioning safely and predictably toward Offer, Order, Settlement and Delivery (OOSD) operations. This new offering aims to help carriers modernize their retailing capabilities while ensuring protection for revenue continuity, operational stability, and customer experience throughout the transformation journey.The launch of Aeronova.AI addresses the complex challenge facing the airline industry as it accelerates its shift toward modern retailing. The AI-enabled framework is specifically designed to help carriers move...

WeWork India Management Announces Audited Financial Results for Quarter and Year Ended March 31, 2026 WeWork India Management Limited, formerly known as WeWork India Management Private Limited, announced the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, following its Board meeting held on May 21, 2026.The company confirmed that S.R. Batliboi & Associates LLP, Chartered Accountants, issued audit reports with unmodified opinions on the financial results for both the quarter and the year.Standalone Financial Results The audited standalone financial results provided a comprehensive view of the company's performance and position. The audited statements cover the quarter...

Teamlease Services Gains Stay Order from High Court of Karnataka in EPFO Matter Teamlease Services Limited announced that it has secured a Stay Order from the Hon'ble High Court of Karnataka. The order relates to the company's Writ Petition, which was filed following the receipt of a Show Cause Notice from the Employees' Provident Fund Organisation (EPFO).The development marks a key status update concerning the ongoing legal proceedings involving the company.Legal Proceedings Timeline The company initially received a Show Cause Notice from the EPFO. Consequently, Teamlease filed a Writ Petition before the Hon'ble High Court of Karnataka on May 12, 2026. Subsequently, on May 20, 2026, the company received a Stay Order from the High...

JSW Cement Announces Audited Results for FY 2026 and Approves 2.5 MTPA Capacity Addition in Nagaur JSW Cement Limited announced the approval of its audited standalone and consolidated financial results for the quarter and full financial year ending March 31, 2026, during a Board meeting held on May 21, 2026. The board meeting also saw the recommendation of a dividend and the approval for the addition of 2.5 Million Tonnes Per Annum (MTPA) cement grinding capacity at its Nagaur unit in Rajasthan.The company confirmed that the audited financial results for the quarter and full year were subject to an unmodified opinion from the statutory auditors, Deloitte Haskins & Sells LLP.Financial Performance Overview The board approved the...

Aptech Board Consents to Reclassify Utpal Sheth from Promoter to Public Shareholder Aptech Limited's Board of Directors met on Wednesday, May 20, 2026, to consider and approve the request for the reclassification of Mr. Utpal Sheth from the 'Promoter Group' category to the 'Public' category.The company received a request letter dated April 29, 2026, from Mr. Utpal Sheth concerning this reclassification.The Board of Directors noted that as of the date of the request letter, Mr. Utpal Sheth held 9,08,000 shares, accounting for 1.57% of the paid-up equity share capital of Aptech Limited.The Board reviewed the details and confirmed that Mr. Utpal Sheth affirmed several conditions, including that he does not together hold more than 10%...