Markets

RPSG Ventures Announces Financial Results and Re-appointment of Independent Director RPSG Ventures Limited announced its financial results and board resolutions following its board meeting held on May 21, 2026. The Board of Directors considered and approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ending March 31, 2026.Financial Performance Review The company released detailed financial data for the quarter and year ended March 31, 2026, providing both standalone and consolidated views of its performance.Standalone Financial Highlights The Standalone Statement of Assets and Liabilities for the Quarter and Year ended March 31, 2026, showed the following key figures (in Rs. crore)...

Jubilant Ingrevia Limited Receives Assessment Order for FY2022-23 from Income Tax Department Jubilant Ingrevia Limited recently received an assessment order from the Assessment Unit, Income Tax Department, concerning the Assessment Year 2023-24, which corresponds to the Financial Year 2022-23. The order was received on May 20, 2026.The department's assessment order details notional adjustments made under India Transfer Pricing Rules. These adjustments relate specifically to international transactions involving Associated Enterprises.The financial details of the assessment are summarized below:AuthorityOrder DateAssessment YearDetails of Violation/ContraventionQuantifiable Financial ImpactAssessment Unit, Income Tax...

Wheels India Ltd Announces Final Dividend for Year Ended March 31, 2026 Wheels India Ltd announced details regarding the final dividend for the financial year ended March 31, 2026. The company confirmed several key dates for the dividend process, beginning with the Board of Directors recommending the payout.The Board of Directors recommended the final dividend on May 15, 2026. The rate of the dividend has been set at Rs. 9.14 per equity share, which is based on the face value of Rs. 10/- each, representing a 91.4% yield.The company outlined the critical timeline for shareholders to note the dividend payment.EventDateDate of recommendation of the final dividend for the year ended 31.03.2026 by the Board of Directors15.05.2026...

Intellect Design Arena Recognized as Notable Vendor in Forrester's AI Platforms Landscape, Q1 2026 Intellect Design Arena, a global leader in AI-First, enterprise-grade financial technology, has been recognized as a 'notable vendor' in Forrester's The AI Platforms Landscape for Q1 2026. The recognition is specifically for Purple Fabric, described as the world's first open business impact AI platform.The announcement indicates that the recognition underscores Purple Fabric's increasing importance among enterprise AI platforms, particularly in reshaping how regulated industries adopt and scale AI solutions while maintaining trust, governance, and measurable business impact.Forrester Research's AI Platforms Landscape, Q1 2026, surveyed...

Praruh Technologies to Hold Board Meeting to Approve FY 2026 Financial Results and Appoint New Leadership Praruh Technologies Ltd. has scheduled a Board of Directors meeting for Friday, May 29, 2026. The meeting, which will be held at the company's registered office in Noida, Uttar Pradesh, via video conferencing, is set to consider and approve several key corporate matters, including the audited financial results and critical management appointments.The agenda highlights the review of the company's performance for the half year and the full year ended March 31, 2026. Furthermore, the board is slated to note the disclosure of related party transactions for the half year ended March 31, 2026.The company's financial governance agenda...

Bosch, Brakes India, and Wheels India Form Joint Venture to Drive Commercial Vehicle Air Systems Growth Bosch Limited, along with Brakes India Private Limited (BIPL) and Wheels India Limited (WIL), subsidiaries of the TSF Group, have announced the formation of a joint venture aimed at driving growth within air systems for the commercial vehicle segment. This strategic partnership intends to leverage shared capabilities to deliver enhanced value to customers.The new joint venture will establish a 50:50 partnership between Bosch and TSF Group companies, represented by Brakes India and Wheels India. The collaboration focuses on the engineering, manufacturing, and sales of electronically controlled and software-driven modules. These...

INOX India Ltd Secures Multiple Orders Worth ₹322 Crore, Driven by Cryogenic Business Vadodara, May 21, 2026: INOX India Limited, a leading cryogenic technology solution provider, announced it has received orders totaling ₹322 Crore since April 2026. The order intake spans multiple business segments, including Industrial Gas, Cryo-scientific Solutions, and LNG, underscoring continued confidence in the company’s cryogenic capabilities.The total order value is broken down into three main segments: ₹242 Crore in the Industrial Gas segment, ₹39 Crore in the LNG segment, and ₹38 Crore in the Cryo-scientific Solutions segment, in addition to other orders.The company's order book received a significant boost from a 'Mega' order within the...

Him Teknoforge Ltd to Hold Board Meeting to Approve Audited Financial Results Him Teknoforge Ltd has scheduled a meeting of its Board of Directors to consider and approve its audited financial results. The meeting is set for Tuesday, May 26, 2026.The primary objective of the Board Meeting is the approval of the Audited Financial Results pertaining to the quarter and financial year that concluded on March 31, 2026.The company also provided details regarding the trading window for its equity shares. As of the notice, the trading window in respect of dealing in Equity Shares of the Company remains closed for insiders, directors, connected persons, and designated employees of the Company and the concerned parties. The trading window is...

Mount Housing and Infrastructure Ltd to Hold Board Meeting on May 29 for Financial Approvals Mount Housing and Infrastructure Limited has scheduled its Board of Directors meeting for Friday, May 29, 2026. The meeting is slated to take place at 04:00 p.m. at the Company's Registered Office located at No. 1175, Sungam Circle, Trichy Road, Ramanathapuram, Coimbatore - 641045, Tamil Nadu, India.The Board meeting agenda encompasses a wide range of matters, including necessary corporate governance reviews and the approval of key financial documents.Among the core business transactions slated for consideration and approval are the company's financial results and related party agreements. Directors are expected to consider and approve the...

Vishal Mega Mart Officials Attend J.P. Morgan Investor Meeting on May 26 Vishal Mega Mart Ltd, the company formerly known as Vishal Mega Mart Private Limited, has announced its participation in an upcoming investor conference. Officials from the company are scheduled to attend the Virtual Group Meeting organized by J.P. Morgan India Consumer CEO Fireside Chat Series.The meeting is slated for May 26, 2026.The schedule details for the virtual group meeting are provided below:DateTimeNature of MeetingOrganizerMay 26, 202611:30 am onwardsVirtual Group MeetingJ.P. Morgan India Consumer CEO Fireside Chat SeriesVMM Stock Price Movement As of 11:05 AM, shares of Vishal Mega Mart Limited are shedding value, slipping 0.47% in live...

Monarch Networth Capital Establishes Wholly Owned Subsidiary for Financial Services Expansion Monarch Networth Capital Limited has established a new wholly owned subsidiary (WOS) named Monarch Capital Venture Private Limited. The company confirmed that Monarch Capital Venture Private Limited was incorporated on May 13, 2026, and the Certificate of Incorporation bearing CIN U66309MH2026PTC471440 was received on May 20, 2026.The newly formed subsidiary has its registered office in the State of Maharashtra. Monarch Capital Venture Private Limited's primary focus lies within the Financial Services Industry, engaging in activities such as investment fund management support services, investment advisory, portfolio and asset management...

Walchandnagar Industries Reports Landmark Financial Turnaround for FY 2025-26 Walchandnagar Industries Limited has announced a significant financial turnaround for the fiscal year 2025-26, marking what the company calls a defining inflection point. The results signal a shift towards growth and profitability, underpinned by strategic transformation and operational discipline, particularly in sectors vital to India's defense and nuclear industries.The company reported a positive EBITDA of ₹3,548 Lakhs for FY 2025-26, a marked improvement compared to a negative EBITDA of ₹3,561 Lakhs reported in FY 2024-25.The financial performance metrics for FY 2025-26 compared to the previous year are detailed below:ParticularsFY 2025-26FY...

Max Financial Services Limited Files Annual Secretarial Compliance Report for FY 2026 Max Financial Services Limited (MFSL) has released its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, issued by Company Secretaries Sanjay Grover & Associates, details the company’s adherence to various corporate governance standards and regulations during the review period.The report confirms that the examination covered the company's records, filings with stock exchanges, and its official website for the period up to March 31, 2026.Summary of Compliance Status The report assessed MFSL's compliance across multiple corporate governance areas, including Secretarial Standards, adoption of policies, and...

Nexome Capital Markets Launches Trading of 1.92 Million Equity Shares Nexome Capital Markets Ltd, formerly known as SMIFS Capital Markets Limited, has commenced trading of a significant block of equity shares following a preferential allotment to its promoter and non-promoter shareholders. The shares were issued through the conversion of warrants.The trading activity, which began effective May 21, 2026, involves the listing of 1,920,000 equity shares on the exchange. These shares are issued at a premium of Rs. 54.00 per share.The transaction involves the following key details:DetailSpecificationCompanyNexome Capital Markets LtdScrip Code508905Total Shares Traded1,920,000 equity sharesFace ValueRs. 10.00 per share...

SVC Industries Ltd. Board Meeting Scheduled to Approve FY2026 Results SVC INDUSTRIES Ltd has announced that its Board of Directors will convene a meeting to consider and approve the Audited Financial Results for the fourth quarter and the fiscal year ended March 31, 2026.The Board meeting is scheduled for Thursday, May 28, 2026, at 02:30 p.m. The meeting will be held at 501, OIA House, 470 Cardinal Gracious Road, Andheri (East), Mumbai 400099.In addition to the financial review, the company confirmed compliance with insider trading protocols. SVC INDUSTRIES Ltd reported that its Directors, designated persons, and their immediate relatives were informed regarding the closure of the trading window for the company’s equity shares. This...

NIIT Limited Allots 126,668 Equity Shares Under ESOP-2005 NIIT Limited announced the allotment of equity shares on May 21, 2026, under its Employee Stock Option Plan - 2005 (ESOP-2005). The Company’s Share Allotment Committee formalized the distribution of 126,668 Equity Shares.The allotment pertains to the ESOP-2005 and details the issuance of 126,668 shares. Each equity share has a face value of Rs. 2/-.For reference, the company’s scrip codes for the allotted shares are BSE - 500304 and NSE - NIITLTD.The key details regarding the share allotment are summarized below:MetricDetailAllotment DateMay 21, 2026Plan NameESOP-2005Total Shares Allotted126,668Face Value Per ShareRs. 2/-BSE Scrip Code500304NSE Scrip...

North Eastern Carrying Corporation Sets Revised Equity Issue Price Following Shareholder Notice North Eastern Carrying Corporation Limited has issued clarifications regarding its Postal Ballot Notice, detailing revisions to the issue price of equity shares and the corresponding adjustment for an outstanding loan amount.The company provided details concerning the calculation of the revised issue price, which is determined by comparing the volume weighted average price (VWAP) across two distinct periods.According to the company, the issue price must be at least the higher of two calculated VWAPs:The volume weighted average price (VWAP) of Equity Shares during the 90 trading days preceding the relevant date was Rs. 15.18 per Equity...

Dolat Algotech Limited Receives Penalty for Violation of Position Limits Dolat Algotech Limited recently received notification of a penalty levy from NSE Clearing Limited (NCL) regarding a violation of trading limits. The penalty pertains to the company's activities in the Futures and Options (F&O) segment.The levy was received on May 20, 2026. The violation was specifically tied to breaching the TM/FPI level position limits concerning an underlying security or contract.The financial details of the penalty are as follows:AuthorityViolationPenalty AmountBreakdownNSE Clearing Limited (NCL)Violation of TM/FPI level position limits in the F&O segmentRs. 1,18,000/-Basic fine: Rs. 1,00,000/- plus GST: Rs. 18,000/-Regarding the...

Aditya Birla Fashion and Retail Increases Stake in Subsidiary Indivinity Clothing Retail Aditya Birla Fashion and Retail Limited (ABFRL) has increased its holding in its subsidiary, Indivinity Clothing Retail Private Limited (ICRPL), through the allotment of additional equity shares. The transaction involved ICRPL allotting 3,65,19,197 equity shares to the Company via a rights issue, with the total consideration aggregating to approximately ₹ 175 crore.The investment significantly strengthened ABFRL's stake in the fashion entity. Following the allotment, the Company's holding in ICRPL is set to rise from 85.54% to 89.29%.ICRPL, which operates in the apparel and accessories sector, runs a bespoke ethnic wear business, focusing on...

NMS Global Ltd To Hold Board Meeting to Approve FY 2026 Financial Results NMS Global Ltd announced plans to hold a Board Meeting of Directors to approve and take on record the audited financial results for the quarter and the year ended March 31, 2026.The meeting is scheduled for May 1, 2026, at the registered office of the Company located at 48, Hasanpur, I.P. Extension, Delhi- 110092.During the Board meeting, the company plans to address several key operational matters. The primary agenda points include:Agenda ItemDescriptionPeriod EndedFinancial ApprovalConsideration and approval of Audited Standalone and Audited Consolidated Financial Results.March 31, 2026Audit ReportConsideration and taking on record of the Auditor...