Markets

Sonu Chadha Appointed Independent Director of RHI Magnesita’s Subsidiary RHI Magnesita India Limited announced the appointment of Ms. Sonu Chadha as a Non-Executive and Independent Director of its material subsidiary, RHI Magnesita India Refractories Limited (RHIM IR). The appointment is effective from May 20, 2026, and is subject to approval at the ensuing Annual General Meeting of RHIM IR.The appointment places Ms. Chadha, who is already an Independent Director of the parent company, RHI Magnesita India Limited, onto the board of the subsidiary.Ms. Sonu Chadha, DIN: 00129923, brings extensive experience in business management to the role. She is described as an entrepreneur with more than 25 years of experience managing various...

TeamLease Services Reports Q4FY26 and FY26 Results; EBITDA Grows 14% Year-on-Year Bengaluru, India - May 20, 2026: TeamLease Services Limited, one of India's largest staffing companies, announced its consolidated financial results for the fourth quarter (Q4FY26) and the twelve months ended March 31, 2026 (FY26). The company reported a 14% year-on-year growth in EBITDA and announced a substantial buyback of up to 25% of free reserves.Consolidated Financial Overview The consolidated financial results provide an overview of the company's performance across the fiscal year. All figures are presented in ₹ Crores, except for headcount and margin percentages.ParticularsQ4FY26Q3FY26QoQQ4FY25YoYFY26FY25YoY...

LMW Limited Approves 350% Dividend, Announces New Directors, and Releases Financial Results for FY 2026 LMW Limited announced key corporate developments following its Board of Directors meeting held on May 20, 2026. The Board approved the company's audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and recommended a dividend of Rs. 35 per equity share for the financial year ending March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting (AGM).The company is set to convene its 63rd Annual General Meeting on Friday, July 24, 2026, via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The record date for determining eligible shareholders for the...

Divine Power Energy Approves Major Investment in Wireonix Private Limited and Plans INR 50 Crore NCD Issuance Divine Power Energy Limited announced that its Board of Directors held a meeting on May 13, 2026, approving several strategic business decisions, including an investment that will make Wireonix Private Limited a subsidiary of the company, and the proposal to raise capital through Non-Convertible Debentures (NCDs).The board meeting also approved the audited and reviewed financial results for the half-year and the full year ended March 31, 2026, alongside the Director's Report.Financial Results Overview The company reported key financial metrics in its consolidated statements for the year ended March 31, 2026. The total income...

TeamLease Services Announces Q4 and FY26 Results; Approves ₹238 Crores Buyback Bengaluru, May 20, 2026: TeamLease Services Limited, a major player in India's staffing sector, announced its consolidated financial results for the fourth quarter (Q4 FY26) and the full financial year ended March 31, 2026 (FY26). The company also announced a board-approved proposal to conduct a buyback of equity shares.The consolidated financial results showed significant year-over-year growth, with EBITDA increasing 14% and Profit Before Tax (PBT) growing 36%.Financial Performance Snapshot The consolidated financial results for Q4 FY26 and FY26 show robust revenue growth and margin expansion across the business.In terms of consolidated figures (₹...

Sadhav Shipping Reports Financial Results and Expands Presence in Port and Offshore Services Sadhav Shipping Limited released its audited financial results and an investor presentation detailing its performance for the half year and year ended March 31, 2026. The company highlighted significant operational wins and strategic expansion across various maritime segments, positioning itself as a key enabler of the national maritime vision.Operational Highlights and Strategic Growth The company achieved several key operational milestones during the fourth quarter and fiscal year 2026. Sadhav secured a contract for Chennai Port mooring services, valued at 7.35 Cr, which involves the deployment of 36 skilled personnel over three years...

RBI T-Bill Yields Break Out at 5.97% Amid Auction Results: Key Takeaways for Market Rates The Reserve Bank of India (RBI) successfully conducted its latest full auction for Treasury Bills (T-Bills) on May 20, 2026. The auction revealed shifting market sentiment, with yields stabilizing and rising across different maturities. These auction results provide crucial insights into the short-term money market liquidity and the current cost of borrowing for the Indian government.Overview of Treasury Bill Auction Results The auction covered three distinct maturities: 91-Day, 182-Day, and 364-Day T-Bills. Overall, the market showed robust demand, particularly in the 182-Day segment, which saw an 82.6667% partial allotment percentage of...

Remus Pharmaceuticals Announces Strong Financial Results and Strategic Growth in FY26 Remus Pharmaceuticals Limited announced its audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026. The company highlighted significant year-over-year growth and aggressive expansion across global markets in its latest update.Financial Performance Review The financial results show robust growth across key metrics for the full fiscal year (FY26) and the second half (H2 FY26).The consolidated performance comparison highlights the following figures:MetricFY26FY25YoY GrowthRevenue From Operations₹ 853.63 Cr₹ 620.36 Cr37.60%EBITDA₹ 56.69 Cr₹ 45.69 Cr24.08%PAT₹ 46.17 Cr₹ 38.42 Cr20.18%...

Strides Pharma Science Announces Changes in Board, Key Managerial Personnel, and Senior Management Team Strides Pharma Science Limited announced significant changes to its Board of Directors, Key Managerial Personnel (KMP), and Senior Management Personnel (SMP), effective June 1, 2026. The changes follow a Board meeting held on May 18, 2026, and reflect efforts to strengthen executive management representation and professionalize the company's leadership structure.The Board approved the company's comprehensive succession planning framework, which includes the promotion of internal talent to key leadership roles.Key Leadership Transitions The management structure saw several material transitions:Venkata Seetharama Raju Pakalapati...

Hester Biosciences' Subsidiary Completes Loan Amendment Agreement with Gates Foundation Hester Biosciences Limited has announced significant modifications to an existing loan agreement involving its wholly owned subsidiary, Hester Biosciences Africa Limited. The loan facility, originally executed in 2018, is being amended with the Gates Foundation. The company's involvement remains via a corporate guarantee provided by Hester Biosciences Limited in relation to the loan extended to its Tanzanian subsidiary.The amendments introduce several changes to the financial structure and operational terms of the facility.The revised terms and financial details of the loan agreement are as follows:DetailSpecificationBorrower EntityHester...

Dhampur Sugar Mills Limited Announces Interim Dividend and Record Date for FY 2025-26 Dhampur Sugar Mills Limited announced that its Board of Directors has fixed the Record Date for determining the eligibility of equity shareholders for the payment of an Interim Dividend for the Financial Year 2025-26.The Board of Directors held its meeting on Wednesday, May 20, 2026. Following the meeting, the company announced the declaration of an Interim Dividend at the rate of 20%, equivalent to ₹2 (Rupees Two only) per Equity Share. The total face value of the equity share is ₹10 each.Shareholders holding equity shares as of the determined Record Date will be eligible to receive the announced dividend.The company confirmed that the payment...

Vibhor Steel Tubes Ltd Announces Audited Financial Results for the Year Ended March 31, 2026 Vibhor Steel Tubes Limited, a manufacturer specializing in ERW Pipes, GI Pipes, Crash Barriers, Transmission Line Towers, and Octagonal Poles, announced the approval of its audited financial results for the quarter and the full year ended March 31, 2026. The Board of Directors reviewed the results, which reflected key operational transactions and significant financial figures.The company's statutory auditors, M/s Ashok Kumar Goyal & Co., issued an unmodified audit report on the financial results for both the quarter and the year ended March 31, 2026.Operational and Exceptional Items During the financial year, the company recorded an...

Promoters of LCC Infotech Limited Disclose Details of Pledged Shares as of March 31, 2026 LCC Infotech Limited confirmed the details of shares pledged by its promoters as of the close of business on March 31, 2026. The disclosure details the quantum of shares held and the shares currently encumbered by two key promoters.The information confirms that the promoters, Rachna Suman Shaw and Shreeram Bagla, have provided details regarding the pledge of their shares in the company.The pledged shares information, effective March 31, 2026, is summarized below:Promoter NameTotal Shares HeldShares Pledged/EncumberedDate of PledgeRachna Suman Shaw29,01,679148,00,000July, 07, 2025Shreeram Bagla29,02,55662,90,00,000June, 11, 2025The...

Shreyans Industries Limited Approves Final Dividend, Re-appoints Key Directors and CFO Shreyans Industries Limited announced key decisions following a Board of Directors meeting held on May 20, 2026. The Board considered and approved the company's audited financial results for the quarter and financial year ended March 31, 2026.The company recommended a Final Dividend of Rs. 1.50 per share on fully paid equity shares for the Financial Year ended March 31, 2026, subject to the approval of the company's shareholders. Should this dividend be approved by the shareholders, it is slated to be credited or dispatched within 30 days from the date of the Annual General Meeting.Financial Results for FY 2025-2026 The audited financial results...

Grasim Industries Plans Investment in Aditya Birla Capital's Preferential Equity Issue Grasim Industries Limited has announced its approval of a substantial investment in a preferential issue of equity shares by Aditya Birla Capital Limited (ABCL), the company's subsidiary. The Board of Directors of Grasim Industries Limited approved the investment of an amount not exceeding ₹ 2,880 crore.The funds will be invested in the preferential issue undertaken by ABCL, aimed at strengthening the financial services firm's capital base and funding its next phase of growth.The total proposed equity raise by ABCL is up to ₹ 4,000 crore. The issuance breakdown includes the following committed amounts:Grasim Industries Limited (Promoter): ₹...

Kaya Limited Reports Q4 FY26 Results, Highlights 2% Revenue Growth Over Last Fiscal Year Kaya Limited announced its financial results for the quarter ended March 31, 2026, presenting data for both standalone and consolidated levels.The company reported that its overall revenue from operations at a standalone level stood at INR 55.8 crores for Q4FY26, marking a 2% growth compared to the corresponding quarter in Q4FY25. Similarly, the consolidated revenue from operations was also INR 55.8 crores for Q4FY26, showing a 2% growth year over year.India Business Segment Performance On the operational front, the company noted steady growth across its various business segments. The clinic business registered a 7% growth in Revenue over Q4...

Jubilant Foodworks Posts Strong Consolidated Growth, Sees 19.3% Revenue Hike in FY26 Jubilant FoodWorks Limited, a Jubilant Bhartia Company, reported robust financial results for the fiscal year 2026 (FY26), citing disciplined execution across its brands and geographies. The company noted strong momentum from its international and domestic markets, leading to a 17.4% year-over-year (YoY) growth in consolidated revenue from operations for the full year.During the quarter, the group system sales reached Rs. 27,643 million, while revenue from operations saw a substantial increase of 19.3% YoY, totaling Rs. 24,995 million. Profitability was also strong, with PAT from continued operations before exceptional items rising 67.3% YoY to Rs...

Consolidated Construction Consortium Reports Zero Activity in Physical Share Transfer Requests Consolidated Construction Consortium Limited provided a report detailing the re-lodgement of physical share transfer requests for the period spanning April 1, 2026, to April 30, 2026.The report indicates that there was no activity regarding physical share transfers during the specified one-month period.The data concerning the re-lodgement process is presented below:MetricCountNumber of requests received during the periodNilNumber of requests processed during the periodNilNumber of requests approvedNilNumber of requests rejectedNilAverage processing time for requests (in days)Not applicableCCCL Stock Price Movement...

Gujarat Themis Biosyn Limited Incorporates Wholly Owned Subsidiary in Japan Gujarat Themis Biosyn Limited has established its presence in Japan by incorporating a wholly owned subsidiary company. The new entity, named Themis Biosyn Japan Limited, was incorporated on May 19, 2026.The move marks a strategic expansion for Gujarat Themis Biosyn Limited within the Pharmaceutical Industry. The company now holds 100% of the shareholding in Themis Biosyn Japan Limited.Key operational and financial details regarding the new subsidiary include:DetailValueSubsidiary NameThemis Biosyn Japan LimitedCountry of IncorporationJapanInitial Share CapitalTen Lakhs YenOwnership StatusWholly Owned SubsidiaryIndustryPharmaceutical...

Speciality Restaurants Sustains Growth, Details Portfolio Expansion and Q4FY26 Financial Results Speciality Restaurants Limited reports achieving its nineteenth consecutive quarter of profitable growth, reinforcing its market leadership in the Pan-Asian/Oriental cuisine segment. The company is strategically focused on expanding its brand presence through multiple formats, including Fine Dining, Casual Dining, Resto Bar, Cloud kitchens, and Confectioneries.The company emphasized its commitment to enhancing the value proposition for guests and continues to maintain a strong focus on providing last mile delivery, which remains a significant proportion of total revenue. Looking ahead, the company plans expansion by upgrading existing...