Markets

Arshiya Limited Submits Unaudited Standalone Financial Results for Half Year Ending September 30, 2024 Arshiya Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has finalized and submitted its Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2024. The Resolution Professional (RP), Mr. Pankaj Mahajan, considered, approved, and taken these results on record on April 28, 2026.The company confirmed that the financial statements include the Unaudited Standalone Financial Results and a Limited Review Report issued by the Statutory Auditors, M/s ARTHA & Associates, Chartered Accountants, Mumbai.Financial Reporting Context The filing noted significant...

Universal Starch Chem Allied Ltd to Hold Board Meeting to Approve Financial Results Universal Starch Chem Allied Ltd. has announced that its Board of Directors Meeting No. 1/26-27 is scheduled for Wednesday, May 27, 2026. The meeting, to be held at the Company’s registered office, will primarily focus on reviewing and approving the financial outcomes for the company.The core agenda items for the board include:Considering and approving the Audited Financial Results for the Quarter and Year ended on March 31, 2026. Discussion on any other matter with the permission of the chairperson.In addition to the financial review, the company also issued a notice regarding its trading guidelines. Management confirmed that the trading window...

Samvardhana Motherson Board Gives In-Principle Approval for Issuance of Up to INR 5,000 Crore NCDs Samvardhana Motherson International Limited announced that its Board of Directors granted in-principle approval for the issuance of Non-Convertible Debentures (NCDs). The approval followed a board meeting held on May 20, 2026.The company plans to issue the rated, listed, unsecured, redeemable NCDs on a private placement basis. The total aggregate principal amount approved is up to INR 5,000,00,00,000/- (Rupees Five Thousand Crores only).Each NCD will have a face value of INR 1,00,000 (Rupees One Lakh only). The securities will be issued in one or more series or tranches to certain eligible investors.Details of the Proposed Issuance...

Krishanveer Forge Announces Board Meeting for Q4 FY26 Results and Dividend Consideration Krishanveer Forge Ltd announced that its Board of Directors meeting is scheduled for Wednesday, May 27, 2026. The meeting is set to consider and approve the Audited Financial Results for the Quarter and Year ended March 31, 2026.The agenda for the board meeting includes several key items. Primary among these is the consideration and approval of the company's audited financial results for the Quarter and Year ended March 31, 2026. Additionally, the board will consider a proposal for recommending the final dividend, if any, for the Financial Year 2025-26.Regarding market trading activity, the company also updated details concerning the closure of...

Welcast Steels Ltd Reports Audited Financial Results for FY 2025-26; Operates on Non-Going Concern Basis Welcast Steels Ltd announced the approval of its Audited Financial Results for the Quarter/Year ended March 31, 2026. The company's Board of Directors formally approved the results, which included an unmodified Auditors' Report issued by Dagliya & Co., Chartered Accountants, for the year ended March 31, 2026.The Board also approved the proposal to convene the 54th Annual General Meeting (AGM) on Thursday, September 10, 2026, at 11:00 a.m. through Video Conferencing/Other Audio Visual means. Furthermore, the Board confirmed that it did not recommend any dividend for the Financial Year 2025-26.Operational Status and Financial...

Chatha Foods' Subsidiary Appoints CFO Kulbeer Walia Following Board Decision Chatha Foods Limited announced that its unlisted subsidiary, Allana CF Foods Private Limited, has appointed Mr. Kulbeer Walia as its Chief Financial Officer (CFO). The decision was approved by the Board of Directors during a meeting held on May 20, 2026.The appointment, effective from May 20, 2026, solidifies the company's financial leadership. Mr. Kulbeer Walia is described as an accomplished finance professional with extensive experience in financial management, accounting, and regulatory compliance.In his role, Mr. Walia will oversee key financial operations. His expertise spans financial systems, internal controls, and accounting processes, which...

Control Print Limited Approves FY2026 Results, Recommends Final Dividend of Rs. 6 per Share Control Print Limited announced the approval of its audited standalone and consolidated financial results for the quarter and full financial year ended March 31, 2026, following its Board of Directors meeting held on May 20, 26. The Board also recommended a final dividend of Rs. 6 per equity share, representing 60% of the face value of Rs. 10 per share. This dividend payment is subject to approval by the Company's members at the ensuing Annual General Meeting and will be disbursed after that date.The company also received an unmodified audit opinion on these financial results from the Statutory Auditors, M/s Jhawar Mantri & Associates...

Clean Max Enviro Energy Solutions Ltd Receives Upgraded Ratings for Debentures and Bank Loans Clean Max Enviro Energy Solutions Ltd received ratings from CARE Ratings Limited on May 20, 2026, detailing upgrades and reaffirmations across its non-convertible debentures and various bank loan facilities. The review covered the company's operational and financial performance for FY26.The rating confirmation provided details on key borrowings, showing upgrades from A+ (Positive) for both Non-Convertible Debentures (NCDs) and Long-Term Bank Loan Facilities. Short-Term Bank Loan Facilities were reaffirmed.InstrumentISINAmount (in Crores)RatingRating ActionDate of Credit RatingNon-Convertible Debentures (NCDs)INE647U 08039400.00AA-...

Eris Lifesciences Announces Interim Dividend and Shares FY 2026 Financial Results Eris Lifesciences Limited announced the outcome of its Board Meeting held on May 20, 2026, confirming the audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. Furthermore, the Board declared an interim dividend for the financial year 2026-2027.Dividend Declaration and Key Dates During the meeting, the Board of Directors of Eris Lifesciences Limited declared an interim dividend of Rs 7.21/- (at a rate of 721%) on each fully paid-up equity share of Re 1/- each for the Financial Year 2026-2027.The company set the record date for determining the eligibility of shareholders for the dividend payment as Friday...

Medi Assist's Amalgamation Scheme Between Subsidiaries Referred to NCLT Tribunal Medi Assist Healthcare Services Limited has an update regarding its planned amalgamation involving two of its wholly owned subsidiaries: International Healthcare Management Services Private Limited and Mayfair Consultancy Services India Private Limited.The parent company informed stakeholders that in continuation of the process concerning the Scheme of Amalgamation, the matter has been referred to the Hon'ble National Company Law Tribunal, Bengaluru, by the Regional Director, South Western Region, Bengaluru.The Regional Director’s examination of the proposed merger revealed several issues concerning the procedural compliance of the scheme. The...

Huhtamaki India Limited Designates Key Managerial Personnel for Corporate Authorisation Huhtamaki India Limited has identified key managerial personnel who are jointly authorized for determining the materiality of corporate events and information, and for making requisite disclosures.The company has designated two of the following individuals for this purpose: Mr. Kamal Taneja, Ms. Ramya Mohan, Mr. Amit Gupta, and Mr. Abhijaat Sinha.The details of the authorized Key Managerial Personnel (KMP) include:Sr NoNameDesignationEmail IdContact No.1Mr. Kamal TanejaManaging Director2Ms. Ramya MohanWhole Time Directorinvestor.communication022-617401003Mr. Amit GuptaChief Financial Officer@huhtamaki.com4Mr. Abhijaat...

Samvardhana Motherson International Limited Names Auditors for Fiscal Year 2026-27 Samvardhana Motherson International Limited announced on May 20, 2026, that its Board of Directors approved the appointment of several firms to serve as the Cost Auditor and Internal Auditors for the Company for the Financial Year 2026-27.The Board meeting, held on May 20, 2026, formalized the appointments of five professional firms across various auditing roles.Cost Auditor Appointment M/s. M.R. Vyas and Associates, Cost Accountants, was appointed as the Cost Auditor for the Company for the Financial Year 2026-27.According to the details provided, M/s. M.R. Vyas & Associates is a Partnership firm of Cost Accountants (Firm Registration No.: 101394)...

Samvardhana Motherson Reports FY26 Results: Annual Revenue Exceeds ₹ 1.25 Lakh Crores Samvardhana Motherson International Limited (SAMIL) has announced its financial results for the fiscal year 2025-26, which ended on March 31, 2026. The company reported strong performance, noting that annual revenue crossed the ₹ 1.25 lakh Crores mark, marking an 11% year-over-year growth.Commenting on the results, Mr. Vivek Chaand Sehgal, Chairman of Motherson, stated that FY26 was a defining year, achieving best-ever yearly revenues and resilient profitability despite a challenging macroeconomic environment. He highlighted that the focus on diversification helped the company outperform the market. The Chairman also noted that the improvement in the...

Gabriel India Limited Fixes Record Date for Composite Scheme of Arrangement Gabriel India Limited has announced that its Board of Directors has fixed a Record Date in connection with the Composite Scheme of Arrangement. This action pertains to the amalgamation of Anchemco India Private Limited, formerly known as Andasia Private Limited, with Asia Investments Private Limited.The comprehensive Scheme involves several components, including the amalgamation of the Transferor Company with the Transferee Company for Part C of the Scheme, and the demerger of the Demerged Undertaking of the Demerged Company into Gabriel India Limited, which is the Resulting Company.The Board of Directors fixed May 29, 2026, as the Record Date. This date is...

E Factor Experiences Limited Board to Meet May 26 for Review of FY 2026 Financials E Factor Experiences Limited has scheduled a meeting of its Board of Directors to review key financial results and consider dividend recommendations for the financial year ended March 31, 2026.The Board meeting is set for Tuesday, May 26, 2026. The meeting will be held at the company's Corporate Office, located at A-49 Secto-67, Noida, Gautam Buddha Nagar, Uttar Pradesh 201301.The primary agenda items for the Board include the approval of audited financial statements for the half year and the full financial year ending March 31, 2026. Additionally, the board will recommend a final dividend, if any, for the financial year ending March 31, 2026.The...

Grasim Industries Reports Robust Performance with All-Time High Revenue in FY26 Grasim Industries Limited reported strong financial results for the fiscal year 2026, achieving all-time high revenue and EBITDA across its consolidated and standalone business segments. The company noted that the overall performance was bolstered by robust growth across multiple core industries, including Paints, Building Materials, and Financial Services.The consolidated financials for the year ended March 31, 2026, showed revenue reaching ₹ 1,75,431 Cr., representing an 18% year-over-year (YoY) increase. EBITDA stood highest-ever at ₹ 25,872 Cr., marking a 29% YoY jump. Adjusted PAT grew by 33% YoY to ₹ 5,203 Cr.For the quarter ending March 31, 2026...

Samvardhana Motherson International Limited Approves Statutory Auditor Appointment for Five-Year Term Samvardhana Motherson International Limited announced that its Board of Directors, at a meeting held on May 20, 2026, approved the appointment of a new Statutory Auditor and confirmed the continuation of the current auditor's services.The Board recommended M/s B S R & Co. LLP, Chartered Accountants, as the Statutory Auditors for Samvardhana Motherson International Limited. This appointment is set for a term of five years, commencing from the conclusion of the 40th Annual General Meeting in 2027 and extending until the conclusion of the 45th Annual General Meeting in 2032, subject to the approval of the shareholders.In terms of...

Grasim Announces FY26 Results; Board Recommends ₹10 Dividend Per Equity Share Grasim Industries Limited announced on May 20, 2026, the approval of its Audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2026. During the Board meeting, the company also recommended a dividend of ₹10 per equity share for the fiscal year.The Board of Directors also approved the appointment of M/s Deloitte Haskins & Sells Chartered Accountants LLP as the Joint Statutory Auditor of the Company for a term of five years. This tenure will commence from the conclusion of the 79th Annual General Meeting (AGM) and conclude at the 84th AGM, pending shareholder approval. The firm is appointed in place of M/s BSR & Co. LLP...

Samvardhana Motherson Approves FY 2026 Results and Recommends Total Dividend of INR 0.60 per Share Samvardhana Motherson International Limited announced the approval of its audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board of Directors also recommended a total dividend of INR 0.60 per equity share for the financial year 2025-26.At its meeting held on May 20, 2026, the Board approved the financial results and recommended a final dividend of INR 0.25 per equity share for the 2025-26 financial year. This final dividend is in addition to the interim dividend of INR 0.35 per equity share, making the total recommended dividend for the year INR 0.60 per share.The final...

Rail Vikas Nigam Limited Emerges as Lowest Bidder for North Eastern Railway EPC Project Rail Vikas Nigam Limited has successfully emerged as the Lowest Bidder (L1) for a significant power infrastructure upgrade project with the North Eastern Railway. The company confirmed that the work falls under its normal course of business operations.Under the contract awarded by the North Eastern Railway, Rail Vikas Nigam Limited was selected for the 'Design, Supply, Erection, Testing & Commissioning of Traction Sub Stations with associated Switching Posts for 2x25 KV AT traction feeding system.' This crucial capacity up-gradation work is slated for the Varanasi-Prayagraj section within the Varanasi Division of the North Eastern Railway...