Markets

IDBI Bank Approves Re-appointment of Jayakumar S. Pillai as Deputy Managing Director IDBI Bank Limited announced on May 19, 2026, that its Board of Directors approved the re-appointment of Shri Jayakumar S. Pillai as Deputy Managing Director (DMD) on the Bank's Board. The appointment will remain in place for a period of one year, effective from June 12, 2026, pending necessary approvals from the Reserve Bank of India.Shri Jayakumar S. Pillai is not related to any other Director or Key Managerial Personnel (KMP) of the Bank.Professional Experience and Role Mr. Pillai brings over 33 years of extensive experience in the commercial banking sector. Prior to joining IDBI Bank in June 2023, he served as the Chief General Manager of Canara...

TSF Investments Records 28.66% Surge in Net Profit for FY 2025-26 TSF Investments Limited has reported a consolidated net profit of ₹ 530.21 crores for the fiscal year ended March 31, 2026. This figure marks a 28.66% increase compared to the ₹ 412.09 crores recorded in the previous financial year.The company, which operates as a core investment company focusing on automotive businesses, attributes the rise in profitability to several key factors, including a significant gain from the fair valuation of its equity interest in Axles India Limited. This gain amounted to ₹ 40.99 crores, arising from a business combination.The profit increase is further attributed to Axles India Limited becoming a subsidiary during the year. This was...

Healthcare Global Enterprises Divests Entire Stake in BACC Health Care to Inviga Healthcare Fund I Healthcare Global Enterprises Limited announced the execution of a Share Purchase Agreement (SPA) concerning the divestment of its entire equity shareholding in BACC Health Care Private Limited. The transaction involved the sale of the stake in BACC to Inviga Healthcare Fund I.The Company confirmed that the SPA was executed on May 19, 2026. The total consideration for the sale was determined to be INR 37,64,44,788 (Indian Rupees Thirty Seven Crores Sixty Four Lakhs Forty Four Thousand Seven Hundred and Eighty Eight Only).According to the company statement, BACC Health Care Private Limited is engaged in the business of fertility and...

Sirca Paints India Recommends 20% Final Dividend on FY26 Results Sirca Paints India Limited announced its financial results for the year ended March 31, 2026. Following the Board of Directors meeting held on May 7, 2026, the company recommended a final dividend of 20% per equity share for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM).The company released its audited standalone and consolidated financial results, alongside detailed cash flow statements, providing insight into its performance across the fiscal year.Financial Performance Overview The Board of Directors considered and approved the audited standalone and consolidated financial results for the year ended March 31...

Oriana Power Limited Incorporates Step-Down Subsidiary, SOLAREDGE ENERGY PRIVATE LIMITED Oriana Power Limited has announced the incorporation of SOLAREDGE ENERGY PRIVATE LIMITED as its step-down subsidiary. The new entity received its Certificate of Incorporation from the Ministry of Corporate Affairs on May 19, 2026, following the original issuance date of May 14, 2026.The establishment of SOLAREDGE ENERGY PRIVATE LIMITED is aimed at dealing in the generation of any kind of power or electric energy. The company's ownership structure confirms that SOLAREDGE ENERGY PRIVATE LIMITED is a wholly owned subsidiary of OPL Solar Services Private Limited, which itself is a wholly owned subsidiary of Oriana Power Limited.Subsidiary Profile...

Advent Hotels International Limited Approves Q4 FY2026 Standalone and Consolidated Financial Results Advent Hotels International Limited today announced the approval of its audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The Board of Directors held its meeting on May 19, 2026, during which the financial statements were approved.The company confirmed that its Statutory Auditors issued an unmodified audit report on the audited financial results for both the standalone and consolidated entities for the year ended March 31, 2026.In an operational update, the Board of Directors also approved the dissolution of the Risk Management Committee, noting that the committee was...

Mayur Uniquoters Approves FY 2026 Results, Recommends Rs. 6 Dividend Mayur Uniquoters Ltd. announced key outcomes from its Board of Directors meeting held on Tuesday, May 19, 2026. During the meeting, the Board approved the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Furthermore, the Board recommended a final dividend for the fiscal year.The company also approved the re-appointment of its Cost Auditor and Internal Auditors for the financial year 2026-27.Financial Performance and Dividend Recommendation The Board of Directors approved the audited Standalone and Consolidated Financial Results, alongside the Statement of Assets and Liabilities and the Cash Flow...

C.E. Info Systems Approves FY 2026 Financials, Declares Final Dividend C.E. Info Systems Limited announced the approval of its audited financial results for the year ended March 31, 2026, at a Board meeting held on May 19, 2026. The Board of Directors also approved the declaration of a final dividend of Rs. 3.50 per equity share for the fiscal year 2025-26.The company released its audited financial statements for the financial year and the results for the quarter and year ended March 31, 2026, which were reviewed by the Audit Committee. The Statutory Auditors, M/s M S K A & Associates LLP, issued reports confirming an unmodified opinion on both the standalone and consolidated audited financial statements for the period.Financial...

KDDL Limited Announces FY2026 Financial Results, Recommends Rs. 8 Dividend Per Share KDDL Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, following a Board meeting held on May 19, 2026. During the meeting, the Board of Directors also recommended a final dividend of Rs. 8 per equity share for the financial year ended March 31, 2026, which is subject to the approval of the Company's shareholders at the ensuing Annual General Meeting.The Company's financial reports for the year ended March 31, 2026, were reviewed and recommended by the Audit Committee, receiving final approval from the Board of Directors. The statutory auditors, Walker Chandiok & Co LLP, issued an...

TSF Investments Announces Audited Standalone and Consolidated Financial Results for FY 2026 TSF Investments Limited, formerly known as Sundaram Finance Holdings Limited, has released its audited standalone and consolidated financial results for the year ended March 31, 2026. The company provided detailed financial statements, including assets and liabilities, cash flow statements, and segment performance data, covering both the quarter and the year ended March 31, 2026.Standalone Financial Performance (FY 2026) The standalone financial results show Total Income reaching 29,126.69 lakhs for the year ended March 31, 2026, compared to 27,867.25 lakhs in the previous year. Profit After Tax stood at 25,563.69 lakhs, and Total Comprehensive...

Healthcare Global Enterprises Announces Q4 and Full-Year Financial Results for FY26 Healthcare Global Enterprises Limited (HCG), India's largest dedicated cancer hospital network, has announced its financial results for the quarter and full year ended March 31, 2026. The company's performance reflects consistent execution across its network, supported by resilient demand for high-quality oncology care.HCG reported strong consolidated results for the quarter and full fiscal year, detailing key financial metrics across revenues, EBITDA, and profit.Financial Highlights (Consolidated) The financial data highlights the growth trends for the period:Particulars (Rs. Mn.)Q4FY26Q4FY25YoYFY26FY25YoYRevenue from...

Borosil Limited Board Approves FY26 Financial Results, Plans Rs 250 Crore Fundraising, and Reappoints Statutory Auditors Borosil Limited announced key resolutions following its Board of Directors meeting held on May 19, 2026. The board considered and approved the audited financial results for the quarter and year ended March 31, 2026, and recommended the re-appointment of the statutory auditors.The board also approved plans to raise funds up to Rs 250 crores through various modes and recommended modifications to the 'Borosil Limited - Employee Stock Option Scheme 2020'.Financial Results and Audit Recommendation The board of directors approved the audited financial results (standalone and consolidated) for the quarter and year ended...

Siyaram Silk Mills Approves 2026 Financial Results; Declares Interim Dividend and Targets New Residential Project Siyaram Silk Mills Limited announced key decisions following its Board meeting held on May 19, 2026. The Board approved the audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2026. Additionally, the company declared a Special Interim Dividend and recommended a Final Dividend, while also detailing plans for a new residential development in Thane.Dividend Declarations and Financial ResultsDuring the meeting, the Board of Directors declared several key actions:Special Interim Dividend: A Special Interim Dividend of Rs. 4/- per Equity Share (representing 200%) was declared for the...

Capri Global Capital Receives No Comment Letter for USD 1 Billion Global Medium Term Note Program Capri Global Capital Limited announced the receipt of a 'No Comment Letter' from India International Exchange (IFSC) Limited regarding its plan to establish a Global Medium Term Note Programme. The transaction relates to an offering valued at USD 1 Billion.The communication confirmed that India International Exchange (India INX) issued the 'No Comment Letter' dated May 19, 2026. This clearance was secured for the Company’s proposed USD 1 Billion Global Medium Term Note Programme (GMTN Programme).Following the No Comment Letter, Capri Global Capital Limited subsequently submitted the final Offering Circular pertaining to the aforesaid...

Anthem Biosciences Approves Final Dividend, Recommends Key Directorships, and Announces FY26 Results Anthem Biosciences Limited announced the outcomes of its Board Meeting held on May 19, 2026. The Board considered and approved the audited financial results for the quarter and year ended March 31, 2026, and recommended several corporate actions, including a final dividend and the allotment of shares under its employee stock option plan.Financial Performance and Dividend Recommendation The Board of Directors approved the Audited Standalone and Consolidated Financial Results, prepared as per Indian Accounting Standards (Ind-AS), along with the accompanying Auditor's reports for the quarter and year ended March 31, 2026.The financial...

Share India Securities Limited Reports Strong Q4-FY26 Results; Board Recommends 50 Paisa Dividend Share India Securities Limited, a technology-driven financial services provider operating in the Indian capital markets, announced its audited standalone and consolidated financial results for the fourth quarter and the financial year ended March 31, 2026. The company reported significant year-on-year growth across its revenue streams, while the Board of Directors recommended a final dividend of INR 0.50 per share, based on a face value of INR 2.The firm, which offers customized solutions across various segments of the financial sector, highlighted its sustained focus on business diversification and technological growth throughout the...

Banswara Syntex Board Approves FY2026 Results, Recommends Final Dividend and Major Board Changes Banswara Syntex Limited announced significant outcomes from its Board of Directors meeting held on May 19, 2026. The Board approved the audited Standalone and Consolidated Financial Results for the fourth quarter and the full financial year ended March 31, 2026.In a key financial decision, the Board recommended a Final Dividend of Rs. 1/- per equity share of Rs. 5/- each for the fiscal year ended March 31, 2026, subject to approval at the ensuing Annual General Meeting.The company also provided a comprehensive update on its governance structure, including the re-appointment of key directors, the induction of a new independent director...

Equitas Small Finance Bank Announces Analyst and Institutional Investor Meeting Schedule Equitas Small Finance Bank Limited, previously known as Equitas Finance Limited, has announced the schedule for its upcoming Analyst and Institutional Investor meeting. The event is slated for Friday, May 22, 2026.The bank's representatives are scheduled to attend the conference titled Nakshatra III Virtual Conference. The meeting is organized by Centrum Broking Limited, offering both Group and One to One interaction formats. The conference will be conducted virtually.The key details of the investor conference are presented below:S.No.Day and Date of the ConferenceConference DetailsOrganized ByType of MeetMode1Friday, May 22...

Valiant Organics Limited Board Approves Cessation of Partnership in DVLLP and Related Transactions On May 19, 2026, the Board of Directors of Valiant Organics Limited held a meeting and passed resolutions approving the company's proposed cessation as a partner of Dhanvallabh Ventures LLP (DVLLP) and the associated material related party transaction.The Board noted the proposed cessation of Valiant Organics Limited as a partner of DVLLP and the disposal of its partnership interest in the entity. The Board further noted that, upon the cessation being effective according to the definitive documents executed between the relevant parties, DVLLP shall cease to be a subsidiary of Valiant Organics Limited.Related Party Transaction Details...

PI Industries Announces Leadership Updates and Financial Results for Fiscal Year 2026 PI Industries Limited announced several key board decisions and financial results following its board meeting held on May 19, 2026. The company's management also disclosed updates regarding senior leadership roles and board appointments.Governance and Leadership Changes The Board of Directors approved several appointments and changes in leadership positions. Key designations include:Lead Independent Director: Ms. Lisa J Brown was designated as the Lead Independent Director. Senior Management Personnel (SMP): Dr. Marco Busch, Global Chief Scientific Officer of PI AgSciences - Research and Development, was designated as Senior Management Personnel...