Markets

PG Electroplast Limited Receives SEBI Administrative Warning Regarding Designated Persons’ Trades PG Electroplast Limited has reported receiving an administrative warning letter from the Securities and Exchange Board of India (SEBI) concerning violations related to insider trading among certain Designated Persons. The company stated that the warning is in connection with trades executed that contravened the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the SEBI Act, 1992.The administrative warning letter was dated May 15, 2026, and the Company received the communication on May 18, 2026.In assessing the implications of the violation, PG Electroplast Limited noted that there will be no financial or operational impact on...

PNC Infratech Limited Announces Standalone and Consolidated Financial Results for Quarter and Year Ended March 31, 2026 PNC Infratech Limited announced its standalone and consolidated financial results for the quarter and year ended March 31, 2026, on May 19, 2026. The company provided key financial metrics for both periods, detailing revenue, EBITDA, and Profit After Tax (PAT).Key Financial Results Summary The company reported significant figures across both standalone and consolidated performance indicators for the respective periods.Standalone Financial Highlights (Rs. in crore) The following table provides a comparison of standalone key financials for Q4 FY26, Q4 FY25, and the full year (12M FY26 and 12M FY25):Key...

E2E Networks Faces Stamp Duty Liability of Rs 2.52 Crore Over Share Issuance (2021-2025) E2E Networks Limited has received an order from the Office of the Collector of Stamps, Government of NCT of Delhi, concerning the stamp duty applicable to the issuance of certain shares in dematerialized form. The order relates to a period spanning from 2021 to 2025.The Collector of Stamps issued an order dated May 14, 2026, determining a stamp duty liability and an associated penalty for the Company.The total financial liability detailed in the order is structured as follows:ComponentAmount (INR)Stamp Duty Liability1,27,92,189/-Penalty1,25,00,000/-Total Aggregated Amount2,52,92,189/-The dispute centers on the statutory...

Advent Hotels International Ltd Approves FY 2025-26 Results, Dissolves Risk Management Committee Advent Hotels International Limited announced that its Board of Directors, in a meeting held on May 19, 2026, approved the audited standalone and consolidated financial results for the Fourth quarter and the full year ended March 31, 2026. The Board also approved the immediate dissolution of the company's Risk Management Committee.The Company, which operates in the hospitality business, noted that the committee was voluntarily constituted and was not mandatorily required under regulatory stipulations. Management stated that the company reserves the right to reconstitute the committee when such requirements arise.Financial Performance...

Take Solutions Limited Appoints Sunil Patra as Managing Director and CFO Take Solutions Limited announced that its Board of Directors conducted a meeting on Tuesday, May 19, 2026, during which several key appointments were approved. The company appointed Mr. Sunil Patra, holding DIN: 11728362, to the roles of Managing Director and Chief Financial Officer (CFO), effective immediately on May 19, 2026.The company confirmed that Mr. Sunil Patra is not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other authority.The Board approved the appointment of Mr. Patra as Managing Director for a term of five years. This tenure is subject to the approval of the...

United Foodbrands Releases Audited Financial Results for March 31, 2026 United Foodbrands Limited, formerly known as Barbeque-Nation Hospitality Limited, released its audited financial results for the quarter and full financial year ending March 31, 2026. The company also presented its audited consolidated financial results, providing key insights into the performance across its various operating entities.The company’s Board of Directors reviewed and approved the audited Standalone and Consolidated Financial Statements for the period.Standalone Financial Performance The standalone results detail the operational and financial standing of the Company. For the year ended March 31, 2026, total revenue from operations reached 10,254.04...

C2C Advanced Systems Reports on Diversified Growth in Defence, Industry, and International Markets C2C Advanced Systems Limited, an Indian technology company, reported on its operations for the Financial Year 2025-26, highlighting significant execution across its core verticals: Defence Systems, Security, Critical Infrastructure, and Industry Transformation. The company's technology strategy emphasizes a software-first, IP-driven architecture, which forms the foundation of its proprietary MAGI platform family.Defence and Security Sector Milestones Defence remains C2C’s core vertical, with the company advancing its presence across naval, counter-drone, and general defence electronics in both domestic and international markets.Indian...

PNC Infratech Limited Board Approves Financial Results, Recommends Dividend, and Appoints New CFO PNC Infratech Limited held its Board of Directors meeting on Tuesday, May 19, 2026. During the meeting, the Board approved key financial results for the preceding period and made several significant appointments related to internal and statutory governance.The Board considered and took on record the Audited Standalone and Consolidated Financial Results for the quarter and the year ended March 31, 2026. The company also received the Auditor's Report, issued by M/s NSBP & Co., Chartered Accountants, which stated an unmodified opinion on the financial results for the quarter and the full financial year.Dividend Recommendation and Financial...

Zydus Lifesciences Reports Strong Q4 and Full Year FY26 Results; Approves Dividend and Buyback Zydus Lifesciences Limited announced its financial results for the fourth quarter (Q4) and the full fiscal year (FY) 2026, showing significant year-over-year growth across key operational areas. The company also recommended a 100% dividend for FY 2025-26 and approved a buyback of equity shares.Consolidated Financial Performance The company reported robust revenue growth and strong profitability metrics for the quarter and the full year.For the quarter ended March 31, 2026, the highlights include:Metric (Rs. mn)Q4 FY26Q4 FY25% Growth YoYRevenue from Operations75,87065,27916.2%EBITDA25,54421,25520.2%EBITDA margin (%)33.7%32.6%...

Finolex Cables Initiates Notice for KYC Update and Claims of Unpaid Dividends Finolex Cables Limited has issued a notice to shareholders holding physical securities concerning the importance of updating Know Your Customer (KYC) and Nomination records. The company has begun a process to obtain this critical documentation from shareholders whose shares are currently held in physical form.The company also informed the stakeholders regarding unclaimed dividend payments. Shareholders are advised that Finolex Cables Limited has sent notices detailing the process for claiming dividends that are currently lying unpaid with the company.This notice confirms that the company is taking steps to ensure that records are updated for both physical...

Surana Telecom Announces Major Disinvestment Plan and Board Updates Following Q4 FY26 Results Surana Telecom and Power Limited (formerly Surana Telecom Ltd.) announced key outcomes from its Board Meeting held on May 19, 2026. During the meeting, the Board approved the audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended March 31, 2026.On the governance front, the Board of Directors approved the reappointment of Mr. Rangarajan Venkataramanan Thiruvaiyar (DIN: 08749253) as Whole-time Director. This appointment is for a second term of three years, spanning from August 09, 2026, to August 10, 2029, and is subject to approval at the ensuing Annual General Meeting.The company also approved...

NCLAT Rejects Appeal of Paradeep Phosphates on Entry Tax Exemption in Odisha Paradeep Phosphates Limited has announced that the National Company Law Appellate Tribunal (NCLAT) rejected the company's appeal seeking Entry Tax exemption in Odisha. This development follows the NCLAT's order dated May 18, 2026, concerning the rehabilitation scheme sanctioned by BIFR.The litigation involves the company's claim for exemption or remission from Entry Tax within the framework of a rehabilitation scheme that was operational from 2007 to 2014.According to the company, the dispute was originally sanctioned by BIFR on September 2, 2008, under the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985.Financial and Litigation...

Bharat Electronics Limited Reports FY 2025-26 Results, Recommends Final Dividend Bharat Electronics Limited (BEL), a Government of India Enterprise under the Ministry of Defence, announced the outcomes of its Board Meeting held on May 19, 2026. The company approved its Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, and also recommended a final dividend for the financial year 2025-26.The Board meeting, which commenced at 11:15 A.M. and concluded at 3:00 P.M. on May 19, 2026, finalized key operational and financial outcomes for the fiscal year.Financial Results Highlights BEL's financial reporting details include Standalone and Consolidated results for the quarter and year ended...

PTL Enterprises Limited Board Approves Final Dividend and Recommends Director Reappointment PTL Enterprises Limited reported its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors, in its meeting held on May 14, 2026, reviewed the financials and recommended a Final Dividend, alongside the re-appointment of a director.The Board also recommended the re-appointment of Mr. Harish Bahadur as a Non-Executive, Non-Independent Director, liable to retire by rotation, pending shareholder approval at the ensuing Annual General Meeting (AGM).Financial Performance Summary The audited financial results for the period ending March 31, 2026, showed Total Income reaching 7,396.31 compared to 7,109.77 for...

Amanta Healthcare Board Approves Revision of Chairman’s Remuneration Amanta Healthcare Limited announced that its Board of Directors, at a meeting held on May 19, 2026, approved a revision in the remuneration package for its Chairman & Managing Director, Shri Bhavesh Girishbhai Patel. The revised compensation structure is subject to obtaining approval from the shareholders via a Special Resolution at the upcoming Annual General Meeting.Shri Bhavesh Girishbhai Patel, who serves as the Chairman & Managing Director, was the subject of the remuneration review. The Board determined the proposed changes, which will be effective from April 1, 2026, and remain in place until the company's next re-appointment.The details of the proposed...

JSW Energy Increases Stake in Toshiba JV to Strengthen Thermal Supply Chain JSW Energy Limited announced a significant strategic investment, confirming the execution of a definitive agreement to acquire an additional equity stake in Toshiba JSW Power Systems Private Limited (TJPS). The secondary purchase of shares from Toshiba Corporation, Japan, aims to bolster the company's thermal power supply chain and support its planned capacity expansion.The strategic investment involves a total cash consideration of ₹ 150 Crores. Following the acquisition, JSW Energy's shareholding in TJPS is set to increase substantially.JSW Energy's stake in TJPS will improve to 20.7% on a non-diluted basis, and 10.7% on a fully diluted basis.TJPS...

Orkla India Reports Resilient FY26 Performance, Driven by 4.8% Revenue Growth Orkla India Limited, a portfolio company of Orkla ASA, has announced its financial results for the quarter and the full fiscal year ended March 31, 2026. The company reported a consolidated revenue from operations of ₹2,509 crore for FY26, marking a 4.8% year-on-year increase. EBITDA grew by 7.0% year-on-year to ₹424 crore, while EBITDA margins expanded to 16.9%, supported by disciplined operational management and volume-led growth of 5.9%.For the fourth quarter of FY26, Orkla India maintained a revenue growth of 5.0% year-on-year. Despite facing external headwinds due to geopolitical volatility and temporary market disruption in Kerala, the company reported...

Bharat Forge Signs MoU with Andhra Pradesh Government to Establish India's First Private-Sector Marine Gas Turbine Facility Visakhapatnam/Puttaparthi, May 19, 2026Bharat Forge Limited, through its Aerospace division, has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh. The agreement aims to establish India's first private-sector Marine Gas Turbine (MGT) Repair, Overhaul, and indigenous Development complex at Visakhapatnam. The facility will be located on approximately 80 acres within the Andhra Pradesh Defence Manufacturing Corridor.The MoU was signed by Mr. Guru Biswal, CEO -Aerospace, Bharat Forge Limited, during the Aerospace and Defence Investment Conclave at Puttaparthi. The event was attended...

Welspun Living Approves Buyback of Equity Shares Up to Rs. 252 Crore Welspun Living Limited announced a significant buyback plan for its fully paid-up Equity Shares, approved by its Board of Directors during a meeting held on May 15, 2026. The company has set the maximum buyback size at Rs. 252 Crore.The Board resolution confirmed the approval for the buyback of equity shares, which will be executed through the Tender Offer route.Key parameters of the buyback include:ParameterDetailMaximum Shares to Buyback1,44,00,000 (One Crore Forty Four Lakhs)Face Value per ShareRe. 1/- (Rupee One Only)Buyback PriceRs. 175/- (Rupees One Hundred and Seventy Five Only) per shareMaximum Buyback ValueRs. 252 Crore (Rupees Two Hundred...

HCG Launches Comprehensive Cancer Hospital in North Bengaluru with Karnataka's First MR-Linac HealthCare Global Enterprises Limited (HCG), India's largest dedicated cancer hospital network, has launched a new comprehensive cancer hospital facility in Byatarayanapura (Hebbal), North Bengaluru. The new center significantly strengthens access to advanced oncology care in North Bengaluru, positioning itself as a major advancement in the region's cancer treatment landscape.The new facility introduces Karnataka's first Elekta Unity MR-Linac, a state-of-the-art radiation therapy platform. This advanced technology integrates high-quality MRI imaging with a linear accelerator, enabling highly precise, adaptive cancer treatment. The hospital is...