Markets

S D Retail Limited Approves Annual Audited Results for Fiscal Year Ended March 31, 2026 S D Retail Limited, formerly known as S D Retail Private Limited, announced on May 19, 2026, that its Board of Directors approved the Annual Audited Financial Results for the Half-Year and Year Ended March 31, 2026. The company's Statutory Auditors, KKC & associates LLP, confirmed that the audited financial results for both the half-year and the full financial year ended March 31, 2026, carry an unmodified opinion.The company’s operations are primarily focused on manufacturing and trading of garments.Financial Performance and Annual Results The audited financial statements provide a comprehensive overview of the company's financial health...

SEBI Proposes Easing Call Recording Mandates for Institutional Clients, Aiming to Streamline RA Compliance The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing significant amendments to the maintenance of client interaction records for Research Analysts (RAs). The move is specifically designed to relax the mandatory requirement for maintaining call recordings when interacting with institutional investors, streamlining compliance while protecting the overall investor interest framework.The consultation paper, released on May 19, 2026, invites public feedback on modifying the existing SEBI (Research Analysts) Regulations, 2014. This suggests a major potential shift in the compliance burden for...

Sagility Limited Notifies Revised Income Tax Demand After Rectification Order Sagility Limited has reported a material update regarding its tax assessment for the Assessment Year 2023-24. The company confirmed receiving a rectification order from the Deputy Commissioner of Income Tax, Circle 6(1)(1) - Bengaluru, which revised the original income tax demand.The rectification order, dated May 8, 2026, was passed under Section 154 read with Section 143(3), Section 144C(3), and Section 144B of the Income Tax Act, 1961, covering the financial year 2022-23.The adjustment resulted in a significant revision of the income tax demand. The original demand stood at Rs. 100,00,36,187 (including interest), which was subsequently revised down to...

Royal Arc Electrodes Announces Board-Approved Dividend and Financial Results for FY 2026 Royal Arc Electrodes Limited announced its audited financial results for the Half Year and Year ended March 31, 2026, following the Board of Directors meeting held on May 19, 2026. The Board recommended a final dividend of Rs. 0.50 per share, representing 5% on the equity shares of face value of Rs. 10 each, for the financial year 2025-26, pending approval by the shareholders at the Annual General Meeting.The company also released the audited financial statements, showing key comparative data for the period ending March 31, 2026, and March 31, 2025.Key Financial Highlights (As at March 31, 2026) The company's Balance Sheet details reflect a...

Aether Industries Limited Allots 29,075 Equity Shares Under ESOS 2021 Aether Industries Limited announced the approval and allotment of Equity Shares under its Employee Stock Option Scheme 2021 (AIL ESOS 2021). The company confirmed that the Nomination and Remuneration Committee approved the issuance of 29,075 Equity Shares to eligible employees upon the exercise of options.The shares have a face value of Rs. 10 each, with the options being exercised at a price of Rs. 885 per share. The allotment of these shares contributes to the overall capital structure of Aether Industries Limited.For the AIL ESOS 2021, the company had previously obtained in-principle approval for a pool of 11,00,000 Equity Shares. All issued shares are...

Bhagiradha Chemicals Announces Final Dividend Recommendation and FY2026 Results Hyderabad, May 19, 2026 – The Board of Directors of Bhagiradha Chemicals & Industries Limited approved several key resolutions at a meeting held on May 19, 2026. The Board approved the audited standalone and consolidated financial results for the Quarter and Year ended March 31, 2026, and recommended a final dividend for the previous financial year.The Board also recommended the re-appointment of professional auditors for the financial year 2026-27 and set the schedule for the company’s 33rd Annual General Meeting.Financial Performance for FY 2026 The company presented the audited standalone and consolidated financial results for the year ended March 31...

NIIT Learning Systems Forges Strategic Partnership with Visier to Enhance Workforce Intelligence NIIT Learning Systems Limited, a global leader in managed learning services, announced a strategic partnership with Visier, a globally recognized leader in workforce intelligence. The collaboration is set to combine NIIT’s world-class managed learning and strategic consulting services with Visier's powerful AI platform, aiming to improve business outcomes for global customers.The partnership focuses on integrating Visier's Workforce AI platform—which provides trusted insights and contextual guidance—into NIIT’s operational framework. The two companies will collaborate by expanding Visier's resources, including technical expertise, business...

Borosil Renewables Limited Executive Chairman Discusses General Business Update in ET Now Interview Borosil Renewables Limited announced that an interview featuring the company's Executive Chairman, Mr. Pradeep Kumar Kheruka, was held on ET Now on May 19, 2026.The interview focused on the company's general business update. The coverage of the company's operations and status was available to view via a link provided to the public.BORORENEW Stock Price Movement Today, BOROSIL RENEWABLES LIMITED shares edged higher, gaining 5.32% to settle at ₹525.2. The stock's gains were supported by significant trading activity, with the equity moving on a volume of 1.15 million shares.

Mindteck Reports Audited Financial Results for March 31, 2026 Bengaluru, India – May 19, 2026 – Mindteck (India) Limited, a global engineering and technology solutions company, today announced its audited financial results for the quarter and year ended March 31, 2026. The company reported its consolidated revenue for the quarter stood at Rs. 103.91 crore, up from Rs. 100.46 crore in the previous quarter, and Rs. 104.02 crore for the corresponding quarter in the previous year.Consolidated net profit for the quarter reached Rs. 10.16 crore, compared to Rs. 5.05 crore in the quarter ending December 31, 2025, and Rs. 6.80 crore for the same period last year.Financial Performance Summary The company’s full-year performance for March 31...

WSB Partners Invests ₹75 Crore in Omaxe Group, Targets Tier II Markets WSB Partners, a real estate-focused investment firm, has made a substantial entry into Tier II markets with a ₹75 crore investment in Omaxe Group. This funding is specifically allocated against residential plotted projects situated in Ujjain and Indore, two high-growth Tier II markets.The capital infusion is designed to capitalize on the strong demand fundamentals and ongoing infrastructure development characterizing these emerging regional markets.Investment Strategy and Market Context Tier II and III cities are increasingly attracting institutional capital due to favorable economic conditions. These trends are being driven by rising incomes, improving...

Surana Telecom and Power Limited Approves Re-appointment of Whole-time Director Rangarajan Venkataramanan Thiruvaiyar Surana Telecom and Power Limited announced that its Board of Directors approved the re-appointment of Shri. Rangarajan Venkataramanan Thiruvaiyar as a Whole-time Director. The board meeting for this decision was held on May 19, 2026.The company's board considered and approved the re-appointment of Shri. Rangarajan Venkataramanan Thiruvaiyar for an additional period of three years. This tenure is set to begin on August 09, 2026, and is subject to the subsequent approval of the company’s shareholders.Shri. Rangarajan Venkataramanan Thiruvaiyar is reported to be a Graduate in Commerce and brings substantial experience...

Mahindra & Mahindra Financial Services Allots Non-Convertible Debentures Worth Rs. 2,200 Crore Mahindra & Mahindra Financial Services Limited announced the successful allotment of Non-convertible Debentures (NCDs) on a private placement basis, aggregating to Rs. 2,200,00,00,000/- (Rupees Two Thousand Two Hundred Crore only). The allotment occurred on May 19, 2026, following a successful bidding process on the BSE Bond-EBP Platform.The company approved the allotment of 2,20,000 Secured, Rated, Floating, Listed Redeemable Non-convertible Debentures. These debentures have a face value of Rs. 1,00,000 per debenture.The total subscription amount of Rs. 2,200 Crore represents a combined base issue size of Rs. 2,000 Crore and a Green Shoe...

W.S. Industries Announces Computation of Notional Gain Following Trading Window Reopening W.S. Industries (India) Limited has provided an outcome of its notional gain computation relating to transactions made by M/s. Renaatus Procon Private Limited (RPPL). The company's calculation followed the reopening of the trading window subsequent to the announcement of the financial results for the quarter and financial year ended March 31, 2026.The Board of Directors of W.S. Industries (India) Limited had approved the audited financial results for the period at its meeting held on May 14, 2026. Following the declaration of these results, the trading window was considered to have reopened. Consequently, May 18, 2026, became the benchmark date...

Aditya Vision Limited Opens 208th and 209th Showrooms in Agra and Patna Aditya Vision Limited announced the opening of two new showrooms on May 19, 2026, expanding its retail presence in key markets. The company successfully inaugurated locations in both Agra, Uttar Pradesh, and Patna, Bihar.The expansion marks the establishment of the 208th and 209th showrooms for Aditya Vision Limited.The details of the newly opened showrooms are as follows:S.No.Showroom NameLocationShowroom Count1Fatehabad Road, Tajganj, Agra-282001, Uttar PradeshUttar Pradesh208th Showroom2S VHeight, Rupaspur, Bailey Road, Patna- 801506, BiharBihar209th ShowroomAVL Stock Price Movement Shares of Aditya Vision Limited today slipped by 0.59% to...

Manugraph India Limited Approves Audited Financial Results for Year Ended March 31, 2026 Manugraph India Limited announced on May 19, 2026, the Board of Directors' approval of the audited financial results for the quarter and year ended March 31, 2026. The company released the detailed financial statements, including the statement of cash flows and balance sheet, alongside the auditors' report.The company noted that the Board meeting commenced at 3:15 p.m. and concluded at 4:55 p.m.Audit Confirmation and Financial Status The audit report, prepared by Desai Shah & Associates, confirmed that the financial statements for the year ended March 31, 2026, give a true and fair view in accordance with Indian Accounting Standards (Ind AS)...

DCM Financial Services Reports Financial Results with Qualified Opinions; Highlights Going Concern Concerns DCM Financial Services Limited released its audited financial results for the year ended March 31, 2026, which carry qualified opinions from its statutory auditors. The filings detail the financial position and operational status, highlighting a material uncertainty regarding the company's ability to continue as a going concern.Financial Results Overview The company reported its financial results on a consolidated basis, including Global IT Options Limited. Key figures for the year ended March 31, 2026, are presented below.MetricStandalone (Year Ended March 31, 2026)Consolidated (Year Ended March 31, 2026)Total...

Orkla India Limited Approves FY26 Financial Results and Reappoints Internal Auditors Orkla India Limited announced the approval of its financial results for the quarter and financial year ended March 31, 2026, following the Board of Directors meeting held on May 19, 2026. The company also approved the re-appointment of M/s. Deloitte Touche Tohmatsu India LLP as its Internal Auditors for the financial year 2026-27.The Board meeting commenced at 3:00 P.M. (IST) and concluded at 3:40 P.M. (IST).Financial Results for FY26 The company released the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026, along with the Statutory Auditor's Report dated May 19, 2026, issued by M/s. S.R...

IndusInd Bank Clarifies Status Following Media Report on Insider Trading Allegations IndusInd Bank Limited issued a clarification on May 19, 2026, addressing a media article published by Moneycontrol on May 18, 2026. The article focused on alleged summons from SEBI related to an insider trading case involving a former top official at client companies.In the statement, the bank directly refuted the core claims presented in the media report. IndusInd Bank Limited asserted that it has not received any summons from the authorities as referenced in the published article.Furthermore, the bank specifically stated that the references made in the media report concerning the Company Secretary and the Audit Committee Chairperson, Ms. Bhavna...

Surana Telecom and Power Limited Divests 49% Stake in Bhagyanagar Solar Private Limited Surana Telecom and Power Limited, formerly known as Surana Telecom Ltd., announced on May 19, 2026, that its Board of Directors had approved the proposal for the divestment of its 49% equity stake in M/s. Bhagyanagar Solar Private Limited.Following the Board meeting, the company confirmed that M/s. Bhagyanagar Solar Private Limited will cease to be a wholly owned subsidiary and will transition to a subsidiary company.The sale of the equity stake marks a key operational change for Surana Telecom and Power Limited. The transaction details provide a clear outline of the sale parameters, including the buyer, the transaction value, and the expected...

Cyient DLM Appoints Ramakanth Alapati as President & Chief Strategy and Growth Officer Hyderabad, May 19, 2026: Cyient DLM, an integrated partner for design-led manufacturing, announced the appointment of Ramakanth Alapati as President & Chief Strategy and Growth Officer. This move aims to strengthen the company's leadership team as Cyient DLM accelerates its growth across high-potential global markets.Based in Dallas, USA, Ramakanth Alapati will lead Cyient DLM's strategic initiatives in emerging growth sectors and drive the development of a robust global customer pipeline. He brings over two decades of distinguished leadership across advanced electronics manufacturing, high-precision packaging, capital equipment, and deep-tech...