Markets

GIC Housing Finance Presents Financial Highlights for FY 2026 GIC Housing Finance Limited released its financial highlights for the year ended March 31, 2026, detailing key performance indicators across various financial metrics and operational ratios.Financial Performance Overview The company's key financial highlights show figures for the year ended March 31, 2026, compared with the previous year ending March 31, 2025.Particulars Year Ended 31-03-2026 Year Ended 31-03-2025 Increase / DecreaseSanctions 2,527 1,915 32Disbursements 2,299 1,789 29Interest Income 1,063 1,049 1Total Income 1,083 1,089 (1)Profit before Tax 159 206 (23)Profit after Tax after DTA/IDTL 154 160 (6)Borrowing Portfolio Share Capital...

Tirupati Forge Limited Approves FY26 Results Amid Strategic Investments in Defence Sector Tirupati Forge Limited announced the outcome of its Board Meeting held on May 18, 2026. During the meeting, the company approved the audited Standalone Financial Results, along with the Independent Auditors Report, for the quarter and year ended March 31, 2026. The company also approved the appointment of M/s. Mitesh Suvagiya & Co. Cost Accountants as the Cost Auditor for the financial year 2026-27.Statutory Auditors, M/s. Kamlesh Rathod & Associates, issued their Audit Reports, confirming an unmodified opinion on the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026.Financial...

Apollo Micro Systems Approves Financial Results and Recommends Final Dividend for FY26 Apollo Micro Systems Limited announced key outcomes from its Board meeting held on May 18, 2026. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, the board recommended a final dividend for the financial year and approved several appointments for the fiscal year 2026-2027.Financial Highlights and Dividend Recommendation At the board meeting, the company approved the financial results for the year ended March 31, 2026. Key financial metrics compared to the previous year are summarized below.The board also recommended a final dividend of Re 0.25 (0.25 paisa) per...

SEBI Orders Release of Frozen Assets After Recovering Over ₹40 Lakh from SIC Stocks Regulatory Order Facilitates Release of Assets for SIC Stocks The Securities and Exchange Board of India (SEBI) has issued a significant directive mandating the release of various financial assets belonging to SIC Stocks and Services Private Ltd. This order confirms the successful completion of a recovery process, marking the full settlement of a substantial outstanding debt.The order, dated May 18, 2026, formally directs all concerned financial institutions and postal services to lift existing attachment orders. This action covers bank and post office accounts, Demat accounts, and Mutual Fund folios.Background of the Recovery Proceedings The...

Maithan Alloys Limited Announces Interim Dividend of ₹1.00 Per Share for FY 2025-2026 Maithan Alloys Limited announced the declaration of an interim dividend of ₹1.00 per equity share, which has a face value of ₹10 each, for the financial year 2025-2026. The dividend was declared by the Board of Directors during a meeting held on May 16, 2026.The company fixed May 22, 2025, as the record date for the purpose of determining the names of persons entitled to the interim dividend. The dividend will be paid to members whose names appear in the Company's Register of Members, or to persons whose names are provided as the Beneficial Owner by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL)...

CMS Info Systems Limited Announces Buyback of Equity Shares at ₹340 Per Share CMS Info Systems Limited (the Company) has announced a buyback of up to 49,39,126 fully paid-up equity shares. The buyback, which will take place on a proportionate basis through the tender offer route, is scheduled to proceed at a price of ₹340 (Rupees Three Hundred Forty only) per Equity Share, payable in cash.The proposed transaction carries an aggregate consideration of up to ₹167,93,02,840 (Rupees One Hundred Sixty-Seven Crore Ninety Three Lakh Two Thousand Eight Hundred Forty only).The Company’s Board of Directors approved the buyback during its meeting held on May 14, 2026. The buyback is designed to distribute surplus cash to shareholders, enhance...

Yasho Industries Approves FY 2026 Financial Results and Recommends Dividend Yasho Industries Limited announced the outcomes of its Board meeting held on May 18, 2026. The Board approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, and recommended a final dividend for the fiscal period.In terms of governance, the Board also approved the re-appointment of two Independent Directors for extended tenures.Key Board Resolutions At the Board meeting, Yasho Industries Limited approved several key decisions:Financial Statements: The audited standalone and consolidated financial statements for the financial year ended March 31, 2026, were approved. Dividend Recommendation: A final...

Astral Limited Announces FY26 Financial Results and Recommends Dividend; Reappoints Managing Director Astral Limited announced its financial results for the year and quarter ended March 31, 2026, and confirmed the re-appointment of Mr. Sandeep Engineer as Managing Director. The Board of Directors also recommended a final dividend for the financial year.The company released both standalone and consolidated audited financial results for the period, detailing the company's performance up to March 31, 2026.Financial Performance Highlights For the year ended March 31, 2026, the consolidated results show a Total Income of 66,159 million Rs. The net profit for the year was 5,347 million Rs.The company's revenue from operations for the...

Royal Enfield to Invest ₹ 2,500 Crores in Greenfield Manufacturing Expansion in Andhra Pradesh Royal Enfield, the global leader in the mid-size motorcycle segment, is set to undertake a strategic manufacturing expansion in Andhra Pradesh. The company plans to acquire a land parcel in Tada (Tirupati), Andhra Pradesh, for a new greenfield facility with an estimated investment of approximately ₹ 2,500 crores.The project, which is subject to the company's board approval, is slated for phased implementation, calibrated to future market demand and operational needs.B. Govindarajan, Managing Director of Eicher Motors Ltd. and Chief Executive Officer of Royal Enfield, stated that this investment in Andhra Pradesh will augment the company's...

Electrosteel Castings Reports Financial Results for Q4 and FY2026 Electrosteel Castings Limited (ECL) announced its audited financial results for the fourth quarter (Q4FY26) and the financial year (FY25-26) ended March 31, 2026. The results highlight the company's consolidated and standalone financial and operational performance across the respective periods.Consolidated Financial Highlights For the consolidated results, the company recorded a Total Income of INR 6,133 Crores for FY25-26, compared to INR 7,443 Crores in FY24-25, reflecting a Year-on-Year (YoY) decline of 17.6%. Consolidated EBITDA stood at INR 574 Crores in FY25-26. Profit After Tax (PAT) for the full year was INR 161 Crores, down from INR 710 Crores in the previous...

Matrix Geo Solutions Limited Announces Audited Financial Results for March 31, 2026 Matrix Geo Solutions Limited, formerly known as Matrix Geo Solutions Private Limited, has released its audited financial results and corresponding statements for the half year and the year ended March 31, 2026. The results confirm the company's financial standing as of March 31, 2026.The company also released comprehensive statements detailing its Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement for the respective periods.Financial Highlights The audited financial results for the year ended March 31, 2026, showed a Total Income of 4,147.53 INR Lakhs. This compares to a Total Income of 2,219.25 INR Lakhs in the year ended March 31...

Monte Carlo Fashions Board Approves FY Results, Recommends 200% Dividend, and Investment in Subsidiary Monte Carlo Fashions Limited, the fashion company, announced key decisions following its Board of Directors meeting held on May 18, 2026. The Board reviewed and approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. Furthermore, the directors recommended a final dividend and approved a significant investment in the company's wholly owned subsidiary.Financial Results and Auditing OpinionDuring the meeting, the Board considered the Standalone and Consolidated Audited Financial Results for the Quarter and Financial Year ended March 31, 2026. The company confirmed...

Electrosteel Castings Board Approves Financial Results, Dividend, and Entry into Protective Coatings Market Electrosteel Castings Limited announced several major board resolutions following its meeting held on May 18, 2026. The Board approved the audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the company recommended a final dividend and greenlit its expansion into the Industrial Paints & Protective Coatings market.Key Governance and Leadership Appointments The Board approved significant changes in the company's leadership and committee structure.Board Chair and Director Tenure:Mr. Rajkumar Khanna was appointed as the Chairman of the Board of Directors...

Vivo Collaboration Solutions Adopts FY 2026 Financial Results; Appoints New Internal Auditor Vivo Collaboration Solutions Limited announced that its Board of Directors held a meeting on May 18, 2026. During this meeting, the Board adopted the audited financial statements for the half year and the full financial year ended March 31, 2026.The Board also formally appointed Mr. Vikash Bansal, Chartered Accountant (Membership No: 525233), as the Internal Auditor of the Company for the financial year 2026-27. Mr. Bansal was noted for his qualifications and extensive experience in the fields of finance and auditing.In addition to adopting the financials and appointing the internal auditor, the Company's committee evaluating options for...

Suntech Infra Solutions Reports Strong Performance with 16% Year-on-Year Growth in Total Income for FY26 New Delhi, May 18, 2026: Suntech Infra Solutions Limited, a prominent B2B civil construction and infrastructure services provider, announced its audited financial results for the half year and the full year ended March 31, 2026. The results indicate robust growth across the company's core business segments.Audited Financial Results Summary Suntech Infra Solutions reported significant financial performance metrics for the fiscal years 2026 and the half-year period, as detailed below:Metric H2 FY26 FY26Total Income ₹11,020.21 Lakhs ₹17,916.16 LakhsEBITDA ₹2,456.07 Lakhs ₹3,822.09 LakhsEBITDA Margin 22.29% 21.33%PAT...

Strides Pharma Science Reports Strong FY26 Performance with EBITDA at ₹9,253m Strides Pharma Science Limited announced its consolidated financial results for the quarter (Q4FY26) and Full Year (FY26) ended March 31, 2026, reflecting significant growth driven by its Ex-US markets. The company also recommended a dividend of ₹ 5 per share per share.The results showed strong performance across profitability, efficiency, and growth metrics.FY26 Performance Overview The company reported key operational and financial metrics for FY26:Ex-US Market Revenue: The Ex-US market generated ₹ 22,404m ($254m), recording a strong growth of 21% Year over Year (YoY). US Market Revenue: Revenue from the US market reached ₹ 24,897m ($284m), growing 2%...

NTPC Group Installed Capacity Rises Following PVUNL Unit-2 Trial Run NTPC Limited, the power generation company, has reported a significant increase in its total installed capacity following the successful operational milestone achieved by its subsidiary, Patratu Vidyut Utpadan Nigam Limited (PVUNL).The company announced that Unit-2, located within PVUNL, has successfully completed its trial run operation. This operational achievement means the 800 MW capacity unit has been included in the overall installed capacity of the NTPC group.This addition solidifies NTPC Limited's market presence and boosts its total generation capacity. The total installed capacity of the NTPC group now stands at 90,668 MW.The key figures detailing the...

Manba Finance Limited Approves Fresh Debt Raise of up to INR 200 Crores and Recommends Dividend Manba Finance Limited announced significant corporate developments following its Board meeting held on May 18, 2026. The Board approved the recommendation of a final dividend and authorized the issuance of up to INR 200 Crores in fresh debt instruments through a private placement.The company also released its audited financial results for the quarter and the financial year ended March 31, 2026, accompanied by an unmodified audit opinion from its Statutory Auditors.Dividend and Financial Results During the Board meeting, the directors recommended a final dividend of 0.25 per share (representing 2.5%) on the equity shares of face value Rs...

Strides Pharma Science Announces Financial Results and Dividend Recommendation for Fiscal Year Ended March 31, 2026 Bangalore, May 18, 2026 – Strides Pharma Science Limited announced the outcomes of its Board Meeting held on May 18, 2026. The Board approved the audited financial results (standalone and consolidated) for the quarter and the financial year ended March 31, 2026, alongside recommending a final dividend.The Board recommended a final dividend of Rs. 5/- per equity share of Rs. 10/- each, at the rate of 50%, for the financial year ended March 31, 2026.Financial Performance Highlights The company released its financial performance data, detailing the results for the quarter and full year ended March 31, 2026, in both...

Odisha's Financial Surge: SEBI Reveals How Local Growth is Propelling Investor Confidence and National Market Reach SEBI Chairman Tuhin Kanta Pandey addressed the Investor Awareness Program in Bhubaneshwar on May 18, 2026. Speaking at the event, he highlighted the phenomenal economic transformation occurring in Odisha. The address emphasized how local state development is translating into a massive surge in investor confidence across the region.The Chairman praised Odisha's progress, noting that the state's real GDP is estimated to grow at around 7.9% in FY26. This growth is even higher than the national average of 7.4%. Furthermore, the manufacturing sector is expanding strongly at 8.3%.Odisha's Economic Boom Fuels Investor...