Markets

RBI Mandates IFR Relief: Major Regulatory Overhaul Boosts Confidence for Indian Banking Sector The Reserve Bank of India (RBI) issued sweeping Amendment Directions on May 18, 2026, concerning the Investment Fluctuation Reserve (IFR). The move represents a significant tightening of regulatory clarity and is expected to reshape the compliance landscape for multiple bank categories across India.The central bank revealed comprehensive changes to the norms governing the IFR requirement for various Regulated Entities. This overhaul follows a thorough review process that incorporated feedback received from industry stakeholders.Key Amendments to Investment Fluctuation Reserve Norms The core of the amendment proposes a structural shift in...

RBI Reveals Payment Surge: Report Deep Dives into Global Trends and CCP Role The Reserve Bank of India today published the comprehensive half-yearly Payment System Report, December 2025. This critical report offers readers an in-depth analysis of the evolving Indian payments landscape, covering both historical performance and future regulatory directions. The document serves as a crucial benchmark for understanding the speed and scope of digital finance in India.Scope and Focus of the Payment System Analysis The report meticulously analyzes the trends in payment transactions that have occurred using various payment systems across India. This analysis spans the last five calendar years, providing a robust picture up to the second half...

RBI Finalizes Redemption Price for SGB, Offering Clarity on Fifth-Year Gold Bond Liquidity The Reserve Bank of India (RBI) has issued a formal notification detailing the premature redemption price for a specific tranche of Sovereign Gold Bonds (SGB). The release provides crucial parameters for investors holding the SGB 2020-21 Series-II. This circular confirms the necessary steps and the calculation methodology for the upcoming redemption due date.Parameters for SGB Premature Redemption The RBI confirmed that premature redemption of the SGB 2020-21 Series-II is permitted under specific conditions. The original notification, dated April 13, 2020, mandates that redemption can occur after the fifth year from the issuance date.For the...

Neochem Bio Solutions Releases Audited Financial Results for FY 2026, Reporting 32% Jump in Revenue Neochem Bio Solutions Limited today announced its audited financial results for the half year and the full financial year ended March 31, 2026. The Board of Directors approved the results, confirming the figures with an unmodified opinion from the Statutory Auditors.The financial performance highlights indicate significant growth across core metrics. The company reported a substantial increase in Revenue from Operations and Profit After Tax (PAT) year over year.Financial Highlights (₹ Lakhs) The audited results show the following key metrics comparing the fiscal years 2024-25 and 2025-26:Metric FY 2025-26 FY 2024-25 Year over Year...

Rama Phosphates Reports Strong Financial Performance, Outlines Major Expansion Plans Rama Phosphates Limited announced its audited financial results and significant capacity expansion plans, reflecting strong operational growth across its fertilizer and agri segments.The company reported a total income of 21,972.78 lakhs for the quarter ended March 31, 2026, compared to 20,124.15 lakhs for the same period in the previous year. Furthermore, for the full year ended March 31, 2026, the total income reached 89,442.48 lakhs, marking a substantial increase from 74,535.18 lakhs recorded in the year ending March 31, 2025.The reported net profit figures also showed marked growth. For the quarter ending March 31, 2026, the company posted a...

Varroc Engineering Limited Board Meeting Scheduled for May 27; Trading Window Remains Closed Varroc Engineering Limited announced that its Board of Directors meeting is scheduled for Wednesday, May 27, 2026. The meeting is slated to address several critical corporate matters, including the approval of the financial results and consideration of fresh funds.The primary agenda items for the board include:Considering and approving the Audited Financial Results (Standalone and Consolidated) for the Quarter and Financial year ended on March 31, 2026. Recommending a Final Dividend, if any, on the Equity Shares of the Company for the Financial Year 2025-26. Considering the raising of funds through the issuance of Secured/Unsecured...

Current Infraprojects Limited Announces Resignation of General Manager Human Resources Current Infraprojects Limited has confirmed the resignation of Mr. Roshan Shekhawat from the position of General Manager Human Resources. The company stated that Mr. Shekhawat tendered his resignation via email on April 3, 2026.The management acknowledged the departure of Mr. Shekhawat, noting that the senior management personnel will be relieved from their duties with effect from the close of business hours on May 18, 2026.Mr. Shekhawat communicated his decision to pursue further professional growth and long-term career advancement. During his resignation communication, he assured the management of his complete support in handing over...

Bajaj Auto Subsidiary Terminates Loan Agreements After Repaying Euro 80 Million in Dues Bajaj Auto Limited has announced the termination of several loan agreements involving its subsidiaries following significant prepayments of outstanding corporate dues. Bajaj Auto International Holdings BV (BAIH BV), a wholly owned subsidiary of Bajaj Auto Limited, successfully repaid outstanding dues aggregating to Euro 80 million to JP Morgan Chase Bank N.A. and DBS Bank Ltd., leading to the termination of the loan agreements with these two financial institutions on May 18, 2026.The termination marks a key financial update related to the corporate restructuring activities of the group. The repayment was facilitated by Bajaj Auto International...

Jet Freight Logistics Approves Annual Audited Financial Results for FY 2025-2026 Jet Freight Logistics Limited, an NSE and BSE listed company, announced on May 13, 2026, that its Board of Directors approved the Annual Audited Standalone and Consolidated Financial Results for the quarter and financial year ending March 31, 2026.The Board meeting also formalized the appointment of an Internal Auditor for the Financial Year 2026-27.Financial Performance Review The company released its comprehensive financial results, providing both quarterly and annual data, alongside its Statement of Standalone and Consolidated Audited Financial Results, Balance Sheet, and Cash Flow Statement for the period.The consolidated financial statement data...

Associated Alcohols & Breweries Reports No Deviation in Fund Utilization from Convertible Warrants Associated Alcohols & Breweries Limited reported on May 18, 2026, confirming the utilization of funds raised through two separate preferential issues of convertible warrants. The company stated that there is no deviation or variation in the use of proceeds against the objects stated in the Offer Document for both warrant issuances.The report details the allocation and utilization of funds raised in March 2024 and October 2024, covering the reporting period for the quarter ended March 31, 2026.Details of Preferential Warrant Issues The company issued warrants on two dates, both via a Preferential Issue of Convertible Warrants. The...

Bansal Wire Industries Limited Receives Favorable Appeal Order on GST/SGST Assessment Bansal Wire Industries Limited announced the receipt of a favorable appeal order concerning a Goods and Services Tax (GST) and State GST (SGST) assessment for the financial year 2023-24. The order, received on May 18, 2026, pertains to an appeal filed against a Joint Commissioner, SGST, assessment order issued under Section 74 of the CGST/SGST Act, 2017.The appeal, which was heard by the Additional Commissioner Grade-II Appeal, addressed alleged issues related to E-way bill procedures, the availment of blocked and excess Input Tax Credit (ITC), and non-payment of tax on the sale of RODTEP license.The company detailed the financial implications...

Avi Ansh Textile Limited Announces Financial Results for Half Year and Year Ended March 31, 2026 Avi Ansh Textile Limited, formerly known as Avi Ansh Textile Pvt. Ltd., announced the approval of its audited financial results for the half year and the financial year ended March 31, 2026, following the meeting of its Board of Directors held on May 18, 2026.During the Board meeting, the company also took note of the resignation of Mrs. Asha from the post of Company Secretary and Compliance Officer. Her duties will be relieved with effect from May 20, 2026.Financial Performance and Results The company released audited financial results, providing a view of its performance over the period ending March 31, 2026. The reported financials...

Tejas Networks Announces Transfer of Unclaimed Dividend and Shares to IEPF Authority Tejas Networks Limited has announced that shares and dividend amounts remaining unclaimed for seven consecutive years or more will be transferred to the Investor Education and Protection Fund (IEPF) Authority.The company noted that, under statutory provisions, all shares for which dividends have not been paid or claimed by a shareholder for seven consecutive years or more must be transferred to the IEPF Authority. This process is managed by a Fund constituted by the Government of India under Section 125 of the Companies Act.The communication specifically highlighted the dividend declared for the financial year 2018-2019, which is currently noted as...

Rama Phosphates Limited Board Recommends Final Dividend for FY 2025-26 Rama Phosphates Limited, a manufacturer of SSP Fertilizer, Sulphuric Acid, Oleum 23% | 65%, Chlorosulfhonic Acid, Edible Soya Oil, Soya De Oiled Cake, Lecithin, MgSO,, ZnSO,(Hepta & Mono Hydrate), Mix Micronutrients, Sulphur DP, SSF, Phospho Gypsum, and LABSA, announced key details regarding its total dividend payout for the financial year 2025-26.The Board of Directors has recommended a final dividend of 0.25 per equity share. This amount represents 5% of the face value of the share, effective for the financial year ending 2025-26. This payment, however, is subject to approval by the members at the forthcoming Annual General Meeting (AGM).The company also...

BEML Land Assets Announces Standalone Financial Results for FY 2025-26 and Q1 FY 2026 BEML Land Assets Limited, a Government of India Company under the Ministry of Defence, announced its Standalone Audited Financial Results for the year ended March 31, 2026, and the results for the Fourth Quarter, following the Board of Directors' meeting held on May 18, 2026. The Board of Directors considered and approved the results along with the Independent Auditor's Report.The company has made arrangements to publish extracts of these results in a national daily (English) and a local daily (Kannada) newspaper.Financial Performance Highlights The standalone financial results for the quarter and year ended March 31, 2026, showed the following key...

Kokuyo Camlin Limited Sets July 30, 2026, as Record Date for Dividend Entitlement Kokuyo Camlin Limited announced the record date for determining member entitlement to receive the dividend for the financial year ended March 31, 2026. The record date has been set for July 30, 2026.The company confirmed that the dividend on equity shares, which was recommended by the Board, is subject to declaration at the 79th Annual General Meeting (AGM). The payout of this dividend is anticipated after August 6, 2026.The company also provided details regarding the book closure period for the purpose of the Annual General Meeting (AGM) and dividend declaration. The book closure will take place from July 31, 2026, to August 6, 2026, inclusive.To...

ATLANTAA LIMITED Announces FY2026 Financial Results and Key Board Approvals ATLANTAA LIMITED, previously known as Altanta Limited, announced the outcome of its Board of Directors meeting held on May 18, 2026. At this meeting, the company’s Board of Directors considered, approved, and took on record the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.The Board’s approvals also included the appointment of Mr. Ajit Sabat, Cost Management Accountant, as the Internal Auditor of the Company for the financial year 2026-27.Financial Results for the Quarter and Year Ended March 31, 2026 The company released detailed audited financial statements covering the quarter and the full year ending...

Heritage Foods Limited Confirms Schedule for Analyst Investor Conference on May 28, 2026 Heritage Foods Limited announced that the senior management of the company will participate in an investor conference and series of one on one meetings. The engagement is scheduled for May 28, 2026.The management will be attending the 360 ONE Capital (B&K) 16th Annual Investor Conference, part of the Trinity India 2026 event.The conference details, including the meeting type and location, are presented below:Date of Meeting Analyst / Investors / Event Place Meeting TypeMay 28, 2026 360 ONE Capital (B&K) 16 th Annual Investor Conference - Trinity India 2026 Mumbai In-Person MeetingsHERITGFOOD Stock Price Movement Today, Heritage Foods...

Atlantaa Limited Announces Audited Financial Results for FY 2026; Re-appoints Internal Auditor Atlantaa Limited, formerly known as Altanta Limited, released its audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, following a Board meeting held on May 18, 2026. The company also announced the re-appointment of a qualified accountant as its Internal Auditor.During the Board meeting, the company considered, approved, and took on record the financial results for the quarter and year ended March 31, 2026, supported by an audit report with an unmodified opinion. Furthermore, the Board approved the re-appointment of Mr. Ajit Sabat, Cost Management Accountant, as the Internal Auditor for the...

South Indian Bank Revises Marginal Cost of Funds Based Lending Rates (MCLR) The South Indian Bank Limited announced revisions to its Marginal Cost of Funds Based Lending Rates (MCLR). The updated MCLR applicable for various tenors will be effective starting May 20, 2026.The bank released the updated rates, showing the revised MCLR across different lending tenors.Tenor MCLROvernight MCLR 7.95%One-month MCLR 8.40%Three-month MCLR 9.35%Six month MCLR 9.40%One year MCLR 9.45%The updated lending rates reflect the changes in the cost of funds for the bank across different loan tenors, effective May 20, 2026.SOUTHBANK Stock Price Movement Shares of The South Indian Bank Limited today slipped 1.24%, settling at ₹38.25...