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Karnika Industries Boards Approve Financial Results for FY 2025-2026; Re-appoint Auditor Karnika Industries Limited announced the successful completion of its Board of Directors meeting on Saturday, May 16, 2026. During the meeting, the Board considered and approved the Audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026. Additionally, the company approved the re-appointment of Ajay Mundhra & Associates, Chartered Accountants, as Internal Auditor for the Financial Year 2026-27.The company also confirmed that it fully utilized its IPO proceeds during the Financial Year 2023-24.Financial Performance Highlights The Board approved the release of financial results encompassing the quarter...

De Neers Tools Reports FY26 Growth of 23.0% YoY, Announces Strategic Expansion and Joint Venture De Neers Tools Limited achieved strong year-over-year growth in its financial results for FY26, reporting consolidated revenue of ₹1,780.3 Mn, marking a 23.0% increase compared to the previous fiscal year. The company also noted significant growth in profitability, with consolidated EBITDA reaching ₹387.3 Mn, a 50.0% increase.The strong annual performance was highlighted by the recovery in the second half of FY26, which saw consolidated Net Sales rise 40.5% Year Over Year (YoY) to ₹1,056.8 Mn.Financial Performance Summary Analyzing the consolidated results, De Neers Tools reported robust metrics across both halves of the fiscal year...

Dodla Dairy Reports Strong Revenue Growth in FY26 Amid Margin Pressure Dodla Dairy Ltd., a leading integrated dairy company, has announced its audited financial results for the fourth quarter (Q4) and the full fiscal year (FY26). The company reported robust revenue figures, noting record sales volumes and solid growth in its Africa and Orgafeed segments, despite input costs putting pressure on gross margins.Consolidated Financial Overview The financial results for Q4 FY26 and FY26 show significant top-line growth for the company. Consolidated revenues reached ₹ 10,745 Mn in Q4 FY26, marking an 18.1% year-on-year (YoY) increase from ₹ 9,096 Mn in Q4 FY25. Over the full fiscal year, revenues for FY26 stood at ₹ 41,252 Mn, demonstrating...

Srinibas Pradhan Constructions Secures Contract Value of INR 8.22 Crores from NTPC Limited Srinibas Pradhan Constructions Limited, through its wholly owned subsidiary, Srinibas Pradhan Infra Private Limited, has received a purchase order from NTPC Limited. The contract involves the execution of a connecting road project at a major facility.The contract award pertains to the work of connecting the road to the Proposed Labour/Material Entry Gate for DSTPP Stage-II. The transaction falls under the domestic sector and is governed by the terms and conditions laid out in the Purchase Order and the Notice Inviting Tender (NIT) issued by NTPC Limited.The project is scheduled for a specific execution timeline, running from May 21, 2026...

KEC International Limited Approves Amendments to Insider Trading Code KEC International Limited has announced that its Board of Directors approved an amendment to its Insider Trading Code. The revised policy, titled the Code of Fair Disclosure, Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons and Immediate Relatives of Designated Persons, and Legitimate purpose Policy, governs the company's internal procedures.This amendment updates the company's policy framework related to the trading activities of designated persons and their immediate relatives. The updated Insider Trading Code is now in effect, modifying the existing protocols for fair disclosure and internal compliance...

Viyash Scientific Limited Reports Demise of Senior Manager Phillip Trott Viyash Scientific Limited, formerly known as Sequent Scientific Limited, confirmed the passing of a key member of its senior management team. The company reported the demise of Mr. Phillip Trott, AVP - Legal and Compliance, which occurred on May 15, 2026.The passing of Mr. Trott marks a significant change within the company's leadership structure. The company provided the details concerning the senior management member's status in a structured format.The following table summarizes the key details regarding the change in the company's senior management.ParticularsDetailsName of IndividualMr. Phillip TrottDesignationAVP - Legal and ComplianceDate of...

KEC International Limited Approves Merger of Subsidiary KEC Spur Infrastructure KEC International Limited announced that its Board of Directors approved a Scheme of Merger by Absorption involving its wholly owned subsidiary, KEC Spur Infrastructure Private Limited. The approval establishes an integrated structure for the group.The merger, which is subject to requisite approvals, aims to strengthen the company's consolidated business framework and create an operationally efficient group structure, leading to significant operational synergies. The integration is expected to enable the combined entity to leverage KEC International Limited's established financial strength, technical expertise, and global execution capabilities, thereby...

HFCL Secures Export Order for Optical Fiber Cables Worth ~$11.07 Million HFCL Limited has secured a significant export order worth approximately USD 11.07 million, equivalent to around INR 106.19 crore. The order is for the supply of Optical Fiber Cables (OFC) and was placed by a renowned international customer.The transaction will be executed through the company's overseas wholly owned subsidiary.The securing of this order was described as reaffirming the trust global customers place in HFCL's manufacturing capabilities, technological excellence, and overall product quality.The details of the secured order are as follows:ParticularDetailAwarding EntityInternational CustomerNature of OrderSupply of Optical Fiber Cables...

Karnika Industries Announces Audited Standalone and Consolidated Financial Results for March 2026 Karnika Industries Limited released its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, on May 16, 2026. The company reports its operations within a single segment: the textile sector, encompassing fabrics, ready-made garments, and accessories.The company noted that the consolidated financial statements include results from its subsidiary, Kidcity Solutions Private Limited. Karnika Industries Limited acquired a 75% equity interest in Kidcity Solutions Private Limited on October 4, 2025. Consequently, Kidcity Solutions Private Limited's revenue and expenses have been included in the...

Gayatri Rubbers And Chemicals Limited Secures Sample Order for EPDM Spacers from Kinet Railway Solutions Gayatri Rubbers and Chemicals Limited (GRCL), a specialist manufacturer of high-performance rubber components, has announced the receipt of a sample Purchase Order from Kinet Railway Solutions. The order involves the supply of EPDM Spacers, which are critical sealing and vibration-dampening components required for the interior assembly of Vande Bharat Sleeper trainsets.This sample order represents GRCL's first commercial engagement with Kinet Railway Solutions and marks a significant step in the company's deepening involvement with India's flagship passenger rail modernization program.The EPDM Spacer supplied by GRCL is a...

Dodla Dairy Limited to Hold 31st AGM, Sets Record Date for Final Dividend Payment Dodla Dairy Limited, a company established since 1989 and known for its milk and milk products, has announced key dates related to its 31st Annual General Meeting (AGM) and the payment of its final dividend for the financial year 2025-26.The company revealed that the 31st Annual General Meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM) on Tuesday, 14 July 2026, at 11:00 a.m. (IST).A crucial date for shareholders is the Record Date for determining entitlement to the final dividend for the financial year ended on 31 March 2026. This record date has been set as Tuesday, 07 July 2026. If the dividend is approved...

KEC International Reports Record Revenues, Order Intake, and Profitability for FY26 KEC International Ltd., a global infrastructure Engineering, Procurement and Construction (EPC) major and an RPG Group Company, announced its financial results for the fourth quarter (Q4 FY26) and the full fiscal year (FY26) ended March 31, 2026. The company reported achieving its highest-ever revenues, order intake, and profitability levels.The company also recommended a Dividend of Rs 5.5/- per equity share, representing 275% of the face value of Rs 2/- each for FY26.Consolidated Financial Performance Highlights For the full fiscal year FY26, KEC recorded consolidated revenues of Rs 23,506 crore, marking an 8% growth compared to Rs 21,847 crore in...

MIRC Electronics Board Approves Raising Funds Through Issue of Convertible Warrants MIRC Electronics Limited announced that its Board of Directors held a meeting on May 16, 2026, and approved several key corporate actions, including a major plan to raise capital through the issuance of fully convertible warrants.During the meeting, the Board considered and approved a proposal to raise funds through the offer and issuance of up to 1,87,49,993 fully convertible warrants. These warrants are fully convertible into, or exchangeable at the option of the proposed allottees, into an equivalent number of fully paid-up Equity Shares of face value of Re. 1/- each.The issue size is set at an aggregate consideration of up to Rs. 65,99,99,753.60...

Western Carriers Reports Audited Results for Q4 and Full Year 2026 Western Carriers (India) Limited, one of India's largest multi-modal, rail-focused, 4PL asset-light logistics companies, has announced its audited financial results for the quarter and financial year ending March 31, 2026.The company's performance reflected a commitment to strengthening its position as a reliable multimodal logistics partner, utilizing integrated capabilities and a strong customer base.Financial Performance Snapshot For the financial year 2026, the company reported consolidated revenue of ₹ 1,829 Cr, along with an EBITDA of ₹ 85 Cr and a Profit After Tax (PAT) of ₹39 Cr.A detailed comparison of the company's financial performance across key metrics...

Esprit Stones Limited Approves FY26 Financial Results, Announces Internal Auditor Appointment Esprit Stones Limited, formerly known as Esprit Stones Private Limited, announced key approvals for its financial results for the year ended March 31, 2026. The company reported the outcomes of its Board of Directors meeting held on May 16, 2026.At the board meeting, the Directors approved the audited standalone and consolidated financial results of the company for the half year and year ended on March 31, 2026.The company also announced the appointment of M/s Pallavi Mehta and Associates, Chartered Accountants, as the Internal Auditor for the Financial Year 2026-27.Financial Performance Overview The company provided detailed financial...

Raymond Realty Incorporates Wholly Owned Subsidiary for New Real Estate Ventures Raymond Realty Limited has announced the incorporation of a new wholly owned subsidiary company named Ten X Realty South Limited (TXRSL). The strategic move, executed to explore and undertake new real estate projects, is specifically aimed at the redevelopment model and mitigating potential project-specific risks.The subsidiary, Ten X Realty South Limited, was incorporated on May 15, 2026. The company is positioned to engage in the real estate business and was established as a strategic initiative by Raymond Realty Limited.According to details provided regarding the new entity, TXRSL has an Authorized Share Capital of Rs. 1,00,000/-, comprising 10,000...

Maharashtra Seamless Limited Incorporates Wholly Owned Subsidiary, MSL Seamless Tubes Limited Maharashtra Seamless Limited (MSL) has incorporated a wholly owned subsidiary, MSL Seamless Tubes Limited. The company confirmed the incorporation of the subsidiary on May 15, 2026.The newly formed entity, MSL Seamless Tubes Limited, is designated as a wholly owned subsidiary of Maharashtra Seamless Limited. The subsidiary is set to operate in the Manufacturing/Services sector and will be engaged in the business of manufacturing all kinds of pipes and generation of electricity.Regarding its incorporation details, the company established MSL Seamless Tubes Limited with a paid-up share capital of Rs. 5,00,000. The authorized capital stands at...

Dharani Sugars Reports Standalone Financial Results for March 2026; Highlights Show Losses and Significant Defaults Dharani Sugars and Chemicals Limited has announced its standalone financial results for the quarter and year ended March 31, 2026. The company also announced key appointments for its audit and advisory services, while the accompanying auditor’s report noted material uncertainties regarding the company’s ability to continue as a going concern.Financial Performance Overview The standalone financial statements provide a snapshot of the company's financial trajectory. Total equity for the period ended March 31, 2026, stood at a negative value of (Rs. 26,283.67) lakhs, compared to (Rs. 16,328.14) lakhs in the previous year...

Aaron Industries Reports Audited Standalone Financial Results for Quarter and Year Ended March 31, 2026 Aaron Industries Limited today announced its audited standalone financial results for the quarter and year ended March 31, 2026. The company provided key financial highlights detailing its performance across the fiscal year 2025-26 compared to the previous year.The financial results, reported in ₹ Crore, show the following key operational metrics:ParticularsQ4FY26Q3FY26Q4FY25QoQ%YoY%FY 2025-26FY 2024-25YoY%Revenue from Operations27.3323.2024.11+17.80%+13.36%92.0077.93+18.05%Total Income27.3923.2424.18+17.86%+13.28%92.2178.15+17.99%EBITDA5.144.885.10+5.33%+0.78%17.8915.03+19.03%EBITDA Margin (%)18.58%20.83%20.88%(225...

Kalana Ispat Limited To Hold 14th Annual General Meeting on June 9, 2026 Kalana Ispat Limited has scheduled its 14th Annual General Meeting (AGM) for Tuesday, June 9, 2026. The meeting is set to take place at 3:00 p.m. (IST) at the Ellisbridge Gymkhana, Law Garden, Netaji Rd, Ellisbridge, Ahmedabad, Gujarat-380006.In preparation for the AGM, the company has announced the closure of its Register of members and Share Transfer books. The record book closure period is set from June 2, 2026, through June 8, 2026, inclusive.The company is facilitating the right of shareholders to vote through a remote e-voting mechanism. The process allows shareholders to exercise their voting rights remotely.The schedule for the AGM and associated...