Markets

SecUR Credentials Reports Un-Audited Financial Results for September 2024 and December 2024 SecUR Credentials Limited announced the approval of its un-audited standalone financial results for two distinct periods: the quarter and half year ended September 30, 2024, and the quarter ended December 31, 2024. These results reflect the company's financial position during the reporting timeframe.The Board of Directors of SecUR Credentials Limited held a meeting on May 04, 2026, where the company considered and approved the financial results for the specified periods.Financial Performance Summary The company released detailed financial statements covering the periods up to September 30, 2024, and December 31, 2024. The financial...

Valiant Organics Board Approves Exploration of Restructuring Options The Board of Directors of Valiant Organics Limited (VOL) has granted in-principle approval to explore potential restructuring options involving the company, its subsidiaries, and associates. This move is aimed at achieving operational, organizational, and strategic synergies across its business units.The Board considered these potential restructuring options, which include amalgamation, merger, demerger, transfer, reorganization, or any other similar arrangement. The arrangements could be implemented through one or more tranches, transactions, or arrangements, intended to achieve various commercial objectives. The company also indicated that the evaluation...

Power Finance Corporation Reserves Merger of REC into PFC at Board Meeting Power Finance Corporation Limited (PFC) announced on May 16, 2026, that its Board of Directors reserved the proposal for the merger of REC Limited into PFC. The decision was reached following a Board meeting held that day.The merger aims to integrate REC into PFC, proceeding under the provisions of the Companies Act, 2013. Following the reservation of this proposal, the Board approved granting authority to the CMD of PFC. This authority allows PFC to apply for and seek approval from the Hon'ble President of India for the proposed merger.The merger is subject to several conditions. Key terms include the final approval of the Board of Directors, the receipt of...

SecUR Credentials Limited Unveils Standalone Financial Results for Quarter Ended June 30, 2024 SecUR Credentials Limited announced that its Board of Directors approved the un-audited standalone financial results for the quarter ended June 30, 2024. The Board meeting, held on April 17, 2026, also saw the company consider and approve the limited review report from its statutory auditors for the corresponding period.The company's financial performance for the quarter was reported alongside comparative data for the previous year and the financial year end.The standalone financial results, presented in Amounts in Lacs, show the following key financial metrics:ParticularsJune 2024 (Unaudited)March 2024 (Audited)June 2023March 2023...

A G Universal Limited Suspends Manufacturing Operations Due to Industrial Gas Supply Disruption A G Universal Limited, formerly known as A G Universal Private Limited, has temporarily suspended operations at its manufacturing unit, effective May 16, 2026. The decision was necessitated by ongoing supply chain challenges related to industrial gas required for production.The company stated that the suspension of manufacturing operations was taken due to continued non-availability and disruption in the supply of industrial gas. These disruptions are attributed to prevailing macro-economic conditions and international trade issues affecting the overall supply chain and procurement ecosystem.Given these circumstances, A G Universal...

Indian Terrain Fashions Limited Reports Significant Q4 FY26 Results, Showcasing Operational Recovery Indian Terrain Fashions Limited, a prominent mid-premium men's casualwear brand, has announced its financial results for the quarter and year ended March 31, 2026. The company stated that the results mark a significant improvement in operating performance and a strong recovery in profitability, driven by disciplined execution, improved channel mix, and sustained operational efficiencies.Financial Performance Highlights The financial data for the fourth quarter of fiscal year 2026 shows substantial year-on-year growth across key metrics. The following table summarizes the performance comparison:Particulars (Rs. Crs)Q4 FY26Q4 FY25YOY...

Dar Credit & Capital Announces FY Results and Recommends 5% Final Dividend Dar Credit & Capital Limited announced that its Board of Directors, in a meeting held on May 15, 2026, approved the Standalone Financial Statements for the half and full financial year ended March 31, 2026. The Board also recommended a Final Dividend of 5% on the face value of ₹10/- each, amounting to ₹0.50 per equity share for the financial year ended March 31, 2026, subject to the approval of shareholders at the ensuing Annual General Meeting.Independent auditors, VMSM & Co., Chartered Accountants, confirmed the financial results, issuing an audit report with an unmodified opinion on the Audited Financial Results for the quarter and year ended March 31, 2026...

Mangalam Cement Approves FY 2026 Results, Recommends Dividend, and Appoints Joint President Mangalam Cement Limited announced significant corporate updates following its Board of Directors meeting held on May 16, 2026. The company approved its audited standalone financial statements and results for the financial year ended March 31, 2026, confirming the audit report carried an unmodified opinion.The Board also recommended a final dividend of Rs. 1.50 per equity share of Rs. 10 each for the financial year ending March 31, 2026, which is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).Key dates set by the Board include fixing the record date as August 14, 2026, for determining shareholder...

Siddhika Coatings Limited Reports No Deviation in Utilization of IPO Funds Siddhika Coatings Limited has reported that there has been no deviation in the utilization of proceeds from its Initial Public Offering (IPO) for both the half year and the full financial year ended March 31, 2026.The company confirmed that the utilization of the IPO proceeds aligns with the objects stated in the Prospectus dated March 18, 2021.The Statement of Deviation or Variation in utilization of funds raised details the following material information regarding the IPO funding:DetailInformationMode of Fund RaisingPublic Issues / Rights Issues / Preferential Issues / QIP / GiftsDate of AllotmentApril 1, 2021Total Amount RaisedRs 4,69,68,000/-...

Sahaj Solar Limited Approves FY 2026 Results and Plans Major UAE Joint Venture Sahaj Solar Limited announced key resolutions from its Board of Directors meeting held on May 16, 2026. The Board approved the audited financial results for the Half Year and Year ended March 31, 2026, and greenlit significant international expansion plans in the United Arab Emirates (UAE), including forming a major joint venture facility.The Company also announced the appointment of a new internal auditor and details regarding its investment in a wholly owned subsidiary in Dubai.Financial Results for 2026 At its meeting on May 16, 2026, the Board of Directors approved and took on record the audited financial results, both standalone and consolidated, for...

Delhivery Reports Annual and Quarterly Financial Results for March 31, 2026 Delhivery Limited has announced its audited and unaudited financial results for the quarter and full year ended March 31, 2026. The company released the results alongside a report from its statutory auditors, Deloitte Haskins & Sells LLP, which confirmed an unmodified opinion on both the standalone and consolidated financial results for the period.The filings detail the company’s financial performance, significant acquisitions, and strategic shifts in its logistics operations.Consolidated Financial Highlights For the year ended March 31, 2026, the Group reported robust income figures.The consolidated financial statements for the year ended March 31, 2026...

Delhivery Reports Strong FY26 Results: Achieves Free Cashflow Positive Status with Rs.10,486 Cr Revenue Delhivery Limited announced its audited standalone and consolidated financial results for the fourth quarter and full fiscal year ended March 31, 2026. The company reported robust performance, achieving free cashflow positivity, significant year-on-year revenue growth, and milestone achievements in logistics volume.The financial results highlight Delhivery's operational scale, which saw the express parcel business deliver 1 billion e-commerce parcels in FY26, marking the cumulative volume delivered over the company’s first 10 years of operations. The Part Truck Load (PTL) business also demonstrated strong growth, recording...

Indian Emulsifiers Approves Rs. 51 Crore Rights Issue and Investment in Chemical Brothers Enterprises Indian Emulsifiers Limited announced significant strategic approvals following its Board meeting on May 16, 2026. The Board approved a fundraising round via a rights issue of equity shares and also approved a substantial investment in Chemical Brothers Enterprises Private Limited.The Board of Directors approved the issuance and allotment of Equity Shares, each having a face value of Rs. 10.00. This fundraising is structured as a rights issue and targets an aggregate amount up to Rs. 51,00,00,000 (Rupees Fifty One Crores Only) to the eligible equity shareholders of the company.To facilitate this capital raise, the Board also...

Ashapura Intimates Fashion Limited Approves FY 2026 Results Amid Liquidation Process and Sale to Grow House Agro Ashapura Intimates Fashion Limited announced on May 16, 2026, that its Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026. The results were taken on record at a Board meeting held at the company's Ahmedabad venue on that date.The company's financial standing and recent transactions indicate that the entity is undergoing a liquidation process. During the financial year 2024-25, Ashapura Intimates Fashion Limited was sold in its entirety to Grow House Agro Limited for a total consideration of ₹21.30 Crores.Transaction Details and Consideration The sale was...

Atul Auto Limited Announces Financial Results for the Year Ended March 31, 2026; Recommends Dividend Atul Auto Limited announced on May 16, 2026, the approval of its standalone and consolidated financial results for the financial year ended March 31, 2026. The company also recommended a final dividend of Rs. 3.00 per equity share of Rs. 5.00 each, pending shareholder approval.The Board of Directors reviewed and approved the financial statements, which include both standalone and consolidated results. The company released comprehensive financial details across its segments, including the Automobiles Business and the Non Banking Financial Business.Financial Performance Summary The financial results presented for the consolidated...

Mangalam Drugs And Organics Limited Defaults on Loan Obligations to Banks Mangalam Drugs And Organics Limited has announced that it has defaulted on its loan obligations with two major banks, Bank of Baroda and Bank of Maharashtra. The company reported that the default period exceeds 30 days.The declaration confirms that the company is in default on its loan accounts with both institutions, citing the required disclosure period of more than 30 days for the non-payment of interest or principal amount.As of May 15, 2026, the overdue amounts and start dates for the default across the two loan accounts are detailed below:Sr.NoName of BankLoan Account Number (Cash Credit A/c. No)Amount Overdue (Rs. In Lacs)Date of Start of Default...

Chembond Chemicals Board Approves Financial Results and Recommends Final Dividend for FY 2025-26 Chembond Chemicals Limited announced that its Board of Directors, in a meeting held on May 16, 2026, approved the audited financial results for the quarter and the financial year ended March 31, 2026.The Board meeting also recommended a final dividend for the financial year 2025-26, subject to approval by the shareholders at the Annual General Meeting (AGM).The recommended final dividend is Rs.1.25/- (25%) per equity share, based on the company’s face value of Rs.5/- each fully paid up.In addition to the financial approvals, the company also set the schedule for its upcoming Annual General Meeting. The AGM is slated to take place on...

Ganesh Infraworld Announces FY26 Financial Results and Recommends Dividend Ganesh Infraworld Limited announced the outcomes of its Board of Directors meeting held on May 16, 2026. The board reviewed and approved the audited financial results for the quarter, half year, and the full year ended March 31, 2026, covering both standalone and consolidated financials.The company also recommended a dividend of Rs. 0.10 per Equity Share of Rs. 5 each (2%) for the financial year ended March 31, 2026. This dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).Operational and Statutory Approvals During the meeting, the Board approved several key operational and statutory items:Auditors...

Tatva Chintan Pharma Chem Announces Annual Financial Results and Recommends 20% Dividend for FY 2025-26 Tatva Chintan Pharma Chem Limited today, May 16, 2026, announced the audited financial results for the quarter and full financial year ended March 31, 2026. The company's Board of Directors approved key operational updates, including the appointment of external auditors for the fiscal year 2026-27 and recommending a final dividend of 20% per equity share.The company also provided comprehensive statements, including consolidated and standalone financial results, assets and liabilities, and cash flows, offering a detailed financial overview for the period.Key Board Approvals and Appointments During the Board meeting held on May 16...

Archean Chemical Industries Recommends Final Dividend of Rs 2.50 Per Share for FY 2025-26 Archean Chemical Industries Limited announced the recommendation of a final dividend for the financial year ending March 31, 2026. The Board of Directors, during its meeting on May 11, 2026, recommended a dividend of Rs 2.50 per equity share of Rs 2 each, representing 125%.The dividend amount was declared out of the company's profits and is subject to the final approval of the members at the ensuing Annual General Meeting (AGM) of the Company.The company provided key timelines for the dividend payment and record process. The Record Date for the Dividend has been set as June 05, 2026.Corporate actions related to the dividend and the 17th...