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Ola Electric Mobility Approves Strategic Investments in Two Wholly Owned Subsidiaries
Ola Electric Mobility Approves Strategic Investments in Two Wholly Owned Subsidiaries Ola Electric Mobility Limited announced that its Board of Directors, at a meeting held on May 15, 2026, approved strategic investments in two wholly owned subsidiaries: Ola Electric Technologies Private Limited (OET) and Ola Cell Technologies Private Limited (OCT). The fund infusions are designed to support the ongoing business requirements of both entities.Ola Electric Mobility Limited confirmed that both OCT and OET remain wholly owned subsidiaries of the Company following these investments. The Board approved the transactions, noting that the proposed investments are structured on an arm's length basis, and neither the Promoter nor the Promoter...
Sadhav Shipping Limited Announces Audited Financial Results for Fiscal Year 2026
Sadhav Shipping Limited Announces Audited Financial Results for Fiscal Year 2026 Sadhav Shipping Limited, an integrated maritime services company, has announced its audited standalone and consolidated financial results for the half year and the full year ended March 31, 2026. The company’s performance reflects operational expansion across key maritime segments.The company provided detailed financial highlights for the period, showcasing growth across its services portfolio and strengthening its operational presence.Financial Highlights: Standalone Performance The financial results are presented in crores.Standalone Financial Highlights (Q4 FY26)Metric ValueRevenue from Operations $34.34EBITDA 27.41EBITDA margin 21.6%...
NAVA Limited Board Approves Re-appointments and Directorship Changes
NAVA Limited Board Approves Re-appointments and Directorship Changes NAVA Limited announced that its Board of Directors, in a meeting held on May 15, 2026, noted and approved several appointments and re-appointments of key personnel, strengthening its board composition.The Board formalized the extension of directorships for three individuals: Mr. Trivikrama Prasad Pinnamaneni, Mr. GRK Prasad, and Mr. Mwelwa Chibesakunda.Key Directorship Appointments The company confirmed the following directorship changes:Mr. Trivikrama Prasad Pinnamaneni was approved for the continuation of his tenure as a Non-Executive Director for a period of five years, effective May 15, 2026. Mr. GRK Prasad was re-appointed as a Whole-time director and...
Solara Active Pharma Sciences Reports Strong Q4'26 Results, Driven by Base Business Momentum
Solara Active Pharma Sciences Reports Strong Q4'26 Results, Driven by Base Business Momentum Solara Active Pharma Sciences Limited has reported its financial results for the quarter and year ended March 31, 2026. The company highlighted that its overall performance for Q4'26 reflected a sequential growth of 12% and a year-over-year (YoY) growth of 40%. Management noted that the company recorded its highest Revenue, Gross margin, and EBITDA in the last eight quarters.The company attributes its positive momentum to its core Base business, which continues to demonstrate strong growth despite persistent headwinds in the commodity Ibuprofen segment.Base Business Performance Drives Growth The Base business recorded a revenue growth of 24%...
Mangal Electrical Industries Board Approves FY26 Results, ESOP Plan, and Director Reappointments
Mangal Electrical Industries Board Approves FY26 Results, ESOP Plan, and Director Reappointments Mangal Electrical Industries Limited announced that its Board of Directors, in a meeting held on May 13, 2026, approved the audited financial results for the quarter and full financial year ended March 31, 2026. The board also sanctioned the Employee Stock Options Plan (ESOP) and approved the re-appointment of key directors and auditors.The Board approved the audited financial results for the quarter and the financial year ended March 31, 2026, alongside the Statement of Assets and Liabilities as of that date and the Cash Flow Statement for the same period.Governance and Compensation Updates In line with recommendations from the...
BEML Limited Appoints Smt. Shobha Sivasankaran as Chief General Manager - Finance
BEML Limited Appoints Smt. Shobha Sivasankaran as Chief General Manager - Finance BEML Limited has announced the appointment of Smt. Shobha Sivasankaran to the role of Chief General Manager - Finance. She assumed her new responsibilities effective May 14, 2026.Smt. Shobha Sivasankaran brings extensive experience to BEML Limited. She is a qualified Cost & Management Accountant (CMA) and has amassed over 29 years of rich and diversified experience, particularly during her tenure at Steel Authority of India Limited (SAIL) prior to joining BEML.Throughout her professional career, Smt. Shobha Sivasankaran has cultivated deep expertise across crucial finance and commercial management domains. These areas of experience include Costing...
NAVA Limited Reports Q4 FY26 and FY26 Results; Standalone Income Reaches Highest Levels
NAVA Limited Reports Q4 FY26 and FY26 Results; Standalone Income Reaches Highest Levels NAVA Limited released its financial results for the fourth quarter and the financial year ended March 31, 2026, revealing strong standalone performance across its core business segments.The company reported consolidated revenue totaling ₹ 4,478.7 Cr, marking an 8.3% Year-over-Year (YoY) increase. Meanwhile, standalone total income climbed to ₹ 2,241.7 Cr, reflecting a 24.5% YoY growth.Financial Highlights for Q4 & FY26 The overall financial picture highlighted significant growth in certain areas, though the consolidated Profit After Tax (PAT) declined by 27.6% YoY to ₹ 1,038.6 Cr, primarily due to tax applicability under Maamba Energy Ltd (MEL)...
The Great Eastern Shipping Company Announces Resignation of Head of Internal Audit
The Great Eastern Shipping Company Announces Resignation of Head of Internal Audit The Great Eastern Shipping Company Limited has confirmed the resignation of Mr. Ankit Dahanukar, who held the position of Head of Internal Audit. The senior official will be relieved from the company’s services from the close of business hours on May 15, 2026.The company stated that this information is further to a previous letter detailing the departure. The transition of Mr. Dahanukar from his role as Head of Internal Audit marks a change in the company's internal leadership structure.GESHIP Stock Price Movement Shares of The Great Eastern Shipping Company Limited are edging higher to ₹1518.1 as of 3:27 PM, gaining 2.24% in live trading. The equity...
Rane Holdings Limited Board Recommends Final Dividend; Payment Scheduled for August 24, 2026
Rane Holdings Limited Board Recommends Final Dividend; Payment Scheduled for August 24, 2026 Rane Holdings Limited announced that its Board of Directors recommended a final dividend following a meeting held on May 15, 2026.The Board’s recommendation relates to the final dividend for eligible shareholders. The company stated that if the dividend is ultimately declared by the shareholders, the payment is expected to be dispatched on August 24, 2026, a Monday.This announcement provides shareholders with key details regarding the upcoming dividend payment date, scheduled for August 24, 2026.RANEHOLDIN Stock Price Movement Shares of Rane Holdings Limited are rallying in live trading, gaining 12.71% as of 3:26 PM today, currently...
Dynamic Cables Reports Strong FY26 Results, Targets Growth Through Greenfield Expansion and Specialty Products
Dynamic Cables Reports Strong FY26 Results, Targets Growth Through Greenfield Expansion and Specialty Products Dynamic Cables Limited, a leading manufacturer and supplier of power cables in India, has reported significant operational and financial achievements, anchoring its future growth on capacity expansion, technological upgrades, and expansion into specialized and renewable energy segments.The company leverages its presence across four manufacturing facilities situated in Jaipur and Reengus, supporting major utilities and end-users across India. Furthermore, the company is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), maintaining a robust global footprint in over 45 countries.Financial...
Wheels India Limited Announces Financial Results for FY 2025-2026 and Recommends Final Dividend
Wheels India Limited Announces Financial Results for FY 2025-2026 and Recommends Final Dividend Wheels India Limited today released its audited Standalone and Consolidated Annual Financial Results for the fiscal year ended March 31, 2026. The company also announced its recommendation for a final dividend and outlined key details regarding its upcoming Annual General Meeting.The Board of Directors approved the audited results and recommended a final dividend of Rs. 9.14 (91.4%) per equity share of Rs. 10/- each for the year ended March 31, 2026. This dividend, subject to approval by the members at the ensuing AGM, is scheduled for payment on or before June 30, 2026. The record date for the payment of this final dividend is set for June...
Hon'ble Raksha Mantri Lays Foundation Stone for BDL's New Naval Systems Facility in Andhra Pradesh
Hon'ble Raksha Mantri Lays Foundation Stone for BDL's New Naval Systems Facility in Andhra Pradesh Shri Rajnath Singh, the Hon'ble Raksha Mantri, recently laid the foundation stone for Bharat Dynamics Limited's (BDL) new state-of-the-art Naval Systems Manufacturing Facility. The facility is located in T. Sirasapalli village in the Anakapalli district of Andhra Pradesh.This new complex marks a significant step in strengthening India's indigenous defense manufacturing capabilities and advancing the vision of Aatmanirbhar Bharat within the strategic defense sector.BDL's Role in Defense Manufacturing Established in 1970 under the Ministry of Defence, Bharat Dynamics Limited has grown into one of India's premier defense manufacturing...
Pidilite Reports Strong Q4 FY26 Results; Targets Sustained Double-Digit Growth Despite Inflationary Headwinds
Pidilite Reports Strong Q4 FY26 Results; Targets Sustained Double-Digit Growth Despite Inflationary Headwinds Pidilite Industries Limited reported robust financial results for the fourth quarter and fiscal year 2026. The company showcased strong underlying volume growth, leading to substantial margin expansion and solid performance across its Consumer and B2B segments, despite disruptions in export revenues caused by the conflict in West Asia.During the earnings call held on May 8, 2026, management detailed the quarterly performance, noting that the standalone revenue for the current quarter reached INR 3,272 crores, marking a 15.3% increase in value terms. This growth was underpinned by an underlying volume growth (UVG) of 15.3%...
Solara Active Pharma Sciences Board Adopts Updated Board Evaluation and Whistle Blower Policies
Solara Active Pharma Sciences Board Adopts Updated Board Evaluation and Whistle Blower Policies Solara Active Pharma Sciences Limited announced that its Board of Directors, during a meeting held on May 15, 2026, approved and adopted key revisions concerning corporate governance policies.The company’s board officially adopted the 'Board Evaluation Policy.' This policy was implemented to align with applicable regulations.Additionally, the existing 'Whistle Blower Policy' underwent amendments, incorporating necessary revisions and modifications to align with current requirements.The updated Board Evaluation Policy and the revised Whistle Blower Policy are available for review on the Company's official website.SOLARA Stock Price...
Aro Granite Industries Reports Financial Results for the Quarter and Year Ended March 31, 2026
Aro Granite Industries Reports Financial Results for the Quarter and Year Ended March 31, 2026 Aro Granite Industries Limited announced the outcomes of its Board of Directors meeting held on May 15, 2026. The Board approved the audited financial results for the quarter and year ended March 31, 2026, and also approved the re-appointment of its internal auditors.The company issued an audit report stating that the Statutory Auditors provided an unmodified opinion on the Audited Financial Results for the quarter and year ended March 31, 2026.Financial Results Overview The standalone audited financial results for the quarter and year ended March 31, 2026, showed key figures across various financial metrics.According to the statement...
Accretion Pharmaceuticals Reports Robust Performance for FY26, Driven by Volume Expansion
Accretion Pharmaceuticals Reports Robust Performance for FY26, Driven by Volume Expansion Accretion Pharmaceuticals Limited, a key manufacturer of high-quality pharmaceutical formulations and contract development and manufacturing organization (CDMO) services, announced its audited financial results for the year ended March 31, 2026. The company reported robust growth, driven by volume expansion, an improved product mix, and an expanding global customer base.The financial highlights confirm strong year-over-year growth across key metrics. For the fiscal year 2026 (FY26), the company reported a Net Revenue of Rs. 89.63 crore, marking a significant increase compared to the Rs. 57.38 crore recorded in FY25. Profit After Tax (PAT) also...
Wheels India Records FY26 Revenue of Rs 5,124 Cr, Recommends Rs 9.14 Per Share Final Dividend
Wheels India Records FY26 Revenue of Rs 5,124 Cr, Recommends Rs 9.14 Per Share Final Dividend Wheels India Limited announced strong financial results for the fiscal year 2026, reporting revenues of Rs 5,124 Cr, thereby crossing the Rs 5,000 Cr milestone. The company also recommended a final dividend of Rs 9.14 per share, bringing the total dividend payout for the year to Rs 14.44 per share.The robust performance for the year was attributed to an improvement in domestic demand and exports.Financial Highlights for FY26 and Q4 The company posted significant growth in both net profit and consolidated profit for the year ended March 31, 2026.For the full fiscal year, Wheels India's net profit stood at Rs 138.56 Cr, showing an increase...
Nava Limited Reports Standalone Profit Surge of 116%, Reaching ₹910.9 Crore for FY26
Nava Limited Reports Standalone Profit Surge of 116%, Reaching ₹910.9 Crore for FY26 Hyderabad, May 15, 2026 – Nava Limited announced its audited financial results for the year ended March 31, 2026, reporting significant operational growth and a sharp increase in standalone profitability.The company's financial performance highlights robust growth across its core businesses, bolstered by increased dividend income and successful recovery of past dues.Standalone Performance Highlights Record Profitability Nava Limited’s standalone results showed a substantial turnaround in profitability. The Profit After Tax (PAT) for the fiscal year ended March 31, 2026, stood at ₹910.9 crore, representing a 116.0% increase year-over-year. This...
Thangamayil Jewellery Recommends Final Dividend of Rs.18 Per Share Ahead of Annual General Meeting
Thangamayil Jewellery Recommends Final Dividend of Rs.18 Per Share Ahead of Annual General Meeting Thangamayil Jewellery Limited has announced its recommendation for a Final Dividend of Rs.18 per equity share, based on a face value of Rs.10 per share. The board recommends this dividend, subject to the final approval of the shareholders at the ensuing Annual General Meeting (AGM).The company has scheduled the Annual General Meeting for July 29, 2026, to be held in Madurai.For the purpose of conducting the AGM and determining the dividend entitlement, the company has established specific key dates. The book closure period for the Annual General Meeting is scheduled from July 23, 2026, to July 29, 2026, both days inclusive. The...
NAVA Limited Approves FY Results, Recommends 550% Final Dividend
NAVA Limited Approves FY Results, Recommends 550% Final Dividend Nava Limited announced key approvals following its Board meeting on May 15, 2026. The Board approved the audited financial results for the quarter and the financial year ending March 31, 2026, and recommended a final dividend for the year. The company also announced several key appointments, including the re-appointment of its directors and an alteration to its Memorandum of Association (MOA).Financial Highlights and Dividend Recommendation The Board of Directors approved the consolidated and standalone audited financial results for the quarter and the financial year ended March 31, 2026.For the financial year ended March 31, 2026, the Board recommended a final...
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