Markets

Chalet Hotels Announces Financial Results for FY2026, Approves ₹10,000 Million Fund Raising, and Subsidiary Dilution Chalet Hotels Limited announced the outcomes of its Board Meeting held on May 14, 2026, confirming the audited Statement of Financial Results for the quarter and year ended March 31, 2026. The Board also recommended enabling approvals for raising funds and executing a partial stake dilution in its subsidiary.Key Strategic Decisions and Approvals At the Board Meeting, the company approved the audited financial results for the quarter and the year ended March 31, 2026.Additionally, the Board recommended two key transactions: 1. Fund Raising: Seeking enabling shareholder approval for raising funds through the issue of...

Allcargo Logistics Announces FY2026 Financial Results and Board Approvals Allcargo Logistics Limited announced key outcomes from its Board of Directors meeting held on May 14, 2026. During the meeting, the board considered and approved the audited financial results, statements of assets and liabilities, and the auditor's report for the Standalone and Consolidated books for the quarter and financial year ended March 31, 2026. The company also approved the convening of the 33rd Annual General Meeting (AGM) for September 16, 2026, and the continuation of directorship for Mr. Dinesh Kumar Lal.Financial Performance Summary The financial data, including statements of assets and liabilities and cash flow statements, reflects the company's...

Spunweb Nonwoven Limited Set to Exhibit at INDEX 2026 in Geneva Spunweb Nonwoven Limited has announced its participation in the upcoming industry event, INDEX 2026. The company will showcase its operations and developments at the international exhibition held in Geneva, Switzerland.The company representatives are set to attend the exhibition organized by INDEX. The event is scheduled to take place from May 19, 2026, to May 22, 2026.The logistical details of the company's involvement are as follows:DetailDescriptionEvent NameINDEX 2026OrganizerINDEXDurationMay 19, 2026, to May 22, 2026LocationPalexpo, Geneva, SwitzerlandModeIn-PersonDuring the event, Spunweb Nonwoven Limited may utilize a presentation or video...

Sai Life Sciences Releases FY26 Financial Results, Reporting Rs. 3,489.10 Million Profit and Rs. 36,261.40 Million Assets Sai Life Sciences Limited today released its financial results for the year ended March 31, 2026, along with unaudited results for the quarter ended March 31, 2026. The company reported significant annual figures across both standalone and consolidated statements.The Board of Directors noted the audited financial results for the standalone and consolidated entities, alongside the corresponding results for the quarter ended March 31, 2026. The statutory auditors, M/s. Deloitte Haskins & Sells LLP, issued an unmodified opinion on the Annual Audited Standalone and Consolidated Financial Results for the fiscal year...

Fujiyama Power Systems Approves Major Solar Expansion and Updates on Bawal Fire Incident Fujiyama Power Systems Limited announced key decisions regarding its solar manufacturing future, confirming the establishment of a 1.2 GW 'TOPCON' solar cell facility and detailing the commissioning of its 2 GW solar panel line at Ratlam, Madhya Pradesh. The company also provided an operational update following the recent fire incident at its Bawal facility in Haryana.The Board of Directors met on May 14, 2026, and reviewed, among other approvals, the audited financial results for the quarter and financial year ended March 31, 2026.Expansion and Manufacturing Milestones The company's integrated solar manufacturing expansion continues to...

Urban Company Receives Collector's Order Regarding Stamp Duty Liability on Share Issuance Urban Company Limited, formerly UrbanClap Technologies India Limited and UrbanClap Technologies India Private Limited, has received an order from the Collector of Stamp, Government of NCT of Delhi, concerning stamp duty applicable to the issuance of shares in dematerialized form.The order, dated May 14, 2026, determines the stamp duty liability and associated penalties for the company related to the issuance of certain shares during the year 2025.According to the details provided, the Collector of Stamp issued an order under Sections 33, 38 and 40 of the Indian Stamp Act, 1899. This order mandates a stamp duty liability of Rs. 23,90,741/-...

Galaxy Surfactants Reports FY26 Financial Results Amid Global Supply Chain Challenges Galaxy Surfactants Limited, a key player in performance surfactants and specialty care products, today announced its financial results for the quarter and the full fiscal year (FY26) ended March 31, 2026. The company, which manufactures over 215 product grades used in the Home and Personal Care industry, shared its consolidated performance figures with investors.According to the reported financials, Galaxy Surfactants achieved a Total Revenue of ₹ 5,270.4 crore for FY26. The consolidated EBITDA for the year stood at ₹ 497.4 crore, while the Profit After Tax (PAT) was ₹ 267.4 crore.Performance Analysis The company provided detailed metrics across...

Endurance Technologies Records FY26 Results; Reports Growth Across Indian and European Operations Endurance Technologies Limited announced the audited financial results for the quarter and financial year ended March 31, 2026. The company's Board of Directors approved the financial highlights, showing growth in both standalone and consolidated figures.Consolidated Financial Performance The consolidated financial highlights reveal significant year-over-year growth across key metrics.ParticularsQ4 FY 25-26Q4 FY 24-25% ChangeConsolidated Total Income Incl Other Income4,1162,99837.3%EBITDA59845730.8%EBITDA %14.5%15.2%PBT (before exceptional items)37130222.7%Exceptional Items (12)PBT (after exceptional...

Ethos Limited Opens Exclusive Brand Boutique at Bengaluru's Phoenix Mall of Asia Ethos Limited announced the inauguration of a new Exclusive Brand Boutique located at Phoenix Mall of Asia in Bengaluru. The expansion marks a significant milestone for the company, aiming to strengthen its luxury brand portfolio and consolidate its presence in one of India's most prominent luxury retail markets.The launch underscores Ethos Limited's commitment to making the world's most exclusive brands accessible to discerning customers across India, aligning with the company's strategic vision of delivering unparalleled luxury experiences.With the opening of the new boutique in Bengaluru, Ethos Limited now boasts 99 boutiques across India, expanding...

Great Eastern Shipping Delivers Medium Range Tanker 'Jag Pankhi' The Great Eastern Shipping Company Limited (GE Shipping) delivered its 2003 built Medium Range Tanker 'Jag Pankhi' to the buyers on May 14, 2026. The vessel had been contracted for sale in the first quarter of the fiscal year 2027 (Q1 FY27).Following the delivery, the company’s current owned fleet stands at 39 vessels. This fleet consists of 24 Tankers and 15 Dry Bulk Carriers, aggregating a total deadweight tonnage of 3.19 million dwt.The current tanker fleet is detailed as follows:Crude Tankers: 5 Product Tankers: 15 LPG Carriers: 4The dry bulk carrier component includes:Capesize: 2 Kamsarmax: 10 Ultramax: 1 Supramax: 2Looking ahead, the company has also...

Crown Lifters Reports Strong Performance for Q4 and Full Year FY25-26 Crown Lifters Limited has provided an update on its financial performance for the fourth quarter and the full fiscal year 2025-26. The company stated that despite facing multiple operational, economic, and geopolitical challenges during FY 2025-26, it achieved a new milestone in both topline and bottomline performance.In a statement from its Chairman and Managing Director, Karim Jaria, the company highlighted the resilience of its business model, disciplined capital deployment, and continued growth momentum. The strong fourth-quarter performance was supported by improved equipment utilization, steady project execution, and progressive fleet expansion.Operational...

Vedant Fashions Limited Reschedules Analyst Meeting to May 15, 2026 Vedant Fashions Limited has announced a revision to the schedule of its upcoming Analyst/Investor Meeting. The meeting, which was originally planned for May 14, 2026, has been rescheduled to Friday, May 15, 2026.The revised engagement will maintain a virtual mode of interaction, with the format structured as one-to-one meetings.The company confirmed the following changes in the meeting schedule:Earlier DateRevised DateMode of InteractionType of InteractionMay 14, 2026 (Thursday)May 15, 2026 (Friday)VirtualOne-to-oneVedant Fashions Limited stated that the discussions held during the meeting will be based solely on information already available in the...

United Spirits Limited Reports Compliance Status for Year Ended March 31, 2026 United Spirits Limited released its Annual Secretarial Compliance Report, detailing the company's adherence to various corporate governance standards for the financial year ended March 31, 2026. The report, examined by practicing Company Secretaries Makarand M. Joshi & Co., confirms the status of compliance across multiple regulatory areas.The examination covered documents and records made available by United Spirits Limited, filings made by the listed entity to the Stock Exchanges, the company's website, and other relevant documents.According to the report, United Spirits Limited has maintained a consistent record of compliance across key governance...

Sunrest Lifescience Limited Reconstitutes Audit and Stakeholders Relationship Committees Sunrest Lifescience Limited announced that its Board of Directors held a meeting on May 14, 2026. During the meeting, the Board approved the reconstitution of both the Audit Committee and the Stakeholders Relationship Committee, effective from May 14, 2026.The reconstituted Audit Committee features a mix of independent and executive directors. The committee members and their roles are detailed below:SR NO.NAMEDINPOSITION IN COMMITTEENATURE OF DIRECTORSHIP1Juhi Sawajani09811893ChairmanNon-Executive and Independent Director2Nikhilkumar Yashvntlal Thakkar07962800MemberManaging Director3Avani Ashwinkumar Shah09608898MemberNon-Executive...

MPS Limited Subsidiary App-eLearn Pty Ltd Completes Voluntary De-Registration MPS Limited has confirmed the voluntary strike off and de-registration of App-eLearn Pty Ltd, a step-down subsidiary incorporated in Australia. The de-registration was completed effective May 13, 2026, in accordance with the provisions of the Corporations Act 2001, Australia, and applicable Australian laws.The company noted that App-eLearn Pty Ltd, which holds ACN: 631 013 897, concluded its status as a step-down subsidiary of MPS Limited with this action.MPS Limited issued a statement confirming that the de-registration of App-eLearn Pty Ltd does not impact the core operations or business activities of the parent company. The firm highlighted that...

Creative Newtech Limited Announces Audited Consolidated Financial Results for Q4 and FY26 Creative Newtech Limited, a specialist in market entry and brand business, has announced its audited consolidated financial results for the fourth quarter and the full year ended March 31, 2026. The company has emphasized its focus on "Make in India"-led growth across its distribution and brand businesses.Consolidated Financial Performance The consolidated financial statements reveal substantial year-over-year growth across key metrics for both the quarter and the fiscal year.Particulars (Rs. Cr.)Q4 FY26Q4 FY25YoY%FY26FY25YoY%Total Income740.44408.7281.16%2,717.511,801.4750.85%EBIDTA (Incl. Other Income)29.3919.3152.15%104.0073.3841.73%...

Rain Industries Details Q1 2026 Commentary on Demand Outlook, Segment Synergies, and Financial Strategy Rain Industries Limited provided an overview of its business trajectory and financial position during the first quarter of 2026, covering its Standalone, Consolidated, and Segment results. The management team, including Managing Director Jagan Reddy Nellore, Vice Chairman of RAIN Carbon Inc. Gerard Sweeney, and CFO T. Srinivasa Rao, addressed key market dynamics, operational strengths, and strategies for future growth across its core business segments.Market Dynamics and Carbon Demand Outlook Discussing the future demand for calcined petroleum coke (CPC) and coal tar pitch (CTP), Gerard Sweeney stated that demand is expected to...

Chalet Hotels Reports FY26 Results: Consolidated Revenue Exceeds INR 25 Billion, EBITDA Over INR 10 Billion Chalet Hotels Limited announced its audited standalone and consolidated financial results for the fourth quarter and the full year ending March 31, 2026. The company reported robust financial performance for FY26, noting that consolidated revenue crossed INR 25 Billion and consolidated EBITDA surpassed INR 10 Billion.Financial Highlights and Overall Performance For the full fiscal year 2026, Chalet Hotels reported several key operational achievements. Consolidated Revenue (excluding residential) reached INR 20.7 Billion, representing an 18% increase year over year. The Average Room Rate (ARR) was INR 13,727, marking a 13% year...

Rashi Peripherals Recommends Final Dividend and Releases FY26 Financial Results Rashi Peripherals Limited announced the outcomes of its Board Meeting held on May 14, 2026. During the meeting, the Board approved the recommendation of a final dividend for the financial year ended March 31, 2026, along with the audited and consolidated financial results for the quarter and year ended the same date.The Board recommended a final dividend of Rs. 2.00 per Equity Share, which represents 40% of the face value of Rs. 5/- per share. The payout remains subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).Financial Highlights for FY2026 The company presented its Standalone and Consolidated Financial Results for...

Great Eastern Shipping Company Declares 4th Interim Dividend of Rs. 11.70 Per Share The Board of Directors of The Great Eastern Shipping Company Limited has announced a 4th interim dividend of Rs. 11.70 per equity share for the financial year 2025-26. The company provided comprehensive details regarding the payment structure, noting the deduction of Income-tax at source (TDS) under the Income-tax Act, 2025.The company confirmed that the dividend will be paid after deducting withholding tax, with the applicable rate varying based on the shareholder’s residential status and the documentation submitted.TDS Implications for Resident Shareholders For resident individual shareholders, the deduction rules are categorized based on the...