Markets

LT Foods Approves FY 2025-26 Financial Results, Recommends Dividend, and Names Additional Independent Director LT Foods Limited announced the outcome of its Board of Directors meeting held on May 14, 2026, confirming the approval of its audited financial results for the quarter and financial year ended March 31, 2026. The Board also recommended a final dividend and approved the appointment of a new Additional Independent Director.The Board reviewed and approved the Audited Standalone and Consolidated Financial Results of the Company for the financial year 2025-26. The Statutory Auditors issued an Audit Report on the aforementioned financial results with an unmodified opinion.In a key governance decision, the Board also recommended a...

Grand Foundry Limited Files Request for Re-classification of Promoter Group Members Grand Foundry Limited announced a request for the re-classification of three individuals from the 'Promoter/Promoter Group' category to the 'Public' category. The request details the names and PANs of the individuals involved, following an application submitted on April 23, 2025.The company has detailed the three persons seeking this change in status. The individuals and their corresponding Permanent Account Numbers (PANs) are listed below:Sr. No.Name of Promoter Seeking ReclassificationPAN1Ms. Heena Ashok MehtaAFOPM1842H2Ms. Minal Kiran JanglaAACPJ5635L3Ms. Namita Hiten JanglaAAFPJ0662EThe company noted that the details of the...

Tata Motors Passenger Vehicles Reports Q4 FY26 Results; Profitability Impacted by JLR Headwinds Tata Motors Passenger Vehicles Limited announced its consolidated financial results for the fourth quarter and full year ending March 31, 2026. The results reflect resilient performance in the domestic market, particularly within the Passenger Vehicle (PV) segment, while the Jaguar Land Rover (JLR) business grappled with multiple global headwinds.The Board of Directors also recommended a final dividend of ₹ 3.00 per Equity Share of ₹2 each, subject to shareholder approval. Furthermore, the Board fixed Wednesday, July 8, 2026, as the date for the company's 81st Annual General Meeting (AGM).Consolidated Financial Performance For the quarter...

Shadowfax Crosses ₹100 Cr Annual PAT Milestone; Reports ₹4,202 Cr Revenue for FY26 Bengaluru, May 14, 2026: Shadowfax, the third-party logistics (3PL) company, announced its audited financial results for the quarter and year ended March 31, 2026. The company reported significant milestones, including surpassing the ₹100 crore Profit After Tax (PAT) mark for the fiscal year, alongside robust revenue growth.For the full fiscal year 2026 (FY26), the company recorded a revenue of ₹4,202 crore, representing a substantial 69% year-over-year (YoY) growth. Total Profit After Tax (PAT) for FY26 reached ₹112 crore, marking a sharp improvement from ₹6 crore in FY25. Adjusted EBITDA for the year stood at ₹159 crore, showing a 227% YoY growth...

SEPC-Furlong JV Secures Rs 521.46 Cr. EPC Sub-contract for UP Road Upgrade SEPC Limited's unincorporated joint operation, SEPC-Furlong JV, has finalized a significant engineering, procurement, and construction (EPC) sub-contract. The contract was awarded by M/s. Shalimar Corp Limited (SCL).The project involves the widening and upgradation of the Shahjahanpur -Bisalpur section in Uttar Pradesh to a four-lane configuration.SEPC-Furlong JV has received a Letter of Award (LOA) for this massive infrastructure undertaking. The total consideration for the project is structured on a lump-sum turnkey basis.The financial details of the contract are as follows:DetailValueProject ScopeWidening / Upgradation to four lane configuration...

Capri Global Capital Crosses 1,000 Gold Loan Branches, Strengthening Nationwide Credit Access Capri Global Capital Ltd., a prominent non-banking financial company (NBFC), has announced a major milestone in its Gold Loan business, confirming that its branch network has expanded to exceed 1,000 locations across India. This expansion reinforces the company’s ability to provide accessible and timely credit solutions in both urban, semi-urban, and rural markets.With its operations now spread across 16 states and union territories, the company is enhancing last-mile credit access. This extensive footprint enables customers to secure quick, secure, and transparent gold-backed financing closer to their homes, thereby strengthening Capri...

Jtekt India Announces FY 2026 Results, Recommends Dividend, and Details Key Leadership Appointments Jtekt India Limited announced its audited financial results for the quarter and financial year ending March 31, 2026. During the Board Meeting held on May 14, 2026, the company also recommended a final dividend and announced the re-appointment and re-designation of key senior management personnel.The board approved the audited financial results for the quarter and financial year ending March 31, 2026, alongside the audit reports confirming the unmodified opinion on the results.Financial Performance for FY 2026 The financial performance figures for the year ended March 31, 2026, reflect a Total Comprehensive Income of 2,050,085 per...

Dwarikesh Sugar Industries Approves Financials, Recommends Dividend, and Appoints Auditors Dwarikesh Sugar Industries Limited announced key corporate decisions following the Board of Directors meeting held via video conferencing (VC) on May 14, 2026. The Board approved the audited standalone financial results for the quarter and year ended March 31, 2026, and recommended a dividend for the fiscal year 2025-26.The Board meeting led to the adoption of the Audited Financial Results (Standalone) for the quarter and year ended March 31, 2026. The figures were presented alongside the Auditor's Report issued by M/s Mittal Gupta & Co., Chartered Accountants, confirming an Unmodified Opinion.Dividend Recommendation and AGM Details During the...

Kridhan Infra Limited Allots 1.2 Crore Shares Through Preferential Issue Kridhan Infra Limited announced the allotment of 1,20,00,000 fully paid-up equity shares through a preferential issue, following the exercise of rights attached to warrants. The transaction, detailed in the disclosure released on May 14, 2026, confirmed the successful allotment process after the company received the balance 75% of the issue price from the warrant holders.The equity shares were allotted at a price of ₹4.05 per share, which includes a premium of ₹2.05 per share. Upon conversion of the warrants, the transaction aggregates to ₹4,86,00,000/-.The preferential issue involved three investors: Shri Bajrang Commodity LLP, Mr. Sanjay Kumar Agrawal, and...

Natco Pharma Receives Demand Notice from NPPA Regarding Overcharging for Two Drugs Natco Pharma Limited has received a Demand Notice from the National Pharmaceutical Pricing Authority (NPPA) concerning alleged overcharging for two of its drugs. The notice, received on May 12, 2026, mandates the deposit of a specific amount covering overcharge, penalties, and interest.The demand notice was issued under paragraph 15 of the Drugs Price Control Order, 2013 (DPCO). The authority alleges overcharging for two drugs during the period spanning April 2023 to November 2023.According to the details provided, the NPPA has directed the company to deposit a total of ₹ 4,92,25,923/-.The key details of the notice are summarized below...

Patel Engineering Limited Board Approves Sale of Entire Stake in ACP Tollways Pvt Ltd Patel Engineering Limited announced that its Board of Directors approved the proposal for the sale of its entire stake in ACP Tollways Pvt Ltd, an associate company. The resolution regarding this disposal was passed on May 14, 2025.The transaction involves the sale of 84,95,040 equity shares of face value Rs. 100. The sale remains subject to the receipt of necessary approvals from the lenders of the associate company. The company indicated that further details regarding the transaction will be disclosed upon the completion of the requisite approval process.The proposed sale is expected to be completed before the end of March 31, 2027. The agreed...

Beta Drugs Reports Audited Financial Results for FY26, Targets 80% Own Branded Product Contribution by 2030 Beta Drugs Limited today announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported consolidated total revenues of Rs 396.0 crores for the fiscal year, marking a 7.4% increase from the Rs 368.8 crores recorded in the previous fiscal year.The consolidated EBITDA stood at Rs 86.9 crores, reflecting an improvement in margins to 22.6% in FY26 compared to 21.1% in FY25.Key Financial Performance Metrics (FY26 vs FY25) The following table summarizes the key financial highlights for the year ended March 31, 2026, compared to the previous fiscal year...

Tata Motors Passenger Vehicles Approves Reappointment of Mr Al-Noor Ramji as Non-Executive Independent Director Tata Motors Passenger Vehicles Limited, formerly Tata Motors Limited, has approved the re-appointment of Mr Al-Noor Ramji as a Non-Executive Independent Director. The Board of Directors made the decision based on the recommendation of the Nomination and Remuneration Committee during a meeting held on May 14, 2026.The re-appointment grants Mr. Ramji a second consecutive term, spanning from May 1, 2027, up to May 18, 2029, both days inclusive. The appointment is conditional upon receiving approval from the shareholders through a Special Resolution at the forthcoming Annual General Meeting.The board also confirmed that Mr...

Emami Paper Mills Issues Notice Regarding Transfer of Unclaimed Dividends to IEPF Emami Paper Mills Limited has notified shareholders regarding the process for unclaimed dividends and corresponding equity shares, which are subject to transfer to the Investor Education and Protection Fund (IEPF) Authority if remaining unclaimed for seven consecutive years.The company has informed concerned shareholders about the provisions stating that any dividend(s) which remain unpaid for seven consecutive years from the date of transfer to the respective Unpaid Dividend Account shall be transferred by the Company to the IEPF. Similarly, all shares for which dividend(s) remained unclaimed or unpaid for seven consecutive years or more will also be...

Vraj Iron and Steel Limited Appoints Cost and Internal Auditors for FY 2026-27 Vraj Iron and Steel Limited, formerly known as VRAJ IRON AND STEEL pVT. LTD. & PHIL ISPAT PRIVATE LIMITED, announced that its Board of Directors conducted a meeting on May 14, 2026. During this session, the Board considered and approved key appointments for the financial year 2026-27.The meeting resulted in the appointment of two firms to undertake crucial auditing roles for the company.The Board approved the appointment of M/s. Sanat Joshi & Associates as the Cost Auditors for the financial year 2026-27. Additionally, IWs. Amit Kumar Agrawal & Co. was appointed as the Internal Auditors for the same financial year.Appointment Details The company...

NHPC Limited Announces Change in Government Nominee Director on Board NHPC Limited has announced a change concerning its Government Nominee Director. The company stated that Shri Mohammad Afzal (DIN:09762315), formerly Joint Secretary (Hydro) at the Ministry of Power (MoP) and serving as a Government Nominee Director on the Board, is no longer associated with the MoP.The cessation of his association with the Ministry of Power means that Shri Mohammad Afzal (DIN:09762315) ceases to be the Government Nominee Director on the Board of NHPC Limited.NHPC Limited confirmed that the company is awaiting formal communication from the Ministry of Power regarding the appointment of a new Government Nominee Director. The company stated that a...

Cybertech Systems and Software Announces Plan to Buyback Equity Shares Cybertech Systems And Software Limited announced the approval of a buyback of its equity shares, detailing the parameters for the scheme, which will be executed through a tender offer route utilizing the mechanism for acquisition of shares through stock exchanges.The company's Board of Directors approved the buyback up to 8,50,000 fully paid up Equity Shares. Each share has a face value of ₹ 10/- (Rupees Ten only), and the shares will be acquired at a price of Rs. 170/- (Rupees One Hundred Seventy Only) per Equity Share. The total aggregate amount planned for the buyback is up to ₹ 14,45,00,000/- (Rupees Fourteen Crores Forty Five Lakh only).The buyback is set to...

Matrimony.com Reports 19% Year-on-Year PAT Growth for Q4 FY26 Chennai, May 14, 2026: Matrimony.com Limited, the leading online matrimony company, announced its audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, following approval by its board of directors.During the announcement, Murugavel Janakiraman, Chairman and Managing Director, highlighted the strong operational performance, noting a double-digit billing growth of 10.5% year-on-year in the matchmaking business. He added that the company recorded a double-digit Profit After Tax (PAT) growth of 18.9% year-on-year in Q4 FY26, expressing confidence that growth momentum is expected to accelerate in the next financial year. The...

Mold-Tek Technologies Reports Strong Q4 Performance; Consolidated Revenue Hits ₹ 5,548.75 Lakhs Mold-Tek Technologies Limited, a provider of engineering services specializing in Civil and Mechanical domains, announced its financial results for the quarter and year ended March 31, 2026. The company's performance highlights reflect strong year-on-year growth, driven by improved execution across U.S. projects and increased operational efficiencies.The results for the quarter ended March 31, 2026, were reported at a Board Meeting held on May 14, 2026.Financial Performance Highlights (Q4 FY 25-26) The company showcased significant improvements in key metrics during Q4 FY 25-26.Consolidated Performance:MetricQ4 FY 25-26Q4 FY...

Dwarikesh Sugar Industries Announces Record Date and Dates for 32nd Annual General Meeting Dwarikesh Sugar Industries Limited has announced critical dates for its 32nd Annual General Meeting (AGM) and the determination of dividend eligibility.The company specified that the Record Date for the AGM and dividend payout has been fixed as Thursday, July 30, 2026. This date will determine which shareholders are eligible to attend the meeting and receive the dividend.The corporation also provided the following key timelines related to the corporate event:EventDateAnnual General Meeting DateThursday, August 6, 2026Book Closure PeriodFriday, July 31, 2026 to Thursday, August 6, 2026 (both days inclusive)Record DateThursday, July...