Markets

Current Infraprojects Secures Contract for Major Electrical Infrastructure Project in Rajasthan Current Infraprojects Limited has secured a work order from Jaipur Vidyut Vitran Nigam Limited (JVVNL) of Rajasthan for a comprehensive electrical infrastructure project. The order, received on May 11, 2026, details the execution of deposit works across various sub-stations and lines under the Baran circle.The contract is valued at 12.16 INR Crores and falls under the Engineering, Procurement, and Construction (EPC) model. The project scope is substantial, covering construction and upgrading work for the region.The key details of the awarded contract are presented below:Sr. NoProject ScopeContract Price (INR in Crores)ModeCompletion...

Matrimony.Com Limited Reports Quarterly Financial Metrics for FY 2026 Matrimony.Com Limited released a detailed fact sheet outlining its key financial and operational metrics for the quarters and year ending March 31, 2026. The data provides insights into the company’s segment performance, revenue streams, and key business volume indicators.The company's financial performance summary, measured in ₹ million (excluding Diluted EPS), highlights performance across several key metrics over the reporting period.ParticularsQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Growth% QoQGrowth% YoYFY 25FY 26Growth% YoYBillings1,1751,1101,0941,1481,2621,1841,1791,2617.0%9.9%4,5274,8868.0%...

Trident Limited Approves Re-appointment of Usha Sangwan as Independent Director Trident Limited announced the approval of the re-appointment of Ms. Usha Sangwan as a Non-Executive Independent Director. The re-appointment is set for a second term of two years, spanning from May 15, 2026, to May 14, 2028, pending the requisite shareholder approval.The Board of Directors of Trident Limited approved the re-appointment of Ms. Usha Sangwan (DIN: 02609263).The key details concerning this re-appointment are as follows:ParticularsDetailDirectorMs. Usha Sangwan (DIN: 02609263)ReasonRe-appointmentRoleNon-Executive Independent DirectorTermSecond term of 2 yearsPeriodMay 15, 2026, to May 14, 2028Approval DateMay 14, 2026...

Rushil Decor Limited Reports Delay in Production Start at Mansa Laminate Sheet Unit Rushil Decor Limited has provided an update regarding the operational status of its RHPL Laminate Sheet Manufacturing Unit, situated in Mansa, Gujarat. The company reports a delay in the commencement of regular commercial activity following a period of technological upgradation.Previously, Rushil Decor Limited had informed stakeholders on April 1, 2026, and again on April 20, 2026, concerning technological upgrades at the laminate sheet manufacturing facility in Mansa, Gujarat.In its latest communication, the company stated that due to technical reasons, the RHPL Laminate Sheet Manufacturing Unit has not yet commenced regular operations. Rushil Decor...

Akshar Spintex Pays Penalties Following Non-Compliance Regarding Board and Compliance Officer Roles Akshar Spintex Limited confirmed the payment of penalties following the rejection of its waiver applications related to past non-compliances. The company paid the applicable penalties advised by the National Stock Exchange of India Limited (NSE) on May 13, 2026.The penalties related to lapses in corporate governance and adherence to compliance officer requirements. The non-compliance issues involved two key areas: the constitution of the Board of Directors and the appointment of a qualified Company Secretary and Compliance Officer.Regarding the Board of Directors, the company initially stated that while necessary steps were taken for...

Patel Engineering Announces Financial Results and Approval for Sale of Stake in ACP Tollways Pvt Ltd Patel Engineering Limited announced the outcome of its Board Meeting held on May 14, 2026. The Board of Directors approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board also approved the proposal to sell the Company's entire stake in ACP Tollways Pvt Ltd, an associate company.Financial Highlights for FY2026 The audited financial results indicate the Company’s overall performance for the year ended March 31, 2026.The following table summarizes the key consolidated financial results:ParticularsYear Ended March 31, 2026 (Rs. Millions)Year Ended March 31...

Regulatory Cleanse: RBI Cancels CoR of 7 NBFCs as Companies Exit Market or Merge The Reserve Bank of India (RBI) has executed a significant regulatory action, cancelling the Certificates of Registration (CoR) for seven Non-Banking Financial Companies (NBFCs). The action is being taken in the exercise of powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934. This move underscores the central bank's ongoing mandate to maintain robust regulatory oversight within the finance sector.RBI Conducts CoR Cancellation in Three Distinct Scenarios The RBI's decision to cancel the CoR has been categorized into three distinct scenarios. The cancellations stem from companies exiting the NBFI business, meeting criteria for...

Prism Johnson Limited Reports Strong FY26 Results, Sees EBITDA Jump to ₹693 Crore Prism Johnson Limited announced its consolidated financial results for the quarter and year ended March 31, 2026, highlighting improvements in operational performance and balance sheet strength across its core businesses: Prism Cement, H & R Johnson, and Prism RMC. The company reported consolidated revenue of ₹7,404 crore, marking an 8.4% year-over-year (YoY) growth, while consolidated EBITDA increased by 52.1% YoY to ₹693 crore.The company emphasized financial discipline and deleveraging throughout the fiscal year, resulting in a reduction of its effective net debt to ₹646 crore at the end of FY26, down significantly from ₹1,138 crore recorded at the...

Prism Johnson Limited Approves Multi-Tranche Fund Raising of Up to ₹1,750 Crores Prism Johnson Limited announced that its Board of Directors, during a meeting held on May 14, 2026, approved significant proposals for raising capital through various public and private market instruments. The company has plans to raise funds across two major tranches: one through equity/debt securities and another through non-convertible debentures.The Board resolution provides the framework for Prism Johnson Limited to raise up to ₹500 Crores by way of a further public issue. This capital raise involves creating, offering, issuing, and allotting various securities, including equity shares, equity linked instruments, convertible preference shares...

Senores Pharmaceuticals Announces Strong Q4 and FY26 Results, Highlights U.S. Expansion and Strategic Acquisitions Ahmedabad, Gujarat, May 14, 2026 — Senores Pharmaceuticals Limited, a global research-driven pharmaceutical company, announced its Audited Financial Results for the fourth quarter (Q4) and the full fiscal year (FY26) ended March 31, 2026. The company confirmed its strong operational and financial growth across key segments, alongside major strategic milestones, including the acquisition of Zoraya Pharmaceuticals and entering the U.S. federal market.The company’s board meeting, held on Thursday, May 14, 2026, approved the audited consolidated and standalone financial results for the quarter and financial year ended March...

Magadh Sugar Announces Financial Results, Recommends Dividend, and Key Appointments Magadh Sugar & Energy Limited announced key outcomes from its Board of Directors meeting held on May 11, 2026. The Board reviewed and approved the company's audited financial results for the quarter and full year ended March 31, 2026.During the meeting, the Board also recommended a final dividend of Rs. 12.50 per equity share (of Rs. 10 each) for the financial year ended March 31, 2026, subject to approval by the shareholders at the ensuing Annual General Meeting.The board also finalized two appointments: 1. Mr. Rajan Arvin Dalal was appointed as an Independent Director for a term of five years, effective May 11, 2026. 2. M/s D Radhakrishnan & Co...

Patel Engineering Limited Posts Robust Financial Results for FY26 Amid Strong Order Book Growth Patel Engineering Limited, a leading infrastructure and construction services company, announced its audited financial results for the quarter and the year ended March 31, 2026. The company reported strong annual performance, driven by sustained order inflows and operational efficiencies.The company's total revenue for the fiscal year 2026 stood at ₹ 5,102.74 Crore, marking a marginal increase from ₹ 5,093.36 Crore recorded in FY25. Net Profit surged to ₹ 294.50 Crore, realizing a 21.60% year-on-year jump. As of March 31, 2026, the company’s order book remained robust at ₹ 15,119 Crore.Quarterly and Annual Performance Snapshot The...

Akums Reports Q4 FY26 and Full Year FY26 Results: Healthy Growth Driven by CDMO Segment New Delhi, May 2026: Akums Drugs and Pharmaceuticals Ltd., India's largest Contract Development and Manufacturing Organisation (CDMO), announced its financial results for the fourth quarter and the full year ended March 31, 2026. The company reported a steady performance, noting healthy revenue growth and improved operating profitability, particularly driven by its core domestic CDMO business.For the fourth quarter of FY26, Akums reported an operating revenue of ₹1,158 crore. This represents a 9.7% year-on-year growth compared to ₹1,056 crore in Q4 FY25. Adjusted EBITDA stood at ₹152 crore, marking a 61.6% year-on-year increase from ₹94 crore in...

RailTel Corporation Secures Contract for AI-based Surveillance System at New Delhi Railway Station Railtel Corporation Of India Limited has secured a major contract from the Ministry of Railways, Govt. of India, for the implementation of an AI-based Surveillance System at New Delhi Railway Station.The work was awarded to RailTel Corporation of India Limited by the Ministry of Railways, Govt. of India, following a letter dated May 13, 2026. The project involves the comprehensive Provision of an AI-based Surveillance System at the major railway hub.Details regarding the awarded contract confirm that the tender is a domestic opportunity.A summary of the key terms and conditions of the contract is provided below:DetailDescription...

Transwarranty Finance Limited Confirms Re-Appointment of Internal Auditors for FY 2026-27 Transwarranty Finance Limited announced the outcome of its Board Meeting, held on Wednesday, May 13, 2026. The company provided an update regarding the appointment of its Internal Auditors for the financial year 2026-27, clarifying a previous mention of the auditor's name.The company noted that the name of the Internal Auditors previously mentioned was inadvertently stated as M/s. Girish Buthra & Co., Chartered Accountants. Transwarranty Finance Limited clarified that the correct firm appointed for the position is M/s. Anil Bhutra & Co., Chartered Accountants.The firm's continued engagement has been confirmed for the financial year 2026-27.A...

Clean Science and Technology Announces FY 2026 Financial Results and Dividend Recommendation Clean Science and Technology Limited announced key outcomes from its Board meeting held on May 14, 2026. The company approved the audited standalone and consolidated financial results for the quarter and the full financial year ended March 31, 2026, alongside recommending a final dividend to its shareholders.Financial Performance ReviewThe company reported the audited standalone and consolidated financial results for the year ended March 31, 2026. The standalone financial results showed a profit before tax of 3,356.11 million and a profit after tax of 2,512.17 million for the year.In terms of consolidated performance, the consolidated...

Texmaco Rail Announces Board Outcomes, Approves Defence Business Entry, and Declares Dividend Recommendation Texmaco Rail & Engineering Limited announced the outcomes of its Board of Directors meeting held on May 12, 2026. The company released the Audited and Consolidated Financial Results for the quarter and year ended March 31, 2026, alongside several key corporate decisions regarding strategic investments, collaborations, and governance.Financial Highlights and Dividend Recommendation The company reported its financial results for the quarter and financial year ended March 31, 2026.The Board recommended a dividend of 75% or Re. 0.75 per fully paid-up Equity Share of Re. 1 each for the financial year 2025-26. This dividend will be...

Akums Drugs Faces Temporary Operational Disruption at Haridwar Manufacturing Sites Akums Drugs and Pharmaceuticals Limited announced that certain manufacturing sites located in Haridwar experienced a temporary disruption in operations on May 14, 2026. The halt in activities was attributed to labor unrest occurring within the SIDCUL industrial area in Haridwar.The unrest on May 14, 2026, resulted in a temporary operational disruption at the company's manufacturing facilities in the region.Akums Drugs stated that active measures are currently being implemented by the company to normalize operations at the impacted sites. The management and local authorities are actively engaged in discussions with the workers to ensure the resolution...

Standard Industries Transfers Development Rights of Stanrose Apartment Building Standard Industries Limited completed the assignment and transfer of development rights for the freehold land and building of its Stanrose Apartment Building in Dadar West, Mumbai. The deal, executed on May 14, 2026, involves transferring the rights to Prabhadevi Developer Private Limited.The transfer concerns the land underlying the Stanrose Apartment Building, which is located at Kashinath Dhuru Marg, Chandrakant Dhuru Wadi, Dadar West, Mumbai- 400028.According to the details of the agreement, the purpose of the transfer is the assignment and transfer of development rights in the land, which is admeasuring 1937.30 sq. mtrs.Key Transaction Details The...

Dilip Buildcon Announces FY26 Financial Results; Accelerates Transition to Multi-Asset Infrastructure Platform Dilip Buildcon Limited (DBL) announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The Company highlighted a strategic shift under its "DBL 2.0" initiative, signaling a transformation from a pure-play EPC contractor into a diversified, multi-asset infrastructure platform focused on long-duration, contracted businesses.For the financial year ended March 31, 2026, DBL reported a consolidated revenue from operations of ₹ 8,98,393.12 lakhs, compared to ₹ 11,31,672.00 lakhs in the previous year. Consolidated EBITDA reached ₹ 1,766 crores (a margin of 19.66%), resulting in a Profit...