Markets

Caplin Point Announces Strong FY26 Results, Boosts Dividend Amid 13.2% Revenue Growth Caplin Point Laboratories Limited, a pharmaceutical company, announced its financial performance for the quarter and year ended March 31, 2026. The company reported robust growth across its key markets, highlighting substantial increases in revenue and profits for the fiscal year.The Board of Directors also approved an Interim Dividend of INR 4.00 (200%) per equity share of face value INR 2 for the financial year ended March 31, 2026. The Record Date for determining shareholder eligibility for the dividend has been fixed as May 30, 2026.Financial Performance Snapshot The financial results for the year ended March 31, 2026, reflect a healthy...

Raj Rayon Industries Approves Financial Results and Names New Company Secretary Raj Rayon Industries Limited announced key updates following its Board of Directors meeting held on May 14, 2026. The company approved and took on record the audited financial results for the quarter and the financial year ended March 31, 2026, while also updating its key managerial personnel roles.Financial Performance Summary The Board meeting approved the summarized audited financial results for the quarter and the financial year ended March 31, 2026. The financial results provide a comparative view with the figures from the previous year.Key Financial Results (in Lakhs)The total comprehensive income for the year ended March 31, 2026, was 3,400.38...

Matrimony.com Limited Approves FY26 Results, Recommends Final Dividend, and Appoints New Internal Auditor Matrimony.com Limited announced on May 14, 2026, the outcomes of its Board of Directors meeting, approving the audited consolidated and standalone financial results for the quarter and year ended March 31, 2026. The Board also recommended a final dividend and approved the scheduling of the Annual General Meeting.The Board meetings approved the audited consolidated and standalone financial results for the quarter and year ended March 31, 2026, along with the Directors' Report, Corporate Governance Report, Management Discussion & Analysis Report, and Business Responsibility & Sustainability Report for the year ended March 31, 2026...

PNC Infratech Secures Major Contract for 4-Lane Bridge Construction on Ganga River PNC Infratech Limited announced the receipt of a Letter of Acceptance on May 13, 2026, for a major infrastructure project by the UP State Bridge Corporation Ltd. (UPSBC). The project involves the construction of a 4-Lane Major Bridge over the Ganga River with a Footpath on the Bhairoghat Dhobighat Jalkal Campus, connecting Trans Ganga City to Kanpur City, including approach roads and protection works in District Kanpur.The Letter of Acceptance confirms that the Joint Venture (JV), comprising SPS Constructions India Pvt Ltd (SPSCIPL) and PNC Infratech Ltd (PNCIL), was declared the L1 bidder following the opening of price bids on May 13, 2026. Following...

Cellecor Gadgets Limited Announces Financial Results and Equity Share Allotment Cellecor Gadgets Limited announced the results of its Board meeting held on May 14, 2026. During the meeting, the Board of Directors approved the audited financial results for the half year and the full financial year ended March 31, 2026.In addition to the financial results, the Board also approved the allotment of fully paid-up equity shares resulting from the partial conversion of Unsecured Foreign Currency Convertible Bonds (FCCBs) due 2031.Equity Share Allotment from FCCB Conversion The Board approved the allotment of 16,49,138 fully paid-up equity shares of face value INR 1 each. This allotment was made to a FCCB holder upon receipt of a notice for...

Systango Technologies Announces Interim Dividend and Financial Results for FY 2025-26 Systango Technologies Limited announced on May 14, 2026, that its Board of Directors considered and approved the company's audited standalone and consolidated financial results for the half year and year ended March 31, 2026. Alongside the financial approvals, the Board also declared the first interim dividend for the fiscal year 2025-26.The Board Meeting, held on May 14, 2026, announced that the company is declaring an interim dividend of Rs. 7 per share for the FY 2025-26. The record date for this dividend has been set as Thursday, May 21, 2026.Financial Performance and Reporting The company's financial statements cover the half year and year...

Systango Technologies Declares Rs. 7 Per Share Interim Dividend for FY 2025-26 Systango Technologies Limited announced the declaration of its first interim dividend for the financial year 2025-26. The dividend was declared by the company's Board of Directors during a meeting held on May 14, 2026.The Board reviewed and approved the payout of an interim dividend of Rs. 7 per share on the company's fully paid-up equity shares.The dividend amount and key dates are summarized below:Metric DetailDividend Type 1st Interim DividendFinancial Year 2025-26Dividend Amount Rs. 7 per shareBoard Meeting Date May 14, 2026Record Date May 21, 2026The company stated that the dividend will be paid within the statutory time limit...

Mangalore Refinery and Petrochemicals Limited Receives Final Order from CESTAT, Eligible for Significant Customs Duty Refund Mangalore Refinery and Petrochemicals Limited (MRPL) has received a final order from the Office of the Customs Excise and Service Tax Appellate Tribunal (CESTAT, Bangalore). This ruling addresses a dispute concerning the classification of "Reformats" imported by the company, which has significant implications for the firm's cash flow and contingent liabilities.The company received the communication from the Customs Excise and Service Tax Appellate Tribunal (CESTAT) on May 13, 2026. The case pertains to a classification dispute where MRPL had initially classified the imported goods under CTH 27075000. The Customs...

Vishal Mega Mart Reports Financial Results for FY2026; Re-appoints Internal Auditors Vishal Mega Mart Limited, formerly known as Vishal Mega Mart Private Limited, announced the approval of its audited financial results for the quarter and full financial year ended March 31, 2026. The company also approved the re-appointment of Ernst & Young LLP as its Internal Auditors for the Financial Year 2026-27.The Board of Directors of Vishal Mega Mart Limited conducted its meeting on May 14, 2026, where it considered and approved the key financial and governance matters.Financial Results Highlights The Company released its audited financial results, covering both standalone and consolidated statements, for the period ending March 31, 2026...

Raj Oil Mills Limited Files Annual Secretarial Compliance Report for FY 2026 Raj Oil Mills Limited has released its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report details the company's adherence to various corporate governance and regulatory requirements established by market bodies.The report confirms the company's general compliance with the provisions of the relevant regulations and circulars issued by the Securities and Exchange Board of India. No deviations or non-compliances were reported for the period under review.The Annual Secretarial Compliance Report confirmed adherence across multiple governance facets:Secretarial Standards: The company confirmed that its compliances are...

Cipla Allots 17,915 Shares Under ESOS and ESAR Schemes Cipla Limited announced that its Operations and Administrative Committee allotted 17,915 fully paid-up equity shares on May 14, 2026. This allotment was executed under the framework of the Employee Stock Option Scheme 2013-A and the Cipla Employee Stock Appreciation Rights Scheme 2021.The newly allotted shares represent fully paid-up equity shares with a face value of INR 2 each.The Company confirmed that the issuance of these shares has updated its capital structure. The total issued, subscribed and paid-up share capital of Cipla Limited now stands at INR 1,61,56,01,092, comprising a total of 80,78,00,546 equity shares of face value INR 2 each.The financial details following...

Bharti Airtel Releases Audited Financial Results for Fourth Quarter and Fiscal Year 2026 Bharti Airtel Limited has announced the release of its Audited Consolidated and Standalone Financial Results for the fourth quarter (Q4) and the full year ending March 31, 2026.The Company's Board of Directors approved the detailed Financial Results during a meeting held on Wednesday, May 13, 2026, in Gurugram.The approved results cover the operational performance and financial standing of Bharti Airtel Limited for the fourth quarter and the corresponding fiscal year ending March 31, 2026.The detailed financial results, along with the auditor's reports, are available on the Company's official website. They can also be accessed through the...

Sharda Cropchem Limited Board Recommends Final Dividend for Financial Year 2025-26 The Board of Directors of Sharda Cropchem Limited, in its meeting held on May 13, 2026, recommended the declaration of a final dividend for the financial year 2025-26.The Board considered and recommended paying a final dividend at a rate of Rs. 9.00 per equity share. This dividend is based on the company's face value of Rs. 10.00 per share.The recommendation of the final dividend is subject to the subsequent approval of the shareholders at the Company's forthcoming Annual General Meeting.Sharda Cropchem Limited released the following details regarding the dividend recommendation:Parameter DetailFinancial Year 2025-26Board Meeting Date May...

L&T Partners with Exail to Deliver Unmanned Mine Counter Measure Suite for Indian Navy Mumbai, May 14, 2026: Larsen & Toubro (L&T) has formed a strategic collaboration with France-based Exail to supply an advanced Unmanned Mine Counter Measure (MCM) Suite for the Indian Navy's Mine Counter Measure Vessels (MCMVs) program.The partnership aims to equip the Indian Navy with a state-of-the-art Unmanned MCM Suit. This system will incorporate autonomous and remotely operated mechanisms designed to detect, classify, identify, and neutralize naval mines in a safe, stand-off manner.Under the agreement, L&T will act as the prime contractor, offering the Unmanned MCM Suite to all shipyards participating in the Indian Navy's upcoming program...

NTPC Green Energy Reports Capacity Boost with Two Solar Projects Reaching Commercial Operation NTPC Green Energy Limited, a subsidiary of NTPC Limited, has announced a significant increase in its installed capacity following the declaration of commercial operation for two solar power projects in Rajasthan. The additions boost the total installed capacity of the NTPC Green Energy Limited Group to 10,516.40 MW.The operational milestone was reached on May 15, 2026.The company confirmed that the second part capacity of the 150 MW Solar Project in Rajasthan, managed by Project Eleven Renewable Power Private Limited (a step-down subsidiary of the ONGC NTPC Green Private Limited joint venture), was declared commercially operational. This...

Marvel Decor Limited Secures International Order Worth INR 2.32 Crores for Curtains and Blinds Marvel Decor Limited reported receiving a significant purchase order valued at approximately INR 2.32 Crores. The order was secured from the company's Rest of the World (ROW) Division, confirming its continued international business traction.The transaction involves the supply of Motorised Curtains and Blinds and is based on regular business terms. This purchase order from the ROW Division is noted as reflecting the further strengthening of the company's presence in these global markets.The order is categorized as a regular purchase order and was placed by an international entity. Marvel Decor Limited expects the execution of the order...

Sundaram Multi Pap Limited Expands Nationwide Sales Footprint with Pan-India Distribution Sundaram Multi Pap Limited, a leading manufacturer and distributor of paper stationery products, has announced a significant expansion of its sales operations, making its offerings available across the country under the iconic Sundaram Books brand. This strategic move aims to bolster the company's presence in both urban and rural markets, ensuring access to quality stationery nationwide.The company, which has maintained a legacy spanning over four decades, has positioned itself as a trusted name in academic and office stationery, recognized for its commitment to quality, innovation, and affordability. The nationwide rollout signifies the...

Amit Mittal, MD of A2Z Infra Engineering, Taken Into Judicial Custody in Chhattisgarh Investigation A2Z Infra Engineering Limited announced that its Managing Director cum CEO and Promoter, Mr. Amit Mittal, has been taken into judicial custody. The action by the Economic Offence Wing-Anti Corruption Bureau (EOW-ACB) Chhattisgarh relates to an ongoing investigation into alleged irregularities concerning contracts executed with Chhattisgarh State Marketing Corporation Limited.The judicial custody took place on May 13, 2026. The investigation period covers contracts executed from the Financial Year 2019-20 to FY 2023-24, specifically relating to the supply of manpower in the state of Chhattisgarh.Mr. Amit Mittal holds the position of...

Hindustan Aeronautics Limited Announces Audited Financial Results for FY 2026 Hindustan Aeronautics Limited (HAL) announced the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results provide a comprehensive overview of the company's financial performance across both standalone and consolidated entities.Financial Highlights: Year Ended March 31, 2026 The company demonstrated strong cumulative performance for the fiscal year 2025-26.The audited financial statements show the following key figures (amounts in Rs Lakhs):Financial Metric Standalone ConsolidatedTotal Income (Year Ended 31-Mar-26) 36,79,354 36,78,795Total Comprehensive Income (Year Ended 31-Mar-26) 9,36,353...

Sundaram Clayton Reports Strong Q4 EBITDA Growth for FY 2025-26 Chennai, May 14, 2026: Sundaram Clayton Limited (SCL) announced strong financial performance for the fourth quarter of fiscal year (FY) 2025-26, reporting an EBITDA of 20.4% at Rs. 91.9 Cr. This marked an increase compared to the EBITDA of 17.0% or Rs. 89.8 Cr recorded in Q4 of the previous fiscal year (2024-25).For Q4 FY 2025-26, the standalone revenue stood at Rs. 451.2 Cr. This was compared to Rs. 527 Cr in Q4 2024-25, a difference attributed to the sale of the 2W casting business in Hosur during Q4 FY 2024-25.Full Year Performance Highlights Reviewing the full fiscal year 2025-26, the company reported an EBITDA of Rs. 330.3 Cr, representing 18.3%. This is a notable...