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Indoco Remedies Secures EU GMP Certification for Baddi Facility After Malta Medicines Authority Audit Indoco Remedies Ltd. announced that its manufacturing facility for solid oral dosage form (Unit I) in Baddi has successfully received EU GMP certification from the Malta Medicines Authority. The facility underwent inspection by the Authority spanning from January 29, 2026, to February 3, 2026.The certification confirms that the Baddi unit complies with the Good Manufacturing Practice requirements outlined in the EC Directive, marking a significant milestone in the company's global quality compliance efforts.Commenting on the development, Ms. Aditi Panandikar, Managing Director of Indoco Remedies Ltd., stated, "This approval from the...

Genesys International Secures Landmark NMCG Project for Ganga Corridor Aerial LiDAR Survey Genesys International Corporation Limited has secured a major project from the National Mission for Clean Ganga (NMCG), under the Ministry of Jal Shakti, Government of India. The contract involves conducting an Aerial LiDAR Survey and Geotagged Videography of the Drainage System of the River Ganga.The ambitious assignment spans four states: Uttar Pradesh, Bihar, Jharkhand, and West Bengal. Genesys will utilize a combination of manned aerial platforms and unmanned aerial vehicles (UAVs) to capture high-resolution geospatial datasets across the river corridor and its associated drainage systems.The scope of the project requires comprehensive...

HFCL Approves ₹230 Crore Defence Facility in Andhra Pradesh HFCL Ltd has announced the establishment of a Defence Manufacturing Facility in the Sri Satya Sai District of Andhra Pradesh. The initiative, approved by the company's Board of Directors during a meeting held on May 14, 2026, marks a significant strategic expansion into high-value defence manufacturing for the group.The facility is set up for the manufacture of Multi-Mode Hand Grenade (MMHG) and similar other products. The total initial capital outlay for this Defence Facility is approximately ₹230 crore.This venture is positioned as part of HFCL’s long-term strategy, aligning with India's national objective of achieving self-reliance, or 'Aatmanirbharta,' in defence...

TITAGARH RAIL SYSTEMS REPORTS NO DEVIATION IN UTILIZATION OF CONVERTIBLE WARRANTS PROCEEDS TITAGARH RAIL SYSTEMS LIMITED has confirmed that there was no deviation or variation in the utilization of proceeds from the issuance of Convertible Warrants on a preferential basis for the quarter ended March 31, 2026.The company provided details regarding the fundraising proceeds, which originated from the issuance of convertible warrants on a preferential basis on November 04, 2025. The total issue size amounted to Rs. 199.99 Crores. Of this total amount, the company confirmed that Rs. 49.99 Crores, representing 25% of the issue size, was received as upfront consideration or subscription amount as of December 31, 2025. The remaining 75% of...

Riddhi Siddhi Gluco Biols to Hold Board Meeting on May 19, 2026, for Financial Review Riddhi Siddhi Gluco Biols Limited has announced that a meeting of its Board of Directors is scheduled for Tuesday, May 19, 2026.The meeting will focus on key corporate governance and financial matters for the quarter and financial year ending March 31, 2026.During the board session, the directors are scheduled to consider and approve the audited financial results of the company, covering both standalone and consolidated figures for the period. Furthermore, the board will consider and recommend a dividend, if any, on the equity shares for the financial year ended March 31, 2026.The company also noted the status of its trading window for designated...

CB Management Services Amalgamates with MUFG Intime India Private Limited to Achieve Economies of Scale IFB Industries Limited has announced the amalgamation of CB Management Services Private Limited with MUFG Intime India Private Limited, effective May 8, 2026. The move is designed to create a stronger, more efficient entity with enhanced operational capability and financial strength.The merger combines the operations of CB Management Services Private Limited (the Transferor Company) with MUFG Intime India Private Limited (the Transferee Company), which was previously known as Link Intime India Private Limited. The Transferor Company was a wholly-owned subsidiary of the Transferee Company.Strategic Rationale and Business Benefits...

Sunshield Chemicals Ltd. Constitutes CSR Committee Board Sunshield Chemicals Ltd. has announced the formation of its Corporate Social Responsibility (CSR) Committee, effective May 13, 2026. The company's Board has officially constituted the committee to oversee its corporate social responsibility initiatives.The newly formed CSR Committee comprises three key members, bringing together independent expertise and internal leadership.The composition of the CSR Committee is as follows:Member NameDesignationMr. Cyrus PoonevalaIndependent DirectorDr. Maya Parihar MalhotraDirectorMr. Jeet MalhotraManaging Director & CEOStock Price Movement As of 10:49, Sunshield Chemicals Ltd shares are slipping, trading at ₹935.00, down...

AIA Engineering Ltd Announces Board Meeting to Approve FY 2025-26 Results and Dividend AIA Engineering Ltd has announced that a meeting of its Board of Directors is scheduled for Tuesday, May 26, 2026. The board meeting is intended to address several key corporate matters regarding the financial year 2025-26.During the meeting, the company plans to consider and approve the Audited Financial Results for the Quarter/Year ended March 31, 2026. Additionally, the board will recommend a dividend, if applicable, for the Financial Year 2025-26.AIAENG Stock Price Movement Shares of AIA Engineering Limited are gaining 0.64% in live trading, moving to ₹3819.00 as of 10:51 AM today. Trading volume remains brisk during the session, with the...

Swastika Castal Ltd. Board Meeting Scheduled to Review FY26 Financial Results Swastika Castal Ltd. has scheduled a meeting of its Board of Directors to consider and approve the Audited Financial Results for the fiscal year ended March 31, 2026.The Board Meeting is set to take place on Wednesday, May 20, 2026, at 11:00 a.m. The meeting will be held at the company’s Corporate Office located at 306 Tower-A Mayfair Corporate Park, Behind Delhi Public School, Kalali, Vadodara, Gujarat- 390012.The company also provided details regarding the trading window period surrounding the announcement of the financial results.EventStart DateEnd DateTrading Window Close PeriodApril 1, 2026May 22, 2026The Audited Financial Results under...

Matrimony.com Ltd. Board Approves Grant of 22,000 Stock Options Under ESOS 2014 Matrimony.com Ltd. has announced the approval of a grant of 22,000 stock options for its employees. The grant was authorized by the Nomination and Remuneration Committee of the Board of Directors during a meeting held on May 14, 2026.The Committee approved the stock option grant under the existing 'Matrimony.com Limited - Employee Stock Option Scheme 2014' (ESOS 2014). This authority was established following a Shareholder's resolution passed through Postal Ballot on January 2, 2018.The exercise price for these options was set at Rs. 430.30 per share. This price was determined based on the closing share price of the Company on May 13, 2026, on the...

Kaya Ltd Board Meeting Scheduled for May 20, 2026, to Approve FY Results Kaya Ltd has announced that its Board of Directors meeting is scheduled for May 20, 2026. The meeting is set to handle the review and approval of the company's financial results for the quarter and financial year ending March 31, 2026.The Board meeting will address two primary matters:PurposeDetailsConsideration and ApprovalAudited Consolidated and Standalone financial results for the quarter and financial year ended March 31, 2026.Record TakingTaking on record the Auditors' Report on Standalone and Consolidated Financial results.In addition to the board meeting announcement, the company also reported on the status of its trading window for dealing...

Desco Infratech Completes 14 KM MDPE Pipeline in Haryana, Boosting PNG Connectivity Desco Infratech Limited has successfully completed and commissioned a 14 KM MDPE Pipeline Project in Haryana. This initiative is set to significantly enhance PNG connectivity to residential households, furthering the company's role in India's clean energy infrastructure.The commissioned pipeline infrastructure is designed to facilitate the conversion of approximately 1,000 domestic household connections from LPG usage to PNG gas usage. This transition enables citizens to access a safer, cleaner, and more efficient fuel solution directly at their homes.The project contributes to the growing expansion of City Gas Distribution (CGD) networks across...

Talbros Engineering Ltd Announces Board Meeting for Financial Results and Dividend Recommendation Talbros Engineering Ltd has scheduled a meeting of its Board of Directors for Friday, May 22, 2026, to consider and approve key corporate and financial matters for the company.The agenda for the Board Meeting includes the review of the audited financial performance of the company. Specifically, the board is scheduled to:Consider and approve the Standalone Audited Financial Results for the Financial Year ending March 31, 2026. Consider and approve a recommendation regarding a Final Dividend, if applicable, on the equity shares for the Financial Year ended March 31, 2026. This dividend recommendation remains subject to approval by the...

Khaitan Chemicals & Fertilizers Ltd Approves Increased Borrowing Limits and Asset Charges The Board of Directors of Khaitan Chemicals & Fertilizers Ltd met on Thursday, May 14, 2026, and transacted several key business matters. During the meeting, the board authorized major corporate actions, including raising the company’s borrowing capacity and establishing security interests over its assets.Under the authority granted by the board, the company received approval to increase its overall borrowing limits. This authorization, under Section 180(1)(c) of the Companies Act, 2013, permits the company to raise or borrow sums deemed appropriate for its purposes. Importantly, the total amount that may be borrowed shall not, at any time...

Sudeep Pharma Ltd Board Meeting Scheduled for May 21, Reviewing Q4 Results and Dividend Sudeep Pharma Ltd has announced that its Board of Directors meeting is scheduled for Thursday, May 21, 2026.The meeting is set to address key corporate decisions, including the approval of the Audited Standalone and Consolidated Financial Results for the fourth quarter and the fiscal year ended on March 31, 2026. Additionally, the board will consider making a recommendation for a Final Dividend, if deemed necessary, on the company's Equity Shares for the Financial Year 2025-26.The company also provided details regarding the closure period for the Trading Window for persons covered under the Code of Internal Procedure and Conduct of Regulating...

Arunaya Organics Limited Clarifies Price Movement, Denies Pending Material Information Arunaya Organics Limited issued a statement on May 14, 2026, addressing the current price movement in its shares and clarifying that the company possesses no relevant price-sensitive information impacting the recent increase in share prices.In the filing, the company stated that there is no material information or announcement pending that requires disclosure and that has a bearing on the price or volume of the shares.The company reaffirmed its commitment to good corporate governance and stated that it has consistently updated all requisite price sensitive information with the respective stock exchange over time.The statement was issued by...

Panchmahal Steel Ltd Announces Board Meeting to Review FY 2026 Results; Trading Window Remains Closed Panchmahal Steel Ltd has announced that its Board of Directors will convene a meeting on Monday, May 25, 2026. The primary objective of the meeting is to consider and record the Audited Financial Results of the Company for the quarter and the full financial year ended March 31, 2026.In parallel updates, the company also provided details regarding the operational status of its securities market access.The trading window for dealing in Panchmahal Steel Ltd securities had been closed effective April 1, 2025. This closure is scheduled to remain in effect until May 27, 2026. The restriction is implemented under the company's Code of...

Kirloskar Oil Engines Approves Grant of 2.40 Lakh Employee Stock Options Kirloskar Oil Engines Ltd., a company of the Kirloskar Group, announced on May 14, 2026, that its Nomination and Remuneration Committee approved the grant of employee stock options to its eligible employees. The decision was made following a meeting held on May 14, 2026.The stock option grant, which falls under the Kirloskar Oil Engines Limited - Employee Stock Option Plan 2019 (KOEL ESOP 2019), covers a total of 2,40,000 options.The structure and key terms governing the option grant were detailed, providing specific financial and operational parameters for the employees.DetailSpecificationOptions Granted2,40,000 options to the eligible employee of the...

Adani Power Provides Update on GVK Energy Insolvency Status and CCI Approval Adani Power Ltd. provided an update concerning the ongoing Corporate Insolvency Resolution Process (CIRP) of GVK Energy Limited. The company confirmed that the resolution plans submitted by various bidders remain under consideration, following necessary approvals from the Competition Commission of India (CCI).GVK Energy Limited had initially been admitted into the CIRP on May 6, 2025. This admission followed a Section 7 application under the Insolvency and Bankruptcy Code (IBC) filed by lenders due to default.The process gained momentum when a detailed invitation for Expression of Interest (EOI) was published on July 10, 2025, for the CIRP. Subsequent to...

Mirc Electronics Ltd. Board Meeting Scheduled to Consider Fund Raising Through Securities Issue Mirc Electronics Ltd. has scheduled a Board of Directors meeting for Saturday, May 16, 2026, to review and approve a proposal for raising funds.During the meeting, the Board is set to consider and approve the issuance of one or more financial instruments. These instruments include equity shares, warrants, convertible preference shares, convertible or NonConvertible securities of any description, or warrants. The funds can be raised through various mechanisms, including preferential issue, private placements, qualified institutional placements, or any other suitable methods or combination thereof permitted under applicable laws.In addition...