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Entertainment Network to Hold Board Meeting on May 15 to Approve FY2026 Results and Recommend Dividend Entertainment Network (India) Ltd has scheduled a meeting of its Board of Directors for Friday, May 15, 2026. The meeting is slated to address several critical corporate matters, primarily concerning the company’s financial performance for the recently concluded fiscal year.The Board of Directors meeting aims to consider, approve, and take on record the audited financial results of Entertainment Network (India) Ltd for the financial year that ended March 31, 2026. A key agenda item will be the recommendation of a dividend, if any, on the equity shares for the same period. Additionally, the board will consider other business matters...

Mphasis Announces Investor and Financial Analyst Day on May 27, 2026 Mphasis Ltd has announced that it will be hosting an Investor/Financial Analyst day. The event is scheduled for Wednesday, May 27, 2026, and is intended for institutional investors and financial analysts.The details for the upcoming physical meeting are as follows:ParticipantsDay, Date and TimeType of MeetingLocationInstitutional Investors and Financial AnalystsWednesday, May 27, 2026, 9:00 a.m. ISTPhysicalMumbaiMphasis noted that the scheduled time is subject to change due to exigencies on the part of the investors or the company.MPHASIS Stock Price Movement On Friday, MphasiS Limited shares edged higher, gaining 0.84% to close at ₹2214.2. The stock...

Piramal Pharma Limited’s Sellersville Facility Undergoes US FDA Inspection Piramal Pharma Limited recently underwent a Good Manufacturing Practices (GMP) inspection of its Sellersville (USA) facility by the US Food and Drug Administration (US FDA). The inspection took place from May 4, 2026, to May 8, 2026.Following the conclusion of the inspection, the US FDA issued a Form-483, identifying three observations. During the closing meeting, these observations were recommended to be classified under Voluntary Action Indicated (VAI) by the inspectors. The company confirmed that none of the observations related to data integrity.Piramal Pharma Limited stated that it is currently preparing a detailed response addressing the observations...

Paisalo Digital Reports 17% AUM Growth, PAT Jumps 56% to Rs 722 Mn for Q4FY26 New Delhi, May 10, 2026: Paisalo Digital, a digitally enabled Non-Banking Financial Company (NBFC) with extensive experience in lending to underserved and emerging MSME/SME segments, announced its financial results for the quarter and full year ended March 31, 2026. The company reported that its Assets Under Management (AUM) grew 17% year over year (YoY) to Rs 61,009 Mn, and its Profit After Tax (PAT) surged 56% YoY to Rs 722 Mn.Key Financial Performance Metrics The company's key financial metrics demonstrated robust growth across the board. The performance data for Q4FY26 and Full Year 2026 compared to the previous periods is presented below...

Acme Solar Holdings Incorporates Four Wholly Owned Subsidiaries for Renewable Energy Projects Acme Solar Holdings Limited announced the incorporation of four wholly owned subsidiaries (WOS) aimed at expanding its focus on power generation and renewable energy projects. The move establishes four new corporate entities to undertake development, establishment, and operation within the renewable energy sector.The newly incorporated subsidiaries are:ACME Greentech Twenty Private Limited ACME Greentech Twenty Two Private Limited ACME Greentech Twenty Three Private Limited ACME Greentech Twenty Four Private LimitedAll four subsidiaries were incorporated on May 09, 2026, with their registered office situated in Gurugram, Haryana, India...

Adani Green Energy Achieves Milestone with Operationalization of 150 MW Solar Project in Gujarat Adani Green Energy Limited (AGEL) has expanded its renewable energy footprint following the operationalization of a 150 MW solar power project at Khavda, Gujarat.The solar plant, managed by Adani Green Energy Twenty Five C Limited (AGE25CL), a wholly owned stepdown subsidiary of AGEL, commenced power generation from the facility on May 10, 2026.The commissioning of this project marks a significant milestone for the energy group, bolstering its total operational generation capacity.Following the operationalization at Khavda, AGEL announced the following consolidated operational metrics:MetricCapacityTotal Operational Renewable...

Medi Assist Achieves 25.1% Revenue Growth, Becomes Debt-Free, and Expands AI Healthcare Claims Platform Medi Assist Healthcare Services Limited, a leading technology-driven health benefits administrator in India, announced its Q4 and FY26 results, highlighting a period of strong financial expansion, operational transformation, and expanded leadership in healthcare cost optimization and claims digitization.The company reported that for FY26, its overall revenue grew by 25.1% year-on-year. This performance was fueled by the TPA business, which saw a growth of 25.5%, alongside new lines of business that delivered 30.7% growth. The company further noted consistent margin expansion, marking a transition to a debt-free and net-cash-positive...

Concord Control Systems Announces Cessation of Wholly-Owned Subsidiary After Amalgamation Concord Control Systems Limited (CCSL) has confirmed the cessation of Advanced Rail Controls Private Limited (ARC) as its wholly-owned subsidiary, following the successful implementation of a Scheme of Amalgamation. The amalgamation was approved by the National Company Law Tribunal (NCLT) and formalized with the Registrar of Companies, Kanpur.The Scheme of Amalgamation involved Advanced Rail Controls Private Limited (ARC) transferring into Concord Control Systems Limited (CCSL). The process was sanctioned by the Hon'ble NCLT, Allahabad Bench, on April 15, 2026. CCSL and ARC filed a Certified Copy of the NCLT order with the Registrar of Companies...

Mayur Uniquoters' Dhodsar Operations Partially Affected by Strike Over Wages Mayur Uniquoters Limited reported that operations at one of its manufacturing plants located in Dhodsar are partially affected due to a production stoppage. The disruption began on May 9, 2026, following a strike called by the contractual workers.The company confirmed that while the manufacturing plant at Dhodsar, Rajasthan 303712, experienced the production halt in one coating line, all other manufacturing plants remain fully operational.The strike originated because, although the company had already increased wages for contractual workers in line with industry standards and applicable laws, some workers continue to demand further wage increases.In...

Centrico Insurance Repository Allots First Tranche of Equity Shares in RIX Systems to CDSL Subsidiary Central Depository Services (India) Limited (CDSL) has reported the allotment of the first tranche of equity shares to its subsidiary, Centrico Insurance Repository Limited (CIRL), by RIX Systems & Solutions Private Limited (RIX).The development follows prior notification regarding the proposed investment by CIRL in RIX Systems & Solutions Private Limited. Earlier, CDSL had informed stakeholders about the approval received from SEBI for this proposed investment.According to the report, RIX Systems & Solutions Private Limited allotted the first tranche of equity shares to CIRL, which is a subsidiary of Central Depository Services...

Ghanshyam Das Gupta Appointed Director (Mining) on the Board of Hindustan Copper Limited The Ministry of Mines, Government of India, has appointed Shri Ghanshyam Das Gupta to the position of Director (Mining) on the Board of Hindustan Copper Limited (HCL). The appointment was formalized via an order dated May 8, 2026.The Ministry of Mines announced the appointment, recognizing Shri Ghanshyam Das Gupta, who currently serves as the Executive Director (ED), Hindustan Copper Limited (HCL).According to the directive issued under Article 70(1) of the Articles of Association, the appointment is effective from the date of his assumption of charge and is slated to continue until his superannuation date of September 30, 2030, or until such...

Dhampur Bio Organics Limited Announces Passing of Chairman and Executive Director Dhampur Bio Organics Limited confirmed the passing of its Chairman and Executive Director, Shri. Vijay Kumar Goel, on May 10, 2026.The company acknowledged the tenure and contributions of Shri. Goel, whose loss marks a significant event for the organization.The material details concerning Shri. Goel’s tenure are reported as follows:ParticularsDetailsNameVijay Kumar GoelDIN00075317RoleChairman and Executive DirectorDate of CessationMay 10, 2026Reason for ChangeDeathDBOL Stock Price Movement On Friday, Dhampur Bio Organics Limited shares slipped by 0.94% to close at ₹118.78. The stock traded on a volume of 47,943 shares, falling...

Max Financial Services Announces Cancellation of Q4 FY26 Earnings Call Max Financial Services Limited announced on May 10, 2026, that its scheduled earnings call for the fourth quarter of the fiscal year 2026 (Q4 FY26) will not take place.The earnings call pertains to the quarter ended March 31, 2026. The company confirmed that the call, which was originally scheduled for Wednesday, May 13, 2026, at 9:00 a.m. (IST), has been canceled.Max Financial Services Limited stated that the company remains committed to fair and transparent communication processes, and it will continue to follow due disclosure procedures for future investor and analyst engagement.MFSL Stock Price Movement Shares of Max Financial Services Limited slipped by...

Paisalo Digital Limited Reports Utilization of Issue Proceeds for Q1 FY27 Paisalo Digital Limited has reported on the utilization of issue proceeds for the quarter ended March 31, 2026. The statement confirms that the funds raised from debt securities were utilized for their intended purposes, showing no deviation or variation.The company detailed the utilization of proceeds from two separate fund-raising instruments.Details of Funds Raised and Utilized The utilization statement confirms the following proceeds and usage:IssuerISINMode of Fund RaisingInstrument TypeDate RaisedAmount Raised (Rs. in Crore)Funds UtilizedDeviationPaisalo Digital LimitedINE420C07189Private PlacementNon-Convertible DebenturesMarch 18, 202651.00YesNo...

Federal Bank Allots Shares Following Exercise of Employee Stock Options The Federal Bank Limited confirmed the allotment of equity shares to option grantees, following the exercise of stock options under its Employee Stock Option Scheme (ESOS). The allotments were processed on May 9, 2026, after receiving payment from the allottees.The company stated that the allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee. The shares allotted were issued at a face value of Rs. 2 each.The total allotment details across the two schemes are presented below:Scheme NameAllotment DateNumber of Shares AllottedFace Value per ShareESOS 2010 SchemeMay 09, 20266,165Rs. 2/-ESOS 2017 SchemeMay 09...

Paisalo Digital Board Approves FY 2025-26 Results, Recommends 10% Dividend, and Plans NCD Issuance Paisalo Digital Limited announced key corporate decisions following its Board of Directors meeting held on May 10, 2026. The Board approved the audited financial results for the fourth quarter and the full financial year ended March 31, 2026. In a significant move, the company also recommended a final dividend, alongside formalizing plans to raise funds through the issuance of Non-Convertible Debt Securities (NCDs).The Board meeting confirmed the approval of audited financial statements, both standalone and consolidated, for the quarter and financial year ended March 31, 2026.Dividend and Financial Results The Board of Directors...

IFGL Refractories Limited Announces Change in Leadership at Vizag Works IFGL Refractories Limited announced a change in its executive leadership for its Vizag Works division, confirming the resignation of Vice President K Selva Muthu Kumar and the subsequent appointment of C Natarajan to the role.Mr K Selva Muthu Kumar tendered his resignation as Vice President (Vizag Works) due to personal reasons. His resignation was accepted, and the cessation of his role was effective from the close of business hours on May 9, 2026.In the vacuum created by the departure, the company appointed Mr C Natarajan as the new Vice President (Vizag Works), effective May 10, 2026.Mr C Natarajan brings extensive expertise to the role. He holds a...

LIC Housing Finance Limited Reports Demise of Chief Operating Officer Dr. Sanjay Dayal LIC Housing Finance Limited confirmed the untimely demise of its Chief Operating Officer, Dr. Sanjay Dayal. The company issued an update following the passing of Dr. Dayal on May 9, 2026.Dr. Sanjay Dayal served as the Chief Operating Officer of LIC Housing Finance Limited. Records indicate that he had been appointed to this senior role on April 10, 2026.The company provided a formal update detailing the change in its senior management personnel. The key details regarding the transition are summarized below:Particular DetailPersonnel Dr. Sanjay DayalPosition Chief Operating Officer (COO)Reason for Change DemiseDate of Event May 9...

Artemis Medicare Services Limited Reports Completion of Independent Director's Tenure Artemis Medicare Services Limited announced that Mr. Sunil Tandon has ceased to serve as a Director of the Company. The change was effective upon the completion of his tenure as an Independent Director on May 9, 2026.The departure marks the conclusion of his role as an independent member of the board.Details regarding the change in directorship confirm that Mr. Sunil Tandon (DIN: 08342585) ceased his role on May 9, 2026, due to the completion of his tenure as an Independent Director.For a detailed overview of the change, the following information outlines the material facts:Particulars DetailsDirector Name Mr. Sunil TandonDIN 08342585...

IFCI Limited Reports Change in Independent Director IFCI Limited has announced that Shri Umesh Kumar has stepped down from his role as an Independent Director of the company. The change is effective from May 10, 2026.Shri Umesh Kumar’s tenure as the Independent Director concluded on May 9, 2026. The cessation of his directorship means that the director's service period has officially concluded on the stated date.IFCI Stock Price Movement On Friday, IFCI Limited shares edged higher, settling at ₹64.45, marking a gain of ₹0.51 or 0.80%. The equity traded on a robust volume of 49.21 million shares.