Markets

Hi-Green Carbon Limited Board Approves Appointments of Secretarial and Internal Auditors Hi-Green Carbon Limited confirmed that its Board of Directors held a meeting on May 8, 2026. During the session, the Board considered and approved several general business transactions, including the appointment of new professionals to serve as the Secretarial and Internal Auditors for the company.The Board meeting commenced at 05:00 p.m. and concluded at 05:40 p.m.The board's approvals centered on appointing two major auditing firms to oversee the company's compliance and internal controls for the next two financial years.Audit Appointment Details The company approved the appointment of M/s. JPMK & Associates, Practicing Company Secretaries...

Sat Kartar Life Limited Expands Operations into Curated Spiritual and Wellness Offerings Sat Kartar Life Limited, formerly known as Sat Kartar Shopping Limited, has announced the adoption of a new line of business focused on curated spiritual offerings and wellness-related products. This expansion aims to build a comprehensive, holistic wellness platform for customers seeking physical, mental, and spiritual well-being.The new business scope involves a wide range of activities, including manufacturing, developing, marketing, trading, importing, exporting, and retailing of products in India and internationally.The detailed scope of the new venture includes:Category DescriptionProducts & Offerings Curated spiritual and wellness...

Niva Bupa Reports Strong FY26 Performance, Achieving 80% PAT Growth Gurugram, May 8, 2026: Niva Bupa Health Insurance today announced its financial results for the fourth quarter and full year ended March 31, 2026. The company reported strong profitability and notable market share gains, reflecting improved operational performance.For the full fiscal year 2026, the company’s IFRS Profit After Tax (PAT) stood at ₹ 366 crore, marking an 80% growth compared to the previous financial year.Financial and Operational Highlights The company achieved significant year-on-year growth in premiums and operational ratios. For the full year, Niva Bupa reported a Gross Written Premium (GWP) of ₹ 8,586 crore (with 1/n) and ₹ 9433 crore (without...

Bank of India Board Approves Dividend of Rs. 4.65 Per Share on FY2026 Results Bank of India announced the outcome of its Board Meeting held on May 8, 2026, disclosing the audited financial results for the fourth quarter and the full financial year ended March 31, 2026. The Board recommended a dividend of Rs. 4.65 per equity share (representing 46.50% of the face value of Rs. 10 each) for the Financial Year 2025-26, pending approval from the shareholders at the Annual General Meeting.The bank has set the record date for the dividend payment as May 29, 2026. Shareholders holding shares on this cut-off date will be eligible for the dividend payment. The 30th Annual General Meeting of the Bank is scheduled for June 15, 2026, and will be...

Apollo Hospitals Completes Scheme Arrangement Proceedings Following NCLT Order Apollo Hospitals Enterprise Limited announced on May 8, 2026, that it received the certified true copy of an order dated May 5, 2026, from the National Company Law Tribunal (NCLT), Chennai Bench. The order pertains to the proposed composite scheme of arrangement involving the Company and three related entities.The scheme of arrangement, which was jointly filed by Apollo Hospitals Enterprise Limited, Apollo Healthco Limited, Keimed Private Limited, and Apollo Healthtech Limited, aims to restructure operations under the provisions of the Companies Act, 2013. The parties involved in the scheme are:Apollo Hospitals Enterprise Limited (The Company) Apollo...

RBI Scraps NPA Provision Hurdle: Banks Gain Easier Access to Profits for CRAR Calculation The Reserve Bank of India (RBI) has issued critical Amendment Directions streamlining how banks calculate their Common Equity Tier 1 (CET1) capital. The regulatory changes significantly ease prior restrictions, allowing banks to more reliably include quarterly profits when computing the Capital to Risk weighted Assets Ratio (CRAR).The updated guidelines represent a substantial shift in prudential norms, making capital adequacy computation less susceptible to volatile provisions for non-performing assets (NPAs). This move is expected to provide immediate clarity and stability across the banking sector.RBI Finalizes Amendments to Capital Adequacy...

RBI Extends Directive for Sri Guru Raghavendra Bank Niyamitha Until August 2026 Amid Regulatory Oversight The Reserve Bank of India (RBI) has issued crucial directions extending the operational period for Sri Guru Raghavendra Sahakara Bank Niyamitha in Bengaluru. The extension confirms ongoing regulatory scrutiny, maintaining the bank under the purview of specific directives.This action was formally published on May 8, 2026, under Section 35A read with Section 56 of the Banking Regulation Act, 1949. The RBI stated that the extension was necessary in the public interest, requiring continued oversight of the institution.RBI Extends Directive Period for Bengaluru Bank The RBI utilized its powers vested under the Banking Regulation Act...

CreditAccess Grameen Reports Strong Q4 FY26 Results; AUM Reaches INR 29,590 Crore CreditAccess Grameen Limited, India's prominent rural-focused inclusive financing platform, announced its audited financial results for the fourth quarter and financial year ending March 31, 2026. The company reported significant growth in its Assets Under Management (AUM) and Profit After Tax (PAT), signaling a strong performance trajectory.Q4 FY26 Business Highlights During the fourth quarter of fiscal year 2026, the company reported that its AUM grew 14.0% Year-over-Year (YoY), reaching INR 29,590 crore from INR 25,948 crore. Disbursements saw an increase of 28.4% YoY, rising from INR 6,472 crore to INR 8,313 crore.Key operational highlights for the...

SEBI Issues Key Status Update: Track the 35+ IPO Drafts Awaiting Final Clearances The Securities and Exchange Board of India (SEBI) has released a comprehensive weekly update detailing the processing status of draft offer documents (DPFs) filed by issuers seeking to launch Initial Public Offers (IPOs). The report, dated May 8, 2026, underscores the high volume of corporate fundraising activity currently under regulatory review.As mandated by the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, every unlisted company aiming for an IPO must file a draft offer document through a merchant banker. This weekly status report provides critical insight into the readiness level of these proposed listings.Major IPO Draft...

Inspirisys Solutions Announces Audited Financial Results for FY2025-2026 Inspirisys Solutions Limited (INSPIRISYS) has released its audited financial results for the year ended March 31, 2026, for both standalone and consolidated results. The company reported the results of its Board Meeting held on May 08, 2026.The results, which include the comprehensive financial statements, were audited by M/s M S KA & Associates LLP, who issued an unmodified opinion on the audited standalone and consolidated annual financial results for the period.Consolidated Financial Overview The Group demonstrated significant growth in its revenue and profitability during the fiscal year 2025-2026.The key consolidated financial figures for the period are...

Audio Recording of Investor Call Regarding AAML Acquisition Available Arvind Limited has announced that the audio recording of an Investor call has been made available on the company website. The call relates to the acquisition by Arvind Advanced Materials Limited (AAML), which is a wholly owned subsidiary of Arvind Limited.The Investor call took place on May 7, 2026. The company confirmed the availability of the audio recording, which details the acquisition process involving AAML.Stakeholders can access the audio recording through the official Arvind Limited website at the following link: https://www.arvind.com/sites/default/files/2026-05/10042710.mp3.ARVIND Stock Price Movement Arvind Limited shares today slipped by 2.88% to...

Oberoi Realty Announces Audited Financial Results for Fiscal Year 2026 Oberoi Realty Limited announced the audited consolidated and standalone financial results for the year ended March 31, 2026. The Board of Directors approved the financial results during its meeting held on May 8, 2026.The statutory auditors issued an unmodified audit opinion on the results. With the financial results communicated, the trading window for the company's equity shares is set to open effective May 11, 2026.During the Board meeting, the company also declared a 4th interim dividend of Rs. 2 per equity share, representing 20% of the face value of the equity share for the financial year 2025-2026.Financial Performance Highlights The financial results...

Voler Car Limited Announces FY2026 Financial Results and Reappoints Internal Auditor Voler Car Limited announced the outcomes of its Board of Directors meeting held on May 8, 2026, finalizing the audited financial results for the year ended March 31, 2026. The Board also confirmed the re-appointment of the company's internal audit department for the financial year 2026-27.The audited financial results for the year ended March 31, 2026, present detailed performance data across key metrics, including revenue and expenses.Financial Performance Overview The company's financial statements for the year ended March 31, 2026, show the following consolidated revenue and expense details:Statement of Financial Results (Figures in ₹ Lakhs)...

Bank of Baroda Announces Financial Results for Q4FY26, Highlights Milestone and Board-Recommended Dividend Bank of Baroda has announced its audited financial results for the quarter and financial year ended March 31, 2026. The bank reported robust profitability, with its global business crossing a milestone of INR 30 lakh crore. The Board of Directors also recommended a substantial dividend for the fiscal year 2025-26.The Board of Directors of Bank of Baroda approved the results, recommending a dividend of Rs 8.50 per equity share (Face Value of Rs 2 each) for FY2025-26, subject to approval at the Annual General Meeting. The record date for dividend payment has been fixed as June 05, 2026.Financial Performance and Profitability Bank...

Lloyds Enterprises Limited Approves FY Results, Recommends Dividend, and Announces Key Board Appointments Lloyds Enterprises Limited held a board meeting on May 8, 2026, during which the board approved the audited financial results for the quarter and the financial year ending March 31, 2026. The board also recommended a final dividend and approved several key appointments related to the company's governance structure.Financial Performance and Dividend Recommendation The board approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The statutory auditors issued an unqualified report on the results.The results highlight the company's performance across two major...

Cera Sanitaryware Reports Q4 and FY26 Results, Noting 11.4% Revenue Growth Cera Sanitaryware Limited (CERA), India's sanitaryware, faucetware, and wellness company, announced its financial results for the quarter and year ended March 31, 2026. The company reported that its revenue for Q4 FY26 stood at Rs. 6,438 million, while the Profit After Tax (PAT) for the quarter reached Rs. 773 million.The financial performance highlights for Q4 and the full fiscal year 2026 are detailed below:Particulars Q4 FY26 Q4 FY25 Growth FY26 FY25 GrowthRevenue from Operations (Net of Taxes) 6,438 5,780 11.4% 20,501 19,153 7.0%EBITDA (Excluding Other Income) 979 1,056 (7.3%) 2,692 2,907 (7.4%)% of revenue from Operations 15.2% 18.3% (310 bps)...

DEE Development Engineers Limited Updates Order Book Details and Operational Status DEE Development Engineers Limited provided an update regarding its order book for the period spanning April 1, 2026, to April 30, 2026, detailing inflows, executions, and current standing across various segments.The company reported that it is also a L1 bidder for orders valued at INR 211 crores from reputed clients, for which formal purchase orders are anticipated shortly. This amount is not reflected in the detailed order book table.Order Book Performance (April 2026) The company's consolidated order book data for the month of April 2026 revealed diverse activities across its various customer segments. Key figures for the period include:Nature...

Lumax Auto Technologies Sells Entire Stake in LJAT to German Partner Jopp Holding GmbH Lumax Auto Technologies Limited announced on May 8, 2026, the approval for the sale of its entire equity stake in Lumax Jopp Allied Technologies Private Limited (LJAT). The sale, valued at Rs. 1,52,500, transfers the company's 50% shareholding to Jopp Holding GmbH, a joint venture partner based in Germany.The company's Board of Directors, at a meeting held on May 8, 2026, approved the sale of its entire equity stake, which includes the shares held by its nominee shareholders. The transaction is subject to the completion of customary conditions detailed in the Share Purchase Agreement among Lumax Auto Technologies, Jopp Holding GmbH, and Lumax Jopp...

Lloyds Enterprises Announces FY 2026 Results, Recommends Dividend, and Completes Board Appointments Lloyds Enterprises Limited announced the outcomes of its Board Meeting held on May 8, 2026. The Board approved the audited financial results for the quarter and financial year ended March 31, 2026, and recommended a Final Dividend for the Financial Year 2025-26. The meeting also saw decisions regarding the reappointment of key auditors and directors, alongside updates on strategic investments and financing.Financial Results for FY 2026 The Company announced the audited financial results for the Standalone and Consolidated entities for the quarter and financial year ended March 31, 2026.The Consolidated Annual Financial Results showed...

Ola Electric S1 X+ Scooter Receives Government Certification with Indigenous 4680 Bharat Cell Power Ola Electric Mobility Limited has announced that its mass market electric scooter, the S1 X+ (5.2 kWh), has received approval under the Central Motor Vehicle Rules (CMVR), 1989. This certification was granted by the International Centre for Automotive Technology (ICAT), Manesar, a government-certified testing agency.This certification marks a significant milestone for the company, establishing the S1 X+ 5.2 kWh as the longest range product in Ola Electric's mass market scooter portfolio. The scooter is powered by the company's indigenously developed 4680 Bharat Cell battery pack, reinforcing Ola's vertically integrated approach.The...