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Clean Max Enviro Energy Solutions Completes Restructuring of Investments and Subsidiary Assets
Clean Max Enviro Energy Solutions Completes Restructuring of Investments and Subsidiary Assets Clean Max Enviro Energy Solutions Limited announced significant corporate restructuring agreements, amending its investment structure in Clean Max Taurus Private Limited and completing the transfer of its shares in three subsidiaries.On May 6, 2026, the Company entered into an amended and restated investment agreement with Apple India Private Limited and Clean Max Taurus Private Limited. This revised agreement updates the original Investment Agreement dated December 19, 2025.Under this arrangement, the Company and Apple India will acquire equity shares of Taurus. The details of this investment are summarized below:Partner Shares...
CarTrade Tech Reports Record Performance with FY26 Revenues Reaching ₹869.77 Crores
CarTrade Tech Reports Record Performance with FY26 Revenues Reaching ₹869.77 Crores Mumbai, May 07, 2026: CarTrade Tech Limited announced its financial results for the year ended March 31, 2026, citing the delivery of its highest-ever annual revenues, profits, and margins. The strong performance was attributed to robust growth across its Consumer Group, Remarketing, and OLX India businesses.For the fiscal year 2026, the company recorded Total Income of ₹869.77 crores, marking a year-over-year (YoY) growth of 22%. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew 70% YoY, reaching ₹257 crores, resulting in an EBITDA margin of 33%. Profit After Tax (PAT) increased 68% YoY to ₹243.51 crores.For the fourth...
Emami Limited Approves Acquisition of 60% Stake in IncNut Digital to Bolster Personal Care Presence
Emami Limited Approves Acquisition of 60% Stake in IncNut Digital to Bolster Personal Care Presence Emami Limited has approved the execution of a Share Subscription and Purchase Agreement (SSPA) for acquiring a stake in IncNut Digital Private Limited. This strategic move is aimed at strengthening Emami Limited's presence within the high-growth personal beauty and personal care (BPC) segments.The transaction details the acquisition of a 60% stake on a fully diluted basis in IncNut Digital. The aggregate consideration for this initial acquisition is up to Rs. 321 crores (Rupees Three Hundred and Twenty One crores), paid in cash. Emami Limited anticipates the completion of this acquisition within 30 days.The proposed acquisition does...
Bharat Electronics Ltd: Board Meeting Scheduled to Approve FY 2025-26 Financial Results and Recommend Dividend
Bharat Electronics Ltd: Board Meeting Scheduled to Approve FY 2025-26 Financial Results and Recommend Dividend Bharat Electronics Limited (BEL), a Government of India Enterprise under the Ministry of Defence, has scheduled a meeting of its Board of Directors. The board meeting is set for Tuesday, May 19, 2026.During this meeting, the company intends to consider and approve several key financial matters. The primary agenda includes the approval of the Audited Standalone and Consolidated Financial Results for the quarter and the full year ended March 31, 2026.Additionally, the board is scheduled to consider the recommendation for the Final Dividend for the financial year 2025-26.Bharat Electronics Limited's registered office is...
Sar Televenture Limited Completes Allotment of Equity Shares Via Warrant Conversion
Sar Televenture Limited Completes Allotment of Equity Shares Via Warrant Conversion Sar Televenture Limited announced that its Board of Directors, during a meeting held on May 7, 2026, approved the issuance and allotment of equity shares to a member of the Promoter Group.The allotment involves 1,00,000 equity shares resulting from the conversion of 1,00,000 warrants. This action is conditional upon the receipt of the remaining 75% balance amount against each warrant, representing the full and final subscription amount.According to the details approved by the Board, the shares allotted are as follows:Name of Allottee Category Number of Shares Allotted (via Warrants Conversion)Mr. Sanidhya Garg Promoter Group 1,00,000...
Emami Limited Acquires Majority Stake in Vedix and SkinKraft to Bolster Personalized Beauty Segment
Emami Limited Acquires Majority Stake in Vedix and SkinKraft to Bolster Personalized Beauty Segment Emami Limited, a key player in India's personal care and healthcare space, has entered into a definitive agreement to acquire a majority stake in IncNut Digital Pvt. Ltd., along with its associated subsidiaries and associates. This strategic move significantly strengthens Emami's presence in the fast-growing personalized beauty and personal care (BPC) segment.The transaction involves Emami acquiring a 60% stake, on a fully diluted basis, in IncNut Digital Pvt. Ltd. The acquisition is valued at Rs. 321cr., which includes performance-linked adjustments spread over a 24-month period. Furthermore, the agreement outlines that Emami will...
Maithan Alloys Reports Resignation of General Manager, Vishakhapatnam Unit
Maithan Alloys Reports Resignation of General Manager, Vishakhapatnam Unit Maithan Alloys Ltd has announced a change in its senior management team following the resignation of Mr. Sreejith Ariyanthari Thazhemadam. Mr. Thazhemadam was serving as the General Manager (Operations) and the Plant head of the company's Vishakhapatnam Unit.The company confirmed that Mr. Thazhemadam tendered his resignation due to personal reasons.The resignation was set to be effective from May 6, 2026.The announcement relates to the senior management officer, Mr. Sreejith Ariyanthari Thazhemadam, whose tenure included heading operations at the Vishakhapatnam facility. The departure is effective as of May 6, 2026.MAITHANALL Stock Price Movement Shares...
RBZ Jewellers Ltd. to Hold Board Meeting to Discuss FY 2026 Financial Results
RBZ Jewellers Ltd. to Hold Board Meeting to Discuss FY 2026 Financial Results RBZ Jewellers Ltd. announced that its Board of Directors meeting is scheduled for Thursday, May 14, 2026, at the company's registered office. The meeting aims to consider key financial outcomes and approve general corporate matters.The primary agenda for the board includes considering and approving the Audited Financial Results for the quarter and the year ended on March 31, 2026, along with the accompanying Auditor's report. Additionally, the board plans to discuss and approve other incidental and ancillary matters.In terms of corporate trading restrictions, the company also provided an update regarding the trading window. The 'Trading Window' for dealing...
Nuvama Wealth Subsidiary Receives Warning Regarding Broking and Depository Operations
Nuvama Wealth Subsidiary Receives Warning Regarding Broking and Depository Operations Nuvama Wealth Management Limited reported that its wholly owned material subsidiary, Nuvama Wealth and Investment Limited (NWIL), received a warning letter from the Securities and Exchange Board of India (SEBI). The warning addressed observations concerning the subsidiary's broking and depository operations, including the Cybersecurity and Cyber Resilience Framework.The warning letter, received on May 6, 2026, indicates that NWIL must take care to prevent the recurrence of the issues identified. These observations are consequential to a comprehensive inspection that was conducted jointly with Exchanges and Depository Participants for the period...
Valiant Communications Ltd Allots 2.5 Lakh Equity Shares Through Conversion of Warrants
Valiant Communications Ltd Allots 2.5 Lakh Equity Shares Through Conversion of Warrants Valiant Communications Ltd announced that its Preferential Issue Committee approved the allotment of 2,50,000 Equity Shares. The shares are resulting from the earlier conversion of fully convertible Warrants into Equity Shares, an action that impacts the company's capital structure.The members of the Preferential Issue Committee of the Board of Directors of Valiant Communications Limited approved the allotment of 2,50,000 Equity Shares, each having a face value of ~10/-. This transaction relates to the conversion of 2,50,000 fully convertible Warrants ('Warrants') into Equity Shares. These Warrants were initially allotted on November 27, 2025...
Harmony Capital Services Approves Key Personnel Appointments, Financial Results, and Office Shifts
Harmony Capital Services Approves Key Personnel Appointments, Financial Results, and Office Shifts Harmony Capital Services Ltd held its Board of Directors meeting on May 7, 2026, where the directors considered and approved several key operational, financial, and statutory matters for the company.Key Managerial Personnel and Compliance Officer The Board approved the appointment of Ms. Khyati Mishra (ACS: 70162) as the Company Secretary and Compliance Officer, designating her as a Key Managerial Personnel. This appointment is effective from May 7, 2026.Audited Financial Performance The meeting approved the Audited Standalone Financial Results of the Company for the quarter and year ended March 31, 2026. Statutory Auditors, M/s Kapish...
Airfloa Rail Technology Ltd Secures ₹ 92.08 Lakhs Order from Integral Coach Factory, Indian Railways
Airfloa Rail Technology Ltd Secures ₹ 92.08 Lakhs Order from Integral Coach Factory, Indian Railways Airfloa Rail Technology Ltd, the manufacturer of rail components, announced on May 7, 2026, that it has secured a new contract valued at ₹ 92.08 Lakhs. The order was received on the same day from the Integral Coach Factory (ICF), Chennai - 600038, which operates under Indian Railways.The contract involves the supply and installation of nine sets of Stainless Steel Nose cone specifically designed for MEMU/DMC/JK(944) units. The agreement is governed by the Indian Railways Standard Conditions of Contract and is slated for completion within a period of twelve months.The core details of the new contract are as follows:Metric Detail...
Dev Accelerator Limited Recognized for Growth and Highlights India's Enterprise Workspace Boom
Dev Accelerator Limited Recognized for Growth and Highlights India's Enterprise Workspace Boom Dev Accelerator Limited announced major recognition for its consistent performance in the co-working sector, highlighting its role in India's rapidly expanding enterprise infrastructure. The company detailed its operational achievements, announcing an upcoming centre in Bangalore, while underscoring the structural demand for Grade-A managed workspaces across India.Awards and Industry RecognitionDev Accelerator Limited's co-working arm received the 'Coworking Startup of the Year' Award from the Economic Times Entrepreneur Awards 2026 for the second consecutive year. This double recognition reflects the company's focus on building consistent...
NBCC Awarded Rs. 103.47 Cr. Work Orders as Project Management Agency for PFC's CSR Projects
NBCC Awarded Rs. 103.47 Cr. Work Orders as Project Management Agency for PFC's CSR Projects NBCC (India) Limited has secured significant work orders, having been appointed as the Project Management Agency by Power Finance Corporation Limited (PFC). The contract involves executing various Corporate Social Responsibility (CSR) projects across multiple states.According to the details, PFC has appointed NBCC for the scope of its various CSR initiatives. The total value of the CSR works awarded to NBCC is approximately Rs. 103.47 Cr., excluding Goods and Services Tax (GST).The company confirmed that the awarded work is integral to its normal course of business operations.The key financial details of the recent appointment are as...
DMCC Speciality Chemicals Announces Board Meeting to Review FY26 Results and Recommend Final Dividend
DMCC Speciality Chemicals Announces Board Meeting to Review FY26 Results and Recommend Final Dividend DMCC Speciality Chemicals Ltd, formerly known as The Dharamsi Morarji Chemical Company Limited, has scheduled a meeting of its Board of Directors for Friday, May 15, 2026. The board meeting is intended to consider and approve several key corporate matters, including the company's financial performance for the quarter and year ending March 31, 2026.During the meeting, the board will address the approval and recordation of two primary items. These items include:The Audited (Standalone & Consolidated) Financial Results of the Company for the Quarter and Year ended March 31, 2026. A recommendation of Final Dividend, if any, for the...
MM Rubber Company Ltd Promoter Shares Transferred Following Demise of Mr. Mammen Philip
MM Rubber Company Ltd Promoter Shares Transferred Following Demise of Mr. Mammen Philip MM Rubber Company Limited has reported the passing of Mr. Mammen Philip, a promoter of the company. Mr. Philip, who was holding 95,363 equity shares, passed away on December 8, 2025, at the age of 87.The company announced that with his demise, Mr. Philip ceased to be part of the company's promoter group.The company confirmed that Mr. Philip's shares were successfully transmitted to his daughter, Ms. Kavita Philip, who is designated as the immediate relative.The company has updated its record of shareholding, filing the latest shareholding pattern with the Bombay Stock Exchange (BSE) for the quarter and year ended March 31, 2026, reflecting the...
L&T Buildings & Factories Wins Multi-State Real Estate Orders
L&T Buildings & Factories Wins Multi-State Real Estate Orders Larsen & Toubro (L&T) has announced that its Buildings & Factories (B&F) business vertical has secured multiple orders from a major real-estate client. These contracts involve large-scale real-estate projects situated across three different Indian states.The scope of the winning projects is highly diverse, covering high-rise residential developments, commercial structures, and ancillary amenities.According to the details provided, the first project is slated for Hyderabad. The work scope for this residential development includes the design and construction of ten high-rise residential towers. Each tower is planned to rise up to 180 metres, featuring a configuration of two...
VRL Logistics Ltd Board Meeting Scheduled to Approve Financial Results for FY 2026
VRL Logistics Ltd Board Meeting Scheduled to Approve Financial Results for FY 2026 VRL Logistics Limited announced that its Board of Directors will convene a meeting to consider, approve, and take on record the Audited Financial Results for the quarter and year ending March 31, 2026.The meeting of the Board of Directors is scheduled for May 18, 2026.The key objective of the board meeting is the comprehensive review and approval of the company's financial performance for both the quarter and the full year that concluded on March 31, 2026.The company provided details of the board meeting to the stock exchanges.VRLLOG Stock Price Movement As of 10:43 AM, VRL Logistics Limited shares are rallying, currently trading up ₹12.30 or...
Vapi Enterprise Ltd. Board Meeting Scheduled for May 26, Results to be Approved
Vapi Enterprise Ltd. Board Meeting Scheduled for May 26, Results to be Approved Vapi Enterprise Ltd., the company formerly known as VAPI PAPER MILLS LTD., has announced a Board of Directors meeting scheduled for May 26, 2026. The meeting is set to take place at 01:00 P.M. at the Company's registered office.The primary agenda item for the Board is to consider and approve the Audited Financial Results of the Company for the quarter and the financial year ended March 31, 2026.In parallel, the Company confirmed the details surrounding its trading window. The trading window for Vapi Enterprise Ltd. was previously closed starting April 1, 2026, in compliance with its Code of Conduct for the prevention of Insider Trading. This closure...
State Trading Corporation of India Limited Reports Zero Activity in Physical Share Transfer Requests for April 2026
State Trading Corporation of India Limited Reports Zero Activity in Physical Share Transfer Requests for April 2026 The State Trading Corporation of India Limited has reported on the status of physical share transfer requests for the month of April 2026. The details were provided by the company's Registrar and Transfer Agent, MCS Share Transfer Agent Limited, concerning re-lodgement requests for physical shares.The report covers the status of requests received and processed during April 2026. According to the provided data, the transaction activity recorded was nil across all categories.Key metrics for the processing of physical share transfer requests in April 2026 are as follows:MetricDetails for April 2026Number of...
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