Corporate Signals
- Sai Parenterals Ltd
Sai Parenterals Limited has secured a 10-year exclusive supply contract with PILL CORP, Philippines, for anti-TB products. The contract is valued at USD 11 million, approximately ₹104.50 crore, and becomes effective on 01 June 2026. Under the terms, purchase orders will be released periodically throughout the decade-long tenure. Management confirmed this is not a related party transaction. For investors, this partnership provides long-term revenue visibility and strengthens the company’s international market presence. The agreement includes a standard termination clause with a 6-month notice period, highlighting a stable and structured long-term business arrangement.
- HBL Engineering Ltd
HBL Engineering Limited has secured a Letter of Acceptance from Chittaranjan Locomotive Works (CLW) for the supply, installation, testing, and commissioning of On-board KAVACH loco equipment (Ver 4.0). The contract is valued at ₹1,714 crore, excluding 18% GST, and is scheduled to be completed within 12 months. This major order signifies a material addition to the company's order book and strengthens its participation in the government's railway safety infrastructure rollout. The transaction is confirmed to be at arm's length, with no promoter interest in the awarding entity.
- Maruti Global Industries Ltd
Maruti Global Industries Limited has secured a sub-contract work order from KMC Constructions Limited for construction works related to the NH-66 Vengalam to Ramanattukara project. The order is valued at approximately ₹22.99 crore. Key terms include a 5% retention money clause and a 15-day payment cycle for invoices. The company will be responsible for construction works including structural elements, retaining walls, RCC drains, major bridges, and flyovers. Major materials like steel reinforcement and ready-mix concrete will be provided by KMC on a free-issue basis, which helps mitigate raw material price risks. The contract contains no price escalation clause.
- Kernex Microsystems India Ltd
Kernex Microsystems has received a Letter of Intent (LOI) worth ₹15.90 crore from Jindal Steel Limited (JSL) for the design, supply, installation, and commissioning of an advanced Yard Safety Management & Automation System (Torpedo & Loco Tracking System). This order represents a strategic shift for the company, extending its proprietary technology beyond its core KAVACH railway business into industrial yard automation. Management views this as a key milestone, identifying industrial sectors like steel plants and coal handling yards as underpenetrated markets with significant growth potential. The formal work order with specific delivery timelines is pending.
- Power and Instrumentation (Gujarat) Ltd
Power & Instrumentation (Guj.) Limited announced receipt of an additional work order worth ₹7.14 crore from Ajmer Vidyut Vitran Nigam Limited for distribution infrastructure development under the RDSS scheme. This adds to a previous order of ₹68.22 crore, bringing the aggregate project value to ₹75.36 crore. The project involves material supply and turnkey execution for 11 KV mixed feeders at Dungarpur, Rajasthan, with a completion timeline of 180 days. This order confirms the company's ongoing participation in government-funded distribution sector reforms.
- Likhitha Infrastructure Ltd
Likhitha Infrastructure Limited has secured a new order worth ₹121.04 crore (inclusive of GST) from Oil India Limited. The project involves coating refurbishment and associated works for a pipeline rehabilitation initiative in Assam, specifically covering Spread 1 and Spread 2. This contract is scheduled for execution over a period of 3 years. The company has explicitly confirmed that this contract is not a related party transaction. This order win contributes to the company's order book and demonstrates its continued involvement in public sector pipeline infrastructure projects.
- Dhabriya Polywood Ltd
Dhabriya Polywood Limited has announced the receipt of a new work order valued at ₹15.17 crore (including GST). The order is for the supply and installation of aluminum doors and windows for a domestic Indian company. The project is scheduled to be completed over an 18-month period, with delivery in tranches. The company has withheld the client's identity citing competitive sensitivity. This order win enhances the company's revenue visibility. The company has also confirmed that the contract involves no related party transactions and adheres to standard governance norms.
- Panasonic Energy India Company Ltd
Panasonic Energy India Co. Ltd. has received a tax order from the Assistant Commissioner of Central GST and Central Excise, Vadodara, dated May 27, 2026. The authority has disallowed Input Tax Credit (ITC) amounting to ₹0.31 crore (₹31.07 lakh) and imposed a penalty of ₹0.033 crore (₹3.30 lakh). Additionally, a late fee of ₹150 for GSTR-1 filing was demanded. This regulatory development represents an unbudgeted tax liability. Shareholders should track any further updates regarding the company’s response, including potential appeals or compliance actions.
- State Trading Corporation of India Ltd
STC India fined ₹12.06 Lakhs by NSE for non-compliance with independent director norms for the quarter ending Sep 30, 2025.
- Justo Realfintech Ltd
Justo Realfintech received a ₹2 lakh penalty from ROC Mumbai for violating Section 42(10) of the Companies Act, 2013, concerning private placement funds.
- Balmer Lawrie & Company Ltd
Balmer Lawrie fined ₹10.9L by BSE/NSE for Q2 FY26 listing non-compliance.
- HDFC Bank Ltd
RBI imposes a penalty on HDFC Bank for non-compliance.
- Balmer Lawrie Investments Ltd
Balmer Lawrie Investments was fined ₹9.88 Lakhs by BSE for Q2 FY26 listing regulation non-compliance, citing board composition issues. The company seeks a waiver due to factors beyond its control. Q2 FY26 consolidated PAT declined 9.4% YoY, while H1 FY26 PAT was down 0.9%.
- Rajasthan Tube Manufacturing Company Ltd
Rajasthan Tube Manufacturing received an appeal order from CGST Jaipur, overturning original penalties for alleged fake invoices and ITC fraud.
- Coal India Ltd
Coal India fined Rs 5.43 lakh by BSE for SEBI LODR non-compliance regarding board appointments; company seeks waiver.
- IRCON International Ltd
IRCON International fined Rs 9.77 lakh each by NSE and BSE for board composition non-compliance for Q2 FY26, with clarification on government control over appointments.
- Dev Information Technology Ltd
Dev Information Technology Limited reported standalone FY26 revenue of ₹161.98 crore and a profit of ₹74.24 crore, bolstered by a one-time exceptional gain of ₹92.36 crore related to the reclassification of Dev Accelerator Limited. On a consolidated basis, revenue stood at ₹189.50 crore with a profit of ₹75.60 crore. The board recommended a final dividend of ₹0.10 per share. The company also announced the divestment of a 25% stake in its subsidiary, Dhyey Consulting Services Private Limited, for ₹4.60 crore. Shareholders should note that the significant jump in net profit is primarily driven by non-recurring accounting gains rather than operational performance alone.
- Malpani Pipes And Fittings Ltd
Malpani Pipes And Fittings Limited reported its audited financial results for the year ended March 31, 2026. The company saw revenue from operations grow to ₹163.03 crore (₹16,303.32 lakh) from ₹140.97 crore (₹14,096.73 lakh) in the previous year. Profit for the period increased to ₹9.03 crore (₹902.91 lakh) from ₹8.07 crore (₹806.95 lakh). The company also significantly reduced its total borrowings to ₹22.18 crore (₹2,218.45 lakh) from ₹29.79 crore (₹2,979.04 lakh). Furthermore, the board approved the 100% acquisition of Terex Industries Private Limited for ₹3.96 crore (₹395.70 lakh), aiming to strengthen its polymer and piping business.
- Pet Plastics Ltd
Bharatam Ventures Limited reported audited financial results for the quarter and year ended March 31, 2026, showing a transition to net losses. Standalone revenue for the year stood at ₹23.72 crore (₹2,371.98 lakh) with a net loss of ₹13.97 crore (₹1,396.99 lakh). Concurrently, the Board approved the strategic acquisition of a 99.9987% stake in Penganga Sakhar Karkhana Private Limited for ₹1.80 crore (₹179.9976 lakh) to expand into the sugar and agro-processing sector. The company also announced the appointment of a new Non-Executive Director and an Internal Auditor, signaling significant changes in strategy and leadership.
- Capitalnumbers Infotech Ltd
CapitalNumbers Infotech Limited has announced the acquisition of 100% ownership in US-based Epitome Cloud Inc. and its Indian subsidiary for a cash consideration of approximately ₹40 crore. The acquisition aligns with the company’s IPO growth objectives, aiming to strengthen its Salesforce-led digital transformation capabilities and expand its US market footprint. Epitome Cloud specializes in enterprise platform services with expertise in Salesforce, Conga, and Agiloft ecosystems. The target reported a standalone turnover of $2,867,087 in CY 2025, compared to $4,116,898 in CY 2024. The transaction is expected to close within 8 to 12 weeks.
- Ruchi Infrastructure Ltd
The Board of Directors of Ruchi Infrastructure Ltd has approved a Composite Scheme of Amalgamation involving Lennox Investment Private Limited and Multiacre Investment Services Private Limited. This strategic restructuring aims to optimize resources, reduce overhanging obligations related to redeemable preference shares, and improve debt-equity ratios. The company plans to issue approximately 13.13 crore new equity shares, which will increase its paid-up equity share capital from ₹23.60 crore to approximately ₹36.73 crore post-execution. The merger is subject to requisite regulatory and stock exchange approvals and is intended to streamline the management structure and enhance operational flexibility for the combined entity.
- Relaxo Footwears Ltd
Relaxo Footwears has announced board approval for an investment of up to ₹2.50 crore to acquire a 26% equity stake in a special purpose vehicle (SPV). The SPV, to be incorporated by CleanMax Enviro Energy Solutions Limited, will develop and operate a captive solar power project. This project is designed to support the company’s manufacturing facilities across Haryana. The move aligns with the company’s focus on renewable energy adoption and long-term energy cost optimization. Investors should note this as a strategic initiative toward sustainability and operational efficiency.
- Swelect Energy Systems Ltd
SWELECT Energy Systems has announced the acquisition of 100% equity stake in USolar Assetco Four Private Limited for an amount not exceeding ₹3.30 crore. The target entity is a pre-operational company incorporated in June 2025, with a net worth of ₹0.10 crore and nil revenue. This acquisition is a strategic move to set up a solar power plant with a capacity of 26.6 MWp DC under a group captive scheme. The deal size is small, representing approximately 0.5% of the company's consolidated operational revenue for the year ended 31st March 2026, aimed at expanding renewable energy generation capabilities.
- Apar Industries Ltd
Apar Industries reported its highest-ever annual revenue and profit for FY26. Consolidated annual revenue grew 23.3% to ₹22,902.12 crore, with an annual PAT of ₹976.93 crore, up 19.0%. For Q4 FY26, revenue increased 26.7% YoY to ₹6,602.81 crore, while PAT grew 1.4% to ₹253.44 crore, impacted by one-off expenses. The Board recommended a final dividend of ₹60 per share. The company maintains a strong order book of ₹7,671 crore. Investors should monitor the impact of geopolitical challenges on the Speciality Oils segment, which faced volume pressure in March.
- Uravi Defence and Technology Ltd
Uravi Defence and Technology Limited reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company completed the divestment of its 50.01% shareholding in SKL India (Private) Limited, which is now classified as discontinued operations. Additionally, the company acquired a 20% equity stake in Spafax International Holding Limited. Investors should note that while standalone results received an un-modified opinion, the consolidated results received a modified audit opinion due to reliance on unaudited management accounts of the new associate entity, Spafax.
- Valencia Nutrition Ltd
Valencia Nutrition Ltd has released its audited standalone and consolidated financial results for the year ended March 31, 2026. The company reported standalone revenue of ₹6.64 crore (₹663.64 lakh) and a profit of ₹1.04 crore (₹103.72 lakh). Consolidated figures stood at ₹7.88 crore (₹787.83 lakh) in revenue and ₹1.09 crore (₹109.27 lakh) in profit. The Board also approved the appointment of M/s. SPDS & Associates LLP as the Internal Auditor for a three-year term. Additionally, the company confirmed that it has rectified a prior non-compliance issue and paid the associated penalty.
- Zodiac Clothing Company Ltd
Zodiac Clothing Company has released its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company remains in a loss-making position, reporting a consolidated annual net loss of ₹35.54 crore (₹3,554.01 lakh) on revenue of ₹161.51 crore (₹16,151.36 lakh). Key highlights include a preferential share allotment of ₹15 crore (₹1,500 lakh) earlier in the year to support business growth and improve the balance sheet. Auditors have provided an unmodified opinion on both standalone and consolidated financial results. The company notes there has been no deviation in the utilization of funds raised.
- Sanco Trans Ltd
Sanco Trans Limited has released its audited financial results for the year ended March 31, 2026, showing significant growth. The company reported revenue from operations of ₹139.04 crore (₹13,903.55 lakh) and a profit of ₹10.08 crore (₹1,008.19 lakh) for FY26, compared to ₹104.97 crore (₹10,496.66 lakh) and ₹1.49 crore (₹149.28 lakh) in the previous year. The Board has recommended a dividend of ₹4.50 per equity share. The statutory auditor has issued an unmodified opinion. The performance indicates robust operational expansion, though investors should note the impact of exceptional items on the reported profit.
- Golden Legand Leasing & finance Ltd
Golden Legand Leasing & Finance Ltd reported a turnaround to a net profit of ₹10.30 crore for FY 2026, compared to a net loss of ₹2.20 crore in the previous year. Revenue from operations increased significantly to ₹183.59 crore. However, the company faces severe governance and audit risks. The statutory auditors issued a qualified opinion, citing unverified agent commission expenses of ₹104.32 crore, suspicious transactions, and a bank account lien of ₹75.28 crore. These factors raise significant questions regarding internal controls and asset quality, overshadowing the reported profitability recovery.
- Raminfo Ltd
Raminfo Limited reported audited financial results for the year ended March 31, 2026. Standalone revenue was ₹41.34 crore (₹4,134.48 Lakh), with a net profit of ₹1.87 crore (₹186.61 Lakh). Consolidated revenue stood at ₹41.32 crore (₹4,132.08 Lakh) with a net profit of ₹1.78 crore (₹177.51 Lakh). The Board approved the disposal of 6,876.46 square feet of office space in Hyderabad for a consideration of ₹5.10 crore (₹510 Lakh) to reinvest in higher-yielding assets. Additionally, the company appointed a new Company Secretary. Auditors issued an unmodified opinion on the financial results.
- Dev Information Technology Ltd
Dev Information Technology Limited reported its standalone and consolidated financial results for the year ended March 31, 2026. The company posted a standalone revenue of ₹161.98 crore (₹16,197.93 lakh) and a consolidated revenue of ₹189.50 crore (₹18,950.06 lakh). Reported profits were significantly influenced by a one-time exceptional gain of ₹92.36 crore (standalone) and ₹93.55 crore (consolidated) due to the mark-to-market reclassification of 'Dev Accelerator Limited'. The Board has recommended a final dividend of 5% (₹0.10 per share). Additionally, the Board approved a 25% stake divestment in its subsidiary, Dhyey Consulting Services, for ₹4.60 crore.
- Magenta Lifecare Ltd
Magenta Lifecare Limited has announced its audited financial results for the year ended 31st March 2026. The company reported revenue from operations of ₹14.42 crore (₹1,442.36 lakh), an increase from ₹10.18 crore (₹1,018.35 lakh) in the previous year. Net profit also rose to ₹0.11 crore (₹11.35 lakh) from ₹0.08 crore (₹8.28 lakh). Additionally, the company achieved a turnaround in operating cash flow, reaching a positive ₹1.13 crore (₹113.06 lakh) compared to a negative ₹4.15 crore (₹-414.71 lakh) previously. The board also finalized the appointments of new secretarial and internal auditors for the upcoming financial year.
- Arman Financial Services Ltd
Arman Financial Services reported consolidated results for FY26, with Assets Under Management (AUM) growing by 21.5% year-on-year to ₹2,728 crore. The company achieved a Profit After Tax of ₹56.6 crore, an increase from ₹52.1 crore in the previous fiscal year. Consolidated Profit Before Tax stood at ₹77.4 crore, marking a 12% growth. Asset quality metrics reported a GNPA of 3.43% and NNPA of 0.93%. Management highlighted a strategic shift in the portfolio mix, aiming to increase the SME book share to 35% while reducing the MFI book share to approximately 60% over time.
- Tata Motors Passenger Vehicles Ltd
Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) has announced its participation in a fireside chat session at the 2026 BofA India Conference. The session is scheduled for June 2, 2026, between 10:00 a.m. and 11:00 a.m. (IST). This intimation is part of the company's standard investor outreach and compliance under SEBI disclosure regulations. Investors typically use such sessions to gain insight into management's perspective on company operations and broader market conditions, though no specific financial or operational guidance was disclosed in this notification.
- The Anup Engineering Ltd
The Anup Engineering Limited has disclosed the audio recording of its conference call held with analysts and investors on 28th May 2026. This call followed the announcement of the company's financial results for the quarter and year ended 31st March 2026. Investors can access the recording through the official company website. This filing serves as a routine regulatory disclosure, ensuring transparency regarding management's post-earnings communication with market participants and providing interested stakeholders with the opportunity to review the detailed discussion held during the event.
- Highway Infrastructure Ltd
Highway Infrastructure Limited has scheduled a post-results earnings conference call to discuss its audited financial results for the quarter and financial year ended 31st March 2026. The virtual interaction is set for Tuesday, 2nd June 2026, at 11:30 AM IST. Key management personnel, including the Managing Director, CEO, and CFO, will participate to address investor questions. This conference call serves as a platform for stakeholders to gain insights into the company's financial performance and management's strategy. Investors can access the call via universal or international dial-in numbers provided by the company.
- Borosil Ltd
Borosil Limited reported an 8% year-over-year revenue growth in FY26 to ₹1,195.9 crore, though profitability remained under pressure. Operating EBITDA for FY26 stood at ₹176.7 crore, essentially flat compared to ₹177.7 crore in FY25, while the EBITDA margin contracted to 15.1% from 16.3%. The company faced significant challenges in the Hydra segment due to BIS/QCO supply chain issues and margin pressure from higher input costs and intense competition. Despite these hurdles, management remains committed to 15-20% revenue growth in the medium term, supported by capacity expansion and ongoing cost-efficiency initiatives like new solar energy investments.
- Flair Writing Industries Ltd
Flair Writing Industries Limited reported consolidated revenue of ₹1,250.1 crore for FY '26, achieving its 15% growth guidance, with Q4 revenue at ₹322.9 crore. PAT for the year stood at ₹141.3 crore. Growth was driven by strong performance in Creative and Houseware segments, with own-brand sales rising to 91% of total revenue. Management maintains a 15% revenue growth guidance for FY '27, despite potential short-term margin headwinds from crude oil price inflation. The board approved a final dividend of ₹0.50 per share. Investors should track the impact of geopolitical issues on export markets and margin normalization.
- Strides Pharma Science Ltd
Strides Pharma Science Limited has announced a series of in-person, one-on-one Non-Deal Road Shows scheduled to take place across the United States from June 2, 2026, to June 5, 2026. The company will conduct meetings in New York, Chicago, Salt Lake City, and Los Angeles. These engagements focus on discussions regarding the company's Q4 FY26 earnings presentation, which was previously shared on May 18, 2026. This activity represents ongoing institutional investor outreach, allowing management to discuss recent performance directly with analysts and institutional investors.
- Cello World Ltd
Cello World Limited reported a 9% year-on-year revenue increase to Rs. 2,323.7 crore for FY26, despite softer demand in certain consumerware categories. EBITDA stood at Rs. 526.4 crore, with a PAT of Rs. 331.5 crore. The Board recommended a final dividend of Rs. 1.50 per share. Management highlighted strategic initiatives, including glassware capacity expansion and Wimplast integration, expected to contribute to FY27 performance. Q4FY26 revenue reached a record Rs. 653.6 crore, driven by Writing Instruments, exports, and premium product launches. Investors should monitor consumer discretionary demand and the impact of the ongoing Composite Scheme of Arrangement.
- Zydus Lifesciences Ltd
Zydus Lifesciences Limited has issued an addendum to its buyback public announcement, revising the offer terms. The company has increased the buyback price per equity share from INR 1,150 to INR 1,260. As a result, the maximum number of equity shares proposed to be bought back has been adjusted from 95,65,217 to 87,30,158 shares. This transaction represents up to 0.87% of the total paid-up share capital. The revision is part of the ongoing buyback process under the tender offer route, with management confirming these updates in the addendum published on May 28, 2026.
- Zydus Lifesciences Ltd
Zydus Lifesciences Ltd. has issued an addendum to its previously announced share buyback plan. The Buyback Committee has approved an increase in the buyback price from INR 1,150 to INR 1,260 per share, effective May 27, 2026. Consequently, the maximum number of shares proposed for buyback has been reduced from 95,65,217 to 87,30,158 equity shares, representing up to 0.87% of the total paid-up equity share capital. This adjustment recalibrates the buyback terms while maintaining the company's capital allocation strategy.
- Zydus Lifesciences Ltd
Zydus Lifesciences has announced a buyback of equity shares at INR 1,150 per share.
- Zydus Lifesciences Ltd
Zydus Lifesciences' board approved a share buyback of up to 95.65 lakh shares at ₹1,150 each, for a total value up to ₹1,100 crore.
- Zydus Lifesciences Ltd
Promoters of Zydus Lifesciences intend to participate in the company's upcoming share buyback program.
- Zydus Lifesciences Ltd
Zydus Lifesciences approved buyback of ~95.65 lakh shares at ₹1,150 each, for up to ₹1,100 crore.
- Dhanuka Agritech Ltd
Dhanuka Agritech approves buyback of up to ₹70 crore, recommends 100% final dividend, declares FY26 results with revenue ₹2,01,978.96 lakh (₹2019.79 cr), and plans global subsidiaries.
- Welspun Living Ltd
Welspun Living approved a ₹252 Cr buyback and acquired CDPL for ₹7.6 Cr.
- Ras Resorts & Apart Hotels Ltd
Ras Resorts and Apart Hotels is subject to a delisting offer by promoters to acquire up to 9,21,582 equity shares. The shares have a face value of ₹10.00.
- KEI Industries Ltd
KEI Industries announced Q3 FY26 results: PAT up 42.5% YoY. Declared ₹4.50 interim dividend. Approved voluntary delisting from CSE.
- Tulive Developers Ltd
Tulive Developers' promoters propose voluntary delisting from BSE, setting a floor price of ₹719.30 and indicative offer price of ₹750.
- Jagran Prakashan Ltd
Jagran Prakashan Ltd has announced an interim dividend of ₹10 per equity share for the financial year 2025-26. Approved by the Board of Directors on May 28, 2026, this payout represents 500% of the company's face value of ₹2 per share. The company has fixed Friday, June 5, 2026, as the record date to determine shareholder eligibility for the dividend. Investors holding the company's shares on or before this date will be entitled to receive the declared dividend. This corporate action provides a direct cash return to shareholders for the current financial year.
- Jagran Prakashan Ltd
Jagran Prakashan Limited has declared an interim dividend of 500% for the financial year 2025-26 on equity shares with a face value of ₹2 each. The company has fixed Friday, June 5, 2026, as the record date for determining shareholder entitlement. Investors should note that the official filing contains a contradictory statement regarding the dividend amount, mentioning both 'Rs. 10/-' and '(Rupees Nine only)' per share. Shareholders are advised to monitor official communications for clarification on this documentation discrepancy.
- Mallcom (India) Ltd
Mallcom (India) Ltd has released its audited financial results for the financial year ended March 31, 2026. The board has also recommended a final dividend of ₹3 per share. While the company reported higher revenue on both a standalone and consolidated basis for FY26, net profit declined significantly compared to the previous year. A crucial highlight is the inclusion of a one-time capital gain of ₹25.40 crore from the sale of factory premises, which impacts the comparability of financial results. Investors should track core operational performance excluding this one-time item.
- Avanti Feeds Ltd
Avanti Feeds reported consolidated annual revenue of ₹6,276.46 crore (₹6,27,646.33 lakh) for FY 2025-26, compared to ₹5,764.17 crore (₹5,76,416.92 lakh) in the previous year. Net profit increased to ₹656.80 crore (₹65,680.22 lakh) from ₹557.05 crore (₹55,705.23 lakh). The company recommended a final dividend of ₹10 per equity share. The Board approved leadership changes, elevating Mrs. B. Santhi Latha as CFO effective June 1, 2026. An exceptional impairment loss of ₹12.97 crore (₹1,297.08 lakh) was recognized due to asset damage at the Patikari Power plant following a cloudburst.
- H.G. Infra Engineering Ltd
H.G. Infra Engineering Limited announced its audited financial results for the fiscal year ended March 31, 2026. On a consolidated basis, revenue increased to ₹ 5,234.67 crore compared to ₹ 5,056.18 crore in the previous year, while consolidated profit after tax decreased to ₹ 329.81 crore from ₹ 505.40 crore. The board recommended a final dividend of ₹ 2 per equity share. The company also announced leadership changes, appointing a new CFO and CHRO. Auditors issued an unmodified opinion, noting ongoing regulatory search proceedings, which management stated has no financial impact on these results.
- Dev Information Technology Ltd
Dev Information Technology announced its standalone and consolidated financial results for the year ended March 31, 2026. The board recommended a final dividend of ₹0.10 per share. The company reported significant financial activities, including the divestment of a 25% stake in Dhyey Consulting Services for ₹4.60 crore and the sale of product lines 'ByteSIGNER' and 'Talligence' for ₹11.85 crore. Annual profits include a substantial one-time exceptional gain from the reclassification of an associate, which investors should distinguish from core operational performance. The audit report for the period remains unmodified.
- H.G. Infra Engineering Ltd
H.G. Infra Engineering Limited announced its audited standalone and consolidated financial results for the year ended March 31, 2026. The board recommended a final dividend of Rs. 2.00 per share. Standalone revenue for the year stood at ₹5,666.68 crore, while consolidated revenue was ₹5,234.67 crore. The company also announced leadership changes, appointing a new CFO and CHRO. Investors should note the ongoing CBI and Anti-Corruption Bureau investigation involving the CMD and employees; the company claims it has no impact on current operations or financial results. The financial results received an unmodified audit opinion.
- Amines & Plasticizers Ltd
Amines & Plasticizers Limited reported its audited financial results for the quarter and year ended March 31, 2026. For the quarter, the company recorded a standalone revenue of ₹155.10 crore (₹15,509.66 lakh) and a profit of ₹15.36 crore (₹1,536.43 lakh). For the full financial year, standalone revenue stood at ₹570.66 crore (₹57,065.51 lakh) with a profit of ₹36.48 crore (₹3,647.99 lakh). The Board recommended a final dividend of ₹0.50 per equity share (25% of face value). The statutory auditors issued an unmodified opinion on both standalone and consolidated results, providing a positive governance signal.
- Network People Services Technologies Ltd
Network People Services Technologies Limited (NPST) has approved the allotment of 12,850 equity shares following the exercise of stock options under its ESOP 2023 plan. These shares were issued at an exercise price of ₹10 per share. This allotment is part of the fourth tranche of the scheme, which covers a total of 150,000 equity shares. The newly allotted shares are subject to a six-month lock-in period, expiring on November 27, 2026. This move aligns with the company's employee incentive strategy, with a cumulative 31,000 options exercised to date under the scheme.
- Axita Cotton Ltd
Axita Cotton Limited has allotted 178,200 equity shares to eligible employees following the exercise of stock options under the 'Axita Employee Stock Option Plan-2023'. This corporate action results in a marginal increase in the company's paid-up share capital from 382,495,333 shares to 382,673,533 shares. The company is currently in the process of finalizing the necessary listing and trading approvals for these newly issued shares. This allotment is a routine administrative process and represents standard employee incentive activity.
- UNO Minda Ltd
Uno Minda Limited has announced the allotment of 10,400 equity shares to employees under its Employee Stock Option Scheme (ESOP) 2019. The shares were allotted at an exercise price of Rs 525 per share, which includes a premium of Rs 523 per share. This issuance marginally increases the company's paid-up equity share capital to ₹115.49 crore. The company has clarified that this specific allotment is not material in nature. This update represents a routine corporate action regarding employee compensation and equity distribution, with minimal impact on the overall shareholding structure.
- JMJ Fintech Ltd
JMJ Fintech Limited has received listing approval from BSE Limited for the conversion of 8,61,137 equity shares from partly paid-up (₹3/-) to fully paid-up (₹10/-) status. The approval, dated May 26, 2026, marks a procedural milestone in the company’s Rights Issue process. The shares will be available for trading once the company completes the necessary formalities with the depositories and the stock exchange. This update signifies the successful standardization of these shares as fully paid-up equity, concluding the capital restructuring for this portion of the equity base.
- Clean Max Enviro Energy Solutions Ltd
Clean Max Enviro Energy Solutions Limited has approved the allotment of 3,240 equity shares to eligible employees under its Employee Stock Option Scheme (ESOS) 2015. This allotment includes 1,620 shares issued upon the exercise of vested options at an exercise price of INR 1, along with 1,620 bonus shares issued in a 1:1 ratio. Following this corporate action, the company's paid-up share capital increased from INR 11,70,83,974 to INR 11,70,87,214. Management has confirmed that the resulting share issuance has a negligible impact on the company's earnings per share (EPS).
- Ashika Credit Capital Ltd
Ashika Credit Capital Limited has completed the Composite Scheme of Amalgamation following the NCLT order dated 8th May 2026. The company allotted 4,03,52,586 new equity shares to eligible shareholders of Ashika Global Securities Pvt Ltd at an exchange ratio of 6726:10000. Concurrently, 11,351,990 existing shares held by amalgamating entities were cancelled. The paid-up equity share capital has increased from ₹44.72 crore (₹4,472.50 lakh) to ₹73.73 crore (₹7,372.56 lakh). Post-restructuring, the total promoter and promoter group shareholding in the company stands at 74.52%. These new shares will rank pari passu with existing shares.
- Ashok Leyland Ltd
Ashok Leyland has received in-principle approval from its Board of Directors to issue Non-Convertible Debentures (NCDs) on a private placement basis for an aggregate amount of up to ₹300 crore. The Board has authorized the Fund-Raising Committee to finalize the specific terms and conditions of this issuance. This corporate action represents a strategic move to raise capital through debt markets to support operational or liquidity requirements. Investors should monitor future disclosures regarding the specific terms, such as interest rates and tenure, as this is a standard financing activity.
- Apar Industries Ltd
Apar Industries announced its audited financial results for the year ended March 31, 2026, reporting record annual consolidated revenue of ₹22,902.12 crore, a 23.3% increase year-on-year. The consolidated profit after tax (PAT) rose 19.0% to ₹976.93 crore. Driven by strong performance, the Board recommended a final dividend of Rs 60 per share. The company maintains a healthy consolidated pending order book of ₹7,671 crore. While quarterly performance saw minor one-off impacts, management remains optimistic about long-term structural demand. The company also announced strategic investments and auditor appointments to strengthen governance, highlighting overall operational resilience.
- Coal India Ltd
The Ministry of Coal, acting for the President of India, has officially exercised the oversubscription option for the Offer for Sale (OFS) of Coal India Ltd. This decision increases the total offer size to 123,254,566 equity shares, representing 2% of the company's total paid-up equity share capital, up from the initial 1% base offer. Retail investors can participate on T+1 day, May 29, 2026, with 12,325,458 shares allocated for this category. Additionally, 25,000 shares are reserved for eligible employees. This action directly increases the supply of shares in the secondary market through the promoter's divestment mechanism.
- Coal India Ltd
The President of India, acting through the Ministry of Coal, has announced an Offer for Sale (OFS) in Coal India Ltd. The promoter proposes to sell up to 61,627,283 equity shares (1% stake), with an option to sell an additional 61,627,283 shares (1% stake) via an oversubscription option, totaling up to 123,254,566 shares (2% stake). The floor price for the offer is set at ₹412 per share. The bidding for non-retail investors is scheduled for May 27, 2026, while retail investors and employees can bid on May 29, 2026. This divestment represents a significant equity supply event.
- Central Bank of India
Government of India, promoter of Central Bank of India, has increased its offer for sale to 8% of the bank's total paid-up equity share capital.
- Central Bank of India
The President of India will sell up to 36,20,56,051 shares of Central Bank of India, representing 4% of its equity.
- String Metaverse Ltd
String Metaverse promoters will sell 3.27% stake (38.10 lakh shares) via OFS, April 21-22, 2026, at ₹66 floor price.
- HMA Agro Industries Ltd
Promoters of HMA Agro Industries plan to sell up to 3.31 crore shares (approx. 6.63% stake) via OFS on April 9-10, 2026, with a floor price of Rs. 18 per share.
- East India Drums and Barrels Manufacturing Ltd
East India Drums & Barrels Mfg Ltd. accepted 1601 shares in its Non-Retail OFS, with further retail bidding on March 18, 2026.
- Andhra Cements Ltd
Sagar Cements will sell up to 7.24% stake in Andhra Cements on March 17-18, 2026, via an Offer for Sale.
- Golden Legand Leasing & finance Ltd
Golden Legand Leasing & Finance reported a financial turnaround for FY 2025-26, with revenue rising to ₹183.59 crore (₹18,358.82 lakh) from ₹9.34 crore (₹934.38 lakh) and net profit of ₹10.30 crore (₹1,029.75 lakh) compared to a prior loss of ₹2.20 crore (₹219.95 lakh). However, the statutory auditor issued a modified opinion, citing serious governance concerns, including suspicious merchant transactions with ₹75.28 crore (₹7,528.18 lakh) under lien and ₹104.32 crore (₹10,432.21 lakh) in unsubstantiated agent commission expenses. Additionally, the Board approved increasing borrowing limits to ₹500 crore and announced changes in management, internal audit, and committee structures.
- Tolins Tyres Ltd
Tolins Tyres Limited has announced the appointment of new Internal and Cost Auditors for the financial year 2026-27 following its board meeting on May 28, 2026. The company appointed M/s. Joseph Cyriac & Company as Internal Auditors and M/s. BBS & Associates as Cost Auditors. This filing is a routine corporate governance measure to ensure regulatory compliance for the upcoming financial year. The board meeting, which approved these appointments, concluded at 07:00 P.M. IST. As this is a standard administrative update, it has no immediate impact on the company's business strategy or financial performance.
- Diligent Media Corporation Ltd
Diligent Media Corporation Limited reported an audited net loss of ₹8.88 crore (₹887.54 lakh) for the financial year ended March 31, 2026, compared to a profit in the previous year. The company reported a negative net worth of ₹252.60 crore (₹25,259.50 lakh). The auditor issued a qualified opinion due to uncertainties regarding arbitration involving inter-corporate deposits. Management remains confident in business continuity, focusing on revenue growth and cost rationalization. Additionally, the company is contesting a GST demand of ₹68.56 crore (₹6,856.37 lakh) and appointed Mr. Priyadarshan Garg as the new CEO, effective June 1, 2026.
- Mitsu Chem Plast Ltd
Mitsu Chem Plast Ltd. has announced key changes to its Board of Directors effective May 28, 2026. Mr. Ajit Eledath Venugopalan has been appointed as an Independent Director for a five-year term. Additionally, Mr. Hasmukh Bhavanji Dedhia has been re-appointed as an Independent Director for a second five-year term, effective June 1, 2026. Conversely, Mr. Dilip Khushalchand Gosar will retire as an Independent Director effective June 12, 2026, upon the completion of his second term. These appointments are subject to shareholder approval at the ensuing general meeting. This rotation and strengthening of the board's independent bench is a routine corporate governance update.
- Powerica Ltd
Powerica Limited reported robust financial growth for the year ended March 31, 2026. Consolidated revenue grew to ₹3,011.52 crore, while profit after tax attributable to owners rose to ₹267.27 crore compared to the previous year. On a standalone basis, revenue stood at ₹2,594.09 crore with a profit of ₹201.63 crore. The company also announced the incorporation of two wholly-owned subsidiaries, 'Whisperwind Renewable Private Limited' and 'Windfusion Renewable Private Limited', to expand into renewable energy projects. Additionally, the company confirmed that net IPO proceeds of ₹661.51 crore remain unutilized as of March 31, 2026, for planned debt repayment and general corporate purposes.
- Crane Infrastructure Ltd
Crane Infrastructure Limited reported revenue of ₹0.353 crore (₹35.30 lakh) and a net profit of ₹0.1195 crore (₹11.95 lakh) for the financial year ended March 31, 2026. Both revenue and net profit show a decline compared to the previous financial year, where revenue was ₹1.3712 crore (₹137.12 lakh) and net profit was ₹0.6636 crore (₹66.36 lakh). Conversely, the company improved its net cash flow from operating activities, reaching ₹0.5709 crore (₹57.09 lakh) for the year. The company confirmed there were no defaults on debt securities and the auditor provided an unmodified opinion.
- Imec Services Ltd
IMEC Services Limited has formally notified the stock exchange regarding updated contact details for the Key Managerial Personnel (KMP) authorized to determine the materiality of events and information under Regulation 30(5) of SEBI (LODR) Regulations, 2015. The authorized KMP are Mr. Abhishek Saxena (Chief Financial Officer) and Mr. Harsh Saxena (Company Secretary & Compliance Officer). Stakeholders should take note of the new official contact address, phone numbers, and email for future correspondence and regulatory queries. This update ensures compliance with governance and disclosure standards and carries no impact on business operations.
- Bazel International Ltd
Bazel International Limited announced its audited standalone and consolidated financial results for the year ended 31st March 2026. Standalone revenue reached ₹4.3989 crore (₹439.89 lakh) with a net profit of ₹1.0126 crore (₹101.26 lakh). The company also approved the conversion of an inter-corporate loan into an 18.62% equity stake in Sagar Portfolio Services Limited, a strategic move to safeguard financial exposure without new cash infusion. Auditors issued an unmodified opinion but noted an emphasis of matter regarding the non-receipt of interest income on certain advances, which management expects to recover in FY 2026-27.
- Kesar Enterprises Ltd-$
Kesar Enterprises Limited disclosed a petition filed by IFCI Limited under the Insolvency and Bankruptcy Code, 2016.
- Punj Lloyd Ltd
Punj Lloyd has scheduled a Board of Directors meeting for June 1st, 2026. The meeting will focus on considering and approving the standalone and consolidated audited financial statements for the financial year ended March 31, 2026. Additionally, the board will review audited financial statements for earlier years from the period when the company was undergoing liquidation. This move reflects the company's efforts to finalize its financial reporting and address backlogs following its insolvency proceedings. The trading window for the company's securities remains closed as per the previous disclosure on March 27th, 2026.
- Punj Lloyd Ltd
Punj Lloyd Ltd will hold a stakeholder meeting on May 7, 2026, to discuss extending the company's liquidation period.
- Value Industries Ltd
Value Industries Limited has notified the upcoming 60th Committee of Creditors meeting scheduled for April 17, 2026, as part of its ongoing corporate insolvency resolution process.
- Punj Lloyd Ltd
Punj Lloyd agrees to sell 100% of Spectra Punj Lloyd to Diversified India Growth Fund via SPA dated March 31, 2026.
- Punj Lloyd Ltd
Punj Lloyd Limited agreed to sell 84.6% of its aviation subsidiary for INR 0.0019 per share.
- Punj Lloyd Ltd
Punj Lloyd to sell 100% stake in Punj Lloyd Industries to Diversified India Growth Fund for INR 1.73/share.
- Punj Lloyd Ltd
Punj Lloyd is selling 99.98% of Indtech Global Systems to Diversified India Growth Fund. The deal, signed March 31, 2026, is expected to complete the same day. Indtech's FY24-25 revenue was INR 4,93,000.
- Punj Lloyd Ltd
Punj Lloyd Limited is selling 99.99% of its stake in Atna Investments Limited to Diversified India Growth Fund, with the deal expected to complete on March 31, 2026.
- Triveni Engineering & Industries Ltd
Triveni Engineering & Industries Ltd. has received a credit rating update from ICRA. The rating agency has reaffirmed the [ICRA]AA+ rating for long-term fund-based facilities and [ICRA]A1+ for short-term facilities and commercial paper. Significantly, the company's long-term ratings have been removed from 'rating watch with developing implications' and assigned a 'Stable' outlook. This update resolves previous uncertainties regarding the company's credit standing, signaling improved stability for its debt facilities. For investors, this development represents a positive signal regarding the company's credit risk profile and financial management.
- Ideaforge Technology Ltd
ideaForge Technology Limited announced that CRISIL Ratings has reaffirmed its corporate credit rating at 'CRISIL BBB' and revised the outlook from 'Negative' to 'Stable'. This revision indicates a stabilization in the company's credit risk profile, as noted by the rating agency. A 'BBB' rating suggests a moderate degree of safety regarding the timely servicing of debt obligations. The intimation was provided in accordance with SEBI listing regulations. This is a positive development for stakeholders as it signals improved confidence from the credit rating agency regarding the company's financial standing.
- Mahanagar Telephone Nigam Ltd
CRISIL Ratings has reaffirmed the 'CRISIL AAA (CE)' rating on MTNL’s bonds and NCDs, while maintaining the 'Watch Negative' outlook. The rating remains supported by the unconditional and irrevocable guarantee from the Government of India, which offsets the company's weak standalone financial profile, including a loss of ₹3,107 crore in 2026. The 'Watch Negative' status persists due to past payment delays in the structured payment mechanism. While operations are now managed by BSNL, MTNL faces severe liquidity challenges, underscored by its loan account with Bank of India slipping into the NPA category in September 2024.
- HEG Ltd
India Ratings and Research (Ind-Ra) has maintained the credit ratings for HEG Limited’s long-term issuer rating, bank facilities, and commercial paper programme on 'Rating Watch with Developing Implications'. This action indicates that the rating agency continues to monitor specific uncertainties that could lead to a change in the rating, either upward or downward, once resolved. The bank loan facilities under watch total ₹1,500 crore (15,000 million INR), while the commercial paper programme is sized at ₹100 crore (1,000 million INR). This update signifies no immediate change to the credit status, as the ongoing review is being continued.
- Dreamfolks Services Ltd
Dreamfolks Services has voluntarily withdrawn its CRISIL ratings for bank facilities totaling ₹145 crore. The withdrawal request followed a recent credit rating downgrade, where long-term ratings were lowered to 'Crisil BB+/Watch Developing' from 'Crisil BBB-/Stable' and short-term ratings to 'Crisil A4+/Watch Developing' from 'Crisil A3'. Management stated the decision reflects the company's adequate internal accruals and liquidity to manage business operations, alongside ongoing discussions to rationalize working capital limits. For investors, this withdrawal immediately follows a material negative rating action, marking a significant change in the company's financial disclosure governance.
- Deepak Fertilisers & Petrochemicals Corporation Ltd
CRISIL has reaffirmed the long-term rating of 'CRISIL AA-/Positive' and short-term rating of 'CRISIL A1+' for Deepak Fertilisers and Petrochemicals Corporation Ltd. The reaffirmation reflects an assessment of the company's financial and operational performance. In 9M FY26, the company reported revenue of ₹8,495 crore, up from ₹7,607 crore in 9M FY25, while EBITDA moderated to ₹1,330 crore from ₹1,445 crore due to input cost pressures. Net debt is expected to reach ₹4,800-5,200 crore by the end of FY26, driven by ongoing capacity expansion projects, with leverage anticipated to moderate in FY27 as these projects scale.
- Transport Corporation of India Ltd
Transport Corporation of India Limited (TCI) has announced that CRISIL Ratings Limited has reaffirmed its credit ratings for the company's bank facilities. The long-term rating is maintained at 'CRISIL AA/Stable,' while the short-term rating remains 'CRISIL A1+.' The total bank loan facilities rated by the agency amount to ₹600 crore. This reaffirmation indicates the company's continued stable credit profile and liquidity position. The filing was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Investors should view this as a routine maintenance of the company's existing credit standing, confirming no change in its credit risk profile.
- Vedanta Ltd
Vedanta Limited, along with its subsidiaries Vedanta Aluminium Metal Limited and Talwandi Sabo Power Limited, has received credit rating upgrades from ICRA. Vedanta Limited’s long-term rating was upgraded to ICRA AA+ with a stable outlook, while its short-term rating was reaffirmed. The ratings for all three entities were removed from 'Watch with Developing Implications'. ICRA noted material improvements in credit profiles, capital structure, liquidity, and debt coverage, supported by favorable price-cost movements. These upgrades signal stronger financial health and reduced refinancing risks across the group, with further performance improvements expected in FY 2026-27.
- Golden Legand Leasing & finance Ltd
Golden Legand Leasing & Finance reported a standalone net profit of ₹2.64 crore (₹263.71 lakh) for the quarter ended March 31, 2026, marking a turnaround from a loss in the previous year. The company posted a full-year profit of ₹10.30 crore (₹1,029.75 lakh). However, the results include a 'Qualified Opinion' from statutory auditors, highlighting severe governance concerns including suspicious transactions totaling ₹75.28 crore (₹7,528.18 lakh) and unverified agent commission expenses of ₹104.32 crore (₹10,432.21 lakh). Investors should exercise caution regarding these material audit qualifications.
- H.G. Infra Engineering Ltd
H.G. Infra Engineering Ltd has released its audited financial results for the year ended March 31, 2026. The company reported a standalone revenue from operations of ₹5,666.68 crore and a net profit of ₹389.14 crore. Consolidated revenue stood at ₹5,234.67 crore with a net profit of ₹329.81 crore. The board recommended a final dividend of ₹2 per equity share. Additionally, the company announced major leadership changes, including a new CFO and CHRO. The filing also disclosed ongoing legal search proceedings by the CBI and ACB involving the CMD and company employees, though management stated operations remain unaffected.
- Indergiri Finance Ltd
Indergiri Finance Limited reported a standalone net profit of ₹0.1685 crore (₹16.85 lakh) for the quarter ended March 31, 2026, marking a turnaround from the loss reported in the same quarter last year. Despite the quarterly profit, the company recorded a full-year net loss of ₹-1.3775 crore (₹-137.75 lakh). A critical watch point is the Statutory Auditor’s "Material Uncertainty Related to Going Concern" note, citing the company’s failure to meet mandatory Net Owned Fund (NOF) requirements. The company also disclosed a default in NCD interest payments of ₹0.25 crore (₹25 lakh) and ongoing regulatory risks.
- Jagran Prakashan Ltd
Jagran Prakashan Limited reported a standalone profit of ₹237.41 crore for the year ended March 31, 2026, compared to ₹211.12 crore in the previous year. Consolidated profit increased significantly to ₹184.93 crore from ₹93.93 crore, despite flat revenue. The board approved an interim dividend of ₹10 per share, with a record date of June 5, 2026. Key watch points include ongoing NCLT litigation and boardroom conflict regarding director removal, currently under NCLAT abeyance. The company recorded impairment losses on specific assets during the period and maintained an unmodified auditor opinion.
- Diligent Media Corporation Ltd
Diligent Media Corporation has reported a consolidated net loss of ₹8.88 crore (₹887.54 lakh) for the year ended March 31, 2026, with a negative net worth of ₹252.60 crore (₹25,259.50 lakh). Statutory auditors have issued a qualified opinion, highlighting material uncertainty regarding the company's ability to continue as a going concern. Additionally, the company faces a significant GST demand of ₹68.56 crore (₹6,856.37 lakh) and a SEBI show cause notice. The Board has appointed Mr. Priyadarshan Garg as the new CEO effective June 1, 2026, and is pursuing a capital reduction scheme to address substantial liabilities.
- Sanchay Finvest Ltd
Sanchay Finvest reported a net loss of ₹0.4191 crore (₹41.91 lakh) for the quarter ended March 31, 2026, and a yearly loss of ₹1.4140 crore (₹141.40 lakh). The statutory auditor issued a 'Qualified Opinion', citing material gaps in internal controls and audit evidence. Notably, the company’s management declaration claimed an 'unmodified opinion', which directly contradicts the actual auditor's report. The company also faces regulatory penalties from the NSE and issues regarding preference share dividend payments and redemption. Investors should prioritize monitoring these governance, financial, and compliance risks.
- IFB Agro Industries Ltd
IFB Agro Industries reported robust financial growth for the year ended March 31, 2026. Standalone revenue rose to ₹1,911.57 crore (₹191,157 lakh) from ₹1,538.49 crore (₹153,849 lakh) in the previous year. Standalone net profit significantly increased to ₹60.90 crore (₹6,090 lakh) from ₹25.47 crore (₹2,547 lakh). The company also completed the strategic acquisition of a shrimp and fish feed business from Cargill India. Auditors issued an unmodified opinion. Investors should note that marine segment results are seasonal, which impacts quarter-on-quarter comparability.
- Vallabh Steels Ltd
Vallabh Steels reported a net loss of ₹1.17 crore (₹117.08 lakh) for the financial year ended March 31, 2026, slightly lower than the previous year's loss of ₹1.41 crore (₹141.43 lakh). The company recorded negligible revenue of ₹0.0003 crore (₹0.03 lakh). The independent auditor's report contains a qualified opinion, highlighting multiple significant concerns including non-provisioning for trade receivables, absence of inventory records, classification of accounts as Non-Performing Assets (NPA), and material uncertainty regarding the company's ability to continue as a going concern.































