STC India fined ₹12.06 Lakhs by NSE for non-compliance with independent director norms for the quarter ending Sep 30, 2025.

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 fined ₹10.9L by BSE/NSE for Q2 FY26 listing non-compliance.

RBI imposes a penalty on HDFC Bank for non-compliance.

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 received an appeal order from CGST Jaipur, overturning original penalties for alleged fake invoices and ITC fraud.

Coal India fined Rs 5.43 lakh by BSE for SEBI LODR non-compliance regarding board appointments; company seeks waiver.

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 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.

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 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.

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 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 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.

Nirmitee Robotics India Limited reported standalone financial results for the year ended 31st March 2026. Revenue from operations declined to ₹7.22 crore (₹722.26 lakh) from ₹8.92 crore (₹892.49 lakh) in FY25. Despite the lower revenue, the company achieved a higher net profit of ₹0.81 crore (₹80.84 lakh) compared to ₹0.77 crore (₹77.19 lakh) in the previous year, supported by a significant reduction in total expenses. Operating cash flow also turned positive at ₹1.42 crore (₹142.03 lakh). The audit report is unmodified and without qualification.

Yuvraaj Hygiene Products Limited reported its audited financial results for the fiscal year ended March 31, 2026. The company recorded revenue from operations of ₹38.74 crore (₹3,873.84 lakh), compared to ₹46.27 crore (₹4,626.50 lakh) in the previous year. Net profit declined to ₹3.31 crore (₹331.35 lakh) from ₹5.87 crore (₹586.62 lakh) recorded in FY25. While the company maintained a positive net worth, auditors highlighted a 'material uncertainty related to going concern' due to historical accumulated losses. Promoters have reaffirmed their commitment to extend financial support.

Robust Hotels Limited announced its financial results for the quarter and year ended March 31, 2026, reporting year-on-year revenue and profit growth. Revenue for FY26 rose to ₹148.27 crore (₹14,827.02 lakh) from ₹136.28 crore (₹13,628.04 lakh) in the previous year. Net profit after tax increased significantly to ₹24.70 crore (₹2,470.26 lakh) compared to ₹16.46 crore (₹16,45.90 lakh). The Board also approved the company’s right to exercise its buy option for the hotel property asset, Hyatt Regency, Mumbai. The statutory auditors issued an unmodified opinion on the financial results.

Tolins Tyres Limited announced its audited financial results for the quarter and year ended March 31, 2026. On a consolidated basis, the company reported annual revenue of ₹327.12 crore (3,271.19 million) and a net profit of ₹35.69 crore (356.85 million). The standalone annual revenue was ₹221.37 crore (2,213.74 million) with a profit of ₹15.04 crore (150.42 million). Management highlighted net profit margin compression due to input cost pressures and delayed receivables recovery, while inventory levels increased to support future growth. The auditor issued an unmodified opinion on the results.

IIRM Holdings India Ltd reported a strong consolidated performance for the year ended March 31, 2026, with total income rising to ₹253.72 crore (₹25,371.96 lakh) from ₹220.95 crore (₹22,095.28 lakh) in the previous year. Net profit also improved to ₹24.37 crore (₹2,436.69 lakh) compared to ₹21.63 crore (₹2,163.06 lakh) in the prior fiscal. Additionally, the company's subsidiary, India Insure Risk Management, approved the issuance of non-convertible debentures (NCDs) aggregating ₹65 crore. These results highlight year-over-year growth, though investors should continue to monitor working capital trends.

The South India Paper Mills Limited reported a net profit of ₹10.74 crore (₹1,074.11 lakh) for the financial year ended 31st March 2026, marking a significant turnaround from a net loss of ₹9.64 crore (₹964.07 lakh) in the previous financial year. Revenue from operations also grew, reaching ₹433.81 crore (₹43,381.21 lakh) in FY26 compared to ₹369.31 crore (₹36,931.47 lakh) in FY25. The company's financial statements received an unmodified auditor opinion. This performance reflects operational recovery, though investors should monitor sustained profitability and debt management in coming periods.

Ind-Swift Laboratories reported standalone annual revenue of ₹635.89 crore (₹63,588.85 lakh) and a net profit of ₹42.56 crore (₹4,255.68 lakh) for the financial year ended March 31, 2026. Consolidated revenue was ₹641.29 crore (₹64,129.31 lakh) with a net profit of ₹41.41 crore (₹4,141.53 lakh). The company received an unmodified audit opinion. Key corporate developments include the completion of the amalgamation with Ind Swift Limited and the partial conversion of warrants into equity. Investors should monitor the pending asset sale of Unit-IV, Baddi, which requires a final balance payment to complete the transfer.

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 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 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 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.

Gabriel India Limited has informed the stock exchanges that the audio recording of its Q4 FY 26 earnings conference call is now available. This recording, which features management’s discussion on the company’s operational and financial performance, has been uploaded to the official company website. Investors can access the audio file through the 'Investor Information – Audio Transcript' tab. This intimation is a routine procedural compliance update intended to provide stakeholders with continued access to the insights shared during the conference call.

Strides Pharma Science Limited has announced a series of non-deal roadshows scheduled across the United States from June 2, 2026, to June 5, 2026. The company will conduct in-person, one-on-one meetings with analysts and institutional investors in New York, Chicago, Salt Lake City, and Los Angeles. The discussions during these meetings will be based on the Q4 FY26 earnings presentation, which was previously uploaded to the stock exchanges on May 18, 2026. This announcement is a routine investor relations update and does not contain new material financial or operational information.

Tech Mahindra has provided an advance intimation regarding upcoming leadership interactions with analysts and institutional investors. The company is scheduled to attend the Morgan Stanley India Investment Forum on June 3, 2026, and the Citi India Conference on June 4, 2026. Both events will be physical meetings held in Mumbai. In its filing, the company emphasized that no unpublished price-sensitive information (UPSI) will be disclosed during these sessions, maintaining compliance with SEBI listing regulations. This intimation serves as a standard regulatory update on the company’s investor relations outreach schedule.

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. 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 has announced a buyback of equity shares at INR 1,150 per share.

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.

Promoters of Zydus Lifesciences intend to participate in the company's upcoming share buyback program.

Zydus Lifesciences approved buyback of ~95.65 lakh shares at ₹1,150 each, for up to ₹1,100 crore.

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.

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 announced Q3 FY26 results: PAT up 42.5% YoY. Declared ₹4.50 interim dividend. Approved voluntary delisting from CSE.

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 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 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 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 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.

Lumax Industries announced its audited financial results for the year ended March 31, 2026. The company reported consolidated revenue from operations of ₹4,184.16 crore (₹4,18,415.93 lakh) and a consolidated profit for the period of ₹172.47 crore (₹17,246.89 lakh), showing strong year-over-year growth. The Board of Directors recommended a final dividend of ₹55 per share for the financial year, an increase from ₹35 per share in the previous year. The financials include an exceptional item of ₹17.85 crore (₹1,784.67 lakh) due to Labour Code impact. Statutory auditors provided an unmodified opinion on the financial results.

Network People Services Technologies (NPST) released financial results for the year ended March 31, 2026. The company reported annual standalone revenue of ₹194.17 crore (₹19,417 lakh), up from ₹173.12 crore (₹17,312 lakh) in FY25. Annual standalone profit declined to ₹41.06 crore (₹4,106 lakh) from ₹45.20 crore (₹4,520 lakh) in the previous year. The Board of Directors declared a final dividend of ₹2 per share. Additionally, the company announced board changes, including the appointment of Mr. Vijay Kumar Singh as an Independent Director, and the re-appointment of its internal auditor.

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 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 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 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 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 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 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.

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.

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.

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.

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 promoters will sell 3.27% stake (38.10 lakh shares) via OFS, April 21-22, 2026, at ₹66 floor price.

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 & Barrels Mfg Ltd. accepted 1601 shares in its Non-Retail OFS, with further retail bidding on March 18, 2026.

Abhishek Infraventures Limited reported its audited financial results for the year ended March 31, 2026, disclosing zero revenue from operations on both a standalone and consolidated basis. The company's standalone net loss widened to ₹0.2356 crore (₹23.56 lakh) compared to ₹0.2041 crore (₹20.41 lakh) in the previous year. Similarly, the consolidated net loss increased to ₹0.2411 crore (₹24.11 lakh) from ₹0.2142 crore (₹21.42 lakh). The statutory auditors provided an unmodified opinion. The results indicate persistent financial stress, characterized by the continued absence of operational revenue.

Swarnsarita Jewels India Ltd has announced that Mr. Dhruvin Bharat Shah has ceased to be an Independent Director of the company following the completion of his term, effective from the end of the day on May 27, 2026. Consequent to this change, Mr. Shah has also ceased to be the Chairman of the company's Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee. The company is now required to appoint new chairpersons for these committees to maintain regulatory compliance. This is a routine governance update regarding board composition and does not indicate any operational or financial change.

Avanti Feeds reported consolidated revenue of ₹6,065.86 crore for the fiscal year ended March 31, 2026, compared to ₹5,598.69 crore in the previous year, with net profit rising to ₹606.06 crore. The Board recommended a final dividend of ₹10 per equity share. Key updates include a management succession plan with Mrs. B. Santhi Latha appointed as CFO, and the re-appointment of key leadership. The results include a one-time exceptional impairment loss of ₹12.97 crore and a ₹10.90 crore impact from new Labour Code provisions. The audit report remains unmodified, providing investors with reliable financials amid leadership continuity.

Ganga Papers India Ltd has announced the re-appointment of Mr. Vidya Shankar Dwivedi as the company's Internal Auditor for the Financial Year 2026-27. This decision was approved by the Board of Directors on May 28, 2026, in compliance with Section 138 of the Companies Act, 2013, and SEBI listing regulations. Mr. Dwivedi, currently serving as a General Manager, has been associated with the company since 2006 and brings over 46 years of corporate experience to the internal audit role. This routine governance update ensures continuity in the company's internal audit and compliance functions for the upcoming financial year.

Indogulf Cropsciences Limited announced its audited financial results for the quarter and year ended March 31, 2026. On a standalone basis, the company reported revenue of ₹135.50 crore and a profit of ₹12.10 crore for the quarter. For the full fiscal year, standalone revenue reached ₹675.51 crore with a profit of ₹38.61 crore. The board also approved the appointment of new Secretarial, Cost, and Internal auditors for the upcoming fiscal year. The auditor provided an unmodified opinion on the financial results, and the company continues to monitor regulatory updates regarding new Labour Codes.

Swadeshi Industries and Leasing Ltd has released its audited financial results for the quarter and year ended March 31, 2026, alongside the appointment of Mr. Dilip Jagdish Pendse as an Additional Independent Director. The company reported significant year-over-year revenue growth on a standalone basis, though consolidated figures reflect a recent acquisition of Swadeshi Agrotech Industries Pvt Ltd, which impacts comparability with previous periods. The statutory auditor has provided an unmodified opinion on the financial statements. This update is routine for regulatory compliance but provides critical information regarding the company's financial performance and board composition adjustments for shareholders.

Ganga Papers India Ltd has announced that CS Yash Mishra, the Company Secretary and Compliance Officer, has resigned from his position. He will be relieved from his duties effective from the close of business hours on June 10, 2026. The company stated the resignation is due to the outgoing officer's decision to pursue career opportunities outside the company. This is a routine administrative filing regarding a key managerial personnel change under SEBI regulations and does not impact the company's financial or operational performance.

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 will hold a stakeholder meeting on May 7, 2026, to discuss extending the company's liquidation period.

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 agrees to sell 100% of Spectra Punj Lloyd to Diversified India Growth Fund via SPA dated March 31, 2026.

Punj Lloyd Limited agreed to sell 84.6% of its aviation subsidiary for INR 0.0019 per share.

Punj Lloyd to sell 100% stake in Punj Lloyd Industries to Diversified India Growth Fund for INR 1.73/share.

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.

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 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.

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.

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 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.

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 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.

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 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 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.

Sanchay Finvest Ltd. reported a net loss of ₹-1.414 crore (₹-141.40 lakh) for the year ended March 31, 2026, compared to a loss of ₹-0.3195 crore (₹-31.95 lakh) in the previous year. For the year, revenue from operations was negative at ₹-0.0224 crore (₹-2.24 lakh). The statutory auditor issued a qualified opinion, highlighting significant issues including non-payment of preference dividends, outstanding regulatory penalties from the NSE, and inadequate internal financial reconciliation systems. Additionally, the company announced the resignation of its secretarial auditor and the appointment of a new internal auditor. These disclosures signal severe financial and operational stress.

Delta Corp announced a favorable Supreme Court order regarding GST show-cause notices for its gaming business. The company understands that the GST computation basis adopted since October 2023 will now apply retrospectively for the period from July 2017 to September 2023. This ruling effectively shifts the tax base from the 'gross bet value' of all games played to the amount received from players for chips sold. Management views this as a positive outcome that removes significant regulatory overhang, though they await the formal copy of the court order to confirm all details.

Dhruv Consultancy Services Limited reported a standalone net loss of ₹28.42 crore (₹2,842.12 lakh) for FY2026, shifting from a profit of ₹6.95 crore (₹695.03 lakh) in FY2025. Total standalone revenue declined significantly to ₹43.96 crore (₹4,395.60 lakh) compared to ₹103.52 crore (₹10,352.06 lakh) in the previous year. Management attributed the revenue decrease to a reassessment of cost estimates on project management contracts, resulting in a ₹25.53 crore (₹2,553 lakh) downward adjustment. The company maintains an unmodified auditor opinion, but investors should monitor ongoing legal litigation with the NHAI and the reported negative cash flow from operations.

Malpani Pipes and Fittings Limited reported its audited financial results for the year ended March 31, 2026. The company recorded revenue from operations of ₹163.03 crore (₹16,303.32 lakh) and a net profit of ₹9.03 crore (₹902.91 lakh). Additionally, the board approved the 100% acquisition of Terex Industries Private Limited for a cash consideration of ₹3.96 crore (₹395.70 lakh) to strengthen its polymer and piping business. The acquisition is expected to be completed by July 31, 2026, subject to regulatory approvals. The company continues to operate as a single segment.