Executive Summary
The May 20, 2026, batch of 50 MCA corporate governance filings reveals a market dominated by routine board meeting notices for Q4/FY26 results, masking significant underlying divergence.
While several companies like Lactose (India) and Control Print posted strong double-digit revenue growth, a worrying cluster of micro-cap and small-cap firms—including Welcast Steels, Ramgopal Polytex, and Jolly Plastic Industries—reported severe financial distress, with losses widening and operations ceasing. Capital allocation is a key theme, with multiple companies (Samvardhana Motherson, Grasim, Carysil) recommending or declaring dividends, signaling confidence, while distressed firms like Welcast and Jolly Plastic have suspended payouts entirely. Insider trading windows are universally closed, providing no actionable insider sentiment, but forward-looking statements reveal significant capital expenditure plans at IOL Chemicals (₹22.75 Cr) and a massive ₹250 Cr fundraise proposal at Borosil Scientific. The most critical development is the permanent plant closure at Welcast Steels, a material event with severe financial implications. Portfolio-level patterns show a clear bifurcation: established players are returning cash and investing in growth, while a subset of smaller entities is facing existential challenges, creating both risks and potential deep-value opportunities.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: Corporate governance
Tracking the trend? Catch up on the prior India Corporate Governance MCA ROC Filings digest from May 19, 2026.
Investment Signals (11)
- Lactose (India) Ltd. ↓ (BULLISH)▲
Revenue surged 40.3% YoY to ₹16,329 Lakhs, net profit grew 17.4% YoY, with a clean audit opinion. The pending merger with Vitanosh Ingredients is a key catalyst.
- Samvardhana Motherson International Ltd. (BULLISH)▲
Total dividend increased to ₹0.60/share (up 5.3% YoY from ₹0.57), backed by a massive revenue base of ₹92,911 Cr. The re-appointment of a new auditor (B S R & Co.) is a routine governance update.
- IOL Chemicals and Pharmaceuticals Ltd. (BULLISH)▲
Board approved ₹22.75 Cr in new capex (Triacetin plant & Pantoprazole expansion), fully funded by internal accruals, signaling strong management confidence in future growth.
- Control Print Ltd. (BULLISH)▲
Standalone revenue grew 15.7% YoY, with Q4 revenue up 21.9% YoY. However, net profit declined 32.9% YoY due to exceptional items, creating a mixed signal. The strong top-line momentum is a positive.
- Grasim Industries Ltd. (BULLISH)▲
Recommended a dividend of ₹10/share (500% on face value), a strong signal of cash flow generation and shareholder return policy from a large-cap conglomerate.
- Welcast Steels Ltd. ↓ (BEARISH)▲
Revenue collapsed 42% YoY, net loss widened to ₹530 Lakhs from a ₹34 Lakh loss, and the only plant was permanently closed. This is a severe business failure signal.
- Ramgopal Polytex Ltd. ↓ (BEARISH)▲
Net loss widened over 5x to ₹99 Lakhs, revenue declined 26.2% YoY, and accumulated losses deepened by 22.6%. The company is selling assets (shares in subsidiary) to raise cash.
- Jolly Plastic Industries Ltd. ↓ (BEARISH)▲
Q4 net loss of ₹27 Lakhs vs a profit of ₹22 Lakhs in Q4 FY25, a swing of ₹49 Lakhs. Cash reserves collapsed from ₹305 Lakhs to ₹15 Lakhs, indicating a severe liquidity crunch.
- ATV Projects India Ltd. ↓ (BEARISH)▲
Full-year revenue declined 4.1% YoY, net profit slipped 3.3% YoY, and finance costs surged 560% YoY, indicating rising financial leverage and operational stress.
- Borosil Scientific Ltd.▲
Board approved a proposal to raise up to ₹250 Cr via QIP/FCCBs, a significant equity dilution event. While it funds growth, it creates near-term overhang on the stock. [MIXED/BEARISH]
- Eris Lifesciences Ltd. (BULLISH)▲
Declared a hefty interim dividend of ₹7.21 per share (721%) for FY2026-27, a very strong signal of cash generation and management's confidence in future earnings.
Risk Flags (9)
- Welcast Steels/Plant Closure↓ [HIGH RISK]▼
Permanent shutdown of its only plant in Bengaluru on Dec 15, 2025, led to a 42% revenue drop and a massive net loss. Financial statements are on a non-going concern basis.
- Jolly Plastic Industries/Liquidity Crisis↓ [HIGH RISK]▼
Cash and cash equivalents plummeted 95% to ₹14.84 Lakh from ₹305.60 Lakh, driven by a massive ₹638 Lakh outflow for loans and advances. This is a red flag for solvency.
- Ramgopal Polytex/Widening Losses↓ [HIGH RISK]▼
Net loss increased 435% to ₹99.11 Lakh, with a provision of ₹77.16 Lakh for GST credits. Accumulated losses now stand at ₹391.91 Lakh, eroding shareholder equity.
- ATV Projects India/Soaring Finance Costs↓ [MEDIUM RISK]▼
Finance costs surged 560% YoY to ₹4.29 Lakh from ₹0.65 Lakh, indicating a sharp increase in debt or higher interest rates, a major risk for profitability.
- Control Print/Profit Decline↓ [MEDIUM RISK]▼
Despite 15.7% revenue growth, standalone net profit fell 32.9% YoY, and consolidated net profit dropped 56.4% YoY. This margin compression is a significant risk if it continues.
- Khadim India/Auditor Reappointment↓ [LOW RISK]▼
While routine, the reappointment of the same auditor (Ray & Ray) for a second 5-year term could be a governance concern if independence is questioned, though no issues are flagged.
- Borosil Scientific/Key Person Resignation↓ [LOW RISK]▼
The Company Secretary & Compliance Officer resigned effective May 20, 2026. While a replacement was named, such sudden departures can indicate internal issues.
- TCI Industries/Director Resignation↓ [MEDIUM RISK]▼
Whole-time Director Sunil K. Warerkar resigned effective June 30, 2026, for 'personal reasons'. The departure of a key executive is a risk to operational continuity.
- Samvardhana Motherson/Unaudited Subsidiary Losses↓ [MEDIUM RISK]▼
59 unaudited subsidiaries reported a net loss of ₹127 Cr for the year, indicating that parts of the group are underperforming and could drag on future consolidated results.
Opportunities (9)
- Lactose (India)/Merger Catalyst↓ (OPPORTUNITY)◆
The pending merger with Vitanosh Ingredients Private Limited, combined with 40% revenue growth and a clean audit, presents a significant value-unlocking opportunity if the merger is consummated.
- IOL Chemicals/Capex-Driven Growth↓ (OPPORTUNITY)◆
The ₹22.75 Cr investment in new capacity (Triacetin & Pantoprazole) funded by internal accruals signals a high-ROI growth phase. Investors should watch for execution and margin expansion.
- Control Print/Revenue Momentum↓ (OPPORTUNITY)◆
With Q4 standalone revenue up 21.9% YoY and 22.4% QoQ, the company has strong top-line momentum. If the profit decline is a one-off due to exceptional items, the stock could be undervalued.
- Samvardhana Motherson/Scale & Dividend Growth↓ (OPPORTUNITY)◆
A massive, diversified auto ancillary player with a 5.3% dividend increase and a clean audit. The scale (₹92,911 Cr revenue) provides a moat, and the dividend growth signals confidence.
- Grasim Industries/High Dividend Yield↓ (OPPORTUNITY)◆
A 500% dividend recommendation from a large-cap Aditya Birla Group company offers a potentially attractive yield for income-focused investors, backed by strong fundamentals.
- Eris Lifesciences/High Interim Dividend↓ (OPPORTUNITY)◆
A 721% interim dividend is a powerful signal of cash generation. Investors should analyze the payout ratio and sustainability, but it indicates strong free cash flow.
- Praj Industries/Green Energy Play↓ (OPPORTUNITY)◆
While the filing is a routine board meeting notice, Praj is a key player in the bio-energy and ethanol space. The upcoming results and dividend recommendation will be a key catalyst for the stock.
- Borosil Scientific/Fundraise for Growth↓ (OPPORTUNITY)◆
The proposed ₹250 Cr fundraise via QIP/FCCBs is dilutive but provides capital for aggressive expansion. If deployed effectively, it could lead to significant earnings growth.
- Aptech Ltd./Governance Clean-up (OPPORTUNITY)◆
The reclassification of a promoter group member to 'public' is a positive governance move that could improve minority shareholder confidence and reduce promoter overhang.
Sector Themes (6)
- Bifurcation in Small-Cap Health◆
A clear divergence is emerging between micro-cap companies. While some like Lactose (India) are growing rapidly, others like Welcast Steels, Ramgopal Polytex, and Jolly Plastic are in severe distress, highlighting the need for rigorous bottom-up analysis in this space.
- Dividend as a Signal of Confidence◆
7 companies (Samvardhana Motherson, Grasim, Carysil, Eris Lifesciences, Control Print, Aptech, IOL Chemicals) either declared or recommended dividends. This is a strong aggregate signal of management confidence in cash flows and future prospects, particularly from larger entities.
- Capital Expenditure Cycle Underway◆
IOL Chemicals (₹22.75 Cr) and Borosil Scientific (₹250 Cr fundraise) are investing aggressively. This suggests a capex cycle is starting in select industrial and chemical sub-sectors, which could drive future earnings growth.
- Rising Financial Distress in Textiles/Commodities◆
Companies like Ramgopal Polytex (textiles) and Welcast Steels (steel) are reporting severe financial distress, with plant closures and widening losses. This may indicate broader headwinds in commodity-linked or traditional manufacturing sectors.
- Auditor Changes as a Governance Check◆
Several companies (Samvardhana Motherson, Grasim, Khadim India) are undergoing routine auditor changes/reappointments. While standard, these events are a key governance checkpoint for investors to ensure independence and quality of audits.
- Trading Window Closure as a Universal Practice◆
All 50 filings mention the closure of the insider trading window. This is a standard SEBI compliance practice but provides no actionable insider sentiment data for this period, as no transactions are reported.
Watch List (8)
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The company's only plant is permanently closed. Watch for any announcements regarding asset sales, restructuring, or potential delisting. The non-going concern basis is a critical red flag.
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The pending merger with Vitanosh Ingredients is a key catalyst. Watch for regulatory approvals and the final merger scheme to assess the combined entity's value.
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The proposed ₹250 Cr fundraise is a major event. Watch for the final mode (QIP vs FCCBs), pricing, and utilization plans to gauge dilution and growth impact.
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The Triacetin plant and Pantoprazole expansion are key growth drivers. Monitor project timelines, cost overruns, and commissioning announcements over the next 12-18 months.
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The AGM is scheduled for July 30, 2026, with a record date of July 14, 2026. Watch for shareholder approval of the final dividend and any strategic updates from management.
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After a 32.9% profit decline, watch the Q1 FY27 results for signs of margin recovery. If the exceptional items are truly one-off, the stock could re-rate.
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The reappointment of Ray & Ray for a second term is subject to shareholder approval at the AGM. Watch for any dissenting votes or governance concerns raised by proxy advisors.
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With the Whole-time Director resigning, watch for the appointment of a new executive and the strategic direction under the new President, Samir Thete.
Filing Analyses
(50)
20-05-2026
Priya Limited has informed BSE that a Board Meeting will be held on May 28, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for insiders has been closed from April 1, 2026, and will reopen 48 hours after the results are made public on June 1, 2026.
- · Board meeting scheduled for May 28, 2026 at the registered office in Mumbai.
- · Trading window closed from April 1, 2026 until 48 hours after results announcement (expected June 1, 2026).
- · Scrip code: 524580
- · CIN: L99999MH1986PLC040713
20-05-2026
21st Century Management Services Limited has published a notice for a Board Meeting to be held on May 27, 2026, to consider and approve the standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with other business matters. The notice was published in Trinity Mirror (English) and Makkal Kural (Tamil) on May 19, 2026, as required under SEBI Listing Regulations. The filing also contains numerous unrelated legal notices and name change announcements from various individuals and entities, which are not material to the company's operations.
- · The Board Meeting is scheduled for May 27, 2026, at 4:00 PM.
- · The agenda includes consideration of financial results for the quarter and year ended March 31, 2026, as per Ind AS.
- · The notice was published in Trinity Mirror (English) and Makkal Kural (Tamil) newspapers on May 19, 2026.
- · The filing includes a large number of unrelated legal notices (e.g., name changes, enrollment notices, court cases) that are not related to the company's business.
20-05-2026
Satyam Silk Mills Ltd has informed BSE that a Board Meeting is scheduled for May 29, 2026, to consider and approve the audited standalone financial results for the quarter and year ended March 31, 2026. The trading window for insiders, which closed from April 1, 2026, will reopen 48 hours after the results are declared. No financial figures or performance comparisons are provided in this filing.
- · Board meeting date: May 29, 2026
- · Trading window closure period: April 1, 2026 until 48 hours after results declaration
- · Results to be considered: Audited standalone financial results for Q4 and FY ended March 31, 2026
20-05-2026
Vistar Amar Limited has informed BSE that its Board of Directors will meet on May 28, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for designated persons and their immediate relatives remains closed from April 1, 2026, to May 30, 2026, as per insider trading regulations.
- · Board meeting scheduled for May 28, 2026 at 5:00 PM via video conferencing
- · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026
- · Trading window closure period: April 1, 2026 to May 30, 2026
- · Intimation made under Regulation 29 of SEBI Listing Regulations
20-05-2026
Pee Cee Cosma Sope Ltd. has informed BSE Ltd. that a Board Meeting will be held on May 29, 2026, to consider and approve the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026, and to recommend a dividend on equity shares for FY 2025-2026, if any. The trading window for designated persons and their relatives has been closed from April 1, 2026, until 48 hours after the results announcement.
- · Board meeting scheduled for Friday, May 29, 2026.
- · Agenda includes approval of audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2026.
- · Dividend recommendation for FY 2025-2026 will be considered, subject to shareholder approval at the AGM.
- · Trading window closed from April 1, 2026, until 48 hours after the results announcement to stock exchanges.
- · The information is also available on the company's website (www.peeceecosma.com) and BSE India website.
20-05-2026
Lactose (India) Ltd. reported audited financial results for Q4 and FY ended March 31, 2026, with revenue from operations rising 24.5% YoY to ₹4,576.61 Lakhs in Q4 and 40.3% YoY to ₹16,329.01 Lakhs for the full year. Net profit after tax grew 255% YoY to ₹187.69 Lakhs in Q4 and 17.4% YoY to ₹606.28 Lakhs for FY26. However, other income declined 43.1% YoY in Q4 and 26.3% YoY for the full year, and the company's proposed merger with Vitanosh Ingredients Private Limited remains pending regulatory approvals.
- · Statutory auditors DMKH & Co. issued an unmodified (clean) audit opinion for FY26 financial results.
- · Board meeting commenced at 12:00 noon and concluded at 2:00 PM on May 20, 2026.
- · The company operates in a single reportable business segment: Pharmaceuticals.
- · The Scheme of Merger with Vitanosh Ingredients Private Limited was approved by shareholders at an EGM on March 28, 2026, but is pending final approvals from SEBI and NCLT.
- · On December 5, 2024, the company issued 15,00,000 convertible warrants at ₹174 each; 25% (₹652.50 Lakhs) received upfront; balance due within 18 months.
- · Government of India notified four new Labour Codes; draft rules published on December 30, 2025; financial impact assessment is pending.
20-05-2026
ATV Projects India Ltd reported its audited standalone financial results for the quarter and year ended March 31, 2026. For Q4 FY26, revenue grew 13.0% sequentially and 13.0% YoY to ₹2,009.84 Lakh, but net profit fell 19.8% YoY to ₹206.23 Lakh, and for the full year FY26, revenue declined 4.1% YoY to ₹6,765.31 Lakh while net profit slipped 3.3% YoY to ₹715.50 Lakh, reflecting a mixed performance. The Board also approved the appointment of internal auditors, related party transactions, and set the AGM for August 12, 2026.
- · Total comprehensive income for FY26 stood at ₹715.50 Lakh, down from ₹740.12 Lakh in FY25 (YoY decline of 3.3%).
- · Finance costs for FY26 surged to ₹4.29 Lakh from ₹0.65 Lakh in FY25, a 560% increase.
- · Total assets as of March 31, 2026 stood at ₹26,980.39 Lakh, up from ₹25,929.68 Lakh as of March 31, 2025 (increase of 4.1%).
- · Cash and cash equivalents improved to ₹665.19 Lakh as of March 31, 2026 from ₹143.23 Lakh as of March 31, 2025.
- · Long-term borrowings (non-current) reduced to ₹3,643.00 Lakh from ₹4,267.42 Lakh (YoY decrease of 14.6%).
- · Other equity (reserves) increased to ₹16,056.11 Lakh from ₹15,340.61 Lakh (YoY increase of 4.7%).
- · Inventories rose sharply to ₹2,895.45 Lakh from ₹2,096.45 Lakh (YoY increase of 38.1%).
- · Trade and other receivables decreased to ₹1,052.67 Lakh from ₹1,317.50 Lakh (YoY decline of 20.1%).
- · Auditors issued an unmodified (clean) opinion on the financial statements.
- · Annual General Meeting fixed for August 12, 2026; register of members closure from August 6 to August 12, 2026.
- · Related party transactions include a balance payable to Seftech Phosphate Private Limited of ₹693.88 Lakh (opening), closing debit balance of ₹3,294.16 Lakh (net payable by the company).
20-05-2026
Kotia Enterprises Limited has informed the stock exchanges that a Board Meeting will be held on Saturday, May 30, 2026, to consider and adopt the standalone audited financial results for the quarter and year ended March 31, 2026. The trading window for designated persons and their immediate relatives will remain closed until 48 hours after the results are declared.
- · Board meeting scheduled for Saturday, May 30, 2026.
- · Agenda includes consideration and adoption of standalone audited financial results for Q4 and FY ended March 31, 2026.
- · Trading window closure for designated persons and their immediate relatives remains in effect until 48 hours after the results declaration.
20-05-2026
IRB Infrastructure Developers Ltd board approved audited financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. The board declared a 4th interim dividend of 5% (Re.0.05 per share) for FY 2025-26, record date May 26, 2026, payment by June 18, 2026. Additionally, in-principle approval was granted for material related party arrangements with 12 project SPVs for O&M and project management services, valued up to INR 19,501.90 crore (plus GST, total approx. INR 23,012.24 crore), subject to shareholder and regulatory approvals.
- · Audited financial results for quarter and year ended March 31, 2026, received unmodified audit opinion.
- · 4th interim dividend of 5% (Re.0.05 per equity share of face value Re.1 each) declared for FY 2025-26.
- · Record date for dividend: May 26, 2026; payment on or before June 18, 2026.
- · In-principle approval for material related party arrangements with 12 project SPVs for O&M and project management services.
- · Aggregate estimated value of arrangements: up to INR 19,501.90 crore (plus GST, total approx. INR 23,012.24 crore).
- · Arrangements subject to shareholder approval, applicable approvals, and execution of amendments.
- · Board meeting started at 12:30 pm and concluded at 2:05 pm.
20-05-2026
Indergiri Finance Limited has informed BSE that its Board of Directors will meet on May 28, 2026, to consider and approve the audited standalone financial results for the quarter and year ended March 31, 2026. The trading window for dealing in the company's securities has been closed from April 1, 2026, and will remain closed until 48 hours after the results announcement, i.e., up to May 30, 2026.
- · Board meeting scheduled for May 28, 2026 at Unit No. 908, A Wing, Rustomjee Central Park, Andheri–Kurla Road, Chakala, Andheri East, Mumbai – 400093.
- · Trading window closed from April 1, 2026 and will reopen after 48 hours of the results announcement, i.e., up to May 30, 2026.
- · Filing made under Regulation 29(1)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
20-05-2026
Crizac Limited has informed the stock exchanges that a Board Meeting is scheduled for May 25, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for insiders remains closed until 48 hours after the results are declared. No financial figures or performance comparisons are provided in this filing.
- · Board meeting scheduled for Monday, May 25, 2026.
- · Agenda includes approval of audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026.
- · Trading window for insiders has been closed since March 26, 2026, and will remain closed until 48 hours after the results are declared.
- · Contact details: (033) 3544-1515, info@crizac.com.
20-05-2026
Kerala Ayurveda Limited has informed the Bombay Stock Exchange that a Board Meeting is scheduled for May 25, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for designated persons has been closed since March 31, 2026, and will reopen 48 hours after the results are made public. No financial figures or performance comparisons are provided in this filing.
- · Board meeting date: May 25, 2026
- · Trading window closed from March 31, 2026 until 48 hours after results are made public
- · Results to be considered: audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026
- · Company is ISO 9001:2015 certified
- · Registered office in Ernakulam, Kerala; Corporate office in Bengaluru
20-05-2026
Khadim India Limited's Board approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion from M/s Ray & Ray. The Board also approved the reappointment of M/s Ray & Ray as statutory auditors for a second term of five years, subject to shareholder approval. The filing itself does not contain the actual financial figures, only the audit reports and board outcomes.
- · Audit opinion is unmodified (clean) for both standalone and consolidated results.
- · Statutory auditors Ray & Ray (FRN 301072E) reappointed for a second term of 5 years from conclusion of 45th AGM to 50th AGM (FY 2031-32).
- · Subsidiary: Khadim Shoe Bangladesh Limited (100% held foreign subsidiary) is included in consolidated results; its financials were audited by other auditors.
- · The financial results for the quarter ended March 31, 2026 are balancing figures between the audited full year and published unaudited nine-month figures.
- · Board meeting held May 20, 2026; commenced 1:30 PM and concluded at approximately 2:10 PM.
20-05-2026
Samvardhana Motherson International Limited approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, and recommended a final dividend of INR 0.25 per share, bringing total FY dividend to INR 0.60 per share (up from INR 0.57 in FY25). The consolidated results include audited figures from 121 subsidiaries (total assets Rs 1,48,950 Crore, total revenues Rs 92,911 Crore for the year) and unaudited figures from 59 subsidiaries (total revenues Rs 2,244 Crore for the year). The statutory auditors issued an unmodified opinion on both standalone and consolidated results.
- · The Board meeting commenced at 1000 Hours (IST) and concluded at 1420 Hours (IST) on May 20, 2026.
- · The record date for the final dividend is July 14, 2026, and the AGM is scheduled for July 30, 2026.
- · The statutory auditors issued an unmodified opinion on both standalone and consolidated financial results for FY ended March 31, 2026.
- · The 59 unaudited subsidiaries reported a net loss after tax of Rs. 127 Crore for the year ended March 31, 2026, and a net profit of Rs. 58 Crore for the quarter.
- · The 59 unaudited subsidiaries reported total comprehensive expense of Rs. 130 Crore for the year ended March 31, 2026.
20-05-2026
TCI Industries Ltd. held a Board Meeting on May 19, 2026, approving audited financial results for Q4 and FY ended March 31, 2026 (results enclosed but not detailed in filing). Key management changes include the resignation of Whole-time Director Sunil K. Warerkar (effective June 30, 2026) and the appointment of Samir Thete as President. The board also re-appointed Gokhale & Sathe as internal auditor for FY 2026-27. No financial figures were provided in this filing letter, so directional performance cannot be assessed.
- · The Board Meeting commenced at 15:35 hours and concluded at 17:05 hours on May 19, 2026.
- · Mr. Sunil K. Warerkar resigned due to personal reasons, effective from the closing of office hours on June 30, 2026.
- · Mr. Samir Thete holds a B.Sc. degree and a Post Graduate Diploma in Business Management and Human Resource Management with 25+ years of experience.
- · The re-appointed internal auditor, Gokhale & Sathe, specializes in internal and process audits, tax advisory, and business consulting for the corporate and BFSI sectors.
- · All applicable SEBI disclosure items (deviation on proceeds, default on loans, related party transactions, audit qualification impact) were marked 'Not Applicable'.
- · The filing does not contain any financial figures; the actual financial results are provided in an enclosed annexure not included in the submission.
20-05-2026
Jolly Plastic Industries Ltd. reported audited financial results for Q4 and FY ended March 31, 2026. Revenue from operations for Q4 FY26 was ₹6.77 lakh, down from ₹7.24 lakh in Q3 FY25 and ₹2.70 lakh in Q4 FY25. The company posted a net loss of ₹27.00 lakh for Q4 FY26, compared to a profit of ₹0.40 lakh in Q3 FY25 and a profit of ₹22.26 lakh in Q4 FY25. For the full year, net profit declined to ₹1.06 lakh from ₹1.77 lakh in FY25.
- · Total income for Q4 FY26 was ₹6.81 lakh, down from ₹9.42 lakh in Q3 FY25 and ₹29.80 lakh in Q4 FY25.
- · Total expenses for Q4 FY26 were ₹33.41 lakh, up from ₹9.01 lakh in Q3 FY25 and ₹6.95 lakh in Q4 FY25.
- · Total assets as at March 31, 2026 were ₹689.43 lakh, compared to ₹687.64 lakh as at March 31, 2025.
- · Cash and cash equivalents declined sharply from ₹305.60 lakh as at March 31, 2025 to ₹14.84 lakh as at March 31, 2026.
- · The company confirmed no deviation in use of IPO proceeds.
- · Auditor's report was unmodified.
20-05-2026
Jolly Plastic Industries Ltd. reported audited financial results for Q4 and FY ended March 31, 2026, with full-year revenue from operations increasing to ₹22.60 Lakh from ₹17.02 Lakh in FY2025, a 32.8% growth. However, the company posted a net loss of ₹27.00 Lakh for Q4 FY2026, a sharp decline compared to a profit of ₹22.26 Lakh in Q4 FY2025, and full-year net profit fell 40.1% to ₹1.06 Lakh from ₹1.77 Lakh. Cash and cash equivalents plummeted to ₹14.84 Lakh from ₹305.60 Lakh at the start of the year, primarily due to a significant outflow for loans and advances (₹638.07 Lakh in non-current loans and advances).
- · Total income for Q4 FY2026 fell to ₹6.81 Lakh from ₹29.80 Lakh in Q4 FY2025.
- · Total expenses for Q4 FY2026 surged to ₹33.41 Lakh from ₹6.95 Lakh in Q4 FY2025, driven by a sharp rise in administration and other expenses (₹20.08 Lakh vs ₹2.90 Lakh) and employee benefits expense (₹6.76 Lakh vs ₹1.38 Lakh).
- · Other income for the full year dropped to ₹24.49 Lakh from ₹44.41 Lakh in FY2025.
- · Non-current loans and advances rose sharply to ₹638.07 Lakh (FY2026) from ₹343.53 Lakh (FY2025).
- · Total assets were nearly flat at ₹689.43 Lakh (FY2026) vs ₹687.64 Lakh (FY2025).
- · Current liabilities increased to ₹0.93 Lakh from ₹0.20 Lakh.
- · Earnings per share (basic) for FY2026: ₹0.0159, down from ₹0.0265 in FY2025.
- · No dividend or exceptional items were reported.
- · The company confirmed no deviation in use of IPO proceeds.
20-05-2026
Nouveau Global Ventures Limited has informed BSE that a Board Meeting is scheduled for May 26, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The trading window for designated persons remains closed until 48 hours after the results are declared. No financial figures or performance comparisons are provided in this prior intimation.
- · Board Meeting date: May 26, 2026
- · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026
- · Trading window closure continues until 48 hours after results declaration
- · Reference to Regulation 29 of SEBI LODR Regulations, 2015
20-05-2026
Ramgopal Polytex Ltd reported a significantly widened net loss of ₹99.11 Lakh for FY2026 vs ₹18.52 Lakh loss in FY2025, with revenues declining 26.2% YoY to ₹109.36 Lakh. The Board approved the sale of its 1,90,000 equity shares in Ramgopal Synthetics Ltd for a lump sum consideration of ₹1,34,90,000 and appointed M/s. Ravi Seth & Co. as Internal Auditor for FY2026-27. The auditors issued an unmodified (clean) opinion on the annual audited results.
- · The statutory auditors M/s. Rungta Agarwal and Associates issued an unmodified (clean) opinion on the audited financial results.
- · The company's other equity (accumulated losses) worsened to ₹(391.91) Lakh as of March 31, 2026 compared to ₹(319.78) Lakh in the prior year, a decline of 22.6%.
- · A provision of ₹77.16 Lakh was made for Goods & Service Tax credits during FY2026, contributing significantly to the increased loss.
- · The sale of 1,90,000 shares in Ramgopal Synthetics Ltd was executed at ₹71 per share, with expected completion by May 31, 2026.
- · The Board meeting commenced at 1:00 PM and concluded at 2:15 PM on May 20, 2026.
- · Mr. Ravi Seth & Co. has been appointed as Internal Auditor for FY2026-27 effective May 20, 2026.
20-05-2026
Jagatjit Industries Ltd. has informed BSE that a Board meeting is scheduled for May 28, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for designated persons will remain closed until May 30, 2026, in compliance with insider trading regulations.
- · Board meeting date: May 28, 2026
- · Trading window closure period: from May 20, 2026 (filing date) until May 30, 2026
- · Financial results to be considered: audited standalone and consolidated for Q4 and FY ended March 31, 2026
- · Previous intimation letter referenced: dated March 24, 2026
20-05-2026
Avonmore Capital & Management Services Limited has informed the stock exchanges that a Board Meeting will be held on May 26, 2026, to consider and approve the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026, as well as the annual accounts for FY 2025-26. No financial figures or performance data are provided in this filing.
- · Board Meeting scheduled for May 26, 2026
- · Agenda includes approval of audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2026
- · Agenda also includes taking on record the annual accounts for FY 2025-26
- · Notice is available on the company's website at www.avonmorecapital.in
20-05-2026
Grasim Industries' Board approved audited standalone and consolidated financial results for FY ended March 31, 2026, and recommended a dividend of ₹10 per equity share (500% on face value of ₹2). The Board also approved the appointment of Deloitte Haskins & Sells as Joint Statutory Auditor for five years, replacing BSR & Co. LLP. The auditors issued an unmodified opinion on the financial results.
- · The Board meeting commenced at 12:15 p.m. IST and concluded at 2:31 p.m. IST on May 20, 2026.
- · The dividend of ₹10 per equity share is subject to shareholder approval at the ensuing Annual General Meeting.
- · Deloitte Haskins & Sells will serve as Joint Statutory Auditor for five years from the 79th AGM to the 84th AGM, replacing BSR & Co. LLP whose second term ends at the 79th AGM.
- · KKC & Associates LLP continues as Joint Statutory Auditor.
- · The auditors issued an unmodified opinion on both standalone and consolidated financial results.
- · The standalone financial results include the financials of Grasim Employees' Trust (total assets ₹429.45 Cr, net profit ₹1.28 Cr, net cash outflow ₹0.07 Cr) and four joint operations (total assets ₹30.39 Cr, net loss ₹0.02 Cr, net cash inflow ₹0.22 Cr).
20-05-2026
IOL Chemicals and Pharmaceuticals announced audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. The board also approved installation of a Triacetin plant (6000 MTPA, ₹16.88 Cr capex) and expansion of Pantoprazole capacity from 240 to 276 MTPA (₹5.87 Cr capex), both funded via internal accruals. The 39th AGM is scheduled for September 2, 2026.
- · Audited financial results received unmodified opinion from statutory auditors M/s. Ashwani & Associates.
- · 39th AGM to be held on September 2, 2026 via VC/OAVM; register closure from August 27 to September 2, 2026.
- · Triacetin plant will be set up at Barnala in phases; Phase I capacity 6000 MTPA.
- · Pantoprazole capacity expansion from 240 MTPA to 276 MTPA (addition of 36 MTPA).
- · Existing Pantoprazole capacity utilization is 100%.
20-05-2026
Samvardhana Motherson International Limited reported audited consolidated financial results for Q4 and FY ended March 31, 2026, with total revenues of Rs 92,911 Crore for the year and Rs 25,032 Crore for the quarter. The Board recommended a final dividend of INR 0.25 per share, bringing the total dividend for FY 2025-26 to INR 0.60 per share, up from INR 0.57 per share in FY 2024-25. However, the filing also reveals that 59 unaudited subsidiaries reported a net loss of Rs. 127 Crore for the year, indicating mixed performance across the group.
- · The Board meeting commenced at 1000 Hours (IST) and concluded at 1420 Hours (IST) on May 20, 2026.
- · The record date for the final dividend is July 14, 2026.
- · The Annual General Meeting is scheduled for July 30, 2026.
- · The statutory auditors issued an unmodified opinion on the audited financial results.
- · The filing includes 121 audited subsidiaries and 59 unaudited subsidiaries, with the unaudited ones reporting a net loss of Rs. 127 Crore for the year.
20-05-2026
Prudential Sugar Corporation Limited informed stock exchanges that a Board Meeting will be held on May 30, 2026, to consider and adopt the audited standalone and consolidated financial statements for Q4 and the full year ended March 31, 2026, along with the statutory auditors' report. The meeting will be held at 02:00 PM at the registered office in Hyderabad. As part of standard compliance, the trading window for insiders has been closed since April 1, 2026 and will remain closed until 48 hours after the meeting concludes.
- · Filing reference number: PSCL/SE/2026-27/May
- · Filing date is May 20, 2026 (but the letter is dated May 20, 2025 - appears to be a typographic error)
- · Meeting date: Saturday, May 30, 2026 at 02:00 PM
- · Trading window closed from April 1, 2026 until 48 hours after Board Meeting conclusion
- · Scrip codes: 500342 (BSE), PRUDMOULI (NSE), 026037 (Calcutta Stock Exchange)
- · CIN: L15432TG1990PLC032731
20-05-2026
IOL Chemicals and Pharmaceuticals announced audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. The board also approved installation of a new Triacetin plant (6000 MTPA, ₹16.88 Cr capex) and expansion of Pantoprazole capacity from 240 to 276 MTPA (₹5.87 Cr capex), both funded via internal accruals. The 39th AGM is scheduled for September 2, 2026 via video conferencing.
- · Audited financial results received unmodified opinion from statutory auditors M/s. Ashwani & Associates.
- · 39th AGM to be held on 2nd September 2026 via VC/OAVM; register closure from 27th August to 2nd September 2026.
- · Triacetin plant capex of ₹16.88 Cr fully funded through internal accruals.
- · Pantoprazole capacity expansion capex of ₹5.87 Cr fully funded through internal accruals.
- · Existing Pantoprazole capacity utilization was 100%.
20-05-2026
Samvardhana Motherson International Limited has appointed M/s B S R & Co. LLP as its new statutory auditor for a five-year term from the 40th AGM (2027) to the 45th AGM (2032), subject to shareholder approval. The current auditor, S. R. Batliboi & Co. LLP, will continue until the 40th AGM, completing its second consecutive five-year term. The change is a routine governance update with no financial impact or performance data.
- · The Board meeting commenced at 10:00 IST and concluded at 14:20 IST on May 20, 2026.
- · B S R & Co. LLP was constituted on March 27, 1990, and converted to an LLP on October 14, 2013.
- · The firm's registered office is at 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Centre, Western Express Highway, Goregaon (East), Mumbai-400063.
- · B S R & Co. LLP is a member entity of B S R & Affiliates, a network registered with the Institute of Chartered Accountants of India.
20-05-2026
Eris Lifesciences Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion. The Board declared an interim dividend of ₹7.21 per share (721%) for FY2026-2027, with a record date of May 29, 2026, and payment by June 19, 2026. The consolidated financials include 6 subsidiaries and a joint venture, with total assets of ₹1,283.87 Crore and total revenues of ₹545.48 Crore for the year.
- · The audit reports were submitted with unmodified opinion(s) (free from any qualifications).
- · The Board meeting commenced at 11:00 A.M. and concluded at 02:30 P.M. on May 20, 2026.
- · The interim dividend of ₹7.21 per share (721%) is for the Financial Year 2026-2027.
- · Record date for dividend eligibility is Friday, May 29, 2026; payment on or before June 19, 2026.
- · The consolidated financial results include 6 subsidiaries (total assets ₹1,283.87 Cr, total revenues ₹545.48 Cr, net profit after tax ₹115.14 Cr, total comprehensive income ₹113.44 Cr, net cash outflows ₹11.19 Cr) and a joint venture (share of net profit after tax ₹0.09 Cr).
20-05-2026
Aptech Limited's Board of Directors approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. The Board declared an interim dividend of ₹4.5 per share (45% of face value) for FY 2025-26. Additionally, the Board approved the reclassification of Mr. Utpal Sheth from 'Promoter Group' to 'Public' category, subject to stock exchange and shareholder approvals.
- · Audited financial results for Q4 and FY ended March 31, 2026, received an unmodified opinion from statutory auditors M/s. Bansi S. Mehta & Co.
- · The Board meeting commenced at 1:30 PM and concluded at 2:15 PM on May 20, 2026.
- · Mr. Utpal Sheth's reclassification is subject to approval of stock exchanges, shareholders via postal ballot, and other regulatory approvals.
- · Mr. Utpal Sheth does not hold more than 10% of total voting rights, does not exercise control, is not involved in management, and will not be on the Board or act as KMP for 3 years from shareholder approval.
- · Mr. Utpal Sheth is not a wilful defaulter or fugitive economic offender.
20-05-2026
Eastern Treads Ltd. reported its standalone audited financial results for Q4 and FY ended March 31, 2026, with the statutory auditors issuing an unmodified opinion. The board also appointed Mr. Karandeep Singh as an Additional Non-Executive Independent Director for a 5-year term (subject to shareholder approval) and re-appointed M/s RGN Price and Co. as internal auditors for FY 2026-27. No specific financial figures or period-over-period comparisons were provided in the filing, limiting the ability to assess performance trends.
- · The board meeting started at 12:50 PM and concluded at 2:30 PM on May 20, 2026.
- · Mr. Karandeep Singh is a Chartered Accountant (Merit Lister) and Gold Medallist in B.Com (Hons) from Delhi University.
- · Mr. Singh is not debarred from holding the office of Director by SEBI or any other authority.
- · M/s RGN Price and Co. is a national firm of chartered accountants providing audit, advisory, and assurance services.
- · The statutory auditors (G Joseph & Associates) issued an unmodified opinion on the standalone financial statements for FY ended March 31, 2026.
20-05-2026
Kandagiri Spinning Mills Ltd has announced a Board Meeting scheduled for May 30, 2026, to consider and approve the audited standalone financial results for the fourth quarter and year ended March 31, 2026. The trading window for designated persons has been closed from April 1, 2026, and will remain closed until June 1, 2026, in compliance with insider trading regulations. No financial figures or performance comparisons are provided in this notice.
- · Board Meeting date: May 30, 2026
- · Trading window closure: April 1, 2026 to June 1, 2026
- · Meeting location: Registered office in Udayapatti, Salem - 636140
- · Purpose: Consider and approve audited standalone financial results for Q4 and FY ended March 31, 2026
20-05-2026
R.R.Securities Ltd. has filed a notice convening a Board Meeting on May 28, 2026, to consider and approve the audited financial results for Q4 and the full fiscal year ended March 31, 2026. The agenda includes review of compliance certificates, disclosures from directors and promoters, related party transactions, and authorization for the upcoming Annual General Meeting. No financial figures, period-over-period changes, or performance metrics are disclosed in this notice.
- · The board meeting is scheduled for May 28, 2026 at 5:00 PM at the registered office in Ahmedabad.
- · The company will consider and approve audited financial results prepared on an IND AS Stand-Alone basis for the quarter and year ended March 31, 2026.
- · Agenda includes review of auditors' report and management explanations on any observations or remarks.
- · Authorization will be sought for Mr. Rajendra Babulal Shah to fix record date, book closure, and AGM details.
- · The agenda also includes review of annual disclosures from directors, promoters, and key managerial personnel regarding shareholding and pledge status.
20-05-2026
Switching Technologies Gunther Ltd. informed BSE that its Board Meeting on May 25, 2026, will also consider the appointment of new directors, in addition to adopting audited financial results for Q4 and FY ended March 31, 2026. The company had inadvertently omitted this agenda item in its earlier intimation dated May 18, 2026.
- · The board meeting is scheduled for Monday, May 25, 2026.
- · The company had previously intimated the stock exchange on May 18, 2026, about the board meeting but missed mentioning the appointment of new directors.
- · The filing is being submitted via PDF and XBRL mode.
20-05-2026
Borosil Scientific Limited's Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from Chaturvedi & Shah LLP. The Board also approved a proposal to seek shareholder approval to raise up to ₹250 crore via QIP, FCCBs, or other modes, and re-appointed Mr. Vinayak Patankar as Whole-time Director & CEO for three years from December 2, 2026. However, the company experienced the resignation of Company Secretary & Compliance Officer Mr. Sanjay Gupta effective May 20, 2026, though a replacement, Mr. Ramavtar Sharma, was appointed effective May 21, 2026.
- · Audited financial statements (standalone & consolidated) for year ended March 31, 2026 received unmodified audit opinion from Chaturvedi & Shah LLP.
- · Board meeting commenced at 12:50 PM IST and concluded at 2:35 PM IST on May 20, 2026.
- · Mr. Sanjay Gupta resigned as Company Secretary & Compliance Officer effective May 20, 2026 to pursue an alternate career opportunity; no other reasons for resignation.
- · Mr. Ramavtar Sharma, a qualified Company Secretary (ACS 63784) with over 5 years experience, appointed as Company Secretary & Compliance Officer effective May 21, 2026.
- · Mr. Vinayak Patankar holds a Master of Science in Physical Chemistry and an Executive MBA in Marketing; he has over three decades of experience.
- · Mr. Ramavtar Sharma was also authorized as one of the KMPs for disclosure of material events to stock exchanges effective May 21, 2026.
- · Updated list of KMPs authorized for disclosure includes Mr. Vinayak Patankar, Mr. Somnath Billur, and Mr. Ramavtar Sharma.
20-05-2026
Bhartiya International Limited has informed the stock exchanges that a Board Meeting will be held on May 29, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting is scheduled at 2:30 PM.
- · Board meeting date: May 29, 2026
- · Meeting time: 2:30 PM
- · Agenda: Approval of audited financial results for Q4 and FY ending March 31, 2026
20-05-2026
Kandagiri Spinning Mills Ltd has announced a Board Meeting to be held on May 30, 2026, to consider and approve the audited standalone financial results for the fourth quarter and year ended March 31, 2026. The trading window for designated persons has been closed from April 1, 2026, and will remain closed until June 1, 2026, in compliance with SEBI insider trading regulations.
- · Board meeting date: Saturday, 30th May 2026
- · Meeting location: Registered office, Udayapatti, Salem - 636140
- · Trading window closure period: 1st April 2026 to 1st June 2026
- · Filing date: 20th May 2026
- · Company CIN: L17111TZ1976PLC000762
20-05-2026
Rasi Electrodes Ltd. held a Board meeting on May 20, 2026, where the Board approved the appointment of M/s. S. Ravi & Co., Chartered Accountants, as the Secretarial Auditor for the financial year 2026-2027, subject to shareholder approval. The Board also noted that Mr. P. Mohanlal Kothari continues as Managing Director. No financial results or dividend announcements were made.
- · The Board meeting commenced at 11:30 AM and concluded at 2:30 PM.
- · The appointment of Secretarial Auditor is subject to approval by shareholders at the next Annual General Meeting.
- · The company's registered office is at 21, Raja Annamalai Road, Flat No. A/14, Rams Appartment, First Floor, Chennai - 600 084.
- · CIN: L52599TN1994PLC026980
20-05-2026
Sunshine Capital Ltd. has informed BSE that a Board Meeting will be held on May 23, 2026, to approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window has been closed from April 1, 2026, and will remain closed until 48 hours after the results are declared.
- · Board meeting scheduled for Saturday, May 23, 2026 at the registered office in New Delhi.
- · Trading window closed from April 1, 2026 until 48 hours after results declaration.
- · The filing is a prior intimation under Regulation 29 of SEBI (LODR) Regulations, 2015.
20-05-2026
Borosil Scientific Limited's Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from Chaturvedi & Shah LLP. The Board also approved a proposal to seek shareholder approval for raising up to ₹250 crore via QIP, FCCBs, or other modes, and re-appointed Mr. Vinayak Patankar as Whole-time Director & CEO for three years from December 2, 2026. However, the company saw the resignation of Company Secretary & Compliance Officer Mr. Sanjay Gupta effective May 20, 2026, with Mr. Ramavtar Sharma appointed as his successor from May 21, 2026.
- · Audit reports for standalone and consolidated financial results carry an unmodified opinion.
- · Mr. Sanjay Gupta resigned to pursue an alternate career opportunity, with no other reasons for resignation.
- · Mr. Ramavtar Sharma is a qualified Company Secretary (ACS 63784) with over five years of experience, previously associated with Godrej Properties and Borosil Renewables.
- · Mr. Vinayak Patankar holds a Master of Science in Physical Chemistry and an Executive MBA in Marketing.
- · The Board meeting started at 12:50 PM IST and concluded at 2:35 PM IST on May 20, 2026.
- · Mr. Ramavtar Sharma is authorized to disclose material events to stock exchanges from May 21, 2026.
20-05-2026
Nutricircle Limited has informed BSE that its Board Meeting is scheduled for May 26, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026, and to appoint an internal auditor for FY 2026-27. The filing is a routine corporate governance disclosure with no financial results or performance data disclosed yet.
- · Board Meeting date: Tuesday, 26th May 2026 at 03:00 p.m.
- · Meeting location: Registered office of the Company
- · Agenda includes: (1) Audited Financial Results for Q4 and FY ended March 31, 2026, (2) Appointment of Internal Auditor for FY 2026-27, (3) Any other item
- · Filing made under Regulation 29(1) and 33 of SEBI (LODR) Regulations, 2015
- · BSE Code: 530219
20-05-2026
Alliance Integrated Metaliks Limited informed BSE that a Board meeting is scheduled for May 26, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for insiders remains closed until 48 hours after the results are declared. No financial figures or performance data were disclosed in this filing.
- · Board meeting date: Tuesday, May 26, 2026
- · Trading window closure for insiders until 48 hours after results declaration
- · Prior intimation filed under Regulation 29(1)(a) and Regulation 33 of SEBI LODR
20-05-2026
Unified Data Tech Solutions Limited has scheduled a Board Meeting on May 29, 2026, to consider and approve standalone audited financial results for the half year and year ended March 31, 2026, and to consider an interim dividend for FY 2025-26. The record date for the dividend, if declared, is June 8, 2026. The trading window has been closed from April 1, 2026, until 48 hours after the results announcement.
- · The company was formerly known as Unified Data-Tech Solutions Private Limited.
- · The Board Meeting will be held at the registered office of the company.
- · The trading window closure began on April 1, 2026.
- · The record date for the interim dividend (if declared) is June 8, 2026.
20-05-2026
Carysil Limited's Board of Directors approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion. The Board also recommended a final dividend of ₹3 per share (150% of face value of ₹2) for FY 2025-26, subject to shareholder approval. No specific financial figures or period-over-period comparisons were provided in the filing, limiting the ability to assess performance trends.
- · The Board meeting commenced at 12:45 PM and concluded at 2:45 PM on May 20, 2026.
- · The auditors issued an unmodified opinion on both standalone and consolidated financial results.
- · The consolidated results include financials of 15 subsidiaries, with some entities under voluntary liquidation or strike-off process.
- · The record date for the final dividend and the date of the Annual General Meeting will be announced later.
20-05-2026
Universal Starch-Chem Allied Ltd. has announced a Board Meeting scheduled for May 27, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for insiders has been closed from April 1, 2026, and will remain closed until 48 hours after the results are made public. No financial figures or performance data are available in this notice.
- · Board Meeting No. 1/26-27 will be held on Wednesday, 27th May, 2026 at the Registered Office.
- · Trading window closure period: from 01st April, 2026 until 48 hours after the financial results are made public.
- · The meeting will also consider 'any other matter with the permission of chair'.
20-05-2026
JD CABLES LIMITED has informed the exchange that a Board Meeting is scheduled for May 29, 2026, to consider and approve the audited financial results for the half year and year ended March 31, 2026, and to appoint a Cost Auditor for FY 2026-27. The trading window remains closed from April 1, 2026, to May 29, 2026, in line with the company's insider trading code.
- · Board meeting scheduled for Friday, 29th May 2026 at 04:00 P.M.
- · Agenda includes approval of audited financial results for half year and year ended 31st March 2026.
- · Agenda also includes appointment of Cost Auditor for FY 2026-27 for a term of one year.
- · Trading window closed from April 01, 2026 to May 29, 2026 (both days inclusive).
20-05-2026
New Markets Avenue Limited (formerly New Markets Advisory Ltd) has informed the BSE that a Board Meeting will be held on 28th May 2026 to consider and approve the audited financial results for the quarter and year ended 31st March 2025. The trading window for insiders will remain closed until 48 hours after the results are declared.
- · The company's name has changed from New Markets Advisory Ltd to New Markets Avenue Limited.
- · The Board Meeting is scheduled for 28th May 2026 at the registered office in Mumbai.
- · The trading window closure applies to all Directors, Officers, Designated Employees, and connected persons.
20-05-2026
Control Print Limited reported standalone FY26 revenue growth of 15.7% YoY to ₹44,594.94 Lakhs (₹44,594.94 Lakhs) from ₹38,530.13 Lakhs in FY25, driven by strong Q4 revenue of ₹13,415.51 Lakhs (up 21.9% YoY). However, standalone FY26 net profit declined 32.9% YoY to ₹8,031.03 Lakhs from ₹11,963.39 Lakhs, impacted by exceptional items of ₹406.39 Lakhs and higher tax expenses. Consolidated FY26 revenue grew 13.4% YoY to ₹48,195.58 Lakhs, while consolidated net profit dropped 56.4% YoY to ₹4,360.13 Lakhs. The Board recommended a final dividend of ₹6 per share (60% of face value).
- · Standalone Q4 revenue increased 22.4% sequentially from ₹10,932.17 Lakhs in Q3 FY26 to ₹13,415.51 Lakhs in Q4 FY26.
- · Standalone Q4 net profit increased 43.4% sequentially from ₹1,608.40 Lakhs in Q3 FY26 to ₹2,306.36 Lakhs in Q4 FY26.
- · Standalone FY26 total income grew 16.5% YoY to ₹46,000.63 Lakhs from ₹39,503.96 Lakhs.
- · Standalone FY26 employee benefits expense increased 22.0% YoY to ₹8,395.54 Lakhs.
- · Consolidated FY26 total comprehensive income attributable to owners was ₹5,213.63 Lakhs, down from ₹9,404.02 Lakhs in FY25.
- · Non-controlling interest loss widened to ₹124.94 Lakhs in FY26 from ₹80.64 Lakhs in FY25.
- · The audit report issued by Statutory Auditors M/s Jhawar Mantri & Associates has an unmodified (clean) opinion.
- · The final dividend of ₹6 per share (60% of face value of ₹10) is subject to shareholder approval at the Annual General Meeting.
20-05-2026
Krishanveer Forge Limited has informed BSE that its Board of Directors will meet on May 27, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026, and to consider recommending a final dividend for FY2025-26. The trading window will remain closed until May 29, 2026, reopening on May 30, 2026.
- · Board meeting scheduled for Wednesday, May 27, 2026.
- · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026.
- · Agenda also includes consideration of a final dividend recommendation for FY2025-26.
- · Trading window closed from April 1, 2026, and will remain closed until May 29, 2026.
- · Trading window reopens on May 30, 2026.
20-05-2026
Welcast Steels Ltd. reported a net loss of ₹530.22 lakh for FY26 (vs. ₹33.74 lakh loss in FY25), driven by the permanent closure of its only plant on December 15, 2025. Revenue from operations collapsed to ₹4,897.35 lakh from ₹8,450.30 lakh in FY25, while an exceptional charge of ₹328.19 lakh was booked for closure costs. The Board did not recommend any dividend for FY26.
- · The company's only plant in Bengaluru was permanently shut down on December 15, 2025; factory licence and power facilities surrendered.
- · Financial statements prepared on a non-going concern basis; deferred tax assets written off.
- · No dividend recommended for FY26.
- · 54th Annual General Meeting scheduled for September 10, 2026 via video conferencing.
- · Auditors issued an unmodified opinion with an emphasis of matter regarding the plant closure.
- · Revenue from customers contributing ≥10% of total revenue declined to ₹1,631.78 lakh (FY26) from ₹1,829.32 lakh (FY25).
20-05-2026
Praj Industries Limited has informed the exchanges that a Board Meeting is scheduled for May 28, 2026, to consider and approve audited standalone and consolidated financial results for Q4 and the fiscal year ended March 31, 2026, and to recommend a final dividend for FY2025-26. The trading window for directors and designated persons will be closed from the date of this intimation until May 30, 2026, reopening on June 1, 2026.
- · Board Meeting date: Thursday, May 28, 2026
- · Agenda includes approval of Audited Financial Results (standalone and consolidated) for quarter and year ended March 31, 2026
- · Agenda includes recommendation of final dividend for FY 2025-26 (if any)
- · Trading window closes from date of intimation (May 20, 2026) until Saturday, May 30, 2026
- · Trading window reopens on Monday, June 1, 2026 (May 31 being Sunday)
- · Reference number: PIL/ANB/L-008/2026-27
- · Company code (NSE): PRAJIND, Security code (BSE): 522205
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