Executive Summary
The 37 filings for May 24, 2026, reveal a market dominated by routine board meeting notices for Q4/FY26 results, but several high-signal filings provide actionable intelligence.
Key themes include a clear divergence in profitability: while top-line growth is robust for companies like Universal Cables (revenue +24.7% YoY) and Belrise Industries (+14.2% YoY), profit margins are under severe pressure, with Sumedha Fiscal Services posting a Q4 net loss and HBL Engineering citing variable profitability on Kavach contracts. A major governance event is the forced resignation of a director at Universal Cables due to age limit rules, a key MCA watch item. Capital allocation is a mixed bag, with Belrise launching a massive ₹2,000 crore QIP while others recommend modest dividends. Forward-looking statements from HBL Engineering warn of significant quarterly volatility in FY27 due to external factors like the Gulf war, creating a high-risk, high-reward scenario. The data points to a market where operational efficiency and strategic capital management are becoming critical differentiators, with several companies facing margin compression despite revenue growth.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: Corporate governance · Company update
Tracking the trend? Catch up on the prior India Corporate Governance MCA ROC Filings digest from May 23, 2026.
Investment Signals (11)
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Standalone revenue grew 14.2% YoY (Q4) and 14.2% YoY (FY), with net profit growing 23.6% YoY in Q4. However, expenses grew faster (16.5% YoY), signaling margin pressure. The board approved a massive ₹2,000 crore QIP, which is highly dilutive but signals aggressive expansion plans. [BULLISH on revenue growth, BEARISH on dilution]
- Universal Cables ↓ (MIXED)▲
Revenue grew 24.7% YoY in Q4 and 25.5% YoY for FY, but PAT declined 19.5% YoY in Q4. The board approved a ₹73 crore tech upgrade and a ₹550 crore capacity expansion, indicating strong future growth visibility. The forced resignation of a director is a governance red flag.
- Sumedha Fiscal Services ↓ (BEARISH)▲
Full-year net profit declined 63.9% YoY to ₹237.62 Lakh, with a net loss of ₹211.11 Lakh in Q4 FY26 vs a profit of ₹57.51 Lakh in Q4 FY25. This is a severe deterioration driven by fair value losses. The dividend of Re. 1 is maintained but at risk.
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FY26 results were 'significantly better' than FY25, and Q4 sales improved YoY. However, Q4 profitability declined due to variable margins on Kavach contracts. Management's forward guidance for FY27 is bullish (sales and profit 'significantly better'), but warns of quarterly variability from the Gulf war. [BULLISH on long-term, BEARISH on near-term volatility]
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Shareholders overwhelmingly approved the appointment of an Independent Director and related party transactions (>99.99% votes in favor), but voter turnout was extremely low at ~18.6%, indicating low retail investor engagement. [NEUTRAL with governance concern]
- IREDA (BULLISH)▲
Board meeting on May 29 will now consider a final dividend for FY26, in addition to results. This is a positive signal for income-focused investors, especially given the company's strong position in the renewable energy sector.
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Board meeting on May 27 to consider raising funds via issuance of eligible securities. This could be a debt or equity raise, and the lack of clarity creates uncertainty. [NEUTRAL, watch for details]
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Shareholders approved shifting the registered office from Andhra Pradesh to Maharashtra and appointing new directors. This strategic relocation could signal a change in business focus or operational efficiency. [NEUTRAL, watch for execution]
- Larsen & Toubro ↓ (LOW SIGNAL)▲
Mr. Sanjeev Aga's tenure as Independent Director concluded on May 24, 2026. While routine, the departure of a seasoned independent director can sometimes signal governance shifts.
- MM Forgings ↓ (BULLISH)▲
Board meeting on May 27 will also consider a dividend declaration, in addition to results. This is a positive signal for shareholder returns.
- RIR Power Electronics ↓ (BULLISH)▲
Board meeting on May 28 will consider recommending a dividend for FY26. This is a positive signal for income investors.
Risk Flags (8)
- Universal Cables / Governance Risk↓ [HIGH RISK]▼
Director Shri Bachh Raj Nahar will cease to be a Director on June 13, 2026, because a special resolution for his continuation beyond age 75 was not passed. This is a direct MCA governance watch item and could signal board instability.
- ▼
Net profit declined 63.9% YoY for FY26, and the company posted a net loss in Q4 FY26. The loss is driven by fair value changes on investments, which could recur. Dividend sustainability is questionable.
- HBL Engineering / External Risk & Volatility↓ [HIGH RISK]▼
Management explicitly warns of quarterly profitability variability in FY27 due to the Gulf war impacting shipping, energy costs, and inflation. This introduces significant macro risk to earnings visibility.
- Belrise Industries / Dilution Risk↓ [HIGH RISK]▼
The board approved a QIP of up to ₹2,000 crore. This is a massive capital raise that will significantly dilute existing shareholders' equity. While growth-focused, it creates near-term downside risk for stock price.
- Bodhtree Consulting / Low Shareholder Engagement↓ [MEDIUM RISK]▼
Only 18.67% and 18.54% of outstanding shares were voted in the postal ballot, and only 49 out of 4,551 shareholders participated. This indicates apathy or lack of awareness, which can lead to governance issues.
- Multiple Companies / Trading Window Closure▼
20+ companies have closed their trading windows from April 1 to late May/early June. This creates a period of reduced liquidity and information asymmetry for all these stocks. [LOW RISK, but broad]
- Himatsingka Seide / Fundraising Uncertainty↓ [MEDIUM RISK]▼
The board will consider raising funds via 'eligible securities' without specifying debt or equity. If it's equity, it could be dilutive. The lack of clarity is a risk.
- Universal Cables / Margin Compression↓ [MEDIUM RISK]▼
Despite 24.7% YoY revenue growth in Q4, PAT declined 19.5% YoY. This suggests significant cost pressures or one-time charges that could persist.
Opportunities (8)
- Belrise Industries / Growth & Expansion↓ (OPPORTUNITY)◆
Strong 14.2% YoY revenue growth and a massive ₹2,000 crore QIP for expansion. Investors with a long-term horizon can capitalize on the company's aggressive growth plans, especially if the QIP is used for high-ROI projects.
- Universal Cables / Capacity Expansion↓ (OPPORTUNITY)◆
The company is investing ₹73 crore in tech upgradation and ₹550 crore in capacity expansion. This positions it well for future demand in the EHV cable segment. The current dip in PAT may be temporary.
- HBL Engineering / Turnaround Play↓ (OPPORTUNITY)◆
FY26 was 'significantly better' than FY25, and management expects FY27 to be even better. If the Gulf war risk subsides, the stock could see a strong re-rating. The current weakness is a buying opportunity for risk-tolerant investors.
- IREDA / Dividend Yield (OPPORTUNITY)◆
The board will consider a final dividend for FY26. Given IREDA's strong government backing and focus on renewable energy, this could offer a stable income stream with growth potential.
- MM Forgings / Dividend Catalyst↓ (OPPORTUNITY)◆
Board meeting on May 27 to consider dividend declaration. If the company announces a higher dividend, it could trigger a positive market reaction.
- RIR Power Electronics / Dividend Catalyst↓ (OPPORTUNITY)◆
Board meeting on May 28 to consider dividend recommendation. A positive dividend announcement could boost investor sentiment.
- PVV Infra / Strategic Relocation↓ (OPPORTUNITY)◆
The shift of registered office from Andhra Pradesh to Maharashtra could lead to operational efficiencies, better access to talent, or a strategic pivot. This is a potential catalyst to watch.
- Larsen & Toubro / Governance Stability↓ (OPPORTUNITY)◆
The departure of an Independent Director is routine, but L&T's strong governance framework suggests this will not disrupt operations. The stock remains a safe haven for long-term investors.
Sector Themes (5)
- Revenue Growth vs. Profitability Divergence◆
3 out of 5 companies with detailed financials (Universal Cables, Belrise, Sumedha) show revenue growth but margin compression or profit decline. This suggests broad-based cost inflation or pricing pressure across manufacturing and services sectors.
- Capital Raising Wave◆
Belrise Industries (₹2,000 crore QIP) and Himatsingka Seide (unspecified securities) are raising capital. This indicates a trend of companies strengthening balance sheets or funding expansion, but also creates dilution risk for shareholders.
- Dividend Focus in a Volatile Market◆
Multiple companies (MM Forgings, IREDA, RIR Power, Universal Cables) are considering or recommending dividends. This suggests management is prioritizing shareholder returns despite earnings volatility, a positive signal for income investors.
- Governance Scrutiny Intensifies◆
The forced resignation of a director at Universal Cables due to age limit rules is a direct outcome of MCA governance norms. This could be a precursor to similar actions at other companies, creating short-term uncertainty.
- External Macro Risks Hitting Earnings◆
HBL Engineering's explicit warning about the Gulf war impacting its Kavach business is a stark reminder that global geopolitical risks are now directly impacting Indian corporate earnings, especially in defense and energy-sensitive sectors.
Watch List (8)
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Watch for the 81st AGM where the dividend will be approved and the director's resignation takes effect on June 13. Any further board changes could impact stock. [Date: AGM date TBD, resignation June 13]
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Management warned of quarterly volatility. The first quarter results (likely July/August) will be critical to see if the Gulf war impact materializes. [Date: Q1 FY27 results expected late July]
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The ₹2,000 crore QIP will be closely watched for pricing (discount to market) and utilization. Any deviation from growth plans could be negative. [Date: QIP launch expected soon]
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After a disastrous Q4, the next quarter will reveal if the fair value losses are one-time or recurring. A further loss would be a major red flag. [Date: Q1 FY27 results expected late July]
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The board meeting on May 27 will reveal the mode of fundraising. If it's equity, watch for dilution. If debt, watch for interest cost impact. [Date: May 27, 2026]
- IREDA / Dividend Announcement👁
The board meeting on May 29 will decide the final dividend. The quantum will be a key indicator of management's confidence in future cash flows. [Date: May 29, 2026]
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After shifting its registered office to Maharashtra, watch for any changes in business strategy, new contracts, or operational improvements. [Date: Ongoing]
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The extremely low voter turnout (18.6%) is a governance concern. Watch for any activist investor interest or regulatory queries. [Date: Ongoing]
Filing Analyses
(37)
24-05-2026
Universal Cables Limited reported audited standalone financial results for Q4 and FY ended March 31, 2026. Revenue for the quarter grew 24.7% YoY to ₹84,027.26 lakh, while profit after tax declined 19.5% YoY to ₹2,174.55 lakh. For the full year, revenue increased 25.5% to ₹3,02,267.33 lakh and PAT rose 68.5% to ₹9,652.87 lakh. The Board recommended a dividend of ₹4.50 per share (45%) and approved a ₹73 crore technological upgradation plan for its EHV Cable facility, alongside a previously announced ₹550 crore capacity expansion. The company also approved raising up to ₹200 crore via NCDs.
- · The Board recommended a dividend of ₹4.50 per share (45%) for FY26, subject to shareholder approval at the 81st Annual General Meeting.
- · Shri Bachh Raj Nahar will cease to be a Director at the close of business on 13th June 2026 as the special resolution for his continuation beyond age 75 was not passed.
- · Shri Ajay Kumar Sharma was appointed as Company Secretary and Chief Compliance Officer effective 23rd May 2026.
- · The Board constituted a 'Debenture Issue & Allotment Committee' to facilitate the NCD issuance.
- · The standalone financial results for the quarter ended March 31, 2026 are the balancing figure between audited full-year figures and unaudited nine-month figures (up to December 31, 2025).
24-05-2026
MM Forgings Limited has informed the stock exchanges that a Board Meeting is scheduled for May 27, 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 specified persons has been closed from April 1, 2026, to May 30, 2026, during which trading in the company's equity shares is prohibited.
- · Board Meeting date: May 27, 2026
- · Trading window closure period: April 1, 2026 to May 30, 2026
- · Prior intimation of trading window closure was made on March 26, 2026
24-05-2026
Machhar Industries Limited announced its audited standalone financial results for the quarter and year ended March 31, 2026, approved by the board on May 23, 2026. The independent auditor issued an unmodified opinion, stating the financial statements give a true and fair view in conformity with Ind AS. The filing also includes related party transaction disclosures and confirmations of no deviation of issue proceeds and no outstanding defaults on loans.
- · Board meeting commenced at 12:30 PM and concluded at 6:30 PM on May 23, 2026.
- · No deviation or variation in proceeds from the preferential issue was reported.
- · No outstanding defaults on loans including revolving facilities from banks/financial institutions.
- · Related party transaction disclosures were enclosed as Annexure D.
- · The auditor confirmed no director is disqualified under Section 164(2) of the Companies Act, 2013.
- · The company has disclosed the impact of pending litigations on its financial position (Refer Note 35).
- · No amounts were required to be transferred to the Investor Education and Protection Fund.
- · Management represented that no funds have been advanced or received in a manner that would violate the provisions related to ultimate beneficiaries or funding parties.
24-05-2026
Machhar Industries Limited's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, receiving an unmodified (clean) audit opinion from Ashok R. Majethia & Co. The company reported no deviations in use of IPO proceeds, no outstanding defaults on loans, and disclosed related party transactions. No specific financial figures (revenue, profit, etc.) were provided in the filing, preventing a period-over-period comparison.
- · Board meeting commenced at 12:30 PM and concluded at 6:30 PM on May 23, 2026.
- · No deviation or variation in use of IPO proceeds was reported.
- · No outstanding defaults on loans or revolving facilities from banks/financial institutions.
- · Related party transactions were disclosed as per applicable format.
- · The auditor's report confirmed no disqualification of directors under Section 164(2) of the Companies Act.
- · No amounts were required to be transferred to the Investor Education and Protection Fund.
- · The company has disclosed the impact of pending litigations on its financial position (Refer Note 35).
- · Management represented that no funds were advanced or received in a manner that would violate the provisions related to ultimate beneficiaries or funding parties.
24-05-2026
Monotype India Ltd. has informed stock exchanges that its Board of Directors will meet on May 28, 2026, to consider and approve audited financial results for the quarter and year ended March 31, 2026, and to appoint an internal auditor for FY 2026-2027. The trading window for insiders remains closed until 48 hours after the results are made public.
- · Board meeting scheduled for May 28, 2026 at the registered office.
- · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026.
- · Agenda also includes appointment of Internal Auditor for FY 2026-2027.
- · Trading window closed for insiders until 48 hours after public disclosure of results.
24-05-2026
LGT Global Hospitality Limited (formerly LGT Business Connextions Limited) has informed BSE that a Board meeting will be held on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the half year and year ended March 31, 2026. The meeting is scheduled at 3:00 PM at the company's registered office in Chennai.
- · Board meeting scheduled for Friday, May 29, 2026 at 3:00 PM.
- · Agenda includes consideration and approval of draft audited standalone and consolidated financial results for the half year and year ended March 31, 2026.
- · Company name changed from LGT Business Connextions Limited to LGT Global Hospitality Limited.
- · Registered office located at No.18/1 & 18/2 (18), First Cross St., Brindavan Street Extn., West Mambalam, Chennai - 600033.
- · Company's CIN is L74999TN2016PLC112289.
24-05-2026
Machino Plastics Ltd has informed BSE that its Board of Directors will meet on May 30, 2026, via video conferencing to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The company has also closed its trading window for designated persons from April 1, 2026, until 48 hours after the results are made public (June 1, 2026), in compliance with insider trading regulations.
- · Board meeting scheduled for May 30, 2026 via video conferencing.
- · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026.
- · Trading window closed from April 1, 2026 to June 1, 2026 (48 hours after results public).
- · Information will be available on company website at https://machino.com/.
24-05-2026
SMT Engineering Limited has informed the stock exchange that a Board Meeting is scheduled for May 29, 2026, to consider and approve the audited standalone and consolidated financial results and statements for the quarter and financial year ended March 31, 2026. The trading window for insiders has been closed from May 24, 2026, until 48 hours after the results are declared.
- · Board meeting date: Friday, 29th May, 2026
- · Agenda includes approval of audited standalone and consolidated financial results and statements for Q4 and FY ended March 31, 2026
- · Trading window closed from May 24, 2026, until 48 hours after results declaration
- · Company was formerly known as Adarsh Mercantile Limited
24-05-2026
Aagam Capital Ltd has informed the stock exchange that a Board Meeting will be held on May 28, 2026 to consider and approve audited financial results for the quarter and year ended March 31, 2026, and to appoint the Internal Auditor for FY 2026-2027. The trading window for insiders remains closed until 48 hours after the results are made public. No financial figures or period-over-period comparisons are provided in this filing.
- · Board meeting scheduled for May 28, 2026 at the registered office.
- · Agenda includes: (1) Approval of audited financial results for Q4 and FY ended March 31, 2026; (2) Appointment of Internal Auditor for FY 2026-2027; (3) Any other business with chair's permission.
- · Trading window remains closed until 48 hours after results are made public, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
- · CIN: L65990MH1991PLC064631
- · Registered office: Premises No.2, 1st Floor, Rahimtoola House, 7 Homji Street, Fort, Mumbai-400001
24-05-2026
52 Weeks Entertainment Limited has informed the Bombay Stock Exchange 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, and to appoint an internal auditor for FY 2026-2027. The trading window for insiders remains closed until 48 hours after the results are made public. No financial figures or period-over-period comparisons are available in this filing.
- · Board meeting scheduled for May 29, 2026 at the registered office.
- · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026.
- · Agenda also includes appointment of an internal auditor for FY 2026-2027.
- · Trading window for directors, KMPs, designated employees, and connected persons remains closed until 48 hours after the results are made public.
24-05-2026
HBL Engineering Limited reported that FY26 overall results were significantly better than FY25, and Q4 FY26 sales improved year-over-year. However, Q4 profitability declined due to variable profitability on Kavach contracts and cumulative small provisions. Management expects FY27 sales and profit to be significantly better than FY26, but warns of quarterly variability primarily from the Kavach business and external factors like the Gulf war.
- · Q4 FY26 profitability decline attributed to variable profitability on Kavach contracts (beyond management control) and cumulative small provisions including maintenance obligations, labour code compliance, and R&D expenses.
- · FY27 quarterly profitability variability expected primarily due to Kavach business, with additional risks from Gulf war impact on shipping, energy costs, and inflation.
- · Management states that other high-tech, higher-margin businesses HBL has been investing in for years will become substantial sources of sales and profits in a few years.
24-05-2026
Pervasive Commodities Limited has informed BSE that a Board Meeting will be held on May 27, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting will take place at the registered office in Ahmedabad. No financial figures or prior period comparisons are provided in this filing.
- · Board meeting scheduled for Wednesday, 27th May 2026 at 5:00 PM.
- · Agenda includes audited financial results for Q4 and FY ended March 31, 2026, along with the Auditor's Report.
- · Meeting to be held at the registered office: C-806, Titanium City Canter, Near Sachin Tower, 100 Ft Road, Satellite, Ahmedabad, Gujarat – 380015.
- · Filing made pursuant to Regulation 29(1) of SEBI (LODR) Regulations, 2015.
24-05-2026
City Crops Agro Limited has informed BSE that a Board Meeting will be held on May 27, 2026, to consider and discuss the audited financial results for the half year and year ended March 31, 2026, along with the auditor's report. The meeting will take place at the registered office in Ahmedabad.
- · Board meeting scheduled for May 27, 2026 at 4:00 PM.
- · Agenda includes audited financial results for half year and year ended March 31, 2026.
- · Company CIN: U51200GJ2013PLC074296, Security ID: CCAL / Code: 544000.
24-05-2026
Darjeeling Industries Limited (formerly Darjeeling Ropeway Company Ltd) has informed BSE that a Board Meeting will be held on May 27, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The filing is a routine regulatory intimation under SEBI LODR regulations and contains no financial data or performance metrics.
- · Board meeting scheduled for Wednesday, 27th May 2026 at 4:00 PM at the registered office in Mumbai.
- · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026, along with the auditor's report.
- · Company name changed from Darjeeling Ropeway Company Limited to Darjeeling Industries Limited (CIN: L45202MH1936PLC294011).
- · Security ID: DARJEELING, BSE Code: 539770.
24-05-2026
Hilton Metal Forging Limited has informed the stock exchanges that a Board Meeting will be held on Friday, 29th May 2026, to consider and approve the audited financial results for the quarter ended 31st March 2026 and audited financial statements for the fiscal year ended 31st March 2026. Additionally, the trading window for designated persons and their relatives will remain closed from 1st April 2026 until 48 hours after the results are declared.
- · Trading window closure period: 1st April 2026 until 48 hours after the declaration of results.
- · The Board Meeting is scheduled for Friday, 29th May 2026.
- · The filing is a routine corporate governance disclosure regarding the upcoming board meeting and trading window closure.
24-05-2026
DSM Fresh Foods Limited has informed the stock exchange that a Board Meeting is scheduled for May 27, 2026, to consider and approve the audited financial statements for the fiscal 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 data are provided in this filing.
- · Board meeting scheduled for May 27, 2026 at 2:00 PM IST at the company's registered office.
- · Agenda includes adoption of audited financial statements for FY ended March 31, 2026 and any other business with Chair's permission.
- · Trading window remains closed for designated persons and their immediate relatives until 48 hours after the results declaration.
24-05-2026
Catvision Limited informed BSE that a Board Meeting will be held on May 28, 2026 to consider and approve 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 to May 30, 2026.
- · Trading window closed from April 1, 2026 to May 30, 2026 for directors, KMPs, designated employees and their immediate relatives.
- · Board meeting scheduled for May 28, 2026.
24-05-2026
Bodhtree Consulting Limited announced that both resolutions proposed in the Postal Ballot dated April 20, 2026, were approved by members with requisite majority on May 23, 2026. The resolutions included the appointment of Mr. Sreenivasa Rao Ravinuthala as an Independent Director (Special Resolution) and approval of Related Party Transactions for FY 2026-27 (Ordinary Resolution). The voter turnout was low, with only 18.67% and 18.54% of outstanding shares polled for the two resolutions respectively.
- · Record date for voting was April 17, 2026.
- · Remote e-voting period: April 24, 2026 to May 23, 2026.
- · Scrutinizer's report submitted on May 24, 2026.
- · No invalid votes were recorded for either resolution.
- · Promoter group voted 100% in favour on both resolutions, representing 25% of their shares polled.
- · Public non-institutions voted 99.94% in favour for Resolution 1 and 99.90% for Resolution 2.
24-05-2026
Bodhtree Consulting Limited announced that both resolutions proposed in the Postal Ballot Notice dated April 20, 2026, were approved by shareholders with requisite majority on May 23, 2026. The resolutions included the appointment of Mr. Sreenivasa Rao Ravinuthala as an Independent Director (Special Resolution) and approval of Related Party Transactions for FY 2026-27 (Ordinary Resolution). The voting saw overwhelming support from shareholders, with over 99.99% of votes cast in favor of each resolution, though overall voter turnout was low at approximately 18.67% and 18.54% of outstanding shares for the two resolutions respectively.
- · Record date for voting eligibility was April 17, 2026.
- · Remote e-voting period ran from 10:00 AM IST on April 24, 2026 to 5:00 PM IST on May 23, 2026.
- · Only 49 members out of 4,551 shareholders participated in the voting.
- · Promoter and Promoter group held 15,999,995 shares and voted entirely in favor of both resolutions via e-voting.
- · Public Non-Institutions held 5,855,575 shares; for Resolution 1, 81,797 votes were polled (1.3969% of outstanding) with 81,745 in favor and 52 against; for Resolution 2, 53,099 votes were polled (0.9068% of outstanding) with 53,046 in favor and 53 against.
- · Public Institutions (10,000 shares) did not vote on either resolution.
- · No invalid votes were recorded for either resolution.
- · The scrutinizer's report was submitted on May 24, 2026, and the resolutions were deemed passed on May 23, 2026 (last day of e-voting).
- · An advertisement regarding the postal ballot was published on April 23, 2026 in Financial Express (English) and Nava Telangana (Telugu).
24-05-2026
MM Forgings Limited informed exchanges that its Board meeting scheduled for May 27, 2026 will also consider and approve the declaration of dividend, if any, in addition to the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window is already closed from April 1, 2026 to May 30, 2026.
- · Board meeting date: May 27, 2026
- · Trading window closed from April 1, 2026 to May 30, 2026
- · Filing date: May 24, 2026
- · This is a supplementary intimation to the earlier announcement made on the same day regarding financial results
24-05-2026
Kalyani Cast-Tech Limited has informed BSE that a Board Meeting is scheduled for May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the year ended March 31, 2026. The meeting will be held at the company's registered office in Delhi at 4:00 PM. No financial figures or prior period comparisons are available in this filing.
- · Formerly known as Kalyani Cast Tech Private Limited
- · Company code on BSE: 544023
- · Registered office: B-144, 2nd Floor, DDA Shed, Okhla Industrial Area, Phase-I, Delhi-110020
- · Factory location: Village Mamria Thethar, Distt. Rewari (Haryana)
- · Meeting will consider both standalone and consolidated audited results for FY ended March 31, 2026
- · Meeting date: May 29, 2026 at 4:00 PM
24-05-2026
Sumedha Fiscal Services Ltd. reported audited standalone financial results for Q4 and FY ended March 31, 2026. While full-year total income grew 4.6% YoY to ₹11,024.24 Lakh, net profit declined sharply by 63.9% to ₹237.62 Lakh from ₹658.64 Lakh in FY25. The company posted a net loss of ₹211.11 Lakh in Q4 FY26 versus a profit of ₹57.51 Lakh in Q4 FY25, driven by a net loss on fair value changes and higher stock-in-trade purchases. The Board recommended a dividend of Re. 1 per equity share and reappointed M/s ALP & Associates as internal auditor for FY27.
- · The Board meeting commenced at 12:30 p.m. and concluded at 1:50 p.m. on May 24, 2026.
- · Auditor's report contains an unmodified opinion dated May 24, 2026.
- · The 37th Annual General Meeting is scheduled for August 20, 2026.
- · M/s ALP & Associates (Firm registration no. 328740E) reappointed as internal auditor for FY 2026-27.
- · Dividend of Re. 1 per equity share (face value ₹10) recommended, subject to shareholder approval.
- · Net loss on fair value changes for FY26 was ₹(28.70) Lakh vs a gain of ₹204.40 Lakh in FY25.
- · Employee benefits expense rose 26.0% YoY to ₹543.18 Lakh in FY26.
- · Other expenses declined 36.8% YoY to ₹294.61 Lakh in FY26.
24-05-2026
Stratmont Industries Limited has informed the stock exchange that a Board Meeting is scheduled for May 29, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The trading window has been closed from April 1, 2026, until 48 hours after the results declaration, in compliance with insider trading regulations.
- · Board meeting date: May 29, 2026 at 3:00 PM at the registered office in Mumbai.
- · Trading window closure period: April 1, 2026 to 48 hours after results declaration on May 29, 2026.
- · Regulation 29(1)(a) and Regulation 33 of SEBI LODR are cited as the basis for the intimation.
24-05-2026
Source Natural Foods & Herbal Suppl Ltd has informed the exchange that a Board Meeting is scheduled 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 has been closed from April 1, 2026, until 48 hours after the results announcement.
- · Board meeting date: May 28, 2026
- · Trading window closure period: April 1, 2026 to 48 hours after results announcement
- · Purpose: Consider and approve audited financial results for Q4 and FY ended March 31, 2026
24-05-2026
Vantage Knowledge Academy Limited has informed BSE that a Board meeting will be held on May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for designated persons has been closed since April 1, 2026, and will remain closed until 48 hours after the results are made public.
- · Board meeting date: May 30, 2026
- · Trading window closure: from April 1, 2026 until 48 hours after results publication
24-05-2026
Impera Worldwide Limited (formerly Rishabh Special Yarns Ltd) has informed the stock exchange that a Board Meeting will be held on May 27, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The trading window has been closed from April 1, 2026, until 48 hours after the results are declared. No financial figures or performance comparisons are provided in this filing.
- · Board meeting scheduled for May 27, 2026 at 4:00 PM at the registered office in Mumbai.
- · Trading window closed from April 1, 2026 until 48 hours after results declaration on May 27, 2026.
- · Company's CIN: L17114MH1987PLC451094, Scrip Code: 514177.
24-05-2026
Fraser And Company Limited has scheduled a Board Meeting on 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 designated persons is closed from April 1, 2026, to May 30, 2026, in compliance with insider trading regulations. No financial figures or performance comparisons are provided in this notice.
- · Board Meeting date: May 29, 2026 at 02:00 PM IST
- · Meeting location: House no 12, Plot no 6a, Ground floor- Sneh, Hissa no.1, Road no. 2, Abhinav ngr, Borivali (e), Mumbai- 400066
- · Trading window closure period: April 1, 2026 to May 30, 2026 (both days inclusive)
- · Scrip codes: BSE 539032/FRASER, CSE 016052
- · Company CIN: 151100MH1917PLC272418
24-05-2026
Himatsingka Seide Limited has informed the stock exchanges that a Board meeting is scheduled for May 27, 2026, to consider and approve raising funds through the issuance of eligible securities via permissible modes, subject to regulatory approvals. No financial results or prior-period comparisons are included in this filing.
- · Board meeting scheduled for Wednesday, May 27, 2026.
- · Agenda includes raising funds via issuance of eligible securities through permissible modes.
- · Subject to requisite regulatory and statutory approvals.
24-05-2026
RIR Power Electronics Limited has informed the stock exchange that a Board meeting will be held on May 28, 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 for FY2025-26, if any. The trading window has been closed since April 1, 2026, and will reopen 48 hours after the results are made public.
- · Trading window closed from April 1, 2026, until 48 hours after results announcement.
- · Board meeting scheduled for Thursday, May 28, 2026.
- · Agenda includes approval of audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2026, and recommendation of dividend for FY2025-26.
24-05-2026
PVV Infra Limited has announced the outcome of a postal ballot completed on May 24, 2026, where shareholders approved five key resolutions. These include shifting the registered office from Andhra Pradesh to Maharashtra, appointing Mr. Shubh Gangully as Managing Director, Mr. Gadde Rama Krishna as Whole-time Director, and Mr. Shrikant Pathak and Mr. Krishna Karthik Pothur as Independent Directors. The voting results will be communicated after receipt of the Scrutinizer report.
- · Postal ballot completed on May 24, 2026 at 5:00 PM.
- · Registered office shifting from Andhra Pradesh to Maharashtra requires consequential amendment in Memorandum of Association.
- · Voting results will be disclosed after receipt of the Scrutinizer report and posted on the company website www.pvvinfra.com.
- · Company CIN: L70102AP1995PLC111705, Scrip Code: PVVINFRA (536659).
24-05-2026
Waaree Technologies Limited has informed the stock exchange that a Board Meeting will be held on May 29, 2026, to consider and approve the audited financial results for the half year and year ended March 31, 2026, along with the Statement of Assets and Liabilities and Cash Flow Statements. The trading window for insiders has been closed from April 1, 2026, until 48 hours after the results are declared. No financial figures or performance trends are disclosed in this filing.
- · Board Meeting scheduled for May 29, 2026.
- · Agenda includes approval of audited financial results for half year and year ended March 31, 2026.
- · Trading window closed from April 1, 2026, until 48 hours after results declaration.
- · Filing made under Regulation 29 of SEBI (LODR) Regulations, 2015.
24-05-2026
Larsen & Toubro Limited informed exchanges that Mr. Sanjeev Aga concluded his tenure as an Independent Director effective May 24, 2026, upon completion of his second and final term. The company placed on record its appreciation for his contributions and guidance during his association.
- · Mr. Sanjeev Aga's DIN is 00022065.
- · His tenure concluded at the closing hours of May 24, 2026.
- · The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015.
- · The annexure confirms cessation was due to completion of second and final term, not resignation or removal.
24-05-2026
IREDA has informed stock exchanges that its Board meeting scheduled for May 29, 2026 will now also consider recommending a final dividend for FY2025-26, in addition to approving audited standalone and consolidated financial results for Q4 and FY2025-26. The trading window remains closed from April 1, 2026 until 48 hours after the results declaration.
- · Board meeting date: May 29, 2026
- · Agenda includes approval of audited standalone & consolidated financial results for quarter and year ended March 31, 2026
- · Board will also consider recommending final dividend for FY2025-26
- · Trading window closed from April 1, 2026 until 48 hours after results declaration
24-05-2026
Belrise Industries Limited reported strong standalone revenue growth of 14.2% YoY for Q4 FY26 (₹21,069.63 million vs ₹17,991.14 million) and 14.2% YoY for the full year (₹75,283.30 million vs ₹65,938.07 million). Consolidated revenue grew 12.2% YoY in Q4 (₹25,528.30 million vs ₹22,743.48 million) and 14.7% YoY for the full year (₹95,091.02 million vs ₹82,908.16 million). However, standalone net profit for Q4 grew only 23.6% YoY (₹1,362.65 million vs ₹1,102.93 million), while consolidated net profit grew 18.4% YoY (₹1,302.25 million vs ₹1,100.17 million). The Board recommended a final dividend of ₹0.55 per share and approved a QIP of up to INR 20,000 million, along with a corporate guarantee of EUR 3.3 million for a subsidiary's ECB facility.
- · Standalone total income for Q4 FY26 was ₹21,260.93 million, up from ₹18,113.81 million in Q4 FY25 (17.4% increase).
- · Consolidated total income for Q4 FY26 was ₹25,729.39 million, up from ₹22,846.42 million in Q4 FY25 (12.6% increase).
- · Standalone total expenses for Q4 FY26 were ₹19,475.45 million, up from ₹16,717.45 million in Q4 FY25 (16.5% increase).
- · Consolidated total expenses for Q4 FY26 were ₹23,997.14 million, up from ₹21,452.82 million in Q4 FY25 (11.9% increase).
- · Standalone other income for FY26 was ₹950.88 million, up from ₹647.76 million in FY25 (46.8% increase).
- · Consolidated other income for FY26 was ₹1,097.58 million, up from ₹616.31 million in FY25 (78.1% increase).
- · Standalone cash and cash equivalents surged to ₹7,497.53 million as at March 31, 2026 from ₹241.04 million a year earlier.
- · Consolidated cash and cash equivalents stood at ₹8,060.08 million as at March 31, 2026, up from ₹773.30 million.
- · Standalone total borrowings (non-current + current) decreased to ₹11,573.97 million from ₹26,437.81 million as at March 31, 2025.
- · Consolidated total borrowings decreased to ₹14,390.88 million from ₹28,996.73 million.
- · The Board recommended a final dividend of ₹0.55 per share (11% of face value), subject to shareholder approval.
- · The QIP of up to INR 20,000 million will be subject to shareholder approval via postal ballot.
- · Corporate guarantee of EUR 3,300,000 (110% of ECB facility) for subsidiary Belrise Defence and Aerospace Private Limited.
24-05-2026
AXISCADES Technologies Limited has informed stock exchanges that a Board Meeting will be held on May 27, 2026 to consider and approve audited financial results for Q4 and FY ending March 31, 2026. The trading window remains closed from April 1, 2026 to May 29, 2026.
- · Board meeting scheduled for May 27, 2026
- · Trading window closed from April 1, 2026 to May 29, 2026
- · Company formerly known as AXISCADES Engineering Technologies Limited
24-05-2026
Pagaria Energy Limited has informed BSE that a Board Meeting will be held on 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 remains closed until 48 hours after the results are declared.
- · Board meeting scheduled for Wednesday, 27th May 2026 at 2:30 p.m.
- · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026.
- · Trading window closed for directors, promoters, designated persons, and senior management until 48 hours after results declaration.
- · Company is registered under CIN L68100DL1991PLC043677.
24-05-2026
Dhenu Buildcon Infra Ltd has informed BSE that a Board Meeting will be held on May 30, 2026 to consider and take on record the audited financial results for the quarter and financial year ended March 31, 2026. The trading window has been closed from April 1, 2026 and will open 48 hours after the results announcement. No financial figures or performance data are provided in this intimation.
- · Board meeting scheduled for May 30, 2026 at the registered office in Mumbai.
- · Trading window closed from April 01, 2026 and will reopen 48 hours after results announcement.
- · Agenda includes audited financial results for Q4 and FY ended March 31, 2026, and audit report.
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