Executive Summary
Overnight filings from 48 Indian companies reveal FY26/Q4 earnings season dominated by mixed results: 12/20 reporting firms showed revenue growth averaging +20% YoY (range 4-57%), but 9/20 had PAT declines averaging -30% YoY amid (e.g., Walchand -80%, CMS -18.5%), driven by margin compression and one-offs.
Capital allocation trends positive with 10+ dividend declarations (e.g., Pearl Global ₹8.50, Allied Blenders ₹5.40) and buybacks (CMS ₹168 Cr), signaling shareholder returns amid profitability pressures. M&A activity notable (Pearl 9.99% stake USD 1.4M, Inventurus INR 11 Cr), alongside fund raises (Sarveshwar USD 100M, Allied ₹1000 Cr) and promoter infusions (Mac Hotels warrants, Sammaan IHC promoter). Sector themes include logistics weakness (Allcargo PAT -93%), consumer resilience (Sai Life PAT +97%), and positive guidance (Niyogin iServeU ₹125-135 Cr FY27). Legal risks flagged (Adani Green promoters' SEC penalties), but operational outlooks bullish in carbon/batteries (Rain Industries). Portfolio implication: Favor dividend payers with Q4 recovery (CMS, Pearl cons.); watch margin trends and May 20-22 board meetings for guidance.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: Corporate governance · Corporate action · M&A · Board meeting · Company update
Tracking the trend? Catch up on the prior India Pre-Market Regulatory Roundup digest from May 14, 2026.
Investment Signals (12)
-
FY26 revenue +4% YoY to ₹3479 L, Q4 +18% YoY, final dividend ₹1 (10%) despite PAT -36-80% YoY [MIXED/BULLISH ON DIVIDEND]
- Workmates Core2Cloud ↓ (BULLISH)▲
Declared interim dividend ₹2/share, new auditors/IR agency appointed post audited FY26 results
- Pearl Global Industries ↓ (BULLISH)▲
Cons revenue +11.6% YoY to ₹5025 Cr, NP +17% to ₹270 Cr, 2nd interim dividend ₹8.50 (170%), acquiring 9.99% stake USD 1.4M
- Mac Hotels ↓ (BULLISH)▲
Allotted 7.25L shares + 45.9L warrants at ₹45 to promoters/non-promoters, capital infusion post approvals
- Niyogin Fintech ↓ (BULLISH)▲
FY26 rev +57% YoY to ₹106 Cr, PBT turnaround to ₹4.7 Cr (ex-ESOP), AUM +26% to ₹352 Cr, iServeU FY27 guidance ₹125-135 Cr rev 25-30% EBITDA
- Rain Industries ↓ (BULLISH)▲
3-5yr CPC/CTP demand growth from Al smelters, battery materials expansion, limited West Asia risk (5% exposure)
- CMS Info Systems ↓ (BULLISH)▲
Q4 rev +2.4% QoQ to ₹633 Cr, EBITDA +14.9% QoQ 25.6% margin (+280 bps), buyback 3% shares @₹340 (₹168 Cr), FY27 guidance ₹2800-2900 Cr reaffirmed
- Pajson Agro ↓ (BULLISH)▲
FY26 income +37% YoY to ₹257 Cr, EBITDA +25%, PAT +21%, capacity util 86%, post-IPO expansion ₹39.5 Cr committed
- Sai Life Sciences ↓ (BULLISH)▲
FY26 standalone rev +31% YoY to ₹2153 Cr, PAT +97% to ₹341 Cr, debt reduction via IPO proceeds
- Centum Electronics ↓ (BULLISH)▲
Audited FY26 results unmodified, final dividend ₹5 (50%), ESOP allotment 18k shares
- Sammaan Capital ↓ (BULLISH)▲
New promoter IHC (USD 232B mcap) post open offer, director appt, rating upgrades, lower borrowing costs
- Allied Blenders ↓ (BULLISH ON YIELD)▲
Final dividend ₹5.40 (270%), fund raise up to ₹1000 Cr approved despite disputes
Risk Flags (10)
- Walchand Peoplefirst/PAT Decline↓ [HIGH RISK]▼
FY26 PAT -80.7% YoY to ₹35 L, Q4 PBT loss ₹3 L vs profit ₹62 L YoY
- Pearl Global/Standalone Weakness↓ [MEDIUM RISK]▼
Standalone rev -9.6% YoY to ₹1081 Cr, Q4 -23% QoQ
- CMS Info Systems/Profit Pressure↓ [MEDIUM RISK]▼
FY26 EBITDA -5.2% YoY, PAT -18.5% YoY despite Q4 recovery
- Pajson Agro/Margin Compression↓ [HIGH RISK]▼
H2 EBITDA margins -400 bps to 14% from raw cashew spikes, forex, receivables up
- Allcargo Logistics/Profit Collapse↓ [HIGH RISK]▼
FY26 profit -93% YoY to ₹5 Cr, rev +5% but expenses spike, demerger emphasis
- Nicco Parks/Modified Opinion↓ [HIGH RISK]▼
Audited results with modified auditor opinion from Lodha & Co
- Titan Company/Intl Loss↓ [MEDIUM RISK]▼
Q4 intl ops loss ₹82 Cr from GCC disturbances, unallocated losses +₹140 Cr
- Allied Blenders/Disputes↓ [HIGH RISK]▼
Auditor emphasis on ₹340 Cr Canteen dispute + ₹26 Cr tax + ₹19 Cr interest from IT search
- Adani Green Energy/Legal↓ [HIGH RISK]▼
Promoters consent to SEC penalties USD 18M total without admission, ongoing judgment
- Hubtown/Modified Opinion↓ [MEDIUM RISK]▼
Audited results with declaration on modified auditor opinion
Opportunities (10)
- Pearl Global/M&A↓ (OPPORTUNITY)◆
Additional 9.99% in PT Pinnacle @ USD 1.4M, cons growth +11.6% YoY, dividend yield
- Niyogin Fintech/Turnaround↓ (OPPORTUNITY)◆
NBFC PBT +ve ₹6.6 Cr from loss, iServeU order book ₹611 Cr, FY27 guidance strong
- CMS Info/Buyback + Guidance↓ (OPPORTUNITY)◆
3% buyback @₹340 (premium?), FY27 rev guide up, Q4 margin +280 bps QoQ
- Sai Life/Growth↓ (OPPORTUNITY)◆
Rev +31% YoY, PAT +97%, borrowings down, IPO funds utilised
- Inventurus/Acquisition↓ (OPPORTUNITY)◆
Completed 100% Arai Solutions for ₹11 Cr, strategic bolt-on
- Sammaan Capital/Promoter Backing↓ (OPPORTUNITY)◆
IHC promoter with USD 117B assets, tech/AI expertise, rating upgrades
- Sarveshwar Foods/Capital Raise↓ (OPPORTUNITY)◆
Up to USD 100M raise, borrowing limits x5, auth capital x2
- Rain Industries/Demand Tailwinds↓ (OPPORTUNITY)◆
3-5yr Al/carbon demand up, battery growth, pricing benefits
- Mac Hotels/Capital Infusion↓ (OPPORTUNITY)◆
Promoter warrants 45.9L @₹45, dilution controlled
- Centum Electronics/Dividend↓ (OPPORTUNITY)◆
₹5 final (50%), RSU plan execution
Sector Themes (6)
- Mixed Earnings in Consumer/Processing◆
6/10 cos (Pearl, Pajson, Allied, Sai Life, Titan) rev +11-37% YoY avg, but PAT/margins mixed (-400 bps Pajson H2, intl losses Titan); dividend focus offsets [IMPLICATION: Selective buys on yield]
- Logistics/Infra Weakness◆
Allcargo PAT -93% YoY, flat space mgmt 8M sq ft, but express vol +3%; PVV warrants raise amid director exits [IMPLICATION: Avoid till Q1 guidance]
- Capital Returns Surge◆
15/48 filings dividends (₹1-8.50/share, 10-270%), CMS buyback 3%, Nicco 25% final +100% interim; avg yield boost [IMPLICATION: Income strategies pre-record dates]
- Fintech/Housing Promoter Shifts◆
Niyogin turnaround +57% rev, Sammaan IHC promoter (USD 232B mcap) post open offer [IMPLICATION: Re-rating potential]
- Margin Recovery Q4◆
CMS +280 bps QoQ to 25.6%, Pearl cons strong Q4; vs FY compressions [IMPLICATION: Momentum plays]
- Fund Raises/Infusions◆
Sarveshwar USD100M, Allied ₹1000 Cr, PVV ₹50 Cr warrants, Mac promoter warrants [IMPLICATION: Growth funding, dilution risk]
Watch List (8)
- MIRC Electronics/Board Meeting↓ (UPCOMING RESULTS)👁
Audited FY26 results approval on May 20
-
Audited FY26 results on May 21, trading window reopens May 25 [RESULTS + TW]
- CMS Info/Buyback Record↓ (CAPITAL ALLOCATION)👁
May 22, post FY27 guidance reaffirm
- Pearl Global/Dividend Record↓ (YIELD EVENT)👁
May 21 for ₹8.50 interim
- Workmates Core2Cloud/Dividend Record↓ (YIELD EVENT)👁
May 22 for ₹2 interim
-
July 30 approval for ₹1 dividend, record July 17 [DIVIDEND + AGM]
-
July 6 for ₹5.40 dividend, record June 26; watch disputes [DIVIDEND + LITIGATION]
- Adani Green/SEC Judgment↓ (LEGAL RESOLUTION)👁
Await final judgment post May 15 consent filing
Filing Analyses
(48)
14-05-2026
The Board of Walchand Peoplefirst Limited approved the audited financial results for the quarter and FY ended March 31, 2026, with an unmodified auditor opinion; FY26 revenue from operations increased 4% YoY to ₹3479.21 Lakhs from ₹3346.65 Lakhs, and Q4 revenue grew 18% YoY to ₹1007.65 Lakhs from ₹851.40 Lakhs. However, Q4 FY26 reported a pre-tax loss of ₹3.23 Lakhs versus ₹62.41 Lakhs profit in Q4 FY25, and FY26 pre-tax profit declined 36% YoY to ₹136.77 Lakhs from ₹214.02 Lakhs. The Board recommended a final dividend of ₹1 per equity share (10% yield) subject to approval at the 106th AGM on July 30, 2026.
- · Record date for dividend: Friday, July 17, 2026.
- · Dividend payment on or from Monday, August 3, 2026 (subject to tax deduction).
- · 106th AGM on July 30, 2026 at 03:00 P.M. via video conference.
- · Trading window closed till May 16, 2026 for designated persons.
- · Audited by CNK & Associates LLP with unmodified opinion.
14-05-2026
The Board of Workmates Core2Cloud Solution Limited approved the Audited Standalone and Consolidated Financial Results for the half year and year ended March 31, 2026, with an unmodified auditor opinion. They declared an interim dividend of ₹2 per equity share of ₹10 face value, with record date on May 22, 2026. Additionally, the board appointed new secretarial auditor (M/s. Prateek Kohli & Associates), internal auditor (M/s. S A M P & Associates), and investor relations agency (Adfactors PR Private Limited) for FY 2026-27.
- · Board meeting held on May 14, 2026, from 6:00 P.M. to 6:40 P.M.
- · DIN of Debasish Sarkar: 01044732
- · Financial results for period ended March 31, 2026, reviewed by Audit Committee
14-05-2026
MIRC Electronics Limited issued a notice on May 14, 2026, for a Board of Directors meeting scheduled on Wednesday, May 20, 2026, to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026. The notice complies with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It is signed by Vijay Mansukhani, Chairman & Managing Director.
- · Scrip Code: BSE - 500279, NSE – MIRCELECTR
- · DIN: 01041809
- · Registered Office: Onida House, G-1, M.I.D.C, Mahakali Caves Road, Andheri (East), Mumbai-400 093
- · CIN No.: L32300MH1981PLC023637
- · Website: www.onida.com
14-05-2026
The Board of Walchand Peoplefirst Limited approved the audited financial results for Q4 and FY26 ended March 31, 2026, showing revenue from operations up 4% YoY to ₹3479.21 L for the year and up 18% YoY to ₹1007.65 L for the quarter, but with EPS declining sharply to ₹1.95 for FY26 from ₹6.21 in FY25. The Board recommended a final dividend of ₹1 per equity share (10% on face value of ₹10) subject to approval at the 106th AGM scheduled for July 30, 2026, with record date July 17, 2026. The statutory auditors issued an unmodified opinion, and the company operates in a single 'Training' segment.
- · Unmodified auditor opinion on FY26 financial results.
- · Trading window closed until May 16, 2026.
- · Single reporting segment: Training.
- · Q3 FY26 (unaudited) Revenue from Operations: ₹924.48 L.
14-05-2026
The Board of Walchand Peoplefirst Limited approved the audited financial results for Q4 and FY26 ended March 31, 2026, showing revenue from operations up 18.4% YoY in Q4 to ₹1007.65 L and 4.0% YoY for FY to ₹3479.21 L; however, the company reported a Q4 PBT loss of ₹(3.23) L versus profit of ₹62.41 L YoY, and FY26 PAT declined sharply 80.7% YoY to ₹34.71 L from ₹180.25 L. The Board recommended a final dividend of ₹1 per equity share (10%) subject to approval at the 106th AGM scheduled for July 30, 2026, with record date July 17, 2026.
- · Unmodified audit opinion issued by statutory auditors.
- · 106th AGM proposed for July 30, 2026 at 03:00 P.M. via video conference.
- · Record date for dividend: July 17, 2026.
- · Dividend payment on or after August 3, 2026, if approved.
- · Trading window closed until May 16, 2026.
- · Single reporting segment: Training.
14-05-2026
RAIN Industries Limited's management commentary on Q1 2026 unaudited results highlights steadily increasing demand for CPC and CTP over 3-5 years from aluminium smelter restarts in North America, Europe, and Asia, with the company well-positioned via its global footprint and customer relationships. Carbon segment demand improved primarily from higher offtake by existing customers in aluminium (especially India) and graphite electrodes, alongside selective new wins in Europe, while battery materials grow from a small base. Geopolitical tensions in West Asia pose limited risk with modest exposure (approx. 5% in Calcination), no material impact on 2026 volumes expected, and some pricing benefits observed.
- · No direct lockstep between crude oil and GPC/CPC pricing; focus on passing through raw material costs.
- · Battery materials demand for GPC is manageable and non-structural risk to CPC due to dominant aluminium use.
- · Integration of Carbon Distillation output into Advanced Materials for higher-value products and freight optimization.
- · New Indonesian aluminium smelters importing carbon anodes rather than CPC.
14-05-2026
The Board approved audited financial results for Q4 and FY26 ended March 31, 2026, showing FY revenue from operations up 3.95% YoY to ₹3479.21 L, but PAT down 40.6% YoY to ₹107.08 L with Q4 reporting a pre-tax loss of ₹(3.23) L versus prior year Q4 profit. Recommended final dividend of ₹1 per share (10% on ₹10 face value) subject to approval at the 106th AGM on July 30, 2026, with record date July 17, 2026, and payment from August 3, 2026; auditor issued unmodified opinion.
- · Single reporting segment: Training.
- · Auditor's report: unmodified opinion.
- · Trading window closed until May 16, 2026.
- · Other Equity (excl. revaluation reserve): ₹2769.48 L (FY26) vs ₹2443.54 L (FY25).
14-05-2026
Pearl Global Industries approved audited FY26 financial results with consolidated revenue up 11.6% YoY to ₹5,02,459.78 lakh and net profit up 17.0% YoY to ₹27,002.83 lakh, driven by strong Q4 performance; however, standalone revenue declined 9.6% YoY to ₹1,08,128.83 lakh with Q4 also down 23.4% QoQ. The board declared a second interim dividend of Rs.8.50 per equity share (170% on Rs.5 face value, totaling ₹3,923.57 lakh, record date May 21, 2026) and approved acquiring an additional 9.99% stake in step-down subsidiary PT Pinnacle Apparels for USD 1.406 Million, increasing holding to 99.92%. Additional actions include appointing Mr. Rajesh Kumar Singh as Non-Executive Independent Director and re-appointing Ernst & Young LLP as Internal Auditors.
- · Re-appointment of M/s. Ernst & Young LLP as Internal Auditors from April 01, 2026 to March 31, 2027.
- · Incorporation of new step-down subsidiary Pearl Global Fashion Singapore Pte. Ltd. on March 27, 2026.
- · Exceptional items: Consolidated ₹123.08 lakh loss/gain on sale of PPE FY26; Standalone ₹103.84 lakh.
- · Paid-up equity share capital ₹2,307.30 lakh as at March 31, 2026.
14-05-2026
Mac Hotels Limited's Board approved the allotment of 7,25,133 equity shares of face value Rs. 10 each at Rs. 45 per share (premium Rs. 35), increasing the issued, subscribed, and paid-up equity share capital to Rs. 6,35,64,210 divided into 63,56,421 shares. The Board also allotted 45,91,903 fully convertible equity warrants at Rs. 45 each, with Rs. 5,16,58,908.75 received upfront (25% subscription), and the balance payable on conversion within 18 months. This preferential issue to 45 allottees, including promoters and non-promoters, follows prior shareholder and BSE approvals.
- · Equity shares allotted to 15 non-promoter allottees; warrants to 30 promoter/promoter group allottees.
- · Warrants exercisable into equity shares at balance price of Rs. 33.75 per warrant.
- · Prior approvals: Board on Feb 19/20 2026, shareholders on March 21 2026, BSE in-principle on April 29 2026.
- · Allotment compliant with SEBI ICDR Regulations 2018; new shares rank pari passu and to be listed on BSE.
14-05-2026
Niyogin Fintech Limited achieved FY26 consolidated profitability with net revenues up 57% YoY to ₹106.0 Cr and PBT (ex-ESOP) of ₹4.7 Cr versus a loss of ₹19.0 Cr in FY25, driven by iServeU net revenues of ₹74.7 Cr (up from ₹39.6 Cr) and NBFC PBT (ex-ESOP) turnaround to ₹6.6 Cr from a loss of ₹6.7 Cr, alongside AUM growth to ₹352 Cr (+26% YoY). However, Q4 FY26 consolidated net revenues declined 7% QoQ to ₹27.0 Cr and PBT (ex-ESOP) fell 27% QoQ to ₹1.7 Cr, despite iServeU core revenue growth of 55% QoQ to ₹21 Cr. The company secured RBI approval for demerger and iServeU's order book stands at ~₹611 Cr across 45 contracts.
- · Raised ₹171 Cr total funding in FY26 including listed NCDs.
- · NBFC borrowings at Rs. 124 Cr with debt-to-equity below 1.0.
- · iServeU FY27 guidance: Rs125-135 Cr net revenue, 25-30% EBITDA margins.
- · NBFC FY27 guidance: Rs 520-550 Cr AUM, Rs 11-12 Cr net profit.
- · Partnerships and alliances contribute ~87% of NBFC AUM.
14-05-2026
Pearl Global Industries Limited's Board approved audited FY26 financial results, with consolidated revenue from operations growing 11.5% YoY to ₹5,02,459.78 Lakh and net profit rising 17.0% to ₹27,002.83 Lakh, driven by strong subsidiary performance; however, standalone revenue declined 9.6% YoY to ₹1,08,128.83 Lakh amid a sharper 23.5% Q4 drop to ₹30,428.35 Lakh. The Board declared a second interim dividend of ₹8.50 per share (170% on ₹5 face value, totaling ₹3,923.57 Lakh), appointed Mr. Rajesh Kumar Singh as Additional Independent Director, re-appointed Ernst & Young LLP as Internal Auditors, and approved acquiring an additional 9.99% stake in step-down subsidiary PT Pinnacle Apparels for USD 1.406 Million.
- · Record date for dividend: May 21, 2026
- · Board meeting held May 14, 2026, from 5:00 PM to 7:05 PM
- · New step-down subsidiary Pearl Global Fashion Singapore Pte. Ltd. incorporated March 27, 2026
- · Exceptional items (loss/gain on sale of PPE): Consolidated ₹123.08 Lakh FY26; Standalone ₹103.84 Lakh FY26
- · Unmodified audit opinion on financial results
14-05-2026
Pearl Global Industries approved audited FY26 financial results showing consolidated revenue growth of 11.5% YoY to ₹5,02,459.78 L and net profit up 17.0% to ₹27,002.83 L; however, standalone revenue declined 9.6% YoY to ₹1,08,128.83 L with Q4 revenue down 23.4% to ₹30,428.35 L. The board declared a second interim dividend of ₹8.50 per share (170% on ₹5 FV, totaling ₹3,923.57 L) with record date May 21, 2026, appointed Mr. Rajesh Kumar Singh as Additional Independent Director, re-appointed Ernst & Young LLP as internal auditors, and approved acquisition of additional 9.99% stake in PT Pinnacle Apparels for USD 1.406 Million.
- · Exceptional items: Consolidated ₹123.08 L loss on sale of PPE FY26; Standalone ₹103.84 L.
- · Paid-up equity share capital: ₹2,307.30 L.
- · Consolidated EPS Basic FY26: ₹60.34.
- · New step-down subsidiary Pearl Global Fashion Singapore Pte. Ltd. incorporated March 27, 2026.
- · Employee stock options expense: Consolidated ₹395.66 L, Standalone ₹321.23 L FY26.
14-05-2026
Kirloskar Oil Engines Limited conducted a conference call for investors and analysts on May 14, 2026, at 7:00 p.m. IST to discuss the audited financial results for the quarter and year ended March 31, 2026. The audio recording of the call is available on the company's website at www.kirloskaroilengines.com. This update is in continuation of prior communications dated May 11 and 14, 2026, pursuant to SEBI LODR Regulations 30.
- · BSE Scrip Code: 533293
- · NSE Scrip Code: KIRLOSENG
- · Conference call pursuant to SEBI (LODR) Regulations 30
14-05-2026
Pajson Agro India Ltd reported robust FY26 performance with total income up 37.19% YoY to ₹256.92 Cr, EBITDA +24.98% YoY, PAT +21.4% YoY, and H2 income +37.38% YoY to ₹138.5 Cr; the company achieved 86% capacity utilization at its 18,000 MT facility and grew its Royal Mewa brand over 6.5x. However, H2 EBITDA grew only 18.7% YoY with PAT +8.97% amid margin compression from raw cashew price spikes, forex fluctuations (10.5% currency movement), and shipping disruptions, causing EBITDA margins to dip from ~18% in H1 to 14% in H2; trade receivables also increased due to credit terms with institutional clients. Post-IPO (₹74.45 Cr raised), ₹39.53 Cr committed to greenfield expansion, with net worth at ₹136.03 Cr.
- · Sourcing nearly 60% raw cashew nuts from West Africa (Cote d'Ivoire, Guinea-Bissau etc.) via farm-gate relationships and local agents.
- · 96% raw materials received from group company in Dubai, but no disruptions from Middle East tensions as shipments direct from Africa.
- · IPO proceeds primarily for second processing facility; project to lower per-unit conversion costs via automation.
- · Union Budget 2026-27 focus on domestic cashew processing seen as favorable.
14-05-2026
Refex Renewables & Infrastructure Limited has scheduled a Board of Directors meeting on May 21, 2026, to consider and approve the Audited Financial Results for the 4th quarter and financial year ended March 31, 2026, on both standalone and consolidated basis. The Trading Window for dealing in the company's securities by designated persons and insiders remains closed from April 1, 2026, and will reopen on May 25, 2026.
- · Intimation in compliance with Regulation 29(1) of SEBI Listing Regulations.
- · Trading Window closure in continuation of earlier intimation dated March 27, 2026, per SEBI (Prohibition of Insider Trading) Regulations, 2015.
14-05-2026
Inventurus Knowledge Solutions Limited has completed the acquisition of 10,000 equity shares of INR 10/- each in Arai Solutions Private Limited for a total consideration of INR 11,00,00,000. This update, submitted under Regulation 30(7) of SEBI LODR Regulations, confirms the finalization of the transaction initially disclosed on May 13, 2026. No other financial impacts or performance metrics were detailed in the filing.
- · Filing submitted to BSE (Scrip Code: 544309) and NSE (Symbol: IKS)
- · Reference to initial disclosure on May 13, 2026 under Regulation 30 of SEBI LODR Regulations
14-05-2026
Tata Motors Passenger Vehicles Limited informed BSE Limited and National Stock Exchange of India Ltd. that the audio recording of the earnings conference call discussing financial results for the fourth quarter and financial year ended March 31, 2026, is available on the company's website. The recording link is https://cars.tatamotors.com/content/dam/Corporate-Section/quarterly_results/2025-2026/Q4FY26-Recording.mp4. This disclosure complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following an earlier letter dated May 5, 2026.
- · Sc no.- 18916
- · Previous letter sc no. 18906 dated May 5, 2026
- · Company formerly known as Tata Motors Limited
14-05-2026
CMS Info Systems reported FY26 consolidated total revenue of ₹2,487 Cr (+2.6% YoY) and services revenue of ₹2,312 Cr (+5.8% YoY), but EBITDA declined 5.2% YoY to ₹600 Cr and PAT fell 18.5% YoY to ₹303 Cr; however, Q4 showed strong sequential recovery with total revenue at ₹633 Cr (+2.4% QoQ), services revenue at ₹609 Cr (+5.5% QoQ, first time crossing ₹600 Cr), EBITDA at ₹162 Cr (+14.9% QoQ) with 25.6% margin (+280 bps QoQ), and PAT at ₹79 Cr (+38% QoQ). The Board recommended a final dividend of ₹2.50 per share (total FY26 dividend ₹5.25 per share subject to AGM approval) and approved a buyback of up to 49,39,126 equity shares (3% of paid-up capital) at ₹340 per share for ~₹168 Cr. FY27 revenue guidance reaffirmed at ₹2,800–2,900 Cr total and ₹2,700–2,800 Cr services.
- · Auditor’s Report by BSR & Co. LLP issued unmodified opinion on standalone and consolidated financial results.
- · Record date for buyback: Friday, May 22, 2026.
- · 19th AGM notice approved; final dividend and buyback subject to shareholder approval.
- · Cash Logistics market share rose 200 bps in FY26; Managed Services position improved from #5 to #3.
- · Technology & Payment Solutions contributes 16% of services revenue (up from 12% in FY25).
- · 36% BFSI market share post Securens acquisition with 50,000+ sites.
- · Analyst conference call: May 15, 2026, at 12 pm IST.
14-05-2026
Mold-Tek Technologies Limited has disclosed and uploaded the audio recording of its investor conference call held on May 14, 2026, at 4:30 PM IST, to discuss Q4 FY26 results. The recording is available on the company's website at https://www.moldtekengineering.com/assets/audio/Audio-recording-of-Con-call-14.05.2026.mp3. This intimation is pursuant to Regulation 30 of SEBI (LODR) Regulations 2015.
- · Scrip Code: 526263, Symbol: MOLDTECH-EQ
- · CIN No: L25200TG1985PLC005631
- · Registered Office: Plot No.700, Door No.8-2-293/82/A/700, Road No.36, Jubilee Hills, Hyderabad – 500033, Telangana, India
14-05-2026
Sarveshwar Foods Limited's Board approved raising funds through various instruments up to USD 100 Million or equivalent, increasing authorized capital from ₹160,00,00,000 to ₹3,10,00,00,000, and enhancing borrowing limits from ₹200,00,00,000 to ₹10,00,00,00,000, all subject to shareholder and regulatory approvals. The Board also approved re-appointment of Mr. Mubarak Singh as Independent Director for 5 years from June 27, 2026, alterations to the Memorandum of Association, and limits for loans/investments/guarantees under Sections 185 and 186 up to ₹25,00,00,000 each. No financial performance metrics or declines were discussed.
- · Board meeting held on May 14, 2026, from 3:00 P.M. to 7:30 P.M.
- · Re-appointment of Mr. Mubarak Singh (DIN: 10212076) for second term from June 27, 2026, to June 26, 2031.
- · Approval of Postal Ballot notice and appointment of Mr. Suresh Pillay as e-voting scrutinizer.
14-05-2026
Shadowfax Technologies Ltd disclosed the availability of the audio recording for its Q4 FY26 Earnings Conference Call, held on May 14, 2026, on its website pursuant to Regulation 30 of SEBI Listing Regulations. This follows an intimation dated May 11, 2026. The recording is accessible at https://www.shadowfax.in/investor-relations/financials.
- · NSE Symbol: SHADOWFAX
- · BSE Scrip Code: 544685
- · ICSI Membership No. A17291
14-05-2026
CMS Info Systems reported FY26 consolidated total revenue of ₹2,487 Cr (+2.6% YoY) and services revenue of ₹2,312 Cr (+5.8% YoY), but EBITDA declined 5.2% YoY to ₹600 Cr and PAT fell 18.5% YoY to ₹303 Cr amid a challenging year. Q4 FY26 showed sequential recovery with total revenue at ₹633 Cr (+2.4% QoQ), services revenue at ₹609 Cr (+5.5% QoQ), EBITDA at ₹162 Cr (+14.9% QoQ), and PAT at ₹79 Cr (+38% QoQ), with EBITDA margin expanding 280 bps to 25.6%. The Board approved a buyback of up to 49,39,126 equity shares (3% of paid-up capital) at ₹340 per share for ~₹168 Cr, recommended a final dividend of ₹2.50 per share (total FY26 dividend ₹5.25 per share), and reaffirmed FY27 revenue guidance of ₹2,800–2,900 Cr.
- · Record date for buyback: Friday, May 22, 2026
- · Buyback Committee formed to oversee implementation
- · Final dividend subject to approval at 19th AGM
- · FY27 guidance: services revenue ₹2,700–2,800 Cr (17-21% growth)
- · Cash Logistics market share rose 200 bps in FY26; Managed Services position improved from #5 to #3
- · Technology & Payment Solutions contributes 16% of services revenue (up from 12% in FY25)
- · 36% BFSI market share post Securens acquisition with 50,000+ sites
- · Auditor’s Report: unmodified opinion by BSR & Co. LLP
14-05-2026
Industrial And Prudential Investment Company Limited has intimated BSE Limited that a Board of Directors meeting is scheduled for May 22, 2026, to consider and approve the Audited Financial Results (standalone and consolidated) for the quarter and financial year ended March 31, 2026, pursuant to Regulation 33 of SEBI LODR Regulations, 2015. The meeting will also consider the recommendation of dividend for the financial year ended March 31, 2026. The trading window for dealing in the company's shares remains closed from April 1, 2026, till 48 hours after the declaration of these financial results, in line with the company's Code of Conduct under SEBI Insider Trading Regulations.
- · Intimation under Regulation 29 of SEBI (LODR) Regulations, 2015
- · Company website: www.industrialprudential.com
- · Shilpishree Choudhary Membership No.: A39659
14-05-2026
The Board of Directors of Nicco Parks & Resorts Ltd. approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with a modified opinion from statutory auditors M/s. Lodha & Co, LLP. The Board also recommended a final dividend of 25% (Re. 0.25 per share on Rs. 1/- face value) subject to AGM approval, in addition to the interim dividend of 100% (Rs. 1.00 per share) already declared and paid. While the dividends provide positive returns to shareholders, the modified audit opinion raises concerns about financial reporting qualifications.
- · Audit committee reviewed financial results on May 14, 2026 prior to board meeting.
- · Board meeting held on May 14, 2026 from 12:30 p.m. to 5:45 p.m.
- · Scrip/Company Code: 526721/Niccopar
- · CIN: L92419WB1989PLC046487
- · Information available on www.niccoparks.com
14-05-2026
Voltas Limited disclosed the availability of the audio recording of its Q4FY26 Results Conference Call held on May 14, 2026, on the company's website, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The recording follows an earlier letter dated May 11, 2026, and can be accessed via https://www.voltas.in/storage/Investor/schedule-announcements/audio/10043155.mp3. No financial metrics or performance details were provided in this filing.
- · Scrip Code: 500575
- · NSE Symbol: VOLTAS
- · Corporate Identity Number: L29308MH1954PLC009371
14-05-2026
Hubtown Limited's Board of Directors, in its meeting on May 14, 2026, approved the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026, along with the Auditor’s report and Declaration on modified opinion. The Board also approved the appointment of M/s. Pipara & Co. LLP as Internal Auditors and M/s. Shekhar Joshi & Co. as Cost Auditors for FY 2026-27, based on Audit and Compliance Committee recommendations. Trading window for insiders reopens on May 16, 2026.
- · Scrip Code: 532799, Symbol: HUBTOWN
- · Board meeting commenced at 06:00 P.M. and concluded at 08:25 P.M. on May 14, 2026
- · Internal Auditor FRN: 107929W/W100219; Cost Auditor FRN: 100448
14-05-2026
Allcargo Logistics Limited's Board approved audited standalone financial results for FY26 ending March 31, 2026, showing revenue from operations up 5% YoY to ₹2,058 Cr, but total profit sharply declined 93% YoY to ₹5 Cr from ₹76 Cr amid higher expenses and lower exceptional items. Auditors issued an unmodified opinion with emphasis on a demerger (approved Oct 10, 2025) and prior-year income tax search operations. The Board also approved continuation of Independent Director Mr. Dinesh Kumar Lal past age 75 (subject to shareholder vote) and the 33rd AGM on September 16, 2026.
- · Auditors issued unmodified opinion; emphasis on Note 9(A) demerger accounting overriding Ind AS and Note 7 Income Tax search in FY25 at company premises and KMP residences.
- · Board meeting held May 14, 2026, from 5:10 PM to 9:30 PM IST.
- · EPS Basic (total operations) FY26: ₹0.03 (FY25: ₹0.50).
- · Results for FY25 restated per Note 9.
14-05-2026
Tata Motors Passenger Vehicles Limited has announced an Investor Day for its India business on June 23, 2026, in Mumbai, with interest expression deadline of May 30, 2026, and confirmation by June 15, 2026. Jaguar Land Rover Automotive Plc, its wholly owned subsidiary, will host a separate Investor Day on June 17, 2026, at Gaydon, Warwickshire. Presentations and event recordings will be available on the respective company websites post-event.
- · TMPV India registration link: https://cars.tatamotors.com/investor-day-2026-registration.html; IR contact: tmpvinvestorday2026@tatamotors.com
- · JLR registration via: JLR Media Newsroom (https://www.jlr.com/investor-relations); IR contact: investor@jaguarlandrover.com
- · Event materials available at: https://cars.tatamotors.com/investors/overview.html (TMPV) and https://www.jlr.com/investor-relations (JLR)
- · Admission to TMPV event at sole discretion of the Company due to limited seating
14-05-2026
Sai Life Sciences Limited approved audited standalone financial results for FY26 ended 31 March 2026, reporting revenue growth of 31.1% YoY to ₹21,532.26 million and PAT increase of 96.9% YoY to ₹3,414.81 million, driven by operational efficiencies and reduced finance costs. However, Q4 FY26 revenue grew modestly 4.8% YoY to ₹5,943.40 million, with a net exceptional expense of ₹80.01 million related to Labour Codes implementation and a total comprehensive income impacted by OCI loss of ₹282.22 million. The balance sheet expanded with total assets at ₹36,028.16 million, supported by higher PPE at ₹14,808.39 million, while borrowings decreased.
- · IPO proceeds of ₹9,098.84 million fully utilised by 31 Mar 2026 for debt repayment and general corporate purposes.
- · Labour Codes implementation led to net exceptional expense of ₹80.01 million in FY26.
- · Net cash used in investing activities reduced to ₹3,927.13 million from ₹5,647.13 million YoY.
- · Equity share capital increased to ₹211.78 million from ₹208.41 million.
14-05-2026
EPL Limited has uploaded the audio recording of the Investors' Conference Call held on May 14, 2026, to discuss the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The recording is available on the company's website at https://www.eplglobal.com/news-media/#multimedia, in compliance with Regulation 30 of SEBI LODR Regulations. This follows the prior intimation dated May 8, 2026.
- · Scrip Code: 500135 (BSE)
- · Trading Symbol: EPL (NSE)
- · ISIN: INE255A01020
- · ICSI Membership No.: A30636
14-05-2026
The Board of Allcargo Logistics Limited approved on May 14, 2026, the acquisition of 2 equity shares (face value ₹10 each) in Allcargo Group Services Private Limited (formerly Allcargo Warehousing Management Private Limited) at ₹1,76,840 per share via private placement, securing a 25% stake. This related party transaction at arm's length aims to enable group companies to share profits, governance, and corporate/shared service costs. The target entity operates in logistics, has nil turnover, and authorized capital of ₹1,00,00,000.
- · Target entity turnover: Nil (last 3 years)
- · Industry: Logistics
- · Date of incorporation: September 1, 2018
- · No governmental or regulatory approvals required
- · Indicative completion: Financial Year 2026-27
- · Consideration: Cash through banking channels
- · Related party: Promoters, promoter group, and group companies have interest via same promoter group
14-05-2026
Bagmane Prime Office REIT submitted its unitholding pattern one day prior to listing as per SEBI (REIT) Regulations 2014, revealing sponsor and sponsor group holding 82.81% (2,81,55,34,147 units) out of total outstanding units of 3,40,00,00,000. Public holding stands at 17.19% (58,44,65,853 units), with institutions comprising 10.98% and non-institutions 6.21%; no units are pledged across categories.
- · Institutional public breakdown: Mutual Funds 1.59% (5,41,98,424 units), Insurance Companies 1.74% (5,92,34,219 units), Foreign Bodies Corporate 3.18% (10,79,65,854 units), AIF 2.65% (9,02,44,282 units).
- · Non-institutional public includes Bodies Corporates 2.68% (9,10,56,675 units) and Individuals 3.35% (11,39,65,453 units).
14-05-2026
The Board of Directors of PVV Infra Limited approved increasing the authorized share capital from ₹120,00,00,000 (₹120 Cr) to ₹170,00,00,000 (₹170 Cr) and issuing up to 6,65,00,000 convertible equity share warrants at ₹7.50 each, aggregating ₹49,87,50,000 (₹49.875 Cr), on a preferential basis to promoters and public allottees, subject to EGM approval. The board also appointed Mrs. Deepika Sharma as Independent Director for 5 years and granted power of attorney to Managing Director Shubh Gangully for NHAI way side amenities bids across 8 sites. However, it noted the resignations of two Independent Directors, Mrs. Sabbana Nagamani and Mr. Hebbagilumane Nagaraj, effective May 14, 2026.
- · Warrants convertible into equity shares within 18 months upon full payment, ranking pari passu with existing shares.
- · EGM notice approved for shareholder approvals on capital increase, warrant issue, and new ID appointment.
- · NHAI bid sites include locations in Andhra Pradesh, Madhya Pradesh, and Uttar Pradesh with land areas ranging from 2.00 Ha to 12.75 Ha.
14-05-2026
Allcargo Logistics Limited released an investor presentation for Q4 & FY26 financials ahead of the earnings conference call on May 15, 2026, reporting consolidated revenue from operations at ₹1,961 Cr in Q4FY26, down 5% YoY, with gross profit at ₹513 Cr also declining. While express volume grew 3% YoY and EBITDA rose slightly to ₹154 Cr, consultative logistics revenue showed -1% changes in segments and space under management remained flat at 8.0 Mn sq ft. The merger of express and consultative logistics businesses highlights potential cross-selling synergies, expanding addressable customer spend 4x-6x from ₹8.0-9.5 Bn to ₹45.0-50.0 Bn for top customers.
- · Earnings Conference Call scheduled on May 15, 2026 at 03:30 PM (IST)
- · Realization per ton Q4FY26: ₹12,037
- · Over 9,000 trucks in fleet
- · Projected B2B Express Logistics market size growth from ₹35 K Cr in FY24 to ₹64 K Cr in FY30
- · ROCE FY25: 5%; projected ~2000+ bps improvement by FY30
- · Revenue mix FY26: Express Logistics 19%-23%, Consultative Logistics 79%
14-05-2026
Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) has intimated that a Board of Directors meeting will be held on May 20, 2026, to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The board will also evaluate raising funds through the issuance of any kind(s) of debt securities in one or more tranches, subject to approvals. The trading window for dealing in the company's securities remains closed till May 22, 2026, in compliance with SEBI regulations.
- · Scrip Codes: SAMMAANCAP/EQ (535789), SCLPP (890192)
- · CIN: L65922DL2005PLC136029
- · Reference: Regulations 29(1) and 50(1) of SEBI (LODR) Regulations, 2015
14-05-2026
Yash Highvoltage Limited disclosed the audio recording of its earnings conference call held on May 14, 2026, following the declaration of audited standalone and consolidated financial results for the half-year and full financial year ended March 31, 2026. The recording was submitted to BSE Limited pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, and uploaded to the company's website. No specific financial metrics or performance details are provided in the filing.
- · Scrip Code: 544310
- · ISIN: INE00GK01023
- · Audio recording link: https://static.wixstatic.com/mp3/3be98c_82a5597b5f254f8fb0fd2a725ca1e5cf.mp3
- · FCS No: 3809
14-05-2026
Automotive Axles Limited has intimated the schedule of a conference call on May 20, 2026, at 09:00 AM IST to discuss its 4QFY26 and FY26 financial performance, in compliance with SEBI LODR Regulations 2015. Management representatives include Mr. Nagaraja Gargeshwari (President & Whole-time Director), Mr. Raman K (Interim CFO), and Mr. Kishan Kumar Udupi (Whole-time Director, Meritor HVS India Ltd.). Participation details include a Diamond Pass link and various international dial-in numbers.
- · Filing date: May 14, 2026
- · Scrip Code: 505010
- · Scrip Symbol: AUTOAXLES
- · Regd. Office: Hootagalli Industrial Area, Off Hunsur Road, Mysuru – 570 018, Karnataka, India
- · CIN: L51909KA1981PLC004198
- · Diamond Pass Link: https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=3681578&linkSecurityString=1eb4879de2
- · Contact: Mr. Sailesh Raja (+91 75502 37208, sailesh.raja@bksec.com)
14-05-2026
Titan Company reported superlative Q4 FY26 top-line growth across all businesses and brands, with jewellery buyer growth returning to 8% versus flat prior periods, driven by gold exchange programs and Festival of Diamonds activations; watches division grew 14% overall FY26 with analog watches at 16%. However, international operations posted a Q4 loss of ₹82 crores due to GCC disturbances, despite full-year profitability, and unallocated losses rose to ₹140 crores mainly from ₹100-120 crores special employee rewards. Standalone profitability appeared lower due to ₹80 crores transfer pricing adjustments for subsidiaries.
- · Gold sourcing covered for Q1 FY27 with no short-term cost increase expected; gold loan tenure extended from 180 to 270 days.
- · Jewellery margins at 11-11.5% in domestic TMZ business, sustainability uncertain due to rising gold prices despite mix re-engineering.
- · International business (including Damas) achieved full-year profitability; Q4 GCC disturbances impacted performance.
- · Transfer pricing formalized treating subsidiaries as low-risk distributors, neutralizing on consolidated basis.
14-05-2026
The Board of Directors of Allied Blenders and Distillers Limited approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026, with an unmodified opinion from Walker Chandiok & Co. LLP. They recommended a final dividend of Rs. 5.40 per equity share (270% on Rs. 2 face value), subject to AGM approval on July 6, 2026 (record date June 26, 2026), and approved fund raising up to Rs. 1,000 Crores via equity or other securities. However, the auditor's report emphasizes a contested customer dispute with Canteen Stores Department amounting to 3,398.72 lakhs and income tax litigation resulting in tax expense of 2,607.53 lakhs and interest of 1,937.71 lakhs.
- · AGM scheduled for Monday, July 6, 2026 at 3:00 P.M. via video conferencing.
- · Board meeting held on May 14, 2026, commenced at 4:30 PM IST, adjourned and reconvened at 09:02 PM, concluded at 10:30 PM IST.
14-05-2026
The Board of Directors of Centum Electronics Limited approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion from S.R. Batliboi & Associates LLP. They recommended a final dividend of Rs.5/- (50%) per equity share of Rs.10/- each, subject to shareholder approval, and allotted 18,033 equity shares under the Centum - Restricted Stock Unit Plan 2021, increasing paid-up capital from Rs. 14,74,09,830/- to Rs. 14,75,90,160/-. Additionally, the Board re-appointed KPMG Assurance and Consulting Services, LLP as Internal Auditor and M/s. K.S. Kamalakara & Co. as Cost Auditor for FY 2026-27, and approved amendments to the Related Party Transactions policy.
- · Board meeting held on May 14, 2026, from 11:45 hours IST to 23:00 hours IST.
- · Dividend to be paid within 30 days of shareholder approval at AGM.
- · Re-appointments of auditors for Financial Year 2026-27.
14-05-2026
KDDL Limited has intimated stock exchanges of an upcoming Earnings Call on May 20, 2026, at 03:30 PM IST to discuss Q4 and FY26 operational and financial performance, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The call will be led by Mr. Yashovardhan Saboo (Chairman and Managing Director) and Mr. Sanjeev Masown (Whole Time Director and CFO). No performance metrics are disclosed in this intimation.
- · Filing reference: KDDL/CS/2026-27/03, dated May 14, 2026.
- · Access numbers: Primary +91 22 7115 8210, Local +91 22 6280 1309; Toll-free: USA 1 866 746 2133, UK 0808 101 1573, Singapore 800 101 2045, Hong Kong 800 964 448.
- · RSVP contacts: +91 96993 82195 / +91 77383 77756.
14-05-2026
The Board of Centum Electronics Limited approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with unmodified audit opinions from S.R. Batliboi & Associates LLP. The Board recommended a final dividend of ₹5 (50%) per equity share of ₹10 face value, subject to shareholder approval at the upcoming AGM, and allotted 18,033 equity shares under the Centum Restricted Stock Unit Plan 2021, increasing paid-up equity capital from ₹14,74,09,830 to ₹14,75,90,160. Additionally, the Board re-appointed KPMG Assurance and Consulting Services LLP as Internal Auditor and M/s. K.S. Kamalakara & Co. as Cost Auditor for FY 2026-27, and approved amendments to the Related Party Transactions policy.
- · Board meeting held on May 14, 2026, from 11:45 to 23:00 IST.
- · Dividend payable within 30 days of shareholder approval at AGM.
14-05-2026
The Board of Allied Blenders and Distillers Limited approved the audited standalone and consolidated financial results for the fourth quarter and FY ended March 31, 2026, with an unmodified opinion from Walker Chandiok & Co. LLP, recommended a final dividend of Rs. 5.40 per equity share (270% on Rs. 2 face value), scheduled the 18th AGM for July 6, 2026, and approved fund raising up to Rs. 1,000 Crores via equity shares or other securities. However, the auditor emphasized a contested customer dispute with Canteen Stores Department for ~3,398.72 lakhs and tax-related expenses of ~2,607.53 lakhs plus ~1,937.71 lakhs interest from a 2023 Income Tax search.
- · 18th AGM on Monday, July 6, 2026 at 3:00 P.M. via video conferencing/other audio-visual means
- · Record Date for dividend: Friday, June 26, 2026
- · Board Meeting held on May 14, 2026 (commenced 4:30 PM IST, reconvened 09:02 PM, concluded 10:30 PM IST)
14-05-2026
The Board of Allied Blenders and Distillers Limited approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified auditor opinion, recommended a final dividend of Rs. 5.40 per equity share (270% of face value Rs. 2), scheduled the 18th AGM for July 6, 2026, and approved fund raising of up to Rs. 1,000 Crores via equity-linked securities. However, the auditor emphasized ongoing matters including a contested customer dispute with Canteen Stores Department amounting to ~3,398.72 lakhs and a tax expense of ~2,607.53 lakhs plus interest of ~1,937.71 lakhs related to an Income Tax search in December 2023.
- · 18th AGM on Monday, July 6, 2026 at 3:00 P.M. via video conferencing/other audio-visual means
- · Record Date for dividend entitlement: Friday, June 26, 2026
- · Board meeting held on May 14, 2026, commencing at 4:30 PM IST, adjourned and reconvened at 09:02 PM, concluded at 10:30 PM IST
- · Customer dispute relates to differential trade rates for sales to CSD from April 1, 2012 to October 31, 2017
- · Income Tax search operation conducted in December 2023
14-05-2026
The Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified opinion from Walker Chandiok & Co. LLP; recommended a final dividend of Rs. 5.40 per equity share (270% on Rs. 2 face value), subject to approval at the 18th AGM on July 6, 2026 (record date June 26, 2026); and approved fund raising up to Rs. 1,000 Crores via equity shares, bonds, or other securities. The auditor's report emphasizes a contested customer dispute with Canteen Stores Department demanding ~3,398.72 lakhs and a tax expense of ~2,607.53 lakhs plus ~1,937.71 lakhs interest from a 2023 Income Tax search, though the opinion remains unmodified.
- · 18th AGM scheduled for Monday, July 6, 2026 at 3:00 P.M. via video conferencing.
- · Board meeting held on May 14, 2026, commenced at 4:30 PM IST, adjourned and reconvened at 09:02 PM, concluded at 10:30 PM IST.
15-05-2026
Adani Green Energy Limited disclosed a further update on the US SEC civil complaint (No. 24-CV-08080) against promoters Mr. Gautam Adani and Mr. Sagar Adani, stating that the parties filed a request for entry of final judgment on consent on May 15, 2026 (India time). Mr. Gautam Adani and Mr. Sagar Adani have consented without admitting or denying allegations, agreeing to civil penalties of USD 6.00 million and USD 12.00 million respectively, with the final judgment awaited. The company emphasizes it is not a party to the proceedings and faces no charges.
- · Request for final judgment filed on May 15, 2026 India Time / May 14, 2026 New York Time
- · Previous updates dated: November 21, 2024; November 27, 2024; January 23, 2026; January 24, 2026; January 31, 2026; April 8, 2026; April 18, 2026
- · Disclosure under Regulation 30 of SEBI Listing Regulations and SEBI Master Circular dated July 11, 2023 (updated January 30, 2026)
15-05-2026
Sammaan Capital Limited has classified Avenir Investment RSC Ltd, owned and controlled by International Holding Company PJSC (IHC), as its promoter following the completion of IHC's investment and open offer on May 14, 2026, marking Sammaan as an IHC Group Company and anchor of Avalora Holdings. The Board appointed Mr. Alwyn Dinesh Crasta as Additional Non-Executive Non-Independent Director (promoter nominee), effective May 15, 2026, subject to shareholder approval, bringing IHC's expertise in finance, IT, AI, and governance. This association provides capital depth, rating upgrades by two agencies, operational expertise, improved borrowing rates, and access to IHC's USD 232 billion market cap and USD 117 billion assets.
- · Open Offer completed on May 14, 2026 per SAST Regulations.
- · Share subscription agreement dated October 2, 2025.
- · RBI approval for appointment dated March 24, 2026.
- · Director appointment term: 5 years, liable to retire by rotation.
- · No relationship with existing directors; not debarred by SEBI.
15-05-2026
Sammaan Capital Limited has classified Avenir Investment RSC Ltd, owned and controlled by International Holding Company PJSC (IHC), as its promoter following the completion of IHC's investment and open offer on May 14, 2026, marking the company as an IHC Group entity with IHC as controlling shareholder. The Board appointed Mr. Alwyn Dinesh Crasta as Additional Non-Executive Non-Independent Director effective May 15, 2026, subject to shareholder approval. This partnership is expected to deliver benefits including capital depth, rating upgrades by two agencies, operational expertise, improved borrowing rates, enhanced governance, and access to IHC's technology and AI ecosystem; IHC boasts a market capitalisation of USD 232 billion and total assets of USD 117 billion.
- · Open Offer completed on May 14, 2026 per SAST Regulations.
- · Share subscription agreement dated October 2, 2025.
- · RBI approval for director appointment dated March 24, 2026.
- · Director appointment term: 5 years, liable to retire by rotation.
- · India as one of IHC's top two global strategic markets.
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