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India Pre-Market Regulatory Roundup — May 30, 2026

India Before-Market Intelligence

By Gunpowder Editorial ·

3 high priority 47 medium priority 50 total filings analysed

Executive Summary

The 50 filings reveal a mixed earnings season with sharp divergences: while NMDC Steel, New Delhi Television, and Sonal Mercantile posted strong revenue and profit growth, a cluster of companies (Everest Organics, Eros International, Chase Bright Steel, India Nivesh) reported severe losses, negative net worth, and going-concern uncertainties. Revenue growth was often accompanied by margin compression (e.g., Jinkushal Industries, U.H.

Zaveri) or cash flow deterioration (Everest Organics). Insider activity was limited, but promoter interest waivers and director resignations signal caution. Capital allocation trends show modest dividends (RHI Magnesita, Antony Waste, Concord Biotech) and a few M&A/restructuring moves (Tilaknagar Industries, Biocon). Regulatory non-compliance (NMDC Steel, IREDA, Filatex Fashions) and qualified audit opinions (Everest Organics, Eros International, India Nivesh) are recurring red flags. Forward-looking guidance from Storage Technologies and NDTV points to recovery, while IREDA's expansion into clean energy technologies offers long-term catalysts.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Filing types in this digest: Corporate action · Corporate governance · M&A

Tracking the trend? Catch up on the prior India Pre-Market Regulatory Roundup digest from May 29, 2026.

Investment Signals (12)

  • Revenue surged 60.4% YoY to ₹13,641.81 Cr, swinging from a loss of ₹2,373.78 Cr to a profit of ₹58.72 Cr. The turnaround is strong, but board composition non-compliance and auditor material weakness flag governance risk. [BULLISH on turnaround, BEARISH on governance]

  • Consolidated revenue grew 13.6% YoY to ₹528.29 Cr, successfully completed ₹396.50 Cr Rights Issue, and appointed a new CEO. Highest-ever BARC rankings for NDTV 24x7.

  • Net profit rose 10.2% YoY to ₹1,146.81 Lakh, driven by 15.5% interest income growth. However, OCI swung to -₹589.25 Lakh from +₹29.45 Lakh, causing total comprehensive income to fall 47.9%. Debt-equity ratio increased to 4.14.

  • Recommended dividend of ₹7.55 per share (face value ₹1) for FY26, with unmodified audit opinion. Appointment of new independent director adds governance strength.

  • Revenue declined 15.4% YoY to ₹849.70 Mn, swung to net loss of ₹32.75 Mn. But order book improved to ~₹350 Mn by May 2026, and management guides for 20%+ revenue growth in FY27 with EBITDA profitability. [BEARISH near-term, BULLISH on guidance]

  • Approved amalgamation of two wholly-owned subsidiaries and incorporation of a Nigerian subsidiary with ₹30 Cr investment. Qualified audit opinion and negative net worth of Vahni Distilleries (₹168.63 Lakh) add risk.

  • Biocon (NEUTRAL)

    Revised preferential issue to Biocon Biologics shareholders with floor price ₹373.08 and swap ratio 0.76159. Corrigendum follows stock exchange guidance, indicating regulatory compliance.

  • IREDA (MIXED)

    Recommended final dividend of ₹0.75 per share (total ₹1.35 for FY26). Non-compliance with board composition due to insufficient independent directors is a risk, but expansion into CCUS, civil nuclear, green buildings supports long-term growth.

  • Full-year net profit surged to ₹3,675.20 Lakh from ₹283.01 Lakh (up 12x), but Q4 profit declined 17.1% YoY. Total expenses grew 343% for the year, indicating scaling costs. [BULLISH on annual, BEARISH on Q4]

  • Q4 revenue surged 220% YoY to ₹2,135.04 Lakh, but net profit fell 80% to ₹10.51 Lakh. Full-year revenue grew 41% and profit 30%. New CFO appointed.

  • Added 11 new customers in Banking, Insurance, and NBFC segments in FY26. No financials disclosed, but customer addition signals organic growth.

  • Unmodified audit opinion on standalone and consolidated results. Subsidiary revenues of ₹74,037.08 Lakh and net profit of ₹1,517.60 Lakh, but associate loss of ₹170.18 Lakh.

Risk Flags (10)

  • Everest Organics [HIGH RISK]

    Revenue declined 8.6% YoY to ₹4,142.19 Lakh, net profit turned to loss of ₹129.03 Lakh from profit of ₹554.55 Lakh. Cash plummeted 98.3% to ₹10.17 Lakh. Qualified audit opinion.

  • Net loss before tax of ₹10,035 Lakh for FY26, net worth fully eroded, current liabilities exceed current assets. Qualified audit opinion due to long-overdue trade receivables from group entities (₹28,438 Lakh) and ongoing SEBI investigation into ₹1,01,601 Lakh content advances. Going concern uncertainty.

  • Chase Bright Steel [HIGH RISK]

    Net loss before tax of ₹31.80 Lakh (vs profit of ₹5.00 Lakh in FY25), accumulated losses ₹1,619.06 Lakh, negative net worth ₹1,451.56 Lakh. Auditor highlights material uncertainty on going concern.

  • India Nivesh [HIGH RISK]

    Net loss before tax of ₹625.30 Lakh (similar to FY25), revenue declined 14.9% to ₹319.00 Lakh. Qualified audit opinion due to absence of internal audit. Negative net worth of ₹58.75 Lakh (in hundreds). Going concern uncertainty.

  • Other equity turned more negative to ₹(433.04) Lakh from ₹(145.43) Lakh, total equity fell to ₹110.51 Lakh from ₹398.12 Lakh. Trade receivables nearly doubled to ₹804.90 Lakh.

  • Genesis IBRC India [HIGH RISK]

    Net loss of ₹71.47 Lakh vs profit of ₹350.48 Lakh in FY25. Zero revenue from operations. Total expenses surged 361.6% YoY. Preferential allotment raised ₹3,225 Lakh, but business viability remains questionable.

  • Jinkushal Industries [MEDIUM RISK]

    Revenue grew 47.9% YoY to ₹31,337.61 Lakh, but net profit declined 22.7% to ₹1,243.60 Lakh. Trade receivables surged 145.2% to ₹21,750.65 Lakh, indicating potential collection issues.

  • U.H. Zaveri [MEDIUM RISK]

    Revenue grew 37.3% YoY to ₹4,344.60 Lakh, but profit before tax declined 68.8% to ₹8.54 Lakh. Total comprehensive income fell 6.5%.

  • NMDC Steel [MEDIUM RISK]

    Board composition non-compliant with independent director requirements, audit committee also non-compliant. Auditors flagged as material weakness.

  • IREDA [MEDIUM RISK]

    Non-compliant with SEBI LODR board composition due to insufficient independent directors. Matter beyond control, but waiver of fines sought.

Opportunities (10)

  • NMDC Steel (OPPORTUNITY)

    Turnaround from massive loss to profit, revenue up 60.4% YoY. If governance issues are resolved, the stock could re-rate. Monitor board appointments.

  • New Delhi Television (OPPORTUNITY)

    Revenue growth 13.6% YoY, successful Rights Issue, new CEO, and highest-ever BARC rankings. AGM on June 26, 2026, could provide further strategic updates.

  • Order book improved to ~₹350 Mn, management guides 20%+ revenue growth in FY27 with EBITDA profitability. Current loss may be cyclical; recovery play.

  • IREDA (OPPORTUNITY)

    Expansion into CCUS, civil nuclear, green buildings aligns with India's Net Zero goals. Final dividend of ₹0.75 per share adds yield. Governance risk is manageable if waiver granted.

  • Concord Biotech (OPPORTUNITY)

    Unmodified audit opinion, dividend of ₹7.55 per share (high yield on face value ₹1). New independent director adds governance.

  • Sonal Mercantile (OPPORTUNITY)

    Net profit growth 10.2% YoY, interest income up 15.5%. OCI volatility may be temporary; core business strong. Debt-equity ratio high but manageable for NBFC.

  • Intense Technologies (OPPORTUNITY)

    11 new customer additions in Banking, Insurance, NBFC segments. No financials, but customer wins indicate growth momentum.

  • Tilaknagar Industries (OPPORTUNITY)

    Nigerian subsidiary could open new market for Imperial Blue. Amalgamation of subsidiaries may reduce overheads. Qualified opinion is a risk, but consolidation play.

  • Recommended dividend of ₹0.50 per share. Emphasis of matter on trade receivables from municipal corporation (₹2,449 Lakh) is a risk, but if resolved, cash flows could improve.

  • PVV Infra (OPPORTUNITY)

    Q4 revenue surge 220% YoY, full-year profit up 30%. New CFO appointment may improve financial discipline.

Sector Themes (6)

  • Revenue Growth vs Margin Compression

    Multiple companies (Jinkushal Industries, U.H. Zaveri, PVV Infra) reported strong revenue growth but declining profits, indicating margin pressure from rising costs or competitive pricing. Investors should focus on cost control and margin sustainability.

  • Governance and Compliance Risks

    Several companies (NMDC Steel, IREDA, Filatex Fashions, Everest Organics) flagged non-compliance with board composition, audit committee requirements, or listing regulations. This could lead to regulatory fines or investor skepticism.

  • Going Concern Uncertainties

    A cluster of small-cap companies (Eros International, Chase Bright Steel, India Nivesh, Polycon International) reported negative net worth, accumulated losses, and auditor warnings on going concern. These stocks carry high risk of delisting or restructuring.

  • Capital Allocation: Dividends and Buybacks

    Dividend declarations were modest (RHI Magnesita ₹2.50, Antony Waste ₹0.50, Concord Biotech ₹7.55, IREDA ₹0.75). No major buybacks were announced. Companies are conserving cash amid uncertainty.

  • M&A and Restructuring Activity

    Tilaknagar Industries (amalgamation of subsidiaries, Nigerian subsidiary), Biocon (preferential issue to BBL), and Equippp Social Impact (creation of foundations) indicate strategic moves to streamline operations or expand. Investors should monitor execution risks.

  • Renewable Energy and Clean Tech Focus

    IREDA's expansion into CCUS, civil nuclear, and green buildings, along with Inox Green Energy's conference call, highlight growing interest in clean energy. Policy support and Net Zero targets provide tailwinds.

Watch List (8)

  • Board meeting rescheduled to May 30, 2026 to consider Q4/FY26 results and dividend. Results expected after market close. Watch for margin trends and dividend announcement.

  • Board meeting postponed to May 30, 2026 due to unavoidable circumstances. Results will be released post-meeting. Watch for revenue growth and profitability.

  • AGM on June 26, 2026. Watch for shareholder approval of Rights Issue utilization and strategic plans under new CEO.

  • IREDA
    👁

    Monitor stock exchange response to waiver request for board composition non-compliance. Also watch for updates on clean energy expansion plans.

  • FY27 guidance of 20%+ revenue growth and EBITDA profitability. Monitor quarterly results for execution against order book of ~₹350 Mn.

  • SEBI investigation and RBI application for export invoice realization. Any regulatory action could impact stock. Watch for updates on content advances recovery.

  • 👁

    Postal ballot voting ends June 7, 2026 for preferential issue to BBL. Approval is likely, but watch for any dissent or pricing concerns.

  • Nigerian subsidiary requires NAFDAC, SON approvals. Watch for regulatory clearances and timeline for operations.

Filing Analyses (50)
RHI MAGNESITA INDIA LIMITED Corporate Action neutral materiality 6/10

29-05-2026

RHI Magnesita India Ltd. announced audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion. The Board also recommended a final dividend of ₹2.50 per share (250%) for FY2025-26, subject to shareholder approval. No specific financial figures or period-over-period comparisons were disclosed in this filing, so performance trends cannot be assessed.

  • · Audited financial results for quarter and year ended 31 March 2026 received unmodified audit opinion from Price Waterhouse Chartered Accountants LLP.
  • · Total dividend for FY2025-26 is ₹2.50 per share (250%) on face value of Re. 1 each.
  • · Board meeting started on 28 May 2026 at 2:30 p.m., adjourned at 3:55 p.m., resumed on 29 May 2026 at 4:45 p.m., and ended at 8:30 p.m.
Ramchandra Leasing & Finance Limited Corporate Governance positive materiality 8/10

29-05-2026

Raama Finance Limited (formerly Ramchandra Leasing & Finance) reported audited standalone results for Q4 and FY ended March 31, 2026, with total income surging to ₹969.17 Lakh (Q4 FY26) from ₹3.36 Lakh in Q4 FY25, and full-year profit before tax rising to ₹428.71 Lakh from ₹1.60 Lakh in FY25. The Board also approved shifting the corporate office, constituted a Risk Management Committee per RBI guidelines, and appointed M/s Garg D and Associates as internal auditor for FY2025-26. The auditor issued an unmodified opinion on the financial statements.

  • · The Board approved shifting the corporate office from Ground Floor, F-40, Sector-6, Noida 201301 to C-4, Sector-7, Noida-201301.
  • · Risk Management Committee constituted per RBI (NBFC - Governance) Directions dated November 28, 2025, with three members: Rajesh Singh Kaira, Akhil Mittal, Pratika Sharma.
  • · M/s Garg D and Associates (Firm Regn No. 032937C) appointed as Internal Auditor for FY2025-26, effective May 29, 2026.
  • · Auditor's report with unmodified opinion for Q4 and FY ended March 31, 2026.
  • · The company changed its name from Ramchandra Leasing & Finance Limited to Raama Finance Limited.
  • · Revenue from operations for Q4 FY26 was ₹963.13 Lakh vs ₹3.36 Lakh in Q4 FY25, driven by interest income of ₹705.08 Lakh and fees/commission income of ₹258.05 Lakh.
  • · Total expenses for FY26 were ₹784.44 Lakh vs ₹36.03 Lakh in FY25, with other expenses being the largest component at ₹479.75 Lakh.
  • · No exceptional items were reported for either period.
Innovassynth Investments Limited Regulatory Action negative materiality 3/10

29-05-2026

Innovassynth Technologies (India) Limited (formerly Innovassynth Investments Limited) received a notice from BSE Limited on April 15, 2026, levying a total fine of ₹11,800 (basic fine ₹10,000 + GST ₹1,800) for non-compliance with SEBI (LODR) Regulations, specifically a delay in furnishing prior intimation of a board meeting (Regulation 29(2)/29(3)) for March 2026. The Board noted the non-compliance was due to an inadvertent oversight of a trading holiday and not a deliberate deviation; the company has paid the fine and strengthened its internal compliance mechanisms.

  • · The fine was levied under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 (updated Jan 30, 2026).
  • · Non-compliance related to Regulation 29(2)/29(3) – delay in prior intimation of a board of directors meeting scheduled for March 2026.
  • · The company paid the fine within the prescribed 15-day timeline (by April 30, 2026).
  • · No fines were levied for alleged non-compliance with Regulations 31A(3)(a)(ii)/(iii)/(v)/(vii), 44(3), and 42(2)/42(3)/42(4)/42(5) for the same period – those items showed ₹0 fines.
  • · The company has changed its name from Innovassynth Investments Limited to Innovassynth Technologies (India) Limited.
JSW Steel Limited Default neutral materiality 2/10

29-05-2026

JSW Steel Limited has issued a reminder notice to shareholders who have not claimed dividends for seven consecutive years, warning that their equity shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) in accordance with the Companies Act, 2013 and IEPF Rules. Shareholders must submit KYC documents and claim their unpaid dividends by July 31, 2026, with the transfer to IEPF scheduled for September 01, 2026. This is a routine regulatory compliance matter and does not reflect any financial performance or operational change.

  • · The notice is sent to shareholders who have not claimed dividends for seven or more consecutive years.
  • · Shareholders must submit KYC forms (ISR-1 and ISR-2 for physical shares, or updated CML for electronic shares) to KFin Technologies Limited by July 31, 2026.
  • · Due date for transfer of shares to IEPF is September 01, 2026.
  • · KFin Technologies Limited is the Registrar and Share Transfer Agent, with a Hyderabad office and a toll-free number 1800-309-4001.
KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD Corporate Governance neutral materiality 3/10

29-05-2026

The filing is a corporate governance update for KOVILPATTI LAKSHMI ROLLER FLOUR MILLS LTD. It discusses board composition, board meeting attendance, and compliance with corporate governance requirements. The filing includes details on director appointments/reappointments and committee structures, but does not disclose specific financial performance data.

  • · Filing date: May 29, 2026
  • · Document is a corporate governance report with board and committee details
  • · No financial figures, revenues, profits, or balance sheet items were provided in the filing
NMDC Steel Limited Corporate Governance mixed materiality 8/10

29-05-2026

NMDC Steel Limited reported a strong turnaround for FY26, with a net profit of ₹58.72 Cr compared to a loss of ₹2,373.78 Cr in FY25, driven by a 60.4% surge in revenue to ₹13,641.81 Cr. However, the company's board composition remains non-compliant with independent director requirements, and the auditors flagged this as a material weakness.

  • · The company's board lacked the required number of independent directors as of March 31, 2026, and the audit committee composition was also non-compliant with Listing Regulations.
  • · The auditors issued an unmodified opinion on the financial results.
  • · Total comprehensive income for FY26 was ₹58.72 Cr, compared to a loss of ₹2,373.78 Cr in FY25.
  • · Earnings per share (basic and diluted) for FY26 was ₹0.20, versus a loss per share of ₹8.10 in FY25.
  • · Debt service coverage ratio improved to 0.71 in FY26 from -0.24 in FY25.
  • · Finance costs declined 25.4% YoY to ₹486.64 Cr in FY26 from ₹651.94 Cr in FY25.
  • · Depreciation and amortization expense increased 9.3% YoY to ₹1,041.78 Cr.
  • · Total non-current assets decreased 3.7% to ₹21,778.28 Cr as of March 31, 2026.
  • · Inventories increased 27.5% to ₹3,897.38 Cr from ₹3,056.83 Cr a year ago.
Tilaknagar Industries Limited Merger/Acquisition neutral materiality 6/10

29-05-2026

Tilaknagar Industries Limited (TIL) has approved a Scheme of Amalgamation to merge its two wholly-owned subsidiaries, Punjabexpo Breweries Private Limited and Vahni Distilleries Private Limited, into itself, effective from April 1, 2026. The merger is a consolidation strategy to integrate operations, reduce overheads, and streamline the group structure, with no issuance of new shares or change in TIL's shareholding pattern. However, the scheme is subject to regulatory approvals including NCLT sanction, and the financials show that Vahni Distilleries has a negative net worth of ₹(168.63) Lakhs, indicating a weak financial position.

  • · The appointed date of the scheme is April 1, 2026, subject to NCLT approval.
  • · No equity shares of TIL will be issued in exchange; shares held in the transferor companies will be cancelled.
  • · The merger is classified as a related party transaction but exempt from arm's length determination and shareholder approval under SEBI Listing Regulations as the transferors are wholly-owned subsidiaries.
  • · Punjabexpo Breweries was incorporated on December 1, 1997; Vahni Distilleries was incorporated on March 15, 1993.
  • · Vahni Distilleries has a negative net worth of ₹(168.63) Lakhs, which will be absorbed by TIL upon amalgamation.
Shreeji Shipping Global Limited Corporate Governance neutral materiality 5/10

29-05-2026

Shreeji Shipping Global Limited's Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from M/s. Sarda & Sarda. The consolidated results cover the holding company, its wholly owned subsidiaries (USL Lanka Logistics Private Limited, Shreeji Global IFSC Private Limited), a subsidiary (Shreeji Tisha Maritime Private Limited), and a joint venture (Shreeji Nuravi Chuperbhita Simlong Mines Private Limited). No specific financial figures or period-over-period comparisons were provided in the filing, limiting the ability to assess performance trends.

  • · The Board meeting commenced at 05:30 PM IST and concluded at 07:00 PM IST on May 29, 2026.
  • · The company has a branch office in Africa whose financial effects are incorporated in the books of account maintained at the Head Office.
  • · The audit report covers the holding company, its subsidiaries, and its joint venture as listed in the filing.
  • · The company's CIN is US2242GJ2024PLC150537 and its registered office is at 'Shreeji House', Town Hall Circle, Jamnagar-361001, Gujarat.
Wanbury Limited Corporate Governance mixed materiality 8/10

29-05-2026

Wanbury Limited reported audited financial results for Q4 and FY ended March 31, 2026, showing revenue from operations of ₹16,457.86 Lakh for Q4 FY26 and ₹65,026.83 Lakh for FY26, representing a 4.3% YoY decline in Q4 but a 8.5% increase for the full year. Net profit after tax grew to ₹2,170.49 Lakh in Q4 (up 7.1% YoY) and to ₹6,613.47 Lakh for FY26 (up 116.6% YoY), driven by lower finance costs and exceptional items. However, the company also reported a negative exceptional item of ₹360.39 Lakh in Q4 related to a financial liability write-back, and total comprehensive income for the year showed mixed performance with flat/down trends in certain cost segments.

  • · The Q4 FY26 revenue from operations declined 4.3% YoY (₹16,457.86 Lakh vs ₹17,199.95 Lakh in Q4 FY25).
  • · Finance costs decreased 18.9% YoY for FY26 (₹2,997.51 Lakh vs ₹3,695.07 Lakh), contributing to profit improvement.
  • · Employee benefits expense increased 12.1% in Q4 YoY (₹2,968.44 Lakh vs ₹2,642.14 Lakh).
  • · Exceptional items of ₹(360.39) Lakh were recognized in Q4 FY26 (refer note 6), reducing Q4 profit before tax.
  • · The auditor's report is unmodified (clean opinion).
  • · Paid-up equity share capital increased to ₹3,493.94 Lakh as of FY26 end (from ₹3,277.05 Lakh at FY25 end).
  • · Diluted EPS (after exceptional items) was ₹6.27 for Q4 FY26 (vs ₹5.98 in Q4 FY25).
  • · Deferred tax credit of ₹718.16 Lakh in Q4 FY26 (vs debit of ₹10.61 Lakh in Q3 FY26) boosted net profit.
Mahindra EPC Irrigation Limited Corporate Governance neutral materiality 5/10

29-05-2026

Mahindra EPC Irrigation Limited held its 44th Annual General Meeting on May 29, 2026 via video conference. Shareholders approved all 11 resolutions, including the adoption of standalone and consolidated financial statements for FY ended March 31, 2026, reappointment of statutory auditors B S R & Co. LLP for a five-year term, and the reappointment of Mr. Ramesh Ramachandran as Managing Director. The meeting also saw the retirement of Chairman Mr. Shriprakash Shukla by rotation and the appointment of two new independent directors, Mr. Balram Singh Yadav and Dr. Purvi Mehta Bhatt, for five-year terms. No financial performance figures or period-over-period comparisons were disclosed in this procedural filing.

  • · The AGM was held via Video Conference / Other Audio-Visual Means at the registered office in Nashik.
  • · The meeting commenced at 11:30 a.m. IST and concluded at 1:12 p.m. IST.
  • · Remote e-voting was open from 9:00 a.m. on May 26, 2026 to 5:00 p.m. on May 28, 2026.
  • · Statutory Auditors B S R & Co. LLP were reappointed for a term of five consecutive years from the conclusion of the 44th AGM until the conclusion of the 49th AGM (FY 2030-31).
  • · Mr. Ramesh Ramachandran was reappointed as Managing Director for three years effective September 1, 2026 to August 31, 2029.
  • · Mr. Balram Singh Yadav and Dr. Purvi Mehta Bhatt were appointed as Non-Executive & Independent Directors for five years from April 21, 2026 to April 20, 2031.
  • · Material related party transactions with Mahindra & Mahindra Limited (Holding Company/Promoter Group) were ratified for FY 2025-26 and approved for FY 2026-27.
  • · The Statutory Auditors Report did not contain any qualifications, observations, reservations, or adverse remarks.
Filatex Fashions Limited Corporate Governance mixed materiality 6/10

29-05-2026

Filatex Fashions Limited's Board approved audited financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. The Board also noted fines imposed by BSE and NSE for non-compliance with listing regulations, and took note of a conciliation report under the ODR mechanism. Additionally, several board committees were reconstituted following the resignation of director Dhruv Rameshbhai Chauhan.

  • · Audited financial results for quarter and year ended March 31, 2026 were approved with unmodified opinion.
  • · Fines imposed by BSE and NSE for non-compliance with Regulation 31A(3)(a) and Regulation 6(1) of Listing Regulations were noted.
  • · A conciliation report under ODR mechanism in the matter with Mr. Bhushan Saindane was taken on record.
  • · Audit Committee reconstituted: Ms. Sonali Sandeep Joshi appointed as Chairperson.
  • · Nomination & Remuneration Committee reconstituted: Ms. Sonali Sandeep Joshi appointed as member.
  • · Stakeholders Relationship Committee reconstituted: Ms. Sonali Sandeep Joshi appointed as member.
  • · CSR Committee reconstituted: Ms. Sonali Sandeep Joshi appointed as member.
  • · Independent Directors Committee reconstituted: Ms. Sonali Sandeep Joshi appointed as member.
  • · Related party transactions disclosure for year ended March 31, 2026 filed under Regulation 23(9).
Asian Paints Limited Analyst/Investor Meet neutral materiality 1/10

29-05-2026

Asian Paints Limited informed stock exchanges that the audio recording of the investor conference held on May 29, 2026, regarding the Q4 and FY2026 financial performance has been uploaded on the company's website. The transcript will be uploaded subsequently. No financial figures were disclosed in this filing.

  • · The investor conference covered business and financial performance for the quarter and financial year ended March 31, 2026.
  • · Audio recording link is available on the company's website.
  • · Transcript will be uploaded on the company's website and stock exchanges.
GRM Overseas Limited Corporate Governance neutral materiality 5/10

29-05-2026

GRM Overseas Limited's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from statutory auditors Mehra Goel & Co. The company also reappointed M/s Umang J & Co. as internal auditor for FY 2026-27. The consolidated results include a subsidiary with total revenues of ₹74037.08 lakh and net profit of ₹1517.60 lakh, but also reflect a share of net loss from an associate of ₹170.18 lakh for the year.

  • · The Board meeting commenced at 05:00 PM and concluded at 08:25 PM on May 29, 2026.
  • · Statutory auditors Mehra Goel & Co. issued an unmodified (clean) audit opinion on both standalone and consolidated financial results.
  • · The consolidated results include two subsidiaries: GRM International Holdings Limited and GRM Foodkraft Private Limited, and one associate: Swamabhan Commerce Pvt. Ltd.
  • · One subsidiary's financial statements were audited by another auditor and showed total assets of ₹7790.83 lakh and total revenues of ₹74037.08 lakh.
  • · The associate's financial information for the quarter and year ended March 31, 2026 was unaudited, with the group's share of net loss being ₹132.06 lakh and ₹170.18 lakh respectively.
JAYANT INFRATECH LIMITED Corporate Governance neutral materiality 5/10

29-05-2026

Jayant Infratech Limited's Board of Directors approved the audited standalone financial results for the half-year and year ended March 31, 2026, with an unmodified audit opinion from the statutory auditors. The meeting was held on May 29, 2026, and the results are available on the company's website. No specific financial figures or period-over-period comparisons were provided in the filing.

  • · The Board meeting started at 5:20 PM and concluded at 8:50 PM on May 29, 2026.
  • · The audit report was issued by M/s. Gupta Agarwal & Associates (now Jay Gupta & Associates), FRN: 329001E.
  • · The auditor's report includes an unmodified opinion for both the half-year and full year ended March 31, 2026.
  • · The financial results were prepared on a standalone basis and comply with Accounting Standards under Section 133 of the Companies Act, 2013.
  • · The declaration under Regulation 33(3)(d) confirms the unmodified audit opinion.
Bhakti Gems And Jewellery Limited Corporate Governance neutral materiality 5/10

29-05-2026

Guru Krupa Gems And Jewellery Limited (formerly Bhakti Gems And Jewellery Limited) held a board meeting on May 29, 2026, approving the standalone audited financial results for the fiscal year ended March 31, 2026. The company also confirmed that the statutory auditors, M/s. Shah Karia & Associates, issued an unmodified/unqualified audit opinion on the results. No specific financial figures or period-over-period comparisons were provided in the filing.

  • · Company name changed from Bhakti Gems And Jewellery Limited to Guru Krupa Gems And Jewellery Limited.
  • · Board meeting commenced at 06:00 PM and concluded at 08:00 PM on May 29, 2026.
  • · Auditor M/s. Shah Karia & Associates provided an unmodified/unqualified audit report for FY ended March 31, 2026.
  • · Declaration under Regulation 33(3)(d) of SEBI LODR Regulations was submitted.
Everest Organics Ltd. Corporate Governance mixed materiality 8/10

29-05-2026

Everest Organics Ltd. reported audited standalone financial results for Q4 and FY ended March 31, 2026. Revenue from operations for the year increased 15.5% YoY to ₹15,577.15 Lakh, but the company reported a net loss of ₹129.03 Lakh for the year compared to a net profit of ₹554.55 Lakh in FY25, a sharp decline. The auditor issued a qualified opinion, and the board appointed Mr. Narra Venkata Ramana as an Additional Independent Director and Chairman, along with reconstitution of board committees.

  • · The auditor issued a qualified opinion on the financial results.
  • · Total comprehensive income for the year dropped 49.7% to ₹131.47 Lakh from ₹261.41 Lakh in FY25.
  • · Cash and cash equivalents plummeted 98.3% to ₹10.17 Lakh from ₹609.20 Lakh as at March 31, 2025.
  • · Trade receivables increased 31.4% to ₹11,616.01 Lakh from ₹8,843.31 Lakh, indicating potential collection issues.
  • · Total borrowings rose 4.3% to ₹4,993.39 Lakh from ₹4,787.45 Lakh.
  • · The company has 2,63,157 equity share warrants outstanding at ₹152 each, with 25% subscription money received.
  • · 1,40,686 equity shares remain in the 'Everest Organics Limited Unclaimed Suspense Account' as at March 31, 2026.
  • · The board reconstituted the Nomination and Remuneration Committee, Audit Committee, Stakeholder Relationship Committee, and CSR Committee following the appointment of Mr. Narra Venkata Ramana.
SOLARIUM GREEN ENERGY LIMITED Director Resignation neutral materiality 4/10

29-05-2026

Solarium Green Energy Limited approved audited standalone & consolidated financial results for the half year and year ended March 31, 2026, with an unmodified audit opinion from M/s. Abhishek Kumar & Associates. The board also approved the appointment of Mrs. Aditi Goyal (DIN: 10564097) as an Additional (Non-Executive) Director effective May 29, 2026, subject to shareholder approval, and noted the resignation of Mrs. Priya Bansal (DIN: 07788611) as Non-Executive Director effective same date due to personal reasons. No specific financial figures were disclosed in the filing, and no period-over-period comparisons were provided.

  • · The audited standalone & consolidated financial results for the half year and year ended March 31, 2026 received an unmodified (clean) audit opinion.
  • · Mrs. Aditi Goyal is the spouse of Mr. Ankit Garg (Chairman & Managing Director).
  • · Mrs. Priya Bansal's resignation is due to personal reasons and commitments; no other material reason cited.
  • · The resignation letter from Mrs. Priya Bansal is attached as Annexure C.
Bajel Projects Limited Analyst/Investor Meet neutral materiality 1/10

29-05-2026

Bajel Projects Limited informed the stock exchanges that the audio recording of its earnings conference call held on May 29, 2026, for the audited financial results of the quarter and year ended March 31, 2026, has been made available on the company's website. The filing is a procedural disclosure under SEBI Listing Regulations and does not contain any financial figures or performance data.

  • · The conference call was held on Friday, May 29, 2026, at 3:00 PM IST.
  • · The audio recording is available at: bajelprojects.com/pdf/FY-2025-26/Earnings Call Audio/Bajel Earnings Call Recording.mp3
  • · The filing references the audited financial results for the quarter and year ended March 31, 2026.
Antony Waste Handling Cell Limited Corporate Governance mixed materiality 7/10

29-05-2026

Antony Waste Handling Cell Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, and recommended a final dividend of ₹0.50 per equity share (10% of face value ₹5). The auditor's report includes two emphasis of matter: (1) overdue trade receivables and claims of ₹2,449.00 lakh and ₹497.53 lakh from a municipal corporation, and (2) pending income tax assessment from a 2021 search operation, both with uncertain outcomes.

  • · The Board meeting commenced at 5:00 p.m. and concluded at 6:37 p.m. on May 29, 2026.
  • · The auditor's report includes an unmodified opinion on the consolidated annual financial results.
  • · One subsidiary's annual financial information (total assets ₹35.88 lakh, total revenues ₹Nil, net loss ₹1.66 lakh, net cash inflows ₹4.78 lakh) was unaudited.
  • · The Group's share of net profit after tax from one associate was ₹Nil for the year ended March 31, 2026.
  • · The company's CIN is L90001MH2001PLC130485.
Shikhar Consultants Ltd. Corporate Governance mixed materiality 6/10

29-05-2026

Shikhar Consultants Ltd reported a profit of ₹1,085,303 for the year ended March 31, 2026, compared to a loss of ₹908,961 in the prior year, driven by a reduction in employee benefits expenses. However, total revenue from operations remained nil, and the company's accumulated losses led to negative other equity of ₹28,165,661. The board also approved the appointment of Ms. Mansi Biyani as Internal Auditor for FY 2026-27.

  • · Revenue from operations for the year ended March 31, 2026 was nil, same as prior year.
  • · Employee benefits expenses decreased from ₹508,960 in FY25 to ₹0 in FY26.
  • · Other expenses increased from ₹756,000 in FY25 to ₹7,756,000 in FY26.
  • · Total comprehensive income for FY26 was ₹1,085,303 vs loss of ₹908,961 in FY25.
  • · Earnings per share (basic) for continuing operations was ₹0.24 for FY26 vs loss of ₹0.20 for FY25.
  • · The auditor's report includes a qualified opinion due to an indeterminate effect of a matter described in para 8 (not fully provided).
  • · The company's net cash flow from operating activities was negative ₹1,160,343 in FY26 vs negative ₹908,961 in FY25.
  • · Net cash flow from financing activities was ₹909,500 in FY26 vs ₹944,802 in FY25.
Everest Organics Ltd. Corporate Governance mixed materiality 8/10

29-05-2026

Everest Organics Ltd. reported audited financial results for Q4 and FY ended March 31, 2026, with revenue from operations declining 7.0% YoY to ₹1,115.10 Lakhs for the quarter and 8.6% YoY to ₹4,142.19 Lakhs for the full year. The company posted a net profit of ₹217.15 Lakhs for the year, a sharp turnaround from a net loss of ₹103.72 Lakhs in FY25, driven by improved margins and lower exceptional items. However, the auditor issued a qualified opinion, and cash and cash equivalents plummeted 98.3% to ₹10.17 Lakhs from ₹609.20 Lakhs, indicating severe liquidity strain.

  • · Auditor issued a qualified opinion on the financial results.
  • · Trade receivables increased 31.4% to ₹11,616.01 Lakhs from ₹8,843.31 Lakhs, while trade payables rose 10.6% to ₹8,925.13 Lakhs.
  • · Borrowings (current) increased 10.3% to ₹4,265.64 Lakhs from ₹3,867.66 Lakhs.
  • · Depreciation and amortisation expense rose 8.7% to ₹688.29 Lakhs from ₹596.24 Lakhs.
  • · Interest and financial charges increased 25.8% to ₹652.76 Lakhs from ₹518.99 Lakhs.
  • · The company has 2,63,157 equity share warrants outstanding, issued at ₹152 each, with 25% subscription money received.
  • · 1,40,686 equity shares remain in the unclaimed suspense account.
  • · Board reconstituted all committees: Nomination and Remuneration, Audit, Stakeholder Relationship, and CSR Committees, with Mr. Narra Venkata Ramana appointed as Chairman of the Board and of the Stakeholder Relationship and CSR Committees.
Eros International Media Ltd Corporate Governance negative materiality 9/10

29-05-2026

Eros International Media Ltd reported a net loss before tax of ₹10,035 Lakh for FY26, with its net worth fully eroded and current liabilities exceeding current assets, raising material going concern uncertainty. The auditor issued a qualified opinion due to long-overdue trade receivables from group entities (net ₹16,688 Lakh from Eros Worldwide FZE, ₹8,184 Lakh from Eros International UK, ₹3,566 Lakh from Eros International USA) and ongoing SEBI investigation into content advances of ₹1,01,601 Lakh. The board approved appointment of Patni Mandhana & Associates as internal auditor, C.R. Bhagwat as secretarial auditor, and Walker Chandiok & Co. for transfer pricing services.

  • · Auditor's qualified opinion due to long-overdue trade receivables from group entities and ongoing SEBI investigation into content advances of ₹1,01,601 Lakh.
  • · Company has filed application with RBI to condone delay in realization of export invoices and permit net remittance from EWW ₹16,688 Lakh.
  • · SEBI passed Interim Ex-Parte order on June 22, 2023 and Confirmatory Order on October 13, 2023; appeal disposed by SAT with direction for SEBI to issue Show Cause Notice.
  • · Net worth fully eroded; current liabilities exceed current assets as at year end.
  • · Going concern assumption dependent on monetization of film/music library rights, recovery from group entities, and other strategic initiatives.
  • · Board meeting held on May 29, 2026 from 4:25 p.m. to 6:30 p.m.
Unknown Rate Change neutral materiality 1/10

29-05-2026

The filing is an RBI notification regarding the auction of State Government Securities (State Development Loans) scheduled for May 29, 2026. It does not contain any rate change, monetary policy action, or regulatory measure affecting banking operations. The aggregate amount of the auction is partially disclosed (text truncated), and no specific state names or individual amounts are provided. This is a routine debt issuance event with no direct impact on lending rates, deposit rates, NIMs, or credit demand. The event is neutral for the banking sector and broader markets.

  • · The auction is for State Government Securities (SDLs) and is part of the regular borrowing program of state governments.
  • · The aggregate amount is mentioned but the text is truncated; no individual state names or amounts are provided.
  • · No rate change, monetary policy stance, or regulatory action is included in this filing.
GENESIS IBRC INDIA LIMITED Corporate Governance negative materiality 8/10

29-05-2026

CCME Global Limited (formerly Genesis IBRC India Limited) reported audited financial results for Q4 and FY ended March 31, 2026, showing a net loss of ₹71.47 Lakh for the full year versus a profit of ₹350.48 Lakh in FY25, a sharp decline. The company had zero revenue from operations in both periods, with total income falling to ₹3.50 Lakh from ₹366.72 Lakh. However, the company raised ₹3225.00 Lakh through a preferential allotment of 3,22,50,000 equity shares during the quarter, significantly boosting cash and equity.

  • · The company had zero revenue from operations in both FY26 and FY25.
  • · Total expenses surged 361.6% YoY to ₹74.97 Lakh from ₹16.24 Lakh, driven by a sharp increase in 'other expenses' (₹64.17 Lakh vs ₹11.14 Lakh).
  • · Employee benefit expenses rose to ₹10.80 Lakh from ₹5.10 Lakh YoY.
  • · Other equity turned more negative: -₹518.21 Lakh vs -₹446.74 Lakh.
  • · Total assets ballooned to ₹4531.22 Lakh from ₹883.54 Lakh, primarily due to a large increase in bank balances (₹3735.87 Lakh vs ₹0.43 Lakh) and loans (₹508.16 Lakh vs nil).
  • · Current liabilities increased to ₹524.43 Lakh from ₹30.28 Lakh, mainly from 'other current liabilities' (₹522.85 Lakh vs ₹26.54 Lakh).
  • · Cash flow from operations was positive ₹510.44 Lakh in FY26 vs negative ₹0.03 Lakh in FY25.
  • · Cash flow from financing activities was ₹3225.00 Lakh from the preferential allotment, with no such inflow in FY25.
  • · The audit report received an unmodified opinion.
  • · The company operates in a single segment.
U. H. ZAVERI LIMITED Corporate Governance mixed materiality 7/10

29-05-2026

U. H. Zaveri Limited reported audited financial results for Q4 FY26 and FY26. For the full year ended March 31, 2026, revenue from operations grew 37.3% YoY to ₹4,344.60 Lakhs, while profit before tax declined sharply by 68.8% to ₹8.54 Lakhs from ₹27.37 Lakhs in FY25. Total comprehensive income also fell 6.5% to ₹408.67 Lakhs. The balance sheet shows a significant increase in equity share capital (from ₹1,019.40 Lakhs to ₹3,058.20 Lakhs) and a reduction in non-current borrowings to nil, but current assets grew faster than current liabilities.

  • · The trading window was closed from April 1, 2026 and will remain closed until 48 hours after the declaration of results.
  • · The Board meeting commenced at 5:30 PM and concluded at 7:15 PM on May 29, 2026.
  • · The auditor's report includes an unmodified opinion for both the quarter and year ended March 31, 2026.
  • · The statement for the year ended March 31, 2025 was audited by a predecessor auditor who expressed an unmodified opinion.
  • · Inventories increased from ₹2,573.33 Lakhs (March 31, 2025) to ₹3,476.73 Lakhs (March 31, 2026), a rise of 35.1%.
  • · Trade receivables (current) decreased from ₹20.87 Lakhs to ₹3.12 Lakhs.
  • · Cash and cash equivalents fell from ₹73.78 Lakhs to ₹37.65 Lakhs, a decline of 49.0%.
  • · Other current assets increased from ₹53.04 Lakhs to ₹81.23 Lakhs.
  • · Total current liabilities decreased from ₹31.36 Lakhs to ₹26.46 Lakhs.
  • · Deferred tax liabilities (net) increased slightly from ₹46.69 Lakhs to ₹47.85 Lakhs.
STEELMAN TELECOM LIMITED Corporate Governance neutral materiality 5/10

29-05-2026

Steelman Telecom Limited's Board approved audited standalone and consolidated financial results for the half-year and year ended March 31, 2026, with an unmodified audit opinion from M/S Jay Gupta & Associates. The Board did not recommend any dividend for FY2025-26. Additionally, the Board re-appointed the secretarial auditor and internal auditor for FY2026-27.

  • · Audit report issued with unmodified opinion on both standalone and consolidated financial results.
  • · No dividend recommended for the financial year 2025-2026.
  • · Board re-appointed Mr. Saurabh Basu as Secretarial Auditor for FY2026-27.
  • · Board re-appointed M/S S. MURARKA & COMPANY as Internal Auditor for FY2026-27.
  • · Related Party Disclosure under Regulation 23(9) of SEBI (LODR) noted and to be filed in XBRL form.
  • · Consolidated results include Indian subsidiary EC Wheels India Private Limited and foreign subsidiary Steelman Installation Services PLC (Ethiopia).
Jinkushal Industries Limited Corporate Governance mixed materiality 8/10

29-05-2026

Jinkushal Industries Limited reported audited standalone financial results for the quarter and year ended March 31, 2026. Annual revenue from operations grew 47.9% YoY to ₹31,337.61 Lakhs, but profit after tax declined 22.7% YoY to ₹1,243.60 Lakhs. The Board also approved the appointment of Mr. Abhinav Jain as Chief Executive Officer effective June 1, 2026.

  • · Equity share capital increased from ₹13.90 Lakhs to ₹3,838.60 Lakhs, likely due to IPO proceeds.
  • · Total assets more than doubled to ₹31,043.90 Lakhs from ₹14,434.60 Lakhs.
  • · Trade receivables surged 145.2% to ₹21,750.65 Lakhs, indicating potential collection risks.
  • · Current borrowings increased 84.7% to ₹10,024.59 Lakhs.
  • · Cash and cash equivalents rose sharply from ₹15.67 Lakhs to ₹2,261.07 Lakhs.
  • · Operating cash flow was negative at ₹(11,303.71) Lakhs for FY26, worsening from ₹(584.41) Lakhs in FY25.
  • · Earnings per share (basic) declined from ₹5.41 in FY25 to ₹3.65 in FY26.
  • · The company operates in a single business segment.
  • · Mr. Abhinav Jain, already Promoter and Managing Director, was appointed CEO effective June 1, 2026.
PAKKA LIMITED Corporate Governance neutral materiality 3/10

29-05-2026

Pakka Limited has rescheduled its Board Meeting from May 29, 2026 to May 30, 2026 due to unavoidable reasons. The meeting will consider audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, and recommend a final dividend. The trading window remains closed for designated persons until 48 hours after the results are declared.

  • · The Analyst/Investor Video Conference Call remains scheduled for June 2, 2026 at 04:00 PM IST.
  • · The trading window closure continues until 48 hours after the financial results are declared.
  • · The rescheduling is attributed to 'some unavoidable reason'.
Polycon International Ltd. Corporate Governance negative materiality 8/10

29-05-2026

Polycon International Ltd. reported its audited standalone financial results for the quarter and year ended March 31, 2026. The company's total equity fell sharply from ₹398.12 Lakhs to ₹110.51 Lakhs as accumulated losses pushed other equity to negative ₹433.04 Lakhs. Total assets declined modestly from ₹4347.86 Lakhs to ₹4265.33 Lakhs, with property, plant and equipment decreasing to ₹765.88 Lakhs from ₹905.03 Lakhs, while trade receivables nearly doubled to ₹804.90 Lakhs.

  • · Other equity declined further into negative territory from ₹(145.43) Lakhs to ₹(433.04) Lakhs, reflecting accumulated losses.
  • · Non-current borrowings increased slightly from ₹2578.45 Lakhs to ₹2634.43 Lakhs.
  • · Current borrowings increased from ₹727.78 Lakhs to ₹746.52 Lakhs.
  • · Trade payables increased marginally from ₹311.91 Lakhs to ₹321.45 Lakhs.
  • · Provisions (non-current) increased from ₹108.95 Lakhs to ₹127.48 Lakhs.
  • · Other current liabilities increased sharply from ₹63.51 Lakhs to ₹163.95 Lakhs.
  • · The statutory auditors (S.R. Goyal & Co) have issued an unmodified opinion, confirming the financial statements give a true and fair view.
  • · The company's single operating segment disclosure indicates no segment diversification.
Biocon Limited Corporate Governance neutral materiality 6/10

29-05-2026

Biocon Limited issued a corrigendum to its May 7, 2026 Postal Ballot Notice, revising the floor price, issue price, swap ratio, and number of shares for the preferential issuance of equity shares to Biocon Biologics Limited (BBL) shareholders for consideration other than cash. The revised floor price is ₹373.08 per share, the issue price is ₹376.41 per share, and the swap ratio is 0.76159, resulting in 87,86,362 equity shares to be issued. The changes follow stock exchange guidance and a revised valuation report dated May 27, 2026.

  • · The corrigendum was issued in compliance with stock exchange advice under Regulation 28(1) of SEBI Listing Regulations, 2015.
  • · The remote e-voting period runs from May 9, 2026 (9:00 a.m. IST) to June 7, 2026 (5:00 p.m. IST).
  • · The cut-off date for determining eligible members is May 1, 2026.
  • · The revised valuation report is dated May 27, 2026.
  • · The corrigendum modifies only Item No. 3 of the Postal Ballot Notice (Preferential Issue); all other items remain unchanged.
  • · The preferential issue involves 87,86,362 equity shares to be allotted to 78 named non-promoter selling shareholders of Biocon Biologics Limited.
  • · Post-issue, each proposed allottee will hold less than 1% of Biocon's equity capital, with the largest holding being 0.84% (Arun Suresh Chandavarkar).
DCB Bank Limited Analyst/Investor Meet neutral materiality 2/10

29-05-2026

DCB Bank Limited participated in an investor conference organized by 360 ONE Capital Market Private Limited on May 29, 2026, where representatives met with 24 institutional investors and asset managers. The bank confirmed that only information already in the public domain was discussed during these meetings.

  • · The filing is a disclosure under Regulation 30 of SEBI Listing Regulations.
  • · The investor conference was organized by 360 ONE Capital Market Private Limited.
  • · The schedule lists 24 entities, including asset managers, wealth advisors, and institutional investors.
Antony Waste Handling Cell Limited Corporate Action mixed materiality 7/10

29-05-2026

Antony Waste Handling Cell Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, and recommended a final dividend of ₹0.50 per equity share (10% of face value ₹5). The auditor's report includes two emphasis of matter: uncertainty over recovery of ₹2,449.00 lakh in trade receivables and ₹497.53 lakh in other current assets from a municipal corporation, and pending income tax demand orders from a 2021 search operation. Additionally, one unaudited subsidiary reported a net loss of ₹1.66 lakh for the year.

  • · The unaudited subsidiary had total revenues of ₹ Nil and a net loss after tax of ₹1.66 lakh for the year ended March 31, 2026.
  • · The Group's share of net profit after tax from an associate was ₹ Nil for the year ended March 31, 2026.
  • · The Board meeting commenced at 5:00 p.m. and concluded at 6:37 p.m. on May 29, 2026.
  • · The auditor's report includes an unmodified opinion on the consolidated annual financial results.
Concord Biotech Limited Corporate Action neutral materiality 6/10

29-05-2026

Concord Biotech Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion from BSR & Co. LLP. The Board recommended a dividend of ₹7.55 per equity share (face value ₹1) for FY 2025-26, subject to shareholder approval, with a record date of July 24, 2026. Additionally, Mrs. Ekta Gupta was appointed as an Additional Independent Director effective June 1, 2026, and new internal and cost auditors were appointed for FY 2026-27.

  • · Audit reports with unmodified opinion issued by BSR & Co. LLP for standalone and consolidated financial results.
  • · Board meeting commenced at 03:00 PM and concluded at 04:24 PM on May 29, 2026.
  • · Mrs. Ekta Gupta holds an MBA in Finance from Cardiff University and a B.Com (Hons) from Lady Shri Ram College, Delhi.
  • · Mrs. Ekta Gupta currently serves as Director of Sanghi Polymers Private Limited and has prior experience with Deutsche Bank.
  • · M/s. Manubhai & Shah LLP appointed as Internal Auditor for FY 2026-27.
  • · M/s. Dalwadi & Associates appointed as Cost Auditor for FY 2026-27.
  • · No outstanding default on loans or debt securities.
  • · No deviation or variation in proceeds of public issue, rights issue, etc.
New Delhi Television Limited Corporate Governance positive materiality 8/10

29-05-2026

New Delhi Television Limited (NDTV) published its Annual Report for FY2025-26, reporting consolidated revenue of ₹528.29 crore (up 13.60% YoY) and successfully completing a ₹396.50 crore Rights Issue. The company appointed Rahul Kanwal as CEO and Editor-in-Chief, launched a new events vertical under 'NDTV Good Times', and achieved its highest-ever BARC performance with NDTV 24x7 securing multiple Top-2 rankings. However, the filing does not disclose any segment-level declines or flat performance metrics.

  • · The 38th Annual General Meeting will be held on June 26, 2026 at 12:00 PM IST via video conferencing.
  • · Cut-off date for e-voting eligibility is June 19, 2026.
  • · NDTV launched regional channels NDTV Madhya Pradesh & Chhattisgarh and NDTV Rajasthan in 2022, and NDTV Marathi in 2024.
  • · The network has 7 TV channels, reaches 65 countries, and has 45 million lifetime YouTube subscribers.
  • · NDTV achieved its highest-ever BARC performance with NDTV 24x7 securing multiple Top-2 rankings across several weeks.
  • · The company transitioned to low-footprint newsgathering using mobile journalism kits, reducing reliance on fuel-intensive DSNG vans.
  • · ESG initiatives include LED lighting, advanced studio equipment, centralised cooling, rooftop air filtration, and structured recycling of paper, e-waste, and bio-waste.
PVV Infra Limited Corporate Governance mixed materiality 7/10

29-05-2026

PVV Infra Limited reported its audited standalone financial results for Q4 and FY ended March 31, 2026. Revenue for the quarter surged 220% YoY to ₹2,135.04 Lakh, while net profit rose to ₹10.51 Lakh from ₹52.96 Lakh in the same quarter last year, reflecting a sharp decline of 80% YoY. For the full year, revenue grew 41% to ₹5,635.31 Lakh and net profit increased 30% to ₹714.64 Lakh. The Board also approved the appointment of Mr. Gadde Rama Krishna as Chief Financial Officer.

  • · The Board meeting commenced at 6:00 PM and concluded at 9:00 PM on May 29, 2026.
  • · Auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results.
  • · Mr. Gadde Rama Krishna, who holds a Diploma in Automobile Engineering with over 25 years of experience in the automobile services industry, was appointed CFO effective May 29, 2026.
  • · Paid-up equity share capital increased from ₹5,755.42 Lakh to ₹6,988.72 Lakh during FY26, while face value changed from ₹10 to ₹1 per share.
  • · Reserves (excluding revaluation reserve) surged from ₹80.95 Lakh to ₹1,139.38 Lakh during FY26.
  • · Cost of materials consumed for Q4 FY26 was ₹1,918.35 Lakh, representing 89.8% of revenue, up from 81.0% in Q4 FY25.
  • · Employee benefit expense for Q4 FY26 dropped sharply to ₹19.87 Lakh from ₹113.71 Lakh in Q3 FY26 and ₹67.66 Lakh in Q4 FY25.
  • · Other expenses for Q4 FY26 were ₹184.41 Lakh, up 224% from Q4 FY25's ₹130.55 Lakh.
  • · Earnings per share (basic) for FY26 was ₹0.51, down from ₹0.95 in FY25, reflecting the increase in share capital.
Intense Technologies Limited Corporate Governance neutral materiality 2/10

29-05-2026

Intense Technologies issued a press release under Regulation 30 (LODR) reporting it added 11 new customers in Banking, Insurance and NBFC segments for FY 2025-26. The filing contains only customer addition count and sector details; no financial metrics (revenue, profit, margins), leadership changes, or capital allocation decisions are disclosed. While customer additions indicate organic growth momentum, the lack of quantitative business performance data limits the ability to assess profitability or margin trend.

  • · 11 new customers added across Banking, Insurance and NBFC segments in FY 2025-26
  • · No financial metrics (revenue, PAT, EBITDA) disclosed in the filing
  • · No leadership changes, board changes, or committee compositions disclosed
  • · No dividend, buyback, bonus, or capital expenditure announcements
  • · No scheduled events such as concall, AGM, or record date mentioned
  • · No promoter, FII, DII holding pattern changes disclosed
Chase Bright Steel Ltd Corporate Governance negative materiality 9/10

29-05-2026

Chase Bright Steel Ltd reported a net loss before tax of ₹31.80 Lakh for FY2025-26, compared to a profit of ₹5.00 Lakh in the prior year, a significant decline. The company's accumulated losses reached ₹1,619.06 Lakh as of March 31, 2026, with a negative net worth of ₹1,451.56 Lakh, leading the auditor to highlight a material uncertainty regarding the company's ability to continue as a going concern. While cash and bank balances improved to ₹8.86 Lakh from ₹4.44 Lakh, total assets declined to ₹103.36 Lakh from ₹114.89 Lakh, and trade payables decreased to ₹771.92 Lakh from ₹853.42 Lakh.

  • · The Board meeting commenced at 5:30 PM and concluded at 6:30 PM on May 29, 2026.
  • · Equity share capital remained unchanged at ₹167.50 Lakh.
  • · Current borrowings increased to ₹563.38 Lakh from ₹442.62 Lakh.
  • · Trade receivables (current) increased slightly to ₹39.00 Lakh from ₹38.52 Lakh.
  • · Depreciation expense decreased to ₹1.08 Lakh from ₹1.18 Lakh.
  • · Financial charges increased to ₹11.16 Lakh from ₹10.36 Lakh.
  • · Net cash from operating activities improved to -₹112.93 Lakh from -₹124.52 Lakh.
  • · The auditor's report includes a 'Material Uncertainty Related to Going Concern' emphasis of matter.
  • · The company's gross trade receivables were ₹142.46 Lakh, with an impairment allowance assessed by management.
Tilaknagar Industries Limited Merger/Acquisition mixed materiality 8/10

29-05-2026

Tilaknagar Industries Limited's Board approved audited financial results for Q4 and FY ended March 31, 2026, with a qualified audit opinion from the statutory auditors. The Board recommended a dividend of ₹1 per share (10%) and approved the amalgamation of two wholly-owned subsidiaries (Punjabexpo Breweries and Vahni Distilleries) with the company. Additionally, the Board approved the incorporation of a wholly-owned subsidiary in Nigeria with a subscription of up to ₹30 Crore, and re-appointed key managerial personnel including Mr. Amit Dahanukar as Chairman & Managing Director for a further three-year term.

  • · The statutory auditors issued a qualified opinion on the consolidated annual financial results for FY ended March 31, 2026.
  • · The Board approved the amalgamation of two wholly-owned subsidiaries (Punjabexpo Breweries Private Limited and Vahni Distilleries Private Limited) with Tilaknagar Industries Limited.
  • · The proposed Nigerian subsidiary will manufacture, import, distribute, and sell Imperial Blue in its own name, and will require regulatory approvals from NAFDAC, SON, and other Nigerian authorities.
  • · Mr. Amit Dahanukar's re-appointment as Chairman & Managing Director is for a three-year term from November 7, 2026 to November 6, 2029, and he is not liable to retire by rotation.
  • · Mr. Chemangala Ramachar Ramesh's re-appointment as Whole-Time Director is for a three-year term from November 13, 2026 to November 12, 2029, and he is liable to retire by rotation.
  • · Ms. Swapna Shah is re-appointed as Non-Executive Non-Independent Director for a one-year term from June 1, 2026 to May 31, 2027.
  • · The Board re-appointed M/s. Akord & Co. as Internal Auditors and M/s. CY & Associates as Cost Auditors for FY 2026-27.
  • · The Board meeting commenced at 3:15 PM and concluded at 5:35 PM on May 29, 2026.
Sarveshwar Foods Limited Corporate Governance neutral materiality 3/10

29-05-2026

Sarveshwar Foods Limited postponed its Board Meeting originally scheduled for May 29, 2026 to May 30, 2026 due to unavoidable circumstances. The meeting will now consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window closure period remains in effect and will open 48 hours after the rescheduled meeting.

  • · The original Board Meeting was intimated on May 21, 2026 under Regulation 29 of SEBI (LODR) Regulations, 2015.
  • · The postponement is due to 'unavoidable circumstances' (no further details provided).
  • · The trading window closure period is already in effect and will open 48 hours after the conclusion of the rescheduled meeting on May 30, 2026.
VASHISHTHA LUXURY FASHION LIMITED Corporate Governance neutral materiality 5/10

29-05-2026

VASHISHTHA LUXURY FASHION LIMITED has received an unmodified audit opinion from SMNK & Co for its standalone and consolidated half-yearly and annual financial results for the period ended March 31, 2026. The auditor confirmed that the financial results present a true and fair view in accordance with applicable accounting standards and SEBI Listing Regulations. No specific financial figures or performance metrics were disclosed in the filing, limiting the ability to assess growth or declines.

  • · The audit was conducted in accordance with Standards on Auditing (SAs) specified under Section 143(10) of the Companies Act, 2013.
  • · The half-year ended March 31, 2026 figures are the balancing figure between audited full-year results and unaudited six-month results ended September 30, 2025.
  • · The auditor issued an unmodified opinion on the standalone annual financial statements dated May 29, 2026.
  • · The filing includes both standalone and consolidated financial results for the half-year and full year ended March 31, 2026.
  • · The auditor's report mentions key audit matters but does not provide separate opinions on them.
Sonal Mercantile Limited Corporate Governance mixed materiality 7/10

29-05-2026

Sonal Mercantile Limited reported audited standalone financial results for the year ended March 31, 2026. Net profit after tax rose 10.2% YoY to ₹1,146.81 Lakhs (₹11.4681 Cr) from ₹1,040.68 Lakhs (₹10.4068 Cr) in FY25, driven by 15.5% growth in interest income. However, total comprehensive income fell sharply by 47.9% to ₹557.56 Lakhs due to a large negative other comprehensive income of ₹589.25 Lakhs (compared to a positive ₹29.45 Lakhs in FY25), primarily from fair value losses on investments. The debt-equity ratio increased from 3.92 to 4.14, indicating higher leverage.

  • · The board meeting commenced at 5:00 PM and concluded at 9:05 PM on May 29, 2026.
  • · Other Comprehensive Income (OCI) was negative ₹589.25 Lakhs in FY26 vs positive ₹29.45 Lakhs in FY25, primarily due to items that will not be reclassified to profit or loss (fair value changes).
  • · Impairment of financial instruments was a net charge of ₹11.56 Lakhs in FY26 vs a negative charge (reversal) of ₹10.77 Lakhs in FY25.
  • · Employee benefits expenses increased 40.6% YoY to ₹51.72 Lakhs from ₹36.79 Lakhs.
  • · Other expenses more than doubled to ₹64.37 Lakhs from ₹26.81 Lakhs (up 140%).
  • · Debt to total assets ratio stood at 0.77 in FY26 vs 0.76 in FY25.
  • · Mr. Nitin Gupta (C.P. No. 14087) was appointed as scrutinizer for e-voting at the upcoming AGM for FY26.
  • · The company is registered under RBI Act 1934 as an NBFC; certain ratios like DSCR and ISCR are noted as 'not applicable' per SEBI LODR proviso.
India Nivesh Limited Corporate Governance negative materiality 9/10

29-05-2026

India Nivesh Limited reported a standalone net loss before tax of ₹625.30 Lakh for FY26 (vs ₹623.00 Lakh loss in FY25), with total revenue declining 14.9% to ₹319.00 Lakh. The auditor issued a qualified opinion due to the absence of internal audit during the year, and highlighted material uncertainty regarding the company's ability to continue as a going concern given a negative net worth of ₹58,75,436.24 (in hundreds). Additionally, the company recognized interest on two large outstanding loans (₹60.00 Cr and ₹72.55 Cr) at 7% p.a. for FY26, after previously not recognizing interest in interim quarters.

  • · Auditor's qualified opinion due to absence of internal audit during the year (required under Section 138 of Companies Act, 2013).
  • · Material uncertainty related to going concern: net worth negative at ₹58,75,436.24 (in hundreds) and short-term borrowings used for long-term investment.
  • · Interest on first loan (₹60.00 Cr) recognized at 7% p.a. for FY26; interest for nine months ended Dec 31, 2025 (₹3.29 Cr) remained unrecognised in interim quarters.
  • · Interest on second loan (₹72.55 Cr) recognized at 7% p.a. for FY26; interest for nine months ended Dec 31, 2025 (₹4.61 Cr) remained unrecognised in interim quarters.
  • · Finance costs for FY26 were ₹924.54 Lakh, a decrease of 6.1% from ₹984.19 Lakh in FY25.
  • · Interest income declined sharply by 45.2% YoY to ₹133.21 Lakh (FY25: ₹243.25 Lakh).
  • · Net gain on fair value changes increased 47.6% to ₹183.69 Lakh (FY25: ₹124.45 Lakh).
  • · Board meeting held on May 29, 2026, from 2:00 PM to 7:00 PM.
Frontier Springs Ltd. Analyst/Investor Meet neutral materiality 3/10

29-05-2026

Frontier Springs Ltd. has announced a post-earnings conference call scheduled for June 3, 2026, at 12:00 PM IST to discuss Q4 and FY26 performance. The call will be held virtually and will feature management participants including Managing Director Kapil Bhatia, CFO Neeraj Bhatia, and Company Secretary Dhruv Bhasin. This filing is an invitation notice only with no financial results disclosed, so no performance metrics or period-over-period comparisons are available.

  • · Conference call date: Wednesday, June 3, 2026 at 12:00 PM IST
  • · Mode: Virtual
  • · Universal dial-in numbers: +91 22 6280 1341 / +91 22 7115 8242
  • · Company registered office: KM 25/4, Kalpi Road, Rania, Kanpur Dehat - 209 304, U.P.
  • · Corporate office: E-14, Panki Industrial Area, Site-I, Kanpur - 208 022, U.P.
  • · CIN: L17119UP1981PLC005212
  • · BSE Script Code: 522195
Equippp Social Impact Technologies Limited Corporate Governance neutral materiality 5/10

29-05-2026

Equippp Social Impact Technologies Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion from M/s. Anjaneyulu & Co. The Board also noted a waiver of interest payment for FY 2025-26 by promoter Equivas Capital Private Limited on a loan extended to the company, and approved in-principle the creation of project/geography/sector-specific foundations for village and district development initiatives. No specific financial figures or period-over-period comparisons were disclosed in this filing.

  • · Audited financial results for quarter and year ended March 31, 2026, received unmodified audit opinion from M/s. Anjaneyulu & Co (FRN 000180S).
  • · Promoter Equivas Capital Private Limited waived interest payment for FY 2025-26 on a loan extended to the company.
  • · Board approved in-principle creation of project/geography/sector-specific foundations to facilitate village and district development initiatives in collaboration with government authorities, stakeholders, CSR foundations.
  • · General mandate granted to management to enter into MoUs and undertake incubation/scale-up activities for such initiatives, funded through resources of Whole-Time Directors, EQUIPPP Foundation, or other relevant entities.
  • · Trading window remains closed until 48 hours after publication of results for Q4 and FY ended March 31, 2026.
  • · Board meeting held on May 29, 2026, from 5:00 PM IST to 8:55 PM IST.
Artificial Electronics Intelligent Material Limited Corporate Governance mixed materiality 8/10

29-05-2026

Artificial Electronics Intelligent Material Limited (AEIM) reported standalone audited financial results for Q4 and FY ended March 31, 2026. Net profit for Q4 FY26 was ₹1,197.47 Lakh, down from ₹1,444.93 Lakh in Q4 FY25, while full-year net profit rose to ₹3,675.20 Lakh from ₹283.01 Lakh in FY25. The board also appointed M/s. DAT & Associates as internal auditor for FY 2026-27.

  • · Basic EPS for Q4 FY26: ₹4.38 (Q4 FY25: ₹5.41); for FY26: ₹17.73 (FY25: ₹3.43)
  • · Diluted EPS for Q4 FY26: ₹3.44 (Q4 FY25: ₹5.41); for FY26: ₹13.05 (FY25: ₹3.43)
  • · Total expenses for Q4 FY26: ₹3,061.15 Lakh (Q4 FY25: ₹4,520.87 Lakh); for FY26: ₹10,235.72 Lakh (FY25: ₹2,311.29 Lakh)
  • · Tax expense for Q4 FY26: ₹404.06 Lakh (Q4 FY25: ₹545.07 Lakh); for FY26: ₹1,257.92 Lakh (FY25: ₹88.00 Lakh)
  • · Appointment of M/s. DAT & Associates as Internal Auditor for FY 2026-27 effective May 29, 2026
  • · Board meeting commenced at 2:00 PM and concluded at 8:45 PM on May 29, 2026
Inox Green Energy Services Limited Analyst/Investor Meet neutral materiality 2/10

29-05-2026

Inox Green Energy Services Limited has informed the stock exchanges about the audio recording of a conference call held with investors and analysts on May 29, 2026, at 17:00 IST. The call was conducted subsequent to the release of the company's standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The filing itself contains only logistical details of the call and does not disclose any financial results or performance metrics.

  • · Conference call held on May 29, 2026, at 17:00 hrs IST
  • · Call link available at inoxgreen.com/PDF/10044058_123.mp3
  • · Filing made under Regulation 30 and 46(2)(oa) of SEBI LODR Regulations, 2015
  • · No financial figures, performance data, or forward-looking statements are included in this intimation
Halder Venture Limited Corporate Governance mixed materiality 7/10

29-05-2026

Halder Venture Limited's Board approved standalone and consolidated audited financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. However, the auditor highlighted a material contravention of Section 19 of the Companies Act, 2013, where two subsidiaries hold 8,22,654 shares (6.61% holding) of the company, though the company expects no financial liability. The Board also recommended appointment of M/s P. Somani & Co. as statutory auditor for five years, increased borrowing and investment limits to ₹1,000 Crore each, and approved commission to Non-Executive Director Mrs. Poulomi Halder.

  • · The Board meeting commenced at 04:00 PM and concluded at 8:30 PM on 29th May, 2026.
  • · The statutory auditor Sen & Ray's tenure ends at the ensuing 44th Annual General Meeting.
  • · M/s P. Somani & Co. (FRN 130819W) is recommended as statutory auditor for 5 consecutive years from FY 2026-27 AGM to FY 2031-32 AGM.
  • · M/s J Kumar Jain & Associates (FRN 330168E) reappointed as internal auditor for FY 2026-27.
  • · J Pal & Co appointed as cost auditor for FY 2026-27, subject to shareholder ratification.
  • · The company's subsidiaries hold 8,22,654 shares (6.61% holding) in contravention of Section 19 of the Companies Act, 2013; the subsidiaries have commenced disposal of these shares.
  • · The auditor's opinion is unmodified (clean) despite the emphasis of matter on the shareholding contravention.
Indian Renewable Energy Development Agency Limited Corporate Governance mixed materiality 8/10

29-05-2026

IREDA's Board approved audited standalone and consolidated financial results for Q4 & FY 2025-26, recommended a final dividend of ₹0.75 per share (7.50%) for FY 2025-26 in addition to the interim dividend of ₹0.60 per share. The company is non-compliant with SEBI (LODR) Regulations regarding the composition of the Board of Directors due to insufficient Independent Directors — the Board noted the matter is beyond its control and sought waiver of fines from stock exchanges. The Board also approved an amendment to the MOA's object clause to explore new business opportunities in emerging clean energy technologies (CCUS, civil nuclear, green buildings, etc.) to support India's Net Zero goals.

  • · The Board meeting commenced at 06:00 PM and concluded at 09:05 PM on May 29, 2026.
  • · The auditors drew attention to three Emphasis of Matter: (i) constitution of the audit committee, (ii) compliance with RBI IRACP Norms 2025 including the transfer of the difference between Ind AS 109 impairment and IRACP provisions to Impairment Reserve, and (iii) disclosure on the New Labour Law Framework (no impact on the company).
  • · The final dividend, if approved by shareholders at the AGM, will be paid within 30 days of declaration exclusively through electronic mode; physical instruments (cheques/warrants) have been discontinued.
  • · The Record Date for the final dividend will be fixed and intimated separately.
  • · The company is non-compliant with SEBI LODR Regulations on Board composition (including lack of sufficient Independent Directors and a woman director); the Board requested MNRE to expedite appointments and asked stock exchanges to waive fines.
  • · The company already classified certain accounts as Stage III Standard (auditor's Other Matters paragraph suggests a provisioning/classification issue still under review).
Storage Technologies and Automation Limited Corporate Governance negative materiality 9/10

29-05-2026

Storage Technologies and Automation Limited reported a sharp deterioration in FY26 results, with consolidated revenue declining 15.4% YoY to ₹849.70 Mn and swinging to a net loss of ₹32.75 Mn from a profit of ₹35.51 Mn in FY25. The standalone business also saw revenue fall 10.2% to ₹848.00 Mn and a net loss of ₹31.27 Mn. The weakness was driven by order cancellations, project deferrals, geopolitical disruptions, and fixed-cost overhang, particularly in H2 FY26. However, the outstanding order book improved to ~₹350 Mn by May 2026, and management expects FY27 revenue to grow upwards of 20% with a return to EBITDA profitability.

  • · The statutory auditor MSSV & Co issued an unmodified (clean) audit opinion on both standalone and consolidated financial statements for FY26.
  • · An Emphasis of Matter paragraph in the audit report highlights non-compliance with Karnataka Compulsory Gratuity Insurance Rules, 2024 — the company has not obtained gratuity insurance or established an approved gratuity fund.
  • · The company has three subsidiaries: DI & P Services Private Limited, Glaukoustech Solutions Private Limited, and Rollers and Racks FZ-LLC (UAE).
  • · Consolidated H2 FY26 revenue was ₹377.56 Mn, down 25.9% YoY and 20% sequentially from H1 FY26's ₹472.14 Mn.
  • · Consolidated H2 FY26 EBITDA was a loss of ₹14.43 Mn vs. a profit of ₹53.15 Mn in H2 FY25.
  • · Standalone gross margin contracted to 36.4% in FY26 from 38.2% in FY25.
  • · Employee costs remained elevated at ₹117.00 Mn (consolidated) and ₹117.01 Mn (standalone), contributing to the EBITDA loss.
  • · Management expects FY27 revenue growth of at least 20%, with potential 10-15% upside from export market acceleration.
  • · The order book improved from ~₹200 Mn at March 31, 2026 to ~₹350 Mn by May 2026.
  • · The installation segment, which historically contributed ~₹60 Mn in margin, is expected to recover to ~₹120 Mn in FY27.

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