Executive Summary
Today's digest (May 22, 2026) reveals a market characterized by sharp divergences: robust full-year growth for several companies is masking significant Q4 slowdowns and sector-specific headwinds. Key themes include a pronounced sequential deceleration in Q4 FY26 for major players like GSFC (net profit down 78% QoQ) and TTK Prestige (revenue down 7% QoQ), contrasting with strong YoY growth.
A significant restructuring is underway at One Mobikwik Systems, which is slumping its LSP business to a subsidiary via a ₹952 Mn NCD deal, a move tied to its NBCCOR ambitions. The diamond jewelry sector shows a worrying cash burn pattern, with Koura Fine Diamond's cash dropping 97% despite a revenue surge. Meanwhile, the auditor's report for Engineers India flags material risks from unapproved claims and doubtful receivables. On the positive side, Bansal Roofing Products and Remsons Industries delivered strong operational performances with 54% and 26% revenue growth respectively. The digest also highlights a cluster of board meetings scheduled for May 27-30, 2026, which will be a key catalyst for price discovery in the coming week.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: Corporate governance · Corporate action · Company update
Tracking the trend? Catch up on the prior India Stock Market Daily Regulatory Digest digest from May 21, 2026.
Investment Signals (10)
- Bansal Roofing Products ↓ (BULLISH)▲
Revenue surged 53.9% YoY in Q4 FY26 and 59.7% for the full year, with net profit growing 84.5% and 90.3% respectively, driven by strong operational leverage. Auditor's opinion is unmodified.
- Remsons Industries ↓ (BULLISH)▲
Consolidated revenue grew 25.6% YoY in FY26 to ₹47,394 Lakhs, with net profit also up 25.6%. Q4 revenue was up 22.8% YoY, showing sustained momentum.
- Vaibhav Global ↓ (MIXED)▲
Full-year net profit surged 73.7% YoY on 9.2% revenue growth, indicating significant margin expansion. However, Q4 revenue declined 12.3% sequentially, signaling a potential slowdown.
- SMS Pharmaceuticals ↓ (MIXED)▲
Full-year net profit grew 28.1% YoY, outpacing 13.3% revenue growth, demonstrating margin improvement. However, Q4 revenue declined 4.1% YoY, a cautionary signal.
- TTK Prestige ↓ (BEARISH)▲
Standalone Q4 PAT jumped 72.4% YoY, but this was from a low base (depressed by ₹32 Cr impairment in Q4 FY25). Sequential revenue declined 7.1% QoQ, and export sales fell 40.9%, highlighting domestic slowdown and global headwinds.
- GSFC (BEARISH)▲
Full-year revenue grew 14.8% YoY, but Q4 net profit plunged 78.2% QoQ due to a ₹45.72 Cr loss in the fertilizer segment. The industrial products segment profit surged 12x QoQ, creating a stark divergence.
- Koura Fine Diamond Jewelry ↓ (BEARISH)▲
Full-year revenue more than doubled (118.7% YoY), but H2 revenue declined 47% from H1, and cash balances collapsed 97% to ₹13.95 Lakhs, suggesting aggressive working capital burn or potential financial stress.
- VL E-Governance & IT Solutions ↓ (BEARISH)▲
Net loss narrowed sharply to ₹113 Lakhs from ₹2,517 Cr, but this was entirely due to the absence of a massive prior-year exceptional item. Revenue declined 44.1% YoY, and negative other equity worsened, indicating a deteriorating core business.
- Laxmi Dental ↓ (MIXED)▲
Record Q4 revenue of ₹74 Cr (up 21.9% YoY) with strong EBITDA margin of 18.3%. However, full-year PAT declined 9.2% due to one-time expenses, and gross margins fell due to higher scanner sales mix.
- One Mobikwik Systems ↓ (NEUTRAL)▲
The slump sale of its LSP business (22.7% of revenue) for ₹952 Mn in NCDs is a strategic move to streamline operations for an NBFC license. This could unlock value but also reduces revenue scale.
Risk Flags (8)
- Engineers India / Revenue Realization Risk↓ [HIGH RISK]▼
₹86.33 Cr of revenue is recognized on an unapproved change order claim from HRRL, and a ₹42.38 Cr receivable from an Angolan client was reclassified as doubtful. These represent material risks to cash flow and asset quality.
- Next Mediaworks / Going Concern Risk↓ [CRITICAL RISK]▼
The company has zero revenue, a fully eroded net worth, and the auditor has issued an emphasis of matter stating financials are prepared on a non-going concern basis. An exceptional loss of ₹72 Lacs was also recognized.
- Koura Fine Diamond Jewelry / Cash Burn Risk↓ [HIGH RISK]▼
Despite a 118.7% YoY revenue surge, cash and bank balances plummeted from ₹404.44 Lakhs to ₹13.95 Lakhs. This 97% decline in cash, combined with a 47% sequential revenue drop in H2, signals a severe liquidity crunch.
- HB Stockholdings / Investment Loss Risk↓ [HIGH RISK]▼
Net loss on fair value changes of investments widened sharply to ₹906.68 Lakhs in Q4 FY26 (vs ₹408.93 Lakhs in Q3), driving a 39% YoY increase in the quarterly net loss. Finance costs also rose 118.7% YoY.
- GSFC / Fertilizer Segment Volatility [HIGH RISK]▼
The standalone fertilizer segment swung from a profit of ₹119.46 Cr in Q3 to a loss of ₹45.72 Cr in Q4, a massive QoQ deterioration. This segment's volatility is a key risk to overall earnings.
- Asian Hotels (North) / Sector Headwind↓ [MEDIUM RISK]▼
The hotel sector faces a seasonally weak Q4, and the company's board meeting on May 28 will reveal if the broader slowdown in discretionary spending has impacted performance.
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Other equity remains deeply negative at ₹(6,388.52) Lakhs and worsening, indicating accumulated losses exceed capital. Revenue also declined 44.1% YoY, showing a shrinking business.
- TTK Prestige / Export & Input Cost Risk↓ [MEDIUM RISK]▼
Export sales declined 40.9% YoY, and the UK subsidiary posted negative EBITDA. Rising commodity prices and rupee depreciation are adding to input cost pressures, threatening margins.
Opportunities (8)
- Bansal Roofing Products / High Growth Play↓ (OPPORTUNITY)◆
With 59.7% revenue growth and 90.3% net profit growth in FY26, the company is a high-growth small-cap. The unmodified audit opinion and strong operating leverage make it a potential alpha generator.
- Remsons Industries / Consistent Performer↓ (OPPORTUNITY)◆
The company has delivered 25.6% YoY growth in both revenue and net profit for FY26. Q4 revenue growth of 22.8% YoY shows no signs of slowdown, making it a reliable compounder in the auto ancillary space.
- Swelect Energy Systems / Dividend & AGM Catalyst↓ (OPPORTUNITY)◆
The Board recommended a final dividend of ₹3.50/share, and the AGM is scheduled for July 31, 2026. The clean audit opinion from Deloitte provides confidence. The record date is July 24, 2026.
- One Mobikwik Systems / NBFC License Catalyst↓ (OPPORTUNITY)◆
The restructuring via slump sale is a precondition for its subsidiary to obtain an RBI NBFC Certificate of Registration. Successful completion could significantly enhance the company's regulatory standing and business scope.
- Vaibhav Global / Margin Recovery Play↓ (OPPORTUNITY)◆
Full-year net profit surged 73.7% YoY, far outpacing 9.2% revenue growth, indicating significant operating leverage. If the Q4 sequential revenue decline is seasonal, the stock could be undervalued.
- Laxmi Dental / Digital Penetration Story↓ (OPPORTUNITY)◆
Q4 digital penetration reached ~80% for the Indian dental business. Despite margin pressure from scanner sales, the core dental business gross margin is steady at ~76%, providing a base for recovery.
- GSFC / Industrial Segment Turnaround (OPPORTUNITY)◆
The industrial products segment profit surged 12x QoQ to ₹112.85 Cr in Q4, partially offsetting fertilizer weakness. If this trend continues, it could be a significant earnings driver.
- Dhampur Sugar Mills / Interim Dividend Capture↓ (OPPORTUNITY)◆
The company declared an interim dividend of ₹2/share with a record date of May 26, 2026. Investors looking for dividend capture have a short window before the ex-date.
Sector Themes (6)
- Q4 FY26 Sequential Slowdown◆
A clear pattern of QoQ deceleration is visible across multiple sectors. GSFC (net profit -78% QoQ), TTK Prestige (revenue -7% QoQ), and Vaibhav Global (revenue -12% QoQ) all show a sharp drop in Q4 performance compared to Q3, suggesting a broad-based demand slowdown in the March quarter.
- Diamond & Jewelry Sector Cash Stress◆
Koura Fine Diamond Jewelry's cash balance collapse of 97% despite a revenue surge is a major red flag for the sector. This suggests that rapid revenue growth may be coming at the cost of severe working capital strain, a pattern investors should watch for in other small-cap jewelry companies.
- Capital Allocation: Dividends Over Buybacks◆
Among companies reporting results, the dominant form of shareholder return is dividends. GSFC (₹5/share), TTK Prestige (₹7.50/share), Swelect Energy (₹3.50/share), and Vaibhav Global (₹1.50/share) all recommended dividends. No buybacks were announced, indicating a preference for returning cash via dividends.
- Audit Quality & Risk Disclosures◆
Several filings highlight the importance of reading auditor reports. Engineers India's emphasis of matter on unapproved claims and Next Mediaworks' non-going concern basis are critical red flags that would be missed by only looking at headline numbers. This underscores the need for deep-dive analysis.
- Fintech Restructuring for Regulatory Compliance◆
One Mobikwik's slump sale of its LSP business to a subsidiary is a strategic move to meet RBI's requirements for an NBFC license. This trend of corporate restructuring to align with evolving fintech regulations could be a key theme for the sector in 2026.
- Mid-Cap Pharma Shows Margin Recovery◆
SMS Pharmaceuticals reported a 28.1% YoY net profit growth against 13.3% revenue growth, indicating margin expansion. This contrasts with the broader market narrative of margin compression and could signal a recovery in the mid-cap pharma space.
Watch List (8)
- GSFC / Earnings Call👁
The sharp QoQ swing in the fertilizer segment and the 12x surge in industrial products profit warrant close monitoring. The earnings call will be key to understanding if these trends are sustainable. [Date: TBD]
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The slump sale and IPO proceeds reallocation require shareholder approval. The outcome of the vote and the timeline for the NBFC license will be critical catalysts. [Date: TBD]
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The resolution of the ₹86.33 Cr unapproved claim and the ₹42.38 Cr doubtful receivable will be key to cash flow recovery. Any positive development could be a significant stock catalyst. [Date: Ongoing]
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The company's cash position of just ₹13.95 Lakhs against a revenue of ₹9,178 Lakhs is extremely precarious. The next quarterly update will be critical to assess if the company can sustain operations. [Date: Q1 FY27 Results]
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With exports down 40.9% and the UK subsidiary posting negative EBITDA, the company's international strategy needs a turnaround. Watch for any management commentary on this front. [Date: Ongoing]
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The postal ballot for appointing Mr. Srinivasan Varadarajan as an Independent Director is a key governance event. The outcome will be announced on or before June 25, 2026. [Date: June 25, 2026]
- Cluster of Board Meetings (May 27-30)👁
A large number of companies (Asian Hotels, Godavari Drugs, Glen Industries, Citadel Realty, SMS Pharma, Intrasoft, etc.) are holding board meetings next week to approve Q4/FY26 results. This will be a major source of price discovery and volatility. [Date: May 27-30, 2026]
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With zero revenue and a non-going concern audit opinion, the company's ability to continue as a listed entity is in question. Any regulatory action or delisting announcement would be a material event. [Date: Ongoing]
Filing Analyses
(50)
21-05-2026
Engineers India Limited reported audited standalone and consolidated financial results for FY2025-26 and Q4 FY2025-26, with the Board recommending a final dividend of ₹2.50 per share (face value ₹5 each). The auditor's report highlights significant uncertainties: a ₹86.33 crore revenue recognized on an unapproved change order claim from HRRL, a ₹42.38 crore trade receivable from an Angolan client reclassified as doubtful with full expected credit loss provision, and ongoing litigation involving a contractor's claim of ₹40960.75 Lakh and a counterclaim of ₹12907.15 Lakh. While the audit opinion is unmodified, these matters indicate material risks to revenue realization and asset quality.
- · The Board meeting commenced at 05:30 PM and concluded at 10:00 PM on 21st May 2026.
- · The final dividend of ₹2.50 per share is subject to shareholder approval at the ensuing Annual General Meeting.
- · The auditor's report includes an Emphasis of Matter paragraph regarding the HRRL change order claim: the client has agreed in-principle but no formal contract modification has been received, and prior period claims also remain unapproved, increasing uncertainty.
- · The Angola trade receivable (₹42.38 crore) was reclassified from 'considered good' to 'doubtful' during the year, with an equivalent expected credit loss allowance created by offsetting the corresponding contract liability.
- · The CAG had previously highlighted that trade receivables outstanding for more than three years should be 100% provisioned under Ind AS 109, and that revenue recognition for the Angola case may be required under Ind AS 115.
- · The auditor's Key Audit Matters include revenue recognition from construction contracts and contingent liabilities related to commercial claims and tax/legal disputes.
21-05-2026
Super Fine Knitters Limited has informed the Bombay Stock Exchange that a Board Meeting will be held on Friday, 29 May 2026, to consider and approve the Audited Financial Results for the half year and financial year ended 31 March 2026. The trading window for dealing in the company's securities will remain closed until 48 hours after the declaration of the financial results.
- · The Board Meeting is scheduled for 29 May 2026.
- · The financial results to be approved are for the half year and financial year ended 31 March 2026.
- · Trading window closure will remain in effect until 48 hours after the results are declared.
- · The company's UDYAM registration number is UDYAM-PB-12-0002384.
- · The company's CIN is L18101PB1998PLC021814.
- · Scrip code on BSE is 540269.
22-05-2026
Life Insurance Corporation of India (LIC) has informed the stock exchanges that the audio recording of its conference call with analysts and investors held on May 21, 2026, is now available on its website. This disclosure is made pursuant to SEBI Listing Regulations. No financial results or specific business updates were provided in this filing.
- · The audio recording is available at https://licindia.in/f.y.-2025-262
- · Filing reference number: LIC/SE/2026-27/36
- · The conference call was held on May 21, 2026
22-05-2026
VL E-Governance & IT Solutions Limited reported a net loss of ₹113.07 Lakhs for the year ended March 31, 2026, compared to a net loss of ₹2,51,703.25 Lakhs in the prior year, which included a massive exceptional item of ₹2,51,841.28 Lakhs. Revenue from operations declined sharply by 44.1% to ₹1,715.43 Lakhs from ₹3,068.86 Lakhs in FY25, while total expenses also fell by 39.5% to ₹1,876.25 Lakhs. The company's other equity remained negative at ₹(6,388.52) Lakhs, worsening from ₹(6,275.48) Lakhs in the prior year.
- · The statutory auditors (BKG Associates) issued an unmodified (clean) audit opinion on the standalone financial results.
- · The company's total assets decreased to ₹4,719.82 Lakhs as of March 31, 2026, from ₹4,848.32 Lakhs as of March 31, 2025.
- · Total equity decreased to ₹4,456.61 Lakhs from ₹4,569.66 Lakhs, driven by the widening negative other equity.
- · The company reported zero finance costs for both the current and prior year periods.
- · The company's business falls within a single operating segment: 'E-Governance & IT/ITES Business (B2B)'.
- · The Q4 FY26 net loss of ₹58.73 Lakhs was an improvement from the Q4 FY25 net loss of ₹2,51,940.04 Lakhs, which included the exceptional item.
22-05-2026
Engineers India Limited's Board approved audited standalone and consolidated financial results for FY2025-26 and recommended a final dividend of ₹2.50 per share. The auditor's report highlights significant uncertainties: ₹86.33 crore of revenue recognized on an unapproved change order claim from HRRL, a ₹42.38 crore trade receivable from an Angolan client reclassified as doubtful, and ongoing litigation involving contractor claims of ₹40960.75 Lakh and counterclaims of ₹12907.15 Lakh. While the company reported an unmodified audit opinion, these matters indicate material risks to revenue realization and asset quality.
- · The Board meeting commenced at 05:30 PM and concluded at 10:00 PM on 21st May 2026.
- · The auditor's report includes an Emphasis of Matter regarding the HRRL change order claim: the client has agreed in-principle but no formal contract modification has been received, and prior period claims also remain unapproved.
- · The Angola trade receivable (₹42.38 crore) was reclassified from 'considered good' to 'doubtful' during the year, with an allowance for expected credit losses created by offsetting the corresponding contract liability.
- · CAG had previously highlighted that trade receivables outstanding for more than three years should be 100% provisioned per Ind AS 109, and that revenue recognition on the Angola invoice may be required under Ind AS 115.
- · The auditor's opinion is unmodified despite these matters.
22-05-2026
Laxmi Dental Limited reported its highest-ever quarterly revenue of INR 74.0 Cr in Q4FY26, a 21.9% YoY increase, driven by strong recovery in domestic business and record international sales. EBITDA margin stood at 18.3% and PAT margin at 13.6%, despite half-quarter impact of higher US tariffs. For the full year FY26, revenue grew 16.2% YoY to INR 278 Cr, but PAT declined 9.2% to INR 28.9 Cr (versus INR 31.8 Cr in FY25), partly due to a one-time exceptional gratuity expense of INR 5.78 Cr and higher ESOP costs.
- · Q4FY26 Digital penetration for Indian Dental business stands at ~80%
- · Q4FY26 Gross Profit Margin was 70.5%, down from 78.7% in Q4FY25, partly due to higher scanner sales mix
- · Core Dental Business (excluding scanner) gross margin steady at ~76.0%
- · Q4FY26 Other Expenses declined to INR 118.7 Mn from INR 138.4 Mn in Q4FY25, a 14.2% drop
- · Q4FY26 Finance Cost reduced sharply to INR 3.5 Mn from INR 12.6 Mn in Q4FY25
- · FY26 Revenue includes a one-time deferred tax credit of INR 32.3 Mn from US subsidiary profitability
- · Q4FY26 Basic EPS: INR 1.83 (vs INR 0.79 in Q4FY25); FY26 Basic EPS: INR 5.27 (vs INR 6.07 in FY25)
- · Cash flow from operations was negative INR 50 Mn in FY26, compared to positive INR 438.3 Mn in FY25, due to working capital build-up
- · Net Cash from Investing Activities in FY26 was INR -795.8 Mn (vs INR -292.4 Mn in FY25), likely reflecting higher capex or investments
- · Total borrowings reduced to zero as of March 31, 2026, from INR 106.1 Mn (non-current) and INR 7.6 Mn (current) as of March 31, 2025
- · Cash and cash equivalents dropped to INR 84.0 Mn as of March 31, 2026, from INR 908.2 Mn as of March 31, 2025, largely due to investments deployed
22-05-2026
SWELECT Energy Systems Ltd. (formerly SWELECT Systems Ltd.) held a Board Meeting on May 21, 2026, approving unaudited standalone and consolidated financial results for Q4 FY26 and audited results for FY26, with an unmodified audit opinion from Deloitte Haskins & Sells LLP. The Board recommended a final dividend of ₹3.50 per equity share (face value ₹10) for FY26, subject to shareholder approval at the AGM scheduled for July 31, 2026. The meeting also approved the appointment of a new internal auditor (M/s. S K Ram Associates) and cost auditor (M/s. Ravichandran Bhagyalakshmi & Associates) for FY27.
- · Statutory Auditors (Deloitte Haskins & Sells LLP) issued an unmodified opinion on audited standalone and consolidated financial results for the year ended March 31, 2026.
- · Board appointed M/s. S K Ram Associates as Internal Auditor for FY 2026-2027.
- · Board appointed M/s. Ravichandran Bhagyalakshmi & Associates as Cost Auditor for FY 2026-2027 (remuneration subject to shareholder ratification).
- · 31st Annual General Meeting scheduled for July 31, 2026 via Video Conferencing/Other Audio-Visual Means.
- · Record date for AGM and dividend eligibility is July 24, 2026; register of members closed from July 25 to July 31, 2026.
- · Dividend payment (if approved) will be made/credited on August 13, 2026.
- · The Board also approved the standalone and consolidated Financial Statements, Board's Report, and Report on Corporate Governance for FY 2025-26.
22-05-2026
Swelect Energy Systems Limited's Board approved audited standalone and consolidated financial results for FY2025-26 and unaudited results for Q4 FY2026, with an unmodified audit opinion from Deloitte Haskins & Sells LLP. The Board recommended a final dividend of ₹3.50 per equity share (face value ₹10) for FY2025-26, subject to shareholder approval at the 31st AGM scheduled for July 31, 2026. Additionally, the Board appointed new internal and cost auditors for FY2026-27. No specific financial figures (revenue, profit, etc.) were disclosed in this filing, so period-over-period performance cannot be assessed.
- · The Board meeting commenced at 14:26 Hrs and ended at 23:00 Hrs on May 21, 2026.
- · The 31st Annual General Meeting will be held on July 31, 2026 via Video Conferencing / Other Audio-Visual Means.
- · Record date for AGM and dividend entitlement is July 24, 2026; register of members closed from July 25 to July 31, 2026.
- · Dividend payment date (if approved) is August 13, 2026.
- · M/s. S K Ram Associates appointed as Internal Auditor for FY2026-27.
- · M/s. Ravichandran Bhagyalakshmi & Associates appointed as Cost Auditor for FY2026-27 (remuneration subject to shareholder ratification).
- · Statutory auditors issued an unmodified (clean) opinion on the audited standalone and consolidated financial results for FY2025-26.
22-05-2026
SWELECT Energy Systems Limited's Board approved audited standalone and consolidated financial results for the year ended March 31, 2026, with an unmodified audit opinion from Deloitte Haskins & Sells LLP. The Board recommended a final dividend of ₹3.50 per equity share (face value ₹10) for FY2025-26, subject to shareholder approval at the 31st AGM scheduled for July 31, 2026. Additionally, the Board appointed new internal and cost auditors for FY2026-27, while no specific financial performance figures (revenue, profit, or segment data) were disclosed in this filing, limiting the ability to assess period-over-period trends.
- · The Board approved unaudited standalone and consolidated financial results for Q4 FY2026 and audited results for FY2025-26.
- · Statutory auditors (Deloitte Haskins & Sells LLP) issued an unmodified opinion on the audited standalone and consolidated financial results for the year ended March 31, 2026.
- · The 31st Annual General Meeting (AGM) is scheduled for July 31, 2026, via video conferencing.
- · Record date for AGM and dividend entitlement is July 24, 2026; register of members will be closed from July 25 to July 31, 2026.
- · Dividend payment date (if approved) is August 13, 2026.
- · M/s. S K Ram Associates appointed as Internal Auditor for FY2026-27.
- · M/s. Ravichandran Bhagyalakshmi & Associates appointed as Cost Auditor for FY2026-27 (remuneration subject to shareholder ratification).
- · The Board also approved the Board's Report, Report on Corporate Governance, and took on record the Certificate on Corporate Governance and Secretarial Audit Report for FY2025-26.
- · No financial performance figures (revenue, profit, segment data) were disclosed in this filing.
22-05-2026
Vaibhav Global Limited reported a strong annual performance for FY26 with consolidated revenue from operations increasing 9.2% YoY to ₹3,69,178.57 lakh and net profit surging 73.7% to ₹26,612.91 lakh. However, Q4 FY26 revenue of ₹93,470.74 lakh declined 12.3% sequentially from Q3 FY26's ₹1,06,602.51 lakh, and the UK segment posted a segment loss of ₹2,256.16 lakh in Q4. The Board recommended a final dividend of ₹1.50 per equity share and approved the audited financial results.
- · The Board meeting commenced on 21 May 2026 at 06:00 PM IST and concluded on 22 May 2026 at 1:30 AM IST.
- · The 37th Annual General Meeting is scheduled for Tuesday, 4 August 2026.
- · Final dividend of ₹1.50 per equity share (face value ₹2) recommended, subject to shareholder approval.
- · Exceptional items in Q4 FY26 include a gain of ₹2,969.08 lakh in the US segment, an impairment of goodwill of ₹2,501.55 lakh in the UK segment, and an impairment of loan of ₹450.00 lakh in India.
- · The company transitioned to the new tax regime effective 1 April 2026, recognizing an incremental deferred tax asset of ₹4,670.93 lakh related to MAT credit.
- · Cash and cash equivalents increased significantly to ₹33,354.45 lakh as of 31 March 2026 from ₹9,118.50 lakh a year earlier.
- · Total assets grew to ₹2,54,725.45 lakh from ₹2,04,000.87 lakh as of 31 March 2025.
- · Segment-wise, the US segment revenue for FY26 was ₹2,28,821.40 lakh (up 10.4% YoY), UK segment revenue was ₹1,03,467.88 lakh (up 10.8% YoY), while India segment revenue declined 15.4% YoY to ₹58,513.32 lakh.
- · Content and broadcasting expenses for FY26 were ₹72,443.02 lakh, up 11.4% from ₹65,021.57 lakh in FY25.
22-05-2026
Vaibhav Global Limited has fixed Friday, June 26, 2026, as the record date for the purpose of payment of the final dividend for FY 2025-26, subject to shareholder approval. The announcement provides a clear timeline for dividend eligibility.
- · Record date is Friday, 26th June, 2026.
- · Final dividend payment is contingent upon approval by the Members (shareholders).
- · The record date applies to equity shares listed under NSE symbol VAIBHAVGBL and BSE scrip code 532156.
22-05-2026
Asian Hotels (North) Limited has announced a Board Meeting scheduled for May 28, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The trading window, which closed on April 1, 2026, will reopen 48 hours after the results are declared.
- · The Board Meeting is scheduled for Thursday, May 28, 2026.
- · The trading window was closed from April 1, 2026, and will reopen 48 hours after the financial results are declared.
- · The meeting will consider audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.
22-05-2026
Aayush Wellness Ltd has informed the stock exchanges that a Board Meeting will be held on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The trading window for designated persons has been closed from April 1, 2026, and will reopen 48 hours after the results are declared.
- · The Board Meeting is scheduled for Friday, May 29, 2026, at the registered office of the company.
- · The trading window was closed from April 1, 2026, and will reopen 48 hours after the declaration of audited financial results.
- · The company's scrip code is 539528 and symbol is AAYUSH on BSE.
22-05-2026
Koura Fine Diamond Jewelry Limited reported audited financial results for the half year and year ended March 31, 2026. Full-year revenue more than doubled to ₹9,178.57 Lakhs (₹91.79 Cr) from ₹4,196.05 Lakhs (₹41.96 Cr) in FY2025, while net profit surged to ₹75.91 Lakhs from ₹17.25 Lakhs. However, the second half (H2 FY2026) saw a sharp revenue decline to ₹3,177.79 Lakhs from ₹6,000.78 Lakhs in H1, and the company's cash and bank balances dropped dramatically from ₹404.44 Lakhs to ₹13.95 Lakhs.
- · The statutory auditors (Bimal Shah Associates) issued an unmodified (clean) audit opinion for FY2026.
- · The company re-appointed Suthar & Surti as Secretarial Auditor and Munir Shah & Associates as Internal Auditor for FY2026-27.
- · Paid-up equity share capital increased from ₹360.15 Lakhs to ₹603.65 Lakhs, indicating a capital infusion or bonus issue.
- · Reserves and surplus grew from ₹513.76 Lakhs to ₹1,108.33 Lakhs.
- · Inventories nearly doubled to ₹1,550.56 Lakhs (from ₹821.82 Lakhs), while trade receivables surged over 9x to ₹157.41 Lakhs.
- · Short-term borrowings were reduced sharply from ₹487.48 Lakhs to ₹33.01 Lakhs.
- · Money received against share warrants stood at ₹55.94 Lakhs as of March 31, 2026 (nil in prior year).
- · Earnings per share (basic & diluted) for FY2026 was ₹1.26 vs ₹0.48 in FY2025.
- · The Board meeting started at 12:30 PM and concluded at 1:15 PM on May 22, 2026.
22-05-2026
Next Mediaworks Limited reported a net loss of ₹528 Lacs for FY26 compared to a profit of ₹394 Lacs in FY25, with a total comprehensive loss of ₹1,074 Lacs (vs. profit of ₹324 Lacs). The company has zero revenue from operations and its net worth is fully eroded, leading the auditor to issue an emphasis of matter stating the financial results have been prepared on a non‑going concern basis. An exceptional loss of ₹72 Lacs was recognised due to impairment of GST input tax credit.
- · Company has no business operations and no operating cash flows — net current asset position exists but going concern assumption is no longer appropriate.
- · Exceptional loss of ₹72 Lacs due to impairment of GST Input Tax Credit.
- · Other comprehensive loss of ₹546 Lacs for the year ended March 31, 2026 due to decline in fair value of Equity Instruments classified under FVTOCI.
- · Inter-corporate borrowing of ₹452 Lacs finance cost for FY26, contractually due for repayment in August 2027 — repayment uncertainty flagged.
- · Loss per share for FY26: basic and diluted (₹0.79) vs. EPS of ₹0.59 in FY25.
- · Net worth fully eroded with negative other equity of ₹10,225 Lacs as at March 31, 2026.
22-05-2026
Birla Capital & Financial Services Ltd reported audited standalone financial results for the quarter and year ended March 31, 2026. The company posted a net profit of ₹0.30 Lakh for the quarter (Q4 FY26) compared to a net loss of ₹0.63 Lakh in the preceding quarter (Q3 FY26), but this represents a sharp decline from the ₹0.18 Lakh profit reported in the same quarter last year (Q4 FY25). For the full fiscal year FY26, net profit was ₹0.80 Lakh versus a net loss of ₹2.56 Lakh in FY25, showing a year-over-year improvement. However, total income for the quarter fell 47% sequentially to ₹3.00 Lakh from ₹5.70 Lakh in Q4 FY25, and the company continues to report negative other equity of ₹922.63 Lakh, indicating accumulated losses.
- · The company's total expenses for Q4 FY26 were ₹3.06 Lakh, exceeding total income of ₹3.00 Lakh, resulting in a pre-tax loss of ₹0.06 Lakh before deferred tax adjustment.
- · Deferred tax credit of ₹0.38 Lakh in Q4 FY26 turned the pre-tax loss into a net profit of ₹0.30 Lakh.
- · Other equity (accumulated losses) stood at negative ₹922.63 Lakh as of March 31, 2026, compared to negative ₹923.43 Lakh a year earlier, showing marginal improvement.
- · Cash and cash equivalents increased to ₹0.95 Lakh at March 31, 2026 from ₹0.71 Lakh at March 31, 2025.
- · Trade receivables remained flat at ₹1.60 Lakh year-over-year.
- · The company has no reportable segments other than a single operating segment.
- · The auditor's report is unmodified (clean opinion) with no emphasis of matter paragraphs.
22-05-2026
SVP Global Textiles Limited has informed the stock exchanges that its Board of Directors will meet on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for designated persons and insiders has been closed since April 1, 2026, and will remain closed until 48 hours after the results are declared.
- · The company was formerly known as SVP Global Ventures Limited.
- · The trading window closure began on April 1, 2026, and will remain closed until 48 hours after the results declaration.
- · The Board meeting is scheduled for Friday, May 29, 2026, at the registered office in Mumbai.
22-05-2026
Remsons Industries Limited approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Consolidated revenue for FY26 grew 25.6% YoY to ₹47,394.75 Lakhs and net profit rose 25.6% to ₹1,805.05 Lakhs, driven by strong operating performance. However, Q4 standalone profit before exceptional items fell sharply to ₹539.26 Lakhs from ₹889.44 Lakhs in Q3, and the board recommended a minimal dividend of Re. 0.10 per share (5% on face value of ₹2). A new ESOP 2026 scheme for up to 1,00,000 equity shares was also approved.
- · Consolidated revenue from operations in Q4 FY26 was ₹13,040.15 Lakhs, up 5.9% QoQ from ₹12,309.62 Lakhs in Q3 FY26 and up 22.8% from ₹10,618.34 Lakhs in Q4 FY25.
- · Consolidated net profit (attributable to owners) for Q4 FY26 was ₹522.45 Lakhs vs ₹512.44 Lakhs in Q3 and ₹455.44 Lakhs in Q4 FY25, showing modest sequential and year-on-year growth.
- · Exceptional items in Q4 FY26: ₹84.22 Lakhs charge (same as Q3 FY26, vs nil in Q4 FY25).
- · Dividend recommended: Re. 0.10 per share (5% on face value of ₹2), subject to shareholder approval at the AGM.
- · Total comprehensive income for FY26 (consolidated) was ₹2,375.06 Lakhs vs ₹1,540.08 Lakhs in FY25.
- · Basic EPS (consolidated) for FY26: ₹5.18 vs ₹4.12 in FY25; for Q4 FY26: ₹1.50 vs ₹1.41 in Q3 and ₹1.31 in Q4 FY25.
- · Net cash from operating activities (FY26) surged to ₹5,993.98 Lakhs from ₹2,217.66 Lakhs in FY25.
- · Cash and cash equivalents at end of FY26: ₹1,961.44 Lakhs vs ₹1,088.53 Lakhs at end of FY25.
- · Auditors issued an unmodified opinion on both standalone and consolidated results.
22-05-2026
TTK Prestige reported standalone revenue from operations of ₹2,772.69 Cr for FY26, up 9.6% YoY from ₹2,530.32 Cr, and standalone net profit of ₹185.47 Cr, up 14.0% from ₹162.68 Cr. However, Q4 FY26 standalone revenue of ₹679.57 Cr declined 7.1% sequentially from ₹731.71 Cr in Q3 FY26, and consolidated Q4 revenue of ₹729.17 Cr fell 9.0% sequentially from ₹801.40 Cr, indicating a slowdown in the latest quarter. The Board recommended a dividend of ₹7.50 per share (750%) and approved the continuation of Chairman T.T. Raghunathan beyond age 75.
- · Standalone Q4 FY26 net profit was ₹50.79 Cr, up 72.4% YoY from ₹3.94 Cr in Q4 FY25, but down 72.5% sequentially from ₹29.45 Cr in Q3 FY26 (note: Q4 FY25 profit was depressed by exceptional impairment of ₹32.26 Cr).
- · Consolidated Q4 FY26 net profit was ₹36.08 Cr, compared to a loss of ₹42.39 Cr in Q4 FY25 (which included exceptional impairment of ₹71.42 Cr).
- · Standalone FY26 other income declined to ₹67.83 Cr from ₹76.43 Cr in FY25, a drop of 11.3%.
- · Standalone FY26 employee benefits expense rose to ₹270.15 Cr from ₹248.51 Cr, up 8.7% YoY.
- · Standalone FY26 depreciation and amortization increased to ₹74.41 Cr from ₹64.37 Cr, up 15.6% YoY.
- · Standalone FY26 other expenses grew to ₹633.15 Cr from ₹550.45 Cr, up 15.0% YoY.
- · Standalone FY26 cash flow from operations was ₹210.53 Cr, up from ₹154.06 Cr in FY25.
- · Standalone FY26 capital expenditure (purchase of PPE) was ₹86.76 Cr, more than double the ₹39.04 Cr in FY25.
- · The Board approved the continuation of Mr. T.T. Raghunathan as Director beyond age 75, subject to shareholder approval.
- · The 70th Annual General Meeting is scheduled for August 4, 2026 via video conferencing.
22-05-2026
Wakefit Innovations Ltd has informed the stock exchanges that the audio recording of its earnings conference call held on May 22, 2026, to discuss the audited financial results for the quarter and financial year ended March 31, 2026, is now available on the company's website. The filing itself does not contain any financial figures or performance data.
- · The audio recording is accessible via the company's investor relations page at www.wakefit.co/investor-relations.
- · The conference call was held on May 22, 2026, the same day as the filing.
- · The filing was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
22-05-2026
Dhampur Sugar Mills Limited declared an interim dividend of ₹2 per equity share (20% on face value of ₹10) for FY 2025-26, with a record date of May 26, 2026. The company also communicated detailed tax withholding requirements under the new Income-tax Act, 2025, applicable from April 1, 2026, including varying rates for resident and non-resident shareholders. No financial performance data or period-over-period comparisons were provided in this filing.
- · Record date for interim dividend eligibility is May 26, 2026.
- · Dividend will be paid only through electronic mode as per SEBI regulations.
- · Resident shareholders with valid PAN face a 10% withholding tax; without valid PAN, the rate is 20%.
- · Non-resident shareholders (FIIs/FPIs) face a withholding tax of 20% (plus surcharge and cess) or beneficial treaty rate, subject to document submission.
- · Shareholders must submit required documents (e.g., Form 121, TRC, Form 41) by May 26, 2026 to avail lower or nil withholding tax rates.
- · PAN-Aadhaar linking is mandatory; failure results in a 20% withholding tax rate.
- · The company will issue soft copy TDS certificates via email; shareholders can download Form 168 from the Income Tax Department website.
22-05-2026
SAB Events & Governance Now Media Limited has informed the stock exchanges that a Board Meeting is scheduled for May 29, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for insiders has been closed from April 1, 2026, and will reopen 48 hours after the results are declared. No financial figures or performance comparisons are provided in this filing.
- · Board meeting date: May 29, 2026
- · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026
- · Trading window closure period: April 1, 2026 until 48 hours after results declaration
- · Scrip code: 540081 (BSE), Symbol: SABEVENTS (NSE)
22-05-2026
Koura Fine Diamond Jewelry Limited reported audited financial results for the half year and year ended March 31, 2026. Full-year revenue more than doubled to ₹9,178.57 Lakhs from ₹4,196.05 Lakhs in FY25, and net profit surged to ₹75.91 Lakhs from ₹17.25 Lakhs. However, the second half (H2 FY26) saw a sharp revenue decline of 47% compared to H1 FY26, and the company's cash balance dropped drastically from ₹404.44 Lakhs to ₹13.95 Lakhs.
- · The statutory auditor, Bimal Shah Associates, issued an unmodified (clean) audit opinion for FY26.
- · The Board re-appointed Suthar & Surti as Secretarial Auditor and Munir Shah & Associates as Internal Auditor for FY 2026-2027.
- · Total expenses for FY26 were ₹9,084.36 Lakhs, up from ₹4,225.43 Lakhs in FY25.
- · Cost of raw material consumed in FY26 was ₹8,867.68 Lakhs vs ₹4,399.79 Lakhs in FY25.
- · Finance costs decreased from ₹26.22 Lakhs in FY25 to ₹15.70 Lakhs in FY26.
- · Trade receivables increased sharply from ₹15.72 Lakhs (Mar 2025) to ₹157.41 Lakhs (Mar 2026).
- · Short-term borrowings decreased from ₹487.48 Lakhs (Mar 2025) to ₹33.01 Lakhs (Mar 2026).
- · Reserves and surplus grew from ₹513.76 Lakhs to ₹1,108.33 Lakhs.
- · Earnings per share (basic & diluted) for FY26 was ₹1.26, up from ₹0.48 in FY25.
22-05-2026
Godavari Drugs Ltd. has informed the stock exchange that a Board Meeting will be held on May 27, 2026, to consider and approve the audited standalone financial results for the quarter and financial year ended March 31, 2026. The trading window for insiders has been closed since April 1, 2026, and will reopen 48 hours after the results are declared.
- · Board meeting scheduled for Wednesday, May 27, 2026.
- · Agenda includes approval of audited standalone financial results for Q4 and FY ended March 31, 2026.
- · Trading window closed from April 1, 2026, and will open 48 hours after results declaration.
- · Previous intimation regarding trading window closure was sent on March 23, 2026.
22-05-2026
Gujarat State Fertilizers & Chemicals Ltd. (GSFC) reported a 14.8% YoY increase in standalone revenue from operations to ₹10,827.25 Cr for FY26, with net profit rising 13.7% to ₹651.52 Cr. However, Q4 FY26 standalone revenue fell 9.4% sequentially to ₹2,621.59 Cr, and net profit plunged 78.2% QoQ to ₹34.24 Cr, reflecting a sharp sequential decline. The Board recommended a dividend of ₹5 per share (250% of face value ₹2).
- · Standalone fertilizer segment reported a loss of ₹45.72 Cr in Q4 FY26, compared to a profit of ₹119.46 Cr in Q3 FY26 and a loss of ₹39.74 Cr in Q4 FY25.
- · Standalone industrial products segment profit surged to ₹112.85 Cr in Q4 FY26 from ₹8.57 Cr in Q3 FY26, a 1216.8% QoQ increase.
- · Standalone other comprehensive income (loss) was ₹(325.93) Cr in Q4 FY26 vs ₹(142.63) Cr in Q3 FY26.
- · Consolidated revenue from operations for FY26 was ₹10,945.50 Cr, up 14.8% YoY from ₹9,533.96 Cr.
- · Consolidated net profit for FY26 was ₹673.00 Cr, up 13.8% YoY from ₹591.16 Cr.
- · Consolidated net profit for Q4 FY26 was ₹52.14 Cr, down 67.0% QoQ from ₹158.15 Cr in Q3 FY26.
- · The Board meeting commenced at 12:00 noon and concluded at 1:15 pm on 22nd May 2026.
- · The audit report contains an unmodified opinion.
22-05-2026
Glen Industries Limited has informed the stock exchange of a Board of Directors meeting scheduled for May 27, 2026, to consider and approve the audited financial results for the half year and financial year ended March 31, 2026. The trading window remains closed until May 29, 2026, in compliance with insider trading regulations. No financial figures or performance data are disclosed in this filing.
- · Board meeting date: May 27, 2026
- · Trading window closure period: until May 29, 2026
- · Filing date: May 22, 2026
- · Stock symbol: GLEN, ISIN: INE0UMC01019
22-05-2026
Gujarat State Fertilizers & Chemicals Limited (GSFC) reported its audited standalone and consolidated financial results for Q4 FY26 and the full fiscal year ended March 31, 2026. On a standalone basis, FY26 revenue from operations grew 14.8% YoY to ₹10,827.25 Cr, while net profit for the full year rose 13.7% YoY to ₹651.52 Cr. However, Q4 standalone performance was weak, with revenue declining 9.4% sequentially to ₹2,621.59 Cr and net profit plunging 78.3% QoQ to ₹34.24 Cr, impacted by a sharp sequential loss of ₹45.72 Cr in the Fertilizer segment vs a profit of ₹119.46 Cr in Q3. The Board recommended a dividend of ₹5 per share (250% of face value ₹2).
- · Standalone Fertilizer segment reported a loss of ₹45.72 Cr in Q4 FY26, compared to a profit of ₹119.46 Cr in Q3 FY26 and a loss of ₹39.74 Cr in Q4 FY25.
- · Standalone Industrial Products segment profit surged sequentially from ₹8.57 Cr in Q3 to ₹112.85 Cr in Q4.
- · Standalone total comprehensive income for Q4 was a loss of ₹252.48 Cr vs a gain of ₹34.97 Cr in Q3.
- · Other equity (excluding revaluation reserve) stood at ₹12,031.78 Cr as of March 31, 2026.
- · Net cash flow from operations improved to ₹145.62 Cr in FY26 from ₹73.84 Cr in FY25.
- · Total standalone assets were ₹14,182.77 Cr as of March 31, 2026, with equity representing 85.4% of total assets.
- · Dividend of ₹5 per share (250%) is subject to shareholder approval at the 64th AGM.
22-05-2026
Bansal Roofing Products reported audited standalone financial results for Q4 and FY ended March 31, 2026. Revenue from operations for Q4 FY26 grew 53.9% YoY to ₹4,533.20 Lacs, while net profit increased 84.5% YoY to ₹343.10 Lacs. For the full year, revenue rose 59.7% to ₹15,429.57 Lacs and net profit rose 90.3% to ₹1,054.25 Lacs. However, other income declined significantly and finance costs decreased.
- · The Board approved re-appointment of Mr. Kaushalkumar S. Gupta as Managing Director for five years from August 1, 2026, subject to shareholder approval.
- · The company does not fall under the Large Corporate category for debt securities framework.
- · Auditor's report issued with unmodified opinion.
- · Earnings per share (basic and diluted) for Q4 FY26: ₹2.65; for FY26: ₹8.00.
22-05-2026
GSFC reported a Q4 FY26 standalone net profit of ₹34.24 Cr, a sharp decline from both the preceding quarter's ₹157.17 Cr and the year-ago quarter's ₹58.40 Cr. For the full year FY26, standalone net profit rose to ₹651.52 Cr from ₹573.18 Cr in FY25, driven by a 14.8% increase in revenue to ₹10,827.25 Cr. However, the fertilizer segment posted an operating loss of ₹45.72 Cr in Q4, reversing a profit of ₹119.46 Cr in Q3, while the industrial products segment showed a strong improvement in Q4. The Board recommended a dividend of ₹5.00 per share (250%) for FY26, subject to shareholder approval.
- · Q4 FY26 standalone fertilizer segment reported an operating loss of ₹45.72 Cr vs a profit of ₹119.46 Cr in Q3 FY26 and a loss of ₹39.74 Cr in Q4 FY25.
- · Industrial products segment Q4 profit surged 12x sequentially to ₹112.85 Cr, partially offsetting fertilizer weakness.
- · Full-year FY26 standalone operating profit before tax rose to ₹838.12 Cr (FY25: ₹740.18 Cr), up 13.2%.
- · Standalone total comprehensive income for Q4 FY26 was deeply negative at ₹(252.48) Cr, driven by large other comprehensive losses of ₹(325.93) Cr (likely actuarial/MTM losses).
- · Standalone cash and cash equivalents fell sharply from ₹238.46 Cr (Mar 2025) to ₹160.75 Cr (Mar 2026), a 32.6% decline.
- · Standalone cash flow from operations improved to ₹145.62 Cr in FY26 from ₹73.84 Cr in FY25.
- · Recommended dividend of ₹5 per share (250% on face value ₹2) vs ₹2 per share (100%) for FY25, a 150% increase in dividend per share.
- · Auditor's report carries an unmodified opinion.
22-05-2026
TTK Prestige reported a strong Q4 FY26 with standalone total sales of Rs 679.6 Crore, up 12.5% YoY, driven by a 20.1% surge in appliances. Operating EBITDA grew 43.8% to Rs 81.7 Crore, and PAT jumped to Rs 50.8 Crore from Rs 3.9 Crore in the prior year. However, export sales declined sharply by 40.9% to Rs 12.1 Crore, the UK subsidiary posted a negative EBITDA of £0.8 million, and input cost pressures intensified due to rising commodity prices and rupee depreciation.
- · The Board recommended a dividend of Rs 7.50 per share (750%) for FY26.
- · New products contributed about 30% of total sales for FY26.
- · Prestige Xclusive chain stood at 711 stores across 324 towns.
- · The Judge brand ended FY26 at Rs 109 Crore, registering 59% growth.
- · Free cash balance including short-term liquid investments was approximately Rs 877 Crore as of March 31, 2026.
- · The UK subsidiary Horwood reported a negative operating EBITDA of £0.8 million in Q4 FY26 and £0.9 million for the full year.
- · Ultrafresh remained EBITDA-negative at Rs (1.0) Crore in Q4 FY26 and Rs (7.6) Crore for FY26, though losses narrowed.
- · Consolidated PBT before exceptional for FY26 was nearly flat at Rs 247.1 Crore vs Rs 246.0 Crore (0.4% growth).
- · Export sales declined 40.9% in Q4 FY26 to Rs 12.1 Crore, though full-year exports grew 2.6% to Rs 68.3 Crore.
- · Input cost pressures intensified due to rising commodity prices and rupee depreciation.
- · CSD (Canteen Stores Department) channel remained a challenge throughout the year.
22-05-2026
Citadel Realty and Developers Limited has informed BSE that a Board Meeting will be held on May 27, 2026 to consider and approve the audited financial results (standalone and consolidated) for the fiscal year ended March 31, 2026, and to decide on any dividend. The trading window for designated persons remains closed from April 1, 2026 through May 29, 2026.
- · Board meeting scheduled for May 27, 2026.
- · Agenda includes approval of audited financial results (standalone and consolidated) for FY ended March 31, 2026.
- · Dividend decision will be considered.
- · Trading window closed from April 1, 2026 to May 29, 2026 for designated persons and their immediate relatives.
22-05-2026
SMS Pharmaceuticals reported standalone revenue from operations of ₹88,687.10 Lakh for FY26, up 13.3% from ₹78,274.81 Lakh in FY25, and net profit of ₹8,760.93 Lakh, up 28.1% from ₹6,838.12 Lakh. However, Q4 FY26 revenue declined 4.1% YoY to ₹23,794.75 Lakh from ₹24,819.56 Lakh, while net profit rose slightly by 1.4% to ₹2,092.09 Lakh. The Board recommended a final dividend of ₹0.40 per share (40%) and approved shifting the registered office within Hyderabad.
- · The Board approved shifting the registered office to 8th Floor, Trendset Jayabheri Connect, Kondapur, Hyderabad, effective May 25, 2026.
- · Appointed M/s. Annapragada & Co. as Cost Auditors and re-appointed M/s. Adusumilli & Associates as Internal Auditors for FY27.
- · Statutory auditors issued an unmodified opinion on standalone and consolidated financial statements.
- · The company confirmed no deviation or variation in utilisation of funds raised through preferential issue for the quarter ended March 31, 2026.
- · Total comprehensive income for FY26 was ₹8,764.24 Lakh, up from ₹6,787.77 Lakh in FY25.
- · Earnings per share (basic/diluted) for FY26 stood at ₹9.58, compared to ₹8.07 in FY25.
- · Total assets increased to ₹1,38,100.04 Lakh as at March 31, 2026, from ₹1,18,610.18 Lakh a year earlier.
- · Net cash inflow from operating activities was ₹6,068.14 Lakh in FY26, down from ₹8,171.22 Lakh in FY25.
- · Capital work-in-progress rose sharply to ₹11,582.43 Lakh from ₹3,467.14 Lakh, indicating ongoing expansion.
22-05-2026
One Mobikwik Systems Limited's board approved three key items: (1) amendment of MOA to include payment aggregator activities for RBI authorization; (2) slump sale of its Lending Services Provider (LSP) business to wholly-owned subsidiary MobiKwik Distribution Services Private Limited (MDSPL) for consideration in non-convertible debentures based on book value (INR 952.21 million as of March 31, 2026); (3) variation in IPO proceeds utilization and extension of time limits. The LSP business contributed 22.70% of FY2025-26 revenue (INR 2,613.75 million) and 16.94% of net worth. The transaction is a related party transaction at arm's length, expected to complete by end of Q2 FY2026-27, subject to shareholder approval.
- · Board meeting commenced at 11:30 AM and concluded at 01:40 PM on May 22, 2026.
- · The slump sale consideration will be discharged by issuance of Non-Convertible Debentures by MDSPL to the Company.
- · The appointed date for the transfer will be determined by the Board.
- · The transaction is part of a pre-condition for obtaining NBFC COR for Mobikwik Financial Services Private Limited.
- · No change in shareholding pattern of the listed entity post slump sale.
- · The variation in IPO proceeds utilization and extension of time limits will be disclosed via postal ballot notice.
22-05-2026
HB Stockholdings Limited reported a standalone net loss of ₹992.49 Lakhs for the quarter ended March 31, 2026, compared to a net loss of ₹712.93 Lakhs in the same quarter last year, reflecting a worsening loss. For the full fiscal year 2026, the net loss narrowed to ₹1,079.34 Lakhs from ₹1,198.70 Lakhs in FY25, an improvement of 9.96%. The Board also approved the re-appointment of M/s. Marv & Associates LLP as Internal Auditor for FY 2026-27.
- · Auditor's report received an unmodified opinion for FY26.
- · Net Loss on fair value change for FY26 was ₹857.13 Lakhs vs ₹236.79 Lakhs in FY25, a significant increase.
- · Finance costs rose to ₹131.47 Lakhs in FY26 from ₹60.11 Lakhs in FY25, an increase of 118.7%.
- · Employee benefit expenses increased to ₹317.38 Lakhs in FY26 from ₹288.79 Lakhs in FY25.
- · Cash and cash equivalents dropped sharply to ₹121.55 Lakhs as at March 31, 2026 from ₹781.28 Lakhs a year earlier.
- · Deferred tax assets turned positive at ₹52.67 Lakhs as at March 31, 2026 vs nil in the prior year.
- · Basic EPS for Q4 FY26 was (₹13.90) vs (₹9.99) in Q4 FY25; for FY26 it was (₹15.12) vs (₹16.79) in FY25.
22-05-2026
Hindprakash Industries Limited has informed the stock exchanges that a Board Meeting is scheduled for May 28, 2026 to consider and approve the audited standalone financial results for the quarter and year ended March 31, 2026. The trading window, which closed on April 01, 2026, will reopen 48 hours after the results become publicly available.
- · Trading window closed from April 1, 2026 for all insiders including Promoters, Directors, Designated Persons and their immediate relatives
- · Trading window will reopen after 48 hours from the time results become generally available
- · Board meeting scheduled for Thursday, May 28, 2026
22-05-2026
Shangar Decor Limited has informed BSE that a Board Meeting will be held on May 28, 2026, to consider and approve the audited standalone financial results for the quarter and financial year ended March 31, 2026. The trading window for designated persons has been closed from April 1, 2026, until 48 hours after the results are made public.
- · Board meeting scheduled for Thursday, 28 May 2026 at the registered office.
- · Agenda includes consideration of audited standalone financial results for Q4 and FY ended 31 March 2026.
- · Trading window closed from 01.04.2026 until 48 hours after results are made public.
- · Company CIN: L36998GJ1995PLC028139.
- · Registered office address: 4, Sharad Flats, Opp. Dharnidhar Derasar, B/h. Sales India, Paldi, Ahmedabad-380007.
22-05-2026
Mathew Easow Research Securities Ltd has informed BSE that a Board Meeting will be held on May 27, 2026 to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The trading window for directors and designated persons will remain closed until 48 hours after the results are declared.
- · Board meeting date: May 27, 2026
- · Meeting location: Registered Office at Rajamal Building, 128, Rashbehari Avenue, 1st Floor, Kolkata - 700 029
- · Trading window closure applies to all Directors, Connected Persons, and Designated Persons
- · Trading window reopens 48 hours after the financial results are declared
- · Scrip Code: BSE: 511688
22-05-2026
Vintron Informatics Ltd. (now Reganto Enterprises Ltd.) has informed the stock exchange that a board meeting will be held on May 29, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting is scheduled at 3:30 PM at the company's registered office in New Delhi.
- · Board meeting date: May 29, 2026 at 3:30 PM
- · Location: 1117, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi
- · Company name changed from Vintron Informatics Limited to Reganto Enterprises Limited
- · Scrip code: 517393
22-05-2026
KSR Footwear Ltd reported audited standalone financial results for Q4 and FY ended March 31, 2026. Revenue from operations for Q4 FY26 was ₹602.86 Cr, up 9.0% YoY from ₹552.88 Cr in Q4 FY25, but full-year revenue declined 2.8% to ₹1,999.46 Cr from ₹2,057.07 Cr. The company reported a net loss of ₹50.65 Cr for Q4 FY26 (vs loss of ₹45.99 Cr in Q4 FY25) and a full-year net loss of ₹127.39 Cr (vs loss of ₹143.09 Cr in FY25). The auditor's report had an unmodified opinion.
- · The auditor's report had an unmodified opinion.
- · Total comprehensive loss for FY26 was ₹125.84 Cr vs ₹143.09 Cr in FY25.
- · Total assets decreased to ₹1,819.86 Cr as at March 31, 2026 from ₹2,039.01 Cr a year earlier.
- · Equity share capital remained unchanged at ₹183.78 Cr.
- · Other equity (reserves) decreased to ₹571.30 Cr from ₹697.14 Cr.
- · Cash flow from operating activities was positive at ₹106.29 Cr in FY26 vs ₹111.44 Cr in FY25.
22-05-2026
Panorama Studios International Limited has informed the stock exchange that a Board Meeting is scheduled for May 30, 2026, to consider and approve the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026. The trading window for designated persons remains closed until June 1, 2026. No financial figures or performance data are provided in this filing.
- · Board meeting scheduled for Saturday, May 30, 2026 at the registered office in Mumbai.
- · Agenda includes approval of audited financial results (standalone & consolidated) for Q4 and FY ended March 31, 2026.
- · Agenda also includes approval of the Auditor's Report and a declaration regarding unmodified opinion.
- · Trading window for designated persons closed until June 1, 2026.
- · No financial results or performance data are disclosed in this intimation.
22-05-2026
HB Stockholdings Ltd. reported audited standalone financial results for Q4 and FY ended March 2026, showing a net loss of ₹992.49 Lakh for the quarter (vs ₹712.93 Lakh loss in Q4 FY25) and a full-year net loss of ₹1079.34 Lakh (improved from ₹1198.70 Lakh loss in FY25). While the full-year loss narrowed ~10%, the quarterly loss widened significantly QoQ from ₹373.29 Lakh in Q3, driven by a steep ₹906.68 Lakh net loss on fair value changes of investments. The company also reappointed M/s. Marv & Associates LLP as Internal Auditor for FY27.
- · Auditor's report received an unmodified (clean) opinion for both standalone and consolidated financials for FY26
- · Net loss on fair value change of investments was ₹906.68 Lakh in Q4 vs ₹408.93 Lakh in Q3 — a sharp increase
- · Dividend income declined from ₹9.18 Lakh (Q4 FY25) to ₹5.85 Lakh (Q4 FY26), though full-year dividend income rose marginally to ₹42.49 Lakh from ₹40.32 Lakh
- · Employee benefit expenses rose ~10% YoY to ₹317.38 Lakh for FY26 from ₹288.79 Lakh in FY25
- · Contingent provision was made of ₹1.62 Lakh vs nil in prior periods
- · Investments (standalone) fell to ₹6600.32 Lakh as at 31 Mar 2026 from ₹8381.90 Lakh a year ago – a 21% decline
- · Cash and cash equivalents declined sharply to ₹121.55 Lakh from ₹781.28 Lakh
- · Other financial assets (likely receivables) increased to ₹839.73 Lakh from ₹648.40 Lakh
- · No deferred tax liability as at 31 Mar 2026 vs ₹143.50 Lakh a year ago; deferred tax asset turned positive at ₹52.67 Lakh
- · Board meeting held from 12:30 PM to 1:45 PM on 22 May 2026
- · Scrip code BSE: 532216; NSE symbol: HBSL
22-05-2026
The Board of One Mobikwik Systems approved three key items: (1) amending the MOA to include payment aggregator (Physical POS) operations for RBI authorization; (2) the slump sale of its Lending Services Provider (LSP) business to its wholly-owned subsidiary MobiKwik Distribution Services Private Limited (MDSPL) for a consideration of ~₹952.21 Mn in Non-Convertible Debentures; and (3) varying the objects and time limits for utilization of IPO proceeds. The LSP business contributed ₹2,613.75 Mn in revenue (22.70% of total) and ₹952.21 Mn in net worth (16.94% of total) for FY 2025-26. The completion is expected by end of Q2 FY 2026-27, subject to shareholder approval.
- · The slump sale consideration will be discharged via issuance of Non-Convertible Debentures by MDSPL to the Company.
- · The appointed date for transfer will be determined by the Board; no change in shareholding pattern is expected.
- · The transfer is a precondition for Mobikwik Financial Services Pvt Ltd to obtain RBI's NBFC Certificate of Registration (COR).
- · The Board meeting commenced at 11:30 AM and concluded at 01:40 PM on May 22, 2026.
22-05-2026
HRS Aluglaze Ltd's Board approved audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026, with an unmodified audit opinion from M/s Shah & Patel. The consolidated results include the subsidiary Geotrix Private Limited. No specific financial figures were disclosed in the filing, preventing a period-over-period comparison.
- · Audit report issued with unmodified opinion on both standalone and consolidated financial results.
- · Consolidated results include subsidiary Geotrix Private Limited.
- · Board meeting commenced at 12:30 PM and concluded at 01:45 PM on May 22, 2026.
- · The standalone figures for the corresponding period from October 1, 2024 to March 31, 2025 were approved by the Board but not subjected to audit/review.
22-05-2026
James Warren Tea Limited has informed BSE that a Board Meeting will be held on May 29, 2026 to consider and approve the audited financial results for the quarter and year ended March 31, 2026, along with the annual accounts. The trading window has been closed since April 1, 2026 and will remain closed until 48 hours after the results announcement.
- · Board Meeting scheduled for Friday, May 29, 2026
- · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026
- · Agenda also includes approval of audited annual accounts for FY ended March 31, 2026
- · Trading window closed from April 1, 2026 and will reopen 48 hours after results announcement
- · Company's scrip code is 538564 on BSE
22-05-2026
Vision Corporation Ltd. has informed BSE that a Board Meeting will be held on May 29, 2026, to consider and approve the audited standalone financial results for the quarter and year ended March 31, 2026. The trading window has been closed since April 1, 2026, and will reopen 48 hours after the results are declared. No financial figures or performance data are provided in this filing.
- · Board meeting scheduled for May 29, 2026.
- · Agenda includes approval of audited standalone financial results for Q4 and FY ended March 31, 2026.
- · Trading window closed from April 1, 2026, until 48 hours after results declaration.
- · Company will inform stock exchange upon conclusion of the board meeting.
22-05-2026
Dachepalli Publishers Ltd held a virtual one-on-one meeting with Counter Cyclical Investments on May 21, 2026, from 3:30 PM to 5:30 PM. The company confirmed that no unpublished price sensitive information (UPSI) was shared during the interaction.
- · Meeting duration: 2 hours (3:30 PM to 5:30 PM)
- · Meeting mode: Virtual
- · Participant: Counter Cyclical Investments (one-on-one)
- · No UPSI was shared
22-05-2026
Titan Company Limited has issued a Postal Ballot Notice dated May 21, 2026, seeking shareholder approval via special resolution for the appointment of Mr. Srinivasan Varadarajan as an Independent Director for a term of five years from April 1, 2026 to March 31, 2031. The remote e-voting period runs from May 25, 2026 to June 23, 2026, with results announced on or before June 25, 2026.
- · Cut-off date for determining members eligible to vote: May 15, 2026.
- · Last date for members to register email addresses with RTA: June 1, 2026, by 5:00 p.m. IST.
- · Scrutinizer appointed: M/s. V. Sreedharan & Associates, Practicing Company Secretaries.
- · Mr. Srinivasan Varadarajan was appointed as Additional Director (Non-Executive Independent) effective April 1, 2026.
22-05-2026
IntraSoft Technologies Limited has informed the stock exchanges that a Board Meeting will be held on May 27, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, along with the auditor's report. The trading window for insiders, which closed on April 1, 2026, will remain closed until May 30, 2026. No financial results or performance data are disclosed in this filing.
- · Board meeting scheduled for May 27, 2026.
- · Agenda includes audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026.
- · Trading window closed from April 1, 2026, and will remain closed until May 30, 2026.
22-05-2026
SMS Pharmaceuticals reported standalone revenue from operations of ₹88,687.10 Lakh for FY26, up 13.3% from ₹78,274.81 Lakh in FY25, and net profit of ₹8,760.93 Lakh, up 28.1% from ₹6,838.12 Lakh. However, Q4 FY26 revenue declined 4.1% YoY to ₹23,794.75 Lakh from ₹24,819.56 Lakh, while net profit rose slightly by 1.4% to ₹2,092.09 Lakh. The Board recommended a final dividend of ₹0.40 per share (40%) and approved shifting the registered office within Hyderabad.
- · The Board approved shifting the registered office to 8th Floor, Trendset Jayabheri Connect, Kondapur, Serilingampally, Hyderabad-500084, effective May 25, 2026.
- · Appointed M/s. Annapragada & Co. as Cost Auditors and re-appointed M/s. Adusumilli & Associates as Internal Auditors for FY27.
- · Statutory Auditors issued an unmodified opinion on the standalone and consolidated financial statements.
- · During FY26, 50,00,000 warrants were converted into equity shares upon receipt of the balance 75% of the issue price (₹762.50 Lakh), increasing paid-up capital to ₹936.52 Lakh.
- · The company has a single reportable business segment: manufacturing of Active Pharmaceutical Ingredients and their intermediates.
- · Total comprehensive income for FY26 was ₹8,764.24 Lakh, up from ₹6,787.77 Lakh in FY25.
- · Earnings per share (basic/diluted) for FY26 stood at ₹9.58, compared to ₹8.07 in FY25.
- · Cash flow from operations decreased to ₹6,068.14 Lakh in FY26 from ₹8,171.22 Lakh in FY25.
22-05-2026
West Leisure Resorts Limited reported audited financial results for the quarter and year ended March 31, 2026, with total income from operations of ₹16.52 Lakh for the quarter (down from ₹29.48 Lakh in Q4 FY25) and ₹56.50 Lakh for the full year (down from ₹74.00 Lakh in FY25). The company reported a net profit of ₹0.36 Lakh for the quarter (compared to a loss of ₹10.95 Lakh in Q4 FY25) and a net profit of ₹41.62 Lakh for the full year (compared to a profit of ₹0.56 Lakh in FY25). The Board did not recommend any dividend for the financial year.
- · The Board did not recommend any dividend on equity shares for FY26.
- · The audit report received an unmodified (clean) opinion from statutory auditors Bharat Gupta & Co.
- · Segment-wise, Financial Services segment revenue was ₹0.36 Lakh for Q4 FY26 vs ₹9.25 Lakh in Q4 FY25, and ₹15.75 Lakh for FY26 vs ₹24.15 Lakh in FY25, showing a sharp decline.
- · Total comprehensive income for FY26 was ₹108.48 Lakh, up from a loss of ₹40.63 Lakh in FY25, driven by other comprehensive income items.
- · Earnings per share (basic) for continuing operations was ₹0.01 for Q4 FY26 and ₹0.07 for FY26, compared to -₹0.03 and ₹0.01 in the respective prior periods.
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