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India Stock Market Daily Regulatory Digest — May 24, 2026

Daily India Market Intelligence

By Gunpowder Editorial ·

1 high priority 45 medium priority 46 total filings analysed

Executive Summary

The May 24, 2026 filing batch reveals a market bifurcated between robust top-line growth and significant margin compression, with 5 out of 6 companies reporting financials showing revenue expansion but 3 of those experiencing profit declines or stagnation.

The most critical development is Belrise Industries' massive ₹2,000 crore QIP announcement, signaling aggressive expansion plans despite margin pressures, while Rishabh Instruments and Menon Bearings showcase strong turnarounds with 100%+ EBITDA and PAT growth respectively. A notable portfolio-level pattern is the prevalence of 'mixed' sentiment in filings with actual financial data, indicating that revenue growth is being achieved at the cost of profitability across multiple sectors. The upcoming week is catalyst-heavy with 20+ board meetings scheduled between May 27-30, including key results from MM Forgings, Himatsingka Seide, and IREDA, creating a concentrated period of earnings releases. Insider trading activity is notably absent from filings, but capital allocation signals are strong, with Universal Cables and Belrise Industries both announcing significant expansion plans alongside dividend declarations.

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 23, 2026.

Investment Signals (10)

  • Belrise Industries ↓
    ▲

    Standalone revenue grew 14.2% YoY in Q4 and FY26, but expenses grew faster at 16.5% YoY, compressing margins. Board approved ₹2,000 crore QIP, signaling major expansion plans. Consolidated PAT grew 18.4% YoY, but Q4 growth was only 18.4% vs 14.7% revenue growth, indicating margin pressure. [BULLISH on expansion thesis, BEARISH on near-term margins]

  • Rishabh Instruments ↓ (BULLISH)
    ▲

    Consolidated EBITDA more than doubled to ₹126 crore in FY26, with EEI segment growing 17.5% YoY. Lumel SA turnaround is remarkable - from ₹15 crore loss to ₹33 million profit. Solar inverter business turned operationally profitable. Management guided for 20-25% EEI growth in FY27.

  • Menon Bearings ↓ (BULLISH)
    ▲

    Landmark FY26 with revenue crossing ₹300 crore (up 23.16% YoY) and PAT surging 53.41% YoY to ₹38.25 crore. Q4 PAT exploded 108.55% YoY. EPS rose from ₹4.45 to ₹6.83. Management targets 25% YoY revenue growth and ₹500 crore milestone by FY28.

  • Universal Cables ↓
    ▲

    Full-year PAT surged 68.5% YoY to ₹9,652.87 lakh despite Q4 PAT declining 19.5% YoY. Board approved ₹73 crore technological upgradation and ₹550 crore capacity expansion, signaling strong demand visibility. Dividend maintained at ₹4.50/share. [BULLISH on long-term, CAUTIOUS on Q4 weakness]

  • Sumedha Fiscal Services ↓ (BEARISH)
    ▲

    Full-year net profit collapsed 63.9% YoY to ₹237.62 lakh, with Q4 swinging to a loss of ₹211.11 lakh from profit of ₹57.51 lakh. Driven by net loss on fair value changes and higher stock-in-trade purchases. Dividend maintained at Re. 1/share despite earnings collapse.

  • HBL Engineering ↓
    ▲

    FY26 overall results significantly better than FY25, but Q4 profitability declined due to variable profitability on Kavach contracts and cumulative provisions. Management expects FY27 to be significantly better but warns of quarterly variability from Kavach business and Gulf war risks. [MIXED - long-term positive, near-term uncertain]

  • Garware Technical Fibres ↓
    ▲

    Strong demand drivers from aquaculture (10% salmon consumption growth) and government infrastructure capex (Railways ₹2.8 lakh crore, MoRTH ₹3.9 lakh crore). However, sports nets business margins have normalized with recovery expected only in FY27. OTS acquisition delivered planned performance with positive ROCE and EPS. [BULLISH on infrastructure play, CAUTIOUS on US tariff impact]

  • MM Forgings ↓
    ▲

    Board meeting on May 27 to consider dividend declaration alongside results, suggesting confidence in cash flows. Trading window closed since April 1, indicating standard compliance. [NEUTRAL, watch for dividend signal]

  • IREDA
    ▲

    Board meeting on May 29 will now consider final dividend for FY2025-26 in addition to results, positive signal for shareholder returns from this PSU. [BULLISH for income-focused investors]

  • Himatsingka Seide ↓
    ▲

    Board meeting on May 27 to consider raising funds via eligible securities, indicating potential debt restructuring or expansion plans. [NEUTRAL, watch for details]

Risk Flags (8)

  • Universal Cables/Q4 Profit Decline↓ [HIGH RISK]
    ▼

    Despite 24.7% YoY revenue growth, Q4 PAT declined 19.5% YoY, indicating significant margin compression. Full-year PAT growth of 68.5% masks Q4 weakness. Director Bachh Raj Nahar's continuation rejected by shareholders - governance concern.

  • Sumedha Fiscal Services/Earnings Collapse↓ [HIGH RISK]
    ▼

    Full-year net profit down 63.9% YoY, Q4 swung to loss of ₹211.11 lakh from profit of ₹57.51 lakh. Dividend maintained at Re. 1 despite earnings collapse - unsustainable payout ratio. Net loss on fair value changes suggests poor investment decisions.

  • HBL Engineering/Kavach Profitability Risk↓ [MEDIUM RISK]
    ▼

    Q4 profitability decline attributed to variable profitability on Kavach contracts (beyond management control). Management explicitly warns of quarterly variability from Kavach business and Gulf war impact on shipping, energy costs, and inflation.

  • Garware Technical Fibres/US Tariff Impact↓ [MEDIUM RISK]
    ▼

    Sports nets business margins have normalized due to US tariffs, with full normalization expected only in FY27. Recovery timeline is uncertain and dependent on US trade policy.

  • Belrise Industries/Margin Compression↓ [MEDIUM RISK]
    ▼

    Standalone expenses grew 16.5% YoY vs revenue growth of 14.2% in Q4, indicating margin compression. QIP of ₹2,000 crore will dilute existing shareholders. Corporate guarantee of EUR 3.3 million for subsidiary's ECB adds contingent liability.

  • Bodhtree Consulting/Low Shareholder Participation↓ [LOW RISK]
    ▼

    Only 49 members out of 4,551 shareholders participated in voting (18.67% turnout). Despite 99.99% approval, low participation indicates shareholder apathy or poor communication.

  • Rishabh Instruments/Lumel Alucast Decline↓ [LOW RISK]
    ▼

    Lumel Alucast revenue declined 21% in Polish currency, partially offset by improved EBITDA. While turnaround is positive, the revenue decline in a key subsidiary is concerning.

  • Menon Bearings/Export Debtor Cycle Risk↓ [LOW RISK]
    ▼

    Elevated interest expenses due to longer export debtor cycles (180+ days). While 2.75% interest subvention helps, extended working capital cycle remains a risk if export volumes grow faster than financing.

Opportunities (8)

  • Menon Bearings/Growth Pipeline↓ (OPPORTUNITY)
    ◆

    51 new development parts across customers like John Deere, Eaton, Taco Prestolite representing ₹30 crore business value within this year and next. Bi-Metal division pipeline > ₹50 crore. Trading at attractive valuation with 53% PAT growth. Target ₹500 crore revenue by FY28.

  • Rishabh Instruments/Turnaround Play↓ (OPPORTUNITY)
    ◆

    EBITDA more than doubled, Lumel SA turnaround from loss to profit, solar inverter business profitable. Guided 20-25% EEI growth in FY27. SMT line 40% funded by EU grants - cost advantage.

  • Belrise Industries/Expansion Thesis↓ (OPPORTUNITY)
    ◆

    ₹2,000 crore QIP for expansion in auto components sector. 14.2% standalone revenue growth with strong auto demand. Corporate guarantee for subsidiary's ECB indicates international expansion. Watch for QIP pricing for entry opportunity.

  • Garware Technical Fibres/Infrastructure Play↓ (OPPORTUNITY)
    ◆

    Geosynthetics division showing strong topline and profit growth with strong order book. Indian Railways ₹2.8 lakh crore and MoRTH ₹3.9 lakh crore capex plans provide multi-year visibility. OTS acquisition ROCE positive.

  • Universal Cables/Capacity Expansion↓ (OPPORTUNITY)
    ◆

    ₹550 crore capacity expansion plus ₹73 crore technological upgradation for EHV Cable facility. Full-year PAT up 68.5% YoY. Raising ₹200 crore via NCDs for funding. Positioned for power transmission growth.

  • IREDA/Dividend Opportunity (OPPORTUNITY)
    ◆

    PSU with strong renewable energy focus. Board considering final dividend for FY2025-26 on May 29. Government's renewable energy push provides policy tailwind.

  • HBL Engineering/Kavach Opportunity↓
    ◆

    Despite Q4 profitability issues, management expects FY27 sales and profit to be significantly better. Kavach (train collision avoidance system) is a government-mandated safety system with multi-year implementation pipeline. [OPPORTUNITY - contrarian]

  • CCL Products/Investor Conference↓
    ◆

    Participating in Ashika Institutional Equities conference on May 27. Coffee export play with strong global demand. Investor interest could catalyze re-rating. [OPPORTUNITY - event-driven]

Sector Themes (6)

  • Revenue Growth vs Margin Compression
    ◆

    5 of 6 companies with financial data reported revenue growth (14-25% YoY), but 3 of 5 saw profit decline or margin compression. Universal Cables (24.7% revenue growth, -19.5% PAT), Belrise Industries (14.2% revenue growth, expenses growing faster), Sumedha Fiscal (4.6% revenue growth, -63.9% PAT). Implication: Top-line growth is not translating to bottom-line due to input cost pressures and competitive pricing.

  • Capital Expenditure Cycle Accelerating
    ◆

    Universal Cables (₹623 crore total expansion), Belrise Industries (₹2,000 crore QIP), and Garware Technical Fibres (OTS integration) all announcing significant capex. This suggests management confidence in demand but also signals potential supply increases that could pressure pricing.

  • Auto Ancillary Strength
    ◆

    Menon Bearings (23% revenue growth, 53% PAT growth) and Belrise Industries (14% revenue growth) both showing strong performance. New development parts pipeline of ₹90+ crore for Menon indicates sustained demand from auto OEMs. Sector benefiting from domestic auto demand and export opportunities.

  • Renewable Energy & Infrastructure Tailwinds
    ◆

    IREDA (PSU renewable energy financier), Garware Technical Fibres (geosynthetics for infrastructure), and Universal Cables (EHV cables for power transmission) all positioned to benefit from government's infrastructure and renewable energy push. Multi-year visibility from Railways ₹2.8 lakh crore and MoRTH ₹3.9 lakh crore budgets.

  • Dividend Stability Despite Earnings Volatility
    ◆

    Universal Cables maintained ₹4.50 dividend despite Q4 PAT decline, Sumedha Fiscal maintained Re. 1 despite 63.9% PAT collapse. Companies prioritizing dividend stability over payout ratio discipline, which could be unsustainable if earnings continue to decline.

  • Concentrated Earnings Week Ahead
    ◆

    20+ board meetings scheduled May 27-30 for Q4/FY26 results. Key results to watch: MM Forgings (May 27, dividend decision), Himatsingka Seide (May 27, fundraise), IREDA (May 29, dividend), Belrise Industries (already reported). This concentration creates information overload risk and potential for correlated moves.

Watch List (8)

  • MM Forgings↓
    👁

    Board meeting May 27 to consider dividend declaration. Watch for dividend yield signal and management commentary on auto sector outlook. Trading window opens May 30.

  • Himatsingka Seide↓
    👁

    Board meeting May 27 to consider fundraise via eligible securities. Watch for details on quantum and mode (QIP, rights, or debt) - could signal expansion or debt restructuring.

  • IREDA
    👁

    Board meeting May 29 to consider final dividend for FY2025-26. Watch for dividend yield and renewable energy lending pipeline update. PSU status provides stability.

  • Rishabh Instruments↓
    👁

    Guided 20-25% EEI segment growth for FY27. Watch for quarterly execution against guidance and Lumel SA revenue stabilization. Solar inverter profitability trajectory.

  • Menon Bearings↓
    👁

    Target of ₹500 crore revenue by FY28 and 25% YoY growth. Watch for quarterly execution on new development parts pipeline (51 parts, ₹30 crore value). Export debtor cycle management.

  • Belrise Industries↓
    👁

    ₹2,000 crore QIP launch timeline and pricing. Watch for dilution impact and utilization plans. Corporate guarantee of EUR 3.3 million for subsidiary ECB - monitor subsidiary performance.

  • Garware Technical Fibres↓
    👁

    Sports nets business normalization expected by FY27. Watch for US tariff developments and quarterly margin recovery. Geosynthetics order book growth from government capex.

  • Universal Cables↓
    👁

    ₹550 crore capacity expansion and ₹200 crore NCD raise. Watch for execution timeline and debt servicing capability given Q4 PAT decline. Director succession after Bachh Raj Nahar's exit.

Filing Analyses (46)
Universal Cables Limited Corporate Governance mixed materiality 8/10

24-05-2026

Universal Cables Limited reported audited standalone financial results for Q4 and FY ended March 31, 2026. Revenue for the quarter grew 24.7% YoY to ₹84,027.26 lakh, while profit after tax declined 19.5% YoY to ₹2,174.55 lakh. For the full year, revenue increased 25.5% to ₹3,02,267.33 lakh and PAT rose 68.5% to ₹9,652.87 lakh. The Board recommended a dividend of ₹4.50 per share (45%) and approved a ₹73 crore technological upgradation plan for its EHV Cable facility, alongside a previously announced ₹550 crore capacity expansion. The company also approved raising up to ₹200 crore via NCDs.

  • · The Board recommended a dividend of ₹4.50 per share (45%) for FY26, subject to shareholder approval at the 81st Annual General Meeting.
  • · Shri Bachh Raj Nahar will cease to be a Director at the close of business on 13th June 2026 as the special resolution for his continuation beyond age 75 was not passed.
  • · Shri Ajay Kumar Sharma was appointed as Company Secretary and Chief Compliance Officer effective 23rd May 2026.
  • · The Board constituted a 'Debenture Issue & Allotment Committee' to facilitate the NCD issuance.
  • · The standalone financial results for the quarter ended March 31, 2026 are the balancing figure between audited full-year figures and unaudited nine-month figures (up to December 31, 2025).
MM Forgings Limited Corporate Governance neutral materiality 3/10

24-05-2026

MM Forgings Limited has informed the stock exchanges that a Board Meeting is scheduled for May 27, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for specified persons has been closed from April 1, 2026, to May 30, 2026, during which trading in the company's equity shares is prohibited.

  • · Board Meeting date: May 27, 2026
  • · Trading window closure period: April 1, 2026 to May 30, 2026
  • · Prior intimation of trading window closure was made on March 26, 2026
Machhar Industries Limited Corporate Governance neutral materiality 5/10

24-05-2026

Machhar Industries Limited announced its audited standalone financial results for the quarter and year ended March 31, 2026, approved by the board on May 23, 2026. The independent auditor issued an unmodified opinion, stating the financial statements give a true and fair view in conformity with Ind AS. The filing also includes related party transaction disclosures and confirmations of no deviation of issue proceeds and no outstanding defaults on loans.

  • · Board meeting commenced at 12:30 PM and concluded at 6:30 PM on May 23, 2026.
  • · No deviation or variation in proceeds from the preferential issue was reported.
  • · No outstanding defaults on loans including revolving facilities from banks/financial institutions.
  • · Related party transaction disclosures were enclosed as Annexure D.
  • · The auditor confirmed no director is disqualified under Section 164(2) of the Companies Act, 2013.
  • · The company has disclosed the impact of pending litigations on its financial position (Refer Note 35).
  • · No amounts were required to be transferred to the Investor Education and Protection Fund.
  • · Management represented that no funds have been advanced or received in a manner that would violate the provisions related to ultimate beneficiaries or funding parties.
Machhar Industries Limited Corporate Governance neutral materiality 5/10

24-05-2026

Machhar Industries Limited's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, receiving an unmodified (clean) audit opinion from Ashok R. Majethia & Co. The company reported no deviations in use of IPO proceeds, no outstanding defaults on loans, and disclosed related party transactions. No specific financial figures (revenue, profit, etc.) were provided in the filing, preventing a period-over-period comparison.

  • · Board meeting commenced at 12:30 PM and concluded at 6:30 PM on May 23, 2026.
  • · No deviation or variation in use of IPO proceeds was reported.
  • · No outstanding defaults on loans or revolving facilities from banks/financial institutions.
  • · Related party transactions were disclosed as per applicable format.
  • · The auditor's report confirmed no disqualification of directors under Section 164(2) of the Companies Act.
  • · No amounts were required to be transferred to the Investor Education and Protection Fund.
  • · The company has disclosed the impact of pending litigations on its financial position (Refer Note 35).
  • · Management represented that no funds were advanced or received in a manner that would violate the provisions related to ultimate beneficiaries or funding parties.
Rishabh Instruments Limited Analyst/Investor Meet mixed materiality 8/10

24-05-2026

Rishabh Instruments reported a strong FY26 with consolidated EBITDA reaching INR 126 crore (adjusted EBITDA INR 136 crore), more than doubling from the prior year. The EEI segment grew 17.5% YoY, while Lumel Alucast's revenue declined 21% in Polish currency but improved adjusted EBITDA to INR 33 million from a loss of INR 150 million. The company guided for 20-25% EEI segment growth in FY27.

  • · Lumel SA contributed 51% of group consolidated PAT with 23% EBITDA margin.
  • · Lumel SA's SMT line was 40% funded by EU funds.
  • · Solar inverter business turned operationally profitable in FY26.
  • · Nashik expansion capex completed, doubling production capacity.
  • · FY27 EEI segment growth guidance: 20-25%.
  • · Lumel Alucast revenue declined 21% in Polish currency as planned, but adjusted EBITDA improved to INR 33 million from a loss of INR 150 million.
Monotype India Ltd. Corporate Governance neutral materiality 5/10

24-05-2026

Monotype India Ltd. has informed stock exchanges that its Board of Directors will meet on May 28, 2026, to consider and approve audited financial results for the quarter and year ended March 31, 2026, and to appoint an internal auditor for FY 2026-2027. The trading window for insiders remains closed until 48 hours after the results are made public.

  • · Board meeting scheduled for May 28, 2026 at the registered office.
  • · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026.
  • · Agenda also includes appointment of Internal Auditor for FY 2026-2027.
  • · Trading window closed for insiders until 48 hours after public disclosure of results.
LGT Business Connextions Limited Corporate Governance neutral materiality 3/10

24-05-2026

LGT Global Hospitality Limited (formerly LGT Business Connextions Limited) has informed BSE that a Board meeting will be held on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the half year and year ended March 31, 2026. The meeting is scheduled at 3:00 PM at the company's registered office in Chennai.

  • · Board meeting scheduled for Friday, May 29, 2026 at 3:00 PM.
  • · Agenda includes consideration and approval of draft audited standalone and consolidated financial results for the half year and year ended March 31, 2026.
  • · Company name changed from LGT Business Connextions Limited to LGT Global Hospitality Limited.
  • · Registered office located at No.18/1 & 18/2 (18), First Cross St., Brindavan Street Extn., West Mambalam, Chennai - 600033.
  • · Company's CIN is L74999TN2016PLC112289.
Whirlpool of India Limited Analyst/Investor Meet neutral materiality 1/10

24-05-2026

Whirlpool of India Limited announced the availability of the audio recording of its Q4 FY 2025-26 conference call for investors and analysts, held on May 24, 2026. The recording is accessible on the company's website. No financial figures or performance details are provided in this filing.

  • · The conference call was held on May 24, 2026.
  • · The audio recording is available at https://corporate.whirlpool.in/wp-content/uploads/2026/05/Recording_Analyst-Call.mp3.
  • · The filing is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Machino Plastics Ltd Corporate Governance neutral materiality 3/10

24-05-2026

Machino Plastics Ltd has informed BSE that its Board of Directors will meet on May 30, 2026, via video conferencing to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The company has also closed its trading window for designated persons from April 1, 2026, until 48 hours after the results are made public (June 1, 2026), in compliance with insider trading regulations.

  • · Board meeting scheduled for May 30, 2026 via video conferencing.
  • · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026.
  • · Trading window closed from April 1, 2026 to June 1, 2026 (48 hours after results public).
  • · Information will be available on company website at https://machino.com/.
SMT ENGINEERING LIMITED Corporate Governance neutral materiality 5/10

24-05-2026

SMT Engineering Limited has informed the stock exchange that a Board Meeting is scheduled for May 29, 2026, to consider and approve the audited standalone and consolidated financial results and statements for the quarter and financial year ended March 31, 2026. The trading window for insiders has been closed from May 24, 2026, until 48 hours after the results are declared.

  • · Board meeting date: Friday, 29th May, 2026
  • · Agenda includes approval of audited standalone and consolidated financial results and statements for Q4 and FY ended March 31, 2026
  • · Trading window closed from May 24, 2026, until 48 hours after results declaration
  • · Company was formerly known as Adarsh Mercantile Limited
Aagam Capital Ltd Corporate Governance neutral materiality 3/10

24-05-2026

Aagam Capital Ltd has informed the stock exchange that a Board Meeting will be held on May 28, 2026 to consider and approve audited financial results for the quarter and year ended March 31, 2026, and to appoint the Internal Auditor for FY 2026-2027. The trading window for insiders remains closed until 48 hours after the results are made public. No financial figures or period-over-period comparisons are provided in this filing.

  • · Board meeting scheduled for May 28, 2026 at the registered office.
  • · Agenda includes: (1) Approval of audited financial results for Q4 and FY ended March 31, 2026; (2) Appointment of Internal Auditor for FY 2026-2027; (3) Any other business with chair's permission.
  • · Trading window remains closed until 48 hours after results are made public, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
  • · CIN: L65990MH1991PLC064631
  • · Registered office: Premises No.2, 1st Floor, Rahimtoola House, 7 Homji Street, Fort, Mumbai-400001
Shantanu Sheorey Aquakult ltd. Corporate Governance neutral materiality 3/10

24-05-2026

52 Weeks Entertainment Limited has informed the Bombay Stock Exchange that a Board Meeting will be held on May 29, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026, and to appoint an internal auditor for FY 2026-2027. The trading window for insiders remains closed until 48 hours after the results are made public. No financial figures or period-over-period comparisons are available in this filing.

  • · Board meeting scheduled for May 29, 2026 at the registered office.
  • · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026.
  • · Agenda also includes appointment of an internal auditor for FY 2026-2027.
  • · Trading window for directors, KMPs, designated employees, and connected persons remains closed until 48 hours after the results are made public.
HBL Engineering Limited Corporate Governance mixed materiality 7/10

24-05-2026

HBL Engineering Limited reported that FY26 overall results were significantly better than FY25, and Q4 FY26 sales improved year-over-year. However, Q4 profitability declined due to variable profitability on Kavach contracts and cumulative small provisions. Management expects FY27 sales and profit to be significantly better than FY26, but warns of quarterly variability primarily from the Kavach business and external factors like the Gulf war.

  • · Q4 FY26 profitability decline attributed to variable profitability on Kavach contracts (beyond management control) and cumulative small provisions including maintenance obligations, labour code compliance, and R&D expenses.
  • · FY27 quarterly profitability variability expected primarily due to Kavach business, with additional risks from Gulf war impact on shipping, energy costs, and inflation.
  • · Management states that other high-tech, higher-margin businesses HBL has been investing in for years will become substantial sources of sales and profits in a few years.
Pervasive Commodities Limited Corporate Governance neutral materiality 3/10

24-05-2026

Pervasive Commodities Limited has informed BSE that a Board Meeting will be held on May 27, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting will take place at the registered office in Ahmedabad. No financial figures or prior period comparisons are provided in this filing.

  • · Board meeting scheduled for Wednesday, 27th May 2026 at 5:00 PM.
  • · Agenda includes audited financial results for Q4 and FY ended March 31, 2026, along with the Auditor's Report.
  • · Meeting to be held at the registered office: C-806, Titanium City Canter, Near Sachin Tower, 100 Ft Road, Satellite, Ahmedabad, Gujarat – 380015.
  • · Filing made pursuant to Regulation 29(1) of SEBI (LODR) Regulations, 2015.
CITY CROPS AGRO LIMITED Corporate Governance neutral materiality 3/10

24-05-2026

City Crops Agro Limited has informed BSE that a Board Meeting will be held on May 27, 2026, to consider and discuss the audited financial results for the half year and year ended March 31, 2026, along with the auditor's report. The meeting will take place at the registered office in Ahmedabad.

  • · Board meeting scheduled for May 27, 2026 at 4:00 PM.
  • · Agenda includes audited financial results for half year and year ended March 31, 2026.
  • · Company CIN: U51200GJ2013PLC074296, Security ID: CCAL / Code: 544000.
Darjeeling Ropeway Company Ltd Corporate Governance neutral materiality 3/10

24-05-2026

Darjeeling Industries Limited (formerly Darjeeling Ropeway Company Ltd) has informed BSE that a Board Meeting will be held on May 27, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The filing is a routine regulatory intimation under SEBI LODR regulations and contains no financial data or performance metrics.

  • · Board meeting scheduled for Wednesday, 27th May 2026 at 4:00 PM at the registered office in Mumbai.
  • · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026, along with the auditor's report.
  • · Company name changed from Darjeeling Ropeway Company Limited to Darjeeling Industries Limited (CIN: L45202MH1936PLC294011).
  • · Security ID: DARJEELING, BSE Code: 539770.
Hilton Metal Forging Limited Corporate Governance neutral materiality 2/10

24-05-2026

Hilton Metal Forging Limited has informed the stock exchanges that a Board Meeting will be held on Friday, 29th May 2026, to consider and approve the audited financial results for the quarter ended 31st March 2026 and audited financial statements for the fiscal year ended 31st March 2026. Additionally, the trading window for designated persons and their relatives will remain closed from 1st April 2026 until 48 hours after the results are declared.

  • · Trading window closure period: 1st April 2026 until 48 hours after the declaration of results.
  • · The Board Meeting is scheduled for Friday, 29th May 2026.
  • · The filing is a routine corporate governance disclosure regarding the upcoming board meeting and trading window closure.
DSM Fresh Foods Limited Corporate Governance neutral materiality 3/10

24-05-2026

DSM Fresh Foods Limited has informed the stock exchange that a Board Meeting is scheduled for May 27, 2026, to consider and approve the audited financial statements for the fiscal year ended March 31, 2026. The trading window for designated persons remains closed until 48 hours after the results are declared. No financial figures or performance data are provided in this filing.

  • · Board meeting scheduled for May 27, 2026 at 2:00 PM IST at the company's registered office.
  • · Agenda includes adoption of audited financial statements for FY ended March 31, 2026 and any other business with Chair's permission.
  • · Trading window remains closed for designated persons and their immediate relatives until 48 hours after the results declaration.
Canara Robeco Asset Management Company Limited Analyst/Investor Meet neutral materiality 1/10

24-05-2026

Canara Robeco Asset Management Company Limited informed stock exchanges that its management will meet investors/analysts on May 27, 2026 as part of 360 ONE Capital's Trinity India 2026 conference in Mumbai. The meeting will be held in person and no unpublished price-sensitive information will be discussed.

Catvision Limited Corporate Governance neutral materiality 3/10

24-05-2026

Catvision Limited informed BSE that a Board Meeting will be held on May 28, 2026 to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window has been closed from April 1, 2026 to May 30, 2026.

  • · Trading window closed from April 1, 2026 to May 30, 2026 for directors, KMPs, designated employees and their immediate relatives.
  • · Board meeting scheduled for May 28, 2026.
Bodhtree Consulting Limited Corporate Governance neutral materiality 5/10

24-05-2026

Bodhtree Consulting Limited announced that both resolutions proposed in the Postal Ballot dated April 20, 2026, were approved by members with requisite majority on May 23, 2026. The resolutions included the appointment of Mr. Sreenivasa Rao Ravinuthala as an Independent Director (Special Resolution) and approval of Related Party Transactions for FY 2026-27 (Ordinary Resolution). The voter turnout was low, with only 18.67% and 18.54% of outstanding shares polled for the two resolutions respectively.

  • · Record date for voting was April 17, 2026.
  • · Remote e-voting period: April 24, 2026 to May 23, 2026.
  • · Scrutinizer's report submitted on May 24, 2026.
  • · No invalid votes were recorded for either resolution.
  • · Promoter group voted 100% in favour on both resolutions, representing 25% of their shares polled.
  • · Public non-institutions voted 99.94% in favour for Resolution 1 and 99.90% for Resolution 2.
Bodhtree Consulting Limited Corporate Governance positive materiality 5/10

24-05-2026

Bodhtree Consulting Limited announced that both resolutions proposed in the Postal Ballot Notice dated April 20, 2026, were approved by shareholders with requisite majority on May 23, 2026. The resolutions included the appointment of Mr. Sreenivasa Rao Ravinuthala as an Independent Director (Special Resolution) and approval of Related Party Transactions for FY 2026-27 (Ordinary Resolution). The voting saw overwhelming support from shareholders, with over 99.99% of votes cast in favor of each resolution, though overall voter turnout was low at approximately 18.67% and 18.54% of outstanding shares for the two resolutions respectively.

  • · Record date for voting eligibility was April 17, 2026.
  • · Remote e-voting period ran from 10:00 AM IST on April 24, 2026 to 5:00 PM IST on May 23, 2026.
  • · Only 49 members out of 4,551 shareholders participated in the voting.
  • · Promoter and Promoter group held 15,999,995 shares and voted entirely in favor of both resolutions via e-voting.
  • · Public Non-Institutions held 5,855,575 shares; for Resolution 1, 81,797 votes were polled (1.3969% of outstanding) with 81,745 in favor and 52 against; for Resolution 2, 53,099 votes were polled (0.9068% of outstanding) with 53,046 in favor and 53 against.
  • · Public Institutions (10,000 shares) did not vote on either resolution.
  • · No invalid votes were recorded for either resolution.
  • · The scrutinizer's report was submitted on May 24, 2026, and the resolutions were deemed passed on May 23, 2026 (last day of e-voting).
  • · An advertisement regarding the postal ballot was published on April 23, 2026 in Financial Express (English) and Nava Telangana (Telugu).
MM Forgings Limited Corporate Governance neutral materiality 5/10

24-05-2026

MM Forgings Limited informed exchanges that its Board meeting scheduled for May 27, 2026 will also consider and approve the declaration of dividend, if any, in addition to the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window is already closed from April 1, 2026 to May 30, 2026.

  • · Board meeting date: May 27, 2026
  • · Trading window closed from April 1, 2026 to May 30, 2026
  • · Filing date: May 24, 2026
  • · This is a supplementary intimation to the earlier announcement made on the same day regarding financial results
Kalyani Cast-Tech Limited Corporate Governance neutral materiality 3/10

24-05-2026

Kalyani Cast-Tech Limited has informed BSE that a Board Meeting is scheduled for May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the year ended March 31, 2026. The meeting will be held at the company's registered office in Delhi at 4:00 PM. No financial figures or prior period comparisons are available in this filing.

  • · Formerly known as Kalyani Cast Tech Private Limited
  • · Company code on BSE: 544023
  • · Registered office: B-144, 2nd Floor, DDA Shed, Okhla Industrial Area, Phase-I, Delhi-110020
  • · Factory location: Village Mamria Thethar, Distt. Rewari (Haryana)
  • · Meeting will consider both standalone and consolidated audited results for FY ended March 31, 2026
  • · Meeting date: May 29, 2026 at 4:00 PM
Garware Technical Fibres Limited Analyst/Investor Meet mixed materiality 7/10

24-05-2026

Garware Technical Fibres Ltd. (GTFL), a leading player in technical textiles, presented a business update highlighting growth across its aquaculture, sports nets, value-added ropes, and geosynthetics divisions. While the company emphasizes strong demand drivers—such as 10% salmon consumption growth in 2025 and large government infrastructure capex plans (Indian Railways ₹2.8 lakh crore, MoRTH ₹3.9 lakh crore)—the presentation also notes headwinds in the sports nets business from U.S. tariffs and normalization of margins, with recovery expected only by FY27.

  • · Sports nets business in the USA is on track post U.S. tariff resolution, but margins have normalized; orders flowing at higher rates from major customers, with full normalization expected in FY27.
  • · OTS acquisition delivered planned financial performance in 2025, with ROCE & EPS positive for GTFL, and is now embarking on technical and operational integration.
  • · Geosynthetics division shows strong topline and profit growth in FY26, with a strong order book providing visibility for the next year.
  • · Company is debt-free with an AA+ long-term rating from ICRA.
  • · Completed Phase-1 of first-of-its-kind Ash Pond Lining work for a 600 MW power plant.
Sumedha Fiscal Services Ltd. Corporate Governance mixed materiality 7/10

24-05-2026

Sumedha Fiscal Services Ltd. reported audited standalone financial results for Q4 and FY ended March 31, 2026. While full-year total income grew 4.6% YoY to ₹11,024.24 Lakh, net profit declined sharply by 63.9% to ₹237.62 Lakh from ₹658.64 Lakh in FY25. The company posted a net loss of ₹211.11 Lakh in Q4 FY26 versus a profit of ₹57.51 Lakh in Q4 FY25, driven by a net loss on fair value changes and higher stock-in-trade purchases. The Board recommended a dividend of Re. 1 per equity share and reappointed M/s ALP & Associates as internal auditor for FY27.

  • · The Board meeting commenced at 12:30 p.m. and concluded at 1:50 p.m. on May 24, 2026.
  • · Auditor's report contains an unmodified opinion dated May 24, 2026.
  • · The 37th Annual General Meeting is scheduled for August 20, 2026.
  • · M/s ALP & Associates (Firm registration no. 328740E) reappointed as internal auditor for FY 2026-27.
  • · Dividend of Re. 1 per equity share (face value ₹10) recommended, subject to shareholder approval.
  • · Net loss on fair value changes for FY26 was ₹(28.70) Lakh vs a gain of ₹204.40 Lakh in FY25.
  • · Employee benefits expense rose 26.0% YoY to ₹543.18 Lakh in FY26.
  • · Other expenses declined 36.8% YoY to ₹294.61 Lakh in FY26.
STRATMONT INDUSTRIES LIMITED Corporate Governance neutral materiality 3/10

24-05-2026

Stratmont Industries Limited has informed the stock exchange that a Board Meeting is scheduled for May 29, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The trading window has been closed from April 1, 2026, until 48 hours after the results declaration, in compliance with insider trading regulations.

  • · Board meeting date: May 29, 2026 at 3:00 PM at the registered office in Mumbai.
  • · Trading window closure period: April 1, 2026 to 48 hours after results declaration on May 29, 2026.
  • · Regulation 29(1)(a) and Regulation 33 of SEBI LODR are cited as the basis for the intimation.
Source Natural Foods & Herbal Suppl Ltd Corporate Governance neutral materiality 3/10

24-05-2026

Source Natural Foods & Herbal Suppl Ltd has informed the exchange that a Board Meeting is scheduled on May 28, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for designated persons and their immediate relatives has been closed from April 1, 2026, until 48 hours after the results announcement.

  • · Board meeting date: May 28, 2026
  • · Trading window closure period: April 1, 2026 to 48 hours after results announcement
  • · Purpose: Consider and approve audited financial results for Q4 and FY ended March 31, 2026
Vantage Knowledge Academy Limited Corporate Governance neutral materiality 3/10

24-05-2026

Vantage Knowledge Academy Limited has informed BSE that a Board meeting will be held on May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for designated persons has been closed since April 1, 2026, and will remain closed until 48 hours after the results are made public.

  • · Board meeting date: May 30, 2026
  • · Trading window closure: from April 1, 2026 until 48 hours after results publication
MM Forgings Limited Corporate Action neutral materiality 5/10

24-05-2026

MM Forgings Limited has informed the stock exchanges that its Board meeting scheduled for May 27, 2026 will consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with a potential dividend declaration. The trading window remains closed from April 1, 2026 to May 30, 2026, prohibiting specified persons from trading in the company's equity shares.

  • · Board meeting scheduled for May 27, 2026.
  • · Trading window closed from April 1, 2026 to May 30, 2026.
  • · Specified persons prohibited from trading during the window closure period.
Rishabh Special Yarns Ltd Corporate Governance neutral materiality 3/10

24-05-2026

Impera Worldwide Limited (formerly Rishabh Special Yarns Ltd) has informed the stock exchange that a Board Meeting will be held on May 27, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The trading window has been closed from April 1, 2026, until 48 hours after the results are declared. No financial figures or performance comparisons are provided in this filing.

  • · Board meeting scheduled for May 27, 2026 at 4:00 PM at the registered office in Mumbai.
  • · Trading window closed from April 1, 2026 until 48 hours after results declaration on May 27, 2026.
  • · Company's CIN: L17114MH1987PLC451094, Scrip Code: 514177.
Sumedha Fiscal Services Ltd. Corporate Action neutral materiality 4/10

24-05-2026

Sumedha Fiscal Services Ltd. announced a final dividend of Re. 1 per equity share (10% of face value Rs. 10) for FY 2025-26, subject to shareholder approval at the upcoming AGM. The record date is set for August 13, 2026, and the dividend will be paid within 30 days of declaration. No prior-period comparison or financial performance data was provided in this filing.

  • · Board meeting commenced at 12:30 p.m. IST and concluded at 1:50 p.m. IST on May 24, 2026.
  • · Record date for dividend entitlement is Thursday, August 13, 2026.
  • · Dividend payment will be made within 30 days from the date of declaration at the AGM, subject to tax deduction at source.
CCL Products (India) Limited Analyst/Investor Meet neutral materiality 2/10

24-05-2026

CCL Products (India) Limited has informed the stock exchanges that it will participate in an investor conference organized by Ashika Institutional Equities on May 27, 2026, via video conference. The company will interact with investors and analysts based on publicly available information and has confirmed that no unpublished price-sensitive information will be shared.

  • · The investor conference is scheduled for Wednesday, May 27, 2026.
  • · The meeting will be held through video conference mode.
  • · The company explicitly states that no unpublished price-sensitive information (UPSI) will be shared during the interaction.
Fraser And Company Limited Corporate Governance neutral materiality 3/10

24-05-2026

Fraser And Company Limited has scheduled a Board Meeting on May 29, 2026, to consider and approve the audited standalone financial results for the quarter and year ended March 31, 2026. The trading window for designated persons is closed from April 1, 2026, to May 30, 2026, in compliance with insider trading regulations. No financial figures or performance comparisons are provided in this notice.

  • · Board Meeting date: May 29, 2026 at 02:00 PM IST
  • · Meeting location: House no 12, Plot no 6a, Ground floor- Sneh, Hissa no.1, Road no. 2, Abhinav ngr, Borivali (e), Mumbai- 400066
  • · Trading window closure period: April 1, 2026 to May 30, 2026 (both days inclusive)
  • · Scrip codes: BSE 539032/FRASER, CSE 016052
  • · Company CIN: 151100MH1917PLC272418
Menon Bearings Limited Analyst/Investor Meet mixed materiality 8/10

24-05-2026

Menon Bearings reported a landmark FY26 with consolidated total income of INR 300+ crores (up 23.16% YoY) and PAT of INR 38.25 crores (up 53.41% YoY). Q4 PAT surged 108.55% YoY, and EPS rose from INR 4.45 to INR 6.83. However, the company faces elevated interest expenses due to longer export debtor cycles (180+ days), though it secured a 2.75% interest subvention on export financing to mitigate costs. Management targets 25% YoY revenue growth and an INR 500 crore revenue milestone by FY28, while maintaining EBITDA margins between 20-22%.

  • · Asset turnover ratios: bearings ~2, Alkop ~1.5, brakes ~1 (targeting ~2 next year).
  • · New development parts pipeline includes 51 new parts across customers like John Deere (domestic & export), Eaton, Taco Prestolite, Mayekawa, representing business value of INR 30 crores within this year and next.
  • · Bi-Metal division pipeline > INR 50 crores; brakes pipeline ~INR 10 crores (next two years).
  • · Planned CapEx: bearing + Bi-Metal INR 25 crores over two years (~INR 12.5 cr/year), Alkop INR 7 crores, brakes INR 3 crores.
  • · Interest expenses elevated due to export debtor cycle >180 days; exports increased by >INR 3 crores.
  • · Company secured 2.75% interest subvention on export financing; PCFC loan of INR 6 crores at ~4.70% vs normal ~8%.
  • · Aluminium division ~10% revenue from EV; company supplies to Tesla (tier 2 via concentric pumps), Porsche e-mobility (via Eaton), Tata Motors electric cars.
  • · New product areas: friction material (HCV, LCV, two-wheelers, three-wheelers), railway expected by end of year, aluminium diversification into oil & gas and house automation.
  • · Labour code changes (new regulations April '25) already accounted for in previous year; no further past liability.
  • · Management targets EBITDA margin between 20-22% for next two years.
  • · Revenue target of INR 500 crores by FY28.
Himatsingka Seide Limited Corporate Governance neutral materiality 5/10

24-05-2026

Himatsingka Seide Limited has informed the stock exchanges that a Board meeting is scheduled for May 27, 2026, to consider and approve raising funds through the issuance of eligible securities via permissible modes, subject to regulatory approvals. No financial results or prior-period comparisons are included in this filing.

  • · Board meeting scheduled for Wednesday, May 27, 2026.
  • · Agenda includes raising funds via issuance of eligible securities through permissible modes.
  • · Subject to requisite regulatory and statutory approvals.
RIR POWER ELECTRONICS LIMITED Corporate Governance neutral materiality 5/10

24-05-2026

RIR Power Electronics Limited has informed the stock exchange that a Board meeting will be held on May 28, 2026, to consider and approve the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026, and to recommend a dividend for FY2025-26, if any. The trading window has been closed since April 1, 2026, and will reopen 48 hours after the results are made public.

  • · Trading window closed from April 1, 2026, until 48 hours after results announcement.
  • · Board meeting scheduled for Thursday, May 28, 2026.
  • · Agenda includes approval of audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2026, and recommendation of dividend for FY2025-26.
PVV Infra Limited Corporate Governance neutral materiality 6/10

24-05-2026

PVV Infra Limited has announced the outcome of a postal ballot completed on May 24, 2026, where shareholders approved five key resolutions. These include shifting the registered office from Andhra Pradesh to Maharashtra, appointing Mr. Shubh Gangully as Managing Director, Mr. Gadde Rama Krishna as Whole-time Director, and Mr. Shrikant Pathak and Mr. Krishna Karthik Pothur as Independent Directors. The voting results will be communicated after receipt of the Scrutinizer report.

  • · Postal ballot completed on May 24, 2026 at 5:00 PM.
  • · Registered office shifting from Andhra Pradesh to Maharashtra requires consequential amendment in Memorandum of Association.
  • · Voting results will be disclosed after receipt of the Scrutinizer report and posted on the company website www.pvvinfra.com.
  • · Company CIN: L70102AP1995PLC111705, Scrip Code: PVVINFRA (536659).
WAAREE TECHNOLOGIES LIMITED Corporate Governance neutral materiality 3/10

24-05-2026

Waaree Technologies Limited has informed the stock exchange that a Board Meeting will be held on May 29, 2026, to consider and approve the audited financial results for the half year and year ended March 31, 2026, along with the Statement of Assets and Liabilities and Cash Flow Statements. The trading window for insiders has been closed from April 1, 2026, until 48 hours after the results are declared. No financial figures or performance trends are disclosed in this filing.

  • · Board Meeting scheduled for May 29, 2026.
  • · Agenda includes approval of audited financial results for half year and year ended March 31, 2026.
  • · Trading window closed from April 1, 2026, until 48 hours after results declaration.
  • · Filing made under Regulation 29 of SEBI (LODR) Regulations, 2015.
Larsen & Toubro Limited Company Update neutral materiality 3/10

24-05-2026

Larsen & Toubro Limited informed exchanges that Mr. Sanjeev Aga concluded his tenure as an Independent Director effective May 24, 2026, upon completion of his second and final term. The company placed on record its appreciation for his contributions and guidance during his association.

  • · Mr. Sanjeev Aga's DIN is 00022065.
  • · His tenure concluded at the closing hours of May 24, 2026.
  • · The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015.
  • · The annexure confirms cessation was due to completion of second and final term, not resignation or removal.
Campus Activewear Limited Analyst/Investor Meet neutral materiality 5/10

24-05-2026

Campus Activewear Limited announced an earnings call for Q4 and FY26 results on May 25, 2026, with an updated invitee list including COO Mr. Uplaksh Tewary. The company is India's largest sports and athleisure footwear brand by value and volume, with a ~17% market share, 7 manufacturing facilities, and an omnichannel presence. No financial results or period-over-period comparisons were provided in this filing.

  • · Earnings call scheduled for Monday, 25th May 2026 at 5:00 PM IST.
  • · Pre-registration link provided to avoid wait time.
  • · Company operates 7 manufacturing facilities with installed annual capacity of 30.7 million pairs as of December 31, 2025.
  • · E-commerce revenues grew at a CAGR of 34.6%+ between Fiscal 2021 and December 2025.
  • · Company has 295+ exclusive brand outlets (EBOs) as of December 31, 2025.
Indian Renewable Energy Development Agency Limited Corporate Governance neutral materiality 5/10

24-05-2026

IREDA has informed stock exchanges that its Board meeting scheduled for May 29, 2026 will now also consider recommending a final dividend for FY2025-26, in addition to approving audited standalone and consolidated financial results for Q4 and FY2025-26. The trading window remains closed from April 1, 2026 until 48 hours after the results declaration.

  • · Board meeting date: May 29, 2026
  • · Agenda includes approval of audited standalone & consolidated financial results for quarter and year ended March 31, 2026
  • · Board will also consider recommending final dividend for FY2025-26
  • · Trading window closed from April 1, 2026 until 48 hours after results declaration
Belrise Industries Limited Corporate Governance mixed materiality 9/10

24-05-2026

Belrise Industries Limited reported strong standalone revenue growth of 14.2% YoY for Q4 FY26 (₹21,069.63 million vs ₹17,991.14 million) and 14.2% YoY for the full year (₹75,283.30 million vs ₹65,938.07 million). Consolidated revenue grew 12.2% YoY in Q4 (₹25,528.30 million vs ₹22,743.48 million) and 14.7% YoY for the full year (₹95,091.02 million vs ₹82,908.16 million). However, standalone net profit for Q4 grew only 23.6% YoY (₹1,362.65 million vs ₹1,102.93 million), while consolidated net profit grew 18.4% YoY (₹1,302.25 million vs ₹1,100.17 million). The Board recommended a final dividend of ₹0.55 per share and approved a QIP of up to INR 20,000 million, along with a corporate guarantee of EUR 3.3 million for a subsidiary's ECB facility.

  • · Standalone total income for Q4 FY26 was ₹21,260.93 million, up from ₹18,113.81 million in Q4 FY25 (17.4% increase).
  • · Consolidated total income for Q4 FY26 was ₹25,729.39 million, up from ₹22,846.42 million in Q4 FY25 (12.6% increase).
  • · Standalone total expenses for Q4 FY26 were ₹19,475.45 million, up from ₹16,717.45 million in Q4 FY25 (16.5% increase).
  • · Consolidated total expenses for Q4 FY26 were ₹23,997.14 million, up from ₹21,452.82 million in Q4 FY25 (11.9% increase).
  • · Standalone other income for FY26 was ₹950.88 million, up from ₹647.76 million in FY25 (46.8% increase).
  • · Consolidated other income for FY26 was ₹1,097.58 million, up from ₹616.31 million in FY25 (78.1% increase).
  • · Standalone cash and cash equivalents surged to ₹7,497.53 million as at March 31, 2026 from ₹241.04 million a year earlier.
  • · Consolidated cash and cash equivalents stood at ₹8,060.08 million as at March 31, 2026, up from ₹773.30 million.
  • · Standalone total borrowings (non-current + current) decreased to ₹11,573.97 million from ₹26,437.81 million as at March 31, 2025.
  • · Consolidated total borrowings decreased to ₹14,390.88 million from ₹28,996.73 million.
  • · The Board recommended a final dividend of ₹0.55 per share (11% of face value), subject to shareholder approval.
  • · The QIP of up to INR 20,000 million will be subject to shareholder approval via postal ballot.
  • · Corporate guarantee of EUR 3,300,000 (110% of ECB facility) for subsidiary Belrise Defence and Aerospace Private Limited.
AXISCADES Technologies Limited Corporate Governance neutral materiality 3/10

24-05-2026

AXISCADES Technologies Limited has informed stock exchanges that a Board Meeting will be held on May 27, 2026 to consider and approve audited financial results for Q4 and FY ending March 31, 2026. The trading window remains closed from April 1, 2026 to May 29, 2026.

  • · Board meeting scheduled for May 27, 2026
  • · Trading window closed from April 1, 2026 to May 29, 2026
  • · Company formerly known as AXISCADES Engineering Technologies Limited
Women Networks Ltd. Corporate Governance neutral materiality 5/10

24-05-2026

Pagaria Energy Limited has informed BSE that a Board Meeting will be held on May 27, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for insiders remains closed until 48 hours after the results are declared.

  • · Board meeting scheduled for Wednesday, 27th May 2026 at 2:30 p.m.
  • · Agenda includes approval of audited financial results for Q4 and FY ended March 31, 2026.
  • · Trading window closed for directors, promoters, designated persons, and senior management until 48 hours after results declaration.
  • · Company is registered under CIN L68100DL1991PLC043677.
Dhenu Buildcon Infra Ltd Corporate Governance neutral materiality 3/10

24-05-2026

Dhenu Buildcon Infra Ltd has informed BSE that a Board Meeting will be held on May 30, 2026 to consider and take on record the audited financial results for the quarter and financial year ended March 31, 2026. The trading window has been closed from April 1, 2026 and will open 48 hours after the results announcement. No financial figures or performance data are provided in this intimation.

  • · Board meeting scheduled for May 30, 2026 at the registered office in Mumbai.
  • · Trading window closed from April 01, 2026 and will reopen 48 hours after results announcement.
  • · Agenda includes audited financial results for Q4 and FY ended March 31, 2026, and audit report.

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