BLOG / 🇮🇳 India / broad market · · daily

India Stock Market Daily Regulatory Digest — May 26, 2026

Daily India Market Intelligence

By Gunpowder Editorial ·

6 high priority 44 medium priority 50 total filings analysed

Executive Summary

The May 26, 2026 filing batch reveals a market bifurcated between resilient growth and emerging distress.

While companies like Redtape (revenue +19.6% YoY) and Venus Pipes & Tubes (+21.7% YoY) demonstrate strong full-year performance, a sharp sequential slowdown in Q4 is a dominant theme, with Pace Digitek (PAT -56.5% QoQ), Redtape (PAT -32.7% QoQ), and Dolfin Rubbers (revenue -17.9% YoY) all showing significant deceleration. The most critical developments include Union Bank of India's massive ₹8,000 Cr capital raise plan, a widening net loss at EID Parry (₹70,828 Lakh), and a massive ₹179.33 Cr income tax demand flagged at Alankit Limited. Portfolio-level patterns point to margin compression in the sugar and specialty chemicals sectors, while capital allocation remains conservative with several companies recommending nil or minimal dividends. The upcoming board meetings on May 29-30 for results approval create a concentrated catalyst calendar.

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

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

Tracking the trend? Catch up on the prior India Stock Market Daily Regulatory Digest digest from May 25, 2026.

Investment Signals (11)

  • Redtape Limited ↓ (MIXED)
    ▲

    Standalone revenue grew 19.6% YoY to ₹241,451 Lakh and net profit surged 32.4% YoY, with a recommended ₹2 dividend. However, Q4 sequential revenue decline of 14.2% and PAT drop of 32.7% signal a sharp slowdown, warranting caution on near-term momentum.

  • Venus Pipes & Tubes ↓
    ▲

    Full-year revenue grew 21.7% YoY and net profit rose 9.8% YoY, with a clean audit opinion. However, Q4 revenue declined 1.9% QoQ and net profit was flat (-0.5% QoQ), indicating a plateau. The total dividend of ₹1/share provides a modest yield. [BULLISH on full-year, BEARISH on Q4 trend]

  • Union Bank of India ↓ (MIXED)
    ▲

    Board approved raising up to ₹8,000 Cr in capital (₹3,000 Cr equity + ₹5,000 Cr AT1/Tier 2 bonds). This massive dilution plan signals aggressive growth ambitions but will pressure existing shareholders' equity.

  • Godavari Biorefineries ↓
    ▲

    FY26 EBITDA grew 15.8% YoY with margin improvement to 7.0%, and finance costs fell 31.6% YoY after ₹240 Cr debt repayment. However, Q4 revenue declined 2.7% YoY and EBITDA fell 24.3% YoY. The new 200 KLPD distillery commissioning by June 2026 is a key catalyst. [BULLISH on deleveraging, BEARISH on Q4 weakness]

  • Avonmore Capital ↓ (BEARISH)
    ▲

    Standalone net profit plunged 93.8% YoY to ₹85 Lakh, with revenue falling 55.9% YoY and expenses rising 14.5%. This is a severe deterioration in the core business model.

  • EID Parry India ↓ (BEARISH)
    ▲

    Standalone net loss widened to ₹70,828 Lakh from ₹42,830 Lakh, driven by exceptional items of ₹82,976 Lakh. Total comprehensive loss of ₹67,233 Lakh and EPS of (₹39.83) signal deep financial distress.

  • Marico Limited ↓ (BULLISH)
    ▲

    Launched Parachute Advansed Protein Shampoo, entering the ₹10,000+ Cr shampoo market growing at 9-10% annually. This leverages strong coconut brand equity and targets a high-growth adjacent category.

  • Pace Digitek ↓ (MIXED)
    ▲

    Full-year PAT grew 5.6% YoY, but Q4 PAT collapsed 56.5% QoQ and revenue fell 10.1% QoQ. Total assets surged 62.9% YoY to ₹38,171.59 million, driven by IPO proceeds, suggesting the company is investing heavily but facing execution headwinds.

  • Dolfin Rubbers ↓
    ▲

    Annual total income grew 18.5% to ₹1,707.07 Cr, but profit before tax declined 2% YoY. Q4 total income fell 17.9% YoY and PAT dropped 15.6% YoY. The board recommended no dividend, signaling caution. [BEARISH on profitability]

  • Dhabriya Polywood ↓ (MIXED)
    ▲

    Full-year revenue grew 12.5% YoY to ₹26,447.85 Lakh, but Q4 revenue was only 6.2% higher sequentially, indicating a slowdown. The recommended dividend of ₹0.70/share is modest.

  • Speciality Restaurants ↓
    ▲

    Q4 revenue grew 13.65% YoY and PAT surged 44.20% YoY, with gross margins improving to 70.4%. However, same-store sales growth was a modest 2.25% for Q4 and 1.49% for FY26, lagging peers. Management's guidance of 11.57% SSG in April 2026 post-refurbishments is a key positive catalyst. [BULLISH on margin improvement, BEARISH on SSG]

Risk Flags (9)

  • Alankit Limited / Tax Liability↓ [HIGH RISK]
    ▼

    Auditor flagged a massive income tax demand of ₹17,932.61 Lakh (₹179.33 Cr) for AY 2011-12 to 2020-21, currently under appeal. This represents a significant contingent liability that could materially impact the company's financial position if the appeal fails.

  • Diamond Power Infrastructure / Audit Qualification↓ [HIGH RISK]
    ▼

    Auditor issued a qualified opinion for the second consecutive year due to ongoing reconciliation of PPE and depreciation methodology. Depreciation was provided at only 20% of the applicable rate, and CFO Samir Naik resigned effective May 25, 2026. The internal promotion of Pawan Lohiya provides some continuity but the audit qualification is a major red flag.

  • EID Parry India / Widening Loss↓ [HIGH RISK]
    ▼

    Standalone net loss widened 65.4% to ₹70,828 Lakh from ₹42,830 Lakh, driven by exceptional items of ₹82,976 Lakh. Total comprehensive loss of ₹67,233 Lakh and negative EPS of (₹39.83) indicate severe financial stress.

  • Avonmore Capital / Revenue Collapse↓ [HIGH RISK]
    ▼

    Revenue from operations fell 55.9% YoY to ₹1,070 Lakh, while total expenses rose 14.5% to ₹960 Lakh. This combination of revenue decline and cost inflation is unsustainable and signals a business model crisis.

  • Pace Digitek / Sharp Q4 Slowdown↓ [MODERATE RISK]
    ▼

    Q4 PAT dropped 56.5% sequentially and revenue fell 10.1% QoQ, despite full-year PAT growth of 5.6%. The sharp deceleration in the latest quarter raises concerns about demand sustainability and execution.

  • Redtape Limited / Sequential Decline↓ [MODERATE RISK]
    ▼

    Q4 standalone revenue declined 14.2% sequentially and net profit fell 32.7% QoQ, despite strong full-year growth. The sequential weakness in the final quarter is a negative signal for near-term momentum.

  • Kallam Textiles / CIRP↓ [HIGH RISK]
    ▼

    The company is undergoing Corporate Insolvency Resolution Process, with the 2nd CoC meeting held on May 25, 2026. The outcome of the resolution process is highly uncertain and equity holders face significant risk of dilution or wipeout.

  • Radhagobind Commercial / Insolvency↓ [HIGH RISK]
    ▼

    The company is under insolvency proceedings with a Resolution Professional appointed by NCLT. The board meeting scheduled for May 30, 2026 is to approve financial results under CIRP, indicating severe financial distress.

  • Dolfin Rubbers / No Dividend↓ [MODERATE RISK]
    ▼

    Despite 18.5% revenue growth, the board recommended no dividend for FY26, and profit before tax declined 2% YoY. The nil dividend signals management's caution about cash flows and future profitability.

Opportunities (8)

  • Marico Limited / New Product Launch↓ (OPPORTUNITY)
    ◆

    Entry into the ₹10,000+ Cr shampoo market with Parachute Advansed Protein Shampoo, leveraging strong coconut brand equity. The market is growing at 9-10% annually, and the launch includes a Re. 1 sachet for penetration. This could be a significant growth driver if execution is successful.

  • Godavari Biorefineries / Deleveraging & Capacity Addition↓ (OPPORTUNITY)
    ◆

    Finance costs fell 31.6% YoY following ₹240 Cr debt repayment, and a new 200 KLPD grain-based distillery is being commissioned by June 2026. The combination of lower interest costs and capacity expansion could drive significant earnings growth.

  • Speciality Restaurants / Margin Improvement & SSG Recovery↓ (OPPORTUNITY)
    ◆

    Q4 gross margins improved to 70.4% from 69.1% YoY, and management guided April 2026 same-store sales growth of 11.57% (vs 2.25% in Q4) following refurbishments. The planned ₹40 Cr capex in FY27 for renovations and new stores could sustain this momentum.

  • Union Bank of India / Capital Raise for Growth↓ (OPPORTUNITY)
    ◆

    The ₹8,000 Cr capital raise plan (₹3,000 Cr equity + ₹5,000 Cr bonds) will strengthen the bank's capital base for lending growth. If deployed effectively, this could drive market share gains and earnings growth, though dilution is a near-term headwind.

  • Venus Pipes & Tubes / Consistent Growth with Clean Audit↓ (OPPORTUNITY)
    ◆

    Full-year revenue growth of 21.7% YoY and net profit growth of 9.8% YoY, with an unmodified audit opinion. The company has maintained growth trajectory despite a slight Q4 slowdown, and the total dividend of ₹1/share provides shareholder return.

  • Prostarm Info Systems / IPO Proceeds Reallocation↓ (OPPORTUNITY)
    ◆

    The company is seeking shareholder approval to reallocate ₹1,248.31 Lakhs from inorganic growth to working capital. If approved, this could improve liquidity and operational flexibility. The e-voting period runs from May 27 to June 25, 2026.

  • Fermenta Biotech / Dividend Yield↓ (OPPORTUNITY)
    ◆

    Recommended a final dividend of ₹3.75 per share (75% of face value ₹5), with a record date of August 5, 2026. The unmodified audit opinion and consistent dividend policy provide income visibility.

  • Yuken India / Stable Dividend↓ (OPPORTUNITY)
    ◆

    Recommended a final dividend of ₹1.50 per equity share (face value ₹10) for FY26, with consolidated subsidiaries showing total assets of ₹13,852.27 Lakh and revenues of ₹15,913.56 Lakh. The dividend provides a modest yield.

Sector Themes (6)

  • Q4 Sequential Slowdown Across Sectors
    ◆

    Multiple companies reported sharp sequential declines in Q4 FY26 despite strong full-year performance. Pace Digitek (PAT -56.5% QoQ), Redtape (PAT -32.7% QoQ), and Dolfin Rubbers (revenue -17.9% YoY) all show a common pattern of deceleration in the final quarter, suggesting broader demand weakness or year-end adjustments. [IMPLICATION: Caution on near-term earnings momentum]

  • Sugar & Biorefineries Margin Compression
    ◆

    Godavari Biorefineries reported Q4 EBITDA decline of 24.3% YoY despite full-year growth, while EID Parry India reported a widening net loss. The sector faces headwinds from input cost pressures and regulatory changes, with gross profit margins declining in Q4. [IMPLICATION: Sector-wide profitability challenges]

  • Conservative Capital Allocation
    ◆

    Several companies recommended nil or minimal dividends despite revenue growth. Dolfin Rubbers (nil dividend), Responsive Industries (Re. 0.10/share), and Dhabriya Polywood (₹0.70/share) all show conservative payout policies, suggesting management preference for cash retention amid uncertainty. [IMPLICATION: Limited near-term shareholder returns]

  • Insolvency & Distress Cluster
    ◆

    Three companies (Radhagobind Commercial, Kallam Textiles, and Diamond Power Infrastructure with qualified audit) are under insolvency or facing severe financial stress. This cluster indicates ongoing corporate distress in the small-cap and micro-cap segments. [IMPLICATION: Heightened credit risk in smaller companies]

  • Audit Quality Concerns
    ◆

    Alankit Limited (₹179.33 Cr tax demand), Diamond Power Infrastructure (qualified opinion for 2nd year), and Rama Petrochemicals (modified audit opinion) all highlight significant audit-related risks. The prevalence of emphasis-of-matter and qualified opinions signals governance and accounting quality issues. [IMPLICATION: Due diligence required on financial statement reliability]

  • Capital Raising Activity
    ◆

    Union Bank of India's ₹8,000 Cr capital raise plan is the most significant, but Prostarm Info Systems' IPO proceeds reallocation and several companies' auditor appointments indicate active capital management. The trend suggests companies are positioning for growth or addressing liquidity needs. [IMPLICATION: Increased equity supply and potential dilution]

Watch List (8)

  • Crestchem Ltd / Board Meeting↓
    👁

    Board meeting adjourned due to lack of quorum on May 26, rescheduled to May 29, 2026. Watch for results approval and any material announcements. [Date: May 29, 2026]

  • Technocraft Industries / Interim Dividend↓
    👁

    Board meeting on May 28, 2026 to consider interim dividend. TDS deduction details have been shared, indicating a likely dividend announcement. Watch for dividend quantum and record date. [Date: May 28, 2026]

  • Prostarm Info Systems / E-voting Results↓
    👁

    Shareholder voting on IPO proceeds reallocation and ESOP amendments runs from May 27 to June 25, 2026. Results due by June 29, 2026. The exit option for dissenting shareholders if resolution fails to get 90% approval is a key risk. [Date: June 29, 2026]

  • Godavari Biorefineries / Distillery Commissioning↓
    👁

    The new 200 KLPD grain-based distillery is expected to be commissioned by June 2026. Watch for operational updates and capacity utilization guidance. [Date: June 2026]

  • Speciality Restaurants / SSG Trajectory↓
    👁

    Management guided April 2026 same-store sales growth of 11.57% post-refurbishments. Watch for Q1 FY27 updates to confirm if this trend sustains, which would be a positive catalyst. [Date: Q1 FY27 results]

  • Alankit Limited / Tax Appeal Outcome↓
    👁

    The ₹179.33 Cr income tax demand is under appeal. Any adverse ruling could materially impact the company's financial position. Watch for regulatory updates. [Date: Ongoing]

  • Diamond Power Infrastructure / CFO Transition↓
    👁

    New CFO Pawan Lohiya (former Deputy CFO) takes over effective May 25, 2026. Watch for any strategic changes or updates on the PPE reconciliation that led to the qualified audit opinion. [Date: Ongoing]

  • Union Bank of India / Capital Raise Details↓
    👁

    The ₹8,000 Cr plan is subject to regulatory and shareholder approvals. Watch for the mode of equity raising (FPO, rights, QIP) and pricing, which will determine dilution impact. [Date: Upcoming months]

Filing Analyses (50)
Pace Digitek Limited Corporate Governance mixed materiality 9/10

25-05-2026

Pace Digitek Limited reported audited standalone financial results for Q4 and FY ended March 31, 2026. For the full year, revenue from operations declined 24.7% YoY to ₹17,108.08 million, while profit after tax increased 5.6% to ₹2,464.80 million. However, on a quarterly sequential basis, Q4 FY26 revenue fell 10.1% from Q3 FY25 and profit after tax dropped 56.5%, indicating a sharp slowdown in the latest quarter.

  • · Total comprehensive income for FY26 was ₹2,466.94 million, up 5.7% from ₹2,333.77 million in FY25.
  • · Total assets as at March 31, 2026 stood at ₹38,171.59 million, up 62.9% from ₹23,434.72 million a year ago.
  • · Total equity increased to ₹19,704.22 million from ₹9,834.65 million, driven by IPO proceeds.
  • · Net cash used in operating activities was ₹620.00 million in FY26 vs ₹1,159.82 million used in FY25.
  • · Net cash used in investing activities was ₹7,488.17 million in FY26 vs ₹1,886.01 million generated in FY25, primarily due to investment in subsidiary.
  • · Net cash generated from financing activities was ₹7,814.06 million in FY26 vs ₹894.50 million used in FY25, mainly from IPO proceeds.
  • · The company appointed Mr. Pramod S as Secretarial Auditor for 5 years until FY31.
  • · Four new subsidiaries and one step-down subsidiary were incorporated during FY26.
Godavari Biorefineries Limited Regulatory Action mixed materiality 8/10

26-05-2026

Godavari Biorefineries Limited reported FY26 total income of ₹2,000.2 Cr, up 6.0% YoY, with EBITDA of ₹139.3 Cr (margin 7.0%) reflecting a 15.8% YoY increase. However, Q4 FY26 revenue declined 2.7% YoY to ₹564.1 Cr and EBITDA fell 24.3% YoY to ₹92.1 Cr, while the integrated sugar, co-gen & ethanol segment saw a 5.6% YoY revenue decline in Q4. The company reduced finance costs by 31.6% YoY to ₹49.1 Cr following ₹240 Cr debt repayment, and is commissioning a new 200 KLPD grain-based distillery by June 2026.

  • · Q4 FY26 gross profit margin was 39.2%, down from 39.3% in Q4 FY25.
  • · FY26 gross profit margin improved to 28.7% from 26.6% in FY25.
  • · Q4 FY26 profit after tax (excl. one-time deferred tax) was ₹52.9 Cr, down 26.5% YoY from ₹71.9 Cr.
  • · FY26 profit after tax (incl. one-time deferred tax) was ₹3.5 Cr vs a loss of ₹23.4 Cr in FY25.
  • · Q4 FY26 exceptional expenses were ₹3.4 Cr (gain), while FY26 exceptional expenses were ₹31.1 Cr (charge).
  • · Bio-based chemicals EBITDA margin in Q4 FY26 was 6.5%, down from 9.7% in Q4 FY25.
  • · Bio-based chemicals EBITDA margin for FY26 was 7.0%, down from 8.3% in FY25.
  • · The company sold 98 million litres of ethanol equivalent in FY26, with 81% under EBP, 13% ENA, and 6% others.
  • · New 200 KLPD grain-based distillery commissioning by June 2026 adds 60 million litres annual capacity.
  • · Jivana brand grew 19% YoY to ₹129 Cr revenue with 7,500+ store reach.
  • · US subsidiary Sathgen Therapeutics is advancing an oral TNBC inhibitor with CDSCO filing targeted for Q2 FY26.
  • · Japanese patent secured for novel antiviral therapy platform.
SPRINGFORM TECHNOLOGY LIMITED Corporate Governance neutral materiality 6/10

26-05-2026

Springform Technology Limited has given prior intimation of a Board Meeting scheduled for May 30, 2026, to consider and approve audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, as well as to consider a change in the company's name and consequent amendments to the Memorandum and Articles of Association. The trading window remains closed from April 1, 2026, through May 31, 2026, reopening on June 1, 2026.

  • · Board meeting scheduled for Saturday, 30th May 2026 at 5:00 PM at registered office in New Delhi
  • · Agenda includes approval of audited standalone and consolidated financial results for Q4 and FY ended 31st March 2026
  • · Agenda also includes consideration of change in company name and consequent alteration of Memorandum and Articles of Association
  • · Trading window has been closed since 1st April 2026 and will remain closed until 31st May 2026, reopening on 1st June 2026
  • · Company CIN is L24319DL1979PLC460204 and scrip code is 501479
Triton Valves Ltd. Analyst/Investor Meet neutral materiality 2/10

26-05-2026

Triton Valves Ltd. has scheduled an investor/analyst call on May 29, 2026, to discuss financial results and operations for the quarter and fiscal year ended March 31, 2026. The meeting will be held via audio/video call, and no unpublished price-sensitive information will be shared. The filing provides only logistical details and does not include any financial data or performance metrics.

  • · Investor call scheduled for May 29, 2026 at 4:00 PM IST.
  • · Mode of meeting: Audio/Video Call.
  • · Registration link provided for interested parties.
  • · No unpublished price-sensitive information will be shared during the meeting.
Radhagobind Commercial Limited Insolvency neutral materiality 6/10

26-05-2026

Radhagobind Commercial Limited has filed an intimation regarding a meeting scheduled for May 30, 2026, to consider and approve audited financial results for the quarter and year ended March 31, 2026. The meeting will be presided over by the Resolution Professional, Mr. Najeeb T P, appointed under the Insolvency and Bankruptcy Code, 2016, following an NCLT order. The company is under insolvency proceedings, and no financial figures or performance comparisons are provided in this filing.

  • · The meeting is scheduled for Saturday, 30th May 2026 at 05:00 P.M. at the office of the Resolution Professional in Kannur, Kerala.
  • · The Resolution Professional, Mr. Najeeb T P, holds IBBI Registration No. IBBI/IPA-002/IP-N01014/2020-2021/13316.
  • · The NCLT Kolkata Bench appointed the IRP via order CP (IB)/71/KB/2025 dated 30.10.2025 and the Resolution Professional via order IA (I.B.C)/90(KB)2026 dated 27-01-2026.
  • · The company is listed on BSE (Scrip Code: 030070) and CSE (Scrip Code: 539673).
Oil India Limited Analyst/Investor Meet neutral materiality 1/10

26-05-2026

Oil India Limited has informed the stock exchanges that the video recording of its Investors' and Analysts' Meet – 2026 has been uploaded on the company's website. The filing provides the weblink for stakeholders to access the recording but does not include any financial results, operational updates, or forward-looking statements.

  • · The video recording is available on the company's investor services webpage: https://www.oil-india.com/investor-services/66
  • · Direct weblink to the recording: https://youtu.be/uOplNO31peU?si=sPuJ2gNEuPs4mOGN
  • · Filing date: May 26, 2026
Marico Limited Corporate Governance positive materiality 6/10

26-05-2026

Marico Limited announced the launch of Parachute Advansed Protein Shampoo, marking its entry into the hair cleansing segment. The move leverages the brand's strong coconut equity and targets the ₹10,000+ crore Indian shampoo market, which is growing at 9–10% annually. The launch is part of Marico's innovation-led growth strategy, with eight variants across multiple pack sizes and an entry sachet at Re. 1.

  • · The shampoo range includes eight variants across pack sizes: 80ml, 170ml, 340ml, 650ml, 1L, and 1.2L, available in general trade, modern trade, and e-commerce.
  • · The lead variant combines coconut milk with aloe vera, targeting the damage repair segment.
  • · Other variants include natural ingredients like rosemary, amla, shikakai, and almond for benefits such as hair fall control and shine.
  • · Marico's overseas consumer products portfolio contributes about 24% of the Group's revenue.
  • · The press release was filed on May 26, 2026, and signed by Vinay M A, Company Secretary & Compliance Officer.
Cian Healthcare Limited Corporate Governance neutral materiality 3/10

26-05-2026

Cian Healthcare Limited has informed BSE that a Board meeting is scheduled for May 30, 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 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 Saturday, May 30, 2026.
  • · Agenda includes approval of audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026.
  • · Trading window closed from April 1, 2026, until 48 hours after results declaration.
  • · Filing made under Regulation 29 read with Regulations 30, 33 of SEBI Listing Regulations.
Godavari Biorefineries Limited Regulatory Action neutral materiality 1/10

26-05-2026

Godavari Biorefineries Limited has informed the stock exchanges that the audio recording of its earnings conference call for Q4 and FY26 has been uploaded on the company's website, as required under SEBI Listing Regulations. The filing is a procedural disclosure and contains no financial results or performance data.

  • · The audio recording link is: https://www.godavaribiorefineries.com/sites/default/files/Audio_Recording_Q4_and_FY_26.mp3
  • · Filing made under Regulation 46 of SEBI (LODR) Regulations, 2015
  • · Stock symbol: GODAVARIB (NSE), Script Code: 544279 (BSE)
Rama Petrochemicals Ltd Corporate Governance neutral materiality 5/10

26-05-2026

Rama Petrochemicals Ltd announced audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with modified audit opinions. The board also approved re-appointment of internal auditor, director's report, and notice for the 40th AGM on August 6, 2026 via VC/OAVM.

  • · Audit reports have modified opinions for both standalone and consolidated results.
  • · Internal auditor re-appointed: M/s H. G. Sarvaiya & Co (FRN 115705W) for FY 2026-27.
  • · 40th AGM scheduled for August 6, 2026 via VC/OAVM.
  • · Board meeting lasted from 11:00 AM to 1:35 PM.
Glottis Limited Analyst/Investor Meet neutral materiality 2/10

26-05-2026

Glottis Limited has informed the exchanges that the audio recording of its earnings call for Q4 and FY ended March 31, 2026, held on May 26, 2026, is now available on the company's website. The filing does not contain any financial figures or performance data.

  • · The audio recording link is: https://www.glottislogistics.in/investor-relations/earning-call-details
  • · The earnings call covered Q4 and the full financial year ended March 31, 2026.
  • · The call was held on Tuesday, May 26, 2026.
Redtape Limited Corporate Action mixed materiality 8/10

26-05-2026

Redtape Limited reported audited standalone and consolidated financial results for Q4 and FY2025-26. Standalone revenue from operations for the year ended March 31, 2026, grew 19.6% YoY to ₹241,451 Lakh, while net profit increased 32.4% YoY to ₹24,416 Lakh. However, Q4 standalone revenue declined 14.2% sequentially to ₹67,416 Lakh from ₹78,585 Lakh in Q3 FY26, and net profit fell 32.7% sequentially to ₹7,117 Lakh. The Board recommended a final dividend of ₹2 per equity share and approved changes in senior management.

  • · The Board recommended a final dividend of ₹2 per equity share (face value ₹2) for FY2025-26, subject to shareholder approval at the AGM.
  • · Record date for dividend entitlement is Friday, July 31, 2026.
  • · Mr. Shashank Kumar was redesignated from Chief General Manager (Administration) to Vice President (Administration), effective May 26, 2026, becoming part of Senior Management Personnel.
  • · M/s Surinder Mahajan & Associates was re-appointed as Internal Auditor and Mr. Arun Kumar Srivastava as Cost Auditor for FY2026-27.
  • · The company had issued bonus shares in the ratio of 3:1 on February 5, 2025, increasing paid-up capital to ₹110,56,15,200.
  • · Income Tax authorities conducted a search under Section 132 of the Income Tax Act in September 2025; no written communication has been received, and management believes no material adverse impact exists.
  • · The company operates as a single reportable segment: retailing/trading of apparel and footwear.
  • · Consolidated net profit for FY2025-26 grew 46.2% YoY to ₹24,636 Lakh, outperforming standalone growth.
  • · Standalone EPS (basic, post-bonus) for FY2026 was ₹4.42 vs ₹3.34 in FY2025, a 32.3% increase.
  • · Q4 standalone EPS (basic, post-bonus) was ₹1.29 vs ₹1.91 in Q3 FY2026, a 32.5% sequential decline.
Dolfin Rubbers Limited Corporate Governance mixed materiality 6/10

26-05-2026

Dolfin Rubbers Ltd. approved audited financial results for Q4 and FY ended March 31, 2026. Annual total income grew 18.5% to ₹1707.07 Cr (₹17070.66 Lakhs) but profit before tax declined 2% to ₹7.03 Cr (₹703.09 Lakhs). Q4 total income fell 17.9% YoY to ₹488.75 Cr (₹4887.53 Lakhs), while profit after tax dropped 15.6% to ₹1.30 Cr (₹130.0 Lakhs). The board recommended no dividend.

  • · Auditors Goyal Sanjay & Associates issued an unmodified opinion on the financial results.
  • · The board recommended a nil dividend for the year.
  • · Earnings per share (basic) for FY2026 was ₹5.52, up from ₹5.11 in FY2025 (8.0% growth).
  • · Total comprehensive income for FY2026 was ₹552.65 Lakhs, compared to ₹511.27 Lakhs in FY2025 (8.1% growth).
  • · Cash flow from operations increased to ₹482.98 Lakhs in FY2026 from ₹446.93 Lakhs in FY2025.
  • · Property, plant and equipment increased from ₹2617.49 Lakhs to ₹2900.95 Lakhs.
  • · Trade receivables decreased from ₹1762.43 Lakhs to ₹1569.87 Lakhs.
  • · Current borrowings increased to ₹1724.94 Lakhs from ₹1657.86 Lakhs.
AMBO AGRITEC LIMITED Corporate Governance neutral materiality 3/10

26-05-2026

Ambo Agritec Limited has informed BSE that a Board Meeting is scheduled on May 30, 2026, to consider and approve the standalone and consolidated audited financial results for the fiscal year ended March 31, 2026. The trading window for designated persons will remain closed until June 1, 2026, 48 hours after the results are submitted to the exchange. No financial figures or performance comparisons are provided in this filing.

  • · Board meeting date: Saturday, 30th May, 2026
  • · Trading window closure extended until 01st June, 2026 (48 hours after submission of results)
  • · Previous trading window closure intimation dated 23rd March, 2026
  • · Company was formerly known as Ambo Agritec Private Limited
  • · Registered office: 3, Pretoria Street, Chandrakunj Building, Kolkata, West Bengal
  • · Works: Mangalpur Industrial Estate, Ranigunj, Burdwan, West Bengal
  • · CIN: U15419WB1994PLC064993
  • · Scrip Code: 543678
EIKO LIFESCIENCES LIMITED Corporate Governance neutral materiality 3/10

26-05-2026

Eiko Lifesciences Limited has appointed M/s NP Rajput & Co as its Internal Auditor for the financial year 2026-27, effective May 26, 2026. The appointment was approved by the Board of Directors based on the recommendation of the Audit Committee. No financial figures or period-over-period comparisons are included in this filing.

  • · The appointment is for the financial year 2026-27 only.
  • · M/s NP Rajput & Co has experience in Income tax Compliances, GST compliances, Accounting, Internal Audit, GST audit, and handling major audit assignments.
  • · No relationship exists between the appointee and the company's directors.
  • · The filing was made under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular dated January 30, 2026.
Yatharth Hospital & Trauma Care Services Limited Analyst/Investor Meet neutral materiality 1/10

26-05-2026

Yatharth Hospital & Trauma Care Services Limited has informed the stock exchanges that its management will participate in the 16th Annual Investor Conference organized by 360 One (B&K Securities) on May 29, 2026 in Mumbai. The company has clarified that no unpublished price sensitive information will be shared during the meeting.

  • · The meeting is scheduled for May 29, 2026 in Mumbai.
  • · The event is the 16th Annual Investor Conference organized by 360 One (B&K Securities).
  • · The date is subject to change due to exigencies on the part of investors or the company.
  • · No unpublished price sensitive information will be shared at the meeting.
Prostarm Info Systems Limited Corporate Governance neutral materiality 7/10

26-05-2026

Prostarm Info Systems Limited has issued a Postal Ballot Notice seeking shareholder approval for three special resolutions: (1) variation in the utilization of IPO proceeds, reallocating ₹1,248.31 Lakhs originally earmarked for inorganic growth to working capital; (2) amendments to the Prostarm Employee Stock Option Plan 2024 (ESOP 2024) for employees of the company; and (3) amendments to the ESOP 2024 for employees of subsidiary companies. The e-voting period runs from May 27, 2026 to June 25, 2026, with results to be declared on or before June 29, 2026. Notably, if the resolution on IPO proceeds variation is approved by the required special resolution threshold but not by 90% of voting shareholders, the promoters must offer an exit to dissenting shareholders.

  • · The cut-off date for determining eligible shareholders for e-voting is Friday, May 22, 2026.
  • · The scrutinizer appointed for the e-voting process is Mr. Sandeep Parekh, a practicing Company Secretary.
  • · The Board of Directors approved the appointment of the scrutinizer and the resolutions on May 22, 2026.
  • · The variation in IPO proceeds involves reallocating the remaining unutilized ₹1,248.31 Lakhs from the 'inorganic growth' object to 'working capital requirements'.
  • · The original IPO prospectus was dated May 30, 2025.
  • · The ESOP 2024 was originally approved by shareholders at the AGM on September 18, 2024, and subsequently at an EGM on February 12, 2025, and ratified post-IPO at the AGM on September 26, 2025.
  • · The amendments to ESOP 2024 are being proposed for both the company's employees and employees of its subsidiary companies.
SARUP INDUSTRIES LIMITED Corporate Governance neutral materiality 3/10

26-05-2026

Sarup Industries 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 and connected persons has been closed from April 1, 2026 to June 1, 2026 to prevent insider trading. No financial results or performance data are disclosed in this filing.

  • · Board meeting date: May 30, 2026
  • · Trading window closure period: April 1, 2026 to June 1, 2026 (both days inclusive)
  • · Filing made under Regulation 29 and 50(3) of SEBI (LODR) Regulations, 2015
Grauer & Weil (India) Ltd. Corporate Governance neutral materiality 6/10

26-05-2026

Grauer & Weil (India) Ltd. announced its Board Meeting outcome on May 26, 2026, approving standalone and consolidated audited financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. The Board recommended a dividend of ₹0.50 per equity share (50% of face value) for FY 2025-26, subject to shareholder approval at the 68th AGM scheduled for September 16, 2026. Key reappointments include Mr. Rohitkumar More as Whole-time Director for five years from April 1, 2027, and Mr. Yogesh Samat as Whole-time Director for two years from July 1, 2026, along with the appointment of new cost and internal auditors for FY 2026-27.

  • · The Board meeting commenced at 12:15 PM and concluded at 1:30 PM on May 26, 2026.
  • · The Register of Members and Share Transfer Books will remain closed from September 10, 2026 to September 16, 2026 (both days inclusive) for dividend purposes.
  • · Mr. Rohitkumar More (age 53, B.E. Mechanical) has been associated with the Company since March 14, 2003 and oversees the Engineering Division and the 100% subsidiary M/s Kamtress Automation Systems Pvt. Ltd.
  • · Mr. Yogesh Samat (age 62, MBA from IIM Bangalore, CFA) has previously worked with Hindustan Unilever Limited and served as CEO of Inorbit Mall and as an Independent Director of the Company.
  • · M/s V. J. Talati & Co. has been appointed as Cost Auditors for FY 2026-27, and M/s SCA & Associates as Internal Auditor for FY 2026-27, both effective April 1, 2026.
  • · No financial performance figures (revenue, profit, etc.) were disclosed in this filing.
Thermax Limited Default neutral materiality 2/10

26-05-2026

Thermax Limited has published newspaper advertisements (Financial Express and Loksatta) on May 26, 2026, informing shareholders about the upcoming transfer of equity shares and unpaid dividends to the Investor Education and Protection Fund Authority (IEPFA) in compliance with the Companies Act, 2013 and IEPFA Rules. This regulatory notice primarily serves procedural compliance and does not contain any financial results or business performance updates.

  • · Advertisement published in Financial Express (English) and Loksatta (Marathi) on May 26, 2026.
  • · Shareholders are being notified about transfer of equity shares and unpaid dividend to IEPFA.
  • · Reference was made under Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Alankit Limited Corporate Governance mixed materiality 8/10

26-05-2026

Alankit Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. However, the auditor highlighted material emphasis-of-matter items: an income tax demand of ₹17,932.61 lakh (approx. ₹179.33 Cr) for AY 2011-12 to 2020-21 (under appeal), write-back of trade payables of ₹1,084.17 lakh and write-off of trade receivables of ₹1,312.65 lakh, and a ₹5,393.00 lakh payment for property from a related party where legal title is yet to be transferred. The company's CFO and MD certified the results as free of false or misleading statements.

  • · Auditor's report includes unmodified opinion but contains three emphasis-of-matter paragraphs.
  • · Income tax demand of ₹17,932.61 lakh is under appeal; company considers it not tenable based on legal opinion.
  • · Write-back of trade payables (₹1,084.17 lakh) and write-off of trade receivables (₹1,312.65 lakh) had significant impact on the year's results.
  • · ₹5,393.00 lakh payment for property from a related party – legal title not yet transferred as of reporting date.
  • · Board meeting commenced at 12:30 PM IST and concluded at 2:15 PM IST on May 26, 2026.
  • · Results filed under Regulation 30 and 33 of SEBI LODR Regulations.
Crestchem Ltd. Corporate Governance neutral materiality 3/10

26-05-2026

Crestchem Ltd. adjourned its board meeting scheduled for May 26, 2026, to May 29, 2026 at 12:15 PM due to lack of quorum. The agenda for the rescheduled meeting remains unchanged from the notice issued on May 18, 2026.

  • · Board meeting originally scheduled for May 26, 2026 was adjourned due to non-presence of quorum.
  • · Rescheduled date: Friday, May 29, 2026 at 12:15 PM (Noon).
  • · Agenda remains the same as per notice dated May 18, 2026.
KALLAM TEXTILES LTD Insolvency neutral materiality 6/10

26-05-2026

Kallam Textiles Ltd, undergoing Corporate Insolvency Resolution Process (CIRP), held its 2nd Committee of Creditors (CoC) meeting on May 25, 2026. The meeting discussed the minutes of the 1st CoC meeting, claims received by the Interim Resolution Professional (IRP), constitution of the CoC, publication of Form G for prospective resolution applicants, and a fresh invitation for expression of interest. No financial figures or performance metrics were disclosed in this filing.

  • · The 2nd CoC meeting was held on May 25, 2026, from 11:30 AM to 11:50 AM.
  • · Minutes of the meeting were circulated via email on May 25, 2026, at 11:22 PM.
  • · The 1st CoC meeting was held on May 2, 2026.
  • · The filing is a post-facto intimation to BSE under Regulation 30 of SEBI LODR Regulations.
Technocraft Industries (India) Limited Corporate Governance neutral materiality 4/10

26-05-2026

Technocraft Industries (India) Limited has informed shareholders about TDS deduction on an upcoming interim dividend, which the Board may consider on May 28, 2026. The company outlines varying TDS rates for resident (10% or nil with valid documentation) and non-resident members (20% or lower treaty rate), with a June 6, 2026 deadline for submitting required documents. Shareholders without a valid PAN or PAN-Aadhaar linkage face a higher 20% TDS rate.

  • · Board meeting to consider interim dividend is scheduled for May 28, 2026.
  • · Record date for the interim dividend will be fixed after the board meeting.
  • · Deadline for submitting TDS-related documents is June 6, 2026.
  • · Resident individual shareholders can submit Form 121 to claim nil TDS.
  • · Non-resident members must provide a Tax Residency Certificate (TRC) and Form 41 to avail lower treaty rates.
  • · PAN-Aadhaar linkage is mandatory; failure results in a 20% TDS rate.
  • · TDS certificates will be emailed after dividend payment and can be viewed in Form 168.
  • · No claim against the company for higher TDS deducted if documents are not submitted on time.
Union Bank of India Corporate Governance neutral materiality 8/10

26-05-2026

Union Bank of India's Board of Directors approved a capital plan to raise up to ₹8,000 crore. The plan includes raising up to ₹3,000 crore in equity capital through various modes (FPO, rights issue, QIP, etc.) and up to ₹5,000 crore through Basel III compliant Additional Tier 1 and/or Tier 2 bonds. The meeting was held on May 26, 2026, and the approvals are subject to regulatory and shareholder approvals.

  • · The Board meeting commenced at 11:00 A.M. and concluded at 2:00 P.M. on May 26, 2026.
  • · The capital raising is subject to approval from the Government of India, other regulatory authorities, and shareholders.
  • · Equity capital may be raised in tranches within the overall limit of ₹8,000 Crore.
  • · The filing references a prior letter dated May 21, 2026 (Ref. ISD/54/2026-27).
Grauer & Weil (India) Ltd. Corporate Governance neutral materiality 6/10

26-05-2026

Grauer & Weil (India) Ltd. announced its audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. The Board recommended a dividend of ₹0.50 per share (50% of face value) for FY2025-26, and reappointed Mr. Rohitkumar More (Whole-time Director for 5 years from April 2027) and Mr. Yogesh Samat (Whole-time Director for 2 years from July 2026), subject to shareholder approval. The 68th AGM is scheduled for September 16, 2026, with a book closure from September 10 to 16, 2026.

  • · The Board meeting commenced at 12:15 PM and concluded at 1:30 PM on May 26, 2026.
  • · Audit report issued by M/s M M Nissim & Co. LLP (Firm Registration No. 107122W) carries an unmodified opinion on both standalone and consolidated results.
  • · Mr. Rohitkumar More (age 53, B.E. Mechanical) has been associated with the company since March 14, 2003 and oversees the Engineering Division and the 100% subsidiary M/s Kamtress Automation Systems Pvt. Ltd.
  • · Mr. Yogesh Samat (age 62, MBA from IIM Bangalore, CFA) previously served as an Independent Director and has worked at Hindustan Unilever Limited and as CEO of Inorbit Mall.
  • · M/s V. J. Talati & Co. appointed as Cost Auditors for FY2026-27 (April 1, 2026 to March 31, 2027).
  • · M/s SCA & Associates appointed as Internal Auditors for FY2026-27 (April 1, 2026 to March 31, 2027).
  • · The Register of Members and Share Transfer Books will remain closed from September 10, 2026 to September 16, 2026 (both days inclusive) for dividend purposes.
  • · No financial figures (revenue, profit, etc.) were disclosed in this filing.
Speciality Restaurants Limited Analyst/Investor Meet mixed materiality 7/10

26-05-2026

Speciality Restaurants reported Q4 FY26 revenue growth of 13.65% YoY and PAT growth of 44.20% YoY, with gross margins improving from 69.1% to 70.4%. However, same-store sales growth (SSG) was modest at 2.25% for Q4 and 1.49% for the full year, lagging peers. The company plans INR40 crore capex in FY27 for renovations and new store openings, and management noted that April 2026 SSG improved to 11.57% following restaurant refurbishments.

  • · Company has reported consistent profits for 19 consecutive quarters.
  • · 5-year revenue CAGR of 12.39% and PAT CAGR of 11.16%.
  • · Focus brands for expansion: Mainland China, Asia Kitchen, Haka, Gong, Siciliana, Walters, Sweet Bengal. Other brands are profitable but will not be expanded.
  • · Franchise model: franchisee pays 6% of top line as royalty; company seeks strategic partners with skin in the game.
  • · Haka is a digital QSR (delivery-first) brand; currently 3 outlets, operated as hybrid cloud kitchens within Mainland China/Asia Kitchen outlets.
  • · Gong (premium Asian dining) opened in Bandra; upcoming openings in Pune and Delhi (Vasant Kunj).
  • · Asia Kitchen positioned as a mall-fit brand; Mainland China and Asia Kitchen expected to reach ~50 outlets in 5 years.
  • · Price hike of only 4% taken in FY26 due to input cost inflation; management cautious not to burden customers.
  • · Average occupancy and specific revenue/PAT absolute figures not disclosed in the transcript.
Surat Trade and Mercantile Limited Corporate Governance neutral materiality 5/10

26-05-2026

Surat Trade and Mercantile Limited's Board approved audited financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion from M/s Sharp & Tannan Associates. The Board also re-appointed Mr. Suhail P. Shah as Wholetime Director (Executive Director) for five years from September 1, 2026, appointed Ms. Ankita Prasiddha Shroff as Company Secretary and Compliance Officer effective May 26, 2026, and re-appointed M/s K. S. Jagirdar & Co. as Internal Auditor for FY 2026-27. No financial figures or period-over-period comparisons were provided in the filing, limiting quantitative analysis.

  • · Audited financial results for Q4 and FY ended March 31, 2026, were approved with an unmodified audit opinion.
  • · Mr. Suhail P. Shah holds a PhD in Theoretical Physical Chemistry from the University of Chicago and has over 10 years of international research experience.
  • · Ms. Ankita Shroff is an Associate member (ACS 36425) of the ICSI with over 9 years of experience.
  • · The Board adopted a new policy on effective communication between Statutory Auditors and Those Charged with Governance (TCWG) per NFRA Circular dated January 7, 2026.
  • · The Board meeting commenced at 12:00 p.m. IST and concluded at 2:10 p.m. IST on May 26, 2026.
EID Parry India Limited Corporate Governance negative materiality 8/10

26-05-2026

EID Parry India Limited reported standalone net loss of ₹70,828 Lakhs for FY2026, widening from ₹42,830 Lakhs loss in FY2025, impacted by exceptional items of ₹82,976 Lakhs. Revenue from operations declined 1.5% to ₹3,12,026 Lakhs from ₹3,16,812 Lakhs. The Board approved audited financial results and declared an unmodified audit opinion. The 51st AGM is scheduled for August 12, 2026 via VC/OAVM.

  • · Exceptional items for FY2026 were ₹82,976 Lakhs (FY2025: ₹42,715 Lakhs).
  • · Total comprehensive loss for FY2026 was ₹67,233 Lakhs (FY2025: loss of ₹39,271 Lakhs).
  • · Basic EPS for FY2026 was (₹39.83) per share (FY2025: (₹24.12)).
  • · Net worth as of March 31, 2026 was ₹1,87,284 Lakhs (March 31, 2025: ₹2,53,976 Lakhs).
  • · The Board meeting commenced at 10:00 am and concluded at 2:15 pm on May 26, 2026.
Yuken India Limited Corporate Governance neutral materiality 6/10

26-05-2026

Yuken India Limited's Board approved standalone and consolidated audited financial results for Q4 and FY ended March 31, 2026, and recommended a final dividend of ₹1.50 per equity share. The company also reappointed cost auditors and internal auditors for FY 2026-27. The consolidated results include three subsidiaries with total assets of ₹13,852.27 lakh and total revenues of ₹15,913.56 lakh, but the filing does not provide prior-period comparisons or overall group performance trends.

  • · Final dividend of ₹1.50 per equity share (face value ₹10) recommended for FY ended March 31, 2026, subject to shareholder approval.
  • · Re-appointment of M/s. Adarsh Sharma & Co. as Cost Auditors for FY 2026-27.
  • · Re-appointment of M/s. Gnanoba & Bhat as Internal Auditors for FY 2026-27.
  • · Board meeting started at 12:00 noon IST and ended at 2:20 PM IST on May 26, 2026.
  • · The consolidated results include three subsidiaries (total assets ₹13,852.27 lakh, total revenues ₹15,913.56 lakh, net profit ₹187.09 lakh) and two associates (share of net loss ₹30.96 lakh).
Sinnar Bidi Udyog Ltd. Corporate Governance neutral materiality 4/10

26-05-2026

Sinnar Bidi Udyog Ltd. has scheduled a Board Meeting 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 intimation was filed with BSE Limited on May 26, 2026, pursuant to SEBI Listing Regulations.

  • · The Board Meeting is scheduled for Friday, 29th May 2026.
  • · The meeting will consider both standalone and consolidated audited financial results for the quarter and year ended 31st March 2026.
  • · The filing was made under Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015.
  • · BSE Scrip Code: 509887
Wealth First Portfolio Managers Limited Analyst/Investor Meet neutral materiality 3/10

26-05-2026

Wealth First Portfolio Managers Limited has scheduled an earnings call on June 1, 2026, to discuss its audited standalone and consolidated financial results for Q4 and the full fiscal year ended March 31, 2026. The call will be led by Managing Director Ashish Shah, CFO Dhiren Parikh, and other senior executives. No financial figures or performance trends are disclosed in this filing.

  • · Earnings call scheduled for Monday, 1st June 2026 at 2:00 PM IST.
  • · Participants include Managing Director, CFO, and two Heads of Business Development & Strategy.
  • · Call will cover both standalone and consolidated audited financial results for Q4 and FY26.
  • · Pre-registration link provided for participants.
  • · International toll-free numbers available for Hong Kong, Singapore, UK, and USA.
Visagar Financial Services Ltd Corporate Governance neutral materiality 3/10

26-05-2026

Visagar Financial Services Ltd has informed BSE that a Board Meeting is scheduled for May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window for specified persons has been closed since April 1, 2026, and will reopen 48 hours after the results are made public. No financial figures or performance data are disclosed in this notice.

  • · Board meeting date: Saturday, 30th May 2026
  • · Meeting venue: 907/908, Dev Plaza, S V Road, Andheri (W), Mumbai-400058
  • · Trading window closure period: from 01st April 2026 until 48 hours after results are made public on 30th May 2026
  • · Company CIN: L99999MH1994PLC076858
  • · Registered office: 907/908, Dev Plaza, S V Road, Andheri (W), Mumbai, Maharashtra, 400058
FERMENTA BIOTECH LIMITED Corporate Governance neutral materiality 6/10

26-05-2026

Fermenta Biotech Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion from SRBC & Co. LLP. The Board also recommended a final equity dividend of ₹3.75 per share (75% of face value ₹5) for FY 2025-26, subject to shareholder approval at the 74th AGM scheduled for August 11, 2026 via video conferencing. The record date for the dividend is August 5, 2026, and payment will be made on or before August 21, 2026 if approved.

  • · Audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2026 were approved with an unmodified audit opinion.
  • · 74th AGM will be held on August 11, 2026 via video conferencing.
  • · Record date for final dividend is August 5, 2026; payment date on or before August 21, 2026.
  • · Board meeting started at 1:00 PM IST and concluded at 2:00 PM IST on May 26, 2026.
Responsive Industries Limited Corporate Governance neutral materiality 5/10

26-05-2026

Responsive Industries Limited announced its audited standalone and consolidated financial results for the quarter and fiscal year ended March 31, 2026, approved at a Board meeting on May 26, 2026. The Board also recommended a final dividend of Re. 0.10 per equity share (10%) for FY2026, subject to shareholder approval. The auditors issued an unmodified opinion on the financial results.

  • · Auditors M/s. Shah & Taparia issued an unmodified opinion on the audited standalone and consolidated financial results.
  • · The Board meeting commenced at 12:00 P.M. and concluded at 2:20 P.M. on May 26, 2026.
  • · The dividend recommendation is subject to approval at the ensuing Annual General Meeting.
BEFOUND MOVEMENT LIMITED Corporate Governance neutral materiality 4/10

26-05-2026

Befound Movement Limited (formerly Regency Trust Limited) has issued a Postal Ballot Notice dated May 23, 2026, seeking shareholder approval via remote e-voting for two special resolutions: the appointment of Ms. Sakshi Dubey as a Non-Executive Independent Director for a five-year term (March 27, 2026 to March 26, 2031), and the change in designation of Mr. Rajesh Balbir Kapoor from Managing Director and CFO to only Managing Director (effective March 31, 2026) for a three-year term (August 10, 2025 to August 9, 2028) without any remuneration. The e-voting period runs from May 27, 2026 to June 25, 2026, with results to be declared on June 26, 2026.

  • · The e-voting period begins on Wednesday, May 27, 2026 at 09:00 a.m. and ends on Thursday, June 25, 2026 at 5:00 p.m.
  • · Cut-off date for determining voting eligibility is Friday, May 22, 2026.
  • · Results will be declared on June 26, 2026 and communicated to BSE and CDSL.
  • · Mr. Rajesh Balbir Kapoor resigned as CFO effective March 31, 2026; his new designation as only Managing Director is for a period of three years from August 10, 2025 to August 9, 2028, without any remuneration.
  • · Ms. Sakshi Dubey's appointment as Non-Executive Independent Director is for a five-year term from March 27, 2026 to March 26, 2031.
  • · The scrutinizer appointed is M/s. NVB & Associates, Practicing Company Secretaries.
Pankaj Polymers Ltd. Merger/Acquisition neutral materiality 1/10

26-05-2026

Pankaj Polymers Ltd. filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011, related to Himanshu Arora. The filing is a procedural SAST disclosure and does not contain any details on deal structure, valuation, strategic rationale, or financial impact. No quantitative data, named entities beyond the acquirer, or scheduled events are disclosed.

B. P. Capital Ltd Corporate Governance neutral materiality 3/10

26-05-2026

B. P. Capital Ltd held an Extraordinary General Meeting on May 25, 2026, where three special resolutions were passed with 100% voting in favor (2,111,675 votes for, 2 against). The resolutions include adoption of new Memorandum and Articles of Association, and shifting of registered office from Haryana to Delhi.

  • · E-voting period: May 22-24, 2026; cut-off date for entitlement: May 18, 2026.
  • · Two shareholders voted against all resolutions via e-voting (2 votes each).
  • · No invalid votes were recorded.
  • · Scrutinizer appointed at board meeting on April 25, 2026.
Ndr Auto Components Limited Analyst/Investor Meet neutral materiality 2/10

26-05-2026

Ndr Auto Components Limited rescheduled its analyst/investor meeting from May 27, 2026 to May 26, 2026 at 9 a.m. The meeting, held physically in Gurgaon, included participants from Dalton Investments and Marval Capital Ltd. The revised schedule was disclosed under SEBI regulations; no financial results or business updates were provided in this filing.

  • · The meeting was preponed by one day (from May 27 to May 26, 2026) at the same time (9 a.m.)
  • · The meeting mode was physical, held in Gurgaon
  • · Two institutions participated: Dalton Investments and Marval Capital Ltd
FERMENTA BIOTECH LIMITED Corporate Governance neutral materiality 6/10

26-05-2026

Fermenta Biotech Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion from SRBC & Co. LLP. The Board recommended a final equity dividend of ₹3.75 per share (75% of face value ₹5) for FY2025-26, subject to shareholder approval at the 74th AGM scheduled for August 11, 2026 via video conferencing. The record date for the dividend is August 5, 2026, and payment will be made by August 21, 2026 if approved.

  • · Audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2026 were approved with an unmodified audit opinion.
  • · 74th AGM will be held on August 11, 2026 via video conferencing.
  • · Record date for the final dividend is August 5, 2026.
  • · Dividend payment date (if approved) is on or before August 21, 2026.
  • · Board meeting started at 1:00 PM IST and concluded at 2:00 PM IST on May 26, 2026.
Avonmore Capital & Management Services Limited Corporate Governance negative materiality 8/10

26-05-2026

Avonmore Capital & Management Services reported a standalone net loss of ₹64 Lakh for Q4 FY26, compared to a net profit of ₹16 Lakh in Q4 FY25, driven by a sharp decline in revenue from operations (₹259 Lakh vs ₹165 Lakh) and higher total expenses (₹349 Lakh vs ₹219 Lakh). For the full year FY26, net profit plunged 93.8% to ₹85 Lakh from ₹1,372 Lakh in FY25, as revenue from operations fell 55.9% to ₹1,070 Lakh from ₹2,425 Lakh, while total expenses rose 14.5% to ₹960 Lakh. The board also approved the re-appointment of M/s Batra Neeraj & Associates as internal auditors for FY27.

  • · The board meeting commenced at 13:00 PM and concluded at 14:15 PM on May 26, 2026.
  • · Statutory auditors M/s Mohan Gupta & Co. issued an unmodified (clean) opinion on the standalone financial results.
  • · M/s Batra Neeraj & Associates was re-appointed as internal auditor for FY 2026-27, effective April 1, 2026.
  • · Segment-wise, the finance activities segment reported a loss before tax and interest of ₹183 Lakh for FY26, compared to a loss of ₹198 Lakh in FY25.
  • · The investments activities segment contributed nil revenue in FY26 vs ₹1,639 Lakh in FY25, and nil segment profit vs ₹1,639 Lakh in FY25.
  • · Cash and cash equivalents fell sharply to ₹31 Lakh as at March 31, 2026 from ₹758 Lakh a year earlier.
  • · Loans (financial assets) decreased to ₹7,674 Lakh from ₹9,737 Lakh, while investments increased to ₹17,204 Lakh from ₹15,411 Lakh.
  • · Borrowings (other than debt securities) stood at ₹7,866 Lakh, marginally down from ₹7,908 Lakh.
Scintilla Commercial & Credit Limited Corporate Governance neutral materiality 3/10

26-05-2026

Scintilla Commercial & Credit Limited has informed the stock exchanges that a Board Meeting will be held on Saturday, 30th May 2026, to consider and approve the audited standalone financial results for the fourth quarter and year ended 31st March 2026, appoint an internal auditor for FY 2026-27, and transact other business. The trading window for insiders will remain closed until 48 hours after the declaration of the financial results.

  • · Board meeting date: Saturday, 30th May 2026
  • · Agenda includes: approval of audited standalone financial results for Q4 and FY ended 31st March 2026, appointment of internal auditor for FY 2026-27
  • · Trading window closed for directors, promoters, designated persons, senior management, and their immediate relatives until 48 hours after results declaration
  • · Company scrip codes: BSE - 538857, Calcutta Stock Exchange - 029467
Aurum PropTech Limited Regulatory Action positive materiality 3/10

26-05-2026

Aurum PropTech Limited received a waiver from BSE for a fine of ₹53,100 (inclusive of GST) that was originally imposed for non-compliance with Regulation 23(9) of the SEBI Listing Regulations. The fine was levied on December 16, 2025, and the company filed a waiver application on December 23, 2025, which was approved on May 25, 2026.

  • · The fine was originally imposed on December 16, 2025, for non-compliance with Regulation 23(9) of the SEBI Listing Regulations.
  • · The waiver application was filed on December 23, 2025.
  • · The waiver was approved via email from BSE on May 25, 2026.
Diamond Power Infrastructure Limited Corporate Governance mixed materiality 8/10

26-05-2026

Diamond Power Infrastructure Limited's Board approved audited financial results for Q4 and FY ended March 31, 2026, with the auditor issuing a qualified opinion due to ongoing reconciliation of Property, Plant & Equipment (PPE) and depreciation methodology. CFO Samir Naik resigned effective May 25, 2026, and was succeeded by Pawan Lohiya, the former Deputy CFO. The audit qualification and leadership change introduce uncertainty, though the internal promotion of the CFO provides some continuity.

  • · Auditor's report contains a qualified opinion due to ongoing PPE register updation and reconciliation, with final value-in-use and remaining useful lives still under process.
  • · Depreciation on pre-NCLT PPE was provided at only 20% of the applicable rate, based on management's estimate of sub-optimal capacity utilization.
  • · The audit qualification has been carried forward from the previous year (FY ended March 31, 2025) and also applied to all quarterly limited reviews during FY2026.
  • · The Board meeting commenced at 12:30 PM IST and concluded at 2:15 PM IST on May 26, 2026.
  • · The company's subsidiary is DICABS Nextgen Special Alloys Private Limited.
Grauer & Weil (India) Ltd. Corporate Action neutral materiality 6/10

26-05-2026

Grauer & Weil (India) Ltd. announced audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. The Board recommended a dividend of ₹0.50 per share (50% of face value ₹1) for FY2025-26. Additionally, the Board reappointed Mr. Rohitkumar More as Whole-time Director for 5 years from April 1, 2027, and Mr. Yogesh Samat for 2 years from July 1, 2026, subject to shareholder approval. The 68th AGM is scheduled for September 16, 2026.

  • · Audit report by M/s M M Nissim & Co. LLP with unmodified opinion on standalone and consolidated results.
  • · Register of Members and Share Transfer Books closed from September 10 to September 16, 2026 for dividend.
  • · Mr. Rohitkumar More (age 53, B.E. Mechanical) reappointed as Whole-time Director for 5 years from April 1, 2027 to March 31, 2032.
  • · Mr. Yogesh Samat (age 62, MBA, CFA) reappointed as Whole-time Director for 2 years from July 1, 2026 to June 30, 2028.
  • · Appointment of M/s V. J. Talati & Co. as Cost Auditors for FY2026-27.
  • · Appointment of M/s SCA & Associates as Internal Auditor for FY2026-27.
  • · Board meeting commenced at 12:15 PM and concluded at 1:30 PM.
Alankit Limited Corporate Governance mixed materiality 8/10

26-05-2026

Alankit Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. However, the auditor highlighted significant emphasis-of-matter items: an income tax demand of ₹17,932.61 lakhs (filed appeal), write-back of trade payables of ₹1,084.17 lakhs and write-off of trade receivables of ₹1,312.65 lakhs, and a ₹5,393.00 lakh payment for property purchase where legal title is yet to be transferred.

  • · Auditor's report includes an unmodified opinion on consolidated financial results.
  • · The group comprises 7 entities: parent and 6 wholly-owned subsidiaries.
  • · Income tax demand of ₹17,932.61 lakhs pertains to assessment years 2011-12 to 2020-21; company has filed appeal and obtained legal opinion that demand is not tenable.
  • · Write-back of trade payables (₹1,084.17 lakhs) and write-off of trade receivables (₹1,312.65 lakhs) had significant impact on the year's results.
  • · ₹5,393.00 lakhs paid for property purchase from a related party; legal title not yet transferred as of reporting date.
  • · Board meeting commenced at 12:30 PM IST and concluded at 2:15 PM IST on May 26, 2026.
Venus Pipes & Tubes Limited Corporate Governance mixed materiality 8/10

26-05-2026

Venus Pipes & Tubes reported audited financial results for Q4 and FY2025-26, with revenue for the quarter ended March 31, 2026 at ₹3,021.95 million (up 17.1% YoY from ₹2,581.36 million) and net profit at ₹254.96 million (up 7.6% YoY from ₹237.05 million). For the full year, revenue grew 21.7% to ₹11,668.48 million and net profit rose 9.8% to ₹1,019.62 million. However, sequential quarterly revenue declined 1.9% from ₹2,966.99 million in Dec 2025, and net profit was nearly flat (down 0.5% QoQ). The Board recommended a final dividend of ₹0.50 per share (5% on face value of ₹10), bringing total FY2025-26 dividend to ₹1 per share.

  • · Audited financial results received an unmodified (clean) audit opinion from statutory auditors Maheshwari & Co.
  • · Board re-appointed BRM & Co. as Internal Auditors and K V M & Co. as Cost Auditors for FY2026-27.
  • · An exceptional item of ₹1.87 million was reversed in Q4 FY2026 related to Labour Codes liability, reducing the total exceptional charge for FY2026 to ₹4.58 million (from ₹6.45 million recognized in earlier quarters).
  • · Total comprehensive income for FY2026 was ₹1,027.17 million vs ₹923.57 million in FY2025, up 11.2%.
  • · Total borrowings (non-current + current) increased to ₹2,855.28 million as at March 31, 2026 from ₹1,915.43 million a year ago, a rise of 49.1%.
  • · Trade receivables grew 35.3% to ₹2,598.58 million from ₹1,920.13 million, while inventories increased 12.9% to ₹3,868.91 million.
  • · Capital work in progress more than doubled to ₹1,236.74 million from ₹665.40 million, indicating ongoing capacity expansion.
  • · Cash flow from operations improved to ₹1,124.16 million from ₹686.59 million in FY2025.
  • · The company allotted 4,20,000 convertible warrants at ₹1,700 per warrant in April 2024; all were converted into equity shares by December 2025, with none outstanding as of March 31, 2026.
  • · Total dividend for FY2025-26 is ₹1 per share (interim + recommended final of ₹0.50 each).
SWOJAS FOODS LIMITED Merger/Acquisition neutral materiality 2/10

26-05-2026

The filing is a disclosure under SEBI (SAST) Regulations, 2011, specifically Regulation 29(2), for Swojas Foods Limited (BSE: 530217) regarding Rajesh Jhaveri. The filing confirms receipt of the disclosure but provides no details on the transaction structure, deal size, valuation, or strategic rationale. No financial metrics, shareholding changes, or scheduled events are disclosed, limiting the analysis to a regulatory compliance notification.

  • · Filing is a disclosure under Regulation 29(2) of SEBI SAST Regulations, 2011, which typically requires disclosure when a person acquires or ceases to hold shares exceeding specified thresholds (e.g., 5%, 10%, 14%, etc.) or when there is a change in control.
  • · The disclosure is made by Rajesh Jhaveri, but his relationship to the company (promoter, director, or other) is not disclosed.
  • · No details on the number of shares acquired/disposed, price, or resulting shareholding percentage are provided.
Dhabriya Polywood Limited Corporate Governance mixed materiality 7/10

26-05-2026

Dhabriya Polywood Limited's Board approved audited consolidated financial results for Q4 and FY ended March 31, 2026, showing revenue growth of 12.5% YoY for the full year to ₹26,447.85 Lakh. However, Q4 revenue of ₹6,973.64 Lakh was only 6.2% higher than the preceding quarter, indicating a sequential slowdown. The Board recommended a dividend of ₹0.70 per share and appointed/re-appointed auditors.

  • · The Board meeting commenced at 01:00 PM and concluded at 02:20 PM on May 26, 2026.
  • · Recommended dividend of ₹0.70 per equity share (face value ₹10) for FY26, subject to shareholder approval at the AGM.
  • · Appointment of M/s Gaurav Jain & Associates, Cost Accountant, as Cost Auditor for FY 2026-27.
  • · Re-appointment of Mr. Manohar Sharma, Chartered Accountant, as Internal Auditor.
  • · The consolidated results include three subsidiaries: Polywood Profiles Pvt. Ltd., Dynasty Modular Furnitures Pvt. Ltd., and Polywood Green Building Systems Pvt. Ltd.
  • · One subsidiary reported net cash outflow of ₹178.82 Lakh for the year ended March 31, 2026.
  • · The auditor's report is unmodified (clean opinion) for the consolidated financial results.
Grauer & Weil (India) Ltd. Corporate Action neutral materiality 6/10

26-05-2026

Grauer & Weil (India) Ltd. reported audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026 with an unmodified audit opinion. The Board recommended a dividend of ₹0.50 per share (50% of face value) for FY2025-26 and reappointed Mr. Rohitkumar More and Mr. Yogesh Samat as Whole-time Directors for further terms. The company also appointed new cost auditors and internal auditors for FY2026-27.

  • · Board meeting held on 26 May 2026; commenced at 12:15 PM and concluded at 13:30 PM.
  • · Audit report issued by M/s M M Nissim & Co. LLP (Firm Registration No. 107122W) with unmodified opinion on both standalone and consolidated results.
  • · 68th Annual General Meeting proposed to be held on 16 September 2026.
  • · Register of Members and Share Transfer Books will remain closed from 10 September 2026 to 16 September 2026 (both days inclusive) for dividend purposes.
  • · Mr. Rohitkumar More (DIN: 00139797) reappointed as Whole-time Director for 5 years from 1 April 2027 to 31 March 2032; age 53, holds B.E. (Mechanical), holds 130,700 equity shares.
  • · Mr. Yogesh Samat (DIN: 00717877) reappointed as Whole-time Director for 2 years from 1 July 2026 to 30 June 2028; age 62, holds MBA from IIM Bangalore and CFA, holds 13,300 equity shares.
  • · M/s V. J. Talati & Co. appointed as Cost Auditors for FY2026-27 (1 year from 1 April 2026).
  • · M/s SCA & Associates appointed as Internal Auditors for FY2026-27 (1 year from 1 April 2026).
  • · No financial performance figures (revenue, profit, etc.) were disclosed in this filing beyond the audit opinion.

Get daily alerts with 11 investment signals, 9 risk alerts, 8 opportunities and full AI analysis of all 50 filings

Start free trial Browse all digests

₹500/mo after a 14-day free trial — no credit card required. See pricing or explore intelligence streams.

More from: India Stock Market Daily Regulatory Digest

May 24, 2026

India Stock Market Daily Regulatory Digest — May 24, 2026

May 23, 2026

India Stock Market Daily Regulatory Digest — May 23, 2026

May 22, 2026

India Stock Market Daily Regulatory Digest — May 22, 2026

May 21, 2026

India Stock Market Daily Regulatory Digest — May 21, 2026

🇮🇳 More from India

View all →

May 28, 2026

India Pre-Market Regulatory Roundup — May 28, 2026

India Pre-Market Regulatory Roundup

May 28, 2026

India Quarterly Results BSE NSE Announcements — May 28, 2026

India Quarterly Results BSE NSE Announcements

May 28, 2026

India Upcoming Corporate Actions BSE NSE — May 28, 2026

India Upcoming Corporate Actions BSE NSE

May 27, 2026

India Pre-Market Regulatory Roundup — May 27, 2026

India Pre-Market Regulatory Roundup
← All India digests