E2E Networks approved incorporating two wholly-owned subsidiaries in India and USA with a ₹0.39 Crore total investment. The expansion targets GPU infrastructure and international markets.
Veluben Velji Keriya acquired 1,98,80,000 equity shares in Gemstone Investments Ltd through warrant conversion. This acquisition represents a 4.24% post-issue diluted equity stake for the acquirer.
Harshbeena Sahney Zaveri released 11,22,580 shares from pledge on May 12, 2026. This reduces total promoter encumbrances to 31.64%, strengthening the company's equity position.
Promoter Trilochan Singh Sahney Trust 1 sold 15,00,362 shares of NRB Bearings via the open market. Separately, the trust released a pledge over 18,83,448 equity shares.
Hindalco's Q3FY26 consolidated EBITDA rose 6% YoY to ₹8,762 crores. Reported PAT fell 45% due to Oswego plant fire impacts, but adjusted PAT grew 8% YoY.
PCBL Chemical Limited successfully utilized ₹448 Crore raised through warrant conversions. Funds were deployed for debt repayment, working capital, and general corporate purposes.
Promoter Peterhouse Investments Limited sold 1,30,656 shares of Usha Martin Limited via the open market. This transaction reduced the promoter's holding to 1.02%.
Mr. Apurva S. Diwanji ceased to be an Independent Director at Zydus Lifesciences following his tenure completion. The change was effective from May 12, 2026.
CreditAccess Grameen reported Q4 FY26 PAT of INR 340 Cr (up 6x YoY) with 14% AUM growth. The company is pivoting towards a rural-focused inclusive finance platform via 'Project Shakti'.
Bajaj Finance Limited allotted secured non-convertible debentures aggregating to ₹1822 Crore. The debt issuance strengthens the company's capital base for lending operations.
Schaeffler India partnered with IISC Bengaluru to establish a high-performance computational research facility. This collaboration strengthens the company's long-term research and innovation capabilities.
Sakar Healthcare reported FY26 revenue of ₹251.74 Crore, a 42% YoY increase. EBITDA rose 39% to ₹68.89 Crore, driven by strong oncology product performance.
Mobavenue launched its PrsmX AI-powered advertising platform in the Philippines market. This expansion strengthens its international footprint and full-funnel marketing presence across Southeast Asia.
TAC InfoSec's subsidiary launched Cyberscan AI, an automated smart contract security scanner. The product aims to accelerate global client acquisition and revenue within three quarters.
CARE Ratings upgraded Sammaan Capital Limited's credit rating by two notches to AA+/Stable. The upgrade reflects strengthening capital position and IHC’s strategic support.
The Income Tax Department concluded search and seizure operations at KEI Industries' premises. Management reports full cooperation, with no quantifiable financial impact determined yet.
Black Box Limited completed the 100% acquisition of Brazilian solutions integrator 2S Inovações Tecnológicas. The acquisition became effective on May 1, 2026.
Ratnaveer Precision Engineering appointed Mr. Kashyap Shah as a Non-Executive Independent Director for five years. His legal and compliance expertise strengthens the board's governance.
Spacenet Enterprises issued a postal ballot notice seeking approval for capital increases and potential security issuances. Shareholders will also vote on MoA alterations and director appointments.
JM Financial Asset Reconstruction Company Ltd reported revenue from operations of ₹79.4 Cr (+53.0% YoY) and net profit of ₹18.7 Cr (+22.2% YoY) for Q4 FY26.