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NDR Auto Components Limited has scheduled a board meeting for May 11, 2026. The board will consider audited standalone and consolidated financial results for the year ended March 31, 2026, and a proposal for a final dividend. The trading window remains closed until May 13, 2026.
Manappuram Finance announced a major board overhaul following a change in promoter control. Six independent directors resigned, replaced by six new appointments. Key management changes include Dr. Sumitha Nandan becoming Vice-Chairperson and Mr. Buvanesh Tharashankar taking over as CFO, effective May 5, 2026. This reorganization aligns the leadership with the company's new promoter structure.
Spectrum Electrical Industries Limited clarified that recent stock price fluctuations are solely attributable to market conditions and speculation. The company confirmed it has regularly disclosed all material information in accordance with SEBI Regulations and currently has no undisclosed price-sensitive information.
PCCPL delivered robust FY26 results with revenue crossing ₹1,000 Cr, driven by strong growth in PAT and EBITDA margins through product mix optimization and operational efficiencies.
Machhar Industries Limited (BSE: 543934) confirmed it is not identified as a Large Corporate for FY 2026-27. The company reported outstanding borrowings of ₹0.83 Crore as of March 31, 2026, falling below the ₹100 Crore threshold. This regulatory disclosure clarifies the company's borrowing framework under SEBI norms.
Sanlam Life Insurance Limited, a promoter group entity of Shriram Finance Limited, disclosed an encumbrance on 7,784,755 shares (0.33% of total capital) pursuant to a shareholders' agreement with MUFG Bank Ltd. and others. The encumbrance involves transfer restrictions for one year starting April 08, 2026.
Jainco Projects (India) Ltd has scheduled a Board Meeting for May 13, 2026. The meeting will consider the appointment of a Company Secretary and a Compliance Officer.
HCL Infosystems Ltd received a ₹26.35 Crore refund from the Rajasthan VAT Authorities. The refund pertains to a pre-deposit regarding the taxability of batteries sold in composite packs during 2009-10 and 2011-12. This recovery strengthens the company's cash position and resolves a decade-old tax matter.
Mobilise App Lab Limited consolidated its operations into a new 15,000 sq. ft. facility in Gurugram, expanding its footprint by 2.5x. The company commissioned new testing and assembly units, added 22 employees, and appointed Mr. Rahul Mohindra as CTO. These developments aim to support growth and improve operational efficiency.
Vardhman Polytex Limited's promoter group created a pledge and Non-Disposal Undertaking on 10,93,12,020 shares (22.63% stake) in favor of Catalyst Trusteeship Limited. This encumbrance secures debentures worth ₹392.89 Crore issued to Special Situation India Fund. The filing clarifies previous exchange observations regarding share tallying and pending warrant conversions.
LTM Limited has partnered with Uniphore to develop and scale domain-specific AI solutions, combining small language models and AI agents. The collaboration initially targets the BFSI, manufacturing, and media sectors to transform core business processes. LTM will also utilize Uniphore's Business AI Cloud for its internal digital transformation.
NDR Auto Components Ltd has scheduled a Board Meeting on May 11, 2026. The board will consider audited financial results for the year ended March 31, 2026, and recommend a dividend. Consequently, the trading window for company shares is closed until 48 hours after the results are made public.
Cineline India Limited promoters Himanshu Kanakia, Rasesh Kanakia, Hiral Kanakia, and Rupal Kanakia announced the release of 7,12,000 pledged equity shares on April 29, 2026. The shares were previously pledged in favor of Motilal Oswal Financial Services and Sharekhan Limited.
Ricon Commodities Private Limited, part of the promoter group of V2 Retail Limited, pledged 33,50,000 shares (0.91% stake) as collateral for a loan. The pledge was created in favor of Infina Finance (P) Ltd on March 30, 2026.
Deepak Builders & Engineers India Ltd promoter Mr. Deepak Kumar Singal pledged 25,00,000 shares (5.37% of total capital) in favour of Badjate Stock Broking Pvt Ltd. The pledge secures a ₹5.00 Crore loan for personal use. Investors should monitor this encumbrance representing 8.31% of the promoter's holding.
Deepak Builders & Engineers India Ltd promoter Mr. Deepak Kumar Singal pledged 25,00,000 shares (5.37% of total capital) to Badjate Stock Broking Pvt Ltd. The pledge secures a Rs. 5.00 Crore personal loan, resulting in a 4.30:1 security cover ratio.
Eco Recycling Ltd received official eligibility status under the National Critical Minerals Mission (NCMM) from the Ministry of Mines. This recognition enables the company to participate in the incentive scheme for promoting critical mineral recycling. The milestone supports its strategic expansion from e-waste recycling into high-value battery recycling and precious metal recovery.
Mini Diamonds (India) Limited launched a Mother's Day marketing campaign through its subsidiary, Namra Jewels. From May 5 to May 20, 2026, customers at the Mumbai flagship store receive a flat 50% discount on jewellery making charges. The initiative aims to enhance retail engagement and footfalls for its lab-grown diamond jewellery.
Lehar Footwears Limited announced a 5x capacity expansion with a new technology-enabled manufacturing facility in Kundli, Haryana. Scaling from 1 lakh to 5 lakh pairs per month, the unit focuses on high-value sports and athleisure footwear. Operations are expected to commence in Q2FY26, supporting the company's premiumisation strategy and OEM segment growth.
Larsen & Toubro's hydrocarbon business secured a large contract (₹2,500–5,000 Crore) from BCGCL for a Coal-to-Ammonia-Nitrate project in Odisha. The turnkey project involves developing a 2,000 tonnes per day facility. This award supports India's Aatmanirbhar Bharat initiative and reinforces L&T's leadership in the coal gasification and downstream chemicals EPC sector.
Lehar Footwears Limited is setting up a new manufacturing unit in Kundli, Haryana, with an investment of up to ₹25 Crore. The expansion focuses on the athleisure category, adding 5 lakh pairs per month in capacity. Commercial production is scheduled to commence in July 2026, with capacity added in phases starting Q2FY26.
Desco Infratech Ltd reported a 99% YoY revenue increase to ₹118.79 Crore for FY 2025-26. Net profit rose 81% to ₹16.38 Crore, driven by its City Gas Distribution segment. The company also announced the acquisition of SGAEPL and expansion into the UAE market to accelerate future growth and international footprint.
Zydus Lifesciences' subsidiary, Zydus VTEC Limited, received a GST demand and penalty order totaling ₹1.80 Crore for the period September 2020 to March 2023. The issue pertains to alleged inadmissible Input Tax Credit. The company intends to appeal the order and states there is no material financial impact.
De Nora India Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. Prepared by Rakhee Raghunath Malkarnekar, the report confirms the company's adherence to SEBI regulations and statutory provisions with no material non-compliances observed.
Lupin Limited received U.S. FDA approval for Glycerol Phenylbutyrate Oral Liquid, a bioequivalent version of Ravicti. The reference product had annual U.S. sales of approximately ₹3201.50 Crore (USD 337 million) in 2025. The drug is indicated for chronic management of urea cycle disorders, strengthening Lupin's specialty generic portfolio in the U.S. market.
Mahindra Holidays & Resorts India announced that Mr. Vimal Agarwal will step down as CFO on June 30, 2026, to transition into a new role within the Mahindra Group. Mr. Rajiv Vimal, an experienced finance leader from PPG Asian Paints, has been appointed as the new CFO effective July 1, 2026.
Arisinfra Solutions Limited subsidiary, Unitern, has been appointed as the strategic land advisory partner for The Address Maker Group. Unitern will manage the full land transaction lifecycle for expansion across Mumbai and Bengaluru. The mandate covers outright acquisitions, joint developments, and redevelopment projects, leveraging Arisinfra's institutional-grade real estate platform.
Infosys has completed the acquisition of Optimum Healthcare IT, a US-based healthcare digital transformation firm. The deal strengthens Infosys' healthcare consulting capabilities and expands its presence in the provider segment. By integrating Optimum’s expertise with Infosys Topaz and Cobalt, the company aims to deliver AI-powered cloud and data transformation for healthcare providers.
Grasim Industries Ltd granted 28,001 stock options and PSUs to employees on May 4, 2026. Stock options were priced at ₹2,794.50 each, totaling approximately ₹5.23 Crore. The grants feature a three-year vesting schedule and are part of the company's 2022 employee benefit scheme.
South West Pinnacle delivered strong FY26 performance with revenue reaching ₹2,430 Mn and EBITDA margins expanding to 23.99% as the firm transitions into coal production and international mining.