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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.
South West Pinnacle Exploration Limited reported FY26 revenue of ₹243.0 Crore, a 35% YoY increase. Net profit grew 101% YoY to ₹33 Crore. The company achieved its highest-ever revenue and profits, supported by a robust order book of ₹581 Crore and the largest single order win of over ₹307 Crore.
SWPE reports FY26 revenue of ₹2,430 Mn, up 35% YoY, with EBITDA margins expanding to 23.99%. Strategy focuses on CBM production and international mining JVs.
Organic Recycling Systems Limited (ORSL) has partnered with General Carbon Advisory Services to expand into sustainability and CBAM advisory. The collaboration leverages ORSL's industrial presence and General Carbon's technical expertise to support Indian exporters with carbon reporting and compliance. This move diversifies ORSL's portfolio beyond waste management into high-value sustainability consulting.
Cigniti Technologies Limited has successfully completed its amalgamation with Coforge Limited, effective May 05, 2026. The company stands dissolved without winding up, with an appointed date of April 1, 2025. Coforge will determine a record date for cancelling Cigniti shares and issuing new equity shares per the approved swap ratio.
Coforge Limited announced the successful completion of its amalgamation with Cigniti Technologies Limited after filing the NCLT order with the Registrar of Companies. The scheme became effective with an appointed date of April 1, 2025. The Board will meet on May 5, 2026, to fix the record date for share cancellation and new equity issuance.
Quess Corp Limited announced a leadership transition where Mr. Anish Thurthi is appointed as an Additional Non-Executive Director effective June 1, 2026. Simultaneously, Mr. Chandran Ratnaswami resigned from the board effective May 31, 2026, to facilitate a transition to younger leadership.
Quess Corp Limited's board has declared an interim dividend of ₹3 per share and recommended a final dividend of ₹3 per share for FY 2025-26. The record date for the interim dividend is May 8, 2026, with payment expected by May 21, 2026. Dates for the final dividend will be announced later.
Clean Max Enviro Energy Solutions Limited is selling 2,600 shares of its wholly owned subsidiary, Clean Max Yuhdul Private Limited, to TATA Communications Limited for INR 26,000. The transaction is expected to be completed by June 30, 2026. The subsidiary was recently incorporated and has not contributed to the parent's revenue.
Quess Corp Limited has authorized Mr. Lohit Bhatia (CEO) and Mr. Neeraj Jain (CFO) to determine the materiality of information or events under SEBI regulations, effective June 01, 2026. This administrative update ensures compliance with listing obligations.
Asarfi Hospital Limited has scheduled a Board Meeting for May 11, 2026, to approve audited financial results for the year ended March 31, 2026. The company also announced a trading window closure from April 1 to May 31, 2026, for designated persons.