Board Meeting Outcome

Avi Polymers Board Meeting Outcome

AVI Polymers Ltd approved the acquisition of a 90% stake in JVTR Consultants Private Limited at an indicative valuation of ₹500 Crore via share swap. The company is also pivoting into the technology sector, amending its Memorandum of Association to include IT and software development services.

Value

₹500.0 Cr

Harmony Capital Services Board Meeting Outcome

Harmony Capital Services Ltd appointed Ms. Khyati Mishra as Company Secretary and Compliance Officer (KMP) effective May 7, 2026. The appointment was approved during a board meeting concluded today. This regulatory change ensures compliance with SEBI listing requirements and strengthens the company's senior management team.

TAC Infosec Board Meeting Outcome

TAC Infosec Limited's board approved the appointment of Mr. Hector Hugo Balderas as an Independent Director for three years and M/s Chandrasekaran Associates as Secretarial Auditors for FY 2025-26. Additionally, the board accepted the resignation of Independent Director Mr. Sanjiv Swarup due to statutory limits on directorships.

Execution

3 years

CESC Board Meeting Outcome

CESC Limited's Board approved the continuation of Mr. Paras Kumar Chowdhary as a Non-Executive Independent Director beyond the age of 75, effective October 1, 2026. This decision, recommended by the Nomination and Remuneration Committee, is subject to shareholder approval at the upcoming Annual General Meeting.

Tanfac Industries Board Meeting Outcome

TANFAC Industries Limited approved the appointment of Dr. L. Ravichandran as Whole-time Director for two years and Dr. Ajay Kumar Singh as an Independent Director for five years, effective May 06, 2026. These leadership appointments aim to strengthen the board and operations, subject to shareholder approval.

Execution

2 years and 5 years

eMudhra Board Meeting Outcome

eMudhra Limited's board approved the re-appointment of Independent Directors Chandra Lakshminarayan Iyer and Chandrasekar Padmanabhan for five-month terms. Additionally, M/s. CNGSN & Associates LLP was re-appointed as Internal Auditor.

Execution

5 months

Brigade Enterprises Board Meeting Outcome

Brigade Enterprises Limited announced a 1:3 bonus share issue and recommended a final dividend of ₹2 per equity share. The bonus issue requires capitalizing ₹81.54 Crore from free reserves. Bonus shares are expected to be credited by July 5, 2026, subject to shareholder approval at the upcoming Annual General Meeting.

Value

₹81.54 Cr

Manaksia Coated Metals & Industries Board Meeting Outcome

Manaksia Coated Metals & Industries Limited held a board meeting on May 6, 2026. The board approved the re-appointment of Mr. Venkata Srinarayana Addanki as Executive Director for 36 months. Additionally, Audittech 360 Financial Services and S Chhaparia & Associates were appointed as Internal and Cost Auditors, respectively, for 12-month terms.

Execution

36 months

Falcon Technoprojects India Board Meeting Outcome

Falcon Technoprojects India Limited cancelled its Rs 21.43 Crore rights issue after failing to meet the mandatory 90% minimum subscription threshold. The company is initiating the refund and unblocking process for ASBA accounts via its RTA, KFin Technologies Limited.

Value

₹21.43 Cr

Panasonic Carbon India Co Board Meeting Outcome

Panasonic Carbon India's board approved FY26 audited financial results and recommended a 120% dividend (Rs. 12/share). Key updates include shifting the registered office, appointing new internal/tax/secretarial auditors, and recommending Mr. Prasad Vadlapatla as an Independent Director effective June 30, 2026.

Parle Industries Board Meeting Outcome

Parle Industries Ltd announced the resignation of Mr. Bharat Kumar Bohra as Company Secretary effective May 06, 2026. Simultaneously, the Board appointed Ms. Rajshree V. Chimbaikar as the new Company Secretary and Compliance Officer. These leadership changes were approved during the board meeting concluded today.

Rane (Madras) Board Meeting Outcome

Rane (Madras) Limited announced board decisions regarding directorate changes. Mr. Ramesh Rajan Natarajan was re-appointed as an Independent Director for 60 months, and Mr. Ganesh Lakshminarayanan was re-appointed as a Non-Executive Director. Additionally, Mr. Pradip Kumar Bishnoi will complete his tenure as an Independent Director on July 1, 2026.

Akme Fintrade (India) Board Meeting Outcome

Akme Fintrade (India) Limited appointed Mr. Kamlesh Jain as Executive Director for a five-year term and Ms. Latika Jain as Internal Auditor. Mr. Jain brings over a decade of experience in commercial vehicle lending, while Ms. Latika Jain is a Chartered Accountant specializing in financial compliance.

Execution

60 months

Accord Synergy Board Meeting Outcome

Accord Synergy Limited's board approved a ₹1.69 Crore preferential issue to Dr. Faruk Patel and noted an SPA where promoters will sell a 40% stake for ₹5.59 Crore. This transaction triggers a mandatory open offer and will result in joint control by the acquirers and existing promoters.

Value

₹7.28 Cr

Kabra Drugs Board Meeting Outcome

Kabra Drugs Limited approved expansion into generic branded formulations and entry into AI-driven defence manufacturing. The company will establish a dedicated AI & Defence R&D facility in Chennai and initiate SCOMET licensing. Additionally, the Board revised the postal ballot schedule, with e-voting set for May 12 to June 10, 2026.

Bajaj Auto Board Meeting Outcome

Bajaj Auto Limited's Board approved the re-designation and appointment of Mr. Rakesh Sharma as Joint Managing Director. His term begins June 1, 2026, and extends through March 31, 2029. Sharma, who has 19 years with the company, will oversee business responsibilities, Digital & IT, and Legal functions, reporting to MD Rajiv Bajaj.

Execution

01 June 2026 till 31 March 2029

Omega Interactive Technologies Board Meeting Outcome

Omega Interactive Technologies Ltd held a board meeting on May 06, 2026, approving the appointment of Mr. Shailesh Shripal Awale as Managing Director. The appointment is for a five-year tenure, effective immediately, subject to shareholder approval.

Execution

5 years

Panth Infinity Board Meeting Outcome

Panth Infinity Limited's board approved the preferential issue of 5.5 crore fully convertible equity warrants to various investors. The board also regularized the appointment of Mr. Rahilahmed Jafarbhai Shaikh as Managing Director and several other executive and independent directors for five-year terms. These actions aim to raise capital and strengthen corporate leadership.

Mardia Samyoung Capillary Tubes Company Board Meeting Outcome

Mardia Samyoung Capillary Tubes Company Ltd's board approved the appointment of Mr. Ramesh Sharma and Ms. Geetika Garg as Independent Directors. Simultaneously, Ms. Sonalben Vaghela and Mr. Jaykumar Patel resigned from the board. These changes led to the reconstitution of the Audit, Nomination & Remuneration, and Stakeholder Relationship committees effective May 6, 2026.

Spacenet Enterprises India Board Meeting Outcome

Spacenet Enterprises India Limited board approved a ₹200 Crore fund raise via QIP or other instruments. It also recommended increasing authorized share capital to ₹100 Crore and amending the company's object clause to include real estate and renewable energy sectors. Additionally, Mr. Deenadayal Tripurasetty was appointed as an Independent Director.

Value

₹200.0 Cr

United Polyfab Gujarat Board Meeting Outcome

United Polyfab Gujarat Limited held a board meeting on May 6, 2026, approving the appointment of three new Non-Executive Independent Directors for five-year terms. The board also reconstituted its Audit, Nomination and Remuneration, and Stakeholders Relationship committees to align with these new appointments.

Execution

5 years

On Door Concepts Board Meeting Outcome

On Door Concepts Limited approved a revised preferential issue of 19.75 lakh equity shares at Rs. 156 each, aggregating to ₹30.81 Crore. The board also noted changes in issue prices for convertible warrants and revised the allottee list due to the ineligibility of one proposed subscriber.

Value

₹30.81 Cr

Mittal Life Style Board Meeting Outcome

Mittal Life Style Limited's board approved the allotment of 99,225 equity shares via preferential issue to Ms. Priya Chidurala. The allotment, valued at ₹0.02 Crore (Rs. 1,78,605), increases the company's paid-up capital to ₹44.40 Crore. The issue follows an in-principle approval from the NSE.

Value

₹0.02 Cr

PB Fintech Board Meeting Outcome

PB Fintech approved FY26 financial results, reporting a 115% YoY PAT growth to ₹670 Crore. The board also authorized a ₹5 Crore capital investment into its wholly-owned subsidiary, PB Marketing and Consulting Private Limited, to support business expansion.

Value

₹5.00 Cr

KPI Green Energy Board Meeting Outcome

KPI Green Energy Limited held a board meeting on May 6, 2026, approving the appointment of M/s. RHA & Co. as Internal Auditors and M/s. V.M. Patel & Associates as Cost Auditors for a 12-month term. These appointments ensure continued regulatory compliance and robust internal financial oversight for the company.

Execution

12 months

Cinevista Board Meeting Outcome

Cinevista Ltd's Board approved the audited standalone and consolidated financial results for FY2026. The 29th AGM is scheduled for June 30, 2026, at Jashn Studios, Mumbai. Additionally, the Board approved the Annual Secretarial Compliance Report and the closure of share transfer books from June 23 to June 30, 2026.

DJS Stock & Shares Board Meeting Outcome

DJS Stock & Shares Ltd approved the voluntary surrender of its trading memberships across BSE, NSE, MSEI, and CSE. The board also approved changing the company's name and altering its main object clause, subject to shareholder approval. These decisions mark a significant shift in the company's business direction.

Kanchi Karpooram Board Meeting Outcome

Kanchi Karpooram Limited's Board approved the alteration of the Object Clause in its Memorandum of Association. The change is subject to shareholder approval via postal ballot. The company fixed May 12, 2026, as the cut-off date for eligibility to vote through remote e-voting.

Harig Crankshafts Board Meeting Outcome

Harig Crankshafts Ltd withdrew its in-principal approval for the proposed amalgamation of Ayushman Infratech Limited with the company. The decision was taken during a board meeting held on May 6, 2026. This cancels the merger process initially considered in March 2026.

Garware Hi-Tech Films Board Meeting Outcome

Garware Hi-Tech Films approved the appointment of Ms. Sonali Rajesh Mehta as an Independent Director for one year effective June 25, 2026. Additionally, the Board approved the re-appointment of Ms. Monika Garware as Vice-Chairperson and Joint Managing Director for a five-year term starting November 01, 2026, subject to shareholder approval.