Fiberweb (India) reported FY2026 audited financial results and revised its expansion strategy. The company will now invest ₹50 Crore in manufacturing nonwoven felted products using recycled materials.
Borana Weaves reported annual revenue of ₹388.59 Crore for FY26. The Board also re-appointed cost and internal auditors for the upcoming 2026-27 financial year.
Franklin Industries scheduled a board meeting for May 19, 2026. Directors will consider and approve audited financial results for the 2026 fiscal year.
Patel Integrated Logistics reports strong Q4 FY26 results with PAT rising 60% YoY to INR 2.98cr, driven by a focus on high-margin air freight and operational efficiency.
GMR Power and Urban Infra Limited reported full utilization of ₹900 Crore proceeds raised through preferential issues. The funds were deployed for debt repayment and investments.
Indian Hume Pipe reported FY26 total revenue of ₹1350.39 Crore. The Board recommended a total dividend of ₹5 per share, celebrating its 100th anniversary.
Captain Polyplast commenced production at its new 70,000 sq. ft. Ahmedabad facility. The plant enables backward integration and significantly expands micro-irrigation manufacturing capacity.
Sheela Foam approved the appointment of three Independent Directors and re-appointed four senior directors. These leadership updates aim to strengthen corporate governance and management stability.
Jaihind Industries incorporated a new 78% owned subsidiary, Wellness & Medicial Oasisz Private Limited. This ₹0.0078 Crore investment marks an entry into the healthcare sector.
PNG Jewellers (544256) reports strong FY26 performance with 42.8% SSSG and a total store count reaching 78. Strategy focuses on pan-India expansion and scaling the 'LiteStyle' sub-brand.
Cyient Limited granted 1,20,035 stock options and RSUs to associates under its 2020 and 2023 plans. This move aims to align employee interests with long-term performance.
Comfort Fincap reported FY26 financial results and recommended a final dividend of Rs. 0.10 per share. Net profit for the standalone year reached ₹749.00 Lakhs.
Cohance Lifesciences issued a postal ballot notice for appointing Mr. Umang Vohra as Chairman and CEO. Shareholders will also vote on a new ESOP 2026 plan.
Sheela Foam Ltd reported standalone annual total income of ₹3,002.59 Crore. The board recommended a final dividend of ₹1 per equity share for FY2025-26.
Mahindra & Mahindra transferred 68,019 equity shares to employees via its Stock Option Trust. This follows the exercise of options under the company's ESOP scheme.
Larsen & Toubro released its Integrated Annual Report for FY 2025-26 and convened its 81st AGM for June 5, 2026. The report highlights strategic growth and ESG commitments.
Voltas reported a 1.7% YoY Q4 revenue increase with a progressive recovery in cooling, despite sharp declines in net profit and margins due to commodity inflation and currency volatility.
Deccan Gold Mines Limited approved its audited standalone and consolidated financial results for fiscal 2026. The board also re-appointed M/s. GHS Gupta & Co as internal auditors.
StarlinePS Enterprises Limited granted a Rs. 20 Crore loan to Celloraa Energy Private Limited. This unsecured financial assistance carries a 9% annual interest rate.
CARE Ratings assigned a CARE A1+ rating to Indus Infra Trust's proposed ₹1,000 Crore Commercial Paper issuance. This top-tier rating reflects high creditworthiness and liquidity.
Aviva Industries reported nil deviation in the utilization of ₹44.88 Crore raised through preferential issues. All funds were deployed for working capital requirements as intended.
International Gemological Institute Fund Raise of ₹1,410 Cr
International Gemological Institute Ltd reported 100% utilization of its ₹1,409.74 Crore net IPO proceeds. ICRA confirmed no deviations from the objects stated in the prospectus.
Gala Precision Engineering reported consolidated annual total income of ₹319.93 Crore and profit of ₹35.45 Crore. Audited results reflect steady growth and an unmodified auditor's opinion.
Hindustan Construction Company Board Meeting Outcome
Hindustan Construction Company approved raising up to ₹800 Crore through equity-linked securities. The board also increased the authorized share capital to ₹400 Crore.