Latest announcements

Desco Infratech Results Update

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.

Value

₹118.8 Cr

Zydus Lifesciences Legal & Regulatory

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.

Value

₹1.80 Cr

De Nora India Other Announcement

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 Regulatory Approval

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.

Value

₹3,202 Cr

Mahindra Holidays & Resorts India Management Change

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 Partnership

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 Acquisition

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 Employee Stock Options

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.

Value

₹5.23 Cr

Execution

3 years

South West Pinnacle Exploration Earnings Call: Key Takeaways

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 Results Update

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.

Value

₹243.0 Cr

South West Pinnacle Exploration Earnings Call: Key Takeaways

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 Partnership

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 Acquisition

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 Acquisition

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 Management Change

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 Dividend

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 Merger & Restructuring

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.

Execution

On or before 30 June 2026

Quess Corp Other Announcement

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 Board Meeting Date

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.

Veefin Solutions Legal & Regulatory

Veefin Solutions Ltd reported that arbitration proceedings have been initiated by certain shareholders of its step-down subsidiary, Epikindifi Software and Solutions. The dispute concerns a February 2025 shareholders' agreement. The matter is currently at a preliminary stage with no adverse orders passed, and management expects no material impact on business operations.

MPS Employee Stock Options

MPS Limited has approved the 5th grant of 79,009 employee stock options with a total value of ₹13.1 Crore. Options will vest equally over four years and have an exercise price of ₹1,657.70 per share. This initiative aims to align employee interests with shareholder value creation.

Value

₹13.10 Cr

Execution

Vesting over 4 years; exercise period of 5 years from vesting

Poonawalla Fincorp Employee Stock Options

Poonawalla Fincorp Limited granted 21,25,000 stock options to eligible employees at an exercise price of Rs. 418.60 per share, totaling approximately ₹88.95 Crore. This grant, under ESOP-2024 Scheme-II, aims to align employee interests with long-term shareholder value.

Value

₹88.95 Cr

Rane Holdings Legal & Regulatory

Rane Holdings subsidiary, RSSL, obtained a stay order from the Madras High Court against an Income Tax Department assessment. The court set aside the prior order and remitted the case back for fresh adjudication. Previously, a penalty of ₹3.63 Crore had been levied under the Income Tax Act.

Value

₹3.63 Cr

Quess Corp Earnings Call: Key Takeaways

Quess Corp reported strong Q4 FY26 performance with 6% YoY revenue growth and 28% EBITDA growth, hitting a record 2.2% margin.

Quess Corp Results Update

Quess Corp reported FY26 EBITDA of ₹312 crore, up 19% YoY, with revenues reaching ₹15,305 crore. The Board declared a total dividend of ₹6 per share, including a special interim dividend. Growth was driven by strong performances in Professional Staffing and Overseas Business segments, particularly in the Middle East and Southeast Asia.

Value

₹312.0 Cr

Indian Emulsifiers Annual General Meeting

Indian Emulsifiers Limited announced the successful passage of a postal ballot resolution to increase its authorised share capital and amend its Memorandum of Association. The resolution was passed with a 99.64% majority on May 01, 2026. The company submitted the required voting results and scrutinizer's report to the exchange.

ACME Solar Holdings Legal & Regulatory

ACME Solar Holdings announced that its subsidiary's appeal regarding ₹7.82 Crore in disallowed customs duty and GST claims has been admitted by the Appellate Tribunal for Electricity. The appeal challenges a November 2025 order by the Rajasthan Electricity Regulatory Commission.

Value

₹7.82 Cr

Quess Corp Q4 FY26 Results: Turns Profitable, Net Profit ₹64.3 Cr

Quess Corp Ltd reported revenue from operations of ₹3,892 Cr (+6.5% YoY) and net profit of ₹64.3 Cr for Q4 FY26.

Key figure

Net profit ₹64.3 Cr

Quess Corp Financial Results

Quess Corp approved FY26 audited results and declared a total dividend of ₹6 per share (special interim and final), aggregating ₹89.60 Crore. The company also appointed Mr. Anish Thurthi as Director while Mr. Chandran Ratnaswami resigned. Operations showed steady performance with consolidated revenue of ₹15,305 Crore for the fiscal year.

Value

₹0.90 Cr

Cholamandalam Investment & Finance Company Earnings Call: Key Takeaways

Chola reported 25% disbursement growth and 21% AUM growth for Q4FY26. Profitability improved with NIMs up 40bps, despite a ₹200cr precautionary management overlay for global uncertainties.