Latest announcements

Manappuram Finance Board Meeting Outcome

Manappuram Finance announced a major leadership overhaul. The board appointed four Independent Directors (including former RBI and CIBIL executives) and two Bain Capital partners as Non-Independent Directors. Key redesignations include Sumitha Nandan as Vice-Chairperson and Buvanesh Tharashankar as CFO, strengthening the company's governance and executive framework.

Gallantt Ispat Management Change

Gallantt Ispat Limited announced a board reshuffle effective May 05, 2026. Independent Directors Mrs. Smita Modi and Mr. Pankaj Khanna resigned due to personal reasons. Simultaneously, Mr. Sanjay Kumar Jain and Mr. Kishore Pariyar were appointed as Non-Executive Independent Directors for a two-year term, subject to shareholder approval.

Execution

2 years

Ugro Capital Management Change

UGRO Capital announced a leadership change effective May 5, 2026. Mr. Satyabrata Mohapatra, previously Head of Operations & Customer Service, has been appointed as Chief Operations Officer. He replaces Mr. Sharad Agarwal, who resigned as Chief Operations & Technology Officer to pursue alternate career opportunities.

Sammaan Capital Debt & Borrowing: ₹428.2 Cr

Sammaan Capital Limited successfully completed a cash tender offer to repurchase US$45 million (approx. ₹428.21 Crore) of its 7.5% Senior Secured Social Bonds due 2030. Following the settlement on May 5, 2026, the aggregate principal amount of these bonds remaining outstanding is US$405 million.

Value

₹428.2 Cr

Gallantt Ispat Dividend

Gallantt Ispat Ltd recommended a final dividend of 20% (Rs. 2.00 per share) for FY 2025-26. Most promoter group shareholders have voluntarily waived their right to receive this dividend to support ongoing expansion. The dividend is subject to shareholder approval and will be paid within 30 days of declaration.

Execution

30 days

Zen Technologies Product Launch

Zen Technologies launched India's first AI-powered, modular anti-drone system at the North Tech Symposium 2026. The indigenous platform offers vehicle-mounted, man-portable, and fixed configurations for detecting and neutralizing hostile drones. This launch underscores the company's focus on self-reliance and advanced defense technology for evolving battlefield threats.

Digikore Studios Annual General Meeting

Digikore Studios Limited announced that all five resolutions proposed at its Extraordinary General Meeting on May 1, 2026, were passed with requisite majority. Resolutions included increasing authorized share capital, altering Articles of Association, and approving a preferential equity issue to a promoter. The voting was conducted via remote e-voting with 100% favor for all polled votes.

Gallantt Ispat Q4 FY26 Results: Net Profit ₹122.8 Cr, Up 5.6% YoY

Gallantt Ispat Ltd reported revenue from operations of ₹1,205 Cr (+12.4% YoY) and net profit of ₹122.8 Cr (+5.6% YoY) for Q4 FY26.

Key figure

Net profit ₹122.8 Cr · +5.6% YoY

Gallantt Ispat Financial Results

Gallantt Ispat Ltd reported audited consolidated annual total income of ₹4,478.52 Crore for FY26. The board recommended a 20% final dividend (₹2 per share). Key leadership changes include the resignations of independent directors Smita Modi and Pankaj Khanna, and the appointment of Sanjay Kumar Jain and Kishore Pariyar to the board.

Value

₹4,479 Cr

DCW Earnings Call: Key Takeaways

DCW Ltd reported FY26 revenue of INR 21,436 Mn, up 7.2% YoY, with EBITDA growing 14.7% to INR 2,216 Mn. Strategy focuses on shifting towards high-margin Specialty Chemicals.

Mahindra EPC Irrigation Annual General Meeting

Mahindra EPC Irrigation Limited convened its 44th AGM for May 29, 2026. Key agenda items include adopting FY26 financials, re-appointing auditors, and seeking approval for material related party transactions worth ₹150.00 Crore with Mahindra & Mahindra Limited for FY27.

Value

₹150.0 Cr

Execution

2026-04-01 to 2027-03-31

Sun Pharmaceutical Industries Acquisition Worth ₹11,162 Cr

Sun Pharma announced the acquisition of Organon & Company for an enterprise value of $11.75 billion (approx. ₹1,11,625 Crore). The deal expands Sun's footprint in women's health and biosimilars across 140 countries, including a significant entry into China. The transaction is expected to close in six to nine months and be EPS accretive from the first year.

Value

₹11,162 Cr

Execution

6 to 9 months

Sun Pharmaceutical Industries Earnings Call: Key Takeaways

Sun Pharma announces the acquisition of Organon & Company for $11.75bn Enterprise Value ($14/share), targeting leadership in women's health and a major expansion in China.

Mahindra EPC Irrigation Annual General Meeting

Mahindra EPC Irrigation Limited has issued a notice for its 44th Annual General Meeting scheduled for May 29, 2026. The meeting will consider the adoption of financial statements for FY 2025-26, where the company reported sales of ₹312.09 Crore. Key agenda items include the re-appointment of the Managing Director and statutory auditors.

Dixon Technologies (India) Board Meeting Date

Dixon Technologies (India) Limited has scheduled a Board meeting on May 12, 2026, to consider audited financial results for the year ended March 2026 and recommend a final dividend. The trading window for designated persons remains closed until May 14, 2026.

Lloyds Metals & Energy Merger & Restructuring Worth ₹2.56 Cr

Lloyds Metals and Energy Limited is incorporating a new step-down subsidiary, Lloyds Panguna Metals and Energy Limited, for ₹2.56 Crore. The entity will serve as a dedicated vehicle for mining agreements regarding the Panguna Mine in Papua New Guinea. The incorporation is expected to be completed by June 2026.

Value

₹2.56 Cr

Execution

Expected to complete by end of June, 2026

Onward Technologies Earnings Call: Key Takeaways

Onward Technologies delivered its strongest year with record revenue of ₹550cr and 13.2% margins. Management is pivoting from mechanical to digital/AI engineering to sustain double-digit growth.

Elpro International Board Meeting Date

Elpro International Limited has scheduled a Board Meeting for May 8, 2026, to consider a proposal for voluntary delisting. The company's trading window will remain closed from May 6 to May 10, 2026, in accordance with SEBI PIT Regulations.

Anya Polytech & Fertilizers Management Change

Anya Polytech & Fertilizers Limited has appointed M/s. Anju Panday & Associates as Secretarial Auditor for a 12-month term effective May 5, 2026. The firm is a registered practicing company secretary with expertise in secretarial audits and regulatory compliance.

Execution

12 months

Lloyds Metals & Energy Management Change

Lloyds Metals and Energy Limited has re-appointed Mr. Ramesh Luharuka and Ms. Seema Saini as Non-Executive Independent Directors for five-year terms effective from October 2026 and March 2027 respectively. The decisions were approved during the board meeting held on May 5, 2026.

Execution

60 months

Clean Max Enviro Energy Solutions Board Meeting Date

Clean Max Enviro Energy Solutions Limited has scheduled a board meeting for May 12, 2026. The board will consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window remains closed until 48 hours after the results declaration.

Integrated Personnel Services Fund Raise

Integrated Personnel Services Limited has allotted 1,606,500 equity shares to 13 investors through a preferential issue. This increases the company's paid-up share capital from ₹8.61 Crore to ₹10.21 Crore.

Axis Bank Employee Stock Options

Axis Bank Limited allotted 3,55,074 equity shares on May 5, 2026, following the exercise of options under its ESOP/ESPS scheme. This increased the bank's paid-up share capital from ₹621.72 Crore to ₹621.79 Crore.

Axis Bank Employee Stock Options

Axis Bank Limited allotted 3,55,074 equity shares on May 5, 2026, following the exercise of employee stock options (ESOP). Consequently, the bank's paid-up share capital increased from ₹621.72 Crore to ₹621.79 Crore.

Lloyds Metals & Energy Dividend

Lloyds Metals And Energy Limited has recommended a final dividend of ₹1 per equity share for the financial year 2025-26. The record date and general meeting date for shareholder approval will be announced later. This declaration follows the board meeting held on May 5, 2026.

Venky's (India) Board Meeting Date

Venky's (India) Limited has scheduled a Board Meeting for May 14, 2026. The board will consider audited standalone financial results for the year ended March 31, 2026, and recommend a final dividend. The trading window remains closed until May 16, 2026.

Kriti Nutrients Board Meeting Outcome

Kriti Nutrients Limited's board approved the re-appointment of Mr. Shiv Singh Mehta as Managing Director for 36 months starting January 2027. Additionally, Mr. Saurabh Singh Mehta was redesignated as Joint Managing Director for a 36-month term effective May 5, 2026. These leadership appointments aim to ensure management continuity and strategic stability.

Lloyds Metals & Energy Debt & Borrowing: ₹2,500 Cr

Lloyds Metals And Energy Limited has approved the issuance of 2,50,000 debt securities totaling ₹2,500 Crore. The instruments have a tenure of 10 years and are proposed to be listed on the BSE or NSE. This fundraise aims to strengthen the company's capital structure.

Value

₹2,500 Cr

Execution

10 years

Axis Bank Employee Stock Options

Axis Bank Limited allotted 3,55,074 equity shares on May 5, 2026, following the exercise of ESOP and RSU options. Consequently, the Bank's paid-up share capital increased to ₹621.79 Crore. This routine allotment reflects employee incentive participation.

Elpro International Legal & Regulatory

Elpro International Ltd received a closure letter from the Central GST Department regarding previously initiated investigations. The closure followed a reversal of Input Tax Credit worth ₹0.14 Crore. The company stated there is no material impact on its financials or business operations.

Value

₹0.14 Cr