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.