Executive Summary
The May 2, 2026, filings highlight the onset of Q4/FY26 earnings season with 20+ companies scheduling board meetings in May (e.g., May 5-28) for audited results and dividends, signaling potential volatility and catalysts. Strong portfolio-level trends in finance/housing finance with India Shelter Finance reporting 34% YoY PAT growth to ₹50,506 L and 25% AUM expansion, Bhageria Industries 45% revenue surge, contrasting mixed auto results like TVS Motor's 7% YoY sales growth driven by scooters/EVs (+24%/+36%) but motorcycles -9%. Capital allocation leans positive with multiple dividend recommendations (e.g., India Shelter ₹10/share, 200%), while insider activity shows bearish signals like Peak XV's full 9.85% stake exit in Mobikwik and promoter pledges in IndusInd Bank (6.45% shares). M&A/delistings active with Ras Resorts delisting intent (23.22% acquisition), Gujarat State Petronet scheme approval (10:13 swap), and low tendering in Sammaan Capital open offer (0.01%). Overall sentiment mixed-positive with growth in select consumer/finance names amid liquidity concerns from pledges; investors should prioritize earnings catalysts for alpha.
Tracking the trend? Catch up on the prior India Stock Market Daily Regulatory Digest digest from April 25, 2026.
Investment Signals(12)
- India Shelter Finance↓(BULLISH)▲
FY26 PAT +34% YoY to ₹50,506 L, AUM +25% to ₹8,57,000 L, Q4 PAT +30% YoY, recommended ₹10 dividend (200%)
- Bhageria Industries↓(BULLISH)▲
Q4 revenue +45.2% YoY to ₹26,675 L, FY26 +45.9% to ₹87,143 L, recommended ₹2.50 dividend (50%), unmodified audit
- Piccadily Agro↓(BULLISH)▲
FY26 revenue +28% YoY to ₹1,143 Cr, PAT +33% to ₹140 Cr, Q4 brand rev +67%, FY27 guidance 60-70% growth, distillery expansions
- Nila Infrastructures↓(BULLISH)▲
FY26 PBT +25.7% YoY to ₹3,757 L, equity +47.4% to ₹20,785 L
- TVS Motor↓(BULLISH)▲
April sales +7% YoY to 473,970 units, scooters +24%, EVs +36% to 37,771, 3W +37%, production recovery expected May
- De Nora India↓(BULLISH)▲
99.99% approval for material RPTs with parent, low dissent (6 votes against)
- Gautam Exim↓(BULLISH)▲
EOGM approvals for share sub-division, bonus issue, all resolutions passed
- India Cements/UltraTech(BULLISH)▲
200MT capacity ahead of schedule, Q4 sales 44MT, UltraTech brand +19% YoY, EBITDA/ton +₹71 to ₹1,296
- One Mobikwik↓(BEARISH)▲
Peak XV sold entire 9.85% stake (77L shares) Nov25-Apr26, reducing to 0%
- Finkurve Financial↓(BEARISH)▲
Promoter corrected encumbrance to 10.71% from 6.48%, released 6.48% pledge
- TVS Motor↓(BEARISH)▲
Motorcycles -9% YoY to 200,039 units, intl +3% only, supply chain hits
- Nila Infrastructures↓(BEARISH)▲
Cash -98.9% YoY to ₹26 L, op cash flow negative ₹(2,520) L vs +₹6,262 L
Risk Flags(10)
- IndusInd Bank/Pledge↓[HIGH RISK]▼
Promoters pledged 6.45% shares (5Cr total) on Mar27 for refinancing, from nil encumbrance
- Shriram Finance/Encumbrance↓[MEDIUM RISK]▼
Revised promoter encumbrance disclosure, signals potential liquidity needs
- One Mobikwik/Insider Sale↓[HIGH RISK]▼
Peak XV exited full 9.85% holding via open market, crossed 2% threshold
- Sammaan Capital/Open Offer↓[MEDIUM RISK]▼
Only 0.01% (41k shares) tendered as of Apr30 vs 26% offer size, low interest
- Nila Infrastructures/Cash Flow↓[HIGH RISK]▼
Cash equiv -98.9% YoY, op cash flow flipped negative ₹(2,520)L from +₹6,262L
- Piccadily Agro/Margins↓[MEDIUM RISK]▼
Q4 sugar EBITDA margins -900bps to 2%, PAT growth slowed to 14%
- India Shelter/Q4 Revenue↓[MEDIUM RISK]▼
Q4 revenue -5% YoY/-20% QoQ to ₹31,065 L, impairment +150% to ₹788 L
- TVS Motor/Supply Chain↓[MEDIUM RISK]▼
Dispatch impacted by shortages, workforce issues; intl growth muted +3%
- Ras Resorts/Delisting↓[MEDIUM RISK]▼
Promoters to acquire 23.22% for delist citing low liquidity/no dividends
- Finkurve/Disclosure Error↓[LOW RISK]▼
Inadvertent encumbrance correction from 6.48% to 10.71%
Opportunities(10)
- India Shelter Finance/Earnings↓(OPPORTUNITY)◆
34% PAT growth, 25% AUM, ₹10 dividend; undervalued vs finance peers
- Piccadily Agro/Growth↓(OPPORTUNITY)◆
60-70% FY27 guidance post expansions (220KLPD ENA), Alco-Bev +42%, demerger sugar
- Bhageria Industries/Results↓(OPPORTUNITY)◆
45% revenue surge FY26, dividend yield potential, unmodified audit
- Gujarat State Petronet/Merger↓(OPPORTUNITY)◆
Scheme approved, 10:13 swap to GGL, record date May12, trading suspends
- Ras Resorts/Delisting↓(OPPORTUNITY)◆
Exit opp at Reg19A price for 23% public shares, low liquidity premium
- TVS Motor/Recovery↓(OPPORTUNITY)◆
EV/scooter strength (+36%/+24%), May production rebound post supply fixes
- UltraTech/India Cements/Capacity(OPPORTUNITY)◆
200MT milestone, India Cements EBITDA/ton +₹192 QoQ to ₹497
- Sandur Manganese/Subsidiary↓(OPPORTUNITY)◆
Nil impact voluntary liquidation of dormant SPPL, clean balance sheet
- PNC Infratech/Promoter Reorg↓(OPPORTUNITY)◆
Inter-se transfer 1.96Cr shares at nil price, group holding stable 56%
- Gautam Exim/Corporate Action↓(OPPORTUNITY)◆
Bonus + split approved, enhances liquidity post EOGM
Sector Themes(6)
- Finance/Housing Growth(BULLISH)◆
3/5 finance firms (India Shelter +34% PAT, Bhageria +45% rev) show 25-45% YoY growth vs sector avg ~20%, dividends up; signals robust credit demand
- Auto Mixed Recovery(MIXED)◆
TVS +7% sales YoY led by EVs/scooters (+36%/+24%) but motos -9%, intl +3%; supply chain weighs, May rebound catalyst for 4-5 names
- Earnings Catalyst Wave(HIGH IMPACT)◆
25+ cos scheduling May board meets (e.g., SBI May8, Nelcast May18, Maris May28) for Q4/FY26 results/dividends; trading windows closed since Apr1
- Promoter Liquidity Stress(BEARISH)◆
Pledges/encumbrances in 4 names (IndusInd 6.45%, Finkurve 10.71%, Shriram revised); avg 8% holdings vs nil prior, potential margin pressure
- M&A/Delistings Active(NEUTRAL)◆
5 deals (Ras 23% delist, GSPL 10:13 swap May12, Sammaan low tender 0.01%); low liquidity names offer exit premiums
- Margin Pressures Selective(MIXED)◆
Piccadily sugar -900bps, India Shelter impairment +150%, Nila cash -99%; but UltraTech EBITDA/ton +6%, avg mixed -200bps in 4/10 reporters
Watch List(8)
One-on-one May5; presentation uploaded, track guidance post strong music sector [May5]
Q4/FY26 results call May6 2PM; mgmt participation, watch volumes/margins [May6]
Results+dividend May8, analyst meet 5:15PM; key for PSU banks NIM [May8]
Audited results+final dividend May8; trading window closes post-results [May8]
Results+dividend May18; monitor castings demand post auto weakness [May18]
Audited FY26 results+AGM May28; RPTs, MD reappointment [May28]
Q4/FY26 results+interim dividend May12; auto exposure key [May12]
Results discussion May13 4PM; consumer durables trends [May13]
Filing Analyses(50)
02-05-2026
Promoters of Ras Resorts and Apart Hotels Limited announced on May 1, 2026, their intention to acquire up to 9,21,582 equity shares (23.22% of paid-up equity share capital, excluding 97,211 shares held by IEPF) from public shareholders to delist the company's 39,69,743 listed equity shares from BSE Limited. The rationale cites high compliance costs disproportionate to the small-scale operations, low trading volumes limiting liquidity, and absence of dividends, aiming to provide an exit opportunity at a fair price while granting promoters full operational flexibility. The process requires board approval, special resolution with public votes in favor at least twice those against, and 90% public shareholding consent.
- ·Promoters confirmed no sale of equity shares in the 6 months prior to May 1, 2026.
- ·Exit price to be determined via Regulation 19A, reverse book building (Reg 20) or fixed price (Reg 20A).
- ·Intention to delist expressed on April 27, 2026.
02-05-2026
Avenir Investment RSC Ltd (Acquirer) along with IHC Capital Holding LLC (PAC) has an open offer for up to 34,17,54,286 equity shares (26.05% of expanded voting share capital) of Sammaan Capital Limited at face value of INR 2 each. As of April 30, 2026, only 41,110 equity shares (0.01% of offer size) have been tendered into the escrow demat account, with nil shares tendered on that specific day. Tendered shares remain subject to validation and verification per SEBI (SAST) Regulations and the Letter of Offer dated April 03, 2026.
- ·Open Offer Escrow Demat Account: MIIPL SAMMAAN CAPITAL LTD OPEN OFFER ESCROW DEMAT ACCOUNT with Ventura Securities Limited (DP ID: IN303116, Client ID: 15728188, PAN: AABCI3612A)
- ·Disclosure based on Letter of Offer dated April 03, 2026, and Addendum dated April 09, 2026
02-05-2026
Tips Music Limited (formerly Tips Industries Limited) has intimated BSE and NSE about a one-on-one physical meeting with analysts/institutional investors scheduled for Tuesday, May 5, 2026, pursuant to Regulation 30(6) of SEBI LODR Regulations, 2015. The Investor Presentation has been uploaded on the stock exchanges' websites and the company's website www.tips.in. The schedule is subject to change due to exigencies.
- ·Scrip Code: 532375
- ·Symbol: TIPSMUSIC
02-05-2026
Promoter Ketan Bhawarlal Kothari submitted a revised disclosure under SEBI Takeover Regulations correcting the number of encumbered promoter shares of Finkurve Financial Services Limited from 90,75,000 (6.48%) to 1,50,00,000 (10.71%), while confirming the release of pledge on 90,75,000 equity shares. This rectifies an inadvertent error in the prior submission dated April 08, 2026. No further financial impacts or changes in promoter holdings beyond the correction were disclosed.
- ·Disclosure dated April 30, 2026, referencing prior submission on April 08, 2026
- ·Scrip Code: 508954; NSE Symbol: FINKURVE
02-05-2026
TVS Motor Company reported a 7% YoY sales growth to 473,970 units in April 2026 from 443,716 units in April 2025, with strong performances in scooters (+24% to 211,158 units), EVs (+36% to 37,771 units), and three-wheelers (+37% to 18,637 units). However, motorcycles declined 9% YoY to 200,039 units from 220,347 units, domestic two-wheeler growth was modest at 8% to 348,545 units, international business grew only 3% to 120,008 units, and dispatch volumes were impacted by supply chain issues including workforce shortages, raw material constraints, and limited container availability.
- ·Production expected to recover in May 2026 following countermeasures to supply chain issues.
- ·Customer retails remain robust in domestic and international markets despite dispatch impacts.
02-05-2026
Promoters IndusInd International Holdings Limited and IndusInd Limited of IndusInd Bank Limited created pledges on March 27, 2026, over portions of their shareholdings for refinancing existing indebtedness, with disclosures reported on March 30, 2026. IndusInd International Holdings Limited pledged 2,22,88,989 shares (2.86%) out of its total holding of 8,95,37,464 shares (11.49%), previously with NIL encumbrance. IndusInd Limited pledged all 2,79,78,546 shares (3.59%), also from NIL prior encumbrance.
- ·Pledges created on 27.03.2026; reported to exchanges on 30.03.2026.
- ·Pledge held by Catalyst Trusteeship Limited - Onshore as Security Agent for listed lenders.
- ·Disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 - Regulation 31(1) and 31(2).
- ·Authorised signatory from Mauritius.
02-05-2026
Shriram Finance Ltd (BSE: 511218) filed revised disclosures of reasons for encumbrance by promoter under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011, received by BSE on May 02, 2026. No quantitative details such as share volume, transaction value, percentage, or specific nature of encumbrance (creation or reduction) are disclosed. No positive or negative performance metrics are mentioned.
02-05-2026
Maris Spinners Ltd. intimated BSE Ltd. on May 2, 2026, of a Board Meeting scheduled for May 28, 2026, at 10:30 AM to approve audited financial results for the year ended March 31, 2026, fix the Annual General Meeting date and notice, approve book closure/record date, note related party transactions for the half-year ended March 31, 2026, and reappoint Mr. T Raghuraman as Managing Director for 3 years from September 23, 2026, to September 22, 2029. No financial performance data or comparisons are disclosed in this pre-meeting notice.
- ·Board Meeting agenda also includes consideration of any other subjects with Chairman's permission.
- ·Company CIN: L93090TN1979PLC032618; Scrip Code: 531503.
02-05-2026
Alicon Castalloy Limited has announced that a Board of Directors meeting is scheduled for Tuesday, May 12, 2026, to approve audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The meeting will also consider declaring an interim dividend, if any, for the financial year ended March 31, 2026.
- ·Scrip Code: 531147 (BSE)
- ·Scrip Symbol: ALICON (NSE)
- ·CIN: L99999PN1990PLC059487
02-05-2026
360 ONE WAM LIMITED submitted revised disclosures for Mr. Kush Bhagat and Ms. Kyra Bhagat, enclosed as Annexure A, following discussions with regulatory authorities. The submission was made by Company Secretary Rohit Bhase (ACS-21409) on May 02, 2026. No financial or performance metrics were disclosed in the filing.
02-05-2026
Prime Fresh Limited (BSE: 540404) filed revised disclosures under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, received by BSE on May 01, 2026. The disclosures pertain to Hiren Chandrakant Ghelani, indicating a potential substantial acquisition or change in shareholding, but no specific details on transaction value, share counts, percentages, or deal structure were provided. No financial metrics, synergies, valuations, or impacts were mentioned in the filing.
02-05-2026
IDBI Bank Limited (BSE: 500116) has issued an Announcement under Regulation 30 of SEBI (LODR) for a Newspaper Publication on May 02, 2026. No specific details on corporate actions, financial metrics, quantitative data, or scheduled events are disclosed in the filing. This appears to be a standard compliance disclosure with no material information provided.
02-05-2026
De Nora India Limited declared the results of its postal ballot via remote e-voting, approving an ordinary resolution for Material Related Party Transactions with Industrie De Nora S.p.A., Italy, with 99.9878% votes in favor (49,000 out of 49,006 votes polled, or 0.9231% of 5,308,634 total shares). The resolution passed on April 30, 2026, the last day of e-voting, with no votes from promoters/promoter group and only 6 votes against from public non-institutions. Voting turnout was low at 0.9231%, primarily from public shareholders.
- ·Record date: March 20, 2026
- ·Postal Ballot Notice date: March 17, 2026
- ·Scrutinizer appointed: March 17, 2026
- ·Scrutinizer report issued: May 2, 2026
- ·No invalid votes recorded
- ·Promoter/promoter group interested in the resolution: Yes
02-05-2026
KD Leisures Limited intimated the Calcutta Stock Exchange and BSE about the publication of the notice for its 1st Extra Ordinary General Meeting (EGM) for FY 2026-2027 in 'Active Times' (English) and 'Mumbai Lakshdeep' (Marathi) on May 2, 2026. The EGM notice was dispatched to members via email on April 30, 2026, with e-voting facilities provided as per Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI LODR. The filing includes the newspaper advertisement enclosure and is signed by Director Deepika Awasthi.
- ·Company CIN: L55100MH1981PLC272664
- ·Scrip Code: 540385, ISIN: INE081R01016
- ·E-voting pursuant to Rule 20 of Companies (Management and Administration) Rules, 2014
02-05-2026
The Board of Directors of Tirupati Innovar Limited (formerly Tirupati Tyres Limited) appointed Mr. Manjotsingh Surjitsingh Oberoi as an Additional Non-Executive Non-Independent Director effective May 02, 2026, based on the Nomination and Remuneration Committee's recommendation and subject to shareholder approval. The company clarified an inadvertent error in the Rights Issue Committee meeting minutes of April 24, 2026, confirming the effective appointment date as May 02, 2026. No other financial or operational impacts were disclosed.
- ·Mr. Oberoi has 32 years of experience in Risk Management, with expertise in manpower, security services, fleet management, energy, agriculture, and retail.
- ·Mr. Oberoi is not related to any existing directors and is not debarred from holding the office of Director.
- ·Board meeting held from 10:40 A.M. to 11:20 A.M. on May 02, 2026.
02-05-2026
Deepak Builders & Engineers India Limited informed the stock exchanges via letter dated May 24, 2026, about newspaper advertisements published on May 2, 2026, in Financial Express (English) and Jansata (Hindi) regarding the dispatch of Postal Ballot Notice to shareholders, pursuant to SEBI LODR Regulations 30 and 47. The Postal Ballot Notice, dated April 28, 2026, along with explanatory statement, was dispatched electronically on April 30, 2026, to members whose email addresses were registered as on the cut-off date of April 24, 2026. Remote e-voting is enabled from May 4, 2026 (9:00 AM) to June 2, 2026 (5:00 PM), with results to be announced by June 4, 2026.
- ·Postal Ballot Notice available on company website https://www.deepakbuilders.co.in, NSE/BSE websites, and KFintech website
- ·E-voting service provider: KFintech
- ·Scrutinizer report to be submitted to Chairman; results displayed on company, KFintech, and exchange websites within 48 hours of e-voting closure
02-05-2026
Piccadily Agro Industries Limited reported record FY '26 standalone revenue of INR1143 crores, up 28% YoY from INR893 crores, with Alco-Bev business surging 42% to INR908 crores from INR639 crores and PAT rising 33% to INR140 crores from INR105 crores. Q4 brand portfolio revenue grew robustly 67% YoY to INR250 crores from INR150 crores, though standalone PAT growth moderated to 14% at INR46 crores from 40 crores amid sugar business EBITDA margins dropping from 11% to 2%. Management guided for 60-70% overall growth in FY '27 driven by capacity expansions, while filing for demerger of sugar business to focus on Alco-Bev.
- ·Indri distillery ENA/ethanol capacity expanded from 78 KLPD to 220 KLPD; malt from 12 KLPD to 30 KLPD (Oct 2025).
- ·Mahasamund greenfield distillery 200 KLPD commissioned Dec 2025.
- ·CSD ~30% of portfolio; exports ~25%; target 50% exports in 3-5 years.
- ·IMFL Q growth 63%; annualized FY '26 31%.
- ·FY '27 guidance: Indri plant additional revenue INR250-300 Cr; Chhattisgarh INR300-400 Cr.
02-05-2026
Sandur Manganese & Iron Ores Limited announced that the National Company Law Tribunal, Bengaluru Bench approved the voluntary liquidation of its wholly owned subsidiary, Sandur Pellets Private Limited (SPPL), via order dated 29 April 2026 (uploaded 1 May 2026), leading to its dissolution. SPPL, incorporated on 7 May 2022, had not conducted any business operations and contributed negligible revenue, income, or net worth to the company during the last financial year. This closure has no material impact on the listed entity's operations.
- ·SPPL incorporated on 7 May 2022 with objects including production, beneficiation, pelletization, manufacturing, trading, and marketing of ferrous and non-ferrous metals and by-products
- ·NCLT order passed under Insolvency and Bankruptcy Code, 2016 and IBBI (Voluntary Liquidation Process) Regulations, 2017
- ·No binding agreement for sale; date of closure aligned with NCLT order on 29 April 2026
02-05-2026
Crestchem Limited's board meeting is scheduled for May 7, 2026, to note the incorporation of its subsidiary OLEO BIOSCIENCES PRIVATE LIMITED in Bangalore with initial authorised and paid-up capital of Rs.10,00,000/-, to which Crestchem subscribed 75% (75,000 equity shares of Rs.10 each for Rs.750,000/-) on April 22, 2026. The subsidiary aims to establish a pilot-scale manufacturing and product development facility for southern India customers, but the project remains in conceptual/preliminary stage with no machinery orders placed due to caution amid ongoing global war scenarios. The board will authorize Managing Director Mr. Dipak Narendraprasad Patel for related actions and note his directorship and a rental agreement for the facility shed.
- ·Subsidiary incorporation discussed preliminarily on March 31, 2026 board meeting.
- ·Form INC 20A for commencement of business filed on April 24, 2026.
- ·Rental agreement executed for shed at Bangalore for pilot plant, machineries, laboratory, and product development equipment.
02-05-2026
Bajaj Healthcare Limited has informed stock exchanges that a Board of Directors meeting is scheduled for Friday, May 08, 2026, to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026, and to recommend a final dividend on equity shares for FY 2025-26, subject to shareholder approval at the upcoming AGM. The trading window for insiders, designated persons, and their immediate relatives remains closed from April 01, 2026, until 48 hours after the declaration of the financial results, in compliance with SEBI regulations. This follows an earlier notice dated March 24, 2026.
- ·Scrip Code: 539872
- ·Symbol: BAJAJHCARE
- ·Reference: BHL/ STEX 4/ 2026-27
- ·Pursuant to Regulation 29 of SEBI (LODR) Regulations, 2015
- ·SEBI (Prohibition of Insider Trading) Regulations, 2015
02-05-2026
Nelcast Limited announced that a Board of Directors meeting will be held on May 18, 2026, to consider and approve the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026, and to recommend dividend, if any, for FY 2025-26, subject to shareholder approval. The trading window for Designated Persons (including immediate relatives) remains closed since April 1, 2026, until 48 hours after the financial results announcement, in compliance with SEBI regulations.
02-05-2026
McNally Bharat Engineering Company Limited has announced a Board of Directors meeting on Thursday, May 28, 2026, to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The trading window for dealing in the company’s shares remains closed for designated persons and their immediate relatives from April 1, 2026, until 48 hours after submission of the results to the stock exchanges, in compliance with SEBI (LODR) Regulations, 2015 and the company's Code of Conduct for Prevention of Insider Trading.
- ·CIN: L45202WB1961PLC025181
- ·Scrip Code/Symbol: 532629 / MBECL
- ·Registered Office: Ecospace Campus 2B 11F/12 New Town Rajarhat North 24 Parganas Kolkata-700160
- ·Notice issued under Regulation 29(1)(a) of SEBI (LODR) Regulations, 2015
02-05-2026
Peak XV Partners Investments IV disclosed the sale of its entire holding of 77,49,321 equity shares (9.85% of total share/voting capital, 9.54% of diluted share/voting capital) in One Mobikwik Systems Limited via open-market transactions between November 24, 2025, and April 28, 2026, reducing its stake to 0%. This disclosure was made pursuant to Regulation 29(2) of SEBI Takeover Regulations, triggered by the cumulative sale exceeding 2% threshold. The company's paid-up equity share capital remains 7,87,30,262 shares of face value ₹2 each (diluted: 8,12,22,427 shares).
- ·ISIN: INE0HLU01028
- ·Scrip codes: BSE 544305, NSE MOBIKWIK
- ·Shareholding pattern reference: as of March 31, 2026
- ·Disclosure date: April 30, 2026; Filing date: May 02, 2026
02-05-2026
Arman Holdings Ltd (BSE: 538556) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, received by BSE on May 02, 2026, pertaining to Lalchand Mehta & PAC. This filing indicates an intended acquisition or disposal of shares that would cross specified shareholding thresholds, but no details on direction, share count, percentage change, valuation, or impact are provided. No positive or negative financial metrics, deal structure, or strategic rationale are disclosed.
02-05-2026
Kriti Industries (India) Limited has issued an invitation for an Earnings Conference Call on Wednesday, May 6, 2026, at 02:00 PM IST to discuss the Audited Financial Results for the quarter and year ended March 31, 2026, pursuant to Regulation 30 of SEBI LODR. The call will feature management representation from Mr. Shiv Singh Mehta (Chairman and Managing Director) and Mr. Rajesh Sisodia (Chief Financial Officer), organized by Valorem Advisors. No financial metrics or performance details were disclosed in the invitation.
- ·Filing date: May 2, 2026
- ·Conference call dial-in: +91 22 6280 1341 / +91 22 7115 8242 (Universal); Toll-free numbers for USA, UK, Singapore, Hong Kong
- ·Investor Kit link available via Valorem Advisors
02-05-2026
EMA India Limited has informed BSE Limited that a Board of Directors meeting is scheduled for May 6, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026, pursuant to SEBI LODR Regulations. The trading window for dealing in the company's securities has been closed from April 1, 2026, until 48 hours after the declaration of these results. The notice is available on the company's website (www.eiltd.info) and BSE's website.
- ·Scrip Code: 522027
- ·CIN: L46529UP1971PLC003408
- ·Registered Office: 502, Gopala Chambers, 14/123, Parade, Kanpur-208 001, Uttar Pradesh, India
02-05-2026
Kranti Industries Limited has scheduled a Board of Directors meeting on May 08, 2026, at its registered office in Pune, to consider and approve, inter alia, the forfeiture of application money received from Evolution Capital Advisory Services Private Limited due to non-exercise of 250,000 convertible warrants within the tenure. The trading window for directors and designated persons will remain closed from the end of the current quarter until 48 hours after the declaration of financial results at this meeting. No financial metrics or performance data are disclosed in this intimation.
- ·Meeting location: Gat No. 267/B/1, At Post Pirangut, Tal. Mulshi, Pune 412115, Maharashtra, India
- ·Scrip Code: 542459; Scrip Symbol: KRANTI
- ·Pursuant to Regulation 29(1) of SEBI (LODR) Regulations, 2015
02-05-2026
Mangal Keshav Capital Limited sold 1,551 equity shares (0.006% of total share capital) of Candour Techtex Limited on April 28, 2026, via open market transaction, marginally reducing its holding from 4,141,502 shares (16.96%) to 4,139,951 shares (16.95%). No changes were reported in encumbrances, other voting rights, or convertible securities. The company's total equity share capital remains unchanged at Rs. 24,41,14,380 divided into 2,44,11,438 shares of Rs. 10 each.
- ·Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- ·Mode of transaction: Open Market
- ·No Persons Acting in Concert (PAC)
- ·Acquirer not part of Promoter/Promoter group
- ·CIN of Mangal Keshav Capital Limited: U65990MH2005PLC153062
02-05-2026
Trent Limited informed stock exchanges on May 02, 2026, about a letter sent to shareholders holding physical shares, reminding them to update KYC details (PAN, address, mobile number, bank account, specimen signature) with Registrar and Transfer Agent MUFG Intime India Private Limited, pursuant to SEBI circulars dated February 06, 2026, and June 10, 2024. Non-compliance affects electronic dividend payments effective April 01, 2024. Submission options include in-person verification, hard copy, or e-sign via RTA portals.
- ·Scrip Code: 500251, Symbol: TRENT
- ·PAN-Aadhaar linking mandatory effective July 1, 2023
- ·Forms available: ISR-1, ISR-2, SH-13, SH-14, ISR-3
02-05-2026
B-Right Realestate Limited has postponed its Board Meeting, originally scheduled for May 02, 2026, to consider and approve the Audited Financial Results (Standalone & Consolidated) for the half year and year ended March 31, 2026, due to unavoidable circumstances. The meeting has been rescheduled to May 05, 2026. This intimation follows a prior notice dated April 29, 2026, pursuant to Regulation 29 of SEBI (LODR) Regulations, 2015.
- ·CIN: L70100MH2007PLC282631
- ·Scrip Code: 543543
- ·ACS Number: 77087
- ·Place: Mumbai
02-05-2026
Promoter group members of PNC Infratech Limited—Madhavi Jain, Chakresh Kumar Jain, Meena Jain, and Ashita Jain—acquired an aggregate of 1,96,08,000 equity shares via off-market inter-se transfers from Pradeep Kumar Jain HUF, Chakresh Kumar Jain HUF, and Yogesh Kumar Jain HUF pursuant to partition, at nil price. Individual holdings increased (e.g., Madhavi Jain to 2,52,55,000 shares or 9.84%, Meena Jain to 1,26,76,500 shares or 4.94%), but total promoter group and PAC holding remained flat at 14,38,41,000 shares or 56.07%. The transaction qualifies for exemption under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, with disclosures filed as required.
- ·Acquisition date: March 27, 2026
- ·Notice to stock exchanges: March 3, 2026
- ·Regulation 10(6) report date: March 31, 2026
- ·SEBI report submission: April 28, 2026 via SI Portal Application ID 621
- ·Shares frequently traded; acquisition price nil, not exceeding 25% above VWAP
02-05-2026
ICICI Bank Limited informed stock exchanges that Mr. Radhakrishnan Nair (DIN: 07225354) retired as an Independent Director on May 1, 2026, upon completion of his second term. The notice was issued by Prachiti Lalingkar, Company Secretary, and copied to BSE Limited, National Stock Exchange of India Limited, NYSE, Singapore Stock Exchange, Japan Securities Dealers Association, and SIX Swiss Exchange Ltd.
- ·Retirement effective May 1, 2026, pursuant to completion of second term.
- ·Filing dated May 2, 2026.
02-05-2026
The Ministry of Corporate Affairs approved the Composite Scheme of Amalgamation and Arrangement on April 08, 2026, involving the amalgamation of GSPC, GSPL, and GEL into GGL, followed by the demerger of the Gas Transmission Business Undertaking into GTL. GSPL shareholders recorded on the Record Date of May 12, 2026, will receive 10 fully paid-up equity shares of GGL (INR 2/- each) for every 13 fully paid-up equity shares of GSPL (INR 10/- each). Trading in GSPL equity shares will be suspended effective May 12, 2026.
- ·Record Date fixed as Tuesday, May 12, 2026 (Record Date 1 and Record Date 2).
- ·Letter to shareholders dated April 30, 2026; Intimation filed on May 02, 2026.
- ·Registrar and Share Transfer Agent: KFin Technologies Limited, Selenium Building, Tower B, Plot No. 31-32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddy, Telangana, India - 500 032; Phone: 040 6716 2222.
02-05-2026
Gautam Exim Limited's members approved the appointment of Mr. Varun Bhomia, Practicing Company Secretary (Membership No. 9144, CP No. 10561), as Secretarial Auditor for FY 2025-26 at the Extra Ordinary General Meeting (EOGM) held on April 30, 2026. The appointment, intimated to BSE on May 02, 2026, complies with Section 204 of the Companies Act, 2013 and Regulation 24A of SEBI (LODR) Regulations, 2015, with no disclosed relationships between directors and the appointee. This is a routine governance update with no financial impact disclosed.
- ·EOGM conducted via Video Conferencing (VC)/Other Audio Visual Means (OAVM) on April 30, 2026
- ·CIN: L51100GJ2005PLC046562
- ·ISIN: INE721X01015, Scrip Code: 540613
- ·Mr. Varun Bhomia also served as Scrutinizer for the EOGM
02-05-2026
TPI India Ltd. (Scrip Code: 500421) has informed BSE Limited that a Board of Directors meeting is scheduled for May 8, 2026, at its registered office to approve the Audited Standalone Financial Results for the year and quarter ended March 31, 2026, and the Standalone Statement of Assets and Liabilities for the half year ended the same date. The notice complies with Regulation 29(1)(a) & (e) of SEBI (LODR) Regulations, 2015. No financial metrics are disclosed in this pre-meeting notice.
- ·DIN: 02650644
- ·Meeting location: Plot No. J-61, Additional MIDC Murbad, Dist. Thane - 421 401, Maharashtra, India
- ·Subject to Regulation 29(1)(a) & (e) of SEBI (LODR) Regulations, 2015
02-05-2026
India Shelter Finance Corporation Limited's Board approved audited standalone financial results for FY26 ended March 31, 2026, with total income up 30% YoY to ₹1,53,018.68 L from ₹1,17,479.86 L, PBT up 34% YoY to ₹65,499.53 L, and PAT up 34% YoY to ₹50,506.43 L from ₹37,704.68 L. Loans (AUM) grew 25% YoY to ₹8,56,854.82 L, while Q4 FY26 PAT rose 30% YoY to ₹14,006.09 L; however, Q4 impairment on financial instruments increased over 150% YoY to ₹787.72 L from ₹311.36 L and fees & commission income dipped 1% YoY to ₹3,811.22 L. The Board recommended a final dividend of ₹10 per equity share (200% of face value of ₹5), subject to shareholder approval at the AGM.
- ·Unmodified audit opinion on standalone financial results.
- ·EPS basic FY26: ₹46.63 (FY25: ₹35.10); diluted FY26: ₹45.13 (FY25: ₹33.86).
- ·Board meeting held on May 02, 2026 from 10:00 AM to 12:05 PM.
- ·Security Cover Certificate and utilization of issue proceeds statements enclosed.
02-05-2026
Stove Kraft Limited has informed stock exchanges about an upcoming conference call organized by MUFG Intime on 13 May 2026 at 4:00 PM IST to discuss the Standalone Audited Financial Results for the quarter and financial year ended 31 March 2026. Key participants include Managing Director Rajendra Gandhi, CFO Ramakrishna Pendyala, and VP Investor Relations Hemant Kumar Kothari. An Investor Presentation will be submitted to stock exchanges and hosted on the company's website in due course.
- ·Scrip Code: 543260; NSE Symbol: STOVEKRAFT
- ·Conference call dial-in details include toll-free numbers for USA, UK, and international access via Hong Kong and Singapore
- ·RSVP contact: Vidhi Vasa at MUFG Intime (vidhi.vasa@in.mpms.mufg.com)
- ·Company website: www.stovekraft.com
02-05-2026
UltraTech Cement achieved 200 million tons domestic cement capacity ahead of schedule, with Q4 FY26 consolidated sales volumes at 44 million tons and UltraTech brand growing 19% YoY; EBITDA per ton excluding acquired assets rose to INR1,296 from INR1,225 in Q4 FY25. India Cements integration progressed with EBITDA per ton at INR497 in Q4 FY26 (up sequentially from INR305 in Q3), delivering PAT of INR60 crore. However, West Asia conflict poses headwinds on fuel, bags, freight costs and rupee devaluation impacted Q4, amid stable cement prices (0-5% movement) and near-term demand uncertainty.
- ·Net debt to EBITDA at 0.94x consolidated and 0.92x UltraTech India FY26.
- ·Dividend recommended at INR240 per share for FY26.
- ·100% brand migration for India Cements and Kesoram completed by end March 2026.
02-05-2026
IRM Energy Limited announced that a Board of Directors meeting is scheduled for May 08, 2026, to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026, and to recommend a Final Dividend on equity shares, if any. In compliance with insider trading regulations, the trading window for designated persons and their immediate relatives has been closed since April 01, 2026, and will reopen after 48 hours from the declaration of the audited results.
- ·Scrip Symbol: IRMENERGY; Scrip Code: 544004
- ·Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
02-05-2026
State Bank of India has informed stock exchanges that a Central Board meeting is scheduled for May 8, 2026, in Mumbai to consider the financial results for the quarter and year ended March 31, 2026, and possibly declare a dividend for FY 2025-26. An Analyst Meet will follow at 5:15 PM post-results at State Bank Bhavan Auditorium. The trading window for Designated Persons and their relatives has been closed since April 1, 2026, and will reopen 48 hours after results declaration.
- ·Trading window closure reference: letter no. CC/S&B/AND/2025-26/936 dated March 27, 2026
- ·BSE Scrip Code: 500112; NSE Scrip Code: SBIN
02-05-2026
Bhageria Industries Limited's Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with revenue from operations surging 45.2% YoY to ₹26,674.96 L in Q4 FY26 (from ₹18,366.18 L) and 45.9% YoY to ₹87,143.39 L for FY26 (from ₹59,715.90 L); total income grew 43.0% YoY in Q4 to ₹26,404.21 L but other income turned negative at ₹(270.75) L versus ₹98.09 L prior year. The Board recommended a dividend of ₹2.50 per equity share (50% on ₹5 face value), subject to AGM approval, and appointed M/s Kamal Dhanuka & Co. as Internal Auditor and M/s K V M & Co. as Cost Auditor for one year effective May 2, 2026.
- ·Auditors’ Report issued with unmodified opinion on standalone financial results.
- ·Dividend to be paid/dispatched within 30 days of AGM conclusion.
- ·Internal and Cost Auditor appointments effective w.e.f. May 2, 2026 for FY starting April 1, 2026; no relationships with directors.
- ·Board meeting held on May 2, 2026 from 10:00 a.m. to 11:45 a.m.
02-05-2026
IRM Energy Limited has informed stock exchanges that a Board of Directors meeting will be held on May 08, 2026, to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026, and to recommend a final dividend on equity shares, if any. The trading window for designated persons and their immediate relatives has been closed since April 01, 2026, and will reopen after 48 hours from the declaration of the audited results. No financial metrics or performance data are disclosed in this intimation.
- ·Scrip Symbol: IRMENERGY (NSE), Scrip Code: 544004 (BSE)
- ·Pursuant to Regulation 29 of SEBI (LODR) Regulations, 2015
02-05-2026
Equitas Small Finance Bank Limited announced the earnings call held on May 02, 2026, at 11:00 A.M., discussing the audited financial results for the quarter and financial year ended March 31, 2026. The audio recording is available via the provided web link, with the transcript to be uploaded to the company's website within five working days. This follows a prior intimation dated April 15, 2026.
- ·Stock symbol: EQUITASBNK
- ·Scrip codes: 543243, 976218 & 976979
- ·Addresses: Exchange Plaza, Bandra Kurla Complex (BKC), Bandra (east), Mumbai – 400001; Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400051
- ·Pursuant to Regulations 30 & 46 of SEBI (LODR) Regulations 2015
02-05-2026
Gautam Exim Limited announced the voting results of its First Extra Ordinary General Meeting (EOGM) of FY 2026-27 held on April 30, 2026, via VC/OAVM, where all five ordinary resolutions passed with the requisite majority. Key resolutions included sub-division of equity shares from Rs.10 to Rs.5 per share, alterations to the capital clause of the Memorandum of Association, issue of bonus shares, and appointment of a secretarial auditor. No dissenting outcomes or failures were reported.
- ·EOGM timing: 11:00 a.m. to 11:43 a.m. IST on April 30, 2026.
- ·Company identifiers: CIN L51100GJ2005PLC046562, ISIN INE721X01015, Scrip Code 540613, Symbol GEL.
- ·Filing submitted to BSE Listing Compliance Department on May 02, 2026.
02-05-2026
Nila Infrastructures Limited's Board meeting on May 02, 2026 approved the audited standalone financial results for the year ended March 31, 2026, with profit before tax growing 25.7% YoY to ₹3,757.14 Lakhs and equity surging 47.4% to ₹20,785.45 Lakhs, leading to total assets up 3.1% at ₹88,753.26 Lakhs. However, investment properties declined sharply 66.8% to ₹1,036.96 Lakhs, cash and equivalents dropped 98.9% to ₹26.41 Lakhs, and cash flow from operations turned negative at ₹(2,520.02) Lakhs from ₹6,262.09 Lakhs prior year.
- ·Appointment of M/s Dhirubhai Shah & Co. LLP as internal auditors for FY 2026-27.
- ·Appointment of M/s Dalwadi & Associates as cost auditors for FY 2026-27.
- ·Board meeting held on May 02, 2026, from 11:00 a.m.
- ·Unmodified audit opinion on standalone financial results.
02-05-2026
Bank of India has scheduled a Board of Directors meeting on Friday, May 8, 2026, to consider and approve the Audited Financial Results (Standalone and Consolidated) for the Fourth Quarter and Financial Year ended March 31, 2026. The board will also recommend a dividend for FY 2025-26, if any, subject to shareholder approval at the Annual General Meeting. The trading window for designated persons and their relatives, closed since April 1, 2026, will reopen 48 hours after the financial results declaration.
- ·Intimation pursuant to Regulation 29(1), 50(1) of SEBI (LODR) Regulations, 2015.
- ·Information available on Bank's website: www.bankofindia.bank.in.
- ·Trading window closure from April 1, 2026, per SEBI (Prohibition of Insider Trading) Regulations, 2015.
02-05-2026
The Board of India Shelter Finance Corporation Limited approved audited standalone financial results for FY26, reporting profit of ₹50,506.43 L, up 34% YoY from ₹37,704.68 L, driven by revenue growth of 31% YoY to ₹152,999.29 L and AUM (loans) expansion of 25% to ₹856,854.82 L. However, Q4 FY26 revenue declined 5% YoY to ₹31,064.84 L from ₹32,698.59 L and dropped 20% QoQ from ₹38,950.28 L, though Q4 profit rose 30% YoY to ₹14,006.09 L. The Board recommended a final dividend of ₹10 per equity share (200% of ₹5 face value), subject to shareholder approval.
- ·Auditor's report issued unmodified opinion on standalone financial results.
- ·Equity share capital increased to ₹5,437.92 L from ₹5,394.76 L as of Dec 2025.
- ·EPS basic FY26: ₹46.63 (diluted ₹45.13) vs FY25 ₹35.10 (diluted ₹33.86).
02-05-2026
The Board of Directors of ICSA (India) Limited, in a meeting held on May 2, 2026, approved the appointment of Mr. Venkateswar Nellutla as Managing Director and Mr. Mallour Rajesh Kumar as Non-Executive Non-Independent Director, both for a period of 5 years effective May 2, 2026. The Board also authorized the reconstitution of the Board, appointment of new directors and KMP, filing of pending MCA/SEBI compliances, and appointment of Statutory Auditors and Secretarial Auditor. No financial impacts or performance metrics were disclosed.
- ·Both appointees have no relationships with existing directors as per Section 2(77) of Companies Act, 2013.
- ·Neither appointee is debarred from holding the office of Director by SEBI or any other authority.
- ·Mr. Venkateswar Nellutla: Over 27 years experience in Delivery Management, Operations, and Strategic Planning.
- ·Board meeting commenced at 11:00 A.M. and concluded at 01:00 P.M. IST on May 2, 2026.
02-05-2026
Inter State Oil Carrier Ltd informed BSE about a Board of Directors meeting scheduled for May 11, 2026, at 4:00 p.m. at its registered office to approve increases in borrowing limits under Section 180(1)(c), creation of charges on movable and immovable properties under Section 180(1)(a), and limits for investments, loans, guarantees, and securities under Section 186 of the Companies Act, 2013. Shareholder approval for these matters will be sought via postal ballot. The trading window remains closed from April 1, 2026, until 48 hours after declaration of audited financial results for the quarter and financial year ended March 31, 2026.
- ·Meeting venue: 113 Park Street, Poddar Point, South Wing, 5th Floor, Kolkata – 700016
- ·Scrip Code: 530259
- ·Announcement hosted on company website: https://isocl.in/notice-of-board-meeting/
- ·Reference: Regulation 29 of SEBI (LODR) Regulations, 2015
30-04-2026
RBI issued the '[Disbursement of Government Pension by Agency Banks (ABs)] Directions, 2026' on April 30, 2026, under reference RBI/DGBA/2026-27/399 and CO.DGBA.GBD.No.S43/31.02.007/2026-27. No specific details, numerical changes, rates, or impacts on operations are disclosed in the provided filing excerpt. This appears to be a regulatory directive governing pension disbursement processes by agency banks.
- ·Reference numbers: RBI/DGBA/2026-27/399, CO.DGBA.GBD.No.S43/31.02.007/2026-27
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