17h ago
Happy Forgings recommends ₹4 final dividend and sets 47th AGM for July 27, 2026
Happy Forgings reported FY26 revenue of ₹1,546 crore, up 9.8%, with the EBITDA margin rising 157 bps to 30.4% and profit after tax up 23.6%. In Q4, revenue rose 20.4% to ₹424 crore and the EBITDA margin expanded to 31.5%. The board recommended a final dividend of ₹4 per equity share (face value ₹2) and also approved expanding a 35 MW solar project and an order book of ₹950 crores for new businesses. The company said the results reflect earnings ahead of expectations and support higher shareholder-return expectations.
17h ago
1d ago
Kernex seeks shareholder nod to expand board borrowing powers and raise executive pay
Kernex Microsystems (India) posted FY26 net profit of ₹882.43 crore, up 75% year on year. In Q4, revenue reached ₹2,546 crore and EBITDA margin rose to 41.3%. The company has launched a postal ballot to seek shareholder approval to expand the board’s borrowing powers, increase remuneration for three whole-time directors and the managing director, and ratify related-party transactions.
1d ago
6-27
Kranti Industries promoters shift 4.97 lakh shares in off-market gift transfer on June 24, 2026
Kranti Industries Ltd completed an off-market, inter-se promoter transfer of 4.97 lakh equity shares by way of gift on June 24, 2026. Sachin Subhash Vora and Sumit Subhash Vora received 1,50,000 shares each, while Indubala Subhash Vora received 1,97,000 shares. Gadiya Sapna Sunil disposed of 3,00,000 shares and Lodha Rekha Kirtikumar disposed of 1,97,000 shares. Separately, the board approved an additional working capital term loan facility from HDFC Bank Ltd under the Emergency Credit Line Guaranteed Scheme (ECLGS) on June 13, 2026.
6-27
6-26
Kobo Biotech FY25 net loss widens to ₹5.23 crore as operations remain suspended
Kobo Biotech reported a wider FY25 net loss of ₹5.23 crore and recorded no revenue from operations. The company entered the Corporate Insolvency Resolution Process (CIRP) on August 13, 2024, after a prolonged production shutdown and financial stress. On May 11, 2026, the NCLT Hyderabad Bench approved Beaufond Industries’ resolution plan. Under the plan, existing shareholders will be heavily diluted to 2%, with financial and governance control fully transferred.
6-26
6-24
Yash Highvoltage to seek shareholder nod on July 15, 2026 for ₹150,99,96,068 preferential issue
Yash Highvoltage Limited will hold an Extraordinary General Meeting to vote on a preferential issue totalling about ₹15.1 crore, covering 12,62,131 new equity shares and 8,32,177 convertible warrants priced at ₹721. The company said the proceeds are earmarked to expand 550 kV Resin-Impregnated Paper (RIP) and Oil-Impregnated Paper (OIP) transformer bushing capacity. It also disclosed that related entities including Negen sold a 2.27% stake via open-market transactions.
6-24
6-24
Andrew Yule says Veedol stake remained unencumbered for year ended March 31, 2026
Veedol Corporation Ltd (formerly Tide Water Oil Co.) reported full-year FY26 consolidated net profit of ₹191.62 crore, up 13.5% year on year. The board recommended a 1100% final dividend of ₹22 per share, implying a total payout of ₹38.33 crore. The company also said its major shareholder Andrew Yule has not pledged or otherwise encumbered its holding, supporting shareholding stability. The disclosure forms part of routine annual reporting and regulatory filings, with no sudden event or policy change.
6-24
6-22
Victory XII lifts pledge on 2,116,884,819 Hindustan Zinc shares after June 17, 2026 loan prepayment
Victory XII repaid a loan early on June 17, 2026, releasing the pledge on 2,116,884,819 shares of Hindustan Zinc Limited held on behalf of Vedanta, equal to 50.10% of the company’s share capital, leaving the encumbrance at zero. The release was disclosed to BSE and NSE under Regulation 29(2) of India’s SEBI takeover regulations. Separately, Hindustan Zinc appointed former SAIL chairman Amarendu Prakash as CEO-Designate effective June 19, 2026.
6-22
6-22
Sri Priyanka Geo Commex to open ₹73.50 crore IPO on June 24, 2026 for working capital
Sri Priyanka Geo Commex is set to launch an IPO on June 24, 2026, aiming to raise ₹73.5 crore. Of the total, ₹47 crore is earmarked for working capital at its Singapore unit, Geo Min Commodities, to support mineral trading including copper cathode. For the nine months ended December 31, 2025, the company reported revenue of ₹248.37 crore and net profit of ₹17.76 crore, with copper cathode contributing 44.39% of revenue. The funding plan could lift short-term demand for physical copper purchases, while the company has no direct business linkage to crude oil.
6-22