Regulation, Compliance & Legal › Sub-category

Governance Issue

33 articles
Corporate governance and leadership transitions are prominent themes across Indian companies. Alfa Transformers faces scrutiny regarding its Vadodara Unit, which incurred losses and working capital constraints, prompting a special business agenda at its AGM. Simultaneously, Jauss Polymers is undergoing a significant board overhaul with the appointment of five new directors, including a Managing Director, signaling a potential shift in strategic direction. These developments, alongside similar changes at Synergy Green Industries, Elecon Engineering, and others, highlight ongoing efforts to strengthen governance structures and adapt to evolving business landscapes.
Alfa Transformers 44th AGM Notice July 28
• Notice for the 44th AGM of Alfa Transformers Limited scheduled for July 28, 2026, at 12:30 PM in Bhubaneswar. • AGM agenda includes adoption of FY26 financials, appointment of statutory and internal
Jauss Polymers Board Appoints Five New Directors
Board approved appointment of five new directors, including a Managing Director and Independent Directors, effective July 30, 2026. Appointments of Ms. Shipra Chauhan as MD and three other directors a
S H Kelkar Reports 11% FY26 Revenue Growth to ₹2,378 Crores
S H Kelkar achieved 11% revenue growth to ₹2,377.8 crores in FY25-26 despite global macroeconomic volatility and ongoing strategic investments across international markets. The Flavours business grew
Dr. Lal PathLabs FY26 Revenue Up 12.2% with 1:1 Bonus Issue
Dr. Lal PathLabs reported FY26 consolidated revenue growth of 12.2% to ₹27,629 million with PAT of ₹5,098 million and implemented a 1:1 bonus share issue. The company expanded its network to 312 labs
Air Marshal Ashutosh Dixit Appointed IAF Vice Chief
Air Marshal Ashutosh Dixit assumes role as Vice Chief of the Air Staff, Indian Air Force effective July 1, 2026. The decorated officer brings over 3500 flying hours experience across multiple aircraft
Synergy Green Industries 16th AGM Notice 2026
Synergy Green Industries Ltd. will hold its 16th AGM on July 23, 2026, to transact ordinary and special business. Key agenda items include adopting FY26 financials, appointing P.G. Bhagwat LLP as stat
Lakshmi Electrical Control Systems 45th AGM Notice
Lakshmi Electrical Control Systems Ltd convenes its 45th AGM on July 31, 2026, to transact ordinary and special business. Proposes appointment of new statutory auditor M/s. NRD Associates for 5 years
Anthem Biosciences 20th AGM Notice and Resolutions
Anthem Biosciences convenes its 20th AGM on July 22, 2026 via video conference to seek shareholder approval for eight resolutions. Key resolutions include declaring a final dividend of ₹2 per share, r
Elecon Engineering Postal Ballot for Director Reappointment
Elecon Engineering seeks shareholder approval via postal ballot for reappointing Pranav C. Amin as Non-Executive & Independent Director for a second five-year term. E-voting period runs from July 2 to
Cinevista 29th AGM Approves All 10 Resolutions
Cinevista Limited disclosed voting results for its 29th AGM held on June 30, 2026, where all 10 proposed resolutions were passed. Key approvals include reappointment of directors beyond age 70, appoin
Kitex Garments Board Committees Reconstituted June 2026
Kitex Garments Limited reconstituted four Board committees effective June 30, 2026. Audit Committee now chaired by Mr. Bijoy Philipose with two other independent directors. Nomination and Remuneration
Orient Ceratech Independent Director Reappointment Postal Ballot
Orient Ceratech seeks shareholder approval via postal ballot for reappointment of Ketan Shrimankar as Non-Executive Independent Director for a second two-year term. E-voting period runs from July 1 to
Newgen Software FY26 Revenue Rises 6% to ₹1,574 Crore
Newgen Software reported FY26 revenue of ₹1,574 crore with 6% YoY growth and PAT of ₹300.58 crore, while declaring a final dividend of ₹6 per share. The company will hold its 34th AGM on July 24, 2026
Tanla Platforms FY26 Reports 9.7% Revenue Growth to ₹4,418 Cr
Tanla Platforms reported FY26 revenue growth of 9.7% to ₹4,418 Cr with PAT of ₹509 Cr and maintained strong cash flow generation of ₹477 Cr. The company deployed Wisely.ai with Indosat Ooredoo Hutchis
HDFC Bank Legal Review Finds No Substantiation of Claims
HDFC Bank concludes external legal review investigating claims in former director's resignation letter. External law firms found no evidence to substantiate Atanu Chakraborty's ethical concerns statem
Sky Gold Appoints M S K A as New Statutory Auditors
Sky Gold and Diamonds Limited discloses voting results for a postal ballot resolution passed on 26th June 2026. Shareholders approved the appointment of M/s. M S K A & Associates LLP as statutory audi
Mahindra Holidays FY26 Profit Plunges 97% on Impairment
Mahindra Holidays reported a 97% YoY decline in standalone net profit to ₹4.55 crore for FY26 due to a ₹233.70 crore impairment provision on subsidiary investment. The company will hold its 30th Annua
Bharat Gears Appoints External Agency Over Governance Concerns
Former Joint MD Sameer Kanwar raised concerns about Chairman & MD Surinder Paul Kanwar's practices on his last day, 31 May 2026. Audit Committee appointed external agency on 15 June 2026 to conduct im
Bharat Gears Ex-JMD Raises Governance Concerns
Former Joint MD Sameer Kanwar raised concerns about Chairman & MD Surinder Paul Kanwar's practices on May 31, 2026. Audit Committee appointed external agency on June 15, 2026 to conduct impact assessm
UTI AMC FY26 Profit Declines 45% with ₹40 Dividend
UTI AMC reported FY26 consolidated net profit of ₹404.12 crore, down 44.75% YoY due to VRS costs and lower fair value gains despite 11% AUM growth to ₹23.42 lakh crore. Board recommended final dividen
Chembond Material Technologies FY26 Revenue Up 25%
Chembond Material Technologies reported 25% revenue growth to ₹250.07 crore in FY26, though PBT declined 20% due to raw material cost pressures. The company recommended a final dividend of ₹2.00 per s
Raymond Lifestyle Reports 11% FY26 Revenue Growth, Declares Dividend
Raymond Lifestyle achieved FY26 consolidated revenue of ₹7,034 crore with 11% YoY growth and EBITDA margin expansion of 120 bps to 11.4%. The company declared a final dividend of ₹1 per share and appo
Raymond Lifestyle FY26 Results: 11% Revenue Growth, ₹1 Dividend
Raymond Lifestyle reported 11% YoY revenue growth to ₹7,034 crore with EBITDA margin expansion of 120 bps to 11.4% and net profit of ₹46.17 crore for FY26. The company declared a final dividend of ₹1
Kisan Mouldings FY26 Net Loss ₹7.38 Cr on Revenue Decline
Kisan Mouldings reported a standalone net loss of ₹7.38 crore for FY26 versus a profit of ₹3.47 crore in FY25, with revenue declining 8.52% to ₹250.07 crore. The company underwent significant manageme
Kalpataru Projects FY26 Revenue Up 22% to ₹27,143 Crores
KPIL reported record consolidated revenue of ₹27,143 Crores with 22% YoY growth and net profit surged 82% to ₹1,031 Crores in FY 2025-26. The company achieved its highest-ever order book of ₹65,457 Cr
Lloyds Metals 49th AGM All Resolutions Passed
Lloyds Metals held its 49th AGM on 19th June 2026 via video conference to vote on 22 resolutions including financial statements, dividends, and director appointments. All resolutions were passed with
Jyothy Labs FY26 Revenue Growth with Dividend and Governance
Jyothy Labs reported FY26 revenue growth of 3.5% to ₹2,944 crore with 6% volume growth, while PAT declined to ₹333 crore due to input cost pressures. The company maintained a debt-free position with ₹
Stanrose Mafatlal Reports FY26 ₹301.94 Lakh Net Loss
Stanrose Mafatlal reported standalone net loss of ₹301.94 lakhs with total income of ₹284.89 lakhs and no dividend declared for FY 2025-26. The company diversified into textile and garment business un
Ajanta Pharma FY26 Revenue Hits ₹5,453 Crore with 17% Growth
Ajanta Pharma reported strong FY26 performance with revenue growing 17% to ₹5,453 crore and PAT increasing 15% to ₹1,056 crore, crossing the ₹5,000 crore revenue milestone. The company declared a divi
Tata Motors PV Posts Record FY26 Sales Post-Demerger
Tata Motors PV achieved record passenger vehicle sales of 641,586 units with 15.3% YoY growth and maintained EV market leadership with 92,179 units sold post-commercial vehicles demerger. The company
Lloyds Enterprises FY26 Record ₹417 Crore PAT, Rights Issue, Demerger
Lloyds Enterprises reported record consolidated PAT of ₹417 crore for FY26, with standalone PAT surging 1,531% to ₹268 crore and EPS reaching ₹3.08. The company completed a ₹992 crore rights issue and
Cyient FY26 Profit Declines 30.5% Amid Semiconductor Restructuring
Cyient reported FY26 consolidated revenue of ₹72.68 billion with net profit declining 30.5% YoY to ₹4.63 billion, impacted by ₹3.31 billion exceptional items including acquisition expenses and impairm
Cinevista AGM Approves FY26 Profit Turnaround
Cinevista Limited convened its 29th AGM on 30th June 2026 to approve audited financial statements and special resolutions including auditor appointment and director reappointments. The company reporte