Hind Rectifiers Board to Consider Fund Raising via Preferential Equity Issue on May 16
Hind Rectifiers Ltd has updated its upcoming board meeting agenda to include a proposal for fund raising through a preferential issue of equity shares. Scheduled for May 16, 2026, the meeting will also review the company's audited financial results for the fiscal year ended March 31, 2026, and consider a dividend recommendation.
Sattva Engineering Secures ₹76.11 Crore STP Contract from BWSSB for Koramangala Project
Sattva Engineering Construction has received a Letter of Acceptance for a ₹76.11 crore turnkey contract from the Bangalore Water Supply and Sewerage Board. The project involves designing and constructing a 20 MLD sewage treatment plant in Koramangala using advanced IFAS technology.
Avalon Technologies Posts 46% Revenue Surge in FY26; Targets ₹3,200 Cr Revenue by FY29
Avalon Technologies reported its strongest fiscal year to date, with annual revenue growing 46% to INR 1,603 crore, surpassing its own 40% growth guidance. The performance was driven by a strategic shift toward high-margin box builds and expanding footprints in semiconductor manufacturing equipment and clean energy sectors.
Stove Kraft Q4 FY26 Revenue Surges 32% Driven by 67% Jump in Induction Cooktop Volumes
Stove Kraft delivered a significant revenue beat in Q4 FY26, with a 32.4% year-on-year increase driven by robust demand for induction cooktops and small appliances. The company is now focusing on scaling its IKEA partnership and expanding its exclusive retail footprint to 500 stores by 2027.
Muthoot Microfin Targets ₹30,000 Crore AUM by 2030 Following Strong FY26 Results
Muthoot Microfin Limited has announced its 'Vision 3030' strategy, aiming to scale its Assets Under Management to ₹30,000 crore. The company reported a strong finish to FY26, with AUM growth of 13% and a significant improvement in quarterly profitability.
Max Estates Unveils ₹1,200 Crore Residential Project The Terraces in Gurugram
Max Estates has launched 'The Terraces', a premium residential project within the Estate 361 development in Sector 36A, Gurugram. This project carries a gross development value of ₹1,200 crore and introduces a unique vertical leisure concept to the Dwarka Expressway corridor.
Equitas Small Finance Bank Q4FY26 PAT Surges 406 Percent to Record 213 Crore
Equitas Small Finance Bank delivered a record-breaking performance in Q4FY26, reporting a profit after tax of 213 Crore, representing a 406 percent year-on-year increase. The bank's performance was bolstered by a significant expansion in Net Interest Margins to 7.29 percent and the successful execution of its Liability 2.0 strategy, which effectively reduced the cost of funds.
Maxvolt Energy Reports 223% Revenue Surge in H1 FY26, Hits ₹130.4 Crore Top Line
Maxvolt Energy Industries delivered an explosive performance in H1 FY26, recording ₹130.4 crore in revenue and significantly outpacing its prior full-year guidance. The company is aggressively expanding its battery manufacturing capacity while pivoting toward a fully circular lithium recycling ecosystem to secure its raw material supply chain.
ixigo Unveils AI-Native App with TARA Multimodal Assistant for 54 Crore Active Users
Le Travenues Technology Limited, the operator of ixigo, has launched a completely redesigned, AI-native version of its travel application. The update introduces the TARA multimodal AI assistant and autonomous agentic flows designed to handle complex travel planning and post-booking tasks seamlessly.