Gujarat Themis Biosyn Ltd (GTBL) on Friday (May 22) said it has entered into a definitive agreement to acquire 100% equity shareholding of Japan-based MicroBiopharm Japan Co, Ltd (MBJ) through Themis Biosyn Japan Ltd, its wholly-owned subsidiary incorporated in Japan. The acquisition, subject to regulatory approvals and customary closing formalities, will be completed for a…
Paints manufacturer Indigo Paints Ltd on Friday (May 22) reported a 1.4% year-on-year rise in net profit to ₹57.7 crore for the fourth quarter, compared with ₹56.9 crore in the corresponding period last year. Revenue from operations increased 9.7% to ₹425.3 crore from ₹387.6 crore year-on-year. EBITDA rose 9.3% to ₹95.6 crore against ₹87.4 crore…
Ramco Cements Ltd on Friday (May 22) reported a consolidated net profit of ₹146.39 crore in the fourth quarter, much higher than the CNBC-TV18 poll estimate of ₹92 crore. Revenue stood at ₹2,606 crore versus ₹2,599 crore estimated in the poll. EBITDA came in lower than expected at ₹372.8 crore versus the poll’s ₹409-crore estimate,…
Qatar Holding LLC sold 48.1 lakh shares, representing a 0.4% stake in Adani Energy Solutions, for ₹644 crore through a block deal, according to exchange data. The transaction was executed at an average price of ₹1,339 per share, with Birla Mutual Fund purchasing the entire stake at the same price. In November 2025, GQG Partners…
Kolte-Patil Developers Limited on Friday, May 22, reported a net loss of ₹15.8 crore in the fourth quarter compared with a profit of ₹65.3 crore in the year-ago period, as revenue and operating performance weakened sharply. Revenue from operations declined 65.4% year-on-year to ₹248.6 crore from ₹718.7 crore, while the company reported an EBITDA loss…
In the latest reshuffle of the BSE 100 index, One 97 Communications, the parent company of the Paytm platform, along with Ashok Leyland and CG Power and Industrial Solutions, has secured entry into the benchmark index. They have replaced Ambuja Cements, Tube Investments of India and Colgate-Palmolive (India). The revised index composition has come into…
BSE Index Services Private Ltd, a wholly-owned subsidiary of BSE Ltd, on Friday (May 22, 2026) announced reconstitution of several BSE indices, with changes effective from the opening of trading on Monday, June 22, 2026. Under the BSE 100 index, Ashok Leyland Ltd will be added, while Ambuja Cements Ltd, One 97 Communications Ltd, Tube…
Private sector lender RBL Bank Ltd on Friday (May 22) said the Dubai-based Emirates NBD Bank (P.J.S.C) has announced an open offer to acquire up to 41.59 crore equity shares of the bank, representing 26% of the expanded voting share capital, at ₹282.38 per share, including ₹280 offer price and ₹2.38 applicable interest. The total…
The government’s Offer for Sale (OFS) in Central Bank of India received a strong response from investors on the opening day, with the issue being subscribed 2.35 times, according to DIPAM Secretary Arunish Chawla. In a post on X on Friday, Chawla said the government had decided to exercise the entire greenshoe option following the…
Hindalco Industries Q4 results FY26: Hindalco Industries Ltd declared its earnings for the fourth quarter of the financial year 2025-26. Along with the quarterly results, the Aditya Birla Group’s flagship metal company also announced a dividend for its shareholders. Revenue at Rs 34,244 cr in Q4 FY26 vs Rs 29,264 cr in Q4 FY25, up…
