New Delhi, May 5, 2026:
A range of corporate announcements on Tuesday highlighted board meetings, capital market actions, regulatory developments, and governance updates across listed companies.
Indo Thai Securities said it will hold its 379th board meeting on May 7, 2026, to approve audited standalone and consolidated financial results for Q4 and FY26. The board will also consider recommending a dividend, while the trading window remains closed for insiders until 48 hours after the results declaration.
Home First Finance Company India approved the allotment of 1,30,464 equity shares under its ESOP schemes. Following the allotment, the company’s paid-up share capital has increased to ₹20.89 crore, comprising over 10.44 crore equity shares. The newly issued shares will rank pari-passu with existing shares, and listing formalities are underway.
In a regulatory development, Bombay Dyeing & Manufacturing Company received an income tax assessment order for AY 2023-24, increasing taxable income by ₹574.35 crore. The adjustment has been offset against available tax losses, resulting in a demand notice of ₹2.26 lakh. The company said the order has no operational impact and it will pursue legal remedies, while penalty proceedings have also been initiated.
Afcom Holdings approved a floor price of ₹799.62 per share for its Qualified Institutions Placement (QIP), with a possible discount of up to 5%. The final issue price will be determined in consultation with book running lead managers.
Krishival Foods submitted its monitoring agency report for the quarter ended March 2026, confirming no deviation in the use of proceeds from its ₹99.99 crore rights issue. Funds have been deployed towards capital expenditure, working capital, and issue-related expenses.
SNL Bearings reported strong FY26 performance with a profit before tax of ₹1,458 crore and declared an interim dividend of ₹15 per share. The company also reappointed an independent director for a second term.
Gretex Industries approved its audited financial results for FY26 and announced key appointments, including a new independent director, secretarial auditor, and internal auditor. The company’s 17th AGM is scheduled for July 27, 2026.
Meanwhile, Flywings Simulator Training Centre will hold an extraordinary general meeting on May 28 to seek shareholder approval for changes in IPO fund utilization and expansion of business activities.
Overall, the updates reflect continued activity in earnings approvals, fundraising, compliance disclosures, and governance actions across India Inc.
