Business

Mitsu Chem Plast Limited Reports Impressive Q4 FY26 Performance; Net Profit Jumps 117.90%, EBITDA Up 72.98%

Mitsu Chem Plast Limited Reports Impressive Q4 FY26 Performance; Net Profit Jumps 117.90%, EBITDA Up 72.98%

Navi Mumbai (Maharashtra) [India], May 4: Mitsu Chem Plast Limited (Mitsu, The Company) (BSE:540078), one of the leading global manufacturers of blow-molded and injection-molded products and a specialist in Hospital furniture components, Infrastructure Products, Packaging Bottles, Drums, Jerry Cans, Pails, and Caps, has announced its Audited Financial Results for Q4 FY26. Key Financial Highlights Q4 FY26 Total Income of ₹ 8,679.47 Lakhs, EBITDA of ₹ 1,422.74 Lakhs, YoY growth of 72.98% EBITDA Margin of 16.45%, YoY growth of 736 Bps Net Profit of ₹ 771.73 Lakhs, YoY growth of 117.90% Net Profit Margin (%) of 8.92%, YoY growth of 501 Bps EPS of ₹ 5.68, YoY growth of 117.62% FY26 Total Income of ₹ 35,084.56 Lakhs, YoY growth of…
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Simca Advertising Limited IPO Opens on May 08, 2026

Simca Advertising Limited IPO Opens on May 08, 2026

Mumbai (Maharashtra) [India], May 4: Simca Advertising Limited, a Mumbai and Maharashtra-based OOH (Out-of-Home) advertising player, is coming up with its IPO. The company is opening its Initial Public Offering on May 08, 2026, aiming to raise ₹ 58.04 Crores with shares to be listed on the NSE Emerge platform. The issue size is ₹58.04 Crore with a fresh issue size of 31,71,600 equity shares with a face value of ₹10 each with a price band of ₹174 – ₹183 Per Share. Equity Share Allocation QIB (Including Anchor Portion) – 9,27,000 Equity Shares Non-Institutional Bidders – 10,29,600 Equity Shares Individual Bidders – 10,56,000 Equity Shares Market Maker – 1,59,000 Equity Shares The net proceeds from the IPO will be utilized for the purchase and installation of LED (“Light-emitting diode”) screens, funding for strategic collaboration with Capital World Media Services Private Limited (“CWM”) for…
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Steel Exchange India Announces Rs 40.32 Crore Capital Strengthening Through Warrant Allotment and Conversion of Existing Warrants

Steel Exchange India Announces Rs 40.32 Crore Capital Strengthening Through Warrant Allotment and Conversion of Existing Warrants

Visakhapatnam (Andhra Pradesh) [India], May 4: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced key capital market developments comprising fresh warrant issuance and conversion of existing warrants, aimed at further strengthening the Company’s capital structure. Key Approved Developments: • Fresh Allotment of 4,40,00,000 Convertible Equity Warrants at ₹9.45 per warrant on a preferential basis, aggregating to ₹10.40crore on receipt of 25 % of Subscription Amount. • Conversion of 2,82,97,870 Existing Warrants issued at 14.10 into Equity Shares following receipt of balance subscription money aggregating to ₹29.92 crore…
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SK Finance Delivers Robust FY26 Performance; AUM Crosses Rs. 15,755 Cr, PAT Jumps to Rs. 431 Cr

SK Finance Delivers Robust FY26 Performance; AUM Crosses Rs. 15,755 Cr, PAT Jumps to Rs. 431 Cr

Mr Rajendra Kumar Setia, Managing Director & CEO, SK Finance Limited Jaipur (Rajasthan) [India], May 4: SK Finance Limited today announced its financial results for the fourth quarter and financial year ended March 31, 2026, registering growth across key business parameters. The company registered total income from operations of ₹2,823.60 crore during the FY26, while net profit after tax (PAT) stood at ₹431 crore. SK Finance Limited reported strong growth in its Assets Under Management (AUM), which increased to ₹15,755.22 crore as of March 31, 2026. During FY26, the company recorded total disbursements of ₹9,162.27 crore. Key Highlights AUM at ₹15,755 crore…
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Shreya Parasrampuria: Heading SB Infowaves with an Aspiration for Scalable Artificial Intelligence Solutions

Shreya Parasrampuria: Heading SB Infowaves with an Aspiration for Scalable Artificial Intelligence Solutions

New Delhi [India], May 4: In a significant development in India’s fast-evolving technology services sector, SB Infowaves, under the leadership of founder and Managing Director Shreya Parasrampuria, is strengthening its global footprint through strategic partnerships, advanced AI-driven offerings, and active participation in major industry platforms. Founded with a vision to deliver practical, scalable technology solutions, SB Infowaves has grown into a multi-domain digital transformation company offering services across artificial intelligence, machine learning, custom software development, cloud infrastructure, web and mobile applications. The company has positioned itself strongly in emerging areas such as AIoT (Artificial Intelligence of Things), integrating connected devices with intelligent data…
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IJCP Group and South Asian Obesity Forum (SOF) Organise OBESITAS 2026, Bringing Together 500+ Doctors as India Confronts Rising Obesity Burden

IJCP Group and South Asian Obesity Forum (SOF) Organise OBESITAS 2026, Bringing Together 500+ Doctors as India Confronts Rising Obesity Burden

New Delhi [India], May 2: IJCP Group, a leading integrated healthcare communications company, in association with the South Asian Obesity Forum (SOF), successfully concluded OBESITAS 2026, a high-impact scientific conference focused on addressing the growing clinical and public health challenge of obesity in India. Bringing together over 500 doctors and 150 nutritionists, alongside international faculty, the conference highlighted the urgent need to reposition obesity as a chronic, complex disease that is closely linked to diabetes, cardiovascular disease, fatty liver disease, and hormonal disorders. With rising prevalence across age groups, experts pointed to the need for early intervention and structured, multidisciplinary…
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Aptronix Launches Its Biggest Brand Campaign Yet, Featuring Akkineni Naga Chaitanya and Sobhita Dhulipala as Faces of a Bold New Retail Era

Aptronix Launches Its Biggest Brand Campaign Yet, Featuring Akkineni Naga Chaitanya and Sobhita Dhulipala as Faces of a Bold New Retail Era

Hyderabad (Telangana) [India], May 2: Aptronix, India’s leading Apple Premium Reseller, has unveiled its most ambitious brand campaign to date — “Big & Beyond Aptronix” — featuring celebrated actors Akkineni Naga Chaitanya and Sobhita Dhulipala as the official campaign faces. The launch marks a landmark moment in Indian Apple retail: the opening of Aptronix’s largest store in India, spanning 8,000 square feet, at Sarath City Capital Mall, Hyderabad. A Campaign Built for the Boldest Generation of Apple Users Designed to embody scale, confidence, and innovation, the “Big & Beyond Aptronix” campaign reflects the brand’s evolution into a world-class, aspirational retail…
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Cleantech Startup NovorbisItus Raises Rs 13.35 Crore Seed Round Led by Rainmatter, with participation from Rockstud Capital

Cleantech Startup NovorbisItus Raises Rs 13.35 Crore Seed Round Led by Rainmatter, with participation from Rockstud Capital

Pune (Maharashtra) [India], May 2: NovorbisItusPvt. Ltd., a Pune-based cleantech startup, has raised ₹13.35 crore in a seed funding round led by Rainmatter, the investment initiative of Zerodha. The company develops emission control and air purification systems for decentralised pollution sources such as diesel generator (DG) sets and crematoriums, including retrofit solutions for existing infrastructure. The round also saw participation from Rockstud Capital, an early-stage fund focused on manufacturing-led companies. The transaction was advised by Indorient Financial Services Ltd. The Pune-based startup will use the funds to scale its emission control solutions for diesel generators and crematoriums and expand into new product lines. The round is led by Nithin Kamath’s Rainmatter, with participation…
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Sloshout Expands Luxury Villa Booking Portfolio Across Delhi NCR as Demand for Private Celebrations Hits New High

Sloshout Expands Luxury Villa Booking Portfolio Across Delhi NCR as Demand for Private Celebrations Hits New High

New Delhi [India], May 2: Sloshout has been in the venue booking business since 2015. The Delhi-based platform has spent 10 years in India’s events industry and has now expanded its luxury villa listings to more than 500 properties across Delhi NCR. Banquet halls are no longer the first choice for most people. Today, hosts want a space that is fully theirs—where they set the rules and plan things the way they want. Private villas give them exactly that, and the demand for such spaces has been growing steadily. Privacy is now a priority  Across Delhi, Gurugram, Faridabad, Noida, and…
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RDash Appoints Rajeev Mittal as Strategic Advisor

RDash Appoints Rajeev Mittal as Strategic Advisor

New Delhi [India], May 1: RDash, India’s AI-powered construction management software backed by Y Combinator, Stellaris, and Zacua Ventures, today announced the appointment of Rajeev Mittal as Strategic Advisor to RDash. As the strategic advisor, Mr. Mittal will guide RDash’s go-to-market strategy, enterprise growth, and partner ecosystem development as the company expands across India and the Globe. About Rajeev Mittal Rajeev Mittal brings nearly four decades of experience building and scaling technology businesses across India and the Asia Pacific. He has held Managing Director and General Manager roles at some of the world’s most influential technology companies, including Autodesk, Microsoft India,…
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