Grasim Industries Limited posts record Rs 1.75 lakh crore revenue as paints scales – Indian Corporate News Digest, 21 May 2026

Earnings & Dividend Heat

Grasim Industries Limited posts record Rs 1.75 lakh crore revenue as paints scales

Tainwala Chemicals and Plastics doubles FY26 profit as other income surges

IOL Chemicals and Pharmaceuticals hits highest quarterly revenue as PAT rises 68%

Associated Alcohols & Breweries Limited leans on proprietary IMFL after FY26 PAT rises

Prima Plastics Limited backs Rs 2 dividend after FY26 profit rises

Mysore Petro Chemicals Limited recommends Rs 2 dividend after FY26 results

Oriental Aromatics Limited sees FY26 profit fall as board backs Rs 0.50 dividend

Cosmo First Limited backs Rs 4 dividend and reappoints Arjun Singh

Cosmo First Limited cuts Q4 net debt as new businesses scale

Capacity & Expansion Push

Gravita India Limited lifts Phagi lead recycling capacity to 75,819 MTPA

IOL Chemicals and Pharmaceuticals adds triacetin plant and expands pantoprazole

Fine Organic Industries pushes U.S., UAE, Thailand and Malaysia expansion after FY26 growth

Fine Organic Industries Limited lays out expansion across U.S., UAE and Malaysia

Cosmo First Limited pitches FY30 consumer-film growth after B2C push

Astral Limited investor deck shows adhesives, paints and bathware diversification

Astral Limited showcases pan-India and global brand activation in investor deck

Capital, Debt & Deal Watch

Balrampur Chini Mills EGM takes up Rs 450 crore preferential issue

Neogen Chemicals flags Rs 321.52 crore qualified borrowings after FY26 debt build-up

Gulnar Plastics holds CARE BBB- rating as U.S. tariff pressure hits orders

Asian Solvochem Private Limited keeps ICRA rating as refinery linkage supports profile

Asian Solvochem rating note remains unreadable beyond reaffirmation

Governance & Boardroom Moves

Somi Conveyor Beltings appoints internal and cost auditors for FY27

Kesoram Industries pushes FY26 results to May 27 as Prabhu gets second term

Eastern Treads Limited reappoints RGN Price as FY27 internal auditor

Oriental Aromatics Limited appoints auditors as board clears FY26 actions

Syngene seeks shareholder nod to make Kiran Mazumdar-Shaw executive chairperson

Garware Technical Fibres appoints Poonam Gupta as CHRO

Syngene International links executive chair proposal to CRO funding pressure

Compliance Desk

Eastern Treads Limited clears FY26 audited results but numbers stay unreadable

Vishnu Chemicals Limited files FY26 secretarial review through L.D. Reddy

PCBL Chemical Limited submits FY26 secretarial compliance report

Nilkamal Limited files FY26 secretarial review with no visible deviation detail

Vishnu Chemicals Limited files FY26 secretarial review with compliance table

Somi Conveyor Beltings Limited clears FY26 results with unmodified audit opinion

Jindal Poly Films Limited flags Risk Management Committee gap in FY26 review

Legal, Insolvency & Audit Flags

Vikas WSP resolution-plan hearing slips again as NCLT bench changes

Aether Industries filing flags fire-insurance accounting across two incidents

Aether Industries fire note leaves warehouse-loss impact unresolved in extract

Apollo Tyres filing remains insufficiently readable for fresh Q4 story

Apollo Tyres Limited convenes May 20 analyst call after Q4 results

Healthcare & Platform Bets

Shaily Engineering Plastics wins regulatory lift for ShailyPen Neo semaglutide

Circular Economy & Reuse Watch

Indian Oil study maps retailer resistance to rigid plastic container returns

Indian Oil container-return study stays research-led, not earnings-led

WeCARE finds 10% reuse target hinges on retailer reverse logistics