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Chembond crosses Rs 100 crore quarter as water business anchors growth – Indian Corporate News Digest, 28 May 2026

May 28, 2026

Growth and earnings momentum

BASF India leans on volumes and Mangalore capacity as pricing pressure bites

Chembond crosses Rs 100 crore quarter as water business anchors growth

JK Tyre lifts FY26 profit 50% as tyre capacity crosses 35 million

Sumitomo Chemical India posts highest profitability as plant network runs at optimal utilisation

Time Technoplast lifts annual revenue and PAT after Rs 800 crore QIP

Century Enka rebounds in March quarter as volumes and margins recover

Deals and restructuring moves

EPL wins CCI approval for Indovida India amalgamation into listed company

Wim Plast dissolves into Cello scheme after NCLT-sanctioned restructuring takes effect

Ecoplast gets NCLT sanction for Kunal Plastics amalgamation scheme

Credit stress and rating watch

Merrito Polymers stays in non-cooperation as weak credit visibility persists

Sopan Paper rating cut deepens concerns around kraft paper credit profile

Zimidara Pesticides stays locked in non-cooperation despite agrochemical trading base

Governance and compliance desk

KG Petrochem board resets governance with director changes and audit appointments

Dolfin Rubbers clears annual secretarial review without additional compliance flags

Alkali Metals brings promoter-family executive back for three-year director term

Prima Plastics closes FY26 secretarial review without fresh compliance exceptions

JSW Dulux formalises ESOP trust after board and shareholder approvals

Sanofi India gets Kerala tax proceedings dropped with no material impact

Neogen Chemicals pays exchange fines but maintains broader FY26 compliance

Responsive Industries completes FY26 secretarial review with governance systems in focus

M.M. Rubber clears FY26 results and appoints new internal auditor

Transpek pays small BSE fine after promoter reclassification filing misstep

Bayer CropScience closes FY26 compliance review with no fresh adverse action

Laxmi Organic completes FY26 compliance review without fresh regulatory exceptions

Cosmo First finishes FY26 secretarial review with no additional non-compliance

Rossari grants 8.3 lakh ESOP options and lines up independent director term

Funding and capex allocation

Subam Papers trims fund plan as corrugated box investment stays intact

Margin pressure and weak sales

Laffans Petrochemicals posts FY26 profit despite lower operating revenue

Kesoram remains loss-making after cement demerger as rayon business weighs

Best Agrolife revenue falls as patented agrochemical push battles input shock

Films and packaging resilience

Polyplex volumes rise as US film line offsets global oversupply pressure

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