Markets

Om Power Transmission Limited Names Key Managerial Personnel Om Power Transmission Limited has confirmed its Key Managerial Personnel (KMP) authorized by the Board of Directors. The company identified three key individuals responsible for determining the materiality of events and making disclosures.The Board of Directors has authorized the following professionals to serve as Key Managerial Personnel:Sr. No.Name of Key Managerial PersonnelsDesignation1Mr. Kanubhai PatelManaging Director2Mr. Chetan Bharatkumar ModiChief Financial Officer3Mr. Hardikkumar Jitendrabhai PatelCompany Secretary and Compliance OfficerOm Power Transmission Limited, formerly known as Om Power Transmission Private Limited, listed its registered...

Lupin Ltd Incorporates Wholly Owned Subsidiary in Thailand Lupin Ltd has established a new international presence by incorporating a wholly owned subsidiary in Thailand. The newly formed entity, named Lupin (Thailand) Limited, was incorporated on April 17, 2026.The subsidiary, Lupin (Thailand) Limited, operates within the Pharmaceutical Industry. Its primary mandate will be to import, market, promote, distribute, and sell pharmaceutical products throughout Thailand. Lupin (Thailand) Limited is a wholly owned subsidiary of Lupin Ltd.Details regarding the company’s capitalization structure and ownership are as follows:DetailDescriptionName of EntityLupin (Thailand) LimitedCountry of IncorporationThailandDate of...

Prudential Sugar Corporation Ltd. to Hold EGM for Appointment of Independent Woman Director Prudential Sugar Corporation Ltd. announced that it will hold an Extra-Ordinary General Meeting (EGM) on Monday, May 11, 2026. The meeting is scheduled for 2:30 PM (IST) and will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).The primary focus of the EGM is to consider and pass a Special Resolution for the regularization of the appointment of Ms. Priyanka Rajora as a Non-Executive Independent Woman Director.Director Appointment Details The proposed resolution relates to Ms. Priyanka Rajora (DIN: 08985737), who was appointed as an Additional Director of the Company by the Board of Directors on February 13...

Sat Kartar Shopping Limited Changes Name to Sat Kartar Life Limited Sat Kartar Shopping Limited is undergoing a corporate name change. The company's name is set to be officially altered, transforming it into Sat Kartar Life Limited.The name change is effective from April 23, 2026.The company operates under the symbol SATKARTAR and confirmed the details of the transition through the following structured data:SymbolExisting Company NameNew Company NameSATKARTARSat Kartar Shopping LimitedSat Kartar Life LimitedSATKARTAR Stock Price Movement Sat Kartar Shopping Limited shares today slipped by 0.88% to settle at ₹185.1. The stock traded on a volume of 28,800 shares, remaining within a trading range that tested the day's low of...

Jindal Capital to Hold Board Meeting on April 22, 2026, to Discuss Share Capital Increase Jindal Capital Ltd has scheduled a Board of Directors meeting for Wednesday, April 22, 2026. The meeting, set to take place at the company's Registered Office in Rohini, Delhi, is planned to consider and approve several key corporate actions.The primary objectives listed for the board include increasing the Authorized Share Capital of the company and approving an alteration to the Main Object Clause within the company's Memorandum of Association. The board may also discuss any other matter with the permission of the Chair.In terms of market trading and corporate disclosures, Jindal Capital stated that the Trading Window for dealing in the...

MKP Mobility Ltd Promoter Shares Transferred via Gift MKP Mobility Ltd has announced a significant off-market, inter-se transfer of equity shares among its promoters. The transaction involves Mr. Jitesh Mahendrakumar Patodia transferring 5,40,696 equity shares to Mr. Aanjan Jitesh Patodia, an immediate relative of the transferor.The proposed transfer, which is being executed by way of gift and without any consideration, pertains to 5,40,696 equity shares, representing 15.851% of the total equity share capital of MKP Mobility Ltd.The inter-se transfer of shares is slated to take place on or after April 24, 2026. The rationale provided for the transaction is that the shares are being transferred at NIL value due to the relationship...

M. Manickam to Acquire 14.18% Stake in Sakthi Sugars Ltd Through Inter Se Share Transfer Sakthi Sugars Limited announced a proposed inter se transfer of equity shares involving its promoter group. M. Manickam, identified as a promoter of the company, plans to acquire 1,68,60,000 equity shares from ABT Investments (India) Private Limited.The proposed transaction is structured as an inter se transfer amongst the Promoter and Promoter Group Company, utilizing an exemption rule that ensures no change in the total shareholding of the Promoters and Promoter Group following the acquisition. The transaction is proposed to take place on or after April 24, 2026.According to the details provided, Dr. M. Manickam will acquire 1,68,60,000 equity...

Archidply Decor Ltd. Promoter Group Executes Schemes of Amalgamation Archidply Decor Ltd. has announced that its promoter group entities have received approval for two Schemes of Amalgamation from the Hon'ble National Company Law Tribunal, Guwahati Bench. This internal restructuring aims to consolidate shareholding within the promoter group.The Schemes approved by the Tribunal involve the following pairings:SchemeMerging Entity 1Merging Entity 21Ravi Marketing and Services Private LimitedAssam Timber Products Private Limited2Vanraj Suppliers Private LimitedSri Shyam Tea Private LimitedFollowing the implementation of the approved schemes, the shareholding structure undergoes a consolidation:The shareholding previously...

PC Jeweller Limited Reduces Bank Outstanding Debt by 10%, Crosses 90% Repayment Milestone PC Jeweller Limited announced today that it has made substantial progress toward achieving a debt-free status by significantly reducing its outstanding bank debt. The company reported successfully repaying an additional 10% of its outstanding bank debt through actions taken under the existing Joint Settlement Agreement.The company stated that this latest repayment marks a major milestone in its commitment to financial recovery. With this reduction, PC Jeweller Limited has now discharged and repaid over 90% of its total outstanding bank debt since the execution of the initial settlement agreement.The significant reduction reinforces the...

Jyotirgamya Enterprises Ltd. Announces Director Resignation Jyotirgamya Enterprises Ltd. has confirmed the resignation of its director, Ms. Gopika Raman. Ms. Raman resigned from her position as Director with immediate effect, effective April 17, 2026.The company noted that the resignation tendered by Ms. Gopika Raman (DIN: 10700025) is due to personal reasons and unavoidable circumstances. She confirmed that there are no other material reasons for her departure beyond those stated in her resignation letter dated April 17, 2026.Balakrishna K Reddy, Managing Director of Jyotirgamya Enterprises Ltd., conveyed the confirmation of the director's resignation. The changes are effective from April 17, 2026.Stock Price Movement Jyotirgamya...

Bannari Amman Sugars Limited Independent Director Announces Resignation Bannari Amman Sugars Limited confirmed the resignation of Independent Director Sri M Ponnuswami, effective April 17, 2026. The resignation follows his inability to appear for the mandatory online proficiency self-assessment test within the timeline stipulated by the Companies (Appointment and Qualification of Directors) Rules, 2014.The company stated that with the effect of April 17, 2026, Mr. M Ponnuswami (DIN: 00015847) would cease to be an Independent Director and would also vacate his membership on the Stakeholders' Relationship Committee and the Risk Management Committee of the company.The Board of Directors noted the value of Mr. Ponnuswami’s contributions...

Krsnaa Diagnostics Board Strengthens Governance with New Director Appointments and Committee Reconstitution Krsnaa Diagnostics Ltd, at a Board of Directors meeting held on April 17, 2026, announced significant enhancements to its leadership and governance framework. The Board approved several key appointments, re-appointments, and the reconstitution of its principal committees.Key Appointments and Re-appointments of Directors The Board took steps to strengthen its board through the appointment of two new Independent Directors and the re-appointment of an existing Independent Director.The details of the appointments and re-appointments are as follows:NameRoleType of AppointmentTerm DurationStart DateMr. Raju Venkatraman (DIN...

Darshana Sawant Resigns as Independent Director of Aerpace Industries Ltd Aerpace Industries Ltd announced the resignation of Ms. Darshana Avadhoot Sawant from her position as Independent Director, effective April 14, 2026. The company confirmed this follows an earlier disclosure regarding the cessation of her role.Ms. Sawant formally tendered her resignation, citing pre-occupation in other activities. The transition was noted to be effective from close of business hours on April 14, 2026.The company stated that Ms. Sawant confirmed she did not hold the position of Director or Committee Member in any other listed company.Key details regarding Ms. Sawant's resignation are summarized below:ParticularsDetailsDirector...

TTK Prestige Limited Achieves CII GreenCo Certification Across All Manufacturing Units TTK Prestige Limited has successfully secured GreenCo certification for all its manufacturing plants. The recognition was awarded by the CII-Sohrabji Godrej Green Business Centre, India, which utilizes a nationally recognized framework to assess corporate environmental performance. These certifications are valid for a period of three years.The certification was achieved after a comprehensive assessment covering crucial environmental parameters. These parameters included energy efficiency, water conservation, renewable energy usage, greenhouse gas emission management, waste management, material conservation, and green supply chain practices.The...

CG Power Allots 15,500 Shares Under ESOP 2021; Paid-up Capital Rises CG Power and Industrial Solutions Ltd announced the allotment of 15,500 equity shares under its Employee Stock Option Plan 2021 (ESOP 2021). The allotment took place on April 17, 2026.Under the ESOP 2021 scheme, the company allotted the shares to an eligible employee upon the exercise of granted stock options. The allotted shares are each of face value Rs. 2/- and were issued at an Exercise Price of Rs. 595.45 per share. The newly issued equity shares rank pari-passu with all existing equity shares of the company.The allotment resulted in an increase in the paid-up equity share capital of the company.MetricPrevious ValueNew ValuePaid-up Equity CapitalRs...

MIRC Electronics Limited Board Approves Redevelopment and Monetization of Key Properties MIRC Electronics Limited announced that its Board of Directors held a meeting on April 17, 2026, approving significant strategic actions concerning the company's property portfolio. The board reviewed and sanctioned plans for both the redevelopment and sale of an urban property and the monetization of a large land parcel in a district outside Mumbai.During the meeting, the Board addressed the company's property located in Mumbai, known as 'Onida House'. The property, situated in Mumbai and measuring approximately 2,143 square meters, was subject to consideration for redevelopment, sale, or transfer. The Board formally noted that any such...

Vaxfab Enterprises Ltd Reports Capital Increase Following Preferential Allotment of Equity Shares Vaxfab Enterprises Ltd announced a significant increase in its paid-up equity share capital, following the approval of the allotment of equity shares to multiple investors. The board meeting held on April 17, 2026, authorized the company to allot 13,28,861 Equity Shares through a preferential basis.The allotment involves the conversion of existing warrants into fully paid up equity shares. Each share has a face value of Rs. 10/- (Rupee Ten Only), and the shares were allotted at a price of Rs. 21.02/- (Rupees Twenty One and Two Paisa Only). These newly allotted equity shares are set to rank pari-passu with the company's existing equity...

Cipla Undergoes USFDA Inspection at Goa Facility; Issues Two Observations Cipla Ltd has reported that its manufacturing facility in Verna, Goa, India, underwent a USFDA inspection. The inspection took place over an eleven-day period, spanning from April 6 to April 17, 2026.The inspection covered both a routine Current Good Manufacturing Practices (cGMP) review and a Pre-Approval Inspection (PAI).Following the completion of the audit, the company received two inspectional observations, detailed in Form 483. Cipla stated that it is committed to addressing these observations comprehensively and will work closely with the USFDA to resolve the matters within the stipulated time.CIPLA Stock Price Movement Today, Cipla Limited shares...

SC Agrotech Ltd Appoints Saurabh as Additional Non-Executive Independent Director SC Agrotech Ltd has announced the appointment of Mr. Saurabh as an additional Non-Executive Independent Director. The decision was approved by the Company’s Board of Directors, based on a recommendation from the Nomination and Remuneration Committee of the Board.The appointment of Mr. Saurabh (DIN: 10790325) as a Non-Executive Independent Director (Additional) is effective from April 17, 2026. The Board Meeting, which approved the measure, commenced at 4:00 PM and concluded at 4:30 PM on April 17, 2026.New Director Details The Company confirmed that Mr. Saurabh is not related to any of the existing directors.The details concerning the appointment of...

Trom Industries Limited Secures Domestic Order for 600 KW Solar Power Plant Trom Industries Limited announced on April 17, 2026, that it has received a purchase order from M/s. P R Polyplast for a solar power project. The agreement involves the supply, design, installation, testing, and commissioning of a grid interactive 600 KW solar power plant.The order is classified as a domestic contract, with the scope covering the complete execution of the solar power plant.The total value of the contract has been reported as INR 1,71,19,080.00/-. Trom Industries Limited noted that the supply for this project is expected to be completed within a 12-month period.Key details regarding the order awarded to Trom Industries Limited are...