Markets

Aurobindo Pharma Secures USFDA Approval for Dextromethorphan Extended-Release Oral Suspension Aurobindo Pharma Limited has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market its Dextromethorphan Polistirex Extended-Release Oral Suspension, 30 mg/5 mL (OTC). The product is recognized as being both bioequivalent and therapeutically equivalent to the reference listed drug (RLD), Delsym Extended-Release Oral Suspension, 30 mg/5 mL, originally marketed by RB Health (US) LLC.The approved product is scheduled for launch in Q2FY27 and will be manufactured at Unit-IV of APL Healthcare Limited, a wholly owned subsidiary of the company.The OTC suspension is indicated to temporarily relieve minor...

Zensar Technologies Board Meeting Scheduled for April 24, 2026, to Review FY26 Results Zensar Technologies Ltd has announced that its Board of Directors will convene a meeting on Friday, April 24, 2026. The primary agenda focuses on the review and approval of the company's audited financial results for the quarter and full financial year ended March 31, 2026, alongside the recommendation for dividends.At the scheduled board meeting, the directors are set to consider and approve two key items:1. Audited Financial Results: The audited Standalone and Consolidated Financial Results of the company for the quarter and financial year ended March 31, 2026, along with the accompanying Auditor's Report. 2. Dividend Recommendation: The...

Tamil Nadu Newsprint & Papers Ltd Board Meeting Scheduled for March 2026 Results Tamil Nadu Newsprint & Papers Limited, a manufacturer of bagasse-based eco-friendly paper, has announced a meeting of its Board of Directors to discuss its financial performance for the period ending March 31, 2026.The Board meeting is scheduled for Friday, April 24, 2026. The meeting will take place at the Company's Registered Office in Chennai.The primary agenda for the Board includes taking on record the Audited Financial Results (Standalone) for both the quarter and the year that ended March 31, 2026. Furthermore, the Board will consider and recommend any dividend for the financial year ended March 31, 2026.In addition to the financial...

Sarla Performance Fibers Ltd. Board to Meet on April 22 to Approve FY26 Results, Recommend Dividend, and Consider Buyback Sarla Performance Fibers Ltd. has scheduled a meeting of its Board of Directors for Wednesday, April 22, 2026. The meeting is set to address key financial decisions, including the approval of the audited financial results for the quarter and financial year ending March 31, 2026, and recommendations regarding the company's dividend and share buyback.The board agenda is slated to cover several critical areas for the company. Key business items to be considered and approved include:Financial Results: Approval of the audited standalone and consolidated financial results for the quarter and financial year ended March...

Richfield Financial Services Approves Private Placement of Rs 15 Crore Worth of Non-Convertible Debentures Richfield Financial Services Ltd announced that its Board of Directors approved plans to raise funds through a private placement of Non-Convertible Debentures (NCDs). The approval was made during the board meeting held on April 17, 2026.The company plans to issue a total of 1,50,000 Nos. Secured Redeemable Series V Non-Convertible Debentures (NCDs), each valued at Rs. 1,000. This issuance aggregates to a total fund size of Rs. 15,00,00,000/-, or Fifteen Crore Rupees. The funds are slated to be raised via Private Placement in one or more tranches to identified persons.The details regarding the proposed fund raising and the...

Johnson Pharmacare Ltd Announces Director Appointments and Resignations Johnson Pharmacare Ltd. held a Board of Directors meeting on April 17, 2026, during which the board considered and approved several significant changes to the company's directorial structure, including two new appointments and two resignations.The board officially appointed Mr. Nand Kishore Ray and Mr. Dheeraj Kumar to key roles within the company.Mr. Nand Kishore Ray was appointed as an Additional Non-Executive and Non-Independent Director, effective April 17, 2026. Mr. Ray's profile details include:FieldDetailsNameMr. Nand Kishore RayFather's NameMr. Kalewar RayDate of birth01/01/1956DIN11626638Mr. Dheeraj Kumar was appointed as an...

Royal India Corporation Ltd Sees Executive Director Ikerath Joseph Sam Step Down Royal India Corporation Ltd announced the resignation of Mr. Ikerath Joseph Sam from the post of Executive Director (Business Development and Marketing). The director's departure from the Company's Board of Directors was effective from April 16, 2026, following his submission of a resignation letter.Mr. Sam stated that his resignation is due to other commitments and his desire to pursue other opportunities. In his resignation communication, he wished the Board and the Promoters well for their future endeavors. Mr. Sam also indicated his availability for one month to complete any required handover assistance.The Company confirmed that Mr. Sam has stated...

Jamna Auto Subsidiary Faces GST Show Cause Notice for ITC Discrepancy Jamna Auto Industries Limited reported that its subsidiary, Jai Suspension Systems Private Limited, received a Show Cause Notice (SCN) concerning Goods and Services Tax (GST) matters. The notice was issued by the Office of the Joint Commissioner of Central GST, Audit Commissionerate, Dehradun, for the audit period spanning FY 2021-22 to FY 2023-24.The SCN, dated April 10, 2026, was received by the subsidiary on April 16, 2026. The central issue relates to a demand of tax resulting from a reported difference in Input Tax Credit (ITC) between the annual return (GSTR-9) and the ITC availed in GSTR-3B.Regarding the financial implications, the GST Authority has...

Blue Blends Approves Unaudited Financial Results for Q1 to Q4 FY26 Amid Resolution Plan Implementation Blue Blends (India) Ltd announced that its Board of Directors approved the Unaudited Standalone and Consolidated Financial Statements for the financial year 2025, covering quarters ended June 30, 2025; September 30, 2025; and December 31, 2025. These results were approved during the Board Meeting held on April 17, 2026.The company also provided an update on its ongoing Corporate Insolvency Resolution Process (CIRP) status, noting that the Board considered the financial statements for the quarter ended June 30, 2025, and the quarter and half year ended on September 30, 2025, in addition to the full year-to-date figures.Corporate...

SGL Resources Ltd Secures Order of Rs. 14 Lakhs from Ananth Technologies SGL Resources Ltd has secured a domestic order worth Rs. 14 Lakhs. The contract involves the supply of specialized software and applications from Ananth Technologies Private Limited.The order, categorized as a purchase of software and application, was awarded by Ananth Technologies Private Limited and is expected to be executed within a timeframe of one year.The company confirmed that the transaction is not classified as a related party transaction and that there is no interest held by the promoter or promoter group in the entity that awarded the order.The core details of the secured order are summarized below:ParticularsDetailsName of the Entity...

RR MetalMakers India Ltd Completes Sale of Gujarat Undertaking to Ojas Ecopower Limited RR MetalMakers India Limited has completed the sale of its undertaking/plant located in Gujarat. The sale of the unit, situated at Survey. No. 36, Nr. Navavas Village, Dehgam -Dhansura Road, Tal: Talod, Dist.: Sabarkantha, Gujarat, was finalized on April 16, 2026.The transaction was initiated through a previously executed Memorandum of Understanding (MOU) with Ojas Ecopower Limited, Ahmedabad.The company announced that the total consideration received from the disposal amounts to Rs. 2.65 crores plus applicable taxes.Transaction Details The sale involves the disposal of the unit to Ojas Ecopower Limited, which operates from Flat No.23, 3 rd...

Yuranus Infrastructure Ltd Announces Final Dividend and Releases Audited Financial Results for FY 2025-2026 Yuranus Infrastructure Ltd recently announced the outcome of its Board Meeting held on April 17, 2026. The Directors recommended a Final Dividend of INR 0.10 per Equity Share, which has a face value of INR 10 each. This dividend is subject to the approval of the company's shareholders at the forthcoming Annual General Meeting.The company also released its audited standalone financial results for the year ended March 31, 2026, which were approved and taken on record during the Board Meeting.Financial Performance Highlights The company's financial statements provide a comprehensive view of its performance across various periods...

Shri Ashutosh Gautam Appointed Executive Director (Civil) at Rail Vikas Nigam Limited Rail Vikas Nigam Limited (RVNL) announced the appointment of Shri Ashutosh Gautam as the Executive Director (Civil), effective April 17, 2026. The appointment sees Mr. Gautam rejoin the company, placing him within the organization's Senior Management Personnel.The appointment formalizes Mr. Gautam's role in the E-9 grade, falling under the CPSE (IDA) pay scale of R1,50,000-3,00,000. He assumed duty at the Corporate Office in New Delhi on the effective date.The key details of the senior management change are summarized below:ParameterDetailNameShri Ashutosh GautamDesignationExecutive Director (Civil)Effective DateApril 17, 2026Term...

IPO Pipeline Under SEBI Review: Key Filings Await Regulatory Clearance After Processing Status Update The regulatory landscape for Initial Public Offerings (IPOs) remains highly scrutinized, as the Securities and Exchange Board of India (SEBI) releases its weekly processing status report. This report dictates the timeline for unlisted companies seeking to launch public offerings.SEBI mandates strict adherence to the Issue of Capital and Disclosure Requirements (ICDR) Regulations, 2018. These regulations require every issuer planning an IPO to file a draft offer document through a designated merchant banker. The report provides a critical snapshot of filings pending observation.Draft Offer Documents Actively Under SEBI Review As of...

UltraTech Cement Crosses 200 Million Tonnes Per Annum Capacity Milestone with New Units UltraTech Cement Limited, the cement flagship of the Aditya Birla Group, announced that it has surpassed 200 million tonnes per annum (MTPA) of installed cement manufacturing capacity in India. The milestone was reached following the company's commissioning of three new cement grinding units.The three units are located in Shahjahanpur (Uttar Pradesh), Patratu (Jharkhand), and Vizag (Andhra Pradesh). These strategically positioned additions are set to strengthen regional supply chains, serving North India's construction corridor, the industrial heartland of Jharkhand, and Andhra Pradesh's rapidly urbanizing coastal belt.With the commissioning of...

Bridge Securities Ltd Announces Audited Financial Results for FY 2026 and Key Auditor Appointments Bridge Securities Limited announced its audited financial results for the quarter and the year ended March 31, 2026, alongside critical updates to its internal and secretarial audit appointments. The results and governance decisions were approved by the Company's Board of Directors during the meeting held on April 17, 2026.During the board meeting, the directors considered and approved the company's audited financial results for the quarter and year ended on March 31, 2026, along with the accompanying Auditor's Report.Financial Performance Highlights The Company reported key financial metrics for the period ending March 31, 2026. Total...

Quadrant Televentures Ltd Appoints Mr. Umesh P Srivastava as Chief Financial Officer Quadrant Televentures Ltd has appointed Mr. Umesh P Srivastava as its Chief Financial Officer (CFO), effective April 16, 2026. The appointment was approved by the Committee of Creditors. The company remains under the Corporate Insolvency Resolution Process, which commenced on September 2, 2025.In addition to serving as CFO, Mr. Umesh P Srivastava currently holds the position of Company Secretary for Quadrant Televentures Ltd.The professional details of the appointment are as follows:ParticularsDetailNameMr. Umesh P SrivastavaReason for ChangeAppointmentDate of AppointmentApril 16, 2026QualificationCompany SecretaryExperienceRich...

RDB Infrastructure And Power Signs Binding Term Sheet to Acquire Green Energy Solution RDB Infrastructure And Power Ltd has signed a Binding Term Sheet for the proposed acquisition of M/s Arankam Green Energy Solution. This agreement, finalized on April 17, 2026, aims to bolster the company’s presence in the renewable energy sector and facilitate the commercialization of a key solar power project.The acquisition targets M/s Arankam Green Energy Solution, a Special Purpose Vehicle (SPV) established to manage long-term power purchase agreements for solar power projects within India.The primary objective of the acquisition is linked to the completion and commercialization of a 6.3 MW renewable energy project. This specific plant is set...

SGL Resources Ltd Secures Rs. 88.50 Lakhs Domestic Software Contract SGL Resources Ltd, formerly known as Scanpoint Geomatics Limited, has secured an order valued at Rs. 88.50 Lakhs. The contract was awarded by Technosys Integrated Solutions Pvt. Ltd., marking a significant domestic contract for the company.The awarded order pertains to the purchase of software and applications, specifically covering the supply of IGIS Suite, Desktop, customized GIS web application development, and GIS based integration services. The contract is set for execution within one year.In this domestic transaction, SGL Resources Ltd confirmed that the awarding entity, Technosys Integrated Solutions Pvt. Ltd., does not have any interest from the promoter or...

Himatsingka Seide Ltd Reports Update on Ongoing Litigation with Income Tax Appellate Tribunal Himatsingka Seide Ltd provided details regarding its ongoing litigation and disputes, outlining the current status of proceedings before the Income Tax Appellate Tribunal, Kolkata. The update pertains to cases filed against the Assistant Commissioner of Income Tax.The core dispute involves transfer pricing adjustments related to three areas: 1. Corporate Guarantee provided by the Company to its subsidiaries. 2. Loan provided by the Company to Twill & Oxford LLC (a voluntary liquidated associate company) and Himatsingka America Inc., a step-down subsidiary. 3. The classification of investment in Bellora as Revenue in nature, given that the...