Markets

Birlasoft Ltd, a technology arm of the CKA Birla Group, has been recognized as a Leader in the Manufacturing Industry Services and Solutions study by Information Services Group (ISG). This recognition highlights the company's specialized capabilities in delivering end-to-end, outcome-driven digital transformation for manufacturers globally.Birlasoft secured leadership positions in two critical areas: Supply Chain & Aftermarket Services and Technology, and Transformation & Consulting Services. This achievement underscores the company's deep domain knowledge, combined with its differentiated portfolio of proprietary Intellectual Property (IP), platforms, and accelerators designed to support intelligent, connected, and sustainable...

MIC Electronics Ltd Secures Major Contracts with Central and Southern Railways MIC Electronics Ltd has recently announced the securing of two significant contract wins from the Indian Railways sector, enhancing its position in the railway infrastructure and telecommunications assets market. The contracts involve crucial projects for both the Central Railway (CR) and the Southern Railway (SR) zones.The company received a Letter of Acceptance (LOA) from the Signal and Telecommunication (S&T) department of the Nagpur Division, Central Railway (CR) Zone of Indian Railways. This contract pertains to the Supply, Installation, Testing & Commissioning of Telecom assets and Passenger amenities IPIS at the Wardha station in the Nagpur division...

Signature Global and Tonino Lamborghini Partner for Luxury Residential Project in Gurugram Signature Global (India) Limited, a leading real estate developer, has announced a strategic collaboration with the iconic Italian lifestyle brand Tonino Lamborghini. The partnership aims to develop a landmark premium residential project in Sector 71, Gurugram, introducing an exclusive Italian residential experience into the Indian market.The development is slated to be branded as 'Tonino Lamborghini Residences Gurugram.' Spread across approximately 12.40 acres, the project will feature 812 premium residences designed in 3, 4, and 4.5 BHK configurations, located on Sector 71, Southern Peripheral Road, recognized as one of Gurugram's...

HDFC AMC Approves Grant of 70,535 Equity Shares Through ESOP and PSU Scheme - 2025 HDFC Asset Management Company Ltd (HDFC AMC) announced the approval of a grant of Employees Stock Options (Options) and Performance-linked Stock Units (PSUs) under the Employees Stock Options and Performance-linked Stock Units Scheme - 2025. The approval was granted by the Nomination & Remuneration Committee (NRC) of the Board of Directors on April 16, 2026.The scheme facilitates the grant of 70,535 Equity Shares, representing a total value across both Options and PSUs. These units are allocated to eligible employees of HDFC AMC and its Wholly Owned Subsidiary, HDFC AMC International (IFSC) Limited.The grant details are structured as follows...

Sameera Agro And Infra Limited Plans Rs. 140 Crore Investment to Boost Processing Capacity Sameera Agro And Infra Limited is undertaking a significant strategic initiative aimed at enhancing its operational efficiency and securing multiple avenues for revenue and business growth. The company's management has formulated a strategic investment proposal focused on setting up an integrated processing unit.The proposed investment for the new integrated unit is valued at Rs. 140 Crores (One hundred Forty crores only). This capital infusion is earmarked to build additional processing capacity, significantly expanding the company's handling capabilities.The planned capacity expansion is detailed as follows:MetricCapacity DetailsNew...

Alembic Pharmaceuticals Limited announced on April 16, 2026, that it secured final approval from the U.S. Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) covering Methotrexate Injection USP.The approved product addresses two formulations: Multi-Dose Vials of 50 mg/2 mL (25 mg/mL) and Single-Dose Vials of 1g/40 mL (25 mg/mL). This approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Methotrexate Injection USP, manufactured by Hospira, Inc.Methotrexate Injection is a folate analog metabolic inhibitor used in the treatment and prophylaxis of several conditions. Its indicated uses include neoplastic diseases, such as Acute Lymphoblastic Leukemia, Meningeal Leukemia...

Coforge Limited Approves Allotment of 39,681 Shares Under ESOP Scheme Coforge Limited announced the approval of the allotment of 39,681 equity shares under its Employee Stock Option Plan (ESOP). The allotment, which was approved by the ESOP Allotment Committee, took place on April 15, 2026.Following this action, the paid-up share capital of Coforge Limited increased to 33,58,50,618 equity shares. The shares have a face value of Rs. 2 each, aggregating to a total value of Rs. 67,17,01,236.The company noted that it is currently finalizing the necessary formalities related to the issue and listing of the shares.COFORGE Stock Price Movement Shares of Coforge Limited are edging higher to ₹1303.00 as of 11:05 AM today, rallying 1.58% in...

Wendt (India) Ltd Board Meeting Scheduled to Approve Financial Results and Consider Final Dividend Wendt (India) Ltd has announced that a meeting of its Board of Directors is scheduled for Friday, April 24, 2026. The primary objectives of the meeting include considering and approving the Audited financial results for the financial year ended March 31, 2026.During the Board meeting, the company will also consider the Final Dividend for the financial year 2025-26. The Board of Directors is set to address these key financial matters on the stated date.WENDT Stock Price Movement As of 10:59 AM, shares of Wendt (India) Limited are slipping by 0.48% in live trading, currently trading at ₹6999. The stock registered significant buying...

NTPC Announces Completion of Tenure for Independent Director NTPC Ltd announced that Shri Anil Kumar Trigunayat has completed his tenure as an Independent Director of the company. The departure occurred following the conclusion of his one-year term on April 15, 2026.Shri Anil Kumar Trigunayat, holding DIN 07900294, has ceased to hold the position of Independent Director. This change marks the completion of his tenure, which spanned one year.NTPC Stock Price Movement Shares of NTPC Limited are edging higher to ₹393.9 as of 10:52 AM today, gaining ₹1.30 or 0.33% in live trading. The stock is currently trading amid strong momentum, touching a 52-week high of ₹397.25 and seeing robust activity with 2.73 million shares traded.Source:

ABD Maestro Wins 'Distiller of the Year' at Icons of Whisky India Awards 2026 ABD Maestro Pvt. Ltd., the super-premium and luxury spirits subsidiary of Allied Blenders & Distillers (ABD), has secured the prestigious title of 'Distiller of the Year' at the Icons of Whisky India Awards 2026. The recognition, announced on April 16, 2026, marks a significant milestone for the company, which is celebrating its first anniversary with a diverse portfolio of ten brands spanning multiple distinct categories and expressions.The 15th edition of the Icons of Whisky Awards, held in Gurugram, celebrated excellence across the Indian whisky industry. The accolades serve as an international benchmark for innovation, craftsmanship, and leadership in...

Amir Chand Jagdish Kumar (Exports) Ltd Announces Unaudited Financial Results for Nine Months Ended December 31, 2025 Amir Chand Jagdish Kumar (Exports) Limited announced that its Board of Directors approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025, during a meeting held on April 16, 2026. These results were reviewed by the Statutory Auditors, Pramod K. Sharma & Co.The company successfully completed its Initial Public Offering (IPO) of 20,754,716 equity shares with a face value of Rs. 10 each at an issue price of Rs. 212 per share, with the listing occurring on April 2, 2026, on the National Stock Exchange and BSE Limited. Proceeds amounting to Rs. 4111.14...

Onesource Specialty Pharma Achieves 'Leader' ESG Rating of 73 for FY25 Onesource Specialty Pharma Ltd has received an Environmental, Social, and Governance (ESG) Rating of '73' from NSE Sustainability Ratings & Analytics Limited. The assignment positions the company in the 'Leader' rating category for the financial year FY25.NSE Sustainability Ratings & Analytics Limited independently assigned the ESG rating to Onesource Specialty Pharma Ltd. The rating was based on information pertaining to the company’s performance for the financial year FY25, which was available in the public domain.The specialized rating by NSE Sustainability highlights the company's standing across key ESG parameters.Below are the material details of the ESG...

Enviro Infra Engineers Strengthens Order Book with Multi-Segment Project Wins, Projects ₹ 2000 Crore Revenue Visibility in FY2027 Enviro Infra Engineers Limited (EIEL), a leading EPC company specializing in water and wastewater treatment, has reported significant order inflows since March 2026, substantially strengthening its order book and providing clear revenue visibility for the medium term. The company's diversified portfolio across water and renewables is driving its growth momentum.The company secured new orders aggregating to over ₹ 2,240 crore across its water, wastewater, and renewable energy segments since March 2026. This inflow comprises more than ₹ 1,170 crore from the water and wastewater segment and over ₹ 1,070 crore...

Elitecon International Secures Long-Term Supply Contract Valued at INR 2.02 Billion Elitecon International Ltd has secured a long-term supply contract for its tobacco products, marking a significant contract award in the international export sector. The order was awarded by Bozza Tobacco (PTY) Ltd, providing the company with substantial export visibility over the contract tenure.The contract, valued at INR 2.02 Billion, is for the supply of cigarettes and various tobacco-allied products, including brands such as Red and Black, B&W, Cape, Ossum, and Golden Flake.This long-term supply order is noted to provide the company with steady export visibility and supports the efficient utilization of manufacturing capacities. Experts suggest...

SEBI Eases Rules for Social Impact: NPOs Get Longer Window, Zero Coupon Bonds Subscription Cut to 50% In a significant move aimed at stimulating social capital and boosting non-profit funding, the Securities and Exchange Board of India (SEBI) has released a circular detailing major revisions to funding requirements for social enterprises. The regulatory changes specifically target Not for Profit Organizations (NPOs) accessing the Social Stock Exchange (SSE).The revisions, effective immediately, are designed to facilitate fund raising and encourage greater participation from the social impact sector. SEBI undertook this review in consultation with the Social Stock Exchange Advisory Committee (SSEAC).Key Changes Boost NPO Status on...

Alkyl Amines Chemicals Ltd. To Hold Board Meeting on May 5, 2026, to Approve FY2026 Results Alkyl Amines Chemicals Ltd. has scheduled a Board Meeting for Tuesday, May 5, 2026. The primary agenda of the meeting is to consider and approve the Audited Financial Results for the quarter and the full financial year ended March 31, 2026.During the meeting, the Board of Directors will also recommend a final dividend, if any, concerning the equity shares of the company for the financial year ending March 31, 2026.ALKYLAMINE Stock Price Movement On Wednesday, Alkyl Amines Chemicals Limited shares gained momentum, closing 1.88% higher to settle at ₹1404.7. The stock traded within a range of ₹1394.1 to ₹1412.8, recording a total volume of...

Axis Bank Allots Equity Shares Through ESOP Scheme, Increases Paid-Up Capital Axis Bank Ltd has announced the allotment of equity shares, marking an increase in the bank's paid-up share capital following the exercise of stock options and units under its ESOP/RSU Scheme.The bank allotted 1,17,723 equity shares, each carrying a face value of Rs. 2. This allotment occurred as part of the bank's ongoing ESOP/RSU Scheme, strengthening its capital base.The transaction resulted in a modest increase in the bank's paid-up capital. The financial details of the change are summarized below:MetricPre-Allotment StatusPost-Allotment StatusPaid-up CapitalRs. 6,216,644,200Rs. 6,216,879,646Total Equity Shares3,108,322,1003,108,439,823...

Syschem India Ltd Reports Cyber Fraud Incident Involving Rs. 1.96 Crore Funds Syschem India Ltd. has reported a significant incident involving the fraudulent transfer of funds due to cyber activity. The company identified that its funds were targeted through a cyber fraud scheme, specifically utilizing WhatsApp impersonation, resulting in a loss estimated at Rs. 1.96 Crore.The incident of unauthorized fund transfer was recorded on April 15, 2026, and was detected on the same date. The total amount involved in the transfer to unauthorized or fake accounts was Rs. 1,96,00,000/- (Rupees One Crore Ninety-Six Lakhs only).The company immediately initiated steps upon detecting the fraud to prevent further financial loss and to commence a...

Punjab National Bank Announces Senior Management Change; Smt. Mousumi Majumdar Appointed Group Chief Risk Officer Punjab National Bank has announced a change in its senior management, effective from April 15, 2026. The bank confirmed the appointment of Smt. Mousumi Majumdar to the role of Group Chief Officer Risk Leneral ' Chief Manager.Smt. Mousumi Majumdar has extensive experience in the banking sector, holding a Bachelor of Science (Chemistry) degree and being a Certified Associate of Indian Institute of Bankers (CAlIB). She brings over 34 years of banking expertise to her new capacity.The details of the management transition are as follows:DetailPrevious AssignmentNew AssignmentSmt. Mousumi MajumdarChief General Manager...

Suryachakra Power Corporation Reschedules Board Meeting for Q4 Results, Considers Name Change and Major Acquisitions Suryachakra Power Corporation Limited has rescheduled its Board of Directors meeting. Originally set for April 14, 2026, the meeting will now take place on Saturday, April 18, 2026. The primary agenda includes considering and approving the Unaudited Standalone Financial Results for the company for the quarter ended March 31, 2026.The company confirmed that the Trading Window for designated persons remains closed from Wednesday, April 1, 2026, until 48 hours after the financial results are made public.During the board meeting, the corporation plans to address several key corporate and operational matters. Key agenda...