Markets

Dhampur Sugar Mills Limited Issues Commercial Paper of ₹100 Crores to Kotak Mahindra Bank Dhampur Sugar Mills Limited announced the issuance and allotment of Commercial Papers (CP) amounting to ₹100 Crores on April 15, 2026. The security was issued in favour of Kotak Mahindra Bank Limited.The CP will be listed on the BSE Limited.Details regarding the Commercial Paper issuance include the following figures and terms:Description of the SecurityCommercial PaperISININE041A14134Number of CP2000Allotment Date15-04-2026Maturity Date29-06-2026Tenure (in days)75Rate of Interest6.95%Issue Value (in Rs.)98,59,20,000/-Redemption Value (in Rs.)100,00,00,000/-Issued in favour ofKotak Mahindra Bank LimitedCredit...

IDFC First Bank Approves Grant of 17,30,000 Stock Options to New Employees IDFC First Bank Ltd.'s Nomination & Remuneration Committee (NRC) has approved the granting of stock options to eligible new employees. The options are administered under the 'IDFC FIRST Bank Limited - Employee Stock Option Scheme' and total 17,30,000 units.The company confirmed that the stock options are being granted as part of respective employment offers with the core objective of incentivizing, encouraging, and attracting talent within the institution.The stock options are structured to ensure gradual realization and continued commitment from the employees.The key parameters governing the options are detailed below:ParameterDetailsTotal Options...

Zelio E Mobility Appoints Divyanshu Agarwal as Chief Executive Officer Zelio E Mobility Ltd., a manufacturer and assembler of Electric Scooters, Bikes, and E-Rickshaws, has appointed Mr. Divyanshu Agarwal as its Chief Executive Officer (CEO). The appointment, approved by the company’s Board of Directors, is effective from April 15, 2026.Mr. Divyanshu Agarwal, a Chartered Accountant, brings diverse experience across finance, strategy, business growth, and technology to the role.The board’s approval for the appointment was based on the recommendation of the Nomination and Remuneration Committee.Professional Background Mr. Agarwal has been associated with NaviLimited since November 2021. In his current capacity, he has served as the...

Sumeru Industries Ltd Announces Board Meeting to Review Audited Financial Results Sumeru Industries Ltd has scheduled a Board Meeting to review and approve the audited financial results for the quarter and year ended on March 31, 2026. The meeting is set to take place on Thursday, April 23, 2026, at 2:00 PM.The company also issued details regarding the closure of its trading window. The trading window for Sumeru Industries Ltd remains closed starting from April 1, 2026. This restriction will continue until the end of 48 hours following the official announcement of the audited financial results.During this mandated period, the company confirmed that any purchase, sale, or dealing in the shares of Sumeru Industries Ltd is prohibited...

Fedbank Financial Services Allots 24,500 Equity Shares via Employee Stock Option Exercise Fedbank Financial Services Ltd confirmed the allotment of 24,500 equity shares following the exercise of vested stock options by its employees. The shares were allotted on April 15, 2026, under the framework of the 'Fedbank Financial Services Limited -Employees Stock Option Scheme, 2018'.The allotment was approved by the Committee of Directors (Operations) and represents an increase in the company's paid-up share capital.The infusion of capital has modified the company’s share structure, as detailed below:MetricBefore AllotmentAfter AllotmentPaid-up Share CapitalRs. 3,74,22,71,010/-Rs. 3,74,25,16,010/-Total Equity...

India Tourism Development Corporation Announces Independent Director's Tenure Completion India Tourism Development Corporation Limited announced the cessation of Shri Manan Kaushal as its Independent Director. The change in the board composition is attributed to the completion of his stipulated tenure.Shri Manan Kaushal, bearing DIN: 09477888, concluded his role as an Independent Director of the company effective April 15, 2026.The details regarding the change in directorship include:ParticularsDetailsIndependent DirectorShri Manan KaushalDIN09477888Reason for ChangeCompletion of tenureDate of CessationApril 15, 2026This change confirms Shri Manan Kaushal's departure from the board, marking the end of his service...

KVS Castings Ltd Approves Re-appointment of Independent Director and Key Board Approvals KVS Castings Ltd announced the outcomes of its Board meeting held on April 15, 2026. The Board considered and recommended the re-appointment of Mr. Jaswinder Singh Ahluwalia as an Independent Director (Non-Executive Director) for a second term spanning five consecutive years.The re-appointment of Mr. Ahluwalia is subject to the approval of the company's members via a Special Resolution through Postal Ballot and e-voting.Board's Key Approvals During the board meeting, several important operational and governance decisions were approved. The Board confirmed the recommendation for the re-appointment of Mr. Ahluwalia and subsequently approved the...

Godawari Power Increases Investment in Subsidiary Godawari New Energy for BESS Plant Godawari Power and Ispat Ltd (GPIL) has significantly increased its stake in its wholly owned subsidiary, Godawari New Energy Private Ltd (GNEPL). The capital infusion was made to support the setting up of a 20 GWh Battery Energy Storage System (BESS) Plant in its first phase.In an update concerning its energy ventures, GPIL reported the allotment of 5,00,00,000 Equity Shares of Rs. 10 each, aggregating to Rs. 50.00 Crores, on a rights basis to GNEPL on April 15, 2026.This investment further solidifies GPIL's involvement in the rapidly growing energy sector, particularly in Battery Energy Storage Systems. The transaction increases GPIL's overall...

REC Ltd Board Approves Appointment of Shri Rajesh Kumar as Director (Finance) and CFO REC Ltd. announced that its Board of Directors held a meeting on April 15, 2026. During the meeting, the board considered and approved the appointment of Shri Rajesh Kumar.Shri Rajesh Kumar has been appointed to the roles of Director (Finance) and Chief Financial Officer (CFO) of the company. The appointment is effective as of April 2, 2026.The board meeting commenced at 3:00 p.m. and concluded at 4:50 p.m.RECLTD Stock Price Movement Today, REC Limited shares edged higher, settling at ₹352.65 after gaining 1.69%. The equity recorded robust activity, finishing the session on a total volume of 5.66 million shares.Source:

LEEL Electricals Completes Extensive Capital Restructuring Amid Takeover by Krishna Ventures Limited LEEL Electricals Limited, formerly known as Lloyd Electric & Engineering Limited, has undergone significant capital restructuring following its acquisition process. The company has recorded multiple corporate actions aimed at reorganizing its share capital in alignment with the takeover by Krishna Ventures Limited (KVL), the successful auction purchaser.The process began with the company's initiation of sale proceedings. The Acquirer, Krishna Ventures Limited, subsequently began the complete takeover of the company, including its records and papers. A new management was inducted onto the board of the entity effective July 1, 2024.The...

Inflame Appliances Ltd Announces Whole-Time Director Resignation and Additional Director Appointment Inflame Appliances Ltd has announced significant changes to its board structure, confirming the resignation of a Whole-time Director and the appointment of an Additional Director. The changes were formalized during a Board meeting held on Wednesday, April 15, 2026.The Board of Directors noted the resignation of Mr. Ashwani Kumar Goel (DIN-08621161) from the position of Whole-time Director, effective April 15, 2026, citing personal reasons.In a related development, the Board approved the appointment of Mr. Amit Kaushik as an Additional Director of the Company, effective April 15, 2026. This appointment is subject to the subsequent...

Supreme Industries Ltd. to Hold Board Meeting to Consider FY 2026 Results and Potential Dividend Supreme Industries Ltd. has announced that its Board of Directors will convene a meeting on Monday, April 27, 2026. The meeting is scheduled to consider the company's audited financial results for the Financial Year ended March 31, 2026, alongside a recommendation for a dividend on its equity shares, if deemed appropriate.During the board meeting scheduled for April 27, 2026, the company will specifically address two key agenda items. The first is the review of the Audited Financial Results for the Financial Year ended March 31, 2026. The second item on the agenda is the recommendation of a dividend on equity shares.In connection with...

Trustwave Securities Announces Record Date for Reduction in Paid-up Share Capital Trustwave Securities Ltd, formerly known as Sterling Guaranty & Finance Limited, has announced the fixing of a Record Date to effect the reduction of its paid-up share capital. This move follows the approval of the Scheme of Reduction in Share Capital by the National Company Law Tribunal (NCLT), Mumbai Bench.The company stated that during its Board Meeting held on April 15, 2026, it fixed Monday, April 27, 2026, as the Record Date for the reduction of paid-up Equity Share Capital. This reduction is giving effect to the Scheme of Reduction approved by the NCLT, Mumbai Bench, through an order dated March 19, 2026.Changes in Capital Structure With effect...

Rose Merc Acquires 30.01% Stake in Pezon.in, Targeting Digital Finance Growth Rose Merc Limited has entered the fast-growing fintech sector with a strategic investment in Virtual Gain Technologies Private Limited, the company operating the digital platform Pezon.in. Through a binding agreement, Rose Merc will acquire a 30.01% stake in the company for ₹1 crore, marking the company's expansion into the realm of digital finance.Pezon.in is developing a technology-led financial platform focused on simplifying and expanding access to digital finance. The investment positions Rose Merc to participate directly in India's expanding digital economy, emphasizing payments infrastructure, Peer-to-Peer (P2P) transactions, and next-generation...

Rama Steel Tubes Limited Receives Administrative Warning from SEBI Regarding Trading Activities Rama Steel Tubes Limited announced the receipt of an administrative warning letter from the Securities and Exchange Board of India (SEBI) concerning observations related to the company’s trading activities.The warning letter addresses alleged non-compliances with certain provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, specifically concerning the financial year 2022-23.Key details regarding the warning are as follows:DetailDescriptionAuthority Issuing WarningSecurities and Exchange Board of India (SEBI)Nature of ActionAdministrative warning letterDate of ReceiptApril 15, 2026Alleged Violation...

Tulsi Extrusions Limited Approves Unaudited Financial Results for Quarter and Half Year Ended September 30, 2025 Tulsi Extrusions Limited announced that its Board of Directors, at a meeting held on April 15, 2026, considered and approved the Unaudited Standalone Financial Results for the Quarter and Half year ended September 30, 2025.The company also provided an update regarding the delay in submitting the financial results, attributing the delay to the complex processes following the revival of the company from liquidation proceedings.Financial Performance Overview The financial results cover the Quarter and Half year ended September 30, 2025. The company's financial statements reflect a Total Income of 664.45 (Unaudited) for the...

Hero MotoCorp Announces Investor Insights Leadership Conclave on April 18, 2026 Hero MotoCorp Ltd. has announced an Investor Insights Leadership Conclave, scheduled for April 18, 2026. The event is slated to be a management interaction centered on the company’s leadership team.Details regarding the upcoming conclave are presented below:ParticularsDate of MeetingVenueType of MeetingNature of MeetingInvestor Insights - Leadership Conclave - 2026April 18, 2026Sohna, HaryanaManagement InteractionLeadership TeamHEROMOTOCO Stock Price Movement Today, Hero MotoCorp Limited shares edged higher, settling at ₹5287.5, up 0.65%. The stock saw robust trading activity, with 651,858 shares transacted during the day.Source:

Ujaas Energy Ltd Appoints Mrs. Geeta Mundra as Additional Director and Chairperson Ujaas Energy Ltd. announced that its Board of Directors, at a meeting held on April 15, 2026, approved the appointment of Mrs. Geeta Mundra to key leadership roles within the company.The Board approved Mrs. Geeta Mundra’s appointment as an Additional Director (Non-Executive, Non-Independent) and designated her as the Chairperson of the board of directors. These appointments are effective from the close of business hours on April 15, 2026, and are subject to the subsequent approval of the Company's shareholders.The Board of Directors held its meeting on April 15, 2026, at the Company's Registered Office in Indore. The meeting commenced at 01:30 P.M...

iSERA Lifesciences Announces Board Meeting to Consider Preferential Issue of Equity Shares iSERA Lifesciences Limited, formerly known as Covid Technologies Limited, has scheduled a Board Meeting of its Directors for Monday, April 20, 2026. The primary agenda for the meeting is the consideration and approval of a preferential issue of the Company's equity shares on a private placement basis.The meeting will address the preferential issue of equity shares alongside several other business matters. This update provides stakeholders with details regarding the corporate action planned by the management.Stock Price Movement At the close of trade today on Wednesday, Covidh Technologies Ltd. finished up, settling at ₹65.88, marking a strong...

Timken India Ltd Board Meeting Scheduled for May 14, 2026, to Approve Financial Results and Dividend Timken India Ltd has announced that its Board of Directors will convene a meeting on Thursday, May 14, 2026. The board meeting is scheduled to consider and approve critical company financial updates and the recommendation of a dividend for the fiscal year ended March 31, 2026.The meeting agenda includes two primary items of business:Agenda ItemDetailsFinancial ResultsConsideration and approval of the Audited Standalone and Consolidated Financial Results of the Company for the quarter and the year ended March 31, 2026.Dividend RecommendationRecommendation of a dividend on equity shares of the Company for the year ended March...