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ACME Solar Subsidiary Commissions Final 4 MW, Reaching Full 100 MW Wind Power Capacity ACME Eco Clean Energy Private Limited, a subsidiary of Acme Solar Holdings Limited, successfully commissioned an additional 4 MW segment of its wind power project. This achievement, confirmed on April 13, 2026, marks the attainment of the project's full 100 MW capacity.The commissioned power project is located in Village: Titoda, Taluka: Sayla, Dist: Surendaranagar, Gujarat.The commissioning process was formally witnessed and confirmed by officials from the Gujarat Energy Development Agency (GEDA) and Paschim Gujarat Vij Company Limited (PGVCL). The company expects the formal certificate to be issued shortly.With the successful addition of the 4...

Bluspring Enterprises Completes Acquisition of LSG Sky Chefs India to Enter Aviation Catering Sector Bluspring New Horizon Two Private Limited, a wholly owned subsidiary of Bluspring Enterprises Limited, has entered into an agreement for the acquisition of 100% of the paid-up share capital of LSG Sky Chefs India Private Limited. The transaction was finalized via a Share Purchase Agreement (SPA) executed on April 13, 2026.The acquisition involves Bluspring New Horizon Two Private Limited dealing with Airline Catering and Retail Invest Asia Pacific Limited and Alfred Anton Rigler, who are the sellers. The transaction is structured as a cash consideration payment, subject to customary closing and post-closing adjustments.This strategic...

Lemon Tree Hotels Expands Portfolio to 269 Properties with 56 New Signings and 20 Openings in FY 2025-26 Lemon Tree Hotels Ltd., India's leading mid-priced hotel chain, reported significant growth in its portfolio during the fiscal year 2025-26. The company achieved this momentum through 56 new signings and the opening of 20 hotels, reinforcing its transition toward a disciplined, asset-light growth model.The company's active operational portfolio now exceeds 130 hotels, managing over 11,000 keys across 80 destinations. This capital-efficient strategy allows Lemon Tree Hotels to scale rapidly while maintaining strong operational consistency and partner alignment.The expansion saw a clear focus on high-growth urban markets, Tier II...

CARE Ratings Assign/Reaffirm Ratings for SAMHI Hotels Ltd. and Subsidiaries CARE Ratings Limited has issued ratings for the bank facilities of SAMHI Hotels Limited (SHL) and its subsidiaries, Argon Hotels Private Limited and Bargue Hotels Private Limited. The ratings cover various long term and short term bank facilities.According to the ratings provided, SAMHI Hotels Limited received confirmation and assignment of ratings for its bank facilities.The ratings for SAMHI Hotels Limited are detailed as follows:FacilitiesAmount (INR crore)RatingRating ActionLong Tem Bank Facilities228.32CARE A+; StableReaffirmedLong Term / Short Term Bank Facilities50CARE A+; Stable/ CARE AlAssignedLong Term / Short Term Bank...

Reliance Retail Stakes Off 100% Ownership in RPPMSL for Rs 274 Crore Reliance Retail Limited (RRL), a step-down subsidiary of Reliance Industries Limited, has completed the sale of its entire 100% equity stake in Reliance Projects & Property Management Services Limited (RPPMSL). The transaction sees the buyer, Jaipur Enclave Private Limited, acquire the stake for an aggregate consideration of Rs 274 crore.With the completion of this sale, RPPMSL will cease to be a subsidiary of Reliance Industries Limited. The company confirmed that the buyer, Jaipur Enclave Private Limited, is not affiliated with the promoter, promoter group, or group companies of Reliance Industries Limited.The transaction has been identified as not being a...

Poonawalla Fincorp Successfully Raises ₹2,500 crore Through Qualified Institutions Placement Poonawalla Fincorp Limited (PFL) has announced the successful completion of its Qualified Institutions Placement (QIP), raising a total of ₹2,500 crore. The capital infusion, which saw strong participation from institutional investors and long-term funds, is earmarked to support growth opportunities, expand PFL's lending operations, and further diversify its asset portfolio.The QIP was executed over a period beginning on April 9, 2026, and concluding on April 13, 2026. The subscription was drawn from a diversified pool of institutional investors, including Foreign Institutional Investors (FIIs), Domestic Mutual Funds (MFs), and Domestic...

5Paisa Capital Announces Allotment of Shares Following Rights Issue 5Paisa Capital Limited announced the finalization of its rights issue through its Board of Directors meeting held on Monday, April 13, 2026. The meeting considered and approved the allotment of Rights Equity Shares to eligible equity shareholders.The Board had previously approved the raising of funds by way of a rights issue to the eligible equity shareholders of the company. The detailed terms of the rights issue were set out in a letter of offer dated March 12, 2026.Under the initial offer, the company offered up to 15,627,419 equity shares, each having a face value of ₹10. The rights equity shares were offered at an issue price of ₹300 per share, which includes a...

Jonjua Overseas Limited Establishes Charitable Trust for Corporate Social Responsibility Initiatives Jonjua Overseas Limited, a company listed on the BSE SME, has formed a charitable trust to manage and execute its Corporate Social Responsibility (CSR) activities. The initiative reflects the company's commitment to sustainable and responsible corporate citizenship.The new entity, named 'JONJUA CSR TRUST,' was officially registered on April 13, 2026. This charitable trust was created specifically for charitable purposes to ensure effective utilization of CSR funds and benefit the public at large.The establishment of the Trust aligns with the company's stated CSR Policy and is designed to guide its philanthropic endeavors. The trust's...

Fino Payments Bank Reports Operational Stability Despite MD & CEO’s Temporary Unavailability Fino Payments Bank Ltd. confirmed that its operations remain stable and uninterrupted, assuring stakeholders that it continues to serve customers and stakeholders in the normal course of business. The Bank also provided updates on its management structure and noted strong performance in its deposit and lending segments.The Bank issued a statement regarding the unavailability of Mr. Rishi Gupta, the Managing Director & CEO. The unavailability, which spanned a period of more than 45 days within a rolling 90-day period, was attributed to the pending re-assessment of his fit and proper status.Previously, the Bank had disclosed that Mr. Rishi...

Poonawalla Fincorp Limited Finalizes Qualified Institutions Placement of Equity Shares Poonawalla Fincorp Limited announced that its Committee of Directors concluded a meeting on April 13, 2026, approving the closure and details of its placement of fully paid-up equity shares to qualified institutional buyers (QIBs).The Board of Directors approved several key resolutions related to the placement of Equity Shares. The Company confirmed that the Issue concluded on April 13, 2026, following the receipt of application forms and funds in the escrow account from eligible qualified institutional buyers.The committee determined and approved the financial parameters of the Issue, which included:Issue Price: ₹ 370.75 per Equity Share...

Parin Enterprises Unveils Audited Financial Results for Half Year and Year Ended March 31, 2026 Parin Enterprises Limited, formerly Parin Furniture Limited, has released its audited financial results and comprehensive financial statements for the half year and the full year ended March 31, 2026. The company’s Board of Directors approved these results at a meeting held on April 13, 2026.The audited financial results were reviewed by statutory auditors, M/s. K P Bhansali & Co., who issued an unmodified opinion on the Standalone and Consolidated Financial Results.Consolidated Financial Performance The company’s consolidated financial results reflect robust activity across its segments. For the year ended March 31, 2026, Parin...

Acme Solar Commissions Fourth Phase of BESS Project in Rajasthan Acme Solar Holdings Limited, through its wholly owned subsidiary ACME Surya Power Private Limited, has successfully commissioned the fourth phase of its Battery Energy Storage System (BESS) Project. This significant operational expansion enhances the company's renewable energy storage capabilities in Rajasthan.The fourth phase of the BESS Project, located at Village: Jaimalsar, Dist: Bikaner, State: Rajasthan, boasts a capacity of 32.366 MW and 145.435 MWh.The commissioning of this final phase occurred on April 13, 2026. Correspondingly, the Commercial Operation Date (COD) for the stated Phase-IV has been set for April 15, 2026.The successful commissioning of this...

UCO Bank Announces Change in Chief Risk Officer Appointment UCO Bank has announced a change in its leadership, appointing Mr. Rajeev Gupta as the new Chief Risk Officer (CRO) of the bank, effective April 14, 2026. Mr. Gupta takes over the role previously held by Mr. Shashi Kant Kumar.Mr. Shashi Kant Kumar has been assigned a new operational mandate and has taken on the position of Zonal Head, Mumbai. He has been consequently relieved from his post as CRO at the close of business hours.The appointment of Mr. Gupta and the transition of Mr. Kumar mark key structural changes in the bank's risk management leadership.Key Details of the Leadership Change The appointment details confirm Mr. Rajeev Gupta’s assumption of the CRO role...

Pasupati Acrylon Limited Resumes Operations at Acrylic Fiber Plant Pasupati Acrylon Limited announced the resumption of manufacturing operations at its Acrylic Fiber Plant.The company confirmed that the production facility has resumed full operations. This follows an earlier communication from the company dated 24th March, 2026, which had detailed the temporary shutdown of the plant. The temporary closure was necessitated by delays in the shipment of raw materials, which were attributed to the ongoing war in the Middle East Region.The information regarding the resumption of operations was released by Pasupati Acrylon Limited on 14th April, 2026.PASUPTAC Stock Price Movement On Monday, Pasupati Acrylon Limited shares gained 0.99%...

Acme Solar Holdings Limited Files Writ Petition Challenging GST Show Cause Notice Acme Solar Holdings Limited has initiated legal proceedings challenging a Show Cause cum Demand Notice (SCN) issued by GST authorities. The company confirmed that it filed a civil writ petition before the Hon'ble Rajasthan High Court on April 13, 2026.The legal action taken by Acme Solar Holdings Limited aims to challenge the Show Cause cum Demand Notice, among other matters. This filing represents a development concerning the proceedings initiated by the GST authorities against the company.The company provided details of this development, confirming that the civil writ petition was filed before the Hon'ble Rajasthan High Court.For reference, the...

Bluspring Enterprises Enters Aviation Catering Sector with Acquisition of LSG India Bengaluru, April 13, 2026: Bluspring Enterprises Limited, an integrated infrastructure services provider, announced today that its wholly owned subsidiary, Bluspring New Horizon Two Private Limited (BNHTPL), has entered into a definitive agreement to acquire a 100% stake in LSG Sky Chefs (India) Private Limited (LSG India). This move marks the company's strategic entry into the high-growth aviation catering sector.LSG India, which is ultimately owned by AURELIUS, a global private equity investor, currently operates airline catering services at both Bengaluru and Hyderabad airports. The proposed transaction focuses on the acquisition of the Bengaluru...

Nesco Limited Vice President Taken into Police Custody Following Exhibition Center Incident Nesco Limited announced that its Vice President (Events and Exhibitions), a senior managerial personnel, was taken into police custody on April 13, 2026. The detention followed an unfortunate incident that occurred during an event organized at the Nesco Exhibition Center.The incident took place on April 11, 2026. Regarding the matter, Nesco Limited confirmed that the company is fully cooperating with the concerned authorities. The company stated that, as of the reporting date, no impact is foreseen on the listed entity.Nesco Limited provided specific details regarding the incident and the involved personnel, outlining the key facts as...

Just Dial Announces Financial Results for Q4 and Full Year for the Quarter Ended March 31, 2026 Just Dial Limited, India's local search engine provider, has announced its financial and operating results for the fourth quarter and the full fiscal year ended March 31, 2026. The results provide insights into the company's performance across its search and digital platforms.Financial Performance Overview The company reported several key financial figures for the period. The consolidated performance data for the fourth quarter (Q4 FY26) and the full fiscal year (FY26) are presented below.Key Financial Metrics for Q4 FY26 (Quarter ended March 31, 2026):MetricQ4 FY26Q4 FY25YoY changeOperating Revenue (₹ million)3,0722,8926.2%...

HCL Infosystems Appoints Gaurav Bhalla as Key Managerial Personnel HCL Infosystems Limited has announced the appointment of Mr. Gaurav Bhalla as a Manager and Key Managerial Personnel for the company. The appointment is set for a period of five years, effective from May 01, 2026.The appointment of Mr. Bhalla was subject to the approval of the Company’s shareholders, which was obtained via a special resolution passed through the postal ballot e-voting process on April 13, 2026.In his capacity, Mr. Bhalla brings extensive experience to the role. His professional background includes approximately 20 years of experience in various financial domains.According to the company details, Mr. Bhalla has specialized expertise in:Area of...

Hyacinth Hotels Subsidiary Receives Tax Demand of Rs. 46,39,783/- from CGST Authority M/s Hyacinth Hotels Private Limited, a subsidiary of Lemon Tree Hotels Limited, has received a tax demand order from the Office of the Assistant Commissioner of Central Goods & Service Tax, Delhi South Commissionerate. The order, dated April 13, 2026, raises a demand for tax, interest, and penalty under the Central Goods and Service Tax (CGST) Act, 2017.The demand pertains to the recovery of tax liability related to the import of services under the reverse charge mechanism, specifically invoking Section 74(9) of the CGST Act, 2017. The order also mandates applicable interest under Section 50 and a penalty, totaling Rs. 46,39,783/-.The authorities...