Markets

SBEC Systems India Ltd Approves Rs. 2.80 Crores Term Loan for Solar Power Unit New Delhi, April 14, 2026 – SBEC Systems (India) Limited announced on April 14, 2026, that its Board of Directors approved the sanction letter for a term loan facility.During the Board meeting held on the date, the directors sanctioned a term loan of Rs. 2.80 Crores from SVC Co-operative Bank Limited. This funding is earmarked for the installation of a Solar Power Unit.Following the approval, the Company will enter into a Term Loan Agreement to avail the facility amounting to Rs. 2.80 Crores.The Board meeting commenced at 11:10 A.M. and concluded at 01:00 P.M.Stock Price Movement SBEC Systems India Ltd. slipped to ₹19.00 on Monday, ending the day down...

Kilburn Engineering Ltd Names New Chairman Following Change in Board Leadership Kilburn Engineering Ltd announced outcomes from its Board of Directors meeting held on April 14, 2026, detailing significant transitions in its leadership structure. The Board noted the conclusion of the tenure of Mr. Manmohan Singh and approved the appointment of Mr. Amritanshu Khaitan as the new Chairman, alongside the reconstitution of the Audit Committee.The Board recorded that Mr. Manmohan Singh, who served as Chairman and Independent Director, is concluding his second and final term as an Independent Director of the Company. His tenure concludes with effect from the close of business hours on April 20, 2026. Following the completion of his term, Mr...

Monarch Surveyors Secures Rate Contract from Northern Railway for Rs. 130 Crore Survey Work Monarch Surveyors and Engineering Consultants Ltd has announced the receipt of a rate contract with Northern Railway - CALA. The contract involves undertaking Final Location Survey, geotechnical studies, design, and the preparation of drawings, valued at a total order amount of Rs. 1,30,00,42,245.88.The company stated that this contract is expected to significantly boost its business operations. The scope of the work covers preliminary activities for preparing Detailed Project Reports (DPR) and land acquisition documentation for major railway infrastructure projects.The contract mandates carrying out Final Location Surveys and other...

Puravankara Limited Provides Corporate Guarantee of Rs. 196 Crore for Subsidiary's NCD Issuance Puravankara Limited has issued a Corporate Guarantee on behalf of its wholly owned subsidiary, Purvaland Private Limited. The guarantee is related to the issuance of Non-Convertible Debentures (NCDs) and is being provided in favor of Vistra ITCL (India) Limited.The Corporate Guarantee provided by Puravankara Limited is structured to cover the full amount of the NCDs. The total value of the guarantee stands at Rs. 196,00,00,000/- (Indian Rupees One Hundred and Ninety-Six Crore only).According to the details of the guarantee, the key aspects of the transaction are as follows:ParticularsDetailsParty Covered by GuaranteePurvaland...

Meta Infotech Ltd Commences Operations in Chennai as Part of Expansion Strategy Meta Infotech Ltd has commenced its operations in Chennai. The company confirmed that the new operations were effective as of April 14, 2026.The company stated that the ongoing operations are currently being carried out through a work-from-home arrangement. This setup is identified as a key component of Meta Infotech Ltd's broader business expansion strategy.The announcement confirming the operational commencement was issued by the company. Venu Gopal Peruri, Managing Director, represents Meta Infotech Ltd.Stock Price Movement At the close of trade on Monday, Meta Infotech Ltd settled at ₹91.24, rising 4.99% for the day. Throughout the session, the...

Apollo Pipes Ltd Commences Commercial Production at Mirzapur Plant Apollo Pipes Ltd has announced the commencement of commercial production at its new manufacturing facility located in Mirzapur, Uttar Pradesh. The company confirmed that the plant began full commercial operations on April 14, 2026.This development marks a key operational milestone for Apollo Pipes Ltd. The manufacturing plant is situated in Mirzapur, near Varanasi, Uttar Pradesh.The company had previously provided several updates regarding the facility over the preceding months, including intimations dated May 20, 2024, May 10, 2025, January 29, 2026, and March 31, 2026. The recent confirmation marks the transition from setup and announcement to full commercial...

Creative Newtech Limited Announces CFO Resignation Effective April 14, 2026 Creative Newtech Limited announced the resignation of its Chief Financial Officer (CFO), Mr. Abhijit Divakar Kanvinde, effective April 14, 2026. The Company confirmed that the resignation was tendered on the same date.Mr. Abhijit Divakar Kanvinde stepped down from the role of Chief Financial Officer due to personal reasons. As stated in his resignation, the decision was attributed to his advancing age, certain health considerations, and the demanding nature of the working hours associated with the position. Mr. Kanvinde also confirmed that there were no other material reasons for his departure beyond those stated.The resignation has been formally accepted by...

Smart Services Private Limited to Acquire 75% Stake in Sharp India Limited Via Share Purchase Agreement Sharp India Limited confirmed that its Board of Directors, at a meeting held on April 14, 2026, took note of the execution of a Share Purchase Agreement (SPA). The agreement involves the sale of a significant stake in the company by the promoters to Smart Services Private Limited.The SPA, dated April 14, 2026, is between Sharp Corporation, Japan Promoter and holding company (the Seller), and Smart Services Private Limited (the Purchaser).Under the terms of the agreement, the Purchaser agreed to acquire 1,94,58,000 fully paid-up equity shares, representing 75.00% of the paid-up equity share capital of Sharp India Limited. The...

Veritas (India) Ltd Regularizes Appointment of Mr. Jayaramakrishnan Kannan as Independent Director Veritas (India) Ltd announced that its members approved the regularization of the appointment of Mr. Jayaramakrishnan Kannan as a Non-Executive Independent Director. The approval followed a Postal Ballot Resolution passed on April 13, 2026.The resolution regularizes Mr. Kannan's initial appointment as an Additional Director in the capacity of a Non-Executive Independent Director. This regularization establishes his tenure as a Non-Executive Independent Director, who is not liable to retire by rotation.Mr. Kannan was initially appointed as an Additional Director on February 05, 2026, pending shareholder approval. Following the Postal...

CG Power and Industrial Solutions Announces Changes in Senior Management Leadership CG Power and Industrial Solutions Limited has announced key changes in its Senior Management Personnel, effective April 14, 2026. The changes involve a role transition for Mr. Deven Jani and the appointment of Mr. Shirish Shah to a senior leadership position.Mr. Deven Jani, who previously held the role of Vice President - Strategic Sourcing and oversaw initiatives under i2v (Innovate to Value) and ESG, is transitioning roles. Under his new designation as Vice President - i2v & ESG Head, Mr. Deven will take a focused leadership role in i2v & ESG and will cease to be part of the Company's Senior Management Personnel effective April 14, 2026.In a new...

Castrol India Schedules Q1 FY2026 Conference Call on April 29 Castrol India Limited has scheduled a conference call for analysts and investors concerning the first quarter ended March 31, 2026. The virtual event is set for Wednesday, April 29, 2026, from 12:30 p.m. to 1:15 p.m. IST.The conference call will provide a management discussion on the company's financial performance for the quarter, followed by an interactive question and answer session.The management team representing Castrol India Limited for the call includes:Mr. Saugata Basuray, Wholetime Director & Interim Chief Executive Officer Ms. Mrinalini Srinivasan, Chief Financial Officer & Wholetime DirectorInvestors participating in the call can utilize the following...

Ambuja Cements to Hold Board Meeting to Approve Q4 FY26 Results, Announces Trading Window Details Ambuja Cements Ltd. has announced that its Board of Directors will convene a meeting on Monday, May 4, 2026. The primary focus of the meeting will be to consider and approve the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The Board will also recommend the dividend, if any, on the company's equity shares for the financial year 2025-26.Ahead of the results announcement, the company confirmed that the trading window for dealing in its securities remains closed starting from April 1, 2026. The window is scheduled to re-open 48 hours following the announcement of the financial results...

Amagi Launches AdFlow Orchestrator to Streamline Advertising for FAST and CTV Monetization Amagi Media Labs Limited, the agentic industry cloud platform for unified broadcast, streaming, and monetization, announced the launch of AdFlow Orchestrator. This Placement Opportunity Information Service (POIS)-based tool is designed to address the structural mismatch preventing broadcasters from achieving full monetization potential on Free Ad-supported Streaming TV (FAST) platforms.AdFlow Orchestrator is built on the SCTE 130-5 Placement Opportunity Information Service (POIS) standard, which serves as the established industry framework for applying business logic to ad placement signals. The tool sits adjacent to the video supply chain...

Birla Estates Books ₹650 Crores in Phase 4 Launch, Reaching ₹2,459 Crores Cumulative Booking at Birla Trimaya Bengaluru, April 14, 2026: Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate Limited, has reported robust booking figures for Phase 4 of its Birla Trimaya township in Bengaluru. The subsidiary recorded bookings of approximately ₹650 crores for this phase, representing over 85% of the total booking value for the newly launched inventory.The strong buyer response included the sale of around 460 units, highlighting sustained homebuyer interest in the premium township development. With this booking, the cumulative booking value across all launched phases of Birla Trimaya now stands at approximately ₹2,459...

Veer Global Infraconstruction Approves Preferential Issue of Equity Shares Through Loan Conversion Veer Global Infraconstruction Ltd, a company, announced the key outcomes of its Board of Directors meeting held on Tuesday, April 14, 2026. During the meeting, the board addressed several corporate actions, most notably approving a significant preferential issue of equity shares through the conversion of outstanding unsecured loans.The Board took several decisions, including considering and approving revisions and clarifications concerning the details of the outstanding unsecured loans. Furthermore, the board approved the issuance of a corrigendum to the Notice of Extraordinary General Meeting. The company also ratified and confirmed all...

Valencia Beverages and Superwater Pvt. Ltd. (VBSW) has highlighted its operational strength and strategic resilience, detailing key measures implemented to ensure business continuity during challenging market conditions, including the 2026 Strait of Hormuz crisis. The company outlined significant growth in its own brand sales and established major partnerships across export and co-packing sectors.Operational excellence was showcased at Unit II, which specializes in juice-related products using advanced "Hot Fill" technology and 400 BPM capacity lines. To navigate global supply risks, the company implemented several measures:Packaging Supply: Ahead of the onset of war on February 28, 2026, the company secured a three-month supply of...

L&T RPL Completes Acquisition of 100% Stake in International Green Scapes Limited Larsen & Toubro Realty Properties Limited (L&T RPL), a wholly owned subsidiary of Larsen & Toubro Limited, has successfully completed the acquisition of its stake in International Green Scapes Limited (IGSL). The transaction was completed on April 13, 2026.The acquisition involved L&T RPL obtaining 100% stake in International Green Scapes Limited. Following the successful completion of the acquisition, IGSL has become a wholly owned subsidiary of both L&T RPL and the parent company, Larsen & Toubro Limited, effective April 13, 2026.LT Stock Price Movement On Monday, Larsen & Toubro Limited shares slipped by 0.17% to settle at ₹3954.3. Trading reached a...

Hero MotoCorp Poised for Major Surge: Buy Call Targets ₹6,205 Amid Multi-Segment Revival Motilal Oswal has reaffirmed a 'BUY' rating on Hero MotoCorp, projecting a highly optimistic growth trajectory for the two-wheeler giant. The research firm has set a target price (TP) of ₹6,205, reflecting an expected appreciation of 18% from the current market price of ₹5,247. The bullish outlook is underpinned by robust domestic demand, a sharp resurgence in electric vehicles (EVs), and significant export potential.Resilient Domestic Demand and Core Segment Gains Demand for Hero MotoCorp's products has demonstrated resilience across key segments, particularly evident in the fourth quarter. The company reported that retail demand in March...

Inventurus Knowledge Solutions Addresses Status of Potential TruBridge Acquisition Inventurus Knowledge Solutions Ltd has issued a clarification regarding reports detailing a potential acquisition of TruBridge, Inc. The company affirmed that it routinely evaluates strategic opportunities in the ordinary course of business, which includes bidding for potential strategic transactions through its subsidiaries, with or without exclusivity.The company stated that one of its wholly owned subsidiaries recently participated in discussions with TruBridge, Inc. concerning the potential acquisition of the firm.According to the clarification, no definitive or binding agreements have been executed for this potential transaction as of the date of...

Ideaforge Technology Ltd Allots 23,347 Equity Shares Under ESOP Scheme, 2018 On April 14, 2026, Ideaforge Technology Limited announced the allotment of 23,347 Equity Shares. This allotment occurred following the approval by the Executive Committee of the Board of Directors, which sanctioned the exercise of vested stock options under the ideaForge Employees Stock Option Scheme, 2018.Each of the allotted shares has a face value of Rs. 10/-. The company confirmed that these shares will rank pari-passu with the existing equity shares, ensuring they hold equal rights in all respects.The transaction significantly updated the company's paid-up capital structure. Prior to the allotment, the paid-up capital of Ideaforge Technology Limited...