Markets

ICICI Bank to Host Media and Investor Calls on Q4 and FY2026 Financial Results ICICI Bank Limited announced that it will host two separate calls for the media and investors to discuss its financial results for the quarter and financial year ended March 31, 2026.The bank scheduled the calls for April 18, 2026.The itinerary is structured as follows:Media Call: A conference call with the media is set for 4:00 p.m. (IST) on April 18, 2026. Earnings Call: An dedicated earnings call with analysts and investors is scheduled for 5:00 p.m. (IST) on the same day, April 18, 2026.Participants can access the calls using the following dial-in details:Type of Dial-inNumbersUniversal dial-ins+91-22-62801154, +91-22-71158055Toll-free...

BCC Fuba India Ltd Allots Optionally Convertible Debentures Worth INR 8 Crores BCC Fuba India Limited has successfully allotted Optionally Convertible Debentures (OCDs) amounting to INR 8,00,00,000/- (Rupees Eight Crores Only). The investment, made through a private placement basis, concerns securities issued by Iogems Technologies Private Limited, a subsidiary company of BCC Fuba India Limited.The OCDs have a face value of INR 10/- each, and the allotment was executed at an issue price of INR 10/- per OCD.According to the details of the debentures, the instrument is classified as 7% Optionally Convertible, unsecured Debentures that are convertible into equity shares. The total size of the issue is INR 8,00,00,000, covering 7%...

NCLT Orders Merger of Saicharan Consultancy Private Limited and Hubtown Limited The National Company Law Tribunal (NCLT), Mumbai Bench, has passed an order directing the convening of meetings for the Equity Shareholders and Unsecured Creditors of two companies, Saicharan Consultancy Private Limited and Hubtown Limited, regarding a proposed Scheme of Arrangement. The order was pronounced on April 09, 2026.The scheme involves the merger/amalgamation of Saicharan Consultancy Private Limited (the Transferor Company) with Hubtown Limited (the Transferee Company). The proposed arrangement, which is effective from the Appointed Date of April 01, 2025, is set to combine the business and operations of both entities into a single company...

GAIL Approves Revised Timeline for Kochi-Kottanad-Bengaluru-Mangaluru Pipeline Project GAIL (India) Limited, a Government of India Undertaking and Maharatna Company, has approved a revised completion schedule for its Kochi-Kottanad-Bengaluru-Mangaluru Pipeline (KKBMPL) Project. The decision was made by the Board of Directors during a meeting held on April 13, 2026.The company detailed the current operational status of the KKBMPL Project, outlining the progress in pipeline execution and commissioning.According to the details provided, the project currently stands at the following capacity:MetricValueLength Authorized / under execution1104 Km / 951 KmPipeline laid / Commissioned919 Km / 657 KmRevised Completion...

Gurunanak Agriculture India Limited Reports Strong Q4 FY'26 Performance Driven by Operational Upgrades and New Product Launches Gurunanak Agriculture India Limited (GAIL), a leading manufacturer of agricultural equipment, reported strong business momentum during the fourth quarter of fiscal year 2026. The company highlighted that Q4 FY'26 saw significantly higher thresher sales compared to Q4 FY'25, the introduction of a new Track Combine Harvester (TCH) model, successful international order execution, and notable operational improvements across its manufacturing facilities.The robust performance reinforces GAIL's position as a high-margin, technology-led agricultural equipment manufacturer.Q4 FY'26 Segment Performance and...

Indian Overseas Bank Reduces Select MCLR Rates Effective April 15 Indian Overseas Bank announced that its Asset Liability Management Committee (ALCO), following a review of MCLR workings on April 13, 2026, has decided to modify several Marginal Cost of Funds based Lending Rates (MCLR). The Bank resolved to reduce the Overnight, 1-Year, and 2-Year MCLR by 5 basis points (bps) each, with the revised rates becoming effective from April 15, 2026.The revised MCLR structure, applicable until further review, details the change across various tenors.The changes in the MCLR across different tenors are summarized below:TenorExisting MCLR (%) w.e.f 15.03.2026ChangeRevised MCLR (%) w.e.f 15.04.2026MCLR TypeOvernightN/A(-) 5...

RBI Returns Application on Ujjivan Small Finance Bank's Universal Bank Transition Ujjivan Small Finance Bank Ltd. has received communication from the Reserve Bank of India (RBI) regarding its application for a Voluntary Transition from a Small Finance Bank to a Universal Bank.The RBI's letter, dated April 13, 2026, acknowledged the bank's recent efforts to diversify its loan portfolio. However, the regulator indicated that there was still scope for improvement and progress in this area.Consequently, the RBI returned the application and advised Ujjivan Small Finance Bank to consider submitting a revised application after demonstrating a more diversified loan portfolio.UJJIVANSFB Stock Price Movement Today, Ujjivan Small Finance...

Railtel Corporation Designates CTO and CISO as Senior Management Personnel Railtel Corporation of India Limited announced that its Chief Technology Officer (CTO) and Chief Information Security Officer (CISO) have been designated as Senior Management Personnel following a revision in the company’s Materiality Policy. The board of directors approved this change during a meeting held on April 13, 2026.The policy revision ensures that the CTO and CISO are now considered Senior Management Personnel under the company's updated regulations. Both positions were officially recognized as such, effective April 13, 2026.Senior Management Personnel Profiles The company’s two senior technology leaders, Shri R S Mani and Shri Ravi Kant Prasad...

Eurobond Tops ₹500 Crore Revenue in FY26, Posts 19% Growth Driven by Record Production Volumes Euro Panel Products Ltd, the parent company behind EUROBOND, the leading publicly listed metal cladding and Aluminium Composite Panel (ACP) manufacturer in India, reported strong financial results for the fiscal year 2026. The company achieved a total revenue of more than ₹ 500 Crore, marking a significant 19% year-over-year growth compared to the ₹423.19 Crore recorded in the previous financial year.The revenue growth is directly linked to a substantial increase in operational output and scale. Eurobond recorded a 22.4% increase in overall production, manufacturing and shipping over 16 lakh sheets during FY26.The increase in operational...

Kanungo Financiers Ltd Board Discusses Fund Raising, Capital Increase, and Operational Expansion Kanungo Financiers Ltd held a Board of Directors meeting on April 13, 2026, where the board discussed and approved several key corporate matters, including fund raising through preferential shares, increasing authorized share capital, and altering the company’s main objects clause.The board considered the proposal for raising funds via a preferential issue of equity shares. It was noted that the definitive terms of this preferential issue, including the pricing, size of the issue, and the list of proposed allottees, will be finalized and approved at a subsequent board meeting.In relation to capital structure, the board also reviewed the...

Mangalam Worldwide Limited Debenture Committee Meeting Rescheduled for April 16 Mangalam Worldwide Limited has scheduled its Debenture Committee meeting for Thursday, April 16, 2026. This meeting continues the company's efforts to consider the issuance of financial instruments to bolster its funding structure.The meeting was originally intended to take place on April 7, 2026, but was postponed due to unforeseen and unavoidable circumstances.On April 16, 2026, the Debenture Committee will meet primarily to consider and approve the issuance of Secured Non-Convertible Debentures. This issuance will be conducted on a private placement basis.The proposed debenture issuance remains within the limits that were previously approved by the...

Elpro International Ltd Acquires Equity Shares of Ambuja Cements Limited Elpro International Ltd announced the acquisition of equity shares in Ambuja Cements Limited. The acquisition was executed using cash consideration and constitutes an investment purpose for Elpro International Ltd.The transaction involved Elpro International Ltd acquiring 1,36,000 Equity Shares at a cost of INR 6.02 Crores. This represents a fresh acquisition, bringing the total holding of Elpro International Ltd in the target entity to 1,36,000 Equity Shares.Ambuja Cements Profile and Transaction Details Ambuja Cements Limited, which operates in the Cement & Cement Products sector, is noted as the 9th largest cement producer globally and a member of the...

Roni Households Ltd Disposes 0.58% Stake in Roni Agro Limited, Shares Holding Reduces to 44.17% Roni Households Ltd has completed the disposal of a portion of its stake in M/s. Roni Agro Limited. The company sold 29,066 equity shares, which represent 0.58% of the paid-up share capital of M/s. Roni Agro Limited.This transaction resulted in a reduction of Roni Households Ltd's shareholding in M/s. Roni Agro Limited, which decreased from 44.76% to 44.17%. The consideration received for the disposal was Rs. 3,48,792, based on 29,066 shares acquired at Rs. 12 each.The sale details confirm that the shares were sold to various buyers, none of whom belong to the promoter or promoter group of Roni Households Ltd.A review of Roni Agro...

Reliance Home Finance Announces 9th Committee of Creditors Meeting in CIRP Reliance Home Finance Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has reported that the ninth meeting of its Committee of Creditors (CoC) was duly convened.The announcement confirms the continuation of the insolvency process for the company. This development follows an initial intimation regarding the commencement of the CIRP.The 9th meeting of the Committee of Creditors for Reliance Home Finance Limited (The Company) was scheduled and held on Wednesday, April 15, 2026. The proceedings were conducted via Video Conferencing.The key details regarding the meeting are summarized below:EventDetailMeeting9th...

Tata Communications to Hold Board Meeting to Approve FY2026 Audited Results and Recommend Dividend Tata Communications Ltd. announced that its Board of Directors is scheduled to convene a meeting to review and approve the audited financial results for the financial year ended March 31, 2026. The meeting will also consider recommendations regarding the dividend for the same period.The Board Meeting has been scheduled for Wednesday, April 22, 2026.During the meeting, the company will consider, approve, and take on record the Standalone and Consolidated Audited Financial Results for the fiscal year ended March 31, 2026. Furthermore, the Board will review the reports provided by the Statutory Auditors.The company also provided an...

HMA Agro Industries Limited Completes Share Sale to Meet Minimum Public Shareholding Norms HMA Agro Industries Limited has finalized a significant block deal sale of equity shares through the stock exchange mechanism. The transaction, which involved multiple promoter and related parties, was undertaken to ensure compliance with Minimum Public Shareholding (MPS) requirements.The sale involved the transfer of 3,31,81,173 equity shares of the company. The transaction, executed via an Offer for Sale between April 09, 2026, and April 10, 2026, was aimed at achieving adherence to public shareholding standards.The primary sellers contributing to the sale include Zulfiqar Ahmad Qureshi, Mohammad Ashraf Qureshi, Mohammad Mehmood Qureshi...

Indoco Remedies Ltd Testing Facility Undergoes U.S. FDA Pre-Approval Inspection Indoco Remedies Ltd confirmed that its testing facility located in Chhatrapati Sambaji Nagar (Aurangabad) underwent a Pre-Approval Inspection by the U.S. Food and Drug Administration (U.S. FDA).The inspection was conducted by the U.S. FDA between April 08, 2026, and April 10, 2026. The company reported that the review concluded successfully, resulting in zero Form 483 observations.The facility testing conducted in Chhatrapati Sambaji Nagar is a key operational site for Indoco Remedies Ltd.Key details regarding the inspection are summarized below:DetailInformationFacility LocationChhatrapati Sambaji Nagar (Aurangabad)Inspecting BodyU.S. Food...

Balaji Amines Ltd Announces Resignation of Senior Management Personnel Balaji Amines Ltd has announced the resignation of Mr. Laxman Vishnudas Limkar from a key senior management role within the company.Mr. Laxman Vishnudas Limkar has stepped down from his position as Senior Assistant General Manager and Factory Manager. His resignation is attributed to personal reasons, and his tenure with the company concluded with effect from April 11, 2026.The resignation details pertain to the company's senior management personnel, marking the departure of Mr. Limkar from his specified post.BALAMINES Stock Price Movement Today, Balaji Amines Limited shares edged higher, settling at ₹1082.4 today after gaining 0.81%. The stock traded on 95,119...

DCB Bank Announces Retirement of Independent Director Ms. Lakshmy Chandrasekaran DCB Bank Ltd has announced the retirement of Ms. Lakshmy Chandrasekaran as an Independent Director. The Board confirmed that she ceased to be a Director of the Bank with effect from the close of business hours on April 13, 2026.Ms. Chandrasekaran’s departure follows the completion of her term as an Independent Director of the bank.DCB Bank issued a statement noting its appreciation for Ms. Lakshmy Chandrasekaran’s contribution to the bank throughout her tenure and wished her success in her future endeavors.DCBBANK Stock Price Movement DCB Bank Limited shares shed 2.02% today, settling at ₹184.95 after opening the session. The stock traded robustly...

Tata Communications Schedules Earnings Call for Q4 and Full Year FY26 Results Tata Communications Ltd has announced the details for its upcoming earnings call, which will cover the results for the fourth quarter (Q4) and the full financial year (FY) 2026.The company will announce its Q4 FY26 and Full Year FY26 results on Wednesday, April 22, 2026. Following the announcement, an earnings call has been scheduled for that same day.The event is scheduled to begin at 6:30 pm IST and is set to last for one hour. The call will be available across multiple time zones, including:IST: 6:30 pm SGT: 9:00 pm UK Time: 2:00 pm ET: 9:00 amTATACOMM Stock Price Movement Today, Tata Communications Limited shares edged higher, closing at ₹1512.3...