Markets

Suba Hotels Limited Appoints Hakimuddin Kanorwala as Chief Financial Officer Suba Hotels Limited has appointed Mr. Hakimuddin Kanorwala as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective April 13, 2026.Mr. Kanorwala, who brings over 15 years of experience in finance and accounts, joins Suba Hotels Limited with significant domain expertise across the hospitality sector. He is a qualified Chartered Accountant and an alumnus of the Indian Institute of Management Calcutta.In his capacity as CFO, Mr. Kanorwala's extensive background spans financial planning and analysis, budgeting, treasury, taxation, risk management, governance, internal controls, and financial reporting.Professional Experience...

A-1 Ltd, formerly known as A-1 Acid Limited, has announced a significant milestone in its operational infrastructure, reporting that more than 90% of its tanker and vehicle fleet is currently debt-free. The company stated that the remaining dues on its vehicles will be settled within the current year, aiming to achieve a completely owned, 100% debt-free fleet by October 2026.The move reflects a strong focus on enhancing internal capabilities and market competitiveness for the logistics sector.In addition to the debt reduction, A-1 Ltd is expanding its operational capacity by adding 10 multi-excel vehicles and tankers to its existing fleet.The company emphasized that strengthening its logistics department through these additions...

Manav Infra Projects Secures Rs 3,20,96,142 Work Order for Mumbai Project Manav Infra Projects Limited has secured a new work order for specialized construction activities at Romell Tiara Oshiwara in Andheri West, Mumbai. The order was received from Gurunanak Romell LLP.The contract covers the scope of Shore Piling and Rock Anchoring works. Manav Infra Projects Limited confirmed that the value of this project contributes to the company's ongoing business operations.The financial details of the acquired work order are as follows:DetailValueNotesClientGurunanak Romell LLPProject ScopeShore Piling and Rock Anchoring worksLocationRomell Tiara Oshiwara, Andheri West, MumbaiTotal Order ValueRs 3,20,96,142/-Includes GST @...

Carraro India Ltd. Announces Schedule for Analyst and Investor Meetings Carraro India Ltd. has scheduled a series of one-on-one meetings with analysts and investors. The engagement is set to take place on April 20, 2026, starting at 12:00 Noon, and will be conducted virtually.The company confirmed the schedule of discussions for interested analysts and investors, emphasizing that the meetings are intended to facilitate dialogue based solely on publicly available information.Details of the planned interactions are as follows:Date & TimeNature of MeetingPlaceApril 20, 2026, 12:00 Noon onwardsOne-on-One MeetingsVirtualCarraro India noted that the meeting schedule remains subject to change due to exigencies on the part of the...

Oriental Rail Infrastructure Ltd Wins Rs 1.57 Crore Contract for Coach Components from Indian Railways Oriental Rail Infrastructure Limited has secured a substantial domestic order worth Rs 1,57,36,863.50 from the Rail Coach Factory (RCF) of Indian Railways. The contract involves the manufacturing, supply, and installation of specialized components for LHB GS coaches.The order, totaling Rs 1,57,36,863.50 (Rupees One Crore Fifty-Seven Lakh Thirty-Six Thousand Eight Hundred Sixty-Three and Paise Fifty only), is for the supply of 25 sets of 'one set of seats & berths for LHB GS coaches' to the Rail Coach Factory, Kapurthala.Under the contract, Oriental Rail Infrastructure Limited must execute the supply by September 28, 2026.Key...

NBCC and HUDCO Ink Dual MoUs for Redevelopment and Asset Monetization NBCC (India) Limited announced on April 13, 2026, that it entered into two separate Memorandums of Understanding (MoUs) with Housing and Urban Development Corporation Limited (HUDCO) on April 11, 2026. The agreements aim to strengthen cooperation between the two entities across major urban infrastructure projects and NBCC's self-sustainable model developments.The first MoU focuses on the joint redevelopment of the August Kranti Bhawan plot at Bhikaji Cama Place, New Delhi. Under this collaboration, HUDCO and NBCC will work together on the leasehold plot measuring approximately 18830 sqmt, located at Block No. 25, August Kranti Bhawan, Bhikaji Cama Place, New Delhi...

Aster DM Healthcare Expands Whitefield Hospital Capacity with Rs. 96 Crore Investment Aster DM Healthcare Limited, one of India’s largest integrated healthcare providers, has significantly expanded its footprint in Bengaluru with a dedicated investment of Rs. 96 crore. The expansion focuses on the 'Women & Children' facility at Aster Whitefield Hospital, strengthening the company’s presence in the region.The upgrade boosts Aster Whitefield Hospital's total bed capacity from 380 beds to 539 beds. The advanced treatment centre, titled the 'Aster Women & Children,' is designed to cater to the diverse healthcare needs of women and children from various geographical areas.The dedicated 159-bed facility provides comprehensive and...

Shyam Metalics and Energy Cleared of Closure Directions for Rengali Plant Units Shyam Metalics and Energy Limited has clarified the regulatory status of its Rengali Plant in Sambalpur, Odisha, addressing social media rumors regarding pollution non-compliance. The company reported that the Central Pollution Control Board (CPCB) granted significant relief concerning certain units at the facility.The CPCB had initially issued directions for the closure of the Pellet Plant, the Ferro Alloys Plant, and the Power Plant at the Rengali facility, citing specific pollution-related non-compliances.Following the issuance of these directions, Shyam Metalics and Energy Limited submitted detailed representations to the CPCB, outlining the remedial...

Piramal Pharma Achieves Successful Closure of US FDA Inspection at Kentucky Facility Piramal Pharma Ltd has confirmed the successful completion of its US FDA inspection at its manufacturing facility located in Lexington, Kentucky, USA. The successful conclusion was marked by the receipt of the Establishment Inspection Report (EIR) from the US FDA.The company reported that the US FDA has issued the Establishment Inspection Report (EIR) for the Lexington facility. The report carries the classification of Voluntary Action Indicated (VAI).The receipt of this EIR marks the successful closure of the inspection process for Piramal Pharma Ltd at the specified US location.PPLPHARMA Stock Price Movement Shares of Piramal Pharma Limited are...

Mukand Ltd Board Meeting Scheduled for May 14: Review of FY26 Results and Dividend Recommendation Mukand Ltd has announced that its Board of Directors is scheduled to meet on Thursday, May 14, 2026. The meeting agenda includes the formal review and approval of the company’s financial performance for the fiscal year ended March 31, 2026.During the Board meeting, the directors will consider and approve the Audited Financial Results for the quarter and the full year ended March 31, 2026, both on a standalone and consolidated basis. Furthermore, a key item on the agenda is the recommendation of a dividend, if deemed appropriate, on the equity shares for the financial year ending March 31, 2026.In addition to the board meeting...

RateGain Launches RG Varsity, a Certification Initiative for AI-Driven Hotel Marketing RateGain Travel Technologies Limited, a global leader in AI-powered SaaS solutions for the travel and hospitality sector, has launched RG Varsity, a new digital marketing certification program. The initiative is designed to equip hotel professionals with the necessary skills to navigate the rapidly evolving customer acquisition landscape and improve measurable revenue performance.The timing of the launch addresses structural challenges within the hotel industry. While hotels are increasing digital marketing budgets, many teams struggle to accurately understand the factors driving or undermining their results. RateGain noted that as travelers...

Suzlon Energy Ltd. Allots 6,57,000 Shares via ESOP Exercise Suzlon Energy Ltd. announced that its Securities Issue Committee, comprising the Board of Directors, approved the allotment of 6,57,000 fully paid-up equity shares. The allotment is being executed for cash at a premium in dematerialised form to eligible employees of the company and its subsidiaries.The shares have a face value of Rs.2/- (Rupees Two Only) each. The allotment proceeds total Rs.1,11,22,500/- (Rupees One Crore Eleven Lacs Twenty Two Thousand Five Hundred Only).The shares are being allotted pursuant to the exercise of options granted under the Employee Stock Option Plan 2022 (ESOP 2022).ESOP Allotment Details The allotment is broken down into two tranches of...

Bajaj Consumer Care to Hold Q4 FY26 Results Conference Call on April 17 Bajaj Consumer Care Ltd has announced its participation in an earning conference call regarding its audited financial results for the quarter and year ended March 31, 2026. The call has been organized by ICICI Securities.The conference call is scheduled for Friday, April 17, 2026, at 5:00 P.M. India Time.The company will be represented during the call by key executives, including Mr. Naveen Pandey, Managing Director; Mr. Dilip Kumar Maloo, Chief Financial Officer; and Mr. Aakash Gupta, Head - Finance.The event provides stakeholders with an opportunity to review the financial performance of Bajaj Consumer Care Ltd for the fourth quarter of the fiscal year 2026...

Roselabs Finance Ltd Board Meeting Scheduled to Approve Q&FY Results Ending March 31, 2026 Roselabs Finance Ltd announced that its Board of Directors is scheduled to convene a meeting on Thursday, April 16, 2026. The primary agenda for the meeting is to consider and formally approve the Audited Financial Results of the Company for the quarter and the full financial year ended March 31, 2026.In addition to the meeting announcement, the company confirmed details regarding the designated person trading window. The trading window for dealing in shares of Roselabs Finance Ltd has been closed for designated persons. This restriction took effect from April 1, 2026, and will remain in place until 48 hours after the financial results are...

Coforge Secures All Approvals for Encora Acquisition, Targets $2.5 Billion Entity Coforge Limited, an AI-native engineering services leader, announced today that it has secured all necessary statutory and regulatory approvals across multiple jurisdictions for the acquisition of Encora. The successful completion of these clearances paves the way for the transaction to close.The combined entity is expected to operate at a run rate of approximately $2.5 billion, significantly accelerating Coforge's scale in AI-led engineering, data, and cloud services.Coforge had previously announced its intent to acquire Encora on December 26, 2025. The strategic goal is to establish a $2.5 billion AI-native tech services firm with a core comprising...

Key Corporate Moves: Swiggy, L&T, and Pharma Giants Lead Stock Focus Today Stock markets are humming with corporate announcements today, featuring key financial results, significant acquisitions, and major regulatory updates. Investors are paying close attention to specific sectors, particularly in technology, real estate, and pharmaceuticals.Quarterly Earnings Reports Set for Release Several companies are scheduled to unveil their quarterly financial results today. ICICI Prudential Asset Management Company, Innovision, Just Dial, Swaraj Engines, Continental Controls, and Ind Bank Housing are among those releasing their updates.Major Corporate Actions and Strategic Deals Larsen & Toubro (L&T) is bolstering its real estate ambitions...

Board Meeting Scheduled for PropShare Titania REIT to Review Financial Results A meeting of the Board of Directors of PropShare Investment Manager Private Limited, the Investment Manager of Property Share Investment Trust, and PropShare Titania, the second scheme of the Trust, is scheduled for Friday, April 17, 2026.During the meeting, the board is expected to consider and potentially approve several key corporate actions pertaining to PropShare Titania. These matters include the audited financial results for the quarter and the year ended March 31, 2026.Key agenda items slated for consideration by the board on April 17, 2026, include:Audited Standalone Financial Results and Audited Consolidated Financial Results of PropShare...

Blue Dart Express Announces Resignation of Independent Director and Chairman Blue Dart Express Limited announced that Mr. Prakash Apte, who currently serves as Chairman and Independent Director, has tendered his resignation due to health reasons. The resignation is effective from the conclusion of the Board Meeting scheduled for Monday, April 13, 2026.Mr. Prakash Apte confirmed his resignation as Chairman and Independent Director. Consequently, he will also cease to be the Chairman and Member of the Audit Committee, and a member of the NRC, Risk Management Committee, CSR Committee, and Stakeholder Relationship Committee of the Company. The company board expressed its appreciation for the valuable contribution made by Mr. Apte during...

Emirates NBD Bank Open Offer for RBL Bank Limited: Corrigendum Details Released RBL Bank Limited received communication regarding a Corrigendum issued by J.P. Morgan India Private Limited, acting as the Manager, concerning the open offer. The open offer is being made by Emirates NBD Bank (P.J.S.C.), the Acquirer, for the acquisition of equity shares of RBL Bank Limited, the Bank.The Corrigendum, which updates previous announcements, was advertised by the Acquirer in the Financial Express (English -All editions), Jansatta (Hindi -All editions), and Tarun Bharat (Marathi -Kolhapur and Mumbai Editions) on April 12, 2026.The open offer details include the acquisition of up to 415,586,443 fully-paid-up equity shares of face value of 10...

PropShare Platina Board Meeting Scheduled for April 17, 2026 A meeting of the Board of Directors of PropShare Investment Manager Private Limited, the Investment Manager for the Property Share Investment Trust and PropShare Platina, first scheme of the Trust, is scheduled for Friday, April 17, 2026.During this board meeting, the directors are set to consider and potentially approve several key items related to PropShare Platina and the Trust's performance for the period ending March 31, 2026.The board agenda includes consideration of the following matters:The Audited Standalone Financial Results and Audited Consolidated Financial Results of PropShare Platina for the quarter and the full year ended March 31, 2026. The Audited...