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Tata Teleservices Receives Order from TRAI Regarding Unsolicited Commercial Communications
Tata Teleservices Receives Order from TRAI Regarding Unsolicited Commercial Communications Tata Teleservices (Maharashtra) Limited received an order from the Telecom Regulatory Authority of India (TRAI) on April 10, 2026, concerning compliance with the Telecom Commercial Communications Customer Preference Regulations, 2018, for the quarter ending June 2024. The company stated that it is currently reviewing the order and evaluating subsequent steps.The directive resulted in a financial disincentive being levied by TRAI, amounting to Rs.64,000/- (Rupees Sixty Four Thousand only).The nature of the action pertains to the failure to curb Unsolicited Commercial Communications (UCC) sent through the Company's network, which was a...
Honda to Boost Software Capabilities: Analyzing Proposed 21% Stake in Astemo Acquisition
Honda to Boost Software Capabilities: Analyzing Proposed 21% Stake in Astemo Acquisition Details of the Proposed Combination The transaction under review involves Honda Motor Co., Ltd. acquiring a 21% voting interest in Astemo, Ltd. The sale interest is being acquired from Hitachi, Ltd. The transaction is classified as a Proposed Combination, which is notifiable under Section 5(a)(i)(A) of the Competition Act, 2002 (as amended).Strategic Rationale for the Parties Involved For Honda Motor Co., Ltd., the acquisition is geared towards enhancing its software-defined vehicle development capabilities. The move is expected to boost the company's cost competitiveness by capitalizing on the growth potential within Astemo. Separately, Hitachi...
Silgo Retail Limited Submits Quarterly Certificate for Quarter Ended March 31, 2026
Silgo Retail Limited Submits Quarterly Certificate for Quarter Ended March 31, 2026 Silgo Retail Limited confirmed the submission of a certificate pertaining to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, covering the quarter ended March 31, 2026.The company enclosed a copy of the Certificate dated April 10, 2026, received from its Registrar and Share Transfer Agent, M/s Bigshare Services Private Limited, which holds SEBI Registration No. INR000001385.In the context of the regulations, the company confirmed that the securities received from the depository Participants for dematerialization up to March 31, 2026, were confirmed (accepted/rejected) to the depositories by Silgo Retail Ltd...
Ambuja Cements Receives GST Demand Order of Rs. 19,29,92,594 from Nagpur Authority
Ambuja Cements Receives GST Demand Order of Rs. 19,29,92,594 from Nagpur Authority Ambuja Cements Limited received a demand order from the Superintendent (ADJ.) CGST and CX Nagpur-I concerning the Goods and Services Tax Act, 2017. The order, which includes penalty and interest, totals Rs. 19,29,92,594/-.The demand pertains to alleged violations by the department, specifically excess availment of ineligible Input Tax Credit (ITC) due to GSTR 2B mismatches and delayed payment of GST under reverse charge on mining royalty for the Financial Years 2019-20 through 2022-23.The Company received this order on April 10, 2026.In response to the order, Ambuja Cements Limited stated it is currently taking appropriate steps to file an appeal...
Anzen India Energy Yield Plus Trust Appoints Additional Director at Investment Manager
Anzen India Energy Yield Plus Trust Appoints Additional Director at Investment Manager Anzen India Energy Yield Plus Trust's Investment Manager, EAAA Real Assets Managers Limited (formerly Edelweiss Real Assets Managers Limited), has appointed Mr. Vijayanand Semletty as an Additional Director. The board approved this appointment following a recommendation from the Nomination and Remuneration Committee.The appointment is effective from April 10, 2026.Mr. Vijayanand Semletty, who holds DIN: 08414988, is appointed as an Additional Non-Independent Director of the Company.Details regarding Mr. Semletty's profile and appointment are outlined below.DetailInformationNameMr. Vijayanand SemlettyRoleAdditional Director...
Cyber Media Approves Forfeiture of Partly Paid Equity Shares
Cyber Media Approves Forfeiture of Partly Paid Equity Shares Cyber Media (India) Limited announced the approval for the forfeiture of partly paid-up equity shares following the non-receipt of the First and Final Call Money from certain shareholders. The decision was made by the Company's Rights Issue Committee of the Board of Directors during a meeting held on Saturday, April 11, 2026.The forfeiture action pertains to 1,71,329 partly paid-up equity shares. This action follows a Final Reminder cum Forfeiture Notice issued on March 05, 2026, which provided holders with a final opportunity to remit the outstanding Call Money between March 24, 2026, and April 07, 2026.The Company stated that after the specified period, the Call Money on...
SJ Corporation Ltd Receives Listing Approval for 3.5 Million Equity Shares
SJ Corporation Ltd Receives Listing Approval for 3.5 Million Equity Shares SJ Corporation Ltd has received listing approval from the Bombay Stock Exchange (BSE) Limited for the listing of 3,50,00,000 equity shares. The shares are being listed on a preferential basis.The approval pertains to 3,50,00,000 equity shares of Re. 1/- each. These shares are issued at an issue price of Rs. 12/- each, which includes a premium of Rs. 11/- per share, designated for proposed promoters and non-promoters.In a communication dated April 10, 2026, related to the listing of 3,50,00,000 equity shares of Re. 1/- each issued at a premium of Rs. 11/- to promoters and non-promoters on a preferential basis, the Exchange confirmed its pleasure in granting...
Mangalam Industrial Finance Integrates Artificial Intelligence Across Core Operations
Mangalam Industrial Finance Integrates Artificial Intelligence Across Core Operations Mangalam Industrial Finance Limited (MIFL) announced the strategic integration of advanced Artificial Intelligence (AI) technologies across its core operations, marking a significant step toward becoming a technology-driven Non-Banking Financial Company (NBFC).The AI-led transformation is set to enhance critical functional areas within the company. Key improvements are expected in credit assessment, fraud detection, loan processing, and customer engagement. By utilizing intelligent algorithms and data-driven insights, MIFL aims to improve the accuracy of risk evaluation, facilitate faster decision-making, and provide highly personalized financial...
Veerhealth Care Ltd Secures Order for Personal Care Products from New York Company
Veerhealth Care Ltd Secures Order for Personal Care Products from New York Company Veerhealth Care Ltd has received an order for personal care products from a New York based company, an agreement that aggregates to an accepted value of $1,60,650, or approximately 150 lakhs (Rupees One Fifty Lakhs). The company noted that this new order represents a significant opportunity and an anticipated source of additional growth in turnover.The details of the contract award confirm that the order is for the supply of body care products. The transaction involves an international entity, with the terms specified as FOB Nhava Sheva.Key details regarding the order include:Nature of Order: Supply of body care products Origin of Order...
Fire Incident Occurs at Sundaram Brake Linings Plant in Virudhunagar
Fire Incident Occurs at Sundaram Brake Linings Plant in Virudhunagar Sundaram Brake Linings Limited, manufacturers of TVS Brake Linings and Clutch Facings, reported a fire incident at its Plant I located in Kariapatti, Virudhunagar, Tamil Nadu. The fire occurred on Friday, April 10, 2026, at approximately 09:55 P.M. (IST).The company stated that the fire was controlled within time, resulting in no casualty or injury to life. However, the operations at the affected facility will temporarily shut down.The extent of damage to assets and equipment is presently under evaluation, and a detailed estimate is expected to be determined later.Sundaram Brake Linings Limited confirmed that the asset at the affected plant is adequately insured...
R.S. Software (India) Ltd to Hold Board Meeting on May 7, 2026
R.S. Software (India) Ltd to Hold Board Meeting on May 7, 2026 R.S. Software (India) Ltd announced that its Board of Directors will convene a meeting on Thursday, May 7, 2026, at 11:30 AM. The primary agenda for the meeting is to consider and approve the Audited Financial Results for the Quarter and the Financial Year ending March 31, 2026, along with other related matters.The company, which is an ISO 9001:2015 and ISO/IEC 27001:2013 certified entity, operates from its Development Center located at RS Tower, Block DN-9, Saltlec Sector - V, Salt Lake City, Kolkata 700091, India.R.S. Software maintains a presence in international markets. Its US Office is situated at 1900 McCarthy Boulevard, Suite #103, Milpitas, CA 95035. The company...
Bharat Coking Coal Ltd to Hold Board Meeting on April 18, 2026
Bharat Coking Coal Ltd to Hold Board Meeting on April 18, 2026 Bharat Coking Coal Ltd, a subsidiary of Coal India Limited and a Government of India Undertaking, has scheduled its 441st Board of Directors meeting for Saturday, April 18, 2026.During the meeting, the company plans to consider, approve, and take on record the Audited Financial Results of the Company (Standalone) for the 4th quarter of the Financial Year ended March 31, 2026. This action is slated to take place after the results are reviewed by the Audit Committee of the Board.BHARATCOAL Stock Price Movement On Friday, Bharat Coking Coal Limited shares edged higher to close at ₹32.74, gaining 0.21% for the session. The stock settled amid significant activity, recording a...
Grameva Ltd Appoints Mr. Sachin Pilania as Secretarial Auditor for FY 2026-27
Grameva Ltd Appoints Mr. Sachin Pilania as Secretarial Auditor for FY 2026-27 The Board of Directors of Grameva Ltd, formerly known as Bangalore Fort Farms Ltd, approved the appointment of Mr. Sachin Pilania as the Secretarial Auditor for the Financial Year 2026-2027 during a meeting held on April 11, 2026.Mr. Sachin Pilania, a Practicing Company Secretary holding COP No. 14154 and Peer Review Certificate No. 2766/2022, was appointed to undertake the Secretarial Audit of the Company for the specified financial year.The board meeting commenced at 12:30 P.M. and concluded at 1:12 P.M.Details regarding the appointment of the Secretarial Auditor are presented below:SL. NO.PARTICULARSDETAILS1Reason for change viz. appointment...
MM Forgings Ltd Receives Reaffirmed Credit Ratings from CARE Ratings
MM Forgings Ltd Receives Reaffirmed Credit Ratings from CARE Ratings M M Forgings Limited received reaffirmations of its credit ratings from CARE Ratings Limited, detailing the financial facility status for the company.The ratings assessment covered several key facilities and instruments, with the following amounts and ratings noted:Facilities/InstrumentsAmount (₹ crore)Rating 1Rating ActionLong-term bank facilities750.22 (Reduced from 942.36)CARE A; StableReaffirmedLong-term / Short-term bank facilities382.00 (Reduced from 398.00)CARE A; Stable / CARE A1ReaffirmedShort-term bank facilities165.00 (Reduced from 176.00)CARE A1ReaffirmedThe ratings reflect the company's established track record in the auto components...
National Company Law Tribunal Admits Second Motion Petition for Merger Between Rudra Ecovation and Shiva Texfabs
National Company Law Tribunal Admits Second Motion Petition for Merger Between Rudra Ecovation and Shiva Texfabs The National Company Law Tribunal (NCLT), Chandigarh Bench-I, has admitted the Second Motion Petition related to the proposed merger between Rudra Ecovation Limited and Shiva Texfabs Limited.The admission of the Second Motion Petition occurred on April 10, 2026.Rudra Ecovation Limited, formerly known as Himachal Fibres Limited, confirmed the development regarding the proposed merger.Stock Price Movement As of 2:44 PM, Rudra Ecovation Ltd is ticking up to ₹23.28, marking a gain of 3.15% for shares. The stock navigated a range today, dipping as low as ₹22.00 but reaching a peak of ₹24.00.Source:
Grameva Ltd Commences Four New Business Verticals Including Layer Farming and Fish Trading
Grameva Ltd Commences Four New Business Verticals Including Layer Farming and Fish Trading Grameva Ltd, formerly known as Bangalore Fort Farms Ltd, announced the Board of Directors' approval for the commencement of four distinct new lines of business. These additions include a Layer Farming Unit, a Feed Mill Unit, a Piggery Unit, and the Aqua Products Fish Trading Business.The Board meeting to approve these expansions was held on April 11, 2026, commencing at 12:30 P.M. and concluding at 1:12 P.M.New Business Verticals and Investment Outlays The company outlined the details and estimated investments for each new venture.Layer Farming Unit Layer farming, classified under the agriculture and allied activities sector, focuses on...
John Cockerill India Ltd Receives Updated Credit Rating from CARE Ratings Limited
John Cockerill India Ltd Receives Updated Credit Rating from CARE Ratings Limited John Cockerill India Ltd has received an update to its credit rating from CARE Ratings Limited. The update reflects the company's financial standing following the acquisition of a global metals business.The ratings for Long-term / Short-term Bank Facilities have been updated as follows:FacilitiesRatingRating ActionLong-term / Short-term Bank FacilitiesCARE BBB / CARE A3+ (RWD)Placed on Rating Watch with Developing ImplicationsThese updated ratings were issued by CARE Ratings Limited.Operational Context and Transaction Details The revision followed the shareholders' approval for the proposed acquisition of the global metals business of John...
Indriya Limited Approved by CCI to Acquire Stake in Aditya Birla Housing Finance Limited
Indriya Limited Approved by CCI to Acquire Stake in Aditya Birla Housing Finance Limited CCI Approves Acquisition as Indriya Targets Housing Finance Sector Growth The Competition Commission of India (CCI) has granted approval to Indriya Limited for its proposed acquisition of equity shares in Aditya Birla Housing Finance Limited. This approval marks a significant development for the housing finance sector in India.The clearance was issued on April 11, 2026, following the necessary submissions under Regulation 13(2) of the Competition Commission of India (Combinations) Regulations, 2024.Indriya Limited, which will be the acquiring entity, is moving to secure a substantial stake in the established housing finance company, Aditya Birla...
Invicta Diagnostic Limited Approves Agreement for Acquisition of Vinchurkar Diagnostics Private Limited
Invicta Diagnostic Limited Approves Agreement for Acquisition of Vinchurkar Diagnostics Private Limited Invicta Diagnostic Limited announced that its Board of Directors, at a meeting held on April 11, 2026, approved the draft Share Purchase Agreement (SPA) and Shareholders' Agreement (SHA) for the proposed acquisition of Vinchurkar Diagnostics Private Limited. The agreement incorporates certain modifications to the terms and conditions of the transaction.The Company confirmed that it will execute the Share Purchase Agreement and Shareholders' Agreement on April 11, 2026. The revised terms approved by the Board are stated to be broadly in line with earlier disclosures made during the Board Meetings held on January 5, 2026, and March...
Cyber Media Receives Payment for Unpaid Rights Issue Call Money
Cyber Media Receives Payment for Unpaid Rights Issue Call Money Cyber Media (India) Limited reported the receipt of First and Final Call Money for a segment of partly paid-up rights equity shares following a notice issued regarding unpaid dues.The Company previously informed stakeholders about the decision made by the Rights Issue Committee of the Board of Directors to issue a Final Reminder-cumForfeiture Notice. This notice, dated March 05, 2026, was addressed to the holders of 2,09,064 partly paid up rights equity shares pertaining to an unpaid First and Final Call Money of Rs. 7.90 per Share.Cyber Media (India) Limited stated that during the specified collection period, which ran from March 24, 2026, to April 07, 2026, the...
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