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RBI Cancels License of National Urban Cooperative Bank, Pratapgarh: What Depositors Need to Know Now
RBI Cancels License of National Urban Cooperative Bank, Pratapgarh: What Depositors Need to Know Now Reserve Bank Takes Drastic Action on 'National Urban Cooperative Bank Ltd., Pratapgarh' The Reserve Bank of India (RBI) has issued a definitive order cancelling the license of 'National Urban Cooperative Bank Ltd., Pratapgarh'. This action was formally taken via an order dated April 10, 2026. Consequently, the bank immediately ceases all banking business operations as of the close of business on the same date.Furthermore, the Commissioner and Registrar of Cooperative, Uttar Pradesh, has been formally requested to issue the necessary order for the winding up of the bank. This directive also includes the appointment of a liquidator to...
Wakefit Innovations Announces Departure of Vice President - Retail Operations
Wakefit Innovations Announces Departure of Vice President - Retail Operations Wakefit Innovations Limited announced the resignation of Mr. Dibyendu Panda, Vice President - Retail Operations, effective from the close of business hours on April 10, 2026. Mr. Panda stated that his resignation is to pursue better career opportunities.The company detailed the resignation in a formal notification, noting the change in senior management personnel.The particulars regarding the change in management are summarized as follows:Sl. NoParticularsDetails1Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwiseResignation2Date of appointment/re-appointment/cessation (as applicable) & term of...
Mrugesh Trading Ltd Board Meeting Approves Secretarial Auditor Appointment
Mrugesh Trading Ltd Board Meeting Approves Secretarial Auditor Appointment Mrugesh Trading Ltd announced that its Board of Directors held a meeting on April 10, 2026, and approved key procedural matters for the company.During the meeting, the Board recommended the appointment of M/s. Dhruvi Patel & Associates, Company Secretaries, Ahmedabad (FRN: S2025GJ1018200), to serve as the Secretarial Auditor for the financial year 2025-26. This recommendation by the Board is based on the advice of the Audit Committee and is subject to the approval of the company's shareholders.The appointment details for M/s. Dhruvi Patel & Associates are summarized below.CategoryDetailAuditor AppointedM/s. Dhruvi Patel & Associates, Company...
Torrent Pharmaceuticals Limited Reports Zero Observations in USFDA Inspection
Torrent Pharmaceuticals Limited Reports Zero Observations in USFDA Inspection Torrent Pharmaceuticals Limited announced the conclusion of a USFDA inspection at its Bileshwarpura (Oncology) facility. The inspection took place from April 6, 2026, to April 10, 2026, and resulted in zero observations.TORNTPHARM Stock Price Movement Today, Torrent Pharmaceuticals Limited shares edged higher to close at ₹4155.2, climbing 1.26% for the session. The stock settled today on a total volume of 354,702 shares.Source:
L&T Realty Properties to Acquire 100% Stake in International Green Scapes Limited
L&T Realty Properties to Acquire 100% Stake in International Green Scapes Limited Larsen & Toubro Limited's wholly owned subsidiary, L&T Realty Properties Limited (L&T RPL), has executed an agreement for the acquisition of a 100% stake in International Green Scapes Limited (IGSL). Following the completion of the acquisition, IGSL will become a wholly owned subsidiary of the Company.The acquisition of the stake in International Green Scapes Limited was finalized through a Share Purchase and Shareholders' Agreement. This transaction is set to enable L&T RPL to leverage the land owned by IGSL for enhancing and expanding its real estate development portfolio.The transaction details confirm that L&T RPL acquired a 100% stake, comprising...
DCW Limited Receives Trading Approvals for Shares Issued Under Scheme of Amalgamation
DCW Limited Receives Trading Approvals for Shares Issued Under Scheme of Amalgamation DCW Limited announced the receipt of trading approvals for 5,37,40,360 equity shares issued as part of a Scheme of Amalgamation involving Dhrangadhara Trading Company Private Limited, Sahu Brothers Private Limited, and DCW Limited.The shares were issued pursuant to a Scheme of Amalgamation executed under Sections 230-232 read with Section 66 of the Companies Act, 2013. This development follows earlier disclosures made by the company on January 23, 2026, January 30, 2026, and February 19, 2026, concerning the approval of the Scheme by the National Company Law Tribunal, Ahmedabad Bench, and the subsequent allotment of equity shares.The company...
Sonu Infratech Secures Work Orders Worth Rs. 48,08,208.50 and Rs. 5,455,000 from Reliance Industries Limited
Sonu Infratech Secures Work Orders Worth Rs. 48,08,208.50 and Rs. 5,455,000 from Reliance Industries Limited Sonu Infratech Limited announced the receipt of significant work orders from Reliance Industries Limited. The orders pertain to civil repair and maintenance service work, and the company confirmed the details of these contracts.The company announced receiving two separate work orders from Reliance Industries Limited. The first order is valued at Rs. 48,08,208.50, dated March 13, 2026, and was received via E-mail on April 09, 2026. The second order is for Rs. 5,455,000, dated March 02, 2026, and was received via E-mail on April 10, 2026.These new work orders are expected to strengthen the company's customer base and contribute...
LIC Housing Finance Limited Approves Change in Senior Management Personnel
LIC Housing Finance Limited Approves Change in Senior Management Personnel LIC Housing Finance Limited announced on April 10, 2026, that its Board of Directors approved changes in the company's Senior Management Personnel (SMP). The board's decision was based on the recommendation of the Nomination and Remuneration Committee.The specific update involves the appointment of Shri Sanjay Dayal as Chief Operating Officer.Shri Dayal's profile indicates he was born on July 15, 1969, in Srinagar, and hails from Shimla, Himachal Pradesh. He possesses an MBA in Finance and a Ph.D. in Psychology. He is proficient in Punjabi, Hindi, and English.His professional career began at Punjab National Bank, followed by a tenure at Life Insurance...
Gujarat State Petronet Limited Receives Income Tax Rectification Order for Assessment Year 2024-25
Gujarat State Petronet Limited Receives Income Tax Rectification Order for Assessment Year 2024-25 Gujarat State Petronet Limited confirmed the receipt of a rectification order related to its income tax assessment for the year 2024-25, corresponding to the Financial Year 2023-24.The company reported that it received the rectification order under Section 154 of the Income Tax Act, 1961, on April 10, 2026. This order was issued by the Assistant Commissioner of Income Tax, Gandhinagar Circle, Gandhinagar.The rectification order dated April 9, 2026, corrected the assessed income figure. Specifically, the order rectified the assessed income in the tax computation to Rs.1,435 crores, changing the previous figure of Rs.1,683 crores for AY...
Emerald Leisures Ltd Receives Letter of Intent for SRA Redevelopment Project at Chembur
Emerald Leisures Ltd Receives Letter of Intent for SRA Redevelopment Project at Chembur Emerald Leisures Limited has secured a Letter of Intent (LOI) for a redevelopment project located at Swastik Park, Chembur, Mumbai. The LOI, dated April 10, 2026, provides in principle approval for the development on a plot bearing C.T.S. No. 366/6 (PT) of village Chembur Taluka Kurla, situated at Swastik Park, Chembur, Mumbai 400071 in M(W) ward.The redevelopment project is slated for the 6299 sq.mtrs plot area. The expected development scope anticipates yielding a carpet area of approximately 1,75,000 sq.ft. Furthermore, the project has an estimated Gross Development Value (GDV) of INR Rs.600 crores.Emerald Leisures Limited, which is listed...
Regency Fincorp Ltd Approves Private Placement of Secured Non-Convertible Debentures
Regency Fincorp Ltd Approves Private Placement of Secured Non-Convertible Debentures Regency Fincorp Ltd, formerly known as Regency Investments Limited, announced that its Board of Directors, at a meeting held on April 10, 2026, approved the issuance of Secured, Rated, Listed, Non-Convertible Debentures (NCDs) via a private placement.The company authorized the issuance of 30,000 units of the NCDs, each having a face value of INR 10,000. The total aggregate amount for this private placement is INR 30,00,00,000/- (Indian Rupees Thirty Crores Only).Key appointments related to the debenture issuance were also formalized during the board meeting. Catalyst Trusteeship Limited was appointed as the Trustee for the 30,000 units of Secured...
Signpost India Limited Announces Resignation of Independent Director
Signpost India Limited Announces Resignation of Independent Director Signpost India Limited reports that Mrs. Amita Desai has resigned from her position as Non-Executive Independent Director and Member of the Nomination & Remuneration Committee of the Company. The resignation is effective from the close of business hours on April 10, 2026.The Company stated that Mrs. Desai tendered her resignation on April 10, 2026, citing other professional engagements as the reason for her departure.The details concerning this change in directorship, as required for regulatory reporting, are summarized below:ParticularsDetailsReason for changeResignation of Mrs. Amita Desai (DIN: 00006933), as Non-Executive Independent Director for reasons...
Digilogic Systems Ltd Receives Purchase Order of Rs. 115 Lakhs from Defence PSU
Digilogic Systems Ltd Receives Purchase Order of Rs. 115 Lakhs from Defence PSU Digilogic Systems Ltd, formerly known as Digilogic Systems Private Limited, has secured a purchase order from a Defence PSU. The contract pertains to the Supply, Installation and Commissioning of an Over the Air TRM characterization facility designed for testing and evaluating Radar sub-systems.The company confirmed the receipt of this purchase order in the ordinary course of its business operations.The value of the purchase order received from the Defence PSU is Rs. 115 Lakhs, excluding GST.Stock Price Movement At the close today, Digilogic Systems Ltd settled at ₹92.90, edging higher by 2.02%. Throughout the session, shares saw movement between a low...
PNB Gilts Ltd Board Meeting Scheduled for April 20, 2026
PNB Gilts Ltd Board Meeting Scheduled for April 20, 2026 PNB Gilts Limited, a subsidiary of Punjab National Bank, has scheduled a Board meeting on Monday, April 20, 2026. The meeting is slated to consider and approve the audited financial results of the Company for the quarter and year ending March 31, 2026. Additionally, the board is set to consider the proposal for recommending a final dividend, if any, for the fiscal year 2025-26.Furthermore, the trading window for PNB Gilts Limited will reopen on April 23, 2026. This follows the closure of the trading window, which was effective as of April 1, 2026.PNBGILTS Stock Price Movement Today, PNB Gilts Limited shares edged higher, settling at ₹70.34, up 1.75% for the session. Trading...
Apollo Hospitals Enterprise Limited Increases Shareholding in Apollo Health and Lifestyle Limited to 100%
Apollo Hospitals Enterprise Limited Increases Shareholding in Apollo Health and Lifestyle Limited to 100% Apollo Hospitals Enterprise Limited announced a further acquisition in Apollo Health and Lifestyle Limited (AHLL), bringing its effective shareholding to 100%. The latest transaction involved purchasing an additional 775,744 equity shares of AHLL.The acquisition was completed from existing individual shareholders. Details confirm that the shares were purchased at a price of Rs. 241 per share.For this latest tranche of shares, the total consideration paid by Apollo Hospitals Enterprise Limited was Rs. 18.69 crores.This latest acquisition significantly bolstered the company's stake, increasing its shareholding in AHLL to 100%...
TVS Srichakra Limited Assigns Rights for Global Brand Visibility
TVS Srichakra Limited Assigns Rights for Global Brand Visibility TVS Srichakra Limited announced an Assignment and Assumption Agreement executed on April 10, 2026. This agreement involves Super Grip Corporation, USA, which is a wholly owned subsidiary of TVS Srichakra Limited, and Bristol Motor Speedway, LLC, USA.Under the terms of the agreement, the Company assumes all rights, duties, and obligations of Super Grip Corporation relating to a Suite License Agreement dated February 16, 2024, and a Sponsorship Agreement dated April 5, 2024. These agreements were originally executed by Super Grip Corporation, USA, with Bristol Motor Speedway, LLC, USA.The stated purpose for entering into this agreement is enhancing the visibility and...
Finkurve Financial Services Reports Interest Payment on Non-Convertible Debentures
Finkurve Financial Services Reports Interest Payment on Non-Convertible Debentures Finkurve Financial Services Limited confirmed the timely payment of interest pertaining to its Non-Convertible Debentures (NCD) to all concerned NCD Holders. The interest payment was made as per the terms outlined in the Term Sheet and was reported for the record.The details of the interest payment concern NCDs with the following specifications:ParticularsDetailsISININE734I07073Issue SizeRs. 60,00,00,000/- (Rupees Sixty Crores)Interest Amount to be paid on due dateRs. 51,18,312.33 (Rupees Fifty-One Lakh Eighteen Thousand Three Hundred Twelve and Thirty-Three Paise Only.) *Net amount after deduction of TDSFrequencyMonthlyInterest...
Nestle India Board to Consider FY2025-26 Results and Dividend on April 21
Nestle India Board to Consider FY2025-26 Results and Dividend on April 21 Nestle India Ltd has scheduled a Board of Directors meeting for Tuesday, April 21, 2026. At this meeting, the Board plans to consider the audited financial results (both standalone and consolidated) for the financial year that ended on March 31, 2026.Furthermore, the directors will review the recommendation of a final dividend pertaining to the financial year 2025-26. This potential dividend recommendation will be presented for the approval of the members at the ensuing Annual General Meeting.The company also issued information regarding its trading status. The trading window for dealing in Nestle India's securities remains closed from April 1, 2026, through...
ISGEC Heavy Engineering Reports Full Operations Resumption at Muzaffarnagar Unit
ISGEC Heavy Engineering Reports Full Operations Resumption at Muzaffarnagar Unit ISGEC Heavy Engineering Ltd. confirmed that it has received permission to resume full operations at its unit located at Village Nara, Meerut Road, Muzaffarnagar, Uttar Pradesh. This follows the company's adherence to directives issued by regulatory bodies.The company previously communicated that the Commission for Air Quality Management in National Capital Region and Adjoining Areas, New Delhi, had directed the closure of all industrial operations at the Muzaffarnagar unit until further orders.Management confirmed that the resumption of activities is effective following the issuance of a letter dated April 09, 2026, from the Commission, subsequent to...
Imagicaaworld Entertainment Secures Rs. 65 Crore Financing Agreement
Imagicaaworld Entertainment Secures Rs. 65 Crore Financing Agreement Imagicaaworld Entertainment Limited executed financing agreements with Axis Bank Limited and IDBI Trusteeship Services Limited on April 10, 2026. The financing deal is aimed at shoring up long term resources for the company.The agreements were entered into between Imagicaaworld Entertainment Limited, acting as the Borrower, and Axis Bank Limited, serving as the Lender, with IDBI Trusteeship Services Limited acting as the Security Trustee.A comprehensive look at the financial terms of the financing agreement reveals the following key details:DetailInformationSize of AgreementRs. 65,00,00,000 (Rupees Sixty Five Crore Only)LenderAXIS Bank Limited...
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