Markets

Muthoot Finance Approves Interim Dividend and Plans Object Clause Amendment Muthoot Finance Limited's Board of Directors convened a meeting on April 10, 2026. During this meeting, the Board took several key decisions regarding the company's financial structure and operational scope.The Board of Directors considered and approved the payment of an interim dividend of Rs. 30 (Rupees Thirty) per equity share, representing a 300% payout, for the Financial Year 2025-26.In addition to the dividend declaration, the Board also decided to seek shareholder approval to amend the main objects clause of the Company's Memorandum of Association. This amendment aims to incorporate a new sub-clause that would enable Muthoot Finance to undertake...

Crop Life Science Limited Appoints Sheetalben Rachit Shah as Additional Independent Director Crop Life Science Limited announced the appointment of Ms. Sheetalben Rachit Shah as an Additional (Independent) Director. The appointment was made by the Board of Directors during a meeting held on April 10, 2026, with immediate effect.The company confirmed that Ms. Sheetalben Rachit Shah (DIN: 11633798) has not been debarred from holding the office of Director by any order from the Securities and Exchange Board of India or other authorities.The Board meeting commenced at 04:00 P. M. and concluded at 04:30 P. M.Key details regarding the appointment of Ms. Sheetalben Rachit Shah are outlined below.Sr. No.Detail of EventInformation...

Swiggy Updates Board Leadership with Director Changes and Appointments Swiggy Ltd announced several strategic updates to its Board of Directors following a board meeting held on April 10, 2026. The changes include the resignation of two directors and the appointment of three new directors, effective on staggered dates.The Board considered and approved the resignation of Mr. Roger Clark Rabalais, who stepped down as a Nominee Director, and Mr. Lakshmi Nandan Reddy Obul, who resigned as Whole-Time Director - Head of Innovation, both effective April 10, 2026.New Appointments to the Board The company announced two key appointments slated for future dates, both subject to requisite shareholder approvals.Renan De Castro Alves Pinto...

Jindal Poly Films Ltd Withdraws Application Regarding Proposed Scheme of Arrangement Jindal Poly Films Ltd announced on April 10, 2026, that its Board of Directors approved the withdrawal of an application filed with the BSE Limited and the National Stock Exchange of India Limited. The application related to seeking no-objection or observation letters for a proposed Scheme of Arrangement.The Scheme involved the demerger of the Non-Woven Fabrics business division of Jindal Poly Films Limited (the Demerged Company) into Global Nonwovens Limited (the Resulting Company), impacting their respective shareholders and creditors.The decision to withdraw the application was made following consideration by the Board of Directors at its meeting...

SPML Infra Limited Announces Allotment of 8.5 Lakh Equity Shares on Warrant Exercise On April 10, 2026, SPML Infra Limited confirmed that its Board of Directors approved the allotment of 8,50,000 equity shares. This allotment is proceeding on the exercise of rights attached to 8,50,000 warrants.The Board of Directors passed the resolution authorizing the allotment of 8,50,000 equity shares, each having a face value of Rs. 2/-.The shares are being allotted to Niral Enterprises Pvt Ltd, a promoter group entity, at a specified price of Rs. 215/- per equity share. This allotment price includes a premium component of Rs. 213/-.The financial details pertaining to this allotment are presented below for reference:MetricValueShares...

iValue Infosolutions Announces Resignations of Senior Management Personnel iValue Infosolutions Limited announced the resignations of two senior management personnel, Mr. Sriram Srinivasan, Chief Strategy Officer, and Mr. Brijesh Shrivastava, Head - Channel & Focused Accounts Group. The resignations are effective from the close of business hours on April 10, 2026.The Company confirmed that both individuals are designated as Senior Management Personnel (SMP) of the Company.Details regarding the resignations are provided in the attached disclosure, outlining the specifics for each individual.ParticularsMr. Sriram SrinivasanMr. Brijesh ShrivastavaRoleChief Strategy OfficerHead - Channel & Focused Accounts GroupCessation...

Zodiac Clothing Company Ltd Receives CRISIL Ratings for Debt Instruments Zodiac Clothing Company Ltd has received ratings from CRISIL Ratings Ltd. concerning the debt instruments and facilities of the company. The review and assignment of these ratings were based on a letter dated April 02, 2026.The ratings provided by CRISIL confirm the status of the company's bank loan facilities. According to the ratings provided, the total value of the bank loan facilities rated is Rs. 53 Crore, and the long term rating assigned is CRISIL BB/Stable.The detailed breakdown of the rated facilities across various banks is provided below:S.No.Bank FacilityBankAmount (Rs. in Crore)Outstanding Rating1Fund-Based FacilitiesRBL Bank Limited20Crisil...

Panacea Biotec Receives Industrial Tribunal Awards Regarding Workmen Panacea Biotec Limited confirmed receiving four Awards from the Presiding Officer (in the rank of Additional District Judge) of the Industrial Tribunal, S.A.S. Nagar, Mohali. The Awards, received on 9 April 2026, pertain to matters involving workmen and have implications spanning from 2014 onwards.The Tribunal's decisions, as reported, included several key stipulations concerning the workmen. Specifically, the Awards mandate:Setting aside the transfer of 23 workmen and granting relief of full back wages dating from the transfer period. Awarding a reasonable wage revision for the workmen. Awarding reinstatement of the workers, excluding those who have settled their...

SEBI Processes 50+ Draft IPOs: Key Issues Face Extended Observation Waits as Market Awaits Clearance The Securities and Exchange Board of India (SEBI) released an update on the processing status of draft offer documents, revealing the ongoing pipeline of Initial Public Offerings (IPOs). The report, dated April 10, 2026, details which listings are currently under review and where communication delays persist.This comprehensive status update is crucial for market participants tracking upcoming capital raises. SEBI's regulations mandate that any unlisted company planning an IPO must file a draft offer document through a merchant banker.Overview of Draft Offers Under Active SEBI Review The bulk of the filings are detailed under "Draft...

Kopran Limited Receives NCLT Direction for Merger Meetings Kopran Limited announced that the National Company Law Tribunal (NCLT), Mumbai Bench, issued an order directing the respective companies to hold meetings for Equity Shareholders, Secured Creditors, and Unsecured Creditors.The development relates to the proposed Scheme of Amalgamation, which involves the Merger by Absorption of Kopran Laboratories Limited (the Transferor Company) with Kopran Limited (the Transferee Company) and their respective Shareholders and Creditors. This amalgamation is structured under Section 230 to 232 and other applicable provisions of the Companies Act, 2013, and is subject to the receipt of necessary regulatory and other approvals.The order was...

HUDCO Receives Notification Regarding Fines for Non-Compliance with Listing Regulations Housing & Urban Development Corporation Limited (HUDCO) received correspondence detailing fines levied by the National Stock Exchange of India Limited (NSE) for non-compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The NSE notice referenced SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 ('Master Circular'), which outlines Standard Operating Procedure for imposing fines and suspension of trading in cases of non-compliance with the Listing Regulations.The notice indicated that HUDCO had delayed compliance with certain Listing Regulations for the quarter ended 31-Dec-2025. The attached annexure...

Ashoka Buildcon Limited Promoters Declare No Encumbrances on Shares for FY 2026 Ashok Motilal Katariya, identified as one of the Promoters of Ashoka Buildcon Limited, made a declaration regarding the shares of the company. The declaration, submitted on April 2, 2026, covers the period up to the financial year ended March 31, 2026.The declaration, issued on behalf of all Promoters, Members of the Promoter Group, and Persons acting in concert of Ashoka Buildcon Limited, stated that the promoters group and associated persons have not created any encumbrance on the Company's shares. This applies both directly and indirectly.Key details regarding the company and the declaration include:Company Name: Ashoka Buildcon Limited Scrip Code...

Aptech Limited Receives Order Allowing Deduction on Income Tax Demand for AY 2024-25 Aptech Limited announced a development regarding the income tax demand for Assessment Year 2024-25. The company reported receiving an order under Section 154 of the Income-tax Act, 1961. This order is dated April 06, 2026, and was received by the company on April 09, 2026.The Income Tax Department, through this order, allowed a deduction claimed under Section 80M, amounting to Rs. 20,07,57,151/-.This development has a direct impact on the previously noted tax liability. Following the receipt of this order, the demand of Rs. 6,36,92,990/- that had been raised earlier has been fully nullified. Consequently, Aptech Limited stated that there is no...

Waaree Renewable Technologies Ltd Board Meeting Scheduled to Approve FY2026 Results Waaree Renewable Technologies Limited announced that its Board of Directors is scheduled to meet on Thursday, April 16, 2026. The key purpose of the board meeting is to approve and record the audited financial results for the quarter and the full financial year ending March 31, 2026.During the meeting, the board will take on record the audited standalone financial results of the Company, prepared under Indian Accounting Standards (Ind AS), for the quarter and financial year ending March 31, 2026. Additionally, the board will approve and record the audited consolidated financial results under Ind AS for the same period.WAAREERTL Stock Price Movement...

Rathi Bars Ltd Board Meeting Approves Revival Steps Following Temporary Suspension of Operations On April 10, 2026, the Board of Directors of Rathi Bars Limited convened a meeting at the Company's Registered Office, commencing at 3:00 P.M. and concluding at 4:15 P.M. During the session, the board considered and approved several material matters concerning the company's operational status and future direction.Key Outcomes and Approvals The board meeting addressed governance matters, operational suspensions, and strategies for revival. Key actions approved by the board included:Temporary Suspension of Operations: The board noted, approved, and ratified the temporary suspension of manufacturing operations. This suspension was...

Mahindra & Mahindra Reports Production and Sales Figures for March 2026 Mahindra & Mahindra Ltd has released its production, sales, and export figures for the month of March 2026. The data provides a detailed breakdown across various utility vehicles, vans, e-rickshaws, three-wheelers, and commercial vehicles.Monthly Performance Snapshot For the month of March 2026, the company reported a total production figure of 102,701 units. The total sales reached 81,880 units, and the total export volume was recorded at 4,042 units.The overall performance across different categories is summarized below:CategoryMar-25 ProductionMar-26 ProductionMar-25 SalesMar-26 SalesMar-25 ExportMar-26 ExportTotal 10270181880 43284042Utility...

McLeod Russel India Accepts Debt Restructuring Sanction from NARCL McLeod Russel India Limited announced on April 10, 2026, its acceptance of a Sanction Letter from National Asset Reconstruction Company Ltd (NARCL). The agreement pertains to the restructuring of the company's debt.NARCL represents approximately 75.02% of the total lenders' value as recorded on December 31, 2025. The company is simultaneously engaged in discussions with the remaining lenders, who collectively represent 24.98%, regarding restructuring or settlement terms.As per the terms outlined in the sanction letter, McLeod Russel India Limited must pay sustainable debt amounting to Rs. 1,050 crores to NARCL on or before February 15, 2029. Furthermore, the...

Jindal Poly Films Limited Withdraws Application for Proposed Scheme of Arrangement Jindal Poly Films Limited announced that its Board of Directors approved the withdrawal of an application filed with BSE Limited and National Stock Exchange of India Limited concerning a proposed Scheme of Arrangement. The withdrawal pertains to the demerger of the Non-Woven Fabrics business division of the Demerged Company into Global Nonwovens Limited, the Resulting Company.The decision to withdraw the application, which was sought under Regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was taken by the Company's Board of Directors during a meeting held on April 10, 2026.The withdrawal of the Application...

Omaxe Limited Allots Non-Convertible Debentures to Aggregate Rs. 31,30,00,000 Omaxe Limited announced the further allotment of Non-Convertible Debentures (NCDs) on a Private Placement basis. The Debenture Issue & Allotment Committee approved the allotment of 313 Unrated Senior Secured Non-Convertible Debentures of a face value of Rs. 10,00,000 each, aggregating to Rs. 31,30,00,000.The approval for this allotment was made during a meeting held on April 10, 2026, concerning the issuance and allotment of Unrated Senior Secured Non-Convertible Debentures.The details concerning this allotment are presented below.ParticularsDetailsType of securities issued / allottedUnrated Senior Secured Non-Convertible Debentures ("NCDs")Type...

Quicktouch Technologies Files Appeal Against RBI Order Regarding Payment Aggregator Authorization Quicktouch Technologies Limited filed an appeal on April 10, 2026, challenging the rejection of its application to the Reserve Bank of India for authorization to operate as a Payment Aggregator.The company initiated the appeal under Section 9 of the Payment and Settlement Systems Act, 2007. This action was taken before the Ministry of Finance (Department of Financial Services), Government of India. The appeal directly addresses the order that rejected Quicktouch Technologies' application, following an earlier disclosure made by the company on March 12, 2026.The filing of the appeal seeks appropriate relief concerning the aforementioned...