Markets

Vakrangee Limited Expands Insurance Portfolio Through Partnership with IndiaFirst Life Insurance Vakrangee Limited has announced a strategic corporate partnership with IndiaFirst Life Insurance Company Limited to enhance the availability of life insurance solutions across its extensive network. The collaboration aims to strengthen insurance service delivery, particularly in rural and semi-urban regions.Through this alliance, Vakrangee will provide access to a diverse range of life insurance products via its network of Vakrangee Kendras. These outlets, which are largely situated in rural and semi-urban geographies, will now be able to distribute multiple insurance offerings, including term protection plans, catering to both individual...

SEBI Moves to Seize Assets: Notice Issued to Attach Demat, Bank Accounts of Sanchi Research The Securities and Exchange Board of India (SEBI) has taken significant punitive action, issuing notices to attach the assets of M/s Sanchi Research. The order, dated April 10, 2026, mandates the attachment of the company's holdings across multiple financial institutions.The directives are addressed to major clearing corporations, mutual fund houses, and all banks nationwide. This action relates to the recovery of dues amounting to ₹ 6,73,000 against the proprietor, Mr. Ramgopal Set.Details of the Attached Financial Liabilities The recovery action is predicated on a Recovery Certificate No. 7671 of 2024, initially drawn up on February 20...

Simplex Castings Ltd. to Host Analyst Interaction on April 17, 2026 Simplex Castings Ltd. has scheduled an interaction session with an institutional investor as part of its schedule of management meetings with analysts and investors.The company management will interact with Fintrekk Capital on April 17, 2026, at 4:00 P.M. The meeting is scheduled to take place virtually.During this scheduled meeting, the company stated that it will refer only to information that is publicly available, and no confidential or unpublished price sensitive information will be shared or discussed.The interaction details are summarized below:DateTimeAnalyst / Institutional InvestorType of MeetingMode17th April, 20264:00 P.MFintrekk CapitalOne to...

Containe Technologies Ltd Forfeits Outstanding Warrants After Non-Exercise by Holders Containe Technologies Ltd announced that its Board of Directors approved the forfeiture of outstanding warrants following the expiry of the conversion option period for the warrant holders. The board meeting addressing this action was held on April 10, 2026.The company had previously informed the market regarding warrant allotments. Earlier on September 5, 2024, the Board had allotted 24,50,000 Equity Share Warrants. These warrants had a face value of Rs. 10/- each and were issued at an issue price of Rs. 86/- per equity share, incorporating a premium of Rs. 76/- each. The allotment gave warrant holders the right to apply for and be allotted one...

Mahindra Holidays & Resorts Announces Conference Call for Q4 and FY26 Performance Mahindra Holidays & Resorts India Ltd has scheduled an Earnings Conference Call to discuss the financial and operational performance of the company for the fourth quarter and the financial year ended March 31, 2026.The conference call is set for Monday, April 27, 2026, at 6:00 p.m. IST. The event will be hosted from Mumbai and will be attended by analysts and investors.Key participants slated to attend the call include Mr. Manoj Bhat, Managing Director & CEO, and Mr. Vimal Agarwal, CFO, along with the Senior Management Team.Participants can join the conference call via an Audio Conference call. Access numbers for different regions are provided as...

TGV Sraac Ltd Announces Capacity Additions for Chloromethanes and Products TGV Sraac Ltd has reported capacity increases for several products, effective from April 10, 2026. These additions reflect steps taken by the company to expand its production capabilities for chloromethanes and other related products.The company detailed the capacity additions and the resulting total declared capacity in the following table:ProductCapacity Addition declaredTotal declared capacityPotassium Hydroxide2715076650Liquid Chlorine17160279960Methylene Chloride1781798550Chloroform1245062050Carbon Tetra Chloride15347665HCL (100%) From CMS160624038The official intimation regarding the capacity enhancement was issued on April 10...

Shriram Finance Receives Listing Approval for Shares Allotted to MUFG Bank Ltd. Shriram Finance Ltd announced that it has received listing and trading approval for 47,11,21,055 equity shares allotted to MUFG Bank Ltd. The approval was secured from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).The allotment of the shares occurred following the company's Board Meeting held on April 8, 2026. During this meeting, the company authorized the preferential allotment of 47,11,21,055 Equity Shares of the Company to MUFG Bank Ltd.These shares have a face value of Rs. 2/- each and were issued at a premium of Rs. 838.93 per share. The distinctive numbers of the allotted shares range from 1881565372 to 2352686426...

Camlin Fine Sciences Receives Income Tax Demand Notice for Assessment Year 2023-24 Camlin Fine Sciences Limited reported receiving a notice of demand under section 156 of the Income-Tax Act, 1961. The notice pertains to an Assessment Order received from the Assessment Unit, Income Tax Department for the Assessment Year 2023-24.The details of the tax order are as follows:AuthorityNature and Details of Action/OrderDate of ReceiptAssessment Unit, Income Tax DepartmentNotice of demand under section 156 of the Income-Tax Act, 1961, demanding Rs. 5,46,98,560 for assessment year 2023-24.April 10, 2026The demand stems from an Assessment Order passed under section 143(3) of the Income-Tax Act, 1961, for the Assessment Year 2023-24...

Vaxtex Cotfab Limited Approves Shifting of Registered Office in Ahmedabad Vaxtex Cotfab Limited, a company dealing in Suiting & Shirting Fabrics, announced the approval of shifting its registered office premises. The decision was made by the Board of Directors during a meeting held on Friday, April 10, 2026.The company's registered office will move from its current location at J-03 (GF to 4th Floor) Tejendra Arcade, Nr. Ganjifarak Mill Compound, Nr. Rakhial Char Rasta, Rakhial, Ahmedabad-380023, Gujarat, India. The new registered address will be 306, Sarthik Complex, Nr, Iscon Cross Road, Satellite, Ahmedabad -380015.The Board meeting commenced at 04:00 p.m. and concluded at 04:30 p.m.The details comparing the current and new...

Faalcon Concepts Ltd Board Meeting Addresses Related Party Transactions and Annual Authorizations Faalcon Concepts Ltd held its Board of Directors meeting on April 10, 2026. The meeting commenced at 04:00 p.m. and concluded at 04:20 p.m. via video conferencing. During the meeting, the Board addressed several key corporate governance and operational matters.The board's discussions and approvals included taking note of disclosures regarding director's interest through Form MBP-1 and acknowledging Form DIR-8 pertaining to disqualifications of directors under section 164 of the Companies Act, 2013.A significant part of the board's proceedings involved approving related party transactions for the financial year 2026-27. Specifically, the...

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...