Markets

Diensten Tech Limited Approves Preferential Issue of Warrants Worth Rs. 4.58 Crore Diensten Tech Limited announced that its Board of Directors held a meeting on April 28, 2026, and approved the preferential issuance of Fully Convertible Warrants to selected promoters and public category investors. The transaction involves the issue of up to 3,98,800 Warrants, aggregating up to Rs. 4,58,62,000 for cash.Under the approved plan, each Warrant carries the right to subscribe to one Equity Share of face value of Rs. 10 only. The issuance was conducted on a preferential basis at an issue price of Rs. 115 only per Warrant. The total value of the issue is subject to the shareholders' approval.The total number of Warrants approved for...

Piccadily Agro Reports Robust Growth in FY26, Driven by Distillery Expansion and IMFL Momentum Piccadily Agro Industries Limited reported strong financial performance for the quarter and year ended March 31, 2026, highlighting major operational expansions and sustained growth across its alcoholic beverage portfolio. The company noted significant achievements, including the expansion of its Indri distillery and the commissioning of a new greenfield facility in Chhattisgarh, both completed within budgeted cost estimates.During the fiscal year 2026, the Distillery business recorded a strong financial performance, with revenue growing by 41% year-over-year. The EBITDA margin for this segment improved to 32%, marking an increase of 200...

Netweb Technologies Introduces Tyrone ParallelStor Velox, a Unified Data Platform for AI and HPC Netweb Technologies has unveiled Tyrone ParallelStor Velox, a unified data platform featuring parallel file system capabilities designed to tackle the critical data bottleneck currently impacting modern AI infrastructure and high-performance computing (HPC) workloads.The company stated that as organizations scale their AI workloads and deploy increasingly powerful GPU clusters, a fundamental constraint has emerged. While compute performance has advanced rapidly, the required data infrastructure has not kept pace. The core limitation, according to Netweb, is that AI performance is no longer limited by compute but by data.Velox is...

Anondita Medicare Qualified as Vendor for South African Government Tender Anondita Medicare Limited, an Indian manufacturer, has secured vendor status with local entities in South Africa. The company was qualified under the Transversal Contract RT75-2025, issued by the National Treasury, Republic of South Africa.The qualification is notable as it follows the successful completion of extensive due diligence, audit processes, and regulatory approvals by the South African Bureau of Standards (SABS). Anondita Medicare holds the SABS Certification (SANS 4074:2017).The Transversal Contract RT75-2025 establishes a critical procurement framework for public healthcare requirements across South Africa. The contract period for this supply...

Clean Max Enviro Energy Solutions Limited to Sell Shares in Subsidiaries to SAMHI Hotels and Nuvoco Vistas Clean Max Enviro Energy Solutions Limited has approved the sale of shares in two of its wholly owned subsidiaries, Clean Max Solomon Private Limited and Clean Max Ilgohp Private Limited. The transaction details confirm that the sales were approved by the Company’s Board of Directors on April 28, 2026.The sale involves 4,900 shares held by Clean Max Enviro Energy Solutions Limited in Clean Max Solomon Private Limited, which is a wholly owned subsidiary of SAMHI Hotels Limited. Separately, the Company plans to sell 2,600 shares of Clean Max Ilgohp Private Limited, a wholly owned subsidiary of Nuvoco Vistas Corporation Limited.The...

KSB Limited Highlights Sustainability Progress with BRSR Report for 2025 KSB Limited has published its Business Responsibility and Sustainability Report (BRSR) for the Financial Year ended December 31, 2025, detailing significant achievements and commitments across environmental, social, and governance (ESG) domains. The report emphasizes the company's shift towards sustainable manufacturing and responsible corporate conduct.Environmental Sustainability and Waste Management The company highlighted several key environmental milestones and recognized its leadership through prestigious industry accolades.Major Achievements & Certifications:Awards: KSB received the MCCIA Award for Sustainability 2025, recognizing its impactful...

Piccadily Agro Industries Reports Strong FY26 Results, Surpassing INR 1,100 Crore Revenue Milestone Piccadily Agro Industries Limited has announced its financial results for the fiscal year ended March 31, 2026 (FY26), marking a period of exceptional growth and solidifying its market position through the expansion of its distillery and premium spirit offerings. The company reported a total revenue of INR 1,143 crore for FY26.Full Year Financial Highlights (FY26) The financial performance shows significant year-over-year growth across key operational segments.MetricFY26 ValueFY25 ValueChangeTotal RevenueINR 1,143 croreINR 893 crore28% surgeAlco-bev Division RevenueINR 908 croreINR 639 crore42.1% YoYProfit Before Tax...

KPIT Technologies Limited Approves Grant of 21,000 Options to Employees KPIT Technologies Limited announced that its Nomination and Remuneration (HR) Committee, during a meeting held on April 28, 2026, approved the grant of 21,000 options to eligible employees. This grant falls under the established KPIT Technologies Limited- Restricted Stock Unit Plan 2022, which was previously approved by shareholders at the Annual General Meeting on August 24, 2022.The approved options grant involves 21,000 options for eligible employees as determined by the Committee. The details regarding the significant terms of the option grant are outlined below:DetailDescriptionTotal Options Granted21,000 options to the eligible employees.Shares...

Transindia Real Estate Limited Acquires 100% Stake in Three Companies to Boost Logistics and Real Estate Presence Transindia Real Estate Limited announced its acquisition of 100% equity share capital in three entities: Dighanta Landscape Private Limited, Panchghara Landscape Private Limited, and Panchghara Logistics Parks Private Limited. These acquisitions are set to consolidate the company’s business operations and enhance its market presence within the real estate and logistics sectors.Following the execution of Share Purchase Agreements (SPAs), Panchghara Landscape Private Limited became a wholly owned subsidiary of Transindia Real Estate Limited with effect from April 28, 2026. The remaining target companies are expected to...

InfoBeans Technologies Reports Breakout FY26 Performance with PAT More Than Doubling InfoBeans Technologies Limited, a global AI-led digital engineering firm, today announced its exceptional financial results for the fourth quarter and the full fiscal year ending March 31, 2026. The company reported a breakout performance, with Q4 FY26 marked as its best quarter in history, signaling robust year-on-year growth across revenue and profitability.Full Year FY26 Highlights For the full fiscal year 2026, the company achieved significant growth metrics. Total revenue saw a 32% increase year-on-year in INR terms, reaching ₹539 Cr (up from ₹410 Cr in FY25), and 24% in USD terms.EBITDA for FY26 registered a strong 64% jump, amounting to ₹138...

Indus Towers Incorporates Wholly Owned Subsidiary in GIFT City, Gujarat Indus Towers Limited has announced the incorporation of its Wholly Owned Subsidiary (WOS) in the Gujarat International Finance Tec-City (GIFT City), Gujarat, India. The new entity, named Indus Towers Global Ventures IFSC Limited, received its Certificate of Incorporation on April 28, 2026.The WOS is positioned to serve as a key corporate mechanism for the company. It will primarily function as an investment holding company for Indus Towers Limited's overseas subsidiaries. Additionally, the subsidiary will undertake treasury functions and other related activities permitted under the IFSC framework for the benefit of the company and its subsidiaries.Details of the...

Route Mobile Limited Subsidiary Receives EPFO Penalty Orders Pertaining to Pre-Acquisition Period Route Mobile Limited has reported receiving penalty orders concerning its wholly owned subsidiary, Send Clean Private Limited. These orders, issued by the Employees Provident Fund Organisation (EPFO), relate to alleged defaults concerning Provident Fund (PF) contributions for a period prior to Route Mobile Limited’s acquisition of the subsidiary.The orders were passed by the Regional PF Commissioner II, RPFC Bandra, detailing two composite orders dated December 31, 2025, under Sections 14B and 7Q of the EPF&MP Act, 1952. The total combined penalty amount amounted to ₹28,15,775.According to the company, the allegations center on the...

AVG Logistics Limited Approves Rights Issue to Raise Funds Up To ₹ 5,300 Lakhs AVG Logistics Limited announced that its Board of Directors held a meeting on Tuesday, April 28, 2026, considering and approving a proposal to raise capital through a Rights Issue.The Board meeting, which began at 04:30 p.m. and concluded at 6:30 p.m., addressed the proposal for raising funds by issuing the company’s equity shares. The primary transaction involves a Rights Issue, offering equity shares of a face value of ₹10 each to eligible equity shareholders of the company.The total amount sought through this Rights Issue does not exceed ₹ 5,300 lakhs. The terms and conditions of the issue, including the final issue size, rights entitlement ratio...

Madras High Court Quashes Income Tax Demand of ₹3,567.22 lakh for Refex Industries Limited Refex Industries Limited has confirmed that the Honorable Madras High Court has quashed an Income Tax demand amounting to ₹3,567.22 lakh for the Assessment Year (AY) 2016-17.The company received the order from the Madras High Court on April 28, 2026.The initial assessment order, which involved the demand of ₹3,567.22 lakh, had been issued on May 31, 2023, by the Deputy Commissioner of Income Tax - Central Circle 3(4), Chennai.Refex Industries Limited had filed a writ petition before the Honorable Madras High Court challenging this assessment order. The company asserted that the order was passed without providing a reasonable opportunity of...

Emmvee Photovoltaic Power Announces FY2026 Results and Recommends Final Dividend Emmvee Photovoltaic Power Limited announced the outcomes of its Board of Directors meeting held on April 28, 2026. The Board considered and approved the company's audited financial results (both standalone and consolidated) for the quarter and the year ended March 31, 2026. The statutory auditors, M S K C & Associates LLP, issued the audit report with an unmodified opinion on these results.Furthermore, the Board recommended a final Dividend of Re. 1/- per equity share, which has a face value of Rs. 1/- each, corresponding to a payout of 50% for the Financial Year (FY) 2025-26. The dividend will be paid within 30 days from the date of approval by the...

Orient Cement Approves FY 2025-26 Results, Recommends Dividend; Updates Audit and Subsidiary Status Orient Cement Limited announced key corporate and financial developments following its Board of Directors meeting held on April 28, 2026. The Board approved the Audited Financial Results for the quarter and the full financial year ended March 31, 2026.The company also approved plans for its 15th Annual General Meeting (AGM) and recommended a dividend for shareholders, alongside revising its internal and cost auditing structure.Key Corporate and Financial Decisions At the Board meeting, the Board of Directors recommended a dividend of Rs. 0.50 per Equity Share of face value of Re. 1 each, fully paid-up, for the Financial Year 2025-26...

Prozone Realty Approves Hiving Off Assets, Major Divestment, and Stake Acquisition Prozone Realty Limited announced key strategic decisions following its Board of Directors meeting held on April 28, 2026. The Board considered and granted approval for a significant internal asset transfer, the sale of identified material subsidiaries to Inorbit Malls {India} Private Limited or its Affiliates, and the acquisition of a stake in Gajaanan Property Developers Private Limited.The company has proposed the hiving off of specific 'Land Assets' owned by Alliance Mall Developers Co. Pvt. Ltd. and Empire Mall Private Limited. These assets are being transferred to two new special purpose vehicles (SPVs)—Prozone Horizons Private Limited (PHPL) and...

Addictive Learning Technology Limited Registers 'SkillArbitrage' Trademark Addictive Learning Technology Limited, formerly known as Addictive Learning Technology Private Limited, has successfully registered its device trademark 'SkillArbitrage'. The trademark secured registration on April 24, 2026, under the provisions of the Trade Marks Act, 1999, with the Trademark Registry.The registration of the 'SkillArbitrage' trademark marks a significant development for the company. This protective measure is expected to further enhance brand recognition, safeguard the company's proprietary rights, and support its long-term business and growth objectives.ADDICTIVE Stock Price Movement Today, Addictive Learning Technology Limited shares...

Five-Star Business Finance Recommends Final Dividend of INR 2 Per Equity Share Five-Star Business Finance Limited announced that its Board of Directors has recommended a Final Dividend for the financial year ended March 31, 2026. The recommendation was made during a board meeting held on April 28, 2026, and is subject to the approval of members at the upcoming 42nd Annual General Meeting.The Board considered and recommended a Final Dividend amounting to INR 2/- per equity share. This amount represents 200% of the face value, which is INR 1/- per share.Key Financial Details The details regarding the recommended dividend and the record date for eligibility are as follows:ParameterDetailCompanyFive-Star Business Finance Limited...

CCI Approves Mega Deal: Mizuho Securities Buys ACPL Stake to Bolster India Financial Footprint Mizuho Securities Co., Ltd. has secured approval from the Competition Commission of India (CCI) for a significant proposed combination. The approval clears the path for Mizuho to acquire a substantial stake in Avendus Capital Private Limited (ACPL).This major development marks a strategic consolidation within the Indian financial services sector. The transaction, which received clearance on 28/04/2026, involves Mizuho Securities taking over over 60% of ACPL’s equity share capital.Regulatory Mandate and Scope of the Combination The proposed transaction falls under the provisions of the Competition Act, 2002, and was reviewed under...