Markets

Oriana Power Acquires Shares in Subsidiary Truere Current for BESS Development Oriana Power Limited has announced a significant investment in its subsidiary, Truere Current Private Limited. The acquisition involves purchasing 62,16,000 equity shares of the subsidiary, representing a strategic move to bolster renewable energy infrastructure development.The investment, which was executed today, totaled an aggregate consideration of Rs. 8,01,06,395. The shares, each with a face value of Rs. 10, were acquired through the terms of a Rights Issue offered to the subsidiary.Strategic Focus on Renewable Energy Storage The primary objective of the investment is to support the development of a Battery Energy Storage System (BESS). This BESS is...

Gujarat Kidney And Super Speciality Approves Wholly Owned Subsidiary and Leadership Changes Gujarat Kidney And Super Speciality Limited, formerly known as Gujarat Kidney And Superspeciality Private Limited and previously Vihaan Medicare Private Limited, announced key approvals following its Board of Directors meeting held on April 27, 2026. The company approved the incorporation of a Wholly Owned Subsidiary (WOS) aimed at expanding healthcare services in Bharuch, Gujarat.The incorporation of the WOS was further sanctioned by the Shareholders via Postal Ballot concluded on April 25, 2026. This initiative seeks to cater to the growing need for healthcare services in the Bharuch District, supplementing the medical care facilities...

Huhtamaki India Board Approves CFO Appointment and Defers Q1 Financial Results Huhtamaki India Limited announced key outcomes from its Board of Directors meeting held on April 27, 2026. The board addressed two primary matters: the consideration of the company's first quarter results and a significant change in Key Managerial Personnel (KMP).Regarding the unaudited financial results for the quarter ended March 31, 2026, the Board decided to defer the matter of consideration and approval. This deferral is pending the closure of certain matters concerning the quarterly results. The company also confirmed that the trading window will remain closed and is slated to open 48 hours after the publication of the results for the quarter ended...

Bajaj Holdings Acquires Shares of Bajaj Finserv Limited Through Block Deal Bajaj Holdings & Investment Limited has acquired 20,90,050 equity shares of Bajaj Finserv Limited (BFS), an associate company, from Bajaj Auto Holding Limited (BAHL), a wholly owned subsidiary. The transaction, executed through a block deal, has an aggregate consideration value of ₹ 370.53 Crore.The acquisition of the shares took place on April 27, 2026.The details of the acquisition, including the shareholding pattern and cumulative cost, are as follows:MetricOn Date of AcquisitionCumulative Up To Date of AcquisitionCost of Acquisition₹ 370.53 Crore₹ 1,104.94 CrorePercentage of Shareholding Acquired0.13%38.41%This acquisition represents an...

City Union Bank Reports Strong Financial Performance for Q4 and FY 2026 City Union Bank Limited announced its financial results for the fourth quarter and the full fiscal year ended March 31, 2026, on April 27, 2026. The results indicated notable growth across key revenue streams, profitability, and asset quality metrics.The bank recorded a Profit After Tax (PAT) of Rs. 360 Cr for Q4 FY26, marking a 25% increase compared to the Rs. 288 Cr reported in Q4 FY25. For the full fiscal year 2026, the PAT stood at Rs. 1,326 Cr, showing an 18% growth year-over-year.Financial Performance Overview The bank’s revenue streams saw consistent growth. Total Income reached Rs. 7,909 Cr for FY 26, up 17% from Rs. 6,732 Cr in FY 25. This was driven by...

ICRA Ratings Assign AAA (Stable) for Petronet LNG Limited's Rs 12,000 Crore Term Loan Facility Petronet LNG Limited recently received communication from ICRA Limited detailing the credit rating assigned to its major facilities. According to the update, ICRA Limited has assigned a rating of ICRA AAA (Stable) for the Company's Rupee Term Loan facility of Rs 12,000 Crores.The rating agency also reaffirmed the Company's existing rating of ICRA AAA (Stable) for Rs 2,901 Crores. Furthermore, ICRA assigned ratings of ICRA A1+ for Rs 10,951.59 Crores and ICRA AAA (Stable)/A1+ for Rs 1,147.41 Crores.These ratings cover the total credit limits of Rs 15,000 Crores for Fund-Based and Non-Fund-Based credit limits obtained from various banks...

Aimtron Electronics Limited Announces Audited Standalone Financial Results for FY 2025-26 Aimtron Electronics Limited announced the audited standalone financial results for the half year and the full year ended March 31, 2026. The Board of Directors of the Company approved these results during its meeting held on April 27, 2026.The financial reports provide a comprehensive overview of the company's performance, covering the income statement, balance sheet, and cash flow statements for the respective periods.Financial Highlights The Company's Profit and Loss statement details the performance for the periods under review.ParticularsHalf Year Ended 31st March, 2026 (Audited)Year Ended 31st March, 2026 (Audited)Total...

Kotyark Industries Board Approves Final Dividend for FY2025-26 Amid Audited Financial Results Kotyark Industries Limited announced significant operational and financial updates following its Board meeting held on April 27, 2026. The Board considered, approved, and recommended a final dividend for the financial year ended March 31, 2026, following the review of the company's audited standalone and consolidated financial results.The Board recommended a final dividend of Rs. 5/- (Rupees Five Only) per Equity share, representing 50% of the face value of Rs. 10/- per equity share, for the financial year ended on March 31, 2026. This dividend payment is subject to the approval of the members at the ensuing Annual General Meeting.Review of...

AGI Greenpac Announces Financial Results and Key Board Approvals for Q4 and FY26 AGI Greenpac Limited announced key outcomes from its Board of Directors meeting held on April 27, 2026. The meeting covered the release of audited financial results for the quarter and year ended March 31, 2026, alongside major corporate governance decisions, including director appointments and the recommendation of a final dividend.Financial Results for FY26 The Board approved the Standalone and Consolidated Audited Financial Results, along with Segment-wise Revenue, Results, Assets, and Liabilities for the quarter and year ended March 31, 2026. The company also released the Statement of Assets and Liabilities and the Cash Flow Statement for the year...

Coal India Announces Audited Results for FY 2026 and Declares Final Dividend Coal India Limited today announced its audited financial results for the fourth quarter and the full financial year ended March 31, 2026, along with the declaration of a Final Dividend for the Financial Year 2025-26.The company reported strong consolidated and standalone financial performances across the fiscal year. The Board of Directors recommended a Final Dividend of Rs 5.25 per equity share, based on the face value of Rs 10 per share, subject to approval by the shareholders at the ensuing Annual General Meeting (AGM).Financial Performance Highlights The audited financial results for both consolidated and standalone entities show the company's...

Sunlite Recycling Industries Reports Strong Growth in HY2 FY26, Boosted by Acquisition of Sunlite Aluminium Kheda, Gujarat: Sunlite Recycling Industries Limited, a leading manufacturer of copper products, has announced its financial results for the second half of the fiscal year 2026 (HY2 FY26). The results highlight significant growth across key metrics, alongside a major strategic acquisition that strengthens its operational portfolio.Financial Highlights (Standalone) The company's standalone financial performance for HY2 FY26 showed substantial growth across volumes and revenues. Total volumes increased to 13,192 tonnes, compared to 9,096 tonnes in H2FY25, marking a strong growth of 45%.The key financial metrics are detailed...

Adani Total Gas Reports Robust Q4 and FY26 Results Amid Infrastructure Expansion and Double-Digit Volume Growth Adani Total Gas Limited (ATGL) announced strong financial and operational results for the fourth quarter (Q4) and financial year (FY26) ended March 31, 2026. Despite global energy supply chain disruptions and market volatility driven by geopolitical tensions in West Asia, the company reported robust performance, driven by consistent infrastructure build-out and sustained double-digit volume growth.ATGL recorded an EBITDA of INR 1,225 crore for FY26, marking a 5% year-over-year (YoY) increase. The company also reported a consolidated Profit After Tax (PAT) of INR 656 crore for the full fiscal year.Financial Performance...

Aeroflex Subsidiary Achieves Wholly Owned Status of ABP Impex, Portugal Aeroflex Enterprises Limited has announced a significant corporate update regarding its subsidiary structure, following the acquisition of a key stake in ABP Impex, Portugal.M.R. Organisation (USA) LLC, which operates as a subsidiary of M.R. Organisation Limited, and M.R. Organisation Limited itself is a subsidiary of Aeroflex Enterprises Limited, has acquired the remaining 49% equity stake in ABP Impex, Portugal (EU).The transaction formalizes the ownership structure of the European entity. Following the acquisition of the remaining 49% stake, ABP Impex has become a wholly owned subsidiary of M.R. Organisation (USA) LLC.AEROENTER Stock Price Movement Today...

Jagsonpal Pharmaceuticals Approves Grant of 1,93,000 Employee Stock Options Jagsonpal Pharmaceuticals Limited announced on April 27, 2026, that its Nomination and Remuneration Committee approved the grant of employee stock options. The approval pertains to the company's existing Jagsonpal Pharmaceuticals Limited Employees Stock Option Plan, 2022.The Committee approved the issuance of 1,93,000 employee stock options. These options carry an exercise price of Rs. 159.50 per option.The granted options are structured to be convertible into an equivalent number of equity shares, each valued at Rs. 2.00.The options are set to vest through a defined schedule. The vesting process will occur in 4 equal annual tranches, beginning from the...

Vishnusurya Projects and Infra Limited Gains Trading Approval for Preferential Issue Shares Vishnusurya Projects and Infra Limited, formerly known as Vishnusurya Projects and Infra Private Limited, has received trading approval for a further issue of shares allotted on a preferential basis. The approval was granted for 13,15,867 equity shares, with each share having a face value of Rs. 10/-.The approval allows the newly issued shares, which were allotted to non-Promoters, to be listed and admitted to dealings on the National Stock Exchange of India Limited.The completion of this preferential issue significantly impacts the company's equity capital structure. The total paid-up equity share capital of Vishnusurya Projects and Infra...

Websol Energy System Reports Audited Standalone and Consolidated Financial Results for FY 2026 Websol Energy System Limited announced its standalone and consolidated audited financial results for the quarter and full financial year ended March 31, 2026. The company’s Board of Directors held a meeting on April 27, 2026, where it approved the results and recommended a final dividend.The company reported a Total Comprehensive Income of 304.54 Crore in the consolidated results for the year ended March 31, 2026, compared to 154.74 Crore for the year ended March 31, 2025.Key Financial Results Summary The audited Standalone Statement of Financial Results for the year ended March 31, 2026, reflected key operational figures...

Rallis India Reports 9% Revenue Growth in FY26, Achieves Highest EBITDA of ₹ 362 Crore Mumbai, April 27, 2026: Rallis India Limited, a leading player in the Indian agri inputs industry and a TATA Enterprise, announced its financial results for the quarter and the full financial year ending March 31, 2026. The company reported strong growth metrics, highlighting a 9% revenue increase in Fiscal Year 2026 (FY26).During the year, Rallis India Limited reported total revenue of ₹ 2,897 crore, marking a significant increase compared to the previous year’s ₹ 2,663 crore. The company also achieved its highest-ever EBITDA of ₹ 362 crore, coupled with improved EBITDA margins of 12.5%. Profit After Tax (PAT) stood at ₹ 184 crore, up from ₹ 125...

Kalpataru Projects International Completes Acquisition, Becomes Wholly Owned Parent of KSA Entity Kalpataru Projects International Limited (KPIL) has reported the completion of its acquisition of a controlling stake in Kalpataru IBN Omairah Company Limited (KIOCL), solidifying KIOCL's status as a wholly owned subsidiary. The acquisition successfully increased KPIL's shareholding in KIOCL to 100%.The transaction followed an initial announcement regarding the entry into a Share Sale, Exit, and Release Agreement. On February 23, 2026, KPIL entered into the agreement in the Kingdom of Saudi Arabia to acquire the balance 35% equity stake of KIOCL from the joint venture partner, BIN Omairah Contracting Company Limited.KPIL provided...

UMIYA BUILDCON LIMITED Appoints YCRJ & Associates as Internal Auditors for FY 2026-27 UMIYA BUILDCON LIMITED, previously known as MRO-TEK Realty Limited, has announced the appointment of Messrs. YCRJ and Associates, Chartered Accountants, to serve as the company's Internal Auditors for the financial year 2026-27.The appointment was finalized on April 27, 2026.YCRJ & Associates, which holds the FRN 006927S, is a recognized Chartered Accountants firm. The organization was established in 1995 and has its headquarters in Bangalore. The firm operates with a team comprising 15 full-time partners and maintains branch offices across key cities. With a strong workforce of over 100 professionals, YCRJ leverages the expertise of experienced...

Tamilnad Mercantile Bank Reports Strong Q4 FY26 Performance, Boosts Deposits and Advances Tamilnad Mercantile Bank Ltd. (TMB), an established private sector bank with a 104-year history, has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held in Thoothukudi on April 27, 2026.Shri. Salee S Nair, Managing Director and CEO of TMB, highlighted the company’s robust operational model, noting that the Q4 FY26 performance marked a defining quarter and achieved the bank's highest-ever quarterly profitability. He attributed the outcome to consistent execution and a balanced growth strategy.During the quarter, the bank noted the...