Markets

City Union Bank Opens Thirteen New Branches, Reaches 1000-Branch Milestone City Union Bank Limited announced the opening of thirteen new branches effective April 27, 2026. The expansion marks a significant milestone for the bank, bringing its total network of operational branches to 1000.The new outlets are spread across various locations in Tamil Nadu, Karnataka, Maharashtra, and New Delhi, expanding the bank's physical reach and service network for customers.The thirteen newly opened branches include:Sl No.Branch NameBranch No.IFSC CodeAddress1Abids98800993G-01, G.H.M.C. No.4-1-B9BiG1, Ground Floor, Lala II Oasis Plaza, Tilak Road, Abids, Hyderabad - 500 001, Telangana2Vallampadugai98900994Door No. 11453, First Floor...

Jagsonpal Pharmaceuticals Board Recommends Dividend of Rs. 4 Per Share for FY2025-26 Jagsonpal Pharmaceuticals Limited announced that its Board of Directors, at a meeting held on April 27, 2026, recommended a dividend for the financial year ended March 31, 2026.The company confirmed that the Board recommended a dividend of Rs. 4/- per equity share. This recommendation equates to 200% of the face value of the equity share, which stands at Rs. 2/-.The company stated that the proposed dividend shall be payable after receiving approval from the shareholders at the 47th Annual General Meeting.Jagsonpal Pharmaceuticals noted that the record date and the tentative date of payment for the dividend will be communicated separately...

Regional Director Orders Indian Metals & Ferro Alloys Over Compounding Fee for FY 2019-20 to FY 2020-21 Indian Metals & Ferro Alloys Limited reported receiving an order from the Ministry of Corporate Affairs regarding the compounding of offences under the Companies Act, 2013. The order, issued by the Regional Director (South East Region), Hyderabad, pertains to the financial years 2019-20 and 2020-21.The directive stated that an aggregate compounding fee of Rs 15,00,000/- was levied on the company’s Key Managerial Persons (KMPs). The fee covers the period from the Financial Year (FY) 2019-20 to FY 2020-21, under Section 441 read with Section 129 of the Companies Act, 2013.The company received the order, dated April 23, 2026, on...

Avantel Limited Fixes Record Date for Final Dividend of Re. 0.20 Per Share Avantel Limited has announced the details regarding its final dividend for the financial year 2025-26. The company set Friday, June 12, 2026, as the Record Date to determine which members are eligible for the dividend payment.The final dividend declared is Re. 0.20 per equity share. This amount represents 10% of the face value, which stands at Rs. 2/- each.The Board of Directors recommended this dividend during its meeting held on April 26, 2026. The company noted that the said dividend will be paid to eligible shareholders, subject to approval by the Members at the ensuing Annual General Meeting (AGM).AVANTEL Stock Price Movement Today, Avantel Limited...

Kundan Minerals and Metals Limited Acquires 80% Stake in Colombian Entity Kundan Minerals and Metals Limited has announced a significant strategic acquisition through its foreign subsidiary, Kundan Ventures FZCO. The company has entered into a Share Purchase Agreement (SPA) to acquire an 80% stake in Compania Minera EL Desquite De Colombia S.A.S.The acquisition was finalized via an SPA executed on April 7, 2026. The transaction involves Kundan Ventures FZCO purchasing the stake from Carlos Hector Carabali Zapata (Seller-1) and Miguel Antonio Carabli (Seller-2). The sellers have no reported relation with the listed entity.Upon the completion of this proposed transaction, Compania Minera EL Desquite De Colombia S.A.S. is expected to...

Burnpur Cement Limited Announces Whole Time Director Resignation and Stakeholders Relationship Committee Changes Burnpur Cement Limited announced the resignation of its Whole time Director, Mr. Indrajeet Kumar Tiwary, and detailed the reconstitution of its Stakeholders Relationship Committee (SRC) of the Board of Directors.Mr. Indrajeet Kumar Tiwary tendered his resignation from the position of Whole time Director and as a member of the Stakeholders Relationship Committee. The resignation is effective from the close of business hours on April 27, 2026, and was attributed to personal reasons.The Board of Directors approved and reconstituted the Stakeholders Relationship Committee effective April 27, 2026. The committee underwent a...

Avantel Limited Recommends Final Dividend of Re.0.20 Per Share for FY 2025-26 Avantel Limited has recommended a final dividend for the financial year 2025-26. The dividend recommendation, which is subject to shareholder approval at the ensuing Annual General Meeting (AGM), stands at Re.0.20 per equity share.The company confirmed that the recommended dividend is based on the following financial details:ParameterDetailRecommended Dividend AmountRe.0.20 per equity shareFace Value of Equity ShareRs. 2/- eachDividend Percentage10%Financial Year2025-26The proposed dividend, if approved by the shareholders, will be payable to those whose names appear in the Register of Members or beneficial owners as of the Record Date...

NCLT Passes Orders Modifying Dates for Apollo Hospitals Composite Scheme of Arrangement Meetings Apollo Hospitals Enterprise Limited has received a certified true copy of an order passed by the National Company Law Tribunal (NCLT) Division Bench in Chennai. The order, dated April 15, 2026, pertains to the Composite Scheme of Arrangement involving Apollo Hospitals Enterprise Limited, Apollo Healthco Limited, Keimed Private Limited, and Apollo Healthtech Limited.The scheme of arrangement was jointly filed before the Tribunal under Sections 230 to 232 of the Companies Act, 2013. Apollo Hospitals Enterprise Limited reported receiving the order on April 27, 2026.The NCLT Bench issued orders modifying the dates and venues for various...

Rallis India Limited Announces FY 2026 Results and Recommends Dividend Rallis India Limited announced the outcomes of its Board Meeting held on April 27, 2026. During the meeting, the Board approved the audited financial results for the quarter and full financial year ended March 31, 2026.Furthermore, the Board recommended a dividend of Rs. 3 per share, representing 300% for the Financial Year 2025-26. The dividend, if approved by the shareholders at the ensuing Annual General Meeting, will be paid within five days of the AGM, subject to the deduction of tax at source.Financial Performance Highlights The company’s performance metrics for the year ended March 31, 2026, showed the following consolidated results:Total Income: The...

Astec LifeSciences Board Approves FY2026 Results, Sets Dates for 32nd AGM Astec LifeSciences Limited announced key resolutions following its Board of Directors meeting held on Monday, April 27, 2026. The Board approved the audited financial results and also scheduled the dates for the upcoming 32nd Annual General Meeting (AGM) and the related shareholder proposals.Approval of Financial Results The Board of Directors approved the Audited Financial Results (Standalone & Consolidated) for the Quarter and Financial Year ended March 31, 2026, in accordance with Indian Accounting Standards (IND AS). The approval covered the financial results, the Cash Flow Statement, and the Statement of Assets and Liabilities as of March 31, 2026.The...

Aditya Birla Capital Allots Rs. 200 Crore in Secured Non-Convertible Debentures via Private Placement Aditya Birla Capital Limited announced the allotment of Non-Convertible Debentures (NCDs) worth Rs. 200 Crore on a private placement basis on April 27, 2026. The structured transaction involves the issuance of 20,000 debentures, with each debenture having a face value of Rs. 1,00,000.The funds raised are secured by a first pari passu charge over the company's Receivables, Securities, future moveable assets, and Current Assets.The company specified that the initial issue size is Rs. 200 Crore, complemented by a green shoe option extending up to Rs. 550 Crore.Key Transaction Details The issued securities are categorized as Secured...

NACL Industries Limited Receives No Objection for Reclassification of Promoter Group NACL Industries Limited has received no-objection clearances from both the National Stock Exchange of India Limited (NSE) and BSE Limited regarding the re-classification of a promoter group. The approvals confirm the re-classification of Algavista Greentech Private Limited from the company's Promoter Group.NSE and BSE both granted their no-objection letters on April 27, 2026. These clearances affirm the change in promoter group status for NACL Industries Limited.The re-classification involves a single promoter group, Algavista Greentech Private Limited. The exchanges acknowledged the request for reclassification based on the company's submissions...

Anant Raj Limited Board Approves Formation of Wholly Owned Cloud Services Subsidiary in Singapore Anant Raj Limited announced that its Finance and Investment Committee approved the proposal for establishing a wholly owned subsidiary in Singapore. The decision was taken during the Committee meeting held on Monday, April 27, 2026.The proposed entity is named Anant Raj Cloud Singapore Pte. Ltd., with incorporation expected in Singapore. The subsidiary will operate within the Data Center, Co-location, and Cloud Services industry.The new Singapore entity will be primarily engaged in providing Co-location and Cloud services, including artificial intelligence (AI) services, utilizing Data Center and Cloud infrastructure developed by Anant...

UCO Bank Board Recommends Dividend of ₹ 0.44 Per Share for FY 2025-26 UCO Bank has announced that its Board of Directors recommended a dividend for the financial year 2025-26. The bank has also fixed the Record Date for determining shareholder entitlement to the payout.The recommendation for the dividend was made by the Board of Directors during a meeting held on April 25, 2026. The suggested dividend amounts to ₹ 0.44 per equity share.According to the details, the recommended dividend represents 4.40% of the face value of the equity share, which has a face value of ₹ 10 each.The Bank has set Monday, May 4, 2026, as the Record Date for determining which shareholders are entitled to the dividend.The payment of the dividend is...

Aimtron Electronics Limited Announces Audited Financial Results for FY 2025 and Half-Year 2026 Aimtron Electronics Limited announced the approval of its audited Consolidated Financial Results for the half year and the full year ended March 31, 2026, following a Board meeting held on April 27, 2026.The company reported that its group activities are related to two segments: ESM and ESDM.Consolidated Financial Results Summary The audited financial results provide a comprehensive view of the company’s performance. Total Income saw substantial growth, reaching 30,351.43 Rs. Lacs for the year ended March 31, 2026, compared to 16,210.67 Rs. Lacs in the previous year.Total Revenue from Operations recorded 17,857.53 Rs. Lacs for the half...

This document contains a significant amount of legal, financial, and regulatory information regarding share transactions and compliance procedures.Since you have not asked a specific question, I will provide a summary of the key themes and areas of compliance covered in the document.Summary of Key Themes and Compliance Areas: 1. Share Transactions & Transfer Process:Goal: The entire process revolves around the transfer and transfer of securities. Mechanics: Detailed steps for documentation and execution are implied. Key Parties: The company, shareholders, and the clearing/depository system.2. Compliance & Regulatory Framework:Compliance Requirement: Adherence to established regulations is paramount. Record Keeping: Meticulous...

Canara Robeco Approves Financial Results, Recommends Dividend, and Naps Auditors Canara Robeco Asset Management Company Limited announced several key corporate actions following its Board of Directors meeting held on April 27, 2026. The Board approved the audited financial statements and results for the quarter and year ended March 31, 2026. The company also recommended a dividend and approved key appointments, including its Statutory Auditors and the re-appointment of an Independent Director.The Board recommended a dividend of ₹ 2.50 per Equity Share of ₹ 10/- each for the financial year ended March 31, 2026, pending approval from the shareholders at the forthcoming Annual General Meeting.Regarding statutory appointments, the Board...

Aimtron Electronics Approves Key Financial Results and Major Business Updates at Board Meeting Aimtron Electronics Limited conducted a Board Meeting on Monday, April 27, 2026, during which the Board approved several critical financial, governance, and operational updates concerning the company's future growth and market presence.The Board reviewed and approved the company's financial performance and governance structure. The approved financial data included the Audited Standalone and Consolidated financial results and statements for the half year and the year ended March 31, 2026, accompanied by the auditors' report.Key financial and governance outcomes approved by the Board include:ItemDetailPeriodFinancial ResultsAudited...

Nippon Life India Asset Management Announces Financial Results, Dividend Recommendation, and Leadership Changes Nippon Life India Asset Management Limited (NAM India) has announced its financial results for the quarter and year ended March 31, 2026, alongside several major updates concerning its leadership and dividend recommendations. The Board of Directors approved the audited standalone and consolidated financial results, noting the company's continued growth and improving market presence.The company released its financial results and operational updates on April 27, 2026.Financial Performance Review The Board of Directors of NAM India approved the audited standalone and consolidated financial results for the quarter and year...

Committed Cargo Care Approves Reappointment of Independent Directors and Committee Reconstitution Committed Cargo Care Limited announced that its Board of Directors, in a meeting held on April 27, 2026, approved the re-appointment of two Non-Executive Independent Directors and reconstituted several key company committees.The board meeting approved the re-appointment of Mrs. Shaman Chaudhry and Mr. Gurinder Singh. These appointments are for a second consecutive term of five years, effective from March 15, 2026. The company's committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, were also reconstituted immediately following the board meeting.Details regarding the...