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AVI Polymers Ltd Reports Landmark Turnaround with Audited FY26 Results, Pivoting into AI and AgriTech AVI Polymers Limited, a Gujarat-headquartered listed entity, has announced its audited financial results for the fiscal year ended March 31, 2026. The results mark a major transformation for the company, highlighting robust financial growth alongside the commercial launch of two wholly-owned AI subsidiaries: KrishiBuddy (agritech) and AVIHealth AI (personal healthcare).The annual results demonstrate significant expansion across key financial metrics. Revenue from Operations expanded to ¥312.11 crore. Profit Before Tax climbed 25.4 times to ¥27.73 crore, and Net Profit After Tax rose 24.9 times to ¥20.33 crore. Net Worth also expanded...

Fairchem Organics Ltd. Board Meeting Scheduled for May 6, 2026, to Review Financial Results and Dividend Fairchem Organics Ltd. has scheduled a meeting of its Board of Directors for Wednesday, May 6, 2026. The meeting will be conducted through Audio-Visual means.The primary objectives for the Board to consider during the meeting include the following key items:Considering and approving the Audited Financial Results, prepared under IND-AS, for the quarter and the year ended March 31, 2026. Considering the recommendation for a dividend on the Equity Shares of the Company. Addressing any other business with the permission of the Chair.FAIRCHEMOR Stock Price Movement Shares of Fairchem Organics Limited are edging higher to ₹572 as...

Meghna Infracon Infrastructure Ltd Expands Mumbai Portfolio with 600 Crore GDV Addition Meghna Infracon Infrastructure Limited, a real estate developer focusing on redevelopment and design-led housing, has announced a significant expansion of its premium residential and commercial portfolio across the Mumbai Metropolitan Region. The company is adding projects with an estimated Gross Development Value (GDV) of approximately 600 crore, boosting its total construction pipeline value to over 1,000 crore.The Mumbai-based developer plans to strengthen its presence across highly sought-after residential and commercial micro-markets, with five new projects spanning the western suburbs and Thane. With this addition, the total construction...

Innovative Tyres & Tubes Limited Announces Departure of Company Secretary Innovative Tyres & Tubes Limited has confirmed the departure of Ms. Shweta Pankaj Sharma from its ranks. Ms. Sharma was serving in the capacity of Company Secretary & Compliance Officer.The transition from her role was effective from the close of working hours on 18th April 2026.The company confirmed that during her tenure, all responsibilities and duties assigned to Ms. Sharma were duly handed over, and necessary clearances were obtained according to company policies.Munish Chawla, Managing Director and Director of Innovative Tyres & Tubes Limited, issued the acknowledgement regarding the change in personnel.ITTL Stock Price Movement Shares of Innovative...

Info Edge Announces Internal Reorganization and Leadership Changes for Recruitment Business Vertical Info Edge (India) Limited announced an internal reorganization within its recruitment business vertical, effective May 1, 2026. The company stated that these strategic changes are part of ongoing efforts designed to leverage proven expertise in the evolving business landscape, aiming to strengthen long-term business and sales growth while enhancing customer outcomes.As a result of this reorganization, certain Senior Management Personnel (SMP) of the company have seen changes in their roles. The management stated that the shifts are intended to deepen client relationships and scale business performance across the key verticals.The...

High Court Rules Out Penal Consequences on Mining Plan, Quashing Demand Letters for Tata Steel Tata Steel Limited recently received the judgment from the Hon'ble High Court of Orissa at Cuttack regarding two material litigations concerning the Sukinda Chromite Block. The judgment addressed penal provisions related to mineral dispatch, ultimately quashing the demands raised by the State Government contrary to the Court's directions.The two petitions concerned assessments of shortfalls in mineral dispatch for different periods:Writ Petition 1: (Civil) No. 22431 of 2025Demand: ₹1902,72,53,760/- Period: Mine Development and Production Agreement for the 4th year (July 23, 2023 through July 22, 2024). Basis of Demand: Alleged violation...

Jindal Steel Limited to Host Q4 FY26 Earnings Conference Call on May 2, 2026 Jindal Steel Limited is scheduled to host its Q4 FY26 Earnings Conference Call on Saturday, May 2, 2026. The call, hosted by JM Financial Institutional Securities, will provide stakeholders with an update on the company's performance.The conference call is scheduled for 01:00 PM IST. Time zone details for the event are as follows:Time ZoneScheduled TimeIndia Standard Time (IST)01:00 PMUSA Eastern Daylight Time (EDT)03:30 AMUK Time08:30 AMHong Kong/Singapore Time03:30 PMThe universal dial-in number for participants is +91-22-6280 1366 / +91-22-7115 8267.Company Participants The call will feature several key participants from Jindal Steel...

Mphasis Appoints Richard Miller as Global Head of Insurance Business Mphasis has announced the appointment of Richard Miller as its Executive Vice President and Global Head of Insurance Business. The appointment is effective from April 27, 2026.Richard Miller, a seasoned business leader, brings over three decades of experience in leading enterprise transformation, particularly within the global financial services and insurance sectors.In his new capacity, Miller will lead Mphasis' global insurance strategy, focusing on modernizing operations, transforming core business processes, and applying Artificial Intelligence (AI) to drive measurable business value for the insurance industry.According to the company's leadership, the...

Vikran Engineering Acquires 49% Stake in NOPL Solar Projects to Boost Renewable Energy Portfolio Vikran Engineering Ltd has announced the execution of a Share Purchase Agreement (SPA) for the acquisition of a 49% equity stake in NOPL Solar Projects Private Limited. This move is strategically aimed at expanding the company's footprint within the renewable energy sector, facilitating business diversification, and supporting long-term growth.The acquisition targets a stake in NOPL Solar Projects Private Limited. The total aggregate consideration for acquiring the 49% stake is set at INR 4,90,00,000. The consideration will be discharged entirely in cash, and Vikran Engineering Ltd will acquire 4900 equity shares, representing 49% of the...

Jonjua Overseas Limited Board Meeting Scheduled for May 1, 2026, to Discuss EOI in Telephone Cables Limited Insolvency Jonjua Overseas Limited has scheduled a meeting of its Board of Directors for May 1, 2026. The board session is set to consider key corporate matters, primarily focusing on submitting an Expression of Interest (EOI) regarding the insolvency matter of Telephone Cables Limited.The primary agenda item for the Board Meeting is the consideration of submitting an EOI. This submission will be done in a consortium with Major Harjinder Singh Jonjua (Retd.). The EOI relates to the insolvency matter concerning Telephone Cables Limited, which is noted to be a joint sector unit and has one of its promoters being the Punjab State...

HMA Agro Industries Limited Approves Divestment of Wholly Owned Subsidiaries FNS and Laal Agro HMA Agro Industries Limited announced that its Board of Directors, during a meeting held on April 25, 2026, approved the divestment of its entire equity stake held in its two wholly owned subsidiaries: FNS Agro Foods Limited and Laal Agro Food Private Limited.The Company intends to divest its shareholding in both entities to identified acquirers, subject to the execution of definitive agreements and completion of customary conditions precedent. Consequent to the proposed transaction, both FNS and Laal will cease to be subsidiaries of HMA Agro Industries Limited.The proposed divestment is being executed on an arm's length basis, and the...

Aadhar Housing Finance Ltd. Approves Grant of Employee Stock Options Under 2025 Plan Aadhar Housing Finance Limited has announced that its Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has approved the grant of Employee Stock Options (ESOPs). These options are issued under the existing Employee Stock Option Plan - 2025 Aadhar Housing Finance Limited.The grant covers a total of 4,31,350 options, which are available to eligible employees of the company. Each stock option is convertible into 1 equity share, carrying a face value of Rs. 10.The details of the options granted and their associated terms are provided below:FeatureDetailBrief Details of Options Granted4,31,350 options to...

Canara Robeco Asset Management Announces Audited Financial Results for FY26 Canara Robeco Asset Management Company Limited, an established asset management firm in India, today announced its audited financial results for the fourth quarter and full year ended on March 31, 2026. The results provide insights into the company's performance across key financial metrics and assets under management (AUM).The company, which is noted as one of India's oldest and most trusted asset managers, offers a comprehensive suite of investment solutions across equity, debt, and hybrid asset classes.Consolidated Financial Highlights The audited results reflect steady year-over-year growth in key operational areas. The financial performance for the four...

Ola Electric Technologies Allots Preference Shares to Subsidiary Worth INR 127.64 Crore Ola Electric Mobility Limited's material subsidiary, Ola Electric Technologies Private Limited (OET), has approved the allotment of a tranche of preference shares to its fellow subsidiary, Ola Cell Technologies Private Limited (OCT). The transaction was executed through a preferential private placement.According to the details released, OET held a board meeting on April 27, 2026, during which it approved the allotment of the fourth tranche of Non-cumulative and Non-participating 0.001% Series A Optionally Convertible Redeemable Preference Shares (OCRPS).The shares have a nominal value of INR 10 (Rupees Ten only) each. The allotment to Ola Cell...

Websol Energy System Reports Strong Growth, Posts 157.9% Jump in PAT for Q4FY26 Websol Energy System Limited, a prominent manufacturer of high-efficiency solar cells and modules in India, has reported its audited financial results for the quarter and full year ended March 31, 2026. The company announced that its net profit (PAT) for Q4FY26 stood at Rs. 125 crore, representing a significant jump of 157.9% compared to Rs. 48 crore recorded in Q4FY25.For the quarter, the company's revenue reached Rs. 401 crore, marking a 132.1% increase from the Rs. 173 crore recorded in the corresponding quarter last fiscal year.Full Year and Quarterly Performance Metrics The financial data shows robust year-over-year growth across key metrics. For...

Prataap Snacks Limited Reports Strong Financial Results for Q4 and Full Year FY26 Prataap Snacks Limited (PSL), a prominent Indian snacks food company, has announced its audited financial results for the quarter and full year ended March 31, 2026. The company reported robust performance across the fourth quarter of fiscal year 2026 (Q4 FY26) and the full fiscal year 2026 (FY26).Q4 FY26 Performance Highlights For the quarter ended March 31, 2026, PSL reported significant year-on-year improvements in profitability and revenue.In Q4 FY26, the company recorded the following figures compared to Q4 FY25:MetricQ4 FY26 ValueYear-on-Year ChangeQ4 FY25 ValueIncome from operationsRs. 4,201.8 million5% increaseN/AOperating EBITDARs...

Transworld Shipping Lines Signs Agreement to Sell M.V. SSL Gujarat to Avana Logistek Transworld Shipping Lines Limited, formerly known as Shreyas Shipping & Logistics Limited, has announced the signing of a Memorandum of Agreement (MOA) for the sale of one of its vessels. The agreement was executed on April 27, 2026.The transaction involves the sale of the vessel, M.V. SSL Gujarat. The acquiring party for the ship is Avana Logistek Limited.The sale of the vessel is structured for a total consideration of US$ 3,500,000.The key details of the transaction between the parties are summarized below:ParticularsDetailVessel NameM.V. SSL GujaratSellerTransworld Shipping Lines LimitedBuyerAvana Logistek LimitedTransaction...

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...