Markets

Vels Film International Appoints Auditors for Financial Year 2025-26 Following Board Meeting Vels Film International Limited announced that its Board of Directors, during a meeting held on April 27, 2026, approved key appointments for the financial year 2025-26, overseeing corporate governance and audit functions.The board meeting commenced at 04:30 P.M. and concluded at 05:10 P.M. The primary decisions related to the appointment of both Secretarial and Internal Auditors for the current financial cycle.Based on the recommendations from the Audit Committee, the board appointed M/s. Chitra Lalitha & Associates, Practising Company Secretaries, Chennai, to conduct the Secretarial Audit for the financial year 2025-26.Furthermore, the...

NTPC Clarifies Nuclear Power Project Plans in Bihar, Confirms Preliminary Exploration NTPC Limited, the power generation company, issued a clarification regarding media reports about establishing nuclear power units in Bihar. The company addressed speculation surrounding a news article titled 'NTPC exploring 2 nuclear power units of 1,400 MW in Banka district of Bihar.'According to the clarification, NTPC stated that it has not yet commenced any feasibility studies for establishing a Nuclear Power Project in Bihar.However, NTPC affirmed that in the normal course of its business and long-term planning, the company continuously explores and evaluates multiple options and possible locations as part of its growth and diversification...

Sudarshan Chemical Industries Allots Equity Shares Under Stock Option Plan Sudarshan Chemical Industries Limited announced the allotment of equity shares to its grantees. The allotment was approved by the Company's Allotment Committee, which held its meeting on April 27, 2026.The allocation pertains to the exercise of options under the Sudarshan Employee Stock Option Plan 2018.The Allotment Committee approved the allotment of 15,640 equity shares, each with a face value of Rs. 2/-.The newly issued shares are listed on both BSE Limited and the National Stock Exchange of India Limited.The allotment details, including the financial impact and issuance parameters, are summarized below:ParameterDetailValueAllotted SharesNumber...

JMG Corporation Ltd Updates Board Composition and Terminates Joint Development Agreement JMG Corporation Ltd announced significant changes to its management and Board of Directors on April 27, 2026, following the successful takeover process. The company also reported the termination of a Joint Development Agreement (JDA) related to a power project.The Board of Directors convened on Monday, April 27, 2026, commencing at 12:30 P.M. and concluding at 5:30 P.M., to reconstitute the company's leadership structure.Management and Board Restructuring The company announced several appointments and resignations involving both key management personnel and directors, effective April 27, 2026.New Appointments The Board approved the following...

Knowledge Realty Trust's Borrowing Committee Approves Fundraising Plans The Borrowing Committee of Knowledge Realty Office Management Services Private Limited, the manager to Knowledge Realty Trust (KRT), convened a meeting on April 27, 2026. During the meeting, the committee considered and approved strategic plans for raising funds through private placements.The committee approved two primary fundraising initiatives for KRT: the fresh issuance of non-convertible debentures and the issuance of commercial papers.The approved fundraising details are as follows:Financial InstrumentPurposeAggregate Principal Amount LimitKey TermsListed, Rated, Secured, Redeemable, Non-Convertible Debentures (NCDs)FundraisingUp to INR...

Thomas Cook (India) Ltd Board Meeting Scheduled to Approve FY Results and Recommend Dividend Thomas Cook (India) Ltd has announced that its Board of Directors meeting is scheduled for Tuesday, May 12, 2026. The meeting will cover key financial approvals and dividend recommendations for the company.The primary objectives set for the Board meeting include considering and approving the Audited Financial Results of the Company. This approval pertains to both the Standalone and Consolidated financial statements for the fourth quarter and the full financial year ended March 31, 2026, alongside receiving the Report of Auditors on these figures.In addition to the financial review, the Board will consider and recommend a dividend on the...

Jindal Saw Limited Announces Audited Standalone and Consolidated Financial Results for March 31, 2026 Jindal Saw Limited today announced its audited standalone and consolidated financial results for the year ended March 31, 2026. The financial results were audited by Price Waterhouse Chartered Accountants LLP and were based on the standalone and consolidated annual financial statements. The Board Meeting concerning these results commenced at 02:00 pm and concluded at 05:40 pm.Financial Performance Highlights The Group’s consolidated financial results reflect the performance of Jindal Saw Limited and its subsidiaries and joint ventures.In the financial year ended March 31, 2026, the Company recorded total income of 17,986.86 (X...

Kati Patang Lifestyle Ltd Approves Conversion of Partly Paid-up Equity Shares Following Rights Issue Committee Meeting Kati Patang Lifestyle Ltd announced on April 27, 2026, the outcome of its Rights Issue Committee meeting regarding the conversion of partly paid-up equity shares into fully paid-up equity shares. The Board of Directors committee reviewed the details concerning the payment of Call Monies in connection with the rights issue.The Rights Issue Committee meeting, held on April 27, 2026, approved the conversion of a specific number of partly paid-up equity shares. This conversion applies to those shareholders who had paid the First and Final Call Money during the designated period.The core transaction details approved by...

Unicommerce eSolutions Announces Annual Audited Financial Results for FY26 Unicommerce eSolutions Limited announced that its Board of Directors, during a meeting held on April 27, 2026, approved the audited Annual Financial Results for the quarter and full financial year ended March 31, 2026. The Board also approved the corresponding audit reports from the company's statutory auditors.The company released comprehensive financial data, including standalone and consolidated results, providing a detailed picture of its performance across various periods, alongside updated asset and liability statements.Financial Performance Overview The company provided detailed financial tables for both standalone and consolidated results, covering...

Empower India Ltd Announces Key Management Changes and Appoints Statutory Auditors Empower India Ltd announced significant board approvals following a board meeting held on April 27, 2026. The board reviewed and approved major changes in executive designations and appointed new statutory auditors, strengthening the company's financial and operational leadership.During the meeting, the board approved the following key changes, effective April 27, 2026.Changes in Key Management Roles Mr. Rajesh Chavan was appointed to two critical roles. His designation was changed from Non-Executive NonIndependent Director to Managing Director (MD) of the Company. This change is slated for a period of Five years, subject to shareholder approval at...

Power Grid Board to Meet April 30 for Unsecured Rupee Term Loan Consideration Power Grid Corporation of India Ltd has scheduled a meeting of its Board of Directors for April 30, 2026. The primary purpose of the meeting is to consider a proposal for fund raising through an Unsecured Rupee Term Loan or Line of Credit (Bank Facility).The Board of Directors meeting is set to take place on Thursday, April 30, 2026, to discuss the details of the potential financing arrangement. The corporation is considering leveraging an Unsecured Rupee Term Loan or Line of Credit facility to raise necessary funds.POWERGRID Stock Price Movement Today, Power Grid Corporation of India Limited shares rallied, concluding the session up 1.45% to settle at...

Tirupati Forge Limited Allots 25,60,000 Equity Shares Upon Conversion of Warrants Tirupati Forge Limited announced that its Board of Directors, in a meeting held on April 27, 2026, approved the allotment of 25,60,000 equity shares to the Promoter on a preferential basis. The allotment occurs through the conversion of Convertible Warrants.Under the approved transaction, the Company allotted 25,60,000 equity shares, each having a face value of Rs.2/-. These shares were allotted at a premium of Rs.30/- per equity share, utilizing 25,60,000 Convertible Warrants. These warrants are part of the total 1,17,60,000 Convertible Warrants that were originally issued and allotted on January 16, 2025.The transaction proceeds were supported by...

Grovy India Limited to Hold Board Meeting to Discuss FY2026 Results and Auditor Appointment Grovy India Limited is scheduled to convene a meeting of its Board of Directors on Thursday, April 30, 2026. The meeting is set to take place at 4:00 P.M. at the company's registered office located at 122, 1st Floor, Vinobapuri, Lajpat Nagar II, New Delhi - 110024.The Board has outlined key matters for consideration, focusing on the company's financial performance and internal governance structure.Meeting Agenda Highlights The meeting will be convened to consider and approve the following core agenda points:Agenda ItemDescriptionFinancial ResultsAudited Financial Results for the fourth quarter and the financial year ended March 31...

Jyoti Structures Ltd Boards Meeting Scheduled for April 30, 2026; Trading Window Remains Closed Jyoti Structures Ltd has announced that its Board of Directors meeting is scheduled for Thursday, April 30, 2026. The meeting will be held virtually via MS Team (Video Conferencing).The board meeting is set to consider and approve several key corporate matters.Key agenda items scheduled for the meeting include:Item No.Details1Standalone and Consolidated Audited Financial Results of the Company for the quarter and year ended March 31, 2026, along with the Audit Report thereon.2Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2026, including Balance Sheet, Statement of...

Plastiblends India Announces FY26 Financial Results; Recommends Rs. 3.00 Dividend Per Share Plastiblends India Limited, a manufacturer of Masterbatches, has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Company’s Board of Directors, in its meeting held on April 27, 2026, reviewed and approved the financial results, alongside recommending a dividend payout.The Board also approved the reappointment of key management personnel and the appointment of new audit and cost auditors for the financial year 2026-27.Financial Performance Highlights The Company released detailed financial highlights comparing performance across previous years.The financial performance data highlights key...

Riddhi Siddhi Gluco Biols Completes Acquisition of Identified Assets from Cargill India Pvt. Ltd. Riddhi Siddhi Gluco Biols Limited announced the successful completion of the acquisition of identified assets from Cargill India Pvt. Ltd. The transaction solidifies the Company's operational presence and expands its manufacturing capabilities.The acquisition follows the terms set out in an Asset Purchase Agreement (APA) dated January 19, 2026, which was signed between Riddhi Siddhi Gluco Biols Limited and Cargill India Pvt. Ltd.With the completion of this major transaction, Riddhi Siddhi Gluco Biols Limited has significantly strengthened its operational footprint in Southern India. The acquired assets belong to Cargill India Pvt. Ltd...

Scan Steels Ltd Allots Equity Shares Following OCRPS Conversion Scan Steels Ltd reported on April 27, 2026, that its Board of Directors approved the allotment of 21,44,239 equity shares at a face value of Rs. 10 each. The issuance of these fully paid-up shares is the result of the conversion of 20,42,133 Optionally Convertible Redeemable Preference Shares (OCRPS).The board approved the allotment following the exercise of the option of conversion by the OCRPS Holders.The total conversion details are summarized as follows:MetricDetailsTotal OCRPS Converted20,42,133Total Equity Shares Allotted21,44,239Face Value Per ShareRs. 10The allotment was distributed among three key investors:Investor NameOCRPS Allotted...

Indian Railway Finance Corporation Secures Waiver of Fines for Multiple Quarters Indian Railway Finance Corporation Limited (IRFC), a Government of India Enterprise, has confirmed the approval of a waiver of fines related to its regulatory compliance.The approval was received from the Bombay Stock Exchange Ltd (BSE) on April 27, 2026. The waiver pertains to fines levied under SEBI Master circular no. SEBl/HO/CFD/PoD2/CIR/P/0155, originally issued on November 11, 2024.The waiver granted covers the financial quarters spanning from March 2022 through December 2025. The fine waiver addresses specific regulations under SEBI (LODR) pertaining to the periods in question.The details of the waiver and the relevant regulations are...

Heranba Group Announces Conversion of Inter-Corporate Deposits into ₹450 Crore OFCDs Heranba Industries Limited has announced that its Board of Directors approved the conversion of existing Inter-Corporate Deposits (ICDs) into Optionally Fully Convertible Debentures (OFCDs). This restructuring deal involves the company's wholly owned subsidiary, Heranba Organics Private Limited (HOPL).The transaction, which will be issued by HOPL to Heranba Industries Limited, is set to take place on a private placement basis through an adjustment and set-off against the existing ICD amount.The Board meeting addressing this proposal was held on April 27, 2026. The conversion is structured to assist in the restructuring of the inter-company funding...

SEBI Cracks Down: Multi-Crore Front-Running Scheme Uncovered, Multiple Intermediaries Penalized The Securities and Exchange Board of India (SEBI) has passed a comprehensive Final Order, concluding that a sophisticated front-running scheme was operated by several corporate entities and individuals. The investigation detailed how confidential trading information concerning a large Portfolio Management Service provider, known as the 'Big Client,' was leveraged for unlawful gains.The findings condemn a systematic method of trading designed to exploit market information asymmetry for massive profits. A total of ₹1,29,60,230.75 in unlawful gains were directed to be disgorged from the involved parties.Scope of the Front-Running Scam The...