Markets

ICICI Prudential Asset Management Appoints Mr. Prashant Kumar as Additional Independent Director ICICI Prudential Asset Management Company Limited announced that its Board of Directors, during a meeting held on April 27, 2026, approved the appointment of Mr. Prashant Kumar as an Additional Director and Independent Director.The appointment details specify a term of five years, commencing from May 1, 2026, and concluding on April 30, 2031. The nomination and remuneration committee recommended the appointment, which remains subject to the subsequent approval of the Company's members and adherence to applicable guidelines.ICICI Prudential Asset Management Company Limited affirmed that Mr. Prashant Kumar is not debarred from holding the...

Frog Innovations Limited Establishes Inter-Corporate Loan of INR Rs. 1.5 Crore with Subsidiary Frog Innovations Limited has entered into a Loan Agreement with its wholly owned subsidiary, Frog Tele Private Limited. The inter-corporate loan, executed on April 27, 2026, involves a facility amount of INR Rs. 1,50,00,000/-.Under the agreement, Frog Tele Private Limited, which serves as the borrower, is set to utilize the facility amount to cover the one-time lease rental payment payable to the Noida Authority.The transaction involves Frog Innovations Limited acting as the lender. Since Frog Innovations Limited holds 100% of the shares in Frog Tele Private Limited, the transaction constitutes a related party transaction. The company...

Medanta Expands Indore Presence with Acquisition of 80-Bed Cancer Hospital Global Health Limited 'Medanta', a leading multispecialty tertiary care provider operating across North and East India, has announced a strategic expansion in Indore, Madhya Pradesh. The company plans to take over an 80-bedded Cancer Hospital through a Business Transfer Agreement (BTA).This acquisition is designed to significantly strengthen Medanta’s presence in Central India and complement its existing 175-bedded multi-specialty facility.Under the terms of the Business Transfer Agreement, Asian Institute of Oncology Private Limited, acting as the transferor, will transfer the Indore Business Undertaking (AIOPL Indore) as a going concern to Medanta, the...

Mahindra Holidays & Resorts Announces FY 2026 Financial Results and 100% Stake Acquisition in Aditatva Estates Mahindra Holidays & Resorts India Limited (MHRIL) announced key updates regarding its financial performance and strategic expansion on April 27, 2026. The company’s Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and the full financial year ending March 31, 2026.Furthermore, the Board approved the acquisition of a 100% stake in Aditatva Estates Private Limited, a company involved in the coffee plantation business, signaling a move to expand its leisure resorts operations.Financial Performance Summary The Board of Directors formally approved the audited financial...

Creative Eye Ltd Set to Hold Board Meeting to Address Chairperson Transition Creative Eye Limited has scheduled a meeting of its Board of Directors for April 30, 2026. The meeting is set to take place at the company's registered office at Kailash Plaza, Plot No. 12-A, New Link Road, Andheri (West), Mumbai 400 053, commencing at 2:00 pm.The board agenda for the meeting is focused on key leadership changes within the company. The first item requires the board to consider and approve the resignation letter of Ms. Zuby Kochhar, a Whole Time Director, from her position as Chairperson/Chairman of the Board of Directors.Following the consideration of the resignation, the board is scheduled to vote on the appointment of Ms. Matty Vishal...

Cera Sanitaryware Ltd Board Meeting Scheduled for May 8 to Approve FY Results and Consider Dividend Cera Sanitaryware Limited announced that its Board of Directors meeting is scheduled for Friday, May 8, 2026. The primary purpose of the meeting is to consider and approve the financial results for the company.During the meeting, the board is set to discuss two key agenda items. First, the directors will consider and approve the Audited Financial Results for both the quarter and the full year ended March 31, 2026. Secondly, the board plans to recommend a dividend, if any, on Equity Shares for the Financial Year 2025-26.In terms of market activity, the window for trading in Cera Sanitaryware Limited shares has been closed as of April...

Mahindra Holidays Reports Q4 FY26 and Full Year FY26 Financial Results Mahindra Holidays & Resorts India Limited announced its standalone and consolidated financial results for the fourth quarter and the financial year ended March 31, 2026. The company, India's leading leisure hospitality provider, highlighted inventory expansion and robust growth in resort revenue during the period.The company reported that its annual consolidated revenue for FY26 saw a 7% increase year-over-year (YoY), accompanied by the addition of seven new managed resorts during the year.Key Performance Highlights For the full year ending March 31, 2026, Mahindra Holidays reported significant operational achievements:Inventory Expansion: The company...

Deccan Transcon Leasing Limited Files for Promoter Group Reclassification to Public Status Deccan Transcon Leasing Limited announced on April 27, 2026, that it had submitted an application to the recognized stock exchanges seeking noobjection and approval for the reclassification of status from 'Promoter Group' to 'Public' category. The company filed this application on April 21, 2026$.The movement regarding the reclassification was approved by the Board of Directors during its meeting held on March 6, 2026. The board approved the reclassification of several members of the Promoter Group into the 'Public' category.The following details summarize the members whose reclassification was approved by the Board, listing the relative...

Quess Corp Ltd Receives Rs 155.11 Crore Tax Refund for FY 2024-25 Quess Corp Ltd announced that it received an Assessment Order and a significant tax refund for the Financial Year 2024-25. The refund, totaling Rs 155.11 Crore, was received on April 27, 2026, following an assessment order passed under Section 143(1) of the Income Tax Act, 1961.The refund was processed by the Centralized Processing Centre of the Income Tax Department in Bengaluru.The total refund amount of Rs 155.11 Crore is comprised of two parts: the tax refund and the accrued interest.ComponentAmount (in Crore)Total Refund155.11Tax Refund145.65Interest Amount9.46The company stated that the receipt of this tax refund and assessment order has no...

SBI Cards Posts 13% PAT Growth for FY26, Highlights Robust Revenue and Spends Increase New Delhi, April 27, 2026: SBI Cards and Payment Services Limited announced its financial results for the fourth quarter (Q4) of FY26 and the full financial year ended March 31, 2026. The company reported a Profit After Tax (PAT) increase of 13% year over year, reaching ₹2,167 Crore for the fiscal year.Quarterly Performance Highlights For the quarter ending March 31, 2026, the company recorded significant growth across key metrics:Total Revenue: Increased by 7% year over year, standing at ₹5,187 Crore in Q4 FY'26, compared to ₹4,832 Crore in Q4 FY'25. Profit After Tax (PAT): Rose to ₹609 Crore in Q4 FY'26, up from ₹534 Crore in Q4 FY'25...

Abirami Financial Services Ltd. Board Approves Appointments and Corporate Actions Abirami Financial Services India Ltd. held its Board Meeting on April 27, 2026, where the board took several key resolutions regarding corporate governance, directorship appointments, and routine statutory compliance. The meeting saw the board approve the nomination of Mr. Santhosh Veerappan for additional and independent directorship roles, alongside approving related party transactions.During the session, the board of directors reviewed and took note of the quarterly compliance reports and the reconciliation of the share capital audit report.Key Directorship Appointments A significant outcome of the meeting was the proposal for Mr. Santhosh Veerappan...

Mahindra Holidays to Acquire 100% Stake in Coffee Plantation Business Mahindra Holidays & Resorts India Limited (MHRIL) has announced the approval of the acquisition of a 100% stake in Aditatva Estates Private Limited. The company, which is engaged in the coffee plantation business, plans to utilize this acquisition to expand its leisure resorts portfolio.MHRIL executed a Share Purchase Agreement for the acquisition of the entire stake in Aditatva Estates Private Limited. Following the successful completion of the transaction, Aditatva will become a wholly owned subsidiary of Mahindra Holidays & Resorts India Limited.Aditatva Estates Private Limited operates on a approximately 50 acre land parcel located in Chikmagalur, Karnataka...

Ethos Limited Opens New Watch Boutique in Agra, Reaches 96 Outlets Across India Ethos Ltd has inaugurated a new Ethos Watch Boutique in Agra, significantly strengthening its luxury brand portfolio and solidifying its presence in a key luxury retail market.The new boutique is located at Anjana Central, Anjana Cinema Ghar, No 3/2D, Khasra No 513, Mauza Lashkarpur, MG Road, Hariparvat, Agra, 282002.The expansion marks a milestone in the company's strategic vision of delivering unparalleled luxury experiences, making exclusive brands accessible to discerning customers throughout India.With the addition of the Agra outlet, the company now operates a total of 96 boutiques across India.Munish Gupta, Chief Financial Officer of Ethos...

Southern Magnesium & Chemicals Ltd. Board Meeting Scheduled for May 4 to Approve FY 2026 Results Southern Magnesium & Chemicals Ltd. has announced that its Board of Directors meeting is scheduled for Monday, May 04, 2026. The meeting aims to consider and approve key corporate developments, including the audited Financial Results for the quarter and year ended March 31, 2026.The Board meeting will be held at the Company's Registered Office, situated at Deccan Chambers, 5th Floor, 6-3-666/B, Somajiguda, Hyderabad, Telangana - 500 082.In addition to the financial results approval, the agenda will cover other general items.Key Corporate Timelines The Company provided key timelines regarding the financial reporting cycle and trading...

SBI Cards Announces Audited Financial Results for Quarter and Year Ended March 31, 2026 SBI Cards and Payment Services Limited announced that its Board of Directors approved the audited financial results for the quarter and the year ended March 31, 2026.The company reported significant figures for both the full financial year and the latest quarter, detailing performance across various income streams and financial metrics.Quarterly and Annual Financial Performance Total income for the year ended March 31, 2026, stood at ₹ 20,707.62 Crores. For the quarter ending March 31, 2026, total income was ₹ 5,187.04 Crores.Metric (₹ in Crores)March 31, 2026 (Quarter)March 31, 2026 (Year)Total Revenue from Operations4,934.5019,899.63...

Ms. Nigar Fatima Husain Appointed as Part-time Official Director on BHEL Board Bharat Heavy Electricals Limited (BHEL), a Government of India Undertaking, announced a change in its board composition, naming Ms. Nigar Fatima Husain as its new Part-time Official (Government Nominee) Director. The appointment is effective from April 27, 2026.Ms. Nigar Fatima Husain, who holds the designation of Additional Secretary & Financial Advisor at the Ministry of Commerce & Industry and Ministry of Heavy Industries, Government of India, is taking over the directorship from Shri Asit Gopal, who was the Special Secretary & Financial Adviser, and has consequently ceased to be a Director on BHEL's Board.The board inducted Ms. Nigar Fatima Husain, an...

Global Health Ltd to Acquire 79-Bedded Cancer Care Hospital in Indore Global Health Ltd announced that its Board of Directors approved the execution of a Business Transfer Agreement (BTA). The transaction involves acquiring a 79-bedded Cancer Care Hospital located in Indore, strengthening the company's presence in oncology services.The Board meeting held on April 27, 2026, authorized the BTA for the hospital in Indore, which is situated in close proximity to Global Health Ltd's existing facility in the region. The approval also included the assignment of the existing lease deed and the execution of a fresh lease for an additional 1,700 sqft within the facility.Acquisition Details The target hospital is a 79-bedded Advanced Super...

Premier Energy and Infrastructure Ltd To Hold Board Meeting to Approve FY and Quarterly Financial Results Premier Energy and Infrastructure Ltd has announced that its Board of Directors will convene a meeting on Monday, May 04, 2026. The primary agenda for the meeting is the consideration and subsequent approval of the audited financial results for the quarter and the full financial year ending March 31, 2026.The company confirmed that the board session is scheduled to address the audited financial performance, covering both Standalone and Consolidated results for the fiscal period ending March 31, 2026.Stock Price Movement As of 14:46, Premier Energy and Infrastructure Ltd is edging higher, currently trading at ₹7.40, marking a...

BDR Buildcon Limited Reports Strong Financial Turnaround for FY26, Boosted by Operating Cash Flow BDR Buildcon Limited announced the outcomes of its Board of Directors meeting held on April 27, 2026. The company released its audited standalone financial results and auditor’s report for the quarter and the full financial year ended March 31, 2026. The financial statements reflect a significant positive swing in operational profitability and cash generation compared to the previous fiscal year.The company's annual revenue from operations for the year ended March 31, 2026, stood at ₹5,297,806. The Profit before tax reached ₹3,998,437 for the fiscal year 2026, marking a dramatic reversal from a loss of (₹1,223,093) reported in the year...

Monarch Surveyors Wins Contract for Final Location Survey of New BG Railway Line Monarch Surveyors and Engineering Consultants Limited has announced that it has received a Letter of Acceptance (LoA) for carrying out the Final Location Survey (FLS) and preparation of the Detail Project Report (DPR) for a new Broad Gauge (BG) Railway Line. The project spans the route between Nimach, Banswara, Dahod, Alirajpur, and Nandurbar over Western Railway.The total order value for this significant railway infrastructure project is Rs.6,54,20,305.39.The contract involves surveying and reporting work for the new BG railway line, making Western Railway the primary target entity for the scope of work. The company noted that the transaction is...