Markets

Linc Ltd Approves USD 250,000 Further Investment in Turkish Joint Venture Silka Linc Linc Ltd announced on April 27, 2026, that its Board of Directors approved a further investment into M/s Silka Linc Kirtasiye Urunleri Sanayi Anonim Sirketi, Turkey. The investment concerns the joint venture company (JVC) operating in Turkey, known as Silka Linc.The company sanctioned a further investment amounting to USD 250,000 into Silka Linc. The approval came following a Board meeting held on April 27, 2026.In a move designed to maintain balanced participation, Linc Limited confirmed that there will be no change in its shareholding percentage within Silka Linc. This stability is ensured because the other partner, M/s. Silka Kirtasiye Imalat...

Indian Oil Corporation Boosts Upstream Portfolio with Hydrocarbon Discovery in Libya Indian Oil Corporation Limited (IndianOil) has announced a significant hydrocarbon discovery in an overseas exploration block located in Libya. The discovery enhances the company's international upstream portfolio and strengthens its strategic exploration footprint.IndianOil, which holds a 25% participating interest, is part of an Indian consortium. This consortium, which includes Oil India Limited, is undertaking exploration operations in the onshore exploration Block Area 95/96. This area is situated in the Ghadames Basin of south-western Libya, a region known as a well-established hydrocarbon province.The exploration block spans approximately...

Tata Communications Issues ₹750 Crore Commercial Paper, Listing Details Available Tata Communications Limited has successfully issued and allotted Commercial Paper aggregating ₹ 750 crore. The company announced the details of this major debt issuance, which was listed on the National Stock Exchange of India Limited on April 27, 2026.The Commercial Paper issuance provides funding through a structured timeline, beginning with the issue date and concluding with the redemption date.Details of the Commercial Paper issuance are as follows:Description of the securityCommercial PaperSize of the issue₹750 croreDate of IssueApril 24, 2026Date of RedemptionJuly 23, 2026Face Value per security₹5,00,000/-Discount Rate6.12%...

Anlon Technology Solutions Limited Secures Rs. 32.33 Lakh Order from Hindustan Aeronautics Limited Anlon Technology Solutions Limited announced the receipt of a new order worth Rs. 32.33 Lakhs from Hindustan Aeronautics Limited (HAL). The contract pertains to the supply of spare parts for CFT.The deal, noted by the company, confirms that the order is classified as a domestic transaction and involves no related party interests. The total value of the contract, comprising Rs. 27.40 Lakhs plus Rs. 4.93 in GST, was secured from the defense major HAL.The supplies are scheduled for completion by July 18, 2026.The core details of the contract received by Anlon Technology Solutions Limited are summarized below:DetailInformation...

RBI Releases Mega-Update: New Directions on Asset Classification, Provisioning, and Income Recognition for Banks The Reserve Bank of India (RBI) has finalized and issued crucial Directions concerning Asset Classification, Provisioning, and Income Recognition for the commercial banking sector. The move signals a major restructuring of prudential norms, governing how banks manage their balance sheets.This comprehensive release follows an extensive stakeholder feedback period, ensuring that the updated guidelines are robust and industry-aligned.Finalized RBI Directions Bolster Banking Sector Norms RBI formally issued the final Directions today, April 27, 2026. These rules govern critical areas like how assets are classified, the...

Surya Roshni Ltd Secures Export Order Worth US$ 1.90 Million from United States Surya Roshni Ltd has secured a significant export order valued at US$ 1.90 million, equivalent to ₹7.89 crore. The order originates from the United States of America (U.S.A), solidifying the company's position in the international steel market.The company confirmed the receipt of the international order on April 27, 2026. The contract relates to the supply of Steel Pipe of API SL Grade, with the total consideration pegged at US$ 1.90 million.The order was awarded by an international entity and is expected to be executed up to June 2026.Key details of the export order are as follows:MetricDetailsTotal Value₹7.89 crore (US$ 1.90 million)...

Vamshi Rubber Ltd Board to Review Operations and Strategic Options on April 30 Vamshi Rubber Limited announced that its Board of Directors will convene on Thursday, April 30, 2026, at 11:30 A.M. The meeting is scheduled to be held through Video Conferencing mode and will be deemed to take place at the company's registered office.The board has outlined two primary items for discussion. The first item focuses on discussing the company's operational performance. During this session, the board intends to evaluate various strategic options. These options include considering restructuring, fund raising, the sale or transfer of assets or undertakings, or any other corporate action, if deemed appropriate by the directors.The agenda also...

Shree Krishna Paper Mills to Invest in Renewable Power Projects, Acquiring 26.5% Stake Shree Krishna Paper Mills & Industries Ltd (SKPMIL) has announced plans to invest in Ratan Green Projects One Private Limited (RGPOPL) through a Share Subscription and Shareholders' Agreement. The investment, totaling Rs 310.00 lakh, will secure 26.5% of RGPOPL's equity share capital.The agreement, executed on April 27, 2026, positions SKPMIL as a key shareholder in RGPOPL, a company focused on renewable power generation. This investment aligns with SKPMIL’s long-term requirement to meet Captive Requirements under electricity laws.Strategic Investment Rationale The investment is linked to a Power Purchase Agreement (PPA) signed by SKPMIL with...

Bhagyanagar India Ltd. Announces Board Meeting to Approve Financial Results for FY2025 Bhagyanagar India Ltd. has announced that its Board of Directors will convene a meeting on Thursday, April 30, 2026. The primary agenda for the meeting is to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and the financial year ended March 31, 2026.The announcement confirms that the Board Meeting is scheduled for Thursday, April 30, 2026, with the objective of formalizing the financial performance metrics for the specified period.In related market updates, the company also informed that the trading window for dealing in the equity shares of Bhagyanagar India Ltd. has been closed. This restriction...

AU Small Finance Bank Reports Strong Q4'FY26 Results; PAT Jumps 65% YoY AU Small Finance Bank Limited announced its audited financial results for the quarter and financial year ended March 31, 2026. The Bank reported a strong overall performance, with Profit After Tax (PAT) increasing by 65% year over year (YoY) to ₹832 crore for Q4'FY26, contributing to a 25% YoY profit growth to ₹2,641 crore for the full fiscal year (FY26).The Bank highlighted improvements in asset quality and core metrics, noting a Net Interest Margin (NIM) expansion and substantial growth in deposit and loan portfolios.Key Financial Highlights for Q4'FY26 The Bank's performance metrics for the fourth quarter showed significant year-over-year growth...

PNGS Gargi Fashion Jewellery Announces Board Meeting and Trading Window Closure for FY 2026 Results PNGS Gargi Fashion Jewellery Ltd. announced key dates regarding the finalization of its financial results, confirming a Board of Directors meeting and establishing a restricted trading period for its securities.The company stated that a Meeting of the Board of Directors is scheduled for Wednesday, May 06, 2026. The primary agenda for the meeting is to consider and approve the Audited Financial Results of the Company for the quarter and the year ended March 31, 2026.In addition to the board meeting notice, the company also provided details regarding the closure of its trading window.The trading window dealing in PNGS Gargi Fashion...

Surya Roshni Ltd Secures Export Order from the USA Valued at US$ 7.23 Million Surya Roshni Ltd has announced that it has received a significant export order amounting to US$ 7.23 million, which is equivalent to 68.11 crore. The order pertains to the supply of specialized steel products to the United States of America (U.S.A).The company reported the execution of the contract on April 27, 2026. The contract was awarded by an international entity, and the goods supplied fall under the category of ERW Steel, OCTG Casing & tubing of API SCT Grade.The details of the order and contract terms are summarized below:Detail CategoryDescription/ValueContract ValueUS$ 7.23 million (68.11 crore)International TerritoryUnited States of...

Bajaj Housing Finance Reports 23% Growth in AUM, NII, and Net Total Income for FY26 Bajaj Housing Finance Limited (BHFL) announced the approval of its audited financial results for the quarter and financial year ending March 31, 2026. The results underscore significant growth across key operational areas, with Assets under Management (AUM) and Net Interest Income (NII) showing robust year-over-year increases.The company held its Board of Directors meeting on April 27, 2026, where the financial results were considered and approved. The 18th Annual General Meeting of the company is scheduled for Wednesday, July 29, 2026.Strong Financial Performance Highlighted The financial results for FY26 demonstrated substantial growth compared to...

City Union Bank Board Approves Rs. 2 Dividend and 1:3 Bonus Issue for FY 2025-26 City Union Bank Limited announced the outcome of its Board of Directors meeting held on April 27, 2026. The Board approved the standalone audited financial results for the quarter and year ended March 31, 2026. Additionally, the Board recommended a dividend and a bonus share issuance, both subject to approval by the bank's shareholders at the ensuing Annual General Meeting.The Board recommended a dividend of Rs. 2 per equity share, representing 200% of the face value of Re. 1 per equity share for the Financial Year 2025-26. Furthermore, the Bank recommended the issuance of bonus shares in the ratio of 1:3, meaning 1 equity share for every 3 fully paid up...

RBI Finalizes Basel III Blueprint: New Guidelines Strengthen Capital Charge for Credit Risk The Reserve Bank of India (RBI) has released its Final Directions on the Capital Charge for Credit Risk under the Standardised Approach. This critical regulatory update marks a significant step towards strengthening India's banking resilience and aligning local practices with global financial standards.The new directions, titled RBI (Scheduled Commercial Banks - Capital Charge for Credit Risk - Standardised Approach) Directions, 2026, provide mandatory guidelines for how scheduled commercial banks must calculate their capital charges for credit risk.RBI Issues Final Directions on Credit Risk Capital Charge The RBI’s regulatory journey started...

Piramal Finance Reports Strong Growth with Consolidated PAT of ₹ 1,506 Cr in FY2026 Mumbai, India | April 27, 2026: Piramal Finance Limited today announced its consolidated financial results for the fourth quarter and full year ended March 31, 2026. The company highlighted a year of robust growth and improved profitability, attributed to disciplined execution and a strategic shift toward a retail-led, AI-native operating model.Consolidated Financial Highlights Piramal Finance reported significant growth across key metrics during the fiscal year. The company's total Assets Under Management (AUM) crossed the ₹ 1 lakh crore mark, marking a 25% Year-over-Year (YoY) increase to ₹ 1,01,230 Cr.Financial figures comparing the past four...

Pace E-Commerce Ventures Board Approves Half-Year and Annual Financial Results Pace E-Commerce Ventures Ltd announced that its Board of Directors met on Monday, April 27, 2026. During the meeting, the Board considered and approved the company’s financial performance for the period ending March 31, 2026.The Board held its meeting at the Corporate office located at 423, Block-C, 1/1, Sumel-11, Indian Textile Plaza, Shahibaug, Ahmedabad-380004, Gujarat, India.The key outcome of the meeting was the consideration and approval of the following documentation:The Audited Standalone Financial Results of the Company for the half year and the year ended March 31, 2026. The Statutory Audit Report of the Company’s Auditor.The meeting...

Linc Limited Plans Capacity Expansion Unit Near Kolkata with Rs. 60.58 Crore Investment Linc Limited has announced details regarding the proposed addition of new infrastructure for a manufacturing unit near its existing factory located in Kolkata. The company provided an update regarding the expansion plans, outlining the required investment and the projected timeline for the capacity addition.The expansion is set to establish new manufacturing infrastructure near the company's current Kolkata facility. According to the latest information, the required investment for this proposed capacity addition is Rs. 60.58 Crores.The timeline for the project indicates that the added capacity is proposed to be fully incorporated by Q3 of the...

Fidel Softech Board Approves Financial Results for FY 2025-26, Recommends Dividend, and Approves Auditor Reappointments Fidel Softech Limited announced key outcomes from its Board of Directors meeting held on April 27, 2026. During the meeting, the Board approved the audited consolidated and standalone financial results for the quarter, half year, and year ended March 31, 2026, alongside the corresponding unmodified audit report.The company confirmed that Kirtane and Pandit LLP, the Statutory Auditors, issued their Audit Report on the Annual Audited Consolidated and Standalone Financial Statements for the Financial Year ended March 31, 2026, with an unmodified opinion.Dividend Recommendation A significant outcome of the board...

SEBI Hits Golden Tobacco CFO with ₹8 Lakh Penalty Over Massive Fund Misrepresentation Spanning Over a Decade The Securities and Exchange Board of India (SEBI) has levied a significant penalty on the Chief Financial Officer (CFO) of Golden Tobacco Limited (GTL). The adjudication order, dated April 27, 2026, found the CFO guilty of violating critical disclosure regulations related to the company's financial reporting.The investigation centered on the alleged misrepresentation of accounts spanning from FY 2009-10 to FY 2020-21. SEBI concluded that GTL and its subsidiary were involved in systematically misrepresenting the utilization of substantial corporate funds.SEBI Imposes Penalty on Golden Tobacco CFO The Adjudicating Officer...