Markets

Kernex Microsystems Secures Rs. 67.53 Crore Order for KAVACH Loco Equipment from Patiala Kernex Microsystems India Ltd has secured a substantial domestic contract worth Rs. 67.53 Crores (including GST). The order has been awarded by the PCMM Office in Patiala for the supply, installation, testing, and commissioning of On-board KAVACH Loco equipment.The contract addresses the provision of specialized railway technology and was structured according to the ROSO Specification No. ROSO/SPN/196/2020, Version 4.0, or the latest version thereof.The transaction falls under the category of a domestic order and is described as crucial for the railway sector. The awarding entity for the contract is identified as the PCMM Office, Patiala. The...

Jaykay Enterprises to Acquire Defence Precision Manufacturer Patange Industries' Business Undertaking Jaykay Enterprises Limited announced on April 13, 2026, that its Board of Directors approved the acquisition of the Business Undertaking of Patange Industries Private Limited (PIPL). The transaction involves a slump sale on a going concern basis.PIPL is a company engaged in the specialized field of defence precision manufacturing, fabrication, and engineering design services. The acquisition aligns with Jaykay Enterprises Limited's strategic objective to expand its presence within the Defence & Aerospace sector and to strengthen its technological and engineering capabilities.The acquisition entails the transfer of PIPL's operational...

Dev Accelerator Locks in ₹110 Crore Enterprise Deal, Signaling Institutional Shift to Managed Workspaces Dev Accelerator Limited (DevX) has secured a landmark enterprise deal with Manubhai and Shah LLP, solidifying its position as a key provider of managed office solutions in India's Tier-II cities. The agreement represents one of the largest enterprise-led flexible workspace transactions in the Ahmedabad area, promising strong, long-term revenue visibility for DevX.The contract spans a 9-year period and encompasses approximately 1,00,000 sq. ft. Manubhai and Shah LLP will relocate its Ahmedabad headquarters to DevX's managed campus at Capital One, utilizing a total capacity of 2,000 seats, with over 1,000 seats committed in Phase 1...

Sterlite Technologies Reports Demise of Interim Chief Human Resource Officer Sterlite Technologies Ltd. announced the sad demise of Mr. Saumya Mondal, its Interim Chief Human Resource Officer. The company stated that Mr. Mondal, who is classified as Senior Management Personnel, passed away on April 12, 2026.The company confirmed that the change in personnel status is due to the demise of Mr. Saumya Mondal.The core details of the change in senior management personnel are summarized below:DetailInformationPersonnel AffectedMr. Saumya MondalDesignationInterim Chief Human Resource OfficerClassificationSenior Management PersonnelReason for ChangeDemiseCessation DateApril 12, 2026Current DirectorshipsNoneSTLTECH...

Panorama Studios International Ltd Executes Theatrical Distribution Agreement for 'Daadi Ki Shaadi' Panorama Studios International Ltd has announced the execution of a Theatrical Distribution Agreement with M/S. DKS FILM LLP. This agreement covers the exploitation of the theatrical rights for the Hindi language film, titled "Daadi Ki Shaadi."Under the agreement, M/S. DKS FILM LLP has secured the rights for the theatrical distribution of the movie across pan India and various overseas territories. The distribution scope explicitly excludes France and Turkey.The film, "Daadi Ki Shaadi," stars Kapil Sharma, Sadia Khateeb, R Sarathkumar, Neetu Kapoor, Ridhima Kapoor, and others. Ashish R Mohan is credited as the director of the movie...

Laxmi Organic Industries Announces CFO Resignation and Appointment of Interim Chief Financial Officer Laxmi Organic Industries Ltd confirmed a change in its senior management structure following the resignation of its Chief Financial Officer. The company announced the appointment of Mr. Harshvardhan Goenka to serve as the interim CFO, effective April 14, 2026.The company released details confirming the resignation of Mr. Mahadeo Karnik from the roles of Chief Financial Officer and Key Managerial Personnel. Mr. Karnik's resignation is effective from the close of business hours on April 13, 2026.The transition includes the appointment of Mr. Harshvardhan Goenka as the Interim Chief Financial Officer of the Company. His tenure as...

Rama Petrochemicals Ltd Allots Equity Shares Following Conversion of Third Tranche Warrants Rama Petrochemicals Ltd announced the allotment of equity shares resulting from the conversion of a tranche of warrants. The Board of Directors approved the conversion of 20,99,750 warrants into an equal number of 20,99,750 Equity Shares of face value of ₹ 7.10 each.The conversion of these warrants was executed by the warrant holders as part of the exercise of their rights, marking a significant increase in the company's paid-up capital.The allotment was made for cash, following the receipt of the exercise price. The payment was collected at a rate of ₹ 7.5 per share warrant, which represents 75% of the original warrant issue price of ₹ 10...

Supreme Power Equipment Secures New Order Worth ₹ 39.90 Crore from Hyderabad-Based EPC Company Supreme Power Equipment Limited announced on April 13, 2026, that it has secured a significant new order worth ₹ 39.90 crore. The contract comes from an EPC Company located in Hyderabad, marking a major domestic business win for the power transformer manufacturer.The order received on April 13, 2026, is for the domestic supply of 20MVA, 110/33- 11KV Power Transformers. The transaction was identified as coming from a domestic entity, confirming the order's origin within India.Supreme Power Equipment Limited confirmed that the contract is structured with no related party involvement and that the promoter group has no existing interest in the...

Chatterbox Technologies Ltd Announces Resignation of Company Secretary and Compliance Officer Chatterbox Technologies Ltd has confirmed the resignation of Ms. Prachi Kela from the positions of Company Secretary and Compliance Officer. The move is effective from the close of business hours on April 30, 2026.According to the details provided, Ms. Prachi Kela submitted her resignation letter on April 11, 2026. She stated that the primary reason for her decision is to pursue an alternate career opportunity outside the organization.The resignation will be formally reviewed by the Board of Directors.The operational details regarding the change in roles include the following:ParticularsDetailsReason for changeTo pursue an...

Indobell Insulations Ltd. to Hold Board Meeting on May 22, 2026 Indobell Insulations Ltd. has scheduled a Meeting of its Board of Directors for Friday, May 22, 2026. The meeting will take place at the Company's Corporate Office.The board has set forth specific agenda items for consideration, primarily focusing on the financial performance of the company and potential shareholder rewards.According to the notice, the Board of Directors will consider and approve the following material matters:The Audited Financial Results for the Half Year and Year ended March 31, 2026. A recommendation regarding a final dividend on equity shares for the financial year ended March 31, 2026, if any. This recommended dividend is for the subsequent...

K S Oils Ltd. Reports Demise of Chief Financial Officer Sanjeev Goyal K S Oils Ltd. announced the sudden demise of its Chief Financial Officer (CFO), Mr. Sanjeev Goyal. The company confirmed that Mr. Goyal passed away on April 12, 2026.The company provided details regarding the change in executive leadership, confirming that the demise of Mr. Goyal marks the cessation of his role as CFO.Key details concerning the change in personnel are summarized below:Disclosure RequirementDetailReason for changeDemise of Mr. Sanjeev Goyal (Chief Financial Officer)Date of cessation12-04-2026Terms of appointment/re-appointmentNot ApplicableK S Oils Ltd. released the information on April 13, 2026, confirming the passing of its CFO...

TTI Enterprise Ltd Appoints Mr. Gourav Saraf as Secretarial Auditors for 2025-26 TTI Enterprise Ltd has announced that its Board of Directors approved the appointment of Mr. Gourav Saraf, Practicing Company Secretary, as the Secretarial Auditor for the company for the financial year 2025-26.The appointment was approved during a Board meeting held on Monday, April 13, 2026, filling a casual vacancy.Mr. Gourav Saraf, holding the designation of Practicing Company Secretaries (COP: 18108), is a qualified Company Secretary in Practice. He has been recognized for his extensive experience and exposure in specialized areas of corporate laws, including the Companies Act and SEBI regulations. His professional services include offering...

Supreme Power Equipment Limited Secures ₹ 13.50 Crore Domestic Order for Transformer Supply Supreme Power Equipment Limited announced the securing of a new domestic order worth ₹ 13.50 crore on April 13, 2026. The substantial contract involves the supply of a high-capacity transformer to a reputed company located in Hyderabad.The order, received on April 13, 2026, marks a significant business win for the transformer manufacturer. The contract is specifically for the supply of a 112.5MVA, 330 kV transformer.The agreement was finalized with a domestic entity, confirming the product's nature as a key industrial supply contract. The company estimates that the order needs to be executed within approximately 11 months.Key details...

Federal Bank Allots Equity Shares to Employees Following Stock Option Exercise Federal Bank Ltd has announced the allotment of equity shares to Option Grantees following the exercise of stock options under its Employee Stock Option Scheme (ESOS). The allotments were completed on April 13, 2026, after the payment of money by the allottees.The allotment was made by the Bank after approval from the Nomination, Remuneration, Ethics and Compensation Committee.The company reported the specific details of the equity share allotments under the two active schemes.SchemeDate of ExerciseShares AllottedFace Value per ShareESOS 2010 SchemeApril 13, 20263,625Rs. 2/-ESOS 2017 SchemeApril 13, 20262,72,854Rs. 2/-The allotment of 3,625...

Hinduja Global Solutions Named 'Leader' in NelsonHall's 2025 NEAT Evaluation for GenAI Transformation Bengaluru, India, and Austin, US - April 13, 2026: Hinduja Global Solutions (HGS), a global provider of technology, AI, and business services, announced that it has been designated a 'Leader' in NelsonHall's 2025 NEAT Evaluation for Transforming Business Operations with GenAI. The recognition was specifically awarded in the 'Developing custom GenAI solutions' segment.This designation validates HGS's capability to deliver immediate value and serve as a future-ready partner by successfully addressing both immediate operational transformation using GenAI and meeting anticipated future client requirements. This alignment underscores HGS's...

Puravankara Reports Strong Q4 and FY26 Sales Performance, Details ₹15,200 Crore Growth Pipeline Puravankara Limited, a prominent real estate developer, announced robust financial results for the quarter and financial year ended March 31, 2026, highlighting significant growth in sales and collections. The company reported Q4FY26 sales of ₹3,547 crores, marking a 190% increase compared to the previous year, leading to total sales of ₹7,407 crores for FY26, an increase of 55% from FY25.The company also saw healthy customer collections, recording ₹1,213 crores for Q4, which is up 36% from ₹892 crores in the same period last year. For the full fiscal year 2026, customer collections stood at ₹4,258 crores, representing a 15% rise from...

National Standard (India) Ltd Board Meeting Scheduled for April 17, 2026 National Standard (India) Limited announced that a meeting of its Board of Directors has been scheduled for Friday, April 17, 2026. The primary agenda for the meeting is to approve and take on record the Audited Financial Results of the company for the quarter and the full financial year ended March 31, 2026.In an operational update, the company confirmed the status of its securities trading window. Following the company's Code of Conduct for Regulating, Monitoring & Reporting of Trading, the trading window for dealing in National Standard (India) Ltd securities was closed starting April 1, 2026. The trading period will remain closed until 48 hours after the...

Coal India Ltd Board Meeting Scheduled to Review Q4 Results and Recommend Final Dividend Coal India Ltd has announced that its Board of Directors will convene a meeting on Monday, April 27, 2026. The primary purpose of the meeting is to review, approve, and record the Audited Financial Results of the Company for the fourth quarter and the financial year ending March 31, 2026.The meeting agenda includes the consideration of the Standalone and Consolidated Audited Financial Results, following a review conducted by the Audit Committee of the CIL Board.Additionally, the Board of Directors is set to consider and potentially recommend a Final Dividend for the fiscal year 2025-26. The company noted that the payment of any final dividend...

HCL Technologies to Announce FY26 Annual and Q4 Results on April 21 HCL Technologies Ltd has scheduled the announcement of its Fourth Quarter and Annual Financial Results for the fiscal year 2026, which concluded on March 31, 2026. The company will release this material update on Tuesday, April 21, 2026, after the closing of Indian stock markets.Following the results announcement, the senior management of HCL Technologies will host an audio conference call. This session is scheduled for 7:30 p.m. IST and is set to last for 60 minutes. The call is designed to allow management to discuss the financial results, followed by a detailed question-and-answer session with participants.The company will also provide access to a replay of the...

IDFC First Bank Allots 5,07,112 Equity Shares Following Employee Stock Option Scheme Exercise New Delhi, April 13, 2026 — IDFC First Bank Ltd announced that its Board of Directors approved the allotment of 5,07,112 equity shares to eligible employees. The shares were allotted on the basis of the exercise of previously granted and vested stock options under the 'IDFC FIRST Bank - Employee Stock Option Scheme' (ESOS).The committee of the Board approved the allotment of the 5,07,112 equity shares, each having a face value of ₹10 and being fully paid-up. The newly allotted shares will rank pari passu with the bank's existing equity shares in all respects.The allotment significantly impacted the Bank's share capital structure. Following...