Markets

Marine Electricals Secures Contracts Worth Rs 70.86 Crores from Major Clients Marine Electricals (India) Limited has secured orders totaling approximately Rs 70.86 crores, excluding taxes. The contracts involve the supply of various electrical components and systems to two distinct clients, with the execution period spanning from several months to over a year.The company confirmed receiving two significant orders: one from Princeton Digital Group (India) Management Private Limited and another from C Torq Marine Services L.L.C.The details of the new contracts are as follows:Client NameProduct SuppliedEstimated Delivery PeriodPrinceton Digital Group (India) Management Private LimitedPower distribution system7 to 9 monthsC...

SEBI Closes Out Enforcement Action Against Markolines Pavement After Settlement Payment The Securities and Exchange Board of India (SEBI) has issued a Settlement Order for Markolines Pavement Technologies Limited, formally closing an adjudication proceeding related to non-compliance with listing regulations. The order, dated April 27, 2026, details the conclusion of an inquiry into the company’s filings concerning its Initial Public Offer (IPO) proceeds.The settlement marks the finalization of the matter, which was initially brought to light due to alleged discrepancies in fund utilization reporting.Core Violation: Failure to File IPO Proceeds Statement The proceedings stemmed from SEBI receiving an examination report from the BSE...

Jagatjit Industries Ltd Appoints Mr. Roopak Chaturvedi as New Chief Executive Officer Jagatjit Industries Ltd announced the appointment of Mr. Roopak Chaturvedi as its new Chief Executive Officer (CEO). The appointment was made following a meeting of the Board of Directors of the Company held on April 27, 2026.The Board of Directors made the appointment based on recommendations received from both the Nomination and Remuneration Committee and the Audit Committee. Mr. Chaturvedi’s role as CEO of the Company is effective from April 27, 2026.Mr. Roopak Chaturvedi brings over 25 years of leadership experience to the role. He holds an MBA from ISWBM, Kolkata. His extensive career has spanned consumer-facing sectors, including alcoholic...

Castrol India Announces Retirement of VP B2B Sales, Mr. Rajeev Govil Castrol India Ltd announced the retirement of its Vice President of B2B Sales, Mr. Rajeev Govil. The change in senior management personnel is effective from the close of business hours on April 30, 2026.The company confirmed that Mr. Govil is retiring from his services with effect from April 30, 2026.In the wake of Mr. Govil’s departure, Castrol India stated that the responsibilities associated with his role will be intermittently handled by a senior team member identified by the company. The firm added that it is currently in the process of filling the resulting vacancy, and details regarding the successor will be intimated as soon as the appointment is finalized...

Kotak Mahindra Bank Details Listing, Credit Ratings, and Payment Status for Non-Convertible Debt Securities Kotak Mahindra Bank Limited has published comprehensive details regarding its listed Non-Convertible Debt Securities, including listing details, current credit ratings, and interest payment status across various financial years.Listing Details of Non-Convertible Debt Securities The bank detailed five securities, providing information on their ISIN, allotment, and listing dates across both the National Stock Exchange (NSE) and BSE.Sl. No.ISINAllotment dateListing dateListing quantityFirst issue/ further issueExchange1INE237A0894028/03/2019NSE: 03/04/2019 BSE: 05/04/20191,500 (Face Value Per Security: Rs. 10,00,000)First...

Nippon Life India Asset Management Reports Financial Results, Recommends Final Dividend, and Announces Management Changes Nippon Life India Asset Management Limited (NAM India) announced its financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the audited standalone and consolidated financial results and recommended a final dividend for the financial year 2025-26. The company also approved significant updates to its management team and employee stock option schemes.Financial Performance Highlights For the fiscal year 2025-26, NAM India reported robust financial growth. The company's assets under management (AUM) also showed substantial gains across various segments.Based on the media...

Pecos Hotels and Pubs Ltd Appoints Key Management Personnel and Internal Auditor Pecos Hotels and Pubs Ltd conducted a Board of Directors meeting on Monday, April 27, 2026, at its Corporate Office in Bangalore. The meeting, which commenced at 11:30 A.M. and concluded at 3:30 P.M., approved several key corporate appointments and decisions regarding the company's management structure and internal audit functions.Company Secretary and Compliance Officer Appointed The Board approved the appointment of Ms. Neelam Kumari (Membership No. A74476) to serve as the Company Secretary and Compliance Officer. The terms and conditions of her appointment, including remuneration, were also approved during the meeting. Ms. Kumari’s tenure is set to...

Manaksia Coated Metals & Industries Ltd Board Meeting Scheduled for May 6, 2026 Manaksia Coated Metals & Industries Ltd has announced that its Board of Directors meeting is scheduled for Wednesday, May 6, 2026. The meeting agenda is set to cover key financial outcomes and potential dividend declarations for the financial year 2025-26.During the meeting, the Board is scheduled to consider and approve the audited financial results of the company. This includes both the standalone and consolidated financial results, along with the Auditor's Report, for the quarter and year ending March 31, 2026.Additionally, a primary agenda item is the consideration and approval of declaring a Final Dividend on the company's Equity shares for the...

AVI Polymers Reports Audited FY26 Results: Records Revenue Growth and Focuses on Digital Expansion Ranchi, April 27, 2026 — AVI Polymers Ltd. announced the approval of its audited Consolidated and Standalone Financial Results for the quarter and year ended March 31, 2026. The Board of Directors held its meeting on April 27, 2026, to formally take the financial results, along with the associated auditor's report, on record.The company reported robust financial performance for the fiscal year 2025-26, fueled by strong operating revenue and significant capital infusion, while also detailing its strategic expansion into digital sectors through AI-powered subsidiaries.Financial Performance Summary The audited financial results reflect a...

HCLTech Named Leader in Everest Group's Application Transformation Services for AI-Enablement PEAK Matrix 2025 NEW YORK and NOIDA, India, April 27, 2026 – HCLTech, a global technology company, today announced its positioning as a Leader in the Everest Group Application Transformation Services for AI-enablement PEAK Matrix® Assessment 2025.The assessment highlights HCLTech's strong market impact, vision, and capability, driven by significant investments in AI-focused accelerators, deep cloud ecosystem partnerships, and expanding data engineering and AI-led transformation capabilities. The company enables enterprises to modernize applications and scale automation with AI through solutions such as AI Force and PRIZM. These solutions are...

Panorama Studios Inflight LLP Grants Exclusive World Airborne Rights for Film 'Tu Yaa Main' Panorama Studios International Ltd announced on April 27, 2026, that its subsidiary, Panorama Studios Inflight LLP, has entered into a significant rights agreement. The company has finalized an agreement with Colour Yellow Media Entertainment Private Limited.Under the new deal, the Airborne Rights for the cinematographic film titled 'Tu Yaa Main' have been granted exclusively for the entire world, including India.The film, 'Tu Yaa Main,' stars Adarsh Gaurav and Shanaya Kapoor, among others, and is directed by Mr. Bejoy Nambiar.The transaction establishes Colour Yellow Media Entertainment Private Limited as the exclusive rights holder for...

Trishakti Industries Approves FY26 Results and Recommends Rs. 0.20 Dividend Per Share Trishakti Industries Ltd. announced that its Board of Directors convened a meeting on April 27, 2026, resulting in the approval of the audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026.During the board meeting, the company also recommended a dividend of Rs. 0.20 (twenty paise) per Equity Share of Rs. 2/- each (10%) for the financial year ended March 31, 2026. The board noted that the dividend is subject to approval from the Shareholders at the ensuing Annual General Meeting (AGM).The company released detailed audited financial statements, providing insights into both standalone and consolidated...

Trishakti Industries Reports Breakout FY26 Results; Announces CAGR Target of ~80-85% Kolkata, April 27, 2026 - Trishakti Industries Limited, a prominent infrastructure equipment rental company, today announced its financial results for the quarter and financial year ended March 31, 2026. The company reported robust growth, attributing its performance to strong fleet expansion, high utilization rates, and sustained demand across India's infrastructure and renewable energy sectors.Trishakti Industries Limited noted an exceptional performance in both Q4 and FY26. The company recorded a revenue increase of 3.1 times year-over-year (YoY) and saw EBITDA rise 2.5 times YoY, signaling strong operating leverage and execution efficiency...

DCW Ltd. Board Meeting Scheduled for May 5, 2026; Financial Results and Dividend Review on Agenda DCW Ltd. has announced that its Board of Directors meeting is scheduled for Tuesday, May 05, 2026. The board meeting is slated to address several key corporate matters, most notably the consideration and approval of the financial results for the fiscal year ending March 31, 2026.During the meeting, the board will consider, approve, and take on record the Audited Financial Results of the company, along with the corresponding Audit Report for the fourth quarter and the full financial year ended March 31, 2026.Furthermore, a primary agenda item includes the consideration and recommendation of a Final Dividend, if any, on the company's...

Sandu Pharmaceuticals Ltd To Hold Board Meeting to Discuss FY26 Financial Results Sandu Pharmaceuticals Ltd announced that a Board Meeting of the Company’s Directors is scheduled for Tuesday, May 5, 2026. The meeting is set to take place at 03:00 p.m. at the Corporate Office of the Company, located at Sandu Pharmaceuticals Limited, Sandu Nagar, D K Sandu Marg, Chembur, Mumbai 400 071.The primary agenda items for the Board include considering the financial performance and making recommendations regarding the fiscal year 2026.During the meeting, the directors are expected to address the following matters:Approval of the Standalone Audited Financial Results of the Company for the Quarter and the entire year ended March 31, 2026...

Route Mobile Announces Board Meeting to Approve Financial Results and Dividend for FY2026 Route Mobile Ltd has announced that its Board of Directors meeting is scheduled for Thursday, May 7, 2026. The meeting is set to consider and approve key corporate actions, including the audited financial results and the recommendation of a final dividend for the financial year ended March 31, 2026.During the board session, the company plans to address two main items:Financial Results: Approval of the Audited Financial Results (both Standalone and Consolidated) for the quarter and the full year ended March 31, 2026. Dividend: Consideration and potential recommendation of a final dividend on the equity shares for the financial year ended March...

Yuken India Limited Announces Retirement of Chief Executive Officer Yuken India Limited, a manufacturer of oil hydraulic equipment in collaboration with Yuken Kogyo Co. Ltd., Japan, announced the retirement of its Chief Executive Officer, Mr. Venkatakrishnan A.Mr. Venkatakrishnan A will retire from the services of the Company effective from the close of business hours on April 27, 2026, following the completion of his tenure as per the terms of his appointment.The Board of Directors of the Company stated that it will take note of this retirement at its ensuing meeting.ParticularsDetailsReason for changeMr. Venkatakrishnan A, Chief Executive Officer of the Company, shall retire upon completion of his tenure in accordance with...

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...