Markets

Senior Representatives from LX International Visit Kings Infra Ventures to Boost Seafood Sector Collaboration Kochi, April 26, 2025 — Kings Infra Ventures Limited successfully hosted senior representatives from LX International Corp. at its corporate office in Kochi. The visit marks a significant development aimed at strengthening the collaboration between the two entities within the global seafood sector.A three-member team from LX International engaged in detailed discussions with the leadership team of Kings Infra Ventures. The primary focus of the discussions was exploring a potential long-term association designed to deepen strategic cooperation and expand trade volumes across the industry.LX International Corp. is a global...

Wonderla Holidays Ltd. to Host Q4 and FY26 Earnings Call on May 8 Wonderla Holidays Ltd. announced plans to hold a group Investors/Analysts conference call regarding its financial performance for the quarter and year ended March 31, 2026.The Q4 & FY26 Earnings Call for Wonderla Holidays Ltd. is scheduled for May 08, 2026, at 2:00 pm IST. The invitation for the event was issued by Ambit Capital.The management team representing Wonderla Holidays Ltd. for the conference call will include Mr. Arun K. Chittilappilly, Managing Director, Mr. Saji K Louiz, Chief Financial Officer, and Mr. Dheeran Choudhary, Chief Operating Officer. The teleconference will be moderated by Shamit Ashar from Institutional Equities, Ambit Capital.Conference...

Craftsman Automation to Hold Board Meeting to Approve FY2026 Financial Results Craftsman Automation Ltd has scheduled a meeting of its Board of Directors to approve its financial results for the fiscal year 2026. The meeting is set for Thursday, May 7, 2026.The primary focus of the Board Meeting will be to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter and the year ended March 31, 2026. Additionally, the board is scheduled to consider and recommend a final dividend, if any, for the financial year ended March 31, 2026.In addition to the board meeting notice, the company also announced details regarding the trading window for its shares. The trading window for dealing in...

Anlon Healthcare Announces Allotment of Bonus Equity Shares Anlon Healthcare Limited announced the allotment of bonus equity shares following a Board meeting held on April 27, 2026. The allotment was made to eligible members in the proportion of 1:1.The bonus share allotment was based on the record date fixed for the purpose, which was April 24, 2026.The Board of Directors confirmed the allotment of 26,57,57,500 equity shares. Each bonus share has a face value of Rs. 2/- (Rupee Two only).Consequent to this bonus allotment, the company's paid-up equity share capital has seen a notable increase. The total paid-up equity share capital of Anlon Healthcare Limited now stands at Rs. 1,06,30,30,000.The total equity share capital...

L&T Realty Bolsters Development Pipeline with 20 Acres Acquisition in Gurugram L&T Realty Properties Ltd (LTRPL), a wholly owned subsidiary of Larsen & Toubro (L&T), has significantly expanded its development portfolio through the acquisition of a stake in International Green Scapes Ltd (IGSL). LTRPL, which operates in the urban-premium and luxury real estate segments across four cities, acquired a 100 per cent stake in IGSL, Delhi.This strategic acquisition enables LTRPL to leverage 20 acres of land owned by IGSL in Gurugram. This development marks LTRPL's first land acquisition within the National Capital Region (NCR) micro-market and offers a development potential of approximately 3.6 million square feet.The company has also...

Garment Mantra Lifestyle Receives Major Export Order of INR 82.81 Million for Middle East Market Garment Mantra Lifestyle Ltd has announced the receipt of a substantial export order from a Middle Eastern entity. The order, valued at approximately INR 82.81 million (US$ 8,78,650), has been secured from AL Rahmat Textiles L.L.C. Imports & Exports.The order is classified as an export consignment for Dyed and Printed Fabrics and Madeups Dress Material, with a planned execution timeline of October 25, 2026.The key details of the contract are as follows:DetailInformationBuyer EntityAL Rahmat Textiles L.L.C. Imports & ExportsNature of OrderExport Order for Dyed and Printed Fabrics and Madeups Dress MaterialOrigin...

VRDE (DRDO) and Bharat Forge Flag Off Vikram VT 21: Co-created Advanced Armoured Platforms Ready for Service The development of advanced military platforms was highlighted with the flagoff of the Vikram VT 21 project. This initiative involves the co-creation of two major platforms: the Advanced Armoured Platform-Wheeled (AAP-Wh) and the Advanced Armoured Platform-Tracked (AAP-Tr). The project is a collaboration between VRDE (DRDO), Bharat Forge Limited (BFL), Tata Advanced Systems Limited (TASL), and support from several MSMEs.The ceremony saw the attendance of key figures, including Dr. Samir V. Kamat, Chairman (DRDO); Mr. G. R. M. Rao, Director (VRDE); Mr. Prateek Kishore, DG (ACE); and Dr. (Ms) Chandrika Kaushik, DS & DG (PC&SI)...

Veranda Learning Solutions Shareholders Approve Demerger of Commerce Vertical Veranda Learning Solutions, a publicly listed education company, has announced that its equity shareholders approved a Composite Scheme of Arrangement. This significant restructuring involves the demerger of the company's commerce vertical into a new entity named J.K.Shah Commerce Education Limited.The approval for the scheme was achieved at a shareholder meeting, reflecting strong support for the proposed business restructuring. The move is designed to simplify the group structure and sharpen strategic focus across the group's various verticals. By creating an independent commerce entity, the company aims to unlock long-term value for its shareholders and...

Transformers And Rectifiers (India) Limited Secures Export Order Worth USD 16,258,352 Transformers And Rectifiers (India) Limited has secured a substantial export order, demonstrating its continued standing as a manufacturer of transformers. The company announced the receipt of an export order valued at USD 16,258,352/-, equivalent to approximately Rs. 150 Crore.The order was awarded by PDC AK LPIV, LLC, solidifying the company's presence in the international market. The contract involves the manufacturing and supply of five transformers.Key details regarding the order awarded by the international entity are presented below:ParticularsDetailsName of the awarding entityPDC AK LPIV, LLCOrder Value (Broad consideration)USD...

Cohance Lifesciences Announces Changes in Leadership and Approves Employee Stock Option Plan Cohance Lifesciences Limited announced key changes in its corporate governance structure and operational plans following a meeting of its Board of Directors held on April 27, 2026. The Board reviewed and approved the resignation of the Executive Chairman, the appointment of a new director and chief executive officer, and the adoption of a new employee stock option plan.The Board noted the resignation of Mr. Vivek Sharma, who served as Executive Chairman and director. Mr. Sharma will cease to hold his roles with effect from the close of business hours on April 30, 2026. Following his resignation, Mr. Sharma will continue to provide services to...

Tata Elxsi Announces Change in Key Managerial Personnel, Appointing Nalin Rana as New Chief Financial Officer Tata Elxsi Limited announced a change in its Key Managerial Personnel, following the resignation of its Chief Financial Officer (CFO), Gaurav Bajaj. The Board of Directors placed on record its appreciation for Mr. Bajaj’s valuable contribution during his tenure.The Company confirmed that Mr. Gaurav Bajaj resigned from the position of CFO, effective from the close of business hours on May 29, 2026. His resignation stems from his decision to pursue career opportunities outside the organization.Following the recommendation of the Nomination and Remuneration Committee (NRC), the Board of Directors approved the appointment of Mr...

Umang Vohra Appointed Executive Chairman and Group CEO of Cohance Lifesciences Limited Hyderabad, April 27, 2026 Cohance Lifesciences Limited, a technology-driven, integrated CDMO platform, announced the appointment of Umang Vohra as Executive Chairman and Group CEO. Mr. Vohra is scheduled to assume the role of Executive Chairman effective May 1, 2026, and Group CEO effective May 20, 2026.The appointment marks a strategic move by the Board, aiming to bring in a leader whose profile is deemed suitable for the company's next phase of transformation and continued growth. Mr. Vohra succeeds Mr. Vivek Sharma, who has stepped down as Executive Chairman for personal reasons. Mr. Sharma will continue to support Cohance as an Advisor for the...

Sigma Advanced Systems Secures £300 Million Long-Term Aerospace Agreement with Rolls-Royce Sigma Advanced Systems has signed a significant seven-year long-term agreement with Rolls-Royce, reinforcing its position in the global aerospace supply chain. The partnership deepens the company's strategic relationship with one of the world's largest Original Equipment Manufacturers (OEMs) and positions Sigma Advanced Systems at the core of major global engineering programs.The contract, valued at nearly £300 million, provides the company with a substantial, long-term revenue stream and enhanced visibility over its future growth trajectory. The agreement solidifies the firm's standing as a key player in the highly complex aerospace sector...

Care Health Insurance Appoints Ajay Kumar Shah as Managing Director & CEO Religare Enterprises Limited's subsidiary, Care Health Insurance Limited (CHIL), has announced the appointment of Mr. Ajay Kumar Shah as its Managing Director & CEO. The appointment was approved by the Board of Directors of CHIL during a meeting held on November 11, 2025.The appointment grants Mr. Shah the role of Managing Director & CEO of CHIL for a term of five years, effective from April 26, 2026. The company noted that the appointment is subject to the subsequent approval of the Company's Shareholders.Furthermore, the Insurance Regulatory and Development Authority of India (IRDAI) has also approved Mr. Ajay Kumar Shah’s appointment to the position of...

Premier Energies Launches India's First All-Black G12R DCR Solar Module at RenewX Chennai Premier Energies Limited, a major integrated solar manufacturer in India, announced the launch of India's first All-Black G12R DCR Solar Module, named the NeoBlack Series. The debut occurred at RenewX Chennai on April 27, 2026, marking a significant innovation aimed at redefining rooftop solar solutions for both residential and premium commercial sectors.The new module addresses a key hurdle in the adoption of rooftop solar: visual integration with modern architecture. The NeoBlack Series combines next-generation TOPCon cell technology with a seamless, uniform black aesthetic, delivering both high performance and superior design appeal while...

Jagsonpal Pharmaceuticals Secures Shareholders' Approval for Equity Buyback Jagsonpal Pharmaceuticals Ltd. has announced that its shareholders have approved the proposal to buy back equity shares, marking a significant move aimed at enhancing shareholder value and optimizing the company's capital structure.The Board had originally proposed the buyback on March 12, 2026. The approved proposal allows for the buyback of up to 16 lakh equity shares. The transaction is valued at an aggregate of up to Rs. 40 Crores, with the buyback price set at Rs. 250/- per equity share.The shareholder endorsement for the buyback reflects continued investor confidence in Jagsonpal's long-term growth prospects, financial discipline, and strategic...

Sun Pharmaceutical Industries to Acquire Organon in US$ 11.75 Billion All-Cash Deal Sun Pharmaceutical Industries Limited announced an agreement to acquire Organon & Co., a global healthcare company, in an all-cash transaction valued at US$ 11.75 billion. The deal, announced on April 27, 2026, means Organon stockholders will receive US$ 14.00 per share.The acquisition, which combines Sun Pharma's global pharmaceutical capabilities with Organon's specialized portfolio, aims to create a more diversified and stronger player in the global pharmaceutical market.Organon, which was established through a spinoff from Merck in 2021, is a global leader in women's health. Its portfolio includes over 70 products across Women's Health and...

Brigade Enterprises Forms Joint Venture with GSS India Opportunities AIF Scheme I for Whitefield Development Brigade Enterprises Limited has entered into a Joint Venture (JV) to develop a prime property in Whitefield, Bangalore, by executing a Securityholders Agreement (SHA) and a Securities Subscription Agreement (SSA) with GSS India Opportunities AIF Scheme I. The agreement was signed on April 26, 2026.The collaboration centers on Vibrancy Real Estates Private Limited (VREPL), a wholly-owned subsidiary of Brigade Enterprises Limited. VREPL holds an 11.04-acre land parcel in Whitefield, Bangalore, earmarked for an integrated mixed-use development plan comprising Grade A office space and a 5-star hotel.Under the terms of the SSA...

Tenure Ends for Care Health Insurance Limited MD & CEO at Religare Subsidiary Religare Enterprises Limited announced the conclusion of the tenure of Mr. Anuj Gulati, the Managing Director & CEO of Care Health Insurance Limited (CHIL), a material subsidiary of the company. The tenure ended with effect from the close of business hours on April 25, 2026.The Board of Directors and Management of Religare Enterprises Limited expressed appreciation for Mr. Gulati's contribution during his time as CEO of CHIL. The company noted that his entrepreneurial vision and leadership acumen were instrumental in building CHIL into a credible institution, identifying it as the second largest company in the standalone health insurance segment.The...

Avantel Limited Board Approves Appointments of Independent Directors and Auditing Firms Avantel Limited announced several key appointments and the reconstitution of its Board committees following its Board of Directors meeting held on April 26, 2026. The company also approved the appointment of its Statutory, Cost, and Internal Auditors for various terms.New Director Appointments The Board approved the appointment of two individuals as Additional Directors (Non-Executive - Independent) for a five-year term, effective from April 26, 2026, to April 25, 2031.The appointed directors and their associated details are as follows:Director NameDINRoleTerm of AppointmentDr. Tamilmani Kandasamy07617444Additional Director (Non-Executive...