Markets

CENTUPLE GLOBAL CONFIRMS EQUITY SHARE PRICE MOVEMENT IS MARKET-DRIVEN CENTUPLE GLOBAL LIMITED, previously known as Checkpoint Trends Limited, stated on April 24, 2026, that the recent fluctuations in the price of its equity shares are attributable solely to market conditions and investor perception.In addressing inquiries regarding the significant movement in its stock price, the company clarified that, as of the date, there is no pending announcement or information, in the opinion of the company, that has the potential to bear on the price behavior of the scrip and which has not been disclosed to the Stock Exchange.The company emphasized that the movement observed in the equity shares of CENTUPLE GLOBAL LIMITED is purely market...

Jaiprakash Power Ventures Ltd: Long Term Bank Facilities Receive Reaffirmed Rating from CRISIL Jaiprakash Power Ventures Ltd announced on April 24, 2026, that CRISIL Ratings Limited reaffirmed its credit ratings for the company’s Long Term Bank Facilities.The reaffirmation provides updated details regarding the credit profile of the company's long-term borrowing facilities.In a statement detailing the rating action, CRISIL Ratings Limited affirmed the rating for the Long Term Bank Facilities. The financial details of the rating remain as follows:FacilitiesAmount (Rs. crore)Previous RatingRevised RatingRating ActionLong term Bank Facilities5600CRISIL BBB/WATCH NEGATIVECRISIL BBB/WATCH NEGATIVEReaffirmedThe rating action...

TIME and Reliance Announce Inaugural TIME100 Next India Gala TIME magazine, in partnership with Reliance Industries Limited, announced the launch of TIME100 Next India. The new edition of the TIME100 Next franchise aims to recognize 100 emerging Indian leaders who are shaping the future across various sectors.The announcement was made during the annual TIME100 Gala in New York City on April 23, 2026, by TIME Chief Executive Officer Jessica Sibley and Reliance Foundation Founder and Chairperson Nita Mukesh Ambani.The TIME100 Next India list will be curated by TIME editors to identify 100 emerging leaders from India and the diaspora. These leaders are noted for their vision and contributions across sectors including arts, science...

Netweb Technologies India Ltd. Announces Board Meeting to Consider FY26 Results and Dividend Netweb Technologies India Ltd. announced that its Board of Directors will convene a meeting on Saturday, May 2, 2026. The primary purpose of the meeting is to consider the audited financial results for the quarter and the full year ending March 31, 2026, and to recommend a final dividend, if applicable.The company released the intimation on April 24, 2026, outlining the key agenda points for the investors and stakeholders.During the board session, the company plans to address the following material points:Review of the audited financial results for the quarter and year concluded on March 31, 2026. Recommendation regarding the final...

Bhageria Industries Ltd. Board Meeting Scheduled for May 2, 2026 Bhageria Industries Ltd. has announced that its Board of Directors will convene a meeting on Saturday, May 2, 2026. The meeting is scheduled to address several key corporate actions related to the financial performance of the company.The primary agenda items slated for discussion include the consideration and approval of the company's audited financial results. Specifically, the Board will review the Standalone and Consolidated Audited Financial Results for the quarter and the full year that ended on March 31, 2026.Additionally, the Board meeting is set to consider and recommend a final dividend, if any. This recommendation pertains to the equity shares of the company...

JTL Defence Limited to List Equity Shares Following Resolution Plan Approval JTL Defence Limited, a subsidiary of JTL Industries Ltd., has received trading approval for its equity shares. The company's securities, which were formerly known as RCI Industries & Technologies Limited, will be listed and admitted to dealings on the Exchange under the XT Group.The listing of the equity shares is set to commence on Monday, April 27, 2026. The approval was received from the BSE Limited for 1,05,26,315 equity shares, each having a face value of Rs. 10.The notice indicates that the shares will be available for trading in the XT group and will continue to operate in the Trade-to-Trade segment.Capital Restructuring Details The company's...

Aayush Wellness Launches Liver Detox Tablets to Capture Growing Demand in Preventive Health Aayush Wellness Limited has launched 'Liver Detox Tablets,' an advanced herbal formulation designed to support liver health and address the increasing prevalence of lifestyle-related liver disorders. The launch is positioned as a strategic expansion of the company's preventive healthcare portfolio, aligning with the growing consumer focus on daily condition-support products.The new tablets are formulated to naturally detoxify, protect, and regenerate liver cells, addressing challenges commonly triggered by modern lifestyle habits, environmental toxins, and poor dietary choices.Market Need Driving Liver Health Focus Liver health has emerged as...

Taj Gvk Hotels & Resorts Reports Partial Release of Promoter Share Pledge Taj Gvk Hotels & Resorts Ltd announced the partial release of pledged equity shares held by key promoter group entities. The release of these shares occurred following the partial repayment of the underlying loan facility.The release of the pledge was executed on April 22, 2026. The promoter group entities involved in the release include Moonshot Trust and Starlight Trust.The details of the released shares are summarized below:Promoter EntityShares ReleasedPercentage of Total Share CapitalNature of ReleaseMoonshot Trust28,01,560EJPartial upon repayment of loanStarlight Trust28,01,56014.40%Partial upon repayment of loanFollowing the partial...

Robust Marketing Services Private Limited Sells 5.86% Stake in Deepak Fertilisers & Petrochemicals Robust Marketing Services Private Limited has sold a substantial stake in Deepak Fertilisers & Petrochemicals Corporation Limited. The sale involved the transfer of 74,00,000 equity shares of the company, representing 5.86% of the total diluted capital.The transaction occurred via an inter se transfer among promoters.Deepak Fertilisers & Petrochemicals Corporation Ltd., with the BSE Code 500645 and NSE Code DEEPAKFERT, was the target company involved in the share disposal. Robust Marketing Services Private Limited, identified as the seller, belongs to the promoter group of the corporation.The details of the shareholding structure...

Gayatri Projects Ltd Sees Stake Increase Following Preferential Allotment Gayatri Projects Limited reported a substantial increase in its stake following a preferential allotment of shares by the group of acquirers. The acquisition details concern the holding of shares by Vivek Mundra, Aniruddh Mundra, Alpana Mundra, and Merlin Holdings Pvt. Ltd.The target company, Gayatri Projects Limited, is listed on the National Stock Exchange of India Ltd. The transaction was executed via a Preferential Allotment, with the date of acquisition/allotment recorded as 22-04-2026.The group, comprising Vivek Mundra (Acquirer-1), Aniruddh Mundra (Acquirer-2), Alpana Mundra (PAC-1), and Merlin Holdings Pvt. Ltd. (PAC-2), has confirmed that none of the...

Sundram Fasteners Ltd Board to Meet on April 30, 2026, to Approve FY26 Results and Declare Interim Dividend Sundram Fasteners Ltd has scheduled a meeting of its Board of Directors for Thursday, April 30, 2026. The meeting is set to consider two primary matters related to the company’s performance for the fiscal year ended March 31, 2026.During the board meeting, the company plans to review and approve the Audited Standalone and Consolidated financial results for the financial year ended March 31, 2026. Furthermore, the board will address the declaration of the Second Interim Dividend for the same financial year.The company previously informed stakeholders about the closure of the trading window for its securities for Designated...

L&T Launches New Vertical into B2B Industrial Electronics Segment Larsen & Toubro Ltd (L&T) has entered the B2B industrial electronics space with the commencement of manufacturing operations at its Coimbatore campus in Tamil Nadu. This move marks the launch of a new business vertical named L&T Electronic Products & Systems (LTEPS).The new venture will operate with its headquarters located in Bengaluru, while manufacturing services will be executed from Coimbatore. Initially, the company has commissioned two manufacturing lines, enabling it to offer electronics manufacturing services to both Indian and global clients.L&T Chairman & Managing Director S N Subrahmanyan stated that the entry into industrial electronics is a vital step...

Dr. Reddys Laboratories Clarifies Semaglutide Injection Status with Health Canada Dr Reddys Laboratories Ltd provided an update on April 24, 2026, confirming its progress regarding the Semaglutide Injection. The clarification addressed a news item published on April 23, 2026, concerning the status of the product for regulatory approval.The company confirmed that the report suggesting that Dr. Reddy's Laboratories is still awaiting approval for the Semaglutide Injection from Health Canada is accurate.In terms of regulatory milestones, Dr Reddys Laboratories reported that it received the Drug Identification Numbers (DINs) for the Semaglutide Injection from Health Canada on April 22, 2026.The company stated that it continues to...

Dr. Reddy's Laboratories Clarifies Semaglutide Injection Status with Health Canada Dr. Reddy's Laboratories Ltd. issued a clarification on April 24, 2026, regarding a news item published on CNBC TV18 on April 23, 2026. The news item, titled "Dr. Reddy's Laboratories still awaiting approval for a major near-term trigger, sources say," focused on the regulatory status of the company's Semaglutide Injection.The company confirmed that the headline reported by CNBC TV18 is accurate, stating that Dr. Reddy's Laboratories has not yet received the 'Notice of Compliance' for its Semaglutide Injection from Health Canada.Despite the pending approval, Dr. Reddy's Laboratories reported a key development in the regulatory process. The company...

Atul Auto Partners with Exponent Energy to Manufacture 15,000 Electric Three-Wheelers Atul Auto Limited has established a Memorandum of Understanding (MOU) with Exponent Energy Private Limited, a Bengaluru-based energy company specializing in 15-minute rapid charging technology for commercial electric vehicles. The partnership aims to facilitate the manufacturing and supply of 15,000 electric three-wheelers, which will be fully integrated with Exponent's advanced battery system and powertrain.Under the agreement, Atul Auto Limited will function as the Original Equipment Manufacturer (OEM). The scope of the collaboration includes the manufacturing, supply, sale, servicing, and customer support for the electric three-wheelers. The...

Mahindra & Mahindra Appoints Shuchi Suri as Executive Vice President - Mahindra Experiences Mahindra & Mahindra Limited has appointed Ms. Shuchi Suri as the Executive Vice President - Mahindra Experiences, effective May 14, 2026. The appointment adds Ms. Suri to the company's Senior Management Personnel.In her role as Head of Mahindra Experiences, Ms. Suri will drive a strategic focus on world-class experiences aimed at unlocking value and generating business impact for the Mahindra Group. Her responsibilities will include taking ownership of the Mahindra Adventure team within the Auto business and leading the Experiences team at Mahindra Holidays. She will work closely with the leaders of the Auto and Holidays businesses and will...

Atul Auto and Exponent Energy Partner to Launch 15-Minute Rapid Charging Passenger 3-Wheelers; Commit 15,000 Vehicles Bengaluru, April 24, 2026: Atul Auto, a prominent three-wheeler manufacturer in India, and Exponent Energy, a Bengaluru-based energy company specializing in commercial vehicle charging, have announced a strategic partnership. The collaboration aims to jointly develop and deploy rapid charging electric 3-wheelers, backed by a commitment to a minimum of 15,000 Exponent-powered three-wheeler passenger vehicles over the next three years. This represents one of the largest-scale initiatives for rapid charging electric vehicles in the segment, leveraging Atul Auto’s extensive manufacturing history and Exponent Energy’s...

SEBI Issues Observation Letter for EAAA India Alternatives Proposed IPO Edelweiss Financial Services Limited has received an observation letter from the Securities and Exchange Board of India (SEBI) concerning the proposed Initial Public Offering (IPO) of equity shares by EAAA India Alternatives Limited.The observation letter, issued on April 23, 2026, pertains to the IPO, which includes an Offer for Sale (OFS). This transaction is proposed to be executed by Edelweiss Securities & Investments Private Limited (ESIPL), a wholly owned subsidiary of Edelweiss Financial Services Limited.According to the details provided, the total offering for sale is for an amount not exceeding Rs. 15,000 million.The receipt of this observation from...

HCC Wins Major Infrastructure Contract with CIDCO for Water Supply Project Hindustan Construction Company Limited (HCC) has secured a major infrastructure contract worth approximately ~2.917.6 crore from the City and Industrial Development Corporation of Maharashtra Limited (CIDCO). The contract involves developing critical water infrastructure in Raigad, specifically the construction of a raw water tunnel and a 250 MLD water treatment plant.The large-scale project has been awarded to a joint venture between LCESPL and HCC. Under this partnership, HCC is specifically responsible for executing works valued at approximately ~1.100 crore.The scope of the project is designed to enhance the region's long-term water supply capabilities...

ZEN Technologies Ltd to Hold Board Meeting to Approve Financial Results, Consider Dividend ZEN Technologies Ltd announced that its Board of Directors will convene a meeting on Friday, May 01, 2026. The meeting is scheduled to address the approval of the company's financial results and the recommendation of a potential final dividend.During the Board Meeting, the company plans to consider and approve the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. Additionally, the board will review and recommend a final dividend, should any be due, on the equity shares for the Financial Year 2025-26.In conjunction with the results declaration, the company also provided an update regarding its...