Markets

JK Digital, Subsidiary of Jaykay Enterprises, Secures ISO 13485 and ISO 9001 Certifications Jaykay Enterprises Limited has announced that its wholly owned subsidiary, JK Digital & Advance Systems Private Limited, has received key quality certifications. The subsidiary was awarded both the ISO 13485:2016 and ISO 9001:2015 certifications by BSCIC Certifications Private Limited.The certifications validate the Quality Management System for the manufacture and sale of advanced medical implants. The specific scope covered by these certifications is the Manufacture and Sale of Additive Manufactured Sterile Revision Surgery Hip Implants, Augments, Spinal Implants and Patient Specific Implants.The receipt of these ISO certifications is noted...

JK Cement Limited Declared Preferred Bidder for Maliyakheri Limestone Mining Lease J. K. Cement Limited has been declared the 'Preferred Bidder' for the mining lease of Maliyakheri Limestone Block-I. The designation was secured through an e-auction conducted by the Government of Rajasthan.The mining lease involves Maliyakheri Limestone Block-I, a site situated in Chittorgarh, Rajasthan. The block covers an area of 6.90 hectares.The Company received this information on April 25, 2026, at approximately 3 PM (IST).J. K. Cement Limited operates manufacturing units across several locations, including Nimbahera, Mangrol, Gotan in Rajasthan; Muddapur in Karnataka; Jharli in Haryana; Katni, Panna, Ujjain in Madhya Pradesh; Prayagraj...

NCLT Sanctions Amalgamation of RTS Fashion Limited with Mirza International Limited The National Company Law Tribunal (NCLT), Allahabad Bench in Prayagraj, sanctioned the Scheme of Amalgamation involving Mirza International Limited and RTS Fashion Limited. The Tribunal passed its order on April 23, 2026, approving the merger of RTS Fashion Limited with Mirza International Limited.The Scheme of Amalgamation provides for the amalgamation of RTS Fashion Limited, acting as the Transferor Company, with Mirza International Limited, which serves as the Transferee Company. The appointed date for this scheme is set as April 1, 2025.The approved scheme is binding on all shareholders and creditors of the companies. Under the sanctioned order...

Maharaja Shree Umaid Mills Becomes Holding Company of The Peria Karamalai Tea & Produce Co Ltd Following Amalgamation The Peria Karamalai Tea & Produce Company Limited announced a change in its promoter group shareholding structure following a Scheme of Amalgamation. The merger, which was approved by the National Company Law Tribunal, Kolkata Bench, significantly altered the ownership dynamics of the company.The amalgamation involves Placid Limited, a promoter group company, and Maharaja Shree Umaid Mills Limited (MSUM), another promoter group company. The scheme, approved by the NCLT via an order dated March 16, 2026, saw Placid Limited merge with MSUM, with the effective date set for April 25, 2026.Prior to the scheme's...

The Peria Karamalai Tea & Produce Announces Shareholding Update Following Amalgamation of Placid Limited with Maharaja Shree Umaid Mills The Peria Karamalai Tea & Produce Company Limited has updated its shareholding status following the scheme of amalgamation approved by the National Company Law Tribunal (NCLT). The transaction involved the merger of Placid Limited with Maharaja Shree Umaid Mills Limited (MSUM), significantly adjusting the company’s stake in the merged entity.The amalgamation of Placid Limited (Transferor Company) with Maharaja Shree Umaid Mills Limited (Transferee Company/MSUM) became effective on April 25, 2026, following the NCLT order dated March 16, 2026.Prior to the amalgamation, The Peria Karamalai Tea &...

Butterfly Gandhimathi Appliances Faces Consumer Complaint from Odisha Commission Butterfly Gandhimathi Appliances Limited recently faced a consumer complaint concerning a product defect, receiving an order from the District Consumer Disputes Redressal Commission, Jeyepore, Odisha. The complaint alleged that the Electric Chimney product manufactured by the company was defective.The company received the directive from the authority on April 25, 2026, at 12:15 PM. The core allegation centers on the defect in the Electric Chimney.The Commission directed the company to undertake several financial liabilities. These liabilities include:Requirement DetailsAmount/ConditionRefund of product costRs. 22,000/- plus 6% interest p.a. from...

UCO Bank Reports Financial Results for Quarter and Year Ended March 31, 2026 UCO Bank released its audited financial results for the quarter and year ended March 31, 2026, showing significant growth across its business operations, profitability, and asset quality metrics.Business and Deposit Growth As of March 31, 2026, the Bank's Total Business stood at Rs.5,90,314 Crore, marking a 14.95% growth year-over-year (Y-o-Y). Gross Advances saw robust growth of 19.44% Y-o-Y, reaching Rs.2,62,752 Crore. Total Deposits increased by 11.59% Y-o-Y, amounting to Rs.3,27,563 Crore.The Bank also reported strong growth in its Customer Accounts Service and Advisory (CASA) portfolio. Total CASA stood at Rs. 1,17,752 Crore, reflecting a 12.46% Y-o-Y...

CEAT Limited Wins Adjudication Against Tax Demand in Mumbai CEAT Limited successfully had proceedings initiated against it quashed by the competent authority, resolving a long-pending tax dispute concerning the assembly of tyre sets. The company confirmed that the adjudication, received via communication on April 24, 2026, resulted in no tax demand, interest, or penal consequences for CEAT.The order was issued by the Commissioner CGST & Central Excise, Mumbai Central, Maharashtra, addressing allegations raised during the period of April 2016 to May 2019. The core issue stemmed from four previous Show Cause cum Demand Notices (SCNs) received from the DGCEI, Mumbai.The notices had alleged that the activity of assembling tyre sets...

BHEL Appoints Ms. Aruna Gulati as General Manager & Head of Solar Business Division in Bengaluru Bharat Heavy Electricals Limited (BHEL) announced the appointment of Ms. Aruna Gulati to the senior management of the company, effective April 25, 2026. Ms. Gulati has been named the General Manager & Head (SBD), Bengaluru, taking charge as the new Head of the Solar Business Division (SBD), Bengaluru.Ms. Gulati will report to the Director (IS & P). She brings a substantial background in the electrical sector, having joined BHEL on October 21, 1991, marking 35 years of service with the company.Key details regarding the appointment are as follows:NameNew DesignationDivisionEducationYears of ServiceMs. Aruna GulatiGeneral Manager &...

Utkarsh Small Finance Bank Receives 'Strong' ESG Rating from ESG Risk Assessments & Insights Limited Utkarsh Small Finance Bank Limited has been assigned an Environmental, Social, and Governance (ESG) rating by ESG Risk Assessments & Insights Limited. The rating, which assesses the bank's performance based on publicly available information, was assigned as '62 - Strong'.The rating was officially assigned on April 24, 2026.The rating underscores the bank’s performance across key ESG pillars and places the institution in the 'Strong' category according to the assessment firm.The key details regarding the rating assignment are summarized below:MetricDetailCompanyUtkarsh Small Finance Bank LimitedRating AgencyESG Risk...

Quality Power Electrical Equipments Secures Significant International Order for Reactors Quality Power Electrical Equipments Limited has received a significant order for the supply of High Voltage Reactors. The contract pertains to a large Data Centre project located in the United States of America.The order was secured from an international entity, marking a substantial single large order for the company. The details confirm that the promoter or promoter group of Quality Power Electrical Equipments Limited has no interest in the awarding entity.The contract has a defined execution window, set for approximately 12 months. The total consideration for this significant supply of reactors is valued at approximately INR 48.3 Crore...

Techindia Nirman Limited Announces Revised Standalone Financial Results for FY26 Techindia Nirman Limited, formerly Nath Seeds Ltd., has reported its revised standalone audited results for the quarter and year ended March 31, 2026. The company's financial statements for the year reflect both audited and unaudited figures, detailing performance across the fiscal year.The standalone financial statements for the year ended March 31, 2026, show several key figures compared to the preceding year ended March 31, 2025.Financial Performance Summary The following table summarizes the comparative financial data:ParticularsYear Ended March 31, 2026 (Audited)Year Ended March 31, 2025 (Audited)Revenue from Operations0.000.00Total...

IDFC FIRST Bank Reports Q4 FY26 Results: Normalized PAT Jumps 145% Year-Over-Year The Board of Directors of IDFC FIRST Bank approved the audited financial results for the quarter and the year ended March 31, 2026. The bank reported a Profit After Tax (PAT) of Rs. 319 crore for Q4 FY26, noting a normalized PAT of Rs. 746 crore, representing a 145.3% Year-on-Year (YoY) increase, excluding the impact of isolated incidents.Financial Performance Snapshot The bank’s financial metrics for the period ending March 31, 2026, showed steady growth across key operational areas.Metric (Rs. Crore)31 Mar 2531 Dec 2531 Mar 26QoQ ChangeYoY ChangeTotal Customer Business4,84,4695,62,0915,74,7312.2%18.6%Loans and...

Essen Speciality Films Ltd. Approves Financial Results and Re-appoints Cost and Internal Auditors Essen Speciality Films Limited announced the outcome of its Board of Directors meeting held on April 25, 2026. During the meeting, the company considered and approved its audited standalone financial results for the quarter, half year, and year ended March 31, 2026, along with the audit report from its Statutory Auditors.The Board also approved the re-appointment of M/s. Sagar M. Kapadiya & Co., Cost Accountants, as the Cost Auditors for the financial year ending March 31, 2027, and re-appointed M/s. Savjani & Associates, Chartered Accountants, as the Internal Auditors for the same period.Financial Performance Highlights The audited...

Health X Platform Limited to Change Name From Sastasundar Ventures Limited Sastasundar Ventures Limited has received necessary approvals from major stock exchanges, including the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), to change its corporate name. The company will now operate under the name Health X Platform Limited.The name change, which officially transitions the entity from Sastasundar Ventures Limited, is effective from April 30, 2026.The approvals confirm the change of the company’s name and the corresponding update of its symbol across the stock exchanges’ master records.The key details of the name and symbol transition are provided in the table below:MetricExisting DetailsNew Details...

De Neers Tools Receives In-Principle Approval for Issuance and Listing of Equity Shares De Neers Tools Limited, listed under the National Stock Exchange of India Limited (NSE) with the symbol DENEERS, has received in-principle approval for the proposed issue and listing of additional equity shares. The approval was granted by the National Stock Exchange of India Limited (NSE) via a letter dated April 24, 2026.The approval pertains to the listing of a total of 19,20,000 equity shares, detailed as follows:Type of ShareQuantityFace Value (per share)SourceEquity Shares2,40,000₹10Direct IssueEquity Shares16,80,000₹10Conversion of warrants issued on a preferential basisThe issuance of these shares is subject to compliance with...

Touchwood Entertainment Appoints Manjit Singh as Chief Financial Officer and Key Managerial Personnel Touchwood Entertainment Limited announced that its Board of Directors approved the appointment of Mr. Manjit Singh as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The appointment is effective from April 25, 2026.The Board of Directors approved the move following a meeting held on April 25, 2026. The meeting commenced at 15:00 PM IST and concluded at 15:30 PM IST.The appointment of Mr. Manjit Singh, who is also currently serving as the Managing Director of the Company, reflects the Board's confidence in his strategic vision, organizational depth, and enduring commitment to the Company's growth and financial...

The Hi-Tech Gears Limited Announces Resignation of CFO and Key Managerial Personnel The Hi-Tech Gears Limited confirmed the resignation of Mr. Vinod Raheja from the roles of Chief Financial Officer and Key Managerial Personnel. The company announced the change following Mr. Raheja tendering his resignation on April 24, 2026.The company confirmed that Mr. Vinod Raheja submitted his resignation citing personal reasons. The management accepted the resignation, and he was officially relieved from his duties as CFO and KMP effective April 25, 2026.The Hi-Tech Gears Limited, which trades under the symbol HITECHGEAR with Scrip Code 522073, provided detailed information regarding the executive change.A summary of the key details of the...

HMA Agro Industries Appoints Key Senior Management Personnel Amid Organizational Restructuring HMA Agro Industries Limited has announced strategic changes in its leadership structure following approval by its Board of Directors. The Board, which met on April 25, 2026, approved the promotion and designation of several existing associates as Senior Management Personnel (SMP), effective May 01, 2026.The appointments reflect the company's focus on enhancing operational capabilities across key functional areas, including commerce, procurement, international business, and human resources.The company designated the following individuals as Senior Management Personnel:Personnel NameNew DesignationMohammad Mehmood QureshiHead -...

Jayaswal Neco Plans Rs 40.97 Crore Investment to Establish Captive Solar Power Units Jayaswal Neco Industries Limited has announced plans to invest in a Special Purpose Vehicle (SPV) of the Waaree Group to establish solar power generation facilities for its operational needs. The investment is designed to help the company procure captive solar energy for its Steel Plant Division and Chhotedongar Iron Ore Mines.Following a comprehensive technical, commercial, and financial evaluation, Jayaswal Neco Industries Limited executed a Non-binding Term Sheet with a Waaree Group entity. The proposed investment involves approximately Rs 40.97 Crores, to be deployed in one or more tranches.The goal of this investment is to enable the company to...