Markets

Hari Govind International Ltd Board Meeting Scheduled for April 29, 2026, to Address Name Change Hari Govind International Ltd, formerly known as Popees Baby Care India Limited, announced that its Board of Directors meeting is scheduled for Wednesday, April 29, 2026. The meeting is set to consider important corporate matters, including the company's recent change of name.During the meeting, the board will consider and take note of the new Certificate of Incorporation issued by the Registrar of Companies following the change of the company's name. Additionally, the board will consider any other business with the permission of the Chair.In conjunction with the board meeting, the company provided details regarding the trading window...

Gujarat Themis Biosyn Limited Signs Agreement to Acquire Sanofi's Anti-Infective Brand Portfolio Gujarat Themis Biosyn Limited announced an Asset Purchase Agreement with Sanofi, the French holding company of the Sanofi group headquartered in Paris. The agreement enables Gujarat Themis Biosyn Limited to acquire a significant portfolio of anti-tuberculosis (TB) and anti-infective branded generic products, along with associated trademark rights.The acquisition targets 13 established branded generic products that possess a strong presence across more than 55 countries in Europe, the Middle East, and Africa. This portfolio generated net sales of approximately EURO 62 million for the year ended 2025.The transaction represents a strategic...

E To E Transportation Infrastructure Declared Lowest Bidder for Eastern Railway Signaling Works E To E Transportation Infrastructure Limited has been declared the lowest bidder (L1) by the Eastern Railway's Sealdah Division for a major signaling and telecommunication project. The contract involves comprehensive works between MILE5B of the Sealdah Division, covering the Two Packet System area.The awarded contract focuses on the supply of materials, installation, testing, interlocking, and commissioning of both Indoor and Outdoor Signalling Equipments, along with Electronic Interlocking. The work is situated at Majerhat, Brace Bridge, Nangi, and Dual MSDAC, forming part of the Automatic Signalling Work.This work falls within the...

HDFC Life to Issue Shares to Promoter HDFC Bank, Solidifying Shareholding Pattern HDFC Life Insurance Company Limited is proceeding with a proposed preferential and private placement issue of equity shares to its promoter, HDFC Bank Limited. The transaction concerns the issuance of 1,45,23,906 equity shares to HDFC Bank Limited.The information relates to a proposal referenced in a Notice of Postal Ballot issued to the Company's members on April 16, 2026.Following the completion of the preferential issue, the total number of fully diluted equity shares of the Company is projected to stand at 2,18,39,50,540. This transaction would significantly alter the shareholding structure, establishing HDFC Bank Limited’s stake at 50.27% of the...

EMA Partners India Limited Sets Record Date for Equity Share Buyback EMA Partners India Limited announced that its Board of Directors has approved the Buyback of Equity Shares. The company has subsequently fixed a specific date to determine eligibility for the buyback process.EMA Partners India Limited has set April 30, 2026, as the Record Date for the buyback. This date is crucial for establishing the names of equity shareholders and determining their entitlement to participate in the corporate action.The decision to initiate the buyback comes following the Board of Directors' formal approval of the move to repurchase equity shares.The details of the key financial action are summarized below:ActionCompanyDate SetPurpose...

Gujarat Themis Biosyn Ltd to Acquire Sanofi's Global Anti-TB and Anti-Infective Portfolio Mumbai, April 23, 2026: Gujarat Themis Biosyn Ltd. (GTBL), a leading pharmaceutical company specializing in fermentation-based intermediates and active pharmaceutical ingredients (APIs), announced a major strategic move today. The company has entered into an asset purchase agreement to acquire a portfolio of anti-tuberculosis (TB) and anti-infective brands from Sanofi, the French-holding company of the Sanofi group.The acquisition significantly strengthens GTBL's global pharmaceuticals platform, offering immediate access to regulated and semi-regulated markets. The concern portfolio, which has a strong presence in over 55 countries across Europe...

Spacenet Enterprises India Sells Stake in String Metaverse Limited for Promoter Group Spacenet Enterprises India Limited has sold equity shares of String Metaverse Limited (SML) as part of an offer for sale, reducing the promoter group's stake to meet Minimum Public Shareholding requirements.The sale, conducted by Spacenet Enterprises India Limited, the promoter group of String Metaverse Limited, involved the divestment of 30,00,000 equity shares. The shares, each having a face value of 10/-, represented 2.58% of the total issued and paid-up equity share capital of SML.The sale was executed through the stock exchange mechanism on April 21 and April 22, 2026.Following the divestment, the promoter group's shareholding in SML saw a...

NIIT Learning Systems Files Rectification Application and Appeal Against Tax Order for AY 2023-24 NIIT Learning Systems Limited has filed an appeal and an application for rectification regarding a tax order received for the Assessment Year 2023-24. The matter stems from an order passed under Section 143(3) by the Assessment Unit of the Income Tax Department and a subsequent Notice of Demand issued under Section 156 of the Income-tax Act, 1961.The initial tax demand arose due to what the company stated were apparent mistakes in the computation sheet provided by the Assessment Unit. Specifically, the dispute concerns the short credit of prepaid taxes during the faceless assessment proceedings.The company confirmed that it filed an...

EMA Partners Approves FY26 Results and Initiates Buyback of Equity Shares EMA Partners India Limited has announced the approval of its audited standalone and consolidated financial results for the half year and year ended March 31, 2026. The company also announced plans to execute a buyback of its own equity shares through a tender offer route.The company's Board of Directors approved the financial results at a meeting held on April 23, 2026. Statutory Auditors issued an audit report with an unmodified opinion on the audited standalone and consolidated results for the half year and year ended March 31, 2026.Share Buyback Details The Board approved the proposal to buy back up to 7,25,000 fully paid-up equity shares of the company...

Sheela Foam Completes Fractional Share Sale Following Composite Scheme of Arrangement Following the approval of a Composite Scheme of Arrangement by the National Company Law Tribunal (NCLT), Sheela Foam Limited announced the finalization of the share transfer process. The scheme involved the amalgamation of Kurlon Enterprise Limited (KEL) with Sheela Foam Limited and several other entities, including Belvedore International Limited, Kanvas Concepts Private Limited, Kurlon Retail Limited, Komfort Universe Products and Services Limited, and Starship Value Chain and Manufacturing Private Limited.The arrangement, which was approved by the NCLT, Mumbai Bench, led to the consolidation and allotment of fractional entitlements arising from...

Toyam Sports Limited Announces Un-Audited Financial Results for Q/H Ending December 31, 2025 Toyam Sports Limited, formerly known as Toyam Industries Limited, has announced the results for the quarter and half year ended December 31, 2025. The company also reported the approval of Nidhi Bajaj & Associates as its Practicing Company Secretary.The board of directors approved the release of the un-audited standalone and consolidated financial results and the limited review report for the specified period.Financial Performance Overview The company released comprehensive financial statements detailing its Standalone and Consolidated financial results.Standalone Financial Results (Rs. in Lakhs) The following table summarizes key...

Rossari Biotech Reschedules Capacity Expansion at Subsidiaries for Phased Implementation Rossari Biotech Limited has announced a revision to the timeline for its capacity expansion plans at its material subsidiaries, Unitop Chemicals Private Limited and Tristar Intermediates Private Limited.The company reported that the subsidiaries are currently re-evaluating the investment plan. This re-evaluation is being conducted in light of evolving business requirements and current market conditions.Consequently, the implementation of the previously proposed capacity expansion project is being rescheduled. The expansion is now expected to be undertaken in a phased manner over the next two years.Rossari Biotech Limited stated that while the...

IKS Health to Acquire TruBridge to Bolster Rural and Community Healthcare Access Inventurus Knowledge Solutions, Inc. (IKS Health), the U.S. subsidiary of Inventurus Knowledge Solutions Limited, announced a definitive agreement to acquire TruBridge, Inc., a provider of healthcare technology solutions for rural and community hospitals. The proposed strategic acquisition aims to broaden access to high-quality care by integrating IKS Health's care enablement capabilities with TruBridge's deep expertise in supporting community health systems.The move is positioned as a commitment to strengthen local healthcare systems across the United States, where nearly one in five Americans face challenges accessing care. By combining resources, the...

Inventurus Knowledge Solutions to Acquire TruBridge Inc. for Up to USD 565 Million Inventurus Knowledge Solutions Limited announced a major strategic move, confirming plans to acquire 100% of the shareholding in TruBridge Inc., a leading healthcare IT and revenue cycle management services provider in the United States. The acquisition, termed the Proposed Acquisition, is structured through a merger involving IKS Next Horizon, Inc., a wholly-owned subsidiary of IKS Inc., and the Target.The Board of Directors of Inventurus Knowledge Solutions Limited approved the Proposed Acquisition, which is expected to make TruBridge Inc. a material indirect subsidiary of the Company upon completion.Details of the Proposed Acquisition TruBridge...

Cyient Ltd. Board Approves Buyback of Equity Shares Worth INR 720 Crores Cyient Limited announced on April 23, 2026, that its Board of Directors approved a comprehensive proposal to buy back its equity shares. The initiative aims to repurchase 64,00,000 fully paid-up equity shares from existing shareholders, excluding the promoter and promoter group.The Board’s resolution detailed the terms of the buyback, which will be conducted through a tender offer route.Key Buyback DetailsThe approved parameters for the buyback are as follows:Buyback Size: INR 720,00,00,000 (Indian Rupees Seven Hundred Twenty Crores) Buyback Price: INR 1125 (Indian Rupees One Thousand One Hundred Twenty Five) per Equity Share Shares Purchased: 64,00,000...

Onix Solar Energy Ltd Approves Audited Results for Financial Year Ended March 31, 2026 Onix Solar Energy Ltd, formerly known as ABC Gas (International) Limited, announced the approval of its audited financial results for the quarter and financial year ended March 31, 2026. The company held its Board of Directors meeting on April 23, 2026, where the board considered and approved the financial results.The company released statements covering the standalone Profit and Loss Account for the quarter and financial year ended March 31, 2026, alongside comparative figures. The statements also included the Assets Liability Statement for the financial year ended March 31, 2026, and comparable figures for the half year ended September 30, 2025...

Shivam Pipes, Subsidiary of KD Green Industries, Secures ₹31.55 Crore Orders for Infrastructure Poles Shivam Pipes, a subsidiary of KD Green Industries Limited (previously Manbro Industries Limited), has secured orders aggregating ₹31.55 Crore for the supply of Galvanized Steel Tubular Poles. The supplies are destined for various electricity boards and Bharat Sanchar Nigam Limited (BSNL) in the North Eastern region.The orders were secured through the execution of power distribution and telecom infrastructure projects for government agencies and respective utilities. This substantial business development provides strong near-term revenue visibility for the company.The total order value is broken down as follows:Client Segment...

Ahasolar Technologies Ltd Secures Work Order for Goa Rooftop Solar PV Project Monitoring Ahasolar Technologies Ltd has announced it has received a Work Order for consultancy services related to Project Monitoring Consultant (PMC) for solar photovoltaic projects in Goa. The contract involves a 30MW (AC) distributed Grid-connected rooftop solar PV initiative spanning various identified government buildings.The consultancy service was awarded by Mahatma Phule Renewable Energy and Infrastructure Technology Limited. The contract is classified as a consultancy contract awarded by a domestic entity for its operations in India.The total consideration for the entire consultancy service is approximately ₹ 2.48 Crores, including GST. The order...

BSE Limited Completes Merger of Subsidiaries, Streamlining Corporate Structure BSE Limited has successfully completed a merger involving its wholly owned subsidiaries, BSE Investments Limited and BSE Administration & Supervision Limited, with BSE Technologies Private Limited. The merger, undertaken to achieve a simple corporate structure and eliminate duplicate corporate procedures, became effective on April 23, 2026.The Scheme of Merger was approved by the Regional Director - I, Western Region, MCA, vide order dated April 8, 2026. Following this approval, BSE Investments Limited and BSE Administration & Supervision Limited ceased to exist as separate entities with effect from April 23, 2026, and consequently ceased to be wholly owned...

BlueStone Reports 49% Revenue Growth in Q4FY26; Marks First Full Year of Positive PAT BlueStone Jewellery and Lifestyle Limited, a leading omnichannel jewellery retailer, announced its Q4FY26 financial results today, highlighting robust revenue growth and operational improvements. The company's performance marks a significant milestone, reporting its first full year of positive Profit After Tax (PAT).The Q4FY26 standalone revenue saw an increase of 49% year over year (YoY), supported by a strong Same Stores Sales Growth (SSSG) of 34% YoY for the quarter.BlueStone’s CEO, Gaurav Singh Kushwaha, commented that the financial results underline an inflection point in the Company's profitability journey. He noted that the strong growth...