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United Breweries Limited Receives Favorable Order in Tax Litigation from Bihar Authority United Breweries Limited has announced receiving a favorable order from the Assistant Commissioner of State Tax, Pataliputra Circle, Bihar. This development relates to ongoing tax litigation concerning the company.The order was received on April 24, 2026, following proceedings handled by the GST Commissioner (Appeals).The company provided a detailed update on the litigation status, outlining the history of the dispute and the current financial position regarding the penalty.Litigation Status and Financial Details The details of the dispute, which involves the Assistant Commissioner of State Tax, Pataliputra Circle, Bihar, are as follows...

UPL Limited to Invest in Sinova for Working Capital Infusion in Brazil UPL Limited has announced a significant further investment in Sinova lnovacoes Agricolas S.A. (Sinova), a key associate entity operating in Brazil. The investment will be channeled through the company's step down subsidiary, United Phosphorus Holdings Brazil B.V (UPL Brazil).The transaction involves UPL investing approximately USD 86.7Mn (BRL 450Mn) into Sinova. This equity infusion is aimed at addressing the working capital requirements of Sinova and facilitating the reduction of its debt.Sinova, formerly known as Sinagro Produtos Agropecuarios S.A., is a major reseller of grains and agricultural products, maintaining a significant presence in Brazil's 'Cerrado'...

RBL Bank Announces Results and Recommends Dividend After Board Meeting on March 31, 2026, Figures RBL Bank Limited announced the outcomes of its Board of Directors meeting held on April 25, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Furthermore, the Board recommended a dividend of Re. 1 per equity share of Rs 10/- each (10% of the face value), subject to the approval of the Bank's shareholders at the ensuing Annual General Meeting.The Bank's financial results for the fiscal year ended March 31, 2026, showed a significant increase in profitability across both standalone and consolidated metrics.Financial Highlights The audited standalone...

K.M. Sugar Mills Announces Meeting Schedule for Proposed Demerger Scheme K.M. Sugar Mills Limited is advancing with its proposed Scheme of Arrangement for Demerger involving the company and KM Spirits and Allied Industries Limited. The meetings for the respective stakeholders were scheduled following directions issued by the Hon'ble National Company Law Tribunal, Allahabad Bench.The Scheme of Arrangement aims to effect a separation between K.M. Sugar Mills Limited (the Demerged Company) and KM Spirits and Allied Industries Limited (the Resulting Company). The company has finalized the schedule for convening meetings of its Equity Shareholders and Unsecured Creditors to obtain necessary approvals for the demerger process.The...

Nila Infrastructures Limited Wins Partial Relief in Income Tax Appeal for AY 2018-19 Nila Infrastructures Limited has received an appellate order concerning its income tax assessment proceedings for the assessment year 2018-19. The order, received on April 24, 2026, indicates that the Appellate Authority of the Income Tax Department has partly allowed the Company's appeal.The appellate authority restricted the addition of income proposed during the assessment proceedings. Specifically, the authority restricted the addition of income to INR 33.23 lac.This ruling provides a material update regarding the tax assessment related to search-related activities of the company.The details of the proceedings include:Name of the...

Zensar Technologies Announces Financial Results and Recommends 630% Final Dividend Zensar Technologies Limited announced the outcomes of its Board meeting held on April 24, 2026. The Board unanimously approved and recommended the audited financial results for the quarter and financial year ended March 31, 2026, alongside an unmodified auditor's report.The company also recommended a Final Dividend of INR 12.60 per equity share, which represents 630% of the face value of INR 2 each, for the financial year ended March 31, 2026. This dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting.Financial Performance Highlights The financial results for the quarter and year ended March 31, 2026, showed...

GSM Foils Limited Reiterates Focus on FY27 Targets Following Promoter Share Sale Update GSM Foils Limited provided operational and financial updates on April 24, 2026, confirming that the company remains on track to achieve its previously communicated FY27 targets. The company also addressed investor queries regarding cash flows, market volatility, and a recent share transaction involving its promoter.In terms of market operations, GSM Foils stated that while volatility and availability in aluminum prices continue to pose challenges, the conditions within the market have improved in recent weeks. The company also noted that receivables, which had shown some deterioration in March following the onset of conflict, have since normalized...

Raghav Productivity Enhancers Approves FY 2026 Financial Results, Recommends Dividend, and Appoints New Auditors Raghav Productivity Enhancers Limited, formerly Raghav Ramming Mass Ltd., concluded its first Board Meeting for the financial year 2026-27 on April 24, 2026. During the meeting, the company approved the audited financial statements and results for the year and quarter ended March 31, 2026, alongside recommending a final dividend for the period.The board also finalized the appointment of key auditors and approved the allotment of employee shares, outlining plans for significant capacity expansion at its primary operational units.Financial Approvals and Governance Updates During the meeting held via Video Conferencing, the...

Alkem Laboratories Ltd Announces Resignation of Chief Executive Officer Dr. Vikas Gupta Alkem Laboratories Ltd announced the resignation of Dr. Vikas Gupta from the position of Chief Executive Officer and Key Managerial Personnel. The resignation, effective April 24, 2026, was tendered by Dr. Gupta to pursue new professional opportunities.According to the company, Dr. Vikas Gupta will continue in his role until June 30, 2026, to ensure a smooth transition of responsibilities for Alkem Laboratories Ltd.The company stated that Dr. Gupta expressed deep gratitude for the tenure, noting that the leadership efforts focused on strengthening the market position and advancing the research and development (R&D) pipeline.The key details...

Omega Interactive Technologies Postpones Board Meeting to Analyze Financial Results Omega Interactive Technologies Ltd has announced the postponement of its Board of Directors meeting, originally scheduled for April 24, 2026. The change was implemented to provide the Board with additional time required for detailed analysis of the company's financial performance.The Board Meeting was initially planned to address the consideration and approval of the standalone audited financial results for the period ended on March 31, 2026, alongside any other necessary business matter.The company has announced that the meeting has been postponed due to significant variations observed in the financial results, necessitating further thorough...

JSW Motors and Tata Elxsi Form Strategic Partnership to Pioneer Next-Generation Connected Mobility in India JSW Motors, the automotive arm of the JSW Group, and Tata Elxsi, a global design and technology services company, have partnered to establish the JNEXT - JSW NextGen Technology Center in Pune. This strategic alliance aims to develop next-generation, software-defined, and AI-powered mobility solutions, addressing the industry's shift toward connected and electrified vehicles.The partnership was formalized today with the signing of a Memorandum of Understanding (MoU). The JNEXT Center is set to operate as a strategic engineering hub, enabling close collaboration with JSW Motors’ research and development, manufacturing, and...

Skipper Limited Faces Demand of ₹ 45,10,502 from Kerala Tax Authority Skipper Limited has confirmed receiving an order from the Office of the Deputy Commissioner, Taxpayer Services Division, SGST Department, Irinjalakuda, Thrissur, Kerala. The order, issued under Section 74 of the CGST/SGST Act, 2017, raises a demand of ₹ 45,10,502/- against a mismatch identified in GSTR 1-3B for the Financial Year 2021-22.The company received the directive on April 23, 2026.The tax authority that passed the order is the Office of the Deputy Commissioner, Taxpayer Services Division, SGST Department, Irinjalakuda, Thrissur, Kerala. The specific reference number associated with the action is ZD320426020996B.According to the detailed records, the...

Hindustan Zinc Reports Record Financial Performance for 4QFY26 and Full Year 2026 Hindustan Zinc Limited announced a period of historic results for the fourth quarter and full year ended March 31, 2026, driven by record production levels, industry-leading cost structures, and favorable commodity trends. The company reported significant year-over-year growth across key profitability metrics, positioning it for a new phase of expansion.Record Financial Highlights For the quarter ending March 2026, Hindustan Zinc recorded a record net profit of ₹ 5,033 crore, marking a 68% increase year-over-year. EBITDA reached an all-time high of ₹ 7,747 crore, up 61% year-over-year.On a full-year basis for FY26, the company reported a record net...

Vani Commercials Ltd Receives Listing Approval for 17.66 Million Equity Shares Vani Commercials Ltd has received listing approval for a substantial portion of its equity capital. The company announced that it has been granted permission by BSE Limited for 17,666,663 equity shares to be dealt on the exchange.The shares, which were issued on a preferential basis to non-promoters, have a face value of Rs. 10/- each and were issued at a premium of Rs. 2/- each.The listing approval was granted by BSE Limited vide its letter number LOD/PREF/KS/FIP/129/2026-27. The approval allows the company to proceed with listing the specified shares.The details of the newly listed equity shares are summarized below:DetailValueCompany NameVani...

Mangal Credit and Fincorp Ltd Secures Composite Corporate Agent License from IRDAI Mangal Credit and Fincorp Ltd announced that it has been granted a Corporate Agent (Composite) license by the Insurance Regulatory and Development Authority of India (IRDAI). The approval allows the company to procure or solicit insurance business in the Composite category.The license, dated April 24, 2026, confirms Mangal Credit and Fincorp Ltd's eligibility to operate as a Corporate Agent under the guidelines set by the IRDAI. This strategic approval enhances the company's capacity to service customers by enabling them to solicit various insurance products.According to the details provided, the key parameters of the granted license are as follows...

A. K. Capital Services Limited' Equity Shares Admitted to Dealings on National Stock Exchange A. K. Capital Services Limited has received confirmation that its equity shares have been admitted to dealings on the National Stock Exchange (NSE) of India. The shares are permitted to trade in the Capital Market segment, effective from April 20, 2026.According to the recent communication, the company's shares will be listed under the 'Permitted to Trade' category on NSE. The designated trading symbol allotted by the National Stock Exchange is 'AKCAPIT'.The company confirmed that despite the admission to dealings on NSE, it continues to remain listed exclusively on BSE Limited.AKCAPIT Stock Price Movement As of 2:30 PM, shares of AK...

Hindustan Zinc Declares Rs 4,648 Crore Dividend; Posts FY 2026 Financial Results Hindustan Zinc Limited announced the declaration of its first interim dividend for the financial year 2026-27, amounting to Rs 4,648 crores. The Board of Directors approved the dividend at a rate of Rs 11/- per equity share, with the record date set for April 30, 2026.The Company also released its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.Financial Performance Summary For the fiscal year ended March 31, 2026, the Company posted a Net Profit of Rs 13,832 crores (consolidated) and Rs 13,712 crores (standalone). Total Income for the financial year reached Rs 41,934 crores (consolidated) and Rs...

ATC Energies System Limited Changes Corporate Identification Number Following NIC Code Update ATC Energies System Limited announced a change in its Corporate Identification Number (CIN). The revision was necessitated by the updating of the National Industrial Classification (NIC) Code, a change recorded by the Ministry of Corporate Affairs (MCA) and the Registrar of Companies, Mumbai I.The company, formerly known as ATC Energies System Private Limited, confirmed the official CIN change, noting that the revision occurred automatically due to the NIC code update.In a structured comparison, the records show the following modification to the CIN:ParticularsPrior to ChangeRevised CINCorporate Identification Number...

Sammaan Capital Makes Interest Payments on Secured and Unsecured Debentures Sammaan Capital Ltd announced the payment of interest amounts pertaining to Secured Redeemable Non-Convertible Debentures and Unsecured Redeemable Non-Convertible Debentures. The payments were made following a public issue and the company confirmed the timely remittance of the entire interest amount.The company provided detailed records concerning these debt instruments, confirming that interest payments were made for two distinct instruments.The financial details of the interest payments are presented below, summarizing the transactions for both specified debentures.ISINIssue Size (in INR lacs)Interest Amount Due (in INR lacs)FrequencyActual Interest...

Inspirisys Solutions Ltd. Board Meeting Scheduled to Approve FY 2026 Financial Results Inspirisys Solutions Ltd. has scheduled a meeting of its Board of Directors to review and approve the annual audited financial results. The Board Meeting is set to take place on Friday, May 8, 2026.During the meeting, the company intends to consider and approve the Annual Audited Financial Results for the quarter and year ended March 31, 2026.The company issued the announcement regarding the Board Meeting on April 24, 2026.INSPIRISYS Stock Price Movement As of 12:27 PM, shares of Inspirisys Solutions Limited are slipping by 0.24% in live trading, currently trading at ₹83.75. The stock has seen a total volume of 2,403 shares processed during the...