Markets

Destiny Logistics & Infra Limited Converts Warrants, Boosting Equity Share Capital to ₹ 22.42 Crore Destiny Logistics & Infra Limited (formerly Destiny Logistic Limited) has successfully converted a significant portion of its outstanding warrants into equity shares, leading to a substantial increase in its paid-up capital.The company announced that on April 13, 2026, the Board of Directors approved the conversion of 10,54,500 warrants. These warrants, convertible into an equal number of equity shares, were issued with a face value of ₹ 10 each, which included a premium of ₹ 23 each.The conversion was executed following the allottees’ exercise of their right to convert, upon the receipt of an aggregate consideration amount of ₹...

Srestha Finvest Ltd Approves Allotment of 11.75 Crores Equity Shares via Warrant Conversion Srestha Finvest Ltd confirmed that its Board of Directors, in a meeting held on Monday, April 13, 2026, approved the allotment of equity shares following the conversion of convertible warrants. The board meeting considered and approved the allotment of 11,75,00,000 (Eleven Crores Seventy Five Lakhs) Equity Shares of face value Re.1/-. These shares were issued at a premium of Rs.0.05/- per equity share.The allotment was made to the Promoter group on a preferential basis, utilizing the conversion of 11,75,00,000 Convertible Warrants. This conversion was executed out of a total pool of 85,30,00,000 Convertible Warrants that were initially issued...

Navkar Corporation Ltd To Hold Board Meeting on April 20, 2026, to Review Financial Results Navkar Corporation Ltd announced that its Board of Directors meeting is scheduled for Monday, April 20, 2026. The meeting is set to address key corporate governance and financial reporting matters for the company.The primary agenda items for the board meeting include the consideration, approval, and taking on record of the company's Audited Financial Results. These results cover the quarter and the full financial year ended March 31, 2026. The board is also expected to address any other business with the permission of the Chair.In addition to the financial review, the company provided an update regarding the trading window for designated...

R M Drip and Sprinklers Systems Limited Announces Allotment of Bonus Equity Shares R M Drip and Sprinklers Systems Limited announced a significant corporate action following its Board meeting held on Monday, 13th April 2026. The Board approved the allotment of 17,84,28,571 fully paid-up Bonus Equity Shares, each having a face value of Re. 1/-.The bonus shares were allotted at a ratio of 5 (Five) new fully paid-up Equity Shares for every 7 (Seven) existing fully paid-up Equity Shares. This allotment was based on the record date fixed for the purpose, which was Friday, 10th April 2026.The total allotment of shares results in the paid-up equity share capital of the company increasing to Rs. 42,82,28,571. This revised capital comprises...

RR Kabel Expands FMEG Portfolio with Kitchen Appliances and Enhanced Air Cooler Line Mumbai, April 13, 2026: RR Kabel, a leading manufacturer of wires and cables in India, announced a significant strategic expansion of its Fast-Moving Electrical Goods (FMEG) portfolio. The company launched its foray into the Kitchen Appliances segment and simultaneously expanded its Air Coolers range under its premium appliance brand, RR Signature.The strategic entry into kitchen essentials is designed to deepen market penetration within Indian households, expanding the brand's footprint beyond traditional electrical categories.New Product Offerings and Market Trends Under the trusted RR Signature Appliances umbrella, RR Kabel introduced a range of...

PTC India Ltd Announces Completion of Tenure for Independent Directors PTC India Ltd confirmed that three of its Independent Directors ceased their tenure on April 12, 2026. Consequently, Dr. Jayant Dasgupta, Smt. Rashmi Verma, and Shri Narendra Kumar stepped down from their roles on the Company’s Board and Committees, effective April 13, 2026.The completion of their independent director tenures marks a key change in the corporate structure of PTC India Ltd. The Board confirmed that the directors' service ended with the completion of their stipulated tenure, leading to their separation from the company's director and committee memberships starting on April 13, 2026.The details regarding the cessation of service for the three...

Kanoria Chemicals Approves Letter of Offer for Non-Convertible Preference Shares Kanoria Chemicals & Industries Limited announced that its Board of Directors, during a meeting held on April 13, 2026, approved a Letter of Offer for Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares (NCRPS).The approval regarding the Letter of Offer for the NCRPS was made by the Board of Directors. This development followed the sanction of the preference shares at an Extraordinary General Meeting held on April 13, 2026. The Board meeting commenced at 11:00 a.m.KANORICHEM Stock Price Movement As of 11:44 AM, shares of Kanoria Chemicals & Industries Limited are shedding 0.52% in live trading, currently standing at ₹71.37...

Sanathnagar Enterprises Ltd Board Meeting Scheduled to Approve Financial Results Sanathnagar Enterprises Limited has scheduled a meeting of its Board of Directors for April 17, 2026. The primary agenda for the meeting is to consider and approve the Audited Financial Results of the Company for the quarter and the financial year ending March 31, 2026.The Company also provided an update regarding market trading activities. Referring to its previous letter dated March 23, 2026, Sanathnagar Enterprises Limited announced that the trading window for dealing in its shares has been closed.The closure of the trading window took effect from April 01, 2026, and will remain in effect until 48 hours after the declaration of the Audited Financial...

Suba Hotels Limited Appoints Hakimuddin Kanorwala as Chief Financial Officer Suba Hotels Limited has appointed Mr. Hakimuddin Kanorwala as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective April 13, 2026.Mr. Kanorwala, who brings over 15 years of experience in finance and accounts, joins Suba Hotels Limited with significant domain expertise across the hospitality sector. He is a qualified Chartered Accountant and an alumnus of the Indian Institute of Management Calcutta.In his capacity as CFO, Mr. Kanorwala's extensive background spans financial planning and analysis, budgeting, treasury, taxation, risk management, governance, internal controls, and financial reporting.Professional Experience...

A-1 Ltd, formerly known as A-1 Acid Limited, has announced a significant milestone in its operational infrastructure, reporting that more than 90% of its tanker and vehicle fleet is currently debt-free. The company stated that the remaining dues on its vehicles will be settled within the current year, aiming to achieve a completely owned, 100% debt-free fleet by October 2026.The move reflects a strong focus on enhancing internal capabilities and market competitiveness for the logistics sector.In addition to the debt reduction, A-1 Ltd is expanding its operational capacity by adding 10 multi-excel vehicles and tankers to its existing fleet.The company emphasized that strengthening its logistics department through these additions...

Manav Infra Projects Secures Rs 3,20,96,142 Work Order for Mumbai Project Manav Infra Projects Limited has secured a new work order for specialized construction activities at Romell Tiara Oshiwara in Andheri West, Mumbai. The order was received from Gurunanak Romell LLP.The contract covers the scope of Shore Piling and Rock Anchoring works. Manav Infra Projects Limited confirmed that the value of this project contributes to the company's ongoing business operations.The financial details of the acquired work order are as follows:DetailValueNotesClientGurunanak Romell LLPProject ScopeShore Piling and Rock Anchoring worksLocationRomell Tiara Oshiwara, Andheri West, MumbaiTotal Order ValueRs 3,20,96,142/-Includes GST @...

Carraro India Ltd. Announces Schedule for Analyst and Investor Meetings Carraro India Ltd. has scheduled a series of one-on-one meetings with analysts and investors. The engagement is set to take place on April 20, 2026, starting at 12:00 Noon, and will be conducted virtually.The company confirmed the schedule of discussions for interested analysts and investors, emphasizing that the meetings are intended to facilitate dialogue based solely on publicly available information.Details of the planned interactions are as follows:Date & TimeNature of MeetingPlaceApril 20, 2026, 12:00 Noon onwardsOne-on-One MeetingsVirtualCarraro India noted that the meeting schedule remains subject to change due to exigencies on the part of the...

Oriental Rail Infrastructure Ltd Wins Rs 1.57 Crore Contract for Coach Components from Indian Railways Oriental Rail Infrastructure Limited has secured a substantial domestic order worth Rs 1,57,36,863.50 from the Rail Coach Factory (RCF) of Indian Railways. The contract involves the manufacturing, supply, and installation of specialized components for LHB GS coaches.The order, totaling Rs 1,57,36,863.50 (Rupees One Crore Fifty-Seven Lakh Thirty-Six Thousand Eight Hundred Sixty-Three and Paise Fifty only), is for the supply of 25 sets of 'one set of seats & berths for LHB GS coaches' to the Rail Coach Factory, Kapurthala.Under the contract, Oriental Rail Infrastructure Limited must execute the supply by September 28, 2026.Key...

NBCC and HUDCO Ink Dual MoUs for Redevelopment and Asset Monetization NBCC (India) Limited announced on April 13, 2026, that it entered into two separate Memorandums of Understanding (MoUs) with Housing and Urban Development Corporation Limited (HUDCO) on April 11, 2026. The agreements aim to strengthen cooperation between the two entities across major urban infrastructure projects and NBCC's self-sustainable model developments.The first MoU focuses on the joint redevelopment of the August Kranti Bhawan plot at Bhikaji Cama Place, New Delhi. Under this collaboration, HUDCO and NBCC will work together on the leasehold plot measuring approximately 18830 sqmt, located at Block No. 25, August Kranti Bhawan, Bhikaji Cama Place, New Delhi...

Aster DM Healthcare Expands Whitefield Hospital Capacity with Rs. 96 Crore Investment Aster DM Healthcare Limited, one of India’s largest integrated healthcare providers, has significantly expanded its footprint in Bengaluru with a dedicated investment of Rs. 96 crore. The expansion focuses on the 'Women & Children' facility at Aster Whitefield Hospital, strengthening the company’s presence in the region.The upgrade boosts Aster Whitefield Hospital's total bed capacity from 380 beds to 539 beds. The advanced treatment centre, titled the 'Aster Women & Children,' is designed to cater to the diverse healthcare needs of women and children from various geographical areas.The dedicated 159-bed facility provides comprehensive and...

Shyam Metalics and Energy Cleared of Closure Directions for Rengali Plant Units Shyam Metalics and Energy Limited has clarified the regulatory status of its Rengali Plant in Sambalpur, Odisha, addressing social media rumors regarding pollution non-compliance. The company reported that the Central Pollution Control Board (CPCB) granted significant relief concerning certain units at the facility.The CPCB had initially issued directions for the closure of the Pellet Plant, the Ferro Alloys Plant, and the Power Plant at the Rengali facility, citing specific pollution-related non-compliances.Following the issuance of these directions, Shyam Metalics and Energy Limited submitted detailed representations to the CPCB, outlining the remedial...

Piramal Pharma Achieves Successful Closure of US FDA Inspection at Kentucky Facility Piramal Pharma Ltd has confirmed the successful completion of its US FDA inspection at its manufacturing facility located in Lexington, Kentucky, USA. The successful conclusion was marked by the receipt of the Establishment Inspection Report (EIR) from the US FDA.The company reported that the US FDA has issued the Establishment Inspection Report (EIR) for the Lexington facility. The report carries the classification of Voluntary Action Indicated (VAI).The receipt of this EIR marks the successful closure of the inspection process for Piramal Pharma Ltd at the specified US location.PPLPHARMA Stock Price Movement Shares of Piramal Pharma Limited are...

Mukand Ltd Board Meeting Scheduled for May 14: Review of FY26 Results and Dividend Recommendation Mukand Ltd has announced that its Board of Directors is scheduled to meet on Thursday, May 14, 2026. The meeting agenda includes the formal review and approval of the company’s financial performance for the fiscal year ended March 31, 2026.During the Board meeting, the directors will consider and approve the Audited Financial Results for the quarter and the full year ended March 31, 2026, both on a standalone and consolidated basis. Furthermore, a key item on the agenda is the recommendation of a dividend, if deemed appropriate, on the equity shares for the financial year ending March 31, 2026.In addition to the board meeting...

RateGain Launches RG Varsity, a Certification Initiative for AI-Driven Hotel Marketing RateGain Travel Technologies Limited, a global leader in AI-powered SaaS solutions for the travel and hospitality sector, has launched RG Varsity, a new digital marketing certification program. The initiative is designed to equip hotel professionals with the necessary skills to navigate the rapidly evolving customer acquisition landscape and improve measurable revenue performance.The timing of the launch addresses structural challenges within the hotel industry. While hotels are increasing digital marketing budgets, many teams struggle to accurately understand the factors driving or undermining their results. RateGain noted that as travelers...

Suzlon Energy Ltd. Allots 6,57,000 Shares via ESOP Exercise Suzlon Energy Ltd. announced that its Securities Issue Committee, comprising the Board of Directors, approved the allotment of 6,57,000 fully paid-up equity shares. The allotment is being executed for cash at a premium in dematerialised form to eligible employees of the company and its subsidiaries.The shares have a face value of Rs.2/- (Rupees Two Only) each. The allotment proceeds total Rs.1,11,22,500/- (Rupees One Crore Eleven Lacs Twenty Two Thousand Five Hundred Only).The shares are being allotted pursuant to the exercise of options granted under the Employee Stock Option Plan 2022 (ESOP 2022).ESOP Allotment Details The allotment is broken down into two tranches of...