Markets

Accord Transformer & Switchgear Ltd Receives Order for Transformers Valued at Rs. 8.40 Crores Accord Transformer & Switchgear Ltd has secured a significant order from a leading Private Sector Firm. The contract involves the supply of Transformers for a project encompassing CMGrid Road Work and Goldfinch Amravati Sport City Lucknow.The company specified that the project is scheduled for completion within a tentative period of 12 Months.Key details regarding the received order are presented in the table below:ParticularsDetailsName of the entity awarding the order(s)/Contract(s)Leading Private Sector FirmNature of Order(s)/ Contract(s)Commercial Order for CSS Transformers for the project CMGrid Road Work and Goldfinch...

MBL Infrastructure Ltd Addresses Share Price Movement with Sectoral Factors MBL Infrastructure Ltd provided details regarding the recent price movement in its shares. The company noted that fluctuations in the scrip price and volume are primarily influenced by market conditions beyond the company's control.In addressing the price movement, MBL Infrastructure stated that the significant behaviour of the scrip may be attributable to several factors, including:A positive ceasefire in the US-Iran war. A general increase in share prices across all peer group companies within the infrastructure sector. The availability of huge opportunities in the core competency areas of the company. The impetus from the Government of India on the...

HRS Aluglaze Reports Booked Work Orders Valued at INR 26.94 Crores Across Multiple Contracts HRS Aluglaze Ltd has reported a total booked work order value, comprising executed and recently awarded contracts, of INR 26.94 Crores (Excluding GST). These projects are scheduled for execution between the next 03 to 12 months.The company detailed several significant orders received from various entities, spanning the supply, fabrication, and installation of specialized aluminum and windowing systems.The material details of the recent contract acquisitions are presented in the tables below:Contract DetailsAwarding EntityScope of WorkOrder Value (Excluding GST)Completion TimelineSafal Goyal Realty LLPSupply, fabrication, and...

Adani Green Energy Subsidiary Signs Joint Venture Agreement with Minerva Holding for Indian RE Projects Adani Renewable Energy Middle East Ltd, a wholly-owned subsidiary of Adani Green Energy Limited, executed a Joint Venture Agreement (JVA) on April 08, 2026. The agreement is with Minerva Holding RSC Ltd, forming Minerva Renewables Holding RSC Limited as the joint venture entity.The partnership involves EPointZero Holding RSC Ltd, the energy and infrastructure arm of International Holding Company PJSC, described as the largest listed company in the UAE with a market capitalization exceeding US$ 230 billion. This joint venture aims to develop, construct, and operate Renewable Energy (RE) projects in India.Under the terms of the JVA...

Apollo Micro Systems Limited Completes Blast Trials for Limpet Mines Apollo Micro Systems Limited announced the successful completion of blast trials for Limpet Mines. These Limpet Mines are Diver Carried Mines utilized in Naval Defence applications.The company stated that it is the sole Indian entity to have successfully developed this specific product for the Indian Navy. This achievement marks a significant milestone for Apollo Micro Systems Limited, positioning the company as a provider covering the complete spectrum of underwater mines. The scope of their offerings ranges from Shallow waters and Deep Waters to the Limpet Mine categories, further strengthening the company’s capabilities in underwater Electronic Warfare systems...

Carysil to Host Analyst Interaction at 'Carysil 2.0' Experience Expo Carysil Limited has announced it will host an Analyst Interaction as part of its flagship experience event, 'CARYSIL INNOVAXPO'. The event is designed to showcase the company's evolving product portfolio, innovation pipeline, and long-term growth roadmap.The details for the interaction are as follows:Event: Carysil 2.0 Expo - CARYSIL INNOVAXPO Date: April 25, 2026 Analyst Interaction Slot: 4:00 PM to 6:00 PM Mode: Physical Interaction Venue: Grand Hyatt, MumbaiThe event is structured as a strategic platform where the company expects to share insights across several key areas.Strategic Focus Areas During the analyst interaction, Carysil is anticipated to share...

Lead Reclaim Rubber Products Ventures into Tyre Pyrolysis Oil Production in Gujarat Lead Reclaim and Rubber Products Ltd (LRRPL), an ISO 9001:2015 and MSME ZED certified manufacturer of premium reclaim rubber, butyl reclaim rubber granules, and crumb rubber powder, announced its venture into a new product line comprising Tyre Pyrolysis Oil (TPO) and Recovered Carbon Black (RCB) plant at Mundra, Gujarat.The expansion positions LRRPL within the growing green fuels sector, particularly in anticipation of shifts in regulatory approvals for Sustainable Aviation Fuel (SAF) and marine fuel opportunities.The industry faces increasing interest in pyrolysis oil for sustainable applications. Reports published in prior years indicated...

Asian Granito India Gains Trading Approval for Shares from Composite Scheme of Arrangement Asian Granito India Ltd received trading approvals for 6,45,63,636 equity shares from both the BSE and the NSE on April 8, 2026. The shares are associated with a Composite Scheme of Arrangement involving Asian Granito India Limited, Adicon Ceramica Tiles Private Limited, and Adicon Ceramics Limited.The shares in question are 6,45,63,636 equity shares of Rs. 10/- each, bearing distinctive numbers from 231911650 to 296475285. This issuance relates to the Composite Scheme of Arrangement executed amongst Asian Granito India Limited (Resulting Company 1), Adicon Ceramica Tiles Private Limited (Demerged Company), and Adicon Ceramics Limited (Resulting...

Aptus Value Housing Finance India Ltd Board Meeting Scheduled for May 2026 Aptus Value Housing Finance India Ltd has scheduled a Board of Directors meeting for Wednesday, May 06, 2026. The meeting is set to consider several key corporate actions for the company.Key items on the agenda for the Board include:Approving the audited standalone and consolidated financial results of the Company for the fourth quarter and year ended March 31, 2026. Decisions regarding the payment of an Interim Dividend for the financial year 2025-26, and fixing the Record Date for this purpose if the Board declares such a dividend. Consideration of raising funds through the issuance of Debt Securities in one or more tranches and/or series via a private...

ASMS Expands Agri-Commerce Network to Hyderabad with AYOU Rollout Avio Smart Market Stack Limited (ASMS) announced the expansion of its agri-supply and aggregation platform, operating under the AYOU brand, into Hyderabad. This move marks a key development in scaling the company's post-harvest infrastructure and market linkage capabilities as part of Project AVIO Agritech.Following a strategic investment in Shree NagaNarasimha Pvt Ltd (SNN), which manages operations under the AYOU brand, ASMS has been operationalizing and expanding the platform beyond its established base in Bengaluru. As part of this growth phase, AYOU has commenced operations in Hyderabad. Progress in the new city includes onboarding supply partners, securing...

Castrol India Elevates Flagship Products to Full Synthetic Across Two- and Four-Wheeler Segments Castrol India Limited, a prominent lubricant manufacturer, announced the addition of two new full synthetic products to its two- and four-wheeler engine oil range. This move establishes a new benchmark in the Indian lubricants market, positioning Castrol India as a segment disruptor by bringing full synthetic technology to mass segments.The company confirmed that both the Castrol Activ and Castrol GTX ranges are undergoing upgrades to full synthetic formulations across select viscosities.Kaushik Vedula, VP Marketing at Castrol India Limited, highlighted that the changes reflect continuous tracking of evolving consumer needs and mobility...

Tata Power Partners with Databricks to Establish Future-Ready Data and AI Platform Tata Power Company Limited has announced the adoption of the Databricks platform across its operations to enhance its data and AI transformation efforts across all business clusters. This move aims to drive operational efficiency, improve decision-making, and enable scalable digital innovation as the company advances its transformation aligned with the energy transition.The unified platform being built by Tata Power is designed to power the next phase of growth across initiatives spanning renewable integration, smart grids, and its expanding B2C portfolio. This platform will support several key areas, including intelligent grid management, advanced...

RateGain's UNO Platform Enables Direct GDS Connectivity for Hotelogix Worldwide RateGain Travel Technologies Limited, a global provider of AI-powered technology solutions for the hospitality and travel industry, announced a strategic partnership with Hotelogix, a leading cloud-based Property Management System. This collaboration allows Hotelogix customers worldwide to access direct GDS connectivity through RateGain's UNO Platform, helping unlock corporate travel demand without the complexity of managing separate integrations.The integration significantly strengthens Hotelogix's capability as an end-to-end solution provider for distribution. Hotels utilizing the Hotelogix PMS can gain seamless access to Amadeus, Sabre Corporation, and...

HBL Engineering Ltd Secures Order Worth Rs.83.81 Crores from Patiala Loco Works HBL Engineering Ltd has accepted an order valued at Rs.83.81 Crores, inclusive of 18% GST, from Patiala Loco Works (PLW), Punjab. The contract involves the supply, testing, and commissioning of On-board KAVACH equipment (Ver.4.0).The details regarding the contract award were provided for record purposes, specifying key aspects of the transaction.The awarded contract is with a domestic entity, Patiala Loco Works (PLW), Punjab. The scope of work includes the supply, testing, and commissioning of On-board KAVACH equipment, version 4.0.The company has indicated that the contract is scheduled to be completed on or before April 15, 2027.A detailed overview...

Alok Industries Ltd Board Meeting Scheduled for April 16, 2026 Alok Industries Ltd has scheduled a meeting of its Board of Directors for Thursday, April 16, 2026. The primary agenda for the meeting includes considering and approving the Standalone and Consolidated Audited Financial Results of the company for the quarter and the financial year ending March 31, 2026.ALOKINDS Stock Price Movement As of 9:38 AM, shares of Alok Industries Limited are slipping by 0.52% in live trading, currently hovering near ₹13.48. The stock has seen activity in the live market, with a total volume recorded at 1.56 million shares.Source:

ABD Maestro Expands Premium Gin Line with Launch of ZOYA PINK Mix Berries Gin ABD Maestro Pvt. Ltd., the super-premium and luxury spirits subsidiary of Allied Blenders & Distillers (ABD), has launched ZOYA Pink Mix Berries Gin. This new addition is described as a small batchled extension to the established ZOYA portfolio.The release of ZOYA PINK coincides with a period of strong momentum in India's premium spirits sector, driven by consumers embracing experimentation with cocktails and craft-led offerings. Consumer demand in India is increasingly favoring flavor-forward profiles, visual appeal, and elevated drinking experiences, positioning the market as a leading global destination for spirits.ZOYA Pink Mix Berries Gin artfully...

RDB Infrastructure And Power Ltd Announces CFO Resignation RDB Infrastructure And Power Ltd, formerly known as RDB Realty & Infrastructure Limited, announced that Mr. Aman Sisodia has resigned from his position as Chief Financial Officer (CFO) of the Company. The resignation is effective from the closure of business hours on April 8, 2026.The resignation from the CFO role was tendered by Mr. Aman Sisodia, who was serving in the capacity as Company Secretary and Compliance Officer, alongside the interim CFO role.The details surrounding the change in the CFO position are summarized below:DetailInformationReason for ChangeResignation of Mr. Aman Sisodia from the position of Chief Financial Officer (CFO) due to pre occupation...

Lupin Ltd Grants Stock Options to Employees Lupin Ltd announced that its Nomination and Remuneration Committee approved the granting of stock options to its employees on April 9, 2026. The options are associated with the Lupin Employees Stock Option Plan 2011.The company granted a total of 6,495 stock options to employees. Each option carries an exercise price of ₹ 2.00.The details of the option grant are presented below:Sr. No.Name of PlanNo. of Options1Lupin Employees Stock Option Plan 20116,495Total6,495Upon vesting, one stock option grants the grantee the right to subscribe to one equity share of the Company at a value of ₹ 2.00 each. The vesting schedule for these stock options is structured as 25%:25%:25%:25%...

Anant Raj Limited Enters Supplementary Agreement with Destination Properties Private Limited Anant Raj Limited has finalized a Supplementary Agreement modifying the terms of an existing collaboration arrangement with Destination Properties Private Limited. This agreement pertains to the development of a residential group housing project located in Gurugram, Haryana.The supplementary agreement modifies the initial collaboration arrangement that was dated November 26, 2021.The project is slated for development as a Group Housing Project over an aggregated land parcel measuring approximately 5.0875 acres. Of this total area, Destination Properties Private Limited is contributing 2.25 acres.Key provisions outlined in the new agreement...

Steel Exchange India Reports ₹ 28 Crore Debt Repayment Over Two Quarters Steel Exchange India Limited, a prominent integrated steel manufacturer in South India and provider of TMT rebars under the 'SIMHADRI TMT' brand, has announced a significant reduction in its debt obligations. The company successfully repaid approximately ₹ 28 Crores over the last two quarters.The firm had previously availed credit facilities, encompassing term loans and Non-Convertible Debentures (NCDs), in September 2025 to facilitate its operational and expansion initiatives. The repayment underscores the company's focus on strengthening its balance sheet and maintaining financial discipline.During the period spanning October 2025 to March 2026, the repayment...