Markets

Indian Overseas Bank Board Meeting Scheduled to Review Audited Financial Results for March 2026 Indian Overseas Bank has announced that its Board of Directors will hold a meeting to consider the audited financial results for the Quarter and the Year ended March 31, 2026. The board meeting is scheduled for Wednesday, April 29, 2026, in Chennai.The meeting is convened primarily to review the bank's financial performance, covering both Standalone and Consolidated Audited Financial Results for the period ending March 31, 2026.In addition to the announcement regarding the financial review, the bank also confirmed the closure of the trading window for its Designated Persons and their immediate relatives. The trading window has been closed...

Valiant Laboratories Reports Resignation of QC Manager Bhanudas D. Patil Valiant Laboratories Limited confirmed the resignation of its Quality Control (QC) Manager, Mr. Bhanudas D. Patil, effective April 22, 2026. The company announced the departure of the senior management personnel, attributing the move to Mr. Patil's personal commitments.The resignation notice confirms that Mr. Bhanudas D. Patil tendered his resignation on April 22, 2026. He will be officially relieved from the services of Valiant Laboratories Limited by the closure of business hours on the same day.According to the details provided, the change in personnel is categorized as a resignation from the position of QC Manager due to personal commitments.The key...

EPACK Durable Ltd Reports Resignation of Executive Director and Group CFO, Narayan Lodha EPACK Durable Ltd has announced the resignation of Mr. Narayan Lodha from his key positions within the organization. Mr. Lodha, who served as Executive Director and Group CFO, tendered his resignation, effective from the close of business hours on April 30, 2026.The company confirmed that the resignation marks Mr. Narayan Lodha's cessation from his roles at EPACK Durable Ltd. According to the details provided, Mr. Lodha stated that his decision stemmed from a desire to pursue another professional opportunity that aligns with his long-term growth and career aspirations.The resignation confirms that Mr. Narayan Lodha, bearing DIN: 02338333, will...

Aurum PropTech Surpasses ₹500 Cr ARR, Reports Second Consecutive Profitable Quarter Aurum PropTech Limited has achieved a significant milestone by crossing the ₹500 crore Annualised Recurring Revenue (ARR) threshold, marking a landmark moment for Indian PropTech. The company also announced its second consecutive quarter of profitability, driven by robust unit economics and AI-led platform transformation.The company’s audited financial results for the quarter and year ended March 31, 2026, show substantial growth across key metrics.Consolidated Financial Highlights For the quarter ended March 31, 2026, the company reported total income of ₹135 crore, showing a 72% Year-over-Year (YoY) increase compared to Q4 FY2025 (₹78 crore)...

Aurum PropTech Crosses ₹500 Cr ARR Milestone, Reports Second Consecutive Profitable Quarter Aurum PropTech Limited has announced major financial milestones, confirming that the company has surpassed the ₹500 crore Annualised Recurring Revenue (ARR) threshold, marking a significant development for the Indian PropTech sector. The company also reported its second consecutive profitable quarter.The financial results for the quarter and year ended March 31, 2026, highlighted robust year-over-year growth and operational improvements.Financial Performance Highlights The consolidated audited results showed substantial growth across key metrics.Consolidated Financial Highlights - Q4 FY2026ParticularsQ4 FY2025Q4 FY2026YoY ChangeTotal...

Morarka Finance Announces Dividend Recommendation, Board Changes, and 41st AGM Details Morarka Finance Ltd announced key corporate developments following its Board of Directors meeting held on Thursday, April 23, 2026. During the meeting, the Board adopted the company's audited financial results and recommended a dividend while also noting changes in key management personnel and the board's committee structure.Financial Results and Dividend Recommendation The Board of Directors formally adopted the Audited Standalone Financial Results for the quarter and year ended March 31, 2026, along with the Auditor's Report, which provided an Unmodified Opinion.Regarding shareholder returns, the Board recommended a dividend of Rs. 1.5/- per...

Morarka Finance Announces Audited Financial Results for March 2026 Morarka Finance Ltd. has released its audited financial results and statement of assets and liabilities for the quarter and year ended March 31, 2026. The company's financial reports, which include the Statement of Assets and Liabilities and Cash Flow Statement, were reviewed by the Board of Directors on April 23, 2026.The audit report issued by Jayesh Dadia & Associates LLP confirmed that the financial results for the period and the quarter ended March 31, 2026, bear an Unmodified Opinion.Financial Performance Highlights The audited financial results reveal significant figures for the fiscal year 2025 to 2026.Based on the Statement of Audited Financial Results...

Azad Engineering Inaugurates 7,600 Sq. M Lean Manufacturing Facility for Baker Hughes in Hyderabad Azad Engineering, a precision engineering firm, marked a significant operational milestone with the inauguration of a 7,600 sq. m. next-generation lean manufacturing facility. The new Centre of Excellence, located in Tunikibollaram, Hyderabad, was built to support growing commitments to the global energy technology company, Baker Hughes, aligning with global manufacturing standards.The facility's inauguration ceremony was attended by several industry leaders, including Shri. D. Sridhar Babu, Hon'ble Minister for Industries & IT, Government of Telangana, Shri. K. Shashanka, VC & MD of TGIIC, Shri. V Madhusudan, Director, Investment...

Sterling and Wilson Renewable Energy Concludes FY26 with Record Revenue and 43% Order Growth Sterling and Wilson Renewable Energy Limited (SWREL) announced its audited financial results for the fourth quarter and the Financial Year ended March 31, 2026. The results highlighted a year of significant operational milestones, recording the highest annual revenue and quarterly profit after tax (PAT) since the company’s listing.The company achieved a historic turnover of INR 7,548 crore in the fiscal year, reflecting a steady ~20% year-over-year (YoY) growth in the top line.Record Performance Highlights SWREL reported key financial and operational metrics that signal robust market positioning and execution excellence:MetricValueYoY...

Morarka Finance Board Approves Dividend, Announces Leadership Transition Morarka Finance Ltd. announced several key corporate developments following a Board of Directors meeting held on April 23, 2026. The Board adopted the audited financial results for the quarter and year ended March 31, 2026, and recommended a dividend payout.The Board of Directors also noted the resignation of Ms. Kalluri Savitha Rao, Non-Executive Director, effective April 13, 2026.Leadership and Governance Updates A significant change in leadership was approved at the meeting. Mr. Pranay G. Morarka (DIN: 03272263) was appointed as the Managing Director and Additional Director of the Company. This appointment, subject to shareholder approval at the 41st Annual...

Tips Music Limited Reports 93% PAT Growth and 32% Revenue Jump in Q4 FY26 Mumbai, April 23, 2026: Tips Music Limited, formerly known as Tips Industries Limited, announced its financial results for the quarter ending March 31, 2026. The leading Indian music label reported significant growth, noting a 32% year-on-year (y-o-y) increase in Revenue from Operations and a 93% y-o-y surge in Profit After Tax (PAT) for Q4 FY26.In a statement addressing its performance, Mr. Kumar Taurani, Chairman & Managing Director, highlighted the strong growth trajectory. He stated that the impressive performance was driven by robust activity across both digital and non-digital music segments.Q4 FY26 Financial Performance The company's audited financial...

Tata Teleservices Announces Audited Financial Results for FY 2025-2026 Tata Teleservices (Maharashtra) Limited announced the approval of its audited financial results for the fourth quarter and the financial year ended March 31, 2026. The company confirmed that its Board of Directors approved the financial results as per Indian Accounting Standards (IndAS).The audited financial statements provided a comprehensive view of the company's financial performance, covering the quarter ended March 31, 2026, and the full financial year ending March 31, 2026.Financial Performance Overview As per the Statement of Financial Results, the company reported the following figures for the year ended March 31, 2026, and the quarter ended March 31...

KNR Constructions Ltd Receives Rs 32.87 Crores in Claims Settlement from NHAI KNR Constructions Limited has received its share of claims amounting to Rs 32.87 Crores, which includes interest of Rs 6.89 Crores. The payment was received on April 23, 2026.The funds are the result of Settlement Agreements executed between the National Highways Authority of India (NHAI) and BSCPL Infrastructure Limited - KNR Constructions Limited (JV). These agreements were signed on March 30, 2026.The dispute related to the project's Hubli-Hospet section of NH-63, where the matter was previously filed at the Conciliation Committee of Independent Experts (CCIE).The financial details associated with the claim settlement are as follows...

J. Kumar Infraprojects Secures ₹ 2,487.65 Crore in Letters of Acceptance for Metro and Mumbai Projects J. Kumar Infraprojects Ltd has announced that it has received Letters of Acceptance (LOAs) totaling ₹ 2,487.65 crores for major infrastructure projects in Mumbai, spanning contracts with the Mumbai Metro Rail Corporation Limited and the Municipal Corporation of Greater Mumbai (MCGM).The company secured two primary contracts, detailing significant construction and design work in the region.The first Letter of Acceptance is from the Mumbai Metro Rail Corporation Limited. This contract is for the Design and Construction of a Pedestrian Vestibule Underground connecting Science Centre Metro station and Worli Promenade through Mahalaxmi...

Dreamfolks Completes First Phase of Investment in ETT Solutions, Targeting 60.24% Stake Dreamfolks Services Limited has reported the successful completion of the first phase of its planned investment in ETT Solutions DMCC (ETT). The investment, which involves a combination of secondary share purchases and primary subscription, has seen the secondary purchase of shares successfully registered with the Dubai Multi Commodities Centre Authority.Following the completion of this initial stage, Dreamfolks' shareholding in ETT currently stands at 34%.The company stated that the subsequent phase involving the primary subscription will proceed according to agreed timelines. Upon the finalization of the primary subscription, the overall...

Aditya Birla Sun Life AMC Approves Financial Results, Recommends Final Dividend Aditya Birla Sun Life AMC Limited announced the approval of its audited financial results and recommended a final dividend for the year ended March 31, 2026. The Board of Directors approved the results for both the standalone and consolidated entities, reflecting the company’s operational performance.The company’s board meeting was held on April 23, 2026, wherein the financial outcomes for the quarter and year ended March 31, 2026, were sanctioned.Financial Performance Highlights (₹ in crore) The financial results show steady year-over-year growth across both standalone and consolidated operations.The table below summarizes the Total Income and Net...

Quint Digital Launches Time Out India, Announces First Time Out Market in New Delhi Quint Digital Limited (QDL) officially launched Time Out India on April 23, 2026, bringing the globally recognized brand to India’s dynamic cultural markets. This launch, following a franchise agreement announced in May 2025, establishes dedicated platforms for both Delhi and Mumbai.Time Out India provides trusted, first-hand recommendations curated by local expert journalists across various sectors, including food and drink, arts and culture, film, entertainment, and events. As part of Time Out's global network, which spans more than 350 cities in over 50 countries, the platform combines authoritative editorial curation with a multi-channel presence...

Future Consumer Limited Update: NCLT Hearing Adjourned to June 4, 2026 Future Consumer Limited reported an update concerning its ongoing proceedings before the National Company Law Tribunal (NCLT), following a dispute initiated by the State Bank of India (SBI). The matter is a continuation of the company's earlier disclosure regarding the case filed at NCLT (Mumbai).During the hearing, counsel appeared for Future Consumer Limited and argued that the financial creditor had delayed the process by recently serving the amended Form-1. The company’s counsel emphasized that this breach of timeline necessitated additional time for Future Consumer Limited to file a formal reply to the amended form.In response, the counsel for the financial...

Allied Blenders and Distillers Subsidiary Reports Zero Income-Tax Liability Following Tax Order Allied Blenders and Distillers Limited reported a significant development regarding its subsidiary, ABD Dwellings Private Limited. The company announced that ABD Dwellings Private Limited received an order on April 22, 2026, which greatly reduced its outstanding tax liability.The order, which gave effect to the directive from the Commissioner of Income-tax (Appeals), resulted in the entire income-tax liability of Rs. 16,16,16,000 being reduced to zero.The development concerns the status of tax litigation involving the wholly owned subsidiary. The transaction provided a clear resolution to the outstanding tax matter, bringing the company's...

Mahindra & Mahindra Financial Services Approves Issuance of Secured Non-convertible Debentures Mahindra & Mahindra Financial Services Ltd announced that its Committee of Directors, authorized by the Board of Directors, has approved the offer and issuance of Secured, Rated, Listed, Redeemable Non-convertible Debentures. This issuance will be conducted on a private placement basis, operating within the overall borrowing limits approved by the company's shareholders and the Board.The Committee of Directors meeting that approved the issuance was held on Thursday, April 23, 2026.The details regarding the proposed debt securities issuance are outlined below:FeatureDetailSecurity TypeSecured, Rated, Listed, Redeemable...