Markets

Mahindra Logistics Announces FY26 Results; Recommends Dividend, Re-appoints Independent Director Mahindra Logistics Ltd. today announced the annual audited consolidated and standalone financial results for the financial year ended March 31, 2026. The company also announced key corporate decisions, including the recommendation of a final dividend and the re-appointment of Mr. Ameet Hariani as an Independent Director, pending member approval at the ensuing Annual General Meeting (AGM).The Board of Directors convened on April 23, 2026, and approved the release of the annual results, confirming that the Statutory Auditor, Deloitte Haskins & Sells LLP, issued an unmodified opinion on the Standalone and Consolidated Financial Results for...

Indian Energy Exchange Reports Strong Financial Results for FY26, Announces Dividend Indian Energy Exchange Limited (IEX) has announced its audited financial results for the Financial Year and Fourth Quarter ending March 31, 2026. The company reported significant year-over-year growth, alongside key updates on India's power and gas trading markets.IEX’s performance in FY'26 saw the exchange achieve record operational metrics, including the highest ever traded electricity volume. The Board of Directors also announced a final dividend of INR 2/-, equivalent to 200% of the face value of the equity share.Financial Highlights for IEX IEX reported robust increases in both its standalone and consolidated revenue and profit after tax (PAT)...

Tube Investments Partners in Funding Round for 3xper Innoventure Limited Tube Investments of India Limited (TII) has entered into a Supplementary Agreement with 3xper Innoventure Limited and Mr. N Govindarajan, formalizing a significant investment in the startup’s operations. The agreement details investments of Rs. 75 Cr by TII and Rs. 25 Cr by Mr. N Govindarajan toward the subscription of Compulsorily Convertible Preference Shares (CCPS).The investment is designed to help scale up the operations of 3xper and its subsidiary, with 3xper operating in the business of Contract Development and Manufacturing Operations within the pharmaceutical industry.Agreement Details and Investment Structure The Supplementary Agreement outlines the...

Yes Bank Receives ESG Score of ' 70 ' from ESG Risk Assessments and Insights Limited Yes Bank Limited has received an Environmental, Social and Governance (ESG) Score of ' 70 ' from ESG Risk Assessments and Insights Limited, a SEBI registered ESG Rating Provider. The rating was assigned following an email received by the bank on April 22, 2026.According to the information, YES BANK clarified that the company has not engaged ESG Risk Assessments and Insights Limited for ESG Ratings. The assessment of the ESG Rating was conducted independently by the provider, utilizing publicly available information.The assignment of the ESG Score marks a material development regarding the bank's environmental, social, and governance profile...

CIE Automotive India Ltd Announces Q3 FY26 Results; Approves Merger of Subsidiary CIE Automotive India Ltd has released its unaudited financial results for the quarter ended March 31, 2026. The company also announced its board's approval of a restructuring proposal involving the merger of a wholly owned subsidiary, CIE Aluminium Casting India Limited, into the parent company.The Board of Directors of CIE Automotive India Ltd, at its meeting held on April 23, 2026, also recommended a final dividend of INR 7.00 per Equity Share of INR 10 each fully paid up for the financial year ending December 31, 2025.Financial Performance Highlights The company released both standalone and consolidated results, showing significant figures for the...

Gujarat Hotels Ltd. Board Approves FY2026 Results and Recommends Dividend Gujarat Hotels Ltd. announced key outcomes from its Board of Directors meeting held on April 23, 2026. The Board approved the audited financial results for the quarter and the full twelve-month period ended March 31, 2026, and recommended a final dividend for the fiscal year.The Board approved the audited financial results for the Quarter and Twelve Months ended March 31, 2026. Management also approved the audited Balance Sheet as of March 31, 2026, and the audited Statement of Cash Flows for the twelve months ending March 31, 2026.The company's statutory auditors, Messrs. K C Mehta & Co. LLP, issued a report on these financial results, providing an unmodified...

PAE Ltd Approves Recommended Bonus Issue of Equity Shares PAE Ltd announced on April 23, 2026, that its Board of Directors has approved the recommended issue of bonus equity shares. The measure is set to be issued to public shareholders (excluding the Promoter and Promoter Group) to bolster the company's public shareholding structure.During the Board Meeting held on Thursday, April 23, 2026, the company sanctioned the issuance of bonus equity shares in a ratio of 6:1. This means that public shareholders will receive 6 new fully paid-up equity shares of Rs. 10 each for every 1 existing fully paid-up equity share they hold.Financial Details and Capital Structure The bonus issue will be funded through the capitalization of free...

PAE Ltd Approves Financial Results, Recommends Dividend, and Boosts Capacity with Bonus Issue PAE Ltd announced several material corporate decisions following its board meeting on April 23, 2026. The company approved its audited standalone financial results for the quarter and year ended March 31, 2026. The Board also recommended a final dividend, a substantial bonus equity share issue, and significant alterations to the company’s Memorandum of Association, positioning it for expansion into the ethanol and renewable energy sectors.Financial Performance and Dividend Recommendation The Board of Directors recommended a final dividend of Rs. 0.20 (Twenty Paise) per equity share of the face value of Rs. 10 each for the financial year...

Go Digit General Insurance Ltd Reschedules Q4 and FY2026 Results Conference Call Go Digit General Insurance Limited announced a revised timing for its upcoming Conference Call regarding the Q4 and Financial Year 2026 (FY2026) results. The call, which was previously scheduled for April 28, 2026, has been updated.The company confirmed that the timing of the earnings call has been revised from 6:30 P.M. (IST) to 6:00 P.M. (IST) on Tuesday, April 28, 2026. All other details pertaining to the event remain unchanged.The details of the scheduled results conference call are as follows:EventDateRevised Time (IST)Q4 & FY2026 Results Conference CallTuesday, April 28, 20266:00 P.M. (IST)The company also provided universal access...

Rajesh Kumar Agarwal Appointed Director (Finance) on Board of Power Finance Corporation Ltd Power Finance Corporation Limited (PFC), a Government of India Undertaking, has announced the assumption of charge of Shri Rajesh Kumar Agarwal as Director (Finance) on its Board. The appointment was made following communication from the Ministry of Power, Government of India, citing the company's Articles of Association.Shri Rajesh Kumar Agarwal assumed the role of Director (Finance) on April 23, 2026. This appointment is for a period of five years, effective from the date of assumption of charge or until further orders.The details regarding the assumption of charge are as follows:AreaDetailDirector NameShri Rajesh Kumar Agarwal (DIN...

Jonjua Overseas Ltd Approves Financial Results for Quarter and Year Ended March 31, 2026 Jonjua Overseas Limited, a company listed and traded on the BSE SME, announced on April 23, 2026, that its Board of Directors approved the financial results for the quarter and the full year ended March 31, 2026.The Board meeting, held on April 23, 2026, also approved various reports and reviewed the day-to-day activities of the company. The financial statements are presented in Lakhs of Rupees, with the exception of the Earnings Per Share (EPS) and related party statements.Audited Financial Results Overview The standalone financial statements for the quarter and year ended March 31, 2026, underwent an audit by Jain & Associates Chartered...

Anlon Technology Solutions Reports Strong Growth, Highlights Shift to Indigenous Manufacturing and Global Partnerships Anlon Technology Solutions Limited, an engineering solutions company specializing in airport, civil, and municipal infrastructure equipment, reported robust financial growth for the fiscal year 2026. The company detailed its strong performance, driven by indigenous manufacturing, expansion into specialized airport infrastructure projects, and the establishment of international manufacturing partnerships.Anlon operates on a hybrid business model, combining Original Equipment Manufacturer (OEM) partnerships with extensive in-house capabilities covering design, manufacturing, assembly, supply, and refurbishment. The firm...

Star Cement's Subsidiary Acquires Stake in Jaitaran Renewable Power for Energy Diversification Star Cement Limited has announced a strategic move into the renewable energy sector through its subsidiary, Star Cement North East Limited (SCNEL). SCNEL has successfully acquired 100% shareholding of Jaitaran Renewable Power Private Limited (JRPPL) from its existing shareholders.With this acquisition, JRPPL has become the wholly owned subsidiary of SCNEL, positioning it as a step down subsidiary of Star Cement Limited. The company states that the acquisition aims to diversify the group's business operations and strengthen its initiatives within the renewable energy vertical.The transaction was completed with the transfer of shares on...

Dr. Lal PathLabs to Hold Board Meeting to Approve FY2025-26 Results and Consider Final Dividend Dr. Lal PathLabs Ltd. has announced that its Board of Directors will convene a meeting to review the financial performance of the company. The meeting is scheduled for Thursday, April 30, 2026.During this board meeting, the primary agenda includes the consideration and approval of the Audited (Standalone and Consolidated) Financial Results of the Company for the Quarter and the full Financial Year ended on March 31, 2026.In addition to the financial results review, the Board of Directors will also consider and recommend the declaration of a Final Dividend, if any, on the company's Equity Shares for the Financial Year 2025-26.LALPATHLAB...

Himadri Speciality Chemical Recommends Final Dividend of Re 0.80 Per Share for FY 2025-26 Himadri Speciality Chemical Limited announced that its Board of Directors recommended a final dividend for the financial year 2025-26. The recommendation was made during the Board meeting held on April 23, 2026.The company proposed a final dividend of Re 0.80 per equity share, based on a face value of Re 1 per equity share. This recommended payout constitutes 80% of the face value of the equity share.The dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM). Should the dividend be declared by the shareholders at the AGM, the payout is scheduled to be paid within 30 days from the date of declaration...

Khaitan Chemicals & Fertilizers Ltd Approves Re-appointment of Utsav Khaitan as Joint Managing Director Khaitan Chemicals & Fertilizers Ltd announced a key corporate governance development following its Board of Directors meeting held on April 23, 2026. The Board considered and approved the re-appointment of Mr. Utsav Khaitan as the company's Joint Managing Director (JMD).The re-appointment is set to take effect from May 1, 2026, and remain in place until April 30, 2029. The appointment, however, remains subject to the approval of the company's Shareholders.The company confirmed that Mr. Utsav Khaitan is not debarred from holding the office of Director by virtue of any order from the Securities and Exchange Board of India (SEBI) or...

Mahindra Logistics Reports 15% Revenue Growth for FY26; Profitability Returns Mahindra Logistics Ltd. announced its audited consolidated financial results for the quarter and financial year ended March 31, 2026. The company reported robust revenue growth of 15% for the full fiscal year (FY26).The full-year consolidated revenue reached ₹6,999 crores, marking a significant increase compared to the ₹6,105 crores recorded in FY25. Operational discipline and performance improvements were key drivers behind the results, with the company achieving a return to profitability.Financial Performance Summary The financial results for the year and the fourth quarter (Q4) show substantial year-over-year improvements across key metrics...

Marushika Technology Limited Penalized by ROC Delhi I for Non-Compliance in Filing Corporate Forms Marushika Technology Limited has received a Show Cause Notice from the Registrar of Companies (ROC), Delhi I, detailing penalties imposed for non-compliance with the Companies Act, 2013. The matter pertains to the filing requirements for the financial year 2023-24.The company had initiated an application for adjudication concerning the failure to file the required AOC-4 CFS under Section 137(3) of the Companies Act, 2013.The ROC, Delhi I, issued the Show Cause Notice dated April 22, 2026, following the review of the company's submissions. The notice outlines that while the Company filed Form AOC-4 on October 25, 2024 (vide SRN...

NCLT Sanctions Scheme of Amalgamation for Vipul Limited and Five Wholly Owned Subsidiaries The National Company Law Tribunal (NCLT) has sanctioned the Scheme of Amalgamation, approving the merger of five wholly owned subsidiaries into Vipul Limited. The order, delivered on April 17, 2026, allows for the consolidation of the five subsidiaries' businesses and undertakings into the parent entity, Vipul Limited, thereby strengthening its operational platform and improving its overall financial structure.The Tribunal passed the order under Sections 230 to 232 of the Companies Act, 2013, for Company Petition No. CP (CAA) 31/ND/2024, which connected with Company Application No. CA (CAA) 52/ND/2023.Scope of the Amalgamation The scheme...

Deepak Builders and Engineers Ltd to Hold Board Meeting to Discuss Share Subdivision and Capital Increase Deepak Builders and Engineers India Ltd is scheduled to hold a meeting of its Board of Directors on Tuesday, April 28, 2026. The board meeting is convened to consider and approve significant corporate actions affecting the company's capital structure.The primary items listed for consideration and approval at the meeting include the sub-division of the company's Equity Shares. This action is proposed pursuant to the provisions of Section 61(1)(d) of the Companies Act, 2013.Additionally, the board is tasked with considering and approving an increase in the Authorised Share Capital of the company, which is subject to necessary...