Markets

PNB Housing Finance Limited Announces Audited FY26 Results and Recommends Final Dividend PNB Housing Finance Limited announced the approved audited financial results for the quarter and the financial year ended March 31, 2026, following a Board meeting held on April 20, 2026. The Board of Directors recommended a final dividend of INR 8 per equity share of face value of INR 10 each for the fiscal year.The company submitted comprehensive audited financial results, including both standalone and consolidated statements, alongside cash flow data for the quarter and the year ending March 31, 2026.Financial Highlights (Year Ended March 31, 2026) The audited financial results show the following key performance indicators for the full year...

Sutlej Textiles' Special Resolution to Approve Employee Stock Option Scheme Passes Shareholder Vote Sutlej Textiles and Industries Ltd. announced on April 20, 2026, that a Special Resolution concerning the approval of its Employee Stock Option Scheme 2026 has been successfully approved by the members of the company. The results were determined through a remote e-voting process conducted between March 21, 2026, and April 19, 2026.The resolution, classified as Special Business, was designed to approve the "Sutlej Textiles and Industries Limited - Employee Stock Option Scheme 2026." Based on the scrutiny report submitted by the appointed Scrutinizer, the company confirmed that the resolution secured the requisite majority support from...

CCI Gives Greenlight to Mega Merger: Vishakha Group Consolidates Renewables and Pipes Division The corporate landscape of India’s renewable energy sector saw a major development on April 20, 2026. The Competition Commission of India (CCI) has approved a significant proposed restructuring and merger within the Vishakha Group. This move aims to consolidate and integrate Vishakha Renewables Pvt. Ltd.'s (VRPL) diverse business lines into Vishakha Glass Private Limited (VGPL).The approval of this complex transaction marks a strategic consolidation play. It is set to merge several key operational units, strengthening the market presence of the combined entity. The ultimate merger of VRPL with and into VGPL is the defining outcome of this...

Vishal Mega Mart Subsidiary Airplaza Retail Holdings Penalized for Food Safety Violations in Rayagada Vishal Mega Mart Limited reported that its subsidiary, Airplaza Retail Holdings Private Limited, received a penalty order from a local court regarding alleged violations of the Food Safety and Standards Act, 2006.The penalty was imposed by the Court of the Adjudicating Officer, Food Safety-cum-Additional District Magistrate (Revenue) in Rayagada. The order was received on April 20, 2026.The violation stemmed from an inspection conducted by the Food Safety Officer at the Subsidiary's store in Rayagada on May 19, 2025. Following this inspection, the Food Safety Officer filed a complaint alleging the contravention of food safety...

Choice International Limited to Host Q4 and FY26 Earnings Call Choice International Limited announced an earnings conference call to discuss its financial performance for the quarter and the full year ended March 31, 2026. The management of the company has scheduled the event for Friday, April 24, 2026, at 04:00 PM IST.The call aims to review the company's audited Standalone and Consolidated Financial Results for the quarter and the corresponding financial year.The event will feature key management participants, including Mr. Arun Poddar, Group CEO, and Mr. Ayush Sharma, Head IR.Participants can join the conference call using the following dialing details:Type of CallDetailsUniversal Dial-In Number+91 22 6280 1221 / +91 22...

Interworld Digital Ltd. Appoints Faizal Bavaraparambil Abdul Khader as Additional Director Interworld Digital Ltd. announced the appointment of Mr. Faizal Bavaraparambil Abdul Khader as an Additional Director. The company’s Board of Directors approved the appointment during a board meeting held on Monday, April 20, 2026.The appointment was approved based on the recommendation of the Nomination & Remuneration Committee, granting Mr. Khader the position of Additional Director (Non-Executive/Non Independent) with immediate effect from April 20, 2026.Profile Details of the New DirectorDetails regarding Mr. Faizal Bavaraparambil Abdul Khader were provided following the board meeting. He brings substantial experience to the role, having...

Mohammed Jaffar Resigns as CFO of Blue Water Logistics Limited Blue Water Logistics Limited announced the resignation of its Chief Financial Officer (CFO), Mr. Mohammed Jaffar. The CFO stepped down from the post of Chief Financial Officer with effect from April 20, 2026, at the close of business hours.Mr. Mohammed Jaffar formally resigned from his position at Blue Water Logistics Limited, stating that the move was due to professional commitments.The transition is effective from April 20, 2026.Blue Water Logistics Limited, previously known as Blue Water Logistics Private Limited, also reported that Lalit Panda serves as the Managing Director of the company. The company is listed under the NSE symbol BLUEWATER.BLUEWATER Stock...

NSE Imposes Penalty of ₹7,68,474.32 on IIFL Capital Services Limited for Client Code Modification IIFL Capital Services Limited, formerly known as IIFL Securities Limited, has reported receiving a monetary penalty from the National Stock Exchange of India Limited (NSE). The penalty pertains to the company's capacity as a Trading Member regarding client code modification procedures.The company confirmed that the NSE imposed a penalty of ₹7,68,474.32 in connection with the matter.The details regarding the action taken by the NSE are summarized below:ParticularDetailAuthority Imposing PenaltyNational Stock Exchange of India Limited (NSE)Nature of ActionPenalty imposed in relation to Client Code Modification.Penalty...

NELCO Limited Announces Financial Results and Recommends Final Dividend for FY 2026 Nelco Limited announced the key outcomes of its Board of Directors meeting held on April 20, 2026, releasing the audited financial results for the financial year ended March 31, 2026. The Board also recommended a final dividend, subject to the subsequent approval of the company’s shareholders.The meeting saw the formal approval and recording of the Consolidated and Standalone Audited Financial Results for the fiscal year ended March 31, 2026.Audit Confirmation and Financial Overview The statutory auditors, S.R. Batliboi & Associates LLP, issued Audit Reports providing an unmodified opinion on the audited financial results for the financial year ended...

Prima Plastics Ltd Announces Scheme of Arrangement; Prima Innovation Ceases Subsidiary Status Prima Plastics Ltd has announced a Scheme of Arrangement involving Prima Innovation Limited. The transaction resulted in the allotment of equity shares to Prima Plastics' shareholders and the subsequent reduction of Prima Innovation Limited's paid-up capital, effective April 20, 2026.On April 20, 2026, the Board of Prima Innovation Limited held a meeting and allotted 1,10,00,470 equity shares, each having a face value of INR 5, to the shareholders of Prima Plastics Ltd. The allotment was made to shareholders as of the record date, April 17, 2026, under the terms of the Scheme of Arrangement.The Scheme also dictates a reduction of Prima...

String Metaverse Limited Promoters to Undertake Offer for Sale of Equity Shares String Metaverse Limited announced a proposed Offer for Sale (OFS) of its equity shares by its promoter group. The transaction aims to sell a portion of the company's paid-up equity share capital through the stock exchange mechanism.The promoter group consists of Spacenet Enterprises India Limited, Yaralagadda Venkat Subba Rao, Lanka Divyabharathi, and Pendurthi Annapurna. Collectively, the sellers propose to offer up to 38,10,000 Equity Shares of String Metaverse Limited. These shares represent 3.27% of the total paid-up equity share capital of the Company.The proposed offer is scheduled to take place on two dates: April 21, 2026 (T day) for non-Retail...

Amic Forging Ltd Approves Allotment of 8 Lakh Shares and Appoints New Non-Executive Director The Board of Directors of Amic Forging Ltd held a meeting on Monday, April 20, 2026, approving significant business matters, including the allotment of 8,00,000 equity shares through the conversion of warrants and the appointment of a new Non-Executive Non-Independent Director.Allotment of Equity Shares via Warrant Conversion The Board approved the allotment of 8,00,000 equity shares, each having a face value of Rs. 10/-, at an issue price of Rs. 1211/- per share (including premium). This allotment is made pursuant to the conversion of 8,00,000 convertible warrants previously issued to the company.The process involved two stages of...

Bajaj Finserv's Insurance Subsidiaries Report Premiums for March 2026 Bajaj Finserv Limited provided details concerning its unlisted insurance subsidiaries, Bajaj General Insurance Limited and Bajaj Life Insurance Limited, reporting key premium data for March 2026, comparing it against the figures from March 2025.Bajaj General Insurance Limited Performance For the unlisted insurance subsidiary, Bajaj General Insurance Limited, the Gross Direct Premium underwritten figures showed specific increases when comparing the two financial years. The data, presented in Rupees (Rs. in crore), highlights the following trends:ParticularsMarch 2026March 2025Up-to-the month March 2026Up-to-the month March 2025Gross Direct Premium...

HCL Tech Appoints Kimsuka Narsimhan as Independent Director HCL Technologies Limited has announced the appointment of Ms. Kimsuka Narsimhan as an Independent Director, effective April 20, 2026. This appointment, which was recommended by the Nomination and Remuneration Committee, grants her status as an Additional Director to the Board of the Company.Ms. Narsimhan will serve a term of five consecutive years, starting from April 20, 2026, and concluding on April 19, 2031.The board also utilized this opportunity to reconstitute both the Audit Committee and the Risk Management Committee, with Ms. Narsimhan joining as a member of both specialized committees.Extensive Corporate Governance Experience A Chartered and Cost Accountant by...

International Travel House Ltd. To Hold Board Meeting to Review FY 2026 Results and Consider Final Dividend International Travel House Ltd. has scheduled a meeting of its Board of Directors for Monday, April 27, 2026. The board meeting is set to consider critical corporate and financial matters for the company.The agenda for the meeting includes two primary areas of focus. Firstly, the board will consider and approve the Audited Financial Results of the Company. This review will cover the Quarter and the Twelve months ended March 31, 2026.Additionally, the board is scheduled to consider and recommend the Final Dividend for the financial year ended March 31, 2026.The board meeting will address the following key financial documents...

PNB Housing Finance Posts 18.3% YoY Net Profit Growth; Assets Exceed INR 90,000 Crore Milestone PNB Housing Finance Limited (PNB Housing) today announced its consolidated audited financial results for the fourth quarter and the full financial year ended March 31, 2026. The Board of Directors approved the results, reporting robust growth in net profit and a significant milestone in Assets Under Management (AUM).Key Financial Performance Metrics The company reported strong year-on-year growth across key operational metrics for Q4 FY26 and FY26.ParticularsQ4 FY26Q4 FY25Growth (%)FY26FY25Growth (%)Loan Assets87,34775,76515.3%87,34775,76515.3%Disbursement9,3556,85436.5%26,54821,97220.8%Net Interest...

SEBI Issues Administrative Warning to SK Minerals & Additives Ltd Over IPO Disclosure Lapse SK Minerals & Additives Ltd, which was formerly known as SK Minerals & Additives Private Limited, has confirmed receiving an Administrative Warning from the Securities and Exchange Board of India (SEBI). The warning was issued following SEBI's examination of the company's SME Initial Public Offering (IPO).The communication, dated April 16, 2026, highlighted a lapse in the accuracy of corporate disclosures within the Offer Document. Specifically, SEBI observed that the tenure of the loan received from related parties was incorrectly disclosed in the document. The tenure was listed as 'Not Applicable' when it should have indicated 'on or before...

Deepak Fertilizers and Petrochemicals Corporation Limited Announces Change in Human Resources Leadership Deepak Fertilizers and Petrochemicals Corporation Limited announced a change in its senior management structure, noting the resignation of Mr. Romy Sahay and the interim appointment of Mr. Naresh Pinisetti to head the Human Resources function.Mr. Romy Sahay has resigned from his position as President - Human Resources and Senior Management Personnel. His resignation is effective from April 19, 2026, allowing him to pursue opportunities outside the company.Following Mr. Sahay’s departure, Mr. Naresh Pinisetti, currently serving as President - Corporate Governance, has assumed responsibility for leading and managing the Human...

Innovassynth Technologies to Raise Up To ₹ 70 Crore Through Rights Issue to Shareholders Innovassynth Technologies (India) Ltd, formerly Innovassynth Investments Limited, has announced plans to raise capital through a Rights Issue to its eligible equity shareholders.The company's Board of Directors, in a meeting held on March 27, 2026, approved the offer and subsequent issuance of fully paid-up equity shares. This Rights Issue is slated to aggregate up to ₹ 70,00,00,000 (Rupees Seventy Crores only).The Board approved the mechanism for distributing these equity shares via a Rights Issue to the existing equity shareholders of the company.In connection with this capital raise, the Right Issue Committee of Innovassynth Technologies...

ICICI Prudential Asset Management Company Receives SEBI Settlement Order Regarding Venture Capital Fund ICICI Prudential Asset Management Company Ltd announced on April 20, 2026, that it received a settlement order from the Securities and Exchange Board of India (SEBI). The order, dated April 16, 2026, pertains to a suo motu settlement application filed by the Company on September 17, 2025, under the SEBI (Settlement Proceedings) Regulations, 2018.The settlement proceedings relate to the winding up and liquidation of the ICICI Prudential Real Estate Scheme - I, which was structured under the ICICI Prudential Venture Capital Fund (IPVCF).Background of the Settlement The settlement addresses the history and liquidation of the IPRES...