Markets

Bharat Coking Coal Approves Financial Results and Revisions Price of Washed Coking Coal Bharat Coking Coal Limited (BCCL), a Miniratna Company and a subsidiary of Coal India Limited, announced the outcomes of its Board of Directors meeting held on April 22, 2026. The Board approved the audited financial results for the fourth quarter and the full financial year ended March 31, 2026, alongside key operational decisions regarding the revised pricing of Washed Coking Coal.The Board also approved the waiver of Performance Incentive and Discount in Price to Power Consumers for lifting quantities that exceed 100% of the Annual Contracted Quantity.Audited Financial Performance BCCL released the audited financial results for the quarter and...

L&T Technology Services Concludes Q4 FY26 Earnings Conference Call L&T Technology Services Limited held its Q4 FY26 Earnings Conference Call on Wednesday, April 22, 2026.The earnings conference call took place at 8:00 P.M. IST.Details regarding the session, including the audio recording, are available on the company’s official website.LTTS Stock Price Movement Shares of L&T Technology Services Limited today slipped by 2.59%, settling at ₹3,550.2. The equity experienced a trading day on 97,737 shares, closing well below its previous session's close.

NCLT Approves Reduction of Share Capital for TCFC Finance Limited The National Company Law Tribunal (NCLT), Mumbai Bench, issued an order on April 22, 2026, approving the scheme for the reduction of the equity share capital of TCFC Finance Limited. The approval solidifies changes to the company's share structure, impacting its capital base and share count.The reduction was sought under Section 66 and Section 52 of the Companies Act, 2013.Capital Structure Changes The NCLT's order confirmed the reduction of the company's share capital. The scheme involved cancelling and extinguishing 5,33,334 equity shares of INR 10 each, which were held by the company itself.The financial details of the capital reduction are summarized below...

Force Motors Board Meeting Scheduled to Consider FY 2026 Results and Recommend Dividend Force Motors Ltd has announced that its Board of Directors meeting is scheduled for Wednesday, April 29, 2026. The board meeting is set to address the financial results for the quarter and year ended March 31, 2026, and to consider potential dividend recommendations.The key agenda items slated for consideration include:Financial Review: Considering and approving the Audited (Standalone and Consolidated) Financial Results (AFR) for the quarter and year ended on March 31, 2026. Dividend Recommendation: Considering and recommending a dividend, if any. Any dividend recommendation remains subject to the subsequent declaration by the members at the...

Mindspace REIT Partners with Global Network for Zero to Guide Portfolio Towards Net-Zero Certification Mindspace Business Parks REIT, a major owner of Grade A office assets in India's key commercial markets, has formed a strategic partnership with the Global Network for Zero (GNFZ). This collaboration aims to transition the REIT's entire portfolio to meet net-zero certification standards, marking one of the largest portfolio-level decarbonisation initiatives within India's commercial real estate sector.Mindspace REIT, which owns a total leasable area of 39 million sq. ft. across 4 key office markets, will leverage GNFZ's internationally recognized standards to guide its net-zero journey. This move shifts the focus from individual...

Prizor Viztech Limited Approves Half-Year and Year End Financial Results for March 31, 2026 Prizor Viztech Limited announced the approval of its Audited Financial Results for the Half Year and the full Year ended March 31, 2026, following its Board of Directors meeting held on April 22, 2026.The Board of Directors reviewed and approved the results, which were accompanied by the official Audit Report. M/s M B Jajodia & Associates, Chartered Accountants, confirmed that the audited financial results for the year ending March 31, 2026, received an unmodified opinion.The company’s financial performance details for the period ended March 31, 2026, showed the following key figures:Metric (in Lakhs)31-Mar-2026 (Half Year)31-Mar-2025...

Lemon Tree Hotels Expands Presence with New License Agreements in Raipur and Jalandhar Lemon Tree Hotels Ltd., a leading hospitality chain in India, announced the signing of two new license agreements for its properties in Raipur and Jalandhar. These signings reinforce the company's strategic expansion across Central and North India, addressing the growing demand from both business and leisure travelers in high-growth urban hubs.Both newly signed properties, Lemon Tree Premier in Raipur and Lemon Tree Hotel in Jalandhar, will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.Raipur and Jalandhar Property DetailsThe expansion includes two distinct properties, each designed with...

Oracle Financial Services Software Reports Strong Growth, Reporting Rs. 7,672 Crore Revenue for Fiscal Year 2026 Oracle Financial Services Software Limited today announced its financial results for the quarter and year ended March 31, 2026. The company reported a consolidated revenue of Rs. 7,672 Crore for the Fiscal Year 2026, marking a 12% increase, alongside a net income of Rs. 2,639 Crore, an 11% rise, compared to the prior fiscal year. Furthermore, the company declared a second interim dividend of Rs. 270 per equity share for the financial year 2025-26.For the quarter ending March 2026, Oracle Financial Services Software posted a consolidated revenue of Rs. 2,065 Crore, up 20% year-over-year, and a net income of Rs. 842 Crore, an...

Unimech Aerospace Signs Definitive Agreements to Acquire Hobel Bellows for Capability Boost Unimech Aerospace and Manufacturing Limited has announced that it has signed definitive agreements to acquire Hobel Bellows, a specialized Indian manufacturer. The acquisition is set to accelerate Unimech's capabilities and deepen the company's relevance across high-value industrial sectors, marking a move toward building a globally competitive, capability-led precision engineering platform.The proposed acquisition is noted for reflecting Unimech's focus on disciplined capital allocation and expanding its portfolio beyond core precision components into higher-value engineered assemblies and sub-systems.Profile of Hobel Bellows Hobel Bellows...

IndiaCast Subsidiary Complete Amalgamation Effective April 21, 2026 Reliance Industries Limited has announced a corporate update regarding its subsidiaries. The company reported that IndiaCast Media Distribution Private Limited, which is a wholly-owned subsidiary of Jiostar India Private Limited, completed an amalgamation.The amalgamation of IndiaCast Media Distribution Private Limited with itself was effective on April 21, 2026. The corporate action took place following an order issued by the Regional Director, Western Region, Ministry of Corporate Affairs.RELIANCE Stock Price Movement Today, Reliance Industries Limited shares edged higher, closing at ₹1362.1 after a gain of 0.64%. The stock saw robust activity today, with total...

Adani Green Energy Boosts Renewable Capacity with 292 MW Solar Project Operationalization Adani Green Energy Ltd has achieved a significant milestone in its renewable energy infrastructure, announcing the operationalization of a 292 MW solar power project located in Khavda, Gujarat.The solar project was successfully operationalized by Adani Green Energy Twenty Six A Limited (AGE2 6A L), a wholly owned stepdown subsidiary of Adani Green Energy Limited (AGEL).The capacity expansion marks a major achievement for the group's renewable generation portfolio. With the commissioning of this new plant, AGEL has now reported achieving a total operational renewable generation capacity of 19,585.8 MW and a total operational Battery Energy...

Unimech Aerospace and Manufacturing Teams Up for Investment in Hobel Bellows Unimech Aerospace and Manufacturing Limited, along with its Wholly Owned Subsidiary Innomech Aerospace Toolings Private Limited, has approved a major investment of up to ₹ 450 cr for the acquisition of interest in Hobel Bellows Co., through Hobel Bellows Private Limited.The strategic move involves a staggered acquisition structure. Unimech Aerospace and Manufacturing Limited and Innomech Aerospace Toolings Private Limited will acquire an initial stake of 24% and 76%, respectively, in Hobel Bellows Private limited. Subsequently, Hobel Bellows Private limited will acquire 99.99% of the partnership interest in Hobel Bellows Co.Strategic Rationale and Target...

Bharat Battery Mfg Co, Subsidiary of Dynamic Services, Wins Work Order from South Eastern Railway Dynamic Services & Security Limited, through its wholly owned subsidiary, THE BHARAT BATTERY MFG CO PRIVATE LIMITED, has secured a work order from the PCMM Office, South Eastern Railway, Garden Reach. The contract involves the supply of Low Maintenance Lead Acid Batteries 75Ah intended for use in locomotives (PPCP Containers).The contract awarded by the domestic entity specifies the supply of Low Maintenance Lead Acid Battery 75Ah for locomotives (PPCP Containers). The total value of the contract is Rs. 34,26,543 (Rupees Thirty-Four Lakh Twenty-Six Thousand Five Hundred Forty- Three Only).The work order mandates a specific delivery...

SBI Life Highlights Consistent Growth and Digital Transformation in Insurance Sector SBI Life Insurance Company Limited demonstrated consistent growth and operational efficiencies across its key segments, focusing heavily on digital adoption and robust distribution channels. The company’s financial strength remains underscored by a Solvency Ratio of 1.90x, coupled with a high Overall Death Claim Settlement Ratio of 99.4%.The firm reported a Sustainable Value Accretion of ₹ 66.7 bn, stemming from the value of new business generated. Key operational highlights include the training of 3.6 lacs insurance personnel, emphasizing need-based selling, and the management of 1,230 offices with strong distribution channels.Financial and Product...

L&T Technology Services Reports 14% Growth in Revenue for FY26, Targets 13-15% CAGR Mumbai, April 22, 2026: L&T Technology Services Limited, a global provider of AI, Digital, and Engineering R&D Consulting Services, announced its audited financial results for the fourth quarter and the full year ended March 31, 2026. The company reported a 14% growth in Revenue from Continued Operations for Fiscal Year 2026 (FY26).The financial highlights show significant growth across the board, with the company recommending a final dividend of ₹ 40 per share.Financial Performance Summary The results for the fiscal year and the most recent quarter demonstrate strong year-over-year momentum, particularly within continuing operations.The following...

Shadowfax Technologies Allots Shares Under ESOP Plan 2016; Share Capital Increases Shadowfax Technologies Limited, formerly known as Shadowfax Technologies Private Limited, announced on April 22, 2026, the allotment of equity shares to eligible employees and Employee Stock Option Plan (ESOP) holders. The shares were allotted under the Company's Employee Stock Option Plan 2016 (SFX ESOP 2016).The Company's Board of Directors passed a resolution detailing the allotment of 7,27,452 equity shares. These shares have a face value of Rs. 10/- each and were allotted to employees/ESOP holders who exercised their stock options under the SFX ESOP 2016.The share allotment resulted in an increase in the Company's total issued, subscribed, and...

Umiya Tubes Ltd Secures Order Worth Rs. 9,64,06,000 from Cocreate Global Technologies Umiya Tubes Ltd has secured a major order from Cocreate Global Technologies Private Limited, valued at Rs. 9,64,06,000, including GST. The transaction involves the supply of specialized materials as part of the company's ordinary course of business.The significant order awarded by the domestic entity, Cocreate Global Technologies Private Limited, covers two key materials: Yellow Tungsten Oxide and Ammonium Paratungstate.According to the details provided, the order scope is as follows:Material SuppliedQuantityDelivery TimelineYellow Tungsten Oxide3000 KG (3 MT)On or before May 2, 2026Ammonium Paratungstate2000 KG (2 MT)On or before May 2...

Valencia Nutrition Partners with Awfis Space Solutions to Target Coworking Ecosystem Valencia Nutrition Limited has announced a strategic service agreement with Awfis Space Solutions Ltd. This partnership marks a significant entry of the company's Vitamin-enriched beverage portfolio into India's rapidly expanding coworking market.The collaboration centers on Vitabev’s aluminum can beverage range. The portfolio includes specific products such as Roar Energy Drinks (Classic, Watermelon, Sugar Free), Bootea (Peach Iced Tea), and Lime Leezure (Ginger Lemonade). The line also features various drink mixers, including Ginger Ale, Titonic Classic, and Tonic Elderflower.The initial deployment under this agreement saw the first order of these...

Prudent Corporate Advisory Services Receives GST Notice Regarding Input Tax Credit Prudent Corporate Advisory Services Ltd. has received a notice from the Directorate General of Goods & Service Tax Intelligence (DGGI), Zonal Unit, Ahmedabad, Gujarat. The notice concerns alleged contraventions related to the availment of input tax credit.The notice, identified as Form GST DRC - 01 issued under Section 74 of the CGST/SGST/IGST Act 2017, covers the financial years 2021-22 and 2022-23. The notice was received on April 21, 2026.According to the details, the core allegation centers on the purported availment of certain ineligible input tax credit, which is claimed to be in contravention of the provisions of Section 16(i) of the CGST Act...

Esha Media Research Ltd Announces Resignation of CFO Raman Seshadri Iyer Esha Media Research Ltd has announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Raman Seshadri Iyer. The resignation is effective from the closing of business hours on April 22, 2026.The company stated that Mr. Iyer tendered his resignation due to personal and professional reasons. Esha Media Research Ltd utilized the opportunity to express its sincere appreciation for the services and contributions rendered by Mr. Iyer throughout his tenure as CFO.The material change in key management personnel details is summarized below:DetailDescriptionPersonnelMr. Raman Seshadri IyerRoleChief Financial Officer...