Markets

Pearl Green Clubs and Resorts Board Approves Key Personnel Changes, Welcomes New MD and Secretary The Board of Directors of Pearl Green Clubs and Resorts Ltd announced significant personnel changes following its meeting on April 22, 2026. The board approved the appointment of key managerial personnel and also formally accepted the resignations of two directors.The appointments and resignations cover roles of Company Secretary, Managing Director, and Directors, with effective dates ranging from April 21, 2026, to April 22, 2026.Key Appointments The Board of Directors, following recommendations from the Nomination and Remuneration Committee, approved two major appointments.Ms. Nisha Parbat has been appointed as the Company Secretary...

Indian Bank Board to Meet on April 29 for Financial Results and Capital Planning Indian Bank has scheduled a Board of Directors meeting for Wednesday, April 29, 2026. The meeting agenda is set to cover the audited financial results for the fourth quarter and the financial year ended March 31, 2026, alongside strategic plans for the bank.During the meeting, the directors will consider and approve the Audited Financial Results (Standalone and Consolidated) for the period ending March 31, 2026. Additionally, the board will consider the recommendation for a dividend for FY 2025-26, subject to necessary statutory and regulatory approvals.A third key item on the agenda is a proposal concerning the bank's Capital/Fund Raising plan.In...

Sammaan Capital Limited Receives 'No Objection' From Stock Exchanges for Proposed Scheme of Arrangement Sammaan Capital Limited announced receipt of positive observation letters from both BSE Limited and the National Stock Exchange of India Limited concerning its proposed scheme of arrangement. The clearances are set to facilitate the company's demerger process involving Sammaan Finserve Limited.The scheme details a demerger involving Sammaan Finserve Limited (SFL), which is the transferor company, and Sammaan Capital Limited (SCL), which is the transferee company. The core objective of the arrangement is the demerger of the "Lending business" of SFL as a going concern from SFL to SCL, involving their respective shareholders and...

Capri Global Capital Announces Board Meeting to Approve Financial Results and Boost Borrowing Limits Capri Global Capital Limited announced that its Board of Directors meeting is scheduled for Thursday, April 30, 2026. The meeting will focus on critical corporate decisions, including the review of the company's financial performance and potential capital structure changes.The key agenda items set for the meeting include considering and approving the Audited Standalone and Consolidated Financial Results for the quarter and year ended on March 31, 2026. Furthermore, the board is set to recommend a dividend on the company's equity shares.A significant point of discussion is the proposed increase in the aggregate borrowing limits under...

Ramkrishna Forgings to Hold Board Meeting on May 1 to Consider FY 2025-26 Results and Interim Dividend Ramkrishna Forgings Ltd has announced that its Board of Directors meeting is scheduled for Friday, May 1, 2026. The meeting will address the consideration and approval of the company's audited financial results and the potential declaration of an interim dividend for the financial year 2025-26.During the board meeting, the company aims to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the board is set to consider and declare the 1st Interim Dividend for the Financial Year 2025-26 to the equity shareholders.The company also...

Prakash Steelage Limited Receives Show Cause Notice from SEBI Prakash Steelage Limited confirmed on April 22, 2026, that it has received a Show Cause Notice from the Securities and Exchange Board of India (SEBI). The notice, dated April 21, 2026, addresses allegations concerning violations of various regulations laid out by the SEBI.The notice was issued under Rule 4(1) of the SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995. The core of the matter revolves around alleged violations pertaining to Regulations 4(1)(a), (b), (c), (d), (e), (h), (i), 4(2)(e)(i), 23(9), 33(1)(a), 33(1)(c), and 34(3) of the Listing Obligations and Disclosure Requirements (LODR) Regulations, in addition to Clause B(2) of Schedule V &...

Eveready Industries Inaugurates Alkaline Battery Facility in Jammu, Boosting Domestic Manufacturing Jammu/Kolkata, April 22, 2026: Eveready Industries India Limited, a leader in the dry cell battery segment with over 52% market share, announced the inauguration of India's only operating alkaline battery facility in Jammu. The state-of-the-art facility, unveiled in the presence of the Lieutenant Governor (LG) of the Union Territory of Jammu and Kashmir, Shri Manoj Sinha, marks a significant boost to the company's domestic manufacturing efforts and supports the 'Make in India' vision.The new manufacturing plant is the result of an approximate investment of ₹ 200 crore. The facility is set to significantly enhance India's power solution...

CBI Seizes Documents in Seizure Operation at Reliance Communications Office Officials from the Central Bureau of Investigation (CBI) conducted a seizure operation at the office premises of Reliance Communications Limited on April 21, 2026. Despite the action, the company confirmed that it continues to operate its business in the normal course.The operation took place at the company's premises located at B-Block, Ground Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai-400710.According to details provided, the CBI officials seized certain original records and various documents. These documents pertain specifically to the non-convertible debentures and commercial papers that the company had issued to the Life Insurance Corporation...

Kirloskar Pneumatic Company Ltd Board to Consider Sub-division of Equity Shares Kirloskar Pneumatic Company Ltd has announced that its Board of Directors will hold a meeting to consider the sub-division of the company's equity shares.The board meeting is scheduled for Monday, April 27, 2026. During this meeting, the directors are set to consider the sub-division of the company's equity shares, which currently have a face value of Rs. 2/- each.The company also provided an update regarding the trading period for its securities. The trading window for dealing in Kirloskar Pneumatic Company Ltd shares has been closed since April 1, 2026, and is expected to remain closed until Wednesday, April 29, 2026.KIRLPNU Stock Price Movement...

EPL Limited Issues and Allots Commercial Papers Worth Rs. 60 Crore EPL Limited announced the issuance and allotment of Commercial Papers (CPs) aggregating to Rs. 60 Crore. The transaction, which took place on April 22, 2026, provides details regarding the security's allotment and maturity structure.The Company allotted the Commercial Papers under the ISIN INE255A14742. According to the details provided, the size of the issue totaled Rs. 60 Crore, comprised of 1,200 units.The key financial and structural details of the Commercial Papers are presented below:ISINDescription of the SecuritySize of the IssueNo. of UnitsDate of the Issue and allotmentDate of MaturityFace Value (Per Unit)Discount RateYield RateINE255A14742Commercial...

Avenir Investment and IHC Capital Launch Open Offer for Sammaan Capital Limited Shares Sammaan Capital Limited is undergoing an Open Offer for the acquisition of a significant stake in its equity by Avenir Investment RSC Ltd and IHC Capital Holding LLC. The offer involves acquiring up to 34,17,54,286 Equity Shares, representing 26.05% of the Expanded Voting Share Capital of Sammaan Capital Limited.The acquisition details specify that the Open Offer is being executed by Avenir Investment RSC Ltd, acting alongside IHC Capital Holding LLC, which is participating in the capacity of a person acting in concert. The shares offered have a face value of INR 2 each.In relation to the Open Offer, a statement noted that Nil Equity Shares...

Ramkrishna Forgings to Host Earnings Conference Call for Q4 FY26 and FY26 Performance Ramkrishna Forgings Ltd has announced that it will host an Earnings Conference Call to discuss its financial performance for the fourth quarter (Q4 FY26) and the full financial year (FY26).The conference call, which is being organized by 360 ONE CM Research, is scheduled for Monday, May 04, 2026, at 4:00 p.m. IST.Management representatives from the company will participate in the call to discuss the audited financial results for the period ending March 31, 2026.The key management personnel expected to participate in the session include:NameTitleMr. Naresh JalanManaging DirectorMr. Chaitanya JalanWhole Time DirectorMr. Lalit...

North Eastern Carrying Corporation Ltd. to Hold Board Meeting on April 27; Trading Window Status Reported North Eastern Carrying Corporation Limited announced details regarding its upcoming Board meeting and provided an update on its internal trading window regulations.The Board of Directors of North Eastern Carrying Corporation Limited is scheduled to meet on Monday, April 27, 2026. The meeting will take place at the Company's Registered Office to consider and transact various business matters placed before the Board.In addition to the Board meeting notice, the company provided information regarding its internal procedures for regulating insider trading. The notice confirmed that the Trading Window is currently closed. This...

City Union Bank Opens Five New Branches, Reaching 978 Locations City Union Bank Limited announced the opening of five new branches on April 22, 2026. Following this expansion, the bank now operates a total of 978 branches.The newly opened locations span several major cities, reinforcing the bank's network presence across India.The five branches opened on April 22, 2026, are located in the following cities:Sl. No.Name of the BranchBranch NoIFSC CodeAddress1Lucknow - Aminabad97400979No.92 / 195, Hotel Amansara, Gautam budh Marg, Aminabad Road, Lucknow -226 018, Uttar Pradesh.2Jammu-00980Amelia, Khasra No.1, Khata No.199, Khewat No.141, Revenue Village Channi Rama, Trikuta Nagar, Ward No.44, Jammu - 180 0203Ahmedabad -...

True Colors Group Company Inkia Inks to Showcase Formulations at FESPA Global Print Expo 2026 True Colors Ltd's group company, Inkia Inks Private Limited, is participating in the FESPA Global Print Expo 2026 in Barcelona. The participation is scheduled for May 19-22, 2026, where the company will engage with global converters and showcase its latest formulations for direct-to-textile and transfer workflows.The industry event is expected to highlight the growing demand for sustainable, high-performance inks suitable for applications ranging from apparel and sportswear to soft signage and home décor. Inkia Inks affirmed its commitment to driving innovation, sustainability, and ensuring customer success within the digital printing sector...

National Company Law Tribunal Sanctions Merger of Arrka Infosec into Persistent Systems Persistent Systems Ltd announced that the merger of M/s. Arrka Infosec Private Limited into the company has been sanctioned by the Hon'ble National Company Law Tribunal, Mumbai. The merger involves the absorption of Arrka Infosec Private Limited, which is a wholly owned subsidiary of Persistent Systems Ltd.The National Company Law Tribunal (NCLT) issued its order sanctioning the absorption merger on April 21, 2026. Persistent Systems Ltd confirmed that the company received the official notification regarding the sanction via email on April 21, 2026, at 2138 Hrs. IST.The company stated that a certified copy of the NCLT Order is currently awaited...

VA Tech Wabag Incorporates Wholly Owned Subsidiary for Chennai Water Treatment Project VA Tech Wabag Ltd has established a Wholly Owned Subsidiary Company in India, effective April 01, 2026. The subsidiary, named NORTH CHENNAI TRU WATER PRIVATE LIMITED, has been incorporated with initial operational focus in the Waste Water Treatment sector.The incorporation details were formalized on April 22, 2026. The new entity's stated objective is to engage in the Refurbishment, Finance, Operate, Maintain and Transfer (RFOMT) of a 45 Million Litres per Day (MLD) Tertiary Treatment Reverse Osmosis (TTRO) Plant located in Kodungaiyur, Chennai, Tamil Nadu.The subsidiary was incorporated with an initial paid-up capital of INR 1,00,000/-. This...

Zodiac Energy Receives Letter of Intent for Solar Power Project in Zambia Zodiac Energy Ltd has secured a Letter of Intent (LOI) from an international entity based in Zambia for a significant turnkey solar power project. The order involves the development of a Ground Mounted Solar PV Power Plant located in Lusaka, Zambia.The project scope encompasses the comprehensive management of the solar facility, including designing, supplying, installing, testing, commissioning, packing and forwarding, dispatch, and transportation with transit insurance. The delivery is scheduled on a DAP (Delivery on Place) basis.The solar power system detailed in the LOI includes a 6 MWp DC, 5 MW AC Ground Mounted Solar PV Power Plant, and a 1 MWh Battery...

NIS Management Ltd Receives GST Notice Regarding Discrepancies in Financial Years NIS Management Ltd recently received a notice from the Goods and Services Tax (GST) Department detailing alleged discrepancies in its GST returns. The notice, issued in Form GST ASMT-10 and dated April 15, 2026, was received by the company at its registered office on April 2, 2026. The document seeks clarification and potential payment regarding observed discrepancies in the company's GST filings.The notice initiates a review by the GST authorities, requiring NIS Management Ltd to address the observed discrepancies. The company stated it is currently examining the contents of the notice and plans to submit a comprehensive response, including necessary...

Jammu & Kashmir Bank Appoints Ashish Kundra and Pravin Raghavendra as Additional Directors The Board of Directors of Jammu & Kashmir Bank Ltd. approved the appointments of two senior professionals, Mr. Ashish Kundra, IAS, and Mr. Pravin Raghavendra, as Additional Directors on the bank’s board. The appointments, subject to shareholder approval, were approved during the board meeting held on Wednesday, April 22, 2026.Under the board's approval, Mr. Ashish Kundra, IAS (DIN: 06966214), was appointed as an Additional Director in the category of Rotational Directors. This appointment is effective from April 23, 2026.Mr. Pravin Raghavendra (DIN: 09686944) was appointed as an Additional Director in the category of Independent Directors. His...