Markets

BEL Secures Rs. 569 Crore in Defence Orders for Financial Year 2026-27 Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking and a Govt of India Enterprise under the Ministry of Defence, has secured substantial orders amounting to Rs. 569 Crore. The acquisition of these orders is set to commence for the current financial year 2026-27.The recent order acquisition details highlight BEL's extensive role in India's defence technology sector. The awarded business encompasses a wide range of crucial defence components and services.Major orders received by BEL include avionics, EW system, high energy laser, communication equipment, and tank sub systems. Furthermore, the scope of the contracts covers specialized...

Svarnim Trade Udyog Announces Director Changes and Committee Reconstitutions Svarnim Trade Udyog Ltd announced key changes to its board composition and the reconstitution of two important internal committees following a board meeting held on Wednesday, April 22, 2026.The board meeting approved the appointment of Mr. Gulshan Kumar Aggarwal (DIN: 09700752) as an Additional Non-Executive and Non-Independent Director, effective April 22, 2026.Simultaneously, the company recorded the resignation of Ms. Sangeeta Aggarwal (DIN: 10252827) from her post as Non-Executive and Non-Independent Director, also effective April 22, 2026. The company noted confirmation from Ms. Sangeeta Aggarwal that there are no material reasons for her resignation...

HCP Investments Disposes of 7.5% Stake in Ind-Swift Laboratories Limited HCP Investments, operating out of Phoenix, Mauritius, has reported the disposal of a significant stake in Ind-Swift Laboratories Limited. The transaction involved the sale of 6,503,423 equity shares, representing 7.5% of the target company's total paid-up share capital.The intimation concerning the disposal was received on April 21, 2026.According to the details provided, HCP Investments previously held 7,500,000 shares, representing an 8.649% stake in Ind-Swift Laboratories Limited. The disposal of 6,503,423 shares occurred through the Open Market.The transaction data highlights the following key figures:MetricShares DisposedDisposal PercentageDate Range...

SBI Life Reports FY26 Performance: Assets Under Management Rise to ₹ 4.87 Trillion, PAT Grows 2% SBI Life Insurance Company Limited today announced its financial performance for the fiscal year ending March 31, 2026. The company reported robust growth in its Assets under Management (AuM) and maintained a strong market presence, driven by growth in New Business Premium (NBP) and stability in its operational metrics.According to the release, the company achieved a Profit After Tax (PAT) of ₹ 24.7 billion, reflecting a 2% growth year-on-year. The Assets under Management increased by 9%, reaching ₹ 4.87 trillion as of March 31, 2026.Key Financial and Market Highlights The company’s market leadership remained evident in key premium...

SBI Life Insurance Announces Audited Financial Results for March 31, 2026 SBI Life Insurance Company Ltd has announced its audited financial results for the quarter and full year ended March 31, 2026. The Board of Directors approved the results at its meeting on April 22, 2026.The company reported a significant annual surplus and maintained a healthy total asset base as of March 31, 2026.Financial Performance Highlights The audited Statement of Financial Results for the year ended March 31, 2026, shows key operational figures:ParticularsYear Ended March 31, 2026 (Lakhs)Year Ended March 31, 2025 (Lakhs)Net Commission4,49,5713,73,875Operating Expenses (Insurance Business)6,22,5464,49,080Total...

Hindustan Tin Works Ltd Receives Order from CGST Commissioner (Appeals-I) Hindustan Tin Works Ltd announced the receipt of an order from the Commissioner (Appeals-I), CGST, Delhi, concerning a GST appeal for the period spanning July 2017 to March 2021.The company confirmed that the order was received on April 21, 2026.The directive details an Appeal Order under Section 74 of the CGST Act, 2017. The order was issued against an original order dated February 3, 2025.The financial details and findings of the order are summarized below:AuthorityAppeal Order DetailsPeriod CoveredCommissioner (Appeals-I), CGST, DelhiAppeal Order u/s 74 of CGST Act, 2017July, 2017 to March, 2021According to the details provided, the...

DCB Bank Ltd Allots 16,000 Equity Shares to Employees Under ESOP Plan DCB Bank Ltd announced the allotment of equity shares to its employees through its Employee Stock Option Plan (ESOP) on April 22, 2026.The Bank confirmed that it issued and allotted 16,000 equity shares, each with a face value of Rs.10, to the employees as part of the ESOP structure.This allotment resulted in an increase in the paid-up share capital of DCB Bank Ltd. The total issued and paid-up share capital increased from 321,901,777 equity shares to 321,917,777 equity shares.The following table summarizes the change in the Bank's share capital structure:MetricPrevious Share CapitalAllotment DetailsNew Share CapitalIssued & Paid-up Shares321,901,777...

Juniper Hotels Ltd Receives Demand Notice from Income Tax Department for AY 2023-24 Juniper Hotels Ltd. announced that it has received a demand notice from the Income Tax Department concerning the assessment year 2023-24. The notice, issued under Section 156 of the Income Tax Act, 1961, relates to an alleged under-reporting of income.The company received the demand notice on April 21, 2026. This notice was accompanied by an Assessment Order passed under section 143(3) read with section 144C(3) of the Income Tax Act, 1961, for the assessment year 2023-24.The total demanded amount stands at Rs. 25,82,92,808/-. The alleged liability pertains to the under-reporting of income, which forms the basis for the demand.In a detailed review...

NCLAT Orders Continue Stay on Corporate Insolvency Resolution Process for The Hi-Tech Gears Ltd The Hi-Tech Gears Ltd received updates regarding its Corporate Insolvency Resolution Process (CIRP) from the National Company Law Appellate Tribunal (NCLAT). The tribunal issued directives related to the continuation of an interim stay, outlining the revised schedule for hearing the matter.The updates follow an initial order dated February 18, 2026, which had addressed the continuation of the interim stay on the CIRP process and fixed the subsequent hearing for April 20, 2026.In a statement regarding the proceedings, the company reported that the NCLAT was unable to hear the matter on the scheduled date of April 20, 2026, citing paucity...

Ashiana Agro Industries Ltd Renews Loan Facility and Addresses Director Declarations Ashiana Agro Industries Ltd held its Board of Directors meeting on April 22, 2026. During the meeting, the Board made key decisions concerning director compliance and the refinancing of a facility advanced to a subsidiary.The Board considered the declaration in form DIR-8 and MBP-1 received from five directors for the Financial Year 2026-27. The directors whose declarations were addressed were Pavan Kumar Mati, V.Kodanda Ram, Kranthikumar C, Matli ShrutaKeerthi, and Vamsidhar Reddy M. The Board subsequently authorized Shri Matli Pavan Kumar, Managing Director, to take all necessary actions and keep the declarations in safe custody.In a separate...

Amal Ltd Reports Financial Results, Recommends Dividend, and Announces Key Director Appointments Amal Ltd has announced its financial results and operational updates for the year ended March 31, 2026. The company also confirmed key director reappointments and recommended a final dividend, subject to member approval.Financial Results Highlights For the fiscal year ending March 31, 2026, Amal Ltd reported substantial financial figures both standalone and consolidated.Standalone Financial Results (Year ended March 31, 2026): The company reported a Total Income of 8,554.68 lakh. Total expenses amounted to 7,921.28 lakh, leading to a Profit before tax of 633.40 lakh. The Total tax expense was 179.54 lakh, resulting in a profit for the...

Atishay Ltd Secures ₹1.90 Crore Work Order for Aadhaar Services Project in Chhattisgarh Atishay Ltd has been awarded a significant Work Order from the Office of CHiPS, State Data Centre, Raipur, Chhattisgarh. The contract pertains to the 'Selection of Agency for Development, Implementation, Operation & Maintenance of Aadhaar and its Allied Services in the State of Chhattisgarh.'The total contract value secured by Atishay Ltd is ₹1,90,00,000/-, covering Rupees One Crore Ninety Lakh only, inclusive of applicable taxes. The project scope includes the development, implementation, operation, and maintenance of Aadhaar and its Allied Services.The contract specifies an execution period of 3 years and 3 months from the date the Work Order...

Regal Entertainment & Consultants Ltd to List 58,36,990 Equity Shares on Rights Basis Regal Entertainment & Consultants Ltd received listing approval for a significant issue of equity shares on a rights basis. The approval pertains to 58,36,990 fully paid-up equity shares, each having a face value of Rs. 10.The company's shares were issued at a premium price of Rs. 14 per share, which includes a share premium of Rs. 4. This transaction allows the newly issued shares to be dealt on the exchange.The material details of the listing approval are as follows:DetailValueTotal Shares to be Listed58,36,990Face Value Per ShareRs. 10Issue Price Per ShareRs. 14Share PremiumRs. 4Basis of IssueRights BasisThe successful...

Tata Power Company Ltd Board Meeting Scheduled to Review Financial Results for FY 2026 Tata Power Company Ltd has announced that a meeting of its Board of Directors is scheduled for Tuesday, May 12, 2026. The meeting is set to consider and approve the company’s Audited Financial Results, covering both Standalone and Consolidated figures for the financial year ended March 31, 2026.During the board meeting, the directors will also review and recommend a dividend, if any, for the financial year under consideration.In relation to market trading, the company also provided an update regarding its trading window. The period for dealing in the company's securities was closed starting from Wednesday, March 25, 2026. Following the declaration...

UVS Hospitality and Services Ltd Shifts Registered Office from West Bengal to Maharashtra UVS Hospitality And Services Ltd, which was previously known as Thirdwave Financial Intermediaries Ltd, announced that its Board of Directors has approved the shifting of the company's registered office. The shift transitions the company's primary operational location from Kolkata, West Bengal, to Mumbai, Maharashtra.The board meeting, which was held on April 22, 2026, concluded the proceedings after commencing at 2:45 p.m.The Board of Directors decided to shift the registered office from the previous location in Salt Lake, Kolkata, to a new address in Andheri West, Mumbai.The following details outline the previous and new operational...

Page Industries to Hold Board Meeting on May 21 to Declare 4th Interim Dividend and Review FY 2026 Results Page Industries Ltd. has announced that its Board of Directors meeting is scheduled for May 21, 2026. The meeting is slated to consider crucial corporate actions, including the declaration of the 4th Interim Dividend for the financial year 2025-26 and the acceptance of audited financial results.During the Board meeting, the company will take record of its Audited Financial Results for the Quarter and Year ending 31 March 2026. Furthermore, the primary focus will be the consideration of the 4th Interim Dividend to the Equity Shareholders for the 2025-26 financial year.Should the Board declare the Interim Dividend for 2025-26...

Space Incubatrics Technologies Ltd Board Approves Resignations of Two Directors The Board of Directors of Space Incubatrics Technologies Limited approved the resignation of two directors, Mr. Rajender Parsad and Mr. Umesh Kumar, during a meeting held on April 17, 2026. The resignations were accepted with immediate effect, citing personal and unavoidable reasons for the departures.During the board meeting, the company formalized the resignations of both directors, affirming that the departures were based on reasons provided by the concerned individuals and no other material reasons exist.The Board approved Mr. Rajender Parsad’s resignation from the post of Executive Director, effective April 17, 2026. Mr. Parsad resigned from the...

All Time Plastics Ltd Issues Clarification on Potential Volume Movement All Time Plastics Ltd issued a statement confirming that there are no undisclosed announcements or impending information that would affect the movement of the company's scrip price or volume.The company's authorized Key Managerial Personnel (KMPs) stated that, based on their assessment, there is no information requiring disclosure to the Stock Exchanges that would have a material bearing on the stock's price or volume.The clarification serves to confirm the operational status of the company regarding market movements, advising that no key events are currently due or required to be disclosed.ALLTIME Stock Price Movement As of 3:27 PM, shares of All Time...

Agi Greenpac Completes Second Tranche Investment in Madoverbuilding AI, Holding 19.75% Stake Agi Greenpac Ltd has successfully completed the second tranche of its investment in Madoverbuilding AI Private Limited (MOB), increasing its aggregate stake in the e-commerce technology firm. Following this investment, the company now holds 19.75% of the paid-up share capital of MOB, on a fully diluted basis.The investment follows previous reporting detailing the first tranche completion and the revision of the total subscribed stake in MOB. Initially, the company had acquired 14.28% of the paid-up share capital of MOB. After the board approved revising the total stake, Agi Greenpac completed the final tranche of the investment...

Consolidated Construction Consortium Ltd Updates Credit Rating Status Consolidated Construction Consortium Ltd confirmed operational updates regarding its credit rating facilities on April 22, 2026. The company announced a withdrawal of the credit rating facility previously issued by CAREEDGE Rating.While confirming the cessation of the rating facility from CAREEDGE Rating, Consolidated Construction Consortium Ltd stated that it continues to maintain active credit rating facilities. The company specifically noted that its credit rating status remains secured with Infomerics Valuation and Rating Ltd and ICRA Limited.CCCL Stock Price Movement Shares of Consolidated Construction Consortium Limited are edging higher to ₹18.07 as of 3:21...