Markets

Kerala Ayurveda Ltd States Share Price Movement is Purely Market Driven Kerala Ayurveda Ltd issued a statement on April 8, 2026, addressing inquiries regarding significant price movements in the company's equity shares. The company affirmed that it has consistently adhered to disclosure requirements pertaining to operational performance and any price sensitive information.The company confirmed that no material information or event, in the company's view, has been withheld that could affect the price or volume behavior of its shares. Kerala Ayurveda Ltd noted its ongoing commitment to making disclosures to the Stock Exchanges as any event or information necessitating such disclosure arises.The management stated that the movement...

Lux Industries Ltd States No Price Sensitive Information Driving Security Movement Lux Industries Ltd confirmed that there is no undisclosed or price sensitive information, nor any impending corporate action, that needs to be reported to the Stock Exchanges regarding recent price movements in its securities. The company stated that it remains in compliance with Regulation 30 and other applicable regulations concerning disclosures.The company addressed a request seeking clarification on the significant price movement of Lux Industries Limited's security on the Exchanges. While acknowledging a recent increase in the price of the security, Lux Industries Ltd reported that, in its view, there is nothing at this time that bears on the...

Coforge Launches 'Mod Squads': Outcome-Based AI Delivery Model with Subscription Pricing Coforge Limited, an AI-native engineering services leader, has introduced AI Mod Squads, a new subscription-based delivery model designed to replace traditional Time and Material (T&M) billing with outcome-driven pricing. This launch enables faster time-to-market and provides full cost predictability for enterprise clients.The AI Mod Squads combine pre-built AI agents with specialized AI engineers, allowing customers to assemble custom, AI-native teams tailored to specific industry and engineering workflows. This approach aims to facilitate autonomous and scalable execution with a proven impact on business operations.Coforge offers a...

Signature Global Cuts Net Debt by 77% to INR 2.0 Billion in FY26; Reports INR 82.2 Billion in Pre-Sales Signature Global (BSE: 543990 | NSE: SIGNATURE), a prominent real estate development company in India with a strong presence in Delhi-NCR, announced significant financial improvements for the fiscal year 2026. The company reported cutting its net debt by 77% to INR 2.0 billion at the close of FY26, substantially down from INR 8.8 billion recorded at the end of FY25.The company maintained a robust balance sheet, reporting INR 27.70 billion in cash and cash equivalents as of March 31, 2026. Financially, Signature Global achieved strong pre-sales figures for FY26, totaling INR 82.2 billion. Furthermore, collections during the same...

Elfin Agro India Ltd Enters Agreement with Cameo Corporate Services for Share Transfer Activities Elfin Agro India Ltd has executed an agreement with Cameo Corporate Services Limited, effective April 3, 2026, to manage all activities related to share transfer facilities.The agreement appoints Cameo Corporate Services Limited to act as the Share Transfer Agent for Elfin Agro India Ltd. Cameo Corporate Services Limited is a SEBI registered Share Transfer Agent with Registration No. INHD00003753. Elfin Agro India Ltd is a public limited company, and the company has approximately 246 shareholders.The roles and responsibilities outlined in the agreement detail the scope of work covered by the Transfer Agent. These responsibilities...

Signatureglobal (India) Ltd Reports Operational Updates for Q4FY26 and FY26 Signatureglobal (India) Ltd announced key operational updates for the fourth quarter of fiscal year 2026 (Q4FY26) and fiscal year 2026 (FY26). The company reported figures across pre-sales, sales realization, collections, and net debt position.Financial Performance Snapshot The company detailed its pre-sales performance, noting that pre-sales reached INR 15.4 bn for Q4FY26, down from INR 16.2 bn in Q4FY25. For the full fiscal year, pre-sales for FY26 stood at INR 82.2 bn, compared to INR 102.9 bn in FY25, marking a year-over-year (YoY) decrease of (20%).The sales realization for the period averaged INR 15,250 per sq. ft. in FY26. This figure represents an...

GNG Electronics Ltd Receives Credit Rating Upgrades for Bank Facilities GNG Electronics Ltd has received an upgrade to the credit ratings for its bank facilities from CARE Ratings Limited. The rating actions pertain to long-term and short-term bank facilities, according to the information provided.The upgraded ratings reflect changes in the facilities' outstanding amounts and associated ratings.The detailed breakdown of the credit rating updates is presented below:FacilitiesAmount (Rs. in Crores)RatingRating ActionLong-term bank facilities272.50 (Enhanced from 227.50)CARE BBB; StableUpgraded from CARE BBB-; PositiveShort-term bank facilities43.00 (Reduced from 88.00)CARE A3+Upgraded from CARE A3The credit rating agency...

Sheel Biotech Limited Announces Change in Key Managerial Personnel Sheel Biotech Limited confirmed changes in its Key Managerial Personnel. The company noted the resignation of Anil Kumar from the role of Chief Financial Officer (CFO).The details surrounding the change were made effective from the close of business on April 07, 2026. Anil Kumar submitted his resignation from the position of Chief Financial Officer of Sheel Biotech Ltd., with his last working day recorded as April 07, 2026.The key details regarding the change in personnel are summarized below:SI. No.ParticularsDetails1Name & DesignationAnil Kumar, Chief Financial Officer2Reason for change viz. appointment, re- appointment, resignation, removal, occupation...

Rane (Madras) Limited Faces Tax Demand and Interest Order from Income Tax Department Rane (Madras) Limited has received a rectification order from the Centralised Processing Centre, Income tax Department, Bangalore, levying a tax demand and interest against the company.The communication details an order passed by the Income Tax department on December 26, 2022, under Section 143(3) of the Act. That order had levied a tax demand of Rs.3.45 Crores, which is currently under appeal. The CPC Bangalore subsequently issued a rectification order levying interest of Rs.1.63 Crores on the non-payment of Tax Deducted at Source (TDS) on Buy back of shares. This results in an overall tax demand totaling Rs.5.08 Crores.The communication, dated...

Sanghvi Brands Ltd Addresses Price Movement Inquiry to Exchange Sanghvi Brands Ltd issued a statement on April 8, 2026, addressing a notice received from the BSE regarding clarification on price movement. The Company stated that it has furnished all necessary events and information to the Exchange(s) over time that affect the operation or performance of the Company, including all price sensitive information, as required by regulations.The company confirmed that it has not withheld any material information or event, nor are there any impending announcements expected to impact the price or volume behavior of its scrip.In its statement, Sanghvi Brands Ltd indicated that the increase or spurt in the volume of its scrip is entirely...

India Ratings Reaffirms and Enhances Rating for Orient Green Power Subsidiary Orient Green Power Company Limited reported that India Ratings & Research Private Limited has re-affirmed and assigned ratings for the banking facilities pertaining to M/s. Clarion Wind Farm Private Limited, a Step Down Subsidiary. The rating action included an enhancement of the outlook to positive from stable.The enhanced rating reflects the expectation that operational and financial performance for the subsidiary will be sustained in the near term.Details regarding the assigned and reaffirmed ratings are as follows:S.NoFacilityRated Amount (Rs. in million)RatingsRating Action1Bank Loan Facilities39.9 (reduced from 289.3)IND BBB-/PositiveAffirmed...

NCLT Passes Order on Amalgamation Scheme for Info Edge and Affiliates The National Company Law Tribunal (NCLT), New Delhi Bench, has passed an order regarding the Scheme of Amalgamation involving Info Edge (India) Limited and four other private limited companies. The ruling, dated April 7, 2026, concerned the proposed amalgamation amongst Allcheckdeals India Private Limited, Axilly Labs Private Limited, Diphda Internet Services Limited, Zwayam Digital Private Limited, and Info Edge (India) Limited.The NCLT order, as reported, allowed the First Motion Application and detailed procedural directions for the scheme.Key aspects of the Tribunal's direction included:Dispensation of Meetings: The NCLT dispensed with the requirement of...

Info Edge Reports Quarterly and Full Year Billings for March 31, 2026 Info Edge (India) Limited released unaudited updates detailing the company's billings for the quarter and the financial year ended March 31, 2026, alongside corresponding figures from the previous year. The financial performance across key business segments suggests varied growth trends for the period.For the quarter ending March 31, 2026, the total standalone billings reached ₹1057.1 crore, representing a 7.4% year-over-year increase compared to the ₹983.8 crore reported in the previous year's corresponding quarter. For the full fiscal year ended March 31, 2026, the total standalone billings stood at ₹3177.5 crore, marking a 10.3% year-over-year growth from ₹2881.7...

India Ratings Reaffirms and Enhances Rating for Orient Green Power Subsidiary's Facilities Orient Green Power Company Limited announced developments regarding the credit rating of its subsidiary, Gamma Green Power Private Limited. India Ratings & Research Private Limited has re-affirmed and assigned ratings for the subsidiary's banking facilities, alongside enhancing the outlook to positive from stable.The rating action reflects the expectation of sustained operational and financial performance in the near term for the subsidiary.The details of the assigned ratings for the banking facilities are presented below:FacilityRated Amount (Rs. in million)RatingsRating ActionBank Loan facilities26.9 (reduced from 144.14)IND...

Jeyyam Global Foods Limited Announces Resignation of Independent Women Director Jeyyam Global Foods Limited announced the resignation of its Independent Women Director, Mrs. Simran Nahar, effective April 08, 2026. The departure was cited by Mrs. Nahar due to personal commitments, specifically relating to her marriage.Following her resignation, Mrs. Nahar will also cease to hold positions on the Audit Committee, the Nomination and Remuneration Committee, and the Stakeholders Relationship Committee of the Company. The Management of Jeyyam Global Foods Limited confirmed receipt and acceptance of the resignation letter on April 08, 2026.The Company, formerly known as Jeyyam Global Foods Private Limited, maintains operational details...

Antelopus Selan Energy Addresses Price Movement Concerns, States No Material Events Pending Antelopus Selan Energy Ltd. issued a clarification regarding the recent price movement of its securities, addressing inquiries concerning the company's status. The communication confirms the company's commitment to adhering to established norms for disclosing material information.The company, which operates under the name Antelopus Selan Energy Limited and was previously known as Selan Exploration Technology Limited, stated that it remains regular in its obligation to report any material information as required.During the clarification, the company noted that there are currently no material events requiring disclosure under the relevant...

Refex Industries Reports Redemption of OCDs and Converts Loan to Equity in Subsidiary Refex Industries Limited announced a transaction involving its subsidiary, Venwind Refex Power Limited (VRPL). The company reported the redemption of Optional Convertible Debentures (OCDs) held by Refex Industries Limited and the conversion of an outstanding loan amount into equity shares within VRPL.On April 08, 2026, VRPL redeemed the OCDs held by Refex Industries Limited, amounting to ₹3,00,00,000, as per the terms of the issue.Furthermore, VRPL converted an outstanding loan amount of ₹4,85,03,664 extended by Refex Industries Limited. This conversion was structured into equity shares, each having a face value of ₹10/- and a fair value of ₹17,523...

Hindustan Composites Limited Receives Intimation Regarding Fine Waivers and Penalties Hindustan Composites Limited received an email communication on April 8, 2026, detailing outcomes regarding previously filed waiver applications and the imposition of fines from the BSE Limited.The communication addressed two primary financial matters. Firstly, the BSE Limited rejected the waiver application filed by the Company concerning a fine of Rs. 1,62,000/- (excluding GST). This fine was originally imposed by both BSE Limited and the National Stock Exchange of India Limited (NSE) for non-compliance with Regulation 17(1A) of the SEBI Listing Regulations.Secondly, the Company was notified of the imposition of a fine amounting to Rs. 1,55,000...

Lamosaic India Limited Appoints New Market Maker Effective April 10, 2026 Lamosaic India Limited has appointed Kalpalabdhi Financials Private Limited as its new Market Maker. The change in the market making arrangement is scheduled to be effective from April 10, 2026, for the remaining period of compulsory market making services.This transition follows the discontinuation of the services provided by the existing Market Maker, SVCM Securities Private Limited. SVCM Securities Private Limited's role as the Market Maker is ending due to its internal restructuring, with effect from April 9, 2026, during aftermarket hours.For reference, the company details are as follows:DetailInformationCompany NameLamosaic India LimitedScrip...

Lemon Tree Hotels Announces Mutual Termination of Agartala Hotel Agreements Lemon Tree Hotels Limited confirmed today the mutual termination of key agreements related to its proposed hotel venture in Agartala, Tripura. The termination involved agreements executed between M/s. PRM Tirupati Pvt. Ltd. (Owner), M/s. Carnation Hotels Pvt. Ltd. (Operator), and Lemon Tree Hotels Limited (the Company).The termination pertains to the Hotel Operating Agreement, which was originally executed on March 18, 2024. Additionally, the License Agreement executed on the same date between the Company, the Operator, and the Owner was also mutually terminated by the respective parties.The company stated that the hotel in question was not yet operational...