Markets

Mphasis Appoints Rogayeh Tabrizi as Executive Vice President for CPG and Head of Decision AI Mphasis Limited has appointed Ms. Rogayeh Tabrizi as Executive Vice President (EVP) - Consumer Packaged Goods (CPG) and Head of Decision AI, effective April 21, 2026.The appointment brings Ms. Tabrizi, a seasoned leader, to a key role within the company, leveraging her deep expertise in data-driven insights and complex behavioral analysis.Ms. Tabrizi possesses over two decades of experience spanning various industries, including financial services, retail, and logistics organizations, alongside roles in research institutions and academia. Her professional focus is on harnessing data to build measurable pathways toward data efficiency and...

IHCL Completes Acquisition of 51% Stake in Brij Hospital Private Limited The Indian Hotels Company Limited (IHCL) has completed a significant acquisition, acquiring a majority stake in Brij Hospital Private Limited. The transaction involves IHCL and its step-down subsidiaries, ANK Hotels Private Limited and Pride Hospitality Private Limited.The combined entities acquired a 51% stake, based on a fully diluted share capital, in Brij Hospital Private Limited. The total investment for this acquisition is reported to be up to ₹222 crores.The purchase was executed through a combination of transactions, including the acquisition of shares from existing Brij shareholders and primary investment in Brij. This primary investment was structured...

Mphasis Acquires Theory and Practice Business Intelligence, Boosting Decision Intelligence Capabilities Mphasis, a global AI led, platform driven technology solutions provider, has acquired Theory and Practice Business Intelligence Inc. (TAP). The acquisition was executed through Mphasis Ireland Limited, a wholly owned subsidiary of Mphasis. Following the completion of the deal, TAP and its relevant affiliates have become wholly owned subsidiaries of Mphasis Ireland Limited and stepdown subsidiaries of Mphasis.TAP is a technology company established in 2018, headquartered in Vancouver, Canada. The company is recognized for developing Continuum AI, a Decision Intelligence platform that combines artificial intelligence with behavioral...

CMPDI Declares Final Dividend of Rs 1.06 Per Share on FY 2025-26 Results Central Mine Planning & Design Institute Limited (CMPDI), a Public Sector Undertaking and subsidiary of Coal India Limited, released its audited financial results for the 4th Quarter and the full Financial Year ended March 31, 2026. The company also announced a recommendation for a final dividend for the fiscal year 2025-26.The Board of Directors of Central Mine Planning & Design Institute Limited recommended the payment of a Final Dividend for the financial year 2025-26 at a rate of Rs 1.06 per share, based on a face value of Rs 2/-. This dividend payment is subject to the approval of the company's members at the forthcoming Annual General Meeting.Financial...

Purple Finance Reports Strong Q4 FY26 Performance, Achieving Profitability and Accelerating Growth Mumbai, April 2026: Purple Finance Limited, a digital-first NBFC specializing in a phygital lending model for MSMEs, reported a strong close to the fiscal year ending March 31, 2026. The company achieved the milestone of profitability and sustained growth in its loan book during the quarter.The company reported a Profit Before Tax (PBT) of ₹ 42 lakhs in Q4 FY26, which showed significant improvement compared to a loss of ₹ 88 lakhs recorded in Q3 FY26, reflecting improved operating leverage and business momentum.Total income witnessed a quarter-on-quarter growth of 28%, reaching ₹ 1,717 lakhs. Assets Under Management (AUM) also...

Sunteck Realty Board Approves FY 2026 Results, Recommends Dividend, Appoints Cost Auditor Sunteck Realty Ltd. announced that its Board of Directors held a meeting on April 21, 2026, approving the Audited Financial Statements (Standalone and Consolidated) for the fiscal year ended March 31, 2026. The Board also recommended a final dividend for the shareholders.During the meeting, the Board of Directors recommended a final dividend of 150% of Rs. 1.50 per equity share of the Face Value of Re. 1 each for the financial year ended March 31, 2026. This dividend remains subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).Furthermore, based on the recommendations of the Audit Committee, M/s. Kejriwal &...

Purple Finance Reports Audited Financial Results for March 31, 2026 Purple Finance Ltd. announced the successful approval of its audited financial results and annual statements for the year ended March 31, 2026. The Company's Board of Directors confirmed that the results for the quarter and year ending March 31, 2026, were reviewed and approved by the Board. The statutory auditors, M/s. Jogin Raval & Associates, issued an unmodified opinion on the financial results for the period.Audited Financial Results Overview (Rs. In Lakhs) The audited standalone financial results for the quarter and year ended March 31, 2026, were as follows.ParticularsQuarter ended 31.03.2026 (Audited)Quarter ended 31.12.2025 (Unaudited)Quarter ended...

Altius Telecom Infrastructure Trust Ratings Reaffirmed by CARE and CRISIL Altius Telecom Infrastructure Trust saw its corporate credit rating reaffirmed by both CARE Ratings Limited and CRISIL Ratings Limited on April 21, 2026. The rating agencies maintained the highest credit rating for the Trust's issuer and its Non-Convertible Debentures (NCDs).The rating reaffirmation confirms the Issuer rating and Corporate Credit Rating of the Trust as 'CARE AAA; Stable' and 'CRISIL AAA/Stable.' Furthermore, the rating agencies reaffirmed the ratings on the Trust's Non-Convertible Debentures, maintaining the grades of 'CARE AAA; Stable' and 'CRISIL AAA/Stable' across these instruments.Detailed Rating Reaffirmation Multiple tranches of...

Sunteck Realty Reports Strong Q4 and Full Year FY26 Results Mumbai, April 21, 2026: Sunteck Realty Limited, a premier real estate developer based in Mumbai, has announced its financial results for the fourth quarter and the full fiscal year of 2026.The company reported significant year-over-year growth across its key financial indicators. Revenue grew to approximately Rs. 339 crore in Q4FY26 and Rs. 1,124 crore in FY26, marking a 65% and 32% increase Year-over-Year (YoY), respectively. EBITDA saw a similar trajectory, reaching approximately Rs. 97 crore in Q4FY26 and Rs. 305 crore in FY26, reflecting a 41% and 64% YoY jump. Profit After Tax (PAT) increased to around Rs. 63 crore in Q4FY26 and Rs. 202 crore in FY26, up 25% and 34% YoY...

IDFC First Bank Board Meeting Scheduled to Consider FY 2026 Results and Dividend Recommendation IDFC First Bank Ltd has announced that its Board of Directors meeting is scheduled for Saturday, April 25, 2026. During this meeting, the Board will consider and approve the audited Standalone and Consolidated Financial Results for the quarter and the full Financial Year ended March 31, 2026.The Bank confirmed that, in addition to reviewing the financial performance for the fiscal year, the Board will also discuss and consider the recommendation of a dividend, if any, for the Financial Year 2025-26.IDFCFIRSTB Stock Price Movement Today, IDFC First Bank Limited shares edged higher to close at ₹67.94, finishing the day up 1.10%. The stock...

EID Parry India Completes ESOP Allotment, Boosting Paid-Up Capital to Rs. 17,79,26,042 EID Parry India Ltd announced the allotment of 53,325 equity shares on April 21, 2026, resulting from the exercise of options under its Employee Stock Option Plan 2016 (ESOP 2016).The allotment was approved by the Stakeholders Relationship Committee of the Company’s Board of Directors. These newly allotted shares have strengthened the company's capital structure. Following the ESOP exercise, the issued, subscribed, and paid-up equity share capital of EID Parry India Ltd increased from Rs. 17,78,72,717 to Rs. 17,79,26,042. The company now has a total of 17,79,26,042 equity shares of the face value of Re. 1/- each.The details of the share allotment...

UCO Bank Board Meeting Scheduled for April 25; Key Agenda Includes FY26 Financial Results and Capital Plan UCO Bank announced that its Board of Directors will convene on Saturday, April 25, 2026. The meeting is scheduled to address several crucial corporate matters, including the consideration and approval of the bank's audited financial results for the quarter and year ended March 31, 2026.The agenda for the Board meeting includes three primary points. First, the Board will consider and approve the audited financial results for the period ending March 31, 2026. Second, a proposal regarding the recommendation of a dividend for the financial year 2025-26 will be discussed. Third, the Board will consider the bank’s plan for bond or...

HDFC Life Insurance Grants Employee Stock Options under Two Schemes HDFC Life Insurance Company Ltd announced on April 21, 2026, that its Nomination & Remuneration Committee approved the grant of employee stock options under two different schemes: the Employee Stock Option Scheme 2025 and the Employee Stock Option Scheme 2022.The committee's approval granted two distinct tranches of equity stock options, both having a face value of Rs. 10/- each and a grant price of Rs. 609.75/- each. The options are convertible into one equity share each upon vesting and exercise.Employee Stock Option Scheme 2025 Under the Employee Stock Option Scheme 2025, the company approved the grant of 8,70,471 equity stock options. The vesting structure for...

Powerica Reports Robust Financial Performance for Q3 and 9 Months of Fiscal Year 2026 Powerica Limited, an integrated power solutions provider specializing in diesel generator sets (DG sets) and operating in the Wind Power sector as an Independent Power Producer (IPP) and EPC contractor, announced its unaudited financial results for the quarter and nine months ended December 31, 2025.The company's operational portfolio includes DG sets for primary and standby applications, alongside services in the Wind Power business, covering EPC and Operation & Maintenance (O&M) for Balance of Plant (BoP).Financial Highlights The financial performance demonstrated significant year-on-year growth across key metrics for both the third quarter and...

Aditya Birla Capital Announces Board Meeting for Financial Results Approval and Proposed Debt Raise Aditya Birla Capital Ltd has announced that a Meeting of its Board of Directors is scheduled for Monday, 04 May 2026. The meeting is set to address key corporate decisions, including the approval of recent financial results and a proposal for increasing its borrowing limit through debt issuance.The primary focus of the Board Meeting will be the consideration and approval of the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended 31 March 2026.Additionally, the Board is scheduled to consider the raising of funds via a debt issue or the issuance of non-convertible debentures. This proposed...

Powerica Limited Approves Q3 FY26 Results; Appoints Rabindra Nath Nayak as Additional Director Powerica Limited announced the outcomes of its Board of Directors meeting held on April 21, 2026. The board approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with the Limited Review Report of the Statutory Auditors. The board also approved the appointment of Mr. Rabindra Nath Nayak as an Additional Director and noted the resignation of Mr. Maheswar Sahu from the board.Governance and Board Changes The Board of Directors noted the resignation of Mr. Maheswar Sahu as an Independent Director, effective April 16, 2026.Following the resignation, the board...

Tata Investment Corporation Recommends Dividend Amid Strong Financial Results for March Quarter Tata Investment Corporation Ltd (TIL) has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors has recommended a dividend of Rs. 3.40 per Ordinary share of Re. 1/- each, which is subject to the approval of the shareholders at the forthcoming Annual General Meeting.The company released the results and dividend recommendation following its Board meeting held on April 21, 2026.Financial Performance Highlights The audited financial statements provide a view of the Group’s financial standing across the past few quarters. The consolidated results show robust...

Sapphire Foods India Ltd to Hold Board Meeting to Approve FY 2026 Financial Results Sapphire Foods India Limited announced that its Board of Directors meeting has been scheduled to review and approve the company's audited financial results for the quarter and the year ended March 31, 2026.The Board Meeting is slated for Tuesday, April 28, 2026. During this session, the company plans to consider and approve the Audited Financial Results, covering both Standalone and Consolidated figures for the period.In an operational update regarding market trading, Sapphire Foods India Limited also announced an extension of its trading window closure. The trading window, which had been closed initially starting from Wednesday, March 25, 2026, will...

Rudrabhishek Enterprises Forms Joint Venture for Sustainability Solutions Rudrabhishek Enterprises Limited announced the execution of a Joint Venture Agreement, forming a new entity dedicated to technical and technological solutions in sustainability. The joint venture involves Rudrabhishek Infosystem Private Limited (RIPL), a wholly owned subsidiary of Rudrabhishek Enterprises Limited, and Gem Enviro Management Limited (GEM).The Joint Venture Company, named M/s. GEM ECOMIND LIMITED, was incorporated with the Certificate of Incorporation received on April 20, 2026. The agreement between the two entities was executed on February 16, 2026.The primary objective of the new venture is to provide technical and technological solutions in...

HDFC Life Board Approves Re-appointment of Vibha Padalkar as MD & CEO for Five Years HDFC Life Insurance Company Limited announced that its Board of Directors, at a meeting held on April 21, 2026, approved the re-appointment of Ms. Vibha Padalkar as Managing Director and Chief Executive Officer (MD & CEO). The re-appointment is set for a period of five years, effective from September 12, 2026.The Board’s decision was reached based on the recommendation of the Nomination and Remuneration Committee. The appointment is subject to subsequent approval from the shareholders at the ensuing Annual General Meeting and the Insurance Regulatory and Development Authority of India (IRDAI).Leadership Profile and Experience Ms. Vibha Padalkar, who...