Markets

Abbott India Ltd Announces Key Directorship and Senior Management Changes Abbott India Ltd has announced several updates regarding its board of directors and senior management following the outcomes of its recent Board Meeting held on April 22, 2026. The board approved the appointment of two new directors and the appointment of a new senior management professional, alongside noting key changes in the existing leadership team.Director Changes and Appointments The company confirmed the resignation of Ms. Alison Davies, effective close of business hours on April 22, 2026, citing other professional commitments. Additionally, Ms. Anisha Motwani, an Independent Director, concluded her second term, ceasing her directorship on April 24, 2026...

Umiya Mobile Limited Targets Major Growth with 37 New Retail Stores Following Dual Store Openings Mumbai, April 22, 2026 — Umiya Mobile Limited, a rapidly expanding multi-brand retail chain specializing in mobile and consumer electronics, has announced significant expansion plans, operationalizing two new stores while proposing the opening of 37 additional retail locations across multiple regions. The company, listed on the BSE (BSE - SME: 544464), operates under three distinct brands: UMIYA MOBILE, MYPHONE, and PHONE PLUS.The company reported that it operationalized two new retail stores in Gujarat on April 21, 2026, locating them in Vyara and Amreli.Proposed Expansion Targets The proposed expansion aims to strengthen the company’s...

Tata Chemicals to Hold Board Meeting to Approve FY26 Financial Results and Recommend Dividend Tata Chemicals Ltd has scheduled a meeting of its Board of Directors for Monday, May 4, 2026. The board will consider key corporate and financial matters, including the approval of the annual results and a dividend recommendation for the shareholders.The primary agenda items for the meeting include considering and approving the Audited Consolidated and Standalone Financial Results of the Company for both the quarter and the full financial year ended March 31, 2026. Additionally, the board is set to recommend a dividend, if any, for the financial year ended March 31, 2026, which is intended for approval by the shareholders at the ensuing 87th...

Adani Power Ltd. Announces Q4FY26 Results Conference Call Details Adani Power Ltd has scheduled its conference call to announce the results for the fourth quarter of the fiscal year 2026 (Q4FY26). The conference call is set for Wednesday, April 29, 2026, at 17:00 hrs India Standard Time.The results call will be represented by key management personnel, including Mr. Shersingh B Khyalia, Chief Executive Officer (CEO), Mr. Dilip Jha, Chief Financial Officer (CFO), and Mr. Nishit Dave, Head of Investor Relations.Investors and analysts can access the conference call using the following toll-free numbers tailored for different regions:RegionToll-Free NumberHong Kong800964448Singapore8001012045UK08081011573USA18667462133...

IDFC First Bank Reschedules Earnings Call for Period Ended March 31, 2026 IDFC First Bank Ltd has announced a rescheduling of its upcoming earnings call for the quarter and financial year ended March 31, 2026. The senior management of the Bank will host the call to discuss the Financial Results with participating analysts and investors.The Bank confirmed that the earnings call, which was previously intimated on April 21, 2026, has been rescheduled. The discussion will take place on Saturday, April 25, 2026.The details for the conference call, including the dedicated time slots and global access numbers, are as follows:DetailDateTimeDateApril 25, 2026Time05:00 p.m. IST05:00 p.m. ISTUniversal Access+91 22 6280 1575 / +91...

Supreme Power Equipment Limited Secures New Order Worth ₹ 74.60 Crore Supreme Power Equipment Limited has secured a new domestic order valued at ₹ 74.60 crore. The order was received on April 22, 2026, from a company situated in Hyderabad.The agreement involves the supply of high-capacity power transformers, confirming the company's role as a key manufacturer of SPEL and ROWSONS brand power and distribution transformers.The total value of the new contract is approximately ₹ 74.60 crore and is scheduled for execution within 13 months.The order is sourced from a domestic entity, and the contract details include two specific transformer supplies: A 20MVA, 110/33-11KV Power Transformer, valued at Rs. 51.30 Crores.A 160MVA, 220 kV...

Allcargo Logistics Appoints Samir Ahuja as Chief of Sales - Express Allcargo Logistics Ltd has appointed Mr. Samir Ahuja as its Chief of Sales - Express. The designation is effective from April 23, 2026.Mr. Ahuja is a highly experienced professional bringing over 29 years of expertise across key functional areas, including project execution, customer service, key account management, and channel management. His extensive experience spans the Telecom, Retail, and Logistics industries.Before joining Allcargo Logistics, Mr. Ahuja held leadership roles with prominent organizations such as Blue Dart Express Limited and Vodafone Idea Limited.In terms of educational background, Mr. Ahuja holds a Bachelor of Engineering in Civil...

IFGL Refractories Limited Appoints Additional Director and Names Successor to CEO Role IFGL Refractories Limited announced key appointments to its board and executive leadership. Following a recommendation from the Nomination and Remuneration Committee (NRC), the Company’s Board of Directors approved the appointment of Mr. Mukesh Harshadrai Rawal as an Additional Director and Non-Executive Non-Independent Director.The appointment was formalized by the Board on April 21, 2026. Mr. Rawal, who holds US Citizenship and is of Indian Origin, is also proposed to be appointed as the Whole-time Director of the Company.Looking ahead, Mr. Rawal is slated to assume the office of Director and Chief Executive Officer (CEO) effective August 16...

APL Apollo Tubes Issues Commercial Paper Worth Rs 100 Crore to Kotak Mahindra Bank Ltd APL Apollo Tubes Limited announced the issuance of Commercial Paper (CP) valued at Rs 100 Crore. The CP was issued in favour of Kotak Mahindra Bank Ltd.The financial details of the Commercial Paper issuance confirm a fixed rate and specific timelines for the security.According to the details released, the Commercial Paper has a maturity period of 64 days. The allotment date for the security is April 22, 2026, and the maturity date is set for June 25, 2026.The key parameters of the Commercial Paper are summarized below:DetailSpecificationTotal AmountRs. 100 CroreRate6.15%Tenure of the security64 DaysIssued in favour ofKotak...

Prima Plastics and Prima Innovation Complete Demerger of Roto Business Prima Plastics Ltd. has finalized the demerger of its Rotational Moulding Business (Roto Business) to Prima Innovation Limited (PIL) through a Scheme of Arrangement. The transition, sanctioned by the National Company Law Tribunal, facilitates the transfer of this division to PIL on a going concern basis.The Scheme of Arrangement between Prima Plastics Ltd. and Prima Innovation Limited provides for the demerger of the Roto Business from Prima Plastics to PIL. As per the scheme, PIL is required to issue equity shares to the shareholders of Prima Plastics in consideration for this demerger.The National Company Law Tribunal, Ahmedabad Bench, sanctioned the Scheme of...

Mangalam Cement Ltd Declared Preferred Bidder for Minyun Ki Dhani Main Jaisalmer Mining Lease Mangalam Cement Ltd announced today that it has been declared the preferred bidder for a major mining lease in Rajasthan. The company participated in a forward e-auction organized by the Directorate of Mines and Geology, Government of Rajasthan, Udaipur.The auction for the Mining Lease of Minyun Ki Dhani Main Jaisalmer was held on 21 April, 2026, via the MSTC'S e-auction portal. The process was based on a Notice Inviting Tender (NIT) dated 27.02.2026.Mangalam Cement Ltd successfully participated in this auction, which was issued by the Directorate of Mines and Geology, Government of Rajasthan. The company was subsequently declared the...

United Drilling Tools Limited Secures Domestic Contract Order from Vedanta United Drilling Tools Limited announced the receipt of a significant domestic order from M/s Vedanta Limited ('Cairn Oil & Gas'). The order involves the supply of key oil drilling components in the ordinary course of business.The contract awarded by the domestic entity, Vedanta Limited, covers the provision of Tubing, Pup Joints, and Crossovers, along with necessary accessories. The commercial nature of the agreement is expected to be executed over a four-month period.The financial details of the order are summarized below:DetailDescriptionEntity Awarding OrderVedanta LimitedNature of OrderCommercialProduct ScopeTubing, Pup Joints & Crossovers...

Hyundai Motor India Faces Customs Order Over Air Purifier Classification Hyundai Motor India Limited has received an order from the Commissioner of Customs, Chennai - II (Imports), concerning the classification of air purifiers. The order, received on April 21, 2026, demands a significant amount in differential duty, penalty, and redemption fine due to the alleged wrongful claim of a concessional duty rate.The matter involves the company's import activities where air purifiers were reportedly classified incorrectly, allowing them to claim a concessional duty rate of 7.5%. This misclassification led to a resulting short payment of customs duty, necessitating the customs department's intervention.According to the order details, the...

DUDIGITAL GLOBAL LIMITED Wins Major Contract from Embassy of India, Kuwait Dudigital Global Limited has secured a significant outsourcing contract after being declared the L1 (Lowest) Bidder by the Embassy of India, Kuwait. The company has been awarded the contract to provide comprehensive support services related to consular and clearance documentation for the Embassy of India in Kuwait.The announcement details that Dudigital Global Limited was selected for the Request for Proposal (RFP) covering a range of essential support services. These services include Consular/Passport/Visa/OCI/Police Clearance Certificate (PCC)/Surrender Certificate (SC)/Global Entry Programme (GEP) Verification/Miscellaneous Attestation related support...

Neeraj Paper Marketing Ltd Files Appeal Against Assessment Order for Assessment Year 2019-20 Neeraj Paper Marketing Ltd announced the filing of an appeal concerning an assessment order received for the Assessment Year 2019-20. The company has challenged the order and the subsequent demand raised by the Income Tax Department.The assessment order pertains to the Income-Tax Act, 1961, and raised a demand totaling Rs. 77,56,540/-. Following the initial assessment, the company has escalated the matter by filing an appeal before the Commissioner of Income Tax (Appeals), Income Tax Department. This appeal was filed on April 21, 2026, challenging the original assessment order.The core dispute involves the company challenging the Assessment...

Supriya Lifescience Successfully Completes USFDA Inspection with 'Voluntary Action Indicated' Status Supriya Lifescience Limited recently underwent an inspection by the United States Food and Drug Administration (USFDA) at its manufacturing facility in Maharashtra, India. The inspection took place at the facility located in Lote, Parshuram Industrial Area, and spanned from February 2, 2026, to February 6, 2026.The USFDA inspection concluded with the issuance of a Form 483, which contained one minor observation. Supriya Lifescience Limited confirmed that the company adequately addressed this observation. Following this action, the company received the Establishment Inspection Report (EIR) indicating 'Voluntary Action Indicated' (VAI)...

Rukmani Devi Garg Agro Impex Ltd Announces CFO Resignation Rukmani Devi Garg Agro Impex Ltd has announced the resignation of Mr. Lakshya Gupta from the position of Chief Financial Officer (CFO). The resignation is effective from April 22, 2026.The company stated that Mr. Gupta tendered his resignation due to personal and professional commitments. Rukmani Devi Garg Agro Impex Ltd expressed its deep appreciation for the services rendered by Mr. Gupta and acknowledged his contributions during his time with the company.The material details regarding the cessation of Mr. Gupta’s services are outlined below:DetailInformationResigning OfficerMr. Lakshya GuptaPositionChief Financial Officer (CFO)Effective Date of...

Tipco Engineering India Signs Strategic Collaboration with German Firm LexaMix Tipco Engineering India Limited has announced a strategic collaboration with LexaMix, Germany, to manufacture specialized machinery across several key industrial sectors. This partnership aims to leverage Tipco’s engineering and production capabilities for both domestic and international markets.Under the terms of the collaboration, Tipco Engineering will manufacture process machinery on behalf of LexaMix. The machinery manufactured through this arrangement is designed for the cosmetics, pharmaceutical, and food processing industries.This strategic alliance is expected to significantly boost the company's export potential. The machinery manufactured under...

Viram Suvarn Ltd Reports Resignation of Director Rajeshbhai Shah Viram Suvarn Ltd, formerly known as Veeram Securities Limited, announced the resignation of director Mr. Rajeshbhai Shah. The director tendered his resignation effective April 21, 2026.Mr. Shah, who holds DIN: 07774203, resigned from the company’s board due to personal and unavoidable circumstances. The resignation was received by the company on April 21, 2026.The details regarding the change in the director's tenure are as follows:ParticularsDetailReason for ChangeResignation of Mr. Rajeshbhai Shah (DIN: 07774203)Effective Date of ChangeApril 21, 2026The company has acknowledged the resignation of Mr. Rajeshbhai Shah.Stock Price Movement As of 11:37...

Escorts Kubota Expands Digitrac Series, Launches Three New Tractor Models for Agricultural Sector Lucknow, April 22, 2026 A leading agri-machinery and construction equipment major, Escorts Kubota Limited, announced the significant expansion of its Digitrac series under the Powertrac brand. The company upgraded the popular range from its existing two models to a comprehensive series of five, spanning the 45-55 HP category. This expanded lineup is designed for advanced agricultural use and heavy haulage applications, and is being rolled out across India.The Digitrac series, which sits within the Powertrac brand, is positioned for advanced agricultural and heavy haulage applications. This launch marks the fourth major tractor...