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Adani Airport City Limited Incorporates Four New Wholly Owned Subsidiaries Adani Airport City Limited, a step-down wholly owned subsidiary of Adani Enterprises Ltd, has successfully incorporated four new wholly owned subsidiaries. The information regarding this incorporation was received by the parent company on April 11, 2026, at 03:20 PM IST.The newly established entities are Adani Mangaluru Airport City Limited (AMACL), Adani Jaipur Airport City Limited (AJACL), Adani Lucknow Airport City Limited (ALACL), and Adani TRV Airport City Limited (ATACL). All four subsidiaries are wholly owned by Adani Airport City Limited, which itself is a step-down wholly owned subsidiary of Adani Enterprises Ltd.Details of New Entities The...

Affordable Robotic & Automation Limited Subsidiary Signs Term Sheet for Fund Raise Affordable Robotic & Automation Limited's subsidiary, ARAPL RaaS Private Limited, entered into a Term Sheet on April 9, 2026. The agreement was executed with Sai Green Projects Private Limited, which is identified as the Investor. The transaction involves a proposed fund raise of up to INR 48 Crore.The financing is structured through multiple tranches via the subscription of equity shares in ARAPL RaaS Private Limited. This potential investment is stated to be contingent upon several factors, including satisfactory due diligence and the receipt of necessary approvals, such as board and shareholder approvals where applicable, in addition to the execution...

RBL Bank Approves Amendment Agreement and Extraordinary General Meeting The Board of Directors of RBL Bank Limited approved, at a meeting held on April 11, 2026, the execution of an amendment agreement to the existing Investment Agreement with Emirates NBD Bank (P.J.S.C). Additionally, the Board sanctioned convening an extraordinary general meeting to seek shareholder approvals on key corporate matters.The initial Investment Agreement, executed on October 18, 2025, set out terms for the proposed issuance of up to 95,90,45,636 fully paid up equity shares of the Bank, each with a face value of INR 10/-. The proposed transaction involved a price of INR 280 per equity share, aggregating to INR 268,53,27,78,080.Amendment to Investment...

Alpa Laboratories Limited Appoints Company Secretary and Compliance Officer Alpa Laboratories Limited announced the appointment of Ms. Yashoda Patidar as the Company Secretary and Compliance Officer. The Board of Directors, following the recommendations of the Nomination and Remuneration Committee, approved this appointment during a meeting held on Saturday, April 11, 2026.The appointment of Ms. Yashoda Patidar was effective from April 11, 2026.Details regarding the appointment, as per the relevant requirements, indicate that Ms. Yashoda Patidar is an Associate Member of the Institute of Company Secretaries of India and a qualified Company Secretary, holding Membership No. A76970.The particulars of the appointment are summarized...

Fedbank Financial Services Ltd Receives Reaffirmed Credit Ratings from CareEdge Ratings Fedbank Financial Services Ltd received reaffirmed credit ratings for its facilities and instruments from CareEdge Ratings on April 11, 2026. The ratings cover various debt instruments and bank facilities, indicating continued support for the company's financial standing.The rating agency provided ratings for several key facilities and instruments. For long term / short term bank facilities, an amount of 10,000.00 INR crore was rated, which was enhanced from 7,500.00 INR crore. The rating assigned was CARE AA+; Stable / CARE A1+, with the revised rating also stated as CARE AA+; Stable / CARE A1+ (Reaffirmed).The rating details for other...

ACC Limited Receives Order Under CGST/KSGST Act, 2017 ACC Limited received an Order under Section 74 of the CGST/KSGST Act, 2017, amounting to Rs. 59,80,58,854/- (including interest and penalty). The company stated that it will contest these orders before the appropriate authorities within the prescribed timeline.The order was received on April 10, 2026, from the Joint Commissioner Taxpayer Services Circle, Thalassery: Kannur: Kerala.Details concerning the action taken by the authority indicate the allegation of excess availment of ITC in GSTR 3B vis à vis GSTR 2A, irregular deduction of post supply discounts, availment of blocked ITC under Section 17(5) of the CGST Act, 2017, and failure to reverse ITC on goods lost where insurance...

Everest Industries Limited to Withdraw Credit Rating Service from ICRA Everest Industries Limited has seen ICRA Limited withdraw its credit rating service for certain bank finance instruments. The withdrawal followed a voluntary request by Everest Industries Limited to ICRA.ICRA Limited issued a letter dated April 10, 2026, confirming the rating action. The withdrawal covered four main areas of credit facilities:Long Term Fund Based Cash Credit: The rating [ICRA]A(Negative) was withdrawn. Short Term Non-Fund Based Others: The rating [ICRA]A2+ was withdrawn. Long Term/Short Term Unallocated: The rating [ICRA]A(Negative)/[ICRA]A2+ was withdrawn.In total, the instruments with withdrawn ratings amounted to Rs. 440 crore.The...

Baazar Style Retail Opens Two New Stores in Uttar Pradesh and West Bengal Baazar Style Retail Limited announced the opening of two new stores under its Style Baazar brand. The new outlets are located at Rai Bareli Road in Uttar Pradesh and at Axis Mall in West Bengal.With the addition of these two locations, the company's total store count now stands at 269.STYLEBAAZA Stock Price Movement On Friday, Baazar Style Retail Limited shares rallied to close at ₹293.00, marking a 2.09% advance. The stock found support during the session, recording a total volume of 756,431 shares traded.Source:

Tata Teleservices Receives Order from TRAI Regarding Unsolicited Commercial Communications Tata Teleservices (Maharashtra) Limited received an order from the Telecom Regulatory Authority of India (TRAI) on April 10, 2026, concerning compliance with the Telecom Commercial Communications Customer Preference Regulations, 2018, for the quarter ending June 2024. The company stated that it is currently reviewing the order and evaluating subsequent steps.The directive resulted in a financial disincentive being levied by TRAI, amounting to Rs.64,000/- (Rupees Sixty Four Thousand only).The nature of the action pertains to the failure to curb Unsolicited Commercial Communications (UCC) sent through the Company's network, which was a...

Honda to Boost Software Capabilities: Analyzing Proposed 21% Stake in Astemo Acquisition Details of the Proposed Combination The transaction under review involves Honda Motor Co., Ltd. acquiring a 21% voting interest in Astemo, Ltd. The sale interest is being acquired from Hitachi, Ltd. The transaction is classified as a Proposed Combination, which is notifiable under Section 5(a)(i)(A) of the Competition Act, 2002 (as amended).Strategic Rationale for the Parties Involved For Honda Motor Co., Ltd., the acquisition is geared towards enhancing its software-defined vehicle development capabilities. The move is expected to boost the company's cost competitiveness by capitalizing on the growth potential within Astemo. Separately, Hitachi...

Silgo Retail Limited Submits Quarterly Certificate for Quarter Ended March 31, 2026 Silgo Retail Limited confirmed the submission of a certificate pertaining to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, covering the quarter ended March 31, 2026.The company enclosed a copy of the Certificate dated April 10, 2026, received from its Registrar and Share Transfer Agent, M/s Bigshare Services Private Limited, which holds SEBI Registration No. INR000001385.In the context of the regulations, the company confirmed that the securities received from the depository Participants for dematerialization up to March 31, 2026, were confirmed (accepted/rejected) to the depositories by Silgo Retail Ltd...

Ambuja Cements Receives GST Demand Order of Rs. 19,29,92,594 from Nagpur Authority Ambuja Cements Limited received a demand order from the Superintendent (ADJ.) CGST and CX Nagpur-I concerning the Goods and Services Tax Act, 2017. The order, which includes penalty and interest, totals Rs. 19,29,92,594/-.The demand pertains to alleged violations by the department, specifically excess availment of ineligible Input Tax Credit (ITC) due to GSTR 2B mismatches and delayed payment of GST under reverse charge on mining royalty for the Financial Years 2019-20 through 2022-23.The Company received this order on April 10, 2026.In response to the order, Ambuja Cements Limited stated it is currently taking appropriate steps to file an appeal...

Anzen India Energy Yield Plus Trust Appoints Additional Director at Investment Manager Anzen India Energy Yield Plus Trust's Investment Manager, EAAA Real Assets Managers Limited (formerly Edelweiss Real Assets Managers Limited), has appointed Mr. Vijayanand Semletty as an Additional Director. The board approved this appointment following a recommendation from the Nomination and Remuneration Committee.The appointment is effective from April 10, 2026.Mr. Vijayanand Semletty, who holds DIN: 08414988, is appointed as an Additional Non-Independent Director of the Company.Details regarding Mr. Semletty's profile and appointment are outlined below.DetailInformationNameMr. Vijayanand SemlettyRoleAdditional Director...

Cyber Media Approves Forfeiture of Partly Paid Equity Shares Cyber Media (India) Limited announced the approval for the forfeiture of partly paid-up equity shares following the non-receipt of the First and Final Call Money from certain shareholders. The decision was made by the Company's Rights Issue Committee of the Board of Directors during a meeting held on Saturday, April 11, 2026.The forfeiture action pertains to 1,71,329 partly paid-up equity shares. This action follows a Final Reminder cum Forfeiture Notice issued on March 05, 2026, which provided holders with a final opportunity to remit the outstanding Call Money between March 24, 2026, and April 07, 2026.The Company stated that after the specified period, the Call Money on...

SJ Corporation Ltd Receives Listing Approval for 3.5 Million Equity Shares SJ Corporation Ltd has received listing approval from the Bombay Stock Exchange (BSE) Limited for the listing of 3,50,00,000 equity shares. The shares are being listed on a preferential basis.The approval pertains to 3,50,00,000 equity shares of Re. 1/- each. These shares are issued at an issue price of Rs. 12/- each, which includes a premium of Rs. 11/- per share, designated for proposed promoters and non-promoters.In a communication dated April 10, 2026, related to the listing of 3,50,00,000 equity shares of Re. 1/- each issued at a premium of Rs. 11/- to promoters and non-promoters on a preferential basis, the Exchange confirmed its pleasure in granting...

Mangalam Industrial Finance Integrates Artificial Intelligence Across Core Operations Mangalam Industrial Finance Limited (MIFL) announced the strategic integration of advanced Artificial Intelligence (AI) technologies across its core operations, marking a significant step toward becoming a technology-driven Non-Banking Financial Company (NBFC).The AI-led transformation is set to enhance critical functional areas within the company. Key improvements are expected in credit assessment, fraud detection, loan processing, and customer engagement. By utilizing intelligent algorithms and data-driven insights, MIFL aims to improve the accuracy of risk evaluation, facilitate faster decision-making, and provide highly personalized financial...

Veerhealth Care Ltd Secures Order for Personal Care Products from New York Company Veerhealth Care Ltd has received an order for personal care products from a New York based company, an agreement that aggregates to an accepted value of $1,60,650, or approximately 150 lakhs (Rupees One Fifty Lakhs). The company noted that this new order represents a significant opportunity and an anticipated source of additional growth in turnover.The details of the contract award confirm that the order is for the supply of body care products. The transaction involves an international entity, with the terms specified as FOB Nhava Sheva.Key details regarding the order include:Nature of Order: Supply of body care products Origin of Order...

Fire Incident Occurs at Sundaram Brake Linings Plant in Virudhunagar Sundaram Brake Linings Limited, manufacturers of TVS Brake Linings and Clutch Facings, reported a fire incident at its Plant I located in Kariapatti, Virudhunagar, Tamil Nadu. The fire occurred on Friday, April 10, 2026, at approximately 09:55 P.M. (IST).The company stated that the fire was controlled within time, resulting in no casualty or injury to life. However, the operations at the affected facility will temporarily shut down.The extent of damage to assets and equipment is presently under evaluation, and a detailed estimate is expected to be determined later.Sundaram Brake Linings Limited confirmed that the asset at the affected plant is adequately insured...

R.S. Software (India) Ltd to Hold Board Meeting on May 7, 2026 R.S. Software (India) Ltd announced that its Board of Directors will convene a meeting on Thursday, May 7, 2026, at 11:30 AM. The primary agenda for the meeting is to consider and approve the Audited Financial Results for the Quarter and the Financial Year ending March 31, 2026, along with other related matters.The company, which is an ISO 9001:2015 and ISO/IEC 27001:2013 certified entity, operates from its Development Center located at RS Tower, Block DN-9, Saltlec Sector - V, Salt Lake City, Kolkata 700091, India.R.S. Software maintains a presence in international markets. Its US Office is situated at 1900 McCarthy Boulevard, Suite #103, Milpitas, CA 95035. The company...

Bharat Coking Coal Ltd to Hold Board Meeting on April 18, 2026 Bharat Coking Coal Ltd, a subsidiary of Coal India Limited and a Government of India Undertaking, has scheduled its 441st Board of Directors meeting for Saturday, April 18, 2026.During the meeting, the company plans to consider, approve, and take on record the Audited Financial Results of the Company (Standalone) for the 4th quarter of the Financial Year ended March 31, 2026. This action is slated to take place after the results are reviewed by the Audit Committee of the Board.BHARATCOAL Stock Price Movement On Friday, Bharat Coking Coal Limited shares edged higher to close at ₹32.74, gaining 0.21% for the session. The stock settled amid significant activity, recording a...