Markets

SEBI and IEPFA Launch Mega Initiative to Unlock Unclaimed Investor Wealth in Bhubaneswar Investor Outreach Drives Claims Resolution for Unpaid Dividends and Shares The Securities and Exchange Board of India (SEBI) and the Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, recently spearheaded a major joint initiative. This endeavor was the sixth 'Niveshak Shivir' held in Bhubaneswar on March 27, 2026.The core objective of this investor outreach program is twofold. It aims to significantly reduce the volume of unclaimed investor assets within the financial system. Furthermore, it assists shareholders directly in reclaiming long-pending unpaid dividends and shares.This proactive joint...

XTGlobal Infotech Wins Internal eForms Modernization Program for U.S. State Transportation Agency XTGlobal Infotech Limited, an IT/ITES company, announced its selection for an Internal eForms modernization program designed for a leading U.S.-based State Transportation Agency. The engagement involves leveraging Adobe Experience Manager (AEM) to transform the agency's internal digital platforms.The award strengthens XTGlobal's position within the U.S. Public Sector and highlights the company's capacity for handling large-scale digital transformation initiatives within the transportation and infrastructure sectors.Details of the Modernization Program The project scope centers on transforming a substantial collection of legacy internal...

Newtrac Foods & Beverages Names Vaibhav Chaturvedi as Whole Time Company Secretary Newtrac Foods & Beverages Limited, formerly known as Markobenz Ventures Limited, announced that its Board of Directors approved the appointment of Mr. Vaibhav Chaturvedi as the Whole Time Company Secretary. The decision was made during the Board Meeting held on April 8, 2026.The Board meeting commenced at 06:00 P.M. and concluded at 06:45 P.M. Following internal discussions, it was approved that Mr. Vaibhav Chaturvedi would be appointed in place of Mr. Jai Prakash Maurya, as Mr. Maurya was found not to be eligible based on the Company's requirements.Mr. Vaibhav Chaturvedi brings professional experience to the role. He is a qualified Company Secretary...

Route Mobile Ltd Announces Change in Senior Management Personnel Route Mobile Ltd has confirmed the departure of Mr. Milind Pathak, Chief Corporate Marketing Officer, who is categorized as Senior Management Personnel (SMP). Mr. Pathak was relieved from his duties effective April 08, 2026.The resignation of Mr. Milind Pathak was cited as being due to family circumstances.The details regarding this change in personnel have been noted with the following specifics:ParticularsDetailsReason for ChangeResignation of Mr. Milind Pathak as Chief Corporate Marketing Officer due to family situation.Date of CessationApril 08, 2026Brief ProfileNot ApplicableIn a communication dated February 26, 2026, Mr. Pathak submitted his...

RITES Ltd Secures Enhanced Order from NALCO for Railway Siding Consultancy RITES Limited has secured an amendment to its Letter of Award (LOA) from National Aluminium Company Limited (NALCO). The contract involves Detailed Engineering & Project Management Consultancy (PMC) for the construction of a Railway Siding at Sankerjang in Phase-I for Utkal-D Coal Mines of NALCO, which is on a Deposit Mode and cost plus turnkey basis.The order originates from a domestic entity. Details of the contract award are summarized below:ParticularsDetailsAwarding EntityNational Aluminium Company Limited (NALCO)Scope of WorkDetailed Engineering & Project Management Consultancy (PMC) for the construction of Railway Siding at Sankerjang in...

Gujarat Mineral Development Corporation Receives Administrative Warning from SEBI Over Disclosure Deficiency Gujarat Mineral Development Corporation Limited received an Administrative Warning from the Securities and Exchange Board of India (SEBI) concerning its disclosures related to capacity expansion at the Sukrha (N) Lignite Mine. The communication noted a deficiency in the manner the company's press release reflected the factual position.The action stems from an investigation by SEBI into suspected insider trading activities involving the company's scrip for the period spanning December 01, 2023, to January 31, 2024.SEBI observed that the press release issued by the company on January 08, 2024, regarding the receipt of...

Globale Tessile Limited Appoints Jitendra Kumar Bhati as Chief Financial Officer Globale Tessile Limited announced the appointment of Mr. Jitendra Kumar Bhati as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company. The board of directors approved this appointment following a meeting held on April 8, 2026.The appointment was made with immediate effect, based on the recommendation of the Nomination and Remuneration Committee.Profile of Appointed CFO Mr. Jitendra Kumar Bhati is an Associate Member of the Institute of Chartered Accountants of India (ICAI). He holds a Bachelor of Commerce degree from Mohanlal Sukhadia University, Udaipur, Rajasthan. Professionally, he brings over 2.5 years of experience...

Icodex Publishing Solutions Ltd States Share Price Movements Are Market Driven Icodex Publishing Solutions Ltd has issued a statement addressing inquiries regarding significant movements in its share price. The company asserted that it remains compliant with applicable regulations concerning the timely disclosure of information impacting share pricing.According to the statement, the company confirmed that there is no undisclosed price sensitive information, nor any impending corporate action or announcement that would affect the price or volume behavior of its scrip. The company emphasized that it has not withheld any information that could impact the share price.The firm concluded that the recent movement in the company's share...

Gayatri Rubbers and Chemicals Gains Traction in Indian Railways with Silicon Mobile Holder Launch Gayatri Rubbers and Chemicals Limited has entered a growth segment within the Indian Railways supply chain by launching its Fire-Retardant/Silicon Rubber Mobile Holders. This expansion marks a notable shift in railway coach interiors, moving towards advanced, fire-retardant rubber solutions aimed at boosting passenger safety and product durability over traditional plastic fittings. The company has reportedly secured its initial pilot order for this specialized component.The potential scope within the Indian Railways sector is significant. For instance, a standard Indian Railway coach accommodating 72 passengers requires 72 units of the...

Network People Services Technologies Secures AI-Powered Risk Management Order from Public Sector Bank Network People Services Technologies Limited (NPST), a digital banking and payments technology company, has secured an order from a public sector bank to deploy its AI-powered Risk Intelligence and Decision Platform (RIDP) for merchant underwriting and monitoring.NPST's RIDP operates on a cloud-native, modular architecture, managing merchant risk across the entire merchant lifecycle across both online and Point of Sale (POS) channels. The solution is structured as a fully managed Software as a Service (SaaS) model, which encompasses technology provision, operational support, regulatory updates, and ongoing services, thereby enabling...

Veefin Solutions Ltd Appoints Anil Kukreja as Business Head for South Asia Veefin Solutions Ltd has appointed Mr. Anil Kukreja as its Business Head for South Asia. Mr. Kukreja brings extensive experience spanning over two decades within the BFSI sector.His expertise lies in areas including payments, digital transformation, and enterprise technology sales across both India and the wider South Asia region. Prior to this role, Mr. Kukreja held leadership positions at recognized organizations such as Euronet, M2P Fintech, and Kyndryl.In these previous roles, he was responsible for managing major banking relationships and leading large scale strategic engagements. Mr. Kukreja is noted for his ability to build high impact partnerships...

Silgo Retail Limited Extends Deadline for Call Payment Period Silgo Retail Limited announced an extension for the closing date of its Call Payment Period. The extension was approved by the Board of Directors during a meeting held on April 08, 2026.The original Call Payment Period was scheduled to open on Friday, April 24, 2026, and close on Wednesday, May 06, 2026. Following the board approval, the closure date has been extended up to Friday, May 08, 2026. All other terms and conditions related to the Rights Issue remain consistent with those approved at the Board of Directors meeting on January 27, 2026.Key dates related to the rights issue and call payment period are summarized below:DetailDateRecord date for ascertaining...

Aqylon Nexus Ltd Reschedules Board Meeting to April 11, 2026 Aqylon Nexus Ltd, formerly known as Sri Adhikari Brothers Television Network Limited, has rescheduled its Board of Directors meeting. The meeting, which was previously communicated for April 8, 2026, is now set to take place on Saturday, April 11, 2026.The agenda for the rescheduled board meeting includes two primary items. Firstly, the board is scheduled to consider and approve the Audited Financial Result (Standalone) of the Company for the quarter and year ended March 31, 2026. Secondly, the board can consider any other business with the permission of the Chairperson.In relation to insider trading guidelines, the trading window closure for dealing in securities of the...

Life Insurance Corporation of India Announces Key Executive Appointments Life Insurance Corporation of India confirmed appointments to key executive roles, effective April 6, 2026, detailing the roles and profiles of the newly appointed officers.In a recent corporate update, the Corporation provided details regarding the appointment of Smt. Lata Madampath and Mr. Gourab Chand to senior positions at the Central Office in Mumbai.Smt. Lata Madampath has been appointed as the Executive Director (Personnel), Central Office, Mumbai. Her appointment follows her elevation to a higher post. Smt. Madampath joined the Corporation in 1990 as an Assistant and was subsequently selected as a Direct Recruit Officer of the 19th Batch in 1992. She...

DCM Shriram Fine Chemicals Limited Receives Credit Ratings for Bank Facilities and Fixed Deposits DCM Shriram Fine Chemicals Limited received credit ratings from CARE Ratings Limited regarding the company's various financial instruments. The ratings were announced via a Press Release dated April 07, 2026.The assigned ratings cover both long-term and short-term bank facilities. According to the details provided, the following facilities and their associated ratings were confirmed:Facility/InstrumentAmount (Rs. Crores)RatingRating actionLong-Term Bank Facilities30CARE A-; stableAssignedShort-term Bank Facilities17.2CARE A2+AssignedDSFCL Stock Price Movement Today, DCM Shriram Fine Chemicals Limited shares edged higher...

KEC International Secures Rs. 2,518 Crores in New Orders Across Multiple Verticals Mumbai, April 08, 2026: KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, has announced the securing of new orders totaling Rs. 2,518 crores across its various business segments.The recent order wins demonstrate significant business activity in Civil, Transportation, Transmission & Distribution (T&D), and Cables & Conductors.Order Highlights by Business Segment The company detailed the new business secured in several key areas:Civil: The Civil business segment secured its largest Commercial Real Estate order to date from a leading real estate developer located in Western India. Transportation: In the transportation...

Capricorn Systems Global Solutions Ltd to Discuss Amalgamation of Radical Bio-Organics Limited at Board Meeting Capricorn Systems Global Solutions Ltd has scheduled a meeting of its Board of Directors for Saturday, April 11, 2026, to discuss key corporate actions, including the amalgamation of M/s. Radical Bio-Organics Limited into the company.The Board meeting, set to take place at the registered office of Capricorn Systems Global Solutions Ltd, will focus on several primary agenda items.A key discussion point is the proposal to consider and approve the amalgamation of M/s. Radical Bio-Organics Limited with and into M/s. Capricorn Systems Global Solutions Limited. This transaction is slated to be governed by Sections 230 to 232 and...

Lexus Granito Equity Shares Listed After Conversion of Warrants on National Stock Exchange Lexus Granito (India) Limited has seen its equity shares listed and admitted to dealings on the National Stock Exchange of India (NSE) beginning April 09, 2026. The listing pertains to a further issue of 300,000 Equity shares of Rs. 10/- each, which were allotted through the conversion of warrants issued via a Preferential issue.The company received necessary trading approval from the NSE regarding the 3,00,000 fully paid-up equity shares allotted pursuant to the conversion of warrants on a preferential basis.The listing details confirm that the security description is "Equity shares of Rs. 10/- each allotted pursuant to conversion of warrants...

AJC Jewel Manufacturers' Subsidiary Esthara Jewels Opens New Showroom in Thrissur AJC Jewel Manufacturers Ltd has confirmed the commencement of operations for its subsidiary, M/s. Esthara Jewels Private Limited, at a newly inaugurated showroom location. The retail venture is situated at Hilite Mall in Thrissur, Kerala.The opening of the showroom took place on April 6, 2026.The new showroom will focus on the retail sale of silver jewellery, a move noted by the company as being consistent with its broader business expansion strategy.Stock Price Movement AJC Jewel Manufacturers Ltd concluded trading Wednesday at ₹97.24, climbing 5.00% for the session. Throughout the day, shares showed tight movement, charting between an intraday low...

Belrise Industries Issues Corporate Guarantee for Subsidiary's Term Loan Facility Belrise Industries Limited has issued a Corporate Guarantee in favor of ICICI Bank UK PLC. This guarantee serves as security for a term loan facility sanctioned to Belrise UK Holdings Limited, which is a step down wholly owned subsidiary of the Company.The Corporate Guarantee amounts to GBP 1,38,60,000, representing the Maximum Liability. The guarantee has been issued in the nature of financial support to the step down subsidiary and constitutes a contingent liability for the Company.Details regarding the guarantee confirm that the Company issued the corporate guarantee to ICICI Bank UK PLC ('Lender') for GBP 1,38,60,000 (" Maximum Liability ") ('...