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Novus Loyalty Ltd Wins Major Contract with Central Bank Of India for Digital Loyalty Programs Novus Loyalty Limited announced the execution of a Service Level Agreement (SLA) with the Central Bank Of India. The agreement, formalized on April 16, 2026, centers on providing comprehensive loyalty rewards program management across the bank’s extensive digital infrastructure.The contract was awarded following a bid process via GeM RFP Bid No. GEM/2025/B/6413323. The scope of work involves the end-to-end deployment, management, and migration of loyalty and rewards programs. These programs cover various digital channels, including Debit Cards, UPI, Internet Banking, and Mobile Banking.Novus Loyalty Limited stated that this engagement...

Paramatrix Technologies' PLAYMITY Wins Best Product Innovation Award at BFSI Tech Summit Navi Mumbai, India - Paramatrix Technologies Limited, a provider of enterprise software products and digital IT services, announced that its AI-driven gamification platform, PLAYMITY, was honored with the 'Best Product Innovation' award in the BFSI category. The recognition was presented at the 4th BFSI Tech Summit & Awards 2026, held at ITC Maratha, Mumbai.The award highlights breakthrough innovation in technology solutions within the BFSI sector and underscores Paramatrix's focus on developing AI-led, outcome-driven platforms. Organized by UBS Forums, the summit gathered senior leaders from the banking, financial services, and insurance sectors...

Avio Smart Market Stack Signs MoU with UAL Biotech to Advance Sustainable Agriculture in India Avio Smart Market Stack Limited (ASMS), formerly known as Bartronics India Limited, has formed a Memorandum of Understanding (MoU) with UAL Biotech Pte Ltd, a Singapore-based bio-innovation company. The collaboration, announced on 17 April 2026, aims to explore opportunities in sustainable agriculture and comprehensive rural ecosystem development across India.The partnership intends to leverage the strengths of both entities. ASMS brings its extensive rural digital network, which spans over 5,000 villages and reaches an estimated 40 million farmers and rural residents. UAL Biotech contributes its expertise in eco-sustainable biological...

Future Lifestyle Fashions Ltd Holds 34th Committee of Creditors Meeting The Committee of Creditors (CoC) for Future Lifestyle Fashions Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP), held its Thirty Fourth meeting on Wednesday, April 15, 2026.The meeting of the CoC was conducted for the company's ongoing resolution process. This event marked a significant milestone in the management and resolution structure of Future Lifestyle Fashions Limited.FLFL Stock Price Movement As of 9:02 AM, shares of Future Lifestyle Fashions Limited are slipping by 0.71% in pre-open trading, currently at ₹1.4. The stock is trading well below its previous close of ₹1.41 as the market begins its day.Source:

Lupin's Subsidiary Reaches Settlement in Major Antitrust Litigation Lupin Pharmaceuticals, Inc. USA (LPI), a wholly owned subsidiary of Lupin Limited, has entered into a Settlement Agreement with Humana Inc., one of the plaintiffs involved in multiple civil lawsuits. The settlement resolves allegations concerning anticompetitive behavior and violations of federal and state antitrust laws.The multiple civil lawsuits were combined into a collection of similar cases known as In Re Generic Pharmaceuticals Antitrust Litigation, located in Philadelphia, Pennsylvania. While LPI denies all allegations, the company proceeded with the settlement agreement with Humana Inc. in order to avoid the costs and uncertainties associated with continued...

Aditya Birla Sun Life AMC to Hold Board Meeting on April 23, 2026, for FY 2026 Results Aditya Birla Sun Life AMC Ltd. announced that its Board of Directors meeting is scheduled for Thursday, April 23, 2026. The meeting is set to consider and approve critical corporate outcomes relating to the financial year ended March 31, 2026.The primary items slated for discussion and approval include:The Audited Financial Results, both Standalone and Consolidated, for the quarter and the year ended March 31, 2026. A recommendation regarding the declaration of a Dividend, if applicable, on the Company's Equity shares for the financial year ended March 31, 2026.The Company also provided an update regarding the trading window for its...

Lloyds Luxuries Approves Audited Financial Results and Appoints New Internal Auditors Lloyds Luxuries Limited announced on April 16, 2026, that its Board of Directors held a meeting where it considered, noted, and approved the audited standalone financial results for the Half Year and Financial Year ended March 31, 2026.The Board also approved the appointment of M/s. Todarwal & Todarwal LLP, a practicing Chartered Accountant LLP, to serve as the Internal Auditors for the Financial Year 2026-27.Financial Year 2026 Results The company submitted the audited standalone financial results and the Independent Auditor's Report following the Board meeting. The auditors issued an opinion confirming that the financial statements give a true...

InfoBeans Technologies to Hold Board Meeting on April 28, 2026, to Discuss Q4 Results and Dividend InfoBeans Technologies Limited, formerly known as InfoBeans Systems India Private Limited, has announced a Board Meeting scheduled for April 28, 2026. The meeting is set to take place via video conferencing, commencing at 09:00 a.m.The board is scheduled to consider several key matters, focusing primarily on the company's financial performance for the financial year ended March 31, 2026.The agenda for the meeting includes:S. No.Agenda ItemDescription1Financial ResultsConsideration of the audited standalone and consolidated financial results for the fourth quarter and the year ended on March 31, 2026, along with other incidental...

NTPC Green Energy Boosts Capacity with Commercial Operation of 150 MW Solar Project NTPC Green Energy Limited, a subsidiary of NTPC Limited, has reported the commencement of commercial operation for a significant solar project, boosting the group's overall installed capacity.The company announced that 150 MW of solar capacity, sourced from the total installed capacity of 300 MW Solar Project, is now operational. This project is located in Rajasthan and belongs to Project Sixteen Renewable Power Private Limited, a step down subsidiary of the joint venture between ONGC and NTPC Green Private Limited. The commercial operation of this solar capacity was declared effective from April 18, 2026.The addition of this capacity significantly...

Kerala Ayurveda Ltd: BSE Rejects Waiver Application for Fine Related to Board Composition Kerala Ayurveda Ltd reported details regarding a fine imposed by the Bombay Stock Exchange (BSE) concerning non-compliance related to the company’s board composition. The company stated that BSE Limited rejected a waiver application submitted by Kerala Ayurveda Ltd on September 9, 2025.The fine, amounting to ₹5,31,000/- including 18% GST, was originally imposed by BSE on August 29, 2025. The non-compliance was attributed to the requirements pertaining to the composition of the Board for the period spanning October 1, 2024, to June 30, 2025.Kerala Ayurveda Ltd confirmed that it remitted the entire fine amount of ₹5,31,000/- to BSE Limited on...

Gujarat Hotels Ltd Announces Board Meeting on April 23, 2026 Gujarat Hotels Ltd has announced that its Board of Directors meeting has been convened for Thursday, April 23, 2026.The meeting is scheduled to address several critical items related to the company’s financial performance for the financial year 2025-26.Key items on the agenda include the consideration and approval of the Audited Financial Results of the Company. These results cover both the Quarter and the full Twelve Months ended March 31, 2026. Attendees will also review the Balance Sheet as of March 31, 2026, alongside the Statement of Profit & Loss and the Cash Flow Statement for the financial year concluded on that date, along with the respective Notes.Additionally...

Durlax Top Surface Limited Approves Capital Raise via Warrants and Increased Director Remuneration Durlax Top Surface Limited announced several key resolutions following its Board of Directors meeting held on Thursday, April 16, 2026. The board considered and approved matters concerning capital raising and the increase in remuneration for certain directors, pending requisite shareholder approval.The meeting, which commenced at 18:00 PM and concluded at 22:40 PM, focused primarily on securing funds and revising director compensation structures.Preferential Issue of Fully Convertible Warrants The board proposed raising funds by issuing and allotting up to 1,03,15,790 Fully Convertible Warrants (Warrants/Convertible Warrants) on a...

Embassy Developments Completes Sale of Sepset Real Estate, Non-Subsidiary Status Effected Embassy Developments Limited successfully completed the transfer of 100% of the equity share capital of Sepset Real Estate Limited, marking the company’s departure as a subsidiary. The transaction was finalized on April 16, 2026, following the execution of a Share Purchase Agreement (SPA).The sale involved Sepset Real Estate Limited, which is a wholly owned subsidiary of Embassy Developments Limited. The SPA was entered into with Pen India Private Limited, identified as a third party independent buyer, who purchased the entire equity share capital.According to the company, upon the satisfactory fulfillment of all closing precedents and...

Universus Photo Imagings Wins in Appeal Dismissal Before NCLAT Universus Photo Imagings Limited announced that the National Company Law Appellate Tribunal (NCLAT), New Delhi, has dismissed an appeal filed by shareholder Mr. Ankit Jain. The NCLAT allowed the withdrawal application submitted by Mr. Jain, effectively concluding the legal challenge against the company.The development follows earlier proceedings where the Honble NCLT, Allahabad Bench, had already addressed the matter. Previously, the NCLT had passed an order on October 15, 2025, dismissing the initial petition filed by Mr. Ankit Jain and favoring Universus Photo Imagings Limited.Mr. Ankit Jain had challenged the NCLT's order by filing an appeal before the NCLAT...

Kolte-Patil Developers Reports Strong Operational Update for Q4 and Full Year 2026 Kolte-Patil Developers Limited announced its operational update for the quarter and full year ended March 31, 2026, highlighting significant growth in sales and collections across its real estate ventures. The Pune-based developer, which also has a presence in Mumbai and Bengaluru, reported key performance figures for Q4 FY26 and FY26.Operational Performance Summary (Rs. crore) The company’s performance data for Q4 FY26 and the full year FY26 is detailed below:New Area SalesFY26FY25YoYQ4 FY26Q3 FY26Q4 FY25QoQYoYValue (Rs. crore)26052791-7%71460563118%13%Volume (million sq. ft.)3.133.6-13%0.740.690.87%-7%Realization (Rs./sq...

Swelect Energy Systems Commission 110/33 KV Pooling Substation in Tamil Nadu Swelect Energy Systems Limited successfully commissioned a newly erected 110/33 KV Pooling Substation (PSS) in Sirungattur, Tiruvanamalai District, Tamil Nadu. The commissioning was reported as taking place on April 16, 2026.The substation introduction included a 1 X 50 MVA, 110/33 KV Power Transformer, providing 110 KV connectivity at the Sirungattur 110/33-11 KV Substation.This operational expansion supports the evacuation of a 50 MW Solar Power project located in the Villupuram Operation Circle. The commissioning marks a significant milestone for the company in enhancing power connectivity infrastructure.SWELECTES Stock Price Movement Today, Swelect...

KPI Green Energy Secures Inter-State Power Trading Licence, Enabling Pan-India Operations KPI Green Energy Limited has achieved a significant milestone in its operational scope, securing an Inter-State Power Trading Licence (Category IV) from the Central Electricity Regulatory Commission (CERC). This approval marks a major step towards establishing the company as a comprehensive, pan-India power trading platform.The grant of the CERC licence authorizes KPI to conduct electricity trading across state boundaries. This development is strategically paired with the intra-state power trading licence previously obtained from the Gujarat Electricity Regulatory Commission (GERC). Together, these two approvals empower KPI Green Energy to...

NCLT Disposes of Application Regarding Withdrawal of Abans Jewels and Abans Enterprises Amalgamation Scheme The National Company Law Tribunal (NCLT), Mumbai Bench, has disposed of an application related to the withdrawal of the Scheme of Amalgamation between Abans Jewels Limited and its wholly owned subsidiary, Abans Enterprises Limited.The filing concerns the legal proceedings involving Abans Enterprises Limited and Abans Jewels Limited, detailing the withdrawal of the proposed Scheme of Amalgamation between the two entities and their respective shareholders.In the hearing held on March 12, 2026, the Tribunal noted that both the Transferor and Transferee Companies had passed their respective Resolutions for the withdrawal of the...

Brookfield India REIT Issue Committee Approves Institutional Placement at ₹329.94 Per Unit Brookfield India Real Estate Trust (BIRET) announced that its Issue Committee of the Board of Directors of Brookprop Management Services Private Limited, the Manager, approved the key parameters for a fundraising through an institutional placement. The committee meeting was held on Thursday, April 16, 2026.The decision follows the approval granted to the raising of funds by BIRET’s unitholders at a meeting held on Tuesday, April 7, 2026, for an institutional placement of units.During its meeting on April 16, 2026, the Issue Committee made several critical approvals regarding the placement. The committee approved:1. The opening of the Issue...

DCX Systems Ltd Receives Purchase Order of INR 9.30 Crores from IAI-ELTA Systems Limited DCX Systems Ltd announced on April 16, 2026, the receipt of a purchase order from its customer. The order, received in the normal course of business, totals approximately INR 9.30 Crores.The transaction involves the manufacture and supply of Transmitter Receiver Modules. The purchase order was placed by IAI-ELTA Systems Limited, which is based in Israel.The details of the order are provided below:Sl. No.Nature of Order(s)Name of the CustomerOrder Value1Manufacture and supply of Transmitter Receiver ModuleIAI-ELTA Systems Limited, IsraelINR 9.30 CroresDCXINDIA Stock Price Movement Today, DCX Systems Limited shares edged higher to close...