Markets

Key Banks Expanded: RBI Authorizes 15 Institutions for Gold and Silver Imports The Government of India, through the Ministry of Commerce & Industry, has issued a significant public notice detailing amendments to the list of authorized banks for importing precious metals. The update, effective from April 1, 2026, modifies the regulatory landscape for India’s gold and silver trade finance sector.The Directorate General of Foreign Trade (DGFT) announced the changes via a notice dated April 17, 2026. The amendments are crucial for trade participants needing to understand the updated banking network for bullion imports.Expanded List for Gold and Silver Imports Under Appendix 4B of the Handbook of Procedures, 2023, the DGFT has released...

Subsidiary Madanlal Estates Sees Tax Liability Reduced to Zero After Order Allied Blenders and Distillers Limited has announced a significant development concerning its subsidiary, Madanlal Estates Private Limited, following a favorable tax order. The company confirmed that Madanlal Estates Private Limited received an order on April 15, 2026, which significantly reduced the outstanding tax liabilities of the entity.The order, issued by the Commissioner of Income Tax (Appeal), resulted in the entire Income Tax liability of Rs. 0.39 Crore, along with accrued interest of Rs. 0.19 Crore, being reduced to zero. Allied Blenders and Distillers Limited received confirmation of this favorable ruling on April 16, 2026.The development relates...

Aurum PropTech to Host Earnings Call Reviewing Q4 and FY 2025-2026 Performance Aurum PropTech Ltd is scheduled to host an Earnings Conference Call to review its performance for the quarter and year ended March 31, 2026. The call is set for Monday, April 27, 2026, commencing at 4:00 p.m. IST.The focused theme for the session is "Q4 | FY 2025-2026 Poised to Accelerate."The Earnings Conference Call will be conducted via digital means, providing an update on the company's operational and financial standing for the quarter ending March 31, 2026.The call will feature key members of the management team, providing insights into the company's strategic direction. The participants include:RoleNameTitle/AffiliationFounder and CEOMr...

Windlas Biotech Ltd Board Approves Buyback of Shares Worth Up to INR 47 Crore Windlas Biotech Ltd announced that its Board of Directors approved a buyback of its fully paid-up equity shares. The resolution, passed at a meeting held on April 17, 2026, outlines the terms for repurchasing a specified portion of its equity capital.The Board approved a buyback of up to 4,70,000 fully paid-up equity shares, each having a face value of INR 5.00. This buyback represents 2.23% of the company's total existing paid-up equity share capital. The maximum potential value of the buyback is set at INR 47,00,00,000, representing 9.80% of the aggregate of the total paid-up equity share capital and free reserves (including securities premium) as of March...

Bajaj Electricals Limited Receives Adverse Appeal Order, Upholding GST Demand of Rs. 1.16 Crore Bajaj Electricals Limited announced an update regarding a tax demand dispute stemming from an assessment order issued by the Assistant Commissioner of Sales Tax, Kotwali, Bihar. The company confirmed receipt of an adverse appeal order from the Appellate Authority, upholding the original demand of Rs. 1.16 crore.The dispute originated from an assessment order dated May 25, 2023, issued by the GST Authority. This order raised a total demand of Rs. 1.16 crore, which included a general penalty of Rs. 39.58 lakh. The demand related to an alleged disallowance of transitional credit availed in 'Form Tran 1'.The company had previously appealed...

JSW Steel Partners with POSCO Group for 6 MTPA Integrated Steel Plant in Odisha JSW Steel Ltd., a company part of the O. P. Jindal Group, has approved entering into a Share Subscription and Joint Venture Agreement with POSCO Co., Ltd. and POSCO-India Private Limited (collectively referred to as the POSCO Group). This strategic partnership involves Saffron Resources Private Limited, a wholly owned subsidiary of JSW Steel, becoming a 50:50 Joint Venture between JSW Steel and the POSCO Group.The proposed joint venture aims to establish a greenfield 6 MTPA integrated steel plant in Odisha. Saffron Resources currently possesses 887 acres of land in Odisha, of which approximately 595 acres are freehold and 292 acres are leasehold, which can...

WOL3D India Expands Operations with New 50,400 Sq. Ft. Warehouse Facility in Bhiwandi WOL3D India Limited, a leading 3D printing solutions provider, has announced a major expansion of its operational footprint in Maharashtra. The company launched a new, state-of-the-art warehouse facility in Bhiwandi, strategically designed to meet the escalating demand for 3D printing technology and its related ecosystem.The expanded facility, located at Godown Nos. E1, 2, 3, Building No. E1, VRINDAVAN COMPLEX, Bhiwandi - Nashik Highway, Sonale Village, Bhiwandi - 421302, is set to significantly enhance the company's manufacturing and overall operational capabilities.The expansion enables the company to support large-scale filament manufacturing...

Bajaj Finance Allots Secured Non-Convertible Debentures Worth Rs 2004.31 Crore on Private Placement Bajaj Finance Limited has announced the allotment of Secured Redeemable Non-Convertible Debentures (NCDs) through a private placement basis. The company allotted 2,00,400 NCDs, with each debenture having a face value of Rs 1,00,000, aggregating to a total value of Rs 2004.31 crore.The allotment of these debentures was completed on April 17, 2026.Key Details of the NCD Issuance The debentures carry a coupon rate of 7.77% per annum. The repayment and interest payments are scheduled across three dates.The following table outlines the structure and key parameters of the NCDs:ParameterDetailTotal Size of Issue2,00,400 NCDsFace...

Shadowfax Technologies to Acquire Remaining Stake in CIPL, Making it Wholly Owned Subsidiary Shadowfax Technologies Ltd is set to acquire the final remaining shares of Criticalog India Private Limited (CIPL) from its founders, thereby making CIPL a wholly owned subsidiary of the Company.The acquisition finalizes the Company’s stake in CIPL, which is a key player in the logistics and supply chain sector.In a structured buying process, the Company had previously acquired significant holdings in CIPL in multiple tranches. As of January 22, 2026, Shadowfax Technologies had acquired two tranches of CIPL Equity Shares (6,716 shares, representing 72.31% of CIPL’s equity shareholding) and 15,417 CIPL Preference Shares (representing 100% of...

Shyam Metalics Scales Up Value-Added Steel Portfolio with Commissioning of Phase II CRM Facility Shyam Metalics and Energy Limited, a leading integrated metal producer in India, announced the successful commissioning of Phase II of its Cold Rolling Mill (CRM) facility. Located at its Jamuria plant in West Bengal, the facility significantly enhances the company's capacity in the value-added steel segment. The facility operates through the company's wholly owned subsidiary, Shyam Sel and Power Limited (SSPL), and commenced commercial production effective April 16, 2026.The Phase II expansion introduces an advanced processing Dual Pot GI cum Galvalume (GL) line with a capacity of 0.15 million tonnes per annum (MTPA). This incremental...

Bajaj Housing Finance Allots Secured NCDs Worth Rs. 1008.3292 Crore on Private Placement Basis Bajaj Housing Finance Ltd has announced the allotment of Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The company confirmed that its Debenture Allotment Committee, at a meeting held on April 17, 2026, allotted 1,00,000 NCDs, each having a face value of Rs. 1,00,000, aggregating to Rs. 1008.3292 crore (including discount and accrued interest).The total issue size for the debentures stands at Rs. 1008.3292 crore. The debentures are set to be listed on the Wholesale Debt Market Segment of BSE Limited.The NCDs carry a coupon rate of 7.25% per annum. The first interest payment is scheduled for January 22...

City Union Bank Opens New Branch in Hyderabad, Bolstering Network City Union Bank Ltd has reported the opening of a new branch, expanding its operational footprint in Telangana. The bank confirmed that the newly opened facility, located in Kokapet, contributes to its growing network, bringing the bank's total count to 964 branches.The new branch was opened on April 17, 2026.The newly established branch is situated in the Kokapet area of Hyderabad.Details of the new branch location are as follows:Branch NameCBS CodeAddressKokapet00969House No: 10-16, GKR Square, Radial Road No.5, Shanthi Nagar Road, Kokapet, Gandipet Mandal, Hyderabad - 500 075, Rangareddy District, Telangana.CUB Stock Price Movement Shares of City Union...

Indo Amines Ltd. Records Resignation of Independent Director Vijay Sane Indo Amines Ltd. has confirmed the resignation of Mr. Vijay Yeshwant Sane from the post of Independent Director of the company. The resignation, tendered by Mr. Sane, is effective from April 16, 2026.Mr. Sane (DIN: 10153927) formally submitted his resignation letter, stating that he is stepping down due to pre-occupations elsewhere, which would prevent him from fulfilling his responsibilities to the Company. He further confirmed that there are no other material reasons for his departure from the Board of Directors.The company released the details of the change, confirming that the resignation of Mr. Sane as an Independent Director is effective from the close of...

K. V. Toys India Reports Strong Growth with Q4 FY26 Revenue Up 26.77%, FY26 Sales Up 38.59% K. V. Toys India Limited has reported significant growth momentum in the fiscal year 2026 (FY26), driven by product diversification, expanded distribution reach, and strong performance across its core toy segments. The company continues its strategic shift toward a brand-led model and gradual integration of manufacturing processes, aligning with domestic market opportunities.Revenue Growth Performance The company detailed its revenue performance, showcasing robust year-over-year growth for both the fourth quarter of FY26 and the full fiscal year 2026.MetricFY26 PerformanceQ4 FY26 Revenue Growth26.77%FY26 Revenue Growth (YoY)38.59%...

Mangal Electrical Industries Receives Order for ₹55.73 Lakhs Regarding GST and ITC Mangal Electrical Industries Ltd has been directed by the Office of the Appellate Authority (Government of Rajasthan) State Tax, Jaipur-First, Jaipur, following an order issued on June 9, 2023. The directive relates to Input Tax Credit (ITC) and the applicability of Goods and Services Tax (GST) on corporate guarantees provided by the company's Directors to banks.The order, filed under Section 107 of the Rajasthan/Central GST Act, 2017, read with Section 20 of the Integrated Goods and Services Tax Act, 2017, concerns the alleged irregular availment of ITC and the GST applicability on corporate guarantees.The company noted that the order was uploaded on...

BlueStone Jewellery and Lifestyle to Host Q4 FY26 Earnings Conference Call BlueStone Jewellery and Lifestyle Ltd is set to host a conference call to discuss the company's results for the fourth quarter of the fiscal year 2026 (Q4 FY26).The conference call is scheduled for Friday, April 24, 2026. The session will commence at 11:00 AM Indian Standard Time (IST).The management team representing BlueStone Jewellery and Lifestyle Limited, which was formerly known as Bluestone Jewellery and Lifestyle Private Limited, will include key executives. Participants will hear from Gaurav Singh Kushwaha, Founder & Chief Executive Officer; Vipin Sharma, Chief Merchandising Officer; and Rumit Dugar, Chief Financial Officer.The company provided the...

Aditya Birla Housing Finance Reports Significant Shareholding Change Following Preferential Issue Aditya Birla Housing Finance Limited (ABHFL) announced on April 17, 2026, that its Board of Directors approved a major preferential issue, fundamentally altering the parent company's shareholding structure. The transaction involved the allotment of shares to Indriya Limited, an entity associated with Advent International, L.P.During its meeting on April 17, 2026, the ABHFL Board approved the issuance of 12,32,52,061 equity shares. Each share had a face value of INR 10, and the shares were allotted at a price of INR 223.12 per equity share to Indriya Limited. This issuance was executed on a private placement basis.The preferential issue...

Future Consumer Limited Update Following NCLT Hearing on Resurgent India Special Situations Fund Case Future Consumer Limited provided an update regarding the case filed against the company at the NCLT (Mumbai) by Resurgent India Special Situations Fund.The recent hearing saw the company's counsel resume arguments before the tribunal. However, the Hon'ble Tribunal was not inclined to hear the oral arguments and instead directed all concerned parties to submit written submissions detailing their pleadings.As a result, the Hon'ble Tribunal issued specific directives and timelines. The company was directed to file written submissions within 10 days. Following this, the Financial Creditor was required to submit a response to the...

Bajaj Consumer Care Announces Audited Financial Results for FY 2026 Bajaj Consumer Care Ltd. announced the approval of its audited financial results for the quarter and the full financial year ended March 31, 2026. The Board of Directors approved the results, alongside the Annual Financial Statements, the Directors' Report, and the Management Discussion & Analysis Report, on April 17, 2026. The company operates primarily in the Cosmetics, Toiletries and Other Personal Care products segment.The audited results for both the standalone and consolidated perspectives highlight the company's financial performance for the fiscal year 2026.Standalone Financial Performance The standalone financial results show key figures for the year ended...

Sterling and Wilson Renewable Energy to Host Earnings Call for Q4FY26 Financial Results Sterling and Wilson Renewable Energy Ltd announced an upcoming conference call to discuss its operational and financial performance. The event is scheduled for Friday, April 24, 2026, focusing on the Audited Consolidated and Standalone Financial Results for the fourth quarter (Q4FY26) and the full fiscal year ended March 31, 2026.The call is set for 10:00 AM IST. During the session, management will provide detailed insights into the company's performance across the quarter and the annual figures.Several key executives from Sterling and Wilson Renewable Energy Ltd are scheduled to participate in the call. The participating management team...