Markets

Khfm Hospitality And Facility Management Services Limited Confirms Non-Applicability of SEBI Circular for FY 2026-27 Khfm Hospitality And Facility Management Services Limited confirmed that it does not fall under the definition of a 'Large Corporate' as specified by the SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, for the Financial Year 2026-27.The circular mandates that listed entities classified as 'Large Corporates' must file an Initial Disclosure within 30 days from the start of the financial year. The framework outlined in the circular applies to listed entities (excluding Scheduled Commercial Banks) that meet three specified criteria as on the last day of the preceding financial year.The...

Laxmi Dental Limited Receives In-Principle Approval for Employee Stock Options Listing Laxmi Dental Limited, formerly known as Laxmi Dental Export Private Limited, has secured in-principle approval from the BSE for the listing of equity shares issued under the Laxmi Dental Employee Stock Option Scheme 2024.The approval grants listing for 500,000 Equity Shares, each having a face value of Rs. 2/-. This approval was issued by the BSE via letter DCS/ESOP/IP/TS/017/2026-27 dated April 10, 2026.Key Details of the Stock Option Listing The in-principle approval is for the issue and allotment of a maximum of 5,00,000 equity shares, which are expected to arise from the exercise of options under the Scheme.DetailSpecification...

TVS Holdings Limited Corrects Date for NCLT Convened Shareholder Meeting TVS Holdings Limited has issued a clarification regarding the date of the meeting of Equity Shareholders, which was convened under the directions of the National Company Law Tribunal (NCLT), Chennai Bench.The company noted that in a covering letter dated March 23, 2026, the meeting date was mistakenly stated as Friday, April 28, 2026. The correct date for the meeting is Friday, April 24, 2026.TVS Holdings Limited confirmed that all other related documents accurately reflected the correct meeting date of April 24, 2026. This confirmation applies to the following items:The Notice of the meeting enclosed as an annexure to the letter dated March 23, 2026. The...

Carborundum Universal Enters Power Purchase Agreement with Putrim Renewables for Green Energy Adoption Carborundum Universal Limited has entered into a Power Purchase Agreement (PPA) as part of its Environmental, Social, and Governance (ESG) strategy aimed at increasing the consumption of green power for its operations. The agreement is with Putrim Renewables Private Limited (PRPL), a Mumbai-based subsidiary of CSE Development (India) Private Limited, also known as Cleantech.The PPA secures a contracted capacity of 18 MWp from PRPL's captive solar power plant located in Thoothukudi, Tamilnadu.In addition to the PPA, Carborundum Universal Limited will execute a Share Subscription and Shareholders' Agreement with Cleantech and PRPL...

Container Corporation of India Appoints Ms. Pallavi Joshi as Director (Finance) Container Corporation of India Limited (CONCOR), a Multi-modal Logistics Company and a Navratna CPSE of the Government of India, confirmed the appointment of Ms. Pallavi Joshi as Director (Finance) (Additional Charge). The appointment was made by the Board of Directors during a meeting held on April 10, 2026.The company noted that following orders from the Ministry of Railways, Ms. Pallavi Joshi (DIN: 08117196) was appointed to the role, with effect from April 9, 2026.Ms. Pallavi Joshi, a 2004 batch officer of the Indian Railway Accounts Service (IRAS), brings over two decades of experience in financial management within the Indian Railways...

Pennar Industries Reports Resignation of Non-Executive Non-Independent Director Mr. P V Rao has tendered his resignation as a Non-Executive Non-Independent Director of Pennar Industries Limited, effective from April 11, 2026.The resignation notice confirms that Mr. P V Rao, whose Director Identification Number (DIN) is 03157581, stepped down from the Board of Directors with effect from April 11, 2026. The stated reason for the change in directorship is unavoidable personal situations, with no other material reasons cited beyond those mentioned in the resignation letter.The details of the change are summarized as follows:ParticularsDetailsReason for ChangeMr. P V Rao tendered his resignation as Non-Executive Non-Independent...

PC Jeweller Reports Further Reduction in Bank Debt Under Joint Settlement Agreement PC Jeweller Limited has reported a further reduction in its outstanding debt payable to banks, achieved through the settlement agreement with Consortium Lenders. The company announced the reduction of approximately 14% of the outstanding debt on April 10, 2026.This recent reduction marks significant progress towards the company's financial objective of achieving a debt-free status in the near future.The company accomplished this debt reduction by utilizing the balance consideration received from the conversion of Fully Convertible Warrants. This process involved both the Promoter Group and Non-Promoter Public entities contributing to the settlement...

Mahanagar Gas Names Praveer Kumar Srivastava as Additional Director and Managing Director Mahanagar Gas Limited announced changes to its directorate on April 10, 2026. The Board of Directors approved the appointment of Mr. Praveer Kumar Srivastava as an Additional Director and designated Managing Director of the Company.The appointment is effective from April 30, 2026, and is set for a term of five consecutive years, spanning from April 30, 2026, to April 29, 2031. This term remains subject to the approval of the Company's shareholders or an earlier order from GAIL (India) Limited. Mr. Srivastava will also serve as a member of various Board committees from the effective date.In a related change, Mr. Ashu Shinghal ceased to be the...

Syrma SGS Technology Reports Name Change for Joint Venture Company Syrma SGS Technology Limited announced an update regarding its joint venture arrangement involving Syrma Strategic Electronics Private Limited and SH Electronic Co. Limited. The company reported that the Ministry of Corporate Affairs has approved and issued a fresh Certificate of Incorporation for a name change.The joint venture company's name is changing from 'Syrma Strategic Electronics Private Limited' to 'Shinhyup Syrma Circuits Private Limited', effective April 10, 2026. This development follows an earlier disclosure from the company on December 30, 2025, concerning the completion of the joint venture transaction and the allotment of shares to the JV Partners...

Kirloskar Ferrous Industries Issues Notice Regarding Unclaimed Dividend Campaign Kirloskar Ferrous Industries Limited issued a notice to its shareholders concerning the second 100 days 'Saksham Niveshak' campaign, organized by the Investor Education and Protection Fund (IEPF) Authority. The campaign is effective from April 1, 2026, to July 9, 2026.The notice emphasizes the importance of updating Know Your Customer (KYC) details for shareholders whose dividends remain unclaimed. This action is necessary to ensure the timely receipt of dividends declared by the Company directly to bank accounts and to prevent the transfer of such dividends and shares to the IEPF.Shareholders are advised to update KYC details, which include PAN, Email...

3i Infotech's Subsidiary Secures Order for Lending and Collections Application Center 3i Infotech Inc., USA, a wholly owned step-down subsidiary of 3i Infotech Limited, received an order on April 9, 2026. The contract is for the establishment of an Enterprise Application Center of Excellence (CoE) focusing on Lending and Collections platforms.The engagement responsibilities encompass end-to-end application management across lending and collections platforms. This work requires close collaboration with business and technology stakeholders, aiming to enhance operational efficiency, scalability, and alignment with the client's evolving digital and business requirements.The awarded contract has a duration of 9 months. The total value of...

Lupin Launches Dapagliflozin Tablets in the United States Global pharmaceutical major Lupin Limited announced the launch of Dapagliflozin Tablets, available in 5 mg and 10 mg strengths, in the United States. This launch follows the approval of the company's Abbreviated New Drug Application from the U.S. FDA. The approval established that the tablets are bioequivalent to Farxiga® for the indications listed in the approved labeling.Lupin Limited, headquartered in Mumbai, India, specializes in a range of pharmaceutical products. These include branded and generic formulations, complex generics, biotechnology products, and active pharmaceutical ingredients. The company maintains a presence in over 100 markets globally.Lupin's strong...

RBI Cancels License of National Urban Cooperative Bank, Pratapgarh: What Depositors Need to Know Now Reserve Bank Takes Drastic Action on 'National Urban Cooperative Bank Ltd., Pratapgarh' The Reserve Bank of India (RBI) has issued a definitive order cancelling the license of 'National Urban Cooperative Bank Ltd., Pratapgarh'. This action was formally taken via an order dated April 10, 2026. Consequently, the bank immediately ceases all banking business operations as of the close of business on the same date.Furthermore, the Commissioner and Registrar of Cooperative, Uttar Pradesh, has been formally requested to issue the necessary order for the winding up of the bank. This directive also includes the appointment of a liquidator to...

Wakefit Innovations Announces Departure of Vice President - Retail Operations Wakefit Innovations Limited announced the resignation of Mr. Dibyendu Panda, Vice President - Retail Operations, effective from the close of business hours on April 10, 2026. Mr. Panda stated that his resignation is to pursue better career opportunities.The company detailed the resignation in a formal notification, noting the change in senior management personnel.The particulars regarding the change in management are summarized as follows:Sl. NoParticularsDetails1Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwiseResignation2Date of appointment/re-appointment/cessation (as applicable) & term of...

Mrugesh Trading Ltd Board Meeting Approves Secretarial Auditor Appointment Mrugesh Trading Ltd announced that its Board of Directors held a meeting on April 10, 2026, and approved key procedural matters for the company.During the meeting, the Board recommended the appointment of M/s. Dhruvi Patel & Associates, Company Secretaries, Ahmedabad (FRN: S2025GJ1018200), to serve as the Secretarial Auditor for the financial year 2025-26. This recommendation by the Board is based on the advice of the Audit Committee and is subject to the approval of the company's shareholders.The appointment details for M/s. Dhruvi Patel & Associates are summarized below.CategoryDetailAuditor AppointedM/s. Dhruvi Patel & Associates, Company...

Torrent Pharmaceuticals Limited Reports Zero Observations in USFDA Inspection Torrent Pharmaceuticals Limited announced the conclusion of a USFDA inspection at its Bileshwarpura (Oncology) facility. The inspection took place from April 6, 2026, to April 10, 2026, and resulted in zero observations.TORNTPHARM Stock Price Movement Today, Torrent Pharmaceuticals Limited shares edged higher to close at ₹4155.2, climbing 1.26% for the session. The stock settled today on a total volume of 354,702 shares.Source:

L&T Realty Properties to Acquire 100% Stake in International Green Scapes Limited Larsen & Toubro Limited's wholly owned subsidiary, L&T Realty Properties Limited (L&T RPL), has executed an agreement for the acquisition of a 100% stake in International Green Scapes Limited (IGSL). Following the completion of the acquisition, IGSL will become a wholly owned subsidiary of the Company.The acquisition of the stake in International Green Scapes Limited was finalized through a Share Purchase and Shareholders' Agreement. This transaction is set to enable L&T RPL to leverage the land owned by IGSL for enhancing and expanding its real estate development portfolio.The transaction details confirm that L&T RPL acquired a 100% stake, comprising...

DCW Limited Receives Trading Approvals for Shares Issued Under Scheme of Amalgamation DCW Limited announced the receipt of trading approvals for 5,37,40,360 equity shares issued as part of a Scheme of Amalgamation involving Dhrangadhara Trading Company Private Limited, Sahu Brothers Private Limited, and DCW Limited.The shares were issued pursuant to a Scheme of Amalgamation executed under Sections 230-232 read with Section 66 of the Companies Act, 2013. This development follows earlier disclosures made by the company on January 23, 2026, January 30, 2026, and February 19, 2026, concerning the approval of the Scheme by the National Company Law Tribunal, Ahmedabad Bench, and the subsequent allotment of equity shares.The company...

Sonu Infratech Secures Work Orders Worth Rs. 48,08,208.50 and Rs. 5,455,000 from Reliance Industries Limited Sonu Infratech Limited announced the receipt of significant work orders from Reliance Industries Limited. The orders pertain to civil repair and maintenance service work, and the company confirmed the details of these contracts.The company announced receiving two separate work orders from Reliance Industries Limited. The first order is valued at Rs. 48,08,208.50, dated March 13, 2026, and was received via E-mail on April 09, 2026. The second order is for Rs. 5,455,000, dated March 02, 2026, and was received via E-mail on April 10, 2026.These new work orders are expected to strengthen the company's customer base and contribute...

LIC Housing Finance Limited Approves Change in Senior Management Personnel LIC Housing Finance Limited announced on April 10, 2026, that its Board of Directors approved changes in the company's Senior Management Personnel (SMP). The board's decision was based on the recommendation of the Nomination and Remuneration Committee.The specific update involves the appointment of Shri Sanjay Dayal as Chief Operating Officer.Shri Dayal's profile indicates he was born on July 15, 1969, in Srinagar, and hails from Shimla, Himachal Pradesh. He possesses an MBA in Finance and a Ph.D. in Psychology. He is proficient in Punjabi, Hindi, and English.His professional career began at Punjab National Bank, followed by a tenure at Life Insurance...