Markets

Polychem Ltd. Receives Full Waiver of Fine Imposed by BSE Regarding Committee Composition Polychem Ltd. announced that the Bombay Stock Exchange (BSE) has approved the company's request for a full waiver of a fine that had previously been levied over compliance issues. The waiver concerns alleged non-compliance regarding the composition of the Nomination and Remuneration Committee for the quarter ending March 31, 2025.The company had initially received notice from BSE regarding non-compliance with provisions related to the Nomination and Remuneration Committee. The fine levied by the Exchange amounted to Rs 1,98,240/- including GST.Polychem Ltd. clarified that the company maintains it has complied with the relevant regulations...

Future Consumer Limited Update on NCLT Hearing Against Resurgent India Special Situations Fund Future Consumer Limited provided an update on the ongoing hearing before the NCLT (Mumbai) concerning the petition filed by Resurgent India Special Situations Fund. The proceedings addressed matters of default, liability, and the statute of limitations regarding financial facilities.During the hearing, counsel for the company submitted that, following previous orders, the company had placed an Affidavit on record confirming that it does not fall under the classification of a Non-Banking Financial Company (NBFC).The petitioner’s counsel presented the financing documents to the Tribunal, detailing the payment defaults that occurred since...

Ganesh Green Bharat Limited Receives Purchase Order for Solar PV Modules Valued at RS. 4,31,70,47,167 Ganesh Green Bharat Limited announced the receipt of a significant Purchase Order (PO) from a client company for the supply of advanced Solar PV modules. The order, valued at RS. 4,31,70,47,167/- (Rupees Four Thirty One Crore Seventy Lakhs Four Seven Thousand One Hundred Sixty Seven only), includes all duties and taxes.The order specifies the supply of Bificial 630 Wp (G12R) ToPcon N Type Bifacial Modules. This transaction represents a domestic deal with a domestic entity, underscoring the company's activity in the renewable energy sector.The details provided regarding the order confirm that the nature of the contract is the supply...

Progrex Ventures to Hold Board Meeting on May 13, 2026, to Approve FY 2026 Financial Results Progrex Ventures Ltd, formerly known as Progressive Extractions & Exports Limited, has announced that its Board of Directors will convene a meeting on May 13, 2026. The meeting is scheduled to take place at 4:00 PM at the company’s Registered Office in Bhopal.The primary focus of the board meeting will be the review and approval of the company’s financial performance. Specifically, the board will consider and approve the audited financial results for the quarter and the year that ended on March 31, 2026.In addition to the financial review, the board has included a provision for any other business, which will be discussed with the permission...

Board of Engineers India Limited Reviews Fines Levied by Stock Exchanges Engineers India Limited (EIL) announced that its Board of Directors reviewed the matter concerning fines levied by the National Stock Exchange of India Limited (NSE) and The BSE Limited regarding board compliance requirements.During a Board Meeting held on March 27, 2026, the Company Secretary informed the Board that both exchanges had levied fines for the quarter ending December 31, 2025.The Board noted that the National Stock Exchange of India Limited and The BSE Limited each imposed a fine of Rs. 5,42,800/- inclusive of GST @ 18%. The fines were imposed for failure to comply with specific board provisions, attributed to the non-availability of the requisite...

Ugro Capital Ltd Announces Conference Call to Discuss Q4 FY26 Financial Results Ugro Capital Ltd has scheduled an earnings conference call to discuss its Audited Financial Results (Standalone and Consolidated) for the quarter and year ended on 31 March 2026.The conference call is set to take place on Tuesday, 21 April 2026.The session invites participants to hear from key members of the Ugro Capital Limited management team, including Mr. Shachindra Nath, Founder & Managing Director; Mr. Anuj Pandey, Chief Executive Officer; Ms. Shilpa Bhatter, Chief Financial Officer; and Ms. Ritu Singh, Senior Economist and Head - Investor Relations.The conference call is focused on reviewing the Q4 FY26 earnings of the company.Event Details...

SEBI Advises Internal Controls Review for Garware Hi-Tech Films Limited Regarding Insider Trading Records Garware Hi-Tech Films Limited has received communication from the Securities and Exchange Board of India (SEBI) concerning the maintenance of Stock Disclosure Documents (SDD) and the implementation of robust internal controls. The advice pertains to compliance with Regulation 3(5) of Chapter II of the SEBI (Prohibition of Insider Trading) Regulations, 2015.The company received the letter dated April 08, 2026, through an email on April 15, 2026, from the National Stock Exchange (NSE).SEBI advised the company to ensure that proper checks and balances, along with a robust internal controls system, are in place for the maintenance...

Aqylon Nexus Limited, previously known as Sri Adhikari Brothers Television Network Limited, has announced the approval of its audited financial results for the quarter and financial year ended March 31, 2026. The company also revealed plans for significant international expansion, including the incorporation of a subsidiary in the United Arab Emirates (UAE).The company’s Board of Directors reviewed and approved the audited financial results for the period ending March 31, 2026. The audited figures are accompanied by the Statement of Assets and Liabilities as of March 31, 2026, and the Cash Flow Statement for the year ended March 31, 2026.According to the audited results provided, the key financial data is as follows...

Sun Retail Appoints New Independent Director, Reconstitutes Board Committees Sun Retail Ltd announced significant changes to its board structure following a board meeting held on Thursday, April 16, 2026. The company appointed Mrs. Khyati Bhavya Shah as an Additional Non-Executive Independent Director and noted the resignation of Non-executive Independent Director Nisha Sukhdevbhai Parmar.The Board of Directors appointed Mrs. Khyati Bhavya Shah (DIN: 09430457) as the Additional Non-Executive Independent Director, effective April 16, 2026. This appointment is subject to the approval of the shareholders at the ensuing Annual General Meeting. Mrs. Shah is a Company Secretary by profession, bringing extensive knowledge and experience in...

Dr. Reddys Laboratories Ltd. Board to Consider Final Dividend for FY 2025-26 Dr. Reddys Laboratories Ltd. announced that its Board of Directors will be meeting to consider the proposal regarding the final dividend for the financial year 2025-26.The company noted this consideration in relation to an earlier intimation made on March 23, 2026.During the board meeting, the directors will consider, inter alia, recommending the final dividend for the fiscal year 2025-26, subject to availability.DRREDDY Stock Price Movement Today, Dr. Reddy's Laboratories Limited shares edged higher to close at ₹1221.4, marking a positive close of 0.30% for the session. The equity saw robust institutional interest, trading on a volume of 2.01 million...

Kritika Wires Limited Board Approves Key Changes, Appoints New Company Secretary Kritika Wires Limited held its Board of Directors meeting on April 16, 2026, concluding the proceedings at 2:00 p.m. During the meeting, the board sanctioned several material corporate actions, including the appointment of a new Company Secretary and Compliance Officer, and noting a resignation from the board of directors.The board approved the appointment of Mrs. Komal Kanodia (ACSI69234) as the Company Secretary and Compliance Officer. Mrs. Komal Kanodia, a Secretary with approximately two years of experience in Secretarial Compliance and Corporate Law, will assume her duties with effect from April 16, 2026. The company confirmed that Mrs. Komal Kanodia...

3M India Ltd Announces Change in Senior Management Leadership for Healthcare Business 3M India Ltd has announced key changes in its senior management structure. The Board of Directors approved the appointment of Mr. Jerry Daniel as the Country Business Leader - Healthcare, effective May 1, 2026. On taking this role, Mr. Jerry Daniel will be designated as a Senior Management Personnel for the Company.Simultaneously, Mr. Rajiv Gupta, who currently serves as the Country Business Leader - Healthcare Business, will be transitioning out of his current role. This shift is described as a senior leadership movement within the 3M Group, causing him to cease being a Senior Management Personnel for 3M India Ltd.The details of the personnel...

WSFx Global Pay Ltd Appoints Ravi Dubey as Sr. Vice President & Head - D2C WSFx Global Pay Ltd announced the appointment of Mr. Ravi Dubey as Senior Vice President & Head - D2C, effective April 16, 2026. The company named Mr. Dubey to lead its direct-to-consumer (D2C) initiatives.The appointment marks a strategic addition to the company's senior leadership team, leveraging Mr. Dubey's extensive experience in scaling digital and e-commerce businesses.The detailed particulars regarding Mr. Ravi Dubey's appointment are as follows:ParticularsDetailsReason for ChangeAppointment of Mr. Ravi Dubey as Sr. Vice President & Head - D2C of the Company.Effective DateApril 16, 2026.Relationship DisclosureNot applicable.Profile of...

PVV Infra Board to Appoint New Directors and Submit Bids for Major Highway Infrastructure Projects PVV Infra Ltd has announced that its Board of Directors meeting is scheduled for Tuesday, April 21, 2026. The meeting is set to address significant corporate developments, including the appointment of new directors, participation in key infrastructure tenders, and the final call for a rights issue.The Board meeting agenda includes appointments of three new directors. Mr. Shubh Gangully is slated for appointment as a Whole-Time Director. He brings over 35 years of experience in Corporate Finance, Real Estate Development, and EPC Project Management and is an alumnus of IIM Kolkata. Previously, he served as Group CEO at the Prestige Group...

SVP Global Textiles Limited Announces Resignation of Key Managerial Personnel SVP Global Textiles Limited, formerly known as SVP Global Ventures Limited, has announced the resignation of Mrs. Urmi Chhapariya from the position of Company Secretary & Compliance Officer and Key Managerial Personnel (KMP).Mrs. Chhapariya submitted her resignation letter on April 16, 2026. She will be relieved from her duties effective from the close of business hours on April 20, 2026, citing personal reasons.The company confirmed that the resignation letter received from Mrs. Chhapariya affirms that there are no material reasons for her departure other than those detailed in her resignation notice.The limited company also stated that it is currently...

Bandhan Mutual Fund Increases Holding in Pennar Industries Ltd through Open Market Purchase Bandhan Mutual Fund, operating through its Bandhan Small Cap Fund scheme, has increased its stake in Pennar Industries Limited following an acquisition of equity shares on April 13, 2026. The fund acquired 1,20,000 shares, resulting in an increase in its total holding to 5.0469% of the company's paid up capital and voting rights.Prior to the acquisition, the fund's holding stood at 4.9580% of the company's total share/voting capital. The purchase of shares was conducted through the open market.The total voting capital of Pennar Industries Limited was INR 67,47,31,155/- before the transaction.The details of the acquisition and the resulting...

Madhya Bharat Agro Products Limited's Tax Demand Reduced to Nil Following Rectification Order Madhya Bharat Agro Products Limited announced a significant development regarding a tax assessment matter, reporting that a previously assessed tax demand has been reduced to Nil after receiving a rectification order.The company previously reported receiving an assessment order and a demand notice under Section 143(3) of the Income-tax Act, 1961, which initially involved a tax demand payable of Rs. 7 crores.The company subsequently filed a rectification application with the Tax Authority. Madhya Bharat Agro Products Limited confirmed that on April 15, 2026, it received the rectification order under Section 154 read with Section 143(3) of...

Infosys to Announce Fourth Quarter and Annual Results on April 23, 2026 Infosys, a prominent global leader in AI-first business consulting and technology services, has scheduled the announcement of its results for the fourth quarter and the full year ended March 31, 2026. The corporate update is slated for Thursday, April 23, 2026.On April 23, 2026, the company plans to release its results for the fourth quarter and the annual performance summary. The key events for the announcement day include a press conference and a dedicated earnings call, providing stakeholders with detailed insights into the company's operational performance.Scheduled Corporate Events The company leadership team will host multiple events on April 23, 2026. The...

Kamats Group Acquires Shares in Vikram Kamats Hospitality Limited Kamats Worldwide Food Services Private Limited, a group entity, has executed a substantial acquisition of shares in Vikram Kamats Hospitality Limited. The transaction significantly increased the stake held by the group and its associated persons acting in concert.The acquisition details involve Kamats Worldwide Food Services Private Limited, along with persons acting in concert including Dr. Vikram V. Kamat, Dr. Vidhi V. Kamat, and Vits Hotels Worldwide Private Limited. The group is noted as being promoter group affiliated with the target company. The shares of Vikram Kamats Hospitality Limited are listed on the Bombay Stock Exchange Limited.The details of the...

Ashoka Buildcon Limited Completes Full Redemption of NCD Series II Ashoka Buildcon Limited announced the timely and full redemption of its Non-Convertible Debentures (NCDs) - Series II on April 16, 2026. The company successfully redeemed the debt instruments, paying both the principal amount and accrued interest to the debenture holders.The company redeemed 10,000 debentures, each valued at Rs.1,00,000/-, aggregating a total amount of Rs.100 Crore. The redemption occurred on the scheduled due date, April 16, 2026.The debentures redeemed were classified as Senior, Unsecured, Redeemable, Non-convertible Debentures - Series II.The details concerning the redeemed debt instrument are as follows:ISINSeriesName of Debt InstrumentISIN...