Markets

Setco Automotive Gets Operational Green Light: GPCB Revokes Closure Direction for SASPL Unit Setco Automotive Ltd has received a revocation order from the Gujarat Pollution Control Board (GPCB), allowing the subsidiary's manufacturing unit to resume operations. The GPCB issued the revocation order on April 16, 2026, lifting a prior direction that had ordered the closure of the unit.The revocation concerns the manufacturing unit of the company’s subsidiary, SASPL, located at Baroda -Godhra Highway, Kalol, District Panchmahal, Gujarat. This follows an initial direction dated March 10, 2026, issued by the GPCB under the Water (Prevention and Control of Pollution) Act, 1974.According to the company, the GPCB's revocation order confirms...

L&T Finance Ltd to Host Investor Meet on Q4FY2025-26 and FY2026 Performance L&T Finance Ltd is scheduled to hold a conference call for investors and analysts to discuss the financial performance and strategy update for Q4FY2025-26 and the full fiscal year 2026.The conference call is set for Monday, 27 April 2026. The discussion will focus on the company’s Q4FY2025-26 and FY2026 financial performance, mirroring the presentations previously made available on the company's and the stock exchanges' websites.Attendees can access the discussion using the following details:DetailInformationDateMonday, 27 April 2026Time (IST)11:00 amTime Equivalents01:30 am EDT / 06:30 am UK / 01:30 pm SingaporeUniversal Dial-In+91 22 6280...

Roselabs Finance Approves Audited Financial Results for FY2026 Roselabs Finance Ltd announced that its Board of Directors approved the Audited Financial Results for the quarter and financial year ending March 31, 2026. The statutory auditors, M/s. MSKA & Associates LLP, issued an audit report providing an unmodified opinion on the company’s financial performance for the period.The Board Meeting, held on April 16, 2026, concluded with the approval of the audited financial results.Financial Highlights and Audit Opinion M/s. MSKA & Associates LLP, the statutory auditors, confirmed that the annual financial results for the year ended March 31, 2026, provide a true and fair view of the company's net loss, other comprehensive income, and...

VST Industries Announces Financial Results for March 31, 2026 VST Industries Limited has announced its financial results for the quarter and year ended March 31, 2026. The company, a key player in the manufacture and distribution of cigarettes and tobacco leaf, reported significant year-on-year growth in several key metrics.The company’s performance highlights include a substantial uplift in profitability, with EBITDA increasing by 61.4% year-over-year to Rs. 450 crores. The results indicate strong fundamentals and market-driven initiatives contributing to a rebound in volume.Financial Performance Overview The financial results for the fiscal year ended March 31, 2026, show robust growth across key operational metrics. The...

Rbm Infracon Limited Announces Successful Oil Discovery and Production Enhancement at Nandej Field in Gujarat Rbm Infracon Limited has reported the successful drilling and completion of two oil wells, NJ#134 (RBM-01) and NJ#135 (RBM-02), within its operational area at Nandej, Gujarat. This development marks a significant milestone for the company, enhancing domestic crude production capabilities.The wells were spudded on January 14, 2026, and February 14, 2026, respectively. Both wells successfully encountered hydrocarbon-bearing zones, identified as Kalol-VIII and Kalol-IX.Operational Details and Production Status The drilling efforts successfully established two production assets, which are currently contributing to the crude oil...

CESC Ltd Signs Power Purchase Agreements for 500 MW Wind Solar Hybrid Projects CESC Limited has finalized the Power Purchase Agreements (PPAs) for the procurement of power from grid connected Wind Solar Hybrid Power Projects. The agreements were signed with four entities, securing a combined capacity of 500 MW.The agreements span several projects, with significant terms and conditions defined for each contract. The contracts are structured for long-term operation, with all agreements remaining in force for a period of 25 years.The details of the projects, including the associated capacity, applicable tariff, and involved entities, are as follows:Entity NameCapacityApplicable TariffContract TermRelationship to CESCPurvah Green...

Tipco Engineering India Announces CFO Neha Sharma's Resignation Tipco Engineering India Ltd has confirmed the resignation of Ms. Neha Sharma from her roles as Chief Financial Officer and Key Managerial Personnel. The change is effective from the close of business hours on Thursday, April 16, 2026.Ms. Sharma informed the Board of Directors that she is resigning to pursue opportunities outside the Group. According to her statement, she plans to take on additional new responsibilities that align with her aspirations and allow for strategic contribution.Tipco Engineering India Limited, which operates as manufacturers of Reaction Vessels, Grinding Mills, Dispensers, Paints-Inks & Chemical Machineries, confirmed the departure date of Ms...

Globtier Infotech Announces CFO Resignation and Transition Period Globtier Infotech Ltd has announced the resignation of its Chief Financial Officer (CFO), Mr. Sandeep Gupta. The resignation was tendered via email on April 16, 2026, as Mr. Gupta intends to pursue opportunities outside the organization.As a Key Managerial Personnel, Mr. Gupta's departure marks a change in the company's leadership structure. The company confirmed that Mr. Gupta will continue to discharge his duties as CFO until the close of business hours on May 13, 2026, ensuring a structured and smooth transition of responsibilities.The resignation was communicated by Mr. Gupta, who stated his gratitude for the support and opportunities provided during his tenure at...

Dalmia Bharat Ltd Board Meeting Scheduled for April 28, 2026, to Review Financial Results Dalmia Bharat Ltd announced that its Board of Directors meeting is scheduled for Tuesday, April 28, 2026. The meeting is set to consider key corporate matters, including the company’s financial performance for the fiscal year ending March 31, 2026.The board agenda includes two main objectives:1. Consideration and approval of the Audited Standalone and Consolidated financial results for the quarter and year ended March 31, 2026. 2. Consideration and recommendation of the Final Dividend, if any, on the equity shares for the financial year ended March 31, 2026.In addition to the board meeting, the company provided an update regarding its trading...

VST Industries Ltd Approves Audited Financial Results and Recommends Final Dividend VST Industries Ltd announced the approval of its audited financial results for the quarter and year ended March 31, 2026, following a Board meeting held on April 16, 2026. The Board of Directors also recommended a final dividend to the company's shareholders.The company recommended a final dividend of Rs. 12/- per equity share of Rs. 10/- each. The payment is subject to the approval of the shareholders at the upcoming Annual General Meeting and is expected to be paid within 30 days of that approval.Key Financial Results for the Year Ended March 31, 2026 The audited financial statements provide a comprehensive view of the company's performance.The...

SJVN Limited Reports Cessation of Independent Director, Dr. Udeeta Tyagi SJVN Limited announced that Dr. Udeeta Tyagi ceased her role as an Independent Director on the Company’s Board. The change was recorded as a cessation due to the completion of her tenure.The director's tenure ended on April 16, 2026.The details of the director's change are as follows:Sl. No.Name of DirectorDesignationReason for changeDate of cessation1Dr. Udeeta TyagiIndependent DirectorCessation due to completion of tenureApril 16, 2026SJVN Stock Price Movement Today, SJVN Limited shares edged higher, settling at ₹76.33 after gaining 2.05% in today's trading session. The stock finished within a range of ₹74.78 to ₹77.08, drawing significant investor...

Dev Accelerator Limited Announces Resignation of Vice President - Operations Dev Accelerator Limited has announced the resignation of Ms. Monika Handa, Vice President - Operations and Facility. The resignation, which was formally tendered on April 1, 2026, was accepted by the Company's Management on April 16, 2026.Ms. Handa will be relieved of her duties effective from the close of business hours on April 30, 2026.In her resignation communication, Ms. Handa stated that her decision was made to pursue new challenges and opportunities that are more closely aligned with her long-term career goals and aspirations. She expressed gratitude for the opportunity to contribute to DevX's growth and manage strong teams during her tenure.The...

PTC India Ltd Appoints Sukhdev Singh as Non-Executive Chairman PTC India Ltd. announced that its Board of Directors has appointed Shri Sukhdev Singh, an existing Independent Director, as the Non-Executive Chairman. The appointment was ratified during the Board meeting held on April 16, 2026.The appointment follows a previous approval by the Board of Directors, which had bifurcated the combined position of Chairman and Managing Director into two separate roles: Non-Executive Chairman and Managing Director (Executive).Shri Sukhdev Singh (DIN: 03288811) assumes the role of Non-Executive Chairman. His tenure is set until the completion of his current term as an Independent Director, specifically up to November 10, 2028. The effective...

Gujarat Kidney and Super Speciality Fined by BSE and NSE for Delay in Board Intimation Gujarat Kidney and Super Speciality Limited, formerly known as Gujarat Kidney And Superspeciality Private Limited and previously Vihaan Medicare Private Limited, confirmed receiving fines from both the National Stock Exchange of India Limited (NSE) and BSE Limited. The penalties were imposed for the company's failure to provide prior intimation regarding the meeting of the Board of Directors.The authorities levied the fine on the company after determining a delay in furnishing the necessary pre-meeting notice. The notice of the action was received on April 15, 2026.The penalty assessed by both the stock exchanges was Rs. 10,000/- (basic fine plus...

NHPC Ltd Reports Change in Board of Directors Due to Independent Directors' Tenure Completion NHPC Limited confirmed changes to its Board of Directors following the completion of the tenure of several Independent Directors. The tenure completion was noted to occur on April 16, 2026.The changes reflect the conclusion of service for the following independent directors, as per the Ministry of Power (MoP), Government of India letter dated April 17, 2025.The board members whose tenures are set to conclude include:Director NameDINDr. Uday Sakharam Nirgudkar07592413Shri Jiji Joseph09415941Shri Anil Kumar Sood01376251These reports detail the change in the company's board composition, marking the completion of the respective...

PAE Ltd Board Meeting Adjourned to April 23, 2026 PAE Ltd announced that its Board of Directors Meeting, originally scheduled for Thursday, April 16, 2026, has been adjourned. The meeting, which was set to address several key financial and corporate matters, is now rescheduled to Thursday, April 23, 2026, due to unavoidable circumstances.The rescheduled Board Meeting will consider the following critical agenda items:1. Approval of the Company’s standalone audited financial results for the fourth quarter and the year ended March 31, 2026, along with the corresponding Audit Report. 2. Recommendation for the final dividend pertaining to the financial year ended March 31, 2026. 3. Consideration of a proposal for issuing bonus shares to...

Mahindra & Mahindra Financial Services to Hold Board Meeting on April 24, 2026 Mahindra & Mahindra Financial Services Limited announced that its Board of Directors meeting is scheduled for Friday, April 24, 2026. The meeting agenda is set to cover the financial results for the fiscal year and the company's future borrowing capacity.The company stated that the Board will consider several key items, including the financial results and recommendations for capital increases.Board Meeting Agenda Highlights The Board of Directors meeting is scheduled to address the following material points:Agenda ItemDescriptionKey ScopeFinancial ResultsConsideration and approval of the Audited Standalone and Consolidated Financial Results.Fourth...

IFCI Ltd Board Meeting Scheduled to Approve Standalone and Consolidated Results for FY26 IFCI Ltd announced that its Board of Directors meeting is scheduled for Tuesday, April 2026. During this session, the company plans to consider and approve the Standalone and Consolidated Results for the quarter and the year ending March 31, 2026.In connection with the forthcoming board meeting to review the financial results, the company confirmed a temporary closure of its trading window. The trading window will remain closed until Thursday, April 30, 2026, allowing stakeholders time to review the final figures.IFCI Stock Price Movement Today, IFCI Limited shares rallied, closing at ₹60.73 after gaining 4.09% in the cash market. The stock saw...

Kothari Industrial Corporation Boosts Stake in Phoenix Kothari Footwear Private Limited Kothari Industrial Corporation Limited (KICL) has significantly increased its investment stake in Phoenix Kothari Footwear Private Limited (PKFPL) following the allotment of 2,70,00,000 equity shares. The share allotment was completed on April 15, 2026, subsequent to approval from the company's Board of Directors for further investment in PKFPL.With this transaction, KICL's shareholding in Phoenix Kothari Footwear Private Limited now stands at 30%.The move represents a strategic strengthening of KICL's presence in the footwear sector, as the business of PKFPL aligns directly with and falls within the company's core line of business. The purpose...

RVNL Secured Mega Contract from East Coast Railway for Bhadrak-Vizianagaram Rail Infrastructure Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a significant infrastructure project awarded by the East Coast Railway. The contract encompasses the development of vital rail lines and the construction of multiple major bridges along the Bhadrak-Vizianagaram section.The awarded contract details the implementation of the 3rd and 4th lines, covering the segment between Nergundi-Barang (22Km) and Khurda Road-Vizianagaram (363Km) on the total Bhadrak-Vizianagaram section of 385Km. The project scope also includes the construction of four critical bridges utilizing the EPC mode.The awarded contract has the following...