Markets

NHPC Board Approves Monetization of Future Cash Flow from Power Stations NHPC Limited's Board of Directors held a meeting on Tuesday, April 14, 2026. The meeting commenced at 12:30 P.M. and concluded at 2:00 P.M.During the meeting, the Board considered and approved a proposal concerning the monetization of future cash flow, specifically the Return on Equity.Under the approved proposal, NHPC Limited can monetize the future cash flow for a period of 10 years. This transaction is applicable to Uri-II and Dhauliganga Power Stations, or any other power station(s) owned by the company. The monetization process is structured to take place in a single tranche during the Financial Year 2026-27.The key details of the approval are summarized...

Affordable Robotic & Automation Ltd Conducts Preferential Allotment of Equity Shares Affordable Robotic & Automation Ltd announced that its Board of Directors' Share Allotment Committee conducted a meeting on Tuesday, April 14, 2026, resulting in the preferential allotment of equity shares.The Committee allotted 6,04,839 Equity Shares of Affordable Robotic & Automation Ltd to M/s. ATRI Energy Transition Private Limited, which is identified as a non-promoter entity. The shares were allotted for an aggregate amount up to Rs. 15,00,00,072/- (Fifteen Crore Seventy-Two Only), at an issue price of Rs. 248/- per share.The key details of the preferential allotment are summarized below:ParameterDetailAllottee EntityM/s. ATRI Energy...

Bihar Sponge Iron Ltd. Receives Demand Notice for Alleged Operational Debt On April 14, 2026, Bihar Sponge Iron Ltd. announced that it has received a Demand Notice under The Insolvency and Bankruptcy Code, 2016. The notice was issued by M/s Agarwal Coal Corporation Private Limited regarding an alleged unpaid operational debt.The claim pertains to a total amount of Rs. 16,91,99,617/- (Rupees Sixteen Crore Ninety One Lakh Ninety Nine Thousand Six Hundred Seventeen Only).In reviewing the matter, the company reported that the issue is currently under review. Bihar Sponge Iron Ltd. stated that it is in the process of taking legal steps regarding this demand.The company also clarified its formal position regarding the claim. Bihar...

Schaeffler India Announces Board Meeting to Approve Q4 Results and Closes Trading Window Schaeffler India Limited announced key corporate calendar updates, confirming a board meeting date and details regarding the closure of its trading window.The company revealed that a meeting of its Board of Directors is scheduled for Wednesday, April 29, 2026. The primary objective of the board meeting is to consider and approve the Unaudited Financial Results, covering both Standalone and Consolidated figures, for the quarter that concluded on March 31, 2026.In parallel to the board meeting notification, Schaeffler India also provided an update regarding its trading period. The company stated that the 'Trading Window' is closed, commencing from...

Bajaj Consumer Care Completes Scheme of Arrangement Process After Receiving NCLT Order Bajaj Consumer Care Limited has received the certified copy of the final order from the National Company Law Tribunal (NCLT), Jaipur Bench, sanctioning a Scheme of Arrangement. The arrangement involves Bajaj Consumer Care Limited and Vishal Personal Care Limited.The order, which was communicated via email on April 13, 2026, sanctions the Scheme of Arrangement between Vishal Personal Care Limited and Bajaj Consumer Care Limited, involving the respective shareholders of both entities.Bajaj Consumer Care Limited noted that while the company has received the certified copy of the sanctioning order from the NCLT, it expects to collect the physical copy...

JSW Infrastructure Gains Approval to Commence Commercial Operations at Chennai Multi-Modal Cargo Terminal JSW Infrastructure Ltd has announced the successful commissioning of its Gati Shakti Multi-Modal Cargo Terminal at Arakkonam, Chennai, Tamil Nadu, and received official approval to commence commercial operations.The terminal is located on Railway land and was established under the 'Contract for Construction & Operation of Gati Shakti Multi-Modal Cargo Terminal.' The company had previously reported receiving the Letter of Acceptance for this contract on June 27, 2024.The company confirmed that Southern Railway, Chennai Division, under Indian Railways (Government of India), has acknowledged the successful commissioning of the...

Star Housing Finance Appoints Independent Auditors for External Review of NHB Report Star Housing Finance Limited, formerly known as Akme Star Housing Finance Limited, has appointed an independent auditing firm to conduct a comprehensive external audit concerning the Snap Audit Report issued by the National Housing Bank (NHB).The company announced the appointment of M/s. Parikh & Associates, Chartered Accountants, based in Ahmedabad, to carry out the external audit. The appointment reflects the Board's and Management's commitment to upholding transparency, accountability, and adherence to high corporate governance standards.The company also clarified the current status of the matter under review, stating that the issue remains at...

HDFC Bank Revises Schedule for Earnings Call on Results for Q/Y Ended March 31, 2026 HDFC Bank Ltd has revised the schedule for its upcoming earnings call concerning the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The group meeting, scheduled for Saturday, April 18, 2026, will now take place at 16:00 hours (IST), a change from the previously announced time of 18:00 hours (IST).The bank confirmed that the revised time is the only change to the meeting details. All other conference call dial-in information remains unchanged.The details for the group meeting are provided below:DetailInformationDateApril 18, 2026Revised Time16:00 hours (IST)Nature of MeetingGroup...

Oracle Financial Services Software Ltd to Hold Board Meeting for FY 2026 Financial Results Oracle Financial Services Software Ltd has announced that its Board of Directors will convene a meeting on Wednesday, April 22, 2026. The meeting is scheduled to address key financial matters related to the company's performance.The Board meeting agenda is designed to consider two primary points. Firstly, the company plans to seek approval for the audited standalone and consolidated financial results for the quarter and the full year that ended on March 31, 2026. Secondly, the board will review and recommend any dividend, if applicable, on the company's equity shares.OFSS Stock Price Movement On Monday, Oracle Financial Services Software...

JK Tyre Appoints Mandar Vighnahari Deo as President - India JK Tyre & Industries Ltd has announced the appointment of Shri Mandar Vighnahari Deo as its President - India, effective April 14, 2026. Mr. Deo will join the company as a regular employee and will form part of the Senior Management team.The appointment marks a strengthening of JK Tyre's leadership, bringing deep industry knowledge and people-centric leadership to support the company's journey toward profitable growth and realizing its vision as a Green and Trusted Mobility Partner.Extensive Background and Experience Shri Mandar Vighnahari Deo possesses a robust academic background, holding a bachelor's degree in mechanical engineering from Pune University. He further...

Hikal Limited Announces Superannuation of President, Crop Protection Hikal Limited has announced a change in its senior management team with the superannuation of Mr. Vimaldeep Kulshrestha. Mr. Kulshrestha, who served as President- Crop Protection, will cease to be an employee of the Company from the end of business hours on April 14, 2026.The details regarding the management transition confirm that Mr. Vimaldeep Kulshrestha is superannuating from his role as President- Crop Protection.The core details of the management change are presented below:ParticularsDetailsNameMr. Vimaldeep KulshresthaRolePresident- Crop ProtectionReason for ChangeSuperannuationDate of CessationApril 14, 2026HIKAL Stock Price Movement On...

Megastar Foods Ltd Receives Notice from Rupnagar Market Committee Over Alleged Non-Payment of Fees Megastar Foods Ltd recently received a notice from the Market Committee in Rupnagar concerning an alleged non-payment of fees associated with its operations. The notice relates to the Market Committee Fee and RDF Fee.The company received the communication dated April 9, 2026, on April 13, 2026.The allegation raised in the notice pertains to the non-payment of fees and the alleged lack of appropriate licensing from the Market Committee, Rupnagar.According to the details provided, the notice claims a violation for not procuring an appropriate license from the Market Committee, Rupnagar, leading to alleged non-payment liabilities.The...

Supreme Petrochem Ltd to Hold Board Meeting to Approve FY 2026 Financial Results and Dividend Supreme Petrochem Ltd announced that its Board of Directors will convene a meeting on Friday, April 14, 2026. The meeting is scheduled for 3:30 p.m. at the Solitaire Corporate Park, Building No. 11, 5th Floor, 167, Guru Hargovindji Marg, Chakatra, Andheri(East), Mumbai- 400 063.The primary agenda for the Board includes considering and approving the company's annual financial results. Specifically, the company plans to review the Standalone and consolidated Audited Financial Results, which include the Cash Flow Statement and statement of Assets and Liabilities, for the quarter/year ended March 31, 2026.In addition to reviewing the financial...

Monarch Surveyors Secures ₹130 Crore Railway Consultancy Contract from Northern Railway Monarch Surveyors and Engineering Consultants Limited, a company specializing in civil infrastructure consulting services, has secured a major consultancy contract valued at approximately ₹130 crore from Northern Railway (CALA). The agreement for providing comprehensive consultancy services for various railway infrastructure projects marks the largest order secured by the company to date.The new contract significantly boosts the company's order book and enhances its multi-year revenue visibility.Scope and Execution Details The scope of work encompasses a wide range of activities crucial for railway development. These tasks include Final Location...

Coforge Ltd. Announces Investor Conference Call on Financial Results for FY 2026 Coforge Limited has scheduled an Analyst/Investor Conference Call to review the company’s financial performance for the quarter and year ended March 31, 2026.The management will host the virtual session on May 05, 2026. The agenda for the call includes a comprehensive management discussion covering the financial performance for the period ending March 31, 2026, followed by an interactive Question & Answer session with analysts and investors.Participants can refer to the schedule of the conference call across various time zones:LocationTimeIndia (IST)05:15 p.m.London12:45 p.m.Singapore07:45 p.m.New York07:45 a.m.The company has also...

Anand Rathi Brokers Allots 3,01,050 Equity Shares Under Employee Stock Option Plan Anand Rathi Share and Stock Brokers Limited announced that its Nomination & Remuneration Committee (NRC) approved the allotment of 3,01,050 Equity Shares. The allotment pertains to the company's Employee Stock Option Plan 2023.The Board of Directors' Nomination & Remuneration Committee (NRC) approved the allocation during its meeting held on Tuesday, April 14, 2026. The shares are designated for option grantees who have exercised their options under the specified Employee Stock Option Plan 2023.The company stated that the newly allotted Equity Shares will rank pari passu with the existing equity shares of the company.Allotment Details The details of...

Eraaya Lifespaces Resolves Legacy Ebix Shareholder Matter with Bombay High Court Approval Eraaya Lifespaces Limited announced the conclusive resolution of a long-standing shareholder matter concerning Ebix Payment Services, a step-down subsidiary associated with ItzCash. The company confirmed that the matter received approval from the Hon'ble Bombay High Court following the execution of Consent Terms among the concerned parties.The issue originated from legacy structures and arrangements predating Eraaya's involvement, falling under the previous management of the Ebix group. The company clarified that this matter was not part of the Chapter 11 resolution process or the initial acquisition consideration paid by Eraaya.Following the...

ICICI Prudential Life Names New Chief Distribution Officer Amid Key Executive Transitions Senior Management Shakeup Signals Strategic Shift ICICI Prudential Life Insurance has announced changes in its senior leadership, reflecting a potential strategic realignment within the organization. Mr. Amish Banker has been appointed as the new Chief Distribution Officer (CDO), effective from April 14, 2026.Mr. Banker joins the company with a distinguished 25-year tenure. His extensive experience spans various leadership roles, starting in Branch Operations. He is currently Chief Operations Officer, overseeing Retail & Group Operations, Customer Service, Underwriting, Claims, and Shared Services.The transition also sees two key executives...

WeWork India Management Secures Expansion Capacity in Pune for Operational Growth WeWork India Management Ltd has entered into a Leave & License Agreement for significant capacity addition in Pune. This expansion, spanning 61,998 square feet, is set to increase the company’s operational capacity and cater to growing market demand.The proposed capacity addition involves adding approximately 864 desks. The expansion plan builds upon the company’s existing operational metrics, which recorded a capacity of 1,21,638 desks with an existing utilization rate of 83.90% as of December 31, 2025.The move is designed to enhance WeWork India Management's operational scale in line with its ongoing business growth.The company anticipates that the...

ACE Edutrend Ltd. Announces Resignation of Director Himani Sharma Ace Edutrend Ltd. has confirmed the resignation of Director Ms. Himani Sharma, effective April 14, 2026. The resignation is due to personal reasons.Ms. Sharma’s departure is effective at the close of business hours on April 14, 2026. During the process, it was noted that the resigning director confirmed there are no material reasons for her resignation other than those stated in her resignation letter.The company provided specific details regarding the change in directorship, confirming the date of cessation and the personal nature of the resignation.Key details surrounding the resignation of Ms. Himani Sharma are summarized below:ParticularsDetailsDirector...