Markets

Ladderup Finance Ltd Subsidiary Acquires 100% Stake in Jericho Ventures Private Limited for Rs. 14 Crore Ladderup Asset Managers Private Limited, a subsidiary of Ladderup Finance Ltd., has acquired a controlling stake in Jericho Ventures Private Limited (JVPL). The transaction, formalized through a Share Purchase Agreement (SPA) on April 14, 2026, involves the direct acquisition of 100% of the paid-up equity shares of JVPL.The total consideration for the acquisition was set at Rs. 14,00,00,000/- (Rupees Fourteen Crores Only). Following the completion of the transaction, JVPL will become a Wholly Owned Subsidiary of Ladderup Asset Managers Private Limited, subsequently establishing itself as a Step-Down Subsidiary of Ladderup Finance...

Brand Concepts Limited Opens New 'JUICY COUTURE' Store in Hyderabad Brand Concepts Limited announced the opening of a new retail outlet, 'JUICY COUTURE,' reinforcing its ongoing growth strategy. The new store, located at Unit No. GF-20, LakeShore Kukatpally Hyderabad-500072, is designed to enhance customer convenience and improve services for its clientele.The company confirmed the operational launch of the new 'JUICY COUTURE' store in Hyderabad on April 14, 2026.This expansion highlights Brand Concepts Limited's commitment to extending its reach and service network. The opening of the facility aims to bring greater accessibility and improved customer services to the local community.BCONCEPTS Stock Price Movement On Monday, Brand...

Kalpataru Ltd Reports Strong Pre-Sales and Collections Growth for FY 2025-26 Kalpataru Ltd has released its operational performance summary for the quarter and the full year ending March 31, 2026. The company provided key metrics detailing its performance in both the fourth quarter and the entire fiscal year, showcasing growth in both pre-sales revenue and collections.The company's financial performance data is structured to allow investors and market participants to compare the current reporting period against the previous fiscal years.Q4 FY 2025-26 Performance Summary The fourth quarter of the fiscal year 2025-26 saw notable growth compared to the previous year. Pre-sales revenue reached 1,833 INR Cr, marking a 6% year-over-year...

Innova Captab Limited's GST Proceedings Dropped; Demand of ₹ 15,81,37,255.40 Canceled Innova Captab Limited announced today that proceedings related to a Show Cause cum Demand Notice (SCN) issued under the Central Goods & Services Tax (CGST) Act, 2017, have been dropped by the adjudicating authority. The company confirmed that the matter stands concluded with no resultant liability.The proceedings stemmed from an SCN dated October 15, 2025, which was issued by the Central Goods & Services Tax Commissionerate, Regional Unit, Shimla.Following the issuance of the notice, Innova Captab Limited submitted its response and supporting documents within the prescribed timelines. After reviewing the submissions and records, the adjudicating...

Oberoi Realty Limited Announces Amalgamation of Nirmal Lifestyle Realty Private Limited Oberoi Realty Limited has announced that the Scheme of Amalgamation involving Nirmal Lifestyle Realty Private Limited (NLRPL) is now effective. The merger, which involves Oberoi Realty Limited (ORL) and their respective shareholders, was formalized on April 14, 2026.The Scheme of Amalgamation details the integration of Nirmal Lifestyle Realty Private Limited with Oberoi Realty Limited. The process reached its effective stage following the filing of requisite forms with the Registrar of Companies, Mumbai, on the specified date.The amalgamation marks a significant corporate development for both entities, officially making the Scheme effective from...

GHV Infra Projects Secures USD 90.25 Million EPC Contract for Renewable Gas Project in USA GHV Infra Projects Limited announced on April 14, 2026, that it has secured a significant Engineering, Procurement and Construction (EPC) Contract with Ductor Americas Inc. The agreement involves the development of a Renewable Natural Gas (RNG) and Fertilizer Project, known as the DUCTOR RNG Project, located in Versailles, Ohio, USA.The contract marks an international expansion opportunity for the Indian infrastructure company. The comprehensive scope of work encompasses all critical phases of development, including the design, engineering, procurement, construction, installation, commissioning, testing, and related services for the project...

Vikas EcoTech Limited Receives Tax Demand Order of ₹ 9.11 Crore From Income Tax Department Vikas EcoTech Limited has disclosed the receipt of assessment orders from the Income Tax Department, which have raised a tax demand against the company. The company stated that it is currently evaluating the orders and plans to pursue appropriate legal remedies, including filing appeals within the prescribed timelines.The tax demand, which pertains to various assessment years, was formalized after the company received the relevant order on March 27, 2026. The demand of ₹ 9.11 Crore primarily arose due to certain additions and/or disallowances made by the Income Tax Authorities during the course of the assessment proceedings.In detailing the...

Samvardhana Motherson Subsidiary Dissolved by Commercial Register; Financial Impact Reported Samvardhana Motherson International Limited announced that its indirect wholly owned subsidiary, Samvardhana Motherson Reflectec Group Holdings Limited (SMR-Jersey), has been dissolved by the Commercial Register. The dissolution was processed following the submission of an application by SMR-Jersey.The Commercial Register dissolved SMR-Jersey effective April 10, 2026. The subsidiary is an indirect wholly owned subsidiary of Samvardhana Motherson International Limited and is held through Motherson Global Investments B.V. (MGI BV).During the financial year 2024-25, SMR-Jersey reported specific financial metrics. The subsidiary's income and net...

Vikas Lifecare Limited Receives Tax Demand Order of ₹ 22.99 Crore from Income Tax Department Vikas Lifecare Limited recently confirmed the receipt of an assessment order from the Income Tax Department, which has raised a tax demand totaling ₹ 22.99 Crore. The company stated that the demand relates to various assessment years and has been received as of March 27, 2026.The tax demand primarily stems from certain additions and/or disallowances made by the Income Tax Authorities during the assessment proceedings.Management confirmed that the company is currently evaluating the order details. According to the information provided, the assessment process involved various years, with the department raising the tax demand against the...

Sonu Infratech Secures Rs 2.04 Crore Work Order from Reliance Industries Limited Sonu Infratech Limited has announced the receipt of a substantial work order worth Rs. 2,04,37,354 from Reliance Industries Limited. The contract pertains to providing services for RCC Drains Works for a glass factory train.The company received the work order on April 14, 2026, with the order itself being dated March 31, 2026. Sonu Infratech Limited noted that the contract validity period is set between 10.03.2026 and 10.05.2026.The secured order is characterized as a domestic contract with Reliance Industries Limited, and the company confirmed that there is no interest from the promoter or promoter group in the awarding entity, nor would the order fall...

North Eastern Carrying Corporation Ltd. Proposes Preferential Issue of Equity Shares to Promoter North Eastern Carrying Corporation Ltd. has announced a proposal to issue equity share capital on a preferential basis. The capital raise is intended to benefit the company's promoters and involves the conversion of outstanding unsecured loans into equity. This transaction remains subject to the approval of the company’s shareholders.The preferential issue involves issuing equity shares to Mr. Sunil Kumar Jain, who is identified as a promoter of the company. The structured transaction sees the shares being issued in lieu of the unsecured outstanding loan owed by the promoter. The issue price of these equity shares is adjusted against the...

Muthoot Capital Services Ltd to Hold Board Meeting on May 8 to Approve Financial Results Muthoot Capital Services Limited has announced that its Board of Directors meeting is scheduled for Friday, May 08, 2026. The primary focus of the meeting will be the consideration and approval of the Company's Audited Financial Results for the Quarter and Financial Year ended March 31, 2026.In conjunction with the financial results announcement, the Company also provided an update regarding its trading window. The trading window for all Designated Persons of Muthoot Capital Services Limited, along with their immediate relatives, was closed effective April 01, 2026. The window is slated to reopen 48 hours after the official declaration of the...

RailTel Corporation Secures Major Domestic Order from Rail Vikas Nigam Limited RailTel Corporation of India Ltd., a Navratna PSU, has secured a major contract with Rail Vikas Nigam Limited (RVNL) for the provision of integrated communication systems across railway tunnels. The Letter of Acceptance (LoA) details the scope and significant financial terms of the domestic order.The contract involves the Supply, Installation, Testing, and Commissioning (SITC) of Integrated Tunnel Communication Systems. This comprehensive package includes VHF Simplex System, CCTV System, PA System, and Emergency Call Points within Tunnels T-8 through T-11, covering four stations with a total section length of 36 Km.The key operational and financial...

Den Networks Limited released its Investors Presentation detailing the audited financial results for the quarter and financial year ended March 31, 2026.Business Overview Den Networks operates through two key segments. The Cable Business, incorporated in 2007 and registered in Maharashtra, is a leading Cable TV Distribution company. Its Cable operations span over 450+ cities/towns across 13 key states in India, including Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh, and Uttarakhand.The company's Broadband segment is handled by DEN Broadband Limited, which was incorporated in 2011 and is headquartered in New Delhi. This subsidiary holds a Unified...

Unifinz Capital India Ltd's Finance Committee to Discuss Raising Rs 315 Crore via NCDs Unifinz Capital India Ltd has announced that its Finance Committee of the Board of Directors is scheduled to meet to consider a major proposal for raising capital. The meeting is set for Friday, April 17, 2026, at the company’s corporate office.The primary focus of the committee meeting will be to consider and approve the proposal for raising funds through the issuance of Nonconvertible Debentures (NCDs). This fundraising initiative is planned to be executed on a Private Placement basis.According to the company, the proposed funds are set to not exceed an overall limit of Rs 315,00,00,000 (Rupees Three Hundred Fifteen Crore only).The proposed...

RailTel Corporation of India Ltd. Secures Domestic Order of Rs. 309 Crore from Rail Vikas Nigam Limited RailTel Corporation of India Ltd. has successfully secured a major Letter of Acceptance (LoA) from Rail Vikas Nigam Limited (RVNL). This contract involves the Supply, Installation, Testing, and Commissioning (SITC) of integrated tunnel communication systems, significantly bolstering the company's order book.The awarded contract, designated as Package-1, covers the SITC of Integrated Tunnel Communication Systems. The scope includes vital infrastructure like the VHF Simplex System, CCTV System, PA System, and Emergency Call Points across Tunnels (T-1 To T-7) and Stations, covering a total section length of 42.7 Km.The transaction is...

Transworld Shipping Lines Signs MOA for Sale of M.V. SSL Godavari to Avana Logistek Limited Transworld Shipping Lines Limited, formerly known as Shreyas Shipping & Logistics Ltd, has signed a Memorandum of Agreement (MOA) on April 14, 2026, for the sale of one of its vessels. The agreement involves the sale of M.V. SSL Godavari to Avana Logistek Limited.The transaction details confirm that Transworld Shipping Lines Limited is divesting the vessel to Avana Logistek Limited. The sale consideration for M.V. SSL Godavari is set at US$ 19,600,000.The core transaction details for the sale agreement are as follows:ParticularsDetailsSellerTransworld Shipping Lines Limited (formerly Shreyas Shipping and Logistics Limited)BuyerAvana...

Bridge Securities to Hold Board Meeting on April 17, 2026, to Review FY Results Bridge Securities Ltd has announced that its Board of Directors will convene a meeting on Friday, April 17, 2026. The meeting is scheduled to take place at 03:00 P.M. at the Company's registered office located at 4th Floor B/408, Stellar, Sindhu Bhavan Road Nr Pakwan Cross Road, Bodakdev, Ahmedabad, Gujarat, India - 380 054.The primary focus of the Board Meeting will be the consideration and approval of key financial documents for the company.During the meeting, the directors are slated to consider and approve:* The Audited Financial Results of the Company for the Quarter and Year ended on March 31, 2026, along with the Auditor's Report...

Apollo Tyres Ltd Receives Penalty Order of Rs 15.10 lacs in GST Dispute Over E-way Bill Apollo Tyres Ltd, a leading tyre manufacturer, reported receiving an order from the Assistant Excise and Taxation Officer, Haryana (GST), concerning a dispute related to E-way Bills. The company stated that the authority passed an order levying a penalty of Rs 15.10 lacs.The order was received by Apollo Tyres Ltd on April 13, 2026. The dispute primarily revolves around issues concerning E-way Bills.Apollo Tyres Ltd provided details of the enforcement action in an annexure outlining the specifics of the penalty.ParticularsDetailsName of the AuthorityAssistant Excise and Taxation Officer, Haryana (GST)Penalty Order PassedLevying penalty...

IFGL Refractories Ltd Announces Resignation of Vice President - Projects IFGL Refractories Ltd has announced the resignation of its Vice President - Projects, Mr. Subbaraman Swaminathan. The executive stated that his departure is due to personal reasons.Mr. Swaminathan's resignation is effective from the close of working hours on April 14, 2026.The company confirmed the details of the change in leadership. Key facts regarding the transition are summarized below:ParticularsDetailsRoleVice President - ProjectsDeparting ExecutiveMr. Subbaraman SwaminathanReason for ChangeResignation due to personal reasonsCessation DateClose of working hours on April 14, 2026The announcement confirms the change in key personnel...