Markets

Muthoot Microfin Ltd. Achieves Top ESG Rating of 80.8 from CareEdge ESG Ratings Muthoot Microfin Limited has been assigned a significant ESG Rating of 80.8 (CareEdge-ESG 1+) by CareEdge ESG Ratings. This rating acknowledges the company's leadership position in managing Environmental, Social, and Governance (ESG) risks through best-in-class disclosures, policies, and overall performance.The new rating is particularly noteworthy as it stands as the highest ESG rating awarded to a Non-Banking Financial Company (NBFC) by CareEdge ESG Ratings.The upgrade reflects a substantial improvement across the key environmental, social, and governance parameters. Muthoot Microfin Limited's ESG rating has been upgraded from 72.2 (CareEdge-ESG 1) to...

ESOS Trust Finalizes Settlement Deed, Gains Shares of GHCL and GHCL Textiles GHCL Ltd has announced that the GHCL Employees Stock Option Trust (ESOS Trust) has successfully executed a settlement deed with a concerned broker. This action resolves litigations that were pending before various judicial forums.The settlement deed marks the resolution of outstanding legal proceedings concerning the ESOS Trust.The core terms of the settlement provide the ESOS Trust with specific equity entitlements in both GHCL Limited and GHCL Textiles Limited.Details of the shares received by the ESOS Trust under the settlement are as follows:CompanyNumber of Equity Shares ReceivedGHCL Limited7,45,966GHCL Textiles Limited8,56,466Following...

Anand Rathi Share and Stock Brokers Reports Strong Growth in Q4 FY26, Year-End Results Anand Rathi Share and Stock Brokers Limited announced its audited consolidated financial results for the quarter and year ended March 31, 2026. The company reported significant year-on-year growth across several key metrics, driven by robust performance in interest income and distribution segments.In the fourth quarter of FY26, the company’s Revenue from Operations expanded 28% year-on-year (YoY) to ₹ 2,557 million. EBITDA and PAT also saw substantial growth, rising 51% and 126% respectively, reaching ₹ 1,103 million (with a 43% EBITDA margin) and ₹ 416 million (16% PAT margin).For the full fiscal year (FY26), the Revenue from Operations stood at...

Trinity League India Ltd. Initiates Negotiations with NACOF for Agri-Tech Solutions Trinity League India Ltd. is reportedly in negotiations with the National Agricultural Cooperative Federation of India Ltd. (NACOF) to establish a potential arrangement involving comprehensive agricultural technology services.If finalized, the proposed engagement would see Trinity League providing a range of specialized services to NACOF, covering key areas of modern crop management and data analysis.The services under discussion include:Service CategoryDetailsAgricultural ProductsTrading of potassium and starch-based agricultural hydrogelCrop MonitoringComprehensive crop health monitoringData AcquisitionHigh-resolution UAV imagery...

Atlas Cycles Approves Extension for Sale Deed Execution of Sonepat Land Atlas Cycles (Haryana) Limited has confirmed that its Board of Directors has approved an extension until June 30, 2026, for the execution of the Sale Deed concerning a 20-acre parcel of land located in Sonepat, Haryana.The approval follows a request from the Buyer to extend the timeline for the land transaction.The company noted that the land sale process originated from an Agreement to Sell executed on December 7, 2024. To date, Atlas Cycles has received Rs. 34.80 Crore as part consideration from the buyer. Furthermore, the buyer has committed to paying an additional part consideration of Rs. 25.20 crores in April 2026.The company has previously communicated...

Sharp India Completes Three Debt Assignment Deals In April 2026 Sharp India Limited executed three deeds of assignment during April 2026, involving the transfer of borrowings and external commercial borrowing to various assignees. The transactions included the assignment of debt from the company's promoter group and fellow subsidiaries, transferring assets to third-party entities.Key Debt Assignments Reported The board of directors of Sharp India Limited noted the execution of three major assignments:1. Assignment of External Commercial Borrowing On April 14, 2026, a Deed of Assignment was executed for the assignment of External Commercial Borrowing (ECB). The transaction involved Sharp Corporation, Japan (the Assignor) and...

Purple Finance Ltd Announces Board Meeting to Approve FY and Quarterly Results Purple Finance Ltd has scheduled a Board Meeting of its Directors to consider and approve the Audited Financial Statements and Results for the quarter and Financial Year ended on March 31, 2026.The meeting is set to take place on Tuesday, April 21, 2026, at the Company’s Corporate Office.The Company listed various securities across equity and debt categories, including:CategoryScrip CodeScrip IDEquity544191PURPLEFINDebt9774521225PFL28Debt9777151250PFL31Debt977718PFL06426The outcome of the Board Meeting will have an impact on the trading window for the securities. Trading in the company's securities remains closed until 48 hours after...

Richfield Financial Services Ltd Board to Meet on April 17 for Potential Issue of NCDs Richfield Financial Services Ltd has scheduled its Board of Directors meeting for Friday, April 17, 2026. The meeting is set to consider a key business proposal regarding the corporate financing structure of the company.The primary agenda item for the board is the consideration and approval of the Issue of Series V Non-Convertible Debentures (NCDs). This approval will include the specific terms and conditions for issuing the debentures on a Private Placement basis.In addition to reviewing the NCD issue, the board meeting will also address other general business matters.Separately, the company reported that the trading window for dealing in its...

Fitch Ratings Upgrades Shriram Finance Ltd to 'BBB-', Removes Watch Positive Status Fitch Ratings has upgraded the credit ratings for India-based Shriram Finance Limited's (SFL) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to 'BBB-'. The rating action, published on April 14, 2026, also removed the company's ratings from Rating Watch Positive (RWP), indicating a stable outlook for the long-term IDRs.The upgraded rating reflects the strategic investment from Mitsubishi UFJ Financial Group, Inc. (MUFG).Key Rating Changes Fitch Ratings confirmed the following upgrades and changes in rating status for Shriram Finance Ltd.:ParticularsPrior RatingUpgraded RatingLong-Term Foreign IDRBB+ Rating Watch...

ACC Ltd to Hold Board Meeting to Approve FY26 Audited Results and Recommend Dividend ACC Ltd has scheduled a Board of Directors meeting to address the company's financial performance for the fiscal year 2025-26. The board is set to consider and approve the Audited Financial Results (Standalone and Consolidated) for the quarter and year ending March 31, 2026, and to recommend a dividend, if any, on the company’s equity shares.The Board Meeting is slated for Thursday, April 30, 2026.In connection with the release of these quarterly and annual results, ACC Ltd has also scheduled an investor and analyst call to discuss the business outlook and the audited financial outcomes. This investor call is scheduled for May 4, 2026.The company...

Varun Beverages Limited Receives ESG Score Update for FY 2025 Varun Beverages Limited has reported an updated Environmental, Social, and Governance (ESG) score for the fiscal year 2025. The assessment was provided by SES ESG Research Private Limited in a report dated April 13, 2026.According to the research, Varun Beverages Limited was assigned an initial ESG Score of '74.2' for FY 2025. After adjusting for sector and SES ESG Research exposures, the final adjusted ESG Score for the company was recorded at '66'.The company also provided context for the score's progression by noting the previous assessment.The ESG scoring data comparing the years is presented below:Fiscal YearReported ESG ScoreFY 2025 (Adjusted)66FY...

District Court Directs Mediation in Litigation Between DIC India Limited and Star Plastics DIC India Limited has confirmed that a District Court in New Delhi has directed the Company to undergo pre-litigation mediation before entertaining a commercial suit. The order was issued on April 7, 2026, involving the Company and Star Plastics.The dispute arose from a commercial suit for recovery that DIC India Limited had previously filed against Star Plastics before the District Courts in New Delhi.According to the court order dated April 7, 2026, the Learned District Court mandated that the Company must first initiate pre-litigation mediation under Section 12A of the Commercial Courts Act, 2015. This step is required to explore an...

360 ONE WAM LTD to Hold Board Meeting on April 21 for Financial Results and Dividend Consideration 360 ONE WAM LTD has scheduled a Board meeting for Tuesday, April 21, 2026. The meeting is set to consider and approve the company's financial results for the quarter and the financial year ending March 31, 2026.The agenda for the board meeting includes reviewing both standalone and consolidated unaudited and audited financial results.In addition to the review of the financial performance, the Board is also scheduled to consider the declaration of the first interim dividend for the financial year 2026-27.Should the Board declare the first interim dividend, it will be payable to the equity shareholders whose names appear on the...

Avi Products India Ltd Board Meeting Scheduled for April 23, 2026 Avi Products India Ltd has scheduled a meeting of its Board of Directors for Thursday, April 23, 2026. The meeting aims to address several critical corporate matters, including changes in management and the company's foundational structure.The company plans to consider and approve a comprehensive set of agenda items during the session.Key business actions scheduled for the board include:Management Appointments: Appointing new Additional Director(s) and appointing a new Managing Director. Auditing and Advisory: Appointing the Internal Auditor for the financial year 2026-27 and appointing a new secretarial auditor. Structural Amendments: Changing the registered office...

CIE Automotive India Ltd to Host Q1CY26 Results Conference Call CIE Automotive India Limited has scheduled its Q1CY26 Results Conference Call, inviting stakeholders to join the event. The results conference call is set for Friday, April 24, 2026.The call will be attended by key members of the management team, including Mr. Ander Arenaza Alvarez, CEO; Mr. K. Jayaprakash, CFO; Mr. Vikas Sinha; Mr. Oroitz Lafuente, Sr. VP - Strategy; and a Business Controller.Attendees can join the virtual conference call at 12:30 hrs IST, which translates to 09:00 hrs CET or 15:00 hrs HKT.For comprehensive details regarding the conference call, CIE Automotive India Limited has provided a schedule of the event, confirming the key operational figures...

Rajratan Global Wire to Hold Board Meeting on April 21, 2026, to Approve Q4 Results and Recommend Dividend Rajratan Global Wire Ltd has scheduled its next Board of Directors meeting for Tuesday, April 21, 2026. The meeting is set to address key financial results and determine potential dividend recommendations for the company.The primary agenda items for the Board Meeting focus on the financial performance for the quarter and the full financial year ending March 31, 2026.The board is scheduled to:1. Consider and approve the Audited Financial Results (Standalone and Consolidated) for the fourth quarter and financial year ended March 31, 2026. This session will also cover the reports provided by the auditors. 2. Recommend a...

Tata Elxsi to Announce Q4 FY26 Financial Results on April 21, 2026; Management to Host Earnings Call Tata Elxsi, a global provider of design and technology services, announced that it will disclose its financial results for the fourth quarter and full fiscal year ended March 31, 2026. The company confirmed that the results announcement will take place on Tuesday, April 21, 2026. Following the announcement, the company's leadership team will host an Earnings Call on the same date.The financial results pertain to the quarter and year ended March 31, 2026, and the Management of the Company will discuss the financial performance during the call.Management representatives for the earnings call include Mr. Manoj Raghavan, MD & CEO; Mr...

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...