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Care Edge Ratings Reaffirms Credit Rating for Dredging Corporation of India Limited Care Edge Ratings has reaffirmed the credit ratings for Dredging Corporation of India Limited (DCIL). The rating report, dated April 8, 2026, details the company's financial standing and operational strengths as it continues to modernize its assets and bolster its order book.Credit Ratings Snapshot The ratings provided to DCIL for its major facilities have been reaffirmed by the rating agency. The details are presented below:Facilities/InstrumentsAmount (₹ crore)RatingRating ActionLong Term Bank Facilities404.55 (Enhanced from 188.64)CARE BBB+; StableReaffirmedLong Term/ Short Term Bank Facilities225.00CARE BBB+; Stable/ CARE A3+Reaffirmed...

Alfa Transformers Ltd. Cancels Board Meeting Scheduled for April 15, 2026 Alfa Transformers Ltd. announced the cancellation of its Board of Directors meeting originally scheduled for April 15, 2026. The company informed stakeholders that the decision was taken due to unavoidable reasons.The cancellation notice was issued on April 13, 2026. The Board of Directors of Alfa Transformers Ltd. will not convene for the meeting that was planned for the middle of the month, citing circumstances beyond control.The company name, Alfa Transformers Ltd., is associated with the scrip code 517546.Stock Price Movement As of 14:42, Alfa Transformers Ltd is dropping sharply, currently trading at ₹46.00, marking a 2.75% decrease for the day. The...

Magellanic Cloud Limited Appoints Ravi Janarthanan as Additional Director Magellanic Cloud Limited announced the appointment of Mr. Ravi Janarthanan as an Additional Director (Non-Executive, Non-Independent) to the company’s Board of Directors. The Board of Directors approved the appointment during a meeting held on Saturday, April 11, 2026, with the appointment taking effect from the same date.Mr. Janarthanan’s addition strengthens the company's leadership structure. The company noted that Mr. Ravi Janarthanan is an accomplished entrepreneur and global investor with considerable experience spanning various critical sectors, including aerospace & defence, artificial intelligence, and energy. His background provides expertise in...

ESAF Small Finance Bank Allots 13,898 Equity Shares to Employees Under Stock Option Scheme ESAF Small Finance Bank Limited reported the allotment of equity shares to its eligible employees on April 13, 2026. The allotment was executed following the exercise of options vested under the ESAF Employee Stock Option Scheme 2019.The Nomination, Remuneration and Compensation Committee of the Bank’s Board of Directors formalized the allocation of shares during a meeting held on April 13, 2026. The committee approved the issuance of 13,898 equity shares, each having a face value of Rs. 10/-.This share allotment represents the utilization of vested options under the defined employee stock option scheme.The details regarding the share...

Exhicon Events Media Solutions to Hold Board Meeting for Main Board Listing Migration Exhicon Events Media Solutions Ltd announced that its Board of Directors is scheduled to convene a meeting on Monday, April 20, 2026. The meeting was scheduled in relation to the company's listing status and upcoming migration to the main exchange boards.The primary agenda item for the Board meeting is the proposal for the Migration of Listing and Trading of the company’s Equity Shares. This migration involves moving the shares from the BSE SME platform to the Main Board of Bombay Stock Exchange and subsequently to the Main Board of National Stock Exchange of India Limited.Additionally, the Board meeting is slated to discuss any other matter...

Athena Global Technologies Approves Preferential Allotment of 7,00,000 Share Warrants Athena Global Technologies Ltd. announced on April 13, 2026, that its Board of Directors approved the preferential allotment of 7,00,000 share warrants to Karthikeya Manchala, a member of the promoter group.The board decision finalized the allotment of the warrants convertible into an equal number of equity shares. The issue price set for the warrants is Rs. 84/- per share.The transaction requires the receipt of 25% of the total consideration, which amounts to Rs. 1,47,00,000/-. The company stated that due to the allotment of these convertible warrants, there will be no change in the paid up capital.The initial allotment of the warrants was...

Kundan Edifice Limited Approves Name Change to Visdem Technosys Limited; Announces Key Corporate Updates Kundan Edifice Limited announced several significant corporate changes following the Board of Directors meeting held on April 13, 2026. The Board conducted the meeting at the company's registered office and also through VC/OAVM.During the meeting, the Board of Directors approved several key resolutions regarding the company's corporate structure and future operational logistics.Corporate Name and Constitutional Alterations The primary resolution approved by the Board was the change of the company's name. Kundan Edifice Limited approved altering its name from Kundan Edifice Limited to Visdem Technosys Limited. This change mandates...

Ola Electric Mobility Ltd has reported a significant legal update following intervention by the Hon'ble High Court of Bombay at Goa. The company confirmed that the High Court has quashed and set aside several previous orders that had been issued by the District Consumer Disputes Redressal Commission, South Goa.The legal update pertains to an earlier intimation issued by the company on February 17, 2026.According to the report, the Hon'ble High Court of Bombay at Goa reviewed the matter and set aside the specific orders dated January 20, 2026, and February 4, 2026.The High Court's observations noted that the Commission had exceeded its jurisdiction. Furthermore, the court concluded that the direction for the personal appearance of...

Exicom Tele-Systems Limited Wins Appeal Against Tax Department Order Exicom Tele-Systems Limited announced on April 13, 2026, that an appeal filed with the Joint Commissioner (Appeal), State Tax, Haldwani, Uttarakhand, has been successful, setting aside an earlier order received from a lower tax authority.The Company had previously reported the receipt of an order from the Office of the Assistant Commissioner, State Tax Department, Rudrapur, Uttarakhand, issued under Section 130 of the Central/State/Integrated Goods and Services Tax Act, 2017. This original order had imposed a confiscation and penalty amounting to ₹90,11,224/- (inclusive of taxes).The Company had appealed the aforesaid order before the Appellate Authority. According...

A-1 Ltd Achieves 100% Debt-Free Vehicle Fleet and Significantly Expands Logistics Capacity A-1 Ltd announced a significant upgrade to its logistics infrastructure, confirming that its fleet of tankers and vehicles is nearly entirely debt-free. The company detailed plans to achieve full ownership of its vehicular assets by October 2026, coupled with a substantial increase in its operational capacity.The company reported that more than 90% of its tanker and vehicle fleet is currently debt-free. A-1 Ltd further stated that the remaining dues associated with its vehicles will be cleared within this year, ensuring the company operates a 100% owned, debt-free fleet by October 2026.In addition to clearing existing dues, A-1 Ltd announced...

Ola Electric Launches S1 X+ 5.2 kWh Scooter Featuring 4680 Bharat Cells Ola Electric Mobility Limited today announced the launch of the new S1 X+ 5.2 kWh scooter, a product designed to make long range electric vehicle (EV) technology more accessible to the mass Indian market. The new launch is powered by the company's indigenously developed 4680 Bharat Cell, marking a major milestone in the company's push to scale high-performance EV technology.The S1 X+ 5.2 kWh was launched at an introductory price of ₹ 1,29,999, which is valid until April 15, 2026. The introduction of this model underscores Ola Electric's capability in bringing its advanced in-house cell technology to a wider consumer base.This move highlights the company's...

NCL Industries Ltd. Receives Approval for 130 MW Solar and Wind Power Project in Tamil Nadu NCL Industries Ltd. has received significant approvals for a large-scale renewable energy venture in Tuticorin, Tamil Nadu. The company's Board of Directors approved the implementation of Phase 1 of the project, marking a major step in its expansion into the solar and wind power sector.The Board of Directors approved the initial phase of the project, which involves a 50 MW capacity from the overall 130 MW project at Tuticorin, Tamil Nadu. This initial phase is estimated to cost Rs. 392 crores. The development includes establishing infrastructure for power evacuation and transmission, and the project will be financed through a combination of...

Gabion Technologies Secures Multiple Routine Work Orders Worth INR 8.04 Crore Gabion Technologies India Ltd announced the receipt of multiple routine work and supply orders during the period from March 29, 2026, to April 11, 2026. The aggregate value of these orders stands at approximately INR 8,04,83,823.78/- (Rupees Eight Crore Four Lakh Eighty-Three Thousand Eight Hundred Twenty-Three and Seventy-Eight Paise Only), inclusive of applicable GST.The company confirmed that these orders, received in the ordinary course of business, encompass the supply of gabion boxes, Rockfall Netting & Rocknet, Slope Mate, GeoComposite, and execution of various slope protection works. The received orders are noted as domestic in nature.Gabion...

Jupiter Infomedia Board to Consider Major Corporate Changes, Including Fund Raise and MOA Alterations Jupiter Infomedia Ltd. announced that its Board of Directors will convene on Monday, April 20, 2026. The meeting is scheduled to consider and approve several key corporate actions vital for the company's future structure and financing.Among the critical agenda items to be addressed are the approval of the audited financial results for the quarter and financial year that concluded on March 31, 2026.The Board meeting will also focus heavily on corporate restructuring and capital raising. Directors will consider mechanisms to raise funds through a Preferential issue of shares and warrants.In terms of corporate governance, the meeting...

Noida Toll Bridge Company Board Considers DND Flyway Maintenance and Road Upgradation Status Noida Toll Bridge Company Limited held its Board of Directors meeting on April 13, 2026. The meeting commenced at 11:30 a.m. and concluded at 1:15 p.m., during which the board considered several key operational and maintenance matters related to the company's infrastructure.The Board of Directors focused on critical aspects of the company's assets, including the DND Flyway and ongoing road improvements.Key items discussed during the board meeting included:Taking note of the Independent Assessment of Operations and Maintenance and Major Maintenance requirements for the DND Flyway. Reviewing the status of ongoing road upgradation work...

Vilin Bio Med Limited Receives National Stock Exchange Trading Approval for Preferential Allotment Shares Vilin Bio Med Limited announced on April 13, 2026, that the company has secured trading approval from the National Stock Exchange for its equity shares allotted through a preferential allotment.The company confirmed that the National Stock Exchange granted trading approval for a total of 13,00,000 equity shares. These shares have a face value of Rs. 10 each and were allotted on a preferential allotment basis.The key details of the shares for which trading approval was received are provided below:DetailValueCompany NameVilin Bio Med LimitedNSE ScripVILINBIOTotal Shares Allotted13,00,000Face Value Per ShareRs. 10/-...

Adani Green Energy Limited to Host 4QFY26 Earnings Call with Key Management Adani Green Energy Limited has scheduled its conference call for the fourth quarter of fiscal year 2026. The call is set to discuss the company's financial results for the quarter and the year ended March 31, 2026, along with the overall business outlook.The earnings conference call is being hosted by JM Financial Institutional Securities Limited.The management team, comprising key executives from the company, will participate in the discussion. Participants include Mr. Ashish Khanna, Chief Executive Officer (CEO); Mr. Saurabh Shah, Chief Financial Officer (CFO); and Mr. Vijil Jain, Head of Investor Relations (IR).The call is scheduled for Friday, April...

Kernex Microsystems Secures Rs. 67.53 Crore Order for KAVACH Loco Equipment from Patiala Kernex Microsystems India Ltd has secured a substantial domestic contract worth Rs. 67.53 Crores (including GST). The order has been awarded by the PCMM Office in Patiala for the supply, installation, testing, and commissioning of On-board KAVACH Loco equipment.The contract addresses the provision of specialized railway technology and was structured according to the ROSO Specification No. ROSO/SPN/196/2020, Version 4.0, or the latest version thereof.The transaction falls under the category of a domestic order and is described as crucial for the railway sector. The awarding entity for the contract is identified as the PCMM Office, Patiala. The...

Jaykay Enterprises to Acquire Defence Precision Manufacturer Patange Industries' Business Undertaking Jaykay Enterprises Limited announced on April 13, 2026, that its Board of Directors approved the acquisition of the Business Undertaking of Patange Industries Private Limited (PIPL). The transaction involves a slump sale on a going concern basis.PIPL is a company engaged in the specialized field of defence precision manufacturing, fabrication, and engineering design services. The acquisition aligns with Jaykay Enterprises Limited's strategic objective to expand its presence within the Defence & Aerospace sector and to strengthen its technological and engineering capabilities.The acquisition entails the transfer of PIPL's operational...

Dev Accelerator Locks in ₹110 Crore Enterprise Deal, Signaling Institutional Shift to Managed Workspaces Dev Accelerator Limited (DevX) has secured a landmark enterprise deal with Manubhai and Shah LLP, solidifying its position as a key provider of managed office solutions in India's Tier-II cities. The agreement represents one of the largest enterprise-led flexible workspace transactions in the Ahmedabad area, promising strong, long-term revenue visibility for DevX.The contract spans a 9-year period and encompasses approximately 1,00,000 sq. ft. Manubhai and Shah LLP will relocate its Ahmedabad headquarters to DevX's managed campus at Capital One, utilizing a total capacity of 2,000 seats, with over 1,000 seats committed in Phase 1...