Markets

Capricorn Systems Global Solutions Announces Amalgamation with Radical Bio-Organics Limited Capricorn Systems Global Solutions Limited announced that its Board of Directors approved a Scheme of Amalgamation involving M/s. Radical Bio-Organics Limited with and into Capricorn Systems Global Solutions Limited. The board meeting to consider and approve the amalgamation was held on April 11, 2026.The amalgamation involves the Transferor Company, M/s. Radical Bio-Organics Limited, merging with the Transferee Company, M/s. Capricorn Systems Global Solutions Limited, along with their respective Shareholders and Creditors.The boards meeting commenced at 4.30 p.m. and concluded at 5.05 p.m.Financial Overview of Entities The details...

Veer Global Infraconstruction Ltd Board Meeting Scheduled for April 14, 2026 Veer Global Infraconstruction Ltd has scheduled a meeting of its Board of Directors for Tuesday, April 14, 2026, commencing at 11:00 A.M. The meeting will be conducted through a Virtual Conference/Over Audio Video Means (VC/OAVM) facility.The Board has convened to consider and approve several key matters related to company financing and governance.The primary agenda items for the meeting include:1. Consideration and approval of revisions or clarifications regarding outstanding unsecured loans, specifically those disclosed in connection with the proposed preferential issue of equity shares. This session also aims to approve the issuance of a corrigendum to...

NCLT Kolkata Bench Passes Order on Scheme of Amalgamation for Somany Group Entities Somany Ceramics Ltd received an order from the National Company Law Tribunal, Kolkata Bench, concerning the proposed Scheme of Amalgamation involving several entities within the Somany Group. The order was pronounced on April 9, 2026, and subsequently uploaded on the NCLT's website on April 10, 2026.The scheme involves the amalgamation of Somany Bathware Limited, Somany Excel Vitrified Private Limited, and SR Continental Limited (collectively referred to as the Transferor Companies) into Somany Ceramics Limited (the Transferee Company).The Tribunal issued specific directions regarding the meetings of the involved companies' stakeholders. Notably, the...

Aqylon Nexus Limited Approves Subsidiary Incorporation and Reviews Financial Results Aqylon Nexus Limited, formerly known as Sri Adhikari Brothers Television Network Limited, conducted a Board meeting on Saturday, April 11, 2026, to consider and approve several key business activities, including the proposal to incorporate a Wholly Owned Subsidiary in the United Arab Emirates (UAE).The Board considered and approved the Audited Financial Results of the Company for the quarter and financial year ended March 31, 2026, following recommendations from the Audit Committee. The company also approved the proposal for the incorporation of a Wholly Owned Subsidiary, intended to expand the company's international footprint into the Ras Al Khaimah...

National Company Law Tribunal Dismisses DBS Bank's Claim Against Orchid Pharma Limited Orchid Pharma Limited reported that the National Company Law Tribunal (NCLT), Chennai Bench, dismissed an application filed by DBS Bank, formerly known as Lakshmi Villas Bank. This order pertains to the claim of lease rent during the Corporate Insolvency Resolution Process (CIRP) period.The Tribunal passed the order on April 2, 2026, and the details of the order were made available on April 10, 2026.The action taken involved the dismissal of an Interim Application (IA) filed by DBS Bank (formerly known as Lakshmi Vilas Bank). The claim sought relief under Section 60(5)(a), (b) and (c) read with Sections 30(2) and 53 of the Insolvency and...

Jeyyam Global Foods Approves Appointment of New Independent Director and Records Resignation Jeyyam Global Foods Limited, formerly known as Jeyyam Global Foods Private Limited, conducted a Board meeting on Saturday, April 11, 2026, during which several key corporate appointments and changes in board composition were approved or taken on record.The Board approved the appointment of Mrs. Priyanka Jain (DIN: 06359967) as the Woman Additional cum Independent Director designated as Non-executive Director. This appointment carries a tenure of 5 consecutive years, commencing from April 11, 2026, subject to the approval of the company members. The company confirmed that Mrs. Priyanka Jain is not debarred from holding the office of Director by...

Chartered Comcare IFSC Limited Receives Registration as Finance Company in GIFT City Chartered Logistics Ltd's wholly owned subsidiary, Chartered Comcare IFSC Limited, has secured a Certificate of Registration to commence business as a Finance Company at the Gujarat International Finance Tec-city (GIFT), IFSC, Gujarat. The company also received a Letter of Approval for setting up a unit within GIFT SEZ LTD for authorized operations.The Certificate of Registration confirms that Chartered Comcare IFSC Limited can undertake the operating lease of ships as a Finance Company.The operational authorization was granted under specific conditions outlined by the International Financial Services Centres Authority (IFSCA). The registration was...

Enviro Infra Engineers Limited Secures Major Maharashtra Projects Worth Over ₹972 Crores Enviro Infra Engineers Limited has secured Letters of Empanelments (LoEs) for the execution of two major projects in Maharashtra, detailing significant contract awards for the company. The awarded contracts are for Engineering, Procurement, and Construction (EPC) works under the Swachh Bharat Mission (urban) 2.0 Maharashtra.The company received these LoEs on April 10, 2026, covering projects in both Category I and Category II Urban Local Bodies (ULBs) within the state.Category I Project Details in Pune, Maharashtra The first major contract pertains to Category I ULBs in Pune, Maharashtra, specifically targeting areas with Sewage Treatment Plant...

Alfa Transformers Ltd to Hold Board Meeting on Fund Raising Proposal Alfa Transformers Limited has scheduled a meeting of its Board of Directors for Wednesday, April 15, 2026. The primary agenda item for the meeting is to discuss a proposal for fund raising through a rights issue of Equity Shares, subject to the company's decision and applicable law.The Board will also consider the formation of a committee to handle the fund raise, offer, and allotment of Equity Shares. This committee's scope will cover determining the pricing and terms of the instrument, the Issue price, the size, and all other terms and conditions related to the Equity Shares to be issued and offered. These actions are intended to align with the Securities and...

TechEra Engineering Secures Order Worth ₹ 1,60,00,000 From Defence Entity TechEra Engineering (India) Limited, which was formerly known as TechEra Engineering India Pvt. Ltd., has secured an order from a Defence Entity. The contract involves critical engineering services and has been awarded by a domestic entity.The confirmed order value, excluding GST, is ₹ 1,60,00,000/-. The scope of work detailed in the order encompasses the Fabrication, Installation, Erection, Commissioning, and Calibration of a Center Fuselage Assembly Jig.The transaction details highlight that the order is classified as a Commercial Order and is considered domestic in nature. The execution period for this order is slated for October 07, 2026.Key details...

E To E Transportation Infra Wins Contract Value of ₹ 44.66 Crore from Eastern Railway E To E Transportation Infrastructure Limited secured a contract valued at ₹ 44,66,37,270.19 from Eastern Railway, Howrah Division. The agreement involves augmenting signaling and telecom works related to the doubling of a section of the railway line.The company received the Letter of Acceptance on April 10, 2026, for the scope of work. This significant infrastructure contract covers the design, supply, installation, testing, and commissioning of Electronic Interlocking along with MSDAC and associated S&T works. The project pertains to the doubling from Rampurhat to Dumka (excluding) a length of 64 Km within the Howrah Division of Eastern Railway...

Kiri Industries Ltd Allots Equity Shares to Promoters Following Warrant Conversion Kiri Industries Ltd announced the allotment of 51,45,446 Equity Shares to the promoters and members of the Promoter group on a preferential basis. The shares were allotted through the conversion of an equal number of Warrants.The Board of Directors approved the allotment during a meeting held on April 11, 2026. The conversion was executed at an issue price of Rs. 369/- per share, which included a premium of Rs. 359/- constituting the Warrant Issue Price.The Company received the balance consideration of Rs. 181/- per warrant, representing 49.0515% of the Warrants Issue price. This consideration aggregated to Rs. 93,13,25,726/-.The allotment details...

Golkunda Diamonds & Jewellery Ltd Receives Credit Rating for Bank Facilities Golkunda Diamonds & Jewellery Ltd secured updated credit ratings for its bank facilities from Infomerics Valuation and Rating Ltd. The rating action was based on the company's operational and financial performance for FY25 and 9MFY26.The ratings provided cover both long term and short term bank facilities, detailing the financial strength assessment across key credit instruments.A summary of the rating action is presented below:FacilitiesAmount (Rs. crore)Current RatingsPrevious RatingsRating ActionLong term Bank Facilities47.00 (enhanced from 35.00)IVR BBB-/RWNI (IVR Triple B Minus on Rating Watch with Negative Implications)IVR BBB-/ Stable (IVR...

Adani Ports Board Meeting Scheduled to Address FY26 Results and Dividend Recommendation Adani Ports and Special Economic Zone Ltd announced that its Board of Directors meeting is scheduled for Thursday, April 30, 2026. The board meeting will consider and approve the Audited Financial Results for the quarter and the year ended March 31, 2026. A key agenda item will be the consideration and recommendation of any dividend on the equity shares of the Company for the Financial Year 2025-26.The trading window for the company's securities will remain closed from April 1, 2026, until the expiry of 48 hours from the date the results are declared and made public on April 30, 2026.Adani Ports and Special Economic Zone Ltd has also scheduled an...

MBL Infrastructure Ltd Board Approves Fund Raising and Director Reappointment The Board of Directors of MBL Infrastructure Ltd, in a meeting held on April 11, 2026, considered several key corporate matters, including a proposal for raising funds and the re-appointment of an Independent Director.During the board meeting, the company approved the proposal to seek shareholder approval for raising funds up to Rs. 300 crores through the issuance of securities. This funding mechanism is permissible whether denominated in Indian Rupees and/or foreign currencies, and can be executed via public issue, private placement, or any other mode, in one or more tranches, as allowed under the Companies Act, 2013, and/or SEBI Regulations.The Board...

Krishna Defence and Allied Industries Limited Appoints Manish Shah as CFO Krishna Defence and Allied Industries Limited announced the appointment of Mr. Manish Shah as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The Board of Directors approved this appointment during a meeting held on April 11, 2026, with the transition effective from the same date.The appointment followed recommendations from the Nomination and Remuneration Committee and subsequent approval from the Audit Committee.Mr. Manish Shah brings extensive experience to the role. He is a Chartered Accountant from the Institute of Chartered Accountants of India and a Certified Public Accountant from Australia. His profile indicates over 28 years of...

Panacea Biotec Awarded Contract to Supply Vaccine to Central Medical Services Society Panacea Biotec Limited has secured a Letter of Award (LOA) from the Central Medical Services Society, under the Ministry of Health and Family Welfare, Government of India. The agreement concerns the supply of Diphtheria and Tetanus Vaccine (Absorbed) for Adults and Adolescents IP.The LOA, dated April 10, 2026, specifies that the company will provide the Td Vaccine in multiple tranches to the Central Medical Services Society. The supply period is slated to begin between September and October 2026 and conclude between November and December 2028.The total value aggregated for this contract stands at INR 20.79 Crore.Key details regarding the contract...

Adani Airport City Limited Incorporates Four New Wholly Owned Subsidiaries Adani Airport City Limited, a step-down wholly owned subsidiary of Adani Enterprises Ltd, has successfully incorporated four new wholly owned subsidiaries. The information regarding this incorporation was received by the parent company on April 11, 2026, at 03:20 PM IST.The newly established entities are Adani Mangaluru Airport City Limited (AMACL), Adani Jaipur Airport City Limited (AJACL), Adani Lucknow Airport City Limited (ALACL), and Adani TRV Airport City Limited (ATACL). All four subsidiaries are wholly owned by Adani Airport City Limited, which itself is a step-down wholly owned subsidiary of Adani Enterprises Ltd.Details of New Entities The...

Affordable Robotic & Automation Limited Subsidiary Signs Term Sheet for Fund Raise Affordable Robotic & Automation Limited's subsidiary, ARAPL RaaS Private Limited, entered into a Term Sheet on April 9, 2026. The agreement was executed with Sai Green Projects Private Limited, which is identified as the Investor. The transaction involves a proposed fund raise of up to INR 48 Crore.The financing is structured through multiple tranches via the subscription of equity shares in ARAPL RaaS Private Limited. This potential investment is stated to be contingent upon several factors, including satisfactory due diligence and the receipt of necessary approvals, such as board and shareholder approvals where applicable, in addition to the execution...

RBL Bank Approves Amendment Agreement and Extraordinary General Meeting The Board of Directors of RBL Bank Limited approved, at a meeting held on April 11, 2026, the execution of an amendment agreement to the existing Investment Agreement with Emirates NBD Bank (P.J.S.C). Additionally, the Board sanctioned convening an extraordinary general meeting to seek shareholder approvals on key corporate matters.The initial Investment Agreement, executed on October 18, 2025, set out terms for the proposed issuance of up to 95,90,45,636 fully paid up equity shares of the Bank, each with a face value of INR 10/-. The proposed transaction involved a price of INR 280 per equity share, aggregating to INR 268,53,27,78,080.Amendment to Investment...