Markets

Grameva Ltd Commences Four New Business Verticals Including Layer Farming and Fish Trading Grameva Ltd, formerly known as Bangalore Fort Farms Ltd, announced the Board of Directors' approval for the commencement of four distinct new lines of business. These additions include a Layer Farming Unit, a Feed Mill Unit, a Piggery Unit, and the Aqua Products Fish Trading Business.The Board meeting to approve these expansions was held on April 11, 2026, commencing at 12:30 P.M. and concluding at 1:12 P.M.New Business Verticals and Investment Outlays The company outlined the details and estimated investments for each new venture.Layer Farming Unit Layer farming, classified under the agriculture and allied activities sector, focuses on...

John Cockerill India Ltd Receives Updated Credit Rating from CARE Ratings Limited John Cockerill India Ltd has received an update to its credit rating from CARE Ratings Limited. The update reflects the company's financial standing following the acquisition of a global metals business.The ratings for Long-term / Short-term Bank Facilities have been updated as follows:FacilitiesRatingRating ActionLong-term / Short-term Bank FacilitiesCARE BBB / CARE A3+ (RWD)Placed on Rating Watch with Developing ImplicationsThese updated ratings were issued by CARE Ratings Limited.Operational Context and Transaction Details The revision followed the shareholders' approval for the proposed acquisition of the global metals business of John...

Indriya Limited Approved by CCI to Acquire Stake in Aditya Birla Housing Finance Limited CCI Approves Acquisition as Indriya Targets Housing Finance Sector Growth The Competition Commission of India (CCI) has granted approval to Indriya Limited for its proposed acquisition of equity shares in Aditya Birla Housing Finance Limited. This approval marks a significant development for the housing finance sector in India.The clearance was issued on April 11, 2026, following the necessary submissions under Regulation 13(2) of the Competition Commission of India (Combinations) Regulations, 2024.Indriya Limited, which will be the acquiring entity, is moving to secure a substantial stake in the established housing finance company, Aditya Birla...

Invicta Diagnostic Limited Approves Agreement for Acquisition of Vinchurkar Diagnostics Private Limited Invicta Diagnostic Limited announced that its Board of Directors, at a meeting held on April 11, 2026, approved the draft Share Purchase Agreement (SPA) and Shareholders' Agreement (SHA) for the proposed acquisition of Vinchurkar Diagnostics Private Limited. The agreement incorporates certain modifications to the terms and conditions of the transaction.The Company confirmed that it will execute the Share Purchase Agreement and Shareholders' Agreement on April 11, 2026. The revised terms approved by the Board are stated to be broadly in line with earlier disclosures made during the Board Meetings held on January 5, 2026, and March...

Cyber Media Receives Payment for Unpaid Rights Issue Call Money Cyber Media (India) Limited reported the receipt of First and Final Call Money for a segment of partly paid-up rights equity shares following a notice issued regarding unpaid dues.The Company previously informed stakeholders about the decision made by the Rights Issue Committee of the Board of Directors to issue a Final Reminder-cumForfeiture Notice. This notice, dated March 05, 2026, was addressed to the holders of 2,09,064 partly paid up rights equity shares pertaining to an unpaid First and Final Call Money of Rs. 7.90 per Share.Cyber Media (India) Limited stated that during the specified collection period, which ran from March 24, 2026, to April 07, 2026, the...

Kamdhenu Ventures Subscribes to Shares of Subsidiary Kamdhenu Colour and Coatings Kamdhenu Ventures Limited announced details regarding its investment in its wholly owned subsidiary, Kamdhenu Colour and Coatings Limited (KCCL). The company confirmed the allotment of shares following an investment approval by the investment committee of the Board of Directors.The transaction involves the subscription of 3,614 equity shares from KCCL. Kamdhenu Ventures Limited paid a total amount of Rs. 13,01,04,000 (Rupees Thirteen Crore One Lakh Four Thousand Only) for this investment.The allotment structure for the 3,614 equity shares details the issue price, face value, and premium payable to the company, which were set at a right basis.The...

Medplus Health Services Reports Suspension of Drug License for Subsidiary Store in Odisha Medplus Health Services Limited reported that Optival Health Solutions Private Limited, a subsidiary of the company, has faced a suspension order for a Drug License pertaining to a store in the state of Odisha.The action stems from the Dy. Drugs Controller, Southern Zone, Berhmpur, Licensing Authority, Odisha. According to the details, the authority issued an order suspending the Drug License for a five-day period for the store located at Bahadur Bagicha pada, Odisha.The formal order was received on April 10, 2026. The basis for the action cited is Rule 65 of the Drugs and Cosmetics Act, 1940 and the Drugs and Cosmetics Rules, 1945.The...

Advance Agrolife Limited Receives Letter of Intent for Agrochemical Supply from National Fertilizers Limited Advance Agrolife Limited announced on April 11, 2026, that it received a Letter of Intent (LOI) from National Fertilizers Limited (NFL) concerning the supply of agrochemicals.The LOI was received on April 10, 2026, following Tender No. NFL/CO/Mking-D/AC/Kh-2026/09 dated January 28, 2026.The agreement details specify a broad commercial consideration of INR 30,37,91,000/- (Thirty Crore thirty-sevel Lakhs Ninety-one thousand only).Key Details of the Order/Contract The terms outlined in the Letter of Intent indicate the following aspects of the potential contract for the supply of various agrochemicals to NFL's marketing...

Vikas Lifecare Limited Approves Fund Raising, Increases Authorized Capital On April 11, 2026, the Board of Directors of Vikas Lifecare Limited considered and approved several key corporate actions, including a proposal for raising funds, increasing the authorized share capital, and altering the Articles of Association.The Board approved a fund raising not exceeding Rs. 200 Crores. This capital raise is proposed to occur in one or more tranches through the issuance of warrants and/or equity shares on a preferential basis. The Board authorized the 'Fund Raising Committee' to take further actions, which include finalizing the list of proposed allottees, determining the number of securities to be issued, and setting the issue price. The...

Indian Bank Announces Changes in Directorate: Directors' Terms Concluded Indian Bank confirmed the cessation of directorship for two individuals, Shri Balmukund Sahay and Shri Vishvesh Kumar Goel, effective from April 11, 2026.The bank reported that the term of appointment for Shri Balmukund Sahay, who served as a Part-Time Non-Official Director, and Shri Vishvesh Kumar Goel, also serving as a Part-Time Non-Official Director, concluded on April 10, 2026. Consequently, both gentlemen ceased to be Directors of the Bank starting April 11, 2026.INDIANB Stock Price Movement On Friday, Indian Bank shares edged higher to close at ₹967.75, posting a robust 2.99% gain for the session. The stock saw considerable investor interest, with a...

NTPC Group Capacity Details Following THDC India Unit Commissioning NTPC Limited announced updates regarding the group's installed and commercial capacity, citing the commissioning of a unit by its subsidiary, THDC India Limited.THDC India Limited reported the Commercial Operation Date (COD) for its 4th Unit (250) MW of Tehri PSP (4X250 MW) effective from 00:00 Hrs on April 12, 2026. Following this development, the total installed capacity of the NTPC group now stands at 89,378 MW, while the commercial capacity is recorded at 88,298 MW.NTPC Stock Price Movement On Friday, NTPC Limited shares edged higher to close at ₹380.15, marking a 0.40% gain in session trading. The stock found support on Friday, trading on a substantial volume...

Zaggle Prepaid Ocean Services Signs Agreement with Generali Central Insurance Company Limited Zaggle Prepaid Ocean Services Limited has entered into an agreement with Generali Central Insurance Company Limited, which was previously known as Future Generali India Insurance Company Limited.The details of the agreement have been provided, outlining the key terms between the two entities.The agreement involves Zaggle providing the Zaggle Zoyer Platform to Generali Central Insurance Company Limited. In terms of the transaction details, the contract is with a domestic entity. The nature of the agreement is noted as an Agreement, and the anticipated time period for execution is 2 Years.Key details of the agreement awarded by Generali...

Ganesh Infraworld Limited Approves Further Investment in Kandoi Transport Limited Ganesh Infraworld Limited announced that its Board of Directors approved a further investment in Kandoi Transport Limited, an unlisted public company, via a right issue. The Board meeting was held on April 11, 2026, commencing at 11:40 A.M. and concluding at 12:00 P.M.The approved transaction aims to support business growth and create operational synergies within the company.Key details regarding the target entity and the proposed investment are outlined below:The target entity, Kandoi Transport Limited, operates in the Transport and Mining Development and operator (MDO) industry. As of the nine months ended December 31, 2025, Kandoi Transport...

Magellanic Cloud Limited Appoints Ravi Janarthanan as Additional Director The Board of Directors of Magellanic Cloud Limited announced the appointment of Mr. Ravi Janarthanan as an Additional Director. The appointment was approved during the Board meeting held on Saturday, April 11, 2026, with the directorship effective from the same date.Mr. Ravi Janarthanan will serve as an Additional Director (Non-Executive, Non-Independent).The company reported that Mr. Ravi Janarthanan is an entrepreneur and global investor. His professional experience spans various sectors, including aerospace & defence, artificial intelligence, and energy. He brings expertise in strategy, innovation, and global collaborations, having associations with...

Mantra Capital Ltd Details Acquisition of Shares by Promoter Group Member Mantra Capital Ltd, formerly known as Savani Financials Limited, reported details regarding the acquisition of shares involving Mrs. Deepa Kishor Tracy, who is identified as belonging to the Promoter/Promoter group. The transaction details concern the Target Company (TC) shares listed on BSE Limited.The data outlines the holdings of the acquirer, Mrs. Deepa Kishor Tracy, both before and after the acquisition.Before the consideration acquisition, Mrs. Deepa Kishor Tracy held 2,39,84,890 shares, representing 74.95% of the total share/voting capital and 74.95% of the total diluted share/voting capital of the TC.The acquisition details indicate that 45,00,000...

ICICI Prudential Mutual Fund Sells Shares of CMS Info Systems Ltd ICICI Prudential Mutual Fund, which operates through its various schemes and investment strategies, reported a sale of its holdings in CMS Info Systems Ltd. The sale activities were reported following a transaction on April 09, 2026.The Fund sold 2,63,446 shares of CMS Info Systems Ltd on April 09, 2026. This divestment resulted in a decrease in the Fund's shareholding by more than 2% of the company's paid-up capital when compared to the previous disclosure made on September 04, 2025, where the stake stood at 5.29%.Furthermore, the schemes and investment strategies of the Fund executed a net sale of 33,78,195 shares of the Company from the last filing submitted on...

Pari Washington India Master Fund Divests Shares in Elgi Equipments Limited Pari Washington India Master Fund, Ltd., in conjunction with Pari Washington Investment Fund, is reporting details regarding the sale of shares in Elgi Equipments Limited. The transaction involves the divestment of a stated number of voting rights shares.The data provided details the holdings and transaction specifics for the acquirer/seller and the Person Acting in Concert (PAC) with the seller, which are both identified as Pari Washington India Master Fund, Ltd. and Pari Washington Investment Fund, respectively. The seller does not belong to the Promoter or Promoter group of the target company, Elgi Equipments Limited.The shares of Elgi Equipments Limited...

Indian Overseas Bank Announces Cessation of Directors Indian Overseas Bank reported the cessation of certain directors, effective April 11, 2026. The tenure of Shri B. Chandra Reddy, Shri Deepak Sharma, and Shri Suresh Kumar Rungta as Part-time Non-official Directors of the Bank concluded on April 10, 2026, leading to their status as Directors ceasing on April 11, 2026.IOB Stock Price Movement On Friday, Indian Overseas Bank shares edged higher, settling at ₹34.7 after gaining 1.79%. The stock traded on a notable volume of 4.05 million shares during the session.Source:

ICRA Reaffirms Ratings for Brookfield India Real Estate Trust Instruments Brookfield India Real Estate Trust REIT received updated credit ratings from ICRA Limited on April 10, 2026. The ratings cover various instruments related to the trust, including the Issuer rating, Commercial Paper, and Non-Convertible Debentures (NCDs).ICRA Limited issued the following ratings actions:Issuer Rating: ICRA AAA (Stable); Reaffirmed Commercial Paper (upto Rs. 1250 crores): ICRA A1+; Reaffirmed Non-Convertible Debentures (upto Rs. 1500 Crore): ICRA AAA (Stable); Reaffirmed Non-Convertible Debentures (up to Rs. 20 00 Crores): ICRA AAA (Stable); Reaffirmed (yet to be placed)The rating details are summarized below:S.No ISIN Credit Rating...

NIIT Ltd Announces Departure of Senior Management Personnel NIIT Ltd confirms that Mr. Yogesh Kumar Bhatt has concluded his tenure as a Senior Management Personnel of the Company. The departure was effective at the close of business hours on April 10, 2026.The details regarding the change in senior management personnel have been documented, noting that Mr. Yogesh Kumar Bhatt completed his tenure with the company. The cessation date is recorded as April 10, 2026.The information pertaining to the change in senior management personnel is presented below:Particulars DetailsName of Senior Management Person Mr. Yogesh Kumar BhattReason for Change Mr. Yogesh Kumar Bhatt has completed his tenure as a Senior Management Personnel of...