Markets

Purple Wave Infocom Ltd Clarifies Secretarial Auditor Appointment Term Purple Wave Infocom Ltd issued a clarification regarding the appointment details submitted following its Board Meeting held on April 10, 2026. The notice corrects a typographical error related to the term of appointment for the Secretarial Auditor.The clarification specifically addresses the appointment of Ms. Soniya Gupta, a Practicing Company Secretary and proprietor of M/s Soniya and Associates, as the Secretarial Auditor for the Company. The correction rectifies the previously mentioned term.The accurate term of appointment for Ms. Soniya Gupta is for the Financial Year 2025-26, replacing the erroneous mention of Financial Year 2026-27. All other aspects...

Board Meeting Scheduled for Garden Reach Shipbuilders & Engineers to Review FY2025-26 Results Garden Reach Shipbuilders & Engineers Ltd has scheduled a meeting of its Board of Directors for Monday, April 27, 2026. The primary agenda for this meeting includes considering and approving the Audited Financial Results for both the quarter and the year ending March 31, 2026. Additionally, the Board will consider recommending a final dividend for the Financial Year 2025-26, if applicable.The Company, a Government of India Undertaking under the Ministry of Defence, will convene the Board meeting on April 27, 2026.In separate announcements concerning trading activities, the Trading Window for dealing in securities of Garden Reach...

Craftsman Automation Limited Exits Equity Investment in RC Green Powers Private Limited Craftsman Automation Limited confirmed the complete exit from its investment in RC Green Powers Private Limited (RCGPPL). The Company stated that as of the reporting date, Craftsman Automation Limited holds no equity shares or other interest in RC Green Powers Private Limited.The decision follows earlier intimations regarding an equity investment in RCGPPL made by the Company, including notices dated 24th May 2025 and 27th March 2026, which were executed under the Group Captive Scheme.The Company reported that this exit does not have any material impact on the operations or the financial position of Craftsman Automation Limited.CRAFTSMAN Stock...

Pranik Logistics Enters Clearing and Forwarding Agreement with Piramal Pharma Limited Pranik Logistics Limited executed a Carrying and Forwarding Agreement with Piramal Pharma Limited on April 10, 2026. Under the terms of the agreement, Pranik Logistics will provide comprehensive clearing and forwarding services to Piramal.The services to be provided include handling, storage coordination, and distribution support for products such as Central Vista, Piraflex, and Pirakart. These operations will be managed from Piramal's facility situated at Vill: Belumilki, Ground Floor, Plot No. 148, 151, 155, 156 & 160, JL No. 11, Khatian No. 6423, Mouza: Belumilki, Sreerampore, Hooghly- 712223, West Bengal.The new arrangement is set to become...

CDG Petchem Ltd Board Approves Appointment of Independent Director Monika Garg On April 10, 2026, the Board of Directors of CDG Petchem Ltd approved the appointment of Ms. Monika Garg as an Additional Director (Non-Executive & Independent) of the Company. This appointment is effective from April 10, 2026, and is set for a term of five consecutive years, subject to shareholder approval at the ensuing Extra-Ordinary General Meeting (EGM).The Board considered and approved the appointment based on the recommendation of the Nomination and Remuneration Committee.Ms. Monika Garg, bearing DIN: 11643449, was profiled as a commerce post-graduate professional. Her experience spans administration, compliance documentation, client servicing, and...

SM Auto Stamping Ltd Receives Waiver of SOP Fine from BSE SM Auto Stamping Limited announced the receipt of confirmation from the BSE regarding the waiver of a Standard Operating Procedure (SOP) fine. The company confirmed that the BSE acceded to its waiver request concerning the SOP fine.The details of the waiver concern a fine previously levied related to the non submission of consolidated financial results for 31 March 2024.In a communication received on April 10, 2026, the BSE informed the company that after review by the 'Internal Regulatory Oversight and Review Group,' the request for waiver was approved. Consequently, the SOP fine amounting to ₹ 2,10,000 has been waived off.The impact of this waiver on the financials...

One 97 Communications Forms Indonesian Subsidiary On April 10, 2026, One 97 Communications Ltd announced the incorporation of a new wholly owned step down subsidiary in Indonesia. The new entity is named PT PAYTM INDONESIA TEKNOLOGI, referred to as 'Paytm Indonesia'.The incorporation involved Paytm Cloud Technologies Limited ('PCTL'), a wholly owned subsidiary of the Company, and Paytm Singapore Pte. Ltd., which is itself a wholly owned subsidiary of PCTL.For this new venture, the parties subscribed to 15,00,000 equity shares of Indonesian Rupiah 10,000 each in Paytm Indonesia. This subscription equates to an aggregate subscription amount of Indonesian Rupiah 15 billion. This figure is noted as being equivalent to approximately...

General Insurance Corporation of India Receives Notice of Demand for Assessment Year 2023-24 General Insurance Corporation of India (GIC Re), a Government of India Company, has received a Notice of demand from the Assessment Unit, Income Tax Department. The notice pertains to matters related to the assessment year 2023-24, determining a payable sum of Rs. 350.47 Crores.The Corporation plans to address the matter by pursuing an appeal before the National Faceless Appeal Centre (NFAC) or exploring other available legal options against the said notice, based on the merits of the case.The details concerning the demand and the tax authority are provided in the following table:Sr.ParticularDetails1.Name of AuthorityIncome Tax...

RITES Limited Announces Change in Senior Management Leadership RITES Limited has announced changes concerning its senior management, effective May 1, 2026. The transition involves Shri Subhra Jyoti Mandal joining the senior management team and Shri Anil Prakash ceasing to be part of the senior management structure.Shri Subhra Jyoti Mandal, currently serving as GGM/ Civil, initially took charge as Additional Regional Head, East Coast Region Project Office (ECRPO), Bhubaneswar, until April 30, 2026. He is scheduled to assume the role of Regional Head, ECRPO, Bhubaneswar, following the repatriation of Shri Anil Prakash.Consequently, Shri Subhra Jyoti Mandal will be included in the Senior Management of the Company starting May 1, 2026...

Seamec Limited's Vessel 'SEAMEC DIAMOND' Resumes Operations with ONGC Contract Seamec Limited announced that its vessel, 'SEAMEC DIAMOND', has returned to field operations. Following the completion of statutory drydocking, the vessel resumed its contract with ONGC. The service recommenced on April 10, 2026, at 21:36 hrs.The company's activities are detailed in the following structure:DetailValueVessel NameSEAMEC DIAMONDContract ActivityONGCResumption Date and TimeApril 10, 2026, at 21:36 hrsThe vessel's deployment status marks a resumption of its contractual duties with ONGC after undergoing statutory drydocking.SEAMECLTD Stock Price Movement On Friday, Seamec Limited shares edged higher to close at ₹1525.2...

Ambuja Cements Announces Effective Date of Scheme of Arrangement with Penna Cement Industries Limited Ambuja Cements Limited confirmed the effective date of the Scheme of Arrangement involving Penna Cement Industries Limited and Ambuja Cements Limited. The Scheme was sanctioned by the Hon'ble National Company Law Tribunal, Ahmedabad Bench, via an order issued on March 30, 2026.The company reported that the certified copy of the NCLT Order was filed with the Registrar of Companies, Ahmedabad, Gujarat, on April 10, 2026. This filing marks the compliance of both Ambuja Cements Limited and the Transferor Company with all conditions outlined in Clause 3.3 of the Scheme.Accordingly, the Scheme became effective on April 10, 2026. Following...

Dabur India Limited Penalized Following Alleged Violations of Food Safety Act Dabur India Limited faced an imposed penalty following alleged contraventions related to food safety standards and listing requirements.The details regarding the action taken were documented concerning an order received on April 10, 2026. The penalty was imposed by the Addl. District Magistrate, Almora.The nature of the action taken was the imposition of a penalty amounting to INR 4,00,000/- on the Company. The date of receipt of the direction or order was recorded as April 10, 2026.The reported violation detailed was an alleged contravention of Section 26 and Section 27 of The Food Safety and Standards Act, 2006 (FSSAI Act) and the rules made...

Garodia Chemicals Ltd Confirms Record Date for Share Capital Reduction Garodia Chemicals Ltd has clarified the record date concerning the reduction of its share capital. The company confirmed that the intimation submitted on March 13, 2026, which cited March 25, 2026, as the record date for the public category reduction of share capital, is withdrawn.The clarification noted that the record date fixed for the share capital reconstitution was December 10, 2025, aligning with a notice issued by the BSE to the Company on December 05, 2025.The reconstitution of the share capital involves several key changes as per the Base Resolution Plan:Extinguishment of Promoters' Shares: The equity shares held by the Promoters, equivalent to...

Adani Energy Solutions Reports Provisional Operational Updates for Q4 FY26 Adani Energy Solutions Limited released its Provisional Operational Updates for the fourth quarter of the fiscal year 2026 (Q4 FY26), detailing performance across its transmission, distribution, and smart metering businesses.Q4 FY26 Operational Highlights The company's transmission business reported a system availability that remained robust at 99.77%. In the distribution segment, the Mumbai utility, AEML, saw its distribution loss improve to 4.20% in Q4 FY26, down from 4.31% in Q4 FY25. Furthermore, total units sold in the Mumbai circle increased by 4%, reaching 2,508 Million Units (MUs) in Q4 FY26 compared to 2,413 MUs in Q4 FY25.For the Mundra utility...

LTIMindtree Limited to Change Name to LTM Limited Effective April 17, 2026 LTIMindtree Limited will change its name to LTM Limited, effective from April 17, 2026. This change impacts the company's official listing details on the National Stock Exchange of India Limited.The necessary details regarding the name change are as follows:Sr. No.SymbolExisting Name of the CompanyNew Name of the Company1LTMLTIMindtree LimitedLTM LimitedThe transition of the company name to LTM Limited will be effective from April 17, 2026.LTM Stock Price Movement LTIMindtree Limited shares slipped by 1.68% today, settling at ₹4503.7 in after-hours trading. The equity saw a trading volume of 420,616 shares as investors digested the session's...

EPACK Durable Receives Incentive Disbursement Under PLI Scheme for FY 2024-25 EPACK Durable Limited confirmed the receipt of an incentive disbursement under the Production Linked Incentive (PLI) Scheme for the Financial Year 2024-25. The company received this disbursement following a sanction letter dated March 30, 2026, issued by IFCI Limited, a Government of India undertaking, concerning the PLI Scheme for White Goods for the specified financial year.The incentive amount disbursed to the company under the PLI Scheme totals Rs. 37,50,00,000/- (Rupees Thirty Seven Crores Fifty Lakhs only).The company's details are as follows:Previous Name: EPACK Durable Private Limited Scrip Code: 544095 ISIN: INE0G5901015EPACK Durable Limited...

UCO Bank Directors' Tenure Concludes as Board Composition Changes UCO Bank announced changes in its Board of Directors, noting the conclusion of the tenure for two directors. Shri Ravi Kumar Agrawal and Shri Anjan Talukdar have ceased to serve on the bank's board.The two individuals were initially appointed as Part time Non-Official Directors for a period of one year. Their previous appointments were made via Government of India notifications dated 11.04.2025, referencing sections of the Banking Companies (Acquisition and Transfer of Undertakings) Act,1970.The details surrounding the change in directorship are summarized below:Reason for ChangeDate of CessationCompletion of termClose of business hours of 10th April, 2026...

Airfloa Rail Technology Secures ₹ 1.25 Crores New Order from Rail Coach Factory Airfloa Rail Technology Ltd, which was formerly known as Airflow Equipments India Pvt Ltd, announced on April 10, 2026, that it has secured a new order valued at ₹ 1.25 Crores. The contract was awarded by Rail Coach factory, Kapurthala, 144602.The domestic order pertains to the supply of a Set of Luggage Rack Modules for LHB NON AC & AC CHAIR CAR COACHES. This material is to be supplied as per the list detailed in the purchase order.The total consideration for this new order is ₹ 1.25 Crores. Airfloa Rail Technology Ltd noted that the execution of the order is required within a period of four months.Contract Details Summary The awarded order includes...

Shigan Quantum Technologies Receives Summon in Money Laundering Case Shigan Quantum Technologies Limited confirms receiving a summon addressed to the company and its Managing Director, Mr. Shishir Agrawal. The summons was received on April 10, 2026, from the Special Judge (under the Prevention of Money Laundering Act, 2002)-cum-Sessions Judge in Gurugram.The action stems from a criminal complaint filed by the Assistant Director, Directorate of Enforcement, Gurugram Zonal Office, naming the company and its Director, among other individuals.The nature of the alleged contravention relates to an offence under Section 3 read with Section 70 of the Prevention of Money Laundering Act, 2002.Key details regarding the legal matter are...

Master Components Limited Receives 'No Objection Certificate' from NSE for Amalgamation Scheme Master Components Limited has received the 'No Objection Certificate' (NOC) from the National Stock Exchange of India Limited (NSE) concerning the scheme of amalgamation involving Master Moulds Private Limited with Master Components Limited, and their respective shareholders and creditors.The company confirmed the receipt of this observation letter from the NSE on April 10, 2026. This development relates to the Scheme of Amalgamation of Master Moulds Private Limited, referred to as the Transferor Company, with Master Components Limited, or the Company/Transferee Company, under Sections 230 to 232 and other applicable provisions of the...