Markets

Poonawalla Fincorp to Launch Qualified Institutions Placement; Floor Price Set at ₹390.26 Poonawalla Fincorp Limited announced key outcomes following the meeting of its Committee of Directors concerning a Qualified Institutions Placement of fully paidup equity shares. The company confirmed that resolutions were passed to authorize the opening of the Issue on April 9, 2026.The Committee of Directors meeting, which took place on April 9, 2026, approved and adopted the preliminary placement document dated April 9, 2026, along with the format of the application form for the Issue.The company also established the floor price for the Issue at ₹390.26 per Equity Share, based on the pricing formula prescribed under the SEBI ICDR...

Cummins India Board Meeting Scheduled for May 27, 2026; Dividend Consideration Also Set Cummins India Ltd announced that its Board of Directors meeting is scheduled for Wednesday, May 27, 2026. The meeting has multiple key agendas set for consideration.The board meeting is slated to address several critical corporate matters. Foremost among these is the consideration and approval of the audited Financial Results of the Company, covering both the Standalone and Consolidated accounts for the quarter and the full financial year ended March 31, 2026.Additionally, the board is set to consider a recommendation regarding the Final Dividend on equity shares of the Company for the Financial Year 2025-26, should any such dividend be...

Canara Bank Releases Half Yearly Statement of Debt Securities as of March 31, 2026 Canara Bank has released the Half Yearly Statement of Debt Securities detailing bonds issued by the bank and outstanding as of March 31, 2026.The statement provides a comprehensive overview of the bank's debt instruments, detailing various aspects including coupon rates, maturity dates, and credit ratings.The outstanding bond details for Canara Bank as of March 31, 2026, are summarized below:S.No.Name of the IssuerISIN No.Issuance DateMaturity Date/Option DateCoupon RatePayment FrequencyEmbedded OptionAmount Issued (in crores)Amount Outstanding (in crores)Credit Rating as on 31.03.2026...

Desh Rakshak Aushdhaya Limited Board Meeting Scheduled for April 15, 2026 Desh Rakshak Aushdhaya Limited, a manufacturer of Ayurvedic and Herbal Products, has scheduled its Board of Directors meeting for Wednesday, April 15, 2026, at 11:00 A.M. The meeting is set to take place at Bhagwant Kuti, Kankhal, Haridwar, Uttarakhand-249408, India.The company plans to discuss and consider several key business points during the session. The agenda items include:Granting leave of Absence, ascertain Quorum, and taking a roll call if necessary. Taking note of the minutes from the previous Board of Directors meeting. Noting the Disclosure of Interest by Directors under Section 184 of the Companies Act, 2013. Noting the Declaration of...

Rajputana Stainless Limited Approves Unaudited Financial Results for Q3 and Nine Months Ended December 31, 2025 Rajputana Stainless Limited announced the approval of its Unaudited Financial Results for the third quarter and the cumulative nine-month period ending December 31, 2025. The Board of Directors considered and approved these results during its meeting held on April 9, 2026. The company also took note of the Limited Review Report issued by the Statutory Auditors.The company's Statement of Unaudited Financial Results is presented below. All figures are reported in lakhs of Indian Rupees, unless otherwise specified.Particulars31-12-2025 UnauditedQuarter Ended 30-09-202531-12-2024Nine months endedNine months endedYear ended...

Sheetal Universal Limited Discloses Ultimate Beneficial Owners of Proposed Allottee Sheetal Universal Limited disclosed that Mr. Amul Mahendra Shah and Ms. Bharti Amul Shah have been identified as the Ultimate Beneficial Owners (UBO) of M/s. Abundantia Capital VCC - Abundantia Capital III. This information relates to the proposed issuance of securities on a preferential basis to the entity, which was the subject of an Extra-Ordinary General Meeting (EGM) held on February 9, 2026.The disclosure followed a query raised by the National Stock Exchange of India Limited (NSE) regarding the Ultimate Beneficial Owners of the proposed allottee. The UBOs are identified as the persons holding the position of senior managing officials as per...

Nanavati Ventures Ltd Announces Director Appointment and Resignation Nanavati Ventures Ltd announced material changes to its board composition following a Board of Directors meeting held on April 9, 2026. The board meeting, which convened from 06:15 pm and concluded at 06:45 pm, considered and approved the changes based on the recommendation of the Nomination & Remuneration Committee.The company confirmed the appointment of Mr. Ankitkumar Kiritkumar Shah as an Additional Director with effect from April 9, 2026.Director Changes Details The appointment details for Mr. Ankitkumar Kiritkumar Shah are as follows:Change TypeDetailsAdditional Director AppointedMr. Ankitkumar Kiritkumar Shah (DIN: 11638040)Date of AppointmentApril...

Shri Techtex Limited Sells Property in Gujarat to Aurum Nets Private Limited Shri Techtex Limited confirmed the sale of a property located in Gujarat. The sale deed for the property was executed on April 08, 2026, with the consideration amounting to Rs. 6.25 Crores.The immovable property sold is situated at Survey No. 165/1 & 166/1, Simej Rupgadh Road, Post - Simej, Taluka Dholka, District - Ahmedabad - 382265, Gujarat, India. The transaction was conducted with Aurum Nets Private Limited.Details regarding the disposal of the property are summarized below:ParticularsDetailsSellerShri Techtex LimitedBuyerAurum Nets Private LimitedConsideration ReceivedRs. 6,25,00,000 (Six Crore Twenty-Five Lakh Only)Property...

RNFI Services Limited to Become Business Correspondent for Axis Bank RNFI Services Limited has been accepted by Axis Bank Limited to function as a Business Correspondent (BC) Service Provider. Under this agreement, the company will operate as an agent for the bank to extend necessary banking services into underbanked areas.RNFI Stock Price Movement Shares of RNFI Services Limited today slipped by 0.59% to settle at ₹294.35. The equity recorded 14,400 shares traded during the session, marking its movement for the day.Source:

TCS Renews Strategic Technology Partnership with Marks and Spencer Tata Consultancy Services (TCS) has announced the renewal of its major, multi year strategic technology partnership with Marks and Spencer (M&S). This continuing engagement builds upon the relationship between the two organizations, which spans more than a decade.The renewed partnership positions TCS to continue supporting M&S as the retailer progresses with its technology transformation journey, aiming to become an omnichannel, data driven retailer supported by modern, globally best-in-class technologies.TCS's support during this transformation will involve leveraging Artificial Intelligence (AI) and utilizing the firm's extensive domain expertise and one of the...

Gland Pharma Announces Re-appointment of Independent Director Naina Lal Kidwai Gland Pharma Limited confirmed the approval of the re-appointment of Ms. Naina Lal Kidwai as an Independent Director of the Company. The Board of Directors held a meeting on Thursday, April 09, 2026, to consider and approve this re-appointment.Ms. Kidwai, bearing DIN: 00017806, has been re-appointed for a second term spanning five consecutive years, effective from May 17, 2026, until May 16, 2031. This follows her initial appointment as an Independent Director for a five-year term from May 17, 2021, to May 16, 2026, as per Section 149 of the Companies Act, 2013.The re-appointment is subject to the approval of the members, which the Company plans to obtain...

Firstsource Solutions Earns 'A' Rating in CDP Supplier Assessment; Secures 'B' in Climate and Water Security Disclosures for FY25 Mumbai, India | April 09, 2026: Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company, has achieved an 'A' rating in CDP's Supplier Engagement Assessment (SEA) and secured a 'B' rating in CDP Climate Disclosure and Water Security Disclosure for Fiscal Year 2025 (FY25). These recognitions highlight the company's advancements in environmental performance and supplier engagement initiatives.The 'A' rating in the Supplier Engagement Assessment positions Firstsource among leading global organizations that actively engage suppliers on key climate-related priorities. These areas include governance...

Poddar Housing and Development Limited Board Meeting Details Released The Board of Directors of Poddar Housing and Development Limited, in a meeting conducted on Thursday, April 9, 2026, discussed several key operational aspects of the company.The meeting covered details regarding the ongoing projects undertaken by Poddar Housing and Development Limited and provided an update on the current business position of the Company, as presented by the Managing Director.Additionally, the Board considered and addressed the re-appointment of Mr. Uma Shanker Sharda as an Independent Director for a second term, which commences from April 12, 2026.The Board meeting was held via video conferencing, commencing at 07:00 pm and concluding at 07:15...

JSW Steel Reports Combined Crude Steel Production of 30.14 Million Tonnes for FY26, Showing 8% YoY Growth JSW Steel has reported the combined Crude Steel production for the financial year 2026 (FY26) at 30.14 million tonnes, marking an 8% growth year over year (YoY).The company noted operational milestones during the period, including the Salem unit upgrading one of its casters in January 2026, followed by the commissioning of a new Ladle Furnace and Vacuum Degasser in February 2026. Following the successful integration of these units by the end of February 2026, the capacity of the Salem unit increased from 1.0 MTPA to 1.15 MTPA, effective March 2026.However, the Blast Furnace-3 (BF-3) at Vijayanagar underwent a shutdown for...

Arunaya Organics Appoints Ms. Vinita Thadani as Company Secretary and Compliance Officer Arunaya Organics Limited announced the appointment of Ms. Vinita Thadani as the Company Secretary and Compliance Officer, effective April 9, 2026. The company's Board of Directors held a meeting on Thursday, April 9, 2026, at the Registered Office to approve this key appointment.During the Board meeting, the directors considered and approved the appointment of Ms. Thadani (ACS: 71088). The details regarding this change in key managerial personnel were documented following the Board's recommendation on the grounds of appointment.The appointment details are summarized below:Sr. No.DetailInformation1Reason for changeThe Board, on the...

ABS Marine Services Takes Delivery of Offshore Multi-Purpose Supply Vessel ABS Marine Services Limited announced on April 9, 2026, that it has taken delivery of an Offshore Multi-Purpose Supply Vessel (MPSV) from the International Market.The Company had executed a contract for the purchase of the vessel during the first quarter of the fiscal year 2026-27.ABSMARINE Stock Price Movement ABS Marine Services Limited shares today slipped by 7.28% to settle at ₹192. Trading saw 81,000 shares transacted, contributing to the day's move.Source:

VA Tech Wabag Executes Shareholders Agreement for Ghaziabad Bioenergy Project VA Tech Wabag Limited announced the execution of a Shareholders Agreement concerning its venture into the Compressed Bio-Gas (CBG) project at Dundaheda, Ghaziabad, Uttar Pradesh. The agreement was executed on April 09, 2026.The Shareholders Agreement (SHA) was entered into among VA Tech Wabag Limited (WABAG), PEAK Sustainability Venture Fund I, PEAK Sustainability Partners LLP (collectively referred to as 'JV partners' or 'PEAK'), and GHAZIABAD BIOENERGY PRIVATE LIMITED (SPV). This follows an earlier intimation on February 16, 2026, regarding the incorporation of the SPV for the Build-Operate-Transfer (BOT) basis CBG project.Key Details of the Shareholders...

Laurus Labs Ltd Board Meeting Scheduled for April 30, 2026 Laurus Labs Ltd has scheduled a meeting of its Board of Directors for Thursday, April 30, 2026.At this board meeting, the company plans to consider and approve several key items. Chief among the agenda points is the consideration and approval of the audited financial results of the Company for the quarter and year ended March 31, 2026.Additionally, the board is scheduled to consider the proposal for the payment of the 2nd Interim Dividend for the Financial Year 2025-26. If approved, the meeting will also determine the record date to ascertain the eligibility of the shareholders for the dividend.The company also confirmed that the trading window for Directors and Designated...

Fredun Pharmaceuticals Allots 40,000 Equity Shares to Promoter Upon Warrant Conversion Fredun Pharmaceuticals Ltd has allotted 40,000 Equity Shares to a Promoter following the conversion of convertible warrants. The allotment was formalized by the Board of Directors during a meeting held on April 09, 2026.The transaction followed the approval of Shareholders in an Extra-Ordinary General Meeting on October 22, 2025, where convertible warrants were allotted on a preferential basis to Promoters on December 29, 2025. The warrant holders have since paid the balance consideration, totaling Rs. 3,75,00,000/-, and exercised their right to convert 40,000 warrants into an equivalent number of Equity Shares.The Board of Directors meeting on...

Tata Steel Completes Acquisition, Achieving 100% Stake in Tata Steel Colors Private Limited Tata Steel Limited successfully completed the acquisition of the remaining equity stake in Tata Steel Colors Private Limited (TSCPL), a subsidiary company, on April 9, 2026. This transaction finalized the Company's complete ownership, making TSCPL an indirect wholly owned subsidiary.On this date, Tata Steel Limited acquired 10,000 equity shares, representing a 0.01% shareholding. The face value of these shares was ₹10/- each, and the total consideration paid for the acquisition was ₹0.03 crore.The seller of these shares was BlueScope Steel Asia Holdings Pty Ltd. The purchase was executed in accordance with the terms and conditions outlined in...