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CarTrade Tech Limited Allots 50,000 Equity Shares Under ESOP 2011 CarTrade Tech Limited reported the allotment of 50,000 equity shares under the Employee Stock Option Plan 2011 (ESOP 2011). The allotment was approved by the Board of Directors via a circular resolution on April 09, 2026.The equity shares have a face value of Rs. 10/- (Rupees Ten Only) each and were allotted to eligible employees pursuant to the exercise of vested options under the ESOP 2011.The company's paid-up share capital was updated following this allotment. Prior to the issuance, the paid-up share capital stood at Rs. 47,87,80,350/- (Rupees Forty Seven Crores Eighty Seven Lakhs Eighty Thousand Three Hundred and Fifty only), comprising 4,78,78,035 equity shares...

Purple Finance Ltd Reaches Total Disbursement Milestone Exceeding INR 250 Crores Purple Finance Ltd has announced that its total disbursements have surpassed INR 250 crores. This achievement marks a significant growth milestone for the company, reflecting sustained support and trust.The company remains committed to strengthening its financial offerings and continuing to deliver meaningful financial solutions to its stakeholders.For reference, Purple Finance Ltd's listed scrips include the following:Instrument TypeScrip CodeScrip IDEquity544191PURPLEFINDebt 19774521225PFL28Debt 29777151250PFL31Debt 3977718PFL06426Stock Price Movement Wrapping up on Thursday, Purple Finance Ltd finished the day at ₹58.02, ticking...

Suyog Gurbaxani Funicular Ropeways Receives CARE Ratings for Bank Facilities CARE Ratings Limited has assigned credit ratings to the bank facilities of Suyog Gurbaxani Funicular Ropeways Limited (SGFRL). This rating assignment follows the expiration of the contract with the previous rating agency, CRISIL Ratings.The ratings assigned by CARE Ratings Limited are as follows:Credit Rating AgencyRating TypeRatingRating ActionCARE Ratings LimitedLong Term Bank FacilitiesCARE BBB-; StableAssignedCARE Ratings LimitedLong Term / Short Term Bank FacilitiesCARE BBB-; Stable / CARE A3AssignedThe details of the rated facilities, which cover a total of ₹80.00 crore, are presented below:FacilitiesAmount (₹ crore)RatingRating Action...

Monarch Surveyors to Acquire 100% Stake in Australian Entity GM & FE Ryan Pty Ltd Monarch Surveyors and Engineering Consultants Ltd (formerly Monarch Surveyors & Engineering Consultants Pvt. Ltd.) announced that its Board of Directors gave authority to execute a binding agreement for the acquisition of 100% of the equity share capital of GM & FE Ryan Pty Ltd (ACN 085 586 910), a company incorporated under the laws of Australia.The acquisition is contingent upon the satisfactory completion of due diligence across legal, financial, regulatory (including FIRB), tax, operational, commercial, assets, property, and technical domains, as well as receiving requisite regulatory approvals.Details of the Acquired Entity The target entity is...

SEBI Cancels Wealthmax Solutions' IA Registration Following Non-Compliance with Renewal Mandates The Securities and Exchange Board of India (SEBI) has issued an order cancelling the Investment Adviser (IA) registration of Wealthmax Solutions Investment Advisor (Proprietor: Piyush Jain). The action stems from multiple documented failures to adhere to mandatory regulatory compliances.The order, dated April 09, 2026, cites non-payment of renewal fees, lapsed NISM certifications, and failure to secure mandatory body memberships. This decisive action underscores SEBI's strict oversight of the financial advisory sector.Key Non-Compliances Cited by SEBI The regulatory action was predicated on several lapses by the Noticee. Firstly, the IA...

Asahi Songwon Colors Ltd. Reports CFO Resignation Effective April 9, 2026 Asahi Songwon Colors Ltd announced the resignation of Mr. Pratik Shah from the post of Chief Financial Officer (CFO) of the Company, effective immediately. Mr. Shah tendered his resignation letter on April 9, 2026, citing personal reasons for his departure.The Company stated that there are no material reasons for the resignation other than those mentioned in the resignation letter provided by Mr. Shah. This resignation will be presented before the Board of Directors at the ensuing Board Meeting for noting.The details regarding the change in Key Managerial Personnel have been noted.Key details regarding the change in CFO are presented below:Reason for...

NHPC Ltd Board Meeting to Consider Monetization of Power Stations for FY 2026-27 NHPC Ltd's Board of Directors is scheduled to meet on Tuesday, April 14, 2026. A key item slated for consideration during this board meeting involves the potential monetization of future cash flow, or Return on Equity, from one or more of the company's power stations.The board may consider proposing the monetization of future cash flow (Return on Equity) for a suitable tenure in a single tranche during the financial year 2026-27.The financial details regarding the listed entity are as follows:DetailValueCompany NameNHPC LtdScrip Code (BSE)533098Scrip Code (NSE)NHPCISIN No.INE848E01016This meeting is set to take place on April 14...

Medplus Health Services Subsidiary Faces Drug License Suspension in Telangana Medplus Health Services Limited reported that its subsidiary, Optival Health Solutions Private Limited, received a suspension order concerning a Drug License for a store located in Telangana.The development details the action taken by the Assistant Director, Drugs Control Administration, Mahabubnagar, Telangana. The order suspending the Drug License for two days at the store situated in Jadcherla, Telangana, was received on 08.04.2026.The basis for the action cited was a contravention under Rule 65 of the Drugs and Cosmetics Act, 1940 and the Drugs and Cosmetics Rules, 1945.Medplus Health Services Limited quantified the potential impact of this incident...

Indrayani Biotech Board Approves Demerger Evaluation and Appoints Internal Auditor The Board of Directors of Indrayani Biotech Ltd conducted its meeting on April 9, 2026, deliberating on key corporate restructuring and appointment matters.The Board discussed and passed resolutions regarding the company's food division. It gave its approval to explore and further evaluate a preliminary proposal for the demerger of the food division into a separate entity.To guide this process, the Board approved the constitution of a "Restructuring Committee." This committee is tasked with overseeing the demerger process, making necessary decisions, and initiating required actions. Furthermore, the Committee received authorization to appoint various...

Coastal Corporation Limited Secures Ratings Ratings for Bank Facilities Coastal Corporation Limited (CCL) has received ratings from CARE Ratings Limited regarding its bank facilities. The ratings include new assignments and reaffirmations of previous ratings for both long-term and short-term bank facilities.According to the assessment, the ratings for the company's bank facilities are detailed as follows:Facility TypeRating AssignedRating ActionLong Term Bank FacilitiesCARE BB; StableAssignedLong-term / Short-term bank facilitiesCARE BB; Stable / CARE A4AssignedLong-term / Short-term bank facilitiesCARE BB; Stable / CARE A4Re-affirmedThe company provided specific financial data related to these facilities for April 7...

Laxmi Dental Receives In-Principle Approval for Listing of ESOP Shares Laxmi Dental Ltd, formerly known as Laxmi Dental Export Private Limited, has secured in-principle approval from the National Stock Exchange of India Limited (NSE) for the listing of its equity shares. The approval concerns shares proposed to be issued under the Laxmi Dental Employee Stock Option Scheme 2024.The NSE issued the in-principle approval letter bearing reference number NSE/LIST/52967 dated April 8, 2026. The approval covers a maximum of 500,000 equity shares, each with a face value of Rs. 2/-.Laxmi Dental Ltd intends to issue these shares to its employees through the Employee Stock Option Scheme 2024.The in-principle approval letter received from the...

Saint Gobain Sekurit India and Radiance MH Sunrise Thirteen Private Limited Terminate Agreements Saint Gobain Sekurit India Ltd announced today the termination of agreements previously executed with Radiance MH Sunrise Thirteen Private Limited. The decision to conclude the arrangements was made by mutual consent between both parties.The agreements concerned a Power Purchase Agreement and a Share Subscription Agreement for the purpose of sourcing renewable energy from an Intra-State Transmission System (InSTS) Solar power generation plant.The original agreements were executed on August 6, 2025. Saint Gobain Sekurit India Ltd had previously provided intimations regarding the execution of these agreements on October 28, 2024, May 16...

Goldiam International Opens 24th 'ORIGEM' Retail Store in Faridabad Goldiam International Limited has announced the opening of its 24th retail store for lab-grown diamond jewellery under the brand name 'ORIGEM' in Faridabad. The new outlet is located at SHGF01F, Ground Floor, Mall of Faridabad, NIT Bus Stand, KL Mehta Road, NIT, Faridabad-121001, and opened to the public on April 9, 2026.This expansion marks a continuation of the company's retail growth strategy, strengthening its customer engagement across various key markets.The company previously established retail stores in numerous locations, including:Borivali West Kharghar (Navi Mumbai) Turner Road, Bandra West (Mumbai) Mulund West (Mumbai) Fairmont Hotel (Next to T2...

Hindalco Industries Receives Voluntary ESG Rating of '69' from ESG Risk Assessments and Insights Limited Hindalco Industries Limited received an ESG rating of '69' from ESG Risk Assessments and Insights Limited, a SEBI registered ESG Rating Provider. This rating reflects the company's performance across various Environmental, Social, and Governance ESG parameters, as assessed by the rating agency.The assessment by ESG Risk Assessments and Insights Limited was independently prepared based on information available in the public domain. The company noted that it did not engage the rating agency for this assessment.The details regarding the ESG rating were communicated to the company on April 9, 2026, at 03:56 p.m.HINDALCO Stock Price...

Galaxy Agrico Exports Ltd Board Meeting Approves Key Appointments and Notes Director Resignations On April 9, 2026, the Board of Directors of Galaxy Agrico Exports Ltd held a meeting where several material corporate actions were considered and approved. The meeting commenced at 04:00 P.M. and concluded at 05:30 P.M.Among the key decisions, the Board approved the appointment of Mr. Kalpataru Bhogilal Shah (DIN: 11655140) to serve as an Executive Director and Chief Financial Officer (CFO), pending necessary approvals.The Board also noted and approved the resignations of several directors, effective March 30, 2026. The departing directors include Mr. Nathabhai Jerambhai Sadaria, Mr. Ajay Ramjibhai Patel, Mrs. Mausamiben Pareshbhai...

ICRA Withdraws Credit Rating on Sandur Manganese & Iron Ores Ltd's Non-Convertible Debentures ICRA has withdrawn the credit rating on the Non-Convertible Debentures of Sandur Manganese & Iron Ores Ltd following the early redemption of these instruments.The rating action was reported in a table detailing the instrument and the change in credit assessment.InstrumentRated Amount (in Crore)Rating ActionNon-Convertible Debentures450[ICRA]A+ (Stable); Withdrawn [Updated from 'A+(Stable); assigned']The company confirmed the withdrawal of the rating from ICRA subsequent to the completion of the early redemption of the Non-Convertible Debentures.SANDUMA Stock Price Movement Sandur Manganese & Iron Ores Limited shares today edged...

Emerald Finance Ltd Partners with Ebix Corporate Services for Salary Advance Program Emerald Finance Ltd has entered into a partnership with Ebix Corporate Services Pvt Ltd, Delhi. The collaboration aims to offer the company's Early-Wage-Access program to the employees of the partnering organization.This new venture is designed to provide instant financial relief to employees by enabling them to access portions of their salaries seamlessly throughout the month. The company has been developing a salary advance solution as part of its vision to expand its offerings and serve retail customers more broadly.The product involves tying up with employers to facilitate short term loans provided as salary advances. These advances are...

Tarsons Products Ltd Completes Equity Investment in Singapore Subsidiary Tarsons Products Ltd has completed an equity investment of EUR 300,000 in its wholly-owned subsidiary, Tarsons Life Science Pte. Ltd., incorporated in Singapore. This transaction is in continuation of an earlier intimation regarding a planned equity infusion of EUR 3,000,000 in the subsidiary.The Company subscribed to 100 equity shares during this investment, with a nominal value of EUR 3,000 per share. The funds raised through this investment are designated for quarterly repayment of the loan taken from the Bank in Singapore, interest payable thereon, and for general corporate purposes, as well as other operational and financial expenses.Details concerning the...

Lancer Container Lines Receives BSE Listing Approval for Preferential Issue Lancer Container Lines Ltd secured listing approval from the BSE for a tranche of its equity shares issued on a preferential basis. The approval, noted on April 9, 2026, pertains to 10,28,69,409 equity shares.BSE Limited granted the listing approval vide letter reference no. LOD/PREF/DA/FIP/47/2026-27 dated April 9, 2026. The shares have a face value of Rs. 5/- each and were issued at a premium of Rs. 14.77/- per equity share to non-promoters.The company, Lancer Container Lines Limited, has scrip code 539841.The details of the shares approved for listing are summarized below:ParameterDetailNumber of Shares10,28,69,409Face Value Per ShareRs. 5/-...

Rajputana Stainless Limited Announces Unaudited Financial Results for Nine Months Ended December 31, 2025 Rajputana Stainless Limited's Board of Directors on April 9, 2026, approved the Unaudited Financial Results for the company for the quarter and nine months period ending December 31, 2025. The results were presented alongside the Limited Review Report issued by the statutory auditors.The company's financial performance for the nine months ended December 31, 2025, showed Total Income (I) of 75,389.38 lakhs of Indian Rupees. This represents a comparative figure to the nine months ended December 31, 2024, where the Total Income was 68,801.25 lakhs of Indian Rupees.The financial statement summary for key metrics for the nine-month...