Markets

ABD Maestro Expands Premium Gin Line with Launch of ZOYA PINK Mix Berries Gin ABD Maestro Pvt. Ltd., the super-premium and luxury spirits subsidiary of Allied Blenders & Distillers (ABD), has launched ZOYA Pink Mix Berries Gin. This new addition is described as a small batchled extension to the established ZOYA portfolio.The release of ZOYA PINK coincides with a period of strong momentum in India's premium spirits sector, driven by consumers embracing experimentation with cocktails and craft-led offerings. Consumer demand in India is increasingly favoring flavor-forward profiles, visual appeal, and elevated drinking experiences, positioning the market as a leading global destination for spirits.ZOYA Pink Mix Berries Gin artfully...

RDB Infrastructure And Power Ltd Announces CFO Resignation RDB Infrastructure And Power Ltd, formerly known as RDB Realty & Infrastructure Limited, announced that Mr. Aman Sisodia has resigned from his position as Chief Financial Officer (CFO) of the Company. The resignation is effective from the closure of business hours on April 8, 2026.The resignation from the CFO role was tendered by Mr. Aman Sisodia, who was serving in the capacity as Company Secretary and Compliance Officer, alongside the interim CFO role.The details surrounding the change in the CFO position are summarized below:DetailInformationReason for ChangeResignation of Mr. Aman Sisodia from the position of Chief Financial Officer (CFO) due to pre occupation...

Lupin Ltd Grants Stock Options to Employees Lupin Ltd announced that its Nomination and Remuneration Committee approved the granting of stock options to its employees on April 9, 2026. The options are associated with the Lupin Employees Stock Option Plan 2011.The company granted a total of 6,495 stock options to employees. Each option carries an exercise price of ₹ 2.00.The details of the option grant are presented below:Sr. No.Name of PlanNo. of Options1Lupin Employees Stock Option Plan 20116,495Total6,495Upon vesting, one stock option grants the grantee the right to subscribe to one equity share of the Company at a value of ₹ 2.00 each. The vesting schedule for these stock options is structured as 25%:25%:25%:25%...

Anant Raj Limited Enters Supplementary Agreement with Destination Properties Private Limited Anant Raj Limited has finalized a Supplementary Agreement modifying the terms of an existing collaboration arrangement with Destination Properties Private Limited. This agreement pertains to the development of a residential group housing project located in Gurugram, Haryana.The supplementary agreement modifies the initial collaboration arrangement that was dated November 26, 2021.The project is slated for development as a Group Housing Project over an aggregated land parcel measuring approximately 5.0875 acres. Of this total area, Destination Properties Private Limited is contributing 2.25 acres.Key provisions outlined in the new agreement...

Steel Exchange India Reports ₹ 28 Crore Debt Repayment Over Two Quarters Steel Exchange India Limited, a prominent integrated steel manufacturer in South India and provider of TMT rebars under the 'SIMHADRI TMT' brand, has announced a significant reduction in its debt obligations. The company successfully repaid approximately ₹ 28 Crores over the last two quarters.The firm had previously availed credit facilities, encompassing term loans and Non-Convertible Debentures (NCDs), in September 2025 to facilitate its operational and expansion initiatives. The repayment underscores the company's focus on strengthening its balance sheet and maintaining financial discipline.During the period spanning October 2025 to March 2026, the repayment...

Honasa Consumer Limited Provides Quarterly Operating Update for Q4 FY26 Honasa Consumer Limited released its operating performance update for the quarter ended March 31, 2026. The company anticipates a strong performance for Q4 FY26.The operational update suggests that the business is expected to deliver growth in the late twenties during Q4 FY26, propelled by robust expansion across key focus categories. On a reported basis, after adjusting for changes in revenue recognition policy by the Flipkart group, the company anticipates delivering growth in the early twenties for Q4 FY26.Brand and Channel Growth Drivers The performance outlook highlights several key segments expected to drive growth. Mamaearth, the largest brand, is...

HBL Engineering Secures Order From Patiala Loco Works for KAVACH Equipment HBL Engineering Limited has secured an order from Patiala Loco Works (PLW), Punjab, for the supply, testing, and commissioning of On-board KAVACH equipment (Ver.4.0). The total value of this contract is reported to be Rs.83.81 Crores, inclusive of 18% GST.The contract details indicate that the awarded order is domestic in nature. The scope of work involves the supply, testing, and commissioning of the specific KAVACH equipment version.A review of the contract terms and timelines shows that the work is scheduled for completion on or before April 15, 2027.The transaction details regarding this significant order are outlined below:ParticularsDetails...

Glenmark Receives U.S. FDA Approval for Progesterone Vaginal Inserts, 100 mg Glenmark Pharmaceuticals Limited has secured final approval from the United States Food & Drug Administration (U.S. FDA) for Progesterone Vaginal Inserts, 100 mg. The FDA determined that the product is bioequivalent and therapeutically equivalent to the reference listed drug (RLD), Endometrin® Vaginal Inserts, 100 mg, manufactured by Ferring Pharmaceuticals Inc. (NDA 022057). Glenmark's Progesterone Vaginal Inserts, 100 mg will be distributed in the U.S. by Glenmark Pharmaceuticals Inc., USA.Marc Kikuchi, President & Business Head, North America, commented on the launch, stating that the approval for Progesterone Vaginal Inserts, 100 mg, marks an important...

Embassy Developments Reports Strong Q4 Pre-Sales, Totaling INR 4,631 Crore for FY26 Embassy Developments Ltd has reported key operational updates for the quarter ended March 31, 2026 (Q4 FY26), detailing robust performance in pre-sales and significant collections across its projects.For the full fiscal year 2026 (FY26), the company recorded total pre-sales amounting to INR 4,631 crore. This figure represents a 128% year-on-year growth, though it achieved 93% of the Company's guidance of INR 5,000 crore, citing approval delays for a project launch in Bengaluru as the reason for the shortfall.Quarterly performance showed that pre-sales for Q4 FY26 reached approximately INR 2,632 crore, marking the highest quarterly booking performance...

Antony Waste Secures Japanese FDI of ~¥750 Million for Waste-to-Energy Projects in Andhra Pradesh Antony Waste Handling Cell Limited announced a strategic partnership with Japan-based JFE Engineering Corporation for the development of two Waste-to-Energy (WTE) plants in Andhra Pradesh. This investment signifies the first Japanese foreign direct investment (FDI) into India's Waste-to-Energy (WTE) sector and marks JFE Engineering Corporation's entry into India's waste management market.As part of the agreement, JFE Engineering will invest approximately ¥750 million. This capital will be used to acquire a 25% equity stake in Antony Waste's two Waste-to-Energy special purpose vehicles (SPVs), with Antony Waste retaining the remaining 75%...

Premier Energies Secures ₹2,577 Crore Orders in Q4 FY26 for Solar Components Premier Energies Limited has secured orders totaling ₹2,577 crore in the fourth quarter of fiscal year 2026 (Q4 FY26). These orders pertain to the supply of 1,600 MW of solar cells and modules, with execution scheduled across the fiscal years 2027 and 2028.The contracts were sourced from a combination of major domestic Independent Power Producers (IPPs), module manufacturers, and EPC contractors operating within India. This influx of business indicates continued confidence in the company's integrated manufacturing platform and execution capabilities.The increased order book highlights the company's expanding scale. Premier Energies expects its cell capacity...

Sri Lotus Developers Launches 'Luxury Coastline Collection' Brand Campaign Across Mumbai's Coastline Sri Lotus Developers and Realty Limited has announced the launch of its inaugural brand campaign, titled 'Luxury Coastline Collection.' This initiative signals a strategic expansion for the developer beyond its established presence in Juhu and Andheri West, targeting Mumbai's most prestigious coastal micro-markets.The first-of-its-kind venture in India features 11 planned projects situated across several sought-after coastal locations, including Versova, Juhu, Carter Road, Bandstand, Prabhadevi, and Nepean Sea Road. The entire portfolio is slated for completion within the next four years.The collection aims to move beyond standalone...

Enser Communications Limited Addresses Price Movement Query Enser Communications Limited, formerly known as Enser Communications Private Limited, issued a statement on April 8, 2026, regarding a clarification sought by the National Stock Exchange of India Limited concerning price movement.In the statement, the Company asserted that it has consistently made all required disclosures in a timely and accurate manner. The communication affirmed adherence to the principles governing disclosures and obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Enser Communications Limited confirmed that it has not withheld any material information or event that, in the Company's view, could...

Kronox Lab Sciences Limited Addresses Share Price Movement Kronox Lab Sciences Limited issued a statement regarding the movement in the price of its shares, stating that the company has consistently disclosed all material information affecting its operations and performance to the stock exchange.The company asserted that it always discloses all price sensitive information and other necessary details in adherence to the stipulated guidelines for listing requirements.In the statement, Kronox Lab Sciences Limited noted that it is not aware of the reason for the significant movement in the share price. The company attributed the fluctuation in the share price purely to market-driven forces, clarifying that the company's management is in...

Vardhman Polytex Successfully Settles Outstanding Dues with Phoenix ARC Vardhman Polytex Limited, an Oswal Group Company, has reported the full settlement and repayment of all outstanding dues owed to Phoenix ARC Private Limited. The company confirmed that this repayment was executed using the proceeds generated from Non-Convertible Debentures (NCDs) issued by Vardhman Polytex Limited.This payment resolves a previous default that was being reported to the Stock Exchanges on a quarterly basis, thereby curing and resolving the earlier default status.The settlement triggers a write back of approximately Rs. 300 Crore pertaining to previous debt settlement liabilities.VARDMNPOLY Stock Price Movement On Wednesday, Vardhman Polytex...

Euro Pratik Sales Limited Acquires Majority Stake in Elements Trading Co (LLC) Euro Pratik Sales Limited, formerly known as Euro Pratik Sales Pvt. Ltd., has acquired a majority stake in Elements Trading Co (LLC) through its wholly owned subsidiary, EURO PRATIK TRADE - FZCO. The acquisition establishes Elements Trading Co (LLC) as a stepdown subsidiary of the Company.EURO PRATIK TRADE - FZCO acquired a 51% shareholding in Elements Trading Co (LLC) for a consideration of AED 51,000/-. The object of this acquisition is to gain market reach in Dubai.The details pertaining to the acquired entity and the transaction are summarized below.ParticularsDetailsTarget Entity NameElements Trading Co. (LLC)Incorporation Date18 th...

RITES Limited Announces Changes in Senior Management RITES Limited announced updates regarding its senior management structure, detailing transfers and an inclusion of a veteran infrastructure strategist, effective April 8, 2026.The company confirmed that Mrs. Shobhana Palli, who previously served as GGM/Civil & Regional Head-SRPO (part of the Senior Management), has been transferred. She has taken over the charge as Vertical Head/RI & Metro (part of the Senior Management) at the RI Vertical in Gurgaon (Shikhar), effective April 8, 2026.Additionally, Colonel Mahesh Narayan, GGM/Civil, has been transferred from the RI Vertical, Gurgaon, to the SRPO/Bangalore. With this posting, he has taken over the role of Regional Head, Southern...

Saatvik Green Energy Limited Reports Resignation of CFO Saatvik Green Energy Limited announced the resignation of Mr. Abani Kant Jha from the role of Chief Financial Officer (Key Managerial Personnel). The resignation is effective from April 07, 2026.The Company confirmed the change in Key Managerial Personnel. Mr. Abani Kant Jha tendered his resignation from the position of Group Chief Financial Officer of Saatvik Green Energy Limited, with the cessation effective from April 07, 2026.Details regarding the change in leadership are summarized below:S. No.ParticularsDetails1Reason for change viz. resignation, appointment, re-appointment, removal, death or otherwiseResignation of Mr. Abani Kant Jha as Chief Financial Officer, a...

Sansera Engineering Limited Announces Change in Designation for Senior Manager Sansera Engineering Limited confirmed a change in the designation of senior management personnel, effective April 08, 2026. The Board of Directors approved changing Mr. Rahul Kale's designation from Chief Operating Officer (COO) to Chief Executive Officer-Automotive. This change followed a recommendation from the Company's Nomination and Remuneration Committee. Despite the title change, Mr. Kale will continue to report to Mr. B R Preetham, Executive Director & Group CEO of the Company.The details of the appointment and designation change are summarized below:S. No.ParticularsDetails1Name & Designation of Senior Managerial PersonnelName: Mr. Rahul...

Varvee Global Ltd Addresses Share Price Movement Following Exchange Queries Varvee Global Ltd clarified its position regarding recent fluctuations in its share price following requests for information from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).The company stated that it has already intimated to the exchanges all necessary events and information, including all price sensitive information, as mandated under the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Varvee Global Ltd asserted that it has not withheld any information or impending announcement that it believes would impact the price or volume behavior of its scrip.In its...