Markets

CARE Reaffirms Credit Rating for Madhya Bharat Power Corporation Ltd. Subsidiary Sarda Energy & Minerals Limited announced on 8th April 2026 that CARE has reaffirmed the credit rating for the company's subsidiary, Madhya Bharat Power Corporation Ltd.The rating update pertains to the subsidiary's long term bank facilities. The details of the facility, existing rating, and reaffirmed rating are presented below:FacilityAmountExisting RatingReaffirmed RatingLong Term bank facilities₹ 780.76 croreCARE A; Stable (Single A; Outlook: Stable)CARE A; Stable (Single A; Outlook: Stable)SARDAEN Stock Price Movement Today, Sarda Energy & Minerals Limited shares climbed 2.73% to settle at ₹541.55, marking a gain of ₹14.40. The stock saw...

PAE Ltd Reschedules Board Meeting to April 16, 2026 PAE Ltd has announced a revision to its Board of Directors meeting date. The meeting, originally scheduled for Thursday, April 9, 2026, has been rescheduled.The board meeting scheduled for April 16, 2026, is set to address several key corporate matters. These agenda points include consideration and approval of the Standalone Audited Financial Results for the fourth quarter and the year ended March 31, 2026, along with the accompanying Audit Report.Furthermore, the board is slated to consider and recommend the final dividend for the financial year ended March 31, 2026. A significant item on the agenda is the consideration of a proposal for the issue of bonus shares to the company's...

Amir Chand Jagdish Kumar (Exports) Limited to Establish Subsidiary in Singapore Amir Chand Jagdish Kumar (Exports) Limited discussed plans to establish a subsidiary in Singapore during a Board Meeting held on April 08, 2026. The proposed Singapore subsidiary is intended to function as a strategic hub aimed at expanding the Company's specialty rice portfolio and enhancing its international trade operations.During the Board Meeting on April 08, 2026, the Board also authorized Mr. Rahul Suri to pursue the establishment of the subsidiaries.Amir Chand Jagdish Kumar (Exports) Limited operates as an ISO 22000: 2018 Certified Organization, Super Star Trading House, and Rice Millers & Exporters.AMIRCHAND Stock Price Movement Shares of Amir...

Ministry of Railways Assigns Additional Director Finance Charge to CONCOR Official Container Corporation of India Limited (CONCOR), described as a Multi-modal Logistics Company and an A N avrata CPSE of the Government of India, has seen an administrative change concerning its directorship. The Ministry of Railways (MOR) communicated a decision regarding the post of Director (Finance).According to the order number 2017 /E(O)II/ 40/31, issued on 08.04.2026, the Ministry communicated that pending approval from the Competent Authority, the additional charge of Director (Finance) for Container Corporation of India Ltd. (CONCOR) is to be entrusted to Ms. Pallavi Joshi, IRAS, EDF/C&PPP, Railway Board.This additional responsibility will be...

Vikran Engineering Limited Receives Credit Rating from India Ratings Vikran Engineering Limited received a credit rating from India Ratings and Research Private Limited on April 7, 2026. The rating pertains to the company's Proposed non-convertible debentures.In a notice dated April 8, 2026, the company announced the credit rating assignment. According to the data provided, India Ratings and Research Private Limited assigned a rating of IND A-/Negative to the proposed non-convertible debentures amounting to INR 500 Crore.The rating details are summarized in the table below:Credit Rating AgencyType of credit ratingAmount (Rs. Crore)Assigned RatingIndia Ratings and Research Private LimitedProposed non-convertible debenturesINR...

Wipro Limited to Announce Fourth Quarter Results on April 16, 2026 Wipro Limited, an AI-powered technology services and consulting company, has announced that it will reveal its results for the fourth quarter ended March 31, 2026. The results are scheduled for release on Thursday, April 16, 2026, after the conclusion of stock market trading hours in India.The company, which is listed on the NYSE (NYSE: WIT), BSE (BSE: 507685), and NSE (NSE: WIPRO), confirmed the announcement date in its recent advisory.Following the release of the financial results, the senior management team will host a conference call to discuss the company's performance for the quarter. This session is scheduled for 7:00 PM IST, which corresponds to 9:30 AM US...

Bosch Ltd to Host Investor Conference Call on April 13, 2026 Bosch Ltd has scheduled an interaction for analysts, institutional investors, and the general public, set to take place on Monday, April 13, 2026. The conference call is scheduled for 11:30 hrs IST.The company announced the session details which include management representatives from Bosch Ltd. The panel will comprise Managing Director and Chief Technology Officer, Mr. Guruprasad Mudlapur, and Chief Financial Officer, Ms. Karin Gilges.Investors and analysts are invited to the conference call, which has been organized by B&K Securities. The event is slated for Monday, April 13, 2026, at 11:30 Hrs IST.For participation, the following dial-in numbers are provided...

CEA Uprates Dadri Thermal Power Station Capacity for NTPC Ltd The Central Electricity Authority (CEA) has uprated the capacity of two units, Unit no. 5 and Unit no. 6, at the Dadri Thermal Power Station. Effective from April 7, 2026, the capacity of these two units has been increased from 490 MW each to 500 MW each.With this uprating, the total installed capacity of the NTPC group now stands at 89,128 MW, and the commercial capacity is recorded at 88,048 MW.The news details the capacity enhancement at the Dadri Thermal Power Station. For reference, the updated capacity figures are as follows:UnitPrevious CapacityNew CapacityUnit no. 5490 MW500 MWUnit no. 6490 MW500 MWNTPC Stock Price Movement NTPC Limited shares...

SEBI Unveils Landmark 'Lock-in' Mechanism to Bolster Investor Confidence in Securities Market SEBI Amends ICDR Regulations to Streamline Pledged Shares Process The Securities and Exchange Board of India (SEBI) has released a significant circular aimed at simplifying the mechanism for locking in pledged shares. This development directly addresses investor concerns regarding the fluidity and control over pledged securities.The regulatory move follows an amendment to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, effective from March 21, 2026. This update fundamentally alters how certain securities can be treated regarding lock-in requirements.Under the amended ICDR Regulations, specified securities—on which...

Affle 3I Ltd Participates in Investor Meeting with Arika Capital Affle 3I Ltd confirmed participation in an analyst and investor meeting held on April 08, 2026. The company held a one-on-one call with Arika Capital on this date. During the interaction, the company stated that no unpublished price sensitive information was shared.AFFLE Stock Price Movement Today, Affle 3i Limited shares rallied, closing at ₹1414.8 after gaining ₹12.60, or 0.90%. Trading volume for the session reached 237,019 shares, underpinning the day's positive close.Source:

Abans Financial Services Allots 1,34,000 Shares Under ESOP Scheme 2023 Abans Financial Services Ltd allotted 1,34,000 Equity Shares of Rs.2 each on April 08, 2026. The allotment occurred under the Abans Financial Services Limited (Formerly known as Abans Holdings Limited) - ESOP Scheme 2023, approved by the Company's ESOP Allotment Committee. These newly allotted equity shares will rank pari-passu with the company's existing equity shares in all respects.Following this allotment, the paid-up equity share capital of the Company saw an increase. The total issued, subscribed and paid-up equity share capital now stands at Rs.10,15,85,680/- (Rupees Ten Crore Fifteen Lakh Eighty-Five Thousand Six Hundred Eighty Only).The company's equity...

Aeroflex Enterprises Subsidiary Faces Demand Order from Central GST Commissionerate Aeroflex Enterprises Limited reported an order received by its subsidiary, Aeroflex Industries Limited (AIL), from the Office of the Superintendent, Central GST Commissionerate, Raigad. The matter concerns the input tax credit pertaining to expenses incurred during the Initial Public Offering (IPO) and related matters for the tax period spanning from April 2021 to March 2024.The order was issued under Section 74 of the CGST Act 2017 and rules made thereunder. According to details provided by AIL, the authority raised a demand amounting to Rs. 3,59,70,285/- plus a penalty of Rs. 3,59,70,285/-, resulting in a total amount of Rs. 7,19,40,570/-.The order...

Xchanging Solutions Ltd Faces ITAT Order Regarding Transfer Pricing Adjustment The Income Tax Appellate Tribunal (ITAT), Bangalore, issued an order on April 06, 2026, partly allowing an appeal filed by Xchanging Solutions Ltd concerning Assessment Year 2011-12. This development relates to ongoing litigation concerning transfer pricing adjustments.The Tribunal directed the assessing officer to recompute the transfer pricing adjustment. This recomputation is to be made against the earlier assessed amount of ₹ 4,52,14,43, after the learned officer excludes certain comparable companies while determining the arm's length price.The company stated that there is no material impact on its financial standing, nor any impact on its operations...

NHPC to Construct 1720 MW Kamala Hydro Electric Project in Arunachal Pradesh The Cabinet Committee on Economic Affairs (CCEA) has approved an investment of ₹26,069.50 Crore for the construction of the 1720 MW Kamala Hydro Electric Project (HEP) located in Kamle, Kra Daadi, and Kurung Kumey Districts of Arunachal Pradesh. The projected completion timeline for the entire project is 96 months.The installed capacity of the Kamala HEP is set at 1720 MW, comprising 8 x 210 MW units and 1 x 40 MW unit. This facility is anticipated to generate 6870 MUs of energy annually.The implementation of the project will be managed through a Joint Venture Company involving NHPC Limited and the Govt. of Arunachal Pradesh.Financial support for the...

NTPC Signs Non-Binding MoU with EDF to Explore Nuclear Power Cooperation NTPC Limited has signed a Non-Binding Memorandum of Understanding (MoU) with Électricité de France (EDF) to explore cooperation in developing new nuclear power projects in India. The agreement, formalized on April 8, 2026, follows approvals from the concerned ministries and departments of the Government of India.The MoU was executed by Mr Arnada Prasad Samal, CGM (Nuclear Cell), representing NTPC, and Mr Vakisasi Ramany, Senior Vice President, International Nuclear Development, on behalf of EDF.Framework for Joint Collaboration The agreement establishes a framework for both entities to jointly assess the feasibility and approach for collaboration. Key areas...

BSE Limited Acquires Stake in Social Stock Exchange Capacity Building Foundation BSE Limited confirmed its acquisition of equity shares in the newly formed 'Social Stock Exchange Capacity Building Foundation' (SSE CBF), a Section 8 Company. This development follows earlier board approval for acquiring 16,000 Equity Shares of ₹ 10 each, totaling ₹ 1,60,000/-, out of the proposed total paid-up capital of ₹ 4,00,000. The foundation is jointly promoted by National Bank for Agriculture and Rural Development (NABARD), Small Industries Development Bank of India (SIDBI), National Stock Exchange of India Limited (NSE), and BSE Limited (BSE).NSE and BSE have received SEBI approval for the incorporation and equity stake acquisition in the...

Popular Vehicles and Services Ltd Receives Rating Extension from CRISIL Popular Vehicles and Services Ltd announced an extension of its credit rating following an intimation from CRISIL RATINGS LIMITED. The rating extension details reflect specific changes in the company's total bank loan facilities.On April 7, 2026, CRISIL RATINGS LIMITED provided an intimation confirming the following ratings status for Popular Vehicles and Services Ltd. The long-term rating has been extended to CRISIL A/Stable, and the short-term rating remains at CRISIL A1. These ratings are valid until March 31, 2027.The intimation also detailed an increase in the total bank loan facilities rated. The amount has been raised from ₹ 468 Crore to ₹ 643 Crore.The...

Nippon Life India Asset Management to Pay EPFO Dues of Rs. 36,54,699 for International Workers Nippon Life India Asset Management Limited received an order on April 7, 2026, concerning the payment of balance E.P.F. and allied dues. This order pertains to international workers engaged by the company for the period spanning from May 2013 to March 2017.The requirement stems from an order issued under Section 7A of the Employees Provident Fund & Miscellaneous Provisions Act, 1952. The financial implication noted in the communication is Rs. 36,54,699/- (Rupees Thirty Six lakhs Fifty-Four Thousand Six Hundred and Ninety-Nine Only).According to the details provided, the dues are related to balance E.P.F. and allied dues for the specified...

Meta Infotech Secures Rs. 2.58 Crore Cloud Security Subscription Renewal Meta Infotech Ltd has secured fresh and renewal orders totaling Rs. 2,58,99,000/- for a cloud security subscription for the period spanning from June 01, 2026 to May 31, 2027. The contract was awarded by a leading mutual fund and investment management company, which is classified as a domestic entity.The total value of the orders is stated as Rs. 2,58,99,000/ (Rupees Two Crores Fifty Eight Lakhs Ninety Nine Thousand Only Excluding GST).The details of the contract award are as follows:DetailDescriptionEntity Awarding OrderLeading mutual fund and investment management companyNature of OrderCloud security subscriptionContract PeriodJune 01, 2026 to...

Dachepalli Publishers Reports Strong Operational Performance in Q4 FY26 and FY26 Dachepalli Publishers Limited, a leading K-12 academic publishing and integrated education solutions company, reported robust operational performance for the fourth quarter of fiscal year 2026 (Q4 FY26) and the full year FY26. The growth was supported by strong demand from schools, increasing use of digital solutions, and the continued scale-up of its Pelican platform.Financial Overview The financial results highlight strong execution across both core publishing operations and the growing contribution from integrated academic solutions.For Q4 FY26, the company recorded a revenue of ₹ 35.84 Cr, marking a Year-over-Year (YoY) growth of 43%.For the full...