Markets

Lemon Tree Hotels Receives CCI Approval for Acquisitions and Group Restructuring Lemon Tree Hotels Limited announced that the Competition Commission of India (CCI) granted its approval on April 7, 2026. This approval pertains to the acquisition of certain equity shares of Fleur Hotels Limited by Coastal Cedar Investments BV and the internal restructuring of the Company group involving amalgamation and demerger.The CCI issued its communication confirming the approval under Section 31(1) of the Competition Act, 2002.This CCI approval is noted as a significant milestone toward finalizing the transactions that were initially communicated on January 9, 2026. The company stated that it will proceed with necessary steps to complete the...

United Heat Transfer Limited Executes Hypothecation Agreement for Term Loan Facility United Heat Transfer Limited has executed an Agreement of Hypothecation of Movable Property with Saraswat Co-operative Bank Limited. This agreement is in connection with a term loan facility amounting to Rs. 3.70 crore.The facility is secured through a hypothecation over the company's plant and machinery, covering both present and future assets located at Gat No. 352/B/1-4, Talegaon, Tal. Dindori, Dist. Nashik- 422004, Maharashtra, India.This arrangement follows a Legal Mortgage Deed dated February 13, 2026, which was executed for multiple facilities, including the current term loan.Details regarding the loan agreement are summarized below...

IHCL Reaches 628 Hotel Portfolio Milestone Driven by Inorganic and Organic Growth The Indian Hotels Company Limited (IHCL), India's leading hospitality company, announced it has expanded its hotel portfolio to 628 properties. This growth marks a period of sustained organic expansion alongside inorganic acquisitions, positioning the company with a pipeline of 255 hotels.IHCL’s latest developments point to an accelerated expansion strategy, adding significant capacity across its diverse brand portfolio. The company stated that the financial year recorded 250 signings through combined inorganic and sustained organic growth, which expanded its brand presence and scaled operations, particularly in the midscale segment.Key Growth Drivers...

Prabha Energy Ltd Approves Allotment of Rights Issue Shares Prabha Energy Ltd announced the allotment of 96,67,258 Partly Paid-up Equity Shares on a Rights Basis. The approval came from the Company's Rights Issue Committee at its meeting held on April 07, 2026.The allotment pertains to the Rights Issue, which was governed by the Letter of Offer dated March 05, 2026. Following the Basis of Allotment, which was finalized in consultation with the Registrar to the Issue and approved by the National Stock Exchange of India Limited (NSE), the committee approved the allotment to Eligible Equity Shareholders.The details of the allotment include the issuance of 96,67,258 Partly Paid-up Equity Shares, each having a face value of Rs. 1/each...

Ashiana Housing Reports Q4 FY '26 and FY'26 Operational Updates Ashiana Housing Limited has released an update summarizing its performance for the quarter ended March 31, 2026, and for the full Financial Year 2025-26.The company provided a comparative overview of key booking metrics across different fiscal periods.ParticularsFY '26Q4 FY '26Q3 FY '25FY'25Q4 FY '25Area Booked (in lakhs sq. ft.)26.7311.195.4626.978.48Value of Area Sold (INR in Crores)2421.131289.7397.031936.75574.73The sales value of the area booked during FY'26 reached INR 2421.13 Crores, marking the highest annual sales recorded by the company.For the 'Senior Living' segment, the sales value of the area booked in FY'26 was INR 570.15 Crores. This figure...

Prozone Realty Completes Acquisition of Material Subsidiaries' Shares Prozone Realty Limited has finalized the acquisition of equity shares in several material subsidiaries and target entities. The company, through itself and its wholly owned subsidiaries, Kruti Realtors and Developers Private Limited and Prozone Liberty International Limited, has consolidated its shareholding across the identified entities.The acquired companies include Empire Mall Private Limited (Empire), Alliance Mall Developers Co. Private Limited (Coimbatore) (Alliance), and Hagwood Commercial and Developers Private Limited (Hagwood).The following table summarizes the post-acquisition shareholding status for the respective subsidiaries:Sr.Subsidiaries%...

Manbro Industries Completes Acquisition of 99.84% Stake in K D Infrastructures Private Limited Manbro Industries Limited, a BSE listed company with Scrip Code: 512595, has finalized the strategic acquisition of a 99.84% equity stake in K D Infrastructures Private Limited. This move is set to enhance the company's operational scope within fabricated steel infrastructure solutions.K D Infrastructures Private Limited is currently in the process of establishing a specialized steel fabrication facility. This facility will boast an annual capacity of 25,000 MT and is designed to provide comprehensive turnkey fabrication and infrastructure solutions across several key sectors. These sectors include construction, energy, utilities...

Jaiprakash Associates Limited Reports Outstanding Borrowings as of March 31, 2026 Jaiprakash Associates Limited reported details concerning its total financial indebtedness for the month ended March 2026. The company disclosed specific details regarding its outstanding borrowings from financial institutions and unlisted debt securities.The company listed several lenders for its term loan, WCTL, FITL, and other obligations. These lenders include National Asset Reconstruction Company Limited (NARCL), Axis Bank Limited, Bank of Maharashtra, Canara Bank, Bank of Baroda, ICICI Bank Limited, Indian Overseas Bank, IDBI Bank Limited, The Jammu & Kashmir Bank Limited, DBS Bank India Limited, Punjab National Bank, Punjab & Sind Bank, State Bank...

Jointeca Education Solutions Reports Non-Raising of Funds Through Public Issuances for Year Ended March 31, 2026 Jointeca Education Solutions Ltd confirmed that during the quarter and year ended March 31, 2026, the company did not raise any funds through specified public issuance mechanisms. Consequently, the statement of deviation or variation concerning these issuances is not applicable for the period ending March 31, 2026.The company detailed the types of fundraising issues that were not undertaken for the reporting period.Issue TypeActivity StatusPublic IssueNo funds raisedRight IssueNo funds raisedPreferential IssueNo funds raisedQIPNo funds raisedThis status confirms that the Statement of Deviation or...

Aditya Birla Capital Limited Secures CCI Approval for Major Investment in ABHFL Aditya Birla Capital Limited has confirmed that the Competition Commission of India (CCI) has granted its approval for a substantial capital investment into Aditya Birla Housing Finance Limited (ABHFL). This approval follows the board-approved plan for the primary capital investment.The transaction involves a primary capital investment of approximately INR 2,750 crores in Aditya Birla Housing Finance Limited, which is a wholly owned and material subsidiary of Aditya Birla Capital Limited. The investment is slated to come from Indriya Limited, an entity associated with Advent International L.P.Aditya Birla Capital Limited had previously informed...

Jaiprakash Associates Limited Reports Financial Indebtedness for Quarter Ended March 31, 2026 Jaiprakash Associates Limited provided details regarding its financial indebtedness for the quarter ending March 31, 2026. The company reported the total financial indebtedness of the listed entity, including both short-term and long-term debt, amounting to INR 55,357.39 crores as of March 31, 2026.The financial reporting provided a summary of loan and debt security outstanding amounts for the quarter. A detailed view of the financial status is presented below:ParticularsProvisional Amount (Rs. in Crores) As on 31.03.2026Loans/revolving facilities like cash credit from banks/financial institutionsTotal amount outstanding (Including...

MRC Agrotech Ltd Clarifies Regarding Price Movement and Material Events MRC Agrotech Ltd issued a statement on April 7, 2026, addressing queries regarding recent price movements of its securities.The company clarified that there are no material events or information requiring disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015, that could affect the price movement of the company's shares.Furthermore, MRC Agrotech Ltd confirmed that there is no unpublished price sensitive information (UPSI) that has not been disclosed to the Stock Exchange, in adherence to the SEBI (Prohibition of Insider Trading) Regulations, 2015.The company stated that it has been consistently disseminating all information and announcements that...

International Gemmological Institute Limited Changes Corporate Name International Gemmological Institute Limited, formerly known as International Gemmological Institute (India) Limited and International Gemmological Institute (India) Private Limited, has completed a change of name, with the Registrar of Companies approving the transition.The name change has been approved by the Registrar of Companies, and a fresh Certificate of Incorporation was issued on April 7, 2026. Consequently, the company's name is now International Gemmological Institute Limited, effective from April 7, 2026. The Memorandum and Articles of Association of the Company have been altered accordingly to reflect the new name.The company maintains its global...

TPI India Ltd Board Postpones Proposed Rights Issue Amid Market Volatility TPI India Ltd announced on April 07, 2026, that its Board of Directors had decided to postpone the proposed Rights Issue. The decision followed due consideration by the Board at its meeting held on Tuesday, April 07, 2026.The Board meeting commenced at 06:00 p.m. and concluded at 06:30 p.m. The meeting was convened to discuss and decide various matters related to the Rights Issue, including the specific terms such as the rights issue price, the related payment mechanism, the rights entitlement ratio, the record date, the timing of the Rights Issue, and other associated terms and conditions.The Board determined that, keeping in view the current volatile market...

Shringar House of Mangalsutra Limited Expands into Gold Bridal Jewellery Segment Shringar House of Mangalsutra Limited has marked a significant growth milestone with its strategic entry into the gold bridal jewellery segment. The company has successfully generated its first invoice in this new category for a valued client, signaling a confident expansion of its product offerings.Mr. Chetan Thadeshwar, Managing Director of SHOML, commented on the development, stating, "We are proud to announce the Company's entry into the gold bridal jewellery segment, leveraging Shringar's strong foundational strengths." He added that the expansion was supported by long standing relationships with organized retail partners, while the company's robust...

Dipna Pharmachem Ltd States Price Volatility is Natural and Market Driven Dipna Pharmachem Ltd addressed recent inquiries concerning significant movements in the price of its scrip on the Stock Exchange. The company stated that it possesses no price sensitive information or material information that has resulted in significant price movement regarding its stock.The company confirmed that it has executed all necessary disclosures under applicable regulations within the stipulated time periods. Furthermore, Dipna Pharmachem Ltd noted that there is currently no event, information, or announcement that requires reporting to the Stock Exchange.Management asserted that the observed volatility in the company's script price on the Stock...

Roni Households Ltd Disposes 4.26% Stake in Roni Agro Limited Roni Households Ltd has reported the disposal of 2,13,029 equity shares in M/s. Roni Agro Limited to various buyers. This transaction represents a 4.26% stake in the paid-up share capital of the associated company.Following the sale of these shares, Roni Households Limited's shareholding in M/s. Roni Agro Limited has been reduced from 49.02% to 44.76%.The disposal, with an expected completion date of April 7, 2026, resulted in the consideration amount of Rs. 25,56,348. The shares were acquired at a rate of Rs. 12 per share.A detailed breakdown of the transaction and the identity of the buyers was provided. The buyers listed include Anuj Kumar, Rameswar Kuda Hansdah...

Alka India Ltd Recommends Dividend, Bonus Issue, and Alters Object Clause Alka India Ltd announced key corporate actions following its Board of Directors meeting held on Tuesday, April 07, 2026. The board approved the recommendation of a final dividend for the financial year 2025-26, a bonus equity share issue, and the alteration of the company's 'Object Clause' in its Memorandum of Association.The Board recommended a final dividend of Rs. 0.04 per equity share of the face value of Re. 1 each for the financial year 2025-26. This dividend pertains to the entire issued, subscribed and paidup share capital of 50,00,000 equity shares, each having a face value of Re. 1.Furthermore, the company recommended a bonus equity share issue in...

PAN HR Solution Ltd Announces Resignation of Independent Director PAN HR Solution Ltd confirms that Mr. Jeewan Chandra has tendered his resignation as a Non-Executive Independent Director of the Company, effective from the close of business hours on April 7, 2026.The resignation was tendered by Mr. Jeewan Chandra (DIN: 05319578) on April 7, 2026. According to the resignation letter, the reason cited for stepping down from the role is due to personal reasons.Mr. Jeewan Chandra provided confirmation that there are no material reasons for his resignation other than those stated in his resignation letter dated April 7, 2026.Details regarding the resignation, including the reason for change and the cessation date, are summarized below...

Shringar House of Mangalsutra Limited Launches New Bridal Jewelry Category Shringar House of Mangalsutra Limited announced the launch of a new product category named 'Bridal Jewelry'. The company incorporated this new offering on April 7, 2026.The new product, classified under the 'Bridal Set' category, is designed for the domestic market. Details regarding the product launch are as follows:ParticularsDetailsName of the productBridal JewelryDate of launch07 th April, 2026Category of the productBridal SetMarket focusDomesticThe 'Bridal Jewelry' line is available on the company's website at www.Shringar.ms.SHRINGARMS Stock Price Movement Today, Shringar House of Mangalsutra Limited shares edged higher to close at...