Markets

Tarsons Products Ltd Appoints Mr. Vinesh Mohan Kriplani as Independent Director Tarsons Products Ltd announced the appointment of Mr. Vinesh Mohan Kriplani as a Non-Executive Independent Director. The appointment followed a Special Resolution passed during a Postal Ballot held on February 23, 2026.The Board reported that the appointment of Mr. Vinesh Mohan Kriplani (DIN: 08212644) as a Non-Executive Independent Director is effective from February 06, 2026, for a term spanning five consecutive years. This appointment was duly approved by the requisite majority and was confirmed by the Scrutinizer's Report dated April 08, 2026.Mr. Kriplani, a Chartered Accountant, brings over 29 years of experience in Indian corporate and...

Confidence Petroleum India Limited Acquires Remaining Stake, Making Subsidiary Wholly Owned Confidence Petroleum India Limited has acquired 25,00,000 equity shares from BW LPG Infrastructure DMCC. This acquisition represents 50% of the paid-up share capital of BW Confidence Enterprise Private Limited. With this purchase, Confidence Petroleum India Limited now holds a majority stake, making BW Confidence Enterprise Private Limited a wholly owned subsidiary of the Company.The transaction involved the purchase of equity shares in cash, with payment processed through banking channels. The total consideration for the acquisition of 25,00,000 equity shares was Rs. 1,13,42,434.29, at a price of Rs. 4.536 per share.Details of the...

F Mec International Financial Services Ltd Approves Share Sub-division, Bonus Issue, and NCD Issuance F Mec International Financial Services Ltd held a Board meeting on April 08, 2026, where several key corporate actions were considered and approved. The Board sanctioned the sub-division of equity shares, the issuance of bonus shares, and the proposal to raise funds by issuing Secured Unlisted Non-Convertible Debentures (NCDs) on a private placement basis.The board meeting also approved the change in designation of Mr. Kabeer Choudhary (DIN: 03142141) to Executive Director, effective April 08, 2026, and the appointment of Mitcon Credentia Trusteeship Services Limited as the Debenture Trustee for the forthcoming debentures.Share...

Dhruva Capital Services Launches NeoMoney Digital Lending Platform Dhruva Capital Services Limited has launched NeoMoney, a next-generation digital lending platform designed to deliver instant, compliant, and scalable credit solutions throughout India. Powered by the company, the platform merges fintech innovation with a robust regulatory and operational structure.NeoMoney operates on an AI-driven infrastructure that facilitates intelligent underwriting, automated decision-making, and optimized processes, enhancing speed, accuracy, and the overall user experience for digital lending services.Platform Functionality and Integration The platform emphasizes a fully digital onboarding and approval process, supported by a scalable backend...

Krishna Capital and Securities Ltd Appoints Nishant Darak as Additional Independent Director; Re-appoints Kalpesh Mehta Krishna Capital and Securities Ltd announced key appointments and reappointments of independent directors following board meetings held in April 2026. The company approved the appointment of Mr. Nishant Darak and the re-appointment of Mr. Kalpesh Mehta to the board.Appointment of Nishant Darak At its meeting held on April 08, 2026, the Board of Directors of Krishna Capital and Securities Ltd approved the appointment of Mr. Nishant Darak (DIN 11652306) as a Non-Executive Independent Director. This appointment is for a period of five years, spanning from April 08, 2026, to April 07, 2031, pending shareholder approval...

CRISIL Ratings Issues Report on Bank Facilities for Rishabh Instruments Limited Rishabh Instruments Limited has received a Credit Rating Letter from CRISIL Ratings concerning the bank facility(ies) of the company. The rating assessment covers the company's outstanding debt instruments and facilities.The report details the ratings assigned to the bank facilities as of the announcement date. The total bank loan facilities rated amount to Rs.16.3 Crore.The credit rating structure provided by CRISIL Ratings is as follows:MetricRatingOutlookLong Term RatingCrisil BBB+StableShort Term RatingCrisil A2The rating outstanding on these bank facilities during the period from April 01, 2026, to April 07, 2026, was reported as...

Federal Bank to Host Call on Q4 FY2026 and Year End Results Federal Bank Ltd has scheduled an Investor/Analyst conference call to discuss the Bank's Quarter 4 for the financial year ending March 31, 2026, along with overall business updates for FY2026.The conference call is set for Wednesday, April 29, 2026, at 04:30 PM IST.Participants using the Diamond Pass service can join by clicking the provided link. Alternatively, the conference call can be accessed by copying and pasting the link: https://shorturl.at/665JZ.For those preferring dial-in numbers, it is advised to connect 10 minutes prior to the scheduled time.Universal Dial-In Numbers+91 22 6280 1270 +91 22 7115 8171India National Toll Free1800 120 1221...

Bosch Limited to Enhance Portfolio with Acquisition of Bosch Chassis Systems India Private Limited Bosch Limited, the flagship company of the Bosch Group in India, plans to significantly enhance its product portfolio by acquiring the Vehicle Motion business. The company intends to acquire 100 percent of Bosch Chassis Systems India Private Limited through a combination of a cash deal and the issuance of equity shares on a preferential basis.This strategic acquisition positions Bosch Limited with a more comprehensive mobility portfolio, allowing it to better address the evolving demands within India's automotive sector. The transaction is anticipated to strengthen Bosch Limited's capabilities, enabling further investment in crucial...

Indusind Bank Board Meeting Scheduled to Approve FY 2025-26 Results and Dividend Recommendation Indusind Bank Ltd has scheduled a meeting of its Board of Directors for Friday, April 24, 2026. The primary agenda for the meeting is to consider and approve the Audited Consolidated and Standalone Financial Results for the quarter and the entire financial year ended March 31, 2026. Furthermore, the Board is set to consider a recommendation for any dividend for the Financial Year 2025-26, in adherence to the Bank's Dividend Distribution Policy read with applicable RBI guidelines.Following the declaration of the financial results, the Bank anticipates holding an earnings call where top management will discuss the outcomes with participating...

Clean Science and Technology Subscribes to Shares in Wholly Owned Subsidiary Clean Fino-Chem Limited Clean Science and Technology Limited announced that it has subscribed to additional equity shares of its wholly owned subsidiary, Clean Fino-Chem Limited. The transaction involved the subscription of 8,36,121 Equity Shares of Rs.10/- (Rupees Ten each) at a premium of Rs. 588/- (Rupees Five Hundred and Eighty-Eight Only).The subscription was executed in lieu of a subscription money aggregating to Rs. 50,00,00,358/- (Rupees Fifty Crores Three Hundred and Fifty-Eight Only) through the Rights Issue of Clean Fino-Chem Limited. These newly subscribed equity shares will rank pari passu with the existing equity shares of the company.The...

Aeroflex Industries Limited Receives Order from Central GST Commissionerate Aeroflex Industries Limited received an order from the Office of the Superintendent, Central GST Commissionerate, Raigad. The issue concerns the input tax credit related to expenses incurred during the Initial Public Offering (IPO) and other associated matters for the tax period spanning from April 2021 to March 2024.The order, issued under Section 74 of the CGST Act 2017 and corresponding rules, raised a demand totaling Rs. 7,19,40,570/-. This demand comprises a primary amount of Rs. 3,59,70,285/- plus an equal penalty of Rs. 3,59,70,285/-.Key details regarding the action taken are provided below:ParticularsDetailsName of the AuthorityOffice of the...

HMA Agro Industries Ltd Promoter Announces Offer for Sale of Shares A total of 3,31,81,173 equity shares of HMA Agro Industries Limited are proposed for sale by the company's promoters—Zulfigar Ahmad Qurashi, Mohammad Ashrat Qureshi, Mohammad Mehmood Qureshi, Gulzar Ahmad, and Wajid Ahmed. The offer represents approximately 6.63% of the total issued and paid up equity share capital.The sale is slated to occur through the Stock Exchange Mechanism (OFS) and the designated seller's broker for the transaction is BCB Brokerage Private Limited.Offer Sale Details and Timeline The sale of the Sale Shares is scheduled across two dates:Non-Retail Investors: Thursday, April 09, 2026 (T day), with the sale window commencing at 9:15 a.m. and...

Mehai Technology Ltd Board Approves Object Clause Alterations and Director Re-appointment The Board of Directors of Mehai Technology Limited held its meeting on April 08, 2026. During the session, the board considered and approved several key corporate matters, including alterations to the company's Memorandum of Association and the re-appointment of a Non-Executive Independent Director.The board approved the alteration of the Main Object Clause and ancillary object clause of the company's Memorandum of Association. These changes, which are subject to shareholder approval, aim to enable Mehai Technology to undertake various business activities. The alterations involve changing the existing Clause 2 and inserting new Clauses 8, 9, and...

Inter State Oil Carrier Reports Monthly Business Update for March 2026 Inter State Oil Carrier Limited reported key operational parameters for the month ended March, 2026, indicating significant growth in cargo volume handling.The company's total volume handled in March, 2026, was 29.34 ('000 MTs). This figure reflects a growth of 5.77% when compared to the 27.74 ('000 MTs) volume handled in February, 2026.Looking at a year-over-year comparison, the volume of 29.34 ('000 MTs) recorded in March, 2026, signifies substantial growth in cargo handling. This volume is approximately 32.34% higher than the 22.17 ('000 MTs) handled in March, 2025.Furthermore, the operational data shows that the volume handled throughout March 2026...

Central Mine Planning & Design Institute Details Change in Senior Management Personnel Central Mine Planning & Design Institute Limited, a subsidiary of Coal India Limited and a Government of India Public Sector Undertaking, provided details regarding changes in its Senior Management Personnel (SMP). The company is certified with ISO 9001: 2015 and ISO 37001: 2016.Dr. Kunal Das and Mr. Randip Singh have superannuated from their services with effect from March 31, 2026, after the close of business hours.Regarding appointments, Mr. Satish Neeraj Kumar was appointed as SMP with effect from April 01, 2026, assuming charge as HoD (Publication) following the superannuation of Dr. Kunal Das. Meanwhile, Mr. Bhim Singh was appointed as SMP...

Newmalayalam Steel Limited Approves Subscription to Rights Issue of Subsidiary Prime NMS Private Limited Newmalayalam Steel Limited announced that its Board of Directors, during a meeting held on Wednesday, April 08, 2026, accorded approval for the company to subscribe to the equity shares of its subsidiary, M/s. Prime NMS Private Limited. This approval relates to the subsidiary's proposed Rights Issue.The Board's decision included authorization to subscribe to the Equity Shares of M/s. Prime NMS Private Limited to the full extent of the company's Rights entitlement offered through the Rights Issue. Furthermore, the company received approval to subscribe to additional shares and any unsubscribed portion of the Rights issue, up to the...

Scoda Tubes Ltd Secures Approval for Ground Mounted Solar Project Scoda Tubes Ltd has received approval from the Gujarat Energy Development Agency (GEDA), a Government of Gujarat Organization, for setting up a Ground Mounted Solar Project for its captive consumption. The project is situated at Survey no. 295, Village- Mudana, Ta- Sidhpur, Dist.- Patan, under Consumer No. 20301, and falls under the Gujarat Integrated Renewable Energy Policy-2025.The approved capacity for the facility is specified as 3 MW (AC) or 3.8 MW (DC).Project details, including the total estimated cost, average daily and yearly generation, and projected savings, are detailed below.ParticularsDetailsTotal estimated cost of the projects (Approx)Rs...

Newmalayalam Steel Limited Appoints CFO on April 8, 2026 On April 8, 2026, the Board of Directors of Newmalayalam Steel Limited, in a meeting held that day, appointed Mr. Avinash P V as the Chief Financial Officer (CFO) and Key Managerial Personnel of the company. This appointment followed recommendations from the Nomination and Remuneration Committee and the Audit Committee.The board meeting commenced at 4:00 P.M. and concluded at 4:35 P.M. on Wednesday, April 8, 2026.New CFO Profile Details Mr. Avinash P V, a Chartered Accountant, brings 12 years of experience in finance, accounts, and audit. His experience includes 4 years of post-qualification practice. His areas of specialization include financial reporting, taxation, statutory...

Le Merite Exports Limited Board Approves Split of Equity Shares Le Merite Exports Limited's Board of Directors, during a meeting held on April 8, 2026, approved the sub-division or split of the company's equity shares. This corporate action involves splitting one equity share with a face value of Rs. 10 each into five equity shares, each with a face value of Rs. 2.The proposed split requires the consequential alteration of the Company's Memorandum of Association, which is subject to the approval of the Members via a postal ballot, alongside any requisite regulatory or statutory approvals. The Board noted that the record date for this equity share sub-division will be communicated at a later time.The company plans to issue a Notice...

Vibhor Steel Tubes Management to Participate in YouTube Podcast Vibhor Steel Tubes Ltd, formerly known as Vibhor Steel Tubes Private Limited, confirmed that its management is scheduled to participate in a virtual YouTube Podcast organized by Small Cap Spotlight.The participation is set for Friday, April 10, 2026, at 1:00 P.M. IST. During the event, Mr. Vibhor Kaushik, the Managing Director, will attend on behalf of the company in a virtual mode.The details of the podcast participation are presented below:DateEventModeVenue10th April 2026YouTube Podcast organized by Small Cap SpotlightOne on One MeetingVirtualThe company noted that no Unpublished Price Sensitive Information will be shared during the podcast session.VSTL...