Markets

Ashoka Buildcon Ltd Issues Rs. 100 Crore in Commercial Papers Ashoka Buildcon Ltd announced the issuance of Commercial Papers (CPs) amounting to Rs. 100 Crore on April 08, 2026. The details regarding this debt instrument transaction provide specifics on the tenure, coupon rate, and payment schedules for the investors.The Commercial Papers, bearing ISIN: INE442H14527, were allotted on April 08, 2026, with a maturity date set for July 07, 2026. These papers carry a coupon/interest rate offered at 7.45%.The payment structure for the instrument is detailed as follows:Interest payment is scheduled upfront. The principal amount is scheduled for payment on the maturity date, July 07, 2026.The Company also clarified that the CPs are...

Panther Industrial Products Ltd to Amalgamate with Shivang Edibles Oils Limited Panther Industrial Products Limited announced the Board of Directors' approval for a Scheme of Amalgamation with Shivang Edibles Oils Limited. The Board meeting was held on April 08, 2026, and the approval covers the amalgamation between Panther Industrial Products Limited, acting as the Transferor Company, and Shivang Edibles Oils Limited, acting as the Transferee Company.The proposed Scheme is subject to necessary statutory and regulatory approvals, including the approval of the jurisdictional bench of the National Company Law Tribunal.Amalgamation Scheme Details The details pertaining to the scheme of amalgamation, as required, confirm the...

Bosch Limited to Acquire Bosch Chassis Systems India Private Limited to Enhance Mobility Portfolio Bosch Limited announced plans to significantly enhance its mobility portfolio by acquiring Bosch Chassis Systems India Private Limited (RBIC). The proposed acquisition involves taking a 100% stake in RBIC through a combination of cash consideration and the issuance of equity shares on a preferential basis.The Board of Directors of Bosch Limited approved the acquisition during a meeting held on April 8, 2026. The acquisition, which will make RBIC a Wholly owned subsidiary and material subsidiary of Bosch Limited, involves a total consideration not exceeding Rs. 9,068.68 crores for a 100% stake.The transaction is structured such that the...

Lodha Developers Ltd Allots Equity Shares Under Employee Stock Option Plan Lodha Developers Ltd has allotted 63,642 equity shares of ₹ 10 each on April 8, 2026. This allotment was made pursuant to the terms of the 'Lodha Developers Limited - Employee Stock Option Plan 2021' and the 'Lodha Developers Limited Employee Stock Option Scheme 2021 - II'.The allotment details pertain to the employee stock option programs managed by the company.The relevant company information for market tracking includes:BSE Limited Scrip Code: 543287 Debt Segment Codes: 976262, 976764, 976923, 976895, 977163, 977293 National Stock Exchange of India Limited Trading Symbol: LODHALODHA Stock Price Movement Today, shares of Lodha Developers Limited edged...

GOCL Corporation Limited's Electronics Manufacturing Services Facility Becomes Operational GOCL Corporation Limited has announced that its newly established Electronics Manufacturing Services (EMS) facility in Gummadidala, near Hyderabad, has become fully operational. The facility achieved full operational status on April 8, 2026, following the receipt of the factory license.GOCLCORP Stock Price Movement Today, GOCL Corporation Limited shares rallied to settle at ₹273.35, marking a 2.70% increase in after-hours trading. The stock saw considerable activity, processing a total traded volume of 184,224 shares today.Source:

Supreme Power Equipment Secures ₹ 13.50 Crore Order, Marking Entry into Maharashtra Market Supreme Power Equipment Limited (SPEL), a major manufacturer of power and distribution transformers, has secured a new order worth ₹ 13.50 Cr from an Engineering, Procurement, and Construction (EPC) company located in Maharashtra. This contract marks the company's initial order in the state of Maharashtra, signaling a key step in its geographical expansion efforts.The contract encompasses the supply of 20 MVA, 110/33-11 kV power transformers, which are essential components for power transmission and distribution infrastructure. The order is slated for execution over a period of approximately 7 months, highlighting the company's capacity for...

HDFC Asset Management Announces Investor/Analyst Meet in Europe HDFC Asset Management Company Limited has scheduled an investor and analyst meeting in Europe from April 27 to April 29, 2026. The company representatives will attend this event, which is categorized as a non-deal roadshow.The details of the meeting are structured as follows:DateNameVenueType of MeetingNature of MeetingApril 27 to April 29, 2026Non-deal roadshowEuropeIn PersonOne on One/ GroupThe company noted that the schedule for this meeting may be subject to change due to exigencies on the part of the investor or the Company.HDFCAMC Stock Price Movement Today, HDFC Asset Management Company Limited shares edged higher to close at ₹2539.4, capturing an...

Zenith Exports Approves Board Meeting Outcomes Regarding Director Appointments and Property Sale Zenith Exports Limited, during its Board of Directors Meeting held on April 8, 2026, approved several key corporate actions concerning the appointment of Independent Directors and the potential disposal of a company property.The Board considered and approved the draft notices for a Postal Ballot related to the appointment of two individuals as Additional Directors in the capacity of Independent Directors.The Board approved the following concerning the appointments:Mrs. Priyanka Poddar (DIN: 10481007) was considered for appointment as an Additional Director (Non-Executive, Independent Director). Her term would commence from March 6...

Acetech E-Commerce Limited Approves Acquisition of LumiArt Digital Assets for Business Expansion Acetech E-Commerce Limited announced that its Board of Directors approved an Asset Purchase Agreement to acquire the digital assets and rights associated with the e-commerce business trading as LumiArt. The acquisition involves purchasing the platform located at https://lumiart.design/, which specializes in selling lighting products.The Board's strategic objective with this acquisition is to expand the product range by incorporating new and innovative decor items that maintain the brand's established aesthetic and quality standards. The company plans to boost revenue growth and strengthen its financial performance by utilizing highly...

Tata Motors to Host Investor Day on June 23, 2026, in Mumbai Tata Motors Limited announced that it will host its Investor Day on Tuesday, June 23, 2026, in Mumbai. The company, formerly known as TML Commercial Vehicles Limited, provided details regarding the upcoming event.Interested parties can express their interest in attending the Investor Day via a specified link. The deadline for expressing interest is set for Saturday, May 30, 2026.Due to the event venue having limited seating capacity, the company confirmed that it will contact registered attendees via email to confirm their participation by Monday, June 15, 2026. Admission to the event remains at the sole discretion of the Company.Following the event, a copy of the...

Muthoot Microfin Ltd Approves Issuance of Non-Convertible Debentures via Private Placement The Debenture Issue and Allotment Committee of Muthoot Microfin Ltd approved the issuance of Non-Convertible Debentures (NCDs) on a Private Placement basis. This approval was reached during a committee meeting held on April 08, 2026.The committee approved the issuance of up to 7161 Listed, Rated, Secured, Redeemable Non-Convertible Debentures. These NCDs have a nominal value of ₹100000 (One Lakh) each, resulting in an aggregate nominal value of ₹71,61,00,000 (Indian Rupees Seventy-One Crores Sixty-One Lakh). The aggregate value of the NCDs is equivalent to USD 7.7 million, based on the current exchange rate.Key Details of the Proposed NCD...

Gangotri Textiles Ltd to Hold Board Meeting on May 15, 2026 Gangotri Textiles Ltd has announced that a meeting of its Board of Directors is scheduled for Friday, May 15, 2026. The meeting is set to commence at 10:30 a.m.The Board meeting is convened to consider, among other matters, the approval of the Audited Financial Results of the Company for the period ended March 31, 2026. The meeting will be conducted through Video Conferencing at the Company's Registered Office.Source:

Stovec Industries Ltd Announces 52nd Annual General Meeting Details Stovec Industries Ltd has scheduled its 52nd Annual General Meeting (AGM) to take place on Thursday, May 7, 2026. The meeting will be held via video conferencing or other audio-visual means (VC/OAVM).For the purposes of the AGM, the company's Register of Members and Share Transfer Books will be closed from May 1, 2026, to May 7, 2026, inclusive.The company provided the following details regarding the book closure and record date:Security CodeType of SecurityBook ClosureRecord DatePurpose504959EquityMay 1, 2026 to May 7, 2026 (both days inclusive)April 2026For ascertaining the names of the Shareholders for the AGM and payment of dividend @ Rs. 12/- per Equity...

Viksit Engineering Ltd Receives Trading Approval for 12,500 Equity Shares Viksit Engineering Ltd confirmed the receipt of trading approval for 12,500 fully paid-up equity shares. The shares have a face value of INR 10 each.The company issued an update confirming that it received the revised letter for trading approval from the Stock Exchange on April 7, 2026. These shares were allotted to public shareholders and the approval was sanctioned following the Board of Directors meeting on November 28, 2025, and in line with the NCLT Order read with the Resolution Plan approved therein.The total value of the 12,500 equity shares amounts to INR 1,25,000.The revised letter confirming the trading approval is to be treated as the valid and...

GHCL Ltd To Hold 217th Board Meeting on May 5, 2026; Trading Window to Remain Closed GHCL Ltd has scheduled its 217th Board Meeting for Tuesday, May 5, 2026. The meeting is set to consider and approve several key corporate matters related to the financial year ended March 31, 2026.The agenda items slated for discussion and approval include:The audited financial results for the quarter or year ended March 31, 2026, which covers the consolidated audited annual accounts of the Company for the financial year ended March 31, 2026. Recommendations regarding dividends, if any, for the financial year ended March 31, 2026. Fixation of the date for the 43rd Annual General Meeting of the Company. Approval of the Capital Budget and Revenue...

Shivansh Finserve Ltd Board Meeting Scheduled for April 14, 2026 Shivansh Finserve Ltd, formerly known as Mansarovar Financial Services Limited, has scheduled a meeting of its Board of Directors for Tuesday, April 14, 2026. The meeting is set to take place at the registered office of the Company.The board meeting agenda includes several key items for consideration and approval. Directors are scheduled to discuss and consider fund-raising through a preferential issue of shares. Another major point on the agenda is the proposal for increasing the share capital of the Company. Furthermore, the board will consider changes to the Company's name and changes in its main objects.The company's director, Mr. Rajesh Fojaji Karwasara, is noted...

Stanley Lifestyles Reports Changes in Key Managerial Personnel Following Board Meeting Stanley Lifestyles Limited announced changes in its key managerial personnel following a Board of Directors meeting held on April 8, 2026. The company noted the resignation of an officer and the appointment of a new Company Secretary and Compliance Officer.The Board Meeting commenced at 03:45 P.M. and concluded at 04:00 P.M.The company formally noted the resignation of Mr. Jangamkote Keshavamurthy Sharath, Chief Financial Officer, effective from the close of business on March 31, 2026.Furthermore, the Board noted the resignation of Mr. Rasmi Ranjan Naik from his roles as Company Secretary and Compliance Officer. Mr. Naik tendered his resignation...

India Ratings Places Andhra Cements Bank Loan Facilities on Rating Watch India Ratings and Research (Ind-Ra) has placed the bank loan facilities of Andhra Cements Limited (ACL) on Rating Watch with Developing Implications. The rating assigned is IND BBB/Rating Watch with Developing Implications/IND A3+/Rating Watch with Developing Implications for the Loans and Working Capital Limits availed by the Company.The rating action pertains to an instrument with an issue size of INR9,869.70 million, and the rating is associated with an outlook/watch status of IND BBB/Rating Watch with Developing Implications/IND A3+/Rating Watch with Developing Implications.Analysis Highlights Ind-Ra utilized a top-down approach under its Parent Subsidiary...

ICRA Assigns Credit Rating for Bliss GVS Pharma Limited Instruments ICRA Limited has assigned credit ratings for the instruments of Bliss GVS Pharma Limited, according to a rating action reported on April 08, 2026.The rating assessment covered the company's fund-based and non-fund-based facilities, spanning both long-term and short-term instruments.The details of the rated amounts and the corresponding ratings are presented below:InstrumentRated Amount (Rs. crore)Rating ActionLong-term/Short-term - Fund-based/Non-fund-based facilities100[ICRA]A-(Stable)/ assignedTotal100In a separate rating summary provided by ICRA, the assigned rating for Long term/Short term - Fund-based/Non-fund based facilities totaling Rs. 100...

Muthoot Microfin Ltd Approves Issuance of Non-Convertible Debentures Muthoot Microfin Ltd announced that its Debenture Issue and Allotment Committee, during a meeting held on April 8, 2026, approved the issuance of Non-Convertible Debentures (NCDs). These approvals were made within the limits set by the Board of Directors and the Shareholders.The committee approved the issuance of up to 7161 Listed, Rated, Secured, Redeemable Non-Convertible Debentures (NCDs). Each NCD carries a nominal value of ₹100,000 (One Lakh). The total aggregate nominal value of these NCDs is ₹71,61,00,000 (Indian Rupees Seventy-One Crores Sixty-One Lakh). The aggregate value of the NCDs was stated to be USD 7.7 million, corresponding to an approximate INR...