Markets

Dynacons Systems Secures ₹25 Crore Project for ERP Solution from Jammu & Kashmir Bank Dynacons Systems & Solutions Ltd. announced that it has been awarded a major project from Jammu & Kashmir Bank Limited. The contract involves providing an Enterprise Resource Planning (ERP) Solution and is valued at approximately ₹25 Crores (Rupees Twenty-Five Crores), with a stipulated contract period of five years.The project marks a notable development for Dynacons in executing large-scale digital transformation initiatives within the BFSI sector, particularly for regulated financial institutions.Scope and Objectives of the ERP Implementation The engagement requires Dynacons to design, implement, and support a centralized, enterprise-wide ERP...

Royal Orchid Hotels Launches Regenta Place Iris Park in Rishikesh, Expanding Uttarakhand Presence Royal Orchid Hotels Ltd. has announced the successful launch of its newest property, Regenta Place Iris Park, Rishikesh in Uttarakhand. This expansion marks a significant step for the group as it enters one of India's foremost spiritual and adventure destinations, introducing the Regenta Place brand to the world's yoga capital.Regenta Place Iris Park is envisioned as a serene retreat catering to pilgrims, adventure seekers, and travelers desiring comfort amidst the spiritual atmosphere of Rishikesh. The hotel blends contemporary elegance with a peaceful ambiance, offering premium rooms and amenities reflective of the destination's...

Suba Hotels Expands Portfolio with Launch of Seven New Properties Across India Suba Hotels Limited celebrated its Founder's Day with the launch of seven new properties, adding over 300 keys to its portfolio. This development brings the company's total portfolio size to exceed 4,660 keys across 102+ hotels in 73 destinations, marking a significant milestone in the Indian hospitality sector.The company, which was founded by Mr. Abubaker Mehta beginning with a 10-key guest house, has grown into a fast-growing hospitality platform employing a scalable and asset-light growth strategy.Management highlighted the significance of the expansion, noting that the simultaneous launch of seven hotels in one day is unprecedented in India's...

Bombay Super Hybrid Seeds Limited States Share Price Movement is Market Driven Bombay Super Hybrid Seeds Limited issued a statement on April 7, 2026, clarifying the movement observed in its share price. The company stated that there is no pending information or announcement from the company that is price sensitive and could have led to any significant movement in the price behavior of the Company's shares.The company asserted that the movement in the share price is purely market driven. Furthermore, management confirmed that, to their knowledge, there is no information, announcement, or impending announcement that may have a bearing on the price or volume of the scrip that has not been disclosed to the Exchange.In detailing the...

Vardhman Polytex Reports Financial Indebtedness Details as on March 31, 2026 Vardhman Polytex Ltd has provided details regarding the payment status of interest and the repayment of principal amounts of loans from banks and financial institutions, along with unlisted debt securities, as of the quarter ended March 31, 2026.The company's financial indebtedness structure, covering both short-term and long-term obligations, has been detailed in the report.The summary of the financial indebtedness details is presented in the following table:ParticularsAs on 31.03.2026Amount (INR Crore)Loan Revolving Facilities Like Cash credit From Bank / Financial institutionsTotal Outstanding as on date 54.38Amount of Default as on date...

Sumuka Agro Industries Ltd Changes Name to Gujjubhai Industries Limited Following Merger Gujjubhai Industries Limited, formerly known as Sumuka Agro Industries Limited, has completed the name change following a Scheme of Merger by Absorption. The new name change was approved by the Ministry of Corporate Affairs, effective from April 6, 2026.The absorption involved Gujjubhai Foods Private Limited acting as the Transferor Company, merging with Sumuka Agro Industries Limited, which was the Transferee Company.The process for the name change followed the approval of the Scheme of Merger by Absorption. The Scheme was sanctioned by the Hon'ble National Company Law Tribunal (NCLT), Mumbai bench, vide its order dated February 4, 2026...

Mish Designs Ltd Expands Retail Presence with New Exclusive Outlet in Indore MISH Designs Ltd, a contemporary women's fashion brand, has expanded its retail footprint with the opening of a new exclusive brand outlet at Citadel, Phoenix Mall, Indore. This expansion marks a key milestone in the company's ongoing offline retail expansion strategy.The new Indore store establishes MISH's presence in the city, following prior successful launches in Pune and Raipur. The launch reinforces the brand's commitment to strengthening its visibility in emerging fashion-forward markets.The outlet in Indore is designed to provide an elevated and immersive shopping experience, showcasing the brand's latest collections across various categories to...

PTC India Financial Services Ltd Receives Credit Rating Updates from CRISIL Ratings PTC India Financial Services Ltd announced updates to its credit ratings from CRISIL Ratings. The rating review covers several instruments, reflecting reassurances for certain debt facilities.The rating updates from CRISIL Ratings for PTC India Financial Services Ltd are detailed below:InstrumentRating Update of CRISIL RatingsNon-Convertible DebentureCrisil A/ Negative (Removed from 'Rating Watch with Developing Implications'; Rating Reaffirmed with 'Negative' outlook)Fund based-Term LoanCrisil A/ Negative (Removed from 'Rating Watch with Developing Implications'; Rating Reaffirmed with 'Negative' outlook)Fund based-Short TermCrisil A1...

KRN Heat Exchanger Subsidiary Secures Export Order for Heat Exchanger Coils KRN Heat Exchanger and Refrigeration Limited has reported that its wholly owned subsidiary, KRN HVAC Products Private Limited, has secured a significant export order for the supply of Heat Exchanger Coils.The export order details, which represent a normal business transaction, show an estimated single order value of approximately INR 55 Crore. The delivery period for this consignment is stipulated as per the terms of the order.The company confirmed that the awarded project does not involve any internal orders. Furthermore, KRN Heat Exchanger and Refrigeration Limited noted that the Promoters, Promoter Group, and Group Companies have no interest in the...

Housing and Urban Development Corporation Limited Notes Completion of Independent Directors' Tenure Housing and Urban Development Corporation Limited, a Government of India Enterprise, reported the cessation of tenure for two Independent Directors. The change follows orders issued by the Ministry of Housing and Urban Affairs (MoHUA), Government of India.On April 6, 2026, the tenure of two individuals concluded, resulting in their stepping down as Independent Directors of HUDCO.The directors whose tenure concluded on April 6, 2026, are:Shri Kantilal Chaturbhai Patel (DIN: 06610367) Smt. Sabitha Bojan (DIN: 09398364)This update is based on Orders No. A42012(12)/2/2019-AA-UD-Part(1)(E-9086347) dated April 7, 2025, from the Ministry...

Lupin Earns Great Place To Work® Certification for 2026-27 Global pharmaceutical major Lupin Limited announced today that it has received the Great Place To Work® certification for 2026-27. This recognition positions Lupin among select pharmaceutical companies to achieve this certification through a global study that spanned all its subsidiaries and geographies.The achievement highlights the organization's dedication to employee experience and its inclusive culture. Lupin recorded an 85% participation rate from its employees, whose input was central to the evaluation process.Yashwant Mahadik, President - Global Human Resources, Lupin, commented on the recognition, stating, "We are honored to receive this global certification from...

Simplex Papers Ltd Reports Cessation of Independent Director Tenure Simplex Papers Ltd confirmed that Smt. Sita Sunil (DIN: 00041722) has completed her first term of five years as an Independent Director, resulting in her cessation as a Director of the Company effective from the close of business hours on April 6, 2026.The company noted that with this change, Smt. Sita Sunil also ceased to serve as the Chairperson of the Audit Committee and Nomination & Remuneration Committee, and as a Member of the Stakeholders' Relationship Committee. The Board of Directors acknowledged her valuable contributions, guidance, and support throughout her tenure.The composition of key board committees underwent changes effective April 7, 2026.The...

N R Vandana Tex Industries Completes Extra Ordinary General Meeting The Extra Ordinary General Meeting of N R Vandana Tex Industries Limited took place on April 7, 2026, at the Kolkata venue of 220, Mahatma Gandhi Road, Barabazar, Kolkata, West Bengal, 700007. The meeting commenced at 10:00 A.M. and concluded at 10.30 A.M. on the same day.Mr. Prabhu Lohia, Managing Director of the Company, chaired the proceedings. The Chairman noted that e-voting was operational from 09:00 A.M. on April 4, 2026, and concluded at 5:00 P.M. on April 6, 2026. Following the confirmation of the requisite quorum, the meeting proceeded with the business items outlined in the notice.Special Business Item During the session, the primary item of business...

KP Green Engineering Ltd Achieves Successful Crash Test Certification for W-Beam Barrier KP Green Engineering Limited announced the successful completion of the crash test for its W-Beam Crash Barrier H1 (TB42) at the National Automotive Test Tracks (NATRAX). The testing confirmed the barrier's compliance with EN 1317-2 standards.The achievement is notable as the company passed the test on its first attempt, an indicator of the strength in its design, engineering precision, and overall product quality.The crash barrier system underwent rigorous impact testing under conditions involving defined angles, speeds, and vehicle loads. During the evaluation, the barrier demonstrated several key performance attributes, including:Effective...

Enkei Wheels (India) Ltd Ratifies Appointment of Senior Vice President The Board of Directors of Enkei Wheels (India) Ltd has ratified the appointment of Mr. Sandeep Ohol as Senior Vice President. This designation became effective from January 1, 2026, with Mr. Ohol subsequently being designated as Senior Management Personnel (SMP) effective from the date of the Board Meeting, February 27, 2026.The designation as Senior Management Personnel was executed due to the company's restructuring of internal reporting systems.In line with the definition that 'senior management' includes all members of the management one level below the Chief Executive Officer or Managing Director or Whole Time Director or Manager, the Board of Director...

SBI Cards and Payment Services Ltd Receives ESG Score of 71 SBI Cards and Payment Services Ltd has been assigned an Environmental, Social, and Governance (ESG) Score of 71. The rating was provided by ESG Risk Assessments & Insights Limited, a SEBI Registered ESG Rating Provider.The ESG assessment provides insights into the company's environmental, social, and governance performance.The company's listing details are noted as follows:Company Name: SBI Cards and Payment Services Ltd Date: April 7, 2026 BSE Scrip Code: 543066 Symbol: SBICARD Security: Equity SharesThe ESG Score of 71 reflects the assessment conducted by ESG Risk Assessments & Insights Limited.SBICARD Stock Price Movement As of 10:39 AM, SBI Cards and Payment...

Jindal Stainless Names Ranveer Singh as First Brand Ambassador to Boost Brand Outreach Jindal Stainless Ltd, India's leading stainless steel manufacturer, has announced Ranveer Singh as its first brand ambassador and nationwide celebrity endorser. This association marks a significant effort by the company to broaden its brand visibility and deepen its connection with consumers.Ranveer Singh, celebrated for his performance and reliability, shares a persona that mirrors the core ethos of the brand. Through this partnership, Ranveer Singh will lead campaigns across television, digital, and social media, reinforcing stainless steel's role as a trusted material in powering India's development. The company stated this marks the first...

Regal Entertainment & Consultants Ltd Confirms Specific Investor Application for Rights Issue Regal Entertainment & Consultants Ltd confirmed the details of applications to participate in the Rights Issue from an identified 'Specific Investor'. The information relates to applications submitted before 11 A.M. on the Issue Opening Date, Tuesday, April 07, 2026.The specific investor detailing the application is Northern Lights Ventures Private Limited, whose promoter is listed as Shreyash Vinodkumar Chaturvedi.The table below details the application submitted by the Specific Investor:Sr. No.Name of Specific investor (Renouncee)Name of Promoter (Renouncer)Number of RE (as declared as specific investor)No. of Shares applied for (as...

Himalaya Food International Ltd Board Approves Capital Increase, Financial Settlements Himalaya Food International Ltd. held its Board of Directors meeting on April 7, 2026, via Video-conferencing mode. During the meeting, the board considered and approved several key business items impacting the company's capital structure and financial standing.The board took note of and approved the increase in the Authorised Share Capital of the Company. Furthermore, M/S Kumar Rupak & Associates was appointed as the Statutory Auditor of the Company.Financial Approvals and Settlements A significant part of the board's discussions involved financial matters related to loan settlements and fund raising. The board considered and approved final...

SBI Mutual Fund Acquires Shares in Powerica Ltd SBI Mutual Fund, through its various schemes, has increased its holding in Powerica Ltd after acquiring 57,92,485 shares on April 2, 2026.The final holding of SBI Mutual Fund, across its various schemes, stood at 83,49,444 shares as of the close of business on April 1, 2026. This represents a stake equivalent to 6.5976% of the paid up share capital of Powerica Ltd.The details of the acquisition are presented below.CategoryDetailsTarget CompanyPOWERICA LIMITEDAcquirerSBI MUTUAL FUND under its various schemesShares Acquired57,92,485Acquisition DateApril 2, 2026Pre-acquisition Holding (Shares)25,56,959Pre-acquisition Holding (% of Capital)2.0205%Post-acquisition...