Markets

Embassy Developments Ltd Completes Strike-Off of Subsidiary Apesh Real Estate Limited Embassy Developments Ltd announced that Apesh Real Estate Limited (AREL), a step-down subsidiary, has been struck off the register of companies maintained by the Registrar of Companies (ROC). This action is part of the company's ongoing efforts to streamline its corporate structure and reduce associated administrative and compliance costs.The status of AREL is now dissolved, meaning it has ceased to be a subsidiary of Embassy Developments Ltd.While the company noted that this event does not qualify as the sale of any unit, division, or substantially the whole of an undertaking or subsidiary, the information was provided for good corporate...

Birla Corporation Ltd Receives ESG Score of 58 from NSE Sustainability Ratings Birla Corporation Ltd has received an Environmental, Social and Governance (ESG) score of 58 following a voluntary review conducted by NSE Sustainability Ratings and Analytics Limited. This rating was assigned based on publicly available information.The company confirmed that the ESG rating/score was assigned independently by NSE Sustainability Ratings and Analytics Limited, and that Birla Corporation Ltd had not engaged the firm for this rating or score.The information regarding the ESG rating was received by the company on April 6, 2026, at approximately 1:41 p.m. IST.BIRLACORPN Stock Price Movement At the close of trade, Birla Corporation Limited is...

Spinaroo Commercial Ltd Withdraws Proposed Preferential Share Issue Spinaroo Commercial Ltd announced the withdrawal of its proposed preferential issue of shares. The decision follows key board and shareholder approvals related to a share swap intended for the acquisition of Spino Poly Products Private Limited.The company had previously detailed the plan for the issuance and allotment of 7,89,000 Equity Shares on a preferential basis, sourced through a shares swap for the acquisition of Spino Poly Products Private Limited. The Board of Directors initially approved this proposal on February 14, 2026, subject to receiving necessary approvals.Shareholder approval for the proposed issue and allotment of 7,89,000 Equity Shares on a...

Sanchay Finvest Ltd. Board Meeting Scheduled for April 20, 2026 Sanchay Finvest Ltd. has scheduled a Board meeting of its Directors for Monday, April 20, 2026, at 3:00 p.m. The meeting will take place at the company's registered office and is set to consider and approve several key corporate matters.The primary business agenda items slated for discussion include:Confirmation of receiving In-principle Approval under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as conveyed by Bombay Stock Exchange (BSE) via a letter dated April 6, 2026, with reference number LOD/PREF/GB/FIP/23/2026-27. Consideration of the allotment of Equity shares of Rs. 10 each at an issue price of Rs. 10 each...

S.P. Apparels Ltd Issues Corporate Guarantee to Bank for Associate Company Loan S.P. Apparels Ltd on April 6, 2026, issued a corporate guarantee to The Hongkong and Shanghai Banking Corporation Limited. The guarantee, set up as security, pertains to a term loan facility availed by Jumeirah Lanka Pvt Limited, an associate company of the issuer.The total amount covered by the corporate guarantee is Rs. 27,96,26,400/- (Rupees Twenty-Seven Crores Ninety-Six Lakhs TwentySix Thousand Four Hundred Only).The details surrounding this corporate guarantee, which was reported in accordance with regulations, highlight several key aspects of the transaction involving the company's associate.The guarantee is provided to HSBC Bank for the term...

CSB Bank Board to Meet on May 4 to Approve Audited Financial Results for Year Ended March 31, 2026 CSB Bank Ltd has announced that its Board of Directors will convene a meeting on Monday, May 4, 2026. The primary agenda item for the meeting is to consider and approve the audited financial results of the Bank for the quarter and the full financial year ending March 31, 2026.The audited financial results, accompanied by the Audit Report issued by the Joint Statutory Auditors, are scheduled to be submitted following this board meeting.In addition to the financial update, the Bank also issued a notice concerning the trading window for its equity shares. Further to previous advisories regarding the closure of the trading window, the...

Valencia Beverages Forms Manufacturing Agreement with Virchow Laboratories for Juice Portfolio Valencia Beverages, a subsidiary of Valencia Nutrition Limited, has finalized a definitive business agreement with Virchow Laboratories Ltd. This strategic manufacturing accord covers the production of Virchow Laboratories' entire juice product portfolio.The agreement mandates the manufacturing of 8 Stock Keeping Units (SKUs). These variants include Mango, Guava, Apple, Pomegranate, Coconut, Litchi, Banana, and Mixed Fruit. Under the terms established, a committed monthly production volume has been secured, amounting to approximately 15% of the installed capacity at Valencia Beverages Unit II in Hyderabad.This strategic partnership is...

Asston Pharmaceuticals Ltd to Hold Extraordinary General Meeting on April 28, 2026 Asston Pharmaceuticals Ltd, formerly known as Asston Pharmaceuticals Private Limited, announced details regarding an Extraordinary General Meeting scheduled for Tuesday, April 28, 2026. The meeting will be held at 12.30 P.M. via 'Vide Conferencing' or 'Other Audio Visual Means'.For members to participate in the business transacted at the Extraordinary General Meeting, the company has arranged an e-voting facility through National Securities Depository Limited (NSDL).The schedule for the e-voting process is as follows:E-voting StartsE-voting EndsThursday, April 23, 2026, 09:00 AMMonday, April 27, 2026, 05:00 PMFurthermore, the cut-off date...

Piramal Pharma Receives Improved ESG Rating for FY 2024-25 Piramal Pharma Ltd announced that it received an Environment, Social, and Governance (ESG) Rating of '64' for the fiscal year 2024-25. This rating was assigned by NSE Sustainability Ratings and Analytics Limited (NSE Sustainability).The rating marks an improvement from the previous score of 61, reflecting the company's continued dedication to responsible operations and sustainability efforts.The ESG Rating was based on data made available by Piramal Pharma Ltd in the public domain for that year. NSE Sustainability voluntarily prepared the report considering the ESG factors reported by the Company.PPLPHARMA Stock Price Movement At the close of trade today, shares of Piramal...

Saptak Chem And Business Ltd Allots 20,00,000 Equity Shares to Non-Promoter Warrants Holders Saptak Chem And Business Ltd announced that its Board of Directors, in a meeting held on April 06, 2026, approved the allotment of 20,00,000 fully paid-up equity shares. These shares are being allotted on a preferential basis through the conversion of warrants into equity shares.The allotment benefits Akshay Shah HUF, Ms. Jayshree Jain, HMM Consultancy LLP, and Ankush Agarwal HUF, all classified as non-promoter group warrant holders.The details of the warrant conversion are as follows:Sr. No.Name of the AllotteeCategoryNo. of warrants allottedNo. of warrants applied for conversionNo. of warrants Pending for conversion1Akshay Shah...

CARE Ratings Announces Allotment of 1,850 Equity Shares Under ESOP Scheme CARE Ratings Ltd announced the allotment of 1,850 equity shares to its employees, following the approval from the Nomination and Remuneration Committee (NRC) of the Board of Directors. The allotment pertains to the exercise of employee options under the CARE Employee Stock Option Scheme 2020.With the allotment, the face value of each equity share is Rs.10/- and the shares are fully paid up.The increase in the Paid-up Share Capital of CARE Ratings Ltd has been detailed as follows:DescriptionPrevious Capital DetailsNew Capital DetailsPaid-up Share CapitalRs. 30,04,70,130/-Rs. 30,04,88,630/-Total Shares3,00,47,013 equity shares3,00,48,863 equity shares...

Paras Defence Appoints Company Secretary and Compliance Officer Paras Defence and Space Technologies Limited announced the board's approval for the appointment of Ms. Minal Bhate as Company Secretary and Compliance Officer of the Company. The appointment was confirmed effective from April 06, 2026.The board's action followed a recommendation from the Nomination and Remuneration Committee. Ms. Minal Bhate, bearing Membership No.: A20188, has been designated as Key Managerial Personnel.Professional Background Ms. Minal Bhate holds a Bachelor's degree in Law and a Bachelor's degree in Commerce and is a Member of the Institute of Company Secretaries of India (ICSI). She brings over 18 years of experience across the Corporate...

Sahyadri Industries Ltd Reports Independent Director Resignation Sahyadri Industries Limited announced the resignation of Mr. Shrikant Balkrishna Malegaonkar as an Independent Director, effective April 6, 2026. The resignation was submitted due to personal reasons and health issues.Following his departure from the Board, Mr. Shrikant Balkrishna Malegaonkar will also cease to hold memberships and chairmanships in several key company committees, effective the same date. These roles include the Audit Committee, the Corporate Social Responsibility Committee, the Nomination and Remuneration Committee, and the Stakeholder's Relationship Committee of the Company.The details surrounding the change are documented in the company's reports...

IRFC Disburses Rs 1,000 Crore Loan to MAHAGENCO, Starting New Financial Year Indian Railway Finance Corporation (IRFC), a Navratna CPSE operating under the Ministry of Railways, announced the sanction and full disbursement of a Rs 1,000 crore term loan to Maharashtra State Power Generation Company Limited (MAHAGENCO) on April 6, 2026. This initial disbursement marks the start of the company's financial year.The financing support comes shortly after IRFC finalized a loan agreement worth Rs 12,842 crore with Hindustan Urvarak & Rasayan Limited.Manoj Kumar Dubey, Chairman and Managing Director of IRFC, stated that the disbursement is a confirmation of confidence, continuity, and commitment. He emphasized the importance of maintaining...

Titagarh Naval Systems Receives In-Principle Approval for Brownfield Expansion at Falta Titagarh Naval Systems Limited (TNSL), the wholly owned subsidiary of Titagarh Rail Systems Limited, has secured In-Principle Approval from the Ministry of Ports, Shipping and Waterways for its Brownfield Expansion project at Falta, West Bengal. This approval falls under the Government of India's Shipbuilding Development Scheme (SbDS).The project’s viability is supported by recommendations from the 3rd Inter-Ministerial Governing Board of the National Shipbuilding Mission. The expansion initiative is seen as a key move in strengthening India's shipbuilding and maritime manufacturing capabilities, aligning with national goals such as the...

Deep Industries Limited Wins Award from ONGC for Natural Gas Services Deep Industries Limited announced it has secured a Letter of Award from Oil and Natural Gas Corporation Limited (ONGC). The contract involves the hiring of services for Natural Gas Compressor, Gas Dehydration & HC Dew Point Depression at the Malleswaram of ONGC, Rajamundry Asset for a period spanning three years.The total estimated value associated with this contract award is approximately INR 59 crores.The details of the awarded contract have been outlined, specifying that the awarding entity is Oil and Natural Gas Corporation Limited, and the services pertain to Natural Gas Compressor, Gas Dehydration & HC Dew Point Depression for Malleswaram of ONGC, Rajamundry...

DCM Shriram Ltd Receives ESG Rating of 63 for Financial Year 2025 DCM Shriram Ltd has received an ESG Rating of 63 for the Financial Year 2025 from NSE Sustainability Ratings and Analytics Ltd (SRA). The rating indicates that the company demonstrates adequate ESG credentials with modest but positive efforts.The rating was assigned voluntarily by NSE SRA and is noted for the company's performance during the specified financial year.The company operates through several key segments including Shriram Fertilisers & Chemicals, Shriram Alkali & Chemicals, DCM Shriram Sugar, Bioseed, Fenesta Building Systems, and Shriram Cement.Financial and exchange details for the company are as follows:ExchangeSymbolScrip CodeBSE...

GSS Infotech Limited Board Approves Postal Ballot and e-Voting Details The Board of Directors of GSS Infotech Limited held a meeting on Monday, April 06, 2026. During this meeting, the board transacted and approved several key matters pertaining to shareholder engagement and company operations.The board’s decisions included the approval of the Postal Ballot Notice intended for circulation to the company’s shareholders. Additionally, the appointment of Mr. Rupesh Kothari, a Practicing Company Secretary, was approved to serve as the scrutinizer for conducting the postal ballot process.The company also sanctioned the availment of services from National Securities Depository Limited (NSDL) to provide electronic voting e-voting facility...

PDS Limited Secures Strategic Sourcing Mandate with US Value Retailer PDS Limited, the global fashion infrastructure platform, announced it has entered into a Sourcing as a Service (SaaS) contract with a major US-based value retailer. This agreement allows PDS to supply support using its comprehensive end-to-end sourcing capabilities, utilizing its extensive global network covering vendor management, compliance, and supply chain execution.The client is identified as a leading value retail chain operating across both urban and rural markets in the United States. This retailer offers a diverse selection of everyday necessities, including apparel, consumables, home products, and seasonal merchandise, at value price points for a wide...

Sejal Glass Ltd to Host Investor Meeting on April 8, 2026 Sejal Glass Ltd has scheduled an investor meeting for its representatives, focusing on the general business outlook and information available in the public domain.The details for the upcoming meeting have been released, outlining the schedule, participant, and venue for stakeholders.Investor participants are scheduled to meet on Wednesday, April 8, 2026, commencing at 05:30 P.M. (IST) onwards. The meeting is identified as a One-on-one Physical meet, with NABS Vriddhii LLP listed as a participant. The session will take place at Sattva New Heights Pvt Ltd One BKC, Unit No: C-1411, 14th Floor, G Block, Bandra Kurla Complex, Bandra East, Mumbai - 400051.The company confirmed...