Markets

Axis Bank Allots Equity Shares Through ESOP Scheme Axis Bank Ltd has allotted 1,49,462 equity shares of Rs. 2 each on April 7, 2026. This issuance was made pursuant to the exercise of stock options or units under the Bank's ESOP/RSU Scheme.The allocation resulted in an increase in the paid-up share capital of Axis Bank Ltd.Prior to the allotment, the paid-up share capital stood at Rs. 6,216,345,276, representing 3,108,172,638 equity shares of Rs. 2 each. Following the allotment, the paid-up share capital increased to Rs. 6,216,644,200, corresponding to 3,108,322,100 equity shares of Rs. 2 each.The financial figures detailing the change in paid-up share capital are summarized below:MetricBefore AllotmentAfter Allotment...

Innovision Ltd Reports Resignation of Independent Director Sudha Hooda Innovision Ltd announced the resignation of Ms. Sudha Hooda as an Independent Director, effective immediately. The departure was stated to be due to other professional commitments and personal reasons.Ms. Sudha Hooda, bearing DIN-07982504, tendered her resignation via a letter dated April 6, 2026. Concurrently with her resignation as an Independent Director, she will also cease to serve as Chairman and Member of the Audit Committee, and as a Member of the Nomination & Remuneration Committee of the company.The Board of Directors of Innovision Ltd recorded its appreciation for the valuable contribution and guidance that Ms. Sudha Hooda provided during her tenure as...

Kapil Raj Finance Ltd Board Meeting Scheduled for April 14, 2026 Kapil Raj Finance Ltd has scheduled a meeting of its Board of Directors for Tuesday, April 14, 2026. The meeting is set to take place at 10:00 A.M. at the company's Registered office.The primary agendas for consideration during the Board meeting include:To consider and approve the audited financial results of the company for the quarter and year ended on March 31, 2026, along with the auditor's report thereon. Any other matter with the permission of the Chairman of the Meeting.For reference regarding stock exchanges, Kapil Raj Finance Ltd's details are as follows:ExchangeDetailsMetropolitan Stock Exchange of India4 th floor, Vibgyor Tower, Bandra kurla...

Polymac Thermoformers Announces Director Resignation of Jitendra Kumar Modi Polymac Thermoformers Ltd confirmed the resignation of Mr. Jitendra Kumar Modi from the position of Director, effective April 7, 2026. The board recorded this resignation during a board meeting held on the same date.The resignation submission details confirm that Mr. Modi cited personal and unavoidable circumstances as the reason for his departure. He also provided a confirmation stating that there are no other material reasons for his resignation beyond those detailed in his letter.Director Resignation Details The information regarding the cessation of directorships was documented in the company's records.A table summarizing the key details of the...

Praveg Ltd Receives Show Cause Notice from GST Authorities Regarding ITC Utilization Praveg Ltd confirmed the receipt of a Show Cause Notice (SCN) from the Goods and Services Tax (GST) Authorities. The notice, dated March 26, 2026, was received by the Company on April 7, 2026, via email. The action falls under Section 74 of the Central Goods and Services Tax Act, 2017, as read with applicable provisions of the Gujarat Goods and Services Tax Act, 2017 and the Integrated Goods and Services Tax Act, 2017.The matter relates to the financial year 2020-21. According to the details provided, the alleged violation involves the wrongful availment and utilization of inadmissible input tax credit (ITC).A table details the specifics of the...

Sellwin Traders Ltd Announces Resignation of Non-Executive Non-Independent Director Sellwin Traders Ltd confirmed the resignation of Ms. Sonal Amol Loharikar from the position of Non-Executive Non-Independent Director, effective from the close of business hours on April 7, 2026. The Company stated that the departure was due to pre-occupations and other professional commitments.The Board of Directors expressed appreciation for Ms. Loharikar's contributions during her tenure as a Non-Executive Non-Independent Director.Ms. Sonal Amol Loharikar submitted her resignation letter, stating that she could no longer devote the required time and attention to the affairs of the Company due to increasing pre-occupation with other professional...

Karma Energy Ltd to Pay Fine Imposed by BSE Limited for Noncompliance Karma Energy Ltd reports that it has received communication from BSE Limited concerning the levy of a fine due to noncompliance with specific provisions of the Listing Regulations. The fine relates to failures in board composition and maintaining the Stakeholders Relationship Committee (SRC).BSE Limited issued the directive on April 6, 2026. The action taken involves a fine amounting to Rs.580560/-, which includes GST.The core details of the levy are as follows:AuthorityNature and details of the actionDate of ReceiptViolation DetailsBSE LimitedLevy of fine of Rs.580560/- (including GST) for non-compliance with Regulation 17 & 20 of SEBI LODR.06th April...

Harish Textile Engineers Ltd Pays Interest on Old Series NCDs; Redemption Outstanding Harish Textile Engineers Limited announced on April 7, 2026, that it has made the interest payment due on the Old Series-III and Series-IV Non-Convertible Debentures (NCDs). The payment covered the interest up to December 31, 2025.The company stated that while the interest payment was completed on April 4, 2026, the redemption amount and the further interest pertaining to the period from January 1, 2026, to March 31, 2026, for the Series III and Series IV Debentures remain outstanding. Harish Textile Engineers Limited reported that it continues to engage with the Debenture Trustee and the NCD holders regarding a resolution for this matter.The...

Swan Defence Secures Major Order for Dual-Fuel Ammonia Bulk Carriers Swan Defence and Heavy Industries Limited announced that it has secured a new order from Energy ONE Limited, an international entity. The contract involves the construction of four 92,500 DWT dual-fuel ammonia bulk carriers.These vessels are noteworthy as they will represent the first ammonia dual-fuel ships constructed in India and are also among the largest commercial vessels slated for construction at an Indian shipyard. This development marks a significant advancement for both the technological capabilities and the scale of the domestic shipbuilding industry.The execution timeline indicates that the delivery of the first vessel is anticipated in October 2029...

Sonal Mercantile Ltd Appoints Mrs. Nishu as Internal Auditor for 2026-2027 Sonal Mercantile Ltd confirmed the appointment of Mrs. Nishu as the company's Internal Auditor for the financial year 2026-2027 following the board meeting held on April 7, 2026.During the board of directors meeting conducted at the registered office on April 7, 2026, the company approved the appointment of Mrs. Nishu under Section 138 of the Companies Act, 2013.The appointment details confirm that Mrs. Nishu has a Bachelor's degree and possesses extensive knowledge in the fields of finance, accounting, and human resources. The term of her appointment is set for one year, covering the Financial Year 2026-2027, with the date of appointment being 07.04.2026...

SEBI Issues Notice of Demand for Recovery of Dues Related to Illiquid Stock Option at BSE SEBI issued a Notice of Demand on April 7, 2026, concerning Recovery Certificate No. 9079 of 2026, addressed to Anil N. Pacholi, holding Pan No. BWCPP6583Q. The notice pertains to proceedings related to Illiquid Stock Option (ISO) at the BSE.The demand specifies a total sum of Rs.5,16,000/- (Rupees Five Lakhs and Sixteen Thousand Only) owed to SEBI, excluding future interest, costs, charges, and expenses incurred during the recovery process.The breakdown of the dues detailed in the notice is as follows:Description of DuesAmount (In Rupees)Penalty imposed on Anil Pacholi (BWCPP6583Q) by the Adjudicating officer vide Order No...

Prostarm Info Systems Approves Business Realignment and MOU with Shenzhen Topband Prostarm Info Systems Limited announced decisions taken by its Board of Directors during a meeting held on April 7, 2026. The board approved significant operational shifts, including a strategic realignment of its business units, alongside signing a Memorandum of Understanding (MOU) with Shenzhen Topband Co. Ltd. concerning Battery Energy Storage Systems (BESS).The board approved the strategic realignment of business operations aimed at enhancing efficiency and focusing on core business areas. This realignment involves the gradual shifting of the major UPS-related business operations from the Company's Pisoli Unit. These operations, along with the...

Apollo Tyres Announces Independent Director Resignation Apollo Tyres Limited announced the resignation of Mr. Berjis Desai as an Independent Director, effective from the close of business on April 7, 2026. The resignation follows Mr. Desai's appointment as a Member of the National Commission for Minorities, Government of India, New Delhi.Mr. Desai confirmed that his resignation is based solely on his new appointment, stating there were no other material reasons for his departure.Directorship Details of Resigning Director The details regarding Mr. Berjis Desai's directorships held with listed entities were provided in the requisite annexure. His directorships include roles in several companies, detailing his capacity in each...

Vaxfab Enterprises Ltd Allots Equity Shares of Company Following Warrant Conversion Vaxfab Enterprises Ltd announced that its Board of Directors approved the allotment of Equity Shares to investors following the conversion of warrants into fully paid up equity shares on a preferential basis. The board meeting regarding this transaction was held on April 7, 2026.The allotment involved 12,62,229 Equity Shares of the Company, each having a face value of Rs.10 and being issued at a price of Rs. 21.02 per share. These shares are fully paid up upon the conversion of warrants into fully paid up equity shares. The warrants convert into equity shares on a preferential basis to the specified investor(s).The Equity Shares allotted upon the...

Paragon Fine and Speciality Chemical Limited Announces Independent Director Resignation On April 7, 2026, the resignation of Ms. Insiya Qaidjohar Nalawala as a Non-Executive Independent Director of Paragon Fine and Speciality Chemical Limited was noted. Ms. Nalawala tendered her resignation effective from April 7, 2026, citing personal reasons.Paragon Fine and Speciality Chemical Limited maintains its corporate office at 1001/1, Parshwa Towers, B/H Pakwan-II, Judges Bunglows, S. G. Highway, Ahmedabad -380054, Gujarat, India. The company operates from a plant address at SA 8000, Quality Research Craner, and holds certifications including ISO 9001: 2015, ISO 14001: 2015, and ISO 45001: 2018.The company’s operational structure and...

PTC India Financial Services Limited Reports Resignation of EVP Senior Management Personnel PTC India Financial Services Limited announced the resignation of Shri Avijit Kishore from his position as EVP (designated as Senior Management Personnel). The resignation was effective as of April 7, 2026.Shri Avijit Kishore tendered his resignation on April 7, 2026, citing personal reasons. As per company policy, he will serve a notice period of 30 days, with his last working day being May 6, 2026.The details concerning Shri Avijit Kishore's cessation are as follows:ParticularsShri Avijit KishoreReason for changeResignationDate of cessationMay 6, 2026The resignation communication from Shri Avijit Kishore, EVP (Credit)...

Dhabriya Polywood Ltd Purchases Factory Premises for Expansion in Jaipur Dhabriya Polywood Limited has acquired new factory premises to support its future expansion plans, focusing on both capacity enhancement and the addition of new product lines alongside existing product ranges.The industrial property purchased is located at Plot No. B-10(A,D,D1)A, Malviya Nagar Industrial Area, Jaipur - 302017. The premises are described as a factory land and building, admeasuring 2436 sq. meters, and are situated opposite the company's existing factory premises and registered office.The total consideration paid for the new factory site was 22.46 crore. The funding for this purchase was sourced through internal accruals and partial bank funding...

Castrol India Board Meeting Scheduled for April 28, 2026 Castrol India Ltd has scheduled a meeting of its Board of Directors to be held on Tuesday, April 28, 2026. The meeting is planned to consider and approve the unaudited financial results of the company for the quarter that ended on March 31, 2026.The company also provided an update regarding the trading window for the publication of the unaudited financial results for the quarter ended March 31, 2026. The trading window will remain closed from Tuesday, March 31, 2026, through Thursday, April 30, 2026, inclusive.CASTROLIND Stock Price Movement Today, Castrol India Limited shares shed 0.36% in after-hours trading, settling at ₹178.45. The stock saw significant activity today...

GMR Airports Ltd to Participate in HSBC Global Investment Summit 2026 in Hong Kong GMR Airports Ltd, formerly GMR Airports Infrastructure Limited, has scheduled its participation in an investor conference in Hong Kong. The company will attend the HSBC Global Investment Summit 2026.The engagement is set to take place over two days, April 14, 2026, and April 15, 2026. During this summit, GMR Airports Ltd will conduct both One-on-One and Group meetings with several investors.Investors interested in the company's details can review the Investor Presentation, which is available on the company website at https://investor.gmraero.com/.GMRAIRPORT Stock Price Movement Shares of GMR AIRPORTS LIMITED today slipped by 0.34% to settle at...

Wipro Ltd Grants Restricted Stock Units to Employees Wipro Ltd announced on April 7, 2026, the grant of equity compensation to its identified employees under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024.The company issued a total of 7,07,322 units. This comprises 2,51,141 American Depositary Shares Restricted Stock Units and 4,56,181 Restricted Stock Units.This grant is effective starting April 7, 2026. The units are set to vest according to the vesting schedule approved by the Nomination and Remuneration Committee of the Board, and the exercise period is subject to approval by the Committee.WIPRO Stock Price Movement Today, Wipro Limited shares edged higher, closing at ₹204.72, up...