Markets

Filatex Fashions Ltd. Board Approves USD 100 Million FCCB Offering, Share Capital Increase Filatex Fashions Ltd. announced on April 3, 2026, that its Board of Directors approved a proposal to raise funds through the issuance of Foreign Currency Convertible Bonds (FCCBs) for an aggregate amount not exceeding USD 100 million, in one or more tranches. The issuance is subject to member approval and receipt of statutory and regulatory approvals. The company has also formed an FCCB Committee to oversee the issuance process.The Board also approved an increase in the Authorized Share Capital of the company from ¥ 8,50,00,00,000 to ¥ 10,00,00,00,000.Additionally, the Board approved a proposal to provide loans, guarantees, security, and/or...

Manali Petrochemicals Receives Industrial Tribunal Award Manali Petrochemicals Limited announced on April 3, 2026, that it received an award from the Industrial Tribunal, Chennai, dated November 25, 2025, concerning an industrial dispute case filed by 12 employees.The dispute involves a wage disagreement related to the fiscal years 2020-21 and 2021-22, stemming from employment-related actions taken by the company in fiscal year 2019-20 concerning the 12 employees.The Tribunal has ordered the company to pay approximately Rs. 1.11 crore in wages and compensation to the employees. Manali Petrochemicals is currently reviewing the award and will pursue legal counsel’s advice regarding appropriate action.According to the company, the...

Neeraj Paper Marketing Ltd. Sells Immovable Property for Rs. 60 Lakhs Neeraj Paper Marketing Ltd. (NPML) announced on April 3, 2026, that it has agreed to sell an immovable property located at 217, Agarwal Prestige Mall, Plot no. 2, Community Center, along Road no. 44, Pitampura, New Delhi - 110034, to Mrs. Leena Gupta D/o Kundan Lal Agarwal. The consideration for the sale is Rs. 60 lakhs.The company stated that the sale is not expected to impact its operations. The property generated rental income of Rs. 2,10,000 per annum, contributing 0.010% to the company's total income. The completion of the sale is expected within 10-15 days.Mrs. Leena Gupta D/o Kundan Lal Agarwal, the buyer, is not affiliated with the company's promoters...

YES BANK Receives Revised ESG Rating from NSE Sustainability YES BANK Limited announced on April 3, 2026, that it has received a revised Environmental, Social, and Governance (ESG) rating of ‘77’ – Leader Category – from NSE Sustainability Ratings & Analytics Ltd (NSE Sustainability) for the fiscal year 2024-25. This revision represents a slight decrease from the previous rating of ‘78’ – Leader Category – assigned in December 2025. The bank’s ESG rating was ‘76’ for the fiscal year 2023-24.NSE Sustainability independently assigned the rating based on publicly available disclosures from YES BANK. The bank has not engaged NSE Sustainability for ESG ratings.Additional information is available on the bank’s website at www.yes.bank.in...

Borosil Restores Production to Normal Capacity Following LPG Supply Resolution Borosil Limited announced on April 3, 2026, that production at its Borosilicate Glass Furnace for Pressware Products and Opal Glass Furnaces in Jaipur, Rajasthan, has been fully restored to normal capacity. This follows a previous disruption reported on March 11, 2026, stemming from restrictions in LPG supply due to a force majeure situation related to the ongoing conflict in the Middle East and its impact on global fuel supplies.The company has secured LPG supplies from Oil Marketing Companies (OMCs), allowing operations to resume. The continuation of operations remains contingent on the availability of sufficient LPG.Borosil expressed appreciation for...

Ad-Manum Finance Ltd. Announces Departure of CEO and Whole-Time Director Ad-Manum Finance Limited announced that Dharmendra Agrawal has resigned from his position as Whole-Time Director & CEO, effective April 3, 2026. Agrawal confirmed that his resignation is for personal reasons.According to a filing, Agrawal also stepped down as Chairman & member of the Corporate Social Responsibility committee.Here’s a summary of the details regarding Agrawal’s departure:S. No.ParticularsDisclosures1Name of DirectorMr. Dharmendra Agrawal (DIN: 08390936)2Reason for changeResignation from the position of Whole-Time Director & CEO, with effect from closure of working hours on April 03, 2026.3Date of appointment/cessationWith effect from...

Emerald Finance Ltd. Partners with Fine Art Scale Models to Offer Early Wage Access Emerald Finance Ltd. announced a partnership with Fine Art Scale Models Pvt. Ltd. on April 3, 2026, to provide an Early-Wage-Access program to the employees of the New Delhi-based company.The program enables employees to access portions of their salaries throughout the month, offering instant financial relief. Emerald Finance Ltd. has been developing a salary advance solution as part of its strategy to expand offerings and serve a broader retail customer base. The product involves offering short-term loans as salary advances, with repayment collected through salary deductions.Source:

Bharti Airtel Limited Receives Penalty Notice from Department of Telecommunications Bharti Airtel Limited announced on April 3, 2026, that it received a notice from the Department of Telecommunications, Uttar Pradesh (East) LSA (DoT), concerning a penalty for alleged violations of subscriber verification norms.The DoT imposed a penalty of Rs. 1,09,000. The notice, received on April 2, 2026, stems from a Customer Application Form Audit (CAF Audit) conducted for January 2026. The audit reportedly revealed violations of the terms and conditions related to subscriber verification under the License Agreement.According to the DoT, Bharti Airtel Limited is obligated to ensure adequate verification of customers before enrollment, adhering...

Omax Autos Limited Restores IT Systems Following Ransomware Attack Omax Autos Limited announced on April 3, 2026, that it has completed the restoration of its IT infrastructure following a ransomware attack. The company had previously disclosed the suspected cyber security incident on March 27, 2026.According to an internal investigation conducted by Omax Autos’ IT team and external cyber security experts, the company’s critical IT systems, applications, and operational functionalities have been fully restored and are operating normally.The investigation confirmed that the attack did not have a material impact on the company’s core systems, operations, or business continuity. Assessments completed to date indicate that no sensitive...

Jai Balaji Industries Limited Receives ESG Rating of 57 for Fiscal Year 2025 Jai Balaji Industries Limited announced today that NSE Sustainability Ratings & Analytics Limited ("NSE Sustainability") has assigned an Environmental, Social, and Governance (ESG) rating of 57 for the fiscal year 2025.The rating reflects the company's performance across environmental, social, and governance parameters, as assessed by the rating agency, based on publicly available information. Jai Balaji Industries Limited clarified that it did not engage NSE Sustainability for this rating or report.Ajay Kumar Tantia, Company Secretary, confirmed the rating.Source:

NOCIL Limited Initiates Trial Batches for Capacity Enhancement Project NOCIL Limited has commenced trial batches at its Dahej facility as part of a previously announced capital expenditure project. The project, approved on March 26, 2024, involves an investment of up to 250 Crore for rubber chemicals capacity enhancement.Following trial runs, samples will be dispatched to customers for approval. The company will provide a separate announcement regarding the commencement of commercial production at a later date.The Bombay Stock Exchange Limited and The National Stock Exchange of India Limited have been notified. NOCIL’s scrip code on the Bombay Stock Exchange is 500730, and the symbol on the National Stock Exchange is NOCIL.Source:

Interworld Digital Ltd. Discloses Loan Defaults Interworld Digital Ltd. (NSE: INTERDIGI, Scrip Code 532072) reported defaults on loan repayments as of March 31, 2026, according to a filing.As of March 31, 2026, the company had outstanding loans and revolving facilities totaling 0.06 INR Crores, with a default amount of 0.06 INR Crores. The company's total financial indebtedness, including short-term and long-term debt, amounted to 1.61 INR Crores.A detailed breakdown of outstanding loans is provided below:ParticularsOutstanding Amount (Principal and Interest) as on 31.03.2026 (Rs. In Crores)Loan against vehicle from Kotak Mahindra Bank0.01Other Short Term Unsecured Loans1.55Outstanding loan1.56Interest and other...

Capital Small Finance Bank Limited to Host Earnings Conference Call Capital Small Finance Bank Limited announced it will hold an earnings conference call with analysts and investors on Wednesday, April 29, 2026, at 4:00 p.m. IST. The conference will discuss the bank’s financial and operational performance for the fourth quarter and fiscal year 2026. Senior management, including Managing Director & CEO Mr. Sarvjit Singh Samra, Executive Director Mr. Munish Jain, and Chief Financial Officer Mr. Aseem Mahajan, will participate. Other participants include Mr. Raghav Aggarwal, Mr. Sahil Vijay, and Ms. Bharti Babutta.Investors can access the conference call using the following dial-in numbers:Access NumbersAccess NumbersPrimary...

INS Taragiri Commissioned into Indian Navy, Strengthening Maritime Capabilities Mazagon Dock Shipbuilders Limited (MDL) announced the formal commissioning of INS Taragiri, an indigenously built stealth frigate, into the Indian Navy on Friday, April 3, 2026, at Visakhapatnam. The commissioning ceremony was presided over by Raksha Mantri Shri Rajnath Singh.INS Taragiri represents a significant advancement in India’s indigenous warship design and construction, serving as the third ship in the Project 17A series. The basic design was developed by the Indian Navy's Warship Design Bureau, with detailed design and construction undertaken by MDL in Mumbai, overseen by the Warship Overseeing Team.The frigate, measuring 149.02 meters in...

MOIL Limited Revises Manganese Ore Prices for April 2026 Nagpur – MOIL Limited, a Government of India enterprise, announced price adjustments for various grades of manganese ore, effective April 1, 2026. The changes affect Ferro grades, SMGR, Fines, and Chemical grades, impacting prices for the month of April 2026.According to the announcement, Ferro grades of manganese ore containing 44% or more manganese content have seen a 15% price increase compared to rates in effect since March 1, 2026. Other Ferro grades with manganese content below 44% have experienced a 17.5% price increase over the same period.SMGR (Mn-30%), SMGR (Mn 25%), and Fines grades have also been increased by 17.5% from prices in place since March 1, 2026...

ARCL Organics Ltd. Acquires Assets from Angel Resins Kolkata – April 3, 2026 – ARCL Organics Ltd. has entered into a definitive agreement with Vishvam Formalin, Angel Resins, and Mr. Hasmukhbhai Patel and Mr. Sandeep Patel, resulting in the acquisition of assets from Angel Resins.Under the agreement, Mr. Sandeep Patel and Mr. Hasmukhbhai Patel have executed a sale deed in favor of ARCL Organics Ltd., and ARCL Organics Ltd. has taken possession of the plant and machinery of Angel Resins located at Survey No: 357 and 358, Village - Kadadra, Zak-Kadadra Road, Ta-Dehgam, District Gandhinagar, Gujarat - 382305. The acquired assets consist of land, industrial plant, machinery, and related equipment currently engaged in the manufacture of...

Ecoboard Industries Ltd. Receives Work Order Worth Rs. 495 Lakhs Ecoboard Industries Ltd. announced that it has received a work order and signed an agreement with Betul Biofuel Private Limited on April 2, 2026. The order is valued at Rs. 4,95,00,000.The order is for an Engineering, Procurement, Manufacture, Fabrication, Supply, Transportation, Erection and Commissioning of G TPD CBG Plant. The project is to be executed within 5 months, with an additional grace period of 15 days from the date of the Letter of Intent.The entity awarding the order is a domestic entity, and neither the promoter group nor group companies have any interest in Betul Biofuel Private Limited. The order does not fall under related party transactions.Below...

Typhoon Holdings Limited Appoints Additional Director, Announces Resignation of Existing Director Typhoon Holdings Limited announced several board changes on Friday, April 3, 2026. The company’s board appointed Ms. Geeta Jonwal as an Additional Director in the Non-Executive Independent Director category, effective April 3, 2026, for a five-year term subject to regulatory and shareholder approval. Ms. Jonwal possesses over three years of experience in the agri-commodities sector and has expertise in marketing of agro products. She has no existing relationships with other directors and is not debarred from holding a director position.Simultaneously, Ms. Shvetalben Sagarbhai Dataniya resigned from her position as Independent Director...

Shankara Buildpro Surpasses FY26 Volume Target, Achieves 32% Year-on-Year Growth Bengaluru, India, April 3, 2026: Shankara Buildpro Limited, a leading building materials marketplace in India, announced it has exceeded its FY26 volume target of 1 million tonnes (10 lakh tonnes). The company achieved a total volume of 10.2 lakh tonnes for the financial year ending March 31, 2026, marking a 32% year-on-year growth compared to 7.7 lakh tonnes in FY25.This milestone underscores the effectiveness of Shankara Buildpro’s marketplace strategy, portfolio expansion, and distribution network across new geographies."Crossing the coveted 1 million tonne mark in FY26 is a milestone we set for ourselves and are proud to have delivered it, and then...

Global Pet Industries Limited Invests in Advanced Manufacturing Machinery Global Pet Industries Limited has made a strategic investment in advanced mould manufacturing machinery to enhance its production capabilities. The investment aims to improve operational efficiency, increase production capacity, and strengthen the company's position in high-speed PET packaging solutions.The company states that this investment is part of ongoing capacity expansion and technological upgradation initiatives. The move reinforces a commitment to precision engineering and faster delivery timelines.Source: