Markets

Narmada Agrobase Ltd. Receives Administrative Warning Letter from SEBI Narmada Agrobase Ltd. announced on April 2, 2026, that it received an administrative warning letter from the Securities and Exchange Board of India (SEBI) via email dated April 1, 2026.The warning pertains to non-compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically concerning the company's failure to update the "Policy for Determination of Materiality" within the required timelines. This constitutes a violation of Regulation 30 (4)(ii) of the LODR Regulations.Narmada Agrobase Ltd. stated that it has taken the warning seriously and initiated internal measures to strengthen its...

Baazar Style Retail Limited Allots Equity Warrants, Appoints Internal Auditor Kolkata, April 2, 2026 – Baazar Style Retail Limited announced the allotment of 1,01,00,000 (One Crore One Lakh) equity warrants on a preferential basis and the appointment of KPMG Assurance and Consulting Services LLP as the company’s Internal Auditor.The company’s Board of Directors approved the allotment of the warrants at an issue price of ₹ 328.25 per share. Cupid Limited, a non-promoter Body Corporate, subscribed to the entire offering, amounting to ₹ 82,88,31,250. Each warrant is convertible into one equity share with a face value of ₹ 0.05 within 18 months.The Board also approved the appointment of KPMG Assurance and Consulting Services LLP as the...

PNB Housing Finance Discloses Divergence in Asset Classification for FY2023 PNB Housing Finance Ltd. (PNBHFL) announced on April 2, 2026, that it received communication from the National Housing Bank (NHB) concerning a divergence in asset classification and provisioning for the financial year ended March 31, 2023. The disclosure, advised for inclusion in the company’s balance sheet notes, relates to two corporate/project finance loan accounts.According to the NHB’s assessment, the total gross non-performing assets (GNPA) increased by Rs. 933.58 crore, resulting in a total GNPA of Rs. 3204.94 crore as of March 31, 2023. This figure is higher than the Rs. 2271.36 crore reported in the company’s balance sheet.The divergence stemmed...

RBL Bank Limited Allots Shares Under Employee Stock Option Scheme RBL Bank Limited announced the allotment of 2,33,903 equity shares to eligible employees on April 2, 2026, following the exercise of vested stock options under the bank’s Employee Stock Option Scheme(s).The allotment has increased the bank’s paid-up share capital from 61,81,11,404 equity shares with a face value of Rs. 10 each, totaling Rs. 618,11,14,040, to 61,83,45,307 equity shares with the same face value, now aggregating to Rs. 618,34,53,070.Source:

G R Infraprojects Limited Secures EPC Agreement for Railway Project G R Infraprojects Limited announced the execution of an Engineering, Procurement and Construction (EPC) Agreement for a new railway line project in Madhya Pradesh. The agreement was finalized on April 2, 2026, with West Central Railway.The project involves the construction of a new railway line from Km 124/400 to 165/380 between Bahari and Gondawali stations. Work includes earthwork, minor and major bridges, viaducts, a Road Under Bridge (RUB/LHS), a station building, tunnels, track work, and other associated works, all part of the Sidhi-Singrauli new Rail link project.The project’s bid project cost is 1897.51 Indian Rupees. The completion period is 900 days from...

Kokuyo Camlin Limited Receives Rectification Order Regarding Income Tax Demand Kokuyo Camlin Limited announced on April 2, 2026, that it received a rectification order from the Office of the Deputy Commissioner of Income Tax Circle 2(1)(1), Mumbai. The order modifies a previous reassessment order concerning Assessment Year 2018-19.Previously, on March 23, 2026, the company disclosed receipt of a reassessment order dated March 20, 2026, for Assessment Year 2018-19, resulting in a demand of Rs. 162.97 crore. Following a rectification application and subsequent follow-up, the Income Tax Department issued a rectification order on March 30, 2026, which revised the demand.The revised demand has been reduced from Rs. 162.97 crore to Rs...

Hindustan Unilever to Announce Fiscal Year 2026 Results on April 30th Hindustan Unilever Limited announced that its Board of Directors will meet on April 30, 2026, to review the audited standalone and consolidated financial results for the quarter and fiscal year ended March 31, 2026. The board will also consider a recommendation for a final dividend, if any, for the fiscal year.The company will release the audited financial results and dividend details following the board meeting and will make a public announcement. Hindustan Unilever will also host a presentation for analysts and investors on April 30, 2026, after the board meeting.Hindustan Unilever Limited is listed on the BSE under the stock code 500696 and on the NSE as...

Aditya Birla Fashion and Retail Ltd. Announces Resignation of Nominee Director Aditya Birla Fashion and Retail Ltd. (ABFRL) announced the resignation of Non-Executive Nominee Director, Pankaj Sood, effective April 2, 2026. Sood’s resignation, with Director Identification Number (DIN) 05185378, is attributed to increasing professional responsibilities.According to a filing, the resignation was tendered in a letter dated April 2, 2026.Details of the Resignation:ParticularsDetailsReason for changeResignation due to increased professional responsibilities.Date of CessationApril 2, 2026.Sood expressed gratitude for the opportunity to serve ABFRL and noted his anticipation for the company’s continued growth and success. The...

Texmaco Rail & Engineering Limited Receives Order from West Central Railway Texmaco Rail & Engineering Limited, an Adventz Group company, announced it has received an order from West Central Railway. The order, valued at Rs. 0.93 crore, is a developmental order for 38 Bogie frames designed for ICF coaches.The order is expected to be executed within 90 days from the date of issuance. The value of the order is Rs. 0.93 crore, excluding taxes.According to company disclosures, neither the promoter group nor any group companies have any interest in West Central Railway. The order does not constitute a related party transaction.Sl. NoParticularsDetails1Name of the entity awarding the order(s)/contract(s)West Central Railway...

National Aluminium Company Limited Announces Departure of Board Member National Aluminium Company Limited announced the cessation of Shri Sanjay Lohiya's role as a Part-time Official Director on its Board, effective April 1, 2026. The change is due to his new assignment as Special Secretary, Department of Financial Services, Ministry of Finance.Shri Lohiya, who previously held the position of Additional Secretary, Ministry of Mines, was relieved of his duties within the Ministry through Office order No. A-22012/1/2021-ESTT dated April 1, 2025.The change is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Source:

Hindustan Copper Reports Production Increase for Fiscal Year 2025-26 Hindustan Copper Limited announced provisional production figures for fiscal year 2025-26, indicating a rise in both metal in concentrate and ore production compared to the previous year.The company’s metal in concentrate (MIC) production reached 27,421 tonnes, representing a 9% increase year-over-year. Ore production totaled 3.67 million tonnes, a 6% increase compared to the prior fiscal year.These figures are considered provisional and reflect the company's operational performance for the period.Source:

Capacite Infraprojects Receives Order from Appellate Authority Regarding GST Proceedings Capacite Infraprojects Limited announced on April 2, 2026, that it received an order from the Deputy Commissioner of State Tax, Appellate Authority. The order pertains to GST proceedings initially raised by the Assistant Commissioner of State Tax - Maharashtra in a July 30, 2021 order.The Appellate Authority upheld the previously disclosed demands, involving the same amount as initially assessed. The company has previously accounted for these amounts as contingent liabilities and notes that there is no immediate financial impact.Capacite Infraprojects intends to file an appeal before higher appellate forums within the prescribed timelines. The...

Shelter Pharma Receives Positive Customer Feedback on Product Range Shelter Pharma Limited announced on April 2, 2026, that its products are receiving encouraging and positive feedback from customers across the domestic market. The feedback highlights customer satisfaction with the quality, effectiveness, and overall experience of the company’s product range, including “FitKick Pro” and other offerings.Shelter Pharma, a GMP and ISO-certified manufacturer of Ayurvedic and herbal healthcare products for human and veterinary segments, believes this positive response may favorably impact its brand value and business growth. The company operates from Himatnagar, Gujarat, and has a legacy spanning over six decades with a portfolio of more...

Punjab & Sind Bank Reports Strong Provisional Business Figures for Fiscal Year 2026 Punjab & Sind Bank announced provisional business figures for the fiscal year ending March 31, 2026, demonstrating significant year-over-year growth. The figures, released on April 2, 2026, indicate a robust performance across key banking metrics.Total business for the period reached ₹2,63,750 crore, reflecting a 14.98% increase compared to ₹2,29,379 crore in the fiscal year ending March 31, 2025.Total deposits rose to ₹1,45,830 crore, up 12.37% from ₹1,29,774 crore in the previous year. CASA deposits amounted to ₹44,873 crore, a 10.01% increase year-on-year, while the CASA ratio stood at 30.77%.Gross advances experienced a considerable surge...

Adani Ports Handles Record Cargo Volumes, Surpasses 500 MMT Milestone in FY26 Adani Ports and Special Economic Zone Ltd (APSEZ) announced record cargo handling figures for March 2026 and the fiscal year 2026. The company reported handling its highest-ever monthly cargo volume of 46 million metric tonnes (MMT) in March 2026, a 11% year-over-year increase, largely fueled by a 14% year-over-year rise in container volume.For the full fiscal year 2026, APSEZ handled 500.8 MMT of cargo, marking an 11% year-over-year increase and led by a 19% year-over-year increase in container volume.Container traffic at the Container Terminal W1 (CWIT) reached a significant milestone, handling 1.06 million twenty-foot equivalent units (TEUs) in FY26...

Suntech Infra Solutions Receives Work Order Valued at INR 6.86 Crores Suntech Infra Solutions Ltd. announced it has received a work order from Linde Engineering India Pvt. Ltd. for piling work. The order, received April 1, 2026, is valued at INR 6.86 Crores and is expected to be completed within three months.According to details released, the work order requires adherence to all statutory compliances, safety norms, and quality standards. Suntech Infra Solutions confirmed that neither the entity awarding the order nor any related parties have any interest in Suntech Infra Solutions.ParticularsDetailsEntity Awarding OrderLinde Engineering India Pvt. Ltd.Nature of WorkPiling WorkOrder ValueINR 6.86 CroresExecution...

DCM Shriram International Ltd. Receives Credit Ratings from CARE Ratings DCM Shriram International Ltd. announced today, April 2, 2026, that CARE Ratings Limited has assigned credit ratings to the company’s financial instruments. The ratings were provided in a letter dated April 2, 2026.CARE Ratings has assigned a “Care A- ; Stable” rating to the company's long-term bank facilities totaling 125.44 Crore Rupees. Additionally, a “Care A2+” rating was assigned to the company's short-term bank facilities amounting to 127.22 Crore Rupees. The company’s fixed deposits also received a “Care A- ; Stable” rating, with a value of 15 Crore Rupees.Facility /InstrumentAmount (Rs. Crore)Rating AssignedRating ActionLong -term Bank...

PAE Limited Schedules Board Meeting, Considers Audited Results and Bonus Share Issue PAE Limited announced a board of directors meeting scheduled for April 9, 2026, at the corporate office. The meeting's agenda includes reviewing and approving the standalone audited financial results for the fourth quarter and fiscal year ended March 31, 2026, alongside the audit report.The board will also consider a proposal to recommend a final dividend for the financial year concluded on March 31, 2026. A key item on the agenda is the potential issuance of bonus shares to public shareholders. This initiative aims to satisfy minimum public shareholding requirements stipulated by rule 19A of the Securities Contracts (Regulation) Rules, 1957...

Firstsource Solutions Recognized as Leader by Everest Group and NelsonHall in 2026 Healthcare Payer Assessments Mumbai, India | April 02, 2026: Firstsource Solutions Limited (NSE:FSL, BSE:532809), an RP-Sanjiv Goenka Group company, has been recognized as a Leader in both the Everest Group Healthcare Payer Intelligent Operations PEAK Matrix® Assessment 2026 and NelsonHall 's Healthcare Payer Agility & Innovation NEAT Evaluation 2026.The Everest Group assessment, which evaluated 33 providers globally, highlighted Firstsource’s market impact, vision, and delivery capability across payer back-office intelligent operations. Key factors contributing to the recognition include double-digit revenue growth driven by BPaaS and intelligent...

Narayana Hrudayalaya Limited Holds Shareholder and Creditor Meetings Regarding Scheme of Arrangement Narayana Hrudayalaya Limited convened meetings of its equity shareholders, secured creditors, and unsecured creditors on April 2, 2026, to consider and approve a Scheme of Arrangement between NH Integrated Care Private Limited (the Demerged Company) and Narayana Hrudayalaya Limited (the Resulting Company). The meetings were held via video conferencing and other audio-visual means at 10:00 A.M., 11:30 A.M., and 12:30 P.M. respectively.Shri Theerthesh B S, appointed as Chairman of the meetings by the Hon'ble National Company Law Tribunal (NCLT), presided over the proceedings. Smt. Manali Shah, PCS, served as the Scrutinizer for the...