Markets

Glenmark Receives U.S. FDA Approval for Progesterone Vaginal Inserts, 100 mg Glenmark Pharmaceuticals Limited has secured final approval from the United States Food & Drug Administration (U.S. FDA) for Progesterone Vaginal Inserts, 100 mg. The FDA determined that the product is bioequivalent and therapeutically equivalent to the reference listed drug (RLD), Endometrin® Vaginal Inserts, 100 mg, manufactured by Ferring Pharmaceuticals Inc. (NDA 022057). Glenmark's Progesterone Vaginal Inserts, 100 mg will be distributed in the U.S. by Glenmark Pharmaceuticals Inc., USA.Marc Kikuchi, President & Business Head, North America, commented on the launch, stating that the approval for Progesterone Vaginal Inserts, 100 mg, marks an important...

Embassy Developments Reports Strong Q4 Pre-Sales, Totaling INR 4,631 Crore for FY26 Embassy Developments Ltd has reported key operational updates for the quarter ended March 31, 2026 (Q4 FY26), detailing robust performance in pre-sales and significant collections across its projects.For the full fiscal year 2026 (FY26), the company recorded total pre-sales amounting to INR 4,631 crore. This figure represents a 128% year-on-year growth, though it achieved 93% of the Company's guidance of INR 5,000 crore, citing approval delays for a project launch in Bengaluru as the reason for the shortfall.Quarterly performance showed that pre-sales for Q4 FY26 reached approximately INR 2,632 crore, marking the highest quarterly booking performance...

Antony Waste Secures Japanese FDI of ~¥750 Million for Waste-to-Energy Projects in Andhra Pradesh Antony Waste Handling Cell Limited announced a strategic partnership with Japan-based JFE Engineering Corporation for the development of two Waste-to-Energy (WTE) plants in Andhra Pradesh. This investment signifies the first Japanese foreign direct investment (FDI) into India's Waste-to-Energy (WTE) sector and marks JFE Engineering Corporation's entry into India's waste management market.As part of the agreement, JFE Engineering will invest approximately ¥750 million. This capital will be used to acquire a 25% equity stake in Antony Waste's two Waste-to-Energy special purpose vehicles (SPVs), with Antony Waste retaining the remaining 75%...

Premier Energies Secures ₹2,577 Crore Orders in Q4 FY26 for Solar Components Premier Energies Limited has secured orders totaling ₹2,577 crore in the fourth quarter of fiscal year 2026 (Q4 FY26). These orders pertain to the supply of 1,600 MW of solar cells and modules, with execution scheduled across the fiscal years 2027 and 2028.The contracts were sourced from a combination of major domestic Independent Power Producers (IPPs), module manufacturers, and EPC contractors operating within India. This influx of business indicates continued confidence in the company's integrated manufacturing platform and execution capabilities.The increased order book highlights the company's expanding scale. Premier Energies expects its cell capacity...

Sri Lotus Developers Launches 'Luxury Coastline Collection' Brand Campaign Across Mumbai's Coastline Sri Lotus Developers and Realty Limited has announced the launch of its inaugural brand campaign, titled 'Luxury Coastline Collection.' This initiative signals a strategic expansion for the developer beyond its established presence in Juhu and Andheri West, targeting Mumbai's most prestigious coastal micro-markets.The first-of-its-kind venture in India features 11 planned projects situated across several sought-after coastal locations, including Versova, Juhu, Carter Road, Bandstand, Prabhadevi, and Nepean Sea Road. The entire portfolio is slated for completion within the next four years.The collection aims to move beyond standalone...

Enser Communications Limited Addresses Price Movement Query Enser Communications Limited, formerly known as Enser Communications Private Limited, issued a statement on April 8, 2026, regarding a clarification sought by the National Stock Exchange of India Limited concerning price movement.In the statement, the Company asserted that it has consistently made all required disclosures in a timely and accurate manner. The communication affirmed adherence to the principles governing disclosures and obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Enser Communications Limited confirmed that it has not withheld any material information or event that, in the Company's view, could...

Kronox Lab Sciences Limited Addresses Share Price Movement Kronox Lab Sciences Limited issued a statement regarding the movement in the price of its shares, stating that the company has consistently disclosed all material information affecting its operations and performance to the stock exchange.The company asserted that it always discloses all price sensitive information and other necessary details in adherence to the stipulated guidelines for listing requirements.In the statement, Kronox Lab Sciences Limited noted that it is not aware of the reason for the significant movement in the share price. The company attributed the fluctuation in the share price purely to market-driven forces, clarifying that the company's management is in...

Vardhman Polytex Successfully Settles Outstanding Dues with Phoenix ARC Vardhman Polytex Limited, an Oswal Group Company, has reported the full settlement and repayment of all outstanding dues owed to Phoenix ARC Private Limited. The company confirmed that this repayment was executed using the proceeds generated from Non-Convertible Debentures (NCDs) issued by Vardhman Polytex Limited.This payment resolves a previous default that was being reported to the Stock Exchanges on a quarterly basis, thereby curing and resolving the earlier default status.The settlement triggers a write back of approximately Rs. 300 Crore pertaining to previous debt settlement liabilities.VARDMNPOLY Stock Price Movement On Wednesday, Vardhman Polytex...

Euro Pratik Sales Limited Acquires Majority Stake in Elements Trading Co (LLC) Euro Pratik Sales Limited, formerly known as Euro Pratik Sales Pvt. Ltd., has acquired a majority stake in Elements Trading Co (LLC) through its wholly owned subsidiary, EURO PRATIK TRADE - FZCO. The acquisition establishes Elements Trading Co (LLC) as a stepdown subsidiary of the Company.EURO PRATIK TRADE - FZCO acquired a 51% shareholding in Elements Trading Co (LLC) for a consideration of AED 51,000/-. The object of this acquisition is to gain market reach in Dubai.The details pertaining to the acquired entity and the transaction are summarized below.ParticularsDetailsTarget Entity NameElements Trading Co. (LLC)Incorporation Date18 th...

RITES Limited Announces Changes in Senior Management RITES Limited announced updates regarding its senior management structure, detailing transfers and an inclusion of a veteran infrastructure strategist, effective April 8, 2026.The company confirmed that Mrs. Shobhana Palli, who previously served as GGM/Civil & Regional Head-SRPO (part of the Senior Management), has been transferred. She has taken over the charge as Vertical Head/RI & Metro (part of the Senior Management) at the RI Vertical in Gurgaon (Shikhar), effective April 8, 2026.Additionally, Colonel Mahesh Narayan, GGM/Civil, has been transferred from the RI Vertical, Gurgaon, to the SRPO/Bangalore. With this posting, he has taken over the role of Regional Head, Southern...

Saatvik Green Energy Limited Reports Resignation of CFO Saatvik Green Energy Limited announced the resignation of Mr. Abani Kant Jha from the role of Chief Financial Officer (Key Managerial Personnel). The resignation is effective from April 07, 2026.The Company confirmed the change in Key Managerial Personnel. Mr. Abani Kant Jha tendered his resignation from the position of Group Chief Financial Officer of Saatvik Green Energy Limited, with the cessation effective from April 07, 2026.Details regarding the change in leadership are summarized below:S. No.ParticularsDetails1Reason for change viz. resignation, appointment, re-appointment, removal, death or otherwiseResignation of Mr. Abani Kant Jha as Chief Financial Officer, a...

Sansera Engineering Limited Announces Change in Designation for Senior Manager Sansera Engineering Limited confirmed a change in the designation of senior management personnel, effective April 08, 2026. The Board of Directors approved changing Mr. Rahul Kale's designation from Chief Operating Officer (COO) to Chief Executive Officer-Automotive. This change followed a recommendation from the Company's Nomination and Remuneration Committee. Despite the title change, Mr. Kale will continue to report to Mr. B R Preetham, Executive Director & Group CEO of the Company.The details of the appointment and designation change are summarized below:S. No.ParticularsDetails1Name & Designation of Senior Managerial PersonnelName: Mr. Rahul...

Varvee Global Ltd Addresses Share Price Movement Following Exchange Queries Varvee Global Ltd clarified its position regarding recent fluctuations in its share price following requests for information from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).The company stated that it has already intimated to the exchanges all necessary events and information, including all price sensitive information, as mandated under the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Varvee Global Ltd asserted that it has not withheld any information or impending announcement that it believes would impact the price or volume behavior of its scrip.In its...

KEC International Ltd Issues Corporate Guarantee for Subsidiary KEC International Ltd has issued a Corporate Guarantee on April 08, 2026, for its subsidiary company, Al Sharif Group & KEC Limited Company. The guarantee was extended in favor of an overseas bank that has provided banking facilities to the subsidiary.The details of the guarantee are outlined in the firm's official records. The Corporate Guarantee issued carries a value of SAR 125 Million.The financial details regarding this transaction are summarized below:Sr. No.ParticularsDetailsName of the party for which the guarantees or indemnity or surety was givenAl Sharif Group & KEC Limited Company, Subsidiary of the Company.Whether the promoter/ promoter group/...

Transworld Shipping Lines Completes Sale of M.V. SSL Krishna to Avana Logistek Limited Transworld Shipping Lines Limited, formerly Shreyas Shipping & Logistics Ltd, successfully completed the sale of its vessel, M.V. SSL Krishna, on April 8, 2026. The transaction involved the execution of a Protocol of Delivery and Acceptance between the buyer and the seller.The delivery of the vessel took place in Chennai, India. This sale follows previous communication from the company dated March 20, 2026.For market reference, the company's listing details are as follows:ExchangeScrip Code / SymbolBSE520151NSETRANSWORLDThe Company Secretary & Compliance Officer for Transworld Shipping Lines Limited is Namrata Malushte.TRANSWORLD...

Quess Corp Ltd Receives Tax Refunds for Financial Years 2021-22 and 2022-23 Quess Corp Ltd announced receipt of tax refunds from the Joint Commissioner of Income Tax (OSD), Central Circle -2(1), Bengaluru. The orders, passed under Section 154 of the Income Tax Act, 1961, cover refunds for the Financial Years 2021-22 and 2022-23.The Company received two orders granting refunds of Rs. 39.58 Crore for the Financial Year 2021-22 and Rs. 24.23 Crore for the Financial Year 2022-23.The refunds were granted via an Order under Section 154 of the Income Tax Act, 1961, dated March 11, 2026, which was received by the Company on April 08, 2026.The details regarding these tax refunds are summarized below:Financial YearRefund Amount...

Yes Bank Board Meeting Scheduled to Consider Q4 and Year End Results for 2026 Yes Bank Limited announced that its Board of Directors meeting has been scheduled for April 18, 2026, in Mumbai. The meeting is set to consider and approve the Audited Standalone and Consolidated Financial Results for the Quarter (Q4) and the full year ended March 31, 2026.In addition to the financial review, the Bank also provided an update regarding the trading window for its securities. The closure of the trading window for Designated Persons, including their immediate relatives, will remain in effect until two days following the publication of the results.The scheduling of this board meeting is intended to facilitate the review of the bank's financial...

International Conveyors Ltd Acquires Equity Shares of Religare Enterprise Limited International Conveyors Limited has acquired the Equity shares of Religare Enterprise Limited. The acquisition details relate to the company's objective of an Investment Purpose.The transaction involves acquiring 1,40,000 equity shares at a cost of acquisition of 3.13 Crore. The consideration for the acquisition is in the form of Cash Consideration.Key details of the target entity, Religare Enterprise Limited, reveal that the company's turnover as per last audited financials for FY 2024-25 was 7354.236 Cr.The sector for the acquired entity is identified as Investment Company.Acquisition Summary Details The timing for the completion of this...

Kerala Ayurveda Ltd States Share Price Movement is Purely Market Driven Kerala Ayurveda Ltd issued a statement on April 8, 2026, addressing inquiries regarding significant price movements in the company's equity shares. The company affirmed that it has consistently adhered to disclosure requirements pertaining to operational performance and any price sensitive information.The company confirmed that no material information or event, in the company's view, has been withheld that could affect the price or volume behavior of its shares. Kerala Ayurveda Ltd noted its ongoing commitment to making disclosures to the Stock Exchanges as any event or information necessitating such disclosure arises.The management stated that the movement...

Lux Industries Ltd States No Price Sensitive Information Driving Security Movement Lux Industries Ltd confirmed that there is no undisclosed or price sensitive information, nor any impending corporate action, that needs to be reported to the Stock Exchanges regarding recent price movements in its securities. The company stated that it remains in compliance with Regulation 30 and other applicable regulations concerning disclosures.The company addressed a request seeking clarification on the significant price movement of Lux Industries Limited's security on the Exchanges. While acknowledging a recent increase in the price of the security, Lux Industries Ltd reported that, in its view, there is nothing at this time that bears on the...