Markets

Shivagrico Implements Ltd Addresses Share Price Movement with Market Conditions Explanation Shivagrico Implements Ltd stated that the movement in the company's share price is primarily due to market conditions. The company confirmed that it is in compliance with SEBI (LODR) Regulations, 2015, and has promptly informed the Stock Exchange regarding all events and information that may affect the company's operations or performance.The company asserted that it has not withheld any information or events that would impact the price behavior of the company's scrip, as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The company stated that the price movement is generally market...

Prostarm Info Systems Announces Strategic Realignment of Business Units Prostarm Info Systems Limited announced a strategic realignment of its business operations following a Board of Directors meeting held on April 07, 2026. The stated aim of the realignment is to enhance operational efficiency, optimize resource utilization, and strengthen the company's focus on core business areas.As part of this internal reorganization, the major UPS related business operations currently managed by the Company Unit, including those of its Wholly Owned Company, Prostarm Energy Systems Private Limited, will be gradually shifted to the Company's unit located in Bakrol, Gujarat.The company provided details regarding the unit operations for the...

Prostarm Info Systems to Collaborate on BESS Manufacturing with Shenzhen Topband Co. Ltd. Prostarm Info Systems Limited announced on April 7, 2026, that its Board of Directors approved signing a Memorandum of Understanding (MOU) with Shenzhen Topband Co. Ltd. This collaboration aims to establish a strategic alliance for the exclusive cooperation in the Battery Energy Storage System (BESS) manufacturing sector.The proposed MOU outlines a collaborative framework between Prostarm Info Systems Limited and Shenzhen Topband Co. Ltd., a limited liability company incorporated under the laws of the People's Republic of China.Under this framework, the roles of the partnering entities are clearly defined. Shenzhen Topband Co. Ltd. will be...

Amic Forging Ltd CFO Resigns Due to Personal Reasons Amic Forging Ltd has announced the resignation of Mr. Priyankar Ghosh, the company's Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective from April 1, 2026. The departure is attributed to personal reasons.The company confirmed that it is currently in the process of appointing a suitable candidate to fill the CFO and KMP position.Mr. Ghosh submitted his resignation letter stating his resignation from the post of Chief Financial Officer of Amic Forging Ltd with effect from 01.04.2026 on personal reasons. He confirmed that there are no other reasons apart from those mentioned in his resignation letter.For official records, the following key details regarding...

Prostarm Info Systems Ltd Signs MOU with Shenzhen Topband for BESS Manufacturing Collaboration Prostarm Info Systems Ltd has entered into a Memorandum of Understanding (MOU) with Shenzhen Topband Co. Ltd, a limited liability company incorporated under the laws of the People's Republic of China. The agreement aims to establish a strategic and collaborative framework for exploring an Exclusive Cooperation under Battery Energy Storage System (BESS) manufacturing.The MOU outlines a partnership where TOPBAND will provide Semi-Knocked Down (SKD) BESS kits, along with necessary technology and technical know-how. Prostarm Info Systems Ltd will manage the local assembly, integration, and subsequent commercialization of these systems within...

Prostarm Info Systems Secures Sub-Contract for 50 MWac Solar PV Power Project in Maharashtra Prostarm Info Systems Limited has received a Letter of Award (LOA) positioning the company as a sub-contractor for the complete Engineering, Procurement and Construction (EPC) works for a 50 MWac Solar PV Power Project in Maharashtra. This project is associated with Maharashtra State Power Generation Company Limited (MAHAGENCO).The total order value secured is approximately ₹165 Crores (Rupees One Hundred Sixty-Five Crores only), excluding GST. The LOA was accepted on April 07, 2026.The contract entails the execution of complete EPC works on a turnkey basis. Crucially, the scope of work excludes three years of Operation & Maintenance (O&M)...

MBL Infrastructure Ltd Announces Board Meeting on April 11, 2026 MBL Infrastructure Ltd announced a meeting of its Board of Directors scheduled for Saturday, April 11, 2026. The board is set to consider several key resolutions concerning the company's future structure and capital raising.The agenda for the board meeting includes considering a proposal for obtaining shareholder approval regarding the raising of funds. This financing could involve the issuance of securities, denominated either in Indian Rupee or foreign currency, through various methods. These methods include public issue, private placement (including qualified institutions placement), or any other mode permitted under the Companies Act, 2013 and/or SEBI Regulations...

Prostarm Info Systems Secures ₹165 Crores Sub-Contract for 50 MWac Solar PV Project in Maharashtra Prostarm Info Systems Limited announced on April 07, 2026, that it has secured a Letter of Award (LOA) to function as a sub-contractor for a significant renewable energy project. The contract involves the execution of complete Engineering, Procurement and Construction (EPC) works for a 50 MWac Solar PV Power Project located in the State of Maharashtra.The project was awarded under a larger initiative managed by the Maharashtra State Power Generation Company Limited (MAHAGENCO). Solarium Green Energy Limited awarded the contract to Prostarm Info Systems Ltd. The total order value for the EPC works is approximately ₹165 Crores (Rupees One...

Innovision Ltd Independent Director Sudha Hooda Resigns Innovision Ltd confirmed the resignation of its Independent Director, Ms. Sudha Hooda, effective April 6, 2026. The resignation was tendered due to other professional commitments and personal reasons.Ms. Sudha Hooda's departure means she will also cease to serve as the 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 noted its appreciation for Ms. Sudha Hooda's valuable contribution and guidance during her tenure as an Independent Director.The details surrounding the change in directorship are summarized below:Sr.No.ParticularsDescription1Name and DINSudha...

Embassy Office Parks REIT Approves Issuance of Commercial Papers The Board of Directors of the Manager of Embassy Office Parks REIT has approved the issuance of listed, rated, redeemable, transferable, rupee denominated Commercial Papers (CPs).The Debenture Committee of the Board of Directors of the Manager held a meeting on April 07, 2026. During this meeting, the committee approved the issuance of Commercial Papers for an aggregate amount of ₹1,100 Crores.The issuance is structured in two tranches under the CP Tranche X Issue:CP Tranche X Issue A: ₹650 Crores, with a tenure of 347 days from the deemed date of allotment. CP Tranche X Issue B: ₹450 Crores, with a tenure of 342 days from the deemed date of allotment.This approval...

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...