Markets

Sri Lotus Developers and Realty Ltd Makes Initial Subscription Investment in Wholly Owned Subsidiaries Sri Lotus Developers and Realty Limited announced on April 07, 2026, that it has completed an investment in its Wholly Owned Subsidiaries through the initial subscription to share capital, effective March 04, 2026. This development marks the expansion of the company's business within the Real estate sector.The details of the investment across the five subsidiary entities are detailed below.Subsidiary NameAuthorized CapitalPaid up CapitalSri Lotus Elegancia Realty Private LimitedRs. 10,00,000/- (Rupees Ten Lakhs only)Rs. 10,00,000/-Sri Lotus Legacy Realty Private LimitedRs. 10,00,000/- (Rupees Ten Lakhs only)Rs. 10,00,000/-...

Mangal Credit and Fincorp Ltd to Open New Branch in Rajasthan Mangal Credit and Fincorp Ltd announced the inauguration of a new branch in the state of Rajasthan. The company confirmed that the new operational unit will commence activities on April 8, 2026.The new branch, named Bhilwara Branch, will be located at Shop no. G-10, 11 Ground Floor, Prem Bhavan, 14-B, Gandhi Nagar, Pur Road, Bhilwara, Rajasthan- 311001.The details of the new branch opening are presented below:Sr. No.Branch NameBranch AddressOpening Date1Bhilwara BranchShop no. G-10, 11 Ground Floor, Prem Bhavan, 14-B, Gandhi Nagar, Pur Road, Bhilwara, Rajasthan- 311001April 8, 2026MANCREDIT Stock Price Movement Today, Mangal Credit and Fincorp Limited shares...

SEBI Grants One-Time Relaxation on Minimum Public Shareholding Compliance SEBI announced a one-time relaxation concerning the penal provisions outlined in the Master Circular related to Minimum Public Shareholding (MPS) requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The relaxation specifically applies to listed entities whose compliance due date for MPS requirements falls between April 1, 2026, and September 30, 2026.The announcement followed a representation received from an industry body, which highlighted difficulties faced by listed entities in meeting the MPS compliance requirements. These difficulties were attributed partly to the capital market volatility resulting from ongoing...

The Phoenix Mills Ltd Reports Strong Operational Performance for FY26 Across Retail, Office, and Residential Verticals The Phoenix Mills Limited (PML) reported a strong operational performance for the fiscal year 2026 (FY26), highlighting growth across its retail, office, hospitality, and residential segments. The company noted that FY26 marked a defining year with clear progress on strategic priorities across all businesses.Retail Segment Performance The retail sector achieved an all-time high in consumption for FY26, reaching approximately Rs. 16,578 crore. This significant turnover was generated entirely from the existing portfolio, with no new mall additions during the year.In the fourth quarter (Q4) of FY26, retail consumption...

Garware Hi-Tech Films Announces Change in Senior Management Personnel Garware Hi-Tech Films Limited confirmed the resignation of Mr. Yogesh Chavan from his position as President - Corporate HR. The resignation was submitted on April 07, 2026.The company provided details regarding this change in Senior Management Personnel (SMP) on April 07, 2026.According to the reported details, the cessation of service for Mr. Yogesh Chavan was due to resignation, with the date noted as April 07, 2026.The following table summarizes the details of the personnel change:ParticularsSenior Management PersonnelNameMr. Yogesh ChavanReason for change viz. appointment, re-appointment, resignation, removal, death or otherwise i.e Change in...

Connplex Cinemas Secures Patent for 'ACTIVE LED/LED SCREEN INTERGRATED WITH NON-DCI SERVERS' Connplex Cinemas Limited has received a patent from the Patent Office, Government of India, for an invention titled 'AN ACTIVE LED/LED SCREEN INTERGRATED WITH NON-DCI SERVERS'.The patent was granted for a term of 20 years under the provisions of the Patents Act, 1970. This development marks a key intellectual property achievement for the company.CONNPLEX Stock Price Movement Today, Connplex Cinemas Limited shares edged higher to close at ₹257.6, marking a gain of 5.35% on the day. Trading volume for the session totaled 56,800 shares, supporting the upward momentum for the stock.Source:

Aviva Industries Ltd Approves Allotment of Equity Shares Following Warrant Conversion Aviva Industries Ltd announced on April 7, 2026, that its Board of Directors considered and approved the allotment of 15,95,000 Equity Shares. This action was pursuant to the conversion of 15,95,000 Fully Convertible Equity Warrants.The allotment relates to warrants originally issued on January 7, 2026. These 15,95,000 Fully Convertible Equity Warrants were allotted to Mr. Chavdhari Navinbhai Rameshbhai on a preferential basis to an individual classified under the Non-Promoter category. The original issue price for these warrants was INR 28 per Warrant.The detailed allotment structure is as follows:Sr. NoName of the AllotteeCategoryNo. of...

Inflame Appliances Ltd Reports 45% Revenue Growth and 38% Volume Growth for FY26 Inflame Appliances Ltd. has announced its business update for the second half (H2) and full year (FY) of 2026, detailing robust growth across key metrics. The company reported a 45% Year-over-Year (YoY) growth in Total Revenue for FY26, accompanied by a 38% YoY increase in Chimney Volumes.According to the provided data, the performance highlights show strong demand reflected in the sales figures.The financial and volume performance for key periods is summarized in the table below:ParticularsQ4 FY25Q4 FY26YoY%Chimney Volumes (in units)48,63258,44620%Total Revenue (Rs cr) (Unaudited)32.836.611%ParticularsH2 FY25H2 FY26YoY%Chimney...

Retaggio Industries Ltd Allots 2,70,000 Equity Shares Following Convertible Warrant Conversion Retaggio Industries Ltd announced the allotment of 2,70,000 Equity Shares, each with a face value of Rs. 10/-. This allotment occurred on a Preferential Basis, following the conversion of 2,70,000 convertible warrants.The Board of Directors of Retaggio Industries Ltd held a meeting on April 7, 2026, where they approved the issuance of the fourth tranche of these shares. The conversion of the warrants was executed in accordance with a Special resolution passed by the shareholders on December 11, 2025, and after receiving in-principle approval from BSE Limited on January 8, 2026.Financial Details of Allotment The allottee, Retaggio Ventures...

Akash Infra Projects Limited Receives Work Order for Mehsana District Road Widening Akash Infra Projects Limited announced the receipt of a work order dated April 7, 2026. The contract, received from the Office of the Executive Engineer, Panchayat R and B Department, District Panchayat Mehsana, covers the O.W.R. 2025-26 M.M.G.S.Y. Widening of Ankhol Vamaj Road, in Ta. Kadi, Dist. Mehsana.The total value of the work order amounts to Rs. 4,99,23,042.74 (Rupees Four Crore Ninety Nine Lakh Twenty Three Thousand Forty Two and Paise Seventy Four Only).The company recorded the transaction details as follows:DetailDescriptionWork Order Date07/04/2026Issuing AuthorityOffice of the Executive Engineer, Panchayat R and B Department...

Unsecured Creditors Approve Composite Scheme of Arrangement for Laurus Labs Ltd Subsidiaries Laurus Labs Ltd confirmed that the meetings of unsecured creditors for both the Transferor Company, Laurus Synthesis Private Limited, and the Resulting Company, Sriam Labs Private Limited, were successfully conducted on April 06, 2026. These meetings were held to facilitate the Composite Scheme of Arrangement.The meetings were convened following directions received from the Hon'ble National Company Law Tribunal, Amravati Special Branch (NCLT).Laurus Labs Ltd stated that the meetings were duly held in compliance with the directions of the Hon'ble NCLT and applicable provisions of law. Furthermore, the company noted that the requisite quorum...

Dredging Corporation of India Limited (DCIL) has established a strategic alliance with Colombo Dockyard PLC (CDPLC), formalizing the partnership through a Memorandum of Understanding (MoU). This development marks a significant step in enhancing maritime cooperation between India and Sri Lanka.The collaboration combines DCIL's established dredging fleet and operational expertise with CDPLC's world-class infrastructure for ship repair and shipbuilding. The objective of this venture is to provide high-quality, cost-effective, and timely solutions across various vessel maintenance requirements, including repair, retrofitting, and new shipbuilding initiatives.During the announcement, Captain S Divakar, Managing Director & CEO of DCIL...

Sayaji Hotels (Pune) Ltd Announces Appointment of New Independent Director Sayaji Hotels (Pune) Ltd confirmed the appointment of Mr. Nimeshkumar Natwarlal Gandhi as a Non-Executive Independent Director following shareholder approval via postal ballot. This update follows an earlier intimation made to BSE on February 5, 2026, regarding changes in the company's management.The outcome of the postal ballot, including the Scrutinizer's Report and Voting Results, was submitted to the Exchange on Tuesday, April 7, 2026, and is also available on the company website.Details of Director Appointment The company confirmed the approval of Mr. Nimeshkumar Natwarlal Gandhi for the position of Non-Executive Independent Director by the members of...

SEBI Grants One-Time Relaxation on Validity of SEBI Observations SEBI has announced a one-time relaxation concerning the validity period of SEBI Observations letters for public issues. This decision follows a representation received from an Industry body detailing the challenges faced by issuers in accessing capital markets amidst ongoing geopolitical tensions in the Middle East.Under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations, 2018), a public issue is generally permitted to open within twelve months and eighteen months from the date of SEBI's observations, respectively, based on Regulations 44(1) and 59C.The Industry Body highlighted that current market conditions, including...

Infosys and Harness Announce Strategic Collaboration for AI-Led Enterprise Transformation Infosys, a global leader in AI-first business consulting and technology services, and Harness, the AI Software Delivery Platform company, have announced a strategic collaboration. The partnership aims to accelerate agentic AI-led software delivery transformation for enterprises globally.This collaboration integrates the combined capabilities of Infosys Topaz Fabric and Infosys Cobalt with the Harness Software Delivery Platform. The goal is to drive improvements across productivity, software engineering, AI governance, and time-to-market at scale for modernization and transformation programs.Infosys Topaz Fabric is described as a purpose-built...

Finelistings Technologies Ltd Enters Business Collaboration Agreement with Hanura Tradex Finelistings Technologies Limited has formalized a Business Collaboration Agreement with Hanura Tradex, a sole proprietorship firm specializing in the retail of used premium and high-end luxury cars. The collaboration aims to expand the Company's business operations and establish strategic synergies within the luxury automobile segment.The agreement's purpose is to facilitate the capture of prospective growth opportunities in the used premium and high-end luxury car retail sector through collaboration between the two entities.The key details of the business arrangement are summarized below.ParticularsDetailsName(s) of parties with whom...

Captain Pipes Ltd Attributes Share Price Movement to Market Conditions Captain Pipes Ltd, a manufacturer specializing in uPVC Column Pipe, Pressure Pipe, Agri Fittings, Casing Pipe, uPVC / CPVC Plumbing Pipe & Fittings, SWR Pipe & Fittings, and HDPE Pipe, addressed a query concerning fluctuations in its share price.In the clarification submitted regarding the price movement, the company stated that it has already disclosed all material information pertaining to the company's operations and performance. The company reported that the movement observed in the share price is purely market driven.Captain Pipes Ltd specified that the price change is likely a combination of various factors, including prevailing market conditions...

Tomorrow Technologies Global Innovations Ltd Approves Change in Registrar and Share Transfer Agent Tomorrow Technologies Global Innovations Ltd, formerly known as CNI Research Limited, conducted a Board of Directors meeting on Tuesday, April 7, 2026. The meeting was held at the Company’s registered office located at A/120 Gokul Arcade, Sahar Road, Vile Parle East, Mumbai 400057.During the meeting, the Board of Directors considered and approved key corporate changes concerning the company's registry services.The Board resolved to terminate the contract of MUFG Intime Private Limited, which served as the existing Registrar and Share Transfer Agent. This termination was effective from April 7, 2026.Furthermore, the Board approved the...

Kundan Minerals And Metals Ltd Subsidiary Explores Potential Investments in Mauritania Kundan Minerals And Metals Ltd, whose previous name was Eastern Sugar & Industries Limited, reported that its foreign subsidiary, Kundan Ventures FZCO, is currently discussing potential investment opportunities in Mauritania.The discussions concern the potential acquisition of companies within Mauritania. The Company stated that this matter is presently in an advanced stage of discussion and remains under evaluation and negotiations.The Company indicated that it will provide appropriate disclosures to the Stock Exchange(s) in accordance with applicable regulations once the transaction is finalized.Stock Price Movement At the close of trade on...

Shubham Polyspin Ltd Announces Proposed Capacity Expansion at Borisana Unit Shubham Polyspin Ltd has announced a proposed capacity expansion at its existing manufacturing unit located in Borisana. The expansion was approved by the Board of Directors during a meeting held on April 7, 2026.The company provided details regarding the proposed capacity addition, alongside existing operational metrics, in a detailed statement.Capacity Expansion Details The expansion targets the manufacturing capacities at the Borisana location. Key operational figures related to the capacity expansion are summarized below:ParticularsDetailsExisting capacity225 MT per monthExisting capacity utilizationApprox. 90%Proposed capacity addition200...