Markets

SSMD Agrotech India Announces Voluntary Disclosure of Equity Share Acquisition SSMD Agrotech India Ltd, which was formerly known as SSMD Agrotech India Pvt. Ltd., reported the voluntary acquisition of equity shares by its Managing Director, Mr. Ishu Munjal. The disclosure details transactions that support transparency and good corporate governance practices.Mr. Ishu Munjal submitted the voluntary disclosure regarding his acquisition of the company's equity shares. The transaction details are as follows:MetricDetailsPre-acquisition shareholding57,94,129 equity shares (66.87%)Shares acquired56,000 equity shares (0.65%)Mode of acquisitionMarket PurchaseDate/Period of acquisitionMarch 2026Post-acquisition...

Eastern Silk Industries Limited Sells Shares to Achieve 10% Minimum Public Shareholding Eastern Silk Industries Limited announced the sale of equity shares by its Promoter, Baumann Dekor Private Limited, aimed at achieving the Minimum Public Shareholding requirement.The Promoter, Baumann Dekor Private Limited, sold 111340 equity shares in the open market on April 06, 2026. Following this transaction, the company achieved the Minimum Public Shareholding of 10% as required under relevant regulations.EASTSILK Stock Price Movement Shares of Eastern Silk Industries Limited are gaining ground as of 12:55 PM, trading at ₹62.5, up 3.44% in live market action. The stock has seen trading volume of 1,284 shares today, remaining well above its...

Simplex Mills Company Ltd Board Approves Disposal of Akola Textile Plant Land On April 7, 2026, Simplex Mills Company Ltd announced that its Board of Directors considered and approved key proposals during a meeting held on that day. The Board considered the proposal concerning the disposal of land associated with the company's closed Textile Plant located at Plot No16, field Survey No 79 in Usha Nagar, Mouje-Shivani, Taluka, District, Akola -444104 Maharashtra.The Board meeting commenced at 12:00 p.m. and concluded at 12:30 p.m.Key Board Approvals and Shareholder Requirements The Board approved two main actions. Firstly, it approved the proposal to sell, transfer, or otherwise dispose of the land belonging to the aforementioned...

Power Finance Corporation Ltd Reports Change in Board of Directors Power Finance Corporation Ltd confirmed the resignation of an Independent Director from its Board of Directors. The Board noted the resignation of Shri Bhaskar Bhatlacharya, who holds DIN: 09406292.The company had previously informed regarding this change on 02.04.2026. Further details confirmed that as per the declaration furnished by Shri Bhatlacharya, he was not holding any directorship in any other listed entity as on the date of cessation.PFC Stock Price Movement Shares of Power Finance Corporation Limited are edging higher to ₹406.85 as of 12:52 PM today, gaining 0.23% in live trading. The stock is seeing active interest, trading on a volume of 2.98 million...

LKP Finance Ltd Changes Name to GYFTR Limited, Ministry Approves Transition LKP Finance Limited has undergone a name change, officially transitioning to GYFTR Limited. The Registrar of Companies, Ministry of Corporate Affairs (MCA), approved the name change, effective from April 06, 2026.The change of name was formalized with a Certificate of Incorporation issued by the MCA. The documentation confirms that the company's name has changed from LKP FINANCE LIMITED to GYFTR LIMITED, effective from the date of the certificate.The corporate identification details remain associated with the entity, which holds the Corporate Identification Number (CIN): L65990MH1984PLC032831.The MCA certificate confirms the change and notes that the...

Websol Energy System Announces Director Resignation Details Websol Energy System Limited confirmed the resignation of Mrs. Ritu S. Jain from her role as an Independent Director. The company stated that the decision followed discussions regarding her professional commitments and time constraints.The process for the resignation involved management discussions concerning Mrs. Jain's continuation on the Board, acknowledging her expertise, before she conveyed her inability to continue in the said role and formally requesting the Management to accept her resignation.The documentation shows that Mrs. Ritu S. Jain submitted her resignation letter dated April 4, 2025, addressing the Board of Directors of Websol Energy System Limited. In this...

Ahluwalia Contracts (India) Ltd Receives Reaffirmed Credit Ratings from CARE Rating Limited Ahluwalia Contracts (India) Ltd announced that CARE Rating Limited has reviewed the company's credit rating based on its operational and financial performance for the financial year 2025 (Audited) and nine months of FY26 (Limited Reviewed).The ratings review provided details for the company's key facilities, which have been reaffirmed by the rating agency.According to the provided data, the rating details are as follows:FacilitiesAmount (Rs. in Crores)RatingRating ActionLong Term Bank Facilities186.00 (Enhanced from 170.00)CARE AA-;StableReaffirmedLong term / Short Term Bank Facilities2,954.00 (Enhanced from 2,345.00)CARE...

Shelter Pharma Ltd Initiates Senior Management Hiring Amid Domestic Expansion Plans Shelter Pharma Ltd has begun a structured hiring process to onboard experienced professionals into various senior management roles. This strategic move is directly linked to the Company's plans for expansion within domestic markets.The Company is currently focused on identifying and evaluating suitable candidates for several key leadership positions. These roles include Zonal Head, Area Head, and Export Head, alongside other critical leadership assignments.This management strengthening initiative aims to enhance the Company's overall operational efficiency and support its long-term business growth trajectory.Stock Price Movement As of 12:42 PM...

United Cotfab Ltd Reports Independent Director Resignation United Cotfab Ltd announced the resignation of Mr. Safalkumar Hasmukhbhai Patel as an Independent Director, effective from the close of business hours on April 1, 2026. The resignation was tendered by Mr. Patel via a letter dated April 1, 2026, citing personal reasons. Following this departure, Mr. Patel will also cease to be a member of all the Company's committees.The Company's management confirmed the resignation details, noting that Mr. Patel provided assurance that there are no material reasons for his resignation beyond those stated in his letter.The details concerning this change in directorship are presented below for clarity:Detail CategoryDescriptionInformation...

Jetmall Spices and Masala Reports No Deviation in Use of Proceeds from Convertible Warrants Jetmall Spices and Masala Limited confirmed that there was no deviation or variation in the utilization of proceeds from the issuance of Convertible Warrants for the half-year ended March 31, 2026.The company provided a statement detailing the utilization of funds raised through a Preferential Issue, reporting compliance with the originally stated objects. The review of this statement was conducted in accordance with regulations pertaining to the use of proceeds.Details of Preferential Issue Proceeds The documentation provided details the proceeds from the Preferential Issue that occurred on February 6, 2026, as the date of allotment...

IFGL Refractories Ltd Announces CEO-India Resignation IFGL Refractories Ltd confirmed the resignation of its Director and Chief Executive Officer India, Mr. Arasu Shanmugam. His resignation, tendered due to personal reasons, was accepted by the company, and he ceased to hold the post with effect from the close of working hours on April 6, 2026.The details regarding the change in leadership position were reported following the resignation.Key details surrounding the change in the role of Chief Executive Officer India are summarized below:SNo.ParticularsDetails1Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwiseResignation due to personal reasons.2Date of...

V-Guard Industries Limited Receives Final Audit Report on GST Matters for FY 2020-21 to 2023-24 V-Guard Industries Limited reported receiving a final audit report related to Goods and Services Tax (GST) matters. The communication was received on April 6, 2026, from the Assistant Commissioner, CGST-Audit Circle, Kashipur (Audit Commissionerate, Dehradun).The audit report was issued in the form of GST ADT-02 and pertains to the availment of excess Input Tax Credit (ITC) for the Financial Years (FY) 2020-21 to 2023-24.The company reported the following key financial implications from the communication:DetailValueShort payment of GST communicatedINR 17,75,91,197Interest & penaltyNot quantifiedThe audit identified issues...

Persistent Systems Recognized Among India's Most Sustainable Companies Persistent Systems (BSE: 533179 and NSE: PERSISTENT), a global leader in Digital Engineering and Enterprise Modernization, has been named among BW Businessworld Group's India's Most Sustainable Companies (IMSC) for the 2024-25 cycle. The recognition placed the company 3rd overall and 2nd within the Information Technology and Digital Services sector.The acknowledgment, part of the BW Sustainable World Awards 2026, highlights Persistent's approach to embedding sustainability into its operational model. The assessment considers measurable impact across environmental stewardship, social responsibility, governance, and technology-led sustainability, evaluating ESG...

UTI Asset Management Announces Allotment of Equity Shares Under Employee Stock Option Scheme UTI Asset Management Company Limited announced the allotment of 869 equity shares under the 'UTI AMC Employee Stock Option Scheme - 2007'. The allotment was approved by the Nomination and Remuneration Committee of UTI Asset Management Company Limited on April 7, 2026, at 09:46 hrs IST.The allotment pertains to the exercise of options by an eligible employee. The equity shares being allotted have a face value of ₹10 each.Following the issuance of these shares, the company's paid-up share capital structure is set to change. The issued and paid-up share capital of UTI Asset Management Company Limited will increase from ₹ 1,28,52,00,360, which...

V-Guard Industries Limited reported receiving an order from the Commissioner of Customs (NS-V), JNCH, concerning the alleged misclassification of certain parts of its products.The communication was received on April 6, 2026, from the Commissioner of Customs (NS-V), JNCH, Nhava Sheva. This order adjudicates a Show Cause Notice (SCN) that alleged the misclassification of certain product parts.According to the company's statement, the authority re-classified the goods and confirmed a differential duty demand under Section 28(4), along with interest under Section 28AA. Furthermore, the order imposed penalties under Sections 114A and 114AA.The imports covered by this order relate to a period spanning from September 9, 2019, to June 11...

Alembic Pharmaceuticals Receives USFDA Final Approval for Dapagliflozin Tablets Alembic Pharmaceuticals Limited announced today that it has secured final approval from the U.S. Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Dapagliflozin Tablets, available in strengths of 5 mg and 10 mg.The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Farxiga Tablets, 5 mg and 10 mg, manufactured by AstraZeneca AB. Dapagliflozin tablet, which is an SGLT2 inhibitor, is indicated for two uses. It is indicated to reduce the risk of hospitalization for heart failure in adults with type 2 diabetes mellitus and either established cardiovascular disease or multiple...

IL&FS Transportation Networks Ltd Fixes Record Date for 3rd Interim Distribution Payments IL&FS Transportation Networks Ltd has announced the Record Date for determining eligible debenture holders who are entitled to receive payments for the 3rd Interim Distribution.The Board of Directors approved the Record Date as Friday, April 10, 2026. This date is set for the purpose of ascertaining debenture holders eligible to receive payments against their claims under the 3rd Interim Distribution, aligning with the interim distribution order passed by the Hon'ble NCLAT dated May 31, 2022.Stock Price Movement As of 12:19 PM, IL&FS Transportation Networks Ltd shares are ticking up to ₹1.93, reflecting a solid gain of 3.21% for the day. The...

Waaree Energies Limited Receives 'Aspiring' ESG Rating from NSE Sustainability Ratings Waaree Energies Limited has received an Environmental, Social and Governance (ESG) Rating of 66, categorized as 'Aspiring', from NSE Sustainability Ratings and Analytics Limited, a SEBI Registered ESG - Rating Provider.The rating, which can be accessed on the NSE ESG Ratings portal, pertains to the company's performance in the ESG space.The company confirmed that it did not engage NSE Sustainability Ratings & Analytics Limited for the evaluation or issuance of this ESG Rating. Instead, the rating was assigned using publicly available information. Waaree Energies Limited stated that the company neither participated in nor provided any specific data...

Cellecor Gadgets Limited Approves Fundraising of Rs. 98,00,00,000 via Warrants Cellecor Gadgets Limited announced decisions made during its Board of Directors meeting held on April 07, 2026. Among the key outcomes was the approval for the company to raise funds by way of issuing securities on a preferential basis.The Board approved the creation, issuance, and allotment of up to 3,50,00,000 Fully Convertible Warrants. These warrants are convertible into an equivalent number of fully paid-up equity shares of the company, each having a face value of Re. 1. The fundraising is intended to meet the company's funding requirements, enhance its financial strength and stability, and augment its financial resources.The preferential allotment...

CL Educate Reports Resignation of Key Executive CL Educate Limited confirms the resignation of Mr. Alok Mehta, who held the roles of President - CHEX (Centre of Higher Education Transformation) & Placements and Group CHRO (Chief Human Resource Officer).The departure was initiated following a submission made by the company on March 31, 2026. Mr. Alok Mehta has stated that his decision to resign from the Company is purely for personal reasons.According to the detailed disclosure provided, Mr. Alok Mehta submitted his resignation on March 31, 2026. His last working day with the Company is set for May 31, 2026.Key details regarding the executive transition are summarized below:Disclosure RequirementDetailsReason for...