Markets

Globus Spirits Launches TERAI Tequila, Marking First Authentic, CRT-Certified Tequila in India Globus Spirits Limited has announced the launch of TERAI Tequila, signalling a strategic expansion into the global premium tequila segment. This introduction reinforces TERAI's position as a contemporary house of spirits, designed to resonate with the modern Indian consumer who values global exploration and culturally rooted experiences.TERAI Tequila's origins trace back to Jalisco, Mexico, the recognized heartland of tequila. The spirit is crafted at the La Huaracha Distillery, a location noted for preserving distilling traditions over five generations. It is made from 100% Blue Weber Agave, which is cultivated in Mexico's mineral-rich...

Ikoma Technologies Postpones Board Meeting to April 7, 2026 Ikoma Technologies Ltd, formerly known as Vuenow Infratech Limited, announced the postponement of its Board of Directors meeting. The meeting, originally scheduled for Monday, April 6, 2026, has been rescheduled to Tuesday, April 7, 2026.The postponement was issued due to unavoidable personal exigencies.The rescheduled Board meeting for April 7, 2026, is slated to address several key business matters. These include the proposal for raising funds through the issuance of equity shares or any other eligible securities. Permissible modes for this fundraising include, but are not limited to, a private placement, right issue, a qualified institutions placement, or a preferential...

Kabra Commercial Ltd Appoints Manager for Proposed Delisting of Kabra Marble Udyog Ltd Kabra Commercial Ltd has appointed Intelligent Money Managers Private Limited to serve as the Merchant Banker/Manager for the proposed voluntary delisting of equity shares of Kabra Marble Udyog Ltd from The Calcutta Stock Exchange Limited.The appointment details the selection of Intelligent Money Managers Private Limited, with Mr. Amit Kumar Mishra noted as the contact person. The firm's address is YMCA Building, 2nd Floor, 25, Jawaharlal Nehru Road, Kolkata 700087.The company confirmed this appointment in connection with the delisting process, which is governed by SEBI (Delisting of Equity Shares) Regulations, 2021, as amended.The Board of...

Neochem Bio Solutions to Exhibit at China Interdye 2026 for International Growth Neochem Bio Solutions Limited is set to participate as an exhibitor at the 25th China International Dye Industry, Pigments and Textile Chemicals Exhibition (China Interdye 2026) in Shanghai. This event marks the company's first participation at this globally recognized trade platform for the dye and chemical industry, which attracts numerous international buyers and decision-makers.The company will showcase its specialized Bio-Based Product Line and innovative performance chemicals at the exhibition. These products are designed to enhance customer process efficiency while strictly adhering to global sustainability and ESG standards.The participation is...

IFCI Limited Appoints Manikumar Sivaramakrishnan as Deputy Managing Director Manikumar Sivaramakrishnan has been appointed as the Deputy Managing Director (DMD) on the Board of IFCI Limited for a term of three years, effective from April 06, 2026. He assumed charge in the forenoon on this date.The appointment followed the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Details regarding the change in director and appointment are summarized below:DetailInformationReason for ChangeAppointmentDate of Appointment/TermAppointed as Deputy Managing Director w.e.f. April 06, 2026 (forenoon)Director Relationship DisclosureShri Manikumar Sivaramakrishnan is related to no...

Ambuja Cements Announces Trading Suspension for Sanghi Industries Limited Shares Ambuja Cements Limited confirmed details regarding the suspension of trading in the equity shares of Sanghi Industries Limited. This follows an earlier announcement on March 12, 2026, where Ambuja Cements Limited informed that the Finance Committee of the Board of Directors of Sanghi Industries Limited had approved April 06, 2026, as the Record Date for the Scheme of Amalgamation.The suspension of trading for Sanghi Industries Limited shares has been notified by both major stock exchanges due to the Scheme of Amalgamation.The National Stock Exchange of India Limited stated that the equity shares of Sanghi Industries Limited (Symbol: SANGHIIND, Series...

Choice International Limited Appoints Vimal Kumar Jain as Advisory Board Member Choice International Limited has announced the appointment of Mr. Vimal Kumar Jain as a member of its Advisory Board. Mr. Vimal Kumar Jain, who holds the qualification FCA, brings over four decades of experience in financial structuring, debt and equity fund-raising, and strategic advisory to the role.A senior partner at M/s. Arun K. Agarwal & Associates, Mr. Jain has a history of association with reputed financial institutions and corporates in roles such as a strategic advisor and independent director. Throughout his extensive career, Mr. Jain has been actively involved in critical areas including capital structuring, mergers and acquisitions, and the...

ASL Industries Limited Changes Name to AVATAR INDUSTRIES LIMITED ASL Industries Limited, formerly known as ASL Industries Limited, has received final approval from the Ministry of Corporate Affairs to change its name. The company's name is changing from 'ASL INDUSTRIES LIMITED' to 'AVATAR INDUSTRIES LIMITED', effective from April 06, 2026.The company confirmed the name change, following an earlier announcement made on February 12, 2026, regarding the proposal to change its name.AVATAR INDUSTRIES LIMITED is currently proceeding with the completion of all necessary formalities to implement the name change with relevant authorities and regulatory bodies. The fresh Certificate of Incorporation issued by the Ministry of Corporate Affairs...

SBI Life Appoints Santosh Chacko as President - Business Strategy; Gulanikar to Assume Operations & IT Role SBI Life Insurance Company Limited announced personnel changes, confirming the appointment of Mr. Santosh Chacko as President - Business Strategy, effective Monday, April 06, 2026. Concurrently, the company detailed the restructuring of roles for Mr. Abhijit Gulanikar, who will assume charge of Operations & Information Technology.The Board of Directors of SBI Life Insurance Company Limited approved the appointment of Mr. Santosh Chacko as President - Business Strategy through a resolution passed on Monday, April 06, 2026, based on the recommendation of the Board Nomination and Remuneration Committee.In a related operational...

ICRA Assigns Credit Ratings for DriveSys Systems Subsidiary of ZF Steering Gear India Ltd ICRA Limited has assigned credit ratings to DriveSys Systems Private Limited, a wholly owned subsidiary of ZF Steering Gear India Ltd. The agency also assigned an outlook of 'Stable' for both fund and non-fund based facilities.The credit rating details provided by ICRA are as follows:Credit Rating AgencyRated InstrumentAmount (Rs. in crore)RatingRating actionICRA LimitedLong-term/Short-term- Fund-based/Non-fund based Limits58ICRA] BBB+(Stable)/ [ICRA]A2AssignedICRA LimitedLong-term-Fund- based-Term loan80[ICRA]BBB+(Stable)AssignedTOTALTOTAL138Details of Rated Instruments ICRA provided specific details regarding the instruments...

PC Jeweller Limited Reports Quarterly Performance, Progressing Towards Debt-Free Status PC Jeweller Limited, a leading brand in the jewellery industry specializing in studded jewellery, reported a robust quarterly performance for the quarter ended 31st March 2026. The company noted significant operational milestones, including an agreement with the Government of India and substantial debt reduction.The jewellery firm recorded standalone revenue growth of approximately 32% year over year for Q4 of the fiscal year 2026. Consistent performance across the quarters propelled the company to achieve an overall revenue growth of approximately 49% year over year for FY2026, signaling meaningful progress in its turnaround journey.Strategic...

Choice International Ltd Appoints Vimal Kumar Jain to Advisory Board Choice International Limited has announced the appointment of Mr. Vimal Kumar Jain as a member of its Advisory Board. Mr. Jain, who holds the designation FCA, brings over four decades of experience in the fields of debt and equity fund-raising, financial structuring, and strategic advisory.Mr. Jain is a senior partner at M/s. Arun K. Agarwal & Associates and has an established association with various reputed financial institutions and corporations, serving in roles such as strategic advisor and independent director.Throughout his extensive career, Mr. Jain has been deeply involved in capital structuring, mergers and acquisitions, and the execution of complex...

Kome-On Communication Ltd Appoints Managing Director, Changes Registered Office Kome-On Communication Ltd announced key corporate changes following its Board of Directors meeting held on April 6, 2026. During the meeting, the Board considered and approved the appointment of Mr. Abhishek Kyal as the Managing Director of the company.The appointment of Mr. Abhishek Kyal, who holds DIN: 08184639, was made based on a recommendation from the Nomination and Remuneration Committee, in line with Section 203 of the Companies Act, 2013. The appointment is subject to the approval of shareholders at the ensuing Annual General Meeting.The tenure for the appointment of Mr. Abhishek Kyal is set for 5 years, commencing on April 6, 2026, pending...

Bhandari Hosiery Exports Limited Revises Fund Utilization Plan Following Rights Issue Under-subscription Bhandari Hosiery Exports Limited reported a revision in the utilization of funds raised during a Rights Issue concluded in March 2026, following a Board of Directors meeting. The Board decided to adjust the originally planned deployment of funds due to the under-subscription of the rights issue, which stood at 48.44%.The Chairman explained that the delay in fund release relative to the March 31, 2026 deadline limited the Company's ability to deploy the funds as initially scheduled. Up to March 31, 2026, the funds were utilized to the extent of Rs. 678 Lakhs. This expenditure covered the repayment of dues to MSME and pressing...

Tata Motors Releases SIAM Report for Production and Sales Figures (January to March 2026) Tata Motors Ltd, formerly TML Commercial Vehicles Limited, released the quarterly report detailing production, domestic sales, and exports for the period of January to March 2026. The data comes from the Society of Indian Automobile Manufacturers (SIAM).The reported figures provide a comprehensive overview across various vehicle categories, including light commercial vehicles, buses, and heavy commercial vehicles.The following table summarizes the quarterly performance data for production, domestic sales, and exports for the period January to March 2026, alongside comparative data from January to March 2025.CategoryVehicle ModelJAN - MAR...

Bhartiya International Ltd Appoints Dr. G N Venkatesha Babu as Group Chief Executive Officer Bhartiya International Ltd announced the appointment of Dr. G N Venkatesha Babu as its Group Chief Executive Officer, effective from April 6, 2026. The appointment is for a term of full time employment.The details concerning the change in management, as reported, are as follows:Sl. No.ParticularsDetails1Reason for Change viz Appointment, Re-appointment, Resignation, Removal, death or otherwiseAppointment of Dr. G N Venkatesha Babu as Group Chief Executive Officer2Date of appointment & terms of appointmentWith effect from 6th April, 2026 Term-Full time employment3Brief ProfileDr. G NVenkatesha Babu brings over 30 years of...

Shipping Corporation of India Land and Assets Signs MOU with Synergy Marine Group for Maritime Collaboration Shipping Corporation of India Land and Assets Limited (SCILAL) formalized a Memorandum of Understanding (MOU) on April 6, 2026, with Synergy Marine Group, Singapore. The agreement outlines a collaboration aimed at enhancing the areas of maritime training, research, and knowledge exchange.The event, which marked the signing of the MOU, occurred on April 6, 2026, at 1530 hours IST.SCILAL, which operates as a Government of India Enterprise, announced the partnership details related to its operational focus on maritime sectors.SCILAL Stock Price Movement At the close of trade, shares of Shipping Corporation of India Land and...

Mumbai, April 6, 2026 (Monday) — Indian equity markets closed in positive territory on Monday, supported by easing crude oil prices and growing expectations of a near-term de-escalation in the Middle East conflict. However, the recovery lacked strong fundamental backing and was largely driven by short covering and selective buying at lower levels, according to Ponmudi R, CEO of Enrich Money.Markets opened on a muted note and traded range-bound in the first half before witnessing a gradual pickup in buying interest during the latter half of the session, helping benchmark indices end higher.Relief Rally Backed by Crude Pullback, Domestic Flows Ponmudi R, CEO of Enrich Money, said the market recovery was primarily a relief bounce...

Panorama Studios International Ltd Executes MoU for Gujarati Film's Theatrical Rights Panorama Studios International Ltd has entered into a Memorandum of Understanding (MoU) concerning the theatrical rights for the Gujarati language film titled "Vaanki Chuki Love Story."The agreement was executed with M/s Nitishali Productuons. This MoU covers the exploitation of theatrical rights across the entire pan India territory for the film.The film, "Vaanki Chuki Love Story," stars Bhavin Bhanushali, Parikshit Tamaliya, Puja Joshi, Miloni Jhonsa, and others. Dhwani Gautam is credited with the direction of the movie.Stock Price Movement At the close of trade on Monday, Panorama Studios International Ltd shares settled at ₹37.20, marking a...

Tata Motors Passenger Vehicles Reports Q1 2026 Production and Sales Data Tata Motors Passenger Vehicles Limited, formerly known as Tata Motors Limited, has released data pertaining to the production, domestic sales, and exports for the period of January to March 2026, according to the SIAM Report.The data provides a comparative overview of vehicle performance for the first quarter of 2026 versus the same period in 2025.Quarterly Production and Sales Data (January - March 2026) The operational data for the respective categories and vehicle models for January to March 2026 is presented in the table below.CategoryVehicle ModelProduction (Jan - Mar 2025)Production (Jan - Mar 2026)Domestic Sales (Jan - Mar 2025)Domestic Sales (Jan -...