Markets

Diamond Power Infrastructure Receives Letter of Intent from Adani Electricity Mumbai Limited Diamond Power Infrastructure Ltd announced the receipt of a letter of intent for a substantial order from Adani Electricity Mumbai Limited. The agreement concerns the supply of cables and has a broad consideration value of Rs. 100,54,10,858/- inclusive GST.The contract details indicate that the scope of work involves the supply of assorted sizes of HT Cables. The transaction is classified as a domestic order from a domestic entity.A summary of the key details associated with the letter of intent is presented below:ParticularsDetails/Information of the eventName of the entity awarding the order(s)/contract(s)Adani Electricity Mumbai...

Diamond Power Infrastructure Ltd Receives Letter of Intent for Cable Supply from Adani Green Energy Limited Diamond Power Infrastructure Ltd has received a letter of intent from Adani Green Energy Limited concerning the supply of cables. The value of the arrangement totals Rs. 19,57,11,313/-, which is inclusive of GST.The details regarding this order receipt indicate that the awarding entity is Adani Green Energy Limited. The contract involves the supply of cables and is classified as a domestic order from a domestic entity.The expected execution timeline for the order is within 15 days from the issuance of the Letter of Intent.Financial and operational details of the letter of intent are summarized below...

Max Estates Reports INR 5,305 Crore Pre-Sales for FY2026, Driven by Q4 Performance Max Estates Limited, a prominent real estate developer in the National Capital Region (NCR), announced its pre-sales performance for the financial year 2026, achieving a total pre-sales volume of approximately INR 5,305 crore. This performance solidifies the company's standing among top developers in India. The fourth quarter alone contributed significantly to this total, accounting for approximately INR 3,392 crore.The company reported sustained performance, marking the second consecutive year of surpassing INR 5,000 crore in pre-sales. For comparison, FY25 recorded pre-sales of INR 5,321 crore.Project Performance Highlights The company's performance...

Gland Pharma Appoints Prasadha Rao Lysetti as Sr. Vice-President (Head - Operations) Gland Pharma Limited announced the appointment of Mr. Prasadha Rao Lysetti as Senior Vice-President (Head - Operations), effective April 06, 2026. This move designates Mr. Lysetti as a Senior Management Personnel of the Company.The company released details regarding the appointment, providing a profile of Mr. Lysetti and outlining the details as required concerning the change in senior management.ParticularsDetailsReason for changeMr. Prasadha Rao Lysetti has been appointed as Sr. Vice-President (Head - Operations), a Senior Management Personnel of the Company with effect from April 06, 2026.Date of ChangeApril 06, 2026Mr. Prasadha Rao...

Kalind Ltd Approves Board Changes, New Business Objects, and Independent Director Appointment Kalind Ltd, announced several significant resolutions passed during its Board of Directors meeting held on Monday, April 6, 2026. The board considered and approved major changes related to the company’s constitutional documents, director appointments, and the status of promoter group members.The meeting, held at the Registered office in Surat, Gujarat, addressed the appointment of a new Independent Director, the reconstitution of key board committees, and proposed substantial updates to the Memorandum of Association (MOA) and Articles of Association (AOA).Appointment of Independent Director The board, following a recommendation from the...

HDFC Asset Management Announces Conference Call for Q4 FY26 Financial Results HDFC Asset Management Company Limited has scheduled a conference call to discuss the audited financial results of the Company for the quarter and year ended March 31, 2026.The conference call is set for Thursday, April 16, 2026, at 6:00 p.m. IST.The event details provided include timings for various international locations:Hong Kong/Singapore: 8:30 p.m. London: 1:30 p.m. New York: 8:30 a.m.Key personnel participating in the review include:Mr. Naozad Sirwalla, Chief Financial Officer Mr. Simal Kanuga, Chief Investor Relations OfficerFor local participants, the primary access toll numbers are +91-22-6280 1551 or 7115 8375. International toll-free...

Vardhman Polytex Allots Secured Non-Convertible Debentures Worth Rs. 75 Crores Vardhman Polytex Ltd has announced the allotment of Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The company's Board of Directors approved the transaction at a meeting held on Monday, April 6, 2026.At the Board meeting, the company allotted 7,500 NCDs, each having a face value of Rs. 1,00,000/-. The total aggregate value of the NCDs allotted amounts to Rs. 75 Crores.The private placement was made to Special Situation India Fund. Key details of the NCD issuance include the following:ParameterDetailNumber of NCDs Allotted7,500Face Value Per NCDRs. 1,00,000/-Aggregate ValueRs. 75 Crores...

Graphisads Limited Approves Investment in Proposed Event Solutions Company Graphisads Limited announced that its Board of Directors approved an investment intended to acquire a 50% stake in a proposed company, M/s Graphis Growthhon Event Solutions Private Limited. The board meeting concerning this proposal was held on April 06, 2026.The acquisition is aimed at expanding the current business operations, a move stated to increase and broaden the company's geographical presence, with the proposed company's business aligning with Graphisads Limited's main line of business.The company detailed several aspects of the proposed acquisition, including the nature of the target entity and the terms of investment.Key details regarding the...

Aye Finance Achieves Strong FY26 Performance; AUM Grows 27% to ₹7,044 Crore Aye Finance Ltd., an NBFC focused on lending to micro-enterprises, announced its provisional business performance for the quarter and year ending March 31, 2026, highlighting robust growth, improved asset quality, and strong collection efficiency throughout the year.The Company's Assets Under Management (AUM) expanded by 27% year over year (YoY) to reach ₹7,044 crore in FY26. Disbursements also demonstrated significant growth, increasing by 20% YoY to ₹5,169 crore. For the fourth quarter of FY26, disbursements rose by 26% compared to the preceding quarter, amounting to ₹1,655 crore.Key financial metrics for the loan portfolio for the fiscal year and the...

Shelter Pharma Qualifies Technically for Veterinary Medicine Supply Tender from Verka Dairies Shelter Pharma Ltd, a manufacturer and supplier of pharmaceutical and veterinary healthcare products, has received an intimation regarding participation in a negotiation meeting. The meeting is connected to a tender issued by Verka Dairies (Punjab State Cooperative Milk Producers' Federation Limited) for the supply of veterinary medicines.The company confirmed that it has successfully cleared the technical evaluation stage for this tender process. This development marks a point of growing presence and credibility for Shelter Pharma in the veterinary healthcare segment.The outcome of the negotiation meeting and any further material...

Apeejay Surrendra Park Hotels Accelerates Growth with Launch of Three New Properties Apeejay Surrendra Park Hotels Limited announced the launch of three new hotels on March 31, 2026, marking an expansion across key leisure destinations in India. The Group introduced Zone by The Park Darjeeling, Zone Connect by The Park Gangtok, and Zone Connect by The Park Katra.The simultaneous entry into these strategic locations further strengthens the company's position within India's design-led and mid-scale hospitality segments.Zone by The Park Darjeeling signifies the brand's entry into one of India's most iconic hill destinations, offering a signature design-forward sensibility, vibrant social spaces, and tech-enabled hospitality to the...

3B Films Ltd Board Approves Key Officer Changes and Postal Ballot Process The Board of Directors of 3B Films Ltd, formerly 3B Films Private Limited, held its meeting on Monday, April 06, 2026, which commenced at 10:45 A.M. and concluded at 11:30 A.M. During this meeting, the company considered and approved several material corporate actions, including changes to its secretarial office and the process for seeking member approvals via postal ballot.The Board noted the resignation of Ms. Urvi Pravin Poriya as the Company Secretary and Compliance Officer. Details regarding this change are available in Annexure-A.In an appointment move, the Board approved the appointment of Mrs. Niki Tiwari to serve as the Company Secretary and...

Greaves Electric Mobility's Ampere Magnus Grand Wins Bike India Electric Scooter of the Year 2026 Greaves Electric Mobility, a subsidiary of Greaves Cotton Ltd, announced that its family e-scooter, the Ampere Magnus Grand, has secured the title of 'Electric Scooter of the Year 2026' at the Bike India Awards.The recognition highlights the product development approach at Greaves Electric Mobility, which balances performance, technology, and daily usability. The Magnus Grand is noted for combining practical utility, advanced Lithium Iron Phosphate (LFP) battery technology, and contemporary design, meeting the needs of Indian family riders.Vikas Singh, Managing Director and Chief Financial Officer of Greaves Electric Mobility, stated...

Bank of Baroda Issues Statement of Outstanding Bonds as of March 31, 2026 Bank of Baroda has released a statement detailing its outstanding bonds for the financial year ended March 31, 2026. The statement provides a comprehensive overview of various debentures issued over several years, listing crucial parameters such as coupon rates, maturity dates, and outstanding amounts.The detailed breakdown of the outstanding bond securities is presented below:Sr No.Name of the IssuerISINIssuance DateMaturity DateCoupon RatePayment FrequencyEmbedded option if anyAmount IssuedAmount OutstandingName of the Debenture Trustee1Bank of BarodaINE028A0816611.09.201911.09.20347.75% p.a.YearlyCall Option5,00,00,00,0005,00,00,00,000IDBI TrusteeShip...

Avenir Investment Completes Preferential Allotment to Sammaan Capital Limited On March 31, 2026, Avenir Investment RSC Ltd allotted shares and warrants to Sammaan Capital Limited following a preferential issue, pursuant to a share subscription agreement dated October 02, 2025.Under the terms of the Preferential Issue, the allotment included:33,00,00,111 equity shares, designated as "Subscription Shares." 8,68,92,966 warrants, labeled "Tranche I Warrants." 21,97,97,569 warrants, labeled "Tranche II Warrants."The allotment detailed in the exchange filing pertains to the acquisition of shares and voting rights under Regulation 18(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Acquisition Details...

LTM to Implement MIT Open Learning's Universal AI for Workforce Development LTIM announced that its workforce will gain access to Universal AI, a dynamic online learning experience provided by the Massachusetts Institute of Technology (MIT) Open Learning. This initiative is being delivered in cooperation with upGrad Enterprise as part of LTM's commitment to integrating foundational AI reasoning across its talent pool.The program is designed to empower LTM employees in both tech and non-tech functions. The goal is to prepare the workforce with scientific thinking and first-principles reasoning skills, enabling them to make informed, logic-driven decisions that support client growth in an AI-driven economy.MIT Open Learning's...

ECS Biztech Ltd Board Approves Re-appointment of Vijay Mansinhbhai Mandora ECS Biztech Ltd's Board of Directors held a meeting on April 06, 2026, at the company's registered office in Vastrapur, Ahmedabad. During the meeting, the Board approved the re-appointment of Mr. Vijay Mansinhbhai Mandora.The Board's decision, reached on the recommendation of the Nomination and Remuneration Committee, was to re-appoint Mr. Vijay Mansinhbhai Mandora (DIN: 00328792) as Chairman & Managing Director. The new appointment is slated for a term of three years, effective from April 01, 2026, pending shareholder approval.The meeting commenced at 11:00 A.M. and concluded at 11:20 A.M.The key details regarding the re-appointment are outlined below...

Hindustan Aeronautics Ltd Reports Resignation of Independent Director Hindustan Aeronautics Ltd announced the resignation of Independent Director Dr. S D Premkumar. The resignation was tendered by Dr. Premkumar via email dated April 5, 2026.Dr. S D Premkumar stepped down from the role of Independent Director of Hindustan Aeronautics Limited (HAL). In his correspondence, Dr. Premkumar stated that the decision was prompted by his intention to contest in the upcoming Tamil Nadu elections, necessitating his full focus and commitment.The company noted that Dr. Premkumar does not hold directorship in any other company.The resignation notice detailed the following key points:Director Resigning: Dr. S D Premkumar (Independent Director)...

WeWork India Adds Over 700,000 Sq. Ft. of Office Space Across Key Southern Tech Hubs WeWork India Management Limited, a major flexible workspace operator in India, announced the signing of five large-scale, long-term lease agreements totaling over 700,000 sq. ft. of Grade A office space across Bengaluru, Hyderabad, and Chennai. This expansion reinforces the company's market presence in South India's rapidly expanding office sectors.The latest development adds approximately 12,000 desks to the company's portfolio across five landmark buildings in the three key southern tech corridors. The long-term commitments range from 10 to 20 years.The company's current operational footprint includes 37 centers across the region. This move...

Coforge Promotes Sunil Fernandes to Chief Operating Officer Coforge, an AI-native engineering services leader, announced that Sunil Fernandes has been promoted to the position of Chief Operating Officer (COO). This promotion is effective immediately. In his role as COO, Fernandes will be responsible for improving the Company's execution and scale, accelerating the adoption of AI-native practices across engineering, delivery, and internal operations, and ensuring consistent, high-quality outcomes for clients.Fernandes will oversee global delivery, in addition to key Coforge operations including admin, facilities, and internal IT services. He is based in Princeton, NJ and will report to Coforge CEO, Sudhir Singh.Coforge CEO and...