Markets

Ashoka Buildcon Extends Completion Date for Subsidiary Stake Sales Ashoka Buildcon Limited announced an extension to the expected completion date for the sale of stakes in several of its subsidiaries and Ashoka Concessions Limited (ACL). The move follows agreements made with Epic Concesiones 2 Private Limited, Infrastructure Yield Plus II, and Infrastructure Yield Plus IIA, investment schemes managed by EAAA India Alternatives Limited.The company initially informed the market on December 31, 2024, regarding the agreements to sell the entire share capital and management control of Special Purpose Vehicles (SPVs) held by Ashoka Buildcon and ACL. These SPVs include Ashoka Kharar Ludhiana Road Limited, Ashoka Khairatunda Barwa Adda Road...

Latent View Analytics Subsidiary Makes Strategic Investment in Healtheon AI INC. LatentView Analytics Corporation, a wholly-owned subsidiary of Latent View Analytics Limited, executed a Simple Agreement for Future Equity Notes (SAFE Notes) on April 1, 2026, for a strategic investment of USD 3,000,000 in Healtheon AI INC., a Delaware corporation. Healtheon AI INC. specializes in Agentic-AI framework for Revenue Cycle Management (RCM) services for healthcare providers in the US.The investment aims to secure a cornerstone stake in a high-moat, AI-agentic framework targeting the Revenue Cycle Management sector.The SAFE investment is scheduled to be completed on or before April 7, 2026. According to the SAFE Agreement, LatentView...

Gaudium IVF Introduces AI-Led Infertility Treatment, Marking Industry First in India New Delhi, April 1, 2026 – Gaudium IVF, a leading fertility healthcare provider in India, has introduced an artificial intelligence (AI)-led infertility treatment, marking an industry first in the country. This development follows the company recently becoming India's first publicly listed IVF chain.The innovation involves integrating advanced AI-driven embryology systems, including SiD (Sperm Identification Device) and ERICA (Embryo Ranking Intelligent Classification Assistant), into routine clinical practice. Gaudium IVF collaborated with IVF 2.0, a UK-headquartered embryology innovation organization founded by Dr. Jacques Cohen and Dr. Alejandro...

Shriram Finance Ltd. Receives Reduction in Tax Penalties Shriram Finance Ltd. announced a reduction in tax penalties related to orders against its former entity, Shriram City Union Finance Limited, which was amalgamated with the company on April 1, 2022. The reductions stem from Rectification Orders received on March 30, 2026, from the Commercial Tax Officer, Chennai South, Tamil Nadu.The original penalty amounts, issued for the financial years 2018-19 and 2019-20, have been revised downwards. A summary of the changes is presented below:Financial YearOriginal Penalty AmountReduced Penalty Amount2018-19Tax Demand: ₹13,03,53,551/- Interest: ₹15,73,02,807/- Penalty: ₹13,03,53,551/-Tax Demand: ₹70,42,822/- Interest: ₹84,98,852/-...

Sanathan Textiles Completes Phase I Ramp-up at Punjab Facility Sanathan Textiles Limited announced the completion of Phase I ramp-up at its Punjab facility, operated through its wholly-owned subsidiary, Sanathan Polycot Private Limited. The facility, which commenced operations on August 27, 2025, initially had a capacity of 350 tonnes per day, with plans to reach 700 tonnes per day in a phased manner.The company reports that the plant is currently operating at approximately 96% of its installed capacity. Sanathan Textiles plans to advance its expansion roadmap, including progression towards Phase II, which is intended to further enhance polymerisation capacity.“We are proud to have achieved near-full utilization at our Punjab...

E Factor Experiences Limited Secures Order Worth Rs. 10.53 Crore E Factor Experiences Limited announced on April 1, 2026, that it has received a new order valued at Rs. 10,53,01,200 from the Indira Gandhi National Centre for the Arts.The order involves the development of a museum and statue of Ba- Bapu & 12 Balutedar at the Mahatma Gandhi Institute for Rural Industrialization in Wardha, Maharashtra. The project is expected to be completed within 180 days.Below is a summary of the order details:S. No.ParticularsRemarks1Name of the entity awarding the order/ contractIndira Gandhi National Centre for the Arts2Significant terms and conditions of order /contract awarded in briefDevelopment of Museum and Statue of Ba- Bapu & 12...

GHCL Textiles Limited Reorganizes Board Committees Following Director Changes GHCL Textiles Limited announced changes to the composition of its Board committees, effective April 1, 2026. The adjustments follow the departure of Independent Director Justice Ravindra Singh (Retd.) and the appointment of Alok Raj as a new Independent Director, approved by a special resolution on March 12, 2026.Here’s a breakdown of the reconstituted committees:Nomination & Remuneration Committee (NRC)S. No.Name of DirectorsPosition in the Committee1Mrs. Sudha PillaiChairperson2Mr. V K JeyakodiMember3Mr. Alok RajMember4Mr. Anurag DalmiaPermanent InviteeStakeholders Relationship Committee (SRC)S. No.Name of DirectorsPosition in the...

Ganesh Infraworld Limited Launches Equipment Leasing Division Ganesh Infraworld Limited announced the commencement of a new equipment leasing division on April 1, 2026. The division will focus on deploying high-value access and equipment assets to institutional and other customers on a long-term lease basis.The company is procuring a fleet of aerial work platform and allied equipment assets valued at Rs. 70,56,00,625, inclusive of applicable taxes, from M/s. Dingli AWP India Private Limited. This order includes boom lifts, scissor lifts, vertical lifts, and related mobile elevating work platforms.Ganesh Infraworld Limited has secured a leasing order aggregating to Rs. 35,74,88,748 for a period of 3 years. The company anticipates the...

Ganesh Infraworld Limited Launches Equipment Leasing Division, Secures Initial Order Ganesh Infraworld Limited has commenced its Equipment Leasing Division, marking a strategic expansion into providing high-value equipment assets on a long-term lease basis to institutional and other customers.The company is procuring a fleet of aerial work platforms and related equipment valued at Rs. 70,56,00,625/- (inclusive of applicable taxes) from Dingli AWP India Private Limited. The fleet will include boom lifts, scissor lifts, vertical lifts and mobile elevating work platforms.Ganesh Infraworld Limited has secured a leasing order of approximately Rs. 35,74,88,748/- for a period of 3 years related to these assets. This order signifies the...

Thinkink Picturez Ltd. to Consider Fundraising Options at Board Meeting Thinkink Picturez Ltd. announced it will hold a meeting of its Board of Directors on April 7, 2026, at the company’s registered office. The meeting’s agenda includes a discussion and consideration of fund raising options, potentially through equity, debt, or a hybrid instrument to meet increasing growth capital requirements.The company is located at 8/71 Anjali Bungalow, Jankidevi Public School Rd, SV Patel Nagar, Mhada, Andheri (W), Mumbai - 400053, Maharashtra. Contact information can be found at info@thinkinkpicturez.com and www.thinkinkpicturez.com.Vijay Ghanshyambhai Pujara, Managing Director, will preside over the meeting. His DIN is 08203972. The...

Ola Electric Reports Strong March Performance with Orders Surging Past 1,000 Units Daily Ola Electric announced a robust recovery in March 2026, with daily orders exceeding 1,000 units in the last week of the month and registrations more than doubling.Key Highlights of Ola Electric's March Performance Registrations increased by over 150% month-over-month (M-o-M) to 10,117 units, compared to 3,973 units in February, according to data from the Vehicle Application Network (VAHAN). The company also reported a V-shaped market share recovery throughout March.MetricFebruary 2026March 2026Registrations3,973 units10,117 unitsMonth-over-Month Growth->150%The improved performance is attributed to structural changes in service...

Solarium Green Energy Limited Receives ₹188.525 Crore EPC Order Ahmedabad – April 1, 2026 – Solarium Green Energy Limited has secured a Letter of Award (LOA) to execute End-to-End Engineering, Procurement, and Construction (EPC) works, alongside three years of Operation and Maintenance (O&M) services, for a 50 MWac Solar PV Power Project in Maharashtra. The project is being developed by Maharashtra State Power Generation Company Limited (MAHAGENCO).The total order value is approximately ₹188.525 Crore, exclusive of Goods and Services Tax (GST). This order is expected to strengthen the company's presence in the renewable energy sector and contribute to its revenue over the project’s execution period.The following table details key...

Adani Ports and Special Economic Zone Receives Tribunal Approval for Amalgamation Scheme Adani Ports and Special Economic Zone Limited announced April 1, 2026, that the Scheme of Amalgamation involving Adani Harbour Services Limited, a wholly-owned subsidiary, has been sanctioned by the National Company Law Tribunal, Ahmedabad Bench.The amalgamation, conducted under Sections 230 to 232 of the Companies Act, 2013, follows a previous notification dated November 4, 2025. The scheme combines Adani Harbour Services Limited with Adani Ports and Special Economic Zone Limited.The approval was made by an order passed on April 1, 2026.Source:

Oil & Natural Gas Corporation Limited Receives ESG Rating National Stock Exchange of India Ltd. and BSE Limited received intimation regarding an ESG Rating Report for Oil & Natural Gas Corporation Limited (ONGC) on April 1, 2026. The report was issued by ESG Risk Assessments & Insights Limited (ESGRisk.ai), a SEBI-registered ESG rating provider.According to the report, ONGC demonstrates a broad and structured approach to sustainability, reflected through extensive environmental, social, and governance practices. The company maintains multiple environmental policies focused on reducing air emissions, protecting biodiversity, and lowering water usage and pollution, while also adhering to ISO 50001 energy-management and ISO 14000...

Lakhotia Polyesters Expects Completion of Acquisition by June 30, 2026 Lakhotia Polyesters (India) Ltd. announced a revised timeline for the acquisition of New Nexus FZ LLC, a Dubai-based entity. The company initially planned to complete the acquisition of 100% stake in New Nexus FZ LLC by March 31, 2026.The acquisition, previously disclosed on December 12, 2025, is now expected to be finalized by June 30, 2026. The delay is attributed to a postponement in the receipt of necessary regulatory approvals, resulting from the prevailing geopolitical situation.Lakhotia Polyesters (India) Ltd. is headquartered in Nashik, Maharashtra. Madhusudan Lakhotiya serves as the Managing Director.Source:

Sambhv Steel Tubes Limited to Invest INR 7.52 Crore in Vajra Alloys Private Limited Sambhv Steel Tubes Limited announced on April 1, 2026, that its Board of Directors approved an investment of approximately INR 7,51,56,927 in Vajra Alloys Private Limited. The company will acquire equity shares equivalent to 15% through a preferential allotment.Sambhv Steel Tubes Limited entered into a Share Subscription and shareholder’s Agreement with Vajra Alloys Private Limited on March 31, 2026, to record the terms of the investment.Vajra Alloys Private Limited, registered in Chennai, Tamil Nadu, has an authorized share capital of INR 15,00,000 and a paid-up share capital of INR 9,50,000. The company is engaged in the manufacturing, processing...

Smartworks Coworking Spaces Ltd. Announces Capacity Addition in Hyderabad Smartworks Coworking Spaces Limited announced a capacity addition in Hyderabad on April 1, 2026. The company entered a lease agreement for a space measuring 1,25,906 square feet, which will increase its operational capacity.According to details released, the company’s existing leased capacity is 11.1 million square feet, with an operational capacity of 9.2 million square feet. Current capacity utilization stands at 84% based on operational capacity.The investment for the capacity addition is estimated at approximately INR 17.00 Crores, to be financed through internal accruals and issue proceeds. The expansion is expected to be completed within April 2026. The...

CG Power Announces Change in Subsidiary Status of PT Crompton Prima Switchgear Indonesia CG Power and Industrial Solutions Limited announced that CG International Holdings Singapore Pte Ltd. (CGS), a wholly-owned subsidiary of CG Power, has executed a Share Sale and Purchase Deed. As a result of this agreement, PT Crompton Prima Switchgear Indonesia (CPSI) is no longer considered a subsidiary of CGS and, consequently, ceases to be a step-down subsidiary of CG Power. The transaction follows disclosures referenced as COSEC/212/2025-26 dated February 25, 2026, and COSEC/217/2025-26 dated March 5, 2026.Source:

Sathlokhar Synergys E&C Global Limited Secures Orders Valued at INR 1097 Crores Sathlokhar Synergys E&C Global Limited announced on April 1, 2026, that the total work order booked value from January 1, 2026, to date stands at INR 1097 Crores (excluding GST), with execution expected within the next 3 to 10 months.The company secured three new orders. The first order, estimated at INR 17.79 Crores (including GST), is from M/S. EDAC Engineering Limited in Tamil Nadu for civil, PEB, and MEP works at Minjur, Chennai. Completion is anticipated before November 2026. The second order, valued at INR 4.61 Crores (including GST), is from M/s. Anabond Limited in Tamil Nadu for civil works at Attivaram, Andhra Pradesh, with completion expected...

Hindustan Construction Company Ltd. Transfers Arbitration Awards to Subsidiary Hindustan Construction Company Ltd. (HCC) announced on April 1, 2026, the transfer of economic and beneficial interest in arbitration awards to its wholly-owned subsidiary, HCC Contract Solutions Limited. The transaction was approved by the Board of Directors on December 4, 2024, and by shareholders at an Extraordinary General Meeting on March 13, 2025.A Deed of Assignment was executed on March 31, 2026, for the transfer of arbitration awards with an aggregate value of approximately 1,979.09 Crore, along with underlying advances (liability) of the same value. The net value of assets transferred is approximately Nil.HCC Contract Solutions Limited...