Markets

TCS Issues Statement on Nashik Matter, Details Internal Investigation and Key Facts
TCS Issues Statement on Nashik Matter, Details Internal Investigation and Key Facts Tata Consultancy Services Limited (TCS) issued a statement regarding the recent matter in Nashik, detailing the steps the company has taken to ensure a thorough and transparent review. The statement outlines the immediate actions taken by TCS leadership and provides specific clarifications regarding the company’s operations and personnel.In response to the situation, TCS confirmed that it engaged the services of independent expert teams, including Deloitte and the prominent law firm Trilegal. These services are supporting an internal investigation led by Ms. Aarthi Subramanian, President and COO, TCS.To oversee the process, the company also...
National Standard (India) Ltd Appoints New Chief Financial Officer, Announces Change in Key Managerial Personnel
National Standard (India) Ltd Appoints New Chief Financial Officer, Announces Change in Key Managerial Personnel National Standard (India) Ltd announced significant changes to its senior leadership structure following a Board meeting held on April 17, 2026. The Board of Directors approved the appointment of Mr. Rohit Singhvi as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company.The appointment of Mr. Rohit Singhvi is effective from April 18, 2026. Mr. Singhvi is designated as 'Senior Management Personnel' upon assuming the role of CFO.Simultaneously, the company confirmed the resignation of Mr. Rameshchandra Chechani from the post of CFO and KMP. Mr. Chechani's resignation is effective from the...
SecUR Credentials Ltd Approves Unaudited Standalone Financial Results for Quarter Ended June 30, 2024
SecUR Credentials Ltd Approves Unaudited Standalone Financial Results for Quarter Ended June 30, 2024 SecUR Credentials Ltd reported on its Board of Directors meeting held on April 17, 2026, announcing the un-audited standalone financial results for the quarter ended June 30, 2024. The Board of Directors approved these financial results, alongside the Limited Review Report provided by the Statutory Auditors for the corresponding period.The financial results cover the period up to June 30, 2024, and reflect figures for the quarter ended March 31, 2024, and the full year ended March 31, 2024.The unaudited standalone financial results for the quarter ended June 30, 2024, were prepared in accordance with the guidelines issued by the...
Suzlon Energy Reports Noticing Material Price Movement in Stock
Suzlon Energy Reports Noticing Material Price Movement in Stock Suzlon Energy Ltd stated that a Material Price Movement (MPM) was observed in its stock on April 17, 2026. The movement was noted at 12:26 p.m.The company confirmed the observation of the price change but stated that it could not ascertain any event or information in the mainstream media that might have triggered the fluctuation.SUZLON Stock Price Movement Today, Suzlon Energy Limited shares edged higher to close at ₹53.35, gaining 6.17% for the day. The stock settled on notable buying interest, posting a total volume of 337.16 million shares.Source:
Vascon Engineers Ltd Approves Preferential Issue of Warrants and Raises Borrowing Limits
Vascon Engineers Ltd Approves Preferential Issue of Warrants and Raises Borrowing Limits Vascon Engineers Limited held a Board of Directors meeting on April 17, 2026, approving several corporate actions, including the planned preferential issue of fully convertible warrants and increasing the company's borrowing and charge limits.The Board approved the issuance of up to 2,00,00,000 fully convertible warrants on a preferential basis. Each warrant is convertible into, or exchangeable for, one fully paid-up equity share with a face value of INR 10/-. The warrants are proposed at an issue price of INR 40/- per warrant. The total cash consideration payable for the issuance, addressed to both promoters and non-promoters, aggregates to INR...
HDFC Life Insurance Announces Timeline for Postal Ballot and E-Voting Process
HDFC Life Insurance Announces Timeline for Postal Ballot and E-Voting Process HDFC Life Insurance Company Limited has initiated the process for its Postal Ballot, providing its eligible members the facility to vote remotely through electronic means. The company has established a clear timeframe for the e-voting period, making it accessible exclusively to its members who were registered as shareholders on a specific cut-off date.The voting process is restricted entirely to electronic means, ensuring that the communication of assent or dissent from members eligible to vote occurs solely through remote e-voting.E-Voting Timeline and Eligibility Members must note the following crucial dates governing the electronic voting facility...
PropShare Platina Declares Net Assets Value Per Unit as of March 31, 2026
PropShare Platina Declares Net Assets Value Per Unit as of March 31, 2026 PropShare Investment Manager Private Limited, the investment manager for Property Share Investment Trust - Propshare Platina, has declared the Net Assets Value (NAV) per unit for the trust.The Board of Directors of PropShare Investment Manager Private Limited announced that the Net Assets Value of PS Platina, as at March 31, 2026, is ₹ 11,44,216.01 per Unit.This declaration was issued on April 17, 2026.The Net Assets Value is derived based on the Gross Asset Value calculated in the Valuation Report issued on April 17, 2026. The valuation was conducted by KZEN Valtech Private Limited, represented by Mr. Sachin Gulaty, Director.For quick reference, the key...
eMudhra Launches emSigner for SMEs to Automate Digital Workflows Across India
eMudhra Launches emSigner for SMEs to Automate Digital Workflows Across India eMudhra, a global leader in digital identity and trust solutions, has launched emSigner for SMEs, a purpose-built solution designed to help small and medium enterprises (SMEs) digitize crucial document workflows. The platform, which offers an affordable starting price from INR 1000, aims to enable paperless, compliant, and efficient business operations at scale across various sectors.The launch comes as part of eMudhra's 'SME Digitalization for India' initiative, targeting the significant operational gaps faced by SMEs. While regulatory requirements are increasing, many SMEs still heavily rely on manual, paper-intensive processes. This reliance often leads...
National Company Law Tribunal Reserves Order in Amber Enterprises Merger Application
National Company Law Tribunal Reserves Order in Amber Enterprises Merger Application Amber Enterprises India Limited has announced that the joint first motion application concerning the amalgamation of the company and its subsidiary, AmberPR Technoplast India Private Limited, was heard by the National Company Law Tribunal (NCLT) on 17 April 2026.The matter under review relates to the Scheme of Amalgamation between Amber Enterprises India Limited and AmberPR Technoplast India Private Limited, which is a Wholly Owned Subsidiary of the company.On 17 April 2026, the National Company Law Tribunal, Chandigarh Bench, heard the first motion application bearing the number CA(CAA)/11/Chd/Pb/2026. Following the hearing of submissions from both...
Integrated Personnel Services Limited Revises Issue Price to Rs. 96 Per Share for Preferential Allotment
Integrated Personnel Services Limited Revises Issue Price to Rs. 96 Per Share for Preferential Allotment Integrated Personnel Services Limited (Formerly known as Integrated Personnel Services Private Limited) has announced a revision to the issue price for a proposed preferential allotment of equity shares. This update follows the initial approval of the preferential issue to both non-promoter public and the promoters.The company had previously approved the preferential allotment, with the Board and Members initially setting the issue price at Rs. 72 per equity share. However, following a recent valuation conducted in line with applicable requirements, the updated issue price has been revised to Rs. 96 per equity share.The total...
Kirloskar Ferrous Industries Completes Legal Filing for Absorption Merger of Subsidiary Entities
Kirloskar Ferrous Industries Completes Legal Filing for Absorption Merger of Subsidiary Entities Kirloskar Ferrous Industries Limited (KFIL) has successfully advanced its Scheme of Arrangement and Merger by Absorption, which involves the integration of two wholly owned subsidiaries: Oliver Engineering Private Limited (OEPL) and Adicca Energy Solutions Private Limited (AESPL), into KFIL. The company announced a significant update regarding the proceedings before the National Company Law Tribunal (NCLT), Mumbai Bench.The Scheme petitions were filed before the NCLT under Section 230-232 of the Companies Act, 2013, concerning the merger and absorption of OEPL and AESPL into KFIL.Following a hearing held on April 9, 2026, the NCLT passed...
Patil Automation Limited Incorporates PAL Green Energy Private Limited as Subsidiary
Patil Automation Limited Incorporates PAL Green Energy Private Limited as Subsidiary Patil Automation Limited has expanded its operational footprint by incorporating a new subsidiary, PAL Green Energy Private Limited. The company received the Certificate of Incorporation for the new entity on April 17, 2026, confirming the establishment of the specialized subsidiary.The new entity, PAL Green Energy Private Limited, commenced operations following its incorporation date of April 07, 2026. The subsidiary is positioned within the advanced renewable energy sector, focusing on Solar Structures & Tracker Components, BESS (Battery Energy Storage System), and Solar Module Assembly Line operations.The core business scope of PAL Green Energy...
EMS Ltd Wins Two Major Contracts from UP Jal Nigam (Urban), Varanasi
EMS Ltd Wins Two Major Contracts from UP Jal Nigam (Urban), Varanasi EMS Ltd has secured the lowest bidder (L-1) status from UP Jal Nigam (Urban), Varanasi, for two significant construction works. The awarded contracts involve critical infrastructure development, totaling a combined estimated order value (excluding GST) of Rs. 20,864.46 lakhs.The company was awarded contracts covering essential urban sanitation and connection works in Varanasi. The works are classified as domestic L-1 awards, with no reported interest from the promoter or related party in the awarding entity.The details of the awarded contracts and their respective values are presented below:ContractEstimated Order Value (Excluding GST)TimelineWork Award 1Rs...
Poonawalla Fincorp to Announce Q4 FY26 Results and Host Earnings Call on May 05
Poonawalla Fincorp to Announce Q4 FY26 Results and Host Earnings Call on May 05 Poonawalla Fincorp Limited has scheduled its earnings call to announce the results for the fourth quarter of the fiscal year 2025-26 (Q4 FY26). The results announcement and subsequent conference call are set for Tuesday, May 05, 2026.The company will host the earnings call at 5:00 PM IST, providing participation details for global participants.Poonawalla Fincorp Limited has provided various dial-in options for attendees, covering multiple time zones.LocationUniversal Dial-inHong KongSingaporeUKUSADial-in Number+91 22 6280 141480096444880010120450808101157318667462133Participants can also access the conference call by copying a specific URL...
GSM Foils Limited Announces Standalone Audited Financial Results for March 31, 2026
GSM Foils Limited Announces Standalone Audited Financial Results for March 31, 2026 GSM Foils Limited announced the outcome of its Board Meeting held on April 17, 2026. The Board meeting considered, approved, and recorded the standalone audited financial results for the quarter and the year ended March 31, 2026. The Company's standalone annual audited financial statements for the year also received an unmodified opinion from MN CA & Associates.The company, which is engaged in the manufacturing, conversion, and printing of Aluminium foils used as primary packaging material for pharmaceutical companies, provided detailed financials covering revenue, expenditures, and assets.Financial Highlights (Year Ended March 31, 2026) The...
Smt. P. Uma Gandhi Resigns as General Manager (Finance) of Dredging Corporation of India Limited
Smt. P. Uma Gandhi Resigns as General Manager (Finance) of Dredging Corporation of India Limited Dredging Corporation of India Limited announced the resignation of Smt. P. Uma Gandhi from her post as General Manager (Finance). The resignation was tendered by Smt. Gandhi due to personal reasons.The decision marks a significant transition for the company, as Smt. Gandhi is expected to cease her roles as CFO and Key Managerial Personnel (KMP) of Dredging Corporation of India Limited.Smt. P. Uma Gandhi submitted her resignation letter dated April 8, 2026, indicating that she was resigning from her position at the Head Office in Visakhapatnam.The company noted that the effective date of the resignation is subject to the approval of the...
Subam Papers Boosts Capacity, Targets High-Growth Paper Packaging Segment in India
Subam Papers Boosts Capacity, Targets High-Growth Paper Packaging Segment in India Subam Papers Limited has announced the commencement of commercial production of Kraft paper at its wholly owned subsidiary facility in Tirunelveli, Tamil Nadu. The commissioning of this new, state-of-the-art manufacturing plant marks a major milestone in the company's strategy to expand its footprint within India's burgeoning paper and packaging sector.The facility, located in Vaduganpati Village, is set to significantly boost the company's overall manufacturing capacity. This capacity expansion not only increases the total production volume but also strategically positions Subam Papers in the high-demand 80 to 120 GSM range, crucial for modern paper...
Alcokraft Distilleries Plans CBG Plant Expansion and Appoints Additional Directors
Alcokraft Distilleries Plans CBG Plant Expansion and Appoints Additional Directors Alcokraft Distilleries Limited, formerly known as Aurangabad Distillery Limited, announced key operational and administrative updates following its Board of Directors meeting held on April 17, 2026. During the meeting, the Board considered and approved plans for the company's business diversification and the appointment of two new Additional Directors.The company plans to expand its operational footprint by approving the proposed installation of a Compressed Bio-Gas (CBG) Plant with a capacity of 10 tons per day. The company stated that this initiative is aimed at leveraging market opportunities and driving future growth through business...
Choice International Limited Board Meeting Scheduled for April 23, 2026, to Approve Annual Financial Results
Choice International Limited Board Meeting Scheduled for April 23, 2026, to Approve Annual Financial Results Choice International Limited has scheduled its Board of Directors Meeting for Thursday, April 23, 2026. The meeting is set to consider key corporate matters, most notably the annual financial performance of the company.During the meeting, the board will address the audited Standalone and Consolidated Financial Results of Choice International Limited for the Quarter and Financial Year ended March 31, 2026. The agenda includes the formal consideration and approval of these financial outcomes, followed by the adoption of the Auditor's Report pertaining to the results.The company also plans to consider any other matter with the...
Hathway Cable & Datacom Limited Announces Audited Financial Results for March 31, 2026
Hathway Cable & Datacom Limited Announces Audited Financial Results for March 31, 2026 Hathway Cable & Datacom Limited has released its consolidated and standalone audited financial results for the quarter and year ended March 31, 2026. The financial statements provide a detailed view of the Group's performance, covering key areas including total income, segment revenues, and financial position across various periods.Consolidated Financial Performance The consolidated results for the year ended March 31, 2026, show total income of 2,243.53 Rupees in Crores, compared to 2,146.35 Rupees in Crores for the same period in 2025.The following table summarizes key financial metrics (amounts in Rupees in Crores):ParticularsQuarter ended...
Back
Top