Markets

Thrive Future Habitats Ltd clarified details regarding an acquisition transaction involving the company's equity shares. The withdrawal pertains to a disclosure previously submitted concerning the purchase of 3,00,000 equity shares of Thrive Future Habitats Limited, formerly Ador Multiproducts Limited, from Mrs. Aman Pasricha Balsara, identified as the 'Seller'.The submission stated that the initial disclosure was voluntary and that the proposed acquisition does not fall under the exemption framework prescribed under Regulation 10 of the SAST Regulations.Key details regarding the transaction's compliance were noted:The Acquirer previously made an open offer during the financial year 2025-26. However, the present acquisition is...

Msafe Equipments Ltd has announced key changes concerning its Senior Management Personnel (SMP) following boardroom approvals and a resignation.The Board of Directors, acting on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Rajneesh Kumar as President - MRO & Ladder Division, designated as Senior Management Personnel. This appointment is effective from April 08, 2026.Mr. Rajneesh Kumar brings extensive experience to the role. He is described as a highly accomplished, results-driven business leader with over 26 years of diversified experience spanning the telecom, FMCG, retail, and consumer technology sectors. His expertise covers strategic planning, go-to-market execution, channel...

Dhruva Capital Services Ltd announced that its Board of Directors approved the cancellation and withdrawal of the Scheme of Amalgamation and Arrangement involving Vector Finance Private Limited and the company itself. The decision was finalized during the Board meeting held on Wednesday, April 8, 2026.The Scheme of Amalgamation and Arrangement, which had been previously considered and approved by the Board on September 12, 2025, aimed to effect the amalgamation between Vector Finance Private Limited, designated as the Transferor Company, and Dhruva Capital Services Limited, designated as the Transferee Company.The company stated two primary reasons for the decision to withdraw the Scheme. Firstly, the withdrawal is due to the...

VST Industries Ltd Board Meeting Scheduled to Approve Audited Financial Results VST Industries Ltd has scheduled a Board of Directors meeting for Thursday, April 16, 2026. The primary agenda for the meeting is to consider and approve the audited financial results for the year ended March 31, 2026. Furthermore, the board will consider recommending a dividend, if any, for the financial year 2025-26.In adherence to the Company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and their immediate relatives, VST Industries Ltd previously indicated the closure of the trading window for dealing in the company's securities. This closure was effective from April 1, 2026, and will remain until 48 hours after the...

GS Auto International Ltd Defers Rights Issue Committee Meeting Pending BSE Approval GS Auto International Ltd has announced a deferral of the meeting of its Rights Issue Committee concerning the proposed rights issue of equity shares. The committee meeting, initially scheduled for April 07, 2026, was intended to consider and approve key modalities related to the rights issue.The company stated that the consideration of the rights issue matter has been postponed until the receipt of 'in-principle' approval from the BSE Limited. This development follows an earlier communication from the company dated April 03, 2026.The committee meeting was set to address the Issue Price, Entitlement Ratio, and other related modalities, as previously...

Mastek Ltd to Announce Q4FY26 Results on April 17, 2026 Mastek Ltd, a digital engineering and cloud transformation partner, has scheduled the announcement of its Fourth quarter and Full Year results for FY26. The results are set to be announced on Friday, April 17, 2026. An earnings call to discuss these financial outcomes is scheduled for Monday, April 20, 2026, at 10:00 AM IST.The Board of Directors of Mastek Limited is scheduled to meet on Friday, April 17, 2026. The key agenda items for the Board meeting include the consideration and approval of the Standalone and Consolidated Audited Financial Results of the Company for the Financial Year ended March 31, 2026, under Indian Accounting Standards (IndAS). Furthermore, the meeting is...

Trishakti Industries Secures Work Order from Larsen & Toubro Limited Trishakti Industries Limited has secured a work order from Larsen & Toubro Limited for the deployment of advanced Machineries and skilled manpower at one of L&T's flagship project sites.The order from Larsen & Toubro Limited signals confidence from a top-tier corporate entity in the execution capabilities and asset strength of the company, which management believes will contribute to stronger revenue visibility and profitability in the coming quarters.Contract Details The details regarding the contract awarded by Larsen & Toubro Limited are summarized below.ParticularsDetailsName of the entity awarding the order(s)/contract(s)Larsen& Toubro Limited...

Max Healthcare Announces Board Approvals Including Kalinga Hospital Acquisition and Director Reappointment Max Healthcare Institute Limited announced key outcomes from its Board meeting held on April 8, 2026. The Board transacted approvals regarding the re-appointment of a director, the acquisition of a controlling stake in Kalinga Hospital Ltd., and securing funding for expansion.The Board approved the re-appointment of Mr. Narayan K. Seshadri as a Non-Executive and Non-Independent Director of the Company. This appointment covers a further period of three years, commencing from May 16, 2026, and ending on May 15, 2029, subject to member approval.Mr. Seshadri, aged 68 years, was appointed to the Board in May 2023. He is described as...

ICICI Prudential Asset Management Company to Hold Board Meeting on April 13, 2026 ICICI Prudential Asset Management Company Ltd announced that its Board of Directors meeting is scheduled for Monday, April 13, 2026. The meeting will consider and recommend the declaration of a final dividend, if any, for the financial year ending on March 31, 2026.ICICIAMC Stock Price Movement Shares of ICICI Prudential Asset Management Company Limited are gaining ground in live trading, currently clocking in at ₹3165.6, having risen 5.16% as of 12:13 PM. The equity showcases strong intraday momentum, underpinned by a substantial volume of 605,114 shares traded so far.Source:

Bharti Airtel Receives Notice from Telecom Department Regarding Verification Norms Penalty Bharti Airtel Ltd received a notice from the Department of Telecommunications concerning alleged violations of subscriber verification norms. The communication detailed a penalty imposing Rs. 1,04,000 for this alleged violation.The notice was received on April 07, 2026, at 1301 Hrs IST. The Department of Telecommunications, Maharashtra LSA ('DoT'), issued the notice.According to the details provided, the core issue relates to the Company's requirement, under its License agreement, to ensure adequate verification of customers before enrolling them as subscribers and to comply with instructions issued by DoT regarding this process. The DoT...

Yash Chemex Announces Retirement of Independent Director Yash Chemex Ltd confirmed the retirement of Mrs. Angee Rajendrakumar Shah from its Board of Directors, effective April 8, 2026. The change was reported due to the completion of her second consecutive term as an Independent Director.The retirement of Mrs. Angee Rajendrakumar Shah (DIN: 07486980) as a Non-Executive Independent Director was noted to take effect from the closing business hours of Wednesday, April 8, 2026.The company provided details regarding this change of director, noting the cessation was pursuant to the completion of her term.Current Board Composition The following directors comprise the Board of Yash Chemex Ltd with effect from April 9, 2026:Sr. No.Name...

IP Rings Ltd. Board Meeting Scheduled to Approve FY26 Financial Results IP Rings Ltd. announced that its Board of Directors has scheduled a meeting for Friday, May 29, 2026. The primary agenda item for this meeting is to consider and approve the Audited Financial Results for both standalone and consolidated statements for the quarter and the full year ended March 31, 2026.The company also noted a closure of the trading window for its securities. Following internal protocols related to the prohibition of insider trading, the window for Promoters, Directors, other connected persons, and designated employees was closed beginning April 01, 2026. This restriction remains in effect until the expiry of 48 hours from the date when the...

VST Industries Limited Receives Tax Order Regarding Export Refund for Andhra Pradesh VST Industries Limited reported receiving an order from the tax authority concerning the non-payment of an export refund amount for the state of Andhra Pradesh. The documentation indicates the receipt of this order on April 7, 2026.The order was received under Section 74 of the CGST Act/The Goods and Services Tax Act, 2017. The core issue relates to the alleged non-payment of a refund amount proportional to the value of exports, specifically concerning export proceeds not realized within the stipulated time frame across the Financial Years 20-21 to 23-24.The total amount specified in the order, including penalty, is Rs. 73,78,194/-.Key details...

LIC Housing Finance Limited Notes Change in Senior Management Personnel LIC Housing Finance Limited reported a change in its Senior Management Personnel (SMP) that occurred on the close of business hours on April 7, 2026.The management confirmed the change involving Shri Ganesh Kinkar Jena. His designation was General Manager (Marketing). The reason cited for this change was his cessation due to repatriation back to LIC of India.LICHSGFIN Stock Price Movement Shares of LIC Housing Finance Limited are rallying to ₹525.4 as of 11:56 AM, jumping 2.45% in live trading. The stock is exhibiting high intraday momentum, supported by robust trading activity with 877,966 shares having been traded.Source:

India Shelter Finance Corporation Allots Equity Shares Against Employee Stock Option Exercise India Shelter Finance Corporation Ltd announced on April 08, 2026, the allotment of 20,250 Equity shares of Rs. 5/- each following the exercise of vested Employee Stock Options under the company's ESOP Schemes. This transaction resulted in an increase in the company's paid-up share capital.The paid-up share capital of India Shelter Finance Corporation Ltd increased from Rs. 54,37,92,245, which consisted of 10,87,58,449 equity shares with a face value of Rs. 5/- each, to Rs. 54,38,93,495. The new capital base now comprises 10,87,78,699 equity shares, each having a face value of Rs. 5/-.The allotted shares will rank pari-passu with the...

Hilton and Royal Orchid Hotels Partner to Launch 125 New Hampton by Hilton Hotels in India Royal Orchid Hotels Limited announced a strategic agreement with Hilton to sign and open 125 Hampton by Hilton hotels across India. This partnership is set to boost Hilton's presence in the upper midscale segment as the Indian market witnesses growth in domestic travel and demand from the expanding middle class.The franchised hotels are primarily slated for development in the western and southern regions of India, including Goa, Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, and Telangana. These new additions will expand the global portfolio, which currently includes more than 3,100 Hampton by Hilton properties.Alan Watts, President, Asia...

Accord Transformer & Switchgear Ltd Receives Order for Transformers from Gurugram Hospital Company Accord Transformer & Switchgear Limited has received a commercial order for the supply of Transformers from a leading Hospital company based in Gurugram. The project is classified as a domestic commercial order.The order details indicate that the company is expected to execute the project according to the terms specified in the order. The transaction is characterized as a domestic commercial order from a domestic entity.The details of the received order are summarized below:ParticularsDetailsEntity Awarding OrderLeading Hospital company based in GurugramNature of OrderCommercial Order for TransformersOrder SizeRs. 23.00...

SG Finserve Ltd Allots 6,27,778 Equity Shares After Warrant Conversion SG Finserve Ltd announced the allotment of 6,27,778 equity shares following the conversion of warrants allotted on a preferential basis. This transaction follows an earlier intimation regarding the allotment of 1,00,00,000 Fully Convertible warrants of face value of ₹10/- each.The Allotment Committee of the Board of Directors conducted its meeting on April 08, 2026. During this meeting, the Committee allotted 6,27,778 equity shares, each having a face value of ₹10/-. These shares were allotted upon the conversion of 6,27,778 warrants.The conversion was executed upon the receipt of ₹337.5/- per warrant, which represents the balance 75% of the issue price of ₹450/-...

Renaissance Global Reports Significant Debt Reduction in Q4 FY26 Renaissance Global Limited, a prominent global entity in branded fine jewellery manufacturing, has announced a substantial reduction in its gross debt for the fourth quarter of fiscal year 2026. The company reported an approximate reduction of ₹123 crore in its gross debt during Q4 FY26.Sumit Shah, Global CEO of Renaissance Global, highlighted the significance of this financial development. He stated that the ₹123 crore reduction in gross debt during Q4 FY26 represents a 20% decline compared to the gross debt levels recorded at the end of Q3 FY26. At a constant exchange rate, this reduction translates to an increase of 24%.The leadership emphasized that this...

Omfurn India Reports Business Update Highlighting Growth and Strategic Shifts Omfurn India Limited announced its Business Update for H2 FY26 and FY 26, detailing performance metrics, operational enhancements, and the outlook for the upcoming fiscal year.The company reported a robust performance in the second half of FY26. Specifically, Omfurn India Limited achieved a year-over-year growth of approximately 21% in H2 FY26 compared to H2 FY25. This growth translated to a significant increase of approximately 60% between H1 and H2 of FY26, indicating strong business momentum across all key segments, including wooden doors, metal doors, and modular furniture.The company also noted expansion in its product offering following the...