Markets

Maruti Suzuki Announces Audited Financial Results and Dividend Recommendation for FY 2025-26 Maruti Suzuki India Ltd. announced its audited financial results for the year ended March 31, 2026. The company's Board of Directors also recommended a final dividend for the financial year 2025-26, subject to shareholder approval.The Group's annual general meeting is scheduled for August 31, 2026. Members holding records by the close of business hours on Friday, August 7, 2026 (the Record Date), will be eligible for the dividend. The recommended dividend is set to be paid on September 9, 2026.Audited Financial Performance Overview The company released standalone and consolidated financial statements for the quarter and year ended March 31...

LT Foods and KidZania Launch Immersive Factory Experience for Basmati Rice Education LT Foods Ltd., a billion-dollar global Fast-Moving Consumer Goods (FMCG) company, has partnered with KidZania India, the country's largest indoor edutainment theme park, to unveil an immersive factory experience dedicated to its flagship brand, DAAWAT®. The initiative aims to educate children on the entire journey of Basmati rice, from paddy to fork.The new experiential center, located at KidZania in Delhi NCR, is designed to engage young minds by bringing the complex processes of food manufacturing to life for children aged 4 to 14 years.During a typical engagement, children are invited to participate in role-play activities, taking on the roles of...

Halder Venture Ltd Pays Rs 2,59,600 Fine to BSE Over Board Composition Lapse Halder Venture Limited announced that it has paid a fine amounting to Rs 2,59,600, including GST, imposed by the Bombay Stock Exchange (BSE). The penalty related to non-compliance with listing regulations concerning the composition of the Board of Directors.The fine was imposed following non-compliance with Regulation 17(1) pertaining to the composition of the Board of Directors for the quarter ending December 2025. The company received the direction regarding the fine via email on February 27, 2026. Halder Venture Limited completed the payment of the penalty on April 27, 2026.The details of the penalty imposed by the BSE are summarized below...

Exim Routes Limited Independent Director Mahender Singh Tanwar Resigns Exim Routes Limited announced the resignation of its Independent Director, Mr. Mahender Singh Tanwar. The departure was attributed to personal reasons.Mr. Mahender Singh Tanwar resigned from his position as Independent Director of the company. The resignation was effective from the close of business hours on April 27, 2026. The company acknowledged Mr. Mahender Singh Tanwar for his contributions during his long association with Exim Routes Limited.The details pertaining to the change in directorship are as follows:ParticularsDetailReason for ChangeMr. Mahender Singh Tanwar has resigned from the post of Independent Director of the Company due to personal...

ICRA Revises Credit Ratings for Rama Phosphates Ltd, Boosting Total Rated Amount to Rs 168.00 Crore Mumbai, April 28, 2026: Rama Phosphates Ltd, a manufacturer of various chemical products including SSP Fertilizer, Sulphuric Acid, Oleum 23% | 65%, Chlorosulfonic Acid, Edible Soya Oil, Soya De Oiled Cake, Lecithin, MgSO, ZnSO (Hepta & Mono Hydrate), Mix Micronutrients, Sulphur DP, SSF, Phosphogypsum, and LABSA, received revised credit ratings from ICRA on April 28, 2026.The rating actions covered the company's facility limits, spanning both long-term and short-term fund and non-fund based limits.The detailed rating changes and associated facility amounts are presented below:FacilitiesPrevious Rated Amount (Rs. Crore)Current Rated...

Castora Agri Commodities Limited Changes Name Following MCA Approval Castora Agri Commodities Limited successfully changed its corporate name, following the issuance of a fresh Certificate of Incorporation by the Registrar of Companies, Central Processing Centre (CPC), Ministry of Corporate Affairs. The name change is effective from 28th April, 2026.The company, formerly known as Gopal Iron and Steels Company (Gujarat) Limited, formally transitioned to CASTORA AGRI COMMODITIES LIMITED. The approval and fresh Certificate of Incorporation were issued by the MCA on 28th April, 2026.The management confirmed the legal name change, stating that the name of the company is now CASTORA AGRI COMMODITIES LIMITED, effective on the date of the...

CRISIL Reaffirms Ratings on Meghmani Organics Ltd's Bank Facilities Meghmani Organics Ltd (MOL) has received a rating review from CRISIL Ratings Limited regarding the bank facilities of the company. The ratings were reviewed and communicated via a letter dated April 28, 2026.According to the review, the company's total bank loan facilities rated amount to Rs. 1094 Crore. The rating actions by CRISIL Ratings reaffirmed the company's status in both the long-term and short-term tranches.Key Rating Summary The review provided the following ratings for the company's debt instruments/facilities:Facility TypeRatingAction/OutlookLong Term RatingCrisil A/NegativeRating Reaffirmed (Outlook revised from 'Stable')Short Term...

Clean Max Enviro Energy Solutions Faces Tax Demand of INR 6.77 Crore for AY 2023-24 Clean Max Enviro Energy Solutions Limited has reported receiving an Assessment Order from the Income Tax Department concerning the Assessment Year 2023-24. The order, received on April 27, 2026, raises a significant income-tax demand on the company.The Assessment Unit, Income Tax Department, issued the order under Section 143(3) read with Section 144C(3) and Section 144B of the Income-tax Act, 1961. The assessment has raised a demand totaling INR 6,77,99,430.According to the details, the tax department has raised this demand based on certain additions and the disallowance of specific expenditures across various sections of the Income-tax Act.The...

Sapphire Foods Reports 11% Revenue Growth in Q4 FY26, Credits Strong Performance from KFC Sapphire Foods India Limited reported strong performance in the fourth quarter of fiscal year 2026 (Q4 FY26), which the company stated was its best quarter in the last 12 quarters, driven by robust consumer recruitment in its KFC segment. The company recorded revenue of ₹ 7898 Mn for Q4 FY26, marking 11% year-over-year (YoY) growth.In total, Sapphire Foods reported the addition of 19 KFC restaurants and 2 Pizza Hut locations in India, alongside 3 Pizza Hut locations in Sri Lanka, bringing the total restaurant count to 1,052 as of March 31, 2026.Financial Summary Highlights The financial results for Q4 FY26 and FY26 show significant shifts...

Dalmia Bharat Limited Reports Financial Results for Quarter and Year Ended March 31, 2026 New Delhi, April 28, 2026: Dalmia Bharat Limited, a leading cement manufacturing company, announced its consolidated financial results for the quarter and year ended March 31, 2026.The company reported significant performance metrics across the quarter and fiscal year. Key highlights for the quarter included a 3% year over year increase in sales volume, reaching 8.8 Million Tonnes (MnT), and a 4% year over year jump in revenues, totaling Rs 4,245 Crore. Furthermore, the company recorded its highest ever Quarterly EBITDA of Rs 902 Crore, marking a 14% year over year increase. As of March 31, 2026, the Net Debt to EBITDA ratio stood at 0.46x...

Leela Palaces Hotels Announces Board Approvals of Financial Results, Strategic Investment, and New Internal Auditor Leela Palaces Hotels & Resorts Limited announced on April 28, 2026, that its Board of Directors approved the audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The board meeting also approved an investment in BPBKC Properties Private Limited and appointed M/s. PricewaterhouseCoopers Services LLP as the Internal Auditor for the financial year 2026-27.The audit of the financial results was conducted by B S R & Co. LLP, the Statutory Auditor of the Company.Financial Performance Highlights (March 31, 2026) The company reported audited results for the year ended March 31...

Dhanlaxmi Bank Releases Audited Financial Results for FY26, Reports Net Profit of 10,275 Lakh Dhanlaxmi Bank Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The results were approved by the Bank’s Board of Directors at a meeting held on April 28, 2026.The Bank's Joint Statutory Auditors, M/s Sagar & Associates and M/s Abraham & Jose, issued a report confirming an unmodified opinion on the Audited Financial Results for the financial year ended March 31, 2026.Financial Performance Summary The audited financial statement results for the quarter and year ending March 31, 2026, detail the Bank's performance across multiple operational metrics.Based on the provided data (in Rs. in...

Brigade Group Acquires 5.72 Acres in Hyderabad for New Residential Project Brigade Group has announced the acquisition of a substantial prime land parcel in Hyderabad, earmarked for the development of a residential project. The land was secured through an auction conducted by the Telangana Industrial Infrastructure Corporation (TGIIC).The company acquired Plot 6 at Osman Nagar, Hyderabad, which comprises 5.72 acres. The purchase was made at a rate of INR 44 Crores per acre, excluding registration costs. This acquisition is positioned as a crucial component of Brigade Group's strategy to deepen its presence and expand its portfolio within Hyderabad.In commenting on the move, Amar Mysore, Executive Director of Brigade Enterprises...

Suyog Telematics Receives No Objection for Promoter Reclassification Suyog Telematics Limited has received No Objection certificates from both BSE Limited and the National Stock Exchange of India Limited concerning the reclassification of a promoter group. The company confirmed the reception of these NOCs on April 27, 2026.The reclassification involves Mr. Somnath Gurushant Lature, moving him from the 'Promoter Group' category to the 'Public' category. This development follows an initial intimation from the company regarding the application for the change.The company confirmed the clearance from the major exchanges on April 27, 2026.The specific promoter group involved in the reclassification is detailed as follows:Promoter...

IFCI Limited Announces Audited Standalone and Consolidated Financial Results for March 31, 2026 IFCI Limited announced on April 28, 2026, that its Board of Directors approved the Audited Standalone and Consolidated financial results for the quarter and year ended March 31, 2026. The company also confirmed that the audit reports contained an unmodified opinion.The financial results provide a detailed look at the operational and financial standing of the Group, spanning the three quarters and the full year ending March 31, 2026, compared to the previous financial years.Financial Performance Highlights Standalone Results: For the year ended March 31, 2026, IFCI recorded a total income of 924.07 crore. Revenue from operations stood at...

Premier Energy and Infrastructure Ltd Reschedules Board Meeting to Approve Financial Results Premier Energy and Infrastructure Ltd has announced that its Board of Directors meeting, originally scheduled to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026, has been rescheduled.The meeting, which is set to address the Standalone and Consolidated Audited Financial Results, will now take place on Tuesday, May 05, 2026. This date replaces the original schedule set for Monday, May 04, 2026.The company confirmed that the Board of Directors meeting will review and approve the financial results as previously stated.Management also reaffirmed that the trading window for dealing in...

Manappuram Finance Ltd to Hold Board Meeting on May 04, 2026, to Approve Financial Results Manappuram Finance Ltd announced that its Board of Directors will convene a meeting on Monday, May 04, 2026. The meeting is scheduled to address the company's financial performance and potential dividend declaration.During the Board meeting, the directors are set to consider and approve the Audited Standalone and Consolidated Financial Results of Manappuram Finance Ltd. These results pertain to the financial year and quarter ending March 31, 2026. Additionally, the Board will consider the declaration of an interim dividend.The company also provided updates regarding its trading restrictions. The Trading Window for dealing in the securities of...

Coforge Recognized as Leader and Star Performer in Everest Group's Duck Creek Services PEAK Matrix Assessment 2026 Princeton, New Jersey, USA - April 28, 2026 — Coforge, an AI-native engineering services leader and enterprise transformation partner to the global insurance industry, has been named a Leader and Star Performer in the Everest Group Duck Creek Services PEAK Matrix® Assessment 2026. This positioning highlights Coforge's sustained momentum within the Duck Creek services market, driven by accelerating cloud-native modernization efforts and the demand for faster time-to-value from core insurance platforms by global insurers.The recognition underscores Coforge's deep industry expertise, particularly for Property and Casualty...

Gretex Industries Limited Announces Departures of Two Directors Gretex Industries Limited announced changes to its Board of Directors, noting the resignations of two key members: Mr. Vikash Kumar Agarwal and Ms. Rajkumari Harlalka. Both departures are effective from the close of business hours on May 04, 2026.Mr. Vikash Kumar Agarwal, who served as a Non-Executive Independent Director, resigned from his post. His resignation, tendered on April 27, 2026, cited personal and professional commitments to various companies as the reason for his departure.Similarly, Ms. Rajkumari Harlalka, a Non-Executive Director, also resigned. Her resignation, effective May 04, 2026, was attributed to personal and unavoidable circumstances.The company...

Google Launches $15 Billion AI Ecosystem in Visakhapatnam, Boosting India's Digital Infrastructure Google has broken ground on its major Artificial Intelligence (AI) Hub in Visakhapatnam (Vizag), Andhra Pradesh. This landmark project represents the company's largest investment in India’s digital future to date, aiming to establish a gigawatt-scale AI ecosystem and serving as a critical catalyst for realizing the vision of Viksit Bharat.The AI hub development is being executed in a strategic partnership involving AdaniConneX and Nxtra by Airtel. The groundbreaking ceremony was attended by several key dignitaries, including Shri Ashwini Vaishnaw, the Union Minister for Railways, Information & Broadcasting, and Electronics & Information...