Markets

ICICI Bank Allots 1,339,243 Shares Under Employees Stock Option Scheme ICICI Bank Ltd has announced the allotment of equity shares to employees under the ICICI Bank Employees Stock Option Scheme 2000.The bank allotted a total of 1,339,243 equity shares. Each share has a face value of Rs. 2.The allotment was approved by the bank's Executive Directors on April 28, 2026, at 10:51 a.m. The shares are part of the operational benefits provided through the ICICI Bank Employees Stock Option Scheme 2000.ICICIBANK Stock Price Movement As of 11:38 AM, shares of ICICI Bank Limited are slipping by 0.80% in live trading, currently trading at ₹1303.6. The stock has shed ₹10.50 in session, accompanied by heavy liquidity as it handles a volume of...

TCS and ASX Successfully Go Live with CHESS Release 1 for Cash Clearing and Settlement Tata Consultancy Services (TCS) has achieved a significant milestone in the modernization of Australia's financial market infrastructure, completing the deployment of Release 1 of the Australian Securities Exchange’s (ASX) Clearing House Electronic Subregister System (CHESS) program. This deployment represents a key step in the digital transformation journey of the ASX, developed in partnership with TCS.CHESS is the system responsible for facilitating the clearing and settlement of trades across eligible financial products. It manages the transfer of legal title to securities through its sub-register and enables delivery versus payment settlement by...

Bank of Baroda to Hold Board Meeting to Approve FY 2025-26 Financial Results Bank of Baroda announced that its Board of Directors will convene a meeting on Friday, May 8, 2026. The meeting is scheduled to take place at the Bank's Corporate Office in BKC, Mumbai.The board agenda includes key financial considerations for the quarter/year ended March 31, 2026.During the meeting, the board is scheduled to discuss and take decisions on the following matters:Considering and approving the Audited Standalone and Consolidated Financial Results of the Bank, along with relevant segment reporting, for the period ended March 31, 2026. Considering and recommending a dividend for the Financial Year 2025-26, if any.In a separate market...

Ddev Plastiks Industries Commences Operations of New XLPE Manufacturing Unit in Rajasthan Ddev Plastiks Industries Limited is set to enhance its production capabilities with the commencement of commercial operations at its new manufacturing facility. The company announced that the new unit, specializing in XLPE and allied products, began operations on April 28, 2026.The new unit is located in Bhiwandi, Rajasthan, marking a significant expansion for the company. It has an installed capacity of 48000 MTPA.The key details regarding the new operational unit are summarized below:ParameterDetailsNature of UnitXLPE and allied products Manufacturing UnitLocationBhiwandi, RajasthanDate of CommencementApril 28, 2026Installed...

Jindal Poly Films Receives Show Cause Notice from SEBI Regarding Corporate Governance and Disclosures Jindal Poly Films Limited has reported receiving a Show Cause Notice from the Securities and Exchange Board of India (SEBI). The notice, dated April 27, 2026, addresses observations concerning certain transactions and issues related to the company’s disclosures and corporate governance practices.The communication indicates that SEBI has issued the notice, giving the company an opportunity to file a reply to the observations noted.SEBI's concerns, as outlined in the notice, pertain to specific sections of the SEBI Act, including Sections 11(1), 11(4), 11(4A), 11B(1) and 11B(2) read with Sections 15HA and 15HB of the SEBI Act, 1992...

Teamlease Services Receives Show Cause Notice from Employees' Provident Fund Organisation Teamlease Services Limited has confirmed receipt of a Show Cause Notice (SCN) from the Employees' Provident Fund Organisation (EPFO), Ministry of Labour and Employment, Government of India. The notice, dated April 13, 2026, was received by the company on April 23, 2026.The SCN issued by the EPFO alleges certain contraventions related to the administration and management of funds by the Employees' Provident Fund Trust.The key observations raised in the notice center on four main areas: 1. Investment Losses 2. Losses on sale of Bonds and Debentures 3. Misappropriation of Reserves 4. Certain employee-related amounts flagged as recoverable, for...

MMTC Limited Reports Expiry of CMD's Term on Board of Directors MMTC Limited has confirmed the expiration of a key directorship appointment, noting that the extension status is pending from the relevant Ministry.According to the details provided, Shri Nitin Kumar Yadav, AS (MoC), has seen his term as the CMD (Additional Charge) on the Board of MMTC Limited expire on April 28, 2026.The company issued the report stating that while an extension of Shri Nitin Kumar Yadav's appointment is expected from the Ministry, official confirmation regarding this extension has not yet been received.MMTC Stock Price Movement Shares of MMTC Limited are edging higher to ₹67.33 as of 11:22 AM, rallying by 0.49% or ₹0.33 in live trading. The stock...

Shyam Metalics to Hold Board Meeting to Approve FY26 Results and Recommend Final Dividend Shyam Metalics and Energy Limited announced that its Board of Directors meeting is scheduled for Monday, May 11, 2026. The meeting is set to consider several key corporate items, including the approval of the company's financial results for the quarter and financial year ending March 31, 2026, and the recommendation of a final dividend for the financial year 2025-26.The board’s agenda is structured to review the company's recent performance and outline future plans. During the meeting, directors will consider and approve the Audited Standalone and Consolidated Financial Results of Shyam Metalics and Energy Limited for the quarter and financial...

InfoBeans Technologies Launches RAI: AI-Native QA Agent for Software Assurance InfoBeans Technologies Limited, a global technology services company and ServiceNow Premier Partner, has launched RAI (Reliability & Assurance Intelligence). This AI-native QA automation agent is designed to embed trust and reliability into the output of AI-generated software.The launch addresses a growing need within enterprise software development. As organizations accelerate delivery using AI agents and code generation tools, a critical challenge has emerged: ensuring the accuracy and reliability of the AI output.Solving the AI Trust Gap RAI functions as an intelligent QA layer that integrates directly into Continuous Integration/Continuous Delivery...

DSM Fresh Foods Incorporates Subsidiary Varuna Aquatech for Aquaculture and Fisheries Expansion DSM Fresh Foods Ltd has announced the incorporation of a new subsidiary, Varuna Aquatech Private Limited. The formation of Varuna Aquatech marks a key step in the company's expansion strategy within the aquaculture, fisheries, and food processing sectors.The company confirmed the incorporation of the subsidiary, which has received its Certificate of Incorporation from the Central Processing Centre, Ministry of Corporate Affairs.The subsidiary is positioned to undertake a comprehensive range of activities across the aquatic resource chain. Its primary objectives include carrying on aquaculture, fisheries, processing, trading, and export...

Bharat Heavy Electricals to Hold Board Meeting to Consider Final Dividend for FY 2025-26 Bharat Heavy Electricals Ltd (BHEL) has announced that its Board of Directors will convene a meeting to review the potential final dividend for the fiscal year 2025-26.The Board Meeting is scheduled to take place on Monday, May 4, 2026. During this session, the primary agenda item is the consideration and recommendation of a Final Dividend, should any be deemed appropriate for the financial year 2025-26.BHEL Stock Price Movement Shares of Bharat Heavy Electricals Limited are slipping by 0.07% in live trading, currently trading at ₹348.32 as of 11:16 AM. Despite hitting its 52-week high of ₹354, the stock has shed ₹0.26 today, doing so on a...

Innovators Facade Systems Ltd Wins Contract for Worli Sea Face Project from Lodha Developers Innovators Facade Systems Ltd has secured a Letter of Award (LOA) for the Design, Supply, and Installation of facade works. The contract was awarded by Lodha Developers Limited for the high-profile Lodha Worli Sea Face Project.The project, situated in Worli, Mumbai, represents a significant business development for the facade systems company.According to the details provided, the order size, excluding taxes, totals INR 76.82 Crores. The contract falls under the purview of a domestic entity.The estimated completion period, as stipulated in the Letter of Award, is two years. Furthermore, the transaction was noted as neither involving a...

Akme Fintrade Board Meeting Scheduled to Approve Q4 FY26 Results Akme Fintrade (India) Ltd has announced that its Board of Directors meeting is scheduled for Wednesday, May 06, 2026. During this meeting, the company will consider and approve the Audited Financial Results, along with the Auditors Report, for the quarter and the full year ended March 31, 2026.The company also issued a notification regarding the closure of its trading window, which is in continuation of previous communications. The trading window for dealing in the shares of Akme Fintrade (India) Ltd will remain closed starting April 01, 2026. The closure will continue until 48 hours following the declaration and announcement of the Financial Results for the quarter and...

Star Health and Allied Insurance Receives No-Objection for Promoter Reclassification Star Health and Allied Insurance Company Limited announced that it has received no-objection from both the BSE and the National Stock Exchange (NSE) concerning the reclassification of two associated entities.The approval grants the status change for Ebono Private Limited and GS E-commerce Private Limited. The reclassification was sought through an application dated January 30, 2026.The Bombay Stock Exchange (BSE) and the NSE confirmed the no-objection via letters dated April 27, 2026. Under the terms of the approval, Ebono Private Limited and GS E-commerce Private Limited are to be reclassified from the 'Promoter/Promoter Group category' to the...

Mayank Cattle Food Launches Premium Groundnut Oil, Diversifying Portfolio into FMCG Sector Mayank Cattle Food Limited has commenced the production of its new product, Groundnut Oil, marking a strategic step into the fast-moving consumer goods (FMCG) sector. The company announced the launch of the premium edible oil on April 28, 2026.The new Groundnut Oil is manufactured using carefully selected, high-grade groundnuts and processed under stringent quality control measures. This product aims to meet the growing consumer demand for healthy, natural, and chemical-free cooking oils.The company detailed its product offering, which is designed to cater exclusively to the domestic market. The Groundnut Oil line includes multiple formats to...

Shaily Engineering Plastics Confirms Stock Price Movement Is Market-Driven Shaily Engineering Plastics Limited issued a statement addressing recent inquiries regarding significant price movements in its securities. The company confirmed that the fluctuations observed in the stock price are purely market driven.The statement served as a reply to queries received concerning the company’s stock scrip, requesting information about any material events that may influence the price or volume behavior.Shaily Engineering Plastics Limited stated that, aside from information already made public, the company does not have any other material events to disclose. The company affirmed that the price movements in its shares are driven solely by...

RBI Extends Directions for Sonpeth Bank: Oversight Extended Until July 2026 as Review Continues The Reserve Bank of India (RBI) has issued a directive extending the operational period for Sonpeth Nagari Sahakari Bank Maryadit, Sonpeth, Dist. Parbhani, Maharashtra. The extension maintains regulatory oversight under Section 35A read with Section 56 of the Banking Regulation Act, 1949.The latest RBI press release, dated April 28, 2026, confirms that the bank’s period of operation under the directive has been further extended until July 30, 2026. This decision comes after a thorough evaluation by the central bank, citing the necessity to maintain public interest.Key Details of the Directive Extension In an official capacity, the RBI...

eMudhra Ltd Announces Q4 and FY2026 Earnings Conference Call for May 7 eMudhra Limited, India's largest licensed Certifying Authority, has scheduled its earnings conference call to discuss its performance for the fourth quarter and the fiscal year ending March 31, 2026. The conference call is set for Thursday, May 7, 2026, at 4:00 PM IST.The management team will be present during the call, featuring key executives from the company. Participants include Mr. Venkatraman Srinivasan, the Executive Chairman; Mr. Ritesh Raj Pariyani, the Chief Financial Officer; Mr. Kaushik Srinivasan, Executive Vice President - Product Development; and Mr. Arvind Srinivasan, Executive Vice President - International Sales and Strategy.The call provides...

HBL Engineering Ltd Board Meeting Scheduled for May 23, 2026, to Review FY26 Results HBL Engineering Ltd, formerly known as HBL Power Systems Limited, has scheduled a Board of Directors meeting for Saturday, May 23, 2026. The meeting is set to address crucial financial and corporate governance matters for the company.The primary objectives of the board meeting include the consideration and necessary approval of the audited financial results. These results cover both the standalone and consolidated performance for the quarter and the full year ended on March 31, 2026. Additionally, the board is expected to consider the recommendation regarding any dividend for the financial year 2025-26.In line with the company's internal policies...

EaseMyTrip Launches 'Great Indian Summer Travel Sale' with Exclusive Deals for Flights, Hotels, and Packages EaseMyTrip, a prominent online travel-tech platform in India, has announced the launch of its 'Great Indian Summer Travel Sale'. The campaign offers a comprehensive range of exclusive travel deals across flights, hotels, and holiday packages, running from April 28 to May 6, 2026.The 'Great Indian Summer Travel Sale' aims to provide savings for travelers planning their summer getaways by offering deals across multiple travel segments.Key Savings and Offers The sale provides substantial discounts and starting prices for various travel needs:CategoryMaximum Discount / Starting PricePromo CodeFlightsUp to INR 15,000...