Markets

Ceigall India Ltd Approves Incorporation of SPV for Ambala Chandigarh Zirakpur Infrastructure Project Ceigall India Ltd has approved the incorporation of a new Special Purpose Vehicle (SPV) named Ceigall Ambala Chandigarh Zirakpur Limited. The approval was granted by the Company's Management Committee of the Board of Directors during its meeting held on April 23, 2026. The newly formed entity is set to operate as a step down subsidiary of Ceigall India Limited.This strategic move by Ceigall India Limited is linked to a major infrastructure project award. The parent company's wholly owned subsidiary, Ceigall Infra Projects Private Limited, was awarded the contract by the National Highways Authority of India (NHAI). The award pertains...

BlueStone Jewellery and Lifestyle Announces Audited Financial Results and Employee Stock Option Allotment BlueStone Jewellery and Lifestyle Limited announced that its Board of Directors meeting, held on April 23, 2026, considered the company's performance, resulting in the declaration of audited financial results and key corporate updates.The company released the standalone and consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026. These results included an unmodified opinion from the statutory auditors, confirming the financial statements' accuracy for the period.For the full financial year ended March 31, 2026, the consolidated figures showed a Total Income of 24,860.00 INR million, against...

Saatvik Green Energy Appoints Key Managerial Personnel and Details Management Changes Saatvik Green Energy Limited announced key appointments to its Key Managerial Personnel (KMP) and reported a change in senior management status effective in the coming days. The company appointed Ms. Jyoti Verma as Company Secretary and Compliance Officer, and Mr. Rishabh Mehtta as Interim Chief Financial Officer. Furthermore, the company noted the transfer of its Chief Operating Officer to a wholly owned subsidiary.The appointments of Ms. Jyoti Verma and Mr. Rishabh Mehtta were made effective on April 23, 2026.Ms. Jyoti Verma, who holds the designation of Company Secretary and Compliance Officer, brings over 20 years of extensive experience in...

Techindia Nirman Ltd Announces Standalone Financial Results for the Quarter and Year Ended March 31, 2026 Techindia Nirman Ltd, formerly known as Nath Seeds Ltd, announced on April 23, 2026, that its Board of Directors approved the publication of its standalone financial results for the quarter and financial year ended March 31, 2026. The filing included the statement of financial results, the statement of impact of audit qualification, and the independent auditors report of the statutory auditors.Financial Results Summary The standalone audited results provide key financial metrics across various periods. The table below summarizes the audited and unaudited financial performance for the quarter and year ended March 31, 2026...

Shakti Press Ltd Announces Rights Issue of Equity Shares Shakti Press Ltd announced that its Board of Directors, in a meeting held on April 23, 2026, approved the terms for a Rights Issue of fully paid-up Equity Shares. The proposed issuance is structured to raise capital by offering shareholders the right to subscribe to new shares.The Rights Issue proposes the issuance of 2,46,41,400 Equity Shares. Each share has a face value of Rs. 10.00 and carries a premium of Rs. 10.00. Cumulatively, the issuance represents an aggregate amount of Rs. 49,28,28,000. The issue price has been set at Rs. 20.00 per Equity Share.The company specified the following key details regarding the allotment and timeline:DetailSpecificationType of...

Hindustan Composites Board Approves FY26 Financial Results, Recommends Dividend and Capacity Expansion Hindustan Composites Ltd. announced key decisions following its Board of Directors meeting held on April 23, 2026. The board approved the audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026, and recommended the payment of a dividend.The company also detailed its approved capacity expansion plan for the financial year 2026-27 and re-appointed its cost auditors for the coming fiscal year.Financial Highlights and Dividend Recommendation At the board meeting, the company approved the audited standalone and consolidated financial results for the quarter and financial year ended...

Shakti Press Ltd Announces Record Date for Rights Issue Shakti Press Ltd has announced the record date for the issuance of Rights Equity shares. The company fixed Wednesday, April 29, 2026, as the record date to determine the eligibility of its shareholders for this offering.The planned Rights Issue entitles existing Equity shareholders who hold one fully paid-up Equity share to receive seven Rights Equity shares. This issuance is scheduled on a rights basis for the company's shareholders.Stock Price Movement As the market closed today, shares of Shakti Press Ltd. finished lower, settling at ₹23.51, down 1.43% for the session. Throughout the trading day, the stock moved within a range, fluctuating between a low of ₹23.20 and a high...

Sea TV Network Ltd Declares Non-Status as Large Corporate Entity Sea TV Network Limited has announced a clarification regarding its corporate classification, confirming that the company does not fall under the definition of a Large Corporate.The company stated that its current structure and parameters do not meet the categories stipulated under the relevant SEBI circular criteria related to Large Corporates. This confirmation serves to update stakeholders on Sea TV Network Limited's corporate standing.Stock Price Movement Sea TV Network Ltd. shares settled at ₹3.80 on Thursday, recording absolutely no percentage change for the day. The stock remained completely flat throughout the session, as its intraday high and low were both...

Genesys International Corporation to Increase Authorized Share Capital to Rs. 45 Crore Genesys International Corporation Ltd has announced a significant corporate action, detailing the increase of its authorized share capital and the approval of a notice for a postal ballot, following the outcome of its Board of Directors meeting.At the Board meeting held on April 23, 2026, the company approved the increase of its authorized share capital. This move facilitates the issuance of additional equity shares.The approved increase expands the company's authorized capital from Rs. 27,25,00,000 (Rupees Twenty Seven Crores Twenty Five lakhs only) to Rs. 45,00,00,000 (Rupees Forty Five Crores only).The transaction involves creating an...

Classic Filaments Ltd Approves New Corporate Office in Faridabad Classic Filaments Limited announced that its Board of Directors approved the establishment of a new corporate office location. The approval was finalized during the board meeting held on Thursday, April 23, 2026.The board resolution sanctioned setting up the Company's corporate office at C-839, 8th Floor, Vipul Plaza, Sector-81, Faridabad-122004. The approval also included the authorization of officials to undertake all necessary statutory and regulatory compliances associated with establishing the new corporate location.In addition to establishing the new office, the board approved that the company's records will be maintained there. According to the notice, the books...

Cyient Board Approves ₹720 Crore Share Buy-Back Amid Strong FY26 Performance Cyient Limited, a global Intelligent Engineering and Technology Solutions company, announced its financial results for the quarter and year ended March 31, 2026, alongside the board's approval for a substantial share buy-back.The company reported that its DET Revenue for the fiscal year ended 2026 reached INR 5,819 crores, marking a 5.5% year-on-year growth. Profit After Tax (PAT) showed a year-on-year increase of 7.2%, reaching INR 588 crores.Cyient also announced that its Board of Directors approved a proposal to buy back equity shares for an aggregate consideration not exceeding ₹720 crore. The buy-back will be conducted through a tender offer at a price...

UTI Asset Management Company Approves Financial Results and Recommends Final Dividend UTI Asset Management Company Ltd (UTIAMC) announced that its Board of Directors, in a meeting held on April 23, 2026, approved the audited standalone and consolidated financial results for the quarter and the full financial year ended March 31, 2026. Furthermore, the Board recommended a final dividend of ₹ 40/- per equity share for the financial year ending March 31, 2026, subject to subsequent shareholder approval.The company released the audited financial results and statements covering the quarter and the full financial year ending March 31, 2026, alongside the statutory auditor’s report.The Board meeting commenced at 1400 hrs IST and concluded...

Lead Reclaim Raises ₹35.58 Crore to Boost Expansion into Four Sustainable Verticals Lead Reclaim and Rubber Products Ltd (LRRPL), a leading manufacturer of reclaim rubber and rubber granules, has announced a preferential issue of ₹35.58 crore. The capital raise aims to accelerate the company's expansion into four new, margin-accretive, and sustainability-driven product verticals. The successful round saw strong participation from Public and Marquee Investors, with the Promoter segment accounting for 50% of the total capital.The expansion strategy positions LRRPL at the intersection of the circular economy and cost-efficient industrial substitutes, capitalizing on strong regulatory tailwinds like Extended Producer Responsibility (EPR)...

Indian Energy Exchange Limited Announces Audited Financial Results for FY 2026 and Q1 2026 Indian Energy Exchange Limited has released its audited standalone and consolidated financial results, providing a detailed financial overview for the year ended March 31, 2026. The company also provided results for the quarter ended March 31, 2026, with data available for comparison against previous fiscal years.The financial results cover metrics including Total Income, Total Expenses, and Profit for the Period, segmented across both Standalone and Consolidated reporting formats.Consolidated Financial Performance Overview The consolidated results indicate the following key financial performance metrics (Amounts in Indian Rupees (₹) lakhs)...

Crisil Reaffirms and Revises Credit Rating for Standard Engineering Technology Ltd and Subsidiary Crisil Ratings Limited has revised and reaffirmed the credit ratings for Standard Engineering Technology Limited (SETL) and its material subsidiary, S2 Engineering Industry Private Limited. The ratings pertain to their respective Long Term and Short Term Bank Facilities.Crisil Ratings issued the revised ratings via a letter dated April 23, 2026.Standard Engineering Technology Limited RatingsFor Standard Engineering Technology Limited (formerly known as Standard Glass Lining Technology Limited), the ratings for the total bank loan facilities are as follows:CategoryTotal Bank Loan Facilities RatedValueRs. 103.5 CroreLong Term...

Mahindra Logistics Announces Annual Audited Financial Results for FY 2026 Mahindra Logistics Limited today released its Annual Audited Consolidated and Standalone Financial Results for the fourth quarter and the full financial year ended March 31, 2026. The results cover the period up to March 31, 2026, and provide financial figures for comparison against the previous year.The company confirmed that the Statutory Auditor, Deloitte Haskins & Sells LLP, has issued an unmodified opinion on the Annual Audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2026.Consolidated Performance Summary The company's Consolidated Segment Information shows revenue details for the year ended March 31, 2026...

Rikhav Securities Announces Open Offer for Up to 26% Stake Following Promoter Group Acquisition Mumbai, April 23, 2026: Rikhav Securities Limited, a prominent diversified stock market services provider, has announced an open offer initiated by its promoter group. The promoter group, comprising Mr. Hitesh Lakhani, Mr. Deep Lakhani, Mrs. Vaishali Shah, and Mrs. Bharti Lakhani, along with persons acting in concert, is offering up to 26% of the Company's voting share capital to the public.Open Offer Details The open offer provides public shareholders with an opportunity to tender shares at a fixed price. Key details of the proposed open offer are as follows:MetricDetailsShares OfferedUp to 99,55,920 equity sharesStake...

Hindustan Petroleum Corporation Limited Receives Independent ESG Rating Assessment Hindustan Petroleum Corporation Limited, a Government of India enterprise, has received an Environmental, Social, and Governance (ESG) rating from ESG Risk Assessments & Insights Limited.The rating was assigned by ESG Risk Assessments & Insights Limited, who confirmed that the assessment was prepared independently, and the Company had not engaged the firm for this specific ESG Rating.The details of the rating published by ESG Risk Assessments & Insights Limited are available through the provided online resource. This assessment marks the completion of the ESG Risk Assessments & Insights Limited rating cycle for the Corporation.HINDPETRO Stock Price...

Azad Engineering Ltd Signs Amendment No. 3 to Strategic Supply Agreement with Nuovo Pignone Azad Engineering Ltd has finalized Amendment No. 3 to its Strategic Supply Agreement with Nuovo Pignone S.r.l., a company belonging to Baker Hughes Company. The amendment was signed on April 23, 2026, modifying the original agreement that was executed on March 6, 2024.The agreement confirms Azad Engineering’s ongoing supply relationship with Nuovo Pignone S.r.l., which is registered in Via F. Matteuici, Florence (FI), Italy, and is a part of the global Baker Hughes Company.The amendment is integral to the original Strategic Supply Agreement, which remains in force for a total term of five years, concluding in CY 2030. The development was...

Jattashankar Industries Announces Board Meeting on April 28; Trading Window Closes for Insiders Jattashankar Industries Ltd has scheduled a Board of Directors meeting for Tuesday, April 28, 2026. The meeting, slated for 04:00 P.M., will be held at the Company's registered office in Mumbai.The Board is set to consider several key corporate agenda items. The primary topics for discussion include:The proposal for raising funds through the issue of Equity Shares and/or Convertible Warrants on a preferential basis. Fixing the day, date, time, and venue for conducting an Extra-Ordinary General Meeting (EGM), and approving the Notice for the EGM. Any other business matter permitted by the Chairman of the Board Meeting.Insider Trading...