Markets

PCBL Chemical Ltd Allots Commercial Paper of Rs. 200 Crores PCBL Chemical Ltd announced the allotment of Commercial Paper (CP) worth Rs. 200 Crores on April 23, 2026. The funds were allotted through the Fund Raising Committee-Commercial Paper, capitalizing on the company's internal delegation of power from its Board of Directors.The company allotted 4,000 units of the Commercial Paper, with each unit having a Face Value of Rs. 5,00,000/-.The key details of the commercial paper issuance are summarized below:DetailDescriptionCompany NamePCBL Chemical Ltd (formerly PCBL Limited)Issue SizeRs. 200 CroresUnits Allotted4,000 unitsFace Value per SecurityRs. 5,00,000/-ISININE602A14497Tenure90 DaysAllotment DateApril...

Sterling and Wilson Renewable Energy Announces FY2026 Standalone and Consolidated Financial Results Sterling and Wilson Renewable Energy Ltd. has announced its audited financial results for the year and quarter ended March 31, 2026. The company released the results, which included both standalone and consolidated figures, confirming an unmodified opinion on the financial statements from the statutory auditors, Kalyaniwalla & Mistry LLP and Deloitte Haskins & Sells LLP.The reported figures indicate significant changes in the Group's financial position, particularly regarding total assets and the profitability for the year.Consolidated Financial Highlights The consolidated financial results provide an overview of the Parent Company...

Neopolitan Pizza And Foods Ltd to Shift Registered Office in Vadodara Neopolitan Pizza And Foods Ltd confirmed that its Board of Directors approved the shifting of the company's registered office within the local jurisdiction of the same city. The decision was taken during the Board Meeting held on April 23, 2026.The resolution approved the shift of the registered office from the current premises at 434 & 435 SWC Hub, Opp. Rajpath Complex, Vasana Bhayali Road, Vadodara-391410 Gujarat, India, to a new location at 6 th Floor 611, Vihav Supremus, Near Amin Party Plot, Gotri Road, Vadodara-3900021, Gujarat.During the meeting, the Board of Directors also authorized Mr. Mukund Purohit, the Managing Director of Neopolitan Pizza And Foods...

Divyadhan Recycling Industries Limited Appoints Whole-time Company Secretary and Compliance Officer Divyadhan Recycling Industries Limited, formerly known as Divyadhan Recycling industries Private Limited, announced the appointment of Mr. Sanjay Kandpal as its Whole-time Company Secretary and Compliance Officer. The Board of Directors of the Company approved the appointment during a meeting held on April 22, 2026.Mr. Sanjay Kandpal, who possesses Membership No. 63938, has been appointed to the role of Whole-time Company Secretary and Compliance Officer. The company stated that Mr. Kandpal possesses the requisite qualifications and experience, having been identified as a qualified Company Secretary and a member of ICSI, with knowledge...

AABL Strengthens Keralam Foothold Following NCLT Approval to Acquire SDF Industries Ltd Associated Alcohols & Breweries Limited (AABL), a key player in the alcohol beverage industry, has announced that the National Company Law Tribunal, Kochi Bench (NCLT), approved its resolution plan on April 16, 2026. The resolution plan covers the acquisition of SDF Industries Ltd., a distillery-cum-bottling unit located in Thrissur, Kerala.The acquisition, valued at ₹ 30.85 crore, will see SDF Industries Ltd. become a wholly owned subsidiary of AABL.Associated Alcohols & Breweries Limited (AABL) plans to use this strategic acquisition to significantly strengthen its operational presence in Kerala. The facility, situated on the border of the...

Vodafone Idea Limited Receives Order Under CGST Act Regarding Tax Non-Payment Vodafone Idea Limited has confirmed the receipt of an order from tax authorities concerning alleged non-payment of tax under the Central Goods and Services Tax Act, 2017.The order was passed by the Superintendent, Central Goods and Services Tax, Aizawl-I Range, Guwahati, following an investigation into alleged non-payment of tax under the reverse charge basis.The details provided regarding the action taken and the alleged contraventions are as follows:ParticularDetailsAuthoritySuperintendent, Central Goods and Services Tax, Aizawl-I Range, GuwahatiNature of OrderOrder passed under Section 74 of Integrated/Central/State Goods and Services Tax Act...

Union Bank of India Releases Financial Results for Quarter/Year Ended March 31, 2026 Union Bank of India today released its audited financial results and presentation detailing its performance for the quarter and year ended March 31, 2026. The bank reported key performance metrics across its lending portfolio, asset quality, and digital infrastructure.Profitability and Operational Performance The Profit & Loss Statement revealed the bank's key revenue streams. Net Interest Income for the quarter ended March 31, 2026, stood at ₹ 9,406 crore, representing a decrease of 1.14% year-on-year (Y-o-Y) and an increase of 0.84% quarter-on-quarter (Q-o-Q).Overall, the Operating Profit recorded for the quarter was ₹ 7,955 crore. The reported...

Dynamic Cables Signs Manufacturing Agreement with TS Conductor Corp for HTLS Conductors Dynamic Cables Limited announced it has entered into a Manufacturing Agreement with TS Conductor Corp, a US-based entity. This strategic partnership enables Dynamic Cables Limited to manufacture High Temperature Low Sag (HTLS) Carbon Core Conductors, branded as TS® Conductor, utilizing advanced conductor technology.The agreement formalizes the manufacturing process for HTLS conductors, a product expected to play a significant role in improving grid efficiency in India.Partnership Details and Technology Scope The manufacturing agreement is with TS Conductor Corp, a company incorporated under the laws of the United States of America. TS Conductor...

Excellent Wires and Packaging Limited Receives In-Principle Approval for Proposed Rights Issue Excellent Wires and Packaging Limited has secured in-principle approval from the National Stock Exchange of India Limited (NSE) regarding its proposed Rights Issue of fully paid-up equity shares. The approval pertains to raising capital through the issuance of shares on a rights basis to eligible equity shareholders.The approval grants permission for the company to proceed with the Rights Issue, which is structured around the following material details:FeatureDetailCompany NameExcellent Wires and Packaging LimitedIssue TypeProposed Rights Issue of Fully Paid Equity SharesAggregated CapitalUp to Rs. 4,500.00 LakhsFace Value...

PH Capital Ltd. Announces Audited Financial Results for the Year Ended March 31, 2026 PH Capital Ltd. announced on April 23, 2026, that its Board of Directors approved the audited financial results for the fourth quarter, second half year, and the full financial year ended March 31, 2026. The audited results were provided by the company's statutory auditors, M/s. S.P Jain & Associates, Chartered Accountants.The company's operational and financial data for the periods ending March 31, 2026, and March 31, 2025, reveal performance across various financial metrics.Quarterly and Annual Operational Overview The Statement of Audited Financial Results provides a comparative look at the company's revenue, expenditure, and profitability...

Neomile Increases Stake in Innovision Ltd Through Open Market Acquisition Neomile Corporate Advisory Ltd and its associated funds have executed an Open Market acquisition of shares in Innovision Limited, significantly increasing its stake in the target company. The acquisition took place between April 20, 2026, and April 22, 2026.The acquirer, representing Neomile Corporate Advisory Ltd and associated Persons Acting in Concert (PACs), made the purchase of shares with the target company, Innovision Limited, which is listed on both the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Ltd (BSE).During the transaction, the acquirer purchased 16,91,738 shares carrying voting rights. This purchase of shares...

Alembic Pharmaceuticals Incorporates Wholly Owned Subsidiary in Germany Alembic Pharmaceuticals Ltd has established a new foreign venture by incorporating a wholly owned subsidiary in Germany. The subsidiary, named Alembic Pharmaceuticals GmbH, marks the company's strategic move to expand its reach and business operations in the German market.The establishment of Alembic Pharmaceuticals GmbH is aimed at exploring new business opportunities within the geography. This expansion will facilitate the promotion, sale, and distribution of the company's pharmaceutical products.The new subsidiary operates in the pharmaceuticals industry. Financial details confirm that Alembic Pharmaceuticals GmbH has a registered share capital of EUR 25,000...

Pee Cee Cosma Sope Ltd Approves Incorporation of Wholly Owned Subsidiary, Abhaya Nourishtech Limited Pee Cee Cosma Sope Ltd announced the approval, by the Executive Committee of its Board of Directors, for the incorporation of a new Wholly Owned Subsidiary. The Board approved the establishment of the entity, named Abhaya Nourishtech Limited, during a meeting held on April 23, 2026.The newly formed company, Abhaya Nourishtech Limited, will operate in the nutraceutical and food ingredients space. The business scope encompasses milk proteins/plant proteins, food and nutraceutical ingredients, finished products, and related trading activities.The financial structure and operational details of the subsidiary are as follows...

Bikaji Foods International Ltd Mourns Passing of Founder, Shri Shiv Ratan Agarwal Bikaji Foods International Ltd confirmed the demise of its founder, Shri Shiv Ratan Agarwal, on Thursday, April 23, 2026. Shri Agarwal held the position of Promoter, Chairman, and Whole Time Director at the time of his passing.Shri Shiv Ratan Agarwal was described as a pivotal figure who built the foundation of the highly recognized ‘Bikaji’ brand. His career was marked by his role in transforming the traditional Bikaneri snacks business into an internationally recognized brand by successfully merging authentic taste with modern business practices. His strategic acumen was noted for significantly bolstering the company's operational sustainability and...

Solex Energy to Showcase Advanced Solar Technologies at Renew X Chennai 2026 Solex Energy Limited, a leading solar module manufacturer and renewable energy solutions provider, has announced its participation in Renew X Chennai 2026. The event is scheduled to take place from April 27 to April 29, 2026, at the Chennai Trade Centre in Chennai.Located at Hall 03, Booth B165, Solex Energy will showcase its latest advancements in high-efficiency solar module technologies and engage with stakeholders within India's rapidly growing renewable energy ecosystem.The company’s presence at Renew X aligns with its strategic focus on expanding its market footprint in South India. The region is highlighted as a high-growth market, driven by...

SRG Housing Finance Ltd Board Approves Enhanced Borrowing Limit Up To ₹2,500 Crores SRG Housing Finance Ltd announced that its Board of Directors, during a meeting held on Thursday, April 23, 2026, considered and approved significant enhancements to the company's financial structure. The key resolutions concern increasing the borrowing powers and creating charges on company assets, both subject to shareholder approval.The board approved a proposal to enhance the overall borrowing limits of the company. This increase pertains to the company's borrowing powers under Section 180(1)(c) of the Companies Act, 2013. Upon shareholder approval, the company will be able to enhance its borrowing limits up to an amount not exceeding ₹2,500 Crores...

Radhe Developers Notifies Cessation of Independent Director Mr. Bharat Pandya The Board of Directors of Radhe Developers (India) Limited announced the completion of the tenure of Independent Director, Mr. Bharat Pandya. The Board noted the director's departure following the completion of his second term.The Board meeting confirming this development was held on April 23, 2026.According to the details provided, Mr. Bharat Pandya (DIN-07521459) ceased to be an Independent Director of Radhe Developers (India) Limited effective from the close of business hours on March 31, 2026. The reason cited for the change is the completion of his second term as an Independent Director of the company.The Board expressed appreciation for the...

Orient Beverages Ltd Appoints Raj Kumar Singh as Independent Director Orient Beverages Ltd has announced the appointment of Sri Raj Kumar Singh as an Additional Director, filling the role of Independent Director Non-Executive. The Board of Directors formally approved the appointment during a meeting held on April 22, 2026.The appointment of Mr. Singh, who holds DIN-07237275, is effective from April 22, 2026.Mr. Singh is noted to be a Commerce graduate with substantial experience spanning over 20 years in a family-run business. His professional background includes responsibilities for managing financial operations and overseeing overall business administration, qualifications that are expected to contribute significant value to the...

Rajesh Power Services Releases Audited Half-Year and Annual Results for FY26; Recommends 10% Dividend Rajesh Power Services Ltd. announced the completion of its Board of Directors meeting on April 23, 2026, confirming the approval of the standalone and consolidated audited financial results for the half-year and the full financial year ended March 31, 2026.The Board also recommended a final dividend and appointed new statutory auditors for the upcoming fiscal year.Dividend Recommendation and Appointments During the Board meeting, the directors recommended a final dividend of 10% on the Company's Equity Shares for the Financial Year 2025-26. This translates to Rs. 1/- (Rupee one only) per Equity Share, which has a Face Value of Rs...

Newgen Software Technologies to Hold Board Meeting on April 30 for Results Approval and Dividend Recommendation Newgen Software Technologies Ltd. announced that its Board of Directors meeting is scheduled for Thursday, April 30, 2026. The meeting is set to consider several key business items relating to the company's financial performance and shareholder returns.During the board meeting, the company plans to consider and approve the Audited Standalone and Consolidated Financial Results for the Quarter and the entire Financial year ended March 31, 2026.Additionally, the board will consider and recommend the Dividend on Equity shares, if any, for the financial year 2025-2026. The final dividend recommendation remains subject to...