Markets

Premier Explosives Secures Export Order Worth INR 350.23 Crores for Defence Products Premier Explosives Ltd has announced the receipt of a significant export order valued at INR 350.23 crores. The order pertains to the supply of Defence Products and is scheduled for delivery over a period of two years.The company confirmed that the order was awarded by an international entity and is classified as an international order for the supply of Defence Products.According to the details provided, the key terms and conditions of the contract are as follows:DetailSpecificationProduct SuppliedDefence ProductsClient TypeInternational Client / International EntityOrder NatureInternational OrderOrder SizeINR 350.23 crores...

Premier Explosives Ltd Cancels Export Order for Defence Explosives Worth Rs. 18.90 Crores Premier Explosives Ltd has announced the termination of an export order for Defence Explosives, valued at Rs. 18.90 crores. The cancellation involves an international entity and Premier Explosives Limited, India.The order cancellation occurred due to the non receipt of an export license from the Government of India for the specified products. This significant contract modification relates to the supply of Defence Explosives.The details surrounding the order termination are as follows:Parties to the OrderInternational Entity and Premier Explosives Limited, IndiaNature of OrderSupply of Defence ExplosivesFinancial ValueRs. 18.90 crores...

DIC India Limited Files Appeal Against New Delhi District Court Order DIC India Limited has announced that it has filed an appeal before the Hon'ble Delhi High Court, challenging an order dated April 7, 2026. The legal action relates to a commercial suit for recovery that was originally filed against Star Plastics before the District Courts in New Delhi.The company is challenging the order passed by the District Court, which was dated April 7, 2026, and subsequently uploaded on the official website of the District Court on April 13, 2026.The appeal marks a significant development in the ongoing litigation. Regarding the financial implications, quantum of claims, and compensation, the company stated that these details are as...

Eveready Industries to Hold Board Meeting on April 30 to Approve Financial Results Eveready Industries India Ltd announced that its Board of Directors will convene a meeting on Thursday, April 30, 2026. The meeting is scheduled to consider significant annual financial and dividend matters related to the company.At the meeting, the Board is set to approve the annual audited financial results of Eveready Industries India Ltd. The results include both standalone and consolidated figures for the quarter and the full financial year ended March 31, 2026.In addition to reviewing the financial outcomes, the primary agenda also includes the recommendation of any dividend for the financial year that concluded on March 31, 2026.The company...

Manba Finance Ltd. Board to Approve Results and Plan Fresh Debt Issue of Up to INR 200 Crores Manba Finance Ltd. announced that its Board of Directors is scheduled to meet on Monday, May 18, 2026. The meeting agenda includes considering the company's financial performance and planning a significant fresh debt issuance.During the board meeting, directors will consider and approve the audited standalone financial results for the quarter and the year ended March 31, 2026. The board will also recommend any dividend on equity shares for the fiscal year ended March 31, 2026.A primary focus of the meeting is the approval of a fresh issue of various debt securities. The company plans to seek approval for an issue of Secured Non-Convertible...

Aeroflex Industries to Host Investor Meeting on Supply Chain Resilience Aeroflex Industries Limited has scheduled an interactive session with analysts and institutional investors, focusing on supply chain resilience. The meeting is part of the Goldman Sachs India Supply Chain Resilience Corporate Day initiative.The company confirmed that the structured interaction is set to take place virtually on May 20, 2026.According to the schedule provided, the meeting details are as follows:DateTimeType of MeetingOrganized ByModeMay 20, 202610:00 AM to 11:00 AMGroup MeetingGoldman Sachs India Supply Chain Resilience Corporate DayVirtualThe discussions planned for the session will be based on publicly available information.AEROFLEX...

INDO SMC Ltd Secures Two Purchase Orders Worth Rs. 3525.50 Lacs for FRP Products INDO SMC Ltd, which was previously known as INDO SMC PRIVATE LIMITED, has reported the receipt of two significant purchase orders totaling an aggregate value of Rs. 3525.50 Lacs. These orders cover the supply of various Fiber Reinforced Plastic (FRP) products, bolstering the company's positioning in the composite manufacturing supply chain.The two orders, both received on April 22, 2026, are split into separate product lines and supply timelines.The first order is valued at Rs. 2423.50 Lacs, received under PO No. Asiatic/0006. This purchase order is for the supply of various dimensions and types of Cable Tray, Perforated Cable Tray, Ladder Cable Tray...

Pine Labs Confirms Partnership Details with Karnataka Bank for Retail Payment Solutions Pine Labs Ltd. has provided clarification regarding a news item concerning its partnership with Karnataka Bank Limited for providing retail payment solutions. The company affirmed that the collaboration falls within the ordinary course of its business and is part of its ongoing strategy to deepen bank alliances.Pine Labs confirmed that it entered into a commercial agreement with Karnataka Bank Limited for the provision of these retail payment solutions. The public announcement regarding this arrangement originated from Karnataka Bank itself, as the bank issued a press release on April 21, 2026.Nature of the Collaboration The company, which is...

Sheela Foam Ltd. Receives Trading Approval for Shares Issued via Composite Scheme of Arrangement Sheela Foam Ltd. has announced that it has received listing and trading approval from both the BSE Limited and the National Stock Exchange of India Limited. The approval pertains to the equity shares allotted as part of a Composite Scheme of Arrangement.The scheme involved the amalgamation of Belvedore International Limited, Kanvas Concepts Private Limited, Kurlon Retail Limited, Komfort Universe Products and Services Limited, and Starship Value Chain and Manufacturing Private Limited, into Kurlon Enterprise Limited (KEL), and subsequently into Sheela Foam Limited.Under this arrangement, the Company allotted a total of 4,88,146 equity...

Ravindra Energy Ltd Announces Board Meeting to Approve Financial Results for Year Ended March 31, 2026 Ravindra Energy Ltd has scheduled a meeting of its Board of Directors for Wednesday, April 29, 2026. The primary purpose of the board meeting is to consider and approve the Standalone and Consolidated Financial Results and Financial statements for the fiscal year ended March 31, 2026.The company also announced an update regarding the trading window for its securities. The trading window for designated persons and their immediate relatives has been closed since April 1, 2026. This closure will remain in effect until the expiry of 48 hours following the declaration of the financial results for the year ended March 31, 2026, to the...

Heranba Industries Board Meeting Scheduled to Discuss Conversion of ICDs to OFCDs Heranba Industries Ltd has announced that its Board of Directors meeting is scheduled for Monday, April 27, 2026. The meeting aims to address key corporate proposals, most notably the conversion of inter-corporate deposits (ICDs) issued by the company to its wholly owned subsidiary, Heranba Organics Private Limited (HOPL).The primary item on the board’s agenda is to consider and approve the proposal for converting the Inter-Corporate Deposits (ICD) granted by Heranba Industries Ltd to HOPL into Optionally Fully Convertible Debentures (OFCDs). The terms and conditions governing this conversion will be approved during the meeting.In addition to the board...

Viyash Scientific Appoints Two Additional Directors and Revises ESOP Pool Viyash Scientific Limited, formerly Sequent Scientific Limited, announced that its Board of Directors, at a meeting held on April 22, 2026, approved the appointment of two additional directors and revised the employee stock option pool for its 2026 scheme.The company approved the appointment of Mr. Amit Jain and Mr. Abhiroop Jayanthi as Additional Directors. Both appointments are designated as Non-Executive, Non-Independent Directors, effective from April 22, 2026, and are liable to retire by rotation, subject to the approval of the shareholders.New Director Appointments The board took action to appoint two prominent figures in the industry:Mr. Amit Jain Mr...

AABL Strengthens Position in Keralam Following NCLT Approval to Acquire SDF Industries Ltd Associated Alcohols & Breweries Limited (AABL), a leading entity in the alco-bev industry, has announced that the National Company Law Tribunal (NCLT), Kochi Bench, approved its resolution plan for the acquisition of SDF Industries Ltd. The approval was granted via an order dated April 16, 2026.The acquisition of SDF Industries Ltd., a distillery-cum-bottling unit located in Thrissur, Keralam, was approved at a cost of ₹ 30.85 crore. Upon completion of the resolution plan, SDF Industries Ltd. is expected to become a wholly owned subsidiary of AABL.Strategic Assets of SDF Industries SDF Industries Ltd. possesses significant operational capacity...

Tata Chemicals Ltd to Host Q4 and FY26 Earnings Call on May 4 Mumbai, April 22, 2026: Tata Chemicals Limited, a global company specializing in Basic Chemistry and Specialty Products, has announced it will organize a conference call for investors and analysts. The call is scheduled for Monday, May 4, 2026, at 7:30 PM IST, focusing on the Company's financial performance for the fourth quarter and the full fiscal year ending March 31, 2026.The event will feature key management personnel, including R Mukundan, Managing Director & CEO, and Nandakumar Tirumalai, Chief Financial Officer, who will lead the discussion.The conference call is designed to commence with key commentary from the Tata Chemicals Ltd management team. This will be...

East India Drums and Barrels Secures Rs 2,98,77,397 Order from Indo Tibetan Border Police East India Drums and Barrels Manufacturing Limited has received a Letter of Acceptance (LOA) from the Indo Tibetan Border Police (ITBP) for the supply of industrial packaging materials, solidifying its presence in India's defense and energy sectors.The company, which was formerly known as Precision Containeurs Limited, announced the receipt of the order for Steel Drums/Barrels. The total value of the contract amounts to Rs. 2,98,77,397/- (Rupees Two Crore Ninety Eight Lakh Seventy Seven Thousand Three Hundred Ninety Seven Only).According to the company, these barrels are slated for supply to Guwahati.The acquisition of this order marks a...

Icodex Publishing Solutions Ltd Secures Rs 10.8 Crore Credit Facility from ICICI Bank Icodex Publishing Solutions Ltd announced that its Board of Directors approved securing a credit facility from ICICI Bank. The approval, made at the Board meeting held on April 22, 2026, targets working capital, general corporate purposes, and capital expenditure (capex).During the Board meeting, the company approved availing credit facilities from ICICI Bank, Viman Nagar Branch. The aggregated facility is set at Rs. 10,80,00,000 (Rupees Ten Crore Eighty Lakhs only). This credit arrangement will be structured through a Credit Arrangement Letter (CAL).The Board meeting commenced at 12:00 p.m. and concluded at 12:30 p.m. on April 22, 2026.The key...

Muthoot Finance Declares Interim Dividend of Rs. 30 Per Equity Share, Outlining TDS Structure Muthoot Finance Limited announced that its Board of Directors, during a meeting held on April 10, 2026, declared an interim dividend of Rs. 30 per equity share for the financial year 2025-26.The interim dividend is set to be paid to shareholders based on the beneficial ownership details furnished by the Depositories. For shares held in physical form, payment will be made to members whose names appear on the Register of Members of the Company as on the close of business hours on Friday, April 17, 2026.The company noted that, in accordance with the provisions of the Income-tax Act, 2025, which replaced the Income-tax Act, 1961, effective...

Karur Vysya Bank Opens New Branch in Thirupuvanam Karur Vysya Bank Limited announced the inauguration of a new branch location, expanding its network presence. The bank confirmed that the new branch will become operational on April 27, 2026.The newly established facility is located in Thirupuvanam and serves the Sivaganga District.The details of the new branch are as follows:S. NoBranch Serial NumberName of the BranchAddress of the BranchDate of opening1902ThirupuvanamNo. 99/2, Madurai Mandapam Main Road, Thirupuvanam Town Panchayat and Thirupuvanam Taluk, Sivaganga District - 630 61127.04.2026KARURVYSYA Stock Price Movement Shares of Karur Vysya Bank Limited are rallying as of 12:39 PM, gaining ₹9.70, or 3.34%, with the...

The Phoenix Mills Limited to Host Q4 and FY26 Earnings Conference Call on April 28 The Phoenix Mills Limited (PML), a prominent owner, operator, and developer of retail-led mixed-use destinations in India, has scheduled an earnings conference call for investors and analysts. The call will focus on discussing the financial results and business developments for the quarter and financial year ended March 31, 2026.The company's Board Meeting is set to take place on Monday, April 27, 2026, during which it will consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.Following the board meeting, PML will host the dedicated conference call on Tuesday, April 28...

Abbott India Ltd Announces Key Directorship and Senior Management Changes Abbott India Ltd has announced several updates regarding its board of directors and senior management following the outcomes of its recent Board Meeting held on April 22, 2026. The board approved the appointment of two new directors and the appointment of a new senior management professional, alongside noting key changes in the existing leadership team.Director Changes and Appointments The company confirmed the resignation of Ms. Alison Davies, effective close of business hours on April 22, 2026, citing other professional commitments. Additionally, Ms. Anisha Motwani, an Independent Director, concluded her second term, ceasing her directorship on April 24, 2026...