Markets

Marvel Resorts Subsidiary Acquires Stakes in EPSMPL and SIPL in Strategic Investments Marvel Resorts Private Limited (MRPL), a wholly owned subsidiary of Delta Corp Limited, announced its acquisition of substantial equity stakes in two private limited companies: Easymile Parking Solutions & Management Private Limited (EPSMPL) and Shanta Infratech Private Limited (SIPL). The acquisition of 74% equity shares in both entities was reported on April 21, 2026.The acquisitions represent strategic investments and will be completed before May 5, 2026.Acquisition of Easymile Parking Solutions & Management Private Limited (EPSMPL) Regarding EPSMPL, MRPL will acquire 74% stake by holding 28,460 equity shares. The transaction involves a cash...

Sanofi India Receives Partial Refund Order from CGST Authority for Period 2014-2017 Sanofi India Ltd announced on April 21, 2026, that it received a refund order from the Assistant Commissioner - Central Goods & Service Tax, Division-VIII, Ankleshwar, Vadodara - ll. The order concerns tax matters for the period spanning August 2014 through June 2017.The Assistant Commissioner (CGST), Vadodara, issued a refund order that partially accepted the company's submissions. The order granted a total refund of Rs. 52,07,841.The granted refund amount is detailed as follows:ComponentAmount (Rs.)Principal Refund33,96,705Interest18,11,136Total Refund Granted52,07,841However, the officer did not accept the company's refund claim...

Systematix Corporate Services Ltd Announces Board Meeting to Review Q4 Results and Dividend Recommendation Systematix Corporate Services Ltd has announced that its Board of Directors meeting is scheduled for Wednesday, April 29, 2026.During this meeting, the Board is set to address critical financial and corporate governance items. Key agenda points include considering and approving the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. Furthermore, the Board is expected to recommend a final dividend, if any, for the financial year ended March 31, 2026, which remains subject to the final approval of the Company's shareholders.In the interim, the Company has outlined changes to the...

Balrampur Chini Mills Announces Changes in Senior Management Personnel Balrampur Chini Mills Limited announced significant transitions in its Senior Management Personnel on April 21, 2026. The company confirmed the elevation of Mr. Pankaj Shahi and the resignation of Mr. Ramesh Kumar Verma.Mr. Pankaj Shahi, currently serving as Senior General Manager - Production (CTT) - HO (Lucknow), has been elevated to the role of Senior General Manager (Unit Head - Akbarpur Unit), effective from April 21, 2026.Mr. Pankaj Shahi possesses extensive experience in the production and process fields, bringing over 27 years of expertise to the company. He is a seasoned professional, associated with Balrampur Chini Mills since 2017. Mr. Shahi holds an...

Kings Infra Ventures Ltd Receives Credit Ratings for Bank Facilities and Non-Convertible Debentures Kings Infra Ventures Limited has been assigned credit ratings by CRISIL Ratings Limited for its bank facilities and Non-Convertible Debentures (NCDs). The ratings provide an assessment of the company’s debt instruments, detailing both confirmed and enhanced credit statuses.According to the credit assessment, the company’s total bank loan facilities rated stands at Rs. 70 Crore, which is an enhancement from the previous rating of Rs. 50 Crore. For these facilities, CRISIL Ratings has reaffirmed the long-term and short-term ratings.The credit rating details for the bank facilities are as follows:Facility ComponentRating...

NCLAT Dismisses Shareholder Appeal Regarding Universus Photo Imagings Limited Matter Universus Photo Imagings Limited, formerly known as JINDAL PHOTO IMAGING LIMITED, has confirmed that an appeal filed by a shareholder before the National Company Law Appellate Tribunal (NCLAT) has been dismissed as withdrawn. The appeal challenged an earlier order passed by the National Company Law Tribunal (NCLT), Allahabad Bench, in favor of the Company.The company issued a statement on April 21, 2026, detailing the judicial development. This communication referred to a previous letter dated April 16, 2026, confirming the status of the legal challenge initiated by Mr. Ankit Jain, a shareholder.According to the filing, the appeal had been filed...

KEI Industries Secures ISO/IEC 27001:2022 Certification and Collaborates with BRUGG for EHV Cable Manufacturing KEI Industries Limited has achieved a major corporate milestone by receiving the ISO/IEC 27001:2022 certification for its Information Security Management System (ISMS). Furthermore, the company announced a key technical collaboration agreement with BRUGG to manufacture Extra High Voltage (EHV) cables up to 400kV.The company has adopted and implemented the ISO/IEC 27001:2022 framework to systematically manage information security risks across its operations. This certified ISMS covers the management, operation, and protection of critical information assets, IT infrastructure, enterprise applications, and supporting business...

Sigma Advanced Systems Ltd Completes Acquisition of 51% Stake in AS Strategic Private Limited Sigma Advanced Systems Limited announced on April 21, 2026, that it has completed the acquisition of a 51% stake in AS Strategic Private Limited, located in Delhi, India.The company confirmed that the acquisition followed the successful fulfillment of all condition precedents. This transaction relates to a Share Purchase Agreement that the company had previously disclosed signing.The acquisition marks the company's successful acquisition of a controlling 51% shareholding in AS Strategic Private Limited.SIGMAADV Stock Price Movement SIGMA ADVANCED SYSTEMS LIMITED shares finished the trading day strongly, rallying 5.00% and closing at...

Suditi Industries Ltd Receives Listing Approval for 39,00,000 Equity Shares for Promoters Suditi Industries Ltd announced that it has received listing approval for a tranche of its equity shares. The approval pertains to 39,00,000 equity shares of face value ₹ 10/- each, which were issued to promoters on a preferential basis.The shares, bearing distinctive numbers from 43216292 to 47116291, were issued at a premium of ₹ 17.50/-.The company confirmed receiving the listing approval for these shares from the Bombay Stock Exchange (BSE) on April 21, 2026. The transaction relates to the conversion of warrants.Stock Price Movement Suditi Industries Ltd settled at ₹99.78 today, rising 10.45% after the market close. Throughout the trading...

PNC Infratech Ltd Emerges as L1 Bidder for Rs. 3483 Crore NH Projects PNC Infratech Ltd announced that it emerged as the First Lowest (L1) Bidder in tenders floated by the National Highways Authority of India (NHAI). The company secured the bid for two major National Highway Projects under the Hybrid Annuity Model (HAM) for an aggregate quoted Bid Project Cost (BPC) of Rs. 3483.00 crores, exclusive of GST.The financial bids for the two projects were opened on April 21, 2026. The contracts were awarded by the National Highways Authority of India (NHAI) and involve construction work under the HAM Project Model.The two packages are situated on the section of NH-927 in Uttar Pradesh. The details of the two awarded projects are as...

Vivek Gupta Appointed Director (Finance) at CONCOR; Pallavi Joshi Ceases Charge Container Corporation of India Limited (CONCOR), the multi-modal logistics company and a Tata National CPSE of the Government of India, announced changes to its directorial board. Shri Vivek Gupta has been appointed as the Director (Finance), while Ms. Pallavi Joshi has ceased holding the additional charge of Director (Finance).Shri Vivek Gupta was appointed to the post of Director (Finance) for a period of five years, effective from April 21, 2026, or until further orders. Following orders from the Ministry of Railways, Shri Gupta assumed the charge of Director (Finance) of CONCOR on April 21, 2026.In a related development, CONCOR confirmed that Ms...

HDB Financial Services Allots 10,440 Shares to Employees Via ESOP Scheme HDB Financial Services Limited announced the allotment of 10,440 equity shares to its employees on April 21, 2026. The shares were allotted through the exercise of options under the company's Employees Stock Option Scheme (ESOS).The ESOS allotment marks a key update to the company's paid-up share capital. Following the transaction, the paid-up share capital of HDB Financial Services Limited increased.The company's paid-up share capital details prior to the allotment and after the allotment are as follows:MetricShares of Rs. 10/- EachPrevious Paid-up Share Capital83,03,27,216Shares Allotted (ESOP)10,440New Paid-up Share Capital83,03,37,656The...

CONCOR Board Meeting Scheduled for May 25, 2026, to Review Financial Results Container Corporation of India Ltd., a multi-modal logistics company and a Navratna CPSE of the Government of India, has announced a Board Meeting of Directors. The meeting is scheduled for Monday, May 25, 2026.During the meeting, the Board is set to consider the approval of the Audited Financial Results for the quarter and year ended on March 31, 2026.In addition to reviewing the quarterly and annual financial outcomes, the Board may also consider the declaration of a Final Dividend for the fiscal year 2025-26, provided such a declaration is subject to the subsequent approval of shareholders at the Annual General Meeting.Separately, the company also...

Wipro Allots Equity Shares After Exercise of Employee Stock Options Wipro Limited announced the allotment of equity shares on April 21, 2026, following the exercise of Employee Stock Options (ESOPs).The Company allotted shares under two specific plans, involving a total allotment of 3,79,881 equity shares.Details of the allotment are as follows:PlanNumber of Equity Shares AllottedADS Restricted Stock Unit Plan 20043,41,897Restricted Stock Unit Plan 200737,984The allotment of these equity shares occurred on April 21, 2026, pursuant to the exercise of ESOPs.WIPRO Stock Price Movement Today, Wipro Limited shares edged higher to close at ₹205.01, rallying by 1.23% in post-market trading. The stock settled its day on...

Vilas Transcore Acquires 89.99% Stake in Leelajit Foundation Vilas Transcore Limited has acquired a significant stake in Leelajit Foundation. The acquisition took place on April 21, 2026.The company successfully acquired 8,999 equity shares, each valued at ₹10, representing 89.99% of the paid-up equity share capital of Leelajit Foundation.The remaining 1,001 equity shares, which constitute 10.01%, are currently in the process of acquisition and are expected to be completed in due course. Upon the conclusion of this acquisition, Leelajit Foundation is anticipated to become a Wholly Owned Subsidiary of Vilas Transcore Limited.For additional context on their product range, Vilas Transcore Limited deals in C.R.G.O. Cut to size...

Tata Elxsi Announces Audited Results for March 31, 2026; Recommends Dividend Tata Elxsi Ltd. today announced its audited financial results for the quarter and the year ended March 31, 2026. The Board of Directors has reviewed the financial results and also recommended a dividend of ₹ 75/- per equity share of ₹10 each for the financial year 2025-26, subject to the approval of the shareholders at the ensuing Annual General Meeting.The company released its audited financial results, which include the figures for the quarter ending March 31, 2026, calculated as a balancing figure between the audited full financial year results and the published audited year-to-date figures up to the third quarter.Financial Highlights for FY 2025-26 The...

Lykis Ltd to Hold Board Meeting to Approve FY 2026 Financial Results Lykis Ltd announced that its Board of Directors meeting is scheduled for Monday, April 27, 2026. The meeting is set to consider and approve the company's audited financial statements for the year ended March 31, 2026.The Board agenda includes key operational and financial reviews. The company is scheduled to consider and approve the following:The Standalone and Consolidated Audited Balance Sheet as of March 31, 2026. The Statement of Profit and Loss for the financial year ended March 31, 2026. The Audited Financial Results for the quarter and the year ended March 31, 2026.Additionally, the Board is expected to note and take on record the Auditor's Report...

Aanchal Ispat Ltd to Hold Board Meeting on April 27, 2026, to Review FY Results and Discuss Fund Raising Aanchal Ispat Ltd has scheduled a meeting of its Board of Directors for Monday, April 27, 2026. The board meeting is slated to consider and approve several key matters, primarily revolving around the financial results for the previous fiscal year and exploring methods for raising corporate funds.The agenda includes the formal consideration and approval of the standalone audited financial results for the quarter and the entire financial year that ended on March 31, 2026. This review will also include the Auditor's Report issued by the company's Statutory auditors.Focus on Fund Raising and Equity Options A significant item on the...

HDFC Mutual Fund Increases Stake in Dodla Dairy Limited to 7.34% The Schemes of HDFC Mutual Fund have increased their aggregate shareholding in Dodla Dairy Limited. The investor reported that their stake rose by 2.00% through acquisitions made up to April 17, 2026.The acquisition details show the Schemes of HDFC Mutual Fund increasing their holding in the company's paid up equity share capital. Previously, as of December 10, 2025, the Schemes of HDFC Mutual Fund held 5.344% of the paid up equity share capital of Dodla Dairy Limited.Following the increase, the aggregate holding of the Schemes of HDFC Mutual Fund stood at 7.34% as of April 17, 2026. The company's paid up equity share capital remains Rs. 60,32,78,090/-, comprising...

Kalyani Cast-Tech Ltd Secures NA Layout Plan Approval for Logistics Park in Kutch Kalyani Cast-Tech Ltd (formerly Kalyani Cast Tech Private Limited) has secured approval for its proposed Non-Agricultural (NA) Layout Plan from the Town Planning Authority / Town Controller Planner in Kutch, Gujarat.The approved layout plan is pivotal for the company's expansion strategy, encompassing the development of a Multimodal Logistics Park and a Container Wagon Manufacturing Unit. The project site is located at Village Shivlakha, Taluka Bhachau, District Kutch, Gujarat, spanning an area of approximately 114 acres.The approval of the layout plan marks a significant operational milestone for Kalyani Cast-Tech. As the construction of the factory...