Markets

MCA Proposes Striking Off Name of CIL Solar PV Ltd., Wholly Owned Subsidiary of Coal India Coal India Limited announced that the Ministry of Corporate Affairs (MCA), Government of India, has proposed to remove or strike off the name of CIL Solar PV Ltd., which is a wholly owned subsidiary of Coal India Ltd.The communication confirms that the Registrar of Companies proposes this action under Section 248(2) of the Companies Act, 2013.The notice further stated that any person who wishes to object to the proposed removal or striking off of the company's name is advised to submit their objection to the MCA office address within thirty days from the date of the public notice.The details of the company involved and the regulatory basis...

PDS Limited Reports Professional Misconduct Incident Involving Subsidiary In Bangladesh PDS Limited has reported an incident involving alleged professional misconduct committed by a former employee of Poeticgem International Limited, a step-down subsidiary of the company incorporated in Hong Kong. The misconduct potentially involves breaches of confidentiality and suspected financial irregularities.The company stated that Poeticgem initiated appropriate legal actions in Bangladesh regarding the matter, which is currently sub judice and under investigation by competent authorities.In India, PDS Limited filed a formal complaint with the Economic Offences Wing (EOW), Mumbai, on January 10, 2026. Following the complaint, a First...

Hindustan Copper Limited Charts Out Strategic Roadmap and Vision 2030 at Annual Plan Meeting Hindustan Copper Limited (HCL) successfully held its Annual Plan Meeting for the Financial Years 2026-27 and 2027-28 on April 17 and 18, 2026. The meeting served as a key platform for senior leadership and unit heads to outline the company's strategic growth trajectory, focusing on enhancing operational excellence, deepening digital integration, and charting a course toward its future through the Vision 2030 roadmap.A major highlight of the event was the unveiling of HCL's Corporate Plan - Vision 2030, designed to guide the company through its next phase of transformation. To develop this comprehensive plan, HCL engaged Deloitte Touche...

GOCL Corporation Limited Addresses Endowment Tribunal Order Regarding Hyderabad Leased Land GOCL Corporation Limited has provided an update regarding its leased land situated in Kukatpally, Hyderabad, following recent proceedings.The company confirmed that it is aware of an order passed by the Endowment Tribunal, Telangana. This order directs GOCL Corporation Limited not to alienate its land and mandates the provision of adequate security.GOCL Corporation Limited is currently reviewing the contents of the Tribunal's order and taking appropriate measures. These steps include seeking necessary legal advice.In terms of operational impact, the company assessed that this development is not expected to have any material adverse impact...

Thinkink Picturez Ltd Appoints Company Secretary and Compliance Officer at Board Meeting Thinkink Picturez Ltd held a Board of Directors meeting on April 20, 2026, where the Board approved the appointment of a Company Secretary and Compliance Officer.The Board, acting upon the recommendation of the Nomination and Remuneration Committee, appointed Heeral Chhapre, Member of ICSI M. No. ACS- 79607, to serve as the Company Secretary and Compliance Officer of the Company. This appointment is effective from April 20, 2026.In detailing the new role, the Company provided the following information regarding the appointment:ParticularsDetailsNameHeeral ChhapreDesignationCompany Secretary and Compliance OfficerReason for...

Oberoi Realty Limited Reports Consolidated Bookings for Q4FY26 Oberoi Realty Limited released data detailing its consolidated bookings for the fourth quarter of the fiscal year 2026 (Q4FY26) and key full-year performance metrics. The report provides a summary of units, carpet area, and gross booking value across multiple periods.The company reported specific booking achievements for Q4FY26 compared to previous quarters and fiscal years. The consolidated booking figures demonstrate the following metrics:ParticularsQ4FY26Q3FY26Q4FY25FY26FY25Units booked (nos.)22913078698929Carpet Area booked (sq. ft.)3,57,5521,86,0541,37,32111,47,55712,83,796Gross Booking value (Rs. in Crore)1,6738368535,4475,281OBEROIRLTY Stock Price...

360 ONE Subsidiary Approves Acquisition of Quark Solar Private Limited 360 ONE Alternates Asset Management Limited, a wholly owned subsidiary of 360 ONE WAM LIMITED, has approved the acquisition of the entire fully paid up equity share capital of Quark Solar Private Limited. The acquisition targets the existing shareholders (Sellers) of Quark Solar.The board of directors of 360 ONE Alternates Asset Management Limited approved the purchase of Quark Solar Private Limited for a total consideration of Rs. 9,38,50,000/- (Rupees nine crore thirty eight lakh fifty thousand only). The purchase consideration will be fully discharged through cash payment.On April 20, 2026, the Acquirer entered into a Share Purchase Agreement (SPA) with the...

Five-Star Business Finance Ltd to Hold Board Meeting on April 28 for Financial Results and Dividend Recommendation Five-Star Business Finance Ltd has scheduled a meeting of its Board of Directors for Tuesday, April 28, 2026. The meeting is set to consider key corporate matters, including the approval of the financial results for the quarter and the full financial year ended March 31, 2026.During the Board meeting, the company will discuss two primary agenda points. First, there will be consideration for the approval of the audited financial statements and results covering the quarter and the full financial year that concluded on March 31, 2026.Second, the Board is scheduled to make a recommendation regarding the final dividend on...

Takyon Networks Secures Work Order Worth Rs 1.94 Crore from RDSO for AMC and Telecom Supply Takyon Networks Ltd has received a significant work order from the Research Designs & Standards Organisation (RDSO) Manaknagar Lucknow. The contract award, reported on April 20, 2026, involves the supply of comprehensive Annual Maintenance Contracts (AMC) and the Systematic Installation and Commissioning (SITC) of various telecom items for RDSO Lucknow.The total value of the work order is Rs 1,94,33,741.55 (Rupees One Crores Ninety-Four Lakh Thirty-Three Thousand Seven hundred and Fourtyone and fifty five paise only).The contract, which is classified as domestic, covers the New Comprehensive AMC of Asterisk based IP Exchange and the SITC of...

GV Films Ltd Board Meeting Scheduled to Discuss Potential INR 100 Crores Financial Assistance GV Films Ltd has scheduled a meeting of its Board of Directors for Thursday, April 23, 2026. The meeting, set to take place at 04.30 p.m. at the Company's Registered Office in Goregaon East, Mumbai, is set to consider significant proposals related to financial assistance, corporate restructuring, and operational changes.The primary business item slated for discussion involves the proposal for GV Films Ltd to secure financial assistance. The company aims to avail up to INR 100 Crores (Rupees Hundred Crores only) through one or more tranches from M/s Sanctum Trading Corporation Private Limited. The Board is tasked with approving the terms and...

PNB Housing Finance Limited Announces Audited FY26 Results and Recommends Final Dividend PNB Housing Finance Limited announced the approved audited financial results for the quarter and the financial year ended March 31, 2026, following a Board meeting held on April 20, 2026. The Board of Directors recommended a final dividend of INR 8 per equity share of face value of INR 10 each for the fiscal year.The company submitted comprehensive audited financial results, including both standalone and consolidated statements, alongside cash flow data for the quarter and the year ending March 31, 2026.Financial Highlights (Year Ended March 31, 2026) The audited financial results show the following key performance indicators for the full year...

Sutlej Textiles' Special Resolution to Approve Employee Stock Option Scheme Passes Shareholder Vote Sutlej Textiles and Industries Ltd. announced on April 20, 2026, that a Special Resolution concerning the approval of its Employee Stock Option Scheme 2026 has been successfully approved by the members of the company. The results were determined through a remote e-voting process conducted between March 21, 2026, and April 19, 2026.The resolution, classified as Special Business, was designed to approve the "Sutlej Textiles and Industries Limited - Employee Stock Option Scheme 2026." Based on the scrutiny report submitted by the appointed Scrutinizer, the company confirmed that the resolution secured the requisite majority support from...

CCI Gives Greenlight to Mega Merger: Vishakha Group Consolidates Renewables and Pipes Division The corporate landscape of India’s renewable energy sector saw a major development on April 20, 2026. The Competition Commission of India (CCI) has approved a significant proposed restructuring and merger within the Vishakha Group. This move aims to consolidate and integrate Vishakha Renewables Pvt. Ltd.'s (VRPL) diverse business lines into Vishakha Glass Private Limited (VGPL).The approval of this complex transaction marks a strategic consolidation play. It is set to merge several key operational units, strengthening the market presence of the combined entity. The ultimate merger of VRPL with and into VGPL is the defining outcome of this...

Vishal Mega Mart Subsidiary Airplaza Retail Holdings Penalized for Food Safety Violations in Rayagada Vishal Mega Mart Limited reported that its subsidiary, Airplaza Retail Holdings Private Limited, received a penalty order from a local court regarding alleged violations of the Food Safety and Standards Act, 2006.The penalty was imposed by the Court of the Adjudicating Officer, Food Safety-cum-Additional District Magistrate (Revenue) in Rayagada. The order was received on April 20, 2026.The violation stemmed from an inspection conducted by the Food Safety Officer at the Subsidiary's store in Rayagada on May 19, 2025. Following this inspection, the Food Safety Officer filed a complaint alleging the contravention of food safety...

Choice International Limited to Host Q4 and FY26 Earnings Call Choice International Limited announced an earnings conference call to discuss its financial performance for the quarter and the full year ended March 31, 2026. The management of the company has scheduled the event for Friday, April 24, 2026, at 04:00 PM IST.The call aims to review the company's audited Standalone and Consolidated Financial Results for the quarter and the corresponding financial year.The event will feature key management participants, including Mr. Arun Poddar, Group CEO, and Mr. Ayush Sharma, Head IR.Participants can join the conference call using the following dialing details:Type of CallDetailsUniversal Dial-In Number+91 22 6280 1221 / +91 22...

Interworld Digital Ltd. Appoints Faizal Bavaraparambil Abdul Khader as Additional Director Interworld Digital Ltd. announced the appointment of Mr. Faizal Bavaraparambil Abdul Khader as an Additional Director. The company’s Board of Directors approved the appointment during a board meeting held on Monday, April 20, 2026.The appointment was approved based on the recommendation of the Nomination & Remuneration Committee, granting Mr. Khader the position of Additional Director (Non-Executive/Non Independent) with immediate effect from April 20, 2026.Profile Details of the New DirectorDetails regarding Mr. Faizal Bavaraparambil Abdul Khader were provided following the board meeting. He brings substantial experience to the role, having...

Mohammed Jaffar Resigns as CFO of Blue Water Logistics Limited Blue Water Logistics Limited announced the resignation of its Chief Financial Officer (CFO), Mr. Mohammed Jaffar. The CFO stepped down from the post of Chief Financial Officer with effect from April 20, 2026, at the close of business hours.Mr. Mohammed Jaffar formally resigned from his position at Blue Water Logistics Limited, stating that the move was due to professional commitments.The transition is effective from April 20, 2026.Blue Water Logistics Limited, previously known as Blue Water Logistics Private Limited, also reported that Lalit Panda serves as the Managing Director of the company. The company is listed under the NSE symbol BLUEWATER.BLUEWATER Stock...

NSE Imposes Penalty of ₹7,68,474.32 on IIFL Capital Services Limited for Client Code Modification IIFL Capital Services Limited, formerly known as IIFL Securities Limited, has reported receiving a monetary penalty from the National Stock Exchange of India Limited (NSE). The penalty pertains to the company's capacity as a Trading Member regarding client code modification procedures.The company confirmed that the NSE imposed a penalty of ₹7,68,474.32 in connection with the matter.The details regarding the action taken by the NSE are summarized below:ParticularDetailAuthority Imposing PenaltyNational Stock Exchange of India Limited (NSE)Nature of ActionPenalty imposed in relation to Client Code Modification.Penalty...

NELCO Limited Announces Financial Results and Recommends Final Dividend for FY 2026 Nelco Limited announced the key outcomes of its Board of Directors meeting held on April 20, 2026, releasing the audited financial results for the financial year ended March 31, 2026. The Board also recommended a final dividend, subject to the subsequent approval of the company’s shareholders.The meeting saw the formal approval and recording of the Consolidated and Standalone Audited Financial Results for the fiscal year ended March 31, 2026.Audit Confirmation and Financial Overview The statutory auditors, S.R. Batliboi & Associates LLP, issued Audit Reports providing an unmodified opinion on the audited financial results for the financial year ended...

Prima Plastics Ltd Announces Scheme of Arrangement; Prima Innovation Ceases Subsidiary Status Prima Plastics Ltd has announced a Scheme of Arrangement involving Prima Innovation Limited. The transaction resulted in the allotment of equity shares to Prima Plastics' shareholders and the subsequent reduction of Prima Innovation Limited's paid-up capital, effective April 20, 2026.On April 20, 2026, the Board of Prima Innovation Limited held a meeting and allotted 1,10,00,470 equity shares, each having a face value of INR 5, to the shareholders of Prima Plastics Ltd. The allotment was made to shareholders as of the record date, April 17, 2026, under the terms of the Scheme of Arrangement.The Scheme also dictates a reduction of Prima...