Markets

Amiable Logistics Defends Position Against Custom Department Show Cause Notice Amiable Logistics (India) Limited, acting as a custom house agent, has received a Show Cause Notice (SCN) from the Custom Department, Government of India. The notice pertains to a matter involving Amiable AC Emvee Impex and others, carrying SCN No. F. No. DRI/AZU/INV-22/2008/PART-I, originally dated 27/04/2010.The company submitted its defense, asserting that the liability alleged in the SCN does not lie upon Amiable Logistics (India) Limited. According to the company's statement, Amiable Logistics is merely registered as a Custom House Agent for various parties, and the company insists that its role is solely as an agent, not the principal in the...

Persistent Systems Ltd to Host Non-Deal Roadshow with Major Investors on April 23, 2026 Persistent Systems Ltd has scheduled a Non-Deal Roadshow in Mumbai for Thursday, April 23, 2026. The event will allow the company to interact with several major mutual funds and investment groups.The investor engagement follows an investor and analyst call that was held on Tuesday, April 21, 2026, covering the quarter and year ended March 31, 2026.During the Non-Deal Roadshow, the company will reiterate information provided during the prior investor call.The detailed schedule for the investor interactions on April 23, 2026, is as follows:Investor NameTime (IST)Type of SessionHDFC Life Insurance, HDFC Pension Fund8:30 amGroupHDFC...

Gayatri Projects Ltd Allots 10.9 Crore Equity Shares on Preferential Basis Gayatri Projects Ltd announced the allotment of 10,90,00,000 fully paid-up equity shares on a preferential basis. The allotment was approved by the Company's Issue & Allotment Committee during a meeting held on April 20, 2026.The transaction was based on the Company's Board Meeting held on September 25, 2025, and subsequent approval from shareholders at the Extraordinary General Meeting on October 23, 2025.The Company allotted 10,90,00,000 equity shares of face value of Rs. 2 each. The shares were issued at an issue price of Rs. 10 per share, which includes a premium of Rs. 8 per share. This allotment aggregates to a total amount of Rs. 109,00,00,000.Impact...

Tips Music to Host Q4 FY26 Earnings Conference Call on April 23 Tips Music Limited, previously known as Tips Industries Limited, has scheduled an earnings conference call to discuss its operational and financial performance for the fourth quarter and the year ending March 31, 2026.The investor call is slated for Thursday, April 23, 2026, at 5:00 PM IST.The event will feature key management personnel from the company, including Mr. Kumar S Taurani, Chairman & Managing Director; Mr. Girish Taurani, Executive Director & Chief Executive Officer; and Mr. Sushant Dalmia, Chief Financial Officer.The details of the earnings conference call are summarized below:AspectDetailCompanyTips Music LimitedEventQ4 FY26 Earnings Conference...

Indosolar Ltd Approves FY26 Financial Results and Appoints Key Officials Indosolar Ltd confirmed its financial results and key operational appointments following its Board Meeting held on April 20, 2026. The board reviewed the Standalone Audited Financial Results for the quarter and year ended March 31, 2026.The company also approved significant appointments in its leadership and audit functions, including a new independent director, a Chief Financial Officer, and reappointments of its internal and cost auditors for the financial year 2026-2027.Financial Results for the Year Ended March 31, 2026 The board approved the Standalone Audited Financial Results for the quarter and year ended March 31, 2026. Key performance metrics for the...

The Phoenix Mills Ltd Board Meeting Set for April 27 to Approve Q4 FY26 Financial Results The Phoenix Mills Ltd has announced that its Board of Directors Meeting is scheduled for Monday, April 27, 2026. The primary purpose of the meeting is to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended March 31, 2026.In conjunction with the financial result announcement, the Company also confirmed details regarding its trading window.The trading window for dealing in securities of The Phoenix Mills Ltd has been closed since Wednesday, April 01, 2026. Furthermore, the trading window will remain closed up to 48 hours following the declaration of the Financial...

Bandhan Bank to Host Earnings Call for Q4 and Financial Year 2026 Performance Bandhan Bank Ltd has scheduled an earnings conference call for analysts and institutional investors to review the bank's performance for the quarter (Q4) and the full Financial Year (FY) ended March 31, 2026.The detailed earnings call is set for Tuesday, April 28, 2026, providing stakeholders with insights into the bank's recent operational performance.Event Details and Timings The call will be held across multiple time zones, accommodating a global audience.Time ZoneLocal TimeIST (Indian Standard Time)17:00 hrs.HK / SG (Hong Kong / Singapore)19:30 hrs.London12:30 hrs.N.Y. / Washington / Boston07:30 hrs.Conference Call Access...

Indosolar Limited Approves FY2026 Financial Results and Key Board Appointments Indosolar Limited announced several key governance updates and approved its financial performance for the fiscal year ending March 31, 2026, following its Board of Directors meeting held on April 20, 2026. The company approved the standalone audited financial results for the quarter and the full year ended March 31, 2026.Governance and Key Appointments During the board meeting, the company took steps to strengthen its leadership and compliance structure. The board approved the appointment of Mr. Nilesh Bhogilal Gandhi (DIN: 03570656) as an additional Non-Executive, Independent Director, effective April 20, 2026. This appointment is subject to approval by...

Cholamandalam Allots 2,87,232 Equity Shares to Employees Under Stock Option Scheme Cholamandalam Investment and Finance Company Limited announced the allotment of 2,87,232 equity shares to its employees. The allotment pertains to shares received after employees exercised their options under the company's employee stock option scheme.The Nomination and Remuneration Committee of the Company has approved the distribution of the shares, each valued at Rs. 2/-.The company confirmed that following the allotment, Cholamandalam Investment and Finance Company Limited will proceed with applying for the final listing of the newly allotted shares on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). This step is...

AVG Logistics Forms Joint Venture with Baidyanath LNG Private Limited AVG Logistics Limited has incorporated a Joint Venture Company in collaboration with Baidyanath LNG Private Limited. While the specific details regarding the business scope of the Joint Venture Company will be shared at a later date, the collaboration marks a strategic development for the company.The transaction involves the establishment of a joint venture, which is noted as a related party to AVG Logistics Limited. The primary business focus of the new entity will be in the Logistics sector.Details regarding the joint venture, including the target entity and transaction specifics, are outlined below:ParticularsDetailsTarget Entity NameCarbonlite Logistics...

Ugro Capital Limited Announces Board Meeting Outcomes, Approves Rs. 3,000 Crore NCD Issuance, and Confirms New Audit Appointment Ugro Capital Limited announced key outcomes following its Board of Directors meeting held on April 20, 2026. The board approved the audited financial statements for the financial year ended March 31, 2026, and also recommended the re-appointment of Mr. Shachindra Nath as the company's Vice Chairman and Managing Director.In terms of corporate finance, the Board of Directors approved the issuance of Non-Convertible Debentures (NCDs) aggregating up to Rs. 3,000 crores on a private placement basis.Key Corporate Governance Decisions During the meeting, the board considered and recommended the re-appointment of...

OnMobile Global Signs Wholesale Supply Agreement with Flipkart India to Boost Gaming Reach OnMobile Global Limited has announced that it has entered into a wholesale Supply Agreement with Flipkart India Private Limited. The agreement, finalized on April 20, 2026, covers the supply and distribution of OnMobile Global's gaming hardware and associated digital services ecosystem across Flipkart's extensive digital platform.This strategic partnership positions the company's upcoming product launch within one of India's largest digital commerce channels. The agreement is expected to provide significant reach and enhanced discoverability for OnMobile Global's products within the rapidly growing domestic gaming consumer segment.Agreement...

TVS Motor and Hyundai Partner to Develop Electric Three-Wheeler Solutions for Indian Market TVS Motor Company Limited and Hyundai Motor Company have formalized a strategic partnership by signing a Joint Development Agreement (JDA). The agreement aims to advance the development and commercialization of innovative Electric Three-Wheeler (E3W) solutions, specifically designed to address last-mile mobility needs across India and other markets.The collaboration is centered on the development, manufacturing, and commercialization of electric micromobility 3-wheelers, which include various versions and variants.Scope of Collaboration and Market Strategy Under the JDA, the companies will pool their complementary strengths. Hyundai Motor...

Billionbrains Garage Ventures Ltd Grants Stock Options to Employees Billionbrains Garage Ventures Ltd announced the grant of stock options to its eligible employees. The options were issued under the Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024 on April 20, 2026.The company announced that a total of 24,32,697 stock options were granted to employees participating in the scheme. The scheme falls under the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.The details regarding the options granted and the underlying shares were provided in the company's detailed disclosure.A total of 24,32,697 equity shares, each having a face value of Rs. 2, are covered by the granted stock options...

Pearl Green Clubs and Resorts Ltd. To Hold Board Meeting to Approve Financial Results Pearl Green Clubs and Resorts Limited has scheduled a Board of Directors meeting for Friday, April 24, 2026. The meeting is set to consider and approve key corporate business for the company.The primary agenda for the Board meeting includes the review of the audited financial results. Specifically, the company will consider the audited financial results for both the half year and the full financial year that concluded on March 31, 2026.Additionally, the board will deliberate upon any other business matters deemed necessary for general corporate purposes.Stock Price Movement At the close of trade today, Pearl Green Clubs and Resorts Ltd settled at...

Muthoot Microfin Reports 13% AUM Growth and Strengthened Asset Quality for FY26 Muthoot Microfin Limited reported a return to normalized business momentum in the fiscal year ending March 31, 2026. The Company’s performance improved year-on-year, showing key parameters trending ahead of initial guidance.The financial review highlights that the Company's Assets Under Management (AUM) expanded by 13% year-over-year (YoY), reaching Rs. 14,006 crore as of March 31, 2026. This figure compared to Rs. 12,357 crore recorded at March 31, 2025.The overall MFI operating environment saw progressive stabilization during the year. The Company’s growth was supported by a calibrated pickup in disbursements, with the monthly run-rate in Q4 scaling...

Rolex Rings Ltd Board to Consider Proposal for Buyback of Equity Shares Rolex Rings Ltd announced that its Board of Directors will meet to consider a proposal for the buyback of the Company's fully paid-up equity shares.The board meeting is scheduled to take place on Thursday, April 23, 2026. During this meeting, the Board will consider the proposal for the buyback of the equity shares of Rolex Rings Limited.The Company will communicate the outcome of the Board meeting to the stock exchanges after its conclusion.ROLEXRINGS Stock Price Movement Today, Rolex Rings Limited shares gained 2.68% to settle at ₹139.48, marking a notable increase of ₹3.65. The equity saw significant momentum during the session, trading on a robust volume...

Aanchal Ispat Ltd. Board Meeting Scheduled to Address Financials and Major Fund Raising Proposals Aanchal Ispat Ltd. has announced that its Board of Directors meeting is scheduled for Monday, March 27, 2026. The meeting will focus on key operational and financial matters, including the review of the company's audited financial results and considering a significant proposal for capital raising.The company intends to consider and approve several material points during the board session. Chief among these is the review of the Standalone Audited financial results for the quarter and the full financial year ended March 31, 2026, along with the corresponding Auditor's Report.Additionally, the board will discuss a comprehensive proposal...

AU Small Finance Bank to Hold Board Meeting to Approve FY Results and Fund Raising Limits AU Small Finance Bank Ltd. has announced that its Board of Directors will convene a meeting on Monday, April 27, 2026. The primary purpose of the meeting is to review and approve the bank's financial performance and consider critical fund raising measures.During the meeting, the bank is scheduled to consider and approve several key items. First, the Board will review the audited financial results of the bank for the Quarter and the Financial Year ended on March 31, 2026.Second, the agenda includes recommending a dividend on equity shares for the financial year ending March 31, 2026, if deemed appropriate.A significant focus of the board...

Chemtech Industrial Valves Ltd Appoints Ms. Aarohi Pareek as Company Secretary and Compliance Officer Chemtech Industrial Valves Ltd announced that the meeting of its Board of Directors, held on April 20, 2026, resulted in the approval of a key management appointment. Following a recommendation from the Nomination and Remuneration Committee, the Board approved the appointment of Ms. Aarohi Pareek.Ms. Aarohi Pareek has been appointed as the Company Secretary and Compliance Officer of Chemtech Industrial Valves Ltd. The appointment was approved to take effect from April 20, 2026, designating her as Key Managerial Personnel (KMP) of the Company.The Board confirmed that the appointment is governed by the applicable rules and...