Markets

Stallion India Fluorochemicals Announces Analyst and Investor Meet Schedule Stallion India Fluorochemicals Ltd. has scheduled an Analyst and Investor Meet with its management team. The gathering is set to take place on Thursday, April 23, 2026.The company has detailed the schedule for the meetings with various brokerage houses and financial institutions. The events are planned to be held virtually from the Company's registered office.Sr. No.NameModeType1Philip PCGVirtual at the Registered Office of the CompanyGroup Meet2Ashika stock brokingVirtual at the Registered Office of the CompanyGroup Meet3Ventura SecuritiesVirtual at the Registered Office of the CompanyGroup Meet4B&K SecuritiesVirtual at the Registered Office...

Savera Industries Board Approves Fitness Studio Expansion Under '02 Health Studio' Brand Savera Industries Ltd announced that its Board of Directors approved a strategic expansion into the fitness studio business following a meeting held on April 18, 2026. The company plans to operate the new venture under its own brand name, '02 Health Studio'.The board resolved to establish the fitness studio through a partnership with related parties, involving both the leasing of necessary equipment and the use of a leased property.Details of the AgreementsThe expansion requires the company to enter into agreements with two related parties: M/s. Shyam Investments (Partnership Concern) and M/s. Ruchi Agro Products Pvt Ltd. The agreements cover...

Punctual Trading Ltd Approves Audited Financial Results for Year Ended March 31, 2026 Punctual Trading Ltd announced that its Board of Directors approved the audited financial results for the quarter and full financial year ended March 31, 2026, during a meeting held on April 18, 2026. The company also released its audited standalone financial statements, providing a comprehensive overview of its performance, assets, and cash flow for the period.Financial Performance Summary The company's results include data for the quarter ended March 31, 2026, and the full financial year ending March 31, 2026.The audited standalone financial results for the quarter and year ended March 31, 2026, show the following key financial metrics...

Kesar India Ltd Announces Change in Key Managerial Personnel Roles Kesar India Ltd has confirmed changes in its leadership structure, announcing the resignation of its Company Secretary and Compliance Officer (KMP) and the subsequent appointment of a new officer.The Board of Directors conducted a meeting on April 18, 2026. During this session, the Board considered and approved the key personnel transitions.Ms. Toshiba Jain tendered her resignation as Company Secretary and Compliance Officer (KMP), with the resignation taking effect from the closure of business hours on April 18, 2026.In her place, Ms. Aditi Anup Deshmukh has been appointed as the Company Secretary and Compliance Officer (KMP). The appointment is effective from...

Plastiblends India Ltd. to Hold Board Meeting to Approve Financial Results and Consider Dividend Plastiblends India Ltd. announced that its Board of Directors meeting is scheduled for Monday, April 27, 2026. The meeting is set to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026. Furthermore, the Board will consider the recommendation of a dividend, if any, for the financial year ended March 31, 2026.In addition to the meeting notice, the company also provided an update regarding trading restrictions for its equity shares. The trading window for dealing in Equity Shares of Plastiblends India Ltd. will remain closed for Designated Persons and their immediate relatives. This...

Picturepost Studios Limited Announces Resignation of Company Secretary and Compliance Officer Picturepost Studios Limited has confirmed the resignation of its Company Secretary and Compliance Officer, Mr. Abhishek Sharma. The change in key office holding personnel is effective as of April 18, 2026.Mr. Abhishek Sharma tendered his resignation from the position of Company Secretary and Compliance Officer of the company. He cited personal reasons and the desire to explore better career opportunities aligned with his professional growth as the reason for his departure.The company reported the details of the cessation of services through a formal statement.ParticularsDetailsName of OfficerMr. Abhishek SharmaMembership NumberACS...

Jayant Infratech Ltd to Hold Board Meeting to Consider Fund Raising Through Equity and Eligible Securities Jayant Infratech Ltd, previously known as M/s Jayant Infratech Pvt Ltd, has scheduled a meeting of its Board of Directors to discuss potential fundraising mechanisms. The board meeting is set for Monday, April 27, 2026, at the company’s registered office in Bilaspur.The meeting is slated to begin at 12:00 p.m. at the Registered Office of the Company, located at Mangal Smriti Bajpai Ground, Tilak Nagar Bilaspur-495001.The primary business to be transacted at the board meeting involves considering and evaluating strategies for raising funds. Specifically, the agenda includes discussing the issue of equity shares and/or any other...

Uttam Tibrewal Completes Tenure as Whole-time Director, Continues as Deputy CEO of AU Small Finance Bank Mr. Uttam Tibrewal has completed his tenure as Whole-time Director of AU Small Finance Bank Limited (the Bank) effective April 18, 2026. Despite the completion of his directorship period, Mr. Tibrewal will continue contributing to the Bank in a senior operational capacity, accepting the role of Deputy Chief Executive Officer (Deputy CEO).In his continuing capacity, Mr. Tibrewal will lead the Bank's retail business verticals. His focus moving forward will be centered on increasing ground engagement to drive growth, strengthen customer relationships, and expand the Bank's presence across newer geographies. He remains categorized as...

HDFC Bank Marks Retirement of Executive Director Bhavesh Zaveri HDFC Bank Limited announced the retirement of Mr. Bhavesh Zaveri as an Executive Director, effective from the close of business hours on April 18, 2026. The bank noted and appreciated Mr. Zaveri’s long and devoted service throughout his tenure, wishing him success in his future endeavors.Mr. Bhavesh Zaveri began his journey with the bank in 1998 within the Operations function. His career progressed significantly over the years. He was appointed as Business Head Wholesale Banking Operations in 2000 and later became Group Head - Operations in 2009. In 2015, he assumed additional responsibilities for the Information Technology function, culminating in his role as Executive...

Bank of Baroda Appoints Mehrotra Manish Nath as Head (In-Charge) - Treasury & Global Markets Bank of Baroda announced a change in its senior management, appointing Mr. Mehrotra Manish Nath to a key role within the bank. The appointment was effective on April 18, 2026.Mr. Mehrotra Manish Nath has been designated as the Head (In-Charge) - Treasury & Global Markets, Special Treasury, Mumbai. The appointment marks a new addition to the bank's senior management personnel.Details regarding the appointment include:DetailInformationName of SMPMr. Mehrotra Manish NathDesignationHead (In-Charge) - Treasury & Global Markets, Special Treasury, MumbaiReason for ChangeAppointmentDate of AppointmentApril 18, 2026Profile...

STL Networks Board Approves Preferential Issue of Convertible Warrants to Twin Star Overseas STL Networks Limited announced that its Board of Directors, during a meeting held on April 18, 2026, approved significant corporate actions, including amending the company’s Articles of Association and authorizing the preferential issue of convertible warrants.During the board meeting, the company approved alterations to its Articles of Association (AOA). These amendments relate to the incorporation of specific clauses governing the issuance of non-convertible and convertible securities, including convertible warrants. The changes aim to clarify provisions related to the further issue of securities by the company, pending necessary shareholder...

Bharat Road Network Announces Demise of Chairman and Independent Director Prof. Santanu Ray Bharat Road Network Limited confirmed the untimely demise of Prof. Santanu Ray, who served as the Chairman of the Board and an Independent Director, on April 18, 2026.Prof. Ray was associated with the company as a Non-Executive Independent Director since July 30, 2019. His tenure included service toward his second term as an Independent Director, which was set to continue until July 29, 2029.Following his passing, the company noted that Prof. Ray immediately ceased holding the positions of Chairman of the Audit Committee and Member of the Nomination and Remuneration Committee.The company provided the following details regarding the change...

HDFC Bank Management Signals Stability as Record Earnings Propel Share Price Gains The banking sector received clarity on leadership stability and strong financial results on Saturday, as HDFC Bank addressed key governance questions. While the process for the Managing Director and CEO's reappointment remains under review, the bank also reported a significant jump in its consolidated net profit for FY26.Leadership Roadmap and CEO Reappointment Process HDFC Bank confirmed that the bank’s nomination and remuneration committee (NRC) is currently handling the matter of re-appointing Managing Director and CEO Sashidhar Jagdishan. Deputy Managing Director Kaizad Bharucha stated that the committee will take a final decision regarding...

Digital Gold Gains Momentum: Why Investors are Shifting Away from Physical Buying this Akshaya Tritiya For centuries, Akshaya Tritiya has marked an auspicious occasion for gold purchases in India. However, a growing number of investors are showing a clear shift towards modern, flexible, and transparent alternatives to physical yellow metal. Analysts suggest that while traditional buying remains relevant, investment participation in gold is evolving rapidly.Motilal Oswal Financial Services noted that the interest in financial investment avenues is increasing alongside established practices. Experts are observing a gradual change in how retail investors are accessing gold exposure.Beyond Physical Buying: The Rise of Digital Gold The...

India's Office Rents Surge Amid Tight Supply as Global Giants Drive Record Market Demand India’s commercial real estate sector continues its upward trajectory, with the office market showing remarkable strength. Rising rental values and constrained new supply are reinforcing growth across major Indian metropolises, according to a comprehensive report from property consultancy Knight Frank.The analysis, released on Saturday, indicates that rental rates are firming up across key markets. This resilience is evident even as the pace of new office completions lags considerably behind the robust demand generated by occupiers.Leasing Activity Signals Strong Demand Across Core Cities Leasing activity remained robust during the first quarter...

Somi Conveyor Beltings Limited Re-appoints Santosh Kumar Joshi as Independent Director for Second Term Somi Conveyor Beltings Limited announced the re-appointment of Mr. Santosh Kumar Joshi as a Non-executive Independent Director for a second consecutive term. The decision was taken during the Board Meeting held on April 8, 2026.The appointment is for a duration of five consecutive years, effective from February 22, 2026. The continuation of Mr. Joshi’s role is subject to the necessary approval of the company members by way of a Special Resolution to be passed at the Extra Ordinary General Meeting scheduled for May 6, 2026.Mr. Joshi, aged 52, brings extensive experience to the role. He holds a Master of Commerce (M.Com) and a...

NCLT Sanctions Merger of Advanced Rail Controls into Concord Control Systems Concord Control Systems Limited announced that the National Company Law Tribunal (NCLT) has approved the Scheme of Amalgamation involving Advanced Rail Controls Private Limited. The approval marks a significant step toward merging Advanced Rail Controls Private Limited into Concord Control Systems Limited.The Hon'ble National Company Law Tribunal (NCLT) Allahabad Bench, Prayagraj, approved the second motion order for the merger and amalgamation of Advanced Rail Controls Private Limited, a wholly owned subsidiary company, with Concord Control Systems Limited. The Tribunal passed the order on April 15, 2026.The scheme involves the merger of Advanced Rail...

Nilachal Refractories Ltd. Approves FY 2026 Financial Results; Audit Issues Qualified Opinion Nilachal Refractories Ltd. announced the approval of its audited financial results for the quarter and financial year ended March 31, 2026, following its Board of Directors meeting on April 18, 2026. However, the company's statutory auditors issued a qualified opinion on the financial statements.The audit report noted several qualifications that materially impact the reported figures.Basis for Qualified Opinion The auditors highlighted two primary areas for qualification. Firstly, the company has not obtained an actuarial valuation for its employee benefit obligations, which are deemed unfunded. Consequently, the auditors were unable to...

Omaxe Limited's Subsidiary, Mis Secure Properties, Raises Rs 40 Crore Through Private Placement of NCDs Mis Secure Properties Private Limited, a Step-Wholly Owned Subsidiary of Omaxe Limited, has successfully raised Rs 40 Crore through a private placement. The funding was achieved through the issuance and allotment of Non-Convertible Debentures (NCDs).The company announced the successful capital raise, detailing the specifics of the transaction. Mis Secure Properties Private Limited issued and allotted a total of 400 Unlisted, Unrated, Senior, Secured, Redeemable, Non-Convertible Debentures (NCDs).Each debenture was structured with a face value of Rs 10 Lakh, contributing to the total capital infusion of Rs 40 Crore.The details of...

Rbm Infracon Signs Binding LOI with SUJOK GLOBAL for USD 1 Billion Semiconductor Facility in India Rbm Infracon Limited has entered into a binding Letter of Intent (LOI)/Memorandum of Understanding (MoU) dated April 18, 2026, with SUJOK GLOBAL Private Limited, a Korean semiconductor technology company. The agreement proposes the establishment of a greenfield advanced semiconductor packaging facility in India, valued at USD 1 billion.The facility is set to specialize in high-volume QFN/LFBGA packaging and advanced Hybrid Bonding technology. This initiative aligns with India's semiconductor mission and national policies aimed at boosting the country's semiconductor ecosystem. The plant is expected to generate significant export-oriented...