Markets

Adani Power Secures ICRA Ratings for Combined Debt Facilities Adani Power Ltd has received ratings from ICRA Limited regarding its additional term loan facilities and non-fund based facilities. The rating agency has also reaffirmed the ratings assigned to the company's existing bank facilities and proposed Non-Convertible Debentures (NCDs).ICRA Limited assigned ICRA AA/Stable and ICRA A1+ credit ratings to these combined facilities.The ratings affirmed and assigned to Adani Power Limited's facilities are detailed below:FacilitiesAmount (Rs. Crore)RatingRating ActionLong - term - Fund based - Term loan35223.7ICRA AA/StableAssigned / ReaffirmedLong - term - Fund based - Term loan (Others)15050ICRA AA/StableReaffirmedShort...

Orosil Smiths India Ltd. Takes Lease of Property in Noida for Eleven Months Orosil Smiths India Ltd. has initiated a lease agreement for a commercial property located in Noida. The company announced that it has taken on lease the premises situated at Basement Floor, Property No. A -18, Sector -6, Noida, District Gautam Budh Nagar, Uttar Pradesh.The agreement establishes the company's operational presence at the site for a duration of eleven months. The company stated that the transaction falls within the ordinary course of its business activities.The corporate update was issued on April 17, 2026.Stock Price Movement Orosil Smiths India Ltd. shares settled at ₹6.04 on Friday, completing the session down 4.73%. Throughout the...

Aditya Birla Money Appoints Amit Lahoti as Head - Equity Research Aditya Birla Money Limited announced the appointment of Mr. Amit Lahoti as the Head - Equity Research, designating him as Senior Management Personnel of the company. The appointment was approved by the Board of Directors of Aditya Birla Money Limited during a meeting held on April 17, 2026.Mr. Lahoti's appointment, which is effective from April 17, 2026, aims to strengthen the company's core senior management team within the equity research vertical.The Board noted that Mr. Amit Lahoti is a seasoned Equity Research Professional with a professional tenure spanning over 15 years. His extensive experience covers the global and Indian Metals & Mining sectors.His...

Niyogin Fintech Board Approves Shareholding Dilution in Iserveu for Subsidiary Fund-Raise Niyogin Fintech Ltd announced on April 17, 2026, that its Board of Directors considered and approved the potential dilution or reduction of the shareholding in its material subsidiary, Iserveu Technology Private Limited. This corporate action is linked to a proposed fund-raise by Iserveu.The Board approved the consideration of a reduction of Niyogin Fintech's shareholding in Iserveu, effective up to a 10% percentage basis. The dilution is set to occur through any means, in full or in part, at one time or over time. The move aims to facilitate the induction of potential investors into Iserveu and address potential changes or modifications of...

Niyogin Fintech Board Resolves to Evaluate Strategic Opportunities Niyogin Fintech Limited, a publicly listed fintech platform, has announced a strategic decision following a meeting of its Board of Directors held on April 17, 2026.The Board of Directors of the Company, during its meeting on this date, resolved to evaluate all strategic opportunities and review requirements as and when material developments arise.Niyogin Fintech Limited, which trades under BSE scrip code 538772, is a B2B company that operates through a technology-centric platform model. The company caters specifically to India's underserved Micro, Small, and Medium Enterprises (MSMEs).Niyogin delivers 'Banking as a Service' (BaaS) platforms and credit services in...

Ontic Finserve Ltd Announces Board Meeting for Approval of Q4 FY26 Financial Results Ontic Finserve Ltd has scheduled its Board of Directors meeting for Wednesday, April 22, 2026. The primary purpose of the meeting is to review and formally approve the audited financial results of the company for the Quarter and Year ended March 31, 2026.The company is set to consider, approve, and take on record the audited financial statements and the accompanying Auditors' Report for the specified fiscal period.In alignment with corporate governance protocols, the company also issued an update regarding its trading window. The trading window was closed for designated persons, connected persons, and their immediate relatives starting on Wednesday...

Thomas Cook (India) Limited Confirms GST Demand Following Appellate Rejection Order Thomas Cook (India) Limited announced that an appeal application, filed before an Appellate Authority on July 2, 2025, has been rejected. The rejection came via an order dated April 17, 2026, received from the Joint Commissioner of State Tax, Behala, West Bengal.The order confirms a demand related to non-payment of Goods and Services Tax (GST) on inward supplies liable to reverse charge.According to the details received, the confirmed demand carries specific financial components:ComponentAmount (INR)BasisConfirmed Demand1,99,322Non-payment of GST on inward supplies liable to reverse chargeInterest1,35,660Under Section 50 of the CGST Act...

Asian Hotels (North) Limited Appoints Mr. Sachin Goel as Director of Finance Asian Hotels (North) Limited announced the appointment of Mr. Sachin Goel as Director of Finance to its senior management. The Board of Directors approved this appointment effective April 17, 2026, following a recommendation from the Company's Nomination and Remuneration Committee.The Board of Directors passed the approval via Circular Resolution No. 02/2026-27 on April 17, 2026. Mr. Goel's appointment is designated as Full Time Employment.The company provided a detailed profile of the newly appointed director, outlining his professional history and core areas of expertise.ParticularsDetailsReason for ChangeThe Board of Directors appointed Mr. Sachin...

Alicon Castalloy Limited Appoints Ishaan Rai as Additional Director; Pamela Rai Steps Down Alicon Castalloy Limited announced changes to its board composition following a board meeting held on April 17, 2026. The company appointed Mr. Ishaan Rai as an Additional Director and confirmed the resignation of Ms. Pamela Rai, Non-executive Non-Independent Director. Both changes are effective from May 12, 2026.Mr. Ishaan Rai, bearing DIN: 06802018, was appointed as the Additional Director. His appointment details, along with the resignation of Ms. Pamela Rai, were reported to the relevant exchanges.Ms. Pamela Rai resigned from her position as a Non-executive Non-Independent Director due to other commitments.Director Profile and...

Acme Solar Holdings Reports 16 MW Wind Power Commissioning Certificate for Gujarat Project ACME Solar Holdings Limited has announced that its subsidiary, ACME Eco Clean Energy Private Limited, has successfully received the Certificate of Commissioning for a 16 MW wind power project. The certificate was issued on April 16, 2026, by the Gujarat Energy Development Agency (GEDA).The commissioning of the 16 MW wind power project marks a significant operational milestone for ACME Eco Clean Energy Private Limited, which operates under ACME Solar Holdings Limited.The project is located in Gujarat at Village: Nana Morsal, Mota Kandhasan, Dhinkvali and Dhakaniya. The site falls within Taluka: Chotila, Sayla, and the district of Surendranagar...

TCS Issues Statement on Nashik Matter, Details Internal Investigation and Key Facts Tata Consultancy Services Limited (TCS) issued a statement regarding the recent matter in Nashik, detailing the steps the company has taken to ensure a thorough and transparent review. The statement outlines the immediate actions taken by TCS leadership and provides specific clarifications regarding the company’s operations and personnel.In response to the situation, TCS confirmed that it engaged the services of independent expert teams, including Deloitte and the prominent law firm Trilegal. These services are supporting an internal investigation led by Ms. Aarthi Subramanian, President and COO, TCS.To oversee the process, the company also...

National Standard (India) Ltd Appoints New Chief Financial Officer, Announces Change in Key Managerial Personnel National Standard (India) Ltd announced significant changes to its senior leadership structure following a Board meeting held on April 17, 2026. The Board of Directors approved the appointment of Mr. Rohit Singhvi as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company.The appointment of Mr. Rohit Singhvi is effective from April 18, 2026. Mr. Singhvi is designated as 'Senior Management Personnel' upon assuming the role of CFO.Simultaneously, the company confirmed the resignation of Mr. Rameshchandra Chechani from the post of CFO and KMP. Mr. Chechani's resignation is effective from the...

SecUR Credentials Ltd Approves Unaudited Standalone Financial Results for Quarter Ended June 30, 2024 SecUR Credentials Ltd reported on its Board of Directors meeting held on April 17, 2026, announcing the un-audited standalone financial results for the quarter ended June 30, 2024. The Board of Directors approved these financial results, alongside the Limited Review Report provided by the Statutory Auditors for the corresponding period.The financial results cover the period up to June 30, 2024, and reflect figures for the quarter ended March 31, 2024, and the full year ended March 31, 2024.The unaudited standalone financial results for the quarter ended June 30, 2024, were prepared in accordance with the guidelines issued by the...

Suzlon Energy Reports Noticing Material Price Movement in Stock Suzlon Energy Ltd stated that a Material Price Movement (MPM) was observed in its stock on April 17, 2026. The movement was noted at 12:26 p.m.The company confirmed the observation of the price change but stated that it could not ascertain any event or information in the mainstream media that might have triggered the fluctuation.SUZLON Stock Price Movement Today, Suzlon Energy Limited shares edged higher to close at ₹53.35, gaining 6.17% for the day. The stock settled on notable buying interest, posting a total volume of 337.16 million shares.Source:

Vascon Engineers Ltd Approves Preferential Issue of Warrants and Raises Borrowing Limits Vascon Engineers Limited held a Board of Directors meeting on April 17, 2026, approving several corporate actions, including the planned preferential issue of fully convertible warrants and increasing the company's borrowing and charge limits.The Board approved the issuance of up to 2,00,00,000 fully convertible warrants on a preferential basis. Each warrant is convertible into, or exchangeable for, one fully paid-up equity share with a face value of INR 10/-. The warrants are proposed at an issue price of INR 40/- per warrant. The total cash consideration payable for the issuance, addressed to both promoters and non-promoters, aggregates to INR...

HDFC Life Insurance Announces Timeline for Postal Ballot and E-Voting Process HDFC Life Insurance Company Limited has initiated the process for its Postal Ballot, providing its eligible members the facility to vote remotely through electronic means. The company has established a clear timeframe for the e-voting period, making it accessible exclusively to its members who were registered as shareholders on a specific cut-off date.The voting process is restricted entirely to electronic means, ensuring that the communication of assent or dissent from members eligible to vote occurs solely through remote e-voting.E-Voting Timeline and Eligibility Members must note the following crucial dates governing the electronic voting facility...

PropShare Platina Declares Net Assets Value Per Unit as of March 31, 2026 PropShare Investment Manager Private Limited, the investment manager for Property Share Investment Trust - Propshare Platina, has declared the Net Assets Value (NAV) per unit for the trust.The Board of Directors of PropShare Investment Manager Private Limited announced that the Net Assets Value of PS Platina, as at March 31, 2026, is ₹ 11,44,216.01 per Unit.This declaration was issued on April 17, 2026.The Net Assets Value is derived based on the Gross Asset Value calculated in the Valuation Report issued on April 17, 2026. The valuation was conducted by KZEN Valtech Private Limited, represented by Mr. Sachin Gulaty, Director.For quick reference, the key...

eMudhra Launches emSigner for SMEs to Automate Digital Workflows Across India eMudhra, a global leader in digital identity and trust solutions, has launched emSigner for SMEs, a purpose-built solution designed to help small and medium enterprises (SMEs) digitize crucial document workflows. The platform, which offers an affordable starting price from INR 1000, aims to enable paperless, compliant, and efficient business operations at scale across various sectors.The launch comes as part of eMudhra's 'SME Digitalization for India' initiative, targeting the significant operational gaps faced by SMEs. While regulatory requirements are increasing, many SMEs still heavily rely on manual, paper-intensive processes. This reliance often leads...

National Company Law Tribunal Reserves Order in Amber Enterprises Merger Application Amber Enterprises India Limited has announced that the joint first motion application concerning the amalgamation of the company and its subsidiary, AmberPR Technoplast India Private Limited, was heard by the National Company Law Tribunal (NCLT) on 17 April 2026.The matter under review relates to the Scheme of Amalgamation between Amber Enterprises India Limited and AmberPR Technoplast India Private Limited, which is a Wholly Owned Subsidiary of the company.On 17 April 2026, the National Company Law Tribunal, Chandigarh Bench, heard the first motion application bearing the number CA(CAA)/11/Chd/Pb/2026. Following the hearing of submissions from both...

Integrated Personnel Services Limited Revises Issue Price to Rs. 96 Per Share for Preferential Allotment Integrated Personnel Services Limited (Formerly known as Integrated Personnel Services Private Limited) has announced a revision to the issue price for a proposed preferential allotment of equity shares. This update follows the initial approval of the preferential issue to both non-promoter public and the promoters.The company had previously approved the preferential allotment, with the Board and Members initially setting the issue price at Rs. 72 per equity share. However, following a recent valuation conducted in line with applicable requirements, the updated issue price has been revised to Rs. 96 per equity share.The total...