Markets

Space Incubatrics Technologies Appoints New Directors and Records Multiple Departures Space Incubatrics Technologies Ltd has announced significant changes to its board composition, recording the appointment of two new directors and the resignation of two existing board members, effective April 17, 2026.The company, with BSE Scrip Code 541890 and ISIN INE797Z01028, confirmed the structural adjustments following a meeting of its board of directors on April 17, 2026.New Director Appointments The board appointed Mr. Nand Kishore Ray as an Additional Non-Executive & Non-Independent Director, effective April 17, 2026.Details regarding Mr. Nand Kishore Ray are as follows:AttributeDetailDIN11626638Father's NameMr. Kalewar Ray...

Dish TV India Ltd. Names Three Independent Directors Following Shareholder Vote Dish TV India Ltd. announced the approval of the appointment of three new Independent Directors following the proceedings of a Postal Ballot held on April 17, 2026. The appointments were approved by the members of the Company.The company confirmed the appointments of Mr. Arun Kumar Kapoor, Ms. Heena Naishadh Bhatt, and Mr. Ashok Anant Paranjpe. All three are slated to serve for a first term of five consecutive years.The appointments follow mandatory guidelines for Uplinking and Downlinking of Television Channels, which require prior approval from the Ministry of Information and Broadcasting for director appointments.Mr. Arun Kumar Kapoor (DIN...

Nandan Denim to Acquire 6.1% Stake in Renewable Power SPV for Bareja Plant Nandan Denim Ltd. announced a strategic move to secure renewable power sources, detailing its plan to acquire a significant equity stake in a Special Purpose Vehicle (SPV) managing wind and solar power generation. The investment aims to help the company reduce power costs at its Bareja Plant.The acquisition was approved during a Board of Directors meeting held on April 17, 2026. Nandan Denim Ltd. plans to enter into a Share Transfer cum Shareholders' Agreement with M/s. Opera Vayu (Narmada) Private Limited (the SPV) and Shivman Wind Energy Private Limited, which is serving as the Promoter and Project Implementer.Through this agreement, Nandan Denim Ltd. will...

Johnson Pharmacare Board Approves Resignations of Two Directors Johnson Pharmacare Limited announced that its Board of Directors approved the resignations of two directors, Mr. Rajender Parsad and Mr. Umesh Kumar, effective April 17, 2026. The board meeting, held on Friday, April 17, 2026, approved these changes, citing personal and unavoidable reasons for both departures.The company confirmed that both resigning directors provided explicit statements confirming there were no other material reasons for their resignations besides those stated.Mr. Rajender Parsad Steps Down Mr. Rajender Parsad, an Additional & Non-Executive Director, resigned from his position, effective April 17, 2026. Mr. Parsad's resignation announcement confirmed...

Onesource Specialty Pharma Secures Renewal of EU-GMP Certification for Flagship Unit II Facility Onesource Specialty Pharma Limited announced that it has successfully renewed the European Union Good Manufacturing Practices (EU-GMP) certification for its Unit II manufacturing facility. The renewal followed an inspection conducted by a European regulatory authority.The flagship Unit II facility, situated in Bengaluru, represents a key manufacturing site for the company. The facility is equipped for integrated biologics drug-substance and drug-product manufacturing, providing specialized capabilities in drug-device combinations and sterile injectable products.The successful renewal of this EU-GMP certification underscores the company's...

Goyal Aluminiums Ltd Appoints New Directors and Reconstitutes Key Board Committees Goyal Aluminiums Ltd announced key governance changes following a Board of Directors meeting held on April 17, 2026. The board approved the appointment of two new additional directors and the reconstitution of several critical board committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.The Board of Directors approved the appointment of Ms. Pushpa Joshi and Mr. Saurabh as Additional Directors. Both appointments are for the capacity of Non-Executive Independent Directors and are subject to the approval of the Company's shareholders.Details regarding the appointments are as follows...

Avalon Technologies Limited Receives Credit Rating Assignment from Crisil Ratings Avalon Technologies Limited has received credit ratings from Crisil Ratings regarding its bank facilities. The ratings confirm the status of the company's total bank loan facilities.The credit rating assignment covers a total of Rs.140 Crore in bank loan facilities. Crisil Ratings assigned specific ratings for both long-term and short-term obligations for Avalon Technologies Limited.The details of the credit rating are as follows:Rating ComponentRating AssignedTotal Bank Loan Facilities RatedRs.140 CroreLong Term RatingCrisil A/StableShort Term RatingCrisil A1The credit rating details concerning Avalon Technologies Limited were...

Aditya Birla Money Approves Audited Financial Results for FY 2026 Aditya Birla Money Limited announced the outcome of its Board of Directors meeting held on April 17, 2026. The Board approved the Audited Financial Results for the Quarter and Financial Year ended March 31, 2026, following recommendations from the Audit Committee.The company released detailed financial statements covering revenue, segment performance, assets, liabilities, and cash flows for the specified periods.Financial Highlights (P&L Statement) The Statement of Audited Financial Results provided a comprehensive view of the company's performance.The primary financial results for the quarter and year ended March 31, 2026, are summarized below:MetricQuarter...

Dredging Corporation of India Signs ₹2,157.07 Crore Fuel Supply MoU with IOCL Dredging Corporation of India Limited (DCI) has entered into a strategic Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) for the supply of fuel to DCI's dredging fleet. The agreement, valued at ₹2,157.07 crores, is set for a period of five years.The MoU, signed on April 16, 2026, underscores DCI's resilience amid ongoing disruptions within the energy sector. The partnership is designed to ensure a steady and reliable fuel supply for DCI's operations across the country, thereby strengthening the company's operational preparedness for critical maritime infrastructure services.The collaboration aims to maintain operational...

Indian Emulsifiers Limited Approves Rs 10 Crore Allotment of Series A Non-Convertible Debentures Indian Emulsifiers Limited announced that its Board of Directors, at a meeting held on April 17, 2026, approved the allotment of Non-Convertible Debentures (NCDs) aggregating to Rs 10,00,00,000/-. This capital infusion was executed through a Private Placement basis, with the funds going to LC Venture Debt Fund.The company approved the allotment of 100 'Series A - 13.75 %Fixed Rated, Unlisted, Secured, Unrated, Non-Convertible Debentures' to LC Venture Debt Fund. Each debenture has a face value of Rs 10,00,000/- (Rupees Ten Lakh only), and the total size of the issue is Rs 10,00,00,000/- (Rupees Ten Crore only).The issued debentures carry...

Space Incubatrics Technologies Appoints Nand Kishore Ray as Additional Non-Executive Director Space Incubatrics Technologies Ltd. held a Board of Directors meeting on April 17, 2026. During the meeting, the Board approved the appointment of Mr. Nand Kishore Ray as an Additional Non-Executive and Non-Independent Director of the Company. The appointment was effective from April 17, 2026.The appointment was made by the Board of Directors of Space Incubatrics Technologies Ltd. Mr. Nand Kishore Ray, whose Director Identification Number (DIN) is 11626638, will serve in the capacity of an Additional Non-Executive Director.Details of the appointed director, Mr. Nand Kishore Ray, are as follows:DetailInformationNameMr. Nand Kishore...

3i Infotech Joins SAP Partner Ecosystem to Boost Enterprise Transformation Capabilities 3i Infotech Limited, a global IT services and solutions group, has announced a strategic expansion into the SAP ecosystem. The company's wholly owned subsidiary, 3i Infotech Inc., USA, has been onboarded into the SAP Partner Ecosystem under the PE Service Partnership model. This move focuses specifically on accelerating services related to SAP Cloud ERP and broader enterprise transformation capabilities.This partnership is a significant development in 3i Infotech's cloud-led and lifecycle-driven SAP strategy. The engagement enables the global IT services provider to support enterprises across the full SAP landscape, including SAP S/4HANA Cloud...

Impera Worldwide Limited Changes Name From Rishab Special Yarns Limited Impera Worldwide Limited, formerly known as Rishab Special Yarns Limited, has officially updated its corporate identity. The company confirmed that its name change has been approved by the Registrar of Companies (ROC), Ministry of Corporate Affairs (MCA).The name change from Rishab Special Yarns Limited to Impera Worldwide Limited is effective as of April 10, 2026.The MCA issued the fresh Certificate of Incorporation confirming the transition. The company continues its operations from its registered address at 303, Tower A, Peninsula Business Park, G.k. Marg, Lower Parel, Mumbai, Maharashtra, India.The name transition is summarized below:DetailPrevious...

Amir Chand Jagdish Kumar Reports Strong Q3 FY26 Performance; PAT Jumps 94% Year-Over-Year Amir Chand Jagdish Kumar (Exports) Ltd., a prominent exporter and producer of basmati rice, has announced its financial results for the quarter and nine months ended December 31, 2025. The company reported stellar performance, noting a 94% year-on-year increase in Profit After Tax (PAT) and a 15% growth in revenue for Q3 FY26.Q3 FY26 Financial Performance Snapshot The company's financial metrics for the first quarter of the fiscal year show significant year-over-year growth across key operational and profitability indicators.Particulars (₹ Cr)Q3 FY26Q3 FY25YoY Growth9MFY269MFY25YoY GrowthRevenues571.2496.615.0%1,592.51,421.312.0%...

Crisil Ratings Upgrades ASM Technologies Ltd Rating to 'BBB+/Stable'; Enhances Bank Debt Facility Crisil Ratings has upgraded the credit rating for ASM Technologies Limited (ASMTL) and significantly enhanced the amount of its rated bank debt facilities. The rating action, which was effective on April 16, 2026, reflects improvements in the company's business and financial risk profile.According to the rating rationale, the Long Term Rating of ASM Technologies Limited was upgraded to 'Crisil BBB+/Stable' from 'Crisil BBB/Stable'. Concurrently, the total bank loan facilities rated were enhanced, increasing from Rs.32 Crore to Rs.99.5 Crore.The key rating actions are summarized below:Total Bank Loan Facilities RatedEnhanced FromTo...

SEBI Greenlights NSE Investment in National Coal Exchange, Signaling Major Shift for India's Coal Market National Stock Exchange of India Limited (NSE) has received a critical regulatory breakthrough, securing approval from the Securities and Exchange Board of India (SEBI). The approval, granted under Regulation 38(2) of the SECC Regulations, 2018, allows NSE to invest in the proposed National Coal Exchange of India Limited. This milestone is poised to revolutionize how physical coal is traded in the Indian market.The initiative marks a pivotal moment in establishing a structured, regulated platform for coal trading. Industry observers view this development as a major catalyst, moving the coal sector toward increased transparency and...

Bharat Forge’s Subsidiary to Acquire 90% Stake in Aerospace Firm RS Aerostructures Bharat Forge Ltd has announced a strategic acquisition by its wholly-owned subsidiary, BF Industrial Solutions Limited (BFISL). BFISL has entered into Definitive Transaction Agreements with RS Aerostructures Limited (RS), aiming to secure a 90% stake in the Bangalore-based aerospace firm.The agreement, reached on April 17, 2026, establishes the terms under which BFISL will subscribe to, and RS will allot, Equity Shares. This proposed transaction is expected to significantly boost the company's footprint in the aerospace sector.Strategic Objectives of the Acquisition RS Aerostructures Limited is specialized in the aerospace structural assembly...

Johnson Pharmacare Ltd Appoints Nand Kishore Ray and Dheeraj Kumar as New Directors Johnson Pharmacare Ltd announced that its Board of Directors held a meeting on April 17, 2026, approving the appointment of two new individuals to key directorial roles. The appointments include Mr. Nand Kishore Ray as an Additional (Non-Executive & Non-Independent Director), and Mr. Dheeraj Kumar as an Additional (Executive Director).Mr. Nand Kishore Ray was appointed as the Additional Non-Executive & Non-Independent Director effective April 17, 2026. Mr. Ray, whose father is Mr. Kalewar Ray, was born on January 1, 1956, and holds a graduate qualification. His Permanent Account Number (PAN) is HRGPR4939P.Simultaneously, Mr. Dheeraj Kumar was...

CRISIL Reaffirms Credit Ratings for Jupiter Wagons Limited's Bank Facilities Jupiter Wagons Limited announced on April 17, 2026, that CRISIL Ratings Limited has reaffirmed the credit ratings for the company's long-term and short-term bank facilities.The ratings reaffirmation confirms the creditworthiness of Jupiter Wagons Limited concerning its primary banking facilities.According to the details provided, the ratings for the bank loan facilities are as follows:FacilityLong Term RatingShort Term RatingBank LoanCRISIL AA(-) /Stable (Reaffirmed)CRISIL A1(+) (Reaffirmed)JWL Stock Price Movement Today, Jupiter Wagons Limited shares edged higher, finishing the trading day at ₹286.23, following a gain of 1.86%. Trading activity...

Jubilant Agri and Consumer Products Announces Demerger Scheme After Receiving Key Observations from Stock Exchanges Jubilant Agri and Consumer Products Limited (JACPL) announced that it has received Observation Letters from both the National Stock Exchange of India Limited (NSE) and BSE Limited regarding its proposed Scheme of Arrangement. The scheme involves the demerger of the 'Agri Division' from Jubilant Agri and Consumer Products Limited to Jubilant Agri Solutions Limited (JASL).The observation letters, received on April 17, 2026, confirm that the Scheme of Arrangement is subject to necessary approvals, including those from shareholders and creditors, and sanction from the National Company Law Tribunal (NCLT). The observation...