Markets

City Union Bank Opens New Branch in Hyderabad, Bolstering Network City Union Bank Ltd has reported the opening of a new branch, expanding its operational footprint in Telangana. The bank confirmed that the newly opened facility, located in Kokapet, contributes to its growing network, bringing the bank's total count to 964 branches.The new branch was opened on April 17, 2026.The newly established branch is situated in the Kokapet area of Hyderabad.Details of the new branch location are as follows:Branch NameCBS CodeAddressKokapet00969House No: 10-16, GKR Square, Radial Road No.5, Shanthi Nagar Road, Kokapet, Gandipet Mandal, Hyderabad - 500 075, Rangareddy District, Telangana.CUB Stock Price Movement Shares of City Union...

Indo Amines Ltd. Records Resignation of Independent Director Vijay Sane Indo Amines Ltd. has confirmed the resignation of Mr. Vijay Yeshwant Sane from the post of Independent Director of the company. The resignation, tendered by Mr. Sane, is effective from April 16, 2026.Mr. Sane (DIN: 10153927) formally submitted his resignation letter, stating that he is stepping down due to pre-occupations elsewhere, which would prevent him from fulfilling his responsibilities to the Company. He further confirmed that there are no other material reasons for his departure from the Board of Directors.The company released the details of the change, confirming that the resignation of Mr. Sane as an Independent Director is effective from the close of...

K. V. Toys India Reports Strong Growth with Q4 FY26 Revenue Up 26.77%, FY26 Sales Up 38.59% K. V. Toys India Limited has reported significant growth momentum in the fiscal year 2026 (FY26), driven by product diversification, expanded distribution reach, and strong performance across its core toy segments. The company continues its strategic shift toward a brand-led model and gradual integration of manufacturing processes, aligning with domestic market opportunities.Revenue Growth Performance The company detailed its revenue performance, showcasing robust year-over-year growth for both the fourth quarter of FY26 and the full fiscal year 2026.MetricFY26 PerformanceQ4 FY26 Revenue Growth26.77%FY26 Revenue Growth (YoY)38.59%...

Mangal Electrical Industries Receives Order for ₹55.73 Lakhs Regarding GST and ITC Mangal Electrical Industries Ltd has been directed by the Office of the Appellate Authority (Government of Rajasthan) State Tax, Jaipur-First, Jaipur, following an order issued on June 9, 2023. The directive relates to Input Tax Credit (ITC) and the applicability of Goods and Services Tax (GST) on corporate guarantees provided by the company's Directors to banks.The order, filed under Section 107 of the Rajasthan/Central GST Act, 2017, read with Section 20 of the Integrated Goods and Services Tax Act, 2017, concerns the alleged irregular availment of ITC and the GST applicability on corporate guarantees.The company noted that the order was uploaded on...

BlueStone Jewellery and Lifestyle to Host Q4 FY26 Earnings Conference Call BlueStone Jewellery and Lifestyle Ltd is set to host a conference call to discuss the company's results for the fourth quarter of the fiscal year 2026 (Q4 FY26).The conference call is scheduled for Friday, April 24, 2026. The session will commence at 11:00 AM Indian Standard Time (IST).The management team representing BlueStone Jewellery and Lifestyle Limited, which was formerly known as Bluestone Jewellery and Lifestyle Private Limited, will include key executives. Participants will hear from Gaurav Singh Kushwaha, Founder & Chief Executive Officer; Vipin Sharma, Chief Merchandising Officer; and Rumit Dugar, Chief Financial Officer.The company provided the...

Aditya Birla Housing Finance Reports Significant Shareholding Change Following Preferential Issue Aditya Birla Housing Finance Limited (ABHFL) announced on April 17, 2026, that its Board of Directors approved a major preferential issue, fundamentally altering the parent company's shareholding structure. The transaction involved the allotment of shares to Indriya Limited, an entity associated with Advent International, L.P.During its meeting on April 17, 2026, the ABHFL Board approved the issuance of 12,32,52,061 equity shares. Each share had a face value of INR 10, and the shares were allotted at a price of INR 223.12 per equity share to Indriya Limited. This issuance was executed on a private placement basis.The preferential issue...

Future Consumer Limited Update Following NCLT Hearing on Resurgent India Special Situations Fund Case Future Consumer Limited provided an update regarding the case filed against the company at the NCLT (Mumbai) by Resurgent India Special Situations Fund.The recent hearing saw the company's counsel resume arguments before the tribunal. However, the Hon'ble Tribunal was not inclined to hear the oral arguments and instead directed all concerned parties to submit written submissions detailing their pleadings.As a result, the Hon'ble Tribunal issued specific directives and timelines. The company was directed to file written submissions within 10 days. Following this, the Financial Creditor was required to submit a response to the...

Bajaj Consumer Care Announces Audited Financial Results for FY 2026 Bajaj Consumer Care Ltd. announced the approval of its audited financial results for the quarter and the full financial year ended March 31, 2026. The Board of Directors approved the results, alongside the Annual Financial Statements, the Directors' Report, and the Management Discussion & Analysis Report, on April 17, 2026. The company operates primarily in the Cosmetics, Toiletries and Other Personal Care products segment.The audited results for both the standalone and consolidated perspectives highlight the company's financial performance for the fiscal year 2026.Standalone Financial Performance The standalone financial results show key figures for the year ended...

Sterling and Wilson Renewable Energy to Host Earnings Call for Q4FY26 Financial Results Sterling and Wilson Renewable Energy Ltd announced an upcoming conference call to discuss its operational and financial performance. The event is scheduled for Friday, April 24, 2026, focusing on the Audited Consolidated and Standalone Financial Results for the fourth quarter (Q4FY26) and the full fiscal year ended March 31, 2026.The call is set for 10:00 AM IST. During the session, management will provide detailed insights into the company's performance across the quarter and the annual figures.Several key executives from Sterling and Wilson Renewable Energy Ltd are scheduled to participate in the call. The participating management team...

Kesoram Industries Updates Income Tax Demand for AY 2024-25 Kesoram Industries Ltd has reported an update regarding its Income Tax Assessment Order pertaining to the Assessment Year (AY) 2024-25.The Company had previously received an Income Tax Assessment Order under section 143(3) read with section 144B of the Income Tax Act, 1961, which had initially raised a demand of X 70.54 Crores. At the time, the Company had represented against this demand before the appropriate authority.The Company stated that, based on the order recently received, the demanded amount has been significantly reduced. The tax demand now stands at X 6.03 Crores, down from the initial figure of X 70.54 Crores.Kesoram Industries is currently examining the...

Genus Prime Infra Ltd Shares Allotted Through Scheme of Arrangement Genus Prime Infra Limited has announced the allotment of equity shares through a Scheme of Arrangement involving several related corporate entities. The transaction concerns the allotment of 3,22,35,205 Equity Shares in Genus Prime Infra Limited.The allotment of shares was executed pursuant to a Scheme of Arrangement covering Genus Prime Infra Limited (the Resulting Company), alongside Sansar Infrastructure Private Limited (SIPL), Star Vanijya Private Limited (SVPL), Sunima Trading Private Limited (STPL), Genus Power Infrastructures Limited (GPIL), and Yajur Commodities Limited (YCL). The transaction affects the respective shareholders and creditors of these...

Jolly Plastic Industries Ltd. Announces Resignation of Company Secretary & Compliance Officer Jolly Plastic Industries Ltd. has announced the resignation of Ms. Sandhya Yadav from the position of Company Secretary and Compliance Officer. Ms. Yadav's tenure with the company concludes effective 30 March, 2026.Ms. Yadav, who was appointed to the role on 29 November, 2024, tendered her resignation citing personal reasons. She confirmed that her departure is purely due to personal commitments and that there are no other material reasons or unresolved disputes with the company.The key details regarding the change in office bearer are as follows:DetailInformationIndividualMs. Sandhya YadavPositionCompany Secretary & Compliance...

CRISIL Records Strong Q1 Growth, Reports 30.1% Surge in Income from Operations Crisil Ltd announced its unaudited financial results for the first quarter ended March 31, 2026, showing significant growth across its operational segments and a declared interim dividend of Rs 9 per share.The Board of Directors approved the results, highlighting that the company's consolidated income from operations for the quarter ended March 31, 2026 (01 FY26), was up 30.1% to Rs 1,057.7 crore. Consolidated total income for 01 FY26 rose 29.6% to Rs 1,093.7 crore, compared with Rs 843.8 crore in the corresponding quarter of the previous year.Profit before tax (PBT) saw a jump of 35.7% to Rs 308.4 crore in 01 FY26, up from Rs 227.3 crore in the...

Crompton Greaves Consumer Electricals Wins Contract with MSEDCL for Solar Water Pumping Systems Crompton Greaves Consumer Electricals Limited has secured a significant rate contract and empanelment from the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The order is for the design, manufacture, supply, installation, testing, and commissioning of Off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS).The total work order value stands at approximately Rs. 71.75 Crores (Rupees Seventy One Crores and Seventy Five Lakhs Only approximately), excluding GST. This contract is specifically related to the MTSKPY/ PM-KUSUM-B scheme, covering various locations across the State of Maharashtra.The company has won the...

Indian Emulsifiers Limited Approves Rs 20 Crores Fund Raise via Non-Convertible Debentures Indian Emulsifiers Limited announced that its Board of Directors, at a meeting held on April 17, 2026, approved a significant fund raise through the issuance of Non-Convertible Debentures (NCDs). The company plans to raise an aggregate of Rs 20 crores via a Private Placement basis.The board approved the fund raising through the issuance of 200 Series A- 13.75 % Fixed Rated, Unlisted, Secured, Unrated, Non-Convertible Debentures. Each NCD has a face value of Rs 10,00,000 (Rupees Ten Lakh only) and are fully paid up at par. The placement is designated to LC Venture Debt Fund.In addition to the financial transaction, the board approved the...

Alpex Solar Wins Contract Worth Rs 40.92 Crores for Solar Water Pumps in Maharashtra Alpex Solar Limited has secured a significant contract, being awarded an order valued at approximately Rs. 40.92 Crores. The order originates from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) and falls under the 'Magel Tyala Saur Krushi Pump' Yojana / PM KUSUM B Scheme.The contract involves the supply of sophisticated Solar Water Pumps to various locations within Maharashtra. The scope of work is comprehensive, encompassing the design, manufacture, supply, transport, installation, testing, and commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS).The awarded system specifications cover multiple capacities...

Apollo Micro Systems Limited Secures Lifetime License for Advanced Defence Weapon Manufacturing Apollo Micro Systems Limited, a Hyderabad-based defence technology company, has been granted a lifetime license by the Government of India. The license, issued by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, authorizes the company to manufacture and proof test a comprehensive range of advanced defence weapon systems and munitions.The core authorization details highlight the strategic significance of this mandate:ParameterDetailsIssuing AuthorityDPIIT, Ministry of Commerce & Industry, Government of IndiaIssue Date10 April 2026ValidityLifetimeApplicant...

MIAT Mongolian Airlines Boosts Pricing Agility with RateGain's AI-Led Capabilities RateGain Travel Technologies Limited, a global provider of AI-powered SaaS solutions for travel and hospitality, announced that MIAT Mongolian Airlines, the national carrier of Mongolia, has selected AirGain, RateGain's specialized pricing intelligence platform for airlines. This partnership aims to enhance MIAT’s rate shopping and competitive pricing capabilities as the airline expands its network connecting Mongolia with destinations across Asia and Europe.For MIAT, access to timely and accurate market intelligence is crucial for making smarter pricing decisions in an increasingly competitive market. Through this collaboration, the airline will...

Britannia Industries Announces Leadership Transition in Human Resources Britannia Industries Ltd. has announced a change in its senior management team, appointing Mr. Srinivas Maruthi Patnam as the new Vice President - Human Resources. The appointment follows the resignation of the previous incumbent, Mr. Ritesh Rana, who is leaving the company to pursue external opportunities.The Board of Directors approved the appointment of Mr. Srinivas Maruthi Patnam vide a Circular Resolution passed on April 17, 2026. Mr. Srinivas was designated as the Vice President - Human Resources (Designate) with effect from April 21, 2026, and will officially assume the role of Vice President - Human Resources of the Company starting May 16, 2026.In...

National Oxygen Ltd Reports Demise of Whole-Time Director Gajanand Saraf National Oxygen Ltd has confirmed the passing of Mr. Gajanand Saraf, who served as a Whole-Time Director of the company. Mr. Saraf passed away on April 6, 2026.The demise of Mr. Gajanand Saraf, who was the founder of the company, was described as deeply impacting the immediate family and the general functioning of the firm.The company confirmed that the sudden loss necessitated an operational pause, leading to temporary unavailability of the office and resulting in procedural delays regarding official filings. These delays were attributed to the management being unable to immediately access necessary filing systems or complete authentication procedures, as the...