Markets

Nilesh Shukla Appointed Chief Financial Officer of EAAA Real Assets Managers Limited Anzen India Energy Yield Plus Trust’s investment manager, EAAA Real Assets Managers Limited (formerly Edelweiss Real Assets Managers Limited), announced the appointment of Mr. Nilesh Shukla as its new Chief Financial Officer (CFO) with immediate effect. The board of directors approved the appointment following recommendations from the Company’s Nomination and Remuneration Committee and Audit Committee, effective April 16, 2026.Mr. Nilesh Shukla’s appointment elevates him to the status of Key Managerial Personnel for the Company. The move strengthens the financial leadership team overseeing the investment manager for Anzen India Energy Yield Plus...

Eforu Entertainment Ltd Board to Meet on April 24 to Consider Preferential Fund Raising Eforu Entertainment Ltd, formerly known as Tavernier Resources Limited, has scheduled a meeting of its Board of Directors for Friday, April 24, 2026. The primary agenda item focuses on a proposal to raise capital through a preferential basis allotment of various securities.During the board meeting, the company plans to consider and, if deemed fit, approve the issuance of funds by way of equity shares, convertible instruments, or other eligible securities of the Company. These instruments are proposed to be allotted on a preferential basis to one or more persons.The board meeting is also slated to approve ancillary actions related to the...

National Company Law Tribunal Sanctions Amalgamation Scheme Involving R Systems International Limited The National Company Law Tribunal (NCLT), New Delhi Bench, has sanctioned a composite scheme of amalgamation involving R Systems International Limited. The order, issued on April 16, 2026, approves the merger of Velotio Technologies Private Limited and Scaleworx Technologies Private Limited with R Systems International Limited.The tribunal sanctioned the composite scheme of amalgamation under Sections 230 to 232 of the Companies Act, 2013. Velotio Technologies Private Limited and Scaleworx Technologies Private Limited are jointly referred to as the Transferor Companies, while R Systems International Limited is the Transferee Company...

City Union Bank Ltd Opens Four New Branches Across Southern and Eastern India City Union Bank Ltd announced the opening of four new branches on April 16, 2026. With this expansion, the bank currently operates 953 branches in total.The new branches were established in locations spanning Kerala, West Bengal, and Andhra Pradesh.The details of the four newly opened branches are as follows:Sl. No.Name of the BranchBranch No.IFSC CodeAddress1Kakkanad96000965Door No: 3139 & 3140, J Tower, Opp. Prestige Hillside Gateway, Info Park Main Road, Kusumagiri, Kakkanad - 582 030, Ernakulam District, Kerala.2Thakurpukur96100966No. 3, M G Road, Lux Valley, Ward No. 114, Thakurpukur - 700 L04, Kolkata, West Bengal.3Shakespeare...

Rbm Infracon Limited Approves Incorporation of Wholly Owned Subsidiary in Oman Rbm Infracon Limited has approved the incorporation of a wholly owned subsidiary in the Sultanate of Oman. The new entity, named 'RBM Infracon LLC' or any alternative name approved by the relevant authorities, will establish a commercial presence in the Sultanate.The corporate action, approved by the company's Board of Directors, details the establishment of the subsidiary to carry out core commercial business activities in Oman. The company has stipulated that the new subsidiary will be a wholly owned entity.The primary operational focus of the RBM Infracon LLC is centered on high-value energy and infrastructure sectors. These sectors include...

NCLT Kochi Bench Approves Resolution Plan for SDF Industries Limited Associated Alcohols & Breweries Ltd. announced that the National Company Law Tribunal (NCLT), Kochi Bench, has approved a Resolution Plan concerning SDF Industries Limited.The order, pronounced on April 16, 2026, carried the reference number IA (IBC)(Plan)/01/KOB/2026 in CP (IBC)/21/KOB/2024. The approval was granted for the Resolution Plan that was submitted by the Associated Alcohols & Breweries Ltd.The company stated that further details regarding the plan will be submitted shortly.ASALCBR Stock Price Movement Today, Associated Alcohols & Breweries Ltd. shares edged higher, closing the session at ₹907.45 after gaining 3.09%. The stock recorded a total volume...

Atishay Ltd To Hold Board Meeting on April 24, 2026, To Approve Financial Results and Recommend Dividend Atishay Ltd has scheduled a meeting of its Board of Directors for Friday, April 24, 2026. The meeting aims to consider and approve several key corporate and financial matters, including the audited financial results for the year ended March 31, 2026.Among the primary agenda items for the Board meeting are the following approvals:Financial Results Approval: The Board will consider, approve, and take on record the Audited Standalone Financial Results and Statements of the Company. These results and statements were prepared in accordance with Indian Accounting Standards (Ind AS) for the quarter and the financial year ending March...

Keystone Realtors Appoints Salil Chinchore as Group Chief Human Resources Officer Keystone Realtors Ltd has announced the appointment of Mr. Salil Chinchore as its Group Chief Human Resources Officer and Senior Management Personnel (SMP). The appointment is effective starting April 16, 2026.Mr. Salil Chinchore brings extensive experience and a strong background in human resources leadership to Keystone Realtors. He holds an M.A. in Personnel Management & Industrial Relations from the Tata Institute of Social Sciences, Mumbai. His professional record has garnered him recognition as one of India's Top HR Leaders and as an HR Power Player by BW Businessworld.Throughout his career, Mr. Chinchore has accumulated over 30 years of...

TVS Motor Increases Shareholding in Subsidiary DriveX Mobility Private Limited TVS Motor Company Ltd has announced an increase in its shareholding in its subsidiary, DriveX Mobility Private Limited. The company's stake in the entity has risen to 92.41%, up from 87.38%, marking a significant strengthening of its operational control over the subsidiary.The acquisition transaction, which took place on April 15, 2026, involved a cash consideration payment. TVS Motor acquired 0.20% of the target entity's shareholding, for a total cost of Rs. 9,99,60,460.68. This transaction is classified as a related party transaction, and the proceeds are intended to support the subsidiary's operational needs.DriveX Mobility Private Limited...

Setco Automotive Gets Operational Green Light: GPCB Revokes Closure Direction for SASPL Unit Setco Automotive Ltd has received a revocation order from the Gujarat Pollution Control Board (GPCB), allowing the subsidiary's manufacturing unit to resume operations. The GPCB issued the revocation order on April 16, 2026, lifting a prior direction that had ordered the closure of the unit.The revocation concerns the manufacturing unit of the company’s subsidiary, SASPL, located at Baroda -Godhra Highway, Kalol, District Panchmahal, Gujarat. This follows an initial direction dated March 10, 2026, issued by the GPCB under the Water (Prevention and Control of Pollution) Act, 1974.According to the company, the GPCB's revocation order confirms...

L&T Finance Ltd to Host Investor Meet on Q4FY2025-26 and FY2026 Performance L&T Finance Ltd is scheduled to hold a conference call for investors and analysts to discuss the financial performance and strategy update for Q4FY2025-26 and the full fiscal year 2026.The conference call is set for Monday, 27 April 2026. The discussion will focus on the company’s Q4FY2025-26 and FY2026 financial performance, mirroring the presentations previously made available on the company's and the stock exchanges' websites.Attendees can access the discussion using the following details:DetailInformationDateMonday, 27 April 2026Time (IST)11:00 amTime Equivalents01:30 am EDT / 06:30 am UK / 01:30 pm SingaporeUniversal Dial-In+91 22 6280...

Roselabs Finance Approves Audited Financial Results for FY2026 Roselabs Finance Ltd announced that its Board of Directors approved the Audited Financial Results for the quarter and financial year ending March 31, 2026. The statutory auditors, M/s. MSKA & Associates LLP, issued an audit report providing an unmodified opinion on the company’s financial performance for the period.The Board Meeting, held on April 16, 2026, concluded with the approval of the audited financial results.Financial Highlights and Audit Opinion M/s. MSKA & Associates LLP, the statutory auditors, confirmed that the annual financial results for the year ended March 31, 2026, provide a true and fair view of the company's net loss, other comprehensive income, and...

VST Industries Announces Financial Results for March 31, 2026 VST Industries Limited has announced its financial results for the quarter and year ended March 31, 2026. The company, a key player in the manufacture and distribution of cigarettes and tobacco leaf, reported significant year-on-year growth in several key metrics.The company’s performance highlights include a substantial uplift in profitability, with EBITDA increasing by 61.4% year-over-year to Rs. 450 crores. The results indicate strong fundamentals and market-driven initiatives contributing to a rebound in volume.Financial Performance Overview The financial results for the fiscal year ended March 31, 2026, show robust growth across key operational metrics. The...

Rbm Infracon Limited Announces Successful Oil Discovery and Production Enhancement at Nandej Field in Gujarat Rbm Infracon Limited has reported the successful drilling and completion of two oil wells, NJ#134 (RBM-01) and NJ#135 (RBM-02), within its operational area at Nandej, Gujarat. This development marks a significant milestone for the company, enhancing domestic crude production capabilities.The wells were spudded on January 14, 2026, and February 14, 2026, respectively. Both wells successfully encountered hydrocarbon-bearing zones, identified as Kalol-VIII and Kalol-IX.Operational Details and Production Status The drilling efforts successfully established two production assets, which are currently contributing to the crude oil...

CESC Ltd Signs Power Purchase Agreements for 500 MW Wind Solar Hybrid Projects CESC Limited has finalized the Power Purchase Agreements (PPAs) for the procurement of power from grid connected Wind Solar Hybrid Power Projects. The agreements were signed with four entities, securing a combined capacity of 500 MW.The agreements span several projects, with significant terms and conditions defined for each contract. The contracts are structured for long-term operation, with all agreements remaining in force for a period of 25 years.The details of the projects, including the associated capacity, applicable tariff, and involved entities, are as follows:Entity NameCapacityApplicable TariffContract TermRelationship to CESCPurvah Green...

Tipco Engineering India Announces CFO Neha Sharma's Resignation Tipco Engineering India Ltd has confirmed the resignation of Ms. Neha Sharma from her roles as Chief Financial Officer and Key Managerial Personnel. The change is effective from the close of business hours on Thursday, April 16, 2026.Ms. Sharma informed the Board of Directors that she is resigning to pursue opportunities outside the Group. According to her statement, she plans to take on additional new responsibilities that align with her aspirations and allow for strategic contribution.Tipco Engineering India Limited, which operates as manufacturers of Reaction Vessels, Grinding Mills, Dispensers, Paints-Inks & Chemical Machineries, confirmed the departure date of Ms...

Globtier Infotech Announces CFO Resignation and Transition Period Globtier Infotech Ltd has announced the resignation of its Chief Financial Officer (CFO), Mr. Sandeep Gupta. The resignation was tendered via email on April 16, 2026, as Mr. Gupta intends to pursue opportunities outside the organization.As a Key Managerial Personnel, Mr. Gupta's departure marks a change in the company's leadership structure. The company confirmed that Mr. Gupta will continue to discharge his duties as CFO until the close of business hours on May 13, 2026, ensuring a structured and smooth transition of responsibilities.The resignation was communicated by Mr. Gupta, who stated his gratitude for the support and opportunities provided during his tenure at...

Dalmia Bharat Ltd Board Meeting Scheduled for April 28, 2026, to Review Financial Results Dalmia Bharat Ltd announced that its Board of Directors meeting is scheduled for Tuesday, April 28, 2026. The meeting is set to consider key corporate matters, including the company’s financial performance for the fiscal year ending March 31, 2026.The board agenda includes two main objectives:1. Consideration and approval of the Audited Standalone and Consolidated financial results for the quarter and year ended March 31, 2026. 2. Consideration and recommendation of the Final Dividend, if any, on the equity shares for the financial year ended March 31, 2026.In addition to the board meeting, the company provided an update regarding its trading...

VST Industries Ltd Approves Audited Financial Results and Recommends Final Dividend VST Industries Ltd announced the approval of its audited financial results for the quarter and year ended March 31, 2026, following a Board meeting held on April 16, 2026. The Board of Directors also recommended a final dividend to the company's shareholders.The company recommended a final dividend of Rs. 12/- per equity share of Rs. 10/- each. The payment is subject to the approval of the shareholders at the upcoming Annual General Meeting and is expected to be paid within 30 days of that approval.Key Financial Results for the Year Ended March 31, 2026 The audited financial statements provide a comprehensive view of the company's performance.The...

SJVN Limited Reports Cessation of Independent Director, Dr. Udeeta Tyagi SJVN Limited announced that Dr. Udeeta Tyagi ceased her role as an Independent Director on the Company’s Board. The change was recorded as a cessation due to the completion of her tenure.The director's tenure ended on April 16, 2026.The details of the director's change are as follows:Sl. No.Name of DirectorDesignationReason for changeDate of cessation1Dr. Udeeta TyagiIndependent DirectorCessation due to completion of tenureApril 16, 2026SJVN Stock Price Movement Today, SJVN Limited shares edged higher, settling at ₹76.33 after gaining 2.05% in today's trading session. The stock finished within a range of ₹74.78 to ₹77.08, drawing significant investor...