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Sun Retail Appoints New Independent Director, Reconstitutes Board Committees Sun Retail Ltd announced significant changes to its board structure following a board meeting held on Thursday, April 16, 2026. The company appointed Mrs. Khyati Bhavya Shah as an Additional Non-Executive Independent Director and noted the resignation of Non-executive Independent Director Nisha Sukhdevbhai Parmar.The Board of Directors appointed Mrs. Khyati Bhavya Shah (DIN: 09430457) as the Additional Non-Executive Independent Director, effective April 16, 2026. This appointment is subject to the approval of the shareholders at the ensuing Annual General Meeting. Mrs. Shah is a Company Secretary by profession, bringing extensive knowledge and experience in...

Dr. Reddys Laboratories Ltd. Board to Consider Final Dividend for FY 2025-26 Dr. Reddys Laboratories Ltd. announced that its Board of Directors will be meeting to consider the proposal regarding the final dividend for the financial year 2025-26.The company noted this consideration in relation to an earlier intimation made on March 23, 2026.During the board meeting, the directors will consider, inter alia, recommending the final dividend for the fiscal year 2025-26, subject to availability.DRREDDY Stock Price Movement Today, Dr. Reddy's Laboratories Limited shares edged higher to close at ₹1221.4, marking a positive close of 0.30% for the session. The equity saw robust institutional interest, trading on a volume of 2.01 million...

Kritika Wires Limited Board Approves Key Changes, Appoints New Company Secretary Kritika Wires Limited held its Board of Directors meeting on April 16, 2026, concluding the proceedings at 2:00 p.m. During the meeting, the board sanctioned several material corporate actions, including the appointment of a new Company Secretary and Compliance Officer, and noting a resignation from the board of directors.The board approved the appointment of Mrs. Komal Kanodia (ACSI69234) as the Company Secretary and Compliance Officer. Mrs. Komal Kanodia, a Secretary with approximately two years of experience in Secretarial Compliance and Corporate Law, will assume her duties with effect from April 16, 2026. The company confirmed that Mrs. Komal Kanodia...

3M India Ltd Announces Change in Senior Management Leadership for Healthcare Business 3M India Ltd has announced key changes in its senior management structure. The Board of Directors approved the appointment of Mr. Jerry Daniel as the Country Business Leader - Healthcare, effective May 1, 2026. On taking this role, Mr. Jerry Daniel will be designated as a Senior Management Personnel for the Company.Simultaneously, Mr. Rajiv Gupta, who currently serves as the Country Business Leader - Healthcare Business, will be transitioning out of his current role. This shift is described as a senior leadership movement within the 3M Group, causing him to cease being a Senior Management Personnel for 3M India Ltd.The details of the personnel...

WSFx Global Pay Ltd Appoints Ravi Dubey as Sr. Vice President & Head - D2C WSFx Global Pay Ltd announced the appointment of Mr. Ravi Dubey as Senior Vice President & Head - D2C, effective April 16, 2026. The company named Mr. Dubey to lead its direct-to-consumer (D2C) initiatives.The appointment marks a strategic addition to the company's senior leadership team, leveraging Mr. Dubey's extensive experience in scaling digital and e-commerce businesses.The detailed particulars regarding Mr. Ravi Dubey's appointment are as follows:ParticularsDetailsReason for ChangeAppointment of Mr. Ravi Dubey as Sr. Vice President & Head - D2C of the Company.Effective DateApril 16, 2026.Relationship DisclosureNot applicable.Profile of...

PVV Infra Board to Appoint New Directors and Submit Bids for Major Highway Infrastructure Projects PVV Infra Ltd has announced that its Board of Directors meeting is scheduled for Tuesday, April 21, 2026. The meeting is set to address significant corporate developments, including the appointment of new directors, participation in key infrastructure tenders, and the final call for a rights issue.The Board meeting agenda includes appointments of three new directors. Mr. Shubh Gangully is slated for appointment as a Whole-Time Director. He brings over 35 years of experience in Corporate Finance, Real Estate Development, and EPC Project Management and is an alumnus of IIM Kolkata. Previously, he served as Group CEO at the Prestige Group...

SVP Global Textiles Limited Announces Resignation of Key Managerial Personnel SVP Global Textiles Limited, formerly known as SVP Global Ventures Limited, has announced the resignation of Mrs. Urmi Chhapariya from the position of Company Secretary & Compliance Officer and Key Managerial Personnel (KMP).Mrs. Chhapariya submitted her resignation letter on April 16, 2026. She will be relieved from her duties effective from the close of business hours on April 20, 2026, citing personal reasons.The company confirmed that the resignation letter received from Mrs. Chhapariya affirms that there are no material reasons for her departure other than those detailed in her resignation notice.The limited company also stated that it is currently...

Bandhan Mutual Fund Increases Holding in Pennar Industries Ltd through Open Market Purchase Bandhan Mutual Fund, operating through its Bandhan Small Cap Fund scheme, has increased its stake in Pennar Industries Limited following an acquisition of equity shares on April 13, 2026. The fund acquired 1,20,000 shares, resulting in an increase in its total holding to 5.0469% of the company's paid up capital and voting rights.Prior to the acquisition, the fund's holding stood at 4.9580% of the company's total share/voting capital. The purchase of shares was conducted through the open market.The total voting capital of Pennar Industries Limited was INR 67,47,31,155/- before the transaction.The details of the acquisition and the resulting...

Madhya Bharat Agro Products Limited's Tax Demand Reduced to Nil Following Rectification Order Madhya Bharat Agro Products Limited announced a significant development regarding a tax assessment matter, reporting that a previously assessed tax demand has been reduced to Nil after receiving a rectification order.The company previously reported receiving an assessment order and a demand notice under Section 143(3) of the Income-tax Act, 1961, which initially involved a tax demand payable of Rs. 7 crores.The company subsequently filed a rectification application with the Tax Authority. Madhya Bharat Agro Products Limited confirmed that on April 15, 2026, it received the rectification order under Section 154 read with Section 143(3) of...

Infosys to Announce Fourth Quarter and Annual Results on April 23, 2026 Infosys, a prominent global leader in AI-first business consulting and technology services, has scheduled the announcement of its results for the fourth quarter and the full year ended March 31, 2026. The corporate update is slated for Thursday, April 23, 2026.On April 23, 2026, the company plans to release its results for the fourth quarter and the annual performance summary. The key events for the announcement day include a press conference and a dedicated earnings call, providing stakeholders with detailed insights into the company's operational performance.Scheduled Corporate Events The company leadership team will host multiple events on April 23, 2026. The...

Kamats Group Acquires Shares in Vikram Kamats Hospitality Limited Kamats Worldwide Food Services Private Limited, a group entity, has executed a substantial acquisition of shares in Vikram Kamats Hospitality Limited. The transaction significantly increased the stake held by the group and its associated persons acting in concert.The acquisition details involve Kamats Worldwide Food Services Private Limited, along with persons acting in concert including Dr. Vikram V. Kamat, Dr. Vidhi V. Kamat, and Vits Hotels Worldwide Private Limited. The group is noted as being promoter group affiliated with the target company. The shares of Vikram Kamats Hospitality Limited are listed on the Bombay Stock Exchange Limited.The details of the...

Ashoka Buildcon Limited Completes Full Redemption of NCD Series II Ashoka Buildcon Limited announced the timely and full redemption of its Non-Convertible Debentures (NCDs) - Series II on April 16, 2026. The company successfully redeemed the debt instruments, paying both the principal amount and accrued interest to the debenture holders.The company redeemed 10,000 debentures, each valued at Rs.1,00,000/-, aggregating a total amount of Rs.100 Crore. The redemption occurred on the scheduled due date, April 16, 2026.The debentures redeemed were classified as Senior, Unsecured, Redeemable, Non-convertible Debentures - Series II.The details concerning the redeemed debt instrument are as follows:ISINSeriesName of Debt InstrumentISIN...

PNB Housing Finance Limited Receives 'A+' ESG Rating with Score of 79.2 Resurgent ESG Services Private Limited, a wholly owned subsidiary of Resurgent India Limited and a SEBI-registered ESG Rating Provider (ERP), has announced an Environmental, Social, and Governance (ESG) rating for PNB Housing Finance Limited (PNBHFL). The company received an ESG score of 79.2, which corresponds to an ESG Rating of A+.The rating, which was announced on April 16, 2026, assesses PNBHFL’s performance for the Financial Year (FY) 2025-26, utilizing data based on FY 2024-25. The assigned rating signifies minimal risk and positions PNBHFL among leaders in adopting comprehensive ESG practices within the housing finance sector.PNBHFL, a prominent housing...

East West Freight Carriers Moves to Consolidate Shares, Increasing Face Value from Rs. 2 to Rs. 10 East West Freight Carriers Limited is pursuing the consolidation of its shares, seeking to increase the face value from Rs. 2 per share to Rs. 10 per share. This corporate action is being undertaken under Section 61(b)(1) of the Companies Act, 2013.The process involves the National Company Law Tribunal (NCLT), Mumbai Bench. The Company filed a petition for this consolidation, initially setting a hearing date of June 27, 2025. The Tribunal admitted the petition on February 24, 2026.The NCLT, Mumbai Bench, heard the matter on April 8, 2026, delivering an order. On this date, the Tribunal directed the Company to serve copies of the...

Amagi and ADAMS Announce Strategic Partnership to Accelerate Digital Transformation in Latin America Amagi Media Labs Limited announced a strategic partnership and official reseller agreement with ADAMS, a unit of Ole Interactive Group (part of the Ole Communications group). This collaboration aims to drive and lead the comprehensive digital transformation of television channels, sports leagues, and content owners across Latin America.The agreement combines Amagi's world-leading cloud broadcasting technology with ADAMS' managed services, supported by Ole Communications, thereby delivering a proven and comprehensive ecosystem to the region.As audience consumption shifts rapidly toward streaming and Free Ad-supported Streaming TV...

Autoline Industries Completes Sale of Stake in Autoline Industrial Parks Ltd Autoline Industries Ltd. has successfully completed the sale of its entire stake in Autoline Industrial Parks Ltd (AIPL), its erstwhile material subsidiary. The sale concluded on April 16, 2026, following the terms set out in the Share Purchase Agreement (SPA) dated August 08, 2023, executed with MNSC Realty & Developers Pvt. Ltd.The transaction involved Autoline Industries Ltd., its Promoters, and Autoline Design Software Ltd (ADSL) transferring all their holdings in AIPL. The successful transfer of stakes occurred upon the receipt of the entire Share Subscription Money as stipulated in the SPA.Management and Operational Changes With the completion of the...

Intellect Design Arena Ltd., a global leader in AI-First, enterprise-grade financial technology, announced that OnCost, Kuwait's leading FMCG retailer, has digitally transformed its operations by adopting the eMACH.ai Retail 6DX platform. This advanced AI-First in-store retail platform has been deployed across OnCost's branches, marking a strategic transition into next-generation, experience-driven retail.OnCost, which is noted as the nation's first wholesaler to open to individual consumers, utilized the deployment to shift its operational structure. The transformation represents a pivot away from restrictive legacy infrastructure toward a cloud-native, microservices-led architecture. By moving away from monolithic systems, OnCost...

Bharat Petroleum Corporation Ltd Names Chairman as Additional Director (Refineries) Bharat Petroleum Corporation Ltd announced that Shri Sanjay Khanna, the company's Chairman and Managing Director, has been assigned the additional charge of Director (Refineries). The change was conferred by the Ministry of Petroleum & Natural Gas via a letter dated April 16, 2026.The appointment details the expanded role for Shri Khanna, ensuring his active participation in the refinery sector operations of the corporation. The Ministry of Petroleum & Natural Gas issued the letter confirming this additional charge on the same date, April 16, 2026.BPCL Stock Price Movement Shares of Bharat Petroleum Corporation Limited are slipping by 0.56% in live...

Bharat Petroleum to Benefit from Final Investment Decision for Brazilian Oil and Gas Project Bharat Petroleum Corporation Ltd (BPCL) is set to benefit significantly from the approval of the Final Investment Decision (FID) for the SEAP-I Project in Brazil. The project focuses on the development of oil and gas discovered within the BM-SEAL-11 Concession.Petrobras, which operates the BM-SEAL-11 Consortium, approved the Final Investment Decision for the SEAP-I Project on April 13, 2026. The development aims to unlock resources in the BM-SEAL-11 Concession in Brazil.The partnership involving the concession is structured through IBV Brasil Petróleo Ltda (IBV). BPCL has a vested interest in the venture, holding a 65.40% equity stake in...

Insecticides (India) Ltd's Credit Ratings Remain Stable Following CRISIL Review Insecticides (India) Ltd confirmed that its credit rating for Long Term and Short Term Loan facilities from bank remains unchanged compared to the previous financial year, following a review conducted by CRISIL Ratings Limited.The company reported the rating details, which reflect a maintained status for its financing facilities.Credit Rating AgencyType of Credit RatingExisting RatingRevised RatingCRISILLong - Term Rating'CRISIL A+/Stable''CRISIL A+/Stable'CRISILShort - Term Rating'CRISIL A1''CRISIL A1'INSECTICID Stock Price Movement Shares of Insecticides (India) Limited are edging higher to ₹700.2 as of 2:43 PM today, rallying 2.07% in live...