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Every corporate announcement our alert engine sent, newest first: orders, results, earnings calls, fund raises, board meetings and more.
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Kopran Limited received an NCLT order dated April 09, 2026, directing the company to hold meetings for Equity Shareholders, Secured Creditors, and Unsecured Creditors. This update relates to the ongoing Scheme of Amalgamation of Kopran Laboratories Limited with Kopran Limited.
Housing & Urban Development Corporation Limited (HUDCO) was fined ₹0.05 Crore by BSE and NSE for non-compliance with Board composition regulations. The company has requested a waiver, noting that Director appointments are under the control of the Administrative Ministry. HUDCO continues to follow up with the Ministry for requisite appointments.
Aptech Ltd received a rectification order for AY 2024-25, nullifying a prior tax demand of ₹6.37 Crore. The Income Tax Department allowed a section 80M deduction of ₹20.08 Crore. Consequently, there is no outstanding tax demand, providing a positive resolution to the company's previously disclosed tax liability.
Panacea Biotec Limited received four tribunal awards regarding labor disputes dating back to 2014. The Tribunal set aside workman transfers and awarded reinstatement with back wages. The company plans to challenge these orders in the Punjab and Haryana High Court and does not foresee a material financial impact at this stage.
Quicktouch Technologies Limited has filed an appeal before the Ministry of Finance against an RBI order rejecting its Payment Aggregator application. The appeal was filed on April 10, 2026, seeking appropriate relief. This update follows the company's prior disclosure on March 12, 2026.
Symphony Limited received a VAT order for FY 2016-17. Following a successful appeal, the authority reduced the tax liability from Rs. 13.70 Crore to a nominal Rs. 12,563. The company intends to pay the amount within prescribed timelines and confirms no material impact on operations.
Apollo Hospitals Enterprise Limited received the NCLT's certified order regarding its composite scheme of arrangement involving Apollo Healthco, Keimed, and Apollo Healthtech. The Tribunal has directed the convening of shareholder and creditor meetings in May 2026. This legal milestone advances the company's strategic restructuring and business consolidation plans.
Crompton Greaves Consumer Electricals Limited reported that the XXXV Metropolitan Magistrate Court acquitted Variety Agency and its partners in a Section 138 NI Act case. The dispute involved a ₹0.65 Crore cheque, resulting in a financial loss for the company. The company stated there is no material impact on its overall financials or operations.
Central Depository Services (India) Limited announced the disposal of an arbitration claim worth ₹19.30 Crore. The claimants, Mr. Kamal R. Bulchandani and others, requested an unconditional withdrawal of the claim regarding alleged losses from Anugrah Stock & Broking. The Arbitral Tribunal allowed the withdrawal, disposing of the case effective April 06, 2026.
KEC International Ltd's subsidiary, KEC Spur Infrastructure Private Limited, received a ₹46.19 Crore tax demand from the Income Tax Department for FY 2022-23. The demand relates to ad-hoc additions and unverified creditors. The company intends to appeal the order and does not foresee any material financial impact.
S&S Power Switchgear Ltd paid a total penalty of ₹0.66 Crore (Rs.3,28,040 each) to BSE and NSE for non-compliance with NRC composition regulations. The company's waiver application was rejected on April 08, 2026, and the fine was settled on April 09, 2026. The company confirms it is now in full regulatory compliance.
Monarch Surveyors and Engineering Consultants Ltd announced that the Board noted a fine levied by BSE for delayed submission of shareholder complaint statements. The company confirmed the non-compliance was unintentional and the fine has been duly paid. Steps have been taken to strengthen internal processes to ensure future compliance.
UCAL Limited received a show cause notice from the Commercial Tax Department regarding GST discrepancies for FY 2022-23 and FY 2023-24. The company believes the notice lacks merit and will file a detailed reply. Management stated there is no material impact on financial or operational activities due to this issuance.
Bharti Airtel received penalty notices totaling ₹0.08 Crore from the DoT's Assam and Karnataka circles for alleged subscriber verification violations. The company intends to contest the Assam penalty while paying the Karnataka fine. The financial impact is limited to the penalty amounts.
Godfrey Phillips India Limited announced that plaintiffs Twenty-Four Seven Retail Stores Private Limited and Mr. Samir Kumaar Modi have unconditionally withdrawn their suit filed in the Delhi High Court. The withdrawal was recorded by the court on April 8, 2026. This resolution concludes the litigation previously disclosed in December 2024.
Carraro India Limited received a Final Assessment Order and Income Tax demand notice for ₹21.84 Crore on April 8, 2026. The company intends to appeal this order before the Commissioner of Income-tax (Appeals). There is no immediate impact on operations, and the department settled certain earlier contentions downwards.
Rane (Madras) Limited received a rectification order from the Income Tax Department for Assessment Year 2021-22. The order levies an additional interest of ₹1.63 Crore, bringing the total aggregate tax demand to ₹5.08 Crore. The company intends to contest the order before appropriate authorities.
Info Edge (India) Ltd announced that the NCLT, New Delhi, has passed the First Motion Order for the amalgamation of four wholly-owned subsidiaries into the company. The tribunal dispensed with meetings for the transferor companies' stakeholders while directing meetings for the transferee company's shareholders and creditors to proceed with the merger.
Hindustan Composites received a fine of ₹1.55 lakh from BSE for delayed Q1FY19 financial results. Additionally, BSE rejected the company's waiver application for a ₹1.62 lakh fine related to board composition non-compliance. The company is evaluating legal options while committing to pay the fine within prescribed timelines.
Dish TV India Ltd announced that JC Flowers Asset Reconstruction Private Limited has withdrawn its petition (originally filed by Yes Bank) against the company before the Hon'ble NCLT, Mumbai. The petition had sought directions to convene an Extraordinary General Meeting. The company will update stakeholders once the formal tribunal order is uploaded.
Bharat Petroleum Corporation Ltd has been directed to pay a ₹1 crore environmental compensation to the CPCB. The penalty relates to delayed installation of Vapour Recovery Systems at 41 storage locations. The National Green Tribunal upheld the CPCB directions on April 7, 2026, though the company noted all installations were completed by March 2025.
Gujarat Mineral Development Corporation (GMDC) received an Administrative Warning from SEBI concerning suspected insider trading and factual deficiencies in a 2024 environmental clearance disclosure. The warning carries no monetary penalty and no material financial impact. The company has been advised to strengthen compliance standards to avoid future recurrences.
India Tourism Development Corporation (ITDC) addressed a non-compliance fine from NSE regarding its board composition. The company noted that director appointments are handled by the Government of India and intends to seek a waiver once compliance is achieved. Investors should note this regulatory friction involves administrative delays in government appointments.
India Tourism Development Corporation Ltd (ITDC) reported a board meeting held to discuss fines imposed by BSE for non-compliance with board composition norms. The company attributed the delay in appointing Independent and Women Directors to the Government of India and intends to seek a waiver of penalties once compliance is achieved.
Aeroflex Enterprises' subsidiary, Aeroflex Industries Limited, received a GST demand and penalty order totaling ₹7.19 Crore from the Central GST Commissionerate, Raigad. The dispute relates to ITC on IPO-related expenses for FY22-24. The company intends to appeal and expects no material financial impact.
Xchanging Solutions Ltd received an ITAT Bangalore order partly allowing its appeal for AY 2011-12. The tribunal directed a recomputation of the ₹452.14 Crore transfer pricing adjustment after excluding specific comparables. The company expects no material financial or operational impact from this development.
Nippon Life India Asset Management received an EPFO order to pay ₹0.37 Crore in outstanding EPF dues for international workers (2013-2017). The company will also be liable for additional interest and damages. Management stated there is no material impact on financials or operations, and they intend to settle the dues before the deadline.
Aeroflex Industries received a ₹7.19 Crore GST demand and penalty order from the Central GST Commissionerate, Raigad. The dispute concerns input tax credit on IPO-related expenses for FY22-24. The company intends to appeal and expects no material financial impact.
Manappuram Finance Ltd reported a technical violation of SEBI Insider Trading Regulations involving an inadvertent trade by an Independent Director's PMS provider. The company imposed a ₹20,000 penalty, which has been remitted to the SEBI Investor Protection and Education Fund. The transaction involved 2,111 equity shares valued at approximately ₹6.15 Lakhs.
Reganto Enterprises Ltd has been penalised Rs. 0.16 Crore (including GST) by BSE Limited. The fine was imposed for failing to submit financial results within the timeframe prescribed under SEBI LODR Regulation 33. The company noted there is no impact on its operations due to this penalty.