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Force Motors Ltd has recommended a final dividend of ₹50 per equity share for the financial year. The recommendation was approved during the board meeting held on April 29, 2026. Dates for the general meeting and record date for the dividend payment are yet to be finalized.
Cholamandalam MS General Insurance Company Limited reported revenue from operations of ₹2,349 Cr (+10.0% YoY) and net profit of ₹73.3 Cr (-49.1% YoY) for Q4 FY26.
IIFL Finance Limited's Board has approved a blanket limit for raising funds through the issuance of debt securities. Specific financial details, including issue size and tenure, will be determined at the time of individual series allotment. This move provides the company with flexible capital-raising capabilities for future requirements.
Auxilo Finserve Pvt Ltd reported revenue from operations of ₹168 Cr (+12.4% YoY) and net profit of ₹30.1 Cr (-13.3% YoY) for Q4 FY26.
Larsen & Toubro Limited has entered an agreement to sell its subsidiary, L&T Metro Rail (Hyderabad) Limited, to Hyderabad Metro Rail Limited for ₹1,461.47 Crore. The transaction, expected to close by June 30, 2026, will also release L&T from existing corporate guarantees and letters of comfort upon debt refinancing by the buyer.
India Tourism Development Corporation Limited (ITDC) announced the cessation of Ms. Ranjana Chopra as Non-Executive Nominee Director. The cessation, effective April 29, 2026, occurred on a co-terminus basis.
The Jammu & Kashmir Bank Limited has scheduled a Board Meeting for May 5, 2026. The board will consider and approve the audited standalone and consolidated financial results for the year ended March 31, 2026. The trading window for designated persons remains closed until May 7, 2026.
Studio LSD Limited released its Q4 FY26 update, highlighting the success of its show 'Tumm Se Tumm Tak' and the launch of 'Oh Humnava, Tum Dena Saath Mera' on Star Plus. The company also expanded its music vertical with new releases and completed the first shoot schedule for its Punjabi film project.
VMS TMT Limited has appointed Ms. Vaishaliben Sanjaybhai Jain as a Non-Executive Director for a five-year term effective April 29, 2026. Simultaneously, Mr. Vinodkumar Bhanwer Singh resigned from the same position due to personal reasons. These changes follow a board meeting held on April 26, 2026.
Gujarat Ambuja Exports Limited announced the tenure completion of Mr. Sandeep Mohanraj Singhi as a Non-Executive Independent Director, effective April 29, 2026. This departure marks the conclusion of his scheduled term on the company's board. The transition is part of routine board succession following the completion of a director's appointed tenure.
Himatsingka Seide Limited has issued a Postal Ballot notice to shareholders. The resolutions include approving ₹9.00 Crore in total remuneration for the Executive Chairman and MD over two years, and the adoption of amended Articles of Association. Voting concludes on May 29, 2026.
Jana Small Finance Bank Limited issued a certificate confirming the proper utilization of proceeds from non-convertible securities. As per SEBI Regulation 52(7) and 52(7A), the bank reported no material deviations from the objects stated in the offer document.
Gopal Sponge and Power Private Limited acquired 55,55,500 equity shares of Vraj Iron and Steel Limited through an internal promoter group merger. The off-market inter-se transfer follows a Scheme of Merger sanctioned by the Regional Director. This consolidation increases the acquirer's stake from 54.52% to 71.36% while maintaining aggregate promoter control.
Gopal Sponge and Power Private Limited acquired 55,55,500 shares (16.84% stake) in Vraj Iron and Steel Limited via an internal promoter-group merger. This off-market inter-se transfer follows the amalgamation of V A Transport Private Limited into the acquirer. The transaction consolidates the promoter group's holding without changing aggregate control.
GSP Crop Science Limited has received a credit rating upgrade from ICRA Limited for its Rs. 516.16 Crore bank facilities. The long-term rating was upgraded to [ICRA]A+ (Stable) from [ICRA]A (Stable), while the short-term rating improved to [ICRA]A1 from [ICRA]A2+. This upgrade reflects the company's improved creditworthiness and financial profile.
P S Raj Steels Limited confirmed it does not meet the SEBI criteria for classification as a 'Large Corporate' for FY 2026-2027. The company stated its long-term borrowings are below the Rs. 1000 Crore threshold and it has not availed credit ratings for debt instruments. Consequently, initial disclosure requirements for large entities are not applicable.
Kundan Edifice Limited achieved a consistent 'A' Quality Rating from Panasonic Life Solutions India Private Limited for FY 2025-2026. This rating recognizes the company's adherence to manufacturing standards and quality processes. Such assessments are critical for sustained business engagement with established industry participants like Panasonic.
Gujarat Gas Limited announced the issuance of 62.27 Crore equity shares pursuant to a Scheme of Arrangement approved by the MCA. The company set May 12, 2026, as the Record Date for the share issuance. This transaction will increase the company's paid-up share capital from ₹137.68 Crore to ₹187.65 Crore.
Bajaj Finance announced that Non-Executive Director Rajiv Bajaj will step down effective July 30, 2026. Simultaneously, the Board approved the re-appointment of Pramit Shashikant Jhaveri as an Independent Director for a five-year term starting August 1, 2026. These leadership changes are subject to shareholder approval at the upcoming Annual General Meeting.
Excelsoft Technologies Limited has issued a Postal Ballot notice for shareholder approval of four resolutions, including the appointment of Dr. Jayakumar Karuppusamy as an Independent Director. Other resolutions involve approving remuneration totaling ₹9.30 Crore for executive directors and a related party, Mr. Adarsh Sudhindratheertha Mysore. Voting concludes on May 29, 2026.
Euro Panel Products Limited incorporated a new subsidiary, Euro Sealant Private Limited, in Tamil Nadu with a capital of ₹0.50 Crore. The company holds a 51% majority stake. The new entity will manufacture and trade chemicals, sealants, and adhesives, expanding the group's product portfolio in the polymer sector.
Sab Events & Governance Now Media Limited provided an update on its ongoing CIRP. The Committee of Creditors (CoC) met on April 28, 2026, to consider an affidavit and legal opinion regarding the eligibility of a Resolution Applicant, following directions from the Hon’ble NCLT.
Euro Panel Products Limited incorporated a new subsidiary, Euro Sealant Private Limited, in Tamil Nadu for ₹0.26 Crore. The company holds a 51% majority stake in the new entity, which will focus on the chemicals, adhesives, and sealants business.
Bajaj Finance Limited's board has approved a proposal for fund-raising via the issuance of debt securities. The specific terms, including the issue size, interest rate, and tenure, will be determined by the board during future allotments. The securities are proposed to be listed on both the BSE and NSE.
Excelsoft Technologies Limited has issued a postal ballot notice for shareholder approval of four resolutions. Key items include the appointment of Dr. Jayakumar Karuppusamy as Independent Director and the approval of remuneration totaling ₹9.30 Crore for executive directors and a related party, Mr. Adarsh Mysore. Voting concludes on May 29, 2026.
Sab Events & Governance Now Media Limited provided an update on its Corporate Insolvency Resolution Process. The Committee of Creditors reviewed an affidavit and legal opinion regarding a Resolution Applicant's eligibility following NCLT directions. This procedural step is part of the ongoing effort to resolve the company's insolvency under the IBC framework.
Happy Square Outsourcing Services Limited (WHITEFORCE) secured a ₹0.15 Crore contract from Military Station Sukhlalpur. The domestic order involves providing manpower services over a 12-month execution period.
Fino Payments Bank reported FY'26 revenue of ₹1,587.9 Crore and stable net revenue of ₹584.4 Crore. The Bank achieved record total deposits of ₹2,957 Crore and a 40% net-revenue margin in Q4'26. Management highlighted strong momentum in referral lending and progress toward transitioning into a Small Finance Bank.
Classic Filaments Limited declared it does not meet the SEBI 'Large Corporate' criteria for the financial year. The company reported outstanding borrowings of ₹0.38 Crore as of March 31, 2026. Consequently, mandatory debt issuance requirements under the framework are not applicable to the company.
Shri Dinesh Mills Ltd announced a demerger of its FELT business into a separate listed entity. This follows a family settlement agreement between the BUP and NUP promoter families to ensure long-term harmony. The Board approved the reorganization to unlock value, with the residual business remaining in the existing company.