Mahindra & Mahindra Financial Services Limited has allotted 50,000 Non-convertible Debentures (NCDs) aggregating to ₹500 Crore on a private placement basis. The NCDs carry a fixed coupon of 7.71% p.a. and will be listed on the BSE Wholesale Debt Market segment.
DSM Fresh Foods Limited (Zappfresh) has appointed Mr. Rajneesh Bhasin as an Independent Director on the Board of its brand, Meevaa Foods. The move aims to strengthen board-level oversight and governance as the company scales its frozen and vegetarian food platform. Mr. Bhasin brings extensive experience in consumer businesses and supply chain management.
Magellanic Cloud Limited entered a strategic partnership with Rayonix Tech Private Limited valued up to ₹150 Crore. The collaboration focuses on local manufacturing and commercialization of warfare-grade UAVs and drones for India's defense ecosystem. The partnership supports the 'Atmanirbhar Bharat' vision through a planned Special Purpose Vehicle for autonomous drone technology.
Premier Synthetics Ltd informed BSE that it is not identified as a 'Large Corporate' as of March 31, 2025. Consequently, the company is exempt from initial and annual disclosure requirements pertaining to fund raising via debt securities for FY 2025-26.
Vikran Engineering Limited has executed an agreement to acquire a 49% stake in NOPL Solar Projects Private Limited for ₹4.9 Crore. This strategic investment expands Vikran's footprint in India's renewable energy sector. The target company is associated with a 969 MW grid-connected solar project under the PM-KUSUM Scheme in Maharashtra.
Dredging Corporation Of India Annual General Meeting
Dredging Corporation of India Limited issued a postal ballot notice to appoint Smt. Krishna Das and Shri Devendra Kumar Pathak as Independent Directors, and Mr. Divakar Sanamandra as Managing Director and CEO. Voting concludes on June 1, 2026. These appointments aim to strengthen the board and leadership team.
Bhandari Hosiery Exports Limited has scheduled a board meeting for May 6, 2026. The board will consider the monitoring agency report regarding the utilization of funds raised through its Rights Issue. The company's trading window is currently closed until June 2, 2026.
Dredging Corporation Of India Annual General Meeting
Dredging Corporation of India Limited issued a postal ballot notice seeking shareholder approval for the appointments of Smt. Krishna Das, Shri Devendra Kumar Pathak, and Capt. S Divakar as directors. E-voting will occur from May 3 to June 1, 2026.
Oriental Trimex Limited confirmed its status as a non-large corporate as of March 31, 2026. The company does not meet the SEBI criteria for 'Large Corporates' regarding fund raising through debt securities. This administrative disclosure ensures compliance with SEBI's debt-raising framework for the specified period.
National Fittings Ltd has informed the BSE that it does not qualify as a 'Large Corporate' under the SEBI circular dated November 26, 2018. This annual disclosure confirms the company is not subject to mandatory incremental borrowing through the issuance of debt securities for the specified framework period.
Piramal Finance achieved ₹1,01,230 Cr AUM (up 25% YoY) with FY26 Consol. PAT of ₹1,506 Cr. Strategy focused on transition to a 97% growth book (Retail & Wholesale 2.0).
Praj Industries Limited has approved a Postal Ballot Notice to seek shareholder approval for appointing Mr. Sachin Raole as Joint Managing Director and CFO. The appointment is for a five-year term from April 30, 2026, to April 29, 2031. This move aligns with the company's leadership and succession planning.
Trualt Bioenergy Limited received credit ratings from India Ratings & Research for its ₹1,766 Crore bank facilities. The agency assigned an 'IND A-/Stable' rating for long-term facilities and 'IND A2+' for short-term facilities. The rating reflects the company's strong market position as India's largest cane-based distillery.
Ushanti Colour Chem Limited confirmed it is not identified as a 'Large Corporate' as of March 31, 2026. Consequently, the company is not required to make initial disclosures under SEBI's debt fundraising framework for large entities.
Vardhman Special Steels Limited reported its audited financial results for the year ended March 31, 2026, with a total income of ₹1,796.78 Crore and profit after tax of ₹122.02 Crore. The board recommended a dividend of ₹3.50 per share.
HDB Financial Services Limited has allotted 32,500 Secured Redeemable Non-Convertible Debentures (NCDs) aggregating to ₹325 Crore on a private placement basis. The NCDs feature a 7.58% coupon rate and a tenure of 762 days. The instruments are proposed for listing on the Wholesale Debt Market Segment of BSE Limited.
Apollo Techno Industries Ltd has launched its new 'A100R GEN II HDD' drilling rig for the European market. The machine complies with European CE standards and features a 73 HP Caterpillar engine. This launch aims to diversify income sources and enhance the company's international market penetration in the machinery sector.
Praj Industries Limited has appointed Mr. Sachin Raole as Joint Managing Director and Chief Financial Officer for a five-year term effective April 30, 2026. Mr. Raole, a CA and Cost Accountant with 31 years of experience, will transition into this dual leadership role subject to shareholder approval.
Kalpataru Projects International Other Announcement
Kalpataru Projects International Limited has been assigned an ESG rating of '53' (Adequate) by ESG Risk Assessments & Insights Limited. The rating was assigned independently based on publicly available information. This assessment highlights the company's performance across environmental, social, and governance parameters.
Filatex Fashions approved increasing NRI/OCI investment limits to 24% and FPI limits to the sectoral cap. The board also appointed an RTA for a proposed FCCB issuance and approved the reclassification of two promoters to the public category. An EGM is scheduled for May 21, 2026, to seek shareholder approval.
Knowledge Marine & Engineering Works Price Movement Clarification
Knowledge Marine & Engineering Works Ltd clarified to BSE that the recent significant increase in trading volume is market-driven. The company confirmed there is no undisclosed price-sensitive information or internal events contributing to the volume movement.
Heritage Foods Limited has scheduled a Board Meeting for May 11, 2026. The board will consider audited standalone and consolidated financial results for the year ended March 31, 2026, and recommend a final dividend. The trading window remains closed until May 13, 2026.
Inventurus Knowledge Solutions Ltd granted 12,700 employee stock options under its IKS ESOP Plan 2022. The options are exercisable at ₹1,505.20 each, representing an aggregate value of ₹1.91 Crore. The grant aims to incentivize and retain eligible employees through equity-based benefits.
Value
₹1.91 Cr
Execution
During continuous active employment from the date of vesting
Heritage Foods Limited has scheduled a board meeting on May 11, 2026, to consider audited financial results for the fiscal year ended March 31, 2026. The board will also consider a recommendation for a final dividend. The trading window for designated persons is closed until May 13, 2026.
Kirloskar Pneumatic Company Limited approved a sub-division of its equity shares. The number of paid-up shares will increase from 64,958,190 to 129,916,380, while the total paid-up share capital remains unchanged at ₹12.99 Crore. This move is intended to improve liquidity and make the shares more accessible to retail investors.
Zee Entertainment Enterprises Limited reported standalone revenue of ₹1,847.8 Crore and consolidated revenue of ₹1,995.6 Crore for the quarter ended September 30, 2025. The company also addressed ongoing SEBI investigations and cricket broadcasting rights disputes with JioStar in its notes.
Heritage Foods Ltd has scheduled a Board Meeting on May 11, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a final dividend and fixing the AGM date. The trading window remains closed until 48 hours after the results declaration.
Ksolves India Limited clarified a typographical error in its Standalone and Consolidated XBRL filings for the period ended September 30, 2025. The company corrected the 'Diluted EPS' to match its previously submitted signed financial results. A revised filing has been proactively submitted on the NEAPS portal to ensure immediate regulatory compliance.
