Primo Chemicals Limited has scheduled a Board Meeting for May 5, 2026, to consider and approve standalone and consolidated audited financial results for the year ended March 31, 2026. The trading window for designated persons remains closed from April 1, 2026, until May 7, 2026.
Chalet Hotels Limited completed the first tranche acquisition of Seasons Hotels Private Limited for ₹171.0 Crore. The target company owns the 144-room Inder Residency Resort & Spa in Udaipur, Rajasthan. Following this transaction, Seasons Hotels has become a subsidiary of Chalet Hotels, expanding its hospitality portfolio in a key leisure destination.
Polycab India Merger & Restructuring Worth ₹0.1 Cr
Polycab India Limited incorporated a new wholly-owned subsidiary, Polycon Infra Projects Private Limited, on April 24, 2026. The company invested ₹0.10 Crore in equity share capital. The new entity will focus on Engineering, Procurement, and Construction (EPC) projects within the power and telecom industries.
Primo Chemicals Ltd has scheduled a Board of Directors meeting on May 5, 2026. The board will consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company's trading window remains closed until 48 hours after the results declaration.
Balrampur Chini Mills Limited has scheduled an EGM on May 20, 2026, to approve a ₹450 Crore preferential issue of 93.16 lakh equity shares. Proceeds are earmarked for a Poly Lactic Acid project and a gypsum plant. The issue price is set at ₹483 per share to select promoters and institutional investors.
Kotyark Industries Limited announced the results of its Postal Ballot. Shareholders approved the appointment of Mr. Viral Mukeshbhai Mamtora as an Independent Director and M/s. Mittal V. Kothari & Associates as Secretarial Auditors. Both resolutions were passed with the requisite majority through remote e-voting.
HDFC Life Insurance Company Debt & Borrowing: ₹3,099 Cr
HDFC Life Insurance Company Limited submitted its annual disclosure for the centralized database of corporate bonds for FY2026. The filing covers four NCD tranches totaling ₹3,099 Crore, detailing listing dates, interest payment schedules, and reaffirmed 'AAA' credit ratings from ICRA, CRISIL, and CARE. The company also confirmed the redemption of a ₹600 Crore NCD (INE795G08019) in July 2025.
Prataap Snacks Limited approved its FY26 audited financial results and recommended a final dividend of Rs. 0.50 per share (10%). The board also allotted 6,981 equity shares to employees under its ESARP 2018 plan. The company reported annual revenue from operations of ₹1,716.05 Crore.
Onward Technologies Ltd has scheduled a Board Meeting on May 05, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a final dividend. The trading window remains closed until 48 hours after the results are made public.
Chalet Hotels Limited has approved the 100% acquisition of Seasons Hotels Private Limited for ₹171.0 Crore. The target owns the 144-room Inder Residency Resort & Spa in Udaipur. This acquisition aligns with Chalet's strategy to expand its leisure portfolio and is expected to conclude by May 15, 2026.
Polycab India Merger & Restructuring Worth ₹0.1 Cr
Polycab India Limited has incorporated a new wholly-owned subsidiary, Polycon Infra Projects Private Limited, on April 24, 2026. The subsidiary will focus on EPC projects in the power distribution and telecom sectors. Polycab invested ₹0.10 Crore (₹10 Lakhs) for the initial subscription of equity shares.
Fabtech Technologies Limited reported audited consolidated financial results for FY26 and recommended a final dividend of ₹0.60 per share. The company also authorized the opening of a step-down subsidiary in Oman to expand its turnkey pharma project operations. The results show annual consolidated revenue of ₹410.77 Crore and net profit of ₹38.36 Crore.
Tata Consumer Products Limited received a credit rating reaffirmation from ICRA Limited for instruments totalling ₹2,350 Crore. The company's long-term and short-term bank facilities were reaffirmed at [ICRA] AAA (Stable) and [ICRA] A1+ respectively, while Commercial Papers were reaffirmed at [ICRA] A1+, reflecting strong financial stability.
Tamilnad Mercantile Bank reported its highest-ever quarterly profitability, with FY26 Net Profit surging 13.10% to ₹1337.55 Crore. The bank expanded its footprint by opening 44 new branches during the year. Key metrics improved, with Net NPA falling to 0.18% and CRAR rising to 33.73%. A final dividend of ₹12.50 per share was recommended.
Sterling and Wilson Renewable Energy Credit Rating
Sterling and Wilson Renewable Energy Limited's credit ratings were reaffirmed at IVR BBB+/Negative for long-term and IVR A2 for short-term facilities totaling ₹6465.21 Crore. The Negative outlook reflects moderated operating performance and PAT-level losses during 1HFY26.
Petronet LNG Limited received a new 'ICRA AAA (Stable)' credit rating from ICRA Limited for its Rs. 12,000 Crore Rupee Term Loan. Additionally, ICRA reaffirmed existing ratings of 'ICRA AAA (Stable)' and 'ICRA A1+' for various bank credit limits totaling Rs. 15,000 Crores, reflecting the company's strong creditworthiness.
ZF Commercial Vehicle Control Systems India Management Change
ZF Commercial Vehicle Control Systems India Limited announced that Dr. Lars Orlik resigned as Director effective April 30, 2026. Simultaneously, Ms. Claudia Christina Jehle, CFO of ZF Group's CVS Division, was appointed as a Non-Executive Director for a five-year term starting May 4, 2026, bringing extensive global finance leadership to the board.
ZF Commercial Vehicle Control Systems India Management Change
ZF Commercial Vehicle Control Systems India Limited announced that Ms. Claudia Christina Jehle will succeed Dr. Lars Orlik as a Director. Dr. Orlik resigns effective April 30, 2026, and Ms. Jehle, currently CFO of ZF Group's CVS division, will be appointed effective May 4, 2026. The Audit Committee will be reconstituted accordingly.
Rallis India delivered a resilient FY26 performance with record EBITDA of ₹362 Cr, driven by broad-based volume growth and cost optimization across its Crop Care and Seeds businesses.
Indus Towers Ltd has scheduled a Board of Directors meeting on April 30, 2026. The board will consider recommending or declaring a dividend. Consequently, the company's trading window for designated persons will remain closed until May 02, 2026.
V-Mart Retail Limited is shifting its Corporate Office and Books of Accounts from Sector-V to Sector-18, Gurugram, effective April 29, 2026. The move is for administrative convenience with no impact on business operations. The company confirmed its Registered Office address remains unchanged.
AGI Greenpac Limited announced the appointment of Mr. Ram Babu Kabra and Mr. Sushil Kumar Roongta as Directors, and Mr. Abhijeet Srivastava as VP-CMD Office. The Board also re-appointed Mr. Sandip Somany as Executive Director and appointed Protiviti India as Internal Auditor. These strategic leadership additions bring extensive industry and governance expertise to the company.
City Union Bank Limited's board has approved doubling its authorized share capital from 100 Crore shares to 200 Crore shares of ₹1 face value each. The increase is intended for general business purposes and remains subject to RBI approval under the Banking Regulation Act.
City Union Bank Limited recommended a 1:3 bonus issue and a final dividend of ₹2 per share for FY 2025-26. The total financial implication of these actions is ₹173.39 Crore. The bonus shares are expected to be credited by June 26, 2026, pending shareholder approval.
City Union Bank Limited has appointed Mr. R Mohan as a Non-Executive Independent Director for a four-year term effective April 27, 2026. Mr. Mohan brings 39 years of banking experience, having previously served as the bank's Chief General Manager and part-time Chairman.
Bondada Engineering Ltd reported consolidated total income of ₹285.11 Crore for FY2025-26, a significant increase from ₹158.01 Crore in the previous year. Net profit for the period stood at ₹21.11 Crore. The Board approved these audited results with an unmodified auditor opinion, reflecting strong operational growth across its EPC and services segments.