Raunaq International Ltd declared that it does not fall under the 'Large Corporate' category as defined by SEBI circular SEBI/HO/DDHS/PoD1/P/CIR/2024/54. Consequently, the company is not required to file incremental borrowing disclosures mandated for large corporates for the financial year.
Southern Magnesium & Chemicals Ltd has scheduled a Board Meeting on May 4, 2026. The board will consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window remains closed until 48 hours after the results announcement.
Ethos Limited has inaugurated a new Ethos Watch Boutique at Agra, Uttar Pradesh. This launch brings the company's total count to 96 boutiques across India, strengthening its luxury retail presence in a key market.
Cohance Lifesciences Limited has appointed Mr. Umang Vohra as Chairman and Group CEO. Mr. Vohra brings over 30 years of experience, including leadership roles at Cipla, Dr. Reddy's Laboratories, and PepsiCo India.
Global Health Limited (Medanta) approved the acquisition of a 79-bedded cancer care hospital in Indore for ₹30 Crore. The facility, currently operated by AIOPL, will be integrated into the Medanta network by September 2026. This strategic expansion strengthens Medanta's oncology presence and regional footprint in close proximity to its existing Indore facility.
IL&FS Transportation Networks Adverse Business Impact
IL&FS Transportation Networks Limited defaulted on interest and part-principal payments totaling ₹4.54 Crore due on April 27, 2026. The default pertains to unsecured NCDs (Tranche XXV-Option III). The company cited a 2018 NCLAT moratorium order and its 'Red Entity' classification as the reasons for its inability to service these debt obligations.
Uttam Sugar Mills Limited has declared that it does not meet the criteria for a 'Large Corporate' for the 2026-27 period. The company reported outstanding long-term borrowings of ₹50.01 Crore as of March 31, 2026, and carries a CARE A; Stable credit rating.
Mahindra Holidays & Resorts India Acquisition Worth ₹37.5 Cr
Mahindra Holidays & Resorts India Limited approved the 100% acquisition of Aditatva Estates Private Limited for ₹37.5 Crore. The target owns 50 acres in Chikmagalur, Karnataka, which MHRIL plans to develop into a leisure resort. The transaction is expected to conclude by July 31, 2026, making Aditatva a wholly owned subsidiary.
IL&FS Transportation Networks Limited defaulted on ₹60.41 Crore payments due April 27, 2026, comprising ₹5.41 Crore interest and ₹55.00 Crore part principal for its Tranche XVIII NCDs. The company cited a 2018 NCLAT moratorium order as the reason for its inability to service these obligations.
Global Health Limited (Medanta) has agreed to acquire a 79-bedded cancer care hospital in Indore from AIOPL for ₹30 Crore. The transaction, expected to close by September 30, 2026, expands Medanta's healthcare network into the Indore market. The acquisition is subject to customary statutory approvals.
Bank of India has scheduled a board meeting for April 30, 2026, to consider raising capital during FY 2026-27. The proposed fund raise involves issuing Basel III compliant AT-1 and Tier II bonds. Trading window for designated persons remains closed from April 1, 2026, until May 11, 2026.
SBI Cards and Payment Services Limited reported an annual net profit of ₹2,166.71 Crore for FY26. Total income for the year reached ₹20,707.62 Crore, reflecting steady growth in its credit card business. The board also noted a decrease in Gross NPA to 2.41% compared to the previous year.
Kirloskar Pneumatic Company Ltd reported FY26 total income of ₹1,786 Crore, with PBT rising 25% to ₹356 Crore. The company achieved record order inflows exceeding ₹2,000 Crore. A total dividend of 600% (₹12 per share) was declared for the year. The board also approved a 1-to-2 stock split.
HDFC Bank Limited announced the successful passage of a postal ballot resolution for the re-appointment of Dr. (Mrs.) Sunita Maheshwari as an Independent Director. The resolution was passed with a 98.32% majority. Voting concluded on April 26, 2026, and results were formally recorded on April 27, 2026.
N R Vandana Tex Industries Limited filed a compliance certificate for the quarter ended March 31, 2026. The Company Secretary confirmed that a Structured Digital Database is in place as per SEBI Insider Trading Regulations. No non-compliance was observed during the financial year, ensuring adherence to regulatory data maintenance standards.
Affordable Robotic & Automation Limited approved a ₹48 Crore fundraise for its subsidiary ARAPL Raas, which will become an associate company as parent shareholding dilutes to 42.50%. The Board also approved ₹150 Crore in related party transactions for FY 2026-27, including a ₹50 Crore promoter loan and ₹100 Crore operational support.
UltraTech Cement Limited appointed Mr. Rohit Agarwal as Head – Internal Audit, effective May 25, 2026. A Chartered Accountant with 21 years of experience, Mr. Agarwal previously worked across the mining, metals, and manufacturing sectors. The appointment follows recommendations from the Nomination, Remuneration, and Audit Committees.
Power Mech Projects Limited secured a ₹227.95 Crore order from South Western Railway, Bangalore. The project involves developing a Vande Bharat Sleeper Trains Maintenance Depot in Karnataka on an EPC basis. The contract is to be executed within 30 months, enhancing the company's railway infrastructure portfolio.
Affordable Robotic & Automation Ltd approved a ₹48 Crore fund raise for its subsidiary, ARAPL Raas, which will become an associate company. The board also approved ₹50 Crore in promoter loans and ₹100 Crore in related party transactions for FY 2026-27. These measures aim to support working capital and the subsidiary's growth.
Gland Pharma Limited clarified its postal ballot notice regarding Ms. Naina Lal Kidwai's reappointment. The company will obtain annual special resolutions from members if her remuneration exceeds 50% of the total Non-Executive Director pay for the FY 2026-2031 period.
UltraTech Cement reported record consolidated total income of ₹89,089.04 Crore for FY26, with a net profit of ₹8,188.35 Crore. The Board recommended a special dividend of 2400% (₹240 per share). The company achieved a milestone capacity of 200 MTPA in India, entrenching its position as a global leader outside China.
Williamson Magor & Co. Limited informed exchanges that it does not meet the criteria to be classified as a 'Large Corporate' as of March 31, 2026. This disclosure is in compliance with SEBI circulars regarding fund raising through debt securities by large entities.
Sunlite Recycling Industries Limited has appointed M/s P P AMIPARA & CO., Cost Accountants, as the company's Cost Auditor for the financial year 2026-27. The appointment was approved during the Board Meeting held on April 27, 2026, to ensure compliance with the Companies Act and SEBI regulations.
Sunlite Recycling Industries Limited has appointed M/s. RAVI PATEL & CO., Chartered Accountants, as Internal Auditor for the financial year 2026-27. The appointment was approved during the Board Meeting held on April 27, 2026, ensuring compliance with the Companies Act, 2013 and SEBI Listing Regulations.
Kirloskar Pneumatic Company Ltd reported FY2026 financial results and recommended a 425% final dividend (Rs. 8.50/share). It will acquire the remaining 44.74% stake in subsidiary Systems & Components (India) for ₹12.55 Crore, making it wholly owned. The board also approved a 1:2 stock split and appointed new leadership personnel.
N2N Technologies Ltd confirmed it does not meet the SEBI criteria for 'Large Corporate' status as of March 31, 2026. The company reported zero outstanding long-term borrowings and no new debt during the 2025-2026 financial year. Consequently, it is exempt from the annual disclosure requirements specified for large entities under the framework.