Kiran Vyapar Limited acquired a 27.73% stake in Maharaja Shree Umaid Mills Limited (MSUM) following MSUM's merger with Placid Limited. The acquisition was executed via a share swap ratio of 515:1. MSUM, a textile and renewable energy firm, will now be classified as an associate company of Kiran Vyapar.
Indrayani Biotech Ltd has filed an appeal before the Income Tax Appellate Tribunal (ITAT) against an assessment order raising a demand of ₹13.90 Crore for AY 2023-24. The company, advised by legal counsel, expects no material adverse impact on its financial operations as the matter remains sub-judice.
GSM Foils Limited promoters have voluntarily locked in their remaining equity shares for 18 months starting April 25, 2026. This follows a partial sale of shares by one promoter. The undertaking confirms promoters will not sell, pledge, or encumber these shares during the lock-in period, ensuring stability in the company's shareholding structure.
Nath Bio-Genes (India) Limited has scheduled a board meeting on May 4, 2026, to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a final dividend for the financial year. The trading window remains closed until May 6, 2026.
Nath Bio-Genes (India) Ltd will hold a Board Meeting on May 4, 2026. The board will consider audited financial results for Q4 and FY26, alongside a dividend recommendation for 2025-26. The trading window remains closed until May 6, 2026.
IDBI Capital Markets & Securities Limited reported audited financial results for FY 2025-26, with total income reaching ₹174.05 Crore. The company achieved a net profit of ₹43.68 Crore for the year, reflecting steady growth compared to the previous financial year. The results include a clean audit report from V C Shah & Co.
Kiran Vyapar Ltd's step-down subsidiary, Sukhday Greenview Private Limited, has ceased to exist following its merger into Maharaja Shree Umaid Mills Limited. The NCLT-approved scheme became effective April 25, 2026. In consideration, the transferee company will issue 170 equity shares for every 25 preference shares held by the group's subsidiary.
Agri-Tech (India) Limited announced the proceedings and voting results of its EGM held on April 25, 2026. Shareholders approved the regularization of Mr. Anil Kashinath Purkar and Mr. Dilip Haribhau Deshpande as Independent Directors, and the appointment of M/s. KP Sahasrabudhe & Co. as Statutory Auditors. All resolutions were passed with the requisite majority.
UCO Bank reported a 22.66% YoY growth in net profit to ₹801 Crore for Q4 FY2025-26. Total business grew 14.95% to ₹5,90,314 Crore, while asset quality improved with Net NPA falling to 0.27%. The Board proposed a dividend of 44 paise per equity share (4.40%) for the fiscal year.
Kiran Vyapar Ltd's associate Placid Limited has merged with Maharaja Shree Umaid Mills Limited (MSUM) effective April 25, 2026. Consequently, Placid Limited ceases to exist, and Kiran Vyapar will receive 515 MSUM shares for every 1 share held in Placid. The transaction was executed at arm's length following NCLT approval.
Indian Bank has re-appointed Mr. Ashutosh Choudhury as Executive Director for a term of three months, effective from May 3, 2026. The move ensures continuity in the bank's senior leadership team.
Sonata Software Limited announced that Mr. Samir Dhir will vacate his role as MD & CEO on May 8, 2026. The Board approved the appointment of Mr. Rajsekhar Datta Roy as the new CEO for a three-year term effective May 9, 2026. Mr. Roy previously served as the company's Chief Delivery Officer.
One 97 Communications Limited announced the voluntary winding up of its associate, Paytm Payments Bank Limited (PPBL), following RBI license cancellation. The company confirms PPBL's contribution to its financials was nil and expects no material impact on its independent operations, including the Paytm app and UPI services.
Gujarat Kidney and Super Speciality Annual General Meeting
Gujarat Kidney And Super Speciality Limited announced the passing of three resolutions via postal ballot with requisite majority. Approved items include interim fund utilisation for healthcare expansion, voluntary revision of financial statements, and the appointment of Mr. Dharmendra Bhaliya as Secretarial Auditor for FY 2025-26. Voting concluded on April 25, 2026, with the Scrutinizer's report confirming the results.
Aptus Pharma Ltd informed BSE that Regulation 24A of SEBI (LODR) Regulations, 2015, regarding the Annual Secretarial Compliance Report, is not applicable to the company. As an entity listed on the SME Exchange, it falls under the exemptions provided in Regulation 15(2)(b).
Bharat Heavy Electricals Limited (BHEL) appointed Ms. Aruna Gulati as the new General Manager & Head of Solar Business Division (SBD), Bengaluru, effective April 25, 2026. A 35-year veteran of BHEL, she will report to the Director (IS & P). This leadership change aligns with SEBI Regulation 30 disclosures.
Sundram Fasteners Limited announced the results of its 17th Postal Ballot. Shareholders approved the re-appointment of Sri Suresh Krishna as a Non-Executive Director for a five-year term starting July 1, 2026, with 99.83% of votes cast in favour. The resolution was passed with the requisite majority via remote e-voting.
UCO Bank reported audited financial results for FY26 and approved a major capital raising plan of ₹2,700 Crore via equity issuance. The board also recommended a dividend of ₹0.44 per share and approved raising up to ₹5,000 Crore through Basel III and infrastructure bonds during FY 2026-27.
Bharat Heavy Electricals Limited (BHEL) has appointed Ms. Aruna Gulati as General Manager & Head of its Solar Business Division (SBD) in Bengaluru, effective April 25, 2026. This senior management appointment strengthens the leadership of BHEL's solar operations.
Oil And Natural Gas Corporation Legal & Regulatory
ONGC received a 'Stop Production Order' from the APPCB for its Mori#5 well due to alleged environmental violations. The well, previously involved in a blowout incident, has been closed since January 2026. Management considers the financial impact insignificant relative to operations and intends to review the order for a formal response.
HandsOn Global Management (HGM) Annual General Meeting
HandsOn Global Management (HGM) Limited announced that shareholders approved the appointment of Mr. Kesavan Nair Padmanabhan as an Independent Director via postal ballot. The resolution passed with a 99.998% majority. The scrutinizer report confirmed the results of the e-voting process concluded on April 25, 2026.
Mangalam Worldwide Limited (MWL) informed the National Stock Exchange that it does not qualify as a 'Large Corporate' for the financial year 2026-2027. The company met only the listing criteria and did not meet the borrowing or credit rating thresholds required under the SEBI Large Corporate framework.
Mangalam Worldwide Limited informed the exchange that it does not qualify as a 'Large Corporate' for F.Y. 2025-26. The company does not meet the SEBI criteria regarding outstanding long-term borrowings and credit ratings. Consequently, the requirement for Annual Disclosure under the SEBI Large Corporate framework is not applicable.
Innovision Ltd received a ₹3.01 Crore annual contract from MP East Zone Electricity Distribution CO. Ltd. The order involves supplying skilled, semi-skilled, and unskilled manpower through a competitive bidding process. This award strengthens the company's service portfolio in the utility sector.
Ms. Pranjal Deshmukh has resigned as Company Secretary and Compliance Officer of Natural Capsules Limited, effective April 25, 2026. The resignation is to pursue better career opportunities. The company will need to appoint a successor to fulfill its regulatory compliance requirements.
Ms. Pranjal Deshmukh has resigned as Company Secretary and Compliance Officer of Natural Capsules Limited, effective April 25, 2026. The resignation is intended to allow her to pursue better career opportunities.
Jayaswal Neco Industries Ltd has executed a term sheet to invest ₹40.97 Crore in Waaree Group's solar SPVs. This strategic move enables captive solar energy procurement for its steel plant and iron ore mines, fulfilling ESG commitments and reducing power tariff volatility.
Hindustan Petroleum Corporation Adverse Business Impact
Hindustan Petroleum Corporation Ltd reported that a fire at the HPCL Rajasthan Refinery was localized to six heat exchangers. Restoration is expected to take 3-4 weeks, with the Crude Distillation Unit (CDU) restarting in late May 2026. Trial production of LPG, MS, HSD, and Naphtha is anticipated to begin within the same month.
Sanginita Chemicals Limited announced a transition in its finance leadership effective April 25, 2026. Mr. Dipakkumar B Chavda resigned as CFO due to personal reasons, and Ms. Sangitaben D Chavda, who previously served as CFO from 2017 to 2025, has been re-appointed to the role.
Jayaswal Neco Industries approved setting up a new 1.50 MnTPA Straight-Grate Pellet Plant in Raipur for ₹720 Crore. The project, funded via ₹540 Crore debt and ₹180 Crore internal accruals, will take 24 months to complete. This expansion aims to utilize iron ore from captive mines.