L&T Finance Limited has appointed Mr. Sachinn Joshi (CFO) and Mr. Raju Dodti (COO) as Executive Directors. Mr. Joshi's term is for 24 months, while Mr. Dodti is appointed for 36 months, effective April 24, 2026. These appointments strengthen the board with experienced internal leadership from finance and operations.
Reliance Jio Infocomm Limited reported its audited standalone financial results for FY26, with a total income of ₹1,31,403 Crore. The company posted a net profit of ₹28,173 Crore for the year, compared to ₹24,795 Crore in the previous year. The audit report was issued with an unmodified opinion by Chaturvedi & Shah LLP.
Poonawalla Fincorp Limited's Nomination and Remuneration Committee allotted 68,207 equity shares under its Employee Stock Option Schemes on April 24, 2026. Consequently, the company's paid-up equity share capital increased to approximately ₹176.06 Crore. These new shares rank pari-passu with existing equity shares.
India Ratings & Research upgraded Varroc Engineering Limited's long-term bank facility rating to IND AA+/Stable and affirmed IND A1+. Ratings for Commercial Paper were affirmed at IND A1+, while NCD ratings were withdrawn following full repayment. The upgrades reflect the company's improved credit profile and absence of outstanding debenture obligations.
Reliance reported FY26 revenue of ₹11,75,919cr (+9.8% YoY) and PAT of ₹95,754cr (+17.8% YoY). Strategy focuses on consumer business dominance (Digital/Retail) and O2C operational agility amid Middle East volatility.
Mahindra Finance announced a leadership reorganization: Krishna Kumar Sukumaran Nair (LIC) joins as Non-Executive Director, while Sandeep Mandrekar (CBO - Wheels) resigned to pursue personal interests. Additionally, four business heads were elevated to Senior Management Personnel (SMP) roles effective April 25, 2026, to strengthen organizational governance and operational leadership.
The Reserve Bank of India imposed a Rs. 41.80 lakh monetary penalty on Bandhan Bank Ltd for non-compliance with provisions of the Banking Regulation Act and KYC directions. The penalty relates to findings from a statutory inspection of the bank's March 2025 financial position. The bank stated there is no material impact on its operations.
Escorts Kubota Limited announced the results of a postal ballot conducted on April 24, 2026. Shareholders approved the appointments of Mr. Hitoshi Sasaki and Mr. Satoshi Suzuki as Directors with a requisite majority. The voting process was overseen by Neelam Gupta, Practicing Company Secretary, acting as Scrutinizer.
Kothari Industrial Corporation Ltd signed an MoU with Tvasta Manufacturing Solutions to explore 3D concrete printing collaborations in Australia, India, and the Middle East. The partnership targets Australia's residential housing shortage, leveraging Indian technology to address a potential $500 billion market opportunity.
Kothari Industrial Corporation Limited entered into a two-year MoU with Tvasta Manufacturing Solutions Private Limited. The partnership focuses on exploring strategic collaboration in 3D concrete printing technology across India, the Middle East, and Australia. The collaboration aims to jointly pursue infrastructure and construction projects by combining market access with technical expertise.
Mindspace Business Parks REIT announced an Executive Committee meeting scheduled for April 29, 2026. The committee will consider raising funds through the issuance of non-convertible debt securities and commercial papers. The meeting aims to approve these capital-raising measures under applicable laws.
Pearl Green Clubs and Resorts Ltd approved its FY26 audited results, reporting total income of ₹6.67 Crore and a net profit of ₹0.81 Crore. The Board also appointed Ms. Durga Kumar Modi as an Independent Director and approved increasing the authorized share capital to ₹10 Crore. These developments signal operational profitability and preparation for future capital expansion.
Pearl Green Clubs and Resorts Ltd approved its FY26 audited results, reporting total income of ₹6.67 Crore and a net profit of ₹0.81 Crore. The Board also appointed Ms. Durga Kumar Modi as an Independent Director and approved increasing the authorized share capital to ₹10 Crore. These developments signal operational profitability and preparation for future capital expansion.
Reliance Industries reported record annual consolidated revenue of ₹1,175,919 Crore for FY26, up 9.8% Y-o-Y. Annual EBITDA reached ₹207,911 Crore, while PAT rose 18.3% to ₹95,610 Crore. The company announced a dividend of ₹6 per share, driven by strong performance in O2C, Digital Services, and Retail segments.
Mangalore Refinery And Petrochemicals Results Update
Mangalore Refinery and Petrochemicals Limited (MRPL) reported annual revenue of ₹1,05,155 Crore and a profit after tax of ₹1,931 Crore for FY 2025-26. The company also commissioned 85 new retail outlets during the year and received the FIPI Innovator of the Year award for 2025.
GeeCee Ventures Limited invested ₹19.70 Crore in Vedanta Limited, purchasing 2,75,000 equity shares (0.007% stake). This strategic investment is part of the company's portfolio activity. The transaction was conducted at arm's length for cash consideration, with completion expected by April 27, 2026.
GeeCee Ventures Limited invested ₹3.45 Crore to acquire 15,000 equity shares of Adani Enterprises Limited (AEL) as part of its investment activity. This transaction increases the company's total investment in AEL beyond SEBI disclosure thresholds. The acquisition was conducted at arm's length for cash consideration.
Aye Finance Limited announced the allotment of equity shares under its ESOP/ESPS plan on April 24, 2026. The company noted that previous disclosures in XBRL format were not required as it was not equity-listed when the plan was originally approved. The post-allotment paid-up capital remains at 24,67,84,266 shares.
EPIC Energy Limited submitted a disclosure confirming it does not qualify as a 'Large Corporate' for FY 2026-27. The company reported zero outstanding borrowings as of March 31, 2026, and is therefore exempt from SEBI's incremental borrowing framework for large entities.
Neelkanth Rockminerals Ltd (BSE: 531049) submitted its initial disclosure for the financial year, confirming it is not classified as a Large Corporate under SEBI's debt raising framework. The company reported zero outstanding borrowings as of March 31, 2026.
Aye Finance Limited approved the transfer of 4,20,784 equity shares from its Employee Welfare Trust to a grantee following the exercise of ESOP 2016 options. The company's total paid-up share capital remains unchanged at 24,67,84,266 shares. These shares rank pari passu with existing equity shares.
Reliance Industries Limited reported its audited consolidated net profit of ₹95,754 Crore for the financial year ended March 31, 2026. The Board recommended a dividend of ₹6.00 per equity share. The results reflect strong annual performance across its diverse business segments including O2C, Retail, and Digital Services.
Reliance Industries Limited reported its audited consolidated net profit of ₹95,754 Crore for the financial year ended March 31, 2026. The Board recommended a dividend of ₹6.00 per equity share. The results reflect strong annual performance across its diverse business segments including O2C, Retail, and Digital Services.
Poonawalla Fincorp Limited granted 25,000 stock options to eligible employees under its ESOP-2024 - Scheme-II at an exercise price of Rs. 420.08 per share. The grant, valued at approximately ₹1.05 Crore based on the exercise price, aligns with SEBI's employee benefit regulations.
Indian Railway Finance Corporation Legal & Regulatory
Indian Railway Finance Corporation (IRFC) received notification from the NSE regarding a favorable waiver of fines. The waiver applies to fines levied for the quarters from March 2022 to December 2025 concerning specific SEBI LODR compliance regulations.
Ms. Nehal Hareshbhai Kothari has resigned as Company Secretary and Compliance Officer of Eforu Entertainment Limited, effective April 24, 2026. She is leaving to pursue opportunities outside the organization. The company has acknowledged her resignation and will complete necessary regulatory filings to give effect to the change.
SPML Infra Limited has scheduled an Extra-ordinary General Meeting for May 16, 2026. Shareholders will vote on the preferential issuance of 3,09,141 equity shares and 95,39,449 warrants to promoters and non-promoters for fresh capital infusion. Additionally, the company seeks to convert an existing loan from NARCL into 3,84,858 equity shares.
