Oval Projects Engineering Ltd issued a ₹8.83 Crore corporate guarantee to Punjab National Bank. The guarantee secures credit facilities, including term loans and bank guarantees, for its promoter group entity, Oval Fresh Private Limited. This represents a contingent liability for the company with no immediate financial impact.
Dhruva Capital Services Limited has postponed its Board Meeting, originally scheduled for April 15, 2026, to April 30, 2026. The meeting will consider audited financial results for the year ended March 31, 2026. Additionally, the trading window remains closed until May 2, 2026.
Orkla India Ltd (MTR) inaugurated its flagship food festival, MTR Karunadu Swada 2026, in Bengaluru. The event showcases over 75 regional dishes from Karnataka and launched a new coffee table book and Sambar song. The company expects over 3,000 visitors, highlighting its commitment to regional culinary heritage.
Sunteck Realty Limited acquired 100% stake in Tanirika Infrastructure Private Limited for ₹22.40 Crore in cash. TIPL owns a property at Nepean Sea Road, South Mumbai, which Sunteck plans to develop. The acquisition aligns with Sunteck's strategy to expand its footprint in the premium South Mumbai residential market.
Geecee Ventures Limited invested ₹19.70 Crore in Vedanta Limited (VL) by acquiring 2,75,000 equity shares via open market purchase. This investment represents 0.007% of Vedanta's paid-up capital and forms part of the company's ongoing investment activity.
Vadivarhe Speciality Chemicals Fund Raise of ₹4.43 Cr
Vadivarhe Speciality Chemicals Limited has allotted 2,21,725 equity shares via a preferential issue. The total subscription outcome is ₹4.43 Crore, increasing the company's paid-up share capital to ₹15 Crore.
SPML Infra Limited has convened an EGM for May 16, 2026, to approve a ₹196.10 Crore fundraise. The plan includes issuing equity shares and warrants to promoter and non-promoter groups, and converting an existing NARCL loan into equity. Proceeds will fund BESS capacity expansion and working capital requirements.
Vadivarhe Speciality Chemicals Fund Raise of ₹4.43 Cr
Vadivarhe Speciality Chemicals Limited allotted 22,17,250 equity shares to its promoter, Mr. Sunil Haripant Pophale, at ₹20 per share. The total allotment value of ₹4.43 Crore was settled via conversion of an outstanding loan. This preferential issue strengthens the company's equity base.
Mangalore Refinery And Petrochemicals Debt & Borrowing
Mangalore Refinery and Petrochemicals Limited submitted its Security Cover Certificate for the quarter ended March 31, 2026. The filing complies with SEBI Regulation 54 regarding its secured listed non-convertible debt securities. The report maintains transparency for debenture holders regarding the security maintained against their investments.
M.V.K. Agro Food Product Limited announced the resignation of Ms. Swapna Rajaram Bansode as Company Secretary (Key Managerial Personnel), effective April 30, 2026. This is a routine administrative departure and the company will need to appoint a successor for compliance.
Geecee Ventures Limited invested ₹3.45 Crore in Adani Enterprises Limited (AEL) by acquiring 15,000 equity shares through open market purchase. This investment is part of the company's routine investment activity and represents a minor addition to its equity portfolio.
Mangalore Refinery And Petrochemicals Financial Results
Mangalore Refinery and Petrochemicals Limited (MRPL) reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The auditors issued an unmodified opinion, providing a true and fair view of the company's financial performance. These results offer a comprehensive view of the company's operational health and profitability for the fiscal year.
Restaurant Brands Asia Limited approved an investment of IDR 35 Billion in its Indonesian subsidiary, PT Sari Burger Indonesia. The investment involves subscribing to 35,000 non-convertible preference shares to meet business requirements. The transaction is a related party transaction conducted at arm's length and is expected to be completed within two months.
Veranda Learning Solutions shareholders approved a Composite Scheme of Arrangement to demerge its Commerce vertical into a separate entity. The meeting, convened per NCLT directions, aims to unlock value and enhance scalability for the business line. The resolution was passed with the requisite majority through remote e-voting and electronic voting during the meeting.
Regency Fincorp Limited has adjourned its board meeting to April 29, 2026, to consider a fundraise via the private placement of non-convertible debentures. The meeting will also address the appointment of a debenture trustee for the issue. This follows a postponement from the original April 24 date due to document non-availability.
IndusInd Bank has appointed Mr. Nilesh Vikamsey and Mr. Ravindra Garikipati as Independent Directors for four years. Additionally, Mr. Ganesh Sankaran and Mr. Jagdeep Mallareddy have been appointed as Executive Directors for three-year terms. These strategic leadership additions aim to strengthen the Bank's governance and operational management across wholesale and consumer banking segments.
Mahindra Logistics reported strong Q4 FY26 performance with Revenue at ₹1,791 Cr and PAT of ₹20.2 Cr, driven by contract logistics and an Express business turnaround.
Saurashtra Cement Limited received an Appeal Order from the Income Tax Department for AY 2017-18. The order allows the company's claim for deduction under Section 80IA, though it also includes an enhancement of income. The company has already filed an appeal against the enhancement. There is no material financial impact from this order.
Mr. Anirudh Ruia has resigned from his position as a Non-Executive Independent Director at Picturepost Studios Limited, effective April 23, 2026. The company disclosed this cessation to the exchange on April 24, 2026.
Shriram Finance Limited has identified itself as a Large Corporate for FY 2026-27 under SEBI norms. The company reported outstanding borrowings of ₹1,61,197.04 Crore as of March 31, 2026, and holds a CARE AAA/Stable credit rating. BSE Limited has been designated for payment of any potential shortfall fines.
Waaree Energies Limited has scheduled a board meeting for April 29, 2026, to consider raising funds through the issuance of equity shares, GDRs, ADRs, or other convertible securities via modes like QIP or private placement. The trading window remains closed until May 4, 2026.
Chennai Petroleum Corporation Limited (CPCL) reported a Profit After Tax of ₹1400 Crore for Q4 FY2025-26, supported by 112% capacity utilization and improved refining margins of US$ 13.75/bbl. The Board recommended a final dividend of ₹54 per share. Annual revenue reached ₹78,611 Crore with a record distillate yield of 80%.
Waaree Energies Ltd announced its Board of Directors will meet on April 29, 2026, to consider raising funds via equity shares, GDRs, ADRs, FCCBs, or other convertible securities. The proposal includes various modes like public issues, preferential allotments, or QIPs. Trading window for designated persons remains closed until May 1, 2026.
Sunteck Realty Ltd. acquired 100% equity stake in Tanirika Infrastructure Private Limited for an enterprise value of ₹22.40 Crore. The target owns property in Nepean Sea Road, South Mumbai, aligning with Sunteck's residential development strategy. Post-acquisition, TIPL becomes a wholly owned subsidiary, supporting the company's expansion in premium real estate segments.
Elnet Technologies Ltd confirmed its status as a non-large corporate for FY 2025-26, reporting zero incremental or mandatory borrowing through debt securities. This compliance filing follows SEBI's Large Corporate framework guidelines for annual disclosures.
Century Extrusions Ltd has approved a Draft Letter of Offer for a Rights Issue of up to ₹45 Crore. The capital raise is intended to fund brownfield expansion at its Kharagpur facility and repay unsecured loans. Existing shareholders can participate on a rights basis at a ratio and price to be determined.
L&T Finance Ltd. reported its highest ever annual consolidated PAT of ₹3,003 Crore for FY26, a 14% YoY increase. Q4FY26 PAT rose 27% to ₹807 Crore. The company also launched its 'Lakshya 2031' strategic plan to transform into an AI-enabled lender and recommended a dividend of ₹2.75 per equity share.
CRISIL upgraded Minda Corporation Limited's long-term credit rating from CRISIL AA-/Positive to CRISIL AA/Stable. The short-term rating was reaffirmed at CRISIL A1+. Additionally, its wholly-owned subsidiary, Minda Instruments Limited, saw its long-term rating upgraded to CRISIL AA/Stable, reflecting improved creditworthiness and financial stability for the group.
Oswal Pumps Ltd allotted 27,483 equity shares following the exercise of stock options under its Employee Stock Option Plan – 2024. This allotment increased the company's paid-up equity share capital to Rs. 11,40,04,897.
Vedanta Limited has scheduled a Board Meeting for April 29, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for designated persons remains closed until May 1, 2026.
