Tech Mahindra is acquiring 100% of Canada-based Alluri Technologies Inc. ('Avant') in tranches. The initial 85% stake is being acquired for CAD 28 million (₹193.2 Crore) to strengthen its BFSI vertical capabilities. Avant specializes in payments modernization and wealth platforms, reporting a turnover of ₹406.96 Crore in CY25.
Value
₹193.2 Cr
Execution
First closing (85%) by 31st July 2026; balance 15% by 30th June 2029
RSC International Ltd announced the non-applicability of the Annual Secretarial Compliance Report for FY26. The company remains exempt as its paid-up capital (Rs. 5.74 Crore) and net worth (Rs. 0.18 Crore) are below the SEBI LODR Regulation 15(2) thresholds.
Krystal Integrated Services Limited has entered into a Service Provider Agreement with Concept Public Relations India Limited. The agreement, signed on April 30, 2026, is for availing digital marketing services. This appointment is a strategic move to enhance the company's digital presence and communications.
ICICI Bank submitted its annual disclosure for the centralized database of corporate bonds as per SEBI regulations. The filing includes comprehensive listing details, record dates, credit ratings (CARE/ICRA AAA), and interest payment statuses for thirteen outstanding bond series. This is a routine regulatory compliance filing providing transparency on the bank's debt instruments.
Tamil Nadu Newsprint & Papers Limited announced a leadership transition effective April 30, 2026. Mr. Kumar Jayant, I.A.S., succeeds Mr. Sandeep Saxena, I.A.S., as Executive Director, Chairperson, and Managing Director following the latter's superannuation. Mr. Jayant brings extensive administrative experience from various senior government positions.
Fourth Generation Information Systems Ltd confirmed it is not classified as a Large Corporate under SEBI's debt-raising framework. The company reported outstanding borrowings of ₹3.90 Crore as of March 31, 2026. This disclosure clarifies that the entity is not subject to mandatory incremental borrowing through debt securities.
ideaForge reports a turnaround FY26 with Q4 revenue reaching a record INR 1,410.4 Mn and positive annual EBITDA. Management focuses on combat UAV development and international expansion.
EMA Partners India reported FY26 consolidated revenue of ₹87cr, up 18% YoY. Core executive search remains highly profitable, supporting investments in new loss-making verticals like James Douglas and MyRCloud.
Mr. Atul Bachhawat has resigned as the Chief Financial Officer (CFO) of Mahickra Chemicals Limited due to personal reasons. He was relieved from his duties effective April 30, 2026. The company confirmed there are no other material reasons for his departure beyond those stated in his resignation letter.
Tata Chemicals Limited submitted its annual disclosure for the centralized database of corporate bonds and debentures for FY2026. The filing details two NCD issuances totaling ₹3,200 Crore listed on the NSE. It includes payment status, credit ratings (CARE AA+ and CRISIL AA+), and record date information for investor records.
Poly Medicure Limited's Brazilian subsidiary has acquired 100% equity in MEDYNEO COMERCIO DE PRODUTOS PARA SAUDE LTDA. The acquisition provides essential operating licenses for the commercialization, importation, and distribution of medical devices in Brazil, strengthening the company's South American market presence.
Aeron Composite Limited informed the exchange regarding the non-applicability of the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. As an SME-listed entity, the company is exempt from certain Corporate Governance provisions under SEBI LODR Regulation 15(2).
Bharat Forge Limited has agreed to acquire a controlling stake in Fortuna Engineering Private Limited for ₹129.60 Crore in the first tranche. The acquisition aims to enhance machining capabilities and support growth in automotive and off-road markets.
Fractal Analytics updated its operating model and reorganized senior management. Key appointments include Kunal Jain as Head AI Workforce Transformation and Suraj Amonkar as Chief AI Research Officer. Ms. Raja Rajeswari Aradhyula transitions to an advisory role, while Chief Growth Officer Shailendra Pratap Singh resigned. These changes align leadership with the company's new AI-native expertise pillars.
Bharat Forge Limited has agreed to acquire Fortuna Engineering Private Limited (FEPL) for ₹129.60 Crore in its first tranche. FEPL specializes in machining connecting rods and camshafts for automotive applications. The acquisition aligns with Bharat Forge's strategy to strengthen machining capabilities and forward integration in domestic and export markets.
Indian Overseas Bank announced the superannuation of General Manager Dillip Kumar Barik on April 30, 2026. Simultaneously, Venkata Dayalprasad Goli has been appointed as General Manager for a 36-month term effective May 1, 2026. Mr. Goli has 18 years of banking experience and joined the bank in 2007.
Indian Overseas Bank announced the retirement of General Manager Dillip Kumar Barik and the appointment of Venkata Dayalprasad Goli as General Manager for a 36-month term. Mr. Goli brings 18 years of banking experience to the role, ensuring leadership continuity within the bank's senior management team.
Sahana System Limited announced that its subsidiary will not proceed with the execution of the Share Subscription and Shareholders’ Agreement (SSSA) previously disclosed in February 2026. The decision follows evolving market scenarios in the Defence vertical and aligns with the company's long-term vision.
Sundram Fasteners Limited has declared an interim dividend of ₹4.25 per equity share for the financial year 2025-26. The record date is set for May 8, 2026, with payment scheduled to be completed by May 25, 2026.
L&T Finance Limited allotted 7,51,383 equity shares on April 30, 2026, under its Employee Stock Option Scheme 2013. This increased the company's paid-up share capital from ₹25,046.99 Crore to ₹25,054.50 Crore.
Capri Global Capital Limited has recommended a final dividend of ₹0.20 per equity share for the financial year 2025-26. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. The record date for the payout will be finalized once the AGM date is confirmed.
Cholamandalam Investment and Finance Company Limited submitted its annual disclosure for the centralized database of corporate bonds. The filing includes comprehensive listing details, credit ratings, and payment status for various Non-Convertible Debentures issued during the period. The company confirmed there were no defaults or delays in servicing NCDs during FY 2025-2026.
Kajaria Ceramics Limited has appointed Mr. Rahul Singh Lovell from EY India as Internal Auditor for a 12-month term effective April 1, 2026. The appointment, approved at the board meeting on April 30, 2026, aims to strengthen internal controls. EY India will provide consulting and assurance services as part of the engagement.
Capri Global Capital Limited has approved an increase in its aggregate borrowing limits from ₹25,000 Crore to ₹35,000 Crore. The board decision enables future debt fund-raising through various instruments, including debt securities, to support business growth.
Samvardhana Motherson International Limited has incorporated Motherson Digital Technologies Limited as a new wholly owned subsidiary in India. The subsidiary, with an initial share capital of ₹0.10 Crore, will focus on software development and IT solutions.
Gravita India Limited has scheduled a board meeting for May 7, 2026, to approve audited standalone and consolidated financial results for the year ended March 31, 2026. The trading window remains closed until May 9, 2026.
Cholamandalam Investment and Finance Company Limited confirmed the timely payment of interest for its Non-Convertible Debentures (ISIN: INE121A07SA5). An interest amount of ₹43.29 Crore was paid on the due date of April 30, 2026. This filing ensures compliance with SEBI's listing obligations for debt securities.
Samvardhana Motherson International Limited has completed the acquisition of a 51% equity stake in Nissin Advanced Coating Indo Co. Private Limited from Nissin Electric Co. Ltd, Japan. Following the transaction, Nissin India has become an indirect wholly-owned subsidiary of the company, strengthening its manufacturing footprint.
Usha Martin Limited's Board has recommended a final dividend of Rs. 3.75 (375%) per equity share of Re. 1/- each for FY 2025-26. The dividend is subject to shareholder approval at the upcoming Annual General Meeting and will be paid according to applicable guidelines.
Kajaria Ceramics' Board approved a ₹296.70 Crore equity share buyback at ₹1,380 per share via a tender offer. Additionally, the Board recommended a final dividend of ₹6 per share for FY26. The buyback involves 21.50 lakh shares, representing a significant return of capital to shareholders.
