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.
Dr. N Kamakodi will complete his tenure as Executive Director and CEO-MD of City Union Bank Limited on April 30, 2026. This marks a planned leadership transition for the bank following the conclusion of his scheduled term.
Usha Martin Limited's Board approved the appointment of Deloitte Touche Tohmatsu India LLP as Internal Auditors and Mani & Co. as Cost Auditors for 12 months. Both appointments are effective from April 1, 2026.
Kajaria Ceramics Limited will acquire 44,11,764 Compulsorily Convertible Preference Shares of its subsidiary, Kajaria Bathware Private Limited, for ₹50 Crore. The transaction provides an exit to WestBridge Crossover Fund's subsidiary, Aravali Investment Holdings. Post-acquisition, Kajaria Bathware will remain a wholly-owned subsidiary of the company.
Thirumalai Chemicals Limited has executed a Rs. 65 Crore Loan Agreement with Ultramarine & Pigments Limited. The loan has a 3-year tenure with 10% annual interest compounded quarterly. As a related party transaction between promoter group members, the agreement was concluded at arm's length.
Thirumalai Chemicals Limited has executed a ₹65 Crore loan agreement with Ultramarine & Pigments Limited. The loan carries a 10% annual interest rate compounded quarterly with a 3-year tenure. The transaction is a related party deal conducted at arm's length for general corporate purposes.
Tamil Nadu Newsprint and Papers Limited (TNPL) appointed Thiru Kumar Jayant, I.A.S., as Chairman and Managing Director (Full Additional Charge), effective April 30, 2026. He succeeds Dr. Sandeep Saxena, I.A.S., who retired upon superannuation. The appointment follows a Government of Tamil Nadu order to ensure leadership continuity.
Mangalam Cement Ltd submitted its initial disclosure confirming it does not fall under the 'Large Corporate' category for FY 2024-25 per SEBI norms. The company reported outstanding borrowings of ₹390.72 Crore as of March 31, 2024, and maintains a 'CARE A+; stable' credit rating.
Godavari Biorefineries Ltd disclosed its status under the SEBI Large Corporate framework, reporting outstanding borrowings of ₹330.93 Crore as of March 31, 2026. The company carries a CARE BBB+ credit rating.
Bajaj Finserv Limited granted 52,14,560 stock options to eligible employees under its BFS-ESOS scheme. The options are priced at ₹1,764.20 each, representing an aggregate value of ₹920.06 Crore. These options are convertible into equity shares and are exercisable within five years from their respective vesting dates.
CRISIL downgraded Krystal Integrated Services Limited's long-term rating to 'Crisil BBB+/Negative' and short-term rating to 'Crisil A2'. The rating action on ₹388 Crore facilities reflects stretched working capital cycles and increased group-level loans. The outlook remains Negative due to liquidity moderation.
Lemon Tree Hotels Ltd has mutually terminated its operating and license agreements for the 'Lemon Tree Hotel, Tarudhan Valley, Manesar' effective April 30, 2026. The company reports no significant financial impact from this termination. This exit involves agreements originally signed in July 2015 with Coronet Hotel Services and Supplies Pvt. Ltd.
Milkfood Limited has identified itself as a 'Large Corporate' as per SEBI debt-raising norms. The company reported outstanding borrowings of ₹18.26 Crore as of March 31, 2026, and carries a BBB credit rating from Infomerics Valuation and Rating Pvt. Ltd.
Mobavenue AI Tech Limited incorporated a new step-down subsidiary, Mobavenue LLC, in Delaware, USA, on March 20, 2026. The new entity, with an initial capital of 100 USD, aims to expand the company's digital advertising and technology solution offerings in the United States market as part of its organic growth strategy.
Texmo Pipes and Products Limited submitted a disclosure confirming it does not meet the SEBI criteria for a 'Large Corporate' for FY 2025-26. Consequently, mandatory debt security borrowing requirements and related annual disclosures are not applicable to the company.
GOCL Corporation Limited informed exchanges that it does not qualify as a 'Large Corporate' as of March 31, 2026, under SEBI regulations. Consequently, it reported nil incremental and mandatory borrowings through debt securities for the financial year 2025-2026.
Flywings Simulator Training Centre Limited confirmed it does not meet the SEBI criteria for a 'Large Corporate' for the fiscal year ended March 31, 2026. The company’s outstanding long-term borrowings remain below the ₹1,000 Crore threshold. This routine regulatory disclosure indicates the company is exempt from mandatory incremental debt-raising requirements.
ideaForge reports a turnaround FY26 with Q4 revenue of ₹1,410.4 Mn, achieving positive PAT for the quarter and positive EBITDA for the full year, driven by defense execution.
EPACK Prefab Technologies Limited submitted its initial disclosure under the SEBI Large Corporate framework. The company reported outstanding long-term borrowings of ₹48.75 Crore as of March 31, 2026, and maintains an [ICRA]A+ credit rating.
L&T Finance Limited has fixed May 22, 2026, as the record date for a recommended dividend of Rs. 2.75 per equity share. The dividend, subject to shareholder approval at the AGM on May 29, 2026, will be paid by June 27, 2026. The meeting will be held via electronic mode.
Bil Vyapar Ltd (formerly Binani Industries Limited) has submitted its initial disclosure for FY 2026-27, confirming it does not qualify as a 'Large Corporate' under SEBI debt-market regulations. The company reported zero outstanding borrowings as of March 31, 2026, and is therefore exempt from mandatory incremental borrowing through debt securities.
ideaForge Technology Limited reported its strongest quarterly performance in Q4 FY26 with INR 141 Crore revenue. The company achieved its highest-ever annual order bookings of ~INR 530 Crore in FY26 from defense and civil customers. It successfully entered the combat drones segment and received its first US purchase order, signaling a strong growth outlook for FY27.
ARCL Organics Ltd has scheduled a Board of Directors meeting on May 7, 2026. The board will consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Consequently, the trading window for designated persons remains closed until May 9, 2026.
