National Fittings Limited disclosed a 0.31 Crore WC Term Loan from Bank of India as part of its regulatory reporting on loan defaults. While current default is reported as NIL, total bank outstanding stands at 9.32 Crore. The loan carries a 7.5% interest rate and subsists until November 2026.
Aditya Birla Money Limited received a SEBI administrative warning letter following a thematic inspection in February 2026. The regulator raised observations concerning cyber security, resilience, and technical glitch frameworks. The company is currently implementing corrective actions and confirms no impact on its financials or business activities.
Vikram Kamats Hospitality Ltd will discontinue operations of its 'Vits' hotel at Manayata Tech Park, Bengaluru, effective April 28, 2026. The closure, driven by a gas crisis and commercial factors, is not expected to have a material adverse impact on overall group operations.
Astonea Labs Ltd reported a fire incident at its Panchkula manufacturing facility on April 27, 2026. No casualties occurred, but production is temporarily suspended for an estimated 90 days for restoration. The incident is covered by insurance, and the company is currently assessing the total financial impact.
MTNL informed exchanges that due to insufficient funds, it could not fund the escrow account for a 7.80% bond interest payment due on May 7, 2026. The bonds carry a Sovereign Guarantee from the Government of India, which may be invoked by the Debenture Trustee in case of continued default.
IL&FS Transportation Networks Adverse Business Impact
IL&FS Transportation Networks Limited defaulted on interest and part-principal payments totaling ₹4.54 Crore due on April 27, 2026. The default pertains to unsecured NCDs (Tranche XXV-Option III). The company cited a 2018 NCLAT moratorium order and its 'Red Entity' classification as the reasons for its inability to service these debt obligations.
Ganesh Infraworld Limited announced the termination of its direct involvement in the remaining ₹568.41 Crore portion of a mining contract with Kandoi Transport Limited. Following the acquisition of a 60% stake in Kandoi, the unexecuted work will be handled directly by the new subsidiary to streamline operations. The company had executed ₹139.59 Crore of the original ₹708 Crore order.
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.
The RBI cancelled the banking license of associate entity Paytm Payments Bank Limited (PPBL) effective April 24, 2026. One 97 Communications (Paytm) clarifies it has no direct financial impact as its investment was already impaired. Paytm's own services, including UPI, app, and QR codes, remain fully operational and unaffected.
Umiya Tubes Limited announced the cancellation of a major order previously received from M/s Cocreate Global Technologies Private Limited on April 22, 2026. This material event reverses the earlier order intimation. Investors should note the potential impact on revenue visibility for the upcoming period.
SEAMEC Limited reported technical downtime for its vessel 'SEAMEC SWORDFISH' effective April 23, 2026. The company is currently redressing the technical issue on priority and will provide updates upon rectification and resumption of operations. This operational halt may temporarily impact vessel availability and revenue visibility.
RKEC Projects Limited announced the termination of its ₹186.67 Crore EPC contract for passenger jetty facilities at Radio Jetty, Mumbai. The client, MMB, alleged delays, while the company cited uncontrollable factors like PILs and design changes. RKEC intends to pursue arbitration to recover costs and losses.
MedPlus subsidiary Optival Health Solutions received a five-day drug license suspension for its Jayanagar, Karnataka store. The suspension, effective from April 21, 2026, results in a potential revenue loss of ₹0.05 Crore.
Premier Explosives Limited announced the termination of a contract with an international entity for the supply of defence explosives. The cancellation occurred because the company did not receive the necessary export license from the Government of India.
Premier Explosives Limited announced the termination of a ₹18.90 Crore export order for defence explosives from an international entity. The cancellation resulted from the non-receipt of an export license from the Government of India. The company reported negligible impact on its financial performance and confirmed no damages are payable upon cancellation.
Modi Naturals Ltd has approved the closure of its manufacturing unit in Pilibhit, UP, and the sale of its plant and machinery for ₹0.63 Crore. The company plans to consolidate its bulk oil business, with impacted volumes absorbed by a nearby facility. No material adverse impact on overall operations is expected.
Hindustan Petroleum Corporation Adverse Business Impact
Hindustan Petroleum reported a fire at its HRRL joint venture refinery's CDU section on April 20, 2026. The fire was localized and controlled with no casualties. As a result, the refinery's scheduled dedication by the Prime Minister was postponed. Financial and operational impacts are currently being assessed.
Eris Lifesciences' subsidiary, Swiss Parenterals Ltd, received non-compliance observations from HALMED, Croatia, following inspections of its Ahmedabad units. The company will execute remediation actions to reinstate approvals. While existing business impact is minimal, the observations will delay the commercialization of the EU-CDMO product pipeline.
Aequs Limited's subsidiary, AEPPL, received communication from Hasbro S A indicating its intent to cease placing purchase orders effective April 30, 2026. While the Master Supply Agreement remains in place, the company is currently assessing the financial impact of this cessation on its future operations.
Aequs Limited's subsidiary, AEPPL, received notice from customer Hasbro S A of its intent to cease placing purchase orders. The company is currently in discussions with Hasbro and assessing the potential impact. The Master Supply Agreement remains technically active as the parties conclude the future course of action.
MedPlus Health Services Limited's subsidiary received suspension orders for drug licenses at two stores in Andhra Pradesh and Telangana. The suspensions, lasting seven and two days respectively, carry a combined potential revenue loss of approximately ₹0.01 Crore. Operations at these specific locations will be temporarily disrupted due to regulatory non-compliance under the Drugs and Cosmetics Rules.
Alka India Limited has withdrawn its proposed preferential issue of 23,66,37,112 equity shares previously approved in February 2026. The decision follows a reassessment of fund-raising plans due to alternative considerations. The withdrawal includes both share swaps and loan conversions, but the company maintains this will not impact its financial stability or growth prospects.
Rushil Decor Ltd announced an approximately 20-day extension to the temporary shutdown of its RHPL Laminate Sheets Unit in Mansa, Gujarat, for additional civil works. Conversely, the Jumbo Size Laminated Sheet unit has successfully resumed operations. Other manufacturing units remain unaffected, ensuring partial operational continuity during this technological upgradation phase.
Hindustan Copper Limited reported a fatal incident involving a civil contractor's employee at its Khetri Copper Complex on April 17, 2026. The company confirmed that there was no disruption to plant operations. This disclosure is submitted pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements.
Bharat Heavy Electricals Limited (BHEL) has withdrawn its acceptance of a Letter of Intent (LOI) from MB Power (Madhya Pradesh) Limited. The contract for supplying power equipment was terminated as both parties could not finalize terms within agreed timelines. This reversal impacts a previously announced order.
BHEL has withdrawn its acceptance of a Letter of Intent from MB Power (Madhya Pradesh) Limited for the 1x800 MW Anuppur Thermal Power Project. The withdrawal follows the failure to execute a formal contract despite multiple discussions and extensions. This termination concludes BHEL's involvement in the equipment supply for this specific project.
MedPlus Health subsidiary Optival Health Solutions received suspension orders for drug licenses at two Karnataka stores. The suspensions, lasting four and five days respectively, involve a combined potential revenue loss of ₹0.05 Crore. The action was taken by the Bangalore Drugs Control Administration under the Drugs and Cosmetics Act.
Mahanagar Telephone Nigam Limited (MTNL) reported a total default of ₹3,614 Crore on bank loans and financial institutions as of March 31, 2026. This includes ₹2,146 Crore in principal and ₹1,468 Crore in interest payments. The company's total financial indebtedness stands at ₹36,314 Crore, including bank loans and bonds.
Mahanagar Telephone Nigam Limited (MTNL) reported a total default of ₹9,262.53 Crore in principal and interest payments to various banks, including UBI and IOB, as of March 31, 2026. The company's total financial indebtedness stands at ₹36,314 Crore, including bank loans and bonds.
Setco Automotive Limited's subsidiary, SASPL, received a three-month revocation order from the GPCB, allowing its Kalol manufacturing unit to resume operations. The revocation follows the implementation of corrective compliance measures. Operations were previously halted due to a March 2026 closure direction. No material adverse financial impact is expected from the resumption.
