Cohance Lifesciences approved the appointment of Mr. Umang Vohra as Chairman and Group CEO, succeeding Mr. Vivek Sharma who resigned effective April 30, 2026. The Board also approved the 'Cohance Lifesciences Limited – Employee Stock Option Plan, 2026' covering 2.59 crore options. These leadership transitions and incentive plans are subject to shareholder approval via postal ballot.
Tata Elxsi Limited has announced a leadership transition. Mr. Gaurav Bajaj has resigned as Chief Financial Officer, effective May 29, 2026. He will be succeeded by Mr. Nalin Rana, effective May 30, 2026. Mr. Rana joins from Tata Sons and brings 17 years of experience in strategic finance and investment banking.
Veranda Learning Solutions' shareholders approved the demerger of its commerce vertical into J.K. Shah Commerce Education Limited. The restructuring aims to simplify group structure and unlock shareholder value through a focused entity. The scheme now proceeds for final NCLT and regulatory approvals.
Tata Elxsi Limited announced that Mr. Nalin Rana will succeed Mr. Gaurav Bajaj as Chief Financial Officer, effective May 30, 2026. Mr. Bajaj resigned to pursue external opportunities, effective May 29, 2026. Mr. Rana, currently a senior leader at Tata Sons, brings 17 years of experience in strategic finance and investment banking.
Transformers and Rectifiers (India) Limited secured an export order worth approximately ₹152.83 Crore (USD 16.26 million) from PDC AK LPIV, LLC. The contract involves manufacturing five transformers for international delivery by mid-2027, highlighting the company's growing global presence in the transformer manufacturing sector.
Sigma Advanced Systems secured a seven-year agreement with Rolls-Royce valued at approximately ₹3,800 Crore (£300 million). The company will manufacture and supply high-precision aerospace components from its India and UK facilities. This strategic partnership provides long-term revenue visibility and strengthens its position in the global aerospace supply chain.
Jagsonpal Pharmaceuticals Ltd secured shareholder approval for a buyback of up to 16 lakh equity shares at ₹250 each. The transaction, totaling ₹40 Crore, aims to optimize capital allocation and improve earnings per share.
Premier Energies Ltd launched India's first All-Black G12R DCR Solar Module series, NeoBlack, at RenewX Chennai. The 600-630 Wp modules utilize next-generation TOPCon technology for residential and premium commercial rooftops. This design-led innovation aims to accelerate urban solar adoption by addressing visual integration needs with modern architecture.
Sun Pharma has agreed to acquire 100% of Organon & Co. for US$ 14.00 per share in an all-cash deal valued at ₹110,450 Crore (EV). The acquisition marks Sun Pharma's entry into biosimilars and significantly expands its global Women's Health portfolio. The transaction is expected to close in early 2027.
Jagsonpal Pharmaceuticals Limited announced the successful passage of a postal ballot resolution for an equity share buy-back worth ₹40 Crore. Shareholders approved the buy-back of up to 16,00,000 shares at ₹250 per share with a 99.99% majority. The resolution was deemed passed on April 24, 2026.
Reliance reported strong FY26 performance with 10% revenue growth and 13.5% EBITDA growth. Strategy focuses on 5G monetization, retail hyperlocal expansion, and commissioning New Energy Giga-factories.
Brigade Enterprises signed agreements with GSS India Opportunities AIF to develop a mixed-use project in Bangalore via a 50:50 joint venture. The project includes Grade A office space and a 5-star hotel on 11.04 acres. Securities allotment in the JV entity, Vibrancy Real Estates Private Limited, is expected within one week.
Religare Enterprises Limited announced that Mr. Anuj Gulati's tenure as MD & CEO of its subsidiary, Care Health Insurance Limited, ended on April 25, 2026. The company acknowledged his leadership in building the entity into a leading health insurer. No replacement was named in this disclosure.
Religare Enterprises Limited announced the appointment of Mr. Manish Vishnu Dodeja as Whole-time Director of its material subsidiary, Care Health Insurance Limited. The appointment is for a five-year term effective April 26, 2026. IRDAI has already approved the appointment, which remains subject to shareholder approval.
Religare Enterprises Limited announced the appointment of Mr. Ajay Kumar Shah as MD & CEO of its subsidiary, Care Health Insurance Limited (CHIL). The five-year term is effective April 26, 2026, following IRDAI approval. Mr. Shah, currently CHIL's Chief Business Officer, brings over 30 years of experience to the role, subject to shareholder approval.
Jaykay Enterprises Ltd's subsidiary, JK Digital & Advance Systems, received ISO 13485:2016 and ISO 9001:2015 certifications for manufacturing medical implants using additive manufacturing. This milestone enables end-to-end manufacturing solutions for sterile revision surgery implants. The certifications cover hip, spinal, and patient-specific implants.
Sonata Software Limited appointed Rajsekhar Datta Roy as CEO for a three-year term effective May 9, 2026. He succeeds Samir Dhir, who will step down as MD and CEO on May 8, 2026, and continue as an Advisor until year-end. Roy previously served as the company's Chief Delivery Officer.
KCK Industries Limited has appointed Mrs. Bhawna Saunkhiya as an Additional Independent Director for a five-year term effective April 25, 2026. A qualified Company Secretary with over 9 years of experience, she will support the board's corporate law and SEBI compliance functions. The appointment is subject to shareholder approval.
Avantel Limited submitted its Monitoring Agency Report for the quarter ended March 31, 2026, regarding its ₹80.91 Crore Rights Issue. Issued by CARE Ratings Limited, the report confirms that proceeds were utilized for stated objects, though it noted minor timing deviations in expenditure for capital projects.
PNGS Gargi Fashion Jewellery Limited opened a new exclusive brand store at Tapadia City Centre in Amravati on April 26, 2026. This expansion strengthens the company's retail presence in Maharashtra. No financial value was disclosed for this operational milestone.
R M Drip and Sprinklers Systems Ltd informed exchanges that SEBI conducted search proceedings at its Promoter Directors' premises on April 22-23, 2026. The search was initiated per an order by the Special Judge, SEBI. The company stated there is currently no material impact on its financials or business operations due to these proceedings.
Accel Ltd announced that Mr. Sunkari Venkateswara Rao (DIN: 06600739) has ceased to be the Whole-Time Director effective close of business hours on 26th April, 2026. This follows the completion of his three-year tenure which commenced in April 2023.
De Neers Tools Limited informed that Mr. Manoj Gupta and Mrs. Anju Gupta have withdrawn their requests for reclassification from 'Promoter Group' to 'Public' category. They will remain classified as Promoters. Meanwhile, the reclassification application for Mr. Kanav Gupta continues to be pursued with the National Stock Exchange of India.
Axis Bank Limited announced senior management changes effective April 25, 2026. Mr. Sanjeev Moghe (Head Branch Banking, South) and Mr. Avinash Raghavendra (Head IT and Retail Operations) have been assigned additional charges. The changes were approved during a board meeting on the same day.
Axis Bank Limited announced senior management changes effective April 25, 2026. Mr. Sanjeev Moghe and Mr. Avinash Raghavendra have been assigned additional charges alongside their current roles as Head Branch Banking, South and Head IT and Retail Operations, respectively. These internal reassignments were approved during the Board meeting on April 25, 2026.
Avantel Limited's board approved the appointment of Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Acharyulu Muktevi as Independent Directors for five-year terms. The company also appointed M/s. Grandhy & Co. as Statutory Auditors for five years, alongside new Internal and Cost Auditors, strengthening its corporate governance and advisory framework.
Avantel Limited's board has recommended a final dividend of Re. 0.20 per equity share (10% of face value) for FY 2025-26. The record date is set for June 12, 2026, with payment expected by July 20, 2026, subject to shareholder approval at the upcoming AGM on June 24, 2026.
Ducon Infratechnologies' Board approved increasing authorized share capital and converting unsecured loans from Promoter Mr. Arun Govil into equity. The company reported FY25 revenue of ₹451 Crore and Net Profit of ₹14 Crore. An EGM is scheduled for May 20, 2026, to seek shareholder approval for these strategic capital structure initiatives.
Avantel Ltd appointed Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Muktevi as Independent Directors for five-year terms. The board also reconstituted its Audit, NRC, SRC, and CSR committees. Additionally, M/s. Grandhy & Co. was appointed as Statutory Auditor, alongside new Cost and Internal Auditors for the upcoming financial year.
