Latest announcements

Retro Green Revolution Partnership

Retro Green Revolution Limited has signed a non-binding MOU to acquire an initial 36% equity stake in Sevenglow Lights Limited. The investment, which could increase to 100% in phases, aims to drive business expansion and strategic growth. The transaction is subject to due diligence and regulatory approvals.

Execution

6 months

Fujiyama Power Systems Adverse Business Impact

Fujiyama Power Systems Ltd reported a BIS search and seizure at its Noida facility on March 24, 2026. Products worth ₹2.52 Crore were seized due to alleged non-compliance with BIS standards. The company is seeking legal advice, noting that operations remain unaffected and no material financial impact is expected.

Value

₹2.52 Cr

Senores Pharmaceuticals Merger & Restructuring

Senores Pharmaceuticals Limited's US subsidiary has acquired a 70% stake in Amerisyn, LLC. Following this subscription, Amerisyn, LLC has become a step-down subsidiary of the company. This strategic move expanded the company's pharmaceutical footprint in the United States.

Execution

Not Applicable

Spandana Sphoorty Financial Management Change

Spandana Sphoorty Financial announced a senior management reshuffle effective April 2026. Vishal Sharma has resigned, while Ganesh KV, previously Chief Transformation Officer, has been appointed as the new Chief Operating Officer. Mr. Ganesh brings over 30 years of experience in microfinance and retail banking to the role.

Adani Power Announces New Order Win

Adani Power Limited has secured a long-term contract from MSEDCL for the supply of 2,500 MW of Renewable Energy Round-The-Clock (RE RTC) power. The agreement spans a 25-year period from the scheduled commencement date. This significant award strengthens the company's long-term revenue visibility in the renewable energy sector.

Execution

25 years

Senores Pharmaceuticals Merger & Restructuring

Senores Pharmaceuticals Limited's US subsidiary has formed a new joint venture, Amerisyn, LLC, in North Carolina. The company holds a 70% stake, making Amerisyn a step-down subsidiary. This expansion into the US pharmaceutical market signals a strategic growth move for the group.

Brainbees Solutions Annual General Meeting

Brainbees Solutions Ltd (FirstCry) has issued a postal ballot notice to seek shareholder approval for the appointment of Ms. Saloni Jain Rana as a Non-Executive, Non-Independent Director. The e-voting period runs from April 05 to May 04, 2026. Ms. Rana is a nominee of Mahindra & Mahindra Limited.

Monolithisch India Other Announcement

Monolithisch India Limited has been recognized as one of ‘Bharat’s Best to a Billion Brands – 2026’ by ET Edge, a Times Group initiative. This prestigious recognition highlights the company's growth trajectory and leadership in the industrial refractory materials sector. The award celebrates high-performing Indian companies demonstrating exceptional scalability and innovation.

Rossari Biotech Other Announcement

Rossari Biotech Limited submitted its compliance certificate for the quarter ended March 31, 2026, as required under SEBI regulations. The registrar, MUFG Intime India, confirmed the processing of share dematerialisation requests within prescribed timelines. This is a routine regulatory filing with no material financial impact.

Bharat Coking Coal Adverse Business Impact

Bharat Coking Coal Ltd reported that mining and dispatch at its ABOCP Mine, Block-II, have been illegally halted by unorganized persons since April 2, 2026. The company has filed an FIR and apprised local authorities to resolve the disruption. This operational stoppage negatively impacts the company's coal production and supply chain.

Asian Hotels (North) Management Change

Asian Hotels (North) Limited announced that Arjun Raghavendra Murlidharan will cease to be a Non-Executive Independent Director effective April 3, 2026. The departure is due to the completion of his term of office.

Citizen Solar Acquisition

Citizen Infoline Ltd has fixed March 31, 2026, as the record date for its merger with Citizen Solar Private Limited. Eligible shareholders of the transferor company will receive 11 equity shares of Citizen Infoline for every 1 share held. The amalgamation follows NCLT Mumbai Bench approval dated March 19, 2026.

Amit International Board Meeting Outcome

Amit International Ltd held a board meeting on April 3, 2026, approving the appointment of Mr. Narany Ramesh Vishawkarma as an Additional Independent Director. Simultaneously, the board accepted the resignation of Mr. Ravi Rakesh Gupta from the same position. These leadership changes aim to support the company's administrative and financial oversight functions.

Narmada Macplast Drip Irrigation Systems Annual General Meeting

Narmada Macplast Drip Irrigation Systems held an EGM to approve increasing its authorized capital to ₹22 Crore. Shareholders also considered altering the company's object clause to include agricultural commodity trading, shifting the registered office, and approving investments from a proposed Rights Issue.

Value

₹22.00 Cr

Sparc Electrex Other Announcement

Sparc Electrex Ltd's promoter, Mrs. Shobha Anant Hegde, filed an annual declaration for FY 2025-26 confirming that the promoter group's 26.53% stake (5,187,258 shares) remains unencumbered. This routine regulatory filing provides transparency regarding the stability of the promoter's shareholding.

Citizen Solar Acquisition

Citizen Infoline Ltd has allotted 86,46,000 equity shares to shareholders of Citizen Solar Private Limited following their amalgamation. The allotment, based on an 11:1 share swap ratio, increased the company's paid-up capital to ₹14.04 Crore. This marks the completion of the NCLT-approved Scheme of Arrangement.

VST Industries Annual General Meeting

VST Industries Limited announced the results of its postal ballot, where shareholders approved the appointment of Mr. Piyush Srivastava as Managing Director & CEO for a five-year term starting March 2, 2026. The resolution passed with a 99.99% majority, according to the scrutinizer's report submitted on April 3, 2026.

Execution

5 years

TVS Holdings Other Announcement

TVS Holdings Limited submitted its compliance certificate under SEBI (Depositories and Participants) Regulations for the quarter ended March 31, 2026. The registrar, Integrated Registry Management Services, confirmed that security certificates received for dematerialisation were processed and cancelled within stipulated timelines.

Citizen Solar Board Meeting Outcome

Citizen Infoline Ltd approved the allotment of 86,46,000 equity shares following its amalgamation with Citizen Solar Private Limited. The company's authorized share capital was increased to ₹15.50 Crore, and its name will change to Citizen Solar Limited. These actions follow the scheme's sanction by the NCLT Ahmedabad Bench.

Konark Synthetics Other Announcement

Konark Synthetic Ltd submitted its share dematerialisation certificate for the quarter ended March 31, 2026. The filing confirms that 100 shares belonging to shareholder Chamanlal Chavada were processed and mutilated according to SEBI regulations. This is a routine compliance update with no material financial impact.

Sheetal Cool Products Annual General Meeting

Sheetal Cool Products Limited announced the approval of the appointment of M/s. Pitroda Nayan & Co. as Secretarial Auditor through a postal ballot. The resolution was passed with a requisite majority of 99.99% of votes in favor. The e-voting process concluded on April 02, 2026.

Raama Paper Mills Insolvency Petition

Raama Paper Mills Limited, currently under CIRP, announced that Ujala Renewables LLP (Consortium) and Poddar Global Private Limited have submitted resolution plans. This update follows a previous intimation to the Bombay Stock Exchange and highlights progress in the company's insolvency resolution process.

Suditi Industries Fund Raise of ₹0.18 Cr

Suditi Industries Ltd has allotted 29,703 convertible warrants on a preferential basis to a non-promoter investor. The total issue size is approximately ₹0.18 Crore, with 25% received upfront. Each warrant is convertible into one equity share within 18 months.

Value

₹0.18 Cr

Execution

18 months

Gufic BioSciences Legal & Regulatory

Gufic Biosciences received an income tax order reducing a prior demand to Rs. 11.76 Lakhs, but imposing a penalty of Rs. 23.52 Lakhs (0.24 Cr) for under-reported income. The company intends to appeal the decision before the Commissioner of Income Tax (Appeals) based on tax consultant advice.

Value

₹0.24 Cr

Containerway International Other Announcement

Indus Aluminium Recyclers Limited has authorized specific Key Managerial Personnel, including the Managing Director, CFO, and Company Secretary, to determine event materiality and make disclosures. Effective April 3, 2026, this administrative update ensures compliance with SEBI Listing Regulations.

Amber Enterprises India Acquisition Worth ₹1.74 Cr

Amber Enterprises India Ltd is acquiring the remaining 50% stake in Amber Resojet Private Limited for ₹1.74 Crore. This transaction transitions the joint venture into a wholly-owned subsidiary, aligning with the company's long-term strategic restructuring goals in the consumer durables sector.

Value

₹1.74 Cr

Execution

30 to 45 days

Studio LSD Other Announcement

Studio LSD Limited submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations for the period ended March 31, 2026. The registrar confirmed that no share certificates were received for dematerialization during this quarter. This is a routine regulatory filing with no material impact on business operations.

Grameva Board Meeting Outcome

Grameva Ltd has scheduled a Board Meeting on April 11, 2026, to approve the appointment of internal and secretarial auditors for FY 2026-27. The Board will also consider proposals to set up new business units for Layer Farming, Feed Mill Project, Piggery, and Aquaculture, signaling a significant diversification strategy.

Asian Hotels (North) Management Change

Asian Hotels (North) Limited announced that Mr. Arjun Raghavendra Murlidharan ceased to be an Independent Non-Executive Director and Chairman effective April 03, 2026. This follows the completion of his second and final term. The company is now in the process of managing this leadership transition.

Libas Consumer Products Q3 FY26 Results: Turns Profitable, Net Profit ₹1.4 Cr

Libas Consumer Products Ltd reported net profit of ₹1.4 Cr for Q3 FY26.

Key figure

Net profit ₹1.4 Cr