Latest announcements

Max Financial Services Fund Raise of ₹380.6 Cr

Axis Max Life Insurance approved a preferential allotment of 2.50 crore equity shares to Axis Bank for approximately ₹380.60 Crore. Following the infusion, Axis group entities will collectively hold 19.99% of the insurer. This capital raise supports future growth and aligns with existing shareholder agreements among Max Financial and Axis Bank.

Value

₹380.6 Cr

Bank of Baroda Business Update

Bank of Baroda reported provisional business figures for March 2026, with Global Business growing 13.93% YoY to ₹30.79 trillion. Global Advances rose 16.23% to ₹14.30 trillion, while Global Deposits increased 12.00% to ₹16.49 trillion. Domestic retail advances showed strong momentum, growing 17.93% year-on-year.

Value

₹30,78,854 Cr

Hexaware Technologies Management Change

Hexaware Technologies Limited announced the cessation of Mr. Milind Sarwate as a Non-Executive Independent Director. His tenure will conclude on April 24, 2026. This transition is part of regular board rotation and tenure management.

Pan Electronics India Debt & Borrowing: ₹4.21 Cr

Pan Electronics India Ltd has fully repaid its outstanding loan facilities with Punjab National Bank as of April 02, 2026. The repayment covers a Cash Credit and Term Loan totaling approximately ₹4.21 Crore, resulting in nil outstanding dues for these accounts and the release of related securities.

Value

₹4.21 Cr

C K K Retail Mart Other Announcement

C K K Retail Mart Limited announced that M/s. SVCM Securities Private Limited has discontinued its role as the company's Market Maker effective April 1, 2026. The company has initiated the process to appoint a new Market Maker within a week to ensure a smooth transition on the NSE EMERGE platform.

Viyash Scientific Employee Stock Options

Viyash Scientific Limited allotted 16,667 equity shares at Rs. 86 per share under its 2020 ESOP plan. This issuance increases the company's paid-up equity capital to Rs. 87.37 Crore. The allotment follows an April 02, 2026, resolution by the Nomination and Remuneration Committee.

Value

₹0.14 Cr

Hexaware Technologies Board Meeting Outcome

Hexaware Technologies' Board approved convening the 33rd AGM on May 05, 2026. The Board noted the tenure completion of Independent Director Mr. Milind Sarwate effective April 24, 2026, and his succession by Mr. Alok Chandra Misra. Consequently, several Board committees, including the Audit and ESG committees, have been reconstituted effective April 25, 2026.

Brandman Retail Management Change

Brandman Retail Limited announced a major management overhaul, appointing Mr. Devendra Singh Negi as CEO and Mr. Ayushman Dubey as CFO effective April 2, 2026. The board also appointed Mr. Gaurav Sharma as an Additional Independent Director and designated new Internal and Secretarial Auditors for FY 2025-26 to strengthen corporate governance.

Delhivery Employee Stock Options

Delhivery Ltd has granted 58,250 stock options to eligible employees under its ESOP 2012 scheme. The options, convertible into equity shares at an exercise price of Re. 1 each, will vest over a four-year period starting from April 2026. This move aims to align employee interests with long-term company performance.

Execution

4 years

Clean Max Enviro Energy Solutions Debt & Borrowing: ₹499 Cr

Clean Max Enviro Energy Solutions completed the full early redemption of 4,990 Non-Convertible Debentures (NCDs) worth ₹499 Crore. The company confirmed timely payment of both principal and interest on April 02, 2026, ahead of the original June 2027 maturity date.

Value

₹499.0 Cr

IIFL Finance Management Change

IIFL Finance announced a leadership change with Mr. Mayank Sharma appointed as Head of Gold Loans, succeeding Mr. Manish Mayank who resigned. Sharma, formerly Chief AI and Innovation Officer, brings over 20 years of group experience to scale the strategic gold loan vertical. The move reinforces the company's focus on AI-driven growth and risk management.

Brandman Retail Management Change

Brandman Retail Limited appointed Devendra Singh Negi as CEO and Ayushman Dubey as CFO, effective April 2, 2026. The company also appointed Gaurav Sharma as an Independent Director and named new internal and secretarial auditors. These leadership changes reflect a strategic strengthening of the company's management and governance framework.

Execution

Term of appointment is 1 year

Nexus Select Trust REIT Debt & Borrowing: ₹115 Cr

Nexus Select Trust has subscribed to unlisted, secured, non-convertible debentures (NCDs) worth ₹115 Crore issued by real estate company Runwal Residency Private Limited. This investment follows a previous board approval and represents a strategic deployment of capital into debt instruments.

Value

₹115.0 Cr

Lemon Tree Hotels Capacity Expansion

Lemon Tree Hotels has signed a license agreement for a new 98-room hotel in Simara, Nepal. Managed by its subsidiary Carnation Hotels, this marks the brand's 7th property in Nepal. The expansion targets high-growth transit hubs and strengthens the company's regional presence in the maturing Nepalese tourism sector.

Union Bank of India Business Update

Union Bank of India reported provisional business figures for FY26, with total global business reaching ₹23,85,679 Crore, a 5.79% YoY growth. Global advances grew 9.76% to ₹10,78,779 Crore, while domestic CASA deposits increased 7.90% YoY. The bank's domestic CD ratio improved to 80.41%, reflecting steady credit demand.

Value

₹23,85,679 Cr

3i Infotech Bags ₹2.04 Cr Order

3i Infotech Ltd has secured a ₹2.04 Crore digitization and document management order from a leading Indian private sector bank. The 12-month contract involves managing legacy credit card application records, including scanning and secure data handling. This win reinforces the company's position in Business Process Services.

Value

₹2.04 Cr

Execution

12 months

Heg Other Announcement

HEG Limited has been assigned an ESG score of 63 (Category: Adequate) by NSE Sustainability Ratings and Analytics Limited. The rating was independently prepared based on publicly available data without formal engagement by the company, reflecting its performance across environmental, social, and governance parameters.

IIFL Finance Management Change

IIFL Finance announced a leadership transition in its Gold Loan business effective April 2, 2026. Mr. Manish Mayank has resigned to pursue other opportunities, and Mr. Mayank Sharma, formerly Chief AI & Innovation Officer, has been appointed as the new Business Head - Gold Loans to lead the strategic franchise.

Sanstar Credit Rating

CARE Ratings has reaffirmed Sanstar Ltd's credit rating at 'CARE BBB+; Stable / CARE A2' for ₹113.75 Crore in bank facilities. The rating covers ₹95.00 Crore in long/short-term and ₹18.75 Crore in short-term facilities, reflecting the company's audited FY25 and 9MFY26 performance.

Value

₹113.8 Cr

Union Bank of India Business Update

Union Bank of India reported provisional global business of ₹23,85,679 Crore for FY26, a 5.79% YoY growth. Global advances rose 9.76% to ₹10,78,779 Crore, while domestic CASA deposits grew 7.90% YoY. The bank's domestic CD ratio stood at 80.41%, reflecting steady credit demand and operational momentum ahead of final audited results.

Value

₹23,85,679 Cr