India SEBI Regulatory Enforcement Actions — April 27, 2026

27-04-2026

Shree Renuka Sugars Limited received two penalty orders dated December 4, 2025, from the Assistant Commissioner of CGST & Central Excise, Belagavi City Division, totaling ₹1,52,27,920 for alleged non-reversal of Input Tax Credit on damaged goods and excess ITC on blocked credits during FY 2018-2022. The company maintains a bona-fide view of strong merit, has filed appeals, and asserts no material impact on financials or operations beyond the penalty amount itself. The intimation under SEBI Regulation 30 was filed on April 27, 2026, citing an unintentional delay.

• ·NSE Symbol: RENUKA; BSE Scrip Code: 532670
• ·Corporate Identification No.: L01542KA1995PLC019046
• ·Delay in disclosure due to inadvertent omission, requesting condonation

27-04-2026

Mahindra & Mahindra Ltd has acquired an additional 28.03% stake in its subsidiary Carnot Technologies Private Limited for Rs. 6.72 crore, increasing its equity holding to 80.72% and voting rights to 89%, aligning with its strategy in precision farming and telematics. Carnot reported FY26 revenue of Rs. 19.80 crore, marking a decline from Rs. 23.08 crore in FY25 and Rs. 24.81 crore in FY24, alongside PAT of Rs. 1.17 crore and net worth of Rs. 6.00 crore. The transaction is a related party deal on arm's length basis, with completion expected in May 2026.

• ·Share purchase price: Rs.11,978 per share
• ·Carnot date of incorporation: 24th August 2015
• ·Transaction executed on April 27, 2026 at 06:11 p.m., indicative completion: May 2026
• ·No governmental or regulatory approvals required

27-04-2026

Apollo Hospitals Enterprise Limited received the certified true copy of the NCLT Chennai order dated April 15, 2026, on April 27, 2026, approving dispensation of the secured creditors' meeting for the composite scheme of arrangement due to 90.96% consent via affidavit, avoiding the previously ordered meeting. The order also modifies and approves new dates for equity shareholders' meeting (27th May 2026, 2:30 PM), unsecured creditors' meetings (21st May 2026, 11:00 AM for Company 1; 26th May 2026, 3:00 PM for Company 3 at specified venue), and secured creditors' meeting (27th May 2026, 10:00 AM). This progresses the scheme involving Apollo Healthco Limited, Keimed Private Limited, and Apollo Healthtech Limited under Sections 230-232 of the Companies Act, 2013.

• ·NCLT application numbers: CA/CAA/8/CHE/2026, IA(CA)/99/CHE/2026, IA(CA)/100/CHE/2026, IA(CA)/101/CHE/2026
• ·Original meeting dates modified from 16th May 2026 and 17th May 2026
• ·Unsecured creditors meeting for Company 3 at Paragon Towers, Plot No. 9 & 10, Rukmani Colony, Nehru Nagar, 1st Street, Kottivakkam, Chennai

27-04-2026

Tata Motors Limited has scheduled a Board of Directors meeting on May 13, 2026, to consider and approve the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026, along with auditors' reports. The board will also recommend a dividend declaration, if any, for shareholder approval at the forthcoming 2nd Annual General Meeting. The trading window for designated persons remains closed from March 25, 2026, until 48 hours after the financial results publication, with an analyst/investors' call planned on the announcement day.

• ·Trading Window closure: March 25, 2026, to 48 hours post-publication of financial results.
• ·Analyst/Investors’ call to be hosted on www.cv.tatamotors.com on the day of financial results announcement.
• ·Intimation under Regulations 29(1)(a), 50(1)(c), and 30 of SEBI Listing Regulations.

27-04-2026

Infosys delivered FY26 revenue growth of 3.1% in constant currency terms, with Q4 growth at 4.1% YoY CC, supported by strong performance in Financial Services, Communications, Manufacturing, and Europe, alongside large deals of $14.9B for the year (28% YoY increase) and $3.2B in Q4. AI services revenue grew beyond 5.5% of total revenue in Q4 from Q3 levels. However, FY27 revenue guidance is modest at 1.5% to 3.5% YoY CC amid competitive intensity, AI productivity impacts, and client spending compression, with operating margins guided at 20% to 22%; FY26 margins were resilient at 21% despite headwinds like 1% drag from lower third-party revenue and 70 bps from on-site mix.

• ·Employee count declined by over 8,000 in the last five to six quarters.
• ·Stratus acquisition closed and contributes 25 basis points to FY27 guidance; Optimum and Australian JV pending regulatory approvals, not yet included.
• ·Q4 margin headwinds: 50 bps from acquisition amortization, 20 bps from comp, partially offset by 40 bps currency benefit and 30 bps from Maximus.
• ·AI total addressable market estimated at $300-400B by 2030.
• ·Net new large deals at 55% for FY26.

27-04-2026

The Board of Directors of Bondada Engineering Limited met on April 27, 2026, and approved the Audited Standalone and Consolidated Financial Results for Q4 FY 2025-26 and the full financial year ended March 31, 2026. The statutory auditors, M/s. Sreedar Mohan & Associates, issued an unmodified opinion on both standalone and consolidated results. The disclosures will be available on the company's website at www.bondada.net.

• ·Board meeting held from 06:30 PM to 08:45 PM at C-26, Kushaiguda Industrial Area, ECIL, Hyderabad, Telangana 500062.
• ·CIN: L28910TG2012PLC080018
• ·Scrip Code: 543971

27-04-2026

IDBI Bank Limited announced that a Board of Directors meeting will be held on April 30, 2026, to consider and approve the Audited Financial Results for the quarter and year ended March 31, 2026, in compliance with SEBI (LODR) Regulations. The Trading Window for dealing in the Bank's securities by designated persons and their immediate relatives will remain closed until May 02, 2026, per the Bank's Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations.

• ·Filing reference to Regulations 29 and 50 of SEBI (LODR) Regulations, 2015.
• ·Regd. Office: IDBI Tower, WTC Complex, Cuffe Parade, Mumbai - 400 005.
• ·CIN: L65190MH2004G01148838.

27-04-2026

Mangalore Refinery and Petrochemicals Limited (MRPL) discloses that the Board of Directors of its holding company ONGC has approved the formation of an Integrated Petrochemicals Marketing & Trading Joint Venture Company with shareholding ratios of 50:25:25 by ONGC, MRPL, and OPaL respectively. MRPL will contribute ₹12.5 Cr towards the equity share capital of the JV, subject to approval from the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Govt. of India. The JV aims to integrate petrochemicals marketing of group companies, achieve synergies to reduce costs and increase revenue through improved pricing, logistics, and production of speciality grades, and enable third-party sales.

• ·Shareholding ratio in JV: 50% ONGC, 25% MRPL, 25% OPaL
• ·Approval pending from Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Govt. of India
• ·Communication received from ONGC on 27/04/2026