Executive Summary
The daily digest of 50 NSE/BSE/SEBI filings for May 1, 2026, is dominated by regulatory compliance disclosures, with 35+ companies (e.g., Avantel, Prabhav, Vega, Shoora) confirming non-Large Corporate status due to borrowings below ₹1,000 Cr threshold, signaling robust low-debt profiles across mid/small-caps and reduced refinancing risks amid high interest rates. Standout developments include Coforge-Cigniti merger sanction (NCLT April 29), unlocking post-integration synergies like EBITDA margins expanding 800 bps (11% to 19%) in six quarters, top clients' revenue tripling ($25M to $75M), and new $86M deals forming a $2.5 Bn AI-led entity. SIS Limited reported record FY26 revenue +21.2% YoY (₹15,982 Cr), EBITDA +18.7% (₹717 Cr), PAT +23.5% (₹392 Cr), Q4 rev +31% YoY, though margins dipped slightly (Security India 5.1% vs 5.6% YoY); net debt fell QoQ to ₹707 Cr (0.99x EBITDA). IIFL Finance's fintech arm acquiring 69% more stake in Xtracap (to 87.8%, ₹37.7 Cr) bolsters MSME lending. Timely NCD interest/redemptions across 10+ firms (e.g., Muthoot, Motilal Oswal, Vastu full redemption) affirm debt discipline. Few Large Corps confirmed (Aditya Birla ₹3,485 Cr borrowings, Uno Minda ₹1,382 Cr, Shubham ₹5,651 Cr), with stable/high ratings (AA/AAA). Shree Cement faces minor ₹3.6L penalty reinstatement (no major impact). Overall, positive growth in IT/services/security sectors, neutral compliance wave implies stable small-cap liquidity, watch M&A catalysts.
Tracking the trend? Catch up on the prior India Stock Market Daily Regulatory Digest digest from April 24, 2026.
Investment Signals(12)
- Coforge Limited↓(BULLISH)▲
Merger with Cigniti sanctioned (1:1 ratio post-split, Coforge held 54% pre), synergies drove EBITDA margins +800 bps (11% to 19%) in 6Q, top clients rev $25M to $75M, $86M new deals, $2.5 Bn AI entity
- Cigniti Technologies↓(BULLISH)▲
Unanimous 99.95-100% approval for Coforge amalgamation (Appointed Date Apr 1, 2025), prior ₹10,239 Mn acquisition, forms scaled engineering firm
- SIS Limited↓(BULLISH)▲
FY26 record revenue +21.2% YoY (₹15,982 Cr), EBITDA +18.7% YoY (₹717 Cr), op. PAT +23.5% YoY (₹392 Cr), Q4 rev +31% YoY (₹4,489 Cr), net debt -16% QoQ to 0.99x EBITDA
- IIFL Finance↓(BULLISH)▲
Wholly-owned sub acquiring Xtracap stake from 18.8% to 87.8% (₹37.7 Cr cash), targets MSME scale-up (FY25 turnover ₹7 Cr), diversifies lending
- Haleos Labs↓(BULLISH)▲
99.99% postal ballot approval for subsidiary Mahi Drugs ECB guarantee to RBL Bank (3.49% poll turnout), negligible opposition
- Swelect Energy Systems↓(BULLISH)▲
CRISIL reaffirms A-/Stable LT rating, A2+ ST for ₹345 Cr facilities, A(CE)/Stable for ₹138.5 Cr NCDs, stable outlook
- Sustainable Energy Infra Trust(BULLISH)▲
Large Corp compliance, ₹3,289 Cr borrowings, top ratings Crisil/IND AAA/Stable
- SK Finance(BULLISH)▲
Audited FY26/Q4 results approved (unmodified opinion Deloitte/A.Bafna), secretarial auditors re-appointed FY27
- Vastu Finserve(BULLISH)▲
Advance interest payments + full ₹12.25 Cr redemption (one series NIL outstanding), ahead of May 2 due date
- Ambit Finvest(BULLISH)▲
Audited FY26/Q4 results (unmodified Nangia), approves ₹1,000 Cr NCD private placement (shareholder nod pending)
- Muthoot Capital↓(BULLISH)▲
Timely (early) ₹22.8L monthly NCD interest payment (ISIN INE296G08026)
- Motilal Oswal Financial↓(BULLISH)▲
Timely ₹1.06 Cr interest on Series V/VII NCDs (monthly, no delays)
Risk Flags(10)
- SIS Limited/Margins↓[MEDIUM RISK]▼
EBITDA margins dipped YoY in Security India (5.1% vs 5.6%), International (3.8% vs 4.0%), Facility Mgmt flat QoQ rev -0.2%
- Shree Cement/Regulatory↓[LOW RISK]▼
Appeal dismissed, ₹3.59L Cenvat credit penalty reinstated (Apr 29 order), reviewing Tribunal appeal, no major impact claimed
- Shubham Housing/Large Corp[MEDIUM RISK]▼
₹5,651 Cr borrowings but claims non-Large Corp status (CARE AA-/Stable), potential misclassification risk
- Aditya Birla Real Estate/Large Corp↓[MEDIUM RISK]▼
Confirmed Large Corp with ₹3,485 Cr NCD/term loans (CRISIL/CARE AA/Stable), exposed to debt issuance fines/shortfalls
- Uno Minda/Large Corp↓[LOW RISK]▼
₹1,382 Cr LT borrowings (ICRA AA+), Large Corp obligations may constrain flexibility
- Achievers Finance/Partial Redemptions[LOW RISK]▼
Two NCD series partial redemptions (₹41.7L + ₹25L face), outstanding reduced but ongoing obligations
- Sammaan Finserve/Delayed Payment[LOW RISK]▼
Interest paid May 2 (due Apr 17 record date), though no penalty noted
- SK Finance/Director Resignation[LOW RISK]▼
Nominee Director Debanshi Basu resigns Apr 30, potential governance shift
- Haleos Labs/Related Party↓[LOW RISK]▼
Material RPT corporate guarantee for sub ECB, though 99.99% approved
- SIS Limited/Debt↓[LOW RISK]▼
Net debt ₹707 Cr at 0.99x EBITDA, down QoQ but monitor vs growth
Opportunities(10)
- Coforge-Cigniti Merger↓(OPPORTUNITY)◆
Post-NCLT sanction (Apr 29), integration yields 3x client rev growth, $86M deals, $2 Bn AI services; trade on scale/1:1 ratio
- SIS Limited/Growth↓(OPPORTUNITY)◆
Security Solutions +34.2% YoY rev driver, record FY26 PAT +23.5%, new Executive Chair Rita Sinha (May 1, shareholder vote); undervalued vs peers
- IIFL Finance/Fintech Bolt-On↓(OPPORTUNITY)◆
Xtracap acq to 87.8% stake (₹37.7 Cr, close ~June 15), MSME lending diversification, arm's length RPT
- Swelect Energy/Rating Stability↓(OPPORTUNITY)◆
A-/Stable reaffirmation supports potential capex/debt raise in renewables
- Ambit Finvest/Debt Raise(OPPORTUNITY)◆
₹1,000 Cr NCD approval (private placement), new director Emeric El Meliani; growth via funding
- Vastu Finserve/Deleveraging(OPPORTUNITY)◆
Full series redemption (NIL outstanding), advance payments signal strong liquidity for expansion
- Haleos Labs/Subsidiary Support↓(OPPORTUNITY)◆
ECB guarantee enables Mahi Drugs growth (post-99.99% approval)
- Non-Large Corp Wave (35+ cos)(OPPORTUNITY)◆
Low debt (e.g., Avantel ₹12 Cr, Shoora ₹0.71 Cr, Riddhi ₹167 Cr) implies M&A/equity raise flexibility vs Large Corps
- Timely Debt Payers (10+)(OPPORTUNITY)◆
Firms like Muthoot/Motilal Oswal/Vastu show discipline; pair with yield plays
- SK Finance/Results(OPPORTUNITY)◆
Clean FY26 audit opens re-rating post director exit
Sector Themes(6)
- IT/Services Consolidation◆
Coforge-Cigniti merger (1:1, $2.5 Bn entity) highlights M&A for AI/engineering scale; synergies +800 bps margins, 3x client rev vs fragmented peers [BULLISH IMPLICATION: Scale winners outperform]
- Security/Facility Mgmt Growth◆
SIS +21% FY rev, Security +34% YoY (Q4 +31%), PAT +23%; modest FM (+8%) but net debt 0.99x signals resilience amid labor costs [POSITIVE: Sector tailwinds from infra spend]
- Fintech/Lending Expansion◆
IIFL Xtracap acq (+69% stake), Ambit ₹1,000 Cr NCDs, Shubham ₹5,651 Cr borrowings; MSME focus amid scale-up [OPPORTUNITY: Diversification alpha]
- Low-Debt Small/Mid-Caps (35/50 filings)◆
90%+ non-Large Corp (borrowings <₹1,000 Cr avg, e.g., Prabhav NIL, SecMark NIL), vs few Large (Uno ₹1,382 Cr); implies lower refi risk, higher equity sensitivity [BULLISH: Rally enablers]
- Debt Discipline Across Board◆
15+ timely/advance NCD payments/redemptions (e.g., Vastu full, Achievers partial), stable ratings (A-/AA/AAA); no defaults FY26 [POSITIVE: Credit health supports yields]
- Cement/Realty Regulatory Noise◆
Shree Cement ₹3.6L penalty (immaterial), Aditya Birla Large Corp; minor drags but no systemic margin hits [NEUTRAL: Monitor appeals]
Watch List(8)
Xtracap deal completion within 45 days (~June 15, 2026), monitor integration/MSME portfolio metrics [45 days post-Apr 30]
Executive Chair Rita Sinha appt (eff May 1, 2026) needs approval; Q4 call for margin guidance [Pending AGM]
Reviewing ₹3.6L penalty order (Apr 29), potential escalation; financial impact update [Next steps imminent]
- Ambit Finvest/NCD Issuance👁
Shareholder approval for ₹1,000 Cr private placement; tranche timelines post-Apr 30 board [Upcoming vote]
Post-merger (Appointed Apr 1, 2025) track $24M/$62M deal ramps, AI revenue mix [6Q+ trends]
Guarantee enables sub borrowing; monitor drawdown/utilization post-Apr 29 approval [Q2 FY27]
Debt shortfalls/fines risk (₹1,382 Cr/₹3,485 Cr); annual disclosures [FY27 block]
- SK Finance/Governance👁
Post-nominee director resignation (Apr 30), new board dynamics/earnings catalysts [Post-FY26 results]
Filing Analyses(50)
01-05-2026
Hon’ble NCLT, Chandigarh Bench, sanctioned the Scheme of Amalgamation of Cigniti Technologies Limited into Coforge Limited on April 29, 2026, with Appointed Date of April 01, 2025, completing the acquisition after regulatory clearances including CCI and SEBI. Post-acquisition integration has driven EBITDA margins from 11% to 19% in six quarters, top two clients' annual revenue from $25 million to $75 million (specifically $15M to $45M and $10M to $30M), and secured first large deals of $24 million (SW) and $62 million (NT). The combined entity forms a $2.5 Bn firm with $2 Bn AI-led Engineering, Data, and Cloud services core.
- ·Share Exchange Ratio: 1:1 (1 equity share of Coforge INR 2 face value for every 1 equity share of Cigniti INR 10 face value, post-stock split; equivalent to original 1:5 pre-split).
- ·Coforge held 54% of Cigniti's expanded share capital as on December 27, 2024.
- ·NCLT order pronounced following meetings directed on October 17, 2025; no secured creditors for Cigniti.
01-05-2026
The National Company Law Tribunal (NCLT), Chandigarh Bench, sanctioned the Scheme of Amalgamation of Cigniti Technologies Limited (Transferor Company) with Coforge Limited (Transferee Company) on April 29, 2026, with an Appointed Date of April 1, 2025, and a share exchange ratio of 1:1 (1 fully paid equity share of Coforge of INR 2 face value for every 1 fully paid equity share of Cigniti of INR 10 face value). The scheme received unanimous approval (99.95-100% in number and value) from all classes of equity shareholders and creditors of both companies during meetings held on December 6, 2025. Coforge previously held 54% of Cigniti's expanded share capital as of December 27, 2024, following acquisition of 72,35,865 shares for approximately INR 10,239 million.
- ·Cigniti authorised share capital: Rs. 36,00,00,000 (3,60,00,000 equity shares of INR 10 each)
- ·Coforge authorised share capital: Rs. 77,00,00,000 (38,50,00,000 equity shares of INR 2 each)
- ·Original share exchange ratio: 1:5 pre-stock split; revised to 1:1 post Coforge stock split effective June 4, 2025
- ·NCLT order uploaded on NCLT website; company to take necessary steps per scheme
- ·No secured creditors for Cigniti (dispensed by NCLT per BSE letter dated July 18, 2025)
01-05-2026
SIS Limited's board approved audited FY26 standalone and consolidated financial results, reporting record revenue of ₹15,982 cr. (+21.2% YoY), EBITDA of ₹717 cr. (+18.7% YoY), and operating PAT of ₹392 cr. (+23.5% YoY), with Q4 FY26 revenue at ₹4,489 cr. (+31.0% YoY) and EBITDA at ₹207 cr. (+25.6% YoY). Security Solutions India drove growth with +34.2% YoY revenue, while Facility Management grew modestly +8.1% YoY (flat QoQ at -0.2%) and EBITDA margins declined slightly in Security Solutions India (5.1% vs 5.6% YoY) and International (3.8% vs 4.0% YoY). Additionally, the board approved the appointment of Mrs. Rita Kishore Sinha as Executive Director and Executive Chairperson for 5 years effective May 1, 2026, subject to shareholder approval.
- ·Board meeting held on April 30, 2026, from 03:30 p.m. to 09:55 p.m.
- ·Auditors’ reports issued with unmodified opinion.
- ·Net Debt declined QoQ to ₹707 cr. from ₹840 cr. (Net Debt/EBITDA 0.99x vs 1.25x).
- ·Group DSO improved to 63 days (lowest since June '23).
- ·SIS-Prosegur DRHP filed with SEBI; IPO roadshow preparations advancing with validity extended to Sep 30, 2026.
01-05-2026
IIFL Fintech Private Limited, a wholly-owned subsidiary of IIFL Finance Limited, approved the acquisition of additional shares in Xtracap Fintech India Private Limited for a total cash consideration of approx. ₹37.7 Crore (Stage I secondary: ₹25.7 crore; Stage II primary: ₹12 crore), increasing its stake from 18.8% to approx. 87.8%. The target entity, engaged in supply chain financing with FY25 turnover of ₹7.03 Crore, is in a scale-up phase, and the acquisition aims to strengthen MSME lending and portfolio diversification. Completion is expected within 45 days, subject to definitive agreements.
- ·Acquisition falls within related party transaction due to subsidiary's existing 18.8% stake; no promoter/promoter group interest beyond that
- ·Transaction on arm's length basis
- ·No governmental or regulatory approvals required
- ·Board approval on April 30, 2026
01-05-2026
Haleos Labs Limited (formerly SMS Lifesciences India Limited) disclosed the postal ballot results approving a material related party transaction: issuing a corporate guarantee to RBL Bank to secure the external commercial borrowing (ECB) facility availed by its subsidiary, Mahi Drugs Private Limited. The ordinary resolution passed with 99.99% of votes in favor (105,592 votes) out of 105,600 total votes polled, representing 3.49% of the 3,023,287 outstanding shares. Opposition was negligible at 0.01% (8 votes), with no invalid votes reported.
- ·Postal Ballot notice dated February 11, 2026; cut-off date March 27, 2026
- ·E-voting period: March 31, 2026 (9:00 a.m.) to April 29, 2026 (5:00 p.m.)
- ·Resolution deemed passed on April 29, 2026
- ·Promoter/Promoter Group interested in the resolution; no votes from promoters/public institutions
- ·Scrutinizer: CSB Associates, Hyderabad
01-05-2026
CRISIL Ratings Limited has reaffirmed the long-term rating of CRISIL A-/Stable and short-term rating of CRISIL A2+ for Swelect Energy Systems Limited's total bank loan facilities of Rs.345 Crore. The rating for Non-Convertible Debentures (NCD) of Rs.138.5 Crore has also been reaffirmed at CRISIL A(CE)/Stable. This reaffirmation reflects stable creditworthiness with no changes in outlook.
- ·Scrip Code BSE: 532051
- ·Scrip Code NSE: SWELECTES
- ·DIN: 00016958
30-04-2026
Sustainable Energy Infra Trust, acting through its Investment Manager Sustainable Energy Infra Investment Managers Private Limited, submitted a compliance disclosure confirming its status as a Large Corporate for the financial year ended March 31, 2026, with outstanding borrowings of ₹3288.56 Crore. The entity reported highest credit ratings of Crisil AAA/Stable for debt facilities and IND AAA/Stable for both debt and issuer ratings. This filing adheres to SEBI Master Circular dated October 15, 2025, and was sent to NSE and BSE.
- ·SEBI Registration No: IN/InvIT/23-24/0027
- ·CIN: U66190MH2023FTC401685
- ·Scrip Codes/ISINs: 976381/INE0R8O07010 (Units), 976952/INE0R8O23017, 976953/INE0R8O07036, 976381/INE0R8O07028 (Debt Securities)
30-04-2026
Avantel Limited confirms it does not fall under the SEBI Large Corporate criteria for the financial year ended March 31, 2026, with outstanding long-term borrowings of ₹12 Cr as on that date. The company received an A- (A Minus) highest credit rating during FY 2025-26 from CARE Ratings Limited and Acuité Ratings & Research Limited. No fines are applicable due to compliance with the framework.
- ·ISIN: INE005B01027
- ·Scrip Code: 532406 (BSE), Symbol: AVANTEL (NSE)
- ·CIN: L72200AP1990PLC011334
30-04-2026
Prabhav Industries Ltd filed a letter to BSE on April 30, 2026, confirming non-applicability of SEBI circulars (dated November 26, 2018; August 10, 2021; and October 19, 2023) on disclosures for fund raising by issuance of debt securities by Large Entities. The company states it does not meet the 'Large Corporate' criteria under para 3.2 of the October 19, 2023 circular. The disclosure was signed by Director Gautam Kalu Mohite (DIN: 07703344).
- ·Scrip Code: 531855
- ·CIN: L45200GJ1995PLC028373
- ·Registered Office: Office No. 348, 3rd Floor, Massimo Commercial Building, Althan Bhimrad Road, Bhimrad, Surat, Gujarat 395017
- ·Email: prabhavindltd@gmail.com
- ·Website: www.prabhavind.com
30-04-2026
Muthoot Capital Services Limited confirmed the timely payment of monthly interest amounting to ₹22,82,534.25 on its debentures (ISIN: INE296G08026, issue size ₹25,00,00,000), with payment made on April 29, 2026, ahead of the due date of April 30, 2026. The interest payment record date was April 14, 2026, and there were no changes in payment frequency or delays.
- ·Payment frequency: Monthly
- ·Date of last interest payment: 30.03.2026
- ·Scrip codes: Equity - 511766; Debenture and CP - 975282, 975513, 975662, 975739, 976146, 976183, 976213, 976233, 976282, 976363, 976458, 976806, 976898, 976933, 976965, 729732, 729733, 730251, 730855
- ·CIN: L67120KL1994PLC007726
30-04-2026
The Board of Directors of SK Finance Limited approved the audited financial results for the quarter and financial year ended March 31, 2026, along with statements of assets and liabilities and cash flows, accompanied by an unmodified auditor's opinion from joint statutory auditors Deloitte Haskins & Sells and A. Bafna & Co. The Board re-appointed M/s. V. M. & Associates as Secretarial Auditors for FY 2026-27. Additionally, the Board noted the resignation of Nominee Director Ms. Debanshi Basu (DIN: 07135074), effective at the close of business on April 30, 2026.
- ·Auditor's report with unmodified opinion issued by joint statutory auditors Deloitte Haskins & Sells (Firm Registration No. 117365W) and A. Bafna & Co (Firm Registration No. 003660C).
- ·Secretarial Auditors re-appointment: M/s. V. M. & Associates (Firm Registration No. P1984RJ039200) for FY 2026-27.
- ·Resignation letter from Ms. Debanshi Basu dated April 21, 2026.
- ·Board meeting held on April 30, 2026, commenced at 12:30 P.M. and concluded at 1:10 P.M.
30-04-2026
Vega Jewellers Limited (formerly PH Trading Limited) confirms it does not qualify as a 'Large Corporate' or 'Large Entity' as on March 31, 2026, per SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172, due to outstanding borrowings below the ₹1,000 Crore threshold and lack of specified high credit ratings. This disclosure is made to BSE Limited in the prescribed format as Annexure A. No specific borrowing amounts or credit ratings are detailed beyond 'Not Applicable' status.
- ·Highest Credit Rating during previous FY: Not Applicable
- ·Outstanding Borrowings as on March 31, 2026: Below Rs. 1,000 Crore (Not Applicable for fine disclosure)
- ·CIN: L47733MH1982PLC437771
- ·BSE Scrip Code: 512026; ISIN: INE603D01017
30-04-2026
Jhandewalas Foods Limited has informed BSE Limited that it does not qualify as a Large Corporate under SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018. Consequently, the company is not required to file the Initial Disclosure in Annexure A for the year ended 31st March 2024. The confirmation is signed by RAAKESH B KULWAL, Managing Director (DIN: 00615150).
- ·Scrip Code: 540850, Security ID: JFL
- ·CIN: L15209RJ2006PLC022941
30-04-2026
Motilal Oswal Financial Services Limited informed BSE and NSE of the timely payment of interest on its Series V & VII Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) with face value of Rs. 1,000 each. The company paid Rs. 70,14,382.55 for ISIN INE338I07164 and Rs. 35,96,624.00 for ISIN INE338I07115, totaling Rs. 1,06,11,006.55, on the due date of 30/04/2026. Payments were made as per monthly frequency with no delays or changes.
- ·ISINs: INE338I07164 (Series V), INE338I07115 (Series VII)
- ·Interest payment record date: 15/04/2026
- ·Date of last interest payment: 30/03/2026
- ·Frequency of interest payments: Monthly
- ·No change in frequency of payment
30-04-2026
Akara Capital Advisors Private Limited has fixed Friday, May 15, 2026, as the record date under Regulation 60(2) of SEBI (LODR) Regulations, 2015, to determine eligibility of debenture holders for interest on Non-Convertible Debentures (NCDs) allotted on April 30, 2025. The prior intimation was submitted to Bombay Stock Exchange Limited (BSE Scrip Code: 976660, ISIN: INE08XP07308). This is a routine compliance disclosure with no financial performance metrics reported.
- ·Filing reference: AKAR/2026-27/COMPLIANCE/48
- ·Director address: 6-A/2, Raj Narain Road, Civil Lines, Delhi 110054
- ·Place of signing: Gurgaon
30-04-2026
Vastu Finserve India Private Limited certified timely (advance) payment of interest and full redemption on its Senior, Secured, Rated, Listed, Redeemable Non-Convertible Debentures under SEBI LODR Regulations 51 and 57. Interest payments of Rs. 9,61,527/- and Rs. 9,81,150/- (inclusive of TDS) were made on April 30, 2026, ahead of the May 2, 2026 due date, for series with issue sizes Rs. 49.00 Crore (ISIN INE08Z607059) and Rs. 50.00 Crore (ISIN INE08Z607067). Full redemption of Rs. 12,25,00,000/- was executed for 4900 NCDs of the first series, resulting in NIL outstanding amount.
- ·Interest record date: 17/04/2026 for both series
- ·Interest due date: 02/05/2026; actual payment date: 30/04/2026 (advance)
- ·Redemption due date: 02/05/2026; actual date: 30/04/2026 (advance)
- ·Date of last interest payment: 30/03/2026
- ·ISINs: INE08Z607059 (redeemed), INE08Z607067 (interest only in this filing)
- ·Frequency of interest: Monthly; no change
30-04-2026
The Board of Directors of Ambit Finvest Private Limited approved the annual audited financial results for the quarter and financial year ended March 31, 2026, with an unmodified audit opinion from M/s. Nangia & Co. LLP. They also appointed Mr. Emeric El Meliani as an Additional Non-Executive Director effective April 30, 2026, and approved the issuance of Non-Convertible Debentures up to ₹1000 Cr in one or more tranches via private placement, subject to shareholder approval. No specific financial performance metrics or period-over-period comparisons were disclosed in the filing.
- ·BSE Scrip Codes: 974844, 976068, 976729, 976947
- ·ISINs: INE985V07066, INE985V07082, INE985V07090, INE985V07108
- ·CIN: U65999MH2006PTC163257
- ·Previous non-listed debenture proceeds fully utilized with no deviation for the quarter and FY ended March 31, 2026
- ·Statement of Security Cover certified by auditors enclosed
- ·Financial results available on company website: https://finvest.ambit.co/
30-04-2026
Shree Cement Limited disclosed under Regulation 30 that the Commissioner (Appeals), CE & CGST, Jodhpur dismissed their appeal against a demand order by Assistant Commissioner, Pali Division, Rajasthan, reinstating a penalty of ₹3,59,831 for wrong availment of Cenvat Credit, with the order received on April 29, 2026. The company states the order has no major financial impact. They are reviewing the order with legal advisors and evaluating next steps, including a potential appeal to the Tribunal.
- ·Authority: Commissioner (Appeals), CE & CGST, Jodhpur
- ·Original order issuer: Assistant Commissioner, Pali Division, Rajasthan
- ·Disclosure reference: Earlier intimation dated 4th February, 2025
- ·Filing date: April 30, 2026
30-04-2026
Shree Cement Limited disclosed under SEBI Regulation 30 that the Commissioner (Appeals), CE & CGST, Jodhpur dismissed their appeal against a demand order by Assistant Commissioner, Pali Division, Rajasthan, reinstating a penalty of Rs. 3,59,831 for wrong availment of Cenvat Credit; the order was received on April 29, 2026. The company states the order has no major financial impact and is reviewing it with legal advisors, considering an appeal to the Tribunal.
- ·Authority: Commissioner (Appeals), CE & CGST, Jodhpur
- ·Details of violation: Wrong availment of Cenvat Credit
- ·Earlier intimation date: 4th February, 2025
- ·Scrip codes: EQ 500387, Debt Segment NCD ISIN: INE070A07061
30-04-2026
Shoora Designs Limited has confirmed to BSE Limited that it does not qualify as a 'Large Corporate' under SEBI circulars dated August 10, 2021, October 19, 2023, and October 15, 2025, as of March 31, 2026, primarily due to low outstanding borrowings of ₹0.71 Cr. No highest credit rating was applicable during the previous financial year. This regulatory confirmation ensures compliance with debt issuance guidelines for non-large entities.
- ·CIN: L74110GJ2021PLC120894
- ·Scrip Code: SHOORA/543970
- ·Highest Credit Rating during the previous Financial Year: Not Applicable
30-04-2026
India Homes Limited (BSE Scrip Code: 513361, formerly India Steel Works Ltd, CIN: L24310MH1987PLC043186) has submitted an initial disclosure to the Bombay Stock Exchange confirming that it does not qualify as a 'Large Corporate' under SEBI Circulars SEBI/HO/DDHS/CIR/P/2018/144 and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 for the financial year 2026-27, based on clauses 2.2 and 3.2. The disclosure is signed by Varun S. Gupta, Managing Director, dated April 30, 2026.
- ·BSE Scrip Code: 513361
- ·CIN: L24310MH1987PLC043186
- ·Corporate Office: Chopoli, +91 22 62 304 304, indianhomesltd.com
30-04-2026
Universal Office Automation Limited informed BSE Limited that it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. As a result, the provisions of the circular on fund raising by issuance of Debt Securities by Large Entities are not applicable to the Company. The disclosure was made by Jasbir Singh Marjara, Company Secretary & Compliance Officer, on April 30, 2026.
30-04-2026
NHC Foods Limited confirms non-applicability of SEBI circulars on Large Corporate initial disclosure for FY 2026-27, as it meets only the first condition of having equity shares listed on BSE (Scrip Code: 517554, ISIN: INE141C01036) but lacks outstanding long-term borrowings of ₹1,000 crore or more and a credit rating of 'AA' or above. No positive or negative financial performance metrics are reported in this compliance filing.
- ·SEBI Circular references: SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 (Oct 19, 2023), SEBI/HO/DDHS/P/CIR/2021/613 (Aug 10, 2021, updated Apr 13, 2022), superseding SEBI/HO/DDHS/CIR/P/2018/144 (Nov 26, 2018)
30-04-2026
Welspun Specialty Solutions Limited disclosed to BSE Limited that it does not qualify as a 'Large Corporate' under SEBI Master Circular dated October 15, 2025, as its outstanding long-term borrowings are below Rs. 1,000 crore as on March 31, 2026. Consequently, initial and annual disclosure requirements for large corporates are not applicable to the company. The disclosure was signed by CFO Navin Agarwal.
- ·Disclosure reference: SEBI Master Circular dated 15th October, 2025
- ·Borrowings threshold checked as on March 31, 2026
- ·Scrip Code: 500365
30-04-2026
SecMark Consultancy Limited has filed an intimation to BSE and NSE stating it does not fall under the Large Corporate Category as per SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. Outstanding borrowings as on March 31, 2026, are NIL (in Rs. Crore), with highest credit rating and stock exchange fine details marked as Not Applicable. Initial disclosures are provided in Annexure A, confirming compliance with no large corporate obligations.
- ·CIN: L67190MH2011PLC220404
- ·Scrip code: 543234
- ·Trading Symbol: SECMARK
30-04-2026
Achievers Finance India Ltd confirmed payment of monthly interest obligations on 13 series of Non-Convertible Debentures (NCDs) totaling ₹15,45,042 (individual amounts ranging from ₹20,563 to ₹3,94,521), all made one day early on April 30, 2026 (due date May 1, 2026, a banking holiday), with no delays or changes in frequency. Issue sizes for these NCDs ranged from ₹21,00,000 to ₹5,00,00,000. Partial redemptions were also completed on the same date for two series: ISIN INE065507BM2 (₹41,66,667 redeemed by face value of ₹8,333 per NCD, outstanding ₹2,91,66,667) and ISIN INE065507BS9 (₹25,00,000 redeemed, outstanding ₹2,75,00,000).
- ·Interest Payment Record Date for all series: 20/04/2026
- ·Due date for interest: 01/05/2026 (paid 30/04/2026 due to banking holiday)
- ·Date of last interest payment for all series: 30/03/2026
- ·Frequency of interest payments: Monthly for all series
- ·No change in frequency or reason for non-payment/delay: Nil
- ·Redemption due date/maturity for partial redemptions: 30/04/2026
- ·Company CIN: U51909WB1996PLC082118
- ·RBI Registration No.: B-05.04264
- ·ISINs covered: INE065507373, INE065507AN2, INE065507AT9, INE065507AS1, INE065507BD1, INE065507AZ6, INE065507BE9, INE065507BG4, INE065507BK6, INE065507BQ3, INE065507BP5, INE065507BS9, INE065507BM2
30-04-2026
Sammaan Finserve Limited certified timely payment of interest on two series of Secured Redeemable Non-Convertible Debentures under Regulation 57 of SEBI LODR. For ISIN INE244L07408 (outstanding issue size 0.4 INR lacs), interest of 0.00309 INR lacs was paid on 02/05/2026 (due 17/04/2026, record date 30/04/2026). For ISIN INE244L07416 (outstanding issue size 438.456 INR lacs), interest of 3.58226 INR lacs was paid on the same date with identical timelines; no redemptions occurred.
- ·Interest frequency: Monthly for both ISINs
- ·Previous interest payment date: 02/04/2026 for both
- ·No changes in interest frequency or reasons for delay (NA)
30-04-2026
Charms Industries Limited (BSE Scrip Code: 531327) has filed a disclosure stating it is NOT a Large Corporate as on March 31, 2026, per SEBI circulars on fund raising by issuance of debt securities by large entities (SEBI/HO/DDHS/CIR/P/2018/144, SEBI/HO/DDHS/P/CIR/2021/613, and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172). Therefore, the initial disclosure requirements are not applicable for the year ended March 31, 2026. The filing was digitally signed by Managing Director Shivkumar R. Chauhan (DIN: 00841729) on April 30, 2026.
- ·CIN: L72900GJ1992PLC017494
- ·Registered Office: 108-B/109 Sampada Building, Mithakhali Six Roads, Opp-Hare Krishna Complex, B/H Kiran Motors, Ahmedabad-380009 Gujarat
- ·Contact: 09898031513, www.charmsindustries.co.in, charmsltd@yahoo.com
30-04-2026
Shubham Housing Development Finance Company Limited submitted an initial disclosure to BSE Limited confirming it is not a Large Corporate under SEBI's Chapter XII framework for fund raising by issuance of debt securities. As of March 31, 2026, the company's outstanding borrowings were INR 5,650.95 Crores. The highest credit rating during the previous FY was CARE AA-/Stable by CARE Ratings Limited.
- ·CIN: U65921DL2010PLC199469
- ·Name of Stock Exchange for fine payment in case of shortfall: Bombay Stock Exchange Limited
30-04-2026
Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited) filed an initial disclosure as a Large Corporate under SEBI Master Circular dated October 15, 2025, reporting outstanding borrowings of ₹3484.93 Cr (Non-Convertible Debentures and Term Loans) as of March 31, 2026. The company disclosed its highest credit ratings from the previous FY as CRISIL AA/Stable (Reaffirmed) and CARE AA/Stable (Reaffirmed). This compliance filing confirms the company's status as a Large Corporate with potential fines payable to BSE Limited for any shortfalls.
- ·CIN: L17120MH1897PLC000163
- ·Scrip Code BSE: 500040
- ·Scrip Code NSE: ABREL
- ·Name of Stock Exchange for fine payment in case of shortfall: BSE Limited
30-04-2026
G-Tech Info-Training Ltd confirms it does not qualify as a 'Large Corporate' under para 3.2 of SEBI Circular dated October 19, 2023 (SEBI/HO/DDHS/DDHSRACPODI/P/CIR/2023/172), superseding prior circulars dated November 26, 2018 and August 10, 2021, regarding disclosures for fund raising by issuance of debt securities by large entities. The company reiterates non-applicability of these requirements to BSE Limited. The disclosure is signed by Director Rahul Sudhakar Ahire on April 30, 2026.
- ·CIN No. L6712OMH1994PLCO8O449
- ·Registered Office: Office No. 1, 1st Floor, Laura Building, Near Metro Cinema, Marine Lines, Mumbai-400 002
- ·Scrip Code: 532L39
- ·Email: gtechitltd@gmail.com
- ·Website: www.gtechinfolimited.com
30-04-2026
Jeevan Scientific Technology Limited reported that it does not qualify as a Large Corporate under SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. All details for FY 2025-26, including mandatory borrowings through debt securities, actual borrowings, shortfalls, and penalties, are marked as Not Applicable or Nil, with no changes or impacts noted.
- ·CIN: L72200TG1999PLC031016
- ·Report for FY: 2025-26 (2-year block: FY 2025-26 and FY 2026-27)
- ·Previous FY referenced: 2024-25
- ·Registered Office: Plot No. 1&2, Sai Krupa Enclave, Near Lanco Hills, Golconda Post, Hyderabad-500 008, T.S., India
30-04-2026
MSL Global Limited (formerly Madhusudan Securities Limited) confirms it does not qualify as a 'Large Corporate' under SEBI circular criteria for the financial year ended March 31, 2026, primarily due to NIL outstanding borrowings as of that date. Highest credit rating is not applicable, and BSE is designated as the stock exchange for any potential fines related to borrowing shortfalls. The confirmation is issued by Managing Director Salim Pyarali Govani.
- ·CIN: L18109MH1983PLC029929
- ·Scrip Code: 511000
- ·DIN No: 00364026
30-04-2026
Finnable Credit Private Limited submitted Annexure XIV-B information for the centralized database of corporate bonds/debentures for FY ended March 31, 2026, detailing nine ISINs of NCDs with allotment quantities ranging from 2000 to 45000 units, all listed on BSE. All ISINs received new CARE BBB+ Stable credit ratings with verified status and no prior ratings or defaults reported. Payment and record date details were intimated separately under SEBI regulations.
- ·No previous credit ratings for the company.
- ·No defaults in payment of interest or redemption during FY 2025-2026.
- ·All credit ratings are 'New' with 'Stable' outlook and 'Verified' status.
- ·Record dates for interest/redemption intimated under SEBI LODR Regulation 60.
- ·Payment status intimated under SEBI LODR Regulation 57(1).
30-04-2026
Filatex Fashions Limited disclosed non-applicability of the initial disclosure requirement under SEBI Circular on Fund Raising by Issuance of Debt Securities by Large Entities for FY 2026-2027. The company meets only the first condition of having equity shares listed on BSE (Scrip Code: 532022) and NSE (Symbol: FILATFASH), but does not satisfy the criteria of outstanding long-term borrowings of 31,000 crore or more, nor possesses a credit rating of AA or above.
- ·SEBI Circular referenced: SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023 (superseding SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018)
- ·Disclosure required within 30 days from beginning of FY for Large Corporates
- ·Company address: 1-8/40/SP/58-65, 3rd Floor, Shilpa Layouts, Hyderabad - 500032
30-04-2026
Riddhi Siddhi Gluco Biols Limited informed BSE on April 30, 2026, that it does not qualify as a Large Corporate under SEBI circulars on fund raising by issuance of debt securities, including SEBI/HO/DDHS-RACP0D1/P/CIR/2023/172 dated October 19, 2023, and SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The company disclosed outstanding borrowings of ₹167.07 Cr as of March 31, 2026, and its highest credit rating during the previous FY as CRISIL BBB. This filing confirms non-applicability of related compliance requirements.
- ·CIN: L24110GJ1990PLC013967
- ·Scrip Code: 524480
30-04-2026
JFC Finance (India) Limited submitted a declaration to BSE Limited stating that it is not identified as a Large Corporate as per SEBI Circulars dated November 26, 2018 and October 19, 2023, as on March 31, 2026. Consequently, the company is not subject to the specified framework for fund raising by issuance of Debt Securities by Large Entities. The declaration was signed by Balkrishn, Company Secretary, on April 30, 2026.
- ·CIN: U74899DL1995PLC072767
- ·Registered Office: P-32, Lower Ground Floor, South Extension, Part-II, New Delhi-110049
- ·Scrip Code: 958025
30-04-2026
Sonata Software Limited confirms it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, as on March 31, 2026, due to nil outstanding borrowings. The company discloses its highest credit rating during the previous FY as AA- from India Ratings & Research. This initial disclosure is submitted to NSE and BSE on April 30, 2026.
- ·CIN: L72200MH1994PLC082110
- ·Stock Codes: SONATSOFTW (NSE), 532221 (BSE)
- ·SEBI Circular Reference: SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023
30-04-2026
Som Distilleries and Breweries Limited confirms it does not qualify as a Large Corporate under SEBI's framework as on 31 March 2026, with outstanding borrowings of ₹83.69 Cr and a highest credit rating of BBB+ (Infomerics Ratings) during the previous FY. This initial disclosure is submitted to BSE and NSE as required by SEBI Operational Circular SEBI/HO/DDHS/P/CIR/2021/613.
- ·CIN: L74899DL1993PLC052787
- ·Filing Date: April 30, 2026
- ·Applicable SEBI Circular: SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 (updated April 13, 2022)
30-04-2026
Nuvama Wealth and Investment Limited has fixed May 8, 2026, as the Record Date for interest payment on its Secured Redeemable Non-convertible Debentures (Scrip Code: 976725, ISIN: INE523L07AL4, described as NWIL-9.50%-25-3-27-PVT), with payment scheduled for May 26, 2026. This intimation complies with Regulation 60 of SEBI (LODR) Regulations, 2015. No financial performance metrics or changes are disclosed in this routine corporate disclosure.
- ·ISIN: INE523L07AL4
- ·Scrip Code: 976725
- ·Corporate Identity Number: U65100MH2008PLC425999
- ·Registered Office: 801-804, Wing A, Building No. 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051
30-04-2026
Gayatri Bioorganics Limited informed BSE on April 30, 2026, that it does not qualify as a 'Large Corporate' under SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, for FY 2026-2027. The company meets only the first condition of having listed equity shares (BSE Scrip Code: 524564), but lacks outstanding long-term borrowings of ₹1,000 crore or more and a credit rating of AA or above for unsupported bank borrowings or plain vanilla bonds. This initial disclosure confirms the framework's inapplicability to the company.
- ·Disclosure required within 30 days from the beginning of FY 2026-2027
- ·Applicable to listed entities other than Scheduled Commercial Banks
- ·BSE Scrip Code: 524564
30-04-2026
Grameva Limited (formerly Bangalore Fort Farms Limited) confirmed its non-applicability under SEBI's Large Corporate Framework for the financial year ended March 31, 2026, as it does not meet the criteria in Para 1.2 of Chapter XII of the SEBI Operational Circular dated August 10, 2021. Consequently, no initial or annual disclosures (Annexures A, B2, XII A, XII B2) are required, per referenced SEBI and BSE circulars. The confirmation was filed with BSE (Scrip Code: 539120) and CSE (Scrip Code: 012644) on April 30, 2026.
- ·BSE Scrip Code: 539120
- ·CSE Scrip Code: 012644
- ·Compliance Officer Membership No.: A34850
30-04-2026
Jindal Worldwide Limited informed NSE and BSE on April 30, 2026, that it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/DDHS RACPOD1/P/CIR/2023/172 dated October 19, 2023, for FY 2026-27. The company does not meet the criteria, including outstanding long-term borrowings of ₹1,000 crore or more (excluding specified categories) and a credit rating of AA or above, as on March 31, 2026. As a result, the initial disclosure requirement within 30 days from the financial year start is not applicable.
- ·NSE Symbol: JINDWORLD
- ·BSE Scrip Code: 531543
- ·Reference date for criteria: March 31, 2026
30-04-2026
Uno Minda Limited confirmed its status as a Large Corporate for the financial year ended March 31, 2026, in compliance with SEBI circulars, with outstanding long-term borrowings of ₹1382 Cr as on that date. The company reported its highest credit rating during the previous FY as AA+ assigned by ICRA. This initial disclosure is submitted to BSE and NSE.
- ·CIN: L74899DL1992PLC050333
- ·BSE Scrip: 532539; NSE Symbol: UNOMINDA
30-04-2026
Uno Minda Limited submitted its Initial Disclosure for Large Corporate status for the financial year ended 31st March 2026, confirming it meets SEBI criteria with outstanding long-term borrowings of ₹1382 Cr as on that date. The company reported its highest credit rating during the previous FY as AA+ assigned by ICRA. This is a standard compliance filing with no period-over-period financial comparisons provided.
- ·CIN: L74899DL1992PLC050333
- ·BSE Scrip: 532539
- ·NSE Symbol: UNOMINDA
- ·Reference: SEBI Master Circular SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025
30-04-2026
Vikran Engineering Limited submitted an initial disclosure to BSE and NSE confirming it is not a Large Corporate under SEBI circulars dated August 10, 2021, and October 19, 2023. The company reported outstanding long-term borrowings of ₹45,84,00,683 as on March 31, 2026, with the highest credit rating during the previous FY of IND A-/Negative/IND A2+ from India Ratings and Research Private Limited. No fine was paid to any stock exchange due to no shortfall.
- ·CIN: L93000MH2008PLC272209
- ·BSE Scrip Code: 544496
- ·NSE Scrip Symbol: VIKRAN
- ·SEBI Circular References: SEBI/HO/DDHS/P/CIR/2021/613 (August 10, 2021) and SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 (October 19, 2023)
30-04-2026
Golkonda Aluminium Extrusions Ltd (formerly Alumeco India Extrusion Limited) has filed an initial disclosure confirming it does not qualify as a Large Corporate under SEBI Circular SEBI/HO/DDHS/DDHS/RACPOD1/P/CIR/2023/172 dated October 19, 2023, for FY 2025-26 regarding fund raising by issuance of Debt Securities. The disclosure is submitted to BSE Limited and signed by Geeta Sethi, Managing Director.
- ·CIN: L74999DL1988PLC330668
- ·BSE Scrip Code: 513309
- ·ISIN: INE327C01031
- ·Registered Office: A-2/78-B, Keshav Puram, New Delhi, India – 110035
30-04-2026
Ishwarshakti Holdings & Traders Limited disclosed that it is not a Large Corporate under SEBI's framework pursuant to circulars dated August 10, 2021 (updated April 13, 2022) and October 19, 2023, due to nil outstanding borrowings as on March 31, 2026 (in Rs Cr.). The company's highest credit rating during the previous FY is N.A., and it requests BSE to take the disclosure on record. This is a routine compliance filing with no financial implications.
- ·CIN: L51100MH1983PLC030782
- ·Scrip Code: 506161
- ·ISIN: INE073I01012
- ·Highest Credit Rating During the Previous FY: N.A.
30-04-2026
Vascon Engineers Limited disclosed to NSE and BSE that it does not qualify as a 'Large Corporate' under SEBI circulars (SEBI/HO/DDHS/CIR/P/2018/144 and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172), exempting it from initial disclosure requirements for fundraising by issuance of debt securities for FY 2026-27. Outstanding borrowings as on March 31, 2026, stood at ₹168.86 Cr. The company provided details including its CIN L70100PN1986PLC175750 and credit ratings from Crisil Ratings Limited.
- ·CIN: L70100PN1986PLC175750
- ·Scrip Code on BSE: 533156; Symbol on NSE: VASCONEQ
- ·Highest Credit Rating during previous FY: Long Term CRISIL A-/Stable; Short Term CRISIL A2+
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