India NCLT Insolvency Resolution Filings — April 24, 2026

24-04-2026

The National Company Law Tribunal (Chandigarh Bench) approved the Resolution Plan for Winsome Yarns Limited on April 16, 2026, with Mohini Health & Hygiene Limited (or its SPV) as the Resolution Applicant infusing approximately ₹162.9 Crore total, including ₹137 Crore to secured financial creditors, ₹2.5 Crore for CIRP costs, and ₹20 Crore for overhaulment/working capital, allowing the company to continue as a going concern with assets freed from encumbrances. However, pre-CIRP net worth was deeply negative at ₹(40,897.33) Lakh (FY 2022-23), existing shareholders face severe dilution with their stake reduced to 5% (from prior promoter 38.67% and public 61.33%) via write-down and no payouts due to insufficient liquidation value, while the RA takes 95%. Listing on NSE and BSE to continue post capital adjustment.

• ·NCLT Order dated April 16, 2026; disclosure filed April 24, 2026.
• ·Registered office vacated December 30, 2024; now at B-58, Ind. Area, Phase-7, Mohali, Punjab-160055.
• ·Works location: Village Kurawala, Barwala Road, Derabassi-140507, Distt. Mohali (Pb.).
• ·All pre-CIRP liabilities extinguished; no other material liabilities imposed.
• ·Resolution Applicant rated BBB-; funded from internal funds and equity/debt.
• ·Listing and trading on NSE (Symbol: WINSOME) and BSE (Script Code: 514348) to continue post-adjustment.

24-04-2026

Kansai Nerolac Paints Limited disclosed an appellate order from the Commissioner (Appeals), CGST & CX Appeal, Allahabad, confirming a penalty of ₹29,26,459 on partial disallowance of Input Tax Credit claimed during FY 2020-2021 for Uttar Pradesh. The company plans to appeal further to the GST Tribunal. No material impact on financials, operations, or other activities was reported.

• ·Order received on 23rd April, 2026
• ·Authority: Commissioner (Appeals), CGST & CX Appeal, Allahabad
• ·Pertains to State of Uttar Pradesh
• ·Pursuant to Regulation 30 of SEBI LODR and relevant circulars

24-04-2026

Infosys Limited submitted the auditors' report from Deloitte Haskins & Sells LLP on its standalone financial statements for the quarter and year ended March 31, 2026, following the Board Meeting on April 23, 2026, with an unqualified opinion stating a true and fair view in conformity with Ind AS. Key audit matters include revenue recognition complexities in customer contracts involving distinct performance obligations, principal vs. agent determinations, and estimates for fixed-price contracts using percentage of completion. The report lists 34 subsidiaries, noting liquidations of entities like Skava Systems Private Limited (effective November 14, 2024) and Infosys Americas Inc. (effective July 14, 2023), with others under liquidation.

• ·Auditor's report confirms no material misstatements and adequate internal financial controls.
• ·Key audit matter: Estimation of total efforts/costs for fixed-price contracts involves high judgment and uncertainty.
• ·Infosys Consulting S.R.L (Argentina) became majority owned subsidiary of Infosys Nova Holdings LLC effective January 28, 2026.
• ·Subsidiaries under liquidation: Infosys Arabia Limited, Brilliant Basics Holdings Limited.

24-04-2026

Baron Infotech Limited, under Corporate Insolvency Resolution Process (CIRP), held its 23rd Committee of Creditors (CoC) meeting on April 23, 2026, discussing agenda items and adjourning to April 25, 2026, at 6:00 PM for further deliberations and approval of a resolution plan, with the meeting concluding at 9:05 PM IST. This post facto disclosure complies with SEBI LODR Regulations. No financial outcomes or approvals were finalized in the meeting.

• ·CIN: L72200TG1996PLC025855
• ·Script Code: 532336
• ·RP Office Address: Flat No. 113, Block - B, Sri Datta Sai Commercial Complex, Opp: Sapthagiri theatre, RTC 'X' Roads, Beside Metro Stn Gate, A Pillar No 1096/1097, Hyderabad - 500 020
• ·RP Contact: Phone No: 040-27623101; Mail Id: ip.baroninfotech@gmail.com

24-04-2026

YES Bank reported FY26 net profit of INR 3,476 crores, up 44.5% YoY from INR 2,406 crores, with Q4FY26 net profit at INR 1,068 crores, up 44.7% YoY from INR 738 crores. The bank achieved FY26 NII of INR 9,776 crores (up 9.3% YoY), non-interest income of INR 6,759 crores (up 15.4% YoY), NIM of 2.7% (up 20 bps YoY), advances of INR 2.73 lakh crores (up 11.1% YoY), deposits of INR 3.18 lakh crores (up 12.1% YoY), and CASA ratio of 35.1% (up 80 bps YoY). Asset quality strengthened with GNPA at 1.3% and NNPA at 0.2% (lowest in 24 quarters), PCR at 81.9%, and credit costs at 0.2%.

• ·Cost-to-Income Ratio improved to 66.7% in FY26 from 71.3% in FY25; Q4FY26 at 63%.
• ·Gross NPA 1.3%, Net NPA 0.2% (lowest in 24 quarters), PCR 81.9%.
• ·RIDF and mandated deposits reduced to 6% of total assets from 9% in FY25.
• ·Retail slippage exit rate at 2.8% in Q4FY26.
• ·100% PSL compliance for second straight year.
• ·Non-interest Income to Average Assets Ratio increased to 1.5% from 1.1% in FY23.

24-04-2026

Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) allotted 1,85,310 fully paid-up equity shares of face value INR 2/- each to eligible employees upon exercise of equivalent ESOPs under the Indiabulls Housing Finance Limited Employees Stock Option Scheme – 2013, approved by the Nomination & Remuneration Committee on April 24, 2026. This resulted in cash proceeds of INR 2,31,68,066.50 to the company and increased the total paid-up equity share capital to INR 231,97,30,788.71, comprising 115,88,55,968 fully paid-up shares (ISIN: INE148I01020) and 30,13,213 partly paid-up shares (INR 0.67 paid-up, ISIN: IN9148I01010). No negative financial impacts or declines reported.

• ·Distinctive numbers of allotted shares: From 1161683872 to 1161869181
• ·No lock-in period on allotted shares; rank pari-passu with existing fully paid-up equity shares
• ·Disclosure compliant with SEBI (LODR) Reg 30 and SEBI (Share Based Employee Benefits) Reg 10(c)

24-04-2026

Maruti Suzuki India Limited provided an update under Regulation 30 of SEBI (LODR) Regulations 2015 regarding an ongoing matter before the Competition Commission of India (CCI), following a prior disclosure on 25th March 2026. The hearing took place on 24th April 2026, where arguments on behalf of the company were concluded. The matter has been adjourned to 11th May 2026 for arguments by CCI.

• ·Filing reference to prior disclosure dated 25th March 2026.
• ·Registered office: 1, Nelson Mandela Road, Vasant Kunj, New Delhi - 110070.
• ·CIN: L34103DL1981PLC011375

24-04-2026

Equity shareholders of Veranda Learning Solutions Limited overwhelmingly approved the Composite Scheme of Arrangement, involving the company as amalgamated and demerged entity, Veranda XL Learning Solutions Private Limited as amalgamating company, and J.K. Shah Commerce Education Limited as resulting company, with 100% of polled votes (63,711,032 out of 96,169,635 outstanding shares, representing 66.2486% turnout) in favor and only 2 votes against. The court-convened meeting was held on April 24, 2026, pursuant to NCLT Chennai Bench order dated March 18, 2026. Voting results were certified by scrutinizer Ms. Vinita Varshini.

• ·Record date for voting: April 17, 2026.
• ·Remote e-voting period: April 20-23, 2026.
• ·Meeting duration: 11:00 AM to 11:30 AM IST on April 24, 2026 via VC/OAVM.
• ·No proxies or postal ballots used.
• ·NCLT Observation Letters from BSE (Jan 19, 2026) and NSE (Jan 20, 2026).

24-04-2026

Jatalia Global Ventures Limited (CIN: L74110DL1987PLC350280), under Corporate Insolvency Resolution Process (CIRP) since the NCLT New Delhi Bench order dated 07.03.2024 in CP (IB) No. 263/ND/2023 filed by Global Ventures Limited, has provided prior intimation to BSE Limited of its 24th Committee of Creditors (COC) meeting. The meeting is scheduled for Monday, April 27, 2026, at 10:00 AM at MNK House, 9A/9-10, Basement East Patel Nagar, New Delhi-110008. This disclosure complies with Regulation 30 of SEBI (LODR) Regulations, 2015.

• ·Resolution Professional IBBI Registration: IBBI/IPA-002/IP-N00076/2017-18/10207 (valid up to 31.12.2026).
• ·RP Contact: +91-9818156340; nazim@mnkassociates.com; cirp.jataliaventures@outlook.com.
• ·Registered & Corporate Office: 500, 5th floor, ITL Twin Tower, Netaji Subhash Place, Delhi-110034. Tel: +91-11-40424242.

24-04-2026

Reliance Industries Limited's Board of Directors approved the audited consolidated and standalone financial statements and financial results for the quarter and financial year ended March 31, 2026. The Board recommended a dividend of ₹6.00 per equity share of ₹10 each, subject to shareholder approval. Auditors' reports were issued with unmodified opinions, and the AGM date will be announced later.

• ·Board meeting commenced at 5:30 p.m. IST and discussions on financial results concluded at 7:11 p.m. IST; meeting continued for other agenda items.
• ·Disclosure under Regulation 30 and other provisions of SEBI Listing Regulations.

24-04-2026

Equity shareholders of TVS Holdings Limited (formerly Sundaram-Clayton Limited) approved the Scheme of Arrangement between the company and its shareholders under Sections 230-232 of the Companies Act, 2013, in an NCLT Chennai Bench-convened meeting on April 24, 2026. The special resolution passed overwhelmingly with 99.9977% of votes in favor (17,722,784 votes) out of 87.5994% of total shares polled (17,723,194 votes), with only 410 votes against. Promoter and promoter group voted 100% in favor on 98.5210% polled shares, public institutions 100% in favor on 92.4679% polled, and public non-institutions 99.9080% in favor on 17.5844% polled.

• ·Record date for voting: 18-Apr-2026
• ·Meeting held via Video Conferencing/Other Audio-Visual Means on 24-Apr-2026 at 11:00 a.m. IST
• ·Promoter and Promoter Group shares held: 15,063,398
• ·Public Institutions shares held: 2,635,687
• ·Public Non-Institutions shares held: 2,533,019
• ·Remote e-voting period: 15-Apr-2026 9:00 a.m. to 23-Apr-2026 5:00 p.m. IST

24-04-2026

Tanla Platforms Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with unmodified auditor opinions; Group's share from 11 audited subsidiaries, branch, and trust showed net profit after tax of Rs.19,644.03 Lakhs and revenue of Rs.1,56,801.32 Lakhs. However, two unaudited subsidiaries reported a net loss of Rs.69.66 Lakhs (deemed not material by auditors), and several step-down subsidiaries were struck off during the year. The Board also declared a 2nd interim dividend of ₹6 per equity share (600% on ₹1 face value), with record date April 30, 2026.

• ·Auditor’s Reports with unmodified opinions on standalone and consolidated financial results
• ·Some wholly owned step-down subsidiaries struck off during FY26: Ontime Communications LLP, Supertech Communications LLP, Instacamp Marketing Private Limited
• ·Gamooga Softtech Private Limited merged with Karix Mobile Private Limited w.e.f. November 25, 2025
• ·Board meeting held from 2:30 PM to 6:15 PM IST on April 24, 2026
• ·Unaudited financial information of two subsidiaries not material to the Group

24-04-2026

On April 24, 2026, LIC Housing Finance Limited announced the appointment of four new Senior Management Personnel, approved by the Board via circular resolution on the recommendation of the Nomination and Remuneration Committee: Ms. Taruna Malick as General Manager (Marketing-Retail, Lead Management and PR & Publicity), Mr. Vikas Chaturvedi as General Manager (HR, Staff Discipline and Legal), Mr. Sudipto Sil as General Manager (Project Finance - Marketing), and Ms. Aruna H Doke as Joint General Manager (Audit). The appointees bring extensive experience from LIC and internal roles, with highlights including Sudipto Sil's past achievements in disbursements of Rs 3500cr in retail and sourcing over Rs 2000 cr on the wholesale side. No financial performance metrics, declines, or operational impacts were disclosed.

• ·All appointments effective April 24, 2026.
• ·Ms. Taruna Malick has over 30 years at LIC with experience in insurance operations, HR, and marketing.
• ·Mr. Vikas Chaturvedi joined LIC in 1997 with experience in administrative, marketing, and investments.
• ·Mr. Sudipto Sil has 29 years at LICHFL, including ECB USD 200 mn and QIP USD 135 mn.
• ·Ms. Aruna H Doke has 26 years at LICHFL in IT, leading SAP/ORION implementation and digital platforms.

24-04-2026

Mahindra & Mahindra Ltd. announced the appointment of Ms. Shuchi Suri as Executive Vice President - Mahindra Experiences, effective May 14, 2026, making her part of the Senior Management Personnel. She will drive strategic focus on world-class experiences across Mahindra Adventure in the Auto business and Experiences at Mahindra Holidays, reporting to Dr. Anish Shah. Shuchi joins with over 22 years of global experience from Unilever, most recently as Global Vice President for Homecare.

• ·Intimation under Regulation 30 read with Schedule III of SEBI Listing Regulations
• ·Expertise in Brand Strategy, Consumer Segmentation, Portfolio Transformation, Premium Innovation, Digital First & Partnerships based Marketing
• ·Education: Triple gold medallist from School of Planning and Architecture (SPA) and MBA from IIM Lucknow
• ·Filing date: April 24, 2026

24-04-2026

Larsen & Toubro Limited (L&T) has entered the B2B industrial electronics segment with the launch of L&T Electronic Products & Systems (LTEPS), commencing manufacturing at its Coimbatore campus in Tamil Nadu, with headquarters in Bengaluru. Initially, two manufacturing lines have been commissioned to provide electronics manufacturing services to Indian and global clients, focusing on domains like power electronics, mobility, industrial robotics, and ESDM. This move supports L&T's Lakshya 2031 aspirations for technology leadership and India's self-reliance in manufacturing, with plans for expansion across a 40-acre zone.

• ·Two manufacturing lines commissioned initially for electronics manufacturing services.
• ·Future expansions planned across a 40-acre zone within the Coimbatore campus covering the full industrial electronics value chain.
• ·Adopts blended approach of in-house R&D, technology partnerships, and advanced testing infrastructure.

24-04-2026

ICICI Bank Limited allotted 18,243 equity shares of face value ₹2 each on April 24, 2026, under the ICICI Bank Employees Stock Unit Scheme-2022. The allotment was approved by two Executive Directors at 10:59 a.m., pursuant to powers delegated by the Board of Directors on October 21, 2023. This is a routine employee stock unit allotment with negligible impact on total share capital.

• ·Approval time: 10.59 a.m. on April 24, 2026
• ·Board delegation date: October 21, 2023

24-04-2026

Adani Green Energy Limited's Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with unmodified opinions from joint statutory auditors M/s. S R B C & Co. LLP and M/s. Dharmesh Parikh & Co. LLP. The Board approved re-appointments of independent directors Mr. Romesh Sobti, Mrs. Neera Saggi, and Dr. Anup Shah for second terms starting September 2026, recommended auditor changes including appointment of M/s. Shah Dhandharia & Co. LLP, appointed M/s. T. R. Chadha & Co. LLP as new internal auditor, and approved senior management transitions. The 11th AGM is scheduled for June 25, 2026.

• ·Board meeting held April 24, 2026, from 11:00 a.m. to 01:30 p.m.
• ·Independent directors re-appointments: Mr. Romesh Sobti w.e.f. September 20, 2026 (DIN: 00031034); Mrs. Neera Saggi and Dr. Anup Shah w.e.f. September 07, 2026 (DINs: 00501029, 00293207).
• ·Statutory auditors: M/s. Shah Dhandharia & Co. LLP (FRN: 118707W/W100724) newly appointed; M/s. S R B C & Co. LLP (FRN: 324982E/E300003) re-appointed; M/s. Dharmesh Parikh & Co. LLP term ends at 11th AGM.
• ·AGM via Video Conferencing / Other Audio Visual Means.

24-04-2026

BSE sought clarification from IDBI Bank Ltd (500116) on April 24, 2026. No specific details on the subject of the clarification, corporate actions, financial metrics, or response provided in the disclosure. This is purely informational with no quantitative data or directional implications disclosed.

24-04-2026

Wipro Limited announced a strategic partnership with Kongsberg Digital on April 24, 2026, to deploy next-generation AI-powered Digital Twin solutions for the Energy & Utilities sector. The collaboration integrates Wipro’s consulting-led AI solutions, including Wipro Intelligence™, Industrial-AssetsAI, and UpstreamAI, with Kongsberg Digital’s Industrial Work Surface to enable reliable, efficient, and safer operations across complex asset networks. The joint offering aims to simplify digital transformation, strengthen operational resilience, and accelerate innovation for asset-intensive organizations.

• ·Wipro operates across 65 countries with business partners.
• ·Stock symbols: NYSE: WIT, BSE: 507685, NSE: WIPRO.