Markets

BEML Limited Secures First Overseas Metro Rolling Stock Order BEML Limited has received a Letter of Intent for the Design, Manufacture, Supply, Testing, and Commissioning of Standard Gauge Metro Rolling Stock for a region in Africa. This marks the company’s first overseas order for metro rolling stock.The order, valued at approximately USD 60 million, involves the supply of stainless-steel standard gauge metro rolling stock.Source:

Maruti Infrastructure Limited Announces Demise of Independent Director, Explains Disclosure Delay Maruti Infrastructure Limited reported the passing of Independent Director Shrikant N. Jhaveri on Sunday, March 15, 2026. The company conveyed its condolences to Jhaveri’s family and acknowledged the benefit of his advice to the board during his tenure.The company explained a delay in the disclosure of Jhaveri’s passing. Maruti Infrastructure Limited stated the delay was inadvertent and resulted from the company not being immediately aware of his demise within the required timeframe. The information was subsequently conveyed, leading to the disclosure to the exchange at the earliest opportunity.The company affirmed there was no...

Simplex Castings Ltd. Secures ₹13.02 Crore Order from ThyssenKrupp Group Bhilai, 18th March 2026: Simplex Castings Limited (BSE: 513472), a leading Indian precision metallurgy company, announced today the receipt of a ₹13.02 crore order from Thyssenkrupp Group, a global leader in coke plant technologies and engineering solutions.The order includes supply of 80 sets of Zero-Leakage Coke Oven Doors and High-Grade Pusher Side Doors, along with 10 sets of mechanical plungers and helical springs for pusher side doors.Simplex Castings' doors are designed to deliver zero leakage, featuring a high sealing performance 8-10 times superior to conventional designs, extended lifespan, and easy maintenance. The technology was developed in...

DCB Bank Limited Allots Equity Shares Under ESOPs DCB Bank Limited announced today, March 18, 2026, the issuance and allotment of 88,310 equity shares to its employees through the terms of its Employee Stock Option Plan (ESOP). Each share carries a face value of Rs. 10.The allotment has increased the Bank’s issued and paid-up share capital from 321,813,467 equity shares of Rs. 10 each to 321,901,777 equity shares of Rs. 10 each.Source:

UGRO Capital Limited Allots Non-Convertible Debentures via Private Placement Mumbai – March 18, 2026 – UGRO Capital Limited announced today the allotment of Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures through a private placement. The Investment and Borrowing Committee of the Board of Directors approved the allotment.The total value of the debenture issuance is INR 45,00,00,000. Each debenture has a face value of INR 10,000. The debentures are proposed to be listed on the BSE Limited.Key details of the debenture issuance are as follows:ParticularsDetailsType of SecuritiesListed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible DebenturesType of IssuePrivate placement...

Shipping Corporation of India Secures Shipbuilding Contract for Methanol-Powered Vessel The Shipping Corporation of India Limited (SCI) announced on March 18, 2026, that it has entered into a shipbuilding contract with Mazagon Dock Shipbuilders Ltd (MDL). The agreement is for the construction of one 3,000 DWT Methanol Dual Fuel Platform Supply Vessel (PSV).The vessel, scheduled to be the first in SCI's fleet to utilize Green Methanol as an alternative fuel, aligns with the National Green Hydrogen Mission (NGHM) and signifies a move towards environmentally conscious shipping practices. The contract was finalized at 1315 hours on March 18, 2026.SCI is a Government of India Enterprise with a registered office in Mumbai.Source:

Centrum Capital Limited Completes Sale of Stake in Centrum Housing Finance Limited Centrum Capital Limited announced the completion of the sale of its entire stake in Centrum Housing Finance Limited (CHFL) on March 18, 2026. This follows a Share Purchase Agreement signed on August 22, 2025, with Weaver Services Private Limited.The transaction required and received regulatory approval from the Reserve Bank of India (RBI) on February 3, 2026. As a result of the sale, CHFL will no longer be considered a subsidiary of Centrum Capital Limited.Source:

Amrutanjan Health Care Limited Receives Order Regarding Input Tax Credit Amrutanjan Health Care Limited announced today, March 18, 2026, that it received an order from the Additional Commissioner of Central Excise & Customs (Appeals-II) under the CGST/IGST Act, 2017. The order, dated March 17, 2026, relates to a review of input tax credit and questioning its eligibility for the years 2020-21 to 2021-22.The appellate authority's order mandates a reversal of input tax credit due to a GSTR2A mismatch. The total tax demand amount is Rs. 24,28,910, inclusive of applicable interest and penalty.According to the company, it availed input tax credit after fulfilling all stipulated conditions according to the GST law. Amrutanjan Health Care...

Waaree Energies Named Title Sponsor of Rajasthan Royals National, March 18, 2026 – Waaree Energies Limited (BSE code: 544277; NSE: WAAREEENER), a leading global energy transition company, has partnered with the Rajasthan Royals as the team's Title Sponsor for the upcoming T20 league.As part of the sponsorship, Waaree Energies branding will appear on the front of the Rajasthan Royals' official playing and training kits.The partnership unites two brands with a commitment to innovation and sustainability, aiming to inspire positive change through sport. Waaree Energies, established in 1990, has been at the forefront of India's transition to clean and sustainable energy, with a presence in over 20 international markets.“In India...

Gujarat Kidney And Super Speciality Limited Notified of Non-Compliance and Fines Gujarat Kidney And Super Speciality Limited received notices from the National Stock Exchange of India Limited (NSE) and BSE Limited regarding non-compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The NSE notice was received on March 17, 2026, at 7:12 p.m., and the BSE notice was received at 6:48 p.m. on the same day. The combined fine amount levied by both exchanges totals Rs. 3,30,400.The non-compliance relates to the non-submission of financial results for the quarter ended September 30, 2025.The company will present the notices to the Board for review and comments, and further details...

Nova Agritech Limited Reports Satisfactory Performance Evaluation by Independent Directors Nova Agritech Limited announced that a separate meeting of its Independent Directors was held on March 18, 2026. The meeting addressed the performance of Non-Independent Directors, the Chairperson, and the Board as a whole, alongside the assessment of information flow between company management and the Board.Following evaluation, the Independent Directors deemed the performance of the Non-Independent Directors, Chairperson, and the Board of Directors to be "satisfactory."Neha Soni, Company Secretary & Compliance Officer, conveyed the outcome. The registered office is located at Sy.No.251/A/1., Singannaguda Village Mulugu Mandal, Medak...

HCLTech Named AWS European Sovereign Cloud Launch Partner POTSDAM, Germany and NOIDA, India, March 18, 2026 – HCLTech has been selected as an official launch partner for the AWS European Sovereign Cloud (ESC), a new cloud infrastructure established in the State of Brandenburg, Germany.The AWS European Sovereign Cloud provides a managed infrastructure located entirely within the EU, designed to meet the data residency and operational autonomy needs of European public sector and enterprise clients. Operating separately from existing AWS Regions, the ESC offers localized control over data residency.HCLTech’s selection as a launch partner stems from its experience managing complex, regulated workloads across Europe, its expertise in...

CSL Finance Limited Board Approves INR 150 Crore Debenture Issuance CSL Finance Limited announced on Wednesday, March 18, 2026, that its Board of Directors approved the issuance of non-convertible debentures of various types, up to an aggregate limit of INR 150 crore, on a private placement basis. The company stated that the issuance may occur in one or more tranches or series, with the Management Committee authorized to finalize and approve all relevant documents.The Management Committee was constituted on February 12, 2020.The debentures are expected to be listed on the BSE Limited. Details regarding the tenure, allotment date, maturity date, coupon/interest payment schedule, security, special rights, and redemption will be...

Exhicon Events Media Solutions Ltd. Appoints Internal Auditors Exhicon Events Media Solutions Limited announced the appointment of M/s. JHS & Associates LLP as the company’s Internal Auditors for the financial years 2025-26 and 2026-27. The Board of Directors approved the appointment at a meeting held on March 18, 2026.M/s. JHS & Associates LLP is a Peer-Reviewed Chartered Accounting firm with Firm Registration No. 133288W/W100099. The firm is also CERT-In empaneled as an Information Security Auditing Organization, with validity until September 2028.The appointment is for a term of two consecutive financial years. According to company information, JHS & Associates LLP has over 44 years of legacy, a pan-India presence, and a team of...

Indian Energy Exchange Explores Establishing Coal Exchange Indian Energy Exchange Limited (IEX) announced on March 18, 2026, that its Board of Directors has given in-principle approval to explore establishing a Coal Exchange. This decision aligns with the 'Coal Regulations 2025' proposed by The Ministry of Coal.The Board meeting took place on March 18, 2026, commencing at 11:05 A.M. and concluding at 01:35 P.M. Further details will be disclosed as events progress.Source:

Samvardhana Motherson International Completes Acquisition of Yutaka Giken Shares Samvardhana Motherson International Limited announced the completion of a tender offer for shares of Yutaka Giken Co., Ltd. (YGCL) on March 17, 2026. The acquisition, initiated through the company’s indirect wholly-owned subsidiary Motherson Global Investments B.V. (MGI BV), involved the acquisition of 1,408,867 common shares of YGCL at a tender offer price of JPY 3,024 per share.The acquisition represents 9.51% of the issued share capital of YGCL. MGI BV previously announced the commencement of the tender offer on February 9, 2026, as part of a series of transactions to acquire shares in YGCL. The tender offer was completed on March 10, 2026.As...

Anzen India Energy Yield Plus Trust Acquires Kudgi Transmission Limited BSE Limited has announced that the Board of Directors of EAAA Real Assets Managers Limited, the Investment Manager of Anzen India Energy Yield Plus Trust, has taken note of a valuation report concerning the acquisition of Kudgi Transmission Limited (KTL). The report was issued by Jayeshkumar Shah, having IBBI Registration Number IBBI/RV/07/2020/13066.According to the report, the fair enterprise value of KTL as of December 31, 2025, is INR 20,691 million. This valuation is part of the Trust's proposed acquisition of 100% equity stake in KTL from Infrastructure Yield Plus II, Infrastructure Yield Plus IIA, and India Infrastructure Yield Plus II, following a Right of...

Accedere Ltd. Focuses on AI-Enabled GRC Solutions Amidst India's Regulatory Shift Mumbai – March 18, 2026 – Accedere Ltd. is expanding its focus on AI-enabled Governance, Risk, and Compliance (GRC) solutions through its platform Controllo.ai, driven by evolving regulatory requirements in India. The company highlighted a growing market for compliance technology stemming from increased regulatory attention to cybersecurity resilience and personal data protection.India's digital infrastructure expansion is prompting heightened regulatory oversight, particularly through the strengthening of cyber resilience requirements under the SEBI Cyber Security and Cyber Resilience Framework (CSCRF) and the implementation of the Digital Personal Data...

Precision Wires India Limited Receives BIS Certification for Copper Wire Rods Precision Wires India Limited announced it has received certification from the Bureau of Indian Standards (BIS) for the manufacture of Copper Wire Rods in accordance with IS 12444 at its Valvada, Valsad, Gujarat plant.The company is awaiting the formal BIS certificate. Commercial production and dispatch of the Copper Wire Rods are anticipated to commence shortly before the end of the current financial year. These wire rods are intended for captive consumption.Source:

Reganto Enterprises Ltd. Fined by BSE for Delayed Financial Results Reganto Enterprises Limited was fined Rs. 1,71,100 including GST by the Bombay Stock Exchange (BSE) for the non-submission of financial results within the prescribed period. The BSE issued the fine via email on March 17, 2026, according to a company statement.The penalty of Rs. 1,71,100 relates to a violation of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs the timely submission of financial results. The company indicated that the financial impact is limited to the amount of the levied penalty and will not affect its operations or other activities.Details of the BSE ActionDetailInformation...