Markets

Bosch Ltd. to Form Joint Venture with Tata Autocomp Systems for E-Axle and Electric Motor Production Bosch Limited announced on March 18, 2026, that its Board of Directors has approved a joint venture agreement with Tata Autocomp Systems Limited. The agreement will establish a joint venture company ('JVCo') in India for the manufacture, sale, and after-sales service of e-axles, electric traction motors, and other related products.The JVCo will be incorporated as a Private Limited Company, with both Bosch Limited and Tata Autocomp Systems Limited holding a 50% stake in the paid-up share capital. The initial paid-up share capital will be INR 10,00,000, with both companies contributing equally. The proposed total equity share paid-up...

TTI Enterprise Limited Announces Registered Office Relocation and Signatory Change TTI Enterprise Limited announced on Wednesday, March 18, 2026, that its Board of Directors approved the relocation of the company’s registered office. The move, effective March 18, 2026, shifts the registered office from 03rd Floor, PNB House, 18B Brabourne Road, Kolkata, West Bengal-700001 to 28B, Eden Hospital Road, Chitranjan Avenue, Kolkata - 700012. The relocation remains within the city limits of Kolkata.The Board also approved a change in the authorized signatories for the Kotak Mahindra Bank account, appointing Mr. Mithun Wales, Manager - Accounts, to operate the account.The Board meeting commenced at 11:00 AM and concluded at 11:40 AM. Hemant...

Godrej Consumer Products Schedules Investor Meet in May 2026 Godrej Consumer Products Limited announced it will host an Investor Meet for Financial Analysts and Institutional Investors on Monday, May 11, 2026.The company will submit presentations from the event to the stock exchanges and will also host them on its website. The Investor Meet is scheduled for the Financial Year 2026.Source:

Bondada Engineering Ltd. Receives Order from Bharat Electronics Limited for Defence Components Bondada Engineering Limited announced on March 18, 2026, that its subsidiary, Bondada Dynamics Private Limited, has secured a purchase order from Bharat Electronics Limited (BEL) in Karnataka. The order is for the supply of critical components for defence applications, marking the company’s entry into the defence sector.This development aligns with Bondada Engineering's long-term vision to diversify into technology-driven areas and strengthen its business portfolio. The company views this as a significant strategic milestone and a foundation for future opportunities and partnerships within the defence sector.The key terms of the order are...

Arvind SmartSpaces Schedules Analyst Meetings on March 24, 2026 Arvind SmartSpaces Ltd. announced it will be meeting with several analysts on March 24, 2026. The meetings will be held physically in Mumbai.The company will meet with representatives from Antique Stock Broking, B&K Securities, ICICI Direct, Emkay Global, and Axis Direct.A summary of the scheduled meetings is presented below:DateFirmMeeting TypeMarch 24, 2026Antique Stock BrokingPhysical in MumbaiMarch 24, 2026B&K SecuritiesPhysical in MumbaiMarch 24, 2026ICICI DirectPhysical in MumbaiMarch 24, 2026Emkay GlobalPhysical in MumbaiMarch 24, 2026Axis DirectPhysical in MumbaiThe schedule is subject to change due to unforeseen circumstances.Source:

McNally Bharat Engineering Company Limited Faces Fines for Delayed Financial Results McNally Bharat Engineering Company Limited (MBECL) has been fined by both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) for delayed submission of financial results for the period ended December 31, 2025. The fines, totaling Rs. 23,600 including Goods and Services Tax (GST), were issued on March 17, 2026, and March 18, 2026, respectively.The penalties stem from non-compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015, which mandates timely submission of financial results. The fines are in accordance with SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023.Below is a summary of...

Shelter Pharma’s Manufacturing Facility Receives A+ Rating in Food Safety Audit Shelter Pharma Limited announced that its manufacturing facility has achieved an A+ rating following a Third-Party Food Safety Audit conducted by an agency recognized under the Food Safety and Standards Authority of India (FSSAI) framework.The audit evaluated the facility's compliance with applicable food safety standards and regulatory requirements. The facility received an audit score of 81 out of 86, representing 94% compliance. This rating underscores Shelter Pharma’s commitment to upholding high standards of quality and food safety in its products.Here's a summary of the audit details:ParticularsDetailsRegulatory AuthorityFood Safety and...

Raj Goenka Acquires 1.98% Stake in Gamco Ltd. Through Open Market Transactions Kolkata – Raj Goenka, a promoter of Gamco Ltd., has acquired 1171949 equity shares, representing 1.98% of the company’s issued and paid-up equity share capital, through open market transactions between March 16, 2026, and March 17, 2026.According to a filing, Goenka's total holding now comprises 1171949 shares carrying voting rights. Prior to the acquisition, his holding stood at 1159318 shares.Gamco Ltd. has an equity share capital of Rs. 10,80,63,000.00, consisting of 5,40,31,500 equity shares of Rs. 2 each.Name of the Target Company (TC)GAMCOLIMITED BSE Scrip Code: 540097Name(s) of the acquirer and Persons Acting in Concert (PAC) with the...

Max India Schedules Analyst and Institutional Investor Meetings Max India Ltd. announced that its officials will participate in the DAMCapital Hospitals & Diagnostics Conference 2026 in Mumbai on March 23, 2026. The meetings will be held from 10:00 am onwards and will consist of both 1x1 and group sessions. Discussions will be limited to publicly available information. The company noted that the schedule may be subject to change due to unforeseen circumstances.Date & TimeNature of MeetingOrganised byPlaceMarch 23, 2026 10:00 am onwards1x1 / Group MeetingDAMCapital Hospitals & Diagnostics Conference 2026MumbaiSource:

Indogulf Cropsciences Ltd. Announces Resignation of Secretarial Auditor March 18, 2026 – Indogulf Cropsciences Limited announced the resignation of Mr. Deepak Rawat as its Secretarial Auditor, effective March 17, 2026. Mr. Rawat’s resignation is attributed to health issues and other medical reasons.According to a confirmation received from Mr. Rawat, there are no material reasons for his departure beyond those already stated.Details of Resignation The following table summarizes the details of the resignation:ParticularsDetailsName of Secretarial AuditorMr. Deepak Rawat, Practicing Company Secretary (ACS: 33210/CP: 12241)Reason for ResignationHealth issues and other medical reasonsDate of ResignationMarch 17, 2026Source:

Bodhtree Consulting Subcontracts Project Development to Semayra Web Services Hyderabad – Bodhtree Consulting Ltd. announced on March 18, 2026, that M/s. Panth Infinity Limited, a vendor engaged for the development of ‘GenBI: The Next-Gen AI-Powered BI & Analytics Platform,’ has subcontracted a portion of the project to M/s. Semayra Web Services Private Limited.The subcontracting is intended to enhance execution efficiency and meet project-specific business requirements. M/s. Panth Infinity Limited is based in Ahmedabad, while M/s. Semayra Web Services Private Limited is located in Delhi.Details of the subcontract are as follows:DetailDescriptionOriginal VendorM/s. Panth Infinity Limited, AhmedabadSubcontractor...

HDFC Bank Ltd. Receives Credit Rating Affirmed by India Ratings & Research HDFC Bank Ltd. announced on March 18, 2026, that India Ratings and Research Private Limited has affirmed and assigned ratings to various instruments of the bank. India Ratings affirmed the bank’s Long-Term Issuer Rating at 'IND AAA/Stable' and assigned a rating of 'IND A1+' to Certificates of Deposit.Rating DetailsThe summary of ratings assigned/affirmed is as follows:Instrument TypeMaturity DateSize of Issue (Billion)Rating/OutlookRating ActionIssuer Rating -IND AAA/StableAffirmedCertificates of deposit7-365 daysINR 250IND A1+AssignedCertificates of deposit7-365 daysINR 1250IND A1+AffirmedFixed deposits -IND AAA/StableAffirmed...

Global Surfaces Limited Converts Loan to Equity in Subsidiary Global Surfaces Limited announced on March 18, 2026, that its Board of Directors approved the conversion of an additional unsecured loan of INR 50 Crore extended to its wholly-owned subsidiary, Global Surfaces FZE, into equity shares. This follows a previous approval on February 3, 2026, for a similar conversion of INR 50 Crore.Global Surfaces FZE, incorporated in Jebel Ali Free Zone, Dubai, UAE, has a paid-up share capital of 20.13 Crore and a net worth of (8.18) Crore as of March 31, 2025. The company’s business is in manufacturing engineered quartz and stone surfaces. FY 2023-24 turnover was 57.34 Crore and FY 2024-25 turnover was 64.36 Crore. FY 2022-23 saw a turnover...

Taneja Aerospace & Aviation Ltd. Announces Postal Ballot Notice for Director Appointments Thally, Tamil Nadu, March 18, 2026 – Taneja Aerospace & Aviation Ltd. announced today that it will seek shareholder approval for the appointment of two independent directors via a postal ballot. The resolutions concern the appointment of Mr. Anil Kumar Sahu and Ms. Deepa Mathur.Mr. Sahu (DIN: 09038050) will serve as an Independent Director for a five-year term, commencing August 8, 2025, and ending August 8, 2030. Ms. Mathur (DIN: 00449912) will also serve as a Women Independent Director for a five-year term beginning August 8, 2025, and ending August 8, 2030, and will also serve as the Chairperson of the Company, effective August 8, 2025...

Oracle Financial Services Software Limited Allots Equity Shares Under Stock Plan Oracle Financial Services Software Limited announced on March 18, 2026, that its ESOP Allotment Committee approved the allotment of 5,929 equity shares to eligible employees under the OFSS Stock Plan 2014. The shares have a face value of Rs. 5 each and will rank equally with existing shares. No shares were allotted to directors during this allotment.The company's paid-up capital now stands at Rs. 435,175,665, comprising 87,035,133 equity shares with a face value of Rs. 5 each.Source:

Sumeet Industries Announces ₹23.47 Cr Acquisition to Strengthen Polyester Chips Capacity Surat, March 18, 2026 – Sumeet Industries Limited (NSE: SUMEETINDS, BSE: 514211), a leading integrated polyester manufacturer, announced that it has been declared the successful bidder (H1 Bidder) for the acquisition of assets at the Phase-3: Chips Manufacturing Plant of Nakoda Limited under the Corporate Insolvency Resolution Process.The company’s Board of Directors unanimously approved a Letter of Intent dated March 11, 2026, confirming the acquisition under a slump sale. Nakoda Limited, based in Surat, was engaged in the manufacturing of Polyester Chips. The acquisition includes land and building measuring approximately 11,534 square meters...

Bluegod Entertainment Extends Rights Issue Closing Date Bluegod Entertainment Limited has extended the closing date for its rights issue to Friday, March 20, 2026. The rights issue initially opened on Thursday, March 12, 2026, and was previously scheduled to close on Thursday, March 19, 2026.The extension, approved by the Rights Issue Committee on Wednesday, March 18, 2026, aims to provide shareholders with additional time to exercise their rights in the offering. The deadline for submitting completed application forms (CAF) along with payment is now Friday, March 20, 2026.The terms of the Letter of Offer (LOF) and CAF, originally dated Saturday, February 28, 2026, remain unchanged, with the exception of the adjusted issue closing...

Kalind Ltd. Announces Resignation of Independent Director Kalind Ltd. announced on March 18, 2026, that Gaurav Luthra (DIN: 08023492) has resigned from his position as Independent Director, effective March 17, 2026. Luthra cited personal and professional considerations for his departure. Consequently, he has relinquished his role as Chairman/Member of all Committees he served on.According to a filing, Luthra's resignation was tendered on March 17, 2026. The company has acknowledged receipt of his resignation and will undertake the necessary filings with the Registrar of Companies and the Bombay Stock Exchange.In his resignation letter, Luthra noted the challenges presented by his location in Agra compared to the company's operations...

Mangalam Cement Receives Intimation of Share Transfers Among Promoters Mangalam Cement Limited announced that it received notifications from Rambara Trading Private Limited, AVA Trading and Consulting Private Limited, and Mignonette Creations Private Limited regarding the transfer of 10,00,000 equity shares. These transfers occurred as an inter-se transfer among promoters/promoter group members.Here's a breakdown of the share transfers:TransferorTransfereeNo. of Equity SharesAditya Birla Real Estate LimitedRambara Trading Private Limited4,80,000Aditya Birla Real Estate LimitedAVA Trading and Consulting Private Limited5,00,000Pilani Investment and Industries Corporation Ltd.Mignonette Creations Private Limited20,000The...

SMC Global Securities Limited Clarifies Trading Volume Increase SMC Global Securities Limited announced on March 18, 2026, that a review of recent trading volume fluctuations revealed no undisclosed material information influencing share price or volume. The announcement follows a letter dated March 16, 2026, concerning the volume increase.The company confirmed it is unaware of any further disclosures required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and that the observed trading activity appears to be driven by market factors. Business operations continue normally.SMC Global Securities Limited, with BSE Scrip Code 543263, reaffirmed its commitment to adhering to all applicable disclosure...