Markets

Diamond Power Infrastructure Ltd. Approves Key Resolutions via Postal Ballot Diamond Power Infrastructure Limited announced the approval of several resolutions through a postal ballot conducted between February 17, 2026, and March 18, 2026. The results, based on remote e-voting, were declared on March 19, 2026.Shareholders approved Material Related Party Transactions with GSEC Limited and Monarch Infraparks Private Limited, both promoter companies. Additionally, a resolution was passed to approve a power of borrowing of up to ₹4,000 crore under section 180(1)(c) of the Companies Act, 2013. Finally, shareholders authorized the creation or modification of charges, mortgages, and hypothecations on the company’s immovable and movable...

ZF Steering Gear India Ltd. Receives Permission for Leasehold Rights Assignment ZF Steering Gear India Ltd. announced on March 19, 2026, that Maharashtra Industrial Development Corporation (MIDC) has granted permission for the assignment of leasehold rights between its wholly-owned subsidiaries. This update follows previous announcements on January 1, 2026, and July 26, 2025, regarding the proposed assignment.The assignment involves Plot No. E-3/2, MIDC Supa Parner Industrial Park, Ahilyanagar, Maharashtra, along with the factory building situated there. NexSteer Systems Private Limited currently holds these leasehold rights and will transfer them to DriveSys Systems Private Limited. Both NexSteer and DriveSys are wholly-owned...

Welspun Living Limited Approves Stake Acquisition in Welspun Corporate Services Limited, Announces Management Changes and Capital Expenditure Increase Welspun Living Limited (formerly Welspun India Limited) announced several key developments following a board meeting held on March 19, 2026. The company approved the acquisition of a 35% stake in Welspun Corporate Services Limited (WCSL, formerly Welspun Home Textiles Limited) for Rs. 35,000. Other Welspun Group entities will acquire the remaining 65% stake. WCSL will function as a centralized corporate services platform providing services including human resources, legal, regulatory compliance, taxation, corporate restructuring, and strategic advisory. The acquisition will position WCSL...

Solitaire Machine Tools Promoter Disposes of Shares in Off-Market Deal Solitaire Machine Tools Ltd. announced that Mr. Ashok Jivarajbhai Sheth, a promoter of the company, disposed of 15,000 equity shares, representing 0.33% of the company's outstanding shares, on March 17, 2026.The shares were transferred to Mrs. Swati Hemendra Badani, another promoter of Solitaire Machine Tools Ltd., through an off-market transaction. The transaction was disclosed in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015.Source:

SG Finserve Ltd. Allots 39.25 Million Shares Following Warrants Conversion SG Finserve Limited announced the allotment of 39,25,000 equity shares on March 19, 2026, resulting from the conversion of an equal number of warrants. The decision was made by the company's Allotment Committee, which convened a meeting that began at 1:45 p.m. and concluded at 2:15 p.m.The allotment follows the preferential basis allocation of 1,00,00,000 fully convertible warrants announced on October 25, 2024. Shareholders paid ₹337.5 per warrant to cover the remaining 75% of the initial issue price of ₹450 per warrant, generating ₹1,32,46,87,500.The equity shares were allocated to Kitara PIIN 1103 and Rohan Gupta, with Kitara PIIN 1103 receiving 20,00,000...

DCM Ltd. Receives Arbitration Notice from GCD Prime DCM Ltd. announced today, March 19, 2026, that it received a notice under Section 21 of the Arbitration and Conciliation Act, 1996 from GCD Prime. The notice pertains to the invocation of arbitration in terms of Clause 14 of a Joint Development Agreement (JDA) dated August 11, 2022.This development follows a prior notification on November 1, 2025, regarding the Company’s issuance of a Notice of Forfeiture and Termination to GCD Prime related to the JDA. The termination notice stemmed from GCD Prime’s alleged failure to address breaches of obligations, including the revocation of a suspension order for a license issued by the Haryana Government concerning a planned affordable...

Bikaji Foods International Schedules Investor Meetings in Singapore Bikaji Foods International Ltd. announced it will conduct One-to-One Analyst and Institutional Investor meetings on Wednesday, March 25, 2026, at 11:00 A.M. IST in Singapore.The meetings will utilize investor presentations already available on the company’s website and stock exchange platforms. Company officials confirmed that no unpublished price-sensitive information will be shared during the meetings.The schedule is subject to change due to unforeseen circumstances. The company will also host the meeting details on its website, www.bikaji.com. Source:

Raghuvir Synthetics Limited Independent Directors Review Board Performance Raghuvir Synthetics Limited announced that its Independent Directors convened a meeting on Thursday, March 19, 2026, commencing at 1:30 P.M. and concluding at 2:00 P.M. The meeting focused on a review of the performance of Non-Independent Directors and the Board as a whole.The Independent Directors also evaluated the performance of the Chairman of the Company, incorporating perspectives from both Executive and Non-executive Directors. Discussions centered on the quality, quantity, and timeliness of information flow between company management and the Board, ensuring the Board’s ability to effectively fulfill its duties.Sunil Raghubirprasad Agarwal...

JBM Auto Limited Clarifies Trading Volume Increase JBM Auto Limited reported that recent trading volume increases are due to market conditions. The clarification follows a communication received from the BSE Limited on March 19, 2026, regarding a significant increase in trading volume for the company’s shares.The company stated it has made all necessary disclosures as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and does not have any undisclosed material or price-sensitive information that would explain the observed volume behavior. JBM Auto Limited affirmed its commitment to timely disclosure of material events and price-sensitive information to the stock exchanges.The...

Capri Global Capital Receives Credit Rating Enhancement from Acuité Capri Global Capital Limited announced an enhancement of its credit-rated limits for loan facilities and Non-Convertible Debentures (NCDs) by Acuité Ratings & Research Limited. Acuité has assigned a rating of 'ACUITE AA | Stable' (ACUITE Double A with Stable Outlook) to the enhanced limits.The enhancements include an increase in the Bank Loan Ratings limit from ₹7,050.00 crore to ₹9,550.00 crore, and the Non-Convertible Debenture limit from ₹750.00 crore to ₹2,850.00 crore.A summary of the rating actions is presented below:Credit Rating AgencyInstrument /FacilityQuantum (Rs. Cr.)RatingRating ActionAcuite Ratings & Research LimitedBank Loan...

WeWork India Secures Managed Office Contract with TMUS India Private Limited WeWork India Management Limited announced on March 19, 2026, that it has entered into a Membership Agreement for a Managed Office with TMUS India Private Limited. This agreement is linked to previously disclosed plans for capacity addition in Hyderabad.The contract involves providing a dedicated workspace for TMUS India Private Limited across five floors at Phoenix H10, Hyderabad. The workspace aggregates to approximately 250,348 square feet and includes 1,507 workstations. The agreement has a tenure of 60 months, with a 42-month committed term from the client.The total consideration for the contract is ₹475.49 crore, excluding applicable taxes. The works...

Capri Global Capital Ltd. Secures Rating Enhancement for Term Loans and NCDs Capri Global Capital Limited announced a review and enhancement of its credit-rated limits by Infomerics Valuation and Rating Limited on March 19, 2026. The enhancements were made following a request from the company.Infomerics has assigned a rating of 'IVR AA/Positive' (IVR Double A with Positive Outlook) to the revised limits for both term loans and Non-Convertible Debentures (NCDs). The updated ratings reflect an increase in the company’s financial capacity.The details of the enhanced limits are presented below:Credit Rating AgencyInstrument /FacilityQuantum (Rs. Cr.)RatingRating ActionInfomerics Valuation and Rating Ltd.Long Term Bank...

Amagi Media Labs Limited Faces ₹2.06 Crore Tax Demand March 19, 2026 – Amagi Media Labs Limited announced today that it received a demand order from the Deputy Commissioner of Income Tax, International Taxation Circle 1 (1), Bengaluru. The order, dated March 18, 2026, details a demand of ₹20,645,611.The demand comprises ₹11,216,603 in gross tax liability under Section 201(1) of the Income Tax Act, 1961, and ₹9,429,008 in interest under Section 201(1A) of the Act. The assessment relates to Financial Year 2019-20, where the company has been treated as an "assessee in default" for payments made to non-residents, classified as fees for technical services. The Income Tax Department contends that tax was not deducted at source under Section...

Amadeus and TCS Announce Global Strategic Partnership to Accelerate Modern Airline Retailing MUMBAI, March 19, 2026 – Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) and Amadeus, a leading travel technology company, have announced a global strategic partnership designed to accelerate innovation and digital transformation across the global travel ecosystem. The collaboration will combine TCS’ expertise in travel, AI, cloud, data analytics, and platform engineering with Amadeus’ travel technology capabilities to modernize airline retailing and servicing.TCS will develop the Service Center User Interface for Amadeus Nevio, a next-generation foundation for modernizing airline retailing and servicing. This interface will be a...

IndiaMART InterMESH Ltd. Updates Investor Following Meeting with P4 Capital IndiaMART InterMESH Ltd. (BSE: 542726, NSE: INDIAMART) announced it held a one-on-one meeting with P4 Capital on March 19, 2026. The meeting, which took place via video conference at 12:00 p.m., was categorized as a single investor/institution engagement.According to a company statement, no unpublished price sensitive information was disclosed during the interaction.The latest investor presentation can be accessed on the company website at https://investor.indiamart.com/FinancialResultsStatements.aspx.DateInvestor / EventMeeting / Call TypeTimeofthe CallMode/ PlaceMarch 19, 2026P4 CapitalOnetoOne (Single Investor/ Institution)12:00 p.m.Video...

Captain Polyplast Ltd. Receives Credit Rating Upgrade Captain Polyplast Ltd. has been assigned a credit rating of BBB for its long-term facilities and A3+ for its short-term facilities by Informatics Valuation and Ratings Ltd. This upgrade reflects an improvement from the company’s previous ratings of BBB- and A3.The rating agency’s detailed press release is available at https://www.infomerics.com/pressrelease/captain-polyplast-limited-cpl.Source:

Suzlon Energy Ltd. to Participate in ICICI Securities’ Investors’ Meet Suzlon Energy Ltd. announced its participation in an investors' meet organized by ICICI Securities between March 24, 2026, and March 26, 2026. The meet will be conducted in a physical format.During the meeting, Suzlon Energy Ltd. representatives will present the company’s investor relations presentation, which is available on the company's website and the stock exchange websites. The company confirmed that no unpublished price sensitive information will be disclosed during the event.Source:

SJVN Ltd. Appoints Parthajit De as Whole-time Director (Finance) SJVN Ltd. announced the appointment of Parthajit De as Whole-time Director (Finance), effective March 19, 2026. The appointment was made following an order from the Ministry of Power, No. 15/23/2024-H.II (271755) dated March 18, 2026, for a five-year term.Parthajit De, who holds DIN: 11219972, was previously in-charge of Corporate Accounts & Policy Section, Corporate Tax Cell, and Employment Benefit Trusts at Corporate Office, NHPC Limited. He also served as a nominee Director on the Board of Loktak Downstream Hydroelectric Corporation Ltd.Consequent to this appointment, Sipan Kumar Garg (DIN: 10746205) ceases to hold the additional charge of Director (Finance) and...

HCLTech Recognized as a Leader in Everest Group’s Private Cloud Services PEAK Matrix® Assessment 2025 NEW YORK and NOIDA, India, March 19, 2026 – HCLTech has been recognized as a Leader in the Everest Group Private Cloud Services PEAK Matrix® Assessment 2025. The assessment evaluates providers based on market impact, vision, and capability.The recognition highlights HCLTech’s ability to deliver private cloud services that combine cloud agility with enterprise-grade control. The company’s private cloud portfolio supports AI-enabled workloads, regulatory and sovereignty requirements, and hybrid-first strategies while maintaining cost efficiency and operational resilience."As enterprises rethink cloud strategies to support AI...

PNGS Gargi Fashion Jewellery Ltd. Opens New Store in Pune PNGS Gargi Fashion Jewellery Ltd. announced the opening of a new exclusive brand store on March 19, 2026. The store is located at Shop No. 03 & 3A, Ground Floor and 1st Floor of 'COMMERCIA', Survey No. 84/1, Baner Mahalunge Road, Baner, Haveli, Pune, Maharashtra-411045. The company's stock symbol is GARGI and the BSE Scrip Code is 543709.Source: