Markets

Pee Cee Cosma Sope Ltd. Incorporates Wholly-Owned Subsidiary, Pee Cee Energy and Reality Limited Pee Cee Cosma Sope Ltd. announced the incorporation of a wholly-owned subsidiary, Pee Cee Energy and Reality Limited, on March 27, 2026. The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation on the same date.Pee Cee Energy and Reality Limited has an authorized share capital of Rs. 15,00,000 and a paid-up share capital of Rs. 5,00,000. The company’s registered office will be located in Agra, Uttar Pradesh. The new subsidiary will be engaged in energy, reality, and related trading activities.Pee Cee Cosma Sope Ltd. subscribed to 100% of the initial paid-up share capital in cash, representing...

India Finsec Ltd. Approves Proposed IPO for Subsidiary IFL Finance Limited India Finsec Ltd. announced on March 27, 2026, that its Board of Directors has approved the initiation of a process for a proposed Initial Public Offer (IPO) of its subsidiary, IFL Finance Limited (formerly IFL Housing Finance Limited). The IPO will consist of up to 3,60,00,000 equity shares through a fresh issue and up to 40,00,000 equity shares through an offer for sale. Shareholder approval and statutory regulatory approvals are required for the IPO to proceed.The Board also approved the notice for an Extraordinary General Meeting (EGM) to obtain shareholder consent. Voting will be conducted remotely from April 21, 2026, to April 23, 2026. M/s Sarita Singh &...

Abans Enterprises Limited Announces Board Changes Mumbai – March 27, 2026 – Abans Enterprises Limited announced several changes to its board and leadership team following a board meeting held on March 27, 2026.Ms. Shardul Chaturvedi resigned from her position as Non-Executive, Non-Independent Director, effective March 27, 2026. She confirmed that her resignation was not due to any material reasons. Mr. Ankit Joshi has been appointed as Chief Financial Officer (Key Managerial Personnel), effective April 1, 2026. He holds an MBA in Finance and a Bachelor of Commerce, and has over eight years of experience in capital markets, financial planning, and regulatory compliance.Ms. Mahiti Rath resigned from her position as Company Secretary &...

Emami Paper Mills Redeems Preference Shares Emami Paper Mills Limited announced the redemption of 2,70,000 Series II - Tranche III Optionally Convertible Redeemable Preference Shares (OCRPS) on March 27, 2026. The shares, identified by ISIN INE830C04038, have a face value of Rs. 100 each and were redeemed with a premium of Rs. 500 per share. The total redemption amount, including the premium, was paid to OCRPS holders from the company's available Profits/ Reserves. The decision to redeem the shares followed a resolution passed by the Board of Directors on February 12, 2026.Source:

GRP Ltd. Announces Departure of President – Marketing & Business Development GRP Ltd. announced the retirement of Mr. Virendra Rathod, President – Marketing & Business Development, effective March 31, 2026. The Board of Directors acknowledged Mr. Rathod’s contributions and placed their appreciation on record.The change was noted at a board meeting held on March 27, 2026. Mr. Rathod’s last day of employment will be the close of business hours on March 31, 2026.Details Regarding the DepartureParticularsDetailsReason for ChangeRetirementDate of CessationClosing of business hours of March 31, 2026ProfileNot ApplicableRelationships Between DirectorsNot ApplicableThe announcement was made to the BSE Limited, where...

Valencia Nutrition Acquires Remaining Stake in Subsidiary, Valencia Beverages & Superwater Valencia Nutrition Ltd. announced on March 27, 2026, that it has acquired the remaining 100 equity shares of ₹10/- each in Valencia Beverages & Superwater Private Limited, a subsidiary. This acquisition makes Valencia Beverages & Superwater a wholly-owned subsidiary of Valencia Nutrition, with the parent company now holding 100% of its total paid-up equity share capital.The acquisition aims to consolidate Valencia Nutrition’s shareholding and strengthen its presence in the beverages segment, leading to better control and operational efficiency. The shares were acquired for a cash consideration of ₹1,000.Details regarding Valencia Beverages &...

SJ Corporation Ltd. Independent Directors Review Board Performance Mumbai – March 27, 2026 – SJ Corporation Ltd. announced today that its Independent Directors convened a separate meeting on March 27, 2026, to assess key aspects of the company's leadership and governance.The meeting, which began at 1:30 p.m. and concluded at 2:00 p.m., focused on evaluating the performance of Non-independent directors and the Board of Directors as a whole. Additionally, the Independent Directors reviewed the performance of the company's chairperson.A key element of the review involved assessing the effectiveness of communication between the company's management and the Board of Directors, ensuring timely and adequate information flow for informed...

Aeroflex Industries Limited Receives Order from Income Tax Department Aeroflex Industries Limited announced receipt of an order from the Assessment Unit of the Income Tax Department on March 25, 2026. The order, dated March 25, 2026, pertains to the assessment year 2018-2019 and involves a demand of Rs. 41,75,88,940.The demand stems from a disallowance of a claim for waiver of interest on a working capital loan in a one-time settlement, which the Income Tax Department considers non-taxable under section 41 of the Income Tax Act, 1961.The company intends to file an appeal before the Appellate Authority and anticipates a favorable outcome. Aeroflex Industries Limited does not expect the order to have a material financial impact.The...

Ceinsys Tech Ltd. Receives Service Order from ISRO Valued at Rs. 3.24 Crore Nagpur, India – March 27, 2026 – Ceinsys Tech Ltd. announced today that it has been awarded a service order from the Indian Space Research Organization (ISRO). The order, for product design and manufacturing of a commercial multi-user subscription, spans a three-year period and is valued at Rs. 3,24,50,000, including GST.The service order encompasses a renewal of the existing commercial multi-user subscription and represents a significant win for Ceinsys Tech Ltd.Key Details of the ISRO Service Order:ParticularsDetailsEntity Awarding OrderIndian Space Research Organization (ISRO)Service DescriptionProduct Design & Manufacturing Collection...

Rachana Infrastructure Limited Receives Order Regarding Unauthorized Excavation Rachana Infrastructure Limited announced it has received an order from the Office of the District Geologist, Geology and Mining Department, Aravalli (Modasa), Gujarat. The order, dated February 21, 2026, relates to the alleged unauthorized excavation of Ordinary Clay (Sadimati) at Survey No. 581, Rajpur (Vadagam).According to the order, the company is accused of excavating 67,195.128 MT of mineral without a valid permit, a violation of Rule 22 of the Gujarat Mineral Rules, 2017. The financial impact of the order includes a penalty of ₹1,17,59,147 and environmental compensation of ₹48,21,250, totaling ₹1,65,80,397.Rachana Infrastructure Limited has...

Procter & Gamble Health Ltd. Schedules Board Meeting to Review Financial Results and Consider Dividend Procter & Gamble Health Limited has announced a board meeting scheduled for Tuesday, May 26, 2026. The meeting will focus on reviewing the Audited Financial Statements for the financial year ended March 31, 2026, and considering a potential final dividend.The company's CIN is L99999MH1967PLC013726 and its registered office is located in Mumbai. The company website is www.pghealthindia.com.Source:

K.P. Energy Ltd. Receives Letter of Award for 91.4 MW Wind-Solar Hybrid Power Project K.P. Energy Limited announced it has received a Letter of Award (LoA) from JK Paper Limited for the development of a 91.4 MW wind-solar hybrid power project in Gujarat. The project will be executed on a complete turnkey basis, encompassing engineering, procurement, installation, and commissioning, as well as the development of evacuation infrastructure, grid connectivity, statutory and regulatory clearances, and operation & maintenance services.According to the LoA, the project will involve the BoP of the wind capacity and the complete installed capacity of the solar project. The award underscores K.P. Energy’s capabilities in integrated wind-solar...

Wakefit Innovations Ltd. Grants Employee Stock Options Wakefit Innovations Limited announced that its Nomination and Remuneration Committee approved the grant of 1,72,762 employee stock options under the 'Wakefit Employee Stock Option Plan - 2019' (WAKEFIT ESOP-2019) on March 27, 2026. The grant aligns with the provisions of the SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021.The following table details the stock option grant:ParticularsDetailsEmployee Stock Options Granted1,72,762 (One Lakh Seventy Two Thousand Seven Hundred and Sixty Two)Compliance with SEBI RegulationsYesTotal Shares Covered by Options1,72,762 Options exercisable into not more than 1,72,762 equity shares of Re. 1/- face value each...

Info Edge Approves Contribution to A88 Fund and Transfer of Stake in Shopkirana Info Edge (India) Ltd. announced on March 27, 2026, that its Board of Directors approved a contribution agreement with A88 Fund I, a scheme launched by A88 Trust, to commit up to Rs. 250 crore in aggregate, directly or through its wholly-owned subsidiaries, including Smartweb Internet Services Limited. The Board also approved the transfer of Info Edge’s entire stake in Shopkirana E Trading Private Limited to Trustroot Internet Private Limited (TIPL).As part of the transaction, Startup Investments (Holding) Limited (SIHL), a wholly-owned subsidiary of Info Edge, will transfer 60,673 shares, representing a 26.14% stake in Shopkirana, to TIPL. In exchange...

Magson Retail Opens New Store in Surat, Expanding Retail Presence Magson Retail and Distribution Limited announced the opening of a new retail store in Surat, Gujarat, on March 27, 2026. The store is located at 3 Dhanlaxmi Nivas, Near Jamnagar Bus Stop, Ghoddod road, Surat-395001 Gujarat, India.With the addition of the new store in Surat, Magson Retail’s total number of stores has increased to 40, spread across more than 10 cities in 3 states. The company has strategically expanded its retail presence with this new location.Source:

Vantage Knowledge Academy Ltd. Announces Strategic Collaboration with BFSI Sector Skill Council of India Vantage Knowledge Academy Ltd. announced a strategic collaboration with the BFSI Sector Skill Council of India (BFSI SSC) on March 27, 2026. The partnership aims to strengthen industry-aligned education and enhance employability within the Banking, Financial Services, and Insurance (BFSI) sector.Under the agreement, Vantage Knowledge Academy Ltd. will deliver structured training programs designed to meet industry needs. The company will manage student acquisition, training delivery, and pre-placement readiness initiatives. The programs will incorporate certifications in areas including Mutual Fund Distribution, Research Analysis...

Lumax Auto Technologies Limited Invests in Lumax Alps Alpine India Private Limited Lumax Auto Technologies Limited announced on Friday, March 27, 2026, that its Board of Directors approved an investment of up to Rs. 7 Crores in Lumax Alps Alpine India Private Limited (LAAIPL). LAAIPL is a Joint Venture Company.The Board meeting commenced at 12:30 P.M and concluded at 01:20 P.M.LAAIPL, incorporated on September 21, 2021, is engaged in the manufacturing of automotive power window switches, sensors and control modules. It has a manufacturing facility located in Gurugram and is based in New Delhi, India.According to its latest audited financials, LAAIPL reported a net worth of Rs. 2,634.46 Lakhs, a profit after tax of Rs. 270.52...

Quality Power Electrical Equipments Ltd. Receives Significant Order for Battery Energy Storage System Quality Power Electrical Equipments Ltd. announced that its material step-down subsidiary, ENDOKS ENERJİ ANONİM ŞİRKETİ, has secured a significant order for the supply and integration of a Battery Energy Storage System.The order, awarded by an international entity, is for approximately INR 152 Crores, with an option to increase the value up to INR 292 Crores. The project is expected to be executed by approximately December 2027.The entity awarding the order has not been disclosed due to European General Data Privacy Regulations and a Non-Disclosure Agreement.The company confirmed that neither the promoter group nor any group...

Bajaj Hindusthan Sugar Limited Allots Equity Shares on Preferential Basis March 27, 2026 – Bajaj Hindusthan Sugar Limited announced the allotment of 1,05,95,94,058 equity shares on a preferential basis to lenders of the company. The shares were allotted at a price of Rs. 5.12 per share, including a premium of Rs. 4.12. This allotment, aggregating to Rs. 542.51 crores, is a part of the company’s resolution plan and represents the conversion of a loan.The Committee of Directors approved the allotment at a meeting held on March 27, 2026. The company's paid-up equity share capital has increased from Rs. 127.74 crores, divided into 127,73,59,942 equity shares, to Rs. 233.70 crores, divided into 2,33,69,54,000 equity shares.The lenders...

Global Education Limited Expands Service Offerings, Approves Communication Policy Global Education Limited announced on March 27, 2026, the introduction of structured, student-centric service offerings. The Board of Directors approved the expansion, which includes student enrollment assistance, admission facilitation, counseling, guidance, student support services, and the supply of educational materials, stationery, and uniforms.The company stated that this initiative aims to enhance value-added services to students and create additional revenue streams, all within the existing operational framework.During a meeting of the Board of Directors held on March 27, 2026, which commenced at 12:15 Hrs and concluded at 13:20 Hrs, the board...