Markets

HDFC Life Receives Income Tax Order, Plans Appeal HDFC Life Insurance Company Limited announced it received an Income Tax Order from the Assistant Commissioner of Income Tax, Central Circle 6 (2), Mumbai on March 23, 2026. The order pertains to the Assessment Year 2023-24 (Financial Year 2022-23).The tax demand outlined in the order totals Rs. 126.46 crore, with Rs. 45.55 crore in interest and Rs. 0 in penalty.The order alleges issues including the classification of shareholders' net investment income, claims of exempt income under Section 10, deductions from shareholders' profits, disallowance under Section 14A, and treatment of marketing and advertising expenses. The company notes that these allegations have been addressed in...

Ishan Dyes and Chemicals Ltd. Announces Acquisition of Equity Shares Through Preferential Allotment Ahmedabad – Ishan Dyes and Chemicals Ltd. announced the acquisition of 4,23,280 equity shares through a preferential allotment on March 21, 2026. The acquisition, as detailed in a regulatory filing, involved the conversion of convertible equity warrants.According to a disclosure filed with the BSE Limited and National Stock Exchange of India Limited, Anilaben Piyushbhai Patel, a Promoter and Representative of Promoters Group, led the acquisition on behalf of the acquirer group, which includes Piyushbhai Natvarlal Patel, Shrinal Piyushbhai Patel, Mirali Hemantbhai Patel, and Marutbhai Dineshchandra Patel.Here’s a summary of the changes...

Vishal Fabrics Ltd. Announces General Manager (Marketing) Resignation Vishal Fabrics Ltd. announced on March 24, 2026, that Rajneesh Garg has resigned from his position as General Manager (Marketing) and Senior Management Personnel (SMP), effective March 24, 2026, due to personal reasons and other commitments.The resignation is in accordance with Regulation 16(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Details regarding the resignation are summarized below:ParticularsDetailsReason for changeMr. Rajneesh Garg resigned as a General Manager (Marketing) Senior Management Personnel (SMP) of the Company due to personal reasons and other commitments.Date of cessationResignation effective...

Quess Corp Ltd. Allots Equity Shares Under Stock Ownership Plan Quess Corp Ltd. announced today, March 24, 2026, the allotment of equity shares under the Quess Stock Ownership Plan 2020 (QSOP 2020). The Nomination and Remuneration Committee approved the exercise of Restricted Stock Units (RSUs) and the subsequent allotment.A total of 1,13,847 equity shares, each with a face value of Rs. 10, were allotted to RSU holders. These newly issued shares will rank equally with existing shares of the company.The allotment has resulted in an increase in the company’s paid-up share capital. The details are outlined below:FromTo14,92,17,607 equity shares of Rs. 10/- each aggregating to Rs. 1,49,21,76,07014,93,31,454 equity shares of Rs...

NTPC Green Energy Limited and Nxtra Data Limited Sign MoU for Renewable Energy Projects NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, announced a Memorandum of Understanding (MoU) with Nxtra Data Limited (Nxtra) on March 24, 2026, at NTPC Bhawan, New Delhi. The agreement was formalized by Sh. Sarit Maheshwari, CEO (NGEL & NTPC REL), and Sh. Ashish Arora, CEO (Nxtra).The MoU focuses on exploring collaborative opportunities for the development of Renewable Energy Projects. These projects will supply Renewable Energy (RE) Round-the-Clock (RTC) power to Nxtra Datacenters across India for captive consumption.Source:

Varun Beverages Ltd. Announces Trading Window Closure Varun Beverages Ltd. has announced the closure of its trading window for equity shares, effective April 1, 2026. This decision aligns with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015.The trading window will remain closed until 48 hours after the declaration of financial results for the quarter ending March 31, 2026. During this period, company insiders are prohibited from trading in the company’s equity shares.The date for the board meeting to declare the financial results for the quarter ending March 31, 2026, will be announced subsequently.Varun Beverages Limited follows a financial year from January 1 to December 31, as approved by the...

Dev Accelerator Limited Approves Preferential Issuance of Warrants and Equity Shares Ahmedabad – March 24, 2026 – Dev Accelerator Limited (formerly Dev Accelerator Private Limited) announced that its Board of Directors approved the issuance of convertible warrants and equity shares on a preferential basis.The board approved the issuance of up to 33,33,330 warrants, each convertible into one fully paid-up equity share of face value Rs. 2, at a price of Rs. 45 per warrant. This offering is targeted towards Mr. Shah Parth Naimeshbhai, Mr. Uttamchandani Umesh Satishkumar, and Mr. Rushit Shardulkumar Shah, promoters of the company, with a total potential value of Rs. 14,99,99,850. The warrants are exercisable within 18 months from the date...

GSP Crop Science Limited Confirms Company Secretary & Compliance Officer GSP Crop Science Limited announced that Kamleshbhai D Patel continues to serve as the Company Secretary and Compliance Officer, initially appointed as DGM-Legal and Secretarial on May 22, 2023, and subsequently as Company Secretary & Compliance Officer on January 22, 2024.According to a filing, Patel holds a bachelor's degree in business administration from North Gujarat University and a bachelor's degree in law from Gujarat University. He is a fellow member of the Institute of Company Secretaries of India. Prior to joining GSP Crop Science Limited, Patel held various roles including at I.R. Patel Law Associates, Elecon EPC Projects Limited, Meghmani Organics...

Adani Enterprises Acquires Remaining Stake in IANS India Private Limited Adani Enterprises Ltd. announced on March 24, 2026, that AMG Media Networks Limited (AMNL), a wholly-owned subsidiary of Adani Enterprises, has completed the acquisition of the remaining stake in IANS India Private Limited (IANS). The acquisition includes a 24% stake with voting rights and a 0.74% stake without voting rights, for a total cash consideration of Rs. 4.70 crore. As a result of this acquisition, IANS has become a wholly-owned step-down subsidiary of Adani Enterprises.The acquisition is described as being of strategic nature in the interest of AMNL and was conducted on an arm's length basis.Details of IANS India Private Limited:Particulars...

Vital Chemtech Limited Grants Stock Options to Employees Vital Chemtech Limited announced today, March 24, 2026, that its Nomination and Remuneration Committee has granted 2,32,300 equity stock options (ESOPs) to eligible employees under the Vital Employee Stock Option Scheme-2025. Each option has a grant price of Rs. 10.The ESOPs were granted in accordance with the SEBI (Share Based Employee Benefits) Regulations, 2021. The scheme was formulated and approved by the Company’s shareholders.A total of 2,32,300 ESOPs cover 2,32,300 Equity Shares of Rs. 10 each. Each stock option entitles the holder to apply for and be allotted one equity share. The vesting period for the options is a minimum of one year and a maximum of three years, as...

Mahindra & Mahindra Schedules Board Meeting, Announces Trading Window Closure Mahindra & Mahindra Ltd. announced that a board meeting is scheduled for May 5, 2026. The meeting will address the approval of audited standalone financial results for the fourth quarter and fiscal year ending March 31, 2026, as well as audited consolidated financial results for the same period.Furthermore, the board will consider a dividend recommendation for equity shares for the financial year concluding March 31, 2026, and matters related to the upcoming Annual General Meeting.In accordance with the company’s insider trading policy, the trading window will be closed from April 1, 2026, to May 7, 2026, inclusive. The information is also available on the...

Apeejay Surrendra Park Hotels Ltd Director Acquires Equity Shares Kolkata, India – March 24, 2026 – Apeejay Surrendra Park Hotels Limited announced that Director and Promoter, Priya Paul, acquired 28,875 equity shares, representing 0.01353% of the company's paid-up equity share capital.The acquisition occurred on March 23, 2026, through market transactions. Prior to the acquisition, Paul held 18,200 equity shares, and subsequently holds 47,075 equity shares, representing 0.02206% of the paid-up equity share capital. The total value of the transaction was 29,84,231.25.The disclosure was made in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.Name, PAN, ClN/DlN, & address with contact nos.Category of...

Vaidya Sane Ayurved Laboratories Limited Announces Trading Window Closure for Insiders Vaidya Sane Ayurved Laboratories Limited informed the National Stock Exchange of India Limited that the trading window for dealing in securities of the company will be closed for directors, officers, designated persons, and their immediate relatives. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and a circular from the NSE dated April 02, 2019.The trading window will remain closed from Wednesday, April 01, 2026, until 48 hours after the declaration of the company’s audited financial results for the quarter and year ended March 31, 2026. The date of the board meeting to approve these financial results...

Divgi TorqTransfer Systems Announces Leadership Change Divgi TorqTransfer Systems Limited announced a change in senior management personnel on March 24, 2026. Mr. Pulak Das, the current Chief Information Officer, has resigned from his position and the resignation has been accepted. His departure will be effective March 25, 2026.The reason cited for Mr. Das’s resignation is due to professional interests.A summary of the leadership change, as required by regulatory guidelines, is detailed below:Sr. No.DescriptionDetails1Reason for changeResignation due to professional interests.2Date of appointment/re- appointment, cessation (as applicable) & terms of appointment/ re-appointmentend of business hours of March 25, 2026.3Term...

J.A. Finance Limited Reviews Board and Director Performance J.A. Finance Limited announced on March 24, 2026, that its Independent Directors convened a meeting from 3:00 P.M. to 4:00 P.M. The meeting focused on evaluating the performance of Non-Independent Directors and the Board overall.Additionally, the Independent Directors assessed the Chairman's performance, considering the perspectives of both Executive and Non-Executive Directors. The evaluation also encompassed the adequacy and timeliness of information provided to the Board, ensuring its ability to effectively fulfill its duties.Simi Sen, Company Secretary for J.A. Finance Limited, provided the update. The company's stock trades on the BSE Limited under Scrip Code 543860...

Fedbank Financial Services Ltd. Allots Debentures Worth ₹450 Crores Fedbank Financial Services Ltd. announced the allotment of unsecured, rated, subordinated, listed, redeemable, non-convertible debentures for an aggregate sum of ₹450 crores on a private placement basis.The company had previously received shareholder approval for the issuance of debentures on a private placement basis not exceeding ₹2,500 crores. The Board of Directors finalized the terms for the issuance of up to 50,000 debentures with a face value of ₹1,00,000 each, aggregating up to ₹500,00,00,000. The allotment was approved through a circular resolution dated March 24, 2026.The allotment includes:25,000 debentures with a face value of ₹1,00,000 each...

Mallcom (India) Ltd. Schedules Investor and Analyst Meeting Mallcom (India) Ltd. announced a meeting with investors and analysts scheduled for Monday, March 30, 2026, at 4:00 PM. The meeting will be conducted through video conferencing as part of a Group Investor/Analyst Meet organized by Valorem Advisors.The company’s stock trades on the Bombay Stock Exchange under code 539400 and on the National Stock Exchange under symbol MALLCOM.Source:

Prodocs Solutions Limited Announces Resignation of Independent Director Prodocs Solutions Limited announced that Mr. Shashin Koradia (DIN: 00362410) has resigned from his position as an Independent Director, effective March 24, 2026. The resignation is due to personal reasons. Mr. Koradia has also stepped down from all committees of the company where he served as a chairman or member.According to Mr. Koradia's resignation letter, he has confirmed that there are no other material reasons for his departure beyond those mentioned in his resignation letter.The company expressed its appreciation for Mr. Koradia's guidance and contribution during his tenure and has accepted his resignation.Details Regarding the ResignationThe...

Prodocs Solutions Ltd. Announces Resignation of Independent Director Prodocs Solutions Limited announced on March 24, 2026, the resignation of Mr. Shashin Koradia (DIN: 00362410) from his position as an Independent Director, effective from the close of business hours on March 24, 2026. The resignation is due to personal reasons. Mr. Koradia has also stepped down from all committees of the company where he served as a chairman or member.According to Mr. Koradia’s resignation letter, he confirmed that there are no other material reasons for his departure beyond those stated.The company has acknowledged and accepted Mr. Koradia’s resignation and expressed appreciation for his guidance and contributions during his tenure.Details...

AWL Agri Business Launches 'Fortune Atta with Multigrains' to Cater to Health-Conscious Consumers National, March 24, 2026: AWL Agri Business, a leading integrated agri-business company in India, has launched 'Fortune Atta with Multigrains' to expand its presence in the value-added foods segment. The new multigrain atta variant follows the company’s introduction of 'Fortune Premium Sharbati Atta' into the premium flour market.The multigrain atta segment is experiencing growth as consumers increasingly seek nutritionally enhanced alternatives. AWL Agri Business sees this category as a strategic growth opportunity.Fortune Atta with Multigrains combines the goodness of eight grains including soy, chana, wheat, maize, fenugreek, oats...