Markets

John Cockerill India Limited Secures Extension for Purchase Price Advance John Cockerill India Limited has received a second waiver extending the deadline for a purchase price advance related to the acquisition of John Cockerill Metals International SA, Belgium. The extension, granted by John Cockerill SA, the parent company, allows the payment of the €5,000,000 (Euro Five Million) advance until June 30, 2026.The acquisition, initially announced in December 2025, aims to consolidate and enhance the metals business operations of the John Cockerill Group within John Cockerill India Limited. The total consideration for the acquisition is approximately Euro 50 million.Part I of the transaction, which entailed the transfer of the...

RailTel Corporation of India Ltd. to Host Investor Meet in Mumbai RailTel Corporation of India Ltd. announced it will participate in a Non-Deal Roadshow with various investors in Mumbai on Monday, March 30, 2026. The roadshow will be held in Mumbai.According to a company statement, no Unpublished Price Sensitive Information is expected to be shared during the investor meeting.The announcement was made on March 23, 2026, and references Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.J.S. Marwah, Company Secretary and Compliance Officer, Membership No. FCS 8075, signed the announcement on behalf of RailTel Corporation of India Ltd.Source:

Golden Legand Leasing & Finance Ltd. Announces Resignation of Chief Executive Officer Golden Legand Leasing & Finance Ltd. announced that Jayanta Roy has resigned from his position as Chief Executive Officer (CEO), effective March 23, 2026. The resignation is attributed to personal reasons.Roy confirmed that there are no other material reasons for his departure beyond those stated.Key Details of the Resignation:DetailInformationEventResignation of CEOPersonnelMr. Jayanta Roy, Chief Executive OfficerEffective DateMarch 23, 2026ReasonPersonal reasonsA resignation letter from Mr. Roy has been submitted.Source:

Suzlon Energy Ltd. Reports Material Price Movement Suzlon Energy Ltd. experienced a Material Price Movement in its scrip on March 23, 2026, at 12:22 p.m. The company was unable to identify a specific event or information in mainstream media that triggered the price fluctuation. The notification was provided to the National Stock Exchange of India Limited and BSE Limited for the information of members and the public.Source:

Aditya Ispat Limited Appoints Vemula Jalaprasad as Additional and Executive Director Aditya Ispat Limited announced changes to its board of directors following a meeting held on March 23, 2026. Mrs. Usha Chachan resigned from her position as Director, effective March 20, 2026.The Board of Directors approved the appointment of Mr. Vemula Jalaprasad as an Additional Director, effective March 23, 2026, with a term until the conclusion of the next Annual General Meeting. Subsequently, the Board appointed Mr. Jalaprasad as an Executive Director for a three-year period, commencing March 23, 2026, pending shareholder approval at the next Annual General Meeting.Mr. Jalaprasad holds a Postgraduate degree in Structural Engineering from...

Oasis Securities Ltd. Announces CFO Resignation, Executive Director Role Continues Oasis Securities Ltd. announced that Devi Dutt Agarwal has resigned from his position as Chief Financial Officer (CFO), effective March 23, 2026. Agarwal, who also serves as a Whole-Time Director, will continue in his capacity as an Executive Director.The resignation is attributed to personal reasons requiring a reduction in professional commitments. Agarwal confirmed no other material reasons for the resignation.According to a filing, Devi Dutt Agarwal’s Director Identification Number (DIN) is 10631960.The company expressed gratitude to Agarwal for his contributions and stated he will remain involved in his Executive Director role.Table: Details...

Ad-Manum Finance Ltd. Proposes Director Appointments Pending RBI Approval Ad-Manum Finance Limited announced on March 23, 2026, that its Board of Directors has approved the proposal to appoint Ms. Neha Singh and Mr. Pramod Kishore Shrivastava to its board, subject to Reserve Bank of India (RBI) approval and subsequent shareholder approval.Ms. Neha Singh will serve as a Whole-Time Director, while Mr. Pramod Kishore Shrivastava will be appointed as a Director (Non-Executive) and Chairman. Mr. Shrivastava’s DIN is 01023565 and Ms. Singh’s DIN is 11522197.The company is currently in the process of submitting an application to the RBI for the necessary approvals. A subsequent board meeting will be held following RBI approval to finalize...

S. M. Gold Ltd. Announces Adjustments to Proposed Rights Issue S. M. Gold Ltd. announced adjustments to the terms and conditions of its proposed rights issue on March 23, 2026, following a meeting of the Board of Directors. The meeting, which commenced at 4:00 P.M. (IST) and concluded at 6:00 P.M. (IST), also addressed the resignation of the Company Secretary and Compliance Officer.The adjustment involves an unsecured loan from a promoter being converted to equity against their rights entitlement. This modification does not affect the issue price, issue size, or rights entitlement ratio.S. M. Gold Ltd. plans to issue up to 26,475,024 fully paid-up equity shares of face value ₹ 10 each, totaling ₹ 2647.50 Lakhs. The issue price is...

Hindalco Industries Schedules Board Meeting, Announces Trading Window Closure Hindalco Industries Ltd. announced that a meeting of its Board of Directors is scheduled for Friday, May 22, 2026. The meeting will address the approval of the company’s standalone and consolidated financial results for the quarter and year ending March 31, 2026. The board will also consider a dividend recommendation for the financial year concluding March 31, 2026.In connection with these proceedings, the trading window for company securities will be closed starting Wednesday, April 1, 2026, and will reopen on Monday, May 25, 2026. This measure is in place to prevent insider trading.Hindalco Industries plans to host an earnings conference call to discuss...

Yarn Syndicate Ltd. Revises Record Date and Call Payment Period Yarn Syndicate Ltd. announced revisions to its record date and call payment period following a meeting of its Board of Directors held on Monday, March 23, 2026. The meeting commenced at 5:00 p.m. (IST) and concluded at 6:00 p.m. (IST).The record date for ascertaining holders of partly paid-up equity shares has been revised to Friday, April 10, 2026, shifting from the previously announced Friday, March 27, 2026.Additionally, the call payment period will now be open from Monday, May 4, 2026, and close on Monday, May 18, 2026, replacing the initial dates of Monday, April 6, 2026 and Tuesday, May 5, 2026.The changes are due to prevailing unfavourable market conditions...

Bheema Cements Ltd. Announces Board Meeting Outcomes, Approves Annual General Meetings Bheema Cements Ltd. announced outcomes from a board meeting held on March 23, 2026. The board approved notices for the 44th, 45th, and 46th Annual General Meetings (AGM) of the company.The 44th AGM will be held on April 27, 2026, at 11:00 AM via video conferencing or other audio-visual means. The 45th AGM is scheduled for the same date at 12:30 PM, also via video conferencing or other audio-visual means. The 46th AGM will follow at 02:30 PM on April 27, 2026, using the same format.The company appointed M/s Surabhi Agrawal & Associates as the Scrutinizer for the e-voting process for the 45th and 46th AGMs. M/s. Surabhi Agrawal & Associates was also...

Akshay Dhar Acquires Shares in DCM Shriram Fine Chemicals Ltd. DCM Shriram Fine Chemicals Ltd. announced that Akshay Dhar has acquired shares from Tilak Dhar & Sons on March 30, 2026. The acquisition, amounting to 252,706 shares, represents 0.29% of the company’s share capital.This transaction falls under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, exempting the acquirer from making an open offer. The acquisition is part of a distribution of assets by the HUF and involves a transfer among promoters.Promoter Shareholding Details As of March 24, 2026, the promoter shareholding in DCM Shriram Fine Chemicals Ltd. was as follows:SHAREHOLDERSSHAREDHOLDING (Nos.)SHAREDHOLDING...

Clean Max Enviro Energy Solutions Ltd. Issues Corporate Guarantee for Subsidiary Mumbai – March 24, 2026 – Clean Max Enviro Energy Solutions Ltd. has issued a corporate guarantee for its subsidiary, Clean Max Sphere Energy Private Limited.The guarantee, provided in favor of a lender, covers credit facilities of up to Rs. 752 crores. According to details released, the transactions are conducted on an arm’s length basis, and no promoters, promoter groups, or group companies have an interest in this transaction.Clean Max Sphere Energy Private Limited is a 74% subsidiary of Clean Max Enviro Energy Solutions Ltd. The company noted that the corporate guarantee represents a contingent liability. Currently, the guarantee has no impact on...

Tata Power Executes Supplementary Power Purchase Agreement for Mundra Plant Tata Power Company Limited announced the execution of a Supplementary Power Purchase Agreement (PPA) for the Tata Power Mundra Plant with GUVNL (Gujarat). The agreement will also be executed with the states of Maharashtra, Rajasthan, Punjab, and Haryana.The announcement was made on March 24, 2026.Source:

Ujjivan Small Finance Bank Reaffirms Credit Ratings with CARE Ratings Ujjivan Small Finance Bank Limited (USFB) announced that Care Ratings Ltd. has reaffirmed its ratings as part of a press release dated March 23, 2026. The reaffirmation considers the bank’s comfortable capitalization and improving scale of its loan book, supported by increasing diversification.Here's a breakdown of the reaffirmed ratings:Facilities/InstrumentsAmount (Rs. Crores)RatingRating ActionLong-term bank facilities500CARE AA-; StableRe-affirmedSubordinated non-convertible debentures500CARE AA-; StableRe-affirmedFixed Deposit10000CARE AA-; StableRe-affirmedAccording to Care Ratings, USFB’s advances rebounded to 15% in 9MFY26, led by sustained...

HDFC Bank Appoints External Law Firms to Review Director’s Resignation HDFC Bank Limited announced on March 24, 2026, the appointment of external law firms to review the resignation letter of Mr. Atanu Chakraborty, who stepped down as Part-time Chairman and Independent Director on March 18, 2026.The Board of Directors approved the appointment of the law firms at a meeting held on March 23, 2026, as a proactive measure to reinforce the bank’s governance standards. The law firms are expected to submit their report within a reasonable timeframe.According to the bank, Mr. Chakraborty did not cite any occurrences or practices that conflicted with his personal values and ethics during his tenure.Ajay Agarwal, Company Secretary and...

Phantom Digital Effects Limited Announces Resignation of Independent Director Phantom Digital Effects Limited announced the resignation of Mr. Manjit Singh Parmar (DIN: 07511020) from his position as Non-Executive Independent Director, effective March 18, 2026. Mr. Parmar’s resignation is attributed to his planned relocation abroad.As a result of his departure, Mr. Parmar has also resigned from his roles as Chairman of the Audit Committee, and as a member of the Nomination & Remuneration Committee, Stakeholder Relationship Committee, and Corporate Social Responsibility Committee.The company expressed appreciation for Mr. Parmar’s contributions and guidance during his tenure.Details of the Resignation:Disclosure...

IRIS RegTech Solutions Announces Contract Win in Brazil for ESG Reporting Solutions IRIS RegTech Solutions Limited announced that its strategic partner in Brazil, MZ Consult - Serviços e Negócios Ltda ("MZ"), has secured a mandate from a leading Oil and Gas Company in Brazil. The mandate is for Disclosure Management and ESG Reporting solutions, with IRIS Carbon selected as the platform.The contract, a multi-year licensing agreement, is expected to be executed in Fiscal Year 2027. The transaction is described as being in the ordinary course of business for the company. The contract value remains confidential.According to a declaration provided, neither the company nor its promoters or group companies have any interest in MZ Consult -...

Bhandari Hosiery Exports Limited Announces Allotment of Shares in Rights Issue Bhandari Hosiery Exports Limited announced the allotment of 9,29,06,781 equity shares following a rights issue. The allotment was approved by the Rights Issue Committee at a meeting held on March 23, 2026.Shares were issued at a price of Rs. 2.56 per share, including a share premium of Rs. 1.56. The allotment process was finalized in consultation with the BSE Limited and the Registrar to the Issue, aligning with the Letter of Offer dated February 19, 2026.The company is set to initiate the listing process for the newly allotted shares. As a result of this allotment, the paid-up equity share capital of the company has increased from Rs. 24,00,49,652 to Rs...

Capri Global Capital Limited Approves ₹20,000 Million Debenture Shelf Capri Global Capital Limited announced March 23, 2026, that its Management Committee has approved a draft shelf prospectus for a public issue of secured, rated, listed, redeemable, non-convertible debentures. The total issue amount is capped at ₹20,000 million, to be issued in one or more tranches.The debentures will have a face value of ₹1,000 each. The draft shelf prospectus has been filed with the BSE Limited and forwarded to the Securities and Exchange Board of India. Investors can access the prospectus at http://capriloans.in/investors/draft-shelf-prospectus.Source: