Markets

Salem Erode Investments Ltd. Seeks Fresh Board Approval for Rights Issue Salem Erode Investments Ltd. announced on March 19, 2026, that a Board meeting is scheduled for March 24, 2026, to consider superseding a previous rights issue approval and re-approving a fund raising initiative. The company initially approved a rights issue on April 4, 2025, aiming to raise up to Rs. 5,000 Lakhs.The fresh approval seeks to pursue the rights issue under the SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2025, which simplify the process. The re-approved rights issue will now target a fund raising of Rs. 2293.11 Lakhs.The company clarified that this fresh approval does not involve a new or additional offer of equity...

Hercules Investments Ltd. Appoints Mahendrakumar Amritlal Gohel as Independent Director Hercules Investments Ltd. announced the appointment of Mahendrakumar Amritlal Gohel as an Additional Director (Non-Executive Independent) on March 19, 2026. The appointment was approved by the Board of Directors and will take effect from March 19, 2026, with a term lasting until March 18, 2031, pending approval from the company's shareholders.Mr. Gohel, aged 66, holds a Bachelor of Commerce (Hons.) degree from the University of Mumbai and is a Fellow Member of the Institute of Chartered Accountants of India since 1992. He is a Partner at AMJ & Co. Chartered Accountants, bringing over 40 years of experience in finance, taxation, and commercial...

Sanofi Consumer Healthcare India Ltd. Schedules Investor Meetings Sanofi Consumer Healthcare India Ltd. announced an upcoming meeting with institutional investors on Tuesday, March 24, 2026. The meeting, categorized as a group interaction, will be held physically in Mumbai.According to the company, no unpublished price sensitive information will be discussed during the meeting, and the schedule is subject to change due to unforeseen circumstances. Details of the meeting were shared in compliance with SEBI’s Listing Obligations and Disclosure Requirements. The information will also be available on the company's website at www.sanofi.in.Source:

Highway Infrastructure Limited Receives Work Order Valued at ₹14.60 Crore Highway Infrastructure Limited announced it has received a work order from Sacham Highway Real Estates Private Limited for construction and development work at the ‘Beverly Greens’ residential colony project. The total value of the work order is approximately ₹14.60 crore, subject to variation based on site conditions, plus applicable Goods and Services Tax (GST).The project, located in Village Tillore Khurd, Indore, involves construction and development work across several plots with Khasra numbers including 24/4, 24/3, 36/3, and others. The work is expected to be completed within two years.Promoter group companies have an interest in Sacham Highway Real...

ASGARD ALCOBEV LIMITED Appoints New Directors and Executives ASGARD ALCOBEV LIMITED, formerly known as Banganga Paper Industries Limited, announced several key appointments following a Board of Directors meeting held on March 19, 2026.The Board appointed Mr. Ronak Jain as an Additional Director (Executive, Non-Independent) and subsequently as Managing Director (Executive Director), pending shareholder approval. Ms. Priyanka Jain was also appointed as an Additional Director (Non-Executive, Non-Independent). Additionally, Mr. Binit Singhania was appointed as an Additional Director (Finance Director) (Executive, Non-Independent) and as Chief Financial Officer.The meeting of the Board of Directors commenced at 4:00 PM and concluded at...

Harish Textile Engineers Limited Receives Statement of Claim from Deep Industries Harish Textile Engineers Limited announced on March 19, 2026, that it received a Statement of Claim from M/s. Deep Industries via post on March 18, 2026. The claim, received through the claimant’s advocate, is related to ongoing arbitration proceedings initiated by Deep Industries under Section 18(3) of the Micro, Small and Medium Enterprises Development Act, 2006.The Statement of Claim pertains to alleged delayed payments, including interest, as claimed under the provisions of the MSMED Act, 2006. The claimant alleges an amount of Rs. 97,59,128, including Rs. 72,08,743 in interest, is payable.The company is currently reviewing the contents of the...

Uttam Sugar Mills Ltd. Obtains Shareholder Approval for Preference Share Redemption Extension Uttam Sugar Mills Ltd. announced on March 19, 2026, that holders of its 6.50% Non-Cumulative Redeemable Preference Shares and 10.00% Non-Cumulative Redeemable Preference Shares have approved the extension of the redemption period for the preference shares.The special resolution for the extension was passed by preference shareholders with the requisite majority through a postal ballot process. A Scrutinizer was appointed to oversee the voting process, as per Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.According to the postal ballot results:6.50% Non-Cumulative Redeemable Preference Shares...

TCS and ABB Strengthen Strategic IT, AI, and Engineering Partnership MUMBAI, March 19, 2026: Tata Consultancy Services Limited (TCS) (BSE: 532540, NSE: TCS) announced today the signing of a Memorandum of Understanding (MoU) with ABB to strengthen the two companies' strategic collaboration across IT infrastructure and applications, digital and industrial AI initiatives, data centres, and other emerging technologies. The MoU reflects the Parties' shared intent to drive innovation, operational resilience, and sustainable growth through a long-term partnership approach.The partnership combines ABB’s industrial leadership with TCS' advanced AI, data, and engineering capabilities to enable next-generation infrastructure and enterprise...

Dev Labtech Venture Ltd. Announces Board Meeting and Key Proposals Dev Labtech Venture Ltd. has scheduled a Board of Directors meeting for March 27, 2026, at 3:00 p.m. at the company's Surat office. The meeting agenda includes several significant proposals for shareholder consideration.The Board will consider and potentially approve an increase in the company’s authorized share capital, accompanied by amendments to the Memorandum of Association’s capital clause. Additionally, the Board will review a proposal to alter the Memorandum of Association’s object clause.Shareholders may also see changes to the company’s share structure, as the Board plans to consider a proposal for the sub-division or split of existing equity shares. A...

Adani Enterprises Converts Shares Following Rights Issue Payment Adani Enterprises Limited announced the conversion of equity shares following the receipt of payments related to its rights issue. The decision, approved by the Rights Issue Committee of the Board of Directors on March 19, 2026, involves the conversion of 13,74,74,268 partly paid-up equity shares into fully paid-up equity shares.The partly paid-up shares, initially carrying a face value of ₹ 1.00 each and 75% paid-up (₹ 0.75 of the face value and ₹ 1,349.25 premium), have been converted into fully paid-up equity shares with a face value of ₹ 1.00 each and an ISIN of INE423A01024.The conversion specifically pertains to the Call Monies received through the ASBA facility...

Sun Retail Ltd. Announces Resignation of Non-Executive Director Sun Retail Ltd. announced on March 19, 2026, the resignation of Non-Executive Director, Mr. Rakesh Nareshchandra Kapadia, effective the same date. Mr. Kapadia’s departure from the company is attributed to personal reasons.Below is a summary of the details regarding the change, as required by regulatory guidelines:Director Resignation DetailsParticularsDetailsDirector NameMr. Rakesh Nareshchandra KapadiaReason for ResignationPersonal ReasonsResignation Effective DateMarch 19, 2026Prior Tenure Start DateNot SpecifiedMr. Kapadia expressed gratitude to the management and fellow directors for their support during his tenure and wished the company...

Zenith Exports Ltd. Announces Resignation of Independent Director Zenith Exports Ltd. announced on March 19, 2026, the resignation of Mr. Subhajeet Kar from the position of Non-Executive, Independent Director, effective immediately. Mr. Kar’s resignation also extends to his membership in the Audit Committee and Stakeholders Relationship Committee of the company.Mr. Kar cited personal reasons for his departure. According to his resignation letter, he currently serves as an Independent Director at Zenith Exports Limited, holding membership in both the Audit Committee and the Stakeholders Relationship Committee.As of March 19, 2026, Mr. Kar held directorships in the following listed entity:Listed EntityCategory of DirectorshipBoard...

Shanti Gold International Ltd. Re-appoints Directors, Increases Remuneration Shanti Gold International Ltd. announced that its Board of Directors approved the re-appointment of Mr. Pankajkumar Jagawat and Mr. Manojkumar Jain at a meeting held on March 19, 2026.Mr. Pankajkumar Jagawat will continue as Managing Director for a period of 5 years, from September 01, 2026, to August 31, 2031. His remuneration has also been increased, effective February 01, 2026. Similarly, Mr. Manojkumar Jain was re-appointed as Whole-time Director for 5 years, from September 01, 2026, to August 31, 2031, with an increase in remuneration effective February 01, 2026. Both appointments are subject to shareholder approval through a Postal Ballot.The Board...

Dev Labtech Venture Limited Announces Trading Window Closure Dev Labtech Venture Limited has announced the closure of its trading window for securities, effective March 19, 2026. The closure is in compliance with the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct.The trading window will remain closed until 48 hours after the announcement of the outcome of a board meeting scheduled for March 27, 2026. This measure is standard practice to prevent potential insider trading.Dev Labtech Venture Limited is listed on the BSE SME platform with Scrip Code 543848, Scrip ID DEVLAB, and ISIN INE0NIJ01017.Source:

S. Aravindan Acquires Shares in W. S. Industries (India) Ltd. Chennai – March 19, 2026 – S. Aravindan, a promoter of W. S. Industries (India) Ltd., has acquired shares in the company on March 17th and 18th, 2026, according to a regulatory filing.The acquisition involved 31,300 shares through open market transactions. Prior to the acquisition, S. Aravindan, acting in concert, held 45,93,018 shares, representing 6.052% of the total share/voting capital. Following the acquisition, his holding increased to 46,24,318 shares, or 6.093% of the total share/voting capital. S. Aravindan also holds 5,00,000 warrants, representing 4.93% of the total diluted share/voting capital.W. S. Industries (India) Ltd.'s total equity share capital before...

Primo Chemicals Limited Announces Outcomes of Extraordinary General Meeting Primo Chemicals Limited (BCL) held its 2nd Extraordinary General Meeting (EGM) for the fiscal year 2025-26 on Thursday, March 19, 2026, at 12:30 PM (IST) via video conferencing and other audio-visual means. The meeting concluded at 12:51 PM (IST). Mr. Mahendra Kumar Sharda chaired the meeting.Shareholders were provided with remote e-voting facilities through the NSDL E-voting platform from March 16, 2026, at 9:00 AM (IST) to March 18, 2026, at 5:00 PM (IST). Voting rights were based on shareholding as of March 12, 2026.The following resolutions were transacted at the EGM:S. No.Agenda ItemType of Resolution1.Appointment of Ms. Sonika Aggarwal (DIN...

BCL Enterprises Ltd. Holds Extraordinary General Meeting, Approves Key Appointments and Loan Approval BCL Enterprises Ltd. convened its 2nd Extraordinary General Meeting (EGM) on March 19, 2026, via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting commenced at 12:30 PM (IST) and concluded at 12:51 PM (IST), chaired by Mr. Mahendra Kumar Sharda.Shareholders were provided with remote e-voting facilities through NSDL E-voting platform from March 16, 2026, at 9:00 AM (IST) to March 18, 2026, at 5:00 PM (IST). Voting rights were based on shareholding as of March 12, 2026.Key resolutions passed at the EGM include:S. No.Agenda ItemType of Resolution1.Appointment of Ms. Sonika Aggarwal (DIN: 11534586) as Non -...

B. L. Kashyap & Sons Limited Announces Transmission of Shares and Promoter Group Update B. L. Kashyap & Sons Limited announced today, March 19, 2026, the transmission of shares following the passing of a member of the Promoter Group. The shares, previously held by Mrs. Aradhana Kashyap, have been transferred to Mr. Saurabh Kashyap.The transmission involved 76,968 shares.Following the passing of Mrs. Aradhana Kashyap, she has ceased to be classified as a member of the Promoter Group, in accordance with SEBI regulations. Mr. Saurabh Kashyap will continue to be classified as a member of the Promoter Group.The company's ISIN Code is INE350H01032. The stock trades on the BSE under Scrip Code 532719 and Trading Symbol BLKASHYAP. This...

Shreeji Shipping Global Ltd. Appoints Additional Director Shreeji Shipping Global Limited announced the appointment of Ms. Mayuri Bipinbhai Rupareliya as an Additional Director (Non-Executive Independent Director), effective March 19, 2026. The appointment was recommended by the Nomination and Remuneration Committee. Ms. Rupareliya’s appointment as a Non-Executive Independent Director is for a term of 5 years, subject to shareholder approval at a future general meeting or within 3 months.Ms. Rupareliya, holding DIN: 09696908, is a Practicing Company Secretary with over 8 years of experience. She holds a Bachelor's degree in Commerce.The Board meeting took place on March 19, 2026, commencing at 3:30 PM (IST) and concluding at 4:10 PM...

Onix Renewable Limited Acquires 70,00,000 Shares of Sarda Proteins Ltd. Onix Renewable Limited has acquired 70,00,000 shares of Sarda Proteins Limited through a preferential allotment upon the conversion of warrants into equity shares. The acquisition, completed on March 18, 2026, represents 77.99% of the target company’s share and voting capital.Prior to the acquisition, Onix Renewable Limited held no shares in Sarda Proteins Limited. Following the acquisition, Onix Renewable Limited’s holdings total 70,00,000 shares, constituting 77.99% of the company’s share and voting capital.Sarda Proteins Limited’s equity share capital was 17,25,900 shares, with a total voting capital of 1,72,59,000. The acquisition has increased the company’s...