Markets

Pondy Oxides & Chemicals Schedules Meeting with Muddy Waters Capital Pondy Oxides & Chemicals Limited announced a scheduled meeting with Muddy Waters Capital LLC. The meeting is planned for Wednesday, March 25, 2026, and will be held in Chennai.The company noted that the meeting schedule is subject to change due to unforeseen circumstances. No unpublished price sensitive information is anticipated to be shared during the meeting.DateName of the Broking House/Institutional InvestorType of MeetingLocationWednesday, 25th March 2026Muddy Waters Capital LLCPhysicalChennaiSource:

AVI Polymers Ltd. Allots Shares Following Rights Issue AVI Polymers Ltd. announced the allotment of 8,99,95,400 equity shares at a price of ₹10 per share, completing the rights issue initiated on February 13, 2026. The allotment was finalized in consultation with BSE Limited (BSE), the designated stock exchange, and the registrar to the issue.The total value of shares allotted amounts to ₹89,99,54,000.Monitoring Agency Appointment The company’s board has appointed Brickwork Ratings India Private Limited as the monitoring agency for the utilization of funds raised through the rights issue. This appointment adheres to Regulation 32 of the SEBI (LODR) Regulations, 2015, and other applicable SEBI guidelines. The board intends that this...

Aditya Birla Lifestyle Brands Limited Faces Demand Orders from Tax Authority Aditya Birla Lifestyle Brands Limited announced that H.S. Govardhana Rao, Assistant Commissioner of the East Division-5 Bangalore-East Commissionerate, issued multiple orders on March 16, 2026. The orders, received March 17, 2026, pertain to business operations that were demerged from Aditya Birla Fashion and Retail Limited, effective May 1, 2025.The orders relate to demand proceedings concluding audits and show cause notices concerning the reversal of Input Tax Credit (ITC) on inventory written off or shrinkage and Fixed Assets write-off.Here's a breakdown of the demand details:ParticularsDetailsDetailsDetailsTax₹ 1,57,30,210₹ 1,88,23,086...

Asian Paints Limited Receives Trading Plan Approval from Promoter Group Entity Asian Paints Limited announced the approval of a trading plan submitted by Geetanjali Trading and Investments Private Limited, a company forming part of the Promoter(s)/Promoter Group, on March 19, 2026.Geetanjali Trading and Investments Private Limited, which holds a 4.77% stake in Asian Paints Limited as of the date of the plan, intends to execute a trading strategy involving the pledge of equity shares and the purchase of additional shares. The company is a Core Investment Company ("CIC") registered with the Reserve Bank of India.The approved trading plan details the following transactions:DetailDescriptionApplicantGeetanjali Trading and...

Deep Industries Ltd. Receives Amendment Revoking Provisional Suspension for Select Services Deep Industries Limited announced on March 19, 2026, that it has received an amendment clarifying the scope of a previously imposed provisional suspension of business dealings. The amendment, dated March 19, 2026, excludes Gas Compression services, Gas Dehydration Services, Hiring Services of GCP plus GDU, Hiring Services of DPDU, Hiring of 1000 HP Drilling Rig services and Hiring of onshore Rigs of 100 MT from the suspension.The company stated that the provisional suspension has now been revoked for these specified services. Deep Industries Limited maintains its belief that the initial suspension was unwarranted and expressed confidence in...

Eveready Industries India Ltd. Reports Voting Results of Postal Ballot Eveready Industries India Ltd. announced that all resolutions proposed in the Postal Ballot Notice dated February 5, 2026, were passed by shareholders with the requisite majority on February 18, 2026. The results were determined following a remote e-voting process.A. K. Labh & Co., Company Secretaries, served as the Scrutinizer for the voting process. The voting results, along with the Scrutinizer’s Report, are available on the company's website at www.evereadyindia.com and the National Securities Depository Limited's website at www.evoting.nsdl.com. The results were also made available on the Registered Office notice board.Key Resolutions and Voting Results...

JK Cement Increases Capacity at Muddapur Plant JK Cement Ltd. announced an increase in cement grinding capacity at its JK Cement Works in Muddapur, Karnataka, effective March 19, 2026. The capacity was raised by 1.00 MnTPA, increasing the total capacity from 3.50 MnTPA to 4.50 MnTPA. The clinker capacity at the facility is 2.64 MnTPA.The expansion was achieved through debottlenecking and optimization of the existing production system.As a result of this expansion, JK Cement's overall grey cement production capacity now stands at 32.26 MnTPA, encompassing the capacity of its subsidiary companies.Source:

Counter Cyclical Investments Private Limited Discloses Change in DHP India Ltd. Shareholding Nagpur – Counter Cyclical Investments Private Limited, acting as a portfolio manager, reported a change in its shareholding in DHP India Limited as of March 18, 2026, according to a filing. The firm, along with its clients, held 258,334 shares, representing 8.61% of the total share and voting capital, and 8.61% of the total diluted share and voting capital of DHP India Limited prior to the acquisition.Subsequently, the firm acquired 5,167 shares through open market transactions, increasing its total holding to 263,501 shares. This represents 8.78% of the total diluted share and voting capital of DHP India Limited.DHP India Limited’s total...

ICICI Bank Receives Goods and Services Tax Demand of ₹384.34 Crore ICICI Bank Limited announced on March 19, 2026, that it received an order under Section 74 of the Maharashtra Goods and Services Tax Act, 2017. The order, issued by the Additional Commissioner of CGST and CEx., Mumbai East Commissionerate, involves a Goods and Services Tax (GST) demand of ₹384,33,53,972, along with an equivalent amount of penalty and interest. This demand relates to services provided by the bank to customers maintaining specified minimum balances in their accounts.The bank is currently engaged in litigation, including a writ petition, concerning similar issues raised in prior orders and Show Cause Notices. The aggregate amount involved in the current...

Eureka Forbes Schedules Investor Road Show in Singapore Eureka Forbes Limited announced its participation in a Non-Deal Road Show organized by UBS Securities in Singapore. The event is scheduled for March 24, 2026, and March 25, 2026, and will be conducted as one-on-one meetings.During the road show, Eureka Forbes may present its Q3FY26 results and/or Investor Day presentation. The schedule is subject to change due to unforeseen circumstances.Shilpa Jain, Company Secretary & Compliance Officer for Eureka Forbes Limited, disclosed the details of the investor meet.Source:

NBCC to Execute ₹5,800 Crore Rajasthan Mandapam & Allied Infrastructure Project Jaipur is set for a significant infrastructure boost as NBCC (India) Limited will execute the Rajasthan Mandapam Convention Centre and allied urban development and innovation projects, amounting to ₹5,800 crore. The announcement followed a Cabinet approval from the Government of Rajasthan.The project’s scope was expanded from a previous value of approximately ₹3,700 crore. RIICO (Rajasthan State Industrial Development & Investment Corporation) is the client for the work.The project, near Jaipur International Airport, will span over 90 acres with a total built-up area of more than 94.53 lakh sq.ft. It will feature a convention centre (over 9 lakh sq.ft.)...

Titagarh Rail Systems to Form Joint Venture for Vande Bharat Train Maintenance, Provides Guarantee for Subsidiary Titagarh Rail Systems Ltd. announced on March 19, 2026, the formation of a joint venture company with Bharat Heavy Electricals Limited (BHEL) as a special purpose vehicle for maintenance obligations of Vande Bharat Trains. This initiative is part of a consortium agreement with the Ministry of Railways, Government of India (GOI), and aligns with the “Make-in-India” and “Atma Nirbhar Bharat” programs. Umesh Chowdhary, Vice Chairman and Managing Director of Titagarh Rail Systems, is authorized to finalize the joint venture agreement and nominate a representative.Separately, the Board approved providing a corporate guarantee...

Aditya Birla Lifestyle Brands Limited Receives Orders Regarding GST Demand Aditya Birla Lifestyle Brands Ltd. announced receipt of multiple orders dated March 16, 2026, from H.S. Govardhana Rao, Assistant Commissioner, East Division-5 Bangalore-East Commissionerate. The orders, while formally addressed to Aditya Birla Fashion and Retail Limited (ABFRL), relate to the business of Aditya Birla Lifestyle Brands Limited, which was demerged from ABFRL and became effective May 1, 2025.The orders pertain to demand notices issued under OIO numbers 325/GST/AC/ED5/2026, 324/GST/AC/ED5/2026, and additional related orders. The demands are related to disputes regarding the reversal of Input Tax Credit (ITC) on inventory written off / shrinkage for...

Nesco Limited Reaches ₹1,000 Crore Revenue Milestone Nesco Limited announced it has achieved a revenue of ₹1,000 crore in the current financial year. The company cited strong growth momentum and operational performance as contributors to this milestone.This achievement represents a significant step in the company’s growth journey.Source:

Kilburn Engineering Ltd. Announces Resignation of Non-Executive Director Kilburn Engineering Ltd. announced on March 19, 2026, that Aditya Khaitan has resigned from his position as Non-Executive Director, effective March 19, 2026, due to other commitments.Khaitan's resignation is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Details of ResignationParticularsDetailsReason for ChangeResignation due to other commitmentsDate of CessationMarch 19, 2026The company’s website, www.kilburnengg.com, will host the resignation letter.Source:

Punjab Communications Ltd. Appoints New Managing Director Punjab Communications Ltd. (PCL) announced the appointment of Harsuhinder Pal Singh Brar, IAS, as Managing Director, effective March 10, 2026. The appointment replaces Parminder Pal Singh Sandhu, IAS.The decision was approved by the Board during a meeting held on March 19, 2026. Brar was nominated to the role by Punjab Infotech, the company's holding company.Key Details of Harsuhinder Pal Singh Brar, IAS:ParticularsHarsuhinder Pal Singh Brar, IASDIN No.02987207ChangeAppointmentReason for AppointmentNomination by Punjab InfotechDate of AppointmentMarch 10, 2026Brar is currently serving as Director, Higher Education, Punjab, and as Managing Director of...

Amara Raja Energy & Mobility Postpones Investor Meeting Amara Raja Energy & Mobility Limited announced the cancellation of a scheduled meeting with IIFL Capital, originally planned for March 19, 2026, at 4:00 PM IST. The meeting was to be held as an update to previously communicated plans from March 14, 2026. The cancellation was attributed to unforeseen circumstances.Vikas Sabharwal, Company Secretary & Vice President-Legal, confirmed the postponement.Source:

Ecoplast Ltd. Announces Trading Window Closure Ecoplast Ltd. has announced the closure of its trading window for designated individuals, effective April 1, 2026. This action is in accordance with the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulation, 2015, and the company’s Code of Conduct on Insider Trading.The trading window will remain closed until 48 hours after the Board Meeting where the audited financial results for the quarter and year ended March 31, 2026, are reviewed and approved. The company is registered office is located at National Highway No.8, Water Works Cross Road, Abrama-Valsad 396001, Gujarat. Ecoplast Ltd.’s scrip code on the BSE Limited is 526703.Source:

Bharat Heavy Electricals Limited Board Approves Joint Venture, Investment in BCGCL, and Plant Mergers Bharat Heavy Electricals Limited (BHEL) announced several key decisions following a board meeting held on March 19, 2026. The meeting commenced at 1:11 PM and concluded at 2:40 PM.BHEL has authorized a Joint Venture (JV) agreement with Titagarh Rail Systems Limited to provide comprehensive maintenance for Vande Bharat Sleeper Trains. Clearance from DIPAM is pending, after which the JV agreement will be finalized. Specific details regarding the JV will be disclosed upon signing.The company also approved an investment of ₹3064.46 crore in Bharat Coal GasificaƟon and Chemicals Limited (BCGCL), a joint venture with Coal India Limited...

Bhoruka Supply Chain Solutions Holdings Limited Acquires Shares in Transport Corporation of India Ltd. Bhoruka Supply Chain Solutions Holdings Limited disclosed the acquisition of equity shares in Transport Corporation of India Limited on March 18, 2026, according to a filing submitted to the BSE Limited and National Stock Exchange of India Limited.The acquisition resulted in a change in the holding of shares carrying voting rights. Prior to the transaction, Bhoruka Supply Chain Solutions Holdings Limited held 3,38,60,999 shares, representing 44.1221% of the total share/voting capital and 44.1221% of the total diluted share/voting capital of Transport Corporation of India Limited.The company acquired 1,035 shares through open market...