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Hind Rectifiers Ltd. Announces Effective Date for Bonus Share Listing
Hind Rectifiers Ltd. Announces Effective Date for Bonus Share Listing Hind Rectifiers Limited announced that the board approved a bonus issue on February 11, 2026, and received shareholder approval on March 19, 2026.The deemed date of allotment for the bonus shares is March 30, 2026. According to a circular from the BSE Limited dated March 24, 2026, the listing and trading of the shares were initially expected to commence on March 31, 2026. However, due to March 31, 2026 being a trading holiday, the effective listing date has been adjusted to April 1, 2026.April 1, 2026, will serve as the official effective listing date for the bonus shares.Source:
Indobell Insulations Secures Export Order Worth $70,700
Indobell Insulations Secures Export Order Worth $70,700 Indobell Insulations Limited has secured an export order for Steam Turbine Insulation - Blanket Therm valued at $70,700. The order was awarded by GEVERNOVAPARTS&PRODUCTS GmbH based in Baden, Switzerland.According to the terms of the order, payment is due within 150 days of the invoice date, and the Incoterm is FCA Supplier Factory. The currency for the order is US dollars.The order is scheduled for execution by November 2026. Neither the promoter group nor any group companies have an interest in GEVERNOVAPARTS&PRODUCTS GmbH, and the transaction is not considered a related party transaction.Source:
Tata Communications Maintains a Leader Position for 13th Straight Year in Gartner® Magic Quadrant™
Tata Communications Maintains a Leader Position for 13th Straight Year in Gartner® Magic Quadrant™ Mumbai, INDIA, March 31, 2026 – Tata Communications, a leading global communications technology player, announced that it has been recognized as a Leader in the 2026 Gartner® Magic Quadrant™ for Global WAN Services, marking its thirteenth consecutive year of recognition for Completeness of Vision and Ability to Execute.Over the past year, Tata Communications has continued to redefine its network fabric through advanced AI and analytics, offering composable, high-speed, on-demand and intent-based connectivity that supports enterprises worldwide across industries such as finance, manufacturing, retail, media, and IT services.Key...
Bajaj Auto Limited Subsidiary Receives Credit Rating Reaffirmation
Bajaj Auto Limited Subsidiary Receives Credit Rating Reaffirmation Bajaj Auto Limited announced that Bajaj Auto Credit Limited (BACL), its wholly-owned subsidiary, has received a credit rating reaffirmation from CARE Ratings Limited. The reaffirmation pertains to the long-term bank facilities of BACL.CARE Ratings has reaffirmed a CARE AAA (Stable) rating for BACL's long-term bank facilities, amounting to 10,000 crore. This rating was communicated in a letter dated March 27, 2026. The company received this information on March 31, 2026, at approximately 10:27 A.M. (IST).InstrumentRatingAmount (Rs. in crore)Long-term Bank facilitiesCARE AAA (Stable)10,000Source:
Investment & Precision Castings Ltd. Commissions 4 MWp Solar Power Plant
Investment & Precision Castings Ltd. Commissions 4 MWp Solar Power Plant Investment & Precision Castings Limited announced the successful commissioning of a solar power plant on March 30, 2026. The plant, located in Village Ratanpar, Gujarat, has a capacity of 4 MWp (4000 kWp) and will be used for captive consumption.The company anticipates that the new solar power plant will lead to cost optimization and a reduction in carbon emissions. The commissioning was announced in compliance with regulation 30 of SEBI (LODR) Regulations 2015.The announcement was made by Mr. Piyush Tamboli, Chairman & Managing Director.Source:
NTPC Group’s Installed and Commercial Capacity Increases with Renewable Energy Project Commissioning
NTPC Group’s Installed and Commercial Capacity Increases with Renewable Energy Project Commissioning NTPC Ltd. announced on March 31, 2026, that its subsidiary, NTPC Green Energy Limited (NGEL), has declared the commissioning of capacity at renewable energy projects in Gujarat.The twelfth and final part of the 1255 MW Khavda-I Solar PV Project reached completion with 78.02 MW commissioned as of March 31, 2026. Additionally, 90 MW of the 1200 MW Khavda-II Solar PV Project commenced operations on the same date.As a result of these additions, the total installed capacity of the NTPC group now stands at 89,057 MW, with a commercial capacity of 87,977 MW.Source:
Kellton Tech Solutions Ltd. Allots Equity Shares Following Warrant Conversion
Kellton Tech Solutions Ltd. Allots Equity Shares Following Warrant Conversion Kellton Tech Solutions Ltd. announced today, March 31, 2026, that its Board of Directors has approved the allotment of 36,00,000 fully paid-up equity shares of ₹ 1/- each to M/s. Matnic Finvest LLP, a promoter group member, following the conversion of warrants.The allotment was made for a total consideration of ₹ 6,80,40,000. Matnic Finvest LLP received the remaining exercise price of ₹ 18.9/- per share warrant, representing 75% of the warrant exercise price of ₹ 25.2/- per warrant.The equity shares issued rank pari-passu with existing equity shares of the company. As a result of this allotment, the company’s paid-up equity share capital increased to ₹...
AGEasy Introduces India's First Adult Diaper Pants with Smart Liquid Distribution™ Technology
AGEasy Introduces India's First Adult Diaper Pants with Smart Liquid Distribution™ Technology Gurugram, March 31, 2026 – AGEasy, a consumer products brand under Antara Senior Care, has launched India's first adult diaper pants featuring Smart Liquid Distribution™ technology. The product is designed specifically for seniors and offers improved absorption, reduces sagging, and delivers more reliable protection.The AGEasy Adult Diaper Pants feature a unique three-layer design and are the result of in-house innovation currently awaiting patent. The technology addresses common issues of sagging, leakage, and uneven absorption, providing up to 12 hours of protection with an antibacterial core.According to Rajit Mehta, Managing Director &...
Igarashi Motors India Ltd. Receives Credit Rating Reaffirmation from CARE Ratings
Igarashi Motors India Ltd. Receives Credit Rating Reaffirmation from CARE Ratings Igarashi Motors India Ltd. announced on March 30, 2026, that it has received a reaffirmed credit rating from CARE Ratings for its bank facilities. The ratings reflect the company’s financial stability and performance.CARE Ratings has reaffirmed the ratings as follows:FacilitiesAmount (Rs. Crore)RatingsRating ActionLong Term Bank Facilities41.65CARE A+ ; Stable (Single A Plus; Outlook: Stable)ReaffirmedLong Term/ Short Term Bank Facilities68.00CARE A+ ; Stable/ CARE A1+ (Single A Plus; Outlook :Stable/ A One Plus)ReaffirmedLong-term / Short- term bank facilities60.00CARE A+ ; Stable/ CARE A1+ (Single A Plus; Outlook :Stable/ A One...
Thermax Ltd. Receives Assessment Order from CGST, Pune
Thermax Ltd. Receives Assessment Order from CGST, Pune Thermax Limited announced it received an assessment order from the Joint Commissioner, CGST, Pune, Maharashtra, on March 30, 2026. The order levies a penalty of 314 million rupees.The assessment relates to the disallowance of a lower Goods and Services Tax (GST) rate due to the incorrect classification of goods under the Harmonized System of Nomenclature (HSN) for the period 2019-20 to 2022-23.According to a filing, Thermax intends to file an appeal challenging the demand. The company anticipates the action will not have a significant impact on its operations.Details of the Assessment OrderSr.Disclosure RequirementsBrief Particulars1Name of the AuthorityJoint...
RMC Switchgears Ltd. Secures Listing and Trading Approval on Mainboards of BSE and NSE
RMC Switchgears Ltd. Secures Listing and Trading Approval on Mainboards of BSE and NSE RMC Switchgears Ltd. has received final approval for the migration of its equity shares from the BSE SME Platform to the Mainboard of both the BSE Limited and the National Stock Exchange of India Limited (NSE). The approval, effective April 1, 2026, involves 1,05,76,850 equity shares with a face value of Re. 10 each.According to BSE letter reference no. 20260330-19 and NSE letter reference no. NSE/LIST/66, the shares will be listed and admitted to dealings on the Main Board of both exchanges starting Wednesday, April 1, 2026.The company highlighted that this dual listing signifies a significant milestone, demonstrating sustained growth and a...
Bharat Heavy Electricals Receives Credit Rating Outlook Revision from India Ratings
Bharat Heavy Electricals Receives Credit Rating Outlook Revision from India Ratings Bharat Heavy Electricals Limited (BHEL) announced on March 31, 2026, that India Ratings & Research has revised the company's credit outlook from “Stable” to “Positive.” The revision accompanies the reaffirmation of long-term and short-term credit ratings.According to India Ratings & Research, the ratings are based on BHEL’s operational and financial performance through the third quarter of fiscal year 2025-26.The details of the reaffirmed ratings are as follows:Facilities/InstrumentsRatingTotal Bank Loan Facilities rated (Rs 80000 Crores)Long Term Rating/Outlook: IND AA-/ Positive Short Term Rating: IND Al+ (Outlook revised to "Positive" from...
ACS Technologies Limited Enters Exclusive Partnership with UAE’s Tahaluf Al Emarat for AI/IoT Solutions
ACS Technologies Limited Enters Exclusive Partnership with UAE’s Tahaluf Al Emarat for AI/IoT Solutions Hyderabad, March 30, 2026 – ACS Technologies Limited (BSE: 530745), a technology solutions provider, announced a strategic partnership with Tahaluf Al Emarat Technical Solutions L.L.C S.P.C ('Tahaluf'), a UAE-based company specializing in Artificial Intelligence (AI), Internet of Things (IoT), and smart city solutions.Under the agreement, ACS Technologies becomes Tahaluf's Exclusive PAN India Reseller, authorized to distribute and implement Tahaluf’s AI and IoT solutions across government, defence, enterprise, and commercial segments.ACS Technologies will introduce internationally recognized AI innovation to India, leveraging...
Tata Chemicals Simplifies UK Holding Structure
Tata Chemicals Simplifies UK Holding Structure Tata Chemicals Ltd. announced a restructuring of its UK operations on March 30, 2026, aimed at simplifying the group’s holding structure. The move involves the transfer of all assets and investments from Gusiute Holdings (UK) Limited (GHUL) to Homefield Pvt. UK Limited (HFUK).As a result of this transfer, GHUL no longer serves as a material subsidiary of Tata Chemicals, while HFUK is now considered a material subsidiary. The changes do not affect the ultimate ownership of the company’s UK subsidiaries.According to the company, the restructuring provides a quantitative and qualitative effect through the rationalization and simplification of the group structure. There are no anticipated...
Central Bank of India Receives Demand Notice for Rs. 296.08 Crores from Income Tax Department
Central Bank of India Receives Demand Notice for Rs. 296.08 Crores from Income Tax Department Central Bank of India announced that it received a demand notice from the Income Tax Department on March 30, 2026. The notice, dated March 28, 2026, advises the bank to pay Rs. 296.08 Crores related to tax liability for the Assessment Year 2024-25.The bank is challenging the order in the appropriate forum and expects relief. It anticipates that the demand will subside. The bank does not expect any financial or operational impact as a result of this matter.According to a filing, the assessment order was issued under Section 143(3) read with Section 144B of the Income Tax Act, 1961. The assessment pertains to a re-computation of income and...
NMDC Steel Extends Additional Charge for Director (Commercial)
NMDC Steel Extends Additional Charge for Director (Commercial) NMDC Steel Ltd. announced an extension of the additional charge for the Director (Commercial) position to Vinay Kumar, who currently serves as Director (Technical). The extension, effective April 7, 2026, will continue for one year or until a permanent Director (Commercial) is appointed, whichever occurs first.The decision follows an order from the Ministry of Steel, Government of India, reference S-14013/2/2025-BLA-Part(1) dated March 30, 2026, and Order No. 4(3)/2022-NMDC dated March 20, 2023.NMDC Steel Limited is a Government of India Enterprise.Source:
Oil Prices Fall 1% Amid Signals of Possible End to US-Iran Conflict; Can Crude Drop to $100 per Barrel?
Crude Oil Prices Decline After Recent Rally Oil prices edged lower on Tuesday, March 31, snapping a recent gaining streak after reports indicated that US President Donald Trump may be open to ending the ongoing conflict with Iran.Brent crude futures for May declined by $1.22, or 1.08%, to $111.56 per barrel, after rising nearly 2% earlier in the session. The more actively traded June contract was quoted at $105.76.US West Texas Intermediate (WTI) crude futures for May fell 98 cents, or 0.95%, to $101.90 per barrel, after touching their highest level since March 9 during early trading.Trump Signals Possible De-escalation Market sentiment shifted after reports suggested that Donald Trump had told aides he may consider halting...
Rossell Techsys Focuses on India's Defence Sector, Plans for Rapid Expansion
Rossell Techsys Focuses on India's Defence Sector, Plans for Rapid Expansion Rossell Techsys Limited is strategically positioning itself to capitalize on the growth within India’s defence sector, according to a report released by The Week. The company is targeting rapid scale-up to meet anticipated demand.The announcement was made on March 31, 2026, and disseminated to the Bombay Stock Exchange (BSE Scrip Code: 544294) and the National Stock Exchange of India Limited (NSE Scrip Symbol: ROSSTECH).Source:
Grand Continent Hotels Limited Enters into Memorandum of Understanding for Hotel Operation
Grand Continent Hotels Limited Enters into Memorandum of Understanding for Hotel Operation Grand Continent Hotels Limited announced on March 30, 2026, that it entered into a Memorandum of Understanding (MOU) with M/s Idris Hotels and Resorts, a proprietorship firm owned by Ms. Kalima Banu, to facilitate a definitive lease and license/revenue-sharing agreement for hotel operations. The MOU is intended to enable the operation of a hotel by Grand Continent Hotels Limited.The MOU will remain in effect for 12 months, with the subsequent lease and license/revenue-sharing agreement anticipated to extend for nine years.Under the agreement, Grand Continent Hotels Limited will operate a hotel with 30 rooms at a property located in...
International Combustion India Appoints New Company Secretary
International Combustion India Appoints New Company Secretary International Combustion India Ltd. announced the resignation of Company Secretary, Mr. P. R. Sivasankar, effective March 31, 2026. Following a recommendation from its Nomination & Remuneration Committee, the Board of Directors approved the appointment of Mr. Kundan Jaiswal as the new Company Secretary, effective April 1, 2026. Mr. Jaiswal will also serve as the Compliance Officer for the company.Mr. Sivasankar’s resignation, citing personal reasons, will be presented to the Board meeting scheduled for February 6, 2026, and he will serve a three-month notice period.Mr. Kundan Jaiswal holds a B.Com (Hons.) degree and is an Associate Member of the Institute of Company...
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