Markets

R R Kabel Limited Receives Re-assessment Order for Assessment Year 2022-23 R R Kabel Limited announced it received a Re-assessment Order from the Office of the Deputy Commissioner of Income Tax in connection with the Assessment Year 2022-23. The order, dated March 30, 2026, relates to income-tax demand totaling ₹ 9.01 Crores, including interest of ₹ 0.89 Crores, based on certain additions and disallowances of expenditures under various sections of the Income Tax Act.The company intends to file an appeal against the order and stated it does not anticipate a material impact on its financials, operations, or other activities.Details of the communication are summarized below:ParticularsDetailsName of the listed companyR R Kabel...

Purple Wave Infocom Ltd. Incorporates Wholly-Owned Subsidiary, Nano Theatre Private Limited Purple Wave Infocom Limited announced the incorporation of a new wholly-owned subsidiary, Nano Theatre Private Limited, on March 30, 2026, based in Delhi. The company received confirmation that the Certificate of Incorporation was issued on the same date.Nano Theatre Private Limited has an authorized capital and paid-up capital of 10,000 shares with a par value of Rs. 10 per share. The new company will operate within the audio-visual (AV) industry.The initial capital subscription by Purple Wave Infocom Limited will be considered a related party transaction and will be conducted at arm's length. No group companies have an interest in Nano...

Ducon Infratechnologies Appoints Vandana Govil as Executive Director, Announces Resignation of Harish Shetty Ducon Infratechnologies Ltd. announced the appointment of Ms. Vandana Govil as an Additional Director and Executive Director on March 30, 2026. Ms. Govil’s appointment is for a term of 3 years, pending member approval at the upcoming general meeting. She brings over 25 years of experience in marketing and business development, including 15 years as Vice President of Business Development for Ducon Technologies Inc. of the USA. Ms. Govil holds a bachelor's degree in Geography and a master’s in finance from the USA.The company also announced that Mr. Harish Shetty resigned from his position as Executive Director, effective March...

DLF Completes Transactions with Srijan Realty Group for ₹ 710.23 Crore DLF Ltd. announced the completion of transactions with Srijan Realty Private Limited and its subsidiary companies on March 30, 2026. The transactions were finalized following the receipt of necessary regulatory approvals and satisfaction of conditions precedent, as outlined in the Master Framework Agreement, Business Transfer Agreement, and Agreement to Sell executed previously.The completed transactions include the transfer of DLF’s IT/ITeS SEZ undertaking, featuring the ‘DLF TechPark II’ building, to Makalu Builders LLP and Srijan Realty Private Limited. Additionally, approximately 17.75 acres of vacant land in Kolkata were sold to Gangapurna Projects LLP.The...

T.T. Limited Announces Share Acquisition by T.T. Brands Limited T.T. Limited announced that T.T. Brands Limited, a promoter group entity, acquired 148,000 equity shares on March 30, 2026.According to a regulatory filing, T.T. Brands Limited held 88,814,138 shares, representing 34.3773% of the total share/voting capital, prior to the acquisition. Following the purchase, T.T. Brands Limited’s holdings increased to 88,962,138 shares, equating to 34.4345% of the total share/voting capital.The acquisition was made through open market transactions. The total equity share capital/total voting capital of T.T. Limited stood at 25,83,10,944.Vimal Jain, Director of T.T. Brands Limited, signed the disclosure.Source:

Hindustan Oil Exploration Company Announces CFO Resignation Hindustan Oil Exploration Company Limited announced the resignation of N. Sivalai Senthilnathan as Chief Financial Officer, effective March 28, 2026, due to personal reasons.Senthilnathan submitted his resignation to the Board of Directors on December 29, 2025. His resignation letter is available as an attachment.The company is located at ‘Lakshmi Chambers’, 192, St. Mary's Road, Alwarpet, Chennai - 600 018, INDIA. The contact email address is contact@hoec.com, and the website is www.hoec.com.Source:

3C IT Solutions and Telecoms Enters Strategic Alliance with Rudrarya International LLP 3C IT Solutions and Telecoms (India) Ltd announced a strategic alliance and collaboration agreement with Rudrarya International LLP (Cybernara) on March 30, 2026. The agreement focuses on jointly pursuing opportunities in cybersecurity, cloud security, managed security, compliance and allied services.The collaboration aims to strengthen 3C IT Solutions and Telecoms' service offerings and market presence, aligning with its strategic objectives. The arrangement will operate under a co-branded model called '3CITSCybernara,' with 3C IT Solutions and Telecoms serving as the prime contracting and client-facing entity while Cybernara acts as the delivery...

Swaraj Engines Limited Appoints Sanjay Kshirsagar as Chief Executive Officer (Designate) Swaraj Engines Limited announced the appointment of Mr. Sanjay Kshirsagar as Chief Executive Officer (Designate) with effect from April 10, 2026. The decision was made by the Board of Directors at a meeting held on March 30, 2026, based on a recommendation from the Nomination and Remuneration Committee.Mr. Kshirsagar will also serve as a Senior Management Personnel (SMP) of the Company.Background on Mr. Sanjay Kshirsagar Mr. Kshirsagar holds a degree in Mechanical Engineering and a Post Graduate degree in Financial Management. He possesses over 34 years of experience in projects and manufacturing operations. He previously oversaw the Engine...

Global Pet Industries Limited Receives Full Occupancy Certificate for New Factory Premises Global Pet Industries Limited announced it has received a Full Occupancy Certificate from the competent authority for its new factory premises located at Industrial Building No 1(Industrial), S. NO.218/3/4, S.NO.68/1 TO /4/5 at Pelhar.The new facility encompasses a plot area of 2,791.03 square meters and a total built-up area of 5,023.85 square meters. It includes dedicated assembly units, quality control, design, service departments, and an administrative office.The company anticipates the new facility will increase annual production capacity by approximately 40%-50%. A dedicated area will be available for live machine demonstrations...

Religare Enterprises Appoints Arjun Lamba as Whole Time Director, Rajender Mohan Malla as Non-Executive Chairperson Religare Enterprises Limited announced several leadership changes following a board meeting held on March 30, 2026. The meeting, which commenced at 3:30 p.m. and concluded at 4:20 p.m., resulted in the appointment of Mr. Arjun Lamba and the designation of Mr. Rajender Mohan Malla to key roles.Mr. Arjun Lamba (DIN: 00124804) has been appointed as Whole Time Director, designated as Executive Director, for a term of five years effective April 01, 2026. His appointment is subject to shareholder approval. Lamba, founder of Guardian Advisors Private Limited, brings over 23 years of experience in Indian capital markets...

Hindustan Copper Ltd. Appoints Ajay Chandraker as Head of Department of Materials, Contracts and Marketing Hindustan Copper Limited (HCL) announced the appointment of Shri Ajay Chandraker as the Head of Department of Materials, Contracts and Marketing, effective March 30, 2026. The appointment was made by the Board of Directors at a meeting held on the same date.Shri Chandraker, currently a General Manager (Materials, Contracts and Marketing) at HCL, assumes the role, which falls under the classification of ‘Senior Management’ within the company.According to company records, Shri Chandraker is not related to any Director or Key Managerial Personnel of HCL or their relatives. The board meeting commenced at 10:30 AM and concluded at...

Rose Merc Ltd. Forfeits Convertible Warrants, Announces Forfeiture Amount Rose Merc Ltd. announced on March 30, 2026, that 864,268 convertible warrants have lapsed due to a failure to exercise the conversion option within the stipulated 18-month period. The company had previously allotted these warrants on a preferential basis to non-promoters in multiple tranches.The initial subscription amount for these warrants totaled ₹3,30,17,550. As per the terms of the allotment and applicable regulations, the amount of ₹3,30,17,550 has been forfeited.The Board of Directors approved the forfeiture through a resolution circulated on March 27, 2026.The following table details the warrant holders, number of warrants, allotment and lapse dates...

Steel City Securities Limited Penalized by National Stock Exchange Steel City Securities Limited announced on March 30, 2026, that the National Stock Exchange of India Limited has levied a penalty of 10,000 Rupees. The penalty stems from a limited-purpose offsite inspection of the company’s Capital Market Segment conducted in October 2025. The assessment was related to non-adherence to leverage and exposure limits while providing Margin trading facility.According to a letter from the National Stock Exchange, reference number NSEINSP/CMOFFSITE/25-26tho/08061/2025-63280 dated March 30, 2026, the company reports no material impact resulting from the penalty.Source:

Aditya Birla Capital Limited Allots NCDs on Private Placement Basis Aditya Birla Capital Limited announced the allotment of 50,500 Secured, Redeemable, Rated, Listed, Non-Convertible Debentures (NCDs) on a private placement basis, on March 30, 2026. The debentures aggregate to a total of Rs. 5,05,00,00,000.The NCDs have a face value of Rs. 1,00,000 per debenture and carry a coupon rate of 7.7173% p.a. The debentures will mature on May 13, 2031. The company has a green shoe option for an additional Rs. 1000 Crore.A detailed breakdown of the terms and conditions of the debentures is outlined in Annexure 1.The NCDs are listed on the BSE Limited and National Stock Exchange of India Limited. The debentures are secured by a...

Danish Power Limited Secures Rate Contracts Worth Rs. 36.33 Crores Danish Power Limited announced today, March 30, 2026, that it has been awarded multiple rate contracts totaling approximately Rs. 36.33 crores (exclusive of GST) from Reputed Distribution Utility Companies. The contracts are for the supply of Distribution Transformers of various ratings.The awards represent a significant boost for Danish Power Limited, reflecting the company’s strong reputation in the distribution transformer market. The contracts are to be executed over a period of one year.The consideration for the multiple rate contracts amounts to Rs. 36.33 crores, exclusive of GST. The contracts do not fall within the terms of related party transactions. The...

Diamond Power Infrastructure Ltd. Receives Major Order for EHV Cables from Gujarat Energy Transmission Company Limited Ahmedabad, India – Diamond Power Infrastructure Limited (DPIL), a leading manufacturer of power cables and transmission conductors under the brand DICABS, announced the receipt of a significant order for 66 kV Extra High Voltage (EHV) cables from Gujarat Energy Transmission Company Limited.The order, totaling approximately 270 kilometers of 66 kV EHV cables, reinforces DPIL’s strong positioning in the high-voltage cable segment.Key Details of the Order:DetailInformationClientGujarat Energy Transmission Company LimitedProduct66 kV EHV Power CablesOrder Size~270 kmsSegmentTransmission Infrastructure...

Magson Retail and Distribution Limited Executes Business Transfer Agreement Magson Retail and Distribution Limited announced today, March 30, 2026, that it has entered into a Business Transfer Agreement with M/s. Ksheer Milk and Products, Ahmedabad. This follows a prior announcement on December 31, 2025, regarding the Board of Directors’ decision to acquire the business of M/s. Ksheer and Milk Products. The agreement is on an exclusive basis.The company secretary and compliance officer, Himani Thakkar, executed the agreement.Key Details of the Agreement:The following details, as outlined in Annexure-I, pertain to the agreement:Sr. No.ParticularsDetails1Name(s) of the parties with whom the Agreement is enteredM/s. Ksheer...

Power Finance Corporation Ltd. Transfers South Kalamb Power Transmission Limited to Adani Energy Solutions Power Finance Corporation Ltd. (PFC) announced the transfer of South Kalamb Power Transmission Limited, a wholly-owned subsidiary of PFC Consulting Limited, to Adani Energy Solutions Limited on March 30, 2026. The transfer follows a bidding process completed on the same date.South Kalamb Power Transmission Limited was established for the development of the "Network Expansion Scheme for drawal of power at South Kalamb S/s: Part A." The transaction involved a consideration of Rs. 12,53,27,500 as per the Share Purchase Agreement.Adani Energy Solutions Limited is the successful bidder and does not belong to the promoter or promoter...

Diamond Power Infrastructure Ltd. Receives Letter of Intent for Cable Supply Order Diamond Power Infrastructure Ltd. announced it has received a letter of intent from Gujarat Energy Transmission Corporation Limited for the supply of cables. The order is valued at Rs. 60,53,40,000 inclusive of GST.The order involves the supply of 270 km of cables, with an execution timeframe of four months from the date of the purchase order.According to company disclosures, neither the promoters, promoter group, nor group companies have any interest in Gujarat Energy Transmission Corporation Limited. The order does not constitute a related party transaction.SI. No.Particulars in respect of the eventDetails/Information of the event1Nameof...

Indian Emulsifiers Limited Increases Authorized Share Capital Indian Emulsifiers Limited announced on Monday, March 30, 2026, that its Board of Directors approved an increase to the company’s authorized share capital.The authorized share capital is being raised from Rs. 20,00,00,000, divided into 2,00,00,000 equity shares of Rs. 10 each, to Rs. 32,00,00,000, divided into 3,20,00,000 equity shares with a face value of Rs. 10 each. This increase involves the creation of an additional 1,20,00,000 equity shares, ranking pari passu with existing shares.The Board also approved the draft postal ballot notice and appointed Mr. Nikunj Kanabar, Proprietor of M/s Nikunj Kanabar & Associates, as the Scrutinizer for the e-voting process. The...