Markets

IIRM Holdings India Limited Discloses Non-Disposal Undertaking for Promoter’s Shares IIRM Holdings India Limited, formerly known as Sudev Industries Limited, announced that Promoter Mr. Vurakaranam Ramakrishna has executed a Non-Disposal Undertaking (NDU) regarding equity shares held in the company. This action is linked to a Non-Convertible Debenture (NCD) availed by India Insure Risk Management and Insurance Broking Services Private Limited, a wholly-owned subsidiary of IIRM Holdings India Limited.According to a filing, Mr. Ramakrishna’s NDU covers 2,000,000 equity shares, representing approximately 29.35% of the total share capital. The shares are held in favor of Axis Trustee Services Limited.The encumbrance is associated with...

Aequs Limited Makes Further Investment in Subsidiary Aequs Engineered Plastics Private Limited Aequs Limited announced a further investment in its wholly owned subsidiary, Aequs Engineered Plastics Private Limited (AEPPL), through a rights issue on March 30, 2026.AEPPL, incorporated on February 10, 2015, is engaged in the manufacturing of plastic products, parts, and toys. As of March 31, 2025, the company reported a turnover of INR 54.65 crore, a loss after tax of INR 28.48 crore, and a net worth of INR -4.36 crore.The investment of INR 5,36,78,830, comprised of 53,67,883 shares at a price of INR 10 per equity share, will be used to meet AEPPL’s working capital and operational requirements, as part of the utilization of the...

EPACK Durable Limited Receives Production Linked Incentive Sanction of ₹37.5 Crores EPACK Durable Limited announced today, March 30, 2026, that it has received a sanction letter from IFCI Limited, a Government of India undertaking, for ₹37,50,00,000 (Rupees Thirty Seven Crores Fifty Lakhs only) under the Production Linked Incentive (PLI) Scheme for White Goods for the Financial Year 2024-25.The incentive is linked to the company's incremental sales and investments under the PLI Scheme. EPACK Durable expects the incentive to positively impact profitability, enhance cash flow, and support expansion and operational efficiencies.A copy of the sanction letter is available on the company's website at www.epackdurable.com.Source:

S.A.L. Steel Ltd. Secures Working Capital Loan of Rs. 150 Crore from Yes Bank Limited S.A.L. Steel Ltd. announced that it has entered into a Deed of Hypothecation with Yes Bank Limited on March 28, 2026, to secure a Working Capital Demand Loan (Sublimit of Cash Credit Limit) of Rs. 150,00,00,000 (Rupees One Hundred Fifty Crores Only). The loan is based on a sanction letter dated March 25, 2026.The funds will be utilized for working capital requirements. The borrowing is secured by way of hypothecation of the company’s current assets and movable fixed assets located at Survey No. 245, Village Bharapar, Tal. Gandhidham, Kutch Dist., Gujarat.The agreement also includes an unconditional and irrevocable personal guarantee from Mahesh...

Vintage Securities Ltd. Announces Resignation of Company Secretary Vintage Securities Limited announced the resignation of Mr. Saurabh Jha, the Company Secretary and Compliance Officer, effective March 30, 2026. Mr. Jha’s resignation will be noted by the Board of Directors at an upcoming meeting.According to a filing, Mr. Jha is resigning to pursue further career opportunities outside of the company. He expressed gratitude for the support received during his tenure and wished the company continued success.The following details regarding the resignation were provided:ParticularsDetailsNameMr. Saurabh JhaReason for changeResignationDate of Cessation30/03/2026Vintage Securities Limited’s stock trades on the BSE under the...

Gabion Technologies India Ltd. Receives Orders Valued at Approximately INR 2.30 Crore Gabion Technologies India Limited, a company listed on the BSE SME Exchange, announced the receipt of multiple work and supply orders totaling approximately INR 2,30,00,820 (Rupees Two Crore Thirty Lakh Eight Hundred Twenty only), inclusive of applicable GST, during the period from March 22, 2026, to March 28, 2026.The orders consist of supply orders for gabion boxes, Rockfall Netting & Rocknet, Slope Mate, and GeoComposite, along with execution of slope protection works. These orders were received from various customers in the ordinary course of business.A detailed breakdown of the orders is presented below:Sr. NoName of Awarding AuthorityOrder...

Metro Brands Limited Receives ESG Rating of 67.7 for FY 2024-25 Metro Brands Limited announced on March 30, 2026, that it has been assigned an overall Environmental, Social, and Governance (ESG) rating of 67.7 for the fiscal year 2024-25 by SES ESG Research Pvt. Ltd. The rating, which is publicly available at www.sesesg.com, was independently prepared by SES ESG based on publicly available data concerning the company.According to SES ESG, Metro Brands Limited has not engaged them directly for the ESG rating. The information will also be accessible on the company's website at www.metrobrands.com.Source:

Pramara Promotions Limited Acquires Production Molds and Tooling Pramara Promotions Limited announced the purchase of 417 sets of production molds and tooling, encompassing 42 consumer product lines, from Grani & Partners S.p.A. based in Italy. The molds, presently located in China, are slated for dispatch by the end of April 2026, with an anticipated arrival in India by the end of May 2026.The acquisition will bolster Pramara Promotions’ promotional products business across various sectors including fast-moving consumer goods (FMCG), retail, and quick-service restaurants (QSR). The move supports the planned launch of "Toy Works," targeting the second half of fiscal year 2026-27, and aims to expedite market entry with a proven...

Paras Defence and Space Technologies Completes Divestment of Subsidiary Ayatti Innovative Paras Defence and Space Technologies Limited announced the completion of the divestment of its entire 58.02% equity stake in subsidiary Ayatti Innovative Private Limited on March 30, 2026. The divestment, which follows earlier notifications on March 28, 2025, and December 26, 2025, involved the sale of 15,20,000 equity shares with a face value of Rs. 10 each. As a result of this transaction, Ayatti Innovative Private Limited is no longer a subsidiary of Paras Defence and Space Technologies.The total consideration received for the sale was Rs. 6,99,20,000. Unifab Ultra Technologies LLP is the buyer, and the buyer is not affiliated with the...

Samrat Pharmachem Ltd. Receives Credit Rating Upgrade from Crisil Samrat Pharmachem Ltd. announced a credit rating upgrade from Crisil Limited on March 30, 2026. The rating agency has revised the bank facilities to 'Crisil BB/Stable/ Crisil A4+' from the previous rating of 'Crisil BB+/Negative/Crisil A4+'.The upgraded rating reflects a positive assessment of the company’s financial health and operational performance. Further details regarding the rating rationale are available on the company’s website at www.samratpharmachem.com.Source:

LE Lavoir Ltd. Allots Equity Shares Following Warrant Conversion LE Lavoir Ltd. announced the allotment of 2,28,000 fully paid-up Equity Shares following the conversion of 2,28,000 convertible warrants. The conversion was made by Mr. Ashok Dilipkumar Jain, Mrs. Kajal Ashok Jain, and Ms. Viha Ashok Jain, all belonging to the ‘Non-promoter’ category. The allotment occurred on March 30, 2026, at the company’s registered office in Rajkot, Gujarat.The equity shares were allotted at an issue price of Rs. 264.75 per share, including a premium of Rs. 254.75 per share. The total consideration received aggregated to Rs. 4,52,72,250.As a result of this allotment, the company’s paid-up equity share capital has increased from Rs. 3,24,00,000...

Wheels India Limited Announces Leadership Changes and Committee Reconstitution Wheels India Limited announced several changes following a board meeting held on March 30, 2026. The meeting commenced at 10:00 A.M. and concluded at 2:20 P.M.Mr. S Ram resigned from his position as Chairman and Non-Executive Director, effective March 30, 2026. Subsequently, the board elected Mr. Srivats Ram, currently the Managing Director, to the role of Chairman, effective March 31, 2026. Following this election, Mr. Srivats Ram’s designation will be Chairman and Managing Director. Mr. Ram is not debarred from holding office by any authority.The company also announced a reconstitution of its Risk Management Committee. Mr. Rishikesha T Krishnan was...

Lloyds Metals and Energy Completes Acquisition of CHEMAF Group March 30, 2026 – Lloyds Metals and Energy Ltd. announced the completion of the acquisition of 100% equity stake of CHEMAF Group Limited, comprising Chemaf Resources Limited, Chemaf SA and associated entities, by Virtus Lloyds Minerals Holding (VLMH).VLMH is a joint venture between Lloyds Global Resources FZCO (LGRF), a wholly owned subsidiary of Lloyds Metals and Energy, holding 49% equity, and Virtus Minerals Group, USA, holding 51% equity. The CHEMAF acquisition marks the first major transaction executed under this framework.CHEMAF operates copper and cobalt mining and processing companies in the Democratic Republic of Congo (DRC). The company operates the Etoile...

Exxaro Tiles Ltd. Incorporates Wholly Owned Subsidiary in Dubai Exxaro Tiles Limited announced the incorporation of a wholly owned subsidiary, ARESTA GENERAL TRADING FZE, in Dubai on March 23, 2026. The subsidiary was issued a license on March 30, 2026, with License No. 359777418.ARESTA GENERAL TRADING FZE is a Limited Liability Company located in the Jebel Ali Free Zone. It has a share capital of AED 100,000, comprised of 1000 shares with a value of AED 100 each. The subsidiary is yet to commence business operations.The subsidiary’s primary objective is to undertake trading activities related to tiles. The acquisition is considered a related-party transaction as it is a wholly owned subsidiary of Exxaro Tiles Limited.An amount of...

TeleCanor Global Limited Receives $375,000 Purchase Order from PrimeZen Innovations Inc. TeleCanor Global Ltd. announced it has received a purchase order from PrimeZen Innovations Inc., a U.S.-based company, for customized software. The order encompasses a centralized crypto exchange with custodial wallet services, along with the provision to create and manage 10 upgradeable cryptocurrencies on the Solana blockchain.The contract, valued at $375,000 equivalent to approximately Rs. 3.56 crore, is expected to be executed within six months from the signing date.According to details released, PrimeZen Innovations Inc. awarded the contract, which involves the development of centralized crypto exchange and related software. TeleCanor...

Cryogenic OGS Ltd. Receives Purchase Orders from Emerson for ₹2.28 Crore Cryogenic OGS Limited has received purchase orders from Emerson Measurement Systems and Solutions (India) Private Limited, totaling ₹2,27,73,997.64, including GST.The orders, announced March 30, 2026, are for the supply of LNG Metering Skids. The execution period for the orders is 24 weeks.According to details released, Emerson is a domestic entity and no promoter, promoter group, or group companies have an interest in Emerson. The orders do not constitute related party transactionsParticularsDetailsEntity Awarding OrderEmerson Measurement Systems and Solutions (India) Private LimitedOrder DetailsSupply of LNG Metering SkidsOrder OriginDomestic...

Bharat Electronics Limited Secures Orders Worth Rs. 1660 Crore Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has received additional orders valued at Rs. 1660 Crore. This announcement follows a previous disclosure made on March 17, 2026.The orders encompass a range of products and services including satellite communication networks, electronic warfare systems, communication equipment, avionics, software solutions, munitions, Electronic Voting Machines (EVMs), strategic components, upgrades, spares, and services.Source:

VMS TMT Limited Receives Credit Rating Reaffirmation from Infomerics Ahmedabad, India – March 30, 2026: VMS TMT Limited ('VMS'), a leading steel and TMT bar manufacturer, announced today that credit ratings for its bank facilities have been reaffirmed by Infomerics Valuation and Rating Ltd. The reaffirmation reflects the company’s stable financial profile and consistent operational performance.The total bank facilities rated amount to ₹273.93 crore, comprising long-term and short-term facilities.Here’s a breakdown of the reaffirmed ratings:FacilityAmount (₹ crore)RatingOutlookLong-term Bank Facilities154.83IVR BBBStableShort-term Bank Facilities119.10IVR A3+The reaffirmed ratings underscore VMS TMT’s strong credit...

Supreme Petrochem Ltd. Responds to Trading Volume Increase Supreme Petrochem Ltd. clarified on March 30, 2026, that the recent increase in trading volume of its securities is market-driven and the company has no involvement. The statement was made in response to a query from the BSE Limited, referencing email L/suRV/oN L/pv/ApJ/202s-2026/1009.The company further confirmed that there is no pending information requiring disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.D.N. Ishe, Company Secretary, issued the clarification.Source:

Madras Fertilizers Limited Board Approves Insurance Policy Renewals Madras Fertilizers Limited announced on March 30, 2026, that its Board of Directors approved the renewal of insurance policies for buildings, plant, machineries, stock, and other assets. The policies cover fire, machinery breakdown, boiler & pressure vessels, loss of profit, and other miscellaneous perils for the financial year 2026-27.The Board meeting, which commenced at 12:00 noon and concluded at 1:40 p.m., also considered other business matters.Source: