Markets

Gujarat Alkalies and Chemicals Limited Discloses Promoter Group Share Purchase Gujarat Alkalies and Chemicals Limited announced that Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), a promoter of the company, purchased 10,600 equity shares on March 27, 2026.According to a filing, the shares were acquired at a price of ₹63,18,169.34 inclusive of all charges. Following the purchase, GNFC’s shareholding in Gujarat Alkalies and Chemicals Limited stands at 24,94,365 shares, representing 3.40% of the company’s equity.GNFC has committed to holding the acquired equity shares for a minimum period of six months and will seek approval from the Compliance Officer if a sale is necessary before that time.The transaction was...

Fortis Healthcare Subsidiary Faces INR 117.04 Crore Tax Demand Fortis Healthcare Limited announced that its wholly-owned subsidiary, Fortis Hospitals Limited, has received an Income Tax Order dated March 27, 2026, for the Assessment Year 2024-25. The order stipulates a tax demand of INR 117.04 Crores against Fortis Hospitals Limited.The Income Tax Authority issued the assessment order, raising the demand. Fortis Healthcare Limited is currently evaluating options, including filing an appeal and a rectification application against the order. The potential financial implications of this demand are estimated at INR 117.04 Crores.ParticularsDetailsName of Opposing PartyIncome Tax AuthorityCourt/Tribunal/AgencyIncome Tax Authority...

Bharti Hexacom Receives Penalty Notice from Department of Telecommunications Mumbai – March 28, 2026 – Bharti Hexacom Limited announced today that it received a notice from the Department of Telecommunications, North East LSA (DoT), imposing a penalty of Rs. 264,000. The penalty is related to alleged violations of subscriber verification norms.The notice, received on March 27, 2026, stems from a Customer Application Form (CAF) Audit conducted by DoT for the quarter ending December 2025. The audit reportedly found violations of terms and conditions related to subscriber verification under the company's License Agreement.The potential financial impact is limited to the amount of the levied penalty. Bharti Hexacom stated that the...

IntraSoft Technologies Limited Appoints Sharad Kajaria as CFO IntraSoft Technologies Limited announced the appointment of Mr. Sharad Kajaria as Chief Financial Officer, effective March 28, 2026. The Board of Directors approved this appointment during a meeting held on the same day. Simultaneously, the company relieved Mr. Mohit Kumar Jha from his position as Chief Financial Officer, also effective March 28, 2026. Mr. Jha resigned to pursue other career opportunities.Mr. Kajaria is described as a seasoned entrepreneur with experience in transformation. His expertise includes harnessing emerging technologies, strengthening processes, and enabling scalable growth.According to company disclosures, Mr. Kajaria is the brother of Mr...

Bharti Hexacom Ltd. Receives Penalty Notice Regarding Subscriber Verification Mumbai – March 28, 2026 – Bharti Hexacom Ltd. announced today that it received a notice from the Department of Telecommunications, North East LSA (DoT), imposing a penalty of Rs. 264,000. The penalty is related to alleged violations of subscriber verification norms.The notice, received on March 27, 2026, stems from a Customer Application Form (CAF) Audit conducted by DoT for the quarter ending December 2025. The DoT stated that Bharti Hexacom is obligated to verify customers adequately before enrollment, aligning with the License Agreement and DoT instructions.According to the notice, the alleged violation concerns terms and conditions related to...

IKIO Technologies Limited Announces Promoter Share Acquisition IKIO Technologies Limited announced that Promoter and Managing Director, Hardeep Singh, acquired 30,000 equity shares on March 27, 2026. The acquisition represents 0.0388% of the company’s equity share capital.Prior to the acquisition, Mr. Singh held 3,30,34,274 equity shares, representing 42.7458% of the equity share capital. Following the purchase, his holding increased to 3,30,64,274 equity shares, representing 42.7846% of the company’s equity share capital.The shares were acquired on the market.Details of the TransactionName: Hardeep Singh PAN:AABPS0013 DIN: 00118729 Address: J-12/76, Rajouri Garden, West Delhi, Delhi- 110027 Phno : 120 5106867Category ofPerson...

Swan Corp Ltd. Announces Promoter Share Encumbrance Mumbai, March 28, 2026 – Swan Corp Ltd. reported that shares held by promoters Swan Realtors Private Limited and Swan Engitech Works Private Limited have been pledged.According to a filing, the total promoter shareholding in Swan Corp Ltd. consists of 16,91,48,000 shares, representing 53.96% of the total share capital. The cumulative shareholding of Swan Realtors Private Limited and Swan Engitech Works Private Limited, both part of the promoter group, amounts to 7,99,91,858 shares, or 25.52% of the total share capital. Swan Realtors Private Limited holds 4,15,89,000 shares, and Swan Engitech Works Private Limited holds 3,84,02,858 shares.A total of 4,35,00,000 shares, representing...

Fortis Malar Hospitals Resolves Tax Dispute, Anticipates Refund Fortis Malar Hospitals Ltd. announced on March 28, 2026, that its rectification application against a demand from the Income Tax department in Bengaluru has been successfully processed. The application challenged a demand of INR 20.82 lakhs for assessment year 2024-25.According to an order issued by the Centralized Processing Centre ('CPC') of the Income Tax department, the demand has been deleted, and a refund of INR 41.11 lakhs has been determined. The order was issued on March 27, 2026, at 4.03 p.m.The resolution of this dispute carries no expected financial implications for the company.ParticularsDetailsName(s) of the opposing partyCentralized Processing...

Dilip Buildcon Secures Flood Protection Embankment Project in Gujarat Dilip Buildcon Limited has received a letter of acceptance (LOA) from the Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat, for a flood protection embankment project on the Narmada River in Bharuch district. The project will be executed on an Engineering, Procurement, and Construction (EPC) basis.The project’s awarded cost, excluding GST, is 698.49 Crore Rupees, with a completion period of 24 months. This announcement follows a previous update released on February 17, 2026.Further details regarding the project are outlined below:ProjectProject Awarded Cost excluding GST (Rs. in Cr.)ModeCompletion period'Construction of the...

Kataria Industries Limited Enters Development Agreement with M. J. Builders Mumbai – March 28, 2026 – Kataria Industries Limited announced today the execution of a development agreement with M. J. Builders for the redevelopment of an immovable property in Mahim (West), Mumbai. The property is located on Caddel Road, Swatantyra Veer Savarkar Road, Mahim (West), Mumbai-400 016 (Maharashtra), and encompasses C.S. Nos. 1020, 1/1020, 1021, 1024, 1/1024, 1025, 1026, 1027, 1028, 1029, 1030, 1031, 1032, 1035 and 1036, with an aggregate total area of 3347.89 sq. mts.The agreement outlines that Kataria Industries Limited will undertake the redevelopment and development of the property. Key terms include the allotment of approximately 25,200 sq...

Ishan Dyes and Chemicals Limited Allots Equity Shares Following Warrant Conversion Ishan Dyes and Chemicals Limited announced the allotment of 7,40,700 fully paid-up equity shares on Saturday, March 28, 2026, following the exercise of convertible warrants. The allotment was approved by the company’s board of directors at a meeting held on the same date.The shares were issued to warrant holders at an issue price of ₹ 63 per share. Piyushbhai Natvarlal Patel, a promoter, converted 22,92,436 warrants, resulting in the allotment of 7,40,700 equity shares.The total balance outstanding warrants for conversion currently stand at 34,20,892. Warrant holders have 18 months, from the warrant allotment date of September 20, 2025, to convert the...

Bharti Airtel Limited Receives Penalty Notice from Department of Telecommunications Bharti Airtel Limited announced that it received a notice from the Department of Telecommunications (DoT) in Madhya Pradesh on March 27, 2026. The notice concerns a penalty of Rs. 1,74,000 levied for alleged violations of subscriber verification norms.According to the DoT, the penalty stems from a Customer Application Form (CAF) Audit conducted in January 2026, which indicated non-compliance with licensing terms and conditions related to subscriber verification. Bharti Airtel Limited is obligated to verify customers as per its license agreement and adhere to instructions from the DoT.The company estimates the maximum financial impact to be the amount...

Oil & Natural Gas Corporation Limited Announces Departure of Independent Directors Oil & Natural Gas Corporation Limited (ONGC) announced the completion of tenure for three Independent Directors, effective March 28, 2026.The individuals concluding their tenures are Bhagchand Agarwal (DIN: 00431182), Reena Jaitly (DIN: 06853063), and Manish Pareek (DIN: 09396501).The company notified the National Stock Exchange of India Ltd. and BSE Limited regarding this change. ONGC’s security codes remain ONGC (NSE Symbol) and 500312 (BSE Security Code), with NCD 959881.Source:

Lagnam Spintex Limited Board Approves Annual Business Plan and Budget Lagnam Spintex Limited announced that its Board of Directors met on Saturday, March 28, 2026, via video conference. The meeting commenced at 11:20 A.M. and concluded at 12:23 P.M.During the meeting, the Board approved the Annual Business Plan and Budget for the financial year 2026-27.The meeting of the Board of Directors was held at the company’s registered office. Anand Mangal, Managing Director, presided over the meeting.Lagnam Spintex Limited’s registered office is located at A 51-53, RIICO Growth Centre Hamirgarh, Bhilwara (RAJ) 311001.Source:

Bajaj Hindusthan Sugar Limited Allots Equity Shares on Preferential Basis Bajaj Hindusthan Sugar Limited announced the allotment of 3,69,88,476 equity shares on a preferential basis on March 28, 2026. The shares were issued to UCO Bank at a price of Rs. 5.12 per share, including a premium of Rs. 4.12, as part of a resolution plan involving the conversion of a loan.The total consideration for the allotment amounts to Rs. 18.94 Crores. Consequently, the company’s paid-up equity share capital has increased from Rs. 2,33,69,54,000 divided into 2,33,69,54,000 equity shares of Re.1 each to Rs. 2,37,39,42,476 divided into 2,37,39,42,476 equity shares of Re.1 each.The allotment to a remaining lender is pending completion of the loan...

Khyati Multimedia Entertainment Ltd. Reconstitutes Board Committees Following Director Appointment Khyati Multimedia Entertainment Ltd. (KMEL) has reconstituted its various board committees following the regular appointment of Dilip Gajanand Nikhare as a Non-Promoter, Non-Executive Independent Director, effective December 1, 2025. The appointment was confirmed by shareholders through a postal ballot on January 30, 2026, and formally approved by the Board of Directors on February 3, 2026.The changes were made in accordance with SEBI (LODR) regulations.Composition of Committees:The Audit Committee, Nomination and Remuneration Committee (NRC), and Stakeholder Relationship Committee have been restructured to include Mr. Nikhare...

Indian Renewable Energy Development Agency Limited Announces Departure of Independent Directors New Delhi, March 28, 2026 – Indian Renewable Energy Development Agency Limited (IREDA) announced today the completion of tenure for two Independent Directors. Shri Shabdsharan N. Brahmbhatt (DIN-09483059) and Dr. Jaganath C. M. Jodidhar (DIN-09556253) have concluded their terms on March 27, 2026, as per an order from the Ministry of New and Renewable Energy ('MNRE') dated March 28, 2025. Consequently, they have ceased to be Independent Directors of the company, effective March 28, 2026.The details regarding the change in directors are provided in Annexure I.Table: Departure of DirectorsNameReason for ChangeDate of CessationShri...

Glen Industries Ltd. Promoter Acquires Shares, Increasing Stake Glen Industries Ltd. announced that Lalit Agrawal (HUF), a member of the Promoter Group, acquired 1,200 equity shares on March 27, 2026. The acquisition involved an investment of Rs. 78,000.00 at a price of Rs. 65.00 per share.The acquisition was made from public shareholders. Consequently, the total shareholding of the Promoter and Promoter Group has increased from 73.42% to 73.43% of the company’s total paid-up equity share capital.The transaction complied with the minimum public shareholding requirements as outlined in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.Source:

Vdeal System Limited Announces Resignation of Independent Director Vdeal System Limited announced the resignation of Mr. Pranay Agarwal from the position of Independent Director, effective March 27, 2026. Mr. Agarwal, holding DIN: 02758174, submitted his resignation via email on March 27, 2026.Consequently, Mr. Agarwal has also ceased to be a member of the Nomination & Remuneration Committee and the Independent Directors Committee. The reason for his resignation is attributed to personal reasons, as stated in his resignation letter.Mr. Agarwal currently serves as an Independent Director at PUSHPA JEWELLERS LIMITED. He confirmed that there are no other material reasons for his resignation beyond those specified in his resignation...

Avantel Limited Receives Supply Order Worth Rs. 137.12 Crores from India Meteorological Department Avantel Limited announced on March 28, 2026, that it has received a supply order from the India Meteorological Department (IMD), a part of the Ministry of Earth Sciences, Government of India. The order, received via email on March 27, 2026, is for the supply, warranty, and Comprehensive Annual Maintenance Contract (COAMC) of seven Wind Profiler Systems.The total value of the order is Rs. 137.12 Crores, excluding taxes. The order is expected to be executed by September 2027. Key terms include a Performance Bank Guarantee of 5%, a three-year warranty, and a seven-year COAMC.Below is a summary of the order details:Sl...