Markets

Cords Cable Industries Limited Includes Naveen Sawhney HUF in Promoter Group Cords Cable Industries Limited announced the inclusion of Naveen Sawhney HUF within its promoter group, effective March 27, 2026. The move aligns with the definition of “Promoter Group” under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.The addition involves Naveen Sawhney HUF, represented by Karta Naveen Sawhney, and coparcener Mrs. Adarsh Sawhney. Details regarding the HUF are summarized below:Naveen Sawhney HUF DetailsDetailInformationName of HUFNaveen Sawhney HUFName of KartaNaveen SawhneyName of CoparcenerMrs. Adarsh SawhneyDPIDIN303663 *Client ID10082461Shareholding12,700 Equity Shares (0.098%)Date...

Avax Apparels and Ornaments Ltd. Sets Record Date for Bonus Share Issue Avax Apparels and Ornaments Ltd. has announced April 7, 2026, as the record date for a bonus share issue. The company will issue three bonus equity shares for every one existing share held. Each share has a face value of ₹ 5.The bonus share allocation will impact shareholders ranking pari-passu. According to SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024, the deemed date of allotment for the bonus equity shares is April 8, 2026.Below is a table outlining the details of the record date:Security CodeType of security and paid-up valueRecord DatePurposeBSE: 544337Equity Shares Rs. 1,03,91,580/- (Rs. 5/- per equity share)Tuesday, April 07...

Real Touch Finance Ltd. Allots Non-Convertible Debentures Real Touch Finance Limited announced the allotment of Non-Convertible Debentures (NCDs) on a private placement basis, as confirmed by the company's Board of Directors through a resolution passed on March 28, 2026.The company allotted 256 Secured, Unlisted, Unrated, Redeemable, Fully Paid Non-Convertible Debentures with a face value of Rs. 1,00,000 each. The debentures were issued at an issue price of Rs. 1,00,000 each, bringing the total amount raised to INR 2,56,00,000 (Rupees Two Crores Fifty-Six Lakhs Only). This action follows an earlier communication dated March 20, 2026, regarding the fundraising initiative. Real Touch Finance Limited's stock symbol on the BSE Limited is...

Asian Granito India Ltd. Reaffirms Credit Ratings Under Watch Asian Granito India Ltd. announced that Infomerics Valuation and Rating Limited has reaffirmed its credit ratings for the company's bank facilities. The ratings are maintained under watch with developing implications.The reaffirmed ratings are as follows:Instrument/ FacilityAmount (Rs. in Crores)Current RatingsPrevious RatingsRating ActionLong Term Facilities145IVR BBB+; RWDIIVR BBB+ / StableRating continued under watch with developing implicationsShort Term Facilities10IVR A2; RWDIIVR A2Rating continued under watch with developing implicationsThe updated Credit Rating Letter was received by the company on March 27, 2026.Details of Credit FacilitiesThe...

JSW Infrastructure Limited Announces Departure of Independent Director JSW Infrastructure Limited announced that Amitabh Kumar Sharma ceased to be a Director of the company on March 27, 2026. This departure follows the completion of his second consecutive term as an Independent Director.Sharma, whose Director Identification Number (DIN) is 06707535, also stepped down from the Committees of the Board of Directors where he served as a member.The company expressed its appreciation for Sharma's contributions during his tenure. The composition of the Board of Directors remains compliant with the requirements of the Companies Act, 2013 and Listing Regulations.Details Regarding DepartureParticularsMr. Amitabh Kumar Sharma (DIN...

TARC Limited Makes Interest Payment on Non-Convertible Debentures TARC Limited announced on March 28, 2026, that it has made an interest payment to its Non-Convertible Debenture holders.The payment details are as follows:sl. No.ParticularsDetails (Amount in Rs.)1 IISININEOEKgOTO5OZIssue size409,00,00,000JInterest Amount to be paid on due date68,62,38,3234Frequency - quarterly/ rnontlilyYearly5Change in frequency of payment (if any)No7Interest paynent record date16/03/20268Due date for interest payment (DD/MMA/YYY)31/03/20269Actual date for interest p:ryment (DD/MMIYYYY)27/03/202610Amount of interest p4rd68,62,39,323The company secretary, Amit Narayan, confirmed the payment. No details regarding...

Prismx Global Ventures Ltd. Shareholders Approve Resolutions at EOGM Prismx Global Ventures Limited announced that all resolutions presented at its Extra Ordinary General Meeting (EOGM) held on March 26, 2026, were duly approved by shareholders. The meeting was conducted through Video Conference/Other Audio Video Means.As of the record date of March 19, 2026, the company had 71,346 shareholders. A total of 67 members attended the meeting through Video Conferencing.The resolutions included the reclassification of persons forming part of the promoter/promoter group from the 'Promoter & Promoter Group Category' to the 'Public Category.'According to the consolidated results of the remote e-voting and e-voting conducted during the...

Usha Financial Services Limited Approves Second Tranche of Debenture Allotment Usha Financial Services Limited announced on Saturday, March 28, 2026, the approval of the second tranche of 12% Secured Redeemable Non-Convertible Debentures (Series P) on a private placement basis. The decision was made at a board meeting held at the company's corporate office in Ghaziabad, Uttar Pradesh.The board meeting, which commenced at 11:00 A.M. and concluded at 11:30 A.M., also deferred an agenda item regarding the proposal for the issuance of Non-Convertible Debentures (Series Q) on a private placement basis, previously announced on March 26, 2026.Additional details are available on the company’s website at https://www.ushafinancial.com/...

NTPC Ltd. Approves Battery Storage System and Commits Additional Equity to Joint Venture NTPC Limited (NTPC) announced approvals from its Board of Directors for key strategic initiatives on March 28, 2026. The board approved an investment proposal for a Battery Energy Storage System (BESS) with a total capacity of 4.70 GWh, carrying an estimated project cost of Rs. 5,821.90 Crore.Additionally, NTPC committed an additional equity of Rs. 3,173.67 Crore to Meja Urja Nigam Private Limited (MUNPL), a joint venture company with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL). This investment will bring the total equity commitment in MUNPL to Rs. 5,000 Crore. The release of this additional equity is contingent on UPRVUNL’s...

Gujarat Ambuja Exports Begins Commercial Production at New Maltodextrin Facility Gujarat Ambuja Exports Limited announced the commencement of commercial production at its new Maltodextrin facility in Hubli, Karnataka, effective Saturday, March 28, 2026, at approximately 10:45 a.m.The new facility increases the company’s total installed capacity for Maltodextrin production at Hubli from 7,000 metric tons per annum (MTPA) to 23,000 MTPA.The information is available on the company’s website at www.ambujagroup.com.Source:

Lactose India Ltd. Holds NCLT-Convened Meeting Lactose India Ltd. held a meeting of its equity shareholders on Saturday, March 28, 2026, starting at 10:30 A.M. and concluding at 10:51 A.M. The meeting was conducted electronically via video conferencing or other audio-visual means.The meeting was convened under an order dated February 12, 2026, passed by the National Company Law Tribunal (NCLT) Ahmedabad Bench, to consider and approve a scheme of amalgamation between Vitanosh Ingredients Private Limited and Lactose (India) Limited, along with their respective shareholders.Mr. Laxman Madnani, a member appointed by the NCLT, chaired the meeting. Shareholders were provided with a facility for remote e-voting, which was available from...

Keerthi Industries Limited Announces Effective Date for Electronics Division Slump Sale Keerthi Industries Limited, formerly Suvarna Cements Limited, announced that the effective date of the Business Transfer Agreement (BTA) for the sale and transfer of its Electronics Division is March 31, 2026. The agreement, initially approved by the Audit Committee and Board of Directors on May 29, 2025, and subsequently by shareholders on July 10, 2025, involves a slump sale to Keerthi Holdings Private Limited, formerly known as Hyderabad Bottling Co. Private Limited.The consideration for the sale is INR 36 crore, received as of December 1, 2025. Proceeds from the sale will be used to repay bank facilities consisting of term loans and cash...

Senores Pharmaceuticals Allots Warrants in Preferential Issue Senores Pharmaceuticals Limited announced the allotment of 11,70,000 warrants convertible into equity shares on a preferential basis. The decision, made at a board meeting held on March 28, 2026, follows approvals from members on January 31, 2026, and in-principle approvals from the BSE Limited and National Stock Exchange of India Limited on March 13, 2026.The warrants, each carrying the right to subscribe to one equity share, have an exercise price of ₹812 per warrant. The total value of the allotment aggregates to ₹95,00,40,000. Allottees paid ₹203 per warrant, amounting to ₹23,75,10,000, at the time of allotment.The warrants were allotted to:Name of the...

Crizac Limited to Invest $2.5 Million in AI-Based Education Technology Platform Kolkata, March 28, 2026 – Crizac Limited, a B2B education platform headquartered in Kolkata, announced a strategic initiative to develop an AI-based education technology platform through its subsidiary, EduMentor. The company intends to invest $2.5 million over a five-year strategic integration roadmap.Crizac Limited serves over 135 global higher education institutions across the United Kingdom, United States of America, Canada, the Republic of Ireland, Australia, New Zealand, and the United Arab Emirates, leveraging a network of more than 10,000 registered agents. EduMentor is positioned as a strategic complement to Crizac’s existing technology-led...

Orchasp Limited Receives Spot Memo Regarding GST Audit Orchasp Limited announced today, March 28, 2026, that it received a spot memo from the Office of the Commissioner of Goods and Services tax (Central tax), Hyderabad Audit, Hyderabad. The memo pertains to a GST audit covering the period 2020-21 to 2023-24.The notice was received via email on March 27, 2026, at 3:49 PM. The spot memo relates to alleged violations concerning the mechanism under Section 20 of the IGST Act of 2017, specifically non-payment of GST on imported services under the reverse charge mechanism, and Section 74 of the CGST/SGST Act of 2017.The potential financial impact of this matter is quantified at Rs. 12,58,59,446, along with applicable interest and...

Sayaji Hotels Announces Promoter Group Share Sale to Meet Minimum Public Shareholding Requirements Sayaji Hotels (Indore) Ltd. announced on March 28, 2026, that MP Entertainment and Developers Private Limited, a member of the Promoter Group, intends to sell equity shares to comply with Minimum Public Shareholding (MPS) requirements. This action follows an increase in Promoter/Promoter Group shareholding due to an Open Offer by Century 21 Officespace Private Limited and its Persons Acting in Concert (PACs) as per SEBI regulations.The sale aims to restore the Company's public shareholding to the prescribed level within a stipulated timeline.Here's a summary of the proposed share sale:DetailInformationIntention and Purpose of...

Tata Steel Receives Order Regarding Revision Application for Coal Production Tata Steel Limited announced on March 28, 2026, that it has received an order from the Hon'ble Revisional Authority, Ministry of Coal, Government of India, concerning Revision Application(s) Nos. 38, 39 and 40 of 2026. These applications challenge Demand Notice(s) issued by the District Mining Officer in Dhanbad, Jharkhand, alleging excess coal production beyond permissible limits at the company's Jharia collieries during the period FY2000-01 to FY2016-17. The total amount of the demand notice is ₹385.19 crore.The Revisional Authority has admitted the Revision Application(s) for consideration and directed the State Authorities of Jharkhand to refrain from...

Thermax Wins Rs. 1,600 Crore Boiler Package Order for Ultra-Supercritical Power Plant Pune, March 27, 2026 – Thermax announced today that Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a wholly owned subsidiary, has secured a significant boiler package supply order valued at approximately Rs. 1,600 crore. The order is from a leading thermal power projects company in Central India for a 1x800 MW ultra-supercritical thermal power plant.The project scope encompasses manufacturing, supply, supervision of installation and commissioning, and performance testing of the boiler package. Execution will follow the project milestones and delivery schedules outlined in the contract.“This order marks a significant breakthrough for...

Hindustan Petroleum Corporation Limited Announces Changes to its Board of Directors Hindustan Petroleum Corporation Limited (HPCL) announced changes to its board of directors, effective March 28, 2026. The changes follow the completion of tenure for two independent directors.Shri Bechan Lal (DIN: 09397116) and Smt. Sharda Singh Kharwar (DIN: 09414443) have ceased to be Independent Directors of the company. Their tenures concluded on March 27, 2026.Source:

Keerthi Industries Limited Approves Addendum to Business Transfer Agreement Keerthi Industries Limited (formerly Suvarna Cements Limited) announced on March 28, 2026, that its Board of Directors approved an addendum to the Business Transfer Agreement with Keerthi Holdings Private Limited (formerly Hyderabad Bottling Co. Private Limited). The agreement pertains to the slump sale of the company’s Electronics Business.The initial Business Transfer Agreement was approved by the Audit Committee and Board of Directors on May 29, 2025, and subsequently by shareholders on July 10, 2025. The effective date of the agreement is March 31, 2026.According to the Electronics Business Transfer Agreement, the consideration for the sale is INR 36...