Markets

Federal Bank to Receive ₹489.60 Crore Refund from Income Tax Department The Federal Bank Limited announced on March 27, 2026, that it has received orders from the Income Tax Department, Corporate Circle 2 (1), Kochi, impacting assessment years 2015-16 and 2017-18. The orders, issued under Section 254 of the Income Tax Act, 1961, reflect a decision from the Income Tax Appellate Tribunal (ITAT) dated August 13, 2024.According to the orders received on March 26, 2026, the aggregate amount refundable to the bank, including interest under Section 244A of the Income-tax Act, totals ₹489,60,20,918.DetailAmount (₹)Refundable Amount (AY 2015-16 & 2017-18)489,60,20,918The bank has requested that the stock exchanges take note of this...

Nitin Spinners Limited Acquires Stake in CGE ll Hybrid Energy Private Limited Nitin Spinners Limited announced on March 27, 2026, that its Investment Committee approved the execution of a Power Supply Agreement and Share Purchase Agreement with CGE ll Hybrid Energy Private Limited.The acquisition, which does not constitute a related party transaction, involves the purchase of 6.66% equity shares in CGE ll Hybrid Energy Private Limited. The total cost of acquisition amounts to Rs.95202020, with a value of Rs.10 per share. Payment will be made through an online banking system.CGE ll Hybrid Energy Private Limited was incorporated on December 2, 2021, and is a subsidiary of Continuum Green Energy Limited. The company is engaged in power...

Coal India Announces ₹3300 Crore Investment in Coking Coal Washeries Kolkata – Coal India Limited (CIL) announced plans to establish eight new coking coal washeries with a combined washing capacity of 21.5 Million Tonnes per Year (MT/Y). The project represents a capital outlay of ₹3300 crores.The new washeries, slated to be operational by Fiscal Year 2030, complement CIL’s existing ten washeries, which currently possess a cumulative capacity of 18.35 MT/Y.In addition to the new construction, CIL will invest ₹300 crores in the renovation and modernization of its existing coking coal washeries. Five of the new washeries will be located within Central Coalfields Limited (14.5 MT/Y), while three will be situated in Bharat Coking Coal...

Dr. Lal PathLabs Schedules Board Meeting to Review FY26 Financial Results Dr. Lal PathLabs Ltd. announced that a board meeting is scheduled for Thursday, April 30, 2026, to review and approve the audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026.In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s code for prevention of insider trading, the trading window for securities of Dr. Lal PathLabs will be closed from April 1, 2026, to May 2, 2026, inclusive.Source:

TV Today Network Ltd. Schedules Board Meeting, Announces Trading Window Closure TV Today Network Ltd. announced a board meeting scheduled for Friday, May 15, 2026. The meeting will focus on reviewing and approving the Audited Standalone & Consolidated Financial Results for the fourth quarter (Q4) and financial year ending March 31, 2026. Additionally, the board will consider and recommend a final dividend, if any, for the Financial Year 2025-26 to be approved by shareholders at the upcoming Annual General Meeting.In accordance with the company's insider trading policy, the trading window for the company's shares will be closed for all insiders from April 01, 2026 to May 17, 2026, inclusive.Source:

QVC Exports Limited Receives Warning Letter from SEBI, Explains Disclosure Delay QVC Exports Limited (NSE: QVCEL) received a warning letter from the Securities and Exchange Board of India (SEBI) on March 17, 2026, regarding non-compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed the receipt of the warning letter to the National Stock Exchange of India Limited (NSE).The SEBI letter cited two instances of non-compliance. Firstly, QVC Exports Limited did not report a variance of Rs. 6.57 lakhs in the utilization of funds earmarked for "Repayment of Unsecured Loan" in a statement filed with the NSE and in its annual report for the fiscal year...

Bayer CropScience Ltd. Receives Penalty Order Related to GST Bayer CropScience Ltd. announced today, March 27, 2026, that it has received a penalty order from the Office of the Assistant Commissioner, Central GST, Division-IV (Narol), Ahmedabad, Gujarat. The order, dated March 26, 2026, pertains to Goods and Services Tax (GST) on outward supply for the financial year 2019-20.The penalty imposed amounts to Rs. 11.87 million. The company has indicated that the order is currently appealable, and an assessment will be made regarding exercising the right to appeal.The company is evaluating the potential impact of the penalty on its financial and operational activities.Source:

Aditya Vision Ltd. Opens Two New Showrooms, Expanding Retail Presence Aditya Vision Ltd. announced the opening of two new showrooms on March 27, 2026. The company, listed on the BSE and NSE with Scrip Code 540205 and Symbol AVL, has expanded its retail network with the new additions.The new showrooms are located in Uttar Pradesh. The showroom in Kannauj is situated at G.T. Road, Makrand Nagar, Kannauj- 209726, and represents the company’s 198th showroom. The second showroom is located on Pharenda Road, Shastri Nagar, Jila Udyog Chauraha, Maharajganj-273303, marking the company’s 199th showroom.S.No.Showrooms Name1G.T. Road, Makrand Nagar, Kannauj- 209726, Uttar Pradesh -(198 th Showroom)2Pharenda Road, Shastri Nagar, Jila...

Jupiter Infomedia Ltd. Director Disposes of Shares Jupiter Infomedia Limited announced that Umesh Vasantlal Modi, a Promoter and Managing Director, has disposed of shares in the company. The disclosure, made on March 26, 2026, adheres to the Securities and Exchange Board of India (SEBI) regulations.Modi, who is also a Seller, divested 1,50,000 shares, representing 1.50% of the company’s total share/voting capital and diluted share/voting capital. Prior to the disposal, Modi held 14,27,872 shares, representing 14.25% of the company’s share/voting capital and diluted share/voting capital. Following the sale, his holding decreased to 12,77,872 shares, representing 12.75% of the company’s share/voting capital and diluted share/voting...

Digital Fibre Infrastructure Trust Announces Trading Window Closure Mumbai – March 27, 2026 – Digital Fibre Infrastructure Trust has announced the closure of its trading window for unit holders. The closure, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, began Wednesday, April 1, 2026.The trading window will reopen 48 hours after the audited financial information for the quarter and financial year ending March 31, 2026, is publicly announced.The date of the Board Meeting to consider and approve the financial information will be communicated at a later date.This action is taken by Infinite India Investment Management Limited, acting as the Investment Manager of the Trust.Source:

SKIL Infrastructure Limited Announces Resignation of Company Secretary SKIL Infrastructure Limited, currently undergoing a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, announced the resignation of Nilesh Mehta from his position as Company Secretary and Compliance Officer, effective April 10, 2026.The resignation, tendered on March 23, 2026, is attributed to personal and professional reasons, including prolonged non-payment of salary during the CIRP period exceeding two years.Purusottam Behera, the Resolution Professional, previously served as Interim Resolution Professional (IRP). The Committee of Creditors approved Behera’s appointment as Resolution Professional in November 2025...

Indrani Dasgupta Paul Acquires Shares in Apeejay Surrendra Park Hotels Apeejay Surrendra Park Hotels Ltd. announced that Indrani Dasgupta Paul, a member of the Promoter Group and immediate relative of a promoter, acquired 9,380 fully paid-up equity shares, representing 0.00440% of the company's total share capital, on March 24, 2026. The acquisition was made through on-market purchases.As of December 31, 2025, the company's equity share capital stood at INR 21,33,74,246, divided into 21,33,74,246 fully paid-up equity shares of INR 1/- each.The company also disclosed a list of members of the Promoter Group who do not hold shares in Apeejay Surrendra Park Hotels Ltd. This list includes individuals and entities such as Priti Paul...

Mayank Cattle Food Ltd. Sells Stake in Subsidiary Nanogen Agrochem Mayank Cattle Food Ltd. announced today, March 27, 2026, the sale of a 64.96% stake in its subsidiary, Nanogen Agrochem Private Limited. The transaction involved the disposal of shares representing 64.96% of Nanogen Agrochem’s total 65.00% shareholding.The company received Rs. 64,960 (Rupees Sixty Four Thousand Nine Hundred Sixty only) for the sale. The buyer, Shingala Chandresh Manilal, is located in Junagadh, Gujarat, and is not affiliated with Mayank Cattle Food's promoter group or group companies. The transaction was completed on March 27, 2026, with no prior sale agreement executed.According to data as of March 31, 2025, Nanogen Agrochem contributed 0.40% to the...

Cemindia Projects Limited Appoints Soumitra Ghosh to Senior Management Cemindia Projects Limited (formerly ITD Cementation India Limited) announced the elevation of Mr. Soumitra Ghosh to the position of Senior Management Personnel, effective April 2, 2026. The decision was approved by the Board of Directors at a meeting held on March 27, 2026, based on the recommendation of the Nomination and Remuneration Committee.Mr. Ghosh, currently Vice President-Operations, brings over 28 years of experience in the execution of marine structures and project management, having previously worked with various organizations in the infrastructure and engineering sector. He has been associated with the company since 2003. He holds a Bachelors Degree in...

Refex Industries Ltd. Board Approves ₹3,300 Crore Investment and ₹2,010 Crore Related Party Transaction Refex Industries Limited announced on March 27, 2026, that its Board of Directors approved several key initiatives at a meeting held on March 26, 2026.The Board authorized investments, loans, guarantees, and security totaling up to ₹3,300 Crore, exceeding limits stipulated under the Companies Act, 2013. Previously, the limit was set at ₹2,500 Crore.Additionally, the Board approved a Material Related Party Transaction of up to ₹2,010 Crore with Venwind Refex Power Limited, a subsidiary company.Shareholders will vote on these matters via postal ballot. The postal ballot process will include remote e-voting from April 1, 2026 (9:00...

Sotac Pharmaceuticals Appoints Auditors Sotac Pharmaceuticals Limited announced the appointment of M/s. Mittal V. Kothari & Associates as the company’s Secretarial Auditor and M/s GBP & Associates as the Internal Auditor for the financial year 2025-26. The decisions were made during a Board of Directors meeting held on Friday, March 27, 2026, at the company's Registered Office in Ahmedabad.Mittal V. Kothari & Associates will conduct the Secretarial audit, while GBP & Associates will perform the Internal audit for the financial year ending 2025-26.Appointment DetailsSr. No.ParticularDetails1Name of the Person / Auditor / Auditor Firm / RTAM/s. Mittal V. Kothari& Associates (Secretarial Auditor) and M/s GBP & Associates...

Interise Trust Certifies Commercial Paper Proceeds Usage and Compliance Interise Trust confirmed that proceeds from its commercial paper issuance were utilized for the stated purposes and that the trust adhered to listing conditions, according to a certificate issued by Interise Investment Managers Private Limited, acting as the Investment Manager to Interise Trust. The certificate was provided on March 27, 2026.Details of the commercial paper are as follows:IssuerInterise TrustSecurity DescriptionUnsecured, listed, rated commercial papers on a private placement basisDate of Allotment of CPFebruary 17, 2026ISININE790Z14042Face value of CPRs. 5,00,000Issue Price per CPRs. 4,95,961Discount Rate / yield /...

AYM Syntex Ltd. Allots 33,000 Equity Shares Under Employee Stock Option Scheme AYM Syntex Ltd. announced today, March 27, 2026, that its Finance Committee has approved the allotment of 33,000 fully paid up equity shares to eligible employees under the AYM Employee Stock Option Scheme 2021. The shares, with a face value of Rs. 10 per share, rank pari-passu with existing equity shares.The allotment increases the company’s paid-up share capital from Rs. 58,58,10,910 (5,85,81,091 equity shares) to Rs. 58,61,40,910 (5,86,14,091 equity shares).Source:

Sundaram Finance Appoints V. Muralidharan as Senior General Manager Sundaram Finance Limited announced the appointment of V. Muralidharan as Senior General Manager & Head - Strategy & Planning, effective March 5, 2026. The appointment was approved by the Board of Directors following a recommendation from the Nomination, Compensation and Remuneration Committee.The Board meeting took place on March 27, 2026, commencing at 10:00 A.M. and concluding at 11:50 A.M.Mr. Muralidharan brings to Sundaram Finance nearly 22 years of experience, including 18 years in business consulting with KPMG, most recently serving as a Partner. He holds a B. Tech from the National Institute of Technology, Calicut, and a PGDM from the Indian Institute of...

JSW Steel Schedules Board Meeting, Trading Window Closure JSW Steel Ltd., a part of the O. P. Jindal Group, announced a board meeting scheduled for Thursday, May 14, 2026. The meeting will focus on reviewing the audited financial results for the quarter and year ended March 31, 2026.In accordance with the company's insider trading regulations, the trading window for designated individuals and their immediate relatives will be closed from April 1, 2026, to May 16, 2026, inclusive. This closure aligns with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.Manoj Prasad Singh, Company Secretary (in the interim capacity), made the announcement on behalf of JSW Steel Limited. The company is...