Markets

Everest Kanto Cylinder Limited Appoints Amitkumar C. Choksi as Head HR Mumbai, India – March 26, 2026 – Everest Kanto Cylinder Limited announced the appointment of Amitkumar C. Choksi as Head HR, effective March 26, 2026. The appointment was made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Mr. Choksi brings over 25 years of experience in talent management, employee experience, performance management, and skill gap analysis. Prior to joining Everest Kanto Cylinder Limited, he held the position of Head HR & IR at R. N. Laboratories. His previous roles include tenures at Amul, Hindustan Unilever Limited, Kohler, Gujarat Fluorochemicals Limited, and Quaker Chemical.Mr. Choksi holds degrees...

The Bombay Burmah Trading Corporation Ltd. Announces Sale of Tea Plantations The Bombay Burmah Trading Corporation Limited announced on March 26, 2026, that its Board of Directors approved the sale of Tea Plantations (Dunsandle Estate) located in Village Sholur, Taluka Udhagamandalam, District Nilgiris, subject to approvals from relevant authorities.The board meeting commenced at 2:15 P.M. and concluded at 2:50 P.M.Financial Details of the DivisionAccording to the company, the division contributed Rs. 5.65 crore (2.05%) to the company’s turnover and Rs. 7.10 crore (3.76%) to its net worth during the last financial year.Transaction DetailsDefinitive agreements for the sale are expected to be executed at a later date. The...

Sujala Investments Discloses Acquisition of Rain Industries Shares Rain Industries Limited received a disclosure from Sujala Investments Private Limited, a promoter group entity, regarding the acquisition of shares on March 25, 2026, from the open market.Sujala Investments acquired 53,300 equity shares, representing 0.0158%, of Rain Industries Limited. This acquisition brings Sujala Investments’ total holding to 3,79,76,174 equity shares, constituting 11.29% of the company’s outstanding shares.The details are as follows:Shareholding DetailsDetailBefore AcquisitionAfter AcquisitionShares carrying voting rights held by Sujala Investments3,79,22,8743,79,76,174Percentage of total shares (voting rights)11.27%11.29%...

The Bombay Burmah Trading Corporation Limited Announces Sale of Tea Plantations The Bombay Burmah Trading Corporation Limited announced on March 26, 2026, that its Board of Directors has approved the sale of its Tea Plantations (Dunsandle Estate) located in Village Sholur, Taluka Udhagamandalam, District Nilgiris. The sale is subject to approval from relevant authorities.The Board meeting commenced at 2:15 P.M. and concluded at 2:50 P.M.Financial Details Regarding the DivisionAccording to disclosures, the division contributed Rs. 5.65 crore (2.05%) to the company’s turnover and Rs. 7.10 crore (3.76%) to its net worth during the last financial year.Transaction DetailsThe definitive agreements for the sale are expected to be...

Rain Industries Receives Disclosure of Share Acquisition by Promoter Group Entity Mumbai – March 26, 2026 – Rain Industries Limited announced that it received a disclosure from Nivee Holdings Private Limited, a promoter group entity, regarding the acquisition of shares in the company. The disclosure was made in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.According to the filing, Nivee Holdings Private Limited acquired 80,000 equity shares, representing 0.0238%, of Rain Industries Limited on March 25, 2026, through open market transactions. This acquisition resulted in Nivee Holdings Private Limited holding 8,623,250 equity shares, equivalent to 2.56% of the company’s outstanding shares. The total value of...

ACS Technologies Limited Receives Work Order from Hindustan Aeronautics Limited ACS Technologies Ltd. announced it has received a work order from Hindustan Aeronautics Limited, marking a significant milestone for the organization. The engagement involves the delivery of 6 racket integrated data centre and is expected to positively impact the company’s revenue and strengthen its presence in the data centre solutions segment.The order is to be completed by September 19, 2026. The total value of the order is ₹15,576,000.Key details of the work order are summarized below:S.NoParticularsDetails1Name of the entity awarding the ordersHindustan Aeronautics Limited2Significant terms and conditions of ordersAs per the Agreement...

Hardcastle & Waud Manufacturing Company Ltd. Approves Sale of Immovable Property Hardcastle & Waud Manufacturing Company Limited announced on March 26, 2026, that its Board of Directors has approved the sale of an immovable property. The property, Unit No. 7B on the 3rd floor of Sagar Estate, located at Premises No. 2, Narendra Chandra Dutta Sarani, Kolkata - 700001, will be sold to Jeevdani Business Ventures Limited. Jeevdani Business Ventures Limited is part of the Promoter Group of Hardcastle & Waud Manufacturing Company Limited and the transaction will occur on an arm's length basis.The Board meeting approving the sale took place on March 26, 2026, commencing at 2:00 p.m. and concluding at 2:30 p.m.Source:

Rain Industries Ltd. Announces Promoter Acquisition of Shares Mumbai – March 26, 2026 – Rain Industries Limited (BSE: 500339, NSE: RAIN) announced that Nivee Holdings Private Limited, a promoter entity, acquired shares in the company through open market transactions on March 25, 2026.According to a disclosure, Nivee Holdings Private Limited acquired 80,000 equity shares, representing 0.0238%, of Rain Industries Limited. This acquisition increased the company’s holding from 85,43,250 shares (2.54%) to 86,23,250 shares (2.56%).The total diluted share/voting capital of Rain Industries Limited remains at 33,63,45,679 equity shares of Rs. 2/- each.Shareholding DetailsThe following table summarizes the shareholding changes for both...

Victory Electric Vehicles International Limited Appoints Additional Director Victory Electric Vehicles International Limited announced the appointment of Mrs. Harsh as an Additional Director (Non-Executive and Independent) on March 26, 2026. The appointment was approved at a Board meeting that commenced at 2:00 P.M. and concluded at 2:30 P.M.Mrs. Harsh (DIN: 11545213) has been appointed for a period of 5 years, pending shareholder approval via Postal Ballot. She is not related to any other director of the company.Background on Mrs. Harsh:Mrs. Harsh holds a Diploma in Education (D.Ed.) from Maharshi Dayanand University (MDU), a Bachelor of Commerce (B.Com) from the University of Delhi (DU), a Master of Arts (MA) from Indira Gandhi...

Tomorrow Technologies Global Innovations Limited Reviews Director Performance Tomorrow Technologies Global Innovations Limited, formerly known as CNI Research Limited, announced the outcome of a meeting of its Independent Directors held on March 26, 2026. The meeting, which began at 1:30 PM and concluded at 2:00 PM, focused on evaluating director performance and information flow within the company.The Independent Directors reviewed the performance of Non-Independent Directors and the Board as a whole. Additionally, they assessed the performance of the Chairman of the Company, considering perspectives from Executive and Non-executive Directors. The meeting also evaluated the quality, quantity, and timeliness of information provided to...

Jupiter Infomedia Announces Leadership Changes Following Acquisition Jupiter Infomedia Limited announced leadership changes on March 26, 2026, following an acquisition by Arix Capital Limited and Mrs. Kajal Gopal Baldha. The changes mark the completion of a share purchase agreement dated April 9, 2025, and subsequent open offer, resulting in the Acquirers holding approximately 51.00% of the company's voting share capital.Resignations and Change of ControlThe Board of Directors acknowledged the resignations of Umesh Vasantlal Modi (Chairman and Managing Director), Manisha Umesh Modi (Whole-Time Director and CFO), Kusumben Vasantlal Modi, and Aishwarya Umesh Modi, effective March 26, 2026. These resignations signify that the...

Rama Phosphates Ltd. Credit Rating Placed on Negative Watch Rama Phosphates Ltd. announced today, March 26, 2026, that ICRA, a Credit Rating Agency, has placed its existing credit ratings on a rating watch with negative implications. The rating actions affect various facilities of the company, totaling a rated amount of 136.00 Crore Rupees.The affected ratings and their current status are detailed below:FacilitiesCurrent Rated Amount (Rs. Crore)Current RatingLong Term -- Fund Based Limits80.00ICRA A-; placed on rating watch with negative implicationsShort Term - Non-Fund Based Limits48.00ICRA A2+; placed on rating watch with negative implicationsLong Term - Fund Based - Term Loan8.00ICRA A-; placed on rating watch with...

Sonal Adhesives Ltd. Schedules Board Meeting to Review Financial Results Sonal Adhesives Ltd. announced a board meeting scheduled for Thursday, May 28, 2026, at 4:00 p.m. The purpose of the meeting is to consider and approve the audited financial results for the fourth quarter and the year ended March 31, 2026.In accordance with SEBI regulations and the company's internal code, the trading window for securities of Sonal Adhesives Ltd. will be closed from April 1, 2026, to May 30, 2026, inclusive, for designated persons and insiders.Sandeep Arora, Managing Director of Sonal Adhesives Limited, with DIN 00176939, made the announcement. The company's scrip code is 526901.Source:

Switching Technologies Gunther Ltd. Appoints Secretarial Auditor Switching Technologies Gunther Limited announced the appointment of Ms. Divya Mohta as the Company Secretary in Practice, New Delhi, to serve as the Secretarial Auditor. The appointment was approved by the Board of Directors at a meeting held on March 26, 2026.Ms. Mohta, holding Membership No. 47040 and Certificate of Practice No. 17217, with Peer Review No. 2773/2022, will hold office until the conclusion of the Company’s ensuing Annual General Meeting.The Board meeting commenced at 2:30 p.m. and concluded at 2:57 p.m. (IST).Details of the Appointment:ParticularsDetailsReason for ChangeThe Board appointed Ms. Mohta as Secretarial Auditor to conduct the...

Atharv Enterprises Limited Board Approves Auditor Appointment and Scrutinizer for Postal Ballot Atharv Enterprises Limited announced that its Board of Directors met on March 26, 2026, and approved several key matters. The meeting commenced at 2:00 p.m. and concluded at 2:30 p.m.The Board approved a postal ballot notice to shareholders seeking approval for the appointment of M/s. SHWETA JAIN & CO LLP (Firm Registration No. 127673W/W101149) as the company’s Statutory Auditors to fill a Casual Vacancy. Additionally, M/s. Nidhi Bajaj & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer for conducting the Postal Ballot process.The decisions were made by Pramod Kumar Gadiya, Managing Director, with DIN...

National Highways Infra Trust Distributes Rs. 1.160 Per Unit to Unitholders National Highways Infra Trust (NHIT) has completed the distribution of Rs. 1.160 per unit to eligible unitholders for the period ended January 2026. The payment, which was previously announced on March 16, 2026, and March 18, 2026, was finalized on March 26, 2026.The record date for the distribution was set as March 20, 2026. Distributions for the months leading up to December 2025 have already been disbursed. The distribution is subject to applicable withholding taxes.Source:

UltraTech Cement Completes Settlement Proceedings Related to Jaiprakash Associates Acquisition UltraTech Cement Limited announced on March 26, 2026, the resolution of settlement proceedings concerning the acquisition of certain cement plants from Jaiprakash Associates Limited (JAL). The resolution follows a dispute that was referred to arbitration.As part of the original agreement, signed on June 27, 2017, UltraTech Cement issued 100,000 Series A Redeemable Preference Shares of Rs. 100,000 face value each to JAL, which were placed in escrow. These shares were contingent upon the satisfaction of conditions regarding the Dalla Super unit and mines located in Uttar Pradesh.The final award from the Arbitral Tribunal, issued on March 26...

Suraj Industries Ltd. Increases Stake in Shri Gang Industries and Allied Products Limited Suraj Industries Ltd. announced on March 26, 2026, that its Board of Directors approved the acquisition of additional equity shares in Shri Gang Industries and Allied Products Limited ('Shri Gang'). The company will acquire 25,000 shares from Mr. Vikas Gupta and 24,800 shares from Mr. Ritesh Gupta, both members of the Promoter Group.These acquisitions will increase Suraj Industries Ltd.'s shareholding in Shri Gang to 20.27% from the current 20.02%. The transactions constitute related party transactions and were reviewed and approved by the Audit Committee. The transactions were conducted on an arm's length basis.Shri Gang Industries and Allied...

Accent Microcell Limited Receives Upgraded Ratings from CARE Ratings Accent Microcell Limited (ACCENTMIC) has received an upgrade to its bank facilities from CARE Ratings Limited, according to a press release dated March 26, 2026. The revision reflects significant growth in the company’s operations during fiscal year 2025 (audited, April 1 to March 31) and the first half of fiscal year 2026 (unaudited).Rating Actions The details of the upgraded ratings are presented in the following table:Facilities/InstrumentsAmount (₹ crore)Rating 1Rating ActionLong-term bank facilities1.48 (Reduced from 1.66)CARE A-; StableUpgraded from CARE BBB+; StableLong-term / Short-term bank facilities35.00 (Enhanced from 20.50)CARE A-; Stable / CARE...

Deepak Fertilisers Subsidiary Sees Reduction in Tax Demand Deepak Fertilisers & Petrochemicals Corporation Ltd. announced a reduction in a tax demand against its wholly-owned material subsidiary, Mahadhan AgriTech Limited. The initial assessment order from the Assistant Commissioner of Commercial Taxes (Audit)-6, DGSTO-6, Bengaluru, had raised a demand of ₹1,84,40,339.Following an application for rectification filed under Section 161 of the CGST Act, 2017, the Tax Authority revised the demand, decreasing it to ₹1,04,048. The rectification order was received by the company at 2:56 p.m. on March 25, 2026.The information is also available on the company’s website at www.dfpcl.com.Source: