Markets

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...

Shreehas Tambe Appointed CEO & Managing Director of Biocon Limited, Effective April 1, 2026 Bengaluru, Karnataka, India: March 27, 2026: Biocon Limited (BSE: 532523; NSE: BIOCON) announced the appointment of Shreehas Tambe as its Chief Executive Officer & Managing Director, effective April 1, 2026. The appointment follows approvals from the Nomination & Remuneration Committee and the Board of Directors. Kedar Upadhye has also been appointed as Chief Financial Officer of Biocon Limited.This leadership transition is part of the full integration of Biocon Biologics Limited as a wholly owned subsidiary of Biocon Limited, creating a simplified and unified corporate structure. The combined enterprise is positioned to lead in diabetes...

Sundaram Finance Board Approves ₹17,000 Crore Fundraise Through Non-Convertible Debentures Sundaram Finance Limited announced on March 27, 2026, that its Board of Directors has approved a plan to raise up to ₹17,000 crore during the financial year 2026-27. The fundraise will be achieved through the issuance of Non-Convertible Debentures on a private placement basis, potentially in multiple tranches.The Board meeting, which took place from 10:00 A.M. to 11:50 A.M., authorized the fund raising initiative. P.N. Srikant, CCO & Company Secretary, provided the update.Source:

Davin Sons Retail Ltd. Enters into Memorandum of Understanding for Retail Premises Davin Sons Retail Limited announced on March 27, 2026, that it has entered into a Memorandum of Understanding (MOU) with Jalandhar Leather (India) Limited.The MOU concerns a commercial rent arrangement for retail premises located at Shop No. 194 L, Model Town, Jalandhar - 144003. The agreement outlines broad terms and conditions and is contingent on the execution of a detailed definitive agreement.According to the company, the arrangement is consistent with its ordinary course of business and is intended to support operational requirements. Mohit Arora, Managing Director, confirmed the agreement.Source:

PCBL Chemical Ltd. Commissions Additional Carbon Black Capacity PCBL Chemical Limited announced the successful commissioning of a new brownfield capacity for carbon black production. The wholly-owned subsidiary, PCBL (TN) Limited, has added 30,000 metric tons of capacity at its plant in Tamil Nadu.Commercial production from the expanded facility commenced on March 27, 2026. The increased capacity is intended to meet market requirements and support the company’s long-term growth plans.PCBL Chemical Limited’s existing carbon black production capacity is 207,000 MTPA, with a current utilization rate of 88%.ParticularsDetailsExisting capacity207,000 MTPAExisting capacity utilization88%Proposed Capacity addition30,000 MTPA...

State Trading Corporation of India Responds to Trading Volume Increase The State Trading Corporation of India Limited (STC) addressed a recent increase in trading volume of its securities. The response follows an email received from the BSE Limited on March 19, 2026.STC, a listed Central Public Sector Enterprise under the administrative control of the Ministry of Commerce & Industry, stated it does not possess information regarding the significant increase in the volume of its securities.The company affirmed it has made disclosures in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as required.Source:

Valplast Technologies Appoints Raghuveer Prasad as Chief Financial Officer Valplast Technologies Limited announced the appointment of Mr. Raghuveer Prasad as Chief Financial Officer and Key Managerial Personnel, effective March 27, 2026. The decision was made by the company's Board of Directors at a meeting held on Friday, March 27, 2026.Mr. Prasad holds an MBA in Finance and a Bachelor of Commerce (Hons.) Degree. He brings over 18 years of experience in finance and accounting, with expertise in financial analysis, account finalization, taxation, and financial management.The Board meeting commenced at 11:00 A.M. and concluded at 11:45 A.M.Details of the Appointment:Sr. No.ParticularsDetails1Name of the CompanyValplast...