Markets

Aether Industries Ltd. Allots Shares Under Employee Stock Option Scheme Aether Industries Ltd. announced the allotment of 5,454 equity shares on March 27, 2026, under the Aether Industries Limited Employee Stock Option Scheme 2021 (AIL ESOS 2021). The exercise price for these shares is Rs. 885 each.The company had previously obtained in-principle approval from both the BSE India Limited and the National Stock Exchange of India Limited for a pool of 11,00,000 equity shares under the AIL ESOS 2021, with shares ranking pari-passu with existing equity shares.Following the allotment, Aether Industries Ltd.'s total issued share capital stands at Rs. 1,32,67,98,240, comprising 13,26,79,824 equity shares with a face value of Rs. 10 each...

Rambara Trading Private Limited Reports Inter-se Transfer of Shares in Mangalam Cement Ltd. Kolkata – March 27, 2026 – Rambara Trading Private Limited has reported an inter-se transfer of shares in Mangalam Cement Ltd., according to a filing with the National Stock Exchange of India Ltd. and BSE Limited.The transaction, which occurred on March 24, 2026, involved the acquisition of 480,000 shares carrying voting rights in Mangalam Cement Ltd. This acquisition is part of an inter-se transfer among promoters or promoter group entities.Prior to the acquisition, Rambara Trading Private Limited held 34,75,736 shares representing 12.64% of the total share capital and voting rights. Following the acquisition, the company’s holdings...

Rambara Trading Private Limited Increases Stake in Mangalam Cement Mangalam Cement Limited announced several share transfers involving Rambara Trading Private Limited on March 24, 2026. According to filings, Rambara Trading Private Limited acquired 480,000 shares through inter-se transfers among promoters. The transaction price was Rs. 818 per share.Prior to the transaction, Rambara Trading Private Limited held 8,621,909 shares, representing 31.36% of the total share capital. Post-transaction, its shareholding increased to 9,101,909 shares, equivalent to 33.10% of the total share capital.The acquisitions were made in reliance upon exemption provided under Regulation 10 (1) (a)(i) of the SEBI (Substantial Acquisition of Shares and...

Oil Prices Fall 2% as Trump Delays Iran Action; Markets Brace for Volatility Brent crude oil prices fell nearly 2% on Friday amid de-escalation talks in the Middle East. Checkout today’s crude oil price movements, along with experts’ take on the near-term outlook.The Israel-Iran war is impacting oil prices. US President Donald Trump has once again extended the deadline related to action against Iran’s energy sector, providing short-term relief to financial markets while extending uncertainty over how the conflict may unfold into April.Brent crude fell as much as 2% to slip below $106 per barrel on Friday after having surged nearly 6% in the previous session, while West Texas Intermediate hovered around $93 a barrel.Back home...

V B Industries Ltd. Appoints New CFO Following Resignation Kolkata – March 27, 2026 – V B Industries Ltd. announced changes within its Key Managerial Personnel (KMP) during a board meeting held on March 27, 2026. The board approved the resignation of Mr. Jagannath Pandit as Chief Financial Officer (CFO), effective March 26, 2026, due to personal reasons. Simultaneously, the board appointed Mr. Jagdish Prasad Purohit as the new CFO, also effective March 27, 2026.Mr. Purohit is a commerce graduate with a law degree and possesses over 30 years of expertise in accounting, taxation, capital markets, and legal and secretarial matters.According to a letter from Mr. Pandit, he confirmed that there were no other material reasons for his...

Novartis India Appoints Additional Director, Acknowledges Departing Board Member Novartis India Ltd. announced several board changes Friday, March 27, 2026. The company appointed Ms. Gowree Gokhale as an Additional Director, designated as a Non-Executive and Independent Director, effective April 1, 2026. Her appointment is for a five-year term, extending until March 31, 2031, pending shareholder approval.Ms. Gokhale brings extensive legal experience, including specialization in Intellectual property, Labour, Tax, and Consumer Protection laws. She previously co-led the Pharma and Medical Devices practice at Nishith Desai Associates and currently leads her own independent chamber practice.The Board also acknowledged the completion of...

Royal Orchid Hotels Announces New Property in Mundra, Gujarat Mundra, March 27, 2026 - Royal Orchid & Regenta Hotels Ltd. (ROHL) announced the signing of a new upscale property in Mundra, Gujarat.The upcoming Regenta Hotel, Mundra will be operated under a hotel management agreement, reinforcing ROHL's asset-light expansion strategy and strengthening its presence in key industrial and port cities across India.Located in the port city of Mundra, the hotel is designed to cater to business travelers and logistics professionals. The property will feature 103 well-appointed keys and is scheduled to open by Q4, 2027.The hotel will offer premium facilities, including:e Dining: A signature all-day dining restaurant. e Wellness: A...

Union Bank of India: Ratings reaffirmed; rated amount enhanced for certificates of deposit programme Union Bank of India’s ratings have been reaffirmed by ICRA Ratings Limited, with an enhanced rated amount for its certificates of deposit programme. The credit rating agency also reaffirmed the ratings for the bank's infrastructure bonds and Basel III Tier II bonds.On March 26, 2026, ICRA Ratings Limited assigned/reaffirmed the ratings for the following instruments:Sr. No.ISINName of the Credit Rating AgencyCredit Rating assignedOutlook (Stable/Positive/Negative/No outlook)Rating Action (New/Upgrade/Downgrade/Reaffirm/OtherSpecify other rating actionDate of Credit RatingVerification status of Credit Rating AgenciesDate of...

Authum Investment & Infrastructure Acquires Shares in Pratap Snacks Limited Mumbai – March 27, 2026 – Authum Investment & Infrastructure Limited has acquired additional shares in Pratap Snacks Limited, as disclosed to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).According to a filing, Authum Investment & Infrastructure, which is part of the Pratap Snacks Limited promoter group, purchased 27,027 equity shares through market purchases on March 23, 2026.Prior to the acquisition, Authum Investment & Infrastructure held 1,02,48,709 shares, representing 42.88% of the total share/voting capital and 42.88% of the total diluted share/voting capital of Pratap Snacks Limited. Following the acquisition, the...

Trident Lifeline Ltd. Reports Substantial Acquisition of Shares Trident Lifeline Limited announced that Hardik I. Desai has disclosed a substantial acquisition of shares in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.According to the disclosure, Hardik I. Desai acquired 55,900 shares off the market on March 24, 2026. The total consideration for the acquisition was ₹11,93,30,002.The acquisition has resulted in Hardik I. Desai holding a total of 7,57,021 shares, representing 0.47% of the total diluted share/voting capital of Trident Lifeline Limited.The table below summarizes the details of the acquisition:DetailTRIDENT LIFETINE LIMITEDTRIDENT LIFETINE...

JSL Overseas Holding Limited Acquires Shares in Jindal Stainless Limited JSL Overseas Holding Limited, a promoter group entity, acquired 180,000 equity shares in Jindal Stainless Limited through market purchases on March 23 and 24, 2026. The acquisition was disclosed on March 27, 2026, in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Prior to the acquisition, JSL Overseas Holding Limited held 14,05,67,269 shares, representing 17.05% of Jindal Stainless Limited’s total share and voting capital, and 17.05% of its total diluted share and voting capital. Following the acquisition of 180,000 shares, the company’s holding increased to 14,07,47,269 shares, representing 17.07% of the total share and...

Sachin Govindlal Modi Discloses Shareholding Change in Narmada Macplast Drip Irrigation Systems Ltd Narmada Macplast Drip Irrigation Systems Ltd. announced that Sachin Govindlal Modi disclosed a change in his shareholding via a filing dated March 25, 2026, as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.According to the disclosure, Modi’s holdings changed through open market transactions. Prior to the transaction, his holdings included 1,313,892 shares representing 3.62% of the total share/voting capital and 3.62% of the total diluted share/voting capital. Following the acquisition, Modi’s holdings decreased to 91,381 shares, representing 2.52% of the total share/voting capital and 2.52% of the total...

Advance Metering Technology Ltd. Responds to Share Price Movement Advance Metering Technology Limited addressed inquiries regarding recent share price activity on March 27, 2026. The company attributed the movement to prevailing market conditions, stating it was “purely due to market conditions and absolutely market driven.”The notification, directed to the Manager, Online Surveillance, BSE Ltd., confirmed that Advance Metering Technology Limited has made necessary disclosures as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and maintains its commitment to timely disclosures.Advance Metering Technology Limited's corporate office and manufacturing unit are located at C-4 to C-11, Hosiery Complex...

Goldman Sachs Lowers Nifty 50 Target Amid Geopolitical Concerns New Delhi – Goldman Sachs has downgraded its outlook on Indian equities, reducing its Nifty 50 target to 25,900 from a previous 29,300. The move comes amid escalating concerns over the impact of the ongoing US-Iran war and the subsequent surge in oil prices. Market Outlook Shift Goldman Sachs has shifted its market stance from “overweight” to “marketweight,” citing less attractive risk-reward dynamics compared to North Asian markets, particularly in the face of worsening macroeconomic conditions and slowing earnings growth. The brokerage firm anticipates a potential earnings downgrade cycle driven by sustained increases in energy costs. Revised Earnings Forecasts Based on...

Bank Shares Snap 2-Day Rise Amid Profit Booking, Bond Yield Surge; Sectoral Index Down 2% The Bank Nifty experienced a significant downturn on Friday, reversing a two-day gaining streak as profit booking and a surge in bond yields triggered a 2 percent decline. The index, which had previously risen 4.37 percent over the past two sessions, saw selling pressure throughout the day. All fourteen constituents of the Nifty Bank index were trading in the red. Canara Bank led the decline, falling up to 4 percent. Bank of Baroda decreased by 3.78 percent, while Punjab National Bank declined by 3.29 percent. HDFC Bank reversed its two-day gains, falling more than 2 percent. The decline in HDFC Bank followed reports, citing sources from the...

EaseMyTrip Enters Exclusive Partnership with MSTC Ltd. to Power Travel Services for Government Sector New Delhi, 27 March 2026: EaseMyTrip (Easy Trip Planners Ltd.) has entered into an exclusive partnership with MSTC Ltd., a Government of India enterprise under the Ministry of Steel, to provide comprehensive, technology-enabled travel solutions.Under the agreement, EaseMyTrip will integrate its APIs with MSTC’s system, enabling access to a wide range of services, including flights, hotels, holiday packages, bus bookings, activities, and cab services. The partnership will facilitate corporate travel for government sector organizations, leveraging EaseMyTrip’s extensive travel inventory and advanced technology infrastructure...

Padam Cotton Yarns Ltd. Sees Change in Shareholding Padam Cotton Yarns Ltd. announced a change in shareholding reported by Manoj Rathod Chhaganlal Huf on March 27, 2026, as per Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.The transaction involved the acquisition and sale of shares on the Bombay Stock Exchange. Prior to the transaction, Manoj Rathod Chhaganlal Huf held 6,287,926 shares, representing 2.86% of the total share/voting capital and 2.86% of the total diluted share/voting capital. Additionally, the holding included 110,359 shares in the nature of encumbrance.The acquisition/sale involved 6,287,926 shares carrying voting rights and 110,359 shares in the nature of...

Larsen & Toubro Wins Orders for Buildings & Factories Business Mumbai, March 27, 2026: Larsen & Toubro's Buildings & Factories (B&F) business vertical has secured multiple construction orders across several states in India.The B&F business has secured an order in Gujarat for the construction of a Float Glass Plant. The project includes design and construction of all civil, steel, mechanical, electrical & plumbing, and associated external development work. Additionally, an order was secured in Andhra Pradesh from a two-wheeler company for the construction of a state-of-the-art manufacturing facility, encompassing civil, steel, and architectural works.Several add-on orders have also been received in existing projects, demonstrating...

Brij Rattan Bagri Acquires Shares in BLB Limited BLB Limited announced that Brij Rattan Bagri, Promoter & Managing Director, acquired 54,514 equity shares of the company on March 24, 2026, through an open market transaction.According to a filing, Bagri’s holdings prior to the acquisition consisted of 2,38,04,628 shares, representing 45.03% of the total share and voting capital. Following the acquisition, Bagri’s total holdings increased to 2,38,59,142 shares, representing 45.13% of the total share and voting capital.The equity share capital of BLB Limited stands at Rs. 5,28,65,258.00, comprised of 52865258 equity shares with a face value of Re. 1 per share.Brij Rattan Bagri's DIN is 00007441. The announcement was made on March 27...

PNGS Reva Diamond Jewellery Ltd Promoter Acquires Shares Through Block Deal PNGS Reva Diamond Jewellery Limited announced that promoter Renu Govind Gadgil acquired 700,000 equity shares through a block deal on March 25, 2026.According to a filing, Gadgil, along with Persons Acting in Concert Govind Gadgil, Satyajit Gadgil, Parikshit Gadgil, and Jyoti Paranjape, had previously held 2.2 percentage of the company's total share and voting capital. Following the acquisition, their total holding increased to 24.4 percentage.The total equity share capital of PNGS Reva Diamond Jewellery Limited is Rs. 31,69,84,000, divided into 3,16,98,400 equity shares of Rs. 10 each.Source: