Markets

RattanIndia Enterprises Increases Stake in RattanIndia Power, Company Becomes Associate RattanIndia Enterprises Limited announced on March 26, 2026, that it has acquired an additional 0.19% equity stake in RattanIndia Power Limited (RPL) through a secondary purchase on the National Stock Exchange (NSE). This investment increases RattanIndia Enterprises’ total shareholding in RPL from 19.813% to 20.003%.As a result of the acquisition, RPL has become an associate company of RattanIndia Enterprises according to applicable accounting standards and provisions of the Companies Act, 2013. The total paid-up Equity Share Capital of RPL is Rs. 5370,10,58,600, divided into 537,01,05,860 equity shares of Rs. 10 face value each.The cost of...

Halder Venture Limited Approves Board Resolutions, Including Convertible Warrants Issuance Halder Venture Limited announced several key resolutions passed at a board meeting held on March 26, 2026. The meeting commenced at 3:00 p.m. and concluded at 4:30 p.m.Among the decisions, the company noted the resignation of its Internal Auditor, M/s Somnath Ray & Associates (FRN: 324411E), and subsequently approved the appointment of M/s J Kumar Jain & Associates (FRN: 330168E) as the new Internal Auditor for the Financial Year 2025-2026.The Board also approved a plan to increase the authorized share capital of the company and a corresponding change to the Memorandum of Association, pending shareholder approval via postal ballot...

Rashi Goenka Acquires Shares in Gamco Ltd, Increasing Stake Rashi Goenka, a promoter of Gamco Ltd, acquired 6,206 equity shares on March 25, 2026, through open market transactions. This acquisition brings her total shareholding to 1,411,933 equity shares, representing 2.61% of the issued and paid-up equity share capital of the company.Prior to the acquisition, Goenka held 1,405,727 equity shares, constituting 2.60% of the company’s equity. The total equity share capital of Gamco Ltd is Rs. 10,80,63,000.00, comprising 5,40,31,500 equity shares of Rs. 2 each.Table: Details of Shareholding ChangesDetailValueName of the Target CompanyGAMCOLIMITEDName of the AcquirerMrs. Rashi GoenkaShares carrying voting rights – Holding...

Relaxo Footwears Appoints Amit Roy as Chief Financial Officer Relaxo Footwears Ltd. announced the appointment of Amit Roy as its new Chief Financial Officer, effective April 1, 2026. The decision was approved by the company’s Board of Directors during a meeting held on March 26, 2026.The Board also updated the list of nominated persons for determining material events and making relevant disclosures, which now includes:NameDesignationMr. Ramesh Kumar DuaChairman & Managing DirectorMr. Amit RoyChief Financial OfficerMr. Ankit JainCompany Secretary and Compliance OfficerFor inquiries regarding these updates, contact Mr. Ankit Jain, Company Secretary & Compliance Officer, at cs@relaxofootwear.com.Source:

Amara Raja Energy & Mobility Board to Review FY26 Results in May Amara Raja Energy & Mobility Limited, formerly Amara Raja Batteries Limited, announced a board meeting scheduled for Monday, May 25, 2026. The meeting will focus on reviewing and approving the audited financial results for both standalone and consolidated operations for the quarter and year ending March 31, 2026. Directors will also consider recommending a final dividend for the financial year concluded on March 31, 2026.The company has closed its trading window for securities dealings from Wednesday, April 1, 2026, to Wednesday, May 27, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations.Vikas Sabharwal, Company Secretary & Vice President -...

Infronics Systems Ltd. Responds to Share Price Inquiry Infronics Systems Ltd. clarified on March 26, 2026, its response to a query from the BSE Limited concerning a significant movement in the price of its shares. The inquiry was initially raised on March 23, 2026, regarding the scrip code 537985.The company affirmed its adherence to SEBI (LODR) Regulations, 2015, and stated it consistently provides timely updates to the stock exchange regarding events and information potentially influencing the company’s operations and performance, including price-sensitive information.Infronics Systems Ltd. confirmed there are no undisclosed price-sensitive information or pending corporate actions requiring disclosure at this time. The recent...

Relaxo Footwears Appoints Co-Chief Executive Officers Relaxo Footwears Ltd. announced changes in executive leadership on March 26, 2026. The company's Board of Directors approved the re-designation of two individuals to Co-Chief Executive Officer roles, effective April 1, 2026.Gaurav Kumaar Dua, previously a Whole Time Director, has been re-designated as Co-Chief Executive Officer & Whole-time Director. Ritesh Dua, formerly Executive Vice President (Finance), has also been appointed as Co-Chief Executive Officer. Both executives will continue to receive existing remuneration and their tenures remain unchanged, reflecting approvals from the company's Annual General Meeting held on August 24, 2023, for a period of three years from...

HealthCare Global Enterprises Announces Winding Up of Tanzanian Subsidiary HealthCare Global Enterprises Limited (HCG) announced the winding up of Healthcare Global (Tanzania) Private Limited, a wholly owned indirect subsidiary, effective March 2, 2026. The formal notification regarding the winding up was received by the company on March 26, 2026.Healthcare Global (Tanzania) was a non-operating entity and contributed nothing to the turnover, income, or net worth of HealthCare Global Enterprises Limited during the last financial year. As a result, no amount was received by the company following the winding up of the entity.The winding up does not involve a sale, lease, or disposal of an undertaking and does not constitute a related...

Transpek Industry Limited Board Addresses Fine Levied by BSE Limited Transpek Industry Limited announced that its Board of Directors convened a meeting on March 26, 2026, to address a fine levied by the BSE Limited. The meeting began at 2:00 p.m. and concluded at 5:45 p.m.The Board discussed the fine in relation to Regulation 31A(3)(a)(ii)/(iii)/(v)/(vi), concerning the delayed submission of an application for reclassification of shares from Promoter to Public Category. The BSE Limited had advised the company to present the matter to the Board and seek comments on the fine levied.The Board expressed the opinion that the fine was unjustified, stating the company had submitted the application in a different category, deeming it a...

Orissa Bengal Carrier Ltd. Reports Promoter Acquisition of Equity Shares Orissa Bengal Carrier Ltd. announced that Mr. Ravi Agrawal, Managing Director & Promoter of the company, has acquired equity shares through on-market transactions. The disclosures were made in connection with reporting requirements under SEBI’s Prohibition of Insider Trading Regulations, 2015.Mr. Agrawal acquired 70,000 shares on March 24, 2026, and 49,900 shares on March 25, 2026. These acquisitions represent approximately 0.04% and 0.23% of the company's total paid-up equity share capital, respectively.Here's a summary of the share acquisitions:S.No.Number of Shares AcquiredDate of Acquisition% of Total Paid-up Equity Share Capital (approx.)170,000March...

Go Digit General Insurance Receives Income Tax Order Go Digit General Insurance Ltd. announced it received an order on March 25, 2026, from the Office of the Assistant Commissioner of Income-Tax, Central Circle 6(2), Mumbai, raising an income tax demand of Rs. 3,84,43,19,480, including Rs. 1,00,38,89,700 in interest. The demand pertains to the Assessment Year 2023-24.The order increases the company’s total taxable income due to adjustments relating to disallowances primarily concerning industry-wide issues, including the provision for Incurred But Not Reported (IBNR) and Incurred But Not Enough Reported (IBNER) claims, as well as non-deduction of tax deductions at source (TDS) on certain expenses and reinsurance premiums.The company...

Archean Chemical Industries Limited Enters Loan Agreement to Support Semiconductor Facility Archean Chemical Industries Limited announced a loan agreement with its Wholly Owned Subsidiary (WOS) Company, Neun Infra Private Limited, on March 26, 2026. The agreement is intended to fund the procurement of long-lead machinery, equipment, and associated items for the compound semiconductor manufacturing facility of SiCSem Private Limited.SiCSem Private Limited, for which Neun Infra Private Limited is the holding company, has received approval under the India Semiconductor Mission (ISM) of the Government of India. The funding supports the advancement of capital commitments for the facility.The loan agreement details are as follows...

Dodla Dairy Schedules Analyst Meetings in Hyderabad Dodla Dairy Ltd. announced it will host a group meeting with investors and analysts on April 7, 2026, in Hyderabad. The meeting, organized by DAMCapital, is scheduled to begin at 11:00 am.Discussions during the meeting will be limited to publicly available information and no unpublished price sensitive information will be disclosed. The company may adjust the schedule due to unforeseen circumstances.Source:

CDG Petchem Ltd. Announces Leadership Change and Registered Office Relocation CDG Petchem Ltd. announced several key changes following a board meeting held on March 26, 2026. The board approved the resignation of Manoj Kumar Dugar from the position of Managing Director, effective March 26, 2026.The board also approved the relocation of the company’s registered office from the State of Telangana to the State of Punjab, pending shareholder approval at an upcoming Extraordinary General Meeting and confirmation from the Regional Director.Following the completion of an open offer, the company announced the reclassification of several promoters to the public category.Name of Promoter(s) and promoter group (s)No. of Shares Held Pre-...

SRM Energy Limited Appoints New Chief Financial Officer and Secretarial Auditor SRM Energy Limited announced the appointment of Umesh Narpatchand Sanghvi as Chief Financial Officer (CFO), effective March 26, 2026. The decision was made by the Board of Directors following a recommendation from the Nomination & Remuneration Committee.Mr. Sanghvi, aged 44, is a member of the Institute of Chartered Accountants of India and brings over 19 years of experience in banking, finance, debt and equity fund raising, and wealth management. He is currently Managing Director and Promoter of the Company.The Board also approved the appointment of M/s HSPN & Associates LLP as the company’s Secretarial Auditors for the fiscal years 2025-2026 through...

Hi-Green Carbon Limited Secures Enhanced Credit Facility from Central Bank of India Hi-Green Carbon Limited announced on March 26, 2026, that its Board of Directors approved an enhancement of its credit facility with Central Bank of India. The company secured a Cash Credit Limit of 20.00 Crores, an increase from the previous limit of 10.00 Crores.The loan, intended for business operations, carries a total outstanding of 9.98 Crores as of March 26, 2026. As part of the agreement, Hi-Green Carbon Limited will provide a charge by way of mortgage over immovable properties and hypothecation over movable properties and current assets.The Board meeting commenced at 5:00 P.M. and concluded at 5:30 P.M.ParticularsDetailsLenderCentral...

Lakshya Powertech Limited Acquires Stake in Subsidiary, Plans Joint Venture Lakshya Powertech Limited announced on March 26, 2026, that its Board of Directors approved the acquisition of a 51% equity stake in Lakshya EPC Private Limited, making it a subsidiary of Lakshya Powertech. The acquisition involves 5,100 equity shares at a value of Rs. 10 each, totaling Rs. 51,000.Additionally, the Board approved the formation of a joint venture with Multitex Filtration Engineers Limited. Lakshya Powertech and Multitex will acquire 51% and 49% stakes, respectively, in the new joint venture, with shares priced at Rs. 10 per share, aggregating to a total consideration of Rs. 51,000 and Rs. 49,000, respectively.The company stated that the joint...

RailTel Corporation Secures Order Worth Rs. 14.29 Crore for Smart Classroom Project RailTel Corporation of India Limited announced it has received a Letter of Acceptance (LoA) from the Department of Education Samagra Shiksha for a project focused on establishing smart classrooms. The project involves 596 government schools in Himachal Pradesh under the Samagra Shiksha program.The order, received on March 25, 2026, at 18:17, has an estimated size of Rs. 14,29,20,562 (including tax). The project is slated for completion by March 24, 2027.According to the LoA, the project is a domestic order and does not involve any related party transactions. Promoters, promoter groups, or group companies have no interest in the Department of...

Kirloskar Industries Ltd. Faces Penalty from Income Tax Department Kirloskar Industries Ltd. announced that the Income Tax Department has imposed a penalty of ₹ 1,74,72,436 under Section 270A of the Income Tax Act, 1961. The order, dated March 25, 2026, was issued by the National Faceless Assessment Centre.The penalty relates to the disallowance of certain expenses for the Assessment Year 2018-2019.According to the company, the penalty is not expected to have a material impact on its financial operations. Kirloskar Industries Ltd. is currently in the process of filing an appeal against the order.Penalty DetailsThe details of the penalty are summarized below:DetailInformationIssuing AuthorityNational Faceless Assessment...

Aegis Vopak Terminals Ltd. Approves Sale of Stake in Subsidiary, Assigns Rights for Ammonia Storage Aegis Vopak Terminals Limited announced on March 26, 2026, that its Board of Directors has approved the proposed sale of a 10% equity stake in Aegis Terminal (Pipavav) Limited (ATPL), a subsidiary company, to Itochu Corporation. The aggregate consideration for the sale is INR 80,32,00,000. Following the sale, Aegis Vopak Terminals Limited will retain an 86% equity stake in ATPL.Additionally, the Board approved the assignment of rights to acquire a specialized storage terminal for Ammonia at Pipavav Port to ATPL. This assignment references a prior agreement dated June 19, 2025, involving Aegis Logistics Limited, a promoter company. A...