Markets

Texmaco Rail & Engineering to Consider Long-Term Incentive Plan at Board Meeting Texmaco Rail & Engineering Ltd. announced that a meeting of its Board of Directors will be held on Tuesday, March 31, 2026. The meeting’s agenda includes consideration and approval of a Long-term Incentive Plan/Employee Stock Option Plan (ESOP) in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.Sandeep Kumar Sultania, Company Secretary & Compliance Officer, provided the notification. Texmaco Rail & Engineering Ltd. is an Adventz Group company.Source:

Ramkrishna Forgings Limited Approves Vesting of Employee Stock Options Ramkrishna Forgings Limited announced on March 26, 2026, that its Nomination and Remuneration Committee approved the vesting of employee stock options (ESOPs) under the ‘RKF Limited Employee Stock Option Scheme 2023’.A total of 165,176 ESOPs were approved for vesting. This includes 164,413 ESOPs with an exercise price of Rs. 556 per ESOP and 763 ESOPs with an exercise price of Rs. 687 per ESOP.The company stated that the scheme complies with the SEBI (SBEB) Regulations, 2021. Vested options can be exercised within a four-year period from the date of vesting.Earlier grants of options were made on February 21, 2024, and January 16, 2025. The details of these...

Capital Infra Trust Receives Approvals for Indemnity and Compensation Claims from Gawar Construction Limited Mumbai – Capital Infra Trust announced that its Investment Manager, Gawar Investment Manager Private Limited, approved several claims from Gawar Construction Limited (GCL) during a board meeting held on March 26, 2026.The board approved a claim of Rs. 45,47,61,610 from GCL related to a shortfall in claims concerning changes in law for Goods and Services Tax (GST) on annuity across four Project SPVs. This indemnity is calculated as per the terms of the respective Share Purchase Agreements (SPAs) and is due by March 27, 2026.Furthermore, Capital Infra Trust anticipates receiving an additional indemnity claim of Rs. 24,23,98,314...

Elecon Engineering Company Ltd. Establishes Subsidiary in Mexico Elecon Engineering Company Limited announced the incorporation of its wholly-owned step-down subsidiary, Grupo Radicon SA de CV, in Mexico. The subsidiary was incorporated through Elecon Singapore Pte. Ltd., which is itself a wholly-owned subsidiary of Elecon Engineering Company Limited.According to a communication dated March 26, 2026, the Government's Tax Agency of Mexico issued a tax identification number on March 24, 2026, marking January 8, 2026, as the date of incorporation. The company is awaiting a formal certificate of incorporation from the Public Registry of Commerce in Mexico.Grupo Radicon SA de CV will focus on sales, marketing, and servicing of industrial...

Bonlon Industries Limited Receives Order from GST Department Bonlon Industries Limited announced on March 26, 2026, that it received an order from the Deputy Commissioner, Goods and Service Tax Department, Bhiwadi, Rajasthan, regarding a period spanning from April 2019 to March 2020. The order was issued under section 74 of the GST Act.According to the company, the order pertains to a demand notice for tax and penalty. Bonlon Industries Limited stated that it believes it has a strong case and intends to file an appeal against the order before the appropriate authority.The company indicated it will provide updates to the stock exchanges should there be any further material developments.Details of the Order The following table...

Apeejay Surrendra Park Hotels Appoints Raveesh Kumar Bhatia as Independent Director Kolkata, India – Apeejay Surrendra Park Hotels Limited announced the appointment of Raveesh Kumar Bhatia as an Independent Director, effective March 27, 2026. The appointment was approved by the company’s Board of Directors via a resolution passed on March 26, 2026, and is subject to shareholder approval.Bhatia, holding Director Identification Number (DIN) 11618896, will serve a term of five consecutive years.Bhatia brings extensive experience as a finance professional, with over 36 years in client relationship management and revenue generation roles across banking and consulting sectors. He has a proven track record in leadership and managing...

Dhariwalcorp Limited Acquires 7.21 Hectares of Agricultural Land Jodhpur, Rajasthan – March 26, 2026 – Dhariwalcorp Limited announced the acquisition of 7.21 hectares of agricultural land situated at Khasra No. 789/333 and 271, Village Sarwadi, Tehsil Kalyanpur, District Balotra, Rajasthan -344026.The acquisition includes two parcels: one admeasuring 1.4083 hectares (Property No. 1) and the other admeasuring 5.8032 hectares (Property No. 2), both acquired on March 25, 2026. The total consideration for the land acquisition was Rs. 4.35 crore.The land is located near the Company's existing land, where infrastructure development is underway for Agro-Processing Clusters and an Industrial Park. This investment aligns with the Company’s...

Vishal Fabrics Ltd. Announces Resignation of Marketing Manager Vishal Fabrics Ltd. announced on March 26, 2026, that Jyotender Tiwari has resigned from his position as Manager (Marketing) and Senior Management Personnel (SMP), effective March 26, 2026, due to personal reasons and other commitments.The resignation was tendered in accordance with Regulation 16(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Details of ResignationParticularsDetailsReason for ResignationPersonal reasons and other commitmentsDate of ResignationMarch 26, 2026Brief ProfileN.A.Relationship DisclosureN.A.Brijmohan Chiripal, Managing Director, confirmed the resignation.Source:

Clean Max Enviro Energy Solutions Ltd. Issues Corporate Guarantees for Subsidiaries Mumbai – March 26, 2026 – Clean Max Enviro Energy Solutions Ltd. announced today the issuance of corporate guarantees for its subsidiaries, Clean Max Como Private Limited and Clean Max Pacific Private Limited. The guarantees were issued on March 26, 2026.According to a filing, Clean Max Enviro Energy Solutions Ltd. extended corporate guarantees to lenders as security for term loan facilities availed by the subsidiaries.Here's a breakdown of the guarantees issued:SubsidiaryAmount (INR)Clean Max Como Private Limited84 CroreClean Max Pacific Private Limited88 CroreClean Max Enviro Energy Solutions Ltd. confirmed that the promoter, promoter...

Paramatrix Technologies Limited Appoints New Market Maker Paramatrix Technologies Limited announced a change in its market maker, effective March 31, 2026. The company has appointed Kalpalabdhi Financials Private Limited as the new market maker to provide market making services for the remaining duration of the compulsory market making period.This change follows the discontinuation of services by SVCM Securities Private Limited, the previous market maker, due to internal restructuring, with effect from March 30, 2026. The decision was approved by the Board of Directors in consultation with Inventure Merchant Banker Services Private Limited, the lead manager for the company’s initial public offering in August 2024.A tripartite...

Sambhv Steel Tubes Reschedules Analyst and Institutional Investor Meeting Sambhv Steel Tubes Limited has announced a rescheduling of its Analyst/Institutional Investor conference. The meeting, initially planned for March 27, 2026, will now be held on April 1, 2026.The meeting with Kotak Securities Ltd - PCG Clients will be conducted virtually and is scheduled for Wednesday, April 1, 2026, from 3:00 PM to 4:00 PM (IST).The company noted that the schedule is subject to change due to unforeseen circumstances. No Unpublished Price Sensitive Information (UPSI) will be shared during the meeting.Date &Time of meetingName of the Analyst/ Institutional Investor / Broking HouseMode of MeetingWednesday, April 01 st , 2026, 3:00PM-...

OBSC Perfection Limited Reports Financial Results and Addresses Compliance Notice OBSC Perfection Limited announced on March 26, 2026, that its Board of Directors approved the unaudited financial results for the quarter ended December 31, 2025, along with a limited review audit report. This action follows a notice received from the National Stock Exchange of India Limited regarding non-compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.The company’s revenue from operations for the quarter ended December 31, 2025, was ₹5,938.06 lakhs, compared to ₹4,679.14 lakhs for the quarter ended December 31, 2024. For the nine-month period ended December 31, 2025, the revenue from...

Avenue Supermarts Expands Retail Presence with New Store Openings Avenue Supermarts Limited, owner of the DMart retail chain, announced the opening of two new stores on March 26, 2026. A new store was opened in Cuddalore, Tamil Nadu, and another in Khasa, Amritsar, Punjab.The total number of DMart stores currently stands at 472.Source:

Sharat Industries Ltd. Promoter Acquires Equity Shares Sharat Industries Limited announced that Sharat Reddy Sabbella, Promoter & Whole-Time Director, acquired 1,20,000 equity shares on the market. The acquisition took place on March 25, 2026, and the company was intimated on March 26, 2026.Following the acquisition, Sabbella’s total holding in the company increased to 89,28,859 equity shares, representing 22.77% of the company’s outstanding shares. Prior to the acquisition, his holding was 88,08,859 shares, equivalent to 22.46%. The total value of the transaction was ₹1,69,67,500.The company clarified that no trading in derivatives was conducted by the promoter, employee or director.Name, PAN, CIN/DIN, & address with contact...

Landmark Cars Exits Volkswagen Operations in Delhi NCR Mumbai – Landmark Cars Limited (BSE: 543714 | NSE: LANDMARK), a leading premium automotive retail network in India, will cease its Volkswagen Delhi NCR business, effective March 31, 2026. The decision impacts one showroom and one workshop in the region.The move is intended to reduce losses from operations and aligns with the company’s strategy to rationalize costs and improve operational efficiency and profitability. Landmark Cars will continue its Volkswagen operations in the State of Gujarat.Due to the age of the Delhi NCR locations, the assets have been fully depreciated, mitigating any significant financial impact.About Landmark Cars Limited Landmark Cars Limited operates...

Apeejay Surrendra Park Hotels Announces Leadership Change Kolkata – March 26, 2026 – Apeejay Surrendra Park Hotels Limited announced leadership changes effective March 28, 2026. Mr. Suresh Kumar, currently serving as an Independent Director and Chairperson of the Audit and Risk Management Committee, will retire from the Board at the close of business hours on March 28, 2026, upon completion of his term.Effective March 27, 2026, Mr. Ranjit Kumar Pachnanda, an existing Independent Director, will assume the role of Chairperson of the Audit and Risk Management Committee.A detailed profile of Mr. Pachnanda is not being provided.Source:

Lend Lease Company Acquires Stake in Nexome Capital Markets Lend Lease Company (India) Limited has acquired shares in Nexome Capital Markets Limited, formerly SMIFS Capital Markets Limited, according to filings made on March 26, 2026, with the Bombay Stock Exchange (BSE).As of March 25, 2026, Lend Lease Company (India) Limited held 14,88,608 shares, representing 16.89% of Nexome Capital Markets Limited’s total share/voting capital and 13.87% of its total diluted share/voting capital.The acquisition involved 32,000 shares acquired through open market transactions, increasing the company’s holding to 15,20,608 shares. This represents 17.25% of Nexome Capital Markets Limited’s total share/voting capital and 14.16% of its total diluted...

Araiya and Kiaan Trust Acquires Shares in Nexome Capital Markets Limited Nexome Capital Markets Limited (formerly SMIFS Capital Markets Limited) announced that Araiya and Kiaan Trust has acquired shares in the company through a rights issue. The disclosure was made in compliance with Regulations 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Araiya and Kiaan Trust, identified as a Promoter/Promoter group, increased its holding in Nexome Capital Markets Limited. Prior to the acquisition, the trust held 1.23% of the company’s shares, representing 1,000 shares. Following the rights issue, the trust’s holding increased to 1.01%, representing 1,08,750 shares.The trust acquired 36,250 shares through...

Parmeshwar Metal Ltd. Receives Order from GST Authority Gandhinagar, India – March 26, 2026 – Parmeshwar Metal Ltd. announced today that it received an order from the Deputy Commissioner of State Tax (Enforcement) Division-03, Gandhinagar.The order, issued March 26, 2026, confirms a tax demand of ₹3.43 crore, along with interest and penalties totaling ₹7.44 crore, under the Central Goods and Service Tax Act, 2017 (CGST Act, 2017) and the Gujarat Goods and Service Tax Act, 2017 (GJGST Act, 2017). The order relates to allegations of inadmissible Input Tax Credit (ITC) received from non-existent suppliers/tax defaulters.Parmeshwar Metal Ltd. intends to file an appeal before the Appellate Authority and believes the demand is without...

OptiValue Tek Consulting Limited Secures Pilot Order from Defence PSU Optivalue Tek Consulting Limited has secured a pilot order from Bharat Electronics Limited (BEL), a Defence Public Sector Undertaking (PSU) in India, for the deployment and evaluation of a specific technology equipment developed/supplied by the company. The contract, GEMC-511687748249067, was generated on March 25, 2026, with a bid date of March 26, 2026.The pilot deployment is intended for technical evaluation, performance validation, and field trials. Upon successful completion, the company expects volume orders from BEL. The company anticipates similar requirements from other organizations and government/defence-related entities in India based on the outcome and...