Markets

Bharti Airtel Limited Receives Penalty Notice from Department of Telecommunications Bharti Airtel Limited announced it received a notice from the Department of Telecommunications (DoT) for the Jammu and Kashmir Licensed Service Area (LSA) regarding alleged violations of subscriber verification norms. The notice, received on March 25, 2026, at 1748 Hrs. IST, imposes a penalty of Rs. 1,00,000.According to the DoT, Bharti Airtel Limited is required to adhere to licensing terms and conditions regarding customer verification and compliance with instructions issued by the DoT. A Customer Application Form Audit (CAF Audit) conducted for Quarter 3 of the fiscal year 2025-26 revealed alleged violations.The company estimates the maximum...

Softrak Venture Investment Limited Appoints Additional Independent Director Softrak Venture Investment Limited announced the appointment of Mrs. Manorama Jitendra Shah as an Additional Independent Director, effective March 26, 2026. The decision, recommended by the Nomination and Remuneration Committee, was approved by the Board of Directors at a meeting held on March 26, 2026. The appointment is subject to shareholder approval.Mrs. Shah holds a BA degree and brings over 15 years of experience in business management and administration. She is not related to any existing directors and does not currently hold any shares in the company.The Board affirms that Mrs. Shah is not debarred from holding the office of director by any...

TVS Supply Chain Solutions Ltd. Infuses Funding into U.S. Subsidiary TVS Supply Chain Solutions Limited announced that its wholly-owned subsidiary, TVS Logistics Investments Inc. USA (TVS LI USA), has allotted equity shares to TVS SCS. This follows prior approval from the Board of TVS Supply Chain Solutions Limited in March 2025 for additional funding towards business expansion plans.TVS LI USA, incorporated in the United States of America on December 1, 2010, operates in the business of storage, warehousing, freight transportation, and other land transport services. The company reported a turnover of 10,298.94 million in fiscal year 2025.The additional funding, amounting to INR 213.44 million (USD 165 per share), is intended to...

Euro Ceramics Ltd. to Extinguish Capital and Delist Following Acquisition Euro Ceramics Ltd. is set to extinguish its existing paid-up capital and delist from the BSE, following an acquisition by Jaquar And Company Pvt Ltd. The decision follows an order from the Hon'ble National Company Law Tribunal (NCLT) Mumbai Bench, dated August 13, 2025.Jaquar And Company Pvt Ltd. acquired Euro Ceramics Ltd. as a going concern through an e-auction process concluded May 1, 2025, under the direction of Liquidator Mr. Premraj Ramratan Laddha. The NCLT order, reference IA(I.B.C)/2832( MB)2025 IA(I.B.C)/2848(MB)2025 IN C.P. (IB)/66 (MB)2018, permits the extinguishment of the existing paid-up capital, subject to approvals from the Securities and...

Oracle Financial Services Software Limited Secures Agreement with Global Bank for Software Licensing and Transition Services March 26, 2026 - Oracle Financial Services Software Limited announced an agreement with a global bank headquartered in the USA for a proposed transaction involving software licensing and transition services. Under the agreement, Oracle Financial Services Software will license certain software products in perpetuity to the customer and provide transition services, personnel, and related aspects. The transaction is subject to conditions precedent that must be met by May 29, 2026. Existing software license, professional services, and support agreements with the customer will be superseded by this agreement.The...

Yes Bank Receives GST Penalty Order Yes Bank Limited announced that it received an order from the Goods and Services Tax (GST) department in Maharashtra on March 25, 2026. The order levies a penalty of Rs. 79,38,000 related to a GST matter concerning Input Tax Credit (ITC).The penalty was imposed under Section 122(1)(ii) of the Central Goods and Services Tax Act (CGST) and the Maharashtra Goods and Services Tax Act (MGST).According to the bank, it believes it has adequate grounds to contest the order and plans to pursue legal remedies, including filing an appeal, within the prescribed timelines. Yes Bank does not anticipate a material impact on its financial, operational, or other activities as a result of the order.Here's a...

TTI Enterprise Ltd. Faces Petition Regarding Share Transfer TTI Enterprise Ltd. announced on March 26, 2026, that a petition has been filed before the National Company Law Tribunal, Kolkata Bench, West Bengal, concerning the refusal of a share transfer registration. The petition, filed by M/s. Realearth Ecofarms India Private Limited against Mr. Valath Sreenivasan Ranganathan and TTI Enterprise Limited, relates to the registration of a transfer of 35,00,000 equity shares with a face value of Rs. 10 each.The transfer request arises from a Share Surrender Agreement dated March 20, 2025.According to the company, the petition does not anticipate any impact on its financial operations. TTI Enterprise Ltd. stated that it will take...

Deepak Fertilisers Re-appoints Ernst & Young as Internal Auditor Deepak Fertilisers & Petrochemicals Corporation Ltd. announced the re-appointment of Ernst & Young, LLP as its Internal Auditors for the financial year 2026-27. The decision was approved by the Board of Directors during a meeting held on March 26, 2026, based on the recommendation of the Audit Committee.Ernst & Young LLP is a Limited Liability Partnership and a global leader in assurance, tax, transaction, and advisory services. The re-appointment is effective from March 26, 2026, and covers the financial year 2026-27.The Board meeting commenced at 11:00 a.m. and concluded at 3:55 p.m. Additional details regarding the appointment are available on the company’s website...

MosChip Technologies Receives NCLT Approval for Amalgamation MosChip Technologies Ltd announced that the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench, has approved the Scheme of Amalgamation involving its wholly owned subsidiaries, Softnautics Private Limited and Softnautics Inc, effective from April 4, 2025. The approval was granted on March 25, 2026, and relates to the amalgamation under Sections 230 to 232 and Section 234 of the Companies Act, 2013. A certified true copy of the NCLT order is expected to be received from NCLT Hyderabad and will be disclosed upon receipt. MosChip had previously disclosed information regarding this scheme on April 8, 2025.Source:

Schaeffler India Schedules Investor Meetings Schaeffler India Limited announced plans for upcoming analyst and investor meetings, as detailed on March 26, 2026.The company will engage in a one-on-one meeting with Birla Sunlife Asset Management Company via conference call on March 31, 2026. Discussions will focus on the company’s overall business situation.According to the company, no unpublished price-sensitive information will be shared or discussed during these interactions. The meeting schedule is subject to change due to unforeseen circumstances.DateFund / Institutional InvestorVenueType of Interaction31/03/2026Birla Sunlife Asset Management CompanyConference CallOne-on-One MeetingSource:

Tera Software Ltd. Appoints Veera Brahma Rao Arekapudi as Independent Director Tera Software Ltd. announced that shareholders have approved the appointment of Sri. Veera Brahma Rao Arekapudi as an Independent Director. The approval was secured through a postal ballot process concluding on March 25, 2026.The remote e-voting period commenced on February 24, 2026, at 10:00 AM (IST) and concluded on March 25, 2026, at 5:00 PM (IST). The resolution was deemed passed with the requisite majority on the closing date of the e-voting period.Sri. Veera Brahma Rao Arekapudi will serve as an Independent Director for a term of five consecutive years, commencing February 10, 2026, and concluding February 9, 2031. He is not subject to rotation...

Netlink Solutions India Ltd. Announces Board Changes Following Open Offer Completion Mumbai – March 26, 2026 – Netlink Solutions (India) Ltd. announced several changes to its board of directors and a reclassification of promoters following the completion of an open offer and subsequent changes in management and control.The changes stem from an open offer made by Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhai Bavanjibhai Lakkad for the acquisition of 26.00% of the voting share capital of Netlink Solutions (India) Ltd. This open offer was triggered by the acquisition of 51.00% of the paid-up equity share capital of its holding company, Jupiter Infomedia Limited, by the acquirers.As a result of the completed open...

Dudigital Global Limited Qualifies for CPV Service Tenders in Multiple Locations Dudigital Global Limited announced it has qualified for the technical evaluation stage of several Requests for Proposal (RFPs) for Outsourcing of Consular Passport & Visa (CPV) and related services. The tenders were issued by Indian Embassies/Consulates and/or concerned authorities in Singapore, London, Colombo, Abu Dhabi, Riyadh, and Kuwait.The company is awaiting the financial bid opening and results for these tenders. Further updates will be provided upon receipt of the final outcomes and in the event of an award.This update is being shared voluntarily to keep stakeholders informed.Vratanshi Arora, Company Secretary and Compliance Officer...

Bharat Bijlee Schedules Board Meeting, Announces Trading Window Closure Bharat Bijlee Limited announced that a Board of Directors meeting is scheduled for May 12, 2026, to be held through audio-visual means. The meeting will address the approval of the company’s Audited Annual Accounts for the Financial Year 2025-2026, along with the Audit Report, and the Audited Financial Results for the quarter and financial year ended March 31, 2026. The board will also consider a recommendation for a dividend on equity shares for the Financial Year ended March 31, 2026.In connection with the upcoming meeting, the company has closed the trading window for its securities for all designated persons and their immediate relatives, starting April 1...

PNGS Gargi Fashion Jewellery Ltd. Opens New Store in Pune PNGS Gargi Fashion Jewellery Ltd. announced the opening of a new exclusive brand store on March 26, 2026. The store is located at Shop No. 38, on the ground floor of Yashada Windsons, Survey No 104/1, 105, 105/2, Ravet, Pune - 412101. The company's stock symbol is GARGI, and its BSE Scrip Code is 543709.Source:

South Indian Bank Allots Equity Shares Under ESOS Scheme South Indian Bank Ltd. announced the allotment of 72,488 equity shares on March 26, 2026, under its SIB ESOS Scheme - 2008. The allotment followed the exercise of stock options by eligible grantees and receipt of consideration, as approved by the bank’s Nomination and Remuneration Committee.The equity shares were allotted from Tranche 13, 14, and 15 of the SIB ESOS Scheme - 2008, with varying exercise prices. A summary of the tranche details and associated financial figures is presented below:Details of GrantNo. of sharesFace ValueExercise PriceTotal Amount ReceivedTranche 13 granted under SIB ESOS - 2008 on July 31, 202350,383Re. 1/-Rs. 20.00/-Rs. 10,07,660.00Tranche...

Carysil Ltd. Receives Credit Rating Reaffirmation from ICRA Limited Carysil Ltd., a manufacturer of lifestyle sinks and built-in appliances, announced on March 26, 2026, that ICRA Limited has reaffirmed its credit ratings. The reaffirmed ratings reflect the company’s financial stability and operational performance.ICRA Limited reaffirmed Carysil Ltd.'s Long Term Rating as [ICRA] A with a ‘Stable’ outlook, based on a rated amount of ₹183 crore. The Short Term Rating was also reaffirmed as [ICRA] A2+.The ratings were assessed by ICRA Limited and are detailed in the table below:Rating AgencyInstrumentRated Amount (Rs. crore)Existing RatingRevised RatingRating ActionICRALong Term Rating183[ICRA] A (pronounced as ICRA A) with...

NR Agarwal Industries Ltd. Announces Resignation of Senior Managerial Personnel NR Agarwal Industries Ltd. announced that Ramesh Harkulkar, Senior General Manager - Accounts and Taxation, has resigned from his position, effective close of working hours on March 25, 2026, due to personal reasons. The resignation has been accepted.Here's a summary of the details regarding the change:ParticularsRamesh HarkulkarReason for changeResignation due to personal reasonsDate of cessationClose of working hours of March 25, 2026Term of appointmentNot ApplicableBrief profileNot ApplicableDisclosure of relationships between directorsNot ApplicableSource:

HVAX Technologies Limited Invests in Krew Instruments Private Limited HVAX Technologies Limited announced on March 26, 2026, that its Board of Directors approved an investment in Krew Instruments Private Limited, a company operating in the hospital domain. The investment includes a subscription to a private placement of equity shares and a transfer of shares, totaling Rs. 1,05,00,000.The company will subscribe to up to 15,000 equity shares of Rs. 700 each, with a face value of Rs. 10 per share and a premium of Rs. 690 per share. Additionally, HVAX Technologies Limited will transfer up to 5,000 equity shares of Rs. 700 each. The total consideration will be paid in cash.Following the transaction, Krew Instruments Private Limited will...

AYM Syntex Ltd. Receives Credit Rating Reaffirmation from CARE Ratings AYM Syntex Ltd. announced today, March 26, 2026, that CARE Ratings Limited has reaffirmed the credit ratings for the company’s bank facilities. The ratings reflect the agency's assessment of AYM Syntex’s financial health and operational performance.CARE Ratings reaffirmed a long-term bank facilities rating of CARE A; Stable and a short-term bank facilities rating of CARE A1. The reaffirmed ratings pertain to bank facilities totaling 178.4 crore and 385 crore, respectively.The rating details are summarized in the table below:Facilities/InstrumentsAmount (₹ crore)RatingRating ActionLong-term bank facilities178.4CARE A; StableReaffirmedShort-term bank...