Markets

South Indian Bank Reaffirms Credit Ratings South Indian Bank Ltd. announced on March 26, 2026, that credit rating agency Infomerics Valuation and Rating Ltd. (formerly Infomerics Valuation and Rating Pvt. Ltd.) has reaffirmed and assigned ratings to the bank's issuer rating and fixed deposit program.The ratings were provided via an intimation dated March 26, 2026. South Indian Bank’s issuer rating remains at IVR AA/Stable (IVR Double A with Stable outlook). Infomerics has assigned a rating of IVR AA/Stable (IVR Double A with Stable outlook) to the bank’s fixed deposit program, amounting to ₹25,000.00 crore.The rating rationale is detailed in a document accessible at...

Oriental Trimex Limited Shareholders Approve Key Business Initiatives Oriental Trimex Limited announced today, March 26, 2026, that shareholders have approved several key initiatives at an Extraordinary General Meeting (EGM) held virtually. The meeting, chaired by Managing Director Rajesh Kumar Punia, commenced at 12:00 P.M. and concluded at 12:11 P.M.Shareholders approved an increase in the company's borrowing limits under Section 180(1)(c) of the Companies Act, 2013. Additionally, the company received authorization to increase its authorized share capital and amend its Memorandum of Association accordingly.The EGM also approved the raising of funds through the issuance of Foreign Currency Convertible Bonds (FCCBs). Shareholders...

ICICI Prudential Asset Management Company Limited Appoints New Director, Announces Resignation ICICI Prudential Asset Management Company Ltd. announced on March 26, 2026, that the Board of Directors approved the appointment of Mr. Rajeev Mittal as a Non-Executive (Additional) Director, effective March 31, 2026. The Board also accepted the resignation of Mr. Guillermo Eduardo Maldonado-Codina, effective March 30, 2026.Mr. Mittal is the Chief Executive Officer (CEO) and a member of the Board of Directors at Eastspring Investments Group, and serves on the Prudential Group Executive Committee (GEC). Prior to joining Eastspring in July 2025, he held leadership positions at Fidelity International and PineBridge Investments. He holds a...

Par Drugs and Chemicals Limited Receives Confirmatory Order from SEBI Regarding Slump Sale Par Drugs and Chemicals Limited announced on March 26, 2026, that it received a Confirmatory Order from the Securities and Exchange Board of India (SEBI) concerning a slump sale. The order, issued by Mr. Kamlesh Chandra Varshney, Whole Time Member of SEBI, confirms directions initially outlined in an Ex-Parte Interim Order dated September 15, 2025.According to the Confirmatory Order, the observations are tentative pending a detailed investigation. The investigation will be conducted independently of the interim and confirmatory orders. SEBI reserves the right to take further action based on the investigation's outcome.The company received the...

Accretion Nutraveda Ltd. Appoints Internal Auditor, Authorizes Key Managerial Personnel Accretion Nutraveda Ltd., formerly Accretion Nutraveda Private Limited, announced several key decisions following a board meeting held on March 26, 2026.The company appointed KMV & Co., Chartered Accountants (Firm Registration No. 139787W) as its Internal Auditor. The appointment is effective from the date of listing, February 4, 2026, and continues through the financial year ending March 31, 2026. KMV & Co. is based in Ahmedabad and provides audit, taxation, and outsourcing services.The board also authorized Key Managerial Personnel (KMPs) to determine the materiality of events and information, and to make disclosures to stock exchanges, as per...

Apeejay Surrendra Park Hotels Ltd. Reports Insider Trading Disclosure Kolkata – March 26, 2026 – Apeejay Surrendra Park Hotels Limited announced that it received a disclosure from Ms. Indrani Dasgupta Paul, a member of the Promoter Group and immediate relative of a Promoter, regarding the acquisition of equity shares.According to the filing, Ms. Paul acquired 9,380 equity shares, representing 0.00440% of the company’s paid-up equity share capital. The transaction occurred on March 24, 2026, and the total value of the acquisition was 994,561.4.Details of the Transaction The details of the transaction are summarized below:Name, PAN, CIN/DIN, & address with contact nos.Category of PersonType of SecuritiesNo. and % of Share...

ITC Limited Dissolves Step-Down Subsidiary, Blazeclan Americas Inc. ITC Limited announced the voluntary dissolution of its step-down subsidiary, Blazeclan Americas Inc., based in the USA, effective March 24, 2026. Confirmation of the dissolution was received on March 26, 2026.Blazeclan Americas Inc. reported a total income of 4.38 crore for the fiscal year 2024-25, representing 0.006% of ITC Limited’s total income for the same period. Its net worth as of March 31, 2025, was 0.63 crore, which accounted for 0.001% of ITC Limited's net worth on that date. The subsidiary became a step-down subsidiary of ITC Limited on October 1, 2024.Sl. No.ParticularsDetails1The amount and percentage of the turnover or revenue or income and net...

Jupiter Infomedia Receives Reclassification Requests from Promoter Group Jupiter Infomedia Limited announced on March 26, 2026, that it received requests from Mr. Umesh Vasantlal Modi, Mrs. Manisha Umesh Modi, Mrs. Kusumben Vasantlal Modi, and Ms. Aishwarya Umesh Modi, members of the Promoter and Promoter Group, seeking reclassification from the ‘Promoter/Promoter Group Category’ to the ‘Public Category’.The requests follow a Share Purchase Agreement dated April 9, 2025, between the aforementioned sellers and Arix Capital Limited and Mrs. Kajal Gopal Baldha, and an Open Offer. The Reclassification Applicants collectively held 70,87,500 fully paid-up equity shares, representing 70.73% of the equity and voting share capital.Pursuant...

Capital Small Finance Bank Ltd. Shareholders Approve Remuneration and Re-appointment Capital Small Finance Bank Ltd. announced today, March 26, 2026, that shareholders have approved resolutions related to director remuneration and re-appointment following a postal ballot.Shareholders approved the revision in the remuneration of Munish Jain, Whole Time Director designated as Executive Director, with effect from April 01, 2025. They also approved the re-appointment of Munish Jain as Whole - Time Director designated as Executive Director, effective August 28, 2026. Additionally, shareholders approved the payment of remuneration to Shahbaz Singh Samra, a Related Party holding an office or place of profit.The voting results, based on a...

Sujala Investments Discloses Share Acquisition in Rain Industries Rain Industries Limited announced that it received a disclosure from Sujala Investments Private Limited, a promoter group entity, regarding the acquisition of shares on March 25, 2026.Sujala Investments Private Limited acquired 53,300 equity shares, representing 0.0158%, of Rain Industries Limited from the open market on March 25, 2026. This acquisition increased Sujala Investments’ total shareholding to 37,976,174 equity shares, representing 11.29% of the company.According to a regulatory filing, the value of the transaction was Rs. 5870934. The trade was executed on the National Stock Exchange (NSE).Form C – SEBI (Prohibition of Insider Trading) Regulations, 2015...

NIIT MTS Named a Strategic Leader in the Fosway 9-Grid™ for Digital Learning, 2026 Atlanta, GA, March 26, 2026: NIIT Learning Systems Limited [NIIT Managed Training Services (NIIT MTS)] announced today that it has been named a Strategic Leader in the Fosway 9-Grid™ for Digital Learning for the fourth consecutive year.The Fosway 9-Grid™ for Digital Learning is a five-dimensional model used to assess solutions and providers, primarily within the EMEA market. The model considers performance, potential, market presence, total cost of ownership, and market trajectories.NIIT MTS’s position as a Strategic Leader reflects its strong market performance, customer advocacy, and comprehensive suite of AI-first managed learning services...

Everest Kanto Cylinder Limited Appoints Amitkumar C. Choksi as Head HR Mumbai, India – March 26, 2026 – Everest Kanto Cylinder Limited announced the appointment of Amitkumar C. Choksi as Head HR, effective March 26, 2026. The appointment was made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Mr. Choksi brings over 25 years of experience in talent management, employee experience, performance management, and skill gap analysis. Prior to joining Everest Kanto Cylinder Limited, he held the position of Head HR & IR at R. N. Laboratories. His previous roles include tenures at Amul, Hindustan Unilever Limited, Kohler, Gujarat Fluorochemicals Limited, and Quaker Chemical.Mr. Choksi holds degrees...

The Bombay Burmah Trading Corporation Ltd. Announces Sale of Tea Plantations The Bombay Burmah Trading Corporation Limited announced on March 26, 2026, that its Board of Directors approved the sale of Tea Plantations (Dunsandle Estate) located in Village Sholur, Taluka Udhagamandalam, District Nilgiris, subject to approvals from relevant authorities.The board meeting commenced at 2:15 P.M. and concluded at 2:50 P.M.Financial Details of the DivisionAccording to the company, the division contributed Rs. 5.65 crore (2.05%) to the company’s turnover and Rs. 7.10 crore (3.76%) to its net worth during the last financial year.Transaction DetailsDefinitive agreements for the sale are expected to be executed at a later date. The...

Sujala Investments Discloses Acquisition of Rain Industries Shares Rain Industries Limited received a disclosure from Sujala Investments Private Limited, a promoter group entity, regarding the acquisition of shares on March 25, 2026, from the open market.Sujala Investments acquired 53,300 equity shares, representing 0.0158%, of Rain Industries Limited. This acquisition brings Sujala Investments’ total holding to 3,79,76,174 equity shares, constituting 11.29% of the company’s outstanding shares.The details are as follows:Shareholding DetailsDetailBefore AcquisitionAfter AcquisitionShares carrying voting rights held by Sujala Investments3,79,22,8743,79,76,174Percentage of total shares (voting rights)11.27%11.29%...

The Bombay Burmah Trading Corporation Limited Announces Sale of Tea Plantations The Bombay Burmah Trading Corporation Limited announced on March 26, 2026, that its Board of Directors has approved the sale of its Tea Plantations (Dunsandle Estate) located in Village Sholur, Taluka Udhagamandalam, District Nilgiris. The sale is subject to approval from relevant authorities.The Board meeting commenced at 2:15 P.M. and concluded at 2:50 P.M.Financial Details Regarding the DivisionAccording to disclosures, the division contributed Rs. 5.65 crore (2.05%) to the company’s turnover and Rs. 7.10 crore (3.76%) to its net worth during the last financial year.Transaction DetailsThe definitive agreements for the sale are expected to be...

Rain Industries Receives Disclosure of Share Acquisition by Promoter Group Entity Mumbai – March 26, 2026 – Rain Industries Limited announced that it received a disclosure from Nivee Holdings Private Limited, a promoter group entity, regarding the acquisition of shares in the company. The disclosure was made in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.According to the filing, Nivee Holdings Private Limited acquired 80,000 equity shares, representing 0.0238%, of Rain Industries Limited on March 25, 2026, through open market transactions. This acquisition resulted in Nivee Holdings Private Limited holding 8,623,250 equity shares, equivalent to 2.56% of the company’s outstanding shares. The total value of...

ACS Technologies Limited Receives Work Order from Hindustan Aeronautics Limited ACS Technologies Ltd. announced it has received a work order from Hindustan Aeronautics Limited, marking a significant milestone for the organization. The engagement involves the delivery of 6 racket integrated data centre and is expected to positively impact the company’s revenue and strengthen its presence in the data centre solutions segment.The order is to be completed by September 19, 2026. The total value of the order is ₹15,576,000.Key details of the work order are summarized below:S.NoParticularsDetails1Name of the entity awarding the ordersHindustan Aeronautics Limited2Significant terms and conditions of ordersAs per the Agreement...

Hardcastle & Waud Manufacturing Company Ltd. Approves Sale of Immovable Property Hardcastle & Waud Manufacturing Company Limited announced on March 26, 2026, that its Board of Directors has approved the sale of an immovable property. The property, Unit No. 7B on the 3rd floor of Sagar Estate, located at Premises No. 2, Narendra Chandra Dutta Sarani, Kolkata - 700001, will be sold to Jeevdani Business Ventures Limited. Jeevdani Business Ventures Limited is part of the Promoter Group of Hardcastle & Waud Manufacturing Company Limited and the transaction will occur on an arm's length basis.The Board meeting approving the sale took place on March 26, 2026, commencing at 2:00 p.m. and concluding at 2:30 p.m.Source:

Rain Industries Ltd. Announces Promoter Acquisition of Shares Mumbai – March 26, 2026 – Rain Industries Limited (BSE: 500339, NSE: RAIN) announced that Nivee Holdings Private Limited, a promoter entity, acquired shares in the company through open market transactions on March 25, 2026.According to a disclosure, Nivee Holdings Private Limited acquired 80,000 equity shares, representing 0.0238%, of Rain Industries Limited. This acquisition increased the company’s holding from 85,43,250 shares (2.54%) to 86,23,250 shares (2.56%).The total diluted share/voting capital of Rain Industries Limited remains at 33,63,45,679 equity shares of Rs. 2/- each.Shareholding DetailsThe following table summarizes the shareholding changes for both...

Victory Electric Vehicles International Limited Appoints Additional Director Victory Electric Vehicles International Limited announced the appointment of Mrs. Harsh as an Additional Director (Non-Executive and Independent) on March 26, 2026. The appointment was approved at a Board meeting that commenced at 2:00 P.M. and concluded at 2:30 P.M.Mrs. Harsh (DIN: 11545213) has been appointed for a period of 5 years, pending shareholder approval via Postal Ballot. She is not related to any other director of the company.Background on Mrs. Harsh:Mrs. Harsh holds a Diploma in Education (D.Ed.) from Maharshi Dayanand University (MDU), a Bachelor of Commerce (B.Com) from the University of Delhi (DU), a Master of Arts (MA) from Indira Gandhi...