Markets

Tomorrow Technologies Global Innovations Limited Reviews Director Performance Tomorrow Technologies Global Innovations Limited, formerly known as CNI Research Limited, announced the outcome of a meeting of its Independent Directors held on March 26, 2026. The meeting, which began at 1:30 PM and concluded at 2:00 PM, focused on evaluating director performance and information flow within the company.The Independent Directors reviewed the performance of Non-Independent Directors and the Board as a whole. Additionally, they assessed the performance of the Chairman of the Company, considering perspectives from Executive and Non-executive Directors. The meeting also evaluated the quality, quantity, and timeliness of information provided to...

Jupiter Infomedia Announces Leadership Changes Following Acquisition Jupiter Infomedia Limited announced leadership changes on March 26, 2026, following an acquisition by Arix Capital Limited and Mrs. Kajal Gopal Baldha. The changes mark the completion of a share purchase agreement dated April 9, 2025, and subsequent open offer, resulting in the Acquirers holding approximately 51.00% of the company's voting share capital.Resignations and Change of ControlThe Board of Directors acknowledged the resignations of Umesh Vasantlal Modi (Chairman and Managing Director), Manisha Umesh Modi (Whole-Time Director and CFO), Kusumben Vasantlal Modi, and Aishwarya Umesh Modi, effective March 26, 2026. These resignations signify that the...

Rama Phosphates Ltd. Credit Rating Placed on Negative Watch Rama Phosphates Ltd. announced today, March 26, 2026, that ICRA, a Credit Rating Agency, has placed its existing credit ratings on a rating watch with negative implications. The rating actions affect various facilities of the company, totaling a rated amount of 136.00 Crore Rupees.The affected ratings and their current status are detailed below:FacilitiesCurrent Rated Amount (Rs. Crore)Current RatingLong Term -- Fund Based Limits80.00ICRA A-; placed on rating watch with negative implicationsShort Term - Non-Fund Based Limits48.00ICRA A2+; placed on rating watch with negative implicationsLong Term - Fund Based - Term Loan8.00ICRA A-; placed on rating watch with...

Sonal Adhesives Ltd. Schedules Board Meeting to Review Financial Results Sonal Adhesives Ltd. announced a board meeting scheduled for Thursday, May 28, 2026, at 4:00 p.m. The purpose of the meeting is to consider and approve the audited financial results for the fourth quarter and the year ended March 31, 2026.In accordance with SEBI regulations and the company's internal code, the trading window for securities of Sonal Adhesives Ltd. will be closed from April 1, 2026, to May 30, 2026, inclusive, for designated persons and insiders.Sandeep Arora, Managing Director of Sonal Adhesives Limited, with DIN 00176939, made the announcement. The company's scrip code is 526901.Source:

Switching Technologies Gunther Ltd. Appoints Secretarial Auditor Switching Technologies Gunther Limited announced the appointment of Ms. Divya Mohta as the Company Secretary in Practice, New Delhi, to serve as the Secretarial Auditor. The appointment was approved by the Board of Directors at a meeting held on March 26, 2026.Ms. Mohta, holding Membership No. 47040 and Certificate of Practice No. 17217, with Peer Review No. 2773/2022, will hold office until the conclusion of the Company’s ensuing Annual General Meeting.The Board meeting commenced at 2:30 p.m. and concluded at 2:57 p.m. (IST).Details of the Appointment:ParticularsDetailsReason for ChangeThe Board appointed Ms. Mohta as Secretarial Auditor to conduct the...

Atharv Enterprises Limited Board Approves Auditor Appointment and Scrutinizer for Postal Ballot Atharv Enterprises Limited announced that its Board of Directors met on March 26, 2026, and approved several key matters. The meeting commenced at 2:00 p.m. and concluded at 2:30 p.m.The Board approved a postal ballot notice to shareholders seeking approval for the appointment of M/s. SHWETA JAIN & CO LLP (Firm Registration No. 127673W/W101149) as the company’s Statutory Auditors to fill a Casual Vacancy. Additionally, M/s. Nidhi Bajaj & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer for conducting the Postal Ballot process.The decisions were made by Pramod Kumar Gadiya, Managing Director, with DIN...

National Highways Infra Trust Distributes Rs. 1.160 Per Unit to Unitholders National Highways Infra Trust (NHIT) has completed the distribution of Rs. 1.160 per unit to eligible unitholders for the period ended January 2026. The payment, which was previously announced on March 16, 2026, and March 18, 2026, was finalized on March 26, 2026.The record date for the distribution was set as March 20, 2026. Distributions for the months leading up to December 2025 have already been disbursed. The distribution is subject to applicable withholding taxes.Source:

UltraTech Cement Completes Settlement Proceedings Related to Jaiprakash Associates Acquisition UltraTech Cement Limited announced on March 26, 2026, the resolution of settlement proceedings concerning the acquisition of certain cement plants from Jaiprakash Associates Limited (JAL). The resolution follows a dispute that was referred to arbitration.As part of the original agreement, signed on June 27, 2017, UltraTech Cement issued 100,000 Series A Redeemable Preference Shares of Rs. 100,000 face value each to JAL, which were placed in escrow. These shares were contingent upon the satisfaction of conditions regarding the Dalla Super unit and mines located in Uttar Pradesh.The final award from the Arbitral Tribunal, issued on March 26...

Suraj Industries Ltd. Increases Stake in Shri Gang Industries and Allied Products Limited Suraj Industries Ltd. announced on March 26, 2026, that its Board of Directors approved the acquisition of additional equity shares in Shri Gang Industries and Allied Products Limited ('Shri Gang'). The company will acquire 25,000 shares from Mr. Vikas Gupta and 24,800 shares from Mr. Ritesh Gupta, both members of the Promoter Group.These acquisitions will increase Suraj Industries Ltd.'s shareholding in Shri Gang to 20.27% from the current 20.02%. The transactions constitute related party transactions and were reviewed and approved by the Audit Committee. The transactions were conducted on an arm's length basis.Shri Gang Industries and Allied...

Accent Microcell Limited Receives Upgraded Ratings from CARE Ratings Accent Microcell Limited (ACCENTMIC) has received an upgrade to its bank facilities from CARE Ratings Limited, according to a press release dated March 26, 2026. The revision reflects significant growth in the company’s operations during fiscal year 2025 (audited, April 1 to March 31) and the first half of fiscal year 2026 (unaudited).Rating Actions The details of the upgraded ratings are presented in the following table:Facilities/InstrumentsAmount (₹ crore)Rating 1Rating ActionLong-term bank facilities1.48 (Reduced from 1.66)CARE A-; StableUpgraded from CARE BBB+; StableLong-term / Short-term bank facilities35.00 (Enhanced from 20.50)CARE A-; Stable / CARE...

Deepak Fertilisers Subsidiary Sees Reduction in Tax Demand Deepak Fertilisers & Petrochemicals Corporation Ltd. announced a reduction in a tax demand against its wholly-owned material subsidiary, Mahadhan AgriTech Limited. The initial assessment order from the Assistant Commissioner of Commercial Taxes (Audit)-6, DGSTO-6, Bengaluru, had raised a demand of ₹1,84,40,339.Following an application for rectification filed under Section 161 of the CGST Act, 2017, the Tax Authority revised the demand, decreasing it to ₹1,04,048. The rectification order was received by the company at 2:56 p.m. on March 25, 2026.The information is also available on the company’s website at www.dfpcl.com.Source:

Dr. Reddy's Laboratories Allots Equity Shares Under Employee Stock Option Scheme Dr. Reddy's Laboratories Limited announced the allotment of 3,675 equity shares on March 26, 2026, to eligible employees through the exercise of stock options under the Dr. Reddy's Employees ADR Stock Option Scheme, 2007. Each share has a par value of Re. 1.The allotment follows the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.A portion of the shares, 575, were issued at a price of Re.1 per share, with no premium. The remaining 3,100 shares were issued at Rs. 735.80 per share, with a premium of Rs. 734.80 per share.Following this allotment, the total issued shares of the company stand at 83,46,57,970 and...

Piramal Finance Limited Receives Tax Loss Order of Rs. 10,110 Crore Piramal Finance Limited announced on March 26, 2026, that it received an order allowing a tax loss of Rs. 10,110 crore in relation to the return of income filed for fiscal year 2023-24 (assessment year 2024-25). The order follows scrutiny under Computer-Assisted Scrutiny Selection for the assessment year 2024-25.With this order, the cumulative assessed tax losses for the company now stand at approximately Rs. 24,600 crore. The company made this announcement as a matter of caution.BSE Limited, with BSE Scrip Code 544597, and the National Stock Exchange of India Limited, with NSE Symbol PIRAMALFIN, were notified of the development.Source:

Refex Industries Ltd. Board Approves ₹3,300 Crore Investment and ₹2,010 Crore Related Party Transaction Refex Industries Limited, a Refex Group Company, announced key decisions following a Board of Directors meeting held on March 26, 2026.The Board approved investments, loans, guarantees, and security totaling up to ₹3,300 Crore, an increase from the previous limit of ₹2,500 Crore. Additionally, the Board approved a Material Related Party Transaction with Venwind Refex Power Limited, a subsidiary, for an amount not exceeding ₹2,010 Crore.Shareholders will vote on these matters via postal ballot. The postal ballot process will commence on April 1, 2026, and conclude on April 30, 2026. Shareholders will receive the Notice of Postal...

Aster DM Healthcare Limited Declares Interim Dividend Aster DM Healthcare Limited announced on March 26, 2026, that its Board of Directors has declared an interim dividend of Rs. 3 per share, with a face value of Rs. 10 per share, for the financial year ending March 31, 2026.The record date for determining shareholder eligibility for the interim dividend is set for April 3, 2026. The dividend will be paid to shareholders within 30 days from the date of declaration.In accordance with the Finance Act 2020, the interim dividend will be subject to tax deductible at source (TDS) as per the provisions of the Income Tax Act, 1961. Shareholders are requested to submit necessary documentation by April 6, 2026, to facilitate the...

Trans India House Impex Limited Responds to Stock Price Movement Inquiry Trans India House Impex Limited (formerly IO System Limited) addressed a query from the BSE Limited regarding recent stock price movements. In a communication dated March 26, 2026, the company stated it complies with the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and promptly informs the stock exchange of material events.The company reported it is unaware of any specific reason for the price fluctuation, attributing it to prevailing market conditions. Management affirmed they are not connected to the observed price movement. Trans India House Impex Limited reiterated its adherence to Regulation 30 of the SEBI (LODR) Regulations, 2015...

Praruh Technologies Receives Order from State Tax Department Noida, India – March 26, 2026 – Praruh Technologies Ltd. announced today that it received an order from the Office of Deputy Commissioner, State Tax Department, Gautam Budh Nagar, Uttar Pradesh, GST Range. The order pertains to a demand for goods and services tax (GST) related to the financial year 2019-20, including interest and penalty.According to the order, GST amounting to INR 4,27,51,726/- is demanded for the financial year 2019-20, along with associated interest and penalty. The company received communication of the order on March 25, 2026.Praruh Technologies stated that the order is currently appealable, and an appeal will be filed before the due date. The company...

Dympal Jain Discloses Open Market Purchase of Amanta Healthcare Equity Shares Amanta Healthcare Limited announced the receipt of a disclosure form from Dympal Jain, an immediate relative to Director Nitin Jain, detailing an open market purchase of equity shares. The disclosure, received March 25, 2026, is in accordance with the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015.According to the disclosure, Ms. Jain acquired 15,675 equity shares between March 19, 2026 and March 24, 2026. The total value of the acquisition was ₹15,01,041.13. Following the purchase, Ms. Jain’s holding in the company comprises 15,676 equity shares, representing 0.04% of the total outstanding shares. The...

Rhi Magnesita India Ltd. Schedules Investor Meetings Rhi Magnesita India Ltd. announced plans for upcoming meetings with analysts and institutional investors. The meetings will be held virtually on March 31, 2026, at 10:30 A.M. IST.The schedule is as follows:DateTime (IST)Call/ MeetingLocation31 March 202610:30 A.M.One-on-One/ Group MeetingVirtualAccording to the company, no unpublished price sensitive information will be discussed during these meetings. An investor presentation is available for review on the company’s website: https://www.rhimagnesitaindia.com/uploads/image/556imguf_investor-presentation.pdf.Source:

Emrock Corporation Limited Reviews Board and Director Performance Emrock Corporation Limited, formerly Vaghani Techno Build Limited, announced on Thursday, March 26, 2026, that its Independent Directors conducted a separate meeting to review key aspects of the company’s leadership and operations.The meeting, which took place at the company’s Gujarat office in Ahmedabad, commenced at 1:30 P.M. and concluded at 2:00 P.M. (IST). During the session, the Independent Directors evaluated the performance of Non-Independent Directors and the Board of Directors as a whole. Additionally, they assessed the performance of the Chairperson of the Company.The agenda also included a review of the information flow between company management and the...