Markets

Bharat Heavy Electricals Announces Senior Management Change Bharat Heavy Electricals Limited (BHEL) has announced a change in its senior management, effective March 25, 2026. The change involves the transition of Ms. Aruna Gulati from her role as General Manager & Head (CSM & CC), New Delhi, to General Manager (Operations), SBD, Bengaluru.Previously, Ms. Gulati reported to the Chairman and Managing Director (CMD) as Head of CSM & CC. In her new role, she will report to the Head (SBD), Bengaluru. The change is attributed to a transfer and reallocation of work within the company.The table below summarizes the details of the management change:S. No.NameOld Designation & ReportingNew Designation & Reporting1Ms. Aruna GulatiGM &...

Prismx Global Ventures Ltd. Holds Extraordinary General Meeting Prismx Global Ventures Limited (Scrip ID: PRISMX, Scrip Code: 501314) announced the proceedings of its Extraordinary General Meeting (EOGM) held on Thursday, March 26, 2026, via video conferencing and other audio-visual means. The meeting commenced at 12:00 P.M. and concluded at 12:10 P.M., with e-voting facilitated by National Securities Depository Limited (NSDL) for 30 minutes following the meeting’s conclusion.A quorum was present at the meeting, attended by 67 members. Directors present included Mr. Ravindra Bhaskar Deshmukh (Executive Director & CEO), Mr. Sandeep Kumar Sahu (Non-Executive Independent Director), Ms. Priyanka Keshav Kumar Chaurasia (Non-Executive...

Defrail Technologies Secures ₹ 1.48 Crore Order from Indian Railways Defrail Technologies Ltd. announced today, March 26, 2026, that it has received a purchase order from Indian Railways - North Eastern Railway. The order, valued at approximately ₹ 1,48,00,000, is for the supply of Air Brake Hose coupling complete for Brake/Feed Pipe.The order is categorized as a domestic transaction and does not constitute a related party transaction. Defrail Technologies expects the order to positively impact the company's revenue and profitability.Source:

LTM Recognized as a Leader in ISG’s Provider Lens™ Evaluation for Oracle Cloud and Technology Ecosystem 2025 Mumbai, India – March 26, 2026 – LTMindtree Ltd. (LTM) has been recognized as a Leader in multiple quadrants in the ISG Provider Lens™ Oracle Cloud and Technology Ecosystem 2025 reports for both the United States and Europe by Information Services Group (ISG), a leading global technology research and advisory firm.The ISG Provider Lens™ study evaluates service providers across Professional Services, Managed Services, and OCI Solutions and Capabilities. LTM's recognition highlights its Oracle ecosystem expertise, AI-led transformation approach, and track record in delivering enterprise cloud modernization programs.According to...

Alankit Ltd. Board Approves Sale of Gold Investment and Investment in Subsidiary Alankit Ltd. announced on March 26, 2026, that its Board of Directors approved the sale of gold held as an investment. The board also approved an investment in Alankit Imaginations Limited, a wholly-owned subsidiary of the company.The board meeting commenced at 1:15 P.M. (IST) and concluded at 1:40 P.M. (IST). Details regarding the outcome of the board meeting are available on the company’s website at www.alankit.in.Source:

Bikaji Foods International Completes Additional Stake Acquisition in Hazelnut Factory Food Products Bikaji Foods International Limited (BFIL) announced the completion of the second tranche for the acquisition of an additional 8.59% stake in Hazelnut Factory Food Products Private Limited (THF) on March 26, 2026. Bikaji Foods Retail Limited (BFRL), a wholly-owned subsidiary of BFIL, has now aggregated a 48.99% shareholding in THF following the completion of this acquisition.The acquisition, totaling ₹ 39,99,73,212, involved the issuance of 5,086 equity shares at a premium of ₹ 78,632 per share. The investment brings BFRL's total investment in THF to approximately ₹ 101 Crore.THF, incorporated on December 19, 2019, operates in the Food...

Aadhar Housing Finance Ltd. Announces Payment Date for Non-Convertible Debentures Mumbai – Aadhar Housing Finance Ltd. announced that the payment date for yearly interest and redemption amount for its Non-Convertible Debentures (ISIN - INE538L07270) has been set for March 30, 2026.The original payment date was scheduled for March 31, 2026, as previously communicated on August 22, 2025. However, due to March 31, 2026, being a bank holiday for Mahavir Janmakalyanak/Mahavir Jayanti, the payment will be made on the preceding working day, March 30, 2026.Source:

Fervent Synergies Ltd. Appoints Three Independent Directors Fervent Synergies Ltd. announced the appointment of three Additional Directors to its Board on March 26, 2026. The appointments were approved at a Board meeting held on the same date.Mr. Ashwin Sanghvi (DIN: 00871468), Ms. Mira Shah (DIN: 10606042), and Mr. Rahul Parikh (DIN: 11619551) will serve as Non-Executive Independent Directors for a period of five consecutive years, effective April 1, 2026. The appointments were made based on the recommendation of the Nomination & Remuneration Committee and are subject to member approval via a special resolution.The company confirmed that all three appointees meet the independence criteria outlined in the Companies Act, 2013, and...

Kranti Industries Ltd. Announces Promoter Group Share Acquisition Kranti Industries Ltd. announced that Mr. Sachin Subhash Vora and Mr. Sumit Subhash Vora have acquired 3,00,000 equity shares each from Sachin Subhash Vora (HUF) and Sumeet Subhash Vora (HUF) respectively. The acquisition occurred through an off-market inter se transfer between promoters, facilitated as a gift. Mr. Sachin Subhash Vora also acquired 15,271 shares on the open market.According to a filing, prior to the transaction, Sachin Subhash Vora held 21,62,830 shares, Sumit Subhash Vora held 20,56,237 shares, Sachin Subhash Vora (HUF) held 3,00,600 shares, and Sumeet Subhash Vora (HUF) held 3,00,600 shares. Post-acquisition, Sachin Subhash Vora holds 24,78,212...

Bharat Dynamics Completes First-Off Production of Advanced Akash Weapon System Bharat Dynamics Limited announced the successful completion of the First-Off Production Model (FOPM) of the Advanced Akash Weapon System on March 26, 2026. The system incorporates upgraded subsystems designed to enhance performance and bolster the combat capabilities of the Indian Armed Forces.During testing, the Advanced Akash Weapon System demonstrated high precision against a variety of aerial threats. This achievement underscores Bharat Dynamics’ capabilities in delivering complex systems to the Armed Forces.The completion of the FOPM paves the way for the commencement of delivery of the Advanced Akash Weapon Systems to the Indian armed forces in the...

Sodhani Academy of Fintech Enablers Ltd. Completes Property Sale Sodhani Academy of Fintech Enablers Limited announced the sale of a property located at Flat No. 512, 5th Floor, Mayfair Heights, Kardhani Yojana, Govindpura, Kalwar Road, Jaipur, to Mr. Dipendra Sharma. The transaction, finalized on March 26, 2026, involves a consideration of 22,000,000. The sale is expected to be completed by April 30, 2026.Mr. Dipendra Sharma is not affiliated with the company's promoters, promoter group, or group companies. The transaction does not constitute a related party transaction, nor does it fall outside the scope of the company's operations. No turnover or revenue was generated from the unit.Source:

Pranik Logistics Limited Reclassifies Director as Promoter Kolkata – Pranik Logistics Limited announced on March 26, 2026, that its Board of Directors has reclassified Mr. Nikunj Sonthalia as a ‘Promoter’ of the company, effective immediately. The decision was made at a board meeting held on March 25, 2026.According to the company, the reclassification reflects Mr. Sonthalia’s significant influence over the company's strategic and policy decisions, working in coordination with existing promoters. His responsibilities include high-level management oversight and long-term business planning.Mr. Sonthalia, who currently serves as a Whole-time Director (Professional Category), will now be identified as a member of the ‘Promoter’...

IKIO Technologies Ltd. Promoter Acquires Equity Shares IKIO Technologies Ltd. announced that Promoter & Managing Director Hardeep Singh acquired 10,100 equity shares on March 25, 2026. The acquisition was made on the National Stock Exchange (NSE).Prior to the acquisition, Hardeep Singh held 3,30,24,174 equity shares, representing 42.7328% of the company's equity share capital. Following the purchase, his holding increased to 3,30,34,274 equity shares, constituting 42.7458% of the equity share capital.The total value of the transaction was 11,77,887 Indian Rupees.Hardeep Singh, Promoter & Managing Director, resides at J-12/76, Rajouri Garden, West Delhi, Delhi- 110027 and his PAN is AABPS0013J.Source:

Blue Dart Express Ltd. Receives Inspection Order from State Tax Authority Mumbai – March 26, 2026 – Blue Dart Express Ltd. announced today that it received a letter on March 25, 2026, from the office of the Deputy Commissioner of State Tax in Mumbai regarding an inspection and search.The action was initiated under Rule 139(1) of the Central Goods and Services Tax Act, 2017. Blue Dart Express Ltd. is currently assisting and cooperating with the authority by providing the necessary information and clarifications.According to the company, the inspection is not expected to have a material impact on its financial performance, operations, or other activities.Here's a summary of the details regarding the inspection:DetailInformation...

Fractal Analytics Receives Draft Assessment Order with Proposed Adjustments of INR 156.56 Crore Fractal Analytics Limited announced today, March 26, 2026, that it received a Draft Assessment Order from the Income Tax Department of India for the Assessment Year 2023-24. The Draft Order, received on March 24, 2026, proposes total additions of INR 156.56 crore stemming from transfer pricing and corporate tax adjustments.The Draft Order, issued under section 144C(1) of the Income Tax Act of 1961, is applicable to the financial year 2022-23. Currently, no tax demand is payable as this is a Draft Order, and any demand will be determined after the receipt of the final assessment order.The company will file its objections before the Dispute...

Purple Finance Ltd. Announces Finance Committee Meeting for Fund Raising Purple Finance Limited announced that a meeting of its Finance Committee is scheduled for Tuesday, March 31, 2026, at the company's corporate office. The meeting will focus on a proposal to raise funds through the issuance of securities.The company may issue equity shares, preference shares, warrants, debentures, or other securities via methods such as a rights issue, qualified institutions placement, preferential issue, or other legally permissible means. The fund raising will be subject to required regulatory and statutory approvals, and shareholder approval.The trading window for company insiders will be closed for 48 hours after the announcement of the...

Jubilant Ingrevia Announces Resignation of Senior Management Personnel Jubilant Ingrevia Limited announced on March 26, 2026, that Mr. Ambrish Dixit, President-Speciality Chemicals, has resigned from his position, effective March 31, 2026. The resignation is due to Mr. Dixit pursuing a new opportunity.Details of ResignationParticularInformation of such eventNameMr. Ambrish DixitReason for changePursuing a better opportunityDate of cessationEffective from close of business hours of March 31, 2026Mr. Dixit expressed gratitude for the support and guidance received from Jubilant Ingrevia's leadership and board during his tenure.Source:

Global Defence Industries Limited Issues Corporate Guarantee for Subsidiary Global Defence Industries Limited, formerly known as Nibe Ordnance and Maritime Limited, announced on March 26, 2026, that its Board of Directors approved the issuance of a corporate guarantee. The guarantee, issued in favor of Cosmos Co-op. Bank Limited, secures credit facilities of 230 Crores for Globe Forge Limited, a subsidiary of the company in which Global Defence Industries Limited holds 66.10% of the paid-up equity share capital.The corporate guarantee will be in effect for a period of 96 months, commencing from the date of the first disbursement. According to the company, the guarantee will be issued on an arm’s length basis. Promoters Mr. Ganesh...

Tarini International Ltd. Receives Stay on Legal Proceedings Tarini International Ltd. announced on March 26, 2026, that the Hon’ble High Court has stayed the matter of ROC against the Directors and Key Management Personnel (KMP) of the company. This follows a summons dated February 16, 2026, as previously communicated on February 16, 2026.Source:

Sunlite Recycling Industries Limited Receives GST Order Sunlite Recycling Industries Limited announced that it received a Goods and Services Tax (GST) order from the Office of the Assistant Commissioner of Jurisdiction: Gujarat on March 26, 2026.The order, issued under Section 74(1) of the CGST Act 2017/GGST Act 2017, relates to disallowed Input Tax Credit of Rs. 62,73,754/- and associated charges including interest and a penalty totaling Rs. 1,40,08,520/-.According to previous disclosures to the stock exchange on September 18, 2025, and February 23, 2026, a previous order related to the same grounds had been set aside and all charges dropped. The company has stated that it will appeal the current order, citing procedural lapses and...