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CG Power and Industrial Solutions Ltd. Allots Equity Shares Under ESOP 2021
CG Power and Industrial Solutions Ltd. Allots Equity Shares Under ESOP 2021 CG Power and Industrial Solutions Limited announced the allotment of 3,640 equity shares under its Employee Stock Option Plan 2021 (ESOP 2021) on March 25, 2026. The shares were allotted to eligible employees at an exercise price of Rs. 156.20 per share.The newly issued equity shares have a face value of Rs. 2 each and rank equally with existing shares. Following the allotment, the company’s paid-up equity share capital has increased from Rs. 3,14,98,35,218 to Rs. 3,14,98,42,498, comprising 1,57,49,21,249 equity shares.Source:
LG Electronics India Accelerates Renewable Energy Transition with New Solar PPAs
LG Electronics India Accelerates Renewable Energy Transition with New Solar PPAs New Delhi, March 25, 2026 – LG Electronics India Limited has signed long-term solar Power Purchase Agreements (PPAs) with Hinduja Renewables Energy Private Limited (HREPL) and Sunsure Energy to source renewable energy for its Greater Noida and Pune manufacturing facilities. The initiative will generate over 3.2 crore units of clean electricity annually, equivalent to powering up to 50,000 Indian households each year.Under the agreements, LGE India has secured a 9.80 megawatt peak (MWp) solar PPA with HREPL for the Pune facility and an 11 MWp solar PPA with Sunsure Energy for the Greater Noida facility. LGE India will source approximately 3.21 crore units...
Sundaram Trading Acquires 25,00,000 Equity Shares in BF Investment Ltd
Sundaram Trading Acquires 25,00,000 Equity Shares in BF Investment Ltd BF Investment Limited announced that Sundaram Trading and Investment Private Limited, a member of the company’s promoter group, acquired 25,00,000 equity shares on March 24, 2026. The acquisition occurred through an inter-se transfer amongst members of the promoter group.Following the acquisition, Sundaram Trading and Investment Private Limited holds 1,22,93,068 equity shares, representing 32.63% of the company’s total share/voting capital. Prior to the acquisition, the holding was 97,93,068 shares, representing 26%.The total equity share capital of BF Investment Limited is Rs. 18,83,38,140, consisting of 3,76,67,628 equity shares of Rs. 5 each.Source:
DC Infotech and Communication Limited Extends Agreement with Tata Communications
DC Infotech and Communication Limited Extends Agreement with Tata Communications DC Infotech and Communication Limited, a provider of IT, networking, and digital infrastructure solutions, announced the extension of its Procurement Agreement (Reseller) with Tata Communications Limited, a global digital infrastructure provider.The renewed agreement, effective March 05, 2026, will continue for three years, concluding on March 04, 2029. This extension reinforces the strategic relationship between the two companies and DC Infotech’s commitment to delivering advanced technology solutions to enterprise and government customers.Under the agreement, DC Infotech will continue to leverage Tata Communications’ portfolio to offer networking...
Five-Star Business Finance Ltd. Allots Shares Under Employee Stock Option Scheme
Five-Star Business Finance Ltd. Allots Shares Under Employee Stock Option Scheme Five-Star Business Finance Limited announced the allotment of 2,99,110 equity shares on March 25, 2026, following the exercise of stock options under the Five-Star Associate Stock Option Scheme, 2018.The allotment has increased the company’s paid-up share capital from INR 29,48,76,168 consisting of 29,48,76,168 equity shares to INR 29,51,75,278 consisting of 29,51,75,278 equity shares. The newly allotted shares will rank pari-passu with existing equity shares. The company is completing the formalities for the listing of these shares.The exercise of options resulted in a realization of INR 1,90,68,410.Details of the options granted, including the...
Sinclairs Hotels Ltd. Reports Acquisition of Shares by Promoter
Sinclairs Hotels Ltd. Reports Acquisition of Shares by Promoter Kolkata – Sinclairs Hotels Limited announced a change in shareholding on March 25, 2026, as disclosed under SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011. Promoter Navin Chand Suchanti acquired 63,000 shares through open market transactions on March 23, 2026.Following the acquisition, Navin Chand Suchanti’s holding increased to 3,307,366 shares, representing 6.45% of the company’s equity. Other promoters also hold shares in the company. Niren Chand Suchanti holds 12,215,498 shares (23.83%), Pramina Suchanti holds 7,144,066 shares (13.94%), Preeti Suchanti Khicha Shah holds 2,294,114 shares (4.47%), Pooja Suchanti Shah holds 2,294,114 shares...
Nagarjuna Fertilizers and Chemicals Limited Faces Penalty from SEBI
Nagarjuna Fertilizers and Chemicals Limited Faces Penalty from SEBI Nagarjuna Fertilizers and Chemicals Limited announced on March 25, 2026, that it has been penalized by the Securities and Exchange Board of India (SEBI) in relation to an arbitration award and its disclosure requirements. The company made submissions to the Adjudication Officer, who subsequently levied a penalty of Rs. 1,00,000.The penalty stems from an alleged non-compliance of Regulation 30(3) read with Regulation 30(4)(i)(c) read with disclosure of litigation/dispute read with Regulation 4(1)(h) of the Listing Obligations and Disclosure Requirements (LODR) Regulations, under Section 15A(b) of the SEBI Act, 1992.According to a regulatory filing, the company has...
HGS Unveils Intelligent Experience Positioning, Backed by 90-Day ROI Commitment
HGS Unveils Intelligent Experience Positioning, Backed by 90-Day ROI Commitment HGS, a global provider of technology, AI, and business services, today announced a new Intelligent Experience positioning, marking a focus on delivering measurable results at scale for enterprises. The announcement, made March 25, 2026, includes a 90-day Return on Intelligent Experiences (ROIX) commitment, designed to shift the focus from AI aspiration to tangible outcomes.According to HGS, 95% of generative AI projects fail to deliver ROI, and many initiatives stall in the pilot phase. The company’s new approach, Realized AI, treats intelligence as an operational capability. Every engagement includes shared accountability, defined metrics, and...
Exato Technologies Limited Receives Order Regarding Input Tax Credit
Exato Technologies Limited Receives Order Regarding Input Tax Credit Exato Technologies Ltd. (Scrip Code: 544626) announced on March 25, 2026, that it received an order from the Office of the Assistant Commissioner of CGST & Central Excise, division -X, Mumbai East.The order pertains to the period from April 2019 to March 2020 and confirms a demand for Input Tax Credit (ITC) totaling ₹41,046, comprising ₹20,523 in CGST and ₹20,523 in SGST. The order is issued under Sections 74(1) of the Central Goods and Services Tax Act, 2017 and MGST Act, 2017, read with Section 20 of the Integrated Goods and Services Tax Act, 2017.In addition to the ITC demand, the order also includes interest under Section 50(1) of the CGST Act and MGST Act...
Bosch Ltd. Announces Board Meeting and Trading Window Closure
Bosch Ltd. Announces Board Meeting and Trading Window Closure Bosch Ltd. will hold a meeting of its Board of Directors on Wednesday, May 20, 2026. The meeting’s agenda includes the review and approval of the company’s audited standalone and consolidated financial results for the year ending March 31, 2026, and a recommendation for a final dividend, if applicable, for the same financial year.In accordance with the company’s insider trading regulations, the trading window for designated persons and their immediate relatives will be closed from April 1, 2026, to May 22, 2026, inclusive.Source:
Pee Cee Cosma Sope Ltd. Announces Incorporation of Wholly Owned Subsidiary
Pee Cee Cosma Sope Ltd. Announces Incorporation of Wholly Owned Subsidiary Pee Cee Cosma Sope Ltd. announced on March 25, 2026, the approval to incorporate a wholly-owned subsidiary, Abhaya Nourishtech Limited, under the Companies Act, 2013. The decision was made by the Executive Committee of the Board of Directors during a meeting held on the same date, commencing at 1:00 p.m. (IST) and concluding at 1:50 p.m. (IST).Abhaya Nourishtech Limited is considered a related party transaction as it is a wholly owned subsidiary of Pee Cee Cosma Sope Ltd. The new subsidiary will be engaged in proteins/plant proteins, food and nutraceutical ingredients, and finished products, including milk and related trading activities.The company will...
Urban Company Report: Two-Wheeler Ownership Boosts Women Professionals’ Earnings by 14%
Urban Company Report: Two-Wheeler Ownership Boosts Women Professionals’ Earnings by 14% Gurugram, March 25, 2026 – Urban Company released its "Ride to Rise" report, highlighting how its mobility initiative, Udaan, has significantly improved earning opportunities for women service professionals. The report showcases the impact of providing access to independent mobility across key urban markets including Mumbai, Delhi NCR, Bengaluru and Hyderabad.Under the Udaan initiative, the company built an end-to-end mobility ecosystem, spanning training, licensing, financing and ownership. Approximately 1,800 women service professionals have been supported, with over 1,100 women trained to ride and 700+ women purchasing two-wheelers.The report...
Fortis Malar Hospitals Receives Income Tax Order
Fortis Malar Hospitals Receives Income Tax Order Fortis Malar Hospitals Ltd. announced receipt of an Income Tax Order on March 24, 2026, at 2:51 p.m. The order, issued by the Income Tax Authority, pertains to the assessment year 2018-19 and involves an additional demand of Rs. 48,22,435.The order relates to interest under Section 234D. According to the company’s assessment, the demand is not maintainable and an appeal is being prepared. Fortis Malar Hospitals does not anticipate a material impact on its financials, operations, or other activities.S.NoParticularsDetails1Name of the authorityIncome Tax Authority2Nature and details of the OrderIncome Tax rectification order dated March 19, 2026 for the assessment year 2018-19...
NACL Industries Limited Allots Shares Under Employee Stock Option Scheme
NACL Industries Limited Allots Shares Under Employee Stock Option Scheme NACL Industries Limited announced the allotment of 1,65,000 equity shares on March 25, 2026, following the exercise of vested options under the NACL Employee Stock Option Scheme - 2020 (ESOS-2020 Scheme). The allotment was approved by the Nomination and Remuneration Committee.The newly allotted shares will rank pari-passu with existing equity shares. Consequently, the company's equity share capital has increased from 23,40,13,330 to 23,41,78,330 equity shares of a face value of 1 each.The exercise price per share varies for different grantees, ranging from 50 to 78, with a weighted average exercise price of 66.67. A premium of 65.67 per share was also applied...
Motherson Signs Joint Venture with Hellmann Worldwide for Global Automotive Logistics
Motherson Signs Joint Venture with Hellmann Worldwide for Global Automotive Logistics India – March 25, 2026 – Samvardhana Motherson International Limited (Motherson), a global Design, Engineering, Manufacturing, Assembly and Logistics (D.E.M.A.L.) specialist, has signed a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited (Hellmann), one of the largest family-owned international logistics providers. The new joint venture company, to be incorporated in Dubai, will focus on providing integrated supply chain solutions to the global automotive industry.The partnership aims to deliver innovative, efficient, and sustainable logistics solutions, combining Hellmann's global logistics network and technology...
Renol Polychem Limited Completes Acquisition of Harmony Ply-Lam Limited
Renol Polychem Limited Completes Acquisition of Harmony Ply-Lam Limited Renol Polychem Limited announced on March 25, 2026, that it has successfully acquired 39.98% equity shareholding in Harmony Ply-Lam Limited. As a result of this acquisition, Harmony Ply-Lam Limited has become an associate of Renol Polychem Limited.The acquisition is described as a strategic decision aimed at expanding Renol's vision for inorganic growth. The acquisition was completed for a price of 56.15 Rs. per share, involving a total consideration of 28,49,500 shares.Harmony Ply-Lam Limited, incorporated on January 2, 2015, carries out business of all types and kinds of laminates sheet, solid surface sheets, particle boards, plywood sheets, insulated boards...
Omaxe Names First ‘Pink Stand’ After Harmanpreet Kaur at The Omaxe State Stadium, Dwarka
Omaxe Names First ‘Pink Stand’ After Harmanpreet Kaur at The Omaxe State Stadium, Dwarka Omaxe, a leading real estate developer in India, announced that a key stand at the cricket stadium in The Omaxe State, Dwarka, will be named after Harmanpreet Kaur, Captain of the Indian Women's Cricket Team. The announcement was made at a press conference held at the project site, attended by Harmanpreet Kaur, Mohit Goel (MD, Omaxe Ltd.), Avneet Soni (Business Head, Omaxe) and Biswabhushan Beura (Executive Director, Bentel).The Harmanpreet Kaur Stand, also the Pink Stand, will feature 1,500+ seats, offering a close-up view of the field. It will be part of a 30,000-seater stadium that serves as the centrepiece of The Omaxe State, an integrated...
Pulsar International Ltd. Announces Resignation of Company Secretary
Pulsar International Ltd. Announces Resignation of Company Secretary Pulsar International Ltd. announced on March 25, 2026, the resignation of Ms. Bhumi Mehta from her position as Company Secretary and Compliance Officer. The resignation will be effective from March 25, 2026, after business hours.Ms. Mehta’s departure is attributed to her pursuing other career opportunities.The particulars of Ms. Mehta’s resignation are detailed below:ParticularsDetailsReason for ChangeResignationDate of ResignationMarch 25, 2026Brief ProfileNot ApplicableDisclosure of RelationshipNot ApplicableShareholdingNILArvind Parmar, Managing Director, confirmed the resignation.Source:
Kranti Industries Ltd. Approves Disinvestment in Preciso Metall Private Limited
Kranti Industries Ltd. Approves Disinvestment in Preciso Metall Private Limited Kranti Industries Ltd. announced on Wednesday, March 25, 2026, that its Board of Directors approved the disinvestment of equity stakes in a subsidiary company. The board approved the sale of up to 1,000,000 equity shares with a face value of Rs. 10 each, representing 15.22% of the paid-up share capital of Preciso Metall Private Limited.The board meeting commenced at 12:30 PM (IST) and concluded at 01:30 PM (IST).Source:
Pakka Limited Secures Approval for Fiscal Incentives Under Uttar Pradesh Industrial Policy
Pakka Limited Secures Approval for Fiscal Incentives Under Uttar Pradesh Industrial Policy Pakka Limited announced that the Uttar Pradesh Cabinet Committee has approved a Letter of Comfort (LOC) for the company’s ‘Jagriti Project’. This approval paves the way for Pakka Limited to avail fiscal incentives totaling Rs. 224.47 crores under the Uttar Pradesh Industrial Investment and Employment Promotion Policy, 2022.The application for these incentives was initially submitted on July 23, 2025, concerning investments within the ‘Jagriti Project’. The Uttar Pradesh Cabinet Committee's decision was reached during a meeting held on March 23, 2026.The Certificate of Award for the Letter of Comfort was distributed during the Launch Event of...
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