Markets

Sanathan Textiles Subsidiary Acquires Stake in Serentica Renewables Mumbai – Sanathan Textiles Limited announced that its wholly-owned subsidiary, Sanathan Polycot Private Limited (SPPL), has entered into a Share Subscription and Shareholders' Agreement (SSSHA) and a Power Supply and Consumption Agreement (PSCA) to acquire a 26% stake in Serentica Renewables India 33 Private Limited. Serentica Renewables India 33 Private Limited is a subsidiary of Serentica Renewables India Private Limited.The acquisition, valued at Rs. 48 Crores, is intended to secure a contracted capacity of 32 MW of renewable power for SPPL’s manufacturing operations. The transaction is subject to customary conditions precedent and regulatory approvals and is...

Rossari Biotech Subsidiary Changes Name to Rossari Global FZCO March 24, 2026 – Rossari Biotech Limited announced a change in the name of its wholly-owned subsidiary, Rossari Global DMCC, to Rossari Global FZCO, effective March 23, 2026. The change was formalized with a certificate issued by the Dubai Multi Commodities Centre Authority (DMCC Authority) on March 24, 2026.According to the company, the name change pertains solely to the suffix and is in accordance with mandatory guidelines from the DMCC Authority. The modification does not impact any other aspect of the subsidiary's operations.Source:

Acme Solar Holdings Limited Commissions Second Phase of Battery Energy Storage System Project Acme Solar Holdings Limited announced the commissioning of the second phase of a Battery Energy Storage System (BESS) project located in Jaimalsar, Bikaner, Rajasthan. The project, developed by ACME Surya Power Private Limited, a wholly-owned subsidiary of Acme Solar Holdings Limited, adds 35.714 MW / 160.48 MWh of capacity.The commercial operation date for the second phase is scheduled for March 26, 2026. With this milestone, ACME Surya Power Private Limited has achieved a total commissioned capacity of 95.714 MW / 430.086 MWh out of the total project capacity of 250 MW / 1103.392 MWh.The BESS project is located at Village: Jaimalsar...

Kotak Mahindra Bank Completes Stake Sale in Infina Finance Private Limited Kotak Mahindra Bank Limited announced the completion of the sale of its stake in Infina Finance Private Limited on March 24, 2026. The stake sale was executed by Kotak Mahindra Capital Company Limited, a wholly-owned subsidiary of the Bank.As a result of the transaction, Infina Finance Private Limited is no longer considered an associate company of Kotak Mahindra Bank. The transaction follows a prior disclosure made on March 21, 2026.BSE Scrip Codes affected by the transaction are 500247, 958687, 974396, 974682, 974924, and 975387. The NSE Symbols impacted are KOTAKBANK, KMBL, KMB26, KMB29, and KMB30.Source:

Promoter Group Cancels Proposed Share Transfer at Ester Industries Ester Industries Limited announced the cancellation of a proposed transfer of shares between members of the promoter group. The decision, detailed in a filing, affects a planned gift of 124,858 equity shares representing 0.13% of the company's voting rights.Ayush Vardhan Singhania, a member of the promoter group, initially announced the proposed acquisition on March 18, 2026. This acquisition involved the transfer of the shares from Mr. Jai Vardhan Singhania, also a member of the promoter group and brother to Ayush Vardhan Singhania, via a gift. The cancellation is attributed to personal reasons.Ayush Vardhan Singhania confirmed that the cancellation does not...

Eleganz Interiors Limited Approves Convertible Warrants, Object Clause Addition, and Investment Eleganz Interiors Limited announced on March 24, 2026, that its Board of Directors approved the issuance of up to 800,000 convertible warrants to promoters on a preferential basis. The decision also included the approval to add to the main object clause of the company’s Memorandum of Association and an investment in securities of SAR Universal Infra Private Limited.The convertible warrants will be issued at a price to be determined as on a relevant date, with each warrant entitling the holder to subscribe to one equity share. Shareholder approval will be required for both the warrant issuance and the amendment to the Memorandum of...

ACC Limited Receives 'Care EDGE -ESG 1+' Rating for ESG Performance ACC Limited has been assigned an ESG rating of 'Care EDGE -ESG 1+' by CARE ESG Ratings Limited. This rating signifies a leadership position in managing ESG risk through best-in-class disclosures, policies, and performance. The rating was announced on March 24, 2026.Further details regarding the rating are available on the company’s website at www.acclimited.com.Source:

Aditya Birla Real Estate Limited Faces Demand for Stamp Duty and Registration Fees Aditya Birla Real Estate Limited has received an order from the Hon'ble Court of Revenue Board, Madhya Pradesh, Gwalior, demanding stamp duty and registration fees related to the valuation of land, plant, and machinery of business undertakings – the Century Yarn and Denim Units – transferred during fiscal year 2021-22. The order, received by the company’s advocate on March 23, 2026, dates back to March 16, 2026.The Court alleges a short payment of stamp duty and registration fees. The demand includes a short payment of U,76,54,368 in stamp duty and U,83,82,246 in registration fees for the land, totaling U,60,36,614, and a short payment of U,24,84,000 in...

Avenue Supermarts Limited Opens Two New Stores, Reaching 469 Locations Avenue Supermarts Limited announced the opening of two new retail stores on March 24, 2026. One store is located in Turkayamjal, Rangareddy, Telangana, and the other in MVP Colony, Visakhapatnam, Andhra Pradesh.Following these additions, Avenue Supermarts Limited now operates a total of 469 stores.The company's CIN is L51900MH2000PLC126473 and its registered address is Anjanaya Opp. Hiranandani Foundation School, Powal, Mumbai, Maharashtra, India - 400076.Source:

Addictive Learning Technology Limited Renews Agreement with National Skill Development Corporation Addictive Learning Technology Limited announced on March 24, 2026, that it has renewed its agreement with the National Skill Development Corporation (NSDC). The agreement extends the company’s status as an approved training partner of NSDC through June 7, 2028.The renewal agreement, executed on March 20, 2026, and received by the company on March 24, 2026, continues the relationship established by a previous agreement dated June 22, 2022.Key details of the agreement include:DetailInformationParties to the AgreementNational Skill Development Corporation (NSDC)Purpose of AgreementRenewal of Addictive Learning Technology...

BCPL Railway Infrastructure Ltd. Shares to Commence Trading on NSE BCPL Railway Infrastructure Ltd. announced that its securities will be listed for trading on the National Stock Exchange of India (NSE), effective March 27, 2026.The company's shares will be available for trading on the NSE platform under the following details:SymbolBCPLName of the CompanyBCPL Railway Infrastructure LimitedSeriesEQISININEOOSW01015Face ValueRs. 10/-Paid-up ValueRs. 10/-Security DescriptionEquity shares of Rs. 10/- each fully paid upNo. of securities16723638Distinctive number range1t0 16723638Market lot1Pari PassuYesLock in detailsNot ApplicableThe scrip code for BCPL Railway Infrastructure Ltd. is 542057.Source:

Welspun Corp Limited Transfers Stake in East Pipes Integrated Company Welspun Corp Limited announced the transfer of a 22.0% equity stake in East Pipes Integrated Company for Industry ('EPIC') from Welspun Mauritius Holdings Limited ('WMHL') to Welspun Pipes Inc ('WPI'), both wholly owned subsidiaries of the company. The transaction, valued at approximately SAR 979.90 million, was completed on March 24, 2026, on the Tadawul Stock Exchange.This intragroup transaction does not alter the ultimate ownership structure and is not expected to significantly impact Welspun Corp Limited's operations, financial standing, or profitability. Following the transfer, EPIC will transition from being an associate company of WMHL to an associate company...

IKS Health and Certilytics Expand Strategic Collaboration to Bridge the Payer-Provider Gap with Agentic AI Mumbai, India | DALLAS, TX (March 24, 2026) — IKS Health, a care enablement solutions provider, and Certilytics, Inc., an innovator in AI-driven healthcare intelligence, have expanded their strategic partnership to bridge the divide between payers and providers. The collaboration focuses on reducing administrative friction, enhancing member engagement, and delivering price transparency through a unified system of action.The expanded partnership integrates Certilytics’ BrainstormAI® Studio and CertHLM™ with IKS Health's Agentic Care Enablement Platform. This creates a system where AI agents manage complex tasks, such as prior...

Century Enka Limited Announces Leadership Change March 24, 2026 – Century Enka Limited announced today the resignation of Dr. Partheban Manoharan from his role as Head - CTS and Quality Assurance, and as a senior management personnel. Dr. Manoharan’s resignation was tendered on March 24, 2026, and his last day with the company will be July 7, 2026.The departure is attributed to personal reasons.ParticularsDetailsReason for changeDr. Partheban Manoharan’s resignation is due to personal reasons.Date of cessationMarch 24, 2026, with a final working day of July 7, 2026.Source:

CRISIL Limited Receives Re-assessment Order Regarding Income Tax Return for AY 2017-18 CRISIL Limited announced on March 24, 2026, that it received a re-assessment order from the Income Tax Authority concerning its income tax return for Assessment Year 2017-18. The order relates to the company's merged subsidiaries and financial year 2016-17.According to the Income Tax Authority, an initial re-assessment order was issued on March 23, 2026. While the Assessing Officer acknowledged that the income of the subsidiaries had already been merged with CRISIL Limited’s income and that taxes had been appropriately offered, an erroneous computation of tax resulted in an incorrect demand order. This involved unwarranted additions and a failure to...

JB Chemicals & Pharmaceuticals Limited Appoints New Directors and Managing Director JB Chemicals & Pharmaceuticals Limited announced that shareholders approved the appointment of several directors via postal ballot. The appointments include Mr. Aman Mehta as Managing Director and Mr. Amal Kelshikar, Mr. Hasmukh Patel, and Mr. Sudhir Menon as Non-Executive Non-Independent Directors.Mr. Aman Mehta was appointed as Managing Director for a period of 3 years, effective January 21, 2026. He is currently the Managing Director of Torrent Pharmaceuticals Limited and holds a Bachelor's degree in Economics from Boston University and an MBA from Columbia University.Mr. Amal Kelshikar, appointed on March 23, 2026, brings 32 years of experience...

India Glycols Limited Unsecured Creditors Approve Scheme of Arrangement India Glycols Limited announced that a meeting of its unsecured creditors convened on March 24, 2026, approved a scheme of arrangement among India Glycols Limited, Ennature Bio Pharma Limited, and IGL Spirits Limited. The meeting, held virtually to consider and approve the Scheme of Arrangement, was conducted in compliance with directions from the Hon'ble National Company Law Tribunal, Allahabad Bench, Prayagraj.A total of 27 unsecured creditors attended the meeting. The resolution was approved with 64,266,50,041 votes in favor, representing 100% of the votes polled. The total outstanding amount of unsecured creditors as of the cut-off date of November 15, 2025...

Indian Bank Successfully Raises Rs. 5000 Crore Through Long-Term Infrastructure Bonds Indian Bank announced the successful raising of Long-Term Infrastructure Bonds aggregating up to Rs. 5000 crore through a private placement. The bonds were issued through the BSE EBP platform.The details of the bond issuance are outlined below:Sl. No.ParticularsDetails1Issue Type7.15%, Senior, Rated, Listed, Unsecured, Redeemable, Long Term, Fully Paid-up, Non-Convertible Bonds in the nature of Debentures, Series III2ISININE562A081153Issue SizeRs.5000 crore4No. of Bonds5,00,000 Bonds of face value of Rs.1.00 lakh each5Issue opened on23.03.2026 on BSE EBP Platform6Issue closed on23.03.2026 on BSE EBP Platform7Date of...

Greenply Industries Limited Announces Departure of Marketing Vice President Greenply Industries Limited announced the resignation of Yatnesh Pandey, Vice President - Marketing and a member of the company’s senior management, effective March 24, 2026. Pandey’s departure is to pursue opportunities outside the organization.Pandey served in his role for 4.7 years. He expressed gratitude for the trust and support received during his tenure and highlighted the enriching professional and personal experience gained while working with the team to achieve company goals.The resignation was tendered on February 7, 2026, and Pandey will be relieved from his duties at the close of business hours on March 24, 2026.SI. No.ParticularsDetails...

NINtec Systems Limited Announces Promoter Group Director’s Share Acquisitions Nintec Systems Limited announced that Rachana Niraj Gemawat, a Promoter Group Director, acquired equity shares in the company on March 24, 2026. The transactions occurred on the BSE.According to a regulatory filing, Gemawat purchased a total of 256,171 equity shares, increasing her holding to 13.79% of the company’s outstanding shares. Subsequent purchases brought her holding to 256,3292 (13.80%) and 2564876 (13.81%), ultimately reaching 2567376 (13.82%) and 2568376 (13.83%). Further acquisitions increased her holdings to 2569376 (13.83%), 2570265 (13.84%), 2570417 (13.84%), 2571417 (13.84%), and 2572417 (13.84%). The total value of these acquisitions...