Markets

MTNL Enters into MoU with Government of Bihar for Property Transfer Mahanagar Telephone Nigam Limited (MTNL) has entered into a Memorandum of Understanding (MoU) with the Government of Bihar on March 24, 2026, to transfer the leasehold rights of seven residential properties located at the Asian Games Village Complex (Khelgaon), New Delhi.Under the terms of the agreement, MTNL will transfer the leasehold rights to the Government of Bihar at an agreed valuation of Rs 68.43 crore. The amount has been deposited by the Government of Bihar. The MoU will remain in effect for six months, or until the transfer of leasehold rights is complete, whichever occurs first. The validity can be extended through mutual written consent.The properties...

Gujarat Cotex Ltd. Announces Right Issue of Equity Shares Gujarat Cotex Ltd. announced on March 24, 2026, that its Board of Directors has approved a rights issue of equity shares. The decision was made at a meeting held on March 21, 2026.The rights issue will involve 8,54,64,000 fully paid-up equity shares, with a total value of Rs. 5. The offering price is set at Rs. 5 per share, which is at par with the face value of Rs. 5 per share.The rights entitlement ratio is 6 rights equity shares for every 1 equity share held as of the record date. Shareholders eligible to receive the rights entitlement will be determined as of Wednesday, April 1, 2026.Key dates for the rights issue are as follows:Issue Opening Date: April 10, 2026 Last...

Owais Metal & Mineral Processing Limited Clarifies Price Movement Owais Metal & Mineral Processing Limited (formerly Owais Metal 8 Mineral Processing Private Limited and Owais Ali Overseas Private Limited) confirmed on March 24, 2026, that the company is in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The clarification follows a communication from the National Stock Exchange of India Limited regarding a significant price movement.The company stated that there is no undisclosed price-sensitive information or impending corporate action requiring disclosure at this time. Saiyyed Owais Ali, Managing Director, with DIN 08291144, provided the assurance.The company’s registered office is...

Hindustan Oil Exploration Company Appoints New CFO, Reconstitutes Board Committees Hindustan Oil Exploration Company Limited announced several leadership changes and board committee reconstitutions on March 24, 2026.The company confirmed the resignation of Mr. N Sivalai Senthilnathan as Chief Financial Officer, effective March 28, 2026, citing personal reasons. Simultaneously, the Board appointed Mr. Allen Joseph Andrade as the new Chief Financial Officer, effective April 1, 2026.Mr. Andrade brings over 40 years of international experience in the Oil and Gas, banking, FMCG, and entertainment sectors. He is a Fellow Chartered Accountant (FCA), holding certifications from ACMA (UK) and AICPA (USA). Previously, he served as VP/CFO...

DIC India Limited Initiates Legal Action Against Star Plastics DIC India Limited announced today, March 24, 2026, that it has filed a commercial suit against Star Plastics before the District Courts in New Delhi. The action follows a previous dispute and settlement agreement reached in May 2025.Previously, DIC India Limited and Star Plastics were involved in mediation proceedings before the Delhi High Court Mediation and Conciliation Centre, with arbitration proceedings before the Indian Council of Arbitration being kept in abeyance. Following a settlement, Star Plastics agreed to pay INR 56,94,833 to DIC India Limited, after accounting for prior ad hoc payments of INR 10,00,000.While INR 2,50,000 has been received, Star Plastics...

Deep Industries Ltd. Receives NCLT Approval for Kandla Energy and Chemicals Merger Deep Industries Limited announced on March 24, 2026, that the Scheme of Amalgamation involving Kandla Energy and Chemicals Limited (KECL), a wholly-owned subsidiary, has been sanctioned by the National Company Law Tribunal (NCLT) Ahmedabad Bench. The order, dated March 23, 2026, was uploaded to the NCLT web portal on March 24, 2026.The merger is being processed under Sections 230 to 232 of the Companies Act, 2013, and applicable regulations. The NCLT order is available on the official website of NCLT and Deep Industries Limited’s website at www.deepindustries.com.This follows a prior disclosure made on June 30, 2025, regarding the proposed...

Indong Tea Company Limited Announces Sale of Shares by Promoter Kolkata – March 24, 2026 – Indong Tea Company Limited disclosed that Mr. Hariram Garg, a promoter of the company, has sold 16,000 equity shares through an open market transaction on March 20, 2026.The sale represents 0.08% of the company’s total share capital. Prior to the sale, Mr. Garg held 20,68,173 shares, representing 10.65% of the total share capital. Following the transaction, his holding decreased to 20,52,173 shares, which equates to 10.57% of the total share capital.Indong Tea Company Limited's total equity share capital stands at Rs. 19,42,10,480.DetailValueNumber of Shares Sold16,000Percentage of Total Share Capital0.08%Holding Before...

Radha Madhav Corporation Ltd. Closes Trading Window Ahead of Financial Results Radha Madhav Corporation Limited (RMCL) announced the closure of its trading window for designated employees, effective Wednesday, April 1, 2026. This measure is in anticipation of the release of the company's audited financial results for the quarter and year ending March 31, 2026.The trading window will reopen 48 hours after the financial results are publicly declared to the stock exchanges. Nitin Jain, Whole Time Director and CFO (DIN: 09833381), confirmed the closure on behalf of Radha Madhav Corporation Limited.Source:

Hindon Mercantile Limited Acquires Convertible Warrants in Mufin Green Finance Limited Hindon Mercantile Limited, along with Kapil Garg, Shelly Garg, Saurabh Garg, Pooja Garg, and Bima Pay Technology Private Limited, has acquired convertible warrants in Mufin Green Finance Limited on March 4, 2026. The acquisition was made through allotment of convertible warrants, which will ultimately be converted into equity shares.As of March 4, 2026, Hindon Mercantile Limited and its persons acting in concert held 9,37,35,653 shares representing 54.11% of the total share/voting capital and 54.11% of the total diluted share/voting capital of Mufin Green Finance Limited.The acquisition involved 76,53,061 convertible warrants, which represents...

Gulf Oil Lubricants India Limited Announces Trading Window Closure Gulf Oil Lubricants India Limited has announced the closure of its trading window, effective April 1, 2026. This action adheres to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s internal code of conduct regarding trading by designated individuals and their immediate relatives.The trading window will remain closed until 48 hours after the public announcement of the company's audited financial results for both standalone and consolidated entities, covering the fourth quarter and fiscal year ending March 31, 2026. During this period, designated individuals and their immediate relatives are prohibited from trading in the company's...

Bhagiradha Chemicals & Industries Ltd. Announces Trading Window Closure Bhagiradha Chemicals & Industries Limited announced it will close its trading window for equity shares starting April 1, 2026. The closure is in accordance with the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015.The trading window will remain closed until 48 hours after the release of the company’s audited financial results for the quarter and financial year ending March 31, 2026.The date for the Board of Directors' meeting to consider and approve the audited financial results will be announced later. Bhagiradha Chemicals & Industries Limited is headquartered in Hyderabad, Telangana. The company’s factory is...

Kriti Industries India Ltd. Announces Trading Window Closure Kriti Industries India Ltd. has announced the closure of its trading window for company shares, effective April 1, 2026. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and will remain in effect until 48 hours after the declaration of the company’s Audited Standalone & Consolidated Financial Results for the Quarter and Year ended March 31, 2026.The company is required to provide prior intimation to the National Securities Depository Limited (NSDL) at least two trading days prior to the commencement of the trading window closure through an online mechanism, as per SEBI circular No. SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 dated July...

Yuken India Ltd. Closes Trading Window Ahead of Financial Results Announcement Yuken India Ltd. announced the closure of its trading window for designated individuals, effective April 1, 2026. The closure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s internal code of conduct.The trading window will remain closed until 48 hours after the conclusion of a board meeting scheduled to consider and approve the audited financial results for the quarter and year ending March 31, 2026. The date of the board meeting will be communicated to the stock exchanges at a later time. Yuken India Ltd. manufactures oil hydraulic equipment in collaboration with Yuken Kogyo Co. Ltd., Japan. The company...

Tata Steel Partners with Hindustan Zinc to Integrate Low-Carbon Zinc Solution Tata Steel Limited has entered a partnership with Hindustan Zinc Limited to integrate ‘EcoZen’, a low-carbon zinc solution, into its galvanised steel manufacturing processes. The collaboration, announced March 24, 2026, aligns with Tata Steel’s sustainability goals and low-carbon steel-making ambitions.According to a statement, the partnership was entered into in the normal course of business. Tata Steel noted that it regularly engages in strategic, commercial, and operational partnerships to advance its business objectives and maintains robust processes to ensure compliance with disclosure obligations.The partnership follows a news item published March...

Adani Power Receives ESG Rating of 80 from CARE ESG Ratings Limited Adani Power Ltd. has been assigned an ESG score of 80 (Care EDGE - ESG 1+) by CARE ESG Ratings Limited (CareEdge-ESG), reflecting a relatively strong environmental and governance performance within the thermal power sector. The rating was announced on March 24, 2026. CARE ESG Ratings Limited assessed Adani Power’s performance according to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Source:

PNC Infratech Receives Rating Reaffirmation from CARE Ratings PNC Infratech Limited announced on March 24, 2026, that CARE Ratings Limited has reaffirmed its credit ratings for the company’s bank facilities.CARE Ratings reaffirmed a rating of CARE AA+; Stable for the company’s long-term bank facilities amounting to ₹1700.00 crore. Additionally, the short-term bank facilities received a reaffirmed rating of CARE A1+. The total facilities reaffirmed amount to ₹6700.00 crore.Here's a summary of the reaffirmed ratings:FacilitiesAmount (Rs. Crore)RatingRating ActionLong-Term Bank Facilities1700.00CARE AA+; StableReaffirmedShort-Term Bank Facilities500.00CARE A1+ReaffirmedTotal Facilities6700.00Source:

Banco Aluminium Private Limited Transfers Shares in Banco Products (India) Ltd. Banco Aluminium Private Limited transferred 29,000 equity shares with a face value of Rs. 2 each to Mr. Mehul Kanubhai Patel on March 23, 2026. This inter se transfer represents 0.02% of the paid-up capital of Banco Products (India) Limited.According to a filing, Banco Aluminium Private Limited acted as the seller, while Mr. Mehul Kanubhai Patel is the acquirer. Both entities are part of the promoter group.Following the transaction, Banco Aluminium Private Limited holds 11,63,660 shares, representing 0.81% of the total share/voting capital. Mr. Mehul Kanubhai Patel’s holding now stands at 7,95,20,396 shares, accounting for 55.59% of the total...

Wallfort Financial Services Ltd. Announces Trading Window Closure Wallfort Financial Services Ltd. announced the closure of its trading window for designated individuals, effective April 1, 2026. This action is in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company’s code of conduct for regulated trading.The trading window closure is intended to prevent insider trading while the company considers its audited financial results for the quarter and year ending March 31, 2026.The trading window is expected to reopen 48 hours after the audited financial results become publicly available.Ashok Bharadia, Chairman & Managing Director, confirmed the announcement...

Kaveri Seed Company Ltd. Announces Trading Window Closure Kaveri Seed Company Ltd. has announced the closure of its trading window for transactions in the company’s shares, effective from April 1, 2026. The closure is in accordance with the company’s code of conduct, which is framed in accordance with the SEBI (Prevention of Insider Trading) Regulations, 2015, as amended.The trading window will remain closed until 48 hours after the declaration of the company’s audited financial results for the year ended March 31, 2026.This restriction applies to the company’s promoters, directors, key managerial personnel, designated employees, and their relatives and connected persons.Source:

Isaac Enterprises LLP Acquires Shares in Digitide Solutions Ltd. Digitide Solutions Ltd. announced that Isaac Enterprises LLP has acquired 400,000 equity shares through open market trades on March 23, 2026. This transaction represents 0.27% of the company's paid-up capital.According to a filing, Isaac Enterprises LLP acts as the acquirer and Mr. Ajit Isaac acts as a person acting in concert (PAC). Both entities are part of the promoter group. The acquisition occurred on the BSE Limited and National Stock Exchange of India Limited.Prior to the acquisition, Isaac Enterprises LLP held 1,53,65,824 shares, representing 10.31% of the total share capital and 10.20% of the diluted share capital. Mr. Ajit Isaac, as PAC, held 1,78,96,832...