Markets

Paul Excursions LLP Acquires 9.96% Stake in Paul Merchants Limited Paul Excursions LLP has acquired 307,065 equity shares, representing 9.96% of the total share capital, of Paul Merchants Limited. The acquisition occurred on March 18, 2026, and involved a transfer of shares from Paul Excursions Private Limited (PEPL) following a succession on conversion of PEPL into Paul Excursions LLP.This transaction is exempt from an open offer requirement under Regulation 10(1Xg) of the SEBI (Substantial Acquisition and Takeover) Regulations, 2011. No prior disclosure under Regulation 10(5) was required.Prior to the acquisition, Paul Excursions Private Limited held 3,07,065 shares, representing 9.96% of Paul Merchants Limited. Following the...

Rahul Timbadia Acquires 17,000 Shares in La Tim Metal & Industries Ltd. Rahul Maganlal Timbadia, a promoter of La Tim Metal & Industries Limited, has acquired 17,000 equity shares of the company on March 20, 2026, according to a regulatory filing. The acquisition was made through open market transactions.Prior to the acquisition, Timbadia held 1,17,13,550 shares, representing 8.84% of the company's total share/voting capital and 8.84% of its total diluted share/voting capital. Following the purchase, Timbadia’s holding increased to 1,17,30,550 shares, representing 8.86% of the total share/voting capital.La Tim Metal & Industries Limited has a share capital of 13,06,30,626 equity shares of Rs. 1/- each and 18,40,824 equity shares of...

Godavari Drugs Ltd. Promoter Acquires Convertible Warrants Godavari Drugs Limited announced that Promoter Jeshir Jaju acquired 200,000 convertible warrants through a preferential issue on March 18, 2026.According to a regulatory filing, Jaju’s acquisition occurred via preferential allotment. Prior to the acquisition, Jaju’s holding included 200,000 convertible warrants. Following the acquisition, the holding remains at 200,000.The company's total share capital before the acquisition was Rs. 75,305,000 divided into 75,30,500 equity shares of Rs. 10 each. Following the acquisition, the equity share capital stands at Rs. 10,12,74,350 divided into 1,01,27,430 equity shares of Rs. 10 each. The total diluted share/voting capital after the...

Godavari Drugs Ltd. Promoter Acquires Convertible Warrants Godavari Drugs Limited announced that Aksheit Kakani, a Promoter of the Company, has acquired 150,000 Convertible Warrants through a preferential issue on March 18, 2026.According to a filing, prior to the acquisition, Kakani held 326,000 shares representing 4.33% of the company’s total share capital. After acquiring the warrants, Kakani’s total holdings now include 476,000 warrants, representing 3.22% of the company’s share capital.The preferential allotment involved 150,000 warrants, valued at Rs. 7,53,05,000 divided into 75,30,500 fully paid-up equity shares of Rs. 10 each.The company's equity share capital prior to the acquisition was Rs. 10,12,74,350, divided into...

Jayshreeben Ajitbhai Mehta Sells Shares in AvenuesAI Limited Amijyot, Parimal Society, Ellisbridge, Ahmedabad – Jayshreeben Ajitbhai Mehta, a promoter of AvenuesAI Limited, sold 6,02,29,500 (1.72%) equity shares of the company on March 18, 2026, through an off-market inter se transfer. Mr. Ajit Champaklal Mehta, also a promoter, participated in the sale. Infinium Motors Private Limited acquired the shares.Prior to the sale, Ms. Mehta and Mr. Mehta held 95,40,10,982 equity shares, representing 27.29% of the total share/voting capital and 26.95% of the total diluted share/voting capital. Following the sale, their holdings remain at 95,40,10,982 equity shares, maintaining the same percentages.Infinium Motors Private Limited held...

Bandhan Bank Holds Meetings with Institutional Investors Bandhan Bank Limited hosted a series of meetings with analysts and institutional investors on Friday, March 20, 2026. The meetings were held virtually.The bank engaged with several investment firms, including Carnelian Asset Management & Advisors Pvt Ltd, HDFC Asset Management Company Ltd, ICICI Pru Life Insurance, Mahindra Manulife Investment Management Pvt. Ltd., Nippon Indian Mutual Fund Ltd, Premji Investments, SBI Mutual Fund, Tata Asset Management Pvt Ltd, and White Oak Capital.Below is a table summarizing the details of the meetings:Event NameMeeting with InvestorsDateFriday, March 20, 2026PlaceVirtualInstitution NameCarnelian Asset Management & Advisors...

Metropolis Healthcare Schedules Analyst and Institutional Investor Meeting Metropolis Healthcare Ltd. announced a meeting with Kotak Securities scheduled for March 25, 2026. The meeting, commencing at 3:00 p.m. (IST), will be a group interaction. Discussions during the meeting will be limited to publicly available information, and no unpublished price sensitive information is expected to be disclosed. The company noted that the schedule is subject to change due to unforeseen circumstances.Source:

ITI Ltd. Extends Additional Charge for Director (Finance) ITI Ltd. announced that Ramana Babu CV, currently Director (Marketing), will continue to hold the additional charge of Director (Finance) for another six months. The extension follows an order from the Ministry of Communications, Government of India, dated March 20, 2026.The Appointments Committee of the Cabinet (ACC) approved the extension, which is effective April 15, 2026, or until a permanent Director (Finance) is appointed, whichever occurs first. This decision builds upon a previous order from October 14, 2025, which initially assigned Ramana Babu CV the additional charge for a six-month period, beginning October 15, 2025.Source:

Prithvi Exchange (India) Ltd. Launches Direct-to-Customer Online Forex Portal Prithvi Exchange (India) Ltd. announced the launch of a Direct-to-Customer (D2C) Online Forex Portal, expanding its digital services and reinforcing its commitment to technology-enabled foreign exchange solutions. The new platform complements the company’s existing Forex on WhatsApp initiative and aligns with its “BrickClick” strategy.The online portal allows customers to book and manage foreign exchange requirements through a secure digital interface, while still leveraging Prithvi Exchange's nationwide branch network. The platform is designed to offer a streamlined self-service experience, enabling customers to place orders, manage transactions, access...

Mukund Kakani Acquires Convertible Warrants in Godavari Drugs Ltd. Godavari Drugs Limited announced that Mukund Kakani, a promoter of the company, has acquired 4,69,000 convertible warrants through a preferential issue on March 18, 2026.According to a regulatory filing, Kakani’s acquisition was made by way of preferential allotment. The total share capital of Godavari Drugs Limited stands at Rs. 7,53,05,000, divided into 75,30,500 fully paid-up equity shares of Rs. 10 each. Following the acquisition, the equity share capital of the company is Rs. 10,12,74,350, comprised of 1,01,27,430 equity shares of Rs. 10 each. The total diluted share/voting capital of the company now stands at Rs. 12,48,75,000, divided into 1,24,87,500 fully...

Photon Capital Advisors Ltd. Allots Shares and Warrants in Preferential Allotment Photon Capital Advisors Limited announced on March 20, 2026, that its board of directors approved the allotment of equity shares and warrants through a preferential allotment.The company approved the allotment of 12,07,000 equity shares with a face value of Rs. 10 each at an issue price of Rs. 115 per share, resulting in a total amount of Rs. 13,88,05,000. Additionally, the board approved the allotment of 19,90,000 convertible warrants with an issue price of Rs. 115, which, upon receipt of a minimum application amount of Rs. 5,72,12,500, was completed. Convertible warrants can be converted into one fully paid equity share of Rs.10/- each any time after...

Marg Techno Projects Limited Approves Capital Increase, Fund Raising, and CFO Appointments Marg Techno Projects Limited announced on March 20, 2026, that its Board of Directors approved an increase in the company’s authorized capital from Rs. 30,00,00,000 divided into 3,00,00,000 equity shares of Rs. 10 each to Rs. 45,00,00,000 divided into 4,50,00,000 equity shares of Rs. 10 each.The Board also approved the raising of funds through the issuance and allotment of equity shares with a face value of Rs. 10 each, up to an aggregate amount of Rs. 65,00,00,000 through a rights issue to eligible equity shareholders. A record date will be notified subsequently.In personnel matters, the Board appointed Mr. Arun Madhavan Nair as Chief...

Shalibhadra Finance Limited Announces Acquisition of Shares Shalibhadra Finance Limited announced an acquisition of shares on March 20, 2026, as disclosed to the Bombay Stock Exchange. Ayushi Doshi, acting as the acquirer and Person Acting in Concert (PAC), is part of the promoter group.The acquisition involved the purchase of shares through open market transactions. Prior to the acquisition, Ayushi Doshi held 5,50,000 shares representing 1.78% of the total share/voting capital and 1.78% of the total diluted share/voting capital of Shalibhadra Finance Limited. Following the acquisition, the holding increased to 5,59,100 shares, representing 1.81% of the total share/voting capital and 1.81% of the total diluted share/voting capital...

IDBI Bank Limited Receives Penalty of Rs. 5.50 Crore from Income Tax Department Mumbai – March 20, 2026 – IDBI Bank Limited announced today that it has received a penalty of Rs. 5.50 crore from the Assessment Unit of the Income Tax Department. The penalty relates to matters concerning the financial year 2020-21 and involves an order under section 270A of the Income Tax Act, 1961.The bank reported receiving the communication from the Income Tax Department on March 20, 2026. The penalty stems from additions sustained by the Assessing Officer during the course of a set aside assessment for the financial year 2020-21.IDBI Bank is currently evaluating legal options, including the possibility of an appeal, according to applicable law. The...

Nagarjuna Agri-Tech Ltd. Completes Acquisition of Allenby Food & Beverages, Appoints CEO Nagarjuna Agri-Tech Limited announced the completion of its acquisition of Allenby Food & Beverages Private Limited on March 20, 2026. The acquisition involved the allotment of 2,12,86,020 equity shares of Nagarjuna Agri-Tech Ltd., each with a face value of Rs. 10, at an issue price of Rs. 68 per share on a preferential basis.As per the Share SWAP Agreement, 14,19,068 equity shares of Allenby Food & Beverages Private Limited were transferred from 31 investors to Nagarjuna Agri-Tech Limited in a 15:1 ratio. This transfer resulted in Allenby Food & Beverages Private Limited becoming a 100% subsidiary of Nagarjuna Agri-Tech Limited.The total...

RDB Real Estate Constructions Limited Awarded Contract for Iconic Wellness Center Project RDB Real Estate Constructions Limited announced today, March 20, 2026, that it has been awarded a contract by the Nava Raipur Atal Nagar Vikas Pradhikaran for the development of an Iconic Wellness Center Project in Sector 39, Nava Raipur Atal Nagar. The project encompasses an area of approximately 21.6127 acres (87,463.3123 sq.mt).The award follows RDB Real Estate Constructions Limited's successful bid for the project, which involved a Land Premium of INR 3330.00 per sq. mt, totaling INR 29,12,52,830. The tender was initially issued on October 24, 2025, with a System Tender No.: 178127.According to the Notice of Award, RDB Real Estate...

HFCL to Consider Preferential Issue of Warrants to Promoters HFCL Limited announced that a board meeting is scheduled for Wednesday, March 25, 2026, to evaluate a proposal for fundraising through the issuance of warrants convertible into equity shares on a preferential basis to the company's promoters and promoter group entities. The move is subject to shareholder approval and necessary regulatory clearances.In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for company securities for designated individuals, including immediate relatives and other insiders, will be closed from March 21, 2026, and will reopen on March 30, 2026.Source:

Crompton Greaves Consumer Electricals Launches Energion Elevate Crompton Greaves Consumer Electricals Limited announced the launch of a new product, Energion Elevate, on March 20, 2026. The product falls under the Energion (BLDC) category and is targeted towards the domestic market.The company stated that the launch of Energion Elevate does not meet the threshold for materiality but is being disclosed as part of its commitment to good corporate governance practices.Table: Product Launch DetailsSl. No.Name of ProductLaunch DateProduct CategoryMarket1Energion Elevate20-03-2026Energion (BLDC)DomesticSource:

ACS Technologies Ltd. Secures Enhanced Credit Facility from HDFC Bank ACS Technologies Ltd. announced that its Board of Directors has approved an enhancement of credit facilities from HDFC Bank Limited. The approved enhancement amounts to Rs. 13,00,00,000, increasing the total credit facilities to Rs. 44,50,00,000.This approval follows the deactivation of an adhoc cash credit of Rs. 3,00,000 and a term loan of Rs. 5,00,000. The company previously held a credit facility of Rs. 39,50,00,000 with HDFC Bank Limited.The Board meeting commenced at 5:45 PM and concluded at 6:15 PM.Source:

Sula Vineyards Receives Central Government Approval for Managing Director Re-appointment Sula Vineyards Limited announced today, March 20, 2026, that it has received approval from the Central Government for the re-appointment of Rajeev Samant as Managing Director and Chief Executive Officer. The approval is under Section 196 read with Schedule V of the Companies Act, 2013.Samant’s re-appointment is for a period of three years, effective April 1, 2026, through March 31, 2029. The decision was initially approved by the company’s board on November 10, 2025, and subsequently ratified by shareholders via postal ballot on December 12, 2025, pending Central Government approval. Samant’s DIN is 00020675.Source: