Markets

Veerhealth Care Ltd. Secures Significant Order Worth ₹5.50 Crores
Veerhealth Care Ltd. Secures Significant Order Worth ₹5.50 Crores Mumbai – March 20, 2026: Veerhealth Care Limited (BSE: VEERHEALTH), the parent company of Ayuveer, announced today the receipt of a substantial order valued at ₹5.50 crores from a leading Indian Fast-Moving Consumer Goods (FMCG) company. Ayuveer specializes in Ayurvedic medicines and oral care products, emphasizing natural ingredients, quality, and affordability.The order, for the supply of face care products, is expected to be fulfilled within 45 days. This represents approximately 76% of the company’s revenue from operations in the third quarter of fiscal year 2026, which totaled ₹7.26 crores. The order’s value also accounts for roughly 20% of the projected revenue...
Varroc Engineering Limited Provides Update on Outstanding Claim
Varroc Engineering Limited Provides Update on Outstanding Claim Varroc Engineering Limited announced an update on an outstanding claim filed by its step-down subsidiary, Varroc Electronics Romania S.R.L. ('VeR'), under a Supply Agreement with Opmobility Lighting Holding ('OP Mobility'), a Plastic Omnium Group Company. The claim relates to a dispute initiated by VeR against OP Mobility. The case is currently being heard by the Paris Court of Appeal.VeR initially filed a claim against OP Mobility before Paris Commercial Court, seeking a claim of Euro 76 million plus other costs. Subsequently, an appeal was filed by VeR against the judgement of Paris Commercial Court, maintaining the claim of Euro 76 million plus other costs. OP Mobility...
GeeCee Ventures Limited Completes Conversion of Adani Enterprises Shares
GeeCee Ventures Limited Completes Conversion of Adani Enterprises Shares GeeCee Ventures Limited announced on March 20, 2026, the completion of a conversion of partly paid-up equity shares to fully paid-up equity shares in Adani Enterprises Limited (AEL). The company had previously applied for 34,000 partly paid-up equity shares of AEL, receiving an allotment of 30,912 shares. GeeCee Ventures Limited had previously paid all calls associated with the allotment.The Right Issue Committee of AEL’s Board of Directors approved the conversion, which was communicated to the BSE and NSE on March 19, 2026.Adani Enterprises Limited, incorporated on March 2, 1993, reported a turnover of Rs. 26,708.97 Crores and a profit after tax from...
Deepak Builders & Engineers India Limited Receives GST Summons
Deepak Builders & Engineers India Limited Receives GST Summons Deepak Builders & Engineers India Limited announced it received a Goods and Services Tax (GST) summons via email on March 20, 2026, under Section 70 of the Central Goods and Services Tax Act, 2017. The company is scheduled to appear before a GST Officer on March 23, 2026. This follows previous correspondence dated December 4, 2025, and February 2, 2026, regarding search proceedings conducted by the Directorate General of Goods & Services Tax Intelligence (DGGI).The summons relate to an inquiry concerning the availment and utilization of ineligible Input Tax Credit (ITC) under the Central Goods and Services Tax Act, 2017.The company stated that the impact on its...
Devyani International Limited Invests in Thai Subsidiary and Secures Bank Financing
Devyani International Limited Invests in Thai Subsidiary and Secures Bank Financing Devyani International Limited announced a significant investment in its Thai subsidiary, Restaurants Development Co., Ltd. (RD), which operates 274 KFC restaurants in Thailand. The Investment and Borrowing Committee of the Board approved an investment of approximately THB 1,210 Mn (INR 3,473 Mn) in RD, through Devyani International DMCC (DID) and Yellow Palm Co., Ltd.The investment will be used to partially retire DID debt amounting to THB 810 Mn (INR 2,325 Mn) and fund RD’s working capital and capital expenditure requirements. The net investment by the Group is approximately THB 400 Mn (INR 1,148 Mn).DID will secure THB 400 Mn (INR 1,148 Mn) through...
Telogica Ltd. Appoints Company Secretary and Secretarial Auditors
Telogica Ltd. Appoints Company Secretary and Secretarial Auditors Telogica Limited announced the appointment of Mrs. Deesha Rohit Shroff as Company Secretary & Compliance Officer, and Ms. Priyanka Rajora as Secretarial Auditors. The appointments were made at a board meeting held on March 20, 2026.Mrs. Shroff, holding ICSI M. No: A38427, will also serve as a Key Managerial Personnel. She brings over a decade of experience in corporate secretarial practice, regulatory compliance, and corporate governance.Ms. Rajora, proprietor of M/s Rajora and Co, Practicing Company Secretaries, Hyderabad, will serve as Secretarial Auditors until the ensuing Annual General Meeting. Rajora & Co. specializes in corporate law matters and related...
Mysore Paper Mills Ltd. Reschedules Board Meeting
Mysore Paper Mills Ltd. Reschedules Board Meeting Mysore Paper Mills Ltd., a Government of Karnataka undertaking, has announced a change in the timing of its upcoming board meeting. Originally scheduled for March 25, 2026, at 3:00 p.m., the meeting will now commence at 12:30 p.m. on the same date.The agenda for the board meeting remains unchanged. Directors will convene to consider and approve the unaudited, provisional financial results for the quarter ended December 31, 2025, as per Clause 41 of the Listing Agreement.The meeting will be held at the company’s registered office located at # 32, 5th Floor, Karnataka State Co-operative Federation Ltd.'s Building, D. Devaraj Urs Road, Bengaluru - 560 001.Source:
Tamilnad Mercantile Bank Limited Announces Proposed Equity Share Transfer to IEPF Account
Tamilnad Mercantile Bank Limited Announces Proposed Equity Share Transfer to IEPF Account Tamilnad Mercantile Bank Limited announced on March 20, 2026, its intention to transfer equity shares to the Investor Education and Protection Fund (IEPF) Account, adhering to the IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016.The notice regarding this proposed transfer was published on March 20, 2026, in the English edition of 'Business Line' and the Tamil edition of 'The Hindu'.The bank's shares are listed on the National Stock Exchange of India Ltd. under Symbol: TMB and Scrip Code: 543596, and on the Bombay Stock Exchange limited.Source:
Carysil Limited Announces Board Decisions Including Asset Acquisition and Subsidiary Restructuring
Carysil Limited Announces Board Decisions Including Asset Acquisition and Subsidiary Restructuring Carysil Limited announced several key decisions following a board meeting held on March 20, 2026. The company approved the appointment of M/s BDO India LLP as the Internal Auditor and M/s S.S. Puranik & Associates as the Cost Auditor for the financial year 2026-27.The Board also approved an extension of the timeline for utilizing the balance capital expenditure funds from the Qualified Institutional Placement (QIP) from March 31, 2026, to March 31, 2027.Furthermore, the Board approved a restructuring plan involving the transfer of business, assets, and liabilities of Carysil Brassware Limited, a wholly owned step-down subsidiary in the...
Total Transport Systems Limited Receives Order from GST Authorities
Total Transport Systems Limited Receives Order from GST Authorities Mumbai – March 20, 2026 – Total Transport Systems Limited (SYMBOL: TOTAL) announced today that it has received an order from the Assistant Commissioner, Central Goods & Services Tax & Central Excise, Division- VIII, Mumbai East Commissionerate. The order, dated December 31, 2025, pertains to alleged non-compliance under the Goods and Services Tax (GST) laws for the period of April 2018 to March 2019.The company faces a demand aggregating to ₹63,85,350, which includes a tax amount of ₹31,92,675 and a penalty amount of ₹31,92,675. The order alleges violations related to ineligible input tax credit claims from non-compliant suppliers and excess input tax credit claims...
Torrent Power Acquires 100% Stake in Onix-One Enersol Private Limited
Torrent Power Acquires 100% Stake in Onix-One Enersol Private Limited Torrent Power Limited announced on March 20, 2026, that its wholly-owned subsidiary, Torrent Green Energy Private Limited (TGEPL), has acquired 100% of the equity share capital of Onix-One Enersol Private Limited. The acquisition involved the purchase of 10,000 equity shares at a face value of ₹ 10 each, for a total consideration of ₹ 1,00,000 from Nikhil Hareshbhai Savaliya and Divyeshkumar Mansukhlal Savaliya.Onix-One Enersol Private Limited, incorporated on July 31, 2023, recorded a turnover of ₹ 19.44 crore in fiscal year 2025 and ₹ 2.07 crore in fiscal year 2024. The entity operates in the electricity generation from renewable energy sector.According to...
Rashtriya Chemicals and Fertilizers Limited Receives Income Tax Demand Notice
Rashtriya Chemicals and Fertilizers Limited Receives Income Tax Demand Notice Rashtriya Chemicals and Fertilizers Limited (RCF), a Government of India undertaking, announced it has received a demand notice from the Income Tax Department totaling Rs. 4,36,49,106. The demand relates to disallowances and additions made during assessments for the assessment years 2020-2021, 2021-2022, and 2023-2024.According to a communication to the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited, the details of the demand are as follows:Sr.NoParticularsDetails (AY)Amount (Rs.)Details1Name of the AuthorityIncome Tax Department2Period Involved2020-2021 AY 2020-2021, AY 2021-2022, AY 2023-20243Nature and details of...
JK Paper Limited Allots Shares Following Composite Scheme of Arrangement
JK Paper Limited Allots Shares Following Composite Scheme of Arrangement JK Paper Limited announced today, March 20, 2026, the allotment of 10,91,64,27 equity shares with a face value of Rs. 10 each to eligible shareholders of Enviro Tech Ventures Limited (ETVL), as part of a composite scheme of arrangement.The allotment follows the recent effectiveness of the scheme, which involves the amalgamation of JKPL Utility Packaging Solutions Private Limited, Securipax Packaging Private Limited, Horizon Packs Private Limited, and Enviro Tech Ventures Limited with and into JK Paper Limited. The scheme also includes a reduction and conversion of Redeemable Preference Shares of Enviro Tech Ventures Limited into unsecured loans and the demerger...
Karur Vysya Bank Revises Base Rate and BPLR
Karur Vysya Bank Revises Base Rate and BPLR Karur Vysya Bank Limited announced revisions to its Base Rate and Benchmark Prime Lending Rate (BPLR), effective March 24, 2026. The changes, disclosed on March 20, 2026, are detailed in the table below:Nature of ROIExistingRevisedBase Rate10.70%10.50%BPLR15.70%15.50%The revision impacts the bank’s lending rates and follows a review of its lending policies. Srinivasarao M, Company Secretary & Deputy General Manager, communicated the changes.Source:
Torrent Power Acquires 100% of Onix-One Enersol Private Limited
Torrent Power Acquires 100% of Onix-One Enersol Private Limited Torrent Power Limited announced the acquisition of 100% of the equity shares of Onix-One Enersol Private Limited on March 20, 2026. Torrent Green Energy Private Limited, a wholly-owned subsidiary of Torrent Power, acquired 10,000 equity shares at a face value of ₹ 10 each for a total consideration of ₹ 1,00,000 from Nikhil Hareshbhai Savaliya and Divyeshkumar Mansukhlal Savaliya.The acquisition of Onix-One Enersol, which had a turnover of ₹ 19.44 crore in fiscal year 2025, will enable Torrent Power to support ongoing and upcoming client commitments, as connectivity has been secured and land has been identified. Onix was incorporated on July 31, 2023, and reported a...
Elixir Capital Subsidiary Involved in Settlement Scheme with SEBI
Elixir Capital Subsidiary Involved in Settlement Scheme with SEBI Mumbai, India – March 20, 2026 – Elixir Capital Ltd. announced that its subsidiary, Elixir Equities Private Limited, is involved in a Settlement Order passed by the Securities and Exchange Board of India (SEBI). The order, dated March 17, 2026, falls under the 'Settlement Scheme for Association with Certain Algo Platforms, 2025', which applies to 111 stock brokers.Elixir Equities Private Limited is required to pay a settlement amount of ₹1,00,000 under the scheme. The matter relates to alleged association with certain algo platforms and potential violations of SEBI circulars and the SEBI (Stock Brokers) Regulations, 1992.According to Elixir Capital Ltd., the...
Promoter Pledges Shares in Adishakti Loha and Ispat Ltd.
Promoter Pledges Shares in Adishakti Loha and Ispat Ltd. Afloat Enterprises Limited, formerly known as Adishakti Loha and Ispat Ltd., announced that Pawan Kumar Mittal, a promoter of the company, has pledged 141,252 equity shares. The disclosure was made on March 20, 2026, and references regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.Table: Details of Pledged SharesDetailValuePromoterPawan Kumar MittalShares Pledged141,252Date of PledgeMarch 14, 2026Source:
JK Paper Ltd. Allots Shares to Enviro Tech Ventures Limited Shareholders
JK Paper Ltd. Allots Shares to Enviro Tech Ventures Limited Shareholders JK Paper Limited announced on March 20, 2026, the allotment of 10,916,427 equity shares with a face value of Rs. 10 each to eligible shareholders of Enviro Tech Ventures Limited (ETVL). This allotment follows the approval of a composite scheme of arrangement involving JKPL Utility Packaging Solutions Private Limited, Securipax Packaging Private Limited, Horizon Packs Private Limited, Enviro Tech Ventures Limited, and JK Paper Limited.The share allotment is in accordance with the exchange ratio stipulated in the scheme. The newly allotted shares rank equally with existing equity shares of JK Paper Limited.As a result of this allotment, JK Paper Limited’s paid-up...
Pearl Global Industries Schedules Analyst/Investor Plant Visit
Pearl Global Industries Schedules Analyst/Investor Plant Visit Pearl Global Industries Limited announced a plant visit for analysts and investors scheduled for March 27, 2026. The visit will be held at the company’s Chennai Plant starting at 10:00 am.The meeting will be conducted as a physical group meeting and discussions are expected to be based on publicly available information. No unpublished price sensitive information is anticipated to be disclosed during the interactions.A schedule of the meeting is detailed below:Date &TimeNature of MeetingMode of MeetingPlace27 th March 2026 10:00 am onwardsAnalysts/Investors group plant visitPhysical - Group meetingChennai PlantThe company noted that changes to the schedule may...
Anand Rathi Financial Services Limited Pledges Shares for Margin Limits
Anand Rathi Financial Services Limited Pledges Shares for Margin Limits Anand Rathi Financial Services Limited (ARFSL) pledged shares on March 19, 2026, for availing margin limits, according to a filing dated March 20, 2026. The shares were pledged to Bajaj Financial Securities Limited.ARFSL, holding 19.92% of the total share capital of Anand Rathi Wealth Limited, pledged 13,00,000 shares, representing 1.57% of the target company’s share capital. Following the pledge, the holding of encumbered shares stands at 22,70,000, which is 2.73% of the total share capital.Other entities linked to Anand Rathi also hold shares in Anand Rathi Wealth Limited. These include Pradeep Kumar Gupta, holding 4.43% of the total share capital; Priti...
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