Markets

Sanginita Chemicals Limited to Acquire Agastya Green Energy Limited Sanginita Chemicals Limited announced on March 20, 2026, that its Board of Directors approved the issuance of equity shares to acquire Agastya Green Energy Limited (formerly BN Energy Limited). The acquisition will result in Agastya Green Energy Limited becoming a wholly-owned subsidiary of Sanginita Chemicals Limited.The Board approved the issuance of up to 1,52,87,356 equity shares with a face value of Rs. 10 each at an issue price of Rs. 13.05 per share, totaling Rs. 19,94,99,995.80, to be issued for consideration other than cash through a share swap arrangement. In exchange, Sanginita Chemicals Limited will acquire 95,00,000 shares of Agastya Green Energy Limited...

Neelkanth Ltd. Appoints Additional Director, Announces Resignation of Existing Board Member March 20, 2026 – Neelkanth Ltd. announced the appointment of Mr. Devidas Jayram Shejul as an additional director designated as an Independent Director, effective March 20, 2026. The appointment is subject to shareholder approval and for a term of five years. Mr. Shejul, DIN: 10868647, is a qualified lawyer and a member of the Bar Council of Maharashtra & Goa. He confirmed meeting the independence criteria outlined in the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015.Simultaneously, the company announced the resignation of Mr. Yogesh Jaintilal Thakkar from his position as Independent Director, effective March 20, 2026, due to...

Wipro Launches Wipro AI-DC Solution to Accelerate Enterprise-Scale AI Adoption BENGALURU, India – March 20, 2026 – Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a technology services and consulting company, announced the launch of its Wipro AI-Data Center (DC) solution. The solution is designed to accelerate enterprise-scale AI adoption and modernize data center environments while transforming customer experience operations.The Wipro AI-DC solution integrates NVIDIA's AI Enterprise within Wipro Intelligence™ to deliver a unified suite of AI-enabled solutions. This collaboration aims to move organizations beyond initial AI pilots to production-grade, enterprise-wide AI deployment."Customer experience transformation requires AI...

Eris Lifesciences Acquires Branded Probiotic Products from Velbiom Probiotics Eris Lifesciences Limited announced Friday, March 20, 2026, the execution of a Business Transfer Agreement (BTA) with Velbiom Probiotics Private Limited (VPPL) for the acquisition of its Branded Probiotic Products on a slump sale basis.Velbiom is a bio-therapeutics company focused on microbiome-based therapy and research. The acquired portfolio includes formulations of prebiotics and probiotics for metabolic health, gut wellness and women's health.The consideration for the acquisition is 50 crore Indian Rupees.According to financial data, the revenue of the acquired probiotics business over the past three years was:Financial YearRevenue (Rs. Crore)...

Sanguine Media Ltd. Reports Outcome of Independent Directors’ Meeting Chennai, Tamil Nadu, March 20, 2026 – Sanguine Media Ltd. announced today the outcome of a meeting of its Independent Directors held on Friday, March 20, 2026. The meeting, which commenced at 3:00 P.M. and concluded at 3:30 P.M., addressed several key areas of corporate governance.During the meeting, the Independent Directors reviewed the performance of non-independent directors and the board of directors as a whole. They also assessed the performance of the chairperson, considering the perspectives of executive and non-executive directors. Additionally, the quality, quantity, and timeliness of information flow between the company’s management and the board of...

Gujarat Alkalies and Chemicals Limited Announces Promoter Share Purchase Gujarat Alkalies and Chemicals Limited (GACL) announced that Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), a promoter of the company, acquired 2,70,500 equity shares on March 19, 2026. The total value of the transaction amounted to ₹12,88,13,845.47.GNFC has committed to holding the acquired equity shares for a minimum period of six months and has agreed to preserve relevant documents for three years as per regulatory requirements. The company’s compliance officer may be contacted for approval in case of any need to sell these shares prior to the end of the holding period.GNFC declared that the transaction adhered to the company’s code and...

Rane (Madras) Limited Announces Changes in Senior Management Personnel Rane (Madras) Limited announced changes to its Senior Management Personnel (SMP) effective June 1, 2026, following a board meeting held on March 20, 2026.Mrs. Gowri Kailasam, currently CEO of the Steering and Linkage Division (SLD) and Light Metal Castings Division (LMCD), will transition into a new role as Executive Director, leading the Engine Components Division (ECD), Aftermarket Products Division (APD), and the Steering and Gears Division (SGD) of ZF Rane Automotive India Private Limited, a joint venture company within the Rane Group. She will continue as a SMP and report to the Chairman and Managing Director.Mr. Aditya Ganesh, currently President of the...

Rane (Madras) Ltd. Announces Changes in Key Managerial Personnel Rane (Madras) Ltd. announced changes to its Key Managerial Personnel (KMP) effective June 1, 2026, following a board meeting held on March 20, 2026.Ms. S Subha Shree will transition from her role as Company Secretary and Compliance Officer due to a reassignment of responsibilities within the group company. Her tenure in the role will conclude at the close of business hours on May 31, 2026.Mr. Venkatraman has been appointed as Company Secretary and Compliance Officer, effective June 1, 2026. Mr. Venkatraman is an Associate Member of ICSI with over 18 years of experience in secretarial and compliance roles. He previously served as Company Secretary and Compliance Officer...

CARE Ratings Schedules Meetings with OysterRock Capital CARE Ratings Ltd. announced a meeting with OysterRock Capital scheduled for March 25, 2026, at 3:30 PM. The meeting will be held in person. Discussions will be based on publicly available information.The company has placed an investor presentation on its website, accessible at https://www.careratings.com/Uploads/newsfiles/FinancialReports/1770815836\_CARE\_Ratings\_Limited\_Investor\_Presentation\_Q3FY26\_Final1.pdf.The schedule is subject to change due to unforeseen circumstances. Manoj Kumar CV, Company Secretary & Compliance Officer, made the announcement.Source:

Rane (Madras) Limited Announces Changes in Key Managerial Personnel Rane (Madras) Limited announced changes to its Key Managerial Personnel (KMP) effective June 1, 2026, following a board meeting held on March 20, 2026.Ms. S Subha Shree will transition from her role as Company Secretary and Compliance Officer due to a reassignment of responsibilities within the group company, effective May 31, 2026. Mr. Venkatraman has been appointed as Company Secretary and Compliance Officer, effective June 1, 2026.Mr. Venkatraman is an Associate Member of ICSI with over 18 years of professional experience in secretarial and compliance. He was previously Company Secretary and Compliance Officer of Rane Brake Lining Limited.The board meeting...

Railtel Corporation Secures Order Worth Rs. 1,59,80,86,415 from Prasar Bharti Railtel Corporation of India Limited announced it has received a Letter of Intent (LoI) from Prasar Bharti (Broadcasting Corporation of India) Director General, Doordashan. The order involves the System Integration and Services for a Cloud-Based Integrated News Room for Doordarshan News, DD India, and Regional News Units of Doordarshan.The domestic order is valued at an estimated Rs. 1,59,80,86,415 (including tax), and is to be executed by March 18, 2029.According to the LoI received on March 19, 2026, at 16:34:00, no promoter, promoter group, or group companies have an interest in Prasar Bharti. The order does not fall under related party transactions...

Railtel Corporation Secures Order Worth Rs. 24.54 Crore from East Coast Railway Railtel Corporation of India Limited announced it has received a Letter of Acceptance (LoA) from East Coast Railway for outsourcing manpower to strengthen S&T maintenance activities in the Khurda Road Division. The contract spans a period of two years.The estimated size of the order is Rs. 24,53,62,894, including tax. The order, received on March 19, 2026, is slated for execution by March 18, 2028.The order does not involve any related party transactions.DetailInformationAwarding EntityEast Coast RailwayContract ScopeOutsourcing of manpower for S&T maintenanceContract Duration2 yearsOrder TypeLetter of AcceptanceOrder Value (INR)Rs...

Infosys and Formula E Launch AI-Powered Race Centre, Taking Fan Experience to Pole Position Bengaluru, India – March 20, 2026: Infosys and Formula E, the world's first all-electric FIA World Championship, announced the launch of a new AI-powered Race Centre. Powered by Infosys Topaz, the Race Centre aims to enhance fan engagement by delivering real-time insights and an immersive race-day experience.The platform displays AI commentary, interactive gamified features, static explainer videos, weather tracking, race control updates, PIT BOOST & ATTACK MODE tracking, and in-sync storytelling. It blends race feeds with AI-driven content to enhance understanding of racing action.Key features of the Race Centre Include:Generative AI...

Vibhor Steel Tubes Director Acquires Shares in Open Market Transaction Vibhor Steel Tubes Limited announced that Pratima Sandhir, Whole Time Director and a member of the Promoter Group, acquired 1,999 equity shares through an open market transaction on March 19, 2026. The acquisition constitutes 0.01% of the company's total paid-up capital.According to a filing, Sandhir’s holding of shares carrying voting rights has increased to 367,315, representing 1.94% of the total share capital. The shares were acquired on the National Stock Exchange (NSE) at a price of Rs. 113.9575 per share.Vibhor Steel Tubes Limited has an equity share capital of Rs. 18,96,24,430, divided into 1,89,62,443 equity shares of Rs. 10 each.DetailValueNumber...

Kotak Mahindra Mutual Fund Acquires Stake in Home First Finance Company India Ltd. Kotak Mahindra Mutual Fund (KMMF) has acquired equity shares in Home First Finance Company India Ltd., exceeding a 5.00% stake in the company, according to a filing. The acquisition was made through KMMF schemes via open market transactions.Prior to the acquisition, KMMF and its persons acting in concert held 5,145,460 shares, representing 4.9359% of the total share and voting capital, and 4.9359% of the total diluted share and voting capital.The acquisition included 200,003 shares, representing 0.1919% of the total share and voting capital, and 0.1919% of the total diluted share and voting capital.Following the acquisition, KMMF and its persons...

Kamdhenu Ventures Limited Allots Warrants to Promoter Group Kamdhenu Ventures Limited announced the allotment of 2,96,45,000 warrants convertible into equity shares to the Promoter Group allottee, Kamdhenu Limited, on March 20, 2026.The Preferential Issue Committee of the Board of Directors approved the allotment, which follows approval from shareholders at an Extraordinary General Meeting held on March 13, 2026, and in-principle approval from the National Stock Exchange of India Limited and BSE Limited on March 16, 2026. The company received Rs. 5,03,96,500, representing 25% of the total amount payable for the warrants.The warrants have a face value of Re. 1 per equity share and an issue price of Rs. 6.80 each (including a premium...

DCW Ltd. Withholds Dividend for Physical Shareholders Due to Unsubmitted KYC Details DCW Limited announced on March 20, 2026, that it is withholding dividend payments for shareholders holding shares in physical form who have not updated their Know Your Customer (KYC) details. This action is in compliance with SEBI Master Circular dated May 7, 2024, read with SEBI Circular SEBI/HO/MIRSD/POD-1/P/CIR/2024/81 dated June 10, 2024, and SEBI Master Circular HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated February 6, 2026.The Board of Directors approved an Interim Dividend of Rs. 0.10 per equity share of face value Rs. 2 each for the financial year 2025-26, with February 20, 2026, serving as the record date. Shareholders can access the necessary...

Natural Biocon (India) Ltd. Holds Meeting of Independent Directors Natural Biocon (India) Ltd. announced on March 20, 2026, that a separate meeting of its Independent Directors was held on Friday, March 20, 2026, at the company's registered office.During the meeting, which commenced at 2:00 P.M. and concluded at 3:15 P.M., the Independent Directors reviewed the performance of non-independent directors and the board of directors as a whole. They also assessed the performance of the chairperson, considering the views of executive and non-executive directors. Furthermore, the quality, quantity, and timeliness of information flow between the company's management and the board of directors were evaluated to ensure the board's ability to...

Kamdhenu Ventures Ltd. Allots Warrants to Promoter Group Kamdhenu Ventures Limited announced the allotment of 2,96,45,000 warrants convertible into equity shares to Kamdhenu Limited, a promoter group entity. The allotment occurred on March 20, 2026, following approval from shareholders at an Extraordinary General Meeting held on March 13, 2026, and an in-principle approval from the National Stock Exchange of India Limited and BSE Limited on March 16, 2026.The total consideration for the allotment is Rs. 5,03,96,500, representing 25% of the total amount payable for the warrants. Each warrant has a face value of Re. 1 and carries a premium of Rs. 5.80, with an issue price of Rs. 6.80 per warrant. The warrants are electronically issued...

Glottis Ltd. to Incorporate Wholly Owned Subsidiary in Malaysia Glottis Ltd. announced on March 20, 2026, that it will incorporate a wholly-owned subsidiary in Malaysia. The Board of Directors approved the incorporation and investment in the subsidiary on March 19, 2026.A meeting of the Board of Directors commenced at 4:25 P.M. and concluded at 5:10 P.M.The proposed name of the entities is yet to be finalized. The subsidiary will operate within the freight forwarding industry. Glottis Ltd. intends to invest up to USD $5,000 in one or more tranches. The subsidiary will be 100% owned by Glottis Ltd.The incorporation of the subsidiary is intended to expand the company's business. As a wholly-owned subsidiary, it will be considered a...