Markets

Ahluwalia Contracts (India) Ltd. Secures Airport Development Project Worth Rs. 393.04 Crores Ahluwalia Contracts (India) Limited has been awarded a project by the Airport Authority of India (AAI) for the development of a new greenfield airport in Bundi, Kota, Rajasthan. The project, valued at Rs. 393.04 Crores (excluding GST), involves building construction and is expected to be completed within 18 months.The contract was awarded by a domestic entity, and neither the promoter group nor group companies have any interest in the awarding entity. The project does not constitute a related party transaction.DetailDescriptionAwarding EntityAirport Authority of India (AAI)Project DescriptionDevelopment of New Greenfield Airport...

Zydus Lifesciences and Torrent Pharma to Co-Market Semaglutide Injection in India Ahmedabad, March 18, 2026 – Zydus Lifesciences Limited and Torrent Pharmaceuticals Limited have entered into a licensing and supply agreement to co-market Semaglutide Injection in the Indian market.Under the agreement, Zydus will manufacture and supply the product, while Torrent Pharma has secured semi-exclusive rights to co-market the product in India under its brand name SEMBOLIC TM. Zydus will market the product under its brands SEMAGLYN TM, MASHEMA TM, and ALTERME TM. Torrent Pharma will pay an upfront licensing fee to Zydus.Zydus has developed an innovative formulation of Semaglutide Injection (15 mg/3 ml) in a prefilled cartridge administered...

IOL Chemicals and Pharmaceuticals Receives Disclosure Regarding Promoter Group Entity’s Share Acquisition IOL Chemicals and Pharmaceuticals Limited (IOLCP) announced on March 18, 2026, that it received a disclosure from NCVI Enterprises Limited, a Promoter Group entity, regarding a change in shareholding under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.According to the disclosure, NCVI Enterprises Limited acquired 700,000 equity shares of IOL Chemicals and Pharmaceuticals Limited on March 16, 2026, for a value of 4,82,20,990. This acquisition was made on the market.Following the acquisition, NCVI Enterprises Limited's total holdings in the company increased to 4,75,50,695 equity shares...

Apar Industries Limited Approves Additional Investment in Subsidiary and Associate Company March 18, 2026 – Apar Industries Limited announced that its Board of Directors approved several transactions at a meeting held today, March 18, 2026.The board authorized an additional investment of up to USD 5 million in its wholly-owned subsidiary, APAR USA LLC (formerly CEMA Wires & Cables LLC), based in the USA. APAR USA LLC reported nil turnover for FY 2024-25.Additionally, the board approved a proposed Shareholders' Agreement and Energy Supply Agreement, along with other relevant agreements, for availing wind and solar hybrid power generation facilities. This initiative involves an investment of up to Rs. 10.76 crores in the company’s...

Bajaj Consumer Care Limited Announces Resignation of Head-Internal Audit March 18, 2026 – Bajaj Consumer Care Limited announced the resignation of Harshit Shah, Head-Internal Audit, effective March 31, 2026. The company has accepted Shah’s resignation.Shah is leaving to pursue a new career opportunity. He expressed gratitude for the opportunities, confidence, and support received during his tenure and committed to ensuring a smooth handover.The following details regarding the change are provided in accordance with regulatory requirements:ParticularsDescriptionReason for changeResignation from the position of Head-Internal Audit to pursue opportunities outside the organization.Date of CessationMarch 31, 2026Brief...

Raj Television Network Ltd Announces Inter-se Transfer of Shares Raj Television Network Limited announced on March 18, 2026, an inter-se transfer of shares amongst the promoter group. M Ravindran acquired 14,00,000 equity shares, representing 2.6968%, held by R Vijayalakshmi.The transaction falls under the general exemption provided by Regulation 10(1)(a)(i) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. According to the company, the aggregate holding of the promoter and promoter group remains unchanged as a result of this transfer.Shareholding DetailsThe shareholding details prior to and following the transaction are presented below:ShareholderBefore...

Standard Capital Markets Limited Announces Additional ₹ 100 Crore Fund Infusion by Promoter Group New Delhi, March 18, 2026 – Standard Capital Markets Limited (SCML), a Non-Banking Financial Company (NBFC), announced a further infusion of ₹ 100 Crore by its Promoter Group. This follows a previous infusion of ₹ 195 Crore disclosed on December 2, 2025.With this latest infusion, the total financial support from the Promoter Group now stands at ₹ 295 Crore.The additional capital is intended to strengthen SCML's balance sheet, enhance liquidity, and position the Company to capitalize on emerging growth opportunities within the financial services sector, which is witnessing evolving opportunities and increasing demand for structured...

BEML Limited Secures First Overseas Metro Rolling Stock Order BEML Limited has received a Letter of Intent for the Design, Manufacture, Supply, Testing, and Commissioning of Standard Gauge Metro Rolling Stock for a region in Africa. This marks the company’s first overseas order for metro rolling stock.The order, valued at approximately USD 60 million, involves the supply of stainless-steel standard gauge metro rolling stock.Source:

Maruti Infrastructure Limited Announces Demise of Independent Director, Explains Disclosure Delay Maruti Infrastructure Limited reported the passing of Independent Director Shrikant N. Jhaveri on Sunday, March 15, 2026. The company conveyed its condolences to Jhaveri’s family and acknowledged the benefit of his advice to the board during his tenure.The company explained a delay in the disclosure of Jhaveri’s passing. Maruti Infrastructure Limited stated the delay was inadvertent and resulted from the company not being immediately aware of his demise within the required timeframe. The information was subsequently conveyed, leading to the disclosure to the exchange at the earliest opportunity.The company affirmed there was no...

Simplex Castings Ltd. Secures ₹13.02 Crore Order from ThyssenKrupp Group Bhilai, 18th March 2026: Simplex Castings Limited (BSE: 513472), a leading Indian precision metallurgy company, announced today the receipt of a ₹13.02 crore order from Thyssenkrupp Group, a global leader in coke plant technologies and engineering solutions.The order includes supply of 80 sets of Zero-Leakage Coke Oven Doors and High-Grade Pusher Side Doors, along with 10 sets of mechanical plungers and helical springs for pusher side doors.Simplex Castings' doors are designed to deliver zero leakage, featuring a high sealing performance 8-10 times superior to conventional designs, extended lifespan, and easy maintenance. The technology was developed in...

DCB Bank Limited Allots Equity Shares Under ESOPs DCB Bank Limited announced today, March 18, 2026, the issuance and allotment of 88,310 equity shares to its employees through the terms of its Employee Stock Option Plan (ESOP). Each share carries a face value of Rs. 10.The allotment has increased the Bank’s issued and paid-up share capital from 321,813,467 equity shares of Rs. 10 each to 321,901,777 equity shares of Rs. 10 each.Source:

UGRO Capital Limited Allots Non-Convertible Debentures via Private Placement Mumbai – March 18, 2026 – UGRO Capital Limited announced today the allotment of Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures through a private placement. The Investment and Borrowing Committee of the Board of Directors approved the allotment.The total value of the debenture issuance is INR 45,00,00,000. Each debenture has a face value of INR 10,000. The debentures are proposed to be listed on the BSE Limited.Key details of the debenture issuance are as follows:ParticularsDetailsType of SecuritiesListed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible DebenturesType of IssuePrivate placement...

Shipping Corporation of India Secures Shipbuilding Contract for Methanol-Powered Vessel The Shipping Corporation of India Limited (SCI) announced on March 18, 2026, that it has entered into a shipbuilding contract with Mazagon Dock Shipbuilders Ltd (MDL). The agreement is for the construction of one 3,000 DWT Methanol Dual Fuel Platform Supply Vessel (PSV).The vessel, scheduled to be the first in SCI's fleet to utilize Green Methanol as an alternative fuel, aligns with the National Green Hydrogen Mission (NGHM) and signifies a move towards environmentally conscious shipping practices. The contract was finalized at 1315 hours on March 18, 2026.SCI is a Government of India Enterprise with a registered office in Mumbai.Source:

Centrum Capital Limited Completes Sale of Stake in Centrum Housing Finance Limited Centrum Capital Limited announced the completion of the sale of its entire stake in Centrum Housing Finance Limited (CHFL) on March 18, 2026. This follows a Share Purchase Agreement signed on August 22, 2025, with Weaver Services Private Limited.The transaction required and received regulatory approval from the Reserve Bank of India (RBI) on February 3, 2026. As a result of the sale, CHFL will no longer be considered a subsidiary of Centrum Capital Limited.Source:

Amrutanjan Health Care Limited Receives Order Regarding Input Tax Credit Amrutanjan Health Care Limited announced today, March 18, 2026, that it received an order from the Additional Commissioner of Central Excise & Customs (Appeals-II) under the CGST/IGST Act, 2017. The order, dated March 17, 2026, relates to a review of input tax credit and questioning its eligibility for the years 2020-21 to 2021-22.The appellate authority's order mandates a reversal of input tax credit due to a GSTR2A mismatch. The total tax demand amount is Rs. 24,28,910, inclusive of applicable interest and penalty.According to the company, it availed input tax credit after fulfilling all stipulated conditions according to the GST law. Amrutanjan Health Care...

Waaree Energies Named Title Sponsor of Rajasthan Royals National, March 18, 2026 – Waaree Energies Limited (BSE code: 544277; NSE: WAAREEENER), a leading global energy transition company, has partnered with the Rajasthan Royals as the team's Title Sponsor for the upcoming T20 league.As part of the sponsorship, Waaree Energies branding will appear on the front of the Rajasthan Royals' official playing and training kits.The partnership unites two brands with a commitment to innovation and sustainability, aiming to inspire positive change through sport. Waaree Energies, established in 1990, has been at the forefront of India's transition to clean and sustainable energy, with a presence in over 20 international markets.“In India...

Gujarat Kidney And Super Speciality Limited Notified of Non-Compliance and Fines Gujarat Kidney And Super Speciality Limited received notices from the National Stock Exchange of India Limited (NSE) and BSE Limited regarding non-compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The NSE notice was received on March 17, 2026, at 7:12 p.m., and the BSE notice was received at 6:48 p.m. on the same day. The combined fine amount levied by both exchanges totals Rs. 3,30,400.The non-compliance relates to the non-submission of financial results for the quarter ended September 30, 2025.The company will present the notices to the Board for review and comments, and further details...

Nova Agritech Limited Reports Satisfactory Performance Evaluation by Independent Directors Nova Agritech Limited announced that a separate meeting of its Independent Directors was held on March 18, 2026. The meeting addressed the performance of Non-Independent Directors, the Chairperson, and the Board as a whole, alongside the assessment of information flow between company management and the Board.Following evaluation, the Independent Directors deemed the performance of the Non-Independent Directors, Chairperson, and the Board of Directors to be "satisfactory."Neha Soni, Company Secretary & Compliance Officer, conveyed the outcome. The registered office is located at Sy.No.251/A/1., Singannaguda Village Mulugu Mandal, Medak...

HCLTech Named AWS European Sovereign Cloud Launch Partner POTSDAM, Germany and NOIDA, India, March 18, 2026 – HCLTech has been selected as an official launch partner for the AWS European Sovereign Cloud (ESC), a new cloud infrastructure established in the State of Brandenburg, Germany.The AWS European Sovereign Cloud provides a managed infrastructure located entirely within the EU, designed to meet the data residency and operational autonomy needs of European public sector and enterprise clients. Operating separately from existing AWS Regions, the ESC offers localized control over data residency.HCLTech’s selection as a launch partner stems from its experience managing complex, regulated workloads across Europe, its expertise in...

CSL Finance Limited Board Approves INR 150 Crore Debenture Issuance CSL Finance Limited announced on Wednesday, March 18, 2026, that its Board of Directors approved the issuance of non-convertible debentures of various types, up to an aggregate limit of INR 150 crore, on a private placement basis. The company stated that the issuance may occur in one or more tranches or series, with the Management Committee authorized to finalize and approve all relevant documents.The Management Committee was constituted on February 12, 2020.The debentures are expected to be listed on the BSE Limited. Details regarding the tenure, allotment date, maturity date, coupon/interest payment schedule, security, special rights, and redemption will be...