Markets

Paisalo Digital Limited Allots ₹510 Million in Debentures Mumbai – March 18, 2026 – Paisalo Digital Limited announced today that its Operations and Finance Committee has approved the allotment of debentures through a private placement. The company issued 51,000 Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, totaling ₹510 million.The NCDs have a tenure of 30 months, with an interest rate of 9.25% per annum, paid out monthly. The debentures are scheduled for redemption on September 18, 2028, at par.The NCDs are secured by a first-ranking exclusive charge on loan receivables, maintaining a security value equivalent to 1.10 times the outstanding principal amount.In the event of a delay in interest or principal...

Umiya Buildcon Ltd. Sees Acquisition of Shares by Umiya Holding Private Limited Umiya Buildcon Limited (formerly MRO-TEK Realty Limited) announced that Umiya Holding Private Limited has acquired shares in the company. The acquisition, which occurred on March 17, 2026, was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Umiya Holding Private Limited is a promoter group entity. Prior to the acquisition, Umiya Holding Private Limited held 71,23,066 shares, representing 38.12% of the total share/voting capital and 38.12% of the total diluted share/voting capital of Umiya Buildcon Limited.The acquisition involved 2,100 shares acquired through the market, increasing Umiya...

TCS and Pearson Partner to Accelerate AI-Powered Learning for Global Industries LONDON, UK | MUMBAI, INDIA, 18 March 2026 – Tata Consultancy Services (TCS) and Pearson, a global learning company, have announced a multi-year partnership to help enterprises build future-ready workforces with AI-powered learning and assessment. The collaboration aims to combine AI-powered learning, assessment, and cloud-led transformation at scale.Through the partnership, Pearson will combine its enterprise learning and assessment expertise with TCS' leadership in Contextual AI and the robust TCS iON digital learning and assessment platforms. The companies intend to empower enterprises to build a perpetually adaptive workforce, leveraging AI-driven...

Rashi Goenka Acquires Shares in Gamco Ltd, Increasing Stake Rashi Goenka, a promoter group member of Gamco Ltd, acquired 5,103 equity shares on March 16, 2026, through open market transactions. This acquisition increases her total shareholding to 1,400,727 equity shares, representing a 2.59% stake in the company.Prior to the acquisition, Goenka held 1,395,624 equity shares, equivalent to a 2.58% stake. The total issued and paid-up equity share capital of Gamco Ltd consists of 5,40,31,500 equity shares with a face value of Rs. 2 each, totaling Rs. 10,80,63,000.00.The acquisition was made through open market transactions.Source:

Arman Financial Services Ltd. Receives Credit Rating Reaffirmation and New Rating for Proposed Debt Offering Arman Financial Services Ltd. has received credit rating reaffirmations from Acuité Ratings & Research Limited. The company’s existing banking facilities and Non-Convertible Debentures (NCDs) maintain a long-term credit rating of 'ACUITE A-' with a 'Stable' outlook.Additionally, Acuité Ratings & Research Limited has assigned a credit rating of 'ACUITE A-' with a 'Stable' outlook to a proposed Non-Convertible Debentures offering, aggregating to ₹150.00 crore.Source:

Emkay Global Financial Services Ltd. Receives In-Principle Listing Approval for New Shares Emkay Global Financial Services Limited announced today, March 18, 2026, that it has received in-principle listing approval from both the National Stock Exchange of India Limited (NSE) and the BSE Limited for 278,300 equity shares. These shares, each with a face value of Rs. 10, were allotted to a promoter and are a result of the conversion of warrants issued on a preferential basis.The NSE’s approval, reference number NSE/LIST/53859, and the BSE’s approval, reference number LOD/PREF/PR/FIP/1904/2025-26, were granted on March 17, 2026. The shares have distinctive numbers ranging from 25910764 to 26189063.The BSE approval letter notes that the...

Bosch Ltd. to Form Joint Venture with Tata Autocomp Systems for E-Axle and Electric Motor Production Bosch Limited announced on March 18, 2026, that its Board of Directors has approved a joint venture agreement with Tata Autocomp Systems Limited. The agreement will establish a joint venture company ('JVCo') in India for the manufacture, sale, and after-sales service of e-axles, electric traction motors, and other related products.The JVCo will be incorporated as a Private Limited Company, with both Bosch Limited and Tata Autocomp Systems Limited holding a 50% stake in the paid-up share capital. The initial paid-up share capital will be INR 10,00,000, with both companies contributing equally. The proposed total equity share paid-up...

TTI Enterprise Limited Announces Registered Office Relocation and Signatory Change TTI Enterprise Limited announced on Wednesday, March 18, 2026, that its Board of Directors approved the relocation of the company’s registered office. The move, effective March 18, 2026, shifts the registered office from 03rd Floor, PNB House, 18B Brabourne Road, Kolkata, West Bengal-700001 to 28B, Eden Hospital Road, Chitranjan Avenue, Kolkata - 700012. The relocation remains within the city limits of Kolkata.The Board also approved a change in the authorized signatories for the Kotak Mahindra Bank account, appointing Mr. Mithun Wales, Manager - Accounts, to operate the account.The Board meeting commenced at 11:00 AM and concluded at 11:40 AM. Hemant...

Godrej Consumer Products Schedules Investor Meet in May 2026 Godrej Consumer Products Limited announced it will host an Investor Meet for Financial Analysts and Institutional Investors on Monday, May 11, 2026.The company will submit presentations from the event to the stock exchanges and will also host them on its website. The Investor Meet is scheduled for the Financial Year 2026.Source:

Bondada Engineering Ltd. Receives Order from Bharat Electronics Limited for Defence Components Bondada Engineering Limited announced on March 18, 2026, that its subsidiary, Bondada Dynamics Private Limited, has secured a purchase order from Bharat Electronics Limited (BEL) in Karnataka. The order is for the supply of critical components for defence applications, marking the company’s entry into the defence sector.This development aligns with Bondada Engineering's long-term vision to diversify into technology-driven areas and strengthen its business portfolio. The company views this as a significant strategic milestone and a foundation for future opportunities and partnerships within the defence sector.The key terms of the order are...

Arvind SmartSpaces Schedules Analyst Meetings on March 24, 2026 Arvind SmartSpaces Ltd. announced it will be meeting with several analysts on March 24, 2026. The meetings will be held physically in Mumbai.The company will meet with representatives from Antique Stock Broking, B&K Securities, ICICI Direct, Emkay Global, and Axis Direct.A summary of the scheduled meetings is presented below:DateFirmMeeting TypeMarch 24, 2026Antique Stock BrokingPhysical in MumbaiMarch 24, 2026B&K SecuritiesPhysical in MumbaiMarch 24, 2026ICICI DirectPhysical in MumbaiMarch 24, 2026Emkay GlobalPhysical in MumbaiMarch 24, 2026Axis DirectPhysical in MumbaiThe schedule is subject to change due to unforeseen circumstances.Source:

McNally Bharat Engineering Company Limited Faces Fines for Delayed Financial Results McNally Bharat Engineering Company Limited (MBECL) has been fined by both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) for delayed submission of financial results for the period ended December 31, 2025. The fines, totaling Rs. 23,600 including Goods and Services Tax (GST), were issued on March 17, 2026, and March 18, 2026, respectively.The penalties stem from non-compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015, which mandates timely submission of financial results. The fines are in accordance with SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023.Below is a summary of...

Shelter Pharma’s Manufacturing Facility Receives A+ Rating in Food Safety Audit Shelter Pharma Limited announced that its manufacturing facility has achieved an A+ rating following a Third-Party Food Safety Audit conducted by an agency recognized under the Food Safety and Standards Authority of India (FSSAI) framework.The audit evaluated the facility's compliance with applicable food safety standards and regulatory requirements. The facility received an audit score of 81 out of 86, representing 94% compliance. This rating underscores Shelter Pharma’s commitment to upholding high standards of quality and food safety in its products.Here's a summary of the audit details:ParticularsDetailsRegulatory AuthorityFood Safety and...

Raj Goenka Acquires 1.98% Stake in Gamco Ltd. Through Open Market Transactions Kolkata – Raj Goenka, a promoter of Gamco Ltd., has acquired 1171949 equity shares, representing 1.98% of the company’s issued and paid-up equity share capital, through open market transactions between March 16, 2026, and March 17, 2026.According to a filing, Goenka's total holding now comprises 1171949 shares carrying voting rights. Prior to the acquisition, his holding stood at 1159318 shares.Gamco Ltd. has an equity share capital of Rs. 10,80,63,000.00, consisting of 5,40,31,500 equity shares of Rs. 2 each.Name of the Target Company (TC)GAMCOLIMITED BSE Scrip Code: 540097Name(s) of the acquirer and Persons Acting in Concert (PAC) with the...

Max India Schedules Analyst and Institutional Investor Meetings Max India Ltd. announced that its officials will participate in the DAMCapital Hospitals & Diagnostics Conference 2026 in Mumbai on March 23, 2026. The meetings will be held from 10:00 am onwards and will consist of both 1x1 and group sessions. Discussions will be limited to publicly available information. The company noted that the schedule may be subject to change due to unforeseen circumstances.Date & TimeNature of MeetingOrganised byPlaceMarch 23, 2026 10:00 am onwards1x1 / Group MeetingDAMCapital Hospitals & Diagnostics Conference 2026MumbaiSource:

Indogulf Cropsciences Ltd. Announces Resignation of Secretarial Auditor March 18, 2026 – Indogulf Cropsciences Limited announced the resignation of Mr. Deepak Rawat as its Secretarial Auditor, effective March 17, 2026. Mr. Rawat’s resignation is attributed to health issues and other medical reasons.According to a confirmation received from Mr. Rawat, there are no material reasons for his departure beyond those already stated.Details of Resignation The following table summarizes the details of the resignation:ParticularsDetailsName of Secretarial AuditorMr. Deepak Rawat, Practicing Company Secretary (ACS: 33210/CP: 12241)Reason for ResignationHealth issues and other medical reasonsDate of ResignationMarch 17, 2026Source:

Bodhtree Consulting Subcontracts Project Development to Semayra Web Services Hyderabad – Bodhtree Consulting Ltd. announced on March 18, 2026, that M/s. Panth Infinity Limited, a vendor engaged for the development of ‘GenBI: The Next-Gen AI-Powered BI & Analytics Platform,’ has subcontracted a portion of the project to M/s. Semayra Web Services Private Limited.The subcontracting is intended to enhance execution efficiency and meet project-specific business requirements. M/s. Panth Infinity Limited is based in Ahmedabad, while M/s. Semayra Web Services Private Limited is located in Delhi.Details of the subcontract are as follows:DetailDescriptionOriginal VendorM/s. Panth Infinity Limited, AhmedabadSubcontractor...

HDFC Bank Ltd. Receives Credit Rating Affirmed by India Ratings & Research HDFC Bank Ltd. announced on March 18, 2026, that India Ratings and Research Private Limited has affirmed and assigned ratings to various instruments of the bank. India Ratings affirmed the bank’s Long-Term Issuer Rating at 'IND AAA/Stable' and assigned a rating of 'IND A1+' to Certificates of Deposit.Rating DetailsThe summary of ratings assigned/affirmed is as follows:Instrument TypeMaturity DateSize of Issue (Billion)Rating/OutlookRating ActionIssuer Rating -IND AAA/StableAffirmedCertificates of deposit7-365 daysINR 250IND A1+AssignedCertificates of deposit7-365 daysINR 1250IND A1+AffirmedFixed deposits -IND AAA/StableAffirmed...

Global Surfaces Limited Converts Loan to Equity in Subsidiary Global Surfaces Limited announced on March 18, 2026, that its Board of Directors approved the conversion of an additional unsecured loan of INR 50 Crore extended to its wholly-owned subsidiary, Global Surfaces FZE, into equity shares. This follows a previous approval on February 3, 2026, for a similar conversion of INR 50 Crore.Global Surfaces FZE, incorporated in Jebel Ali Free Zone, Dubai, UAE, has a paid-up share capital of 20.13 Crore and a net worth of (8.18) Crore as of March 31, 2025. The company’s business is in manufacturing engineered quartz and stone surfaces. FY 2023-24 turnover was 57.34 Crore and FY 2024-25 turnover was 64.36 Crore. FY 2022-23 saw a turnover...

Taneja Aerospace & Aviation Ltd. Announces Postal Ballot Notice for Director Appointments Thally, Tamil Nadu, March 18, 2026 – Taneja Aerospace & Aviation Ltd. announced today that it will seek shareholder approval for the appointment of two independent directors via a postal ballot. The resolutions concern the appointment of Mr. Anil Kumar Sahu and Ms. Deepa Mathur.Mr. Sahu (DIN: 09038050) will serve as an Independent Director for a five-year term, commencing August 8, 2025, and ending August 8, 2030. Ms. Mathur (DIN: 00449912) will also serve as a Women Independent Director for a five-year term beginning August 8, 2025, and ending August 8, 2030, and will also serve as the Chairperson of the Company, effective August 8, 2025...