Markets

Baumann Dekor Private Limited to Sell 2,50,000 Equity Shares of Eastern Silk Industries Limited Eastern Silk Industries Limited announced that Baumann Dekor Private Limited, a promoter of the company, intends to sell 2,50,000 equity shares, representing 5% of the issued and paid-up capital, to comply with the minimum public shareholding ('MPS') requirement. The sale will be executed through the National Stock Exchange of India Limited ('NSE') via an offer for sale mechanism.The proposed sale is being undertaken at the NSE. A notice of the offer for sale has been submitted to the NSE, and is available on the company’s website at www.easternsilk.com.National Stock Exchange of India Circular Details The National Stock Exchange of...

Shree Renuka Sugars Limited Announces Leadership Changes Shree Renuka Sugars Limited announced several changes to its leadership structure following a board meeting held on March 17, 2026.Mr. Atul Chaturvedi will transition from his current role as Executive Director and Chairman to a Non-Executive Director (Non-Independent) effective April 1, 2026. Mr. Madhu Rao, currently an Independent Director, will assume the role of Chairman of the Board, also effective April 1, 2026.Furthermore, the company appointed Mr. Susheel Kumar Kamboj as Chief Executive Officer, effective March 23, 2026. Mr. Kamboj has also been appointed as Managing Director & CEO for a period of 5 years, starting April 1, 2026, subject to shareholder approval.These...

Lyka Labs Limited Receives Approval for Amalgamation Scheme Lyka Labs Limited announced on March 17, 2026, that the Hon'ble National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the scheme of merger between Lyka Exports Limited (Transferor Company) and Lyka Labs Limited (Transferee Company). The merger, initially proposed in February 2026, is being carried out under Sections 230 to 232 of the Companies Act, 2013.The appointed date for the scheme is April 01, 2022. A copy of the NCLT order is available on the NCLT website.Lyka Labs Limited is in the process of filing e-form INC-28 along with the order and scheme with the Registrar of Companies within 30 days.Source:

Anmol India Limited Announces Resignation of Independent Director Anmol India Limited announced on March 17, 2026, the resignation of Mr. Sanjeev Kumar from the position of Independent Director, effective March 17, 2026.Mr. Kumar’s resignation is attributed to pre-occupations and other personal commitments. He confirmed that there are no other material reasons for his departure.Mr. Kumar currently serves as an Independent Director in the following entities: Anmol India Limited, Kalyan Capitals Limited, and holds the position of Chairperson of the Audit Committee at Anmol India Limited. He is also a member of the Nomination & Remuneration Committee, Stakeholders Relationship Committee, and CSR Committee at Anmol India Limited, and...

Oricon Enterprises Limited Announces Director Resignation Oricon Enterprises Limited announced on March 17, 2026, that Varun Somani has resigned from his position as Director, effective the same date. The resignation follows a Memorandum of Family Settlement dated September 1, 2025, concerning shareholding and directorships within various companies.Somani also served as a member of the Nomination and Remuneration Committees of the Board.Details regarding the resignation are summarized below:ParticularsDetailsReason for changeResignation from the Position of Directorship of the Company.Date of cessationEffective from March 17, 2026Somani, whose Director Identification Number (DIN) is 00015384, expressed his appreciation...

BF Utilities Appoints Independent Woman Director, Addresses NSE Compliance Concerns BF Utilities Limited (BFUL) announced the appointment of an Additional, Non-Executive Independent Woman Director on March 17, 2026. The appointment follows a reminder from the National Stock Exchange of India (NSE) regarding non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically concerning the composition of the Board, including the failure to appoint an Independent Woman Director.The Board of Directors discussed the NSE letters dated February 27, 2026, and March 16, 2026, during a meeting held on March 17, 2026. The newly appointed director will serve for a period of three consecutive years, from...

Interarch Building Solutions Limited Receives Notice Under MSMED Act Interarch Building Solutions Limited (formerly Interarch Building Products Limited) has received a notice under Section 18 of the Micro, Small and Medium Enterprises Development Act, 2006. The notice was received from the Micro and Small Enterprises Facilitation Council (MSEFC), Bengaluru Urban, Department of Industries & Commerce, Government of Karnataka.The notice pertains to a reference filed under the MSMED Act, 2006, alleging delayed payments. The matter is currently listed for conciliation and may proceed to arbitration.Details of the NoticeParticularsDetailsDate of receipt of direction or order16 March 2026Details of the...

Hazel Infra Limited to Initiate Offer for Sale of Swan Defence and Heavy Industries Shares Mumbai, India – Hazel Infra Limited, the promoter of Swan Defence and Heavy Industries Limited (formerly Reliance Naval and Engineering Limited), announced an Offer for Sale (OFS) of up to 26,38,747 equity shares, representing 5.01% of the company’s total issued and paid-up equity share capital. The OFS will take place over two trading days: March 18, 2026, for non-Retail Investors, and March 19, 2026, for Retail Investors and non-Retail Investors who choose to carry forward unallotted bids.The offer is being undertaken to achieve minimum public shareholding requirements as prescribed under applicable regulations, including Rule 19(2)(b) and...

Medplus Health Services Subsidiary Receives Drug License Suspension Order Medplus Health Services Limited announced that Optival Health Solutions Private Limited, a subsidiary of the company, has received a suspension order for a Drug License affecting a store in Karnataka.According to a statement released on March 17, 2026, the Assistant Director, Drugs Control Administration, Hubli Circle, Karnataka, issued an order suspending the Drug License for five days for a store located in Lingaraj Nagar, Karnataka. The order was received on March 16, 2026.The suspension is based on a violation of Rule 65 of the Drugs and Cosmetics Act, 1940, and the Drugs and Cosmetics Rules, 1945. The company estimates a potential revenue loss of Rs 1.77...

Kridhan Infra Limited Completes Preferential Issue of Equity Shares Kridhan Infra Limited announced the allotment of 48,00,000 fully paid-up equity shares following the exercise of rights attached to warrants. The shares were issued at a price of ₹4.05 per share, including a premium of ₹2.05 per share. This resulted in a total inflow of ₹1,94,40,000 for the company.The preferential issue involved four investors: Mr. Pankaj Kapasi, Ms. Payal Kapasi, Pankaj Kapasi (HUF), and Chaitali Atish Laddad, each receiving 12,00,000 equity shares. The allotment was made upon receipt of the remaining 75% of the issue price from the warrant holders.Sr. NoParticularsDetails1Name of the investor(s)1. Mr. Pankaj Kapasi - 12,00,000 equity shares...

LTIMindtree Limited Changes Name to LTM Limited LTIMindtree Limited announced today, March 17, 2026, that it has officially changed its name to LTM Limited. The change, approved by shareholders on March 13, 2026, was formalized with the receipt of a fresh Certificate of Incorporation from the Ministry of Corporate Affairs.The new Certificate of Incorporation, effective March 17, 2026, reflects the name change. The company was originally incorporated as L&T INFORMATION TECHNOLOGY LIMITED.The updated Memorandum and Articles of Association will be available on the company’s website at https://www.ltm.com/investors/.The Corporate Identification Number (CIN) for LTM Limited remains L72900MH1996PLC104693. The company’s mailing address...

Capri Global Capital Limited Receives Credit Ratings from Fitch Ratings Mumbai – March 17, 2026 – Capri Global Capital Limited announced today that it has received credit ratings from Fitch Ratings Limited. The ratings were assigned March 17, 2026, at 4:02 p.m. (IST).According to Fitch Ratings, Capri Global Capital Limited’s ratings include a Long-Term Issuer Default Rating (LT IDR) of BB- (Stable), a Short-Term Issuer Default Rating (ST IDR) of B, and a Local Currency Long Term Issuer Default Rating (LC LT IDR) of BB- (Stable).The rationale for these ratings was published by Fitch Ratings Limited and is available on their website at https://www.fitchratings.com/site/pr/10340020. Additional information is also available on the...

Capacit'e Infraprojects Limited Receives Shareholder Approval for Related Party Transaction Capacit'e Infraprojects Limited announced on March 17, 2026, that shareholders have approved a material related party transaction between CIL MMEPL Ekatha Private Limited, a subsidiary of the company, and Mohan Mutha Export Private Limited, a related party of the subsidiary. The approval was granted via an Ordinary Resolution at a postal ballot held on February 11, 2026.As of February 06, 2026, the company had 63,392 shareholders on record. The resolution passed with 1,13,98,901 votes in favour and 42,263 votes against, representing 99.63% and 0.36% respectively of the votes polled.The results of the voting are available on the company’s...

Axis Solutions Ltd. Secures Order for High Voltage Transducers from Bharat Heavy Electricals Limited Axis Solutions Ltd. announced it has secured a significant order from Bharat Heavy Electricals Limited for the supply of High Voltage Transducers, marking a strategic expansion into the Railway/Metro segment. The order, valued at Rs. 4,25,25,000, involves the supply of High Voltage Transducers (2800V/50mA) for Locomotive applications.The order is expected to be executed within one year from March 2026. According to company disclosures, neither the entity awarding the order nor the order itself involves related party transactions.Here’s a summary of the key details:Sr No.ParticularDetails1Name of the entity awarding the...

Hexaware Launches Agentverse™, an Enterprise AI Agent Platform with 600+ Ready-to-Deploy Agents Hexaware Technologies [NSE: HEXT] today announced the launch of Agentverse™, an enterprise AI agent platform featuring 600+ ready-to-deploy AI agents designed to help organizations operationalize agentic AI across business and technology functions.As enterprises increasingly explore generative and agentic AI, many remain stuck in pilot stages without a clear path to scaled deployment. Agentverse™ addresses this challenge by providing a governed platform that orchestrates multiple AI agents across enterprise systems, workflows, and communication channels, enabling organizations to move from experimentation to production.The platform...

Heritage Foods Limited Appoints Multiple Firms as Internal Auditors Heritage Foods Limited announced the appointment of thirteen firms as Internal Auditors for the financial year 2026-27. The appointments were approved by the Board of Directors at a meeting held on March 17, 2026.The appointed firms and their respective areas of responsibility are as follows:Name of the FirmLocation CoverageM/s. Brahmayya & Co, Chartered Accountants, BengaluruLocations near Head OfficeM/s. Gattamaneni & Co., Chartered Accountants, HyderabadLocations near Hyderabad, Vijayawada, and North KarnatakaM/s. Satyanarayana & Sushil, Chartered Accountants, VisakhapatnamLocations near Visakhapatnam and OdishaM/s. Rama Subba Rao & Co., Chartered...

Tech Mahindra Acquires Remaining Stake in Tech Mahindra Arabia Limited Tech Mahindra Limited announced on March 17, 2026, that Tech Mahindra London Limited, a wholly-owned subsidiary, executed a Share Sale and Purchase Agreement with Midad Company Limited for the acquisition of Midad’s 20% equity stake in Tech Mahindra Arabia Limited.The transaction results in the company, along with TMLL, holding 100% shareholding in Tech Mahindra Arabia Limited. Midad exercised a put option as stipulated in a shareholder's agreement.Tech Mahindra Arabia Limited, headquartered in the Kingdom of Saudi Arabia, provides digital system integration and consulting services. As of March 31, 2025, the company's turnover was SAR 181.6 million and its net...

Digilogic Systems Limited Receives Purchase Orders from DRDO Valued at ₹7.15 Crores Digilogic Systems Limited has announced the receipt of purchase orders from the Defence Research & Development Organisation (DRDO). The orders, received during the ordinary course of business, are valued at a total of ₹7.15 crores (excluding GST).The company will supply Measurement Equipment, Test Equipment, and Programmable DC power Supplies, as well as an Integrated Test System for onsite checkout.Here's a breakdown of the orders:Order DescriptionOrder Value (₹ crores, excluding GST)Supply of Measurement Equipment, Test Equipment and Programmable DC power Supply4Integrated Test System for onsite checkout3.15Total7.15Source:

Varun Beverages Limited to Acquire 100% Stake in Crickley Dairy Proprietary Limited Varun Beverages Limited announced on March 17, 2026, that its subsidiary, The Beverage Company Proprietary Limited ('Bevco'), has entered into an agreement to acquire 100% of the equity stake of Crickley Dairy Proprietary Limited ('Crickley'), a company incorporated in South Africa. The acquisition aligns with the company's strategy to diversify its product portfolio into value-added dairy and juice-based drinks.The transaction is subject to regulatory approvals, including those from the Competition Commissions of South Africa.Bevco will acquire the 100% equity stake of Crickley for an Enterprise Value of ZAR 238 million, equivalent to INR 1,314.68...

Shree Renuka Sugars Limited Announces Leadership Changes Shree Renuka Sugars Limited announced several changes in its leadership structure following a board meeting held on March 11, 2026.Effective April 1, 2026, Mr. Atul Chaturvedi will transition from his current role as Executive Director and Chairman to a Non-Executive Director (Non-Independent). Simultaneously, Mr. Madhu Rao, currently an Independent Director, will assume the position of Chairman of the Board.The company has also appointed Mr. Susheel Kumar Kamboj as Chief Executive Officer, effective March 23, 2026. Additionally, Mr. Kamboj has been appointed as Managing Director & CEO for a period of five years, also commencing April 1, 2026, pending shareholder approval...