Markets

Sahasra Electronic Solutions Limited Subsidiary Receives Final SPECs Subsidy Disbursement Sahasra Electronic Solutions Limited announced that its subsidiary, Sahasra Semiconductors Private Limited (SSPL), has received a final disbursement of Rs. 18,50,25,080 under the SPECs scheme. The disbursement represents the remaining portion of a total approved subsidy of Rs. 21,88,53,034.The funds were received against a sanction letter bearing No. tFCt/SpECS/202s-26l65, dated December 31, 2025. Previously, SSPL received an initial tranche of Rs. 3,28,27,954. The SPECs scheme subsidy is intended to support Sahasra Semiconductors Private Limited's operations.Source:

PTC Industries Subsidiary, Aerolloy Technologies, Completes Installation of Advanced Forging System Lucknow, India – March 31, 2026 – Aerolloy Technologies Limited, a wholly owned subsidiary of PTC Industries Limited, announced the successful completion of installation and trials for an advanced 4500/5100 Tonne Intelligent Open Die Forging System at the Strategic Materials Technology Complex (SMTC) in Lucknow. The system is capable of forging Titanium, Superalloys, and a wide range of advanced high-performance alloys, used in next-generation aeroengines, defense platforms, space systems, and industrial gas turbines.The addition strengthens PTC and Aerolloy's capabilities, now offering a fully integrated materials-to-component supply...

Classic Electrodes (India) Limited Increases Stake in HM Power and Cables Private Limited Classic Electrodes (India) Limited announced the acquisition of an additional 3.06% shareholding in HM Power and Cables Private Limited on March 30, 2026. The acquisition involved 460,000 equity shares, each valued at ₹10.This transaction increases Classic Electrodes (India) Limited's total shareholding in HM Power and Cables Private Limited to 13.06%. HM Power and Cables Private Limited, incorporated on January 15, 2024, is engaged in the manufacturing, importing, exporting, supplying and dealing in electric and electronic wires and cables. The company’s turnover is currently Nil, as it has not generated any income since its incorporation.The...

Digitide Solutions Launches 'Pulse.nerve' Enterprise Orchestration Platform Bengaluru, March 31, 2026 - Digitide Solutions Limited (NSE: DIGITIDE) announced the launch of Pulse.nerve, a first-of-its-kind enterprise orchestration platform designed to unify fragmented intelligence. The platform is designed to manage, govern, and synchronize AI agents across siloed technology stacks.The launch of Pulse.nerve is supported by the release of 100+ ready-to-deploy AI agents within the Pulse.ai ecosystem.Product Details:S. No.ParticularsDetails1Name of the ProductPulse.nerve2Date of LaunchMarch 31, 20263Category of the ProductInformation Technology4Whether caters to domestic/ international marketBoth (Domestic and...

R Systems Appoints Farooq Ahmad as Chief Revenue Officer Greater Noida, India; El Dorado Hills, CA – March 31, 2026 – R Systems International Limited, a global leader in digital product engineering, announced the appointment of Farooq Ahmad as Chief Revenue Officer. Ahmad will be based in California and will lead the company’s global sales engine.“As global organizations move from experimentation to enterprise-wide deployment, they are seeking strategic partners to help them integrate AI and deliver sustained value,” said Nitesh Bansal, Managing Director & CEO, R Systems. “Ahmad joins with a clear focus on deepening our enterprise footprint and expanding our presence in key markets by enabling our clients translate their priorities...

NMDC Steel Appoints Anurag Kapil as Director (Finance) and New CFO NMDC Steel Limited announced the appointment of Anurag Kapil as Director (Finance) effective March 31, 2026. As part of this appointment, Kapil will also serve as the Company’s Chief Financial Officer (CFO).The change in leadership follows the cessation of K. Raj Shekhar’s role as CFO, effective March 31, 2026. Shekhar had previously held the position following his designation as Whole Time Chief Financial Officer and Key Managerial Person in May 2025.Anurag Kapil’s Director Identification Number (DIN) is 06640383.Source:

Helloji Holidays Ltd. Board Reviews Performance in Meeting of Independent Directors Helloji Holidays Ltd. held a meeting of its independent directors on Tuesday, March 31, 2026, at the company’s registered office. The meeting, lasting from 3:00 PM to 3:30 PM, focused on a review of several key areas related to corporate governance and board effectiveness.Among the matters discussed, the independent directors reviewed the performance of both Non-Independent Directors and the Board of Directors as a whole. They also assessed the performance of the Chairperson of the Company, incorporating feedback from both Executive and Non-Executive Directors.A key focus of the meeting was the assessment of the quality, quantity, and timeliness of...

Tilaknagar Industries Receives Order from Commissioner of Income Tax (Appeals) Tilaknagar Industries Ltd. announced on March 31, 2026, that it received an order from the Commissioner of Income Tax (Appeals) regarding assessments for the Assessment Years 2016-17 through 2024-25.The order follows search and survey proceedings conducted by the Income Tax Department, where the Assessing Officer had previously made additions and disallowances. The company filed an appeal against these assessment orders.During the appeal process, Tilaknagar Industries submitted required documents to the Commissioner of Income Tax (Appeals). The CIT(A) subsequently granted partial relief, reducing additions made by the Assessing Officer by approximately...

Interarch Building Solutions Secures Order Worth Approximately Rs. 80 Crores Interarch Building Solutions Limited has secured a new order from a domestic customer, the company announced. Due to confidentiality and commercial considerations, the customer’s name is being withheld.The order, valued at approximately Rs. 80 Crores plus tax, encompasses design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system. The project is expected to be completed within approximately 7 months and includes a 10% advance payment with the order.The terms and conditions of the order stipulate an approximate 7-month completion period, with a 10% advance payment included. The scope of work encompasses complete...

Mangalore Refinery and Petrochemicals Limited Disburses Interim Dividend Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of Oil and Natural Gas Corporation Limited, announced the disbursement of an interim dividend to eligible shareholders on March 24, 2026.The dividend, amounting to 4% on fully paid-up equity shares of ₹10 each, was declared by the Board of Directors on March 3, 2026, for the financial year 2025-26.Premachandra Rao G, Company Secretary, confirmed the payment.Source:

Jainam Ferro Alloys Reports Delay in Captive Solar Power Plant Commissioning Jainam Ferro Alloys (I) Limited announced a delay in the commissioning of its captive solar power plant project. The project, initially slated for completion by March 31, 2026, is now expected to be completed on or before May 31, 2026.The company is setting up a 20.7 MWp AC / 27 MWp DC and 4.4 MWp AC / 6 MWp DC captive solar power plant in one or more phases. Previously disclosed details regarding the project’s location and approximate cost remain unchanged.The update is provided to stakeholders in compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Aakash Agarwal, Company Secretary...

Garden Reach Shipbuilders & Engineers Ltd. Reports Record Turnover, Declares Interim Dividend of 129% Kolkata, 31 March 26 – Garden Reach Shipbuilders & Engineers Limited (GRSE) announced a record annual turnover for fiscal year 2025-26, reaching ₹ 6,400 crore (provisional and unaudited), compared to ₹ 5,076 crore in fiscal year 2024-25. The company also declared an interim dividend of 129% of paid-up share capital, up from 89.5% in fiscal year 2024-25.During fiscal year 2025-26, GRSE commissioned five vessels, including INS Himgiri, the first Project 17A Advanced Frigate, INS Ikshak, the third Survey Vessel (Large), and the first three Anti-Submarine Warfare Shallow Water Crafts (ASW-SWC) – INS Arnala, INS Androth, and INS Anjadip...

Prime Fresh Ltd. Allots Shares to Florens Farming Private Limited Prime Fresh Limited announced the allotment of 240,000 equity shares with a face value of Rs. 10 each at an issue price of Rs. 119 per share to Florens Farming Private Limited, a subsidiary company. The allotment occurred on March 31, 2026.Florens Farming Private Limited, incorporated on December 27, 2016, is engaged in farming, agriculture, and horticulture activities, including the cultivation, production, processing, and trading of agro-based products. The company’s turnover as of March 31, 2025, was Rs. 2164.48 million.The transaction, considered a related party transaction, was conducted at arm’s length. The objective of the acquisition is to finance the...

Ushanti Colour Chem Limited Allots Equity Shares Following Warrants Conversion Ushanti Colour Chem Limited announced the allotment of 16,57,000 equity shares following the exercise of convertible warrants. The decision was made at a board meeting held on Tuesday, March 31, 2026.The allotment is linked to 16,57,000 warrants previously issued to non-promoter allottees on a preferential basis. Warrant holders paid the remaining 75% of the issue price, triggering the board's approval for the equity share allotment. The equity shares were issued at an issue price of ₹ 58 per share.The company had previously allotted 26,50,000 convertible equity warrants on February 12, 2026, with an issue price of ₹ 58 per warrant, with 25% paid upfront...

Arkade Developers Limited Receives Occupation Certificate for Malad West Residential Project Arkade Developers Limited announced on March 31, 2026, that it has received an Occupation Certificate (OC) for its residential project located in Malad West. The certificate was received on March 30, 2026.The project, completed in accordance with approved plans and local building regulations, is a residential development.Amit Mangilal Jain, Managing Director, Arkade Developers Limited, confirmed the receipt of the OC.Source:

Keto Motors Limited Allots Shares Under Scheme of Arrangement Keto Motors Limited, formerly known as Taaza International Ltd., announced the allotment of 5,60,47,800 equity shares on March 31, 2026. The allotment occurred in exchange for 3,73,65,200 equity shares held by shareholders of Keto Motors Private Limited as of March 30, 2026.This action follows a Scheme of Arrangement between Keto Motors Private Limited (Transferor Company) and Keto Motors Limited (Transferee Company), as approved by the Hon'ble NCLT, Hyderabad Bench, on June 12, 2025. The share exchange ratio is 3:2, meaning three equity shares of Keto Motors Limited are allotted for every two equity shares held in Keto Motors Private Limited.Company Details:Keto Motors...

Balkrishna Industries Receives Adjudication Order from CGST & Central Excise Balkrishna Industries Ltd. (BKT) announced it received an adjudication order from the Additional Commissioner of CGST & Central Excise, Mumbai Central Commissionerate, on March 30, 2026. The order pertains to the financial years from 2021-22 to 2023-24.The adjudication order, issued under section 74(1) of the CGST / MGST Act, 2017, involves a demand for Rs. 4.80 Crs, along with applicable penalties, due to the alleged availment of inadmissible credit and non-payment of tax under the reverse charge mechanism.According to BKT, the order has no anticipated impact on the company's financial, operational, or other activities. The company intends to contest the...

Responsive Industries Limited Discloses Promoter Group Pledge of Shares Responsive Industries Limited announced on March 31, 2026, that Fairpoint Tradecom LLP, a Promoter Group entity, has created a pledge of shares. The disclosure was made in accordance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Fairpoint Tradecom LLP holds 2,46,50,000 shares, representing 9.25% of Responsive Industries Limited's total share capital. A total of 7,20,000 shares, constituting 0.27% of the company’s outstanding shares, are now pledged.The shares were pledged to Imperial Solutions Private Limited. The reason for the encumbrance is personal borrowing.Here's a summary of the details in a table...

Vascon Engineers Acquires 100% Stake in Kanchi Properties Vascon Engineers Limited announced the acquisition of a 100% stake in Kanchi Properties Private Limited on March 31, 2026. As a result of the acquisition, Kanchi Properties has become a wholly-owned subsidiary of Vascon Engineers.The acquisition is a related party transaction completed at arm's length. The promoter and promoter group of Vascon Engineers do not have any interest in Kanchi Properties.According to a filing, Kanchi Properties operates within the same business vertical as Vascon Engineers and is engaged in the business of buying and selling tenanted properties.The cost of acquisition was Rs. 102,000, and involved the acquisition of 10,200 equity shares at Rs. 10...

Pashupati Cotspin Limited Sets Record Date for Share Sub-division Pashupati Cotspin Limited announced Friday, March 31, 2026, that its Board of Directors has fixed Friday, April 17, 2026, as the record date for a share sub-division. The decision follows a board meeting held on February 26, 2026, where the sub-division was approved.The company will sub-divide one existing equity share with a face value of 10 Rupees into 10 equity shares with a face value of 1 Rupee each. This move aims to increase liquidity and broaden the shareholder base.The details of the record date are outlined below:Security TypeRecord DatePurposeEquity SharesFriday, April 17, 2026Sub-division (split) of 1 (One) existing Equity Share of the Company...