Markets

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...

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 its shareholders on March 24, 2026. The dividend was declared by the Board of Directors on March 3, 2026.The interim dividend was paid at a rate of 4% on fully paid up equity shares of ₹10 each, representing a 40% payout for the Financial Year 2025-26.Source:

Crompton Greaves Consumer Electricals Limited Receives Order from Income Tax Appeals Centre Crompton Greaves Consumer Electricals Limited announced that it received an order from the office of the Commissioner of Income Tax (Appeals), National Faceless Appeals Centre, Delhi, pertaining to the assessment year 2021-22. The order, issued under Section 250 of the Income Tax Act of 1961, relates to an appeal filed by the company against an assessment order dated December 20, 2022.The order concerns disallowances related to the provision for warranty and after-sales services, depreciation on intangible assets, and Employee Stock Option (ESOP) expenses. The potential financial impact of the order amounts to Indian Rupees 10,22,94,841...

Shipping Corporation of India Announces Departure of Board Director Mumbai – The Shipping Corporation of India Ltd. announced the departure of Rajesh Kumar Sinha from its Board of Directors, effective March 31, 2026. Sinha, an IAS officer (KL: 1994) and Special Secretary, retired from government service on March 31, 2026, according to a communication from the Ministry of Ports, Shipping and Waterways (MoPSW).Consequently, Sinha ceased to be the Official (Government) Nominee Director on the Board. The event occurred at 10:37 a.m. on March 31, 2026.The Shipping Corporation of India Ltd. is a government of India enterprise.Source:

Ador Welding Ltd. Consolidates Flares & Process Equipment Division with M&R Business Ador Welding Ltd. announced a realignment of its business operations on Tuesday, March 31, 2026. The Flares & Process Equipment Division (FPED) will be consolidated into the M&R business.The decision, effective April 1, 2026, is intended to optimize operational efficiency for the company. Mr. Ravi Kumar Palli, currently heading the M&R Business Division, will lead the combined entity.Company Scrip Code: 517041 Company Symbol: ADORSource:

Rachana Infrastructure Limited Receives Order from GST Authority Rachana Infrastructure Limited announced that it received an order from the Office of the Additional Commissioner, Central GST & Central Excise, Nagpur, Maharashtra, on March 30, 2026. The order, dated March 27, 2026, concerns the financial years 2019-20 and 2020-21.The Additional Commissioner has confirmed a demand of Rs. 11.69 crore, encompassing an equivalent amount of penalty and applicable interest, due to alleged availment and utilization of ineligible input tax credit.The company intends to file an appeal before the Appellate authority and anticipates a favorable outcome. Rachana Infrastructure Limited does not expect the order to have a material impact on its...

Tinna Rubber and Infrastructure Limited Dissolves Dutch Subsidiary New Delhi, India – Tinna Rubber and Infrastructure Limited announced the dissolution of its wholly-owned subsidiary, Tinna Rubber B.V., based in Amsterdam, Netherlands, effective February 28, 2025. The decision follows a period where the subsidiary remained non-operational since its inception. The dissolution was completed pursuant to a certificate of liquidation received from the Netherlands Chamber of Commerce.According to a filing, Tinna Rubber B.V. contributed Nil turnover, revenue, income, and net worth during the last financial year due to its non-operational status.The dissolution was registered with Dutch regulatory authorities on August 7, 2025, officially...