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India Cements Completes Amalgamation of Subsidiaries India Cements Limited has finalized the amalgamation of its wholly-owned subsidiaries, ICL Financial Services Limited (ICLFSL), ICL International Limited (ICLIL), ICL Securities Limited (ICLSL), and India Cements Infrastructures Limited (ICIL). The amalgamation was approved by the National Company Law Tribunal (NCLT) in Chennai and became effective on March 28, 2026.The scheme of amalgamation, initially communicated on March 13, 2026, transfers all assets and liabilities of the four subsidiary companies to India Cements Limited from January 1, 2025, the designated appointed date. As a result of the amalgamation, ICLFSL, ICLIL, ICLSL, and ICIL have been dissolved without winding up...

PG Electroplast Limited Receives Incentive Disbursement Approval Under PLI Scheme PG Electroplast Limited announced on March 28, 2026, that its wholly-owned subsidiary, PG Technoplast Private Limited, has received approval for the disbursement of the third tranche of incentive under the Production Linked Incentive (PLI) Scheme for White Goods.The approval, communicated via a sanction letter dated March 27, 2026, from IFCI Limited, a Government of India undertaking, pertains to a claim for the Determined Sales Value of fiscal year 2024-25. The incentive is for manufacturing Air Conditioners, LED Lights, Motors and Display Panels (LCD/LED).PG Technoplast Private Limited has been sanctioned a payment of Rs. 37,50,00,000 (Rupees...

Eraaya Lifespaces Limited Appoints New Leadership and Restructures Governance Framework Eraaya Lifespaces Limited announced several changes to its leadership and governance framework on March 28, 2026. The changes were approved by the Board of Directors at a meeting held on that date.Mr. Sushil Gupta has been appointed as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) of the company. Mr. Ashish Sharma has been appointed as Chief Financial Officer (CFO) and KMP. The current CFO will step down from the position, continuing with the company in other roles.The company also approved the creation of senior management positions to strengthen governance, compliance, and risk oversight, and authorized management to identify...

IIRM Holdings India Ltd. Board Approves Corporate Guarantee, Asset Sale Proposal IIRM Holdings India Limited (formerly Sudev Industries Limited) announced on March 28, 2026, that its Board of Directors approved a corporate guarantee for a material wholly-owned subsidiary, India Insure Risk Management and Insurance Broking Services Private Limited. The board meeting commenced at 6:00 p.m. and concluded at 6:15 p.m.The corporate guarantee, amounting to Rs. 65 crores, serves as security for the issuance of Non-Convertible Debentures (NCDs) by India Insure. The guarantee is valid for a period of four years from the date of the first disbursement. According to company disclosures, the transaction is at arm’s length and does not involve any...

Nivee Holdings Acquires 4,000 Shares in Rain Industries Ltd. Rain Industries Ltd. announced that it received a disclosure from Nivee Holdings Private Limited, a promoter group entity, regarding the acquisition of shares on March 27, 2026, from the open market.Nivee Holdings acquired 4,000 equity shares, representing 0.0012% of the company’s outstanding shares. This acquisition increased Nivee Holdings’ total shareholding to 8,627,250 shares, which constitutes 2.56% of the company’s total share capital.Prior to the acquisition, Nivee Holdings held 8,623,250 shares, or 2.56% of Rain Industries Ltd. The company’s total equity share capital before and after the acquisition was 33,63,45,679 shares of Rs. 2 each.Shareholding Details of...

Ramky Infrastructure Ltd. Approves Sale of Shares in Visakha Pharmacity Limited Hyderabad, March 28, 2026 – Ramky Infrastructure Ltd. announced that its Board of Directors approved the sale of shares held in Visakha Pharmacity Limited (VPCL) to Brij Gopal Construction Company Private Limited (BGCCPL) during a meeting held on March 28, 2026. The meeting commenced at 5:45 PM and concluded at 6:15 PM.The decision to sell the shares aligns with an approval previously granted by shareholders through a postal ballot notice dated December 27, 2023, with results announced on January 28, 2024.The Managing Director and the Chief Financial Officer have been jointly authorized to finalize and execute the Share Purchase Agreement (SPA) terms and...

Shradha AI Technologies Divests Stake in Moodscope AI Private Limited Nagpur – March 28, 2026 – Shradha AI Technologies Limited (formerly Shradha Industries Limited) announced the divestment of its 45.00% equity shareholding in Moodscope AI Private Limited (CIN: U58201MH2024PTC435978) on March 28, 2026.The divestment was a follow-up to a prior communication dated February 7, 2026, regarding the outcome of the company’s fourth Board Meeting of FY 2025-26. As a result of the sale, Moodscope AI Private Limited is no longer considered a subsidiary of Shradha AI Technologies Limited, effective March 28, 2026, in accordance with Section 2(87) of the Companies Act, 2013.The aggregate consideration received for the divestment totaled ₹...

TVS Motor Company Launches Apache RTR 310 in Morocco, Marking Entry into Africa’s Premium Motorcycle Market TVS Motor Company officially launched the TVS Apache RTR 310 in Morocco on March 28, 2026, marking a significant step for the brand in the African market. The launch positions TVS at the forefront of Morocco’s rapidly maturing premium performance segment.“As the first African market where it is being launched, TVS Apache RTR 310's launch in Morocco marks a significant step in the brand's journey," said Mr. Rahul Nayak, Senior Vice President - International Business, TVS Motor Company. "Built on our 'Track to Road' philosophy, the Apache RTR 310 carries 40 years of racing DNA into a machine that will redefine what premium means...

Nimbus Projects Ltd. Announces Partnership Stake Sale Nimbus Projects Limited announced on March 28, 2026, that Nimbus Propmart Private Limited (NPPL), a group company, is selling its partnership stakes in three partnership firms to Mr. Bipin Agarwal, the Managing Director and promoter of Nimbus Projects Limited.The partnership firms involved are IITL-Nimbus, The Express Park View (EPV), IITL-Nimbus, The Palm Village (PV), and IITL-Nimbus, The Hyde Park, Noida (HP). Currently, Nimbus Projects Limited holds 95% capital contribution in EPV and PV, while NPPL holds 5%. In The Hyde Park, both Nimbus Projects Limited and NPPL hold a 50% capital contribution.Following the transaction, NPPL will retire from the partnership firms, and Mr...

Unifinz Capital India Ltd. Board Approves Interim Dividend and Debenture Issuance Unifinz Capital India Ltd. announced on March 28, 2026, that its Board of Directors has approved an interim dividend of Rs. 0.50 per equity share, equivalent to 5% of the Rs. 10 face value per share. The company has set April 6, 2026, as the record date for determining shareholder eligibility for the dividend payout.The Board also authorized the offer, issue, and allotment of non-convertible debentures totaling up to INR 315,00,00,000 (Indian Rupees Three Hundred Fifteen Crore only). These debentures will be issued in one or more tranches on a private placement basis, subject to market conditions and applicable regulatory approvals. The earlier...

Gautam Exim Ltd. Announces Board Decisions Including Share Sub-division and Bonus Issue Gautam Exim Ltd. announced on March 28, 2026, that its Board of Directors met on Saturday, March 28, 2026, from 4:00 P.M. to 5:30 P.M.Share Sub-divisionThe Board approved the sub-division of Equity Shares from a face value of Rs. 10 to Rs. 5, subject to shareholder approval.ParticularsPre SplitPost SplitAuthorised Shares10,00,0001,00,00,000Face ValueRs.10Rs.5Authorised CapitalRs.5,00,00,000Rs.5,00,00,000Paid up Shares10,81,00051,62,000Paid up CapitalRs.3,08,10,000Rs.3,08,10,000A record date for the share split will be announced later.Increase in Authorised Share CapitalThe Board approved an increase in the authorized...

Kothari Products Limited Announces Inter-se Transfer of Equity Shares Bombay Stock Exchange Ltd. and the National Stock Exchange of India Ltd. received disclosures on March 28, 2026, regarding an inter-se transfer of equity shares within Kothari Products Limited.Sri Mitesh Kothari, a Promoter of the Company, acquired 200,000 equity shares from Sri Deepak Kothari and 600,000 equity shares from Smt. Arti Kothari. Simultaneously, Sri Deepak Kothari and Smt. Arti Kothari sold 200,000 and 600,000 equity shares respectively to Sri Mitesh Kothari.Details of the Transaction The transactions were executed on March 27, 2026, in the form of inter-se transfers. Acquisition Details (Mitesh Kothari)DetailValueNumber of Shares...

Quicktouch Technologies Limited Announces Director Resignations Quicktouch Technologies Limited announced the resignation of two directors on March 28, 2026. Mr. Krishnan (DIN: 07034128), a Non-Executive Director, resigned with effect from March 31, 2026, citing increased professional commitments and time constraints. Mr. Vinod Aggarwal (DIN: 02069422), an Independent Director, resigned with effect from March 28, 2026, due to personal reasons. Both directors confirmed there were no other material reasons for their resignations.ParticularsDetailsReason for ChangeMr. Krishnan (DIN: 07034128) resigned due to increased professional commitments and time constraints. Mr. Vinod Aggarwal (DIN: 02069422) resigned due to personal reasons...

Manappuram Finance Receives Disclosure for Substantial Acquisition of Shares and Warrants Manappuram Finance Limited announced it received a disclosure under Regulation 18(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, from BC Asia Investments XXV Limited ('Investor 1') and BC Asia Investments XIV Limited ('Investor 2'). Collectively, the investors are referred to as the 'Investors.'The disclosure pertains to the allotment of equity shares and warrants to the Investors. Specifically, Investor 1 was allotted 9,29,01,373 equity shares, while Investor 2 received 9,29,01,373 warrants. This allotment was made by the company's Committee of Directors - Preferential Issue on March 27, 2026, and is based on...

Ram Ratna Wires Ltd. Announces Capacity Expansion at Silvassa Unit Ram Ratna Wires Ltd. announced on Saturday, March 28, 2026, that its Board of Directors approved capital expenditure for capacity expansion and process enhancement at its existing manufacturing units located in Silvassa, Dadra & Nagar Haveli and Daman & Diu.The company’s current production capacity is approximately 45,500 metric tons per annum, with a utilization rate of around 80%. The approved expansion will add 3,600 MT/annum to the existing capacity. The expansion is expected to be completed within 12 months, by March 2027.The investment required for this project, including infrastructure development and process enhancement, is approximately Rs. 86 crore, to be...

Oberoi Realty Enters Development Agreement for Peddar Road Redevelopment Oberoi Realty Limited announced today, March 28, 2026, that it has entered into a Development Agreement with two housing societies located on M.L. Dahanukar Marg and Dr. G. Deskhmukh Marg, Peddar Road, Mumbai. The agreement pertains to the redevelopment of lands encompassing approximately 4,800 square meters, accounting for setback areas.The redevelopment project is expected to yield a free sale component of up to 140,000 square feet, measured as RERA Carpet area. This entitlement is contingent upon the provisions outlined in the Development Control & Promotion Regulations for Greater Mumbai, 2034, and applicable law.Bhaskar Kshirsagar, Company Secretary...

Medplus Health Services Schedules Board Meeting to Review FY26 Financial Results Medplus Health Services Limited announced that a Board of Directors meeting is scheduled for May 29, 2026, to review and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The financial results will be submitted to the stock exchanges following the meeting and will also be available on the company’s website and published in newspapers.In accordance with SEBI regulations, the trading window for designated individuals will be closed from April 1, 2026, to May 31, 2026, inclusive, during the period of results declaration. Information related to the financial results will be accessible on...

Blue Cloud Softech Solutions Ltd. Schedules Board Meeting, Considers Share Capital Increase and Preferential Issue Blue Cloud Softech Solutions Ltd. announced a board meeting scheduled for Saturday, April 4, 2026, at the company’s registered office. The meeting agenda includes consideration of a proposal to increase the company’s authorized share capital.The board will also consider and potentially authorize a preferential issue of equity shares, in accordance with the Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, pending necessary regulatory and statutory approvals, including shareholder approval.A date for an Extraordinary General Meeting to obtain shareholder approval for...

CLN Energy Ltd. Establishes Wholly-Owned Subsidiary in Dubai CLN Energy Ltd. announced the incorporation of a wholly-owned subsidiary, C L N General Trading L.L.C., in Dubai, United Arab Emirates, completing the process on March 28, 2026. This development follows an earlier intimation dated January 28, 2026.The newly formed subsidiary will operate in the clean energy sector, focusing on trading, marketing, distribution, import, and export of clean and renewable energy products, solutions, and technologies for stationary energy applications.The investment in C L N General Trading L.L.C. totals INR 25,68,000, equivalent to AED 1,00,000, representing a 100% subscription to the equity share capital in cash.As a wholly-owned...

Magson Retail and Distribution Expands Retail Presence with New Stores in Gujarat Magson Retail and Distribution Limited announced a strategic expansion of its retail presence with the opening of new stores in Jamnagar and Gandhidham, Gujarat, effective March 29, 2026.The new store locations are:Shop No 1 & 2 The Prime-2, P.N.Marg, Jamnagar-361008 Gujarat, India GF-1 ARJUN, Plot no 19 Ward 6 (Commercial) Gandhidham, Kutch-370201 Gujarat IndiaWith these additions, Magson Retail and Distribution Limited now operates a total of 40 stores across more than 10 cities in 3 states.Source: