Markets

Sobhagya Mercantile Ltd. Allots Equity Shares Following Warrant Conversion Sobhagya Mercantile Limited announced the allotment of 1,048,500 equity shares on March 27, 2026, resulting from the conversion of convertible warrants. The allotment was made to non-promoter entities.The company received Rs. 53,04,02,073.75 from the conversion. The exercise price for the warrants was Rs. 505.8675 per warrant, resulting in an issue price of Rs. 674.49 per equity share.Warrant Conversion DetailsInvestorCategoryWarrants Allotted (March 11, 2024)Equity Shares Allotted (March 27, 2026)LEGENDS GLOBAL OPPORTUNITIES (SINGAPORE) PTE. LIMITEDNon-Promoter6,50,5006,50,500VENUS INVESTMENTS VCC-VENUS STELLAR FUNDNon-Promoter3,98,0003,98,000...

Shemaroo Entertainment Ltd. Allots Shares in Preferential Issue Shemaroo Entertainment Ltd. announced on March 27, 2026, the allotment of equity shares through a preferential issue. The company’s Preferential Issue Committee approved the allotment of 14,10,000 equity shares at a price of Rs. 110 per share, including a premium of Rs. 100 per share. This transaction aggregates to a total of Rs. 15.51 crores, intended for the repayment/appropriation of existing unsecured debt.The shares were allotted to four promoters and promoter group entities: Atul Hirji Maru, Raman Hirji Maroo, Hiren Uday Gada, and Jai Buddhichand Maroo, each receiving 3,52,500 shares.The company is expected to apply to the stock exchanges for listing and trading...

Polycab India’s Acquisition of Uniglobus Electricals Completed Polycab India Limited announced today, March 27, 2026, the completion of its amalgamation with Uniglobus Electricals and Electronics Private Limited. The move follows the approval of the Scheme of Amalgamation by the National Company Law Tribunal, Ahmedabad Bench, on February 27, 2026.The certified copy of the NCLT order was filed with the respective jurisdictional Registrar of Companies on March 27, 2026, making the Scheme of Amalgamation effective immediately. This brings to fruition the previously disclosed plan, initially announced on February 28, 2026.Source:

Nagarjuna Fertilizers and Chemicals Limited Faces Setback in International Arbitration Dispute Nagarjuna Fertilizers and Chemicals Limited announced on March 27, 2026, that the Hon'ble High Court of Bombay has ruled against the company in enforcement proceedings related to an International Arbitration Award issued in September 2016. The award pertains to matters involving M/s. Trammo DMCo and alleged contracts for fertilizer purchases.The company maintains that the Arbitration Award was obtained based on manipulated documents and misrepresentation of facts by the supplier. Nagarjuna Fertilizers had previously filed a Criminal Complaint against the supplier and its officials and has been contesting the enforcement of the award in the...

Century Enka Limited to Acquire Additional Shares in ABREL Century Energy Limited Century Enka Limited announced on March 27, 2026, that it has applied for an additional 37,96,086 equity shares of ABREL Century Energy Limited (ABRELCEL), a Special Purpose Vehicle (SPV). The acquisition is being pursued through a rights issue.The move aims to maintain a minimum 26% equity shareholding in ABRELCEL, fulfilling the requirements of the Electricity Act, 2003, and Electricity Rules, 2005 to qualify as a Captive User of the Power Producer.ABRELCEL, incorporated on March 10, 2022, operates within the Wind-Solar Hybrid Energy Projects industry, with a turnover of Rs. 1,949.10 Lakhs as of March 31, 2025. The transaction qualifies as a related...

Canara Robeco Schedules Board Meeting to Review FY26 Financial Results Canara Robeco Asset Management Company Ltd. announced that a meeting of its Board of Directors is scheduled for Monday, April 27, 2026. The primary agenda for the meeting is to consider and approve the audited standalone financial results for the quarter and year ended March 31, 2026.In accordance with the SEBI (Prohibition of Insider Trading) Regulations, the trading window for the company’s securities will be closed starting Wednesday, April 1, 2026. The trading window will remain closed until the declaration of the financial results and for two days thereafter, affecting designated and connected persons, along with their immediate relatives.The company’s stock...

Latent View Analytics Schedules Meetings with ICICI Securities and Prabhudas Lilladher Latent View Analytics Limited announced it will hold one-on-one meetings with ICICI Securities Ltd. and Prabhudas Lilladher Pvt. Ltd. on March 27, 2026. The discussions will focus on industry and company-specific developments already in the public domain. The meetings will be conducted virtually. According to the company, no unpublished price-sensitive information was shared during the meetings.DateAnalyst/Institutional Investor/ EventDiscussionVenueType of meetingMarch 27, 2026ICICI Securities Ltd. Prabhudas Lilladher Pvt. Ltd.Industry/Company- specific developments already in the public domainVirtualOne-on-oneSource:

Symphony Ltd. Announces Departure of Executive Director and Group CEO Symphony Ltd. announced that Amit Kumar’s resignation as Executive Director and Group CEO will be effective from the close of business hours on March 27, 2026. This follows a previous notification on January 28, 2026, regarding Kumar’s intention to resign.Kumar’s resignation letter, which details his reasons for leaving to pursue other interests and opportunities, is available as an attachment. As a result of his departure from the Board, Kumar will also cease to hold membership in the Risk Management Committee, effective immediately.In his resignation letter, Kumar expressed gratitude to CMD Achalbhai, MD Corporate Affairs Nrupeshbhai, and the Board for their...

PNG Jewellers Expands Retail Presence with New Store in Varanasi Varanasi, March 27, 2026 – PNG Jewellers, a leading national jewellery brand in India, has launched a new store in Varanasi, Uttar Pradesh, expanding its retail footprint in Central India. The new store, located on Sigra Chauraha Road, marks the 76th overall store for PNG Jewellers and its fourth location in Uttar Pradesh.The grand opening was attended by actress and brand ambassador Madhuri Dixit. The 6,000 sq ft store features a wide selection of gold, diamond, and bridal jewellery, including collections such as Saptam, Katha, Pratha, Eiina, and Polmi.To celebrate the launch, PNG Jewellers introduced limited-period inaugural offers, including a flat 50% discount on...

Automobile Products of India Ltd. Schedules Board Meeting to Finalize Rights Issue Details Automobile Products of India Ltd. announced on March 27, 2026, that a board meeting is scheduled for April 3, 2026. The meeting will focus on approving the Rights Issue Price and related matters pertaining to a previously approved rights issue.The company’s board had previously approved a rights issue on February 9, 2026, to raise up to ₹14,00,000. The rights issue will be conducted in accordance with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The face value of each equity share is ₹1.Source:

Rexpro Enterprises Ltd. Receives Income Tax Assessment Order and Demand Notice Rexpro Enterprises Limited, formerly Rexpro Enterprises Pvt Ltd, announced receipt of an Income Tax Assessment Order and Demand Notice from the Income Tax Department. The order, issued under Section 143(3) read with Section 144B of the Income-tax Act, 1961, pertains to the Assessment Year 2024-25 and includes a Demand Notice under Section 156.The total demand raised by the Income Tax Department amounts to Rs. 11,75,74,500. The Assessment Order includes disallowances of consumable expenses, additions under Section 69C for unexplained expenditure, and additions under Section 68 for unexplained trade payables.Rexpro Enterprises Limited received the notice on...

Vividhmargi Investments Completes Share Vesting in Themis Medicare Following Amalgamation Mumbai – Vividhmargi Investments Private Limited has completed the acquisition of shares in Themis Medicare Limited as a result of a recent amalgamation scheme. The change occurred on March 24, 2026, following the approval of the Scheme of Amalgamation of Vividh Distributors Private Limited and Themis Distributors Private Limited with Vividhmargi Investments Private Limited.The amalgamation, approved by the Central Government acting through the Regional Director, Western Region, Ministry of Corporate Affairs on February 23, 2026, resulted in the equity shares held by Vividh Distributors Private Limited and Themis Distributors Private Limited in...

Apeejay Surrendra Park Hotels Limited Announces Insider Trading Disclosure Kolkata – March 27, 2026 – Apeejay Surrendra Park Hotels Limited announced that Ms. Indrani Dasgupta Paul, a member of the Promoter Group and immediate relative of a Promoter, acquired 9,700 equity shares, representing 0.00455% of the paid-up equity share capital of the company.According to a regulatory filing, Ms. Paul held 9,380 fully paid-up equity shares (0.00440%) prior to the acquisition. Following the purchase, her total holdings increased to 19,080 fully paid-up equity shares, representing 0.00894% of the company’s equity. The transaction, valued at 995.317, was executed on the National Stock Exchange (NSE) on March 27, 2026.The disclosure was made in...

Fractal Analytics Appoints Shashidhar Ramakrishnaiah as Senior Management, Mrunali Nikunj Majmudar Departs Fractal Analytics Ltd. announced changes to its senior management team on March 27, 2026. Mr. Shashidhar Ramakrishnaiah has been appointed as Senior Management, effective March 27, 2026, based on a recommendation from the Nomination and Remuneration Committee. Simultaneously, Mrs. Mrunali Nikunj Majmudar has ceased to be part of the Senior Management, effective at the close of business hours on March 27, 2026, following a mutual agreement.Mr. Shashidhar Ramakrishnaiah, the Company’s Chief Technology Officer, brings over three decades of experience in enterprise transformation across digital, data, cloud, and AI. He has previously...

Fiem Industries Secures Shareholder Approval for Vineet Sahni's Re-appointment Fiem Industries Limited announced that shareholders have approved the re-appointment of Mr. Vineet Sahni as CEO & Whole-time Director (Key Managerial Personnel) for a further term of 3 years, effective from May 1, 2026. The resolution followed a postal ballot concluded on March 27, 2026, and was confirmed by Mrs. Ranjana Gupta, Proprietor of M/s Ranjana Gupta & Associates, the Scrutinizer for the postal ballot.Mr. Sahni, whose Director Identification Number (DIN) is 03616096, joined Fiem Industries in May 2023. Prior to that, he served as Group CEO & Sr. Executive Director in Lumax Group, and has held leadership positions with Tata Motors, Minda Group...

Bank of Baroda Receives Funds from Overseas Subsidiary Bank of Baroda announced it has received funds from its overseas subsidiary, Bank of Baroda (UK) Ltd., on March 27, 2026. The transaction involved a repatriation of funds in the form of capital reduction.The amount received was GBP 75,000,000.DetailInformationSubsidiary NameBank of Baroda (UK) Ltd.Amount ReceivedGBP 75,000,000Date of ReceiptMarch 27, 2026Transaction TypeCapital ReductionSource:

Bank of India Faces Monetary Penalty from Reserve Bank of India Bank of India announced today that it has received a monetary penalty of Rs. 58,50,000 from the Reserve Bank of India. The penalty was levied on March 27, 2026.The penalty relates to the imposition of service charges, inspection charges, and processing charges on Priority Sector Lending (PSL) accounts up to Rs. 25,000, and for failing to pay the rate of interest on Term Deposit Receipts (TDRs) from the date of maturity until the TDRs were encashed.According to Bank of India, the monetary penalty is not expected to have a material impact on the bank’s financial, operational, or activities. Source:

Symphony Ltd. Invests AUD 25 Million in Australian Subsidiary Symphony Ltd. announced an investment of AUD 25 million (approximately ₹165 crores) in its wholly owned subsidiary, Climate Holdings Pty Limited (CHPL), Australia, on March 27, 2026. The investment will be used to reduce debt and optimize the company’s financial structure within its Australian operations.The equity infusion is fully funded through Symphony Ltd.’s surplus treasury. The funds will primarily be allocated to prepay AUD 20 million (approximately ₹132 crores) of an outstanding acquisition loan at CHPL and AUD 5 million (approximately ₹33 crores) towards the working capital borrowings of Climate Technologies Pty Ltd (CTPL), an operating subsidiary of CHPL...

Satani Bearings Ltd. Reschedules Board Meeting, Announces Additional Agenda Items Satani Bearings Ltd. has rescheduled its Board of Directors meeting to Thursday, April 2, 2026. The change is due to the addition of agenda items not included in the previous intimation dated March 26, 2026.The Board will now consider the following items:1. Approval of the sub-division of Equity Shares. 2. Approval of a proposal to change the Object Clause of the Memorandum of Association of the Company.The meeting will also address previously intimated agenda items. Satani Bearings Ltd. is headquartered at 103, B Wing Ansa Industrial Estate, Sakinaka, Andheri (East), Mumbai. The company’s stock trades on the Bombay Stock Exchange under the script...

PNC Infratech Completes Sale of Equity Stake in Road Project New Delhi, March 27, 2026: PNC Infratech Limited, along with its wholly owned subsidiary, PNC Infra Holdings Limited, announced the successful completion of the sale of its equity stake in PNC Challakere (Karnataka) Highways Private Limited to Vertis Infrastructure Trust ('VIT'), an Infrastructure Investment Trust sponsored by affiliates of KKR.This transaction concludes the final tranche of a strategic divestment initiative that began in January 2024. Under this initiative, PNC Infratech entered into definitive agreements with VIT to divest a portfolio of 12 road assets, consisting of 11 National Highway Hybrid Annuity Mode (HAM) projects and 1 State Highway BOT (Toll)...