Markets

Ansal Properties & Infrastructure Ltd. Committee of Creditors Approves Expenses and Representative Fee Ansal Properties & Infrastructure Limited announced the outcome of the 50th Meeting of the Committee of Creditors (COC) for the Fernhill Project, held on March 23, 2026. The meeting’s results were disclosed on March 27, 2026.The Committee of Creditors approved expenses incurred during the Corporate Insolvency Resolution Process (CIRP) period up to March 15, 2026, and ratified the fee payable to Aakriti Sood, the Authorized Representative of the financial creditors representing homebuyers.The Fernhill Project, located in Gurugram, Haryana, is currently managed by Resolution Professional Jalesh Kumar Grover. The matter is subject to...

PH Capital Ltd. Appoints Vijay Solanki as Chief Financial Officer Mumbai – March 27, 2026 – PH Capital Ltd. announced the appointment of Mr. Vijay Solanki as Chief Financial Officer (CFO) and Key Managerial Personnel, effective March 27, 2026. The decision was made by the Board of Directors at a meeting held today.Mr. Solanki brings over 30 years of experience in accounting, finance, audit, and taxation to the role.The Board meeting commenced at 3:45 P.M. and concluded at 5:30 P.M.Source:

Pajson Agro India Ltd. Announces Resignation of Chief Financial Officer Pajson Agro India Ltd. announced on March 27, 2026, that Ajit Kumar has resigned from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company, effective March 31, 2026, following the close of business hours. The resignation is attributed to personal reasons.Mr. Kumar confirmed that there are no other material reasons for his departure beyond those stated in his resignation letter.The company's Board of Directors acknowledged Mr. Kumar’s resignation during a meeting held on March 27, 2026, which commenced at 3:35 P.M. and concluded at 3:55 P.M.Details Regarding the Change The following table summarizes the key details of...

Dredging Corporation of India Limited Announces 50th Anniversary, Expansion Roadmap, and ₹73,000 Crore Growth Target Visakhapatnam, March 27, 2026: Dredging Corporation of India Limited (DCIL) marked its 50th anniversary, outlining an ambitious expansion roadmap and a target of ₹73,000 crore in growth. Established on March 29, 1976, as a Central Public Sector Enterprise, DCIL has played a significant role in India's port infrastructure and maritime development.Managing Director & CEO Capt. S Divakar highlighted the company’s growth trajectory, operational priorities, and long-term strategic roadmap during the Golden Jubilee celebrations.DCIL's technical capacity has seen substantial growth, with hopper capacity increasing from 3,500...

Craftsman Automation Increases Equity Investment in RC Green Powers Private Limited Craftsman Automation Ltd. announced a further equity investment of Rs. 39,500 in RC Green Powers Private Limited (RCGPPL) on March 27, 2026. The investment comprises 3,950 equity shares with a face value of Rs. 10 each, representing a 2.63% stake in RCGPPL. This investment supports wind power initiatives under the Group Captive Scheme, as mandated by the Electricity Act, 2003.Following this additional investment, Craftsman Automation’s total equity shareholding in RCGPPL now stands at 3.51%. The company may continue to acquire or dispose of equity shares in RCGPPL to maintain compliance with ownership and consumption criteria stipulated by the...

Future Market Networks Ltd. Allots Equity Shares Following Warrant Conversion Future Market Networks Ltd. announced on March 27, 2026, that its Board of Directors approved the conversion of 30,00,000 convertible warrants into 30,00,000 equity shares. The conversion was executed at a price of Rs. 1.21 per equity share.The equity shares were allotted to Surplus Finvest Private Limited, a promoter group entity. The total amount received from the conversion was Rs. 25,222,500.A table summarizing the details of the warrant conversion is provided below:ParticularsDetailsType of security proposed to be issuedEquity Shares of face value Rs. 10/- each upon exercise of option to convert warrants.Type of issuanceConversion of...

Gujarat Fluorochemicals Subsidiary GFCL EV Raises USD 80 Million in Additional Funding Noida, March 27, 2026 – Gujarat Fluorochemicals Limited (GFL), India's leading fluorochemicals company, announced that its subsidiary, GFCL EV, a global integrated battery materials company, has secured an additional USD 80 million from a global investor. This investment complements the previously raised USD 50 million from the International Finance Corporation (IFC), a member of the World Bank Group (WBG).The funding will support high-value manufacturing, job creation, strengthen GFCL EV's position in global supply chains, and advance priorities of energy security, transport electrification, and local value creation.GFCL EV aims to reinforce...

Craftsman Automation Limited Extends Deadline for Asset Sale to Shriram Pistons & Rings Coimbatore – March 27, 2026 – Craftsman Automation Limited announced an extension to the long stop date for the asset purchase agreement with Shriram Pistons & Rings Limited (SPRL). The agreement, initially entered into on December 19, 2025, and previously updated on December 31, 2025, concerns the sale of certain plant and machinery and related assets for the Piston Manufacturing Business.The long stop date has been extended from March 31, 2026, to June 30, 2026. An amendment agreement was executed on March 27, 2026, to reflect this change. The closing formalities for the second tranche of the proposed transaction are now anticipated to be...

State Bank of India Shareholders Approve Material Related Party Transactions State Bank of India (SBI) held a General Meeting of shareholders on March 27, 2026, conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting commenced at 3:00 PM (IST) and concluded at 3:35 PM (IST).Shareholders at the meeting approved several material related-party transactions involving the bank and various entities. These transactions included dealings with SBI Life Insurance Company Limited, SBI Cards and Payments Services Limited, SBI Payment Services Private Limited, SBI DFHI Limited, SBI (Mauritius) Limited, PT Bank SBI Indonesia, Nepal SBI Bank Limited, Yes Bank Limited, SBI Capital Markets Limited, SBI General Insurance...

AK Capital Services Ltd. Invests INR 25 Crores in Subsidiary A. K. Capital Finance Limited Mumbai, March 27, 2026 – AK Capital Services Limited announced that its Banking and Investment Committee approved an investment of INR 25 crores in its subsidiary, A. K. Capital Finance Limited (AKCFL). The investment will be made through the subscription of 25,00,000 Non-Cumulative Compulsorily Convertible Preference Shares (CCPS) with a face value of INR 100 each.AKCFL, registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit Accepting Middle Layer Non-Banking Financial Company (NBFC-ND-SI), is categorized as an Investment and Credit Company (NBFC-ICC). The capital infusion is intended to meet AKCFL’s general...

Arco Leasing Ltd. Announces Resignation of Chief Financial Officer Mumbai – March 27, 2026 – Arco Leasing Ltd. announced today the resignation of Mr. Narendra Mahavirprasad Ruia, the company’s Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective March 27, 2026. The resignation is due to other professional commitments.Mr. Ruia has requested to be removed as an authorized signatory from all bank accounts and financial instruments of the company, effective immediately. Arco Leasing Ltd. will initiate the process of informing the Registrar of Companies (RoC), stock exchanges, and other relevant regulatory and financial institutions regarding the change.Mr. Ruia confirmed that there are no other material reasons...

Vraj Iron and Steel Limited Receives Approval for Promoter Company Merger Vraj Iron and Steel Limited announced that the scheme of merger by absorption of Kirti Ispat Private Limited ("KIPL"), Utkal Ispat Private Limited ("UIPL"), and V A Transport Private Limited ("VATPL") with Gopal Sponge and Power Private Limited (GSPPL) (Promoter Companies) has been approved by the Hon'ble Regional Director, South East Region, Hyderabad, vide its order dated March 28, 2026.Following the merger, investments held in VATPL within Vraj Iron and Steel Limited will be consolidated with GSPPL, with VATPL, KIPL, and UIPL ceasing to exist. The aggregate holding of the promoters in Vraj Iron and Steel Limited will remain unchanged.The following table...

Computer Age Management Services Ltd. Allots Shares Under Employee Stock Option Scheme Computer Age Management Services Limited (CAMS) announced the allotment of 96,207 equity shares on March 27, 2026, pursuant to the exercise of vested options under its Employees Stock Option Scheme 2019. The allotment was approved by the company's Nomination and Remuneration Committee.The equity shares were allotted at a face value of Rs.02 each and rank pari passu with existing equity shares. Following the allotment, the issued and paid-up equity share capital of the company stands at Rs.49,59,68,996, consisting of 24,79,84,498 equity shares of Rs.2 each.The exercise prices varied for different grants under the scheme, ranging from Rs.143.56 per...

Daikaffil Chemicals India Ltd. Reinstates Company Secretary Jay Patel Daikaffil Chemicals India Ltd. announced on March 27, 2026, that Jay Patel has withdrawn his resignation and been reinstated as Company Secretary & Compliance Officer. Patel previously submitted his resignation on March 18, 2026, with the resignation set to take effect on May 02, 2026.Following discussions with the Nomination and Remuneration Committee and the Board of Directors, Patel’s resignation was revoked and he will continue in his role without interruption. He will also remain a Key Managerial Personnel and Senior Management Personnel of the Company.Raghuram K Shetty, Managing Director, confirmed the change.ParticularsDetailsReason for...

Trident Texofab Ltd. Holds Meeting of Independent Directors Trident Texofab Limited announced that a meeting of its independent directors was held on March 27, 2026. The meeting commenced at 5:00 p.m. and concluded at 5:25 p.m. at 2nd Floor, North Extension, Falsawadi, Begumpura, Nodh 4/165, Sahara Darwaja, Surat-395003, Gujarat.During the meeting, the independent directors reviewed the performance of Non-Independent Directors and the board as a whole. They also reviewed the performance of the Chairman of the Company, considering the perspectives of executive and non-executive directors. Furthermore, the quality, quantity, and timeliness of information flow between the company’s management and the Board were assessed to ensure the...

Bizotic Commercial Ltd. Receives Sixth Tranche of Convertible Warrant Consideration Bizotic Commercial Ltd. announced the receipt of the sixth tranche of consideration related to the allotment of convertible warrants. The Board of Directors approved the receipt during a meeting held on March 27, 2026, in Ahmedabad, Gujarat.The company received Rs. 3,98,07,000 from Bizotic Nexus Private Limited, an entity belonging to the 'Promoter and Promoter Group Category.' The warrants were initially issued at a price of Rs. 290 each, comprised of a face value of Rs. 10 and a premium of Rs. 280.Source:

RSWM Limited Re-appoints Riju Jhunjhunwala as Managing Director, Revises Remuneration for Rajeev Gupta RSWM Limited announced the re-appointment of Riju Jhunjhunwala as Managing Director and a revision in the remuneration of Joint Managing Director Rajeev Gupta on March 27, 2026. The decisions followed a Postal Ballot and were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Riju Jhunjhunwala (DIN: 00061060) has been re-appointed as Managing Director for a period of three years, effective May 1, 2026, to April 30, 2029. Jhunjhunwala is also the Chairman & Managing Director and CEO of RSWM Limited, Vice Chairman of HEG Limited, and Managing Director of Bhilwara Energy...

NCC Limited Announces Resignation of Company Secretary NCC Limited announced the resignation of Mr. Sisir K Mishra from his positions as Company Secretary (Key Managerial Personnel), Compliance Officer, and Nodal Officer. The resignation is effective from the close of business hours on April 6, 2026, as Mr. Mishra pursues a professional opportunity outside the organization.According to a filing, the details regarding the change in personnel are as follows:Disclosure requirementsDetailsReason for changeResignation of Mr. Sisir K Mishra from the positions of Company Secretary (Key Managerial Personnel), Compliance Officer, and Nodal Officer.Date of cessationClose of business hours on April 6, 2026.Profile (in case of...

Sattva Engineering Construction Limited Receives Credit Rating Upgrade from Acuité Ratings & Research Limited Sattva Engineering Construction Limited announced that Acuité Ratings & Research Limited has assigned and upgraded credit ratings for the company’s bank facilities, according to a report dated March 26, 2026.The credit ratings are as follows:FacilitiesAmount (in Crore)RatingRatingLong Term Rating3ACUITE BBB |Stable |AssignedLong Term Rating23.5ACUITE BBB ACUITE BBB-| Stable |Upgraded ( from )Short Term Rating16ACUITE A3+|AssignedShort Term Rating45.5ACUITE A3+ A3 )|Upgraded ( from ACUITEAccording to Acuité Ratings, the rating letter will expire on November 07, 2026, and is...

EMA India Ltd. Approves Amalgamation with Dynalog India Limited Kanpur, India – March 27, 2026 – EMA India Ltd. announced today that its Board of Directors has approved a proposed Scheme of Amalgamation with Dynalog India Limited. The amalgamation is subject to statutory and regulatory approvals, including approval from the National Company Law Tribunal (NCLT).Under the terms of the scheme, EMA India Limited ("Transferor Company") will merge with Dynalog India Limited ("Transferee Company"). The Transferor Company has assets of 590.76 Lakhs and no turnover, while the Transferee Company possesses assets of 9954.27 Lakhs and a turnover of 8582.44 Lakhs.The proposed amalgamation is intended to achieve several objectives, including...