Markets

Cipla Announces Departure of Global Chief Scientific Officer Cipla Ltd. announced the resignation of Mr. Pradeep Bhadauria, the company’s Global Chief Scientific Officer and a member of the Management Council. Mr. Bhadauria, who also held a position as an employee of Cipla USA Inc., a wholly owned subsidiary of Cipla, is leaving to pursue interests outside the company.His last day of employment will be March 31, 2026. The company has requested that the exchanges take note of this information.Source:

Rane Holdings Limited Approves Director Compensation via Postal Ballot Rane Holdings Limited (RHL) announced on March 26, 2026, that shareholders have approved a special resolution to authorize payment of commission to Non-Executive Directors and Independent Directors. The approval followed a postal ballot concluded on March 26, 2026.A total of 16,375 shareholders were on record as of February 20, 2026. A total of 76,98,071 shares were polled, representing 53.92% of the outstanding shares. Shareholders in favor of the resolution totaled 74,91,719, representing 97.32% of the votes polled.The e-voting process commenced on February 25, 2026, and concluded on March 26, 2026. The votes were unblocked on March 26, 2026, in the presence...

DCX Systems Ltd. Receives New Purchase Orders Valuing INR 18.87 Crores DCX Systems Ltd. announced the receipt of new purchase orders totaling approximately INR 18.87 Crores as part of its normal business operations. The company received purchase orders amounting to INR 8.92 Crores for the manufacture and supply of Cable and Wire Harness Assemblies to both domestic and international customers.Additionally, a wholly-owned subsidiary, Raneal Advanced Systems Pvt. Ltd., secured purchase orders valued at INR 9.95 Crores. These orders pertain to the manufacture and supply of Printed Circuit Board Assemblies for customers spanning both domestic and international markets.Source:

GMM Pfaudler Ltd. Reconstitutes Board Committees GMM Pfaudler Ltd. announced changes to the composition of its Board Committees, effective April 1, 2026. The changes were approved at a Board of Directors meeting held on March 26, 2026.Audit CommitteeThe Audit Committee now includes Ms. Shilpa Nirula as Chairperson, with Mr. Prakash Apte, Mr. Nakul Toshniwal, and Mr. Vivek Bhatia serving as members.Nomination & Remuneration CommitteeMs. Bhawana Mishra will chair the Nomination & Remuneration Committee, alongside members Mr. Prakash Apte, Mr. Nakul Toshniwal, and Ms. Shilpa Nirula.Risk Management CommitteeMr. Vivek Bhatia will lead the Risk Management Committee. Members include Mr. Prakash Apte, Mr. Ashok Patel, Mr. Raghav...

JSW Energy Completes Acquisition of Raigarh Champa Rail Infrastructure Private Limited JSW Energy Ltd. announced the completion of its acquisition of Raigarh Champa Rail Infrastructure Private Limited (RCRIPL) through the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.RCRIPL provides railway infrastructure services to JSW Mahanadi Power Company Limited (JMPCL), which owns a 3,600 MW thermal power plant in Chhattisgarh. The acquisition will enable operational control and efficiency in managing railway infrastructure services to the JMPCL Plant for its entire 3,600 MW capacity.As part of the resolution plan, the consideration amount is ₹ 700.10 crores, through a combination of cash and the...

Krishna Capital and Securities Ltd. Committee Approves Preferential Issue and Potential Change in Control Krishna Capital and Securities Ltd. announced on March 26, 2026, that its Committee of Independent Directors has approved a proposed preferential allotment of 3,00,00,000 Equity Shares. The allotment is intended for a non-promoter, with two proposed allottees, Mr. Ashu Jagmalaram Bishnoi and Mr. Yagnik Bharatkumar Tank, potentially being classified as promoters following an open offer under the Securities and Exchange Board of India (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011. This transaction is expected to result in a change in control for the company.The preferential issue price has been set at Rs. 20...

Krishna Capital and Securities Ltd. Increases Authorized Share Capital and Approves Share Purchase Agreement Krishna Capital and Securities Ltd. announced several key decisions following a board meeting held on March 26, 2026. The company approved an increase in its authorized share capital from Rs. 4,00,00,000 to Rs. 34,00,00,000, and approved a Share Purchase Agreement (SPA) involving promoters and Mr. Ashu Jagmalaram Bishnoi and Mr. Yagnik Bharatkumar Tank.Under the SPA, the acquirers have agreed to acquire up to 13,53,892 equity shares, representing 42.87% of the company's paid-up equity share capital, at a consideration of up to Rs. 20 per share. This transaction will require the acquirer to make an open offer to the company’s...

Titagarh Rail Systems Receives Letter of Intent for Wagon Leasing Contract Titagarh Rail Systems Ltd. announced it has received a Letter of Intent (LOI) from Balmer Lawrie & Co. Ltd. for a wagon leasing contract, marking the company's first successful venture in the wagon leasing business. The LOI, dated March 24, 2026, follows a wagon leasing license agreement signed with Indian Railways on February 9, 2026.Under the terms of the contract, Titagarh Rail Systems will serve as the Lessor, providing 2 BFNS 22.9T rakes – a total of 43 wagons with a 4% spare capacity (2 wagons) – for a period of 10 years. These rakes will transport HR Coils, Sheets & Plates, adhering to the latest approved drawings from RDSO. The contract's effective date...

Hilton Metal Forging Limited Secures Contract to Supply Artillery Shells Hilton Metal Forging Limited announced on March 26, 2026, that it has secured a contract to supply 3,60,000 Standard 155mm M107 empty bomb artillery shells. The contract is with a domestic entity, the name of which has not been disclosed due to confidentiality.Under the terms of the agreement, Hilton Metal Forging Limited will supply the shells at a rate of 15,000 units per month over a 24-month period. The total consideration for the contract is approximately Rs. 720.00 Crores, contingent upon the approval of a sample batch of 10 pieces and the receipt of an advance payment following prototype approval.Yuvraj Malhotra, Chairman & Managing Director of Hilton...

Vels Film International Limited Approves Corporate Guarantee for Subsidiary Vels Film International Limited announced that its Board of Directors approved a corporate guarantee for M/s. Vels D Studio LLP during a meeting held on March 26, 2026. The guarantee is in favor of Bank of Baroda, R.K. Nagar Branch, Chennai, to secure credit facilities amounting to Rs. 3,44,85,000.The credit facilities consist of a Cash Credit Facility of Rs. 2,00,00,000 and a Term Loan Facility of Rs. 1,44,85,000. M/s. Vels DStudio LLP is a group entity of Vels Film International Limited, and the transaction was undertaken on an arm's length basis. The guarantee covers all amounts due and payable by the borrower under the sanction terms and loan documents...

Bondada Engineering Ltd. Incorporates Subsidiary for Power Project Bondada Engineering Limited announced the incorporation of a subsidiary company, BONDADA DINESH SPV PRIVATE LIMITED, on March 26, 2026. The new subsidiary has been established as a Special Purpose Vehicle (SPV) to execute and implement a project awarded by Maharashtra State Power Generation Company Limited (MAHAGENCO) to a consortium comprising Bondada Engineering Limited and Dinesh Engineers Limited.The formation of the SPV aligns with the terms and conditions of the Request for Proposal (RFP) and the Letter of Award (LOA) for the project, which mandate a project-specific entity to fulfill contractual obligations including execution, financing, and operation.Details...

MIRC Electronics Ltd. Schedules Board Meeting to Consider Stock Options and Name Change MIRC Electronics Ltd. announced that a Board of Directors meeting is scheduled for Tuesday, March 31, 2026, in Mumbai. The meeting agenda includes several key decisions.The Board will consider and approve the grant of stock options exceeding 1% of the issued capital, excluding outstanding warrants and conversions, to one employee under the 'MIRC Electronics Employee Stock Option Plan 2023'.Additionally, the Board will address a proposal to change the company name.Finally, the meeting will involve approval of the notice for an Extraordinary General Meeting.Vijay Mansukhani, Chairman and Managing Director, confirmed the details.Source:

Methodhub Software Ltd. to Acquire U.S. Company, Establishing Wholly Owned Subsidiary Methodhub Software Ltd. announced plans to acquire a 100% shareholding in a U.S.-based company. The acquisition will establish a wholly owned subsidiary of Methodhub Software Ltd.The company intends to seek approval for the acquisition at a board meeting scheduled for Monday, March 30, 2026. Further details regarding the acquisition will be provided at a later date. The Scrip Code of Methodhub Software Ltd. is 544637 on the BSE Limited.Source:

Balrampur Chini Mills to Engage with Kotak Securities Analysts and Investors Balrampur Chini Mills Limited announced it will participate in a group meeting hosted by Kotak Securities on April 2, 2026. The meeting will be held virtually.An investor presentation related to the meeting has been uploaded to the company’s website at www.chini.com. Discussions during the interaction will be based on publicly available information, and no unpublished price sensitive information will be disclosed.The company noted that the meeting schedule is subject to change due to unforeseen circumstances. Additional follow-up interactions with analysts and officials may occur at a later date.Balrampur Chini Mills Limited operates factories in...

ICICI Prudential Asset Management Company Ltd. Schedules Board Meeting to Review Financial Results ICICI Prudential Asset Management Company Ltd. announced a board meeting scheduled for Monday, April 13, 2026, to consider and approve the audited financial results for the quarter and year ending March 31, 2026.In compliance with regulatory guidelines, the trading window for securities of the company will be closed for designated individuals and their immediate relatives from Wednesday, April 1, 2026, to Wednesday, April 15, 2026, inclusive. The company's stock trades under Scrip code: 544658 on the BSE Limited and NSE Symbol: ICICIAMC.Source:

Digjam Ltd. Reports Approval of Resolutions via Postal Ballot Digjam Ltd. announced that resolutions were approved by its members through remote e-voting in a Postal Ballot, concluding on March 26, 2026. The company, a FINQUEST Group Company, reported that all resolutions detailed in the Postal Ballot Notice dated February 24, 2026, were duly approved in accordance with the Companies Act, 2013.Key Resolutions Approved The approved resolutions include approvals for material related-party transactions with M/S Reid & Taylor International Private Limited (formerly known as Krihaan Texchem Private Limited) for the financial year 2026-27 and approvals related to borrowing limits and the creation of charges/mortgages for borrowings.Voting...

Zee Entertainment Enterprises Limited Approves FCCB Redemption, Subsidiary Transfers, and Investments Zee Entertainment Enterprises Limited announced several key decisions made by its Board of Directors on March 26, 2026. The board approved the redemption of outstanding Foreign Currency Convertible Bonds (FCCBs) amounting to USD 23.90 million, alongside the cancellation of an unutilized commitment of USD 215.1 million. This action follows requests from bondholders citing current geopolitical conditions and capital allocation strategies.Additionally, the company approved the sale and transfer of its content syndication and licensing business, along with associated assets and liabilities, to its wholly-owned subsidiary, ZI-IPR...

Hilton Metal Forging Limited Enters into Interim Sales Agreement for Supply of Artillery Shells Mumbai, March 26, 2026 – Hilton Metal Forging Limited announced that it has entered into an Interim Sales Agreement for the supply of 360,000 standard 155mm M107 empty bomb artillery shells.The agreement, with a structured delivery schedule of 15,000 units per month, will be executed over a 24-month period. The total value of the order is approximately Rs. 720.00 crore.Key Terms of the AgreementOrder Size: 360,000 empty artillery shells (approximately Rs. 720.00 crore) Execution Timeline: 24 months, with a mutually agreed grace period. Payment Terms: Rolling advance equivalent to 50% of three months' supply, with monthly invoicing...

ICICI Lombard General Insurance Company Ltd. Allots Equity Shares ICICI Lombard General Insurance Company Ltd. announced the allotment of 132,558 equity shares on March 26, 2026. The allotment occurred under two employee benefit schemes.A total of 131,958 equity shares were allocated under the ICICI Lombard Employees Stock Option Scheme-2005, while 600 equity shares were allocated under the ICICI Lombard - Employees Stock Unit Scheme-2023.The Stakeholders Relationship Committee approved the allocation of 12,590 equity shares to a Whole-time Director. An additional 119,968 equity shares were allocated to other eligible option/unit holders, with approval delegated by the Board of Directors to the Whole-time Director.The allotment of...

Aptus Pharma Limited Seeks Shareholder Approval for Capital Increase and Bonus Shares Aptus Pharma Limited has initiated a postal ballot to seek shareholder approval for increasing the company’s authorized share capital and issuing bonus shares. The move, announced on March 26, 2026, follows a board meeting on March 24, 2026.The company proposes to increase the authorized share capital from INR 71,50,00,000, comprising 71,50,000 equity shares of INR 10 each, to INR 25,00,00,000, divided into 2,50,00,000 equity shares of INR 10 each. Simultaneously, the company plans to issue bonus shares in a ratio of 3:2, equivalent to 3 bonus equity shares for every 2 existing shares held.The voting period for the postal ballot will be as follows...