Markets

LE Lavoir Ltd. Receives Fourth Tranche of Consideration for Convertible Warrants LE Lavoir Ltd. announced that its Board of Directors approved the receipt of the fourth tranche of consideration for convertible warrants issued on a preferential basis. The total amount received in this tranche was Rs. 1,22,31,450 from Mrs. Kajal Ashok Jain and Ms. Viha Ashok Jain, both belonging to the non-promoter category.The warrants were issued at a price of Rs. 264.75 each, including a premium of Rs. 254.75 and a face value of Rs. 10.00.The following table details the consideration received by each allottee across the four tranches:Sr. No.Name of the Allottee(s)Category (Promoter / non- promoter)No. of Convertible Warrants held25%...

Cosmic CRF Ltd. Allots Equity Shares Following Warrant Conversion Cosmic CRF Limited (Scrip Code: 543928) announced on March 26, 2026, that its Board of Directors approved the conversion of 18,600 share warrants issued to the Promoter Group into equity shares. Simultaneously, 18,600 fully paid-up equity shares were allotted to the Promoter Group upon the conversion of these convertible warrants.The allotment was made for cash, with the Promoter Group paying a balance exercise price of Rs. 1,210.50 per warrant, totaling Rs. 2,25,15,300. The issue price per share was Rs. 1614, including a securities premium of Rs. 1604.Following the allotment, the issued and paid-up capital of the company stands at Rs. 9,20,62,430, with 92,06,243...

RR Kabel Limited Allots Shares Under Employee Stock Option Plan RR Kabel Limited announced the allotment of 4,448 equity shares on March 26, 2026, pursuant to the RR Kabel Employee Stock Option Plan 2020 (RRKL ESOP 2020). The shares were issued to eligible employees who exercised vested options.The company's paid-up equity share capital has increased from ₹56,55,05,285 (comprising 11,31,01,057 shares of ₹ 5 face value each) to ₹56,55,27,525 (comprising 11,31,05,505 shares of ₹ 5 face value each) following the allotment.Details regarding the share allotment, as mandated by SEBI regulations, are outlined below:ParticularsDisclosure - ESOP SchemesCompany Name and Registered OfficeR R Kabel Limited, Ram Ratna House, Victoria Mill...

Dhariwalcorp Limited Receives Trading Approval for Additional Equity Shares on NSE Dhariwalcorp Limited announced on March 26, 2026, that it has received trading approval from the National Stock Exchange of India Limited (NSE) for an additional issue of 47,007,000 equity shares. These shares, with a face value of Rs. 2 each, were previously allotted under a rights issue.The shares were admitted for listing and trading on the NSE effective March 25, 2026.The details of the listed securities are as follows:Sr. No.Security DescriptionSymbolSeriesNo. of securitiesDistinctive Numbers1Equity shares of Rs. 10/- each allotted under Rights IssueDHARIWALSM4700700047007001 to 94014000The company will now utilize the NSE Electronic...

PFL Infotech Ltd. Schedules Board Meeting, Proposes Office Relocation and Capital Reduction PFL Infotech Ltd. announced that a board meeting is scheduled for March 30, 2026. Several key matters are on the agenda for consideration and approval by the board.The board will consider a proposal to shift the registered office of the company from the state of Telangana to the state of Maharashtra. Additionally, the board intends to evaluate a reduction in the company's paid-up share capital.Further business includes fixing the date, time, and venue for an upcoming Extraordinary General Meeting (EGM) and determining the date for the closure of the company's register of members and share transfer books. The board may also address other...

Exicom Tele-Systems Limited Extends Timeline for IPO Proceeds Utilization Exicom Tele-Systems Limited announced on March 26, 2026, that its Board of Directors has approved an extension of the timeline for utilizing unutilized IPO proceeds. The extension, approved via a circular resolution, allows for the deployment of a portion of these funds up to September 30, 2026.As part of its IPO, the company initially outlined a plan to allocate ₹400 crores towards specific objectives. As of December 31, 2025, ₹381.34 crores had already been utilized, with an additional ₹9.18 crores deployed during the fourth quarter of fiscal year 2025-26.Currently, ₹8.83 crores remain unutilized and are earmarked for Research & Development (R&D). The...

Jetmall Spices and Masala Ltd. Seeks Name Change Jetmall Spices and Masala Ltd. announced on Thursday, March 26, 2026, that its board of directors approved a proposal to change the company’s name. The proposed new names are Artemis ADR Marketplace Limited, Artemis AI ADR Marketplace Limited, or another name subject to availability.The name change is contingent on approval from the Ministry of Corporate Affairs (MCA) and the Registrar of Companies (RoC), as well as approval from the company's members and any other necessary authorities. The board meeting commenced at 11:00 AM IST and concluded at 11:30 AM IST on March 26, 2026.Source:

GTPL Hathway Receives GST Order, Plans Appeal GTPL Hathway Limited has received an order from the Office of the Principal Commissioner of CGST and Central Excise, Chennai North Commissionerate, alleging wrongful availment of input tax credit and short payment of Goods and Services Tax (GST). The order, dated March 23, 2026, stipulates a demand for a differential tax amount of Rs. 11.13 crore, alongside applicable interest and a penalty under the Central Goods and Services Tax Act, 2017, the Tamil Nadu Goods and Services Tax Act, 2017, and the Integrated Goods and Services Tax Act, 2017.The company received the order on March 25, 2026. GTPL Hathway intends to file an appeal against the order.The financial impact of the order is...

Choksi Laboratories Ltd. Schedules Postal Ballot Voting Choksi Laboratories Ltd. announced on March 26, 2026, that it is seeking approval from its members through a postal ballot via electronic voting. The voting process is in respect of a special business item outlined in the postal ballot notice dated February 7, 2026.The notice was sent to members via email, as many have registered their email addresses with the Registrar and Transfer Agent or respective Depository Participants.Key Dates and Timelines:S. No.ParticularsDetails1Cut-off Date to record the entitlement of shareholders to cast their vote electronicallyFriday, March 20, 20262Date and time of commencement of voting though electronic meansSaturday, March 28...

CCL International Ltd. Board Approves Share Buyback Offers CCL International Ltd. announced that its Board of Directors approved offers for the buyback of equity shares from three entities at a meeting held on March 26, 2026. The offers accepted were from M/s Anamica Portfolio Private Limited, M/s Anamica Financial Services Private Limited, and M/s Saffron Holdings Private Limited, all dated March 24, 2026.The Board meeting commenced at 11:00 A.M. and concluded at 11:30 A.M. Further details are available on the company website, www.cclil.com, and the Bombay Stock Exchange (BSE) website, www.bseindia.com.Source:

Gamco Ltd. Sells Wholly-Owned Subsidiary to Blackstone-Backed Entity Gamco Ltd., formerly known as Visco Trade Associates Limited, announced on March 26, 2026, that its Finance Committee has approved the sale of its entire equity stake in its wholly-owned subsidiary, Visco Advisory Private Limited (VAPL), to BREP Asia III India Holding Co II Pte. Ltd. BREP Asia III India Holding Co II Pte. Ltd. is an entity owned by funds managed and/or advised by affiliates of Blackstone Inc.The transaction, executed on March 26, 2026, is subject to customary conditions precedent and is expected to be completed on or before May 31, 2026. Upon completion, VAPL will cease to be a wholly-owned subsidiary of Gamco Ltd. The consideration for the...

Precision Camshafts Limited Reports Partial Operational Disruption at Solapur Plant Precision Camshafts Limited announced on March 26, 2026, that its Solapur plant has experienced a partial disruption of operations due to a supply issue of Liquefied Petroleum Gas (LPG). The disruption is attributed to interruptions in global energy supply chains stemming from the Middle East conflict.The company is actively working to secure LPG supplies from available sources to prevent a complete production shutdown. However, the scarcity of LPG in the market has created a highly critical and unpredictable situation.Precision Camshafts Limited will provide further updates to the stock exchanges as the situation evolves.Source:

NTPC Limited Upgraded to BB by MSCI ESG Ratings NTPC Limited announced an upgrade of its Environmental, Social, and Governance (ESG) rating from B to BB by MSCI ESG Ratings, effective March 23, 2026. The upgrade signifies a strengthened commitment and enhanced performance in sustainability, governance, and climate responsibility.According to MSCI ESG Ratings, the improved rating underscores NTPC’s ongoing transition towards a cleaner energy portfolio and a stronger ESG framework embedded within the company's management and Board levels. The assessment was based on publicly available data and was conducted independently by MSCI ESG Ratings, without direct engagement from NTPC. This marks the second ESG rating upgrade for NTPC within...

Allied Digital Services Ltd. Converts Loan to Equity in Subsidiary Allied Digital Services Ltd. announced on March 26, 2026, that its wholly owned overseas subsidiary, Allied Digital Inc., has converted a loan into equity. The conversion, finalized on March 25, 2026, involved the issuance of 6,868 equity shares to the parent company at a price of USD 1,877.99 per share, with a face value of USD 10, resulting in a total consideration of USD 12.89 million.The transaction was executed via a Loan Conversion Agreement and represents a squaring off of the entire outstanding loan extended by Allied Digital Services Ltd. to Allied Digital Inc. Allied Digital Inc. is engaged in making investments in other corporates or entities. Currently...

RateGain Partners with Cashfree Payments to Enable Local Payment Acceptance for Global Travel Brands India, March 26, 2026 – RateGain Travel Technologies Limited (NSE: RATEGAIN), a global leader in AI-powered SaaS solutions for the travel and hospitality industry, announced a strategic partnership with Cashfree Payments, a leading payments platform, as a Platinum Partner for RG Pay.The collaboration will integrate Cashfree Payments’ domestic and cross-border payment capabilities into RG Pay, RateGain’s unified technology infrastructure for the global travel and hospitality ecosystem. This will enable Indian customers to seamlessly pay international travel merchants across 176 countries using local payment methods like UPI and RuPay...

We Win Ltd. Receives Work Order for CM Helpline System in Chhattisgarh We Win Ltd. announced today, March 26, 2026, that it has received a work order from the Department of Good Governance & Convergence, Government of Chhattisgarh, for the implementation of a CM Helpline & Complaint Management System.The work order is for selection of a bidder and encompasses a domestic entity. The total value of the project, exclusive of Goods and Services Tax (GST), is valued at Rs. 19,44,00,000 for a period of four years. The work order is valid for four years and may be extended based on satisfactory performance and mutual agreement between the parties.According to the announcement, neither the company’s promoters, promoter group, nor group...

India Ratings Affirms Trident's Proposed NCDs at 'IND AA'; Outlook Stable India Ratings and Research (Ind-Ra) has affirmed Trident Limited's proposed non-convertible debentures (NCDs) rating as 'IND AA' with a 'Stable' outlook. The proposed NCDs have a size of INR 1,250 million and mature at an undisclosed date.Details of InstrumentsInstrument TypeDate of IssuanceCoupon RateMaturity DateSize of Issue (million)Rating assigned along with Outlook/WatchRating ActionProposed non-convertible debentures*---INR1,250IND AA/StableAffirmedInd-Ra has changed its rating approach to a fully consolidated view of Trident and its subsidiaries and associate company.The affirmation reflects Trident's healthy consolidated business profile...

Indobell Insulations Ltd. Secures Export Order Worth $185,100 Indobell Insulations Limited has secured an export order for Steam Turbine Insulation - Blanket Therm valued at 185,100 US dollars. The order was awarded by GE VERNOVA PARTS &PRODUCTS GmbH - BADEN, SWITZERLAND.According to details released, payment is due within 150 days of the invoice date, with the Incoterm being FCA Supplier Factory. The order is expected to be executed by September 2026.The company confirmed that neither the promoter group nor any group companies have an interest in GE VERNOVA PARTS &PRODUCTS GmbH - BADEN, SWITZERLAND, and the transaction is not considered a related party transaction.Sr. No.ParticularsDetails1)Name of the entity awarding the...

IndusInd Bank Launches Capital Gains Account Scheme Mumbai, March 26, 2026: IndusInd Bank today announced the launch of a Capital Gains Account Scheme (CGAS), enabling customers to park long-term capital gains until reinvestment and avail tax exemptions under the Income-tax Act of 1961. The scheme allows customers to hold unutilized capital gains and make informed reinvestment decisions within statutory timelines.The launch follows authorization from the Central Board of Direct Taxes (CBDT) permitting IndusInd Bank to accept deposits under the Capital Gains Account Scheme, 1988.Under the scheme, the bank will accept deposits of unutilized proceeds from the sale of eligible capital assets, including residential properties, flats...

Happiest Minds Technologies Partners with UnifyApps to Accelerate Enterprise AI Adoption Bengaluru, Seattle, and London, March 26, 2026 — Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), an AI First digital engineering company, announced a strategic partnership with UnifyApps, the AI Agent and App Builder Platform for the Enterprise.The collaboration will leverage UnifyApps' AI OS architecture and horizontal platform to help enterprises transition into AI-Native organizations. This will enable clients to unify enterprise knowledge, actionability, and governance, facilitating the scaling of Generative AI initiatives.Happiest Minds' capabilities in Generative AI, digital engineering, cloud, data, and enterprise modernization...