Markets

LIC Housing Finance Limited Announces Changes in Senior Management Personnel LIC Housing Finance Limited announced several changes to its senior management team on March 25, 2026. The changes were made on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors.J. Sangameswar’s tenure as Chief Risk Officer has been extended until April 30, 2028. Jimit Narendra Shah has been appointed as Chief Information Security Officer (CISO), effective April 10, 2026.J. Sangameswar – Chief Risk Officer Mr. Sangameswar brings over three decades of experience in risk management, credit appraisal, and operations within the housing finance sector. He is responsible for overseeing the company's risk...

LIC Housing Finance Limited Announces Borrowing Budget and Key Appointments LIC Housing Finance Limited announced several key decisions following a board meeting held on March 25, 2026. The meeting commenced at 2:30 P.M. and concluded at 7:30 P.M.Borrowing Budget Approved for 2026-27 The Board approved a borrowing budget of Rs. 127000 Crore for the financial year 2026-2027. This budget includes potential fundraising through redeemable Non-Convertible Debentures, Zero Couponed Bonds, Tier II Bonds, and other debt instruments, with a potential issuance of up to Rs. 35000 Crore across various tranches. Borrowing methods may include loans, private placements, public issues, refinancing from the National Housing Bank, public and corporate...

Jio Financial Services Subsidiary Invests in Reliance International Leasing IFSC Jio Leasing Services Limited (JLSL), a wholly-owned subsidiary of Jio Financial Services Limited, has made an additional investment in Reliance International Leasing IFSC Private Limited (RILIPL). The investment, totaling Rs. 63.94 crore, was made on March 25, 2026, through the subscription of 6,39,40,000 8.1% Cumulative Optionally Convertible Preference Shares with a face value of Rs.10 each.RILIPL is a 50:50 joint venture between JLSL and Reliance Strategic Business Ventures Limited, a wholly-owned subsidiary of Reliance Industries Limited. The funds will be used to support the business operations of RILIPL.Since the previous disclosure on December...

National Highways Infra Trust Discloses Insider Trading Information National Highways Infra Trust (NHIT) has announced details regarding the acquisition of its units, as disclosed by the National Highways Authority of India (NHAI) in compliance with the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015.The disclosure, received by National Highways Infra Investment Managers Private Limited, the Investment Manager to NHIT, pertains to an allotment of 1,00,85,000 units of NHIT. The total value of the acquisition amounted to ₹15,43,00,05,000.Following the acquisition, the total number of securities held is 22,44.54,500, representing 10.50% of the total holdings. Prior to the acquisition...

Chatterbox Technologies Ltd. Announces Board Decisions and Office Relocation Chatterbox Technologies Ltd. (Scrip Code: 544546) announced key decisions following a board meeting held on Wednesday, March 25, 2026. The meeting, conducted via video conference, approved the allocation of ₹17,10,000 for Corporate Social Responsibility activities through an implementing agency.The board also approved a change in the company’s registered office within Mumbai, moving from Unit No. 101, VIP Plaza Co-operative Premises Society Ltd., Andheri New Link Road, to Unit No. 1101 & 1102, 11th Floor, Lotus Signature, Veera Desai Road, effective April 1, 2026.Additionally, the board approved Special Purpose Financial Statements prepared in...

National Highways Infra Trust Receives Listing and Trading Approval for Unit Issuances National Highways Infra Trust (NHIT) has secured listing and trading approvals from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) for units issued through a preferential issue and institutional placement. The approvals were received on March 25, 2026.The following table summarizes the approvals:ParticularsBSE Limited (BSE)National Stock Exchange of India Limited (NSE)Listing ApprovalMarch 25, 2026March 25, 2026Preferential IssueMarch 25, 2026March 25, 2026Institutional PlacementMarch 25, 2026March 25, 2026Trading ApprovalPreferential IssueMarch 25, 2026March 25, 2026Institutional...

QMS Medical Allied Services Limited Board Approves Draft Information Memorandum for NSE Main Board Migration QMS Medical Allied Services Limited announced on March 25, 2026, that its Board of Directors has approved the Draft Information Memorandum (IM) for the company's migration from NSE Emerge to the Main Board on the National Stock Exchange (NSE).The Board meeting, which commenced at 4:30 P.M. and concluded at 8:30 P.M., reviewed and considered the Draft Information Memorandum. The company's registered office is located at 1A-1B / 2A-2B, Navkala Bharati Building, Plot No. 16, Prabhat Colony, Road No. 3, Santacruz (East), Mumbai - 400 055. T +91-022 - 6288 1111, www.qmsmas.com. Toral Bhadra, Company Secretary and Compliance Officer...

E Factor Experiences Limited Shares Transferred to Legal Heir E Factor Experiences Limited announced the transmission of shares held by the late Smt. Aruna Garg to her legal heir, Mr. Samit Garg, on March 25, 2026. The transmission involved 3,97,500 shares previously held under lock-in by the deceased promoter.The company confirmed that the transfer was executed through operation of law and does not represent a share transfer. This update will be reflected in the shareholding pattern for the quarter ending March 31, 2026.The company is a member of the BeMa Event & Entertainment Management Association and an International Live Events Association DLEA member.E Factor Experiences Limited is headquartered in New Delhi and Noida. The...

HMT Limited Appoints N. Ramesh Kumar as Chairman & Managing Director (Additional Charge) HMT Limited announced the appointment of Shri N. Ramesh Kumar as the additional Chairman & Managing Director, effective March 25, 2026. Shri Kumar, an Executive Director at Bharat Heavy Electricals Limited (BHEL), will hold the position for a period of one year or until a regular incumbent is appointed, whichever occurs first, pending approval from the Appointments Committee of the Cabinet (ACC).According to a filing, Shri Kumar is not debarred from holding the office of Director by any order from the Securities and Exchange Board of India (SEBI) or any other authority.About N. Ramesh Kumar Shri N. Ramesh Kumar, aged 57, graduated from BITS...

Steel Exchange India Ltd. Issues Corrigendum to Extraordinary General Meeting Notice Steel Exchange India Limited announced on March 25, 2026, a corrigendum to the Notice of the 1st Extraordinary General Meeting (EGM) for Fiscal Year 2025-26. The EGM is scheduled to be held on March 30, 2026, at 11:30 a.m. IST via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The corrigendum addresses amendments to the Explanatory Statement, stemming from suggestions and comments received from Stock Exchanges.The changes pertain to Item No. 1 concerning the issuance of Convertible Equity Warrants to the Promoter Group and Non-Promoter Entities on a preferential basis. Specifically, updates were made to points (iii) on page 15 & 16, (xvi)...

Punjab National Bank Announces Change in Statutory Central Auditors Punjab National Bank announced a change in its Statutory Central Auditors (SCAs) effective March 25, 2026. The change follows a letter from the Reserve Bank of India (RBI) dated March 25, 2026, reference DOS.ARG.No.59687/08:10:003/2025-26. As a result, M/s P S D & Associates, Chartered Accountants, has ceased to be part of the bank’s SCA team.The following firms will continue to serve as Statutory Central Auditors for Punjab National Bank for the financial year 2025-26:Name of the Audit FirmTenure as SCA in PNB (year)M/s Ummed Jain & Co., Mumbai (FRN 119250W, UCN 290292)3rdM/s N K Bhargava & Co., Delhi (FRN 000429N, UCN 005772)M/s Prem Gupta & Co., Delhi...

G R Infraprojects Transfers Three Subsidiaries to Indus Infra Trust G R Infraprojects Limited announced the successful transfer of three wholly-owned subsidiaries – GR Bilaspur Urga Highway Private Limited (GBUHPL), GR Ujjain Badnawar Highway Private Limited (GUBHPL), and GR Ena Kim Expressway Private Limited (GEKEPL) – to Indus Infra Trust on March 25, 2026.The transfer follows receipt of consideration from Indus Infra Trust and effectively terminates GBUHPL, GUBHPL, and GEKEPL’s status as wholly-owned subsidiaries of G R Infraprojects.GR Ena Kim Expressway Private Limited was a material subsidiary and required shareholder approval, which was obtained via postal ballot.According to financial data as of March 31, 2025, GEKEPL...

Popular Vehicles & Services Extends Corporate Guarantees Popular Vehicles and Services Limited announced on March 25, 2026, that it has extended corporate guarantees to support its subsidiaries and affiliated companies.The company continued to provide a corporate guarantee of Rs. 2,00,00,000 to Sundaram Finance Limited related to a trade advance facility and another guarantee of Rs. 22,50,00,000 to IndusInd Bank Limited regarding credit facilities granted to Prabal Motors Private Limited, a subsidiary. Additionally, Popular Vehicles & Services continued a corporate guarantee of Rs. 5,00,00,000 to Sundaram Finance Limited for a trade advance facility to Popular Mega Motors (India) Private Limited, a wholly-owned subsidiary.According...

Network 18 Media & Investments Ltd. Approves Amalgamation of News18 Marathi Network 18 Media & Investments Ltd. announced on March 25, 2026, that its Board of Directors has approved a scheme of amalgamation with News18 Marathi Private Limited, a wholly-owned subsidiary. The move aims to consolidate operations of the Marathi news channel.The amalgamation will occur under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The appointed date for the scheme is April 1, 2026. As a merger of a wholly-owned subsidiary, the transaction is considered a related party transaction at arm’s length and will not result in any changes to the shareholding pattern of the Company.Network 18 Media & Investments Ltd...

KPI Green Energy Reaffirms Credit Ratings with ICRA KPI Green Energy Limited announced on March 25, 2026, that ICRA Limited has reaffirmed its credit ratings for the company’s bank facilities and Non-Convertible Debentures (NCDs). The ratings reflect the company’s financial performance and outlook.Bank Facility RatingsICRA has reaffirmed and assigned enhanced amounts to the following bank facilities:InstrumentRated Amount (Rs. crore)Rating ActionOutlookLong term - Fund based - Term loan4009.54[ICRA]A (Stable); reaffirmed and assigned to enhanced amountRevised from PositiveLong term - Fund based - Cash credit487[ICRA]A (Stable); reaffirmed and assigned to enhanced amountRevised from PositiveShort term - Working capital...

Gail (India) Ltd. Revises Completion Schedule for Pipeline Sections Gail (India) Ltd. announced revisions to the completion schedules for sections of the Integrated Jagdishpur-Haldia-Bokaro-Dhamra pipeline project on March 25, 2026. The changes were approved by the company’s Board of Directors during a meeting held on the same day.The project, which includes the 3,266-kilometer pipeline laid and commissioned out of a total authorized length of 3,306 kilometers, experienced delays primarily due to challenges related to the Right of Use (RoU) and fisheries front availability.Specifically, the completion schedule for the Kolkata-Haldia section and the Dhamra-Haldia (West Bengal) section has been extended. The revised completion...

GAIL (India) Ltd. Invests in GAIL Global (USA) Inc. GAIL (India) Ltd. announced on March 25, 2026, that its Board of Directors approved an equity investment in its wholly-owned subsidiary, GAIL Global (USA) Inc. (GGUI). The investment will be used primarily to reduce GGUI's outstanding loan obligations for its shale assets in the Eagle Ford basin, Texas, USA.GGUI, incorporated in the USA, had a standalone turnover of US$7.6 million for the calendar year 2025, US$11.6 million for 2024, and US$10.7 million for 2023. The company currently holds a 20% ownership in shale assets within the Eagle Ford basin.The Board approved the equity investment as a cash consideration for subscription and authorized an investment of up to US$64 million...

Consecutive Commodities Limited Appoints New Director, Announces Committee Reconstructions Kolkata – Consecutive Commodities Limited, formerly known as Consecutive Investments & Trading Company Limited, announced several corporate governance updates following a board meeting held on March 25, 2026.The company appointed Ms. Reema Magotra (DIN: 09804839) as an Additional Non-Executive and Independent Director, effective March 25, 2026. Ms. Magotra is described as an education professional with expertise in leadership and organizational development. The board also acknowledged the resignation of Ms. Promila Sharma (DIN: 09735554) from the post of Non-Executive and Independent Director, also effective March 25, 2026, citing personal...

IIRM Holdings India Ltd. Acquires Stake in Saferisk Insurance Brokers Private Limited IIRM Holdings India Limited (formerly Sudev Industries Limited) announced the acquisition of Safe Risk Insurance Brokers Private Limited (SafeRisk) by its wholly-owned subsidiary, India Insure Risk Management and Insurance Broking Services Private Limited. The announcement was made on March 25, 2026, in continuation of previous disclosures dated July 31, 2025, and October 30, 2025.SafeRisk, incorporated on December 1, 2014, is primarily engaged in insurance broking, risk management, and claims consultancy. It is based in Bhubaneswar.Financial Details of SafeRisk (2024-2025):The table below outlines key financial details of SafeRisk for the past...

Gail (India) Ltd. Revises Completion Schedule for Mumbai-Nagpur-Jharsuguda Pipeline Project Gail (India) Ltd. announced a revision in the completion schedule for the Mumbai-Nagpur-Jharsuguda (MNJPL) pipeline project. The change, approved by the company’s Board of Directors on March 25, 2026, extends the completion timeline from March 1, 2026, to June 30, 2026.The MNJPL project encompasses three pipeline segments: a 693-kilometer Mumbai-Nagpur segment (Part-A), a 692-kilometer Nagpur-Jharsuguda segment (Part-B), and a 317-kilometer Nagpur-Jabalpur segment (Part-C), for a total pipeline length of 1702 kilometers.According to the company, the Mumbai-Nagpur, Nagpur-Jharsuguda, and Nagpur-Jabalpur pipeline segments are currently...