Markets

Sanginita Chemicals Limited Reports Cybersecurity Incident Affecting Website Sanginita Chemicals Limited announced on March 25, 2026, that its company website was subject to a cybersecurity incident. The company reported that its website was hacked, impacting access to disseminated details and information.According to the company, the incident did not affect the core systems and operations. Sanginita Chemicals Limited has initiated steps to regain control of the website and is analyzing the incident. The company anticipates restoring access to the website within the next 48 hours.Vijja Ysinh D. Chavda, Whole Time Director (DIN: 01497977), made the disclosure.Source:

MPF Systems Limited Board Meeting Cancelled MPF Systems Limited, formerly known as Mather & Platt Fire Systems Limited, announced the cancellation of a Board of Directors meeting that was scheduled for Wednesday, March 25, 2026. The meeting was initially announced on March 21, 2026, in accordance with Regulation 29 of the SEBI (LODR) Regulations, 2015. The cancellation was attributed to unavoidable circumstances.Sharang Amar Sharma, Managing Director, confirmed the cancellation. His Director Identification Number (DIN) is 11428567.Source:

JB Chemicals & Pharmaceuticals Receives Corrigendum Order from National Company Law Tribunal JB Chemicals & Pharmaceuticals Ltd. announced the receipt of a Corrigendum Order from the Hon'ble National Company Law Tribunal, Ahmedabad Bench, on March 24, 2026. This follows a previous notification dated March 24, 2026, regarding the order related to the proposed amalgamation of JB Chemicals & Pharmaceuticals Limited with Torrent Pharmaceuticals Limited.The Scheme of Amalgamation is being pursued under the guidelines outlined in the Scheme of Amalgamation. The Corrigendum Order has been uploaded to the Tribunal’s website at https://nclt.gov.in/ on March 25, 2026.Sandeep Phadnis, Vice President - Secretarial & Company Secretary, made...

Saregama India Limited Appoints Nayan Kumar Misra as Nodal Officer Saregama India Limited announced the appointment of Nayan Kumar Misra as the new Nodal Officer, effective March 24, 2026. The appointment follows the resignation of Mr. Pankaj Mahesh Chaturvedi from his role as Chief Financial Officer and Nodal Officer.The decision was made by the Board of Directors through a resolution, in compliance with Rule 7 (2A) of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Mr. Misra will be responsible for verification of claims and coordination with the Investor Education and Protection Fund Authority.Nayan Kumar Misra holds the designation of Company Secretary & Compliance...

Nexome Capital Markets Ltd. Completes Rights Issue Nexome Capital Markets Limited, formerly known as SMIFS Capital Markets Limited, announced the completion of its rights issue on March 25, 2026. The rights issue was executed as detailed in the Letter of Offer dated February 24, 2026.Share allotment was finalized on March 24, 2026, with the credit of newly issued shares to shareholder demat accounts occurring on March 25, 2026. Trading approval for the new shares has been received from the exchange.Source:

Gajanan Securities Services Ltd. Announces Investment Transfers by Subsidiaries Kolkata – March 25, 2026 – Gajanan Securities Services Limited announced that its step-down subsidiaries, Doreman Distributors Private Limited and Chaturbhuj Agencies Private Limited, have transferred equity share investments to promoters of the company. The transactions involved the disposal of shares in several private limited companies.The transfers were made to Suman Agarwal and Vinay Kumar Agarwal, both identified as promoters of Gajanan Securities Services Limited. Details of the transactions are as follows:Details of Share TransfersThe following table summarizes the share transfers, consideration amounts, and recipient categories:Sr...

Persistent Systems Announces Transfer of Subsidiary Shareholding Persistent Systems Ltd. announced on March 25, 2026, the signing of a Share Purchase Agreement (SPA) to transfer 100% of the shareholding of Persistent Systems France S.A.S., a wholly-owned subsidiary, to Aepona Group Limited, Ireland, also a wholly-owned subsidiary. The transaction is part of an internal group restructuring initiative.The transfer, executed as an arm’s length transaction, aims to achieve entity rationalization and operational efficiency within the group. Following the restructuring, Persistent Systems France S.A.S. will be considered a step-down subsidiary of Persistent Systems Ltd. The completion of the transfer is expected by March 31, 2026.Key...

Cupid Breweries Acquires Land in Goa for AlcoBev Manufacturing Unit Cupid Breweries and Distilleries Limited, formerly known as Cupid Trades and Finance Limited, announced the acquisition of land in Goa on March 25, 2026. The company finalized the execution and registration of a Sale Deed on March 24, 2026, securing a plot measuring 32,160 square meters.The newly acquired land is intended for the establishment of an alcobev manufacturing unit. This move aligns with Cupid Breweries’ strategy to expand its production capabilities and enhance its standing within the industry. The company’s corporate office is located at Gr. Floor, Block No. 2, Parekh Ngr., Nr. Stride Hospitals Building, 4th Floor, BMC Hospital, S. V. Road, Kandivali (W)...

Network18 Appoints Raj Kumar Jain as Independent Director Network18 Media & Investments Limited announced the appointment of Raj Kumar Jain as an Additional Director designated as Independent Director, effective March 25, 2026. The appointment was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. Mr. Jain’s term will be for a period of five consecutive years, extending up to March 24, 2031, pending approval from the company’s members.Mr. Raj Kumar Jain, aged 67, holds an engineering degree from Delhi College of Engineering and an MBA from Kellogg School of Business. He brings extensive experience as a veteran corporate professional and entrepreneur. Prior to founding Bounce...

Nirmitee Robotics India Ltd. Announces Changes to Board of Directors Nirmitee Robotics India Limited announced changes to its board of directors on March 25, 2026. The company’s board accepted the resignation of Mr. Rajesh Narendra Admane, effective March 25, 2026, at the end of business hours. The resignation was due to Mr. Admane's inability to devote sufficient time and attention to the company’s affairs.The board also approved the appointment of Mr. Rahul Kartik Shende as an additional non-executive director, effective March 26, 2026. Mr. Shende holds a Master of Business Administration (MBA) with a specialization in Marketing and possesses expertise in strategic marketing, brand management, and business development. He is...

ICICI Bank Schedules Investor Meeting ICICI Bank Limited announced a schedule of investor meetings on March 25, 2026. The bank will be holding a virtual meeting with CLSA's investor group on March 30, 2026. Discussions will be based on publicly available documents.Investor Meeting ScheduleSr. No.Event NameDateTypeMode1CLSA: Investor Group callMarch 30, 2026GroupVirtualSource:

B-Right Realestate Ltd. Issues Corporate Guarantee for Subsidiary Loan B-Right Realestate Limited announced on March 25, 2026, that it is issuing a corporate guarantee of 45 Crore Rupees to secure a Construction Finance Loan being availed by Siddhivinayak Developers Kurar, a step-down subsidiary. The loan is being provided by Capri Global Capital Limited.According to information released, Siddhivinayak Developers Kurar has secured a loan facility of 45,00,00,000 Rupees from Capri Global Capital Limited. The guarantee provided by B-Right Realestate Limited supports this loan.The transaction does not involve any interest from promoters, promoter groups, or group companies, and is being conducted at arm's length. B-Right Realestate...

Tata Steel Receives Stay on GST Proceedings from Jharkhand High Court Tata Steel Limited announced on March 25, 2026, that the Hon'ble High Court of Jharkhand has granted a stay on further proceedings related to a Goods and Services Tax (GST) matter. This follows a show cause cum demand notice received by the company on June 27, 2025, from the Office of the Commissioner (Audit), Central Tax, Ranchi.The initial notice proposed a disallowance of Input Tax Credit for the period FY2018-19 through FY2022-23, potentially impacting a GST amount of ₹1007,54,83,342. As of the date of the notice, the company had already paid ₹514,19,36,211, reducing the alleged GST exposure to ₹493,35,47,131.Subsequently, an Adjudication Order issued on...

Garware Hi-Tech Films Ltd. Appoints Whole Time Director Garware Hi-Tech Films Limited announced the appointment of Mr. Uday Vasantrao Joshi (DIN: 09753984) as a Whole Time Director, effective March 24, 2026. The decision was reached during a remote e-voting session held on March 24, 2026, following a Postal Ballot initiated on February 20, 2026.According to a report by Scrutinizer, CS Mannish L. Ghia of M/s. Manish Ghia & Associates, the special resolution appointing Mr. Joshi was passed by members with a requisite majority.A summary of the voting results is presented below:Resolution No. 1: Appointment of Mr. Uday Vasantrao JoshiCategoryMode of VotingNumber of Valid Votes Cast in Favour% of Total Valid Votes Cast in...

Le Travenues Technology Limited Receives Income Tax Assessment Order Le Travenues Technology Limited (IXIGO) announced receipt of an Income Tax Assessment Order dated March 24, 2026, for the Assessment Year 2024-25. The order was received from the Income Tax Department, Ministry of Finance, Government of India.According to the order, expenses of Rs. 1,01,50,336 have been disallowed and a tax demand of Rs. 45,49,685 has been issued. Additionally, Rs. 7,52,05,398 pertaining to tax on Buy Back of Shares under Section 115QA was included in the Demand Notice, despite already being paid.The company believes the Assessment Order contains errors and intends to file an appeal with the appropriate authorities to contest the order. The company...

Jaro Institute of Technology Management and Research Limited Allots 2,352 Equity Shares Under Employee Stock Option Plan Jaro Institute of Technology Management and Research Limited announced the allotment of 2,352 equity shares on March 25, 2026, under the Jaro Education Employees Stock Option Plan 2022. The shares were allotted to eligible employees following the exercise of stock options.The company’s Board of Directors approved the allotment, which comprises shares with a face value of ₹ 10 each, fully paid up.The allotment follows a resolution passed by the Board on March 25, 2026.Details of the Share AllotmentType of securities issuedEquity Shares of the face value of Re.10/- eachType of IssueESOP AllotmentTotal...

NHPC Limited Board Approves Borrowing Plan of Up to ₹8,000 Crore NHPC Limited announced on March 25, 2026, that its Board of Directors has approved a borrowing plan to raise debt of up to ₹8,000 crore during fiscal year 2026-27. The borrowing is intended to be secured or unsecured, redeemable, taxable, non-cumulative, and non-convertible corporate bonds, issued in one or more series or tranches on a private placement basis. The plan also includes the potential for raising term loans and External Commercial Borrowings (ECB) in suitable tranches. The Board meeting commenced at 5:15 P.M. and concluded at 6:45 P.M.Source:

Rashi Peripherals Ltd. Schedules Postal Ballot and E-Voting Rashi Peripherals Ltd. announced on March 25, 2026, that it will conduct a postal ballot and e-voting to approve the appointment of Mr. Rajesh Goenka as Whole-Time Director and Chief Executive Officer (CEO) and the appointment of Dr. Indumati Gopinathan as an Independent Director.The resolutions will be considered by members through remote e-voting, commencing on Thursday, March 26, 2026, at 9:00 A.M. (IST) and ending on Friday, April 24, 2026, at 5:00 P.M. (IST).Key Appointments and Remuneration Details:ParticularsAppointment of Mr. Rajesh Goenka (DIN: 10985108) as Whole-Time Director and CEO for a term of five consecutive years w.e.f. February 3, 2026, up to...

Fredun Pharmaceuticals Holds Meetings with Analysts and Investors Fredun Pharmaceuticals Limited announced that it hosted a series of meetings with analysts and institutional investors on March 25, 2026. The meetings, conducted via Zoom, involved discussions about the company's business operations, industry outlook, and growth strategy.A total of 38 meetings were held between 12:00 PM and 12:40 PM, with participants from Cognizant Capital, A.J. Capital, Allbridge Capital, Dhyana Capital, Helios Capital, Global Business, Tiger Assets, Fyers Assets, Kanakala Capital, PI Square Investments, 9 Rays EquiReseach, Lorvet Consultancy, Samdareeya Capital Ventures, SmartSync Services, Navrathan &Co., Vijit Growth Fund, Ninedot Ventures, 4A...

A. K. Capital Services Ltd. Allots Commercial Papers Worth INR 50 Million A. K. Capital Services Limited announced the allotment of 100 commercial papers (CPs) by its Banking and Investment Committee on Wednesday, March 25, 2026. The total value of the CPs issued is INR 50,00,00,000 (Indian Rupees Five Crores).The details of the commercial paper issuance are as follows:Description of the InstrumentDetailsListing ExchangeBSE LimitedIssue DateMarch 24, 2026Allotment DateMarch 25, 2026Redemption DateOctober 15, 2026Discount Rate (Annualized)9.00%Face Value per CP (INR)5,00,000/-Issue Price per CP (INR)4,76,054/-ISININE701G14379Redemption Value (INR)5,00,00,000/-Issuing and Paying Agent (IPA)The Federal...