Markets

Nazara Technologies Limited Receives Bonus Equity Shares in Subsidiary Paper Boat Apps Nazara Technologies Limited announced today, March 25, 2026, that it has been allotted 990,450 bonus equity shares by Paper Boat Apps Private Limited, its wholly owned subsidiary. The allotment was made in a ratio of 93:1, equivalent to 93 new fully paid-up bonus equity shares for every one equity share held.Following the allotment, Nazara Technologies Limited holds a total of 10,01,100 equity shares in Paper Boat Apps Private Limited, maintaining its 100% ownership of the subsidiary’s share capital. Each share has a face value of INR 10.Source:

Sula Vineyards Acquires Chandon’s Nashik Estate to Expand Wine Tourism Footprint March 25, 2026, Mumbai : Sula Vineyards Limited (NSE: SULA), India's largest wine producer, announced the signing of a definitive agreement to acquire Chandon's wine production facility and estate in Dindori, Nashik.Sula Vineyards has entered into an agreement with Moet Hennessy India Private Limited to acquire the 19-acre estate. The acquisition includes a wine production facility with an annual capacity of 4.5 lakh litres, scalable up to 13 lakh litres, an ultra-premium visitor centre, a banquet facility, and 5 acres of vineyards. The facility is located a 20-minute drive from Nashik Airport and is near Sula’s existing wineries in Dindori.The...

Silkflex Polymers (India) Limited Appoints Krishan Jaisansariya as Additional Director Silkflex Polymers (India) Limited announced the appointment of Mr. Krishan Jaisansariya as an Additional Director on Wednesday, March 25, 2026. Mr. Jaisansariya will serve as an Independent Director for a period of five years, pending shareholder approval.Mr. Jaisansariya, holding DIN: 11391586, is a qualified Chartered Accountant with expertise in statutory audits, financial reporting, and financial controls. He possesses experience across various sectors, including manufacturing, NBFCs, and real estate.According to company information, Mr. Jaisansariya is not related to any other director and is not debarred from holding a director's position by...

Aster DM Healthcare Limited Receives GST Order Aster DM Healthcare Limited announced today, March 25, 2026, that it received an order from the Assistant Commissioner, Kochi Commissionerate (Ernakulam Division) regarding the Central Goods and Services Tax Act, 2017.The order, dated March 25, 2025, pertains to a violation under Section 74 of the GST Act for the fiscal years 2019-20 to 2023-24, alleging non-payment of GST on insurance processing fees. The assessed tax and penalty amount to Rs. 36,45,466 each, totaling a demand of Rs. 72,90,932.According to the company, the order is appealable and Aster DM Healthcare Limited intends to take necessary actions, including pursuing legal remedies under the GST law. The company stated that...

ABB India Limited Receives Penalty Order from Customs Authority ABB India Limited announced it received a penalty order from the Office of the Principal Commissioner of Customs in Bangalore. The order, dated March 24, 2026, and received on the same date, imposes a penalty of Rs. 17,68,303 and a redemption fine of Rs. 1,77,000 under Section 114A of the Customs Act, 1962.The penalty relates to mis-declared values of goods and a contravention of the Customs Act. ABB India Limited plans to appeal the order and anticipates a favorable outcome. The company does not expect the order to have a material impact on its operations.Below is a summary of the details as provided by ABB India Limited:Sr. No.Details of eventsInformation1a)...

Enser Communications Acquires 70% Stake in Indus Management Consultants Enser Communications Limited announced on March 25, 2026, that its Board of Directors approved the acquisition of a 70% stake in Indus Management Consultants Private Limited. This acquisition, valued at an enterprise valuation of Rs. 980 lakhs, is expected to be completed within 18 months.Indus Management Consultants Private Limited is a provider of corporate training, executive education, and comprehensive learning solutions, including skill development and workforce outsourcing services. The company operates in India and/or outside India. For the fiscal year 2024-25, Indus Management Consultants reported a turnover of Rs. 20.98 crore.The acquisition is in line...

City Union Bank Expands Branch Network with Three New Locations City Union Bank Limited announced the opening of three new branches on March 25, 2026. The expansion brings the bank’s total branch count to 935.The new branches are located in Bharatpur, Rajasthan; Kondanagaram, Tamil Nadu; and Maravanmadam, Tamil Nadu.Details of the new branches are as follows:sl. NoNAME OF THE BRANCHBRANCH NO.CBS CodeADDRESS1Bharatpur93300938Plot No 6, 7, 32, Khasra No. 737 & 738, Durga Nagar, Bajrang Nagar, Circular Road, Bharatpur -321 001, Rajasthan.2Kondanagaram 00939Door No. 11L26, V 7-9, SSR Plaza, Roja Housing, Cheranmahadevi Main Road, Kondanagaram - 627 010, Tirunelveli District, Tamil Nadu.3Maravanmadam93500940No. 128, Patta No...

Nucleus Software Exports Limited Approves RSU Scheme and Trust Formation Nucleus Software Exports Limited announced on March 25, 2026, that its Board of Directors approved the termination of the ESOP Scheme - 2015 and dissolution of the Nucleus Software Employee Welfare Trust. The board also approved the Nucleus Software RSU Scheme - 2026, establishing a pool of 10,00,000 Restricted Stock Units (RSUs). These RSUs are exercisable into an equal number of shares with a face value of Rs. 10 each.The scheme will be administered by the Nomination and Remuneration/Compensation Committee and implemented through a trust route, utilizing the Nucleus Software Equity Incentive Trust. This trust will acquire equity shares through secondary...

Embassy Developments Ltd. Reports Share Encumbrance by Promoter Groups Embassy Developments Limited (EDL) announced that Embassy Property Developments Private Limited and JV Holding Private Limited, both promoter entities, have encumbered shares in the company. The disclosures were made on March 25, 2026, in accordance with SEBI regulations.A total of 59,31,29,123 equity shares, representing 42.65% of the total share capital, are held by the promoter groups. The encumbered shares represent 59.52% of the total promoter shareholding and 25.39% of the total share capital.The total value of the shares on March 23, 2026, was ₹583,22,44,248.40. The total amount involved against which the shares have been encumbered is ₹1019,93,44,382.90...

Nisus Finance Services Co Ltd. Reports Pledge of Shares by Promoter Amit Goenka Nisus Finance Services Co Ltd. announced that Amit Goenka, a Promoter of the company, has pledged shares. According to disclosures dated March 25, 2026, Goenka pledged 5,50,000 equity shares and an additional 6,10,000 equity shares in favour of Catalyst Trusteeship Limited.The pledges occurred on March 17, 2026, and March 24, 2026, respectively. The shares were pledged as security for a loan availed by Nisus Finance Projects LLP from Tata Capital Limited and DSP Finance Private Limited.As of March 25, 2026, Goenka’s holdings included 1,76,24,398 shares, representing 18.84% of the total share capital. 5,50,000 shares, representing 2.30%, were pledged on...

Bazel International Ltd. Schedules Board Meeting, Plans Share Allotment and Director Appointment Bazel International Ltd. announced a board meeting scheduled for March 30, 2026, at 12:00 Noon via video conferencing. The meeting agenda includes several key decisions impacting the company's structure and capital.The board will consider the appointment of Mr. Mayank Ahuja (DIN: 10388943) as an Additional (Non-Executive/Professional) Director. Furthermore, the board is set to approve the allotment of equity shares on a preferential basis, stemming from the conversion of previously issued warrants.A further tranche of the increase in the company's Authorized Share Capital, previously approved by shareholders, will also be considered by...

MRP Agro Ltd. Announces Change in Registered Office MRP Agro Ltd. announced a change in its registered office location on Wednesday, March 25, 2026. The decision was approved by the Board of Directors at a meeting held that day.The company's registered office is transitioning from House No.100, First Floor, Ward No.23, Infront of Thane Ajak, Civil Line Road, Tikamgarh - 472001, Madhya Pradesh, India to Plot No. 22 Semi Urban Industrial Area, Dhonga, Tikamgarh-472001, Madhya Pradesh, India. The change is effective from March 26, 2026.The Board meeting began at 5:00 P.M. and concluded at 5:30 P.M. Manish Kumar Jain, Managing Director, confirmed the update.MRP Agro Ltd. trades on the BSE under the symbol MRP, ISIN INE0D7801012, and...

Ikoma Technologies Ltd. to Consider Fundraising and Financial Results at Upcoming Board Meeting Ikoma Technologies Limited (formerly Vuenow Infratech Limited) announced it will hold a board meeting on Monday, April 6, 2026, to discuss several key matters.The board will consider a proposal for raising funds through the issuance of equity shares or other eligible securities. Potential methods include private placement, right issue, qualified institutions placement, preferential issue, or a combination of these approaches, subject to regulatory approvals and shareholder approval.Additionally, the board will review the unaudited standalone financial results for the quarter ended December 31, 2025.Trading window for securities of the...

BKM Industries Ltd. Schedules Board Meeting for March 26, 2026 BKM Industries Ltd. announced that a Board of Directors meeting is scheduled for Saturday, March 26, 2026. The meeting will be held at the company's registered office or through a permitted mode, in compliance with applicable statutory provisions.The meeting was convened following approval from the company's Independent Directors, allowing for a shorter notice period.BKM Industries Ltd., formerly Manaksia Industries Ltd., is identified by BSE Scrip Code: 539043 and NSE Scrip Code: BKMINDST. The company’s registered office is located at Commerce House, 2A, G. C. Avenue, Room No. 11, 2nd floor, Kolkata 700013, India. Amit Singh, Whole Time Director, made the announcement...

Ramdevbaba Solvent Limited Discloses Insider Trading Information Nagpur, March 25, 2026 – Ramdevbaba Solvent Limited announced today the disclosure of insider trading information received from a designated person, as per SEBI (Prohibition of Insider Trading) Regulations, 2015.According to a filing, Nilesh Suresh Mohata, a Promoter and Director of Ramdevbaba Solvent Limited, acquired equity shares of the company on March 24, 2026.Prior to the acquisition, Mohata held 36,82,870 equity shares, representing a 16.11% holding in the company. Following the purchase of 17,600 equity shares, valued at 1,302,416.00, Mohata now holds 37,00,470 equity shares, representing a 16.19% stake in Ramdevbaba Solvent Limited. The transaction was...

Fredun Pharmaceuticals Allots Equity Shares Following Warrant Conversion Fredun Pharmaceuticals Limited announced the allotment of 106,668 equity shares to a promoter following the conversion of warrants. The decision was made at a board meeting held on March 25, 2026.Previously, convertible warrants were allotted to the promoter on a preferential basis on December 29, 2025, as approved by shareholders in an Extraordinary General Meeting held on October 22, 2025. The warrant holders have paid a total of Rs. 10,00,01,250 and exercised their right to convert the warrants into equity shares.The allotment comprises 106,668 equity shares with a face value of Rs. 10 each. The details of the allotment are as follows:Sr. No.Name of...

Take Solutions Ltd. Announces Resignation of Statutory Auditor Take Solutions Limited announced on March 25, 2026, that M/s. Venkat and Rangaa LLP have resigned as the company’s statutory auditor, effective the same date.The resignation was attributed to constraints relating to audit fees, with the firm stating that the remuneration was not commensurate with the size and complexity of the business, the scope of the audit engagement, and the reporting requirements under applicable statutory laws and regulations.M/s. Venkat and Rangaa LLP were appointed as the Statutory Auditor on February 3, 2026, and their term was scheduled to expire at the conclusion of the Annual General Meeting in 2026. The firm submitted a Limited Review Report...

HFCL to Expand Defence, Aeronautics, and Aerostructure Business Through Strategic Consolidation HFCL Limited announced a major strategic initiative on March 25, 2026, to expand and strengthen its Defence business, in line with its long-term growth strategy. The initiative involves the creation of HFCL Advance Systems Private Limited (HASPL), a platform for consolidating several businesses.Transaction Overview HFCL, along with Mr. Anant Nahata, Mr. Sushant Mohan Gupta, Mrs. Shubhra Gupta, and financial/strategic investors, will invest an amount not exceeding INR 175 crore into HASPL. In return, HASPL will issue securities to the investors. Post-completion, HASPL will remain a wholly-owned subsidiary of HFCL.Here’s the planned...

Avenue Supermarts Opens New Store in Tamil Nadu, Reaching 470 Locations Avenue Supermarts Limited, owner of the DMart retail chain, announced the opening of a new store on March 25, 2026, in Sriperumbudur, Kancheepuram, Tamil Nadu. This expansion brings the company’s total store count to 470.The new store is located at Plot No. B-72 & B-72A, Wagle Industrial Estate, Thane (West), Maharashtra, India - 400 604. Information regarding the store opening can be directed to info@dmartindia.com.Source:

Kaushalya Infrastructure Receives Income Tax Assessment Orders Kaushalya Infrastructure Development Corporation Ltd. announced today, March 25, 2026, that it has received Assessment Orders and Demand Notices from the Deputy Commissioner of Income Tax, Central Circle-15, New Delhi. The notices pertain to Assessment Years 2017-18, 2018-19, 2019-20, 2020-21, 2021-22, 2022-23, and 2023-24.The total demand raised against the company aggregates to Rs. 5,45,61,668. The notices were received on March 24 and 25, 2026, with most arriving after business hours on March 24.According to the Assessment Orders passed under Section 147 read with Section 144 of the Income-tax Act, the Income Tax Department has treated certain amounts as deemed...