Markets

Hazoor Multi Projects Ltd. Board Approves Corporate Guarantee for Subsidiary Hazoor Multi Projects Limited announced on March 25, 2026, that its Board of Directors has approved a corporate guarantee for its wholly-owned subsidiary, Square Port Shipyard Private Limited. The guarantee secures credit facilities from Bank of Baroda.The corporate guarantee covers a term loan facility of Rs. 45,00,00,000 (Rupees Forty-Five Crores) and a cash credit facility of Rs. 5,00,00,000 (Indian Rupees Five Crores), collectively referred to as the "Facilities."According to the company, no other parties, including promoters, promoter groups, or group companies, have an interest in this transaction, which will be issued on an arm's length basis. The...

M P K Steels (I) Ltd. Announces Board Decisions, Registered Office Relocation M P K Steels (I) Ltd. announced several key decisions following a board meeting held on Wednesday, March 25, 2026. The company approved the relocation of its registered office from the State of Assam to the State of Rajasthan, subject to member approval and any required regulatory authority consents.The board also appointed M/s. Jyoti Soni & Associates as the company’s Secretarial Auditor for the financial year 2025-26. An Extraordinary General Meeting (EGM) is scheduled for Tuesday, April 28, 2026, at 10:30 a.m., with a notice to be shared shortly.The meeting commenced at 12:30 P.M. and concluded at 02:30 P.M. Details related to the board’s decisions are...

NIBE Ltd. Appoints Rajagopalan Madhavan as Additional Director NIBE Ltd. announced the appointment of Rajagopalan Madhavan as an Additional Director, Non-Executive and Independent, effective March 25, 2026. The appointment was approved by the Board of Directors at a meeting held on that date. Mr. Madhavan’s appointment is for a period of five years, contingent upon shareholder approval.Mr. Rajagopalan Madhavan holds a Mechanical Engineering degree from NIT Raipur and a postgraduate M. Tech from IIT Madras. He previously served as the Chairman and Managing Director of Hindustan Aeronautics Limited. He has no inter-se relationship with other directors or Key Managerial Personnel of the company.According to company records, Mr...

Sicagen India Ltd. Announces Senior Management Departure Sicagen India Ltd. announced on March 25, 2026, that V. Venkatesh, Senior Manager-Operations (Speciality Chemical Division) and designated Senior Management Personnel (SMP), has resigned from his position, effective March 25, 2026, due to personal reasons. The company confirmed that there were no other material reasons for the resignation. Venkatesh is expected to be relieved from his services on or before May 20, 2026.Below is a summary of the changes:DetailInformationReason for ChangeResignation due to personal reasonsResignation DateMarch 25, 2026Relieving DateOn or before May 20, 2026Applicability of Profile DisclosureNot ApplicableApplicability of...

Sattva Engineering Construction Limited Acquires Commercial Property in Chennai Sattva Engineering Construction Limited announced on March 25, 2026, the execution of a Sale Deed for the purchase of a commercial property from Hindustan Chamber of Commerce. The total consideration for the acquisition is INR 3,09,00,000.The property, located at 'Greams Dugar' on the 5th Floor, South Wing, Old No.149, New No.64, Greams Road, Nungambakkam, Chennai - 600 006, includes a commercial building with a built-up area of 3,200 square feet and 900 square feet of undivided share of land.Below is a summary of the transaction details:SR. NO.PARTICULARSREMARKS1Name of the Seller/VendorM/s. HINDUSTAN CHAMBER OF COMMERCE2Name of the Buyer/...

Nippon Life India Asset Management Ltd. to Announce Financial Results and Consider Dividend on April 27, 2026 Mumbai – March 25, 2026 – Nippon Life India Asset Management Limited (Scrip Code: 540767 on the BSE, NAM-INDIA on the NSE) announced that its Board of Directors will convene a meeting on Monday, April 27, 2026, to review and approve the audited financial results for both standalone and consolidated operations for the quarter and year concluding March 31, 2026. The board will also consider a recommendation for a dividend on equity shares, if applicable.In accordance with the company’s Personal Securities Trading Policy and Code of Practice & Procedures for Fair Disclosure of Unpublished Price Sensitive Information, a trading...

Welspun Enterprises Completes Acquisition of 20% Stake in Welspun Corporate Services Limited Welspun Enterprises Limited has finalized the acquisition of 2,000 equity shares in Welspun Corporate Services Limited (formerly known as Welspun Home Textiles Limited), representing a 20% stake in the company's equity share capital. The acquisition was completed on March 25, 2026, following the company’s disclosure on March 19, 2026.The consideration for the acquisition totaled Rs. 20,000. As a result of this acquisition, Welspun Corporate Services Limited is now considered an associate of Welspun Enterprises Limited.Further details regarding the transaction are available on the company’s website at www.welspunenterprises.com.Source:

Saatvik Green Energy Limited Secures 185 Acres for Expansion Saatvik Green Energy Limited announced on March 25, 2026, that its material subsidiary, Saatvik Solar Industries Private Limited, has entered into a lease agreement with M P Industrial Development Corporation Limited. The agreement secures 185 acres, approximately 748668 square meters, of land in the Manufacturing Zone for Power and Renewable Energy Equipment.The land, located at Plot No. 5, Industrial Area, Mohasa-Babai, Phase 2, Tehsil Makhan Nagar, District Narmadapuram, will be leased for a period of 99 years. The consideration for the land is INR 11.17 Crores, excluding other applicable charges and duties.According to the company, this agreement supports future...

Dev Accelerator Limited Schedules Investor Meetings Dev Accelerator Limited, formerly Dev Accelerator Private Limited, announced a series of virtual meetings with several investment firms for March 30, 2026.According to a company statement, the meetings will be held on Monday, March 30, 2026, from 3:00 p.m. to 4:00 p.m. with DB Investments, Emerge Capital, Burman Capital, and Aionios Alpha. The company noted that the schedule is subject to change due to unforeseen circumstances.The meetings will not include sharing any unpublished price-sensitive information.Date and DayTimeType of MeetingCompany Name30/03/2026 Monday03.00 pm - 04.00 pmGroupDB Investments30/03/2026 Monday03.00 pm - 04.00 pmGroupEmerge Capital30/03/2026...

Madhav Marbles & Granites Ltd. to Acquire Remaining Stake in Subsidiary Madhav Marbles & Granites Limited announced on March 25, 2026, that its Board of Directors approved the acquisition of an additional 18.01% equity stake in Madhav Natural Stone Surfaces Private Limited, a subsidiary.Upon completion of the acquisition, Madhav Marbles & Granites Limited will own 100% of Madhav Natural Stone Surfaces Private Limited, making it a wholly-owned subsidiary. The acquisition is contingent on the execution of definitive agreements and receipt of necessary approvals.According to company information, Madhav Natural Stone Surfaces Private Limited was incorporated on September 16, 2018. The company has not reported revenue over the past three...

Aksh Optifibre Receives Rectification Order Regarding Tax Demand March 25, 2026 – Aksh Optifibre Ltd. announced today that the Deputy Commissioner, Rajasthan State Tax, Jaipur, issued a Rectification Order on March 25, 2026, addressing an Original Demand dated December 29, 2025.The rectification reduces the original tax demand from ₹5,73,47,563 (Rupees Five Crores Seventy-Three Lakhs Forty-Seven Thousand Five Hundred Sixty-Three Only), including applicable interest and penalty, to ₹94,22,212 (Rupees Ninety-Four Lakhs Twenty-Two Thousand Two Hundred Twelve Only), with applicable interest and penalty.Aksh Optifibre is currently preparing to file an appeal against the remaining balance of the demand. The company does not anticipate a...

Dredging Corporation of India Limited Extends Chairman’s Tenure at Visakhapatnam Port Authority Dredging Corporation of India Limited (DCI) announced an extension to the tenure of Dr. Madhaiyaan Angamuthu, IAS, as Chairman (Additional Charge) of Visakhapatnam Port Authority. The extension, effective March 25, 2026, is for a further period of six months or until the appointment of a regular Chairperson, whichever occurs first.Dr. Angamuthu initially assumed the additional charge of Chairman, Visakhapatnam Port Authority on September 22, 2025, for a six-month period, as per a communication from the Ministry of Ports, Shipping and Waterways dated September 22, 2025. The extension order, dated March 17, 2026, was conveyed to Dr. Angamuthu...

Polyplex Corporation Limited Acquires 51% Stake in TechNova Printrite Products Private Limited Polyplex Corporation Limited announced on March 25, 2026, that it has executed a Share Purchase Agreement and a Shareholder’s and Rights Agreement to acquire 51% of the equity share capital of TechNova Printrite Products Private Limited.The transaction involves Polyplex acquiring 10,01,487 equity shares, representing 51% of the share capital, for a cost of approximately INR 6,210 lakh, subject to post-closing adjustments. This acquisition is based on a 100% enterprise value of INR 12,721 lakh.TechNova Printrite Products Private Limited, incorporated on April 23, 2024, is engaged in the manufacturing and marketing of polyester, paper, and...

HFCL to Establish Preform Manufacturing Facility, Bolsters Optical Fiber Supply Chain HFCL Limited announced today the establishment of a Preform Manufacturing Facility through its wholly-owned subsidiary, HFCL Technologies Private Limited (HTPL). The move is designed to enhance the company's Optical Fiber Cable (OFC) business through increased backward integration, utilizing Preform as a key raw material.The decision follows sustained growth in demand for optical fiber cables and resulting supply constraints. Establishing a Preform manufacturing facility aims to support optical fiber availability, mitigate supply risks, and maximize capacity utilization at HFCL’s various locations. The company is also considering further increases to...

Dr. Lal PathLabs Upgraded by CARE Ratings Dr. Lal PathLabs Ltd. has received a credit rating upgrade from CARE Ratings Limited, as announced on March 25, 2026. The company’s Issuer Rating has been upgraded to CARE AA+; Stable, from the previous rating of CARE AA; Stable.According to CARE Ratings, the upgrade is based on the company’s operational and financial performance for the fiscal year 2025 (audited) and the nine-month period of fiscal year 2026 (unaudited).The rating agency emphasized that the rating represents an opinion on the company’s general creditworthiness and is not specific to any particular debt instrument. CARE Ratings reserves the right to review the rating periodically.Type of RatingRatingRating Action...

Rathi Bars Ltd. Clarifies Resignation of Company Secretary Rathi Bars Ltd. clarified on March 25, 2026, that there was no delay in disclosing the resignation of its Company Secretary & Compliance Officer, Bharti Chitkara. The resignation was effective March 22, 2026, and the company notified the BSE Limited on March 23, 2026, within the required 24-hour timeframe.According to the company, Bharti Chitkara remained in her role and fulfilled all duties and compliance obligations during the notice period until her effective resignation date.A fresh corporate announcement, referencing the prior announcement and incorporating this clarification, has been submitted to the BSE Listing Centre.Bharti Chitkara initially tendered her...

CIAN Agro Industries Schedules Board Meeting to Consider Amalgamation Scheme CIAN Agro Industries & Infrastructure Ltd. announced a board meeting scheduled for Thursday, April 2, 2026, to consider and approve a draft scheme of amalgamation and arrangement. The scheme involves CIAN Agro Industries & Infrastructure Limited and Varron Aluminiumm Private Limited, Sec-One Sales & Marketing Private Limited, Vyankatesh Engineers & Contractors Private Limited, Manas Power Ventures Private Limited, Avenzer Electricals & Infrastructure Private Limited, and Manas Agro Industries & Infrastructure Limited, along with their respective shareholders and creditors.The amalgamation is being pursued under Sections 230 to 232 of the Companies Act, 2013...

SRG Fingrow Finance Limited Re-appoints Dilip Kumar Singhvi as Independent Director SRG Fingrow Finance Limited announced on Wednesday, March 25, 2026, that its Board of Directors approved the re-appointment of Mr. Dilip Kumar Singhvi as an Independent Director. The board meeting commenced at 2:00 PM and concluded at 02:45 PM.Mr. Singhvi's re-appointment is for a second term of five consecutive years, effective July 17, 2026, to July 17, 2031, pending shareholder approval.Mr. Dilip Kumar Singhvi (DIN: 09240489) possesses over 36 years of experience in the banking sector. He holds a B.Sc, M.Com, MBA, and CAIIB, with additional training in mutual funds from NISM. His expertise encompasses credit management, risk assessment...

My Money Securities Ltd. Appoints Rakesh as Independent Director My Money Securities Ltd. announced the appointment of Mr. Rakesh as a Non-Executive Independent Director, effective January 29, 2026. The appointment was approved by shareholders through a special resolution via postal ballot on March 23, 2026.Mr. Rakesh, DIN: 11331598, brings extensive experience in governance and compliance across various industries, including manufacturing, IT, logistics, chemicals, and hospitality. He is a member of the Institute of Company Secretaries of India and a law graduate (LLB).According to company information, Mr. Rakesh’s expertise includes navigating SEBI, NSE, and BSE frameworks and ensuring compliance with the Companies Act and NCLT...

Senco Gold Limited Reaffirms Credit Ratings Kolkata, March 25, 2026—Senco Gold Limited announced that Care Ratings Limited (CARE Edge Ratings) has reaffirmed and assigned credit ratings for the company’s facilities.The ratings are as follows:Instrument/FacilitiesRated Amount (in crore)RatingRating ActionFixed Deposit495Care A+; StableAssignedLong Term Bank Facilities2232.5Care A+; StableAssignedLong Term / Short Term Bank Facilities717.5Care A+; Stable Care A1AssignedShort Term Bank Facilities50Care A1ReaffirmedAccording to a communication from CARE Ratings Limited, the rating reflects the company's operational and financial performance for the fiscal year 2025 (audited) and the first quarter of fiscal year 2026...