Markets

Praruh Technologies Ltd. Receives Purchase Order from RailTel Corporation of India Ltd. Praruh Technologies Ltd. announced today that it has received a purchase order from RailTel Corporation of India Ltd. The order, valued at Rs. 38,98,16,753.90, encompasses the design, supply, installation, testing, commissioning, and maintenance for 8 years.RailTel is implementing an optical fiber-based Metro-DWDM System with new generation optical networking systems. The scope of Praruh Technologies' work includes implementation across 286 locations, comprising approximately 400 Nokia Networks devices spread across India. This involves the design, implementation, and maintenance of the project for the complete contract period of 8 years.The...

Aveer Foods Ltd Receives Trading Approval for Promoter Share Conversion Aveer Foods Ltd. announced today, March 25, 2026, that it has received trading approval from the Bombay Stock Exchange (BSE) for 226,087 equity shares issued to a promoter on a preferential basis. The shares were issued as a result of the conversion of warrants.The allotment was made to Mr. Rajkumar Hukmichand Chordia. The shares have a face value of Rs. 10 each and were issued at a premium. The approval, reference no. LOD / PREF / SV / 402/ 2025-2026, was granted on March 24, 2026. The shares will be listed and admitted to dealings on the BSE effective March 25, 2026. The ISIN for the shares is INE0O9BNO1011, and the distinctive numbers range from 4028253 to...

Avio Smart Market Stack Limited Receives Purchase Order from Indian Overseas Bank Mumbai, India – March 25, 2026 – Avio Smart Market Stack Limited, formerly known as Bartronics India Limited, announced today that it has received a Purchase Order from Indian Overseas Bank. The order is for the provision of Corporate Business Correspondent services for the engagement and management of Business Correspondent Agents (BCAs) under Financial Inclusion Technology.The contract, awarded to a domestic entity, is a service contract for Financial Inclusion – Corporate Business Correspondent Services. The agreement’s duration is three years and is renewable at the bank’s discretion. Payment will be released monthly based on transaction reports from...

Magellanic Cloud Subsidiary Secures INR 10 Crore Purchase Order from Indian Bank Magellanic Cloud Ltd. announced today that its wholly-owned subsidiary, Provigil Surveillance Limited, has received a purchase order from Indian Bank, valued at approximately INR 10 crore.The order entails the deployment of advanced, AI-powered, centrally monitored electronic surveillance systems across multiple Indian Bank branch locations. The project will operate under an OPEX model and is designed to provide smart monitoring, real-time visibility, and enhanced security management for the bank's network. The contract period is for 3 years.According to information released, neither the company’s promoters, promoter group, nor group companies have any...

Dredging Corporation of India Appoints Capt. S. Divakar as Managing Director & Chief Executive Officer Dredging Corporation of India Limited (DCI) announced the appointment of Capt. S. Divakar as Managing Director & Chief Executive Officer, effective March 25, 2026. The Nomination and Remuneration Committee and the Board of Directors approved the appointment at a meeting held on March 23, 2026.Capt. Divakar will serve as an Additional Director until the next General Meeting, expected within three months. Subsequently, shareholder approval will be sought for his regular appointment as a Non-Independent & Executive Director until he reaches the age of 60 years, or until further orders.Capt. Divakar began his career with DCI in 1987...

Burnpur Cement Limited Receives Penalty Waiver Approval from BSE Limited Burnpur Cement Limited announced on March 25, 2026, that it has received approval for a waiver of penalty from the BSE Limited. The waiver pertains to Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The penalty of Rs. 1,55,760 (including GST) was initially levied by the BSE Limited for non-compliance related to the quarter ended June 30, 2025. The company had previously communicated with the exchange regarding this matter in letters dated August 30, 2025, and September 15, 2025.Punam Kumari Sharma, Company Secretary and Compliance Officer, confirmed the receipt of the waiver approval via email from BSE Limited...

KS Smart Technologies Ltd. Secures Project Worth INR 83.51 Crores KS Smart Technologies Limited announced that its wholly-owned subsidiary, KS Smart Solutions Private Limited, has received a work order from Kerala State Electronics Development Corporation Limited (KELTRON), a Government of Kerala undertaking. The project, valued at approximately INR 83.51 crores (inclusive of applicable taxes), is for the Women and Child Development Department, Government of Gujarat.The assignment involves the deployment of 55,523 units of Samsung Galaxy Smartphone A06 5G (6GB/128GB) under the Integrated Child Development Services (ICDS) scheme. The tentative timeline for completion is immediate, but no later than April 15, 2026.Key Details of the...

Vibhor Steel Tubes Ltd Director Acquires Shares Through Open Market Transactions Vibhor Steel Tubes Ltd announced that Vijay Kumar Kaushik, a Promoter and Director of the company, has acquired 43,678 equity shares through open market transactions. This acquisition represents 0.23% of the total paid-up capital of the company.The acquisition occurred on March 24, 2026, on the National Stock Exchange (NSE). The price per share was Rs. 110.0984.Shareholding DetailsThe following table summarizes Mr. Kaushik’s shareholding before and after the acquisition:DetailBefore AcquisitionAfter AcquisitionShares carrying voting rights held40,68,50041,12,178% w.r.t. total share/voting capital21.46%21.69%% w.r.t. total diluted...

Unitech International Ltd. Committee of Creditors Approves Resolution Plan Request Unitech International Ltd. announced that the 7th meeting of its Committee of Creditors (CoC) was held on Tuesday, March 24, 2026, via video conference. The CoC deliberated on several agenda items related to the ongoing Corporate Insolvency Resolution Process (CIRP).A key outcome of the meeting was the approval of the Request for Resolution Plan (RFRP) and Evaluation Matrix for the corporate debtor, which passed with 100 percent of voting rights.Several other agenda items, including the appointment of legal counsel, a Public Custodian Services (PCS) firm, ratification of expenses incurred by the Resolution Professional, and approval of the fees for...

Readymix Construction Machinery Ltd. Receives Purchase Orders Worth Rs. 15.80 Crores Readymix Construction Machinery Limited announced it has received purchase orders totaling Rs. 15.80 Crores for the development, fabrication, and installation of two '2 Lines Powder Plants'. The orders were received from a domestic client, a leading manufacturer in adhesives.The project involves a 22-week timeline, encompassing approximately 3 months of supply and 2 months for commissioning. The value of the order is Rs. 15.80 Crores, excluding Goods and Services Tax (GST).The company secretary and compliance officer, Munjaji P. Dhumal, confirmed that neither the company’s promoters, promoter group, or group companies have any interest in the entity...

ICICI Lombard General Insurance to Hold Board Meeting on April 15, 2026 ICICI Lombard General Insurance Company Ltd. announced it will hold a board meeting on Wednesday, April 15, 2026, in Mumbai. The meeting’s agenda includes consideration and approval of the company’s audited financial results and financial statements for the quarter and financial year ending March 31, 2026. Additionally, the board will consider a final dividend recommendation for the financial year ending March 31, 2026.In accordance with regulatory guidelines, the trading window for company insiders will be closed from Wednesday, April 1, 2026, to Friday, April 17, 2026, for all designated persons and their immediate relatives. This closure precedes the...

Sukhjit Starch & Chemicals Ltd. Receives Demand Order from Income Tax Department Sukhjit Starch & Chemicals Ltd. announced today, March 25, 2026, that it received an Assessment Order u/s 143(3) for the Assessment Year 2024-25 from the Income Tax Department. The order proposes a demand of Rs. 4.46 Cr, including interest.The company plans to file an appeal against the order before the Concerned Appellate Authorities. Sukhjit Starch & Chemicals Ltd. assesses that the demand is not maintainable and does not foresee any liability to crystallize. The company does not anticipate any significant impact on its financial position or operations as a result of this order.Name of the authorityAssessment Unit Income Tax DepartmentNature and...

Burnpur Cement Ltd. Receives Penalty Waiver Approval from BSE Limited Kolkata – Burnpur Cement Ltd. announced on March 25, 2026, that it has received approval for a waiver of penalties from the BSE Limited. The approval pertains to a delay in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter and year ended March 31, 2025.The company had previously applied for the waiver on July 11, 2025, regarding fines levied by the BSE Limited for the compliance delay. The approval was communicated to Burnpur Cement Ltd. via email from BSE Limited on March 25, 2026.Source:

Ceigall India Ltd. Appoints Akshay Jain as Vice President (Strategy & Planning) Ceigall India Ltd. announced the appointment of Mr. Akshay Jain as Vice President (Strategy & Planning), effective March 26, 2026. The appointment was approved by the Board of Directors via resolution passed by circulation on March 25, 2026.Mr. Jain, aged 41, holds a Post Graduate Diploma in Management (Finance) from the Indian Institute of Management, Lucknow, and a B.Tech in Mechanical Engineering from the Indian Institute of Technology, Madras. He brings over 18 years of experience in finance and investment, previously working with Survam Family Office, One MobiKwik Systems Limited, Vardhman Textiles Limited, ICICI Bank, and Bank Muscat.Source:

Ola Electric Expands 'Ola Insiders' Upgrade Program to Over 150 Cities Bengaluru, March 25, 2026 – Ola Electric announced a strong initial response to its recently launched Ola Insiders Upgrade Program, with over 50,000 customers expressing strong interest within days of launch. The company is expanding the program to over 150 cities, enabling 80% of customers across the country to seamlessly upgrade to the latest Ola electric vehicles.The Upgrade Program, part of the broader Ola Insiders community initiative, allows existing Gen 1 and Gen 2 customers to upgrade their vehicles to the latest Gen 3 S1 portfolio and Roadster motorcycles with attractive benefits."The overwhelming response to the Ola Insiders Upgrade Program reflects the...

Octal Credit Capital Limited Re-Appoints Arihant Patni as Whole Time Director Octal Credit Capital Ltd. announced on March 25, 2026, the re-appointment of Mr. Arihant Patni as Whole Time Director. The appointment is for a period of five years, commencing from March 29, 2026, and ending on March 28, 2031, subject to approval by the company’s shareholders at the upcoming general meeting.The Nomination and Remuneration Committee previously proposed the re-appointment, which was subsequently approved by the Board of Directors.Below is a table summarizing details regarding Mr. Patni’s re-appointment:DetailInformationDIN07210950Age34QualificationB. ComExperience13 YearsExpertise in specific functional AreaFinance &...

GP Global APAC Pte Ltd. Reduces Stake in GP Petroleums Ltd. GP Global APAC Pte Ltd. disclosed the sale of 14,33,830 equity shares of GP Petroleums Limited on March 23, 2026. The transaction, announced on March 25, 2026, resulted in a reduction of the seller’s holdings in the target company.GP Global APAC Pte Ltd., a promoter group entity, previously held 39.65% of the company's shares, representing 2,02,16,127 shares. Following the sale, its holdings decreased to 36.84%, equating to 1,87,82,297 shares.The disposal occurred off-market. The total equity share capital and voting capital of GP Petroleums Limited remained at 50,984,383.Here's a summary of the changes in holdings:Holdings Before Disposal:DetailNumber% of Total...

Neo Infracon Ltd. Promoter Acquires Shares Neo Infracon Limited announced that promoter Mr. Darshik D. Mehta acquired shares in the company on March 24, 2026. The disclosure was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Mr. Mehta, a promoter group member, held 3,63,438 shares, representing 6.85% of the total share/voting capital, before the acquisition. Following the acquisition of 2,173 shares, Mr. Mehta now holds 3,65,611 shares, representing 6.89% of the total share/voting capital.The acquired shares were obtained through open market transactions.The total equity share capital of Neo Infracon Limited is 53,06,800.Source:

Ceigall India Ltd. Authorizes Exploration of Sale of Subsidiary Stakes Ceigall India Limited announced on March 25, 2026, that its Management Committee has authorized the consideration of a Non-Binding Offer (NBO) letter received from an Asset Management Company. The offer pertains to the potential sale of 100% equity stake in two subsidiaries: Ceigall Jalbehra Shahbad Greenfield Highway Private Limited and Ceigall Bathinda Dabwali Highways Private Limited.The Management Committee meeting took place on March 25, 2026, commencing at 2:30 P.M. (IST) and concluding at 2:45 P.M. (IST).The transaction remains subject to due diligence, negotiation, execution of definitive agreements, and receipt of necessary approvals. Further details, in...

V-Guard Industries Ltd. Allots Shares Under Employee Stock Option Scheme V-Guard Industries Ltd. announced the allotment of 49,290 equity shares to 11 employees on March 25, 2026. The shares were issued under the company's ‘ESOS 2013’ Employee Stock Option Scheme. Each share has a face value of ₹ 1.The board meeting regarding the allotment commenced at 10:30 AM and concluded at 02:40 PM.ParticularsDetailsType of securitiesEquity SharesType of IssueIssuance pursuant to allotment of shares under Employee Stock Option Scheme of the Company 'ESOS 2013'Total number of securities proposed to be issued49,290Vikas Kumar Tak, Company Secretary & Compliance Officer (Membership No. FCS 6618), confirmed the allotment.Source: