Markets

Onix Renewable Limited Acquires 70,00,000 Shares of Sarda Proteins Ltd. Onix Renewable Limited has acquired 70,00,000 shares of Sarda Proteins Limited through a preferential allotment upon the conversion of warrants into equity shares. The acquisition, completed on March 18, 2026, represents 77.99% of the target company’s share and voting capital.Prior to the acquisition, Onix Renewable Limited held no shares in Sarda Proteins Limited. Following the acquisition, Onix Renewable Limited’s holdings total 70,00,000 shares, constituting 77.99% of the company’s share and voting capital.Sarda Proteins Limited’s equity share capital was 17,25,900 shares, with a total voting capital of 1,72,59,000. The acquisition has increased the company’s...

Accelya Solutions India Limited Receives Income Tax Order and Show Cause Notice Mumbai – March 19, 2026 – Accelya Solutions India Limited announced today that it has received an order under section 143(3) read with section 144B of the Income Tax Act, and a show cause notice under section 270A of the Act, from the Assessment Unit, Income Tax Department, pertaining to the financial year 2022-23.The order from the Income Tax Department results in an income tax demand of Rs. 1,749.08 lakhs due to certain additions and disallowances. The company is preparing to file an application and appeal against this order with the appropriate authority. Simultaneously, Accelya is formulating a response to the received show cause notice.According to...

Diffusion Engineers Ltd. Announces Investor Meeting and Plant Visit Diffusion Engineers Limited announced it will host Nirbhay Investment Opportunities Fund for a meeting and plant visit on Tuesday, March 24, 2026.The meeting will be based on publicly available information and will not involve the sharing of any unpublished price-sensitive information, according to company policy.Chanchal Jaiswal, Company Secretary and Compliance Officer, conveyed the information. The company is located in Nagpur, Maharashtra, India.Source:

All Time Plastics Schedules Investor Meetings All Time Plastics Limited announced it will host a group meeting with investors and analysts in Mumbai on Tuesday, March 24, 2026, beginning at 12:00 noon. The meeting will be based on publicly available information, and no unpublished price sensitive information is expected to be discussed. The schedule was released in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company noted that changes to the schedule may occur due to unforeseen circumstances.Source:

IIFL Capital Services Limited Faces Monetary Penalty from SEBI IIFL Capital Services Limited (formerly known as IIFL Securities Limited) has received a Settlement Order from the Securities and Exchange Board of India (SEBI) as part of a Settlement Scheme for Association with Certain Algo Platforms, 2025.According to a filing, SEBI imposed a monetary penalty of ₹1,00,000 on the company. The order, dated March 17, 2026, was displayed on the SEBI website on March 18, 2026.The action stems from SEBI’s examination of associations with trading platforms like Tradetron. The regulator alleged that these associations, which included strategies providing guaranteed returns or consistent profit and/or showcased past or expected future...

Omaxe Limited Receives Credit Ratings from Acuite Ratings & Research Omaxe Limited announced on March 19, 2026, that it has received credit ratings from Acuite Ratings & Research Limited. The ratings were assigned via a Rating Letter dated March 18, 2026.Acuite Ratings & Research Limited has assigned the following ratings to Omaxe Limited:ParticularsLong Term RatingShort Term RatingRating ActionBank Loan RatingsACUITE BBB- (Stable)ACUITE A3AssignedDetails regarding the ratings are available on the Acuite Ratings & Research Limited website at https://connect.acuite.in/fcompany-details/Omaxe Limited/l 8th Mar 26 and on the Omaxe Limited website at https://www.omaxe.com/i□vestor.The ratings were disclosed by D B Srikanta...

Rose Merc Limited Partners with Cricketer Riyan Parag to Display Logo on Cricket Bat Mumbai, India – March 19, 2026 – Rose Merc Limited, a diversified enterprise with interests in sports, fashion, media, events, and lifestyle, announced a partnership with Indian cricketer and Rajasthan Royals captain Riyan Parag.Under the agreement, Rose Merc Limited’s logo will be displayed on the back of Riyan Parag’s cricket bat. This visibility will be amplified through live game broadcasts and various media platforms.“We are delighted to associate ourselves with an athlete like Riyan Parag, who embodies qualities like confidence, consistency, and forward-thinking,” said Mr. Purvesh Krishna Shelatkar, Executive Director, Rose Merc Ltd.Riyan...

Shanti Gold International Ltd. Re-appoints Directors, Approves Remuneration Increase Shanti Gold International Limited announced on March 19, 2026, that its Board of Directors has approved the re-appointment of Mr. Pankajkumar Jagawat and Mr. Manojkumar Jain. The decisions were made at a board meeting held on March 19, 2026, which commenced at 4:00 p.m. IST and concluded at 4:45 p.m. IST.Mr. Pankajkumar Jagawat will be re-appointed as Managing Director for a period of 5 years, effective September 01, 2026, to August 31, 2031. His remuneration will also be increased, effective February 01, 2026, subject to shareholder approval through a Postal Ballot. Mr. Jagawat oversees factory operations and is responsible for financial activities...

Accelya Solutions India Ltd. Receives Income Tax Order and Show Cause Notice Mumbai – March 19, 2026 – Accelya Solutions India Ltd. announced today that it has received an order under Section 143(3) read with Section 144B of the Income Tax Act, and a show cause notice under Section 270A of the Act, both from the Assessment Unit, Income Tax Department, pertaining to the financial year 2022-23.The order results in income tax demands of Rs. 1,749.08 lakhs. The company intends to file an application and appeal against the order with the appropriate authority and is preparing a response to the show cause notice.According to a statement provided by the company, the order and notice are not expected to have a material impact on its...

Gabion Technologies India Ltd. Appoints New Statutory Auditor Gabion Technologies India Ltd. announced the appointment of M/s. Vipin Aggarwal Kudsia & Associates as the Statutory Auditors of the company, effective March 19, 2026. The appointment fills a casual vacancy for the financial year 2025-26.The Board of Directors approved the appointment during a meeting held on March 19, 2026, which commenced at 3:00 p.m. and concluded at 4:00 p.m. M/s. Vipin Aggarwal Kudsia & Associates, a Chartered Accountants firm based in New Delhi, will serve until the next annual general meeting, pending shareholder approval.M/s. Vipin Aggarwal Kudsia & Associates offers a range of services including audit, taxation, corporate law, and wealth...

Physicswallah Limited Completes Acquisition of Nextseed Foundation Physicswallah Limited has completed the acquisition of Nextseed Foundation, a Section 8 Company, becoming the sole shareholder effective March 18, 2026. The acquisition involves 100% of the issued and paid-up equity share capital of Nextseed Foundation.The purchase consideration for this acquisition is INR 1,00,000. Previously, on February 5, 2026, the Board of Directors of Physicswallah Limited approved the acquisition.Further details regarding this acquisition were previously disclosed on February 5, 2026. The information is also available on the company's website at hƩps://www.pw.live/investor-relaƟons.Source:

B.A.G Films and Media Limited Allots Warrants to Promoter Group Member B.A.G Films and Media Limited announced the allotment of 2,000,000 warrants convertible into equity shares to Skyline Tele Media Services Limited, a member of the promoter group, on March 19, 2026. The allotment follows shareholder approval secured during an Extraordinary General Meeting on February 11, 2026, and in-principle approvals received from the BSE Limited and National Stock Exchange of India on March 17 and 18, 2026, respectively.The warrants have an issue price of Rs. 8.25 each, with an initial consideration of Rs. 41,250,000, representing 25% of the total issue size of Rs. 165,000,000.Details of the warrant allotment are as follows:Allottee...

ASM Technologies Ltd. to Invest INR 79.57 Crores in Asmaitha Wireless Technologies ASM Technologies Ltd. announced on March 19, 2026, that its Board of Directors approved a proposed investment of INR 79.57 crores in Asmaitha Wireless Technologies Private Ltd.The acquisition of Asmaitha Wireless will strengthen ASM Technologies' capabilities in engineering design-led manufacturing, particularly in embedded, firmware, and wireless domains. Asmaitha Wireless, incorporated in India on April 29, 2010, recorded a turnover of INR 3.67 crores in fiscal year 2024-25. The company provides engineering and manufacturing services and supports telecom operators and OEMs. Asmaitha has also developed customer premises and network infrastructure...

ASM Technologies to Invest INR 79.57 Crores in Asmaitha Wireless Technologies ASM Technologies Ltd. announced that its Board of Directors approved a proposed investment of INR 79.57 crores in Asmaitha Wireless Technologies Private Ltd. during a meeting held on March 19, 2026. The meeting commenced at 2:00 p.m. and concluded at 4:25 p.m.Asmaitha Wireless Technologies, incorporated in India on April 29, 2010, reported a turnover of INR 3.67 crores for the fiscal year 2024-25. The acquisition will bolster ASM Technologies' capabilities in engineering design-led manufacturing, particularly within the embedded, firmware, and wireless domains.ASM Technologies plans to acquire a 51% stake in Asmaitha Wireless Technologies for a cash...

Sayaji Industries Ltd. Reviews Board and Director Performance Sayaji Industries Ltd. announced that a meeting of its Independent Directors was held on March 19, 2026. The meeting, which commenced at 3:30 p.m. and concluded at 4:15 p.m., focused on evaluating the performance of the company's leadership and governance structures.Key agenda items included a review of the performance of Non-Independent Directors and the Board as a whole. Additionally, the Independent Directors assessed the performance of the Chairperson, considering perspectives from Executive and Non-Executive Directors. The meeting also evaluated the adequacy and timeliness of information flow between company management and the Board to ensure effective oversight.The...

Nicco Uco Alliance Credit Ltd. Appoints Sanjushree Paul as Company Secretary & Compliance Officer Kolkata – Nicco Uco Alliance Credit Ltd. announced the appointment of Ms. Sanjushree Paul as Company Secretary & Compliance Officer, effective March 19, 2026. The appointment was approved by the Board of Directors at a meeting held on March 19, 2026, which commenced at 2:00 P.M. and concluded at 3:50 P.M.Ms. Paul will also serve as a Key Managerial Personnel of the company. She is a qualified Company Secretary and a member of the Institute of Company Secretaries of India, possessing experience in corporate law and regulatory compliance. Ms. Paul is not related to any director of the company and is not debarred from holding the office of...

Physicswallah Ltd. Completes Acquisition of Nextseed Foundation Physicswallah Limited announced the completion of its acquisition of Nextseed Foundation on March 18, 2026. The acquisition involved the purchase of 100% of the issued and paid-up equity share capital of Nextseed Foundation.The purchase consideration for the acquisition was 100,000 Indian Rupees. As a result of the acquisition, Nextseed Foundation has become a wholly owned subsidiary of Physicswallah Limited.Previously, the company informed the Board of Directors’ approval of the acquisition on February 5, 2026. A detailed disclosure related to the acquisition was previously submitted on the same date.Source:

Capital Small Finance Bank Ltd. Announces Trading Window Closure Mumbai – Capital Small Finance Bank Ltd. has announced the closure of its trading window for equity shares and listed debt securities, effective April 1, 2026. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.The trading window closure applies to designated individuals, including their immediate relatives. It will remain in effect until 48 hours after the conclusion of the board meeting where audited financial results for the period ending March 31, 2026, are considered and approved.The date for the board meeting is to be announced subsequently.Capital Small Finance Bank is currently undergoing an early redemption with a...

Larsen & Toubro Receives Observations on Proposed Scheme of Arrangement Larsen & Toubro Limited (NSE: LT, BSE: 500510) announced it has received observation letters from the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) regarding the proposed Scheme of Arrangement between Larsen & Toubro Limited and L&T Realty Properties Limited. The Scheme involves Larsen & Toubro Limited as the transferor company and L&T Realty Properties Limited as the transferee company, along with their respective shareholders and creditors.The observations, dated March 18 and 19, 2026, respectively, were issued following the company's application under Regulations 37 of the Securities and Exchange Board of India (SEBI)...

Tata Elxsi Launches Global Offshore Development Center for Terumo Corporation Pune, India – March 19, 2026 – Tata Elxsi, a global leader in design and technology services, and Terumo Corporation, a global medical innovation company, have inaugurated a new 'Terumo-Tata Elxsi Offshore Development Center'. The center will focus on developing Terumo’s cardiac and vascular solutions, enhancing engineering and innovation capabilities and providing lifecycle support across international markets.The collaboration leverages Tata Elxsi's expertise in design, engineering, verification, regulatory compliance, and localization, combined with the use of AI, GenAI, and digital capabilities in software engineering. This aims to accelerate...