Markets

Patel Engineering Limited Receives Letter of Acceptance for Renuka Ji Dam Project Valued at Rs. 910.08 Crores Mumbai, March 19, 2026 — Patel Engineering Limited (PEL), a Mumbai-based infrastructure company, announced it has received a Letter of Award (LoA) from Himachal Pradesh Power Corporation Limited (HPPCL) for the Renuka Ji Dam Project (Package-1), valued at Rs. 910.08 crores including GST. The company was previously declared the Lowest Bidder (L1) for the project.The project is located at Village Dadahu, Tehsil Renuka, District Sirmaur, Himachal Pradesh, and is scheduled for completion within 30 months.The scope of work for Patel Engineering includes the construction of three diversion tunnels, each with a diameter of 9.5...

One MobiKwik Systems Limited Appoints Anis Pathan as Chief Risk Officer One MobiKwik Systems Limited announced the appointment of Mr. Anis Pathan as Chief Risk Officer and Senior Management Personnel, effective March 19, 2026. The decision, recommended by the Nomination and Remuneration Committee and Risk Management Committee, was approved by the Board of Directors during a meeting held on March 19, 2026, commencing at 11:20 A.M. (IST) and concluding at 11:55 A.M. (IST).Mr. Pathan brings over 14 years of experience in risk management across banking, payments, microfinance, insurance, and financial services in India and the Middle East. He previously held leadership roles including Head of Enterprise Risk Management at Oman Arab Bank...

Govind Vishwanath Gadgil Acquires Shares in PNGS Reva Diamond Jewellery Ltd. Pune – March 19, 2026 – Govind Vishwanath Gadgil, a promoter of PNGS Reva Diamond Jewellery Limited, has acquired 51,000 equity shares from the open market. The acquisition was made on March 18, 2026.Following the acquisition, Gadgil’s holding in the company increased to 70,57,669 shares, representing 22.26% of the total share capital and 22.26% of the total diluted share capital. Prior to the acquisition, Gadgil held 70,06,669 shares, which constituted 22.10% of the total share capital and 22.10% of the total diluted share capital.The company's total share capital stands at Rs. 31,69,84,000, divided into 3,16,98,400 equity shares of Rs. 10 each.Other...

Krupa to Acquire 4,65,000 Shares of Swashthik Plascon Ltd. Chennai – March 19, 2026 – Ms. Krupa is proposing to acquire 4,65,000 shares of Swashthik Plascon Ltd. from Mr. Parasmal Mahendra Kumar, a promoter of the company, through an inter-se transfer by way of gift without consideration.According to a filing, the acquisition will involve a transfer of shares from Mr. Mahendra Kumar to Ms. Krupa, an immediate relative of a promoter of Swashthik Plascon Ltd. The transaction is expected to be completed within four working days from March 18, 2026.Post-transaction, Ms. Krupa will hold 6,98,978 shares, representing 3.59% of the company's total share capital, compared to Mr. Mahendra Kumar’s holding of 5.98% prior to the transfer.The...

Regal Entertainment & Consultants Ltd. Announces Terms of Rights Issue Regal Entertainment & Consultants Ltd. announced the terms of a rights issue on March 19, 2026, following a board meeting held on February 4, 2026, and an in-principle approval from BSE Limited on March 16, 2026.The company plans to issue 58,36,990 fully paid-up equity shares for an aggregate amount not exceeding ₹817.18 lakh, assuming full subscription. The rights issue price is set at ₹14 per equity share, including a share premium of ₹4 per share.Key details of the rights issue are outlined below:ParticularsDetailsInstrument being issuedFully paid-up Equity Shares of face value of ₹ 10/- eachType of issuanceRights IssueRights Issue Price₹ 14/- per...

Wagend Infra Venture Limited Announces Departure of Independent Director Wagend Infra Venture Ltd. announced the resignation of Independent Director Yash Surjan, effective March 18, 2026. Surjan’s departure is attributed to increased work and personal commitments. He also served as Chairperson of the Stakeholders Relationship Committee, Chairperson of the Audit Committee, and Chairperson of the Nomination and Remuneration Committee.According to a filing, Surjan confirmed that there are no other material reasons for his resignation. He held no directorships in any other listed entities.Details of Resignation:S. No.ParticularsDetails1Reason for changeResignation of Mr. Yash Surjan (DIN: 10426017), Independent Director2Date...

RSWM Ltd. Announces Resignation of Non-Executive Director RSWM Ltd. announced the resignation of Brij Mohan Sharma (DIN: 08195895) from its Board of Directors, effective March 19, 2026. Sharma cited personal reasons for his departure, communicated via email on the same date. He served as a Non-Executive Non-Independent Director.Sharma reflected on his 15-year association with RSWM, expressing gratitude to the company’s promoters, board, and management. He stated his willingness to provide assistance to RSWM employees in the future.Details of Resignation:ParticularsDetailsDirector NameShri Brij Mohan Sharma (DIN: 08195895)Reason for ResignationPersonal reasonsDate of ResignationMarch 19, 2026Relationship...

Apcotex Industries Ltd. Announces Inter-se Transfer of Shares Apcotex Industries Limited announced that Rita Ashok Parekh, a member of the Promoter Group, acquired 62,280 shares of the company from Mrs. Rita Ashok Parekh & Mrs. Janaki Parekh, also members of the Promoter Group. The transaction, completed on March 18, 2026, involved an inter-se transfer without any consideration.This acquisition, disclosed under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, does not trigger an open offer. The filing was made with the stock exchanges on March 19, 2026.Following the transaction, Rita Ashok Parekh's shareholding in Apcotex Industries Limited increased to 315,250 shares, representing...

Siddharth Sethi Transfers Shares in InfoBeans Technologies Ltd. InfoBeans Technologies Ltd. reported that Siddharth Sethi transferred shares via gift on March 11th and March 16th, 2026.According to filings, prior to the transfers, Siddharth Sethi, acting as a seller along with persons acting in concert, held 2,37,20,504 shares, representing 24.464% of the total share and voting capital, and 24.464% of the total diluted share and voting capital of InfoBeans Technologies Ltd.On March 11th, 2026, a gift transfer of 1,000 shares occurred, representing 0.001% of the total share and voting capital and 0.001% of the total diluted share and voting capital.On March 16th, 2026, another gift transfer involved 3,000 shares, amounting to...

Madhav Copper Limited to Rebrand as M Tek Copper Limited Madhav Copper Limited announced on March 19, 2026, that its Board of Directors has approved a change in the company’s name to M Tek Copper Limited. The change is contingent upon shareholder approval, Ministry of Corporate Affairs authorization, and other required regulatory clearances.The Board also approved a Postal Ballot Notice to solicit shareholder approval for the name change. Details regarding the dispatch of the notice and subsequent updates will be communicated within the mandated statutory timelines.Mr. Ranjit Kumar Singh, a Practicing Company Secretary from M/s. Ranjit & Associates in Vadodara, has been appointed as the Scrutinizer for the Postal Ballot voting...

Aneel Jain Acquires 3,000 Shares of Indo-City Infotech Limited Indo-City Infotech Limited announced that Aneel Jain has acquired 3,000 shares through open market transactions on March 16 and 18, 2026. The acquisition, as disclosed on March 18, 2026, increased Mr. Jain’s holding in the company.Prior to the acquisition, Mr. Jain held 1,997,000 shares, representing 19.20% of the company's total share and voting capital, as well as 19.20% of the total diluted share and voting capital. Following the acquisition of 3,000 shares, Mr. Jain’s holding now stands at 2,000,000 shares, representing 19.23% of the company's total share and voting capital, as well as 19.23% of the total diluted share and voting capital.Indo-City Infotech Limited...

Horizon Impex Private Limited Acquires Shares in Westlife Foodworld Limited Mumbai – Horizon Impex Private Limited, a promoter group entity, disclosed the acquisition of 30,000 equity shares in Westlife Foodworld Limited between March 12th and March 13th, 2026. The disclosure was made under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Shareholding DetailsPrior to the acquisition, Horizon Impex Private Limited held 4,73,97,734 shares, representing 30.40% of Westlife Foodworld Limited's total share/voting capital. Other members of the promoter and promoter group held 4,04,04,964 shares, representing 25.91%. Following the acquisition, Horizon Impex...

Growington Ventures India Ltd. Sees Share Acquisition by Manju Mundhra and Naresh Kumar Mundhra Growington Ventures India Limited announced that Manju Mundhra and Naresh Kumar Mundhra have acquired and disposed of equity shares between February 17, 2026, and March 18, 2026. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Manju Mundhra and Naresh Kumar Mundhra, acting as acquirers, are not part of the promoter or promoter group. The transactions occurred on the BSE Ltd.Here's a summary of the acquisition and disposal details:Details of Acquisition/DisposalDetailManju MundhraNaresh Kumar MundhraShares carrying voting rights acquired3,22,47,778...

Rita Finance and Leasing Limited Responds to Share Price Movement Rita Finance and Leasing Limited acknowledged a query regarding recent movements in its share price. The company confirmed adherence to all regulations of the Bombay Stock Exchange (BSE) and stated that no rules have been violated.Rita Finance and Leasing Limited affirmed that its shares are freely tradable and that the share price is influenced by market forces of supply and demand. The company expressed commitment to transparency, good corporate governance, and creating long-term value for investors.The notification was provided by Sandip Patel, Director, with Director Identification Number 10849576.Source:

Swashthik Plascon Ltd. Announces Inter-se Transfer of Shares Date: March 19, 2026Swashthik Plascon Ltd. announced a transfer of shares amongst promoters and a promoter group member. The transfer, a gift of 4,65,000 shares, is from Parasmal Mahendra Kumar to Krupa. This transaction represents 2.39% of the company's shareholding.The company stated the transfer falls under an exemption outlined in Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation pertains to transfers between promoters and promoter groups.The aggregate shareholding of the promoter and promoter group remains unchanged following the inter-se transaction.Details of the Proposed Transfer:Date of...

Safari Industries India Ltd. Approves Re-appointment of Managing Director and QIP Safari Industries India Ltd. announced that its shareholders approved the re-appointment of Mr. Sudhir Jatia as Managing Director and the raising of funds through a Qualified Institutions Placement (QIP) on March 18, 2026. The resolutions were passed with a requisite majority during a remote e-voting process that concluded on the same date.According to the results, 21,900,000 shares were voted, with 21,900,000 votes cast in favor of Mr. Jatia’s reappointment. Similarly, for the QIP resolution, 21,900,000 shares were voted, with 21,900,000 votes in favor.A detailed breakdown of the voting results, along with a Scrutinizer's Report from Dilip Bharadiya &...

SAR Auto Products Ltd. Announces Sale of Equity Shares by Promoter SAR Auto Products Ltd. announced that Mr. Shreyas R. Virani, a promoter of the company, sold equity shares on March 17 and 18, 2026. The announcement was made according to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011.Mr. Virani, along with other persons acting in concert including Mr. Rameshbhai Dvirani, Mrs. Rajeshree R Virani, and Ms. Urvi S Virad, disposed of shares.Prior to the sale, Mr. Virani held 318,770 shares, representing 27.68% of the total diluted share/voting capital. The persons acting in concert held a combined total of 551,791 shares, representing 18.31%.The details...

Bizotic Commercial Ltd. Receives Fourth Tranche of Warrant Consideration Bizotic Commercial Ltd. announced the receipt of the fourth tranche of consideration for the allotment of convertible warrants. The board of directors approved the receipt of funds during a meeting held on March 19, 2026.The company received Rs. 4,09,00,000 (Rupees Four Crores Nine Lakhs Only) from Bizotic Dynamics Private Limited. The warrants were issued at a price of Rs. 290.00 each, comprising a premium of Rs. 280.00 and a face value of Rs. 10.00.Source:

Sundaram-Clayton to Consider Interim Dividend on March 27, 2026 Sundaram-Clayton Limited announced it will convene a board of directors meeting on Friday, March 27, 2026, to consider and potentially declare an interim dividend for the financial year ending March 31, 2026. Details regarding the dividend rate, amount, record date, and payment date will be disclosed after board approval.Trading window for the company's scrip will be closed for designated persons from March 20, 2026, to March 29, 2026, inclusive, in accordance with the company's code of conduct and the SEBI (Prohibition of Insider Trading) Regulations, 2015.Source:

Ola Electric Launches Navratri Mahotsav, Expands Insider Upgrade Program Ola Electric today announced the launch of its Navratri Mahotsav, a limited-period festive campaign offering benefits of over ₹ 30,000 across its S1 scooter and Roadster motorcycle portfolio. The company has also expanded its Ola Insider Upgrade Program to 60% of its customer base across India.Starting today, Ola Electric is rolling out a suite of limited-period festive offers:Festive Benefits on S1: Customers can avail a ₹ 9,999 cash discount along with an 8-Year Extended Warranty across the S1 range. Roadster Range: The Roadster motorcycles will be available at revised prices, complemented by an 8-Year Extended Warranty. Muhurat Mahotsav: Each day will...