Markets

Indian Energy Exchange Explores Establishing Coal Exchange Indian Energy Exchange Limited (IEX) announced on March 18, 2026, that its Board of Directors has given in-principle approval to explore establishing a Coal Exchange. This decision aligns with the 'Coal Regulations 2025' proposed by The Ministry of Coal.The Board meeting took place on March 18, 2026, commencing at 11:05 A.M. and concluding at 01:35 P.M. Further details will be disclosed as events progress.Source:

Samvardhana Motherson International Completes Acquisition of Yutaka Giken Shares Samvardhana Motherson International Limited announced the completion of a tender offer for shares of Yutaka Giken Co., Ltd. (YGCL) on March 17, 2026. The acquisition, initiated through the company’s indirect wholly-owned subsidiary Motherson Global Investments B.V. (MGI BV), involved the acquisition of 1,408,867 common shares of YGCL at a tender offer price of JPY 3,024 per share.The acquisition represents 9.51% of the issued share capital of YGCL. MGI BV previously announced the commencement of the tender offer on February 9, 2026, as part of a series of transactions to acquire shares in YGCL. The tender offer was completed on March 10, 2026.As...

Anzen India Energy Yield Plus Trust Acquires Kudgi Transmission Limited BSE Limited has announced that the Board of Directors of EAAA Real Assets Managers Limited, the Investment Manager of Anzen India Energy Yield Plus Trust, has taken note of a valuation report concerning the acquisition of Kudgi Transmission Limited (KTL). The report was issued by Jayeshkumar Shah, having IBBI Registration Number IBBI/RV/07/2020/13066.According to the report, the fair enterprise value of KTL as of December 31, 2025, is INR 20,691 million. This valuation is part of the Trust's proposed acquisition of 100% equity stake in KTL from Infrastructure Yield Plus II, Infrastructure Yield Plus IIA, and India Infrastructure Yield Plus II, following a Right of...

Accedere Ltd. Focuses on AI-Enabled GRC Solutions Amidst India's Regulatory Shift Mumbai – March 18, 2026 – Accedere Ltd. is expanding its focus on AI-enabled Governance, Risk, and Compliance (GRC) solutions through its platform Controllo.ai, driven by evolving regulatory requirements in India. The company highlighted a growing market for compliance technology stemming from increased regulatory attention to cybersecurity resilience and personal data protection.India's digital infrastructure expansion is prompting heightened regulatory oversight, particularly through the strengthening of cyber resilience requirements under the SEBI Cyber Security and Cyber Resilience Framework (CSCRF) and the implementation of the Digital Personal Data...

Precision Wires India Limited Receives BIS Certification for Copper Wire Rods Precision Wires India Limited announced it has received certification from the Bureau of Indian Standards (BIS) for the manufacture of Copper Wire Rods in accordance with IS 12444 at its Valvada, Valsad, Gujarat plant.The company is awaiting the formal BIS certificate. Commercial production and dispatch of the Copper Wire Rods are anticipated to commence shortly before the end of the current financial year. These wire rods are intended for captive consumption.Source:

Reganto Enterprises Ltd. Fined by BSE for Delayed Financial Results Reganto Enterprises Limited was fined Rs. 1,71,100 including GST by the Bombay Stock Exchange (BSE) for the non-submission of financial results within the prescribed period. The BSE issued the fine via email on March 17, 2026, according to a company statement.The penalty of Rs. 1,71,100 relates to a violation of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs the timely submission of financial results. The company indicated that the financial impact is limited to the amount of the levied penalty and will not affect its operations or other activities.Details of the BSE ActionDetailInformation...

Solix Technologies and Symbiosis Center Announce Center of Excellence for Drug Development Santa Clara, CA & Pune, India – March 18, 2026 – Solix Technologies, a global leader in enterprise data management and Enterprise AI, announced a Memorandum of Understanding (MoU) with Symbiosis Center for Entrepreneurship & Innovation (SCE) in collaboration with Symbiosis Medical College for Women (SMCW) to establish a Center of Excellence (CoE) in New Drug Development and Drug Repurposing. The announcement was made during TAL HealthFest 2026.The Center of Excellence will integrate computational intelligence and AI-driven in-silico modeling with molecular validation frameworks and in-vivo translational research. Initial focus areas will include...

Omnipotent Industries Ltd. Faces Tax Credit Dispute with CGST Department Omnipotent Industries Limited announced on March 18, 2026, that it is involved in a dispute with the Office of the Commissioner of CGST & Central Excise in Thane. The dispute concerns the availment and utilization of irregular input tax credit by the company.The company faces potential financial implications related to the dispute, which include:ItemAmount (INR)Demand and recovery of Input tax credit10,22,57,746Demand and Recovery of InterestAs per applicable provisionsPenalty on the Company10,22,57,746Penalty on Mr. Prince Pratap Shah10,22,57,746Penalty on Mr. Prince Pratap Shah25,000The order regarding the dispute was received on March 17...

Mcleod Russel India Limited Announces Director Resignation Kolkata – March 18, 2026 – Mcleod Russel India Limited announced that Mr. Amritanshu Khaitan has resigned from his position as a Non-Executive Non-Independent Director, effective March 17, 2026. The resignation is attributed to personal reasons and other commitments.Mr. Khaitan’s resignation follows a letter tendered on March 17, 2026. According to a filing, his role on the Board was limited to that of a Non-Executive Director, with access to information provided in the ordinary course of board proceedings. Mr. Khaitan stated that the decision is personal and intended to allow him to focus on other commitments.A table summarizing the details of the resignation is presented...

Annvrridhhi Ventures Limited Responds to BSE Regarding Stock Price Movement Annvrridhhi Ventures Limited, formerly known as J. Taparia Projects Limited, addressed concerns regarding recent stock price movement, responding to a query from the BSE Limited dated March 18, 2026. The company maintains it has consistently adhered to regulatory obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has made timely disclosures.The company asserts that no material information has been withheld and that the recent price fluctuations are solely market-driven, with no control exerted by the company or its management. Annvrridhhi Ventures Limited affirmed its commitment to providing...

ASI Industries Ltd. Acquires Stake in Lloyds Metals and Energy Ltd. ASI Industries Ltd. announced the acquisition of equity shares in Lloyds Metals and Energy Ltd. for investment purposes on March 17, 2026. The acquisition was completed on that date.The total cost of the acquisition amounted to Rs. 3.69 Crores, representing a cash consideration. The acquisition resulted in a fresh acquisition of 30,000 shares, bringing the total cumulative shareholding of ASI Industries Ltd. to 60,000 shares, or 0.011% of Lloyds Metals and Energy Ltd.’s outstanding shares.Lloyds Metals and Energy Ltd., incorporated on April 5, 1977, operates in the steel and mining sector. As of March 31, 2025, the company reported a turnover of Rs. 6721.40 Crore, a...

Thinkink Picturez Ltd. Announces Changes to Board of Directors Thinkink Picturez Limited announced changes to its board of directors on March 18, 2026. The decisions were made following a recommendation from the Nomination and Remuneration Committee and subsequent board consideration.Effective March 13, 2026, Mr. Sunny Jagpatrai Rai resigned from his position as an Additional Non-Executive Independent Director. Ms. Ekta Kukadiya has been appointed as an Additional Non-Executive Independent Director, also effective March 13, 2026. Neither Mr. Rai nor Ms. Kukadiya are related to any existing directors and are not restricted from holding office by any regulatory order.Mr. Rai, in his resignation letter, cited personal reasons for his...

AIA Engineering Ltd. announced that B. F. Shah has resigned from his position as Executive Director (Commercial), effective March 17, 2026. The resignation is due to personal reasons.According to a filing, Mr. Shah’s resignation was acknowledged by the company, and he was relieved from his duties as of the close of business hours on March 17, 2026.The company disclosed the following details regarding the change:Sr. No.ParticularsDetails1Name of SMPMr. B. F. Shah2Reason for changeResignation due to personal reason3Date of CessationMarch 17, 20264Brief Profile (in case of appointment)Not Applicable5Disclosure of relationships between Directors (in case of appointment of Director)Not ApplicableMr. Shah expressed...

EMA India Ltd. Board Discusses Proposed Merger, Appoints Advisors Mumbai – March 18, 2026 – EMA India Ltd. announced today that its Board of Directors convened a meeting on March 18, 2026, to discuss the evaluation and structuring of a proposed merger. The meeting commenced at 11:00 a.m. and concluded at 12:30 p.m.During the meeting, the board approved the appointment of various intermediaries and professional advisors, including a merchant banker, legal advisors, a registered valuer, and other consultants, to assist in the process.EMA India Ltd. (Scrip Code: 522027) has CIN: L46529UP1971PLC003408.Source:

Jyoti CNC Automation Ltd. Responds to Trading Volume Inquiries March 18, 2026 – Jyoti CNC Automation Ltd. (BSE Script Code: 544081) acknowledged a query from the BSE Surveillance regarding recent trading volume activity.In a communication to the BSE, the company stated that the observed increase in trading volume is attributed to market-driven factors. Jyoti CNC Automation Ltd. affirmed its commitment to providing timely information and announcements that may influence the price and volume behavior of its shares.Source:

Virinchi Ltd Promoter Acquires 20,000 Equity Shares Virinchi Ltd announced that Promoter Viswanath Kompella acquired 20,000 equity shares on March 16, 2026. The acquisition was made through open market transactions.According to a regulatory filing, Mr. Kompella’s holdings prior to the acquisition included 1,22,84,888 shares carrying voting rights, 40,66,000 shares in the nature of encumbrance, resulting in a total holding of 1,63,50,888 shares, representing 15.03% of the total share/voting capital and 12.97% of the total diluted share/voting capital.Following the acquisition, Mr. Kompella’s holdings increased to 1,23,04,888 shares carrying voting rights and a total holding of 1,63,70,888 shares, representing 15.05% of the total...

DEE Development Engineers Limited Updates Market Notification on Geopolitical Impact DEE Development Engineers Limited announced a revision to a market notification issued on March 17, 2026, detailing the impact of the ongoing geopolitical situation on export orders and domestic supply commitments.The military conflict in West Asia and subsequent disruptions in the Strait of Hormuz have affected the company’s export operations to customers in the West Asia region. Scheduled shipments are at risk of delay, falling under Force Majeure clauses in export contracts. The company reports that these contracts are not at risk of cancellation and it remains confident in fulfilling its obligations.In response to energy supply constraints, the...

S. M. Gold Ltd. Announces Resignation of Company Secretary S. M. Gold Ltd. announced the resignation of Ms. Megha Saraswat from the positions of Company Secretary and Compliance Officer, effective March 17, 2026. Ms. Saraswat’s departure is due to an opportunity outside the organization.A summary of the key details regarding the resignation is outlined below:ParticularsDetailsReason for ChangeResignation due to an opportunity outside the organization.Date of CessationMarch 17, 2026Resignation LetterIncluded as an attachment.Pulkitkumar Sureshbhai Shah, Managing Director, confirmed the change.Source:

Hasti Finance Limited Appoints Ankit Kumar Jha as Company Secretary Chennai, March 18, 2026 – Hasti Finance Ltd. announced today the appointment of Mr. Ankit Kumar Jha as Company Secretary and Compliance Officer, effective March 18, 2026. The appointment was approved by the company’s Board of Directors at a meeting held on Wednesday, March 18, 2026, which commenced at 11:30 a.m. and concluded at 12:05 p.m.Mr. Jha brings over seven years of experience in listed and private company compliances, with expertise in SEBI laws and the Companies Act 2013. He is not related to any of the company’s directors.Key Details of AppointmentParticularsDetailsReason for ChangeAppointment of Mr. Ankit Kumar Jha as Company Secretary cum...

Paisalo Digital Limited Allots ₹510 Million in Debentures Mumbai – March 18, 2026 – Paisalo Digital Limited announced today that its Operations and Finance Committee has approved the allotment of debentures through a private placement. The company issued 51,000 Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, totaling ₹510 million.The NCDs have a tenure of 30 months, with an interest rate of 9.25% per annum, paid out monthly. The debentures are scheduled for redemption on September 18, 2028, at par.The NCDs are secured by a first-ranking exclusive charge on loan receivables, maintaining a security value equivalent to 1.10 times the outstanding principal amount.In the event of a delay in interest or principal...