Markets

Hubtown Limited Incorporates Wholly-Owned Subsidiary, 25 Chalets Private Limited Hubtown Limited announced the incorporation of a new wholly-owned subsidiary, 25 Chalets Private Limited, on March 30, 2026. The new entity is incorporated in India.According to filings, 25 Chalets Private Limited is engaged in the development of real estate projects. The company was incorporated with an authorized share capital of Rs. 1,00,000.Hubtown Limited holds 100% of the shareholding in 25 Chalets Private Limited, establishing it as a related party. The consideration for the incorporation was in the form of cash.ParticularsDetailsName of the entity, date &country of incorporation, etcName: 25 Chalets Private Limited Date of Incorporation...

Renol Polychem Limited Allots 6,86,000 Equity Shares Following Warrant Conversion Renol Polychem Limited announced the allotment of 6,86,000 equity shares with a face value of Rs. 10 each at a price of Rs. 134 per share, including a premium of Rs. 124 per share, following the exercise of warrants. The allotment occurred on March 30, 2026, subsequent to a Board meeting held earlier in the day.The company received Rs. 6,89,43,000 from the warrant holders upon receiving the remaining exercise price of Rs. 100.50 per warrant, representing 75% of the warrant exercise price. These newly allotted shares rank pari passu with existing equity shares, entitling them to dividends and other shareholder rights.As a result of this allotment, the...

GS Auto International Ltd. Announces Rights Issue and Appointments GS Auto International Ltd. announced on March 30, 2026, that its Board of Directors approved a rights issue to raise approximately 30 Crores (Rupees Thirty Crores). The rights issue will be offered to eligible equity shareholders as on a record date to be notified subsequently. The offering will be conducted in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.The Board also constituted a Rights Issue Committee to proceed with the rights issue and determine related terms and conditions, including the record date, rights issue price, and rights entitlement...

Dixon Display Technologies Private Limited Receives Approval Under Electronics Component Manufacturing Scheme New Delhi, March 30, 2026 – Dixon Technologies (India) Limited announced that its wholly-owned subsidiary, Dixon Display Technologies Private Limited (DDTPL), has been granted approval under the Electronics Component Manufacturing Scheme (ECMS) on Monday, March 30, 2026.The approval allows DDTPL to undertake display module sub-assembly. The company plans to scale up capabilities in liquid crystal modules and TFT-LCD modules.“We are pleased to receive approval under the Electronics Component Manufacturing Scheme (ECMS) for our Wholly Owned Subsidiary, Dixon Display Technologies Private Limited,” said Mr. Atul B. Lall, Vice...

Ambika Cotton Mills Ltd. Receives Assessment Order with Demand of Rs. 45,24,490 Ambika Cotton Mills Limited announced on March 30, 2026, that it received an assessment order from the Income Tax Department’s Assessment Unit. The order, dated March 29, 2026, pertains to the Assessment Year 2024-25 and includes a demand of Rs. 45,24,490.The demand arises from a disallowance of an expenditure of Rs. 1,75,93,707, which the Assessment Unit is construing as royalty or technical fees, alongside additional disallowances of Rs. 383,474. The company’s submissions that the expenditure does not fall under the definition of royalty or technical fees and is not disallowable for export sales, were not accepted by the Assessment Unit, citing a...

Sundram Fasteners Responds to Volume Movement Query Sundram Fasteners Ltd. addressed a communication regarding volume movement, stating that there is no price-sensitive information requiring disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that would affect the company’s operations, performance, or stock behavior. The response was provided on March 30, 2026, referencing a communication received on the same date.The clarification was communicated by G Anand Babu, Senior Manager - Finance & Company Secretary, on behalf of Sundram Fasteners Limited.Source:

CRISIL Limited Receives TDS Proceedings Assessment Order for AY 2020-21 CRISIL Limited announced today, March 30, 2026, that it has received a TDS proceedings order from the Income Tax Authority (TDS department) related to the Assessment Year 2020-21. The order, issued on March 29, 2026, concerns TDS on foreign payments.The company has received a demand of INR 27.24 Crores, inclusive of interest. This demand stems from previous years' orders addressing a similar issue, against which CRISIL has already filed an appeal with the Hon'ble CIT(Appeals).According to CRISIL, the proceedings are u/s 201(1) and 201(1A) r.w.s. 195. The company intends to file an appeal against the order. CRISIL stated that there is no immediate impact on its...

SEPL Energy Private Limited Sells 20,00,000 Units of Anzen India Energy Yield Plus Trust Mumbai – March 30, 2026 – SEPL Energy Private Limited, the sponsor of Anzen India Energy Yield Plus Trust, sold 20,00,000 units of the trust on March 27, 2026. The transaction involved sales on both the BSE Limited and the National Stock Exchange of India Limited.The total value of the sale was Rs. 25,00,00,000. Following the sale, SEPL Energy Private Limited holds 17,25,000 units, representing a 0.67% stake in Anzen India Energy Yield Plus Trust. Prior to the transaction, the company held 37,25,000 units, constituting 1.46% of the total units.The disclosure was made under the Securities and Exchange Board of India (Prohibition of Insider...

PTC India Financial Services Limited Announces Resignation of MD & CEO PTC India Financial Services Limited announced that R. Balaji has resigned from the position of Managing Director & Chief Executive Officer, effective June 30, 2026. The resignation is described as being for personal reasons.R. Balaji, whose Director Identification Number is 05197554, submitted his resignation in a communication dated March 30, 2026. A copy of the resignation letter and accompanying email correspondence have been received by the company.Below is a summary of the resignation details:ParticularsR. Balaji (DIN: 05197554)Reason for changeResignationDate of cessationJune 30, 2026In a separate communication to Dr. Manoj Jhawar, Chairman of...

Tata Chemicals’ Mithapur Facility Reaches 1 Million Tonnes Soda Ash Production Milestone in FY 2025-26 Mithapur, Gujarat, March 30, 2026 – Tata Chemicals Limited announced today that its Mithapur facility in Gujarat achieved a production milestone of 1 million tonnes of soda ash in fiscal year 2025-26.The achievement reflects the collaborative efforts across various teams including operations, maintenance, utilities, logistics, procurement, quality, safety, and marketing & sales.To commemorate the milestone, employees at the Mithapur site gathered for a ceremony featuring senior leadership inaugurating a commemorative plaque and unveiling a miniature of the one-millionth tonne bag of soda ash.Rino Raj, Vice President and Site Head...

Coromandel International Ltd. Announces Leadership Changes Coromandel International Ltd. announced several changes to its senior management personnel on March 30, 2026. The Board of Directors, at a meeting held that day, approved the redesignation of Mr. Narayanan Vellayan as Executive Director – Nutrient Business, effective April 20, 2026.Additionally, the company noted the changes in senior management, also effective April 20, 2026. These include the designation of Mr. Madhab Adhikari, Executive Vice President & Business Head - Fertilisers, SSP& Nano; Mr. Avinash Thakur, Vice President & Business Head (SND & Org); Mr. Babu G, Senior Vice President & Head - Retail Business; Mr. Saurabh Kumar Jain, Senior Associate Vice President &...

Ashoka Buildcon Ltd. Redeems Commercial Paper with Rs. 50 Crore Payment Ashoka Buildcon Ltd. has redeemed commercial paper totaling Rs. 50 Crore on March 30, 2026, fulfilling all obligations including interest payments. The redemption marks the maturity date for the outstanding commercial paper.Interest amounting to Rs. 49.11 Lakh was paid alongside the principal. The commercial paper, identified by ISIN INE442H14519, was issued with an initial size of Rs. 50 Crore.Details of Redemption PaymentParticularsDetailsISININE442H14519Type of RedemptionFullReason for RedemptionMaturityQuantity Redeemed (no. of CPs)1,000Redemption Date Due30/03/2026Actual Redemption Date30/03/2026Amount RedeemedRs. 50 Crore...

NBCC (India) Ltd. Appointed Project Management Consultant for Seychelles Housing Project NBCC (India) Limited has been engaged as the Project Management Consultant by the Government of the Republic of Seychelles for a housing and infrastructure project. The engagement follows the issuance of a Letter of Intent and in-principle agreement.The project involves planning, design, and procurement of 1008 affordable housing units, alongside associated infrastructure including a sewage treatment plant (STP). The total project value is valued at USD 75 million and will be funded through a Line of Credit (LoC) scheme by the EXIM bank.Source:

Sensex Crash on March 30, 2026: Investors Lose ₹5 Lakh Crore as Sensex Tanks 1,256 Points; Nifty 50 Down 1.6% Indian stock markets plunged sharply on Monday, March 30, as escalating geopolitical tensions in West Asia weighed heavily on investor sentiment. The Sensex fell 1,256 points, or 1.7%, to an intraday low of 72,326.54, while the Nifty 50 dropped 366 points, or 1.6%, to 22,453. Midcap and smallcap indices also recorded declines exceeding 1%.The sell-off was led by banking and financial stocks, while the Nifty Metal index managed to remain in the green. Market capitalization of BSE-listed firms fell to ₹417 lakh crore, down from ₹422 lakh crore in the previous session, reflecting investor losses of about ₹5 lakh crore.Global...

Sayaji Hotels Announces Promoter Share Sale to Meet Public Shareholding Requirements Sayaji Hotels (Indore) Limited announced on March 27, 2026, that Mrs. Anisha Raoof Dhanani, a promoter of the company, intends to sell equity shares to comply with Minimum Public Shareholding (MPS) requirements. The move follows an open offer by Century 21 Officespace Private Limited and its Persons Acting in Concert, which resulted in the promoter group’s shareholding exceeding permissible limits and a subsequent decrease in public shareholding.According to a filing, Mrs. Dhanani intends to sell 5,000 equity shares, representing 0.16% of the company’s total paid-up share capital. The sale is expected to be completed by March 30, 2026.The company...

Biocon Ltd. Announces Name Change for Step-Down Subsidiary Biocon Ltd. reported on March 30, 2026, a change in the name of a step-down subsidiary, Biosimilar Collaborations Ireland Limited, to Biocon Biologics Ireland Limited. The name change became effective on March 27, 2026.The change was communicated by Biocon Biologics Limited, a material subsidiary of Biocon Ltd.Further information is available on the company website at www.biocon.com.Source:

Maa Jagdambe Tradelinks Limited Appoints Company Secretary Maa Jagdambe Tradelinks Limited announced the appointment of Ms. Manisha Agrawal as Company Secretary cum Compliance Officer, effective March 30, 2026. Ms. Agrawal holds Membership No. ACS 32460.The decision was made at a Board of Directors meeting held on Monday, March 30, 2026, at 12:30 p.m. The meeting concluded at 12:45 p.m. at the company's registered office in Thane.Harish Kanta Srivastava, Managing Director, confirmed the appointment.Source:

Aqylon Nexus Limited Enters into MoU with AITMC Ventures Private Limited to Expand AI Training Initiatives Aqylon Nexus Limited, formerly known as Sri Adhikari Brothers Television Network Limited, announced a Memorandum of Understanding (MoU) with AITMC Ventures Private Limited on March 30, 2026. The collaboration aims to expand AI skills training for youth across India, with a focus on non-metropolitan cities, towns, and rural areas.The MoU outlines a framework for a joint AI skilling program, with AITMC Ventures Private Limited deploying training through its 70 training centers across 16 Indian states. Aqylon Nexus Limited will contribute its AI Code Platform and trained faculty to deliver a structured three-month course focused on...

Diamond Power Infrastructure Limited Receives Letter of Intent for Cable Supply Order Diamond Power Infrastructure Limited announced it has received a letter of intent from Uttar Gujarat Vij Company Limited for the supply of cables. The order is valued at Rs. 43,93,97,438 (Rupees Forty Three Cores Ninety Three Lakhs Ninety Seven Thousand Four Hundred Thirty-Eight only), inclusive of GST.The order involves the supply of 453 km of cables. The execution period is within 7 months, following a 45-day commencement period, with deliveries to be made in equal monthly lots as determined by DISCOMS.According to company disclosures, neither the promoter group nor group companies have any interest in Uttar Gujarat Vij Company Limited. The order...

PNB Housing Finance Allots ₹300 Crore in Non-Convertible Debentures PNB Housing Finance Ltd. announced the allotment of ₹300 crore in Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) on March 30, 2026. The allotment was approved by the company’s Management Committee and executed through a private placement via the Electronic Book Provider (EBP) platform of the National Stock Exchange of India Ltd.The offering consists of 30,000 NCDs with a face value of ₹100,000 each. The NCDs will be listed on the Wholesale Debt Market (WDM) segment of the NSE. The instruments have a tenure of 3 years, maturing on March 30, 2029.The initial coupon rate is set at 7.10%, with subsequent rates linked to a floating rate...