Markets

Interise Trust Certifies Commercial Paper Proceeds Usage and Compliance Interise Trust confirmed that proceeds from its commercial paper issuance were utilized for the stated purposes and that the trust adhered to listing conditions, according to a certificate issued by Interise Investment Managers Private Limited, acting as the Investment Manager to Interise Trust. The certificate was provided on March 27, 2026.Details of the commercial paper are as follows:IssuerInterise TrustSecurity DescriptionUnsecured, listed, rated commercial papers on a private placement basisDate of Allotment of CPFebruary 17, 2026ISININE790Z14042Face value of CPRs. 5,00,000Issue Price per CPRs. 4,95,961Discount Rate / yield /...

AYM Syntex Ltd. Allots 33,000 Equity Shares Under Employee Stock Option Scheme AYM Syntex Ltd. announced today, March 27, 2026, that its Finance Committee has approved the allotment of 33,000 fully paid up equity shares to eligible employees under the AYM Employee Stock Option Scheme 2021. The shares, with a face value of Rs. 10 per share, rank pari-passu with existing equity shares.The allotment increases the company’s paid-up share capital from Rs. 58,58,10,910 (5,85,81,091 equity shares) to Rs. 58,61,40,910 (5,86,14,091 equity shares).Source:

Sundaram Finance Appoints V. Muralidharan as Senior General Manager Sundaram Finance Limited announced the appointment of V. Muralidharan as Senior General Manager & Head - Strategy & Planning, effective March 5, 2026. The appointment was approved by the Board of Directors following a recommendation from the Nomination, Compensation and Remuneration Committee.The Board meeting took place on March 27, 2026, commencing at 10:00 A.M. and concluding at 11:50 A.M.Mr. Muralidharan brings to Sundaram Finance nearly 22 years of experience, including 18 years in business consulting with KPMG, most recently serving as a Partner. He holds a B. Tech from the National Institute of Technology, Calicut, and a PGDM from the Indian Institute of...

JSW Steel Schedules Board Meeting, Trading Window Closure JSW Steel Ltd., a part of the O. P. Jindal Group, announced a board meeting scheduled for Thursday, May 14, 2026. The meeting will focus on reviewing the audited financial results for the quarter and year ended March 31, 2026.In accordance with the company's insider trading regulations, the trading window for designated individuals and their immediate relatives will be closed from April 1, 2026, to May 16, 2026, inclusive. This closure aligns with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.Manoj Prasad Singh, Company Secretary (in the interim capacity), made the announcement on behalf of JSW Steel Limited. The company is...

Shreehas Tambe Appointed CEO & Managing Director of Biocon Limited, Effective April 1, 2026 Bengaluru, Karnataka, India: March 27, 2026: Biocon Limited (BSE: 532523; NSE: BIOCON) announced the appointment of Shreehas Tambe as its Chief Executive Officer & Managing Director, effective April 1, 2026. The appointment follows approvals from the Nomination & Remuneration Committee and the Board of Directors. Kedar Upadhye has also been appointed as Chief Financial Officer of Biocon Limited.This leadership transition is part of the full integration of Biocon Biologics Limited as a wholly owned subsidiary of Biocon Limited, creating a simplified and unified corporate structure. The combined enterprise is positioned to lead in diabetes...

Sundaram Finance Board Approves ₹17,000 Crore Fundraise Through Non-Convertible Debentures Sundaram Finance Limited announced on March 27, 2026, that its Board of Directors has approved a plan to raise up to ₹17,000 crore during the financial year 2026-27. The fundraise will be achieved through the issuance of Non-Convertible Debentures on a private placement basis, potentially in multiple tranches.The Board meeting, which took place from 10:00 A.M. to 11:50 A.M., authorized the fund raising initiative. P.N. Srikant, CCO & Company Secretary, provided the update.Source:

Davin Sons Retail Ltd. Enters into Memorandum of Understanding for Retail Premises Davin Sons Retail Limited announced on March 27, 2026, that it has entered into a Memorandum of Understanding (MOU) with Jalandhar Leather (India) Limited.The MOU concerns a commercial rent arrangement for retail premises located at Shop No. 194 L, Model Town, Jalandhar - 144003. The agreement outlines broad terms and conditions and is contingent on the execution of a detailed definitive agreement.According to the company, the arrangement is consistent with its ordinary course of business and is intended to support operational requirements. Mohit Arora, Managing Director, confirmed the agreement.Source:

PCBL Chemical Ltd. Commissions Additional Carbon Black Capacity PCBL Chemical Limited announced the successful commissioning of a new brownfield capacity for carbon black production. The wholly-owned subsidiary, PCBL (TN) Limited, has added 30,000 metric tons of capacity at its plant in Tamil Nadu.Commercial production from the expanded facility commenced on March 27, 2026. The increased capacity is intended to meet market requirements and support the company’s long-term growth plans.PCBL Chemical Limited’s existing carbon black production capacity is 207,000 MTPA, with a current utilization rate of 88%.ParticularsDetailsExisting capacity207,000 MTPAExisting capacity utilization88%Proposed Capacity addition30,000 MTPA...

State Trading Corporation of India Responds to Trading Volume Increase The State Trading Corporation of India Limited (STC) addressed a recent increase in trading volume of its securities. The response follows an email received from the BSE Limited on March 19, 2026.STC, a listed Central Public Sector Enterprise under the administrative control of the Ministry of Commerce & Industry, stated it does not possess information regarding the significant increase in the volume of its securities.The company affirmed it has made disclosures in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as required.Source:

Valplast Technologies Appoints Raghuveer Prasad as Chief Financial Officer Valplast Technologies Limited announced the appointment of Mr. Raghuveer Prasad as Chief Financial Officer and Key Managerial Personnel, effective March 27, 2026. The decision was made by the company's Board of Directors at a meeting held on Friday, March 27, 2026.Mr. Prasad holds an MBA in Finance and a Bachelor of Commerce (Hons.) Degree. He brings over 18 years of experience in finance and accounting, with expertise in financial analysis, account finalization, taxation, and financial management.The Board meeting commenced at 11:00 A.M. and concluded at 11:45 A.M.Details of the Appointment:Sr. No.ParticularsDetails1Name of the CompanyValplast...

Biocon Limited Announces Leadership Changes Biocon Limited announced several leadership changes following a board meeting held on March 27, 2026. The changes include resignations and appointments impacting key executive positions within the company.Mr. Siddharth Mittal resigned from his position as Chief Executive Officer and Managing Director, effective March 31, 2026, to transition to another leadership role within the Biocon Group. Mr. Mukesh Kamath also resigned as Interim Chief Financial Officer, also effective March 31, 2026, to take up another role within the Biocon Group.Mr. Shreehas Pradeep Tambe, currently Chief Executive Officer and Managing Director of Biocon Biologics Limited (BBL), has been appointed as the Additional...

Indian Railway Catering and Tourism Corporation Ltd. Receives ESG Rating of 52 Indian Railway Catering and Tourism Corporation Limited has been assigned an Environmental, Social, and Governance (ESG) rating of 52, categorized as “Adequate,” according to ESG Risk Assessments & Insights Limited. The rating was communicated to the company via email on March 26, 2026.ESG Risk Assessments & Insights Limited is a Securities and Exchange Board of India (SEBI)-registered Environmental, Social and Governance (ESG) Rating Provider (ERP) under Category I. The rating was independently determined based on publicly available information and without direct consultation with or input from the company.Indian Railway Catering and Tourism...

Novartis India Appoints Additional Director, Acknowledges Departing Board Member Novartis India Ltd. announced several board updates following a meeting held on March 27, 2026. The company appointed Ms. Gowree Gokhale as an Additional Director, designated as a Non-Executive and Independent Director, effective April 1, 2026. Her appointment, recommended by the Nomination and Remuneration Committee, is for a five-year term, extending to March 31, 2031, pending member approval.Ms. Gokhale is a Solicitor with over 30 years of diverse legal experience, specializing in intellectual property, data protection, and consumer protection. She previously co-led the Pharma and Medical Devices practice areas at Nishith Desai Associates and currently...

Sattrix Information Security Ltd. Secures Order from Global Telecommunication Company Sattrix Information Security Ltd. announced on March 27, 2026, that it has received an order for the supply of Product License Services from a leading Global Telecommunication Company in India.The contract, valued at Rs. 13,42,00,000 (Thirteen Crore Forty-Two Lakh), exclusive of applicable taxes, spans a period of one year. The order involves the supply of Product License Services.According to the company, neither the promoter group nor any group companies have any interest in the entity awarding the order. The order does not constitute a related-party transaction.SR. No.ParticularsDetails1Name of the entity awarding the...

SBICAP Trustee Company Limited Releases Pledge on Indian Hume Pipe Company Shares SBICAP Trustee Company Limited (STCL) announced the release of a pledge on 1,16,94,995 shares of The Indian Hume Pipe Company Limited on March 24, 2026. The release was made in its capacity as Security Trustee.Prior to the release, STCL held 1,16,94,995 shares in the nature of encumbrance, representing 22.20% of the total share/voting capital and 22.20% of the diluted share/voting capital of The Indian Hume Pipe Company Limited. Following the release, STCL’s holding of encumbered shares is now nil.The Indian Hume Pipe Company Limited's equity share capital stands at 5,26,81,770 shares of Rs. 2/- each, aggregating to Rs. 10,53,63,540. The figures are...

Gujarat Inject Kerala Limited Receives Purchase Order Valued at 3.11 Crores Gujarat Inject Kerala Limited announced that it has received a purchase order from Earthwave Technology Private Limited. The order encompasses 3,645 units of Solar PV Module GS12R-T132-GF-620WP, with a total value of approximately 3.11 Crores (exclusive of GST).The company is expected to fulfill the order, which involves arranging modules at required sites, by March 2026.ParticularsDetailsEntity Awarding ContractEARTHWAVE TECHNOLOGY PRIVATE LIMITEDOrder Execution TimeMarch 2026Order ValueApproximately 3.11 Crores (exclusive of GST)According to the company, neither the order nor the contract falls within related party transactions, and no...

Gujarat Inject Kerala Limited Receives Purchase Order Worth 1.21 Crores Gujarat Inject Kerala Limited announced it has received a purchase order from Perfect Renewtech Private Limited. The order is for 1355 units of Solar PV Module GS12R-T132-GF-620WP, with a total value of approximately 1.21 Crores, exclusive of Goods and Services Tax (GST).The order, placed by a domestic entity, is expected to be executed in March 2026. According to the terms of the order, modules will be arranged at required sites.ParticularsDetailsEntity Awarding ContractPERFECT RENEWTECH PRIVATE LIMITEDOrder Execution TimeframeMarch 2026Order ValueApproximately 1.21 Crores (exclusive of GST)Promoter/Group Company InterestNoneRelated Party...

Manappuram Finance Ltd. Approves Preferential Issue of Shares and Warrants Manappuram Finance Limited announced that its Committee of Directors - Preferential Issue has approved the allotment of securities to investors via a preferential issue on a private placement basis. The approval followed receipt of approvals from the Reserve Bank of India (RBI), dated February 13, 2026, and letters dated March 18, 2026, to Asirvad Micro Finance Limited and Manappuram Home Finance Limited, subsidiaries of the Company.The company will issue 9,29,01,373 fully paid up equity shares to BC Asia Investments XXV Limited at a price of INR 236 per share, for a total consideration of INR 2192,47,24,028. Simultaneously, 9,29,01,373 warrants, each carrying...

Indus Infra Trust Announces Trading Window Closure Gurugram – March 27, 2026 – Indus Infra Trust announced today that the trading window for dealing in the Trust’s Units will be closed from April 1, 2026, until 48 hours after the declaration and announcement of the Trust’s financial results for the quarter ending March 31, 2026.The date for the meeting of the Board of Directors of GR Highways Investment Manager Private Limited, the Trust’s Investment Manager, to declare the financial results will be announced subsequently.Source:

Gujarat Inject Kerala Limited Receives Purchase Order Valued at 3.49 Crores Gujarat Inject Kerala Limited announced it has received a purchase order from Earthwave Technology Private Limited. The order is for 4,056 units of Solar PV Module GS12R-T132-GF-620WP, with a total value of approximately 3.49 Crores, excluding GST.According to the terms of the order, the modules are to be arranged at sites as required. The order from the domestic entity is expected to be executed in March 2026.S.N.ParticularsDetails1Name of the entity awarding the contractEARTHWAVE TECHNOLOGY PRIVATE LIMITED3Whether Contract(s)/Order(s) have been awarded by Domestic/International EntityDomestic Entity4Time period by which the Order(s)/Contract(s)...