Markets

Titagarh Rail Systems Receives Letter of Intent for Wagon Leasing Contract Titagarh Rail Systems Ltd. announced it has received a Letter of Intent (LOI) from Balmer Lawrie & Co. Ltd. for a wagon leasing contract, marking the company's first successful venture in the wagon leasing business. The LOI, dated March 24, 2026, follows a wagon leasing license agreement signed with Indian Railways on February 9, 2026.Under the terms of the contract, Titagarh Rail Systems will serve as the Lessor, providing 2 BFNS 22.9T rakes – a total of 43 wagons with a 4% spare capacity (2 wagons) – for a period of 10 years. These rakes will transport HR Coils, Sheets & Plates, adhering to the latest approved drawings from RDSO. The contract's effective date...

Hilton Metal Forging Limited Secures Contract to Supply Artillery Shells Hilton Metal Forging Limited announced on March 26, 2026, that it has secured a contract to supply 3,60,000 Standard 155mm M107 empty bomb artillery shells. The contract is with a domestic entity, the name of which has not been disclosed due to confidentiality.Under the terms of the agreement, Hilton Metal Forging Limited will supply the shells at a rate of 15,000 units per month over a 24-month period. The total consideration for the contract is approximately Rs. 720.00 Crores, contingent upon the approval of a sample batch of 10 pieces and the receipt of an advance payment following prototype approval.Yuvraj Malhotra, Chairman & Managing Director of Hilton...

Vels Film International Limited Approves Corporate Guarantee for Subsidiary Vels Film International Limited announced that its Board of Directors approved a corporate guarantee for M/s. Vels D Studio LLP during a meeting held on March 26, 2026. The guarantee is in favor of Bank of Baroda, R.K. Nagar Branch, Chennai, to secure credit facilities amounting to Rs. 3,44,85,000.The credit facilities consist of a Cash Credit Facility of Rs. 2,00,00,000 and a Term Loan Facility of Rs. 1,44,85,000. M/s. Vels DStudio LLP is a group entity of Vels Film International Limited, and the transaction was undertaken on an arm's length basis. The guarantee covers all amounts due and payable by the borrower under the sanction terms and loan documents...

Bondada Engineering Ltd. Incorporates Subsidiary for Power Project Bondada Engineering Limited announced the incorporation of a subsidiary company, BONDADA DINESH SPV PRIVATE LIMITED, on March 26, 2026. The new subsidiary has been established as a Special Purpose Vehicle (SPV) to execute and implement a project awarded by Maharashtra State Power Generation Company Limited (MAHAGENCO) to a consortium comprising Bondada Engineering Limited and Dinesh Engineers Limited.The formation of the SPV aligns with the terms and conditions of the Request for Proposal (RFP) and the Letter of Award (LOA) for the project, which mandate a project-specific entity to fulfill contractual obligations including execution, financing, and operation.Details...

MIRC Electronics Ltd. Schedules Board Meeting to Consider Stock Options and Name Change MIRC Electronics Ltd. announced that a Board of Directors meeting is scheduled for Tuesday, March 31, 2026, in Mumbai. The meeting agenda includes several key decisions.The Board will consider and approve the grant of stock options exceeding 1% of the issued capital, excluding outstanding warrants and conversions, to one employee under the 'MIRC Electronics Employee Stock Option Plan 2023'.Additionally, the Board will address a proposal to change the company name.Finally, the meeting will involve approval of the notice for an Extraordinary General Meeting.Vijay Mansukhani, Chairman and Managing Director, confirmed the details.Source:

Methodhub Software Ltd. to Acquire U.S. Company, Establishing Wholly Owned Subsidiary Methodhub Software Ltd. announced plans to acquire a 100% shareholding in a U.S.-based company. The acquisition will establish a wholly owned subsidiary of Methodhub Software Ltd.The company intends to seek approval for the acquisition at a board meeting scheduled for Monday, March 30, 2026. Further details regarding the acquisition will be provided at a later date. The Scrip Code of Methodhub Software Ltd. is 544637 on the BSE Limited.Source:

Balrampur Chini Mills to Engage with Kotak Securities Analysts and Investors Balrampur Chini Mills Limited announced it will participate in a group meeting hosted by Kotak Securities on April 2, 2026. The meeting will be held virtually.An investor presentation related to the meeting has been uploaded to the company’s website at www.chini.com. Discussions during the interaction will be based on publicly available information, and no unpublished price sensitive information will be disclosed.The company noted that the meeting schedule is subject to change due to unforeseen circumstances. Additional follow-up interactions with analysts and officials may occur at a later date.Balrampur Chini Mills Limited operates factories in...

ICICI Prudential Asset Management Company Ltd. Schedules Board Meeting to Review Financial Results ICICI Prudential Asset Management Company Ltd. announced a board meeting scheduled for Monday, April 13, 2026, to consider and approve the audited financial results for the quarter and year ending March 31, 2026.In compliance with regulatory guidelines, the trading window for securities of the company will be closed for designated individuals and their immediate relatives from Wednesday, April 1, 2026, to Wednesday, April 15, 2026, inclusive. The company's stock trades under Scrip code: 544658 on the BSE Limited and NSE Symbol: ICICIAMC.Source:

Digjam Ltd. Reports Approval of Resolutions via Postal Ballot Digjam Ltd. announced that resolutions were approved by its members through remote e-voting in a Postal Ballot, concluding on March 26, 2026. The company, a FINQUEST Group Company, reported that all resolutions detailed in the Postal Ballot Notice dated February 24, 2026, were duly approved in accordance with the Companies Act, 2013.Key Resolutions Approved The approved resolutions include approvals for material related-party transactions with M/S Reid & Taylor International Private Limited (formerly known as Krihaan Texchem Private Limited) for the financial year 2026-27 and approvals related to borrowing limits and the creation of charges/mortgages for borrowings.Voting...

Zee Entertainment Enterprises Limited Approves FCCB Redemption, Subsidiary Transfers, and Investments Zee Entertainment Enterprises Limited announced several key decisions made by its Board of Directors on March 26, 2026. The board approved the redemption of outstanding Foreign Currency Convertible Bonds (FCCBs) amounting to USD 23.90 million, alongside the cancellation of an unutilized commitment of USD 215.1 million. This action follows requests from bondholders citing current geopolitical conditions and capital allocation strategies.Additionally, the company approved the sale and transfer of its content syndication and licensing business, along with associated assets and liabilities, to its wholly-owned subsidiary, ZI-IPR...

Hilton Metal Forging Limited Enters into Interim Sales Agreement for Supply of Artillery Shells Mumbai, March 26, 2026 – Hilton Metal Forging Limited announced that it has entered into an Interim Sales Agreement for the supply of 360,000 standard 155mm M107 empty bomb artillery shells.The agreement, with a structured delivery schedule of 15,000 units per month, will be executed over a 24-month period. The total value of the order is approximately Rs. 720.00 crore.Key Terms of the AgreementOrder Size: 360,000 empty artillery shells (approximately Rs. 720.00 crore) Execution Timeline: 24 months, with a mutually agreed grace period. Payment Terms: Rolling advance equivalent to 50% of three months' supply, with monthly invoicing...

ICICI Lombard General Insurance Company Ltd. Allots Equity Shares ICICI Lombard General Insurance Company Ltd. announced the allotment of 132,558 equity shares on March 26, 2026. The allotment occurred under two employee benefit schemes.A total of 131,958 equity shares were allocated under the ICICI Lombard Employees Stock Option Scheme-2005, while 600 equity shares were allocated under the ICICI Lombard - Employees Stock Unit Scheme-2023.The Stakeholders Relationship Committee approved the allocation of 12,590 equity shares to a Whole-time Director. An additional 119,968 equity shares were allocated to other eligible option/unit holders, with approval delegated by the Board of Directors to the Whole-time Director.The allotment of...

Aptus Pharma Limited Seeks Shareholder Approval for Capital Increase and Bonus Shares Aptus Pharma Limited has initiated a postal ballot to seek shareholder approval for increasing the company’s authorized share capital and issuing bonus shares. The move, announced on March 26, 2026, follows a board meeting on March 24, 2026.The company proposes to increase the authorized share capital from INR 71,50,00,000, comprising 71,50,000 equity shares of INR 10 each, to INR 25,00,00,000, divided into 2,50,00,000 equity shares of INR 10 each. Simultaneously, the company plans to issue bonus shares in a ratio of 3:2, equivalent to 3 bonus equity shares for every 2 existing shares held.The voting period for the postal ballot will be as follows...

Odigma Consultancy Solutions Ltd. Shareholders Approve Key Resolutions Odigma Consultancy Solutions Limited announced today, March 26, 2026, that shareholders have approved the re-appointment of Mathew Jose as Managing Director and the approval of Material Related Party Transactions with AvenuesAI Limited.The resolutions were passed through a Postal Ballot conducted on March 26, 2026, following a notice dated February 20, 2026.As of the record date of February 20, 2026, the company had 3,03,098 shareholders. The voting results, as reported by Scrutinizer Ashish Doshi of SPANJ & ASSOCIATES Company Secretaries, are detailed below:Resolution 1: Re-appointment of Mathew Jose as Managing DirectorParticularsDetailsTotal No. of...

Satani Bearings Ltd. Announces Board Meeting and Key Business Proposals Satani Bearings Ltd. announced that a meeting of its Board of Directors is scheduled for Tuesday, March 31, 2026, at the company’s registered office. The meeting will address several key business matters.Key Proposals on the Agenda: The Board will consider a proposal to increase the company’s authorized share capital.Furthermore, the board intends to discuss raising funds through the issuance of equity shares, convertible bonds, debentures, convertible warrants, preference shares, or other equity-linked securities. Potential methods include a rights issue, private placement, preferential issue, or placement to qualified institutions.The Board will also...

Jupiter Infomedia Announces Leadership Changes at Netlink Solutions Following Open Offer Mumbai – March 26, 2026 – Jupiter Infomedia Ltd. today announced changes in leadership at its material subsidiary, Netlink Solutions (India) Limited, following the completion of an open offer. The open offer was made by M/s Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhai Bavanjibhai Lakkad, collectively referred to as the Acquirers, under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This action stems from the Acquirers’ acquisition of 51.00% of the paid-up equity share capital of Jupiter Infomedia Limited, the holding company of Netlink Solutions (India) Limited.As a result of the change in...

Epuja Spiritech Limited to Seek Shareholder Approval for Reclassification and Stock Options Epuja Spiritech Limited announced on March 26, 2026, that it will seek approval from its shareholders via postal ballot through electronic voting for two special business matters. The company is requesting reclassification for Winfotel Infomedia Technologies Pvt Ltd and Divit India Services Pvt Ltd from a "Promoter" category to a "Public" category shareholder. Additionally, the company aims to add 30,00,000 stock options under the 'EPUJA SPIRITECH EMPLOYEE STOCK OPTION SCHEME 2026.The reclassification request was submitted by Winfotel Infomedia Technologies Pvt Ltd and Divit India Services Pvt Ltd. Upon approval, Winfotel Infomedia Technologies...

Zelio E-Mobility Limited Enters into Sponsorship Agreement for Indian Premier League Zelio E-Mobility Limited announced on March 26, 2026, that it has entered into a Memorandum of Understanding (MoU) with K.P.H. Dream Cricket Private Limited and ITW Catalyst Private Limited. The agreement details sponsorship and association rights related to the 2026 season of the Indian Premier League.The MoU aims to promote and market Zelio E-Mobility’s brand “Zelio” through its association with the Punjab Kings team. The value of the agreement is INR 1,50,00,000 exclusive of applicable taxes.According to the agreement, Zelio E-Mobility will receive branding, digital rights, in-stadia activation, and promotional rights from K.P.H. Dream Cricket...

Aptus Pharma Ltd. Announces Increase in Authorized Share Capital and Bonus Equity Share Issue Aptus Pharma Ltd. announced on March 26, 2026, that its Board of Directors approved an increase in the company’s Authorized Share Capital and a bonus equity share issue in a ratio of 3:2.The bonus equity share issue will involve the capitalization of ₹10,29,00,000 from the company's Securities Premium Account, resulting in the issuance of 1,02,90,000 equity shares with a face value of ₹10 each. This translates to a total issuance value of ₹10,29,00,000.Share Capital details are presented in the table below:ParticularsPre Bonus IssuePost Bonus IssueShare CapitalNo. of Shares68,60,0001,02,90,000Face Value (in Rs.)1010...

Ishaan Infrastructures and Shelters Limited Appoints New Director, Announces Resignation Ishaan Infrastructures and Shelters Limited announced on March 26, 2026, that its Board of Directors approved the appointment of Ms. Megha Sharan as a Non-Executive Independent Director (Additional Director), effective March 26, 2026. Simultaneously, the Board accepted the resignation of Mr. Arvind Kumar Bhandari from the same position, also effective March 26, 2026, due to pre-occupation and personal reasons.Ms. Sharan brings experience across corporate and social sector roles, with expertise in governance, compliance, and organizational management. She maintains a strong regulatory track record with no disqualification under Section 164(2) of...