Markets

Orient Electric Appoints Price Waterhouse Chartered Accountants LLP as Statutory Auditors Orient Electric Ltd. announced on March 26, 2026, the appointment of M/s. Price Waterhouse Chartered Accountants LLP as the company’s statutory auditors for a five-year term. The appointment was approved by the Board of Directors at a meeting held on Thursday, March 26, 2026, and is subject to shareholder approval at the company’s 10th Annual General Meeting (AGM) in FY 2026-27. The term will extend until the conclusion of the 15th AGM in FY 2031-32.M/s. S.R. Batliboi & Co. LLP, the current statutory auditors, will complete their term at the conclusion of the 10th AGM.Price Waterhouse Chartered Accountants LLP, with Firm Registration No...

Chennai Petroleum Corporation Limited Declares Interim Dividend Chennai Petroleum Corporation Limited announced on March 26, 2026, that its Board of Directors has declared an interim dividend of Rs. 8 per equity share with a face value of Rs. 10 each for the financial year 2025-26. Eligible shareholders will receive the interim dividend on or before April 25, 2026.The Board of Directors designated April 2, 2026, as the record date to determine shareholder eligibility for the dividend payment. The board meeting took place between 3:00 PM and 4:15 PM.Chennai Petroleum Corporation Limited is a Government of India Enterprise and a Group Company of IOCL.Source:

ICICI Prudential Life Insurance Company Limited Receives Order Regarding Tax Demand ICICI Prudential Life Insurance Company Limited announced it received an order from the Deputy Commissioner of State Tax, Rajasthan, on March 25, 2026, related to FY2020. The order upholds a tax demand related to the reversal of input tax credit under the Goods and Services (GST) Law.The company will appeal the order before the Commissioner (Appeals) within the prescribed timelines.The financial implications associated with the order are detailed below:Particulars DetailsGST ₹ 58,40,562Interest ₹ 66,64,895Penalty ₹ 58,40,562Total ₹ 1,83,46,019The company states that there is currently no expected financial impact. A penalty of ₹...

ICICI Prudential Life Insurance Company Ltd. Schedules Board Meeting, Trading Window Closure ICICI Prudential Life Insurance Company Ltd. announced a board meeting scheduled for Tuesday, April 14, 2026. The meeting will focus on approving the audited standalone and consolidated financial statements and financial results for the quarter and year ending March 31, 2026, as well as considering a dividend recommendation for the financial year concluding March 31, 2026.In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for the company's securities will be closed from April 1, 2026, to April 16, 2026, inclusive, for designated individuals and their immediate relatives.Source:

Current Infraprojects Limited Promoter Acquires Equity Shares Current Infraprojects Limited announced that Managing Director & Promoter Sunil Singh Gangwar acquired 4,800 equity shares, representing 0.0250% of the company's total paid-up capital, from the open market.The acquisitions occurred in three separate transactions:Sr. NoDate of TransactionMode of TransactionNo. of Equity Shares Acquired% of Shareholding116.03.2026Buy16000.0083%220.03.2026Buy16000.0083%324.03.2026Buy16000.0084%TotalTotalTotal48000.0250%Sunil Singh Gangwar, Promoter & Managing Director, submitted the necessary Form C in compliance with SEBI regulations. His shareholding post the acquisitions is 4,810, representing 0.0251%.Source:

LKP Finance Ltd. Board Approves Alteration of Memorandum of Association LKP Finance Ltd. announced on March 26, 2026, that its Board of Directors has approved a proposed alteration to the Main Object Clause of the company’s Memorandum of Association. The change, which requires shareholder approval, involves the deletion of existing Clause III (A) and Clause III (B) related to Non-Banking Financial Company (NBFC) activities. These activities include merchant financing, underwriting, investment in securities, consultancy services, registrar and share transfer activities, and leasing/hire purchase, aligning with a revised business direction for the company.The Board also approved the Notice of Postal Ballot and related matters for items...

Spectrum Talent Management Limited Faces GST Inspection and Search Spectrum Talent Management Limited announced that the Central Goods & Service Tax Department initiated inspection and search proceedings at the company’s corporate office in Noida on March 25, 2026.The company stated that it is cooperating with the officials and providing the necessary information and documents. As of March 26, 2026, the department has not communicated any specific violations or contraventions.Spectrum Talent Management Limited confirmed that the inspection and search are not expected to have any impact on the company’s financials, operations, or other activities.Details of the Inspection and SearchThe details of the inspection are summarized...

Hoac Foods India Limited Appoints Auditors for Fiscal Year 2025-2026 Hoac Foods India Limited announced the appointments of Mr. Shivam Sharma as Internal Auditor and Ms. Divya Rani as Secretarial Auditor, both for the financial year ending March 2026. The decisions were made at a board meeting held on March 26, 2026, commencing at 3:00 p.m. and concluding at 4:00 p.m.Shivam Sharma, holding a B.Com degree from CCS University, Uttar Pradesh, brings over five years of experience in accounting, audit, and financial management. He has experience in areas including import/export accounting, GST compliance, and ERP-based reporting.Ms. Divya Rani, a Practicing Company Secretary (Membership No. A64841; CP No. 26426), has more than five years...

Nucleus Software Exports Limited Extends Sabbatical Leave for Executive Director Nucleus Software Exports Limited announced on March 26, 2026, that its Board of Directors has approved an extension of sabbatical leave for Dr. Ritika Dusad, Executive Director. The extension will last until March 30, 2027, representing a period of up to one year.Dr. Dusad, who has over three years of experience with the company, is currently pursuing management development programs and trainings to enhance her business management skills. During her sabbatical, she will also explore areas of business interest for both herself and the company. Dr. Dusad is expected to resume her responsibilities upon the completion of her sabbatical.Source:

HDFC Bank Re-appoints Dr. Sunita Maheshwari as Independent Director HDFC Bank Limited announced the re-appointment of Dr. (Mrs.) Sunita Maheshwari as an Independent Director, effective March 30, 2026, for a term of three years, extending until March 29, 2029. The decision, based on the recommendation of the Governance, Nomination & Remuneration Committee, was approved by the Board of Directors at a meeting held March 26, 2026. The re-appointment is subject to shareholder approval.Dr. Maheshwari is not related to any other Directors or Key Managerial Personnel of the Bank and is not debarred from holding the office of a Director by any regulatory authority. The re-appointment will be presented to shareholders for their approval...

Bharti Airtel Limited Receives Penalty Notice from Department of Telecommunications Bharti Airtel Limited announced it received a notice from the Department of Telecommunications (DoT) for the Jammu and Kashmir Licensed Service Area (LSA) regarding alleged violations of subscriber verification norms. The notice, received on March 25, 2026, at 1748 Hrs. IST, imposes a penalty of Rs. 1,00,000.According to the DoT, Bharti Airtel Limited is required to adhere to licensing terms and conditions regarding customer verification and compliance with instructions issued by the DoT. A Customer Application Form Audit (CAF Audit) conducted for Quarter 3 of the fiscal year 2025-26 revealed alleged violations.The company estimates the maximum...

Softrak Venture Investment Limited Appoints Additional Independent Director Softrak Venture Investment Limited announced the appointment of Mrs. Manorama Jitendra Shah as an Additional Independent Director, effective March 26, 2026. The decision, recommended by the Nomination and Remuneration Committee, was approved by the Board of Directors at a meeting held on March 26, 2026. The appointment is subject to shareholder approval.Mrs. Shah holds a BA degree and brings over 15 years of experience in business management and administration. She is not related to any existing directors and does not currently hold any shares in the company.The Board affirms that Mrs. Shah is not debarred from holding the office of director by any...

TVS Supply Chain Solutions Ltd. Infuses Funding into U.S. Subsidiary TVS Supply Chain Solutions Limited announced that its wholly-owned subsidiary, TVS Logistics Investments Inc. USA (TVS LI USA), has allotted equity shares to TVS SCS. This follows prior approval from the Board of TVS Supply Chain Solutions Limited in March 2025 for additional funding towards business expansion plans.TVS LI USA, incorporated in the United States of America on December 1, 2010, operates in the business of storage, warehousing, freight transportation, and other land transport services. The company reported a turnover of 10,298.94 million in fiscal year 2025.The additional funding, amounting to INR 213.44 million (USD 165 per share), is intended to...

Euro Ceramics Ltd. to Extinguish Capital and Delist Following Acquisition Euro Ceramics Ltd. is set to extinguish its existing paid-up capital and delist from the BSE, following an acquisition by Jaquar And Company Pvt Ltd. The decision follows an order from the Hon'ble National Company Law Tribunal (NCLT) Mumbai Bench, dated August 13, 2025.Jaquar And Company Pvt Ltd. acquired Euro Ceramics Ltd. as a going concern through an e-auction process concluded May 1, 2025, under the direction of Liquidator Mr. Premraj Ramratan Laddha. The NCLT order, reference IA(I.B.C)/2832( MB)2025 IA(I.B.C)/2848(MB)2025 IN C.P. (IB)/66 (MB)2018, permits the extinguishment of the existing paid-up capital, subject to approvals from the Securities and...

Oracle Financial Services Software Limited Secures Agreement with Global Bank for Software Licensing and Transition Services March 26, 2026 - Oracle Financial Services Software Limited announced an agreement with a global bank headquartered in the USA for a proposed transaction involving software licensing and transition services. Under the agreement, Oracle Financial Services Software will license certain software products in perpetuity to the customer and provide transition services, personnel, and related aspects. The transaction is subject to conditions precedent that must be met by May 29, 2026. Existing software license, professional services, and support agreements with the customer will be superseded by this agreement.The...

Yes Bank Receives GST Penalty Order Yes Bank Limited announced that it received an order from the Goods and Services Tax (GST) department in Maharashtra on March 25, 2026. The order levies a penalty of Rs. 79,38,000 related to a GST matter concerning Input Tax Credit (ITC).The penalty was imposed under Section 122(1)(ii) of the Central Goods and Services Tax Act (CGST) and the Maharashtra Goods and Services Tax Act (MGST).According to the bank, it believes it has adequate grounds to contest the order and plans to pursue legal remedies, including filing an appeal, within the prescribed timelines. Yes Bank does not anticipate a material impact on its financial, operational, or other activities as a result of the order.Here's a...

TTI Enterprise Ltd. Faces Petition Regarding Share Transfer TTI Enterprise Ltd. announced on March 26, 2026, that a petition has been filed before the National Company Law Tribunal, Kolkata Bench, West Bengal, concerning the refusal of a share transfer registration. The petition, filed by M/s. Realearth Ecofarms India Private Limited against Mr. Valath Sreenivasan Ranganathan and TTI Enterprise Limited, relates to the registration of a transfer of 35,00,000 equity shares with a face value of Rs. 10 each.The transfer request arises from a Share Surrender Agreement dated March 20, 2025.According to the company, the petition does not anticipate any impact on its financial operations. TTI Enterprise Ltd. stated that it will take...

Deepak Fertilisers Re-appoints Ernst & Young as Internal Auditor Deepak Fertilisers & Petrochemicals Corporation Ltd. announced the re-appointment of Ernst & Young, LLP as its Internal Auditors for the financial year 2026-27. The decision was approved by the Board of Directors during a meeting held on March 26, 2026, based on the recommendation of the Audit Committee.Ernst & Young LLP is a Limited Liability Partnership and a global leader in assurance, tax, transaction, and advisory services. The re-appointment is effective from March 26, 2026, and covers the financial year 2026-27.The Board meeting commenced at 11:00 a.m. and concluded at 3:55 p.m. Additional details regarding the appointment are available on the company’s website...

MosChip Technologies Receives NCLT Approval for Amalgamation MosChip Technologies Ltd announced that the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench, has approved the Scheme of Amalgamation involving its wholly owned subsidiaries, Softnautics Private Limited and Softnautics Inc, effective from April 4, 2025. The approval was granted on March 25, 2026, and relates to the amalgamation under Sections 230 to 232 and Section 234 of the Companies Act, 2013. A certified true copy of the NCLT order is expected to be received from NCLT Hyderabad and will be disclosed upon receipt. MosChip had previously disclosed information regarding this scheme on April 8, 2025.Source:

Schaeffler India Schedules Investor Meetings Schaeffler India Limited announced plans for upcoming analyst and investor meetings, as detailed on March 26, 2026.The company will engage in a one-on-one meeting with Birla Sunlife Asset Management Company via conference call on March 31, 2026. Discussions will focus on the company’s overall business situation.According to the company, no unpublished price-sensitive information will be shared or discussed during these interactions. The meeting schedule is subject to change due to unforeseen circumstances.DateFund / Institutional InvestorVenueType of Interaction31/03/2026Birla Sunlife Asset Management CompanyConference CallOne-on-One MeetingSource: