Markets

Highway Infrastructure Ltd. Receives Letter of Acceptance for Venkatapalem Fee Plaza Operations Highway Infrastructure Limited announced it has received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for operations at the Venkatapalem Fee Plaza in Andhra Pradesh. The value of the contract is Rs. 35,43,99,930.The contract involves operating the user fee plaza at km.35+400 for the 6-laning of Vijayawada Bypass, encompassing a section from Gollapudi to Chinnakakani. The agreement also includes upkeep and maintenance of adjacent toilet blocks, recouping consumable items. The contract is for a period of 90 days.According to the terms of the agreement, Highway Infrastructure Limited will act as the user...

Coforge Ltd. Allots 10,720 Shares Under ESOP Scheme Coforge Ltd. announced the allotment of 10,720 equity shares on March 25, 2026, under the Employee Stock Option Plan (ESOP) of the company.The allotment was approved by the ESOP Allotment Committee. As a result of this allotment, the paid-up share capital of Coforge Ltd. has increased to 33,58,10,937 equity shares, with a face value of Rs. 2 per share, totaling Rs. 67,16,21,874.The company is completing the necessary formalities for the listing and trading approvals of the newly issued shares and will shortly file the required documents with the exchanges.Source:

Devyani International Receives Demand Order from Income Tax Department Devyani International Limited announced today, March 26, 2026, that its wholly-owned subsidiary, Sky Gate Hospitality Private Limited, has received a Demand Order from the Income Tax Department. The order, received March 25, 2026, pertains to the Assessment Year 2024-25 and relates to an alleged excess premium on the issuance of shares by Sky Gate during the financial year 2023-24.The total demand outlined in the order is INR 59.52 million.According to Devyani International, the Demand Order is not expected to have a material impact on the company's financial, operational, or other activities. Sky Gate is currently evaluating the order and intends to take...

Sancode Technologies Acquires Remaining Stake in Sancode Semi Private Limited Sancode Technologies Ltd. announced on March 25, 2026, that it has acquired the remaining 1 Equity Share, representing 0.01% stake, in Sancode Semi Private Limited. This acquisition makes Sancode Semi Private Limited a wholly owned subsidiary of Sancode Technologies Limited, effective March 25, 2026.The Board of Directors approved the acquisition during a meeting held on March 25, 2026, which commenced at 4:30 PM and concluded at 5:00 PM.Sancode Semi Private Limited's authorized capital is Rs. 10,00,000, divided into 1,00,000 Equity Shares of a face value of Rs. 10 each. The company is involved in the manufacturing, designing, developing, assembling...

L&T Technology Services Divests Smart World and Communication Business Mumbai, March 25, 2026: L&T Technology Services Limited (BSE: 540115, NSE: LTTS) announced today it is divesting its Smart World and Communication (SWC) business unit to AMI Paradigm Solutions Private Limited. The move is part of a portfolio rebalancing strategy focused on accelerating investment in digital engineering and core artificial intelligence (AI) capabilities.AMI Paradigm, a joint venture between ParadigmIT Technology Services Private Limited and AM Intelligence Labs Private Limited, will acquire the SWC businesses. AMI Paradigm focuses on advancing AI for public systems and critical infrastructure services. The acquisition is expected to complement AMI...

Narayana Hrudayalaya Schedules Investor Meetings Narayana Hrudayalaya Limited announced it will meet with investors on Friday, March 27, 2026, at 10:30 A.M. IST. The meeting, arranged by ICICI Securities, will be a group meeting with Premji, Magma & Arohi and will be held in person. The company noted that the schedule is tentative and subject to change.Source:

Lemon Tree Hotels Launches 11th Property in Gujarat with Keys Select by Lemon Tree Hotels, Vadodara Lemon Tree Hotels Limited, a midscale and premium hotel chain in India, announced the opening of Keys Select by Lemon Tree Hotels in Vadodara, Gujarat. This marks the company's 11th property in the state and expands its presence in a key business and cultural hub.The hotel, located on Atladra Padra Main Road, offers convenient access to local attractions including Laxmi Vilas Palace, Sayaji Gardens, and the Baroda Museum & Picture Gallery. It is 12 km from Vadodara Domestic Airport and 7 km from Vadodara Junction Railway Station.Keys Select by Lemon Tree Hotels, Vadodara, features 42 rooms, a restaurant, a banquet hall, a meeting...

Lemon Tree Hotels Receives Notices and Challans from Various Authorities Lemon Tree Hotels Limited announced it and its subsidiaries have received several notices and challans from various authorities. The notifications, dated March 25, 2026, detail actions related to Employee State Insurance, groundwater usage, tax liabilities, and excise violations.Employee State Insurance Corporation NoticeThe company received a notice from the Employee State Insurance Corporation, Okhla, New Delhi, for a payment of Rs. 557 related to a violation of the ESI (General) Regulations, 1950. The notice was received on March 12, 2026. The company stated that the violation pertains to the payment of contributions within the stipulated timeframe.Fleur...

ET Planners Private Limited Dissolved Following NCLT Order Max Healthcare Institute Ltd. announced that ET Planners Private Limited, a step-down wholly-owned subsidiary, has been dissolved, according to an order passed by the National Company Law Tribunal (NCLT) New Delhi Bench on March 25, 2026. The order was received by the company on the same date.The voluntary liquidation of ET Planners was initiated following a board meeting on September 6, 2024, and a special resolution passed by the members on September 11, 2024. The company's authorized share capital was Rs. 1,00,00,000 divided into 10,00,000 equity shares of Rs. 10 each, with a paid-up share capital of Rs. 1,16,620 divided into 11,662 equity shares of Rs 10 each.The...

Media Matrix Worldwide Ltd. Receives Approval to Relocate Registered Office Media Matrix Worldwide Ltd. announced on March 26, 2026, that it has received approval to shift its registered office. The move, previously disclosed on August 13, 2025, and January 23, 2026, will relocate the registered office from Mumbai, Maharashtra, to Gurugram, Haryana.The Regional Director, Western Region, Mumbai, approved the relocation via order number RD/Section13/SRN AC1941938/8180, dated March 24, 2026. The company received a certified copy of the order on March 25, 2026.Media Matrix Worldwide Ltd. is currently finalizing the necessary filings with the Registrar of Companies. Details regarding the effective date of the relocation will be provided...

Vikram Solar Ltd. Announces Resignation of Executive Vice President Vikram Solar Ltd. announced that Anil Bhadauria has resigned from his position as Executive Vice President & Head of Manufacturing Operations, effective May 31, 2026. The resignation was previously announced on March 20, 2026.According to a letter submitted by Bhadauria, his resignation is to pursue other personal priorities and family engagements. He served as Employee No. 4006697.Bhadauria requested to be relieved of his duties by May 31, 2026, and confirmed his commitment to ensuring a seamless transition of responsibilities.Vikram Solar Ltd. is located at 'Yashvishree' Biowonder 1102, 789, Anandapur, Main Road, EM Bypass, East Kolkata Township, Kolkata 700...

L&T Technology Services to Sell Smart World and Communication Business Unit to AMI Paradigm Solutions L&T Technology Services Ltd (LTTS) announced on March 25, 2026, that it has entered into a Business Transfer Agreement (BTA) to sell and transfer its Smart World and Communication Business Unit (SWC Unit) to AMI Paradigm Solutions Private Limited. The transaction will be executed on a slump sale basis.The Buyer, AMI Paradigm Solutions Private Limited, is a special purpose entity established by ParadigmIT Technology Services Private Limited and will become a joint venture between ParadigmIT and AM Intelligence Labs Private Limited, promoted by the founders of the Greenko Group. AM Green B.V., an entity with common ultimate beneficiary...

Vedant Fashions Ltd. Resolves Legal Metrology Issue with ₹50,000 Payment Vedant Fashions Limited announced that it has resolved a matter concerning a violation of the Legal Metrology Act with the Department of Legal Metrology in Varanasi, Uttar Pradesh. The company received a Seizure Memo in December 2025 citing a potential violation related to the non-disclosure of product size on a label, specifically for a pocket square, as observed during an inspection of a retail outlet.Following the initial memo, Vedant Fashions requested compounding of the offense. The Department of Legal Metrology subsequently directed the company to deposit a compounding fee of ₹50,000. The payment was made on March 24, 2026, and formally communicated to the...

Infosys to Acquire Optimum Achieve Holdings, Inc. and Stratus Global LLC Bengaluru, India – March 25, 2026 – Infosys Limited (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, announced the acquisition of Optimum Achieve Holdings, Inc. and its subsidiaries, including Optimum Healthcare IT, LLC, and Stratus Global LLC (Stratus), USA.The acquisition of Optimum Healthcare IT underscores Infosys' commitment to strengthening its healthcare capabilities, particularly in collaboration with health systems and provider organizations. Optimum Healthcare IT, recognized as a Best in KLAS healthcare digital transformation and consulting firm, brings deep provider-domain expertise.Salil Parekh, Chief...

Davangere Sugar Company Ltd. to Hold Board Meeting, Considers Fundraising Davangere Sugar Company Ltd. announced that a board meeting is scheduled for Monday, March 30, 2026, at the company's registered office in Davangere, Karnataka. The meeting will address, among other matters, the potential raising of funds through the issuance of equity shares or other securities.The company is considering various fundraising methods, including a public issue, rights issue, American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), Foreign Currency Convertible Bonds (FCCBs), debt issue, preferential allotment, Qualified Institutions Placement (QIP), or a combination of these options. The fundraising may occur in one or more tranches...

LIC Housing Finance Secures ₹127,000 Crore Borrowing Budget for FY2026-27 LIC Housing Finance Ltd. announced on March 25, 2026, that its Board of Directors approved a borrowing budget of ₹127,000 Crore for the financial year 2026-2027. The budget, recommended by the Audit Committee, allows for borrowing through various instruments including loans, redeemable non-convertible debentures, zero couponed bonds, subordinate debt, upper tier II bonds, commercial paper, external commercial borrowing, bonds, foreign currency bonds, securitization, and deposits. The approval includes a potential fund raising of up to ₹35,000 Crore through redeemable non-convertible debentures, zero couponed bonds, and Tier II Bonds.Extension of Chief Risk...

NIS Management Subsidiary Awarded Work Order by Mumbai Police NIS Management Ltd. announced on March 25, 2026, that its subsidiary, NIS Facility Management Services Private Limited, has been awarded a work order by the Mumbai Police, Home Department, Government of Maharashtra. The work order involves Project Planning and Management, Network Connectivity, Operation & Maintenance (O&M) and Warranty of CCTV Cameras.The total revenue expected from this work order is INR 2,18,00,000 (Rupees Two Crores Eighteen Lakhs Only), inclusive of all taxes. The service period will commence on April 01, 2026, and conclude on May 03, 2026.The work order was awarded by a domestic entity, and the company confirmed that neither the promoter group nor...

Jana Small Finance Bank Schedules Investor Meet with Spark Capital Jana Small Finance Bank Ltd. announced a virtual investor meet with Spark Capital scheduled for Monday, March 30, 2026, beginning at 4:00 PM. Managing Director & CEO will participate in the meeting.The discussion will be based on the financial results for Q3 of 2025-26 and publicly available information. No Unpublished Price Sensitive Information will be shared during the meeting. The timing of the meeting is subject to change.Investor/ Analyst MeetDay, Date & TimeModeSpark CapitalMonday, 30 th March 2026 from 04:00 PM onwardsVirtualSource:

LIC Housing Finance Limited Announces Changes in Senior Management Personnel LIC Housing Finance Limited announced several changes to its senior management team on March 25, 2026. The changes were made on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors.J. Sangameswar’s tenure as Chief Risk Officer has been extended until April 30, 2028. Jimit Narendra Shah has been appointed as Chief Information Security Officer (CISO), effective April 10, 2026.J. Sangameswar – Chief Risk Officer Mr. Sangameswar brings over three decades of experience in risk management, credit appraisal, and operations within the housing finance sector. He is responsible for overseeing the company's risk...

LIC Housing Finance Limited Announces Borrowing Budget and Key Appointments LIC Housing Finance Limited announced several key decisions following a board meeting held on March 25, 2026. The meeting commenced at 2:30 P.M. and concluded at 7:30 P.M.Borrowing Budget Approved for 2026-27 The Board approved a borrowing budget of Rs. 127000 Crore for the financial year 2026-2027. This budget includes potential fundraising through redeemable Non-Convertible Debentures, Zero Couponed Bonds, Tier II Bonds, and other debt instruments, with a potential issuance of up to Rs. 35000 Crore across various tranches. Borrowing methods may include loans, private placements, public issues, refinancing from the National Housing Bank, public and corporate...