Markets

IIFL Capital Services Limited Seeks Member Approval for Borrowing Limits and Asset Encumbrance IIFL Capital Services Limited (Formerly known as IIFL Securities Limited) announced on March 25, 2026, that it is seeking approval from its Members for resolutions concerning borrowing limits and the ability to encumber assets. The resolutions, to be voted on through electronic means, follow a postal ballot notice distributed to members as of March 20, 2026.The company seeks a Special Resolution to increase borrowing limits under Section 180(1)(c) of the Companies Act, 2013, to ₹7,000 Crores. A second Special Resolution requests authorization under Section 180(1)(a) of the Act to enable the encumbrance of assets, also with a limit of ₹7,000...

Rain Industries Limited Receives Disclosure of Share Acquisition by Nivee Holdings Private Limited Rain Industries Limited announced on March 25, 2026, that it received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Nivee Holdings Private Limited (a Promoter) regarding the acquisition of shares on March 24, 2026, from the open market.Nivee Holdings Private Limited acquired 4,00,000 equity shares, representing 0.1189% of the company’s outstanding shares. This acquisition brings Nivee Holdings Private Limited’s total shareholding to 85,43,250 equity shares, which represents 2.54% of the company’s shares.The company's total equity share capital is 33,63,45,679...

RailTel Corporation of India Ltd. Schedules Investor Meetings in Mumbai RailTel Corporation of India Ltd. announced it will hold a Non-Deal Roadshow (NDR) in Mumbai on March 30, 2026. During the roadshow, the company’s management is expected to participate in one-on-one meetings with various investors, facilitated by M/s. P L Capital.The company confirmed that no unpublished price-sensitive information will be shared during these investor meetings. The announcement follows a previous communication dated March 23, 2026.Source:

BEL and RRP Group Sign MoU to Advance Semiconductor, Unmanned Systems, and Electro-Optics Collaboration Bengaluru, March 24, 2026: Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking (PSU), has signed a Memorandum of Understanding (MoU) with RRP Electronics Limited and RRP Defense Limited, both part of the RRP Group, to collaborate on business opportunities in Semiconductors, Electro-Optics, Unmanned Systems, and advanced Defence technologies.The agreement aims to strengthen India's Defence technology landscape and support indigenisation efforts. BEL’s experience in advanced electronics and mission-critical systems will be combined with RRP Electronics Ltd's semiconductor manufacturing expertise and RRP...

Poly Medicure Schedules Investor Meetings Poly Medicure Limited announced it will hold one-on-one meetings with analysts and investors on March 30, 2026. According to a schedule released on March 25, 2026, the meeting with Front Wave Research LLP is scheduled for Monday, March 30, 2026, at 3:30 p.m. via virtual platform.The company noted that the schedule is subject to change. No unpublished price-sensitive information will be shared during these meetings. The schedule confirmation was received on short notice. Details are available on the company’s website at polymedicure.com.Poly Medicure Limited’s stock trades on the BSE under the ticker symbol 531768 and on the NSE under the ticker POLYMED.Source:

BlackBuck Limited Allots Shares Under Employee Stock Option Schemes BlackBuck Limited announced the allotment of 1,24,263 equity shares on March 23, 2026, following the exercise of options granted under the BlackBuck Limited Employee Stock Option Scheme 2016 (ESOP 2016) and BlackBuck Limited Employee Stock Option Scheme 2019 (ESOP 2019).The Nomination and Remuneration Committee of the Board of Directors approved the allotment via circular resolution. The shares, with a face value of Re. 1 each, were allocated to identified employees as follows:Employee Stock Option Plan(s)No. of equity shares allottedBlackBuck Limited Employee Stock Option Scheme 2016 (ESOP 2016)66,059BlackBuck Limited Employee Stock Option Scheme 2019 (ESOP...

Zydus Lifesciences Limited Receives Demand Order from State Tax Authority Zydus Lifesciences Limited announced it has received a demand order from the Assistant Commissioner of State Tax, Gujarat, concerning alleged inadmissible availment of Input Tax Credit for the financial year 2019-20. The order, issued on March 24, 2026, includes a demand for Rs. 3.28 crore, encompassing interest and penalty, as per the CGST Act, 2017.The company stated it firmly believes it has strong merits and intends to appeal the order. The company anticipates a favorable outcome based on previous High Court and Supreme Court rulings related to similar matters, and currently assesses the financial impact as immaterial.ParticularsDetailsName of the...

Bhoruka Supply Chain Solutions Holdings Limited Acquires Shares in Transport Corporation of India Ltd. Bhoruka Supply Chain Solutions Holdings Limited has acquired 2,200 equity shares of Transport Corporation of India Limited on March 23, 2026, according to a regulatory filing.As of March 23, 2026, Bhoruka Supply Chain Solutions Holdings Limited held 3,38,64,684 shares, representing 44.1269% of the total share and voting capital, and 44.1269% of the total diluted share and voting capital of Transport Corporation of India Limited.The acquisition of 2,200 shares was made through open market transactions. Following the acquisition, Bhoruka Supply Chain Solutions Holdings Limited now holds 3,38,66,884 shares, representing 44.1298% of...

Himadri Speciality Chemical Completes Redemption of Commercial Paper Himadri Speciality Chemical Ltd. announced the full and timely redemption of a commercial paper (CP) amounting to Rs. 200 crore on March 25, 2026. The redemption fulfills obligations to CP holders as outlined in the issuance terms.The details of the redeemed commercial paper are as follows:Scrip CodeISINMaturity DateRedemption DateAmount730868INE019C1466426/03/202625/03/2026Rs. 200 CroreThe record date for the commercial paper was previously established on February 9, 2026.Source:

Abhishek S. Poddar Sells Substantial Stake in Siyaram Silk Mills BSE Limited and National Stock Exchange of India Ltd. – Abhishek S. Poddar, a promoter of Siyaram Silk Mills Limited, sold 3,15,000 equity shares on March 23, 2026.According to a filing, Poddar’s sale resulted in a decrease of 10.69% in shares carrying voting rights. Prior to the sale, Poddar held 515,077 shares, representing 1.14% of the company's total share/voting capital. Following the transaction, his holding decreased to 200,077 shares, representing 0.44% of the total share/voting capital.The total equity share capital of Siyaram Silk Mills is Rs. 9,07,40,176, divided into 4,53,70,088 equity shares of Rs. 2 each. The sale was conducted through an open market...

Coal India Subsidiary Files Prospectus for Initial Public Offering Coal India Limited announced that Central Mine Planning & Design Institute Limited (CMPDIL), a wholly-owned subsidiary, filed its prospectus with the Registrar of Companies, Jharkhand at Ranchi on March 25, 2026. This filing follows the submission of a Red Herring Prospectus on March 12, 2026, for an Initial Public Offering (IPO) of up to 107,100,000 equity shares with a face value of ₹2 each. The IPO will be an Offer for Sale.Source:

Ashoka Buildcon Ltd. Allots Shares to Subsidiary Viva Infrastructure Limited Ashoka Buildcon Limited announced the allotment of 40,02,250 equity shares to its wholly-owned subsidiary, Viva Infrastructure Limited (VIL), under a rights issue. The allotment, finalized on March 25, 2026, represents a value of Rs. 4.00 crore.Following the share allotment, Ashoka Buildcon Limited now holds a total of 121,06,750 equity shares in VIL, and VIL remains a wholly-owned subsidiary.VIL, incorporated on January 28, 2002, reported a total income of Rs. 872.21 lakh and a net worth of Rs. (9,606.89) lakh based on its audited financial statements for the fiscal year 2024-25. The company operates within the infrastructure sector, a field where Ashoka...

Mega Corporation Ltd. Appoints Navratan Baid as Additional Director Mega Corporation Limited announced the appointment of Mr. Navratan Baid as an Additional Director (Non-Executive Independent Director) effective March 25, 2026. The appointment was approved by the company's Board of Directors at a meeting held on the same date. Mr. Baid's appointment is subject to approval by the company's shareholders at a future general meeting.Mr. Baid, whose Director Identification Number (DIN) is 00251523, is a commerce graduate from Delhi University. He possesses experience in small-scale manufacturing, marketing, import, and distribution businesses since 1987. Mr. Baid is not related to any other director of Mega Corporation Limited. He is not...

Capri Global Capital Ltd. Authorizes Officers for USD 1 Billion GMTN Programme Capri Global Capital Limited announced on March 25, 2026, that its Management Committee authorized certain officers to proceed with a global medium-term note (GMTN) programme. The programme aims to raise an aggregate amount not exceeding USD 1 billion.The authorization, granted at a meeting of the Management Committee held on March 25, 2026, enables officers to negotiate, finalize, and execute necessary documents related to the GMTN Programme. This includes establishing the program in accordance with Regulation S and/or Rule 144A of the U.S. Securities Act, 1933.The company intends to offer foreign currency bonds, notes, or debentures under the GMTN...

Radhika Poddar Acquires 6,400 Equity Shares in Sellowrap Industries Limited Sellowrap Industries Limited announced that Radhika Poddar, part of the Promoter Group, acquired 6,400 equity shares in the company on March 25, 2026. The acquisition was made through open market transactions.The transaction involved an acquisition of 6,400 equity shares, representing 0.46% of the company's outstanding shareholding, for a total value of Rs. 4,46,480. The shares were acquired at a price of Rs. 69.7625 per share.Here's a summary of the transaction details:DetailValueAcquirerRadhika PoddarCategory of AcquirerPromoter GroupNumber of Shares Acquired6,400Percentage of Shares Acquired0.46%Total Value of AcquisitionRs. 4,46,480/-...

Kranti Industries Ltd. to Disinvest Stake in Subsidiary Company Kranti Industries Ltd. announced on March 25, 2026, that its Board of Directors approved a proposal to disinvest up to 10,00,000 equity shares, representing 15.22% of the paid-up share capital of Preciso Metall Private Limited, a subsidiary company. Following the disinvestment, Preciso Metall Private Limited will cease to be a subsidiary of Kranti Industries Ltd.Preciso Metall Private Limited is not considered a material subsidiary of the company.During the last financial year, Preciso Metall Private Limited contributed a turnover of ₹737.92 million, representing 9.40% of Kranti Industries Ltd.'s consolidated turnover. The subsidiary's net worth was a negative ₹190.04...

DPP Enterprises LLP Acquires Substantial Stake in Siyaram Silk Mills Ltd. DPP Enterprises LLP has acquired 315,000 equity shares of Siyaram Silk Mills Limited on March 23, 2026, according to a filing. The acquisition triggers disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Prior to the acquisition, DPP Enterprises LLP held 130,408 shares carrying voting rights. Following the acquisition, the firm’s total holding of shares with voting rights has increased to 445,408.The acquisition was made through open market transactions.Siyaram Silk Mills Limited has an equity share capital of Rs. 90,74,01,76 divided into 4,53,70,088 equity shares of Rs.2 each.Summary of...

HBL Engineering Ltd. Enters Joint Venture for Maritime Technology Development HBL Engineering Limited (HBL) has executed a Joint Venture Agreement with Cochin Shipyard Limited (CSL) to develop electric mobility technology and energy storage solutions for the maritime space. The announcement follows prior board approval on February 7, 2026.The newly formed Joint Venture Company, named "GREEN MARITIME PROPULSION PRIVATE LIMITED," will be incorporated in Hyderabad, India, with an initial capital of Rs. 9 crore. HBL will hold a 60% stake, contributing Rs. 5.40 crore, while CSL will own 40%, investing Rs. 3.60 crore. Shares will be issued at face value of Rs. 10 each.The Joint Venture Company will focus on developing electric mobility...

Finkurve Financial Services Limited Completes Interest Payment on Non-Convertible Debentures Mumbai – March 25, 2026 – Finkurve Financial Services Limited announced the completion of interest payments related to its outstanding Non-Convertible Debentures (NCDs). The payment, totaling Rs. 54,76,967.00 (Rupees Fifty Four Lakh Seventy Six Thousand Nine Hundred Sixty Seven Only), was made to all concerned NCD holders on March 25, 2026, before the due date.The details of the interest payment are as follows:ParticularsDetailsISININE734I07032Issue SizeRs. 21,00,00,000 (Rupees Twenty-One Crores)Interest Amount PaidRs. 54,76,967.00 (Rupees Fifty Four Lakh Seventy Six Thousand Nine Hundred Sixty Seven Only)Payment...

RACL Geartech Ltd. Addresses Operational Adjustments Due to LPG Supply Constraints RACL Geartech Ltd. has announced operational adjustments stemming from intermittent constraints in the availability of Liquefied Petroleum Gas (LPG), Pipeline Natural Gas (PNG), and Compressed Natural Gas (CNG) for industrial use. These gases are essential inputs for the company’s manufacturing processes and those of its suppliers, resulting in limited operational disruptions during the current month.The company is actively coordinating with suppliers and implementing alternate production planning and contingency measures to mitigate the impact. While these temporary constraints may affect production schedules for the month, RACL Geartech anticipates...