Markets

F Mec International Financial Services Ltd. Responds to Share Price Movement
F Mec International Financial Services Ltd. Responds to Share Price Movement F Mec International Financial Services Limited addressed concerns regarding recent share price activity, stating the movement is attributable to general market conditions and investor perception.The company’s response, dated March 25, 2026, was provided to the Listing Department of the BSE Limited in connection with an email received on March 24, 2026. F Mec International Financial Services Ltd. confirmed that it has regularly disclosed material information pertaining to the company's operations and performance in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The company’s share code on the BSE...
AVRO INDIA LIMITED Announces Stock Split and Other Corporate Actions
AVRO INDIA LIMITED Announces Stock Split and Other Corporate Actions AVRO INDIA LIMITED announced on March 25, 2026, that its Board of Directors has approved a 1:10 stock split of its existing equity shares. This means that each existing share with a face value of Rs. 10 will be split into 10 shares with a face value of Rs. 1 each. The decision aims to enhance the liquidity of the company's equity shares and encourage participation from retail investors.The Board also approved an alteration of the company’s Capital Clause in its Memorandum of Association, which will read: ‘The Authorized Share Capital of the Company is Rs. 15,00,00,000 divided into 15,00,00,000 equity shares of face value of Rs. 1 each.’Furthermore, the Board...
Winsome Yarns Limited Delays Submission of Un-Audited Financial Results
Winsome Yarns Limited Delays Submission of Un-Audited Financial Results Winsome Yarns Limited has informed the BSE Limited and National Stock Exchange of India Ltd. of a delay in submitting the un-audited financial results for the quarter ended December 31, 2025.The company, incorporated on July 19, 1990, is currently undergoing a Corporate Insolvency Resolution Process (CIRP) following an application by Financial Creditor Edelweiss Asset Reconstruction Company Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The National Company Law Tribunal, Chandigarh Bench, initiated the CIRP on December 22, 2023, appointing Mr. Sanjay Gupta as the Interim Resolution Professional. Subsequently, ARCK Resolution Professionals LLP...
Exide Industries Invests ₹450 Crore in Wholly Owned Subsidiary
Exide Industries Invests ₹450 Crore in Wholly Owned Subsidiary Exide Industries Limited announced an investment of ₹450,00,00,000 (₹450 crore) in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), on March 25, 2026. The investment was made through a rights offering. This brings the total investment by Exide Industries in EESL to ₹4,802.23 crore. The shareholding percentage of Exide Industries in EESL remains unchanged at 100%.About Exide Energy Solutions Limited EESL was incorporated on March 24, 2022, and is engaged in the manufacturing and selling of lithium-ion battery cells, modules, and packs for the electric vehicle market and stationary applications. As of March 31, 2025, EESL's net worth stood at ₹2,738.06...
Power Mech Projects Limited Sees Order Book Reduction Following Tender Annulment
Power Mech Projects Limited Sees Order Book Reduction Following Tender Annulment Power Mech Projects Limited announced on March 25, 2026, that West Bengal State Electricity Distribution Company Limited (WBSEDCL) has annulled a tender process and rescinded a Letter of Award (LoA) previously issued to its wholly owned subsidiary, PM Green Private Limited. The LoA, initially issued on January 08, 2026, pertained to a 250 MW/ 1000 MWh Standalone Battery Energy Storage System project in Goaltore.The annulment was attributed to administrative and procedural challenges beyond the control of either party, and it was clarified that the decision was not due to any default or non-compliance by the bidder. The Bid Security and Performance Bank...
Just Dial Receives Penalty Order from State Tax Authority
Just Dial Receives Penalty Order from State Tax Authority Just Dial Limited, India's leading local search engine, announced it has received an order from the Assistant Commissioner of State Tax in Mumbai. The order, dated March 24, 2026, imposes a penalty of 8.74 crore under the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017.The penalty relates to allegations of excess availment of input tax credit on common services during the fiscal year 2019-20. Alongside the penalty, the order includes a demand for an additional tax amount along with applicable interest, totaling 18.89 crore.Just Dial intends to file an appeal against the order. The company stated the financial impact is limited to...
Ganesh Consumer Products Limited Schedules Board Meeting
Ganesh Consumer Products Limited Schedules Board Meeting Ganesh Consumer Products Limited, formerly known as Ganesh Grains Limited, announced a board meeting scheduled for Monday, March 30, 2026.The meeting will be held to consider and approve the appointment of an Internal Auditor for the financial year 2025-26.The company is located at Trinity Tower, 83 Topsia Road (South), 3rd Floor, Kolkata, West Bengal. Contact information is as follows: Phone +91 334015 7900 / 6633 6633, Fax +91 33 4018 7912, and Email ggl@ganeshconsumer.com. The company website is ganeshconsumer.com.Source:
Visaka Industries Receives Assessment Order and Demand Notice from Income Tax Department
Visaka Industries Receives Assessment Order and Demand Notice from Income Tax Department Visaka Industries Limited has received an Assessment Order and related demand notices from the Income Tax Department, the company announced on March 25, 2026. The order pertains to the Assessment Year 2024-25.The Assessment Unit of the Income Tax Department issued an Assessment Order under Section 143(3) and a Demand Notice under Section 156 of the Income-tax Act, 1961. The demand amounts to ₹92,79,530.According to the Assessment Order, the Income Tax Department made certain additions to the income initially reported by the company.Visaka Industries is currently evaluating the order and believes it has grounds to contest the findings. The...
Valencia Nutrition Ltd. Expands Portfolio with ‘Crunzzo’ Snack Brand
Valencia Nutrition Ltd. Expands Portfolio with ‘Crunzzo’ Snack Brand Valencia Nutrition Ltd. announced on March 25, 2026, an expansion of its product portfolio with the launch of a new packaged snack brand, 'Crunzzo', marking the company's entry into the snack food segment. The product, categorized as snack foods fortified with a vitamin premix, is targeted for the domestic market.Building on its established success in the Rs. 10 beverage segment, Valencia Nutrition has introduced 'Crunzzo' with a Maximum Retail Price (MRP) of Rs. 5. The company projects that this strategic expansion will strengthen distributor relationships, improve channel efficiency, and drive incremental revenue growth while lowering distribution costs, as the...
KSL Holdings Disposes of Shares in BF Investment Limited
KSL Holdings Disposes of Shares in BF Investment Limited Pune – March 25, 2026 – KSL Holdings Pvt Ltd, a member of the promoter group of BF Investment Limited, has disposed of 50,54,091 equity shares of the company on March 24, 2026. The shares were transferred through an inter-se transfer amongst members of the promoter group.This transaction, disclosed pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reduces KSL Holdings' holding to 0% of the target company’s share capital. Prior to the transfer, KSL Holdings held 13.42% of BF Investment Limited’s shares, representing 50,54,091 shares.BF Investment Limited’s equity share capital before the disposal was Rs. 18,83,38,140...
Sula Vineyards Acquires Domaine Chandon India Assets for Rs. 20 Crores
Sula Vineyards Acquires Domaine Chandon India Assets for Rs. 20 Crores Sula Vineyards Limited announced on March 25, 2026, that its wholly-owned subsidiary, Artisan Spirits Private Limited (ASPL), has entered into an Asset Purchase Agreement (APA) to acquire the assets of Domaine Chandon India. The assets include land, buildings, plant, and machinery, located in Dindori, Nashik, from Moët Hennessy India Private Limited, a subsidiary of Moët Hennessy (part of the LVMH group).The total consideration for the purchase is Rs. 20 Crores, excluding expenses related to inventory, applicable taxes, and other statutory levies. ASPL plans to fund the acquisition through a combination of internal accruals and debt.The acquisition is expected to...
Markolines Pavement Technologies Limited Clarifies Share Exchange Ratio in Amalgamation Scheme
Markolines Pavement Technologies Limited Clarifies Share Exchange Ratio in Amalgamation Scheme Markolines Pavement Technologies Limited has issued a clarification regarding a discrepancy in the share exchange ratio detailed in a previous announcement concerning the amalgamation of Markolines Infra Limited with Markolines Pavement Technologies Limited. The clarification was released on March 25, 2026, and submitted to the National Stock Exchange of India Ltd. and BSE Limited.The company acknowledged an inadvertent clerical error resulted in an incorrect share exchange ratio being initially disclosed. The previously stated ratio of 1:1.15, indicating that for every one existing equity share of Markolines Infra Limited, a shareholder...
BF Investment Limited Announces Inter-Se Transfer of Shares Among Promoter Group Members
BF Investment Limited Announces Inter-Se Transfer of Shares Among Promoter Group Members Pune, India – March 25, 2026 – BF Investment Limited announced changes in the shareholding of its promoter group members. The changes involved an acquisition and disposal of shares through inter-se transfer amongst members of the promoter group.Ajinkya Investment and Trading Company acquired 25,54,091 equity shares on March 24, 2026, increasing its total holdings to 1,28,46,194 shares, representing 34.10% of the company. The value of the transaction was Rs. 91.51 crore.Sundaram Trading and Investment Pvt Ltd acquired 25,00,000 equity shares on the same date, bringing its total holdings to 1,22,93,068 shares, representing 32.63% of the company...
Belrise Industries Schedules Analyst Meeting
Belrise Industries Schedules Analyst Meeting Belrise Industries Limited announced it will participate in a group meeting on April 1, 2026, from 3:30 PM to 4:30 PM. The meeting will be held virtually. According to a regulatory filing, discussions during the meeting will be based solely on publicly available information and will not include any unpublished price sensitive information. The schedule is subject to change. More information is available on the company’s website under the 'Investor Relations' tab at https://belriseindustries.com.Source:
Saboo Sodium Chloro Ltd. Approves Investment in Subsidiary’s Rights Issue
Saboo Sodium Chloro Ltd. Approves Investment in Subsidiary’s Rights Issue Saboo Sodium Chloro Limited announced on Wednesday, March 25, 2026, that its Board of Directors approved a subscription to the rights issue of its wholly-owned subsidiary, Samskara Resorts Private Limited.The company intends to subscribe to 100% of its entitlement in the rights issue, with a potential investment of up to ₹3,80,00,000 (Rupees Three Crores Eighty Lakhs only). The terms and conditions of the rights issue will be as offered by Samskara Resorts Private Limited.According to details released, the investment is intended to support the business operations of the subsidiary.Rights Issue DetailsParticularsDetailsName of the target entitySamskara...
Cochin Shipyard Limited Forms Joint Venture for Electric Mobility Technology
Cochin Shipyard Limited Forms Joint Venture for Electric Mobility Technology Cochin Shipyard Limited (CSL) has executed a Joint Venture Agreement with HBL Engineering Limited (HBL) to develop electric mobility technology and energy storage solutions for the maritime space, according to a filing on March 25, 2026.The Joint Venture Company, named 'GREEN MARITIME PROPULSION PRIVATE LIMITED,' will be incorporated in Hyderabad, India, with an initial capital of Rs. 9 crore. CSL will hold a 40% stake, subscribing to 36 lakh equity shares at Rs. 3.60 crore, while HBL will hold a 60% stake, subscribing to 54 lakh equity shares at Rs. 5.40 crore. Shares will be subscribed at face value of Rs. 10 each.The board of directors will consist of...
BF Investment Limited Announces Inter-Se Transfer of Shares Among Promoter Group Members
BF Investment Limited Announces Inter-Se Transfer of Shares Among Promoter Group Members BF Investment Limited announced on March 25, 2026, that Ajinkya Investment and Trading Company and Sundaram Trading and Investment Pvt Ltd. have acquired shares through an inter-se transfer among members of the promoter group.Ajinkya Investment and Trading Company acquired 25,54,091 equity shares on March 24, 2026. Following the acquisition, Ajinkya Investment and Trading Company holds 1,28,46,194 equity shares, representing 34.10% of the company's total shares.Sundaram Trading and Investment Pvt Ltd. acquired 25,00,000 equity shares on March 24, 2026. Following the acquisition, Sundaram Trading and Investment Pvt Ltd. holds 1,22,93,068 equity...
Bharat Dynamics Limited to Establish New Manufacturing Facilities
Bharat Dynamics Limited to Establish New Manufacturing Facilities Bharat Dynamics Limited (BDL) is establishing two new manufacturing facilities in Ibrahimpatnam, Telangana, and Jhansi, Uttar Pradesh, to meet the evolving requirements of the Indian armed forces. The inauguration of these facilities is expected shortly, with production commencing during the financial year 2026-27.The Ibrahimpatnam facility in Telangana will house eight assembly lines to support new weapon systems, along with specialized testing facilities, including a rocket motor testing facility and a warhead penetration testing facility. The Jhansi facility, located within the Uttar Pradesh defense corridor, will focus on propellant manufacturing, bulk manufacturing...
Global Health Limited Announces Hospital Expansion in Varanasi, Medical College Development
Global Health Limited Announces Hospital Expansion in Varanasi, Medical College Development Global Health Limited (NSE: Medanta, BSE: 543654), also known as Medanta, announced on March 25, 2026, its plan to establish a 400-bed multi-specialty hospital in Varanasi, Uttar Pradesh. The company’s Board of Directors approved a definitive agreement with Shripal Hospitality LLP & Others for a build-to-suit development and lease agreement to develop the hospital.Previously, a wholly-owned subsidiary, Global Health Institute of Medical Sciences Foundation, was incorporated on March 30, 2024, to establish and manage educational institutions, including a medical college. This was done in accordance with prior regulations. Subsequent regulatory...
Happy Square Outsourcing Services Limited Receives New Work Orders and Extension
Happy Square Outsourcing Services Limited Receives New Work Orders and Extension Happy Square Outsourcing Services Limited (formerly Happy Square Outsourcing Services Private Limited) announced the receipt of a new work order and an extension of an existing work order on March 24, 2026. The aggregate order value totals approximately ₹0.1222 Crores.New Work Order Details The company was awarded a new work order from Madhya Pradesh Power Transmission Company Limited (MPPTCL)- BETUL (Office of the Executive Engineer Testing Dn) for the supply of manpower services. The work order’s value is approximately ₹0.0611 Crore and the service period is for one year, from April 1, 2026, to March 31, 2027.Work Order Extension DetailsAn extension...
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