Markets

BF Investment Limited Announces Inter-se Transfer of Shares Among Promoter Group BF Investment Limited announced on March 25, 2026, an inter-se transfer of shares among members of its promoter group. The transaction involves Ajinkya Investment & Trading Company and Sundaram Trading and Investment Private Limited.A total of 50,54,091 shares, representing 13.42% of the company's equity share capital, were transferred. KSL Holdings Pvt Ltd was the seller in the transaction.According to the filing, Ajinkya Investment & Trading Company (Acquirer 1) acquired 25,54,091 shares, while Sundaram Trading and Investment Private Limited (Acquirer 2) acquired 25,00,000 shares. The acquisition price was approximately Rs. 358.20 per share.The...

Dhara Rail Projects Limited Secures Order Worth Rs. 1,01,71,690.13 Dhara Rail Projects Limited announced it has received a work order from the Dy. Chief Mechanical Engineer, Office of the Chief Workshop Manager, Carriage Repair Workshop, East Central Railway, Harnaut, Bihar. The order, amounting to Rs. 1,01,71,690.13 (Rupees One Crore One Lakh Seventy-One Thousand Six Hundred and Ninety Rupees and Thirteen Paise Only) including GST, covers the "Provision of Double Inlet Blower in LHB Type Non AC Coaches" at the Carriage Repair Workshop in Harnaut.The project’s scope is defined by CAI No. CAI/RCF/ MECH/ LHB/087 and the completion timeframe is 18 months.According to information released, the entity awarding the contract is a domestic...

Maruti Interior Products Ltd. Completes Acquisition of Stake in HA & DL Holdings Pte. Ltd. Maruti Interior Products Limited announced the completion of its acquisition of an equity stake in HA & DL Holdings Pte. Ltd. on March 25, 2026. The acquisition, previously announced on February 13, 2026, involves Vina Metal Recycling Co. Limited, a wholly-owned subsidiary of HA & DL Holdings Pte. Ltd.Vina Metal Recycling Co. Limited is engaged in the production and export of stainless steel and recycled metal products. The acquisition is expected to add significant topline and bottomline growth to Maruti Interior Products Limited, as Vina Metal Recycling holds a BIS license to export SS products to India.The acquisition was approved by the...

Aye Finance Limited Director Acquires Equity Shares Aye Finance Limited announced that Director Sanjay Sharma acquired 60,000 equity shares on March 23, 2026. The acquisition was made through market purchases on the National Stock Exchange (NSE).According to a regulatory filing, Sharma, who is also the Founder and Managing Director, held 55,85,630 equity shares, representing 2.26% of the total shareholding prior to the acquisition. Following the purchase, his total holding increased to 56,45,630 equity shares, which constitutes 2.29% of the company’s outstanding shares. The total value of the transaction was 60,49,200.The company notified the stock exchanges – BSE Limited and National Stock Exchange of India Limited – about the...

Kerala Ayurveda Ltd. Approves Private Placement of Non-Convertible Debentures Kerala Ayurveda Ltd. announced on March 25, 2026, that its Board of Directors approved the issuance of 4,000 Series 'A' unlisted, secured, and redeemable Non-Convertible Debentures (NCDs). Each NCD has a face value of Rs. 1,00,000, totaling an aggregate amount of Rs. 40,00,00,000. The issuance will occur on a private placement basis.The borrowing is within limits previously approved by the company's shareholders on August 22, 2025. The Board meeting commenced at 11:00 am and concluded at 12:10 pm.Key details of the NCD issuance are outlined below:ParticularsDisclosures1Type of securitiesSeries 'A' unlisted, secured and redeemable Non-Convertible...

G R Infraprojects Ltd. Enters Agreement to Transfer Subsidiaries to Indus Infra Trust G R Infraprojects Limited announced on March 25, 2026, that it has entered into a Share Purchase Agreement with Indus Infra Trust for the transfer of 100% equity shares of three wholly-owned subsidiaries: GR Bilaspur Urga Highway Private Limited (GBUHPL), GR Ujjain Badnawar Highway Private Limited (GUBHPL), and GR Ena Kim Expressway Private Limited (GEKEPL).The completion of the transfer is contingent upon meeting contractual obligations outlined in the share purchase agreement. Upon completion, GBUHPL, GUBHPL, and GEKEPL will cease to be wholly-owned subsidiaries of G R Infraprojects Limited.The consideration for the sale is as follows: Rs...

ZF Commercial Vehicle Control Systems India Ltd. Appoints Compliance Officer ZF Commercial Vehicle Control Systems India Limited announced the appointment of Ms. C V Kavviya as the Compliance Officer, effective March 25, 2026. Ms. Kavviya will serve as a Key Managerial Personnel for an interim period.The appointment was made following a recommendation by the Nomination and Remuneration Committee.Ms. Kavviya holds an ICSI Membership No. A55102 and possesses an academic background in Law (LLB), Commerce (M. Com), and International Business (MBA). She has approximately 8 years of experience in corporate laws, secretarial compliances, and corporate governance.Details regarding Ms. Kavviya's appointment are summarized in the table...

Sanofi India Appoints Siraj Azmat Chaudhry as Additional Director Mumbai – March 25, 2026 – Sanofi India Ltd. announced the appointment of Siraj Azmat Chaudhry as an Additional Director and Independent Director at a board meeting held on Wednesday, March 25, 2026. The appointment is effective April 1, 2026, and Chaudhry will serve for an initial term of five years, until March 31, 2031, subject to member approval at the company’s 70th Annual General Meeting.The board also approved the convening of the 70th Annual General Meeting on April 29, 2026, at 3:30 p.m. IST via video conferencing. The company had previously recommended a final dividend of Rs. 48 per equity share of Rs. 10 each for the financial year ended December 31, 2025...

CARE Ratings Limited Receives Administrative Warning from SEBI CARE Ratings Limited, a credit rating agency, announced on March 25, 2026, that it received an administrative warning from the Securities and Exchange Board of India (SEBI). The warning stems from an inspection conducted by SEBI covering the period from May 1, 2024, to March 31, 2025.The administrative warning was issued due to inconsistencies observed regarding the disclosure of applicable criteria in press releases and rating notes.CARE Ratings Limited reported that the administrative warning will not have a material impact on the company’s financial, operational, or other activities. The details of the warning are provided in Annexure A. The information will also be...

Tejas Networks Ltd. Allots Equity Shares Under Employee Stock Option Plans Tejas Networks Ltd. announced the allotment of 78,425 equity shares on March 25, 2026, resulting from the exercise of stock options by eligible employees. The shares were issued under various stock option and restricted stock unit plans.The company allotted 2,219 shares under the Tejas Networks Limited Employees Stock Option Plan 2014 - A, with an exercise price of ₹85 per share. An additional 3,476 shares were allotted under the Tejas Networks Limited Employees Stock Option Plan 2016, also with an exercise price of ₹85 per share.A significant portion of the allotment, 18,219 shares, occurred under the Tejas Restricted Stock Unit Plan 2017, carrying an...

Vishal Fabrics Ltd. Appoints Umakant Sharma as Marketing Head and Vice President Vishal Fabrics Ltd. announced the appointment of Umakant Sharma as Marketing Head and Vice President, effective March 25, 2026.Mr. Sharma brings over 25 years of experience in denim marketing to the role. His expertise encompasses sales strategy, market research, trend analysis, and consumer demand. He has a track record of bridging production and marketing, cultivating client relationships, and maintaining brand presence across key markets.Details of the Appointment:ParticularsDetailsReason for ChangeAppointment of Mr. Umakant Sharma as Marketing Head and Vice PresidentDate of AppointmentMarch 25, 2026Brief ProfileMr. Sharma possesses...

Kilitch Drugs Announces Bonus Share Issue Kilitch Drugs (India) Ltd. announced the allotment of 1,74,80,782 bonus equity shares of Rs. 10 each. The bonus issue is in a ratio of 1:1, meaning one bonus share for every existing share held as of the record date, March 24, 2026. The bonus shares will rank equally with the company's existing equity shares.The company’s paid-up equity share capital has increased as follows:ParticularsNo. of SharesFace Value (per share in Rs.)Amount (in Rs.)Paid-up Share Capital (Pre-Bonus Issue)1748078210174807820Paid-up Share Capital (Post-Bonus Issue)3496156410349615640The board meeting approving the bonus issue commenced at 10:30 hours and concluded at 12:25 hours.Source:

Accord Transformer & Switchgear Signs Strategic MOU with Moscow to Expand Global Energy Footprint Gurugram, March 25, 2026 — Accord Transformer & Switchgear Limited (ATS), a leading manufacturer of transformers and switchgear solutions in India, has signed a Memorandum of Understanding (MOU) with the Western Administrative District of the City of Moscow (Russian Federation). This agreement marks a significant step toward international collaboration in energy infrastructure and industrial development.The MOU establishes a framework for cooperation aimed at strengthening industrial ties, promoting sustainable energy solutions, and fostering technological exchange. The agreement, reflecting a shared vision to accelerate growth in power...

Harmony Capital Services Ltd. Corrects Shareholding Details in Postal Ballot Notice Harmony Capital Services Ltd. has announced a correction to the explanatory statement in a postal ballot notice dated November 20, 2025, concerning the issuance of equity shares on a preferential basis. The original notice contained inaccurate details regarding the pre- and post-issue shareholding of promoters and the promoter group.According to the corrected information, the company’s pre-issue shareholding was Nil, with the public holding 100% of the total paid-up capital. Following the share issuance, the public will hold 66,26,900 equity shares, representing 54.65% of the total paid-up capital, and the company will have 55,00,000 equity shares...

Globe Enterprises Reconstitutes Board Committees Globe Enterprises (India) Limited announced the reconstitution of its Board Committees, effective March 25, 2026. The changes were approved by the Board of Directors and involve the appointment of Mr. Bharat Mulchandbhai Bhavsar as Chairperson for the Audit, Nomination and Remuneration, Stakeholders’ Relationship, and Corporate Social Responsibility Committees, replacing Mr. Yogesh Kanhiyalal Vaidya.Audit Committee Composition:CompositionCategoryMr. Bharat M. Bhavsar - ChairpersonNon-Executive - Independent DirectorMr. Bhavik Suryakant Parikh- MemberExecutive DirectorMr. Rajatkumar Dineshbhai Patel- MemberNon-Executive - Independent DirectorNomination and Remuneration...

Urban Company Schedules Analyst and Investor Meetings Urban Company Ltd announced its participation in a series of analyst and investor meetings scheduled for March 25 and March 27, 2026. The meetings will be held virtually with Wordly Partners, Grandeur Peak Global Advisors, Bank of America, Optimus Capital, and Monarch Networth Capital Limited.According to the company, the schedule is subject to change. No unpublished price-sensitive information will be shared during these meetings.The company acknowledged a delay in the filing of this notification due to the short notice finalization of the meetings and stated its intention to ensure more timely notifications in the future. A previously scheduled meeting with Monarch Networth...

Arfin India Ltd. to Invest in Subsidiary’s Rights Issue Arfin India Ltd. announced on March 25, 2026, that it has approved a subscription to the rights issue of equity shares of its wholly owned subsidiary, Arfin Titanium & Speciality Alloys Limited. The investment will be up to Rs. 3,00,00,000 or a higher amount as may be required.Arfin Titanium & Speciality Alloys Limited, incorporated on January 14, 2025, is engaged in the manufacturing and trading of non-ferrous metals. The rights issue aims to fund the subsidiary's business operations and growth requirements.The transaction is considered a related party transaction as Arfin Titanium & Speciality Alloys Limited is a wholly owned subsidiary. However, the company stated that the...

Escorts Kubota Schedules Investor Meetings Escorts Kubota Ltd. announced schedules for upcoming investor meetings, according to a company release. The company will host a one-on-one virtual meeting with Amansa Advisors LLP on March 31, 2026, from 4:00 PM to 5:00 PM IST.The company’s Investor & Earning Presentation is available on its website at https://www.escortskubota.com/investors/financials. The company stated that no unpublished price sensitive information is anticipated to be shared during the meeting.DateType of MeetingMeeting WithTime of MeetingMarch 31, 2026One-on-One Virtual meetingAmansa Advisors LLP16:00 -17:00 ISTSource:

Aspira Pathlab & Diagnostics Open Offer Date Set Aspira Pathlab & Diagnostics Ltd. has announced a key date related to its ongoing open offer. Aftertrade Broking Private Limited, acting as Manager to the Open Offer, confirmed March 27, 2026, as the Identified Date for determining shareholders who will receive the Letter of Offer.The open offer, initiated by Arvind Karsandas Bhanushali, Deepali Arvind Bhanushali, Jay Arvind Bhanushali, Nikunj Velji Mange, and Raj Arvind Bhanushali, alongside Shraddha Nikunj Mange (acting as PAC), aims to acquire 26,76,180 equity shares, representing 26% of the company's fully paid-up equity share capital and voting capital. The offer price is set at ₹55 per share, with a face value of ₹10 per share...

LE Lavoir Ltd. Receives Third Tranche of Consideration for Convertible Warrants LE Lavoir Ltd. announced the receipt of the third tranche of consideration for convertible warrants issued on a preferential basis. The company received Rs. 1,25,49,150 from allottees Mr. Ashok Dilipkumar Jain and Ms. Viha Ashok Jain.The warrants were issued at a price of Rs. 264.75 each, including a premium of Rs. 254.75 per warrant and a face value of Rs. 10.00 per warrant. The consideration was received in accordance with the provisions of Chapter V of the SEBI (ICDR) Regulations, 2018.The following table details the consideration received by each allottee:Sr. No.Name of the Allottee(s)Category (Promoter / non- promoter)No. of Convertible Warrants...