Markets

Vallabh Steels Limited Appoints Charanjit Kaur as Company Secretary and Compliance Officer Vallabh Steels Limited announced the appointment of Charanjit Kaur as Company Secretary and Compliance Officer, effective March 25, 2026. The decision was made by the Board of Directors during a meeting held on the same date.According to a company statement, Ms. Kaur holds Membership No. A75096 with the Institute of Company Secretaries of India and has approximately two years of professional experience. Her expertise includes handling various secretarial matters, ROC compliances, and corporate regulatory requirements.The appointment fulfills a statutory requirement for the company. Ms. Kaur does not have a familial relationship with any of the...

Sammaan Capital Ltd. Reports Timely Interest Payments on Debentures Sammaan Capital Ltd. announced that it has made timely payments of interest on its secured redeemable non-convertible debentures. The payments were made on March 24, 2026, with a due date of March 25, 2026.The company certified that the entire interest amount has been paid as per Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.The following table details the interest payments:Sr. No.ISINIssue Size (in INR lacs)Interest Amount Paid (in INR lacs)Payment Frequency1INE148I07UI0536.413.80652Monthly2INE148I07UD1380.26294Monthly3INE148I07UC31527.4511.108Monthly...

Parmax Pharma Appoints Bhakti Aghera as Company Secretary and Compliance Officer Parmax Pharma Ltd. announced the appointment of Ms. Bhakti Aghera as Company Secretary and Compliance Officer, effective March 24, 2026. The decision was approved by the Board of Directors at a meeting held on Wednesday, March 25, 2026, following a recommendation from the Nomination and Remuneration Committee.Ms. Aghera holds membership number A68683 with The Institute of Company Secretaries of India and brings six years of experience in corporate legal and secretarial services. She has previously been associated with Parmax Pharma Limited.Key Details of the Appointment:ParticularsDetailsReason for ChangeAppointmentDate of AppointmentMarch 25...

Vallabh Steels Limited Appoints New Company Secretary Vallabh Steels Limited announced the appointment of Ms. Charanjit Kaur as Company Secretary and Compliance Officer, effective March 25, 2026. The decision was made at a board meeting held on Wednesday, March 25, 2026, at the company’s registered office.The appointment was disclosed following a meeting of the Board. Neelam Sharma, Director (DIN: 07656064), confirmed the outcome.Source:

TVS Holdings Ltd. Declares Interim Dividend of Rs. 86 per Share TVS Holdings Ltd. announced an interim dividend of Rs. 86 per share, equivalent to a 1720% payout, for the financial year ending March 31, 2026. The dividend applies to 2,02,32,104 equity shares with a face value of Rs. 5 each.The company’s board of directors approved the dividend at a meeting held on March 25, 2026, which commenced at 10:00 A.M. and concluded at 11:05 A.M. The total payout amounts to Rs. 174 crore.The record date for the interim dividend is April 2, 2026. Payment will be made to shareholders holding shares in physical or electronic form and appearing in the Register of Members or Depositories as of the close of working hours on the record date...

Intellect Wins ‘Best Banking Technology Vendor of the Year 2026’ at Africa Fintech Forum in South Africa Johannesburg/London, 25 March 2026 - Intellect Design Arena Ltd. was recognized as the Best Banking Technology Vendor of the Year 2026 at the 6th Africa Fintech Forum held in Johannesburg. The award highlights the company’s role in modernizing Africa’s financial infrastructure and aligns with South Africa’s vision for innovation and growth.The accolade was presented by a jury panel of Senior Banking Executives and Industry Leaders. Intellect was selected for its commitment to enabling intelligent, real-time financial services and for providing resilient, future-ready infrastructure. The recognition also celebrates Intellect’s...

Shervani Industrial Syndicate Ltd. Receives GST Order and Plans Appeal Shervani Industrial Syndicate Ltd. announced today, March 25, 2026, that it received an order from the Assistant Commissioner, CGST & Central Excise Division-II, Allahabad. The order, reference number ZD0903261671574, was issued on March 24, 2026, and pertains to a demand of Rs. 1,33,96,340, along with interest and penalties under sections 74 and 50 of the CGST Act, 2017, and corresponding provisions of the U.P. GST Act, 2017.The order relates to the alleged non-payment of Goods and Services Tax under reverse charge on the purchase of FAR from the Prayagraj Development Authority for the fiscal years 2019-20, 2020-21, 2021-22, and 2022-23.According to the company...

Stylam Industries Ltd. Board Approves Shareholder Votes, Articles Alteration, and Committee Formation Stylam Industries Ltd. announced on March 25, 2026, that its Board of Directors approved several key resolutions during a meeting held that day.Shareholders will vote via remote e-voting on matters including the alteration of the company’s Articles of Association. Sanjiv Kumar Goel, a Practicing Company Secretary, has been appointed as Scrutinizer for the Postal Ballot process.The alteration involves amending Article 85 of the Articles of Association to facilitate the appointment of nominee directors under a Shareholder’s Agreement. The revised article stipulates that the number of directors will be between 3 and 15.The Board...

WeWork India Invests ₹31 Crore to Expand Bengaluru Presence with New Center at Embassy Vertex National, March 25, 2026 – WeWork India Management Limited, a leading premium flexible workspace operator in India, announced today the signing of a 10-year lease to expand its Bengaluru portfolio with a new center at Embassy Vertex, on Residency Road.The new center, spanning approximately 81,000 square feet across six floors, represents an investment of ₹31 crore. It is expected to open in Q1 FY27 and will offer over 1250 desks.Bengaluru's office market accounted for approximately 25% (15.1 million sq. ft.) of total leasing between January and September 2025. The city has captured nearly 40% of GCC leasing in Q1 2025, the highest among all...

Infosys Finacle to Power Digital Transformation for Producers Savings Bank Corporation in the Philippines Bengaluru, India and Manila, Philippines – March 25, 2026: Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), announced an agreement with Producers Savings Bank Corporation, a leading bank in the Philippines, to modernize its technology landscape. The bank will upgrade to the latest version of the Finacle Core Banking Solution and implement the Finacle Origination Solution to expand its lending business for small and medium enterprises (SMEs) and retail customers.The upgrade aims to strengthen the bank's digital foundation, enhance operational resilience, and unlock...

IndiGrid Completes Acquisition of Gujarat BESS Private Limited for Approximately INR 573 Crores IndiGrid Infrastructure Trust has finalized the acquisition of securities from British International Investment PLC ('BII') and Norfund via KNI India AS ('Norfund') concerning Gujarat BESS Private Limited. The transaction, completed on March 25, 2026, carries an enterprise value of approximately INR 573 crores, subject to adjustments outlined in the definitive agreements.The Gujarat BESS Private Limited project operates under a Build Own Operate ('BOO') model and is expected to generate annual revenues exceeding INR 97 crores. The concession tenure for the project is set at 12 years.Source:

Cosmic CRF Ltd. Receives Order from Supreme Court of India Regarding Ongoing Litigation Cosmic CRF Limited announced on March 25, 2026, that the Hon’ble Supreme Court of India has issued an order regarding the ongoing litigation involving the company before the National Company Law Appellate Tribunal (NCLAT) in New Delhi. The case, titled Cosmic CRF Limited vs. Myotic Trading Private Limited & Ors. (Civil Appeal Diary No. 15468/2026), pertains to a matter initially addressed by the NCLAT on October 10, 2025.The Supreme Court’s order, dated March 23, 2026, condoned the delay in filing an appeal and admitted the matter. The court also issued notice to the respondents and permitted Dasti Service. Furthermore, the order stipulates that...

Time Technoplast Ltd. Completes Key Expansion Projects in Q4 FY26 Time Technoplast Ltd. announced the successful completion of several greenfield and brownfield expansion projects during the fourth quarter of fiscal year 2026 in India. The company reported that trial production has commenced at these facilities, aligning with previously stated timelines.Greenfield Project for Composite Products Manufacturing A new greenfield project for manufacturing composite products for the gas distribution and automotive sectors, including CNG and hydrogen standalone cylinders and cascades, has been commissioned in Morai, near Vapi, Gujarat. Phase I includes 600 cascades with a capacity of 36,000 cylinders. Phase II will consolidate an existing...

Gujarat Alkalies and Chemicals Limited Responds to Share Price Movement Gujarat Alkalies and Chemicals Limited announced on March 25, 2026, that it has made all necessary disclosures in accordance with applicable SEBI regulations regarding recent share price movement. The company acknowledged that a promoter recently purchased shares from the open market and that the required disclosures were submitted to the stock exchanges.According to the company's management, as of the current date, there are no further announcements to share with the stock exchanges that would impact the price or volume behavior of its scrip. The movement in the company’s share price is attributed to market-driven factors.Jara Alkalies and Chemicals Limited is...

STL Launches India's First Hollow Core Fibre Cable for Data Centre Networks Mumbai, March 25, 2026 – Sterlite Technologies Ltd [NSE: STLTECH] announced a breakthrough in optical communication with the launch of India's first Hollow Core Fibre (HCF) cable. This innovation is designed to meet the low-latency and high-bandwidth requirements of modern Data Centres, Hyperscalers, and High-Frequency transmission networks.As the first company in India to develop and manufacture HCF technology, STL reinforces its position as a global deep-tech leader. Unlike traditional optical fibres that utilize a solid glass core, STL’s HCF cable guides light through an air-filled core, enabling signals to travel approximately 46% faster and reducing...

Global Infratech & Finance Ltd. Confirms Non-Applicability of Certificate for June 30, 2026 Global Infratech & Finance Ltd. announced today that it did not issue any Non-convertible securities and therefore, the schedule of payment of interest, dividend, or principal obligations is not applicable for the quarter ended June 30, 2026. This determination aligns with Regulation 57(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.The company also confirmed the absence of any outstanding interest, dividend, or principal obligations related to Non-convertible Securities.V S Amarnath, Managing Director, made the announcement.Source:

REC Limited Approves Market Borrowing Programme of ₹1,60,000 Crore REC Limited, a Government of India enterprise, announced on March 25, 2026, the approval of a Market Borrowing Programme totaling ₹1,60,000 crore for the financial year 2026-27. The decision was made at a board meeting held on the same day.The approved borrowing programme includes:Domestic Bonds/Debentures: An unspecified amount, encompassing various instruments like Infrastructure Bonds, Zero Coupon Bonds, ESG Bonds, and more, as permitted by regulatory authorities. Capital Gains Tax Exemption Bonds: ₹1,40,000 crore. Rupee Term Loans: An unspecified amount from banks, financial institutions, and other entities. External Commercial Borrowings (ECBs): An unspecified...

MAS Financial Services Limited Allots Debentures on Private Placement Basis MAS Financial Services Limited announced the allotment of 10,000 rated, listed, senior, secured, redeemable, transferable, taxable, non-convertible debentures on a private placement basis. The total nominal value of the debentures is INR 100,00,00,000 (Indian Rupees One Hundred Crore).The debentures, each with a face value of INR 1,00,000 (Indian Rupees One Lakh), have been rated "CARE AA-/Stable" by CARE Ratings Limited. The deemed date of allotment was March 25, 2026, with a final redemption date of March 25, 2029, representing a tenure of 36 months. The interest rate is 8.60% per annum, with monthly interest payments beginning April 25, 2026.The...

Ujjivan Small Finance Bank to Participate in Investor Meet with Cusana Capital Ujjivan Small Finance Bank Ltd. announced an upcoming virtual investor meet with Cusana Capital scheduled for March 26, 2026. The meeting will be held virtually from Bangalore and is scheduled to run from 3:30 PM to 4:30 PM.The company confirmed that no unpublished price-sensitive information will be shared during the meeting. The meeting was finalized with short notice. Any changes to the schedule may occur due to unforeseen circumstances.Further details are available on the bank's website at www.ujjivansfb.bank.in.Source:

Kiran Thummalapalli Increases Stake in Mudunuru Limited Through Open Market Purchases Mudunuru Limited announced that Kiran Thummalapalli, an acquirer and Executive Director, increased his stake in the company through open market purchases between February 26, 2026, and March 23, 2026. The acquisition, made on the BSE Limited, involved 36,115 equity shares.Prior to the acquisition, Thummalapalli held 21,40,781 shares, representing 6.54% of the total share/voting capital and 6.54% of the diluted share/voting capital of Mudunuru Limited. Following the purchase, his holding increased to 21,76,896 shares, reflecting a 6.65% stake.Mudunuru Limited’s total equity share capital stands at Rs. 6,54,40,000, divided into 3,27,20,000 fully paid...