Markets

JFL Life Sciences Limited Rights Issue Fails to Meet Subscription Requirements JFL Life Sciences Limited announced today, March 24, 2026, that its rights issue did not achieve the minimum subscription requirement. The company had offered 3,29,95,323 equity shares with a face value of 10.00 per share at a price of 210.00 per share, in a ratio of one share for every one share held, as of March 10, 2026. The issue period ran from March 16, 2026, to March 24, 2026.The minimum subscription requirement, set at 90% of the issue size, was not met. Consequently, JFL Life Sciences will not proceed with the allotment of equity shares. The company will initiate a process to refund amounts held in ASBA accounts through KFin Technologies Limited...

Vishal Mega Mart Ltd. Receives Order from Bengaluru Tax Authority Vishal Mega Mart Limited announced it received an order from the Assistant Commissioner, LGSTO 38- Bengaluru, DGSTO-5, Bengaluru, Karnataka, on March 24, 2026.The order, issued under Section 74 of the CGST Act, 2017, alleges excess Input Tax Credit was availed and utilized by the company for the financial year 2019-20.The financial impact of the order totals Rs. 71,85,432, encompassing a tax demand of Rs. 23,43,585, interest of Rs. 24,98,262, and a penalty of Rs. 23,43,585. Vishal Mega Mart Limited stated that the order will have no material impact on operations or other activities. The company is currently reviewing the order and considering its next steps...

Nitco Ltd. Announces Resignation of Chief Financial Officer Bikash Jain Nitco Ltd. announced that Bikash Jain has resigned from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective March 31, 2026. Jain's resignation is due to his relocation to Delhi for family reasons and in consideration of his future plans. The company expressed appreciation for the services rendered by Jain during his tenure.Consequently, Bikash Jain also ceases to be a Senior Management Personnel of the company, effective March 31, 2026.The following table summarizes the details of the resignation:ParticularsDetailsReason for changeResignation due to relocation to Delhi on account of family reasons and in...

Shree Cement Ltd. to Hold Board Meeting on May 6, 2026 Shree Cement Limited announced that a meeting of the Board of Directors will be held on Wednesday, May 6, 2026. The primary agenda includes the approval of audited standalone and consolidated financial results for the quarter and year ending March 31, 2026. The Board will also consider recommending a final dividend for the financial year 2025-26.Trading window for securities of the company will be closed from April 1, 2026, and will remain closed until May 8, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's code of conduct for insider trading.Source:

Diffusion Engineers Limited Updates Investors Following Plant Visit Diffusion Engineers Limited announced on March 24, 2026, that company officials hosted Nirbhay Investment Opportunities Fund for a meeting and plant visit. The event took place on Tuesday, March 24, 2026. According to the company, no unpublished price sensitive information (UPSI) was shared during the visit.Diffusion Engineers Limited, headquartered in Nagpur, Maharashtra, provides innovative superconditioning solutions. The company operates branches in Ahmedabad, Chennai, Chittorgarh, Faridabad, Jamshedpur, Kolkata, Pune, Raipur, and Secunderabad. The company’s stock symbol on the Bombay Stock Exchange is 544264 and DIFFNKG on the National Stock Exchange.Source:

Persistent Systems Reaffirms Q3FY26 Performance in Investor Meeting Persistent Systems Ltd. engaged in a one-on-one virtual meeting with Ashmore Investment Management on Tuesday, March 24, 2026, at 2:00 pm (IST).During the session, Persistent Systems reiterated information previously shared during the earnings call for the quarter and nine months ended December 31, 2025. Further information was not disclosed.The investor presentation and factsheet from the Q3FY26 earnings call is available at the following weblink: Analyst Presentation and Factsheet Q3FY26.Source:

Dev Accelerator Limited Announces ₹35 Crore Fundraise to Expand Ahmedabad Workspace Footprint Ahmedabad, March 24, 2026: Dev Accelerator Limited (NSE: DEVX; BSE: 544513) announced today that its Board of Directors has approved a fundraise of up to ₹35 Crores through the preferential issuance of Convertible Warrants and Equity Shares to both Promoters and a Non-Promoter investor, subject to shareholder approval and applicable regulatory compliances.Promoters of the company are participating in the fundraise with a capital infusion of up to ₹15 Crores through Convertible warrants, while a Non-Promoter investor will subscribe to the balance up to ₹20 Crores through equity shares.The proceeds from the fundraise will be used for the...

HDFC Asset Management Company Ltd. Schedules Board Meeting to Review FY26 Financial Results HDFC Asset Management Company Ltd. announced that a board meeting is scheduled for April 16, 2026, to review the company’s financial performance. The board will consider and approve audited standalone and consolidated financial results for the quarter and year ending March 31, 2026.During the meeting, the board will also consider a recommendation for a dividend for the financial year ending March 31, 2026. The results, along with auditor reports, will be submitted following SEBI regulations.Trading in shares of the company will be closed for designated individuals and their immediate relatives from April 1, 2026, to April 18, 2026, inclusive...

Shreekant Somany Acquires Additional Shares in Somany Ceramics Ltd. Somany Ceramics Ltd. announced that Shreekant Somany, a promoter of the company, has acquired additional equity shares. The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.As of March 23, 2026, Somany acquired 4,500 shares, representing 0.01% of the company's total and diluted share capital. This acquisition increased Somany’s total holding to 1,27,945 shares, equivalent to 0.31% of the company's total and diluted share capital.Somany Ceramics Limited's total equity share capital stands at INR 8,20,25,612, divided into 4,10,12,806 equity shares of INR 2 each. The acquisition was made...

Padam Cotton Yarns Ltd. Sees Change in Substantial Shareholding Padam Cotton Yarns Ltd. announced a change in the substantial shareholding of RATHOD MANOJ CHHAGANLAL HUF on March 24, 2026, as reported to the Bombay Stock Exchange (BSE).According to the disclosure, RATHOD MANOJ CHHAGANLAL HUF acquired 351,037 shares, representing 1.53% of the total share/voting capital and 4.39% of the total diluted share/voting capital. The acquisition occurred through open market transactions on March 24, 2026.Prior to the acquisition, RATHOD MANOJ CHHAGANLAL HUF held 9,638,963 shares, representing 4.39% of the total share/voting capital. Following the acquisition, their holding decreased to 6,287,926 shares, reflecting 2.86% of the total...

Alka India Ltd. Enters Loan Agreement with Director Mumbai, March 24, 2026 – Alka India Ltd. announced today that it has entered into a loan agreement with Non-Executive Director Mr. Jatinbhai Ramanbhai Patel. The agreement, dated March 23, 2026, involves an unsecured loan of Rs. 100,00,00,000 (Rupees One Hundred Crores), which is convertible into equity shares at a later date.The loan was approved by the company’s board of directors on February 27, 2026, and subsequently ratified by shareholders in the Annual General Meeting held on March 23, 2026. The loan will be disbursed in tranches as mutually agreed through banking channels.Mr. Patel holds 2,50,000 shares, representing Rs. 2,50,000 (Rupees Two Lakhs Fifty Thousand Only) in...

Glen Industries Ltd. Promoter Group Acquires Shares Worth Rs. 9.23 Million Glen Industries Ltd. announced that Lalit Agrawal (HUF), a member of the Promoter Group, acquired 13,200 equity shares in the company on March 24, 2026. The acquisition totaled Rs. 9,22,884.00, with shares purchased at a price of Rs. 69.92 each.This transaction has increased the aggregate shareholding of the Promoter and Promoter Group from 73.32% to 73.37% of the company’s total paid-up equity share capital. The acquisition was conducted in compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, ensuring adherence to minimum public shareholding requirements. Source:

Somany Ceramics Ltd. Promoter Acquires Shares Somany Ceramics Ltd. announced that Shrivatsa Somany, a promoter of the company, has acquired shares in the open market on March 23, 2026.According to a regulatory filing, Somany acquired 4,000 shares, representing 0.01 percent of the company's total share/voting capital and 0.01 percent of the diluted share/voting capital.Prior to the acquisition, Somany held 1,22,027 shares, representing 0.30 percent of the company's total share/voting capital and 0.30 percent of the diluted share/voting capital.Following the acquisition, Somany now holds 1,26,027 shares, representing 0.31 percent of the company's total share/voting capital and 0.31 percent of the diluted share/voting capital...

Dhanashree Investments Acquires Shares in Seshasayee Paper and Boards Ltd Seshasayee Paper and Boards Ltd. announced that Dhanashree Investments Private Limited acquired 1,405 equity shares of the company on March 24, 2026, through open market purchases.According to a disclosure received by Seshasayee Paper and Boards Ltd., Dhanashree Investments, a promoter group entity, acquired the shares at a price of Rs. 250.44 per share. The acquisition was executed on the National Stock Exchange (NSE).Following the acquisition, Dhanashree Investments holds 3,014,695 shares, representing 4.7800% of the company’s total share/voting capital. Prior to the acquisition, Dhanashree Investments held 3,013,290 shares, equivalent to 4.7778% of the...

Abhishek Somany Acquires Additional Shares in Somany Ceramics Ltd. Abhishek Somany, a promoter of Somany Ceramics Limited, has disclosed an acquisition of shares in the company, according to a filing on March 24, 2026.Somany, residing at 32, Friends Colony (East), New Delhi, acquired 4,000 shares carrying voting rights, representing 0.01% of the total share/voting capital and 0.01% of the total diluted share/voting capital of Somany Ceramics Limited. The acquisition occurred on March 23, 2026, through an open market purchase.Prior to the acquisition, Somany held 27,342 shares, representing 0.07% of the total share/voting capital and 0.07% of the total diluted share/voting capital. Following the acquisition, his total holdings now...

Ester Industries Limited Cancels Proposed Share Transfer Ester Industries Limited announced the cancellation of a previously proposed inter-se transfer of shares among promoter and promoter group members. The decision, effective March 24, 2026, was made due to unforeseen circumstances.Previously, on March 18, 2026, a disclosure was made regarding the proposed transfer. The planned transfer involved Mr. Ayush Vardhan Singhania, a member of the promoter group, acquiring 124,858 equity shares carrying 0.13% voting rights via gift from Mr. Jai Vardhan Singhania, a fellow promoter group member. Fenton Investments Private Limited was also involved in a separate proposed acquisition of 84,000 equity shares carrying 0.08% voting rights from...

Ceigall India Limited Reports Cancellation of Infrastructure Tenders Ceigall India Limited (CIL) announced that Ceigall Infra Projects Private Limited (CIPPL), a wholly-owned subsidiary, has been informed of the cancellation of two tenders by the Punjab Infrastructure Development Board. The tenders, identified as 2026\_DOF\_158228\_2 and 2026\_DOF\_158211\_2, were for the construction and development of world-class urban streets in Ludhiana on a hybrid annuity model, Package 1 and Package 3, respectively.CIPPL had previously emerged as the L1 bidder for the projects with an aggregate bid cost of Rs. 207 Crores. The cancellations were attributed to administrative reasons and communicated to CIPPL via email on March 24, 2026.Here's a...

ZF Commercial Vehicle Control Systems India Ltd. Announces Resignation of Company Secretary ZF Commercial Vehicle Control Systems India Ltd. announced the resignation of Ms. Muthulakshmi M from her position as Company Secretary and Compliance Officer, effective March 24, 2026.The resignation follows discussions with management regarding the transition of her responsibilities. Ms. Muthulakshmi M initially submitted her resignation letter on December 16, 2025, and subsequently extended the effective date to March 24, 2026. She had held the position since November 3, 2021.According to a filing, Ms. Muthulakshmi M cited personal reasons for her departure and confirmed that there are no material reasons for her resignation...

Metro Brands Limited Announces Departure of Independent Director Metro Brands Limited announced that Srikanth Velamakanni has stepped down as an Independent Director, effective at the close of business hours on March 24, 2026, following the completion of his term.The change in the company’s board composition was confirmed in a filing.Details regarding the director’s departure are summarized below:ParticularsDetailsDirector Name and DesignationSrikanth Velamakanni - Independent DirectorReason for ChangeCompletion of term as Independent DirectorDate of CessationMarch 24, 2026Brief ProfileNot ApplicableDisclosure of RelationshipsNot applicableSource:

PG Electroplast Limited Board Approves Director Reappointments and Key Managerial Personnel PG Electroplast Limited announced on March 24, 2026, that its Board of Directors approved the draft of a postal ballot notice to be sent to shareholders. The notice seeks shareholder approval for the reappointment of Mr. Ram Dayal Modi as an Independent Director for a second consecutive term of five years, effective May 26, 2026, with continuation after attaining the age of 75. Additionally, the Board approved the reappointment of Mrs. Ruchika Bansal as an Independent Director for a second consecutive term of five years, effective August 14, 2026.The Board meeting commenced at 4:15 P.M. and concluded at 5:30 P.M.Key Managerial Personnel...