Markets

RIR Power Electronics Develops 25 kV High-Voltage Thyristor Switch Mumbai, March 24, 2026 (BSE: 517035) – RIR Power Electronics Limited has announced the successful development of a 25 kilovolt (kV) - 120 kiloampere (kA) Capacitor discharge vertically integrated semiconductor switch, marking a significant advancement in India's high-power electronics capabilities.The innovation supports the government's Make in India initiative by introducing India's first indigenously developed 25 kV high-voltage thyristor switch for advanced pulse power applications. The switch incorporates a 125 mm silicon-controlled rectifier (SCR) capable of blocking voltages up to 8 kV, developed in India for the first time.The product was tested and qualified...

TVS Holdings Limited Allots Debentures Through NSE EBP Platform TVS Holdings Limited announced today, March 24, 2026, the allotment of 65,000 Senior, Rated, Unsecured, Listed, Redeemable, Non-Convertible Debentures (NCDs) following a successful bidding process on the NSE Electronic Bidding Platform (NSE EBP). The identified investors subscribed for a total amount of Rs. 650,00,00,000 (Rupees Six Hundred and Fifty Crores).The NCDs have a face value of INR 1,00,000 each. The allotment was approved via circular resolution by the Asset Liability Management Committee of Directors.Key details of the NCDs are outlined below:ParticularsDetailsType of SecuritiesSenior, Rated, Unsecured, Listed, Redeemable, Non-Convertible Debentures...

Trishakti Industries Deploys ₹190 Crore in FY26, Exceeding Guidance by 90% Kolkata, March 24, 2026 – Trishakti Industries announced that it deployed ₹190 crore in capital expenditure during fiscal year 2026, significantly surpassing its guided target of ₹100 crore. This represents a 90% increase over the initial guidance and brings the company’s cumulative fleet investment to approximately ₹240 crore. The company’s fleet size now stands at 138 machines, all operating at 100% utilization across more than 20 live projects.The accelerated capital expenditure was driven by strong project visibility, a favorable macroeconomic environment for infrastructure and renewable energy, and the company’s ability to swiftly deploy high-capacity...

Tega Industries Sees Inter-se Transfer of Shares Within Promoter Group Tega Industries Limited announced that MM Business Trust, a member of the Promoter Group, has acquired 72,78,925 equity shares, representing 9.69% of the total paid-up capital, from Mr. Manish Mohanka, a Promoter of the company. The acquisition occurred through an off-market transfer, structured as a gift, on March 23, 2026.The transaction was made in accordance with an exemption order from the Securities and Exchange Board of India (SEBI) dated January 27, 2026. The aggregate holding of the Promoter and Promoter group remains unchanged, and there is no change in control or management of Tega Industries Limited.As of March 23, 2026, the equity share capital of...

Magson Retail And Distribution Limited Receives Pre-Clearance Application for Equity Share Sale Magson Retail And Distribution Limited announced on March 24, 2026, that it received a pre-clearance application from Mr. Maheshbhai Naranbhai Patel, a member of the Promoter Group, for the sale of equity shares in the company. The application was approved by the company.Mr. Patel intends to sell 20,000 equity shares, currently held in physical form under folio number IN30051390105651. This sale would reduce his holdings from 283,850 to 263,850 equity shares. The proposed transaction will be executed through the National Stock Exchange of India Limited, with a price of INR 135 per share, which was the closing price on March 23, 2026. The...

Asahi India Glass Limited Sells Stake in Under Par Sports Technologies Asahi India Glass Limited announced that its subsidiary, AIS Consumer Glass Solutions Limited ('CG'), has entered into an agreement to sell its entire 34% stake in Under Par Sports Technologies Private Limited ('Target Company'). The transaction, finalized on March 24, 2026, will see CG divest its stake to Mr. Anitya Chand and Mr. Karanpreet Bindra for a consideration of 9.05 Lakhs.Upon completion of the sale, the Target Company will cease to be an associate of CG and an indirect associate of Asahi India Glass Limited. The sale involves 170,000 equity shares with a face value of 210 each. The consideration is expected to be received in one or more tranches...

Future Consumer Limited Provides Update on NCLT Hearing Regarding SBI Case Future Consumer Limited announced on March 24, 2026, an update concerning the National Company Law Tribunal (NCLT) hearing initiated by State Bank of India (SBI). This follows a previous disclosure dated February 16, 2026, regarding the case filed at NCLT (Mumbai) by SBI against the company.During the hearing, counsel representing Future Consumer Limited informed the NCLT bench that SBI revised its claim and interest component in response to objections regarding the computation of the claim. SBI is amending Form-1 of its petition to reflect this revision.The NCLT granted SBI two weeks to file an amended Form-1 via affidavit and subsequently provided one week...

Max Financial Services Limited Receives Approval to Relocate Registered Office Max Financial Services Limited announced on March 24, 2026, that it has received an order from the Regional Director (RD), Northern Region, Chandigarh, Ministry of Corporate Affairs, approving the relocation of its registered office. The order, dated February 17, 2026, follows a special resolution passed by the company's members during its 37th Annual General Meeting on September 18, 2025.The approved relocation involves shifting the registered office from the State of Punjab to the State of Haryana. The move complies with the provisions of the Companies Act, 2013.Max Financial Services Limited is currently finalizing the necessary e-form filings with the...

Emcure Pharmaceuticals Announces Re-appointment of Independent Directors Emcure Pharmaceuticals Limited announced the re-appointment of three Independent Directors following a postal ballot concluded on March 20, 2026. The results of the postal ballot were announced on March 24, 2026, based on a report from the Scrutinizer dated March 23, 2026.Mr. Vijay Keshav Gokhale (DIN: 09134089) has been re-appointed for a second term of 5 years, effective April 16, 2026. Dr. Vidya Rajiv Yeravdekar (DIN: 02183179) will serve another 3-year term, also beginning April 16, 2026. Dr. Shailesh Kripalu Ayyangar (DIN: 00268076) has been re-appointed for a second term of 5 years, effective June 02, 2026.The newly appointed directors are not debarred...

Diana Tea Company Ltd. Announces Trading Window Closure Diana Tea Company Ltd. has announced the closure of its trading window, effective April 1, 2026. This action aligns with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s code of conduct for designated individuals and their immediate relatives.The trading window will remain closed until 48 hours after the declaration of the company’s audited financial results for the quarter and financial year ended March 31, 2026. The date of the board meeting to consider and approve these financial results will be communicated separately. Diana Tea Company Ltd. is identified by Stock Code 530959.Source:

India Shelter Finance Corporation Ltd. Announces Trading Window Closure India Shelter Finance Corporation Limited has announced the closure of its trading window for designated individuals, effective Wednesday, April 1, 2026. This action is in accordance with the Securities and Exchange Board of India (SEBI) regulations regarding insider trading and the company's own code of conduct for insiders.The trading window will remain closed until 48 hours after the audited financial results for the quarter and year ended March 31, 2026, are released to the stock exchanges. The company will announce the date of the board meeting to approve these financial results at a later time. The ISINs for the company are INE922K01024, INE922K07104, and...

Surat Trade and Mercantile Limited Reviews Board and Director Performance Surat Trade and Mercantile Limited, formerly known as Surat Textile Mills Limited, convened a meeting of its Independent Directors on March 24, 2026. The meeting, conducted via video conference, addressed several key areas concerning board governance and performance.The agenda included a review of the performance of both Non-Independent Directors and the Board as a whole. Additionally, the Independent Directors assessed the performance of the Chairperson, considering input from both executive and independent directors.A further evaluation focused on the adequacy and timeliness of information flow between the company’s management and the Board, ensuring the...

Sawaca Enterprises Ltd. Closes Trading Window Ahead of Financial Results Announcement Sawaca Enterprises Ltd. has announced the closure of its trading window for directors, officers, and designated employees, effective immediately from April 1, 2026. This measure is in accordance with the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015, and the company’s own code of conduct.The trading window will remain closed until 48 hours after the financial results for the quarter and year ended March 31, 2026, are declared. The date for the board meeting to consider and announce the financial results will be communicated at a later time.BSE Scrip Code: 531893.Source:

M&B Engineering Ltd. Announces Trading Window Closure M&B Engineering Ltd. has announced the closure of its trading window for equity shares, effective April 1, 2026. This action is in accordance with the company's Code of Conduct for Prevention of Insider Trading and regulations stipulated by the Securities and Exchange Board of India (SEBI).The trading window will remain closed until 48 hours after the public announcement of the company's audited financial results for the quarter and year ending March 31, 2026. This measure is designed to prevent insider trading and ensure fair market practices.Source:

Afloat Enterprises Limited Announces Trading Window Closure Afloat Enterprises Limited, formerly known as Adishakti Loha and Ispat Limited, announced the closure of its trading window for designated individuals. The closure, in accordance with the company’s Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015, will be effective from April 1, 2026.The trading window will remain closed for Directors, Promoters, Designated Employees, and Insiders/Connected persons until 48 hours after the declaration of the company’s Audited Standalone Financial Results for the half-year and year ended March 31, 2026.The company's registered office is located at Plot 3, SHOP 325, DDA C.CNTR, Aggarwal Plaza, Sec-14, Rohini New...

Purple Finance Ltd. Board Addresses Fine for Non-Compliance with SEBI Regulations Purple Finance Limited (PFL) informed the BSE Limited that its Board of Directors addressed a fine levied due to non-compliance with Regulation 60(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The matter was brought before the Board at a meeting held on March 24, 2026, following a communication received from the BSE Limited on February 27, 2026.According to company records, the Intimation of Record Date pertaining to the payment of Interest on Debentures for January 2026 was submitted on January 22, 2026. The Board acknowledged the delay as unintentional and directed management to ensure timely compliance in the...

Godawari Power and Ispat Limited Updates Stake Disposal in Ardent Steel Private Limited Godawari Power and Ispat Limited (GPIL) announced the transfer of 200,000 equity shares in Ardent Steel Private Limited (ASPL) on March 24, 2026. The transaction involved a consideration of Rs 6.60 Crores, representing a 2.52% stake in ASPL.This transfer follows previous announcements regarding the disposal of GPIL’s entire 37.85% stake in ASPL for a total consideration of Rs 90.87 Crores. The sale is contingent on fulfilling all necessary statutory and contractual requirements.As a result of this second tranche of share transfer, ASPL ceased to be an associate company of GPIL, effective March 24, 2026. GPIL's stake in ASPL has been diluted from...

NOCIL Ltd. Responds to Trading Volume Increase NOCIL Ltd. clarified on March 24, 2026, regarding a significant increase in trading volume. The response was directed to the Bombay Stock Exchange (Scrip Code: 500730) and the National Stock Exchange of India (Symbol: NOCIL).The company stated it is in compliance with Securities and Exchange Board of India (SEBI) (LODR) Regulations and consistently informs stock exchanges about events impacting its operations or performance.NOCIL Ltd. confirmed there is no undisclosed price-sensitive information or pending corporate action requiring immediate disclosure. The company assured continued compliance with SEBI (LODR) Regulations 2015 to promptly inform exchanges of material events.Amit K...

Godawari Power and Ispat Ltd. Announces Plans for 1.00 MTPA Integrated Steel Plant Godawari Power and Ispat Limited announced on March 24, 2026, the board's approval to establish a new integrated steel plant with an annual production capacity of 1.00 million tons. The plant will manufacture heavy and medium section structural steel and wire rods, aimed at capitalizing on the increasing demand for structural steel in India.The proposed facility will be located in Sarora, Tilda Tehsil, Raipur District, Chhattisgarh, approximately 50 kilometers from Raipur. The total project cost is estimated at Rs. 7000 Crores, with funding planned through a debt-to-equity ratio of 1:1 utilizing internal accruals. The project is expected to be completed...

Chembond Material Technologies Announces Trading Window Closure Chembond Material Technologies Ltd. has announced the closure of its trading window for designated individuals. The closure, which began on April 1, 2026, will remain in effect until 48 hours after the announcement of the company's standalone and consolidated financial results for the quarter and year ended March 31, 2026.This action is in accordance with the company’s internal code of conduct and the SEBI (Prohibition of Insider Trading) Regulations, 2015. Directors, designated persons, connected persons, and their immediate relatives are prohibited from trading in the company’s securities during this period.The date for the board meeting to announce the financial...