Markets

Euro Pratik Sales Ltd. Acquires 51% Stake in Chawla Brothers for ₹ 33.20 Cr Mumbai, March 23, 2026: Euro Pratik Sales Limited has announced the acquisition of a 51% stake in Chawla Brothers, a decorative surfaces business in North India. The acquisition is valued at ₹ 33.2 crore, including a capital infusion of ₹ 4.1 crore. The transaction is expected to be completed by March 31, 2026, and will be funded through internal accruals. The business is projected to generate revenue of ₹ 80 crore in FY27.This acquisition marks Euro Pratik’s second strategic acquisition in the last four months, following the acquisition of URO Veneer World.Chawla Brothers, founded in 1978, operates across Punjab, Haryana, Jammu & Kashmir, and Himachal...

Euro Pratik Sales Limited Acquires 51% Stake in Chawla Brothers Euro Pratik Sales Limited announced that its Board of Directors approved the acquisition of a 51% stake in Chawla Brothers, a partnership firm located in Jalandhar and Ludhiana, for a total investment of Rs. 32.20 crore.The Board of Directors also declared an interim dividend of Re. 0.20 per Equity Share, representing 20% of the paid-up share capital, for the financial year 2025-26. Friday, March 27, 2026, has been set as the record date for determining eligible shareholders for the dividend, with credit and dispatch scheduled between March 28, 2026, and April 20, 2026.The acquisition is scheduled to be completed by March 31, 2026, and will be funded entirely through...

Kokuyo Camlin Limited Receives Income Tax Assessment Order Kokuyo Camlin Limited announced today, March 23, 2026, that it has received an order from the Office of the DS Income Tax, assessment unit, Income Tax Department, National faceless unit, India. The order, dated March 20, 2026, pertains to a demand for income tax, interest, and penalty for Assessment Year 2018-19.The order was issued under sections 147 and 143(3) read with section 144B of the Income Tax Act, 1961, and includes charges for interest under sections 234A, 234B, 234C, and 234D of the Act. The Income Tax Department alleges discrepancies in balances of certain trade creditors, treating them as unexplained liabilities and making additions to income. The order also...

Metropolis Healthcare Ltd. Allots Bonus Equity Shares Metropolis Healthcare Ltd. announced today, March 23, 2026, the allotment of 15,54,95,826 equity shares as a bonus. The allotment ratio is 3:1, meaning for every one existing share, three new shares have been issued. The face value of each share is INR 2.The record date for determining eligible shareholders was March 20, 2026.Following this bonus share issuance, the company’s paid-up share capital has increased to INR 41,46,55,536, comprising 20,73,27,768 equity shares with a face value of INR 2 each.Source:

Adani Green Energy Operationalizes 510.1 MW Power Projects in Gujarat Adani Green Energy Limited (AGEL) has operationalized 510.1 MW of power projects located in Khavda, Gujarat, through its stepdown subsidiaries. The projects, detailed in Annexure A, commenced power generation on March 22, 2026, following clearance approvals.With this development, AGEL’s total operational renewable generation capacity now stands at 17,982.3 MW. The decision to operationalize the plants was made on March 22, 2026, at 10:58 p.m.Project DetailsThe following table outlines the projects and their respective capacities:Name of SPVsType of ProjectCapacity (MW)Adani Green Energy Twenty Six B LimitedSolar125Adani Green Energy Twenty Six B...

Jharkhand Bijli Vitran Nigam Ltd. Acquires Tayo Rolls Ltd. Under IBC Jharkhand Bijli Vitran Nigam Ltd. (JBVNL) has acquired Tayo Rolls Ltd. under the Insolvency and Bankruptcy Code (IBC) following an order dated December 17, 2024, passed by the National Company Law Tribunal (NCLT), Kolkata.The acquisition occurred after a Resolution Plan submitted by JBVNL was approved. However, implementation of the Resolution Plan is currently stayed by the National Company Law Appellate Tribunal (NCLAT), New Delhi.According to Harpreet Kaur Bhamra, Company Secretary and Compliance Officer of the erstwhile Tayo Rolls Limited, statutory compliance obligations have shifted to the Successful Resolution Applicant (SRA) and the Resolution Professional...

Accedere Ltd. Introduces AI-Powered Consent Management for DPDP Compliance Mumbai – March 22, 2026 – Accedere Ltd., a company listed on the BSE, has launched integrated consent management capabilities within its Controllo.ai AI-powered Cyber GRC platform to support organizations navigating India's Digital Personal Data Protection Act (DPDP).Controllo.ai’s new functionality enables organizations to manage the complete consent lifecycle, including capture, storage, withdrawal, and audit tracking, within a centralized framework. The solution aims to align privacy requirements with broader risk and regulatory management processes.Under the DPDP framework, consent must be freely given, specific, informed, and unambiguous, presented in...

Brandman Retail Limited Announces Resignation of Chief Financial Officer Brandman Retail Limited announced on March 22, 2026, that Saket Prakash has resigned from his position as Chief Financial Officer (CFO) and Key Managerial Personnel, effective March 16, 2026. Prakash cited pre-occupation and personal reasons for his departure.According to a filing, Prakash’s resignation was tendered on March 16, 2026.The company provided the following details regarding the change:DetailsInformationReason for ChangeResignation due to pre-occupation and personal reasonsDate of CessationMarch 16, 2026Profile (if applicable)Not ApplicableDisclosure of RelationshipsNot ApplicableIn his resignation letter, Prakash expressed...

JTEKT India Limited Receives Assessment Order for FY 2022-23 JTEKT India Limited announced it has received an Assessment Order from the Office of Income Tax Authority related to the financial year 2022-23. The order pertains to the company’s subsidiary, JTEKT Fuji Kiko Automotive India Limited (JFIN).According to the Income Tax Authority, the Deputy Commissioner of Income Tax, Circle -13(1), New Delhi, JFIN has been merged with its holding company, JTEKT India Limited, effective April 1, 2022, based on an order from the National Company Law Tribunal dated December 12, 2023. The tax department confirmed that during the assessment proceedings of JTEKT India Limited for FY 2022-23, the income of JFIN was already included.The Assessment...

P N Gadgil Jewellers Opens Two New Stores, Reaching 75 Locations P N Gadgil Jewellers Limited announced the opening of two new retail locations on March 22, 2026. A store was inaugurated at The Nextation Building, 'E' Ward, Shahupuri, Kolhapur, Maharashtra, at approximately 6:50 P.M. The second store, operating under a Franchise Owned, Company Operated (FOCO) model, opened at Vallabh Vihar, Mahatma Gandhi Road, Rajawadi Colony, Ghatkopar East, Mumbai, Maharashtra, at approximately 7:05 P.M.With these additions, P N Gadgil Jewellers now operates a total of 75 stores.Source:

Pajson Agro India Ltd. Schedules Investor Meetings Pajson Agro India Ltd. announced plans for a group investor call scheduled for Friday, March 27, 2026. The meeting will be held virtually at 4:00 p.m. IST.According to a company statement, discussions will be limited to publicly available information, and no unpublished price-sensitive information will be disclosed during the meeting.DateParticularsTimeTypeFriday, March 27,2026Group Investor Call04:00 p.m.(IST)Virtual MeetingRoopal Saxena, Compliance Officer & Company Secretary, made the announcement. The company’s stock symbol is 544657 on the BSE Limited.Source:

Fino Payments Bank Schedules Analyst Meeting Fino Payments Bank Limited announced it will be meeting with investors and analysts on Monday, March 23, 2026. The meeting will be held in person at BKC, Mumbai.The meeting with Perpetuity Ventures LLP is scheduled from 3:00 PM to 4:00 PM (IST).According to the company, only publicly available information will be shared during the interaction.Entity NamePerpetuity Ventures LLPMeeting TypeOne to OneModeIn PersonTimings03:00 PM to 04:00 PM (IST)VenueBKC, MumbaiSource:

National Highways Infra Trust Clarifies Unitholding Pattern Following Typographical Error National Highways Infra Trust (NHIT) has issued a clarification regarding the unitholding pattern before and after a preferential allotment of units. The clarification follows an inadvertent typographical error in a table initially presented in documents related to the 6th Extra-Ordinary Meeting, which occurred on March 12, 2026, and initially noticed on February 17, 2026, with an addendum published on March 3, 2026. All other details remain accurate.The correction pertains to Scenario 1, which assumes the Sponsor subscribes to 20% of the total issue size, with the remaining units allocated to other unitholders. The corrected table detailing the...

Heritage Foods Limited Announces Departure of Director Heritage Foods Limited announced that Rajesh Thakur Ahuja has ceased to hold the position of Non-Executive Independent Director, effective March 22, 2026, due to the completion of his term.Mr. Ahuja also stepped down from his roles as Chairperson and Member of several board committees, including the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Risk Management Committee, and Corporate Social Responsibility Committee.A summary of Mr. Ahuja’s committee involvement is presented below:Name of CommitteeChairpersonMemberAudit Committee-YesNomination and Remuneration Committee-YesStakeholders Relationship Committee-YesRisk...

Solvex Edibles Ltd. Announces Closure of Trading Window Solvex Edibles Ltd. has informed the Bombay Stock Exchange (BSE) of a trading window closure for designated individuals and their immediate relatives. The closure, in accordance with the company’s code of conduct and SEBI regulations, commenced on Wednesday, April 1, 2026, and will remain in effect until 48 hours after the announcement of the company’s audited standalone and consolidated financial results for the half-year and financial year ending March 31, 2026.This restriction prohibits trading in the company’s equity shares by employees, directors, key managerial personnel, and designated persons and their immediate relatives during the closed period.The date for the board...

Fino Payments Bank Schedules Analyst Meeting Fino Payments Bank Limited announced a meeting with investors on Monday, March 23, 2026. Representatives of the bank will meet with Infinity Alternatives Investment Managers Private Limited in a one-on-one session.The meeting is scheduled to take place in person at BKC, Mumbai, from 1:00 PM to 2:30 PM (IST). Discussions will be limited to information already available to the public, and no unpublished price-sensitive information will be disclosed.The details of the meeting are also available on the bank’s website at www.fino.bank.in.Source:

SUGS Lloyd Ltd. Secures ₹639 Crore Order from Konkan Railway Noida, March 22, 2026: SUGS Lloyd Limited (BSE - SME: 544501), a leading EPC company specializing in Power T&D, solar, and smart grid solutions, announced today it has secured a major order worth ₹639.24 crore (including GST) from Konkan Railway Corporation Limited.The project, which will be executed over 24 months, involves the supply, installation, testing, and commissioning of Plant Contract along with SCADA-DMS systems. According to the company, this order significantly enhances its order book and provides strong multi-year revenue visibility.“This is a landmark order for SUGS Lloyd and a strong validation of our execution capabilities in large-scale EPC and smart grid...

DMR Engineering Ltd. Receives Work Order for Hydroelectric Project DMR Engineering Ltd. has received a work order from Him Urja Private Limited for the preparation of a Detailed Project Report (DPR) and providing Design and Engineering Consultancy Services for the Sainachatti Kuthnaur Hydroelectric Project (24 MW) in Uttarakhand, India.The contract will be executed over a period of 24 months with a total consideration of Rs. 1,25,00,000, excluding applicable GST. The scope of work also includes optional services related to Hydro-Mechanical and Electro-Mechanical works, valued at Rs. 40,00,000.The contract does not involve any related party transactions, and no promoter, promoter group, or group companies have an interest in Him Urja...

DMR Engineering Ltd. Receives Work Order for Hydroelectric Project DMR Engineering Ltd. announced it has received a work order from Him Urja Private Limited for the preparation of a Detailed Project Report (DPR) and Design and Engineering Consultancy Services related to the Ralam Simpu Udiyar Hydroelectric Project (24 MW) in Uttarakhand, India.The contract will be executed over a period of 24 months, with a total consideration of Rs. 1,25,00,000, excluding applicable Goods and Services Tax (GST). The scope of the work order also includes optional services for Hydro-Mechanical and Electro-Mechanical works, valued at an additional Rs. 40,00,000.The project falls under domestic engineering consultancy services, and no related parties...

Urban Enviro Waste Management Limited Revises Preferential Issue of Warrants Urban Enviro Waste Management Limited announced a revision to its preferential issue of fully convertible warrants, approved by the Management Committee on March 22, 2026. The revision follows a preliminary approval by the Board of Directors on March 11, 2026.The revised issue size is now up to ₹48,00,00,000 (Rupees Forty-Eight Crores Only), a decrease from the previously approved up to ₹50,00,00,000 (Rupees Fifty Crore Only). Warrants will be issued at an issue price of ₹150 (Rupees One Hundred Fifty Only) per warrant, including a premium of ₹140, and are convertible into fully paid-up equity shares with a face value of ₹10 each.The Management Committee...