Markets

Akar Auto Industries Ltd. Closes Trading Window Ahead of Earnings Announcement Akar Auto Industries Ltd. has announced the closure of its trading window for designated individuals, effective April 1, 2026. The restriction, implemented in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, will remain in place until 48 hours following the release of the company’s audited financial results for the quarter and year ended March 31, 2026.The trading window closure affects all designated persons and their immediate relatives. A separate announcement regarding the upcoming board meeting is expected. Akar Auto Industries is listed on the Bombay Stock Exchange under BSE Code 530621 and Scrip ID AAIL.Source:

Lead Financial Services Ltd. Responds to Share Price Movement Lead Financial Services Limited addressed concerns regarding recent fluctuations in its share price, responding to a communication from the Bombay Stock Exchange (BSE) dated March 5, 2026. The company stated that it has fulfilled all required disclosures as per the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015, and that it is unaware of any undisclosed information or events influencing the price.The company attributes the share price movement to prevailing market conditions and characterizes it as market-driven. Lead Financial Services Limited confirmed it has no control over market fluctuations and is not...

Adani Power to Participate in Morgan Stanley India Seminar Adani Power Ltd. announced it will participate in the Morgan Stanley India Industrials & Energy Seminar (Equity Conference) on Tuesday, March 24, 2026.The group meeting will be held virtually from 2:00 p.m. to 3:00 p.m. local time.EventModeType of MeetingDateTimeMorgan Stanley India Industrials & Energy Seminar (Equity Conference)Virtual MeetingGroup MeetingTuesday, March 24, 20262:00 p.m. to 3:00 p.m. (local time)Source:

Raghuvansh Agrofarms Ltd. Announces Trading Window Closure Raghuvansh Agrofarms Ltd. announced it will close its trading window from April 1, 2026, until 48 hours after the release of the company’s audited financial results for the fiscal year ending March 31, 2026.This action is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code of Conduct for Designated Persons. During this period, Designated Persons and their immediate relatives are prohibited from trading in the company's securities.The date for the board meeting to consider and approve the financial results will be announced separately. Raghuvansh Agrofarms Ltd.’s scrip code is 538921 on the BSE Limited.Source:

Ambika Cotton Mills Ltd. Announces Trading Window Closure Ambika Cotton Mills Ltd. has announced a closure of its trading window for directors and designated officers, effective April 1, 2026. This measure is being implemented in connection with the consideration of audited financial results for the quarter and twelve months ended March 31, 2026, in accordance with the company's code of conduct and SEBI’s insider trading regulations.The trading window will remain closed for 48 hours following the public announcement of the audited financial results.Ambika Cotton Mills is listed on the Bombay Stock Exchange (BSE) under Scrip Code: 531978 and on the National Stock Exchange (NSE) under the symbol AMBIKCO.Source:

Kreon Financial Services Ltd. Appoints Riddhi Lunkad as Chief Strategy Officer Kreon Financial Services Ltd. announced on March 21, 2026, that shareholders have approved the appointment of Mrs. Riddhi Lunkad as the Chief Strategy Officer. The resolution was passed via a postal ballot conducted remotely, adhering to the Companies Act, 2013, and applicable regulations.The appointment was confirmed by shareholders through a Postal Ballot process that concluded on Friday, March 20, 2026. A Scrutinizer’s Report, dated March 20, 2026, verified the resolution’s passage with the required majority.S. NoParticularsNature of Resolution1Appointment of Mrs. Riddhi Lunkad as the Chief Strategy Officer of the CompanyOrdinary ResolutionSource:

Kreon Financial Services Ltd. Appoints Riddhi Lunkad as Chief Strategy Officer Following Postal Ballot Kreon Financial Services Ltd. announced on March 21, 2026, that Mrs. Riddhi Lunkad has been appointed as the Chief Strategy Officer. The appointment followed a postal ballot e-voting process conducted between February 19, 2026, and March 20, 2026.The company dispatched the postal ballot notice via email to 1,898 shareholders on February 16, 2026, and issued advertisements in Makkal kural and Trinity Mirror newspapers on February 17, 2026.A total of 37 shareholders participated in the e-voting process, representing 13,929,265 shares. The results, scrutinized by Lakshmmi Subramanian & Associates, indicated that all valid votes were...

Mphasis Ltd. Announces Trading Window Closure Mphasis Limited has announced the closure of its trading window for designated persons, effective Monday, March 23, 2026. This action is in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's internal 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 approve these financial results will be communicated separately.Source:

Sandu Pharmaceuticals Announces Trading Window Closure Sandu Pharmaceuticals Ltd. announced the closure of its trading window for Directors, Key Managerial Personnel (KMPs), Promoters, Promoter Group, and Designated Persons, as well as their immediate relatives. The closure, in accordance with the company’s Code of Conduct for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, began on Wednesday, April 1, 2026.The trading window will remain closed for 48 hours following the announcement of the company’s financial results for the quarter and year ended March 31, 2026. The date for the Board Meeting to consider these financial results will be communicated at a later date.During the closure...

Euro Panel Products Limited Announces Subsidiary Incorporation Euro Panel Products Limited announced the incorporation of a new subsidiary company in India, following a board meeting held on Saturday, March 21, 2026. The meeting of the Board of Directors commenced at 10:30 a.m. and concluded at 11:00 a.m.The company intends to invest in the share capital of the subsidiary and maintain a majority stake. The name of the subsidiary is pending approval from the Registrar of Companies under the Ministry of Corporate Affairs.The factory is located at City Survey No NA 124/4/1 & City Survey No NA 780 /2, Manekpur, Khattalwada Road, Sanjan, Umbergaon, Valsad - Gujarat - 396 120. Rajesh Nanalal Shah, Managing Director (DIN: 02038392)...

Godawari Power and Ispat Ltd Allots Shares Through Employee Stock Option Plan Godawari Power and Ispat Limited announced the allotment of 1,97,002 equity shares following the exercise of vested options under the Godawari Power and Ispat Limited - Employee Stock Option Plan 2023 ("GPIL ESOP 2023"). The allotment was approved by the Nomination and Remuneration Committee through a circular resolution passed on March 21, 2026.Share Allotment Details:The following table details the share allotments:GrantNo. of Shares Allotted EarlierNo. of Shares Allotted TodayCumulative No. of Shares Allotted1st Grant7,82,8501,72,4809,55,3302nd Grant37,61824,52262,140Total8,20,4681,97,00210,17,470The newly allotted shares rank pari...

Sam Industries Limited Announces Trading Window Closure Sam Industries Limited announced a trading window closure for its shareholders, effective Wednesday, April 1, 2026. This action aligns with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s internal code of conduct.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 ended March 31, 2026.During this period, directors, designated employees, connected persons, and their immediate relatives are restricted from trading in the company’s shares and securities.The date for the board meeting to consider the audited financial results for the...

Virtuoso Optoelectronics Ltd. Announces Trading Window Closure Virtuoso Optoelectronics Limited has announced the closure of its trading window for designated persons and their immediate relatives. The restriction, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, will be effective from Wednesday, April 1, 2026.The trading window will remain closed until 48 hours after the announcement of the company’s audited financial results for the half year and year ended March 31, 2026.The date for the board meeting to consider the unaudited financial results for the same period will be announced subsequently. Virtuoso Optoelectronics Limited is headquartered in Nasik, India. The company's scrip code on the BSE...

Jubilant Foodworks Announces Departure of Executive Vice President Jubilant Foodworks Limited announced the resignation of Mr. Gaurav Pande, Executive Vice President and Head, Corporate Strategy, and Senior Managerial Personnel, effective March 31, 2026. Mr. Pande’s resignation, submitted via email on March 19, 2026, is to pursue an external opportunity.A summary of the changes is detailed below:DetailInformationReason for DepartureResignation to take up an external opportunityDate of ResignationMarch 19, 2026Last Working DayMarch 31, 2026Mr. Pande expressed gratitude for the support received during his tenure with the company and conveyed his best wishes for Jubilant Foodworks’ future success.Source:

Sun Pharma Launches Semaglutide Injections in India Under Noveltreat and Sematrinity Brands Mumbai, India, March 21, 2026 – Sun Pharmaceutical Industries Limited today announced the launch of its semaglutide injection under the brand names Noveltreat and Sematrinity in India, available in all strengths. Noveltreat is indicated for chronic weight management in adults as an adjunct to a reduced-calorie diet & increased physical activity and is available in five dose strengths - 0.25 mg/0.5 mL, 0.5 mg/0.5 mL, 1 mg/0.5 mL, 1.7 mg/0.75 mL, and 2.4 mg/0.75 mL. Sematrinity is indicated for treatment of adults with insufficiently controlled type 2 diabetes mellitus as an adjunct to diet & exercise and is available in two dose strengths - 2...

Hind Rectifiers Limited Sets Record Date for Bonus Equity Share Allotment Hind Rectifiers Limited announced March 20, 2026, as the record date for the allotment of bonus equity shares. The decision follows a board recommendation from February 11, 2026, to issue one new equity share worth Rs. 10 for every existing equity share valued at Rs. 2. Shareholders approved the bonus share issue via postal ballot.The deemed date of allotment for the 1,71,83,807 new equity shares is March 30, 2026, with trading of the bonus shares expected to begin on March 31, 2026.Anil Kumar Nemani, Chief Financial Officer, confirmed the details on behalf of Hind Rectifiers Limited.Source:

Waaree Energies Limited Announces Leadership Changes Waaree Energies Limited announced several leadership changes following a board meeting held on March 20, 2026.Amit Ashok Paithankar has stepped down from his position as Whole-Time Director and Chief Executive Officer, effective March 20, 2026, which is prior to the previously announced date of May 15, 2026. Mr. Jignesh Devchandbhai Rathod, currently CEO-Designate, has been appointed as Whole-Time Director and Chief Executive Officer, effective March 21, 2026, pending shareholder approval. Mr. Rathod holds a bachelor's degree in engineering, a master's degree in business administration, and a doctorate in business administration. He has been associated with the company since...

Havells India Receives Customs Order, Plans Appeal Havells India Limited announced it has received an order from the Commissioner of Customs, ICD TKD - Import, New Delhi, dated March 13, 2026. The order, received on March 20, 2026, pertains to the period from May 2020 to July 2023.The order raises a demand of Rs. 20,236,992, comprising Rs. 10,118,496 in Customs Duty and Rs. 10,118,496 in penalties. The demand stems from a dispute regarding the classification of certain imported goods.According to Havells India, in consultation with its tax advisors, the company believes the demand is not legally sustainable and intends to file an appeal under the applicable provisions of the Customs Act. The company stated that the order is not...

Citizen Infoline Ltd. Receives NCLT Approval for Amalgamation of Citizen Solar Private Limited Citizen Infoline Ltd. (BSE: 538786) announced that the National Company Law Tribunal (NCLT), Ahmedabad Bench (Court-II), has approved and sanctioned the Scheme of Amalgamation of Citizen Solar Private Limited (Transferor Company) with Citizen Infoline Limited (Transferee Company) under Sections 230 to 232 of the Companies Act, 2013.The NCLT order was delivered on March 19, 2026. The appointed date for the amalgamation is April 1, 2023, while the effective date will be the date of filing a certified copy of the order with the Registrar of Companies (RoC).Key details of the Scheme include:Transfer of all assets, liabilities, rights, and...

Dr. Reddy's Laboratories Launches India's First DCGI-Approved Semaglutide Injection 'Obeda ®' for Type 2 Diabetes Dr. Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY) announced the launch of its injectable semaglutide under the brand name Obeda®, marking an entry into the GLP-1 receptor agonists therapy space in India. The company received Drugs Controller General of India (DCGI) approval for generic semaglutide.The announcement underscores Dr. Reddy's readiness to serve unmet patient needs in India, addressing the country's significant diabetes burden, where over 101 million adults live with the condition.In a Phase-III clinical study, Dr. Reddy's Obeda ® demonstrated non-inferior efficacy and...