Markets

J.K. Cement Subsidiary Resolves Legal Metrology Matter, Pays Compounding Fee J.K. Cement Limited announced on March 19, 2026, that its subsidiary, J. K. Cement Saifco Private Limited (Saifco), has resolved a matter with the office of Deputy Controller Legal Metrology Department in the Union Territory of Jammu and Kashmir. Saifco had previously received a notice on March 9, 2026, from the Department.The Department has passed an order compounding the offense upon payment of a fee of Rs. 1,00,000. The company received information regarding this order on March 18, 2026.According to a statement from J.K. Cement, the resolution has no material financial impact on the company's operations.Details of the OrderSr...

M&B Engineering Ltd. Shareholders Approve Key Resolutions Through Postal Ballot M&B Engineering Ltd. announced today, March 19, 2026, that resolutions ratifying the M&B Engineering Limited Employee Stock Option Plan 2024 and granting employee stock options to group company employees have been duly passed through a postal ballot and e-voting process.According to the results, 4,41,62,578 shareholders, representing 97.08% of the votes cast, approved the ratification of the Employee Stock Option Plan 2024. Similarly, 4,41,62,578 shareholders, also representing 97.08%, approved the grant of employee stock options. A total of 13,27,999 shareholders cast votes against the resolutions, representing 2.92% each.The voting period, which began...

TARC Limited Launches 'Ishvara' at TARC Ishva, Expanding Development Footprint New Delhi, March 19, 2026 – TARC Limited announced the launch of TARC Ishvara, located in Sector 634, Gurugram. The launch follows RERA approval for an additional phase, marking the completion of a residential ecosystem designed for openness, proportion, and architectural discipline.The introduction of Ishvara has been enabled by the acquisition of an adjoining land parcel, expanding the total development area to over 9 acres. The development now comprises six towers with 518 residences, increasing the overall development footprint to nearly 1.7 million sq. ft. This expansion brings the development's Gross Development Value (GDV) to ₹3,600 crore. The...

M&B Engineering Ltd. Shareholders Approve Employee Stock Option Plan Ratification M&B Engineering Ltd. announced that resolutions related to the ratification of its Employee Stock Option Plan 2024 (ESOP) and the grant of employee stock options to group company employees were passed by shareholders through a postal ballot and e-voting process. The results, declared on March 19, 2026, were based on voting concluded on March 18, 2026.According to the scrutineer’s report from Kasbyap R. Mehta & Partners, 4,41,62,578 shares, representing 97.08%, voted in favor of the resolution ratifying the M&B Engineering Limited Employee Stock Option Plan 2024, while 13,27,999 shares, or 2.92%, voted against it. A similar outcome was observed for the...

Sammaan Capital Limited Completes Interest Payments on Debentures Sammaan Capital Limited announced on March 19, 2026, that it has made the full interest payment on its outstanding Secured Redeemable Non-Convertible Debentures. The company reported that all interest payments were completed as scheduled.The total interest amount paid was 537.31518 lacs. A detailed breakdown of the payments, including ISIN, issue size, interest amounts, and payment dates, is presented below.Interest Payment DetailsSr. No.ISINIssue Size (in INR lacs)Interest Amount to be paid on due date (in INR lacs)Frequency - quarterly/ monthly/ yearlyChange in frequency of payment (if any)Details of such changeInterest payment record dateDue date for interest...

CLC Industries Limited Announces Promoter Share Sale via OFS CLC Industries Limited announced that Manjeet Cotton Private Limited, a promoter of the company, has sold 5,19,720 equity shares through an Offer for Sale (OFS) conducted on March 17 and 18, 2026. The total number of shares offered was 5,19,720 out of a total of 1,03,94,680 equity shares.According to disclosures filed with the National Stock Exchange of India Limited and the BSE Limited, Manjeet Cotton Private Limited held 95% of the company’s shares before the sale. Following the transaction, the promoter’s holding has decreased to 90% of the company’s equity.Details of the transaction are as follows:Sr. No.Name of the TargetNumber of Sale of Equity SharesDate of...

Prime Fresh Ltd. Promoter Pledges Shares as Collateral Prime Fresh Ltd. announced on March 19, 2026, that promoter Hardik Chandrakant Ghelani has pledged shares as collateral. The pledge involves 625,800 equity shares, representing 4.55% of the company’s total share capital.The encumbrance was created on March 18, 2026, and serves as collateral for a loan from Bank of Baroda. Following the pledge, Hardik Chandrakant Ghelani’s holdings remain at 625,800 shares, which represents 4.55% of the total share capital.The disclosure was made in accordance with Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and reported to the BSE Limited.Source:

ITC Ltd. Appoints Navin Agarwal as Non-Executive Director ITC Ltd. announced that an Ordinary Resolution for the appointment of Mr. Navin Agarwal (DIN: 10684167) as a Non-Executive Director has been passed by its Members by requisite majority. The appointment is effective from April 1, 2026, for a period of three years.The resolution was approved through a postal ballot by electronic means, following notices dated January 29, 2026, and February 12, 2026.Voting Results SummaryThe following table summarizes the voting results:Resolution Required:Ordinary ResolutionOrdinary ResolutionOrdinary ResolutionOrdinary ResolutionWhether promoter / promoter group are interested in the agenda / resolution?Not ApplicableNot ApplicableNot...

Diamond Power Infrastructure Ltd. Approves Key Resolutions via Postal Ballot Diamond Power Infrastructure Limited announced the approval of several resolutions through a postal ballot conducted between February 17, 2026, and March 18, 2026. The results, based on remote e-voting, were declared on March 19, 2026.Shareholders approved Material Related Party Transactions with GSEC Limited and Monarch Infraparks Private Limited, both promoter companies. Additionally, a resolution was passed to approve a power of borrowing of up to ₹4,000 crore under section 180(1)(c) of the Companies Act, 2013. Finally, shareholders authorized the creation or modification of charges, mortgages, and hypothecations on the company’s immovable and movable...

ZF Steering Gear India Ltd. Receives Permission for Leasehold Rights Assignment ZF Steering Gear India Ltd. announced on March 19, 2026, that Maharashtra Industrial Development Corporation (MIDC) has granted permission for the assignment of leasehold rights between its wholly-owned subsidiaries. This update follows previous announcements on January 1, 2026, and July 26, 2025, regarding the proposed assignment.The assignment involves Plot No. E-3/2, MIDC Supa Parner Industrial Park, Ahilyanagar, Maharashtra, along with the factory building situated there. NexSteer Systems Private Limited currently holds these leasehold rights and will transfer them to DriveSys Systems Private Limited. Both NexSteer and DriveSys are wholly-owned...

Welspun Living Limited Approves Stake Acquisition in Welspun Corporate Services Limited, Announces Management Changes and Capital Expenditure Increase Welspun Living Limited (formerly Welspun India Limited) announced several key developments following a board meeting held on March 19, 2026. The company approved the acquisition of a 35% stake in Welspun Corporate Services Limited (WCSL, formerly Welspun Home Textiles Limited) for Rs. 35,000. Other Welspun Group entities will acquire the remaining 65% stake. WCSL will function as a centralized corporate services platform providing services including human resources, legal, regulatory compliance, taxation, corporate restructuring, and strategic advisory. The acquisition will position WCSL...

Solitaire Machine Tools Promoter Disposes of Shares in Off-Market Deal Solitaire Machine Tools Ltd. announced that Mr. Ashok Jivarajbhai Sheth, a promoter of the company, disposed of 15,000 equity shares, representing 0.33% of the company's outstanding shares, on March 17, 2026.The shares were transferred to Mrs. Swati Hemendra Badani, another promoter of Solitaire Machine Tools Ltd., through an off-market transaction. The transaction was disclosed in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015.Source:

SG Finserve Ltd. Allots 39.25 Million Shares Following Warrants Conversion SG Finserve Limited announced the allotment of 39,25,000 equity shares on March 19, 2026, resulting from the conversion of an equal number of warrants. The decision was made by the company's Allotment Committee, which convened a meeting that began at 1:45 p.m. and concluded at 2:15 p.m.The allotment follows the preferential basis allocation of 1,00,00,000 fully convertible warrants announced on October 25, 2024. Shareholders paid ₹337.5 per warrant to cover the remaining 75% of the initial issue price of ₹450 per warrant, generating ₹1,32,46,87,500.The equity shares were allocated to Kitara PIIN 1103 and Rohan Gupta, with Kitara PIIN 1103 receiving 20,00,000...

DCM Ltd. Receives Arbitration Notice from GCD Prime DCM Ltd. announced today, March 19, 2026, that it received a notice under Section 21 of the Arbitration and Conciliation Act, 1996 from GCD Prime. The notice pertains to the invocation of arbitration in terms of Clause 14 of a Joint Development Agreement (JDA) dated August 11, 2022.This development follows a prior notification on November 1, 2025, regarding the Company’s issuance of a Notice of Forfeiture and Termination to GCD Prime related to the JDA. The termination notice stemmed from GCD Prime’s alleged failure to address breaches of obligations, including the revocation of a suspension order for a license issued by the Haryana Government concerning a planned affordable...

Bikaji Foods International Schedules Investor Meetings in Singapore Bikaji Foods International Ltd. announced it will conduct One-to-One Analyst and Institutional Investor meetings on Wednesday, March 25, 2026, at 11:00 A.M. IST in Singapore.The meetings will utilize investor presentations already available on the company’s website and stock exchange platforms. Company officials confirmed that no unpublished price-sensitive information will be shared during the meetings.The schedule is subject to change due to unforeseen circumstances. The company will also host the meeting details on its website, www.bikaji.com. Source:

Raghuvir Synthetics Limited Independent Directors Review Board Performance Raghuvir Synthetics Limited announced that its Independent Directors convened a meeting on Thursday, March 19, 2026, commencing at 1:30 P.M. and concluding at 2:00 P.M. The meeting focused on a review of the performance of Non-Independent Directors and the Board as a whole.The Independent Directors also evaluated the performance of the Chairman of the Company, incorporating perspectives from both Executive and Non-executive Directors. Discussions centered on the quality, quantity, and timeliness of information flow between company management and the Board, ensuring the Board’s ability to effectively fulfill its duties.Sunil Raghubirprasad Agarwal...

JBM Auto Limited Clarifies Trading Volume Increase JBM Auto Limited reported that recent trading volume increases are due to market conditions. The clarification follows a communication received from the BSE Limited on March 19, 2026, regarding a significant increase in trading volume for the company’s shares.The company stated it has made all necessary disclosures as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and does not have any undisclosed material or price-sensitive information that would explain the observed volume behavior. JBM Auto Limited affirmed its commitment to timely disclosure of material events and price-sensitive information to the stock exchanges.The...

Capri Global Capital Receives Credit Rating Enhancement from Acuité Capri Global Capital Limited announced an enhancement of its credit-rated limits for loan facilities and Non-Convertible Debentures (NCDs) by Acuité Ratings & Research Limited. Acuité has assigned a rating of 'ACUITE AA | Stable' (ACUITE Double A with Stable Outlook) to the enhanced limits.The enhancements include an increase in the Bank Loan Ratings limit from ₹7,050.00 crore to ₹9,550.00 crore, and the Non-Convertible Debenture limit from ₹750.00 crore to ₹2,850.00 crore.A summary of the rating actions is presented below:Credit Rating AgencyInstrument /FacilityQuantum (Rs. Cr.)RatingRating ActionAcuite Ratings & Research LimitedBank Loan...

WeWork India Secures Managed Office Contract with TMUS India Private Limited WeWork India Management Limited announced on March 19, 2026, that it has entered into a Membership Agreement for a Managed Office with TMUS India Private Limited. This agreement is linked to previously disclosed plans for capacity addition in Hyderabad.The contract involves providing a dedicated workspace for TMUS India Private Limited across five floors at Phoenix H10, Hyderabad. The workspace aggregates to approximately 250,348 square feet and includes 1,507 workstations. The agreement has a tenure of 60 months, with a 42-month committed term from the client.The total consideration for the contract is ₹475.49 crore, excluding applicable taxes. The works...

Capri Global Capital Ltd. Secures Rating Enhancement for Term Loans and NCDs Capri Global Capital Limited announced a review and enhancement of its credit-rated limits by Infomerics Valuation and Rating Limited on March 19, 2026. The enhancements were made following a request from the company.Infomerics has assigned a rating of 'IVR AA/Positive' (IVR Double A with Positive Outlook) to the revised limits for both term loans and Non-Convertible Debentures (NCDs). The updated ratings reflect an increase in the company’s financial capacity.The details of the enhanced limits are presented below:Credit Rating AgencyInstrument /FacilityQuantum (Rs. Cr.)RatingRating ActionInfomerics Valuation and Rating Ltd.Long Term Bank...