Markets

NTPC Green Energy Subsidiary Signs Green Ammonia Purchase Agreement NTPC Renewable Energy Limited, a wholly-owned subsidiary of NTPC Green Energy Limited (NGEL), announced on March 31, 2026, that it has entered into a Green Ammonia Purchase Agreement (GAPA) with Solar Energy Corporation of India Limited (SECI). The agreement supports the SIGHT Scheme of the National Green Hydrogen Mission, Government of India.Under the terms of the agreement, NTPC Renewable Energy Limited will supply 70,000 MTPA of Green Ammonia to Krishna Phoschem Limited, located in Meghnagar, Madhya Pradesh. SECI will serve as the intermediary procurer in this transaction.This agreement represents a significant milestone for NGEL’s Green Hydrogen and Green...

Jost’s Engineering Company Limited Completes Sale of Joint Venture Stake Jost’s Engineering Company Limited has finalized the sale of its 50% equity investment in Suryavayu Renewable and Energy Solutions Private Limited (SRESPL) to Kay Cee Energy & Infra Limited. The transaction concluded on March 30, 2026, upon receipt of consideration of Rs. 1,03,100.This follows prior notification on March 24, 2026, regarding the initial approval for the divestment. As a result of the sale, SRESPL is no longer considered a joint venture of Jost’s Engineering Company Limited, effective March 30, 2026.Source:

Thrive Future Habitats Ltd. Completes Sale of Subsidiary Thrive Future Habitats Limited (formerly known as Ador Multiproducts Limited) announced the completion of the sale of its 58% shareholding in Aura Flow Private Limited (formerly Anatomicals Ador India Private Limited), a subsidiary of the company. The transaction follows earlier disclosures made on November 14, 2025.The company received consideration of INR 1,740 (Rupees One Thousand Seven Hundred Forty Only) for the sale. Ms. Mei Ling Foon Ming Lee acquired the 1,73,998 equity shares, representing 58% of Aura Flow Private Limited. As a result of the transaction, Aura Flow Private Limited is no longer a subsidiary of Thrive Future Habitats Limited.According to details...

National Highways Infra Trust Announces Appointed Date for Round 5 Roads National Highways Infra Trust (NHIT) has received confirmation of the appointed date for Round 5 Roads, also known as 'InvIT Bundle 5'. This announcement follows the signing of a Concession Agreement between the National Highways Authority of India (NHAI) and NHIT Western Projects Private Limited (NWPPL) on March 17, 2026, and the fulfillment of necessary condition precedents.The appointed date for the following Concession Agreements is April 1, 2026, at 00:00 hours (midnight March 31, 2026 / April 1, 2026):Amravati-Chikhali-Tarsod Gundugolanu-Chinna AvutapalliThis development marks a significant milestone for the trust and its investors. The declaration of...

Majestic Auto Ltd. Completes Sale of Leasehold Property Majestic Auto Limited announced the completion of the sale of its leasehold property situated at B-6, B-7 and B-9 Ecotech 1 Extension, Sector Ecotech-I, Greater Noida, Distt. Gautam Budh Nagar (U.P.), admeasuring approximately 54,312 square meters. The transaction was approved by the Board of Directors on December 23, 2022, and subsequently by the members on February 4, 2023.The sale was executed in favor of Cyrrus Manufacturing LLP, a buyer who is not affiliated with the company’s promoter group. An advance amount of ¥5,00,00,000 (Rupees Five Crore only) was previously received towards the total sale consideration.The total consideration for the transaction amounts to INR...

Rane Holdings Announces Board Meeting and Trading Window Closure Rane Holdings Limited has scheduled a board meeting for May 15, 2026, to review and approve the audited financial results for both standalone and consolidated entities for the quarter and year ending March 31, 2026.In accordance with the company's insider trading regulations, the trading window for promoters, directors, connected persons, and designated employees will be closed from March 31, 2026, to May 17, 2026, inclusive. This closure is specifically for considerations related to the audited financial results for the quarter and year ending March 31, 2026.Rane Holdings Limited is listed on the BSE under Scrip Code 505800 and on the NSE under Symbol RANEHOLDIN...

MCX Subsidiary Transfers Funds to Core Settlement Guarantee Fund Multi Commodity Exchange of India Limited (MCX) announced that its wholly-owned subsidiary, Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), transferred 50 Lakh to its Core Settlement Guarantee Fund on March 27, 2026. The transfer was made as a ‘Financial Disincentive’ related to a technical glitch that occurred on January 28, 2026.According to a filing, the action was taken in accordance with SEBI circular no. SEBI/HO/MRD1/DTCS/CIR/P/2021/590 dated July 05, 2021. The financial impact of the disincentive is limited to the amount transferred and does not affect the operations or other activities of MCX and MCXCCL.The details related to this action are...

Ashiana Housing Limited Postpones EGM and Sets Record Date Ashiana Housing Limited announced a postponement of its 1st Extra-Ordinary General Meeting (EGM) for FY 2026-27, initially scheduled for April 17, 2026. The meeting will now be held on Wednesday, April 22, 2026, at 11:30 a.m. through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).The company has set April 15, 2026, as the record date for determining shareholder eligibility to vote at the EGM. Shareholders registered as of the close of business hours on that date will be entitled to vote remotely or at the EGM. The EGM notice has been distributed electronically and is available on the company's website, www.ashianahousing.com.Appointment and RemunerationThe EGM...

Anlon Technology Solutions Limited Receives Working Capital Loan of Rs. 10 Crores Anlon Technology Solutions Limited announced on March 30, 2026, that its Board of Directors approved a working capital loan facility of Rs. 10 crores from Union Bank of India. The loan is intended to meet the company's business requirements.The Board meeting commenced at 6:30 P.M. and concluded at 7:30 P.M.The details of the loan facility are as follows:Sl NoParticularRemarks1Name of BorrowerAnlon Technology Solutions Limited2Name of LenderUnion Bank of India3Nature of LoanWorking Capital Facility4Total amount of Facility grantedFund Based Facility - 10.00 Cr Non-Fund Based Facility - NIL5Total amount of Existing FacilityNA6Total...

H.G. Infra Engineering Transfers Stake in Subsidiary to Neo Infra Income Opportunities Fund H.G. Infra Engineering Limited announced the transfer of a 49% stake in H.G. Khammam Devarapalle PKG-1 Private Limited to Neo Infra Income Opportunities Fund on March 30, 2026. The transaction, which began with a Securities Purchase Agreement executed on January 15, 2026, involved a total consideration of ₹ 233.77 crore.As a result of the stake transfer, H.G. Khammam Devarapalle PKG-1 Private Limited, previously a wholly-owned subsidiary, now remains a subsidiary of H.G. Infra Engineering Limited. The remaining 51% stake will be transferred in accordance with transaction documents.According to data for the financial year ended March 31, 2025...

Global Surfaces Limited Appoints Additional Director, Announces Leadership Changes Global Surfaces Limited announced several changes to its Board of Directors on March 30, 2026. The company appointed Mr. Rakesh Grover as an Additional Director (Non-Executive Independent Director) with effect from March 30, 2026, for a term of two consecutive years, subject to shareholder approval. Mr. Grover brings over 37 years of experience in the banking and financial services sector.Mr. Ashish Kumar Kachawa resigned from his position as Non-Executive, Non-Independent Director, effective from the close of business hours on March 30, 2026. He also resigned from his position as Director of Global Surfaces FZE, a material subsidiary of the company...

Nazara Technologies Acquires Remaining Stake in Next Wave Multimedia Nazara Technologies Limited announced the acquisition of an additional 4,188 equity shares in Next Wave Multimedia Private Limited on March 30, 2026. The acquisition, executed as per a Share Purchase Agreement dated May 24, 2024, represents 12.56% of Next Wave Multimedia’s equity share capital.The aggregate consideration for the acquisition totaled INR 7,50,08,955. This transaction increases Nazara Technologies’ ownership in Next Wave Multimedia from 87.44% to 100%, making it a wholly owned subsidiary. Each share had a face value of INR 100.Source:

R Systems International Limited Appoints Farooq Ahmad as Chief Revenue Officer R Systems International Limited announced the appointment of Farooq Ahmad as Chief Revenue Officer, effective March 30, 2026.Mr. Ahmad brings extensive experience to the role, with nearly three decades in the IT services industry. He previously held leadership positions at HCL Technologies and Brillio, where he served as Regional Revenue Officer and Managing Director. Mr. Ahmad holds a B.Sc. Engineering from Z.H. College of Engineering & Technology, AMU, Aligarh, and an MBA from Elkin B. McCallum Graduate School of Business, Bentley University, Massachusetts, USA.The appointment is part of the senior management team of R Systems International Limited...

Signatureglobal Completes Transaction, Forms Joint Venture with RMZ Signatureglobal (India) Limited announced the completion of a transaction resulting in a 50:50 joint venture with RMZ. The completion occurred on March 30, 2026, following previous announcements on February 14, 2026, and March 29, 2026.As part of the transaction, Signatureglobal (along with its three nominees) transferred and sold 35,69,731 equity shares of Rs. 10 each in Gurugram Commercity Limited (GCL) to RMZ (including its three nominees). The sale price was approximately Rs. 158.84 per share, generating a total consideration of approximately Rs. 56.70 crores. Simultaneously, GCL allotted 7,78,60,538 equity shares to RMZ for approximately Rs. 1,236.77 crores...

GMR Power and Urban Infra Acquires Stake in GMR Kamalanga Energy Limited GMR Power and Urban Infra Limited announced the acquisition of a 2.37% stake in GMR Kamalanga Energy Limited (GKEL) from IDFC First Bank Limited. The transaction, completed on March 30, 2026, involved a cash consideration of Rs. 60 crore.GMR Energy Limited, a wholly-owned subsidiary of GMR Power and Urban Infra Limited, acquired 5,09,80,769 equity shares, representing the 2.37% stake. This acquisition is intended to consolidate the company’s existing shareholding in GKEL, bringing the total close to 100%, and to enhance strategic control over the entity.GKEL operates a 1050 MW coal-based power plant. The company’s turnover for the fiscal year 2024-25 was Rs...

Updater Services Limited Appoints Amitabh Jaipuria as Senior Executive Whole-time Director Updater Services Limited announced changes in the designation of Mr. Amitabh Jaipuria, effective April 1, 2026. Mr. Jaipuria has transitioned from a Non-Executive Non-Independent Director to a Senior Executive Director and has been appointed as a Whole-time Director and Key Managerial Personnel.The appointment was approved by the Nomination and Remuneration Committee and the Board of Directors at a meeting held on March 30, 2026. Mr. Jaipuria’s tenure will span three years with the potential for extension based on mutual agreement.Mr. Jaipuria brings over 37 years of experience across diverse sectors including FMCG, telecom, and financial...

Yaap Digital Limited Acquires 60.20% Stake in Gozoop Online Private Limited Yaap Digital Limited announced the execution of a Share Purchase Cum Shareholders' Agreement (SPSHA) and the acquisition of a 60.20% stake in Gozoop Online Private Limited on March 30, 2026. The acquisition, which has resulted in Gozoop becoming a subsidiary of Yaap Digital Limited, involves 480 equity shares of Rs. 100 each, representing 60.20% of the paid-up equity share capital.The purchase consideration for this acquisition totals Rs. 36.96 crore. A swap of shares against a consideration amount of Rs. 7.66 crore is currently in process and expected to be completed within 90 days of the SPSHA signing, with Excess Net Working Capital (ENWC) to be paid by...

Prizor Viztech Limited Announces Cessation of Subsidiary Company Prizor Viztech Limited (PRIZOR) announced that Prizor Aitech India Limited (PAIL) has ceased to be a subsidiary, effective March 30, 2026. The change occurred due to a preferential issue of equity shares by PAIL, in which Prizor Viztech Limited did not participate.This resulted in a dilution of Prizor Viztech Limited’s shareholding in PAIL, decreasing its stake from 51% to 5%, thereby leading to a loss of control.The details regarding the cessation are summarized below:ParticularsDetailsName of the subsidiaryPrizor Aitech India LimitedDate of cessationMarch 30, 2026Reason for cessationDilution of shareholding resulting from a preferential issue of equity...

Speciality Restaurants’ Subsidiary Allots Shares in Rights Issue Speciality Restaurants Limited announced that its subsidiary, Speciality Hotels India Private Limited (SHIPL), has completed a rights issue, allotting 61,728 equity shares with a face value of Rs. 100 each at an issue price of Rs. 838.57 per share. The total consideration for the rights issue amounted to Rs. 51,763,249.The rights issue was offered to existing shareholders of SHIPL. Following the allotment, SHIPL’s paid-up share capital increased to ₹ 2,00,61,500. As a result of this allotment, Speciality Restaurants Limited’s shareholding in SHIPL has decreased from 98.28% to 68.04% of the total paid-up share capital. SHIPL remains a subsidiary of Speciality Restaurants...

Cambridge Technology Enterprises Limited Announces Subsidiary Divestments and Key Personnel Change Cambridge Technology Enterprises Limited announced on March 30, 2026, that its Board of Directors approved the divestment of 100% shareholding in two subsidiaries: R.P. Web Apps Private Limited and CTE Technology Solutions Private Limited (formerly known as CTE Web Apps Private Limited).The company will sell 60,880 shares of R.P. Web Apps Private Limited with a face value of Rs. 10 each for INR 6,08,800 to AKIT IT Consulting Private Limited. Upon completion of the transfer, R.P. Web Apps Private Limited will cease to be a wholly owned subsidiary of Cambridge Technology Enterprises Limited. The turnover contributed by the subsidiary...