Markets

Stock Market Outlook: Global Tensions, Oil Prices to Drive Equities in Holiday-Shortened Week New Delhi, March 29: Domestic equity markets are expected to remain sensitive to global developments in the coming week, with the ongoing West Asia conflict, crude oil price movements, and broader international trends set to play a decisive role in shaping investor sentiment.Global Cues and Oil Prices in Focus Analysts indicated that developments surrounding the month-long conflict in West Asia will continue to influence market direction. Fluctuations in crude oil prices, driven by geopolitical tensions and progress in US-Iran ceasefire negotiations, are likely to remain a key trigger for equities.Ajit Mishra, SVP Research at Religare...

HealthCare Global Enterprises Ltd. Extends Timeline for Vizag Hospital Acquisition Bangalore, India – March 29, 2026 – HealthCare Global Enterprises Ltd. (HCG) announced an extension to the timeline for the acquisition of shares in Vizag Hospital and Cancer Research Centre Private Limited (Vizag Hospital). The announcement, made today, details a second amendment to both the Share Purchase Agreement (SPA) and the Shareholders Agreement (SHA) initially established in June 2024.The SPA outlines a plan for HCG to acquire an additional 34% of Vizag Hospital's equity share capital. Originally scheduled within 18 months of the first closing date of October 2, 2024, the completion date has been extended by three weeks. This adjustment...

BKM Industries Limited Releases Financial Results and Announces Key Appointments Following Resolution Plan Implementation BKM Industries Limited, formerly Manaksia Industries Ltd., announced on March 29, 2026, that its Board of Directors convened on March 28th and 29th, 2026. The meeting, which began at 6:00 PM on March 28th and concluded at 1:30 PM on March 29th, addressed matters related to the implementation of the Resolution Plan approved by the Hon'ble National Company Law Tribunal under the Insolvency and Bankruptcy Code, 2016.The Board approved the Standalone and Consolidated Financial Results for the Financial Year 2021-22, Financial Year 2022-23, and the quarter ended June 30, 2023, for the Financial Year 2023-24. These...

IFCI Limited Receives Petition from SFIO Regarding Company Petition IFCI Limited announced on March 29, 2026, that it has received a Company Petition from the Union of India through the Serious Fraud Investigation Office (SFIO) before the National Company Law Tribunal (NCLT) in New Delhi. The petition, bearing numbers CP 34/241-242/PB/2026, follows an order dated March 12, 2026, from the NCLT.According to a disclosure, the petition relates to an investigation report dated November 16, 2022, by the SFIO. The facilities mentioned in the investigation report and petition were sanctioned and disbursed by IFCI Limited prior to the close of Financial Year 2016-2017. The company stated that the corresponding exposures have either been...

CMS Info Systems Acquires FSS’s Managed Services Business to Strengthen ATM Management Solutions Mumbai, March 29, 2026: CMS Info Systems Limited (BSE: 543441 | NSE: CMSINFO), India's leading business services company, announced the acquisition of the ATM Managed Services business of Financial Software and Systems Private Limited ("FSS") for a purchase consideration of up to ₹115 crores. The transaction, expected to close in Q1 FY27, involves the transfer of operating assets and novation of customer contracts.Rajiv Kaul, Exec. VC & CEO, stated the acquisition aligns with the company's strategic goals, noting the industry's consolidation and CMS's position as a preferred partner for banks.At its Analyst Day in September 2025, CMS had...

Syngene International Limited Receives Order Regarding Tax Litigations Syngene International Limited announced on March 29, 2026, that it received an order dated February 6, 2026, from the National Faceless Appeal Centre (NFAC) concerning Assessment Year 2016-17. This order gives effect to the NFAC’s earlier order.The company previously filed a Writ Petition with the Hon'ble High Court of Karnataka regarding the adjustment of refunds granted for Assessment Years 2010-11 and 2011-12 against outstanding demands and the non-issuance of a refund granted for Assessment Year 2012-13. The High Court allowed the petition.The NFAC partially allowed an appeal filed by the company for Assessment Year 2016-17. Subsequently, the Assessing...

Ravi Kumar Rungta and Dr. C.K. Shivanna Step Down as Independent Directors of Chennai Petroleum Corporation Limited Chennai Petroleum Corporation Limited announced the cessation of Mr. Ravi Kumar Rungta (DIN: 00993270) and Dr. C.K. Shivanna (DIN: 09398521) from their roles as Independent Directors, effective March 28, 2026. The change is due to the completion of their tenures.Details of CessationParticularsDetailsReason for ChangeCompletion of TenureDate of CessationMarch 28, 2026P. Shankar, Company Secretary, confirmed the changes.Source:

Sahara One Media & Entertainment Limited Schedules Board Meeting to Review Quarterly Results Sahara One Media & Entertainment Limited announced that a meeting of its Board of Directors is scheduled for Saturday, April 4, 2026, at 3:00 P.M. The meeting will be conducted via video conferencing and other audio-visual means.The primary agenda for the board meeting includes consideration and approval of the unaudited financial results (standalone) for the quarter ended September 30, 2025, along with the limited review report.The financial results will also be hosted on the company’s website at www.saharaonemedia.com. Prakash Chandra Tripathy, Chief Financial Officer, provided the information.Source:

Bkm Industries Limited Appoints Priya Motwani as Compliance Officer Bkm Industries Limited, formerly Manaksia Industries Ltd., announced the appointment of Priya Motwani as the company’s Compliance Officer, effective March 28, 2026. The resolution formalizing this appointment was passed at a meeting of the Board of Directors held on March 28, 2026.Ms. Motwani, a member (No. A73655), will be responsible for ensuring adherence to applicable laws, regulations, and guidelines from SEBI, stock exchanges, and other regulatory bodies. She will also serve as the principal officer for investor grievance redressal.A director of the company is authorized to notify the stock exchanges and relevant authorities regarding this appointment and to...

Amit International Ltd. Appoints New Independent Director Amit International Ltd. announced the proposed appointment of Mr. Narany Ramesh Vishawkarma as an Additional Independent Director. The decision was made by the Board of Directors on March 28, 2026.Mr. Vishawkarma’s Director Identification Number (DIN) is 10415280.The appointment will be subject to shareholder approval at a forthcoming meeting. The Board also noted the possibility of other business matters requiring the Chairperson's permission.Source:

AU Small Finance Bank Announces Departure of Independent Director AU Small Finance Bank Limited announced on March 29, 2026, the departure of Ms. Kavita Venugopal from its board of directors. Ms. Venugopal, whose Director Identification Number is 07551521, concluded her tenure as an Independent Director with effect from the close of business hours on March 28, 2026.The bank expressed its appreciation for Ms. Venugopal’s contributions during her time on the board and extended its gratitude for her future endeavors.Details Regarding DepartureParticularsDetailsNameMs. Kavita VenugopalReason for changeCompletion of tenureDate of CessationMarch 28, 2026Source:

TVS Holdings Ltd. Increases Stake in Home Credit India Finance TVS Holdings Ltd. announced on March 28, 2026, that it has subscribed to and been allotted an additional 229,139,017 equity shares of ₹10/- each in Home Credit India Finance Private Limited (HCIFPL), a subsidiary of the company. The aggregate cost of this investment exceeds the materiality threshold specified under SEBI regulations.HCIFPL is a non-deposit-taking non-banking financial company registered with the Reserve Bank of India (RBI), engaged in providing loans to the retail segment. During the fiscal year 2024-25, HCIFPL generated a turnover of ₹2,096.54 Crores, reported a loss after tax of ₹530.04 Crores, and had a net-worth of ₹1,583.04 Crores.The additional...

Som Distilleries and Breweries Provides Update on License Suspension Som Distilleries and Breweries Limited announced on March 28, 2026, that the suspension of its license remains unchanged since a February 5, 2026, press release. The company is actively working to resolve the issue.A petition seeking validation of the license was not favorably considered by the Single Bench of the Madhya Pradesh High Court on March 23, 2026. Subsequently, on March 24, 2026, the Double Bench of the Madhya Pradesh High Court granted relief, permitting an associate company to participate in the country liquor tender process. A final order in the matter is pending.Som Distilleries and Breweries Limited is committed to keeping stakeholders informed, and...

AVG Logistics Ltd. to Consider Fundraising on April 6, 2026 AVG Logistics Ltd. announced that a meeting of its Board of Directors is scheduled for Monday, April 6, 2026. The primary agenda for the meeting includes a proposal to raise funds through the issuance of one or more instruments.These instruments may include Equity Shares, Convertible Warrants, or other Securities. The company is considering various methods for raising capital, such as a Right Issue, Preferential Issue, Private Placements, or a combination thereof, subject to applicable laws and regulatory approvals.Further details regarding the fundraising initiative will be available on the company’s website at avglogistics.com.BSE Scrip Code: 543910; NSE Symbol: AVG...

Ritesh Vijay Vakil Resigns as Managing Director of Bharatam Ventures Limited Mumbai – March 28, 2026 – Bharatam Ventures Limited, formerly known as Pet Plastics Limited, announced the resignation of Executive Managing Director, Ritesh Vijay Vakil, effective March 28, 2026. The resignation stems from a change in the company’s control.The Board of Directors considered and approved Vakil’s resignation during a meeting held on March 28, 2026, which commenced at 1:00 PM and concluded at 8:00 PM.A summary of the resignation details is presented below:ParticularsInformationName of Director / Nature of DirectorshipMr. Ritesh Vijay Vakil (DIN: 00153325), Executive Director, Managing DirectorReason for ChangeResignation due to...

Magnus Steel and Infra Ltd. Appoints New Directors and Changes Designation Magnus Steel and Infra Ltd. announced several changes to its board of directors on March 28, 2026. The changes were approved at a board meeting held on that date.Mr. Chinmay Pradhan has been appointed as Managing Director, effective March 28, 2026, subject to member approval. Mr. Prakash Salve has been appointed as an Additional Executive Director, also effective March 28, 2026, and subject to member approval. Mrs. Krutika Shah has been appointed as an Additional Non-Executive Independent Director, effective March 28, 2026, pending member approval.Additionally, Mr. Karronn Bajaj’s designation has changed from Managing Director to Non-Executive Director...

HFCL Limited Issues Corporate Guarantee for Subsidiary HTL Limited HFCL Limited announced on March 28, 2026, that it has provided a corporate guarantee of Rs. 30 Crore in favor of Axis Finance Limited. The guarantee secures a rupee term loan facility for HTL Limited, a subsidiary of HFCL.HTL Limited, in which HFCL holds a 74% stake with the remaining 26% owned by the Government of India, manufactures Optical Fiber Cables (OFC) and provides passive connectivity solutions. Additionally, HTL manufactures raw materials for OFC and provides electrical wiring interconnect solutions for the aerospace, defense, automotive, and industrial sectors.The corporate guarantee will be disclosed as a contingent liability in HFCL's financial...

Baron Infotech Limited Schedules Committee of Creditors Meeting Baron Infotech Limited announced that a meeting of the Committee of Creditors (CoC) is scheduled for Thursday, April 2, 2026, at 16:00 hours (IST).The meeting will focus on analyzing, evaluating, and negotiating resolution plans received within the Corporate Insolvency Resolution Process (CIRP) of the company, alongside other related matters.The meeting of the Committee of Creditors represents 21% of the total membership.Baron Infotech Limited's stock trading symbol is 532336 on the BSE Limited.Source:

Utkarsh Small Finance Bank Shareholder Meeting Approves Amalgamation Scheme Utkarsh Small Finance Bank Limited held a meeting of equity shareholders on Saturday, March 28, 2026, at 12:30 p.m. (IST) via video conferencing. The meeting was convened pursuant to an order from the National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj, dated February 11, 2026, concerning the Scheme of Amalgamation between Utkarsh CoreInvest Limited and Utkarsh Small Finance Bank Limited.According to attendance records, 43 members were present at the meeting. Dr. Santosh Kumari, appointed by the NCLT, chaired the meeting, with Mr. Anant Prakash serving as the Alternate Chairperson. Other attendees included Dr. Kshatrapati Shivaji, Mr. Ajay Kumar...

Emerald Finance Ltd. Partners with Embee Financial Services to Offer Early-Wage-Access Program Emerald Finance Ltd. has announced a partnership with Embee Financial Services Limited, based in Chandigarh, to introduce an Early-Wage-Access program for its employees. The initiative will enable employees to access portions of their salaries throughout the month, providing them with financial flexibility.The company has been developing a salary advance solution as part of its strategy to expand offerings and serve retail customers. The program involves providing short-term salary advances, with repayment collected through salary deductions.Amarjeet Kaur, Company Secretary cum Compliance Officer for Emerald Finance Limited, confirmed the...