Markets

Fortis Malar Hospitals Resolves Tax Dispute, Anticipates Refund Fortis Malar Hospitals Ltd. announced on March 28, 2026, that its rectification application against a demand from the Income Tax department in Bengaluru has been successfully processed. The application challenged a demand of INR 20.82 lakhs for assessment year 2024-25.According to an order issued by the Centralized Processing Centre ('CPC') of the Income Tax department, the demand has been deleted, and a refund of INR 41.11 lakhs has been determined. The order was issued on March 27, 2026, at 4.03 p.m.The resolution of this dispute carries no expected financial implications for the company.ParticularsDetailsName(s) of the opposing partyCentralized Processing...

Dilip Buildcon Secures Flood Protection Embankment Project in Gujarat Dilip Buildcon Limited has received a letter of acceptance (LOA) from the Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat, for a flood protection embankment project on the Narmada River in Bharuch district. The project will be executed on an Engineering, Procurement, and Construction (EPC) basis.The project’s awarded cost, excluding GST, is 698.49 Crore Rupees, with a completion period of 24 months. This announcement follows a previous update released on February 17, 2026.Further details regarding the project are outlined below:ProjectProject Awarded Cost excluding GST (Rs. in Cr.)ModeCompletion period'Construction of the...

Kataria Industries Limited Enters Development Agreement with M. J. Builders Mumbai – March 28, 2026 – Kataria Industries Limited announced today the execution of a development agreement with M. J. Builders for the redevelopment of an immovable property in Mahim (West), Mumbai. The property is located on Caddel Road, Swatantyra Veer Savarkar Road, Mahim (West), Mumbai-400 016 (Maharashtra), and encompasses C.S. Nos. 1020, 1/1020, 1021, 1024, 1/1024, 1025, 1026, 1027, 1028, 1029, 1030, 1031, 1032, 1035 and 1036, with an aggregate total area of 3347.89 sq. mts.The agreement outlines that Kataria Industries Limited will undertake the redevelopment and development of the property. Key terms include the allotment of approximately 25,200 sq...

Ishan Dyes and Chemicals Limited Allots Equity Shares Following Warrant Conversion Ishan Dyes and Chemicals Limited announced the allotment of 7,40,700 fully paid-up equity shares on Saturday, March 28, 2026, following the exercise of convertible warrants. The allotment was approved by the company’s board of directors at a meeting held on the same date.The shares were issued to warrant holders at an issue price of ₹ 63 per share. Piyushbhai Natvarlal Patel, a promoter, converted 22,92,436 warrants, resulting in the allotment of 7,40,700 equity shares.The total balance outstanding warrants for conversion currently stand at 34,20,892. Warrant holders have 18 months, from the warrant allotment date of September 20, 2025, to convert the...

Bharti Airtel Limited Receives Penalty Notice from Department of Telecommunications Bharti Airtel Limited announced that it received a notice from the Department of Telecommunications (DoT) in Madhya Pradesh on March 27, 2026. The notice concerns a penalty of Rs. 1,74,000 levied for alleged violations of subscriber verification norms.According to the DoT, the penalty stems from a Customer Application Form (CAF) Audit conducted in January 2026, which indicated non-compliance with licensing terms and conditions related to subscriber verification. Bharti Airtel Limited is obligated to verify customers as per its license agreement and adhere to instructions from the DoT.The company estimates the maximum financial impact to be the amount...

Oil & Natural Gas Corporation Limited Announces Departure of Independent Directors Oil & Natural Gas Corporation Limited (ONGC) announced the completion of tenure for three Independent Directors, effective March 28, 2026.The individuals concluding their tenures are Bhagchand Agarwal (DIN: 00431182), Reena Jaitly (DIN: 06853063), and Manish Pareek (DIN: 09396501).The company notified the National Stock Exchange of India Ltd. and BSE Limited regarding this change. ONGC’s security codes remain ONGC (NSE Symbol) and 500312 (BSE Security Code), with NCD 959881.Source:

Lagnam Spintex Limited Board Approves Annual Business Plan and Budget Lagnam Spintex Limited announced that its Board of Directors met on Saturday, March 28, 2026, via video conference. The meeting commenced at 11:20 A.M. and concluded at 12:23 P.M.During the meeting, the Board approved the Annual Business Plan and Budget for the financial year 2026-27.The meeting of the Board of Directors was held at the company’s registered office. Anand Mangal, Managing Director, presided over the meeting.Lagnam Spintex Limited’s registered office is located at A 51-53, RIICO Growth Centre Hamirgarh, Bhilwara (RAJ) 311001.Source:

Bajaj Hindusthan Sugar Limited Allots Equity Shares on Preferential Basis Bajaj Hindusthan Sugar Limited announced the allotment of 3,69,88,476 equity shares on a preferential basis on March 28, 2026. The shares were issued to UCO Bank at a price of Rs. 5.12 per share, including a premium of Rs. 4.12, as part of a resolution plan involving the conversion of a loan.The total consideration for the allotment amounts to Rs. 18.94 Crores. Consequently, the company’s paid-up equity share capital has increased from Rs. 2,33,69,54,000 divided into 2,33,69,54,000 equity shares of Re.1 each to Rs. 2,37,39,42,476 divided into 2,37,39,42,476 equity shares of Re.1 each.The allotment to a remaining lender is pending completion of the loan...

Khyati Multimedia Entertainment Ltd. Reconstitutes Board Committees Following Director Appointment Khyati Multimedia Entertainment Ltd. (KMEL) has reconstituted its various board committees following the regular appointment of Dilip Gajanand Nikhare as a Non-Promoter, Non-Executive Independent Director, effective December 1, 2025. The appointment was confirmed by shareholders through a postal ballot on January 30, 2026, and formally approved by the Board of Directors on February 3, 2026.The changes were made in accordance with SEBI (LODR) regulations.Composition of Committees:The Audit Committee, Nomination and Remuneration Committee (NRC), and Stakeholder Relationship Committee have been restructured to include Mr. Nikhare...

Indian Renewable Energy Development Agency Limited Announces Departure of Independent Directors New Delhi, March 28, 2026 – Indian Renewable Energy Development Agency Limited (IREDA) announced today the completion of tenure for two Independent Directors. Shri Shabdsharan N. Brahmbhatt (DIN-09483059) and Dr. Jaganath C. M. Jodidhar (DIN-09556253) have concluded their terms on March 27, 2026, as per an order from the Ministry of New and Renewable Energy ('MNRE') dated March 28, 2025. Consequently, they have ceased to be Independent Directors of the company, effective March 28, 2026.The details regarding the change in directors are provided in Annexure I.Table: Departure of DirectorsNameReason for ChangeDate of CessationShri...

Glen Industries Ltd. Promoter Acquires Shares, Increasing Stake Glen Industries Ltd. announced that Lalit Agrawal (HUF), a member of the Promoter Group, acquired 1,200 equity shares on March 27, 2026. The acquisition involved an investment of Rs. 78,000.00 at a price of Rs. 65.00 per share.The acquisition was made from public shareholders. Consequently, the total shareholding of the Promoter and Promoter Group has increased from 73.42% to 73.43% of the company’s total paid-up equity share capital.The transaction complied with the minimum public shareholding requirements as outlined in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.Source:

Vdeal System Limited Announces Resignation of Independent Director Vdeal System Limited announced the resignation of Mr. Pranay Agarwal from the position of Independent Director, effective March 27, 2026. Mr. Agarwal, holding DIN: 02758174, submitted his resignation via email on March 27, 2026.Consequently, Mr. Agarwal has also ceased to be a member of the Nomination & Remuneration Committee and the Independent Directors Committee. The reason for his resignation is attributed to personal reasons, as stated in his resignation letter.Mr. Agarwal currently serves as an Independent Director at PUSHPA JEWELLERS LIMITED. He confirmed that there are no other material reasons for his resignation beyond those specified in his resignation...

Avantel Limited Receives Supply Order Worth Rs. 137.12 Crores from India Meteorological Department Avantel Limited announced on March 28, 2026, that it has received a supply order from the India Meteorological Department (IMD), a part of the Ministry of Earth Sciences, Government of India. The order, received via email on March 27, 2026, is for the supply, warranty, and Comprehensive Annual Maintenance Contract (COAMC) of seven Wind Profiler Systems.The total value of the order is Rs. 137.12 Crores, excluding taxes. The order is expected to be executed by September 2027. Key terms include a Performance Bank Guarantee of 5%, a three-year warranty, and a seven-year COAMC.Below is a summary of the order details:Sl...

Cords Cable Industries Limited Includes Naveen Sawhney HUF in Promoter Group Cords Cable Industries Limited announced the inclusion of Naveen Sawhney HUF within its promoter group, effective March 27, 2026. The move aligns with the definition of “Promoter Group” under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.The addition involves Naveen Sawhney HUF, represented by Karta Naveen Sawhney, and coparcener Mrs. Adarsh Sawhney. Details regarding the HUF are summarized below:Naveen Sawhney HUF DetailsDetailInformationName of HUFNaveen Sawhney HUFName of KartaNaveen SawhneyName of CoparcenerMrs. Adarsh SawhneyDPIDIN303663 *Client ID10082461Shareholding12,700 Equity Shares (0.098%)Date...

Avax Apparels and Ornaments Ltd. Sets Record Date for Bonus Share Issue Avax Apparels and Ornaments Ltd. has announced April 7, 2026, as the record date for a bonus share issue. The company will issue three bonus equity shares for every one existing share held. Each share has a face value of ₹ 5.The bonus share allocation will impact shareholders ranking pari-passu. According to SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024, the deemed date of allotment for the bonus equity shares is April 8, 2026.Below is a table outlining the details of the record date:Security CodeType of security and paid-up valueRecord DatePurposeBSE: 544337Equity Shares Rs. 1,03,91,580/- (Rs. 5/- per equity share)Tuesday, April 07...

Real Touch Finance Ltd. Allots Non-Convertible Debentures Real Touch Finance Limited announced the allotment of Non-Convertible Debentures (NCDs) on a private placement basis, as confirmed by the company's Board of Directors through a resolution passed on March 28, 2026.The company allotted 256 Secured, Unlisted, Unrated, Redeemable, Fully Paid Non-Convertible Debentures with a face value of Rs. 1,00,000 each. The debentures were issued at an issue price of Rs. 1,00,000 each, bringing the total amount raised to INR 2,56,00,000 (Rupees Two Crores Fifty-Six Lakhs Only). This action follows an earlier communication dated March 20, 2026, regarding the fundraising initiative. Real Touch Finance Limited's stock symbol on the BSE Limited is...

Asian Granito India Ltd. Reaffirms Credit Ratings Under Watch Asian Granito India Ltd. announced that Infomerics Valuation and Rating Limited has reaffirmed its credit ratings for the company's bank facilities. The ratings are maintained under watch with developing implications.The reaffirmed ratings are as follows:Instrument/ FacilityAmount (Rs. in Crores)Current RatingsPrevious RatingsRating ActionLong Term Facilities145IVR BBB+; RWDIIVR BBB+ / StableRating continued under watch with developing implicationsShort Term Facilities10IVR A2; RWDIIVR A2Rating continued under watch with developing implicationsThe updated Credit Rating Letter was received by the company on March 27, 2026.Details of Credit FacilitiesThe...

JSW Infrastructure Limited Announces Departure of Independent Director JSW Infrastructure Limited announced that Amitabh Kumar Sharma ceased to be a Director of the company on March 27, 2026. This departure follows the completion of his second consecutive term as an Independent Director.Sharma, whose Director Identification Number (DIN) is 06707535, also stepped down from the Committees of the Board of Directors where he served as a member.The company expressed its appreciation for Sharma's contributions during his tenure. The composition of the Board of Directors remains compliant with the requirements of the Companies Act, 2013 and Listing Regulations.Details Regarding DepartureParticularsMr. Amitabh Kumar Sharma (DIN...

TARC Limited Makes Interest Payment on Non-Convertible Debentures TARC Limited announced on March 28, 2026, that it has made an interest payment to its Non-Convertible Debenture holders.The payment details are as follows:sl. No.ParticularsDetails (Amount in Rs.)1 IISININEOEKgOTO5OZIssue size409,00,00,000JInterest Amount to be paid on due date68,62,38,3234Frequency - quarterly/ rnontlilyYearly5Change in frequency of payment (if any)No7Interest paynent record date16/03/20268Due date for interest payment (DD/MMA/YYY)31/03/20269Actual date for interest p:ryment (DD/MMIYYYY)27/03/202610Amount of interest p4rd68,62,39,323The company secretary, Amit Narayan, confirmed the payment. No details regarding...

Prismx Global Ventures Ltd. Shareholders Approve Resolutions at EOGM Prismx Global Ventures Limited announced that all resolutions presented at its Extra Ordinary General Meeting (EOGM) held on March 26, 2026, were duly approved by shareholders. The meeting was conducted through Video Conference/Other Audio Video Means.As of the record date of March 19, 2026, the company had 71,346 shareholders. A total of 67 members attended the meeting through Video Conferencing.The resolutions included the reclassification of persons forming part of the promoter/promoter group from the 'Promoter & Promoter Group Category' to the 'Public Category.'According to the consolidated results of the remote e-voting and e-voting conducted during the...