Markets

Vijay Solvex Limited Receives Demand Order for ITC and Plans Appeal Vijay Solvex Limited announced today, March 27, 2026, that it received a demand order from the Office of the Superintendent, Central Goods and Service Tax Range-II, Alwar, Rajasthan. The order pertains to the alleged wrongful availment and utilization of Input Tax Credit (ITC).The demand includes an amount of Rs. 8,49,978, encompassing Rs. 4,24,989 in ITC and a penalty of Rs. 4,24,989, related to the financial years 2019-20, 2020-21, and 2021-22.According to a company statement, Vijay Solvex Limited intends to file an appeal against the demand order before the appropriate authority, guided by legal counsel and anticipating a favorable outcome. The company stated...

Unilex Colours and Chemicals Limited Appoints New Chief Financial Officer Unilex Colours and Chemicals Limited announced the resignation of Mr. Shankarlal Kedarmal Agarwal from the position of Chief Financial Officer (CFO), effective March 27, 2026. The company expressed appreciation for his contributions.The Board of Directors appointed Mr. Kunal H Vadhani as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective March 28, 2026.Mr. Vadhani possesses over 15 years of experience in finance, accounts, and corporate governance across various industries. His expertise includes financial reporting, regulatory compliance, treasury management, and fund mobilization.Details on CFO Resignation and Appointment...

Pushpa Jewellers Limited Announces Resignation of Independent Director Pushpa Jewellers Limited announced the resignation of Independent Director, Shri Pranay Agarwal, effective March 27, 2026. Agarwal, holding DIN: 02758174, cited personal reasons for his departure.Consequently, Shri Agarwal has stepped down from all committees of the company where he served as Chairman or Member.According to a resignation letter dated March 27, 2026, Agarwal confirmed there were no other material reasons for his resignation besides the stated personal reasons.As of March 27, 2026, Shri Agarwal served as the Chairperson of the Audit and Nomination and Remuneration Committees and a Member of the Stakeholder Relationship Committee.Table: Details...

TruCap Finance Ltd. Receives Interim Order Extension from SAT TruCap Finance Ltd. announced an update regarding an interim order issued by the Securities and Appeals Tribunal (SAT) concerning an open offer. The open offer was given by Marwadi Chandarana Intermediaries Brokers Private Limited, acting as the acquirer, to the shareholders of TruCap Finance Ltd.The matter was reviewed by the Hon'ble Tribunal on March 25, 2026. The appellant was granted a two-week period to file a rejoinder. The Hon'ble Tribunal also decided to extend the interim order until the next hearing, which is scheduled for April 24, 2026. The communication was provided by Sundae Capital Advisors Private Limited.Source:

Torrent Power Acquires 100% Equity in Torrent Urja 47 Private Limited Torrent Power Limited announced the acquisition of 100% of the equity shares of Torrent Urja 47 Private Limited from Torrent Green Energy Private Limited, a wholly-owned subsidiary of Torrent Power, on March 27, 2026. The total consideration for the acquisition was ₹5,00,000, involving 50,000 equity shares at a face value of ₹10 each. The transaction occurred at 6:42 pm on the acquisition date.Torrent Urja 47 Private Limited, incorporated in India on March 19, 2025, has an authorized share capital of ₹5,00,000 and a paid-up share capital of ₹5,00,000, with a turnover of Nil.The acquisition qualifies as a related party transaction and was completed at arm's length...

Maharashtra Scooters Limited Acquires Stake in Bajaj Finance and Bajaj Auto Maharashtra Scooters Limited announced on March 27, 2026, the acquisition of shares in Bajaj Finance Ltd. and Bajaj Auto Ltd. through secondary market transactions.The company acquired 0.0043% stake in Bajaj Finance Ltd. on March 27, 2026, for a cost of Rs. 23.07 crore. The cumulative acquisition up to the date totals 3.0576%, with a total cost of Rs. 94.71 crore.Additionally, 0.0048% of shares were acquired in Bajaj Auto Ltd. on March 27, 2026, for a cost of Rs. 12.03 crore, bringing the cumulative acquisition to 2.4787% and the total cost to Rs. 124.50 crore.Maharashtra Scooters Limited, an unregistered core investment company, stated that these...

Motisons Jewellers Reschedules Board Meeting Motisons Jewellers Limited has announced a rescheduling of its Board of Directors meeting. The meeting, initially scheduled for Friday, March 27, 2026, is now planned for Thursday, April 02, 2026, due to unforeseen circumstances.This change follows an earlier notification issued on March 23, 2026, regarding the original meeting date. The rescheduling has been noted for record-keeping purposes.Motisons Jewellers Limited is listed on the BSE with Scrip Code: 544053, and on the NSE with Symbol: MOTISONS. The company’s CIN is L36911RJ2011PLC035122.Source:

Kranti Industries Ltd. Executes Share Purchase Agreement for Preciso Metall Private Limited Kranti Industries Ltd. announced on March 27, 2026, that it entered into a Share Purchase Agreement with Mr. Sunil Rameshlal Gadiya and Mr. Kunal Vijay Vora for the off-market transfer of shares in Preciso Metall Private Limited (PMPL), a subsidiary of the company.The Board of Directors of Kranti Industries Ltd. approved the proposal on March 25, 2026, to disinvest up to 10,00,000 equity shares, representing 15.22% of the paid-up share capital of PMPL. The Seller, Kranti Industries Ltd., transferred 4,00,000 equity shares to each purchaser at an issue price of ₹10 per share, representing 6.09% equity stake in PMPL.Details of Agreements...

Polyplex Corporation Limited Announces Voluntary Dissolution of U.S. Subsidiary, PAR LLC Polyplex Corporation Limited announced on March 27, 2026, that its step-down subsidiary, PAR LLC, based in the United States of America, has been voluntarily dissolved. The dissolution follows the completion of necessary filings with the Secretary of State of the State of Texas.PAR LLC was a step-down subsidiary of Polyplex Corporation Limited. Following the liquidation of its assets, the full capital contribution along with surplus has been remitted to its immediate parent company.According to financial data from the fiscal year 2024-25, PAR LLC contributed a turnover of NIL (0%) and a net worth of Rs. 15.55 crore (0.25%) to the company.The...

Suzlon Energy Limited Announces Resignation of CEO - Global Operations and Maintenance Services Suzlon Energy Limited announced on March 27, 2026, the resignation of Sairam Prasad, CEO of Global Operations and Maintenance Services. Prasad’s resignation will be effective from the close of business hours on March 31, 2026.According to a company statement, Prasad is relocating to Mumbai for family health reasons. He is not related to any of the company’s directors.Details of Resignation:DetailInformationName of Senior Managerial PersonnelMr. Sairam PrasadReason for ChangeResignation as CEO - Global Operations and Maintenance ServicesDate of CessationClose of business hours on March 31, 2026A resignation letter detailing...

Beacon Trusteeship Limited Appoints New Company Secretary and Additional Director Beacon Trusteeship Limited announced several key appointments and approvals following a board meeting held on March 27, 2026.The company appointed Ms. Diksha Shetty as Company Secretary and Compliance Officer, effective March 27, 2025. Ms. Shetty is an Associate Member of the Institute of Company Secretaries of India, holding membership number A80027.Additionally, Ms. Bonani Roychoudhury (DIN: 10305089) was appointed as an Additional Director (Non-Executive, Non-Independent) of the company, effective March 27, 2026. Ms. Roychoudhury holds an MBA in Finance from ICFAI and an MA in Economics from Guwahati University, along with CAIIB from the Indian...

Meesho Limited Allots Equity Shares Under Employee Stock Option Plan Meesho Limited announced the allotment of equity shares to eligible employees following the exercise of options under its Employee Stock Option Plan 2024 (ESO P 2024 Plan). The Nomination and Remuneration Committee of the Board approved the allotment via a circular resolution on March 27, 2026.A total of 3,63,12,662 equity shares, each with a face value of Re. 1, were allocated. These shares rank equally with existing equity shares of the company.The allotment has increased the company's issued, subscribed, and paid-up equity share capital from Rs. 4,52,77,42,534 (representing 4,52,77,42,534 equity shares) to Rs. 4,56,40,55,196 (representing 4,56,40,55,196 equity...

Securekloud Technologies Remits Penalty Amount as Directed by Securities Appellate Tribunal Securekloud Technologies Limited announced on March 27, 2026, that the company and Mr. Suresh Venkatachari, a Promoter/Director, have remitted a total of Rs. 2,00,00,000 (Rupees Two Crore) and Rs. 1,50,00,000 (Rupees One Crore Fifty Lakhs) respectively, in accordance with an order dated March 6, 2026, from the Securities Appellate Tribunal.The payments fulfill the directions outlined in the tribunal’s order. The company secretary and compliance officer, Jayashree Vasudevan, confirmed the remittance.Source:

Astonea Labs Ltd. Secures Shareholder Approval for IPO Object Variation Astonea Labs Limited announced on March 27, 2026, that its shareholders have approved a variation in the objects of its Initial Public Offer (IPO). The approval was granted at an Extraordinary General Meeting held on the same date, enabling the company to revise the utilization of unutilized IPO proceeds.The company’s Board of Directors had previously approved the proposal for the variation, alongside the acquisition of equity shares in M/s. Damaira Pharmaceuticals Private Limited, at a meeting held on February 27, 2026. Shareholders had also previously approved the acquisition of up to 33.33% equity stake in Damaira Pharmaceuticals Private Limited at the Annual...

NHPC Signs Implementation Agreement for Hydroelectric Projects NHPC Limited announced on March 27, 2026, the signing of an Implementation Agreement with Jammu & Kashmir State Power Development Corporation Limited (JKSPDCL) for the development of the 240 MW Uri-I Stage-II and 260 MW Dulhasti Stage-II Hydroelectric Projects in the Union Territory of Jammu & Kashmir.The projects will be developed by NHPC on a Build-Own-Operate-Transfer (BOOT) basis for a period of 40 years. The agreement was signed in Jammu.Source:

Ugro Capital Ltd. Allots USD 20 Million in Foreign Currency Bonds Ugro Capital Ltd. announced on Friday, March 27, 2026, that its Investment and Borrowing Committee approved the allotment of up to 2,000 senior, secured, rated, listed, redeemable, United States dollar-denominated non-convertible foreign currency bonds through a private placement. The bonds have a face value of USD 10,000 each, aggregating up to a total of USD 20,000,000.The bonds are proposed for listing on India International Exchange IFSC Limited. The tenure of the instrument is 48 months, with a deemed date of allotment of March 27, 2026, and a maturity date of March 27, 2030. The coupon rate is 300 basis points plus Term SOFR to be determined on the Quotation Day...

Indian Railway Finance Corporation Ltd. Addresses Board Composition Concerns and Fines Indian Railway Finance Corporation Ltd. (IRFC) acknowledged observations regarding its Board composition and related committee structures, resulting in fines from the National Stock Exchange of India Limited (NSE) and BSE Limited. The matter was discussed at a Board meeting held March 9, 2026, where directors deliberated on the non-compliance and the imposed fines.IRFC is seeking to expedite the appointment of requisite Independent Directors, including a Women Independent Director, through the Ministry of Railways (MOR), which serves as the appointing authority. The company has also requested the NSE and BSE to waive the fines, citing precedent...

Boss Packaging Solutions Limited Reviews Operations, Approves Quarterly Compliances Boss Packaging Solutions Limited announced on March 27, 2026, that its Board of Directors reviewed business operations during a meeting held on that date. The meeting, which took place at the company’s registered office in Vatva, Ahmedabad, commenced at 5:30 P.M. and concluded at 6:15 P.M.The Board also approved quarterly compliances for the period ended December 31, 2025, and considered other business matters as outlined in the agenda.The company’s NSE Symbol is BOSS, and its ISIN is INE0QNI01012.Source:

Pajson Agro India Ltd Appoints New CFO, Announces CFO Resignation Pajson Agro India Ltd announced the appointment of Mr. Nitan Garg as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective April 1, 2026. The appointment was approved by the Board of Directors on March 27, 2026, following recommendations from the Nomination and Remuneration Committee and approval from the audit committee.Mr. Garg brings over 18 years of experience in finance across various sectors including FMCG, Beverage, Alcobev, Pharmaceutical, and Agro-Commodity. He has a demonstrated ability to drive financial performance, streamline operations, and lead finance functions.Simultaneously, the company announced the resignation of Mr. Ajit...

Central Bank of India Faces Penalty for Compliance Lapses Central Bank of India announced that the Reserve Bank of India (RBI) has imposed a penalty of Rs. 63.60 lakh for non-compliance with provisions related to ‘Know Your Customer (KYC)’ and ‘Financial inclusion - Access to Banking Services - Basic Savings Bank Deposit Account (BSBDA)’.The penalty was issued via a letter dated March 27, 2026, and is being levied in accordance with sections 47A(1)(c), 46(4)(i), and 51(1) of the Banking Regulation Act, 1949. The notification was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Chandrakant Bhagwat, Company Secretary & Compliance Officer, Central Bank of India...