Markets

Poddar Pigments Limited Commences Commercial Production of Color Masterbatches Poddar Pigments Limited announced the commencement of commercial production for an additional 6,000 metric tons per annum of Color Masterbatches on March 27, 2026. The expansion, situated at the Chaksu Plant in Unit Chaksu, Greater Sitapura Industrial Park, Jaipur, Rajasthan, increases the company's total production capacity from 8,030 metric tons per annum.The capital expenditure for this expansion totaled Rs. 1090.01 lakhs, aligning with Poddar Pigments Limited's overall growth strategy. The company is listed on the Bombay Stock Exchange (BSE) under code 524570 and the National Stock Exchange of India (NSE) under symbol PODDARMENT.Source:

Sri Chakra Cement Ltd. to Sell Assets to J. K. Cement Limited Sri Chakra Cement Limited announced on March 27, 2026, that its Board of Directors approved the sale and disposal of certain assets, including plant and machinery from the company’s Grinding Unit and land parcels. The transaction involves a sale agreement with J. K. Cement Limited.The assets currently are not operational and do not contribute to the company's business operations. The sale aligns with Sri Chakra Cement's strategy of rationalizing and monetizing non-core assets. The proposed transaction is not expected to have a material impact on the company’s ongoing operations.The aggregate consideration for the asset sale is approximately ₹ 8.08 Crores, subject to...

Fiberweb India Ltd. Announces Directorate Changes and Committee Reconstitution Fiberweb India Ltd. announced changes to its board of directors and the reconstitution of several committees on Friday, March 27, 2026.Mrs. Soniya Sheth resigned from her position as director, effective March 27, 2026, due to personal reasons. Subsequently, the company appointed Mrs. Reena Gupta as an additional non-executive director, also effective March 27, 2026. Mrs. Gupta is the spouse of Mr. Bhavesh Sheth and daughter-in-law of Mr. Pravin Sheth, who are existing directors of the company. She holds a graduate degree and brings international experience from a Fortune 500 company.Following Mrs. Sheth’s resignation, the company reconstituted its...

Birla Estates Announces First Redevelopment Project in Mumbai with a Luxury Residential Development in Khar (W) Mumbai, March 27, 2026: Birla Estates Private Limited (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited), announced its entry into the redevelopment market with its first project in Mumbai Metropolitan Region (MMR). The project, a redevelopment of Anmol Co-operative Housing Society and Bhartiya Bhavan Co-operative Housing Society in Khar West, Mumbai, is being developed in a joint arrangement with Parinee Real Estate Builders.The project has a saleable area of 2.9 lakh sq.ft and an estimated revenue potential of INR 1,700 crore. The development will...

PNB Gilts Limited Appoints Pankaj Kumar as Deputy Chief Executive Officer PNB Gilts Limited announced the appointment of Pankaj Kumar as Deputy Chief Executive Officer, effective March 27, 2026. The appointment was made by the Board of Directors during a meeting held on March 27, 2026.Mr. Kumar, currently an Asst. General Manager at Punjab National Bank (PNB), will serve as Senior Management Personnel for the company.Mr. Kumar holds a B.Sc. from Vinoba Bhave University, along with CAIIB, Dip. in Treasury, Investment & Risk Management from IIBF, and a Post Graduate Diploma in Business Administration from Symboisis University. He brings over 22 years of experience in the banking industry, specializing in areas such as risk management...

Jupiter Life Line Hospitals Secures Land Allotment for New Hospital Jupiter Life Line Hospitals Limited announced it has received acceptance of a tender from the Mumbai Metropolitan Region Development Authority (MMRDA) for land allotment on a lease basis. The allotment pertains to land measuring approximately 10,026.44 square meters situated at plot no. SF5 in GTxT-Block of Bandra-Kurla Complex, Maharashtra.The land is being leased for a period of 80 years and involves a one-time lease premium of approximately Rs. 354 Crores. The company intends to develop a 400-bed hospital on the land, subject to obtaining necessary statutory and regulatory approvals.Below is a summary of the key details of the land allotment agreement.Key...

Renol Polychem Limited Acquires 51.00% Stake in Harmony Ply-Lam Limited Renol Polychem Limited announced the successful acquisition of a 51.00% equity shareholding in Harmony Ply-Lam Limited on March 27, 2026. This acquisition makes Harmony Ply-Lam Limited a subsidiary of Renol Polychem Limited.The acquisition is described as a strategic decision aimed at expanding Renol’s vision for inorganic growth. The transaction involved a consideration of 56.15 Rs. per share, totaling 16,03,112 shares acquired, representing 11.02% of the total acquisition. The post-acquisition holding stands at 51.00%.Harmony Ply-Lam Limited, incorporated on January 2, 2015, manufactures laminates, solid surface sheets, particle boards, plywood sheets, and...

Rubfila International Limited Obtains Shareholder Approval for Director Continuation Rubfila International Limited announced on March 27, 2026, that shareholders approved the continuation of Shaukat Hasanali Merchant’s directorship as an Independent Director. The decision was reached through a postal ballot conducted via electronic voting.According to a report by Scrutinizer CS Sreekumar P S of SVJS & Associates, the remote e-voting facility was open from February 24, 2026, at 9:00 A.M. IST to March 25, 2026, at 5:00 P.M. IST.A total of 2,84,87,904 shares were voted through the e-voting facility. The resolution to continue Mr. Merchant’s directorship received 2,84,85,603 votes in favor, representing 99.99% of the votes cast and...

JK Cement Limited Acquires Cement Grinding Assets from Sri Chakra Cement Limited JK Cement Limited announced today, March 27, 2026, that its Board of Directors has approved an agreement to acquire cement grinding assets and land from Sri Chakra Cement Limited. The acquisition includes 0.24 million tonnes per annum (MnTPA) of cement grinding assets, which have been non-operational since April 2025, and 34 acres of land owned by multiple landowners including Envean Enterprises Private Limited, Sri Chakra Cement Limited & K Sanjay Kumar, located in Vizianagaram, Andhra Pradesh.The total consideration for the asset purchase is Rs. 28.79 crores. The transaction is contingent upon finalization and execution of definitive agreements and the...

Siemens Energy India Announces Senior Management Changes Siemens Energy India Ltd. announced changes to its senior management personnel on March 27, 2026. The changes were approved by the Board of Directors at a meeting held on that date, which commenced at 12:31 p.m. (IST) and concluded at 12:37 p.m. (IST).Departing Executives:Vaibhav Agwan will step down as Execution Unit Head (Competence Hub), effective March 31, 2026, to pursue opportunities within Siemens Energy AG group. Samit Sachdeva will cease to be Execution Unit Head (Grid Technologies - Transformer) on March 31, 2026, to pursue opportunities within the Siemens group. Aditya Mittal will resign as Execution Unit Finance Head (Grid Technologies - Grid Solutions), effective...

Britannia Industries Announces Departure of Chief Sales Transformation Officer Britannia Industries Ltd. announced on March 27, 2026, that Abhishek Sinha, Chief Sales Transformation Officer, has resigned to pursue an opportunity outside the company. The resignation was submitted on January 21, 2026.According to the terms of his employment, Sinha will step down from his role effective March 31, 2026.Britannia Industries Limited, based in Bengaluru, Karnataka, acknowledged Sinha’s contributions and expressed gratitude for his support, guidance, and cooperation during his tenure.Source:

Federal Bank to Receive ₹489.60 Crore Refund from Income Tax Department The Federal Bank Limited announced on March 27, 2026, that it has received orders from the Income Tax Department, Corporate Circle 2 (1), Kochi, impacting assessment years 2015-16 and 2017-18. The orders, issued under Section 254 of the Income Tax Act, 1961, reflect a decision from the Income Tax Appellate Tribunal (ITAT) dated August 13, 2024.According to the orders received on March 26, 2026, the aggregate amount refundable to the bank, including interest under Section 244A of the Income-tax Act, totals ₹489,60,20,918.DetailAmount (₹)Refundable Amount (AY 2015-16 & 2017-18)489,60,20,918The bank has requested that the stock exchanges take note of this...

Nitin Spinners Limited Acquires Stake in CGE ll Hybrid Energy Private Limited Nitin Spinners Limited announced on March 27, 2026, that its Investment Committee approved the execution of a Power Supply Agreement and Share Purchase Agreement with CGE ll Hybrid Energy Private Limited.The acquisition, which does not constitute a related party transaction, involves the purchase of 6.66% equity shares in CGE ll Hybrid Energy Private Limited. The total cost of acquisition amounts to Rs.95202020, with a value of Rs.10 per share. Payment will be made through an online banking system.CGE ll Hybrid Energy Private Limited was incorporated on December 2, 2021, and is a subsidiary of Continuum Green Energy Limited. The company is engaged in power...

Coal India Announces ₹3300 Crore Investment in Coking Coal Washeries Kolkata – Coal India Limited (CIL) announced plans to establish eight new coking coal washeries with a combined washing capacity of 21.5 Million Tonnes per Year (MT/Y). The project represents a capital outlay of ₹3300 crores.The new washeries, slated to be operational by Fiscal Year 2030, complement CIL’s existing ten washeries, which currently possess a cumulative capacity of 18.35 MT/Y.In addition to the new construction, CIL will invest ₹300 crores in the renovation and modernization of its existing coking coal washeries. Five of the new washeries will be located within Central Coalfields Limited (14.5 MT/Y), while three will be situated in Bharat Coking Coal...

Dr. Lal PathLabs Schedules Board Meeting to Review FY26 Financial Results Dr. Lal PathLabs Ltd. announced that a board meeting is scheduled for Thursday, April 30, 2026, to review and approve the audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026.In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s code for prevention of insider trading, the trading window for securities of Dr. Lal PathLabs will be closed from April 1, 2026, to May 2, 2026, inclusive.Source:

TV Today Network Ltd. Schedules Board Meeting, Announces Trading Window Closure TV Today Network Ltd. announced a board meeting scheduled for Friday, May 15, 2026. The meeting will focus on reviewing and approving the Audited Standalone & Consolidated Financial Results for the fourth quarter (Q4) and financial year ending March 31, 2026. Additionally, the board will consider and recommend a final dividend, if any, for the Financial Year 2025-26 to be approved by shareholders at the upcoming Annual General Meeting.In accordance with the company's insider trading policy, the trading window for the company's shares will be closed for all insiders from April 01, 2026 to May 17, 2026, inclusive.Source:

QVC Exports Limited Receives Warning Letter from SEBI, Explains Disclosure Delay QVC Exports Limited (NSE: QVCEL) received a warning letter from the Securities and Exchange Board of India (SEBI) on March 17, 2026, regarding non-compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed the receipt of the warning letter to the National Stock Exchange of India Limited (NSE).The SEBI letter cited two instances of non-compliance. Firstly, QVC Exports Limited did not report a variance of Rs. 6.57 lakhs in the utilization of funds earmarked for "Repayment of Unsecured Loan" in a statement filed with the NSE and in its annual report for the fiscal year...

Bayer CropScience Ltd. Receives Penalty Order Related to GST Bayer CropScience Ltd. announced today, March 27, 2026, that it has received a penalty order from the Office of the Assistant Commissioner, Central GST, Division-IV (Narol), Ahmedabad, Gujarat. The order, dated March 26, 2026, pertains to Goods and Services Tax (GST) on outward supply for the financial year 2019-20.The penalty imposed amounts to Rs. 11.87 million. The company has indicated that the order is currently appealable, and an assessment will be made regarding exercising the right to appeal.The company is evaluating the potential impact of the penalty on its financial and operational activities.Source:

Aditya Vision Ltd. Opens Two New Showrooms, Expanding Retail Presence Aditya Vision Ltd. announced the opening of two new showrooms on March 27, 2026. The company, listed on the BSE and NSE with Scrip Code 540205 and Symbol AVL, has expanded its retail network with the new additions.The new showrooms are located in Uttar Pradesh. The showroom in Kannauj is situated at G.T. Road, Makrand Nagar, Kannauj- 209726, and represents the company’s 198th showroom. The second showroom is located on Pharenda Road, Shastri Nagar, Jila Udyog Chauraha, Maharajganj-273303, marking the company’s 199th showroom.S.No.Showrooms Name1G.T. Road, Makrand Nagar, Kannauj- 209726, Uttar Pradesh -(198 th Showroom)2Pharenda Road, Shastri Nagar, Jila...

Jupiter Infomedia Ltd. Director Disposes of Shares Jupiter Infomedia Limited announced that Umesh Vasantlal Modi, a Promoter and Managing Director, has disposed of shares in the company. The disclosure, made on March 26, 2026, adheres to the Securities and Exchange Board of India (SEBI) regulations.Modi, who is also a Seller, divested 1,50,000 shares, representing 1.50% of the company’s total share/voting capital and diluted share/voting capital. Prior to the disposal, Modi held 14,27,872 shares, representing 14.25% of the company’s share/voting capital and diluted share/voting capital. Following the sale, his holding decreased to 12,77,872 shares, representing 12.75% of the company’s share/voting capital and diluted share/voting...