Markets

Kolte-Patil Developers Ltd. Reaffirms Ratings for Bank Loan Facilities and Non-Convertible Debentures Kolte-Patil Developers Ltd. announced on March 25, 2026, that CRISIL Ratings has reaffirmed ratings for the company's bank loan facilities and Listed Non-Convertible Debentures.The reaffirmed ratings are as follows:Bank Loan Facilities:Total Bank Loan Facilities RatedRs.800 CroreLong Term RatingCrisil AA-/StableShort Term RatingCrisil A1+Non-Convertible Debentures:Rs.206.5 Crore - Crisil AA-/Stable Rs.134.2 Crore - Crisil AA-/Stable Rs.113.65 Crore - Crisil AA-/StableA detailed breakdown of bank-wise facilities is provided in Annexure 1.According to CRISIL Ratings, securities with a Crisil AA-/Stable rating are...

Shemaroo Entertainment Limited Downgrades Credit Rating Shemaroo Entertainment Limited’s long-term bank facilities have been downgraded by CARE Ratings Limited from CARE BB; Stable to CARE BB-; Stable, according to a press release dated March 24, 2026. The amount for the long-term bank facilities was reduced from ₹215.00 crore to ₹195.90 crore.The downgrade reflects a moderation in the company’s operating and financial performance, coupled with continued uncertainty regarding its ability to generate adequate cash flow to meet debt repayment obligations.Financial Performance Shemaroo Entertainment Limited’s consolidated revenue from operations declined by approximately 11% year-over-year to ₹455 crore in the nine-month fiscal year...

Capri Global Capital Ltd. Allots Series 17 NCDs Through Private Placement Capri Global Capital Limited announced the allotment of Senior, Listed, Rated, Secured, Redeemable, Non-Convertible Debentures under Series 17 through a private placement on March 25, 2026. The company allotted Tranche I - 4,700 debentures with a face value of Rs. 1,00,000 each, aggregating to Rs. 47,00,00,000 (Rupees Forty-Seven Crore Only), and Tranche II - 2,000 debentures with a face value of Rs. 1,00,000 each, aggregating to Rs. 20,00,00,000 (Rupees Twenty Crore Only).The debentures are secured and listed on the BSE Limited. Tranche I carries a coupon rate of 9.25% payable annually and matures on March 10, 2036. Tranche II carries a coupon rate of 8.90%...

Sneakrz Launches 9th Store in Delhi, Expanding Retail Presence Brandman Retail’s Sneakrz, a destination for sneaker and street culture, has announced the opening of its ninth retail outlet in India. The new store is located at DLF Midtown Plaza in Moti Nagar, Delhi, a growing retail hub for urban consumers.The store features a curated selection of global sneaker brands including Adidas, Puma, Asics, Saucony, and New Balance, offering a range of options for performance, everyday wear, and street style.According to Arun Malhotra, Founder and Director of Brandman Retail, Sneakrz aims to be a culture-first retail destination, focusing on brand curation, in-store experiences, and engagement with India’s sneaker community. The expansion...

Bikaji Foods International Holds Investor Meetings in Singapore Bikaji Foods International Limited conducted one-to-one meetings with analysts and institutional investors on Wednesday, March 25, 2026, in Singapore. The meetings were held in continuation of a previous communication dated March 19, 2026.During the meetings, the investor presentations, which are available on the company website and stock exchange platforms, were utilized. Management confirmed that no unpublished price-sensitive information was disclosed.The information will also be hosted on the company website at www.bikaji.com.Source:

Glen Industries Ltd. Promoter Group Acquires Shares, Increasing Stake Glen Industries Ltd. announced on March 25, 2026, that Lalit Agrawal (HUF), a member of the Promoter Group, has acquired 10,800 equity shares in the company. The acquisition amounted to Rs. 791,208.00, with shares purchased at a price of Rs. 73.26 each.The acquisition has resulted in an increase in the total shareholding of the Promoter and Promoter Group from 73.37% to 73.42% of the company’s total paid-up equity share capital. The transaction was conducted in compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, ensuring adherence to minimum public shareholding requirements.Source:

Vardhman Polytex Limited Allots 75,00,000 Shares Following Warrant Conversion Vardhman Polytex Limited announced the allotment of 75,00,000 equity shares on Wednesday, March 25, 2026, resulting from the conversion of 75,00,000 warrants. The allotment was approved by the company's board of directors during a meeting held on the same day.The equity shares, with a face value of Re. 1 each, were allotted at a price of Rs. 12.55 per share, including a premium of Rs. 11.55 per share. This conversion follows the receipt of Rs. 7,05,93,750, representing 75% of the issue price per warrant from the allottees.Oswal Holding Private Limited was the sole allottee involved in the conversion. Following the allotment, the company’s paid-up equity...

Polyplex Corporation Limited to Invest in Clean Max Neht Private Limited for Solar Power Acquisition Polyplex Corporation Limited announced on March 25, 2026, that its Board of Directors approved an investment of up to Rs. 1,100 Lakh in Clean Max Neht Private Limited, a special purpose vehicle (SPV). The investment is intended to secure equity for the purchase of solar power for the company’s plants in Khatima and Bazpur.Clean Max Neht Private Limited was incorporated on November 10, 2025, in Mumbai. The transaction is not considered a related party transaction, and the company's promoters or group companies have no interest in the SPV.The investment aims to meet green energy needs, optimize energy costs, and comply with regulatory...

Polyplex Corporation Limited to Invest in Solar Energy Project Polyplex Corporation Limited announced on March 25, 2026, that its Board of Directors approved an investment of up to Rs. 110 Lakh in BECIS Solar 1 Private Limited (BECIS). The investment aims to install solar energy projects under an Opex model at the company’s Khatima and Bazpur plants.BECIS Solar 1 Private Limited, incorporated on May 9, 2024, and based in Pune, is focused on developing and constructing solar power projects. According to financial records, the entity reported a turnover of Rs. 36.98 Lakh for the financial year 2022-23.The transaction, which is not considered a related party transaction, will involve the company entering into a Share Subscription and...

EMS Limited Releases Pledge on Promoter’s Shares EMS Limited announced on March 25, 2026, the release of a pledge against shares held by Promoter Ramveer Singh. The release occurred as part of the repayment of a loan of 15.00 Crores from Jio Credit Limited.According to a filing with the BSE Limited and the National Stock Exchange of India Limited, Ramveer Singh, a promoter of EMS Limited, released 14,15,000 pledged shares.The following table summarizes the details of the released encumbrance:DetailValueName of the Target CompanyEMS LimitedDate of ReportingMarch 25, 2026Name of the PromoterMr. Ramveer SinghNumber of Shares Released14,15,000Percentage of Total Share Capital Released2.54%LenderJio Credit Limited...

Angel Fibers Ltd. Responds to Price Movement Inquiry Angel Fibers Ltd. (Symbol: ANGEL, ISIN: INE339ZOI011) clarified its position regarding recent price movements in its scrip, responding to an inquiry from the BSE Limited dated March 24, 2026.The company stated that it has previously disclosed all information relevant to its operations, performance, and any price-sensitive data within the timeframe mandated by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Angel Fibers Ltd. confirmed it has not withheld any material information and believes the observed price movement is attributable to market sentiment and supply/demand dynamics among existing and prospective investors. The company asserted that management...

HDB Financial Services Schedules Board Meeting, Announces Trading Window Closure HDB Financial Services Ltd. announced a board meeting scheduled for Wednesday, April 15, 2026. The meeting agenda includes the approval of the audited standalone financial results for the quarter and year ended March 31, 2026, and consideration of a final dividend on equity shares for the financial year 2025-26. The board will also consider the approval for borrowing funds through the issuance of non-convertible securities on a private placement basis, potentially in multiple tranches.In accordance with the SEBI (Prohibition of Insider Trading) Regulations, a trading window for the company's promoter, designated persons, directors, and their immediate...

Shri Hare-Krishna Sponge Iron Limited Appoints Secretarial and Internal Auditors Kolkata – Shri Hare-Krishna Sponge Iron Limited announced the appointment of M/s Anuradha Acharya & Co. as the company’s Secretarial Auditor for the financial year 2025-26 and M/s R D N A AND CO LLP as the Internal Auditors for the financial year 2026-27. The decisions were made at a Board of Directors meeting held on March 25, 2026, which commenced at 5:30 PM and concluded at 6:05 PM.M/s Anuradha Acharya & Co. is a Delhi-based firm specializing in corporate laws, governance, and regulatory compliance. M/s R D N A AND CO LLP, based in Raipur, Chhattisgarh, provides a range of services including audit, taxation, and corporate consultancy.Details of...

Intrasoft Technologies Limited Announces Resignation of Chief Financial Officer Intrasoft Technologies Limited announced on March 25, 2026, that Mohit Jha, the company’s Chief Financial Officer and Key Managerial Personnel, has resigned from his position. The resignation will be effective from May 24, 2026.According to a filing, Jha is leaving to pursue other professional opportunities. He has served as Chief Financial Officer for the past 13 years.The company expressed appreciation for Jha’s contributions during his tenure.Details regarding the resignation, as outlined in a table, are as follows:DetailInformationNameMr. Mohit JhaDesignationChief Financial OfficerReason for ChangeResignationEffective DateMay 24...

Silkflex Polymers (India) Limited Announces Resignation of Independent Director Silkflex Polymers (India) Limited announced that Mr. Sugoto Ghosh has resigned from his position as Independent Director, effective March 25, 2026. Consequently, Mr. Ghosh has also ceased to be the Chairman of the Nomination and Remuneration Committee, and a member of the Audit Committee and Stakeholders Relationship Committee.Mr. Ghosh cited other professional engagements and commitments as the reason for his resignation. He confirmed that there were no other material reasons for his departure.As of March 25, 2026, Mr. Ghosh held directorships in Blue Water Logistics Limited, where he served as an Independent Director and member of the Nomination and...

Artson Ltd. Appoints Additional Director and Re-appoints Key Personnel Artson Ltd. announced several key board decisions following a meeting held on March 25, 2026. The company appointed Mr. Neeraj Agrawal as an Additional Director (Non-Executive), effective March 25, 2026. Mr. Agrawal, a Mechanical Engineer with over 3 decades of experience in the EPC industry, currently holds a leadership position within Tata Projects Limited, responsible for Project Controls, Procurement, IT and Digitization, Project Management Office, Central Engineering, Corporate Safety and Corporate Quality. He is not related to any existing directors.The Board also approved the re-appointment of Mr. Jyotisman Dasgupta as an Independent Director for a second...

Silkflex Polymers (India) Limited Appoints Secretarial Auditor Howrah, India – March 25, 2026 – Silkflex Polymers (India) Limited announced the appointment of Ms. Insiya Nalawala of M/s. Insiya Nalawala and Associates as the company’s Secretarial Auditor for the financial year 2025-2026. The appointment was made during a board meeting held on Wednesday, March 25, 2026.Ms. Nalawala, a practicing Company Secretary with Membership No. F13422, COP No. 22786, and Peer Review No. 5443/2024, brings experience in Company Law, Securities Law, and Labour Law. She is an Associate Member of the Institute of Company Secretaries of India.According to company disclosures, Ms. Nalawala is not related to any director of Silkflex Polymers (India)...

Nucleus Software Exports Limited Extends Sabbatical Leave for Executive Director Nucleus Software Exports Limited announced on March 25, 2026, that the Board of Directors has approved an extension of sabbatical leave for Executive Director, Dr. Ritika Dusad, for an additional period of up to one year.Dr. Dusad, who has over three years of experience with the company, is currently pursuing a management development program and trainings to enhance her business management skills during her sabbatical. The sabbatical also allows her to explore potential business interests that could benefit both her and the company. She is expected to resume her responsibilities upon completion of the leave.Source:

Silkflex Polymers (India) Limited Announces Board Updates Silkflex Polymers (India) Limited announced several key changes following a board meeting held on Wednesday, March 25, 2026. The meeting, which commenced at 4:00 P.M. and concluded at 5:00 P.M., addressed several corporate governance matters.Mansi Pathak (Membership No.: A75093) has been appointed as Company Secretary and Compliance Officer, effective March 25, 2026. The company has also appointed M/s Insiya Nalawala & Associates (Membership No.: F13422, COP No. 22786, Peer Review No.: 5443/2024) as Secretarial Auditor for the financial year 2025-2026.Krishan Jaisansariya (DIN: 11391586) has been appointed as an Additional Director (Non-Executive Independent Director) for a...

Silkflex Polymers (India) Limited Appoints New Company Secretary Silkflex Polymers (India) Limited announced the appointment of Ms. Mansi Pathak as Company Secretary and Compliance Officer, effective March 25, 2026. The appointment was made during a Board Meeting held on Wednesday, March 25, 2026.Ms. Pathak holds Membership No. A75093 and eCSIN No. EA075093G000095817. She is an Associate Member of the Institute of Company Secretaries of India and possesses experience in Company Law, Securities Law, and Insolvency Law. Ms. Pathak is not related to any Director of the company.The term of her appointment will be determined by the Board of Directors following consultation with Ms. Pathak.Source: