Markets

REC Limited Approves Market Borrowing Programme of ₹1,60,000 Crore REC Limited, a Government of India enterprise, announced on March 25, 2026, the approval of a Market Borrowing Programme totaling ₹1,60,000 crore for the financial year 2026-27. The decision was made at a board meeting held on the same day.The approved borrowing programme includes:Domestic Bonds/Debentures: An unspecified amount, encompassing various instruments like Infrastructure Bonds, Zero Coupon Bonds, ESG Bonds, and more, as permitted by regulatory authorities. Capital Gains Tax Exemption Bonds: ₹1,40,000 crore. Rupee Term Loans: An unspecified amount from banks, financial institutions, and other entities. External Commercial Borrowings (ECBs): An unspecified...

MAS Financial Services Limited Allots Debentures on Private Placement Basis MAS Financial Services Limited announced the allotment of 10,000 rated, listed, senior, secured, redeemable, transferable, taxable, non-convertible debentures on a private placement basis. The total nominal value of the debentures is INR 100,00,00,000 (Indian Rupees One Hundred Crore).The debentures, each with a face value of INR 1,00,000 (Indian Rupees One Lakh), have been rated "CARE AA-/Stable" by CARE Ratings Limited. The deemed date of allotment was March 25, 2026, with a final redemption date of March 25, 2029, representing a tenure of 36 months. The interest rate is 8.60% per annum, with monthly interest payments beginning April 25, 2026.The...

Ujjivan Small Finance Bank to Participate in Investor Meet with Cusana Capital Ujjivan Small Finance Bank Ltd. announced an upcoming virtual investor meet with Cusana Capital scheduled for March 26, 2026. The meeting will be held virtually from Bangalore and is scheduled to run from 3:30 PM to 4:30 PM.The company confirmed that no unpublished price-sensitive information will be shared during the meeting. The meeting was finalized with short notice. Any changes to the schedule may occur due to unforeseen circumstances.Further details are available on the bank's website at www.ujjivansfb.bank.in.Source:

Kiran Thummalapalli Increases Stake in Mudunuru Limited Through Open Market Purchases Mudunuru Limited announced that Kiran Thummalapalli, an acquirer and Executive Director, increased his stake in the company through open market purchases between February 26, 2026, and March 23, 2026. The acquisition, made on the BSE Limited, involved 36,115 equity shares.Prior to the acquisition, Thummalapalli held 21,40,781 shares, representing 6.54% of the total share/voting capital and 6.54% of the diluted share/voting capital of Mudunuru Limited. Following the purchase, his holding increased to 21,76,896 shares, reflecting a 6.65% stake.Mudunuru Limited’s total equity share capital stands at Rs. 6,54,40,000, divided into 3,27,20,000 fully paid...

Galaxy Agrico Exports Ltd. Reports Substantial Acquisition of Shares Galaxy Agrico Exports Limited announced a substantial acquisition of shares on March 23, 2026, according to a filing with the Bombay Stock Exchange Limited. Chhaya Gaurang Shah acquired 4,36,500 shares through open market transactions.Prior to the acquisition, Chhaya Gaurang Shah held 8,07,960 shares, representing 4.62% of the total share and voting capital and 4.62% of the total diluted share and voting capital of Galaxy Agrico Exports Limited. Following the acquisition, Shah’s holding increased to 12,44,460 shares, constituting 7.11% of the total share and voting capital and 7.11% of the total diluted share and voting capital.The total equity share capital of...

C2C Advanced Systems Limited Enters Strategic Collaboration with Smart Tech ICT C2C Advanced Systems Limited announced a strategic collaboration with Smart Tech ICT Sdn. Bhd., Malaysia, focused on deploying Smart Infrastructure 4.0 solutions for surveillance and monitoring of critical infrastructure. The partnership will focus on underground electrical and data networks, and perimeter security systems across environments such as airports, ports, and large building clusters.The solution, based on C2C’s proprietary sensor systems integrated with AI/ML-driven analytics, aims to enable early detection of unauthorized access, identify rodent intrusion and environmental risks, provide early warning mechanisms for underground asset...

C2C Advanced Systems Limited Receives Order for WECDIS Systems from Hindustan Shipyard Limited C2C Advanced Systems Limited announced on March 25, 2026, that it has received an order from Hindustan Shipyard Limited (HSL) for the supply of Warship Electronic Chart Display and Information Systems (WECDIS) for Fleet Support Ships being constructed for the Indian Navy.The Fleet Support Ship programme is a logistics-focused initiative of the Indian Navy intended to enhance the operational endurance of naval task forces. These vessels provide support through replenishment of fuel, supply of food, water, and spares, and onboard maintenance support.WECDIS is a military-grade navigation and situational awareness system adapted from...

Sumuka Agro Industries Ltd. Completes Merger with Gujjubhai Foods Private Limited Sumuka Agro Industries Limited announced the completion of the merger with Gujjubhai Foods Private Limited, effective February 23, 2026, following approval from the National Company Law Tribunal (NCLT) Mumbai bench on February 4, 2026. The certified true copy of the NCLT Orders was received on February 16, 2026.As part of the merger, Sumuka Agro Industries Limited issued and allotted 1,38,13,666 fully paid-up equity shares of Rs. 10 each to the equity shareholders of Gujjubhai Foods Private Limited. This followed a share exchange ratio of 7 equity shares of Sumuka Agro Industries Limited for every 4 equity shares of Gujjubhai Foods Private Limited...

Saksoft Ltd Promoter Acquires Shares Through Open Market Noida – March 25, 2026 – Saksoft Limited announced that Mr. Aditya Krishna, a Promoter of the company, has acquired shares through open market transactions. The disclosure was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Mr. Krishna’s acquisition occurred on March 13, 2026, and March 17, 2026, involving a total of 20,000 shares. This transaction increased his holding to 2,78,33,000 shares, representing 21% of the company’s total share/voting capital.Prior to the acquisition, Mr. Krishna held 2,78,13,000 shares, representing 20.98% of the company’s total share/voting capital.The equity share...

Quantam Strategic Advisors LLP Acquires 6.57% Stake in SJ Corporation Ltd SJ Corporation Ltd announced that Quantam Strategic Advisors LLP has acquired 28,50,000 equity shares, representing 6.57%, on a preferential basis. The acquisition occurred on March 20, 2026.According to a filing with the BSE Limited, Quantam Strategic Advisors LLP had no prior holdings in the company. Following the acquisition, Quantam Strategic Advisors LLP now holds 28,50,000 shares, equivalent to 6.57% of SJ Corporation Ltd’s equity.SJ Corporation Ltd’s equity share capital prior to the acquisition was Rs. 83,55,000, divided into 83,55,000 equity shares of Re. 1 each. Post-acquisition, the equity share capital stands at Rs. 4,33,55,000, divided into...

Gurmukh Singh International Limited Acquires Shares in GS Auto International Ltd. Gurmukh Singh International Limited has disclosed the acquisition of equity shares in GS Auto International Limited through open market transactions on March 24, 2026, according to a filing with the BSE Limited.The acquisition involved 3,101 shares, representing 0.02% of the total share/voting capital.Prior to the acquisition, Gurmukh Singh International Limited and its persons acting in concert held a total of 60,58,540 shares, representing 41.74% of the total share/voting capital. Following the acquisition, the total holding increased to 60,61,641 shares, representing 41.76% of the total share/voting capital.Shareholding DetailsThe following...

Apex Advisors LLP Acquires 6.34% Stake in SJ Corporation Ltd Through Preferential Allotment Rajkot – March 25, 2026 – SJ Corporation Ltd announced that Apex Advisors LLP has acquired 27,50,000 equity shares, representing a 6.34% stake, through a preferential allotment. The acquisition was completed on March 20, 2026.According to a filing with the BSE Limited, Apex Advisors LLP did not hold any shares in the company prior to this acquisition. Following the acquisition, Apex Advisors LLP’s total holding stands at 27,50,000 shares, or 6.34% of the company's equity.SJ Corporation Ltd's equity share capital prior to the acquisition was Rs. 83,55,000 divided into 83,55,000 equity shares of Re. 1/- each. The acquisition has increased the...

Take Solutions Launches 'Take.Health' Targeting India's $197 Billion Healthcare Opportunity Chennai, March 25, 2026 – Take Solutions Limited today announced the launch of Take.Health (www.take.health), an AI-driven digital health companion designed to transform everyday lifestyle and medical data into actionable, personalized health intelligence. The platform aims to capitalize on the intersection of digital health, AI, and consumer wellness, generating scalable, recurring revenue streams across retail and enterprise segments.The launch aligns with the Government of India's focus on AI as a development tool and addresses the nation’s USD 370 billion healthcare sector and a USD 197 billion preventive healthcare opportunity.“With...

Swastik Pipe Limited Settles Loan with Vivriti Capital Limited Swastik Pipe Limited announced on March 25, 2026, that it has completed a One-Time Settlement (OTS) with Vivriti Capital Limited regarding a loan account. The company made a payment and settled the outstanding dues.As a result of the OTS, Vivriti Capital Limited has issued a no-dues certificate confirming the completion of the loan, which was originally sanctioned on August 26, 2024, under Ref. No. VCL/SCF/SPL/FY24-25/001 for a facility amount of Rs. 8,00,00,000.The company is continuing discussions with other lenders to pursue OTS or restructuring on a bilateral basis.In a separate communication dated March 24, 2026, Vivriti Capital Limited stated that all pending...

GS Auto International Ltd. Acquires 5,000 Shares Through Open Market GS Auto International Limited announced on March 25, 2026, that Harkirat Singh Ryait, along with persons acting in concert, acquired 5,000 equity shares through an open market transaction on March 20, 2026.Prior to the acquisition, the acquirer and persons acting in concert held a total of 60,53,540 shares, representing 41.71% of the company's total share/voting capital. Following the acquisition, their total holding increased to 60,58,540 shares, representing 41.74% of the total share/voting capital.Harkirat Singh Ryait is part of the promoter group of GS Auto International Limited.The total equity share capital and voting capital of the company stands at Rs...

Bilcare Limited Converts Warrants, Increases Shareholding in Caprihans India Ltd. Pune – Bilcare Limited, the promoter of Caprihans India Limited (CIL), has exercised its right to convert warrants, resulting in the allotment of 3,30,000 equity shares on March 24, 2026. This conversion is part of a series, with previous tranches occurring on March 20 and 23, 2026.The details of the warrant conversions are outlined below:Sr. No.No. of Warrants heldConversion of Warrants into Equity SharesDate of Conversion and allotment of Equity SharesBalance of Convertible Warrants126,80,0003,30,000Tuesday, 24/03/202623,50,000As a result of these conversions, Bilcare Limited’s shareholding in Caprihans India Limited has increased. The...

Bharat Heavy Electricals Announces Leadership Departures Bharat Heavy Electricals Ltd. (BHEL) announced on March 25, 2026, that two members of its senior management have retired from their positions.Shri S Prabhakar, Executive Director (HPBP) based in Trichy, and Rajesh Kohli, Executive Director at the Corporate Office in New Delhi, both superannuated from BHEL on March 24, 2026.The changes affect the company’s leadership structure as follows:S. No.NameDesignation1Shri S PrabhakarExecutive Director (HPBP), Trichy2Rajesh KohliExecutive Director, Corporate Office, New DelhiJaya Mitra, Manager of Corporate Communication, confirmed the changes on behalf of Bharat Heavy Electricals Limited.Source:

Tata Power Completes Transmission Lines Under SEUPPTCL Project, Commissioning of 400 kV Lines National, March 25, 2026: Tata Power announced the successful commissioning of two transmission lines - 400 Kilovolt (kV) Tanda-Gonda and 400kV Gonda-Basti double circuit - spanning 154 circuit kilometres (Ckm) in Uttar Pradesh. This marks the completion of all Extra High Voltage (EHV) transmission lines and substations under the South East UP Power Transmission Company Limited (SEUPPTCL) project.The completed network now includes three 765 kV lines comprising 951 Ckm, fourteen 400 kV lines comprising 566 Ckm, and three 765/400 kV substations with 3460 Megavolt-Amperes (MVA) transformation capacity. The commissioning of these lines, alongside...

SJ Corporation Ltd Acquires Significant Stake Through Preferential Allotment SJ Corporation Ltd announced on March 25, 2026, that Umang Kantilal Savani has acquired 42,61,202 equity shares, representing 9.83% of the company, through a preferential allotment.According to a filing, Savani, a proposed promoter of the company, had previously made a public announcement on January 30, 2026, regarding an open offer. Approval from the Securities and Exchange Board of India (SEBI) for a change in management is currently pending.Prior to the acquisition, Savani and persons acting in concert held no shares in the company. Following the acquisition, the total holding of Savani and persons acting in concert is 42,61,202 equity shares, or 9.83%...

Larsen & Toubro Wins Water Management Project in Assam Mumbai, March 25, 2026 – Larsen & Toubro (L&T) has secured a design-build-operate order from the Guwahati Metropolitan Drinking Water & Sewerage Board in Assam for a water management project designed to deliver a continuous water supply to households in South-East Guwahati.The project aims to enhance the reliability of the city's water infrastructure and includes a comprehensive scope of work. This encompasses the design, supply, installation, construction, testing, and commissioning of a barge-mounted intake system, raw water rising main, water treatment plant, reservoirs, booster pumping station, and distribution network with household service connections.L&T’s...