Markets

TeleCanor Global Ltd. Explores Development of Industrial Park in Andhra Pradesh TeleCanor Global Ltd. announced on March 25, 2026, that its Board of Directors has approved exploring the development of an industrial park project. The project is planned for a 72-acre land parcel located in Rambilli Mandal, Anakapalli District, Andhra Pradesh, near the proposed Google AI hub.The potential industrial park is envisioned as a "plug-and-play" ecosystem encompassing manufacturing, logistics, warehousing, and ancillary services.Preliminary plans suggest the following tentative sectoral allocation:SectorAllocationManufacturing / Industrial (including high-tech and precision units)30% - 40%Logistics & Warehousing25% - 35%MSME /...

Avio Smart Market Stack Collaborates with US Companies for Aquaculture Ecosystem Development National, March 25, 2026 – Avio Smart Market Stack Limited (ASMS), formerly known as Bartronics India Limited, announced a strategic memorandum of understanding (MOU) with Aquasafra Holdings, Inc. (AHI) and Waterfield Farms, Inc. (WFI), USA, to develop technology-driven aquaculture and fisheries ecosystems.The collaboration aims to establish scalable and commercially viable aquaculture models by integrating Aquasafra’s advanced tilapia genetics with ASMS’s rural distribution infrastructure and digital ecosystem, which reaches over 5,000 villages and millions of rural participants. Aquasafra brings to the partnership over three decades of...

Lupin Receives Tentative FDA Approval for Pitolisant Tablets Mumbai, India, Naples, Fl, March 25, 2026 – Lupin Limited announced it received tentative approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application for Pitolisant Tablets, 4.45mg and 17.8mg. The product will be manufactured at Lupin’s Nagpur facility in India.The U.S. FDA has tentatively approved Lupin's Pitolisant Tablets 4.45mg and 17.8 mg as bioequivalent to Wakix® for the indication in the approved labeling.Lupin Limited is a global pharmaceutical company headquartered in Mumbai, India, with operations in over 100 markets. The company focuses on pharmaceutical products, including branded and generic formulations...

PG Electroplast Limited Addresses LPG Supply Constraints, Normalizes Room AC Production PG Electroplast Limited (PGEL) announced on March 25, 2026, that it has largely resolved production disruptions related to liquefied petroleum gas (LPG) supply constraints. The company initially flagged concerns on March 9, 2025, stemming from geopolitical tensions and instability impacting LPG suppliers, particularly due to the ongoing war in the Middle East region.These constraints had previously affected Room AC production at some of PGEL’s facilities. The company has been actively assessing the situation and exploring alternative energy sources.PGEL successfully identified and installed alternative solutions to LPG at its production...

Avantel Ltd. Receives Rate Contract Worth Rs. 459.90 Crores from Zetwerk Manufacturing Businesses Limited Avantel Ltd. announced today, March 25, 2026, that it has received a rate contract from Zetwerk Manufacturing Businesses Limited. The contract, with reference number ZMBL/Avantel/RTIS/01255079A/01, is valued at Rs. 459.90 Crores, exclusive of taxes.The contract involves the supply of satellite communication equipment along with a one-year comprehensive onsite warranty and a five-year comprehensive annual maintenance contract (AMC) support. The execution period for the contract is three years.Here’s a summary of the key details:ParticularsDescriptionName of the entity awarding the order(s) / contract(s)M/s. Zetwerk...

Garware Hi-Tech Films Ltd. to Hold Board Meeting to Approve Annual Plan Garware Hi-Tech Films Limited announced that a meeting of its Board of Directors will be held on Monday, March 30, 2026, to consider and approve the Annual Business/operational plan of the Company. The meeting will be conducted in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Garware Hi-Tech Films Limited is listed on the Bombay Stock Exchange with Scrip Code 500655 and on the National Stock Exchange of India Limited with Trading Symbol GRWRHITECH.Source:

JB Chemicals & Pharmaceuticals Appoints New Directors and Managing Director JB Chemicals & Pharmaceuticals Ltd. announced that its shareholders approved the appointments of several directors via postal ballot. Mr. Aman Mehta was appointed as both a Director and Managing Director, effective January 21, 2026, for a term of 3 years. Mr. Amal Kelshikar, Mr. Hasmukh Patel, and Mr. Sudhir Menon were also appointed as Non-Executive Non-Independent Directors.Mr. Mehta, currently Managing Director of Torrent Pharmaceuticals Limited, holds a Bachelor's degree in Economics from Boston University and an MBA from Columbia University. He has extensive experience within the Torrent Group, including roles in Power and Pharmaceuticals.Mr. Kelshikar...

Grindwell Norton Limited Announces Trading Window Closure Mumbai – Grindwell Norton Limited, a Saint-Gobain company, announced a trading window closure for its securities, effective April 1, 2026. This action is in accordance with the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code of Conduct.The trading window will remain closed until 48 hours after the audited financial results for the quarter and year ending March 31, 2026, are publicly released. This measure is intended to prevent insider trading and ensure fair practices for all investors.Source:

Ardi Investment and Trading Company Ltd. Appoints New Director, Announces Resignations Ardi Investment and Trading Company Ltd. announced several leadership changes following a board meeting held on March 24, 2026.Mr. Suraj Thakor has been appointed as an Executive Director of the company, effective March 24, 2026, for a period of five years. Mr. Thakor holds a graduation degree and brings over three years of experience in business development and team leadership. He is not currently a director of any other listed or unlisted entities and is not debarred from holding office by any regulatory authority.Meanwhile, Mr. Karan Vidhyutbhai Purani resigned from his position as Executive Director, effective March 25, 2026. Ms. Nidhi Kumari...

Kizi Apparels Ltd. Allots Convertible Warrants Worth ₹89.28 Crore Kizi Apparels Ltd. announced on March 24, 2026, that its Board of Directors approved the allotment of 23,04,000 convertible warrants to promoters and public category investors. Each warrant entitles the holder to convert it into one fully paid-up equity share with a face value of ₹10.00 within 18 months. The warrants were allotted at a price of ₹15.50 per warrant, including a premium of ₹5.50 per warrant.The total consideration for the allotment amounts to ₹89.28 crore. Investors will pay 75% of the issue price at the time of exercising the option to convert the warrants into equity shares.Details of the allottees and the consideration paid are as follows:Sr...

Shirpur Gold Refinery Limited’s Committee of Creditors Resumes Meeting Shirpur Gold Refinery Limited held an adjourned meeting of its Committee of Creditors (CoC) on Tuesday, March 24, 2026. The meeting, initially scheduled for Friday, March 20, 2026, resumed at 4:00 p.m. and concluded at 4:40 p.m.The company operates under Corporate Insolvency Resolution Process. Ashish Vyas serves as the Resolution Professional for Shirpur Gold Refinery Limited, with IBBI Regn. No.: IBBI/IPA-001/IP-P-01520/2018-2019/12267. His IBBI Regd. Email is ashishvyas2006@gmail.com.Source:

Kalpesh Patel Acquires 2.34% Stake in SJ Corporation Ltd Through Preferential Allotment SJ Corporation Ltd announced that Kalpesh Patel has acquired 10,15,050 equity shares, representing 2.34% of the company’s total share/voting capital, through a preferential allotment. The acquisition occurred on March 20, 2026.Prior to this acquisition, Patel, a proposed promoter of the company, held no shares in SJ Corporation Ltd. Following the acquisition, Patel’s total holding represents 2.34% of the company’s total diluted share/voting capital.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...

Clean Max Enviro Energy Solutions Ltd. Issues Corporate Guarantees for Subsidiaries Mumbai – March 25, 2026 – Clean Max Enviro Energy Solutions Ltd. announced today that it issued corporate guarantees for its subsidiaries, Clean Max Narmada Private Limited and Clean Max Iguazu Private Limited, on March 24, 2026.The corporate guarantees were extended to lenders as security for term loan facilities availed by the subsidiaries. Clean Max Narmada Private Limited received a guarantee for an amount of 33.85 Crore Indian Rupees, while Clean Max Iguazu Private Limited received a guarantee for 30.50 Crore Indian Rupees.According to the company, the promoter group and group companies have no interest in this transaction, and the guarantees...

Sanathan Textiles Announces Trading Window Closure Sanathan Textiles Ltd. has announced the closure of its trading window, effective April 1, 2026. This action is in accordance with the company’s code of conduct designed to regulate and monitor trading activities by promoters, directors, designated persons, and connected persons.The trading window will remain closed until 48 hours after the audited financial results for the quarter and year ended March 31, 2026, become publicly available.Jude Patrick Dsouza, Company Secretary and Compliance Officer for Sanathan Textiles Limited, made the announcement. The company’s stock trades under the symbol 544314 on the National Stock Exchange of India Limited.Source:

Cyberscope, a TAC InfoSec Subsidiary, Partners With TON to Expand Web3 Security Business Mumbai – March 25, 2026 – Cyberscope, the Web3 security subsidiary of TAC InfoSec Ltd. (NSE:TAC), announced a strategic partnership with TON, or The Open Network, to strengthen TAC InfoSec Limited's Web3 security footprint and tap into a fast-growing Layer 1 blockchain ecosystem.The agreement aims to provide Cyberscope greater access to projects building on TON, a blockchain network associated with Telegram’s global user and developer base. Cyberscope will offer smart contract audits, protocol risk assessments, and developer-focused security support to teams within the TON ecosystem.Under the partnership, Cyberscope expects to deliver audits...

Manappuram Finance to Consider Borrowing Program, Debt Securities Issuance Manappuram Finance Limited has announced that a meeting of its Board of Directors is scheduled for Monday, March 30, 2026. The meeting’s agenda includes consideration and approval of a borrowing program encompassing the issuance of redeemable non-convertible debentures, notes, bonds, and other debt securities.The company intends to issue these securities in both onshore and offshore markets through private placement and/or public issue, as well as other permissible borrowing modes for the financial year 2026-27.The announcement was made following a reference number SEC/SE/218/2025-26 from India International Exchange (IFSC) Ltd. dated March 24, 2026. The...

Olympic Cards Ltd. Receives Fine Waiver from BSE Olympic Cards Ltd. (Scrip code: 534190) has received a waiver of fines levied by the Bombay Stock Exchange (BSE) related to non-compliance with certain provisions of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015. The decision follows a review by the BSE's Internal Regulatory Oversight and Review Group on March 20, 2026.The company’s representations for waiver of fines were considered, taking into account written submissions from Olympic Cards Ltd. The waivers are attributed to factors including the impact of the COVID-19 pandemic and prolonged illness of the Company Secretary, which led to inadvertent omissions in...

Oriana Power Limited Receives EPC Orders for 32 MW Solar Power Projects Oriana Power Limited announced on March 25, 2026, that it has received three separate fixed price contract purchase/work orders for setting up ground mounted solar power projects aggregating to 32 MW capacity, along with Battery Energy Storage Systems (BESS) of 20 MWh capacity.The scope of work includes end-to-end execution of the solar power projects, encompassing design, supply, installation, testing, commissioning, and Operation and Maintenance (O&M) services for a period of 2 years.The aggregate EPC contract value for the three work orders is ₹1,62,68,20,000, and the aggregate O&M contract value is ₹1,00,00,000, both amounts being exclusive of applicable...

Brainbees Solutions Limited Resolves Income Tax Assessment Discrepancy March 24, 2026 – Brainbees Solutions Limited (NSE: FIRSTCRY, BSE: 544226) announced a significant rectification in an income tax assessment for the Assessment Year 2022-23. The adjustment follows an earlier communication on January 31, 2026, regarding an initial assessment order.The Office of the Assistant Commissioner of Income Tax, Central Circle 1(1), Pune, had previously issued an order and notice of demand dated January 30, 2026, totaling Rs. 31,36,30,330. This figure stemmed from an addition of Rs. 93,57,99,520 to the company's total income for the year.Following an application by the company and subsequent review by the authority, the total income for AY...

Ambuja Cements Receives ‘Care EDGE - ESG 1+’ Rating Ambuja Cements Limited has been assigned an ESG rating of 'Care EDGE - ESG 1+' by CARE ESG Ratings Limited. The rating signifies a leadership position in managing environmental, social, and governance (ESG) risks, attributed to the company’s best-in-class disclosures, policies, and performance.The rating was assigned on March 24, 2026. Further information will be available on the company’s website at www.ambujacement.com.Source: