Markets

Salem Erode Investments Ltd. Supersedes Right Issue Approval, Announces Fresh Fund Raise Salem Erode Investments Ltd. announced on Tuesday, March 24, 2026, that its Board of Directors has superseded the previous approval for a rights issue granted on April 4, 2025. The company has approved a fresh resolution to raise funds through the offer and issuance of fully paid-up equity shares with a face value of ₹ 1 each, for an amount not exceeding ₹ 2,293.11 Lakhs.The rights issue will be offered to eligible equity shareholders as on a record date to be determined and notified subsequently. The company clarified that the resolution does not represent a new or additional offer but a fresh approval for the previously intended issuance, with a...

Indian Railway Catering and Tourism Corporation Addresses Exchange Fines, Announces CIRO Change Indian Railway Catering and Tourism Corporation Limited (IRCTC) announced that its Board of Directors addressed fines levied by the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) for the quarter ended December 31, 2025, during a meeting held on March 24, 2026. The company received fines totaling ₹542,200 each from both exchanges concerning non-compliance with Regulation 17(1) of the SEBI (LODR) Regulations, 2015, specifically regarding board composition and the failure to appoint a woman director.The Board noted that the non-compliance was beyond the company's control and that proactive steps were taken to inform and...

Wipro Limited Grants Restricted Stock Units to Employees Wipro Limited announced on March 24, 2026, that it has granted a total of 532,407 ADS Restricted Stock Units and 10,664 Restricted Stock Units to identified employees. The grant is effective as of March 24, 2026, and is administered under the Company’s Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024.The vesting schedule and exercise period for these units were approved by the Nomination and Remuneration Committee of the Board.Source:

Prima Plastics Ltd. Receives NCLT Order, Sets Effective Date for Demerger Prima Plastics Limited announced today, March 24, 2026, that it has received the Certified True Copy of the order from the Hon'ble NCLT, Ahmedabad Bench, sanctioning the Scheme of Demerger between Prima Plastics Limited and Prima Innovation Limited.The Scheme involves the demerger of Prima Plastics Limited (the Demerged Company) and Prima Innovation Limited (the Resulting Company) along with their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.Prima Plastics Limited has designated March 31, 2026, as the effective date for the Scheme. The company will authorize its signatories to...

Modern Engineering and Projects Ltd. Appoints Company Secretary, Approves Inter-Corporate Deposit Modern Engineering and Projects Ltd. announced several corporate updates following a board meeting held on March 24, 2026.The company appointed Mrs. Devanshi Kevin Shah as Company Secretary & Compliance Officer, effective March 24, 2026. Mrs. Shah is an Associate Member of the ICSI with experience in corporate governance, compliance management, and board meeting facilitation.The board also approved the availing of an Inter-Corporate Deposit (ICD) from Jetra Infrastructure Private Limited, a related party. The transaction, valued at INR 9,50,00,000 (Rupees Nine Crores and Fifty Lakhs only), is considered to be in the ordinary course of...

Bosch Home Comfort India Ltd. Appoints Rishi Mehta as Executive Director-Finance & CFO Bosch Home Comfort India Limited announced the appointment of Mr. Rishi Mehta as Executive Director-Finance & CFO, effective April 1, 2026. The decision was made by the Board of Directors at a meeting held on March 24, 2026.Mr. Mehta’s appointment term is from April 1, 2026, to September 30, 2028.Mr. Rishi Mehta is a Chartered Accountant with a Postgraduate degree in Commerce and over 20 years of experience in the finance function across the Automotive, Air Conditioning, and Information Technology industries. His expertise includes strategic planning, problem-solving, change management, and decision-making. He previously held leadership roles at...

Aequs Limited Announces Resignation of Chief Financial Officer Aequs Limited announced on March 24, 2026, that Chief Financial Officer Dinesh Iyer has resigned from his position, effective June 30, 2026. Iyer’s resignation is due to personal reasons.According to a filing, Iyer will be relieved from his duties at the closure of business hours on June 30, 2026. He submitted his resignation letter on March 24, 2026. Iyer confirmed there are no material reasons for his resignation beyond personal considerations and will assist with the transition of his responsibilities.Reason for ChangeDetailsReason for ChangeResignation due to personal reasonsDate of CessationJune 30, 2026Brief ProfileNot ApplicableRelationshipsNot...

Nestlé India Ltd. to Review Financial Results on April 21, 2026 Nestlé India Limited announced it will consider audited financial results for the fiscal year ending March 31, 2026, at a board meeting scheduled for Tuesday, April 21, 2026.In conjunction with this event, the trading window for the company's securities will be closed from April 1, 2026, to April 23, 2026, inclusive.Source:

Phantom Digital Effects Limited Appoints New Directors and Senior Management Phantom Digital Effects Limited announced several key appointments following a board meeting held on March 24, 2026.The company approved the appointment of Mr. Armugam Narayana (DIN:10689254) as an Additional Director in the category of Non-Executive - Independent Director for a term of five years, commencing March 24, 2026, and expiring March 23, 2031. Mrs. Vandana Bhojgaria (DIN:09686637) was also appointed as an Additional Director designated as Non-Executive - Independent Director, for a five-year term effective from March 24, 2026 to March 23, 2031. Both appointments are subject to approval by the company's members.The board also reconstituted several...

Sharika Enterprises Bags Smart Grid Order from L&T for Varanasi Project Noida, March 24, 2026 – Sharika Enterprises Ltd has secured a significant order from Larsen & Toubro Limited for the supply of communicable Overhead Fault Passage Indicators (FPIs) for a Revamped Distribution Sector Scheme (RDSS) project in Varanasi. The order is for 998 Nos. of Communicable FPIs, ultimately serving Paschimanchal Vidyut Vitran Nigam Limited (PVVNL).The project aims to bolster network reliability and automation within PVVNL’s distribution network. Sharika Enterprises will supply advanced communicable FPIs, designed to enable real-time fault detection, faster fault localization, and improved restoration times. These systems are expected to enhance...

Crayons Advertising Limited Appoints Additional Director Crayons Advertising Limited announced the appointment of Mr. Navratan Baid as an Additional Director (Non-executive Independent Director) effective March 24, 2026. The appointment was approved at a Board of Directors meeting held on the same date. The appointment is subject to shareholder approval at the ensuing general meeting.Mr. Baid, who holds a Commerce degree from Delhi University, brings extensive business experience since 1980, encompassing manufacturing, marketing, and import/distribution businesses. He is not related to any other director of the company. The Board confirmed that Mr. Baid is not debarred from holding the office of Director.The Board also reconstituted...

Dhariwalcorp Limited Receives In-Principal Approval for Share Listing Dhariwalcorp Limited (DHARIWAL) announced it has received an in-principal approval from the National Stock Exchange of India (NSE) for the listing of 47,007,000 equity shares with a face value of Rs. 2 each. The shares, bearing distinctive numbers from 47007001 to 94014000, are part of a rights issue by the company.The NSE's approval, conveyed in a letter Ref. No.: NSE/LIST/C/2026/0342 dated March 23, 2026, is subject to confirmation from National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL) regarding the credit of beneficiary accounts or dispatch of physical share certificates.Saloni Kachhawa, Company Secretary and...

DCW Ltd. Receives Income Tax Demand Order DCW Ltd. announced today, March 24, 2026, that it received an Income Tax Demand Order from the Assistant Commissioner of Income Tax, Central Circle-1(4), Mumbai.The order, dated March 18, 2026, pertains to the Assessment Year 2024-25 and raises a demand of ₹4.32 crores. According to the company, this demand was erroneously computed as the Assessing Officer did not grant credit for advance tax paid amounting to ₹4.00 crores.DCW Ltd. intends to file a rectification application under Section 154 of the Income Tax Act, 1961, to contest the demand. The company believes the tax demand is not legally tenable and does not anticipate a material impact on its financial position or operations.Source:

Aequs Ltd. Announces Resignation of Chief Financial Officer Aequs Ltd. announced on March 24, 2026, that Dinesh Iyer, the company’s Chief Financial Officer and Key Managerial Personnel, has resigned from his position due to personal reasons. Iyer’s resignation will be effective from the close of business hours on June 30, 2026.According to a filing, Iyer confirmed no material reasons for his departure beyond personal considerations and has committed to assisting with a smooth transition of his responsibilities.Details of ResignationDetailInformationReason for ChangeResignation due to personal reasonsDate of CessationJune 30, 2026Brief ProfileNot ApplicableRelationships between DirectorsNot ApplicableDinesh Iyer...

Aditya Ultra Steel Limited Announces Promoter Share Acquisition Aditya Ultra Steel Limited reported that Mr. Sunny Sunil Singhi, a promoter of the company, has acquired 682,024 equity shares, representing 2.75% of the paid-up share capital, from Ms. Varuna Jain, another promoter of the company. The transaction, executed through an off-market inter-se transfer, occurred on March 24, 2026.Following the acquisition, Mr. Singhi’s holding, along with persons acting in concert, comprises 6,148,800 shares, constituting 24.76% of the total share and voting capital and 27.51% of the total diluted share and voting capital of the company. The total paid-up share capital of Aditya Ultra Steel Limited is valued at ₹24,83,55,680, equivalent to...

Star Health to Host Meetings with Institutional Investors on March 27, 2026 Star Health and Allied Insurance Company Ltd. announced meetings with several institutional investors scheduled for Friday, March 27, 2026, in Mumbai. The meetings were arranged with Abakkus Asset Manager LLP, Sageone Investment Managers LLP, SingularityAMC, and Param Capital.The meeting schedule is as follows:Fund/FirmTime (IST)Abakkus Asset Manager LLP09:30 A.M - 10:30 A.MSageone Investment Managers LLP11:30 A.M - 12:30 P.MSingularityAMC02:00 P.M - 03:00 P.MParam Capital04:00 P.M - 05:00 P.MThe company noted that the meetings were scheduled with shorter notice due to business exigencies and expressed regret while committing to ensuring...

Aditya Ultra Steel Limited Reports Insider Trading Transaction Aditya Ultra Steel Limited announced that Mr. Sunny Singh disposed of shares on March 24, 2026.According to a filing, Mr. Singh, a Promoter, sold 6,820 shares, representing a 0.02476% stake, for ₹19 per share through an off-market inter-se transfer. This resulted in his holding increasing to 68,308 shares, representing a 27.51% stake in the company.The transaction was executed on the market on March 24, 2026, and the company was informed of the transaction on the same date.Details of Change in Holding of SecuritiesName, PAN No. CIN/DIN, & Address of PromoterCategory of PersonType of SecurityNo. and % of Shareholding PriorNo. and % of Shareholding PostSecurities...

ACN Financial Services Acquires Shares in BLB Limited ACN Financial Services Limited disclosed a transaction involving shares in BLB Limited on March 24, 2026, as per Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeover Regulations), 2011.ACN Financial Services Limited, which does not belong to a promoter or promoter group, held 53,17,668 shares, representing 10.06% of the total share and voting capital, and 10.06% of the total diluted share and voting capital of BLB Limited prior to the transaction.The company sold 10,56,868 shares, constituting 2.00% of the total share and voting capital and 2.00% of the total diluted share and voting capital. Following the sale, ACN Financial Services Limited now holds...

TCPL Packaging Further Invests in Subsidiary Creative Offset Printers TCPL Packaging Ltd. announced a further investment in its wholly-owned subsidiary, Creative Offset Printers Private Limited (COPPL), on March 24, 2026. The company was allotted 40,317 equity shares in COPPL, totaling Rs. 2.29 crore.This investment maintains TCPL Packaging’s 100% ownership stake in COPPL, as the subsidiary is a wholly-owned entity.Creative Offset Printers Private Limited was incorporated in India on July 12, 2002, and achieved a total revenue of Rs. 48.62 crore in the financial year 2024-2025. The company manufactures packaging for mobile phone manufacturers and other customers.The investment is intended to support the expansion of TCPL...

Sadhav Shipping Limited Receives Purchase Order Valued at Rs. 63,252,720 Mumbai – March 24, 2026 – Sadhav Shipping Limited announced today that it has received a purchase order from a leading private defense company in India. The order, amounting to Rs. 6,32,52,720, is for charter and value-added services of a vessel.The work order was signed by the client on March 18, 2026, and countersigned by Sadhav Shipping Limited on March 23, 2026. The order is for domestic services and is scheduled to be executed until June 30, 2026. The agreement is based on a charter party agreement between the parties.According to the company, no promoter, promoter group, or group companies have any interest in the entity that awarded the order. The order...