Markets

Shree Hari Chemicals Export Ltd. Invests in Subsidiary Shakambhari Dyechem Shree Hari Chemicals Export Ltd. announced an investment of 49,49,99,990 Indian rupees (approximately $593,750) in its wholly-owned subsidiary, Shakambhari Dyechem Private Limited (SDPL). The investment was made through a subscription to a rights issue of SDPL equity shares.As a result of the transaction, Shree Hari Chemicals Export Ltd. received an allotment of 49,49,999 fully paid-up equity shares, with a face value of 10 rupees each, on March 23, 2026. The investment is intended to fund SDPL’s capital expenditure requirements for a proposed expansion.Following the acquisition, Shree Hari Chemicals Export Ltd.'s shareholding in SDPL increased from 50,50,000...

Timex Group India Ltd. Receives Order from Tamil Nadu Tax Authority March 23, 2026 – Timex Group India Ltd. has received a demand order from the Office of the Assistant Commissioner (ST) Vadapalani, Chennai, related to the financial year April 1, 2019, to March 31, 2020. The order, issued March 22, 2026, stems from an alleged excess input tax credit availed in Goods and Services Tax (GST) returns.The demand order (Form DRC-07) indicates a discrepancy relating to excess input tax credit under Integrated State Duty (ISD) in Chennai for the specified financial year. The financial impact of the order, including interest and penalties, totals INR 8,845.The company has disclosed the details of the order. The impact on the company’s...

Godawari Power and Ispat Completes Amalgamation of Godawari Energy Limited Godawari Power and Ispat Limited (GPIL) announced the completion of the scheme of amalgamation with its wholly-owned subsidiary, Godawari Energy Limited (GEL), effective March 23, 2026. The amalgamation was sanctioned by the Hon'ble National Company Law Tribunal (NCLT), Cuttack Bench, on March 12, 2026, and subsequently filed with the Registrar of Companies. The Appointed Date for the amalgamation is April 1, 2025.A Corrigendum Order was issued by the NCLT on March 11, 2026, to rectify typographical corrections in the earlier order of March 10, 2026.The scheme of amalgamation was previously intimated on August 5, 2025, August 30, 2025, October 16, 2025...

Solar Industries India Limited Confirms Commercial Paper Redemption Solar Industries India Limited announced the successful redemption of a commercial paper on March 23, 2026. The company fulfilled its payment obligations for the commercial paper amounting to Rs. 100 Crores, issued to Kotak Mahindra Bank Limited on December 23, 2025.The commercial paper with ISIN INE343H14212 matured on March 23, 2026, and the full redemption amount of Rs. 100 Crores was paid on the due date.Below is a summary of the commercial paper details:ISINDue DateActual Date of PaymentINE343H1421223-03-202623-03-2026Source:

Anlon Technology Solutions Limited Board Approves Fundraise of Up to ₹50 Crores Anlon Technology Solutions Limited announced on March 23, 2026, that its Board of Directors has approved a plan to raise funds through the issuance of equity shares or other equity-linked instruments. The total amount approved is up to ₹50 Crores.The company may utilize various methods to raise the capital, including a private placement, Qualified Institutions Placement (QIP), further public issue of equity, or a combination of these options. The price and specific securities to be issued will be determined at a later stage.According to a disclosure, the board may issue securities for an aggregate amount not exceeding ₹50 Crores or an equivalent amount...

Medplus Subsidiary Receives Drug License Suspension Order Medplus Health Services Limited announced that Optival Health Solutions Private Limited, a subsidiary, has received a suspension order for a Drug License affecting one of its stores. The order, issued on March 21, 2026, pertains to a store located on Guthal Road in Mandya, Karnataka.The Assistant Director, Drugs Control Administration, Mandya Circle-Mandya Karnataka, issued the order, suspending the Drug License for a period of three days. The suspension is based on a violation of Rule 65 of the Drugs and Cosmetics Act, 1940 and Drugs and Cosmetics Rules, 1945.Medplus estimates the potential revenue loss associated with the suspension to be Rs 0.37 lacs.Further details are...

Panorama Studios International Ltd. Subsidiary Secures Airborne Rights for Two Films Panorama Studios International Ltd. announced on March 23, 2026, that its subsidiary, Panorama Studios Inflight LLP, has entered into an Assignment Agreement with Indywood Distribution Network. The agreement grants exclusive worldwide rights, including in India, to exploit the airborne rights for the films "Apoorva Puthranmar" and "Parannu Parannu Parannu Chellan.""Apoorva Puthranmar" stars Ashokan, Alencier Ley Lopez, Payal Radhakrishna, and Vishnu Unnikrishnan, and is directed by Rejith RL, Sreejith Vijayan. "Parannu Parannu Parannu Chellan" features Sajin Cherukayil, Sreeja Das, and Sreenath Babu, and is directed by Jishnu Harindra Varma.Yatin...

JSW Dulux Limited Appoints New Directors and Approves Employee Stock Option Scheme JSW Dulux Limited (formerly Akzo Nobel India Limited) announced several key appointments and approvals following a board meeting held on March 23, 2026.The company appointed Mr. Kaustubh Sudhakar Kulkarni as an Additional Non-Executive Non-Independent Director, effective March 23, 2026. Mr. Kulkarni currently serves as Group Head - Banking, M&A and Strategic Financing at JSW Steel Ltd. He brings over 29 years of experience in debt capital markets, financing solutions, and M&A. Ms. Sutapa Banerjee was also appointed as an Additional Independent Director (Woman Director) for a three-year period, ending March 22, 2029. Ms. Banerjee has over three decades...

Trom Industries Limited Receives Purchase Order from Apurvi Industries Private Limited Trom Industries Limited announced on March 23, 2026, that it has received a purchase order from Apurvi Industries Private Limited. The order is for the supply, design, installation, testing, and commissioning of a 225 Kw solar power plant.The contract, awarded by a domestic entity, requires completion within one year. The order is valued at INR 1,00,00,082.81, inclusive of goods and services tax.No promoter, promoter group, or group companies have an interest in Apurvi Industries Private Limited, and the transaction is not considered a related party transaction.Here's a summary of the key details:Sr. No.ParticularsDetails1Name(s) of...

Indogulf Cropsciences Ltd. Appoints Investor Relations Agency Indogulf Cropsciences Limited has appointed M/s Adfactors PR Private Limited as its Investor Relations agency, effective April 1, 2026. The company disclosed the appointment on March 23, 2026.Investors are directed to route future correspondence through Adfactors PR Private Limited or contact the company directly at investors@groupindogulf.com.Key Details of the Agreement The appointment details, presented in the following table, indicate no significant terms beyond the provision of Investor Relations services and confirm no related-party relationships.ParticularsDisclosuresName of partiesM/s Adfactors PR Private LimitedPurpose of agreementInvestor Relations...

Protean eGov Technologies Announces Trading Window Closure Protean eGov Technologies Ltd. has announced the closure of its trading window for designated individuals, effective Wednesday, April 1, 2026. This action is in compliance with the SEBI (Prohibition of Insider Trading) Regulation, 2015, and the company’s code of conduct for insider trading.The trading window closure applies to Directors, Key Managerial Personnel, Identified Employees, and Connected Persons, including their Immediate Relatives. The restriction will remain in effect until forty-eight hours after the declaration of the company’s Audited Financial Results for the Financial Year ended March 31, 2026.The date for the Board Meeting to formally declare the Audited...

Vindhya Telelinks Limited Receives ‘Strong’ ESG Rating Vindhya Telelinks Limited announced on March 23, 2026, that it has been assigned an ESG Rating of '63' under the ‘Strong’ category by ESG Risk Assessments & Insights Limited, a SEBI registered Category-1 ESG Rating Provider. The rating was issued on March 19, 2026, and is accessible at https://india360.esgrisk.ai/Accounts/Ratinglist.The rating was independently determined by ESG Risk Assessments & Insights Limited based on publicly available information pertaining to the company for the Financial Year 2024-25. Vindhya Telelinks Limited confirmed receipt of this information on March 23, 2026, at 10:49 A.M. The company did not engage ESG Risk Assessments & Insights Limited for this...

Nexus Select Trust Redeems Commercial Paper of INR 150 Crore Nexus Select Trust announced the redemption of commercial paper totaling INR 150 Crore on March 23, 2026. The redemption, representing a full repayment, matured on the specified date.According to details released, the commercial paper had an ISIN of INE0NDH14130. A quantity of 3,000 units were redeemed, with the outstanding amount now at NIL. The last interest or redemption payment was made on March 23, 2026.S. No.ParticularsDetails1ISININE0NDH141302Type of redemption (full/ partial)Full8Quantity redeemed (no. of NCDs CPs)3,0009Due date for redemption/ maturityMarch 23, 202610Actual date for redemption (DD/MM/YYYY)March 23, 202611Amount redeemedINR...

Kanpur Plastipack Limited Allots Equity Shares Upon Conversion of Warrants Kanpur Plastipack Limited announced on March 23, 2026, the allotment of 4,66,500 equity shares on the conversion of an equal number of warrants. The allotment was approved by the company’s Preferential Issue Committee. The equity shares were issued to promoters and public category investors at an issue price of ₹130 per share, including a premium of ₹120. Investors paid ₹90 per warrant to exercise their conversion rights.The following table details the allotment of shares to individual investors:Sr. NoName of AllotteesCategory (Promoter- Non Promoter)No. of warrants held (prior to conversion)No. of warrants applied for conversionNo. of Equity Shares...

Allcargo Logistics Announces Trading Window Closure Allcargo Logistics Ltd. has announced the closure of its trading window for designated persons and their immediate relatives, in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company’s Share Dealing Code. The trading window will be closed starting Wednesday, April 1, 2026.The window will reopen 48 hours after the declaration of the audited standalone and consolidated financial results, along with the audit report from the statutory auditors, for the quarter and financial year ending March 31, 2026.The company has notified its designated persons, immediate relatives, and connected persons regarding the closure...

Nestlé India Limited Updates Institutional Investor Following One-on-One Meeting Nestlé India Limited concluded a virtual one-on-one meeting with an institutional investor on March 23, 2026. The meeting, a continuation of a previous engagement on March 9, 2026, reference PKR:SG:JK: 110:2025-26, resulted in no sharing of unpublished price sensitive information. Details of the meeting have been uploaded to the company’s website at www.nestle.in.Nestlé India Limited is listed on the Bombay Stock Exchange (BSE) under Scrip Code 500790 and the National Stock Exchange of India Limited (NSE) under Symbol NESTLEIND.Source:

DCX Systems Secures INR 14.00 Crores in New Purchase Orders DCX Systems Ltd. announced the receipt of new purchase orders totaling INR 14.00 crores from both domestic and international customers. The orders, received on March 23, 2026, are for the manufacture and supply of Cable and Wire Harness Assemblies.The company detailed the order specifics as follows:Sl. No.Nature of Order(s)Name of the CustomerOrder Value1Manufacture and supply of Cable and Wire Harness AssembliesDomestic & International CustomersINR 14.00 CroresThe company secretary, Gurumurthy Hegde, confirmed the receipt of these orders in a filing.Source:

Innovision Limited Submits Fair Disclosure Code Following Regulatory Guidelines Innovision Limited announced on March 23, 2026, that it has framed a Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.The code, which is available on the company's website at www.innovision.co.in, outlines principles and obligations related to the handling of UPSI, including guidelines for prompt public disclosure, uniform dissemination of information, and restrictions on sharing information with analysts and research personnel.Key aspects of the code include establishing a Chief Investor...

YOGI Ltd. Increases Investment in Yogi Horizons LLP, Acquiring 99.99% Stake MUMBAI – YOGI Ltd. announced a further investment of Rs. 19,990 in Yogi Horizons LLP, increasing its stake to 99.99%. This follows a previous intimation dated April 25, 2025, regarding the incorporation of Yogi Horizons LLP.Yogi Horizons LLP was incorporated on April 30, 2025, and operates within the real estate and construction industry. The LLP is considered a related party transaction, conducted at arm’s length.The total contribution to Yogi Horizons LLP now stands at Rs. 99,990.The investment aims to strengthen YOGI Ltd.’s presence in the real estate and construction segment and support business expansion. No governmental or regulatory approvals were...

Trom Industries Limited Receives Purchase Order from Captalo Pharma Private Limited Trom Industries Limited announced on March 23, 2026, that it has received a purchase order from Captalo Pharma Private Limited. The order is for the supply and design, installation, testing, and commissioning of a 125 KW grid interactive solar power plant.The value of the order is INR 34,43,962.50 inclusive of goods and services tax. The project is expected to be completed within one year.According to information provided, the order is from a domestic entity, and neither the promoter group nor group companies have any interest in Captalo Pharma Private Limited. The order does not constitute a related party transaction.Here's a summary of the key...