Markets

ICONiQ White Whisky Surpasses 10 Million Cases Milestone Mumbai, March 23, 2026 – Allied Blenders and Distillers Limited (ABD) announced that its flagship brand, ICONiQ White Whisky, has surpassed 10 million cases in fiscal year 2026. The achievement marks a significant milestone, demonstrating one of the fastest growth trajectories within the Prestige & Above spirits segment.Launched in September 2022, ICONiQ White Whisky initially debuted in select markets of East and North India before expanding nationally. Sales reached 0.32 million cases in fiscal year 2023. Momentum accelerated in fiscal year 2024, with volumes rising to 2.27 million cases. This growth trajectory continued in fiscal year 2025, with the brand reaching 5.7 million...

Federal Bank Allots Shares Under Employee Stock Option Schemes Federal Bank Limited announced the allotment of equity shares following the exercise of stock options under its Employee Stock Option Schemes (ESOS). The allotments occurred on March 22, 2026, as approved by the Nomination, Remuneration, Ethics and Compensation Committee.The bank allotted 6,100 equity shares with a face value of Rs. 2 each under the ESOS 2010 Scheme. Additionally, 2,11,112 equity shares, also with a face value of Rs. 2 each, were allocated under the ESOS 2017 Scheme. All shares were allotted after payment of money by the allottees.Source:

Z-Tech (India) Limited Opens Waste to Wonder Park in Moradabad Z-Tech (India) Limited, a sustainable infrastructure and environmental solutions provider, has opened Waste to Wonder Park (SAAT AJOOBE PARK) in Moradabad, Uttar Pradesh. The park was inaugurated by Hon'ble Cabinet Minister Anil Kumar, Ministry of Science & Technology, Innovation and Research, Government of Uttar Pradesh.The park transforms waste materials into sculptures and immersive experiences inspired by world-famous monuments. It features replicas of iconic Indian landmarks, such as the Gateway of India and Nalanda, alongside miniature versions of the Seven Wonders of the World, including the Statue of Liberty and the Eiffel Tower. The park aims to promote education...

Shalby Limited Inaugurates Oncology Department with Advanced Radiotherapy Facilities Shalby Limited announced the inauguration of a new Oncology Department and advanced Radiotherapy facilities at Krishna Shalby Hospital in Ahmedabad. The expansion aims to provide comprehensive cancer treatment to patients in a single location.The newly launched oncology services are supported by a team of medical, radiation, and surgical oncologists. Krishna Shalby Hospital is now equipped to offer integrated cancer care with a focus on specialized diagnosis and treatment utilizing advanced technology and a patient-centric approach. The initiative will serve patients in and around Ahmedabad, ensuring timely diagnosis and effective treatment.Source:

Sri Nachammai Cotton Mills Ltd. Closes Trading Window Ahead of Financial Results Sri Nachammai Cotton Mills Limited has announced the closure of its trading window for equity shares, effective April 1, 2026. The closure is in accordance with the company’s Code of Conduct for the prevention of insider trading, aligning with the SEBI (Prohibition of Insider Trading) Regulations of 2015 and subsequent amendments.The trading window will remain closed until 48 hours after the audited financial results for the quarter and year ended March 31, 2026, are declared. This measure restricts trading activity by designated individuals and their immediate relatives to prevent potential insider trading.The announcement was made on March 23, 2026...

Vintage Securities Ltd. Announces Trading Window Closure Vintage Securities Ltd. announced on March 23, 2026, the closure of its trading window for company insiders. The closure, in accordance with the company’s Code of Conduct for Prohibition of Insider Trading, aligns with Securities and Exchange Board of India (SEBI) regulations.The trading window will be closed for all insiders, including directors and designated persons, starting April 1, 2026.The trading window is expected to reopen 48 hours after the announcement of the company’s audited financial results for the quarter and financial year ending March 31, 2026.Source:

Oswal Yarns Ltd. Announces Trading Window Closure Oswal Yarns Limited has announced the closure of its trading window for equity shares, effective Wednesday, April 1, 2026. This decision aligns with the company's adherence to the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015, and its internal code of fair disclosure.The trading window closure applies to the company's Promoters, Directors, Key Managerial Personnel, Designated Employees, connected persons, and their immediate relatives. The window will remain closed until 48 hours after the audited financial results for the quarter and financial year ended March 31, 2026, are publicly released.The date for the board meeting to...

GM Breweries Ltd. Schedules Board Meeting to Review Financial Results and Consider Dividend GM Breweries Ltd. announced that a meeting of its Board of Directors will be held on Thursday, April 9, 2026, at 11:30 A.M. via audio-visual means. The primary agenda of the meeting is to review and approve the audited financial results for the quarter and year ending March 31, 2026.The Board will also consider the declaration of a dividend on the company’s equity shares for the financial year 2025-2026.Source:

Vishnusurya Projects and Infra Limited Incorporates Wholly Owned Subsidiary Vishnusurya Projects and Infra Limited announced the incorporation of a wholly-owned subsidiary, Vishnusurya Projects and Infra Thoothukudi Private Limited, on March 20, 2026. The new subsidiary is registered under the CIN U08990TN2026PTC191142.The subsidiary's authorized share capital is Rs. 15,00,000 divided into 1,50,000 equity shares of Rs. 10 each. The company has fully subscribed to 1,00,000 of these shares.The subsidiary will focus on mining of minerals and metals, civil construction and infrastructure development, and real estate development in the Thoothukudi region of Tamil Nadu. This expansion is intended to increase the company’s operational...

Vintage Coffee and Beverages Limited Commences Commercial Production at Expanded Facility Vintage Coffee and Beverages Limited ('VCBL') announced the successful commissioning of an additional 4,500 metric tons per annum (MTPA) capacity on March 23, 2026, as part of its brownfield expansion project for soluble coffee. The expansion is located at a wholly owned subsidiary's instant coffee manufacturing facility near Rachur Village, Veldanda Mandal, Nagar Kurnool District, Telangana.With this expansion, VCBL’s total installed production capacity has increased to 11,000 MTPA from 6,500 MTPA.Mr. Balakrishna Tati, Chairman and Managing Director of Vintage Coffee and Beverages Ltd ., stated that the new equipment is performing...

PNGS Reva Diamond Jewellery Reports Significant Sales Increase on Gudhi Padwa PNGS Reva Diamond Jewellery Limited announced a substantial increase in revenue for Gudhi Padwa, marking the end of Fiscal Year 2025-2026. The company reported revenue of Rs. 73.004 million, a significant rise compared to Rs. 20.818 million recorded during the previous year’s Gudhi Padwa, which concluded Fiscal Year 2024-2025.This represents a year-over-year increase of 2.51 times in revenue for the company during this period.Source:

Time Technoplast Subsidiary, PowerBuild Batteries, Receives CPRI Certification Time Technoplast Ltd. announced that its subsidiary, PowerBuild Batteries Private Limited, has received a Certificate of successful test completion from the Central Power Research Institute (CPRI) under standard IS 1651:2013 for its OPzS stationary batteries, also known as Tubular Batteries in transparent SAN (Styrene Acrylonitrile) containers (TBS).The certification covers PowerBuild’s 2V OPzS battery variants in capacities of 10Ah, 20Ah, and 300Ah. These batteries are designed for long service life and reliable performance and are increasingly adopted in the power utility sector, including generation and transmission facilities, offshore oil rigs...

Kuantum Papers Ltd. Announces Trading Window Closure Kuantum Papers Ltd. has announced the closure of its trading window for directors, Key Management Personnel (KMPs), connected persons, designated persons, and their immediate relatives. The trading window will be closed from April 1, 2026, until 48 hours after the audited financial results for the fourth quarter and fiscal year ending March 31, 2026, are declared.The measure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s Code of Conduct for Prevention of Insider Trading. During this period, these individuals are restricted from trading in the company's securities.The date for the board meeting to declare the audited financial...

K2 Infragen Ltd. Secures INR 85 Crore Order from Karnataka Power Transmission Corporation Limited Gurugram, 23rd March, 2026 – K2 Infragen Ltd., an engineering and core infrastructure company, announced it has secured an INR 85 crore project from Karnataka Power Transmission Corporation Limited. The project involves the development of multiple 220 KV transmission lines and establishing 2x20 MVA 110/11 KV substations in Karnataka.The order was awarded to K2 Infragen Ltd. in consortium with M/s Om Associates Pvt. Ltd., and the entire project will be executed by the consortium. The order increases the company's unexecuted order book to INR 461 crore, up from INR 376 crore as of February 2026.“K2 Infragen is on its way to become the...

Whirlpool of India Ltd. Approves Employee Stock Option Plan 2026 Gurugram, India – March 23, 2026 – Whirlpool of India Limited announced today that its Board of Directors has approved the formulation, adoption, and implementation of the Whirlpool of India Employee Stock Option Plan 2026 (ESOP 2026).The ESOP 2026 will allow the granting of options up to 2% of the company’s total paid-up capital as of March 31, 2025, in one or more tranches. The plan is in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.Shareholders will be sought to approve the ESOP 2026 through a postal ballot in accordance with the Companies Act, 2013 and the Securities and Exchange Board...

Eco Recycling Ltd. Appoints Additional Independent Director Mumbai – March 23, 2026 – Eco Recycling Ltd. announced the appointment of CA Shri Uttam Prakashji Agarwal as an Additional Director (Non-Executive Independent Director), effective March 21, 2026. The appointment was made during a board meeting held on March 21, 2026, and is subject to shareholder approval at the next general meeting.CA Shri Uttam Prakashji Agarwal (DIN: 00272983) brings three decades of experience in taxation, finance, and restructuring. His background includes statutory audits, concurrent audits, and special audits for various organizations, including public sector banks and petroleum companies. He has also served as a Technical Advisor on the boards of...

LMW Ltd. Announces Trading Window Closure LMW Ltd. announced a closure of its trading window starting Wednesday, April 1, 2026. This closure is in accordance with the company's Code of Conduct and aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015.The trading window will remain closed until 48 hours after the audited financial results for the quarter and year ended March 31, 2026, are declared. The date for the board meeting to consider these results will be communicated later.During this period, designated individuals and their immediate relatives are prohibited from trading in the company's securities.Source:

Sunshield Chemicals Ltd. Announces Closure of Trading Window Sunshield Chemicals Ltd. has announced the closure of its trading window, effective April 1, 2026. This action is in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.The trading window will remain closed until 48 hours after the audited financial results for the quarter and year ended March 31, 2026, are approved by the Board of Directors and subsequently filed with the stock exchange.The date for the upcoming Board Meeting, where the financial results will be reviewed, will be announced in due course, as per the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations...

IFGL Refractories Resumes Operations at Kandla Manufacturing Facility IFGL Refractories Limited announced the resumption of operations at its Kandla manufacturing facility, located in the Kandla Special Economic Zone, Gujarat, on March 23, 2026. The facility, which utilizes Liquified Petroleum Gas (LPG), experienced a previous operational disruption detailed in a disclosure dated March 20, 2026.With the restart, all product lines at the Kandla works are now fully functional. The company stated it will continue to monitor the situation closely and take measures to mitigate any ongoing impact, which remains outside of its direct control.Further information is available on the company’s website at...

Euro Pratik Sales Ltd. Acquires 51% Stake in Chawla Brothers for ₹ 33.20 Cr Mumbai, March 23, 2026: Euro Pratik Sales Limited has announced the acquisition of a 51% stake in Chawla Brothers, a decorative surfaces business in North India. The acquisition is valued at ₹ 33.2 crore, including a capital infusion of ₹ 4.1 crore. The transaction is expected to be completed by March 31, 2026, and will be funded through internal accruals. The business is projected to generate revenue of ₹ 80 crore in FY27.This acquisition marks Euro Pratik’s second strategic acquisition in the last four months, following the acquisition of URO Veneer World.Chawla Brothers, founded in 1978, operates across Punjab, Haryana, Jammu & Kashmir, and Himachal...