Markets

Sula Vineyards Receives Central Government Approval for Managing Director Re-appointment Sula Vineyards Limited announced today, March 20, 2026, that it has received approval from the Central Government for the re-appointment of Rajeev Samant as Managing Director and Chief Executive Officer. The approval is under Section 196 read with Schedule V of the Companies Act, 2013.Samant’s re-appointment is for a period of three years, effective April 1, 2026, through March 31, 2029. The decision was initially approved by the company’s board on November 10, 2025, and subsequently ratified by shareholders via postal ballot on December 12, 2025, pending Central Government approval. Samant’s DIN is 00020675.Source:

TVS Srichakra Limited Invests in Navia Two Power Private Limited TVS Srichakra Limited announced an investment of Rs. 3,78,79,138 to acquire 19,863 equity shares of Navia Two Power Private Limited on March 20, 2026. The shares were purchased at a face value of Rs. 10 each and a premium of Rs. 1,897.02 per share.This acquisition increases TVS Srichakra’s total shareholding in Navia to 25,778 equity shares, representing a 5.92% stake in the company’s paid-up equity share capital.Navia Two Power Private Limited, incorporated in August 2024, is a Special Purpose Vehicle engaged in generating and selling electricity using non-conventional sources. The investment aligns with regulatory requirements for captive power consumption under...

Wipro Limited Allots Equity Shares Under Stock Unit Plans Wipro Limited announced the allotment of equity shares on March 20, 2026, resulting from the exercise of Employee Stock Options. The company allocated 14,716 equity shares under the ADS Restricted Stock Unit Plan 2004 and 2,73,307 equity shares under the Restricted Stock Unit Plan 2007. These allotments followed the exercise of Employee Stock Options. The company secretary, M Sanaulla Khan, confirmed the allocation.Source:

Kiri Industries Announces Successful Resolution of DyStar Matter, Plans Diversification into Copper and Fertilizer Manufacturing Kiri Industries Limited announced the successful conclusion of the dispute relating to the company’s investment in DyStar, following a final order by the Singapore Court. The resolution resulted in the receipt of USD 689 million, equivalent to approximately INR 5,854 crore, significantly strengthening the company's balance sheet.The company is now entering a new strategic phase focused on long-term growth through diversification into copper and fertilizer manufacturing, alongside continued strengthening of its specialty chemicals platform.Established in 1998, Kiri Industries Limited is a leading...

Central Depository Services (India) Limited Updates on Arbitration Proceedings Central Depository Services (India) Limited (CDSL) announced updates on arbitration proceedings initiated against the company. These proceedings, previously disclosed on July 18, 2025, July 23, 2025, July 28, 2025, August 01, 2025, and August 25, 2025, involve claims from several claimants seeking indemnity for alleged losses stemming from the misutilisation of clients’ securities by Anugrah Stock & Broking Private Limited.The claimants involved are Ketan Shah, Ketan Shah as Karta of Lalit Shah HUF, Prafulla Shah (wife of Late Lalit Shah), Neeta Shah, and Samir Shah.Following the initial filing of statements of claim, the claimants sought directions from...

Kshitij Investments Ltd. Board to Consider Share Acquisition, EGM Kshitij Investments Ltd., now known as Manglam Global Corporations Limited, announced a board meeting scheduled for Wednesday, March 25, 2026, at 4:00 p.m. at the company’s registered office in Hoshangabad, Madhya Pradesh.The board will consider and approve the draft Notice of an Extraordinary General Meeting (EGM) slated for April 27, 2026, to be held via video conferencing or other audio-visual means. A Scrutinizer will be appointed to oversee the e-voting process for the EGM.Key agenda items also include consideration and approval of Related Party Transactions and the acquisition of equity shares of Shri Krishnam Industries Private Limited. The board may also...

Shalibhadra Finance Ltd. Reports Promoter Group Share Purchase Shalibhadra Finance Limited announced that Ayushi Doshi, a member of the promoter group, purchased equity shares of the company on March 20, 2026. The disclosure was made in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.According to the filing, Ayushi Doshi acquired 9,100 equity shares for a value of 8,03,409.53. This purchase increased Doshi's holding to 5,59,100 shares, representing 1.81% of the company’s outstanding equity. Prior to the acquisition, Doshi held 5,50,000 shares, or 1.78% of the company. The shares were acquired on the market.No trading in derivatives related to the company’s securities was reported.Table: Details of Share...

Omnitech Engineering Limited Reports Strong Q3 & 9-Month FY26 Performance Omnitech Engineering Limited reported a significant increase in revenue and profitability for the third quarter and nine months ended December 31, 2025. Revenue from operations for Q3 FY26 reached INR 134.4 crores, an 81.6% year-over-year increase. The company’s EBITDA for the quarter was INR 51.2 crores, up 112.4% year-over-year, with profit after tax at INR 22.23 crores, a 172.7% increase compared to the same quarter last year.For the nine-month period, revenue from operations totaled INR 362.6 crores, reflecting a 54% year-over-year growth. EBITDA for the nine-month period was INR 121.3 crores, an increase of 62.3% year-over-year, while profit after tax...

Reganto Enterprises Ltd Reports Financial Results for Quarter and Half Year Ended September 30, 2025 Reganto Enterprises Ltd. announced its unaudited standalone financial results for the quarter and half year ended September 30, 2025. The company reported a Total Income of 7703.60, a Net Loss from Discontinued Operations of -30.35, and a Profit/ (Loss) for the period from Continuing Operations of 466.51.Key Financial Highlights: The following table summarizes key financial figures:ParticularsQuarter Ended 30.09.2025 (Un-Audited)Half Year Ended 30.09.2025 (Un-Audited)Total Income (I + II)7703.6035910.01Net Loss / (Gain) on Fair Value changes0.000.00Fees And Commission Expenses7658.5835910.01Net Tranlation / Translation...

Rashi Goenka Increases Stake in Gamco Ltd. Through Open Market Acquisition Gamco Ltd. announced that Rashi Goenka, a member of the promoter group, acquired 5,000 equity shares on March 18, 2026, through an open market transaction. This acquisition brings Goenka’s total holding to 1,405,727 equity shares, representing 2.60% of the company's issued and paid-up equity share capital.Prior to the acquisition, Goenka’s holding stood at 1,400,727 equity shares, equating to 2.59% of the total share capital. The total equity share capital of Gamco Ltd. is Rs. 10,80,63,000.00, comprised of 5,40,31,500 equity shares with a face value of Rs. 2 each.Source:

T.T. Brands Limited Acquires Shares in T.T. Limited T.T. Brands Limited announced the acquisition of shares in T.T. Limited between March 18, 2026, and March 20, 2026. T.T. Brands Limited is a promoter group of T.T. Limited and the shares are listed on the BSE and NSE.According to a regulatory filing, T.T. Brands Limited acquired 1,32,455 shares carrying voting rights in T.T. Limited. This acquisition represents 0.0512% of the total share/voting capital and 0.0512% of the total diluted share/voting capital of T.T. Limited.Prior to the acquisition, T.T. Brands Limited held 88,567,108 shares, representing 34.282% of the total share/voting capital. Following the acquisition, the holding increased to 88,699,563 shares, representing...

Active Clothing Co Ltd Announces Acquisition of Warrants by Promoter Group Active Clothing Co Ltd announced on March 20, 2026, that Rajesh Mehra, Renu Mehra, and Kalika Mehra, acting in concert, have acquired fully convertible warrants in the company. Rajesh Mehra acquired 400,000 warrants, Renu Mehra acquired 400,000 warrants, and Kalika Mehra acquired 200,000 warrants, totaling 1,000,000 warrants. These warrants will be converted into equity shares within 18 months on a preferential basis.The acquisition results in a 70.88% holding of the fully diluted post-issue paid-up equity share capital of Active Clothing Co Ltd as of March 19, 2026.Details of the Acquisition The acquisition was made through the allotment of 2,000,000 fully...

RBL Bank Holds Analyst Meet with Capgrow Capital Advisors RBL Bank Ltd. announced it held a one-on-one meeting with Capgrow Capital Advisors LLP via video conference on March 20, 2026, in Mumbai. The meeting was categorized as a "one on one" session.According to a regulatory filing, no unpublished price sensitive information was disclosed during the meeting. The information related to the meeting is available on the bank’s website at www.rbl.bank.in.Source:

Infinium Motors Private Limited Acquires AvenuesAI Shares Infinium Motors Private Limited has acquired 6,02,29,500 equity shares of AvenuesAI Limited through an off-market transaction on March 18, 2026.According to a filing, Infinium Motors Private Limited, a Promoter Group entity, made the acquisition. Mr. Ajit Champaklal Mehta and Ms. Jayshreeben Ajitbhai Mehta, both promoters, also participated as sellers.Prior to the acquisition, the acquirer along with Persons Acting in Concert (PAC) held 95,40,10,982 equity shares, representing 27.29% of the total share/voting capital and 26.95% of the total diluted share/voting capital. Following the acquisition, the holding remains unchanged at 95,40,10,982 equity shares, representing 27.29%...

Fine Organic Industries Limited Announces Inter-se Transfer of Shares Among Promoters Fine Organic Industries Limited announced on March 20, 2026, an inter-se transfer of shares among existing promoter members. The transactions are pursuant to an off-market transaction and in compliance with the Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Mukesh Maganlal Shah, Jayen Ramesh Shah, and Tushar Ramesh Shah are acquiring shares from Anjali Kunal Patil. The transactions involve up to 1,02,200 shares each, representing 0.33% of the company’s outstanding shares. The proposed acquisition date is on or after March 30, 2026. The price for the shares is capped at Rs. 4,300 per share.The...

Akme Fintrade (India) Ltd. Reports Voting Results from Extraordinary General Meeting Mumbai, India – March 20, 2026 – Akme Fintrade (India) Ltd. announced today the results of its Extraordinary General Meeting (EGM) held on Friday, March 20, 2026, via video conferencing. The resolution to consider and approve the issue of warrants on a preferential cum private placement basis to promoter group members was passed with a requisite majority.According to the voting results, a total of 149,425,860 shares were voted in favor of the resolution, out of a total of 149,425,860 shares polled by promoter and promoter group shareholders.The company also received votes from public institutional and non-institutional shareholders...

Fujiyama Power Systems Ltd. Secures Rs. 8.21 Crore Incentive Agreement in Uttar Pradesh Fujiyama Power Systems Limited, formerly Fujiyama Power Systems Private Limited, announced today an agreement with UP Electronic Corporation Limited (UPLC), a subsidiary of the Government of Uttar Pradesh, for an incentive disbursement of approximately Rs. 8.21 Crores. The incentives are granted under the UP Electronic Manufacturing Policy, 2020 (1st Amendment-2022).The agreement pertains to the Phase-I implementation at the company’s Dadri Plant in Uttar Pradesh. The incentives are structured as follows:ParticularsAmount (in Rs.)CriteriaCapital Subsidy7,50,00,000Disbursable in five equal yearly installmentsInterest Subsidy29,61,664@5%...

Tube Investments of India Limited Announces Outcome of Postal Ballot Tube Investments of India Ltd. announced that resolutions were duly passed by its members through a postal ballot on Thursday, March 19, 2026, marking the last date for remote e-voting. The results were based on votes cast between February 18, 2026 (9:00 a.m. IST) and March 19, 2026 (5:00 p.m. IST).The resolutions pertained to the reappointment of Mr. Anand Kumar as an Independent Director and the reappointment of Mr. V S Radhakrishnan as an Independent Director. Both were approved with requisite majority.According to the report by Mr. R. Sridharan of M/s. R. Sridharan & Associates, Practicing Company Secretaries, a total of 116,733 shareholders participated with...

Raj Goenka Acquires Stake in Gamco Ltd. Gamco Ltd. announced that Raj Goenka, a member of the promoter group, has acquired an additional stake in the company through open market transactions between March 18, 2026, and March 20, 2026.The acquisition resulted in a total holding of 1,204,256 equity shares, each with a face value of Rs. 2, representing 2.23% of the company's issued and paid-up equity share capital. Prior to the acquisition, Goenka held 1,171,949 shares, equating to 2.17% of the equity.Gamco Ltd.’s total equity share capital stands at Rs. 10,80,63,000.00, comprised of 5,40,31,500 equity shares with a face value of Rs. 2 each. The diluted share/voting capital of the company remains at Rs. 10,80,63,000.00, consisting of...

Balkrishna Industries Receives Income Tax Assessment Order for Assessment Year 2023-2024 Balkrishna Industries Limited (BKT) announced it received an income tax assessment order for the Assessment Year 2023-2024 from the Assistant Commissioner of Income Tax, Central Circle 3(2) Mumbai. The order, received March 19, 2026, assesses a demand of ₹ 52.11 crores.The assessment order was issued under section 143(3) read with section 144C(3) of the Income-Tax Act, 1961. BKT stated that the tax demand will not impact the company’s financial, operational, or other activities and that the order is appealable. The company is planning to contest the order at the appellate level.Details of the Assessment Order:ParticularsInformation / Remarks...