Markets

Vibhor Steel Tubes Ltd. Promoter Acquires Shares Through Open Market Transaction Vibhor Steel Tubes Limited announced that Mr. Vijay Kumar Kaushik, a promoter and director of the company, acquired 8,502 equity shares through an open market transaction on March 19, 2026. The acquisition represents 0.05% of the company's total paid-up capital.Prior to the acquisition, Mr. Kaushik held 40,59,998 shares, representing 21.41% of the total shares. Following the purchase, his holding increased to 40,68,500 shares, now representing 21.46% of the total shares.The shares were acquired on the National Stock Exchange (NSE) at a price of Rs. 112.4315 per share.As of March 19, 2026, Vibhor Steel Tubes Limited’s equity share capital stood at Rs...

Ashok Leyland Invests GBP 30 Million in Optare Plc. Ashok Leyland Ltd. announced a planned investment of up to GBP 30 million (approximately ₹375 Crores) in its subsidiary, Optare Plc. U.K., the transaction is expected to be completed by March 31, 2026.Optare Plc. U.K., incorporated on January 23, 2008, is involved in the manufacture and sale of buses and commercial vehicles. The company's consolidated revenue as of March 31, 2025, was ₹1,232.59 Crores. Optare Plc. is the holding company for the Electric Vehicle initiatives of the company, including Switch Mobility Limited, U.K. and Switch Mobility Automotive Limited.Hinduja Automotive Limited, a promoter of Ashok Leyland, holds 6.52% of the share capital of Optare Plc. The...

Timex Group India Ltd. Board Approves Interim Dividend and Share Redemption Timex Group India Ltd. announced on March 20, 2026, that its Board of Directors approved an interim dividend and the redemption of outstanding preference shares.The Board approved a dividend payment of Rs. 3,08,27,290 for 2,29,00,000 13.88% Cumulative Redeemable Non-Convertible Preference Shares. The dividend, amounting to Rs. 1.388 per share of Rs. 10 each, represents earnings from April 01, 2025 to March 20, 2026. The dividend is scheduled to be paid within 30 days of declaration.In addition, the Board approved the redemption of 2,29,00,000 13.88% Cumulative Redeemable Non-Convertible Preference Shares of Rs. 10 each, which were due for redemption on March...

Rich Universe Network Ltd. Closes Trading Window Ahead of Financial Results Announcement Rich Universe Network Ltd. announced the closure of its trading window for securities, effective April 1, 2026. The closure will remain in effect until 48 hours after the public release of the company’s audited financial results for the quarter and year ended March 31, 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 internal policies governing insider trading and fair disclosure of price-sensitive information. Designated persons and insiders are prohibited from trading in the company’s securities during this period.The date for the...

Cholamandalam Investment and Finance Company Allots Securities in Private Placement Cholamandalam Investment and Finance Company Limited has completed a private placement of secured non-convertible securities on the NSE Electronic Book Platform (NSE EBP). The company allotted 200,000 securities with an aggregate amount of 2000 crore, including a 1000 crore green shoe option.The securities carry a coupon rate of 7.94% and will be paid annually and on the maturity date of March 20, 2029. The tenure of the securities is 3 years. The securities have been listed in the Wholesale Debt Market Segment of the NSE. They are secured at 1x.A compliance certificate confirming the details of the securities allotment was submitted to the Bombay...

Rudra Gas Enterprise Ltd. Discloses Creation of Encumbrance on Shares Rudra Gas Enterprise Limited announced on March 20, 2026, the creation of an encumbrance on equity shares held by Kush Sureshbhai Patel and Kashyap Sureshbhai Patel, both promoters of the company, in favor of Shree Kamdhenu Financial Services Private Limited. This disclosure is in accordance with Regulation 31(1) and Regulation 31(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.The total number of shares encumbered is 20,33,898, representing 24.40% of the company's total share capital. Kush Sureshbhai Patel’s holding of 10,16,949 shares, constituting 12.20% of the total share capital, and Kashyap...

International Data Management Ltd. Declares Non-Registration Under GST Law International Data Management Ltd. announced on March 20, 2026, that it has not obtained registration under the Goods and Services Tax (GST) law. The declaration was made to BSE Limited.According to the statement, International Data Management Ltd. affirms that it will not be eligible to claim input tax credit on invoices issued for goods and services supplied to the company.The company also stated that it will be responsible for notifying the buyer if and when it obtains GST registration. Any changes will be implemented prospectively, meaning the company will not request amendments to prior invoices.Pradeep Tahiliani, Company Secretary & Compliance...

NIS Management Ltd. Subsidiary Secures CCTV Project Order NIS Management Ltd. announced on March 20, 2026, that its subsidiary, NIS Facility Management Services Private Limited, has been awarded a letter of intent for a work order by the West Bengal Electronics Industry Development Corporation Limited. The order involves the restoration of CCTV cameras based on OFC cable laying and associated accessories as part of the 'CCTV project and OFC backbone project in NKGSCCL for entire New Town area'.The total revenue expected from this work order is INR 56,01,303, inclusive of all applicable taxes.According to details released, the scope of work includes restoration of CCTV cameras under the CCTV Project and OFC backbone project in...

Elgi Equipments Limited Notes Operational Impact Due to Middle East Conflict Elgi Equipments Limited announced on March 20, 2026, that operations are facing challenges related to the ongoing war in the Middle East. The company has observed constraints in the availability and pricing of Liquefied Petroleum Gas (LPG), a key input in its manufacturing processes.Supply chain disruptions are also affecting suppliers of raw materials, consumables, plastic components, and paints, potentially leading to a cascading impact on Elgi Equipments’ operations. While the company reports no immediate material impact on operations currently, there are potential risks and uncertainties regarding manufacturing output in the coming weeks, contingent on...

Abril Paper Tech Ltd. Announces Facility Location Change Abril Paper Tech Limited, formerly Abril International, announced on March 20, 2026, a change in plans for a new manufacturing facility. The company’s board of directors, meeting on March 20, 2026, decided against executing a rent agreement for a previously approved location at Block no.9, Plot no.392 to 394, Shubham Textile Hub, Vill-Lindiad Ta-Mangrol Dis-Surat, Gujarat.Instead, the board approved a rent agreement for new premises located at C-8 & C-9, Shivay Campus, Behind Heaven Party Plot, Puna-Valthan Canal Road, Kosamba, Surat-395013, Gujarat. The company is authorized to undertake necessary permanent and/or temporary constructions, alterations, or modifications at...

IFGL Refractories Halts Operations at Kandla Facility Due to LPG Supply Disruption IFGL Refractories Ltd. announced on March 20, 2026, that operations at its Kandla manufacturing facility have been temporarily halted due to a disruption in the supply of Liquified Petroleum Gas (LPG). The disruption stems from an ongoing conflict in the Gulf region and a directive from the Government of India prioritizing LPG supply for domestic consumers, impacting allocations to Oil Marketing Companies.The affected facility, located at Plot Nos. 638-644, Kandla Special Economic Zone, P.O. Gandhidham 370 230, Dist. Kutch, Gujarat, produces goods requiring LPG. The company’s management is monitoring the situation and taking steps to mitigate the...

Apollo Sindoori Hotels Limited Announces Resignation of Company Secretary Apollo Sindoori Hotels Limited announced that Ms. Nadakuditi Achutha Madhavi has resigned from her position as Company Secretary and Compliance Officer, effective June 15, 2026. The resignation is due to personal reasons.According to a filing, Ms. Madhavi will be relieved from her duties at the closing hours of June 15, 2026.ParticularsRemarksReason for changeMs. Nadakuditi Achutha Madhavi tendered her resignation due to personal reasons.Date of cessationJune 15, 2026Source:

Dhanuka Agritech Ltd. Shareholder Resolution Passed Via E-Voting Dhanuka Agritech Ltd. announced on March 20, 2026, that shareholders approved the appointment of Mr. Sanjiv Goel (DIN: 03616090) as an Independent Director for a five-year term. The resolution was passed via a remote e-voting process that concluded on March 19, 2026, at 5:00 p.m. (IST).The voting results, along with a report from Scrutinizer Mr. Ashok Kumar (Membership No.: A55136, COP: 20599) of M/s. VAPN & Associates, Company Secretaries, are available on the company's website at www.dhanuka.com.Voting Results Summary:The following table summarizes the e-voting results for the resolution concerning the appointment of Mr. Sanjiv Goel.General information about...

ZEN Technologies Ltd. Transfers Shares Under Employee Stock Option Plan March 20, 2026 – ZEN Technologies Ltd. announced the transfer of 3,550 equity shares to eligible employees as part of the Zen Technologies Limited Employee Stock Option Plan-2021. The shares were transferred from the Zen Technologies Limited Employees Welfare Trust, which was established to implement the scheme, upon completion of the vesting period. Each share has a face value of ₹ 1.The transferred shares rank pari-passu with existing equity shares, and the paid-up share capital of the company remains unchanged.Details of the Share Transfer:ParticularsDetailsCompany Name and Registered OfficeZen Technologies Limited, B-42, Industrial Estate...

Mufin Green Finance Ltd. Concludes Postal Ballot Voting Mufin Green Finance Ltd. announced the results of its postal ballot voting conducted through remote e-voting on March 20, 2026. The voting period commenced on February 18, 2026, and concluded on March 19, 2026. The company sent a Postal Ballot Notice to its members on February 17, 2026, seeking approval on matters outlined in the notice.According to the voting results, as of the cut-off date of February 13, 2026, the company had 26,816 shareholders. The results, along with a Scrutinizer’s Report dated March 20, 2026, are available on the company's website at www.mufingreenfinance.com and on the website of National Services Depository Limited at www.evoting.nsdl.com.Key Voting...

Kriti Nutrients Ltd. Holds Extraordinary General Meeting Kriti Nutrients Ltd. held its 1/2025-26 Extraordinary General Meeting (EGM) on Friday, March 20, 2026, at 12:00 P.M. and concluded at 12:19 P.M. The meeting was conducted via video conferencing.A total of 47 members attended the meeting through video conferencing, fulfilling the quorum requirement of 30 members as mandated by the Companies Act, 2013.Mr. Shiv Singh Mehta, Chairman of the Company, presided over the meeting. The agenda included approvals for alterations to the company's Memorandum of Association and Articles of Association.Key Resolutions Passed:Alteration of Memorandum of Association: Members approved the insertion of a new clause 35A into Clause III(B) of...

Alkem Laboratories Schedules Investor Meetings Alkem Laboratories Ltd. announced plans for an upcoming meeting with Millennium Capital Management on March 26, 2026. The meeting will be held virtually.The company noted that the meeting schedule is subject to change.Alkem Laboratories, headquartered in Mumbai, Maharashtra, India, reported the meeting schedule in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Source:

Anand Rathi Financial Services Pledges Shares in Anand Rathi Wealth Limited March 20, 2026 – Anand Rathi Financial Services Limited (ARFSL) has pledged shares in Anand Rathi Wealth Limited (ARWL) for availing margin limits. The pledge, created on March 19, 2026, involves 9,70,000 shares, representing 1.17% of ARWL’s total share capital.ARFSL holds a total promoter shareholding of 1,65,34,758 shares, which represents 19.92% of ARWL’s total share capital. The encumbered shares represent 13.73% of ARFSL's total promoter shareholding.The shares were pledged to Bajaj Financial Securities Limited and Suresh Rathi Securities Private Limited. Bajaj Financial Securities Limited is a broking firm.The value of the shares on the date of the...

Stanrose Mafatlal Investments & Finance Ltd. Closes Trading Window Stanrose Mafatlal Investments & Finance Limited has announced the closure of its trading window for designated persons and their immediate relatives. The closure, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, commenced on Wednesday, April 1, 2026.The trading window will reopen 48 hours after the announcement of the company’s financial results for the quarter and financial year ending March 31, 2026, during an upcoming board meeting.Soham Arun Dave, Company Secretary & Compliance Officer, confirmed the action.Source:

Indian Energy Exchange Schedules Meetings with Institutional Investors Indian Energy Exchange Ltd. announced a schedule of meetings with institutional investors, according to a filing.On March 25, 2026, the company will hold a one-on-one virtual meeting with Eastbridge Capital. The company noted that the meeting schedule is subject to change due to potential exigencies from the institutional investors or the company.No unpublished price-sensitive information is expected to be shared during the meeting. The schedule is also available on the company’s website, www.iexindia.com.The announcement was made on March 20, 2026.Source: