Company Disclosures › Sub-category
Restructuring / Divestment
210 articles
Meghmani Organics to Amalgamate Two Wholly-Owned Subsidiaries
Meghmani Organics' board approved a scheme to amalgamate two wholly-owned subsidiaries, Kilburn Chemicals and Meghmani Crop Nutrition, into the parent company.
The amalgamation aims to simplify the gr
Meghmani Organics Board Approves Subsidiaries Amalgamation
Meghmani Organics' board approved a scheme to amalgamate two wholly-owned subsidiaries, Kilburn Chemicals and Meghmani Crop Nutrition, into the parent company.
The appointed date for the amalgamation
Himalaya Food Gets OTS Extension, Pays 50% of Settlement
Himalaya Food International Ltd. secures extension of One Time Settlement (OTS) until September 2026, with 50% (₹21.5 crore) of the ₹43 crore settlement already deposited.
The company has paid ₹77 cro
Clean Max to Sell Wholly-Owned Subsidiary to Hindustan Coca-Cola Beverages
Clean Max Enviro Energy Solutions board approved sale of wholly-owned subsidiary Clean Max Ahhope Private Limited to Hindustan Coca-Cola Beverages.
Transaction valued at INR 35,000, expected completio
Rossari Biotech Subsidiary to Sell Office Premises for Rs. 10 Cr
Rossari Biotech's material subsidiary, Unitop Chemicals, approved the sale of its Mumbai office premises for ~Rs. 10 crores.
The transaction is expected to be completed by end of Q2 FY27 and will not
Astra Microwave MD Steps Down to Lead Demerged Space Unit
Astra Microwave's board granted in-principle approval for demerger of Space, Meteorology & Hydrology business into a separate entity.
Managing Director S. Gurunatha Reddy steps down effective Sep 30,
Setco Automotive EGM to Approve Subsidiary Sale, Name Change
EGM on April 25, 2026, to approve sale of material subsidiary Setco Auto Systems to RSB Transmissions for up to INR 185 crore initial consideration.
Shareholders to vote on changing company name to Sh
Kanoria Chemicals EGM: Two Special Resolutions Passed
Kanoria Chemicals & Industries Limited held an EGM on 1st April 2026, passing two special resolutions with requisite majority.
Item 1 approved increase in Authorised Share Capital and amendment to MoA
MPDL Limited Postal Ballot MOA Amendment
MPDL Limited (BSE: 532723) has issued a Postal Ballot Notice dated February 13, 2026 to amend its Memorandum of Association.
The Special Resolution seeks to insert new sub-clause III(A)(11) covering m
Sodhani Capital Postal Ballot: MoA Alteration, Section 186 Limits
Sodhani Capital Limited (BSE: 544560) filed a Postal Ballot Notice dated March 24, 2026 seeking approval for two Special Resolutions via remote e-voting.
Item 1 proposes amending Object Clause 3(a) of
Covidh Technologies EGM: Name Change to iSERA Lifesciences
Covidh Technologies held its 1st EGM on April 02, 2026, via Video Conferencing, with 34 members attending.
Members approved renaming the company to 'iSERA Lifesciences Limited' with consequential MOA
Cura Technologies EGM Notice: MD Change, Borrowing Limits
Cura Technologies convenes its 1st EGM for FY 2026-27 on April 24, 2026 via VC/OAVM to transact 7 special business items.
Mrs. Sanjana Lagumavarapu resigns as MD; Mr. Saraswathula Sivaramakrishna Moha
GE Power India Demerger Into JSW Energy Approved
GE Power India (GEPIL) received 'No Adverse Observations' from BSE and 'No Objection' from NSE on April 1, 2026 for its demerger scheme.
GEPIL is the Transferor/Demerged Company and JSW Energy Limited
Switching Technologies Gunther EGM MoA Amendment Approved
Switching Technologies Gunther Ltd held an EGM on 31st March 2026 to vote on a Special Resolution for MoA amendment.
The Special Resolution for amendment of Main Objects Clause received 1,001,850 vote
Ashoka Buildcon Extends SPV Stake Sale Deadline
Ashoka Buildcon extends completion date for sale of 6 remaining SPVs to June 30, 2026.
Transaction involves sale to Epic Concesiones 2 and Edelweiss-managed Infrastructure Yield Trust schemes.
Sale of
NCLT Approves Adani Harbour Merger with APSEZ
NCLT Ahmedabad Bench sanctioned the amalgamation of Adani Harbour Services Limited into Adani Ports and Special Economic Zone Limited on April 1, 2026.
Adani Harbour Services Limited is a wholly owned
HCC Assigns ₹1,979 Cr Arbitration Awards to WOS
HCC executed a Deed of Assignment on March 31, 2026, transferring economic interest in arbitration awards worth ₹1,979.09 Crore to its WOS.
The net value of assets transferred is ~Nil, as the awards c
Prime Focus Internal Group Restructuring via Subsidiary Transfers
Prime Focus Limited disclosed two-step internal restructuring transferring PFT US and Brahma India stakes among step-down subsidiaries.
PFT US (100% stake) will be transferred from Brahma India to DNE
Wipro Merges Four Step-Down US Subsidiaries
Wipro Limited intimated BSE/NSE of two completed mergers of its US step-down subsidiaries, effective March 30–31, 2026.
Capco RISC Consulting LLC (turnover USD 15.3M) merged into The Capital Markets C
Wipro Subsidiary Internal Restructuring: Capco Ownership Transfer
Wipro's step-down subsidiary Cardinal US Holdings transferred its entire stake in Capco Consulting Services LLC to The Capital Markets Company, LLC effective March 30, 2026.
The transaction is an inte
Power Grid FY26 Capex Surpasses Rs. 35,000 Crore
Power Grid revised FY26 capex guidance upward to Rs. 35,000+ crore and capitalization guidance to Rs. 25,000+ crore, both exceeding prior targets.
Multi-year capex guidance set at Rs. 45,000 crore for
Dev IT Transfers ByteSIGNER, Talligence for ₹11.90 Cr
Dev IT's Board approved transfer of ByteSIGNER and Talligence product businesses to associate Byte Technosys Private Limited for ₹11.90 Crore.
The transaction is structured as a standalone slump sale
Lancor Holdings Merges Subsidiary Post NCLT Approval
NCLT Chennai sanctioned merger of Lancor Maintenance & Services Ltd (wholly owned subsidiary) with Lancor Holdings Ltd on April 1, 2026.
The filing is made under Regulation 30 of SEBI LODR 2015; detai
Nitin Fire Protection FY25 IBC Going-Concern Liquidation Sale
Company sold as going concern under IBC liquidation vide Sale Certificate dated October 3, 2024, for ₹3,577.80 lakhs to Elysian Wealth Fund consortium; total ₹3,675.12 lakhs distributed.
Capital reser
ABCL Subsidiaries Merger Scheme Sanctioned
• Regional Director (North-Western Region), Ahmedabad sanctioned the merger of two ABCL wholly-owned subsidiaries on 31 March 2026.
• Aditya Birla Stressed Asset AMC Pvt Ltd merges into Aditya Birla F
Everest Industries Podanur Land Sale Phased Update
Everest Industries updates that Podanur land sale to G Square Realtors will now proceed in two phases.
Phase 1 covers approximately 15–16 acres and is expected to be completed in April 2026.
Transacti
NTPC Completes Coal Mining Business Transfer to NML
NTPC completes full transfer of coal mining business to wholly owned subsidiary NTPC Mining Limited effective 1st April 2026.
Pakri Barwadih Coal Mine (Hazaribagh, Jharkhand) and Coal Mining HQ (Ranch
CRISIL Reaffirms Thomas Cook India AA/Stable/A1+
CRISIL reaffirms Thomas Cook India's long-term rating at CRISIL AA/Stable and short-term at CRISIL A1+, the highest for Indian travel sector.
TCIL reported 7.4% YoY revenue growth to ₹6,628 crore in 9
NTPC Completes Coal Mining Business Transfer to NML
NTPC completes final tranche transfer of Pakri Barwadih Coal Mine and CMHQ to wholly owned subsidiary NTPC Mining Limited w.e.f. 1st April 2026.
The transfer marks full completion of coal mining busin
CLN Energy Closes Pune Factory, Consolidates Noida
CLN Energy Limited has permanently closed its Pune manufacturing facility effective March 31, 2026.
The closure is driven by consolidation of manufacturing at the larger Noida plant to optimize effici
Bharatam Ventures Sells Subsidiary ESPL for ₹4.68 Cr
Bharatam Ventures Limited sold its entire equity stake in subsidiary Exuberant Systems Private Limited to ANS Buggy LLP for ₹4,68,24,000.
ESPL contributed 0% to consolidated income and net worth as of
Voltaire Leasing Shifts Office to West Bengal
Voltaire Leasing & Finance Ltd declared postal ballot results for shifting registered office from Maharashtra to West Bengal.
Special Resolution passed with 1,139,617 votes in favour (99.999%) out of
Voltaire Leasing Postal Ballot: Office Shift Approved
Voltaire Leasing & Finance Ltd submitted the Scrutinizer Report for postal ballot e-voting results declared on March 31, 2026.
Special Resolution to shift registered office from Maharashtra to West Be
Voltaire Leasing Office Shifts to West Bengal
Voltaire Leasing & Finance Ltd disclosed postal ballot outcome under Regulation 30 of SEBI LODR Regulations, 2015.
Members approved shifting the registered office from Maharashtra to West Bengal via p
Adani Enterprises Divests 50% Stake in VIPL
Adani Agri Fresh Limited, a wholly owned subsidiary of AEL, divested its entire 50% stake in Vishakha Industries Private Limited on March 31, 2026.
The 50% stake (1,46,685 shares) was sold for a consi
Goodricke Group Barnesbeg Tea Estate MoU Cancelled
Goodricke Group cancels non-binding MoU with Mr. Akshay Shankar Das for sale of Barnesbeg Tea Estate.
Parties failed to align on certain matters during due diligence; no definitive agreement was execu
Dev IT Slump Sale ByteSIGNER Talligence ₹11.90 Cr
Dev Information Technology Limited's Board approved slump sale of ByteSIGNER and Talligence businesses to associate company Byte Technosys Private Limited for ₹11.90 crores.
The combined net asset val
Ramky Infrastructure Sells VPCL Stake for ₹165.24 Cr
Ramky Infrastructure Ltd signed an SPA on 30.03.2026 to sell its 51% stake in Visakha Pharmacity Limited (VPCL).
The consideration of INR 165.24 Crores has been received; share transfer to be complete
MIRC Electronics Board Approves CEO ESOP Grant, Name Change
MIRC Electronics' Board granted 2,95,00,000 stock options to CEO Gunjan Srivastava under ESOP Plan 2023 on March 31, 2026.
Board also approved vesting of 4,58,222 ESOPs for eligible employees at exerc
Carborundum Universal Winds Up German Subsidiary CAAG
Carborundum Universal discloses voluntary winding up of step-down subsidiary CUMI AWUKO Abrasives GmbH (CAAG), Germany, approved on 30th March 2026.
CAAG contributed Rs. 93 crores turnover (1.9% of co
Aditya Ispat Slump Sale Non-Alloy Steel Unit
Aditya Ispat Limited executed a Business Transfer Agreement on March 31, 2026 for slump sale of its Non-Alloy Steel manufacturing and trading business.
The business, contributing 97.75% of turnover (₹
Lumax Ancillary Amalgamation with Lumax Auto Effective
Lumax Auto Technologies confirms the Scheme of Amalgamation with Lumax Ancillary Limited became effective on March 31, 2026.
Both companies filed certified true copies of the NCLT order with the Regis
Rishab Special Yarns Postal Ballot: All 8 Resolutions Passed
Rishab Special Yarns Limited filed postal ballot voting results for 8 resolutions passed on 29 March 2026 per Regulation 44(3) of SEBI LODR.
All 8 resolutions — including rights issue approval, name c
L&T Transfers SuFin Business to Subsidiary for ₹42.9 Cr
Larsen & Toubro completed transfer of its L&T SuFin e-commerce business to wholly owned subsidiary SuFin Limited on March 31, 2026.
The business, covering industrial and construction goods, was transf
Dhunseri Tea Sells Balijan North Tea Estate
Dhunseri Tea & Industries Ltd executed a Deed of Assignment dated March 31, 2026 for sale of Balijan (North) Tea Estate.
The buyer is M/s. Balijan Tea Estate Company; physical possession of the estate
Windsor Machines-Global CNC Merger Effective March 2026
Windsor Machines Ltd's wholly-owned subsidiary Global CNC Pvt Ltd merged into it effective March 31, 2026, per NCLT Ahmedabad order dated March 19, 2026.
Appointed Date is April 1, 2025; no considerat
Oricon Enterprises Sells 25% Tecnocap Oriental Stake
Oricon Enterprises signed a Share Purchase Agreement on March 31, 2026 to sell 25% stake in associate Tecnocap Oriental Private Limited.
The 2,46,833 equity shares are being sold to Italy-based TGP Te
Mukand Ltd Completes Industrial Machinery Slump Sale
Mukand Limited completed the slump sale of its Industrial Machinery Business to wholly owned subsidiary MHEL on 31st March, 2026.
The transferred business covers EOT Cranes and materials handling equi
SASPL Waives ₹125.10 Cr NCD Investor IRR
Setco Automotive's material subsidiary SASPL approved waiver of ₹125.10 crore accrued Investor IRR at 18% p.a. on unlisted NCDs for FY2024-25 and FY2025-26.
India Resurgence Fund Scheme 1 and Scheme 2
Mobavenue AI Tech Postal Ballot: 1:5 Stock Split
Mobavenue AI Tech Limited (formerly Lucent Industries) dispatched a Postal Ballot Notice on March 31, 2026 seeking shareholder approval for three special business items.
Item 1 proposes a 1:5 stock sp
Pashupati Cotspin Postal Ballot: Share Split Approved
Pashupati Cotspin Limited declared results of postal ballot for equity share sub-division and MoA amendment, both passed on March 29, 2026.
Both resolutions received 100% votes in favour with 74,14,80
Bombay Wire Ropes Postal Ballot Results Approved
Bombay Wire Ropes Limited received member approval for sale of office premises under Section 180(1)(a) read with Section 188 of Companies Act, 2013.
Both resolutions — office premises sale and leave &
Quest Flow Controls Divests H2O Dynamics Subsidiary
Quest Flow Controls divests entire stake in H2O Dynamics India Limited to Stellarin Research and Development Private Limited for ₹7.35 crore.
H2O Dynamics reported net revenues of ₹811.31 Lakhs and ne
Almondz Global Sells 20.63% Stake in AGICL
Almondz Global Securities sold 32,85,000 shares (20.63%) of subsidiary AGICL to group company Almondz Finanz Limited on March 30, 2026.
Consideration received for the stake sale was ₹18,57,01,050; AGI
Cian Healthcare Gets BSE Trading Approval for 2.5 Cr Shares
Cian Healthcare received BSE trading approval on March 30, 2026 for 2,50,00,000 equity shares (face value ₹10 each) under an NCLT-approved Resolution Plan.
Of the total shares, 12,50,000 were allotted
Almondz Global Sells 20.63% AGICL Stake for ₹18.57 Cr
Almondz Global Securities sold 32,85,000 shares (20.63%) of subsidiary AGICL to sister concern Almondz Finanz Limited on March 30, 2026.
Consideration received was ₹18,57,01,050; post-sale shareholdin
Tata Chemicals Simplifies UK Holding Structure
Tata Chemicals rationalised its UK operations holding structure by transferring all assets from GHUL to HFUK effective March 30, 2026.
Gusiute Holdings (UK) Limited ceased to be a material subsidiary;
Jost's Engineering Divests JV Stake for ₹1.03L
Jost's Engineering transferred its entire 50% equity stake in JV Suryavayu Renewable and Energy Solutions Private Limited to Kay Cee Energy & Infra Limited.
The consideration received for the stake tr
Thrive Future Habitats Divests Subsidiary Aura Flow
Thrive Future Habitats Limited completed sale of its entire 58% stake in Aura Flow Private Limited on March 30, 2026.
1,73,998 equity shares were transferred to Ms. Mei Ling Foon Ming Lee for a total
HG Infra Sells 49% SPV Stake for ₹233.77 Cr
H.G. Infra Engineering transferred 49% stake in subsidiary H.G. Khammam Devarapalle PKG-1 Pvt Ltd to Neo Infra Income Opportunities Fund on March 30, 2026.
Total transaction consideration is ₹233.77 c
Nibe Limited Divests NAL to Promoter
Nibe Limited's subsidiary NDAL signed an SPA on March 30, 2026 to sell Nibe Aeronautics Limited (NAL) to promoter Mr. Nibe Ganesh Ramesh.
Consideration for the sale is not less than ₹1.52 crore; trans
Jyotirgamya Enterprises Renamed to Atma Industries
Jyotirgamya Enterprises Limited passed three special resolutions via postal ballot (remote e-voting) on March 29, 2026.
Resolutions approved: company name change to Atma Industries Limited, registered
Majestic Auto Sells Greater Noida Plots for ₹143.5 Cr
Majestic Auto Limited completed sale of its leasehold plots at Greater Noida to Cyrrus Manufacturing LLP on March 30, 2026.
Total sale consideration received is ₹143.515 crore, including transfer char
3M India Exits Precision Grinding & Finishing Business
3M India discloses cessation of Precision Grinding & Finishing (PG&F) operations in India effective April 1, 2026.
The PG&F business generated ~INR 26 crore in India sales in FY 2024-25, supported by
Raghuvir Synthetics Divests Dreamsoft Bedsheets Subsidiary
Raghuvir Synthetics Ltd completed sale of its entire 51% stake in Dreamsoft Bedsheets Private Limited on March 30, 2026.
The 51,000 equity shares were sold at Re. 1/- per share for a total considerati
Torrent Pharma Sells UNM Foundation Shares
Torrent Pharmaceuticals sold 50,000 equity shares of UNM Foundation (Section 8 Company) to its holding company Torrent Investments Limited on March 30, 2026.
Total consideration received was ₹5,00,000
Prism Johnson Divests Three Wholly Owned Subsidiaries
Prism Johnson Limited divested its entire equity stake in three wholly owned subsidiaries on March 30, 2026.
Total consideration received across three subsidiaries was approximately Rs. 10.90 lakh, re
Aditya Ispat Slump Sale Postal Ballot Approved
Aditya Ispat Limited's members approved slump sale of non-alloy steel business via postal ballot on March 29, 2026.
Resolution 1 (Special) passed with 99.98% votes in favour; Resolution 2 (RPT, Ordina
MIC Electronics Acquires 89.65% Neo Semi Singapore
MIC Electronics board approves ₹357.60 Cr acquisition of 89.65% stake in Singapore-based deep-tech firm Neo Semi SG Pte. Ltd.
Preferential issue of up to 5,68,73,418 equity shares at ₹41.38 each (₹235
Quest Flow Controls Divests H2O Dynamics Subsidiary
Quest Flow Controls' board approved disinvestment of entire stake in subsidiary H2O Dynamics India Limited on March 30, 2026.
The subsidiary was sold to Stellarin Research and Development Pvt Ltd for
Advance Lifestyles Postal Ballot Three Resolutions Passed
Advance Lifestyles Limited passed three special resolutions via remote e-voting postal ballot concluded on March 28, 2026.
Resolutions approved: new object clause insertion, adoption of new MoA under
Kamat Hotels Closes IRA Mumbai Hotel
Kamat Hotels is discontinuing operations of IRA by Orchid Hotels, Mumbai effective April 1, 2026, due to Leave and License Agreement expiry.
The hotel contributed standalone revenue of ₹4,807.59 lakhs
HG Infra Dissolves 8 Solar Subsidiaries Voluntarily
H.G. Infra Engineering Limited is voluntarily striking off 8 step-down wholly owned solar project subsidiaries incorporated in mid-2024.
All 8 entities — solar project SPVs in Rajasthan — never commen
Cybele Industries Board Meeting Scheduled April 6
Cybele Industries Ltd. has intimated BSE of a Board Meeting scheduled for Monday, April 6, 2026 at 5:00 PM IST.
Agenda includes approval of Material Related Party Transactions with two subsidiaries: C
Dev Labtech Postal Ballot: Split, Bonus, MoA Changes
• Dev Labtech Venture Limited (BSE SME: 543848) filed a Postal Ballot Notice under Regulation 30 of SEBI Listing Regulations on 30th March 2026.
• Four resolutions proposed: authorised capital increas
Torrent Power Sells 3 WOS Equity Stakes
Torrent Power sold equity shares of 3 wholly-owned subsidiaries to Torrent Energy Storage Solutions Pvt Ltd on March 30, 2026.
Total consideration for the sale of all 3 subsidiaries was ₹3,00,000, wit
DLF Completes Kolkata Asset Sale to Srijan Group
DLF completed transfer of DLF TechPark II (IT/ITeS SEZ) and ~17.75 acres Kolkata land to Srijan Group on 30th March 2026.
Aggregate consideration for both transactions is approximately ₹710.23 crore t
Source Industries EGM Approves Company Name Change
Source Industries (India) Limited held an EGM on March 30, 2026 via VC/OAVM with 53 members attending.
Two special resolutions passed unanimously: company name change with MoA/AoA alteration, and adop
PFL Infotech Board Approves Capital Reduction 100:1
PFL Infotech's Board approved capital reduction from Rs. 7,47,81,000 to Rs. 7,47,810, a 100:1 share consolidation, subject to NCLT and shareholder approval.
The reduction sets off Rs. 7,40,33,190 of p
PFC Transfers South Kalamb SPV to Adani Energy
Power Finance Corporation's subsidiary South Kalamb Power Transmission Limited has been transferred to Adani Energy Solutions Limited on 30 March 2026.
The sale consideration stands at ₹12.53 crore as
Sagar Cements Approves Andhra Cements Merger
Sagar Cements' Board gave in-principle approval on 30th March 2026 to merge subsidiary Andhra Cements Limited with itself.
The merger is subject to necessary approvals from regulators and other concer
Motor & General Finance Executes Property Sale Agreement
Motor & General Finance executed a Sale Agreement on March 30, 2026 for property at A-30, Mohan Co-operative Industrial Estate, New Delhi.
The sale was executed under authority vested in Executive Dir
Tijaria Polypipes OTS Proposal to Bank of India
Tijaria Polypipes filed a Reg. 30 disclosure enclosing a Rs. 53.67 Crore OTS proposal submitted to Bank of India, Jaipur.
The company has already deposited Rs. 12 Crore under no-lien account and submi
Piramal Finance Completes Shriram Life Insurance Stake Sale
Piramal Finance Limited completed the sale of its entire equity stake in Shriram Life Insurance Company Limited for ₹600 crore.
The transaction was completed on 30th March, 2026 upon receipt of all re
H.M. Electro Mech EGM Proceedings, March 2026
H.M. Electro Mech Limited held an EGM on 30th March 2026 at its Ahmedabad registered office, lasting from 12:30 PM to 12:39 PM.
Two resolutions were tabled: addition to the MoA Object Clause and appro
Vivid Mercantile Postal Ballot Authorised Capital Increase Passed
Vivid Mercantile Ltd shareholders approved an Ordinary Resolution to increase Authorised Share Capital from ₹10.03 crore to ₹15.25 crore.
The resolution was passed with 99.94% votes in favour (52,032,
Oriental Rail Postal Ballot: Preferential Issue Fund Reallocation
Oriental Rail Infrastructure seeks member approval via postal ballot to reallocate Rs. 42.04 crore unutilized preferential issue proceeds to working capital.
Original Rs. 212.20 crore preferential iss
Prime Focus Internal Restructuring: Software Assignment, Slump Sale
Prime Focus Limited disclosed internal restructuring involving software assignments and a slump sale across step-down subsidiaries, approved on March 30, 2026.
Proprietary software worth INR 75.2 Cror
GE Shipping Delivers VLGC Jag Vishnu to Buyers
GE Shipping delivered its 2002-built Very Large Gas Carrier 'Jag Vishnu', contracted for sale in Q3 FY26.
Post-delivery, the company's owned fleet stands at 40 vessels aggregating 3.20 mn dwt.
Company
Signatureglobal Acquires Residential Project, Divests GCL Stake
Signatureglobal's board approved acquisition of a Residential Project from subsidiary GCL for a lump-sum consideration of Rs. 50 crores via slump sale.
The company approved transfer of 35,69,731 GCL e
Deep Health AI Authorized Capital Increase Approved
Deep Health AI India Ltd (formerly Deep Diamond India Ltd) disclosed shareholder approval via postal ballot on March 28, 2026.
Shareholders approved an increase in Authorized Share Capital and consequ
Utkarsh SFB Unsecured Creditors Meeting: Amalgamation Scheme
NCLT-convened Unsecured Creditors Meeting of Utkarsh Small Finance Bank held on March 28, 2026 via Video Conferencing.
Meeting called pursuant to NCLT Allahabad Bench order dated February 11, 2026, to
Eraaya Lifespaces Appoints New CEO, CFO
• Eraaya Lifespaces' Board approved appointment of Sushil Gupta as CEO and Ashish Sharma as CFO on March 28, 2026.
• Incumbent CFO C.S. Murty stepped down from the KMP role but will continue serving t
Ramky Infrastructure Approves VPCL Stake Sale
Ramky Infrastructure's Board approved sale of its shareholding in Visakha Pharmacity Limited to Brij Gopal Construction Company Private Limited.
MD and CFO jointly authorized to finalize and execute t
Pasupati Fincap EGM: Name Change, 95% Capital Reduction
Pasupati Fincap Limited has scheduled an EGM on April 24, 2026, to seek shareholder approval for five special resolutions.
The company proposes to rename itself to Harmanshi Appliances Co Limited and
Landsmill Green Postal Ballot: 4 Special Resolutions
Landsmill Green Limited (formerly Excel Realty N Infra) issued a Postal Ballot Notice dated March 28, 2026 for four special resolutions.
Three resolutions seek shareholder approval for appointing Mr.
Antariksh Industries MoA Alteration Resolution Passed
Antariksh Industries Ltd passed a Special Resolution to alter the Main Object Clause of its Memorandum of Association via postal ballot.
172,874 votes (84.35% of outstanding shares) were polled, with
Choksi Asia Shifts Registered Office to Dadra
Choksi Asia Limited (formerly Choksi Imaging Limited) is shifting its registered office from Maharashtra to Dadra and Nagar Haveli.
Newspaper advertisements regarding the office shift were published o
TTI Enterprise Postal Ballot: NBFC Licence Surrender Approved
TTI Enterprise Limited conducted a postal ballot passing 6 special resolutions including surrender of its NBFC licence and MOA alteration.
Total votes polled were 11,123,847 representing 43.79% of 25,
Tejassvi Aaharam Postal Ballot: Two Resolutions Passed
Tejassvi Aaharam Limited (BSE: 531628) submits postal ballot voting results under SEBI LODR Regulation 44 dated 27th March 2026.
Both resolutions — increase in authorised share capital and preferentia
Bajaj Hindusthan Sugar Allots 98.89 Cr CCPS to UCO Bank
Bajaj Hindusthan Sugar allotted 98,89,37,706 Series A 0.01% CCPS of Re.1 each to UCO Bank, aggregating Rs.98.89 Crores.
The CCPS were issued at par via preferential allotment through conversion of loa
Keerthi Industries Electronics Division Slump Sale Effective
Keerthi Industries sets 31st March 2026 as the effective date for the slump sale of its Electronics Division to Keerthi Holdings Pvt Ltd for INR 36 Crores.
The Electronics Division contributed INR 24.
Keerthi Industries Slump Sale Electronics Business ₹36Cr
• Keerthi Industries' Board approved an Addendum to the BTA for slump sale of its Electronics Business to Keerthi Holdings Pvt Ltd, effective 31st March 2026.
• The Electronics Business was sold for I
Galada Power EGM: Authorized Capital Raised to ₹11.75Cr
Galada Power held an EGM on 27 March 2026 to increase authorized share capital from ₹11 crore to ₹11.75 crore.
The new capital structure eliminates 10,000 preference shares entirely, comprising only 1
Galada Power EGM Authorised Capital Increase Approved
Galada Power and Telecommunication Ltd held an EGM on 27th March 2026, passing two special resolutions.
Resolution 1 approving increase in Authorised Share Capital and MoA alteration passed with 100%
Bharatam Ventures Board Meeting on Subsidiary Divestment
Bharatam Ventures Limited (formerly Pet Plastics Limited) has scheduled a Board meeting on 31st March 2026.
The meeting agenda includes reviewing investments in subsidiaries and considering potential
Pharmaids Pharma Divests Step-Down Subsidiary for ₹3L
Pharmaids Pharmaceuticals sold its step-down subsidiary Siri Labvivo Diet Pvt Ltd effective March 27, 2026.
The subsidiary was divested by material subsidiary Adita Bio Sys Pvt Ltd for a consideration
BBTC Sells Dunsandle Tea Estate ₹120 Cr
Bombay Burmah Trading Corporation sold Dunsandle Tea Estate in Nilgiris for a total consideration of ₹120 crores.
Asset Purchase Agreement was executed on 27th March 2026 with five buyers including Po
Midland Polymers Acquires JMRCLEAN Energy, Major Capital Restructuring
Midland Polymers' board approved 100% acquisition of JMRCLEAN Energy Pvt Ltd via share swap valued at ₹10.54 crore.
Three preferential issues approved: 1.05 cr shares (swap), 1.33 cr shares (cash, ~₹1
NCLT Admits Plea to Amend BSBK Engineers Demerger Scheme
NCLT Allahabad hears application to amend demerger scheme for BSBK Engineers and Macawber Beekay, removing clause for public company conversion.
The amendment seeks to delete clause 12 of the scheme,
Satani Bearings Board Meeting Rescheduled, Stock Split Proposed
Satani Bearings Limited rescheduled its Board Meeting to April 02, 2026, adding new agenda items.
Additional agenda includes sub-division of equity shares and change in Object Clause of Memorandum of
Symphony Invests AUD 25M in Australian Subsidiary
Symphony Limited invested AUD 25 million (~₹165 crores) in wholly owned subsidiary CHPL, Australia, funded entirely from surplus treasury.
Funds allocated to fully prepay CHPL's AUD 20M acquisition lo
PNC Infratech Completes 12-Asset Road Portfolio Divestment
PNC Infratech completes sale of equity stake in PNC Challakere (Karnataka) Highways to KKR-sponsored Vertis Infrastructure Trust on March 27, 2026.
Final tranche concludes divestment of all 12 road as
Kranti Industries Divests Stake in Preciso Metall
Kranti Industries Limited divested 8,00,000 equity shares (part of up to 10,00,000 approved) in subsidiary Preciso Metall Private Limited via SPA dated March 27, 2026.
Total sale consideration is ₹80
Bank of Baroda Receives GBP 75M from UK Subsidiary
Bank of Baroda received GBP 75,000,000 from its overseas subsidiary Bank of Baroda (UK) Ltd. on 27 March 2026.
The transaction is a repatriation of funds in the form of Capital Reduction by the UK sub
VISA Steel Name Change Resolution Passed
VISA Steel Limited held a postal ballot to approve change of company name and consequential amendment to MoA & AoA as a Special Resolution.
84,834,197 votes were polled (73.27% of total shares), with
Landmark Property Settles ₹35.26 Cr Related Party Refund
Landmark Property Development signed a Refund and Settlement Agreement with related party Eterna Living Private Limited on March 27, 2026.
The agreement covers cancellation of a space booking arrangem
Mukand Limited Executes Land Sale Deeds Dighe
Mukand Limited executed two Deeds of Conveyance on March 27, 2026 for sale of land at village Dighe, Thane for aggregate consideration of ₹555.35 crore.
After adjusting ₹110 crore advance received ear
PFC Subsidiary Wagdari Transmission Transferred to KCC Buildcon
Power Finance Corporation's indirect subsidiary Wagdari Transmission Limited was transferred to KCC Buildcon Private Limited on 27th March 2026.
The consideration received for the transfer is ₹4,41,10
Aditya Birla Real Estate NCD Trust Deed Amended
BSE granted in-principle approval on 25th March 2026 for amendment of Debenture Trust Deed clauses for Rs. 250 crore 8.05% NCDs under ISIN INE055A08045.
Amendment adds exercise of Call Option by the C
Narayana Hrudayalaya Clarifies SMVD Hospital Transfer
Narayana Hrudayalaya clarifies media reports on SMVD Narayana Hospital relate to a previously disclosed arrangement under Regulation 30.
Subsidiary NVDSHPL executed a Business Transfer Agreement with
Craftsman Automation Extends Piston Asset Sale Deadline
Craftsman Automation's subsidiary Sunbeam extended APA long stop date with SPRL from 31st March to 30th June, 2026.
Total asset sale consideration is Rs. 28 Crores (ex-GST); Rs. 10 Crores received in
Vraj Iron Steel Promoter Merger Scheme Approved
Vraj Iron and Steel discloses Regional Director approval of promoter merger scheme dated March 18, 2026.
Three promoter entities — KIPL, UIPL, VATPL — merge into Gopal Sponge and Power Private Limited
Hardcastle & Waud Sells Kolkata Property to Promoter Group
Hardcastle & Waud executed a Deed of Conveyance on 27th March 2026 for sale of its Kolkata property.
The property, Unit No. 7B at Sagar Estate, Kolkata, was sold to promoter group company Jeevdani Bus
LKP Finance MOA Alteration Post-NBFC Deregistration
LKP Finance Ltd. issued a Postal Ballot Notice dated March 26, 2026 seeking member approval via e-voting for MOA alteration.
The RBI confirmed cancellation of LKP Finance's NBFC Certificate of Registr
Dev Labtech Stock Split, Bonus Issue Approved
Dev Labtech Venture Limited's Board approved a 1:2 stock split (₹10 to ₹5 face value) and a 1:1 bonus issue on 27th March 2026.
Authorized share capital raised from ₹15 crore to ₹25 crore; MOA object
Avro India EGM: Stock Split 10:1 Approved
Avro India Limited convenes EGM on April 18, 2026 via VC/OAVM to seek shareholder approval for three special business items.
Proposed stock split will subdivide equity shares from face value Rs. 10/-
NRB Industrial Bearings Postal Ballot Result: Preference Share Redemption Extended
NRB Industrial Bearings Ltd disclosed postal ballot e-voting results under Regulation 44 of SEBI LODR Regulations, 2015.
Shareholders approved extension of redemption period of 2% Cumulative, Redeemab
Info Edge Invests in AIF, Divests Shopkirana Stake
Info Edge board approved commitment of up to Rs. 250 crore in A88 Fund I, a SEBI-registered Category II AIF focused on early-stage deep tech companies.
SIHL, a wholly owned subsidiary, will transfer i
Refex Industries Files NCLT Amalgamation Scheme Application
Refex Industries filed a Company Application before NCLT Chennai Bench on March 26, 2026 for a Composite Scheme of Amalgamation.
The scheme involves amalgamation of Refex Green Mobility Ltd into Refex
Sri Chakra Cement Sells Non-Core Assets for ₹8.08 Cr
Sri Chakra Cement's Board approved sale of non-operational Grinding Unit assets and land parcels to JK Cement Limited on 26 March 2026.
Total consideration for the asset sale is approximately ₹8.08 cr
MCFL Divests 64.96% Stake in Nanogen Agrochem
Mayank Cattle Food Limited sold 64.96% of its 65% stake in subsidiary Nanogen Agrochem Private Limited on March 27, 2026.
Total consideration received for the stake sale was Rs. 64,960 only; buyer Shi
Shreehas Tambe Appointed Biocon CEO & MD
Biocon Limited appoints Shreehas Tambe as CEO & Managing Director, effective April 1, 2026, following board and NRC approval.
Kedar Upadhye named CFO; outgoing CEO Siddharth Mittal transitions to anot
Marine Electricals Converts Partnership Firm to Pvt Ltd
Marine Electricals (India) Limited disclosed a proposal to convert its 99%-owned partnership firm, Narhari Engineering Works, into a Private Limited Company.
The proposed names for the new entity incl
Sadbhav Engineering Signs ₹1,517 Cr Debt MRA
Sadbhav Engineering Limited executed a Master Restructuring Agreement on March 25, 2026 with six consortium lenders covering total debt of ₹1,516.71 crore.
The restructuring covers fund-based exposure
Sadbhav Engineering Signs ₹1,517 Cr Debt MRA
Sadbhav Engineering Limited executed a Master Restructuring Agreement (MRA) on 25 March 2026 with consortium lenders for total debt of ₹1,516.71 crore.
The MRA covers fund-based exposure of ₹906.35 cr
Landsmill Green Multiple Director Resignations, Name Change
Board meeting on March 26, 2026 approved resignations of two Independent Directors and one Whole-Time Director effective the same date.
Company proposes name change to Poweris/Voltasure/Ecovira Green
Krishna Capital Promoter Stake Sale, Open Offer Triggered
Board approved SPA for sale of 42.87% promoter stake (13,53,892 shares) to new acquirers at Rs. 20 per share.
Preferential issue of up to 3 crore equity shares at Rs. 20/share approved, aggregating Rs
ZEEL Redeems FCCBs, Restructures Content Business
ZEEL's board approved redemption of USD 23.90 million FCCBs and cancellation of USD 215.1 million unutilized commitment on March 26, 2026.
The company approved a slump sale of its content syndication/
Aegis Logistics Consents Ammonia Terminal Assignment to ATPL
Aegis Logistics Board approved consent for assignment of Pipavav Ammonia terminal rights to Aegis Terminal (Pipavav) Limited (ATPL).
The 36,000 MT static capacity Ammonia terminal at Pipavav Port will
Landmark Cars Exits Volkswagen Delhi NCR Operations
Landmark Cars Limited will cease Volkswagen Delhi NCR operations (one showroom, one workshop) effective March 31, 2026.
The exit aims to reduce losses from non-performing operations and rationalize co
Pasupati Fincap Board Approves Capital Reduction, Name Change
• Pasupati Fincap's board approved a scheme to cancel 44,65,000 equity shares, reducing paid-up capital from ₹4.70 crore to ₹23.50 lakh to set off accumulated losses.
• The company also approved a nam
Alka India 31st AGM: All 17 Resolutions Passed
Alka India Limited's 31st AGM held on March 23, 2026 via VC/OAVM passed all 17 resolutions with requisite majority.
Key approvals include company name change, registered office shift from Maharashtra
Sundaram-Clayton Completes ₹558.62 Cr Chennai Land Sale
Sundaram-Clayton completed sale of 16.33-acre Chennai land to Canopy Living LLP for total consideration of ₹558.62 crore.
Canopy Living LLP is a JV between Arihant Foundations & Housing Limited and Pr
Ramkrishna Forgings: Two Subsidiaries Cease via Amalgamation
Ramkrishna Forgings discloses cessation of two subsidiaries under NCLT Kolkata-approved Scheme of Amalgamation effective March 25, 2026.
Mal Metalliks Pvt Ltd and Multitech Auto Pvt Ltd merged into Ra
Paradeep Phosphates CIN Changed After MOA Amendment
Paradeep Phosphates Limited intimates change in CIN from L24129OR1981PLC001020 to L20122OR1981PLC001020 effective March 26, 2026.
CIN change follows amendment to the Object Clause of MOA approved via
Raghuvansh Agrofarms Office Shifts to Kanpur
Raghuvansh Agrofarms Limited disclosed the outcome of its Postal Ballot, with members approving two special resolutions via remote e-voting.
Both resolutions — shifting registered office from NCT Delh
ITC Dissolves Step-Down Subsidiary Blazeclan Americas
ITC Limited's step-down subsidiary Blazeclan Americas Inc., USA, was voluntarily dissolved effective 24th March, 2026.
Blazeclan Americas had FY2024-25 total income of ₹4.38 crores (0.006% of ITC's to
BBTC Board Approves Dunsandle Tea Estate Sale
Bombay Burmah Trading Corporation's board approved sale of Dunsandle Tea Estate in Nilgiris on 26th March 2026.
The estate contributed Rs. 5.65 Cr (2.05% of turnover) and Rs. 7.10 Cr (3.76% of net wor
BBTC Board Approves Dunsandle Tea Estate Sale
BBTC's Board approved sale of Dunsandle Estate tea plantation in Nilgiris, subject to regulatory approvals and consents.
The divested unit contributed ₹5.65 Cr (2.05% of turnover) and ₹7.10 Cr (3.76%
Hardcastle & Waud Sells Kolkata Property to Promoter Group
Hardcastle & Waud's Board approved sale of Unit No. 7B, Kolkata property to promoter group company Jeevdani Business Ventures Limited.
The transaction is stated to be on an arm's length basis under SE
Sodhani Academy Sells Jaipur Property for ₹22 Lakh
Sodhani Academy of Fintech Enablers Ltd disclosed sale of a Jaipur flat under SEBI Regulation 30 on March 26, 2026.
The property at Mayfair Heights, Govindpura, Jaipur was sold to Mr. Dipendra Sharma
PFL Infotech Board Meet: Office Shift & Capital Reduction
PFL Infotech Ltd has scheduled a Board of Directors meeting on Monday, 30th March 2026.
The board will consider shifting the registered office from Telangana to Maharashtra, subject to required approv
GAMCO Ltd Sells Subsidiary VAPL to Blackstone
GAMCO Limited's Finance Committee approved the SSPA on 26 March 2026 for transfer of 100% stake in Visco Advisory Private Limited (VAPL) to a Blackstone affiliate.
Buyer is BREP Asia III India Holding
HMVL Discontinues OTTplay New Subscriptions from March 2026
Hindustan Media Ventures Ltd (HMVL) will stop offering new OTTplay subscription packs from March 31, 2026.
OTTplay contributed ₹59.86 crore (~8% of total revenue) but carried a negative networth of ₹3
Mahindra Lifespace Postal Ballot Four Resolutions Passed
Mahindra Lifespace Developers Limited announced the outcome of its Postal Ballot with all four resolutions passed on 22 March 2026.
Key approvals include slump sale transfer of business undertaking to
Piramal Finance Singapore NDR Q3 FY26 Roadshow
Piramal Finance filed intimation for a Singapore Roadshow (NDR) with investor groups on 30th–31st March 2026, under Regulation 30(6) of SEBI Listing Regulations.
Total AUM grew 23% YoY to ₹96,690 Cr;
Archies Ltd Appoints Independent Director Kochhar
Archies Limited appointed Mr. Charan Jeet Singh Kochhar as Additional Non-Executive Independent Director for 5 years effective 23rd March 2026.
Mr. Kochhar, aged 68, holds M.Com, LLB, CAIIB, MBA and h
MLDL Shareholders Approve Alembic Undertaking Slump Sale
• Mahindra Lifespace shareholders approved via Postal Ballot the slump sale of Alembic Undertaking (Bengaluru residential project) to subsidiary MBLDL, effective 22 March 2026.
• The transaction invol
Canara HSBC Life Insurance Postal Ballot Results
Canara HSBC Life Insurance filed postal ballot voting results under Regulation 44 of SEBI LODR on 23rd March 2026.
All 3 resolutions—AoA amendment and two material RPT approvals—passed with requisite
Godawari Power EGM Approves MOA Amendment Logistics
Godawari Power and Ispat Limited held an EGM on 14th March 2026 via VC/OAVM to approve MOA amendment enabling logistics activities.
Special Resolution passed with 99.999% votes (451,140,965 votes) in
Alka India MOA & AOA Revised at AGM
Alka India Ltd held its 31st AGM on March 23, 2026 via Video Conferencing, approving new MOA and AOA.
MOA changes include name clause revision, registered office shift from Maharashtra to Gujarat, and
Kriti Industries EGM: MOA & AOA Alteration Passed
Kriti Industries held its 1/2025-26 EGM on 20th March 2026 via VC/OAVM to vote on two special resolutions.
Both resolutions — alteration of MOA (Clause III) and AOA — passed with 99.9999% votes in fav
Alka India 31st AGM: 17 Resolutions Passed
Alka India Limited held its 31st AGM on 23rd March 2026 via VC/OAVM, passing 17 resolutions including ordinary and special business.
Key special resolutions include shifting registered office from Mah
IFB Industries Postal Ballot: Six Board Resolutions
IFB Industries Limited issued a Postal Ballot Notice dated 10th February 2026 seeking shareholder approval on six special/ordinary resolutions via remote e-voting.
Resolutions include re-appointment o
Veranda Learning NCLT Composite Scheme Shareholder Meeting
NCLT Chennai ordered VLS equity shareholder meeting on April 24, 2026 to approve composite scheme involving VXLS amalgamation and commerce education demerger to JSCEL.
Share entitlement ratio is 1:1 —
SAMIL MTSL Acquisition Delayed to Q2 FY27
SAMIL updates its August 29, 2025 disclosure on MTSL share capital reduction scheme under Regulation 30.
SAMIL holds 92.96% in MTSL; post selective equity reduction, MTSL will become 100% wholly owned
GOCL Corp Sells Bengaluru Land for ₹2,261 Crore
GOCL Corporation's Board approved sale of ~38-acre Ecopolis land in Yelahanka, Bengaluru for total consideration of ₹2,261 crore.
GOCL's share of proceeds is ~₹815 crore; remainder goes to JDA partner
Kriti Industries EGM Approves MOA and AOA Alteration
Kriti Industries held its 1st EGM of FY2025-26 via VC/OAVM on 20th March 2026.
Members passed special resolutions to alter Clause III(B) of MOA and adopt revised AOA.
Company Secretary Aditi Randhar f
Coal India Closes MJSJ Coal Subsidiary
Coal India's board approved closure of MJSJ Coal Limited, a step-down subsidiary via Mahanadi Coalfields Limited.
MJSJ Coal is being closed as it was not operational following Supreme Court cancellati
Coal India Approves 25% MCL Divestment via IPO
Coal India's Board approved in-principle divestment of up to 25% equity in subsidiary Mahanadi Coalfields Limited (MCL) via IPO/OFS.
Divestment may occur in one or more tranches through domestic marke
CIL Board Approves SECL IPO via OFS
CIL's Board on 23.03.2026 approved in-principle divestment of up to 25% equity in SECL via OFS through IPO.
SECL will simultaneously issue fresh equity shares of up to 10% of post-issue paid-up capita
SignatureGlobal SSPA Long Stop Date Extended
SignatureGlobal extends the SSPA Long Stop Date from 23rd March 2026 to 31st March 2026.
The SSPA involves SignatureGlobal, its WOS Gurugram Commercity Limited, and Millennia Realtors Private Limited
Vardhman Polytex EGM: OCD Issue, AoA Amendment
Vardhman Polytex Limited has called an EGM on April 16, 2026 to seek shareholder approval for two special resolutions.
Item 1 proposes issuance of INR 25 crore OCDs and INR 95 crore NCDs to Special Si
Hari Govind EGM: Name Change to Popees Baby Care
Hari Govind International Limited (BSE: 531971) has convened an EGM on April 14, 2026, via VC/OAVM to seek shareholder approval on nine special business items.
Key resolutions include renaming the com
Landsmill Green Limited Name Change CA Certificate
Landsmill Green Limited (formerly Excel Realty N Infra Limited) filed a CA certificate under SEBI LODR Regulation 45 for its name change.
CA Aman Mittal of Garg Agrawal & Agrawal certified compliance
Rithwik Facility Divests 100% Stake in Rithwik Indus Power
Rithwik Facility Management Services completed 100% disinvestment from Rithwik Indus Power Private Limited on March 23, 2026.
Total consideration received from the stake sale was ₹20,00,000 (Rupees Tw
String Metaverse Postal Ballot: Share Split & Capital Increase Passed
String Metaverse Limited submitted the Scrutinizer's Report to BSE on 24th March 2026 for its Postal Ballot.
All three resolutions — authorised capital increase, equity share split, and MoA amendment
Arcee Industries Preferential Issue Revised, Allottee Removed
Ms. Usha Garg removed from preferential allottees (10,00,000 warrants) due to SEBI ineligibility; revised issue size ₹22,25,25,000 comprising 2,15,00,000 convertible warrants.
Post-issue, promoter hol
GPIL Divests Stake in Ardent Steel, ASPL Ceases Associate
GPIL transferred 2,00,000 equity shares (2.52%) of Ardent Steel Private Limited for ₹6.60 Crores on 24.03.2026.
Post second tranche transfer, GPIL's stake in ASPL diluted from 20.98% to 18.46%, causin
MTNL Signs MOU With Bihar Govt ₹68.43 Cr
MTNL executed an MOU with Government of Bihar on March 24, 2026 to transfer leasehold rights of 7 residential properties.
The seven properties at Asian Games Village Complex, New Delhi are valued at ₹
Remsons Industries Divests AMPL, Acquires RETPL Fully
Remsons Industries sold its entire 35.86% stake in Astro Motors Pvt Ltd for Rs. 10 crore to PRATIK HASMUKH SHAH HUF.
The company acquired the remaining 49% stake in Remsons Edge Technologies Pvt Ltd f
WPIL Ltd Divests Australian Subsidiary Sterling Pumps
WPIL Limited's Board approved sale of its entire shareholding in Australian subsidiary Sterling Pumps Pty Limited on March 24, 2026.
Consideration is AUD 2.34 Mn for WPIL's 100% stake in SPPL, represe
MIC Electronics Board Meet: Acquisitions & Restructuring
MIC Electronics Board meets March 30, 2026 to consider acquiring 89.65% of Neo Semi SG Pte. Ltd., Singapore via share swap.
Board to also consider acquiring 43.05% of Refit Global Private Limited via
Natco Pharma Approves Agrochemicals Demerger Scheme
Natco Pharma's board approved demerger of its Agrochemicals Business into wholly owned subsidiary Natco Crop Health Sciences Limited, with Appointed Date October 1, 2026.
Share entitlement ratio is 1:
Awfis Space Solutions BTA Addendum Executed
Awfis Space Solutions executed an addendum to its Business Transfer Agreement with Awfis Transform Private Limited on March 24, 2026.
The addendum provides for determination of the Final Purchase Pric
HHIL Exercises Put Option in HPL JV
Hindware Home Innovation Limited exercised its put option in Hintastica Private Limited, its 50:50 JV with Atlantic SFDT, France.
HHIL holds 5,48,787 equity shares in HPL with aggregate equity investm
India Glycols Demerger Scheme Approved by Unsecured Creditors
India Glycols Limited's Unsecured Creditors unanimously approved a Scheme of Arrangement to demerge into Ennature Bio Pharma Limited and IGL Spirits Limited on 24th March 2026.
36 out of 575 eligible
NCLT Approves Incred Group's Composite Scheme of Arrangement
NCLT Mumbai Bench approves composite scheme of arrangement between Incred Wealth, Incred Capital Financial Services, Incred Capital Wealth Portfolio Managers, and Incred Research Services.
The scheme
Rose Merc Board Approves Warrants, Subsidiary Restructuring
Rose Merc Limited allotted 3,55,723 convertible warrants at Rs. 90 each to 13 promoter and non-promoter investors, raising Rs. 80.03 lakh (25% upfront).
The company restructured its subsidiary portfol
USL Divests RCB Franchise for INR 166.6bn
United Spirits Limited sells 100% stake in Royal Challengers Sports Pvt Ltd (RCB franchise owner) for INR 166.6 bn in an all-cash deal.
Buyers are a consortium: Aditya Birla Group, Times of India Grou
Eros International Media NSE Query Clarification FY2024
• Eros International Media responded on Feb 19, 2026 to NSE's three-point query on FY2024 financial results submission compliance.
• Company reported standalone net loss of ₹47,973 lakhs for FY2024 wi
Tembo Global Industries EGM Voting Results, 9 Resolutions Passed
Tembo Global Industries held an EGM on March 24, 2026 via Video Conferencing, passing all 9 resolutions with requisite majority.
Key approvals include Rs. 3,000 Crore investment/loan limit under Sec.
SKF India Promoter Entity Renamed to SKF Vertevo AB
SKF India's promoter entity renamed from 'SKF Interim AB' to 'SKF Vertevo AB' as part of global rebranding.
Name change stems from restructuring due to demerger of Automotive and Industrial Business d
GR Infraprojects Sells Three Highway Subsidiaries
GR Infraprojects signed an SPA on 25 March 2026 to sell 100% equity in three highway subsidiaries to Indus Infra Trust.
Total aggregate sale consideration stands at approximately Rs. 273.22 crore acro
Milkfood Ltd Sells Moradabad Property for ₹130 Cr
Milkfood Limited replaced its January 16, 2026 agreement with a fresh sale agreement dated March 24, 2026 for its 20.084-acre Moradabad property.
The property is sold to M/s Bareilly Dairies Limited a
Kranti Industries to Divest 15.22% Stake in Preciso Metall
Kranti Industries' Board approved disinvestment of up to 10,00,000 equity shares (15.22%) in subsidiary Preciso Metall Private Limited.
The shares are of face value ₹10 each, representing 15.22% of Pr
Ceigall India Proposes Sale of Two Highway Subsidiaries
Ceigall India's Management Committee authorized a Non-Binding Offer letter for 100% equity stake sale in two highway subsidiaries on 25 March 2026.
The two subsidiaries involved are Ceigall Jalbehra S
Axita Cotton Postal Ballot: 3 Resolutions Passed
Axita Cotton Limited submitted postal ballot voting results under Regulation 44 of SEBI LODR Regulations, 2015 for 3 resolutions.
All 3 resolutions — two Special and one Ordinary — passed with ~99.97–
Raghuvansh Agrofarms Postal Ballot E-Voting Concludes
Raghuvansh Agrofarms' remote e-voting for postal ballot concluded on 25th March, 2026 at 5:00 PM.
Ballot sought approval for shifting registered office from Delhi NCT to Kanpur, Uttar Pradesh.
Scrutin
Kranti Industries Divests 15.22% Stake in PMPL
Kranti Industries' Board approved disinvestment of up to 10,00,000 equity shares (15.22%) in subsidiary Preciso Metall Private Limited.
Post-disinvestment, Preciso Metall Private Limited will cease to
Indo Thai Financial Services Authorized Capital Increased 50x
Indo Thai Securities discloses material info about Indo Thai Financial Services per NSE/BSE observation letters dated March 18, 2026.
Indo Thai Financial Services raised authorized share capital from
Amarnath Securities Postal Ballot: Four Key Resolutions
• Amarnath Securities Limited issued a Postal Ballot Notice under Regulation 30 of SEBI LODR seeking shareholders' approval for four resolutions.
• Key resolutions include two director designation cha
ICICI Bank Redeems ICICI Strategic Investments Fund Units
ICICI Bank's wholly owned subsidiary redeemed all residual units of ICICI Strategic Investments Fund on March 25, 2026.
Following full redemption, ICICI Strategic Investments Fund ceases to be a Group
JB Chemicals NCLT Corrigendum Order on Torrent Merger
JB Chemicals discloses NCLT Ahmedabad Corrigendum Order dated March 24, 2026 on its amalgamation with Torrent Pharmaceuticals.
The filing is a follow-up to an earlier intimation dated March 24, 2026 u
Regency Fincorp Board Approves ₹500 Cr NCD Issuance
Regency Fincorp's Board approved issuance of NCDs up to ₹500 crore on private placement basis, subject to EGM approval.
Mr. Sanjay Mittal (DIN: 11548754) appointed as Additional Non-Executive Independ
Persistent Systems France Subsidiary Internal Restructuring SPA
Persistent Systems signed SPA on March 25, 2026 to transfer 100% stake in Persistent Systems France S.A.S. to Aepona Group Limited, Ireland.
Transaction is an internal group restructuring via share sw
Network18 Amalgamates News18 Marathi Subsidiary
Network18 Media board approved amalgamation of wholly-owned subsidiary News18 Marathi Private Limited with the parent company.
No cash or share consideration involved; shareholding pattern of Network1
GR Infraprojects Sells Three Subsidiaries to Indus Infra Trust
G R Infraprojects transferred three wholly owned subsidiaries — GBUHPL, GUBHPL, and GEKEPL — to Indus Infra Trust on 25th March 2026.
Total aggregate consideration received is approximately ₹273.22 Cr
LTTS Divests SWC Business to AMI Paradigm
LTTS signed a Business Transfer Agreement to divest its Smart World and Communication (SWC) business unit to AMI Paradigm Solutions Private Limited on March 25, 2026.
AMI Paradigm is a special purpose