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Licence / Approval / Cancellation

78 articles
Fujiyama Power Systems Discloses BIS Search and Seizure of INR 2.52 Cr Products
Bureau of Indian Standards (BIS) conducted a search and seizure at a Fujiyama Power Systems facility in Noida on March 24, 2026, seizing products worth INR 2.52 crores. The company is cooperating with
Supra Pacific Financial Services Rights Shares Listed BSE
Supra Pacific Financial Services Ltd (Scrip Code: 540168) received BSE listing and trading approval for 1,58,52,525 rights equity shares. Shares were issued at ₹23/- each (face value ₹10/-, premium ₹1
GPIL Gets Consent for 6.91 MW Waste Heat Plant
Godawari Power and Ispat Limited received Consent to Operate for a 6.91 MW Waste Heat Recovery Based Power Plant on 2nd April 2026. The plant utilises waste heat from flue gas generated by the Pellet
Hariom Pipe Tamil Nadu Unit Temporary Closure
TNPCB issued closure directions under Section 33A of Water Act for Hariom Pipe's Tamil Nadu unit at Perundurai, Erode District. Closure involves disconnection of power supply with immediate effect due
Monarch Networth Capital Receives SEBI Mutual Fund License
SEBI granted Monarch Networth Capital Limited final registration as a Mutual Fund sponsor under 'Monarch Mutual Fund'. Wholly owned subsidiary Monarch Asset Management Private Limited approved as the
Monarch Networth Capital Receives SEBI Mutual Fund License
Monarch Networth Capital Limited received SEBI's final registration to sponsor 'Monarch Mutual Fund', a significant business milestone. Wholly owned subsidiary Monarch Asset Management Private Limited
ICICI Bank: IVen AIF Transfer to IPru AMC Complete
ICICI Bank discloses completion of investment management rights transfer for 5 AIFs from IVen to IPru AMC effective April 1, 2026. The transfer covers private equity, venture capital, and real estate
Innovative Urban Bank Extension to July 2026
RBI extended the operational directive for Innovative Co-operative Urban Bank Ltd by three months, now ending on July 4 2026. The previous extension had pushed the deadline to April 4 2026 after the o
Nimbus Projects Listed on NSE April 2026
Nimbus Projects Limited received NSE listing and trading approval for 1,93,18,735 equity shares of ₹10 face value. Equity shares will be admitted to trading on NSE under symbol 'NIMBSPROJ' (EQ series)
AGI Infra Gets GMADA License for Utopia Project
AGI Infra Limited received License No. LDC-101/2026 from GMADA on April 1, 2026 for Group Housing Colony 'Utopia by AGI' in New Chandigarh. The project spans 10.26 acres with ~31.93 lakh sqft saleable
India Advances Digital Trade Partnerships and Data Protection
India's IT sector revenue exceeded $280 billion in FY25, with exports of $225 billion, employing over 6 million people, highlighting the sector's economic importance. The government has secured digita
Marksans Pharma Gets USFDA Approval Benzonatate Capsules
Marksans Pharma received final USFDA approval for its ANDA for Benzonatate Capsules USP, 100 mg & 200 mg (Rx). The product is bioequivalent to Pfizer's Tessalon Capsules and treats persistent cough, b
PSERC Revises MPPL Biomass Tariff to ₹5.224/kWh
PSERC Order dated March 27, 2026 determines tariff at ₹5.224/kWh for MPPL's 6 MW biomass plant, up 49.3% from interim ₹3.50/kWh. Dee Development Engineers entitled to recover ~₹5.80 Crores in retrospe
PSERC Determines Tariff for Malwa Power's 6MW Plant
PSERC has determined a tariff of ₹5.224/kWh for FY2025-26 for Dee Development's WOS Malwa Power Pvt. Ltd.'s 6 MW biomass plant. The revised tariff is ₹1.724/kWh higher than the interim rate of ₹3.50/k
IREDA's IFSC Arm Receives BBB+/Stable International Rating
IREDA Global Green Energy Finance IFSC Limited (IGGEFIL) received its inaugural international credit rating of 'BBB+/Stable' from CareEdge Global Ratings on March 31, 2026. The rating is at par with I
Standard Surfactants BSE In-Principle Approval Preferential Warrants
Standard Surfactants Ltd received BSE in-principle approval for preferential issue of 8,00,000 convertible warrants to Promoters. Warrants are convertible into 8,00,000 equity shares of ₹10 each at a
Insecticides India Granted Patent for Insecticidal Combination
Insecticides (India) Limited received a Patent of Addition for a synergistic insecticidal combination of Diafenthiuron and Acetamiprid in wettable powder form. The patent, granted by the Patent Office
Arkade Developers Receives OC for Malad West Project
Arkade Developers received the Occupation Certificate (OC) for its residential project at Malad West on March 30, 2026. The project has been completed in accordance with approved plans and local build
Ratnaveer Gets ECMS Approval for ₹338Cr CCL Plant
Ratnaveer Precision Engineering received ECMS approval on 30th March 2026 for a ₹338 Crore Copper Clad Laminates manufacturing project. The CCL facility, located in Vadodara, Gujarat, is one of India'
Jolly Plastic Board Meet for Preferential Allotment
Board meeting scheduled April 3, 2026 to allot equity shares to Bhaum Digital Ventures Private Limited. Allotment follows SEBI statutory approval received on March 27, 2026 for preferential share issu
Mahindra Lifespaces Litigation Dismissed in Company's Favour
• Mahindra Lifespace Developers Ltd discloses dismissal of litigation against subsidiary MWCJL by Court of Additional District Judge, Jaipur, on 30 March 2026. • The disclosure is filed under Regulati
Jet Freight Logistics Board Meeting Governance Updates
Jet Freight Logistics Limited held a Board Meeting on March 31, 2026, approving three governance and compliance matters. M/s. Daya & Associates (Firm Reg No. 026377N) appointed as Internal Auditors fo
Affordable Robotic Gets In-Principle Approval for Preferential Issue
Affordable Robotic & Automation received in-principle approval from BSE and NSE on March 30, 2026 for a preferential issue. The preferential issue involves up to 6,04,839 equity shares at ₹248 each, a
Baazar Style Retail ₹1.3L Legal Metrology Settlement
Baazar Style Retail received an order from Office of Senior Inspector of Legal Metrology, Prayagraj, dated March 30, 2026. Company paid ₹1,30,000 as settlement fee under the Legal Metrology Act, 2009
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
Granules Life Sciences Gets US FDA VAI Classification
Granules Life Sciences Private Limited (GLS), a wholly owned subsidiary of Granules India, received VAI classification from US FDA for its Shamirpet, Telangana facility. The Establishment Inspection R
RMC Switchgears Migrates to BSE-NSE Mainboard
RMC Switchgears Limited received final listing & trading approval to migrate 1,05,76,850 equity shares from BSE SME Platform to BSE and NSE Mainboards. Migration is effective from Wednesday, April 1,
Lupin Gets FDA Tentative Approval for Sugammadex Injection
Lupin received tentative U.S. FDA approval for Sugammadex Injection (200 mg/2 mL and 500 mg/5 mL) ANDA on March 31, 2026. The product is bioequivalent to Merck's Bridion® Injection, used for reversing
Bank of Baroda MP Debarment Order Revoked
Bank of Baroda clarified to BSE and NSE that a debarment order issued by Commissioner, DIF, Bhopal on 27.03.2026 was cancelled within 24 hours. The issue involved a fund transfer request from an MP Go
GSV and DGCA Sign MoU to Revamp Aircraft Maintenance Training
Gati Shakti Vishwavidyalaya and DGCA signed an MoU to develop a 3-year B.Sc. program in Aircraft Maintenance Engineering (AME). The program aims to standardize AME education, enhance quality benchmark
EPACK Durable Receives ₹37.5 Cr PLI Incentive FY25
EPACK Durable received its 3rd PLI sanction letter for White Goods scheme for FY 2024-25 on March 30, 2026. IFCI Limited approved an incentive of ₹37.50 crore linked to incremental sales and investmen
Dixon Display Technologies Approved Under ECMS
Dixon Technologies' WOS Dixon Display Technologies Private Limited received ECMS approval on 30th March 2026. DDTPL approved to undertake Display module sub-assembly, including liquid crystal and TFT-
Wockhardt Zaynich® Gets CDSCO SEC Favourable Recommendation
CDSCO's Subject Expert Committee granted a favourable recommendation for marketing permission of Wockhardt's novel antibiotic Zaynich® (Zidebactam/Cefepime) for Gram-negative infections. Zaynich® demo
MedPlus Subsidiary Drug License Suspended 3 Days
Optival Health Solutions, a MedPlus subsidiary, received a 3-day drug license suspension for its Parkal Main Road, Telangana store. The suspension order was issued by the Assistant Director, Drugs Con
SDBL License Suspension Update, HC Relief
Som Distilleries updates exchanges on ongoing licence suspension first disclosed via press release on 5th February 2026. MP High Court Single Bench rejected SDBL's licence validation petition on 23rd
MedPlus Subsidiary Drug License Suspended, Karnataka
Optival Health Solutions Pvt Ltd, MedPlus subsidiary, received a 3-day drug license suspension for its Dharwad, Karnataka store. The suspension was ordered by Assistant Director, Drugs Control Adminis
C-DOT Signs MoU with Delhi Police for Smart Policing Tech
C-DOT signs MoU with Delhi Police to deploy nine indigenous tech solutions for modern policing, including facial recognition and secure communications. The suite includes a facial recognition system,
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,
Bharti Airtel DoT Penalty Rs. 1.74 Lakh
Bharti Airtel received a DoT penalty of Rs. 1,74,000 for alleged subscriber verification norm violations in Madhya Pradesh LSA. The penalty follows a CAF Audit conducted by DoT for January 2026, citin
Sun Pharma Philogen Fibromun Nidlegy Clinical Updates
Sun Pharma's partner Philogen reported that Fibromun's Phase II FLASH (STS) and GLIOSTAR (glioblastoma) trials both failed to meet their primary endpoints. Nidlegy's Phase II Duncan study showed 52.6%
Pine Labs RBI Penalty ₹3.1 Lakh KYC Violation
RBI imposed a monetary penalty of ₹3,10,000 on Pine Labs Ltd for KYC non-compliance in PPI issuance. The violation involved issuance of Full-KYC Prepaid Payment Instruments without completing KYC veri
Aarti Pharmalabs US-FDA Inspection Form 483 Issued
US-FDA inspected Aarti Pharmalabs' Unit-IV at Tarapur, Maharashtra, concluding on 27th March 2026. Inspection concluded with issuance of Form 483 carrying one procedural observation. Company will subm
Vraj Iron & Steel Commences Induction Furnace Production
Vraj Iron and Steel received Consent to Operate (CTO) from Chhattisgarh Environment Conservation Board (CECB) on March 27, 2026. The approved Induction Furnace unit at Bilaspur, Chhattisgarh has an in
Tamilnadu Petroproducts HCD Expansion Completed, Operations Begin
Tamilnadu Petroproducts completed expansion of its Heavy Chemicals Division (HCD) plant, with operations commencing 28th March 2026. Tamil Nadu Pollution Control Board granted Consent to Operate for e
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
Alembic Pharma Gets USFDA Approval Paroxetine ER Tablets
Alembic Pharmaceuticals received USFDA final approval for Paroxetine Extended-Release Tablets USP, 12.5 mg on 27th March 2026. The approved sANDA is therapeutically equivalent to Paxil CR Tablets 12.5
APSEZ Operationalises India's First Port of Refuge
APSEZ operationalises India's first Port of Refuge (PoR) via a tripartite MoU with SMIT Salvage (Boskalis) and MERC. Two PoR sites designated: Dighi Port (west coast, Arabian Sea) and Gopalpur Port (e
Sumit Woods NSE Listing Approval for 25.9L Shares
Sumit Woods Limited received NSE listing approval (No. NSE/LIST/53350) on March 27, 2026 for 25,90,000 equity shares. The shares of ₹10 each were allotted pursuant to conversion of warrants issued on
JMG Corporation Open Offer Post-Completion: 52.64% Acquired
Mr. Neerav Bairagi completed JMG Corporation open offer acquiring 37,10,644 shares (16.02%) at ₹5.30/share, paying ₹1.97 crore. Post-offer, Acquirer holds 52.64% (1,21,90,975 shares) in JMG Corporatio
Antara Noida Care Home Gets NABH Accreditation
Antara's Noida Sector 66 care home becomes the first senior care facility in Noida district to receive NABH Care Home Accreditation. This is the second NABH-accredited facility in Antara's network, ma
Lakshya AMC Gets SEBI Final Mutual Fund License
Wealth First Portfolio Managers' subsidiary Lakshya AMC received SEBI's final license to launch and manage mutual funds in India. Lakshya AMC has onboarded Benchmark AMC co-founders Sanjiv Shah, Rajan
Bharti Airtel Receives DoT Penalty Notice ₹1 Lakh
Bharti Airtel received a penalty notice of ₹1,00,000 from DoT Jammu & Kashmir LSA on March 25, 2026. The penalty is for alleged violation of subscriber verification norms under the License Agreement d
Regency Fincorp Gets BSE Debt Listing Approval
Regency Fincorp Limited received BSE listing approval for privately placed securities on the debt market segment. The approval was granted by BSE Limited on 25th March 2026 vide Notice No. 20260325-45
IndusInd Bank Launches Capital Gains Account Scheme
IndusInd Bank launched the Capital Gains Account Scheme (CGAS) on March 26, 2026, following CBDT authorisation. CGAS offers two account types: Type A Savings Account (flexible, no minimum balance) and
Groww AMC Investment by State Street Gets CCI Approval
Billionbrains Garage Ventures (Groww) received CCI approval for State Street Global Advisors' investment in Groww AMC. The transaction, approved by the board on January 14, 2026, involves a Share Subs
Lakshya AMC Gets SEBI Final Mutual Fund License
Wealth First Portfolio Managers discloses SEBI's grant of final AMC license to its subsidiary Lakshya Asset Management Private Limited. The license, dated 25th March 2026, authorises Lakshya AMC to la
PowerBuild Batteries Gets CPRI Certification for OPzS
PowerBuild Batteries, subsidiary of Time Technoplast, received CPRI certification under IS 1651:2013 for OPzS/TBS stationary batteries. Certification covers 2V OPzS battery variants in 100Ah, 200Ah, a
Apollo Hospitals Acquires 30.58% Stake in AHLL
Apollo Hospitals completed acquisition of 30.58% equity stake in subsidiary Apollo Health and Lifestyle Limited (AHLL) from IFC and IFC EAF. Total purchase consideration for 41,650,638 equity shares w
MedPlus Subsidiary Drug License Suspended in Karnataka
Optival Health Solutions, a MedPlus subsidiary, received a 3-day drug license suspension for its Mandya, Karnataka store. The suspension was issued by the Assistant Director, Drugs Control Administrat
Astral Subsidiary Granted Multiport Water Outlet Patent
Astral Limited's wholly owned subsidiary Al-Aziz Plastics Private Limited received Indian patent No. 583449 for 'MULTIPORT WATER OUTLET'. The patent is valid for 20 years commencing November 01, 2021,
Capri Global Receives Moody's Ba3, Fitch BB- Ratings
Capri Global Capital Limited received first-time Moody's 'Ba3' Corporate Family Rating with a stable outlook on March 23, 2026. Fitch Ratings assigned 'BB- (Stable)' Long-Term IDR, 'B' Short-Term IDR,
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
Tyche Industries Receives ANVISA Brazil GMP Certificate
Tyche Industries received a GMP Compliance Certificate from ANVISA, Brazil for its Kakinada, Andhra Pradesh manufacturing facility. The certificate is valid for two years from March 16, 2026 to March
Wanbury Launches Pediatric Coriminic CPM, NS Drops
Wanbury Limited launched Coriminic CPM Drops (Chlorpheniramine Maleate) and Coriminic NS Nasal Drops for children under 4 years. The launches address DCGI restrictions on fixed-dose combinations (Chlo
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:
Sammaan Capital Gets RBI Nod for ₹8,850 Cr Acquisition
RBI approved Avenir Investment RSC Ltd's proposed acquisition of controlling stake in Sammaan Capital Limited on March 24, 2026. Investor to infuse ~₹8,850 crore via preferential issue, acquiring ~41.
Lupin Gets Tentative FDA Approval for Pitolisant Tablets
Lupin received tentative U.S. FDA approval for its ANDA for Pitolisant Tablets in 4.45mg and 17.8mg strengths. The product is bioequivalent to Wakix® and will be manufactured at Lupin's Nagpur facilit
Emkay Global: 2,78,300 Warrant-Conversion Shares Trading Approved
Emkay Global received NSE and BSE trading approvals on March 24, 2026 for 2,78,300 equity shares allotted via warrant conversion on preferential basis. Shares were allotted to Promoter at Rs. 239.50 e
IIRM Holdings Acquires SafeRisk Insurance Brokers for ₹55.12 Cr
IIRM Holdings' WOS India Insure to acquire 100% stake in SafeRisk Insurance Brokers for ₹55.12 crore cash consideration. SafeRisk, a Bhubaneswar-based insurance broking firm, reported FY25 turnover of
Fino Payments Bank Q4 FY26 Referral Loan Surge
Fino Payments Bank's Q4 FY26 referral loan disbursements reached ~₹540 crore as of March 20, 2026, tracking toward ~₹1,300 crore for full FY26. The Bank received RBI 'in-principle' approval on Decembe
Pakka Limited Secures UP Cabinet LOC ₹224.47 Cr
Pakka Limited received UP Cabinet approval for a Letter of Comfort for ₹224.47 crore fiscal incentives under UP Industrial Investment and Employment Promotion Policy, 2022. The LOC pertains to the com
RBI Approves Bapunagar Mahila-Vinayak Sahakari Merger
RBI sanctioned the voluntary amalgamation of The Bapunagar Mahila Co‑operative Bank Ltd with Shri Vinayak Sahakari Bank Ltd. The amalgamation scheme becomes effective on March 27, 2026, converting all
RBI Extends Shree Mahalaxmi Bank Directive
RBI extended the operational directive for Shree Mahalaxmi Urban Co-operative Credit Bank from March 27, 2026 to June 27, 2026. The extension adds a three‑month period, subject to review, without alte
Mantra Capital Gets BSE In-Principle Approval Preferential Issue
Mantra Capital Limited received BSE in-principle approval on March 24, 2026 for a preferential issue of equity shares and warrants. The issue comprises 48,25,000 equity shares to non-promoters and 45,
CCI Approves MUFG Bank Investment in Shriram Finance
Shriram Finance discloses CCI approval received by MUFG Bank Ltd on March 25, 2026 for proposed equity investment. MUFG Bank will receive 47,11,21,055 equity shares via preferential issue under Invest
Affle 3i Granted Blockchain Fraud Detection Patent
Affle 3i Limited received an Indian patent for a blockchain-based decentralized fraudulent IP address and publisher repository system. The patented technology enables real-time fraud detection, blackl
Emirates NBD Gets UAE Central Bank Approval for RBL Stake
Emirates NBD Bank (P.J.S.C) received Central Bank of UAE approval on March 24, 2026 for acquiring a majority stake in RBL Bank. The approval also covers the proposed amalgamation of Emirates NBD's exi
IIRM Holdings Acquires SafeRisk Insurance Brokers 100%
IIRM Holdings' wholly owned subsidiary India Insure is acquiring 100% equity of SafeRisk Insurance Brokers for ₹55.12 crore cash consideration. SafeRisk reported FY25 turnover of ₹27.78 crore, net wor