Category
Special Situations & Event Driven
255 articles
Hira Automobiles Submits Quarterly SEBI Compliance Report
Hira Automobiles Limited has submitted its quarterly compliance report under SEBI's minimum public shareholding order, detailing the historical delisting process initiated in 2013.
The company has bee
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
Narayana Hrudayalaya Shareholders Approve Demerger Scheme
Narayana Hrudayalaya's scheme of arrangement with NH Integrated Care was approved by 99.9999% of voting equity shareholders, with 100% approval from secured and unsecured creditors.
The scrutinizer co
Hercules Investments Dispatches Postal Ballot; Multiple Legal Notices
Hercules Investments dispatched a postal ballot notice for e-voting on the appointment of an independent director, with remote e-voting from April 3 to May 2, 2026.
Cholamandalam Investment issued a p
Kkalpana Plastick Submits Special Window Publication to BSE
Kkalpana Plastick Limited has submitted to BSE the newspaper publication for the special window for dematerialisation of physical shares for the period April 5 to June 4, 2026.
Canara Bank has invited
Vedanta's March 2026 Insights: Women Investors, Commodity Watch, Demerger
Vedanta's March 2026 regulatory filing highlights the growing participation of women investors in India, noting a 129% growth in women's demat accounts since 2021.
The report includes a commodity watc
Beekay Steel, Events Limited IPO, DCB Bank IEPF Notice
Beekay Steel Industries Ltd. advertised for physical share lodgement per SEBI circular dated January 30, 2026.
Events Limited filed a Draft Red Herring Prospectus for an initial public offering on NSE
CIAN Agro Approves Six-Entity Amalgamation Scheme
CIAN Agro's Board approved merger of six subsidiaries/step-down subsidiaries into itself under Sections 230–232 of Companies Act, 2013.
MAIIL equity shareholders to receive 30 CIAN shares per 100 MAII
MTNL Fails to Fund Bond Series V Interest Escrow
MTNL could not fund the escrow account for its 11th semi-annual interest payment due on April 12, 2026, citing insufficient funds.
The payment pertains to 7.05% MTNL Bond Series V (INE153A08089), gove
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
TTI Enterprise Promoter Reclassification Approved by BSE
BSE approved TTI Enterprise's promoter reclassification application on April 2, 2026, filed February 14, 2026 under Regulation 31A(10) of SEBI (LODR) Regulations, 2015.
Seven promoter entities holding
Zenrock Chemicals Open Offer for Indo Borax 26%
• Zenrock Chemicals launched a mandatory open offer for 26% (83,43,400 shares) of Indo Borax at ₹256.30/share, totalling ₹213.84 crore maximum consideration.
• Acquirer and PACs (Edelweiss-managed AIF
Mahaalaxmi Texpro Promoter Pledge-Free Declaration FY2026
Mahaalaxmi Texpro Limited filed a Regulation 31(4) declaration confirming zero pledge or encumbrance on promoter equity shares for FY ended 31 March 2026.
The company was sold to Mahaalaxmi Textile as
GTN Textiles Pledges 23.57% Patspin India Shares
• Patspin India Ltd filed a Regulation 31(4) SEBI (SAST) disclosure for year ended March 31, 2026, on behalf of main promoter GTN Textiles Ltd.
• GTN Textiles Ltd holds 1,42,87,068 equity shares (46.2
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
MBECL Reports Nil Debt After NCLT Resolution
McNally Bharat Engineering filed a SEBI-mandated default disclosure showing nil outstanding loans and debt as on 31.03.2026.
All loans were fully settled under an approved Resolution Plan per NCLT Ord
Advait Energy Winds Up Norway Subsidiary
Advait Energy Transitions Ltd intimates winding up of its wholly owned Norwegian subsidiary Advait Energy Holdings AS, effective March 31, 2026.
The subsidiary contributed zero turnover and had a nega
Omnitech Engineering CIN Updated Post-Listing
Omnitech Engineering Limited intimates BSE and NSE of its CIN change from U26100GJ2021PLC124801 to L26100GJ2021PLC124801 post-listing.
Company status updated from 'Unlisted' to 'Listed' on NSE and BSE
NCLT Lists Lark Logistics Insolvency Case Under IBC
NCLT lists insolvency application by Tarannom Shargh International Transportation Company against Lark Logistics under IBC Section 9.
The case (IB/139/2021) and connected applications are listed for a
NCLT Re-notifies Universal Journeys Insolvency Application
The National Company Law Tribunal (NCLT) has re-notified a corporate insolvency application filed by Universal Journeys India Private Limited under Section 10 of the Insolvency and Bankruptcy Code, 20
NCLT Re-notifies Senior Builders Insolvency Hearing
The NCLT has re-notified the hearing of an insolvency case against Senior Builders Limited to April 6, 2026.
The application was filed under Section 7 of the IBC by Lt. Col. Retd. SPS Aurora and other
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
Emcure Acquires Cutimed Inc., Merges with Mantra
Emcure's step-down subsidiary Mantra Pharma Inc. acquired 100% of Cutimed Inc. for up to CAD $5.05 million cash on April 01, 2026.
Cutimed Inc., a Québec-incorporated cosmetics and dermatological prod
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
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)
Sadbhav Engineering Restructuring Plan Implemented by PNB
Sadbhav Engineering Limited's Restructuring Plan was duly implemented on 31/03/2026 under RBI's Resolution of Stressed Assets Directions, 2025.
PNB-led consortium holding 77.83% by value and 60% by nu
Utkarsh SFB Amalgamation Scheme Approved by Shareholders
• Utkarsh Small Finance Bank held an NCLT-convened equity shareholders' meeting on March 28, 2026 to approve amalgamation with Utkarsh CoreInvest Limited.
• The scheme was passed with 99.9954% votes i
Utkarsh SFB Amalgamation Scheme Approved by Creditors
Unsecured Creditors of Utkarsh Small Finance Bank approved the Scheme of Amalgamation with Utkarsh CoreInvest Limited with 100% votes in favour.
Of 1,292 eligible unsecured creditors (total outstandin
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
Panther Industrial Products Board Meeting April 8
Panther Industrial Products Ltd has scheduled a Board of Directors meeting on Wednesday, 08 April, 2026 at 2:30 p.m.
The board will consider and approve a draft scheme of amalgamation and arrangement,
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
Arco Leasing Open Offer: Kothari & Jaiswal Acquire 25.57%
• Mandatory open offer by Mr. Jitesh Kothari and Mr. Atul Jaiswal to acquire 27,74,970 shares (25.57% of expanded capital) of Arco Leasing Limited at ₹10/share, totalling ₹2.77 crore.
• Underlying tra
IOL Chemicals WOS IOL Life Sciences Struck Off
IOL Chemicals and Pharmaceuticals Limited's wholly owned subsidiary, IOL Life Sciences Limited, has been struck off by the Registrar of Companies effective 1st April 2026.
The WOS had nil revenue from
MT Educare Not Large Corporate, Under CIRP
MT Educare Limited confirms it does not meet Large Corporate criteria under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 as of March 31, 2026.
The company is undergoing Corporate Insolvency Resolution Pr
Bajaj Hindusthan Sugar CCPS Allotment Under Resolution Plan
Bajaj Hindusthan Sugar allotted 44,56,67,369 Series A 0.01% CCPS at Re.1/- each, aggregating Rs.44.57 Crores to Bank of India.
The allotment represents conversion of loan into CCPS on preferential bas
Bajaj Hindusthan Sugar Allots Shares to Bank of India
Bajaj Hindusthan Sugar allotted 1,67,23,565 equity shares at Rs. 5.12 per share to Bank of India via loan conversion.
The preferential allotment aggregates to Rs. 8.56 crores under the company's Resol
Accretion Nutraveda CIN Updated Post BSE SME Listing
Accretion Nutraveda Limited's CIN was updated by MCA from 'U24290GJ2021PLC121216' to 'L24290GJ2021PLC121216' post BSE SME listing.
The CIN change reflects the company's transition from private to publ
Krishna Capital EGM: Preferential Issue, Control Change
• Krishna Capital & Securities Ltd has convened an EGM on April 25, 2026, to approve four special business items including a ₹60 crore preferential issue.
• The company proposes to issue 3,00,00,000 e
Tata Motors Q4 FY26 CV Sales Up 25% YoY
Tata Motors reported Q4 FY26 total CV sales of 1,32,465 units, a 25% YoY increase over 1,05,643 units in Q4 FY25.
Full-year FY26 total CV sales grew 14% YoY to 4,28,329 units; EV volumes surged 59% Yo
SITI Networks CIRP Loan Default Quarterly Disclosure
SITI Networks discloses full loan default of ₹1,206.03 crore as on March 31, 2026, per SEBI circular on default disclosures.
Company is under CIRP initiated by NCLT Mumbai on February 22, 2023; Board
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
Asgard Alcobev Open Offer IDC Recommends Acceptance
Asgard Alcobev's Independent Directors' Committee recommends acceptance of the open offer at Rs. 1.45 per share under SEBI SAST Regulations, 2011.
Acquirers Ronak Jain, Sarita Jain, Priyanka Jain, and
RMC Switchgears Migrates to BSE/NSE Main Board
RMC Switchgears Limited received approval to migrate from BSE SME Platform to BSE Main Board effective April 1, 2026.
The company simultaneously lists on NSE's Capital Market Segment (Main Board), enh
BLS E-Services Extends Atyati Technologies Acquisition Deadline
BLS E-Services has amended its binding offer to acquire 100% equity of Atyati Technologies Private Limited, extending the deadline to April 30, 2026.
The original acquisition announcement was made on
NCLAT Dismisses Personal Guarantor Appeals in SBI Insolvency Case
The National Company Law Appellate Tribunal dismissed appeals by personal guarantors against the admission of a Section 95 application by State Bank of India.
The court held that the personal guarante
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
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
Yes Bank Receives INR 210 Cr from JC Flower ARC Trusts
Yes Bank received INR 210 crores in aggregate from two trusts in its Security Receipts Portfolio linked to JC Flower ARC.
The receipts comprise INR 110 crores and INR 100 crores from two separate trus
Nutraplus India Q2 FY26 Qualified Review, Deep Losses
Nutraplus India Ltd (BSE: 524764) approved unaudited Q2 FY26 standalone results on October 25, 2025 under SEBI LODR Regulations 30 and 33.
Auditor issued a Qualified Limited Review Report citing non-c
Wipro Merges Two US Step-Down Subsidiaries
Wipro Limited discloses completion of merger of Rizing Consulting USA, LLC into Rizing LLC, effective March 31, 2026.
Both entities are step-down subsidiaries providing consulting and software support
MM Forgings Postal Ballot: Capital Raise & Share Capital Increase
MM Forgings Limited filed a Regulation 30 disclosure enclosing newspaper advertisements for its Postal Ballot notice published on 31 March 2026.
The Postal Ballot seeks shareholder approval for two sp
BLS International Subsidiary Strike-Off Update
BLS International updates exchanges on voluntary strike-off of wholly owned subsidiary Reired BLS International Services Private Limited.
The subsidiary has filed e-Form STK-2 with RoC, NCT of Delhi;
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
Eris Lifesciences Closes Velbiom Probiotics Acquisition
Eris Lifesciences announces successful closure of the Probiotics Business acquisition from Velbiom Probiotics Private Limited.
The transaction was initially intimated to exchanges on March 20, 2026, a
Rediff.com Files Pre-DRHP for IPO
AvenuesAI Limited discloses that its subsidiary Rediff.com India Limited has filed a Pre-DRHP with SEBI, BSE, and NSE for a proposed IPO.
The filing is under Chapter IIA of SEBI ICDR Regulations 2018
RNIT AI Solutions Completes ₹26.33 Crore Preferential Allotment
RNIT AI Solutions completed a preferential allotment of 52,66,537 equity shares at ₹50 each, raising ₹26.33 crore.
The allotment was pursuant to an NCLT Jaipur Bench Resolution Plan order dated Septem
Megamont Ltd Promoter Stake Sale to New Promoters
Megamont Limited discloses execution of Share Purchase Agreement under SEBI LODR Regulations 30 and 30A.
Existing promoter Faze Three Limited agrees to sell its entire shareholding to Ms. Mounica Madd
Megamont Ltd Promoters Seek Public Reclassification
Megamont Limited received reclassification requests from 6 promoter/promoter group entities to move to 'Public' category under Regulation 31A of SEBI LODR.
The reclassification follows Faze Three Limi
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
Vedanta Director Change, Demerger Timeline Extended
Mr. Dindayal Jalan ceases as Non-Executive Independent Director of Vedanta Limited effective March 31, 2026, completing his second and final term.
Mr. S.V. Murali Dhar Rao, former SEBI Executive Direc
Asahi Industries CIRP Resolution: Safex Realtor Takes Control
Asahi Industries Limited completes CIRP under NCLT Mumbai order dated 13/11/2020, with management handed over on March 24, 2026.
Safex Realtor Private Limited acquires 75% shareholding as Successful R
Tinna Rubber WOS Netherlands Dissolved
Tinna Rubber And Infrastructure Limited discloses voluntary winding up of its wholly owned subsidiary Tinna Rubber B.V., Netherlands.
The WOS was non-operational since inception with nil turnover and
Carysil Ceramictech WOS Voluntary Strike-Off Filed
Carysil Limited filed disclosure under Reg. 30 SEBI LODR regarding voluntary strike-off of its wholly owned subsidiary Carysil Ceramictech Limited.
Carysil Ceramictech Limited never commenced operatio
Global Ocean Logistics Board Meeting Key Approvals
Global Ocean Logistics India Limited's Board met on March 31, 2026, approving eight key business matters.
Board approved fixed asset capex up to ₹1 Crore, RPTs, RTA agreement with Kfin Technologies, a
TMICC Completes 61.9% Acquisition of Kwality Wall's
The Magnum Ice Cream Company (TMICC) completed acquisition of 61.9% equity shares of Kwality Wall's (India) Limited (KWIL) under a Share Purchase Agreement with Unilever dated June 25, 2025.
KWIL will
Meghmani Organics Board Meeting for Amalgamation
Meghmani Organics Ltd has scheduled a Board of Directors meeting on April 4, 2026.
The meeting will consider, review, and approve a Scheme of Amalgamation.
The disclosure was filed with NSE (symbol: M
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
MT Educare Discloses ₹32.33 Cr Loan Default
MT Educare Ltd (In CIRP) discloses default on principal and interest to Prudence ARC and Axis Bank under SEBI LODR Regulation 30.
Total outstanding borrowings stand at ₹32.33 crore; defaults on princi
Utkarsh SFB Completes Stressed MFI Loan Sale
Utkarsh Small Finance Bank completed transfer of stressed MFI loan portfolios to ARCs via Swiss Challenge Method on March 31, 2026.
Two pools totalling ₹1,491.99 cr principal across 4,28,862 accounts
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,
Capri Global Capital NCD Public Issue ₹5,000 Million
Capri Global Capital Limited's Management Committee approved Shelf & Tranche I Prospectus on March 30, 2026, for a public NCD issue.
Tranche I Issue size is ₹5,000 million (₹1,000 million base + ₹4,00
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
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
NCLT Adjourns SIDBI Insolvency Case to April 2026
The National Company Law Tribunal (NCLT) adjourned the hearing of an insolvency petition filed by SIDBI against Ish Raj Silicon Pvt. Ltd. to April 7, 2026.
The case, filed under Section 7 of the Insol
NCLT Adjourns Hearing in Incred Financial vs. Resonance Eduventures
The National Company Law Tribunal (NCLT) Jaipur Bench adjourned a hearing in the insolvency case filed by Incred Financial Services against Resonance Eduventures.
The hearing, originally scheduled for
NCLT Adjourns Bank of Baroda Insolvency Case Against Guarantor
The National Company Law Tribunal (NCLT) Jaipur Bench adjourned the hearing of an insolvency application filed by Bank of Baroda against a personal guarantor due to the unavailability of a judicial me
NCLT Adjourns Unique Infraengineering Insolvency Hearing to April 2026
The National Company Law Tribunal (NCLT) Jaipur Bench has adjourned a hearing in an insolvency case to 07.04.2026 due to the unavailability of the judicial member.
The case involves an operational cre
NCLT Adjourns Neo Infrastructure Insolvency Case Awaits SC
The National Company Law Tribunal (NCLT) adjourned the insolvency case of Neo Infrastructure Pvt. Ltd. under Section 7 of the IBC, 2016, pending a Supreme Court judgment.
The case, filed by Bank of Ba
NCLT Adjourns Section 7 IBC Case Due to AC Failure
The National Company Law Tribunal (NCLT) adjourned a Section 7 IBC hearing due to an AC failure in the courtroom.
The case involves Profectus Capital Private Limited as the applicant and M K Fashion H
NCLT Admits Section 9 IBC Application Against Pithadai Construction
The National Company Law Tribunal (NCLT) admitted a Section 9 IBC application filed by Mittal Construction Co. against Pithadai Construction Pvt. Ltd. for an unpaid operational debt.
The NCLT issued a
Bilcare Redeems Shares, Liquidates UK Subsidiary
Bilcare Limited redeemed 31,50,000 preference shares of Caprihans India Limited on March 23, 2026, aggregating ₹3.15 crore.
Bilcare converted 12,90,000 warrants into equity shares of Caprihans India L
RGF Capital Markets EGM Addendum: Auditor Change, Shareholding Correction
RGF Capital Markets issued an Addendum cum Corrigendum to its EGM Notice (March 10, 2026) for the April 09, 2026 EGM.
M/s. Beriwal & Associates resigned as statutory auditor on March 27, 2026; M/s. Ar
NHAI Nears FY26 Monetisation Target with Rs. 28,300 Crore
NHAI has realized over Rs. 28,300 crore through InvIT and TOT models, nearing its FY 2025-26 target of Rs. 30,000 crore.
InvIT Round 5 was awarded for Rs. 6,366.98 crore for two NH sections, while TOT
Dabur India NCLT-Directed Amalgamation Meeting Notice
Dabur India Limited notifies BSE and NSE of an NCLT-directed equity shareholders' meeting on May 02, 2026 via VC/OAVM.
The meeting seeks shareholder approval for a Scheme of Amalgamation between Sesa
Grameva Ltd Open Offer 26% Stake at ₹30
Three acquirers launch open offer for 12,47,844 equity shares (26%) of Grameva Limited at ₹30 per share.
Tendering period runs April 1–16, 2026; payment of consideration due by April 30, 2026.
Acquire
Sanginita Chemicals 26% Open Offer at ₹13.55
BNG Investment LLC and Anubhav Agarwal launch open offer for 1,56,89,957 shares (26%) of Sanginita Chemicals at ₹13.55/share.
Offer triggered by SSPA dated 20th March 2026, involving secondary acquisi
MTNL Assigns BKC Leasehold to NABARD ₹350.72 Cr
MTNL executed a Deed of Assignment of Leasehold Property with NABARD on March 30, 2026.
The property is GN Block BKC Quarters (28 units), plot area 2680 sqm, built-up area 4021.43 sqm, Mumbai.
NABARD
Coal India Subsidiary CMPDI Lists via IPO
Coal India Limited disclosed the IPO listing of subsidiary Central Mine Planning & Design Institute Limited (CMPDI) on BSE and NSE effective March 30, 2026.
Coal India offloaded 107,100,000 equity sha
Tinna Rubber Promoter Transfers 30% Stake to Family Trust
Bhupinder Kumar Sekhri transferred 54,04,730 shares (30%) of Tinna Rubber to Sekhri Family Annuity Trust via off-market inter-se transfer without consideration on March 26, 2026.
SEBI granted exemptio
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
Andhra Cements Merger with Sagar Cements Approved
Andhra Cements' Board gave in-principle approval on 30th March 2026 to merge with parent Sagar Cements Limited.
The merger is subject to necessary approvals from regulatory and other concerned authori
Tijaria Polypipes OTS Writ Petition Dismissed
Tijaria Polypipes filed a Reg. 30 disclosure enclosing a Rajasthan High Court order dated 27/03/2026 dismissing its OTS writ petition against Bank of India.
The court dismissed S.B. Civil Writ Petitio
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
India Finsec EGM: Subsidiary IPO, Director Reappointment
India Finsec Limited has convened an EGM on April 24, 2026 via VC/OAVM to transact two special business items.
Shareholders will vote on approving the IPO of subsidiary IFL Finance Limited (formerly I
Star Cement Q3 FY26 Results, Dividend & Promoter Reclassification
Star Cement filed a no-objection application with NSE and BSE on February 10, 2026, for reclassifying 29-member Chamaria Group (6.052% stake) from Promoter to Public category.
Q3 FY26 standalone PAT t
Bain Capital Acquires 9.89% in Manappuram Finance
BC Asia Investments XXV Limited was allotted 9,29,01,373 equity shares of Manappuram Finance at INR 236 per share via preferential allotment on March 27, 2026.
BC Asia Investments XIV Limited was simu
EPL-Indovida Merger Creates ~$2bn Packaging Platform
EPL Limited's board approved merger with Indovida India Private Limited on March 29, 2026, creating a ~$2bn consumer packaging platform.
Combined entity will have INR 83.8bn revenue, 20.9% EBITDA marg
EPL-Indovida Merger Creates $2B Packaging Platform
EPL Limited and Indovida India Private Limited signed definitive merger agreements on March 29, 2026, creating a ~$1B revenue, ~$2B valuation packaging entity.
EPL is valued at INR 339/share (70% prem
EPL Limited Approves Indovida India Merger Scheme
EPL Limited's board approved a scheme of amalgamation to merge Indovida India Private Limited into EPL via absorption on March 29, 2026.
Share exchange ratio set at 286 EPL equity shares (FV ₹2) for e
BKM Industries Post-CIRP Board Approves Results, Trading Resumption
BKM Industries Limited (formerly Manaksia Industries Ltd.) held a Board Meeting on 28–29 March 2026 to regularize compliances post-CIRP under the NCLT-approved Resolution Plan.
The Board approved stan
BKM Industries Q1 FY24 Delayed CIRP Results
BKM Industries submits Q1 FY24 results nearly 3 years late, delayed due to Corporate Insolvency Resolution Process under IBC 2016.
Standalone and consolidated net loss of ₹26 lakhs for Q1 FY24; zero r
BKM Industries FY23 Results Filed Post-CIRP
BKM Industries filed delayed FY23 standalone and consolidated results on March 28, 2026, approximately three years late due to CIRP under IBC 2016.
Manufacturing operations were entirely non-operation
BKM Industries Delayed Q3 FY23 Results Post-CIRP
BKM Industries filed Q3 FY23 results (quarter ended December 31, 2022) on March 28, 2026, delayed over 3 years due to CIRP under IBC 2016.
Company reported zero revenue from operations and a consolida
BKM Industries Q2 FY23 Results Filed Post-CIRP
BKM Industries filed delayed Q2 FY23 standalone and consolidated financial results on 28 March 2026, over 3.5 years late due to CIRP under IBC 2016.
The company reported nil revenue from operations wi
BKM Industries FY22 Results Filed Post-CIRP
BKM Industries filed delayed standalone and consolidated financial results for Q4 and FY ended March 31, 2022, approved by the Board on March 28, 2026.
The delay was due to Corporate Insolvency Resolu
BKM Industries Files Delayed Q1 FY23 Results Post-CIRP
BKM Industries filed standalone and consolidated Q1 FY23 results on 28 March 2026, nearly four years late due to CIRP under IBC 2016.
The company reported zero revenue and a net loss of ₹58 lakhs for
BKM Industries Delayed Q2 FY22 Results Post-CIRP
BKM Industries files Q2 FY2022 standalone and consolidated results on 28 March 2026, delayed ~4.5 years due to CIRP under IBC 2016.
Company reported zero revenue; standalone net loss of ₹291 lakhs for
BKM Industries Files Delayed Q3 FY2022 Results Post-CIRP
BKM Industries filed Q3 & 9M FY2022 standalone and consolidated results on 28 March 2026, over 4 years delayed due to CIRP under IBC.
Standalone net loss stood at ₹273 lakhs for Q3 FY2022 and ₹837 lak
BKM Industries Q1 FY22 Delayed Results Post-CIRP
• BKM Industries filed Q1 FY2022 (June 30, 2021) standalone and consolidated results on March 28, 2026, delayed due to CIRP under IBC 2016.
• Company reported zero revenue and a net loss of ₹273 lakhs
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
Arshiya Ltd 43rd & 44th AGM E-Voting Results
Arshiya Limited (under CIRP) held its 43rd AGM (FY 2023-24) and 44th AGM (FY 2024-25) on March 27, 2026 via VC/OAVM, passing all resolutions.
CIRP was initiated by Punjab National Bank for an alleged
India Cements Amalgamation Scheme Effective 28 March 2026
India Cements received NCLT Chennai order sanctioning amalgamation of four wholly owned subsidiaries with itself.
The Scheme is effective 28 March 2026, with an appointed date of 1 January 2025 for as
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
Bain Capital Acquires 9.89% Stake in Manappuram Finance
BC Asia Investments XXV Ltd (Bain Capital) was allotted 9,29,01,373 equity shares of Manappuram Finance at ₹236 per share via preferential allotment on March 27, 2026.
BC Asia Investments XIV Ltd was
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
Bajaj Hindusthan Sugar Allots Shares to UCO Bank
Bajaj Hindusthan Sugar allotted 3,69,88,476 equity shares at Rs. 5.12/share to UCO Bank, aggregating Rs. 18.94 Crores via loan conversion.
The allotment is part of a Resolution Plan, converting lender
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.
CIAN Agro NCLT Approves Shubhada Tool Resolution Plan
NCLT Mumbai Bench approved CIAN Agro's Resolution Plan for Shubhada Tool Industries Private Limited on March 24, 2026.
Shubhada Tool Industries, under IBC process, manufactures hand-tools with a plant
SFAL Open Offer to Delist Nilachal Refractories at ₹22
SFAL Speciality Alloys Limited filed a composite open offer cum delisting offer for Nilachal Refractories Limited at ₹22/share covering 59,83,928 shares (29.39% voting capital).
Acquirer entered SPA o
Midland Polymers Open Offer 26% Stake Acquisition
• Five acquirers launch open offer for 97.5 lakh shares (26%) of Midland Polymers Ltd at Rs. 10/share, totaling Rs. 9.75 crore.
• Offer triggered by Board-approved preferential allotment of 2,38,31,24
Cigniti-Coforge Merger: NCLT Reserves Order
NCLT reserved its order on March 27, 2026 for formal pronouncement on the Cigniti-Coforge Scheme of Amalgamation.
Statutory Authorities recorded no-objection to sanctioning the Scheme of Amalgamation.
Swan Defence Completes Full CoC Repayment
Swan Defence and Heavy Industries Ltd completed full and final repayment to all Committee of Creditors members on 27 March 2026.
Repayment was made in accordance with the Resolution Plan pursuant to N
Coforge-Cigniti Merger NCLT Order Reserved
NCLT reserved the order on March 27, 2026 for formal pronouncement on Coforge-Cigniti amalgamation scheme.
Statutory Authorities recorded no-objection to the sanctioning of the proposed Scheme of Amal
Markolines Amalgamation Scheme Merchant Banker Correction
Markolines Pavement Technologies filed a clarification correcting merchant banker details in its Board Meeting Outcome dated 6th March 2026.
Sobhagya Capital Options Pvt Ltd (SEBI Reg. INM000008571) i
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
United Breweries Duplicate Share Certificate Notice
• UBL files duplicate share certificate notice for 1,200 shares (Certificate No. 108386) lost by shareholder Chandra Prabha, per SEBI Circular dated December 24, 2025.
• Avro India issues EGM corrigen
Polycab Amalgamation with Uniglobus Effective March 27
Polycab India Limited's Scheme of Amalgamation with Uniglobus Electricals and Electronics Private Limited became effective on March 27, 2026.
Both companies filed the certified copy of NCLT's February
NCLT Adjourns Personal Guarantor Cases Involving Premier Vinyl Flooring
The National Company Law Tribunal (NCLT) Allahabad Bench has adjourned three applications related to personal guarantors of Premier Vinyl Flooring Limited under the Insolvency and Bankruptcy Code (IBC
SIDBI Seeks Extension to Cure Appeal Defects
SIDBI filed an appeal on 17.12.2025, but the NCLAT registry raised defects on 19.12.2025, requiring a re-filing.
The appellant re-filed the appeal on 18.03.2026, causing a delay of 82 days in curing t
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
NCLAT Lists SBI Insolvency Appeals for Hearing
The National Company Law Appellate Tribunal (NCLAT) has listed three insolvency appeals for hearing on 22 April 2026.
The appeals are filed by individuals against the State Bank of India's Stressed As
SAT Interim Order Continues in Trucap Open Offer
Sundae Capital Advisors updates NSE and BSE on SAT proceedings related to the open offer for Trucap Finance Limited.
SAT heard the matter on March 25, 2026, granted appellant two weeks to file a rejoi
Syngene Leadership Overhaul: CEO Change, KMS Executive Role
Syngene's Board approved Kiran Mazumdar Shaw's transition from Non-Executive to Executive Chairperson, effective April 1, 2026, for 5 years.
MD & CEO Peter Bains resigned, effective close of business
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
Arshiya Limited 43rd AGM Proceedings Under CIRP
Arshiya Limited held its 43rd AGM on March 27, 2026 via VC/OAVM, chaired by Resolution Professional Mr. Pankaj Mahajan.
Three agenda items transacted: adoption of standalone FY2023-24 financials, noti
EMA India Amalgamation with Dynalog India Approved
EMA India's Board approved a Scheme of Amalgamation with Dynalog India Limited on March 27, 2026, subject to NCLT and regulatory approvals.
Share exchange ratio set at 28 Dynalog India shares for ever
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
Brijlaxmi Leasing Open Offer SEBI Observation Letter Received
Brijlaxmi Leasing filed this disclosure under Regulation 30 of SEBI (LODR) Regulations, 2018, updating on its Open Offer process.
SEBI issued its observation letter dated March 23, 2026, on the Draft
Birla TransAsia Carpets FY2023 Annual Report: Dormant, Suspended
Birla TransAsia Carpets reported zero revenue in FY2023 with a net loss of Rs. 1,571, remaining operationally dormant.
BSE trading has been suspended since July 19, 2017; company has not filed any sta
Mazagon Dock Acquires 51% Stake in CDPLC
Mazagon Dock Shipbuilders Ltd. has concluded acquisition of 3,66,49,271 shares in Colombo Dockyard PLC (CDPLC), raising total stake to 51%.
The acquisition was executed via a Mandatory Offer under Sri
Birla TransAsia Carpets FY25: Zero Revenue, Deep Losses
Birla TransAsia Carpets reports zero revenue for the second consecutive year with a net loss of Rs. 20,000 for FY2024-25.
Total equity stands deeply negative at Rs. 27.02 crore; unsecured loans of Rs.
Harmony Capital Postal Ballot Error Correction
Harmony Capital Services Ltd corrects inadvertent errors in promoter shareholding data in its postal ballot notice dated 20 November 2025.
Pre-issue promoter holding corrected from 21,91,760 shares (7
Vishnu Chemicals UAE Subsidiary Winding-Up Delayed
Vishnu Chemicals updates BSE/NSE on delayed closure of its UAE wholly owned subsidiary, Vishnu International Trading FZE.
Winding-up delay attributed to prevailing geopolitical conditions in the Middl
Piramal Finance Amalgamation, NCD Issue, Director Resignation
Piramal Finance Board approved merger of three wholly-owned subsidiaries — PCTPL, PAOPL, and DIL — to simplify group structure.
Board approved issuance of Redeemable NCDs on private placement basis up
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
Bajaj Hindusthan Sugar Allots CCPS Worth ₹2712 Crore
Bajaj Hindusthan Sugar's Committee of Directors allotted 27,11,98,82,478 Series A 0.01% CCPS at Re.1 each, aggregating Rs.2711.99 Crores.
The CCPS were issued on a preferential basis to 10 lenders via
Bajaj Hindusthan Sugar Allots Shares to Lenders Rs.542.51Cr
Bajaj Hindusthan Sugar's Committee of Directors allotted 105.96 crore equity shares to 10 lenders at Rs.5.12/share aggregating Rs.542.51 Crores.
Allotment is by way of loan-to-equity conversion under
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
SKIL Infrastructure CS Nilesh Mehta Resigns
SKIL Infrastructure Ltd, under CIRP since February 1, 2024, discloses resignation of Company Secretary Nilesh Mehta effective April 10, 2026.
Mehta cited prolonged non-payment of salary exceeding two
Shah Foods Acquires TPTPL via Share Swap, Dual Preferential Allotment
Shah Foods Limited acquired 100% stake in Tandhan Power Technologies Private Limited via share swap valued at ~Rs. 99.28 crore.
Board allotted 1,58,85,037 equity shares at Rs. 62.50 each (non-cash) an
Krishna Capital Open Offer at ₹20 by Bishnoi & Tank
• Ashu Bishnoi and Yagnik Tank launch mandatory open offer for 18,04,508 shares (5.44% of emerging voting capital) of Krishna Capital and Securities Ltd at ₹20/share.
• Underlying transactions include
Utkarsh SFB Sells ₹1,491 Cr NPA MFI Loans
Utkarsh Small Finance Bank's Management Committee approved sale of two NPA/written-off MFI loan pools to ARCs on March 26, 2026.
Combined principal outstanding of ~₹1,491 crore across two pools offere
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
Netlink Solutions Promoters Seek Reclassification to Public
Netlink Solutions (India) Ltd (Scrip: 509040) received reclassification requests from promoters Mr. Minesh V. Modi and Mrs. Rupa Minesh Modi to move to public category.
The reclassification follows Ar
JSW Energy Acquires RCRIPL via IBC Resolution
JSW Energy completed acquisition of Raigarh Champa Rail Infrastructure Pvt Ltd (RCRIPL) as a wholly-owned subsidiary via IBC resolution process.
Total resolution amount is ₹700.10 crores via cash cons
Krishna Capital Preferential Issue, Change in Control
Krishna Capital's Independent Directors approved preferential allotment of 3 crore equity shares at Rs. 20/- per share.
Two allottees, Mr. Ashu Bishnoi and Mr. Yagnik Tank, to be classified as promote
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
Jupiter Infomedia: Netlink Open Offer, Directors Resign
Arix Capital and two acquirers launched a 26% open offer for Netlink Solutions under SEBI SAST Regulations 2011.
The open offer was triggered by acquirers purchasing 51% of Jupiter Infomedia's paid-up
BIL Vyapar 6th CoC Meeting Outcomes Disclosed
BIL Vyapar Limited (formerly Binani Industries Limited) discloses outcomes of its 6th Committee of Creditors meeting under CIRP.
CoC meeting was held on 13th March 2026, with e-voting concluding on 23
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
CDG Petchem Promoter Dugar Family Reclassified Public
• CDG Petchem Limited discloses reclassification of 7 Dugar family promoters to public category under Regulation 31A(10) of SEBI LODR, 2015.
• All seven promoters collectively held ~62.1% pre-offer; p
BIL Vyapar Auditor Renamed After Merger
BIL Vyapar Limited disclosed a change in statutory auditor name under SEBI Regulation 30.
V P Thacker and Co merged with Lodha & Bhatt, forming TLB & Co, Chartered Accountants, effective 28 January 20
HCG Tanzania Subsidiary Wound Up Effective March 2026
HealthCare Global Enterprises Limited disclosed the winding up of its wholly owned indirect subsidiary, Healthcare Global (Tanzania) Private Limited, effective March 02, 2026.
HCG Tanzania was a non-o
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
MosChip NCLT Approves Subsidiary Amalgamation Scheme
NCLT Hyderabad approved the Scheme of Amalgamation of Softnautics Private Limited and Softnautics Inc with MosChip Technologies Limited on 25th March 2026.
Both Softnautics Private Limited and Softnau
Jupiter Infomedia Promoters Seek Reclassification to Public
• Promoters of Jupiter Infomedia Ltd filed reclassification requests from 'Promoter/Promoter Group' to 'Public Category' under Regulation 31A(10) of SEBI LODR on March 26, 2026.
• Reclassification fol
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%
Compuage Infocom AGM Voting Results, CIRP
Compuage Infocom Limited (under CIRP) held its Adjourned 26th AGM on March 24, 2026, via VC/OAVM after a quorum failure on March 17, 2026.
Both ordinary resolutions — adoption of FY2025 financial stat
Jupiter Infomedia Management Change Post Acquisition
• Acquirers Arix Capital Limited and Mrs. Kajal Gopal Baldha acquired 51,10,000 shares (~51% voting capital) completing change of control.
• Founding CMD Mr. Umesh Modi and WTD & CFO Mrs. Manisha Modi
UltraTech Cement Dalla Unit Arbitration Settled
UltraTech Cement's arbitration with Jaiprakash Associates over the Dalla Super cement unit and mines in Uttar Pradesh concluded with a final award on 26th March 2026.
All rights and interests in the D
Nilachal Refractories Voluntary Delisting Board Meeting Scheduled
Nilachal Refractories schedules Board Meeting on March 31, 2026 to consider voluntary delisting of equity shares from BSE and CSE.
Acquirer SFAL Speciality Alloys Limited issued Public Announcement on
Euro Pratik Acquires 51% Chawla Brothers for ₹33.2Cr
Euro Pratik Sales Limited acquires 51% stake in Chawla Brothers, a North India decorative surfaces firm, for ₹33.2 crore including ₹4.1 crore capital infusion.
The deal, funded via internal accruals,
Mittal Sections CIN Changes Post BSE Listing
Mittal Sections Limited intimates BSE of CIN change following listing on BSE SME platform.
CIN updated from 'U27109GJ2009PLC056527' to 'L27109GJ2009PLC056527'; status changed from Unlisted to Listed.
Bosch Limited, TACO Form E-Mobility JV
Bosch Limited and Tata AutoComp Systems Limited announced an equal-share joint venture targeting India's e-mobility segment, pending regulatory approvals.
The JV will focus on engineering, manufacturi
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
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 —
GPIL Amalgamates GEL; Scheme Effective March 23, 2026
Godawari Power and Ispat Limited's wholly-owned subsidiary Godawari Energy Limited stands amalgamated with effect from March 23, 2026.
NCLT Cuttack Bench sanctioned the Scheme of Amalgamation on March
NCLAT Lists Phoenix ARC Appeal Against AJR Infra
The National Company Law Appellate Tribunal listed an insolvency appeal filed by Phoenix ARC against AJR Infra & Tolling Ltd.
The appeal is scheduled for hearing on 08 May 2026, as per the order dated
Grameva Ltd Open Offer at Rs. 30/Share
• Three acquirers (Mrs. Maneesha Singh, Jagsakti Merchandise Pvt Ltd, Ros Advisory Pvt Ltd) are making a mandatory open offer to acquire 26% of Grameva Limited at Rs. 30/share.
• The offer, aggregatin
AWL Agri Business Subsidiary Struck Off by MCA
AWL Agri Business Ltd discloses MCA approval of strike-off of its subsidiary AWL Edible Oils and Foods Pvt Ltd effective March 23, 2026.
The subsidiary had zero revenue from operations and a net worth
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
Supreme Court Dismisses Lamba Exports' Recall Plea
The Supreme Court dismissed Lamba Exports' recall application, citing lack of maintainability after the dismissal of its special leave petition.
The dispute involved an agreement to sell a property fo
NCLT directs reply in Canara Bank insolvency case
The National Company Law Tribunal, Hyderabad Bench, heard an insolvency petition filed by Canara Bank against personal guarantor K. Pramadha Rao.
The tribunal directed the respondent to file a Vakalat
NCLT Directs EPFO to Activate PF Code for VNR Infrastructures
NCLT Hyderabad allowed an application by VNR Infrastructures, directing the EPFO to activate its PF code without clearing past dues.
The tribunal ruled that past PF liabilities must be settled under I
NCLT Adjourns Ind-Bharat Power Insolvency to June 2026
The National Company Law Tribunal (NCLT) Hyderabad adjourned multiple applications in the insolvency case of Ind-Bharat Power (Madras) Ltd to 30 June 2026.
All hearings were deferred due to an ongoing
NCLT Adjourns NSL Nagapatnam Power Insolvency Case to June 2026
The NCLT Hyderabad adjourned three IAs in the NSL Nagapatnam Power insolvency case to 16 June 2026, with one IA requiring a substitution application.
In IA 702/2025, the Successful Resolution Applican
NCLT Modifies Order in Flint Group Insolvency Case
The National Company Law Tribunal (NCLT) in Ahmedabad modifies its earlier order in the insolvency case of Flint Group India Pvt. Ltd. filed by C J Shah & Co.
The order follows an appeal which directe
NCLT Allows Withdrawal of CIRP for Ajay Protech After Settlement
The NCLT allowed withdrawal of CIRP against Ajay Protech after a settlement between the corporate debtor and operational creditor.
The settlement involved a payment of Rs. 1.29 crore, with Rs. 6 lakhs
NCLT Adjourns SBI Insolvency Case to April 2026
The NCLT listed the insolvency case of Ethnic Tobacco for further hearing on 29 April 2026.
The Bankruptcy Trustee submitted judgments to support his continuation despite being 70.
The matter was list
Bheema Cements 46th AGM Notice Filed
Bheema Cements Limited has convened its 46th AGM via VC/OAVM on April 27, 2026, filed under Regulation 30 of SEBI LODR.
AGM agenda includes adoption of FY2024-25 financials, director re-appointment, a
JK Tyre Cavendish Merger Fractional Entitlement Distribution Certified
JK Tyre's Audit Committee and Independent Directors certified completion of fractional entitlement proceeds distribution from Cavendish Industries amalgamation.
3 fractional shares sold at Rs. 444/sha
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
Capri Global Capital NCD Public Issue ₹20,000 Million
Capri Global Capital Limited filed a Draft Shelf Prospectus for a public issue of secured, listed, redeemable NCDs worth up to ₹20,000 million.
The NCD issue, approved by the Board on March 10, 2026,
Crisil FY2025: PriceMetrix Acquired, 12% PAT Growth
Crisil's consolidated revenue rose 11.9% YoY to ₹3,649 crore with PAT of ₹766 crore and basic EPS of ₹104.75 for FY2025.
Crisil acquired 100% of McKinsey PriceMetrix Co. for USD 32.9 million via Crisi
Fabtech Technologies IPO Proceeds Carry-Forward Approved
Fabtech Technologies' Board approved carry-forwarding unutilized IPO proceeds from FY2025-26 to FY2026-27.
The company confirmed no deviation in IPO proceeds utilization from prospectus dated October
Global Surfaces Promoter Trust Dissolves, Shares Transferred
Global Surfaces Limited disclosed an off-market inter-se transfer of 8,45,906 shares (2.00%) from Vatsankit Shah Trust to sole beneficiary Vatsankit Shah on March 20, 2026.
The transfer was triggered
Timken India Completes 26.1% Stake in Sunstreamgreen
Timken India Limited completed acquisition of 26.1% equity shares of Sunstreamgreen Energy C&I Three Private Limited on 23 March 2026.
This update follows earlier communications dated 22 September 202
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
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 ₹
Gayatri Highways Q3 FY26 LRR Deficiency Clarification & Results
Gayatri Highways (NSE: GAYAHWS, BSE: 541546) responded to NSE's March 11, 2026 observation citing a typographical error (Sept 2025 vs Dec 2025) and missing signature page in its standalone Limited Rev
Advani Hotels Special Window Physical Share Demat
Advani Hotels & Resorts filed a regulatory notice announcing SEBI's Special Window for physical share transfer/demat open from February 5, 2026 to February 4, 2027.
Aar Shyam India Investment Company'
NCLAT Dismisses BSE Appeals on Demat Account Freezing
The NCLAT dismissed BSE's appeals against NCLT orders to defreeze demat accounts of corporate debtors undergoing insolvency.
The tribunal held that NCLT has jurisdiction under IBC to order defreezing
GAIL Appeals Videocon Insolvency Case to NCLAT
GAIL (India) Ltd. has filed an appeal in the NCLAT against the Resolution Professional of Videocon Industries Ltd.
The case is scheduled for hearing on 11th May 2026 at the NCLAT Principal Bench in Ne
NCLAT Lists Appeals in Hotel Horizon Insolvency Case
NCLAT lists appeals by Vishal Sharma against NCLT order in Hotel Horizon insolvency, to be heard on 10.04.2026.
NCLT had directed police to take possession of assets and extended the resolution plan i
NCLAT Lists Suwarna Buildcon vs Sadbhav Engineering Appeal
The National Company Law Appellate Tribunal (NCLAT) listed Company Appeal (AT) (Insolvency) No. 1275 of 2025 for hearing on 21.04.2026.
The appeal involves Suwarna Buildcon Pvt. Ltd. (Appellant) and S
Compuage Infocom 26th AGM Outcome Under CIRP
• Compuage Infocom Limited's 26th AGM, held under CIRP, was conducted on March 24, 2026 via VC/OAVM after adjournment from March 17, 2026 due to lack of quorum.
• Two resolutions were tabled: adoption
L&T: SiliConch Amalgamates with LTSCT
SiliConch Systems Private Limited, a step-down subsidiary of L&T, has been amalgamated into L&T Semiconductor Technologies Limited effective March 24, 2026.
The amalgamation was approved by the Region
Compuage Infocom 26th AGM Proceedings Under CIRP
Compuage Infocom Limited (under CIRP) held its 26th AGM on March 24, 2026 via video conference after adjournment from March 17, 2026 due to lack of quorum.
Quorum of 7 members including promoters and
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:
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
Bheema Cements FY23 Annual Report: Zero Revenue, ₹4,702L Loss
Bheema Cements Limited submitted its 44th Annual Report (FY2022-23) to BSE on 23.03.2026, with the AGM scheduled for 27th April 2026 via VC/OAVM.
Company reported zero operational revenue and a net lo
Bheema Cements FY25 Annual Report: Nil Revenue, Qualified Opinion
Bheema Cements reported nil operational revenue for FY 2024-25, recording a net loss of INR 3,009.97 Lakhs post-CIRP completion.
Statutory auditors issued a qualified opinion citing NCLAT repayment de
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
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.
Torrent Pharma-JB Chemicals Amalgamation NCLT Order
Torrent Pharmaceuticals filed Regulation 30 intimation regarding NCLT Ahmedabad Bench's order on JB Chemicals amalgamation first motion application.
NCLT Ahmedabad uploaded the order on its website on
BCPL Railway Infrastructure Lists on NSE
BCPL Railway Infrastructure Limited has been permitted to list its securities on NSE effective March 27, 2026.
A total of 1,67,23,638 equity shares of face value ₹10 each (fully paid-up) are listed un
Sterlite Electric Adds Two Promoters in Updated IPO Filing
The addendum to the Draft Red Herring Prospectus adds two new promoters, Pravin Agarwal and Pratik Agarwal, to the existing promoters of Sterlite Electric Limited.
The addendum updates the risk factor
JB Chemicals Amalgamation with Torrent Pharma: NCLT Order
JB Chemicals & Pharmaceuticals is being amalgamated with Torrent Pharmaceuticals under a Scheme of Amalgamation.
NCLT Ahmedabad Bench uploaded its Order on March 23, 2026 for the first motion applicat
NCLT Approves Mason Infratech's Resolution Plan for Sabve Rohini
The National Company Law Tribunal (NCLT) Mumbai approved the resolution plan submitted by Mason Infratech Ltd. for the insolvent Sabve Rohini Contractors Private Limited, which was approved by 96.7% o
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
Harmony Capital Postal Ballot Error Correction
Harmony Capital Services corrects an inadvertent error in its postal ballot notice dated 20th November, 2025 regarding a preferential equity issue.
Corrected disclosure reveals pre-issue promoter hold
Bain Capital Open Offer for Manappuram Finance 26%
BC Asia Investments XXV (Bain Capital) launches mandatory open offer for 26% of Manappuram Finance at INR 236 plus INR 12.29 interest per share.
Maximum total consideration is INR 6,063.92 crore; tend
Maruti Interior Products Acquires HA & DL Holdings 100%
Maruti Interior Products Limited completed 100% acquisition of HA & DL Holdings Pte. Ltd for USD 2,011,000 in cash.
Target's wholly owned subsidiary Vina Metal Recycling Co. holds BIS licence to expor
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
Mysore Paper Mills Q3 FY26 Net Loss ₹2,046L
MPM Board approved unaudited Q3 FY26 results; quarterly revenue at ₹412.90 lakhs with net loss of ₹2,046.27 lakhs.
Finance costs of ₹2,151.87 lakhs per quarter overwhelmingly dominate expenses against
Winsome Yarns Delays Q3 FY26 Results Under CIRP
Winsome Yarns Limited disclosed delay in submitting unaudited financial results for quarter ended 31.12.2025 under SEBI LODR.
Company has been under CIRP since 22 December 2023, initiated by Edelweiss
Winsome Yarns 27th CoC Meeting Outcome
Winsome Yarns Limited, under CIRP, held its 27th Committee of Creditors meeting on March 6, 2026 via video conferencing.
Resolutions proposed at the CoC meeting were approved by members with requisite
Tijaria Polypipes Directors Convicted in IPO Fraud
Additional Chief Judicial Magistrate, Jaipur convicted all 6 directors of Tijaria Polypipes under Sections 63, 68, 628 of Companies Act 1956 on 17 March 2026.
Directors diverted ₹60 crore IPO proceeds
Markolines Pavement Corrects Amalgamation Share Exchange Ratio
Markolines Pavement Technologies corrects share exchange ratio for amalgamation with Markolines Infra Limited filed on 6th March 2026.
Correct ratio is 1:1.05 (not 1:1.15), meaning 1.05 shares of Mark
Winsome Yarns 28th CoC Meeting Scheduled
Winsome Yarns Limited (CIRP) schedules its 28th Committee of Creditors meeting on 25th March 2026.
Meeting to be held via video conferencing at ARCK Resolution Professionals LLP office, New Delhi at 5
Coal India CMPDIL IPO Prospectus Filed RoC
Coal India discloses under Regulation 30 that subsidiary CMPDIL's IPO prospectus was filed with RoC Jharkhand on March 25, 2026.
CMPDIL's IPO is an Offer for Sale of up to 107,100,000 equity shares of
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
Nexome Capital Markets BSE Listing Approval Rights Issue
BSE approved listing of 29,38,500 equity shares of Rs. 10/- each issued at Rs. 75/- on rights basis.
Distinctive numbers range from 58,77,001 to 88,15,500; documents were submitted to BSE on March 24,
Swarnsarita Jewels Open Offer 22.97% at ₹32.15
Voluntary open offer under Regulation 6 of SEBI (SAST) Regulations 2011 to acquire up to 47,94,987 equity shares (22.97%) of Swarnsarita Jewels India Limited at ₹32.15/share.
Maximum offer considerati
Onelife Capital Rights Issue 2.4 Cr Shares Listed
Onelife Capital Advisors received listing and trading approval from BSE and NSE for 2,40,00,000 rights issue equity shares.
Shares of Rs. 10/- face value were issued at Rs. 15/- (Rs. 5/- premium), bea
CIAN Agro Board to Approve Six-Company Amalgamation
CIAN Agro Industries & Infrastructure Ltd has scheduled a Board Meeting on April 2, 2026 to approve a merger scheme.
The scheme involves amalgamation of six private/listed entities into CIAN Agro unde
Gujarat Kidney IPO Fund Utilisation Variation Postal Ballot
Gujarat Kidney and Super Speciality Limited seeks shareholder approval via postal ballot for three resolutions including IPO fund utilisation variation.
Company proposes replacing Vadodara women's hos
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
Torrent Pharma NCLT Corrigendum Order on JB Chem Merger
Torrent Pharmaceuticals intimates BSE/NSE of a Corrigendum Order dated 24th March 2026 by NCLT Ahmedabad in the JB Chemicals merger.
The Corrigendum Order relates to the proposed amalgamation of JB Ch
JB Chemicals NCLT Corrigendum Order Amalgamation Torrent
J.B. Chemicals & Pharmaceuticals filed intimation under Regulation 30 of SEBI LODR regarding NCLT Ahmedabad Bench's Corrigendum Order dated March 24, 2026.
The Corrigendum Order relates to the propose
Nexome Capital Markets Rights Shares Trading Approved
BSE granted trading approval for 29,38,500 rights equity shares of Nexome Capital Markets Limited effective March 27, 2026.
Shares issued at ₹10 face value with ₹65 premium (total ₹75 per share), bear
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
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
ET Planners Dissolved via NCLT Order
NCLT New Delhi Bench dissolved ET Planners Private Limited, a step-down wholly-owned subsidiary of Max Healthcare Institute Limited, on March 25, 2026.
The voluntary liquidation was initiated on Septe
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