India NCLT Insolvency Resolution Filings — March 10, 2026

10-03-2026

Setubandhan Infrastructure Limited, undergoing CIRP since November 28, 2022 initiated by State Bank of India, held an RP meeting on December 1, 2025, to note the delay in submitting audited FY25 standalone financial results beyond the 60-day deadline, attributed to suspended management's failure to provide books and records. FY25 results show turnover of ₹23.22 L, total expenditure of ₹1.74 Cr, and net loss of ₹1.51 Cr, with total assets and liabilities both at ₹169.70 Cr and net worth of ₹45.14 Cr; however, the audit carries multiple qualified opinions including unconfirmed balances, unrevalued assets, missing bank confirmations, and disclaimer on subsidiaries and related parties. A CoC-approved resolution plan was rejected by NCLT Mumbai on March 24, 2025, with an appeal pending before NCLAT since July 9, 2025.

• ·Audit qualifications are repetitive since FY23 for most items, including qualified opinion on balance confirmations, liabilities not restated per CIRP claims, assets not revalued, no bank statements for certain accounts, disclaimer on subsidiaries' CARO reports, and related party transactions not disclosed.
• ·EPS for FY25: (₹0.15).
• ·RP's AFA valid up to December 31, 2026.
• ·NSE Symbol: SETUINFRA; BSE Scrip Code: 533605.

10-03-2026

Mahindra & Mahindra Ltd. intimated stock exchanges about scheduled group investor/analyst meetings on 13 March 2026 (03:00-04:00 p.m. IST) and 17 March 2026 (02:30-03:30 p.m. IST) in Mumbai, to be held physically. No registrations, specific platforms, or inclusions/exclusions for participants are required. The company noted that the schedule may change and no unpublished price sensitive information will be shared.

10-03-2026

Infosys announced a multi-year strategic collaboration with Incora to deploy AI-enabled supply chain capabilities across Incora's operations in more than 60 countries, leveraging Infosys Topaz and EdgeVerve AI Next Platform for enhanced visibility, accuracy, and responsiveness. The alliance combines Infosys' AI expertise with Incora's aerospace and defense supply chain knowledge to drive efficiency without disrupting existing systems. Infosys serves clients in 63 countries with over 330,000 employees.

• ·Filing date: March 10, 2026
• ·Collaboration locations: Fort Worth, Texas and Bengaluru, India

10-03-2026

Adani Enterprises Limited's wholly-owned subsidiary, Adani Road Transport Limited (ARTL), completed the acquisition of the remaining 49% equity share capital and 100% optionally convertible redeemable preference shares in D P Jain TOT Toll Roads Private Limited (DPJ TOT) on March 10, 2026, making DPJ TOT a wholly-owned subsidiary of ARTL at an enterprise value of ₹1,342 Cr as of September 30, 2025. This strategic move expands Adani's footprint in road infrastructure, aligning with its development objectives. DPJ TOT's turnover grew from ₹122 Cr in FY23 to ₹147 Cr in FY25 (17.2% YoY in FY24 but only 2.8% YoY in FY25, indicating flat recent performance).

• ·DPJ TOT incorporated on May 6, 2021
• ·Transaction executed at arm's length per SPA dated September 12, 2025
• ·Earlier 51% equity acquisition completed February 10, 2026
• ·All requisite governmental/regulatory approvals received
• ·Cash consideration paid, subject to closing adjustments

10-03-2026

InterGlobe Aviation Limited (IndiGo) announced the resignation of CEO Pieter Elbers, effective close of business on March 10, 2026, with Managing Director Rahul Bhatia assuming interim management of the company. The Board meeting was held on the same day from 1730 to 1745 hours IST. IndiGo operates a fleet of 400+ aircraft, 2200+ daily flights to 95+ domestic and 40+ international destinations, and served 124 million customers in CY25.

• ·IndiGo named 'Best Airline in India and South Asia' by Skytrax at World Airline Awards 2025.
• ·IndiGo named sixth most punctual airline in Asia-Pacific in 2025 by Cirium.
• ·Symbol: INDIGO; Scrip Code: 539448; CIN: L62100DL2004PLC129768.

10-03-2026

Aster DM Healthcare Limited held an equity shareholders' meeting on March 10, 2026, at 10:00 A.M. IST via VC/OAVM, as directed by the NCLT Hyderabad bench's order dated January 21, 2026, to consider and approve the Scheme of Amalgamation with Quality Care India Limited. The meeting, chaired by Advocate Ms. Sandhya Rani, was attended by 64 members, with remote e-voting from March 6 to March 9, 2026, and e-voting during the meeting; results are to be announced later. Ms. Alisha Moopen addressed the salient features of the scheme and responded to shareholder queries.

• ·NCLT Order dated January 21, 2026, directing the meeting
• ·Remote e-voting period: March 6, 2026 (9:00 A.M.) to March 9, 2026 (5:00 P.M.)
• ·Meeting concluded at 10:55 A.M. IST
• ·Disclosure pursuant to Regulation 30 of SEBI Listing Regulations

10-03-2026

Reliance Industries Limited provided an update on executives' participation in the JP Morgan India Forum in Singapore on March 9 & 10, 2026, following a prior disclosure dated March 4, 2026. The company confirmed that no unpublished price sensitive information was shared during the one-on-one institutional investors' meeting organized by a third party. The disclosure was addressed to BSE Limited and National Stock Exchange of India Limited, with copies to Luxembourg Stock Exchange and Singapore Exchange Limited.

• ·Scrip Code: 500325
• ·Trading Symbol: RELIANCE

10-03-2026

Oil and Natural Gas Corporation Limited (ONGC) has approved the appointment of Shri Vinod Seshan (DIN: 07985959), Joint Secretary from the Ministry of Petroleum and Natural Gas, as Government Nominee Director effective March 9, 2026, for a period of three years on a co-terminus basis or until further orders. Shri Seshan brings over 20 years of experience, including 17+ years in policy making, district administration, and prior board roles at OIL India and HPCL. No relationships with other directors or SEBI debarments disclosed.

• ·Appointment approved in terms of Ministry letter no. CA-31022/1/2021-CA-PNG (37493) dated March 9, 2026.
• ·Shri Seshan is a 2008 batch Indian Administrative Service officer, Assam Cadre, with B.E. in Electronics & Communication from Visvesvaraya University and Master's in Public Policy and Infrastructure from University College London.
• ·Prior experience in software services sector in roles like software development, testing, and knowledge management.

10-03-2026

Morarjee Textiles Limited, under Corporate Insolvency Resolution Process (CIRP) of the Insolvency and Bankruptcy Code 2016, has notified stock exchanges of its Thirty Fifth Committee of Creditors (COC) meeting scheduled for 10 March 2026 at 3:00 p.m. The company's affairs are managed by Resolution Professional Mr. Ravi Sethia, appointed by NCLT Mumbai on 09 February 2024 and confirmed by COC on 22 May 2024. This ongoing insolvency process signals continued financial distress with no resolution or operational updates provided.

• ·NCLT order: CP(IB) No. 1318/MB-VI/2022 dated 09 February 2024.
• ·Company CIN: L52322MH1995PLC090643.
• ·Compliance pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 and Schedule III Clause A Part A sub-clause 16(g).

10-03-2026

Resolution Professional Umesh B. Sonkar provided post-facto intimation of the 7th Meeting of the Committee of Creditors (CoC) for Reliance Home Finance Limited (under CIRP), held on March 9, 2026, at 03:30 P.M. IST via video conferencing. This follows the CIRP initiation intimated on September 20, 2025. No outcomes, decisions, or financial details from the meeting were disclosed.

• ·BSE Scrip Code: 540709
• ·NSE Symbol: RHFL
• ·ISIN: INE217K01011
• ·RP Registration: IBBI/IPA-001/IP-P-02619/2021-2022/14043 (valid upto December 31, 2026)
• ·CIRP initiation reference intimation: September 20, 2025

10-03-2026

Bharti Airtel announced the extension of its high-speed mobile network to the remote Marwah region in Jammu & Kashmir, becoming the first service provider to deliver reliable connectivity to this 150-km disconnected corridor amid rugged terrain and winter isolation. This deployment empowers residents, security forces, and tourists while unlocking tourism potential. Airtel, with over 600 million customers across 15 countries and networks covering over two billion people, reaffirms its commitment to bridging India's digital divide.

• ·Airtel ranks amongst the top three mobile operators globally and is India’s largest integrated communications solutions provider.
• ·Company presence in Bangladesh and Sri Lanka through associate entities.
• ·Passive infrastructure services offered through subsidiary Indus Tower Ltd.

10-03-2026

Tech Mahindra Ltd announced the voluntary liquidation of its step-down wholly-owned subsidiary, Tech Mahindra Digital Pty Ltd, effective March 9, 2026, with intimation received on March 10, 2026. The subsidiary contributed AUD 10.02 Mn in revenue and had a net worth of AUD 10.89 Mn for the financial year ended March 31, 2025, representing a minor portion of the parent's operations. No sale consideration or related party transactions were involved.

• ·Liquidation intimation received by Tech Mahindra Ltd on March 10, 2026 at 10.56 AM (IST)
• ·Subsidiary is wholly-owned by Tech Mahindra (Singapore) Pte Limited