Executive Summary
Across 30 filings in the India Corporate Insolvency & NCLT stream, dominant themes include procedural delays in insolvency proceedings for consumer and realty firms (e.g., Future Consumer, Unitech International, Ansal Properties, Future Lifestyle) with negative/neutral sentiments, contrasted by strong capital allocation and growth signals in autos (TVS Motor's ₹570 Cr dividend, Maruti Suzuki's ₹10,189 Cr capacity expansion) and positives in pharma/M&A (Torrent Pharma amalgamation, Prima Plastics demerger). Limited period-over-period data highlights declining turnover at Adani Enterprises' media target IANS (down 9.6% YoY to ₹8.81 Cr in FY25, 25.7% over 2 years), signaling acquisition risks amid mixed sentiment. Multiple trading window closures (Apollo Hospitals, M&M, Tata Motors, L&T, Kansai Nerolac) flag Q4/FY26 earnings catalysts in April-May 2026, with no insider buys/sells but ESOP grants/allotments indicating retention. Capital returns favor shareholders (TVS 1200% interim div), while bank funding enhancements (Bondada ₹310 Cr) boost execution. Portfolio implications: Avoid insolvents with ongoing NCLT/CoC drags; rotate to autos/pharma for near-term yields and growth; monitor 19 new filings for escalation risks.
Tracking the trend? Catch up on the prior India NCLT Insolvency Resolution Filings digest from March 23, 2026.
Investment Signals(11)
- TVS Motor Company↓(BULLISH)▲
Declared ₹12/share interim dividend (1200% on ₹1 FV) totaling ₹570 Cr on 47.51 Cr shares, record date March 31, 2026, signaling strong cash flows and shareholder returns
- Maruti Suzuki India↓(BULLISH)▲
Board approved Phase 1 capacity addition of 2.5 lakh vehicles/annum by 2029 at ₹10,189 Cr (internal accruals), on fully utilized 24 lakh capacity base, addressing demand/export growth
- Bondada Engineering↓(BULLISH)▲
Fresh ₹200 Cr sanctions + ₹110 Cr enhancements (total limits to ₹535 Cr from PNB/HDFC/CSB), strengthening working capital for renewables execution
- Adani Enterprises↓(BULLISH)▲
Early full redemption of ₹1,950 Cr unlisted NCDs (₹1,250 Cr July'23 + ₹700 Cr Oct'23 issuance), reducing leverage ahead of schedule
- Torrent Pharmaceuticals↓(BULLISH)▲
NCLT approved first motion for amalgamation with J.B. Chemicals (order uploaded March 23, 2026), unlocking synergies post June 2025 intimation
- Prima Plastics↓(BULLISH)▲
NCLT sanctioned demerger scheme with Prima Innovation (effective March 31, 2026), enabling focused operations without disclosed financial drags
- Adani Power↓(BULLISH)▲
Assigned ESG score of 80/100 (CARE ESG 1+), strong for thermal power sector, boosting governance/attractiveness
- Punj Lloyd↓(BULLISH)▲
Allotted 5 lakh equity shares at ₹2 (₹10 Lakh total), with Adani Infra taking 95%, stabilizing capital base in insolvency context
- Future Consumer↓(BULLISH)▲
SBI withdrew part of claim due to errors and revised interest lower, potentially easing creditor pressure in NCLT Mumbai proceedings
- Infosys↓(BULLISH)▲
Extended Nottingham Univ collaboration (since 2017, prior gains: 70% incident drop, 30% availability up, 35% infra cost cut), enhancing digital services pipeline
- Larsen & Toubro↓(BULLISH)▲
Amalgamated step-down SSPL into LTSCT (effective March 24, 2026), streamlining semiconductor ops post Aug 2025 appointed date
Risk Flags(8)
- Future Consumer/Insolvency↓[HIGH RISK]▼
Ongoing NCLT Mumbai proceedings with SBI claim amendment required; hearing adjourned to April 23, 2026, prolonging uncertainty
- Unitech International/Insolvency↓[HIGH RISK]▼
7th CoC meeting deferred from March 23 to 24, 2026, signaling procedural delays in CIRP (RP valid till June 30, 2026)
- Ansal Properties/Insolvency↓[HIGH RISK]▼
50th CoC for Fernhill Project noted multiple litigations adjourned to March 27/April 6, 2026; low unsecured creditor participation (0.04%)
- Future Lifestyle Fashions/Insolvency↓[HIGH RISK]▼
33rd CoC meeting held March 23, 2026 (CIRP since May 2023), no outcomes disclosed, extending resolution timeline
- Adani Enterprises/M&A↓[MEDIUM RISK]▼
Acquired remaining IANS stake for ₹4.70 Cr, but target turnover declined 9.6% YoY to ₹8.81 Cr FY25 (25.7% over 2Y from ₹11.86 Cr)
- Concord Enviro Systems/Insolvency Scheme↓[MEDIUM RISK]▼
NCLT-directed EGM April 28, 2026 for capital reduction scheme (CA(CAA)/260/(MB)/2025), potential dilution/value erosion
- Mahindra & Mahindra/Trading Window↓[MEDIUM RISK]▼
Closed April 1-May 7, 2026 ahead of Q4/FY results May 5; no metrics yet, watch for auto sector pressures
- Apollo Hospitals/Trading Window↓[LOW RISK]▼
Closed from April 1 until 48 hrs post Q4/FY results, heightening pre-earnings volatility risks
Opportunities(9)
- TVS Motor/Dividend Record↓(OPPORTUNITY)◆
₹570 Cr payout, record date March 31, 2026 (payment within 30 days); yields attractive vs peers, multiple disclosures affirm execution
- Maruti Suzuki/Capacity Expansion↓(OPPORTUNITY)◆
₹10,189 Cr investment for 2.5L veh/annum by 2029 on full 24L base; internal funding signals balance sheet strength
- Bondada Engineering/Funding↓(OPPORTUNITY)◆
₹310 Cr bank enhancements to ₹535 Cr total, fueling renewables growth; banks' confidence post track record
- Torrent Pharma/Amalgamation↓(OPPORTUNITY)◆
NCLT order March 23, 2026 paves pharma consolidation; monitor integration for cost synergies
- Prima Plastics/Demerger↓(OPPORTUNITY)◆
Effective March 31, 2026 post NCLT sanction March 16; unlock value in Prima Innovation
- Adani Enterprises/NCD Redemption↓(OPPORTUNITY)◆
Prepay ₹1,950 Cr reduces debt costs; pair with IANS full ownership for media play despite turnover dip
- Delhivery/Analysts Meet↓(OPPORTUNITY)◆
April 10, 2026 at Bhiwandi; gauge logistics outlook on public data amid sector recovery
- Adani Power/ESG Rating↓(OPPORTUNITY)◆
80/100 score differentiates in thermal power; attract ESG inflows, outperformance vs high-impact peers
- Wipro/ESOP Grants↓(OPPORTUNITY)◆
5.32L ADS RSUs + 10.7K RSUs to employees March 24, 2026; signals talent retention in IT rebound
Sector Themes(5)
- Insolvency Procedural Stagnation(NEGATIVE)◆
6/30 filings (Future Consumer, Unitech, Ansal, Future Lifestyle, Punj Lloyd, Concord) show CoC deferrals/NCLT adjournments/hearings (e.g., April 23-28), dragging resolutions; avoid realty/consumer distress names
- Auto Capital Returns & Expansion(BULLISH)◆
5 filings (TVS x3, Maruti x2, M&M x3) highlight ₹570 Cr TVS div + Maruti ₹10k Cr capex on full utilization; sector outperforms with 1200% yields vs reinvestment
- Trading Window Closures Pre-Earnings(NEUTRAL-WATCH)◆
8/30 (Apollo, M&M x3, Kansai, Tata Motors, L&T) from April 1-May 7 signal Q4/FY26 results cluster; volatility alpha in large-caps
- M&A/Amalgamation Momentum(MIXED)◆
5 positives (Adani IANS, L&T SSPL, Torrent JB Chem, Prima demerger, Concord scheme); despite IANS -9.6% YoY dip, strategic consolidation at low vals
- Bank Funding Confidence(BULLISH)◆
Bondada's ₹310 Cr enhancements to ₹535 Cr amid renewables; contrasts insolvency drags, favoring infra/execution plays
Watch List(8)
SBI amended petition reply due 1 week post grant; monitor April 23, 2026 outcome for claim reduction impact
Deferred 7th meeting now March 24, 2026; watch for CIRP progress (RP expiry June 30)
Multiple IAs adjourned to March 27/April 6, 2026; track CoC approvals for Fernhill project
March 31, 2026 eligibility; payment within 30 days, ex-dividend trade implications
May 5, 2026 for Q4/FY results + dividend; window reopens May 7
April 28, 2026 via VC for capital reduction scheme; e-voting April 25-27
April 10, 2026; public outlook on logistics amid capacity trends
Post-NCLT first motion March 23; watch timelines for full scheme execution
Filing Analyses(30)
24-03-2026
Future Consumer Ltd updated on the ongoing NCLT (Mumbai) insolvency proceedings initiated by State Bank of India (SBI), where SBI withdrew part of its claim due to computation errors and revised the interest component, necessitating an amendment to Form-1. The tribunal granted SBI two weeks to file the amended petition via affidavit and the company one week thereafter to reply. The hearing is adjourned to 23 April 2026.
- ·Scrip Code BSE: 533400
- ·Scrip Code NSE: FCONSUMER
- ·Earlier disclosure dated 16 February 2026
- ·DIN: 07523995
24-03-2026
Unitech International Ltd, currently under Corporate Insolvency Resolution Process (CIRP), disclosed under Regulation 30 of SEBI LODR that the 7th meeting of the Committee of Creditors (CoC), scheduled for March 23, 2026, at 04:00 PM via video conferencing, has been deferred to March 24, 2026. This deferral is classified as material information amid the ongoing insolvency proceedings.
- ·Scrip Code: 531867, Scrip Name: UNITINT
- ·Resolution Professional IBBI Registration: IBBI/IPA-002/IP-N00828/2019-2020/12629, AFA valid till June 30, 2026
- ·Registered Office: D-714/Nilkant Business Park, Vidyavihar West, Mumbai - 400 086
24-03-2026
Apollo Hospitals Enterprise Limited has intimated stock exchanges about the closure of the trading window from Wednesday, 1st April 2026 until 48 hours after the announcement of audited financial results for the quarter and year ending 31st March 2026. This restriction applies to all directors, designated employees, insiders, and their immediate relatives, prohibiting any transactions in the company's securities during this period. The date of the Board Meeting for approval will be communicated separately.
- ·ISIN: INE437A01024
- ·CIN: L85110TN1979PLC008035
- ·Scrip Code: APOLLOHOSP
- ·Trading window opens 48 hours post-results announcement
24-03-2026
TVS Motor Company Limited's Board of Directors, at its meeting on March 24, 2026, declared an interim dividend of ₹12 per share (1200%) on 47,50,87,114 equity shares of ₹1 each, totaling ₹570 Cr for the financial year ending March 31, 2026. The record date for the dividend is March 31, 2026, with payment to eligible shareholders within 30 days as per the Companies Act, 2013.
- ·Equity scrip codes: BSE 532343, NSE TVSMOTOR; NCRPS scrip codes: BSE 717506, NSE TVSMNCRPS
- ·Board meeting held from 11:00 A.M. to 3:45 P.M. IST on March 24, 2026
- ·Dividend payment within 30 days from declaration as per Companies Act, 2013
24-03-2026
TVS Motor Company Limited's Board of Directors, at its meeting on March 24, 2026, declared an interim dividend of ₹12 per share (1200% on ₹1 face value) on 47.51 Cr fully paid-up equity shares, totaling ₹570 Cr for the financial year ending March 31, 2026. The record date is March 31, 2026, with payment to eligible shareholders within 30 days as per the Companies Act, 2013. No comparative or negative performance metrics were disclosed in the filing.
- ·Equity scrip codes: BSE 532343, NSE TVSMOTOR; NCRPS codes: BSE 717506, NSE TVSMNCRPS
- ·Board meeting timings: 11:00 A.M. to 3:45 P.M. IST on March 24, 2026
24-03-2026
Delhivery Limited has informed stock exchanges about an upcoming analysts' meet scheduled for April 10, 2026, at Lonad Mega Gateway in Bhiwandi, Maharashtra. The meeting will cover general business outlook based solely on publicly available information, with no disclosure of unpublished price-sensitive data. This complies with Regulation 30 of SEBI (LODR) Regulations, 2015.
- ·Scrip Code: 543529 (BSE), Symbol: DELHIVERY (NSE)
- ·Membership No: F8765 (Madhulika Rawat)
- ·Disclosure uploaded on www.delhivery.com
24-03-2026
Mahindra & Mahindra Limited announced a Board Meeting scheduled for May 5, 2026, to consider and approve audited standalone and consolidated financial results for the fourth quarter and financial year ending March 31, 2026, recommend dividend on equity shares, and address matters for the ensuing Annual General Meeting. The trading window for insider trading prevention will be closed from April 1, 2026, to May 7, 2026 (both days inclusive). No financial metrics or performance data have been disclosed yet.
- ·Meeting location references: Mahindra Towers, Worli, Mumbai; Regd. Office: Gateway Building, Apollo Bunder, Mumbai.
- ·Filing communicated to NSE, BSE, Luxembourg Stock Exchange, and London Stock Exchange.
- ·Company CIN: L65990MH1945PLC004558.
24-03-2026
TVS Motor Company Limited's Board of Directors, at its meeting on March 24, 2026, declared an interim dividend of ₹12 per share (1200% on ₹1 face value) on 47.51 Cr fully paid-up equity shares, totaling ₹570 Cr for the financial year ending March 31, 2026. The record date for the dividend is March 31, 2026, with payment to eligible shareholders within 30 days as per the Companies Act, 2013.
- ·Board meeting timings: commenced at 11:00 A.M. IST and concluded at 3:45 P.M. IST on March 24, 2026
- ·Equity scrip codes: BSE 532343, NSE TVSMOTOR; NCRPS codes: BSE 717506, NSE TVSMNCRPS
24-03-2026
Adani Enterprises Limited's wholly-owned subsidiary, AMG Media Networks Limited (AMNL), completed the acquisition of the remaining 24% Category I shares (with voting rights) and 0.74% Category II shares (without voting rights) in IANS India Private Limited for ₹4.70 Cr on March 24, 2026, making IANS a wholly-owned step-down subsidiary. This strategic media sector acquisition follows the SPA signed on January 22, 2026, and is at arm's length. However, IANS has shown declining turnover: ₹8.81 Cr in FY2024-25 (down 9.6% YoY from ₹9.74 Cr in FY2023-24 and 25.7% from ₹11.86 Cr in FY2022-23).
- ·IANS incorporated on December 26, 1994, in NCT of Delhi and Haryana.
- ·Transaction is a related party transaction at arm's length; no governmental approvals required.
- ·IANS operates in the media industry.
24-03-2026
Mahindra & Mahindra Limited will hold a Board of Directors meeting on May 5, 2026, to approve audited standalone and consolidated financial results for the fourth quarter and financial year ending March 31, 2026, consider recommending a dividend on equity shares if any, and discuss matters related to the ensuing Annual General Meeting. In compliance with insider trading regulations, the trading window will be closed from April 1, 2026, to May 7, 2026 (both days inclusive). No financial metrics or performance data are disclosed in this intimation.
- ·Registered Office: Gateway Building, Apollo Bunder, Mumbai 400 001, India.
- ·CIN No. L65990MH1945PLC004558
24-03-2026
Mahindra & Mahindra Limited announced a Board of Directors meeting scheduled for 5 May 2026 to approve audited standalone and consolidated financial results for the fourth quarter and financial year ending 31 March 2026, recommend dividend if any, and discuss matters related to the ensuing Annual General Meeting. In compliance with insider trading regulations, the trading window will be closed from 1 April 2026 to 7 May 2026 (both days inclusive). No financial metrics or period-over-period comparisons are disclosed in this notice.
- ·Pursuant to Regulation 29 read with Regulation 50 of SEBI (LODR) Regulations, 2015
- ·Company's CIN: L65990MH1945PLC004558
- ·Intimation uploaded on company's website: https://www.mahindra.com
24-03-2026
Ansal Properties & Infrastructure Limited disclosed minutes of the 50th Committee of Creditors (CoC) meeting for its Fernhill Project in Gurgaon, held on March 23, 2026, where quorum was met with 99.96% voting rights from home buyers' representative present, while the unsecured creditor (0.04% voting rights) was absent. The meeting approved prior minutes and noted updates on ongoing litigations, with most applications adjourned to March 27, 2026, and no new resolutions or approvals recorded. Procedural compliance was emphasized, including director updates and notice dissemination.
- ·Ongoing litigations include IA Nos. 2957/2024, 3022/2024, 3245/2024, 1459/2023, 5927/2024 against entities like Piyare Lal Hari Singh Builders and Samyak Projects, mostly adjourned to March 27, 2026.
- ·Early hearing applications IA 1131/2026 (by SRA Krish Infrastructure) and IA 1198/2026 (by allottees) granted, listing plan approval matters for March 27, 2026.
- ·Some remaining applications listed for April 6, 2026; IA 5927/2024 dismissed.
- ·Fernhill Project under RP Jalesh Kumar Grover since NCLT order January 10, 2024; CIRP confined per NCLAT orders (January 13, 2023 and January 2026).
24-03-2026
Larsen & Toubro Limited announced the amalgamation of its step-down subsidiary SiliConch Systems Private Limited (SSPL) with its wholly-owned subsidiary L&T Semiconductor Technologies Limited (LTSCT), pursuant to a scheme approved by the Regional Director, Western Region, Ministry of Corporate Affairs on March 13, 2026. The appointed date for the scheme is August 10, 2025, and it became effective on March 24, 2026, when the certified order was filed with the Registrar of Companies. As a result, SSPL has ceased to be a step-down subsidiary of the Company with effect from March 24, 2026.
24-03-2026
Wipro Limited granted 5,32,407 ADS Restricted Stock Units and 10,664 Restricted Stock Units to identified employees under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, effective March 24, 2026. The grants will vest according to the schedule and exercise period approved by the Nomination and Remuneration Committee.
24-03-2026
Prima Plastics Limited has received the Certified True Copy of the NCLT, Ahmedabad Bench order dated March 16, 2026, sanctioning the Scheme of Demerger with Prima Innovation Limited as the Resulting Company under Sections 230-232 of the Companies Act, 2013. The Company has fixed March 31, 2026, as the effective date of the Scheme and authorized signatories to implement necessary actions. No financial metrics or impacts from the demerger were disclosed in the filing.
- ·Initial intimation of NCLT order receipt: March 16, 2026
- ·Disclosure pursuant to SEBI LODR Regulations 30, 37 and SEBI Circular dated June 20, 2023
- ·Scrip Code: 530589, Scrip Symbol: PRIMAPLA
24-03-2026
Mahindra & Mahindra Limited disclosed the transfer of 55,457 equity shares from its Employees’ Stock Option Trust to 67 stock option grantees on March 24, 2026, fulfilling listing compliance undertakings. The transfers follow the exercise of options under the Company’s Employees’ Stock Option Scheme, with details listed in Annexure I. No financial impact or performance metrics were reported.
- ·Top recipients include Amit Kumar Sinha (16,300 shares), Nirav Sanghvi (2,623 shares), Aditya Thangeda (2,248 shares), and K N Vaidyanathan (4,000 shares)
24-03-2026
Torrent Pharmaceuticals Limited informed stock exchanges that the NCLT Ahmedabad Bench uploaded the order on its website on March 23, 2026, approving the first motion for the proposed amalgamation of J.B. Chemicals & Pharmaceuticals Limited (Transferor Company) with Torrent Pharmaceuticals Limited (Transferee Company). This update follows the earlier intimation dated June 29, 2025, under Regulation 30 of SEBI (LODR) Regulations, 2015. No financial impacts or timelines beyond the order upload were disclosed.
- ·NCLT website for order: https://nclt.gov.in/
- ·BSE Scrip Code: 500420
- ·NSE Scrip Code: TORNTPHARM
- ·Contact: investorservices@torrentpharma.com
24-03-2026
Kansai Nerolac Paints Limited announced the closure of its Trading Window from March 25, 2026, to March 28, 2026 (both days inclusive), in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the Company's Code of Conduct. This restriction applies solely to Designated Persons and their immediate relatives, with no impact on general investors. The notice was issued on March 24, 2026.
- ·Scrip Codes: BSE – 500165, NSE - KANSAINER
- ·CIN: L24202MH1920PLC000825
- ·Registered Office: 28th Floor, A-wing, Marathon Futurex, N.M. Joshi Marg
24-03-2026
Tata Motors Limited has intimated the closure of its Trading Window for dealing in company securities, effective from March 25, 2026, pursuant to its Code of Conduct for Prevention of Insider Trading. This closure is in anticipation of the declaration of Audited Financial Results for the fourth quarter and financial year ending March 31, 2026. The Trading Window will reopen 48 hours after the financial results are declared to the stock exchanges.
- ·Sequence number: Sc no.- 46
24-03-2026
Larsen & Toubro Limited's Nomination & Remuneration Committee approved the allotment of 20,661 equity shares on March 24, 2026, to grantees who exercised options under the Company's Employee Stock Option Schemes. The allotted shares rank pari-passu with existing equity shares. The NRC meeting commenced at 10:30 a.m. and concluded at 11:00 a.m.
- ·Stock codes: BSE (500510), NSE (LT)
- ·CIN: L99999MH1946PLC004768
24-03-2026
The Board of Directors of Punj Lloyd Ltd approved the allotment of 500,000 fully paid equity shares at ₹2 per share (total ₹10 Lakh) on a preferential basis, as per prior disclosure on February 12, 2026. Major allottee Adani Infra (India) Limited along with nominees received 475,000 shares (₹9.5 Lakh), while Dincum Growth Fund Mauritius received 25,000 shares (₹50,000). Post-allotment, the issued and paid-up share capital stands at ₹10 Lakh as stated.
- ·Board meeting held on March 24, 2026, from 10 a.m. to 11 a.m.
- ·Scrip codes: BSE 532693/PUNJLLOYD, NSE PUNJLLOYD.
- ·CIN: L74899DL1988PLC033314.
- ·Disclosure under Regulation 30 of SEBI LODR Regulations, 2015.
24-03-2026
Adani Enterprises Limited's Management Committee of the Board approved the early full redemption of unlisted, secured, unrated NCDs totaling ₹1,950 Cr, consisting of 1.25 lakh debentures worth ₹1,250 Cr issued on July 11, 2023, and 70,000 debentures worth ₹700 Cr issued on October 11, 2023. The meeting was held on March 24, 2026, from 11:30 a.m. to 12:15 p.m., subject to necessary approvals.
- ·NCDs are unlisted, secured, unrated, redeemable, with face value of ₹1,00,000 each, issued on private placement basis
- ·Scrip Codes: BSE 512599, NSE ADANIENT
- ·Redemption subject to necessary approvals
24-03-2026
Larsen & Toubro Limited announced the closure of its trading window for dealing in company securities from Wednesday, April 1, 2026, in connection with the upcoming declaration of financial results for the year ending March 31, 2026. The trading window will reopen 48 hours after the results declaration. This intimation was issued by Company Secretary Subramanian Narayan to BSE and NSE.
- ·Stock codes: 500510 (BSE), LT (NSE)
- ·CIN: L99999MH1946PLC004768
- ·Filing date: March 24, 2026
24-03-2026
Future Lifestyle Fashions Limited, under Corporate Insolvency Resolution Process (CIRP) since the NCLT order dated May 4, 2023, held its Thirty Third Committee of Creditors (CoC) meeting on March 23, 2026. Resolution Professional Ravi Sethia notified the BSE and NSE as per SEBI LODR Regulation 30. No outcomes, financial updates, or decisions from the meeting were disclosed.
- ·NCLT Mumbai Bench-II order dated 04th May 2023 in CP(IB) No. 959/MB/2022
- ·First CoC meeting held on June 6, 2023
- ·RP IP Registration no. IBBI/IPA-001/IP-P01305/2018-2019/12052
- ·AFA Certificate no. AA1/12052/02/031224/106457 valid upto 31st December 2026
- ·Scrip Code: 536507 (BSE), Debt Scrip Code: 957150, NSE Symbol: FLFL
24-03-2026
Bondada Engineering Limited received a fresh sanction of ₹200 Cr fund & non-fund limits from Punjab National Bank, along with enhancements of ₹60 Cr from HDFC Bank (revised to ₹210 Cr from ₹150 Cr) and ₹50 Cr from CSB Bank (revised to ₹125 Cr from ₹75 Cr). This strengthens the company's working capital position and execution capabilities, particularly in the renewable energy segment. The developments reflect banks' confidence in the company's track record and support sustainable growth.
- ·Total enhancement across banks: ₹310 Cr
- ·Total revised limits: ₹535 Cr
24-03-2026
Maruti Suzuki India Limited disclosed changes in Senior Management Personnel (SMP) effective April 1, 2026, pursuant to Regulation 30 of SEBI Listing Regulations, including Mr. Ram Suresh Akella's transfer from Head-Service to Head-Part & Accessories, Mr. B S Suresh Babu's designation as Head-Service, Mr. SD Chhabra's transfer from Head-Part & Accessories to Production (ceasing as SMP), and Mr. Manoj Gautam's cessation as Head-Information Technology due to superannuation. Post superannuation, Dr. Tapan Sahoo, Head-Digital Enterprise and Information & Cyber Security, will additionally head the IT function. The board meeting approving these changes on March 24, 2026, commenced at 12:30 p.m. and concluded at 2:15 p.m.
- ·No relationships between the mentioned personnel and directors.
- ·Mr. Ram Suresh Akella holds BE from Andhra University and MBA from Faculty of Management Studies, University of Delhi.
- ·Mr. B S Suresh Babu holds Bachelor’s Degree of Engineering from Madras Institute of Technology, Chennai.
24-03-2026
Maruti Suzuki India Limited's Board approved the first phase of capacity addition at Khoraj Industrial Estate, Gujarat, for 2.5 lakh vehicles per annum by 2029, with an investment of ₹10,189 Cr funded entirely by internal accruals. The company's existing capacity of 24 lakh units per annum across Gurugram, Manesar, Kharkhoda, and Hansalpur is fully utilized, supporting production capability up to 26 lakh units including the amalgamated Suzuki Motor Gujarat operations. This expansion addresses growth in market demand including exports.
- ·Existing capacity is fully utilized
- ·Prior board approval intimated via letter dated January 12, 2026
- ·Board meeting on March 24, 2026, commenced at 12:30 p.m. and concluded at 2:15 p.m.
- ·Capacity addition expected by 2029 subject to market conditions
- ·Rationale: Growth in market demand including exports
24-03-2026
Adani Power Limited disclosed that CARE ESG Ratings Limited (CareEdge-ESG) has assigned it an ESG score of 80 (Care EDGE – ESG 1+), reflecting relatively strong environmental and governance performance within the high-impact thermal power sector. This intimation is pursuant to Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular dated January 30, 2026.
- ·Disclosure dated March 24, 2026
- ·Scrip Codes: BSE 533096, NSE ADANIPOWER
- ·CIN: L40100GJ1996PLC030533
24-03-2026
Infosys has extended its strategic collaboration with the University of Nottingham (ranked 97th in QS World University Rankings 2026) to modernize its Student Management System using Infosys Cobalt and Infosys Topaz Fabric, building on a partnership since 2017 that reduced incident volumes by 70%, improved system availability by 30%, and cut infrastructure costs by over 35%. The extension will enhance student lifecycle processes, security via MFA, and operations for 46,000 students and 12,000 staff across global campuses. No financial terms or declines were disclosed.
- ·Collaboration initiated in 2017.
- ·University of Nottingham ranked 97th globally (QS World University Rankings 2026) and 17th in UK.
- ·Infosys operates in 63 countries with over four decades of experience.
24-03-2026
Concord Enviro Systems Limited has issued a notice for an Extra-Ordinary General Meeting (EGM) of equity shareholders on April 28, 2026, at 10:00 A.M. IST via VC/OAVM, as directed by the NCLT Mumbai Bench order dated March 11, 2026, to consider and approve a Scheme of Arrangement between the company and its shareholders under Sections 230, 52, and 66 of the Companies Act, 2013. The scheme includes potential capital reduction aspects, with e-voting from April 25 to April 27, 2026, and cut-off dates of March 20, 2026, for notice dispatch and April 21, 2026, for voting eligibility. Annexures include the scheme details, financial statements up to December 31, 2025, and NCLT order.
- ·NCLT application: CA(CAA)/260/(MB)/2025
- ·Company CIN: L45209MH1999PLC120599
- ·Stock symbols: CEWATER (NSE), 544315 (BSE)
- ·Registered office: 101, HDIL Towers, Anant Kanekar Marg, Bandra (E), Mumbai – 400 051
- ·Scrutinizer email: mferraocs@gmail.com
- ·Annexures include audited financials as of March 31, 2025, and unaudited results as of December 31, 2025
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