India Stock Market Daily Regulatory Digest — March 01, 2026

28-02-2026

Punj Lloyd Ltd (in liquidation) has advanced its insolvency resolution by entering a Business Transfer Agreement (BTA) on February 28, 2026, for the sale of its Defence Unit to Adani Defence Systems and Technologies Limited (ADSTL), following the NCLT order dated February 12, 2026. Additionally, its subsidiary Punj Lloyd Aviation Limited signed a Share Purchase Agreement (SPA) on the same date to sell shares of Air Works India (Engineering) Private Limited to ADSTL, as part of the acquisition plan by Adani Infra (India) Limited. This implements the resolution plan amid ongoing liquidation proceedings.

• ·Earlier intimation dated February 12, 2026 and February 13, 2026 regarding acquisition plan.
• ·Liquidator meeting with Successful Bidder on February 28, 2026 to discuss implementation steps.

01-03-2026

Baazar Style Retail Limited announced the opening of a new Style Baazar store at Uttarpara, West Bengal, on March 01, 2026, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. This brings the company's total store count to 260. No financial impact or performance metrics were disclosed.

• ·Scrip Code: 544243, Trading Symbol: STYLEBAAZA
• ·Company CIN: L18109WB2013PLC194160
• ·Registered address: PSSrijan Tech Park, DN-52, 12th Floor, Sector-V, Salt Lake, North 24 Parganas, West Bengal 700091

01-03-2026

Maruti Suzuki India Limited reported total sales of 213,995 units in February 2026, up 7.3% YoY from 199,400 units, primarily driven by a 56.5% surge in exports to 39,155 units and 11.9% growth in utility vehicles to 72,756 units. However, domestic passenger car sales fell 9.1% YoY to 76,624 units, with the compact segment declining 9.0% to 66,386 units and the mini segment remaining flat at 10,238 units. Year-to-date April-February FY 2025-26 sales rose 7.7% to 2,197,462 units, though passenger cars YTD growth was modest at 1.6%.

• ·Mid-size segment (Ciaz) sales dropped to 0 units in February 2026 from 1,097 units YoY.
• ·Sales to OEM declined slightly to 10,710 units from 10,878 units YoY.
• ·Vans (Eeco) sales up marginally 1.1% to 11,620 units YoY.
• ·LCV (Super Carry) sales up 15.5% to 3,130 units YoY.

01-03-2026

Mahindra & Mahindra reported strong February 2026 auto sales of 97,177 vehicles (+18% YoY), driven by Utility Vehicles at 60,018 domestic units (+19% YoY) and Commercial Vehicles at 24,585 domestic units (+10% YoY). Farm Equipment sales reached 34,133 tractors total (+34% YoY), with domestic at 32,153 units (+35% YoY). Trucks & Buses sold 3,018 units (+13% YoY overall), though MTBD Passenger Vehicles declined 1% YoY and LCV <2T sales fell 4% YoY.

• ·Auto YTD Utility Vehicles: 600,004 units (+19% YoY)
• ·Tractor YTD Domestic: 462,527 units (+24% YoY)
• ·Trucks & Buses YTD Total: 27,197 units (+16% YoY)
• ·SML Cargo Vehicles Feb: 486 units (+4% YoY)

01-03-2026

Aditya Birla Capital Limited informed about a favorable resolution in tax litigation involving its material subsidiary, Aditya Birla Sun Life Insurance Limited (ABSLI). The Assessing Officer (A.O.) accepted ABSLI’s claim via order dated 28 February 2026, nullifying the entire tax demand of ₹464.81 Cr pertaining to Assessment Year (AY) 21-22, following ITAT's remand on 08 November 2024.

• ·Previous updates: 14 August 2023, 29 March 2024, and 08 November 2024.
• ·ITAT Mumbai Bench remanded the matter to A.O. for verification.
• ·Disclosure under Regulation 30 of SEBI Listing Regulations.

01-03-2026

Tata Motors Limited reported 32% YoY growth in total commercial vehicle sales to 42,940 units in February 2026 from 32,533 units in February 2025. Domestic sales rose 32.8% to 40,893 units, supported by strong performance across segments including HCV Trucks (+37.1%), ILMCV Trucks (+34.1%), Passenger Carriers (+27.4%), and SCV cargo & pickup (+30.4%); international sales grew 17.9% to 2,047 units. MH&ICV domestic sales increased 34.4% to 21,423 units, with total MH&ICV up 34.9% to 22,512 units.

• ·Company name changed to Tata Motors Limited effective October 29, 2025.
• ·Equity shares listed on BSE and NSE effective December 12, 2025.
• ·Operates in India and South Korea, with presence in Africa, Middle East, Latin America, Southeast Asia, and SAARC countries.

01-03-2026

Oil & Natural Gas Corporation Limited (ONGC) disclosed that Shri Arunangshu Sarkar (DIN: 10777112), Director (Strategy & Corporate Affairs), ceased to be a director effective March 1, 2026, upon attaining superannuation age. The announcement complies with Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015. No other material changes or financial impacts were mentioned.

• ·DIN: 10777112
• ·Effective date: 01.03.2026
• ·Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

01-03-2026

TVS Motor Company reported total sales of 529,308 units in February 2026, a robust 31% YoY growth from 403,976 units in February 2025. Two-wheeler sales rose 30% to 507,862 units, driven by 34% growth in scooters (219,895 units) and 60% in EVs (38,386 units), while motorcycles grew 25% to 241,282 units. Exports hit a record 1.58 lakh units (up 27% YoY), with three-wheelers surging 77% to 21,446 units.

• ·Domestic two-wheeler sales: 365,471 units in Feb 2026 (up 32% YoY from 276,072 units)
• ·Two-wheeler exports: 142,391 units in Feb 2026 (up 23% YoY from 115,817 units)

01-03-2026

LG Electronics India Limited issued a Postal Ballot Notice dated February 11, 2026, seeking shareholder approval via remote e-voting for two ordinary resolutions: re-appointment of Mr. Dongmyung Seo (DIN: 09481866) as Whole Time Director (Executive Director) for 4 years effective January 27, 2026, and material related party transactions with promoter LG Electronics Inc. involving purchases, sales, royalties, and services up to an aggregate of ₹7,250 Cr. The e-voting window opens March 2, 2026, and closes March 31, 2026, with results declared by April 2, 2026. This is a routine governance filing with no financial performance metrics disclosed.

• ·Cut-off date for e-voting eligibility: Friday, February 20, 2026
• ·Board and Nomination & Remuneration Committee approval for director re-appointment: January 16, 2026
• ·NSE Symbol: LGEINDIA; BSE Scrip Code: 544576
• ·CIN: L32107DL1997PLC220109
• ·Transactions to be at arm's length and in ordinary course of business

01-03-2026

Asian Granito India Limited informed stock exchanges about filing E-Form INC-28 with Registrar of Companies, Ahmedabad on March 1, 2026, for the Composite Scheme of Arrangement involving demerger from Adicon Ceramica Tiles Private Limited (Demerged Company) to Asian Granito India Limited (Resulting Company 1) and Adicon Ceramics Limited (Resulting Company 2). This follows the NCLT Ahmedabad Bench order dated February 17, 2026, with prior disclosure on February 20, 2026, establishing March 1, 2026, as the effective date per the scheme conditions. The filing complies with Section 232(5) of Companies Act, 2013 and Regulation 30 of SEBI LODR.

• ·Petition references: Company Scheme Petition C.P. (CAA)/48(AHM)2025 In C.A.(CAA)/45(AHM)2025
• ·Compliance with Sections 230-232 of Companies Act, 2013
• ·Scheme clauses: 1.9 (Effective Date) and 20 (Conditions Precedent)

01-03-2026

Adani Enterprises Limited's wholly-owned subsidiary, Adani Defence Systems & Technologies Ltd (ADSTL), executed a Share Purchase Agreement on March 1, 2026, with Punj Lloyd Aviation Ltd (PLAL) to acquire a 14.2% stake in Air Works India (Engineering) Private Ltd, increasing ADSTL's holding from 85.76% to 99.98%. The agreement includes special rights such as the right to appoint directors, first right to subscribe to shares, and restrictions on changes to capital structure. The transaction does not qualify as a related party transaction.

• ·Disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
• ·ADSTL has NIL shareholding in PLAL
• ·Information received by Adani Enterprises on March 1, 2026 at 12:27 AM IST
• ·Not applicable for issuance of shares, termination/amendment details, or board nominees

01-03-2026

Bharti Airtel and Google announced a collaboration on March 01, 2026, to advance spam protection in India through Secure RCS Messaging, integrating Airtel’s AI-powered network intelligence with Google’s RCS platform for enhanced security in rich messaging. Over the last 1.5 years, Airtel blocked 71 billion spam calls and 2.9 billion spam SMSes, achieving a 68.7% decrease in financial losses on its network. However, a critical protection gap remains in non-telco digital platforms and OTT apps, which this partnership seeks to bridge.

• ·Airtel operates in India, Africa (second largest mobile operator), Bangladesh, and Sri Lanka through associates.
• ·Airtel’s retail portfolio includes 4G/5G mobile, Wi-Fi (FTTH+ FWA) up to 1 Gbps, video streaming, digital payments, and financial services.
• ·Enterprise solutions include secure connectivity, cloud, data centres, cyber security, IoT, and cloud-based communication.

01-03-2026

Galactico Corporate Services Limited, a SEBI-registered Category I Merchant Banker (Scrip Code: 542BOZ), has scheduled a Board of Directors meeting on March 05, 2026, via video conferencing to review non-core business activities' operational and financial impact, consider corporate restructuring proposals including divestment or consolidation, and ensure compliance with liquid net worth and capital adequacy norms. The agenda also includes evaluating non-SEBI regulated activities through a separate business unit. No financial metrics or period comparisons were disclosed in this intimation.

• ·CIN: L74110MH2015PLC265578
• ·SEBI Registration No.: INM000012519
• ·Registered Office: Off No. 68, Business Bay Premises, Co-op HSG SOC, Nashik - 422002, MH, IN
• ·Mumbai Office: 408/93, East Mahakali Caves Road, Shant Nagar, Andheri East, Mumbai - 400093
• ·DIN: 05173313
• ·Contact: Phone +91 9422323167 (Mumbai), +91 253-2952456 (Nashik); Email: info@galacticocorp.com; Website: www.galacticocorp.com

01-03-2026

Nectar Lifesciences Limited announced the results of its postal ballot on March 1, 2026, with all three resolutions passing with requisite majority, including over 99.98% votes in favor for the appointment of Mr. Sushil Kapoor as Whole-time Director (Finance) for three years and adoption of a new Memorandum of Association expanding objects to include real estate development and construction. Voting turnout was 52.41% of total shares (194,260,970 outstanding), with promoters fully supportive (100% polled and in favor) and minimal opposition (0.0138% against). No declines or flat metrics noted as all resolutions passed overwhelmingly.

• ·E-voting period: January 30, 2026 (9:00 A.M. IST) to February 28, 2026 (5:00 P.M. IST)
• ·Ordinary resolution for Mr. Sushil Kapoor as Director also passed
• ·New MoA objects expanded to include real estate, construction, infrastructure development (sub-clauses 4,5,6 inserted)
• ·Public non-institutions: 91.93% in favor, 8.07% against for Whole-time Director resolution

01-03-2026

Grindwell Norton Limited disclosed under Regulation 30 of SEBI Listing Regulations that it received an order dated February 27, 2026 (received February 28, 2026) from the Office of the Assistant Commissioner of Commercial Taxes, Bengaluru, dropping proceedings and reducing a prior tax demand of ₹22.59 Lakh to Nil under KGST Act, CGST Act, and IGST Act provisions. This resolves a Show Cause Notice previously intimated on January 28, 2026. The company stated there is no material impact on its financial, operational, or other activities.

• ·Symbol: GRINDWELL
• ·Scrip Code No.: 506076
• ·Authority: Office of the Assistant Commissioner of Commercial Taxes, Bengaluru

01-03-2026

Bharat Coking Coal Limited (BCCL) reported provisional monthly production for Feb'26 with raw coal output nearly flat at 3.50 million tonnes (+0.1% YoY), supported by non-coking coal growth of 30.0% YoY to 0.24 MT and opencast mines up 0.4% to 3.42 MT. However, offtake declined sharply by 28.7% YoY to 2.16 MT in Feb'26, and progressive Apr'25-Feb'26 raw coal production fell 14.0% YoY to 31.1 MT, with coking coal down 15.3% and underground mines plunging 30.0%. Overburden removal also decreased 5.7% YoY in Feb'26.

• ·Underground mines production: 0.08 MT in Feb'26 (-12.5% YoY); progressive 0.70 MT (-30.0% YoY)
• ·Opencast mines: 3.42 MT in Feb'26 (+0.4% YoY); progressive 30.40 MT (-13.6% YoY)
• ·Washed Coking Coal: 0.15 MT in Feb'26 (-4.5% YoY); progressive 1.42 MT (-5.8% YoY)
• ·Overburden Removal (Progressive): 152.39 MCuM (-8.3% YoY)
• ·Offtake Progressive: 30.39 MT (-12.5% YoY)
• ·Scrip Code: 544678; ISIN: INE05XR01022

01-03-2026

Oriental Trimex Limited informed NSE and BSE on March 1, 2026, about newspaper advertisements published that day in Jansatta (Hindi) and Financial Express (English) confirming completion of dispatch of EGM notices and e-voting details under Regulation 47 of SEBI (LODR) Regulations, 2015. The disclosure relates to an upcoming Extraordinary General Meeting (EGM) of the company. No financial performance data or period comparisons are mentioned.

• ·CIN: L74899DL1996PLC078339
• ·Scrip Code: 532817, Symbol: ORIENTALTL
• ·Advertisements confirm dispatch of EGM notice and e-voting information
• ·Signed from Delhi and Greater Noida addresses

01-03-2026

GMR Power and Urban Infra Limited's wholly owned subsidiary, GMR Energy Limited, incorporated GMR Karnataka Renewable Energy-I Limited (GKREL) on February 28, 2026, as a step-down wholly owned subsidiary with a paid-up capital of ₹5L via subscription to 50,000 equity shares of ₹10 each. GKREL will focus on developing a renewable energy power plant (generation and transmission) in Karnataka, outside the main line of business but as a strategic expansion. No governmental approvals or cash consideration required, with GEL holding 100% stake; no prior turnover as it's newly incorporated.

• ·GKREL incorporated on February 28, 2026, yet to commence business operations
• ·Disclosure under Regulation 30 and SEBI Master Circular dated July 11, 2023 (updated January 30, 2026)