India Stock Market Daily Regulatory Digest — March 16, 2026

16-03-2026

Lokesh Machines Limited has submitted a corrigendum to the Board Meeting outcome dated March 6, 2026, correcting inadvertent typographical errors in the names of three allottees. The revisions change 'Mr. Kish15ore Babu Bollineni' to 'Mr. Kishore Babu Bollineni', 'Mr. Mullapudi Ajay Kumar' to 'Mr. Mulapudi Ajay Kumar', and 'Mrs. Rajini Meka' to 'Mr. Yugandhar Meka'. This is a minor administrative update with no financial or operational impact.

16-03-2026

Sagar Cements Limited, promoter of Andhra Cements Limited, is conducting an Offer for Sale (OFS) of up to 66,76,843 equity shares (face value ₹10 each), representing 7.24% of the subsidiary's total issued equity share capital, to meet minimum public shareholding requirements via stock exchange mechanism. The OFS follows a prior letter dated March 16, 2026, with completion expected by March 18, 2026. No revenue contribution, buyer details, or consideration details are applicable yet, and it does not involve related party transactions.

• ·ISIN: INE229C01021
• ·Script Code: 502090 (BSE), Symbol: SAGCEM (NSE)
• ·Disclosure under Regulation 30(4)(i)(c) and Part A of Schedule III of SEBI (LODR) Regulations, 2015
• ·No turnover/revenue/net worth contribution from the unit/division in last FY
• ·Sale not via agreement; no slump sale, amalgamation, or merger

16-03-2026

Windsor Machines Limited shareholders passed a special resolution with near-unanimous approval (99.9993% in favor, 55.20% turnout) via postal ballot to sell, transfer, or dispose of industrial plots (approx. 36,775 sqm) along with factory buildings and fixed assets at Plots No. 5402-5405, Phase IV, GIDC Vatva, Ahmedabad, under Section 180(1)(a) of the Companies Act, 2013. The Board approved the proposal on February 7, 2026, with e-voting from February 12 to March 13, 2026, and the scrutinizer's report issued on March 14, 2026. Promoter and promoter group voted 100% in favor, while public non-institutions showed minimal dissent (0.0046%).

• ·Record date for shareholders: February 6, 2026.
• ·E-voting period: February 12, 2026 (9:00 AM IST) to March 13, 2026 (5:00 PM IST).
• ·Public institutions: 100% in favor with 0.6482% turnout.
• ·Invalid votes: 88.
• ·Rajkot Plant details mentioned (Survey Nos. 1147, 1148, 1149, 1177, Village Chibhda, Lodhika, Rajkot), but resolution pertains only to Vatva plots.

16-03-2026

Sacheta Metals Ltd (BSE: 531869) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received from Ankit Shah, indicating his intention to acquire shares that may cross substantial acquisition thresholds. No details on deal structure, valuation, share count, percentage stake, or transaction terms are provided in the filing. This is an early-stage SAST compliance disclosure with no quantitative financial or operational metrics mentioned.

16-03-2026

NDA Securities Limited conducted its 2nd Extra Ordinary General Meeting on March 16, 2026, at 04:00 P.M. IST via Video Conferencing/Other Audio Visual Means, chaired by Mr. Gaurav Jindal, with directors, statutory auditors, and secretarial auditors present. Two special resolutions were proposed—issuance of equity shares on a preferential basis to promoters/promoter group and non-promoters, and approval for increase in borrowing limits under Section 180(1)(c) of the Companies Act, 2013—with voting results awaited from scrutinizer M/s. C. Prasad & Co. The meeting concluded at 4:35 P.M. after providing e-voting facilities.

• ·Scrip Code on BSE: 511535
• ·E-voting open for 15 minutes post-meeting conclusion
• ·Meeting held in compliance with Companies Act, 2013 and MCA/SEBI circulars
• ·CIN: L74899DL1992PLC (partial)

16-03-2026

Shraddha Prime Projects Ltd. (formerly Towa Sokki Limited) has intimated that a Board of Directors meeting is scheduled for March 20, 2026, to consider and evaluate proposals for raising funds via rights issue, preferential allotment, qualified institutional placement, or other permissible modes through issuance of equity shares, equity-linked securities, warrants, or other eligible securities. The fundraising is subject to requisite regulatory and statutory approvals under SEBI ICDR Regulations, 2018, Companies Act, 2013, and other applicable laws. The company will provide an update on the meeting outcome immediately after its conclusion.

• ·CIN: L70100MH1993PLC394793
• ·ISIN: INE311M01018
• ·Symbol: SHRADDHA
• ·Script Code: 531771
• ·Registered Office: A-309, Kanara Business Centre Premises CHS Ltd, Link Road, Laxmi Nagar, Ghatkopar (East), Mumbai 400 075
• ·Contact: Tel: 022 21646000, Email: shraddhaprimeprojects@gmail.com

16-03-2026

Pritish Nandy Communications Limited disclosed a postal ballot notice dated March 13, 2026, seeking shareholder approval via remote e-voting for the re-appointment of two Independent Directors for second consecutive 5-year terms from April 6, 2026, to April 5, 2031: Mr. Sunil Kumar Alagh (DIN: 00103320, age 79) via Special Resolution and Mr. Karan Ravi Ahluwalia (DIN: 01319174) via Ordinary Resolution. The voting period runs from March 17, 2026 (9:00 AM IST) to April 16, 2026 (5:00 PM IST), with results declared by April 19, 2026. No financial metrics or performance changes are reported in this governance update.

• ·Cut-off date for e-voting eligibility: Friday, March 13, 2026.
• ·Scrutinizer appointed: Mr. Vinayak N Deodhar of V. N. Deodhar & Co.
• ·Notice sent electronically via NSDL to members whose emails are registered with RTA, depository.
• ·Mr. Sunil Kumar Alagh: 30 years experience, former MD & CEO of Britannia Industries (1989-2003).
• ·Mr. Karan Ravi Ahluwalia: Former Senior President and Country Head, Media & Entertainment at Yes Bank.

16-03-2026

Dhanashree Investments Private Limited, a promoter group entity, acquired 17,118 equity shares (0.027% of total capital) of Seshasayee Paper and Boards Limited on March 16, 2026, through open market purchases at ₹250.63 per share, increasing its holding from 4.7506% (2,996,172 shares) to 4.7778% (3,013,290 shares). The transaction value was approximately ₹42.90 Lakh. No other changes in encumbrances, voting rights, or convertible securities were reported.

• ·Disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
• ·Scrip codes: NSE - SESHAPAPER, BSE - 502450.
• ·No changes in shares encumbered, voting rights otherwise than by shares, or warrants/convertible securities.

16-03-2026

Transpek Industry Ltd (BSE: 506687) has announced receipt of a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Dipkanti Investments & Financing Pvt Ltd. This filing indicates the entity's intention to acquire shares in Transpek Industry Ltd that would result in holding 5% or more voting rights. No details on stake size, valuation, transaction structure, or timeline are disclosed in the filing.

16-03-2026

The National Company Law Tribunal (NCLT), Ahmedabad Bench, has sanctioned the Scheme of Arrangement between Prima Plastics Limited and Prima Innovation Limited, along with their shareholders and creditors, under Sections 230-232 of the Companies Act, 2013, vide order dated March 16, 2026. The scheme will become effective on the date the certified copy of the order is filed with the Registrar of Companies, with the downloaded copy already uploaded on the NCLT website and enclosed for reference. No financial impacts or timelines beyond the effective date are disclosed in this regulatory filing.

• ·Order uploaded on NCLT website on March 16, 2026; certified copy awaited.
• ·Copy of order available at Investor Shareholder Services on Prima Plastics website.

16-03-2026

La-tim Lifestyle & Resorts Limited, a promoter group entity of La Tim Metal & Industries Limited, acquired 3,000 shares worth ₹2.92 lakh on March 16, 2026, through open market purchase on BSE, increasing its holding from 6,71,517 shares (0.51%) to 7,01,517 shares (0.53%). The disclosure was submitted by Managing Director Rahul Maganlal Timbadia under SEBI (Prohibition of Insider Trading) Regulations, 2015. No trading in derivatives was reported.

• ·ISIN: INE501N01020
• ·BSE Scrip Code: 505693
• ·Promoter PAN: AAACL1897K
• ·Promoter CIN: U45200MH1987PLC043199
• ·No derivatives trading reported

16-03-2026

Tata Motors Limited (formerly TML Commercial Vehicles Limited) announced a price increase of up to 1.5% across its commercial vehicle range, effective April 1, 2026, to partially offset the impact of rising commodity prices and other input costs. While this supports margins amid cost pressures, it may impact customer affordability in a competitive market. The company, part of the USD 180 billion Tata Group, reaffirmed its leadership in commercial mobility with operations in India, South Korea, and global regions.

• ·Name change from TML Commercial Vehicles Limited to Tata Motors Limited effective October 29, 2025.
• ·Equity shares listed on BSE (Scrip code: 544569) and NSE (Scrip code: TMCV).
• ·Price increase varies by model and variant.

16-03-2026

APAR Industries Limited disclosed the results of its postal ballot conducted via e-voting, which concluded on March 14, 2026, with the special resolution from the Notice dated January 29, 2026, passing with the requisite majority. The e-voting results (Annexure-1) and Scrutinizer’s Report dated March 16, 2026 (Annexure-2) were enclosed and uploaded on the company’s website (www.apar.com) and the e-voting agency’s site (www.evotingindia.com). This fulfills Regulation 44 of SEBI (LODR) Regulations, 2015.

• ·Scrutinizer appointed: Mr. Hemang Mehta (Membership No. F4965), Vadodara, Gujarat.
• ·Initial submission letter dated February 10, 2026.
• ·Scrip Symbol: APARINDS; Scrip Code: 532259.
• ·CIN: L91110GJ1989PLC012802.

16-03-2026

Rubicon Research Limited announced the results of its postal ballot, with both resolutions passing with strong shareholder approval on March 15, 2026. The special resolution appointing Dr. Pradnya Saravade as Independent Woman Director received 100% votes in favor from 75.95% of total shares polled. The ordinary resolution appointing M/s. BNP & Associates as Secretarial Auditors passed with 98.34% in favor, though public institutions showed 8.23% opposition.

• ·Promoter turnout: 73.24% shares polled, 100% in favor for both resolutions.
• ·Public Institutions turnout: 86.58%, 100% favor for Resolution 1, 91.77% favor for Resolution 2.
• ·Public Non-Institutions turnout: 74.80%, nearly 100% favor for both.
• ·Voting period: Feb 14 to Mar 15, 2026; Notice date: Feb 13, 2026.

16-03-2026

Midwest Gold Limited conducted an Extraordinary General Meeting (EGM) on March 14, 2026, via Video Conferencing/Other Audio Visual Means, attended by 31 members, to consider a special resolution approving the preferential issue of equity shares to promoters, promoter group, and non-promoters for cash consideration. The meeting commenced at 11:00 A.M. IST and concluded at 11:15 A.M. IST, with e-voting facilities provided by Bigshare Services Private Limited. Voting results and the scrutinizer’s report will be submitted separately within statutory timelines.

• ·EGM deemed venue: 1st Floor, H.No.8-2-684/3/25&26, Road No.12, Banjara Hills, Hyderabad, Telangana, India, 500034.
• ·Filing submitted by Baladari Satyanarayana Raju (DIN: 01431440) on March 16, 2026.

16-03-2026

Housing & Urban Development Corporation Limited (HUDCO) has informed stock exchanges that a Board of Directors meeting is scheduled for March 23, 2026, to consider declaration of the 4th interim dividend for FY 2025-26 along with fixation of record date, and to approve the Annual Resource plan/Borrowing programme for FY 2026-27. Pursuant to insider trading regulations, the trading window for HUDCO equity shares/securities will remain closed with immediate effect until March 25, 2026.

16-03-2026

Omni Ax’s Software Limited's Board of Directors, in a meeting held on March 16, 2026, approved the appointment of Mrs. Lalita Jigar Shah as Company Secretary and Compliance Officer effective immediately from the same date. Mrs. Shah, a Fellow Member of the Institute of Company Secretaries of India (Membership No. F9903), brings over 12 years of experience in legal, regulatory, corporate governance, and compliance roles. She has no relationships with any directors of the company.

• ·Board meeting commenced at 04:30 P.M. and concluded at 04:45 P.M. on March 16, 2026.
• ·Mrs. Lalita Jigar Shah Membership No.: F9903.
• ·Term of appointment: Not Applicable.
• ·Disclosure: Mrs. Lalita Jigar Shah is not related to any directors.

16-03-2026

Sical Logistics Limited informed BSE and NSE on March 16, 2026, about the publication of post-issue advertisements for its rights issue on March 14, 2026, in Business Standard (English, all editions), Hindustan (Hindi, all editions), and Dinamani (Tamil, Tamil Nadu editions), complying with Regulation 92(1) of SEBI ICDR Regulations. The advertisements are hosted on the company's website at http://sical.in/. No financial metrics or performance data were disclosed.

• ·Scrip Code: 520086; Symbol: SICALLOG; Series: BE
• ·CIN: L51909TN1955PLC002431
• ·Registered Office: South India House, 73 Armenian Street, Chennai - 600 001

16-03-2026

Tinna Rubber and Infrastructure Limited disclosed the retirement of Mr. Ravindra Chhabra as Chief Financial Officer (Key Managerial Personnel) effective close of business on March 15, 2026, upon reaching superannuation age of 60, with him continuing in an advisory capacity. Mr. Abhay Kumar, previously Deputy CFO, was appointed as the new CFO effective March 16, 2026, following recommendation by the Nomination and Remuneration Committee and approval by the Board of Directors on the same day. The transition maintains continuity in financial leadership with no disruptions noted.

• ·Mr. Ravindra Chhabra ceased to be Permanent Invitee of the Corporate Social Responsibility Committee and Member of the Risk Management Committee.
• ·Mr. Abhay Kumar has over 20 years of experience as a Chartered Accountant, previously with Spark Minda Group, Hanon Systems, and Caparo Engineering India Limited.
• ·No relationships between Mr. Abhay Kumar and the Directors.
• ·Board meeting held on March 16, 2026, from 04:00 P.M. IST to 4:30 P.M. IST.

16-03-2026

Suraj Industries Limited received ₹8.85 Cr towards First Call Money (at ₹10 per share) on 88,48,110 out of 90,16,739 partly paid-up Rights Equity Shares (98.1% collection), approving their conversion from ₹2.5 paid-up (ISIN: IN9170U01027) to ₹5 paid-up (ISIN: IN9170U01035). However, ₹0.17 Cr remains unpaid on the balance 1,68,629 shares (1.9% unpaid), prompting a Second Final Reminder cum Forfeiture Notice from March 20 to April 3, 2026. The Rights Issue Committee also waived 12% p.a. interest on the First Call Money.

• ·First payment period for Reminder-cum-Forfeiture Notice: February 25 to March 11, 2026
• ·Rights Issue Committee meeting: March 16, 2026 (05:00 P.M. to 05:20 P.M.)
• ·Previous Rights Issue Committee approval: February 19, 2026
• ·Scrip Code: 526211
• ·CIN: L26943DL1992PLC457936

16-03-2026

Promoter and Whole-Time Director Rajiv Govindram Agrawal disclosed an off-market disposal of 31,00,000 equity shares (33.84% reduction in his personal holding) via gift deed on March 13, 2026, lowering his stake from 91,55,136 shares (47.58%) to 60,55,136 shares (31.47%). Concurrently, promoter Mamta Rajiv Agrawal acquired the same 31,00,000 shares, boosting her holding from 12,28,528 shares (6.39%) to 43,28,528 shares (22.50%), a 252.34% increase. Disclosures were intimated to BSE on March 16, 2026; no change in overall promoter group holding.

• ·BSE Scrip Code: 542503
• ·ISIN: INE00CX01017
• ·Transaction mode: Off-market Gift Deed
• ·Intimation date to company/BSE: 16-03-2026

16-03-2026

Shristi Infrastructure Development Corporation Limited issued a Postal Ballot Notice dated February 13, 2026, seeking shareholder approval via remote e-voting for the re-appointment of Mr. Sunil Jha (DIN: 00085667) as Managing Director for a period of 3 years, effective March 4, 2026, to March 3, 2029. The e-voting period commences on March 18, 2026, at 9:00 a.m. IST and ends on April 16, 2026, at 5:00 p.m. IST, with results to be announced on or before April 17, 2026. This follows the Board meeting on February 13, 2026, and complies with SEBI LODR Regulation 30 and Companies Act provisions.

• ·Cut-off date for voting eligibility: Friday, March 6, 2026
• ·Scrutinizer appointed: CS Siddhi Singhania (ACS–35042 & C.P.-13019)
• ·Company CIN: L65922WB1990PLC049541
• ·Re-appointment liable to retire by rotation

16-03-2026

Leela Palaces Hotels & Resorts Limited issued a Postal Ballot Notice on March 16, 2026, seeking shareholder approval through remote e-voting for amendments and ratification of The Leela Employee Stock Option Scheme 2024, authorizing the grant of up to 66,79,158 stock options (2% of paid-up equity shares of 33,39,57,878). The scheme allows options for eligible employees, including those of subsidiaries/holding/associate companies. No financial impacts or performance metrics are disclosed in this governance filing.

• ·Cut-off date for e-voting eligibility: Friday, March 13, 2026
• ·Remote e-voting period: Wednesday, March 18, 2026 (9:00 a.m. IST) to Thursday, April 16, 2026 (5:00 p.m. IST)
• ·ESOP originally approved by Board: September 16, 2024; by Members: September 17, 2024
• ·Scrip Code (BSE): 544408; Symbol (NSE): THELEELA; ISIN: INE0AQ201015
• ·CIN: L55209DL2019PLC347492

16-03-2026

Madhucon Projects Limited announced the resignation of Mr. Samba Siva Rao Jasty (DIN: 09526475) from the position of Director - Finance & Accounts, effective February 20, 2026, due to health issues and personal reasons. The Board accepted the resignation through Circular Agenda No. 100/2025-26 dated March 14, 2026, and the company filed DIR-11 with MCA (SRN: AC2646709) on the same date. The disclosure was made to BSE (Scrip: 531497) and NSE (Scrip: MADHUCON) on March 16, 2026, in compliance with SEBI (LODR) Regulations.

• ·BSE Scrip Code: 531497
• ·NSE Scrip Code: MADHUCON
• ·MCA SRN: AC2646709 dated March 14, 2026
• ·CIN: L74210TG1990PLC011114

16-03-2026

Minda Corporation Limited announced postal ballot results on March 16, 2026, approving four special resolutions related to amending the Employee Stock Option Scheme 2017, introducing the Minda – Employee Stock Option Scheme 2025 (ESOP 2025), and granting options to employees of subsidiaries and group companies, all passing with requisite majority. Promoter/promoter group votes were 100% in favor across all resolutions, while public institutional support varied from 77.9% to 39.8% and public non-institutional from 84.3% to 51.9%, resulting in total approval rates of 82.99% to 97.66%. Overall voter turnout was 90.38%.

• ·Postal Ballot Notice dispatched on February 12, 2026.
• ·Voting via e-voting from 09:00 to 17:00 on March 16, 2026.
• ·Scrutinizer’s Report dated March 16, 2026.
• ·Promoters not interested in any resolution.
• ·Results available on www.sparkminda.com.

16-03-2026

The Board of Directors of Hit Kit Global Solutions Ltd. at its meeting on March 16, 2026, approved the shifting of the company's registered office from Office No. 3131/B, Rustomjee Eaze Zone, Laxmi Singh Complex, Malad West, Mumbai, 400064 to Unit No.1, Uttam Villa, Saint Mary Road, Vileparle West, Mumbai, 400056, effective immediately on the same date. The meeting commenced at 04:30 p.m. and concluded at 05:30 p.m. This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to BSE Limited (scrip code: 532359).

• ·Disclosure addressed to BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.
• ·Scrip code: 532359

16-03-2026

Shareholders of Indian Renewable Energy Development Agency Limited (IREDA) passed a special resolution to raise capital through issuance of equity shares via remote e-voting postal ballot, with 99.9919% of polled votes (76.0033% turnout) in favor and only 0.0081% against. Promoters and public institutions voted 100% in favor, while public non-institutions showed 90.4354% support with minor dissent of 9.5646%. The resolution was deemed passed on March 14, 2026, as per the Scrutinizer’s Report dated March 16, 2026.

• ·Record date for voting: February 6, 2026
• ·Postal Ballot notice dated February 12, 2026
• ·Scrutinizer appointed on February 6, 2026
• ·No invalid votes recorded
• ·ISIN: INE202E01016; NSE Symbol: IREDA; BSE Scrip Code: 544026

16-03-2026

Cian Healthcare Limited's Board approved the allotment of 23,750,000 fresh fully paid-up equity shares at ₹10 each, aggregating to ₹23.75 Cr, to promoters on a preferential basis pursuant to the NCLT-approved resolution plan under IBC. The shares were allotted to Ananta Medicare Limited (13,750,000 shares, 55%), Mr. Rajesh Jain (5,250,000 shares, 21%), and Mr. Pradeep Kumar Jain (4,750,000 shares, 19%). This follows prior in-principle approval for these shares and listing approval for 1,250,000 shares to public shareholders.

• ·NCLT order approving resolution plan dated December 18, 2025.
• ·Board meeting (CHL/BM/2025-26/01) held on March 16, 2026, from 02:00 P.M. to 03:38 P.M. IST.
• ·Allotment submitted in XBRL mode.

16-03-2026

Ayushi Doshi, part of the promoter/promoter group of Shalibhadra Finance Limited, acquired 9,000 equity shares (0.03% of total share capital) on March 16, 2026, via open market purchase, increasing her holding from 536,000 shares (1.74%) to 545,000 shares (1.76%). No changes in encumbrances, voting rights outside shares, or convertible securities. The total equity share capital remains unchanged at 30,88,84,000 shares.

• ·Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• ·Scrip Code: 511754
• ·CIN: L65923MH1992PLC064886
• ·Mode of acquisition: Open Market

16-03-2026

Piramal Finance Limited announced an upgrade by ICRA Limited of its long-term ratings from [ICRA] AA (Stable) to [ICRA] AA+ (Stable) for Non-convertible Debentures (₹27,790 Cr), Retail NCDs (₹4,168.78 Cr), Principal Protected Market-Linked Debentures (₹500 Cr), Subordinated Tier II Bonds (₹1,500 Cr), and Bank Facilities (₹9,550 Cr), reflecting the company's strong business, financial, and risk profile as an Upper Layer NBFC. Short-term ratings were reaffirmed at [ICRA] A1+. This follows prior upgrades by CRISIL, S&P Global, and CARE Ratings, with one small Retail NCD programme (₹272.91 Cr) upgraded to AA+ (Stable) and withdrawn.

• ·Rating upgrade effective March 13, 2026; prior ICRA letters referenced from January 4, 2026, February 16, 2026, and February 25, 2026.
• ·Unutilised portions: PP-MLD ₹500 Cr; NCDs ₹4,109.47 Cr; Retail NCDs ₹3,663.04 Cr; Subordinated Bonds ₹1,000 Cr.