India Stock Market Daily Regulatory Digest — March 20, 2026

19-03-2026

Delhivery Limited announced the appointment of Ms. Neelam Dhawan as Non-Executive Independent Director effective March 20, 2026, and as Chairperson of the Board of Directors effective April 1, 2026, succeeding Mr. Deepak Kapoor who is stepping down after over eight years. Ms. Dhawan brings over three decades of technology leadership experience from HP India, Hewlett-Packard Enterprise India, and Microsoft India, along with current independent directorships at Hindustan Unilever Limited, Tech Mahindra Limited, and others. The company serves over 51,000 clients with integrated logistics services including express parcels, freight, warehousing, and supply chain solutions.

• ·Ms. Neelam Dhawan served on NASSCOM Executive Council from 2009 to 2017.
• ·Previous regulatory filing on Mr. Deepak Kapoor's departure announced January 31, 2026.
• ·Recognized by Fortune, Forbes, and Business Today as one of the 'Most Powerful Women in Business'.

20-03-2026

G-Tech Info-Training Limited (scrip code: 532139) disclosed the outcome of a separate meeting of Independent Directors held on March 20, 2026, at its registered office in Mumbai, pursuant to Regulation 25(3) of SEBI (LODR) Regulations, 2015 and Schedule IV of the Companies Act, 2013. The directors reviewed the performance of non-independent directors and the board as a whole, the chairperson's performance incorporating views from executive and non-executive directors, and the quality, quantity, and timeliness of information flow between management and the board. The meeting commenced at 4:00 PM and concluded at 4:30 PM.

• ·Company CIN: L67120MH1994PLC080449
• ·Director DIN: 07709329
• ·Meeting for Financial Year 2025-26

20-03-2026

Afloat Enterprises Limited (formerly Adishakti Loha and Ispat Limited) disclosed under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 [Regulation 31(2)], that promoter Mr. Pawan Kumar Mittal created a pledge on 14,12,525 equity shares of the company. The disclosure was submitted to BSE Limited on March 20, 2026, from New Delhi. No financial impact or performance metrics were detailed in the filing.

• ·Company CIN: L46209DL2015PLC275150
• ·Registered office: Plot 3, Shop 325, DDA CCNTR, Aggarwal Plaza, Sec-14, Rohini, New Delhi - 110085
• ·Contact: Phone +91-9810260127, Email: info@adishaktiloha.com

20-03-2026

Anand Rathi Wealth Ltd (543415) has made disclosures under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The BSE received a related disclosure on March 20, 2026, pertaining to Anand Rathi Financial Services Ltd. No quantitative details, transaction specifics, financial metrics, or shareholding changes are mentioned in the filing.

20-03-2026

Gujarat State Fertilizers & Chemicals Limited informed BSE and NSE that it published a public notice in Financial Express on March 20, 2026, regarding a SEBI-mandated special window for transfer and dematerialization of physical equity shares purchased prior to April 1, 2019. The window remains open until February 4, 2027, in compliance with SEBI Circular dated January 30, 2026. The notice is also uploaded on the company's website.

• ·CIN: L19999GJ1962PLC001121
• ·Scrip Code: 500690
• ·Symbol: GSFC
• ·SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/375012026

20-03-2026

G Ganesh Kumar, a promoter of Tyche Industries Limited, acquired 1,880 equity shares (0.02% of total share capital) via an off-market inter-se gift transfer from fellow promoters G Rama Raju (280 shares) and G Vijaya Kumari (1,600 shares) on March 18, 2026. This transaction is exempt from open offer requirements under Regulation 10(1)(a)(i) and (ii) of SEBI SAST Regulations, 2011, with no change in aggregate promoter and promoter group holdings. G Ganesh Kumar's individual holding increased marginally from 5.41% (554,029 shares) to 5.42% (555,909 shares), representing negligible impact.

• ·Scrip Code: 532384
• ·Disclosure under SEBI SAST Regulation 10(6); prior intimation under 10(5) filed on 04-03-2026
• ·Shareholding pattern reference: quarter ended December 30, 2025
• ·Transaction price: Nil (gift via Gift Deed)
• ·Filing date: March 20, 2026

20-03-2026

Time Technoplast Limited certified the timely and full repayment of its commercial paper (Scrip Code: 730845, ISIN: INE508G141E9) maturing on March 20, 2026, with repayment completed on the same date. This follows their earlier intimation on February 20, 2026, setting March 19, 2026, as the record date for the repayment.

• ·CIN: L27203DD1989PLC003240
• ·Reference: Para 8.4 of Chapter XVII of SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/61 dated August 10, 2021

20-03-2026

Paradeep Parivahan Limited's Board of Directors, in a meeting held on March 20, 2026 (4:00 p.m. to 4:40 p.m.), approved the appointment of Mr. Suryasnata Rath as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective immediately, based on NRC recommendation. Mr. Rath, previously Manager – Finance & Accounts, has 12 years of experience in finance, accounting, and compliance. No other significant matters were disclosed.

• ·Mr. Suryasnata Rath holds B.Com (Honours) from Utkal University and has cleared Group I of IPCC (CA Intermediate).
• ·PAN of Mr. Suryasnata Rath: AZJPR0169B.
• ·Company CIN: L52241OR2000PLC006379; ISIN: INE0SMW01011; Scrip codes: 544383 / 544391.

20-03-2026

GeeCee Ventures Limited has completed the conversion of 30,912 partly paid-up equity shares of Adani Enterprises Limited (AEL) into fully paid-up shares at a total cost of approx. ₹5.56 Cr (₹1,800 per share), following prior payments disclosed on multiple dates, resulting in a 0.00% shareholding as this is a miniscule part of its investment portfolio. AEL's turnover declined 17% YoY to ₹26,709 Cr in FY 2024-25 from ₹32,012 Cr in FY 2023-24, after a 52% drop from ₹67,325 Cr in FY 2022-23. Profit after tax from continuing operations stood at ₹6,053 Cr for FY 2024-25.

• ·AEL Date of Incorporation: March 02, 1993
• ·AEL has presence in India, Australia, Indonesia, Singapore, the Middle East and parts of Southeast Asia
• ·No related party transactions; acquisition at arm's length
• ·Previous disclosures: March 13, 2026; January 27, 2026; December 12, 2025; December 10, 2025
• ·AEL intimation to exchanges: March 19, 2026

20-03-2026

Akme Fintrade (India) Limited conducted an Extra-Ordinary General Meeting (EGM) on March 20, 2026, via Video Conferencing/Other Audio Visual Means, approving a special resolution for the issue of warrants on a preferential cum private placement basis to persons in the promoter and non-promoter categories. The meeting started at 12:30 PM IST and ended at 12:41 PM, with e-voting facilitated by CDSL and results along with the scrutinizer's report pending submission to stock exchanges. No voting outcomes or quantitative details on the warrant issuance were disclosed in the proceedings summary.

• ·Scrip Code: 544200, Symbol: AFIL
• ·e-voting window: March 17, 2026 (10:00 AM) to March 19, 2026 (5:00 PM), plus 15 minutes post-EGM
• ·Cut-off date for e-voting eligibility: March 13, 2026
• ·EGM Notice dated February 21, 2026 (issued February 26, 2026); Corrigendum dated March 12, 2026

20-03-2026

Zen Technologies Limited has issued a Postal Ballot Notice seeking shareholder approval via remote e-voting for three key matters: material related party transactions with subsidiary Unistring Tech Solutions Private Limited up to ₹750 Cr during FY 2026-27; re-appointment of Mr. Ashok Atluri as Chairman and Managing Director for 3 years from May 1, 2026; and re-appointment of Mr. Kishore Dutt Atluri as President & Joint Managing Director for the same period. The e-voting window opens on March 26, 2026, and closes on April 24, 2026, with a cut-off date of March 13, 2026. No financial performance metrics or period comparisons are disclosed.

• ·Cut-off date for e-voting eligibility: March 13, 2026
• ·Remote e-voting period: March 26, 2026 (9:00 AM IST) to April 24, 2026 (5:00 PM IST)
• ·Re-appointments effective: May 1, 2026 to April 30, 2029
• ·Postal Ballot Notice sent electronically in compliance with MCA Circulars (latest: No. 03/2025 dated September 22, 2025)

20-03-2026

Sagarsoft (India) Limited submitted the postal ballot voting results, with both resolutions passing overwhelmingly. The special resolution appointing Mrs. Kanakadhara Srinivasan (DIN: 01650788) as Independent Director for 5 years from January 13, 2026, received 99.9614% votes in favor (3,427,009 out of 3,428,331 valid votes). The ordinary resolution approving material related party transactions up to ₹24 Cr with Sagarsoft INC, USA, garnered 99.5237% in favor (276,242 out of 277,564 valid votes), though turnout was from only 80 members out of 3,610 total shareholders.

• ·Voting period: February 18, 2026 (9:00 a.m. IST) to March 19, 2026 (5:00 p.m. IST); cut-off date: February 13, 2026.
• ·Postal ballot notice dated February 12, 2026; dispatch on February 16, 2026.
• ·Promoter group shares: 3,283,277; public non-institutions: 3,095,661.
• ·Low member participation: 80 out of 3,610 shareholders voted.

20-03-2026

Baumann Dekor Private Limited, a promoter of Eastern Silk Industries Limited, disclosed the sale of 1,38,660 equity shares (2.77% of total equity capital) via Offer for Sale (OFS) on NSE during March 18-19, 2026, to comply with minimum public shareholding (MPS) norms. This reduced the seller's holding from 47,49,994 shares (94.99988%) to 46,11,334 shares (92.22%), with PAC holdings unchanged at a negligible 6 shares. The transaction value was ₹87.36 Lakh, with total equity capital steady at ₹1 Crore (50,00,000 shares of ₹2 face value).

• ·Persons Acting in Concert (PACs): Ajay Bikram Singh, Veenu Kanwar, Abhay Singh
• ·Disclosure filed on March 20, 2026, for trades on March 18-19, 2026
• ·Mode: Offer for Sale (OFS) through stock exchange mechanism to meet MPS norms under Rule 19A(5) SC(R)R 1957 and Reg 38 LODR
• ·No changes in encumbrances, warrants, or convertible securities
• ·ISIN: INE962C01035; Scrip: EASTSILK / 590022

20-03-2026

Acquirers Ronak Jain, Sarita Jain, Priyanka Jain, and K K Impex and Trading Private Limited, along with PACs Karan Jain, Karishma Rohit Jain, and Radhika Karan Jain, are launching an open offer to acquire up to 9,17,41,759 equity shares (26% of the expanded equity capital) of Asgard Alcobev Limited (formerly Banganga Paper Industries Limited) at ₹1.45 per share pursuant to SEBI (SAST) Regulations for substantial acquisition and change in control. The offer, which is unconditional with no minimum acceptance required, opens on April 6, 2026, and closes on April 20, 2026. No statutory approvals are pending, but risks include potential delays from future approvals or litigation.

• ·Public Announcement date: December 17, 2025
• ·Identified Date: March 17, 2026
• ·Last date for revising Offer Price: April 1, 2026
• ·Minimum lot size: 1 equity share
• ·Manager to the Offer: Navigant Corporate Advisors Limited (SEBI Regn: INM000012243)
• ·Registrar to the Offer: Adroit Corporate Services Private Limited (SEBI Regn: INR000002227)

20-03-2026

Polychem Limited disclosed the voting results of the postal ballot conducted via remote e-voting for the re-appointment of Mr. Parthiv T. Kilachand as Managing Director for a 3-year term effective April 1, 2026. The special resolution was passed with the requisite majority, with dissent votes at approximately 0.016%. No significant opposition was noted, and the results along with the scrutinizer's report were uploaded on the company's website and NSDL.

• ·Postal Ballot Notice date: February 9, 2026
• ·Record date: February 12, 2026
• ·Remote e-voting period: February 17, 2026 (9:00 AM IST) to March 18, 2026 (5:00 PM IST)
• ·Filing date: March 20, 2026

20-03-2026

Mr. Vikram Jayantilal Lodha, a promoter of Meghna Infracon Infrastructure Limited (formerly Naysaa Securities Ltd.), acquired 19,983 equity shares (0.0919% of shareholding) from the open market on March 20, 2026, at ₹504 per share for a total value of ₹1.01 Cr. This transaction was disclosed pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. No other changes in promoter holding or financial impacts were mentioned.

• ·Scrip Code: 538668
• ·CIN: L68100MH2007PLC17520

20-03-2026

Promoter of Rita Finance and Leasing Limited has filed a disclosure under Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, for the creation of a pledge on 7,733,614 equity shares of the company. The disclosure was submitted to BSE Limited and Metropolitan Stock Exchange of India Limited on March 20, 2026, from New Delhi.

• ·Disclosure filed from Plaza, 325, Third Floor, Agarwal Sec-14, Rohini, Delhi-110085

20-03-2026

LWS Knitwear Ltd conducted an Extra-Ordinary General Meeting (EGM) on March 20, 2026, at 10:00 AM in Ludhiana, Punjab, to consider and approve an increase in the company's authorised share capital through a Special Resolution. The meeting concluded at 10:30 AM. Results from remote e-voting, poll, and the scrutinizer’s report are awaited and will be disclosed later.

• ·Scrip Code: 531402
• ·ISIN: INE281M01013
• ·CIN: L55101PB1989PLC009315
• ·Meeting Venue: 516-518, 4th Floor, Global Star Hosiery Complex, Near Chand Cinema, G.T. Road (W), Ludhiana-141008, Punjab
• ·Contact: Phone +91-98778-15974, Email: info@lwsknitwear.com, lwsknitwear@gmail.com, Website: www.lwsknitwear.com

20-03-2026

Lyons Corporate Market Ltd. filed a Corporate Governance update on March 20, 2026, detailing the unanimous passage of resolutions with 3699 votes in favor and zero votes against or invalid. The document appears to relate to business approvals or appointments, signed by authorized signatory Babulal Patni.

• ·Filing timestamp: 2026.03.20 10:49:56+0530
• ·Referenced DIN: F002304G004093182

20-03-2026

ABRIL PAPER TECH LIMITED's Board, in its meeting on March 20, 2026, decided against executing the previously approved rent agreement for premises at Shubham Textile Hub, Surat, scrapping plans for an additional manufacturing facility there. Instead, the Board approved a new rent agreement for premises at C-8 & C-9, Shivay Campus, Kosamba, Surat, and authorized necessary constructions to establish a manufacturing facility. No financial impacts or other metrics were disclosed.

• ·Previous board approval for Shubham Textile Hub premises: November 13, 2025
• ·Shubham Textile Hub location: Block no.9, Plot no.392 to 394, Vill-Linthad, Ta-Mangrol, Dis-Surat, Gujarat
• ·New premises: C-8 & C-9, Shivay Campus, Behind Heaven Party Plot, Puna–Valthan Canal Road, Kosamba, Surat–395013, Gujarat
• ·Scrip code: 544500; ISIN: INE15MX01014; Symbol: ABRIL
• ·CIN: U17015GJ2023PLC146314
• ·Meeting timing: 04:00 P.M. to 5:15 P.M.

20-03-2026

On March 20, 2026, the Board of Directors of Ganga Papers India Ltd approved leadership changes: Mr. Ramesh Kumar Chaudhary ceased as Chairperson due to pre-occupation but continues as Non-Executive Director, and Mr. Manish Kumar was appointed as the new Chairperson (Non-Executive, Non-Independent Director). Independent Director Mr. Ratan Kumar Singh resigned due to health reasons, confirming no other material reasons.

• ·Board meeting held from 03:30 P.M. to 04:00 P.M. on March 20, 2026.
• ·Company address: 241, Village Bebedohal, Tal. Maval, Pune, Maharashtra, India - 410506.
• ·BSE Scrip Code: 531813, Scrip ID: GANGAPA.
• ·Information available on company website: https://www.gangapapers.in/

20-03-2026

Mufin Green Finance Limited disclosed the scrutinizer's report and voting results for the postal ballot on altering the Articles of Association, approved with 99.94% votes in favor (70,83,191 votes) and only 0.06% against (4,465 votes) out of 70,87,656 total valid votes polled. Voter turnout was low at 4.09% of 17.32 Cr outstanding shares, with 100% approval from promoters/promoter group and public institutions, but minimal opposition from public non-institutions. The results comply with SEBI LODR Regulation 44(3) and have been uploaded to the company's website and NSDL.

• ·Scrip Code: 542774
• ·Postal Ballot Notice date: 17 February 2026
• ·E-voting period: 18 February 2026 (9:00 A.M. IST) to 19 March 2026 (5:00 P.M. IST)
• ·Cut-off date for voting eligibility: 13 February 2026
• ·Scrutinizer Report date: 20 March 2026

20-03-2026

TeamLease Services Limited disclosed on March 20, 2026, the voting results of its postal ballot (e-voting from February 18 to March 19, 2026) approving all four resolutions on board composition changes with overwhelming majorities ranging from 97.97% to 100% assent. Key approvals include regularizing Ms. Suparna Mitra as Executive Director and appointing her as MD & CEO (97.97% assent), changing Mr. Manish Sabharwal's designation to Non-Executive Non-Independent Director (100%), and Mr. Ashok Reddy's to Executive Vice Chairman (100%). Approximately 150 members participated, casting around 14.28 million valid votes out of 29,179 members contacted.

• ·E-voting period: February 18, 2026 (9:00 AM IST) to March 19, 2026 (5:00 PM IST)
• ·Postal Ballot Notice dated February 04, 2026; emails sent February 17, 2026

20-03-2026

Dhanuka Agritech Limited disclosed postal ballot voting results on March 20, 2026, approving the appointment of Mr. Sanjiv Goel (DIN: 03616090) as an Independent Director for the first 5-year term with near-unanimous support (99.9994% votes in favor out of 86.77% turnout on outstanding shares). Promoters and public institutions voted 100% in favor, while public non-institutions showed minimal opposition (0.0006% against). The remote e-voting concluded on March 19, 2026, with the scrutinizer's report confirming passage by requisite majority.

• ·Record date: February 13, 2026
• ·Remote e-voting concluded: March 19, 2026 at 5:00 p.m. IST
• ·ISIN: INE435G01025
• ·NSE Symbol: DHANUKA, BSE Scrip Code: 507717
• ·Voting results and Scrutinizer’s Report available on www.dhanuka.com

20-03-2026

Oriental Rail Infrastructure Limited informed BSE Limited on March 20, 2026, about a Board of Directors meeting scheduled for March 27, 2026, under Regulation 29(1) of SEBI Listing Regulations. The agenda includes approval of variation in objects for utilization of funds from a prior Preferential Issue, draft notice for Postal Ballot and e-voting to seek shareholder approval on resolutions, appointment of a Scrutinizer for e-voting, and other matters with Chair's permission. No financial impacts or quantitative details were disclosed.

• ·Scrip Code: 531859
• ·Addressed to: Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001

20-03-2026

Lords Chloro Alkali Limited announced the voting results of its Extra Ordinary General Meeting (EGM) held on March 18, 2026, where all 4 resolutions passed with overwhelming approval exceeding 99.97% in favor across categories. Resolutions included re-appointment of Ajay Virmani as Managing Director for 5 years from July 12, 2026, approval of his and Madhav Dhir's remuneration, and increase in managerial remuneration limits; turnout was 63.74% of 25,153,861 total shares. Minimal opposition (0.0022% or 348 votes against most resolutions) indicates strong shareholder support, though Resolution 3 excluded 6,001,420 promoter shares due to interest.

• ·Record date: March 11, 2026
• ·EGM held at SP-460, Matsya Industrial Area, Alwar, Rajasthan-301030
• ·Remote e-voting period: March 14-17, 2026
• ·42 public shareholders present in person or proxy; none via video conferencing
• ·Scrutinizer: Awanish Dwivedi & Associates

20-03-2026

Promoters Kush Sureshbhai Patel and Kashyap Sureshbhai Patel created a pledge on 20,33,898 equity shares (24.40% of total share capital of 83,38,000 shares and 33.40% of their total promoter holding of 60,91,800 shares or 73.06%), with 10,16,949 shares each, in favor of Shree Kamdhenu Financial Services Private Limited on March 19, 2026, to secure a ₹7 Cr loan at a security cover of 1.85:1 (value ₹13.02 Cr). The loan proceeds are utilized by Rudra Gas Enterprise Limited for acquiring shares in another company in a similar vertical, providing potential strategic benefit but introducing invocation risk on a significant portion of promoter shares. Disclosure filed on March 20, 2026, per SEBI (SAST) Regulations.

• ·Pledge created on 19.03.2026; disclosure on 20.03.2026
• ·Encumbrance exceeds 20% of total share capital but less than 50% of promoter holding
• ·Pledgee is Shree Kamdhenu Financial Services Private Limited (NBFC status not specified as scheduled bank/public FI/HFC)

20-03-2026

Timex Group India Limited's Board approved an interim dividend payment of ₹3.08 Cr on 2.29 Cr 13.88% Cumulative Redeemable Non-Convertible Preference Shares (unlisted) at ₹1.388 per ₹10 share for April 1, 2025 to March 20, 2026, payable within 30 days. The Board also approved the redemption of these 2.29 Cr shares, due on March 20, 2026. No other comparative financial metrics or performance declines were disclosed.

• ·Board meeting held on March 20, 2026, commenced at 4:00 P.M.
• ·Scrip Code: 500414
• ·CIN: L33301DL1988PLC033434

20-03-2026

Cholamandalam Investment and Finance Company Limited allotted 200,000 secured non-convertible debentures via private placement on NSE EBP for a total amount of ₹2,000 Cr (including ₹1,000 Cr green shoe option). The 3-year tenure securities (maturing March 20, 2029) carry a 7.94% annual coupon rate, payable annually and on maturity, and are listed on NSE's WDM segment with 1x security coverage. No delays, defaults, or special rights/privileges were reported.

• ·Tenure: 1096 days (3 years)
• ·Coupon payment dates: Annually on March 20 and maturity on March 20, 2029
• ·Security coverage: 1x
• ·No special rights/interest/privileges
• ·No delays in interest/principal payments or defaults