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India Stock Market Daily Regulatory Digest — March 25, 2026

Daily India Market Intelligence

2 high priority47 medium priority1 low priority50 total filings analysed

Executive Summary

Across 50 filings for March 25, 2026, the dominant theme is pre-Q4/FY earnings caution with 20+ companies (e.g., H.S. India, Pan India, Nandan Denim, Suryoday Bank) announcing trading window closures from April 1 until 48 hours post-results, signaling standardized compliance ahead of board meetings in April-May. Positive corporate actions include acquisitions consolidating control (Kajaria Ceramics to 100% in subsidiary with FY25 turnover ₹109.97 Cr +PAT ₹1.09 Cr; Hamps Bio ₹2.04 Cr for WOS) and promoter buys (Rain Industries +0.12% stake to 41.31%; Paramount promoters +24k shares). Governance approvals passed unanimously (Ashiana Ispat 100% EGM votes; Axita Cotton 99.98% postal ballot), while debt redemptions (Himadri ₹200 Cr CP early; Time Technoplast CP timely) indicate liquidity strength. Limited period data shows mixed infra trends (Ashoka sub Viva Infra +22% YoY turnover to ₹872L FY25 but -29% prior year, deeply negative net worth). SAST disclosures (10+ filings) flag stake shifts without details, and open offers (Swarnsarita 23% at ₹32.15; LCC Infotech 26% at ₹4.55) offer M&A catalysts in April. Overall, neutral-to-positive tone with low materiality routine items, but watch for results-driven volatility and promoter conviction signals.

Tracking the trend? Catch up on the prior India Stock Market Daily Regulatory Digest digest from March 24, 2026.

Investment Signals(12)

  • Acquired 10% stake for ₹1.16 Cr making Kajaria Surfaces WOS (FY25 turnover ₹109.97 Cr from nil FY24, PAT ₹1.09 Cr), related party at arm's length

  • Promoter Nivee Holdings bought 400k shares (0.12% stake) on open market Mar 24, group holding +0.12% to 41.31%, no encumbrances

  • Hamps Bio(BULLISH)

    Completed 100% acquisition of HSDL Innovative for ₹2.04 Cr cash Mar 25, creating new WOS post-Feb announcement

  • Full ₹200 Cr CP redemption 1 day early Mar 25 (vs maturity Mar 26), signaling strong liquidity

  • Timely full CP repayment Mar 25 (ISIN INE508G14HZ6), compliant with SEBI, post Feb record date

  • EGM Mar 25 approved all 6 resolutions unanimously (100% favor, 55% turnout), incl. director appointments and RPTs

  • Postal ballot results Mar 25 showed 99.98% approval for MoA changes and doc charges (promoters 100% turnout/favor)

  • Promoters Sanjay/Sandeep Aggarwal bought 24,724 shares Mar 23 (₹8.23L total), group holding +0.02% to 49.18% voting

  • Allotted ₹4 Cr shares in sub Viva Infra Mar 25 via rights, maintaining 100% ownership; sub turnover +22% YoY FY25 to ₹872L

  • Coal India(BULLISH)

    Filed prospectus Mar 24 for CMPDIL IPO (OFS up to 107.1M shares ₹2 FV), post RHP Mar 12

  • Trading suspended amid liquidation but trading window closed pre-results; high materiality signals distress

  • BSE fine ₹88.5k for late Q3 results filing (paid Mar 24), compliance lapse

Risk Flags(8)

Opportunities(9)

Sector Themes(6)

  • Pre-Earnings Blackout Wave

    20+ firms (e.g., Nandan Denim, Steelcast, Suryoday Bank) closed windows Apr 1 to post-Q4/FY26 results (~Apr-May boards), standard but flags results volatility across sectors [IMPLICATION: Position pre Apr 1]

  • Promoter Stake Tweaks Industrials/Chemicals

    Buys in Rain Industries (+0.12%), Paramount (+small), sells Getalong (-0.09%); SAST in Kavveri Defence, Adani Energy signal conviction/diversification [IMPLICATION: Monitor for patterns in infra/defence]

  • Debt Redemption Strength Chemicals

    Himadri ₹200 Cr early, Time Technoplast timely; no delays vs peers, contrasts C&C suspension [IMPLICATION: Liquidity edge for chemicals amid results]

  • Governance Approvals High Turnout

    Unanimous EGMs/postal (Ashiana 100%, Axita 99.98%, promoters 100% favor), low public turnout but no opposition [IMPLICATION: Stable control, low activism risk]

  • M&A Consolidation Midcaps

    Kajaria/Hamps to 100% subs, Ashoka rights allotment; SAST 10+ filings lack details but point to stake builds [IMPLICATION: Watch valuations in infra/tiles/bio]

  • Open Offers Control Shifts

    Swarnsarita (23% ₹32/share), LCC Infotech (26% ₹4.55/share) Apr launches, voluntary/unconditional [IMPLICATION: Tender arb plays Apr 6-20]

Watch List(8)

Filing Analyses(50)
SGL RESOURCES LIMITEDRegulatory Actionnegativemateriality 3/10

25-03-2026

SGL Resources Limited received a fine of ₹88,500 (including GST) from BSE Limited on March 17, 2026, for non-compliance with SEBI Regulation 33 due to late filing of unaudited financial results for the quarter ended December 31, 2025. The company paid the fine on March 24, 2026, after filing the results on March 3, 2026, and plans to seek a waiver to avoid further penalties. This incident highlights a compliance lapse with no other financial impact reported.

  • ·Script Code: 526544; ISIN: INE967B01028
  • ·CIN: L62013GJ1992PLC017073
  • ·Results approved by Board on March 3, 2026
  • ·Payment made to avoid further penal consequences
Kajaria Ceramics LimitedMerger/Acquisitionpositivemateriality 8/10

25-03-2026

Kajaria Ceramics Limited completed the acquisition of an additional 9,50,000 equity shares (10% stake) in Kajaria Surfaces Private Limited for ₹1.16 Cr on March 24, 2026, increasing its ownership from 90% to 100% and making Kajaria Surfaces a wholly-owned subsidiary. The target entity, a tile manufacturer incorporated on December 11, 2023, reported turnover of ₹109.97 Cr and profit after tax of ₹1.09 Cr for FY 2024-25, with nil turnover in FY 2023-24 due to its recent incorporation. The transaction was a related party deal conducted at arm's length with prior Audit Committee approval.

  • ·Kajaria Surfaces incorporated on December 11, 2023
  • ·Previous disclosure letter dated January 30, 2026
  • ·Related party transaction involving shareholders including a director of Kajaria Infinity Private Limited
  • ·No governmental or regulatory approvals required
H.S.India Ltd.Insider Trading Disclosureneutralmateriality 4/10

25-03-2026

H.S. India Ltd. (scrip code 532145) has intimated the closure of the trading window for all designated persons and their immediate relatives, effective from April 1, 2026, until 48 hours after the declaration of audited financial results for the quarter and financial year ended March 31, 2026. The company confirms compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, including the SEBI circular dated July 19, 2023, on freezing PAN at security level for designated persons. The board meeting date for approving these results will be announced separately.

  • ·Company Scrip Code: 532145
  • ·SEBI circular reference: SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 dated July 19, 2023
Pan India Corporation LtdInsider Trading Disclosureneutralmateriality 3/10

25-03-2026

Pan India Corporation Ltd announced the closure of its trading window from April 1, 2026, until 48 hours after the declaration of financial results for the quarter and year ended March 31, 2026, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015. The date of the Board Meeting for consideration of these results will be intimated in due course. This is a standard compliance disclosure with no financial metrics reported.

  • ·Scrip Code: 511525
  • ·DIN: 01379220
  • ·Addressed to: Manager (Listing), BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, Maharashtra-400001
Nandan Denim LimitedInsider Trading Disclosureneutralmateriality 4/10

25-03-2026

Nandan Denim Limited has intimated the closure of the trading window for Designated Persons, Connected Persons, and their relatives from April 1, 2026, until 48 hours after the declaration of audited financial results for Q4 and FY ending March 31, 2026. The board meeting date to approve these results will be announced in due course. This is a standard compliance measure ahead of financial results disclosure with no performance metrics indicated.

  • ·Scrip Code: 532641
  • ·Scrip Symbol: NDL
  • ·CIN: L51909GJ1994PLC022719
  • ·DIN: 09004587
Privi Speciality Chemicals LimitedAnalyst/Investor Meetneutralmateriality 3/10

25-03-2026

Privi Speciality Chemicals Limited has intimated the stock exchanges about a scheduled virtual group meeting with analysts and institutional investors on March 31, 2026, at 3:30 pm onwards. The discussions will be based solely on publicly available documents, with no unpublished price sensitive information (UPSI) to be shared. Changes to the schedule may occur due to exigencies from participants or the company.

  • ·Scrip Code: 530117 (BSE), Symbol: PRIVISCL (NSE)
  • ·Intimation pursuant to Regulation 30(6) of SEBI (LODR) Regulations, 2015
Kavveri Defence & Wireless Technologies LimitedMerger/Acquisitionneutralmateriality 3/10

25-03-2026

BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for Kavveri Defence & Wireless Technologies Ltd (scrip: 590041) pertaining to Chenna Reddy Sanketh Ram Reddy. No details on acquisition size, shareholding changes, transaction value, or parties beyond the discloser are provided in the filing. This is a standard regulatory compliance notice with no quantitative metrics or financial impacts disclosed.

Adani Energy Solutions LimitedMerger/Acquisitionneutralmateriality 4/10

25-03-2026

Adani Energy Solutions Ltd (BSE: 539254) has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received from Gelt Bery and Investment Ltd & Others. This indicates an intention to acquire shares in the company that may result in crossing substantial shareholding thresholds. No quantitative details such as share count, percentage stake, deal value, or timeline were disclosed in the filing.

Ashiana Ispat LimitedCorporate Governancepositivemateriality 8/10

25-03-2026

Ashiana Ispat Limited held an EGM on March 25, 2026, where all six resolutions were approved unanimously with 100% votes in favor from participating shareholders. Resolutions included appointing Tarun Jain, Vicky Jain, Sarita Jain, and Naresh Chand as Directors/Managing Director, removing Ms. Darshan as Director, and approving related party transactions; voting participation was 55.51% of 7,964,800 outstanding shares for most resolutions but dropped to 26.77% for RPT after invalidating related party votes. No opposition votes were recorded across all resolutions.

  • ·Cut-off date for voting: March 18, 2026
  • ·Remote e-voting period: March 22, 2026 (09:00 AM) to March 24, 2026 (05:00 PM)
  • ·EGM held via VC/OAVM at 01:00 PM IST on March 25, 2026
  • ·Notice dispatched electronically to 3,663 shareholders on March 24, 2026
Himadri Speciality Chemical LimitedDebt Securitiespositivemateriality 6/10

25-03-2026

Himadri Speciality Chemical Ltd certified the full and timely redemption of Commercial Paper (Scrip Code: 730868, ISIN: INE019C14664) amounting to ₹200 Cr on March 25, 2026, one day ahead of its maturity date of March 26, 2026. The repayment was made in accordance with issuance terms and SEBI Master Circular dated October 15, 2025. This disclosure fulfills regulatory requirements to BSE Limited.

  • ·Record date reference: HSCL / Stock-Ex/2025-26/138 dated 09/02/2026
  • ·Company website: www.himadri.com
Ashoka Buildcon LimitedMerger/Acquisitionmixedmateriality 6/10

25-03-2026

Ashoka Buildcon Limited was allotted 40,02,250 equity shares of ₹10 each, aggregating ₹4 Crore, by its wholly-owned subsidiary Viva Infrastructure Limited (VIL) via rights issue on March 25, 2026, increasing its total holding to 121,06,750 shares while maintaining 100% ownership. VIL's turnover improved 22% YoY to ₹872.21 Lakh in FY25 from ₹714.38 Lakh in FY24, with net worth marginally improving (less negative) by 7% to ₹(9,606.89) Lakh; however, turnover declined 29% in FY24 from FY23's ₹1,006.71 Lakh, and net worth has remained deeply negative across years.

  • ·VIL incorporated on January 28, 2002, in Pune, India.
  • ·VIL operates in infrastructure development (roads, highways, etc.) and renewable energy generation.
Coal India LimitedIPO Listingneutralmateriality 8/10

25-03-2026

Coal India Limited has disclosed under Regulation 30 of SEBI LODR the filing of the Prospectus dated March 24, 2026, for the IPO of its wholly-owned subsidiary Central Mine Planning & Design Institute Limited (CMPDIL), comprising an Offer for Sale of up to 107,100,000 equity shares of face value ₹2 each. This follows the Red Herring Prospectus filed on March 12, 2026, and a prior disclosure on March 13, 2026. The prospectus was submitted to the Registrar of Companies, Jharkhand at Ranchi on March 25, 2026.

  • ·ISIN: INE522F01014
  • ·Scrip Code: 533278
  • ·Prospectus filed with Registrar of Companies, Jharkhand at Ranchi
Siyaram Silk Mills LimitedMerger/Acquisitionneutralmateriality 4/10

25-03-2026

Siyaram Silk Mills Ltd (BSE: 503811) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by the Exchange, pertaining to Abhishek Poddar. This filing indicates a reportable acquisition or change in shareholding by Abhishek Poddar that crosses specified thresholds under SAST. No additional details such as transaction value, share count, percentage stake, or strategic rationale are provided in the filing.

India Pesticides LimitedMerger/Acquisitionneutralmateriality 5/10

25-03-2026

India Pesticides Ltd (BSE: 543311) has disclosed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, a filing received by BSE pertaining to Satya Prakash Gupta. This indicates an intention by Satya Prakash Gupta to acquire shares or effect a change in shareholding that triggers the SAST threshold (typically 5% acquisition or 2% change). No quantitative details such as share count, percentage changes, deal value, or shareholding patterns are provided in the filing.

De Nora India LimitedCorporate Governanceneutralmateriality 7/10

25-03-2026

De Nora India Limited issued a Postal Ballot Notice dated March 17, 2026, seeking shareholder approval via remote e-voting for material related party transactions with Industrie De Nora S.p.A., Italy, aggregating up to ₹2,080 Lakhs (₹20.80 Cr) for FY 2026-27, to be conducted on an arm's length basis. The e-voting period runs from April 1, 2026 (9:00 AM IST) to April 30, 2026 (5:00 PM IST), with results due by May 2, 2026. No financial performance data or comparisons are provided in the filing.

  • ·Cut-off date for e-voting eligibility: Friday, March 20, 2026
  • ·Filing intimation date to stock exchanges: March 25, 2026
  • ·Registered Office: Plot Nos. 184, 185 & 189, Kundaim Industrial Estate, Kundaim, Goa-403115
  • ·CIN: L31200GA1993PLC001335
  • ·Scrip Code NSE: DENORA; BSE: 590031
Shree Rajasthan Syntex Ltd.Insider Trading Disclosureneutralmateriality 3/10

25-03-2026

Shree Rajasthan Syntex Ltd. has intimated the Bombay Stock Exchange of the closure of its trading window for Directors, Officers, Designated Employees, and their immediate relatives, effective from April 1, 2026, until 48 hours after the declaration of audited financial results for the quarter and year ended March 31, 2026. This is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and related BSE circulars. The date of the financial results declaration will be intimated separately.

  • ·Company CIN: L24302RJ1979PLC001948
  • ·Scrip Code: 503837
  • ·Signed at Dungarpur, Rajasthan on March 25, 2026
Sundram Fasteners LimitedCorporate Governanceneutralmateriality 6/10

25-03-2026

Sundram Fasteners Limited has issued a notice dated March 25, 2026, for its 17th Postal Ballot seeking shareholder approval via special resolution for the re-appointment of Sri Suresh Krishna (DIN: 00046919) as Non-Executive Director and Chairman for a further 5-year term from July 1, 2026, to June 30, 2031. The board approved this on January 28, 2026, citing his significant contributions and expertise, with remuneration not exceeding 50% of total Non-Executive Directors' pay. Remote e-voting opens March 26, 2026 (9:00 a.m. IST) and closes April 24, 2026 (5:00 p.m. IST), with results by April 28, 2026.

  • ·Cut-off date for voting eligibility: March 20, 2026
  • ·Previous term: July 1, 2021, to June 30, 2026 (approved via postal ballot on March 16, 2021)
  • ·Board recommendation meetings: Nomination and Remuneration Committee/Audit Committee (date not specified), Board on February 4, 2021 (prior), and January 28, 2026 (current)
  • ·Special resolution requires three-fourths majority of votes cast
  • ·Sri Suresh Krishna not subject to retirement by rotation per Article 73 of Articles of Association
Schaeffler India LimitedCorporate Governanceneutralmateriality 4/10

25-03-2026

Schaeffler India Limited disclosed a shareholder communication urging updates to KYC, PAN, bank details, and nomination via Forms ISR-1, ISR-2, ISR-3, SH-13, SH-14 in compliance with SEBI's November 18, 2025 amendment mandating electronic payments only, with no physical warrants or cheques. Shareholders are advised to claim unpaid dividends to prevent transfer to IEPF after 7 years and utilize the SEBI special window from February 5, 2026, to February 4, 2027, for dematerializing physical shares traded before April 1, 2019. Documents should be submitted to RTA MUFG Intime India Private Limited.

  • ·SEBI notification dated November 18, 2025 amending Regulation 12 of LODR.
  • ·SEBI circular dated January 30, 2026 opening special window.
  • ·IEPF transfer after 7 years per Section 124(5) of Companies Act, 2013.
  • ·Claim from IEPF via Form IEPF-5 on Ministry of Corporate Affairs website.
  • ·RTA address: “Geetakunj”, 1 Bhakti Nagar Society, Behind ABS Tower, Old Padra road, Vadodara – 390 015 Gujarat.
  • ·KYC formats available at https://in.mpms.mufg.com → Resources→ Downloads→ KYC→ Formats for KYC.
Paramount Communications LimitedMerger/Acquisitionneutralmateriality 3/10

25-03-2026

Promoters Sanjay Aggarwal and Sandeep Aggarwal, part of the promoter group with PACs including family members and entities like Paramount Telecables Limited and Hertz Electricals (International) Private Limited, purchased 4,724 and 20,000 equity shares respectively on March 23, 2026, via open market on NSE, for values of ₹1.58 L and ₹6.65 L. The group's total holding rose slightly from 15,00,87,957 shares to 15,01,12,681 shares, but the voting stake remained flat at 49.18%. Total equity share capital is unchanged at 30,52,09,814 shares of ₹2 each, aggregating ₹61.04 Cr.

  • ·ISIN: INE074B01023
  • ·Scrip Code: 530555 (BSE), Symbol: PARACABLES (NSE)
  • ·CIN: L74899DL1994PLC061295
  • ·Disclosures filed on March 25, 2026 under SEBI (Substantial Acquisition of Shares and Takeovers) Reg 29(2) and SEBI (Prohibition of Insider Trading) Reg 7(2)
Time Technoplast LimitedDebt Securitiespositivemateriality 3/10

25-03-2026

Time Technoplast Limited certified the timely and full repayment of its Commercial Paper (ISIN: INE508G14HZ6, Scrip Code: 730317) maturing on March 25, 2026, with repayment executed on the same date. This follows their earlier intimation on February 20, 2026, setting March 24, 2026 as the Record Date, in compliance with SEBI guidelines. No delays or issues were reported.

  • ·ISIN: INE508G14HZ6
  • ·Scrip Code: 730317
  • ·Record Date: March 24, 2026
  • ·Previous intimation date: February 20, 2026
  • ·CIN: L27203DD1989PLC003240
Suryoday Small Finance Bank LimitedInsider Trading Disclosureneutralmateriality 3/10

25-03-2026

Suryoday Small Finance Bank Limited has closed its trading window for Designated Persons (including immediate relatives) and connected persons from April 01, 2026, until 48 hours after the announcement of Audited Financial Results for Q4 and FY ending March 31, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The Board meeting date for approving these results will be intimated separately. This is a standard pre-earnings blackout period with no other financial or operational updates provided.

  • ·Trading window closure effective from April 01, 2026
  • ·Results pertain to Quarter (Q-4) and financial year ending March 31, 2026
Bcl Industries LimitedMerger/Acquisitionneutralmateriality 3/10

25-03-2026

BCL Industries Ltd (BSE: 524332) has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, received by BSE, pertaining to Rajinder Mittal. This filing indicates an intention to acquire shares crossing substantial acquisition thresholds. No specific details on deal size, shareholding changes, valuation, or transaction structure are disclosed.

P.G.Foils Ltd.Merger/Acquisitionneutralmateriality 3/10

25-03-2026

PG Foils Ltd (BSE: 526747) has made a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertaining to Foils India Laminates Pvt Ltd. This indicates an intention to acquire or consolidate a substantial stake (crossing 5% threshold) in the target entity. No details on deal structure, valuation, stake size, consideration, or strategic rationale are provided.

Rain Industries LimitedMerger/Acquisitionpositivemateriality 4/10

25-03-2026

Nivee Holdings Private Limited, a promoter group entity of Rain Industries Limited, acquired 4,00,000 equity shares (0.1189% stake) from the open market on March 24, 2026, increasing its holding from 81,43,250 shares (2.42%) to 85,43,250 shares (2.54%). This resulted in the aggregate promoter/promoter group shareholding rising marginally from 41.19% to 41.31%. No declines or encumbrances were reported in the disclosure under SEBI Regulation 29(2).

  • ·Scrip codes: 500339 (BSE), RAIN (NSE)
  • ·Total equity share capital unchanged at 33,63,45,679 shares of ₹2/- each
  • ·No shares encumbered, warrants, or other instruments held by acquirer
  • ·Disclosure filed March 25, 2026
C & C Constructions LtdInsider Trading Disclosurenegativemateriality 9/10

25-03-2026

C & C Constructions Ltd announced closure of the trading window under SEBI (Prohibition of Insider Trading) Regulations, 2015, for designated persons, insiders, promoters, directors, and employees from April 1, 2026, until 48 hours after declaration of audited financial results for the quarter and FY ended March 31, 2026. Trading in the company's shares remains suspended by NSE and BSE due to ongoing liquidation proceedings. The board meeting for approving these results will be intimated to exchanges in due course.

  • ·Scrip Code: 532813, Symbol: CANDC, ISIN: INE874H01015
  • ·CIN: L45201DL1996PLC080401
  • ·Company website: www.candcinfrastructure.com
Steelcast LimitedInsider Trading Disclosureneutralmateriality 3/10

25-03-2026

Steelcast Limited has announced the closure of its Trading Window for Designated Persons and their Immediate Relatives from April 01, 2026, until 48 hours after the declaration of Audited Financial Results for the quarter and year ended March 31, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. The date of the Board Meeting to approve these results will be intimated separately. This is a standard pre-earnings restriction with no financial data disclosed.

  • ·Stock Code: 513517
  • ·Stock Symbol: STEELCAS
  • ·Filing Date: March 25, 2026
Getalong Enterprise LimitedInsider Trading Disclosureneutralmateriality 3/10

25-03-2026

Promoter Westpac Investments Limited sold 20,000 equity shares of Getalong Enterprise Limited on March 25, 2026, at ₹4.33 per share, totaling ₹86,600 via open market transaction. This reduced the promoter's holding from 80,90,000 shares (38.23%) to 80,70,000 shares (38.14%), a decline of 0.09%. The disclosures were made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 29(2) and SEBI (Prohibition of Insider Trading) Regulations 7(2).

  • ·Script Code: 543372
  • ·ISIN: INEOH1201020
  • ·Getalong Enterprise CIN: L93000MH2020PLC342847
  • ·Westpac Investments CIN: U67190MH1995PLC089745
Axita Cotton LimitedCorporate Governancepositivemateriality 6/10

25-03-2026

Axita Cotton Limited submitted the voting results of its Postal Ballot via e-voting, where all three resolutions were overwhelmingly approved: two special resolutions for addition/alteration in the Main Object Clause and adoption of a new Memorandum of Association (99.976-99.98% in favor), and one ordinary resolution to authorize charging for document services under Section 20 (99.971% in favor). Promoters (160.38 million shares) voted 100% in favor with full turnout, while public non-institutions (turnout of just 0.22%) approved at 89-91% but had minor opposition (8-11%). Overall turnout was 42% of 382.50 million outstanding shares.

  • ·E-voting period: February 22, 2026 (9:00 AM IST) to March 23, 2026 (5:00 PM IST)
  • ·Record date (cut-off): February 13, 2026
  • ·Scrutinizer appointed by Board on: February 16, 2026
  • ·Postal Ballot Notice issued: February 20, 2026
  • ·No invalid votes recorded
  • ·Votes against: 37,673 (Res 1), 38,613 (Res 2), 46,964 (Res 3)
Endurance Technologies LimitedCorporate Governanceneutralmateriality 5/10

25-03-2026

Endurance Technologies Limited announced a Board Meeting scheduled for May 14, 2026, to approve audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026, and recommend dividend for FY 2025-26. The trading window for dealing in company securities will remain closed from April 1, 2026, to May 16, 2026, in compliance with SEBI regulations and the company's PIT Code.

  • ·BSE Code: 540153
  • ·NSE Code: ENDURANCE
  • ·CIN No.: L34102MH1999PLC123296
  • ·Meeting reference: Regulation 29 of SEBI (LODR) Regulations, 2015
JMJ Fintech LimitedCorporate Governanceneutralmateriality 4/10

25-03-2026

JMJ Fintech Limited's Board of Directors, in a meeting held on March 25, 2026 (4:00 PM to 4:15 PM), approved opening a bank account with South India Bank for digital loan disbursement, noted shareholder approval received via postal ballot on March 20, 2026, discussed details of a loan to JMJ Finance Limited, approved an investment of ₹1 Lakh in securities of other companies, and authorized registration with CERSAI. No financial performance metrics or period comparisons were discussed.

  • ·Scrip Code: BSE: 538834
  • ·CIN: L51102TZ1982PLC029253
  • ·Board meeting reference: Regulation 30 of SEBI (LODR) Regulations, 2015
Swasti Vinayaka Art And Heritage Corporation LtdInsider Trading Disclosureneutralmateriality 3/10

25-03-2026

Swasti Vinayaka Art And Heritage Corporation Ltd has closed the trading window for Designated Persons and their Immediate Relatives from April 1, 2026, until 48 hours after the declaration of Audited Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The Board Meeting date to approve these results will be intimated to the stock exchange separately. This is a standard procedural notice with no financial data disclosed.

  • ·BSE Scrip Code: 512257
  • ·CIN No.: L51900MH1985PLC036536
  • ·Registered Office: 303, Tantia Jogani Industrial Estate, J. R. Boricha Marg, Lower Parel, Mumbai 400 011
  • ·Website: www.swastivinayakaart.co.in
  • ·Email: svartinvestors@svgcl.com
Ashirwad Capital Ltd.Insider Trading Disclosureneutralmateriality 3/10

25-03-2026

Ashirwad Capital Ltd. has closed the trading window for Designated Persons and their Immediate Relatives from April 1, 2026, until 48 hours after the declaration of audited financial results for the quarter and financial year ended March 31, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The Board Meeting date for approving these results will be intimated to the stock exchange separately. This is a standard procedural intimation with no financial data disclosed.

  • ·BSE Scrip Code: 512247
  • ·DIN: 00164182
Gravity India Ltd-$Corporate Governanceneutralmateriality 7/10

25-03-2026

Gravity (India) Limited announced a Rights Issue Committee meeting scheduled for April 1, 2026, to determine the issue price, rights entitlement ratio, record date, and other terms of a previously Board-approved Rights Issue of fully paid-up equity shares (face value ₹10 each) aggregating up to ₹70 Cr. This follows a Board meeting on February 25, 2026, with an earlier intimation reissued due to prior approval issues. The trading window for designated persons and relatives has been closed from March 25, 2026, until 48 hours after the committee meeting.

  • ·ISIN: INE995A01013; Scrip Code: 532015; Symbol: GRAVITY
  • ·CIN: L62099MH1987PLC042899
  • ·Compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Regulation 29(1)(d) of SEBI Listing Regulations
Containerway International LimitedCorporate Governanceneutralmateriality 6/10

25-03-2026

On March 25, 2026, the Board of Indus Aluminium Recyclers Limited (formerly Containerway International Limited) approved the appointment of Mr. Pankeet Pankajkumar Aundhiya as Additional Independent Non-Executive Director for 5 years, Mr. Kunal Arora as Additional Non-Executive Director and CFO/KMP, and Mr. Vansh Arora as Additional Non-Executive Director, all effective immediately subject to shareholder approval. Concurrently, Mr. Sanjay Vimalchand Deora resigned as Non-Executive Director and CFO/KMP effective close of business on the same date due to pre-occupation and personal commitments. These changes comply with SEBI LODR Regulation 30, with no disclosed relationships to promoters and new appointees not debarred by SEBI.

  • ·Board meeting held on March 25, 2026, from 03:30 P.M. to 04:00 P.M.
  • ·New appointees confirmed not related to promoters and not debarred by SEBI.
  • ·Mr. Pankeet Pankajkumar Aundhiya: B.A. LLB, LLM, advocate with over 10 years experience.
  • ·Mr. Kunal Arora: BBA, experience in trading and manufacturing in aluminium wire industry.
  • ·Mr. Vansh Arora: experience in polymers and metal wire manufacturing industry.
Ceigall India LimitedInsider Trading Disclosureneutralmateriality 3/10

25-03-2026

Ceigall India Limited announced the closure of its trading window for dealing in company securities, effective from April 01, 2026, until 48 hours after the declaration of audited financial results for the quarter and year ended March 31, 2026. The date of the board meeting for approving these results will be intimated separately. PANs of directors, promoters, promoter group, designated persons, and their immediate relatives will be frozen by National Securities Depository Limited during this period.

  • ·Trading window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • ·References SEBI circulars: SEBI/HO/ISD/ISD-PoD-2/P/CIR/2025/55 dated April 21, 2025 and SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/12 dated July 19, 2023
  • ·Company website: www.ceigall.com
  • ·Stock details: Symbol CEIGALL (NSE), Scrip Code 544223 (BSE), ISIN INE0AG901020
IIFL Capital Services LimitedCorporate Governanceneutralmateriality 8/10

25-03-2026

IIFL Capital Services Limited (formerly IIFL Securities Limited) has disclosed a Postal Ballot Notice under Regulation 30 of SEBI Listing Regulations, seeking shareholder approval via remote e-voting for two special resolutions approved by the Board on March 24, 2026: increasing aggregate borrowing limits to ₹7,000 Cr under Section 180(1)(c) and authorizing mortgages/charges on assets up to ₹7,000 Cr under Section 180(1)(a) of the Companies Act, 2013, superseding prior resolutions. The e-voting period commences March 26, 2026, at 9:00 a.m. IST and ends April 24, 2026, at 5:00 p.m. IST, with cut-off date March 20, 2026. Results will be declared within two working days post-voting closure.

  • ·Cut-off date for voting eligibility: March 20, 2026
  • ·Board meeting date approving resolutions: March 24, 2026
  • ·Filing date: March 25, 2026
  • ·Notice available on company website www.iiflcapital.com, BSE (www.bseindia.com), NSE (www.nseindia.com), and CDSL (www.evotingindia.com)
Railtel Corporation Of India LimitedAnalyst/Investor Meetneutralmateriality 2/10

25-03-2026

RailTel Corporation of India Limited informed stock exchanges via letter dated March 25, 2026, about a Non-Deal Roadshow (NDR) in Mumbai on March 30, 2026, organized by M/s. P L Capital, featuring one-on-one management meetings with investors. No Unpublished Price Sensitive Information (UPSI) is proposed to be shared. This continues from their prior letter dated March 23, 2026.

  • ·Scrip Symbol: RAILTEL
  • ·Scrip Code: 543265
B. P. Capital LtdCorporate Governanceneutralmateriality 4/10

25-03-2026

B. P. Capital Limited has issued a notice for an Extra-Ordinary General Meeting (EGM) on April 20, 2026, at 10:00 A.M. to appoint Mr. Faizal Bavaraparambil Abdul Khader (DIN: 07729191) as a Director, following his appointment as Additional Director on January 21, 2026. The EGM includes provisions for proxy voting (limited to 50 members or 10% of share capital) and remote e-voting from April 17 to 19, 2026, with a cut-off date of April 13, 2026. No financial metrics or performance data are disclosed in the filing.

  • ·EGM venue: Plot No. 138, Roz-Ka-Meo Industrial Area, Sohna, Mewat, Haryana-122103
  • ·Company CIN: L74899HR1994PLC072042
  • ·Notice signed on March 20, 2026
  • ·Filing disclosed on March 25, 2026
  • ·Proxy forms to be deposited 48 hours before EGM
HAMPS BIO LIMITEDMerger/Acquisitionpositivemateriality 7/10

25-03-2026

Hamps Bio Limited completed the acquisition of 100% paid-up equity share capital of HSDL Innovative Private Limited for a cash purchase consideration of ₹2.04 Cr, making it a Wholly Owned Subsidiary effective March 25, 2026. This follows the initial announcement on February 14, 2026, in compliance with SEBI Listing Regulations. No prior financial metrics or comparative performance data are disclosed in the filing.

  • ·Scrip Code: 544312
  • ·Target Company CIN: U15136GJ2017PTC095843
  • ·Company website: www.hampsbio.com
  • ·Disclosure under Regulation 30 and Schedule III of SEBI Listing Regulations
Capacit'e Infraprojects LimitedCorporate Governanceneutralmateriality 5/10

25-03-2026

Capacit'e Infraprojects Limited's Board approved the appointment of Mr. Chilakamarri Lakshmi Narasimha Charyulu (DIN: 09376516) as Additional Independent Director for 3 years, effective March 25, 2026, subject to shareholder approval via special resolution. The 60-year-old appointee has over 34 years of experience at State Bank of India in corporate credit, risk assessment, and international banking. He meets independence criteria, is not related to other directors, and is not debarred by SEBI.

  • ·Board meeting held on March 25, 2026, from 3:30 PM to 4:10 PM IST.
  • ·Appointment subject to special resolution approval within three months or next General Meeting, whichever is earlier.
  • ·Mr. Charyulu not debarred from holding office of director by SEBI or any authority.
Rain Industries LimitedInsider Trading Disclosurepositivemateriality 5/10

25-03-2026

Nivee Holdings Private Limited, a promoter of Rain Industries Limited, acquired 400,000 equity shares representing 0.1189% stake on March 24, 2026, from the open market on NSE, increasing its holding from 8,143,250 shares (2.42%) to 8,543,250 shares (2.54%). The disclosure was filed on March 25, 2026, under SEBI (Prohibition of Insider Trading) Regulations, 2015. No trading in derivatives was reported.

  • ·ISIN: INE855B01025
  • ·Scrip Code: 500339 (BSE) & RAIN (NSE)
  • ·PAN of Nivee Holdings: AAACN6996P
  • ·CIN of Nivee Holdings: U65921TG1995PTC022541
  • ·No details of trading in derivatives
GKB Ophthalmics Ltd.Insider Trading Disclosureneutralmateriality 3/10

25-03-2026

GKB Ophthalmics Ltd. announced the closure of its trading window from April 1, 2026, until 48 hours after the declaration of audited financial results for the quarter and financial year ended March 31, 2026, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015. This restriction applies to Promoters, Directors, Designated Persons, and their immediate relatives, prohibiting any share transactions during this period. The Board Meeting date for considering these results will be intimated separately.

  • ·Scrip Code: 533212
  • ·CIN: L26109GA1981PLC000469
  • ·Company Address: 16-A, Verna Industrial Estate, Goa 403 726 (India)
Bansal Roofing Products LimitedCorporate Governanceneutralmateriality 5/10

25-03-2026

Bansal Roofing Products Limited conducted an Extra Ordinary General Meeting (EGM) on March 25, 2026, at its registered office in Vadodara, Gujarat, to approve two special resolutions: the appointment of Ms. Nishi Brahmkhatri (DIN 11458458) as an Independent Director and the re-appointment of Mr. Ravi Bhandari as an Independent Director. The meeting, chaired by Mr. Kaushalkumar S. Gupta, included key directors, KMP, auditors, and a scrutinizer, with voting facilitated via remote e-voting and physical polling. Voting results and the scrutinizer's report will be disclosed separately to stock exchanges and on the company's website.

  • ·CIN: L25206GJ2008PLC053761
  • ·Registered Office: 274/2, Samlaya Sherpura Road, Pratapnagar, near Samlaya Railway Station, Savli, Vadodara, Gujarat, India, 391520
  • ·EGM commenced at 02:00 p.m. IST and concluded at 03:30 p.m. IST
  • ·Scrip Code: 538546
  • ·Website: www.bansalroofing.com
Yes Bank LimitedAgm/Egmmateriality 3/10

25-03-2026

360 ONE WAM LIMITEDInsider Trading Disclosureneutralmateriality 3/10

25-03-2026

360 ONE WAM Limited announced the closure of its trading window from April 1, 2026, until 48 hours after the Board of Directors approves and files the unaudited/audited financial results for the quarter and financial year ended March 31, 2026. This complies with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Employees and Insiders. Directors and Designated Persons are prohibited from trading in the company's securities during this period; the Board meeting date for results approval will be intimated separately.

  • ·BSE Scrip Code: 542772
  • ·NSE Symbol: 360ONE
  • ·CIN: L74140MH2008PLC177884
  • ·Filing Date: March 25, 2026
Axita Cotton LimitedCorporate Governancepositivemateriality 7/10

25-03-2026

Axita Cotton Limited announced the results of its postal ballot on March 25, 2026, with all three resolutions passing with overwhelming majorities of 99.97% to 99.98%: (1) addition and alteration to the Main Object Clause of the MoA (special), (2) adoption of a new MoA (special), and (3) authorization to charge for document services under Section 20 (ordinary). Promoters voted 100% in favor across all resolutions, while public non-institutions approved at 89-91% but with very low participation of only 0.22% of their shares polled; overall turnout was 42.04% of total shares. Public institutions showed zero participation.

  • ·Cut-off/record date: February 13, 2026
  • ·e-Voting period: February 22, 2026 (9:00 AM IST) to March 23, 2026 (5:00 PM IST)
  • ·Scrutinizer appointed on: February 16, 2026
  • ·Invalid votes: 0 across all categories and resolutions
  • ·Against votes: 37,673 (Res 1), 38,613 (Res 2), 46,964 (Res 3)
Amarnath Securities Ltd.Corporate Governanceneutralmateriality 5/10

25-03-2026

Amarnath Securities Ltd. issued a postal ballot notice seeking shareholder approval for changing designations of two directors—Mr. Rajendrabhai Ramanbhai Patel from Additional Director to Whole-Time Director and Mr. Kaustubh Pramod Joshi from Additional Director to Non-Executive Independent Director, both effective December 2, 2025—and appointing M/s. H K Shah & Co. as statutory auditors for FY 2025-26 to FY 2029-30. Additionally, approval is sought to convert an outstanding loan of ₹47.43 L into up to 3.16 L equity shares at ₹15 per share. Remote e-voting commences March 26, 2026, and ends April 25, 2026.

  • ·Director changes effective w.e.f. December 02, 2025, for a period of 5 years.
  • ·Postal ballot approved by Board meeting on March 11, 2026; cut-off date for members: March 20, 2026.
  • ·Scrutinizer report to be announced within 48 hours of receipt, with results on company website, RTA website, and BSE.
SWARNSARITA JEWELS INDIA LIMITEDCorporate Governancemixedmateriality 9/10

25-03-2026

Acquirers Mr. Mahendra Madanlal Chordia, Mrs. Asha M. Chordia, Mr. Sunny Mahendra Chordia, and PAC Swarnsarita Jewellers Private Limited are making a voluntary open offer to acquire up to 47,94,987 fully paid-up equity shares (22.97% of voting share capital) of Swarnsarita Jewels India Limited at ₹32.15 per share. The offer opens on April 6, 2026, and closes on April 20, 2026, and is not conditional on minimum acceptance but carries risks including potential withdrawal due to non-receipt of statutory approvals or other SEBI-specified conditions.

  • ·Offer is voluntary under Regulation 6 of SEBI (SAST) Regulations, 2011, with no competing offers as of LoF date.
  • ·Identified Date: March 17, 2026; Last date for price revision: April 1, 2026.
  • ·Public shareholders cannot withdraw tendered shares; lien marked until completion, exposing to market price fluctuations.
Rubfila International LimitedInsider Trading Disclosureneutralmateriality 4/10

25-03-2026

Rubfila International Limited has closed its trading window for dealing in securities from April 1, 2026, until 48 hours after the declaration of audited financial statements for the quarter/year ended March 31, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The board meeting date for financial results approval will be intimated separately. No other financial or operational metrics were disclosed.

  • ·Scrip Code: 500367
  • ·Symbol: RUBFILA
  • ·CIN: L25199KL1993PLC007018
LCC Infotech LimitedCorporate Governanceneutralmateriality 9/10

25-03-2026

Mr. Kunjit Maheshbhai Patel is launching an unconditional open offer to acquire up to 43,834,271 equity shares (26% of the emerging voting share capital) of LCC Infotech Limited at ₹4.55 per share, valuing the offer at approximately ₹199.45 Cr, pursuant to SEBI (SAST) Regulations following a substantial acquisition and change in control. The offer opens on April 6, 2026, and closes on April 20, 2026, with no competing offers or minimum acceptance threshold required. The emerging voting share capital excludes equity shares from convertible warrants approved on January 3, 2026, which will not convert until after the tendering period.

  • ·No statutory approvals required as of Letter of Offer date, but subject to any that may arise
  • ·Last date for revision of offer price/size: April 2, 2026
  • ·Identified Date: March 17, 2026 (for determining shareholders eligible to receive LOF)
  • ·Public Announcement date: January 3, 2026
  • ·SEBI Registration No. for Manager: INM000013262

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India Stock Market Daily Regulatory Digest — March 25, 2026 | Gunpowder Blog