India Stock Market Daily Regulatory Digest — March 29, 2026

29-03-2026

Amara Raja Energy & Mobility Limited disclosed the voting results and Scrutinizer’s Report for the postal ballot conducted via remote e-voting, approving the special resolution to re-appoint Mr. Annush Ramasamy (DIN: 01810872) as an Independent Director for a second consecutive term of five years with the requisite majority on March 28, 2026. The announcement complies with SEBI LODR Regulations and Companies Act requirements, with details submitted to NSE (Symbol: ARE&M) and BSE (Scrip Code: 500008). Results are available on the company website and NSDL evoting platform.

• ·Record Date: Friday, February 20, 2026
• ·Notice of Postal Ballot: February 11, 2026
• ·Letter enclosing Notice: February 26, 2026
• ·NSE Symbol: ARE&M
• ·BSE Scrip Code: 500008

29-03-2026

Whirlpool of India Limited announced on March 28, 2026, the outcome of its postal ballot/e-voting initiated via notice dated February 6, 2026. The special resolution to re-designate Mr. Anil Berera (DIN: 00306485) as a Non-Executive Independent Director failed to receive the requisite majority of shareholder votes. As a result, Mr. Berera continues in his current role as a Non-Executive (Non-Independent) Director.

• ·Intimation to stock exchanges dated February 24, 2026.
• ·Voting results and Scrutinizer's Report dated March 28, 2026, enclosed and available on www.whirlpoolindia.in.
• ·Compliance with Regulation 44 of SEBI (LODR) Regulations, 2015, and Sections 108/110 of Companies Act, 2013.

29-03-2026

BKM Industries Ltd (formerly Manaksia Industries Ltd) submitted delayed standalone and consolidated financial results for Q3 and 9M ended 31/12/2022 (FY23), showing zero revenue from operations due to suspended manufacturing and net losses of ₹54 L (Q3) and ₹273 L (9M), worsening from ₹169 L loss in prior 9M FY22. The delay was due to ongoing CIRP under IBC 2016, with management vested in Resolution Professional; post-NCLT approved Resolution Plan, the company is regularizing past compliances including this submission approved by Board on 28/03/2026. Balance sheet reflects stable total assets at ₹17,902 L but high current borrowings of ₹12,411 L.

• ·Manufacturing activities non-operational during the period.
• ·Cash and cash equivalents declined to ₹16 L as at 31/12/2022 from ₹190 L as at 30/09/2022.
• ·Net cash used in operating activities: ₹72 L for 9M FY23.
• ·Equity share face value: ₹1.

29-03-2026

BKM Industries Ltd submitted delayed standalone and consolidated unaudited financial results for Q4 and FY23 ended March 31, 2023, due to ongoing Corporate Insolvency Resolution Process (CIRP), with board approval on March 28, 2026. The company reported no revenue from operations, a net loss of ₹655 L for FY23 (improved from ₹1,492 L loss in FY22), and manufacturing activities remained non-operational. Balance sheet shows total assets of ₹17,872 L but high current liabilities of ₹14,890 L including ₹12,411 L borrowings.

• ·Manufacturing activities not operational during FY23.
• ·Financial results subject to Limited Review by Statutory Auditors.
• ·Net cash used in operating activities ₹84 L for FY23.
• ·EPS basic FY23: (1.00), FY22: (2.28).

29-03-2026

BKM Industries Ltd (formerly Manaksia Industries Ltd) submitted delayed standalone and consolidated unaudited financial results for the quarter ended 30th June 2023 (Q1 FY24), approved by the Board on 28th March 2026, due to prior CIRP under IBC, with manufacturing activities non-operational resulting in zero revenue from operations and other income of ₹3 L. The company reported a net loss of ₹26 L, narrower than YoY loss of ₹213 L and QoQ loss of ₹45 L, but total expenses of ₹29 L were driven by other expenses with no material offsets. Balance sheet shows total assets of ₹17,873 L, equity of ₹1,177 L, and high current borrowings of ₹12,411 L amid resolution plan implementation post-NCLT approval.

• ·Property, Plant and Equipment: ₹3,391 L as at 30/06/2023 (flat YoY)
• ·Investments (non-current): ₹4,320 L as at 30/06/2023 (flat YoY)
• ·Net cash used in operating activities: ₹26 L for Q1 FY24
• ·Net cash from financing activities: ₹27 L for Q1 FY24 (repayment of short-term borrowings)
• ·Financial results subject to Limited Review by Statutory Auditors

29-03-2026

BKM Industries Ltd submitted delayed standalone and consolidated unaudited financial results for the quarter ended September 30, 2022 (Q2 FY23), approved by the board on March 28, 2026, due to ongoing Corporate Insolvency Resolution Process (CIRP) under IBC, with manufacturing activities non-operational and no revenue from operations recorded. The company reported a net loss of ₹57 Lakhs for the quarter (flat vs prior quarter loss of ₹58 Lakhs), with total income limited to ₹1 Lakh from other income amid high depreciation and other expenses. Balance sheet shows total assets of ₹17,934 Lakhs, but equity eroded to ₹1,304 Lakhs with elevated current liabilities of ₹14,853 Lakhs dominated by borrowings.

• ·Manufacturing activities were not operational during the quarter.
• ·Figures recasted as per bank statements and previous auditors due to insolvency process.
• ·Net cash from operating activities: (₹51 L); Net cash from financing: ₹397 L; Cash increased by ₹171 L.
• ·Audited by Prabhat & Co (FRN: 010458C).

29-03-2026

The Board of BKM Industries Ltd (formerly Manaksia Industries Ltd) approved standalone and consolidated financial results for FY 2021-22 (all quarters), FY 2022-23 (all quarters), and quarter ended June 30, 2023, which were delayed due to the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code. The Board also approved the appointment of Ms. Priya Motwani as Company Secretary and Compliance Officer, Secretarial Auditor, noted capital reduction and allotment of securities to new promoters per the NCLT-approved Resolution Plan, and approved Board's Reports for FY 2020-21 to 2024-25. The Company plans to apply for recommencement of trading on BSE and NSE to regularize past non-compliances.

• ·Board meeting commenced on March 28, 2026 at 18:00 hours and concluded on March 29, 2026 at 13:30 hours.
• ·Financial results subjected to Limited Review by Statutory Auditors where applicable.
• ·Approval for filing applications with BSE (Scrip Code: 539043) and NSE (Scrip Code: BKMINDST) for recommencement of trading.

29-03-2026

EPL Limited's Board approved the scheme of amalgamation merging Indovida India Private Limited into the Company on a going concern basis, with a share exchange ratio of 286 EPL equity shares (FV ₹2) for every 10,000 Indovida shares (FV ₹10), subject to approvals from NCLT, SEBI, CCI, stock exchanges, and shareholders/creditors. The merger is expected to deliver synergies including wider product range, cost savings, geographical diversification, and enhanced efficiencies in the packaging sector. Post-merger, promoter/promoter group shareholding will increase from 25.97% to 68.37% on a fully diluted basis.

• ·IVL holds 99.99% of Indovida India and 24.44% in EPL; Epsilon holds 25.97% in EPL.
• ·Merger at arm's length basis per independent valuers' report (Mar 28, 2026) and SEBI-registered merchant banker's fairness opinion.
• ·Post-merger board rights: Epsilon nominates 1 director, IVL nominates at least 3; certain reserved matters require prior approval of both.
• ·Approvals required: Stock Exchanges, SEBI, NCLT, CCI, requisite shareholders/creditors.
• ·Board meeting: Mar 29, 2026, 5:00 P.M. to 5:25 P.M. IST.

29-03-2026

EPL Limited announces the Scheme of Amalgamation with Indovida India Private Limited, creating a merged entity with INR 83,767 million revenue (CY25 proforma), 20.9% EBITDA margin, and net debt/EBITDA of 0.25x, doubling scale from EPL's standalone INR 45,680 million. The merger is EBIT margin accretive (120+ bps to 13.6%) and ROCE accretive (220+ bps to 20.9%), with identified synergies of $35-50 million, though EPL's valuation at INR 339 per share reflects a 70% premium to the March 27, 2026 closing price. Approximately 75% of merged revenue from emerging markets supports growth potential amid stable profitability metrics.

• ·Post-merger shareholding: Indorama Ventures 51.8%, Blackstone 16.6%, Public 31.6%
• ·EPL global footprint: 211 manufacturing sites across 111 countries
• ·Indovida 100% owned by Indorama Ventures Netherlands B V
• ·Merged entity market positions leading in laminated tubes (EPL) and rigid PET (Indovida) across key emerging markets including Philippines, Vietnam, Nigeria, Egypt, Myanmar, Thailand, Tanzania, Ghana
• ·Sustainability: EPL 90% recyclable tubes capacity, 21% renewable energy; Indovida 100% recyclable PET resin capacity, 150kMT rPET consumption goal by 2035

29-03-2026

EPL Limited's Board of Directors approved the Scheme of Amalgamation of Indovida India Private Limited (Transferor Company) with EPL Limited (Transferee Company) on March 29, 2026. The company has scheduled an investors' and analysts' conference call on March 30, 2026, at 11:00 AM IST to discuss the scheme, with participation from MD & Global CEO Hemant Bakshi, COO M.R. Ramasamy, CFO Deepak Goyal, and Head Legal Onkar Ghangurde. No financial details or performance metrics were disclosed in this intimation.

• ·ISIN: INE255A01020
• ·Scrip Code: 500135
• ·Trading Symbol: EPL
• ·Conference call dial-in: Primary +91 22 6280 1297, Secondary +91 22 7115 8198
• ·Toll-free numbers: USA 1 866 746 2133, UK 0 808 101 1573, Singapore 800 101 2045, Hong Kong 800 964 448
• ·Diamond Pass: https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=4568962&linkSecurityString=2527b7a15e

29-03-2026

EPL Limited's Board approved the scheme of amalgamation merging Indovida India Private Limited into the Company, supported by a joint valuation and fairness opinion, aiming for synergies in packaging products, geographical diversification, and operational efficiencies with combined turnover of ₹8,377 Cr (Jan-Dec 2025). Post-merger, promoter/promoter group shareholding surges to 68.37% from 25.97% on a fully diluted basis, significantly diluting public holding to 31.63% from 74.03%. The merger, along with MIA, SHA, and TSA executions, remains subject to approvals from NCLT, CCI, SEBI, stock exchanges, and shareholders/creditors.

• ·Share exchange ratio: 286 fully paid-up equity shares of EPL (FV ₹2 each) for every 10,000 fully paid-up equity shares of Indovida India (FV ₹10 each).
• ·IVL to nominate at least 3 directors; Epsilon to nominate 1 director on EPL Board post-merger.
• ·Company requires prior approval from Epsilon and IVL for certain reserved matters post-SHA.
• ·Approvals required: Stock Exchanges, SEBI, NCLT, CCI, shareholders and creditors.
• ·Board meeting: Mar 29, 2026, 5:00-5:25 PM IST.
• ·Valuation reports and fairness opinion dated Mar 28, 2026.