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India IPO SEBI DRHP Activity Filings — March 03, 2026

India IPO Activity Monitor

132 medium priority132 total filings analysed

Executive Summary

Across 132 filings in the India IPO Activity Monitor stream (March 3, 2026), dominant themes include heightened post-IPO investor engagement with 25+ scheduled analyst/investor meetings/conferences (e.g., Bharat Connect Rising Stars March 6-11, JP Morgan India Forum March 9), signaling strong institutional interest in recent listings like Ather Energy, Groww, Aye Finance. Tata Steel's favorable ITAT order reducing tax exposure by ₹215 Cr (~11% YoY from ₹1,901 Cr to ₹1,686 Cr for FY2008-15) repeats across 35+ filings, emerging as the top positive catalyst with expected spillovers to FY2009-15 litigations (adjustments FY2027). Leadership churn noted in 10+ cases (resignations of CFOs/CSs/IDs across Grihum, Sterling Tools, Praveg, Gujarat Kidney), mostly neutral but raising governance flags; minor regulatory fines/penalties aggregate <₹50L across 8 companies (e.g., Shipping Corp ₹10.86L, waived in Garware), immaterial vs market caps. Positive outliers include ICICI Lombard's rating outlook upgrade (ROE avg 17.3% FY21-25, 8.7% market share), Aye Finance's AI underwriting pilot post-₹1,010 Cr IPO (multiple repeats), and Chatha Foods' PAT doubling YoY FY22-25 (capacity 30,800 MT at 75-80% util). No broad period-over-period declines; portfolio-level trend shows stable/neutral sentiment (85%), with tax/regulatory resolutions and AI/tech innovations as growth drivers amid low materiality events.

Tracking the trend? Catch up on the prior India IPO SEBI DRHP Activity Filings digest from March 02, 2026.

Investment Signals(12)

  • Tata Steel(BULLISH)

    ITAT order allows ₹518.76 Cr interest deduction FY2008 (Corus acquisition), cutting aggregate tax exposure ~11% YoY to ₹1,686 Cr (FY08-15), persuasive for FY09-15 litigations; FY2027 adjustments

  • AM Best upgrades outlook to positive (FSR B++ stable), affirms ROE avg 17.3% FY21-25 vs peers, 8.7% mkt share as #2 non-life insurer, resilient FY26 9M earnings

  • Aye Finance(BULLISH)

    Post-₹1,010 Cr IPO, pilots GenAI/ML underwriting from store images, cuts manual fieldwork/costs for micro-MSME loans (Tier 2+), builds on 2019 AI unit/Google Capital 2018 equity

  • Investor call transcript shows PAT doubled annually FY22-25, 30,800 MT capacity at 75-80% util (chicken), new veg/Allana facilities targeting 25-50% util FY27

  • Allots 5.74L shares (₹350/warrant conversion Sep 2025), non-promoter, paid-up capital + to ₹28.57 Cr (2.86 Cr shares), largest to Gunjan Agarwal 3.13L shares

  • Black Box(BULLISH)

    Warrants conversion allots 6.47L shares @₹415 prem (orig Sep 2024), capital + to ₹34.23 Cr (17.11 Cr shares), ₹27 Cr inflow, 63.6L warrants remain

  • Allots 1.74L shares @₹73.75 prem (warrants to non-promoters), capital + to ₹19.49 Cr (1.95 Cr shares), compliant SEBI ICDR

  • Ashima Ltd(BULLISH)

    Appts Vanita Mathur CEO/KMP (30+ yrs Group exp, MBA Finance), effective Mar 1 2026, no director ties

  • UFLEX Ltd(BULLISH)

    Appts Rohit Kachroo EVP Packaging/Sr Mgmt (32 yrs exp incl P&L at Huhtamaki), effective Mar 2 2026

  • Opens new store Midnapore WB, total 259 stores, expansion post-listing

  • TCS(BULLISH)

    Appts Madhav Uppuluri General Counsel (28 yrs exp ex-Tata Motors), effective Apr 1 2026

  • Step-down sub merger (Persistent Telecom $4M turnover into $304M profitable entity) for efficiency, no impact on listed co

Risk Flags(10)

  • FY08 win reduces exposure 11% to ₹1,686 Cr but material contingent liability remains, pending FY09-15 resolutions

  • Income Tax search Feb 26-Mar 2 2026 at offices/units/promoter homes, unquantified impact, ops uninterrupted but overhang

  • Grihum Housing/CFO Resignation[MEDIUM RISK]

    CFO Pankaj Rathi resigns effective Mar 31 2026, no reasons, leadership stability concern post-IPO

  • CS Komal Malik resigns Feb 28 2026 for opportunities, no material reasons but governance churn

  • MPCB voluntary closure Sulphonation unit (Oleum leak Mar 2), safety audit needed for resumption, no financial impact claimed

  • ₹2.12 Cr tax + ₹4.25 Cr penalty (₹6.37 Cr total + int) FY21-24 classification, plans appeal, immaterial

  • Subex/Fines[LOW RISK]

    ₹1.82L fines each BSE/NSE for board/NRC non-comp post-director exits Sep 2025, waiver sought

  • Shipping Corp India/Fines[LOW RISK]

    ₹5.43L fines each BSE/NSE (total ₹10.86L) Reg 17(1) board comp, PSU delays in IDs

  • Appeal rejected, upholds ₹44.82L tax + penalty (₹89.64L total), further appeal planned

  • Sub store 1-day drug license suspension, ₹0.42L rev loss

Opportunities(8)

  • ₹215 Cr relief + FY09-15 spillover potential, monitor FY2027 adjustments for EPS accretion

  • Aye Finance/AI Underwriting(OPPORTUNITY)

    GenAI pilot scales micro-MSME lending post-₹1,010 Cr IPO, cost savings vs manual, watch utilization FY27

  • Positive outlook on 17.3% ROE, #2 mkt share, undervalued vs peers on investment reliance

  • PAT x2 YoY FY22-25, new facilities 25-80% util FY27, QSR/HoReCa/export diversification

  • Investor Conferences/Mar 6-11(OPPORTUNITY)

    25+ events (Bharat Connect, JP Morgan, Nirmal Bang) for recent IPOs (Ather, Groww, Dynamic Cables, Innova), gauge sentiment

  • Warrant Conversions/Capital Infusion(OPPORTUNITY)

    Kesar/Black Box/Power allotments signal non-promoter confidence, monitor further tranches

  • Postal ballot Mar1-30 for ₹40,900 Cr SBI deals, arm's length, stable revenue stream FY27

  • NSE waives ₹2.75L fines Q3/Sep25, post-woman ID appt, governance normalized

Sector Themes(6)

  • Post-IPO Investor Roadshows(THEME)

    25/132 filings (~19%) detail Mar 6-11 meetings (Arihant Bharat Connect dominant), avg materiality 3/10 neutral; signals peak engagement 1-2m post-listing, alpha in transcripts

  • Tax/Regulatory Reliefs(THEME)

    Tata Steel 35+ dups (26%) show ~11% exposure cut FY08-15; ICICI/DIC/Britannia mixed, avg positive for largecaps, monitor appeals FY27

  • Leadership Transitions Neutral(THEME)

    12 resignations/appts (9%) CS/CFO/CEO/GC (e.g., Grihum CFO, UFLEX EVP), no insider sales/concerns, 80% neutral materiality 4-6/10

  • Minor Fines Common Governance(THEME)

    8 cos (6%) fines <₹20L each BSE/NSE Reg17/19 (Shipping, Subex, Garware waived), PSUs hit harder, no ops impact

  • Fintech/NBFC Innovation(THEME)

    Aye Finance 20+ AI pilot repeats post-IPO, Chatha growth transcript; contrasts traditional fines, highlights tech edge in MSME credit

  • PSU Board Delays(THEME)

    Shipping Corp/SCILAL fines on ID shortages, waivers pending, reflects govt hiring lags vs private agility

Watch List(8)

  • FY09-15 litigations impact post-FY08 win, FY2027 contingent liability adjustments [Q1 FY27]

  • Post-search Mar2 outcomes, quantify liability [Mar/Apr 2026]

  • MPCB/DISH approvals for Sulphonation resumption post-Oleum incident [Mid-Mar 2026]

  • Investor Conferences Mar6-11
    👁

    Bharat Connect (Dynamic Cables, Monarch, Dhabriya, Prataap), JP Morgan (Hero, Groww), gauge IPO momentum [Mar 6-11]

  • Shareholder vote on ₹40,900 Cr RPTs, results Apr2 [Mar1-30 e-voting]

  • Aye Finance/AI Scale
    👁

    Pilot rollout to full underwriting, MSME loan growth post-IPO [Q1 FY27]

  • Grihum Housing/CFO Replacement
    👁

    Successor appt by Mar31, leadership stability [By Mar31 2026]

  • New facilities ramp to 25-80%, QSR volumes amid per-store dip [FY27]

Filing Analyses(132)
PRAVEG LIMITEDIPO Listingneutralmateriality 3/10

03-03-2026

Praveg Limited informed BSE Limited of the cancellation of two Analyst/Investor meetings scheduled for March 6, 2026, due to unavoidable circumstances: a virtual meeting with Nirbhay AMC Private Limited at 11:00 a.m. and a physical meeting with Pegasus Growth LLP at 12:00 p.m. These were originally scheduled as per the intimation dated February 28, 2026, and may be rescheduled in due course.

  • ·Scrip Code: 531637
  • ·Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
  • ·Meetings pursuant to Regulation 30 read with Schedule III
UnknownIPO Listingneutralmateriality 2/10

03-03-2026

Praveg Limited (Scrip Code: 531637) intimated BSE Limited under Regulation 30 of SEBI LODR about the cancellation of two Analyst/Investor meetings scheduled for March 6, 2026, due to unavoidable circumstances. The cancelled meetings were with Nirbhay AMC Private Limited (virtual, 11:00 a.m.) and Pegasus Growth LLP (physical, 12:00 p.m.), which will be rescheduled if required.

  • ·Reference to earlier intimation dated February 28, 2026 regarding the original schedule.
Dynamic Cables LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Dynamic Cables Limited has intimated BSE and NSE under Regulation 30 of SEBI LODR about its officials participating in the Arihant Capital - Bharat Connect Conference: Rising Stars 2026 on March 9, 2026, from 12:00 PM to 01:00 PM virtually. The event is a group investor/analyst meeting, with no Unpublished Price Sensitive Information (UPSI) to be shared or discussed.

  • ·Scrip Code: BSE-540795; Trading Symbol: DYCL
  • ·CIN: L31300RJ2007PLC024139
  • ·Company website: www.dynamiccables.co.in
Pennar Industries LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Pennar Industries Limited has intimated BSE and NSE under Regulation 30 of SEBI LODR about a scheduled in-person 1X1 plant visit in Hyderabad by Equitree Capital Advisors Pvt. Ltd. on March 9, 2026. The interaction is subject to change due to exigencies and will be based solely on publicly available information, with no disclosure of unpublished price sensitive information.

  • ·BSE Scrip Code: 513228
  • ·NSE Scrip Code: PENIND
UnknownIPO Listingneutralmateriality 4/10

03-03-2026

Innova Captab Limited has intimated BSE and NSE about a scheduled physical 1x1/group investor/analyst meeting with Investec in Mumbai on Monday, March 9, 2026, at 10:00 AM IST. Discussions will be limited to publicly available information, with no Unpublished Price Sensitive Information (UPSI) to be shared. The schedule is subject to changes due to exigencies.

  • ·BSE Symbol: INNOVACAP, Scrip Code: 544067
  • ·NSE Symbol: INNOVACAP
  • ·Meeting mode: Physical, Location: Mumbai
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal allowing deduction of ₹518.76 crore interest expenditure for FY2008 related to Corus Group Plc acquisition, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 crore to ~₹1,686 crore. The company anticipates this will positively influence pending litigations for FY2009-2015. No negative impacts were reported, with adjustments to be made in FY2027 financial statements.

  • ·Appeal filed before ITAT on May 10, 2016, against DCIT order dated February 7, 2014.
  • ·Final hearing before ITAT in November 2025.
  • ·Disclosure in compliance with SEBI LODR Regulations 30 and 51.
  • ·Scrip Code: 500470; Symbol: TATASTEEL
KESAR INDIA LIMITEDIPO Listingpositivemateriality 6/10

28-02-2026

The Preferential Issue Committee of Kesar India Limited approved the allotment of 5,74,319 equity shares of ₹10 face value each, pursuant to conversion of an equal number of fully convertible warrants issued on September 18, 2025 at ₹350 each, to non-promoter allottees via private placement. This increases the company's paid-up equity share capital to ₹28.57 Cr, comprising 2,85,73,229 shares. The largest allotment went to Gunjan Agarwal (3,13,371 shares), with others receiving 28,571 shares each except Priyank Dhirendra Shah (3,809 shares).

  • ·Warrants originally allotted on September 18, 2025
  • ·Meeting commenced at 07:45 P.M. and concluded at 08:00 P.M. on February 28, 2026
  • ·All allottees categorized as Non-Promoter
  • ·Scrip Code: 543542
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026 from the Income Tax Appellate Tribunal, allowing deduction of ₹518.76 crore interest expenditure for FY2008 related to the Corus Group Plc acquisition, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 crore to ~₹1,686 crore. The company anticipates this will positively influence pending litigations for FY2009-2015. Adjustments to contingent liabilities will be made in FY2027 financial statements.

  • ·Appeal filed before ITAT on May 10, 2016 against DCIT order dated February 7, 2014.
  • ·Final hearing before ITAT in November 2025; order received February 27, 2026.
  • ·Prior disclosure on material tax litigation dated January 30, 2026 for quarter ended December 31, 2025.
  • ·Disclosure under SEBI LODR Regulations 30 and 51.
UnknownIPO Listingmixedmateriality 9/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing deduction of ₹518.76 Cr interest expenditure for FY2008 related to Corus acquisition, reducing aggregate tax exposure for FY2008-15 from ~₹1,901 Cr to ~₹1,686 Cr. While this represents a positive reduction of ~₹215 Cr (~11%), a material contingent liability of ~₹1,686 Cr remains, with expected persuasive impact on pending litigations for FY2009-15. Adjustments will be reflected in FY2027 financial statements.

  • ·Original assessment order dated February 7, 2014 by Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai for FY2008.
  • ·Appeal filed with Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing in November 2025; order received February 27, 2026.
  • ·Prior disclosure on January 30, 2026 regarding material tax litigation.
Bajaj Consumer Care LimitedIPO Listingneutralmateriality 6/10

28-02-2026

Bajaj Consumer Care Limited disclosed changes in Senior Management Personnel under Regulation 30 of SEBI LODR: Mr. Deepak Himan resigned as Head-Strategy & International Business effective February 28, 2026, to pursue external opportunities. The company appointed Mr. Abhishek Bhattacharya as Head - International Business (ROW, MEA & Nepal) effective March 1, 2026, and Mr. K.G. Mallikeswaran as Associate Vice President (Banjaras) effective March 3, 2026, both bringing over 20 years of FMCG experience.

  • ·Resignation of Mr. Deepak Himan tendered on January 1, 2026.
  • ·Appointments approved by Board based on Nomination, Remuneration and Corporate Governance Committee recommendation.
  • ·No relationships disclosed between new appointees and Directors.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing a ₹518.76 Cr deduction for interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing the aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates a persuasive impact on similar pending litigations for FY2009-2015. Necessary adjustments will be made to contingent liability disclosures in FY2027 financial statements.

  • ·Original disallowance order dated February 7, 2014 by Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016
  • ·Final hearing before ITAT in November 2025
  • ·Order received by company on February 27, 2026
  • ·Disclosure in compliance with Regulations 30 and 51 of SEBI LODR
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing deduction of ₹518.76 Cr interest expenditure for FY2008 related to Corus Group Plc acquisition, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates persuasive impact on similar pending litigations for FY2009-2015. Necessary adjustments will be made in FY2027 financial statements.

  • ·Original disallowance order by Deputy Commissioner of Income Tax dated February 7, 2014 for FY2008.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing in November 2025; order received on February 27, 2026.
  • ·Prior disclosure on material tax litigation dated January 30, 2026 for quarter ended December 31, 2025.
  • ·Scrip Code: 500470; Symbol: TATASTEEL.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction of ₹518.76 crore interest expenditure under Section 36(1)(iii) for FY2008 related to the Corus Group Plc acquisition. This reduces the aggregate tax exposure from ~₹1,901 crore to ~₹1,686 crore for FY2008 to FY2015. The company anticipates persuasive impact on related pending litigations for FY2009-FY2015.

  • ·Appeal filed on May 10, 2016, against original order dated February 7, 2014.
  • ·Final hearing before Income Tax Appellate Tribunal in November 2025.
  • ·Adjustments to contingent liability disclosure planned for FY2027 financial statements.
  • ·Scrip Code: 500470; Symbol: TATASTEEL.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing deduction of ₹518.76 Cr interest expenditure for FY2008 related to the Corus Group Plc acquisition, reducing aggregate tax exposure for FY2008-15 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates persuasive impact on similar pending litigations for FY2009-15, with adjustments to contingent liabilities in FY2027 financial statements.

  • ·Appeal filed on May 10, 2016 against Deputy Commissioner of Income Tax order dated February 7, 2014.
  • ·Final hearing before ITAT in November 2025; order received February 27, 2026.
  • ·Prior disclosure on January 30, 2026 regarding material tax litigation for quarter ended December 31, 2025.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing deduction of ₹518.76 Cr interest expenditure for FY2008 on loans for Corus Group Plc acquisition, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates persuasive impact on similar pending litigations for FY2009-2015, with adjustments to contingent liabilities in FY2027 financial statements.

  • ·Original disallowance order dated February 7, 2014 by Deputy Commissioner of Income Tax for FY2008.
  • ·Appeal filed with ITAT on May 10, 2016.
  • ·Final hearing before ITAT in November 2025.
  • ·Disclosure in compliance with Regulations 30 and 51 of SEBI LODR.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing a ₹518.76 Cr deduction for interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing the aggregate tax exposure from ~₹1,901 Cr to ~₹1,686 Cr for FY2008-2015. The company anticipates a persuasive impact on related pending litigations for FY2009-2015, with adjustments to contingent liabilities planned for FY2027 financial statements.

  • ·Original disallowance order dated February 7, 2014 by Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai for FY2008
  • ·Appeal filed before ITAT on May 10, 2016
  • ·Final hearing before ITAT in November 2025
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing deduction of ₹518.76 Cr interest expenditure for FY2008 related to Corus acquisition, reducing aggregate tax exposure for FY2008-FY2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company expects this to positively influence pending litigations for FY2009-FY2015, with adjustments to contingent liabilities planned for FY2027 financial statements. No adverse developments reported.

  • ·Original disallowance order dated February 7, 2014 by Deputy Commissioner of Income Tax.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing in November 2025; order received February 27, 2026.
  • ·Scrip Code: 500470; Symbol: TATASTEEL.
  • ·Disclosure in compliance with Regulations 30 and 51 of LODR.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates persuasive impact on related pending litigations for FY2009-2015, with adjustments to contingent liabilities in FY2027 financial statements. While exposure is reduced, a significant ~₹1,686 Cr liability remains.

  • ·Appeal filed on May 10, 2016, against original order dated February 7, 2014.
  • ·Final hearing in November 2025; order received February 27, 2026.
  • ·Disclosure in connection with Q3 FY2026 corporate governance report (quarter ended December 31, 2025).
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure for FY2008-FY2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates persuasive impact on related pending litigations for FY2009-FY2015. Adjustments to contingent liabilities will be made in FY2027 financial statements.

  • ·Original disallowance order dated February 7, 2014 by Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016
  • ·Final hearing in November 2025; order received February 27, 2026
  • ·Assessing Officer to issue separate order giving effect to the Tribunal decision
  • ·Previous disclosure on January 30, 2026 regarding material tax litigation
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure claimed under Section 36(1)(iii) for FY2008 related to Corus Group Plc acquisition loans. This reduces the aggregate tax exposure for FY2008-FY2015 from ~₹1,901 Cr to ~₹1,686 Cr (~11% reduction). The company anticipates persuasive impact on similar pending litigations for FY2009-FY2015, with adjustments to contingent liabilities in FY2027 financials.

  • ·Original disallowance order by Deputy Commissioner of Income Tax dated February 7, 2014.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing in November 2025; order received February 27, 2026.
  • ·Previous disclosure on January 30, 2026, for quarter ended December 31, 2025.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal allowing deduction of ₹518.76 Cr interest expenditure for FY2008 related to Corus Group Plc acquisition, reducing aggregate tax exposure from ~₹1,901 Cr to ~₹1,686 Cr for FY2008-2015. The company expects persuasive impact on pending litigations for FY2009-2015 and will adjust contingent liability disclosures in FY2027 financial statements. No negative developments reported in this update.

  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016 for FY2008.
  • ·Final hearing held in November 2025.
  • ·Order dated February 20, 2026, received on February 27, 2026.
  • ·Scrip Code: 500470; Symbol: TATASTEEL.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favourable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure from ~₹1,901 Cr to ~₹1,686 Cr for FY2008-FY2015. The company anticipates persuasive impact on related pending litigations for FY2009-FY2015, with adjustments to contingent liabilities in FY2027 financial statements.

  • ·Original DCIT order dated February 7, 2014, for FY2008 disallowance
  • ·Appeal filed before ITAT on May 10, 2016
  • ·Final hearing before ITAT in November 2025
  • ·Order received on February 27, 2026
  • ·Scrip Code: 500470, Symbol: TATASTEEL
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction of ₹518.76 crore interest expenditure for FY2008 related to Corus Group Plc acquisition, reducing aggregate tax exposure from ~₹1,901 crore to ~₹1,686 crore for FY2008-FY2015. The company expects persuasive impact on similar pending litigations for FY2009-FY2015. Adjustments to contingent liability disclosures will be made in FY2027 financial statements.

  • ·Appeal filed on May 10, 2016, against Deputy Commissioner of Income Tax order dated February 7, 2014.
  • ·Final hearing before Income Tax Appellate Tribunal in November 2025; order received February 27, 2026.
  • ·Prior disclosure on material tax litigation dated January 30, 2026, for quarter ended December 31, 2025.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure claimed for FY2008 on loans for Corus Group Plc acquisition, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company expects this to positively impact related pending litigations for FY2009-2015, with adjustments to contingent liabilities in FY2027 financial statements. No declines or flat metrics reported in this disclosure.

  • ·Original disallowance order by Deputy Commissioner of Income Tax dated February 7, 2014, for FY2008.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing in November 2025; order received on February 27, 2026.
  • ·Previous disclosure on January 30, 2026, for quarter ended December 31, 2025.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure from ~₹1,901 Cr to ~₹1,686 Cr for FY2008-2015. The company anticipates this will positively influence related pending litigations for FY2009-2015. Adjustments to contingent liability disclosures will be made in FY2027 financial statements.

  • ·Original disallowance order dated February 7, 2014 by Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing in November 2025.
  • ·Prior disclosure on material tax litigation dated January 30, 2026 for quarter ended December 31, 2025.
  • ·Disclosure under Regulations 30 and 51 of SEBI LODR Regulations, 2015.
Sterling Tools LimitedIPO Listingneutralmateriality 4/10

28-02-2026

Sterling Tools Limited disclosed the resignation of Ms. Komal Malik as Company Secretary and Compliance Officer (Key Managerial Personnel), effective close of business hours on February 28, 2026. The resignation is to explore other professional opportunities, with confirmation of no other material reasons. This follows an earlier letter dated February 17, 2026, and complies with Regulation 30 of SEBI LODR Regulations.

  • ·Disclosure references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026.
  • ·Trading Symbol: STERTOOLS; Scrip Code: 530759.
  • ·CIN: L29222DL1979PLC009668.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure from ~₹1,901 Cr to ~₹1,686 Cr for FY2008-2015. The company expects this to persuasively impact pending litigations for FY2009-2015, with adjustments to contingent liabilities in FY2027 financials. While exposure is reduced, a remaining ~₹1,686 Cr liability persists pending Assessing Officer action.

  • ·Original disallowance order dated February 7, 2014 for FY2008.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing in November 2025; order received February 27, 2026.
  • ·Disclosure in compliance with SEBI LODR Regulations 30 and 51.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing deduction for ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr (a ~11% decline). The company anticipates this will positively influence pending litigations for FY2009-2015. Adjustments to contingent liability disclosures will be made in FY2027 financial statements.

  • ·Original assessment order by Deputy Commissioner of Income Tax dated February 7, 2014.
  • ·Appeal filed before ITAT on May 10, 2016.
  • ·Final hearing before ITAT in November 2025.
  • ·Order received on February 27, 2026.
  • ·Scrip Code: 500470; Symbol: TATASTEEL.
  • ·Prior disclosure dated January 30, 2026.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal allowing deduction for ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates persuasive impact on related pending litigations for FY2009-2015, with adjustments to contingent liabilities in FY2027 financial statements. While this resolves the FY2008 appeal positively, a significant remaining exposure of ~₹1,686 Cr persists.

  • ·Original disallowance order dated February 7, 2014 for FY2008.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing in November 2025; order received February 27, 2026.
  • ·Disclosure in compliance with SEBI LODR Regulations 30 and 51.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing a ₹518.76 Cr deduction for interest expenditure on loans used for acquiring Corus Group Plc in FY2008. This reduces the company's aggregate tax exposure for FY2008 to FY2015 from ~₹1,901 Cr to ~₹1,686 Cr, a decline of approximately 11%. The company anticipates this order will positively influence related pending litigations for FY2009 to FY2015.

  • ·Original disallowance order dated February 7, 2014, by Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing held in November 2025.
  • ·Order received by company on February 27, 2026.
  • ·Adjustments to be made in contingent liability disclosures for FY2027 financial statements.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing deduction of ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates persuasive impact on similar pending litigations for FY2009-2015, with adjustments to contingent liabilities planned for FY2027 financial statements. No adverse developments were reported in this disclosure.

  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016
  • ·Final hearing conducted in November 2025
  • ·Original disallowance order dated February 7, 2014 for FY2008
  • ·Order received by company on February 27, 2026
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. The Company anticipates persuasive impact on related pending litigations for FY2009-2015, with adjustments to contingent liabilities planned for FY2027 financial statements. No other declines or flat metrics reported.

  • ·Original disallowance order dated February 7, 2014 by Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016
  • ·Final hearing in November 2025
  • ·Order received on February 27, 2026
  • ·Prior disclosure dated January 30, 2026
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction of ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates this will positively influence similar pending litigations for FY2009-2015. Necessary adjustments will be made in FY2027 financial statements' contingent liability disclosures.

  • ·Original disallowance order by Deputy Commissioner of Income Tax dated February 7, 2014, for FY2008.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing in November 2025; order received February 27, 2026.
  • ·Previous disclosure on January 30, 2026, for quarter ended December 31, 2025.
  • ·Scrip Code: 500470; Symbol: TATASTEEL.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for interest expenditure of ₹518.76 crore related to FY2008 acquisition of Corus Group Plc, reducing the aggregate tax exposure from FY2008 to FY2015 from ~₹1,901 crore to ~₹1,686 crore. This order is expected to have persuasive impact on related pending litigations for FY2009 to FY2015. The company will adjust its contingent liability disclosures in FY2027 financial statements accordingly.

  • ·Appeal filed on May 10, 2016, against Deputy Commissioner of Income Tax order dated February 7, 2014.
  • ·Final hearing before Income Tax Appellate Tribunal in November 2025; order received February 27, 2026.
  • ·Prior disclosure on January 30, 2026, for quarter ended December 31, 2025.
  • ·Scrip Code: 500470 (BSE), Symbol: TATASTEEL (NSE).
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 crore interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure for FY2008-FY2015 from ~₹1,901 crore to ~₹1,686 crore. The company expects this to positively influence related pending litigations for FY2009-FY2015. Adjustments to contingent liability disclosures will be made in FY2027 financial statements.

  • ·Appeal filed on May 10, 2016, against Deputy Commissioner of Income Tax order dated February 7, 2014.
  • ·Final hearing before Income Tax Appellate Tribunal in November 2025; order received February 27, 2026.
  • ·Disclosure in compliance with SEBI LODR Regulations 30 and 51; prior disclosure on January 30, 2026, for quarter ended December 31, 2025.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure on loans used for acquiring Corus Group Plc, reducing aggregate tax exposure for FY2008-FY2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates persuasive impact on related pending litigations for FY2009-FY2015 and will adjust contingent liabilities in FY2027 financial statements. No adverse developments were reported in this update.

  • ·Original disallowance order by Deputy Commissioner of Income Tax dated February 7, 2014, for FY2008
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016
  • ·Final hearing before ITAT in November 2025
  • ·ITAT order received by company on February 27, 2026
  • ·Previous disclosure on material tax litigation dated January 30, 2026
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. The company expects this to positively impact related pending litigations for FY2009-2015, with adjustments to contingent liabilities in FY2027 financials. However, a significant remaining exposure of ~₹1,686 Cr persists.

  • ·Original disallowance order dated February 7, 2014, by Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing in November 2025; order received February 27, 2026.
  • ·Disclosure in compliance with Regulations 30 and 51 of SEBI LODR.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing a ₹518.76 Cr deduction for interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing the aggregate tax exposure for FY2008-15 from ~₹1,901 Cr to ~₹1,686 Cr. The company anticipates a persuasive impact on related pending litigations for FY2009-15, with adjustments to contingent liabilities planned for FY2027 financial statements. While this is a positive development, a material tax exposure of ~₹1,686 Cr remains.

  • ·Original disallowance order dated February 7, 2014 by Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016
  • ·Final hearing held in November 2025
  • ·Order received on February 27, 2026
  • ·Disclosure in compliance with SEBI LODR Regulations 30 and 51
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal allowing deduction of ₹518.76 crore interest expenditure for FY2008 related to the Corus Group Plc acquisition, reducing the aggregate tax exposure from ~₹1,901 crore to ~₹1,686 crore for FY2008-FY2015. The company anticipates a persuasive impact on similar pending litigations for FY2009-FY2015, with adjustments to contingent liabilities planned for FY2027 financial statements. This follows an appeal filed on May 10, 2016, after an initial disallowance order dated February 7, 2014.

  • ·Final hearing before ITAT occurred in November 2025; order received on February 27, 2026.
  • ·Previous disclosure on this matter dated January 30, 2026, for quarter ended December 31, 2025.
  • ·Disclosure made in compliance with SEBI LODR Regulations 30 and 51.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing deduction of ₹518.76 Cr interest expenditure for FY2008 related to Corus Group Plc acquisition, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr (an ~11% decline). The company anticipates persuasive impact on similar pending litigations for FY2009-2015, with adjustments to contingent liabilities in FY2027 financial statements. No other material changes or declines reported.

  • ·Original disallowance order by Deputy Commissioner of Income Tax dated February 7, 2014 for FY2008.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing held in November 2025; order received February 27, 2026.
  • ·Disclosure in connection with Q3 FY2026 (ended December 31, 2025) corporate governance report.
UnknownIPO Listingmixedmateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal allowing deduction for ₹518.76 Cr interest expenditure on loans for Corus Group Plc acquisition in FY2008, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr. While this provides relief and expected persuasive impact on pending FY2009-2015 litigations, a substantial ~₹1,686 Cr exposure remains. The company will adjust contingent liabilities in FY2027 financial statements.

  • ·Original disallowance order dated February 7, 2014 by Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016
  • ·Final hearing in November 2025
  • ·Order received on February 27, 2026
  • ·Scrip Code: 500470, Symbol: TATASTEEL
Tata Consultancy Services LimitedIPO Listingneutralmateriality 4/10

28-02-2026

Tata Consultancy Services Limited (TCS) announced the appointment of Mr. Madhav Uppuluri as General Counsel effective April 1, 2026, succeeding Mr. Madhav Anchan upon his superannuation at the close of March 31, 2026. Mr. Uppuluri brings over 28 years of legal experience, including prior role as General Counsel at Tata Motors Limited. The Board of Directors meeting was held on February 28, 2026, from 10:30 a.m. to 6:10 p.m.

  • ·Mr. Uppuluri's expertise includes litigation, commercial law, corporate governance, M&A, and handling complex domestic and overseas transactions.
  • ·Board meeting concluded at 6:10 p.m. on February 28, 2026.
Tata Steel LimitedIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable Income Tax Appellate Tribunal order dated February 20, 2026, allowing deduction of ₹518.76 Cr interest expenditure for FY2008 related to Corus acquisition, reducing aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr (11.4% reduction). The company expects this to influence pending litigations for FY2009-2015 and will adjust contingent liabilities in FY2027 financials. No adverse impacts disclosed.

  • ·Appeal filed on May 10, 2016 against FY2008 disallowance order dated February 7, 2014.
  • ·Final hearing before ITAT in November 2025; order received February 27, 2026.
  • ·Prior disclosure on January 30, 2026; adjustments to contingent liabilities in FY2027 financial statements.
UnknownIPO Listingpositivemateriality 8/10

28-02-2026

Tata Steel Limited received a favorable order dated February 20, 2026, from the Income Tax Appellate Tribunal, allowing deduction for ₹518.76 Cr interest expenditure on loans used for acquiring Corus Group Plc in FY2008. This reduces the aggregate tax exposure for FY2008-2015 from ~₹1,901 Cr to ~₹1,686 Cr, a decrease of approximately ₹215 Cr. The company anticipates a persuasive impact on related pending litigations for FY2009-2015.

  • ·Original disallowance order by Deputy Commissioner of Income Tax dated February 7, 2014, for FY2008.
  • ·Appeal filed before Income Tax Appellate Tribunal on May 10, 2016.
  • ·Final hearing held in November 2025; order received on February 27, 2026.
  • ·Adjustments to be made in contingent liability disclosures for FY2027 financial statements.
  • ·Scrip Code: 500470; Symbol: TATASTEEL
Medplus Health Services LimitedIPO Listingnegativemateriality 2/10

28-02-2026

MedPlus Health Services Limited disclosed that its subsidiary, Optival Health Solutions Private Limited, received a one-day suspension order for the Drug License of a store in Kuntloor, Rangareddy, Telangana, issued by the Assistant Director, Drugs Control Administration, on February 27, 2026, for violation of Rule 65 under the Drugs and Cosmetics Act, 1940. The impact is a potential revenue loss of ₹0.42 Lakh. No other financial or operational disruptions were mentioned.

  • ·Suspension for store at Kuntloor, Rangareddy, Telangana
  • ·Authority: Assistant Director, Drugs Control Administration, Telangana
  • ·Violation: Rule 65 of Drugs and Cosmetics Act, 1940 and Rules, 1945
  • ·Order received: February 27, 2026
  • ·Disclosure filed: February 28, 2026
PRAVEG LIMITEDIPO Listingneutralmateriality 4/10

28-02-2026

Praveg Limited disclosed the resignation of Independent Director Mr. Keyoor Madhusudan Bakshi (DIN: 00133588), effective close of business on February 28, 2026, citing advancing age and other commitments as reasons, with no other material factors confirmed. The resignation was tendered via letter dated February 28, 2026, pursuant to SEBI LODR Regulation 30. Bakshi currently holds directorships in Kanel Industries Limited (Promoter) and Gokul Agro Resources Limited (Independent Director).

  • ·Bakshi's committee positions: Kanel Industries Limited (Member - Audit Committee, Nomination and Remuneration Committee, Stakeholders’ Relationship Committee); Gokul Agro Resources Limited (Member - Nomination and Remuneration Committee; Chairman - Audit Committee, Risk Management Committee)
  • ·Disclosure complies with SEBI Master Circular dated January 30, 2026
Garware Technical Fibres LimitedIPO Listingneutralmateriality 4/10

28-02-2026

Garware Technical Fibres Limited disclosed notices from BSE and NSE dated February 27, 2026, imposing fines of ₹2.75 Lakh plus GST each for non-compliance with Regulation 17(1) of SEBI LODR during the quarter ended December 31, 2025, due to having fewer than six directors and lacking a woman independent director after Ms. Malika Sagar's cessation on August 28, 2025. However, NSE approved a waiver of these fines on February 16, 2026, for the quarters ended September 30, 2025, and December 31, 2025, meaning no payment is required. The company confirmed no impact on financial, operational, or other activities.

  • ·Non-compliance arose from delay in appointing Ms. Kit Dharmesh Mangwani, pending DGCA approval applied on May 19, 2025; appointed effective November 25, 2025.
  • ·Nomination and Remuneration Committee recommended appointment on April 29, 2025.
SBI Life Insurance Company LimitedIPO Listingneutralmateriality 9/10

28-02-2026

SBI Life Insurance Company Limited is seeking shareholder approval through postal ballot for material related party transactions in FY 2026-27 with State Bank of India (total ₹40,900 Cr including investments, premium, commissions, and derivatives), SBI DFHI Limited (₹30,000 Cr for investments), SBI Capital Markets Limited, and Yes Bank Limited, all in ordinary course and at arm's length basis. The Board approved the notice on February 25, 2026, with e-voting commencing March 1, 2026, and ending March 30, 2026; results to be declared by April 2, 2026. No historical comparisons or performance metrics are provided.

  • ·E-voting period: 09:00 A.M. IST March 1, 2026 to 05:00 P.M. IST March 30, 2026
  • ·Cut-off date for members: February 20, 2026
  • ·Postal Ballot Notice dispatched: February 28, 2026
  • ·NSE Symbol: SBILIFE; BSE Scrip Code: 540719
  • ·Scrutinizer: M/s. Mehta and Mehta
Monarch Surveyors and Engineering Consultants LimitedIPO Listingneutralmateriality 3/10

28-02-2026

Monarch Surveyors and Engineering Consultants Limited has scheduled a virtual group conference meeting with analysts and institutional investors as part of 'Bharat Connect: Rising Stars - March 2026', organized by Arihant Capital, on Friday, March 6, 2026, at 11:00 A.M. No unpublished price-sensitive information will be disclosed during the meeting, and details will be hosted on the company's website. Changes to the schedule may occur due to exigencies.

  • ·BSE Scrip Code: 544453
  • ·ISIN: INE0V0L01028
  • ·Company website: https://www.monarchconsultants.in/
  • ·Contact: cs@monarchltd.com, +91 97665 56746
Dhabriya Polywood LimitedIPO Listingneutralmateriality 3/10

28-02-2026

Dhabriya Polywood Limited has informed BSE about an upcoming analyst interaction at the Bharat Connect Conference: Rising Stars 2026, organized by Arihant Capital, scheduled for March 10, 2026, via video conference. Discussions will be limited to publicly available information, with no Unpublished Price Sensitive Information (UPSI) to be shared. Changes to the schedule may occur due to exigencies.

  • ·Scrip Code: 538715
  • ·CIN: L29305RJ1992PLC007003
  • ·Meeting format: Video conference
  • ·Regd. Office: B-9D(1), Malviya Industrial Area, Jaipur-302 017 (Raj.) INDIA
Ivalue Infosolutions LimitedIPO Listingneutralmateriality 4/10

28-02-2026

iValue Infosolutions Limited has intimated the National Stock Exchange of India Limited and BSE Limited about its management's participation in a Non-Deal Roadshow (NDR) on Thursday, March 5, 2026, from 10:00 am to 06:30 pm in Mumbai, conducted in person. The roadshow will discuss industry and company-specific developments already in the public domain, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The company, listed with trading symbol IVALUE and scrip code 544523, will also publish this intimation on its website.

  • ·CIN: L72200KA2008PLC045995
  • ·GST: 29AABCI8601B1ZW
  • ·Company address: No. 903/1/1, 19th Main Road, 4th Sector, H.S.R. Layout, Bangalore – 560102, Karnataka, India
  • ·Trading Symbol: IVALUE
  • ·Scrip Code: 544523
  • ·Membership No. (CS): A51625
Black Box LimitedIPO Listingneutralmateriality 4/10

28-02-2026

Black Box Limited allotted 6,46,674 equity shares of face value ₹2 each at a premium of ₹415 per share to three non-promoter warrant holders on February 28, 2026, pursuant to conversion of warrants originally allotted on September 27, 2024. This increased the issued, subscribed, and paid-up share capital from 17,04,90,722 shares (₹34.10 Cr) to 17,11,37,396 shares (₹34.23 Cr), with total consideration of ₹26.97 Cr (including prior 25% tranche). Post-allotment, 63,57,859 warrants remain outstanding for potential future conversion.

  • ·Warrants originally allotted: 92,65,215 on September 27, 2024 at ₹417 each (25% upfront).
  • ·Excello Fin Lea Limited: 5,99,520 shares allotted (0.35% post-issue holding).
  • ·Ushma Mehta: partial conversion of 31,975 warrants out of 7,28,736 held (post-issue holding 0.44%).
  • ·Ajay Patadia: 15,179 shares allotted (post-issue holding 0.01%).
Shree Pacetronix LtdIPO Listingneutralmateriality 3/10

28-02-2026

Shree Pacetronix Ltd disclosed a newspaper advertisement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the opening of a special window for re-lodgement of transfer requests for physical shares. The advertisement was published on February 28, 2026, in Free Press and Choutha Sansar newspapers, in compliance with SEBI Circular dated January 30, 2026. No financial metrics or performance data were reported.

  • ·Scrip Code: 527005
  • ·ISIN: INE847D01010
  • ·CIN: L33112MP1988PLC004317
  • ·ISO 13485 Certified and ISO 9001 Certified
Bharti Airtel LimitedIPO Listingnegativemateriality 2/10

28-02-2026

Bharti Airtel Limited disclosed two minor penalty notices from the Department of Telecommunications (DoT): ₹1.44L imposed by Madhya Pradesh LSA for alleged subscriber verification violations in the December 2025 CAF Audit, and ₹1.09L by Uttar Pradesh (East) LSA for November 2025. The company has opted to pay both penalties without contesting them. Financial impact is limited to these small amounts with no further operational effects mentioned.

  • ·Notices received on February 27, 2026 (Annex A at IST 1805 Hrs; Annex B at IST 1752 Hrs)
  • ·Disclosure filed pursuant to Regulation 30 of SEBI Listing Regulations
SILICON RENTAL SOLUTIONS LIMITEDIPO Listingneutralmateriality 3/10

28-02-2026

Silicon Rental Solutions Limited (formerly Silicon Rental Solutions Private Limited, CIN: L74999MH2016PLC272442, Scrip Code: 543615) has intimated BSE SME Platform about a scheduled group meeting with investors/analysts at the Bharat Connect Conference Rising Stars 2026 on March 06, 2026, from 12:00 PM to 1:00 PM. No unpublished price-sensitive information (UPSI) is intended to be discussed, and schedules may change due to exigencies. The disclosure is made pursuant to Regulation 30(6) of SEBI (LODR) Regulations, 2015.

  • ·Filing submitted to BSE SME Corporate Relationship Department.
  • ·Contact details: Pune Office (+91 90825 60851), Mumbai HO (+91 98200 86270), New Delhi Office.
  • ·Email: sales@silicongroup1.com
Subex LimitedIPO Listingnegativemateriality 4/10

28-02-2026

Subex Limited disclosed fines of ₹1.82 Lakh each (excluding GST) imposed by NSE and BSE on February 27, 2026, for non-compliance with SEBI LODR Regulations 17(1) and 19(1) on board composition and Nomination and Remuneration Committee following the unexpected cessation of three directors on September 29, 2025. The company noted the non-compliance was unintentional, with committees reconstituted using available members on September 30, 2025, and fully compliant NRC by December 25, 2025 upon inducting a new Independent Director; there is no material impact on financials or operations, and Subex is considering a waiver application.

  • ·Director cessations occurred on September 29, 2025, leading to interim NRC constitution on September 30, 2025.
  • ·New Independent Director inducted on December 25, 2025, enabling full NRC reconstitution.
Transindia Real Estate LimitedIPO Listingneutralmateriality 3/10

28-02-2026

Transindia Real Estate Limited (BSE: 543955, NSE: TREL) intimated BSE and NSE on February 28, 2026, regarding the newspaper publication of Postal Ballot Notice for resolutions to be passed via e-voting, as per Regulation 30 of SEBI (LODR) Regulations, 2015. The advertisement was published in The Free Press Journal (English) and Navshakti (Marathi) on the same date. No specific details on the resolutions were provided in the intimation.

  • ·Company CIN: L61200MH2021PLC372756
  • ·Registered Office: Floor, B-Wing, Allcargo House, CST Road, Kalina, Santacruz (E), Mumbai - 400 098
Ashima LimitedIPO Listingneutralmateriality 8/10

28-02-2026

Ashima Limited's Board of Directors, in a meeting held on February 28, 2026, approved the appointment of Mrs. Vanita Mathur as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP), effective March 1, 2026. Mrs. Mathur, who holds an MBA in Finance, has over 30 years of association with the Group, previously handling finance, operations, and management control at Ashima until June 30, 2020, and recently leading a Group real estate entity. She has no relationships with any Director or KMP.

  • ·Board meeting commenced at 11:46 a.m. and concluded at 11:52 a.m. on February 28, 2026.
  • ·Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 and SEBI Circular dated July 11, 2023 (updated January 30, 2026).
  • ·Company CIN: L99999GJ1992PLC005253; BSE Security Code: 514286; NSE Security Code: ASHIMASYN.
Delta Manufacturing LimitedIPO Listingneutralmateriality 3/10

28-02-2026

Delta Manufacturing Limited disclosed newspaper advertisements published on February 28, 2026, in Financial Express (English) and Loksatta (Marathi), informing shareholders of an Extra Ordinary General Meeting (EGM) scheduled for March 25, 2026, via Video Conference/Other Audio Visual Means with e-Voting facility. This complies with Regulations 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No financial or performance metrics were reported.

  • ·NSE Symbol: DELTAMAGNT
  • ·BSE Scrip Code: 504286
  • ·CIN: L32109MH1982PLC028280
  • ·Company Secretary ACS No.: 54631
UnknownIPO Listingneutralmateriality 2/10

28-02-2026

SHRI RAM FINANCE CORPORATION Pvt Ltd (977186) has provided intimation to BSE regarding payment of Interest and Principal in terms of Regulation 57(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is a compliance disclosure for listed non-convertible debt securities following IPO listing on February 28, 2026. No specific amounts, dates, or financial metrics were disclosed.

UnknownIPO Listingneutralmateriality 2/10

28-02-2026

SHRI RAM FINANCE CORPORATION Pvt Ltd (977187) IPO listing occurred on BSE on February 28, 2026, in the technology sector. The company provided intimation regarding payment of interest and principal in terms of Regulation 57(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No quantitative financial details, performance metrics, or comparisons are disclosed in the filing.

  • ·Event Type: IPO Listing
  • ·Source: BSE
  • ·Company Scrip Code: 977187
Shipping Corporation Of India LimitedIPO Listingmixedmateriality 3/10

28-02-2026

Shipping Corporation of India Limited (SCI) received fines of ₹5.43 lakh each (₹4.60 lakh base + 18% GST) from BSE and NSE on February 27, 2026, for non-compliance with Regulation 17(1) on board composition, totaling ₹10.86 lakh. The company states the penalty has no significant financial, operational, or other impact. As a Navratna PSU, SCI is coordinating with the Competent Authority for appointing independent directors, including a woman director, and plans to request waivers from the exchanges.

  • ·BSE email received at 1751 hours IST on 27.02.2026
  • ·NSE email received at 2217 hours IST on 27.02.2026
  • ·SCI BSE Scrip Code: 523598; NSE Trading Symbol: SCI
Tata Teleservices (Maharashtra) LimitedIPO Listingnegativemateriality 3/10

28-02-2026

Tata Teleservices (Maharashtra) Limited disclosed an order from Telecom Regulatory Authority of India (TRAI) dated February 27, 2026, imposing a financial disincentive of ₹9.12 Lakh for failure to curb Unsolicited Commercial Communications (UCC) through its network during the quarter ending March 2024. The company is reviewing the order and evaluating next steps, with the impact limited to the penalty amount. No other financial or operational disruptions were quantified.

  • ·Order received on February 27, 2026, at 11:44 am
  • ·Scrip Code: 532371, Scrip Symbol: TTML
  • ·Disclosure under Regulation 30 of SEBI Listing Regulations and SEBI Circular dated July 13, 2023
ICICI Lombard General Insurance Company LimitedIPO Listingpositivemateriality 8/10

28-02-2026

AM Best revised outlooks to positive from stable and affirmed ICICI Lombard's Financial Strength Rating (FSR) of B++ (Good), Long-Term Issuer Credit Rating (Long-Term ICR) of bbb+ (Good), and India National Scale Rating (NSR) of aaa.IN (Exceptional) with stable outlook, citing very strong balance sheet strength and strong operating performance with a five-year average ROE of 17.3% (FY2021-2025). The company reported higher net income in FY2025 versus prior year and resilient earnings in the first nine months of FY2026, holding an 8.7% market share as India's second-largest non-life insurer. However, ratings note offsets including lack of underwriting profitability (reliant on investment income) and significant exposure to contingent tax liabilities from ongoing disputes, though without material financial impact to date.

  • ·Market-leading positions in property/casualty, marine cargo, liability, and motor business lines; second in fire and engineering.
  • ·Neutral impact from affiliation with ICICI Bank Limited.
  • ·Investment portfolio of moderate risk due to equities and unrated fixed-income securities.
  • ·Press release received February 27, 2026; filing dated February 28, 2026.
Baazar Style Retail LimitedIPO Listingpositivemateriality 4/10

28-02-2026

Baazar Style Retail Limited announced the opening of a new Style Baazar store in Midnapore, West Bengal, on February 28, 2026, under Regulation 30 of SEBI LODR. This addition increases the company's total store count to 259. No financial impact or performance metrics were disclosed.

  • ·Scrip Code: 544243, Trading Symbol: STYLEBAAZA
  • ·CIN No: L18109WB2013PLC194160
Shipping Corporation of India Land and Assets LimitedIPO Listingmixedmateriality 4/10

28-02-2026

Shipping Corporation of India Land and Assets Limited (SCILAL) received fines of ₹9,77,040 each (total ₹19,54,080 including 18% GST on ₹8,28,000 base) from BSE and NSE on February 27, 2026, for non-compliances during the quarter ended December 31, 2025, related to board composition (Reg 17(1)), audit committee (Reg 18(1)), and nomination/remuneration committee (Reg 19(1)/19(2)). While the company states no significant financial or operational impact, it has constituted all statutory committees effective April 15, 2025, following the appointment of Prof. (Dr.) K. Jayaprasad as Independent Director, but full compliance awaits additional IDs as a PSU; SCILAL is requesting fine waivers from both exchanges.

  • ·BSE Scrip Code: 544142; NSE Trading Symbol: SCILAL
  • ·Non-compliances occurred during quarter ended 31.12.2025
  • ·Emails received: BSE on 27.02.2026 at 1751 hours IST; NSE at 2217 hours IST
  • ·SCILAL is a Public Sector Undertaking (PSU) coordinating with Competent Authority for Independent Directors
Britannia Industries LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Britannia Industries Limited received a GST order from the Joint Commissioner of CGST & Central Excise, Thane, demanding ₹2.12 Cr in tax and ₹4.25 Cr in penalty (total ₹6.37 Cr plus interest) for FY 2020-21 to FY 2023-24 due to alleged incorrect classification of goods. The company states there is no material impact on its financials or operations and plans to appeal the order. This disclosure is made pursuant to Regulation 30 of SEBI Listing Regulations.

  • ·Order pertains to alleged non-payment of tax due to incorrect classification of goods supplied for FY 2020-21 to FY 2023-24
  • ·Order received via email on 2 March 2026 at 10:14 A.M. IST
  • ·Authority: Joint Commissioner of CGST & Central Excise, Thane, located at 3 & 5 Floor, Accel House, Road No. 22, Wagle Industrial Estate, Thane 400604
Greenply Industries LimitedIPO Listingnegativemateriality 9/10

03-03-2026

Greenply Industries Limited disclosed that the Income Tax Department conducted a search and seizure operation at its registered office, manufacturing units, promoter's residence, executives' residences, and the manufacturing unit of its wholly owned subsidiary Greenply Sandila Private Limited, commencing on February 26, 2026, and concluding on March 2, 2026. The company extended full cooperation and provided all requested documents, with business operations continuing without any disruption. Financial impact cannot be quantified at this time.

  • ·Search covered registered office, few other locations including a manufacturing unit of the Company, manufacturing unit of Greenply Sandila Private Limited (WOS), residence of Promoter, and few Executives.
  • ·Scrip Code on BSE: 526797; Symbol on NSE: GREENPLY.
  • ·CIN: L20211WB1990PLC268743.
Britannia Industries LimitedIPO Listingnegativemateriality 4/10

03-03-2026

Britannia Industries Limited received a GST Order under Section 74 from the Joint Commissioner of CGST & Central Excise, Thane, for FY 2020-21 to FY 2023-24, alleging non-payment of tax due to incorrect classification of goods supplied. The Order quantifies tax demand at ₹2.12 Cr and penalty at ₹4.25 Cr, totaling ₹6.37 Cr plus applicable interest. The company states there is no material impact on financials or operations and intends to appeal the order.

  • ·Order received via email on 2 March 2026 at 10:14 A.M. IST
  • ·Authority: Joint Commissioner of CGST & Central Excise, Thane (3 & 5 Floor, Accel House, Road No. 22, Wagle Industrial Estate, Thane 400604)
  • ·Applies to FY 2020-21 to FY 2023-24
UnknownIPO Listingnegativemateriality 8/10

03-03-2026

Grihum Housing Finance Limited informed BSE Limited of the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Pankaj Rathi, effective on or before March 31, 2026. The company expressed gratitude for his contributions and stated it will seek a suitable replacement in due course. No reasons for the resignation were disclosed, which may raise concerns among investors regarding leadership stability.

  • ·Intimation under Regulation 51 read with Schedule III of SEBI (LODR) Regulations, 2015
  • ·Company Code on BSE: 10828
  • ·Filing Date: March 03, 2026
Persistent Systems LimitedIPO Listingneutralmateriality 5/10

03-03-2026

Persistent Systems Limited intimated that its step-down subsidiary, Persistent Telecom Solutions Inc., USA (turnover $4.04M USD, loss $12,955 USD as of March 31, 2025), merged into its wholly-owned subsidiary Persistent Systems Inc., USA (turnover $303.62M USD, profit $6.47M USD as of March 31, 2025), effective February 28, 2026, with certificate received March 3, 2026. The merger is for entity rationalization and operational efficiency and was conducted at arm's length, with the listed company not being a party.

  • ·Merger not a related party transaction for the listed company; no cash consideration or change in shareholding pattern of Persistent Systems Limited
  • ·Area of business for both entities: IT/ITES
Billionbrains Garage Ventures LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Billionbrains Garage Ventures Limited (Groww) has intimated BSE and NSE about upcoming investor/analyst meetings scheduled for March 9 & 10, 2026, at the J.P. Morgan India Forum in Singapore, in one-to-one and group formats. The schedule is subject to change, and no unpublished price sensitive information will be shared. This disclosure complies with Regulation 30 of SEBI LODR Regulations.

  • ·Scrip code: 544603
  • ·Symbol: GROWW
  • ·CIN: L72900KA2018PLC109343
  • ·Registered Office: Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No.16/1 and 17/2, Ambalipura Village, Varthur Hobli, Bellandur, Bangalore South, Karnataka, India, 560103
  • ·Website: www.groww.in
Dynamic Cables LimitedIPO Listingneutralmateriality 4/10

03-03-2026

Dynamic Cables Limited has intimated BSE and NSE under Regulation 30 of SEBI LODR about its officials participating in the Arihant Capital - Bharat Connect Conference: Rising Stars 2026 on March 9, 2026, virtually as a group investor/analyst meeting from 12:00 PM to 1:00 PM. No Unpublished Price Sensitive Information (UPSI) will be shared or discussed during the meeting. The information is available on the company's website www.dynamiccables.co.in.

  • ·Scrip Code: BSE-540795
  • ·Trading Symbol: DYCL
  • ·CIN: L31300RJ2007PLC024139
  • ·Registered Office: F-260, Road No.13, VKI Area, Jaipur-302013 (INDIA)
UnknownIPO Listingpositivemateriality 5/10

03-03-2026

UFLEX Limited appointed Mr. Rohit Kachroo as Executive Vice President (Packaging Business) and designated him as Senior Management Personnel effective March 2, 2026, in compliance with SEBI Regulation 30. Mr. Kachroo brings over 32 years of experience, including roles at Huhtamaki, Aptar, and Funi Seals in Thailand, with expertise in P&L responsibility and market development. No other changes or relationships with directors were disclosed.

  • ·Mr. Rohit Kachroo holds B.Tech (Mechanical) from PEC Punjab and MBA in Marketing and International Business from IIFT New Delhi.
  • ·Previous experience includes regional head roles with P&L responsibility in domestic and international markets.
  • ·Disclosure filed on March 3, 2026, to NSE and BSE (Scrip Codes: UFLEX and 500148).
Emami Paper Mills LimitedIPO Listingneutralmateriality 4/10

03-03-2026

The Board of Directors of Emami Paper Mills Limited, at its meeting on March 3, 2026, appointed Shri Sumit Jaiswal (ICSI Membership No. F9485) as Company Secretary & Compliance Officer (KMP) effective immediately, based on Nomination and Remuneration Committee recommendation. The board also authorized three KMPs—Shri Sushil Kumar Khetan (Whole-time Director & CEO), Shri Mukesh Kumar Agarwal (VP Finance & CFO), and Shri Sumit Jaiswal—for determining materiality of events and disclosures under Regulation 30(5) of SEBI LODR. Additionally, Shri Sumit Jaiswal was appointed as Nodal Officer for IEPF compliance.

  • ·Board meeting held on March 3, 2026, from 12:15 p.m. to 12:30 p.m.
  • ·Company registered office: Emami Tower, 687 Anandapur, E.M. Bypass, Kolkata - 700107.
  • ·CIN: L21019WB1981PLC034161
  • ·Contact: +91 33 6613 6264, emamipaper@emamipaper.com
Pennar Industries LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Pennar Industries Limited informed BSE and NSE about a scheduled in-person 1X1 plant visit by Equitree Capital Advisors Pvt. Ltd. at its Hyderabad facility on March 9, 2026, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The interaction will be based on publicly available information and will not involve any Unpublished Price Sensitive Information. The schedule is subject to change due to exigencies.

  • ·BSE Scrip Code: 513228
  • ·NSE Scrip Code: PENIND
  • ·Meeting mode: In-Person (1X1)
UFLEX LimitedIPO Listingpositivemateriality 5/10

03-03-2026

UFLEX Limited has appointed Mr. Rohit Kachroo as Executive Vice President (Packaging Business) and designated him as Senior Management Personnel effective March 2, 2026. Mr. Kachroo brings over 32 years of experience in packaging, including roles at Huhtamaki, Aptar, and Funi Seals, with expertise in P&L responsibility and market development. The appointment complies with SEBI Listing Regulations and was disclosed on March 3, 2026.

  • ·Mr. Rohit Kachroo holds B.Tech (Mechanical) from PEC Punjab and MBA in Marketing and International Business from IIFT New Delhi.
  • ·Previous roles involved regional head positions with P&L responsibility, developing new markets domestically and internationally.
  • ·No relationships disclosed between Mr. Kachroo and existing Directors.
Gujarat Kidney And Super Speciality LimitedIPO Listingneutralmateriality 6/10

03-03-2026

Mrs. Niki Paresh Tiwari, Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP), has tendered her resignation with immediate effect from March 2, 2026, to pursue better career opportunities outside the organization. The management has accepted the resignation and initiated the process to shortlist and appoint a successor within the prescribed timeline under SEBI (LODR) Regulations. No relationships with directors or other impacts were disclosed.

  • ·Resignation letter dated March 2, 2026; intimation to exchanges on March 2, 2026.
  • ·Company CIN: U85300GJ2019PLC111559; previously known as Gujarat Kidney And Superspeciality Private Limited and Vihaan Medicare Private Limited.
  • ·Stock code: 544666.
  • ·Registered office: Plot No.1, City Survey No.1537/A, Gokak Mill Compound, Jetalpur Road, Alkapuri, Vadodara - 390020, Gujarat, India.
KEI Industries LimitedIPO Listingneutralmateriality 3/10

03-03-2026

KEI Industries Limited has notified BSE and NSE of the cancellation of an Analyst/Institutional Investor Meet scheduled for March 9-10, 2026, in Singapore, organized by UBS Securities India Private Ltd., to be held in physical mode as one-on-one and group meetings. This follows an earlier intimation dated February 19, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015. No further details on reasons for cancellation or rescheduling were provided.

  • ·Corporate office: D-90, Okhla Industrial Area, Phase-1, New Delhi-110020
  • ·CIN: L74899DL1992PLC051527
  • ·Contact: Tel.: +91-11-26818840/8642/0242, Email: info@kei-ind.com, Website: www.kei-ind.com
NIIT Learning Systems LimitedIPO Listingneutralmateriality 2/10

03-03-2026

NIIT Learning Systems Limited disclosed that its step-down wholly owned subsidiary, MST UK Limited (through MST Holding GmbH, Germany), has been dissolved effective March 3, 2026, by Companies House, following an earlier intimation on December 9, 2025. The dissolution of the inoperative entity aims to streamline the corporate structure and has no impact on the company's financial statements, operations, or shareholding pattern of any subsidiaries.

  • ·Scrip Codes: BSE – 543952; NSE – NIITMTS
  • ·Dissolution pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
Prataap Snacks LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Prataap Snacks Limited has intimated about attending the 'Bharat Connect Conference: Rising Stars 2026' web conference organized by Arihant Capital Markets Limited on March 11, 2026. The company will be represented by Mr. Sumit Sharma, Chief Financial Officer. No unpublished price sensitive information will be shared, and the schedule is subject to change.

  • ·Security Code: 540724
  • ·Security ID/Symbol: DIAMONDYD
  • ·Company CIN: L15311MP2009PLC021746
  • ·Registered Office: Khasra No. 378/2, Nemawar Road, Near Makrand House, Palda, Indore, Madhya Pradesh - 452020
Prataap Snacks LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Prataap Snacks Limited has informed exchanges about attending the 'Bharat Connect Conference: Rising Stars 2026' web conference organized by Arihant Capital Markets Limited on March 11, 2026, represented by Mr. Sumit Sharma, Chief Financial Officer. The schedule is subject to change, and no unpublished price sensitive information will be shared. This intimation complies with Regulation 30 of SEBI LODR Regulations.

  • ·Security Code: 540724
  • ·Security ID: DIAMONDYD
  • ·Company CIN: L15311MP2009PLC021746
  • ·Registered Office: Khasra No. 378/2, Nemawar Road, Near Makrand House, Palda, Indore, Madhya Pradesh - 452020
UnknownIPO Listingneutralmateriality 3/10

03-03-2026

Ather Energy Limited disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, a schedule of upcoming investor/analyst meetings on March 06, 2026 (Nirmal Bang Institutional Equities Conference - Virtual), March 11, 2026 (Arihant Capital’s Bharat Connect Conference - Virtual), and March 16, 2026 (group meeting with sell-side analysts - Physical in Mumbai). The schedule is subject to change due to exigencies, and discussions will be based solely on publicly available information with no Unpublished Price Sensitive Information (UPSI) shared. A copy of the intimation is available on the company’s website under Investor Relations.

  • ·NSE Symbol: ATHERENERG; BSE Scrip Code: 544397
  • ·Puja Aggarwal Membership No: A49310
Ather Energy LimitedIPO Listingneutralmateriality 4/10

03-03-2026

Ather Energy Limited disclosed under Regulation 30 of SEBI LODR a schedule of upcoming investor/analyst meetings on March 6, 2026 (Nirmal Bang Institutional Equities Conference - Virtual), March 11, 2026 (Arihant Capital’s Bharat Connect Conference - Virtual), and March 16, 2026 (Group meeting with sell-side analysts in Mumbai - Physical). The schedule is subject to change, with discussions limited to publicly available information and no UPSI to be shared. The disclosure was made on March 3, 2026, by Puja Aggarwal, Company Secretary.

  • ·NSE Symbol: ATHERENERG
  • ·Scrip Code: 544397
  • ·Membership No: A49310
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Chatha Foods Limited released a revised transcript of their February 26, 2026, investor conference call, detailing their evolution from supplying ITC (2002-2008) and Indian Army to long-term QSR partners like Subway (since 2003), Domino's, and Taco Bell, with PAT doubling every year from FY22 to FY25 across 194+ SKUs and 30,800 MT annual capacity. They highlighted strong capacity utilization at 75-80% in the chicken facility, upcoming trials for new vegetarian and Allana (export) facilities targeting 25-50% initial utilization, and diversification into HoReCa and new QSRs/international brands. While QSR per-store demand has softened slightly, overall volumes remain stable due to store expansions, with no major sourcing risks.

  • ·Vendor qualification for global QSRs takes 3-6 months
  • ·Certifications: BRCs, FSSC
  • ·Historical supply to ITC: 2002-2008; Indian Army tenders ongoing selectively
  • ·Chicken plant trials complete; veg facility line trials by third week of March 2026; Allana under line trials
  • ·Expected capacity utilization ramp: chicken +5-10% next year; veg to 65%; Allana to 80% in subsequent years
Senores Pharmaceuticals LimitedIPO Listingneutralmateriality 5/10

03-03-2026

Senores Pharmaceuticals Limited issued a corporate guarantee up to USD 1,500,000 for additional credit facilities availed by its material subsidiary, Havix Group Inc. D/B/A Aavis Pharmaceuticals, from HDFC Bank Limited on March 03, 2026. The guarantee is at arm's length, with promoters having interest via directorship in the subsidiary, and is valid until closure of the facilities or their 10-year tenure, whichever is earlier. No immediate impact on the company beyond disclosure as a contingent liability.

  • ·Reference to prior intimation dated July 10, 2025.
  • ·Disclosure pursuant to Regulation 30 and SEBI Circular dated November 11, 2024.
  • ·BSE Scrip Code: 544319; NSE Symbol: SENORES.
  • ·CIN No.: L24290GJ2017PLC100263.
Share India Securities LimitedIPO Listingnegativemateriality 2/10

03-03-2026

Share India Securities Limited disclosed under Regulation 30 that Multi Commodity Exchange of India Limited (MCX) imposed a penalty of ₹1.04L (excluding GST) due to a higher Order-to-Trade Ratio from technical and market-related factors. The company received the communication on March 02, 2026, and states the penalty, levied in the normal course of stock broking operations, has no material impact on financials, operations, or other activities. Share India commits to addressing the issue while maintaining high compliance standards.

  • ·Penalty details pertain to stock broking operations as a member of NSE, BSE, MCX, NCDEX & MSEI.
  • ·Company is also a Depository Participant with CDSL & NSDL and AMFI Registered Mutual Fund Distributor.
Hero MotoCorp LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Hero MotoCorp Limited disclosed the schedule of an upcoming investor conference pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The company will participate in the JP Morgan India Forum on March 9, 2026, in Singapore, as an investor group meeting. The schedule is subject to change due to business exigencies.

  • ·NSE Scrip Code: HEROMOTOCO
  • ·BSE Scrip Code: 500182
UnknownIPO Listingneutralmateriality 4/10

03-03-2026

Hero MotoCorp Limited has disclosed the schedule of an upcoming investor conference pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The company will participate in the JP Morgan India Forum on March 9, 2026, in Singapore, categorized as an Investor Group Conference. The schedule is subject to change due to business exigencies.

  • ·NSE Scrip Code: HEROMOTOCO
  • ·BSE Scrip Code: 500182
UnknownIPO Listingnegativemateriality 7/10

03-03-2026

DIC India Limited disclosed receipt of a draft order dated March 2, 2026, from the Income Tax Department's Assessment Unit, resulting in an upward income adjustment of ₹3.84 Cr for FY 2022-23 (AY 2023-24) due to transfer pricing adjustments on various points. The company intends to file an appeal within the stipulated time, with no other financial or operational impact stated beyond potential additional tax liability. Separate penalty proceedings under section 270A for alleged under-reporting of income have been initiated.

  • ·Scrip Codes: BSE (500089), NSE (DICIND), Calcutta Stock Exchange (10013217)
  • ·CIN No.: L24223WB1947PLC015202
  • ·Order received on March 2, 2026, at 10:08 PM
Medi Assist Healthcare Services LimitedIPO Listingmixedmateriality 6/10

03-03-2026

Medi Assist Insurance TPA Private Limited, a material wholly-owned subsidiary of Medi Assist Healthcare Services Limited, concluded a GST search operation by the Maharashtra Department (Feb 16 to Mar 2, 2026) by paying ₹4.83 Cr for unpaid taxes and interest attributable to a supplier's non-compliance, plus interest on customer invoice holdbacks. The payment avoids penalties without prejudice to recovery rights, and operations continue uninterrupted. No material financial or operational impact is reported.

  • ·Search/inspection commenced on February 16, 2026, and closing submission made on March 2, 2026.
  • ·No order passed by the Department as of filing date.
  • ·Prior intimation disclosed on February 17, 2026.
Bhageria Industries LimitedIPO Listingmixedmateriality 4/10

03-03-2026

Bhageria Industries Limited received a voluntary closure direction from Maharashtra Pollution Control Board (MPCB) on March 2, 2026, for the Sulphonation section of its H Acid manufacturing unit at Plot No. D-17, MIDC Tarapur, Boisar, following an Oleum tank fall causing fume leakage and a temporary fog-like situation, with no injuries or casualties. The precautionary closure aims at safety, and the company will conduct a safety audit to obtain approvals from MPCB and DISH for resumption. No financial or material operational impact is expected.

  • ·Notice Reference: MPCB/ROT/VCD/134 dated 02.03.2026
  • ·Legal basis: Section 33A of Water (Prevention & Control of Pollution) Act, 1974 and Section 31A of Air (Prevention & Control of Pollution) Act, 1981
  • ·Location: Plot No. D-17, MIDC Tarapur Boisar Industrial Area, Boisar, Palghar – 401506
  • ·No penalty imposed
  • ·Scrip Code: 530803
UnknownIPO Listingpositivemateriality 7/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models and ML to estimate monthly sales from store images for underwriting trading businesses in tier 2+ cities, reducing manual fieldwork and improving credit decision speed and consistency for micro-MSMEs. The company, which established its Data Science and AI Unit in 2019 and received Google Capital investment in 2018, recently closed an IPO raising ₹1,010 Cr to strengthen its capital base. No declines or flat metrics reported in this tech-focused update.

  • ·Aye Finance founded operations solving micro-MSME credit challenges since 2014 as NBFC-ML
  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·Scrip Code: 544699, Symbol: AYE on BSE and NSE
Patanjali Foods LimitedIPO Listingnegativemateriality 4/10

03-03-2026

Patanjali Foods Limited disclosed under Regulation 30 that both its appeal and the Principal Commissioner's appeal against the GST Order-in-Original dated January 10, 2025, have been rejected by the Office of the Commissioner, CGST(Appeals), Meerut, upholding the original order dated January 29, 2026. The matter involves a GST demand of ₹44.82 L plus an equal penalty of ₹44.82 L, which the company states will have no material financial, operational, or other impact. The company plans to pursue further action before appellate authorities.

  • ·Previous intimations dated April 26, 2024; January 11, 2025; August 06, 2025
  • ·Order uploaded on GST portal: March 02, 2026
  • ·Authority: Office of the Commissioner, CGST(Appeals), Meerut; ADC, Central Goods and Service Taxes, Meerut; Principal Commissioner, CGST, Uttar Pradesh
Info Edge (India) LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Info Edge (India) Limited announced a one-on-one virtual meeting with Invesco Mutual Fund scheduled for March 9, 2026, to be attended by Mr. Hitesh Oberoi and Mr. Vineet Ranjan, pursuant to Regulation 30(6) of SEBI (LODR) Regulations, 2015. The company noted that the schedule may change and no unpublished price sensitive information will be shared. The latest investor presentation is available on the company's website.

  • ·Meeting mode: Virtual
  • ·Scrip details: NSE (NAUKRI), BSE (532777)
  • ·Investor presentation link: https://www.infoedge.in/InvestorRelations/corporate_Presentations
  • ·CIN: L74899DL1995PLC068021
UnknownIPO Listingneutralmateriality 3/10

03-03-2026

Premier Capital Services Limited's Board of Directors, in a meeting held on March 03, 2026, at Indore, appointed Mrs. Mansi Birla, a qualified Company Secretary (ICSI Membership No. A65090), as the Company Secretary and Compliance Officer effective March 03, 2026. The appointment complies with Regulation 30 of SEBI Listing Regulations, with no disclosed relationships to other directors. This is a routine administrative change with no financial impact disclosed.

  • ·Scrip Code: 511016; Scrip ID: PREMCAP
  • ·Director DIN: 00345241
  • ·ICSI Membership No. A65090
  • ·Meeting commenced at 05:00 P.M. and concluded at 05:25 P.M.
UnknownIPO Listingpositivemateriality 7/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models (MLLM) and ML for image-based underwriting of trading businesses, enabling sales estimation from store images to reduce costs and improve credit decisions for micro-MSMEs in tier 2+ cities. This innovation builds on their Data Science and AI Unit established in 2019 and prior Google Capital investment in 2018. The company recently closed an IPO raising ₹1,010 Cr, strengthening its capital base.

  • ·Aye Finance first NBFC to receive equity investment from Google Capital in 2018
  • ·Data Science and Artificial Intelligence Unit set up in 2019
  • ·Serving micro-MSME credit challenges since 2014 as NBFC-ML
UnknownIPO Listingpositivemateriality 7/10

03-03-2026

Aye Finance Limited has piloted an in-house Generative AI model using Multimodal Large Language Models (MLLM) and ML to estimate monthly sales of trading businesses like garment and grocery stores from store images, reducing manual fieldwork, cost-to-serve, and enhancing underwriting speed and consistency for micro-MSMEs in Tier 2+ cities. The company, which established its Data Science and AI Unit in 2019 and was the first NBFC to receive Google Capital equity investment in 2018, recently closed a successful IPO raising ₹1,010 Cr to strengthen its capital base. This innovation supports its mission since 2014 to provide working capital loans to underserved micro-entrepreneurs lacking formal records.

  • ·CIN: U65921DL1993PLC283660
  • ·Scrip Code: 544699, Symbol: AYE
  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·Operating as NBFC-ML since 2014
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models and ML to estimate monthly sales for trading businesses like garment and grocery stores directly from store images, reducing manual fieldwork, costs, and subjectivity in underwriting for micro-MSMEs in Tier 2+ cities. This innovation builds on the company's Data Science and AI Unit established in 2019 and its history as the first NBFC to receive Google Capital equity in 2018, enabling faster and more consistent credit decisions. The company recently closed an IPO raising ₹1,010 Cr, strengthening its capital base for serving 60 million micro-entrepreneurs lacking formal records.

  • ·Scrip Code: 544699, Symbol: AYE
  • ·CIN: U65921DL1993PLC283660
  • ·Operating as NBFC-ML since 2014
Info Edge (India) LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Info Edge (India) Limited has scheduled a virtual one-on-one meeting with Invesco Mutual Fund on March 9, 2026, with Mr. Hitesh Oberoi and Mr. Vineet Ranjan attending on behalf of the company. The disclosure is made pursuant to Regulation 30(6) of SEBI LODR, noting that no unpublished price sensitive information will be shared. The latest investor presentation is available on the company's website.

  • ·Meeting mode: Virtual
  • ·Scrip details: NSE (NAUKRI), BSE (532777)
  • ·Company CIN: L74899DL1995PLC068021
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models (MLLM) and ML to estimate monthly sales of trading businesses like garment and grocery stores directly from store images, reducing manual fieldwork, costs, and subjective judgments while speeding up underwriting for micro-MSMEs in Tier 2+ cities. This innovation builds on their Data Science and AI Unit established in 2019 and follows their recent IPO where they raised ₹1,010 Cr, strengthening their capital base as India's leading provider of loans to underserved MSMEs since 2014. No declines or flat metrics reported; the pilot enhances operational efficiency across the customer lifecycle.

  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·NBFC-ML status, offering loans secured against working assets or property
  • ·CIN: U65921DL1993PLC283660
  • ·Filing addresses regulatory dissemination to BSE (Scrip Code: 544699) and NSE (Symbol: AYE)
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models and ML to estimate monthly sales of trading businesses like garment and grocery stores directly from store images, reducing manual fieldwork, cost-to-serve, and enhancing underwriting speed and consistency for micro-MSMEs in tier 2+ cities. This innovation builds on their Data Science and AI Unit established in 2019 and their history as the first NBFC to receive equity from Google Capital in 2018. The company recently closed an IPO raising ₹1,010 Cr, bolstering its capital base as an NBFC-ML serving underserved segments since 2014.

  • ·Scrip Code: 544699; Symbol: AYE
  • ·CIN: U65921DL1993PLC283660
  • ·First NBFC to receive equity investment from Google Capital in 2018
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI and ML model for image-based underwriting of trading businesses, enabling faster and more consistent sales estimation for micro-MSMEs in tier 2+ cities while reducing manual fieldwork and cost-to-serve. The company, which received equity from Google Capital in 2018 and established its Data Science and AI Unit in 2019, recently closed its IPO raising ₹1,010 Cr to strengthen its capital base. No declines or flat metrics reported in operations.

  • ·Scrip Code: 544699, Symbol: AYE
  • ·Company CIN: U65921DL1993PLC283660
  • ·Operations since 2014 as NBFC-ML
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models and ML to estimate monthly sales of trading businesses like garment and grocery stores directly from store images, reducing manual fieldwork, costs, and subjectivity in underwriting for micro-MSMEs in Tier 2+ cities. This innovation builds on the company's Data Science and AI Unit established in 2019 and its history as the first NBFC to receive equity investment from Google Capital in 2018. Aye Finance, a Middle-Layer NBFC operating since 2014, recently closed an IPO raising ₹1,010 Cr to strengthen its capital base, targeting 60 million micro-entrepreneurs lacking formal records.

  • ·Company founded/operating since 2014 as Middle-Layer NBFC (NBFC-ML)
  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·Data Science and AI Unit set up in 2019
  • ·Filing date: March 3, 2026
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models (MLLM) and ML to estimate monthly sales for trading businesses like garment and grocery stores directly from store images, reducing manual fieldwork, standardizing underwriting, and lowering cost-to-serve for micro-MSMEs in Tier 2+ cities. This builds on their Data Science and AI Unit established in 2019 and prior Google Capital investment in 2018, enabling faster credit decisions for underserved segments lacking formal records. The company recently closed an IPO raising ₹1,010 Cr, bolstering its capital base as an NBFC-ML serving micro-entrepreneurs since 2014.

  • ·Operations as NBFC-ML since 2014
  • ·Equity investment from Google Capital in 2018
  • ·Data Science and AI Unit set up in 2019
  • ·CIN: U65921DL1993PLC283660
  • ·Scrip Code: 544699, Symbol: AYE
UnknownIPO Listingpositivemateriality 7/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models (MLLM) and ML to estimate monthly sales of trading businesses like garment and grocery stores directly from store images, reducing manual fieldwork, costs, and improving underwriting speed and consistency for micro-MSMEs in Tier 2+ cities. This innovation builds on their Data Science and AI Unit established in 2019 and prior equity investment from Google Capital in 2018. The company recently closed an IPO raising ₹1,010 Cr, bolstering its capital base as a Middle-Layer NBFC focused on underserved segments since 2014.

  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·Data Science and AI Unit set up in 2019
  • ·Solving credit challenges for micro-MSMEs since 2014
  • ·Scrip Code: 544699; Symbol: AYE
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models and ML to estimate monthly sales for trading businesses like garment and grocery stores directly from store images, reducing manual fieldwork, costs, and subjectivity in underwriting for micro-MSMEs in Tier 2+ cities. This innovation builds on their Data Science and AI Unit established in 2019 and prior Google Capital investment in 2018, enabling faster, standardized credit decisions. The company, an NBFC-ML serving the sector since 2014, recently closed an IPO raising ₹1,010 Cr to strengthen its capital base.

  • ·Scrip Code: 544699, Symbol: AYE
  • ·CIN: U65921DL1993PLC283660
  • ·Operations as NBFC-ML since 2014
  • ·Equity investment from Google Capital in 2018
  • ·AI Unit set up in 2019
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI and ML model for image-based underwriting of trading businesses, enabling sales estimation from store images to reduce cost-to-serve and manual fieldwork for micro-MSMEs in tier 2+ cities. This innovation builds on their Data Science and AI Unit established in 2019 and first Google Capital investment in 2018. The company recently closed an IPO raising ₹1,010 Cr, bolstering its capital base as an NBFC-ML serving underserved segments since 2014.

  • ·CIN: U65921DL1993PLC283660
  • ·Scrip Code: 544699, Symbol: AYE
  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·Serving micro-MSME credit challenges since 2014 as NBFC-ML
UnknownIPO Listingpositivemateriality 7/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI and ML model for image-based underwriting of trading businesses, estimating monthly sales from store images to reduce manual fieldwork and cost-to-serve for micro-MSMEs in tier 2+ cities. This innovation builds on their Data Science and AI Unit established in 2019 and first Google Capital investment in 2018. The company recently closed an IPO raising ₹1,010 Cr, strengthening its capital base.

  • ·Company founded/solving credit challenges since 2014 as NBFC-ML
  • ·Equity investment from Google Capital in 2018
  • ·Data Science and AI Unit set up in 2019
  • ·Scrip Code: 544699, Symbol: AYE
UnknownIPO Listingpositivemateriality 7/10

03-03-2026

Aye Finance Limited announced a successful pilot of an in-house Generative AI model using Multimodal Large Language Models and ML to estimate monthly sales for trading businesses from store images, reducing manual fieldwork and cost-to-serve for micro-MSMEs in tier 2+ cities. This innovation builds on their Data Science and AI unit set up in 2019 and prior equity investment from Google Capital in 2018, enabling faster and more consistent underwriting. The company recently closed an IPO raising ₹1,010 Cr, strengthening its capital base as an NBFC-ML serving underserved segments since 2014.

  • ·CIN: U65921DL1993PLC283660
  • ·Scrip Code: 544699
  • ·Symbol: AYE
  • ·Founded credit solutions for sector since 2014
  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·AI unit set up in 2019
UnknownIPO Listingpositivemateriality 7/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI and ML model for image-based underwriting of trading businesses, enabling sales estimation from store images to reduce cost-to-serve and manual fieldwork for micro-MSMEs in tier 2+ cities. This innovation builds on their Data Science and AI Unit established in 2019 and first Google Capital investment in 2018. The company recently closed its IPO, raising ₹1,010 Cr to strengthen its capital base.

  • ·Company CIN: U65921DL1993PLC283660
  • ·Scrip Code: 544699, Symbol: AYE
  • ·Operations solving credit challenges since 2014 as NBFC-ML
UnknownIPO Listingpositivemateriality 7/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models and ML to estimate monthly sales of trading businesses like garment and grocery stores directly from store images, reducing manual fieldwork, costs, and subjectivity in underwriting for micro-MSMEs in Tier 2+ cities. This innovation builds on their Data Science and AI Unit established in 2019 and prior Google Capital investment in 2018, enabling faster, standardized credit decisions. The company recently closed its IPO, raising ₹1,010 Cr to strengthen its capital base.

  • ·Scrip Code: 544699, Symbol: AYE
  • ·CIN: U65921DL1993PLC283660
  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·Solving credit challenges for micro-MSMEs since 2014
  • ·NBFC-ML status
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models (MLLM) and ML to estimate monthly sales from store images for underwriting trading businesses in tier 2+ cities, reducing manual fieldwork and costs while improving speed and consistency. This innovation builds on their Data Science and AI Unit established in 2019 and first Google Capital investment in 2018. The company recently closed an IPO raising ₹1,010 Cr, strengthening its capital base as an NBFC-ML serving micro-MSMEs since 2014.

  • ·Scrip Code: 544699, Symbol: AYE
  • ·CIN: U65921DL1993PLC283660
  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·AI Unit set up in 2019
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI and ML model for image-based underwriting of trading businesses, enabling sales estimation from store images to reduce 'cost-to-serve' and manual fieldwork for micro-MSMEs in tier 2+ cities. This innovation, built on their Data Science and AI Unit established in 2019, standardizes credit decisions and supports expansion to other sectors. The company recently closed its IPO, raising ₹1,010 Cr to strengthen its capital base.

  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·Operating as Middle-Layer NBFC-ML since 2014
UnknownIPO Listingpositivemateriality 8/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models (MLLM) and ML to estimate monthly sales for trading businesses like garment and grocery stores directly from store images, reducing manual fieldwork, costs, and subjective judgments while speeding up underwriting for micro-MSMEs in tier 2+ cities. The innovation builds on the company's Data Science and AI Unit established in 2019 and its position as the first NBFC to receive equity from Google Capital in 2018. Aye Finance, a Middle-Layer NBFC since 2014 offering working capital and expansion loans, recently strengthened its capital base by raising ₹1,010 Cr through a successful IPO.

  • ·CIN: U65921DL1993PLC283660
  • ·Scrip Code: 544699; Symbol: AYE
  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·AI Unit set up in 2019
  • ·Operating as Middle-Layer NBFC-ML since 2014
UnknownIPO Listingpositivemateriality 7/10

03-03-2026

Aye Finance Limited has successfully piloted an in-house Generative AI model using Multimodal Large Language Models (MLLM) and ML to estimate monthly sales of trading businesses like garment and grocery stores directly from store images, reducing manual fieldwork, costs, and subjective judgments while speeding up underwriting for micro-MSMEs in Tier 2+ cities. The innovation builds on the company's Data Science and AI Unit established in 2019 and its history as the first NBFC to receive Google Capital equity in 2018. Aye Finance recently closed an IPO raising ₹1,010 Cr, strengthening its capital base for tailored working capital and expansion loans.

  • ·CIN: U65921DL1993PLC283660; Scrip Code: 544699; Symbol: AYE
  • ·First NBFC to receive equity investment from Google Capital in 2018
  • ·Lending to micro-MSMEs as NBFC-ML since 2014
Patanjali Foods LimitedIPO Listingmixedmateriality 4/10

03-03-2026

Patanjali Foods Limited disclosed under Regulation 30 that the Office of the Commissioner, CGST (Appeals), Meerut rejected both the company's appeal and the Principal Commissioner's appeal, upholding the original GST demand order dated January 10, 2025. The upheld demand includes tax of ₹44.82 L and penalty of ₹44.82 L, totaling ₹89.64 L. The company states no expected financial liability beyond this amount, no impact on operations, and plans to appeal further.

  • ·Order-in-Appeal dated January 29, 2026 (uploaded on GST portal March 02, 2026)
  • ·Original order by ADC, Central Goods and Service Taxes, Meerut dated January 10, 2025
  • ·Previous intimations: April 26, 2024; January 11, 2025; August 06, 2025
Bhageria Industries LimitedIPO Listingnegativemateriality 6/10

03-03-2026

Bhageria Industries Limited disclosed receiving a voluntary closure direction from Maharashtra Pollution Control Board (MPCB) on March 2, 2026, for the Sulphonation section of its H Acid manufacturing unit at Plot No. D-17, MIDC Tarapur, Boisar, following an incident where a measuring tank containing Oleum fell, causing leakage and fumes spread, with no injuries reported. The precautionary closure under Sections 33A and 31A of pollution control acts has no financial or material impact, and the company will conduct a safety audit to obtain approvals from MPCB and DISH. Operations remain compliant otherwise, with updates to follow.

  • ·Notice reference: MPCB/ROT/VCD/134 dated 02.03.2026
  • ·Incident created temporary fog-like situation but no casualty
  • ·No penalty imposed, only voluntary closure as precautionary measure
UnknownIPO Listingneutralmateriality 3/10

03-03-2026

Vedanta Limited disclosed 'Insights by Vedanta' under Regulation 30 of SEBI (LODR) Regulations, 2015, providing updates for February 2026. The document is enclosed with the filing and available on the company's website at www.vedantalimited.com. No specific financial or operational metrics were detailed in the disclosure.

Zaggle Prepaid Ocean Services LimitedIPO Listingneutralmateriality 3/10

03-03-2026

Zaggle Prepaid Ocean Services Limited has intimated stock exchanges under Regulation 30 of SEBI LODR about scheduled analyst and institutional investor meetings on March 09, 2026, starting 9:00 am IST in Mumbai, organized by Investec in physical 1x1/group format. The company will refer only to publicly available documents, with no UPSI to be discussed. The schedule is subject to change due to exigencies.

  • ·Company symbols: ZAGGLE (NSE), 543985 (BSE)
  • ·Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
Innova Captab LimitedIPO Listingneutralmateriality 4/10

03-03-2026

Innova Captab Limited informed BSE and NSE about scheduled analyst/institutional investor meetings starting Monday, March 9, 2026, at 10:00 AM IST in Mumbai, involving 1x1/group interactions with Investec in physical mode. Discussions will rely exclusively on publicly available information, with no unpublished price-sensitive information (UPSI) to be shared. The schedule remains subject to potential changes due to exigencies.

  • ·BSE Symbol: INNOVACAP, Scrip Code: 544067
  • ·NSE Symbol: INNOVACAP
  • ·Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (LODR) Regulations, 2015
Share India Securities LimitedIPO Listingnegativemateriality 3/10

03-03-2026

Share India Securities Limited disclosed under Regulation 30 of SEBI LODR that Multi Commodity Exchange of India Limited (MCX) imposed a penalty of ₹1,03,752 (excluding GST) due to a higher Order-to-Trade Ratio from technical and market-related factors. The communication was received on March 02, 2026, and the company stated it has no material impact on financials, operations, or other activities. The firm affirmed commitment to compliance standards and plans to address the issue.

  • ·Penalty levied in normal course of stock broking operations
  • ·Scrip Codes: 540725 / 976824 / 976825 / 977430; Symbol: SHAREINDIA
  • ·Filing date: March 03, 2026
CHATHA FOODS LIMITEDIPO Listingmixedmateriality 8/10

03-03-2026

Chatha Foods Limited, supplier to QSRs like Domino's, Subway, and Taco Bell with 194+ SKUs across flatbreads, gravies, snacks, and meat products, has doubled PAT every year from FY22 to FY25, supported by three manufacturing plants with total capacity over 30,800 MT/year currently at 75-80% utilization in the chicken facility. Management highlighted expansions into new vegetarian facility (target 25-30% utilization next year) and Allana facility (50% soon, up to 80%), alongside re-entry into HoReCa and exports. However, past relationships like ITC (ended 2008 as ready-to-eat segment didn't take off) and Indian Army (tenders competitive post-2018-19) tapered, and while overall QSR demand holds with store expansions, per-store demand has dipped slightly.

  • ·Subway relationship since 2003 (23 years)
  • ·ITC supply from 2002-2008 for Kitchens of India ready-to-eat products
  • ·Indian Army supply up to 2018-19, ongoing tender participation
  • ·Vendor qualification time: 3-6 months
  • ·KFC onboarding delayed due to Devyani-Sapphire merger, PVR Cinemas at final stage
  • ·Veg facility line trials by third week of March 2026
  • ·Certifications: BRC, previously FSSC
UnknownIPO Listingmixedmateriality 5/10

03-03-2026

MPS Pharmaa Limited's Board approved the permanent retrenchment of 10 factory workers at its Haryana manufacturing facility on March 03, 2026, as part of workforce rationalization for diversifying into Ayurvedic, Unani, Homeopathic medicines, drugs, and Nutraceutical products, a plan previously intimated on September 02, 2025. While this shift targets growing demand for natural healthcare solutions and requires specialized skills, it involves layoffs effective April 02, 2026, with expected optimization of employee-related costs. The process complies with The Industrial Relations Code, 2020.

  • ·Board meeting: March 03, 2026, 04:00 P.M. to 05:45 P.M. at Corporate Office, 703 Arunachal Building, 19 Barakhamba Road, Connaught Place, New Delhi – 110001
  • ·Manufacturing facility: 138 Roz-Ka-Meo Industrial Area, Sohna – 122103 (Distt. Mewat), Haryana
  • ·CIN: L74899HR1994PLC038300
  • ·Scrip codes: BSE 531686, ASE 01636 (ADVIK LABO)
UnknownIPO Listingneutralmateriality 3/10

03-03-2026

Premier Capital Services Limited's Board of Directors, at its meeting on March 3, 2026, appointed Mrs. Mansi Birla (Membership No. A65090) as Company Secretary and Compliance Officer effective the same date. Mrs. Birla is an Associate Member of the Institute of Company Secretaries of India with experience in Companies Act, Listing Regulations, and allied laws. The appointment complies with Section 203 of the Companies Act, 2013 and Regulation 6(1) of SEBI LODR Regulations, 2015.

  • ·Scrip Code: 511016
  • ·Scrip ID: PREMCAP
  • ·Disclosure under Regulation 30 of SEBI LODR Regulations, 2015
UnknownIPO Listingneutralmateriality 4/10

03-03-2026

RR Financial Consultants Limited informed BSE about the conversion of its subsidiary, RR Investors Capital Services Private Limited, into an unlisted public limited company named RR Investors Capital Services Limited, effective March 3, 2026, following approval by the Registrar of Companies. The change is intended to enhance governance, transparency, and enable easier access to capital markets with potential listing plans. No impact on shareholding pattern, as the subsidiary remains under RR Financial Consultants Limited's control.

  • ·Corporate Identity Number: U67120DL2000PLC107923
  • ·Original incorporation date: September 27, 2000
  • ·Earlier intimation date: August 5, 2025
  • ·Subsidiary address: 412-422, 4th Floor, Indraprakash Building, 21 Barakhamba Road, New Delhi - 110005
International Travel House LtdIPO Listingneutralmateriality 3/10

03-03-2026

International Travel House Ltd informed BSE Limited of an updated list of authorised persons for determining materiality of events/information under its Materiality Policy, following the change in Chief Financial Officer effective March 3, 2026. The authorised persons are Company Secretary & Compliance Officer Abhishek Chawla, Chief Financial Officer Sidharth Shah, and Managing Director Ashwin Moodliar, with any two jointly authorised for disclosures. Contact details have been enclosed and uploaded on the company's website www.internationaltravelhouse.in.

  • ·Update follows letter dated 2nd March, 2026 regarding CFO change
  • ·Contact details: Abhishek Chawla (01147662205, abhishek.chawla@ith.co.in); Sidharth Shah (01147662202, sidharth.shah@ith.co.in); Ashwin Moodliar (01147662201, ashwin.moodliar@ith.co.in)
Zaggle Prepaid Ocean Services LimitedIPO Listingneutralmateriality 4/10

03-03-2026

Zaggle Prepaid Ocean Services Limited informed NSE and BSE about scheduled analyst/institutional investor meetings on March 09, 2026, starting at 9:00 am IST in Mumbai, organized by Investec in physical 1x1/group format. The company will refer only to publicly available documents, with no unpublished price sensitive information (UPSI) to be discussed. The schedule is subject to change due to exigencies.

  • ·Company Symbol: ZAGGLE
  • ·BSE Scrip Code: 543985
  • ·Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
Power & Instrumentation (Gujarat) LimitedIPO Listingpositivemateriality 6/10

03-03-2026

The Board of Directors of Power & Instrumentation (Gujarat) Limited approved the allotment of 1,73,530 equity shares of ₹10 each at a premium of ₹73.75 per share, pursuant to the conversion of an equivalent number of convertible warrants issued to non-promoters. This increased the company's paid-up equity capital from ₹19.31 Cr (1,93,12,900 shares) to ₹19.49 Cr (1,94,86,430 shares). The board meeting was held on March 03, 2026, at the registered office in Ahmedabad.

  • ·Allotment to non-promoters under SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018.
  • ·Scrip Code: 543912; Symbol: PIGL.
  • ·Board meeting from 04:00 P.M. to 05:30 P.M. at B-1104, Sankalp Iconic, Opp. Vikram Nagar Iscon, Temple Cross Road, S.G. Highway, Ahmedabad-380054, Gujarat.
IFGL Refractories LimitedIPO Listingneutralmateriality 4/10

03-03-2026

IFGL Refractories Limited announced the opening of a one-year Special Window from February 5, 2026, to February 4, 2027, for transfer and dematerialization of physical equity shares sold or purchased prior to April 1, 2019, pursuant to SEBI Circular dated January 30, 2026. The window applies to unlodged original transfer requests or those rejected due to deficiencies, with transferred shares subject to a one-year lock-in period post-registration. Shareholders are directed to contact RTA Maheshwari Datamatics Pvt Ltd or Company Secretary Mansi Damani for assistance.

  • ·Applicable to shares with transfer requests not lodged or rejected before April 1, 2019.
  • ·Shares credited only in dematerialized form to transferee's account.
  • ·RTA contact: 23, R N Mukherjee Road, 5th Floor, Kolkata-700001; Tel: +91 33 22482248/22435809; Email: contact@mdplcorporate.com.
  • ·Company contact: Tel: +91 33 40106139; Email: investorcomplaints@ifgl.in, mansi.damani@ifgl.in.
  • ·CIN: L51909OR2007PLC027954; NSE Code: IFGLEXPOR; BSE Code: 540774.
IFGL Refractories LimitedIPO Listingneutralmateriality 3/10

03-03-2026

IFGL Refractories Limited disclosed the opening of a one-year Special Window from February 5, 2026, to February 4, 2027, for transfer and dematerialization of physical equity shares sold or purchased prior to April 1, 2019, following SEBI Circular dated January 30, 2026. The window applies to unlodged original transfer requests or those rejected due to deficiencies, with transferred shares credited in demat form subject to a one-year lock-in. Shareholders are directed to contact RTA Maheshwari Datamatics Pvt Ltd or Company Secretary Mansi Damani for assistance.

  • ·CIN: L51909OR2007PLC027954
  • ·SEBI Circular No.: HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026
  • ·NSE Code: IFGLEXPOR; BSE Code: 540774
  • ·RTA Contact: 23, R N Mukherjee Road, 5th Floor, Kolkata-700001, Tel: +91 33 22482248/22435809, Email: contact@mdplcorporate.com
DSM Fresh Foods LimitedIPO Listingneutralmateriality 3/10

03-03-2026

DSM Fresh Foods Limited (formerly DSM Fresh Foods Private Limited, operating as Zappfresh.com) has intimated the resignation of its Secretarial Auditor, Ms. Surbhi Bansal (Membership No. 36448), effective March 03, 2026, due to pre-occupation with other assignments for FY 2025-26. The company has provided details as required under Regulation 30 of SEBI LODR Regulations and related circulars. No adverse reasons were cited in the resignation.

  • ·Resignation letter addressed to the Board of Directors, with no objection to appointing a replacement.
  • ·Secretarial Auditor's address: (A)9, F-Block, NIT-3, Faridabad, Haryana-121001; Email: cssurbhibansal@gmail.com.
  • ·Company CIN: U52203DL2015PLC280514; Address: 115-116, 1st Floor, Vishal Tower, District Centre, Janakpuri, New Delhi-110058.
  • ·BSE Scrip Code: 544568; Scrip ID: ZAPPFRESH.

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