India NCLT Insolvency Resolution Filings — March 03, 2026

28-02-2026

The National Company Law Tribunal (NCLT), Kolkata Bench, approved the Scheme of Amalgamation of Mal Metalliks Private Limited (step-down wholly owned subsidiary) and Multitech Auto Private Limited (wholly owned subsidiary) with Ramkrishna Casting Solutions Limited (formerly JMT Auto Limited, wholly owned subsidiary) of Ramkrishna Forgings Limited, effective from the Appointed Date of January 1, 2024. The order was pronounced on February 27, 2026, following board approvals on February 16, 2024, and April 7, 2025, with the scheme expected to become effective upon filing the certified copy with the Registrar of Companies, Kolkata. The amalgamation aims to achieve synergies, cost efficiencies, streamlined operations, and better resource utilization without any reported drawbacks.

• ·BSE Scrip Code: 532527; NSE Symbol: RKFORGE
• ·CINs: Mal Metalliks (U27109WB2005PTC102386), Multitech Auto (U34102WB2004PTC215505), Ramkrishna Casting Solutions (U42274WB1997PLC277411)
• ·Prior intimation dated November 07, 2025; NCLT petition heard January 22, 2026
• ·Parent acquired transferor companies via share purchase agreement July 21, 2023; transferee via IBC resolution plan order August 21, 2023 from NCLT New Delhi
• ·Valuation report dated February 15, 2024; Statutory auditor certificate April 12, 2025
• ·Meetings of shareholders/creditors dispensed with per order September 3, 2025; petition admitted October 7, 2025

28-02-2026

Sayaji Hotels (Indore) Limited informed BSE on February 28, 2026, that Ujaas Energy Limited has filed an application to withdraw its Section 9 IBC insolvency petition, originally intimated on August 21, 2025, following execution of a Settlement Deed referenced in a February 27, 2026 intimation. The NCLT Indore Bench order for withdrawal and dismissal of the petition is awaited, with the company committing to further updates on outcomes.

• ·Petition filed under Section 9 of Insolvency and Bankruptcy Code, 2016 before NCLT Indore Bench.
• ·Withdrawal application under Rule 8 of Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 read with Rule 11 of NCLT Rules, 2016.

03-03-2026

Mahindra & Mahindra Ltd. secured its biggest ever export order for 35,000 units of Single-Cab Scorpio Pik Up LCVs to be delivered to Agrinas Pangan Nusantara in Indonesia in 2026, surpassing the company's total FY25 export volumes and supported by advance payment received. The company clarified that it has received no communication regarding any suspension of the order despite a March 1, 2026 news report, stating the prior announcement was not material under SEBI regulations. This partnership aids Indonesia's Koperasi Desa/Kelurahan Merah Putih (KDKMP) project for rural logistics.

• ·Order announced via press release on February 4, 2026
• ·Clarification filing dated March 3, 2026 in response to exchange query on March 2, 2026 news item dated March 1, 2026
• ·Vehicles to be manufactured at Nashik Plant
• ·Mahindra Group founded in 1945, operates in over 100 countries

03-03-2026

Delhivery Limited's Nomination and Remuneration Committee approved the grant of 31,300 stock options under the Delhivery Employees Stock Option Plan 2012 (ESOP 2012) to eligible employees, with effect from March 1, 2026. The options are convertible into 31,300 equity shares of face value Re. 1 each at an exercise price of Re. 1 per share, vesting over 4 years. No options have been exercised, lapsed, or resulted in any dilution to earnings per share as of this disclosure.

• ·Vesting schedule: 10% after 12 months, 30% after 24 months from grant date, remaining at 15% every 6 months thereafter over 4 years.
• ·Options exercisable from vesting dates until employee cessation.
• ·Adjustments for corporate actions (e.g., rights issue, bonus, merger) as per ESOP terms; allotted shares rank pari passu with existing equity and have no lock-in.

03-03-2026

Oil and Natural Gas Corporation Limited (ONGC) disclosed that the Ministry of Petroleum and Natural Gas, Govt. of India, has entrusted the additional charge of Director (Strategy & Corporate Affairs) to Shri Vikram Saxena, Director (Technology & Field Services), effective from 01.03.2026 for three months or until the appointment of a regular incumbent or further orders, whichever is earliest. This is in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

• ·DIN: 10892368
• ·Ministry letter no. CA-31011/2/2026-CA-PNG (55193) dated 03.03.2026

03-03-2026

Infosys and Intel announced the next phase of their strategic collaboration to enable enterprises to scale AI from pilots to production, integrating Intel’s high-performance compute platforms (Xeon processors, Gaudi AI accelerators, AI PCs) with Infosys Topaz Fabric for secure, cost-efficient deployments across industries. The partnership emphasizes co-innovation on AI workloads, data integration, and advanced AI agents for mission-critical use cases like IT operations and automation. Infosys, with over 330,000 employees serving clients in 63 countries, aims to institutionalize AI responsibly in enterprise operations.

• ·Press release dated March 03, 2026, hosted on www.infosys.com
• ·References Annual Report on Form 20-F for fiscal year ended March 31, 2025

03-03-2026

Adani Ports and Special Economic Zone Limited has intimated exchanges about an upcoming in-person interaction with investors/analysts on March 9, 2026, at the ICICI Securities Annual Investor Conference in Seoul, South Korea. The meeting is pursuant to Regulation 30 of SEBI LODR and is subject to potential changes due to exigencies.

• ·Scrip Code: 532921 (BSE), ADANIPORTS (NSE)
• ·Ref No: APSEZL/SECT/2025-26/148
• ·CIN: L63090GJ1998PLC034182