India NCLT Insolvency Resolution Filings — March 18, 2026

18-03-2026

Reliance Industries Limited received an order dated March 16, 2026, from the Additional Commissioner of Customs, Mundra, imposing a redemption fine and penalty of ₹17.07 L for alleged incorrect classification of imported goods in the Bill of Entry, resulting in lower customs duty discharge. The company intends to appeal the order, with financial impact limited to the fine and penalty amount and no effect on operations or other activities.

• ·Order received by email on March 17, 2026, at 09:49 a.m. IST
• ·Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

18-03-2026

The 21st Committee of Creditors (COC) meeting of Bloom Dekor Limited, undergoing CIRP, was held on March 11, 2026, with all key resolutions approved unanimously (100% majority), including authorization for the Resolution Professional to seek 120-day CIRP extension and exclusion of litigation period from NCLAT order dated January 13, 2026, plus ratification of CIRP costs such as ₹83.40 Lakh for running the company as a going concern. Resolution Applicants were granted extension to submit revised plans by March 16, 2026, subject to NCLT approval. CS Tushar Dineshbhai Donda resigned effective November 19, 2024.

• ·Filing disclosed under Regulation 30(2) read with SEBI LODR Schedule III
• ·RP IBBI Registration No. IBBI/IPA-001/IP-P00185/2017-18/10364, valid upto June 30, 2027
• ·CIN: L20210GJ1992PLC017341

18-03-2026

Quadrant Televentures Limited (SCRIP CODE: 511116), under Corporate Insolvency Resolution Process (CIRP) since NCLT order dated September 2, 2025, has informed BSE Limited about the convening of its Seventh Committee of Creditors meeting on March 20, 2026. This disclosure is pursuant to Regulation 30 and Schedule III of SEBI LODR Regulations, 2015, under Section 7 of the Insolvency and Bankruptcy Code, 2016. No financial outcomes or resolutions from prior meetings are detailed.

• ·Scrip Code: 511116
• ·NCLT admission to CIRP: September 2, 2025

18-03-2026

ICICI Bank Limited fully redeemed USD 800,000,000 principal notes under its Global Medium Term Note Programme (GMTN Programme), along with USD 16,000,000 in accrued interest, for a total payment of USD 816,000,000 on March 18, 2026. The notes carried ISINs US45112FAJ57 and US45112EAG44. This redemption fulfills scheduled maturity obligations with no reported deviations.

• ·Disclosure made pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• ·Copy of notice sent to NYSE, Japan Securities Dealers Association, Singapore Stock Exchange, and SIX Swiss Exchange Ltd.

18-03-2026

Infosys Limited has been recognized by Ethisphere as one of the 2026 World’s Most Ethical Companies® for the sixth consecutive year, placing it among 138 honorees across 17 countries and 40 industries in the Technology sector. The award is based on the Ethics Quotient® evaluation covering over 240 proof points on ethics, compliance, ESG practices, diversity, and value chain initiatives. Infosys, with over 330,000 employees serving clients in 63 countries, emphasized its commitment to governance, ethical conduct, and responsible practices amid digital transformation powered by AI.

• ·Recognition announced on March 18, 2026, and hosted on www.infosys.com
• ·Evaluation includes corporate governance, risk assessment, third-party risk management, and environmental & social impact

18-03-2026

ICRA placed InterGlobe Aviation Limited's (IndiGo) long-term bank facilities rating of [ICRA]AA on watch with Negative Implications due to geopolitical tensions in West Asia, sharp crude oil price rise to $102-105/bbl, 8% YTD INR depreciation, and flight disruptions impacting 30% of capacity, while reaffirming short-term ratings at [ICRA]A1+. Despite pressures, IndiGo maintains a dominant 64% domestic market share, strong liquidity with ₹36,945 Cr free cash as of Dec 31, 2025, and a fleet of 440 aircraft. Q3 FY2026 results showed profitability pressures with 9MFY2026 PAT at just ₹143 Cr (PAT/OI 0%), down sharply from FY2025's ₹7,258 Cr.

• ·Long-term ratings history: upgraded from [ICRA]AA- (Jul 2025) but now on watch with Negative Implications.
• ·International capacity exposure: 60-65% to/through Middle East.
• ·Shareholding: InterGlobe Enterprises 35.7%, Rakesh Gangwal/family trust 5.9%, public 58.4% as of Dec 31, 2025.
• ·Fleet composition: 86 owned/finance leased, 338 operating leased, 16 damp leased as of Dec 31, 2025.

18-03-2026

Bondada Engineering Limited, through its subsidiary Bondada Dynamics Private Limited, has secured its first purchase order in the defence segment from Bharat Electronics Limited (BEL) for the supply of critical components valued at ₹35.7L, to be executed within 3 months from receipt. This marks a strategic entry into the high-growth defence sector, aligning with the company's diversification goals. No promoter/promoter group interest or related party transactions are involved.

• ·Order awarded by domestic entity (BEL, Karnataka).
• ·No interest from promoter/promoter group or group companies in the awarding entity.
• ·Order does not fall within related party transactions.

18-03-2026

Tata Consultancy Services (TCS) and Pearson have announced a multi-year partnership to integrate AI-powered learning, assessment, and TCS iON platforms to help enterprises build future-ready workforces. The collaboration includes co-developing AI-led products, integrating Pearson's Versant assessment into TCS hiring programs, and embedding Pearson solutions into TCS iON for skill benchmarking. No financial impacts or metrics were disclosed in the announcement.

• ·Partnership focuses on integrating learning into enterprise operating models, early career readiness, and AI-validated skill benchmarking.
• ·TCS operates in 55 countries with 202 service delivery centers.
• ·Pearson serves customers in nearly 200 countries.

18-03-2026

ITC Limited allotted 2,38,850 ordinary shares of ₹1 each upon exercise of 23,885 options under its Employee Stock Option Schemes on March 18, 2026. This allotment increases the issued and subscribed share capital to ₹1,252.95 Cr, comprising 1,252,94,68,231 ordinary shares of ₹1 each. The allotment represents a minor dilution of approximately 0.019% with no other financial impacts disclosed.

• ·Allotment committee meeting concluded at 3:15 p.m. on March 18, 2026
• ·Effective date of increased share capital: March 18, 2026
• ·Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

18-03-2026

TVS Motor Company Limited will hold a board meeting on March 24, 2026, to consider and declare an interim dividend, if any, for the financial year ending March 31, 2026. The trading window for designated persons and their immediate relatives is closed from March 18 to March 26, 2026, in compliance with SEBI regulations. Dividend details including rate, quantum, record date, and payment date will be announced after the meeting.

• ·Equity Scrip code BSE: 532343, NSE: TVSMOTOR
• ·NCRPS Scrip code BSE: 717506, NSE: TVSMNCRPS
• ·CIN: L35921TN1992PLC022845
• ·Compliance: Regulation 29 of SEBI (LODR) Regulations, 2015; SEBI (Prohibition of Insider Trading) Regulations, 2015

18-03-2026

Delhivery launched its Economy Air Parcel Service under Delhivery International to the UK, Canada, and Australia on March 18, 2026, expanding from the December 2025 USA launch to support Indian MSMEs exporting apparel, handicrafts, and electronics amid upcoming trade agreements like India-UK FTA. The service offers competitive rates, end-to-end visibility, automated customs documentation, and integration via the Delhivery One platform. This move addresses high shipping costs and documentation hurdles for exporters from Tier 2/3 cities.

• ·Service launched to USA in December 2025 with significant interest from hundreds of e-commerce sellers and traditional exporters.
• ·Delhivery offers e-commerce/express parcel, on-demand logistics, PTL/FTL freight, cross-border air express/freight, warehousing, supply chain solutions, data services, and software like warehouse/transportation management systems.
• ·Part of planned corridor launches for 2026 to scale international logistics.