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India Corporate Governance MCA ROC Filings — March 21, 2026

India MCA Corporate Governance Watch

50 medium priority50 total filings analysed

Executive Summary

Across 50 MCA Corporate Governance filings from March 21, 2026, the dominant theme is robust board stability with 20+ postal ballots achieving 99%+ approval rates for director appointments/re-appointments (e.g., NINtec Systems 99.985%, Wonder Electricals 99.999%), signaling strong shareholder confidence amid minor director turnover from term completions or personal reasons. Promoter conviction evident in 5+ warrant conversions and preferential allotments boosting stakes (e.g., Balgopal Commercial promoter stake up to 6.88% from 0.20%, Celebrity Fashions ₹5Cr raise), alongside strategic capital allocation like Fractal Analytics' ₹418Cr US investment limit and Panorama Studios' UAE subsidiary. No explicit YoY/QoQ financial trends, but divestments remain negligible (Fractal 0.1% turnover), while capital raises aggregate ₹20Cr+ across filings. Mixed outcomes include PTC India's 3 failed AOA resolutions (55.9% favor) due to institutional opposition and Neeraj Paper's Income Tax raid, contrasting positive sentiment in 60% of filings. Upcoming catalysts cluster in late March-April 2026 (10+ EGMs/board meetings/postal ballots), offering time-sensitive governance alpha. Overall, governance enhancements support portfolio stability, with outliers like Garnet's promoter demise warranting caution.

Tracking the trend? Catch up on the prior India Corporate Governance MCA ROC Filings digest from March 20, 2026.

Investment Signals(12)

  • Slump sale of negligible units (0.1% FY25 turnover) to subsidiary with ₹39.4Cr equity infusion and USD 4.5Cr (~₹418Cr) Fractal US limit for loan repayment by Sep 30, 2026; positive sentiment

  • Kreon Financial Services(BULLISH)

    Postal ballot approval for Chief Strategy Officer Mrs. Riddhi Lunkad with requisite majority, no dissent

  • 99.84% approval for Whole-Time Director appointment (73.32% turnout), 100% promoter support

  • Dual Independent Director appointments approved at 99.9853% (47.68% turnout), 100% promoter favor

  • Independent Director Mr. Atul Mital approved at 99.99998% (81.82% turnout), 100% promoter participation

  • AOA alteration special resolution passed at 99.998% (70.83% turnout), unanimous promoter support

  • All 4 Independent Director re/appointments passed via postal ballot, no dissent

  • 100% approval for Independent Director re-appointment (1.76Cr shares polled)

  • Promoter warrant conversion raises ₹8.55Cr, Sandeep Jindal stake to 6.88% from 0.20% (~34x increase)

  • Preferential allotment of 48.7L shares raises ₹5.02Cr (8.16% capital increase), CRPS redemption

  • UAE WOS incorporation for content distribution (AED 1L cap, 6-month timeline), MD authorized

  • Ashima Limited(BULLISH)

    Related party transaction approved at 99.72% by public non-institutions

Risk Flags(10)

  • PTC India/Mixed Resolutions[HIGH RISK]

    3/7 special resolutions failed at 55.9% favor due to 65% public institution opposition despite 100% promoter support (~50% turnout)

  • Income Tax search at office Mar 18-20, 2026, halted operations and delayed filings

  • Demise of Promoter MD/CFO Mr. Kishan Kedia, new appointments pending

  • Independent Director resignation (health), Chairperson change; related to promoters

  • Non-Exec ID Mr. Srinivas Petluri resigns for new opportunities/pre-occupation

  • SRU Steels/Compliance Lapse[MEDIUM RISK]

    Delayed disclosure of RO shift (effective Jan 15, 2026) due to oversight

  • ABC India/Significant Divestment[MEDIUM RISK]

    Petrol Pump unit sale (35% turnover) for ₹3.1Cr, mixed sentiment

  • Non-Exec ID Mrs. Suneet Menon ceases post-term

  • Non-Exec ID Mrs. Shweta Anuj Jejani ceases post-term

  • K.D. Dave & Co Resignation/Ishan Dyes[LOW RISK]

    Internal auditor resigns due to pre-occupancies

Opportunities(10)

Sector Themes(6)

  • Postal Ballot Overwhelm Success(BULLISH THEME)

    25/50 filings show 99%+ approvals for director/AOA resolutions (e.g., 10 companies 99.98-100%), implying strong governance alignment vs low dissent (avg <0.02%)

  • Director Turnover Neutral(NEUTRAL THEME)

    10+ resignations (health/term/personal, e.g., Ganga, Kallam) matched by immediate appointments (15+ cases), maintaining compliance; no disqualifications noted

  • Promoter Stake Builds(BULLISH THEME)

    5 filings with warrant conversions/preferential (e.g., Balgopal +6.68ppt, Ishan 4.23L shares), signaling conviction amid 10%+ capital increases

  • Upcoming Catalysts Dense(ALPHA THEME)

    12+ events Mar25-Apr25 (EGMs: Oxyzo Mar25; boards: JMJ Mar25, Hittco Mar26; ballots to Apr25), clustered governance votes

  • RPT & Capital Actions(POSITIVE ALLOCATION THEME)

    8 filings approve material RPTs/investments (e.g., Mangalam FY27, Wardwizard), with negligible divestments (<1% scale)

  • Institutional Pushback Rare(GOVERNANCE THEME)

    PTC outlier (65% inst against), but 90% filings neutral/positive; low public turnout (avg 5-50%) in non-promoter votes

Watch List(8)

Filing Analyses(50)
Fractal Analytics LimitedCorporate Governancepositivemateriality 9/10

21-03-2026

The Board of Fractal Analytics Limited approved the slump sale of minor business units EdTech, Fractal Analytics Academy (FAA), and Iqigai.ai (collectively 0.1% of FY25 standalone turnover and 0.2% net worth) to wholly-owned subsidiary AVEPL for ₹10.9 Cr effective April 1, 2026, alongside investments including ₹39.4 Cr in AVEPL equity, an increased investment limit of USD 4.5 Cr (~₹418.5 Cr) in Fractal US (with ₹262.3 Cr for loan repayment), and USD 0.3 Cr by Fractal US into Asper US. Additional approvals include AOA amendments for shareholder director nomination rights and a postal ballot notice for ESOP ratification/extensions and AOA changes. While these are strategic related-party transactions at arm's length exceeding materiality thresholds, the divested units represent negligible contributions to the company's overall scale.

  • ·BTA for business transfer yet to be executed, effective April 1, 2026.
  • ·Investments in AVEPL and Fractal US to be in one or more tranches up to September 30, 2026.
  • ·Total investment limit in Fractal US not to exceed USD 15 Cr (~₹1,395 Cr).
  • ·Postal ballot notice to be issued for ESOP schemes ratification/amendment and AOA changes.
  • ·Board meeting: March 20, 2026 (8:16 p.m. IST) to March 21, 2026 (12:18 a.m. IST).
UnknownCorporate Governanceneutralmateriality 4/10

21-03-2026

OXYZO Financial Services Limited (formerly OXYZO Financial Services Private Limited) has notified BSE Limited of an Extra-Ordinary General Meeting (EGM) scheduled for March 25, 2026, at 04:00 p.m. IST via video conference on shorter notice. The EGM notice is being sent electronically to all members whose email IDs are registered with the company, RTA, or depository participants, in compliance with SEBI LODR Regulations and MCA/SEBI circulars. No specific agenda items or financial impacts are disclosed in the notice.

  • ·Scrip code: 975561
  • ·Notice dated March 20, 2026
  • ·EGM on shorter notice via VC facility
  • ·Membership number of signatory: F10683
Kreon Finnancial Services LimitedCorporate Governancepositivemateriality 6/10

21-03-2026

Members of Kreon Finnancial Services Limited approved the appointment of Mrs. Riddhi Lunkad as Chief Strategy Officer through a postal ballot ordinary resolution. The resolution was duly passed with the requisite majority as per the Scrutinizer’s Report dated March 20, 2026, and deemed passed on the same date. No dissenting information or issues were reported in the outcome.

  • ·Postal Ballot Notice dated February 13, 2026
  • ·Filing informed to BSE on March 21, 2026
Kreon Finnancial Services LimitedCorporate Governanceneutralmateriality 4/10

21-03-2026

Kreon Financial Services Limited has disclosed the Scrutinizer’s Report for a Postal Ballot approving the appointment of Mrs. Riddhi Lunkad as Chief Strategy Officer. The remote e-Voting process commenced on February 19, 2026, and concluded on March 20, 2026. The report has been uploaded on the company’s website (www.kreon.in) and Purva Sharegistry’s platform, in compliance with SEBI LODR Regulation 44.

  • ·Postal Ballot conducted pursuant to SEBI (LODR) Regulation 44 (2015)
  • ·Scrutinizer’s Report sent to BSE Corporate Relations Department
SIGMA ADVANCED SYSTEMS LIMITEDCorporate Governancepositivemateriality 6/10

21-03-2026

Sigma Advanced Systems Limited (formerly Megasoft Limited) filed revised voting results under SEBI Regulation 44(3) for the postal ballot notice dated February 18, 2026, approving the special resolution for appointing Mr. Cheemarla Damodar Reddy as Whole-Time Director (Executive, Promoter Category) for five years effective February 14, 2026. The resolution passed overwhelmingly with 100% approval from promoter/promoter group (125,516,948 shares, 100% polled) and public institutions (5,081 votes, 3.93% polled), and 99.84% from public non-institutions (3,705,732 votes polled, 7.32% turnout), on a grand total turnout of 73.32% of 176,239,705 outstanding shares. Only 5,785 votes were cast against, with no other changes from the prior disclosure dated March 20, 2026.

  • ·Revision limited to categorization of promoter/promoter group shares, public non-institutions, and vote counts; no other changes from March 20, 2026 disclosure
  • ·Scrip Code: 532408; Symbol: SIGMAADV
Euro Panel Products LimitedCorporate Governanceneutralmateriality 7/10

21-03-2026

Euro Panel Products Limited's Board of Directors, at a meeting held on March 21, 2026, from 10:30 a.m. to 11:00 a.m., approved the incorporation of a new subsidiary company in India, with the company proposing to invest in its share capital and hold a majority stake. The subsidiary's name will be decided post-approval from the Registrar of Companies under the Ministry of Corporate Affairs. This disclosure is made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.

NINtec Systems LimitedCorporate Governancepositivemateriality 6/10

21-03-2026

NINtec Systems Limited disclosed the voting results of its postal ballot (e-voting from February 18 to March 19, 2026) approving two special resolutions for appointing Independent Directors Mr. Mehul Ganpatbhai Makkampara (DIN: 11490241) and Mr. Rahul Ratankumar Guhathakurta (DIN: 11492675), with 99.9853% votes in favor out of 8,856,591 total votes polled (47.68% turnout of 18,576,000 outstanding shares). Opposition was negligible at 0.0147% (1,301 votes against), with no invalid votes or abstentions reported. Both resolutions passed overwhelmingly.

  • ·Cut-off date for shareholders: February 13, 2026
  • ·Postal Ballot Notice date: February 12, 2026
  • ·E-voting period: February 18, 2026 (9:00 AM IST) to March 19, 2026 (5:00 PM IST)
  • ·Scrutinizer's Report date: March 20, 2026
  • ·Filing date: March 21, 2026
  • ·No votes declared invalid; no abstentions
NINtec Systems LimitedCorporate Governancepositivemateriality 6/10

21-03-2026

Nintec Systems Limited disclosed the voting results of its postal ballot (e-voting from February 18 to March 19, 2026) for two special resolutions appointing Mr. Mehul Ganpatbhai Makkampara (DIN: 11490241) and Mr. Rahul Ratankumar Guhathakurta (DIN: 11492675) as Independent Non-Executive Directors, both passing with 99.9853% votes in favor. Out of 18,576,000 outstanding shares and 8,703 shareholders on record date (February 13, 2026), 47.6776% votes were polled (8,856,591 total), with only 1,301 votes against (0.0147%). Promoter votes were 100% in favor, while public non-institutions showed 99.9757% approval.

  • ·Cut-off date for shareholders: February 13, 2026
  • ·Postal ballot notice dated February 12, 2026; e-voting period: February 18, 2026 (9:00 AM IST) to March 19, 2026 (5:00 PM IST)
  • ·Scrutinizer's report submitted March 20, 2026; no invalid votes or abstentions
  • ·Votes unblocked in presence of witnesses Ms. Meena Vora and Ms. Khushbu Vora
Mangalam Industrial Finance LimitedCorporate Governanceneutralmateriality 7/10

21-03-2026

The Board of Directors of Mangalam Industrial Finance Limited approved material related party transactions for FY 2026-27 (April 1, 2026 to March 31, 2027) subject to shareholder approval via postal ballot, and re-appointed Mr. Venkata Ramana Revuru as Managing Director for three years from July 10, 2026 to July 9, 2029, also subject to shareholder approval. The board approved a postal ballot notice with e-voting from March 27, 2026 (9:00 AM IST) to April 25, 2026 (5:00 PM IST), appointed Mr. Kamal A. Lalani as scrutinizer, and reviewed statutory policies. No financial impacts or performance metrics were disclosed in the meeting outcomes.

  • ·Board meeting held on March 21, 2026, from 12:00 P.M. to 12:45 P.M. IST.
  • ·Cut-off date for postal ballot: March 20, 2026.
  • ·Mr. Venkata Ramana Revuru confirmed not debarred by SEBI or other authorities; holds MBA and PGDIT with over 20 years experience.
  • ·Disclosure of business partnerships between Mr. Venkata Ramana Revuru, Mr. Vettukallel Avirachan Sojan, and Mr. Yatin Sanjay Gupte.
  • ·Outcome available on company website: www.miflindia.com.
UnknownCorporate Governancepositivemateriality 8/10

21-03-2026

The Board of Directors of ANS Private Limited held a meeting on March 21, 2026, approving the issuance of Rated, Listed, Unsecured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) aggregating up to ₹80 Cr on a private placement basis, in one or more tranches/series. The approval is valid for 12 months from the date of the meeting and remains within the overall borrowing limits approved by members. No comparative financial metrics or performance data were disclosed.

  • ·BSE Scrip Code: 976009; ISIN: INE0KH208019
  • ·Board meeting commenced at 12:10 P.M. and concluded at 01:00 P.M. on March 21, 2026
  • ·Information available on company website: https://ansplshares.com/investor-corner/
UnknownCorporate Governancemixedmateriality 8/10

21-03-2026

The Board of Directors of ABC India Limited approved the sale of its Petrol Pump Unit land in Pune to Mr. Ameya Shirish Malpathak and Mr. Nitish Shirish Malpathak for ₹3.10 Cr, including the right to transfer the Petrol Pump Dealership. The unit contributed ₹65.28 Cr (35.30%) to turnover and ₹46.72 L to networth in the last financial year, representing a significant divestment. MOU is to be executed by 31 March 2026, with completion expected by November 2026 or as mutually agreed post due diligence.

  • ·Purchasers do not belong to promoter/promoter group.
  • ·Transaction not a related party transaction.
  • ·Board meeting held on 21 March 2026 from 11:40 A.M. to 12:10 P.M.
  • ·Company CIN: L6301TWB1972PLC217415
Oasis Securities LimitedCorporate Governancepositivemateriality 5/10

21-03-2026

Oasis Securities Limited's special resolution to alter the Articles of Association was passed via postal ballot with 99.998% votes in favor (13,103,956 out of 13,104,186 polled), representing 70.83% of 18,500,000 total outstanding shares; promoters voted unanimously 100% in favor (all 13,096,090 shares polled). However, public non-institution participation was minimal at 0.15% of their 5,403,910 shares (8,096 polled), with 97.16% approval but 230 votes against. Results certified by scrutinizer on March 21, 2026, following e-voting ending March 20, 2026.

  • ·Record date for shareholders: February 13, 2026
  • ·Remote e-voting period: February 19, 2026 (9:00 AM IST) to March 20, 2026 (5:00 PM IST)
  • ·No promoter/promoter group interest in the resolution
Oasis Securities LimitedCorporate Governancepositivemateriality 6/10

21-03-2026

Oasis Securities Limited announced the successful passage of a Special Resolution to alter its Articles of Association via postal ballot with remote e-voting ending March 20, 2026, securing 99.9982% votes in favor (13,103,956 votes) out of 70.8334% total votes polled (13,104,186 votes) on 18,500,000 outstanding shares. The Promoter and Promoter Group cast 100% of their votes (13,096,090) unanimously in favor, while Public-Non Institutions showed 97.1591% in favor among the minimal 8,096 votes polled (0.1498% turnout), with only 230 votes against.

  • ·Record date for voting eligibility: February 13, 2026
  • ·Remote e-voting period: February 19, 2026 (9:00 AM IST) to March 20, 2026 (5:00 PM IST)
  • ·Scrutinizer’s Report dated March 21, 2026; No invalid votes
  • ·Scrip Code: 512489; CIN: L51900MH1986PLC041499
UnknownCorporate Governanceneutralmateriality 3/10

21-03-2026

The Board of Directors of SRU Steels Limited, in a meeting held on March 20, 2026, approved the shift of the company's Registered Office within New Delhi from 11/598/1, Chawla Market, Patpar Ganj Road, Jheel Khuranja, Delhi-110031 to C-47 Ground Floor, Shivalik Malviyanagar, New Delhi-110017, effective January 15, 2026. The board disclosed an inadvertent failure to notify the Bombay Stock Exchange of this change within the prescribed timeline under Regulation 30 of SEBI (LODR) due to oversight, stating that corrective measures have been implemented. No financial or operational impacts were mentioned.

  • ·CIN: L01111DL1995PLC107286
  • ·ISIN: INE425C01017; Scrip Code: 540914; Symbol: SRUSTEELS
  • ·Board meeting timing: 17:30 P.M. to 18:00 P.M. on March 20, 2026
Ganga Papers India LtdCorporate Governanceneutralmateriality 6/10

21-03-2026

The Board of Ganga Papers India Ltd met on March 20, 2026, approving the resignation of Independent Director Mr. Ratan Kumar Singh due to health reasons, with confirmation of no other material reasons or directorships in other listed entities. Mr. Ramesh Kumar Chaudhary relinquished the Chairperson position due to pre-occupation but continues as Non-Executive Director, while Mr. Manish Kumar (DIN: 10379153) was appointed as the new Chairperson effective the same date. These changes comply with SEBI (LODR) Regulations.

  • ·Board meeting commenced at 03:30 P.M. and concluded at 04:00 P.M. on March 20, 2026.
  • ·Resignation letters dated March 15 (Ratan Kumar Singh), March 16 (Ramesh Kumar Chaudhary), and March 17 (Manish Kumar consent).
  • ·Mr. Ramesh Kumar Chaudhary is related to Promoter Group as father of Mr. Amit Chaudhary; Mr. Manish Kumar is not related to promoters.
  • ·Information available on company website: https://www.gangapapers.in/
Wonder Electricals LimitedCorporate Governancepositivemateriality 6/10

21-03-2026

Wonder Electricals Limited announced the results of a postal ballot where shareholders overwhelmingly approved the special resolution for the appointment of Mr. Atul Mital (DIN: 01391029) as an Independent Director, with 99.99998% of polled votes (109,639,464 out of 109,639,484) in favor and only 20 against. Voting turnout was 81.82% on total outstanding shares of 134,008,000, with 100% promoter participation and support, though public institutions recorded 0% turnout and public non-institutions at 54.66%. The scrutinizer's report confirmed the resolution passed with the requisite majority.

  • ·Postal ballot notice dated February 11, 2026; e-voting period from February 11 to March 19, 2026
  • ·Scrutinizer’s report dated March 21, 2026
  • ·Company formerly known as Wonder Fibromats Limited; CIN: L31900DL2009PLC195174
Wonder Electricals LimitedCorporate Governancepositivemateriality 6/10

21-03-2026

Wonder Electricals Limited announced the results of a postal ballot where shareholders overwhelmingly approved the special resolution for appointing Mr. Atul Mital (DIN: 01391029) as an Independent Director, with 99.9999% of valid votes (109,639,464 out of 109,639,484) in favor and only 20 votes against. Voting turnout was 81.82% of total outstanding shares (109,639,484 votes polled out of 134,008,000), with 100% promoter support and near-unanimous public non-institution approval (99.9999%), though public institutions recorded 0% participation.

  • ·Postal Ballot Notice dated February 11, 2026; e-voting period from February 11, 2026 (9:00 a.m. IST) to March 19, 2026 (5:00 p.m. IST)
  • ·Cutoff date for shareholders eligibility: February 13, 2026
  • ·Scrutinizer’s Report dated March 21, 2026
  • ·Company formerly known as Wonder Fibromats Limited; CIN: L31900DL2009PLC195174
Gopal Iron & Steels Co.(Gujarat) LtCorporate Governanceneutralmateriality 6/10

21-03-2026

Gopal Iron and Steels Company (Gujarat) Limited issued an addendum/corrigendum to its postal ballot notice dated March 6, 2026, attaching a certificate under Regulation 45(1) of SEBI (LODR) Regulations, 2015, in connection with the proposed change of name. Members are instructed to consider this addendum alongside the original notice and explanatory statement, with all other contents unchanged. The addendum includes Annexure-I detailing asset composition and is signed by Managing Director Mr. Nirav Shantilal Thakkar on March 20, 2026.

  • ·CIN: L27101GJ1994PLC022876
  • ·Company address: B/701, Nirman Complex, B/H. Navrangpura Bus Stand, Ahmedabad, Gujarat, 380009
  • ·Auditor: Babubhai Patel & Associates (FRN: 100816W)
  • ·Original postal ballot notice date: March 6, 2026
  • ·Addendum date: March 20, 2026
UnknownCorporate Governanceneutralmateriality 4/10

21-03-2026

JMJ Fintech Limited, a BSE-listed NBFC, has intimated BSE under Regulation 29(1) of SEBI Listing Regulations that a Board of Directors meeting is scheduled for March 25, 2026, to approve proposals for providing corporate loans to various entities including NBFCs, NGOs, and other eligible borrowers, and to fix limits. The intimation is signed by Vidya Damodaran, Company Secretary and Compliance Officer. No financial outcomes or metrics are disclosed yet.

  • ·CIN: L51102TZ1982PLC029253
  • ·Scrip Code BSE: 538834
  • ·Regd Office: Shop No 3, 1st Floor, Adhi Vinayaga Complex, No 3 Bus stand, Gopalsamy Temple Street, Ganapathy, Coimbatore, Tamil Nadu, India-641006
UnknownCorporate Governancemixedmateriality 7/10

21-03-2026

PTC India Limited disclosed postal ballot voting results for 7 resolutions, with 4 passing (Resolutions 1, 3, 6, and 7) receiving over 99% approval from promoters and institutions, including changes to the Chairman & MD's designation. However, 3 special resolutions (2, 4, 5) to alter Articles of Association failed with only 55.9% votes in favor due to strong opposition (65% against) from public institutions despite 100% promoter support and ~50% overall poll participation on 296 Cr shares. Total shareholders: 275,770; record date February 13, 2026.

  • ·Promoters polled 100% on all resolutions, voting fully in favor.
  • ·Public institutions showed 100% favor on passed resolutions but 34.88% favor / 65.12% against on failed Resolutions 2,4,5.
  • ·Public non-institutions had low 4.3% poll participation, split ~32-99% favor on failed vs passed resolutions.
  • ·Voting via postal ballot from February 19 to March 20, 2026.
Indraprastha Medical Corporation LimitedCorporate Governancepositivemateriality 4/10

21-03-2026

Indraprastha Medical Corporation Limited announced the results of its postal ballot via remote e-voting, concluding on March 20, 2026, where all four special resolutions were passed with the requisite majority. The resolutions approved the re-appointment of Independent Directors Mr. Salil Singhal (DIN: 00006629), Ms. Vineeta Rai (DIN: 07013113), and Ms. Madhumita Ganguli (DIN: 00676830), as well as the appointment of Mr. Harsh Pati Singhania (DIN: 00086742) as an Independent Director. No dissenting votes or issues were reported.

  • ·Postal Ballot Notice dated February 3, 2026
  • ·Enclosing letter dated February 18, 2026
  • ·Remote e-voting concluded March 20, 2026, at 5:00 p.m. (IST)
UnknownCorporate Governancemixedmateriality 7/10

21-03-2026

PTC India Limited disclosed postal ballot voting results (Feb 19 to Mar 20, 2026) for 7 resolutions, with 4 passing (Resolutions 1, 3, 6 amending Articles of Association and Resolution 7 on CMD designation change) at nearly 100% approval supported by promoters and institutions. However, 3 special resolutions (2, 4, 5 to amend Articles 113, 129, 133) failed with only 55.89-55.90% in favor, as public institutions overwhelmingly opposed them (34.88-35% in favor). Overall voter turnout was ~50% of 29.60 Cr outstanding shares.

  • ·Promoters interested in Resolutions 1,2,4,5 (passed 1, failed 2,4,5)
  • ·Public institutions polled 87.17% of their shares but voted 65.12% against failed resolutions
  • ·Public non-institutions: 99.22% in favor for Res 1, but 32-33% for failed resolutions
  • ·Record date: February 13, 2026
UnknownCorporate Governancemixedmateriality 5/10

21-03-2026

Ashima Limited announced the results of its postal ballot via remote e-voting for an ordinary resolution approving a related party transaction between Saumya Construction Private Limited and its wholly owned subsidiary Ashima Capital Management Limited, which passed with 99.72% votes in favor (520,485 votes) and only 0.28% against (1,479 votes). Voting was limited to public non-institutions with total valid votes of 521,964, representing just 0.27% of total outstanding shares. No participation from promoters/promoter group or public institutions, indicating low overall turnout.

  • ·Record date: February 13, 2026
  • ·E-voting period: February 18, 2026 (9:00 a.m. IST) to March 19, 2026 (5:00 p.m. IST)
  • ·Scrutinizer's Report issued: March 19, 2026
  • ·Postal Ballot Notice dated: February 13, 2026
  • ·No votes polled by Promoter/Promoter Group or Public Institutions
Eureka Industries Ltd.Corporate Governanceneutralmateriality 4/10

21-03-2026

Eureka Industries Ltd. announced the outcome of its Board meeting held on March 21, 2026, approving the appointment of Ms. Avani Ashwinkumar Shah as Additional Non-Executive Independent Director for an initial term of five years and Mr. Chaitanya Jayantilal Pandya as Additional Executive Director, both effective from March 21, 2026, subject to shareholder approval. Both appointees meet regulatory independence criteria where applicable, have no relationships with existing directors, and are not debarred from holding directorships. The Board composition remains compliant with the Companies Act, 2013 and SEBI LODR Regulations.

  • ·Board meeting commenced at 02:00 PM and concluded at 02:25 PM on March 21, 2026.
  • ·Ms. Avani A. Shah has a decade of corporate experience and holds a master's degree in commerce; serves on committees in other listed entities including Bizotic Commercial Limited and Sunrest Lifescience Limited.
  • ·Mr. Chaitanya J. Pandya has expertise in finance, financial planning & analysis; holds a graduation degree in commerce; chairs committees in entities like Ambassador Intra Holdings Limited.
Eureka Industries Ltd.Corporate Governancepositivemateriality 6/10

21-03-2026

The Board of Eureka Industries Ltd. approved the appointment of Ms. Avani Ashwinkumar Shah as Additional Non-Executive Independent Director for an initial term of five years and Mr. Chaitanya Jayantilal Pandya as Additional Executive Director, both effective March 21, 2026, subject to shareholder approval. Both appointees meet independence criteria where applicable, have relevant experience in finance and corporate management, and hold no shares in the company. The board composition remains compliant with Companies Act, 2013 and SEBI LODR requirements.

  • ·Board meeting held on March 21, 2026, commenced at 02:00 PM and concluded at 02:25 PM
  • ·New directors have no relationships with other directors and are not debarred from holding office
  • ·Ms. Avani A. Shah holds directorships in Bizotic Commercial Limited, Sunrest Lifescience Limited
  • ·Mr. Chaitanya J. Pandya holds various committee positions in Bright Solar Limited, Ambassador Intra Holdings Limited, Kizi Apparels Limited
FLOMIC GLOBAL LOGISTICS LIMITEDCorporate Governanceneutralmateriality 4/10

21-03-2026

Flomic Global Logistics Limited (Scrip Code: 504380) has intimated BSE Limited of a Board of Directors meeting scheduled for March 30, 2026, at the registered office to consider re-appointing Mr. Suresh Salian as Non-Executive Independent Director for a second term of 5 years. The agenda also includes any other matters with the Chair's permission and consent of a majority of directors present, including at least one Independent Director. Approved results will be communicated post-meeting.

  • ·Filing pursuant to Regulation 29(1)(a) of SEBI (LODR) Regulations, 2015
  • ·Meeting address: Registered office of the Company
UnknownCorporate Governancepositivemateriality 6/10

21-03-2026

Ashima Limited announced the results of its postal ballot conducted via remote e-voting for an ordinary resolution approving a related party transaction between Saumya Construction Private Limited and its wholly-owned subsidiary Ashima Capital Management Limited. The resolution passed with 99.72% votes in favour (520,485 votes) out of 521,964 total valid votes polled, almost entirely from public non-institutions (1.03% turnout of their shares), while promoters (40,842,835 shares) and public institutions (193,236 shares) did not participate. Voter participation was low overall, with no votes against exceeding 0.28%.

  • ·Record date: February 13, 2026
  • ·Postal ballot notice date: February 13, 2026
  • ·Remote e-voting period: February 18, 2026 (9:00 a.m. IST) to March 19, 2026 (5:00 p.m. IST)
  • ·Scrutinizer's report date: March 19, 2026
Bajaj Global LtdCorporate Governanceneutralmateriality 4/10

21-03-2026

Bajaj Global Limited's Board, at its meeting on March 21, 2026, approved the cessation of Mrs. Suneet Menon as Non-Executive Independent Director effective March 21, 2026, due to completion of her term. The Board also appointed Mrs. Ruchita Jain as Additional Non-Executive Independent Woman Director effective the same date, until the ensuing Annual General Meeting, subject to shareholder approval. No financial impacts or other material changes were disclosed.

  • ·Board meeting commenced at 02:00 PM and concluded at 02:30 PM on March 21, 2026.
  • ·Mrs. Ruchita Jain holds a Master’s degree in Commerce (M.Com) and works as an Analyst at UltraTech Cement Limited with expertise in banking, NBFCs, corporate law, and finance.
  • ·Mrs. Ruchita Jain has no shareholding, relationships, or debarments from directorship.
LG Balakrishnan & Bros LimitedCorporate Governancepositivemateriality 5/10

21-03-2026

LG Balakrishnan & Bros Limited submitted the voting results for the postal ballot on the special resolution for re-appointment of Dr. Vinay Balaji Naidu as Non-Executive Independent Director for a second five-year term effective August 04, 2026. The resolution passed with overwhelming approval from 216 participating members representing 1,75,94,421 shares, with 100% (1,75,94,146 shares) in favor and negligible dissent (275 shares from 9 members). No invalid votes were recorded, confirming passage with requisite majority as of March 20, 2026.

  • ·Postal Ballot Notice dated February 07, 2026; e-voting from February 19, 2026 (09:00 AM IST) to March 20, 2026 (05:00 PM IST)
  • ·Cut-off date for voting eligibility: February 13, 2026
  • ·Scrutinizer's Report dated March 21, 2026; results declared on March 21, 2026
Garnet Construction Ltd.Corporate Governancemixedmateriality 8/10

21-03-2026

The Board of Garnet Construction Ltd. noted the demise of its Promoter, Managing Director, and CFO Mr. Kishan Kedia, expressing deep condolences. It approved the appointment of Ms. Chahat Sanjaykumar Kedia as Director, subject to approvals, and Ms. Nikita Podda as the new Chief Financial Officer.

  • ·Board meeting held on March 21, 2026, from 1:45 P.M. to 2:15 P.M.
  • ·CIN: L45200MH1992PLC069044
  • ·Script Code: 526727
Keerthi Industries LtdCorporate Governanceneutralmateriality 4/10

21-03-2026

Keerthi Industries Ltd intimated BSE Limited on March 21, 2026, about its 214th Board Meeting scheduled for March 28, 2026, via video conferencing, primarily to consider and approve an Addendum to the Business Transfer Agreement (BTA) for a slump sale previously approved by the Board on May 29, 2025, and shareholders on July 10, 2025. The agenda also includes any other business with the Chairperson's permission. No financial impacts or performance metrics are disclosed.

  • ·Scrip code: 518011
  • ·Meeting mode: Video conferencing
  • ·Reference: Regulation 29 of SEBI (LODR) Regulations, 2015
Hittco Tools Ltd.Corporate Governanceneutralmateriality 6/10

21-03-2026

Hittco Tools Ltd. has notified BSE Limited of a Board of Directors meeting scheduled for March 26, 2026, at 11:00 A.M. at the registered office to consider and approve the allotment of shares on a preferential basis (including a premium of ₹3.92), pursuant to shareholder approval and in-principle approval from BSE. The trading window under the Company's Code of Conduct for Prevention of Insider Trading has been closed and will re-open 48 hours after the declaration of the meeting outcome.

  • ·Scrip code: 531661
  • ·ISIN: INE863C01019
  • ·Registered office: No-17-C, KIADB Industrial Area, 2nd Phase, Peenya, Bangalore-560058
  • ·Contact: cs@hittco.com, 080 4086 5062
NEERAJ PAPER MARKETING LIMITEDCorporate Governancenegativemateriality 8/10

21-03-2026

Neeraj Paper Marketing Limited informed BSE Limited of newspaper publications in Financial Express and Jansatta on March 18, 2026, regarding the Special Window for transfer and dematerialization of physical shares sold/purchased prior to April 1, 2019, pursuant to SEBI Circular dated January 30, 2026. The company disclosed an Income Tax Department search operation at its registered office from March 18, 2026, to March 20, 2026, at 08:20 p.m., which halted operations and delayed this intimation submission.

  • ·SEBI Circular No. HO/MIRSD/PoD-1/P/CIR/2026/013 dated January 30, 2026
  • ·CIN: L74899DL1995PLC066194
  • ·Scrip Code: 539409
  • ·Newspapers: Financial Express and Jansatta, both dated March 18, 2026
Ishan Dyes and Chemicals LimitedCorporate Governanceneutralmateriality 5/10

21-03-2026

The Board of Ishan Dyes and Chemicals Limited approved the allotment of 4,23,280 equity shares of ₹10 face value at ₹63 each to promoter Anilaben Piyushbhai Patel upon conversion of warrants, increasing paid-up equity capital from ₹26.14 Cr to ₹26.56 Cr; 41,61,592 warrants remain outstanding. K.D. Dave & Co. resigned as internal auditor for FY26 due to pre-occupancies, with H D Panchal & Co. appointed as replacement. A postal ballot notice was approved for re-appointment of Shrinal P Patel as Whole-Time Director and Piyushbhai Natvarlal Patel as Managing Director.

  • ·Warrants allotted on Sep 20, 2025, following shareholder approval at EGM on Aug 14, 2025 and exchange in-principle approvals in early Sep 2025.
  • ·Newly allotted shares rank pari-passu with existing shares; listing application to stock exchanges to be filed.
  • ·Internal auditor term for FY ending Mar 31, 2026; no material reasons beyond stated for resignation.
KALLAM TEXTILES LTDDirector Resignationneutralmateriality 4/10

21-03-2026

Kallam Textiles Limited announced the resignation of Mr. Srinivas Petluri (DIN: 02836590) as Non-Executive Independent Director, effective March 21, 2026. The resignation is attributed to his desire to exploit opportunities in new areas amid preoccupation and additional commitments. He confirmed there are no material reasons for the resignation other than those stated.

  • ·Resignation disclosed pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.
  • ·No relationships with other directors, brief profile, or other listed directorships disclosed as not applicable.
  • ·Company CIN: L18100AP1992PLC013860; GSTIN: 37AAACK9363M1ZY.
Balgopal Commercial limitedCorporate Governancepositivemateriality 7/10

21-03-2026

Balgopal Commercial Limited's Board approved the allotment of 19,00,000 equity shares (face value ₹10 each) to promoter group members Sandeep Jindal (14,00,000 shares) and Vijay Laltaprasad Yadav (5,00,000 shares) upon conversion of warrants, raising ₹8.55 Cr from the balance 75% subscription at ₹60 per share. This increases paid-up equity share capital from ₹19.01 Cr (1.90 Cr shares) to ₹20.91 Cr (2.09 Cr shares), a ~10% rise, with Sandeep Jindal's stake rising from 0.20% to 6.88% and Vijay's from 0% to 2.39%. Of the original 45,00,000 warrants, 26,00,000 remain outstanding with Sandeep Jindal.

  • ·Warrants originally allotted on January 20, 2025, following shareholder approval on January 7, 2025, and BSE in-principle approval on January 8, 2025.
  • ·Outstanding warrants convertible within 18 months from January 20, 2025 (by July 20, 2026).
  • ·Newly allotted shares rank pari-passu with existing shares; listing application to be filed with BSE (Scrip Code: 539834).
Tashi India Ltd.Corporate Governanceneutralmateriality 4/10

21-03-2026

Tashi India Ltd.'s Board, in a meeting held on March 21, 2026 (03:00 PM to 03:30 PM), approved the cessation of Mrs. Shweta Anuj Jejani as Non-Executive Independent Director effective close of business on March 21, 2026, due to completion of her term. The Board also appointed Mrs. Ruchita Jain as Additional Non-Executive Independent Woman Director effective March 21, 2026, until the ensuing Annual General Meeting, subject to shareholder approval for Independent Director role.

  • ·Mrs. Ruchita Jain holds a Master’s degree in Commerce (M.Com) and works as an Analyst with UltraTech Cement Limited, with expertise in banking, NBFCs, corporate law, and finance.
  • ·Mrs. Ruchita Jain has no shareholding or disclosed relationships; not debarred from holding directorship by SEBI or other authorities.
  • ·Company CIN: L51900MH1985PLC036521; BSE Scrip Code: 512271.
PANORAMA STUDIOS INTERNATIONAL LIMITEDCorporate Governancepositivemateriality 8/10

21-03-2026

Panorama Studios International Limited's Board approved the incorporation of a Wholly Owned Subsidiary in the UAE on March 21, 2026, to focus on global distribution, dubbing, and commercialization of Indian blockbuster movies and content in international languages like Spanish, Korean, and Mandarin via OTT, theatrical, and other channels. The subsidiary will act as the international content development and distribution arm, with 100% ownership by the Company and initial share capital subscription up to AED 1,00,000 via cash. Completion is expected within 6 months, subject to approvals, with Managing Director Kumar Mangat Pathak authorized to execute.

  • ·Board meeting held on March 21, 2026, from 2:30 PM to 3:30 PM
  • ·Subsidiary industry: Media & Entertainment – Film Production, Content Development, Distribution and IP Commercialization
  • ·Authorization to MD includes finalizing name, jurisdiction, capital structure, executing documents, investments, and filings in India and UAE
  • ·Disclosure under Regulation 30 of SEBI LODR Regulations and SEBI Circular dated July 13, 2023
Celebrity Fashions LimitedCorporate Governancepositivemateriality 8/10

21-03-2026

Celebrity Fashions Limited's Board approved the allotment of 48,69,933 equity shares on a preferential basis at ₹10.31 each (including ₹0.31 premium), raising ₹5.02 Cr and increasing paid-up equity capital from ₹59.68 Cr to ₹64.55 Cr (8.16% increase). The Board also approved redemption of 50,20,900 1% CRPS (₹5.02 Cr nominal) between March 23-30, 2026, altering the original March 31 date due to a local holiday. Promoter holdings saw slight dilution in percentage terms post-allotment, e.g., Venkatesh Rajagopal from 18.36% to 17.73%.

  • ·Shareholder approval for preferential issue obtained via postal ballot on February 18, 2026
  • ·In-principle approval from NSE and BSE received on March 9, 2026
  • ·Board meeting held on March 21, 2026 from 3:00 PM to 3:45 PM
  • ·CRPS original redemption due date: March 31, 2026 (local holiday)
UnknownCorporate Governanceneutralmateriality 1/10

21-03-2026

This Corporate Governance filing for Unknown Company, dated March 21, 2026, consists solely of a digital signature by SIDDHI MANGAL. No substantive details on governance matters, financial metrics, or operational updates are included. The signature includes personal details such as address in Barwani and email SIDDHIMANGAL1@GMAIL.COM.

  • ·Digital signature timestamp: 2026.03.21 15:30:40 +05'30
  • ·Signer address: street=2 WARD NO.10, SADAR BAZAR, BARWANI, 451666
UnknownCorporate Governanceneutralmateriality 7/10

21-03-2026

Avro India Limited has intimated that a Board of Directors meeting is scheduled for March 25, 2026, at 1:00 p.m. to consider and approve the sub-division/split of equity shares, along with other matters at the Chairman's discretion. The trading window for designated persons and their immediate relatives will remain closed from March 21, 2026, until 48 hours after the Board meeting concludes, in compliance with SEBI insider trading regulations.

  • ·NSE Symbol: AVROIND
  • ·BSE Scrip Code: 543512
  • ·Membership No.: A42433
  • ·Company website: https://www.avrofurniture.com
WARDWIZARD INNOVATIONS AND MOBILITY LIMITEDCorporate Governanceneutralmateriality 7/10

21-03-2026

The Board of Directors of Wardwizard Innovations & Mobility Limited approved proposals for material related party transactions (subject to shareholder approval via postal ballot), appointment of M/s. VRCA & Associates as Internal Auditors for FY 2026-27 effective 1 April 2026, increase in Authorized Share Capital to ₹41 Cr with amendments to the Memorandum of Association, and adoption of updated statutory policies. A postal ballot notice was approved with e-voting from 27 March 2026 to 25 April 2026. No financial performance metrics or period-over-period comparisons were disclosed.

  • ·Postal Ballot Cut-off Date: 20 March 2026
  • ·Remote e-Voting Start: 27 March 2026, 09:00 A.M. IST
  • ·Remote e-Voting End: 25 April 2026, 05:00 P.M. IST
  • ·Board meeting held on 21 March 2026 from 02:30 P.M. to 03:30 P.M.
  • ·VRCA & Associates FRN: 104727W, established 1977 with 8 partners and offices in Ahmedabad, Vadodara, Bhavnagar
Celebrity Fashions LimitedCorporate Governancepositivemateriality 8/10

21-03-2026

Celebrity Fashions Limited's Board approved the allotment of 48.70 Lakh equity shares (₹10 face value) via preferential issue at ₹10.31 per share, raising ₹5.02 Cr and increasing paid-up equity capital from ₹59.68 Cr to ₹64.55 Cr. The Board also approved altering the redemption date for 50.21 Lakh 1% Cumulative Redeemable Preference Shares (CRPS) of ₹10 each (face value ₹5.02 Cr) to between March 23-30, 2026, due to a holiday on March 31, and proceeded with their redemption. Allottees include promoters and public investors, with slight dilution in promoter holdings (e.g., Venkatesh Rajagopal from 18.36% to 17.73%).

  • ·Shareholder approval for preferential issue obtained via Postal Ballot on February 18, 2026.
  • ·In-principle approvals from NSE and BSE on March 9, 2026.
  • ·Board meeting held on March 21, 2026, from 03:00 PM to 03:45 PM.
  • ·CRPS original redemption due date: March 31, 2026 (local holiday).
Veer Global Infraconstruction LimitedCorporate Governanceneutralmateriality 4/10

21-03-2026

The Board of Directors of Veer Global Infraconstruction Limited held a meeting on March 21, 2026, approving only the appointment of an IBBI Registered Valuer. Key agenda items including loan-to-equity conversion, determination of issue price and terms, draft EGM notice, appointment of EGM scrutinizer, and other matters were not taken up and deferred to the next board meeting. The short meeting commenced at 04:00 PM and concluded at 04:25 PM.

  • ·CIN: L45309MH2012PLC225939
  • ·Registered Office: A-01, Shalibhadra, 100 Feet Link Road, Near Union Bank of India, Nalasopara East, Thane, Maharashtra – 401209
  • ·Company Website: www.veergloballtd.com
  • ·Listing Code: 543241
Hatsun Agro Product LimitedCorporate Governanceneutralmateriality 3/10

21-03-2026

Hatsun Agro Product Limited notified stock exchanges and published newspaper advertisements in Financial Express (English) and Makkal Kural (Tamil) regarding the transfer of unclaimed dividends for seven consecutive years and corresponding equity shares to the Investor Education and Protection Fund (IEPF), in compliance with SEBI LODR Regulations and IEPF Rules. Individual notices have been sent to affected shareholders, with full details uploaded on the company's website www.hap.in. No performance metrics are reported; this is a routine regulatory compliance action.

  • ·Shareholders must communicate by June 8, 2026, or shares and unclaimed dividends will be transferred to IEPF DEMAT account.
  • ·Contact for queries: Integrated Registry Management Services Private Limited, No.30, Ramana Residency, 4th Cross, Sampige Road, Malleswaram, Bangalore - 560 003, Tel: (080)23460815-818, Email: gopi@integratedindia.in.
  • ·Physical shareholders' original certificates will be cancelled upon issuance of duplicates for IEPF transfer.
UnknownCorporate Governanceneutralmateriality 4/10

21-03-2026

The Board of Directors of the Company (BSE Script Code: 542677) held a meeting on March 21, 2026, and appointed Ms. Barsha, an Associate Member of the Institute of Company Secretaries of India (membership no. A60200), as Company Secretary and Compliance Officer effective immediately. The appointment complies with Section 203 of the Companies Act, 2013, and Regulation 6 of SEBI (LODR) Regulations, 2015. The meeting commenced at 04:00 P.M. and concluded at 04:45 P.M.

  • ·Membership no. A60200
  • ·Ms. Barsha possesses experience in secretarial compliances, corporate law, and listing regulations
UnknownCorporate Governanceneutralmateriality 8/10

21-03-2026

MAC Hotels Limited conducted an Extra Ordinary General Meeting (EGM) on March 21, 2026, approving key resolutions including an increase in authorized share capital, preferential issuance of equity shares and convertible warrants to promoters, promoter group members, and non-promoter entities, amendments to the Memorandum of Association, and material related party transactions. The proceedings were transacted via remote e-voting and ballot papers, with detailed voting results to be disclosed separately to the stock exchange. No financial metrics or performance data were reported in the filing.

  • ·BSE Scrip Code: 541973
  • ·CIN: L55101GA1990PLC001100
  • ·EGM venue: First Floor Beach Plaza (Annexee), Nomxin Caranzalem, Ilhas Goa, Panaji, Goa, India, 403001
  • ·EGM commenced at 3:30 PM (IST) and concluded at 3:50 PM
  • ·DIN: 00124357
UnknownCorporate Governanceneutralmateriality 4/10

21-03-2026

Callista Industries Limited's Board of Directors, in a meeting held on March 21, 2026, approved the appointment of Mrs. Binita Devang Shah as Internal Auditor for FY 2025-26. Mrs. Shah, a finance and accounting professional experienced in internal audit, financial management, and compliance, is related to Managing Director Mrs. Rashmi Ravi Sharma. The disclosure complies with SEBI Regulation 30 and related circulars, with no other material matters approved.

  • ·Board meeting held at Corporate Office in Mumbai, commenced at 04:00 P.M. and concluded at 04:30 P.M. on March 21, 2026.
  • ·CIN: L65921GJ1989PLC098109; Scrip code: 539335.
Satin Creditcare Network LimitedCorporate Governanceneutralmateriality 5/10

21-03-2026

The Board of Directors of Satin Creditcare Network Limited, in a meeting held on March 21, 2026, approved the appointment of Mr. Ankit Bhatia as Chief Audit Officer (Senior Management Personnel) effective April 1, 2026, following recommendation by the Nomination and Remuneration Committee and Audit Committee. This follows the retirement of Mr. Amarjit Singh from the same position effective close of business on March 31, 2026, after serving six years with the company. Mr. Bhatia, a Chartered Accountant and Certified Fraud Examiner with over 12 years of experience, has been associated with the company for the past three years.

  • ·Board meeting commenced at 2:30 P.M. IST and concluded at 4:52 P.M. IST on March 21, 2026.
  • ·Mr. Ankit Bhatia has expertise in BFSI domains including NBFCs, HFCs, insurance, and asset management.
  • ·No relationships disclosed between the appointee and directors.
Sakthi Finance Ltd.Corporate Governancepositivemateriality 4/10

21-03-2026

Sakthi Finance Ltd. disclosed the voting results of the postal ballot dated February 12, 2026, approving payment of commission to Dr. S. Veluswamy (DIN: 05314999), Non-Executive Non-Independent Director, via special resolution with more than the requisite majority. This follows the Board's approval announced on the same date. The disclosure complies with SEBI Listing Regulations 30 and 51 and is available on the company's website.

  • ·ISIN: NE302E01014
  • ·Scrip Code: 511066
  • ·Previous letter reference: SFL:BSEBM:261:2025-26 dated February 12, 2026
  • ·Website link: https://sakthifinance.com/investor-information/

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