
Automobile stocks such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hero MotoCorp, Ather Energy, Ola Electric, Hyundai Motor India, Ashok Leyland, Eicher Motors, Bajaj Auto, and TVS Motor, will be in focus on Wednesday as companies are set to announce their sales volumes for March as well as FY26.
Hindustan Oil Exploration Ltd has informed the exchanges that N Sivalai Senthilnathan has resigned as Chief Financial Officer, effective March 28, 2026, due to personal reasons.
Tata Chemicals has announced a key operational milestone, with its Mithapur facility in Gujarat reaching 1 million tonnes of soda ash production in FY26.
This milestone reflects the consistent efforts and strong collaboration across teams, including operations, maintenance, utilities, logistics, procurement, quality, safety, and other support functions. The contribution of the Marketing & Sales teams has also been instrumental in enabling this achievement.
PSU majors
Oil India Ltd (OIL), A Maharatna PSU and CSIR – Institute of Minerals and Materials Technology (IMMT) which has been identified as the Center of Excellence for Critical Minerals under the National Critical Mineral Mission (NCMM) have entered into an MoU to pursue joint Research & Development (R&D) projects in the field of critical minerals.
Bharat Electronics Ltd (BEL), has secured additional orders worth Rs. 1,660 crore since the last disclosure on March 17. Major orders received include satellite communication network, electronic warfare systems, communication equipment, avionics, software solutions, munitions, EVM, strategic components, upgrades, spares, services etc.
ONGC said Daman Upside Development Project (DUDP), in the western offshore, located about 180 Kms north west of Mumbai and about 80 Kms south of Pipavav, Gujarat, with Capex of about $1 billion has achieved a significant milestone by monetization through flowing gas from Platform B-12-24P. This platform has been successfully commissioned and gas sent to Hazira Plant.
NTPC Green Energy has signed a Memorandum of Understanding (MoU) with PTC India to explore the possibilities of selling renewable energy through bilateral arrangements and other market mechanisms. In a separate disclosure, the company said its subsidiary, NTPC Renewable Energy, has signed a Green Ammonia Purchase Agreement (GAPA) with Solar Energy Corporation (SECI) for the supply of green ammonia.
Govt. of Republic of Seychelles has issued a Letter of Intent and in-principle agreed to engage the NBCC (India) Limited as the Project Management Consultant to render services such as planning, design, procurement of 1008 affordable housing units and the associated infrastructure requirements including sewage treatment plant (STP).cThe said project of $75 million is to be funded by EXIM bank under Line of Credit (LoC) scheme.
Pace Digitek Ltd has received a Letter of Acceptance for Rs. 49.454 crore (excluding GST) from NTPC Ltd for: Ex-Works (India) Supply for EPC Package for BESS Implementation at Nabinagar Super Thermal Power Station and Comprehensive Annual Maintenance for entire design life of BESS system for EPC Package for BESS Implementation at Nabinagar Super Thermal Power Station..
Acquisition/tie-ups
Corona Remedies Ltd has announced the acquisition of Wokadine from Dr. Reddy’s Laboratories Ltd. This strategic acquisition enables Corona Remedies to penetrate deeper into targeted specialty and offer wider accessibility. This brand holds strong potential for accelerated growth under Corona Remedies’ stewardship.
The Magnum Ice Cream Company HoldCo 1 Netherlands BV, new promoter of Kwality Wall’s, has completed the acquisition of a 61.9 per cent stake in Kwality Wall’s (India) under the terms of the Share Purchase Agreement with Unilever dated June 25, 2025. Kwality Wall’s has announced the appointment of Abhijit Bhattacharya and Tahir Toloy Tanridagli to its Board of Directors.
Mphasis has announced the successful completion of a major technology modernization program with Flagstar Bank, NA, marking one year of the successful collaboration between the two organizations. The Mphasis-Flagstar partnership has created a scalable technology platform that supports Flagstar’s evolving business needs while enabling future innovation across its digital banking environment. Specifically for Flagstar, there was a need to consolidate six legacy data centers due to several recent acquisitions.
Preferential issue
Nazara Technologies Limited has announced a preferential issue of warrants aggregating to Rs 500 crore, subject to shareholder and regulatory approvals. Each warrant is convertible into one equity share and is being issued at a price of INR 260 per share, representing a premium to the current market price, reflecting strong investor confidence in Nazara’s growth strategy. The round includes participation from Riambel Capital PCC, a SEBI-registered Category I Foreign Portfolio Investor, S Gupta Family Investments, Plutus Investment and Holding Private Limited (Promoter Group), Classic Enterprises, and Founders Collective.
IHC, through its affiliate Avenir Investment RSC, will become the promoter of Sammaan Capital by acquiring a 41.5 percent stake via a preferential allotment of equity shares and warrants. The company has received an initial tranche of Rs 5,652 crore towards the allotment, with an additional Rs 3,198 crore to be received within 18 months upon conversion of the warrants into fully paid equity shares.
Bharti Airtel will receive an investment of $1 billion from Alpha Wave Global, Carlyle, and Anchorage Capital, through their affiliates, in its subsidiary Nxtra Data to expand its network across India and accelerate growth. Airtel will also participate in this round. Alpha Wave Global will invest $435 million, Carlyle $240 million, and Anchorage Capital $35 million, with the remaining amount to be infused by Airtel.
Black Box Ltd, a leading global digital infrastructure solutions provider, has announced the successful receipt of ₹386.36 crore pursuant to the conversion of warrants issued on September 27, 2024. The company has converted 92,65,215 warrants into equity shares at an issue price of ₹417 a share. All warrant holders have exercised their rights in full, with no forfeiture or withdrawal.
Order wins
Welspun Corp Ltd has announced the receipt of a large order for supply of Pipes from our US facility valued at approx. Rs 1,000 crore. “With this latest order and orders secured since our last announcement on January 30, our consolidated global order book now stands at Rs 24,700 Crore (approx. US$ 2.6 billion), giving clear business visibility and continuity both at India and USA assets,” it said in a statement to the exchanges.
IndiQube Spaces Ltd, an integrated tech enabled workspace solutions platform, today announced the signing of a significant workspace leasing agreement with a leading Global Capability Center in the healthcare technology space. The client has taken up over 48,000 sq.ft. of premium Grade A workspace along the Outer Ring Road corridor, one of Bengaluru’s most sought-after commercial micro markets. The deal is valued at around ₹75 crore over a five-year tenure.
Arfin India Ltd has received a Master Letter of Acceptance from Dakshina Gujarat VIJ Company Ltd (A Government of Gujarat Undertaking), for the supply of product- AAAC Conductors. The order comprises an aggregate quantity of 20,400 KM, valued at approximately Rs. 85.59 crore (inclusive of GST), and is to be executed over a period of seven months, from May 2026 to November 2026, with supplies scheduled on a monthly basis. The order value is subject to variation in accordance with prevailing market rates during the execution period.
Saatvik Solar Industries Pvt Ltd, a material subsidiary of Saatvik Green Energy Ltd, has received and accepted an order aggregating to Rs 57.03 crore from one renowned Independent Power producers/EPC Players for the supply of Solar PV Modules.
Cryogenic OGS Ltd has received Purchase Orders from Emerson Measurement Systems and Solutions (India) Private Limited amounting to ₹2,27,73,997.64 including GST.
Dixon Technologies (India) Ltd’s, Wholly Owned Subsidiary, Dixon Display Technologies Pvt Ltd ,has received approval under the Electronics Component Manufacturing Scheme (ECMS), wherein DDTPL shall undertake the Display module sub-assembly.
Premier Energies Ltd has commissioned its 5.6 GW solar module manufacturing facility at Seetharampur, Telangana with trial production commenced. Spread across 75 acres, the facility is expected to create approximately 2,000 jobs, boosting local economy and strengthening India’s clean energy manufacturing ecosystem. With this capacity addition, Premier Energies’ total solar module capacity has now touched 11.1 GW, solidifying its position as one of India’s largest solar manufacturers and enhancing its ability to serve domestic and global markets.
Published on April 1, 2026