India NCLT Insolvency Resolution Filings — March 28, 2026

28-03-2026

The Hon’ble NCLT Hyderabad Bench approved the Scheme of Amalgamation of wholly-owned subsidiaries Softnautics Inc. and Softnautics Private Limited with MosChip Technologies Limited on March 25, 2026, effective from the appointed date of April 4, 2025. The amalgamation aims to streamline group structure, reduce regulatory compliances, achieve cost synergies, and enhance operational efficiency without any detailed financial impacts disclosed. No declines or flat metrics are present in the filing.

• ·MosChip Technologies Limited CIN: L31909TG1999PLC032184; Softnautics Private Limited CIN: U62013TS2025FTC196543
• ·Softnautics Inc. Entity No. 3924375, Employer Identification Number: 81-3297440
• ·Original disclosure submitted on April 8, 2025 under Regulation 30

28-03-2026

CIAN Agro Industries & Infrastructure Limited's Resolution Plan submitted for Shubhada Tool Industries Private Limited, which was under IBC process, has been approved by the Hon'ble National Company Law Tribunal, Mumbai Bench on March 24, 2026. Shubhada Tool Industries Private Limited, incorporated on March 15, 2014, manufactures hand-tools such as spanners, pliers, pipe wrenches, and angle handles, with a plant capacity of 300 MT/month. The certified copy of the NCLT order is awaited and will be submitted to the stock exchange upon receipt.

• ·Shubhada Tool Industries Private Limited incorporated on 15-03-2014.
• ·Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.
• ·Scrip Code: 519477; Scrip ID: CIANAGRO.

28-03-2026

The NCLT-convened meeting of equity shareholders of Lactose (India) Limited was held on March 28, 2026, from 10:30 A.M. to 10:51 A.M. via video conferencing to consider and approve the scheme of amalgamation between Vitanosh Ingredients Private Limited (Transferor Company) and Lactose (India) Limited (Transferee Company). The meeting had requisite quorum, remote e-voting was available from March 25, 2026, at 09:00 A.M. to March 27, 2026, at 05:00 P.M., with additional e-voting during the proceedings, and shareholder questions were addressed satisfactorily. Results will be announced to NCLT, BSE, and the company's website by March 30, 2026.

• ·NCLT order dated February 12, 2026, from Ahmedabad Bench
• ·Remote e-voting: March 25, 2026, 09:00 A.M. IST to March 27, 2026, 05:00 P.M. IST
• ·E-voting during meeting activated at 10:30 A.M. IST, closed 15 minutes post-conclusion
• ·Shareholder speakers: Mrs. Lekha Shah, Mr. Manjit Singh, Mr. Naresh Ratilal Kachalia, Mr. Satish Shah, Mr. Anil Mehta, Mr. Ayush Mittal, Mr. Keshav Garg

28-03-2026

Bharti Airtel Limited disclosed a notice from the Department of Telecommunications, Madhya Pradesh LSA (DoT), imposing a penalty of ₹1,74,000 for alleged violations of subscriber verification norms identified in a January 2026 Customer Application Form (CAF) Audit. The company has chosen not to contest the penalty and will pay it, with the financial impact limited solely to this amount. No operational disruptions are mentioned.

• ·Date of receipt of notice: March 27, 2026 at 1815 Hrs IST
• ·CAF Audit conducted for: January 2026
• ·Disclosure pursuant to Regulation 30 of SEBI Listing Regulations

28-03-2026

Oil and Natural Gas Corporation Limited announced that three Independent Directors have ceased to hold office effective March 28, 2026, upon completion of their tenure. The directors are Shri Bhagchand Agarwal (DIN: 00431182), Ms. Reena Jaitly (DIN: 06853063), and Shri Manish Pareek (DIN: 09396501). This disclosure is made pursuant to Regulation 30 of SEBI (LODR) Regulations 2015.

• ·Disclosure addressed to National Stock Exchange of India Ltd. (Symbol: ONGC) and BSE Limited (Security Code: 500312; NCD: 959881).
• ·Registered Office: Plot No 5A-5B, Nelson Mandela Marg, Vasant Kunj, New Delhi-110070.

28-03-2026

Catalyst Trusteeship Limited, acting as onshore security agent for lenders to Hinduja Automotive Limited, disclosed under Regulation 29(2) of SEBI (SAST) Regulations the release of 109,00,00,000 (18.55%) equity shares of Ashok Leyland Limited previously held under encumbrance/pledge, effective March 27, 2026. Prior to the release, the holding was 109,00,00,000 shares (18.55%); post-release, it stands at nil across all categories. The total paid-up equity share capital of Ashok Leyland Limited is 587,38,54,552 shares of INR 1 each, unchanged.

• ·Disclosure pertains to release of pledge in favor of Catalyst Trusteeship Limited under Facility Agreement with Hinduja Automotive Limited
• ·Equity shareholding pattern reference: quarter ended 31 December 2025 as published on BSE website
• ·Filing date: March 28, 2026; Event date: March 27, 2026

28-03-2026

Torrent Pharmaceuticals Limited disclosed newspaper cuttings published on March 28, 2026, in Indian Express (English, all India editions) and Sandesh (Gujarati, Gujarat editions) regarding an NCLT-convened meeting of equity shareholders, as directed by NCLT order dated March 23, 2026. The meeting is scheduled for Tuesday, April 28, 2026, at 10:00 a.m. IST via Video Conferencing/Other Audio-Visual Means. This is a regulatory disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, signaling ongoing insolvency proceedings.

• ·BSE Scrip Code: 500420
• ·NSE Scrip Code: TORNTPHARM
• ·Investor contact: investorservices@torrentpharma.com

28-03-2026

TVS Motor Company launched the TVS Apache RTR 310 premium motorcycle in Morocco, marking its entry into Africa's premium segment as the first African market for this model. Morocco's two-wheeler industry grew 42% in the last year, with the 201-350cc segment at 6.6% of the market and forecasted to reach 10% by 2030. The bike features a 312.2cc reverse-inclined DOHC engine delivering 35.6 PS power and 28.7 Nm torque, with segment-first technologies like bidirectional quickshifter, 5 ride modes, and race-tuned stability control.

• ·Engine: 312.2 cc reverse-inclined DOHC, 35.6 PS @ 9,700 rpm, 28.7 Nm @ 6,650 rpm, 0-60 km/h in 2.81 seconds
• ·Segment-first features: Cruise Control, Bidirectional Quickshifter, Dynamic Class D LED Headlamp, Race Tuned Linear Stability Control, 5 Ride Modes incl. Supermoto, Tire Pressure Monitoring System, 5″ TFT Cluster
• ·Launched in 4 variants: Arsenal Black (w/o Quickshifter), Arsenal Black, Fury Yellow, Sepang Blue (prices: Contact Dealer, Ex-Showroom Morocco in MAD)

28-03-2026

Baron Infotech Limited, currently under Corporate Insolvency Resolution Process (CIRP), has provided prior intimation under SEBI LODR Regulations of its 21st Committee of Creditors (CoC) meeting scheduled for April 02, 2026, at 16:00 IST. The meeting agenda includes analyzing, evaluating, and negotiating resolution plans received in the CIRP, along with other related matters. This development signals ongoing insolvency proceedings with no financial performance metrics disclosed.

• ·Scrip Code: 532336
• ·RP Office: Flat No. 113, Block - B, Sri Datta Sai Commercial Complex, Opp: Sapthagiri theatre, RTC 'X' Roads, Beside Metro Stn Gate, Pillar No 1096/1097, Hyderabad - 500 020
• ·RP Contact: Phone No: 040-27623101; Mail Id: ip.baroninfotech@gmail.com
• ·CIN: L72200TG1996PLC025855

28-03-2026

Utkarsh Small Finance Bank Limited held an NCLT-convened Equity Shareholders Meeting on March 28, 2026, via video conferencing to consider the approval of the Scheme of Amalgamation between Utkarsh CoreInvest Limited and the Bank, pursuant to NCLT Allahabad Bench order dated February 11, 2026. The meeting was attended by 43 members, with remote e-voting available from March 25 to 27, 2026, and during/after the meeting; results will be disclosed separately with the Scrutinizer’s report. No voting outcomes or financial impacts were detailed in this procedural summary.

• ·Remote e-voting available from March 25, 2026 to March 27, 2026, and for 30 minutes during/after the meeting.
• ·Meeting commenced at 12:30 p.m. IST and concluded at 01:50 p.m. IST.
• ·NCLT order dated February 11, 2026 from Allahabad Bench, Prayagraj.