Market & News

Bajaj Electricals has allotted 2,273 equity shares under ESOP on 06 March 2026. Post this allotment, the issued, subscribed and paid-up capital of the Company shall comprise of 11,53,90,713 equity shares of Rs. 2 each fully paid-up amounting to Rs. 23,07,81,426/-.

Reliance Consumer Products (RCPL), the FMCG arm of Reliance Industries, has signed a Memorandum of Understanding (MoU) with Finland's leading foods company Fazer. As part of this evolution, the two companies will establish a long-term strategic partnership in India to produce, market, and distribute branded premium chocolates using Fazer's recipes and high-quality standards nationwide.

The partnership would combine Fazer's iconic heritage brands, innovative product portfolio, and world's finest chocolates, with RCPL's substantial scale and access to nearly 3 million retail outlets across India, as well as deep expertise in the Indian market. Together, the companies could have the potential to build a unique position in India's chocolate and confectionery market, which is expected to grow rapidly due to rising consumer incomes and organised retail penetration.

T. Krishnakumar, Director, Reliance Consumer Products, said, “Partnering with Fazer is a strategic step towards introducing one of the world's finest chocolates to Indian consumers. This will also accelerate RCPL's growth in chocolates & confectionary market. By combining Fazer's globally trusted brands and manufacturing excellence with RCPL's local production capabilities, robust distribution network, and deep consumer insights, we are well positioned to bring world-class products to Indian consumers and elevate the overall category experience.”

Tata Power Company announced its collaboration with Salesforce, the world's #1 AI CRM, to digitally transform its rapidly expanding rooftop solar (RTS), EV charging, and smart home solutions businesses.

The collaboration reinforces Tata Power's long-term clean energy roadmap aligned with India's net-zero ambitions by establishing a secure, intelligent, and fully integrated clean energy ecosystem powered by AI, automation, and data-driven insights. The platform will enable scalable growth, deeper partner and customer engagement, and operational excellence across the renewable energy value chain.

As part of this transformation, Tata Power has deployed Agentforce Sales, Agentforce Service, and Agentforce Marketing across its renewable energy, Tata Power Renewable Energy (TPREL), subsidiary of Tata Power. The Salesforce platform powers intelligent, AI-enabled workflows that enhance visibility, accelerate decision-making, and create seamless omnichannel experiences—driving efficiency, agility, and service leadership at scale.

Agentforce Sales and Agentforce Service form the foundation of Tata Power's best-in-class omnichannel engagement model. Salesforce serves as a strategic digital backbone for Tata Power's high-growth renewable energy businesses. The platform enables end-to-end digitisation of partners and customer journeys, delivering streamlined lead management, inventory visibility, process automation, and real-time performance tracking. This ensures enhanced transparency, operational efficiency, and a superior customer experience across touchpoints.

Additionally, Tata Power has developed a proprietary deep learning and agentic intelligence layer built on top of Salesforce to enable a zero-touch quality and safety validation process. This digital capability facilitates instant on-site verification and automated warranty generation, reinforcing Tata Power's commitment to quality assurance and delivery excellence under its Solaroof offerings.

TIL has adjourned the meeting of the Board of Directors which was scheduled to be held on 5 March 2026. The meeting will now be held on 7 March 2026.

Balmer Lawrie & Company announced that the Board of Directors of the Company at its meeting held on 5 March 2026, inter alia, have recommended the interim dividend of Rs 4.25 per equity Share (i.e. 42.5%) , subject to the approval of the shareholders.

Kirloskar Electric Company announced that Sanjeev Kumar S, Chief Financial Officer of the Company has been relieved from his services with the closure of business hours of today (i.e., 06 March 2026).

Vega Jewellers will hold a meeting of the Board of Directors of the Company on 10 March 2026.

Ind-Agiv Commerce will hold a meeting of the Board of Directors of the Company on 7 March 2026.

Mastek announced that ICRA has affirmed the credit rating for bank facilities at ICRA AA-; Stable / ICRA A1+.

Steelco Gujarat will hold a meeting of the Board of Directors of the Company on 12 March 2026.