India NCLT Insolvency Resolution Filings — March 06, 2026

06-03-2026

Cyient Limited disclosed that the NCLT Bengaluru Bench has ordered the liquidation of its 50:50 joint venture Infotech HAL Limited under Sections 33(2) and 34(1) of the IBC 2016, appointing Mr. Vasudevan Gopu as Liquidator, following CoC approval with 78.70% votes due to the JV being non-operational for three years with no employees or revival potential. Total admitted creditor claims stand at ₹1.15 Cr against a current bank balance of ₹12.44 L after CIRP expenses of ₹4.51 L, with estimated liquidation costs of ₹3.56 L deemed coverable. This marks a negative development with no assets beyond cash to support ongoing operations.

• · CIRP admitted on 22.08.2025; CoC constituted 15.09.2025 and reconstituted on 30.09.2025 & 27.10.2025
• · NCLT order dated 27.02.2026; received by Cyient on 03.03.2026; disclosure filed 06.03.2026
• · Other key CoC members: All Time Support (₹12 L, 10.42%), Employees' Provident Fund (₹13.60 L, 11.80%)
• · Liquidator to issue public announcement within 5 days and submit preliminary report within 75 days

06-03-2026

Yes Bank Limited disclosed an advance schedule of upcoming analyst/institutional investor meetings under Regulation 30 of SEBI Listing Regulations, including the 360 ONE Capital (B&K) physical group/1x1 meetings in Mumbai on May 27-29, 2026, and the 16th Annual Investor Meetings Conference - TRINITY INDIA 2026. No Unpublished Price Sensitive Information (UPSI) will be shared, and the schedule may change due to exigencies. Participant lists will be submitted post-event, with details hosted on the bank's website.

• · NSE Symbol: YESBANK
• · BSE Scrip Code: 532648
• · Disclosure pursuant to Regulation 30 read with clause 15 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

06-03-2026

Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, signed a Memorandum of Understanding (MoU) with Finnish foods company Fazer Group on March 6, 2026, to establish a long-term strategic partnership for producing, marketing, and distributing Fazer’s premium chocolates and confectionaries in India using Fazer’s recipes. The collaboration leverages RCPL’s access to nearly 3 million retail outlets and deep market expertise alongside Fazer’s iconic brands to tap into India’s rapidly growing chocolate market. No financial terms or commitments were disclosed in the announcement.

• · RCPL inception in 2022 with expansion in chocolate & confectionary via revived heritage brands.
• · Fazer operates in Nordics, Baltics, Poland, China, and exports to more than 40 countries.
• · MoU signed during President Alexander Stubb’s state visit to India to strengthen India-Finland business ties.

06-03-2026

Bondada Engineering Limited has informed BSE Limited about its management's participation in the Arihant Capital (Broking) Virtual Conference on March 10, 2026, from 12:00 PM to 1:00 PM in a virtual group meeting format. No unpublished price sensitive information will be discussed, with talks based solely on publicly available data. The meeting may be cancelled, rescheduled, or postponed due to unavoidable circumstances.

• · Scrip Code: 543971
• · Symbol: BONDADA
• · CIN: L28910TG2012PLC080018
• · Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

06-03-2026

BSE sought clarification from Ashok Leyland Ltd (500477) on March 06, 2026. No details on the subject of the clarification, corporate actions, financial metrics, or any quantitative data are provided in the notice. Sector is not specified.

06-03-2026

Mahindra & Mahindra Ltd. has intimated the schedule of an Analyst/Institutional Investor Meeting at the Arihant – Bharat Connect Conference on 11 March 2026, from 03:00 p.m. to 04:00 p.m. IST in Mumbai (group meet, virtual mode). No unpublished price-sensitive information will be shared, and the schedule may change due to exigencies. This is pursuant to Regulation 30(6) of SEBI (LODR) Regulations, 2015.

• · Meeting venue: Mumbai; Mode: Virtual
• · No registrations or specific platform requirements mentioned

06-03-2026

SKIL Infrastructure Limited, under Corporate Insolvency Resolution Process (CIRP) per Hon’ble NCLT Mumbai order dated February 1, 2024, conducted its Fourth Committee of Creditors (COC) meeting on March 5, 2026, via virtual mode. The COC approved a two-week extension for Prospective Resolution Applicants to submit resolution plans with ₹5 Cr Earnest Money Deposit, shifting the deadline from March 6 to March 20, 2026. This procedural update signals ongoing insolvency proceedings with no immediate resolution, highlighting the company's distressed financial state.

• · NSE Symbol: SKIL
• · BSE Scrip Code: 539861
• · RP Contact: cirpskil@gmail.com, +917718851633
• · RP IBBI Registration No. IBBI/IPA-002/IP-N00940/2019-20/12993 (Valid till December 31, 2026)

06-03-2026

CRISIL Ratings reaffirmed InterGlobe Aviation Limited (IndiGo)'s long-term bank facilities rating at 'Crisil AA-/Positive' and short-term at 'Crisil A1+', removing them from 'Rating Watch with Developing Implications' due to swift operational recovery post-FDTL phase-II disruptions and strong liquidity of ₹36,945 Cr as of Dec 31, 2025. Revenue from operations grew 6.6% YoY to ₹62,524 Cr in 9M FY26, supported by healthy passenger demand, however EBITDAR margin declined to 20% from 24.1% in the prior period amid external challenges and forex losses. Domestic market share recovered to ~64% for Apr-Jan FY26 after dipping to 59.6% in Dec 2025, while ongoing Middle East disruptions and regulatory penalties (₹22.2 Cr fine + ₹50 Cr bank guarantee under ISRAS) remain monitorable.

• · Ratings placed on 'Watch Developing' on Dec 08, 2025, due to flight disruptions; DGCA FDTL phase-II exemption till Feb 10, 2026.
• · Net debt (considering free cash) to EBITDAR ratio expected at 2.0–2.1x in FY26.
• · Fleet average age ~4.7 years as of Dec 31, 2025; ~80% Neo aircraft.
• · ISRAS involves phased release of ₹50 Cr bank guarantee over 15 months tied to DGCA verification.

06-03-2026

Oil and Natural Gas Corporation Limited (ONGC) has been allotted 70,30,676 equity shares of ₹100 each by Bharat Ethane One IFSC Private Limited and another 70,30,676 equity shares of ₹100 each by Bharat Ethane Two IFSC Private Limited on a rights basis. This allotment maintains ONGC's 50% shareholding in both joint venture entities, formed with Mitsui O.S.K. Lines Ltd., Japan, as previously disclosed on 22.01.2026. The disclosure is for stock exchange records.

• · Joint ventures registered in Gift City, Gandhinagar.
• · ONGC reference letter dated 22.01.2026 on becoming 50% JV partner.
• · CIN: L74899DL1993GOI054155

06-03-2026

Tata Consultancy Services Limited (TCS) has disclosed the schedule of an Analyst/Institutional Investor Meeting pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The event is the Nomura India Corporate Day on March 17, 2026, at 6:30 pm IST, conducted virtually with Key Managerial Personnel (KMP). The schedule is subject to change, and no financial or performance data is provided.

• · Corporate Identity No. (CIN): L22210MH1995PLC084781
• · Filing reference: TCS/SE/219/2025-26