India Pre-Market Regulatory Roundup — March 12, 2026

11-03-2026

The Board of Skyline Ventures India Limited approved the acquisition of 100% equity in SPVO Two Point O Ventures Tech Private Limited for ₹1 Lakh, with potential investment up to ₹3.97 Cr, to operate business through a new wholly owned subsidiary amid operational challenges including inactive GST/bank accounts, pending FY 2024-25 and Q2/Q3 financials, and forensic audit issues. The Board also approved seeking shareholder approval via postal ballot for increased borrowing powers up to ₹23.97 Cr, investment limits up to ₹23.37 Cr, and disposal of undertakings up to ₹23.97 Cr. Additionally, they noted the resignation of CFO Ms. Swapna Tervati (deferred), appointed a scrutinizer, and authorized investigations into detrimental matters.

• · Board meeting held on March 11, 2026, from 4:00 PM to 8:45 PM.
• · Proposal allows NRIs to hold up to 24% of paid-up capital per FEMA.
• · Challenges noted: transfer of information/data/assets, GST, bank accounts, MCA details from erstwhile directors.

11-03-2026

Bharat Forge Limited invested ₹1,600.35 million (equivalent to €15 million) in its wholly-owned subsidiary Bharat Forge Global Holding GmbH (BFGH) via contribution to capital reserve, maintaining 100% ownership. BFGH, a holding company for overseas investments, saw turnover rise 27.2% YoY to €6.50 million in 2024 from €5.11 million in 2023; however, it declined 18.6% from €6.28 million in 2022. The transaction, treated as a related party transaction on arm's length basis, was completed by March 11, 2026.

• · BFGH incorporated on December 15, 2003, in Germany.
• · Requisite governmental/regulatory approvals obtained.
• · References prior intimations dated November 14, 2022, and August 8, 2024.
• · BFGH holds investments in manufacturing subsidiaries in Germany, Sweden, and France.

11-03-2026

Equity shareholders of Aster DM Healthcare Limited approved the Scheme of Amalgamation with Quality Care India Limited (QCIL) by the requisite majority, with 96.68% of votes (46,58,30,661 out of 48,18,27,509 polled, representing 93% of 51.81 Cr total shares) cast in favor during the NCLT-convened meeting on March 10, 2026. Promoter and promoter group shares (20.93 Cr) voted 100% in favor, public institutions showed 92.76% support (with 7.24% against), and public non-institutions nearly unanimous at 99.99%. However, 3.32% overall votes (1,59,96,848) were against the scheme.

• · Remote e-voting period: March 6, 2026 (9:00 AM IST) to March 9, 2026 (5:00 PM IST)
• · Meeting held via VC/OAVM on March 10, 2026 from 10:00 AM to 10:55 AM IST
• · NCLT Hyderabad Bench order dated January 21, 2026 for convening the meeting
• · Observation letters from BSE and NSE dated October 6, 2025

11-03-2026

Galactico Corporate Services Limited has rescheduled its Board of Directors meeting from March 14, 2026, to March 13, 2026, via video conferencing to discuss regulatory compliance matters. The agenda includes reviewing non-core activities, maintaining liquid net worth and capital adequacy norms, evaluating non-SEBI regulated activities for potential separate structuring, and considering the sale of a material investment in equity shares of Seven Hills Beverages Limited. No financial outcomes or quantitative impacts from the meeting have been disclosed yet.

• · Meeting to be held at deemed Registered Office: Off No. 68, Business Bay premises, Co-op HSG SoC, Nashik - 422002 MH IN
• · SEBI Registration: INM000012519
• · CIN: U74110MH2015PLC265578
• · Script Code: 542802
• · Director DIN: 05173313

11-03-2026

Harish Textile Engineers Limited held an Extra-Ordinary General Meeting (EGM) on March 11, 2026, via Video Conferencing with 86 shareholders attending (2 promoters and 84 public) out of 9,862 on record date. The meeting focused on a special resolution for approving the issue of equity shares on a preferential basis to promoter and non-promoter categories, with proceedings concluding without reported issues after shareholder queries were addressed. No voting results were disclosed in the summary of proceedings.

• · EGM commenced at 11:03 a.m. and concluded at 11:35 a.m. on March 11, 2026.
• · Remote e-voting period: March 8, 9:00 a.m. to March 10, 5:00 p.m., 2026.
• · Record date for shareholders: March 4, 2026.
• · Notice of EGM dated February 10, 2026; Corrigendum issued for clarification.

11-03-2026

Supriya Lifescience Limited has published newspaper advertisements in Financial Express (English) and Loksatta (Marathi) on March 11, 2026, for the Notice of Postal Ballot dated February 09, 2026, seeking shareholder approval via remote e-voting for the appointment of two Non-Executive Independent Directors: Mr. Manish Panchal (DIN: 08431492) for a term of five years from February 09, 2026 to February 08, 2031, and Mr. Kolhanda Raman Hari (DIN: 08901674) for a second term of five years from the same dates. E-voting commences on March 11, 2026 at 9:00 AM IST and ends on Friday, March 14, 2026 at 5:00 PM IST, with a cut-off date of February 27, 2026. The process is facilitated by NSDL, with CSS Anamika Umbargikar appointed as Scrutinizer.

• · Cut-off date for e-voting eligibility: February 27, 2026.
• · Postal Ballot Notice sent electronically on March 10, 2026 to members whose names appear in the Register of Members/Beneficial Owners as on cut-off date.
• · No physical copies of Notice, Postal Ballot Form, or prepaid envelopes will be sent.
• · Last date for e-voting: March 10, 2026 (deemed effective date for passing resolutions as per SS-2).

12-03-2026

Adani Ports and Special Economic Zone Limited announced the final results of its cash tender offers, accepting US$102,084,000 aggregate principal of 4.0% Senior Notes due 2027 (including US$101,584,000 early and US$500,000 late tenders, out of maximum US$345,137,000) and US$97,490,000 of 3.10% Senior Notes due 2031 (US$95,360,000 early and US$2,130,000 late, out of maximum US$150,000,000). While this partially reduces outstanding debt under its capital management plan, the tenders saw limited additional uptake after the early deadline, falling well short of the maximum acceptance amounts. Final settlement is expected on or about March 16, 2026.

• · Early Tender Date: February 24, 2026 (5:00 p.m. New York time)
• · Expiration Date: March 11, 2026 (5:00 p.m. New York time)
• · Previous intimations dated May 28, 2025; May 31, 2025; February 10, 2026; February 25, 2026
• · Transaction website: https://projects.sodali.com/adaniports