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Kansai Nerolac: A Section 74 demand lands on a paint company's desk – India Corporate News Digest, 31 Mar 2026

Mar 31, 2026

Corporate exits & bombshells

BASF India: Dyes killed, coatings sold — a double exit before the fiscal year closed

BASF India: A German giant quietly dismantles its India industrial footprint

Aditya Birla Capital: Debt raised and equity bought — both on the same day

Courts, bail & banks

Tijaria Polypipes: Bail order. High Court. Magistrate appeal. Bank settlement. One company. One day.

Tijaria Polypipes: The BSE filing that reads like a crime docket

Tijaria Polypipes: Fighting everyone — and filing proof of it

GST & tax orders

CEAT Limited: Tamil Nadu's GST intelligence unit knocked. A tyre company answered.

Kansai Nerolac: A Section 74 demand lands on a paint company's desk

Oriental Aromatics: Tax show cause notice. Last day of the fiscal year. No good timing for this.

AMNPLST: Income tax called. About 2013. In 2026.

AMNPLST: A 12-year-old tax ghost just came alive

Bayer CropScience: A notice received, filed as "restricted." What isn't being said?

Compliance & defiance

Kesoram Industries: Filed a four-year-old letter. Refused to pay the fine.

Kesoram Industries: To BSE: we won't pay. Here's the document you wanted anyway.

Deals, acquisitions & restructuring

Jubilant Ingrevia: A pharma acquisition that quietly changed terms

Nexxus Petro Industries: 3.99 acres in Rajasthan, sold. A small company getting smaller.

Indo Amines: Subsidiary demoted to associate. Who lost control — and why?

Coromandel International: The executive who changed portfolio on March 30, without a press release

Capacity & milestones

DCW Limited: Ten thousand tonnes of CPVC capacity — finally complete

IG Petrochemicals: Plasticizer plant done. Now can they sell it?

Tata Chemicals: One million tonnes. The number behind India's soda ash story.

Board & governance moves

Garware Hi-Tech Films: New insider trading code, board overhaul, three filings — one day. Why now?

Sadhna Nitro Chem: An NFRA circular forced a new governance committee nobody noticed

Captain Pipes: Independent directors held a meeting without management in the room

Shareholder power

MRF: The chairman's pay revision just got voted through by post

Castrol India: 48 AGMs in. What shareholders actually voted for this year.

Neogen Chemicals: EGM held yesterday. Results filed today. What passed behind closed screens?

Avro Industries: An extraordinary meeting held by video call. The resolution that wasn't ordinary.

Premier Polyfilm: Postal ballot open. Promoter stake moved. Same company, same week.

Ishan Dyes: A shareholder vote is open. The deadline most people missed.

Mergers & amalgamations

EPL Limited: A merger was explained to investors on a call. The recording is now public.

EPL Limited: One company being absorbed into another. Here's what analysts were told.

Debt & capital

Timetec: Commercial paper matured, repaid on time. A rare clean story on a messy day.

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