Overview
- Indian equities closed higher with the Sensex up 575 points and the Nifty up 178, while Tata Motors was among the fastest-rising large caps after its passenger-vehicle unit listed near ₹399–₹400 and the stock opened around ₹403.
- Tata Motors completed the 1:1 split tied to its demerger, with the special price discovery for Tata Motors Passenger Vehicles Ltd determining the new listing price on NSE and BSE.
- Paisalo Digital raised ₹33.73 crore by allotting 700 listed commercial papers via private placement, maturing on 25 March 2026 at an 8.50% yield with IDBI Bank as issue placement agent.
- Servotech Renewable reported incorporating Servotech Renewable International - FZCO in Dubai, and One Point One Solutions approved a wholly owned DIFC subsidiary named ONE POINT ONE MENA HOLDINGS LTD.
- Tiger Logistics said it signed an MoU with Russia’s H2 Invest to introduce CryoSafe cryogenic technology for liquid hydrogen storage and transport in India, and Spright Agro disclosed a ₹283.77 crore oilseeds order that kept its stock at upper-circuit levels.