Magna Electro Castings Limited has announced the approval of its Annual Operating Budget and Capital Expenditure Budget for Financial Year 2026-27 following a board meeting held on Saturday, March 28, 2026.

Board Meeting Details

The Board of Directors meeting was conducted with specific timing and formal procedures in place. The meeting details are summarized below:

Budget Approvals

The board considered and approved two key financial planning documents for the upcoming financial year:

• Annual Operating Budget for FY 2026-27: This budget outlines the company's operational expenditure and revenue projections
• Capital Expenditure Budget for FY 2026-27: This covers planned investments in assets and infrastructure

These budget approvals represent the company's strategic financial planning for the next fiscal year, providing a framework for operational and capital allocation decisions.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal intimation was communicated to BSE Limited through official correspondence dated March 28, 2026, bearing reference number SEC/BSE/48/2025-26.

Company Secretary and Compliance Officer Divya Duraisamy signed the disclosure document digitally on March 28, 2026, at 17:49:15 +05'30', ensuring proper documentation and regulatory compliance for the budget approval announcements.

Multiple companies filed regulatory compliance notices and corporate announcements on March 24, 2026, covering various business activities from securities transfer to tender notifications and corporate governance matters.

Securities Transfer and Dematerialization Notices

Raunaq International Limited published a notice under Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company announced newspaper advertisements in Financial Express (English) and Jansatta (Hindi) regarding a special window for transfer and dematerialization of physical securities.

Magna Electro Castings Limited also published a similar notice under the same regulations. The company announced newspaper advertisements in Financial Express (English) and Maalai Malar (Tamil) regarding a special window for transfer and dematerialization of physical securities.

The special window facilitates re-lodgement of transfer requests submitted prior to April 01, 2019 that were rejected or not attended to, and fresh lodgement of transfer requests not submitted earlier. Shares transferred during this period will be credited in demat mode only and remain under lock-in for one year.

Tender Announcements and Corporate Actions

Noida Power Company Limited issued a tender notice for smart meters with specific commercial terms:

Mutual Fund Income Distribution

Mirae Asset Mutual Fund declared Income Distribution cum Capital Withdrawal (IDCW) for its Aggressive Hybrid Fund:

The distribution is subject to availability of distributable surplus and applicable statutory levies. NAV will fall to the extent of payout and statutory levy.

Banking Sector Election Results

Bank of Maharashtra announced results for shareholder director election conducted at the Extraordinary General Meeting on March 23, 2026:

Shri Prasenjeet Shrikrishna Fadnavis was declared elected and assumed office from March 24, 2026, with tenure until June 30, 2028.

Rights Issue Extension

Enbee Trade & Finance Limited announced extension of its rights issue timeline through Corrigendum 2:

The rights issue involves up to 120,05,00,007 equity shares of ₹1 each at issue price of ₹1 per share, aggregating up to ₹12,005.00 lakhs.

Government Securities Auction

The Reserve Bank of India announced auction of state government securities for an aggregate amount of ₹57,408 crore (face value), covering multiple states with varying tenures and auction types including both yield basis and price basis auctions.