India NCLT Insolvency Resolution Filings — March 01, 2026

01-03-2026

Oil and Natural Gas Corporation Limited (ONGC) disclosed a change in senior management personnel, one level below the Board, effective March 1, 2026. Sanjay Kumar Mazumder, Executive Director, will retire due to superannuation. The disclosure is made pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015.

• ·BSE Security Code: 500312; NCD: 959881; Symbol: ONGC (EQ)
• ·CIN: L74899DL1993GOI054155
• ·Registered Office: Plot No 5A-5B, Nelson Mandela Marg, Vasant Kunj, New Delhi-110070

28-02-2026

Punj Lloyd Ltd (in liquidation) has advanced its insolvency resolution by entering a Business Transfer Agreement (BTA) on February 28, 2026, for the sale of its Defence Unit to Adani Defence Systems and Technologies Limited (ADSTL), following the NCLT order dated February 12, 2026. Additionally, its subsidiary Punj Lloyd Aviation Limited signed a Share Purchase Agreement (SPA) on the same date to sell shares of Air Works India (Engineering) Private Limited to ADSTL, as part of the acquisition plan by Adani Infra (India) Limited. This implements the resolution plan amid ongoing liquidation proceedings.

• ·Earlier intimation dated February 12, 2026 and February 13, 2026 regarding acquisition plan.
• ·Liquidator meeting with Successful Bidder on February 28, 2026 to discuss implementation steps.

01-03-2026

Maruti Suzuki India Limited reported total sales of 213,995 units in February 2026, up 7.3% YoY from 199,400 units, primarily driven by a 56.5% surge in exports to 39,155 units and 11.9% growth in utility vehicles to 72,756 units. However, domestic passenger car sales fell 9.1% YoY to 76,624 units, with the compact segment declining 9.0% to 66,386 units and the mini segment remaining flat at 10,238 units. Year-to-date April-February FY 2025-26 sales rose 7.7% to 2,197,462 units, though passenger cars YTD growth was modest at 1.6%.

• ·Mid-size segment (Ciaz) sales dropped to 0 units in February 2026 from 1,097 units YoY.
• ·Sales to OEM declined slightly to 10,710 units from 10,878 units YoY.
• ·Vans (Eeco) sales up marginally 1.1% to 11,620 units YoY.
• ·LCV (Super Carry) sales up 15.5% to 3,130 units YoY.

01-03-2026

Mahindra & Mahindra reported strong February 2026 auto sales of 97,177 vehicles (+18% YoY), driven by Utility Vehicles at 60,018 domestic units (+19% YoY) and Commercial Vehicles at 24,585 domestic units (+10% YoY). Farm Equipment sales reached 34,133 tractors total (+34% YoY), with domestic at 32,153 units (+35% YoY). Trucks & Buses sold 3,018 units (+13% YoY overall), though MTBD Passenger Vehicles declined 1% YoY and LCV <2T sales fell 4% YoY.

• ·Auto YTD Utility Vehicles: 600,004 units (+19% YoY)
• ·Tractor YTD Domestic: 462,527 units (+24% YoY)
• ·Trucks & Buses YTD Total: 27,197 units (+16% YoY)
• ·SML Cargo Vehicles Feb: 486 units (+4% YoY)

01-03-2026

Tata Motors Limited reported 32% YoY growth in total commercial vehicle sales to 42,940 units in February 2026 from 32,533 units in February 2025. Domestic sales rose 32.8% to 40,893 units, supported by strong performance across segments including HCV Trucks (+37.1%), ILMCV Trucks (+34.1%), Passenger Carriers (+27.4%), and SCV cargo & pickup (+30.4%); international sales grew 17.9% to 2,047 units. MH&ICV domestic sales increased 34.4% to 21,423 units, with total MH&ICV up 34.9% to 22,512 units.

• ·Company name changed to Tata Motors Limited effective October 29, 2025.
• ·Equity shares listed on BSE and NSE effective December 12, 2025.
• ·Operates in India and South Korea, with presence in Africa, Middle East, Latin America, Southeast Asia, and SAARC countries.

01-03-2026

TVS Motor Company reported total sales of 529,308 units in February 2026, a robust 31% YoY growth from 403,976 units in February 2025. Two-wheeler sales rose 30% to 507,862 units, driven by 34% growth in scooters (219,895 units) and 60% in EVs (38,386 units), while motorcycles grew 25% to 241,282 units. Exports hit a record 1.58 lakh units (up 27% YoY), with three-wheelers surging 77% to 21,446 units.

• ·Domestic two-wheeler sales: 365,471 units in Feb 2026 (up 32% YoY from 276,072 units)
• ·Two-wheeler exports: 142,391 units in Feb 2026 (up 23% YoY from 115,817 units)

01-03-2026

Adani Enterprises Limited's wholly-owned subsidiary, Adani Defence Systems & Technologies Ltd (ADSTL), executed a Share Purchase Agreement on March 1, 2026, with Punj Lloyd Aviation Ltd (PLAL) to acquire a 14.2% stake in Air Works India (Engineering) Private Ltd, increasing ADSTL's holding from 85.76% to 99.98%. The agreement includes special rights such as the right to appoint directors, first right to subscribe to shares, and restrictions on changes to capital structure. The transaction does not qualify as a related party transaction.

• ·Disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
• ·ADSTL has NIL shareholding in PLAL
• ·Information received by Adani Enterprises on March 1, 2026 at 12:27 AM IST
• ·Not applicable for issuance of shares, termination/amendment details, or board nominees

01-03-2026

Bharti Airtel and Google announced a collaboration on March 01, 2026, to advance spam protection in India through Secure RCS Messaging, integrating Airtel’s AI-powered network intelligence with Google’s RCS platform for enhanced security in rich messaging. Over the last 1.5 years, Airtel blocked 71 billion spam calls and 2.9 billion spam SMSes, achieving a 68.7% decrease in financial losses on its network. However, a critical protection gap remains in non-telco digital platforms and OTT apps, which this partnership seeks to bridge.

• ·Airtel operates in India, Africa (second largest mobile operator), Bangladesh, and Sri Lanka through associates.
• ·Airtel’s retail portfolio includes 4G/5G mobile, Wi-Fi (FTTH+ FWA) up to 1 Gbps, video streaming, digital payments, and financial services.
• ·Enterprise solutions include secure connectivity, cloud, data centres, cyber security, IoT, and cloud-based communication.