Park Medi World Ltd, through its subsidiary AHRSPL, has signed a 28-year agreement to operate and manage a 300-bed hospital in Kanpur. Following an asset-light model, the company will focus on modernization and equipment, avoiding large...
Coforge Limited has unveiled a dual-pronged AI strategy targeting software and semiconductor firms. By introducing its 'Nuuron' enterprise AI platform and 'Momentuum blue' engineering model, the company aims to help clients transition fr...
One Mobikwik Systems reports that the NPCI will introduce a 0.4% Merchant Discount Rate on UPI transactions above ₹2,000 starting October 15, 2026. This move allows the company to monetize UPI P2M payments both as a third-party app provi...
ACME Solar Holdings Limited has commissioned Phase-I capacity of its hybrid renewable projects in Rajasthan, including 66.68 MW solar capacity and 300 MWh battery energy storage system capacity. The commissioning takes the company’s oper...
Tilaknagar Industries has completed the first tranche of its planned investment in Black Tiger Distilleries, acquiring a 12.5% fully diluted stake for ₹6 crore. The transaction advances the company’s previously approved strategic expansi...
Rossell Techsys Limited will hold a board meeting on September 18, 2026 to consider raising capital through a preferential allotment of equity shares. The company will seek shareholder approval through an Extraordinary General Meeting if...
Apollo Micro Systems Ltd clarified that the Andhra Pradesh High Court rejected a competitor’s challenge against its defence tender award as L-1 bidder. The company said the tender remains intact and the reported ₹1 bid reference was unre...
Edelweiss Financial Services said its subsidiary Comtrade Commodities Services has received SEBI settlement approval under the NSEL Settlement Scheme, 2025. The company stated that the resolution will have no financial, operational, or b...
Davangere Sugar Company shareholders approved all 10 resolutions at the 55th AGM, including a promoter preferential warrant issue, higher capital limits, overseas investment approvals and subsidiary-related transactions. Investors will t...
RPG Life Sciences has successfully finalized the acquisition of Raghava Life Sciences’ API and intermediates business via a slump sale. Executed through its subsidiary, RPG Active Pharma, this deal expands the company's manufacturing foo...
SAB Events & Governance Now Media has scheduled a board meeting for September 18, 2026, to execute an NCLT-approved merger with Sri Adhikari Brothers Digital Network. The company plans to issue 436 shares for every 100 shares held in the...
One 97 Communications (Paytm) will start earning revenue from merchant UPI transactions above ₹2,000. Under new NPCI guidelines effective October 15, 2026, merchants will face an MDR of up to 0.4%, while consumer payments remain free. Th...
Vikram Solar Ltd has inked a Rs 1,250 crore agreement with Avaada Electro Limited to procure 1GW of N-Type G12R TOPCon solar cells. Commencing in September 2026, the deal aims to strengthen Vikram Solar's supply chain and support its Dom...
Esaar (India) Limited has concluded its Rights Issue, allotting 5.99 crore fully paid-up equity shares at Rs 10 per share. The process, completed on September 15, 2026, significantly boosts the company's paid-up capital from Rs 20.44 cro...
Maharashtra Seamless Limited has successfully concluded its 38th Annual General Meeting, where shareholders approved a dividend of Rs 10.00 per share. The company also formalised key leadership changes, including the appointment of Mr. S...
Sunshine Pictures Limited has posted a net profit of Rs 0.25 crore for the quarter ended June 30, 2026, marking a turnaround from the Rs 1.08 crore loss reported in the year-ago period. Revenue from operations witnessed a significant jum...
VIP Industries has announced that its board will meet on September 18, 2026, to discuss various capital-raising options, including equity, debt, and convertible securities. This is a preliminary step, and no specific amounts or timelines...
Vedant Fashions Limited has announced that its Chief Financial Officer, Rahul Murarka, will step down from his position on November 14, 2026. The company stated that the CFO is leaving to pursue other professional opportunities. As of no...
Salasar Techno Engineering has reported a provisional attachment order from the Directorate of Enforcement covering assets worth Rs 98.31 crore. The order, issued under the PMLA, covers segments of its Bhilai plant and a solar facility,...
Granules India has received the final Rs 1,093 crore payment from its promoter group via the conversion of warrants. This capital infusion has moved the company into a net cash surplus position, strengthening its balance sheet and provid...
Voith Paper Fabrics India Ltd has initiated a postal ballot process to confirm the appointment of Mr. Asesh Kumar Mukherjee as Managing Director. The proposed five-year term includes an annual salary of Rs 3.48 crore and additional perqu...
Viceroy Hotels Ltd has finalized its rights issue, allotting over 92 lakh equity shares to raise approximately Rs 105.83 crore. The company’s equity base now stands at 7.67 crore shares.
AJC Jewel Manufacturers delivered a strong Q1 FY27 performance, with revenue surging to Rs 101.38 crore from Rs 45.12 crore in the same period last year. The company is reviving its acquisition of an 80% stake in its Sharjah-based UAE en...
Blue Dart Express has announced that Managing Director Balfour Manuel will retire on November 29, 2026. R.S. Subramanian, currently the MD of DHL Express India, has been appointed as his successor for a term beginning November 30, 2026....
Cubical Financial Services has filed its Committee of Independent Directors' recommendation regarding the open offer from new acquirers. Shareholders are evaluating the Rs 2.44 per share offer for 26% of the company's equity capital.
SMC Global Securities has approved the draft prospectus for a public issue of Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) worth up to Rs 150 crore. The total issue includes a base size of Rs 75 crore and a green...
India Home Loan Ltd has announced the departure of two directors, Mahesh Manharlal Shah and Mitesh M. Pujara, effective September 11, 2026. The exits follow the company's 36th Annual General Meeting, where shareholders did not approve th...
ARCL Organics reported a consolidated income of Rs 276.25 crore for FY26, as the company cleared long-standing legacy tax and customs disputes totaling Rs 14.79 crore. These one-time settlement charges impacted the bottom line, which sto...
Tribhovandas Bhimji Zaveri Ltd has received a Draft Letter of Offer from GRT Jewellers (India) Private Limited after a promoter stake acquisition agreement triggered a mandatory open offer. GRT will acquire 74.12% stake through the SPA a...
Ashoka Buildcon Limited informed shareholders that the completion timeline for divesting stakes in three road SPVs has been extended to October 31, 2026. The transaction with Epic Concesiones 2 Private Limited and related investors remai...
Mangalam Drugs & Organics Ltd has disclosed ongoing defaults on cash credit facilities totaling Rs 15.57 crore across two major lenders. The defaults, which originated in October 2025, remain unresolved as of September 2026. Management i...
Western Carriers (India) Ltd has fully activated its 42-acre Gati Shakti Cargo Terminal in Devaliya, Gujarat. The terminal will serve key industries including ceramics and salt, boosting the company's multi-modal logistics presence along...
GMR Airports reported a 0.9% year-on-year increase in passenger traffic for August 2026, serving 9.4 million passengers. Delhi Airport achieved record-breaking volume growth, while Hyderabad, Mopa, and international assets faced declines...
A. K. Capital Services Ltd concluded its 33rd Annual General Meeting with shareholders approving 16 key resolutions, including a final dividend of INR 22 per share. The company also secured mandates for a INR 500 crore commercial paper i...
Allied Blenders and Distillers has received a licence from the Telangana government to manufacture malt spirits at its Rangapur facility. Moving away from third-party sourcing, this shift aims to boost operational efficiency and paves th...
Mukta Arts Limited has mutually terminated three key transaction agreements with Maverick Media and Mr. Rajiv Malhotra regarding its subsidiary, Mukta A2 Cinemas. The company confirmed that these agreements, which included a binding term...
Swadeshi Industries & Leasing Ltd shareholders cleared a strategic overhaul at the company's 42nd AGM. Key resolutions include a proposed name change, alteration of the object clause, and authorization for investments and loans of up to...
Mobavenue AI Tech Limited has announced the internal merger of its wholly-owned material subsidiary, Mobavenue Media Private Limited. This consolidation is a structural move designed to reduce administrative overheads and improve cash ma...
Cube Highways Trust has announced the concession expiry of its SPV, Andhra Pradesh Expressway Private Limited (APEPL), effective September 14, 2026. The entity has commenced the formal handover of the Kothakota to Kurnool highway segment...
India Ratings and Research has upgraded Motilal Oswal Financial Services' long-term credit rating to 'IND AA+/Stable' from 'IND AA/Positive'. This upgrade acknowledges the group's improved revenue diversification, robust profitability, a...
Tata Communications has reached an in-principle agreement with the Canada Revenue Agency to settle tax claims involving its subsidiary, Tata Communications (Canada) Ltd. The company confirmed that this development will have no material f...
Interarch Building Solutions has disclosed receiving an Income Tax notice under Section 142(1) as part of an ongoing block assessment related to previous search operations. The company clarified that no financial demand or penalties have...
Alphalogic Techsys has approved the allotment of 18 lakh convertible warrants to Vivaro Enterprises at Rs 30 each. The move marks a strategic capital raise with a potential 2.79% stake dilution upon full conversion within the 18-month ex...
R R Kabel Ltd has started commercial production at its new Unit 3 facility in Silvassa, dedicated to wires and cables. Operations launched with an initial annual capacity of 12,000 MT, with plans to scale up to 18,000 MT by December 2026...
Vardhman Polytex Limited has initiated a partial repayment of Rs 1.50 crore towards its secured, redeemable, and optionally convertible debentures (OCDs). The payment, funded by advances from the sale of its Ludhiana-based land, reduces...
Hi-Tech Pipes reported strong FY26 results with revenue climbing 37% to Rs 4,200 crore. The company reached a 1 million MTPA capacity milestone after commissioning three new plants. A minor corrigendum was issued for its BRSR sustainabil...
Share India Securities has scheduled a board meeting for September 18, 2026, to discuss and approve a potential fundraising proposal. The company is evaluating options such as the issuance of equity shares, warrants, or other convertible...
Lords Mark Industries has unveiled an ambitious growth strategy, projecting a revenue surge to ₹2,638 crore by FY29. The roadmap emphasizes scaling its MedTech, dialysis, and renewable energy segments, alongside a proposed FPO in FY27 an...
Aurobindo Pharma’s subsidiary, Apitoria Pharma, completed a US FDA inspection at its Telangana-based API unit with a single procedural observation. The company confirmed it will address the minor finding within the regulatory timeline, s...
![Sedemac Mechatronics Rating Upgraded to [ICRA]A With Positive Outlook](https://images.whalesbook.com/corporate-news/images/images/mu342wja6536.jpeg)
ICRA has upgraded Sedemac Mechatronics’ long-term bank facilities to [ICRA]A with a positive outlook, citing strong revenue growth and improved profitability. The company reported a 61% surge in revenue for FY2026, reaching Rs 1,061.1 cr...
Jainco Projects (India) Limited has announced that the Section 7 insolvency petition filed against the company has been withdrawn. The company is now awaiting a formal closure order from the NCLT Kolkata, signaling a significant de-escal...
Oseaspre Consultants Ltd has announced a board meeting scheduled for September 18, 2026, to evaluate a proposal for raising funds via preferential issue or private placement. The board will determine the issue price and discuss the strat...
Esaar India Ltd completed its rights issue by allotting 5,99,64,667 fully paid-up equity shares at ₹10 each, raising ₹59.96 crore. The allotment expands paid-up equity capital from ₹20.44 crore to ₹80.41 crore and increases outstanding s...
Titagarh Rail Systems and Bharat Heavy Electricals have formed a 50:50 joint venture to maintain 80 Vande Bharat sleeper trainsets under a 35-year Indian Railways contract. The agreement creates a dedicated structure for the maintenance...
SSMD Agrotech India Limited announced that Chief Financial Officer Dharmendra Sharma has tendered his resignation, effective September 15, 2026. The board will review the resignation in accordance with SEBI guidelines. Investors should t...
NBCC (India) Ltd has bagged new work orders totaling Rs 144.98 crore across various government projects. These contracts include PMC services, infrastructure construction, and building renovations for clients like SAIL, NEEPCO, and the E...
Fineotex Chemical Ltd successfully concluded its 23rd Annual General Meeting, with shareholders passing all six resolutions. Key approvals include the final dividend payout and an enabling resolution for future fundraising via equity or...
Khadim India reported a weak Q1 FY27 performance with revenue from operations falling 18.7% and profit after tax declining 39.2% year-on-year. The footwear retailer maintained its asset-light expansion strategy with 825 branded outlets,...
GMM Pfaudler Limited has announced that Group CFO Alexander Poempner will step down on November 4, 2026, to pursue new opportunities. The board has appointed current Deputy CFO Ankit Nayyar as his successor. To ensure operational continu...
Vikran Engineering’s 18th Annual General Meeting revealed a strong FY26 with Rs 1,249 crore in revenue and an order book expansion to Rs 6,496 crore as of August 2026. The company is aggressively scaling its solar footprint following the...
SKIL Infrastructure Limited has reported a consolidated net profit of Rs 174.44 lakhs for the December 2025 quarter while continuing through corporate insolvency proceedings. Investors should note significant auditor qualifications regar...
Raymond Realty has announced plans to raise Rs 408.76 crore through a preferential issue of 66.57 lakh warrants to its promoter group, J K Investors (Bombay) Limited. The funds will primarily support real estate projects in Thane. An EGM...
Sandesh Ltd approved a final dividend of Rs 5 per share at its 83rd Annual General Meeting and re-appointed Falgunbhai C. Patel as Chairman and Managing Director for five years from April 2027. Shareholders also approved higher borrowing...
Bharat Forge has entered a strategic collaboration with Pratt & Whitney Canada to evaluate advanced turboprop engines for a DRDO-led high-altitude, long-endurance (HALE) unmanned aerial vehicle project. The partnership aligns with the go...
Mobavenue AI Tech Ltd has announced the merger of its wholly-owned subsidiary, Mobavenue Media Private Limited, into its operations. The move is designed to streamline corporate structure, reduce management overlap, and consolidate resou...
Tuni Textile Mills has filed its Letter of Offer for a rights issue to raise Rs 48.99 crore. The company will offer 48.99 crore shares at Rs 1 each in a 15:4 ratio. Proceeds will fund debt repayment, infrastructure upgrades at its Murbad...
Beezaasan Explotech Ltd will hold a board meeting on September 18, 2025, to evaluate a proposal for fundraising via preferential equity allotment and a share-swap acquisition of Asawara Earthtech Limited. The company has closed its tradi...
Sandesh Ltd's 83rd AGM concluded with shareholders approving a final dividend of Rs 5 per share. The company also secured significant financial headroom, increasing its investment and loan limit to Rs 2000 crore and mortgage capacity to...
K M Sugar Mills has received NCLT Allahabad approval to demerge its Distillery Division into a separate entity, KM Spirits and Allied Industries. Shareholders will receive one share in the new company for every five shares held in K M Su...
Sigachi Industries has conducted its first Extraordinary General Meeting (EGM) for FY27, focusing on a major capital expansion plan. The company sought shareholder approval to increase its authorised share capital and issue 11 crore conv...
Restaurant Brands Asia has completed a capital injection of IDR 100 billion into its Indonesian subsidiary, PT Sari Burger Indonesia. The parent company subscribed to 1,00,000 redeemable cumulative non-convertible preference shares to fu...
Birlasoft Limited has published its first consolidated Sustainability Report for FY 2025-26, highlighting key financial and ESG metrics. The company reported revenue of Rs 5,310 crore and a PAT of Rs 518.4 crore. Birlasoft reiterated its...
One 97 Communications (Paytm) has reported a significant turnaround, swinging to a profit of Rs 552 crore in FY 2026 compared to a loss of Rs 663 crore last year. At its 26th AGM, the company confirmed revenue growth of 22% and a strong...
Saatvik Green Energy Ltd has secured a significant Rs 1,041.63 crore contract from the Solar Energy Corporation of India (SECI) for the supply of Solar PV modules. This government-backed order provides the company with substantial revenu...
CARE Ratings has upgraded Shree Refrigerations Limited’s bank facilities to investment grade (BBB-), citing higher operating income and improved liquidity. The company reported a significant order book of Rs 279.67 crore, bolstering reve...
India Pesticides Ltd has received regulatory clearances for an insecticide in the UK and a herbicide in Argentina. These approvals are set to bolster the company's international expansion and export growth, marking a strategic milestone...
S H Kelkar and Company Limited has announced the passing of its Non-Executive Chairman, Mr. Ramesh Vaze, on September 15, 2026. A veteran industry leader, Vaze was instrumental in building the company over six decades and pioneered autom...
SPEL Semiconductor Ltd held its 41st AGM, seeking shareholder approval for a major Rs 500 crore fundraising plan, a rights issue, and the authority to sell or lease major company undertakings. The company also initiated a debt restructur...
Canara Bank has received RBI approval to exercise the call option on its Rs 1,500 crore Basel III compliant Additional Tier I (AT1) bonds. This move is part of the bank's routine capital management strategy and follows regulatory complia...
GTPL Hathway has officially finalized the acquisition of the cable television business from seven ACT Group companies. The deal, valued at Rs 35.55 crore in cash, marks a strategic move for the company to expand its footprint in the cabl...
Ghanshyam Hansrajani has signed a Share Purchase Agreement to acquire a 26.5% stake in Mayur Leather Products Ltd at Rs 15 per share. This trigger requires an open offer for 26% of the company at Rs 27.92 per share. Investors should note...
Hampton Sky Realty has secured a three-month extension from the Registrar of Companies to hold its 39th Annual General Meeting. The company cited ongoing Enforcement Directorate proceedings and search operations as the primary reasons fo...
CMI Ltd has released financial results for the quarter ended December 31, 2025, revealing a net loss of Rs 1.79 crore. The company is currently under the Corporate Insolvency Resolution Process (CIRP) initiated by Canara Bank. Auditors h...
Sonata Software’s domestic arm, Sonata Information Technology Limited, has inked a five-year strategic collaboration agreement with AWS to accelerate cloud and AI modernization for Indian enterprises. The partnership targets growth in BF...
Yaan Enterprises Ltd has secured a Rs 15.86 crore contract from the State Agri Horticultural Development Co-operative Society for the supply of yellow maize. The deal includes a 20% advance payment and is expected to be executed within t...
Bharat Heavy Electricals Limited (BHEL) has entered a 50:50 joint venture with Titagarh Rail Systems Limited (TRSL) to provide long-term maintenance for Vande Bharat Sleeper trainsets. The partnership, spanning a 35-year service period,...
Purple Style Labs Ltd has approved a INR 420 crore capital injection into its subsidiary, PSL Retail Private Limited, via a rights issue. The funds, sourced from the company's recent IPO proceeds, will cover lease liabilities for its Per...
Novartis India is launching a major commercial reset, shifting to an in-house sales model and aggressively expanding its distribution network to 25 agents. The company plans to double its revenue over the next 4-5 years, supported by the...
Shree Renuka Sugars has scheduled its 30th AGM for September 22, 2026, to seek shareholder approval for director re-appointments, new board appointments, and performance bonuses. The company reports a net loss of Rs 6,989 million for FY2...
Yashraj Containeurs Ltd has announced the 25th meeting of its Committee of Creditors (CoC) to be held on September 15, 2026. The company is currently under the Corporate Insolvency Resolution Process (CIRP). The meeting, presided over by...
Smaart Tech Services, formerly Sharp India, has been issued a demand notice by Unbounded Opportunities Fund SPC for a Rs 15.84 crore loan. The company is currently exploring an amicable resolution or payment extension to avoid potential...
Piramal Finance reported a stellar Q1 FY27 with PAT soaring 67% YoY to ₹461 crore. The company saw robust 25% growth in total AUM, reaching ₹1,06,940 crore, while asset quality improved as GNPA moderated to 2.4%.
Futura Polyesters Ltd reported a ₹12.76 crore loss for the quarter ended December 2024 and a ₹29.82 crore loss for the nine-month period. The company, whose manufacturing operations ceased in 2012, also disclosed that it completed a ₹243...
Adon Agro Commodities Ltd has officially incorporated a wholly-owned subsidiary, ADON AGRO COMMODITIES CHILE SPA, based in Santiago. The company invested USD 10,000 to establish this entity, which will focus on the procurement, processin...
Prime Industries Ltd promoters have offloaded 41.91 lakh shares, reducing their total voting capital from 26.07% to 6.11%. The bulk sale was executed through open market transactions on September 11, 2026. This significant divestment by...
JSW Dulux has received a Show Cause Notice from the Karnataka GST Department for Rs 10.61 crore concerning input tax credit claims from April 2022 to March 2023. The company is currently reviewing the notice to file a formal response.
Promoters and persons acting in concert have increased their collective stake in Shah Alloys Ltd to 6.61% from 4.41%. The acquisition involved 435,576 shares purchased through the open market, triggering mandatory disclosure requirements...
Galaxy Bearings has finalized the sale of two unutilized land parcels in Sanaswadi, Pune, for a total consideration of Rs 2.75 crore. The company confirmed that the buyers are not related parties and that the land is not currently contri...
Kavveri Defence & Wireless Technologies has announced a confirmed order book of Rs 22 crore for its defence-focused radio frequency components. The company expects to execute these supply orders within the next two to three months. Manag...
Muzali Arts Limited has declared a profit of Rs 48.25 lakh for FY 2025-26, a turnaround from the previous year's loss. However, the company faces significant headwinds including a continued BSE listing suspension, unresolved disputes ove...
Lloyds Engineering Works Limited disclosed that promoter Lloyds Enterprises Limited created an additional pledge over 37 lakh shares in favour of Tata Capital Limited on September 9, 2026. The fresh encumbrance takes total pledged shares...
Inter State Oil Carrier Ltd's 42nd AGM saw shareholders reject two critical resolutions regarding executive remuneration and related party transactions. While routine agenda items like financial statements and director re-appointments pa...
Konndor Industries faces critical auditor concerns regarding its ability to meet liabilities and systemic internal control failures. With a net loss of Rs 0.04 crore and unverified assets worth crores, the company’s proposal to shift its...
Tata Consultancy Services has secured a long-term strategic partnership with Germany-based Aareal Bank to modernize the lender’s technology operations. TCS will support data centers, cloud platforms, workplace services and cybersecurity...
Ashapuri Gold Ornament Limited has secured a new supply order for gold jewellery worth ₹35.50 crore from major retail chains. The order, requiring the delivery of 24 kg of gold within 45 days, bolsters the company's total order book to a...
Era Infra Engineering reported a consolidated loss of Rs 7.82 crore for the June 2026 quarter. Auditors issued a qualified conclusion due to missing financial data from subsidiaries in insolvency proceedings and unrecorded interest on NP...
Beezaasan Explotech Ltd has scheduled a board meeting for September 18, 2026, to discuss raising capital through a preferential issue of equity shares. Trading window restrictions are now in effect for designated persons until 48 hours p...
Aurobindo Pharma Ltd has received USFDA final approval for Beclomethasone Dipropionate HFA Inhalation Aerosol in 40 mcg and 80 mcg strengths, marking its first metered-dose inhaler product. The inhaler will be manufactured through Auroli...
India Cements Capital has announced a major shift in leadership as its promoter, Sri Saradha Logistics, sells its 50.02% stake to three new investors. The buyers have triggered an open offer at Rs 12 per share, with the deal now awaiting...
Unimech Aerospace and Manufacturing Limited has received an Issuer Rating of 'CARE A; Stable' from CARE Ratings Limited. This investment-grade rating reflects the company's financial stability and creditworthiness, providing stakeholders...
Cummins India has introduced its new QSK60 G34 and G37 genset series at bauma CONEXPO India 2026. Designed for data centers and critical infrastructure, these units offer capacities up to 2500 kVA. The launch also includes emission-compl...
Dhruv Wellness Limited disclosed that its seventh Committee of Creditors meeting under the Corporate Insolvency Resolution Process was held on November 26, 2025. Creditors discussed the matters placed before them, but the filing disclose...
Suraj Products Limited shareholders approved all 10 resolutions at the September 12 AGM, including issuance of 25 lakh fully convertible warrants and up to 5 lakh equity shares on a preferential basis. The company also received approval...
Embassy Developments Limited has launched 'Embassy Origins', an 85-acre residential project in North Bengaluru with a gross development value of approximately Rs 4,500 crore. The first phase features 1,072 units across villas and apartme...
Bharatam Ventures Limited will meet on September 18, 2026, to discuss providing corporate guarantees for its subsidiary, Penganga Sakhar Karkhana Private Limited. The proposal covers Rs 45 crore in existing term loans and an Rs 8 crore d...
Coforge Ltd has established a new vertical, TMAE, to focus on the automotive sector, specifically targeting software-defined vehicles and EV platforms. The company has deployed a 300-member global engineering team across India, the US, a...
Brickwork Ratings has assigned a BWR BBB/Stable rating to Anlon Healthcare Ltd's long-term bank facilities worth Rs 23.60 crore. This investment-grade rating reflects the company's improved financial health, strong management experience,...
Dhruv Wellness Limited, currently under the Corporate Insolvency Resolution Process, has scheduled its 6th Committee of Creditors meeting via video conference for November 13, 2025. The company acknowledged a minor procedural delay in th...
Vodafone Idea's Q1FY27 performance shows a 6% revenue growth to Rs 11,689 crore, supported by a 10.2% jump in ARPU. The company has outlined a clear '1-2-3' strategy, backed by a Rs 45,000 crore capex plan through FY29 to boost 4G and 5G...
Tata Consultancy Services has been selected to modernize the Dubai Gold & Commodities Exchange's trading, clearing and market-surveillance infrastructure. TCS will deploy BaNCS and Quartz products alongside AI-powered analytics and repor...
Dhruv Wellness Ltd, currently under the Corporate Insolvency Resolution Process, has filed a delayed disclosure regarding its 5th Committee of Creditors meeting held on October 6, 2025. The Resolution Professional attributed the reportin...
Frontier Warehousing Limited has acquired a 42.80% stake in Kesoram Industries Limited through an off-market transfer. The deal, valued at over 13.29 crore shares, elevates the acquirer's holding from a negligible 0.03% to 42.83%. As the...
Coforge has reaffirmed its FY27 financial guidance, projecting strong margin growth and record deal wins, despite recent high-profile board resignations. Management clarified that the governance issues identified by an internal audit are...
State Trading Corporation of India Ltd received BSE and NSE notices imposing fines of ₹1.53 lakh each, including GST, for failing to submit financial results for the quarter ended June 30, 2026 within the prescribed timeline. The ₹3.06 l...
SJ Corporation Ltd promoter-group member Pintu Kanjibhai Kalavadia acquired 18,56,031 shares, representing 4.28% of the company, through an off-market transaction on September 10, 2026. His holding increased from 20.38% to 24.66%. The tr...
Neuland Laboratories has successfully launched commercial operations at its first peptide manufacturing module, supported by a $30 million investment. The new facility offers 7,000L of reactor capacity for both solid and liquid-phase syn...
Afcom Holdings has entered a long-term aviation fuel supply agreement with Hindustan Petroleum Corporation Limited, effective September 1, 2026. The arrangement gives the cargo airline access to Jet A-1 aviation turbine fuel through HPCL...
IZMO Ltd’s subsidiary, izmo Microsystems, will debut production-stage silicon photonics at SEMICON India 2026. The company is advancing specialized packaging for quantum and communication modules, with a new optical transceiver line slat...
Blue Cloud Softech Solutions has been selected as an Industry Partner for the new IndiaAI Centre of Excellence in Bhubaneswar. The company has committed Rs 4 crore to support the initiative, focusing on mentorship and deploying its AI-dr...
Jai Mata Glass Ltd's ₹4.81 crore open offer drew only 1,084 shares against the proposed acquisition of 2.60 crore shares. The acquirers paid ₹1.85 per accepted share, taking the actual offer consideration to just ₹2,005.40. Their post-of...
Axis Direct has a BUY call on Federal Bank with a ₹380 target, backed by expectations of stronger margins, mid-teens credit growth and improving returns. The brokerage projects earnings to compound at 26% over FY26-FY29E, with profit aft...
CarTrade Tech Ltd, through wholly owned subsidiary Sobek India Private Limited operating as OLX India, has launched Elite Buyer for Businesses for dealers, resellers and other professional buyers. The program adds AI-led inventory matchi...
ACME Solar Holdings has successfully commissioned the Phase-I Battery Energy Storage System (BESS) of its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan. With a capacity of 53.63 MW / 300 MWh, this milestone...
Cube Highways Trust has signed a binding offer to acquire 100% equity in Apco Chetak Ultraway and Apco Chetak Expressway. This inorganic growth move, focused on two road infrastructure projects in Uttar Pradesh, aims to boost the Trust's...
HFCL Ltd has greenlit an additional ₹820 crore capital expenditure to boost its optical fiber, cable, and preform manufacturing capacities. This investment pushes the company's total planned capex to approximately ₹1,800 crore, aimed at...
Uno Minda's board has greenlit a massive INR 1,415 crore investment across four strategic manufacturing projects in Haryana, Tamil Nadu, Karnataka, and Maharashtra. To support this growth, the company will raise funds through INR 600 cro...
ESDS Software Solution has officially launched 'SWARAJ Sethu,' a new DevSecOps platform designed to unify enterprise software delivery, security, and infrastructure management. This move aims to strengthen the company’s portfolio in the...
Piramal Pharma has received a Form-483 with 7 observations following a US FDA inspection at its Morpeth, UK manufacturing plant. The company is now preparing a formal response to address these procedural findings.
Waaree Renewable Technologies has incorporated a step-down wholly-owned subsidiary, Aurovault Data Centers Private Limited, to enter the digital infrastructure market. The entity will focus on hyperscale, AI-ready, and edge data centers....
Shreeji Shipping Global has entered a 5-year port operations agreement with Indo Energy International for exclusive dry bulk cargo handling at Maharashtra's Sanegaon Jetty. Commencing September 15, 2026, the deal provides essential land...
Nephrocare Health Services Ltd has expanded its international footprint by acquiring a dialysis center in Plaridel, Bulacan, Philippines, for PhP 67.2 million (approximately INR 10.25 crore). Executed through its step-down subsidiary, th...
Shakti Pumps (India) Limited has committed Rs 11 Crore to its wholly-owned subsidiary, Shakti Energy Solutions Limited. This capital will fund a new greenfield manufacturing plant in Pithampur, Madhya Pradesh, designed to produce Solar D...
Emami Limited has announced that its Board of Directors will meet on September 17, 2026, to evaluate and approve a proposal for a share buyback. This corporate action suggests a move to return excess cash to shareholders or signal manage...
Mahanagar Telephone Nigam Ltd (MTNL) has disclosed a massive default on principal and interest payments totaling Rs 9,654.25 crore across seven major Indian banks. The state-run telco faces mounting liquidity pressure with total financia...
Shivalik Rasayan Limited has completed a preferential allotment of equity shares and warrants totaling Rs 30.75 crore. The company issued 2,82,000 equity shares and 9,47,990 convertible warrants at Rs 250 each. This capital raise include...
Aztec Fluids & Machinery has launched AZTRACE, a software-based digital traceability and analytics platform. This strategic pivot aims to integrate a 'digital intelligence layer' with the company's existing industrial hardware, focusing...
Elin Electronics has officially commenced commercial production at its new manufacturing facility in Bhiwadi, Rajasthan. The company invested Rs 5 crore, funded entirely through internal accruals, to boost production capacity for Oil Fil...
Yatharth Hospital & Trauma Care Services Ltd will hold a board meeting on September 17, 2026, to evaluate various fundraising options to fuel growth initiatives. The board is exploring multiple instruments, including QIP, rights issues,...
Lalithaa Jewellery Mart reported its maiden post-listing results with a 26% jump in revenue to Rs 6,035 crore. Despite the top-line growth, profits fell 22% to Rs 208 crore as expenditure outpaced earnings, causing EBITDA margins to cont...
Yatharth Hospital & Trauma Care Services Ltd and two of its subsidiaries have received income tax assessment orders totaling Rs 59.74 crore, including interest. The demand covers various assessment years ranging from 2014 to 2025. Manage...
Times Green Energy (India) Ltd concluded its 16th AGM, confirming the adoption of its FY26 financial statements. Shareholders reviewed key agenda items, including the appointment of new directors and a significant proposal to raise up to...
String Metaverse Ltd has scheduled a board meeting for September 17, 2026, to discuss raising capital through a preferential issue or private placement. Investors should monitor the upcoming board outcome for details on the quantum of fu...
UP Hotels has launched a postal ballot to secure shareholder approval for a fresh SEBI extension request to complete its voluntary delisting. The company remains in non-compliance with public shareholding norms since 2001, and previous e...
eMudhra Limited has been appointed as a Validation Agent by the Global Legal Entity Identifier Foundation for LEIL, a subsidiary of the Clearing Corporation of India. This integration allows eMudhra to offer direct Legal Entity Identifie...
Prime Fresh Ltd has secured in-principle approval from the National Horticulture Board for its peri-urban vegetable initiative in Nashik. This regulatory milestone follows the company's detailed project report submissions in August 2025....
City Pulse Multiventures has inked a one-year film promotion and digital advertising contract with Sunshine Pictures Limited. The deal, effective August 22, 2026, includes a Rs 9 crore upfront payment and variable performance-based reven...
Jay Kailash Namkeen Limited has concluded its 5th Annual General Meeting, confirming the re-appointment of Neel Narendrabhai Pujara as Managing Director. Shareholders also approved the appointment of M/s. MRB & Associates as statutory au...
HDFC Life Insurance has received an order from the Commissioner (Appeals-III) upholding a tax demand of Rs 3,365.15 crore, including interest and penalties, for the 2017-2022 period. The company maintains the order will not have a materi...
Deccan Gold Mines Ltd said its Altyn Tor Gold Project in the Kyrgyz Republic will be inaugurated on September 12, 2026, marking its formal transition from exploration and development to production. For shareholders, the milestone shifts...
Rays of Belief Ltd has reported that LRSD Capital Pvt Ltd, along with persons acting in concert, acquired a 6.48% stake in the company through an IPO allotment on September 4, 2026. This acquisition involves 13,54,233 equity shares, mark...
Waterways Leisure Tourism Limited has unveiled its newest cruise vessel, Cordelia Sky, set to begin inaugural sailings on October 23, 2026, from Mumbai. The ship boasts a capacity of 2,004 guests across 1,002 staterooms, significantly ex...
ICICI Prudential Mutual Fund has reduced its stake in Tamil Nadu Newsprint & Papers Ltd (TNPL) from 5.04% to 2.43%. The sale of over 1.8 million shares took place in the open market between March 2025 and September 2026.
Maestros Electronics & Telecommunications Systems Ltd's board approved a 1:1 bonus share issue. The company will issue 55.1 lakh shares worth Rs 5.51 crore, capitalizing retained earnings. This move aims to increase share liquidity and w...
Variman Global Enterprises Ltd will hold a board meeting on August 29, 2026, to discuss fundraising via preferential issue and potential acquisitions. The trading window is closed.
Axis Direct's Q1FY27 report highlights resilient BFSI and Cement sectors due to domestic demand. Export-linked Chemicals and IT sectors face margin pressure from costs and geopolitical issues.
EKI Energy Services has registered its plastic waste reduction project in Bangladesh with Verra, marking its first such initiative in the country. The project aims to enhance plastic waste recovery and recycling.
Vaxfab Enterprises Ltd has incorporated a 100% owned subsidiary, Al Rafa Enterprise FZ-LLC, in the UAE. The subsidiary will engage in trading and IT consulting. Operations have not yet commenced.
The RBI's Monetary Policy Committee maintained the repo rate at 5.25% and projected a 6.7% GDP growth for FY27. The central bank also announced regulatory updates for cooperative banks and interest rate frameworks.
Indian equity markets opened August 2026 with a positive trend, driven by solid corporate earnings and strong domestic investor liquidity. The market outlook is constructive and selective, focusing on growth at a reasonable price.