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Krishna Defence and Allied Industries Limited Awarded 'Fastest Growing SME' for State of Gujarat Krishna Defence and Allied Industries Limited has been recognized as a Winner of the India SME Forum Top 50 SMEs Award. The company secured the distinction in the 'Fastest Growing SME' category for the State of Gujarat.The recognition was bestowed by the India SME Forum on August 20, 2026.This award reflects the company's operational excellence and its continuous journey of sustainable growth within the defence manufacturing sector. Krishna Defence and Allied Industries Limited operates across its facilities, demonstrating capabilities strengthening in the defence sector.KRISHNADEF Stock Price Movement Shares of Krishna Defence And...

<h1>Rashtriya Chemicals and Fertilizers Hit With Fines from NSE and BSE Over Regulatory Non-Compliance</h1>Rashtriya Chemicals and Fertilizers Limited (RCF), a Government of India Undertaking, has faced fines from the National Stock Exchange of India Limited (NSE) and BSE Limited following non-compliance identified during the quarter ended June 30, 2026.The stock exchanges imposed a fine of Rs. 7,89,420/- on the company for failing to adhere to various provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notices detailing the non-compliance were received from both the NSE and BSE on August 25, 2026.The specific violations cited included non-compliance with Regulation 17(1), Regulation...

<h1>Avenue Supermarts Penalty Imposed Over Construction Non-Compliance at Project Site</h1>Avenue Supermarts Limited has received a penalty from the Greater Bengaluru Authority concerning non-compliance related to construction activities at one of its project sites.The authority imposed a penalty totaling Rs. 28.28 lakhs on the company. The penalty was levied following the company’s receipt of the direction or order from the authority on August 25, 2026.The levy was imposed specifically for non-compliance in relation to the construction activities undertaken at the company’s project site.Regarding the impact of the action, the financial consequence is limited to the penalty amount imposed. Avenue Supermarts confirmed that there...

Gabriel India Partners with HL Klemove to Accelerate Expansion in Autonomous Driving and Automotive Electronics Gabriel India Limited (GIL), the flagship company of the ANAND Group, has entered a strategic joint venture with South Korea-based HL Klemove. This partnership aims to establish Gabriel India as a key player in the rapidly growing segments of Autonomous Driving Solutions, Advanced Driver Assistance Systems (ADAS), and Automotive Electronic Products, marking a significant acceleration in GIL's transformation into a diversified mobility solutions conglomerate.Gabriel India Limited will acquire a 30 per cent less one share stake in HL Klemove India Private Limited. The acquisition involves the purchase of 3,78,44,999 equity...

BSE and NSE Impose Fines on SJVN Limited Over Board Composition Non-compliance SJVN Limited has faced fines from the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) following non-compliance related to the composition of its Board and various committees. Both exchanges imposed a fine of ₹ 13,44,020/- for the violation.The fines were levied by BSE and NSE following a communication received on August 25, 2026. The non-compliance involved violations pertaining to Regulation 17(1), 18(1), 19(1)/19(2), 20(2)/(2A), 21(2), and 17(2A) of the SEBI Listing Regulations. These violations related to the requirements for the composition of the Board, Audit Committee, Nomination and Remuneration Committee, Stakeholder...

<h1>Nestle India Receives Customs Adjudication Order: Rs 2.46 Crore Demand Issued</h1>Nestle India Limited has received an Adjudication Order from the Principal Commissioner of Customs Air Cargo Complex (Import) regarding a demand under Section 28(4) of the Customs Act, 1962. The Order was received by the company on August 25, 2026.The Principal Commissioner of Customs Air Cargo Complex (Import), New Customs House, Near IGI Airport, New Delhi, passed the adjudication order. The order addresses the company's alleged violation or contravention related to customs duties.The Adjudication Order specifies the financial requirements, including the customs duty and the corresponding penalty.The details of the demand and the related...

Shipping Corporation of India Faces Fines from Stock Exchanges; Smt. Bharati Raman Gotarna Appointed as Independent Director The Shipping Corporation Of India Limited (SCI), a Government of India Enterprise, has been assessed penalties by both BSE Limited and National Stock Exchange of India Limited (NSE) regarding non-compliance matters during the quarter ended 30.06.2026. Concurrently, the company has appointed Smt. Bharati Raman Gotarna as a Non-official (Independent) Director (NoD) on its Board.The fines levied by each stock exchange totaled Rs 13,10,980/- (inclusive of 18% GST), covering various aspects of corporate governance.The non-compliance areas identified and the corresponding fine amounts assessed by each Stock Exchange...

Zuari Agro Chemicals Announces 17th Annual General Meeting and Releases FY2025-26 Annual Report Zuari Agro Chemicals Limited has announced the details for its 17th Annual General Meeting (AGM) and provided members access to the Annual Report for the Financial Year 2025-26.The 17th AGM is scheduled to be held on Wednesday, 16 September, 2026, at 3.30 P.M. (IST). The meeting will be conducted through Video Conference (VC) or other Audio Visual Means (OAVM).In connection with the AGM, the complete details of the Annual Report for the Financial Year 2025-26 are available via a specific web link. This notice was issued to members whose email addresses were not registered with the company or its Registrar and Transfer Agent (RTA) as of 14...

<h1>MIC Electronics Receives 'In-Principle' Approval for Preferential Issue of Equity Shares</h1>MIC Electronics Limited has received 'In-Principle' Approval from the BSE Limited and National Stock Exchange of India Limited (NSE) for the issuance of a substantial number of equity shares on a preferential basis. This move is linked to the acquisition of M/S. Neo Semi Sg PTE. Ltd, Singapore.The company is set to issue 5,68,73,418 equity shares. Each share has a face value of Re. 2/- and the allotment price is set at not less than Rs. 41.38/per share. The issuance is aimed at non-promoters and will be conducted through a share swap mechanism.The preferential allotment is the result of approvals from both stock exchanges, with the...

Vision Infra Equipment Solutions Limited appoints new Secretarial Auditor, announces Annual General Meeting Vision Infra Equipment Solutions Limited announced significant decisions following its Board meeting held on August 26, 2026. The Board meeting included the resignation of the existing Secretarial Auditor and the appointment of a new firm for the coming years.The company approved the resignation of M/s KANJ & Co. LLP as the Secretarial Auditor, effective from August 31, 2026. M/s KANJ & Co. LLP resigned from the post due to preoccupation in other assignments.M/s Nikunj Kanabar & Associates, a practicing company secretaries firm, was subsequently appointed as the Secretarial Auditor of the company. The appointment is effective...

IRDAI Directs Star Health on Policy Portability and Claims Settlement Star Health and Allied Insurance Company Limited has received directions from the Insurance Regulatory and Development Authority of India (IRDAI) concerning the portability of insurance policies and the settlement of claims.The company received the directions on August 25, 2026, and has committed to adhering to the norms set by IRDAI.According to the details provided, IRDAI has mandated the company to follow specific guidelines regarding policy portability and claims settlement. Furthermore, Star Health must report on compliance with these directions within four months of receiving the order.The primary focus of the directions involves the review of certain...

Vardhman Acrylics Schedules 36th Annual General Meeting, Releases 2025-26 Annual Report Vardhman Acrylics Limited has announced the convening of its 36th Annual General Meeting (AGM) and released the Annual Report for the Financial Year 2025-26.The AGM is scheduled to take place on Thursday, September 17, 2026, at 12:30 p.m. IST. The meeting will be conducted through video conference (VC) or other audio visual means (OAVM).The company has made the Notice of the 36th AGM, along with the Annual Report for the Financial Year 2025-26, available to its members. While the notice was electronically sent to registered members, the documents are accessible publicly through the company's website.The Annual Report and the Notice of the AGM...

Gujarat Pipavav Port Ltd Receives Comfort Letter for Concession Period Extension Gujarat Pipavav Port Limited has received a Comfort Letter from the Gujarat Maritime Board (GMB) concerning the processing of the company's proposal for the extension of its Concession Period.The letter requires the company to submit specific documentation and information. This includes the performance record during the current concession period and an Investment and Business Plan detailing the plans for the extended Concession Period.Gujarat Pipavav Port Limited has been granted a timeline of 90 days from the date of the letter to submit the required information and documents to the GMB.GPPL Stock Price Movement Shares of Gujarat Pipavav Port Limited...

Quadrant Future Tek clarifies significant movement in stock price Quadrant Future Tek Ltd. issued a statement addressing the recent significant movement observed in the price of its security across exchanges.The company stated that, at present, it possesses no additional information or impending announcements that could influence the price movement of its stock and necessitate disclosure to the Stock Exchanges.Regarding the observed volatility, the company confirmed that it is unaware of any specific reason for the significant movement in its shares. Quadrant Future Tek concluded that the stock price changes appear to be market driven.QUADFUTURE Stock Price Movement As of 10:47 AM, shares of Quadrant Future Tek Limited are...

Exhicon and ICICI Lombard Announce Landmark Initiative to Strengthen Exhibition Insurance Ecosystem in India Exhicon Events Media Solutions Limited and ICICI Lombard General Insurance Company Limited have launched a significant initiative aimed at reinforcing the Exhibition Insurance ecosystem across India. This partnership seeks to bring specialized risk protection closer to the rapidly growing exhibitions and trade fairs industry.The initiative was officially unveiled at the 15th Conventions India Conclave (CIC), held at Bharat Mandapam in New Delhi. The event gathered key stakeholders from both the Indian and global convention, exhibition, events, and MICE industries.The partnership between Exhicon and ICICI Lombard aims to boost...

SEPC Limited Acquires UAE Petroleum Trading Business via 100% Acquisition of Wintality Petroleum FZE SEPC Limited, a leading EPC company specializing in industrial infrastructure and process plants, has approved a strategic move to enter the UAE petroleum trading business. The company acquired Wintality Petroleum FZE, a UAE entity involved in the import, export, and global trading of refined petroleum products.The acquisition was structured to be entirely non-cash, executed through a restructuring of the equity and capitalization reserves of SEPC FZE, Sharjah, the company's wholly owned UAE subsidiary.Transaction Structure Details The transaction involves several structural changes to SEPC FZE. The existing share capital of SEPC...

<h1>Subex Secures Three-Year Deal with Leading African Mobile Operator for Fraud Management</h1>Bengaluru, India – Subex Limited has secured a significant three-year engagement with a leading African mobile operator for the deployment of its HyperSense Fraud Management solutions. The contract, valued at USD 0.6 million, will be utilized by the operator to detect and combat emerging fraud across its mobile operations and mobile money processes.The engagement was awarded to Subex, leveraging its deep telecom domain expertise and proven experience in AI-powered fraud management across African markets. The partnership is set to strengthen the operator's defenses against evolving fraud patterns within mobile networks and mobile money...

Fines Imposed on IRCTC by Stock Exchanges Over Board Composition Non-Compliance Indian Railway Catering And Tourism Corporation Limited (IRCTC) has received notices from the BSE and National Stock Exchange of India (NSE) regarding the imposition of fines for non-compliance concerning the composition of its Board of Directors and its Committees.The fines were imposed by both exchanges for the quarter ended on June 30, 2026.According to the details provided by the Company, the fine amount is ₹10,23,060/- each, including GST at 18%, levied by BSE and NSE.The penalties are linked to non-compliance with specific provisions related to the composition of the Board of Directors.Company Response and Future Steps IRCTC, which operates as...

ACME Solar Subsidiary Secures 130 MW Renewable Energy Project with Northeast Frontier Railway ACME Marigold Urja Private Limited, a wholly owned subsidiary of Acme Solar Holdings Limited, has executed a Power Purchase Agreement (PPA) with the Northeast Frontier Railway (NFR). The agreement covers the setup of a 130 MW Round the Clock (RTC) renewable energy power project.The Power Purchase Agreement (PPA) involves the establishment of the renewable energy project with NFR. The contract is a domestic agreement, confirming the project's scope and commercial terms.The project structure and financial details of the Power Purchase Agreement have been outlined as follows:DetailParticularProject Size130 MWCounterpartyNortheast...

Kuantum Papers Successfully Restarts Paper Machine-3 Post Major Technological Upgrade Kuantum Papers Limited has successfully restarted operations on Paper Machine-3 (PM3) at its manufacturing facility, following a major technological upgradation and rebuild project. The machine, located at Saila Khurd in District Hoshiarpur, Punjab, resumed production on August 26, 2026, after concluding necessary trials.The rebuild of PM3 is a core part of the company's strategic plan aimed at enhancing capacity and improving efficiency across its operations. The technological upgrade is designed to boost paper quality, increase operational efficiency, and improve the versatile product portfolio and overall production throughput.The rebuilt...