Markets

SEBI Issues Final Order in Proceedings Against Max Financial Services Limited A final order has been issued by SEBI concerning the proceedings initiated against a group of directors and key managerial personnel of Max Financial Services Limited and its subsidiary, Axis Max Life Insurance Limited. The proceedings were disposed of on August 24, 2026.The Final Order was issued by SEBI after proceedings that began with a Show Cause Notice received by the company and its subsidiary, Axis Max Life Insurance Limited (formerly Max Life Insurance Company Limited). This order specifically addressed 12 Noticees, and the proceedings involving them were disposed of without the issuance of any direction or the imposition of any penalty.In...

Datamatics Recognized by Gartner in Magic Quadrant for Finance & Accounting BPO for Fifth Consecutive Year Datamatics, a global company specializing in Digital Operations, Technologies, and Experiences, has been recognized as a Niche Player in the 2026 Gartner Magic Quadrant for Finance & Accounting Business Process Outsourcing report. This recognition marks the fifth consecutive year the company has achieved this distinction.The Gartner Magic Quadrant for Finance & Accounting Business Process Outsourcing evaluates Finance & Accounting BPO providers globally based on criteria including Ability to Execute and Completeness of Vision. The assessment covers various aspects of vendors, such as innovation, customer experience, geographic...

Vinyas Innovative Technologies Secures ₹109.78 Crores in New Orders from Domestic and International Clients Vinyas Innovative Technologies Limited has received purchase orders from domestic and international customers, totaling ₹ 109.78 Crores, boosting its business outlook in the manufacturing sector.The company received the new orders from both domestic and international entities, marking a significant milestone in its order book. The orders are related to the manufacture and supply of PCBA (Printed Circuit Board Assemblies).The details of the new orders received by Vinyas Innovative Technologies Limited are presented below:Customer TypeOrder Value (Crores)Nature of OrderTime PeriodDomestic Customer19.93Purchase Order for...

RITES Limited Announces 52nd Annual General Meeting, E-voting Period, and Final Dividend Record Date RITES Limited has announced key dates pertaining to its 52nd Annual General Meeting (AGM), the commencement of the remote e-voting period, and the record date for the payment of the Final Dividend for the Financial Year (FY) 2025-26.The Company's 52nd Annual General Meeting is scheduled to be held on Friday, September 25, 2026, at 11:00 A.M. (IST). The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).Members who hold shares in both physical and dematerialized form are entitled to receive the AGM Notice and the Annual Report for FY 2025-26, provided they hold shares as of Friday, August 21...

Davangere Sugar Company Allots Over 26 Crore Shares Following FCCB Conversion On August 25, 2026, the Board of Directors of Davangere Sugar Company Limited approved the allotment of equity shares following the conversion of Unsecured Foreign Currency Convertible Bonds (FCCBs). The allotment was made based on Conversion Notices received from several FCCB holders.The Company approved the allotment of 26,59,05,000 fully paidup equity shares of face value INR 1/- each, at a conversion price of INR 3.60/- per equity share. This conversion involved a total of 100 FCCBs, each with a principal value of USD 1,00,000, aggregating to USD 10,000,000. The conversion was based on the exchange rate of INR 95.7258 per USD as of August 24, 2026.The...

Visdem Technosys Schedules 16th Annual General Meeting and Announces Book Closure Dates Visdem Technosys Limited, formerly known as Kundan Edifice Limited, has announced the schedule for its 16th Annual General Meeting (AGM). The meeting is set to take place on Wednesday, 30th September, 2026, and the company has also provided detailed timelines regarding the book closure and the e-voting process.The 16th Annual General Meeting of the members is scheduled for 03:30 P.M. on Wednesday, September 30, 2026. The meeting will be conducted through video conferencing (VC) or other audio-visual means (OAVM) to address the Ordinary and Special business.In preparation for the AGM, the Register of Members and Share Transfer Books of the company...

Stock Markets Set for Eid-e-Milad Settlement Holiday: BSE and NSE Remain Open as Calendar Unveiled The stock market landscape is preparing for a specific holiday observance in August 2026. While trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will continue, Wednesday, August 26, is designated as a settlement holiday due to Eid-e-Milad. This designation requires participants to understand the distinction between active trading and financial clearing activities for that day.Understanding the Settlement Holiday on August 26 A settlement holiday means that equity markets remain operational, allowing traders to execute buy and sell orders. However, clearing and settlement processes are suspended. This includes...

Orient Press Limited Board Approves Disposal of Tarapur Factory Unit Orient Press Limited has approved the proposal to sell or dispose of one of its manufacturing factories located in Tarapur, Maharashtra. The decision was made by the company's Board of Directors during a meeting held on August 25, 2026, and the transaction is subject to subsequent shareholder approval at the 38th Annual General Meeting.The factory slated for disposal is situated at Plot No. G-73, MIDC Tarapur Industrial Area in Boisar, District Palghar, Maharashtra. This action follows the company's previous intimation regarding the relocation and partial shifting of operations from this unit to the company's facility in Greater Noida, Uttar Pradesh, which was...

Vodafone Idea Stock Surges Over 8% on SBI Funding Progress and Tariff Hike Hopes Vodafone Idea shares experienced a significant rally, surging over 8 percent in afternoon trading on August 25. This strong performance extended their run throughout 2026 as investors reacted positively to reports regarding the operator's progress toward securing necessary funding. The stock touched an intraday high of Rs 15.24.The surge underscores investor confidence in the company’s stabilization efforts and potential for future industry-wide tariff increases. At its midday peak, Vodafone Idea was valued at approximately Rs 1.65 lakh crore. In stark contrast to a Nifty 50 decline of around 7.5 percent over the same period, the telecom operator has...

Integrity Infrabuild Developers Approves Draft Report, Announces 2nd Annual General Meeting Integrity Infrabuild Developers Limited announced key outcomes from its Board of Directors meeting held on August 25, 2026. The company approved the Director's draft Report for the financial year ended March 31, 2026, and scheduled its 2nd Annual General Meeting (AGM).The Board meeting, which took place on August 25, 2026, saw the approval of the Director's draft Report covering the activities and financial status of the company for the fiscal year ending March 31, 2026.Integrity Infrabuild Developers Limited also decided to convene its 2nd AGM. The Annual General Meeting is scheduled for Thursday, September 24, 2026, at 11:30 A.M. The...

SKP Bearing Industries Approves AGM Dates, Reappoints Key Directors and Selects New Statutory Auditors SKP Bearing Industries Limited, previously known as SKP Bearing Industries Pvt. Ltd., announced several key outcomes following the Board of Directors meeting held on August 25, 2026. The meeting saw the approval of the agenda for the company's 5th Annual General Meeting (AGM) and significant appointments related to the company's financial and corporate governance structure.The Board meeting determined the details of the 5th Annual General Meeting, set for Thursday, September 17, 2026, at 3:00 p.m. (IST). The meeting will be held physically at the company's Registered Office in Surendranagar, Gujarat.Key resolutions approved during...

<h1>NBCC Successfully Concludes E-Auction of Residential Units at Aspire Silicon City in Noida</h1>NBCC (India) Limited has successfully concluded the e-auction of residential units at its Aspire Silicon City project, securing a total sale value of approximately Rs. 416.53 crores.The sale involved 111 residential units located in Tower No. 6 of Aspire Silicon City in Noida, Uttar Pradesh.The project milestone is set within the framework of the e-auction process conducted by the company. In addition to the sale, NBCC will also receive a marketing fee, which accounts for 1% of the total sale value.NBCC Stock Price Movement Shares of NBCC (India) Limited are edging higher to ₹89.31 as of 3:10 PM today, with the equity surging...

Oricon Enterprises Announces Book Closure for AGM and Dividend Declaration Oricon Enterprises Limited has announced the book closure period for its equity shares ahead of the 56th Annual General Meeting (AGM) and the declaration of a dividend for the Financial Year 2025-26.The company set the record date for the aforementioned purpose as September 21, 2026. The books of the company will remain closed from September 22, 2026, to September 29, 2026, allowing shareholders to participate in the upcoming AGM.The 56th Annual General Meeting is scheduled to be held on Tuesday, September 29, 2026. The meeting will be conducted via VC/OAVM (Video Conference/Other Avenues of Meeting).Key details regarding the book closure, record date, and...

GTL Limited Announces 38th Annual General Meeting and Director Cessation GTL Limited, in a meeting of its Board of Directors held on August 25, 2026, announced key outcomes concerning its corporate governance structure, including setting the date for the 38th Annual General Meeting (AGM) and confirming the cessation of a director.The Board determined that Wednesday, September 30, 2026, will be the date for the company's 38th Annual General Meeting. The meeting will be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).The company also noted that Mrs. Siddhi Thakur, a Director and Non-Executive, Non-Independent Director who is liable to retire by rotation, will cease to be a Director effective September 30, 2026...

Independent Director Anil Khandelwal Resigns from Rashi Peripherals Ltd Amid Governance Concerns Anil Khandelwal has resigned from the board of Rashi Peripherals Ltd, effective immediately. Mr. Khandelwal, who has held positions as an Independent Director, and as Chairman of the Stakeholders' Relationship Committee, tendered his resignation citing a fundamental divergence between his understanding of sound corporate governance and the operational practices of the company.Mr. Khandelwal joined the Board in 2024 and held the post, along with memberships in the Nomination and Remuneration Committee (NRC) and the CSR Committee.In his detailed resignation letter, Mr. Khandelwal outlined two primary areas of governance concern that led to...

Promoter Acquires Shares in Envirotech Systems Limited on Open Market Envirotech Systems Limited reported that Mr. Manoj Kumar Gupta, Managing Director and Promoter, purchased equity shares of the company on the open market.The acquisition was reported to the company on August 25, 2026. Mr. Gupta confirmed that he held no unpublished price sensitive information at the time of the purchase.The transaction involved the acquisition of 3,000 equity shares.The following details regarding the change in securities holding of the Promoter are provided:ParameterDetailsDate of Acquisition24.08.2026Mode of AcquisitionOpen MarketShares Acquired3,000Pre-Acquisition Holding9,287,650 shares (49.4286%)Post-Acquisition...

Cemindia Projects Schedules Institutional Investors Meet; Presentation Available Online Cemindia Projects Limited, formerly ITD Cementation India Limited, has set the schedule for an Institutional Investors Meet. The company has also made its Investor Presentation available online ahead of the event.The meet is scheduled for September 1, 2026. The gathering, which is set to be a one-on-one or group session, will be held in Mumbai. Elara Capital is the organizer for the institutional investor event.The key details of the planned meeting are summarized below:DateMeeting OrganizerMeeting TypeVenueMode1 September 2026Elara CapitalOne-on one/GroupMumbaiPhysicalThe company has also informed that the Investor Presentation was...

Indiabulls Secures Residential Development Project on Dwarka Expressway, Boosting Company GDV Indiabulls Ltd, formerly known as Yaari Digital Integrated Services Limited, has announced a significant development in its real estate portfolio. The company has entered into an agreement with a private landlord to undertake the Development Management of a new residential project.The project is planned for a location on approximately 10.84 acres situated on the Dwarka expressway in Gurugram.Key details of the project include:Status: Phase 1 and Phase 3 of the project have already secured RERA registration. Launch Target: The project is expected to be launched by mid October 2026. Scope: The project boasts an estimated saleable area of...

Hexaware Technologies and Ashoka Innovators Partner to Fund Social Entrepreneurs in India Mumbai, India - August 25, 2026: Hexaware Technologies, an AI-first digital and IT services company (NSE: HEXT), announced a Corporate Social Responsibility (CSR) partnership with Ashoka Innovators for the Public, a non-profit organization dedicated to supporting leading social entrepreneurs addressing complex societal challenges.Under the terms of the partnership, Hexaware will provide grant support to Ashoka for two social entrepreneurs selected through Ashoka's Fellowship program in India. The stipends provided through this fellowship are designed to allow the selected Fellows to dedicate their time to developing and expanding sustainable...

TGIF Agribusiness Ltd Approves Annual Report, Fixes Date for 3rd AGM The Board of Directors of TGIF Agribusiness Ltd has approved the Annual Report for the Financial Year 2025-2026 and determined the arrangements for the company’s 3rd Annual General Meeting (AGM).The Board meeting, held on Tuesday, August 25, 2026, considered and approved the Annual Report for the Financial Year 2025-2026. This comprehensive report includes the Board's Report, Management Discussion and Analysis, Audited Financial Statements, Auditors' Report, and Secretarial Audit Report. Concurrently, the Board approved the Notice of the 3rd AGM, accompanied by the Annual Report, for circulation to the company’s members.AGM Details and Scrutinizer Appointment The...