Markets

AAA Technologies Partners with Aikyam Fund in Bid for Educomp Solutions Limited AAA Technologies Limited has entered into a Memorandum of Understanding (MOU) with Aikyam Stressed Assets Fund I and Aikyam Capital Management LLP regarding the corporate insolvency resolution process (CIRP) of Educomp Solutions Limited. The agreement formalizes the parties' intent to collaborate on the resolution of the corporate debtor.The MOU, executed on August 13, 2026, documents the parties’ understanding regarding the proposed resolution plan for Educomp. Aikyam Stressed Assets Fund I has been identified as a prospective resolution applicant for Educomp, subject to submitting a resolution plan and adhering to relevant requirements under the...

Sensex, Nifty Surge on Expiry Day as Pharma and PSU Banks Drive Rally After Range-Bound Open Benchmark Indices Close Strong as Buying Interest Lifts Markets Benchmark indices recovered robustly following a mixed trading session on August 25, the monthly expiry day. The Nifty finished firmly above 24,300, while the Sensex saw significant gains amid late-day buying support. The broader market demonstrated resilience after an initial range-bound performance that saw the Nifty dip to an intraday low of 24,115.45.The Sensex closed up 286.98 points or 0.37 percent at 77,656.09. The Nifty gained 115.50 points or 0.48 percent, settling at 24,334.55. This positive close was partly attributed to easing crude oil prices and a firmer Indian...

Rajputana Biodiesel Completes Acquisition of Arvant Bioenergy, Making it Wholly Owned Subsidiary Rajputana Biodiesel Limited has successfully completed the acquisition of Arvant Bioenergy Private Limited, establishing the company as a Wholly Owned Subsidiary (WOS).The company announced that the equity shares of Arvant Bioenergy Private Limited have been duly transferred from the existing shareholders to Rajputana Biodiesel Limited and/or its nominee. This transfer was finalized on August 25, 2026.Following the equity transfer, Arvant Bioenergy Private Limited officially became a Wholly Owned Subsidiary of Rajputana Biodiesel Limited, effective from August 25, 2026.Rajputana Biodiesel Limited previously received Board of Directors...

Symbiotec Pharmalab IPO Gains Momentum as Investor Interest Surges for Growth-Oriented CDMO The initial public offering (IPO) of Symbiotec Pharmalab, a contract development and manufacturing organisation (CDMO) based in Madhya Pradesh, saw strong investor interest on the second day of bidding. The issue, priced within the range of Rs 938-988 per equity share, received 1.12 times subscription as of 10:50 am on August 25, according to NSE data.The IPO holds a total size of Rs 1,757-crore, offering bids for 1,38,27,990 shares against the available 1,31,24,929 shares on offer. Institutional and retail investors showed solid demand, with Non-Institutional Investors (NIIs) subscribing at 1.37 times and the retail category registering a...

China IPO Frenzy Shows Strain: Tech Listings Face Fatigue Amid Rapid Capital Needs The highly energized market for Initial Public Offerings (IPOs) in China, which has been fueled by enthusiasm for artificial intelligence (AI), is beginning to show signs of strain. While companies are racing to raise capital to compete with primarily US-based rivals, the breakneck pace of offerings is now being rigorously tested against existing liquidity concerns.IPO Proceeds Exceed $30 Billion as Market Pushes Through Offerings Since the start of July, IPO proceeds in China have surpassed $17.7 billion (exceeding 119 billion yuan). This figure represents a strong rebound from the third quarter of 2023, which saw proceed reach 114 billion yuan. The...

Bannari Amman Sugars Set Record Date and E-Voting Schedule for FY2025-26 Dividend Bannari Amman Sugars Limited has announced the key dates for the dividend payment of the Financial Year 2025-26, along with the timeline for remote e-voting for the Annual General Meeting (AGM).The company has set the record date for the payment of the dividend and reckoning the voting of members as September 16, 2026.Members wishing to participate in the voting can use the remote e-voting facility. The e-voting will be available from September 19, 2026, beginning at 9:00 am, until September 22, 2026, closing at 5:00 pm. Voting during the AGM will also be accessible through the e-voting platform.BANARISUG Stock Price Movement Bannari Amman Sugars...

Kalana Ispat Limited Clarifies Stock Price Movement, Attributes Share Volatility to Market Conditions Kalana Ispat Limited has issued a clarification regarding the movement in the price of its security, addressing queries raised by the National Stock Exchange of India Limited (NSE). The company stated that the share price volatility is purely market driven and is not connected to any undisclosed information or corporate action on its part.The clarification addresses the movement in the company’s share price, noting that Kalana Ispat Limited has consistently disclosed all events and information that impact the operation and performance of the company. The company affirmed that it holds no undisclosed price sensitive information or...

GTPL Hathway Announces AGM and Fixes Record Date for Members GTPL Hathway Limited has announced the date for its Twentieth Annual General Meeting (AGM) and specified the Record Date for members, setting key dates for shareholder participation and dividend eligibility.The AGM of GTPL Hathway Limited is scheduled to be held on Monday, September 28, 2026, at 12:30 p.m. IST. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM).The company has fixed Monday, September 21, 2026, as the crucial dates for shareholders. This date serves as the "Cut off Date" for determining members eligible to vote on the resolutions presented at the AGM. Furthermore, it is designated as the "Record Date" to determine...

Fractal Analytics Launches Dedicated India Business Unit to Scale AI Transformation in Enterprises Mumbai, India, August 25, 2026: Fractal Analytics Ltd., a global enterprise AI company, has established its dedicated India Business Unit (India BU). The unit is designed to assist large Indian enterprises in accelerating their business transformation by leveraging its enterprise agentic AI platform, Cogentiq, and its extensive portfolio of AI-driven products.The expansion focuses on capitalizing on the growing interest from Indian organizations seeking to move beyond AI pilots and implement scaled, AI-driven transformation across their businesses. This move builds upon Fractal’s nearly two decades of involvement and leadership within...

<h1>Jaykay Enterprises Limited Receives New ISINs for Rights Issue in Connection with Equity Shares</h1>Jaykay Enterprises Limited has received the necessary International Securities Identification Numbers (ISINs) related to its ongoing Rights Issue, enabling the dematerialization of the equity shares and associated entitlements.The ISINs were received subsequent to the conclusion of the Rights Issue Committee meeting of the Board of Directors. These identifiers relate to the partly paid-up equity shares and the associated Rights Entitlement in the context of the Rights Issue.The company has allocated two specific ISINs for this process, each serving a defined function within the demat accounts of eligible shareholders.Key...

Gold Prices Hover Amid Geopolitical Tension: Bulls Watch for US Inflation Data as Iran Pledges Retaliation Gold prices remained under intense scrutiny today as global markets awaited crucial U.S. inflation data and the upcoming speech from Fed Chair Kevin Warsh. While metal prices eased slightly after scaling three-month highs, persistent fears surrounding dollar debasement continued to provide a supportive backdrop for bullion. The trading session saw investors balancing inflationary concerns with heightened geopolitical risks involving Iran's pledged retaliation against tightened U.S. sanctions.Global Market Outlook and Expert Analysis Prithviraj Kothari, managing director at RiddiSiddhi Bullions Ltd. and president of IBJA, noted...

EaseMyTrip Founder Nishant Pitti Joins Global Icons at Stars Golf League Mauritius Launch Nishant Pitti, Founder and Chairman of EaseMyTrip, joined global sporting icons and distinguished personalities at the launch of the Stars Golf League Mauritius. The event marks the beginning of a ten-year ambition to establish Mauritius as a premier global luxury sporting destination.The unveiling of the new global golfing spectacle took place at 'The Opening Swing,' an exclusive cocktail reception held at Sugar Beach, Flic en Flac, on August 22, 2026. The event gathered various prominent figures, including cricketing legend Kapil Dev, acclaimed actor R. Madhavan, and former World No. 1 doubles player Mahesh Bhupathi.The Stars Golf League...

NSE IPO Set to Ignite Markets: Should Investors Buy Unlisted Shares Now or Wait for Mega Public Issue? The National Stock Exchange (NSE) is poised for a landmark event as its much-awaited Initial Public Offering (IPO) approaches in the second half of September. This monumental offering presents investors with a critical decision: should they capitalize on current opportunities in the unlisted market, or wait for the highly anticipated mega IPO?Currently, NSE's unlisted shares are trading at approximately Rs 2,015, according to Unlisted Arena data. The price has remained relatively stable since the filing of its draft red herring prospectus (DRHP), which was filed when the share was trading at Rs 2,010. Over the last year, these shares...

Apar Industries Sets Record Date for Dividend Payout and 37th AGM Apar Industries Limited has announced the Record Date and details concerning its upcoming Annual General Meeting (AGM) and the dividend entitlement for its shareholders. The company set the record date for the dividend distribution related to the Financial Year 2025-26, and scheduled its 37th AGM.The record date for determining the eligibility of shareholders entitled to receive the dividend on Equity Shares was set for Monday, September 14, 2026.The company is holding its 37th Annual General Meeting (AGM) to address shareholder matters. Key details regarding the dividend and the general meeting are provided below:EventDatePurpose/DetailsRecord DateSeptember...

Divyadhan Recycling Industries Approves Key Appointments, Announces 16th Annual General Meeting Divyadhan Recycling Industries Limited, following its Board of Directors meeting held on August 25, 2026, has finalized several critical corporate actions, including the appointment of new statutory and secretarial auditors, the regularization of a non-executive director, and the setting of dates for its upcoming Annual General Meeting (AGM).The Board reviewed and accepted the Secretarial Audit Report for the financial year ended March 31, 2026, which was issued by M/s VS Associates, the company's Secretarial Auditor. Furthermore, the Board approved the Management Discussion and Analysis (MD&A) Report and the Draft Director's Report, along...

Augmont Enterprises IPO Surges Over 15x on Day Three; GMP hits 41%, Signaling Strong Market Confidence The initial public offering (IPO) of Augmont Enterprises concluded its bidding period with exceptional strength, securing a significant subscription level as of the day's closing data. The Rs 825-crore IPO was subscribed 15.12 times by 10:10 am on August 25, demonstrating robust investor demand across multiple categories.In the grey market (GMP), Augmont Enterprises shares were trading at a highly optimistic figure of Rs 325. When calculated against the upper price band of Rs 788, this GMP translates to a potential listing gain of 41.24 percent, provided by InvestorGain data. Investors are reminded that the GMP is an unofficial...

Transwarranty Finance Limited Approves ESOP Grant and Increases Authorized Share Capital The Board of Directors of Transwarranty Finance Limited approved key corporate actions, including the grant of stock options to eligible employees and the increase in the Authorized Share Capital, during a meeting held on August 25, 2026.The Nomination Remuneration and Compensation Committee, along with the Board, sanctioned the grant of Stock Options to eligible employees under the Employee Stock Option Scheme 2019 (ESOP Scheme 2019).Furthermore, the company decided to increase its Authorized Share Capital. The Authorized Share Capital was raised from Rs. 61,00,00,000, which was comprised of 61,00,000 Equity Shares of face value Rs. 10 each, to...

Thomas Cook India and SOTC Travel Curate Experiential Fall and Winter Holidays Across Global Destinations Fall and Winter are rapidly emerging as a significant travel window for Indian travelers, marking a shift towards year-round experiential journeys rather than solely focusing on traditional summer holidays. Responding to this growing interest, Thomas Cook (India) Limited and its Group Company, SOTC Travel, have unveiled a curated portfolio of Fall and Winter holidays spanning several major international regions.The travel portfolio focuses on providing distinct seasonal highlights and varied experiences across Europe, North America, Australia, and New Zealand.Journey Highlights and Destinations The curated holidays cater to...

LEAP India Limited Certified as a Great Place to Work LEAP India Limited has received certification as a Great Place to Work® from the Great Place to Work® Institute. The certification recognizes the company as a great workplace after successfully completing the assessment conducted by the Institute, which is based in India.The recognition places LEAP India Limited within the category of Mid-Size Organizations.The certification is valid for one year, extending from August 2026 until August 2027.Key details of the Great Place to Work certification for LEAP India Limited are summarized below:MetricDetailCertification AwardGreat Place to Work®Certifying BodyGreat Place to Work®, IndiaAssessment CategoryMid-Size...

Natco Pharma Pledges $22 Million in Investment in eGenesis to Advance Organ Engineering Natco Pharma Limited has significantly increased its commitment to eGenesis, Inc., by investing an additional US$ 14 million. This new investment, made through two of its wholly owned subsidiaries, brings Natco’s total investment in the biotechnology firm to US$ 22 million.The investment aims to support eGenesis's pioneering work in genome engineering, which is focused on developing safe and effective transplantable organs to combat the global organ shortage.The new tranche of investment involves NATCO Pharma (Canada) Inc. committing US$ 9.5 million and NATCO Pharma South Africa Proprietary Limited contributing US$ 4.5 million. These funds are...