Markets

Nitin Spinners Limited Announces Record Date and Share Register Closure for Annual General Meeting Nitin Spinners Limited has announced key dates concerning its upcoming Annual General Meeting (AGM). The company has set the Record Date and specified the period during which the Register of Members and Share Transfer Books will be closed.The Record Date for Nitin Spinners Limited is set for Monday, September 14, 2026. This date is designated to determine the members entitled to receive the dividend for the financial year ended March 31, 2026. It also serves as the cut-off date to determine entitlement for E-voting at the ensuing Annual General Meeting.The company has scheduled the AGM to be held on Monday, September 21. The meeting is...

<h1>ESG Green Energy Commissions 10 MW Solar Power Plant in Tamil Nadu</h1><p>ESG Green Energy Private Limited, a subsidiary of Swelect Energy Systems Limited (SESL), has successfully commissioned a 10 MW Solar Power Plant. The plant, located in Nedumpirai Village, Cheyyar Taluk, Tiruvannamalai District, Tamil Nadu, commenced operations on August 24, 2026.</p><p>The new solar facility is set up to integrate into the regional power grid infrastructure. The 10 MW plant is interfaced at the 33 KV level and is connected to the 110/33 KV 10(1) Pooling Sub Station, which was developed by Swelect Energy Systems Limited. The facility is also connected to the 110/33-11 KV Sirungattur TANTRANSCO SS at the 110 KV Level.</p><p>The power...

Quality Foils Announces Key Dates Ahead of 36th Annual General Meeting Quality Foils (India) Limited, previously known as Quality Foils (India) Pvt. Ltd., has set the schedule for the forthcoming 36th Annual General Meeting (AGM). The AGM is scheduled to be held on Friday, September 11, 2026, at 10:30 A.M. at the company's registered office located at 3 Industrial Development Colony, Hisar-125005, Haryana.The company has outlined several critical dates for shareholders concerning the AGM, including the record date, book closure period, and the timeline for electronic voting (E-voting).The key dates for shareholders and investors are as follows:EventDateDetailsRecord DateSeptember 04, 2026Cut-off date for E-votingSeptember...

Sonata Software Completes Scheme of Arrangement and Amalgamation Sonata Software Limited has finalized the Scheme of Arrangement and Amalgamation involving the company and Encore I.T. Services Solutions Private Limited. The scheme officially became effective from August 14, 2026, following the approval by the Registrar of Companies (RoC) on August 25, 2026.The scheme involves the merger of the wholly-owned subsidiary, Encore I.T. Services Solutions Private Limited (the Transferor Company), with Sonata Software Limited (the Transferee Company). The Appointed Date for the Scheme was noted as April 1, 2024.Regarding the financial structure, the company confirmed that since the Scheme of Arrangement does not involve the issuance of any...

Orient Press Board Approves Factory Disposal and Sets Date for 38th Annual General Meeting Orient Press Limited recently held its Board of Directors meeting, during which it approved several key corporate matters, including a proposal to dispose of one of its factories. The company also announced the details and agenda for its 38th Annual General Meeting (AGM).The Board approved the proposal for selling, transferring, leasing, or otherwise disposing of a company factory located at Plot No. G-73, MIDC Tarapur Industrial Area, Boisar - 401 506, Dist. Palghar, Maharashtra. The sale and disposal of the asset are subject to the approval of the shareholders at the forthcoming 38th Annual General Meeting.In addition to the disposal matter...

Hy-Tech Engineers IPO Surges Past 9X Subscription; GMP Hits Rs 30 Amid Investor Rally The initial public offering (IPO) of Hy-Tech Engineers continues its powerful run on Day 2, showcasing overwhelming investor interest. The issue has been subscribed at 9.22 times as of 10:15 am on August 25, according to data from the NSE. This strong market reception highlights the demand for industrial sector participants.The Rs 136-crore IPO garnered bids for 16,72,92,903 shares against a supply of 1,81,45,406 shares on offer. The performance across investor segments reveals robust market confidence in the company's growth trajectory.Investor Demand and Grey Market Indicators Retail investors have driven significant demand for the IPO...

Skyways Air Services IPO Jumps Ahead as Retail Investors Fuel Over 1.5x Subscription The initial public offering (IPO) of Delhi-based air freight forwarder, Skyways Air Services, continues to attract robust investor interest on Day 2 of bidding. As of 11:00 am on August 25, the issue reported more than 1.5 times subscription, indicating significant market appetite for the logistics company's shares.The Rs 582.8 crore public issue is being offered through a combination of fresh and existing share sales. It comprises a fresh issue of 2.88 crore equity shares alongside an offer for sale (OFS) of 1.33 crore shares. The price band has been fixed by the company at Rs 131-138 per equity share.Investor Demand Drives Subscription Figures...

Visdem Technosys Approves Director Reappointment, Audit Firm and AGM Details Visdem Technosys Limited, formerly known as Kundan Edifice Limited, conducted a Board of Directors meeting on August 25, 2026. During the meeting, the Board approved several critical operational and managerial appointments and accepted key annual reports.A major outcome of the meeting was the approval of the re-appointment of Ms. Mallika Mukesh Gupta as a Whole Time Director. Ms. Gupta, who has been associated with the Company since 2017, was approved by the Board following recommendations by the NRC Committee. She was also confirmed as a member of the CSR Committee.The Board of Directors also granted approval for the Secretarial Audit Report issued by M/s...

BMW Ventures Secures Major Order for TMT Steel Supply from Tata Projects Limited BMW Ventures Limited has secured a significant purchase order from Tata Projects Limited for the supply of TMT Steel FE-550D Grade. The order, valued at Rs. 24,98,34,320/- inclusive of all taxes, pertains to the 3X800MW- for USCTPP-ADANI Project.The agreement falls under a domestic transaction, with Tata Projects Limited awarding the order. The supply of the specialized TMT Steel FE-550D Grade is set for delivery within eight weeks from the date of the Purchase Order.The terms of the contract include a 100% advance payment.The details of the purchase order are summarized below:ParticularDetailsAwarding Entitylata Projects LimitedNature of...

Muthoot Microfin Limited to Hold Committee Meeting Regarding Non-Convertible Debenture Issuance Muthoot Microfin Limited has scheduled a meeting of its Debenture Issue and Allotment Committee. The meeting is set to take place on Friday, August 28, 2026.The primary agenda item for the committee meeting is to consider and approve a fund raising initiative. This initiative involves the issuance of Non-Convertible Debentures (NCDs) through a private placement basis.The company's committee is scheduled to review the details pertaining to the NCD issuance, allowing the management to approve the planned fund raising activity.MUTHOOTMF Stock Price Movement Shares of Muthoot Microfin Limited are gaining as of 3:25 PM today, trading higher...

Arkade Developers Limited Receives Occupation Certificate for Vile Parle Residential Project Arkade Developers Limited has secured the Occupation Certificate (OC) for its residential project located in Vile Parle. The company received the OC on August 24, 2026.The project’s successful completion means the residential development adheres in full to the approved plans and local building regulations. This milestone marks a key achievement for Arkade Developers Limited.ARKADE Stock Price Movement As of 3:24 PM, shares of Arkade Developers Limited are shedding value in live trading, with the stock sinking by 4.04% and trading at ₹126.50. The equity has seen brisk activity today, recording a volume of 319,224 shares.

Ardee Industries Limited Approves Q3 Unaudited Financial Results; Reports IPO Details Ardee Industries Limited, previously known as Ardee Industries Private Limited, has reported the unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors approved these results along with a Limited Review Report issued by the Statutory Auditors. The board meeting, held on August 25, 2026, also covered the approval of the appointment of Key Managerial Personnel (KMPs).The results were reviewed and approved by the Board of Directors and submitted for a limited review by the Statutory Auditors.Financial Highlights and Performance Data The unaudited financial results for the quarter ended June 30, 2026, were...

Annu Projects IPO Subscription Hits 5 Percent; Grey Market Indicators Signal Potential Listing Gain The initial public offering (IPO) of Annu Projects, an engineering, procurement, and construction (EPC) company specializing in infrastructure projects, received a partial subscription on its first day. As reported by NSE data as of 11:20 am on August 25, the issue saw 5 percent subscription against the allocated offers.The Rs 175.06-crore IPO was open for subscription, and the bookrunners confirmed the allocation strategy to various investor segments. Retail investors led the initial demand in the offering. Non-institutional investor (NII) category registered a subscription rate of 3 percent. The overall issue remains available for...

Himatsingka Seide Limited Sets September 17 as Record Date for Final Dividend The Board of Directors of Himatsingka Seide Limited approved the record date for determining eligible members for the payment of the final dividend for the financial year ended March 31, 2026.The decision was reached following a meeting of the company's Board held on Tuesday, August 25, 2026.The company announced that Thursday, September 17, 2026, has been set as the official record date. This date is crucial for identifying all members who are eligible to receive the final dividend for the specified financial year.The Board meeting, held on August 25, 2026, commenced at 01:00 p.m. and concluded at 02:15 p.m. The meeting considered and approved the...

<h1>Sudarshan Chemical Industries Acquires Clariant's Specialized Aluminium Dyes Plant in Switzerland</h1>Pune, India, August 25, 2026 — Sudarshan Chemical Industries Limited (Sudarshan), through its European subsidiary Sudarshan Switzerland SLO AG, has signed a definitive Asset Sale and Transfer Agreement with Clariant Additives (Switzerland) AG. The agreement involves the acquisition of Clariant's aluminium dyes and chemicals manufacturing plant located in Muttenz, Switzerland.The Muttenz facility has been responsible for manufacturing Sudarshan's Aluminium Dyes portfolio for many years. The products covered by the transfer include the Sanodal®, Sanodure®, Sanodye®, and Anodal® brands. The agreement formalizes the conversion of...

IPO Market Ignites! Listing Gains Surge by 25% as Demand Overwhelms Caution India's primary market is experiencing a significant resurgence following strong listing day performance across recent Initial Public Offerings (IPOs). The average listing-day gains for stocks that went public since July have climbed sharply, reaching around 25%. This robust response stands in stark contrast to the muted primary market environment observed during the preceding year.The surge is attributable to several high-potential IPOs debuting successfully. Behari Lal Engineering saw its shares rally spectacularly, closing 76% higher on listing day. Indo MIM also made a powerful debut, soaring nearly 53%. Earlier this month, Shiprocket delivered a...

One Point One Solutions Awarded for Best Use of AI in Customer Service at India CX Strategy & Summit 2026 One Point One Solutions Limited, a global AI-powered customer experience and enterprise operations company, secured the 'Best Use of AI in Customer Service' award at the prestigious India CX Strategy & Summit 2026. The recognition highlights the company's commitment to leveraging artificial intelligence to transform customer experiences, improve operational performance, and achieve measurable business outcomes.The award specifically acknowledges the company’s innovative utilization of AI-led solutions. These solutions are designed to reshape customer engagement by facilitating personalized interactions, intelligent automation...

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...