Markets

Tankup Engineers Acquires 100% Partnership Interest in Hitech Hydraulics to Bolster Strategic Defence and Space Capabilities Tankup Engineers Limited has announced the acquisition of the partnership interest in M/s Hitech Hydraulics, a specialized precision engineering firm, to significantly expand its foothold in India's strategic space and missile programmes. The acquisition is set to make Hitech Hydraulics a wholly owned entity of Tankup Engineers Limited.The definitive agreement for the acquisition was executed on September 09, 2026, between Tankup Engineers Limited, Mr. Anne Srinivasa Rao, Mrs. Anne Madhavi Latha, and Hitech Hydraulics. Hitech Hydraulics, which operates in Hyderabad, is a precision engineering and hydraulic and...

Joint Statutory Auditors Appointed for Indian Railway Finance Corporation Limited Indian Railway Finance Corporation Limited (IRFC) has announced the appointment of two firms of Chartered Accountants as Joint Statutory Auditors for the company for the financial year 2026-27.The appointment was conveyed following communication from the Comptroller and Auditor General of India. The firms appointed are M/s GSA & Associates LLP and M/s KGRS & CO.These firms will serve as Joint Statutory Auditors for IRFC during the specified financial year.Details of the appointed firms are provided below:Auditor FirmLocation DetailsM/s GSA & Associates LLP16, DDA Flats, Panchsheel Shivalik Mor, Near Malviya Nagar, Delhi - 110017M/s KGRS &...

Affordable Robotic & Automation Secures Multiple Purchase Orders for Robotic Welding Lines Affordable Robotic & Automation Limited has received purchase orders from two domestic customers for the supply of robotic welding lines. The orders, which involve turnkey projects, were secured in the course of ordinary business operations.The purchase orders are for the supply of robotic welding lines and are categorized as turnkey projects. Both contracts mandate the delivery of materials by December 2026. The clients are domestic entities, and the orders do not involve any interests from the promoter group or related party transactions.The details regarding the two confirmed orders are as follows:ParticularsOrder 1Order 2TypeTurnkey...

Prestige Estates Projects Limited Incorporates Southgrove Homes and Parkgrove Realty as Wholly-Owned Subsidiaries Prestige Estates Projects Limited has established two new Wholly-Owned Subsidiaries, Southgrove Homes LLP and Parkgrove Realty LLP, effective September 9, 2026. Both entities were incorporated to focus on the business of real estate development in India.The incorporation of these subsidiaries marks a strategic expansion in the real estate development sector. Both Southgrove Homes LLP and Parkgrove Realty LLP were established under the Limited Liability Partnership Act, 2008.The companies are wholly owned by Prestige Estates Projects Limited and are regarded as a related party transaction. The Promoter and the Promoter...

Anawil Wire & Engineering Secures Largest-Ever Order for Wind Turbine Towers Anawil Wire & Engineering Limited, a specialized manufacturer in the tubular wind tower sector, has secured its largest-ever order, valued at Rs 133.98 Cr excluding GST and Rs 140.68 Cr including GST.The order involves the supply of 38 wind turbine towers, designed according to the EN-156/3.3 MW model with 50 Hz and IEC S specifications. These towers are designated for the FDRE wind project in Andhra Pradesh. The project timeline indicates that the order is expected to be completed by Q4 2026-27.This contract marks a significant milestone in Anawil’s development and enhances the company’s execution visibility as it continues to scale its operations to meet...

Maks Energy Solutions Attributes Share Price Movement to Normal Market Sentiment Maks Energy Solutions India Limited, a manufacturer and exporter of diesel generator sets, has commented on the recent movement observed in the company’s shares. The company specializes in diesel generator sets ranging from 3 kVA to 3000 kVA and was previously known as MAKS Energy Solutions India Pvt. Ltd.In addressing the recent stock price volatility, Maks Energy Solutions confirmed that it holds no information or announcements, including any upcoming developments, that could impact the price of its shares.The company stated that the recent movement in the share price is a result of normal market conditions and prevailing investor sentiment.MAKS...

MobiKwik Expands FX Retail Offering to Six Currencies, Becoming Only Private Player with Multi-Currency Solution in Partnership with NPCI One MobiKwik Systems Ltd. (MobiKwik), a leading digital wallet in India, has significantly expanded its Foreign Exchange (FX) Retail services, now supporting six currencies. The expansion adds AED, CAD, GBP, EUR, and CHF to its existing USD offering.With this enhancement, MobiKwik is positioned as the only private player offering a multi-currency FX Retail solution, developed in partnership with NPCI Bharat BillPay Limited (NBBL). The service expansion was unveiled at the Global Fintech Fest (GFF) 2026.The multi-currency offering allows customers to access foreign exchange digitally to meet...

RateGain's UNO Channel Manager Wins Trip.com Favoured Connectivity Partner Recognition for Third Consecutive Year RateGain Travel Technologies Limited, a provider of AI-powered SaaS solutions for the travel and hospitality industry, announced that its UNO Channel Manager has been recognized by Trip.com Group as a Favoured Connectivity Partner for the third consecutive year at Envision 2026.This sustained recognition underscores the reliability of UNO Channel Manager's connectivity with Trip.com and reflects a partnership spanning more than a decade, designed to help accommodation providers capture demand across global markets.The recognition highlights the ability of the UNO Channel Manager to deliver consistent performance and...

Promoter Sells 2.00% Equity in Sri Lotus Developers and Realty Limited Shares in Open Market Sri Lotus Developers and Realty Limited announced that one of its promoters, Mr. Anand Kamalnayan Pandit, sold a portion of the company's equity shares through an open market transaction. The sale was conducted on September 10, 2026, in compliance with minimum public shareholding requirements.The transaction involved the sale of 97,70,000 Equity Shares of the company. This sale represented 2.00% of the total issued and paid-up equity share capital of Sri Lotus Developers and Realty Limited.The shareholding structure within the company was impacted by the open market sale. The promoters and members of the promoter group experienced a...

Anawil Wire Secures Order for Wind Turbine Towers valued at Rs 140.68 Cr Anawil Wire and Engineering Limited has received an order from a domestic client for the supply of wind turbine towers, with the contract valued at Rs 133.98 Cr excluding GST and Rs 140.68 Cr including GST.The order involves the provision of 38 wind turbine towers. These towers must conform to the EN- 156/3.3 MW model with 50 Hz and IEC S specifications, destined for the FDRE wind project in Andhra Pradesh.The contract is classified as a One Time nature of order. Anawil Wire and Engineering Limited is expected to complete the order by Q4 FY27.The details of the order are summarized below:ParticularsDetailClient TypeDomestic ClientOrder NatureOne...

Dilip Buildcon Divests Stake in Power Transmission Project to Alpha Alternatives Dilip Buildcon Limited (DBL) announced the execution of definitive agreements for the divestment of its stake in Mekhali Power Transmission Limited (MPTL) to Alpha Alternatives Fund Advisors LLP and/or its affiliates. This move is part of DBL's strategy to transition into an asset-light, multi-asset infrastructure platform.The transaction, completed on September 8, 2026, concerns the divestment of DBL's 51.0% equity stake in MPTL, which is developing a power transmission project with a total estimated project cost of approximately INR 2,171 Cr.The project, located in Belagavi District, Karnataka, involves developing, designing, and engineering a 400...

Supreme Infrastructure India Limited Achieves Near 80% Reduction in Corporate Guarantee Exposure Supreme Infrastructure India Limited (SIIL) has announced a significant reduction in its corporate guarantee exposure related to its subsidiary, Kopargaon Ahmednagar Tollways (Phase I) Private Limited. This development is part of a company-wide effort to reduce its corporate guarantee liabilities.The reduction stems from a court-approved amicable resolution plan concerning the subsidiary. The previous corporate guarantee exposure of approximately ₹ 180 crore has been reduced to the resolution plan value of ₹ 36.51 crore. This translates to a reduction in potential exposure of approximately ₹ 143.49 crore, which is nearly 80%.The...

Promoter Group Members Conduct Inter-se Share Transfers of TCI Express Limited Shares The Promoter Group of TCI Express Limited has executed inter-se share transfers in the open market, involving both the disposal of equity shares by TCI Trading (Dharmpal Agarwal) and the acquisition of shares by TCI Express Consolidated Limited. Both transactions were completed on September 08, 2026.TCI Trading (Dharmpal Agarwal), a member of the Promoter Group, conducted a disposal of equity shares. Prior to the transaction, TCI Trading held 22,21,497 shares, representing 5.78% of the total voting capital. Through the open market inter se transfer, the entity sold 12,000 shares, which accounted for 0.03% of the total voting capital. Following the...

Gopal Snacks Limited Commissions New Besan Manufacturing Unit in Nagpur to Enhance Backward Integration Gopal Snacks Limited, a prominent FMCG company recognized for its high-quality snack products, has strengthened its manufacturing operations by commissioning a new Besan manufacturing unit at its existing facility in Nagpur, Maharashtra.The new unit has an installed capacity of 19,642 MT per annum. This expansion is strategically aimed at bolstering the company's backward-integrated manufacturing processes.The addition of the Besan unit will eliminate the need for transporting Besan from the company's Rajkot manufacturing locations to Nagpur. This operational change is expected to lower transportation costs and streamline material...

<h1>Adani Airport Holdings Secures Investment via Shareholders' Agreement with Global Investors</h1>Adani Airport Holdings Limited (AAHL) has entered into a Shareholders' Agreement with several identified global investors to raise funds through the issuance of equity shares. The agreement was executed on September 9, 2026.The Shareholders' Agreement involves the Company, Adani Enterprises Limited, and a group of Identified Investors, including Alpha Wave III, LP, Premji Invest (PI Opportunities Fund-I Scheme- II and PI Opportunities Fund II), Jongsong Investments Pte. Ltd. (Temasek), and various funds managed by BlackRock. The agreement is intended to facilitate the Identified Investors acquiring a stake of up to 5.54% in AAHL.The...

Steel Exchange India Ltd Secures Long-Term Iron Ore Supply through MoU with NMDC Steel Exchange India Limited (SEIL), a leading integrated steel manufacturer in Eastern India, has entered into a strategic Memorandum of Understanding (MoU) with NMDC Limited, India's primary government-owned iron ore producer. This partnership establishes a framework for the long-term supply and procurement of consistent grade Iron Ore Fines, significantly bolstering SEIL's raw material security.The MoU details the procurement of Iron Ore Fines (Fe 61-63% and above) from NMDC's upcoming Buffer Stockpile and Blending Yard, located at Visakhapatnam, Andhra Pradesh. This agreement provides SEIL direct access to the ore via conveyor, FOB, FOR, FOT, or...

Coforge Announces Resignation of Chairman, Appoints Interim Chairperson Vivek Sharma Coforge Limited has announced the immediate resignation of its Non-Executive Independent Director and Chairperson, Mr. O P Bhatt. Furthermore, the Board has designated Mr. Vivek Sharma, a Non-Executive Independent Director, to serve as the interim Chairperson of the company until January 31, 2027.The Board of Directors noted the resignation of Mr. O P Bhatt, effective immediately, and thanked him for his services to the company. Mr. Bhatt also ceases to be a member of the Company's various committees as of the same date. The Board confirmed that there was no other material reason for his resignation beyond what was stated in his email dated September...

Coforge Limited Clarifies Board Evaluation Matters Are Separate from Financial Performance Coforge Limited stated on September 9, 2026, that matters related to its Board Evaluation Exercise, conducted in March/April 2026 for the previous year, are purely regulatory in nature and do not relate to the company's financial statements, financial reporting, or any financial aspects of the business.The company confirmed that the topics associated with the board evaluation exercise have no bearing on its operations, business performance, or the near-term, medium-term, or long-term stated guidance.This clarification was issued to ensure that there is no misunderstanding regarding a connection between the board evaluation matters and...

Kiri Industries Subsidiary Acquires 40% Stake in Makilala Mining Company for $5 Million Equinaire Holdings Limited (EHL), a wholly owned subsidiary of Kiri Industries Limited, has acquired 40% of the outstanding capital stock in Makilala Mining Company, Inc. (MMCI). The acquisition was finalized following a public auction held on September 8, 2026.A Deed of Absolute Sale was executed on September 8, 2026, between Makilala Holding Limited (MHL), acting through EHL, and EHL, which completed the purchase of the shares. The transaction was completed for a consideration of USD 5,010,000.00.The acquired shares amount to 20,000,000 shares, representing 40% of MMCI's total outstanding capital stock. This acquisition forms part of EHL's...

C2C Advanced Systems Limited issues Corrigendum for 9th Annual General Meeting Date C2C Advanced Systems Limited has issued a corrigendum regarding the Notice of the 9th Annual General Meeting for the Financial Year 2025-26. The correction addresses a clerical error found in the original notice.The company stated that a typographical error occurred in the published notice, where the date of the Annual General Meeting (AGM) was inadvertently mentioned as "30 September 2025."The company clarified that the correct date for the 9th Annual General Meeting is "30 September 2026." The correction is purely clerical in nature.C2C Advanced Systems Limited confirmed that, apart from the noted date correction, all other details pertaining to...