Markets

Creative Newtech Partners with Jupiter Electric Mobility for Pan-India Distribution of Drone Batteries Mumbai, 27 August 2026: Creative Newtech Limited has entered into a strategic partnership with Jupiter Electric Mobility Private Limited (JEM) to distribute drone-based solutions across India. This collaboration aims to expand the availability of specialized drone batteries through Creative Newtech's nationwide distribution network and market access capabilities.The partnership combines Creative Newtech’s distribution strength and market development expertise with JEM’s specialized battery technologies, strengthening access to high performance power solutions for India’s growing drone ecosystem.The core technology featured in this...

Lalithaa Jewellery Mart Limited Designates Key Personnel for Event Materiality Determination Lalithaa Jewellery Mart Limited has designated key managerial personnel who are authorized to determine the materiality of company events and information for stock exchange disclosures. This designation clarifies the roles responsible for assessing the significance of material events within the company.The authorized personnel include the Whole-time Director, the Chief Financial Officer, and the Company Secretary and Compliance Officer. These individuals are tasked with making necessary disclosures concerning material events as determined by the company's policy.The details of the authorized personnel are provided below:S. NoName of...

Interarch Building Solutions Limited Receives Show Cause Notice with Total Tax Demand of Rs 21.31 Lakh Interarch Building Solutions Limited, formerly Interarch Building Products Limited, has received a Show Cause Notice (SCN) regarding a difference in the Input Tax Credit (ITC) availed and utilized between GSTR 3B and GSTR 2A. The SCN, issued by the Excise and Taxation Officer Faridabad (North) Ward 4, Faridabad, Haryana, details a demand amounting to Rs 21,31,134.The company received the communication on 26.08.2026 via the GST Portal. The SCN addresses the difference in the input tax credit.The financial implications of the notice are as follows:DescriptionAmountTax DemandRs 9,88,926.00Interest ChargedRs 11,42,208.00...

TVS Motor Launches Jupiter Dual Tone Spectral Range, Offering Segment-First Features TVS Motor Company has introduced the TVS Jupiter dual tone spectral range, the latest iteration of its family scooter. The new range introduces two distinct dual-tone spectral colors—Spectral Blue and Spectral Copper—to the 110cc scooter segment, establishing the TVS Jupiter as the first in its segment to offer these distinctive colors.The launch, which took place in Bengaluru on August 27, 2026, comes with multiple thoughtful enhancements covering styling, comfort, and technology, aiming to provide a more contemporary offering to modern families.The scooter has been upgraded with premium and segment-first features. These include Sequential Turn...

<h1>RMC Switchgears Limited Finalizes Share Pledge and Approves Strategic Investment in LLP</h1>RMC Switchgears Limited announced significant strategic decisions following a Board meeting held on August 27, 2026. The Board approved the execution of a Pledge Agreement concerning shares held in an associate company, as well as sanctioned a new investment into a limited liability partnership (LLP).The company moved to secure its associate company by entering into a Pledge Agreement. This agreement involves RMC Switchgears Limited as the Pledger, and it is structured with Aseem Infrastructure Finance Limited as the Lender, and CTL Trusteeship Limited acting as the Security Trustee. The purpose of the agreement is to provide security for...

Ramco Systems Successfully Implements Payce Platform for Cromwell Property Group Ramco Systems, a global payroll software provider, announced the successful implementation of its Payce platform for Cromwell Property Group (Cromwell), a real estate investment platform. The implementation, conducted collaboratively by teams from both Cromwell and Ramco Systems, is designed to manage and support Cromwell's payroll requirements in Australia.The Ramco Payce solution ensures that payroll operations comply with all Australian statutory requirements.Sandesh Bilagi, Chief Executive Officer of Ramco Systems, stated that the accomplishment reflects the hard work of the teams on both sides, affirming that at Ramco, success is measured by the...

Genesys International Appoints Dhiman Basu Ray as CTO, Eyes Shift to Spatial Intelligence and Physical AI Mumbai, August 27, 2026: Genesys International Corporation Limited, a leading geospatial technology company (NSE: GENESYS | BSE: 506109), announced the appointment of Dhiman Basu Ray as Chief Technology Officer (CTO). The move underscores the company's strategic pivot as it advances from providing high-precision maps and Digital Twins toward establishing a comprehensive Spatial Intelligence layer for the physical economy.Dhiman Basu Ray joins Genesys International as CTO, bringing approximately 26 years of experience in technology and digital engineering. Prior to this appointment, he held the role of Global Chief Technology...

Capacit'e Infraprojects Lands Letter of Intent Worth ~ ₹ 741 Crore from Mahindra Lifespace Mumbai, August 27, 2026: Capacit'e Infraprojects Limited has secured a Letter of Intent (LOI) valued at approximately ₹ 741 Crore (Rupees Seven Hundred and Forty-One Crore Only), excluding GST, from Mahindra Lifespace Developers Limited.The LOI covers the construction of the Core and Shell work for two major projects: Mahindra Rainforest located in Kanjurmarg and Mahindra Beacon Hill situated in Mahalaxmi.This contract represents a significant win for Capacit'e, which has established itself as a quality-focused contractor in the building construction space. The association with Mahindra Lifespace Developers Limited, a marquee name in India's...

Heritage Foods Executive Director Recognized in Fortune India's 40 Under 40, 2026 Heritage Foods Limited has been recognized through its Executive Director, Ms. Brahmani Nara, who was named among Fortune India's 40 Under 40, 2026. The recognition, presented at an award ceremony in Mumbai on August 26, 2026, acknowledges Ms. Nara's contribution to the company's growth and evolution within India's dairy sector.The recognition highlights Ms. Nara’s role in driving initiatives relating to innovation, the development of value-added dairy products, and strengthening engagement with farmers and stakeholders.Commenting on the achievement, Ms. Brahmani Nara stated that she is deeply honored by the recognition. She emphasized that the award...

CEAT Secures Favorable Order in Appeals Regarding CGST Act CEAT Limited has received an Order-in-Appeal from the Commissioner (Appeals), CGST Thane Commissionerate, Mumbai, regarding a matter under the Central Goods and Services Tax Act, 2017. The order has been adjudicated in favor of the company, addressing a dispute related to the supply of Tube and Flap alongside Tyre.The decision concerns a demand of INR 107 Crore that had been levied against the company. The ruling determined that the matter was an interpretational issue, concluding that the proceedings under Section 74 of the CGST Act were unsustainable.The outcome of the proceedings resulted in no impact on the financials, operations, or other activities of CEAT Limited...

Pritika Group signs 25-Year Solar Power MOU, Targeting ₹110 Crore Savings Pritika Engineering Components Limited, a subsidiary of Pritika Auto Industries Limited, has signed a Memorandum of Understanding (MoU) with Spark Grid Private Limited. The deal centers on the supply of solar power at a competitive rate over a 25-year period, significantly strengthening the Pritika Group of Industries' sustainability agenda.The long-term solar power arrangement is projected to yield substantial cost efficiencies for the Pritika Group. The estimated savings over the 25-year tenure are approximately ₹110 crore.Pritika Engineering Components Limited and Meeta Castings Limited are set to benefit with estimated savings of approximately ₹70 crore...

NSE Fines Mahanagar Telephone Nigam for Regulatory Non-Compliance; MTNL Requests Waiver Mahanagar Telephone Nigam Limited (MTNL), a Government of India enterprise, has been assessed a significant fine by the National Stock Exchange of India (NSE) following non-compliance with various provisions of SEBI (LODR) Regulations, 2015. The fine, amounting to Rs. 12,66,140, was levied after the NSE identified lapses related to several regulations.The fine includes a basic penalty of Rs. 10,73,000, with the remaining amount being GST @18%, calculated at Rs. 1,93,140.MTNL, which operates as a Public Sector Undertaking, has raised the issue with the NSE, stating that all appointments, including Independent Directors on the Board, are managed by...

Shilchar Technologies Limited Reports Unaudited Financial Results for Quarter Ended June 30, 2026 Shilchar Technologies Limited has announced the un-audited financial results for the quarter ended June 30, 2026. The Board of Directors of the company reviewed and approved these results, which were also reviewed by Statutory Auditors.The company operates exclusively in the Transformers & Parts segment.The Statement of Unaudited Financial Results for the quarter ended June 30, 2026, along with the corresponding previous period, reveals the following key financial details:Financial MetricCurrent Quarter (Ended June 30, 2026)Previous QuarterRevenue from operations15,164,5765,193.99Other income666.682,604.62Total...

Shayona Engineering Ltd Receives Purchase Order for Industrial Components Worth Rs 58.52 Lakh Shayona Engineering Ltd has secured a Purchase Order from a domestic customer for the supply of industrial machinery parts and components. The order, received on August 26, 2026, carries a broad consideration of Rs 58,52,800/- including GST.The company, which operates as a specialist in turnkey project machinery and industrial structure fabrication, received the order for the supply of components as per agreed specifications and delivery schedule.The details of the Purchase Order received by the company are summarized below:DetailInformationOrder TypeSupply of Industrial Machinery Parts & ComponentsCustomer TypeDomestic entity...

Hindalco Commissions India's First Superfine PPT ATH Plant, Boosting Self-Reliance in Cable Fire Safety Hindalco Industries Limited, a metals flagship of the Aditya Birla Group, has commissioned a new greenfield Superfine PPT ATH (Precipitated Aluminium Trihydrate) manufacturing plant in Belagavi, Karnataka. This facility marks a significant milestone, as it represents the first domestic production of this high-value specialty alumina product in India.The new plant has an initial annual production capacity of 30,000 tonnes. This strategic addition strengthens Hindalco's Specialty Alumina portfolio and advances India's objectives for self-reliance in critical fire safety applications. Furthermore, the facility is notable as the world's...

Mitsu Chem Plast Adds 600 MT/Year to Manufacturing Capacity, Boosting Strategic Expansion Mitsu Chem Plast Limited, a leading manufacturer of polymer-based molded products, announced a significant capacity addition at its existing manufacturing facility. The company is adding 600 MT/Year of manufacturing capacity as part of its efforts to strengthen its capabilities and support future growth.The expansion comes as the company continues to focus on meeting the rising demand across various sectors, including industrial packaging, healthcare, infrastructure, and emergency handling.Capacity Expansion Details The capacity addition is part of a broader growth strategy. The company reported that in Fiscal Year 27 (FY27), cumulative...

Mitsu Chem Plast Ltd. Announces Capacity Addition Plan Targeting Sustained Growth Mitsu Chem Plast Ltd. has announced plans for a capacity addition to its existing operations, aiming to support sustained growth, diversify products, and meet increasing market demand.The company’s existing operational parameters and the proposed expansion are detailed below:ParticularsDetailsExisting Capacity36000+ MT/YearExisting Capacity Utilization64% for the year ended March 31, 2026Proposed Capacity Addition600 MT/YearPeriod for AdditionAugust 2026The proposed expansion involves an investment of approximately INR 107.00 lakhs, designated for the purchase of new machinery. The project will be financed through a combination of...

Khadim India Limited Receives Outstanding Dues Following High Court Affirmation of Arbitral Award Khadim India Limited has received the outstanding amount of ₹ 31,96,86,729/-, along with applicable interest and related dues, following the judicial resolution of a dispute involving Samagra Shiksha Abhiyan Authority (SSAA), Punjab.The company received the outstanding amount after the Hon'ble High Court of Punjab and Haryana, Chandigarh, issued an order dated May 05, 2026. This ruling confirmed the Arbitral Award that was passed on June 27, 2022, in favour of Khadim India Limited. The High Court's decision reversed the prior finding made by the District Court at Mohali, which had previously decided against the company in favour of the...

3i Infotech Files Follow-up Complaint with SEBI Seeking Investigation into Share Matter 3i Infotech Limited has filed a follow-on complaint with the Securities and Exchange Board of India (SEBI), seeking an investigation into a related matter.The company filed the follow-on complaint with SEBI on August 26, 2026, at 6.37 pm. The filing requests SEBI to initiate the appropriate investigation into the matter, specifically considering the details of a prior complaint that was filed on February 12, 2026.The current complaint is filed under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.3i Infotech Limited has committed to providing updates to the stock exchanges regarding any significant developments...

Oswal Agro Mills Limited Receives ISO 9001:2015 Certification for Real Estate Operations Oswal Agro Mills Limited has secured ISO 9001:2015 certification for its real estate development, property management, and leasing activities. The quality management systems certification was awarded by Audittech Certification Pvt. Ltd.The certification, which was granted on August 26, 2026, covers the processes related to real estate development, property management, and the leasing of both residential and commercial properties by the company.The certification details, including key timelines and scope, are as follows:DetailInformationCertificationISO 9001:2015 (Quality Management Systems)Scope of CertificationReal estate development...