Markets

Ministry of Defence Appoints K.M. Ravi Kumar as Non-Official Director of Mazagon Dock Shipbuilders Mazagon Dock Shipbuilders Limited, a Government of India Undertaking (formerly Mazagon Dock Limited), has appointed Shri K.M. Ravi Kumar as a Non-Official (Independent) Director on the company's Board.The appointment was made by the Ministry of Defence through a letter dated August 21, 2026. Shri K.M. Ravi Kumar will serve in this capacity for a period of three years, or until further instructions are given, whichever occurs earlier.The company confirmed that the effective date of the appointment is set for the date of the appointment notification. However, the company noted that if Shri K.M. Ravi Kumar does not yet possess a Director...

Propshop Events and Exhibitions Approves Financial Results and International Expansion via Three New Subsidiaries Propshop Events and Exhibitions Limited announced several significant approvals following its Board Meeting held on Monday, August 24, 2026. The Board approved the company's financial results and authorized the incorporation of wholly owned subsidiaries in three international markets: Germany, Poland, and the United Arab Emirates (UAE).The Board meeting commenced at 04:00 pm (IST) and concluded at 05:00 pm (IST), during which the company's financial performance and future expansion plans were finalized.Key outcomes of the Board Meeting included the approval of the Audited Standalone financial results for the half year...

Pace Digitek Secures ₹92.9 Crore Order for BESS Supply and Commissioning Support Pace Digitek Limited has strengthened its position in the Battery Energy Storage System (BESS) market after its subsidiary, Lineage Power Private Limited (LPPL), received a Letter of Award from Kalpa Power Private Limited (KPPL). The order, valued at ₹92.9 crore, covers the supply and commissioning support for a 100 MWh BESS.The contract is scheduled for completion by 31 December 2026 and adds significantly to the company’s growing visibility and product pipeline within the BESS sector.The order is set to be supplied from Pace Digitek’s dedicated BESS manufacturing platform. The company has recently expanded its manufacturing capacity, which now stands...

Ceigall India, SIML Win Major Road Construction Contract worth Rs 704.70 Crore from MoRTH Ceigall India Limited (CIL), in partnership with Sushee Infra & Mining Limited (SIML), has received a Letter of Acceptance (LOA) from the Ministry of Road Transport and Highways (MoRTH). The contract involves the construction of a key section of National Highway 913 (NH-913) in Arunachal Pradesh.The joint venture, consisting of CIL (74% share) and SIML (26% share), secured the contract for the construction of road from km 85.60 to km 168.00 of the Lada-Sarli section of NH-913 (Frontier Highway) to Intermediate Lane.The awarded contract is a domestic opportunity utilizing the Engineering Procurement Construction (EPC) mode. The total...

Maitreya Medicare Limited Approves 7th AGM and Appoints Scrutinizer The Board of Directors of Maitreya Medicare Limited, in a meeting held on August 24, 2026, approved several key decisions regarding the forthcoming 7th Annual General Meeting (AGM). The meeting focused on approving the AGM logistics, administrative requirements, and the appointment of a scrutinizer.The Board approved the holding of the company's 7th AGM, which is scheduled for Monday, September 21, 2026. The meeting will be conducted via Video Conferencing (VC) or other audiovisual means (OAVM), which will facilitate the e-voting facility for members.During the board meeting, the directors' report along with its annexures was approved. Furthermore, the company...

Siyaram Recycling Industries Approves Reappointment of Managing Director and Whole Time Director Siyaram Recycling Industries Ltd has approved the re-appointment of two key directors, Mr. Bhavesh Ramgopal Maheshwari and Mr. Ramgopal Ochhavlal Maheshwari, following the conclusion of their respective existing tenures. Both appointments span a five-year term, effective from August 24, 2026.The Board of Directors approved the re-appointment of Mr. Bhavesh Ramgopal Maheshwari as Managing Director. His current term was set to expire on August 24, 2026. Based on the recommendation of the Nomination and Remuneration Committee, the company approved his continuation for a period of five years, up until August 23, 2031. He is liable to retire by...

Asia Capital Ltd Announces AGM Date and Approves Key Governance Appointments Asia Capital Ltd. confirmed several key corporate actions and appointments following a Board meeting held on August 24, 2026. The board approved the appointment of crucial auditors and scrutinizers, finalized the dates for the upcoming Annual General Meeting (AGM), and granted approval for EVoting facilities.The company appointed Mr. Anand Khandelia, a Practicing Company Secretary, as the Secretarial Auditor for a term spanning five years, from FY 2026-2027 till FY 2030-2031. Furthermore, Sanjay Kumar Lalit, Advocate, was appointed as the Scrutinizer for the e-voting process that will be conducted during the ensuing Annual General Meeting for the Financial...

Maharashtra Seamless Limited Releases Business Responsibility and Sustainability Report for FY 2025-26 Maharashtra Seamless Limited (MSL) has released its Business Responsibility and Sustainability (BRS) Report for the financial year 2025-26. The report provides detailed insights into the company’s operations, employee welfare, and commitment to environmental stewardship, covering areas such as governance, social impact, and environmental management.The company’s primary business activity involves the manufacture of steel pipes and tubes, contributing 98.80% of its turnover. MSL serves markets across all Indian states and maintains international presence in four countries, with exports contributing 10.67% of the total turnover...

Avax Apparels and Ornaments Approves Name Change to 'Avax Limited' Following Board Meeting Avax Apparels and Ornaments Limited, formerly known as Avax Soft Technologies Limited, conducted a Board of Directors meeting on August 24, 2026, to approve a proposed name change. The company's board considered and approved the shift from 'Avax Apparels And Ornaments Limited' to 'Avax Limited'.The name change is subject to several conditions and requires external approvals. The proposed change must receive the approval of the Central Registration Centre (CRC) under the Ministry of Corporate Affairs, alongside any other relevant authorities.Further, the name change requires formal approval from the company's members during a General Meeting...

Shelter Pharma Ltd Completes Manufacturing and Dispatches Export Order to Sudan Shelter Pharma Limited has successfully completed and dispatched a significant export order, marking a milestone in the company's international growth trajectory. The order, received from Taha Drugs & Chemicals Co. Ltd, has been fulfilled, and the funds related to the shipment have been fully settled.The export order involves the supply of nutraceutical tablets and was destined for Sudan. According to the details provided, the total value of the order was USD 1,44,000.The completion and delivery of this export order affirm the company's increasing international presence and its dedication to providing high-quality pharmaceutical products to global...

<h1>Board Meeting Scheduled for Ind Agiv Commerce Ltd to Adopt March 2026 Financial Audited Reports</h1>Ind Agiv Commerce Ltd has scheduled a short period meeting of its Board of Directors. The meeting is set to focus on the adoption of the Financial Audited Reports for the company, which cover the period ending March 2026.The company confirmed that the meeting is scheduled for Saturday, August 27, 2026. The primary agenda item for the Board is the adoption of the Financial Audited Reports, encompassing both the Standalone and Consolidated figures for March 2026.The operational details for the corporate meeting are as follows:DetailInformationMeeting DateSaturday, 27/08/2026Time02:00 PMVenueKanara Business Centre...

Aptus Pharma Plans Aggressive Growth Phase with Capital Raise, Targeting Manufacturing and Pan-India Expansion Ahmedabad, August 24, 2026: Aptus Pharma Limited, a company currently operating a marketing-led pharmaceutical business model, has outlined a major growth phase. The company plans to strengthen its market presence, expand across India, and explore opportunities in international markets, backed by a proposed preferential issue of equity shares.The Board of Directors approved a proposal to raise ₹44.88 crore through a preferential equity issue aimed at identified investors. This proposal is subject to the approval of the members at the upcoming Annual General Meeting, scheduled for September 14, 2026, and other requisite...

Garden Reach Shipbuilders & Engineers Lands Order Worth ₹45.02 Crore for Electric Ferry Procurement Garden Reach Shipbuilders & Engineers Limited (GRSE) has secured a significant order from the West Bengal Tourism Development Corporation Limited (WBTDCL). The contract, valued at ₹45.02 crore, involves the procurement of two 100Pax Electric Ferries.The order was awarded to GRSE on August 24, 2026, by WBTDCL. This transaction represents a domestic contract, and the agreement does not fall under related party transactions.The details of the contract awarded by the West Bengal Tourism Development Corporation Limited are as follows:Contract DetailSpecificationEntity Awarding OrderWest Bengal Tourism Development Corporation Limited...

Crop Life Science Approves Board Report, Fixes 20th AGM for September 2026 Crop Life Science Limited's Board of Directors, during a meeting held on Monday, August 24, 2026, approved the Board's Report for the financial year ending March 31, 2026, and set the date for the company's 20th Annual General Meeting (AGM).The board meeting, which was held at the Registered Office of the Company, concluded at 1:00 PM, having commenced at 12:10 PM.Key decisions taken by the Board included the approval of the Board's Report along with all relevant annexures for the financial year that concluded on March 31, 2026.Annual General Meeting Details The Board also approved the notice convening the 20th Annual General Meeting (AGM) of the company...

Maitreya Medicare Limited Sets Record Date for Seventh Annual General Meeting Maitreya Medicare Limited has announced the record date for its upcoming Seventh Annual General Meeting. The company fixed the record date as Monday, September 14, 2026, to determine entitlement for its members.The determination of this record date is intended for the members in connection with the Seventh Annual General Meeting of Maitreya Medicare Limited. The company operates as a Multi Superspeciality Hospital and Research Centre.MAITREYA Stock Price Movement Maitreya Medicare Limited shares settled today at ₹118.50, holding steady in post-market trading with no change noted from its previous close. The stock price maintained stability throughout the...

Omega Ag-Seeds Punjab Ltd. Schedules Board Meeting to Discuss Annual Reports and Director Regularization Omega Ag-Seeds Punjab Ltd. has scheduled a meeting of its Board of Directors to address several key corporate matters, including the approval of its 34th Annual Report and the regularization of an Additional Director.The Board Meeting is set to take place on Monday, August 31, 2026, at 3:00 P.M.The agenda for the meeting includes comprehensive review and decision-making on the following points:Annual Reporting: To consider and approve the Notice of the ensuing Thirty-Fourth Annual General Meeting, the Directors Report, and the 34th Annual Report of the Company along with Annexures for the Financial Year 2025-26. AGM Logistics...

Tolins' Subsidiary Terra Rubber Breaks Ground on Reclaim Rubber Manufacturing Facility in Kerala Kerala, August 24, 2026: Tolins Tyres Limited, a prominent player in the tyre and treads industry, has seen a significant step in its commitment to sustainable manufacturing. Its wholly owned subsidiary, Terra Rubber Private Limited, has commenced the construction of a new Reclaim Rubber manufacturing facility in Palakkad, Kerala.This groundbreaking ceremony marks a strategic milestone for the Tolins Group, advancing its backward integration, raw-material efficiency, and move toward circular manufacturing within the rubber value chain.The new facility is designed to convert scrap tyres and other rubber waste, including rubber compound...

CRISIL Rates Vascon Engineers Ltd with BBB+/Stable Long Term Rating and A2 Short Term Rating Vascon Engineers Ltd has received credit ratings from CRISIL Ratings Limited regarding its long and short-term facilities.CRISIL has assigned a Long Term Facilities Rating of BBB+/Stable and a Short Term Facilities Rating of A2 to Vascon Engineers Ltd.The ratings details are as follows:Facility TypeRatingLong Term FacilitiesBBB+/StableShort Term FacilitiesA2The assessment by CRISIL provides insights into the company's financial stability and creditworthiness across different time horizons.VASCONEQ Stock Price Movement Shares of Vascon Engineers Limited shed 1.54% in trading today, settling at ₹31.35. The stock traded a total...

Fino Payments Bank Extends Tenure of CEO Ketan Merchant for Up to Three Months Fino Payments Bank Limited has extended the tenure of Mr. Ketan Merchant as Interim Chief Executive Officer (CEO). The extension is provisionally set for a period not exceeding three months, effective from August 27, 2026, and is subject to the approval of the Reserve Bank of India (RBI).The board of directors of Fino Payments Bank Limited approved the extension of Mr. Ketan Merchant, who continues to serve as a Key Managerial Personnel (KMP) and Senior Managerial Personnel of the Bank.The details regarding the CEO's tenure extension and professional background were provided, noting that Mr. Merchant has vast experience in the banking sector.Key details...

<h1>Ratnamani Metals & Tubes' Subsidiary Secures Export Orders Worth USD 286 Million</h1>Ratnamani Metals & Tubes Ltd has announced that its subsidiary company, Ratnamani Finow Spooling Solutions Private Limited, has secured significant export orders for the supply of Spools and Hangers. The orders, which are international in nature, aggregate to USD 286 Million, equivalent to approximately INR 2,700 Crores.The orders represent a normal course of business for the subsidiary. These contracts span a period of two to three years.The supply process involves a combination of internal manufacturing and subcontracting, with the orders being sold on a Mercantile Trade Transaction basis.Key details regarding the secured contracts are as...