Markets

Mahindra Logistics Allots 54,919 Equity Shares Following RSU Exercise Mahindra Logistics Limited has increased its issued share capital following the approval of the allotment of 54,919 Equity Shares. The allotment was executed upon the exercise of Restricted Stock Units (RSUs) under the Mahindra Logistics Employee Restricted Stock Unit Plan 2018.The allotment was approved by the Stakeholders' Relationship Committee of the Board of Mahindra Logistics Limited. The newly issued shares, which have a face value of Rs. 10/each and are fully paid up, rank pari passu with the Company's existing Equity Shares in all respects, including dividend.This transaction resulted in an increase in the Company's issued, subscribed, and paid-up share...

Ramco Cements to Benefit from Cessation of Mineral Bearing Land Tax in Tamil Nadu The Ramco Cements Limited has confirmed the cessation of the Mineral Bearing Land Tax, which it was incurring in the State of Tamil Nadu. This change, resulting from the enactment of The Mines and Minerals (Development and Regulation) Amendment Act, 2026 (MMDR), will significantly impact the company's operational costs and profitability.The amendment to the regulations restricts the imposition of certain taxes and levies by State Governments concerning mineral rights and mineral-bearing lands. Prior to this change, The Ramco Cements Limited had been incurring an amount of Rs.160/- per tonne of limestone towards the Mineral Bearing Land Tax in Tamil Nadu...

BLS International Categorically Rejects Visa Irregularity Allegations BLS International Services Limited has issued a statement categorically rejecting any involvement in the alleged irregularities concerning visa processing that have appeared in various media reports.The company stated that there is no evidence to establish any wrongdoing by BLS International or its employees regarding the issuance of visas. BLS International affirms that it has no involvement in the alleged irregularities referred to in the media reports.The company clarified that its function is strictly administrative, carrying out duties in accordance with the requirements set by competent authorities. BLS International emphasized that all decisions related to...

Radha Madhav Corporation to Hold Board Meeting to Discuss Appointments and AGM Plans Radha Madhav Corporation Ltd has scheduled a Board of Directors meeting for Monday, August 31, 2026. The meeting will address several key operational and governance items, including approvals related to the previous fiscal year and the planning for the upcoming Annual General Meeting (AGM).The agenda set for the board meeting includes the approval of the Directors' Report, the Corporate Governance Report, and the Management Discussion and Analysis (MD&A) report for the year ending March 31, 2026. Additionally, the board is tasked with approving the notice for the AGM, fixing the Book Closure dates for the meeting, and deciding the time, venue, and...

Welspun Enterprises Confirms No Price Sensitive Developments Related to Volume Movement Welspun Enterprises Limited has stated that there are no events, information, or developments of a price sensitive nature that require disclosure to the stock exchanges concerning the increase in volume of the company's securities.The company affirmed that its operations remain standard, and there is no material information currently impacting the performance or the price and volume behavior of the company's stock.Welspun Enterprises also indicated that it continuously explores business opportunities in the ordinary course of its operations. The company added that any unpublished price sensitive information or events arising from these...

Sansera Engineering Approves Key Designation Changes, Restructuring Senior Leadership Sansera Engineering Limited has approved significant changes in the designations of two senior executives, Mr. Fatheraj Singhvi and Mr. Bindiganavile Raghunath Preetham. The re-designations come into effect immediately and define the roles and tenures for both leaders across the next several years.The Board of Directors approved the change of designation for Mr. Fatheraj Singhvi, transitioning him from Joint Managing Director to Vice Chairman and Whole Time Director designated as Executive Vice Chairman of the Company. This new role is set to run for five years, effective from August 24, 2026, until August 05, 2029.Simultaneously, Mr. Bindiganavile...

Mrs. Yashodhara Khaitan Purchases 25,000 Equity Shares of Kilburn Engineering Ltd Mrs. Yashodhara Khaitan, a promoter of Kilburn Engineering Ltd, acquired 25,000 equity shares of the company through an open market purchase on August 21, 2026.The acquisition of shares by the promoter was recorded with the company. The transaction details indicate that Mrs. Khaitan increased her equity holding.Prior to the purchase, Mrs. Khaitan held 60,000 equity shares, representing 0.11% of the company. Following the open market purchase, her equity holding increased to 85,000 shares, which constitutes 0.15% of the company.Details of the shares acquired and the resulting change in holding are presented below:MetricValueShares...

Pitti Engineering Reports Business Responsibility and Sustainability for FY2025-26 Pitti Engineering Limited, a major manufacturer of electrical components, has detailed its commitment to environmental stewardship, social responsibility, and governance in its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report provides a comprehensive overview of the company's operational footprint, labor practices, and sustainability initiatives across its facilities.The company, which was incorporated on September 17, 1983, specializes in the manufacturing of electrical laminations, sub-assemblies for motor cores and generators, die-cast rotors, and machining of metal components. The company's turnover...

Moving Media Entertainment Limited Holds Board Meeting, Announces AGM Dates and E-voting Schedule Moving Media Entertainment Limited announced the outcomes of its Board meeting held on Monday, August 24, 2026, confirming key governance decisions and setting the date for its upcoming Fourth Annual General Meeting (AGM).During the Board meeting, the company reviewed and approved the Annual Report and all associated annexures for the financial year ended March 31, 2026. The Board of Directors' report, along with its annexures, for the Financial Year 2025-26 was also considered and approved.The meeting also addressed the matter of the rotationally retiring director, Ms. Anjali Bhargava. The Board considered and recommended members for...

Allied Blenders and Distillers to Launch Local Production of Officer's Choice Blue in Malaysia Allied Blenders and Distillers Limited (ABD), a major spirits company and India's largest exporter by volume, has announced a significant strategic expansion by establishing local production in Malaysia for its Officer's Choice Blue. This initiative marks the company's first overseas local production arrangement, supporting its broader global ambition to deepen its presence in international markets through asset-light growth models.The expansion into Malaysia is part of ABD's continued global growth strategy. ABD currently exports to 39 international markets, and its worldwide reach spans key markets across Europe, North America, Africa...

Tata Power Renewables Commissions 190.5 MW FDRE Project in Rajasthan, Boosting Grid Reliability Tata Power Renewable Energy Limited (TPREL) has commissioned its 190.5 MW Solar Firm and Dispatchable Renewable Energy (FDRE) project in Kalasar, Bikaner, Rajasthan. This project, which is part of a larger 460 MW FDRE initiative, marks a significant milestone in the integration of large-scale solar generation with advanced energy storage and grid support technologies in India.The 190.5 MW project was developed under the SJVN FDRE Tranche-1 and is set to supply energy to several discoms, including Haryana Power Purchase Centre (HPPC), Maharashtra State Electricity Distribution Company Limited (MSEDCL), and Noida Power Company Limited (NPCL)...

S&S Power Switchgears secures large order worth over ₹8 Crores from Hitachi Energy India S&S Power Switchgears Limited has secured a significant order through its subsidiary, M/s. S&S Power Switchgear Equipment Limited (SSPSE). The company won a major purchase order from Hitachi Energy India Ltd. for the supply of isolators for the Dilip Buildcon package in Karnataka.The deal, valued at more than ₹8-10 Crores, marks a successful continuation of the partnership between S&S and Hitachi Energy. The contract involves the supply of specialized isolators and is set to begin execution towards the end of the current financial year.This contract is intended for the Dilip Buildcon package in Karnataka, and the execution timeline for the order...

Gujarat Inject Kerala Ltd Forms Strategic Partnership with Storenergy Limited to Target TESS Opportunities Gujarat Inject Kerala Ltd has entered into a strategic business partnership with Storenergy Limited, a company incorporated in England. The agreement is designed to collaborate on pursuing Thermal Energy Storage System (TESS) opportunities across the Indian market.The partnership, designated as a Strategic Business Partnership/Framework Agreement, aims to facilitate the evaluation, development, and pursuit of TESS opportunities in India.Key details regarding this collaboration, which is not classified as a related party transaction, have been outlined as follows:ParticularsDetailsPartner EntityStorenergy Limited...

Siyaram Recycling Industries Approves Reappointment of Directors, Sets Dates for 20th Annual General Meeting Siyaram Recycling Industries Ltd., formerly known as Siyaram Impex Pvt. Ltd., announced key outcomes of its Board of Directors meeting held on August 24, 2026, which included the re-appointment of two directors and the scheduling of the company's 20th Annual General Meeting (AGM).The Board, acting on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Mr. Bhavesh Ramgopal Maheshwari as Managing Director. His term will span five years, running from August 24, 2026, to August 23, 2031, and he will be liable to retire by rotation, pending Shareholder approval.Concurrently, Mr. Ramgopal...

Gorani Industries Approves Annual General Meeting and Financial Reports in Board Meeting Gorani Industries Ltd. held a Board meeting on Monday, August 24, 2026, concluding at 12:00 PM. During the meeting, the Board approved the Notice of the Annual General Meeting (AGM) and granted approval for the Board Report along with its annexures for the financial year ending March.The Board meeting determined the schedule and format for the upcoming AGM. The Annual General Meeting is set to be held on Friday, September 25, 2026, at 12:30 PM. The company confirmed that the AGM will be conducted via Video Conferencing (VC) or other Audio-Visual Means (OAVM).Furthermore, the Board approved the Board Report, which is accompanied by its three...

Key Managerial Personnel at HB Estate Developers Ltd. Passes Away HB Estate Developers Ltd. has reported the passing of Ms. Banmala Jha, a Manager designated as a Key Managerial Personnel (KMP) of the company.The company received the information regarding Ms. Jha’s demise on August 24, 2026. Ms. Jha passed away on August 23, 2026.Ms. Jha was 70 years old and had been associated with HB Estate Developers Ltd. for a significant period. During her tenure, she contributed greatly to the company’s growth through her extensive experience and knowledge.The transition details regarding the change in personnel are as follows:ParticularsDescriptionReason for changeDemiseDate of cessation23.08.2026Brief ProfileNot Applicable...

Brahmaputra Infrastructure Secures Major Performance Based Maintenance Contract for NH-502A in Mizoram Brahmaputra Infrastructure Ltd. has successfully signed a significant contract for the Performance Based Maintenance Contract (PBMC) on NH-502A, a crucial corridor in southern Mizoram. The agreement was awarded by the Ministry of Road Transport & Highways (MoRT&H), Government of India, executed through the Chief Engineer, PWD (Highway), Aizawl, Mizoram.The contract details the operation and maintenance of the NH-502A corridor, stretching from Km 0.000 to Km 87.180, including monsoon maintenance. The contract tenure spans 60 months (5 years).The key details of the contract are as follows:ParameterDetailsAwarding...

Richfield Financial Services to Acquire Loan Portfolio Worth Up To Rs. 7 Crore from KLM AXIVA FINVEST Richfield Financial Services Limited has approved the acquisition of a loan portfolio, valued up to Rs. 7 Crore, from KLM AXIVA FINVEST LIMITED. The transaction details confirm the purchase of the portfolio, which includes the assigned receivables, all associated collateral, and the underlying Security Interest.The acquisition, which is set to occur in one or more tranches, involves the transfer of the loan portfolio from KLM AXIVA FINVEST LIMITED to Richfield Financial Services Limited.Key details of the agreement include:DetailInformationAcquirerRichfield Financial Services LimitedSellerKLM AXIVA FINVEST LIMITED...

Swojas Foods Completes Warrant Conversion, Increases Equity Capital by ₹ 1.98 Crore Swojas Foods Ltd has finalized the conversion of warrants into equity shares, resulting in an increase in the company's paid-up equity share capital. The company's Board of Directors approved the conversion of 1,600,000 warrants, which were issued during a prior preferential allotment.The conversion involved the allotment of 1,600,000 fully paid equity shares, each having a face value of ₹ 10/-. This transaction was carried out following the exercise of conversion options by warrant holders.The allotment was made for cash, with the company receiving the remaining exercise price of ₹ 12.375/- per share warrant. The total amount received for the...

State Trading Corporation Reschedules Board Meeting to Review Financial Results The State Trading Corporation of India Limited, a Government of India Enterprise, has rescheduled its 663rd Board Meeting. The meeting, originally noticed in August 2026, has been re-scheduled to address the review and approval of the company's recent financial performance.The 663rd Board Meeting is now set for August 25, 2026. The meeting will take place at Vanijya Bhawan, New Delhi-110001, commencing at 11:00 A.M.The purpose of the meeting is to consider, approve, and take on record key financial results. These results include the Audited Financial Results (both Standalone and Consolidated) for the quarter and financial year ended on March 31, 2026...