Markets

Skyways Air Services IPO: Logistics Leader Seeks ₹399 Crore to Fuel Growth Amid High-Stakes Market Skyways Air Services is poised to make a significant market entry with its upcoming IPO, seeking crucial capital to stabilize operations and fund future growth initiatives. The logistics provider plans to raise ₹399 crore through a fresh issue, which is designated for debt repayment and fulfilling working capital requirements. This fundraising effort, coupled with an Offer For Sale amounting to ₹184 crore, reflects the company's ambitious roadmap in the competitive supply chain sector.Company Profile and Market Dominance Established in 1984, Skyways Air Services operates as a comprehensive multi-modal logistics provider, delivering...

Ceinsys Tech Reports Reduction in State Water and Sanitation Mission Orders, Maintains Healthy Order Book Ceinsys Tech Limited has received an update from the State Water and Sanitation Mission (SWSM), Government of Maharashtra, regarding work orders for its IoT deployment projects. SWSM informed the company that a portion of the pending orders have been cancelled due to the exhaustion of the sanctioned amount for IoT implementation under the allocated schemes in the MJP MVS Schemes.The project involves the appointment of System Integrators (SI's) for IoT Deployment, including Design, Implementation, and Maintenance with a Centralized IoT Platform for Jal Jeevan Mission Projects in the State of Maharashtra.The cancellation relates...

Bonus & Splits Erupt: Nearly 67 Stocks Brace for Corporate Actions as Dividends Flood Markets Nearly 67 companies, including NBCC, MCX India, Paras Defence, and NALCO, have fixed their record dates for various corporate actions this week. Investors who hold shares in these listed entities must ensure their demat accounts are ready on the respective record date to be eligible for dividends, stock splits, or bonus issues.The action calendar is varied, featuring final dividend payouts alongside complex equity structure changes like rights offers and stock consolidation. While the list remains tentative, this concentrated period of corporate actions provides a significant event watch for the market.Major Dividend Payouts Across Sectors...

BOSGAME Enters India Through Strategic Partnership with Kaynes Technology Kaynes Technology India Limited and BOSGAME announced the signing of a strategic Memorandum of Understanding (MoU), marking a significant move to establish and expand BOSGAME's presence in the Indian market. This collaboration combines BOSGAME's intelligent computing portfolio with Kaynes Technology's robust capabilities in engineering, integrated manufacturing, and market execution.The partnership aims to create a strong foundation for introducing BOSGAME products into the Indian market, developing necessary market channels, and building a locally supported customer ecosystem. The collaboration will also explore opportunities for product localization, value...

IRB InvIT Fund Board Meeting Scheduled as Investment Manager Considers New Fund Raising Strategy IRB Infrastructure Private Limited, acting as the Investment Manager for the IRB InvIT Fund, has scheduled a board meeting to address potential fund raising activities for the trust.The board of directors is set to convene on Wednesday, August 26, 2026. The primary agenda item for the meeting includes reviewing and approving methods for raising funds. This may involve issuing units, non-convertible debentures/securities (NCDs), or other debt instruments permitted under relevant regulations. The meeting will also cover the issue of notices to unitholders regarding the proposed fund raise, where applicable.In addition to the board meeting...

Manav Infra Projects Sets Book Closure Dates for 17th Annual General Meeting Manav Infra Projects Limited has announced the key operational dates related to its forthcoming 17th Annual General Meeting (AGM). The company confirmed the cut-off date and the period during which the register of members and share transfer books will remain closed for the AGM.The cut-off date set for the purpose of the 17th Annual General Meeting is Friday, September 04, 2026.For the smooth conduct of the meeting, the company confirmed that its Register of Members and Share Transfer Books will be closed from Friday, September 04, 2026, to Friday, September 11, 2026.The 17th Annual General Meeting is scheduled to take place on Friday, September 11, 2026...

Nyssa Corporation Announces Board Meeting to Consider Sale of Stake in Proprietorship Firm Nyssa Corporation Ltd has scheduled a meeting of its Board of Directors to address the potential sale of its stake in a proprietorship firm.The Board Meeting is slated for Thursday, August 27, 2026. The primary objective of the meeting is to consider and, if deemed appropriate, approve the sale of the company’s stake held in the proprietorship firm.Stock Price Movement Nyssa Corporation Ltd shares settled at ₹2.24 on Friday, ticking up 1.82% in after-hours trading. The stock moved throughout the session, finding support around a low of ₹2.22 and reaching an intraday high of ₹2.35.

Eyantra Ventures Announces Board Meeting to Approve Quarterly Financial Results Eyantra Ventures Ltd has scheduled its Board of Directors meeting to address and approve the Consolidated Un-audited Financial Results for the quarter ending June 30, 2026. The board is set to convene on Thursday, August 27, 2026.The company confirmed that the purpose of the meeting includes considering and approving these key financial results for the specified period.In connection with the announcement, Eyantra Ventures also provided details regarding market trading activities. The trading window will remain closed until 48 hours following the declaration of the Consolidated Un-audited Financial Results for the quarter ended June 30, 2026. Accordingly...

Grasim Industries Limited Appoints Deloitte Haskins & Sells as Joint Statutory Auditor for Five Years Grasim Industries Limited has appointed M/s Deloitte Haskins & Sells Chartered Accountants LLP as one of its Joint Statutory Auditors. The appointment was made following shareholder approval at the company’s 79th Annual General Meeting (AGM), which was held on Friday, August 21, 2026.The appointment grants Deloitte Haskins & Sells a first term lasting five consecutive years. The tenure begins from the conclusion of the 79th AGM and is set to continue until the conclusion of the 84th AGM of Grasim Industries Limited, which is scheduled for Fiscal Year (FY) 2030-31.Key details regarding the appointment are as follows...

Priti International Announces 9th Annual General Meeting and Board Approvals Priti International Limited's Board of Directors held a meeting on August 23, 2026, during which it approved key corporate matters and announced the schedule for the company's Ninth Annual General Meeting (AGM). The meeting commenced at 12:00 P.M. and concluded at 1:00 P.M.During the board meeting, the directors accorded approval to the Report of Directors and the Annual Report of the Company for the Financial Year ended March 31, 2026. Additionally, the Board approved the dispatch of the Notice for the AGM through electronic mode.AGM Details and Key Appointments The Ninth Annual General Meeting is scheduled to be held on Wednesday, September 16, 2026, at...

Bombay Dyeing Receives GST Demand Notice Over Flat Sales Charges and Input Tax Credit Reversal The Bombay Dyeing & Manufacturing Company Limited has received a Demand-cum-Show Cause Notice (SCN) from the Assistant Commissioner of State Tax regarding tax liabilities related to infrastructure charges and input tax credit reversal concerning flat sales.The notice, received by the company on August 21, 2026, pertains to GST demand under Section 74 of the CGST Act & MGST 2017 for the Financial Year 2020-21. The dispute involves infrastructure charges received during the sale of flats and interest calculations related to the late reversal of input tax credit subsequent to the issuance of Occupation Certificates.The SCN raised by the GST...

Diamond Power Infrastructure Limited Secures ₹52.86 Crore Order for Cable Supply in Hyderabad Data Centre Project Diamond Power Infrastructure Limited (DICABS) has received a Letter of Intent (LOI) from Aurionpro Solutions Limited for the supply of HT and LT electrical cables destined for a hyperscale data centre campus in Hyderabad. The contract, valued at approximately ₹52.86 crore including GST, covers the HYD-20 package of the campus, where Aurionpro is the appointed EPC contractor.The order signifies a significant contract win for DICABS in the rapidly expanding infrastructure sector. Supplies under the LOI are scheduled to commence immediately and will proceed on a staggered basis aligned with the site’s construction programme...

Donear Industries Recommends Dividend of Rs. 0.20 Per Share; TDS Obligations Detailed Under New Tax Provisions Donear Industries Limited has recommended a final dividend for its shareholders, setting forth the applicable tax deductions and procedural requirements under the new provisions of the Income-tax Act, 2025 (as amended by Finance Act, 2026). The Board of Directors had approved the recommendation during a meeting held on May 30, 2026.The recommended final dividend stands at Rs. 0.20 per equity share, which represents 10% of the face value of Rs. 2/- for the Financial Year 2025-26.Tax Deduction at Source (TDS) on Dividend As stipulated by the Income-tax Act, 2025, dividend distributed by a company is taxable in the hands of...

JSW Infrastructure Limited Executes Share Purchase Agreement for 100% Stake in JSW Overseas FZE JSW Infrastructure Limited has executed a Share Purchase Agreement (SPA) aimed at acquiring the entirety of the share capital of JSW Overseas FZE. The transaction involves JSW Infrastructure, JSW Terminal (Middle East) FZE, and JSW Overseas FZE.The company confirmed that it signed the SPA with JSW Terminal and JSW Overseas to acquire 100% of the shares held by JSW Terminal in JSW Overseas from JSW Overseas FZE.JSW Infrastructure noted that the acquisition is conditional upon receiving all necessary approvals from relevant authorities under the applicable laws of India and the UAE.The transaction carries strategic importance for the...

USFDA Grants Approval for Contract Manufacturing Line 3 at Jubilant Pharmova Subsidiary in U.S.A. Jubilant Pharmova Limited has announced that the U.S. Food and Drug Administration (USFDA) has granted approval for commercial batch manufacturing of its first product on Line 3 of the contract manufacturing facility located in Spokane, Washington, U.S.A.The approval pertains to the new Isolator based fill and finish line at Jubilant HollisterStier LLC's facility. This facility is part of a corporate structure where Jubilant HollisterStier LLC is a subsidiary of Jubilant Pharma Holding Inc., which in turn is a subsidiary of Jubilant Pharmova Limited, Singapore, a wholly owned entity of the parent company.Jubilant HollisterStier operates...

Reliance Communications Releases Unaudited Financial Results Amid Ongoing Insolvency Proceedings Reliance Communications Limited has released its unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were approved by management at a meeting held on August 13, 2026, which was chaired by the Resolution Professional (RP).The company continues to operate under Corporate Insolvency Resolution Process (CIRP), with affairs and assets being managed by the RP, Anish Niranjan Nanavaty.Financial Highlights for Q2 FY26 The standalone results showed Total Income of 59 crore, resulting in a Profit/Loss before Tax of 274 crore and a Profit/Loss after Tax of 274 crore for the quarter. The company...

Konstelec Engineers Secures ₹48.87 Crore Contract for Data Centre Infrastructure from CtrlS Datacenters Limited Konstelec Engineers Limited, a specialist in Electrical, Instrumentation, and Automation solutions, has secured a significant contract valued at ₹48.87 Crores (excluding applicable taxes) from CtrlS Datacenters Limited. This mandate involves the execution of comprehensive Mechanical, Electrical, and Plumbing (MEP) infrastructure works at CtrlS' Hyderabad Data Centre facilities.The awarded project encompasses the supply, installation, testing, commissioning, and handover of various mission-critical systems across the designated facility floors at both Chandanvelly and Pharma City campuses. The scope includes Electrical, HVAC...

NCLT Rules Resolution Plan as Non-implementable for RCIL; Directs CoC Meeting The National Company Law Tribunal (NCLT) has ruled that the approved Resolution Plan for Reliance Communications Infrastructure Limited (RCIL), a subsidiary of Reliance Communications Limited, is currently non-implementable in its present form. The tribunal directed the erstwhile Resolution Professional to convene a meeting of the Committee of Creditors (CoC) within 30 days to determine a future course of action.The NCLT's order, dated August 21, 2026, addressed applications related to the implementation of the plan approved previously on December 19, 2023. The decision highlighted critical shortfalls concerning mandatory payments owed to Dissenting...

DHARAN INFRA-EPC LIMITED Reports Non-submission of Information Sought by SEBI from Directors and KMP DHARAN INFRA-EPC LIMITED (formerly known as KilC Global Limited) has informed stakeholders regarding the ongoing investigation by the Securities and Exchange Board of India (SEBI). The company stated that despite repeated summons and reminders issued, certain critical information remains unsubmitted.The status update addresses the pending matter concerning SEBI's inquiry into the company. DHARAN INFRA-EPC LIMITED reported that the Suspended Directors, Key Managerial Personnel (KMP), and the Statutory Auditor have failed to furnish the requisite information, records, and data requested by SEBI within the stipulated timelines.This...

Konstelec Engineers Limited Secures ₹48.87 Crore Contract from CtrlS Data centers Limited Konstelec Engineers Limited has received a Letter of Award (LOA) for a major contract valued at ₹ 48.87 Crore, excluding GST. The assignment comes from CtrlS Data centers Limited.The LOA covers the comprehensive scope of work required at Hyderabad DCs (Chandanvalley & Pharmacity). Konstelec Engineers Limited is contracted to handle the Supply, Loading, Unloading, Lifting, Shifting, Handling, Installation, Testing (L1, L2, L3, L4 & L5), Commissioning and Handover.The services encompass Electrical, HVAC, IBMS, BMS, Maxcool, CCTV, FPS and PHE Works for one floor, including necessary Interface Coordination at the specified data centers. The...