Markets

Skipper Limited secures Rs 1,305 crore in new orders for domestic and international T&D projects Kolkata, August 27, 2026 – Skipper Limited, a prominent manufacturer of Power Transmission and Distribution structures and a major EPC player in 765 Kv transmission lines and substations, announced the securing of fresh new orders totaling Rs 1,305 crores. These orders cover both domestic and international T&D projects, underscoring the company's capabilities in power infrastructure.The newly secured business spans power T&D projects across Indian domestic and export markets. Key aspects of the new orders include the supply of transmission towers and monopoles for T&D projects in North America, as well as two 765 Kv transmission line...

Pennar Industries Provides Corporate Guarantee of Rs. 34 Crore for ZAP91 Solar India Private Limited Pennar Industries Ltd. has approved an additional corporate guarantee amounting to Rs. 34 crore in connection with the Non-Convertible Debentures (NCDs) issued by ZAP91 Solar India Private Limited. This guarantee involves pledging Pennar's additional shareholding in ZAP91, a joint venture of the company.The corporate guarantee is provided in favor of CTL Trusteeship Limited, which is the recipient of the Non-Convertible Debentures issued by ZAP91.Pennar Industries Ltd. approved the guarantee and the pledging of shares to support the debt obligations of ZAP91.Details concerning the guarantee and the associated parties are summarized...

Penalty Imposed on Birlasoft and KPIT Technologies Over Delay in Lodging NCLT Order Birlasoft Limited and KPIT Technologies Limited have received an adjudication order from the Collector of Stamps regarding a penalty imposed for the delay in lodging the National Company Law Tribunal (NCLT) Order. The penalty was levied due to a four-day delay in submitting the required documentation to the Stamp Authorities.The Collector of Stamps imposed a penalty of Rs. 1,23,14,040/- on both Birlasoft Limited and KPIT Technologies Limited. This action followed the receipt of the adjudication order on August 26, 2026. The penalty relates to a delay in lodging the NCLT Order, which concerns the Composite Scheme of Arrangement among the companies and...

SMS Pharmaceuticals Ltd Revises Schedule for 38th Annual General Meeting and Dividend Record Date SMS Pharmaceuticals Ltd has announced revisions to the schedule for its 38th Annual General Meeting (AGM), the corresponding Book Closure period, and the Record Date for determining members eligible to receive dividends for the financial year 2025-26.The Board of Directors of the company approved these changes due to administrative and scheduling constraints.The 38th Annual General Meeting, covering the financial year ended March 31, 2026, is now scheduled to be held on Tuesday, September 29, 2026. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).The company set Tuesday, September 22...

D-Link (India) Completes Tenure of Independent Director D-Link (India) Ltd has announced the completion of the tenure of Independent Director Ms. Madhu Vishal Gadodia. Ms. Gadodia ceased to be a Director of the Company upon completing her second term of five years on August 26, 2026.The departure marks the end of her tenure, during which she held the position of Independent Director.The key details regarding the change in directorship are summarized below:ParticularsDetailsName of the DirectorMs. Madhu Vishal GadodiaReason for ChangeMs. Madhu Vishal Gadodia completed the term of DirectorshipDate of CompletionAugust 26, 2026The completion of her directorship concluded Ms. Gadodia's service to D-Link (India) Ltd...

RBI VRRR Auction Settles Liquidity Rates at 5.24%: Banks Absorb Nearly ₹1,43 Crore in Overnight Repo Outcome of the Overnight Variable Rate Reverse Repo Auction The Reserve Bank of India (RBI) conducted an Overnight Variable Rate Reverse Repo (VRRR) auction on August 27, 2026, signaling continued efforts to manage liquidity within the banking system. The VRRR mechanism allows the RBI to absorb short-term funds from commercial banks and financial institutions. This auction aims to stabilize market expectations regarding overnight interest rates.The results of the drive show that participation was robust, with a significant portion of the notified amount being successfully absorbed by market participants. The successful conclusion of...

Committee Recommends Open Offer by Karronn Naresh Bajaj as Fair and Reasonable Mitshi India Limited, formerly known as Dera Paints & Chemical Limited, announced the recommendations of its Committee of Independent Directors (IDC) regarding the ongoing Open Offer. The IDC concluded that the offer, put forth by Mr. Karronn Naresh Bajaj, is fair and reasonable to the shareholders.The IDC reviewed the Open Offer in light of the Public Announcement dated July 23, 2026, the Detailed Public Statement dated July 30, 2026, and the Letter of Offer dated August 24, 2026.The Open Offer involves the acquisition of up to 22,88,000 fully paid up equity shares of Mitshi India Limited by Mr. Karronn Naresh Bajaj. These shares constitute 26% of the...

QMS Medical Allied Services Secures Five-Year Exclusive Distribution Agreement with Global Diagnostic Player HEINE Optotechnik QMS Medical Allied Services Limited, an integrated healthcare solutions company, has signed an exclusive five-year agreement with HEINE Optotechnik, a globally reputed provider of primary diagnostic instruments. This partnership is set to significantly boost QMS's product business through the establishment of pan-India distribution capabilities.The exclusive agreement dictates that QMS will serve as the sole distributor in India for HEINE for the next five years, beginning on January 1, 2027.Key Details of the Partnership The contract products include a comprehensive range spanning General Medicine and ENT...

<h1>Inter State Oil Carrier Ltd Affirms No Undisclosed Events Regarding Stock Price Movement</h1>Inter State Oil Carrier Ltd has provided clarification concerning the recent movements in the price of its equity shares, stating that the company has made all necessary disclosures regarding relevant events and information.The company clarified that there are no undisclosed events or impending announcements that could affect the price or volume behavior of its stock.In response to the query regarding the significant movement in the price of its equity shares, Inter State Oil Carrier Ltd stated that the company is not aware of any specific reason attributable to the company for the movement. The company maintained that the price...

Shree Securities Ltd to Hold Board Meeting to Discuss Share Capital Reduction and Investment Limits Shree Securities Ltd has announced the scheduled meeting of its Board of Directors. The meeting is set to take place on Wednesday, September 2, 2026, at the company's registered office in Kolkata. The board is scheduled to review several critical business matters, including the reduction of the company's share capital and the expansion of investment thresholds.The key agenda items for the Board of Directors meeting include the review and approval of the Board's Report, the Report on Corporate Governance, the Management Discussion and Analysis Report, and the Secretarial Audit Report for the fiscal year ending March 31, 2026.The...

Share India Securities Ltd: Non-Executive Independent Director Ceases Tenure Upon Reaching 75 Years Share India Securities Ltd announced that Mr. Shanti Kumar Jain has ceased to be a Non-Executive Independent Director of the company. The cessation is effective from August 27, 2026, after attaining the age of 75 years.Following the change in directorship, Mr. Jain has also ceased his membership of two key company committees.The senior director who held the position has concluded his tenure with Share India Securities Ltd.Details regarding the change in directorship, which occurred on August 27, 2026, are summarized below:ParticularsDetailsReason for changeCessation as a Non-Executive Independent Director upon attaining the...

Bhagyanagar India Approves Re-appointment of Managing Director and Sets Dates for 41st Annual General Meeting Bhagyanagar India Ltd., a company certified with ISO-9001-2008, held a Board meeting on August 27, 2026, during which several key operational and managerial decisions were approved. The Board confirmed the dates for the upcoming Annual General Meeting (AGM) and approved the re-appointment of a senior executive to the post of Managing Director.The Board formally approved the Notice for the 41st Annual General Meeting (AGM) of the company. The AGM is scheduled to be held on Wednesday, September 30, 2026, at 11:00 A.M. (IST). The company indicated that the notice, along with the Annual Report for the financial year 2025-26, will...

NSE and BSE Impose Fines on MOIL Limited Over Board Composition Non-Compliance MOIL Limited, a Government of India Enterprise, has faced penalties from major stock exchanges following non-compliance regarding the composition of its Board and associated committees. Both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) levied fines against the company.The penalties were issued after the company failed to comply with provisions concerning the composition of its Board and various Board Committees for the quarter ended 30 June, 2026. The fines were received by MOIL Limited on 25.08.2026.The financial penalties levied by the two exchanges are detailed below:AuthorityFine AmountViolation DetailsNSERs...

RateGain Recognized for Building Future-Ready Skills at People Matters Infini-T Awards India 2026 RateGain Travel Technologies Limited, a leader in AI-powered SaaS solutions for the travel and hospitality industry, has been recognized at the People Matters Infini-T Awards India 2026. The company received the award in the Skills Transformation (AI/Digital/Future Skills) category for its commitment to building an AI-native workforce and embedding AI capability into how its employees learn, work, and create value.The recognition highlights RateGain’s strategic approach to future-proofing its workforce. Instead of focusing merely on AI awareness and training, the award acknowledges the company’s efforts to empower employees to build...

Murugesh C Resigns from Senior Management Role at Page Industries Limited Page Industries Limited has confirmed the resignation of Murugesh C from the positions of Company Secretary and Compliance Officer. The resignation was accepted by the management, and the cessation of his duties was effective as of the close of business hours on August 26, 2026.Murugesh C submitted his resignation due to professional reasons. The management accepted the resignation, noting that his departure was intended to allow him to pursue another opportunity outside the organization.The details regarding Mr. Murugesh C's resignation and tenure are summarized below:DetailInformationRole Cessation Date26 August 2026Reason for ResignationTo pursue...

Creative Newtech and Drona Aviation Form Partnership to Expand Drone-Based STEM Learning in India Creative Newtech Limited has entered a strategic Distributor Agreement with Drona Aviation Private Limited, positioning Creative Newtech as the pan-India distribution partner for Drona Aviation's educational drone kits and related products. This collaboration aims to expand access to hands-on drone technology and STEM learning across the country.The partnership brings together Drona Aviation's education-focused drone technology with Creative Newtech's extensive distribution and market development capabilities. Creative Newtech will utilize its nationwide network to expand the availability of Drona Aviation's products to customers and...

Pritika Group Secures 25-Year Solar Power MOU, Targets ₹110 Crore Savings Pritika Engineering Components Limited, a key part of the Pritika Group of Industries, has secured a long-term renewable energy partnership, signing a Memorandum of Understanding (MoU) with Spark Grid Private Limited. This agreement covers the supply of solar power at a competitive rate over a period of 25 years, significantly strengthening the Group’s sustainability agenda.The long-term solar power arrangement is expected to deliver substantial cost efficiencies to the Pritika Group of Industries, estimating total savings of approximately ₹110 crore over the 25-year tenure.Strategic Benefits and Financial Breakdown The expected savings are distributed across...

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...