Markets

SEBI Directs Account Release for Chandrima Mercantiles After Depositing Recovery Amount in Price Manipulation Case SEBI Order Addresses Compliance in Quasar India Limited Scrip Case The Securities and Exchange Board of India (SEBI) has issued a critical compliance order regarding the attachment proceedings against M/s Chandrima Mercantiles Limited. The order, dated August 25, 2026, pertains to Recovery Certificate No. 9155 of 2026, which relates to price and volume manipulation in the scrip of Quasar India Limited.The recovery proceedings named M/s Chandrima Mercantiles Limited alongside numerous associated individuals as "Defaulters." These defendants include Mr. Pranav Kamleshkumar Trivedi, Mr. Nayan Mahendrabhai Thakkar, and 15...

EMS Limited Approves Dividend Record Date and AGM Details; Re-appoints Cost Auditors EMS Limited announced several key outcomes following its recent Board meeting, including the fixation of the record date for the payment of a final dividend and the scheduling of the 16th Annual General Meeting (AGM). The Board also approved the re-appointment of M/s Jatin Sharma & Co. as the Cost Auditors for the Financial Year (FY) 2026-27.The Board had earlier recommended a final dividend of ₹ 1.50 per equity share for the financial year ended March 31, 2026, which was based on the share's face value of ₹ 10.To determine the entitlement of members to receive this dividend, the Company fixed Saturday, September 19, 2026, as the record date. If the...

Finkurve Financial Services Sets Record Dates for Non-Convertible Debenture (NCD) Interest Payments Finkurve Financial Services Limited has established the record dates for the upcoming interest payments pertaining to its Non-Convertible Debentures (NCDs). The company provided details regarding the schedule for various interest payments, which are scheduled to take place throughout September and October 2026.The interest payment schedules vary based on the type and frequency of the respective NCDs. The details, including the payment frequency, record dates, and due dates for interest, are summarized below:ISINScrip CodeFrequency of PaymentRecord DateDue Date of Interest PaymentINE734I07115977877Quarterly01-Sep-2026 (Close...

ARSS Infrastructure Wins Major Railway Road Over Bridge Contract valued at Rs 104 Crore ARSS Infrastructure Projects Limited has secured a significant work order from the East Coast Railway (ECoR) for the construction of multiple road over bridges (ROB) along the Howrah-Visakhapatnam Main Line. The contract, which was received by the company on August 24, 2026, carries a commercial consideration of Rs 104,05,87,119.03.The scope of work involves two main projects concerning the construction of road over bridges, each spanning different sections of the railway line.The first project involves the construction of a Road Over Bridge for the Railway portion in lieu of LC No. 152. This bridge is situated between New Garh Madhapur (NGMP)...

TrucksUp Solutions Secures ₹78.26 Crore in Growth Financing Round to Boost Technology Infrastructure TrucksUp Solutions Private Limited, a subsidiary of Ritco Logistics Limited, has successfully closed a growth financing round, securing an aggregate funding of ₹78.26 Crore. The capital infusion, which took place on August 25, 2026, comes from a syndicate of marquee institutional investors and leading family offices.The financing round demonstrated strong commitment from the company's leadership. The co-founders of TrucksUp, Mr. Sarthak Shah Elwadhi and Mr. Aviraj Singh Chadha, personally co-invested in the round, highlighting their long-term equity dedication to the enterprise's trajectory. Monarch Networth Capital Limited served as...

Telephone Cables Ltd Holds 5th Committee of Creditors Meeting The Committee of Creditors (CoC) of Telephone Cables Ltd convened its 5th meeting on May 19, 2026. The meeting focused on reviewing key operational and procedural aspects related to the ongoing resolution process.Key agenda items deliberated during the 5th CoC meeting included reviewing the minutes of the 4th CoC Meeting and the results of the e-voting conducted at that time.A significant portion of the meeting agenda was dedicated to discussing the requests received from Prospective Resolution Applicants. The CoC deliberated upon requests for the extension of the timeline for submitting Resolution Plans. The meeting also considered the approval for extending the due date...

Silky Overseas Limited Announces 10th AGM, Makes FY2025-26 Annual Report Available Silky Overseas Limited has announced the availability of its Annual Report for the Financial Year 2025-26 and provided key details regarding the upcoming 10th Annual General Meeting (AGM). The company made the report accessible to shareholders whose email addresses were not registered with the company or the Registrar and Transfer Agent (RTA).The Annual Report for FY 2025-26 is available on the company’s website, https://www.riandecor.com/, and on the Stock Exchanges where the equity shares are listed, including NSE Limited at https://www.nseindia.com/.The company also provided a detailed schedule for the AGM and associated voting periods.AGM and...

Vibhor Steel Tubes Subsidiary Acquires Land for Strategic Expansion in Haryana Vibhor Steel Tubes Limited, through its wholly owned subsidiary, Viyom Steel Infra Private Limited, has entered into an agreement to acquire land in Hisar, Haryana. This acquisition is set to support the company's strategic expansion into infrastructure-related manufacturing activities.The land, measuring 14.2125 acres, is located in Kalwas, District Hisar, Haryana. The purchase was made from Mukesh S/o Subhash Chander.The transaction involves the purchase of the land for the establishment of a commercial manufacturing facility. Key details of the land acquisition are summarized below:DetailParticularsAcquirerViyom Steel Infra Private Limited...

The House of Abhinandan Lodha and NITCO Partner for Premium Mixed-Use Development in Alibaug The House of Abhinandan Lodha Estate Holdings Pvt Ltd. (HoABL) has entered into a joint venture (JV) with NITCO Limited for the development of a premium mixed-use project in Alibaug, Raigad. HoABL, through its wholly owned subsidiary HoABL Impactum Land Pvt. Ltd., and NITCO, through its wholly owned subsidiary NITCO Realties Pvt. Ltd., along with promoter Vivek Talwar, have signed a Memorandum of Understanding for the land parcels located at Thal and Lonare.The joint venture aims to develop a high-end residential and hospitality destination covering over 40 acres. The proposed project includes luxury apartments and townhouses, intended to...

<h1>Sellowrap Industries Announces 22nd Annual General Meeting and Record Date</h1>Sellowrap Industries Limited, formerly known as Sellowrap Industries Private Limited, has scheduled the 22nd Annual General Meeting (AGM) for its members.The AGM is set to take place on Saturday, 19th September 2026, beginning at 11:00 A.M. (IST).For shareholders seeking to exercise voting rights and attend the Annual General Meeting, the company has designated the Record Date as 12th September 2026.SELLOWRAP Stock Price Movement Sellowrap Industries Limited settled today at ₹67.5, posting a flat performance of 0.00% in trading. The stock price remained entirely stable throughout the session.

Innomet Advanced Materials Limited Receives Purchase Order for $345,291.40 from ADVANTAGE METAL POWDERS, INC. Innomet Advanced Materials Limited has received a Purchase Order from ADVANTAGE METAL POWDERS, INC., a company based in the USA. The order, received on August 24, 2026, has a total commercial consideration of $345,291.40, equivalent to Rs. 3,29,44,252.00.The transaction represents the bagging or receiving of a contract, categorized as an ordinary course of business. The Purchase Order, dated August 18, 2026, is for the supply of COPPER -140#.Innomet Advanced Materials Limited confirmed that the counterparty, ADVANTAGE METAL POWDERS, INC., is an international entity and is not an Indian listed entity. The receipt of this...

Vivid Electromech Secures Multiple Orders Valued at Rs. 52.81 Crores (Approx) Vivid Electromech Limited has received significant order confirmations totaling Rs. 52.81 crores (Approx) Excluding Taxes from three different companies. These orders cover the supply of various electrical panels and switchgear for upcoming projects in the solar energy and waste water management sectors.The company has secured a Letter of Award (LOA) from Cosmic PV Power Limited. This order is for the supply of LT Panels and HT Panels intended for Cosmic PV Power Limited’s Solar Cell Manufacturing Plant. The stipulated period for completing this supply is a maximum of four to nine months from the date of the LOA issuance.Additionally, Vivid Electromech has...

United Breweries Expands Heineken® Silver into Kerala, Odisha, and Madhya Pradesh United Breweries Limited (UBL), part of the HEINEKEN Company, has announced the expansion of its premium product, Heineken® Silver, into the states of Kerala, Odisha, and Madhya Pradesh, effective August 25, 2026. This move is part of the company's strategy to strengthen its premium portfolio amidst growing consumer demand for high-quality and distinctive beer experiences across India.The product details for the launch are as follows:ParticularsDescriptionName of the ProductHeineken ® SilverDate of LaunchAugust 25, 2026Category of the ProductPremium Mild Lager BeerMarket FocusDomestic marketHeineken® Silver is positioned as a premium...

Yancoal Surge into Coal Dominance: CCI Approves Acquisition of Kestrel Coal Group's Stake The Competition Commission of India (CCI) has granted approval for a significant corporate transaction involving major players in the coal sector. The approval permits Yancoal Australia Limited to acquire a 100% stake in Kestrel Coal Group Pty Ltd.This proposed combination involves the acquisition of the entire equity interest and warrants held by Yancoal Australia Limited from several specified sellers, including EMR Capital Advisors Pty Ltd. and Adaro Capital Limited. The approval marks a strategic expansion within the thermal and metallurgical coal markets globally.Key Details of the Strategic Acquisition The target entity in this...

Biopol Chemicals Approves Annual General Meeting Details, Appoints New Auditors and Directors Biopol Chemicals Limited, formerly known as Biopol Chemicals Private Limited, held a Board Meeting on Tuesday, August 25, 2026. The board considered and approved several key matters, including the adoption of the Notice for the Third Annual General Meeting and the appointment of statutory and secretarial auditors for the financial year 2026-2027.The board meeting also approved the Notice of the Third Annual General Meeting and the Annual Report for the Financial Year 2025-2026. The company’s Third Annual General Meeting is scheduled to be held on Tuesday, September 22, 2026, at 02:00 P.M. IST through Video Conferencing and other Audio-Visual...

Government Entity to Sell Up to 5.8 Crore Shares of Hindustan Copper Limited in Offer for Sale The President of India, acting through the Ministry of Mines, Government of India, has proposed an Offer for Sale (OFS) of equity shares of Hindustan Copper Limited. The entity decided to exercise the Oversubscription Option, resulting in a maximum offer size of 5,80,21,442 equity shares, representing 6.00% of the total paid-up equity share capital of the Company.The Offer for Sale is being conducted through the stock exchange mechanism. The initial proposal included a Base Offer Size of up to 2,90,10,721 equity shares, which represents 3.00% of the total paid-up equity share capital. The proposed Oversubscription Option, also set at...

HMA Agro Industries Schedules 18th AGM, Outlining Key Dates for Book Closure and E-Voting HMA Agro Industries Limited, a recognized Five Star Export House by the Government of India, has announced the schedule for its 18th Annual General Meeting (AGM). The company provided detailed timelines regarding the book closure period and the e-voting process for the AGM, which is slated for September 2026.The 18th AGM is scheduled to be held on Friday, September 18, 2026, at 03:30 PM. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (OAVM).A key component of the announcement revolves around the book closure and e-voting process for the financial year 2025-26. Shareholders were provided specific timelines...

MV Electrosystems Limited Announces Q1 Results, Appoints Auditors, and Sets Date for 17th AGM MV Electrosystems Limited held its Board of Directors meeting on August 25, 2026, where it considered and approved the un-audited financial results for the quarter ending June 30, 2026. The company also finalized the appointment of its Secretarial and Internal Auditors for the upcoming financial year and announced the date for its 17th Annual General Meeting (AGM).Financial Performance for the Quarter Ended June 30, 2026 The company’s un-audited financial results for the quarter ended June 30, 2026, were reviewed and recommended by the Audit Committee and subsequently approved by the Board. The results showed a loss for the quarter, while the...

IRFC Board Reappoints Pradeep Ahlawat and Manjula Mishra as Additional Directors The Board of Directors of Indian Railway Finance Corporation Limited has reappointed two individuals, Shri Pradeep Ahlawat and Ms. Manjula Mishra, for their roles as Additional Directors designated as Non-official Independent Director.The reaffirmation was made by the Board of Directors during its meeting held on August 25, 2026.Shri Pradeep Ahlawat (DIN: 05248787) and Ms. Manjula Mishra (DIN: 02195403) were initially appointed as Additional Directors as of August 20, 2026. The Board meeting, which commenced at 05:00 p.m. and concluded at 05:15 p.m., confirmed the reappointment of both individuals.The reappointed Additional Directors are set to hold...

Silky Overseas Limited to Hold 10th AGM, Seeking Re-appointment of MD and Appointment of Two New Independent Directors Silky Overseas Limited has announced the convening of its 10th Annual General Meeting (AGM) and provided key details regarding the meeting, shareholder voting process, and nominations for the Board. The AGM is scheduled for Monday, September 21, 2026, and will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) at its premises in Sonipat, Haryana.The notice outlines the business to be transacted at the AGM, including the consideration of the financial statements and reports for the year ended March 31, 2026. A key agenda item is the re-appointment of Mr. Sawar Mal Goyal, who retires by...