Markets

Master Components Limited Appoints Kirthane & Pandit LLP as Statutory Auditor Master Components Limited has appointed M/s Kirthane & Pandit LLP as its Statutory Auditor. The decision was made during a meeting held on August 26, 2026, to address a casual vacancy that arose following the resignation of the company's previous statutory auditor.The appointment of M/s Kirthane & Pandit LLP, who hold the FRN 105215W/W100057, is effective from August 26, 2026, and will remain in place until the conclusion of the ensuing Annual General Meeting.As per the company’s records, M/s Kirthane & Pandit LLP is a professionally managed firm with several decades of experience in audit, risk management, and tax consulting. The firm holds a valid peer...

Companies Announce General Meetings and Issue Public Notices Multiple companies provided updates regarding their upcoming Annual General Meetings (AGMs) and issued public notices concerning shareholder services and property matters.AGM Announcements and E-Voting Details Lorenzini Appareals Limited (LAL) Lorenzini Appareals Limited announced the 19th Annual General Meeting (AGM) of its members, scheduled for Friday, September 18, 2026, at 04:00 P.M. (IST). The meeting will be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). Members were provided the facility to cast their votes electronically (remote e-voting) via CDSL. Key dates for the AGM and e-voting include:MilestoneDate/TimeCut-off Date for Voting...

Ducon Infratechnologies Corrects Rights Issue Details, Confirms 10:13 Entitlement Ratio Ducon Infratechnologies Ltd. has issued a corrigendum regarding the outcome of its Board Meeting held on August 19, 2026, clarifying a clerical error in the details of its Rights Issue. The company confirmed the specific terms and figures related to the rights offering, which is open to eligible equity shareholders.The corrigendum addresses a minor typographical mistake in the previously stated figures pertaining to the Rights Issue. The company has officially placed on record the corrected details concerning the number of Rights Equity Shares offered, the aggregate issue size, and the post-issue outstanding share capital.As per the rectified...

Kreon Finnancial Services Reports Strong Performance at AGM, Extends ₹357.61 Crores in Credit in FY 2025-26 Kreon Finnancial Services Limited, an AI-powered technology-led Non-Banking Financial Company (NBFC) operating a proprietary digital lending platform, held its 32nd Annual General Meeting on August 26, 2026.At the meeting, the company provided a performance overview for the financial year 2025-26 and detailed its strategic roadmap for future growth.FY 2025-26 Financial Highlights The company achieved significant operational metrics during the period, characterized by robust credit extension and high customer engagement.MetricFigureCredit Extended₹357.61 croresNumber of Loans Disbursed18.9 lakhsNew Users...

Yasons Chemex Care Limited Appoints New Internal Auditor and Schedules 9th Annual General Meeting Yasons Chemex Care Limited, a manufacturer of perfumes, deodorants, and dyestuffs, announced several key decisions approved by its Board of Directors on Wednesday, August 26, 2026. The Board meeting addressed the appointment of a new internal auditor and the scheduling of the company's 9th Annual General Meeting (AGM).The company appointed M/s N. H. Desai & Co., Chartered Accountants, as the Internal Auditor for the Financial Year ending March 31, 2027. This appointment was made in terms of the recommendation from the Audit Committee.Details regarding the appointment of M/s N. H. Desai & Co. are provided below:DetailInformation...

HAL and Safran Helicopter Engines Ink Contract for Aravalli Engine Development Hindustan Aeronautics Limited (HAL) and Safran Helicopter Engines have finalized a contract with SAHAL Helicopter Engines Pvt. Ltd. (SAFHAL) to commence the design, development, manufacture, supply, and lifecycle support of the "Aravalli" engine. This new-generation high-power helicopter engine, designated for the 3,500 to 4,000 shp power class, is slated to power HAL's upcoming 13-ton Indian Multi-Role Helicopter (IMRH) and its naval variant, the Deck-Based Multi-Role Helicopter (DBMRH).The partnership, which was formally announced, underscores a significant advancement in India's aerospace and defence ecosystem, symbolizing the nation's ambition for...

Baid Finserv Allots 72,04,099 Equity Shares Following Convertible Warrants Conversion Baid Finserv Limited has completed the allotment of 72,04,099 equity shares, following the conversion of convertible warrants. The allotment, approved by the Board of Directors, increased the company's issued and paid-up capital.The allotment involved the conversion of 72,04,099 convertible warrants into equity shares. These shares, which have a face value of Rs. 2/- each, were allotted at a premium of Rs. 13.10/- per share. The transaction was executed after the receipt of the balance subscription amount, which was Rs. 11.325/- per warrant (representing 75% of the warrant issue price).The capital structure of Baid Finserv Limited is updated as a...

Jeena Sikho Lifecare Launches Nine New Ayurvedic and Wellness Products Jeena Sikho Lifecare Limited has expanded its product portfolio with the introduction of nine new items into its Ayurvedic, healthcare, and wellness range. The new additions cater to domestic markets and include patches, as well as several new Arishta products.The newly launched products include a Headache Relief Patch, and eight specialized Arishtas, designed to meet specific health and wellness needs.The details of the nine products, all launched on August 26, 2026, are summarized below:Product NameCategoryMarket TypeHeadache Relief PatchPatchDomestic MarketHridya Amrit Arishta 500 MlAyurvedic Product/ LiquidDomestic MarketManobal Vardhak Arishta...

Shipping Corporation of India Land and Assets Receives Fines from Stock Exchanges Over Board Committee Non-Compliance The Shipping Corporation of India Land and Assets Limited (SCILAL) has received fines from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) for various instances of non-compliance regarding the composition and functioning of its statutory Board-level Committees during the quarter ended June 30, 2026.The fine levied by each stock exchange totals Rs. 13,36,940/- (which includes Rs. 11,33,000/- plus 18% GST). The non-compliance pertains to several regulations related to board structure and committee composition.A detailed breakdown of the non-compliance issues and the corresponding...

Zydus incorporates wholly owned subsidiary Zydus Global Treasury Centre in GIFT City Zydus Lifesciences Limited has incorporated a wholly owned subsidiary named Zydus Global Treasury Centre IFSC Limited, which is based in GIFT City, Gandhinagar, Gujarat. The incorporation took place on August 25, 2026.The newly formed entity, referred to as the GIFT City Company, is established to undertake the business of a Global and/or Regional Corporate Treasury Centre. The subsidiary is intended to carry out treasury activities and provide treasury services.The incorporation involves the 100% subscription to the paid-up share capital of the GIFT City Company, which was completed in cash.Key details regarding the new entity include...

Flipkart Minutes Surges Past Swiggy Instamart in Dark Store Footprint as Quick Commerce Shifts Focus to Tier 2 Cities Quick commerce is undergoing a significant shift, with the battle moving beyond metro cities and into smaller towns. A CLSA report highlights the rapid expansion of dark-store networks, indicating that while Blinkit maintains its lead in store count across India’s top 10 cities, Flipkart Minutes has successfully overtaken Swiggy Instamart in sheer physical footprint. This development underscores the aggressive strategy being pursued by major e-commerce players to capture the rapidly growing Tier 2 and Tier 3 markets.Dark Store Race: Blinkit Dominates While Flipkart Gains Ground According to CLSA’s mapping, Blinkit...

Satin Growth Alternatives Achieves First Close of Women-Led Category II AIF Satin Growth Alternatives Limited (SGAL), the youngest subsidiary of Satin Creditcare Network Limited (SCNL), has announced the First Close of its women-led Category II Alternative Investment Fund. This milestone was reached within four and a half months of the fund’s establishment, demonstrating strong investor confidence in the firm’s investment thesis and its commitment to impact and inclusion.The fund is strategically focused on supporting India's 'Missing Middle,' providing structured, quasi-debt and equity-linked capital to growth-stage businesses. SGAL aims to generate attractive risk-adjusted returns by offering credit-led downside protection while...

Master Components Limited Approves Share Capital Increase and Key Operational Changes at Board Meeting Master Components Limited held a Board Meeting on Wednesday, August 26, 2026, where the company considered and approved several significant operational and structural decisions.During the meeting, the company addressed several key corporate governance aspects. The Board noted the recommendations from the Audit Committee and the Nomination and Remuneration Committee. The Internal Audit Report for the quarter ending June 30, 2026, was noted. Furthermore, the resignation of the Statutory Auditors was noted, and the company appointed new Statutory Auditors to fill the casual vacancy.The Board also reviewed and approved the...

V Marc India Limited Board Meeting Approves Major Milestones, Signals SME Migration and Direct Listing V Marc India Limited held a Board of Directors meeting on August 26, 2026, which resulted in several key approvals regarding the company's transition, governance, and upcoming general meeting. The board meeting, conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM), approved the notice for the company's Thirteenth Annual General Meeting (AGM).The AGM is scheduled to take place on September 25, 2026, at 11:00 AM, and will also be conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). Additionally, the board approved the Draft Director's Report along with all annexures for the financial year ended on...

Krishna Defence and Allied Industries Wins DRISHTI Challenge for Indigenous Defence Component Krishna Defence and Allied Industries Limited (KDAL) has been declared a winner in the DRISHTI Challenge conducted by Yantra India Limited, a Government of India enterprise under the Ministry of Defence. The company was announced as the winner on August 25, 2026.The achievement involves the selection of KDAL for the development and indigenous manufacturing of a specialized defence component intended for the Armed Forces. This selection underscores the company's capabilities in specialized engineering and defence industry compliance.Following this designation, KDAL will undertake the necessary activities for the development, qualification...

NSE Imposes Fine of ₹12,04,780 on State Trading Corporation over Independent Director Shortage The State Trading Corporation of India Limited (STC) has received a notice from the National Stock Exchange of India (NSE) concerning non-compliance with listing regulations, leading to the imposition of a fine totaling ₹12,04,780.The fine relates to the non-compliance observed during the quarter ended June 30, 2026, specifically regarding the lack of a requisite number of Independent Directors on the company's Board.In response to the notice, STC has requested the Exchange to waive the fine, citing the company’s status as a Public Sector Undertaking. STC stated that the power to appoint Directors, including Independent Directors, falls...

<h1>Grasim Industries scores 'Strong' in ESG rating following independent assessment</h1>Grasim Industries Limited has received an ESG (Environmental, Social, and Governance) rating from ESG Risk Assessments & Insights Limited, following an independent assessment. The rating provided by the agency is a significant improvement compared to the previous year's score.The rating assigned by ESG Risk Assessments & Insights Limited for the company for Fiscal Year (FY) 2026 is '66 - Strong'. This marks an increase from the ESG score of 59 provided for FY 2025.The key ESG scores provided by the rating agency for Grasim Industries are summarized below:Fiscal YearESG ScoreRatingFY 202666StrongFY 202559N/AThe assessment was...

Anondita Medicare Limited receives In-Principle Approval from NSE for Rights Issue Anondita Medicare Limited has secured the In-Principle Approval from the National Stock Exchange of India Limited (NSE) for a proposed Rights Issue of its fully paid-up equity shares. This approval permits the company to proceed with the issuance and allotment of the equity shares on a rights basis, subject to applicable laws and regulatory requirements.The National Stock Exchange of India Limited granted the In-Principle Approval on August 25, 2026. The proposed Rights Issue involves fully paid-up equity shares, each having a face value of ₹10/-. The issue is aggregated up to ₹10,978.20 lakhs.The approval signifies that Anondita Medicare Limited is...

Jain Resource Recycling Converts Loan to Equity in Subsidiary Jain Ikon Global Ventures Jain Resource Recycling Limited (JRRL) has executed a Loan Conversion Agreement with its subsidiary, Jain Ikon Global Ventures FZC, to convert an outstanding loan into equity shares. The agreement, formalized on August 25, 2026, pertains to the total outstanding loan amount of AED 1,70,64,000.The transaction details specify that the loan, which was advanced by Jain Resource Recycling Limited to Jain Ikon, will be converted into 11,376 equity shares of Jain Ikon. The conversion is set at the face value of the existing equity shares, which is AED 1,500 each. Upon the completion of the conversion and allotment of the shares, the loan will be...

CRISIL assigns 'Adequate' ESG Rating to Vindhya Telelinks Limited Vindhya Telelinks Limited has received an ESG rating from Crisil ESG Ratings & Analytics Limited (CRISIL). CRISIL, a SEBI registered Category-1 ESG Ratings Provider, assigned a rating of 'CRISIL ESG 58' under the category 'Adequate' to the company.The rating was determined by CRISIL based on publicly available information pertaining to Vindhya Telelinks Limited for the Financial Year 2025-26. The company confirmed that it had not engaged CRISIL for the purpose of this specific ESG assessment.Vindhya Telelinks Limited received the ESG rating information on August 25, 2026. The rating is accessible on the CRISIL ESG ratings platform.VINDHYATEL Stock Price Movement...