Executive Summary
Overnight filings (Sep 25-26) reveal a market dominated by routine AGM approvals and debt servicing disclosures, but with several high-impact exceptions. The most significant capital market event is Aditya Infotech's (CPPLUS) ₹1,500 crore QIP closure at a 4.97% discount, signaling strong institutional demand.
A major regulatory catalyst is Borosil Limited's positive anti-dumping duty recommendation from the DGTR, which could reshape its competitive landscape for five years. On the earnings front, Hy-Tech Engineers reported solid 13% YoY revenue growth but with margin compression, while Espire Hospitality posted a staggering 206% EBITDA surge. Governance concerns are evident with significant institutional dissent at Gateway Distriparks (17.47% against financials) and Yatharth Hospital (17.73% against ESOP scheme). A notable new entrant into defence manufacturing is Billwin Industries, which received a ToT certificate for submarine escape suits. The macro backdrop from the RBI bulletin shows robust 7.8% GDP growth but rising inflation at 4.8%, creating a mixed outlook for rate-sensitive sectors.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: Corporate governance · Debt securities · M&A · Insider trading · Corporate action
Tracking the trend? Catch up on the prior India Pre-Market Regulatory Roundup digest from September 18, 2026.
Investment Signals (11)
- Aditya Infotech (CPPLUS) (BULLISH)▲
Successfully raised ₹1,500 crore via QIP at ₹3,467/share (4.97% discount to floor price), indicating strong institutional appetite. The proceeds will likely fuel expansion in the security/surveillance market.
- Borosil Limited ↓ (BULLISH)▲
DGTR recommended a 5-year anti-dumping duty on Chinese borosilicate glassware, a major positive catalyst. As the sole domestic producer, Borosil stands to gain market share and pricing power. Final government notification is pending.
- Billwin Industries ↓ (BULLISH)▲
Received Transfer of Technology certificate from Ministry of Defence for manufacturing Hydro Suit (Submarine Escape Suit) for the Indian Navy, marking a significant entry into defence manufacturing.
- Espire Hospitality ↓ (BULLISH)▲
Reported record FY2025-26 results with EBITDA of ₹2,307.55 Lakh, a 206% increase YoY, signaling a strong operational turnaround in the hospitality sector.
- Hy-Tech Engineers ↓ (MIXED)▲
Q1 FY27 revenue grew 13% YoY to ₹430M and PAT grew 11% YoY to ₹46M, but EBITDA margin contracted to 19.6% from 21.5% due to input cost inflation. Management guided for 20% revenue growth and 25-30% PAT growth for FY27.
- Lloyds Engineering Works ↓ (BEARISH)▲
ESOP Pool increase saw 73.12% of public institutional votes cast against, indicating significant governance pushback despite all resolutions passing.
- Gateway Distriparks ↓ (BEARISH)▲
Resolution to adopt financial statements saw 17.47% dissent, and asset disposal resolution saw 24.48% dissent from public shareholders, reflecting strong governance concerns.
- Yatharth Hospital ↓ (BEARISH)▲
ESOP Scheme 2026 faced 83.85% opposition from public institutional shareholders, and material RPT saw 39.43% institutional opposition, indicating serious governance red flags.
- Khadim India ↓ (BULLISH)▲
Promoter Siddhartha Roy Burman received 2,27,273 warrants via preferential issue, potentially increasing his stake from 8.89% to 9.59% upon conversion within 18 months, signaling promoter confidence.
- Refex Renewables ↓ (NEUTRAL)▲
Acquired three wind power SPVs from promoter entity for ₹5.09 Cr, but all targets have nil turnover and one has negative net worth, suggesting early-stage portfolio building with execution risk.
- NaBFID (MIXED)▲
Received 'BBB+/Stable' rating from CareEdge Global for USD 750M notes, but gearing surged from 0.9x (FY24) to 3.1x (FY26), with expectations of 7-8x, indicating aggressive leverage build-up.
Risk Flags (9)
- Gateway Distriparks/Governance↓ [HIGH RISK]▼
17.47% shareholders voted against adoption of financial statements, and statutory auditors issued a modified opinion on FY2025-26 financials. This is a significant red flag for financial reporting quality.
- Yatharth Hospital/Governance↓ [HIGH RISK]▼
83.85% institutional opposition to ESOP Scheme 2026 and 39.43% opposition to material RPT indicate severe minority shareholder discontent. The ESOP grant to subsidiary employees is particularly contentious.
- Lloyds Engineering Works/Governance↓ [MEDIUM RISK]▼
73.12% of public institutional shareholders voted against ESOP Pool increase, showing strong opposition to equity dilution. This is the second consecutive filing highlighting this dissent.
- Hy-Tech Engineers/Margin Compression↓ [MEDIUM RISK]▼
EBITDA margin contracted 190 bps YoY to 19.6% despite revenue growth, driven by 28.5% increase in employee cost as a share of sales and input cost inflation. Recovery depends on OEM price revisions in Q2.
- Espire Hospitality/Data Integrity↓ [MEDIUM RISK]▼
Reported PAT figure of ₹81,240 Lakh appears to be a typographical error (likely ₹812.40 Lakh or similar), raising concerns about data accuracy in regulatory filings.
- NaBFID/Leverage Risk [MEDIUM RISK]▼
Gearing ratio surged from 0.9x (FY24) to 3.1x (FY26) and is expected to reach 7-8x over the medium term. While no NPAs reported, portfolio concentration (top 20 loans at 41% of advances) remains high.
- Refex Renewables/Execution Risk↓ [LOW RISK]▼
Acquired three SPVs with nil turnover and one with negative net worth of ₹96.22 Lakh. While this expands the wind portfolio, the assets are pre-operational with no revenue visibility.
- Physicswallah/Governance↓ [MEDIUM RISK]▼
20.508% of public institutional shareholders voted against adoption of new Articles of Association, and 14.707% opposed appointment of independent director, indicating governance concerns at the ed-tech firm.
- RBI Bulletin/Inflation Risk [MEDIUM RISK]▼
Headline inflation inched up to 4.8% in August 2026, driven by food and fuel components, while credit-deposit ratio rose above 80%, raising sustainability concerns for the banking sector.
Opportunities (8)
- Borosil/Anti-Dumping Duty↓ (OPPORTUNITY)◆
DGTR's final findings recommending 5-year anti-dumping duty on Chinese borosilicate glassware is a game-changer. As the sole domestic producer, Borosil can capture market share from Chinese imports. Final government notification is the key catalyst to watch.
- Billwin Industries/Defence Entry↓ (OPPORTUNITY)◆
Receiving ToT for submarine escape suits from Ministry of Defence opens a new revenue stream in defence manufacturing. With government focus on indigenization, this could lead to larger defence contracts.
- Hy-Tech Engineers/Growth Trajectory↓ (OPPORTUNITY)◆
Management guided for 20% revenue growth and 25-30% PAT growth for FY27, with EBITDA margins expected to improve to 24-25% as OEM price revisions take effect. Capacity doubling from 35 lakh to 70 lakh fittings over 3 years provides volume visibility.
- Espire Hospitality/Turnaround Play↓ (OPPORTUNITY)◆
Record EBITDA of ₹2,307.55 Lakh (206% YoY increase) with expansion plans for 15 new hotels in one year and 25 more in two years suggests a strong growth trajectory in the hospitality sector.
- Aditya Infotech/Institutional Endorsement↓ (OPPORTUNITY)◆
Successful ₹1,500 crore QIP closure despite 4.97% discount indicates strong institutional confidence in the company's growth story. The infusion will strengthen the balance sheet for expansion.
- Khadim India/Promoter Confidence↓ (OPPORTUNITY)◆
Promoter Siddhartha Roy Burman increasing stake from 8.89% to 9.59% via warrant conversion within 18 months signals confidence in the company's footwear business prospects.
- Supriya Lifescience/Dividend Yield↓ (OPPORTUNITY)◆
Declared final dividend of ₹1.00 per share (50% on face value of ₹2), offering a steady income stream. With 80,126 shareholders and strong promoter support, the stock may offer defensive characteristics.
- RBI Bulletin/Macro Tailwind (OPPORTUNITY)◆
Q1:2026-27 GDP growth of 7.8% and envisaged private corporate capex of ₹3.2 lakh crore for FY27 indicate a robust economic environment, benefiting cyclicals and infrastructure plays.
Sector Themes (6)
- Governance Pushback Intensifies◆
Multiple companies (Gateway Distriparks, Yatharth Hospital, Lloyds Engineering, Physicswallah) saw significant institutional dissent on resolutions related to ESOPs, RPTs, and director appointments. This suggests institutional investors are becoming more assertive on governance standards, particularly around equity dilution and related-party transactions.
- Defence Manufacturing Opening Up◆
Billwin Industries' ToT for submarine escape suits adds to the growing list of private sector entrants in defence manufacturing. This aligns with the government's indigenization push and could open a new high-growth vertical for small-cap industrials.
- Hospitality Sector Recovery◆
Espire Hospitality's 206% EBITDA growth signals a strong post-pandemic recovery in the hospitality sector. With expansion plans for 40 new hotels over three years, the sector appears to be in a capex cycle driven by rising domestic tourism and business travel.
- Infrastructure Financing Leveraging Up◆
NaBFID's gearing surge from 0.9x to 3.1x in two years, with expectations of 7-8x, reflects the aggressive infrastructure financing push. While this supports the government's capex agenda, it also raises leverage concerns for the sector's financial intermediaries.
- Anti-Dumping as Competitive Moat◆
Borosil's anti-dumping duty recommendation highlights how trade remedies can create significant competitive advantages for domestic manufacturers. This could be a catalyst for other import-competing industries seeking similar protections.
- QIP Activity Signals Institutional Appetite◆
Aditya Infotech's ₹1,500 crore QIP at a narrow 4.97% discount demonstrates strong institutional demand for quality issuances. This could pave the way for more QIPs from well-performing mid-cap companies.
Watch List (8)
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Watch for final government notification on anti-dumping duty. If imposed, it could significantly boost market share and pricing power for the sole domestic producer. [Catalyst: Government Notification]
- Aditya Infotech (CPPLUS)👁
Monitor deployment of ₹1,500 crore QIP proceeds and subsequent quarterly performance. The large institutional placement suggests potential for accelerated growth. [Catalyst: QIP Proceeds Deployment]
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With 17.47% dissent on financial statements and a modified audit opinion, watch for any follow-up clarification or governance changes. The next earnings call will be critical. [Catalyst: Q2 FY27 Results]
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High institutional dissent (83.85% against ESOP scheme) may lead to activist investor engagement or management clarification. Watch for any revisions to the ESOP plan. [Catalyst: Investor Feedback]
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Q2 FY27 results will be key to see if OEM price revisions materialize and EBITDA margins recover to guided 24-25% levels. The US subsidiary setup also bears watching. [Catalyst: Q2 FY27 Results - Late Oct 2026]
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Monitor for further defence contracts or orders following the ToT for submarine escape suits. This could be the first of many defence manufacturing wins. [Catalyst: Defence Order Wins]
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Board meeting scheduled for October 14, 2026 to consider Q2 FY27 results. Trading window closes from October 1. Watch for NIM trends and asset quality in the NBFC space. [Catalyst: Q2 FY27 Results - Oct 14]
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Trading window closes from October 1 ahead of Q2 FY27 results. As a telecom player, watch for ARPU trends and subscriber addition metrics. [Catalyst: Q2 FY27 Results]
Filing Analyses
(50)
25-09-2026
Afcom Holdings Limited has informed BSE that shareholders approved an alteration to the Memorandum of Association (MOA) at the 13th Annual General Meeting held on September 25, 2026. The change substitutes Clause V to reflect the company's authorized share capital of ₹40,00,00,000 (₹40 Crore), divided into 4,00,00,000 equity shares of ₹10 each. No financial performance data or period-over-period comparisons were provided in this filing.
- · The 13th Annual General Meeting commenced at 03:30 PM and concluded at 04:30 PM on September 25, 2026.
- · The alteration substitutes the existing Clause V in the MOA regarding authorized share capital.
- · Each equity share has a face value of ₹10.
25-09-2026
Lloyds Engineering Works Limited announced that all four resolutions proposed via Postal Ballot dated August 6, 2026, were passed by shareholders with the requisite majority on September 25, 2026. The resolutions included approval of material related party transaction limits between Lloyds Metals and Energy Limited (LMEL) and two material subsidiaries (Techno Industries Private Limited and Metalfab Hightech Private Limited), variation in the objects of the Rights Issue, and an increase in the ESOP Pool under the 2021 scheme. While the first three resolutions received near-unanimous support (over 99.9% votes in favour), the ESOP Pool increase saw notable dissent from public institutional shareholders, with 73.12% of their votes cast against the resolution.
- · Record date for the Postal Ballot was August 21, 2026.
- · Total shares held on record date: 1,477,271,276.
- · Promoter group held 620,410,542 shares and voted 100% in favour of Resolutions 3 and 4 via e-voting.
- · For Resolution 4, public institutional shareholders voted 73.12% against (19,506,667 votes against vs 7,170,818 in favour).
- · Overall voter turnout for Resolution 4 was 62.79% of total shares.
- · The Scrutinizer's report was submitted by Harshvardhan Tarkas, Practicing Company Secretary.
25-09-2026
Borosil Limited announced that the DGTR has issued final findings recommending a five-year anti-dumping duty on imports of borosilicate table and kitchen glassware from China PR, following the company's application as the sole domestic producer. The DGTR found positive and significant dumping margins and concluded that dumped imports have materially retarded the establishment of the domestic industry. While this is a positive development for Borosil, the final notification imposing the duty is still pending from the Central Government.
- · The DGTR final findings were dated September 24, 2026, and received by the company on September 25, 2026.
- · The anti-dumping duty is recommended for a period of five years from the date of the Central Government's notification.
- · The lesser-duty rule was applied in the recommendation.
- · Borosil is the sole producer of the like article in India, constituting the domestic industry.
25-09-2026
Fedbank Financial Services Limited has submitted a certificate to BSE confirming timely payment of interest and partial principal on its NCDs (ISIN INE007N07041). The company paid ₹47,12,055.00 (net of TDS) in interest and ₹6,25,00,000.00 as partial principal redemption on September 25, 2026, one day before the due date of September 26, 2026. The outstanding amount after partial redemption is ₹18,75,00,000.00.
- · Interest payment frequency is quarterly.
- · Last interest payment was made on June 25, 2026.
- · Partial redemption reduced face value per NCD from ₹25,000 to ₹18,750.
- · TDS amount of ₹5,23,561.64 was deducted and will be deposited with the Central Government.
25-09-2026
Khadim India Limited has allotted 10,22,727 Fully Convertible Equity Share Warrants at ₹110 each via a preferential issue, aggregating ₹11,24,99,970 (₹11.25 Cr). The allotment was approved by the Board on September 25, 2026, following shareholder approval on August 1, 2026 and in-principle exchange approvals. The warrants are convertible into one equity share each within 18 months, with 25% of the issue price received upfront; the promoter group (Mr. Siddhartha Roy Burman) received 2,27,273 warrants, potentially increasing his stake from 8.89% to 9.59% upon full conversion.
- · The warrant allotment was approved via board resolution passed through circulation on September 25, 2026.
- · Shareholders approved the warrant issue at an EGM held on August 1, 2026.
- · In-principle approvals were received from NSE (letter dated September 11, 2026) and BSE (letter dated September 11, 2026).
- · Non-promoter allottees include 10 entities, each receiving between 18,182 and 90,909 warrants.
- · Gold Circle Venture Partners LLP is the only institutional allottee among non-promoters.
- · If any warrant holder does not exercise within 18 months, the warrants lapse and the 25% upfront payment is forfeited by the company.
25-09-2026
Refex Renewables & Infrastructure Limited, through its wholly-owned subsidiary Refex Green Power Limited, acquired equity stakes in three special purpose vehicles (SPVs) from promoter entity Refex Holding Private Limited on September 25, 2026. The acquisitions include 100% of Refex Vayu SPV 1 and Grey To Green Transition Private Limited, and a 49% stake in Refex Vayu SPV 2, making them step-down subsidiaries or an associate. The total cash consideration was ₹5,09,04,000 (₹5.09 Crore), and the move aims to expand the company's wind power portfolio, though all three target entities have yet to commence operations and reported nil turnover for FY26.
- · All three target entities have nil turnover for FY26 and have yet to commence operations.
- · Grey To Green Transition Private Limited has a negative net worth of ₹96,22,380 as of FY26.
- · The acquisition is a related party transaction as the entities were owned by promoter Refex Holding Private Limited, but was done at arm's length based on fair valuation.
- · The acquisitions were completed on the same day as the disclosure (September 25, 2026).
25-09-2026
Physicswallah Limited held its 6th AGM on September 25, 2026, where all six resolutions were passed with requisite majorities. Key approvals included adoption of FY2025-26 financial statements, re-appointment of director Prateek Boob, ratification of cost auditor remuneration, appointment of secretarial auditor, appointment of Anoop Kumar Mittal as Non-Executive Independent Director, and adoption of a new set of Articles of Association. While promoter votes were unanimous in favor across all resolutions, public institutional shareholders showed notable dissent on certain special resolutions, with 14.707% voting against the appointment of Mr. Mittal and 20.508% opposing the new Articles of Association.
- · Remote e-voting period: September 22-24, 2026 (9:00 AM to 5:00 PM IST).
- · AGM held via video conferencing from 1:00 PM to 2:34 PM IST.
- · Record date for voting eligibility: September 18, 2026.
- · Total outstanding shares: 2,905,008,832.
- · Promoter group holds 2,067,537,616 shares (71.17% of total).
- · Public institutions hold 546,244,094 shares (18.80% of total).
- · Public non-institutions hold 291,227,122 shares (10.03% of total).
- · No invalid votes were recorded for any resolution.
- · Scrutinizer appointed on August 14, 2026.
25-09-2026
NHC Foods Limited held its 34th Annual General Meeting on September 25, 2026, via video conferencing, where shareholders considered and approved all resolutions, including adoption of audited financial statements for FY ended March 31, 2026, re-appointment of a director, and special resolutions to enhance borrowing powers, increase authorized share capital, and issue convertible warrants on a preferential basis. The meeting concluded at 1:02 PM IST, with e-voting results to be declared within two working days. No financial performance figures were disclosed in the filing, and no negative or declining metrics were reported.
- · E-voting period: September 22, 2026, 9:00 AM to September 24, 2026, 5:00 PM; cut-off date September 18, 2026.
- · Scrutinizer: M/s. Nikunj Kanabar & Associates, Practising Company Secretary.
- · Resolutions included special items: enhancement of borrowing powers under Section 180(1)(c), loan/guarantee/security limits under Section 185, investment limits under Section 186, increase in authorized share capital, and issuance of convertible warrants on preferential basis.
- · Meeting duration: 12:30 PM to 1:02 PM IST.
- · Results of e-voting to be posted on company website and communicated to BSE within 2 working days.
25-09-2026
Lloyds Engineering Works Limited announced that all four resolutions proposed via Postal Ballot (Notice dated August 6, 2026) were passed with the requisite majority by shareholders as of the e-voting closing date, September 25, 2026. The resolutions included approval of material related party transaction limits between Lloyds Metals and Energy Limited and two material subsidiaries (Techno Industries Private Limited and Metalfab Hightech Private Limited), variation in the objects of the Rights Issue mentioned in the Letter of Offer dated April 19, 2025, and an increase in the ESOP Pool under the Employee Stock Option Scheme 2021. While all resolutions passed, the ESOP Pool increase saw notable opposition from public institutional shareholders (73.12% against) and a small dissent from non-institutional public shareholders (0.09% against), indicating mixed sentiment on that item.
- · Record date for the Postal Ballot was August 21, 2026.
- · Promoter and Promoter Group held 620,410,542 shares and did not vote on Resolutions 1 and 2 (Material RPTs) due to interest, but voted 100% in favour on Resolutions 3 and 4.
- · Public institutional shareholders voted 100% in favour on Resolutions 1, 2, and 3, but voted 73.12% against Resolution 4 (ESOP Pool increase).
- · Overall voter turnout (votes polled as % of outstanding shares) was 20.79% for Resolutions 1 & 2, and 62.79% for Resolutions 3 & 4.
- · Scrutinizer's report was submitted by Harshvardhan Tarkas, Practicing Company Secretary.
25-09-2026
Ambium Finserve Limited has confirmed timely payment of monthly interest of approximately ₹33.17 Lakhs (subject to TDS) on its Non-Convertible Debentures (ISIN INE0RU307213) due on September 26, 2026. The payment was made on September 25, 2026, the preceding working day, as the due date fell on a Saturday. This is a routine compliance disclosure confirming no default or delay in interest payment.
- · The NCDs have a face value of ₹10,000 each.
- · Interest payment frequency is monthly.
- · The total issue size across two tranches is ₹3,500 Lakhs (₹2,000 Lakhs + ₹1,500 Lakhs).
- · Last interest payment was made on August 26, 2026.
25-09-2026
Denta Water and Infra Solutions Limited held its 10th Annual General Meeting on September 24, 2026, via video conferencing, and all seven resolutions were passed by shareholders with the requisite majority. Resolutions included adoption of financial statements, declaration of dividend, appointment of a director, ratification of cost auditor remuneration, approval of borrowing powers, increase in executive director remuneration, and approval of material related party transactions. Notably, Resolution 6 (increase in remuneration of Executive Director Mr. C Mruthyunjaya Swamy) saw 4,800,000 invalid votes from the promoter group, and only 75% of promoter votes were polled, while public non-institutional votes showed 7.97% opposition, indicating some dissent.
- · Record date for voting eligibility was September 17, 2026.
- · No shareholders attended in person; 7 promoters and 25 public shareholders attended via video conferencing.
- · Resolution 6 (increase in remuneration of Executive Director) had 4,800,000 invalid votes from the promoter group, reducing promoter votes polled to 75% of their holding.
- · All resolutions passed with over 99.9% of votes polled in favour, except Resolution 6 which had 99.98% in favour but with notable opposition from public non-institutional shareholders (7.97% against).
- · The meeting lasted from 11:30 AM to 12:50 PM.
25-09-2026
Tata Steel Limited has fully redeemed Commercial Paper (CP) worth ₹1,200 crore on the due date of September 25, 2026. The redemption covers two tranches: ₹1,000 crore (ISIN INE081A14HK9, allotted August 27, 2026) and ₹200 crore (allotted September 3, 2026). The company has certified full payment of the redemption amount to the exchanges.
- · Filing reference number: SEC/1113/2026-27
- · Prior intimation reference: SEC/1033/2026-27 dated September 10, 2026
- · Disclosure made under SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025
- · Scrip Code: 732398
25-09-2026
Shlokka Dyes Limited held its 5th Annual General Meeting on September 24, 2026, where all seven resolutions were passed with the requisite majority. Resolutions included adoption of audited financials, re-appointment of Chairman & Managing Director Vaibhav Pravinchandra Shah, and approval of various special resolutions including loans, guarantees, investments, and borrowings up to an aggregate limit of Rs. 300 Crore each. The meeting saw participation from 4 promoter group members and 14 public shareholders via video conferencing, with 75.65% of total outstanding shares voted.
- · The remote e-voting period was from September 20, 2026 (09:00 AM IST) to September 23, 2026 (05:00 PM IST).
- · Record date for voting eligibility was September 17, 2026.
- · The AGM lasted 25 minutes (11:30 AM to 11:55 AM IST).
- · No shareholders attended in person or through proxy; all attendance was via video conferencing.
- · No public institutional shareholders voted on any resolution.
- · All resolutions were passed with over 99.95% votes in favour, except Resolution 7 which had 100% in favour.
- · The company is not listed on NSE or MSEI (symbols shown as NOTLISTED).
25-09-2026
Ambium Finserve Limited (formerly Ambium Finserve Private Limited) has confirmed timely payment of monthly interest on its listed Non-Convertible Debentures (ISIN INE0RU307247) to BSE Limited. The interest of approximately ₹18.96 Lakhs (subject to TDS) was paid on 25th September 2026, one day before the due date of 26th September 2026, because the due date fell on a non-working Saturday. This is a routine compliance disclosure under SEBI LODR Regulation 57 and does not indicate any adverse event or change in the company's financial health.
- · The debentures are secured, senior, redeemable, transferable, listed, and rated.
- · Interest payment frequency is monthly.
- · Last interest payment was made on 26th August 2026.
- · Record date for this interest payment was 11th September 2026.
- · No change in record date or frequency of payment was reported.
- · No redemption payment was applicable.
25-09-2026
Mehta Integrated Finance Limited held its 41st Annual General Meeting on September 25, 2026, with remote e-voting and poll voting conducted through NSDL. The scrutinizer's report confirms the voting process was completed in compliance with applicable regulations, but the filing does not disclose the specific vote outcomes or resolution results.
- · Remote e-voting period: September 22, 2026 (9:00 AM IST) to September 24, 2026 (5:00 PM IST)
- · Cut-off date for voting eligibility: September 18, 2026
- · AGM held on September 25, 2026 at 9:30 AM IST
- · Voting facility provided by NSDL; poll voting also available for shareholders present at the AGM
- · Scrutinizer's report dated September 25, 2026, with UDIN: F011980H00151207
25-09-2026
Tamilnadu Telecommunications Limited held its 38th Annual General Meeting on September 25, 2026 via video conferencing. All five resolutions, including adoption of financial statements, re-appointment of directors, and appointment of auditors, were passed with overwhelming majority (over 99.99% votes in favour). The meeting was conducted in compliance with SEBI LODR and MCA circulars, with 3 promoter and 33 public shareholders attending.
- · AGM was held at TCIL Bhawan, Greater Kailash, New Delhi – 110048
- · Register of Members and Share Transfer Books closed from 19th September 2026 to 25th September 2026
- · E-voting period: 22nd September 2026 (9:00 AM) to 24th September 2026 (5:00 PM)
- · Meeting started with Vande Matram (3 min 10 sec), Tamil Thaai Vazthu, and Jana Gana Mana
- · Meeting concluded at 12:30 PM with National Anthem
- · Resolution 4 (fixing statutory auditor remuneration) and Resolution 5 (appointment of secretarial auditor) were passed as ordinary resolutions under special business
25-09-2026
Capillary Technologies India Limited issued a clarification to BSE on September 25, 2026, in response to an exchange query regarding significant price movement in its shares. The company confirmed that all material and price-sensitive information has been disclosed in a timely manner under Regulation 30 of SEBI LODR and that no material information has been withheld. The company stated that the price movement appears to be purely market-driven and that management is not connected with it.
- · Reference number: BSE -L/SURV/ONL/PV/SJ/ 2026-2027 / 4301
- · Scrip Code: 544614
- · Company CIN: L72200KA2012PLC063060
- · Registered office located in HSR Layout, Bengaluru, Karnataka
- · Company Secretary membership number: A17091
25-09-2026
Namdev Finvest Limited, formerly Namdev Finvest Private Limited, filed a certificate under Regulation 57 of SEBI LODR Regulations with BSE Limited, confirming timely payment of interest and partial principal on its Non-Convertible Debentures (ISIN: INE0IX207254). The company paid interest of ₹1,38,85,040/- and redeemed ₹5,41,66,645/- on September 25, 2026, ahead of the September 30, 2026 due date, leaving an outstanding amount of ₹43,33,33,420/-. The filing demonstrates compliance and timely debt servicing, with no delays or negative events reported.
- · Interest payment frequency is quarterly, with the last interest payment made on June 30, 2026.
- · The redemption is partial, by face value, as per the Debenture Trust Deed.
- · No change in payment frequency; no call or put option redemption dates applicable.
- · The company certified timely payment of interest and part principal due, with no reason for non-payment or delay.
- · The certificate was filed with BSE Limited on September 25, 2026, under Regulation 57 of SEBI LODR Regulations.
25-09-2026
Brigade Enterprises Limited has acquired 100% of the equity shares of Celebrations Development Company Private Limited (formerly BCV Real Estates Private Limited), a step-down subsidiary, for a cash consideration of ₹10,00,000 (₹10 Lakh) at ₹10 per share. The acquisition, completed on September 25, 2026, makes Celebrations Development a wholly owned subsidiary of Brigade Enterprises. The target entity has no turnover for the last three financial years and is not yet operational.
- · The target entity was incorporated on May 4, 2022.
- · The acquisition is a related party transaction between the company and its subsidiary, done at arm's length.
- · No governmental or regulatory approvals were required for the acquisition.
- · The target entity's business is real estate development, consistent with Brigade's main line of business.
25-09-2026
DSP Mutual Fund filed an index update on September 25, 2026, disclosing the total expense ratios (TER) for its entire fund lineup as of September 24, 2026. The filing covers a wide range of schemes including equity, debt, hybrid, index, and ETF funds, with TERs varying significantly from as low as 0.08% for DSP BSE Sensex ETF (Direct Plan) to as high as 2.34% for DSP US Specific Equity Omni FoF (Regular Plan). The update is a routine regulatory disclosure providing transparency on cost structures for investors.
- · The filing includes 84 schemes covering equity, debt, hybrid, index, ETF, FMP, and FoF categories.
- · Direct Plan TERs are consistently lower than Regular Plan TERs across all schemes.
- · The highest Regular Plan Total TER is 2.34% for DSP US Specific Equity Omni FoF, while the lowest is 0.00% for several ETFs (Regular Plan Base TER).
- · The filing date is September 25, 2026, with data as of September 24, 2026.
25-09-2026
Tamilnadu Telecommunications Limited (TTL) held its 38th Annual General Meeting on September 25, 2026, via video conferencing. All five ordinary resolutions—including adoption of financial statements, re-appointment of directors R. Karthikeyan and Leena Rajput, fixing statutory auditor remuneration for FY2026-27, and appointing Tarun Saini & Associates as secretarial auditors—were passed with overwhelming shareholder support (99.996% to 99.997% in favor). The scrutinizer's report confirms no invalid votes and that all resolutions were carried with the requisite majority.
- · The remote e-voting period was open from September 22, 2026, 09:00 AM to September 24, 2026, 5:00 PM.
- · Venue voting (during AGM) was held on September 25, 2026, from 11:30 AM to 12:30 PM.
- · Voting finalization date and time: September 25, 2026, 14:51.
- · Cut-off date for entitlement to vote: September 18, 2026.
- · ISIN for TTL equity shares: INE141D01018.
- · EVSN for the e-voting event: 260901101.
- · No invalid votes were recorded for any resolution.
- · The scrutinizer's report was prepared under Section 108 of the Companies Act, 2013 and Rule 20(4)(xii) of the Companies (Management and Administration) Rules, 2014.
25-09-2026
Piccadily Sugar & Allied Industries Ltd. held its 33rd Annual General Meeting on September 25, 2026, where all seven resolutions—including adoption of financial statements, re-appointment of directors, appointment of statutory auditors, increase in authorized preference share capital, approval of related party transactions, and issuance of preference shares—were passed with 100% votes in favour (66 out of 67 members, representing 17,441,511 shares). Only one shareholder voted against all resolutions, casting 1 vote in opposition. The meeting was conducted via video conferencing with e-voting facilitated by NSDL.
- · The cut-off date for entitlement to vote was September 18, 2026.
- · Remote e-voting was open from September 22, 2026 (9:00 AM IST) to September 24, 2026 (5:00 PM IST).
- · The e-voting results were unblocked on September 25, 2026, in the presence of two witnesses.
- · All seven resolutions were passed as Ordinary or Special Resolutions with 100% approval from valid votes.
- · The meeting was conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) with the deemed venue at Jakhal Road, Patran, Patiala, Punjab.
25-09-2026
Billwin Industries Limited has received a Transfer of Technology (ToT) certificate from the Ministry of Defence for manufacturing the Hydro Suit (Submarine Escape Suit) for the Indian Navy. The agreement was formally handed over by Defence Minister Shri Rajnath Singh. This marks the company's entry into defence manufacturing, supporting indigenous production for the Indian Navy.
- · The ToT agreement was handed over during a formal ceremony by the Defence Minister.
- · The company will manufacture the suit as per terms specified under the ToT arrangement.
- · This is considered an important step for Billwin's participation in the defence manufacturing sector.
25-09-2026
Bharti Hexacom Limited has announced the closure of its trading window from October 1, 2026, ahead of the financial results for the quarter and half year ending September 30, 2026. The window will reopen 48 hours after the results are declared. This is a routine compliance disclosure with no financial impact.
- · Trading window closure starts October 1, 2026
- · Closure is for finalization of Q2 and H1 FY27 financial results (period ending September 30, 2026)
- · Trading window reopens 48 hours after results are declared to stock exchanges
- · Company symbol: BHARTIHEXA (NSE), Scrip Code: 544162 (BSE)
25-09-2026
The filing provides the voting results and consolidated scrutinizer's report for the 52nd Annual General Meeting (AGM) of RITES Limited. All resolutions were passed with overwhelming majority, including the re-appointment of directors and ratification of auditors. However, the filing does not disclose any leadership changes, financial metrics, or strategic decisions beyond the routine AGM agenda items.
- · All resolutions were passed with over 99% approval, indicating strong shareholder support for management proposals.
- · The scrutinizer's report confirms valid e-voting and no invalid votes.
- · No dissenting votes or abstentions were recorded for any resolution.
25-09-2026
Cochin Minerals & Rutile Ltd. held its 37th Annual General Meeting on September 25, 2026, via video conferencing, with 75 members representing 27.64% of paid-up equity capital. The meeting adopted audited financial statements (no qualifications), declared a dividend, and re-appointed two directors retiring by rotation. The Chairman noted the company's operational and financial performance and ongoing regulatory/legal proceedings, while the Managing Director addressed shareholder questions.
- · The AGM was conducted via video conferencing and other audio-visual means.
- · Remote e-voting was held from September 20 to September 24, 2026.
- · The meeting lasted from 10:30 AM to 11:40 AM, including extended voting time.
- · The company's audited financial statements and secretarial audit report contained no qualifications, reservations, or adverse remarks.
- · A dividend was declared (amount not specified in this filing).
- · Two directors retiring by rotation were re-appointed: Mr. Mundanical Mathew Cherian and Smt. Jaya S Kartha.
- · An ordinary resolution was passed for commission to non-executive directors.
- · The Chairman informed about the demise of former Chairman Mr. R K Garg, and a minute of silence was observed.
- · The Chairman noted ongoing regulatory and legal proceedings involving the company (details not provided).
25-09-2026
Aditya Infotech Limited (CPPLUS) has closed its Qualified Institutions Placement (QIP) on September 25, 2026, allocating 4,326,507 equity shares at an issue price of ₹3,467 per share, which represents a discount of ₹181.43 (4.97%) to the floor price of ₹3,648.43. The QIP Committee approved the closure, allocation, and adoption of the Placement Document, raising approximately ₹1,500 crore (₹1,500,00,00,000) based on the issue price and number of shares.
- · The QIP was opened on September 22, 2026 and closed on September 25, 2026.
- · The issue was conducted under Chapter VI of SEBI ICDR Regulations and Sections 42 and 62 of the Companies Act, 2013.
- · The QIP Committee meeting started at 09:00 pm IST and concluded at 09:30 pm IST on September 25, 2026.
- · The Placement Document dated September 25, 2026 has been filed with the exchanges and made available on the company's website.
25-09-2026
Gateway Distriparks Limited held its 21st AGM on September 25, 2026, where all seven resolutions were passed with requisite majority. While resolutions like confirming interim dividend (Resolution 2) and reappointing director Ishaan Gupta (Resolution 3) received near-unanimous support (99.99% and 99.98% assent respectively), the adoption of financial statements (Resolution 1) saw notable dissent at 17.47%, and key reappointment/remuneration resolutions (4, 5, 6, 7) received dissent ranging from 10.38% to 12.49%, indicating significant shareholder pushback on governance and related-party transactions.
- · Resolution 1 (Adoption of financial statements) received the highest dissent at 17.47% (6,04,12,414 votes against), indicating strong investor concern over financial reporting.
- · Resolution 7B (Sale/transfer of assets under SEBI LODR 37A) saw 24.48% dissent from public shareholders, showing significant opposition to asset disposal plans.
- · All resolutions were passed with the requisite majority despite notable dissent.
- · Remote e-voting period: September 22 to September 24, 2026.
- · Cut-off date for entitlement to vote: September 18, 2026.
- · Total valid votes cast across most resolutions ranged between approximately 34,57,75,624 and 34,59,92,007.
25-09-2026
Hy-Tech Engineers reported Q1 FY27 revenue of INR430 million, up 13% YoY from INR380 million, and PAT of INR46 million, up 11% YoY from INR41 million. However, EBITDA margin contracted to 19.6% from 21.5% due to input cost inflation and a shift in sales to the next quarter. Management guided for 20% revenue growth and 25-30% PAT growth for FY27, with EBITDA margins expected to improve to 24-25% as price revisions from OEMs take effect in Q2. The company plans to double capacity from 35 lakh fittings per month to 70 lakh over three years, supported by INR30 crore capex from IPO proceeds, and is setting up a US subsidiary to capture growing export demand.
- · Employee cost rose 28.5% YoY as a share of sales, partly due to a sales cutoff shift to Q2.
- · Management targets 50% export and 50% domestic revenue mix over five years (currently ~30% export).
- · New OEMs added include Tata Hitachi, Sany, and Fluidconnecto from bauma.
- · Company has registered with DRDO, Cochin Shipyard, and Mazagon Dock for defence and shipbuilding opportunities.
- · IRIS railway certification obtained, enabling entry into railway business.
- · Plans to set up a 100% US subsidiary for warehousing and marketing, led by the chairman's son.
- · New 6.5-acre plant planned with higher automation, targeting 2x productivity of current plants.
- · R&D spend is ~1% of revenue, considered sufficient for standard product portfolio.
- · No single customer accounts for more than 15% of revenue.
- · Global market for hydraulic fittings is ₹40,000 crore; India is ₹2,000 crore.
- · Current capacity utilization is 60-70%, with extra capacity maintained for new customer onboarding.
25-09-2026
Gateway Distriparks Limited held its 21st Annual General Meeting on September 25, 2026, via video conferencing, with all resolutions passed by members. Key items included adoption of FY2025-26 financials, confirmation of interim dividend of Rs. 3.75 per share, re-appointment of directors, and approval of special resolutions including asset/subsidiary disposal. Notably, the Statutory Auditors issued a modified opinion on the FY2025-26 financials, though no qualifications were noted by the Secretarial Auditor.
- · AGM was held 15 minutes late (12:45 PM vs scheduled 12:30 PM) due to technical reasons.
- · E-voting was open from September 22, 2026, 9:00 AM to September 24, 2026, 5:00 PM, with cut-off date September 18, 2026.
- · Statutory Auditors S.R Batliboi & Co. LLP expressed a modified opinion on FY2025-26 financials.
- · Secretarial Auditor reported no qualifications or adverse remarks for FY2025-26.
- · Special resolution approved for sale/disposal of assets/undertaking or investment in subsidiaries.
- · Mr. Ishaan Gupta to be re-appointed as Joint Managing Director for five years effective December 27, 2026.
- · Ms. Vanita Yadav to be re-appointed as Non-Executive Independent Director for a second term of five years.
- · Meeting concluded at 1:27 PM IST, including e-voting time.
25-09-2026
Svatantra Microfin Limited redeemed 500 senior, unsecured, rated, listed, non-convertible debentures (NCDs) of Rs. 10,00,000 each, aggregating to Rs. 50,00,00,000 (Rs. 50 Crore) on 25th September 2026, upon maturity. The redemption was made to NCD holders as per BENPOS records as of the record date (13th September 2026), and the company confirmed no dues are pending against the ISIN. The company is proceeding with corporate actions to debit the NCDs and deactivate the ISIN with depositories.
- · ISIN: INE140R08056
- · Record date for redemption: 13th September 2026
- · Redemption date: 25th September 2026
- · Company formerly known as Svatantra Microfin Private Limited
- · CIN: U74120MH2012PLC227069
25-09-2026
Halder Venture Limited has informed the stock exchanges that its trading window will be closed from October 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ending September 30, 2026. This closure is a standard compliance measure under SEBI's insider trading regulations to prevent trading by designated persons ahead of material financial disclosures. The notice contains no financial data or business performance updates.
- · Trading window closure starts: October 1, 2026
- · Trading window reopens: 48 hours after declaration of Q3 FY27 unaudited results
- · Regulation cited: SEBI (Prohibition of Insider Trading) Regulations, 2015
- · Company symbol: HALDER, Scrip code: 539854
25-09-2026
Tamilnadu Telecommunications Limited (TTL) held its 38th Annual General Meeting on September 25, 2026 via video conferencing, where all resolutions—including adoption of FY2025-26 financial statements, re-appointment of directors, and appointment of auditors—were passed with the requisite majority. The meeting was attended by 3 promoter-group and 33 public shareholders, with no physical proxy arrangement. No financial performance figures or period-over-period comparisons were disclosed in this filing.
- · The AGM was conducted via two-way Video Conferencing/OAVM in compliance with MCA and SEBI circulars.
- · The meeting opened with Vande Matram (3 min 10 sec), Tamil Anthem, and National Anthem as per Government of India directive dated July 9, 2026.
- · All directors except Tmt. R. Bhuvaneswari were present via VC or physically.
- · E-voting was open from September 22, 2026 (9:00 AM) to September 24, 2026 (5:00 PM) via CDSL platform, with venue voting also available.
- · Five resolutions were passed: adoption of FY2025-26 financial statements, re-appointment of R. Karthikeyan and Leena Rajput as directors, fixing statutory audit fee at ₹1,00,000 for FY2026-27, and appointment of Tarun Saini & Associates as secretarial auditors.
- · No financial performance data (revenue, profit, etc.) or period-over-period comparisons were provided in this filing.
25-09-2026
Super Fine Knitters Limited has announced a closure of its trading window for designated persons from October 1, 2026, until 48 hours after the declaration of unaudited half-year financial results for the period ending September 30, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The board meeting date for considering the results will be communicated later.
- · Trading window closure effective from 1 October 2026 until 48 hours after declaration of half-year results for period ended 30 September 2026.
- · Regulatory compliance under SEBI (Prohibition of Insider Trading) Regulations, 2015.
25-09-2026
Espire Hospitality Limited held its 35th Annual General Meeting on September 25, 2026, where all three resolutions were passed with requisite majority. The company reported record FY2025-26 results with revenue of Rs. 14,105.99 Lakh and EBITDA of Rs. 2,307.55 Lakh, a 206% increase over the previous year. However, the PAT figure of Rs 81240 Lakh appears to be a typographical error in the filing, and the company's expansion plans include 15 new hotels within one year and 25 more in the subsequent two years.
- · All three resolutions passed with requisite majority: adoption of audited standalone financial statements, reappointment of Ms. Leela Bisht as director, and re-appointment of Bansal & Co, LLP as statutory auditors for a second term of five years.
- · E-voting was conducted from September 22, 2026 to September 24, 2026 via NSDL platform.
- · The meeting commenced at 10:30 AM and concluded at 11:32 AM.
- · The company is part of the Espire Group operating across Hospitality, IT Solutions, and Education.
25-09-2026
Samrat Forgings Limited held its 45th Annual General Meeting on September 25, 2026, where shareholders approved the reappointment of Mr. Rakesh M. Kumar as Managing Director for a three-year term (December 1, 2026 to November 30, 2029) and Mr. Satish Chander Sharma as an Independent Director for a second five-year term (June 30, 2027 to June 29, 2032). The filing is a routine disclosure under Regulation 30 and contains no financial results or performance metrics.
- · 45th Annual General Meeting held on September 25, 2026 at 11:30 AM IST
- · Mr. Rakesh M. Kumar holds 11,80,100 shares in the company
- · Mr. Satish Chander Sharma holds no shares in the company
- · Neither director is debarred from holding office by SEBI or any other authority
25-09-2026
Espire Hospitality Limited held its 35th Annual General Meeting on September 25, 2026, where all three resolutions (adoption of financial statements, reappointment of Ms. Leela Bisht as director, and reappointment of Bansal & Co, LLP as statutory auditors) were passed with requisite majority. The company reported landmark financial results for FY2025-26, with revenues of Rs. 14,105.99 Lakh and EBITDA reaching an all-time high of Rs. 2,307.55 Lakh, a 206% increase over the previous year. However, Profit After Tax (PAT) stood at Rs 81240 Lakh, and while described as 'strong growth', the filing does not provide a prior-year PAT figure for comparison, leaving the magnitude of improvement unclear.
- · The AGM was held at Mehfil Hall 1 & 2, Country Inn Nature Resort, Bhimtal, Uttarakhand.
- · Meeting commenced at 10:30 AM and concluded at 11:32 AM.
- · E-voting was open from September 22, 2026 at 09:00 AM to September 24, 2026 at 05:00 PM.
- · All three resolutions were passed with requisite majority.
- · The company plans to open 15 new hotels/resorts within one year and 25 more in the subsequent two years.
25-09-2026
Mehta Securities Ltd. held its 32nd Annual General Meeting on September 25, 2026, with resolutions passed via e-voting and poll. The scrutinizer's report confirms that all resolutions were approved with 100% votes in favor, with no votes against or abstentions across all items. The meeting was conducted in compliance with SEBI (LODR) Regulations and MCA circulars.
- · The e-voting period was from September 22, 2026 (9:00 AM IST) to September 24, 2026 (5:00 PM IST).
- · The cut-off date for entitlement to vote was September 18, 2026.
- · The scrutinizer's report was signed on September 25, 2026, with UDIN F011980H001013448.
- · The meeting was held at 002, Law Garden Apartment, Scheme 1, Opp. Law Garden, Ellisbridge, Ahmedabad 380006.
25-09-2026
Aditya Infotech Limited closed its Qualified Institutions Placement (QIP) on September 25, 2026, allocating 4,326,507 equity shares at an issue price of ₹3,467 per share, raising approximately ₹15,000 crore. The issue price was set at a 4.97% discount to the floor price of ₹3,648.43 per share. The QIP Committee approved the closure, allocation, placement document, and confirmation of allocation notes.
- · QIP Committee meeting held on September 25, 2026, commenced at 09:00 pm IST and concluded at 09:30 pm IST.
- · The issue was closed on September 25, 2026, upon receipt of application forms and funds in the escrow account.
- · The Placement Document dated September 25, 2026, was filed with the stock exchanges and made available on the company's website.
- · The issue price was determined in accordance with Regulation 176(1) of the SEBI ICDR Regulations.
25-09-2026
Yatharth Hospital & Trauma Care Services Limited held its 19th AGM on September 25, 2026 via video conferencing. All seven resolutions were passed with the requisite majority, including the adoption of financial statements, re-appointment of Dr. Ajay Kumar Tyagi as a director, ratification of cost auditor remuneration, approval of a material related party transaction, modification of IPO proceeds utilization, and adoption of the new Employee Stock Option Scheme 2026 along with grants to subsidiary employees. However, notable dissent was observed on Resolution 4 (Material RPT, 8.33% votes against) and especially Resolution 6 (ESOP Scheme 2026, 17.73% votes against) and Resolution 7 (ESOP grants to subsidiaries, 17.73% votes against), driven by institutional shareholders, indicating significant minority pushback on governance-related items.
- · The voting period for remote e-voting was from September 22, 2026 (09:00 AM) to September 24, 2026 (05:00 PM) via CDSL platform.
- · The cut-off date for entitlement to vote was September 18, 2026.
- · Shareholders present at the AGM (through VC) who had not already voted were allowed to vote during the meeting.
- · Promoter and promoter group held 53,762,672 shares and voted 100% in favour on all resolutions; they did not attend via video conferencing.
- · Public Institutions (holding 17,068,053 shares as per record) had a voting turnout of 84.45% on each resolution.
- · Public Non-Institutions had very low turnout of 0.13% or 0.12% of their total holdings (~25.5M shares) across resolutions.
25-09-2026
Signatureglobal (India) Limited has issued a corporate guarantee through its wholly owned subsidiaries (Signatureglobal Homes Limited, Fantabulous Town Developers Limited, and Signatureglobal Business Park Limited) in favor of ICICI Bank Limited to secure a Rupee Term Loan facility of up to Rs. 100 crore availed by the company. The guarantee is unconditional, absolute, irrevocable, and continuing, and is a contingent liability for the guarantors, with no impact on the company itself. The promoters and promoter group have no interest in the transaction, which is at arm's length.
- · The corporate guarantee is provided by three wholly owned subsidiaries of the company.
- · The guarantee is unconditional, absolute, irrevocable, and continuing in nature.
- · The guarantee covers repayment of all amounts due under the facility agreement.
- · The guarantee is a contingent liability for the guarantors, with no impact on the company.
- · The promoters and promoter group have no interest in the transaction, and it is at arm's length.
25-09-2026
Muthoot Fincorp Limited has intimated BSE Limited of the record dates for interest payments on its various series of Non-Convertible Debentures (NCDs). The record dates are set for October 9, 16, 19, and 25, 2026, with corresponding interest payment due dates in late October and early November 2026. This is a routine operational disclosure regarding debt servicing and does not contain any financial performance data or material corporate action.
25-09-2026
HDB Financial Services Limited has informed the exchanges that a Board meeting is scheduled for October 14, 2026, to consider and approve the unaudited financial results for the quarter and half year ending September 30, 2026. The trading window for insiders will remain closed from October 1 to October 16, 2026. This is a routine procedural disclosure with no financial results or performance data included.
- · Trading window closure for insiders: October 1, 2026 to October 16, 2026
- · Board meeting date: October 14, 2026
- · Filing made under Regulation 29 read with Regulation 50 of SEBI LODR Regulations
25-09-2026
Yatharth Hospital & Trauma Care Services Limited held its 19th AGM on September 25, 2026, where all seven resolutions were approved with the requisite majority. Notably, the ESOP Scheme 2026 and related grant to subsidiary employees faced significant opposition from public institutional shareholders (83.85% against), while the material related party transaction also saw 39.43% opposition from institutions. Overall voting turnout was 70.79% of outstanding shares.
- · AGM held via video conferencing; 80 public shareholders attended, no promoter attendance.
- · Voting period for remote e-voting: September 22-24, 2026; cut-off date September 18, 2026.
- · Resolution 4 (Material Related Party Transaction) saw 39.43% opposition from public institutions, indicating governance concerns.
- · Resolution 6 (ESOP Scheme 2026) faced 83.85% opposition from public institutions, though overall passed with 82.27% approval due to promoter support.
- · Resolution 7 (Grant of options to subsidiary employees) also saw 83.85% institutional opposition.
- · All resolutions passed; no resolution failed.
- · Scrutinizer's report prepared by USRK & COMPANY, peer-reviewed firm.
25-09-2026
Supriya Lifescience Limited held its 18th Annual General Meeting on September 24, 2026, via video conferencing, with all five ordinary resolutions passed with requisite majority. The resolutions included adoption of audited financial statements for FY ended March 31, 2026, declaration of a final dividend of ₹1.00 per equity share (50% on face value of ₹2), re-appointment of Dr. Saloni Wagh and Ms. Shivani Wagh as directors retiring by rotation, and ratification of cost auditors' remuneration. While all resolutions received overwhelming support from promoters (100% in favour), a small but notable percentage of public non-institutional shareholders voted against certain resolutions (up to 3.03% against cost auditor ratification), indicating minor dissent among retail investors.
- · The AGM was held via Video Conferencing due to MCA and SEBI circulars; no physical attendance of members.
- · Chairman Dr. Satish Wagh could not chair the meeting due to a medical emergency; Ms. Shivani Wagh (Joint Managing Director) conducted the proceedings.
- · Total shareholders on record date (September 4, 2026) were 80,126.
- · Only 6 promoter group shareholders and 51 public shareholders attended the AGM via video conferencing.
- · Resolution 3 (re-appointment of Dr. Saloni Wagh) saw 4.13% of public institutional votes against, the highest dissent among institutional shareholders.
- · Resolution 4 (cost auditor remuneration) had 3.03% of public non-institutional votes against, the highest retail dissent.
- · All resolutions were passed with requisite majority; no resolution faced overall opposition exceeding 0.24% of total votes polled.
25-09-2026
Power & Instrumentation (Gujarat) Limited held its 42nd Annual General Meeting on September 25, 2026 via video conferencing, with 36 members present out of 32,947 total shareholders. All seven agenda items, including adoption of financial statements, re-appointment of a director, ratification of cost auditor remuneration, appointment of secretarial auditor, approval of material related party transactions, and adoption of the PIGL ESOP Scheme 2026, were transacted through e-voting. The meeting concluded without any shareholder queries or discussion, and the auditor's report contained no qualifications.
- · The AGM was held via VC/OAVM pursuant to MCA General Circular No. 09/2024 dated September 19, 2024 and SEBI circular dated October 03, 2024.
- · The meeting lasted 28 minutes, from 2:30 PM to 2:58 PM IST.
- · No shareholder queries or discussions were held as no registered speakers joined.
- · E-voting portal remained open for 15 minutes after the meeting for members who had not already voted remotely.
- · Mr. Nisarg Sharma was appointed as scrutinizer for the voting process.
- · The auditor's report on financial statements for the year ended March 31, 2026 had no qualifications, reservations, or adverse remarks.
25-09-2026
NaBFID, India's apex infrastructure development bank, received a 'BBB+/Stable' foreign currency rating from CareEdge Global for its USD 750 million senior unsecured notes due 2036, with Fitch assigning a 'BBB-' rating. The rating reflects strong GoI support, 100% ownership, and NaBFID's critical role in infrastructure financing. However, gearing has risen sharply from 0.9x in FY24 to 3.1x by March 2026, with expectations of 7-8x over the medium term, and portfolio concentration remains high (top 20 loans at ~41% of advances, down from 59% in FY25).
- · NaBFID was established in 2021 under the NaBFID Act, 2021, and is supervised by RBI as an AIFI.
- · GoI notified NaBFID as a public financial institution (PFI) on September 10, 2024.
- · NaBFID reported no NPAs as of March 31, 2026.
- · The rating is aligned with the sovereign rating of India, reflecting strong government support.
- · The government is expected to maintain at least a 26% stake in NaBFID.
- · NaBFID has a 10-year tax holiday and government support for hedging costs.
- · The institution has a strong board with experienced bankers and independent directors.
- · The rating could be upgraded if the sovereign rating of India is upgraded, and downgraded if the sovereign rating is downgraded or support weakens.
- · The company's AUM is expected to grow robustly over the next 5-10 years driven by infrastructure investment momentum.
25-09-2026
The Reserve Bank of India released its September 2026 Bulletin, reporting robust Q1:2026-27 GDP growth of 7.8% despite global geopolitical tensions and rising energy prices. Headline inflation inched up to 4.8% in August, driven by food and fuel components, while system liquidity surged and foreign exchange reserves hit an all-time high. The bulletin also highlights a sustained momentum in private corporate investment, with envisaged capex of ₹3.2 lakh crore for 2026-27, though the credit-deposit ratio has risen above 80%, raising sustainability concerns.
- · Merchandise trade deficit narrowed in August 2026 supported by strong export growth.
- · System liquidity surplus surged following FCNR(B) deposit flows.
- · Foreign exchange reserves reached an all-time high in Q1:2026-27.
- · The credit-deposit ratio has risen above 80% since FY2023, but the article argues it may not indicate funding vulnerability given the growing economy and sound banking system.
- · Infrastructure sector, led by Power, continued to attract major share of envisaged capital investment.
- · The number of projects sanctioned by banks and financial institutions increased in 2025-26 compared to the previous year.
25-09-2026
R R Kabel Limited has informed stock exchanges that its trading window for designated persons will be closed from 1 October 2026 until 48 hours after the declaration of unaudited financial results for the quarter ending 30 September 2026, in compliance with SEBI insider trading regulations. This is a routine procedural disclosure with no financial or operational impact.
25-09-2026
NaBFID, India's apex infrastructure development bank, received a 'BBB+/Stable' foreign currency rating from CareEdge Global for its USD 750 million senior unsecured notes due 2036, and Fitch assigned a 'BBB-' rating. The rating reflects strong GoI support, 100% ownership, and NaBFID's critical role in infrastructure financing. However, gearing has risen sharply from 0.9x (FY24) to 3.1x (FY26) and is expected to reach 7-8x, while portfolio concentration remains high (top 20 loans at ~41% of advances, down from 59% in FY25).
- · NaBFID was established in 2021 under the NaBFID Act, 2021, and is supervised by RBI as an AIFI.
- · NaBFID reported no NPAs as of March 31, 2026.
- · GoI notified NaBFID as a public financial institution (PFI) on September 10, 2024.
- · NaBFID's gearing is expected to moderate to 7-8 times on a steady-state basis over the next 3-4 years.
- · The rating rationale highlights potential need for additional GoI equity infusion to support loan book growth.
- · NaBFID maintains 60 days of liquidity to cover all ensuing liabilities.
- · The company has a strong board with experienced bankers and independent directors.
- · NaBFID's cumulative sanctions were Rs 3,365 bn as of March 31, 2026.
- · The rating is aligned with the sovereign rating of India, reflecting strong government support.
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