Impact Events
Trent Ltd Director Harish Bhat Resigns
Trent Ltd has announced the resignation of Mr. Harish Bhat, a Non-Executive Non-Independent Director, effective October 17, 2026. The resignation is attributed to his increasing professional and personal commitments. Mr. Bhat expressed his pleasure in serving on the board and admired the company's leadership and growth.
Avon Mercantile Files Shareholding Distribution for Q2 FY27
Avon Mercantile Ltd has submitted its shareholding distribution for the quarter ending September 30, 2026, in compliance with SEBI (LODR) Regulations, 2015. The filing details the breakdown of shareholding among promoters, promoter group, and non-promoter non-public shareholders. The company reported 1,960,070 shares held by promoters and promoter group, constituting 26.21% of the total shares. Non-promoter non-public shareholders hold 5,517,320 shares, representing 73.79% of the total.
Amber Enterprises Subsidiary Acquires Remaining 40% Stake in Power-One
Amber Enterprises India Ltd's material subsidiary, IL JIN Electronics (India) Limited, has entered into a Share Swap Agreement to acquire the remaining 40% equity stake in Power-One Micro Systems Private Limited. The acquisition will be completed through the issuance of 1,76,000 Compulsorily Convertible Preference Shares (CCPS A3) by IL JIN to the sellers. Upon completion, Power-One will become a wholly-owned subsidiary of IL JIN and consequently, of Amber Enterprises India Ltd. The transaction is structured as a share swap, with IL JIN currently holding 60% of Power-One's shares.
Amber Enterprises Subsidiary Acquires Remaining 1.5% Stake in Ascent Circuits
Amber Enterprises India Ltd's material subsidiary, IL JIN Electronics (India) Limited, has entered into a Share Swap Agreement to acquire the remaining 1.50% equity stake in Ascent Circuits Private Limited. The acquisition will be completed through the issuance of 13,120 Compulsorily Convertible Preference Shares (CCPS A2) by IL JIN to the seller. Upon completion, Ascent Circuits will become a wholly-owned subsidiary of IL JIN and Amber Enterprises. This transaction is classified as a related party transaction but is being conducted on an arm's length basis.
Prime Industries Subsidiary Linga Agri Raises Funds at ₹330 Cr Valuation
Prime Industries Limited's subsidiary, Linga Agri Trading and Machinery Private Limited, has successfully completed the first tranche of its fundraising round at a pre-money valuation of ₹330 crore. This funding will support Linga Agri's expansion in advanced manufacturing and specialized engineering solutions for agricultural and industrial applications. Linga Agri has shown significant financial growth, with revenue increasing from ₹19.27 crore in FY2024-25 to ₹84.47 crore in FY2025-26, and profit after tax rising from ₹3.17 crore to ₹15.04 crore. Prime Industries provides strategic guidance, R&D support, and operational engagement to Linga Agri, reinforcing their joint efforts in specialized engineering and advanced manufacturing.
Amber Enterprises Subsidiary Acquires Remaining 40% in Power-One
Amber Enterprises India Ltd's material subsidiary, IL JIN Electronics (India) Limited, has acquired the remaining 40% equity stake in Power-One Micro Systems Private Limited through a share swap agreement. IL JIN will issue 1,76,000 Compulsorily Convertible Preference Shares (CCPS A3) to the sellers in exchange for the shares. Upon completion, Power-One will become a wholly-owned subsidiary of IL JIN and consequently, Amber Enterprises. This transaction consolidates full ownership of Power-One under the Amber Enterprises group.
Amber Enterprises Subsidiary Acquires Remaining Stake in Ascent Circuits
Amber Enterprises India Ltd announced that its material subsidiary, IL JIN Electronics (India) Limited, has acquired the remaining 1.50% equity stake in Ascent Circuits Private Limited through a share swap agreement. IL JIN will issue 13,120 Compulsorily Convertible Preference Shares (CCPS A2) to the seller as consideration. Upon completion, Ascent Circuits will become a wholly-owned subsidiary of IL JIN and consequently, Amber Enterprises. This transaction is considered a related party transaction but is being conducted on an arm's length basis.
Dodla Dairy Clarifies FSSAI Regulatory Matter at Batlagundu Plant
Dodla Dairy Ltd has issued a clarification regarding news items about an FSSAI regulatory matter concerning its Batlagundu plant. The company addressed an FSSAI social media post and media articles stating legal proceedings for prosecution. Dodla Dairy presented the factual position based on laboratory reports. A sample of "Full Cream Milk" drawn on January 9, 2026, was classified as "substandard" by the primary laboratory due to milk fat. However, adulterants like detergent were reported as absent. A referral laboratory later reported the sample as unsafe and substandard, citing the qualitative presence of detergent/caustic soda. The company highlighted significant divergences between the two laboratory reports and noted the referral analysis was conducted two months after the sample's best-before date. Dodla Dairy submitted a representation to FSSAI and has not yet received a formal order. The company emphasizes its commitment to quality and consumer safety, stating there is no financial or operational impact at this time.
Sai Urja Indo Ventures Wins ₹12.98 Cr NTPC Order
Sai Urja Indo Ventures Ltd (SUIV) has been declared L1 (First Lowest) for a contract valued at INR 12.98 Crores by NTPC Tamilnadu Energy Company Limited. The contract is for a Repair and Rectification service for NTECL C&I systems of Main Plant and Off sites, with a duration of 3 years. This order signifies a significant business win for SUIV, potentially boosting its revenue and market presence in the energy sector.
Chemkart India Ltd Board Meeting on Oct 30 to Approve H1 FY27 Results
Chemkart India Ltd has announced that its Board of Directors will convene on October 30, 2026, to consider and approve the Un-Audited Standalone and Consolidated Financial Results for the Half Year ended September 30, 2026. The trading window for designated persons and their immediate relatives has been closed since September 26, 2026, and will reopen 48 hours after the declaration of these financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
WSFx Global Pay Board Meeting on Oct 26 for Q2 Unaudited Results
WSFx Global Pay Limited has announced that its Board of Directors will convene on October 26, 2026, to consider and approve the unaudited financial results for the quarter ended September 30, 2026. In compliance with SEBI regulations, the trading window for directors and designated persons has been closed and will reopen 48 hours after the financial results are declared. The company will also upload this intimation on its website.
Schneider Electric Infrastructure Ltd: GST Appeal Rejected
Schneider Electric Infrastructure Ltd has received an Order-in-Appeal from the Joint Commissioner, CGST & CX, Kolkata, rejecting its appeal against an earlier order. The original order demanded ₹5,04,071 for excess transitional input tax credit claimed for FY 2017-18, along with penalty and interest. The appellate authority upheld the demand, interest, and penalty, totaling ₹10,08,142 plus applicable interest. The company stated there is no material impact on its financials or operations and is evaluating legal remedies.
JSW Steel Wins Orissa High Court Cases on Mineral Dispatch Demands
JSW Steel has received favorable judgments from the Hon'ble High Court of Orissa at Cuttack in two significant legal disputes concerning demands raised by the mining authorities. The first case involved a demand of ₹6,963.21 Crores related to a shortfall in mineral dispatch from the Jajang Iron Ore Block for the first year of the Mine Development and Production Agreement. The High Court has disposed of the company's writ petition, and JSW Steel believes the demand letter stands quashed. The second case pertained to a demand of ₹14,726.95 Crores for the fifth year's dispatch shortfall. The High Court has set aside this demand and remitted the matter for a fresh decision, considering the legal position established in prior judgments. The delay in disclosure was due to the time taken to review these judgments.
Vedanta Doubles SA Zinc Capacity to 500,000 Tonnes
Vedanta Limited has announced the doubling of its annual zinc production capacity in South Africa to 500,000 tonnes through a US$ 600 million investment in Gamsberg (Phase II). This expansion, inaugurated by South African President Cyril Ramaphosa and Vedanta Director Priya Agarwal-Hebbar, marks a significant mining investment in the country. The move aims to bolster Vedanta's global zinc leadership, with a vision to achieve 3 million tonnes of annual production across India and South Africa. Hindustan Zinc is targeted to contribute 2 million tonnes, while Vedanta Zinc International aims for 1 million tonnes. This expansion is part of Vedanta's ZAR 21 billion (US$ 1.5 billion) investment commitment made in 2018.
Shri Dinesh Mills Board Meeting on Oct 26 for Financial Results
Shri Dinesh Mills Ltd has announced that its Board of Directors will convene on October 26, 2026, to consider and approve the Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The results will be presented on both a standalone and consolidated basis. In conjunction with this announcement, the company has also informed that the trading window for its securities will be closed for directors, officers, and designated employees from October 1, 2026, until October 28, 2026, inclusive.