Impact Events
Krishna Prasad Chigurupati Sells 1.72 Cr Granules India Shares
Krishna Prasad Chigurupati has disclosed the sale of 1,72,00,000 equity shares of Granules India Limited on September 11, 2026. The transaction, executed through a block deal and open market, resulted in a reduction of his stake from 31.00% to 24.06% of the total share capital. The sale involved approximately 6.94% of the company's total share capital. The transaction saw participation from significant institutional investors, including Capital Group, Kotak Mahindra Life Insurance Company, ChrysCapital, and Allspring, alongside other domestic and global investors. The total diluted share capital of the company after the sale stands at Rs. 27,27,96,921/-.
Avantel Ltd Board Meeting on Sep 18, 2026 to Consider Merger
Avantel Ltd has announced a Board of Directors meeting scheduled for September 18, 2026. The primary agenda item is to consider and approve a Scheme of Merger, wherein M/s. Imeds Global Private Limited, a wholly-owned subsidiary, will be merged into the holding company, Avantel Limited. Additionally, the company has closed its trading window from September 13, 2026, until 48 hours after the board meeting outcome, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
VIP Clothing Allots 84.75 Lakh Warrants at ₹22.50 Each
VIP Clothing Ltd has approved the allotment of 84,75,000 convertible warrants to promoters and non-promoters at an issue price of ₹22.50 per warrant. The warrants are convertible into one equity share each within 18 months of allotment. Promoters and promoter group paid 50% of the consideration, while non-promoters paid 25%. The total consideration received for this preferential issue amounts to ₹9,50,06,250. This move is part of the company's strategy to raise capital through a preferential issue.
CLC Industries AGM: All 10 Resolutions Passed
CLC Industries Ltd announced the voting results and scrutinizer's report from its 34th Annual General Meeting (AGM) held on September 11, 2026. The meeting, conducted via video conferencing, saw all 10 resolutions presented to shareholders pass with the requisite majority. The resolutions included the adoption of financial statements for the fiscal year ending March 31, 2026, and the appointment of auditors. The voting process involved remote e-voting and electronic voting during the AGM, with NSDL facilitating the electronic platform. Mr. Ajit Kumar, Practicing Company Secretary, served as the scrutinizer.
Maruti Suzuki's ESG Score Upgraded by Crisil to 68
Maruti Suzuki India Ltd has seen its ESG score upgraded by Crisil ESG Ratings & Analytics Limited to 68 (Strong) for FY 2025-26, an increase from 63 in FY 2024-25. The company's core ESG score also rose to 64 from 57. Notably, Crisil prepared this rating independently based on publicly available data, and Maruti Suzuki did not engage their services for this assessment.
Silicon Rental Solutions Fixes Sep 21 Record Date for 10% Final Dividend
Silicon Rental Solutions Ltd has announced September 21, 2026, as the record date for determining shareholder eligibility for the payment of a final dividend. The proposed dividend is 10%, equivalent to Re. 1/- per equity share, for the financial year 2025-26. This dividend is subject to declaration at the company's 10th Annual General Meeting, scheduled for September 28, 2026. The record date ensures that only shareholders registered by this date will be entitled to receive the dividend if approved.
Venus Pipes & Tubes Re-appoints Directors for 5 Years
Venus Pipes & Tubes Ltd announced the re-appointment of key directors following its 12th Annual General Meeting held on September 11, 2026. Mr. Arun Axaykumar Kothari has been re-appointed as Chairman and Managing Director, and Mr. Megharam Sagramji Choudhary and Mr. Dhruv Mahendrakumar Patel as Wholetime Directors, all for a further period of five years from September 14, 2026, to September 13, 2031. Additionally, four Independent Directors, Mr. Kailash Nath Bhandari, Mr. Shyam Agrawal, Mr. Pranay Ashok Surana, and Mrs. Komal Lokesh Khadaria, have been re-appointed for their second terms of five years, commencing October 19, 2026, up to October 18, 2031. These re-appointments ensure continuity in leadership and strategic direction for the company.
SMC Subsidiary Pulin Comtrade Settles SEBI NSEL Case for ₹9.1 Lakhs
SMC Global Securities Ltd's wholly-owned subsidiary, Pulin Comtrade Limited (formerly SMC Comtrade Limited), has received a Settlement Order from the Securities and Exchange Board of India (SEBI). This order pertains to settlement applications filed under the National Spot Exchange Limited (NSEL) Settlement Scheme 2025. The settlement involves a voluntary debarment from trading in a proprietary capacity and from taking up new clients in the commodity segment for six months, along with a payment of ₹9,10,780. The violation stemmed from facilitating transactions related to paired contracts on NSEL, which were found to be in contravention of the applicable regulatory framework.
Maple Infrastructure Trust: Sponsor Group Sells Units Worth ₹27,025 Cr
Maple Infrastructure Trust (MIT) has disclosed a material issue concerning the sale of units by its Sponsor Group entity, CDPQ Infrastructures Asia III Inc. The Sponsor Group sold 34,012,050 units, representing 7.19% of the total units, for a transaction value of INR 27,025,413,152. This sale was conducted off-market on September 11, 2026. Following the disposal, the Sponsor Group's holding in MIT has reduced to 177,289,950 units, accounting for 37.50% of the total units. This disclosure is made in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Maple Infrastructure Trust Unitholders Approve Borrowings from Axis Bank
Maple Infrastructure Trust (MIT) announced that its unitholders have approved the availing of borrowings from Axis Bank Limited. This approval was granted through a postal ballot conducted via remote e-voting, with the resolution passing with the requisite majority. The decision aligns with MIT's Leverage Policy. The voting results and scrutinizer's report, dated September 12, 2026, confirm the unitholders' consent to this financial move.
Dolphin Medical Services: MD, CEO and Directors Resign
Dolphin Medical Services Ltd announced the resignation of Mr. G V Mohan Prasad as Managing Director and CEO, and Mrs. M Lakshmi Sudha and Mr. Dwarakanath Madala as Directors. The resignations were noted and accepted by the Board of Directors during a meeting held on September 12, 2026. The Board expressed appreciation for their contributions. The effective date of resignation is immediate. No other material reasons for resignation were cited beyond professional commitments for Mr. Dwarakanath Madala.
Airfloa Rail to evaluate acquisition of KIN Railway business for ₹48 Cr
Airfloa Rail Technology Ltd has signed a Memorandum of Understanding (MOU) with Kin Railway Equipment Private Limited (KIN) to evaluate the acquisition of KIN's business in Coimbatore. The acquisition could be structured as a slump sale or asset purchase, with a total consideration of INR 48 Crores (exclusive of taxes). This potential acquisition is subject to satisfactory due diligence, valuation, regulatory approvals, and the execution of definitive agreements. The move aims to expand Airfloa Rail's operations and capabilities within the railway and transportation equipment sector. The transaction is currently in the evaluation stage.
Dolphin Medical Services: 3 Directors Resign
Dolphin Medical Services Ltd announced the resignation of three directors: Mr. G V Mohan Prasad (Managing Director & CEO), Mrs. M Lakshmi Sudha, and Mr. Dwarakanath Madala. The resignations were effective immediately and accepted by the Board of Directors during a meeting held on September 12, 2026. The Board expressed appreciation for their contributions.
Entero Healthcare subsidiary fined ₹12.9 Lakhs by GST
Entero Healthcare Solutions Ltd has informed the exchange that its subsidiary, ACE Cardiopathy Solutions Private Limited, has been levied a monetary penalty of ₹12,91,728 by the GST Authority in Uttar Pradesh. The penalty was for non-generation of E-Invoice. The amount has been paid under protest by the subsidiary to avoid further operational losses. Entero Healthcare stated that the matter pertains to a subsidiary and the amount is not material to the consolidated financial position. ACE Cardiopathy plans to pursue recovery or refund of the amount paid under protest through appropriate legal remedies.
Grand Foundry Board Meeting on Sep 17 to Consider NCDs for Tikona Infinet Acquisition
Grand Foundry Ltd has announced a Board of Directors meeting scheduled for September 17, 2026. The meeting will primarily consider a proposal for issuing Non-Convertible Debentures (NCDs) on a private placement basis. These NCDs are intended to fund the acquisition of shares in M/s Tikona Infinet Private Limited from its existing shareholders. Additionally, the board will discuss fundraising activities through equity shares or warrants, potentially via preferential allotment, subject to necessary approvals. The trading window for designated persons will be closed until 48 hours after the board meeting's outcome is declared.