Market & News

Britannia Industries Limited announced that Susheel Navanale will retire as Chief Information Officer on September 30, 2026, and appointed Rejin Surendran as Chief Digital and Information Officer (Designate) effective September 1, 2026, with Mr. Surendran assuming the role officially on October 1, 2026. Prior to joining Britannia, Mr. Surendran held the position of Global Chief Information Officer at Wipro Enterprises Private Limited and previously worked at Coca-Cola and Unilever, bringing over 24 years of experience in digital and technology transformations.

CG Power and Industrial Solutions Limited announced the appointment of Mr. Samit Khanna as Vice President - Consumer Products, effective September 1, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Ltd.

Deepak Fertilisers And Petrochemicals Corporation Limited announced changes to its senior management team, appointing Mr. Amir Alvi as “President - Manufacturing Operations” and redesignating Mr. Pandurang Landge as “President - Manufacturing Excellence & Technology Development,” both effective September 1, 2026. Mr. Alvi previously held leadership roles at Coromandel International Ltd. and Tata Chemicals Limited, while Mr. Landge brings 44 years of experience including a career with Rashtriya Chemicals & Fertilizers (RCF) and a period in Saudi Arabia.

Elgi Equipments Limited announced the appointment of Mr. Vikas Thiruvalluru, President and Head - GPMO, as Senior Management Personnel, effective September 1, 2026, according to a regulatory filing with the National Stock Exchange of India Limited (NSE) and BSE Limited.

The India Cements Limited will hold a board meeting on Saturday, October 17, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ending September 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited. The trading window for company securities will be closed for designated persons and their immediate relatives from October 1, 2026, until October 19, 2026, following the declaration of financial results.

M M Rubber Company Limited informed the Bombay Stock Exchange that its Register of Members and Share Transfer Books will be closed from September 18, 2026, to September 24, 2026, both days inclusive, for the purpose of the 60th Annual General Meeting.

NOCIL Limited announced the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as its statutory auditors for a five-year term, commencing from the conclusion of the company’s 65th Annual General Meeting in July-August 2027 and concluding at the 70th Annual General Meeting in fiscal year 2031-32, subject to member approval. The appointment follows a recommendation from the company’s Audit Committee, and Kalyaniwalla & Mistry LLP will continue as statutory auditors until the conclusion of the 65th AGM.

Indo National Limited informed the National Stock Exchange of India Limited and BSE Limited that Binu Sekhar has resigned from the position of Chief Sales Officer (CSO) of the company, effective September 1, 2026, due to personal reasons.

Informed Technologies India Limited will close its register of members and share transfer books from September 19, 2026, to September 25, 2026, for its 68th Annual General Meeting, according to a regulatory filing with the BSE Limited. The record date for the book closure is September 18, 2026.

Majestic Auto Limited has infused a total of Rs 75,79,00,000 into Sharan Hospitality Private Limited (SHPL) as part of a resolution plan approved by the Supreme Court, according to a filing on September 1, 2026. The infusion includes Rs 40,00,00,000 through the allotment of 5,00,000 equity shares and 35,00,00,000 non-convertible debentures, and an additional Rs 35,79,00,000 through the allotment of 35,79,00,000 non-convertible debentures. The company plans to further infuse Rs 29,28,00,000 via an inter-corporate deposit and receive 50,00,000 bonus redeemable preference shares, ultimately transferring the securities to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund.