Market & News

Century Enka Ltd. shareholders approved the appointment of M/s. Singhi & Co. as statutory auditors for five years, commencing from the conclusion of the 60th Annual General Meeting on August 20, 2026. Additionally, the shareholders re-appointed Mrs. Rajashree Birla as a director liable to retire by rotation and re-appointed Mr. Suresh Sodani as Managing Director & CEO for a further period of two years, effective April 1, 2027, to March 31, 2029.

CG Power and Industrial Solutions Limited announced that its wholly-owned subsidiary, Axiro Semiconductor Private Limited, has completed the acquisition of 100% of Tosil Systems Private Limited for a consideration of Rs 16.44 crores, according to a regulatory filing on August 20, 2026. The acquisition involved Axiro acquiring 500,000 equity shares of Rs 10 face value each, making Tosil a wholly-owned subsidiary under Section 2(87) of the Companies Act, 2013.

Elgi Equipments Limited entered into a Share Subscription and Shareholder’s Agreement and Power Purchase Agreement with Constronics Energy Solution Private Limited, an entity incorporated on December 3, 2024, to acquire 18.01% of its share capital for Rs 1,61,70,000, according to a regulatory filing on August 20, 2026. The acquisition, which is expected to be completed on August 20, 2026, will enable Elgi Equipments to comply with minimum shareholding requirements under the Electricity Act, 2003, and secure renewable energy procurement for 25 years.

Gujarat Narmada Valley Fertilizers & Chemicals Limited announced the appointment of Dr. Mamata Biswal as an Additional Director (Independent Director, Non-Executive) effective August 20, 2026, with a term of three consecutive years subject to shareholder approval at the company’s Annual General Meeting. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors.

Jaykay Enterprises Limited’s Rights Issue Committee has approved the issuance of up to 2,05,71,642 partly paid-up equity shares at a price of Rs 75 per share, including a premium of Rs 74, payable in installments, for an aggregate amount not exceeding Rs 1,55,00,00,000. The rights entitlement ratio is three shares for every 19 shares held, with a record date of August 28, 2026, and the issue opening on September 7, 2026.

Zuari Industries Limited will hold its 58th Annual General Meeting on September 21, 2026, at 2:30 P.M. (IST) via video conferencing and other audio visual means, with September 14, 2026, set as the record date for determining eligibility to vote and for potential dividend payment related to the Financial Year 2025-26.

The Hi-Tech Gears Limited informed the National Stock Exchange of India Limited and BSE Limited that the next hearing regarding the continuation of an interim stay on the Corporate Insolvency Resolution Process has been adjourned to September 25, 2026, by the National Company Law Appellate Tribunal (NCLAT) in New Delhi. The NCLAT previously issued an order on April 20, 2026, and has directed the continuation of the interim stay, as per its order dated September 3, 2024, while Happy Forgings Ltd. and another entity are listed as respondents.

Huhtamaki India Limited announced the appointment of Ms. Akanksha Kandoi as Company Secretary and Compliance Officer, effective August 24, 2026, following a recommendation from the Nomination and Remuneration Committee and approval by the Board of Directors at a meeting held on August 19, 2026. Ms. Kandoi, who holds membership No: F6883, brings over 23 years of experience in corporate governance, secretarial, compliance, and regulatory matters.

Lord's Mark Industries Limited, formerly known as Lords Mark, India Limited and Kratos Energy & Infrastructure Limited, announced that an investor conference call organized by Financial Mindss (JaiBharti Capital Advisory Private Limited) was held on Wednesday, August 19, 2026, to discuss the company's business progress, operational developments, and Q1 FY27 performance updates, and the audio and video recording of the call has been uploaded to the company's website.

Kedia Constructions Company Limited informed the BSE that a discrepancy occurred in a corporate announcement filed on July 18, 2026, due to an inadvertent omission of Ms. Pooja Chaubey’s resignation letter, which was subsequently uploaded to the exchange. The company appointed Abhishek D. Rai as Company Secretary and Compliance Officer, effective July 18, 2026, while noting Ms. Chaubey’s resignation from the same post, also effective July 18, 2026, due to personal reasons.