Market & News

Panasonic Energy India Co. Ltd. announced September 14, 2026, that its members approved a proposal to shift the company's registered office from GIDC, Makarpura, Vadodara, Gujarat, India - 390010 to Plot No. 112, Industrial Area, Sector 3, Pithampur, District Dhar, Madhya Pradesh, India – 454 774, subject to regulatory approvals, and to alter Clause II of its Memorandum of Association to reflect the change from the “State of Gujarat” to the “State of Madhya Pradesh.”

TRF Limited announced changes to its senior management, effective September 15, 2026, including the cessation of Mr. Abhijeet Singh as Chief Human Resources Officer, who will take up another assignment in Tata Steel Group, and the appointment of Ms. Shubhra Singh as Chief Human Resources Officer, currently serving as Head - HRBP, Tubes Division, Tata Steel Limited.

HFCL Limited announced that its Board of Directors has approved an expansion of its Optical Fiber, Optical Fiber Cable, and Preform manufacturing capacities, involving a total capital expenditure of Rs 820 crore. This expansion, in addition to previously approved investments, will increase HFCL’s Optical Fiber capacity to 43.10 million kilometers, Optical Fiber Cable capacity to 62.00 million kilometers, and establish a Preform manufacturing capacity of 600 metric tons annually. The move is driven by growing demand for optical communication products, particularly from hyperscale data centers, AI infrastructure, and telecom network modernization, and is expected to be funded through a mix of internal accruals, warrants, and borrowings.

Mahanagar Telephone Nigam Limited (MTNL) informed the Bombay Stock Exchange and National Stock Exchange of India that the trading window for its designated persons and their immediate relatives will be closed from October 1, 2026, until 48 hours after the declaration of the company’s unaudited reviewed financial results for the quarter ended September 30, 2026, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Bharat Heavy Electricals Limited announced that its board approved a further equity investment of Rs 65 crore in NTPC BHEL Power Projects Private Limited (NBPPL), a joint venture with NTPC Limited, in one or more tranches. NBPPL, incorporated in April 2008, has a turnover of Rs 1.04 crore for the fiscal year 2025-26 and is involved in executing EPC contracts for power plants and manufacturing power plant equipment; the investment is intended to enable settlement of urgent liabilities and maintain NBPPL as a going concern.

CMI Limited will hold the Forty-Eighth (48th) meeting of its Committee of Creditors (“CoC”) on Tuesday, September 15, 2026, as announced pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bodal Chemicals Limited clarified that a social media post claiming the company was merging with a private entity to expand operations is "completely fake and baseless," stating that no such amalgamation is under consideration by the management. The company also confirmed it has no relation to the social media handles disseminating the false information and adheres to disclosure requirements under the SEBI (LODR) Regulations, 2015.

Artificial Electronics Intelligent Material Limited, formerly Datasoft Application Software India Limited, will hold a board meeting on Thursday, September 17, 2026, to consider and approve a proposal for raising funds through a rights issue of equity shares, according to a regulatory filing with the BSE Limited on September 14, 2026. The trading window for company securities will be closed for designated persons and their immediate relatives from September 14, 2026, until 48 hours after the board meeting’s conclusion.

Promact Plastics Limited, formerly Promact Impex Limited, announced that shareholders approved the appointment of M/s. Kashyap R. Mehta & Partners as Secretarial Auditors for five consecutive years from financial year 2026-27 to 2030-31, and appointed Prakashchandra D. Patel and Babubhai H. Patel as Independent Directors for five-year terms beginning July 29, 2026, at the company’s 42nd Annual General Meeting held September 14, 2026.

Choksi Laboratories Limited will hold a meeting of its Board of Directors on September 19, 2026, to consider and approve a proposal for raising funds through the issue of equity shares and/or other equity-linked or convertible securities, including warrants, via a preferential issue or other permissible modes, subject to member and regulatory approvals.