Market & News

DIC India Limited announced that the resignation of Manish Bhatia from the position of Managing Director and CEO has become effective from the close of business hours on August 29, 2026. Bhatia initially tendered his resignation on June 2, 2026, which was accepted by the board on the same date, and he will continue to support the company during the transition period until his departure.

Finolex Cables Limited announced that its 58th Annual General Meeting will be held on September 28, 2026, at 12 noon via video conferencing and other audio-visual means. The company's board previously recommended a dividend of 450%, or Rs 9 per equity share, for the financial year ended March 31, 2026, subject to shareholder approval at the AGM, with a record date of September 4, 2026, and payment expected on or before October 27, 2026.

The company announced several key decisions following a board meeting, including the appointment of Mr. Joga Singh and Mr. Vineet Gupta as directors, with brief profiles outlining their experience in the power sector, environmental management, finance, and accounting. Additionally, the board appointed M/s. C S Arora & Associates as Statutory Auditors and M/s. Baldev Arora & Associates as Secretarial Auditors, both for a five-year term commencing April 1, 2026, subject to member approval. Detailed information regarding these appointments, including their backgrounds and qualifications, is provided in Annexures A, B, and C.

Jattashankar Industries Limited will convene a board meeting on Wednesday, September 2, 2026, at 3:00 P.M. to consider and approve a proposal for the sub-division or split of the company's equity shares, subject to shareholder approval and other statutory and regulatory approvals.

Federal Bank announced the allotment of 17,264 equity shares under its ESOS 2010 Scheme, 1,23,653 equity shares under its ESOS 2017 Scheme, and 2,970 equity shares under its ESIS 2023 Scheme, all with a face value of Rs 2 each, to option grantees on August 30, 2026, as approved by the Nomination, Remuneration, Ethics and Compensation Committee.

NDL Ventures Limited has set Tuesday, September 15, 2026, as the record date to determine eligible members for e-voting participation in the 41st Annual General Meeting and for entitlement to a final dividend of Re. 0.50 per equity share for the fiscal year 2025-26.

JYOTI RESINS AND ADHESIVES LTD announced on August 29, 2026, the appointment of Ms. Margi N. Shah as Company Secretary and Compliance Officer, effective August 29, 2026, following a meeting of the Board of Directors that commenced at 7:15 P.M. and concluded at 7:40 P.M.

Jindal Leasefin Limited will hold its 32nd Annual General Meeting on September 29, 2026, at 5:00 p.m. at Kejriwal Farm House in Delhi, and has set September 22, 2026, as the cut-off date for determining eligible voters, with the Register of Members and Share Transfer Books remaining closed from September 23, 2026, to September 29, 2026.

Karnataka Bank Ltd. has fixed September 15, 2026, as the record date for the purpose of payment of dividend, according to a regulatory filing with the National Stock Exchange of India Limited and BSE Limited. The dividend payment, subject to shareholder approval at the bank’s 102nd Annual General Meeting on September 22, 2026, will be effected on or after September 29, 2026.

Marg Techno Projects Limited will hold a meeting of its Board of Directors on September 3, 2026, to approve the Directors Report for the financial year ended March 31, 2026, appoint Mr. Harsh Chauhan as an Additional Non-Executive Independent Director for five years, re-appoint Shri Pankaj Jadhav and Smt. Deepa Nair as Independent Directors for a second term, and to consider the voluntary delisting of its equity shares from the Metropolitan Stock Exchange of India Limited.