Market & News

Maharashtra Scooters Limited will hold a board meeting on Tuesday, September 15, 2026, to consider the declaration of an interim dividend for the financial year ending March 31, 2027, the company said in a filing.

Raymond Limited announced that its board approved a fundraise of up to Rs 214.71 crore through the issuance of 33,28,686 convertible warrants to Minerva Ventures Fund at an issue price of Rs 645 per warrant, including a premium of Rs 635 per warrant. The warrants, issued on a private placement basis, will be convertible into one equity share with a face value of Rs 10 each, and the conversion period will not exceed 18 months.

Siemens Limited announced that Aditya Ramkrishna will be appointed as the Head of the company’s Digital Industries business, effective October 1, 2026, while Suprakash Chaudhuri will cease to be Interim Head of the Digital Industries business on September 30, 2026, and will continue as Executive Vice President & Head of Digital Industries for Asia Pacific.

Zenith Steel Pipes & Industries Limited informed the Bombay Stock Exchange and National Stock Exchange of India that its Register of Members and Share Transfer Books will be closed from September 24, 2026, to September 30, 2026, for the purpose of its 64th Annual General Meeting scheduled to be held on September 30, 2026.

Marathon Nextgen Realty Limited convened meetings of its equity shareholders and unsecured creditors on Monday, September 7, 2026, to approve a composite scheme of amalgamation and arrangement involving Matrix Water Management Private Limited, Sanvo Resorts Private Limited, Marathon Realty Private Limited, Matrix Enclaves Projects Developments Private Limited, Matrix Land Hub Private Limited, Marathon Nextgen Realty Limited, and Marathon Energy Private Limited, as directed by the National Company Law Tribunal, Mumbai Bench. Voting on the scheme was conducted via remote e-voting and during the meetings, with results and a report from Scrutinizer Bhumika Sidhpura to be submitted to the Tribunal and stock exchanges.

Kesar Enterprises Limited announced that its board of directors approved the sale of its Sugar, Distillery and Cogen Divisions located in Baheri, District – Bareilly, Uttar Pradesh, to Avadh Foods and Multi Warehouse Private Limited on a slump sale basis for Rs 431 crores, subject to shareholder approval and other conditions. The transaction, which does not involve any related parties, is expected to be completed on or before June 15, 2027, and requires a special resolution from shareholders. Avadh Foods and Multi Warehouse Private Limited, incorporated on March 6, 2026, is described as an unrelated third party involved in non-specialized retail trade and warehousing activities.

Addi Industries Limited said its board approved the appointment of M/s Rawal & Co. as the company’s Secretarial Auditor for five consecutive years, commencing from fiscal year 2026-27 to fiscal year 2030-31, subject to shareholder approval. The board also approved the company’s annual report for the financial year ended March 31, 2026, and fixed September 30, 2026, as the date for the 44th Annual General Meeting, which will be held via video conferencing or other audio-visual means. The company further announced a cut-off date of September 23, 2026, for shareholder voting rights and a remote e-voting period from September 27, 2026, to September 29, 2026.

Avishkar Infra Realty Limited informed the BSE Limited and MSEI Ltd that its board of directors approved the revised Annual Report at a meeting held on Tuesday, September 8, 2026, which will be circulated to members along with the Notice of the 43rd Annual General Meeting, noting no changes to the book closure, cut-off, and e-voting dates and timings.

MSL Global Limited, formerly known as Madhusudan Securities Limited, will hold its 43rd Annual General Meeting on Wednesday, September 30, 2026, at 11:30 A.M. (IST) through video conferencing, and the company’s Register of Members and Share Transfer Books will remain closed from Wednesday, September 23, 2026, to Wednesday, September 30, 2026, both days inclusive.

Century Extrusions Limited announced that its Board of Directors approved the terms of a rights issue to raise up to Rs 4500 Lakhs, following prior approvals on February 11, 2026, and April 24, 2026. The company has fixed September 15, 2026, as the record date for determining shareholders eligible to receive rights entitlements, and has made arrangements with NSDL and CDSL to credit the rights entitlements in dematerialized form with ISIN INE281A20018.