BSE Ltd has entered into an agreement with MSCI for a number of their indexes. BSE will explore the launch of futures and options contracts in India linked to these indexes, subject to regulatory approvals. This strategic step anchors BSE’s role to further developing the Indian capital market.
The Reserve Bank of India has given approval to Life Insurance Corp (LIC) to raise its stake in HDFC Bank to up to 9.99%. The insurance major currently holds 4.11% stake in HDFC Bank .
The board of Aditya Infotech, makers of CP Plus surveillance cameras and other products, has approved an equity capital raise of up to ₹1,500 crore to fund its ongoing expansion and fortify its balance sheet. The company said the fundraise may be undertaken through one or more permissible modes, including a public issue, Qualified Institutional Placement (QIP) or a combination of these methods, subject to approval from shareholders and other regulatory and statutory authorities.
NIS Management Limited has been awarded a work order worth Rs 14.65 crore by Office of Chief Engineer (Patna), Building Construction Department for the Housekeeping, Operation & Maintenance Services for Officers Housing Premises at Gardanibagh, Patna. In a separate notification, the company said it also received a work order worth R s19,57 crore by from same institution.
Titagarh Rail Systems Limited has been included in the Approved Vendor category of Indian Railways for supply of 3-phase asynchronous traction motor type 6FRA-6068 for 3-phase locomotives, with an approved capacity of 1,200 numbers per annum for the Company, with effect from August 19. The approval is expected to further strengthen the Company’s presence in the locomotive equipment segment and enable it to participate in procurement opportunities for traction motors.
The Rights Issue Committee of the board of Quint Digital Ltd has approved the Letter of Offer along with the terms, timeline, and record date for its proposed Rights Issue. The company will issue up to 82,61,402 partly paid-up 10% Non-Cumulative Non-Participating Compulsorily Convertible Preference Shares (CCPS) alongside up to 82,61,402 partly paid-up detachable warrants, aggregating up to ₹90.88 crore. Initially, ₹50is payable on application for CCPS and the balance ₹50 in one or more calls within 60 months from allotment. Fully paid-up CCPS will compulsorily convert into 1 Equity Share after 60 months or on an earlier date determined by the Board. For warrants, ₹5 payable on application and the balance ₹5 upon conversion within 18 months from allotment. Fully paid-up Warrants convert into 1 Equity Share. Rights Entitlement Ratio has been fixed as 7 CCPS along with 7 detachable Warrants for every 40 fully paid-up Equity Shares held as on the Record Date (August 25).
Gravita India Ltd, a leading global recycling company, has announced its plans to add 59,200 Tonnes Per Annum (TPA) of copper recycling capacity at its Mundra, Gujarat facility. The proposed copper recycling capacity will be primarily involved in the processing of copper bearing recyclable materials, enabling the Company to recover copper and other valuable materials through its recycling capabilities. The planned capacity addition will also serve as a backward integration initiative for the proposed Mandvi plant in Gujarat, strengthening the Company’s raw material sourcing and processing capabilities and creating greater operational integration across its copper recycling value chain. The proposed capacity addition is expected to be commissioned in phases by March 31, 2029.
Ramco Systems Corporation, USA (RSC), a subsidiary of Ramco Systems Limited, announced that Pem-Air, an FAA and EASA-certified engine MRO services and accessory repair provider, has selected Ramco Aviation Software as the technological foundation for its engine MRO operations. Pem-Air has been rapidly growing, adding support for larger engine platforms such as the GE90 and Trent 700, as well as next-generation engines, including CFM LEAP. Ramco Aviation Software will power operations across this expanded engine portfolio as Pem-Air meets the demands of tomorrow’s fleets.
HEG Ltd, a leading global manufacturer of graphite electrodes and part of the LNJ Bhilwara Group, has announced that the National Company Law Tribunal, Indore Bench, has approved the Composite Scheme of Arrangement amongst HEG Limited, HEG Graphite Limited and Bhilwara Energy Limited. With this approval and subject to other regulatory approvals, HEG enters the execution phase of a transformational restructuring that will result in two independently listed companies, each with a distinct strategic mandate, focused leadership and its own capital structure. The restructuring is designed to unlock long-term value for shareholders by giving investors direct and differentiated exposure to a mature, cash-generative graphite electrode business on the one hand, and a fast-scaling growth platform focused on advanced materials, battery energy solutions and renewable energy on the other.
Strides Pharma Science has announced that its flagship manufacturing facility in Bengaluru, India, has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA), indicating the successful closure of the inspection conducted at the facility. The USFDA had conducted a current Good Manufacturing Practices (cGMP) inspection of the facility from May 12 to May 20, 2026. As previously disclosed to the stock exchanges on May 20, 2026, the inspection concluded with the issuance of a Form 483 that contained five observations. The Company submitted a comprehensive response addressing all observations within the stipulated timeline.
Cellecor Gadgets Ltd, one of India’s fastest-growing homegrown consumer electronics brands, has taken a strategic step towards establishing its first manufacturing footprint outside India. The Company’s overseas step-down subsidiary has entered into Preliminary Heads of Terms with the Liberia Special Economic Zone Development Company (LSEZDC) for a proposed manufacturing and assembly facility in the Buchanan Special Economic Zone, Grand Bassa County, Liberia.
Ceigall India Ltd has strengthened its footprint in the Northeast further, with its joint ventures securing five Letters of Acceptance (LOAs) from the Ministry of Road Transport & Highways (MoRTH) worth a combined bid cost of ₹2,423.70 crore for road construction on NH-913 (Frontier Highway) in Arunachal Pradesh – all within a span of two days. The latest award, received, is for a ₹274.08 crore EPC package covering construction of the road from km 17.812 to km 55.377 (Package-2) of the Bile-Migging section of NH-913, to Intermediate Lane standards. The project has been awarded to the joint venture between Ceigall India and Rajinder Infrastructure Private Ltd, in which Ceigall India holds a 70% stake and Rajinder Infrastructure holds the remaining 30%. The project carries a 48-month construction period, followed by a five-year maintenance period.
Dr Lal PathLabs has informed the exchanges that its wholly owned Dubai-based subsidiary, Dr Lal PathLabs FZCO, has incorporated a new company, Dr Lal PathLabs Indomed LLC, in Tashkent, Uzbekistan, on August 19. The subsidiary will subscribe to 70% of the share capital of the newly incorporated entity.
EMS Limited has secured Lowest Bidder (L-1) status for a major water supply augmentation project awarded by the Public Health Engineering Department, Government of Rajasthan, under the AMRUT 2.0 scheme. The estimated total value of the contract, including GST, is approximately ₹19,086.27 Lakhs (₹190.86 Crore).
Mukand Limited has received ₹59.29 crore from AGP DC Infra Private Limited as the second tranche of part consideration for the sale of its land situated at Kalwa, Thane.
Autoline Industries, a leading automotive component manufacturer, has secured a new business award from Tata Motors Passenger Vehicles Ltd for the supply of four critical components for hatchback applications. Following the scheduled programme ramp-up and subject to customer production schedules and actual requirements, the business is expected to generate annual incremental revenue of approximately ₹80 crore. The associated tooling is expected to contribute one-time revenue of approximately ₹30 crore.
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Published on August 20, 2026
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