International commodity markets traded mixed, with energy prices outperforming while precious metals faced selling pressure.
Sical Logistics: Received a Letter of Acceptance from Central Coalfields for a contract valued at ₹535 crore.
Hero MotoCorp: Reported deliveries of 5,68,398 units during August 2026.
Sri Lotus Developers and Realty: Subsidiary appointed as the developer for a residential project in Mumbai.
Welspun Corp: Signed an MoU with Perma-Pipe to explore a joint venture for establishing pipe manufacturing facilities in Jordan; investment, ownership, capacity and implementation details will be announced later.
EMS: Emerged as the lowest bidder for a sewerage infrastructure project in Rajasthan valued at approximately ₹219 crore.
NMDC: Reported provisional iron ore production of 4.07 million tonnes and sales of 3.58 million tonnes for August 2026.
3i Infotech: Secured a ₹1.70 crore purchase order for the extension of an IT-managed services engagement.
Happiest Minds Technologies – ITC Infotech: Announced a merger aimed at creating a scaled, AI-first global technology services enterprise with a targeted revenue of $1 billion by FY28.
IC Electricals Company: Secured ₹6 crore in orders from Indian Railways divisions and a separate ₹1 crore export order, taking the combined order value to ₹7 crore.
ARSS Infrastructure Projects: Received a work order valued at ₹131 crore.
R&B Denims: Subsidiary Ricon Industries will commence polyester yarn production after investing approximately ₹25 crore as the initial capital outlay.
Indo Tech Transformers: Received a ₹55 crore Letter of Award for the supply of five transformers.
Aptech: Received a work order valued at ₹5.66 crore.
Coal India: Total coal supplies increased 5.5% year-on-year to 60.60 million tonnes in August; supplies to the power sector rose 4.5% to 48.46 million tonnes, while non-regulated sector supplies grew 9.6% to 12.12 million tonnes.
DCM Shriram: Commissioned the main aluminium extrusion plant at its Kota facility.
Antelopus Selan Energy: Received Government of India approval for the award of two contract areas.
ABHA Power and Steel: Received Research Designs and Standards Organisation approval for a railway product.
Gland Pharma: USFDA completed an inspection of the company’s Visakhapatnam facilities with zero observations.
Adani Green Energy: Subsidiary operationalised a 139 MW solar power project at Khavda, Gujarat.
Wipro: Renewed its digital workplace services contract with ABB for the latter’s global operations.
Fitch – Bharti Airtel: Fitch affirmed Bharti Airtel’s rating at ‘BBB-’ with a stable outlook.
Adani Ports: Subsidiary Astro Offshore incorporated a wholly owned subsidiary, Astro Offshore Mesa Company, supporting its offshore business structure.
KFin Technologies: Board approved the incorporation of a step-down subsidiary in the Philippines.
Renaissance Global: Subsidiary will make a strategic investment in Naman Trading FZC at a stated acquisition cost of $220,000 per share.
Telge Projects: Subsidiary will acquire a 100% stake in Wheaton Detailing Services.
Premier Energies: Approved an overseas direct investment of up to SGD 100,000, with an initial investment of SGD 10,000.
ITC: NCLT approved the amalgamation of Blazeclan Technologies and Cloudlytics Technologies with ITC Infotech India.
India Yamaha Motor: Advanced its strategic restructuring through the integration of YEIN.
Reliance Consumer Products: Entered India’s ice cream market with the launch of Bombay Creamery.
Blue Cloud Softech Solutions: Proposed the acquisition of CareTech AI through a share-swap transaction.
Sudarshan Colorants India: Income Tax Department concluded an inspection at the company’s offices and manufacturing units in Maharashtra; the company stated the exercise had no material impact on operations.
Capri Global Capital: Priced a $300 million secured bond with a three-year weighted-average life at a reoffer yield of 7.55%.
Eighty Jewellers: Approved the reappointment of Nikesh Bardia as Managing Director.
IndiaNivesh: Approved the reappointment of Rajesh Nuwal as Managing Director.
Bharat Textiles & Proofing Industries: Reappointed Ajeet Bhandari Kumar as Managing Director.
BCL Enterprises: Approved the reappointment of Mahendra Kumar Sharda as Managing Director.
Nanavati Ventures: Appointed Vipulbhai Vachheta as Chairperson and Managing Director with effect from September 1, 2026.
Emergent Industrial Solutions: Appointed Vikash Rawal as CEO for a five-year term.
7NR Retail: Appointed Jinjala Bharatbhai Babubhai as Chief Financial Officer.
Tandhan Industries: Board will consider raising funds through equity shares or other permissible instruments.
Pipan Oils: Board will consider fundraising through equity, convertible securities or other instruments, alongside a proposed split of preference shares.
Grand Oak Canyons Distillery: Board will consider issuing ₹207 crore of non-convertible preference shares on a preferential basis.
Advance Multitech: Approved the issuance of up to 40 million convertible warrants at ₹10 each, implying a potential fundraising of up to ₹40 crore.
Thinkink Picturez: Approved an FCCB issuance of up to $700 million.
Vishnu Prakash R Punglia: Board will consider fundraising through a preferential issue of warrants.
Samor Reality: Board will consider a split of the company’s equity shares.
G D L Leasing and Finance: Board will consider fundraising through a preferential issue of equity shares or convertible warrants.
Gujarat Themis Biosyn: Proposed issuing shares worth up to ₹335 crore.
Shipwaves Online: Approved a preferential issue of convertible warrants to raise up to ₹14.99 crore.
Kan Technologies: Approved the amalgamation of We-BileApps India, Hexagram and WebileApps Technology with the company.
Tipco Engineering India: Acquired industrial land in Satara, Maharashtra, for ₹7.15 crore.
Competition Commission of India (CCI): Approved TPG Nicobar SG’s acquisition of Aseem Infrastructure Finance and related transactions; also approved Kids Clinic India’s acquisition of Apollo Fertility Centre and Apollo Specialty Hospitals.
India–Pacific Islands: India reaffirmed its commitment to strengthening its partnership with Pacific Island countries.
India–US Economic Relations: Finance Minister Nirmala Sitharaman and US Treasury Secretary Scott Bessent committed to deepening bilateral cooperation, including critical minerals; Bessent was invited to New Delhi for the Economic and Financial Partnership later in 2026.
India Windfall Taxes: Government raised the windfall tax on petrol exports to ₹1.50 per litre from nil and on diesel exports to ₹25 per litre from ₹24, effective September 1; the levy on aviation turbine fuel exports was reduced marginally to ₹19 from ₹19.50 per litre.
Indian Equities: Benchmark indices ended marginally lower as higher crude oil prices and rising bond yields weighed on sentiment, with banking and automobile shares leading the decline.
India Government Bonds: The benchmark 10-year government bond yield closed higher at 6.9581%, compared with the previous close of 6.9452%.
Gold (Macro): Prices declined to a two-week low as rising US Treasury yields and a stronger dollar reduced demand for the precious metal.
Cotton: Prices fell amid profit-booking and pressure from a stronger US dollar.
London Cocoa: Prices retreated after touching a one-year high.
Strait of Hormuz: Two tankers carrying Saudi Arabian oil were reportedly attacked, heightening concerns over energy supply and maritime security.
Mahanadi Coalfields: Filed draft papers for an IPO comprising an offer for sale of up to 661.8 million shares by parent Coal India.
Reserve Bank of India (RBI): Appointed Suman Ray as Executive Director to oversee the Deposit Insurance and Credit Guarantee Corporation and Premises departments; published the status of applications received under the Citizens’ Charter as of August 31, 2026.
EPL: Promoter Epsilon Bidco, backed by Blackstone affiliates, exited EPL by selling its entire 26.38% stake comprising 8.44 crore shares for ₹2,032.33 crore at ₹240.57 each. Eight institutional investors collectively acquired 3.37 crore shares, representing a 10.5% stake in the company.
Happiest Minds Technologies: BNP Paribas Financial Markets sold 10.19 lakh shares through a bulk deal representing a 0.66% stake at ₹367.23 apiece, totaling approximately ₹37.42 crore.
Symbiotec Pharmalab: TIMF Holdings (owned by US-based Think Investments) acquired 3.77 lakh shares (0.58% stake) at ₹989.20 per share, valuing the deal at approximately ₹37.30 crore.
Wonder Electricals: Nexus Global Opportunities Fund purchased an additional 15 lakh shares (1.11% stake) for ₹12.12 crore at ₹80.84 per share.
SBFC Finance: HDFC Life Insurance Company acquired 73 lakh shares (0.65% equity stake) through a bulk deal at ₹101 per share, totaling approximately ₹73.73 crore.
Hatsun Agro Product: Promoter R G Chandramogan acquired 8.25 lakh shares (0.37% stake) from Ravi Kirti Shah at ₹1,192 apiece, totaling approximately ₹98.34 crore.
Manaksia Steels: Prudent Equity Ace Fund purchased 6.15 lakh shares (0.93% stake) at ₹103.83 per share, valuing the deal at approximately ₹6.38 crore.
Securities Trading Ex-Dividend (September 2, 2026): Black Rose Industries Ltd, Chemfab Alkalis Ltd, Compucom Software Ltd, Dr Agarwals Eye Hospital Ltd, GAIL (India) Ltd, Geekay Wires Ltd, Gujarat Pipavav Port Ltd, Kovilpatti Lakshmi Roller Flour Mills Ltd, Magna Electro Castings Ltd, NTPC Ltd, Tribhovandas Bhimji Zaveri Ltd, Triveni Turbine Ltd, Uni Abex Alloy Products Ltd.
Securities Trading Ex-Spin Off / Demerger (September 2, 2026): India Glycols Ltd.
Securities Under F&O Ban (September 2, 2026): SAIL, LICHSGFIN.
