Impact Events
Vardhman Polytex Settles with Operational Creditor
Vardhman Polytex Limited has reached an amicable settlement with M/s. Bhagwati Cotton Company, an operational creditor. This resolves the application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, before the National Company Law Tribunal, Chandigarh Bench. The company will proceed with the terms of the mutual understanding. Further material developments will be communicated to the stock exchanges.
Shreeji Translogistics: Promoter Group Buys 28,994 Shares
Mrs. Chandrika Rajnikant Shah, a member of the Promoter Group of Shreeji Translogistics Limited, has purchased 28,994 shares representing 0.04% of the company's total capital. The transaction, executed via the open market on November 11, 2026, increased her total shareholding to 1,98,506 shares, which amounts to 0.28% of the total capital. The total equity share capital of the company remains Rs. 13,97,67,000/-.
Orient Green Power H1 FY27 Profit ₹106 Cr, EBITDA Margin 76%
Orient Green Power Company Limited (OGPL) announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. For H1 FY27, the company reported a consolidated EBITDA of ₹177 Cr (up 4% YoY) and a net profit of ₹106 Cr, despite a lower profit compared to the previous year due to a ₹16 crore one-time gain in H1 FY26. Total income for H1 FY27 was ₹233 Cr (up 2% YoY), with an industry-leading EBITDA margin of 76%. Key business highlights include the commissioning of 17.6 MW of solar capacity, fulfilling a rights issue objective, and nearing completion of a repowering project. The company also entered an EPC contract for 6.6 MW of wind power expansion. Credit ratings for material subsidiaries were upgraded to BBB by CRISIL and BBB by ICRA.
Kreon Finnancial Services Launches StuCred for Startups
Kreon Finnancial Services Limited, through its brand StuCred, has launched "StuCred for Startups". This initiative aims to empower college students by supporting their entrepreneurial aspirations. The program will provide access to experienced mentors, practical business guidance, and opportunities to present business ideas. StuCred, which has an established digital lending platform and a large community of college students, sees this as a natural extension of its student empowerment mission. The initiative targets undergraduate and postgraduate students interested in entrepreneurship, student innovators, and early-stage student ventures. It aims to encourage entrepreneurial thinking, assess idea feasibility, provide industry exposure, and support business model development. The company has not assigned a monetary market-size estimate to this initiative, focusing on the broader education and entrepreneurship ecosystem in India.
TACC Ltd Signs MoU for Anode Material Supply
TACC Limited, a wholly owned subsidiary of HEG Advanced Materials Ltd, has signed a non-binding Memorandum of Understanding (MoU) with a global lithium-ion cell manufacturer. The MoU outlines a proposed long-term supply of up to 40,000 tonnes of synthetic graphite-based Anode Active Material (AAM) for electric mobility applications. The collaboration also includes exploring research and custom development of next-generation battery materials for faster charging and higher energy density. This agreement signifies a significant step for TACC in the global energy transition and aims to build a resilient battery materials value chain.
Ganesha Ecoverse Ltd Clarifies Trading Window Closure Date
Ganesha Ecoverse Ltd has issued a clarification regarding the trading window closure date for its board meeting on November 14, 2026, which will approve the Unaudited Standalone and Consolidated Financial Results for the half-year ended September 30, 2026. The company corrected a typographical error, stating the trading window was closed from October 1, 2026, not July 1, 2026, as previously mentioned. The window will remain closed until 48 hours after the financial results announcement.
Shreeji Translogistics: Chandrika Shah Buys 28,994 Shares
Chandrika Rajnikant Shah, a member of the promoter group of Shreeji Translogistics Limited, has purchased 28,994 shares, representing 0.04% of the total share capital. The acquisition was made through the open market. Following this purchase, her total holding in the company increased from 0.24% to 0.28%. The total equity share capital of the company remains unchanged at Rs. 13,97,67,000/-.
Kreon Financial Services Sells 82,503 Shares of Kairosoft AI Solutions
Kreon Financial Services Ltd has sold 82,503 shares of Kairosoft AI Solutions Ltd, representing 0.70% of the total capital. The transaction, conducted via Open Market, resulted in Kreon Financial Services Ltd's holding decreasing from 18.33% (2,168,550 shares) to 19.03% (2,251,053 shares). The total equity share capital of Kairosoft AI Solutions Ltd remains at Rs. 1,18,29,560/- (1,18,29,560 Equity Shares of Rs. 1/- each).
Adani Enterprises signs MoU with Codelco for Chile copper exploration
Adani Enterprises Ltd's subsidiary, Kutch Copper Ltd (KCL), has signed a Memorandum of Understanding (MoU) with Chile's state-owned copper giant, Corporación Nacional del Cobre de Chile (Codelco). This strategic partnership aims to explore the Kaburkaala copper project in Chile's Antofagasta Region. The MoU outlines terms for a potential exploration partnership, linking Chilean copper resources with Adani's integrated copper smelter complex in Mundra, India. This move is seen as a significant step for Adani in building a globally diversified copper value chain and securing long-term access to a mineral crucial for electrification and the energy transition. For Codelco, it's a way to create value from its exploration portfolio through public-private partnerships.
HFCL Secures INR 834.36 Cr Export Orders for Optical Cables
HFCL Ltd has announced securing significant export orders worth approximately INR 834.36 crore (USD 88.94 million) for the supply of optical fiber cables. These orders were obtained through its wholly-owned overseas subsidiary from a prominent international customer. The company highlighted that these orders underscore the trust customers place in its manufacturing capabilities, technological expertise, and product quality. The execution of these contracts is scheduled to be completed by June 2027. This development is considered to be in the normal course of business for HFCL.
Waaree Energies Clarifies US Trade Commission Solar Import Report
Waaree Energies has issued a clarification regarding a news article about its submission to the US International Trade Commission (USITC) concerning solar import origins. The company states the investigation covers the entire Indian solar industry, not just Waaree, and that no penalty or liability has been assessed against the company. The article quoted a difference in how the country of origin was reported on past shipments, where Waaree declared modules as Indian-origin based on Indian rules, while US Customs used the cell manufacturing country for duty purposes. This affected a limited number of historical shipments. Waaree reiterates that no new admissions have been made and that this is the same matter previously disclosed to stock exchanges. US Customs confirmed Waaree did not ship modules made with Chinese cells to the US, and their findings on AD/CVD duty liability are limited to a small set of past shipments, with no new financial or operational impact. The rationalization of the order book, also mentioned in the article, was a prudent reassessment of direct-export contracts due to general US trade measures, not specific to the CBP proceeding.
Edelweiss Director Resigns, Seeks Promoter Reclassification
Edelweiss Financial Services Ltd announced the resignation of Promoter Director Mr. Venkatachalam Ramaswamy from the Board of Directors and as Vice Chairman, effective November 11, 2026. The resignation is to pursue personal and professional goals. Concurrently, Mr. Ramaswamy and Ms. Aparna T. C. have requested reclassification from 'Promoter / Promoter Group' to 'Public' category. The company will place this request before the Board for consideration, subject to stock exchange and member approvals. Technical issues caused delays in the official receipt of resignation and reclassification request emails.
Edelweiss Director Resigns, Seeks Promoter Reclassification
Edelweiss Financial Services Ltd announced the resignation of Promoter Director Mr. Venkatachalam Ramaswamy from the Board of Directors and as Vice Chairman, effective November 11, 2026. The resignation is to pursue personal and professional goals. Concurrently, the company received a request from Mr. Ramaswamy and Ms. Aparna T. C. for reclassification from 'Promoter/Promoter Group' to 'Public' category, as per SEBI LODR regulations. The reclassification request will be placed before the Board for consideration, subject to stock exchange no-objection and member approval.
IIFL Finance to hold EGM on Dec 4, 2026 for share capital changes
IIFL Finance Limited has announced an Extra-Ordinary General Meeting (EGM) to be held on Friday, December 04, 2026, at 11:00 a.m. IST. The meeting will be conducted via Video Conferencing/Other Audio Visual Means. The primary agenda is to consider and approve the re-classification and increase of the company's authorized share capital. The authorized share capital is proposed to be increased from INR 971,05,00,000 to INR 5621,05,00,146. The cut-off date for determining eligible members for electronic voting is November 27, 2026. The notice of the EGM has been disseminated through the company's website and stock exchange portals.
Associated Ceramics Board Meeting on Nov 14 to Approve Un-audited Quarterly Results
Associated Ceramics Ltd has announced that its Board of Directors meeting is scheduled for November 14, 2026. The meeting will be held at the Factory Office in Dhanbad. The primary agenda is to consider, approve, and take on record the Un-Audited Standalone Financial Results for the quarter and half-year ended September 30, 2026, in compliance with SEBI (LODR) Regulations, 2015.