Equity

Nestlé India Limited has entered into a Share Subscription and Shareholders’ Agreement to acquire a 26% equity stake, on a fully diluted basis, in Radiance KA Sunshine Seven Private Limited for Rs 7,61,25,000 to establish a captive renewable energy power plant, as announced on August 27, 2026. Radiance KA, a wholly owned subsidiary of Radiance Renewables Private Limited, reported a turnover of Rs 15.8 crore for the financial year ended March 31, 2026, and is engaged in the generation and sale of renewable energy.

Federal-Mogul Goetze (India) Limited, a Tenneco Group Company, declared an interim dividend of Rs 7.50 per equity share and a special dividend of Rs 86.50 per equity share, totaling Rs 94.00 per share, at a board meeting held on Thursday, August 27, 2026, with the record date set for Friday, September 4, 2026, and payment expected on or before Friday, September 25, 2026.

Gujarat Themis Biosyn Limited has closed its qualified institutions placement (QIP) on August 28, 2026, after opening it on August 25, 2026, according to a regulatory filing. The company’s Fund-Raising Committee approved an issue price of Rs 354 per equity share for 2,11,86,440 shares to be allotted to qualified institutional buyers, including a discount of Rs 18.57 on the floor price of Rs 372.57.

Hero MotoCorp Ltd. announced it has completed the purchase of 1,18,80,000 equity shares in Ather Energy Limited for a total consideration of approximately Rs 1,758 crore, increasing its shareholding in Ather to about 32.8% on a fully diluted basis.

Sudarshan Chemical Industries Limited announced the allotment of 8,781 equity shares with a face value of Rs 2 each to grantees who exercised options under the Sudarshan Employee Stock Option Plan 2018, according to a filing with the BSE Limited and National Stock Exchange of India Limited on August 28, 2026. The exercise price per share was Rs 349.35, with a premium of Rs 347.35, increasing the total issued shares to 7,96,16,857 and total issued share capital to Rs 15,92,33,714.

Newtrac Foods & Beverages Limited, formerly known as Markobenz Ventures Limited, will hold a board meeting on Tuesday, September 1, 2026, to discuss the notice for the Annual General Meeting, approve the Director Report for the financial year 2025-2026, and fix the date, place, and timing of the Annual General Meeting.

Himatsingka Seide Limited announced that its securities committee has allotted 500 Tranche 5 Series E unlisted, secured, redeemable, taxable, transferable non-convertible debentures, each with a face value of Rs 500,000, on a private placement basis, aggregating to Rs 25 crore. The debentures carry an interest rate of 11.50% per annum, payable quarterly, and will mature on February 28, 2030, with principal repayment in three installments.

Foseco Crucible (India) Limited, formerly known as Morganite Crucible (India) Limited, announced that its members approved a final dividend of Rs 12.50 per equity share with a face value of Rs 5 each for the financial year ended March 31, 2026, at the 41st Annual General Meeting held on August 26, 2026, with a record date of August 19, 2026.

Finolex Industries Limited will pay a final dividend of Rs 2 per equity share and a special dividend of Rs 0.75 per equity share, totaling Rs 2.75 per share for the financial year 2025-26, subject to shareholder approval at the 45th Annual General Meeting scheduled for September 22, 2026; the record date for the dividend is set as September 11, 2026.

Patel Engineering Limited announced the successful transfer of 84,95,040 equity shares, representing 32% of the issued and paid-up equity share capital, of its associate company ACP Tollways Private Limited to APCO Infratech Private Limited and Others for a consideration of Rs 55 crore, completing the disinvestment process initiated May 14, 2026. According to a regulatory filing, ACP’s turnover was nil, its net worth as of March 31, 2026, was Rs 26.02 crore, and its loss was Rs 12.73 crore, representing 0.59% and -4.32% respectively of Patel Engineering’s consolidated figures.