1material signals today 170IPOs 66buybacks 19OFSNSE · IST

Signals

01:33RCOMAction(s) taken or orders passedCritical
23:01PANACHEPress release dated October 23, 2026, titled "Press Release with respect to financial results for the quarter…
22:53RAYMONDRELPreferential allotment approvedMajor
22:53IDEAFORGETermination of Joint Venture Agreement between ideaForge Technology Inc.(wholly-owned subsidiary of ideaForge…
21:59SISHas informed that 3,28,540 equity shares of face value of Rs. 5/- each have been extinguished pursuant to the…Special Situation
21:57NETWORK18Merger announced
21:05NATCOPHARMApproval of allotment of 17058082 Equity shares pursuant to Rights Issue by the Fund-Raising Committee at its…
20:55TRUALTPress release dated October 23, 2026, titled "TruAlt Bioenergy Delivers Strong H1 FY27 Growth; Revenue rises…Major
20:48SETCOFinancial results for the period ended Jun 30, 2026Major
20:42OFSSPress release dated October 23, 2026, titled "Press release on the financial results for the quarter and half…Major
20:33ACMESOLARUpdate on commissioning of Battery Energy Storage System (BESS) Project at Rajasthan
20:32TRIVENIPTPress release dated October 23, 2026, titled "Press Release for Financial Results Q2 & H1 FY27"
20:28PANACHEAllotment of 160300 equity shares of Rs 10/- each pursuant to conversion of warrants on October 23, 2026
20:12KISSHTAllotment of 26493882 securities pursuant to Preferential Issue at its meeting held on October 23, 2026
20:05ASMSBoard of Directors at its meeting held on October 23, 2026, has decided to issue equity shares on rights…
19:56AEROENTERAcquisition announcedMajor
19:52CROMPTONAction(s) taken or orders passed
19:48TRENTBusiness divestment announced
19:40SHAKTIPUMPEarnings and operational update for the quarter and half year ended September 30, 2026
19:38UTIAMCFinancial results for the period ended September 30, 2026Major

Latest

Material developments from NSE, interpreted by CapitSignal.

Today

Monday, 21 September 2026

Today Yesterday 7 days

30Material events 3Earnings 6Business 9Capital 4M&A 1Governance 3Regulatory 4Distress

Race Eco Chain LimitedRACE19:09MixedMinor

Race Eco Chain receives no-adverse-observation letters for three-way demerger scheme

Update 2 of 2 in a matter ongoing since 10 Sept 2025Procedural

M&Amerger

As filed

Race Eco Chain Limited has informed the Exchange about Receiving the Observation Letter for Draft Composite Scheme of arrangement between Race Eco ChainLimited ( RACE/ Demerged Company ) and Geoeco Gr

Why it matters

CapitSignal interpretation

The exchange observations allow the proposed restructuring to proceed through subsequent approval stages, but do not constitute final approval. The company must meet specified disclosure, compliance, financial-information and liability-transfer conditions.

What happened

Fact

Race Eco Chain received observation letters with no adverse observations from BSE and NSE for its proposed composite scheme involving Geoeco Green Energy and Race Gateway. The scheme would transfer Race Eco’s Biomass Division liabilities to Geoeco and its Restore Bag Division liabilities to Race Gateway, subject to regulatory and other approvals.

Watch next

Fact

NCLT and shareholder approval process for the scheme
Required disclosures on enforcement actions, if any, before NCLT and shareholders
Completion of liability transfers for the Biomass and Restore Bag divisions

Full analysis Company memory

Rays of Belief LimitedMOMSBELIEF19:06ImprovingNotable

Mom’s Belief acquires New York pediatric provider City Pro Group

M&Aacquisition

As filed

Rays of Belief Limited has informed the Exchange regarding a press release dated September 21, 2026, titled "Press release- Rays of Belief Ltd (Mom s Belief) Expands U.S. Developmental Care Platform w

Why it matters

CapitSignal interpretation

The acquired business’s stated FY25 revenue exceeds Rays of Belief’s reported FY26 consolidated revenue, making the transaction potentially significant for group scale as the businesses are integrated. It also establishes a U.S. operating platform and adds Early Intervention and special-education capabilities.

What happened

Fact

Rays of Belief completed the acquisition of 100% of City Pro Group Inc. through wholly owned subsidiary Mom’s Belief US Inc. Effective September 18, 2026, City Pro Group became a step-down wholly owned subsidiary, adding a New York pediatric Early Intervention and special-education platform.

100%Stake acquired
acquisition of City Pro Group Inc.
US$11.43 million (~₹97.27 Cr)City Pro Group FY25 revenue
reported FY25 revenue
₹81.66 CrRays of Belief FY26 consolidated revenue
reported FY26 consolidated revenue
136 centresIndian network
Mom’s Belief network referenced for capability exchange

Watch next

Fact

Consolidated revenue contribution from City Pro Group following integration
Integration of City Pro Group’s New York operations and clinical capabilities
Any U.S. introduction of Mom’s Belief programmes, subject to applicable requirements

Full analysis Company memory

Zodiac Energy LimitedZODIAC17:50MixedMinor

Zodiac Energy completes 63.5% acquisition of Zenwatt Clean Energy

M&Aacquisition

As filed

Zodiac Energy Limited has informed the Exchange about Acquisition of majority Equity stake of 63.5% in Zenwatt Clean Energy Private Limited.

Why it matters

CapitSignal interpretation

The acquisition adds a controlling interest in a Battery Energy Storage Systems business and is intended to expand Zodiac Energy's renewable-energy portfolio and operational capabilities. Zenwatt's disclosed FY 2025-26 turnover was Rs. 5,13,000, indicating a small current revenue base relative to the acquisition consideration.

What happened

Fact

Zodiac Energy Limited completed the cash acquisition of a 63.5% stake and control in Zenwatt Clean Energy Private Limited on September 21, 2026. It acquired 6,35,000 shares for Rs. 1,14,30,000 at Rs. 18 per share, making Zenwatt its subsidiary.

63.5%Equity stake acquired
equity shareholding and control acquired in Zenwatt
6,35,000 Equity SharesShares acquired
Zenwatt shares acquired
Rs. 1,14,30,000/-Aggregate consideration
cash acquisition consideration
Rs. 18/- per Equity SharePurchase price
acquisition price
Rs. 5,13,000Zenwatt FY 2025-26 turnover
target entity turnover

Watch next

Fact

Zenwatt's revenue growth following consolidation as a subsidiary
Progress in Battery Energy Storage Systems business expansion
Financial impact of the Rs. 1,14,30,000 acquisition consideration

Full analysis Company memory

Himadri Speciality Chemical Ltd.HSCL10:07MixedNotable

Himadri approves demerger of DBRL’s Tyre Business

Update 2 of 2 in a matter ongoing since 18 Sept 2026

M&Amerger

As filed

Himadri Speciality Chemical Limited has informed the Exchange regarding Outcome of Board Meeting held on September 21, 2026 approving Scheme of Arrangement between Dalmia Bharat Refractories Limited (

Why it matters

CapitSignal interpretation

The transaction would bring DBRL’s Tyre Business, including related assets, liabilities, contracts, employees, brands and approvals, into Himadri. It may also dilute Himadri shareholders because new Himadri shares are proposed to be issued to DBRL shareholders, although the exchange ratio is not provided.

What happened

Fact

Himadri Speciality Chemical approved a scheme to acquire Dalmia Bharat Refractories’ Tyre Business as a going concern through a demerger. Himadri will issue new shares to eligible Dalmia Bharat Refractories shareholders under a share-entitlement ratio that is not disclosed in this filing; the scheme remains subject to regulatory, tribunal, shareholder and creditor approvals.

1 October 20261 October 2026
proposed appointed date, subject to NCLT or other appropriate authority approval

Watch next

Fact

Disclosure of the share-entitlement ratio and financial details of the Tyre Business
Stock exchange, SEBI and NCLT approvals
Shareholder and creditor approvals for the scheme

Full analysis Company memory