1material signals today 173IPOs 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

Saturday, 26 September 2026

Today Yesterday 7 days

20Material events 10Capital 4M&A 5Regulatory 1Distress

All Earnings Business Orders Capital

Saurashtra Cement LimitedSAURASHCEM18:37DeterioratingLow

Saurashtra Cement receives ₹2.07 crore GST show-cause notice

Regulatoryregulatory action

As filed

We would like to inform you that Saurashtra Cement Limited ( the Company ), has received a Show Cause Notice from the Office of the Deputy Commissioner Of State Tax , MUM- NOD-E-1204 (Sakinaka_506) No

Why it matters

CapitSignal interpretation

The notice creates a potential tax exposure, although the company says it does not expect any relevant impact on its financials, operations or other activities and plans to contest the demand.

What happened

Fact

Saurashtra Cement received a show-cause notice dated 25 September 2026 from the Mumbai state tax office over alleged excess input tax credit claimed in GSTR-3B/9 for FY 2022-23. The company must respond by 23 October 2026 to a demand of ₹2,06,93,890 and says it considers the demand not maintainable.

₹2,06,93,890GST demand
amount cited in the show-cause notice for alleged excess input tax credit
23 October 2026Response deadline
deadline to show cause before the Deputy Commissioner of State Tax
2022-23Relevant period
period for alleged excess input tax credit claim

Watch next

Fact

Saurashtra Cement's response by 23 October 2026
Any tax authority order or revision to the ₹2,06,93,890 demand

Full analysis Company memory

Electrotherm (India) LimitedELECTHERM17:54DeterioratingNotable

ED provisionally attaches ₹25.08 crore in Electrotherm bank balances

Regulatorylitigation

As filed

Electrotherm (India) Limited has informed the Exchange about Updates Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Why it matters

CapitSignal interpretation

The attachment/freezing of company bank balances could constrain liquidity and operations. The company has ongoing challenges to earlier account-freezing actions and to the ECIR before the Gujarat High Court and PMLA Appellate Tribunal.

What happened

Fact

The Directorate of Enforcement issued a provisional attachment order under Section 5(1) of the PMLA on 25 September 2026. The order attaches/freezes ₹25.08 crore held in 2 bank accounts of Electrotherm; it also attaches certain movable properties of the company and its promoters, according to the filing.

Rs. 25.08 Crore₹25.08 crore
balances/amount attached or frozen in 2 company bank accounts
22 bank accounts
company bank accounts with attached/frozen balances
25.09.202625 September 2026
date of ED provisional attachment order

Watch next

Fact

Legal action the company may take after obtaining legal advice
Further hearings on challenges to bank-account freezing and the ECIR
Any clarification on access to or release of the attached bank balances

Full analysis Company memory

Panacea Biotec LimitedPANACEABIO17:52MixedLow

Panacea Biotec receives ₹9.82 crore income-tax penalty demands

Regulatorylitigation

As filed

Panacea Biotec Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Why it matters

CapitSignal interpretation

The company faces a contingent tax demand of approximately ₹9.82 crore. Panacea Biotec considers the demand not maintainable, plans to appeal, and states that it does not expect a significant financial, operational or other impact.

What happened

Fact

Panacea Biotec received four demand orders dated September 25, 2026, from the Assistant Commissioner of Income Tax, Delhi. The orders impose aggregate penalties of approximately ₹9.82 crore for alleged misreporting or under-reporting of income across assessment years 2014-15 to 2016-17 and 2018-19.

~₹9.82 CroreAggregate tax penalty demand
Penalty demand under Section 270A for alleged misreporting / under-reporting of income
4Number of demand orders
Demand orders received from the Assistant Commissioner of Income Tax, Delhi

Watch next

Fact

Filing and outcome of the appeal before the appellate authority
Any revision to the ₹9.82 crore demand or related financial-impact assessment

Full analysis Company memory

Som Distilleries & Breweries LimitedSDBL17:05ImprovingMajor

Madhya Pradesh High Court orders renewal of Som Distilleries’ manufacturing licences

Regulatorylitigation

As filed

Som Distilleries & Breweries Limited has informed the Exchange about outcome of the litigation - Order of Hon'ble High Court of Madhya Pradesh for Renewal of Key Excise Licences.

Why it matters

CapitSignal interpretation

The ruling removes the stated legal barrier to renewing the company’s key Madhya Pradesh manufacturing licences and is an important step toward restoring normal operations. Actual operational normalization remains dependent on completion of the renewal process with authorities.

What happened

Fact

The Madhya Pradesh High Court quashed the June 18, 2026 order that rejected the company’s applications to renew its excise licences. The court directed renewal of all manufacturing licences within 15 days of its September 24, 2026 order, awarded ₹1 lakh in costs, and preserved the company’s right to pursue damages or losses from the operational-closure period.

15 days15 days
court-directed timeframe for renewal of all manufacturing licences from the order date
₹1 lakhCosts awarded
costs payable by the Government of Madhya Pradesh
September 24, 2026Judgment date
date of High Court judgment
June 18, 2026Rejection order quashed
date of order rejecting licence-renewal applications

Watch next

Fact

Completion of manufacturing-licence renewals within the court-directed 15-day timeframe
Restoration and normalization of Madhya Pradesh operations
Any claim for damages or losses related to the operational-closure period

Full analysis Company memory

Tata Communications Ltd.TATACOMM16:48ImprovingMinor

Tata Communications wins partial tax relief for AY 2011-12

Regulatorylitigation

As filed

Tata Communications Limited has informed the Exchange about the update on material litigation

Why it matters

CapitSignal interpretation

The order may reduce the company’s tax exposure for the assessment year, but the financial effect remains uncertain pending consequential verification or recomputation and the company’s evaluation of the order.

What happened

Fact

The Income Tax Appellate Tribunal, Mumbai, disposed of cross-appeals by Tata Communications and the Income-tax Department for Assessment Year 2011-12. The tribunal granted the company relief on its Section 80-IA deduction claim for its National Long Distance undertaking, certain transfer-pricing matters and other tax matters; some issues require verification or recomputation by the Assessing Officer.

Watch next

Fact

The company’s assessment of the consequential tax impact
Assessing Officer verification or recomputation of relevant matters
Any further course of action by the company or the Income-tax Department

Full analysis Company memory

Latest

Saturday, 26 September 2026

Latest

Saturday, 26 September 2026

Saurashtra Cement receives ₹2.07 crore GST show-cause notice

Why it matters

What happened

Watch next

ED provisionally attaches ₹25.08 crore in Electrotherm bank balances

Why it matters

What happened

Watch next

Panacea Biotec receives ₹9.82 crore income-tax penalty demands

Why it matters

What happened

Watch next

Madhya Pradesh High Court orders renewal of Som Distilleries’ manufacturing licences

Why it matters

What happened

Watch next

Tata Communications wins partial tax relief for AY 2011-12

Why it matters

What happened

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