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Market Ends Lower Amid Elevated Crude Prices & Geopolitical Tensions : Nifty slips below 23,650, falls 0.6%
Here's how the markets fared today!
HAZOOR MULTI PROJECTS | ₹41.98 Cr NHAI ORDER 🛣

• Received Letter of Award from NHAI

• Order for user fee collection at H. Pudhupatti Fee Plaza, NH-179A, Tamil Nadu

• Also includes upkeep & maintenance of adjacent toilet blocks

• Order value: ₹41.98 Cr

• Execution period: 1 year

• Award received through competitive bidding via e-tender
SML MAHINDRA | AUGUST BIZ UPDATE

Total CV Production At 1,045 Units Vs 1,280 Units, down 18.4% YoY

Total Sales At 815 Units Vs 1,095 Units, down 25.6% YoY

Total Exports At 27 Units Vs 80 Units down 66.3% YoY
LAPL AUTOMOTIVE | NEW EV 2-WHEELER PROGRAMMES ⚡️

• Received development order from Oben Electric for rear-view mirrors (RVMs)

• Oben Electric becomes a new OEM customer for LAPL Automotive’s Mirror Division

• Development-to-commercial production subject to customer validation, approval & commercial processes

• Added a new RVM product for existing customer BGAUSS

• Production of the new BGAUSS RVM product scheduled to start from October 2026

• Developments strengthen LAPL Automotive’s presence in India’s electric 2-wheeler segment and expand its Mirror Division customer/product portfolio
ORIENTAL HOTELS | CLARIFICATION ON CREDIT RATING DISCLOSURE

• Company clarified the delay in disclosure of credit rating revisions was procedural in nature

• Disclosure was made after completion of internal review and dissemination processes

• Company stated there was no deliberate intention to withhold material information from investors

• Credit rating action had already been disseminated publicly by the rating agency through Stock Exchanges

• Company has submitted a fresh corporate announcement citing the reason for the delay

• Company reiterated commitment to timely compliance with SEBI LODR disclosure requirements
ENVIRO INFRA ENGINEERS | ₹189.99 Cr WIND EPC ORDER 🌬

• Step-down subsidiary Suyog Urja Ltd received contract from Tata Power Renewable Energy Ltd

• Order for EPC turnkey works for 180 MW NTPC Wind Power Project at Parli, Maharashtra

• Scope includes WTG foundation works, reinforcement steel supply, Geotech, BoP & 33kV transmission line works

• Also includes 39-acre secure storage yard, ROW coordination, roads, pathways & crane pads

• Order value: ₹189.99 Cr excluding GST

• Execution deadline: March 31, 2027

• Domestic order; no promoter/group interest in Tata Power Renewable Energy
ASCENSIVE EDUCARE | ₹10.58 Cr SKILL DEVELOPMENT ORDER 🎓

• Received work order from Shabari Adivasi Vitta Va Vikas Mahamandal, Nashik

• Order to provide residential skill-development training to up to 1,700 Scheduled Tribe youth in Maharashtra

• Programme: Employment Based Skill Development Training under Tribal Development Department (Eklavya Kushal)

• Order value: ₹10.58 Cr

• Training to be conducted at approved centres for approved job roles

• Execution as per project period, milestones & conditions under the MoU

• Domestic order; no promoter/group interest in the awarding entity
INDO BORAX AND CHEMICALS:

CO SEES FY27 REVENUE ₹250-260 CRORE WITH 20% EBITDA MARGIN, TARGETS 1,500 TONNES DOT VOLUME, ₹50 CRORE CAPEX OVER 2-3 YEARS
BANDHAN BANK | CREDIT CARD LAUNCH CLARIFICATION

• Credit card portfolio launched with Mastercard on September 7, 2026

• Bank says launch was in the ordinary course of business and not a material event under SEBI LODR

• Share price rose ~4% from ₹164.50 to ₹172.10 on September 8

• Bank says the movement is market-driven

• No regulatory/legal proceedings related to the news report
VIVIMED LABS | 7TH CoC MEETING ON SEPT 10

• 7th Committee of Creditors (CoC) meeting scheduled for September 10, 2026

• Meeting to be held through Audio-Visual Means

• Company is undergoing Corporate Insolvency Resolution Process (CIRP) pursuant to NCLT order dated April 15, 2026