Author: Legal Parivar

KFin Technologies has settled adjudication proceedings initiated by Sebi by agreeing to pay ₹87.75 lakh. The case concerned alleged lapses in due diligence and compliance under the Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993. The SEBI inspection, conducted from February 19-23, 2024, for the period February 1 to November 30, 2023, found that KFin Technologies failed to exercise due diligence while processing dematerialisation requests. The inspection report also stated that the company did not mark over 17.9 lakh folios without PAN details and 17.7 lakh folios without bank account details for…

Defence Minister Rajnath Singh on Tuesday lauded the Indian Navy during the commissioning of two advanced stealth frigates — INS Udaygiri and INS Himgiri — at the Eastern Naval Command in Visakhapatnam. “Today you have launched the indigenous F-35 warship. One nation has a flying F-35, and you have built a floating F-35, that too Made in India,” Singh said, highlighting the Navy’s growing strength. He added that these warships possess advanced weapons and sensor packages, making them “unparalleled guardians of the sea.” The vessels are equipped with: “These modern vessels will be game-changers in complex and risky maritime operations,”…

Foreign investors (FIIs/FPIs) offloaded Indian equities worth ₹6,517 crore on Tuesday, August 26, marking their heaviest sell-off since May 20, according to provisional exchange data. At the same time, domestic institutional investors (DIIs) stepped in with net purchases of ₹7,060 crore, their highest buying since August 8. During the session, FIIs bought shares worth ₹44,147 crore and sold shares worth ₹50,663 crore, while DIIs purchased equities worth ₹22,000 crore and sold ₹14,940 crore. For 2025 so far, FIIs have been net sellers of shares worth ₹1.97 lakh crore, whereas DIIs have supported the market with net inflows of ₹4.84 lakh…

TPG Asia, an affiliate of global private equity giant TPG, has fully exited pharma company Sai Life Sciences, offloading its remaining 14.72% stake (3.07 crore shares) for ₹2,675.6 crore via open market transactions. According to bulk and block deal data, TPG Asia VII SF sold the shares in three tranches at prices between ₹871.01 and ₹871.86 per share. The exit marks huge gains for the PE investor. TPG’s average acquisition cost for the stake was ₹127.27 per share, valuing its holding at ₹390.8 crore. With this sale, TPG pocketed profits of about ₹2,285 crore, as per Sai Life’s IPO prospectus.…

US President Donald Trump on Monday said that Washington and Beijing — the world’s two largest economies — are headed for a “great relationship,” but warned that he could “destroy China” if he decided to use the “incredible cards” available to him. Speaking in the Oval Office before his bilateral meeting with South Korean President Lee Jae Myung, Trump stressed that the US holds a stronger hand than China in the ongoing trade dispute. “We are going to have a great relationship with China… They have some cards. We have incredible cards, but I don’t want to play those cards.…

Peeko, a babycare-focused quick commerce startup based in Bengaluru, has raised $3.2 million (around ₹28 crore) in a seed funding round led by Stellaris Venture Partners, with participation from angel investors including Maninder Gulati (ex-OYO), Kunal Bahl and Rohit Bansal (Titan Capital), Abhishek Goyal (Tracxn), Nitin Gupta (Uni), and Arjun Vaidya (V3 Ventures). Founded by IIT alumni Chetan Sharma (ex-Leap), Vivek Khetan (ex-OYO), and Abhijit Gairola (ex-Leap), Peeko is building a vertical quick commerce model for babycare products, promising deliveries in under 60 minutes. The startup is currently operational in 10 Bengaluru pincodes from a single 4,000 sq. ft. dark…

Signpost India shares will be in focus after the company announced a nine-year exclusive contract with Bangalore Metro Rail Corporation Limited (BMRCL) for advertising rights across 67 Namma Metro stations. In its exchange filing, the company said the long-term partnership covers over 100,000 sq. ft. of premium media space, with an estimated revenue potential of ₹600–700 crore over the contract period till 2034. Separately, on August 20, the company appointed Ernst & Young LLP as its strategic advisory and growth partner for a three-year transformation program aimed at strengthening governance, digital infrastructure, and business scalability. On August 25, Signpost India…

Several key stocks will remain in focus in today’s trade amid earnings announcements, block deals, government stake sales, and corporate developments. Mainboard Listings: SME Listing: Corporate Updates: Results Today: Bulk Deals: Corporate Actions: F&O Ban: RBL Bank, Titagarh Rail SystemsOut of Ban: PG Electroplast📌 Disclaimer This article is for information purposes only and not investment advice. Stock market investments are subject to risks. Please consult your financial advisor before investing. Neither the author nor the platform is liable for any financial losses.

Shares of Protean eGov Technologies will remain in focus on August 26 after the company announced that it has received a major work order worth ₹1,160 crore (excluding taxes) from the Unique Identification Authority of India (UIDAI). According to the press release, Protean will act as a service provider for establishing and operating district-level Aadhaar Seva Kendras (ASKs) across 188 districts in India over the next six years. These centers will facilitate appointment-based and walk-in Aadhaar enrolment, updates, and related services. In Q1 FY26, the company reported a consolidated net profit of ₹23.85 crore, up from ₹21.09 crore in the…

The United States will impose an additional 25% tariff on Indian imports starting August 27, 2025, under a draft order issued by the Department of Homeland Security. The move follows President Donald Trump’s earlier announcement of higher duties on Indian goods. According to the notice, the levy will apply to all Indian products “entered for consumption, or withdrawn from warehouse for consumption” from 12:01 a.m. EDT on August 27. The administration linked the tariff hike to what it described as “threats to the US by the government of the Russian Federation,” with India facing measures for its continued purchase of…