September 2, 2026: Several listed companies announced key corporate developments, including major order wins, acquisitions, board appointments and AGM schedules.
Parth Electricals & Engineering Ltd emerged as one of the key companies in focus after receiving multiple orders on August 29, 2026. The company received a ₹10.83 crore Letter of Intent (LOI) from Gujarat Energy Transmission Corporation Limited (GETCO) under a rate contract. It also secured a ₹106.66 crore LOI from GETCO for a 66 kV underground cable network project in Jamnagar. Additionally, the company received an export order worth US$432,000 from AK & J Electric LLC, USA, for medium-voltage switchgear panels.
Meanwhile, Vertoz Ltd approved a major expansion plan through the proposed acquisition of 100% of Tavento Labs Inc., a US-based cybersecurity technology company. The acquisition is valued at up to ₹101 crore and will primarily be completed through a share swap involving 2.29 crore equity shares at ₹44 per share. Following the transaction, Tavento Labs will become a wholly owned subsidiary of Vertoz. The company's board also approved increasing its authorised share capital from ₹100 crore to ₹122.95 crore.
Global Vectra Helicorp Ltd re-submitted its financial results for the quarter ended June 30, 2026, after clarifying that the Chairman's digital signature had been inadvertently omitted from the previously submitted PDF. The board also re-appointed Lt. Gen. Sarab Jot Singh Saighal (Retd.) as Chairman for one year and appointed Michael Lewis Edwin Barber as CEO for one year. Hemang Ravi Rishi was appointed as a Non-Executive and Non-Independent Director.
In other corporate developments, AMPL Capital Limited approved the re-appointment of Aditya Vikram Kanoria as Managing Director for three years, subject to shareholder approval. The company also approved appointments of independent directors and a secretarial auditor.
Logica Infoway Ltd approved the re-appointment of Shweta Goel as Whole-time Director, along with remuneration revisions for key directors, subject to shareholder approval. Its 31st AGM is scheduled for September 30, 2026.
Revathi Equipment India Limited will hold its 7th AGM on September 25, 2026, through video conferencing and other audio-visual means.
Investors may track these corporate announcements for their potential impact on company operations, governance and future growth plans.
Disclaimer: This article is based on corporate disclosures and information provided in the source material. It is for informational purposes only and should not be considered investment or financial advice.
