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Daily Filing Digest — 9 Sep 2026

Adani Airports raises ~$1bn at an $18bn valuation; O P Bhatt exits as Coforge Chairperson; Kiri Industries forecloses a Philippines mining stake.

1,266 filings on 9 September. The day's one HIGH-triage story is real money at a real valuation: Adani Airports locked in roughly $1 billion from four of the world's more selective infrastructure investors. Away from that, the day was thin but not empty — a former SBI chairman's abrupt exit from a large-cap IT board, a small-cap company that just won a security auction on another continent, and a rumour a company had to publicly kill.

The one to read first

Adani Airport Holdings Limited (AAHL) has entered binding agreements to raise ₹9,825 crore (~USD 1 billion) of primary equity from a consortium of Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds, per Adani Enterprises' media release. The transaction values AAHL at a ~$18 billion pre-money equity valuation — the release calls it an external institutional valuation benchmark for the platform. Across all three tranches, the investor consortium will collectively hold approximately 5.54% of AAHL. Stated use of proceeds: modernising and expanding airport capacity toward ~200 million passengers a year, an integrated "Adani Airport City" development of ~22 million sq ft in its first phase, and scaling AAHL's ground-handling and non-aeronautical businesses.

Leadership and governance

Coforge LimitedO P Bhatt, the company's Non-Executive Independent Director and Chairperson, resigned with immediate effect, per Coforge's own filing. The board states there is "no other material reason for his resignation other than the reason stated in his resignation email" — that email's contents aren't disclosed in the exchange filing. Vivek Sharma, an existing Non-Executive Independent Director, has been designated interim Chairperson through 31 January 2027.

Winro Commercial (India) Limited — internal auditor Nexdigm Private Limited resigned, citing only "pre-occupation with other professional engagements" and confirming no other material reason. This is the day's one ForensicOS-flagged adverse event; reported here exactly as the company disclosed it, no more.

Deals and restructuring

Kiri Industries — wholly-owned subsidiary Equinaire Holdings Limited was declared the successful bidder in an 8 September public auction for 20,000,000 shares (40% of outstanding capital) in Makilala Mining Company, Inc., a Philippines entity, per Kiri's filing. The consideration was USD 5,010,000. The auction was the culmination of a loan-security foreclosure: Equinaire had earlier acquired a lender's rights under a 2025 loan agreement with Makilala Mining and related parties, and moved to enforce its security after the borrower group defaulted.

Siemens Limited — the NCLT's Mumbai bench, in an order dated 7 September, dispensed with the requirement to hold shareholder and creditor meetings for the amalgamation of wholly-owned subsidiary Siemens Rail Automation Private Limited into Siemens Limited. The scheme still needs further regulatory approvals before completion.

Digjam Limited — the NCLT's Chennai bench admitted the joint petition for the proposed demerger scheme between Digjam and Reid & Taylor International Private Limited, per Digjam's filing, and fixed the next hearing for 28 October 2026 — a procedural step, not an approval.

Indian Bank — disclosed intent to divest up to 15,00,000 equity shares, constituting 17.91% of the bank's holding in the National Stock Exchange, via an Offer for Sale as part of NSE's own proposed IPO, subject to regulatory approvals.

Order wins

Shakti Pumps (India) Limited received a Letter of Empanelment from Maharashtra State Electricity Distribution Company (MSEDCL) for 10,000 off-grid solar photovoltaic water-pumping systems (3/5/7.5 HP) under the state's Magel Tyala Saur Krushi Pump Yojana scheme. Total order value: ~₹235.92 crore, inclusive of GST, to be executed within 60 days of the work order/NTP.

Regulatory

AU Small Finance Bank received an RBI letter dated 8 September approving ICICI Prudential Asset Management Company (along with its mutual fund schemes, AIF funds and PMS clients) to acquire aggregate holding of up to 9.95% of AU SFB's paid-up share capital or voting rights — a regulatory ceiling clearance for a large institutional shareholder, not an announced transaction.

What we're not reporting

Raja Bahadur International Limited publicly denied a report circulated on the scanx.trade portal claiming the company had filed for pre-packaged insolvency resolution under IBC Section 54C and disputing the financial data shown there. The company says it never approached the NCLT on any insolvency or restructuring matter and has issued a legal notice to the portal. We're not reporting the underlying claim as fact — only that it was made and that the company denies it in full.

A "commencement of CIRP" item flagged by initial triage for AGS Transact Technologies turned out, on checking the primary filing, to be a routine notice of the 17th Committee-of-Creditors meeting under a CIRP that has been ongoing for some time — not new information, so it isn't reported above as a fresh event.


Educational research, not investment advice. Every figure above is drawn from the named company's own primary filing dated 9 September 2026 and checked against the source; where a filing disclosed no value, none is stated. No buy/sell recommendations, no price targets. Moat & Margin is not a SEBI-registered Research Analyst or Investment Adviser.