Markets

Behari Lal Engineering IPO Smashes Expectations, Books Over 3.5X Subscription on Strong Industry Outlook The Initial Public Offering (IPO) of Behari Lal Engineering has maintained robust investor interest on Day 2, successfully booking at over 3.59 times as of the morning trading session on August 13. The IPO continues to attract strong buying momentum from various investor segments as it moves toward its closing date.The listing data reveals concentrated enthusiasm across both institutional and retail investors. The issue received substantial bidding activity, with Non-Institutional Investors (NII) subscribing at 5.04 times. Meanwhile, the dedicated retail segment contributed 4.51 times to the overall subscription figures.Robust...

Gaja Alternative Asset Management to Surge in Market with ₹550 Crore IPO, Backing 28% Income Growth Gaja Alternative Asset Management Limited, a prominent independent alternative asset manager, is set to debut on the stock exchanges with a significant initial public offering (IPO). The three-day issue, scheduled for August 19, 2026, carries an offer size of ₹550 crore. This listing marks a crucial step as the company seeks to strengthen its capital base and tap into public markets after demonstrating robust financial expansion in FY26.IPO Structure and Investment Details The IPO is structured as a blend of a fresh issue and an offer for sale (OFS). The offering includes 2.81 crore shares via a fresh issue, aggregating ₹450 crore...

Valiant Organics Reports Q2 FY26 Results; Extends Shri Sathiababu K. Kallada as Managing DirectorValiant Organics Limited reported its unaudited financial results for the quarter ended June 30, 2026. The company announced that the Board of Directors approved these results, which included an overview of both standalone and consolidated performance metrics. Additionally, the company confirmed the re-appointment of Shri Sathiababu K. Kallada as a Managing Director.The results for the quarter showed figures reflecting strong operational activity across the group entities. The management has also indicated that Pharma Business has been identified as an additional reportable segment alongside Specialty Chemicals.Financial Performance...

Promoters' Encumbrance Released: Docon Technologies Releases Pledge on 1.75 Crore Shares of Thyrocare Technologies Limited Docon Technologies Private Limited, a promoter of Thyrocare Technologies Limited, has announced the release of a pledge concerning 1,75,00,000 equity shares of the company. This transaction occurred on August 11, 2026, involving the Debenture Trustee, Catalyst Trusteeship Limited.The pledge was created against Docon's substantial stake in Thyrocare Technologies Limited. As per disclosures made by Docon Technologies Private Limited, the company holds a total of 9,69,69,696 equity shares in Thyrocare, representing 60.92% of the equity share capital as of August 11, 2026.The release of the pledge pertains to a...

India Glycols Limited Announces Q1 Unaudited Financial Results for Quarter Ended June 30, 2026 India Glycols Limited has released its unaudited financial results for the first quarter ending June 30, 2026. The results cover both standalone and consolidated figures, which were reviewed by auditors and approved by the Board of Directors during a meeting held on August 12, 2026.The company's performance metrics for the quarter include Total Income of 2,987.30 units (presumably crores), up from 2,504.43 in the comparable quarter of the previous year. Total expenses amounted to 2,884.66 units for the quarter.Financial results are presented below, comparing figures across various periods:ParticularsQuarter ended 30.06.2026...

Integra Essentia Reports Quarterly Results; Profit Stands at 2.04 Lakhs (Standalone) Integra Essentia Limited has released its Unaudited Financial Results for the quarter ended June 30, 2026, alongside a Limited Review Report issued by the Statutory Auditors and management statements on audit qualifications. The results showed Total Income of ₹11,302.07 lakhs (lakhs) and a Profit for the period of ₹2.04 lakhs (lakhs) in the standalone segment.The Company's performance was analyzed across its operating segments: Dealing in Essential Items and Trading Division - Infrastructure. The results are also available for review in their consolidated form, with the company reporting a Total Income of ₹11,302.07 lakhs and a Profit for the period...

Zodiac Clothing Company Limited Releases Unaudited Financial Results for Quarter Ended June 30, 2026Zodiac Clothing Company Limited reported its unaudited financial results for the quarter ended June 30, 2026, across both standalone and consolidated segments. The company stated that it operates in a single reporting segment encompassing clothing and clothing accessories, with revenue derived from both domestic and foreign markets.The Group's consolidated results include the performance of its holding company and six subsidiaries: Zodiac Clothing Co. S.A. (Switzerland), Zodiac Clothing Co. (UAE) LLC (UAE), Zela Technologies, Inc. (USA), Zodiac Clothing Company Private Limited (UK), Zodiac Clothing Bangladesh Limited (Bangladesh), and...

Nitco Limited Announces Q1 Financial Results; Approves Cost Auditor Re-appointment and Buyer Finance Agreement Nitco Limited has announced the outcomes of its Board meeting held on August 12, 2026, approving the Unaudited Financial Results for the first quarter (Q1) ended June 30, 2026. The company also approved the re-appointment of a Cost Auditor and signed a Buyer Finance Agreement with Desiderata Impact Ventures Private Limited.The results were reviewed by the Audit Committee and subsequently taken on record by the Board of Directors.Operational Highlights and Financial Performance Nitco reported its Q1 financial standing in both standalone and consolidated forms, which have been subjected to limited review by the Statutory...

Rhetan TMT Announces 42nd Annual General Meeting Date and Share Book Closure DetailsRhetan TMT Limited has announced key dates regarding its upcoming 42nd Annual General Meeting (AGM), providing details on the meeting schedule, book closure period, and remote e-voting procedures for shareholders.The company's 42nd AGM is set to be held on Wednesday, September 16, 2026, at 3:30 P.M. IST. The General Meeting will be conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM).To facilitate the meeting and subsequent shareholder processes, Rhetan TMT Limited has specified the schedule for closing its register of members and share transfer books.Security CodeTypes of SecurityBook Closure PeriodRecord DatePurpose...

AMD Industries Approves Q1 FY27 Unaudited Results; Reappoints Independent Director AMD Industries Limited has released its un-audited consolidated financial results for the quarter ended June 30, 2026. In addition to the financial update, the company's Board of Directors approved significant corporate actions and decisions during a meeting held on August 12, 2026.Key outcomes from the board meeting include the unanimous approval of the results and the reappointment of Mr. Kamal Kumar as an Independent Director.Financial Performance Highlights The company presented both standalone and consolidated unaudited financial statements for the quarter ended June 30, 2026, which were reviewed by the Audit Committee and approved by the Board...

GACM Technologies Launches Qualified Institutions Placement Seeking Up To ₹49.50 Crores GACM Technologies Ltd has announced the opening of its Qualified Institutions Placement (QIP) for equity shares, inviting institutional investors to participate in the company's next phase of expansion. The placement aims to raise up to ₹49.50 Crores through qualified institutional buyers.The QIP commences on August 13, 2026. GACM Technologies set the offer price at Re. 1/- per Equity Share, which is equivalent to the face value of the existing equity shares of the company and stands above the determined regulatory floor price of ₹0.67.The placement was approved by the Company's Board of Directors in September 2025, followed by shareholder...

Singer India Limited Reports Utilization of Funds Raised from Preferential Issue Singer India Limited has reported on the utilization status of funds raised through a Preferential Issue, confirming that there was no deviation or variation in the usage of proceeds against the objects initially stated. The report covers the quarter ended June 30, 2026.The company had successfully completed the Preferential Issue on December 29, 2025, raising a total amount of Rs. 4,48,55,173.02.Fund Allocation Details The utilization of funds raised is detailed across two primary objectives: meeting the requirements for manufacturing facility expansion and covering issue expenses.For the objective related to expanding the manufacturing facility...

Eureka Forbes Reports Strong Start in FY27 with 15.3% Revenue Growth and PAT Soars 43.9% Eureka Forbes Limited, a prominent leader in health and hygiene products in India, announced its financial results for the quarter ended June 30, 2026. The company reported robust top-line growth, achieving a revenue increase of 15.3% year over year (YoY), while Profit After Tax (PAT) saw a significant jump of 43.9% YoY.The financial performance for the quarter reflected acceleration across product lines and strategic focus on service business development.Key Financial Highlights (Standalone)The Q1 FY27 results show strong revenue growth, though Adjusted EBITDA margins moderated due to commodity inflation and increased A&SP spends.MetricQ1...

Shigan Quantum Technologies Approves Reappointment of Cost and Internal Auditors, Sets AGM Date The Board of Directors of Shigan Quantum Technologies Limited made several key operational decisions during a meeting held on August 12, 2026. Among the resolutions approved were the re-appointment of specialized auditors and the scheduling of the company's next Annual General Meeting (AGM).The Board confirmed the re-appointment of M/s. SPB & Co. as Cost Auditors for the financial year 2026-27, following a recommendation from the Audit Committee. Concurrently, ASC Consulting Pvt. Ltd. was also approved for re-appointment as the Internal Auditors for the same fiscal year.In addition to these appointments, the Board determined the crucial...

R K Swamy Consolidated Revenue Rises 7% as Profit Before Tax Jumps 26% in Q1 FY '27 R K Swamy Limited, a key provider of Integrated Marketing Services, reported consolidated financial results for the quarter ended June 30, 2026. The company saw its total income increase by 7.0%, while the Profit Before Tax (PBT) grew significantly by 26%.The performance highlights demonstrate operational improvements across the company's operations during Q1 FY '27.As per the un-audited results, R K Swamy Limited recorded a consolidated Total Income of Rs 86 crores for the current quarter. This marks an increase compared to the Rs 80 crores generated in the same period one year ago. Furthermore, the consolidated Profit before Tax stood at Rs 4.6...

Himatsingka Seide Limited Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Himatsingka Seide Limited reported its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The Board of Directors considered and approved these results at a meeting held on August 12, 2026.The company's consolidated results reflect the performance of the Holding Company and its subsidiaries, including Himatsingka Wovens Private Limited, Himatsingka Holdings North America Inc., and Himatsingka America Inc., along with the associate AMPIN Energy Cftl Twenty Four Private Limited.Consolidated Financial Highlights The unaudited consolidated financial results for the quarter ended June 30, 2026, show the...

Sintercom India Reports Quarterly Unaudited Financial Results for Q1 FY27 Sintercom India Limited announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company’s Board of Directors approved these results during a meeting held on August 12, 2026.The company operates in one segment: Sintered Metal & Auto Components, and management noted that disclosure under Ind AS 10 on Segment Reporting was not applicable due to this singular operational focus.Sintercom's financial performance for the quarter showed Total Income of ₹2,82,042 thousand. Revenue from Operations stood at ₹2,81,684 thousand, supported by Other Income of ₹358 thousand.The results were reviewed and approved by the company’s Audit...

Veedol Corporation Limited Announces Resignation of Head - IT (SMP) Veedol Corporation Limited has announced the resignation of Mr. Tapas Saha from his position as Head - IT (SMP), effective October 6, 2026. The company was formerly known as Tide Water Oil Co. (India) Limited.The change in key managerial personnel involves Mr. Saha, who holds the title of General Manager - IT (Head of IT). His resignation is effective from close of business on Tuesday, October 6, 2026.Mr. Saha submitted his formal resignation and expressed gratitude for the opportunity to contribute to Veedol's digital transformation journey and other strategic digital/IT initiatives during his tenure at the company. He committed to ensuring a smooth transition...

BSE Approves Reclassification of Promoter Group in Sanathnagar Enterprises Limited Sanathnagar Enterprises Ltd has confirmed that the Board of Securities Exchanges (BSE) granted approval for the reclassification of certain individuals and an entity from the 'Promoter and Promoter Group' category to the 'Public' shareholder category.The reclassification concerns Mr. N.P.S. Shinh, Mrs. Manita Shinh, and M/s. Continuous Forms (Calcutta) Limited belonging to the company.The approval details pertain to the transition of these entities from their status as Promoters or Promoter Group members to that of Public shareholders. This change has been granted by BSE Limited vide a letter dated August 12, 2026, according to the intimation received...

Religare Enterprises Reports Strong Q1 FY27 Results; Total Income Grows 26% Year-on-Year New Delhi, India, August 12, 2026: Religare Enterprises Limited (REL) announced its Q1 FY27 results, showcasing disciplined operational execution and continued strategic capital deployment across its diverse financial services portfolio. The consolidated income grew by 26% year-on-year, driven notably by performance in the insurance and broking verticals.The company’s total consolidated income stood at ₹2358.43 crore for Q1 FY27, compared to ₹1876.25 crore in Q1 FY26. Consolidated Profit After Tax (PAT) was reported at ₹(46.98) crore, down from ₹8.12 crore in the preceding quarter.Key Highlights Across Financial Segments The performance of key...