Markets

Havells India to Expand Cable Manufacturing Capacity at Tumakuru Facility Havells India Ltd has announced a significant expansion of its cable manufacturing capabilities at its facility located in the Vasanthnarasapura Industrial Area, Tumakuru, Karnataka. The company intends to increase its annual production capacity from 4,59,600 Kms to 7,34,640 Kms per annum.The expansion follows a previous phase of growth where the company successfully increased its capacity from 3,48,000 Kms per annum to 4,62,600 Kms per annum. As of the current reporting date, the company has partially completed that initial expansion, achieving an annual manufacturing capacity of 4,59,600 Kms at the Tumakuru site.Expansion PhaseCapacity (Kms per...

Jindal Worldwide Limited Projects Significant Export Growth Following India-UK Free Trade Agreement Jindal Worldwide Limited, a prominent integrated textile manufacturer in India, has highlighted the strategic importance of the newly signed India-UK Free Trade Agreement (FTA). The company anticipates that the agreement will serve as a catalyst for significant export growth and provide a more competitive landscape for Indian textile products in the United Kingdom.The FTA is expected to eliminate tariffs on a broad spectrum of Indian textile and apparel products. This development provides Indian manufacturers with a level playing field, enabling them to compete more effectively against countries that currently benefit from preferential...

Jio Financial Services Reports 156% YoY Profit Growth in Q1 FY27 Jio Financial Services Limited (JFSL) has announced its unaudited financial results for the first quarter of the financial year 2026-27, ended June 30, 2026. The company reported significant growth across several key metrics, highlighted by a substantial increase in profit and an expansion of its business footprint across lending, payments, and investment sectors.Financial Performance Overview The company recorded a Profit After Tax (PAT) of ₹830 crore for the quarter, representing a 156% year-on-year (YoY) increase compared to the same period in the previous fiscal year. The Total Income (ex-dividend) stood at ₹1,496 crore, an increase of 141% YoY.Key financial...

Piramal Finance Reports 67% YoY Profit Growth in Q1 FY27; Board Approves ₹ 4,000 Crore Fund Raise Piramal Finance Limited, a prominent Non-Banking Financial Company (NBFC), has announced its financial results for the first quarter ended June 30, 2026. The company reported a Profit After Tax (PAT) of ₹ 461 Cr, representing a significant 67% year-on-year (YoY) increase.The growth was underpinned by a 25% YoY rise in Assets Under Management (AUM) to ₹ 1,06,940 Cr. This expansion was primarily driven by a 32% YoY increase in Growth AUM, which excludes the discontinued legacy business. Retail disbursements saw a robust 44% YoY climb to ₹ 12,527 Cr, highlighting strong customer demand and business momentum.In terms of operational reach...

Enser Communications Limited Reports Non-Applicability of Corporate Governance Provisions for June 2026 Quarter Enser Communications Limited has confirmed that the corporate governance provisions specified under Regulation 27(2) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, are not applicable to the company for the quarter ended June 30, 2026.The company, which was formerly known as Enser Communications Private Limited, is listed on the Emerge Platform of the National Stock Exchange of India Limited. Based on its listing status, the company falls under the ambit of Regulation 15(2)(B). This specific classification exempts the entity from several corporate governance...

Chembond Chemicals Limited Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Chembond Chemicals Limited has announced its standalone and consolidated un-audited financial results for the quarter ended June 30, 2026. The Board of Directors approved the financial statements during a meeting held on July 16, 2026.The group, which primarily operates in the manufacture of Specialty Chemicals, reported a steady performance across its business segments. The financial results for the quarter were reviewed by the Audit Committee and subjected to a limited review by statutory auditors.Consolidated Financial Performance On a consolidated basis, the company reported a revenue from operations of ₹ 8,648.22 lakhs for the...

Bhilwara Spinners Ltd to Convene Board Meeting for Quarterly Financial Results Bhilwara Spinners Ltd has scheduled a meeting of its Board of Directors to review and approve the unaudited financial results for the quarter ended June 30, 2026. The meeting is set to take place on July 24, 2026, at 03:00 P.M.The proceedings will be held at the company's registered office located in Gandhi Nagar, Bhilwara, Rajasthan. The primary agenda for the session involves the consideration and approval of the financial performance metrics for the period ending June 30, 2026.In conjunction with this period, the company has implemented a trading window closure. The trading window for securities of the company remains closed from July 1, 2026, and will...

Nitin Jaiswal Resigns as Independent Director of Investdirect Capital Services Private Limited Niyogin Fintech Limited has announced the resignation of Mr. Nitin Jaiswal from his position as an Independent Director of its material unlisted subsidiary, Investdirect Capital Services Private Limited.The resignation became effective from the close of business hours on July 16, 2026. According to the official communication, Mr. Jaiswal stepped down from the role due to pre-occupation and other professional commitments.During his tenure as an Independent Director for Investdirect Capital Services Private Limited, Mr. Jaiswal served as a member of the Audit Committee. He also held an Independent Director position with Niyogin Fintech...

Punjab National Bank Secures Withdrawal of Monetary Penalty from NSE Punjab National Bank has received a withdrawal of the monetary penalty previously imposed by the National Stock Exchange of India Limited (NSE) regarding non-closure of Vulnerability Assessment and Penetration Testing (VAPT) vulnerabilities for the Financial Year 2024-2025.The penalty, which was originally valued at Rs. 3,35,000 (Rupees Three Lakh Thirty-Five Thousand only), was initially levied by the NSE following a previous notice issued in June 2025. The withdrawal follows a representation submitted by the bank and aligns with SEBI Advisory guidelines, which specify that penalties for common Trading Members must be strictly levied only by their designated...

Alok Industries Ltd Reports Net Loss of Rs. 136.20 Crore for Quarter Ended June 30, 2026 Alok Industries Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a net loss of Rs. 136.20 Crore for the standalone period, while the consolidated net loss stood at Rs. 138.25 Crore.The financial performance reflects an ongoing period of operational restructuring as the company navigates its current turnaround phase. Despite the losses, the company reported a positive EBITDA of Rs. 59.57 Crore for the quarter ended June 30, 2026. The statements were prepared on a going concern basis, supported by cash flow projections and anticipated growth within the textile industry.Consolidated...

Shakti Pumps India Ltd to Convene Board Meeting on July 24, 2026 Shakti Pumps India Ltd has scheduled a meeting of its Board of Directors to be held on Friday, July 24, 2026. The meeting will be conducted via video conferencing and is set to address key financial updates for the current fiscal year.The primary agenda for the board meeting includes the consideration and approval of the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. These results will be presented alongside the Limited Review Report. Additionally, the board will deliberate on other matters subject to the approval of a majority of the directors.In connection with these proceedings, the company has initiated a trading...

GP Petroleums Ltd to Hold Board Meeting on July 24, 2026 GP Petroleums Ltd has scheduled a meeting of its Board of Directors to be held on Friday, July 24, 2026. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means.The board is expected to deliberate on and approve several key items related to the company's performance and shareholder distributions for the preceding financial periods. Key agenda items include:Agenda ItemDescriptionFinancial ResultsUn-audited (Standalone and Consolidated) Financial Results for the quarter ended June 30, 2026Dividend RecommendationRecommendation of final dividend on equity shares for the financial year ended March 31, 2026MiscellaneousAny other business with the...

City Union Bank Announces Board Meeting to Review June 2026 Quarterly Results City Union Bank has scheduled a meeting of its Board of Directors on July 28, 2026, to deliberate on and approve the bank’s financial performance for the quarter ending June 30, 2026.The board meeting will specifically focus on reviewing the un-audited standalone financial results for the period. These results are subject to a limited review by the Joint Statutory Central Auditors of the bank.In alignment with internal codes of conduct and applicable insider trading regulations, the bank has established a specific timeline for the trading window. The window for dealing in the bank's securities is scheduled to open on July 31, 2026.The company has...

Canara HSBC Life Insurance Announces Updated Representation for Q1FY27 Earnings Conference Call Canara HSBC Life Insurance Company Limited has updated the leadership representation for its upcoming earnings conference call regarding the unaudited financial results for the quarter ended June 30, 2026.The company confirmed that Mr. Soly Thomas, Deputy Chief Executive Officer and Chief Distribution Officer (Bancassurance), will be representing the company alongside other senior management officials during the scheduled interaction with investors and analysts. This update follows a previous communication from the company dated July 15, 2026. All other details regarding the conference call remain unchanged.Conference Call Schedule The...

Premier Energies Limited Incorporates Wholly Owned Subsidiary in Battery Storage Sector Premier Energies Limited has announced the incorporation of a wholly owned subsidiary, Premier Battery Technologies Private Limited. The company received the Certificate of Incorporation from the Central Registration Centre, Registrar of Companies, on July 16, 2026.The new entity, Premier Battery Technologies Private Limited, was incorporated on July 15, 2026, in India. It is positioned as a wholly owned subsidiary and a related party of Premier Energies Limited. The company operates within the Battery and Battery Energy Storage Systems sector.Premier Battery Technologies Private Limited was established to conduct business activities involving...

Board of Directors Addresses Delay in Related Party Transaction Disclosure for Billionbrains Garage Ventures Limited The Board of Directors of Billionbrains Garage Ventures Limited has addressed a delay regarding the filing of a Related Party Transaction disclosure. During a meeting held on July 15, 2026, the Board reviewed the notice concerning the delayed submission of the Integrated Financial XBRL related to these transactions.The Board acknowledged the delay in the filing process and has issued a directive to strengthen internal procedures. This measure aims to ensure that all future regulatory filings are completed within the stipulated timeframes.The company noted the following action plan regarding the reporting delay...

ASK Automotive Limited Receives Tax Order for Rs. 1.07 Crore ASK Automotive Limited has received an order from the Deputy State Tax Officer II, Hosur South 1 Assessment Circle, involving a tax demand of Rs. 1.07 Crore. The order was issued under section 74 of the Central Goods and Services Tax Act, 2017 (CGST Act) and the Tamil Nadu Goods and Services Act, 2017 (TNGST Act).The action follows an appeal filed by the company against a previous order from the Deputy State Tax Officer-II. The Deputy Commissioner (Appeals), Hosur, subsequently disallowed the appeal, upholding the demand which includes GST, interest, and penalty components.Detail DescriptionInformationIssuing AuthorityDeputy State Tax Officer II, Hosur South 1...

Inflame Appliances Ltd Reports 34% YoY Revenue Growth in Q1 FY27 Inflame Appliances Ltd has reported a significant turnaround in its operational performance and revenue growth for the first quarter of the fiscal year 2027 (Q1 FY27). The company saw a 34% year-on-year increase in total revenue, primarily driven by a robust 42% surge in chimney volumes.The financial results indicate that the company successfully managed to scale its production and market reach during this period. According to the provisional and unaudited data, the growth was underpinned by strong customer demand and improved manufacturing efficiencies.ParticularsQ1 FY27Q1 FY26YoY%Chimney Volumes (in units)64,10345,25942%Total Revenue (Rs cr)...

Time Technoplast Limited Supplies Composite Cylinders for HPCL and Instamart Partnership Time Technoplast Limited has identified its role as a key supplier in the launch of India's first on-demand LPG cylinder delivery service. The initiative, a partnership between Hindustan Petroleum Corporation Limited (HPCL) and the quick commerce platform Instamart, introduces a new logistics model for domestic gas delivery.The company confirms that the Type IV Composite Cylinders featured in this joint venture are manufactured by Time Technoplast Limited. The firm has supplied these cylinders to HPCL as part of a pilot project to facilitate the debut of the HP Navya, a next-generation 10 kg composite LPG cylinder.Innovative Delivery Model and...

Poojawestern Metaliks Ltd Announces Proposed Rights Issue of Equity Shares Poojawestern Metaliks Limited has announced a proposal to issue partly paid-up equity shares of the company for an amount not exceeding Rs. 1500 Lakhs. The issuance is planned as a Rights Issue to eligible shareholders as of a record date to be determined and notified at a later stage.The Board of Directors approved the proposal subject to shareholder approval and any other necessary regulatory or statutory permissions. The specific details regarding the rights issue, including the determination of the issue price, rights entitlement ratio, timing, and payment terms, will be finalized by the Board or a specifically constituted Committee of the Board.Promoter...