Markets

Saatvik Green Energy's Subsidiary Wins INR 400.16 Crore Order for Solar PV Modules Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy Limited, has secured a significant order valued at INR 400.16 Crores. The contract is for the supply of solar photovoltaic (PV) modules to a renowned Independent Power producer and EPC Player.The agreement confirms that Saatvik Solar Industries will fulfill the order in its capacity as a supplier of specialized PV components. The awarded order represents a commercial commitment for the manufacturing and supply of solar panels, aligning with the growing demand within the renewable energy sector.The transaction has been confirmed to be domestic in nature and does not...

Gokaldas Exports Limited Announces Financial Results for Quarter Ended June 30, 2026 Gokaldas Exports Limited released its consolidated and standalone unaudited financial results for the quarter ending June 30, 2026. The Board of Directors reviewed and approved these results in a meeting held on August 11, 2026.The company also provided detailed operational updates regarding investments and corporate restructuring during the reporting period.Consolidated Financial Performance The consolidated unaudited financial results reveal key figures for Gokaldas Exports Limited (the Company) and its subsidiaries for the quarter ended June 30, 2026.ParticularsQuarter ended June 30, 2026 (Unaudited)Quarter ended March 31, 2026Quarter ended...

OBCL Infrastructure Private Limited Acquires Equity Shares of OBCL Ltd in On Market Transactions OBCL Infrastructure Private Limited, a member of the Promoter Group, has acquired equity shares of OBCL Ltd through multiple on market transactions spanning August 2026. The acquisitions were conducted across three separate dates.Details regarding the acquisition of equity shares by OBCL Infrastructure Private Limited are provided as follows:Date of AcquisitionNumber of Shares AcquiredPercentage of Paid Up Equity Share CapitalAugust 06, 202663350.030%August 07, 20265750.002%August 10, 20261910.000%The transactions involved the purchase of equity shares in OBCL Ltd by OBCL Infrastructure Private Limited. The entity is a...

Ashoka Buildcon Limited Announces Management Re-designation and Releases Q1 Financial Results Ashoka Buildcon Limited (ABL) announced significant updates regarding its leadership structure following a Board of Directors meeting held on August 11, 2026. The board approved the re-designation of two senior directors from Whole-time Directors to Joint Managing Directors, alongside the release of its unaudited consolidated financial results for the quarter ended June 30, 2026.The Board meeting addressed several key items, including approving the interim financial results and revising the roles of Mr. Sanjay Prabhakar Londhe and Mr. Ashish Ashok Kataria.Senior Leadership Re-designations Both re-designations were approved based on the...

High Court Orders Manaksia Entity to Deposit Enhanced Land Premium in Haldia Litigation A ruling by the High Court at Calcutta has mandated that a petitioner in litigation concerning land in Haldia, West Bengal, deposit an enhanced land premium amount of Rs. 3,32,50,000/- (Three Crores Thirty-Two Lakhs Fifty Thousand only) to the Haldia Development Authority (HDA).The case involves M/s. Manaksia Ltd. versus The State of West Bengal & Ors., filed before the High Court at Calcutta under Case No. W.P.A. No. 15313 of 2008. This matter relates to a writ petition seeking to set aside previous orders issued by the Chief Executive Officer, HDA, dated February 05, 2008, and July 04, 2008.The dispute centers on an enhanced land premium rate...

PI Industries Reports Q1 FY27 Financials; Approves New Wholly Owned Subsidiary PI Industries Limited reported its unaudited financial results for the quarter ending June 30, 2026, and announced the incorporation of a new entity aimed at corporate social responsibility. The Board of Directors reviewed and approved both the standalone and consolidated financial performance data, while also formalizing the establishment of a wholly owned subsidiary.The Board meeting, held on August 11, 2026, addressed several key outcomes, including the approval of the Q1 FY27 results and the creation of PI Foundation, intended to carry out Corporate Social Responsibility (CSR) activities under Section 8 of the Companies Act, 2013.Financial Performance...

Xtranet Technologies Invests INR 15 Crore in Subsidiary, Boosts Digital Signature Capabilities Xtranet Technologies Limited has invested a total of INR 15,24,99,974 into its subsidiary, Xtratrust Digisign Private Limited. The investment was made through cash consideration for the acquisition of equity shares in the specialized digital solutions company.The purchase involved acquiring 28,77,358 equity shares of Xtratrust Digisign Private Limited. These shares were allotted at an issue price of ₹53 per equity share, which includes a securities premium of ₹43.Xtratrust Digisign Private Limited operates in the Digital Signature Certificates (DSC) industry, providing digital technology-enabled services and solutions for individuals and...

Vidya Wires Reports Q1 FY26 Un-audited Financial Results; Board Makes Key Operational Appointments Vidya Wires Limited today announced its un-audited consolidated and standalone financial results for the first quarter and three months ended June 30, 2026. The company also detailed several key corporate appointments and an investment move into a wholly-owned subsidiary.The Board of Directors held a meeting on August 11, 2026, where it reviewed and approved the results for both the consolidated and standalone entities.Q1 FY26 Financial Highlights The results showed strong performance across both metrics.Metric (in Million)Consolidated ResultsStandalone ResultsRevenue from operations5,497.104,934.14Total...

Ritco Logistics Secures Contracts Worth Nearly 342 Crores across Transportation and Warehousing Ritco Logistics Ltd., a leading provider of integrated logistics and supply chain solutions in India, has significantly expanded its business portfolio by securing multiple new contracts across its Transportation and Warehousing verticals. These additions reinforce the company's commitment to expanding long-term customer relationships and strengthening its position in the integrated logistics sector. The new orders are valued at nearly INR 342 Crores.The recent contract acquisitions demonstrate a sustained focus on growth within the Energy and Petrochemical sectors, solidifying Ritco’s operational capabilities across specialized supply...

Swaraj Suiting Limited Receives Approval to Migrate to NSE Mainboard Swaraj Suiting Limited has been granted approval by the National Stock Exchange of India (NSE) to list its equity shares on the Capital Market Segment (Main Board), marking a migration from the SME Emerge platform. The company is set to transition its listing, with trading expected to commence on the NSE Mainboard Platform starting Thursday, August 13, 2026.The approval was granted by the National Stock Exchange of India Limited via letter Ref: NSE/LIST/307, dated August 11, 2026. The equity shares of Swaraj Suiting Limited are fully paid up at Rs. 10/- each and will be traded on the Mainboard Platform.The transition entails the suspension of trading for the...

Advait Energy Transitions Secures Turnkey Contract from GETCO for Emergency Restoration System Supply Advait Energy Transitions Limited has secured a significant turnkey contract from Gujarat Energy Transmission Corporation Limited (GETCO). The order, placed on August 10, 2026, involves the design, manufacturing, and supply of an Emergency Restoration System (ERS) tailored for high-voltage transmission lines.The contract addresses Tender No. CE(P&C)/I/E-3059/ ERS/400 KV class Transmission Line/2025-26 and is valued at Rs. 24,88,10,504.80, including taxes.The scope of work specifically pertains to the Emergency Restoration System (ERS) required for 400KV transmission lines, which must also be suitable for use on 220kV, 132kV, and...

Indo Rama Synthetics Fixes Cut-off Date for Voting Entitlement Ahead of 40th AGM Indo Rama Synthetics (India) Limited has announced the cut-off date to record members' entitlement to vote electronically in advance of the company's 40th Annual General Meeting (AGM).The AGM is scheduled to take place on Tuesday, September 8, 2026, at 11:30 AM IST. The meeting will be conducted through Video Conferencing or other Audio-Visual Means. The notice containing the business to be transacted at the AGM will be circulated separately.In line with preparations for the general body meeting, Tuesday, September 1, 2026, has been designated as the cut-off date. Members who hold shares by this date will be entitled to cast their votes via Remote...

AKI India Limited Reports Q1 Financial Results for June 30, 2026: Details on Standalone and Consolidated Performance AKI India Limited announced the release of its unaudited financial results for the quarter ended on June 30, 2026. The Board of Directors approved both the standalone and consolidated financial statements, which were accompanied by a Limited Review Report from statutory auditors.The company's performance across different segments was presented through comprehensive figures detailing income, expenses, and profitability across various periods.Standalone Financial Results Overview The unaudited statement of financial results for the quarter ended on June 30, 2026, reflected operational figures alongside previous...

Ruchi Infrastructure Limited Announces Quarterly Results, Appoints New Director Amid Amalgamation Scheme Progress Ruchi Infrastructure Limited has announced its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company also approved the appointment of a new director and confirmed the ongoing status of its Composite Scheme of Amalgamation.The Board of Directors approved the un-audited financial statements. The limited review reports issued by statutory auditors for both standalone and consolidated results were reviewed by the Audit Committee and subsequently approved at the Board meeting held on August 11, 2026.Key Corporate Updates The company announced that Mr. Anil Kumar Gupta has...

Avenue Supermarts Issues Rs 300 Crores in Commercial Paper Avenue Supermarts Limited has announced the issuance of Commercial Paper worth Rs 300 crores. The instrument is set for listing and details regarding its tenure, coupon rate, and security structure have been confirmed.The Company is raising the capital through this commercial paper issue, which is slated to be listed on the BSE Limited. The total size of the issue stands at Rs 300 crores.Key terms of the Commercial Paper issuance are as follows:FeatureDetailsIssue SizeRs 300 croresListing StatusProposed to be listed on BSE LimitedTenure90 daysAllotment DateAugust 11, 2026Maturity DateNovember 9, 2026Coupon Rate6.70%Interest Payment DateNovember 9...

Deepak Fertilizers Announces 46th Annual General Meeting on September 1, 2026 Deepak Fertilisers And Petrochemicals Corporation Limited has announced that its 46th Annual General Meeting (AGM) is scheduled for Tuesday, September 1, 2026. The meeting will be held at 11:00 A.M. (IST) and conducted through Video Conference (VC) or other Audio-Visual Means (OAVM).The company has released the Annual Report for the Financial Year ended March 31, 2026, which includes the Notice of the 46th AGM. The document has been electronically sent to members whose email IDs are registered with the Company or the Registrar & Share Transfer Agent (RTA), as well as those shareholders who have not registered their email address.For shareholders needing...

Focus Lighting Acquires 51% Stake in LightAlive Solutions to Strengthen LED Segment Presence Focus Lighting and Fixtures Limited has approved the investment and acquisition of a majority stake in LightAlive Solutions Private Limited, a company specializing in fixtures and lighting solutions. The acquisition aims to strengthen Focus Lighting's position within the LED lighting and fixtures segment.The Board of Directors of Focus Lighting sanctioned the acquisition on August 11, 2026, with the intention of establishing LightAlive as a subsidiary company of Focus Lighting. The transaction is subject to the execution of definitive agreements, including the Share Subscription Agreement (SSA) and Shareholders' Agreement (SHA), and...

Speciality Restaurants Limited Faces Tax Demand Over RCM and Input Tax Credit Irregularities Speciality Restaurants Limited has received a Show Cause-cum-Demand Notice concerning tax obligations, related to the short payment of tax under Reverse Charge Mechanism (RCM) and irregular availment of Input Tax Credit (ITC). The notice was issued by the Office of the Commissioner of Central Tax, Kolkata Audit-I CGST & CX Commissionerate, and received by the company on August 11, 2026.The demand pertains to the assessment period spanning from the financial year 2021-22 to 2023-24.Details of Tax Demand The total tax amount demanded under the notice aggregates to ₹ 1,80,43,529/- (Rupees one crore eighty lakh forty three thousand five hundred...

Manappuram Finance Reports 341.40% Year-on-Year Rise in Net Profit for Q1 FY27; AUM Grows 57.20% Valapad, Kerala (August 11, 2026): Manappuram Finance Ltd, a prominent non-banking finance company (NBFC), announced robust financial results for the quarter ending June 30, 2026 (Q1 FY27). The NBFC saw its consolidated net profit after tax soar by 341.40% year-on-year (YoY) to ₹585 crore, compared to ₹132 crore in the corresponding quarter of the previous fiscal year.Assets under management (AUM) expanded significantly during the quarter, growing 57.20% YoY to reach ₹69,635 crore. The company also reported that its income from operations increased by 34.1% YoY, reaching ₹3,033 crore in Q1 FY27, up from ₹2,262 crore in Q1 FY26.The growth...

Surya Roshni Ltd Announces Q1 Results, Approves Director Reappointments, Sets AGM Date Surya Roshni Limited, an ISO 9001 and ISO 14001 certified company, announced several key corporate decisions following its Board of Directors meeting on August 11, 2026. The board considered and approved the Unaudited Financial Results for both the standalone and consolidated entities for the first quarter ending June 30, 2026. Additionally, the board approved the re-appointment of key leadership personnel for the company.The Board meeting outcomes included setting the Record Date for the final dividend payment and scheduling the upcoming Annual General Meeting (AGM) of members. The company set Friday, August 21, 2026, as the Record Date for...