Markets

Fusion Finance Limited Shareholders Approve Reclassification of Promoter Group Members as Public Stockholders Fusion Finance Limited has successfully reclassified several members from the 'Promoter & Promoter Group' category to 'Public' shareholders following shareholder approval via a Postal Ballot held on August 08, 2026. This move changes the shareholding status for various individuals and entities within the company.The reclassification pertains to Mr. Devesh Sachdev and his family members. The affected persons/entities have now been classified as 'Public' shareholders in the company's shareholding pattern.Key Reclassification Details A total of 28,67,019 shares corresponding to 1.77% of the total shareholding were reclassified...

EPL Limited Reports Strong Q1 FY27 Performance, Driving Record Revenue Growth of 25.3%EPL Limited, a global leader in packaging solutions, announced robust financial results for the first quarter of fiscal year 2027 (Q1 FY27), concluding on June 30, 2026. The company reported its highest-ever top-line growth at 25.3%, showcasing significant business resilience amidst global market volatility and external challenges. This marks the fifth consecutive quarter of double-digit revenue expansion for EPL.Growth was broadly distributed across all segments, with Beauty & Cosmetics and Oral Care both recording over 20% growth. All regions achieved double-digit revenue increases. On an underlying basis, excluding the pass-through impact of...

Independent Director Sampath Bahukudumbi Pillapakkam Retires from The United Nilgiri Tea Estates Company Limited The United Nilgiri Tea Estates Company Limited has announced that Mr. Sampath Bahukudumbi Pillapakkam has retired as an Independent Director of the company. His departure took place following the conclusion of the 104th Annual General Meeting held on August 7, 2026.Mr. Pillapakkam completed his second term of office in the role. The Board of Directors and Management of The United Nilgiri Tea Estates Company Limited expressed appreciation for Mr. Pillapakkam's invaluable contribution, guidance, and services throughout his tenure as an Independent Director.The details regarding the change in directorship are as follows...

Abril Paper Tech Holds 3rd Annual General Meeting; Considers Financials and Director ReappointmentAbril Paper Tech Ltd., having been converted from the partnership firm Abril International, convened its 3rd Annual General Meeting (AGM) on Tuesday, August 11, 2026. The meeting was conducted via Video Conferencing (VC) and other Audio-Visual Means (OAVM), with the proceedings chaired by Vipul Karshanbhai Dobariya, Chairman and Managing Director.The AGM included a strong attendance of key personnel and directors, including Ashvinbhai Laxmanbhai Lathiya, Whole-Time Director; Prince Lathiya, Non-Executive Director; Mehul Narendrakumar Hingu, Independent Director; and Urvashi Sandeep Dave, Independent Director. The company's statutory...

Puravankara Limited Provides Update on Sale of Purva Ruby Properties Private Limited Puravankara Limited has released details regarding the sale and disposal of its entity, Purva Ruby Properties Private Limited. The company provided an update confirming the timeline for closing this transaction, which is currently in process due to ongoing execution of documents.The estimated sale value for Purva Ruby Properties Private Limited has been set at ₹145,00,00,000/- (Rupees One Hundred and Forty-Five Crores only). The buyer in this transaction is Prishal Office Parks III Private Limited, which is a company owned by ICICI Prudential Office Yield Optimiser Fund - AIF II. The buyers are noted as not belonging to the Promoter or Promoter Group...

Royal Orchid Hotels Posts Robust Q1 FY27 Results; Consolidated Income Rises 38.5% YoY Bengaluru, August 11, 2026: Royal Orchid Hotels Ltd., a fast-growing hospitality group with over 123 hotels nationwide, announced its Unaudited Standalone and Consolidated financial results for the First Quarter ended June 30, 2026. The Company reported a resilient performance during the quarter, driven by strategic portfolio expansion, improved operational efficiencies, and strong demand across various business and leisure markets.Consolidated Total Income saw a significant jump, rising 38.5% year-on-year to INR 114.70 crore. Consolidated EBITDA grew by 39.1%, reaching INR 32.93 crore. The consolidated net profit (PAT) for the quarter stood at INR...

Repco Home Finance Reports Q1 Results: Standalone Net Profit Reaches 114.15 Crores; LCR Hits 202.13% Repco Home Finance Limited, promoted by REPCO Bank (a Government of India Enterprise), announced its un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were approved by the Board of Directors on August 11, 2026.The company reported a Total revenue from operations of 467.70 crores for the quarter. Based on this performance, Repco Home Finance recorded a Net profit for the period at 114.15 crores. The financial statement also included figures for both Standalone and Consolidated results.As of June 30, 2026, the company's key financial metrics reflected robust operational health...

Kriti Nutrients Limited Announces Unaudited Standalone and Consolidated Results for Q2 FY26 Kriti Nutrients Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on August 11, 2026.The company operates in the Oil Seed Extraction and Refining business segment only. The consolidated financial statements include the results of its associate, M/s Kriti Industries (India) Limited, which is classified as an associate based on the determination that the company holds significant influence over it. The associate's performance has been consolidated using the...

Piccadily Agro Industries Announces Board Meeting to Recommend Final Dividend for FY 2025-26Piccadily Agro Industries Ltd has scheduled a meeting of its Board of Directors to recommend the final dividend for the financial year 2025-26. The board meeting is set to take place on Tuesday, August 18, 2026.In anticipation of this recommendation, the company announced that the trading window for all designated persons, their immediate relatives, and other insiders will be closed. This restriction applies from Tuesday, August 11, 2026, until 48 hours after the Final Dividend is recommended by the Board.The measures are part of the Company's Code of Conduct regarding insider trading ahead of the dividend recommendation.PICCADIL Stock...

Hindustan Composites Sells Friction Business Undertaking in Strategic Divestiture Hindustan Composites Limited has agreed on a major transaction involving the sale of its Friction Business Undertaking as a going concern. The business division, which focuses on the development, manufacturing, and marketing of friction material for automobile, railway, and industrial applications, is being sold to Rane (Madras) Limited (RML).The agreement details were finalized on June 30, 2026. The completion date for the slump sale is expected on or before September 30, 2026, subject to closing conditions. Hindustan Composites Limited is transferring this business to Rane (Madras) Limited, which does not belong to the Promoter or Promoter Group.The...

Global Education Limited Completes Acquisition of OwnPrep; Announces Q1 FY2026 Financial Results Global Education Limited has announced that its Board of Directors approved, among other matters, the acquisition of a stake in OwnPrep Private Limited. The company also reported the unaudited consolidated financial results for the quarter ended June 30, 2026.The Board meeting on August 11, 2026, considered and sanctioned several key business developments. The directors approved a revised Dividend Distribution Policy, which is set to take effect from August 11, 2026, subject to future reviews required by applicable laws.Corporate Transaction Details The Board of Directors reviewed and approved the acquisition of shares in OwnPrep Private...

Aeroflex Enterprises Reports Q1 Results: Consolidated Net Profit Reaches 9,662.79 Lakhs Aeroflex Enterprises Limited, formerly known as Sat Industries Limited, has released its financial results for the quarter ended June 30, 2026. The company reported a net profit of 9,662.79 lakhs from continuing operations.The Consolidated Unaudited Financial Results show robust performance across key metrics. For the quarter, Aeroflex recorded Revenue from Operations at 18,899.76 lakhs. During the period, the company's Profit before tax stood at 15,013.28 lakhs. After accounting for applicable taxes, the profit for the period from continuing operations was 10,322.00 lakhs.The results demonstrate strong profitability attributable to the owners of...

Gujarat Energy Limited Reports Q2 Results; Board Approves Financials and Appoints Cost Auditor Gujarat Energy Limited (GEI), which was previously known as Gujarat Gas Limited (GGL), has reported its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors approved these consolidated and standalone financials at a meeting held on August 11, 2026, and further approved the appointment of Mj s. Kailash Sankhlecha & Associates as the Cost Auditor for Fiscal Year (FY) 2026-27.The company’s operations span several segments, including Exploration and Production (E&P), Gas Trading, Power generation, and City Gas Distribution. The financial statements detail both standalone and consolidated performance metrics...

Kriti Industries Announces Q1 Financial Results for FY2026-27: Standalone Net Loss Reported Kriti Industries (India) Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company's Board of Directors reviewed and approved these statements during a meeting held on August 11, 2026.The financial results reflect the operational status of the Group over the first quarter of the fiscal year.Q1 Financial Highlights (Quarter Ended June 30, 2026) Standalone Performance: In the standalone segment, Kriti Industries reported a total income of 17,346.56 lakhs against a revenue from operations of 17,311.16 lakhs. Total expenses for the quarter were recorded at 17,649.70 lakhs...

Rico Auto Industries Announces 43rd Annual General Meeting for FY 2025-26 Rico Auto Industries Limited has announced that its 43rd Annual General Meeting (AGM) is scheduled. The meeting is set to address various business matters as detailed in the Notice of the AGM dated May 29, 2026.The AGM will be held on Tuesday, September 8, 2026, at 12:00 Noon. Members can attend the meeting via Video Conferencing (VC) or other Audio-Visual Means (OAVM).In addition to the notice of the meeting, Rico Auto Industries Limited has released the Annual Report for the Financial Year 2025-26. The company is ensuring access to these documents for all shareholders.Shareholders can access the AGM Notice along with the Annual Report for FY 2025-26...

Anondita Medicare MD Invited to Attend ET Immersions in Japan Focused on India-Japan Business OpportunitiesMr. Anupam Ghosh, Managing Director of Anondita Medicare Limited, along with other company associates, has been selected to participate as a distinguished delegate at the ET Immersions - Japan Edition. The program is being held in Tokyo, Japan, and aims to foster interactions related to global business practices.The delegation will attend the event, which is scheduled from August 29, 2026, to September 2, 2026, as invited by The Economic Times Business Verticals.The comprehensive program itinerary includes several key components designed to provide insights into Japan's business ecosystem and strengthen international...

Bafna Pharmaceuticals Reports Q1 2026 Unaudited Results; Announces 31st AGM Details Bafna Pharmaceuticals Limited has announced the unaudited financial results for the first quarter ended June 30, 2026. The Company also provided updates regarding its upcoming Annual General Meeting (AGM) and management's position on ongoing GST matters.The Board of Directors held a meeting on August 11, 2026, which included considering and approving the unaudited financial results along with a Limited Review Report issued by the Statutory Auditors for the first quarter ended June 30, 2026.Financial Performance Highlights Bafna Pharmaceuticals reported strong revenue performance in the first quarter of fiscal year 2027. Total income stood at 2,849.42...

Om Power Transmission Limited Announces Q2 Financial Results and Updates Proceeds Utilization Post-IPO Om Power Transmission Limited confirmed the approval of its Unaudited Standalone Financial Results for the Quarter ended June 30, 2026. The results were reviewed and recommended by the Audit Committee before being approved by the Board of Directors during the meeting held on August 11, 2026.Beyond the quarterly performance, the company provided a detailed update regarding the utilization of proceeds from its fresh equity issue following the IPO. Management also announced plans for a new subsidiary and disclosed a material change in accounting estimates related to depreciation methods.Financial Performance Summary The Unaudited...

Global Vectra Helicorp Approves Board Decisions, Reports Unaudited Financial Results for Q Ended June 30, 2026 Global Vectra Helicorp Limited announced key operational decisions following a Board meeting held on August 11, 2026. The outcomes included the re-appointment of its Chairman, the appointment of a new Chief Executive Officer (CEO), and the addition of an Additional Director. The company also released its unaudited financial results for the quarter ended June 30, 2026.The Board Meeting confirmed several strategic appointments, subject to shareholder approval at the upcoming Annual General meeting scheduled for Tuesday, September 29, 2026.Key Appointments Announced:Chairman Re-appointment: Lt. Gen. Sarab Jot Singh Saighal...

SBI Capital Markets Adds Stake to NSE IPO as Massive Rs 30,000 Crore Offer For Sale Closes In The National Stock Exchange of India (NSE) is gearing up for one of the largest public offerings in recent memory. The exchange's proposed Initial Public Offering (IPO), estimated at around Rs 30,000 crore, has confirmed several key selling shareholders, including SBI Capital Markets Ltd (SBICAPS).The IPO is being structured as an Offer For Sale (OFS). This means that the shares are being sold by existing corporate stakeholders. The proceeds from this large issue will therefore accrue directly to these selling entities rather than representing fresh capital raised by NSE.SBICAPS' Role in the Monumental NSE Offering SBICAPS has been added as...