Markets

Jubilant Pharmova Reports Q1'FY27 Results; Revenue Grows 17% Amid Operational Challenges Jubilant Pharmova Limited announced its financial and operational performance for the quarter ended June 30, 2026. The company reported a consolidated revenue of Rs. 2,229 Cr., marking 17% growth year-on-year (YoY). Total Income stood at Rs. 2,249 Cr., reflecting an 18% YoY increase. However, EBITDA decreased by 11% compared to the same period last year.The company’s board meeting approved the financial results for Q1'FY27. While revenue exhibited solid growth across all business segments, profitability metrics saw pressure. Reported PAT for the quarter was Rs. 56 Cr., a 45% decrease YoY from Rs. 103 Cr. in Q1'FY26.Segmental Performance Snapshot...

Choice International Limited posts quarterly results amid management changes and new acquisitions Choice International Limited reported its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The company also announced key changes in its leadership, including an appointment of a new Chief Financial Officer (CFO), alongside strategic acquisitions of two companies during the period.The Board of Directors held a meeting on August 10, 2026, to approve the results and other operational aspects for the quarter. The company also approved the Draft Notice for its 33rd Annual General Meeting, which is scheduled to be held on Saturday, September 26, 2026.Financial Highlights The financial results...

Valiant Laboratories Approves Key Director Reappointments and Signals Rs 60 Crore Investment in SubsidiaryValiant Laboratories Limited announced several significant outcomes from its Board of Directors meeting, approving key appointments, corporate restructuring moves, and a substantial investment plan for its wholly-owned subsidiary, Valiant Advanced Sciences Private Limited (VASPL).The Board approved the re-appointment of Mr. Santosh Vora as Managing Director (MD) for five years, effective February 06, 2027. The appointment follows a recommendation from the Nomination and Remuneration Committee. Additionally, Mrs. Sonal Vira was re-appointed as an Independent Director (ID) for a second term of five consecutive years, effective...

Bharat Forge Limited plans further investment in wholly-owned subsidiary Kalyani Strategic Systems Limited Bharat Forge Limited has approved a further investment in its wholly owned subsidiary, Kalyani Strategic Systems Limited (KSSL). The company has sanctioned the investment at fair value, with the proposed expenditure not exceeding Rs. 2,400 million, which will be executed in one or more tranches.The investment relates to KSSL, an Indian public limited company incorporated on December 20, 2010. Kalyani Strategic Systems Limited is engaged in developing and manufacturing defense platforms, systems, and equipment, offering for sale, delivering, and commissioning these products for customers in both India and global markets. KSSL...

Choice International Acquires 100% Stake in Choice Proptech Solutions for Strategic Group RestructuringChoice International Limited has completed the acquisition of a controlling stake in Choice Proptech Solutions Private Limited, converting the entity from a step-down subsidiary to a Wholly Owned Subsidiary. The transaction involved the purchase of 10,000 equity shares of Choice Proptech Solutions from Choice Consultancy Services Private Limited, which is a subsidiary of the larger group.The acquisition was finalized through an arrangement where Choice International paid a total consideration of ₹6,22,20,000 for the 10,000 equity shares, each valued at ₹6,222. This move solidifies Choice Proptech Solutions Private Limited within...

Ind-Swift Laboratories Announces Land Sale Deal and Reports Quarter Results Ind-Swift Laboratories Limited has announced that its Board of Directors approved several key decisions, including the sale of a non-operational land parcel and the release of unaudited financial results for the quarter ended June 30, 2026.The company confirmed the approval to sell a piece of land situated in Village Behra, Derabassi, Punjab. The land parcel measures approximately 40 Bighas (about 10 acres). Ind-Swift Laboratories will receive a total consideration of ₹17.50 Crore for this disposal.The sale transaction is expected to be completed over a period of nine months, subject to the terms and conditions of the agreement. The company stated that the...

Euro Pratik Reports Highest Ever Quarterly Revenue in Q1 FY27; PAT Jumps 116% Year-on-Year Euro Pratik Sales Ltd., a leading Surface Decorative Product company, announced its un-audited financial results for the quarter ending June 30, 2026. The company reported record quarterly revenue and significant profitability gains in Q1 FY27.The company demonstrated strong momentum across the board, with key performance indicators showing substantial growth:MetricQ1 FY27YoY GrowthRevenue from Operations₹ 103.3 Cr60%EBITDA₹ 29.2 Cr25%Profit After Tax (PAT)₹ 20.0 Cr116%Financial Performance Breakdown The detailed financial metrics for Euro Pratik Sales Limited showed robust performance compared to the previous fiscal year and...

Route Mobile Limited details sustainability commitments, reporting 17.58 metric tons CO₂ reduction in FY2025-26 Route Mobile Limited (RML), a leading Omnichannel CPaaS provider serving enterprises, OTT players, and mobile network operators (MNOs) globally, has detailed its Business Responsibility and Sustainability Report for the financial year 2025-26. The report outlines RML's extensive operational reach, product portfolio, and commitment to ESG principles across various business aspects.Founded in 2004, Route Mobile operates across over 20 countries in regions including Asia Pacific, the Middle East, Africa, Europe, LATAM, USA, UK, and SE Asia, with its headquarters situated in Mumbai, India. RML offers a comprehensive Omnichannel...

Manaksia Steels Approves Q2026 Results and Grants In-Principle Approval for ₹800 Crore Facility Expansion Manaksia Steels Limited has announced key outcomes from its Board meeting held on August 10, 2026, including the approval of its unaudited financial results for the quarter ended June 30, 2026. The Board also granted in-principle approval for a significant expansion project aimed at boosting specialty steel production in West Bengal.The company confirmed that the meeting approved the Unaudited Financial Results (both Standalone and Consolidated) for the quarter ended June 30, 2026.Financial Performance Highlights The reviewed financial results show key figures across various reporting periods. The table below details a segment...

Panache Digilife Announces Board Decisions, Appoints Independent Director, Issues ESOP Grant Details Panache Digilife Limited held its Board of Directors meeting on August 10, 2026, where it approved the unaudited financial results for the quarter ending June 30, 2026. The meeting also saw significant corporate changes, including the appointment of a new Independent Director and the grant of Employee Stock Options (ESOPs).Key updates related to governance and compensation were announced by the company. Mrs. Tejaswini More was appointed as an Independent Director (ID), subject to shareholder approval at the ensuing Annual General Meeting (AGM). She will hold the position for a second term, spanning from January 18, 2027, till January...

Ecoline Exim Limited Announces Key Management Appointments and Sets Record Date for Upcoming AGM Ecoline Exim Limited announced several key corporate decisions following a Board meeting held on August 10, 2026. The board approved important management appointments, including the Chief Financial Officer (CFO), alongside approving the notice for the company's 17th Annual General Meeting (AGM).Among the boardroom actions was the approval of the Board’s Report for the financial year ending March 31, 2026. The board also approved the re-appointment of Saurabh Saraogi, who is liable to retire by rotation. Furthermore, the appointment of Rajesh Kumar Jindal as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) was ratified...

Thejo Engineering Limited Reports Strong Q1FY27 Results with Revenue and Margin Gains Thejo Engineering Limited has announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company reported growth across both stand-alone and consolidated operations, alongside improved profitability margins.The results confirm a positive performance trajectory, driven by strong operational execution and strategic developments in global markets.Financial Performance Highlights For the quarter ended June 30, 2026, thecompany demonstrated significant gains. Standalone Revenue from Operations stood at 14438.41 (Rs. In Lakhs), while Consolidated Revenue from Operations reached 17761.11. Profit After...

Valiant Laboratories Approves Q2 Financial Results; Demonstrates Performance Across Segments Valiant Laboratories Limited has approved its Audited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The results were reviewed and approved by the Board of Directors following a meeting held on August 10, 2026, with the audit reports issued by Raman S. Shah & Co., Chartered Accountants.The company operates as a single segment entity in the chemicals manufacturing business.Standalone Financial Results The standalone financial results reflect the performance for the quarter ended June 30, 2026, and the year-to-date period spanning April 1, 2026, to June 30, 2026. These results were audited in accordance...

Key Management Personnel Designated for Disclosures at Fusion Finance LimitedFusion Finance Limited has identified and listed the Key Managerial Personnel (KMP) authorized to determine the materiality of events or information and make disclosures on behalf of the company. The company specified that these individuals are responsible for making formal disclosures concerning material events.The designated personnel hold senior roles within the organization, ensuring clear accountability for corporate communications and regulatory requirements.The Key Managerial Personnel authorized for decision-making regarding event materiality at Fusion Finance Limited are detailed below:NameDesignationMr. Sanjay GaryaliManaging Director &...

Aditya Vision Limited Announces 27th Annual General Meeting and E-voting Schedule Aditya Vision Limited has announced the details for its 27th Annual General Meeting (AGM) and provided a schedule regarding the record date and electronic voting processes.The company's 27th AGM is scheduled to be held on Wednesday, September 02, 2026, at 04:30 PM (IST). The meeting will be conducted via Video Conferencing/Other AudioVisual Means (OAVM).Key dates related to the AGM and shareholder entitlements have also been set. Wednesday, August 26, 2026, has been designated as the Record date for the purpose of the Annual General Meeting and for ascertaining members' entitlement regarding any dividend that may be declared for the financial year...

Dilip Buildcon Sells Stake in Power and Solar Projects to Alpha Alternatives, Targeting Asset-Light Strategy Dilip Buildcon Limited (DBL), a leading multi-asset infrastructure company, has approved the divestment of its stake in two under-construction power projects—a transmission project and a solar portfolio—to Alpha Alternatives Fund Advisors LLP and/or its affiliates. The combined total cost of these assets is approximately ₹8,400 Cr.The transaction is aimed at advancing DBL's "DBL 2.0" strategy. This strategic shift focuses on building an asset-light, multi-asset development platform, allowing the company to recycle capital and strengthen its balance sheet through deleveraging.The portfolio being divested includes two separate...

Dilip Buildcon Reports Q1FY27 Results; Reaffirms FY28 Net Debt-Free Target Amid Strategic Divestment Dilip Buildcon Limited, a major multi-asset infrastructure platform, reported its financial results for the first quarter of fiscal year 2027 (Q1FY27). The Company saw significant performance metrics across both consolidated and standalone operations while announcing the divestiture of stakes in key under-construction power transmission and solar projects to Alpha Alternatives.The reporting period ended June 30, 2026. Management reaffirmed the FY28 net debt-free target as part of its commitment to disciplined capital allocation and operational improvement under its "DBL 2.0" strategy.Financial Highlights for Q1FY27 Dilip Buildcon...

Ideaforge Technology Limited Announces Q1 Financial Results and Successful Debt Refinancing through QIP Ideaforge Technology Limited has reported its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The company also highlighted significant corporate developments, including a recent fundraising round and employee stock option grants, as part of its ongoing operations in the Unmanned Aerial Vehicle (UAV) security and surveillance market.The Board of Directors reviewed and approved the results, which reflect the company's performance across its operational segments. Ideaforge is engaged in the manufacture and marketing of UAV systems used for security and surveillance, operating as a single...

Jubilant Pharmova Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Jubilant Pharmova Limited has reported its unaudited financial results for the quarter ended June 30, 2026, covering both standalone and consolidated performance. The Company’s Board of Directors approved these results at a meeting held on August 10, 2026.The consolidated results reflect significant revenue generation across various operational segments for the Group.Consolidated Performance Overview For the quarter ending June 30, 2026, the consolidated total income stood at 22,493 million. The Company reported a profit for the period of 564 million, contributing to a total comprehensive income of 373 million. Earnings per share (EPS)...

Suraj Estate Developers Limited Approves Issuance of INR 165 Crore in Senior Secured Non-Convertible Debentures Suraj Estate Developers Limited has approved the issuance of Senior, Secured, Unrated, Unlisted, Redeemable, Taxable, and Non-Convertible Debentures (NCDs). This issuance is set to raise up to INR 165,00,00,000 through a private placement basis to eligible investors.The decision was made following the Management Committee of the Board of Directors meeting held on August 10, 2026. The company's approval streamlines the process for raising capital through this debt instrument.Under the approved plan, the NCDs are structured with a face value of INR 10,00,000 each. The planned issuance includes a total of 1,650 such...