Markets

Omnitex Industries Ltd Releases Unaudited Q1 FY2026 Results; Limited Review Confirms Financial Standing Omnitex Industries (India) Limited has released its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors reviewed and approved these results alongside a limited review report provided by statutory auditors M/s JMT & Associates, Chartered Accountants.The results reflect the company's performance across multiple periods in both audited and unaudited formats.Financial Overview Key financial metrics for Omnitex Industries show figures spanning revenue from operations and total income across different reporting dates:Particulars30th June, 2026 (Unaudited)31st March, 2026 (Unaudited)30th June, 2025...

Siyaram Recycling Industries Ltd Secures Order Worth Rs 2,64,43,275 from Dharma Metalex Siyaram Recycling Industries Ltd has secured an order valued at Rs 2,64,43,275 from Dharma Metalex for the supply of Brass Scrap Honey. The contract represents a domestic fixed cost transaction with a defined execution timeline.The company, formerly known as Siyaram Impex Pvt. Ltd., confirmed that this transaction does not constitute a related party deal.Details concerning the secured order are provided below:DetailInformationName of the awarding entityDharma MetalexNature of the orderFixed cost for Brass Scrap HoneyOrder valueRs 2,64,43,275/-Origin of contractDomesticExecution timelineWithin 7 DaysSiyaram Recycling...

WEP Solutions Ltd Rectifies Typographical Error in ESOP Allotment Details WEP Solutions Ltd has issued a clarification regarding an inadvertent typographical error present in its Employee Stock Option Plan ESOP allotment disclosure. The correction pertains specifically to the distinctive numbers of the equity shares allotted under the plan.The company noted that while there was an initial disclosure concerning the allotment of 1,25,900 Equity Shares pursuant to the exercise of vested stock options, a clerical mistake occurred in Annexure A of the original filing concerning the range of share distinctive numbers.The error involved the starting distinctive number of shares. Previously mentioned as 36830278, the correct starting...

Sar Televenture Approves Changes in Leadership: Vikas Tandon Steps Down as Whole-time Director; Paramjit Singh AppointedSar Televenture Limited has approved significant changes to its board, with Mr. Vikas Tandon resigning from his position as a Whole-time Director, while Mr. Paramjit Singh has been appointed as a Non-Executive Non-Independent Director. These decisions were formalized by the Board of Directors at a meeting held on August 10, 2026.Mr. Vikas Tandon resigned from the role of Whole-time Director effective at the close of business hours on August 10, 2026. The resignation was cited as part of a corporate realignment strategy focused on supporting group level strategic acquisitions and subsidiary growth plans. Despite...

NRB Bearing Limited Reports Quarterly Results and Approves Corporate Guarantee for Subsidiary NRB Bearing Limited announced the outcome of its Board Meeting held on August 07, 2026, wherein it reviewed unaudited financial results for the quarter ended June 30, 2026. The meeting also approved the issuance of a corporate guarantee up to Rs. 50 Crores in favour of HSBC Bank concerning the subsidiary NRB Unitec Friction Solutions Private Limited.The company provided both standalone and consolidated unaudited financial statements for the recently concluded quarter.Financial Performance Summary (Quarter Ended June 30, 2026) The results presented by the Company reflect operational activity across its domestic and international operations...

Crypto Clarity Act Moves in US Senate: Thune Push Signals Major Regulatory Victory for Trump and Digital Asset Hub Ambitions The battle for comprehensive regulation of digital assets has received a significant procedural boost in Washington. The move by the Senate Majority Leader signals that establishing a unified federal regulatory framework is progressing, marking a potential policy triumph for President Donald Trump and the global cryptocurrency industry.Senator John Thune filed the necessary steps to advance the Crypto Clarity Act, setting up a crucial procedural vote ahead of the Senate's return in mid-September. This proactive measure indicates confidence among Republican leaders that securing the necessary 60 votes remains...

Amalgamated Electricity Company Ltd Approves Unaudited Financial Results for Quarter Ending June 30, 2026 Amalgamated Electricity Company Limited announced the outcome of its Board of Directors meeting held on August 10, 2026. During the meeting, the company approved the unaudited financial results for the quarter ended June 30, 2026. The Board also considered other routine business matters as permitted by the chair.The review of the unaudited financial statements was conducted by Vatsaraj & Co., Chartered Accountants. This statement adheres to the recognition and measurement principles set forth in Indian Accounting Standard 34 (Ind AS 34).Independent Auditor's Review Highlights Based on their review, nothing came to the attention...

Meghna Infracon Infrastructure Announces Board Meeting to Approve Q1 Financial Results Meghna Infracon Infrastructure Ltd has scheduled a meeting of its Board of Directors for Friday, August 14, 2026. The primary agenda item for the board is the consideration and approval of the Un-audited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026.The company's Board meeting will address the financial performance of the company during the corresponding period, alongside a Limited Review Report prepared by the Statutory Auditors.In line with regulations regarding insider trading, the company confirmed that the trading window for dealing in its securities was closed starting July 1, 2026, and remains closed...

Board Approves Name Change: Avax Apparels And Ornaments Ltd Decides to Transition to New Entity Name Avax Apparels and Ornaments Limited has resolved to change its company name. The decision was made by the company's Board of Directors during a meeting held on August 10, 2026.During the board meeting, the directors considered and approved a change from the current name, Avax Apparels And Ornaments Limited. The company has decided to transition to 'Avax Limited,' or any other name that may be designated by the Board of Directors and subsequently permitted by relevant regulatory authorities.The proposed name change is subject to the final approval of the Shareholders, as well as necessary clearances from the Registrar of...

Yen Slips Past 160: Bank of Japan Signals Heightened Vigilance Over Currency Weakness and Inflation Risks The Bank of Japan (BOJ) is intensely monitoring the trajectory of the Japanese currency, indicating that sustained yen weakness could be a critical determinant in future monetary policy decisions. Governor Kazuo Ueda has emphasized that the impact of exchange rate fluctuations on import costs remains a primary concern for the central bank.The Japanese Yen recently broke past the psychologically significant 160 mark against the U.S. dollar, marking its weakest level since July 2024. This sharp depreciation has heightened concerns among policymakers and prompted verbal intervention warnings from Japan's top currency official.BOJ...

SEBI Scrutinizes CAS Trades After Sharp Index Jumps, Targeting Potential Manipulation The Securities and Exchange Board of India (SEBI) has initiated a close examination of trades executed during the Closing Auction Session (CAS) on August 3rd and 4th. The regulator is probing these transactions to determine if any attempt at market manipulation occurred. This stringent oversight follows concerns raised by market participants regarding disproportionate movements in index levels before and after the CAS sessions.SEBI Investigation into Price Movements SEBI has requested trading data from stock exchanges for the initial two days of the new closing mechanism. After receiving the necessary information, the regulator is currently analyzing...

Kanishk Steel Industries Ltd Reports Q3 FY26 Results; Management Addresses Labour Code Impact Kanishk Steel Industries Limited released its unaudited Standalone Financial Results for the quarter ended June 30, 2026. The results provide a snapshot of the company's performance across various periods, alongside operational commentary regarding recent legislative changes in India.The Company operates primarily in the steel segment and has no separate reportable operating segments under Ind AS 108.Financial Performance Overview The unaudited results for the quarter ended June 30, 2026, include detailed data across comparative periods. The financial metrics are presented below (in Rs Lakhs):ParticularQ Ended 30-Jun-2026 (Unaudited)Q...

Talbros Automotive Components Limited Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Talbros Automotive Components Limited has released its unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held on August 10, 2026.The company's standalone performance details for the relevant periods are presented below:ParticularsQuarter Ended 30-Jun-26 (Unaudited)Quarter Ended 31-Mar-26 (Audited)Quarter Ended 30-Jun-25 (Unaudited)Year Ended 31-Mar-26 (Audited)Revenue from operations23,840.562,365,4742,067,56487,004.16Total income2,421,6142,406,13121,054.4188,992.08Total...

LGB Forge Ltd Announces Q2 Results and Approves Key Governance Changes LGB Forge Limited reported its standalone unaudited financial results for the quarter ending June 30, 2026, following the Board of Directors meeting held on August 10, 2026. The Board also greenlighted significant corporate changes, including the appointment of a new director and proposed alterations to the company's foundational documents.The statutory auditors provided an unmodified opinion on the financial statements. LGB Forge Limited also approved the proposal to conduct a Postal Ballot to seek shareholder approval for several special business items.Financial Performance Snapshot (Q2 FY26) The Board reviewed the results, which included a Limited Review...

Exicom Tele-Systems Releases Q1 Financial Results for FY26-27; Board Approves Material Related Party Transactions Exicom Tele-Systems Ltd. has announced its unaudited financial results and key board decisions for the first quarter of the financial year 2026-27. The company reported segment-wise performance data, including revenues and profitability across its key business areas. The Board of Directors approved the results and discussed matters relating to related party transactions.The Company's management confirmed that the unaudited financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors on August 10, 2026. Statutory auditors have issued an unmodified report on these...

Bajaj Finance Ltd Allots 1,11,500 Secured NCDs worth Rs. 1,115 crore via Private Placement Bajaj Finance Ltd has successfully allotted 1,11,500 Secured Redeemable NonConvertible Debentures (NCDs) aggregating to Rs. 1,115 crore through a private placement on August 10, 2026. The allotment was made by the company’s Debenture Allotment Committee.The NCDs were allotted at a face value of Rs. 1 Lakh per debenture. These instruments are scheduled to mature in November 2029 and carry an annual coupon rate of 7.78%.The debentures, identified with ISIN INE296A07UD5, have been proposed for listing on the Wholesale Debt Market Segment of BSE Limited. They were issued over a tenure of 1,187 days.Key details regarding the NCD issuance are...

Suryo Foods & Industries Ltd Releases Unaudited Financial Results for Quarter Ended June 30, 2026 Suryo Foods & Industries Limited has published its unaudited financial results and the associated limited review report for the quarter ended June 30, 2026. The results were taken on record during a Board of Directors meeting held on August 10, 2026.The company's financial performance metrics for the specified period are presented in thousands:ParticularsValueOther income1,361Total Income1,366Depreciation and Amortization expenses34Employee Benefit Expenses907Profit before exceptional items and tax (HI)(Data point required from source table, needs careful extraction)The detailed financial breakdown for the quarter...

Shree Rajeshwaranand Paper Mills Ltd to Hold Board Meeting to Review Q1 Un-Audited Financial Results Shree Rajeshwaranand Paper Mills Ltd has scheduled a meeting of its Board of Directors to review the company's operational performance and financial results for the first quarter ended June 30, 2026.The Board meeting is set to take place on Thursday, August 13, 2026. The primary agenda item for the gathering includes considering and taking on record the Un-Audited Financial Results of the Company for the specified quarter.The management stated that the meeting will also include discussions regarding any other matters with the permission of the Chair. This session is intended to provide stakeholders visibility into the company's...

Jain Irrigation Systems Reports Results for Quarter Ended June 30, 2026 Jain Irrigation Systems Limited (JISL) has released its Unaudited Standalone and Consolidated Financial results for the quarter ended June 30, 2026. The company's Board of Directors approved these results at a meeting held on August 10, 2026.The consolidated results show that Jain Irrigation recorded a loss for the quarter. For the period ended June 30, 2026, the Group reported total income of 1,518.32% Crore and a loss of (17.80)% Crore. The total comprehensive income for the period was (21.06)% Crore.The unaudited standalone results also reflected a financial deficit. For the quarter ended June 30, 2026, Jain Irrigation Systems reported Total Income of 710.69%...

Reserve Bank of India Imposes Penalty of Rs 1,49,450 on Canara Bank Over CC Remittance Issues The Reserve Bank of India (RBI) has levied a monetary penalty totaling Rs 1,49,450.00 on Canara Bank following violations related to Currency Chest (CC) remittance activities. The action was taken and communicated on August 10, 2026, concerning issues involving CC Remittance Shortage, Mutilated Notes in CC Remittance, and Counterfeit notes within the remittance process.The penalty covers multiple contraventions related to currency handling. The specific details of the violations and their associated amounts are as follows:Violation TypeAssociated Penalty AmountCC Remittance ShortageRs 1,24,100/-Mutilated Notes in CC RemittanceRs...