Markets

Telecom Giant Altius Files Mega IPO Papers: Brookfield Trust to Raise Rs 6,000 Crore in Infrastructure Push Altius Files Draft Offer Documents as it Seeks Public Listing and Capital Infusion Altius Telecom Infrastructure Trust, a pivotal player in India's telecom landscape, has formally filed its draft offer documents with the markets regulator. This move signals a major transition from being a privately listed infrastructure investment trust (InvIT) to becoming a publicly traded InvIT. The company aims to raise substantial capital through an Initial Public Offering (IPO).The filing reveals that Altius plans to raise Rs 500 crore through a fresh issue of units. Additionally, the IPO includes an Offer-For-Sale (OFS) component, allowing...

PNC Infratech Announces Financial Results, Reappoints Auditors and Approves Key Director Appointments PNC Infratech Limited has released its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company's Board of Directors approved several key appointments and reappointments related to management, independent directorship, and statutory audits during a meeting held on August 8, 2026.The company also confirmed the re-appointment of M/s NSBP & Co., Chartered Accountants, as Statutory Auditors for the next two years. These results were reviewed by the company's auditors, M/s NSBP & Co.Management and Board Appointments During the board meeting, several senior management appointments and...

Advanced Enzyme Technologies Reports Q1 FY27 Results: Revenue at 1,898 Million INR, PAT Grows 30% Y-o-Y Advanced Enzyme Technologies Limited, a leading specialty biotech company focused on enzyme manufacturing, has announced its unaudited financial results for the first quarter of Fiscal Year 2027 (Q1 FY27) ended June 2026. The company reported consolidated figures showing revenue of ₹1,898 million, while Profit After Tax (PAT) saw significant growth compared to the previous year.The consolidated quarterly highlights reflect the performance across various metrics, including revenue and profitability margins.Consolidated Financial Performance Summary Over the three years provided in the data, the company maintained stable EBITDA...

Atul Auto Reports Strong Growth in Quarterly Performance Amid Operational Restructuring Atul Auto Limited, a manufacturer of three-wheelers, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported significant improvements across both operational and financial metrics compared to the same period last year, even as it made major strategic decisions regarding its manufacturing footprint.The Board of Directors confirmed the results alongside several key governance updates, including the re-appointment of senior management and a substantial shift in manufacturing focus intended to improve overall efficiency.Financial Highlights for Q1 FY 2026-27 Atul Auto Limited demonstrated robust growth in...

HBL Engineering Approves Quarterly Results and Sets Key Dates for Shareholders HBL Engineering Limited, formerly known as HBL Power Systems Limited, announced key outcomes from its Board of Directors meeting held on August 08, 2026. The Board approved the unaudited financial results for the quarter ended on June 30, 2026, and fixed critical dates related to book closure and shareholder eligibility.The company confirmed that the audit review report concerning the quarterly performance holds an unmodified opinion. The approval of the standalone and consolidated audited financial results is now complete.In addition to approving the quarterly financials, the Board meeting set the timeline for the upcoming general body meetings. A...

Affle 3i Announces Q1 Results, Details Investment Status in Bobble, and Strategic Transactions Affle 3i Limited released its unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The results were approved by the Board of Directors on August 8, 2026. In addition to the financial outcomes, the company provided updates regarding its investment in Talent Unlimited Online Services Private Limited (Bobble) and noted a significant warrant allotment deal.The company's business activities primarily fall within the consumer platform segment, operating across India and other global markets.Standalone Financial Performance Highlights (Quarter ended June 30, 2026) Affle 3i reported key figures for the...

Jindal Stainless Limited Fixes Record Date for Final Dividend of ₹ 3 Per Equity Share Jindal Stainless Limited has set a specific record date determining the eligibility of members for the payment of a final dividend related to the financial year 2025-26. The dividend is linked to the company's equity shares, with a face value of ₹ 2/- each.The record date and associated details were provided in connection with the distribution of this payment.Key details regarding the eligibility criteria are summarized below:Type of SecurityRecord DatePurposeEquity SharesAugust 21, 2026 (Friday) (close of business hours)Determination of members' eligibility for the final dividend of ₹ 3/- per equity share.The final dividend payment...

Lumax Industries Approves Unaudited Q1 Financial Results for June 30, 2026 Lumax Industries Limited has reported its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors approved these results, which reflect the company's operations in manufacturing and trading of Automotive Components.The financial statements provide a detailed look at operational income and expenses across both segments of the business—the standalone entity and the consolidated Group.Standalone Financial Performance (Q1 2026) The unaudited standalone financial results, received from S.R. Batliboi & Co. LLP, Statutory Auditors, show key figures for the quarter ended June 30, 2026, compared to the...

Forge Auto International Limited Clarifies Stock Price Movement Citing Market Conditions Forge Auto International Limited, a manufacturer, exporter, and OEM supplier of Drop Forged and Machined Components, has clarified the factors behind the recent price movement of its security on stock exchanges.The company stated that there is no additional or impending information that could impact the trading price or volume of its scrip across exchanges. Forge Auto International Limited emphasized that management’s actions are entirely unconnected to any increase in the Company's stock price or volume.In addressing market fluctuations, the management confirmed that any observed rise in the company's share price and volume is purely a result...

Adani Enterprises Limited's Subsidiary Adopts New Identity with Incorporation of AACL Global IFSCAdani Enterprises Limited has seen its step-down wholly owned subsidiary successfully incorporate a new entity focused on global treasury operations. The newly incorporated company is named AACL Global IFSC Limited, having been granted incorporation status in India.The entity serves as the Global Treasury Centre for the group, operating under regulations permitted by the IFSCA (Finance Company) Regulations, 2021. This move expands the scope of financial services offered through Adani's subsidiary structure.AACL Global IFSC Limited was incorporated on July 15, 2026. The company is designated to operate within the Financial Services...

Bajel Projects Limited Secures Mega Order for 400kV Transmission Line Works Bajel Projects Limited has been awarded a significant EPC Order for Transmission Line works from PowerGrid Corporation of India Limited (PGCIL). The contract falls under the classification of a Mega Order, according to the company's project structure.The order involves the construction of the Transmission Line Package TL06 for LILO of Ranchi (New)- New PPSP 400kV D/C line at Jamshedpur (New). The scope of work includes the Jamshedpur (New) to LILO section towards Ranchi (New)- 400kV D/C (Twin Moose), and the Jamshedpur (New) to LILO section towards New PPSP - 400kV D/C (Twin HTLS).The contract was placed by PGCIL on behalf of their SPV, M/s WR ER Part A...

Auro Impex & Chemicals Limited Approves Key Directorship Changes and Strategic Management Appointments Auro Impex & Chemicals Limited announced significant updates regarding its leadership structure, effective August 8, 2026. The Board of Directors meeting approved the re-designation of two key executives and appointed senior managerial personnel across various departments. Furthermore, the company enacted an alteration to its Articles of Association related to directorship rotation.Executive Leadership Re-Designations The Board meeting saw Mr. Madhusudan Goenka and Mr. Praveen Kumar Goenka undergo important re-designations, recognizing their instrumental role in the growth of the Auro Group of Companies.Mr. Madhusudan Goenka was...

NBCC Successfully Concludes E-auction of Commercial Space at Bharat Business Park in New Delhi NBCC (India) Limited has successfully concluded the e-auction sale of commercial built-up space located at Bharat Business Park, Sarojini Nagar, New Delhi. The transaction was completed through an organized e-auction process conducted by the company.The property sold under the auction is a significant asset in the capital region. NBCC managed to sell approximately 2.34 lac sq. ft of commercial built-up space at Bharat Business Park for an approximate total sale value of Rs. 1,236 crore.In addition to the primary sale, NBCC will also receive a marketing fee amounting to 1% of the sale value from the transaction. The successful closure of...

Mangalam Cement Reports Unaudited Financial Results for Quarter Ended June 30, 2026 Mangalam Cement Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company approved these results at a meeting of the Board of Directors held on August 8, 2026.The statutory auditors have completed a limited review of the results in line with relevant standards.Mangalam Cement’s unaudited financial performance for the quarter ended June 30, 2026, along with previous periods, is summarized below. All figures are presented in Rs. Lakhs.ParticularsQuarter Ended 30.06.2026 (Unaudited)Quarter Ended 31.03.2026 (Audited)Quarter Ended 30.06.2025 (Unaudited)Year Ended 31.03.2026 (Audited)Revenue from...

IFGL Appoints Mukesh Harshadrai Rawal as Whole-time Director and CEO India IFGL Refractories Limited has appointed Mr Mukesh Harshadrai Rawal as a Whole-time Director and Chief Executive Officer India. The Board of Directors made the appointment following the recommendation of the Nomination and Remuneration Committee (NRC).Mr Rawal, who holds DIN: 11676514, will serve in the capacity of Director and CEO India for a period of three years. The term commenced on August 16, 2026, and is set to conclude on August 15, 2029. He will be liable to retire by rotation.The company noted that the appointment is subject to terms and conditions, including necessary approvals from shareholders of the Company and the Central Government. The filing...

ABFRL posts strong Q1 FY27 results, reporting 11% revenue growth as portfolio expands Aditya Birla Fashion and Retail Limited (ABFRL) reported its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company saw revenue rise by 11% year-on-year, driven by sustained double-digit growth across several segments.The board of directors approved these financials, which include necessary adjustments under Ind AS. ABFRL reported a focus on strategic expansion and building a diversified play as the company navigates the retail landscape.Q1 Financial Performance Snapshot The financial results show that revenue increased significantly in Q1 FY27 compared to the previous year (LY). Operating profit...

Suryalakshmi Cotton Mills Approves Q1 Unaudited Results, Announces Key Management Appointments Suryalakshmi Cotton Mills Limited announced the approval of its un-audited financial results for the first quarter ended June 30, 2026. The Board of Directors reviewed and approved the financial performance in addition to setting details for the company's upcoming Annual General Meeting (AGM). The meeting was held on August 8, 2026.The Board also addressed significant changes in key managerial personnel, approving the appointment of a new Company Secretary while noting the cessation of another executive due to superannuation.AGM and Book Closure Details The company approved convening its 63rd Annual General Meeting (AGM) on Wednesday...

Narmada Agrobase Secures 300 MT Contract for Delinted Cotton Seed Narmada Agrobase Limited has received a significant purchase order for delinted cotton seed, strengthening its operational pipeline in the agricultural sector. The contract was awarded by Dal Chand Vachraj And Company and covers a quantity of 300 MT.The agreement outlines key terms regarding the supply of the specialized agricultural commodity. The transaction is designated as domestic and has a defined timeline for execution.Details of the secured order are summarized below:ParticularsDetailsName of Entity awarding the contractDal Chand Vachraj And CompanyNature of ContractDelinted cotton seedQuantity300 MTTransaction TypeDomesticExecution...

Ceigall India Limited Names Key Managerial Personnel for Corporate Disclosures Ceigall India Limited has identified and listed its Key Managerial Personnel (KMP), who are authorized to determine the materiality of company events or information and execute necessary disclosures.The designated KMPs include senior leadership across various operational and compliance functions, ensuring clear lines of accountability regarding corporate transparency and decision-making within the organization.The details of the Chief Executive Officer, Directors, and the Chief Financial Officer have been made available, along with the Company Secretary who manages compliance matters.Key Managerial Personnel (KMP) details for Ceigall India Limited are...

Apollo Micro Systems Reports Q1FY27 Results; Announces Share Acquisition and Major Defence Advancements Apollo Micro Systems Limited, a Hyderabad-based, publicly listed multi-disciplinary Defence technology company and Tier-I Original Equipment Manufacturer (OEM), has provided an update on its business activities and financial performance. The company's core competencies cover the design, development, manufacture, integration, and life-cycle support of advanced weapon systems and defence platforms.Apollo Micro Systems Limited is a critical supplier within the defence ecosystem, serving DRDO, HAL, BEL, and the Ministry of Defence. Furthermore, the Company holds authorization under the Arms Act, 1959 to manufacture missile-class weapon...