Markets

Prince Pipes and Fittings Rated at 'Crisil A+/Negative' Due to Strong Financial Profile Prince Pipes and Fittings Limited (PPFL) has received a credit rating reaffirmation from CRISIL Ratings regarding its various instruments amounting to Rs 768 Crore. The ratings reflect both strong financial health and operational challenges within the domestic plastic pipe industry, according to Crisil’s rationale dated August 07, 2026.The company's total bank loan facilities were rated 'Crisil A+/Negative', while its short-term rating was assigned as 'Crisil A1+'. The ratings continue to assess PPFL’s established market position, diversified product portfolio, and comfortable capital structure against industry headwinds like raw material price...

Salem Erode Investments Ltd. to Hold Board Meeting to Approve Q2 Financial Results Salem Erode Investments Limited has scheduled a meeting of its Board of Directors to review and approve the unaudited standalone financial results for the quarter ended June 30, 2026.The company announced that the Board of Directors meeting is set to take place on Thursday, August 13, 2026. The meeting will be held at the corporate office of Salem Erode Investments Limited.During the board session, among other items, the directors are expected to consider and approve the unaudited standalone financial results for the specified quarter.Stock Price Movement Salem Erode Investments Ltd shares settled at ₹35.00 in post-market trading after dropping...

State ACB Challenges Discharge Order in Case Against Cemindia Projects Ltd Cemindia Projects Limited has been informed that criminal revision cases have been filed before the Andhra Pradesh High Court regarding a previous case involving the company and former employees. The filing challenges a discharge order previously granted by a Special Judge for SPE & ACB Cases in Vijayawada.The dispute originated from a criminal case registered by The State ACB, CIU, A.P., Vijayawada. This case involved allegations of an attempt to bribe public servants, filed under the Prevention of Corruption Act, 1988 read with the Indian Penal Code 1860, against a former employee, a former representative of the company, and Cemindia Projects Limited.In...

BEML Land Assets Ltd Issues Notice Regarding 5th Annual General Meeting to Shareholders BEML Land Assets Limited has announced a notice regarding its 5th Annual General Meeting (AGM). The company released a newspaper advertisement concerning the AGM, providing details for shareholders.The relevant advertisements were published on August 8, 2026, in two publications. These included Financial Express (English - All India Edition) and Eesanje (Kannada - Bengaluru Edition), which was scheduled to be published that evening. The company maintained copies of these newspaper cuttings for reference purposes.BLAL Stock Price Movement Shares of BEML Land Assets Limited on Friday slipped by 0.24% to settle at ₹171.41, trailing a previous close...

Rushil Decor Limited Reports Q1 FY2026 Results; Announces MD Re-appointment and New Statutory Auditor Rushil Decor Limited reported its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company announced that its Board of Directors reviewed and approved these results during a meeting held on August 8, 2026. In related corporate governance updates, the Board also sanctioned the re-appointment of Mr. Rushil K. Thakkar as Managing Director and appointed M/s. Parikh & Majmudar, Chartered Accountants as the Statutory Auditor for a five-year term.The consolidated financial results showed Total Income stand at 2,299.38 in millions for the quarter ended June 30, 2026, compared to 2,345.72...

Ambika Cotton Mills Limited Reappoints P V Chandran as Managing Director for Five Years The Board of Directors of Ambika Cotton Mills Limited has reappointed Sri. P.V. Chandran as the company's Managing Director for a further period of five years. The appointment is effective from April 1, 2027, to March 31, 2032.The re-appointment of Sri. P.V. Chandran was approved at the Board meeting held on August 8, 2026, and remains subject to approval by members through a Special Resolution at the forthcoming Annual General Meeting.Company Profile and Operational Details Sri. P.V. Chandran is currently serving as the Managing Director of Ambika Cotton Mills Limited. Born in Calicut in 1949, he moved to Coimbatore after completing his...

Bombay Dyeing Holds 146th Annual General Meeting; Approves Financials and Key Directorship Resolutions The Bombay Dyeing & Manufacturing Company Limited successfully concluded its 146th Annual General Meeting (AGM) on Friday, August 7, 2026. The meeting was conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM), starting at 11:30 a.m. IST and concluding at 1:00 p.m. IST.The AGM saw the presence of all Directors, Manager, Chief Financial Officer (CFO) and Chief Risk Officer (CRO), the Company Secretary, representatives from Statutory, Cost, Secretarial Auditors, and Scrutinizers. Mr. Nusli N. Wadia, Chairman of the Board of Directors, chaired the meeting.During the proceedings, it was informed that the company's...

Eveready Industries Reports Q Ended June 30, 2026 Results; Recognizes CCI Penalty and New Jammu Facility Launch Eveready Industries India Ltd. has released its unaudited financial results for the quarter ended June 30, 2026, encompassing both standalone and consolidated performance. The results highlight the company's ongoing business operations in consumer goods while noting significant litigation regarding a penalty imposed by the Competition Commission of India (CCI).The Board of Directors reviewed these results at its meeting on August 8, 2026. Eveready Industries operates primarily within the marketing of dry cell batteries, rechargeable batteries, flashlights, and lighting products, constituting its consumer goods business...

Dev Accelerator Limited Appoints Churchgate Advisory for Investor Relations Services Dev Accelerator Limited, previously known as Dev Accelerator Private Limited, has appointed Churchgate Advisory Private Limited to provide services related to investor relations and other ancillary support. The agreement commenced on August 07, 2026.The appointment addresses the provision of specialized advisory services necessary for managing and enhancing corporate stakeholder communication.Key details regarding the engagement include:ParticularsDetailsName of the appointed partyChurchgate Advisory Private LimitedPurpose of agreementInvestor Services, Relations, and other Advisory ancillary functionsShareholding in Dev Accelerator...

NMDC Steel Ltd to Hold Board Meeting to Review Q1 Unaudited Financial Results; Imposes Insider Trading Window Closure NMDC Steel Limited, a Government of India enterprise, has scheduled a meeting of its Board of Directors to examine the performance of the company for the quarter ended June 30, 2026.The Board Meeting is set to take place on Friday, August 14, 2026. The primary agenda item for the session is to consider and approve the Unaudited Financial Results corresponding to the period ending June 30, 2026.In addition to the corporate governance event, NMDC Steel Limited has instituted specific restrictions regarding insider trading. The company announced that the trading window for all insiders, including Designated Persons and...

Divyashakti Ltd Approves Q2 Unaudited Results and Sets AGM Date for September 2026 Divyashakti Ltd has announced its unaudited financial results and limited review report for the quarter ended June 30, 2026. The company also approved the details of its upcoming Annual General Meeting (AGM) and fixed a record date for shareholders regarding the final dividend.The Board of Directors considered and approved the unaudited financial outcomes along with the Limited Review Report for the quarter ending June 30, 2026. Additionally, the company scheduled its 35th Annual General Meeting on Monday, September 28, 2026, at 11:00 A.M., which will be held via Video Conferencing/Other Audio-Visual Means (VC/OAVM).A key decision made by the Board...

IRIS RegTech Reports 33% Year-on-Year Topline Growth in Q1FY27; Sees Momentum Across SupTech and RegTech Segments Navi Mumbai, India (August 7, 2026) A global RegTech company, IRIS RegTech Solutions Ltd., announced its financial results for the first quarter of FY27, ending June 30, 2026. The company reported total revenue of INR 35.2 Cr, marking a 33% year-on-year growth. Operating revenues saw robust 30% year-on-year growth.IRIS RegTech Solutions Ltd., which is listed on the BSE and NSE, continues to specialize in regulatory reporting and digital disclosure solutions for enterprises worldwide. Key metrics across both its SupTech and enterprise SaaS businesses demonstrated steady momentum during the quarter.Financial Highlights and...

Syncom Formulations India Ltd Announces Resignation of Chief Financial Officer (CFO) Syncom Formulations (India) Limited has confirmed the resignation of Mr. Rahul Vijay Bankda from the post of Chief Financial Officer (CFO). The company received the resignation on August 08, 2026.Mr. Bankda tendered his resignation, effective from the close of business hours on August 11, 2026. In a statement submitted to the Board of Directors, Mr. Bankda stated that his decision was due to undertaking a different professional responsibility within the organization. He confirmed that his resignation did not stem from any disagreement with the Board or management of Syncom Formulations (India) Limited.The company acknowledged the resignation and...

SEBI Order Modifies Recovery Certificate as Expert Rules Out Future Interest in IPO Irregularities Case The Securities and Exchange Board of India (SEBI) has issued a significant recovery order, modifying a certificate previously held against Mr. Bhargav Ranchodlal Panchal concerning IPO irregularities. The final decision centers on the principle that no future interest can be levied on disgorgement amounts if it is not expressly provided for in the original SEBI order, following judgments by the Supreme Court of India.Background of Disgorgement Proceedings The matter originated when SEBI directed Mr. Bhargav Ranchodlal Panchal to disgorge unlawful gains amounting to Rs. 8,97,024/- along with simple interest at a rate of 10% per annum...

Cello World Announces First Quarter FY27 Results; Consolidated Revenue Reaches Over ₹54 Crores Cello World Limited has announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported strong performance across both standalone and consolidated segments during the period.The board of directors approved the results, alongside a Statement of Deviation or Variation concerning funds raised through a Qualified Institutional Placement (QIP). Concurrently, the company also detailed the allocation of funds intended for various corporate purposes and provided an update on its ongoing amalgamation process.Financial Highlights: Q1 FY27 Ended June 30, 2026 The results reflect growth in operational income...

National Stock Exchange Grants In-Principle Approval for Rajgor Castor Derivatives Limited’s Proposed Rights Issue Rajgor Castor Derivatives Limited has secured in-principle approval from the National Stock Exchange of India Limited (NSE) regarding its proposed rights issue. The issuance relates to fully paid-up equity shares and is intended to raise funds up to Rs. 23,91,58,520/-.The NSE granted the approval on August 7, 2026, confirming the proposal for the rights issue of the company’s shares. The issuance pertains to fully paid-up equity shares with a face value of Rs. 10/each.Key financial details of the proposed offering are summarized below:MetricDetailsCompany NameRajgor Castor Derivatives LimitedTotal Capital...

Dharmaj Crop Guard Reports Q1FY27 Results; Revenue Climbs 5% YoY Amid Challenging Market Dharmaj Crop Guard Limited, a fast-growing agrochemicals company, announced its financial results for the first quarter of fiscal year 2027 (Q1FY27). The company reported revenue of 3,841 ₹ Mn and EBITDA of 573 ₹ Mn.The Q1FY27 financial highlights are detailed below:Financial MetricValue (₹ Mn)Year-over-Year ChangeRevenue3,8415%EBITDA57313%Commenting on the results, Mr. Jamankumar Talavia, Whole Time Director, stated that Dharmaj delivered a healthy start to FY27 despite operating in a challenging environment. The quarter was impacted by the El Nino effect and a delayed monsoon onset across key agricultural regions, which...

Shree Ganesh Remedies Ltd to Hold Board Meeting to Review Q1 Financial Results Shree Ganesh Remedies Ltd has announced a meeting of its Board of Directors to review the company's financial performance for the quarter ending June 30, 2026. The board meeting is scheduled for Wednesday, August 12, 2026, where the Unaudited (Standalone and Consolidated) Financial Results are among the agenda items to be considered.The announcement provided details regarding the status of the trading window for the company's shares. In line with the Code of Conduct prohibiting insider trading, the trading window was closed starting July 01, 2026.The trading restriction will remain in effect until a period equivalent to 48 hours following the date on...

Ambika Cotton Mills Board Recommends K Murali Mohan for Independent Director Appointment Ambika Cotton Mills Limited announced on August 8, 2026, that its Board of Directors recommended the appointment of Sri K Murali Mohan as an Independent Director. The appointment is slated for shareholder approval via a Special Resolution at the ensuing Annual General Meeting.Sri K Murali Mohan, holding DIN: 00626361, has extensive experience in finance and industry. He is described as a qualified Electrical Engineer from PSG college of Technology and a Chartered Accountant. His professional background includes over 50 years as a Statutory Auditor in both listed and unlisted companies. Additionally, he possesses expertise in Company law, FEMA...

Asarfi Hospital Ltd Posts Strong Growth in Q1 FY27; Revenue Rises to 4,734 Lakhs Asarfi Hospital Ltd has reported its unaudited financial results for the quarter ended June 30, 2026. The hospital saw revenue rise by 3% year-over-year (YoY) to 4,734 Lakhs, while achieving an EBITDA margin of 20% and a PAT margin of 9%.The company released its financial results in newspaper advertisements published on August 8, 2026, in The Times of India, Hindustan, and Dainik Jagran.Financial Performance Highlights The unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 are summarized below:MetricStandalone Quarter Ended 30.06.2026 (Unaudited)Consolidated Quarter Ended 30.06.2026 (Unaudited)Revenue from...