Markets

Tembo Global Industries Approves Preferential Issue of Warrants up to Rs 1,14 Crores Tembo Global Industries Limited has approved a major capital raising initiative through the issue and allotment of warrants on a preferential basis. The Board of Directors held a meeting on August 7, 2026, during which this financing structure was considered and sanctioned.The company's decision involves raising funds by issuing up to 2,00,00,000 warrants (Two Crores). Each warrant is convertible into one Equity Share of the Face Value of Re. 1/- (Rupee One Only) to selected Promoters and Non-Promoter Investors.The Issue Price set for these warrants is Rs. 57/- (Rupees Fifty-Seven Only), which includes a premium of Rs. 56/-, providing an aggregate...

Kaynes Technology India Reports Quarterly Results; Increases Paid-Up Capital via ESOP Allotment Kaynes Technology India Limited, following its Board meeting held on August 7, 2026, announced the un-audited financial results for the quarter ended June 30, 2026. The company also approved a significant allotment of equity shares under the Kaynes ESOP Scheme 2022, leading to an increase in its paid-up capital.The Board meeting outcomes included the release of the unaudited financial results (both standalone and consolidated) for the quarter ending June 30, 2026. Additionally, the company approved the appointment of a new Statutory Auditor for the ensuing years and set the date for its next Annual General Meeting (AGM).Financial...

Health X Platform Limited Approves Board Outcomes and Releases Q1 FY2026 Unaudited Financial Results Health X Platform Limited (formerly Sastasundar Ventures Limited) announced significant updates following its Board meeting held on August 7, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026, and confirmed the re-appointment of a key independent director.The company's operational segments include Financial Services, Healthcare Network, and Others. These divisions contributed to the overall group performance during the reporting period.Board Approves Independent Director Re-appointment At its meeting on August 7, 2026, the Board of Directors approved the re-appointment of Mrs. Anjana Dikshit...

Cupid Limited Achieves Strong Q1 FY27 Results; Ups FY27 Guidance to ₹ 750 Cr Revenue and ₹ 225 Cr Net Profit Mumbai, August 7, 2026: Consumer wellness company Cupid Limited announced robust financial results for the quarter ended June 30, 2026. The strong performance across its international B2B healthcare and domestic consumer businesses led management to enhance the full-year FY27 guidance, forecasting revenue between ₹ 725 Cr and ₹ 750 Cr and Net Profit of ₹ 210 Cr to ₹ 225 Cr.The results were supported by continuous business momentum, expanding order visibility, and strategic initiatives across key operating segments.Key Consolidated Financial Highlights Cupid reported significant growth metrics in Q1 FY27 compared to previous...

NMS Global Ltd Announces Board Meeting to Consider Un-Audited Financial Results for Quarter Ended June 30, 2026NMS Global Limited has scheduled a meeting of its Board of Directors to consider and approve the un-audited financial results and the Limited Review Report for the quarter ended June 30, 2026. The board meeting is set to be held on Friday, August 14, 2026.The meeting will take place at the company’s registered office located at 48, Hasanpur, I.P. Extension, Delhi-110092. The agenda includes considering and approving the un-audited financial results for the quarter ended June 30, 2026, as well as conducting any other business deemed necessary by the Board of Directors.In addition to the board meeting notice, NMS Global...

ICICI Lombard Receives Intimation Regarding Income Tax Adjustment for AY 2015-16 ICICI Lombard General Insurance Company Limited has received an intimation from the Centralised Processing Center, Income Tax Department, Bengaluru, detailing how a refund amount was adjusted against a demand related to a reassessment order.The company confirmed that it received this communication on August 7, 2026, under Section 245 of the Income Tax Act, 1961. The intimation specifically relates to the adjustment of a refund amount for Assessment Year (AY) 2025-26 against a demand that arose from the reassessment order issued by the Assessing Officer for AY 2015-16 under Section 147 of the Income Tax Act, 1961.According to the details provided in the...

Muthoot Finance Limited Announces 29th Annual General Meeting and Book Closure Dates Muthoot Finance Limited has scheduled its 29th Annual General Meeting (AGM) of its members. The meeting is set for Monday, August 31, 2026, at 03:30 P.M. (IST).The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), allowing for attendance without the physical presence of members.In addition to the general meeting, the company has announced a period of Annual Book Closure. The Register of Members and Share Transfer Books of Muthoot Finance Limited shall remain closed from August 24, 2026, to August 31, 2026 (inclusive).MUTHOOTFIN Stock Price Movement On Friday, shares of Muthoot Finance Limited slipped...

Ellenbarrie Industrial Gases Reports Qended June 30, 2026 Results; Appoints New Auditors and CIO Ellenbarrie Industrial Gases Limited has released its Unaudited Financial Results for the quarter ended June 30, 2026. The company also utilized a Board Meeting held on Friday, August 7, 2026, to appoint new internal auditors, cost auditors, and name Mr. Sujoy Sen as Chief Information Officer (CIO).The unaudited results were approved by the Board of Directors following the recommendation of the Audit Committee.Financial Performance Highlights The company reported total income of 1,157.76 million for the quarter ended June 30, 2026. This included 987.16 million from revenue from operations and 170.60 million from other income. Total...

Kody Technolab Completes Equity Share Allotment Following Warrant Conversion Kody Technolab Limited has finalized the allotment of fully paid-up equity shares resulting from the conversion of warrants. The transaction involved the issuance of 1,23,100 equity shares following the exercise of options by a non-promoter investor.The company approved the allotment subsequent to the conversion of 1,23,100 warrants (out of a total of 6,76,900 Convertible Warrants). These warrants were held by Ms. Nikhita Nishid Shah from the Non-Promoter category. The equity shares were allotted at an issue price of Rs. 975/- per share, which included a share premium of Rs. 965/- each.The allotment was completed upon receipt of the balance amount...

Maharashtra Seamless Announces Board Appointments and Releases Q1 Financial Results for FY26 Maharashtra Seamless Limited has announced significant board appointments following its Board meeting held on August 7, 2026. The company also released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, which have been reviewed by statutory auditors.The Company approved the appointment of Mr. Shiv Kumar Singhal as a Whole-time Director with effect from August 7, 2026, for a period of three years, pending shareholder approval. Additionally, Dr. Raj Kamal Agarwal was appointed as an Independent Director for five years, effective August 7, 2026, subject to shareholder approval. Both appointees are not...

Ardee Industries IPO Surges at 138 Times Subscription; Climbs to Top 5 Most Sought-After Debut in CY26 The Initial Public Offering (IPO) of Ardee Industries, a notable player in the lead recycling sector, concluded with significant investor interest. The issue was subscribed 138.83 times, solidifying its position as one of the top performers in this calendar year. The debut has become the fourth-highest issue in terms of the sheer number of applications received to date.Ardee Industries’ IPO attracted a substantial market response, receiving a total of 41.18 lakh applications. This volume ranks it among the leading issues of 2026. While the subscription level is highly favorable, other major offerings have been exceptionally large in...

IndusInd Bank Receives RBI Approval to Launch Wholly Owned Stock Brokerage SubsidiaryIndusInd Bank Limited has secured necessary approval from the Reserve Bank of India (RBI) to proceed with the establishment of a new subsidiary dedicated to stock broking operations. The approval allows the bank to move forward with this strategic expansion, which involves setting up a wholly owned entity focused on the financial services sector.The decision comes following communication from the RBI dated August 7, 2026. As part of the plan to launch its new venture, IndusInd Bank will be infusing equity capital into the designated stock broking subsidiary. The establishment and operation of this business unit are subject to specific conditions...

Gold Surges 7% as Geopolitical Easing and Weak US Jobs Ignite Yellow Metal Frenzy Gold has staged a powerful rebound this week, posting its biggest gain since January with prices climbing over 7%. This sharp rally is being fueled by eased inflation fears, declining energy prices, and the release of weaker-than-expected U.S. employment data. The surge signals renewed investor enthusiasm for the precious metal, as it continues to consolidate gains following a period of volatility.Spot gold reached $4,336.02 per ounce on Friday after rising more than 3% during the session. This rally places gold in a strong position, especially given that it is viewed as an essential inflation hedge. The precious metal has experienced significant swings...

Gopal Snacks Limited Approves Financial Results, Reappoints Key Directors Ahead of AGM Gopal Snacks Limited announced significant corporate decisions following its Board meeting held on August 7, 2026. The board approved the unaudited standalone financial results for the quarter ended June 30, 2026, and formalized key leadership appointments amid preparations for the company's upcoming Annual General Meeting (AGM).The company has also scheduled its 17th Annual General Meeting (AGM) to be held on Friday, September 18, 2026, through Video Conferencing/Other Audio Visual Means.Key Directorship Reappointments Announced At the meeting, the board considered and approved several matters related to the continuity of leadership within Gopal...

Dhoot Transmission's Anchor Success Sets Stage as Firm Prepares for ₹3,067 Crore IPO Dhoot Transmission Ltd has solidified its launch trajectory ahead of the planned initial public offering (IPO). The company successfully raised Rs 918.27 crore from a strong cohort of 72 anchor investors. This move comes before the listing of the IPO, which is set to amount to ₹3,067 crore.The allotment included 1,05,42,657 equity shares at the upper price band of Rs 871 apiece. These shares have a face value of Rs 2 each and carry a substantial share premium of Rs 869 per equity share.Anchor Investor Allocation Highlights Dominance of Mutual FundsThe anchor book attracted a diverse mix of marquee investment entities, underscoring investor...

Orient Paper & Industries Reconstitutes Committees Following Appointment of New Independent Director Orient Paper & Industries Limited has approved key appointments that led to the reconstitution of several of its Board committees, effective August 8, 2026. The company appointed Ms. Anuradha Mookerjee as an Additional Independent Director and inducted her onto various committees, among them the Audit Committee, Stakeholders' Relationship Committee, Risk Management Committee, and Corporate Social Responsibility Committee.The board approval followed the recommendation of the Nomination and Remuneration Committee.Simultaneously, Mrs. Gauri Rasgotra will cease to be an Independent Director upon completing her second consecutive term of...

Oil Quality Vindicated: OMCs Intensive Testing Reaffirms E20 Petrol Standards, Countering Chloride Contamination Claims Oil Marketing Companies (OMCs) have concluded a massive nationwide testing drive focused on moisture and chloride presence within E20 petrol (EBMS). This extensive investigation directly addresses recent claims concerning fuel contamination levels. The findings emphatically reaffirm that the quality of the supplied fuel remains consistent and well within prescribed safety limits across the entire supply chain, according to OMCs.The investigative campaign involved scientifically designed random testing protocols conducted throughout refining, distillation, distribution, and retail phases. OMCs state that these...

RBI Imposes Heavy Monetary Penalty on Infinity Fincorp over Critical KYC and Risk Compliance Failures The Reserve Bank of India (RBI) has imposed a significant monetary penalty on Infinity Fincorp Solutions Private Limited. The fine was levied for non-compliance with critical provisions outlined in the 'Reserve Bank of India (Know Your Customer (KYC)) Directions' and related directions issued under the Fair Practice Code.This supervisory action underscores the RBI’s strict stance on financial integrity within the industry. Infinity Fincorp Solutions Private Limited has been penalized ₹5.40 lakh, totaling Rupees Five lakh forty thousand only. The penalty was imposed in exercise of powers granted to the RBI under Section 58(G)(1)(b)...

CARE Ratings Reports Q1 FY27 Results: Net Profit Rises as Operations Strong CARE Ratings Limited has announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were reviewed by statutory auditors B S R & Co. LLP and subsequently approved by the company's Board of Directors.The consolidated financial results showed a strong performance across the Group. For the quarter ending June 30, 2026, Total Income stood at 12,647.89 lakhs. The company reported that Profit before Tax expenses was 4,497.18 lakhs, and after accounting for tax expense of 1,197.92 lakhs, the Net profit for the period came to 3,299.26 lakhs.The financial health of the Group is reflected across its various...

Eurotex Industries appoints Ms. Priya Amit Manglani as Company Secretary and Compliance Officer Eurotex Industries and Exports Limited has appointed Ms. Priya Amit Manglani as its Company Secretary and Compliance Officer. The decision was approved by the Board of Directors at a meeting held on Friday, August 07, 2026.Ms. Manglani assumes the role with effect from August 07, 2026. She is an Associate Member of the Institute of Company Secretaries of India, holding membership number A80626. Ms. Manglani possesses requisite qualifications and skills in secretarial compliances and has extensive experience in Corporate Law and Listing Regulations.The appointment details confirmed that she is not related to any Director or Key Managerial...