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Rating Agencies Reaffirm Credit Strength for Embassy Office Parks REIT's Commercial Papers Embassy Office Parks REIT has received revalidation and reaffirmation of its credit ratings from major rating agencies CRISIL Ratings Limited and CARE Ratings Limited for commercial papers (CPs) issued by the REIT. The assessments highlight the strong safety margin associated with these debt instruments.CRISIL Ratings Limited has revalidated the credit rating for several CPs issued by Embassy Office Parks REIT, while CARE Ratings Limited reaffirmed its rating in relation to a specific CP issue aggregating Rs 2,000.00 crore. Both agencies assigned or confirmed the rating of A1+, signifying a very strong degree of safety regarding the timely...

Ddev Plastiks Industries Announces Changes in Board Composition: New Director Appointed as Mrs. Rajni Mishra Ddev Plastiks Industries Limited has announced changes to its Board of Directors following the resignation of an Independent Director and the appointment of a new member. The company confirmed that the appointment of Mrs. Rajni Mishra marks the reconstitution of several key committees within the organization.Mrs. Ramya Hariharan tendered her resignation from the position of Independent Director, effective July 27, 2026, citing other professional commitments and pre-occupations. As a consequence of her departure, Mrs. Hariharan ceased to be a Member of the Audit Committee and the Nomination and Remuneration Committee of the...

Kirloskar Ferrous Industries Completes 35 MW Solar Plant Addition, Reaching 105 MW DC Capacity Kirloskar Ferrous Industries Limited (KFIL) has successfully completed the installation of an additional 35 MW DC Solar Plant in Jalna, Maharashtra. The plant commenced operations on August 6, 2026, significantly enhancing the company's total solar power generation capacity at its Jalna site.Following the commissioning of the new facility, the overall capacity of the Solar Plants at Jalna has been enhanced to a total of 105 MW DC. The new plant is located in Mantha, Helas, Jalna 431504, Maharashtra.The project enhancement was completed at an approximate cost of ₹ 97 Crores, net of recoverable taxes. The investment was financed through a...

CARE Ratings Reaffirms Credit Ratings for Precision Wires India Ltd.'s Bank Facilities Precision Wires India Limited has received updated credit ratings from CARE Ratings Limited concerning its bank facilities, as of August 7, 2026. The agency provided specific ratings and actions related to both the company's long-term and short-term banking arrangements.The assessment by CARE Ratings Limited focused on two major types of corporate debt financing, reaffirming the credit standing for both facilities. The data provides a clear breakdown of the amounts covered, along with their respective classifications.The key financial details regarding Precision Wires India Ltd.'s bank facilities are presented in the table below...

Eurotex Industries Appoints Sanjay Shrinarayan Baldua as Additional Non-Executive Director Eurotex Industries and Exports Limited has announced the appointment of Mr. Sanjay Shrinarayan Baldua as an Additional Non-Executive Non-Independent Director, effective August 7, 2026.The decision was made by the Board of Directors, following a recommendation from the Board Nomination and Remuneration Committee. Mr. Baldua will hold the position as an Additional Director (Non-Executive, Non-Independent) and will serve until the date of the ensuing Annual General Meeting of the Company, pending shareholder approval.Mr. Sanjay Shrinarayan Baldua, holding DIN 06924268, brings extensive experience to the role. He possesses over 35 years of...

Cupid Limited Announces Unaudited Financial Results for Q Ended June 30, 2026; Board Approves West Bengal Project Study Cupid Limited, a manufacturer and exporter of male condoms, female condoms, water based lubricants, and In Vitro Diagnostics (IVD) Kits, has released its unaudited financial results for the quarter ended June 30, 2026. The company also held a Board Meeting on August 7, 2026, where it considered and approved several key business matters, including strategic expansion plans and the reappointment of cost auditors.The outcomes of the board meeting included noting the quarterly reports and adopting the unaudited financial results (Standalone and Consolidated) for the quarter. The Board also sanctioned an in-principle...

Kakatiya Cement Sugar & Industries Reports Q2026 Unaudited Results: Net Loss Stands at ₹636.92 Lakhs Kakatiya Cement Sugar & Industries Limited has released its unaudited financial results for the quarter ending June 30, 2026, revealing a net loss of ₹636.92 lakhs. The results were reviewed by the Board of Directors during a meeting held on August 8, 2026.The company reported total income from operations of ₹1,795.46 lakhs for the quarter ending June 30, 2026. Total expenses amounted to ₹2,613.09 lakhs, resulting in a loss before tax of ₹623.54 lakhs. After accounting for tax expense and other comprehensive income items, the net loss for the period stood at ₹636.92 lakhs.Key financial metrics for the quarter are summarized below...

Hisar Metal Industries Limited Approves Unaudited Financial Results for Q1 FY2026 Hisar Metal Industries Limited announced the approval of its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results at a meeting held on August 08, 2026.The company's management confirmed that the results have been reviewed and recommended by the audit committee, and they were limited reviewed by the Statutory Auditors of the Company. These financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.Financial Highlights for Q1 FY2026 The unaudited results provide a comparison between the quarter ending June...

Subros Limited Appoints Akihiro Deguchi as Nominee Director of DENSO CorporationSubros Limited has approved a change in its nominee director position at M/s DENSO Corporation, Japan. The company announced that Mr. Tomoaki Yoshimori, who previously held the role, resigned with effect from August 7, 2026, due to changes in nomination by M/s DENSO Corporation, Japan.The Board of Directors approved the appointment of Mr. Akihiro Deguchi as the new Nominee Director for M/s DENSO Corporation, Japan, effective August 7, 2026.Mr. Deguchi, who holds no disclosed relationship with the company, was appointed following a recommendation from the Nomination and Remuneration Committee.The transition involved two key personnel changes...

Zen Technologies Ltd Announces Completion of Tenure for Independent Director Ms. Sirisha Chintapalli Zen Technologies Ltd has announced that Ms. Sirisha Chintapalli is ceasing to be an Independent Director following the completion of her second consecutive term with the company. Her tenure concluded effective August 08, 2026.The Board of Directors and the Management of Zen Technologies Ltd expressed their appreciation for the valuable contributions and guidance provided by Ms. Sirisha Chintapalli throughout her association with the organization.Ms. Chintapalli's cessation is due to the completion of her tenure as an Independent Director, effective from August 08, 2026.Key details regarding the change in board composition are...

AWL Agri Business Clarifies Penalization Allegations Related to Sunflower Oil Sample AWL Agri Business Ltd., formerly known as Adani Wilmar Ltd., has addressed media reports concerning a penalty purportedly imposed by the Adjudicating District Magistrate, Goa, regarding a sample of its Fortune Fryola sunflower oil. The company stated that the matter relates to the declared levels of Vitamins A and D in the specific sample reviewed and does not concern the overall safety of the product.The allegations arose following an article published on www.thehindubusinessline.com dated August 7, 2026, which referred to a penalty under the provisions of the Food Safety and Standards Act, 2006. AWL Agri Business noted that it has not yet received a...

Chemkart India Invests Rs 1 Crore via Rights Issue in Wholly Owned Subsidiary Easy Raw Materials Chemkart India Ltd has undertaken a strategic investment through a Rights Issue into its wholly owned subsidiary, Easy Raw Materials Private Limited. The transaction involves the issuance and allotment of equity shares by the parent company to the subsidiary.The Company committed an investment of Rs 1.00 Crores in Easy Raw Materials Private Limited. This was achieved through the issue and allotment of 10,00,000 Equity Shares. Each share has a face value of Rs 10/-, and it was issued at the face value of Rs 10/- per share.This investment aligns with the utilization plan set forth in Chemkart's IPO prospectus dated July 10, 2025, intended...

Archies Limited Announces Board Meeting to Consider Un-Audited Financial Results for June Quarter Archies Limited has scheduled a Board Meeting to review and approve the company's un-audited financial results for the quarter ending June 30, 2026.The meeting is set for August 14, 2026. The notice of the Board Meeting was circulated along with newspaper advertisements to inform stakeholders regarding the scheduled event.The purpose of the gathering includes considering and approving the un-audited financial results for the quarter ending June 30, 2026.Newspaper advertisements detailing the meeting were published on August 08, 2026, in Financial Express (English Edition) and Jansatta (Hindi Edition).ARCHIES Stock Price Movement...

Bajel Projects Reports Strong Q1 FY27 Results, Driven by Order Book Growth and Profitability Gains Bajel Projects Ltd., a leading Power Transmission EPC company of the Bajaj Group, announced its financial results for the quarter ended June 30, 2026. The company reported a standalone Profit Before Tax (PBT) of Rs 6.9 crore in Q1 FY27, marking a 54.7% year-on-year rise from Rs 4.4 crore.Bajel Projects currently holds an unexecuted order book totaling Rs 4,055 crore, which is the highest since its demerger from Bajaj Electricals in 2023. This strong order pipeline reflects the company's recent expansion into the data centre segment and its international growth within the MENA region.Financial Highlights for Q1 FY27 While the total...

Greenlam Reports Strong Q1 Results for FY27; Net Revenue Reaches ₹796.7 Crore Greenlam Industries Limited, a globally recognized integrated substrate and surface solutions provider, announced its unaudited consolidated financial results for the quarter ended June 30, 2026. The company reported steady performance despite challenges related to geopolitical issues, commodity volatility, and logistics difficulties.The company recorded net revenues of ₹796.7 crore for the first quarter of fiscal year 2027, marking a year-on-year growth of 18.2%. Operating efficiency saw significant improvement, with EBITDA before forex impact and exceptional items reported at ₹81.1 crore, a rise of 48.3% compared to the previous year.For the quarter...

Schaeffler India Appoints Amit Bhalerao as Chief Operating Officer Schaeffler India Limited has announced the appointment of Amit Bhalerao as its Chief Operating Officer (COO). The appointment, effective August 10, 2026, brings over two decades of global manufacturing leadership to the executive team.In his new capacity at Schaeffler India, Amit Bhalerao will oversee the company's manufacturing operations across India. His responsibilities include driving operational excellence, setting the manufacturing strategy, advancing digital transformation and capability development, and strengthening Schaeffler India’s long-term growth agenda through a customer-centric approach.As a key member of the Executive Leadership Team, Amit will...

Tinna Rubber makes first tranche payment of US$ 1,00,000 to joint venture Mbodla Investments Tinna Rubber and Infrastructure Limited has completed the remittance of the first tranche installment of a loan provided to M/s. Mbodla Investments (Pty) Ltd, a South African entity which is a Joint Venture (JV) of Tinna. The payment amounts to US$ 1,00,000, equivalent to INR 95,26,500.The loan amount was provided by Tinna Rubber and Infrastructure Limited to Mbodla Investments (Pty) Ltd. The funds are intended to support the borrower's capital expenditure and working capital requirements for its legitimate business purposes.Tinna Rubber holds a 49% stake in Mbodla Investments, ensuring that the transaction is carried out on an arm’s length...

Emcure Pharmaceuticals Receives USFDA Inspection Report; Facility Classified as VAI Emcure Pharmaceuticals Limited has received the Establishment Inspection Report (EIR) from the United States Food & Drug Administration (USFDA) regarding an inspection of its formulations facility. The inspection, which took place between May 06, 2026, and May 15, 2026, at the company's location in G.I.D.C., Taluka - Sanand, Ahmedabad -382110, Gujarat, resulted in a classification of Voluntary Action Indicated (VAI).The USFDA inspection was conducted on the formulations facility located in Sanand, Ahmedabad. Following the review process, Emcure Pharmaceuticals confirmed that it has received the official Establishment Inspection Report from the...

Bharat Wire Ropes Limited Approves Q Ended June 30, 2026 Results and Reappoints Director Bharat Wire Ropes Limited announced the outcomes of its 141st Board Meeting held on August 7, 2026. The Board unanimously approved the Un-audited Financial Results for the Quarter ended June 30, 2026, along with the Limited Review Report by the company’s auditors.The meeting also included key management decisions regarding appointments. Based on the recommendation of the Nomination and Remuneration Committee, Mr. Sushil Sharda was reappointed as a Whole-Time Director for a term of five years, effective from May 19, 2027. His remuneration was fixed subsequent to the approval.Financial Performance Review The Limited Review Report by Borkar &...

PPAP Automotive Reports Strong Q1FY27 Results, Secures Major Orders Amid Growth Trends New Delhi, August 07, 2026: PPAP Automotive Limited, part of the Ajay Group and a prominent manufacturer in the automotive components sector, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported robust growth across both consolidated and standalone metrics, alongside significant lifetime order wins, as it continues to benefit from favorable industry demand.The consolidated financial performance showed a substantial rise in revenue and EBITDA, even as management cited elevated raw material costs related to geopolitical events. PPAP has also secured strategic partnerships aimed at enhancing its...