Markets

Lagnam Spintex Announces 16th Annual General Meeting for FY 2025-26 Lagnam Spintex Limited has announced details regarding its 16th Annual General Meeting (AGM) and provided the annual report for the financial year 2025-26.The company has scheduled the AGM to be held on Thursday, August 27, 2026, at 11:30 IST. The meeting will be conducted through video conferencing or other audio visual means (VC/OVAM).Members can access the Annual Report for FY 2025-26 and the Notice of the 16th AGM via designated links on the company's website, www.lagnamspintex.com, as well as on the National Stock Exchange of India Limited website.Key details pertaining to the General Meeting and associated e-voting are provided below:FeatureDetailDate...

Board Approves 26th Annual General Meeting, Sets Record Date for Final Dividend Payment The Board of Directors meeting of the company on August 5, 2026, unanimously transacted several key business items, including approving the convening of the company's 26th Annual General Meeting (AGM).The AGM is scheduled to be held on Tuesday, September 8, 2026. The meeting will commence at 12:00 p.m. Indian Standard Time (IST) and will be conducted through Video Conferencing (VC).In addition to the AGM approval, the Board fixed Friday, August 21, 2026, as the record date. This date is designated for determining member entitlement regarding the payment of the final dividend for the financial year ended March 31, 2026, subject to shareholder...

Godrej Agrovet Reports Q1 FY27 Results; Highlights Resilience Amid Market Headwinds Godrej Agrovet Limited (GAVL) today announced its consolidated and standalone unaudited financial results for the first quarter of fiscal year 2027, ending June 30, 2026. The company reported a resilient performance in a challenging market environment characterized by geopolitical tensions and delays in monsoon conditions.Q1 FY27 Financial Overview Consolidated sales for Godrej Agrovet Limited stood at Rs. 2,852 crore in the first quarter of FY27, marking an increase from Rs. 2,603 crore in the corresponding period of FY26. Profit before tax (PBT), excluding non-recurring items and the share of profit from Joint Venture, was reported at Rs. 172 crore...

KSB Limited Reports Consistent Business Growth and Sector Momentum in Q2 FY 2026 KSB Limited has reported a quarter characterized by consistent business growth and significant order momentum across multiple industrial and infrastructure segments, according to its recent results for Q2 FY 2026 (April to June). The company secured several key orders spanning the energy, nuclear, data centre, and municipal water infrastructure sectors.Major strategic wins during the quarter include:Energy Sector: Securing the first LUV pumps order for the Gadarwara Power Project. Nuclear Energy: Receiving an order for shutdown cooling pumps for the Kaiga Units 5 and 6 Nuclear Project. NTPC Projects: A breakthrough order was secured for the HP Valves...

Arisinfra Solutions Reports Q1 Financial Results; Standalone and Consolidated Performance Details Released Arisinfra Solutions Limited has released its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these standalone and consolidated results following a meeting held on August 05, 2026.The Company operates exclusively in the Trading of Construction Materials segment, which constitutes its single reportable segment as per Ind AS 108 requirements.Standalone Financial Performance Highlights (Q1 FY26) Arisinfra Solutions reported a Total Income of 1,370.21 million in the quarter ending June 30, 2026, compared to 2,290.89 million in March 31, 2026 (audited) and 1,321.06 million in June 30...

Nahar Poly Films Approves Q2 Financial Results and Announces Board Appointments, EGM Details Nahar Poly Films Limited has announced the approval of its standalone and consolidated un-audited financial results for the quarter ended June 30, 2026, following a board meeting held on August 5, 2026. The company also addressed corporate governance matters, including the re-appointment of several directors and set dates for its upcoming general meeting (EGM).The Board of Directors reviewed and approved the results, which were subjected to limited review by M/s YAPL & Co, Chartered Accountants, Ludhiana.Corporate Governance Updates Key decisions made during the board meeting included:Director Re-appointment: Dr. Anchal Kunar Jain (IN...

HRH Next Services Limited signs service agreement with mPokket Financial Services Private Limited HRH Next Services Limited has entered into a Service Agreement with mPokket Financial Services Private Limited to manage and dispatch statutory communications for its clients. The arrangement involves providing comprehensive services related to legal notice documentation.The purpose of the agreement is for HRH Next to receive legal notice documents, compress and host these materials as secure short links, and deliver them through digital channels, including SMS.Details regarding this strategic partnership have been disclosed, confirming that there are no pre-existing shareholding ties between the two companies. Furthermore, neither...

Subsidiary Store License Suspended for Two Days in Karnataka Medplus Health Services Limited confirmed that one of its subsidiaries, Optival Health Solutions Private Limited, has faced a temporary operational setback concerning a store located in Raichur, Karnataka. The subsidiary's drug license was suspended by the local administration.The action was taken by the Assistant Drugs Administration, Raichur, and resulted in the two-day suspension of the drug license for the store situated at Jain Mandir in Raichur.The official order for the suspension was received on August 4, 2026. The violation cited for this action fell under Rule 65 of the Drugs and Cosmetics Act, 1940 and the corresponding Rules, 1945.The temporary business...

Goyal Salt Limited Approves Participation in Rights Offer of Subsidiary, Acquiring 51% Stake Goyal Salt Limited has approved participation in the Rights Offer of its subsidiary, Goyal Foods Industries Private Limited, through the subscription of equity shares. The transaction is expected to be completed within two days of the share allotment.The Board of Directors of Goyal Salt Limited sanctioned the purchase of 4,59,000 equity shares in Goyal Foods Industries Private Limited. These shares were offered under a Rights Issue and are priced at a face value of Rs. 10/- per share. The total cost for Goyal Salt Limited to acquire these shares is Rs. 45,90,000 (Rupees Forty Five Lakh Ninety Thousand only).Goyal Salt Limited will acquire...

Aster DM Quality Care Reports Strong Q1 FY27 Results; Revenue Jumps 20% and EBITDA Grows 30% Aster DM Quality Care Limited, a leading integrated healthcare provider in India, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported robust growth across both the combined proforma and segmental levels following the merger of Aster DM Healthcare and Quality Care India.The merged entity demonstrated significant operational strength, with combined proforma revenue reaching INR 2,597 Cr in Q1 FY27. This represents a 20% year-on-year (YoY) increase. The company's operating EBITDA saw a considerable rise of 30% YoY, amounting to INR 576 Cr.The combined proforma metrics highlighted improved...

Pace Digitek Limited Announces Unaudited Quarterly Financial Results for June 30, 2026 Pace Digitek Limited, formerly known as Pace Digitek Private Limited and Pace Digitek Infra Private Limited, has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company’s Board of Directors approved these results, which have been subjected to limited review by the statutory auditors, who issued an unmodified opinion on the corresponding Limited Review Report.The unaudited standalone and consolidated financial results reflect the performance of the Company for the quarter ended June 30, 2026.Financial Highlights (Standalone Results) For the quarter ended June 30, 2026, Pace Digitek...

GMM Pfaudler Reports Q1 FY27 Results: Revenue Up 16% While PAT Soars by 118% Year-on-Year Mumbai, August 05, 2026: GMM Pfaudler Limited, a diversified global engineering company specializing in process industries, announced its unaudited standalone and consolidated financial results for the first quarter (Q1 FY27) ending June 30, 2026.The company reported specific metrics across revenue, profitability, and operational indicators for the quarter.Financial Performance Snapshot The Q1 FY27 figures show a mixed picture of top-line performance alongside significant increases in profit after tax (PAT). The financial details are summarized below:MetricQ1 FY27 ValueRevenue₹ 925 croresEBITDA₹ 94 croresEBITDA Margin10.1%PAT₹...

Paradeep Phosphates Limited Approves Incorporation of Wholly-owned Subsidiary for Fertilizer Innovation Paradeep Phosphates Limited has approved the incorporation of a wholly-owned subsidiary company focused on advancing research and innovation within the fertilizer and agriculture sector. The new entity, named "Fertilizer Innovation Foundation-India," is set up as a not-for-profit organization under Section 8 of the Companies Act, 2013.The primary objective of the proposed subsidiary is to promote research, technology development, knowledge sharing, and capacity building in the fertilizer and agriculture sector. This initiative aims to support sustainable agricultural practices and improve fertilizer use efficiency, aligning with...

Shiprocket IPO Slashes Offer Size to Rs 1,617 Crore Ahead of August Debut Rally Shiprocket, a prominent Gurugram-based e-commerce shipping and logistics automation platform, has confirmed its Initial Public Offering (IPO). The company plans to launch the public subscription on August 12, setting the stage for its highly anticipated debut.The IPO is structured as a mix of fresh issuance and an offer from existing shareholders. The current offering size stands at Rs 1,617.5 crore.Details of Shiprocket's Initial Public Offering The sale comprises two main components: A fresh issuance of shares valued at Rs 885.5 crore. This is complemented by an Offer For Sale (OFS) totaling Rs 731.9 crore from existing shareholders.A crucial update...

CCI Greenlights Major Merger: InterGlobe Hotels Consolidates Control of Vast Accor-Branded Hospitality Portfolio The Competition Commission of India (CCI) has approved a significant proposed combination involving several entities, marking a key milestone in the consolidation of India’s high-end hospitality and real estate sector. The approval pertains to transactions that involve share acquisitions and the merger of multiple specialized businesses into InterGlobe Hotels Private Limited (IGH). This regulatory clearance underscores the strategic integration of these diverse hotel and property management assets under IGH's umbrella.The Scope of the Proposed Combination The comprehensive combination entails the merging of several key...

Nuvama Wealth Management Reports Highest Quarterly Profit of US $34 Mn in Q1 FY27 Amid Strong Client Asset Growth Nuvama Wealth Management Limited reported a strong performance in the first quarter of Fiscal Year 2027 (Q1 FY27), achieving its highest ever quarterly profit. The company recorded an Operating PAT of US $34 million, driven by robust growth across its business verticals and significant expansion in client assets.Consolidated results for Q1 FY27 showed total revenues reaching US $100 million, marking a 18% year-on-year (YoY) increase. Total costs stood at US $55 million, reflecting a 19% YoY rise. The reported Operating PAT increased by 16% YoY, leading to a Return on Equity of 29.5%.The company's client assets grew by...

Cummins India Reports Strong Revenue Growth in Q1 FY27, Amid Margin Pressure Cummins India Limited (CIL) announced its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors reviewed and approved the performance metrics on August 5, 2026. While total sales showed significant growth, margins were affected by rising commodity costs and inflation, according to management commentary.The financial results highlight robust domestic demand fueling revenue expansion, even as exports remained resilient despite geopolitical headwinds.Q1 FY27 Financial Performance Highlights Cummins India Limited saw strong performance across its key markets for the quarter ended June 30, 2026. The company recorded...

Industrial Investment Trust Announces Buyback Plan; Sets Record Date for Shareholders Industrial Investment Trust Limited (OITL) announced that its Board of Directors approved a plan for buying back up to 16,66,667 equity shares. The buyback is set to be conducted via the tender offer route and has established Tuesday, August 18, 2026, as the record date for determining shareholder eligibility.The company confirmed that the maximum size of the proposed buyback stands at INR 25,00,00,050/- (Indian Rupees Twenty-Five Crore and Fifty Only). The proposal allows for the repurchase of equity shares representing up to 7.39% of the total paid-up equity share capital.At the time of the board meeting, the company’s management appointed...

Amanta Healthcare Reports Q1FY27 Results; Highlights Revenue Growth Amid Margin Moderation and Strategic Capacity Expansion Plans Amanta Healthcare Limited announced its unaudited financial results for the quarter ended June 30, 2026. The company reported steady revenue growth while facing pressures on margins due to rising operational costs and increased finance charges related to new financing initiatives.The detailed financial performance comparing Q1FY27 with Q1FY26 is provided below:Financial Metric (in Rs. Cr.)Q1FY27Q1FY26Revenue68.8065.31EBITDA15.1815.85EBITDA Margin %22%24%PAT3.313.50PAT Margin %4.8%5.3%Operational Stability and Profitability ImpactAmanta achieved a 5.4% year-on-year (YoY) revenue...

Kirloskar Pneumatic Sets Record Date for Share Sub-division Kirloskar Pneumatic Company Limited has announced a record date in connection with the sub-division of its equity shares. The company designated Tuesday, August 18, 2026, as the official record date to determine which shareholders will be entitled to the newly issued equity shares resulting from this corporate action.The move involves the sub-division of an existing equity share, valued at Rs. 2/-, into two new equity shares, each priced at Re. 1/-. This change in share structure affects all existing investors and stakeholders.Key details regarding the share re-structuring are as follows:ActionOld Share ValueNew Shares IssuedRatioShare Sub-divisionRs. 2/- each2...