Markets

Lemon Tree Hotels Signs Franchise Agreement for Keys Lite in Manali, Expanding Himachal Pradesh Portfolio New Delhi, August 5, 2026: Lemon Tree Hotels Limited has signed a franchise agreement for the launch of Keys Lite by Lemon Tree Hotels in Manali. This strategic move marks the entry of the Keys Lite brand into the popular leisure destination of Manali and significantly strengthens the group's presence across Himachal Pradesh.The new property, set against the Himalayan landscape, will be operated under the franchise agreement and is expected to feature 24 well-appointed rooms. Amenities at the hotel will include a restaurant, a lounge, a fitness centre, and thoughtfully designed public spaces, catering specifically to leisure...

SIS Ltd. Reports Strong Q1 FY27 Results, Revenue Rises 30% YoY; Announces Fifth Buyback New Delhi, August 5, 2026: SIS Ltd. today announced its Unaudited Financial Results for the quarter ended June 30, 2026. The company reported robust growth across key business segments, with revenue from operations showing a substantial increase year-on-year (YoY). Furthermore, SIS announced its fifth share buyback as part of its commitment to shareholder returns.The consolidated financial performance highlights strong operational efficiency and solid growth momentum across the enterprise services sector.Consolidated Financial Highlights for Q1 FY27MetricQ1 FY27Q1 FY26Y-o-Y ChangeRevenue from Operations (Rs. cr.)4,603.63,548.529.7%EBITDA...

Gammon India Limited Board Meeting Scheduled to Approve Q2 Financials and Discuss Insider Trading Status Gammon India Limited announced that its Board of Directors will convene on Monday, August 10, 2026. The meeting is scheduled to consider and approve important financial documents for the company.The primary agenda item includes reviewing the Unaudited Standalone and Consolidated Financial Statements. The Board members are expected to also review the notes accompanying these statements, as well as the Auditor's Limited Review Report, pertaining to the quarter that ended on June 30, 2026.In addition to the financial reviews, the company provided an update regarding its insider trading regulations. As part of adherence to the...

Sterlite Technologies Secures International Long-Term Contract Valued at Approximately USD 210 Million Sterlite Technologies Limited (STL) has secured a significant long-term supply agreement with a leading international telecom infrastructure company. The contract involves the supply of high density optical fiber cable and is expected to run for three calendar years.The order represents a substantial business win for Sterlite, confirming its position in the telecommunication infrastructure market. Details regarding the new contract have been provided by the company, specifying key terms related to duration, value, and scope.The agreement details confirm that the client is an international entity. The transaction is defined as a...

Aegis Vopak Terminals Reports Q1 2026 Financials; Standalone and Consolidated Results Released Aegis Vopak Terminals Limited released its unaudited financial results for the quarter ended June 30, 2026. The company reported both standalone and consolidated performance metrics across various operational segments.The company also confirmed that a clerical correction was made in the outcome of the Board Meeting regarding the limited review report of the Standalone Financial Results for the quarter ended June 30, 2026.Standalone Financial Highlights (Qtr ending June 30, 2026) The company’s standalone results show key trends across revenue, expenses, and profitability. The performance metrics for the quarter are detailed below...

Cellecor Gadgets Limited Promotes Naginder Patil as Vice President of South Business Cellecor Gadgets Limited, a fast-growing consumer electronics and home appliances brand, has announced the promotion of Naginder Patil from South Business Head to Vice President - South Business. This elevation is intended to recognize his significant leadership, strong business execution, and crucial contributions toward strengthening CELLECOR's presence across the South Indian market.The South Indian market represents a key growth driver for consumer electronics and home appliances in India. With its expanding retail ecosystem, increasing adoption of smart technology, and growing demand for quality affordable products, the region remains strategic...

Master Trust Reports Strong Q1 FY27 Results: Total Income Climbs 13.8% and PAT Surges 27.8% Master Trust Limited, a diversified financial services company specializing in broking, lending, wealth management, portfolio management, and investment solutions, has announced its Unaudited Financial Results for the first quarter of FY27 (Q1 FY27). The results highlight significant growth across key metrics, supported by its comprehensive digital platform and extensive operational network.The financial performance indicates substantial improvements in profitability and income generation. Total Income increased by 13.8% year-over-year (YoY) to ₹ 1,497.9 Mn. Profit After Tax (PAT) also saw a sharp rise of 27.8% YoY, reaching ₹ 346.5 Mn.The...

SJS Enterprises Completes Acquisition in Renewable Energy Deal; Acquires Stake in DB Renews Private Limited S.J.S. Enterprises Limited has successfully completed the acquisition of equity shares in M/s. DB Renews Private Limited, solidifying a strategic move into the renewable energy sector through an agreement involving wind power supply.The company entered into a Share Purchase Agreement, Shareholders' Agreement, and Energy Purchase Agreement with M/s. Doddanavar Global Energy Private Limited and M/s. DB Renews Private Limited. As part of this transaction, SJS Enterprises Limited subscribed to 28,800 equity shares of M/s. DB Renews Private Limited.The total consideration for the acquisition amounted to INR 72,00,000/- (Rupees...

Stanley Lifestyles Limits Terminates Services of Company Secretary Over Moral Turpitude Allegations Stanley Lifestyles Limited has announced that its Management has terminated the services of Mr. Mukesh Sharma as Company Secretary and Compliance Officer, effective immediately. The decision follows an internal review concerning certain acts and conduct on the part of Mr. Sharma.The company stated that the termination was made after becoming aware of specific actions relating to Mr. Sharma, citing grounds of moral turpitude including misappropriations. These alleged acts were deemed inconsistent with the duties, responsibilities, and professional standards expected from the role of Company Secretary and Compliance Officer.Mr. Mukesh...

Alkali Metals Limited Sets Book Closure Dates Ahead of 58th Annual General Meeting Alkali Metals Limited has announced the book closure dates concerning its upcoming 58th Annual General Meeting (AGM) and the determination of entitlement for any dividend that may be declared at the meeting. The AGM is scheduled to take place on Friday, August 21, 2026.The company designated Friday, August 14, 2026, as the Record Date for shareholders. Following this record date, Alkali Metals Limited announced the Book Closure period, which spans from August 15, 2026, to August 21, 2026 (both days inclusive).The AGM will be conducted via Video Conference or Other Audio-Visual Means.Key dates for shareholders regarding the Annual General Meeting are...

Savita Oil Technologies Approves Joint Managing Director Appointment and Releases Quarter Ended June 30, 2026 Financial Results Savita Oil Technologies Limited announced the outcomes of its Board meeting held on August 5, 2026, including the approval of the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The board also approved the appointment of Mr. Siddharth G. Mehra as Joint Managing Director (JMD) of the company.Appointment of Joint Managing Director The Board's resolution included the appointment of Mr. Siddharth G. Mehra (DIN: 06454215) as Joint Managing Director for a period of five years, effective from October 1, 2026. The appointment is subject to approval by the Shareholders at...

FIIs Offload ₹943 Crore as Domestic Institutions Inject Massive Support in Equity Markets Foreign Outflows vs Domestic Shield as Institutional Investors Trade Foreign institutional investors (FIIs) registered a net outflow of ₹943.42 crore in Indian equities on August 5, marking the end of their previous two-session buying streak. FIIs purchased shares totaling ₹15,940.50 crore but sold stakes valued at ₹16,883.92 crore during the session.Meanwhile, domestic institutional investors (DIIs) provided a strong counterpoint, registering a net inflow of ₹2,883.17 crore. DIIs acquired shares worth ₹19,353.43 crore and disposed of holdings amounting to ₹16,470.26 crore.Looking at the year-to-date trend, foreign investors have withdrawn...

Massive Regulatory Overhaul: RBI Invites Public Comments on ‘On-Tap’ Licensing of Urban Co-operative Banks The Reserve Bank of India (RBI) has launched a critical consultation process regarding the future regulation and licensing structure for Urban Co-operative Banks (UCBs). The central bank today published draft guidelines aimed at stakeholders, inviting public comments on the proposed 'on tap' licensing framework. This move signals a significant focus by the RBI on strengthening and standardizing the operational environment for the cooperative banking sector across India.RBI Initiates Stakeholder Consultations on UCB LicensingThe release of these draft guidelines marks a major step toward regulatory refinement within the...

eClerx Reports Q1 FY27 Results: Total Revenue Rises 23.8% Amid Operational Metrics Mumbai, August 05, 2026: eClerx Services Ltd has announced its consolidated and standalone un-audited financial results for the first quarter (Q1) of fiscal year 2027, ended June 30, 2026. The company reported significant growth across key revenue metrics while managing operating costs.For Q1 FY27, eClerx recorded total revenue of INR 1,170.2 crore, marking a year-over-year (YoY) increase of 23.8%. Operating revenue for the quarter stood at INR 1,152.4 crore, achieving a YoY growth rate of 23.3%, compared to INR 934.6 crore in the corresponding period last year. In USD terms, operating revenue increased by 15.2% to USD 125.9 Million from USD 109.2...

D. P. Abhushan Limited Approves Change in Address for Maintaining Books of Account D. P. Abhushan Limited has approved a material change regarding the location where it will maintain its books of accounts and other relevant records. The decision, taken by the Board of Directors, solidifies the move to a new premises, effective immediately.The company announced that the relocation and establishment of bookkeeping at the new address was approved during a meeting of the Board of Directors held on August 05, 2026.The new address for maintaining the books of account and other necessary corporate records is located at 2nd Floor, 1, Dwarkapuri, Gopal Gaushala Colony, Ratlam (M.P.)-457001.This operational change is effective from August...

Bodal Chemicals Reports Unaudited Standalone and Consolidated Results for Quarter Ended June 30, 2026 Bodal Chemicals Limited reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. These results were reviewed by the company's Audit Committee and were considered during the Board of Directors meeting held on August 5, 2026.The company announced that it has appointed M/s Tapan Shah, a practicing Company Secretary, as the Scrutinizer to ensure the fair and transparent process of e-Voting for its Annual General Meeting (AGM). The AGM is scheduled to be held on Friday, September 25, 2026, through Video Conferencing (VC) or Other Audio Visual Means (OAVM).Financial Performance Summary The...

India's Hospitality Sector Consolidates: Major Merger Involving Accor Management Companies Reviewed by CCI The Indian hospitality sector is witnessing significant structural changes as multiple specialized entities merge operations under a consolidated entity. The proposed transaction involves several key players currently active in hotel management, development, and consultancy services across the country. This move signifies a major consolidation effort within the market dedicated to managing and developing Accor-branded properties.Overview of the Proposed Hospitality Merger The proposed combination is structured as a merger and acquisition, falling under sections 5(a)(i)(A), 5(c)(i)(A) and 5(d) of the Competition Act, 2002 (as...

Pro FX Tech Limited Announces Board Meeting for Q2 Results Approval and AGM Preparation Pro FX Tech Limited has announced a series of business events related to its financial performance and corporate governance. The company scheduled a meeting of its Board of Directors, which will include the approval of un-audited accounts and financial results for the quarter ended June 30, 2026.The board meeting is set to take place on Monday, August 10, 2026, at 01:30 p.m. The agenda for the directors' meeting includes several critical items for the company's next steps.Key business transactions slated for consideration include:Approval of Un-Audited Accounts and Financial Results for the quarter ended June 30, 2026. Conducting of the Annual...

Asahi Songwon Colors Reports Q1FY27 Results; Consolidated Revenue Reaches ₹189.70 Cr Ahmedabad: Asahi Songwon Colors Limited, a major manufacturer of pigments, colorants, and APIs in India, has announced its financial results for the first quarter ended June 30, 2026. The company reported strong performance across various segments, though some businesses faced challenges related to raw material costs.The company recorded Consolidated Total Revenue of ₹189.70 Cr for Q1FY27. This represented a 28.57% increase Quarter-on-Quarter (Q-o-Q) and a 25.35% rise Year-on-Year (Y-o-Y). The Consolidated EBITDA stood at ₹32.60 Cr, marking a Q-o-Q jump of 41.62% and a Y-o-Y increase of 171.56%. Net Profit for the quarter was reported at ₹19.03 Cr...

Nahar Poly Films Appoints Independent Directors for Second Term Tenure Nahar Poly Films Limited has approved the appointments of several directors for their second term, strengthening its board with experienced industry professionals. The board's decision, based on recommendations from the Nomination and Remuneration Committee, includes four independent directors whose tenure periods were specified.The company formalized the re-appointment of Dr. Anchal Kumar Jain for a second five-year term, effective May 25, 2027. Additionally, three other individuals—Dr. Roshan Lal Behl, Dr. Prem Lata Singla, and Dr. Rajan Dhir—were appointed or confirmed for a second term beginning August 24, 2027. All appointments are subject to the approval of...