Markets

Biocon Releases Q2 2026 Financial Results; Group Revenue Reaches 43,360 Million Biocon Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors approved both the standalone and consolidated results, which were limitedly reviewed by statutory auditors.The consolidated figures showed a total income of 43,905 million in the quarter, with revenue derived from operations standing at 43,360 million. Net profit for the period stood at 1,368 million, while the total comprehensive income was reported at 9,256 million.The standalone entity reported a revenue from operations of 6,245 million. Total income reached 6,893 million, before accounting for total expenses of 6,194...

Motherson Group Subsidiary Incorporates Netherlands Entity for Aerospace Business Samvardhana Motherson International Limited has seen a significant expansion of its subsidiary structure with the incorporation of a new entity in the Netherlands dedicated to aerospace and advanced systems. Samvardhanan Motherson Adsys Tech Holland Holding B.V. (SMAST BV) was incorporated on August 04, 2026, under the laws of Netherlands.The new incorporation follows the actions of Samvardhana Motherson Adsys Tech Limited (SMAST), which is a wholly owned subsidiary of Samvardhana Motherson International Limited. SMAST BV has been established as an aerospace business entity and is set to hold the international businesses pertaining to the aerospace...

QVC Exports Limited Approves Dividend and Reappoints Directors at Board Meeting QVC Exports Limited, a company formerly known as QVC Exports Pvt Ltd, announced several key decisions following its Board of Directors meeting held on August 5, 2026. The board approved the financial results for the year ended March 31, 2026, and recommended a final dividend to shareholders.The directors also reviewed proposals regarding company governance, including the appointment of new management personnel and independent leadership roles.Dividend Recommendation and AGM Details During the meeting, the Board recommended a final dividend of 10% for the Financial Year 2025-26. This translates to Rs. 1 per equity share based on an equity share value of...

Aegis Vopak Terminals Reports Strong Standalone and Consolidated Results for Quarter Ended June 30, 2026 Aegis Vopak Terminals Limited has announced its unaudited financial results and additional disclosures for the quarter ended June 30, 2026. The company reported robust performance across both standalone and consolidated entities, with significant figures presented in the accompanying reports.The Board of Directors reviewed and approved the unaudited financial results on August 5, 2026, including limited review reports from Statutory Auditors C.N K & Associates LLP for the quarter ended June 30, 2026.Standalone Financial Performance Highlights (Q Ended 30.06.2026) The company’s standalone performance reflects strong operational...

Afcons Infrastructure Limited Fully Redeems Rs 50 Crores Commercial Paper Afcons Infrastructure Limited has completed the full redemption of its Commercial Paper (CP), valued at Rs 50 Crores. The CP, identified by ISIN INE101I14EO7, was fully redeemed by the company on August 6, 2026, marking its maturity date.The Commercial Paper had been issued previously and the redemption event confirms the full settlement of the obligation related to this instrument.AFCONS Stock Price Movement Shares of Afcons Infrastructure Limited shed 0.46% in trading, concluding the day at ₹280.9. The stock's intraday movement saw it test a high of ₹286.9 before settling near its low of ₹280.2.

JK Lakshmi Cement Invests Up To ₹ 20.50 Crore in Solar Power Vehicle for Sirohi Plant JK Lakshmi Cement Limited has approved a significant investment into STLC RE 1 Limited, a specialized entity focused on solar power generation. The move is designed to secure renewable energy and reduce operating costs for the company's Integrated Cement Plant located in Sirohi, Rajasthan, under a group captive power route.The Board of Directors considered and sanctioned the acquisition with an outlay of up to ₹ 20.50 Crore. This investment will enable JK Lakshmi Cement to establish a 29MW AC / 42 MWP DC Solar Power Plant, coupled with a 28 MWh Battery Energy Storage System (BESS). The project aims to allow the company to source power at a...

Navin Fluorine Reports Q2 Results; Approves ₹90 Crore Capex for Advanced Materials PortfolioNavin Fluorine International 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 during a meeting held on August 5, 2026. Additionally, the Board sanctioned a significant capital expenditure to expand capacity in advanced materials.The consolidated results were subjected to a limited review by Price Waterhouse Chartered Accountants LLP.Financial Performance Highlights Consolidated Results (Quarter ended June 30, 2026) During the quarter, the company generated Total Revenue of 1,080.17 crores. Profit before exceptional...

RBI Releases Crucial Financial Stability Data on ECB and Bonds for June 2026 The Reserve Bank of India has released comprehensive data detailing External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB), and Rupee Denominated Bonds (RDB). This release, issued on August 5, 2026, provides vital insights into the dynamics of capital flows within the domestic financial markets for June 2026.This data is crucial for investors and analysts monitoring the state of foreign debt instruments in India. The report covers both the Automatic Route and the Approval Route transactions related to these instruments.Monitoring Global Capital Flows: What Was Released? The RBI's release focuses on three key financial metrics that...

Neuland Laboratories Announces Strategic Collaboration with Gland Pharma; Boosts Capacity and Reports Q3 Results Neuland Laboratories Limited has announced a major strategic collaboration with Gland Pharma Limited to expand sterile Active Pharmaceutical Ingredient (API) manufacturing capabilities. Beyond this partnership, the company also provided updates on its capacity enhancement plans and released its unaudited financial results for the quarter ended June 30, 2026.Strategic Partnership with Gland Pharma The collaboration is set to create a dedicated manufacturing platform focused on sterile APIs pertaining to microparticle depot products. This partnership combines Neuland's complex API development and manufacturing expertise with...

N R Agarwal Industries Limited Reports Financial Results for Quarter Ended June 30, 2026 N R Agarwal Industries Limited has released its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results following a meeting held on August 05, 2026. Independent auditors have completed a limited review of the results and issued an unmodified opinion.The company's business scope is defined as the manufacture and sale of paper and paper boards, which constitutes its single operating segment under Indian Accounting Standard (Ind AS) 108.Financial Performance Highlights The financial statements for the quarter ended June 30, 2026, show the following key figures:Financial MetricAmount...

Urja Global Announces Q1 Results, Appoints New CFO and Additional Director; Eyes $500 Million Funding Push Urja Global Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company also confirmed several key appointments to its management team and outlined a strategic plan to raise up to USD 500 Million to support future growth.The Board of Directors approved the results in a meeting held on August 05, 2026. Alongside operational updates, the company announced significant leadership changes, including the appointment of Mr. Vijay Kumar Singhal as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective from August 05, 2026. Dr. Anuradha Tomar was also appointed as an...

Whirlpool of India Announces 65th AGM and Sets Record Date for Final Dividend Whirlpool of India Limited has announced key dates regarding its Sixty Fifth Annual General Meeting (AGM) and established the record date for determining members' entitlement to the final dividend for the financial year ended March 31, 2026.The Company's AGM is scheduled to be held on Wednesday, September 09, 2026, at 11:00 A.M. (IST). Members will be able to attend the meeting through Video Conferencing/Other Audio Visual Means (VC/OAVM).Regarding the annual review materials, the soft copy of the Annual Report and Notice of the AGM will be distributed electronically exclusively to members whose email address is registered with the Company or the Registrar...

Nahar Spinning Mills Announces Q2 Results and Reappoints Directors Nahar Spinning Mills Limited announced key decisions following its Board of Directors meeting held on August 5, 2026. The company approved the standalone un-audited financial results for the quarter ending June 30, 2026, and ratified several managerial reappointments, subject to shareholder approval where applicable.The board meeting also set the stage for upcoming corporate actions, including the appointment of a record date for dividend payments and details regarding the Annual General Meeting (AGM).Key decisions approved by the Board include:Management Appointments: The Directors re-appointed Mr. Dinesh Oswal as Managing Director for a further period of five...

Indian Metals & Ferro Alloys Limited Receives Administrative Warning from SEBI Over Insider Trading Concerns Indian Metals & Ferro Alloys Limited has addressed concerns raised by Securities and Exchange Board of India (SEBI) regarding trading activities conducted by designated persons in the company's middle management group during a specific period.The investigation covered trades in the company's securities that took place between October 2023 and December 2023. Following this review, SEBI issued an administrative warning letter to the Company Secretary and Compliance Officer of Indian Metals & Ferro Alloys Limited.The Company received the cautionary letter from SEBI on August 4, 2026, which was dated July 31, 2026.Indian Metals...

Cummins India Announces Q1 Results and Confirms Key Leadership Resignation Cummins India Limited has announced its unaudited financial results for the quarter ended June 30, 2026, alongside key operational updates, including the resignation of a senior executive. The company also confirmed that it is evaluating candidates to fill the role following the departure.The Board of Directors meeting held on August 5, 2026, reviewed the financial performance for the first quarter of FY27. This included both unaudited consolidated and standalone results.Financial Performance Highlights (Q1 FY27) Cummins India reported its Q1 financial figures across various segments. The detailed results are available in the appended tables.Consolidated...

Hinduja Global Solutions Subsidiary Faces Service Tax Order Demand of ₹76.50 Crore for FY 2016-17 IndusInd Media and Communications Limited (IMCL), a subsidiary of Hinduja Global Solutions Limited, has received a Service Tax Order regarding financial year 2016-17. The order seeks the recovery of tax demand, penalty, and interest from the company concerning this fiscal period.The service tax action was initiated by The Principal Commissioner, Central Goods and Services Tax and Central Excise, Nagpur-I Commissionerate. According to details provided, the Service Tax Order dated August 4, 2026 addresses the short payment or non-payment of Service Tax for FY 2016-17.The order specifies a demand amount totaling ₹76.50 crore, which...

Garware Technical Fibres Reports Strong Q1FY27, Posting Net Profit Before Tax of Rs 86.4 Cr Garware Technical Fibres Ltd., a specialized manufacturer in technical textiles for domestic and global markets, announced its unaudited financial results for the quarter ending June 30, 2026. The company reported significant growth across key metrics, driven primarily by the Synthetic Cordage segment and consistent performance from its Geosynthetics business.The consolidated financial highlights for Q1FY27 show substantial increases in revenue and profitability compared to Q1FY26.MetricQ1FY27 ResultsComparison (%)Q1FY26 ResultsNet SalesRs 482.4 CrIncreased by 31.4%Rs 367.2 CrProfit Before Tax (PBT)Rs 86.4 CrIncreased by 22.7%Rs 70.4...

Ideal Technoplast Industries Approves Share Capital Increase and Bonus Issue After Board Meeting Ideal Technoplast Industries Limited announced key corporate decisions following a meeting of its Board of Directors held on August 5, 2026. The board considered and approved several critical matters, including a substantial increase in authorized share capital and the framework for a potential bonus issue.The Board reviewed and approved the Annual Report of the Company for the financial year ended March 31, 2026, along with the reports presented by the Directors and Auditors. A significant decision included the approval for an increased Authorized Share Capital and the capitalization of reserves to facilitate a bonus share offering.The...

Oriana Power Limited incorporates Wholly Owned Subsidiary to pursue power generation business Oriana Power Limited has successfully incorporated TRUERE SURYAGRID ENERGY PRIVATE LIMITED as its wholly owned subsidiary. The Certificate of Incorporation for the new entity was issued by the Ministry of Corporate Affairs on August 04, 2026, and received by the company on August 05, 2026.The incorporation move sees Oriana Power Limited securing full control over the new entity, which is designated to focus on the generation of any kind of power or electric energy. This subsidiary falls within the industry dedicated to Generation of any kind of power or electric energy and its purpose is specifically "To deal in generation of any kind of...

Cantabil Announces Final Dividend and Reappoints Key Directors Following Q2 Financial Results Review Cantabil Retail India Limited, during its Board meeting held on August 5, 2026, approved the un-audited standalone financial results for the quarter ended June 30, 2026. The board also recommended a final dividend and confirmed key leadership appointments that are subject to shareholder approval at the ensuing Annual General Meeting (AGM).The Board of Directors reviewed the unaudited financial results, which were examined by statutory auditors, and approved the notice for the company's 38th AGM. A significant decision made was the recommendation of a final dividend amounting to Rs 0.75 per share, which represents 37.5% on the face...