Markets

ROX Hi-Tech Achieves Cisco Preferred Partner Status in Networking and Security, Reinforcing Enterprise Technology Leadership Chennai, India - August 5, 2026: ROX Hi-Tech Limited (NSE: ROXHITECH), a provider of AI-led digital transformation and enterprise technology solutions, has been recognized as a Cisco Preferred Networking Partner and Cisco Preferred Security Partner. These designations fall under the Cisco Partner Program and represent the highest partner designation from Cisco, reaffirming ROX’s deep expertise in advanced networking and cybersecurity solutions.The attainment of Cisco Preferred Partner status is awarded to organizations that demonstrate strong technical capabilities, certified expertise, and a track record of...

Composite Scheme Approved for Multiple Companies Involving STPL and TVS Entities The boards of directors of several entities have approved a Composite Scheme of Amalgamation involving STPL Trading and Services Private Limited, Home Credit India Finance Private Limited, TVS Housing Finance Private Limited, and TVS Credit Services Limited. This move aims to simplify the corporate structure and consolidate assets within the group.The companies involved in the amalgamation are undergoing processes as defined under Sections 230 to 232 of the Companies Act, 2013. The scheme is contingent upon receiving statutory, regulatory, and customary approvals from various authorities, including the Reserve Bank of India (RBI), the Competition...

Gateway Distriparks Reports Q1 FY27 Results; Declares Interim Dividend Amid Market Challenges Gateway Distriparks Limited (GDL), a prominent integrated inter-modal logistics service provider, announced its un-audited financial results for the quarter ended June 30, 2026. The company also declared a First Interim Dividend for Fiscal Year 27.The Q1 FY27 results showed mixed performance across key vertical segments and core financials compared to Q1 FY26.Operational and Financial Highlights GDL reported the following details regarding throughput and financial metrics:Particulars (Rs. Crs)Q1 FY 27Q1 FY 26Q1 vs Q1 GrowthTotal Revenue553.7554.1-0.08%EBIDTA121.5123.0-1.28%PBT69.371.8-3.43%PAT*51.362.2-17.55%The company...

TechD Cybersecurity Limited Secures Multiple Contracts and International Letter of Intent Valued at Nearly INR 3.1 Crore TechD Cybersecurity Limited has received a combination of purchase orders (POs) and a Letter of Intent (LOI) from both domestic and international clients, aggregating to a total order value of INR 3,08,61,200. These agreements, secured on August 5, 2026, fall within the ordinary course of business for the technology firm.The revenue stream includes commitments ranging from long-term comprehensive managed security programmes (MSPs) to short-duration specialized services. The contracts are backed by various sectors, including listed manufacturing companies and large regulated entities.A summary of the secured...

Vinyas Innovative Technologies Establishes Joint Venture in USA to Bolster Global Manufacturing Footprint Vinyas Innovative Technologies Limited, formerly known as Vinyas Innovative Technologies Pvt. Ltd., has approved the incorporation of a joint venture company in the United States of America. This strategic move aims to enhance the company's presence and capabilities within the North American market.The joint venture involves Vinyas Innovative Technologies Limited (VINYAS) and UIS (United Innovative Solutions Inc). The new entity is established as an integral part of Vinyas' global growth strategy, positioning itself within the specialized field of Electronics System Design & Manufacturing (ESDM), which covers PCBAs and subsystem...

Whirlpool of India Reports Q2 Results; Announces Key Management Changes Whirlpool of India Limited released its unaudited financial results and announced significant changes within its senior management following a Board meeting held on August 5, 2026. The company reported its performance for the quarter ended June 30, 2026, while key personnel transitioned into new roles or resigned from their posts.The Board approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026. The results were reviewed by the Audit Committee of the Company.Q2 Financial Highlights Whirlpool of India's financial performance details were provided across both standalone and consolidated reports.Based on the...

FDC Ltd Announces Q1 Results And Approves Strategic Investment Stake in Netra Green Energy FDC 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 at a meeting held on August 5, 2026. Additionally, the Board granted in-principle approval for an investment in Netra Green Energy Private Limited.The board meeting saw FDC Limited review and approve its financial performance alongside granting a strategic investment green light that relates to the Group Captive Solar Project planned for the company’s API manufacturing plant at Roha.Financial Performance Q1 FY2026 FDC Limited reported both standalone and consolidated...

Wipro and Rubrik Launch Enterprise Resilience as a Service to Ensure Continuous Cyber Resilience Wipro Limited and Rubrik have jointly announced the launch of Enterprise Resilience as a Service (ERaaS). This consulting-led, outcome driven service is designed to help organizations prevent, withstand, and quickly recover from cyber and operational disruptions.In today's complex digital environments where AI adoption is accelerating, ensuring continuous resilience against cyber and operational threats has become a critical business priority. ERaaS aims to move beyond the traditional backup and disaster recovery model. It operates as a continuously managed, enterprise wide capability spanning technology, operations, and core business...

Mis Mahi Drugs Appoints New Cost Auditors and Nominee Director at Board Meeting The Board of Directors of Mis Mahi Drugs Private limited, a material subsidiary of HALEOS LABS LIMITED, made significant appointments regarding its operational structure during a meeting held on August 5, 2026. The company appointed new cost auditors for the financial year 2026-27 and also named Mr. Vincent P. Asaro as a Nominee Director.The appointment of Annapragada & Co. as Cost Auditors was finalized at the meeting. This decision relates to Section 148 of the Companies Act, 2013, read with relevant rules governing audits and auditors.Details regarding the Cost Auditor are presented below:ParticularsInformationName of the Auditor and Firm...

Godrej Agrovet Announces Q1 Financial Results and Appoints New CFO Amid Leadership Transition Godrej Agrovet Limited has reported its unaudited financial results for the quarter ended June 30, 2026, with the Board of Directors approving both standalone and consolidated performance. The company also announced significant leadership changes, noting the early superannuation of its Chief Financial Officer and appointing a new executive to the senior finance role.The board meeting held on August 5, 2026, reviewed the limited review reports pertaining to the Q1 results, which were unanimously found to be in good order.Leadership Changes and Appointments Godrej Agrovet Limited confirmed that Mr. S. Varadaraj will take early superannuation...

Shilpa Medicare Approves Q1 Results, Announces Strategic Investment of Up To EUR 7 Million in Gate2Brain Shilpa Medicare Limited announced the approval of its Un-Audited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026. The Board meeting held on August 5, 2026, also approved several key corporate actions, including a significant strategic investment into Gate2Brain (G2B).The Company's subsidiary, Shilpa Biocare Private Limited ("Biocare"), is planning an investment in Gate2Brain, which totals up to EUR 7 million. This proposed investment is intended to be executed in a fungible manner through a combination of cash infusion, equity for services, or development costs associated with the projects...

Cheviot Company Limited Reports Q1 Results with Revenue of ₹20,693.76 Lakhs; PBT Stands at 5,540.67 Lakhs Cheviot Company Limited has released its unaudited standalone financial results for the three months ended June 30, 2026, along with a Limited Review Report issued by statutory auditors. The Board of Directors approved and took on record these results during their meeting held on August 5, 2026.The company's total income for the quarter ending June 30, 2026, reached ₹20,693.76 Lakhs, compared to a total income of ₹13,775.91 Lakhs in the corresponding quarter of the previous fiscal year (Q1 FY 2025). The results show a significant increase from the Q1 results for March 31, 2026, which recorded a Total Income of ₹11,694.18 Lakhs...

Tips Music Limited Approves Share Buyback Proposal with Maximum Size and Price Set Tips Music Limited, formerly known as Tips Industries Limited, announced the successful outcome of its Board meeting held on Wednesday, August 5, 2026. The board approved a proposal for the buyback of fully paid-up equity shares.The decision allows the company to repurchase equity shares from shareholders other than promoters, the promoter group, and persons in control of the company. This action is set against audited special purpose interim condensed financial statements for the quarter ended June 30, 2026.Buyback Parameters and LimitsThe approved buyback framework outlines specific limits regarding size and price. The maximum aggregate amount...

Amrutanjan Health Care Commissions New Manufacturing Facility in Telangana with ₹150 Crore Investment Amrutanjan Health Care Limited has successfully commissioned its new Greenfield Sanitary Napkin Manufacturing Facility located at Seetharampur Village, Shabad Mandal, Rangareddy District, Telangana. This significant milestone marks a major investment into the company's manufacturing operations and reinforces its commitment to producing high-quality feminine hygiene products under the Comfy brand.The facility, which is Amrutanjan’s fifth manufacturing plant, covers 10 acres and boasts a built-up area of 1.4 lakh sq. ft. Strategically situated approximately 45 km from Hyderabad, the location allows the company to leverage the region's...

Snowman Logistics Registers 9.21% Revenue Growth in Quarter Ended June 30, 2026 Mumbai: Snowman Logistics Limited reported improved performance for the quarter ended June 30, 2026, registering a significant increase in revenue and EBITDA. The company posted revenue of INR 177.68 Crores, marking a 9.21% growth compared to INR 162.70 Crores recorded in the corresponding period last year.The company also saw robust performance in profitability metrics for the quarter. EBITDA stood at INR 29.31 Crores against INR 25.09 Crores from the previous year, indicating a Year on Year growth of 16.81%.Financial summary for the quarter:MetricCurrent Quarter (June 30, 2026)Previous Corresponding QuarterRevenueINR 177.68 CroresINR 162.70...

RBI Resumes UCB Licensing After Two Decades, Initiates Sweeping Interest Rate Rationalization The Reserve Bank of India (RBI) has released a comprehensive Statement detailing significant developmental and regulatory policy measures spanning multiple segments of the financial sector. The policies cover everything from reintroducing licensing for Urban Co-operative Banks (UCBs) to rationalizing interest rate guidelines for all Regulated Entities (REs). These actions underscore the RBI’s continued focus on fostering a stable, transparent, and well-regulated banking ecosystem.Revival of Urban Cooperative Bank Licensing Following a two decade pause on issuing fresh licenses, the RBI has made a major pivot regarding the licensing of Urban...

Snowman Logistics Limited Approves Q1 Unaudited Financial Results; Reports Variances in Operating Segments Snowman Logistics Limited has approved its unaudited standalone financial results and the Limited Review Report for the quarter ended June 30, 2026. The Board of Directors reviewed and accepted these results, which were prepared pursuant to Indian Accounting Standard 34 (Ind AS 34) 'Interim Financial Reporting'.The independent auditor's review report noted that nothing came to their attention suggesting the statement contained any material misstatement or failed to disclose required information.Quarterly Financial Performance Overview The company’s unaudited results for the quarter ended June 30, 2026, reflect operational...

Omfurn India Secures Orders from Oberoi Realty and Incline Realty Valued at Nearly ₹3,900 Lakhs Omfurn India Limited has received several new orders for the supply and installation of pre-finished wooden doors and frames. The contracts are with OBEROI REALITY LIMITED and its subsidiary INCLINE REALTY PRIVATE LIMITED. These projects have been scheduled for delivery by December 31, 2026.The total value of the newly secured orders stands at Rs. 3,888.07 Lakhs (exclusive of taxes).Project Breakdown Details Omfurn India’s clients are involved in multiple high-profile projects across Oberoi and Incline developments. The details of these contracts, including the scope of work, consideration, and timeline, are summarized below:Project...

Mahindra Finance Board Approves Merger: MRHFL to be Absorbed by MMFSL The Board of Directors of Mahindra & Mahindra Financial Services Limited (MMFSL) has approved a scheme for the merger by absorption of Mahindra Rural Housing Finance Limited (MRHFL). The strategic move is set to consolidate the lending businesses of both entities into a single, unified listed platform.The decision was formalized during the company's board meeting held on August 5, 2026. The proposed amalgamation involves MRHFL being absorbed by MMFSL, with the dissolution of MRHFL, subject to necessary regulatory approvals.The merger is intended to create a stronger entity characterized by simplified operations and enhanced operating leverage. By integrating their...

Matrix Geo Solutions Secures Drone Inspection Project with Northeast Frontier Railway Matrix Geo Solutions Limited, a geospatial technology consultancy, has secured a major project involving the inspection of railway infrastructure from the Northeast Frontier Railway. The company received a Letter of Acceptance (LoA) for conducting a specialized drone-based assessment of 25 kV Overhead Equipment (OHE) within the Lumding Division.The engagement requires Matrix Geo Solutions to deploy drone technology for visual, thermal, and geometrical inspections of the railway's overhead electrification infrastructure. This inspection aims to produce high-resolution aerial and thermal data necessary to support accurate OHE asset assessment and...