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JTL Industries Reports Q1 Financial Results: Standalone Profit Reaches 2,937.81 Lakhs; Group Revenue Crosses 72,000 Lakhs JTL Industries Limited has released its Unaudited Financial Results for the quarter ended June 30, 2026, providing a look at both standalone performance and consolidated group results. The Company’s Board of Directors approved these results during the meeting held on August 5, 2026.The Standalone Unaudited Financial Results show strong revenue generation and profitability for JTL Industries Limited. Total Income stood at 54,105.20 Lakhs, while total expenses were recorded at 50,184.93 Lakhs. This resulted in a Profit Before Tax of 3,920.27 Lakhs. After accounting for the total tax expense of 982.46 Lakhs, the...

OBSC Perfection Increases Authorized Share Capital and Announces Preferential Issue OBSC Perfection Limited, formerly known as OBSC Perfection Private Limited, announced key outcomes from its Board of Directors meeting held on August 5, 2026. The board approved an increase in the company's authorized share capital and green-lighted a preferential issue through which the company will raise funds by issuing equity shares to non-promoter groups.Authorized Capital EnhancementThe Board approved increasing the Authorized Share Capital of the Company. Previously, the authorized capital was Rs 27,00,00,000, divided into 2,70,00,000 equity shares of Rs 10/- each. The updated authorization raises this amount to Rs 30,00,00,000, which will be...

Dredging Corporation of India Limited reports Q1 turnaround with 46.73% growth in operational income Dredging Corporation of India Limited (DCIL), a premier dredging company, has reported an impressive financial and operational performance for the quarter ended June 30, 2026, marking a significant turnaround in profitability according to its latest results. The performance underscores the company's commitment to operational excellence and sustainable value creation within India's dredging sector.DCIL showcased robust resilience across all key performance parameters, achieving enhanced operational efficiency and increased revenue during the quarter.The company reported substantial growth in Operational Income, which rose to 355.43...

NRB Industrial Bearings Reports Q1 Results and Acquires Stake in Captive Solar Power Project NRB Industrial Bearings Limited has announced the unaudited financial results for the quarter ended June 30, 2026. The company also confirmed its participation in a strategic captive solar power project through an equity acquisition in Lok Green Energy India Private Limited.The Board of Directors approved these results and the strategic move during its meeting held on Wednesday, August 05, 2026.Financial Performance Highlights The financial statements for the quarter ended June 30, 2026, were reviewed by the Audit Committee and approved by the Board. The company’s operations are primarily centered in the Bearings and related components...

Shilpa Medicare Limited Sets Record Date for Final Dividend EntitlementShilpa Medicare Limited has announced the record date for determining shareholder entitlement regarding the final dividend recommended for the financial year 2025-26.The Company fixed Friday, September 4, 2026, as the record date. This date will determine which shareholders are entitled to receive the final dividend.This announcement follows the Board of Directors having recommended a final dividend for the financial year 2025-26, pending approval by the company's shareholders at the upcoming Annual General Meeting (AGM).The AGM is scheduled for September 11, 2026. Should the dividend be approved by the shareholders during the meeting, payment will be...

Suzuki Motor Corporation Reports Strong Q1 FY2026 Results with Revenue and Profit Growth Suzuki Motor Corporation, the parent company of Maruti Suzuki India Limited, reported its consolidated financial results for the first three months of fiscal year 2026. The results indicate growth across key metrics, driven by strong revenue performance both domestically and internationally.The corporation recorded a significant increase in total revenue, while profitability saw substantial gains.Financial Performance Highlights (Q1 FY2026) For the quarter ending June 30, 2026, Suzuki Motor Corporation reported consolidated revenues of 1,705.8 Billion of yen, marking a +22.0% increase compared to Q1 of FY2025. Operating Profit increased by...

Sterling Tools Reports Q1 Performance; Approves New Cost Auditor and Announces Investment in Subsidiary Sterling Tools Limited has reported its Unaudited Financial Results for the first quarter ended June 30, 2026, with the Board of Directors approving the outcomes. The company also announced key operational decisions, including the appointment of a new Cost Auditor, setting dates for its upcoming Annual General Meeting (AGM), and committing to an investment tranche in its wholly owned subsidiary, Sterling Tech-Mobility Limited.The results reflect the operational performance across both standalone operations and the consolidated group structure.Financial Performance Highlights (Q1 FY26) Standalone Results: For the three months ended...

NCLT Sanctions Amalgamation Scheme for Adani Power Limited and Nine Subsidiaries Adani Power Limited has received crucial approval regarding its proposed scheme of amalgamation, with the National Company Law Tribunal (NCLT) Ahmedabad sanctioning the merger of nine wholly owned subsidiaries into the parent company. The transaction, which has an appointed date of April 1, 2025, involves consolidating several key thermal and power management entities under Adani Power Limited (APL).The amalgamation encompasses ten transferor companies, including subsidiary firms such as Adani Power Dahej Limited (APDL), Kutchh Power Generation Limited (KPGL), Resurgent Fuel Management Limited (RFML), Mahan Fuel Management Limited (MFML), Orissa Thermal...

Paisalo Digital Limited Confirms Full Utilization of Proceeds from Debt InstrumentsPaisalo Digital Limited has confirmed the complete utilization of funds raised from various debt instruments issued through private placements. The company reported that all proceeds have been used for their intended purpose, with no deviation recorded in the allocation or application of these funds as of the quarter ended June 30, 2026.The firm detailed the proceeds utilized across four tranches of Commercial Papers (CPs), which were raised between April and May 2026. The total amount raised was fully dedicated to its designated business objective.A statement reviewed by the Audit Committee confirmed that the funds raised from these debt securities...

Tembo Global Industries JV to Commence Production of Specialised UAV Components at Kashidkopar Tembo Global Industries Limited (NSE: TEMBO) has announced that JR UAV Limited, a strategic joint venture, will commence the production of specialised components required for Unmanned Aerial Vehicle (UAV) systems. The manufacturing unit is located in Kashidkopar and is scheduled to start operations within 90 days.The JV involves Tembo Global Industries Limited, along with JR UAV Europe and JR PROPO Japan. The specialized components manufactured will be destined for orders placed by JR UAV Italy. This initiative establishes the Kashidkopar facility as a dedicated manufacturing base for precision components targeting unmanned aerial platforms...

Rajshree Polypack Reports Unaudited Financial Results for Quarter Ended June 30, 2026 Rajshree Polypack Limited released its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The results were reviewed by auditors and approved by the Board of Directors during a meeting held on August 05, 2026.The company operates within the Plastic Packaging Product segment.Consolidated Financial Performance Rajshree Polypack Limited reported key operational and financial figures for the quarter ended June 30, 2026, as detailed in its consolidated unaudited results.Consolidated Income Statement highlights are presented below:ParticularsQuarter Ended Jun 30, 2026 (Unaudited)March 31, 2026 (Audited)June...

HT Media Reports Quarterly Results for June End, Showing Profitability and Stable Financial Metrics HT Media Limited has released its Un-Audited Financial Results (UFRs) for the quarter ending June 30, 2026. The Board of Directors reviewed and approved these results, which were subjected to a limited review by S.R. Batliboi & Co. LLP, Chartered Accountants.The company reported total income of INR 49,696 Lakhs for the quarter in continuing operations. Total expenses stood at INR 44,154 Lakhs, leading to a profit before tax from continuing operations of INR 5,660 Lakhs. After factoring in tax charges and results from discontinued operations, the company reported a total profit of INR 4,351 Lakhs for the period.The un-audited...

Thangamayil Jewellery Limited Announces Expansion with Inauguration of New Branches in Chennai Thangamayil Jewellery Limited is expanding its retail presence by opening two new branches in Chennai, Tamil Nadu. The company's expansion aims to enhance market reach through these new store openings.The inauguration of the two new outlets is scheduled for August 23, 2026. The new locations are situated at Mogaippair West and Puraisaiwakkam in Chennai, Tamil Nadu.THANGAMAYL Stock Price Movement As of 3:06 PM, shares of Thangamayil Jewellery Limited are rallying strongly in live trading, climbing 4.99% to reach ₹4953 as they surge past their day high. The stock is currently commanding significantly higher levels after seeing considerable...

Ceinsys Tech Limited Receives Purchase Order from EKS InTec India for Design Planning and Simulation Project Ceinsys Tech Limited has secured a significant purchase order from EKS InTec India Private Limited. The contract pertains to the design planning and simulation of four production lines, totaling Rs. 3,56,91,142.50 excluding GST.The order was received by Ceinsys Tech Limited on August 4, 2026, from EKS InTec India Private Limited. This agreement falls under the purview of the company's Mobility Business unit. The contract represents a fixed bid project for Design Planning and Simulation of four production lines.According to details provided regarding the contract, the project is classified as domestic and is scheduled for...

Bank of India Launches Dedicated Value Fund, Targeting Long-Term Capital Appreciation Through Undervalued Stocks Bank of India Mutual Fund has officially launched the Bank of India Value Fund, an open-ended equity scheme dedicated to following a disciplined value investment strategy. This new fund is designed for investors seeking long-term capital appreciation by identifying and investing in stocks that trade significantly below their intrinsic worth. The fund aims to provide consistent growth prospects through fundamental analysis and rigorous portfolio management.Strategic Focus on Value Investment The core objective of the Bank of India Value Fund is generating substantial, long-term returns. This goal is pursued by predominantly...

The Ramco Cements Reaches Total Non-Core Asset Disposal Value of Rs 1,106.47 Crores The Ramco Cements Limited has finalized the disposal of its non-core assets, reporting a total value realization of Rs 1,106.47 crores. This completion follows multiple stages of asset monetization that spanned over two years.The company had previously outlined proposals for the disposition of these assets. The initial target was set at approximately Rs 1,000 crores, followed by a subsequent goal to dispose of further non-core assets totaling around Rs 200 crores.The process saw staged monetization efforts. Earlier realizations included Rs 1,080.82 crores from the first round of disposal. Subsequently, an additional realization of Rs 25.65 crores was...

GSM Foils Limited clarifies price movement amid managing director incident GSM Foils Limited has issued a clarification regarding the significant movements observed in the price of its equity shares, addressing concerns raised by the National Stock Exchange of India (NSE). The company confirmed that it remains committed to corporate governance and is unaware of any material events or information beyond what has already been disclosed.The Company referenced prior disclosures made on July 31, 2026, and August 02, 2026, which informed the market about an incident involving Mr. Mohansing Parmar, the Managing Director.Regarding this matter, GSM Foils Limited clarified that the incident concerns certain individuals in their personal...

NIIT Learning Systems Announces 24th AGM and Recommends Final Dividend of Rs 3.25 Per Equity ShareNIIT Learning Systems Limited (formerly MindChampion Learning Systems Limited) has announced details regarding its upcoming 24th Annual General Meeting (AGM) and the recommended final dividend for the financial year ended March 31, 2026.The AGM is scheduled to be held on Wednesday, September 9, 2026, at 12:30 P.M. (IST). The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), allowing for participation without the physical presence of members at a common venue.The Board of Directors, following its meeting on May 12, 2026, recommended a final dividend amounting to Rs 3.25 per equity share. This...

Maithan Alloys Acquires 0.29% Stake in Sterlite Technologies Limited through Stock Exchange Maithan Alloys Limited has completed the acquisition of equity shares in Sterlite Technologies Limited. The transaction was finalized through the stock exchange and is part of a long-term investment strategy for the company.The acquisition, which occurred on August 4, 2026, involved Maithan Alloys acquiring 1,483,256 shares of Sterlite Technologies Limited at a total cost of Rs. 91.24 Crore. This stake represents 0.29% of the target entity's shareholding. The company confirmed that it does not intend to acquire control over the management of Sterlite Technologies Limited.The acquisition is categorized as a cash consideration and was conducted...

Haleos Labs Approves Q2 Financial Results; Announces Director Re-appointments and AGM Date Haleos Labs Limited, specializing in the manufacturing of Active Pharmaceutical Ingredients and their intermediates, reported its unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also announced key governance decisions following a Board meeting held on August 5, 2026.The Board of Directors considered and approved the financial results for the quarter. Additionally, the board addressed matters including the re-appointment of Independent Directors and the revision of managerial remuneration.Corporate Governance Updates During the Board Meeting, several significant decisions were ratified...