Markets

Torrent Power Reports Q1 Results for FY27; Completes Acquisition of Nabha Power Limited Torrent Power Limited announced its unaudited consolidated financial results for the quarter ended June 30, 2026. While the company achieved EBITDA growth of 2%, driven by strong performance in its Distribution and Renewable Energy segments, Total Comprehensive Income (TCI) was impacted by financing costs related to strategic investments in its developing portfolio. Concurrently, the company completed the acquisition of Nabha Power Limited (NPL).The Q1 FY27 results reflect mixed operational circumstances. EBITDA rose to ₹1,619 Crs, compared to ₹1,588 Crs in Q1 FY25-26. Revenue from Operations stood at ₹8,124 Crs for the current quarter, up from...

Chemcon Speciality Chemicals Approves Unaudited Results and Announces 37th Annual General Meeting Chemcon Speciality Chemicals Limited has approved its Unaudited Financial Results for the quarter ended June 30, 2026, alongside the Directors' Report for the financial year 2025-26. The company also announced the details of its upcoming 37th Annual General Meeting (AGM).The Board of Directors reviewed and approved the results, which were subject to a limited review by statutory auditors.Financial Performance Snapshot The Unaudited Financial Results for the quarter ended June 30, 2026, show specific figures across various income and expense categories. The financial data, prepared in accordance with Indian Accounting Standards (Ind AS)...

Arjun Jewellers Set to Raise Rs 200 Crore in Updated IPO as Retail Profits Surge Over 80% Rajkot-based retail jewellery chain, Arjun Jewellers, has refiled its draft prospectus documents with the Securities and Exchange Board of India (SEBI). The company is now seeking up to Rs 200 crore through a maiden public offering (IPO) to fund operational needs and strategic expansion. This updated issuance size reflects the strong financial momentum displayed by the jewellery retailer in recent fiscal years.IPO Details and Fund Utilization The forthcoming IPO will consist entirely of a fresh issue of equity shares, with no offer-for-sale component. The increased fundraising target comes after the company previously proposed raising Rs 180...

Juniper Hotels Limited Reports on Business Responsibility and Sustainability for FY2026 Juniper Hotels Limited (JHL) has released its Business Responsibility and Sustainability Report (BRSR) covering the financial year ended March 31, 2026. The report provides a comprehensive overview of the company's operational scale, service composition, workforce details, and ongoing commitment to environmental, social, and governance (ESG) principles within the hospitality sector.Operational Scope and Business Mix JHL conducts hotel and serviced apartment operations across major business and tourist hubs in India. The company manages 8 operational hotels and has 4 projects currently under development, with a corporate office in Mumbai. A total of...

Mega Tech Rally Sustains Wall Street As Middle East De-escalation Fuels Broader Market Gains Q3 Open: Indexes Rise Amid Geopolitical Easing Wall Street indexes opened higher on the first trading day of August, reflecting signs of de-escalating tensions in the Middle East. The market activity came as investors prepared for a week anticipated to be heavy with economic data and corporate earnings reports. Brent crude prices subsequently slid over 5.5%, while the yield on the two-year Treasury note dipped 3.9 basis points.At 9:35 a.m. ET, the Dow Jones Industrial Average climbed 604.70 points or 1.15% to reach 53,089.73. The S&P 500 gained 42.16 points or 0.56%, settling at 7,531.88. Meanwhile, the Nasdaq Composite registered a gain of...

Three Big Investors Brace for Exit: Paytm Block Deal Set to Offload Up To ₹2,002 Crore in Shares Three significant early investors are preparing to sell a substantial block of shares in One 97 Communications, the parent company of Paytm. The screen-based transaction is structured as a 100% secondary share sale through Indian stock exchanges, meaning the company itself will not receive any proceeds from this deal.The sale includes shares held by Saif Partners India IV, Saif III Mauritius Company, and Elevation Capital V. This large-scale exit offers institutional buyers an opportunity to acquire a significant quantity of Paytm's equity in one go.Details of the Block Share Sale The current transaction offers up to 1.49 crore base...

SBI Funds Management Achieves Profit Jump in First Post-IPO Earnings, Driven by Strong Domestic Inflows SBI Funds Management (SFM) reported robust financial results for the June quarter, posting its first earnings announcement since its stock market debut in July. The asset manager saw a 3.7% year-on-year rise in consolidated net profit, primarily buoyed by sustained and strong domestic participation across mutual funds. This marks a positive start following the company's public listing.Profit Surge Driven by Domestic Investor Confidence SFM reported a consolidated net profit of Rs 880 crore for the quarter ending June 30, up from Rs 849 crore in the previous year. Operating profits climbed significantly at a rate of 17% year-on-year...

CL Educate Limited Approves Allotment of 68,989 Equity Shares to Employees Exercising Stock Options CL Educate Limited has approved the allotment of 68,989 equity shares following the exercise of stock options by eligible employees under its ESOP Plan. The decision was formalized during a meeting held on August 03, 2026, by the company's Share Allotment Committee.The allotment pertains to the 'Amended and Restated Career Launcher Employee Stock Options Plan 2014' (CL ESOP Plan). The allotted shares have a face value of Rs. 5/- per share.The shares were distributed among employees, with specific allotments noted for Key Managerial Personnel. Mr. Arjun Wadhwa, the Chief Financial Officer, was allotted 9,621 equity shares, while Ms...

The Great Eastern Shipping Announces Interim Dividend and Reports Strong Results for Q ended June 30, 2026 The Great Eastern Shipping Company Limited announced its unaudited financial results for the quarter ending June 30, 2026, and declared an interim dividend for the fiscal year 2026-27. The decisions were made during a Board of Directors meeting held on August 03, 2026.The Company declared an interim dividend of Rs. 14.40 per share to equity shareholders. The Record Date set for determining eligible shareholders is August 07, 2026, with the payment scheduled for on or after August 27, 2026.Financial Performance Snapshot (Consolidated) The Board reviewed and approved the provisional financial results for the quarter ended June...

Chairman and Non-Executive Director of N. B. I. Industrial Finance Company Limited Passes Away N. B. I. Industrial Finance Company Limited has announced the passing of Shri Ashok Bhandari, who served as a Chairman and Non-Executive Director of the company. The demise occurred on August 03, 2026.Shri Ashok Bhandari's death marks a loss to the company. The organization expressed its deep sympathy and condolences to his family following the unexpected passing of the director.Details regarding Shri Ashok Bhandari and his role at the company are provided below:ParticularsDetailsNameShri Ashok Bhandari (DIN: 00012210)RoleChairman and Non-Executive DirectorDate of CessationAugust 03, 2026External DirectorshipsNoneNBIFIN...

Shera Energy Limited Appoints Branding Edge as Investor Relations Advisory Agency Shera Energy Limited has appointed Branding Edge Strategic Communication and Advisory LLP to serve as its dedicated Investor Relations Advisory Agency. The appointment aims to strengthen the Company's engagement with investors, shareholders, and various market participants.Branding Edge, which has its registered office in Mumbai, was selected for this role by Shera Energy Limited. The strategic selection is designed to enhance communication efforts and improve interactions across all stakeholders concerned with the company.The move reflects a commitment by Shera Energy Limited to bolster its corporate communications and investor engagement strategy...

Anuh Pharma Ltd to Hold Board Meeting to Review Un-Audited Q1 FY26 ResultsAnuh Pharma Ltd has scheduled a meeting of its Board of Directors to review and approve the Un-Audited Financial Results for the quarter ending June 30, 2026. The board meeting is set to take place on Friday, August 7, 2026, at the company's registered office.The agenda items scheduled for the Board of Directors include considering and approving the financial results for the specified quarter, as well as transacting any other business with the permission of the chair.In compliance with corporate governance standards regarding insider trading, Anuh Pharma Ltd has mandated a restricted trading window for Designated Persons and their immediate relatives. The...

SEL Manufacturing Company Schedules Board Meeting to Review Q2 2026 Unaudited Financial Results SEL MANUFACTURING COMPANY LIMITED has scheduled a meeting of its Board of Directors to review and approve the unaudited financial results for the quarter ended June 30, 2026. The board meeting is set to take place on Thursday, August 06, 2026.The company informed stakeholders that the purpose of the scheduled board meeting includes considering and approving these unaudited financial results pertaining to the quarter which concluded on June 30, 2026.The Board Meeting, which is set for August 06, 2026, will focus on reviewing the operational and financial performance indicators of SEL MANUFACTURING COMPANY LIMITED for the specified period...

Sandu Pharmaceuticals Ltd. Board Meeting Scheduled for August 11, Trading Window Closed Ahead of Q2 Results Review Sandu Pharmaceuticals Ltd. has scheduled a meeting of its Board of Directors to review the company's standalone unaudited financial results for the quarter ended June 30, 2026.The Board meeting is set for Tuesday, August 11, 2026, at 4:00 p.m. The meeting will be held at the Corporate Office of Sandu Pharmaceuticals Limited located in Chembur, Mumbai.The primary agenda item for the meeting is to consider and approve the Standalone Unaudited Financial Results of the Company for the quarter ended June 30, 2026. Directors and officers are also scheduled to discuss any other matter with the permission of the Chair.In...

WSFx Global Pay Ltd Announces Board Meeting for Q1 Results Adoption WSFx Global Pay Limited has scheduled a meeting of its Board of Directors to address key corporate matters, including the consideration and adoption of the unaudited financial results for the first quarter.The Board meeting is set to take place on Thursday, August 13, 2026. The primary agenda item includes reviewing the company's performance as detailed in the unaudited financial results, which cover the quarter ending June 30, 2026.In addition to the meeting details, the company provided an update regarding trading restrictions for its internal stakeholders. A statement was issued confirming that the current trading window has been closed for Directors, Designated...

Octal Credit Capital Ltd Schedules Board Meeting to Review Q1 Unaudited AccountsOctal Credit Capital Limited has announced that its Board of Directors will meet on Wednesday, August 12, 2026, to consider and adopt the company's un-audited financial results for the first quarter.The meeting agenda is scheduled to address two primary items concerning the recently concluded quarter. The directors are expected to review and approve the Unaudited Standalone Accounts for the three months ended June 30, 2026. Additionally, the Board is set to consider and adopt the Unaudited Consolidated Accounts for the same period.In addition to the financial reviews, the company provided details regarding its trading window protocols following the...

Unjha Formulations Ltd Approves Q1 2026 Results; Operational Income Stands at ₹330.67 Lakhs Unjha Formulations Limited has approved its un-audited financial results for the First Quarter ending June 30, 2026, following a Board of Directors meeting held on August 3, 2026. The company's Q1 performance showed Total Income from operations (net) at ₹330.67 Lakhs, resulting in a Profit for the period from continuing Operations of ₹15.69 Lakhs.The results were reviewed and adopted by the Audit Committee and the Board of Directors.The standalone un-audited financial results show that Net sales/income from operations (Net of Excise duty) stood at ₹330.75 Lakhs for the quarter ended June 30, 2026. Other Operating Income was reported as -₹0.08...

Vapi Enterprise Ltd Approves Appointment of M/s HRU & Associates as Secretarial Auditor Vapi Enterprise Ltd., formerly known as VAPI PAPER MILLS LTD., has taken a strategic step in corporate governance, setting a Board meeting to consider and approve the appointment of M/s HRU & Associates as the company’s Secretarial Auditor. The decision follows recommendations from the Audit Committee and is subject to final approval by members at the ensuing Annual General Meeting (AGM).The company has scheduled the Board of Directors meeting for Wednesday, August 05, 2026, to discuss this appointment in detail. M/s HRU & Associates, a Practising Company Secretary, is set to take on the role, with the tenure commencing effective from...

The Yamuna Syndicate Ltd Announces Board Meeting to Approve Q1 Financial ResultsThe Yamuna Syndicate Limited has scheduled a meeting of its Board of Directors to review and approve the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026.The Board meeting is set to take place on Thursday, August 13, 2026, at 11:00 AM. The primary agenda item for the Directors will be the consideration and approval of the company's financial results pertaining to the quarter ending June 30, 2026.In addition to the Board meeting notification, the company provided details regarding trading restrictions concerning its securities. The trading window for all designated persons covered under the company’s Code...

Suryo Foods Announces Board Meeting to Approve Q4 Un-audited Financial Results Suryo Foods & Industries Ltd has scheduled a meeting of its Board of Directors to discuss and approve the company's financial performance for the quarter ended on March 31, 2026.The Board meeting is set to be held on Monday, August 10, 2026, at 12:00 P.M. The meeting will take place at the company’s registered office in Bhubaneswar, Odisha.The primary agenda item for the board is the consideration and approval of the Un-audited Financial results for the quarter concluded on March 31, 2026. The meeting will also cover other associated agenda items pertinent to the company operations.Stock Price Movement Suryo Foods & Industries Ltd shares settled at...