Markets

GNFC's Neem Coated Urea Unit Faces Revised Energy Norms, Preliminary Impact Estimated at Rs 61 Crores Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has received a notification from the Department of Fertilizers (DoF), Ministry of Chemicals & Fertilizers, Government of India regarding the revised Energy Norms applicable under the Urea Pricing Policy. The revision affects GNFC's Bharuch unit, leading to an estimated positive financial impact for the company.The DoF notification set forth the new Energy Norm for GNFC’s Neem Coated Urea at 6.370 Gcal per Metric Tonne (PMT). This is a change from the existing norm of 6.200 Gcal PMT. The revised energy norm will be applicable from April 1, 2025, until March 31, 2028.The...

EPACK Prefab Technologies Reports Strong Q1 FY27 Results; Revenue Jumps 23.9% YoY Noida: EPACK Prefab Technologies Limited, an integrated prefab solutions platform, announced its Unaudited Financial Results for the Quarter ending June 30, 2026. The results showed robust growth, with Revenue from Operations rising 23.9% year-on-year (YoY) to Rs 3,658 Mn, and Profit After Tax (PAT) growing by 13.8% YoY to Rs 182 Mn.EPACK Prefab Technologies Limited specializes in two business verticals: the Pre-Fab Business, which involves providing end-to-end solutions—including designing, manufacturing, installation, and erection—for pre-engineered steel buildings and prefabricated structures both in India and overseas. The company also operates an...

Kilitch Drugs Announces 34th Annual General Meeting for FY2025-26 Kilitch Drugs (India) Limited has scheduled its 34th Annual General Meeting (AGM) regarding the financial year 2025-26. The meeting is set to be held on Thursday, August 27, 2026, at 9:00 a.m. (IST).The AGM will be conducted using Video Conferencing (VC) facility or Other Audio Visual Means (OAVM). Stakeholders are being informed of the details for this meeting and the availability of the Annual Report for FY 2025-26.Accessing the Annual Report The complete Annual Report for the Financial Year 2025-26 is available through the company's website. Interested members can access the full report via the exact path: https://kilitch.com/investor-relations/. This information...

Vedanta Power Limited Updates Corporate ID Number Following Equity Share Listing Vedanta Power Limited has updated its Corporate Identification Number (CIN) subsequent to the listing of equity shares, which took effect from June 15, 2026. This change reflects the company’s transition status on the Ministry of Corporate Affairs (MCA) portal.The Company's CIN has been officially changed from 'U40101MH2007PLC433557' to 'L40101MH2007PLC433557'. Consequently, the status of Vedanta Power Limited on the MCA portal has been updated from 'Unlisted' to 'Listed'.The company, which was formerly known as Talwandi Sabo Power Limited, maintained its compliance and corporate structure while undergoing this transition.Key Company Financials and...

Torrent Pharmaceuticals Reports Cessation of Independent Director Ameera Shah Torrent Pharmaceuticals Limited has announced that Ameera Shah has completed her term and ceased to be a Director of the Company as an Independent Director. The change became effective on August 1, 2026.The completion of terms marks the end of Ms. Shah’s tenure with Torrent Pharmaceuticals Limited.Key details regarding this cessation are presented below:ParticularsDetailsReason for changeAmeera Shah completed her term as an Independent Director of the Company.Cessation DateAugust 1, 2026TORNTPHARM Stock Price Movement Torrent Pharmaceuticals Limited soared on Friday, closing at ₹5122.8 after gaining a robust 5.50% from the previous close. The...

Aditya Birla Lifestyle Brands Reports Strong Q1 FY27 Results; Revenue Grows 11% with Segment Performance Boost Aditya Birla Lifestyle Brands Limited has reported robust financial performance for the first quarter of fiscal year 2027 (Q1 FY27), showing consistent growth across its consolidated operations. The company recorded a significant rise in revenue, operating income, and net profit after tax, driven by strength in both its established Lifestyle Brands and Emerging Business segments.The consolidated results highlight overall revenues reaching Rs. 2046 Cr in Q1 FY27, up from Rs. 1841 Cr in the same period of Q1 FY26. Earnings before interest and tax (EBITDA) saw a strong increase to Rs. 327 Cr, reflecting a 14% year-on-year...

Crisil Assigns BBB/Stable Long Term Rating to Apex Ecotech Limited's Bank Loan Facility Apex Ecotech Limited (AEL) has received credit ratings from Crisil Ratings for its bank loan facilities. The company secured a Crisil BBB/Stable rating for its long term facility and a Crisil A3+ rating for the short term facility, covering a total bank loan facility of Rs 75 Crore.The ratings were assigned by Crisil Ratings based on an evaluation of AEL's financial profile, operational track record, and industry dynamics. The company, which was previously known as Apex Ecotech Private Limited, operates in the industrial water and wastewater treatment sector, focusing on designing, engineering, installation, commissioning, and operation and...

Utkarsh Small Finance Bank Reports Q1 FY27 Results; GNPA Declines Amid Focus on Retail Growth Utkarsh Small Finance Bank Limited has reported its Unaudited Financial Results for the quarter ended June 30, 2026 (Q1 FY27), highlighting operational stability and asset quality improvement. The bank noted strong momentum in retail deposit growth and diversification of its asset portfolio while focusing on risk management practices.The bank managed a Balance Sheet size of ₹28,418 crore, with Total Deposits reaching ₹22,054 crore, marking a 2.6% increase year-over-year (YoY).Financial Performance and Asset Quality For the quarter ending June 30, 2026, Utkarsh recorded an Operating Profit (PPoP) of 64 crore, showing significant improvement...

Sammaan Capital Limited Pays Monthly Interest on Secured Redeemable Non-Convertible Debentures Sammaan Capital Limited has completed the interest payment for its publicly issued, secured redeemable non-convertible debentures (NCDs). The company ensured that the timely payment of interest was executed across both listed issuances.The details pertaining to the interest payments made are provided below:ISINIssue Size (in INR lacs)Interest Amount Paid (in INR lacs)FrequencyRecord DateDue DateActual Payment DateLast Interest Payment DateINE148I07NA21.000.00739Monthly20/07/202603/08/202601/08/202602/07/2026INE148I07MZ1615.244.82657Monthly20/07/202603/08/202601/08/202602/07/2026The company paid the entire interest amount for...

Prataap Snacks Approves Acquisition, Management Changes; Reports Q2 Financial Results Prataap Snacks Limited announced significant corporate decisions following its Board meeting on August 1, 2026. The company approved the acquisition of a land-holding entity and addressed management changes, while also releasing the Unaudited Financial Results for the quarter ending June 30, 2026.The Board reviewed the financials, approved employee stock appreciation rights, confirmed the reclassification status of certain shareholders, and finalized decisions regarding executive appointments and an acquisition deal.Financial Performance Summary Prataap Snacks Limited presented its Unaudited Ind AS Financial Results for the quarter ended June 30...

FSN E-Commerce Ventures Limited Announces 14th Annual General Meeting and Integrated Report for FY2025-26 FSN E-Commerce Ventures Limited has announced its Fourteenth Annual General Meeting (AGM) alongside the release of its Integrated Annual Report for Fiscal Year 2025-26.The AGM is scheduled to be held on Tuesday, August 25, 2026, at 10:30 AM (IST). The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM).In addition to the meeting notification, the company has provided comprehensive details regarding the schedule for e-Voting pertaining to the AGM.The key operational dates and timelines for members are as follows:ParticularsDate and TimeCut-off date for e-VotingTuesday, August 18, 2026...

Chennai Petroleum Corporation Limited Reports on Sustainable Operations and ESG Commitments for FY 2025-26 Chennai Petroleum Corporation Limited (CPCL), a group company of Indian Oil Corporation Ltd (IOCL) and established since December 30, 1965, has detailed its operations and sustainability efforts in the Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report details the company's role in refining and manufacturing petroleum products while highlighting commitments across environmental stewardship, social responsibility, and human rights.Operational Scope and Market Presence CPCL’s primary business activity is the processing of crude oil into refined petroleum products and...

Utkarsh Small Finance Bank Reports Strong Operational Turnaround in Q1 FY27; GNPA 1 Drops to 5.9% Mumbai, August 01, 2026: The Board of Directors of Utkarsh Small Finance Bank Limited approved the Unaudited Financial Results for the quarter ended June 30, 2026. The results indicate a significant operational recovery and transformation journey for the bank, marked by improved asset quality metrics and sharpened focus on securing lending portfolios.The bank saw robust growth in disbursements, with overall disbursement growing by 48.5% year over year (YoY) in Q1 FY27. This was driven by Non-JLG disbursements rising substantially at 92.9% YoY, while JLG Disbursements grew by 4.5% YoY.The Gross Loan Portfolio expanded by 2.0% YoY to...

Fire at GHCL Textiles Warehouse in Tuticorin; Operations Unaffected, Financial Impact Being Assessed A fire broke out at the warehouse of GHCL Textiles Limited, located near the Tuticorin Port in Tamil Nadu on August 01, 2026. The incident occurred at the company's storage facility and has impacted raw material inventory, but company operations remain continuous.The warehouse, situated at No: 1S/1-A, Madurai Bye Pass Road, was used for storing imported raw cotton bales, a key raw material essential to the manufacturing process of GHCL Textiles Limited (formerly Sree Meenakshi Mills).Following the fire incident, which took place around 6:30 PM, local Fire Department authorities and the company's internal team brought the situation...

IRM Energy Appoints Brajesh Kumar Singh as Chief Operating Officer - Operations IRM Energy Limited has appointed Mr. Brajesh Kumar Singh as the Chief Operating Officer - Operations. The appointment, effective from August 01, 2026, was approved by the company’s board of Directors and positions him as a Senior Management Personnel within the organization.The decision follows the review of talent identification by the Nomination and Remuneration Committee, making Mr. Singh critical to the operational leadership of IRM Energy Limited.Mr. Brajesh Kumar Singh brings over 32 years of extensive experience across the oil & gas and City Gas Distribution (CGD) sector. As a Mechanical Engineer from NIT Durgapur, his expertise spans...

Neueon Corporation Reports Q1 Results: Standalone and Consolidated Figures Released for Quarter Ended June 30, 2026 Neueon Corporation Limited, formerly known as Neueon Towers Limited, has announced its unaudited financial results for the quarter ended June 30, 2026. The company’s performance figures cover both standalone operations and consolidated group results, which include three wholly owned Indian subsidiaries and one foreign subsidiary of Digitech Business Systems Limited.The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on July 31, 2026. The company had previously undergone a resolution process until October 23, 2024, with the new Board of Directors having been...

Jubilant Pharmova Recommends Final Dividend of ₹5 Per Share for FY2025-26; Outlines TDS Guidelines Jubilant Pharmova Limited announced that its Board of Directors has recommended a final dividend payment amounting to ₹5 per equity share for the Financial year ended March 31, 2026. This recommendation was made during a meeting held on May 22, 2026, and is subject to approval by the shareholders at the ensuing Annual General Meeting (AGM).The dividend will be paid to shareholders holding equity shares as of the record date, set for July 24, 2026. The company noted that, in compliance with the Income-tax Act, 2025, taxes must be withheld on the dividend payment. A key provision specified is that no tax will be deducted on the dividend...

Sterlite Technologies Secures Approx. INR 960 Cr Contract for Multi-Year Optical Fibre Cable Supply Sterlite Technologies Limited has secured a significant supply agreement from a Domestic Telecom Operator. The multi-year contract involves the provision of optical fibre cables as per customer specifications, valued at approximately INR 960 crore.The order is defined as a domestic transaction with the Domestic Telecom Operator. The agreement details the supply of specialized optical fibre cables and spans multiple financial years.As per the terms of the agreement, Sterlite Technologies Limited will execute the contract during FY28 and FY29, with provisions for an extension period of two additional years upon mutual consent from both...

REC Limited changes internal auditor following superannuation of incumbent REC Limited has announced a change in its Internal Auditor. The transition was made effective August 1, 2026.Shri Sahab Narain, who previously served as the Internal Auditor for the company, ceased his duties due to superannuation. He is being replaced by Shri Mukul Agarwal, whose appointment ensures continuity of internal audit functions at REC Limited.The key details of the auditor change are summarized below:ParticularsDetailsReason for ChangeSuperannuation of Shri Sahab Narain as Internal Auditor.Date of Cessation/AppointmentAugust 1, 2026New AuditorShri Mukul AgarwalShri Mukul Agarwal has been appointed as the new Internal Auditor. He...

Reliance Subsidiary Completes Merger with Holding Company Radisys International LLC Reliance Industries Limited has confirmed that its subsidiary, Radisys Cayman Limited, completed a merger with its holding company, Radisys International LLC. The integration took effect on July 31, 2026.Radisys Cayman Limited is identified as a step-down subsidiary of Reliance Industries Limited. The transaction involved the merger of this entity within the Cayman Islands with Radisys International LLC, which is incorporated in the State of Delaware.RELIANCE Stock Price Movement Reliance Industries Limited shares edged higher on Friday, closing at ₹1307.80 after gaining ₹12.10 or 0.94%. The equity saw strong demand as 8.62 million shares were traded...