Markets

Steel Strips Wheels Reports Highest-Ever Monthly Turnover Driven by Aluminium and Agricultural Segments Steel Strips Wheels Limited (SSWL) reported record performance for July 2026, highlighting a significant increase in both net and gross turnover. The company attributed its growth to strong demand across key segments, including Aluminium, two and three wheelers, and the tractor segment.The results confirm that SSWL experienced its strongest month on record in terms of Rupee turnover and wheel volumes, indicating that the expansion is demand-led rather than price-driven.Financial MetricJuly 2026Previous Period ValueGrowth Rate (YoY)Net Turnover1571.05 Cr378.87 Cr+50.72% (Highest Ever)Gross Turnover1659.87 Cr461.08 Cr (Jul...

Vedanta Iron and Steel Limited Updates Corporate Identification Number Following Equity Listing VEDANTA IRON AND STEEL LIMITED has successfully updated its Corporate Identification Number (CIN) subsequent to the listing of its equity shares. The update reflects a change in the company’s operational status as recorded on the Ministry of Corporate Affairs (MCA) portal.The Company's CIN was transitioned from 'U24109MH2023PLC411777' to 'L24109MH2023PLC411777'. This change corresponds with the listing of the company’s equity shares, which took effect from June 15, 2026. Consequently, the status of Vedanta Iron and Steel Limited on the MCA portal has been changed from 'Unlisted' to 'Listed'.The updated corporate data available through the...

Directors and Auditors Re-appointed at Advanced Enzyme Technologies Ltd.'s Annual General Meeting Members of Advanced Enzyme Technologies Limited (AETL) approved key resolutions related to the appointment and re-appointment of senior management and statutory auditors at its 37th Annual General Meeting (AGM), held on July 31, 2026. The AGM confirmed the tenure for several critical roles within the company structure.The meeting results, which were ratified by scrutinizer’s report, detailed the continuation of leadership across various functions. Mr. Mukund Madhusudan Kabra was re-appointed as a Whole Time Director for another five years. This appointment is effective from April 01, 2027, extending until March 31, 2032.In addition to...

SMS Pharmaceuticals Posts Consistent Growth as API Portfolio Drives Revenue Up 6% YoY SMS Pharmaceuticals Limited, a diversified and integrated pharmaceutical company specializing in Active Pharmaceutical Ingredients (API) and complex Intermediates, reported unaudited financial results for the quarter ending June 30, 2026. The company demonstrated broad-based growth across its high-value API portfolio while maintaining strong margins.The Executive Director, P. Vamsi Krishna, stated that FY27 commenced strongly with diversified growth in the high-value API sector and an EBITDA margin sustained at approximately 20%. This performance was attributed to backward integration and an improving product mix, which reinforced structural...

Dhanlaxmi Crop Science Receives Regulator Approval for Selling Seeds of Multiple Field Crops in Chhattisgarh Dhanlaxmi Crop Science Limited, a research driven seed company based in Gujarat, has secured the requisite Seed Sale Permission from the Department of Agriculture, Chhattisgarh. This approval allows the Company to commercially market its approved seeds of various crops within the state, marking a significant milestone in its national expansion strategy.The regulatory clearance enables Dhanlaxmi to expand its product diversification beyond cotton. The company is now authorized to sell approved seeds for Paddy, Soyabean, and Maize, providing farmers with options that have three to four times more cropping area compared to cotton...

Siyaram Silk Mills Announces Record Date for Bonus Preference Shares Allotment Siyaram Silk Mills Limited has announced a key date concerning its bonus preference shares scheme, following the sanctioning of the proposal by the National Company Law Tribunal (NCLT). The company set August 22, 2026, as the Record Date to determine eligible shareholders who will receive the newly allotted preferences.The scheme for the issuance of bonus Preference Shares has been made effective from July 30, 2026. Under the terms of the Scheme and NCLT approval, Siyaram Silk Mills Limited confirmed that it will allot preference shares as a bonus to each equity shareholder who is recorded in the company's register of members or depository records on the...

ITC Completes Acquisition of Century Pulp and Paper Business from Aditya Birla Real EstateITC Limited has completed the acquisition of a pulp and paper business belonging to Aditya Birla Real Estate Limited. The undertaking, which operates under the name 'Century Pulp and Paper', was acquired by ITC as a going concern.The purchase transaction encompassed the relevant assets, liabilities, contracts, and employees associated with the pulp and paper operation. This acquisition was finalized in accordance with the Business Transfer Agreement that was executed on March 31, 2025.ITC Stock Price Movement On Friday, ITC Limited shed value, with its stock settling at ₹281 after trading down 1.42%. The equity completed its session on a...

Jayant Agro Organics Reports Unaudited Financial Results for Quarter Ended June 30, 2026 Jayant Agro Organics Limited, a manufacturer and exporter of castor oil and its products, has released its unaudited financial results for the quarter ended June 30, 2026. The company reported specific figures across both consolidated and standalone performance metrics.Consolidated Performance Highlights For the consolidated results for the quarter ending June 30, 2026, Jayant Agro Organics registered key figures across its operations:ParticularsQuarter Ended June 30, 2026 (R in Lakhs)Year Ended March 31, 2025 (R in Lakhs)Total income from operations2,778.012,716.27Net Profit / (Loss) before tax923,692N/ATotal Comprehensive Income for...

Compucom Software Limited Approves Q2 Results and Schedules Annual General Meeting Compucom Software Limited announced the approval of its Un-Audited Standalone and Consolidated Financial Results for the quarter ended on June 30, 2026. The company also finalized several key dates related to its upcoming corporate governance activities.The Board of Directors meeting held on Saturday, August 1, 2026, approved the financial results and authorized significant operational decisions. These approvals include taking on record the Limited Review Report for these unaudited standalone and consolidated results.Key outcomes from the board meeting include:Approval of the Un-Audited Standalone and Consolidated Financial Results for the quarter...

Latent View Analytics Appoints Ms. Sonal Ramrakhiani as Chief Executive Officer and Key Managerial Personnel Latent View Analytics Limited has appointed Ms. Sonal Ramrakhiani as its Chief Executive Officer (CEO) and Key Managerial Personnel (KMP). The appointment was approved by the Board of Directors at a meeting held on August 01, 2026, and the role is effective immediately.Ms. Sonal Ramrakhiani has been appointed to this senior executive position in recognition of her extensive experience and leadership background across global IT and ITES sectors.The appointment details, along with Ms. Ramrakhiani's profile, are as follows:ParticularsDetailsReason for changeAppointment as Chief Executive Officer and Key Managerial...

Aditya Birla Real Estate Completes Sale of Century Pulp and Paper Undertaking to ITC Limited Aditya Birla Real Estate Limited has successfully completed the sale and transfer of its Pulp and Paper undertaking, operated under the name 'Century Pulp and Paper', to ITC Limited. The transaction was finalized on August 1, 2026.The sale involved the entire undertaking, encompassing assets, liabilities, contracts, and employees, as a going concern on a slump sale basis. This acquisition follows the terms specified in the Business Transfer Agreement dated March 31, 2025, signed between Aditya Birla Real Estate Limited and ITC Limited.Aditya Birla Real Estate Limited finalized the transaction with ITC Limited, marking the completion of the...

K.P. Energy Limited Secures 100 MW Wind Power Project Agreement with GUVNL K.P. Energy Limited has executed a significant Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). The agreement pertains to the development of a Grid Connected Wind Power Project under the company's Independent Power Producer (IPP) segment, carrying a contracted capacity of 100 MW.The PPA was finalized following a process initiated by GUVNL through its Wind Tender Phase X and subsequent approval from the Gujarat Electricity Regulatory Commission (GERC) concerning the tariff and the PPA structure.This contract represents a major operational step for K.P. Energy Limited, as the project moves the company's cumulative IPP portfolio past...

Balmer Lawrie Announces Key Dates for 109th Annual General Meeting and Dividend Payout Balmer Lawrie & Company Limited, a Government of India Enterprise, has released crucial timelines following its Board meeting held on August 1, 2026. The outcomes approved by the Board concern the scheduling of the company’s 109th Annual General Meeting (AGM), the dispatch of AGM documentation, and setting the record date for the declaration of the final dividend for the Financial Year 2025-26.The Board determined that the 109th AGM will be conducted in physical mode on Monday, September 21, 2026. The meeting is scheduled to be held at Williamson Magor Hall, located at The Bengal Chamber of Commerce & Industry, Royal Exchange Building, Kolkata. The...

Mohini Health & Hygiene Limited Approves Significant Financial Limits, Increases Capital; Appoints New CFO Mohini Health & Hygiene Limited (MHHL) announced several major resolutions passed by its Board of Directors during a meeting held on July 24, 2026. The board approved substantial increases in operational and financial limits for the company, including enhancements to borrowing capacity and investment ceilings, alongside a critical transition in the Chief Financial Officer (CFO) role.The Board sanctioned several material actions concerning the company's corporate structure, all pending shareholder approval at an upcoming Extra-Ordinary General Meeting (EGM). These resolutions include authorizing the disposal of whole or any part...

Aditya Birla Lifestyle Brands Delivers Third Consecutive Quarter of Double-Digit Revenue Growth, Reports Strong Profitability Aditya Birla Lifestyle Brands Limited (ABLBL) announced its results for the quarter ended June 30, 2026, reporting a sustained trajectory of double-digit revenue growth and improved operational profitability. The company detailed strong performances across its core lifestyle brands and emerging business portfolio, confirming a positive financial start to the fiscal year.The Board of Directors approved the results following the quarterly meeting. ABLBL reported a robust performance, driven by execution quality and disciplined expansion across multiple channels.ABLBL's portfolio includes established lifestyle...

Tourism Titan Silver Storm Completes Successful IPO, Raising ₹82.43 Crore to Fuel Expansion Plans Silver Storm Parks & Resorts Limited has successfully concluded its Initial Public Offering (IPO), marking a significant milestone for one of India's leading tourism enterprise chains. The company raised a total of ₹82.43 crore through the issue, demonstrating strong investor appetite for the leisure and theme park sector in India.IPO Performance Highlights Investor Confidence The IPO saw robust interest across all subscription categories. Non-Institutional Investors (NII) were the most active segment, subscribing at 3.19 times, securing applications worth ₹37.64 crore. The Retail Individual Investor (RII) category also performed...

Indian Terrain Fashions Posts Profitability Turnaround in Q1 FY'27 Amid Revenue Growth Indian Terrain Fashions Limited reported strong revenue growth and a significant turnaround in profitability for the first quarter of Fiscal Year 2027 (Q1 FY'27), despite facing headwinds in consumer sentiment and input costs. The company achieved a positive Profit Before Tax (PBT) of ₹0.14 Cr, up from a loss of ₹6.04 Cr in Q1 FY’26.The results reflect the company’s strategic focus on disciplined growth and operational efficiency across its diversified distribution network.Financial Snapshot for Q1 FY'27 Indian Terrain reported robust financial performance during the quarter ended June 30, 2026. Revenue from Operations reached ₹81.74 Cr, marking...

IBL Finance Limited Completes Private Placement of 48 Non-Convertible Debentures (NCDs) IBL Finance Limited has completed the allotment of Unlisted, Senior, Secured, Unrated, Taxable, Redeemable Non-Convertible Debentures (NCDs) through a private placement. The company allotted 48 NCDs with a face value of Rs. 1,00,000/- each at an issue price of Rs. 1,00,000/-, aggregating to Rs. 48,00,000/.The allotment was approved by the Finance Committee of the company during its meeting on August 1, 2026. Previously, the issuance of the NCDs had been approved by the Board of Directors and subsequently sanctioned by a Special resolution passed at the Annual General Meeting held on July 31, 2026.The debentures were issued under private placement...

Indian Bank Revisions Key Lending Rate Benchmarks Including TBLR and MCLR Indian Bank has revised several key benchmark rates for its lending products, including the Treasury Bills Linked Lending Rates (TBLR), Marginal Cost of Funds based Lending Rate (MCLR), Base Rate, and Benchmark Prime Lending Rate (BPLR). The changes are effective from August 3, 2026.The adjustments were made following a review by the Bank’s Asset Liability Management Committee (ALCO) to ensure updated rates across various loan tenors.Revised Treasury Bills Linked Lending Rates (TBLR) The TBLR revisions address lending facilities based on tenure, showing decreases in some categories. The revised TBLR details are as follows:Sl. No.TenorExisting Rate...

Utkarsh Small Finance Bank Reports Q1 FY2026 Unaudited Results; Net Profit Stands at (3,391.97) Utkarsh Small Finance Bank Limited has disclosed its Unaudited Financial Results for the quarter ended June 30, 2026. The results were approved by the Board of Directors and subjected to a limited review report issued by the Joint Statutory Auditors of the Bank.The bank's performance metrics for the quarter included Total Income of 1,00,237.22 and Operating Profit before Provisions and Contingencies (PPC) standing at 6,356.74. The Net Profit for the period after tax was recorded as a loss of (3,391.97).Key Financial Highlights The bank maintained a Capital Adequacy Ratio (CAR) of 17.44% during the quarter. Gross Non-Performing Assets...