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SMS Pharmaceuticals Ltd Announces Q1 Financial Results and Reappoints Managing Director for Five Years SMS Pharmaceuticals Limited released its standalone and consolidated unaudited financial results for the first quarter ended June 30, 2026, following approval by the Board of Directors on July 31, 2026. The company also announced key governance decisions, including the re-appointment of Mr. Ramesh Babu Potluri as Chairman and Managing Director (Promoter and Executive).The results for the quarter highlight the company's operational status, while board meetings established crucial timelines for the upcoming Annual General Meeting (AGM).Q1 Financial Performance Highlights The unaudited financial results for the standalone segment were...

Greaves Electric Mobility Cancels IPO Offer Due to Rights Issue Plans Greaves Cotton Limited has informed that its material subsidiary, Greaves Electric Mobility Limited (GEML), will not be proceeding with its planned Initial Public Offering (IPO). The decision follows GEML’s undertaking of a rights issue aimed at funding future operational and expansion requirements.The intimation on July 31, 2026, confirmed that GEML would halt the Offer after the validity period of the SEBI Final Observations lapsed.In order to support planned business initiatives, growth investments, expansion priorities, and associated capital expenditure requirements, Greaves Electric Mobility Limited is undertaking a rights issue. In view of this proposed...

Bajaj Finance Approves Reappointment of Independent Director; Rajiv Bajaj Steps Down from Board Bajaj Finance Limited announced key decisions regarding its board composition following the 39th Annual General Meeting held on July 30, 2026. The meeting resulted in the approval of a second term for an Independent Director and the resignation of Non-Executive Director, Rajiv Bajaj.Members approved the re-appointment of Pramit Jhaveri as an Independent Director of the Company. This appointment is not liable to retire by rotation and covers a second consecutive term of five years. The terms of office for Mr. Jhaveri commence from August 1, 2026, and will conclude on July 31, 2031.Additionally, Rajiv Bajaj, who serves as a Non-Executive...

Hindustan Zinc Limited Announces Completion of Tenure of CEO & Whole-time Director Arun Misra Hindustan Zinc Limited has confirmed the completion of tenure for its Chief Executive Officer and Whole-time Director, Mr. Arun Misra. The company stated that Mr. Misra will cease his duties as CEO and Whole-time Director effective from July 31, 2026.The Board of Directors and the management of Hindustan Zinc Limited expressed their sincere appreciation for the exemplary leadership, valuable guidance, and significant contributions provided by Mr. Arun Misra during his time with the company. The directors also extended best wishes to him for continued success and future endeavors.Details regarding this change in leadership status are...

Ganesh Infraworld Reports Strong Q1 FY27 Results, Driven by Water Infrastructure Growth Ganesh Infraworld Limited, an integrated engineering, procurement, and construction (EPC) company established in 2017, has reported robust financial results for the first quarter of FY27, ended June 30, 2026. The company's performance highlights significant growth across revenue and profitability, with its Water Infrastructure vertical playing a key role in margin expansion.The company's Q1 FY27 consolidated financial highlights include:Revenue: ₹ 378.77 crore (a 109.7% increase year-on-year) EBITDA: ₹ 59.72 crore, resulting in a margin of 15.8% Profit After Tax (PAT): ₹ 29.71 crore, with a PAT margin of 7.8% Order Book: ₹ 4,090.25 crore as of...

ICICI Bank Reappoints Executive Director for Two Years Following RBI Approval ICICI Bank Limited has confirmed the re-appointment of Mr. Ajay Kumar Gupta as an Executive Director, a decision following approval from the Reserve Bank of India (RBI). The appointment covers a period of two years and is set to take effect starting November 27, 2026.The Board of ICICI Bank had previously unanimously approved the re-appointment of Mr. Ajay Kumar Gupta for an additional two years. The intended term runs from November 27, 2026, until November 26, 2028.As of July 31, 2026, RBI has approved the re-appointment of Mr. Ajay Kumar Gupta for the two-year period, effective from November 27, 2026. The re-appointment remains subject to the...

Blue Dart Express Limited Appoints New Independent Directors Rajat Kumar Jain and Avijit Mukerji Blue Dart Express Limited has announced the appointment of two individuals, Mr. Rajat Kumar Jain and Mr. Avijit Mukerji, as Independent Directors on its Board of Directors. The appointments were recommended by the Nomination & Remuneration Committee and subsequently approved by the Board of Directors during a meeting held on July 31, 2026.Both Mr. Jain and Mr. Mukerji have been appointed for a term of five years, with their tenure running from September 23, 2026, until September 22, 2031. The appointments are subject to the approval of the Shareholders at the ensuing Annual General Meeting.Profiles of New Independent Directors Mr. Rajat...

ITC Limited Reports Unaudited Financial Results for Quarter Ended June 30, 2026 ITC Limited has released its unaudited financial results for the quarter ending June 30, 2026, detailing performance across both standalone and consolidated entities. The results reflect the company's focus on FMCG, Paperboards, and Agri Business segments, while also noting strategic acquisitions in recent months.The Board of Directors approved the unaudited financial results and segment-wise revenue reports for the quarter. The Company’s operations remain focused on its three core business groups: FMCG, Paperboards, Paper & Packaging, and Agri Business.Key Financial Highlights (in Crores) ITC reported strong performance in key revenue areas across both...

Cemindia Projects Initiates Arbitration Against Inland Waterways Authority over Haldia Terminal Project Cemindia Projects Limited, formerly ITD Cementation India Limited, has initiated arbitration proceedings against the Inland Waterways Authority of India regarding a dispute stemming from a project contract awarded by the Ministry of Shipping.The company had entered into a contract with the Inland Waterways Authority of India for the Engineering, Procurement, and Construction of a multi-modal IWT Terminal at Haldia, West Bengal. Due to disputes arising between Cemindia Projects Limited and the Client, the company moved to arbitration after initiating proceedings via a letter dated June 18, 2026.The Arbitration Tribunal was...

JITF Infralogistics Announces 19th Annual General Meeting Date and E-Voting Details JITF Infralogistics Limited has set the date for its 19th Annual General Meeting, providing detailed information regarding the shareholder voting process and the schedule for the company's board meeting.The shareholders of JITF Infralogistics are informed that the 19th Annual General Meeting will be held on Tuesday, September 1, 2026, at 12:30 P.M. The meeting is scheduled to transact business as specified in the official notice provided to all shareholders.The company has also outlined a comprehensive electronic voting (e-voting) facility for all stakeholders holding shares, whether physical or demat mode, as of the cutoff date, August 25, 2026. The...

Jupiter Life Line Hospitals Reports Q1 FY27 Results as it Outlines Major Expansion Strategy Jupiter Life Line Hospitals Limited has reported its consolidated financial results for the first quarter of the fiscal year 2027 (Q1FY27), while simultaneously detailing an aggressive expansion plan aimed at scaling its bed capacity from 1,700 to 2,900. The company provided insights into operational performance and strategic investments supporting future growth.Consolidated Financial Performance Highlights The consolidated Profit & Loss statement shows key movement across major revenue streams and costs for Q1FY27 compared to previous periods.In terms of profitability metrics:Revenue from Operations stood at 392.6 Rs Crs, marking a 16.2%...

Aarti Drugs Limited Announces Financial Results for Quarter Ended June 30, 2026 Aarti Drugs Limited has announced the audited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors considered and approved these results during a meeting held on July 31, 2026.The company maintains a single business segment in pharmaceuticals. Statutory Auditors have carried out an audit of the standalone financial results for the quarter ended June 30, 2026, expressing an unmodified audit opinion.Standalone Financial Performance Highlights Key operational and financial figures for Aarti Drugs Limited (Standalone) are presented below, with all amounts except for other income stated in lakhs...

Rajgor Castor Derivatives Clarifies Stock Price Movement Amid Market Volatility Rajgor Castor Derivatives Limited has addressed concerns regarding significant movements in its security's price across exchanges. The company stated that it continues to comply with all regulatory obligations and has provided timely and transparent disclosures concerning the stock performance.In addressing the recent volatility, Rajgor Castor Derivatives maintained that it has not withheld any material information or event that could affect the price or volume behavior of its shares. Management confirmed that they will continue to keep stock exchanges informed about any sensitive price-related information as needed.The company further submitted that the...

Rail Vikas Nigam Limited Names Senior Management Change as Executive Director Ceases Role Due to Superannuation Rail Vikas Nigam Limited (RVNL) has announced a change in its senior management following the departure of an Executive Director due to superannuation. Shri Vegi Ramu Naidu, who holds the position of Executive Director (Civil), was relieved from the services of the company on July 31, 2026.The cessation of his duties means that Shri Vegi Ramu Naidu will no longer be a part of RVNL's Senior Management effective from August 1, 2026.The details regarding this personnel change have been structured as follows:ParticularsDetailsNameShri Vegi Ramu NaiduReason for ChangeRelieved from services due to superannuationDate...

Oil India Limited Announces Senior Management Change as ED & CEO Superannuates Oil India Limited, a Maharatna CPSE operating under the Government of India, has announced a change in its senior management structure. Shri Jyoti Prakash Paramananda Das has superannuated from his services with the company.Shri Das held the position of Executive Director and CEO (Arunachal Gas Private Limited), placing him within the Senior Management of Oil India Limited, which is defined as one level below the Board of Directors.The transition took effect after the close of working hours on July 31, 2026. The company confirmed that he has superannuated from his services.OIL Stock Price Movement Today, shares of Oil India Limited edged higher...

Gufic Biosciences Limited Re-appoints Mr. Pankaj Jayakumar Gandhi as Whole Time Director for Five Years Gufic Biosciences Limited has confirmed the re-appointment of Mr. Pankaj Jayakumar Gandhi as a Whole Time Director of the company. The decision was reached following the Board of Directors meeting held on July 31, 2026.The re-appointment covers a further term of five years for Mr. Gandhi. His tenure is effective from September 07, 2026, and extends until September 06, 2031 (both days inclusive). The appointment is subject to the approval of shareholders at the ensuing 42nd Annual General Meeting of Gufic Biosciences Limited.Mr. Pankaj Jayakumar Gandhi has been confirmed as not being debarred from holding the office of Director by...

Senior Leadership Transitions at State Bank of India as Management Restructures Roles and Welcomes New CFO State Bank of India has announced changes in its senior management team, detailing superannuations, new appointments, and the upcoming transition of its Chief Financial Officer.Effective July 31, 2026, two senior executives are set to retire from their posts. These individuals include Shri Ashok Kumar Sharma, Deputy Managing Director & Chief Credit Officer and Chief Sustainability Officer, and Shri Kameshwar Rao Kodavanti, who served as Chief Financial Officer.The bank has also detailed new responsibilities assigned to its existing leadership team. As part of the organizational shift, Shri Satyendra Kumar Singh will take on the...

Sasken Technologies Reports 24% Year-on-Year Revenue Growth in Q1 FY27; Services Drive Performance Sasken Technologies Ltd., a global provider of product engineering and digital transformation services, announced its financial results for the quarter ended June 30, 2026. Consolidated revenue saw significant growth, rising 24.0% year-on-year to ₹ 339.24 crores, reflecting resilient performance across its business units.The company reported a consolidated Profit After Tax (PAT) of ₹ 23.52 crores for Q1 FY27, achieving a PAT margin of 6.9%. This results follow steady sequential revenue growth of 1.6% compared to the previous quarter. Consolidated EBIT for the period stood at ₹ 21.34 crores, marking a strong increase of 289.8%...

Powerica Limited Signs Power Purchase Agreement for 100 MW Wind Project with GUVNL Powerica Limited has secured a significant strategic contract, signing a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). This agreement pertains to the development and operation of a 100 MW Wind power project located in the state of Gujarat.The PPA establishes the terms under which Powerica will procure electricity from its wind power venture, collaborating with GUVNL. The contract details outline the scope, duration, and financial parameters of this domestic energy procurement.Key Terms of the Agreement Powerica Limited has finalized the agreement to procure power for 25 years from the 100 MW Wind Power Project in...

Subsidiary Initiates Arbitration for Recovery of Rs 130 Crore from Vendor Dish TV India Limited is reporting that its subsidiary, Dish Infra Services Private Limited (DISPL), has initiated arbitration proceedings against a vendor regarding the recovery of dues. The action was commenced on July 31, 2026.The litigation centers on advanced amounts provided by DISPL to DCPlay Distribution Private Limited ('DCPlay'). These advances relate to the procurement of used and refurbished Set Top Boxes (STBs) and associated services. Following a failure by DCPlay to comply with the agreed terms, DISPL has initiated arbitration proceedings for recovery or refund amounting to Rs 130 Crore, along with applicable interest.The details concerning the...