Markets

Lagnam Spintex Approves Unaudited Quarterly Results for Q1 FY2026-27 Lagnam Spintex Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors considered and approved these results during a meeting held on July 30, 2026.The management confirmed that the Unaudited Quarterly Financial Results were taken on record by the Board alongside the Limited Review Report provided by the Statutory Auditors for the same period.The financial statement provides key insights into the company's performance across various quarters. Revenue from Operations for the quarter ended June 30, 2026, stood at 16585.64 (Rs. in Lacs). This figure compares against 17965.02 in the corresponding...

Jost's Engineering Company Announces Board Decisions, Quarterly Results and Key Leadership Re-appointments Jost's Engineering Company Ltd has announced several significant outcomes following its Board of Directors meeting held on July 30, 2026. The decisions include the re-appointment of key management personnel and the release of unaudited financial results for the quarter ended June 30, 2026, both standalone and consolidated.Governance and Management Appointments The Board Meeting confirmed the re-appointments of two senior executives: Mr. Jai Prakash Agarwal as Executive Chairman (Chairman and Whole Time Director) and Mr. Vishal Jain as Managing Director and Chief Executive Officer.Mr. Jai Prakash Agarwal was re-appointed to the...

Vedanta Aluminium Metal Secures Long-Term Renewable Power by Integrating Battery Energy Storage System Vedanta Aluminium Metal Limited (VAML) has approved a strategic project aimed at securing reliable and long-term renewable power supply by integrating a Battery Energy Storage System (BESS). The initiative involves a definitive agreement with Serentica Renewable India 9 Private Limited (SRI9PL) to transition the company’s existing solar power arrangement into a continuous, round-the-clock (RTC) renewable energy solution.The project will utilize an integrated BESS component designed for a capacity of 150 MW RTC and is set up utilizing VAML's existing 600 MW Solar Power Delivery Agreement (PDA). This strategic move supports the...

PNB Housing Finance Recommends Rs 8 Dividend Per Share, Outlines TDS Structure for FY2025-26 PNB Housing Finance Limited has announced a recommendation for a final dividend of Rs 8 per equity share for the financial year ended March 31, 2026. This payment is subject to approval by shareholders at its forthcoming Annual General Meeting (AGM) scheduled for August 17, 2026.The Company notified stakeholders regarding the distribution of this dividend, confirming that as per the Income Tax Act, 2025, any dividend paid or distributed is taxable in the hands of the shareholders. Consequently, PNB Housing Finance Limited is required to deduct Tax Deducted at Source (TDS) from the dividend paid, contingent on shareholder approval at the AGM...

Vedanta Aluminium Posts Stellar Q1 Results: Profit Jumps 205% as Revenue Reaches Record ₹21,105 Crore Mumbai, July 30, 2026 — Vedanta Aluminium Metal Limited (VAML), one of India's leading aluminium producers, announced exceptional unaudited financial results for the quarter ended June 30, 2026. The company delivered a highly robust debut as an independent entity, marked by record-breaking revenue and significant growth in profitability across all segments.The company reported consolidated revenue surging to a historic high of ₹21,105 crore, marking a 45% increase year-on-year (YoY) and a 13% rise quarter-on-quarter (QoQ). EBITDA surged to ₹10,499 crore, up 134% YoY and 24% QoQ. Profit After Tax (PAT) stood at ₹6,597 crore, reflecting...

Caprolactam Chemicals Ltd to Hold Board Meeting to Review Q2026 Unaudited Financial Results Caprolactam Chemicals Ltd has announced that its Board of Directors will convene a meeting to review and approve the Unaudited Financial Results for the quarter ended June 30, 2026.The company confirmed that the Board meeting is scheduled for August 13, 2026. At this gathering, the directors are set to consider and take on record the performance details of the company corresponding to the specified quarter.In addition to the board meeting announcement, the company provided an update regarding its trading window status. The trading in Caprolactam Chemicals Ltd securities has been closed since July 1, 2026. The trading window is stipulated to...

Krishna Capital and Securities Ltd Accepts Executive Director Resignation Krishna Capital and Securities Ltd announced that its Board of Directors accepted the resignation of Mr. Vinodkumar Bhanwer Singh, an Executive Director (Professional Director Category). The decision was formalized during a Board meeting held on July 30, 2026.The company stated that Mr. Singh tendered his resignation due to personal reasons. His departure from the position is effective as of July 30, 2026.The board took note and accepted the resignation. The meeting commenced at 02:00 P.M. and concluded at 02:30 P.M. on that day.Stock Price Movement On Monday, shares of Krishna Capital and Securities Ltd closed down by 4.97%, settling at ₹45.89. The stock...

State Bank of India Raises Rs 4,691 Crore in Additional Tier 1 Bonds State Bank of India has successfully raised additional funding by issuing Non-convertible, Taxable, Perpetual, Unsecured, Fully Paid-up Basel III compliant Additional Tier 1 Bonds. The bond issue, structured as debentures, was completed with a total issue size of Rs 4,691 crore and offered at a coupon rate of 7.75%.The bonds were issued to cater to the bank’s funding requirements. The complete details regarding the issuance and allotment of these instruments have been provided.The key specifications for the Additional Tier 1 Bonds are as follows:ParticularsDetailsIssue SizeRs 4,691 croreCoupon7.75%Issue TypeNon-convertible, Taxable, Perpetual...

Ajanta Pharma Reports Strong Q1 FY2027 Results; Revenue Up 25%, PAT Jumps 31% Ajanta Pharma Limited, a specialty pharmaceutical formulation company, announced excellent performance for the first quarter of the financial year 2027 (Q1 FY 2027) ended June 30, 2026. The company reported substantial growth across its operations, highlighted by robust revenue and profit increases compared to the corresponding period in FY 2026.The Board of Directors approved an interim dividend of Rs. 32 per share for shareholders. This dividend, based on the face value of Rs. 2 per share, is valued at Rs. 400 cr. The record date set for the payment of this interim dividend is Wednesday, August 5, 2026, with disbursement scheduled on or after August 18...

Dhanlaxmi Fabrics Ltd Reschedules Board Meeting to Approve Financial Results; Trading Window Closed Dhanlaxmi Fabrics Ltd has set the date for its board meeting to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and year ended on June 30th, 2026. The gathering is scheduled for Friday, August 14th, 2026, at 5:00 P.M. at the registered office of the company.The meeting aims to review and approve the financial performance metrics related to the quarter and year that concluded on June 30th, 2026.In connection with this event, Dhanlaxmi Fabrics Ltd has instituted a trading window closure period for its securities. Trading in the company’s stocks is closed starting from...

Khyati Global Ventures Cancels Proposed Purchase of Storage Godown in Navi MumbaiKhyati Global Ventures Ltd, which was formerly known as Khyati Advisory Services Limited, has cancelled the proposed purchase of a godown intended for its expanding operations.The Board of Directors of the company confirmed that it will not be proceeding with the acquisition of the property located at Mahape MIDC in Navi Mumbai. This facility was earmarked to serve as an additional storage and logistics center to support the company's growing business needs.The decision to cancel the proposed transaction comes after commercial and business considerations were reviewed by the Board. This cancellation relates to a potential purchase that had previously...

Jasch Industries Reports Standalone Results for Quarter Ended June 30, 2026 Jasch Industries Limited has announced its Unaudited Standalone Financial Results for the quarter ended on June 30, 2026. The results provide insights into the company's operational performance across various segments during the recent period.The financial figures for Jasch Industries Ltd., presented in Rs. in lakh, reflect a robust performance across both the current and prior periods.Financial Performance Highlights (Standalone) Key metrics including total income, expenses, and profit before tax have been recorded as follows:ParticularsQuarter Ended 30.06.26 (Unaudited)Quarter Ended 31.03.26 (Audited)Quarter Ended 30.06.25 (Unaudited)Year Ended...

Vedanta Aluminium Metal Ltd Announces Interim Dividend and Approves Employee Stock Option and Share Purchase Plans Vedanta Aluminium Metal Limited (VAML) announced the approval of its First Interim Dividend for the Financial Year 2026-27, alongside sanctioning two comprehensive incentive schemes for its employees: the VAML ESOP 2026 and the VAML ESPP 2026. These decisions were made by the company’s Board of Directors during a meeting held on Thursday, July 30, 2026.The Board approved an interim dividend of ₹8 per equity share against a face value of ₹1 per equity share for FY 2026-27. This dividend is valued at approximately ₹3,128.55 Crores. The record date set for the payment of this interim dividend is Wednesday, August 05, 2026...

Market Turmoil: Sensex and Nifty Fall as Profit Booking Meets Geopolitical Tensions Equity Benchmarks Trade Lower Amid Profit Taking and Global Instability Indian equity benchmarks, the Sensex and Nifty 50, saw a pullback from their daily highs, trading in the red following a strong performance in the preceding session. The decline was attributed to profit booking across sectors, combined with escalating geopolitical tensions in the Middle East.At 2:26 pm, the Sensex stood at 77,597.51, reflecting a fall of 57.09 points or 0.07%. Concurrently, the Nifty registered a decline of 9.70 points or 0.04%, settling at 24,240.50. In terms of share activity, 1,344 shares were noted as advancing, while 2,463 declined and 149 remained unchanged...

Southern Magnesium & Chemicals Ltd. Board Meeting Scheduled to Approve Q1 Financial Results and AGM Details Southern Magnesium & Chemicals Ltd. has scheduled a meeting of its Board of Directors to review key operational milestones, including the unaudited financial results for the quarter ending June 30, 2026. The company also intends to finalize details relating to its upcoming Annual General Meeting (AGM).The Board meeting is set to take place on Friday, August 07, 2026, at the Company’s Registered Office located in Hyderabad.Key items slated for consideration and approval during the meeting include the Unaudited Financial Results of the Company for the quarter ended June 30, 2026. Furthermore, the agenda covers several crucial...

Vedanta Aluminium Metal Ltd Releases Q1 Financial Results; Consolidated Revenue Stands at 21,105 Crore Vedanta Aluminium Metal Limited (VAML) has released its Unaudited Consolidated and Standalone Financial Results for the first quarter ended June 30, 2026. The results show the company maintaining strong operational performance across both consolidated and standalone entities, as the Group incorporated the financial data of Bharat Aluminium Company Limited (BALCO).The Board of Directors reviewed and approved these financials during its meeting held on July 30, 2026.Financial Performance Overview Consolidated results show total revenue from operations reaching 21,105 Crore. Total income for the quarter stood at 21,702 Crore, despite...

Dharani Finance Board Meeting Scheduled to Review Q1 2026 Un-audited Financial Results Dharani Finance Limited has scheduled a meeting of its Board of Directors to review and approve the un-audited financial results for the quarter ended June 30, 2026. The meeting is set to take place on Monday, August 10, 2026.The board meeting is slated to consider and ratify the company’s performance during the first quarter of the fiscal year.In addition to the Board meeting announcement, the company has provided an update regarding the trading window for its securities. The trading period for dealing in the securities of Dharani Finance Limited was closed starting July 1, 2026. This closure will remain effective until 48 hours following the...

RBI Unleashes Massive $7 Billion Dollar Intervention to Halt Rupee's Freefall Amid Global Currency Pressure Reserve Bank of India Consolidates Defence Against Rupee Weakness The Reserve Bank of India (RBI) executed a significant intervention in foreign exchange markets last Friday, selling approximately $7 billion. This move represented one of the largest direct currency defense actions by the central bank in recent memory.Sources familiar with the matter indicated that the RBI intervened across both onshore and offshore markets to stabilize the rupee. The action was taken as the Indian currency approached its record low levels.Following Friday’s major intervention, the RBI continued its dollar sales over the subsequent two...

Jumbo Bag Ltd Announces Q2 FY2026 Results: Revenue and Profit Detailed in ₹Lakhs Jumbo Bag Ltd, a certified company specializing in ISO 22000, 9001, and BRCGS standards, has reported its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these financials along with the Limited Review Report for the period.The company's consolidated results reflect operational performance across its two primary business segments: the manufacture of flexible intermediate bulk container packaging material and the trading of polymers.Financial Highlights (Consolidated) For the quarter ended June 30, 2026, total revenue stood at 4,313.80 units (the unit is implied by comparison to prior periods, matching...

Nexus Select Trust Holds Fourth Annual Meeting; Approves Financial Statements and Valuation Report The Unitholders of Nexus Select Trust conducted their Fourth Annual Meeting (AM) on July 29, 2026. The meeting, held via Video Conferencing (VC)/Other AudioVisual Means (OAVM), saw attendance from numerous directors and senior management personnel as the Trust reviewed its performance for the financial year ended March 31, 2026.The AM commenced at 02:00 P.M. IST and concluded at 02.47 P.M. IST. The meeting was facilitated virtually from a venue in Vikhroli West, Mumbai. A total of 42 Unitholders attended the AM, representing 65,75,23,083 units, which constituted 43.40% of the Trust's total voting power.The meeting featured several key...