Markets

Sundaram Finance Reports Exercise of Stock Options Under ESOP Grant 15 Sundaram Finance Limited has detailed the exercise of stock options granted under its Employee Stock Option Scheme, relating to Grant 15 of the scheme. The details pertain to the conversion of stock options into equity shares for employees.The exercise involved two distinct instances pertaining to the same grant type, covering different exercise dates in July 2026.Details regarding the Exercise of Stock Options are as follows:GrantDate of GrantExercise DateNo. of Option HoldersNo. of Options1526.05.202327th July 20261201526.05.202328th July 2026140The options were granted under the Sundaram Finance Employee Stock Option Scheme - 2008 (SFESOS)...

Honeywell Automation India’s FY25-26 Highlights Show Revenue Growth Amid Strategic Shift to Autonomy Honeywell Automation India Limited (HAIL) reported key performance metrics for Fiscal Year 2025-26, noting a 12% year-over-year increase in revenue. The company continues to focus on transforming its portfolio towards enabling the shift toward trusted Industrial AI across critical sectors in India, while significantly investing in community skill development and sustainable practices.The results were presented at the company's 42nd Annual General Meeting held on July 29, 2026. Mr. Atul Vinayak Pai, Managing Director of the Company, made a presentation detailing the operational landscape and strategic direction. The company has also...

Lumax Auto Technologies Announces 45th AGM Details and Dividend Record Date for FY2025-26 Lumax Auto Technologies Limited has announced key dates related to its 45th Annual General Meeting (AGM) and set the record date for shareholders eligible for a dividend on Equity Shares for the Financial Year 2025-26.The company confirmed that the 45th AGM of its members is scheduled to be held on Wednesday, August 26, 2026, at 11:00 A.M. (IST). The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).The Integrated Annual Report for the Financial Year 2025-26, which includes the Notice of the AGM and the necessary Financial Statements, Board’s Report, Auditors’ Report, Business Responsibility and...

Chalet Hotels Reports Quarterly Results; Confirms Auditor Appointment and Strong Debt Security Chalet Hotels Limited has released its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, following the approval of the Board of Directors. The company also announced a key strategic appointment regarding its statutory audit firm.The Board meeting held on July 29, 2026, confirmed the interim performance metrics across all operating segments while appointing M/s Deloitte Haskins & Sells Chartered Accountants LLP as Statutory Auditors for a term of five consecutive financial years, commencing from the conclusion of the Annual General Meeting (AGM) for FY 2026-27 until the AGM for FY 2031-32...

EFC (I) Limited Releases Quarterly Results: Standalone and Consolidated Performance Highlights EFC (I) Limited today announced its unaudited financial results for the quarter ended June 30, 2026. The company reported key figures across both standalone operations and consolidated group performance. These results were reviewed by the Statutory Auditors, M/s. Mehra Goel & Co. LLP.Standalone Financial Results (EFC (I) Limited) The standalone results for EFC (I) Limited showed Total Income of 10,217.69 lakhs in the quarter ended June 30, 2026. Revenue from operations stood at 9,856.68 lakhs, supported by Other income totaling 361.01 lakhs.The company recorded total expenses amounting to 8,518.58 lakhs for the period. The Profit Before...

NTPC Group Capacity Reaches 91,080 MW Following COD Declaration of Solar Component in Rajasthan NTPC Limited has reported an operational milestone following its subsidiary, NTPC Green Energy Limited (NGEL), declared the Commercial Operation Date (COD) for a third-party solar capacity component within a project in Rajasthan. This achievement contributes significantly to the renewable energy expansion efforts of the group.The COD declaration pertains to 50 MW of Solar Capacity, which forms part of a cumulative 150 MW Solar component under a 100 MW RE Round The Clock (RTC) project located in Rajasthan. The operational status was declared effective from 00:00 hrs on July 31, 2026.In line with this operational update, the NTPC group has...

EFC (I) Limited Reports Q1 Results Amid Board Approval of Strategic Alterations and Rights Issue EFC (I) Limited announced the outcome of its Board meeting held on July 29, 2026, confirming the approval of unaudited financial results for the quarter ended June 30, 2026. The Board also reviewed changes to the Memorandum of Association and took note of the withdrawal of a previous Scheme of Arrangement (Demerger).The company reported significant performance across its standalone and consolidated operations.Financial Performance Snapshot The unaudited standalone results for EFC (I) Limited showed a Total Income of 10,217.69 lakhs for the quarter ended June 30, 2026. The total expenses were recorded at 8,518.58 lakhs, resulting in a...

Agreement Signed Between NBCC and Govt of Seychelles for 1008 Affordable Housing Project NBCC (India) Limited has signed a formal agreement with the Government of the Republic of Seychelles to undertake the construction of the Ile Aurore Housing Project, which includes 1008 affordable housing units and associated infrastructure. This project is set to enhance urban living standards in Seychelles.The agreement was formalized on July 29, 2026, in Seychelles. The contract was signed by Mr. Joseph Francois, Secretary or State and Lands, Housing and Infrastructure of the Government of the Republic of Seychelles, and Mr. Pradeep Shanna, Executive Director (Engg.) of NBCC.The Ile Aurore Housing Project involves the construction of 1008...

NCLT Directs Shareholder Meetings for ACC and Ambuja Cements Amalgamation Scheme The National Company Law Tribunal (NCLT) has directed both ACC Limited and Ambuja Cements Limited to convene separate meetings of their equity shareholders concerning the proposed Scheme of Amalgamation. The rulings set the stage for the continuation of the merger process, emphasizing the financial standing and operational rationale behind the consolidation of the two companies.The order, pronounced on July 29, 2026, mandated specific timelines for both entities to consider and approve the amalgamation scheme.Key Directives and Timelines The NCLT has set separate meeting dates for the equity shareholders of the merging and receiving companies:ACC...

Boss Packaging Solutions Limited Approves Share Capital Increase and Prefential Warrant Issue Boss Packaging Solutions Limited, a manufacturer and exporter of packaging machinery for various industries including beverages, cosmetics, food, and pharmaceuticals, announced several key corporate developments following its Board meeting held on July 29, 2026. The board approved significant updates to the company’s authorized share capital structure and planned the issuance of convertible warrants to the Promoter Group to raise funds.The Board approved an increase in the Company's Authorized Share Capital from Rs. 5,00,00,000, comprising 50,00,000 equity shares valued at Rs. 10.00 each, to Rs. 6,00,00,000, which will be divided into...

Chemfab Alkalis Limited Reports Q1 Results; Board Approves New Statutory Auditor Appointment Chemfab Alkalis Limited has released its unaudited financial results for the quarter ended June 30, 2026, alongside a limited review report prepared by Deloitte Haskins & Sells LLP. The company's Board of Directors reviewed and approved these results on July 29, 2026. Additionally, the Board meeting addressed the appointment of M/s. M S K A & Associates LLP as the Statutory Auditor for the first term of five consecutive years, pending shareholder approval at the forthcoming Annual General Meeting (AGM).Financial Performance Snapshot: Standalone Results The company’s standalone financial performance for the three months ended June 30, 2026, saw...

Waaree Energies Reports Strong Q1 FY27 Results; Revenue Surges 79.22% YoY as Order Book Reaches ₹61,500 Crore Waaree Energies Limited reported robust financial performance for the quarter ended June 30, 2026, announcing a significant surge in revenue and expanding its order book substantially through strategic business development and operational efficiency. The company's results reflect the momentum gained by its evolving "Waaree 2.0" strategy, transitioning the entity into a diversified energy transition enterprise.Q1 FY27 Financial Performance Snapshot The financial results for Q1 FY27 showed substantial year-over-year growth across key metrics. Revenue from Operations reached ₹7,931.79 Crores, marking a 79.22% increase compared to...

Marc Technocrats Limited Awarded Project for Punjab Road Maintenance Marc Technocrats Limited has secured a new contract involving road monitoring and financial auditing work in District Pathankot. The project involves serving as Third Party Techno Financial Auditors for the Dunera Saliali Lehroon Gall road, spanning KM 0.00 to 12.00 KM in District Pathankot.The order was awarded by PWD B&R (Punjab) and pertains to the construction supervision and overall monitoring of the specified route. The contract stipulates that Marc Technocrats Limited will oversee the work for a total period encompassing a one year defect Liability period followed by a four-year maintenance period.Key details regarding the contracted work are provided below...

Systematix Corporate Services Limited invests in wholly owned subsidiary via rights issue Systematix Corporate Services Limited has completed an investment in its Wholly Owned Subsidiary, Systematix Wealth & Asset Services Private Limited (SWASPL), through a subscription to a rights issue. The transaction involved a cash consideration of Rs. 2,50,00,000 by subscribing 25,00,000 equity shares of the subsidiary, each with a face value of Rs. 10/- and issued at par.SWASPL, which was formerly known as Systematix Wealth & Asset Management Private Limited and Systematix Ventures Private Limited, is currently focused on carrying the business of Alternative Investment Funds, Wealth Management, and distribution services for various financial...

HEG Limited Shareholders Urged to Dematerialize Shares Ahead of Graphite Business Allotment Shareholders of HEG Limited have received urgent communication regarding the Composite Scheme of Arrangement, which involves the demerger of the Graphite Business from the Company. Physical shareholders are being advised to update their KYC details and dematerialize their shares before the designated Record Date to ensure seamless credit of equity in the Resulting Company, HEG Graphite Limited.The scheme encompasses HEG Limited (the Company), HEG Graphite Limited (Resulting Company), and Bhilwara Energy Limited (Transferor Company). Under the terms of the Scheme, the Graphite Business of HEG Limited will be demerged into the Resulting Company...

Marc Technocrats Limited Awarded Project as Third Party Techno Financial Auditor for PWD B&R (Punjab) Marc Technocrats Limited (MTL) has been awarded a new project by PWD B&R (Punjab). The contract involves MTL serving as the Third Party Techno Financial Auditors for a specific road network within District Pathankot.The project focuses on the work related to Shahpur Kandi KM Pathankot Shahpur Kandi Road and Bani Lodhi Kotli of road in District Pathankot. The scope also includes construction supervision, 0&M monitoring, and defect liability management.The contract is a domestic order from PWD B&R (Punjab). MTL was awarded the mandate to serve as Third Party Techno Financial Auditors for this project.Key details regarding the...

Happy Square Outsourcing Services Reports Strong Q1 FY27 Performance Driven by High Growth and Secured Order Book Happy Square Outsourcing Services Limited, operating under its brand White Force, has demonstrated robust performance in the first quarter of fiscal year 2026-27 (Q1 FY27). The integrated HR outsourcing and staffing solutions provider recorded significant revenue growth while expanding its operational footprint across various key sectors.White Force offers a comprehensive range of workforce solutions, including temporary and permanent staffing, payroll management, compliance services, and recruitment. The company maintains a strong Pan-India presence and operates the digital job platform, white-force.com, which hosts over...

Star Health Reports ₹550 Crores PAT in Q1 FY27 as Underwriting Profit Soars to ₹111 Crores Star Health and Allied Insurance Company Limited, India's largest standalone health insurer, announced robust financial results for the quarter ending June 30, 2026 (Q1 FY27). The company posted a Profit After Tax (PAT) of ₹550 Crores, marking a 25% year-on-year increase. Underwriting Profit saw a sharp rise, reaching ₹111 Crores compared to ₹16 Crores in the corresponding period of Q1 FY26.The strong performance was attributed to healthy premium growth, sustained operating efficiencies, and disciplined underwriting practices across the organization.Key Financial and Operational Highlights (Q1 FY27) During the quarter, Star Health recorded...

Route Connect Completes Acquisition of AI-Led Omnichannel Business from Heltar Technologies Route Mobile Limited announced that it has successfully completed the acquisition of the AI-led Omnichannel Business Undertaking from Heltar Technologies Private Limited. The acquisition was executed via a slump sale on a going concern basis, involving Route Connect Private Limited, a wholly owned subsidiary of the company.The business transfer agreement (BTA) dated July 13, 2026, outlined the transaction. According to the announcement, all condition precedents stipulated under the BTA have been fulfilled or waived, leading to the successful conclusion of the acquisition on July 29, 2026.With effect from the close of business hours on July...

MTAR Technologies Reports Highest Ever Revenue in Q1 FY27; Achieves Significant YoY Growth Across Key Metrics Hyderabad: MTAR Technologies Ltd, a manufacturer specializing in mission critical precision engineered systems, has announced its unaudited consolidated financial results for the First quarter of Financial Year 2027 (Q1 FY27). The company reported exceptionally high performance, noting a significant increase in revenues and EBITDA.MTAR, which caters to the Clean Energy Civil Nuclear Power Fuel Cells Hydel and Aerospace and Defence sectors, saw its Revenue from Operations climb substantially compared to the previous year. The results confirm the company's continued growth trajectory across various business verticals.Financial...