Markets

Bank of India Reports Q1 FY27 Results with Net Profit After Tax Bank of India has announced its Unaudited Financial Results for the quarter ended June 30, 2026. The results reflect a net profit after tax from ordinary activities and provide insights into the bank’s operational segments and risk management indicators.Consolidated Financial Highlights For the consolidated operations, Bank of India reported Net Profit / (Loss) from Ordinary Activities after tax amounting to 3,08,776 Lakh. The institution generated a total income of 9,05,262 Lakh, against which it recorded total expenses of 4,11,745 Lakh.The performance metrics for the consolidated operations show that the Bank achieved a profitability ratio of 22.24% and a net profit...

Bank of India Posts Q1 FY27 Results: Net Profit Rises 36.23% as Asset Quality Improves Bank of India has reported significant growth in profitability and operational efficiency for the first quarter of the fiscal year 2027, ending June 30, 2026. The bank saw a sharp increase in net profit and improved key asset quality metrics across its global and domestic portfolios.The bank recorded Net Profit of ₹ 3,068 Crore for Q1 FY27, marking a 36.23% year-on-year (YoY) improvement from the ₹ 2,252 Crore reported in Q1 FY26. Operating Profit increased by 25.99% YoY to stand at ₹ 5,051 Crore. Furthermore, the Cost to Income Ratio (CIR) saw a substantial improvement of 498 basis points (bps), settling at 46.33%.Key Financial Highlights and...

Hitachi Energy India Schedules Board Meeting and Analyst Call for Q1 FY27 Results Review Hitachi Energy India Ltd has announced plans to hold a meeting of its Board of Directors and host an Analyst Conference Call to discuss the unaudited financial results and operational performance for the first quarter of Fiscal Year 2027.The meeting is scheduled for Friday, August 7, 2026. The agenda includes considering and approving the un audited financial results of the company for the quarter ended June 30, 2026.In addition to the Board meeting, Hitachi Energy India will host an Investor/Analysts conference call on the same day, Friday, August 7, 2026. The call is scheduled from 5:30 PM to 6:30 PM IST, providing a platform for management to...

Rane Holdings Secures 'In-Principle' Approval for Preferential Issue of Convertible Warrants to Promoters Rane Holdings Limited has received 'in-principle' approval from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) regarding its plan for a preferential issue of convertible warrants. The issuance is targeted at the company’s Promoters.The warrants, which carry a face value of Rs. 10 each, have been approved as part of the company's capital restructuring plans. These convertible warrants are set to be converted into equity shares with a minimum price of Rs. 1183.32 per share.Rane Holdings Limited secured these preliminary approvals from the exchanges following shareholder and Board-level approval...

Viji Finance Ltd Allots 145 Lakh Equity Shares Upon Warrant Conversion Viji Finance Ltd has allotted 1,45,00,000 equity shares of Re. 1/- each following the conversion of warrants held by four non-promoter warrant holders. The allotment was finalized at a meeting on July 24, 2026.The equity shares were issued at an issue price of Rs. 2.80/- per share, which includes a premium of Rs. 1.80/- per share. The current tranche of the conversion represented payment of the balance 75% of the issue price, amounting to Rs. 2.10/- per warrant and aggregating to Rs. 3,04,50,000/- (Rupees Three Crore Four Lakhs Fifty Thousand only).The allotment details for these four non-promoter investors are as follows:S. NoName of the AllotteeWarrants...

RBI Extends Key Operational Directives for Sonpeth Nagari Sahakari Bank Amid Regulatory Scrutiny The Reserve Bank of India (RBI) has extended crucial operational directions concerning Sonpeth Nagari Sahakari Bank Maryadit. This decision extends the mandated period by three months, setting a new compliance deadline in light of ongoing regulatory monitoring. The announcement highlights the RBI's commitment to ensuring institutional adherence to banking regulations under Section 35A read with Section 56 of the Banking Regulation Act, 1949.Mandate Extension for Sonpeth Nagari Sahakari Bank The extension concerns the operational directives issued to the bank, located in Sonpeth, Dist. Parbhani, Maharashtra. Previously, the directive was...

Bank of India Posts Strong Q1 Results, Reporting Net Profit of 3,30,258 Lakh in Consolidated Segment Bank of India has released its Unaudited Financial Results for the first quarter ending June 30, 2026. The results indicate solid performance across both standalone and consolidated entities. The Bank recorded a net profit of 3,30,258 lakh in the consolidated segment, while the standalone entity reported a net profit of 3,06,790 lakh for the quarter.The reviewed financial statements encompass data from domestic and international operations, providing insights into the Group's overall health and operational efficiency.Financial Highlights (Consolidated) Bank of India achieved a Total Income of 22,71,228 lakh in the consolidated...

SBI Cards Reports Q2 Results: Total Income Rises to ₹5,205.36 Crores; Impairment Provision Reviewed SBI Cards and Payment Services Ltd has announced its unaudited financial results for the quarter ended June 30, 2026, following approval by the Board of Directors. The company recorded a significant increase in Total Income for the quarter.The consolidated results show varied performance across various income streams during the period. For the quarter ended June 30, 2026, total revenue from operations stood at ₹5,040.55 Crores. This figure comprises interest income of ₹2,420.63 Crores and fees and commission income amounting to ₹2,405.54 Crores. Sale of services contributed ₹9.72 Crores to the operational revenue.The company reported...

Antariksh Industries Reports Unaudited Financial Results for Q1 FY27; Announces Auditor Appointments Antariksh Industries Ltd. released its unaudited financial results for the quarter ended June 30, 2026, alongside key decisions made by its Board of Directors regarding the appointment of statutory and secretarial auditors. The company reported varied performance across key metrics during the period.The Board meeting, held on July 24, 2026, approved the unaudited financial results for the quarter ended June 30, 2026, accompanied by a Limited Review Report from the statutory auditors. In addition to reviewing these results, the board formalized critical appointments aimed at ensuring corporate governance and compliance.Auditor...

Tuni Textile Mills Announces Board Meeting to Review Q1 Un-Audited Financial Results for FY27 Tuni Textile Mills Ltd has scheduled a meeting of its Board of Directors to consider and approve the Un-Audited Financial Results for the first quarter ended on June 30, 2026. The results pertain to the Financial Year ending March 31, 2027.The board meeting is set to take place on Wednesday, August 12, 2026. Members of the company are being informed regarding this review session concerning their financial performance for the quarter.Stock Price Movement On Friday, Tuni Textile Mills Ltd. shares settled at ₹1.03, recording no change after the close of trade. During the day, shares ranged between a low of ₹1.00 and a high of ₹1.04.

Regulatory Scrutiny Intensifies: SEBI Reviews Over 30 Major IPO Draft Offer Documents As Market Awaits Green Signal The Securities and Exchange Board of India (SEBI) is conducting rigorous scrutiny over the market’s capital raising pipeline. As of July 24, 2026, the regulatory body continues to process a substantial volume of draft offer documents filed by unlisted companies seeking an Initial Public Offer (IPO). These filings span diverse sectors, from technology and infrastructure to consumer goods.The processing of these drafts is governed by the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Issuers rely on merchant bankers, who correspond with SEBI on their behalf throughout this intricate regulatory...

SEBI Cracks Down: Major Front Running Scheme Uncovered at Axis Mutual Fund; Penalties Imposed Against 21 Entities The Securities and Exchange Board of India (SEBI) has delivered a definitive Final Order in the high-profile case concerning front running trades related to the Axis Mutual Fund (Big Client). The order, issued on July 24, 2026, concludes that a sophisticated scheme existed where key personnel within the mutual fund—specifically Mr. Viresh Joshi—systematically leaked Non-Public Information (NPI) to external conspirators.The investigation concluded with SEBI finding a strong preponderance of probability that this organized fraud led to significant unlawful gains in the market. The order targets 21 entities, including the...

Trustwave Securities Appoints New Internal and Secretarial Auditors for Financial Years 2025-26 and 2026-27 Trustwave Securities Limited, formerly known as Sterling Guaranty & Finance Limited, announced the appointment of new auditors following a Board meeting held on July 24, 2026. The Board approved appointments for both an Internal Auditor and a Secretarial Auditor for the financial years 2025-26 and 2026-27.Regarding internal audit functions, the Board Directors approved M/s Akash Prajapati and Company, Chartered Accountants, to serve as the Internal Auditors of Trustwave Securities Limited. The appointment, effective from July 24, 2026, covers both the financial year 2025-26 and 2026-27.M/s Akash Prajapati and Company is a firm...

Rishi Techtex Announces Board Meeting to Review Un-Audited Financial Results for First Quarter Rishi Techtex Ltd has scheduled a meeting of its Board of Directors to review the company's performance during the first quarter of the fiscal year. The board is set to meet on Wednesday, July 29, 2026.The primary purpose of the meeting will be to consider and approve the Un-Audited Financial Results of the company for the quarter that concluded on June 30, 2026.In parallel with the results review, Rishi Techtex noted the trading restrictions concerning its securities. The trading window for dealing in the company's stocks has been closed since July 1, 2026. This restricted period will remain active until July 31, 2026, which is specified...

SBI Cards and Payment Services Reports Q1 FY27 Results: Profit After Tax Increases 20% Year-on-Year The Board of Directors of SBI Cards and Payment Services Limited approved the company's financial results for the Quarter ended June 30, 2026, during a meeting held on Friday, July 24, 2026. The results show growth across key metrics, with Profit After Tax (PAT) rising by 20%.Financial and Operational Highlights Q1 FY27 SBI Cards reported total revenue of 5,205 Cr in the first quarter of fiscal year 2027, marking a 3% increase compared to 5,035 Cr in Q1 FY26. The company's Profit After Tax stood at 664 Cr in Q1 FY27, up from 556 Cr in the corresponding period last year.Key performance indicators for Q1 FY27 included:Return on...

Neueon Corporation Enters Procurement Partnership with Elcom Innovations; Agreement Valued at ₹35 Crores Neueon Corporation Limited has signed a Procurement Partnership/MOU agreement with Elcom Innovations Private Limited. The partnership, formalized on July 24, 2025, pertains to the supply of tactical communication equipment and solutions and the procurement of raw materials.The agreement outlines terms for Neueon's procurement operations, covering both domestic entities. This strategic move involves a significant commitment of approximately ₹ 35,00,00,000/- (Rupees Thirty-five crores Only) across various tranches, exclusive of tax.In the partnership structure, Elcom Innovations Private Limited is the entity awarding the orders to...

U.Y. Fincorp Limited Appoints New Internal and Statutory Auditors U.Y. Fincorp Ltd, formerly known as Golden'Goenka Fincorp Limited, confirmed the appointment of new chartered accountants during a Board meeting held on July 24, 2026. The company moved to appoint both an internal auditor and statutory auditors to fill casual vacancies following resignations by previously appointed firms.The Board meeting considered and approved the engagement of M/s Seth and Associates as the Internal Auditor for the company. This appointment is set to begin on July 24, 2026, for the financial year 2026-27. The selection was made based on the recommendation of the Audit Committee and fills a vacancy caused by the resignation of M/s R K Lodha &...

Indo Rama Synthetics to Hold Board Meeting to Approve Q2 Financial ResultsIndo Rama Synthetics (India) Ltd has scheduled a meeting of its Board of Directors to review and approve the Un-audited Standalone and Consolidated Financial Results for the quarter ended 30th June 2026. The board meeting is set to take place on Wednesday, 29th July 2026.The primary agenda item for the directors includes considering and approving these financial outcomes for the specified quarter.In addition to the corporate governance meeting, the company has also provided an update regarding trading restrictions for its designated persons. The trading window for dealing with the securities of Indo Rama Synthetics will remain closed from 1st July 2026...

Quess Corp Announces 19th AGM Details and Fixes Record Date for Final Dividend Payment Quess Corp Ltd has announced key dates related to its 19th Annual General Meeting (AGM) and provided details regarding the final dividend payment for the Financial Year ended March 31, 2026.The company confirmed that its 19th AGM will be held via Video Conference/Other Audio-Visual Means (VC/OAVM) on Tuesday, August 25, 2026, at 03:30 P.M. (IST).Dividend Recommendation and Record DateThe Board of Directors had met on May 04, 2026, and recommended a final dividend for the Financial Year ended March 31, 2026. This dividend is set at ₹ 3 per equity share, representing 30% of the face value of ₹ 10 each.The Record Date, which determines...

Hindustan Zinc Limited Announces CEO Appointment and Releases Q1 Financial Results Hindustan Zinc Limited (HZL) has approved the appointment of Mr. Amarendu Prakash as Chief Executive Officer and Whole-time Director, effective August 1, 2026. The announcement comes alongside the release of HZL’s unaudited consolidated and standalone financial results for the quarter ended June 30, 2026.The appointments were made following a Board meeting held on July 24, 2026. Mr. Prakash will serve as a member of several key committees within the company, including the Sustainability & ESG Committee, Stakeholders Relationship Committee, Committee of Directors, and Project Committee, effective August 1, 2026.The Company’s Board also approved the...