Markets

JOJO Ltd Affirms Full Disclosure Regarding Stock Price Movement JOJO Ltd provided a clarification regarding the recent movement in its equity shares following inquiries from the market surveillance department. The company stated that it has been regularly disseminating all material events and information as required by regulatory provisions.The company maintained that there is no unpublished price sensitive information or any impending announcement that could influence the recent stock price movement which has not already been disclosed to the Stock Exchange.JOJO Ltd affirmed that the movement in its securities appears to be purely market driven, and the company was unaware of any specific information or reason contributing to the...

Pan India Corporation Ltd Reports Un-Audited Standalone Financial Results for Quarter Ended June 30, 2026 Pan India Corporation Ltd has released its un-audited standalone financial results for the quarter and three months ended June 30, 2026. The company's results reflect various operational metrics across both the quarter and trailing annual periods, as detailed in the published statements.The financial figures, reported in Rs. in Lakh, are presented below:Financial MetricQuarter Ended 30.06.2026 (Unaudited)Quarter Ended 31.03.2026 (Unaudited)Year Ended 30.06.2025 (Unaudited)Year Ended 31.03.2026 (Audited)Total Revenue (i+ii)0.140.142.091.41Employee Benefit Expense7.477.746.53-Other Expenses3.740.3514.2525.62Total...

Rajoo Engineers Posts Robust Q1 FY27 Results, Driven by Strong Execution and Global Demand Rajoo Engineers Limited, a prominent plastic extrusion machine manufacturer with nearly 39 years of experience in the industry, announced its un-audited financial results for the first quarter of the financial year, 2026-27. The company reported solid performance across key operational metrics, reflecting strong execution and sustained global demand.The consolidated financials show significant growth in revenue from operations for Q1 FY27, alongside improved profitability metrics despite market pressures on input costs.Key Consolidated Financials Snapshot The results presented by the company illustrate a trajectory of consistent growth...

Silgo Retail Board Approves Major Transactions, Related Party Deals and Plans EGM Silgo Retail Limited announced several significant decisions following the meeting of its Board of Directors held on July 24, 2026. The Board approved crucial financial instruments, corporate guarantees, and arrangements related to related party transactions.The company's directors considered and ratified multiple operational and financial decisions during the board meeting. These approvals include the creation of pledges, charges, mortgages, hypothecations, or assignments against the Company’s assets, as well as extending necessary guarantees. The Board also approved providing a corporate guarantee under Section 185 of the Companies Act, 2013, and...

Acutaas Chemicals Reports Strong Q1 FY27 Results with Revenue Up 59.1% and PAT Rising 70.4% Surat, July 24, 2026: Acutaas Chemicals Limited, a global manufacturer of advanced pharmaceutical intermediates and specialty chemicals, announced its consolidated financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), ended June 30, 2026. The company reported significant growth across key metrics, with revenue from operations increasing by 59.1% year-over-year (YoY).The financial performance highlights the company's strong market position and operational agility. Q1 FY27 saw Revenue from Operations stand at Rs. 3,297 million (mn), up 59.1% compared to Q1 FY26, which recorded revenue of Rs. 2,072 mn. Gross Profit reached Rs...

Apsis Aerocom Awarded Purchase Order from International Customer in Defence Segment Apsis Aerocom Limited has secured a purchase order from an international entity within the Defence segment, signaling significant business activity for the company. The contract details and terms relate to specific customer requirements, marking a key development in the company's operational expansion.The purchase order is designated as an international transaction and was awarded in response to specialized customer specifications. This venture does not involve any interest from the promoter or promoter group of Apsis Aerocom Limited, nor would it fall under related party transactions.Key details regarding the contract, including its duration, value...

Ice Make Refrigeration Lands Major Funding from Galilei, Initiates Strategic Joint Venture Ice Make Refrigeration Limited has signed several definitive agreements that mark a significant step in its long-term strategic growth vision, including substantial funding through an equity subscription and the establishment of a major joint venture with Galilei Holdings Co. Ltd.The company announced a comprehensive agreement for capital infusion involving Galilee, a Japan based company listed on the Tokyo Stock Exchange. Under this arrangement, Galilei will subscribe to equity shares in Ice Make for an aggregate amount of approximately INR 1,800 million through a preferential issue. Additionally, Ice Make plans to raise INR 100 million from...

Tax Demand Imposed on Graphite India Ltd Over Alleged Excess Input Credit Availment Graphite India Ltd has faced a tax order concerning the alleged excess availment of input credit, as stated by the Additional Commissioner (Appeals), State Tax, LTU. The order was issued under Section 73 of the CGST/WBGST Act, 2017, and dated July 20, 2026.The regulatory action pertains to the details of an order issued following the alleged contravention related to the excess availment of Input Credit.Financial demands arising from this tax action have been detailed as follows:Type of DemandAmount (IGST+CGST+SGST)TaxRs. 35,98,869InterestRs. 35,52,232PenaltyRs. 3,59,886Graphite India Ltd has reviewed the order and stated that it...

Bharti Airtel Penalized By DoT Over Alleged Violation of Subscriber Verification Norms Bharti Airtel Limited has faced scrutiny from the Department of Telecommunications (DoT) regarding compliance with subscriber verification norms outlined in its License Agreement. The company was issued a notice resulting in a penalty concerning the adherence to these guidelines.The penalty notice, received on July 23, 2026, imposed a fine amounting to Rs. 2,06,000 for an alleged violation of subscriber verification norms. This action stems from a Customer Application Form (CAF) Audit conducted by DoT for May 2026.The Department of Telecommunications, identified as the authority in this matter, noted that under the License Agreement, Bharti Airtel...

ACS Technologies Receives Listing Clearance from BSE for Preferentially Issued Equity Shares ACS Technologies Ltd., formerly known as LN Industries India Limited, has received Listing Approval from the Bombay Stock Exchange (BSE) Limited regarding the listing of a significant number of equity shares.The approval pertains to the listing of 86,95,000 Equity Shares. These shares were issued on a preferential basis to Non-Promoters and are the result of warrant conversions.According to the filing, these shares have a face value of Rs. 10/- each and were issued at a premium of Rs. 21.25/- per share.The details of the listing approval and the associated transaction are summarized below:Financial DetailSpecificationShares for...

SBI Funds Management Falls Below IPO Price; Brokerages Surge Bullish Over Massive Market Penetration Opportunity SBI Funds Management shares traded below its IPO price on Friday, closing at Rs 572 after falling 1%. The decline marked the second consecutive session trading below the initial listing price of Rs 574. However, despite this dip, major brokerages maintain strong optimism regarding the stock's long-term trajectory.The company, recognized as India's largest AMC by QAAUM, had debuted on July 21 at a 7% premium. The IPO itself was highly sought after, generating Rs 9,813 crore in public issues and securing an overall subscription of 41.66 times. Institutional buyers (QIB) drove the primary interest, subscribing at an impressive...

Adani Ports Publishes TNFD Report Highlighting Commitments to Nature and Sustainable Growth Adani Ports and Special Economic Zone Limited has released its inaugural Taskforce on Nature-related Financial Disclosures (TNFD) Report for Fiscal Year 2025-26. The report outlines the company's comprehensive approach to identifying, assessing, and managing nature-related dependencies, impacts, risks, and opportunities across its operations.Prepared in alignment with TNFD Recommendations, the document details Adani Ports’ strategic engagement with natural capital concerns. The initiative reflects the organization’s commitment to integrating environmental stewardship into core business functions.The report underscores a clear nature-positive...

Birla Cotsyn Clarifies Trading Status of Shares Amid Post-IBC RecommencementBirla Cotsyn (India) Ltd has provided clarification regarding the trading status of its equity shares, addressing the classification currently held by stock exchanges following the successful implementation of a Resolution Plan under the Insolvency and Bankruptcy Code (IBC).The company stated that its equity shares are displayed by BSE Limited under the category "Trading Restricted - On account of IRP as per IBC/ Recommencement post IBC IBC Stage-1." Birla Cotsyn sought to clarify the meaning and nature of this categorization for its shareholders and investors.According to the clarification, the classification falls within a surveillance framework...

GP Petroleums Limited Announces Board Outcomes Including Dividend Recommendation and Q1 Financial Results GP Petroleums Limited reported its unaudited financial results for the quarter ended June 30, 2026. The Company also announced a recommendation for a final dividend and made several key appointments concerning its directorial and senior management personnel.The Board of Directors considered and approved the umaudited (standalone and consolidated) financial results along with the Limited Review Report issued by M/s J Mandal & Co. LLP, Statutory Auditors of the Company. The Board also recommended a final dividend of ₹0.50 per equity share, which amounts to 10% of the face value of ₹5/- each, for the financial year ended March 31...

SIDBI Sale of Properties: Assets valued up to Rs 3 Crores offered for Recovery Small Industries Development Bank of India (SIDBI) announced a sale of properties in recovery of dues owed by M/s 7 Seas Laminates Private Limited and other guarantors. The auction was conducted by the Authorized Officer of SIDBI on August 27, 2026, concerning assets secured against a debt of Rs 3,83,81,160.84.The sale pertains to the properties of M/s 7 Seas Laminates Private Limited and several guarantors including Shri Bhaveshbhai A. Patel, Shri Apostleskumar P. Patel, Shri Prakashkumar R. Mistry, Smt Ashaben Bhaveshbhai Patel, Smt Kokilaben Ashokbhai Patel, and Smt Unnatibel Apresnrinar rater tomectors.The auction included both movable and immovable...

Family Care Hospitals Postpones Board Meeting Due to Non-finalization of Quarterly Financial Results Family Care Hospitals Limited has announced the postponement of its scheduled Board of Directors meeting originally set for July 24, 2026. The delay comes due to the non-finalization of the unaudited financial results for the quarter ended June 30, 2026.The Board Meeting, which was initially planned through video conferencing or other audio visual means, was intended to consider and approve the Standalone unaudited financial results along with a limited review report for the specified quarter and other matters.Following the delay in finalizing these results, Family Care Hospitals Limited has revised the date of the Board Meeting. The...

Shiva Mills Ltd Announces Board Meeting for Quarterly Financial Results, Imposes Trading Window Closure Shiva Mills Limited has announced that its Board of Directors will convene a meeting to consider and approve the Unaudited Financial Results for the quarter/3 months ended June 30, 2026. The board meeting is scheduled for Thursday, August 6, 2026.The company also provided details regarding the trading window associated with the declaration of these financial results. As per previous communication from the company dated June 24, 2026, the stock trading for Shiva Mills Ltd will remain closed for a period spanning 48 hours following the announcement of the Unaudited Financial Results.The defined period during which the trading window...

Valley Magnesite Company Ltd Holds Board Meeting to Review Q1 Financial ResultsValley Magnesite Company Ltd has scheduled a Board meeting to consider the company's unaudited financial results for the first quarter ending June 30, 2026. The meeting is set to take place on Tuesday, August 11, 2026.The agenda for the board includes reviewing and approving the Unaudited Financial Results of the Company for the first quarter ended June 30, 2026. Additionally, the directors will address various matters related to the ensuing Annual General Meeting (AGM), including fixing the date for the AGM.In line with the company’s Code of Conduct to regulate and monitor trading by insiders, a declaration has been made regarding market trading. The...

Raasi Refractories Limited Registers Resignation of Secretarial Auditor M/s BPK & Associates Raasi Refractories Limited has received notice regarding the resignation of its Secretarial Auditors, M/s BPK & Associates. The firm tendered its resignation due to pre-occupancy on July 23, 2026.The appointment and subsequent departure details of the auditing firm have been documented by Raasi Refractories. The company received the resignation letter from M/s BPK & Associates, Practicing Company Secretaries, confirming their cessation as secretarial auditors.In response to the change in auditorship, M/s BPK & Associates conveyed no objection for the appointment of any other secretarial Auditor of the company as a replacement.Key details...

Yes Bank Allots Shares Following Exercise of Stock Options; Paid-up Capital Reaches Rs 62,775,204,304 Mumbai: Yes Bank Limited announced the allotment of equity shares subsequent to the exercise of stock options under the YBL ESOS 2020 Scheme and YBL RSU Plan, 2024. The transaction resulted in a direct increase in the bank's paid-up share capital.On July 24, 2026, Yes Bank allotted 276,471 equity shares, each having a face value of Rs 2/-. This allotment was made upon the exercise of stock options associated with the YBL PESOP 2020 Plan and YBL PESOP 2025 Plan, as part of the YBL ESOS 2020 Scheme and YBL RSU Plan, 2024.The realization from the exercise of these stock options totaled Rs 37,71,412.88.The allotment led to an increase...