Markets

3i Infotech Secures INR 6.32 Crore One-Year Renewal for DMS Helpdesk Services from Domestic Two-Wheeler Manufacturer 3i Infotech Limited has received a purchase order for the renewal of its DMS Helpdesk Services from a leading domestic two-wheeler manufacturer. The contract, which covers one year, amounts to INR 6.32 crore, exclusive of applicable taxes.The services involve the renewal and associated operational support related to DMS Helpdesk across approximately 2000 pan-India customer and dealer locations.The purchase order was received by 3i Infotech on July 21, 2026. The contract is set for a duration of 12 months.Key details regarding the service renewal are summarized below:ParticularsDetailsClient TypeA leading...

Sahana System Limited Shareholders Approve Bonus Issue, Capital Increase and Director Appointments Sahana System Limited announced that its shareholders passed several key resolutions during a postal ballot conducted via remote e-voting on July 23, 2026. The approved items included an increase in authorized share capital, approval for the issuance of bonus shares, and critical changes related to the company's stock listing migration and board appointments.The shareholder meeting confirmed that the resolutions were duly passed, covering major structural adjustments and operational milestones for the company.Key resolutions passed by shareholders include:Capital Structure: An Ordinary Resolution approving the increase in Authorized...

Akums' Subsidiary Acquires Oriflame India Manufacturing Business, Valued at INR 56 Crore Akums Drugs and Pharmaceuticals Limited is expanding its operational footprint into cosmetics after its wholly-owned subsidiary approved the acquisition of manufacturing assets from Oriflame India Private Limited. The transaction, finalized by the company's board on July 23, 2026, involves acquiring core production capabilities across multiple locations in India for a total consideration of INR 56 Crore.Pure and Cure Healthcare Private Limited, the subsidiary of Akums, will take over two manufacturing plants situated in Roorkee, Uttarakhand, and Noida, Uttar Pradesh. The acquisition package also includes a leased warehouse located in Noida.This...

Sahana System Limited Announces Bonus Equity Share Allotment Details Sahana System Limited has announced the details regarding the allotment of bonus equity shares, setting a specific record date for eligible shareholders. The company is issuing one fully paid-up equity share for every five existing equity shares held by members as on the record date.The Record Date for determining shareholder eligibility was fixed as Friday, July 31, 2026.According to the details provided regarding this bonus issue, the deemed date of allotment was Monday, August 03, 2026. The total number of bonus equity shares allocated is 17,67,421 Equity Shares.The new bonus shares will be available for trading starting from Tuesday, August 04, 2026.The...

Mphasis Reports Q1 FY27 Results: Revenue Climbs 3.3% QoQ; Total Contract Wins Reach USD 461 Million Mphasis Limited, a global AI-led technology solutions provider, announced its financial results for the quarter ended June 30, 2026. The company reported strong growth in revenue and noted significant TCV wins across major industry verticals.The board of directors approved the audited standalone and consolidated financial results at its meeting held on July 23, 2026, alongside the Auditor's Reports issued by M/s B S R & Co. LLP.Financial Performance Highlights For the quarter ended June 30, 2026, revenue grew by 1.8% sequentially in constant currency and 7.7% year over year (YoY) in USD terms, while reported revenue increased by 3.3%...

Max India Limited Allots Equity Shares Following Conversion of Warrants; Paid-Up Capital Reaches Rs 56.20 Crore Max India Limited has completed a significant capital transaction, announcing the allotment of equity shares following the conversion of Fully Convertible Warrants. The board of directors approved this move on July 23, 2026, substantially increasing the company's paid-up share capital.The Company allotted 36,19,594 Equity Shares at an issue price of Rs 222 per equity share. This allotment was made at a premium of Rs 212 per share and generated an aggregate amount of Rs 80,35,49,868/- on a preferential basis.The shares were allocated to various entities and individuals. The recipients included Max Ventures Investment...

Narayana Hrudayalaya Reports on Sustainability, Achieving 39.08% Renewable Energy Mix and Focusing on Social Impact in FY25-26 Narayana Hrudayalaya Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, detailing its operational scope, environmental commitments, and social impact initiatives. The report underscores the company's commitment to sustainable healthcare delivery while outlining significant milestones in energy transition and community support.The BRSR was independently assured by SGS India Private Limited, which conducted a Reasonable level of Assurance for the Core Indicators.Business Operations and Scale Narayana Hrudayalaya operates across both domestic and...

ACME Solar operationalizes 3.62 GWh Battery Energy Storage System projects in Rajasthan ACME Solar Holdings Limited has achieved a significant milestone in renewable energy storage, announcing that its operational BESS capacity now stands at approximately 3.62 GWh across three project sites located in Rajasthan. This achievement positions the company as one of the fastest scaling entities in the Indian Battery Energy Storage System (BESS) market, enhancing grid stability and supporting the shift toward reliable, round-the-clock renewable power generation.The company reported that through its various subsidiaries, ACME Solar commissioned approximately 2.29 GWh of BESS capacity during the current financial year to date. This addition...

Indiabulls Reports Strong Q1 FY27 Results with 36.7% PAT Margin and Zero Net Debt Status Indiabulls Limited, which operates across Real Estate and Financial Services, announced its financial and operational results for the first quarter of FY27, demonstrating continued growth while maintaining a zero-debt balance sheet.The company approved a preferential capital raise totaling ₹ 1,000.07 Cr to fund its growth pipeline exclusively through equity. In this financing, promoters committed ₹ 709 Cr, representing approximately 71% of the total raised amount. With these funds, net debt remains zero, and proceeds are designated for land acquisition, construction of the FY27 launch pipeline, and general corporate purposes.Financial...

Sai Silks Announces Schedule for Analyst and Investor Meetings Sai Silks (Kalamandir) Limited has set the schedule for meetings with investors and analysts, detailing how and when its officials will be interacting with stakeholders. The company stated that during these sessions, there will be no discussion of any unpublished price sensitive information.The scheduled interaction is designed to provide opportunities for the Company’s representatives to engage with institutional investors and analysts.Details regarding the upcoming meeting are as follows:Date & DayTimeMode of InteractionType of InteractionJuly 28, 2026 Tuesday3.00 P.M.VirtualOne to OneSai Silks (Kalamandir) Limited has noted that the scheduled meeting is...

Veerhealth Care Secures New Sample Order Worth 76.40 Lakhs from Leading FMCG Giant Veerhealth Care Limited, a rapidly growing listed company specializing in Ayurvedic and cosmetic formulation manufacturing, has received a new sample order worth approximately 76.40 lakhs from one of India's prominent FMCG companies for skincare products.The agreement involves the manufacture of these skincare items, which are scheduled to be launched under a specific new MRP structure designed for brand promotion and market expansion. The delivery timeframe for this initial sample order is set at 45 days.The client is identified as a leading FMCG company operating in both domestic and international markets within the personal and household care...

Aurobindo Pharma Subsidiary Acquires 80% Stake in A1 Biochem Group to Build CRDMO Platform Apitoria Pharma Private Limited, a wholly owned subsidiary of Aurobindo Pharma Limited, has approved the acquisition of an 80% stake in the Contract Research Services business of the A1 Biochem Group. The transaction, valued at an enterprise value of USD 17 million on a debt-free and cash-free basis, aims to bolster the Company's presence in the life cycle of Active Pharmaceutical Ingredients (API).The acquisition targets the CRO business of the A1 Biochem Group, which provides high-quality chemistry services to pharmaceutical companies, biotechs, and academic institutions. These services include custom synthesis, medicinal chemistry, route...

Go Digit Reports Key Financial Metrics for Q1 FY27, Highlighting Profitability Discipline Go Digit General Insurance Ltd has released its financial results for the quarter ended June 30, 2026 (Q1 FY27). The company continues to operate as a leading digital full stack insurance firm, providing customized products across various non-life segments.The Q1 FY27 results show continued focus on profitability within market conditions described as soft. Furthermore, the company stands out as one of the first multi-line insurers to declare results adhering to Ind AS standards, as prescribed by IRDAI.Operational and Profitability Highlights For the quarter ended June 30, 2026 (Q1 FY27), Go Digit reported key operational figures reflective of a...

Railtel Corporation Secures Major Railway Signaling Order Worth Rs 32 Crore from North Central Railway Railtel Corporation of India Limited has secured a significant contract from the North Central Railway (NCR) for improving track circuits and associated signaling work across various stations. The order is critical for enhancing railway reliability in the region.The Letter of Acceptance (LoA) was received by Railtel on July 23, 2026. This domestic order pertains to railway signaling and involves providing MSDAC in parallel of existing DCTC alongside other associated works.The project scope covers work at 14 stations within the ALJN-DER section of Prayagraj Division. The company has been awarded the contract with an estimated size...

Medplus Health Services Limited Publishes Business Responsibility and Sustainability Report for FY 2025-26 Medplus Health Services Limited, a major player in India's retail pharmacy sector, has released its comprehensive Business Responsibility and Sustainability Report (BRSR) covering the Financial Year 2025-26. The report details the company’s operational scale, commitment to corporate governance, workforce welfare, and environmental stewardship.The company, established on November 30, 2006, operates nationwide and maintains a significant retail footprint. Medplus Health Services Limited reports that it has 5714 locations across 14 states, with 5 plants operating nationally. The reported paid-up capital stands at 240.11 million...

IFB Industries Reschedules Board Meeting to Discuss Q2 Financial Results IFB Industries Ltd has announced that it has rescheduled its board meeting intended to approve the unaudited financial results for the quarter ending June 30, 2026. The company also confirmed the closure of the trading window regarding its securities.Due to unavoidable circumstances, the Board Meeting, which was previously set for Tuesday, July 28, 2026, has been moved. The meeting will now be held on Thursday, August 6, 2026, to consider and approve both the unaudited standalone and consolidated financial results of the company for the quarter ended June 30, 2026.The management of IFB Industries provided details regarding the trading window in compliance with...

Ramco Systems Posts Q1 FY26-27 Results: Revenue Stands at USD 18.61m Ramco Systems Limited, a global enterprise software company specializing in next-generation SaaS-enabled platforms, announced its financial results for the first quarter of the financial year 2026-27 (Q1). The consolidated income for the quarter ended June 30, 2026, was USD 18.61m (Rs. 174.96cr), while the company recorded a net profit after tax of USD 0.06m (Rs. 0.6cr).The results demonstrate steady performance across key operational metrics. Recurring revenue reached USD 12.15m, and the Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter stood at USD 2.94m. The company also reported a figure of 152.3m, providing visibility into...

Allied Blenders and Distillers Ltd Announces Changes in Senior Management PersonnelAllied Blenders and Distillers Limited has announced changes concerning its senior management personnel following a recent Board meeting, confirming organizational adjustments within the Group structure. The changes involve both the designation of Mr. Bikram Basu and the classification change for Dr. Pradipta Basu.Effective July 31, 2026, Dr. Pradipta Basu will cease to be classified as a Senior Management Personnel (SMP) of the Company. This transition is attributed to the appointment of Mr. Bikram Basu into a new leadership role and the consequent change in reporting structure. Despite this classification adjustment, Dr. Pradipta Basu will continue...

Gujarat Alkalies and Chemicals Limited reports highest-ever quarterly revenue for Q1 FY2026-27; EBITDA rises by 83% Gujarat Alkalies and Chemicals Limited (GACL) reported significant operational success for the first quarter of the fiscal year 2026-27. The company achieved its highest ever quarterly sales revenue, coupled with a substantial rise in EBITDA, driven by product mix optimization and expansion into new export markets.The Board of Directors approved GACL's unaudited financial results for the quarter ended on June 30, 2026, on both standalone and consolidated bases.As shared by Smt. Avantika Singh, Managing Director of the company, the first quarter of FY 2026-27 showed marked improvements across key metrics:Financial...

Indiabulls Reports Strong Q1 Performance; Boosts GDV to ₹23,608 Cr in Real Estate Portfolio Indiabulls Limited announced its earnings update for the quarter ended June 30, 2026, detailing operational performance across its real estate and financial services segments. The company has updated its Gross Development Value (GDV) across its projects to ₹23,608 crore, leveraging a significant focus on growth without leverage in its core development business.Financial Snapshot for Q1 FY27 The financial results highlight the company's profitability and strong balance sheet health. In the first quarter of fiscal year 2027 (Q1FY27), Indiabulls recorded a net profit (PAT) margin of 36.7%, which is noted among the highest-margin listed developers...