Markets

Capital Small Finance Bank registers 29% year-on-year rise in PAT as advances climb 22% Mumbai, Jalandhar, 23 July 2026: Capital Small Finance Bank Limited announced its unaudited financial results for the quarter ending June 30, 2026 (Q1 FY27), reporting steady progress and improved profitability across its operations. The Bank saw a significant increase in Profit After Tax (PAT) while maintaining robust asset quality metrics across its network.The Bank recorded Gross Advances growing by 22.0% year-on-year (YoY) to ₹9,074 crore. Total Deposits also rose by 16.3% YoY, reaching ₹10,596 crore. In Q1 FY27, the Bank reported a Profit After Tax of ₹41.3 crore, marking a 29.0% increase compared to Q1 FY26, while Pre-Provision Operating...

Orient Cement Reports Quarterly Results and Announces 9.04% Shareholding Acquisition in Vena Energy KN Wind PowerOrient Cement Limited has announced its unaudited financial results for the quarter ended June 30, 2026, alongside details of a significant strategic acquisition in renewable energy. The Board of Directors reviewed and approved these results during a meeting held on July 23, 2026.The company's operations are confined to a single reportable segment: the manufacture and sale of cement, as per Ind AS 108. The financial performance details for the quarter ended June 30, 2026, including income and expense summaries, were made available along with the Limited Review Report issued by Statutory Auditors.Key financial figures...

Rajshree Sugars & Chemicals Limited appoints new Statutory Auditors and reappoints Mr. R. Varadarajan as Wholetime Director Rajshree Sugars & Chemicals Limited announced key appointments following its 40th Annual General Meeting (AGM) held on July 23, 2026. Shareholders approved the appointment of M/s Karthikeyan & Jayaram as Statutory Auditors and the re-appointment of Mr. R. Varadarajan as a Director and Wholetime Director.The company's decision regarding statutory auditing reflects a change in its auditing firm for the next five years, while the AGM solidified the continuity of Mr. Varadarajan’s leadership within the organization.Appointment of Statutory Auditors M/s Karthikeyan & Jayaram has been appointed as the new Statutory...

Trident Limited Appoints Mr. Pardeep Kumar Markanday as CEO of Yarn Division Trident Limited has announced the appointment of Mr. Pardeep Kumar Markanday to a senior leadership position within the company. He has been designated as Chief Executive Officer – Yarn (Punjab and Madhya Pradesh), effective July 23, 2026.Mr. Pardeep Kumar Markanday is appointed as part of the Senior Management Personnel at Trident Limited. The designation recognizes his significant experience in the industry.The appointment comes as Mr. Markanday is described as a distinguished figure within the International Home Textiles market. He possesses an overall experience exceeding 40 years and has been associated with the Trident Group for more than 26 years...

Power Finance Corporation Ltd Board Approves Enhanced Borrowing Limit Up To Rs 9 Lakh Crore and $25 Billion Power Finance Corporation Ltd has approved a proposal allowing it to raise substantially higher amounts of funds from domestic and international markets. The decision, made by the company's Board of Directors during a meeting held on July 23, 2026, enhances the borrowing capacity significantly.The Board granted approval for the company to borrow and raise funds as required for its business operations or when directed by the Ministry or Government of India. This expanded capacity allows Power Finance Corporation Ltd to take on debt exceeding its paid-up capital, free reserves, and securities premium.According to the approved...

KRN Heat Exchanger and Refrigeration's Subsidiary Secures Significant Domestic Order for Heat Exchanger Coils KRN Heat Exchanger and Refrigeration Limited has seen its subsidiary, KRN HVAC Products Private Limited, secure a domestic order for the supply of Heat Exchanger Coils. This business development falls within the normal course of the company's operations.The order details pertain to a single transaction and have been documented by the company. The contract specifies that the estimated delivery period is "As per the order terms."The financial scope of the domestic order is as follows:Financial MetricAmount (INR)Estimated Single Order Value43.11 CroreIGST Component7.76 CroreTotal Amount50.87 CroreThe company...

MBL Infrastructure Ltd. Releases Q1 2026 Financial Results: Revenue Stands at ₹4,497 Lakhs (Standalone) MBL Infrastructure Limited has reported its Unaudited Standalone and Consolidated financial results for the quarter ended June 30, 2026. The company's standalone performance showed Total Income of 4,497 lakhs in the current quarter, while consolidated figures recorded Total Income at 5,719 lakhs.The Board of Directors approved and adopted these unaudited financial results, which were subjected to a Limited Review by Statutory Auditors.Key Financial Highlights (Standalone) MBL Infrastructure Ltd.'s standalone performance metrics for the quarter ended June 30, 2026, as compared against previous periods, are detailed below...

Suryoday Small Finance Bank Approves Q1 Unaudited Financial Results; Profitability and Ratios Announced Suryoday Small Finance Bank Limited released its unaudited financial results for the quarter (Q-1) ended June 30, 2026. The outcomes were reviewed and approved by the Board of Directors during a meeting held on July 23, 2026, following receipt of the Limited Review Report from the Joint Statutory Auditors, M/s Mukund M. Chitale & Co. and M/s Gokhale & Sathe.The results reflect the Bank's operational performance, with key metrics released across income statements, capital adequacy, and asset quality ratios for Q-1 2026 compared to the previous year’s corresponding quarter (Q-1 ended June 30, 2025).Financial Performance Snapshot The...

Blue Dart Express Limited Receives Show Cause Notice Over Alleged ITC Misuse Blue Dart Express Limited has received a Show Cause Notice from tax authorities concerning alleged violations related to Input Tax Credit (ITC) during the financial year 2022-23.The notice was issued by the Assistant Commissioner of State Tax and relates to allegations of excess availment of ITC and under-declaration of Ineligible ITC. The company received the direction on July 22, 2026.The Show Cause Notice has quantified the financial impact across three categories: principal amount, interest, and penalty, related to GST compliance for FY 2022-23.Financial details of the action are as follows:ComponentAmount (INR)Principal (Show Cause Notice)Rs...

Kotak Mahindra Mutual Fund Crosses 5% Holding in South Indian Bank Ltd. Kotak Mahindra Mutual Fund (KMMF) has acquired equity shares of The South Indian Bank Limited (SIBL), surpassing the 5.00% threshold of the issued equity share capital of the bank. KMMF, which operates through its schemes, increased its stake after making acquisitions in the open market.The acquisition details reveal that Kotak Mahindra Mutual Fund is not affiliated with a promoter group within SIBL. The purchase resulted in the fund's total holding increasing from below 5% to over 5% of the bank’s equity share capital.Key figures related to this significant acquisition are detailed as follows:MetricBefore AcquisitionAfter AcquisitionAcquirer Holding...

Hindustan Composites Ltd Reports Q1 Financial Results; Approves Auditor Appointment and Dividend Plan Hindustan Composites Limited announced the approval of its Un-audited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The results were reviewed by the Audit Committee before being released to the market. The company also confirmed the recommendation for a new Secretarial Auditor and provided details regarding the future dividend payment for the financial year ended March 31, 2026.In addition to the financial reporting, the Board of Directors considered several key strategic matters, including the transfer of the company's "Friction Business Undertaking."Financial Performance Highlights The...

Karur Vysya Bank Appoints Ravikumar Sadhana as Chief General Manager of Corporate & Commercial Banking Karur Vysya Bank Limited (KVB) has appointed Shri Ravikumar Sadhana as the new Chief General Manager and Head of Corporate & Commercial Banking. The appointment, effective from July 23, 2026, places him among the Senior Management Personnel and Key Managerial Personnel of the bank.Shri Ravikumar Sadhana was appointed to this senior role following his retirement from State Bank of India (SBI). He joins KVB with extensive experience in banking operations.Details regarding Shri Sadhana’s appointment and professional background are summarized below:DescriptionDetailsReason for ChangeAppointment to the bank.Date of...

Route Mobile Announces First Interim Dividend, Releases Consolidated and Standalone Q1 Financial Results Route Mobile Limited disclosed key outcomes of its Board meeting held on July 23, 2026, including the declaration of a first interim dividend and the release of unaudited financial results for the quarter ended June 30, 2026. The company also provided updates regarding stock options granted to employees.The Company announced the First Interim Dividend amounting to ₹ 4/- per equity share. Shareholders are requested to submit necessary documents by July 29, 2026, as payment is slated to be made within 30 days of the declaration date.Financial Performance Overview The Board of Directors approved the unaudited standalone and...

Prime Securities Limited Reports Consolidated Unaudited Results; Focus Shifts to Trigen Wealth Growth Prime Securities Limited has reported its unaudited consolidated financial results for the quarter, highlighting steady growth in both the number and size of deals within advisory services. The company is actively expanding its wealth management vertical, Trigen Wealth, as part of a strategy to diversify revenue streams away from the episodic nature of investment banking.The results show movement across key profitability metrics compared to the previous quarter (Q4 FY26) and Q1 FY26.Financial MetricCurrent QuarterQ4 FY26Q1 FY26Consolidated RevenuesINR 3,368 lakhsINR 3,078 lakhsINR 4,691 lakhsConsolidated PBT (Pre-Exceptional...

Service Care Limited Acquires Intellectual Property Assets to Strengthen Technology Capabilities Service Care Limited has acquired certain Intellectual Property assets from Dotcod Innovation Private Limited. The acquisition, executed through an Intellectual Property Assignment Deed, is designed to strengthen Service Care Limited's technology capabilities and expand its digital offerings, aligning with the company's strategic growth objectives.The transaction involved the purchase of proprietary rights and intellectual property related to a software platform or application.As per the details provided, the acquisition carried a consideration of ₹18,00,000/- (Rupees Eighteen Lakhs Only). The company confirmed that the transaction does...

Prime Securities Reports Quarterly Results, Posts Turnaround in Profitability Amid Investment Banking Growth Prime Securities Limited has announced its unaudited consolidated financial results for the quarter ended June 30, 2026. The company reported a notable improvement in pre-exceptional profit and net profit after tax (PAT), as it continues to expand its investment banking and wealth management vertical through Prime Trigen Wealth.The operational review of the statements was conducted by independent auditors and approved by the Board of Directors, reflecting the Group’s focus on building annuity revenue streams through franchise businesses like Trigen Wealth, designed to stabilize the often sporadic nature of investment banking...

Bharat Bhushan Finance Announces Q1 Results, Fixes AGM Date and Dividend Timeline Bharat Bhushan Finance & Commodity Brokers Ltd. announced the outcome of its Board of Directors meeting held on July 23, 2026, revealing the unaudited financial results for the quarter ended June 30, 2026. The company also set key dates related to the upcoming Annual General Meeting (AGM) and dividend payment procedures.The Board approved the quarterly financial results and finalized details pertaining to the 34th AGM for the year ended March 31, 2026. The AGM is scheduled for Friday, September 25, 2026, at 12:00 P.M. (IST) and will be conducted via video conferencing or other audio visual means.Key operational timelines established by the Board...

ABD Reports Steady Q1FY27 Performance Driven by Premiumisation and Strategic Investments Allied Blenders and Distillers Limited (ABD), a prominent spirits company in India, has announced its unaudited financial results for the first quarter of FY27. The results indicate steady performance driven by premiumization strategies and ongoing growth investments across domestic and international markets.The Company maintained strong profitability in key areas while strategically expanding its super-premium to luxury portfolio under ABD Maestro.Financial Snapshot: Q1FY27 Results The financial figures for the quarter reflect both standalone and consolidated performance metrics. The data comparison is provided below:Particulars (₹ in...

FSN E-Commerce Ventures Limited Appoints Walker Chandiok & Co LLP as Statutory Auditor for Five Years FSN E-Commerce Ventures Limited has appointed M/s. Walker Chandiok & Co LLP, Chartered Accountants, as the company's new Statutory Auditors. This decision was made following the recommendation of the Audit Committee and is subject to the approval of the Members of the Company.The appointment of M/s. Walker Chandiok & Co LLP carries a term of five consecutive years, beginning from the conclusion of the 14th Annual General Meeting (AGM) and extending until the conclusion of the 19th AGM.Simultaneously, M/s S.R. Batliboi & Associates LLP, the current Statutory Auditor, will continue their service to the company until the...

JTL Defence Ltd. Announces Board Meeting to Approve Financial Results and Provides Trading Window Update JTL Defence Ltd. has scheduled a Board Meeting to review and approve the un-audited financial results for the quarter ending June 30, 2026. The meeting is set for Tuesday, July 28, 2026, and is intended to consider and approve the company's Standalone and Consolidated Un-audited Financial Results.In addition to the board meeting announcement, the company provided an update regarding the trading window for its securities.The trading window for all Promoters, members of the Promoter Group, Directors, Key Managerial Personnel (KMPs), Designated Person(s), connected person(s)/insiders and their immediate relatives is closed. The...