Markets

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...

Seshaasai Technologies Reports Strong Q1FY27, Achieving 21.1% YoY Revenue Growth and 63.8% Rise in PATMumbai, India — Seshaasai Technologies Limited (BSE: 544533; NSE: STYL), a technology-driven solutions company focusing on Payments, Communication, and IoT, announced its Unaudited Financial Results for the First Quarter of Fiscal Year 2027 (Q1FY27), which ended on June 30, 2026. The company reported significant operational gains across all key verticals.The Consolidated results showed Revenue from Operations reaching ₹ 3,764.7 million, reflecting a robust 21.1% growth year-over-year (YoY). Profit After Tax (PAT) saw an even sharper increase, standing at ₹ 603.4 million, which is a 63.8% gain compared to the previous year.The...

Abhishek Integrations Limited Awarded Contract by Airports Authority of India for Dehradun Airport O&M Services Abhishek Integrations Limited has secured a contract from the Airports Authority of India (AAI) for the operation and maintenance of electrical systems at Dehradun Airport. The deal covers comprehensive services for the airport, with a total value of Rs 20,804,976.The contract details the Operation and Maintenance of Electrical Systems/Electrical Installations—Complete System at Dehradun Airport. Abhishek Integrations Limited will provide these critical O&M services over a period of 24 months, commencing on August 1, 2026, and concluding on August 1, 2028.The scope of the work involves maintaining systems that are...

Meesho Announces Quarter Results; Fortifies Subsidiaries, Targets Grocery Expansion Meesho Ltd has announced its unaudited financial results and other corporate developments following the outcome of its Board meeting held on July 23, 2026. The company confirmed significant operational movements, including an investment in its grocery subsidiary and the acquisition of shares in its payments entity to achieve full ownership.The board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.Financial Performance Highlights (Quarter Ended June 30, 2026) Standalone Results: For the quarter ending June 30, 2026, Meesho reported a Total Income of 25,599.43 million INR. The company's total...

H.G. Infra Engineering Limited Transfers Stake in Subsidiary to Neo Infra Income Opportunities FundH.G. Infra Engineering Limited has announced the transfer of its remaining 51% stake in H.G. Raipur Visakhapatnam OD-5 Private Limited, a subsidiary of the company. The transferred stake was acquired by Neo Infra Income Opportunities Fund.The transaction marks a significant change in the corporate structure, as a result of the sale, H.G. Infra Engineering Limited will no longer be the controlling entity for the subsidiary.Following this transfer, the associated entity ceases to be classified as a subsidiary of H.G. Infra Engineering Limited.HGINFRA Stock Price Movement H.G. Infra Engineering Limited shares settled lower today...

Operational Excellence Drives EBITDA Margin Growth for Indosolar Despite Revenue Decline in Q1 FY27 Indosolar Limited, a subsidiary of Waaree Energies Limited, has released its standalone unaudited financial results for the quarter ended on June 30, 2026. The company reported operational challenges reflected in revenue decline while maintaining significant growth in EBITDA margins during a period marked by industry policy transition.The company's performance data highlights variances across key metrics when compared to Q1 FY26. Revenue from Operations stood at ₹ 68.36 Crores, representing a -64.89% change from the ₹ 194.68 Crores recorded in Q1 FY26.Despite the drop in revenue and PAT, EBITDA margin saw considerable improvement due...

Servotech Detects Internal Fraud Involving Inventory Removal and Invoice Forgery; Investigation Underway Servotech Renewable Power System Limited has confirmed the detection of an internal fraud involving its inventory, which also included forgery of company tax invoices. The incident involves two employees in collusion with an external entity, leading the company to initiate criminal action.Management at Servotech stated that the preliminary findings indicate the fraud was carried out over a period of time through the unauthorized removal of the company's physical inventory and the forging of company tax invoices using genuine transaction data.The individuals identified as involved in the fraud are Mr. Gagandeep Rajora, Head of...

Akme Fintrade to Host Board Meeting for Q2 Results; Trading Window Remains Closed until Declaration Akme Fintrade (India) Limited announced plans to hold a meeting of its Board of Directors, during which it will consider and approve the Unaudited Financial Results for the quarter ending June 30, 2026. The company also provided details regarding the continued closure of its trading window for shareholders.The Board meeting is scheduled to take place on Wednesday, July 29, 2026. The primary item for consideration at the meeting is the approval of the Unaudited Financial Results (Standalone) pertaining to the quarter ended June 30, 2026.In continuation of previous communication regarding trading windows, Akme Fintrade confirmed that...

Martin Burn Ltd Sets Board Meeting to Discuss Un-Audited Results for Quarter Ended June 30, 2026 Martin Burn Ltd has announced a forthcoming meeting of its Board of Directors to review and approve the un-audited financial results for the quarter ending June 30, 2026.The Company is scheduled to hold the Board Meeting on Tuesday, July 28, 2026. The purpose of the meeting is to consider and approve the financial performance metrics corresponding to the quarter ended on June 30, 2026.In addition to the board event, Martin Burn Ltd also provided an update regarding its trading window procedures for securities of the Company. The trading window for all Directors and Designated Employees had been closed starting July 1, 2026.The company...

Chirag Negandhi Ceases Role as Senior Management Person at JM Financial Limited JM Financial Limited has announced that Mr. Chirag Negandhi has ceased his role as a Senior Management Person (SMP) of the company. His resignation became effective upon the close of business hours on July 23, 2026.The transition followed the receipt of Mr. Negandhi's resignation letter, dated July 22, 2026. The company acknowledged his departure and thanked him for his service during his tenure.Mr. Negandhi tendered his resignation due to personal reasons.Key details regarding this change in management are summarized below:ParticularDetailsReason for ChangeResignation due to personal reasonsDate of CessationJuly 23, 2026JMFINANCIL Stock...

GHCL Textiles Schedules Earnings Conference Call for Q1 FY27 Results GHCL Textiles Limited has scheduled an Earnings Conference Call to discuss its results for the first quarter of fiscal year 2027 (Q1 FY27). The investor event is set to be hosted by Go India Advisors on Thursday, July 30, 2026.The conference call is scheduled for 4:00 PM IST and will feature senior management from GHCL Textiles Limited.According to the event details, key participants are expected to include R.S. Jalan and Raman Chopra, both Non-Executive Directors. The company's leadership team will also be represented by Marshal Sonavane, Chief Executive Officer, and Parasuraman M, Chief Financial Officer.A summary of the participating GHCL Textiles management...

Campus Activewear Limited Announces 18th Annual General Meeting and Provides Access to FY2025-26 Annual Report Campus Activewear Limited has announced the schedule for its 18th Annual General Meeting (AGM) and provided members with necessary details regarding the Annual Report for the Financial Year 2025-26.The company informed that the 18th AGM of Campus Activewear Limited is scheduled to be held on Thursday, August 20, 2026, at 11:00 A.M. (IST). The meeting will be conducted via Video Conferencing (VC) or other Audio Visual Means (OAVM).Members who require access to the Annual Report for the Financial Year 2025-26 can find complete details on the company’s website. The dedicated link and exact navigation path for accessing the...