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Banaras Beads Limited Reports Q1 2026 Financials; Revenue Reaches 936.12 (Rs in Lacs) Banaras Beads Limited, a company established in 1940 and recognized as an Export House by the Government of India, has released its unaudited financial results for the quarter ended June 30, 2026. The results were reviewed and approved by the Board of Directors on July 23, 2026.The company specializes in manufacturing and exporting all kinds of beads, fashion jewelry, and accessories. The consolidated financials reflect the operational performance during the quarter ending June 30, 2026.Q1 Financial Highlights (Quarter Ended 30.06.2026) The key financial metrics for Banaras Beads Limited in the first quarter of the fiscal year are as follows...

IRB InvIT Fund Declares First Distribution of ₹1.625 per Unit as Asset Base Expansion Drives Growth The IRB InvIT Fund announced its first distribution for the financial year 2026-27, driven by strong operational performance and plans for future asset acquisition. The Investment Manager's Board of Directors, during a meeting held on July 23, 2026, declared a total distribution of ₹1.625 per unit to unitholders.The announced distribution is composed of ₹1.00 per unit as interest and ₹0.625 per unit as return of capital, subject to applicable taxes. The Record Date for the payment has been set as July 28, 2026, with the disbursement scheduled on or before August 4, 2026.Financial Results and Operational Update The Trust reported...

Teja Engineering Industries Lists Key Managerial Personnel: Chairman Srinivasa Rao Vakalapudi Leads Management Teja Engineering Industries Limited, formerly known as Teja Engineering Industries Private Limited, has identified and listed its key managerial personnel. The company provided details regarding the senior management team, including the Chairman and Managing Director, Chief Financial Officer (CFO), and Company Secretary and Compliance Officer.The Key Managerial Personnel (KMP) are integral to determining the materiality of corporate events and ensuring dissemination to public platforms as required.The key members and their designations are as follows:NameDesignationSRINIVASARAO VAKALAPUDICHAIRMAN AND MANAGING...

Solara Reports Strong Q1'27 Performance: Achieves Highest EBITDA and PAT in Last 18 Quarters Solara Active Pharma Sciences Ltd has reported resilient operating performance for the first quarter of the financial year 2027 (Q1'27), achieving its highest Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) and Profit After Tax (PAT) in the last eighteen quarters.The overall business demonstrated consistent growth, with revenues reaching INR 3,843 Mn, marking a 20% year-over-year (YoY) increase. EBITDA stood at INR 635 Mn, an increase of 10% YoY, while PAT reached INR 163 Mn, up 55% compared to the previous year's corresponding period.Sandeep Rao, Managing Director and CEO, highlighted that these results reflect...

Aastha Spintex Announces Capital Increase, Bonus Issue and Pivotal Move into Grey Fabric Manufacturing Aastha Spintex Limited has approved significant corporate changes, including a substantial increase in authorized share capital, the recommendation of a final dividend, and the initiation of a bonus issue. Furthermore, the company is strategically advancing its operations by moving up the textile value chain to manufacture grey fabric.The Board of Directors announced these decisions following a meeting held on July 23, 2026.Share Capital Increase and Bonus Issue Details The company has approved altering the Capital Clause (Clause 5) of its Memorandum of Association. The authorized share capital is set to increase from...

PVR INOX Reports Strong Start with Revenue Growth and Net Cash Positive Status for Q1 FY'27 PVR Inox Limited today announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a significant rise in EBITDA and achieved a net cash positive position as of June 30, 2026, following strong performance across operational metrics.The Q1 FY'27 results reflected robust growth, with PVR INOX recording Revenue of INR 16,423 mn, marking a 12% increase year-on-year (YoY). EBITDA surged by 90% YoY to INR 2,296 mn. The company also reported PAT of INR 705 mn, turning the deficit recorded in Q1 FY'26 (INR 335 mn) into a profit.Operational metrics demonstrated strength across the cinema network. Admissions...

Solara Active Pharma Sciences Reports Q1 Results, Reaches Profit Amid Accumulated Losses Solara Active Pharma Sciences Limited has released its unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026. The Board of Directors approved these results following a meeting held on July 23, 2026.The company’s operations focus on the Active Pharmaceutical Ingredient (API) segment. These financial outcomes include both current quarterly performance and detailed comparisons against preceding periods.Consolidated Financial Performance Highlights The consolidated unaudited financial results for Solara Active Pharma Sciences Limited and its subsidiaries reflect a profitable quarter, although management notes...

Kansai Nerolac Paints Allots 64,309 Equity Shares Under RSU Plan 2022 Kansai Nerolac Paints Limited has approved the allotment of equity shares through the exercise of Restricted Stock Units (RSUs). The allotment involves 64,309 fully paid-up equity shares of face value Re. 1 each, issued pursuant to the Kansai Nerolac Paints Limited - Restricted Stock Units Plan, 2022.The Board of Directors of Kansai Nerolac Paints Limited approved this allocation of shares on July 23, 2026. The equity shares allotted under this initiative maintain a face value of Re. 1 each.This issuance contributes to the company's share structure as part of its RSU Plan 2022. Key details regarding the security and post-allotment status are as follows...

Chennai Petroleum reports Q1 results; Revenue from Operations stands at ₹29,358.75 crore Chennai Petroleum Corporation Limited (CPCL), a Government of India Enterprise and Group Company of IOCL, has announced its financial results for the first quarter ended June 30, 2026, both on a standalone and consolidated basis.The company continues to operate solely within the Petroleum Sector segment. The audited results were reviewed and approved by the Board of Directors on July 23, 2026.Standalone Financial Results Overview For the quarter ended June 30, 2026, CPCL recorded Revenue from Operations at ₹29,358.75 crore. The company reported a profit for the period of ₹1,016.67 crore, with total comprehensive income standing at ₹1,011.64...

Cipla Board Approves Change in Status of Head - API Business, Mr Sanjay Joseph Cipla Limited has confirmed changes regarding its senior management personnel following a board meeting held on July 23, 2026. The Board of Directors approved the status change concerning Mr Sanjay Joseph, who serves as the Head of the API Business.Consequent to this approval, Mr Sanjay Joseph will cease to be a Senior Managerial Personnel (SMP) of the Company, effective from July 24, 2026.The update relates to a change in reporting status for Mr Joseph, and no other operational details were provided regarding his role or employment term as per the materials received by the company.Key details pertaining to the personnel change are summarized below...

Ujjivan Small Finance Bank Reports Record Earnings as Net Profit Jumps 207% in Q1FY27 Ujjivan Small Finance Bank Limited has reported a period of resilient performance for the first quarter of financial year 2027 (Q1FY27), highlighted by record earnings. The bank posted a net profit of ₹317 Cr, marking a substantial increase compared to Q1FY26.The financial results reflect strong operational efficiency and stable credit costs across the institution's portfolio. Key profitability indicators saw significant growth in Q1FY27. Net Interest Income (NII) stood at ₹1,186 Cr, up 38.6% year-on-year, while the bank recorded Other Income of ₹257 Cr. Pre Provision Operating Profit (PPoP) reached ₹548 Cr, a 52% increase from ₹360 Cr in Q1FY26...

Ujjivan Small Finance Bank boosts Q1FY27 PAT to ₹317 Crore; Revisions FY27 RoA Guidance Upwards to 1.8%-2.0% Ujjivan Small Finance Bank Limited announced robust financial performance for the quarter ending June 2026, showcasing strong growth across its business segments and improving asset quality. The bank recorded a quarterly Net Interest Income (NII) of ₹1,186 Crore—a record high—and reported a Profit After Tax (PAT) of ₹317 Crore, marking a significant increase year-over-year.The results underscored the bank's expanding footprint and operational efficiency. The bank increased its outlook for FY27, revising its Return on Assets (RoA) guidance upwards to 1.8% to 2.0%.Q1FY27 Financial Highlights Ujjivan Small Finance Bank reported...

Teja Engineering Industries Reports Strong Financial Performance as Net Profit Climbs Teja Engineering Industries Limited (formerly Teja Engineering Industries Private Limited) announced its audited standalone financial results for the half-year ended March 31, 2026, and the full year ending on the same date. The company, which specializes in services related to Testing, Calibration, and O&M, reported solid growth across key operational indicators.The Board of Directors considered and approved the audited financial results for the period on July 23, 2026. These results were released following a period where the company went through its Initial Public Offering (IPO) in July 2026, listing on the SME Emerge platform of NSE on July 7...

Cipla Limited Appoints Dinesh Jain as Global Chief Financial Officer Following Leadership Transition Cipla Limited has announced changes in its senior finance leadership, confirming the transition of Mr. Ashish Adukia and the appointment of Mr. Dinesh Jain as the new Global Chief Financial Officer (CFO). The management change involves Mr. Adukia moving into an internal business leadership role, while Mr. Jain takes over the mantle of CFO and Key Managerial Personnel (KMP).Mr. Ashish Adukia relinquished his position as Global Chief Financial Officer and KMP, effective from the close of business hours on July 23, 2026. The transition marks a shift in the company's financial leadership structure.Cipla Limited appointed Mr. Dinesh Jain...

Makers Laboratories Ltd. Announces Board Meeting for First Quarter Unaudited Financial Results; Insider Trading Window Closed Makers Laboratories Ltd. has scheduled a meeting of its Board of Directors to review and record the Standalone and Consolidated Unaudited Financial Results for the first quarter ended June 30, 2026.The Board meeting is set to take place on Friday, August 7, 2026. During this session, the company will consider and formally document the financial performance results for the first quarter of the financial year 2026-27.In addition to the board meeting notice, the company provided details regarding insider trading restrictions. The window for insiders to trade in Makers Laboratories Ltd. securities has been closed...

Orient Electric Limited appoints new Statutory Auditors after tenure changeOrient Electric Limited has finalized changes regarding its statutory auditing firm following a recent shareholder meeting. Shareholders at the company’s 10th Annual General Meeting (AGM), held on July 22, 2026, approved the appointment of M/s. Price Waterhouse Chartered Accountants LLP as the new Statutory Auditors.The company confirmed that M/s. S. R. Batliboi & Co. LLP has completed their two terms serving as the Statutory Auditors of Orient Electric Limited. This transition took place at the conclusion of the 10th AGM.Following the approval by shareholders, M/s. Price Waterhouse Chartered Accountants LLP will serve as the Statutory Auditors for the...

Zaggle Prepaid Ocean Services Limited Invests Rs 7.96 Crore in Unobanc Private Limited Zaggle Prepaid Ocean Services Limited has completed an investment of Rs 7,96,00,640 into Unobanc Private Limited. The investment was made following a preferential issue on a private placement basis by Unobanc Private Limited.In connection with the said investment, Zaggle Prepaid Ocean Services Limited acquired equity in Unobanc Private Limited. Unobanc Private Limited allotted 62,188 Equity shares to the company. These shares were issued at a face value of Rs 10/- each.As a result of this investment, Zaggle Prepaid Ocean Services Limited now holds a 19.9% equity stake in Unobanc Private Limited.ZAGGLE Stock Price Movement As of 1:17 PM, shares...

Novartis India Ltd Approves Unaudited Financial Results for Quarter Ended June 30, 2026 Novartis India Limited has approved its unaudited financial results and a Limited Review Report for the quarter ending June 30, 2026. The Board of Directors reviewed the financials, which were subjected to limited review by the company's Statutory Auditors and recommended by the Audit Committee.The Statement of Unaudited Financial Results details operational performance across various periods, including the three months ended June 30, 2026. Key financial metrics include:MetricThree Months Ended June 30, 2026Three Months Ended March 31, 2026Revenue from Operations & Other Income1,83.4 (in million)1,000.4 (in million)Changes in Stock-in...

Tarc Ltd States Stock Trading Is Purely Market Driven Regarding Volume Movement Tarc Ltd provided a clarification concerning the movement in volume of its equity shares, stating that the stock trading remains purely market driven. The company clarified that there is no unpublished price sensitive information or pending announcement that requires disclosure to stock exchanges.In addressing observations regarding increased volume, Tarc Ltd affirmed that since the shares are freely traded on Stock Exchanges, the price and volume movements are strictly determined by market forces. Consequently, the Company stated it is not in a position to comment on the increase in volume.TARC Stock Price Movement Shares of TARC Limited are edging...

Novartis India Posts Quarterly Results as Ownership Transition is Announced Novartis India Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company also confirmed details of a major strategic transaction regarding the ownership structure following an agreement signed in February 2026.The company operates within a single segment: the Pharmaceutical Business, generating revenue exclusively from operations within India. For the quarter ending June 30, 2026, one customer contributed R 532.9 million, which represents over 10% of the total revenue from the sale of traded goods.Financial Highlights for Q ended June 30, 2026 The financial results reflect various income and expense streams during...