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MPS Limited announces merger with ADI BPO Services Ltd to streamline operations and enhance growth potential MPS Limited, a listed company engaged in content creation and technology services for educational publishers, has announced a scheme of amalgamation with ADI BPO Services Limited. The proposed integration aims to rationalize the shareholding pattern, simplify the management structure, and enable future expansion opportunities within the consolidated entity.The merger involves the amalgamation of ADI BPO Services Limited (the Transferor Company) into MPS Limited (the Transferee Company). Upon coming into effect of the scheme, all undertakings and businesses of ADI BPO will stand transferred to MPS as a going concern.The Board...

Sri Lotus Developers and Realty Ltd to Hold Board Meeting for Unaudited Q1 ResultsSri Lotus Developers and Realty Ltd., formerly known as AKP Holdings Limited, has scheduled a meeting of its Board of Directors to address key corporate matters, including the consideration of its unaudited financial performance. The board is set to convene on Monday, August 03, 2026, to approve and record the company’s Unaudited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026.In addition to reviewing the quarterly financial results, the company provided an update regarding its insider trading restrictions. The period during which designated persons and their immediate relatives were restricted from dealing in the...

GP Eco Solutions India Secures ₹13 Crore EPC Contract for 4 MW Solar Power Plant Project GP Eco Solutions India Limited has secured an Engineering, Procurement, and Construction (EPC) contract valued at ₹13,00,00,000 from Neelkanth Rolling Mills. The project involves the Design, Engineering, Supply, Installation, Erection, Testing, and Commissioning of a 4 MW Ground Mounted Solar Power Plant, along with an associated 11kV Transmission Line, PSS & GSS Side Bay.The contract was awarded on July 23, 2026. This achievement is noted as part of the company's ongoing efforts to strengthen and scale its presence in the renewable energy sector.The contract details are provided below:DetailInformationClient NameNeelkanth Rolling Mills...

Alkem Laboratories Announces Resignation of Senior Management Personnel Dr. Jitendra Singh Huda Alkem Laboratories Limited has announced that Dr. Jitendra Singh Huda, a member of its senior management personnel, has tendered his resignation from the company. The change is effective as of July 23, 2026.The company accepted the resignation and expressed appreciation for the valuable contribution provided by Dr. Jitendra Singh Huda during his tenure at Alkem Laboratories Limited.As per the details provided regarding this transition in senior management, the following information has been noted:ParticularsDetailsReason for changeResignationCessation DateDr. Jitendra Singh Huda will cease to be Senior Management Personnel...

Invicta Diagnostic Limited Announces Director and Key Managerial Personnel Resignations; MD Appointment to Be Voted On Invicta Diagnostic Limited has announced the resignation of two key members following decisions made concerning their professional commitments and executive duties. Mr. Rohit Prakash Srivastava, a Whole-time Director, along with Ms. Konica Rohit Srivastava, a Manager and Key Managerial Personnel (KMP), tendered their resignations from the Board and managerial roles, respectively.Mr. Prakash Srivastava's resignation from the post of Whole-time Director was submitted as he intends to dedicate his full attention to his executive responsibilities as the Chief Financial Officer (CFO) of the company. Ms. Konica Rohit...

Cipla Grants Stock Options and Employee Stock Appreciation Rights under Two Schemes Cipla Limited has announced grants related to two internal incentive programs: the Employee Stock Option Scheme 2013 A (ESOS 2013-A) and the Cipla Employee Stock Appreciation Rights Scheme 2021 (ESAR 2021). These grants form part of the company's employee stock benefit plans.The board meeting confirmed the details of the allocations across both schemes, specifying the number of options and ESARs granted along with their associated timelines.Details regarding the stock option and ESAR grants are provided below:SchemeType of IncentiveNumber GrantedVesting/Exercise Period DetailsESOS 2013-AStock Options5,5302 years from the grant date; 5 years...

Bata India Limited Announces Board Meeting for Q1 Results and Interim Dividend Consideration Bata India Limited has announced that its Board of Directors will convene a meeting to review the company’s financial performance and consider the declaration of an interim dividend. The meeting is scheduled for Tuesday, August 11, 2026.The primary objectives of the Board Meeting include considering and approving the Unaudited (Standalone and Consolidated) Financial Results for the quarter ended June 30, 2026. Additionally, the board will consider the declaration of an Interim Dividend on Equity Shares for the current financial year ending March 31, 2027, if deemed necessary.The company provided specific details regarding the conditional...

E & E Enterprises Reports FY2025-26 Results as Company Shifts Focus to Real Estate; Announces 85th Annual General Meeting E & E Enterprises Limited, formerly known as The Swastik Safe Deposit and Investments Limited, has released its Annual Report for the financial year ending March 31, 2026. The report details the company's transition from its previous activities to a focus on real estate development and property management.The Directors have recommended a final dividend of Re. 1/- per equity share (representing 10% of the face value) for shareholders eligible as of the record date, which is set for August 11, 2026. The 85th Annual General Meeting (AGM) is scheduled to take place on Tuesday, August 18, 2026, at 11:00 a.m. at its...

Raama Finance Secures INR 5 Crore Term Loan from Mufin Green Finance Limited Raama Finance Ltd has secured a term loan amounting to INR 5.00 Crore from Mufin Green Finance Limited. The agreement was executed on July 22, 2026, with the funds designated for onward lending purposes.The transaction details provide insights into the structure and terms of the financing provided by Mufin Green Finance Limited to Raama Finance Ltd.Loan Details and Terms Raama Finance Ltd has entered into a Term Loan Agreement with Mufin Green Finance Limited. Key aspects of this financial arrangement, which was signed on July 23, 2026, include the loan size, purpose, and security provisions.The details of the agreement are as follows:AspectDetail...

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...