Markets

Kalyan Jewellers Records 38% Revenue Growth in Q1 FY2026-2027 Amid Strong India Operations and Digital Growth Kalyan Jewellers India Ltd has reported significant consolidated revenue growth, recording an increase of approximately 38% for the quarter ending June 30, 2026, compared to the corresponding period in the previous financial year. The company also highlighted robust momentum across its digital platform and international markets.The domestic operations in India demonstrated exceptional performance, achieving a revenue growth exceeding 38%. This strong growth was attributed to healthy same store sales across key markets nationwide, despite the recent quarter encompassing the Adhik Maas period. During this time, which is...

Smartworks Coworking Spaces Completes Acquisition of Singapore-Based WorkStudio Spaces Pte. Ltd. Smartworks Coworking Spaces Limited has successfully completed the acquisition of WorkStudio Spaces Pte. Ltd., a company based in Singapore. The acquisition, which was initiated previously, concluded on July 06, 2026, with a total consideration of 2.47 Million SGD. Following this transaction, WorkStudio Spaces Pte. Ltd. has become a Step Down Subsidiary of the Company.The acquisition involved Smartworks Space Pte. Ltd., a wholly owned subsidiary of Smartworks Coworking Spaces Limited. The target entity, WorkStudio Spaces Pte. Ltd., is established in Singapore and operates in the flex space provider industry, offering flexible workspace...

Smartworks Coworking Spaces Completes Capacity Addition Following Singapore Acquisition Smartworks Coworking Spaces Limited has announced the completion of its capacity addition, following the acquisition of WorkStudio Spaces Pte. Ltd. by Smartworks Space Pte. Ltd., a wholly-owned subsidiary of the company. The completed expansion contributes to strengthening Smartworks' operational footprint in the key international business hub of Singapore.The capacity increase was finalized on July 06, 2026. This strategic move involves adding approximately 26,000 Sq Ft through the acquisition of WorkStudio Spaces Pte. Ltd. by the subsidiary. Since this expansion was conducted through an acquisition by the wholly-owned entity, no investment or...

Smartworks Completes Acquisition of Singapore-Based Workstudio Spaces, Boosts Portfolio Size and Client Base Smartworks Coworking Spaces Limited has successfully completed the acquisition of Workstudio Spaces Pte. Ltd., a Singapore based coworking and flexible workspace provider. The deal, executed through Smartworks Space Pte. Ltd., strengthens Smartworks’ presence within the enterprise workspace market in Singapore and expands its portfolio in one of Asia's key business hubs.The integration of Workstudio into the Smartworks network has expanded the company's Singapore operations to four centers. This move increases the company's footprint to approximately 76,000 sq. ft., supporting a seating capacity exceeding 1,500 employees...

Embassy Developments Approves Massive Increase in Non-Convertible Debenture Issue Size through Private Placement Embassy Developments Limited, formerly Equinox India Developments Limited, has approved a significant increase in the issuance size for its non-convertible debentures (NCDs). The approval was granted by the company's Board's constituted committee and allows Embassy to raise funds up to INR 1,570 crores through a private placement strategy.The decision involves issuing senior, secured, redeemable, unrated, unlisted NCDs having a face value of INR 1,00,000/- each. This move expands the scope from an initial proposed issue size of up to INR 400 crores to the new total capacity of up to INR 1,570 crores.The authorization...

RITES secures international order valued at USD 35.82 million for locomotive supply and commissioning RITES Limited, a Schedule 'A' Enterprise of the Government of India, has secured a major international contract involving the supply and commissioning of specialized locomotives. The order was awarded by Volantis Asset Finance (Pty) Ltd., an entity based in South Africa.The contract involves RITES supplying and commissioning 4000 HP Cape Gauge Diesel Electric Locomotives. This agreement represents a significant win for RITES, who specializes in rail infrastructure and rolling stock solutions.While the initial communication serves as an intimation of the order acceptance, it is noted that the formal Contract Agreement will be signed...

EMA Partners Acquires Equity in Taggd for Rs 7.6 Cr, Boosting Stake to 79.71% EMA Partners India Limited completed the subscription of equity shares in Talent Hired-The Job Store Private Limited ('Taggd'), marking a significant infusion of funds into the recruitment technology company. The transaction took place on July 6, 2026.As part of the agreed terms, EMA Partners acquired 66,691 Equity Shares of Taggd from the company itself through a preferential basis and subscription process. These shares were issued at a price of ₹ 1,141 per share, including a premium of ₹ 1,140 per share. The total consideration for this acquisition amounted to Rs 7,60,94,431/- (Rupees Seven Crores Sixty Lakhs Ninety-Four Thousand Four Hundred and...

Taurian MPS Expands Global Reach with New Authorized Dealer Appointments Across Kenya, Ghana, Thailand, and Nepal Taurian MPS Limited, a specialist manufacturer of high-quality crushing, screening, washing, and mineral processing equipment, has announced the appointment of new authorized dealers in four international markets: Kenya, Ghana, Thailand, and Nepal. These appointments are designed to strengthen the company's international distribution network and expand its presence across key regions including East Africa, West Africa, South-East Asia, and South Asia.The strategic dealer partnerships signify an important step toward building a deeper global presence for Taurian MPS in markets driven by demands from aggregates, mining...

Apollo Micro Systems Increases Authorized Capital and Launches Preferential Allotment of Equity Shares and Convertible Warrants Apollo Micro Systems Limited announced several key corporate actions following the Board of Directors meeting held on July 6, 2026. The company approved a significant increase in authorized capital, alongside approving preferential allotments for both equity shares and convertible warrants to various groups of investors.The Board resolution included increasing the Authorized Capital of the Company from ₹ 45,00,00,000 (Rupees Forty Five Crores Only), divided into 45,00,00,000 Equity Shares of ₹ 1/- each, to ₹ 63,00,00,000 (Rupees Sixty Three Crores Only). This increase involves the addition of ₹ 18,00,00,000...

TAC Infosec Limited Schedules Board Meeting to Approve Unaudited Financial Results for Quarter Ended June 30, 2026 TAC Infosec Limited announced that it will hold a meeting of its Board of Directors to review and approve the company's Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.The Board Meeting is scheduled for Friday, July 10, 2026, at 05:00 PM. The meeting will be conducted via video conferencing or other audio-visual means.Key items on the agenda include considering and approving the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, as well as discussing any other matters deemed necessary by the Board of Directors.Financial Update and...

SETL Invests INR 70 Crores in GL Hakko for Stake, Aims to be India's Largest Glass-Lined Equipment Manufacturer Standard Engineering Technology Limited (SETL), a precision engineering firm serving key sectors such as pharmaceuticals and chemical infrastructure, announced a strategic equity investment in GL Hakko Co., Ltd. of Japan. This move solidifies the company’s push towards becoming India’s leading manufacturer of glass-lined equipment by FY27.Under the agreement, SETL made an initial capital infusion of INR 70 Crores (Japanese Yen 1,174 million) to secure a 19.19% equity stake in GL Hakko. This primary investment was funded from internal accruals. The partnership includes an option for SETL to increase its shareholding by a...

Titan's Business Soars as Titanial Companies Announce Major Deals and Q1 Results The Indian stock market remains active today as companies report impressive quarterly growth figures while others cement strategic partnerships and secure significant orders. Titan Company detailed a robust performance across its various business segments, signaling strong consumer demand. Meanwhile, specialized sectors saw critical updates, ranging from large-scale institutional investments to major acquisitions in the beverage industry.Titan Q1 Performance Drives Consumer Confidence UpTitan Company reported overwhelmingly positive results for its first quarter (YoY), showcasing momentum across all verticals. The company's domestic business experienced...

Inventurus Knowledge Solutions Guarantees Up to USD 603.75 Million for Subsidiary’s Financing Facilities Inventurus Knowledge Solutions Limited has issued a corporate guarantee in favor of multiple lenders supporting financing facilities up to USD 575 million availed by its subsidiary, IKS Inc. The guarantee relates to funds that the company expects to be utilized, in part, toward refinancing existing debt obligations of IKS Inc.The Company provided the corporate guarantee for a maximum aggregate amount of USD 603,750,000. This guarantee is extended in relation to facilities available to IKS Inc., which operates in connection with its acquisition of TruBridge, Inc.Lenders named as original beneficiaries include Citibank N.A...

Equity Fundraising Surges Past ₹1 Lakh Crore as Secondary Market Rush Fuels Massive Capital Inflow Indian equity fundraising has crossed a massive milestone, exceeding ₹1 lakh crore since the beginning of April. This surge is primarily driven by an accelerated pace in offer for sale (OFS) transactions and Qualified Institutional Placements (QIPs). The robust activity coincides with a steady revival in the Initial Public Offering (IPO) pipeline, demonstrating improving investor sentiment across corporate sectors.The capital markets provided the fertile ground for this funding wave following a subdued start to the year. Major indices have seen significant appreciation, lending confidence to corporations looking to monetize equity stakes...

Cochin Shipyard Limited Launches Offer for Sale of Equity Shares by Government Entity Cochin Shipyard Limited's shares are being offered in an Offer for Sale (OFS) initiated by the President of India, acting through the Ministry of Ports, Shipping and Waterways, Government of India. The offer is targeting institutional, retail, and employee investors across a designated period in July 2026.The Promoter proposes to sell equity shares on behalf of the Company. This comprehensive offer involves multiple categories of buyers and specific timelines for allotment, designed under the stock exchange mechanism.Key details regarding the Offer are summarized below:ParameterDetailsCompanyCochin Shipyard LimitedSeller/PromoterThe...

Mamata Machinery Announces Leadership Transition as Rajashekar Venkat Elevated to CEO Mamata Machinery Limited, a prominent global provider of flexible packaging solutions, announced a significant planned transition in its executive leadership today. Mr. Rajashekar Venkat, currently serving as President of the Company, will be elevated to the position of Chief Executive Officer (CEO), ensuring a smooth handover of leadership. The change comes as Mr. Apurva Kane steps down from his role as CEO, effective October 01, 2026.Mr. Kane, who has been with Mamata Machinery for over 41 years, will retire from the Chief Executive Officer position but will continue his association with the Company in a mentorship capacity. The Board of Directors...

Jubilant FoodWorks Reports Q1 FY27 Results, Showing Revenue Growth and Store Network Expansion Mangalam Worldwide Limited (Jubilant FoodWorks Ltd.) reported its business update for the quarter ending June 30, 2026. The company noted growth in revenue from operations while expanding its network of stores across various brands and markets.Consolidated revenue from operations stood at Rs. 25,693 million, marking a 14.1% increase year-on-year (YoY). Standalone revenue from operations was recorded at Rs. 18,485 million, reflecting a 9.2% growth YoY.In terms of operational efficiency, Like-for-Like (LFL) growth figures varied across the company's international and domestic segments. Domino's India recorded an LFL growth rate of 2.5%...

Concord Enviro Systems Limited Accepts CFO's Resignation; Anish Goel to Cease Roles on July 31, 2026 Concord Enviro Systems Limited announced that its Board of Directors accepted the resignation of Mr. Anish Goel from his positions as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The resignation was tendered by Mr. Goel in order to pursue another professional opportunity.The company confirmed that the Board meeting held on July 6, 2026, considered and accepted the resignation. Mr. Anish Goel will cease to hold both the CFO and KMP positions with effect from the close of business hours on July 31, 2026.Upon his resignation, Mr. Goel will no longer be designated as Key Managerial Personnel authorized for...

Betala Global Securities Ltd Approves Q1 Unaudited Financial ResultsBetala Global Securities Limited announced that its Board of Directors had considered and approved the Company's unaudited financial results for the first quarter ended June 30, 2026. The Board meeting was held on July 6, 2026.The board members also took on record the Limited Review Report pertaining to the first quarter ended June 30, 2026.Financial Performance and Auditor's View Betala Global Securities Ltd released its Statement of Financial Results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors.The Company's financial metrics for the first quarter included a loss in Earnings Per...

Jubilant Foodworks Reports Q1 FY27 Results; Consolidated Revenue Reaches Rs 25,693 Million Jubilant Foodworks Limited announced its business update for the quarter ended June 30, 2026. The company reported growth in revenue across both consolidated and standalone operations, alongside significant expansion of its store network.Consolidated revenue from operations stood at Rs 25,693 million, marking a 14.1% year-on-year increase. Standalone revenue from operations was Rs 18,485 million, reflecting a 9.2% growth YoY for the quarter.The company's performance across its key operating segments demonstrated varied growth rates during Q1 FY27.SegmentLike-for-Like (LFL) GrowthDomino's India2.5%Domino's Eurasia-1.3%In terms of...