Markets

Arvind Limited’s Nomination Committee Approves Grant of 1,25,000 Stock Options Under Employee Scheme Arvind Limited announced that its Nomination and Remuneration Committee (NRC) approved the grant of 1,25,000 stock options to eligible employees under the AL - Employee Stock Option Scheme - 2021. The approval was granted on August 14, 2026.The initiative falls under the broader terms of the AL - Employee Stock Option Scheme - 2021. These options relate to Arvind Limited (AL) and constitute a key part of the company’s structure for employee compensation as per SEBI standards.A detailed breakdown of the options granted, including pricing and vesting schedules, was made public through the relevant channels.Key details regarding the...

Zee Media Reports Q1 FY27 Earnings, Highlights Strategic Shift Towards Diversified Revenue Streams Noida: Zee Media Corporation Limited (ZMCL) announced its un-audited financial results for the first quarter of fiscal 2027. The consolidated revenues for the network stood at ₹1,908.5 million, while operating expenditure was reported at ₹1,745.9 million in Q1 FY27.The Board of Directors approved the financial results for the quarter ended June 30, 2026, as part of a strategic move toward evolving from an advertising-led news company to a diversified media organization, emphasizing content and technology capabilities.Financial Performance Highlights ZMCL’s performance across key metrics showed a mixed trend during Q1 FY27 compared to...

Laxmi Goldorna House Reports Unaudited Q1 Results, Shows Mixed Performance Across Segments Laxmi Goldorna House Limited released its unaudited standalone financial results for the quarter ended June 30, 2026. The company's performance across its two primary segments—Gold and Jewellery and Real Estate—showed varied trends during the period compared to the previous year.The unaudited statement of results provides a detailed overview of the company’s financial standing. For the quarter ending June 30, 2026, total income stood at 3,745.08 lakh. Expenses for the period were recorded at 3,579.40 lakh. This resulted in a profit before tax of 149.57 lakh. The company's net profit attributable to continuing operations was 16.66 lakh...

Paradeep Phosphates Allots 3,49,656 Equity Shares Under ESOP - 2021 Paradeep Phosphates Limited has completed the allotment of equity shares resulting from the exercise of options under its PPL Employee Stock Option Plan 2021 (ESOP - 2021). The allotment was approved by the Nomination and Remuneration Committee, with the intention of increasing the company's issued and subscribed capital.The committee allotted a total of 3,49,656 Equity Shares, each having a face value of Rs. 10/- to eligible employees.The issuance of these shares increases the company's equity structure. The issued, subscribed, and paid-up equity share capital of Paradeep Phosphates Limited has been updated as follows:Metric Before Allotment After Allotment...

Voltas Limited to Partner with Atomberg Innovation in Proposed Joint Venture for AC Compressor Technology Voltas Limited has approved entering into a Binding Term Sheet with Atomberg Innovation Private Limited (AIPL) to establish a joint venture aimed at developing, manufacturing, and commercializing Room Air Conditioner compressors in India. This partnership represents a strategic move towards strengthening the domestic supply chain and building indigenous compressor technology capabilities.The proposed joint venture is intended to enhance localization within the industry and reduce dependence on concentrated global supply sources for these critical components. The transaction remains subject to the satisfactory completion of due...

NIBE Limited Secures Rs 563.35 Crore Contract to Supply Loiter Munition Systems to Indian Army NIBE Limited has secured a major supply contract with the Indian Army, Ministry of Defence, Government of India. The agreement involves manufacturing and supplying Thirty (30) sets of Loiter Munition System along with associated testing equipment and accessories for a total consideration of Rs 563.35 crore, inclusive of all taxes and duties.The contract falls under the Buy (Indian) category. This significant domestic order underscores NIBE Limited's role in supplying critical defense materiel to the Indian armed forces.According to the details of the agreement, which was awarded by a Domestic Entity, the scope encompasses the supply of...

Seamec Limited Enters Consortium Agreement for Diving Technical Expertise on ONGC Vessel 'SAMUDRA PRABHA'<p>Seamec Limited has entered into a Consortium Agreement with M/s Supreme Hydro Engineering Pvt Limited. The partnership is focused on availing support and diving technical expertise concerning the ONGC vessel, 'SAMUDRA PRABHA,' which is managed by Seamec.</p><p>The agreement formalizes the collaboration between the two entities for this specialized marine project. The total contract value set for this Consortium Agreement is approximately USD 1.39 million, inclusive of GST.</p><p>This strategic collaboration involves crucial aspects relating to the service provision on the vessel. Key details regarding the partnership are...

Reddit Surges Over 14% as S&P 500 Inclusion Signals Massive Institutional Demand The social media giant Reddit shares witnessed a significant rally, surging more than 14% on Friday. This surge followed the announcement that the platform would be included in the prestigious S&P 500 index, effectively replacing AvalonBay Communities. The inclusion instantly elevated the company's profile and triggered substantial institutional interest.Institutional Demand Surges Ahead of S&P 500 Inclusion The significance of Reddit’s listing is underscored by estimated demand from fund managers. Analysts at J.P. Morgan calculated that index funds tracking the S&P 500 would need to procure approximately 16.7 million Reddit shares. This required volume...

Udayshivakumar Infra Limited Reports Q1 Results: Revenue Declines Amid Industry Costs Udayshivakumar Infra Limited released its unaudited financial results for the quarter ending June 30, 2026, highlighting performance influenced by undertaking civil contracts and associated operating costs. The company reported a decrease in revenue while managing significant expenses across various project segments.The operational performance was anchored by commitments related to NH and PWD Road Constructions, Canal Constructions, Industrial Area Development, and Smart City Road Development projects. For the quarter ending June 30, 2026, the company's revenue stood at INR 4,625.20 Lakhs, marking a decline of 3.73% compared to the previous quarter’s...

Capricor Shares Soar 70% After FDA Signals Openness to Review Duchenne Drug Data Capricor Therapeutics shares surged dramatically after the company announced that the U.S. health regulator is willing to review new data concerning its experimental drug for Duchenne muscular dystrophy. This regulatory pivot has delivered a massive boost to investor sentiment, reversing months of volatility surrounding the life-saving treatment, deramiocel.The stock, which had previously crashed after an FDA advisory panel voted against the effectiveness data last month, saw significant gains on Friday following the positive update from the drug developer. Capricor's Chief Executive Linda Marban confirmed that the company intends to submit an amendment...

Spacenet Enterprises India Limited Approves Q Results, Appoints New Chairperson and Additional Directors Spacenet Enterprises India Limited, during a Board meeting held on August 14, 2026, approved its Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The Board also undertook several key governance decisions, including promoting an executive leader to the role of Chairperson and recommending new appointments to the board.The company's management confirmed the financial results following review by the Audit Committee, noting the limited review reports issued by its statutory auditors, M/s. Gorantla & Co., Chartered Accountants, Hyderabad. Furthermore, the Board approved the Annual Report for...

UniHealth Hospitals Submits Revised Valuation Report for Preferential Equity IssueUniHealth Hospitals Limited, formerly known as Unihealth Consultancy Limited, has made available the Revised Valuation Report prepared by an Independent Registered Valuer concerning its proposed preferential issue of Equity Shares.The company has also provided clarification regarding a matter referenced in the Explanatory Statement related to the notice of its Annual General Meeting. This addresses an inadvertent reference within the document pertaining to Regulation 166A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.In addition to making the revised valuation report available on the company's website under the 'Other...

Kavveri Defence and Wireless Technologies Reports Q1 Results: Standalone and Consolidated Financials Reviewed Kavveri Defence & Wireless Technologies Limited, formerly known as Kavveri Telecom Products Limited, released its unaudited financial results for the first quarter ended June 30, 2026. The company's Board of Directors reviewed both the standalone and consolidated results on August 14, 2026.The Board meeting focused on the outcome of the Q1 performance. The management provided the standalone unaudited financial results, which were presented along with a Limited Review Report. Additionally, the independent auditor’s review report for the consolidated financials was also noted by the board.Standalone Financial Results Overview...

Western Carriers Releases Q2 Results; Net Profit Reaches 86.91 Million Western Carriers (India) Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The results were reviewed by the company’s Audit Committee and approved by the Board of Directors in a meeting held on August 14, 2026. Management confirmed that the results reflect the performance of the company as a major logistics service provider in India.The company's standalone financial data for the quarter showed Total Income at 4,683.87 million rupees. Against this income, total expenses were recorded at 4,565.20 million rupees, leading to a Net Profit for the period of 86.91 million rupees. The Basic Earnings Per Share (EPS) stood at 0.85...

Regulator Imposes Penalty on Muthoot MCred: RBI Fines Company Over Loan Asset Classification Violations The Reserve Bank of India (RBI) has imposed a monetary penalty on Muthoot MCred Limited for noncompliance concerning asset classification guidelines. The action, taken under powers conferred by the RBI Act, 1934, addresses deficiencies found during regulatory oversight.The financial penalty amounting to ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) was issued by RBI in a formal order dated August 14, 2026. This decision arose from supervisory findings based on the company’s financial position assessed as of March 31, 2025.Details of the Non-Compliance Charge The penalty was imposed for noncompliance with specific provisions...

Loyal Textile Mills Limited Announces Unaudited Financial Results for Quarter Ended June 30, 2026; Focus on Operational Rationalization Loyal Textile Mills Limited has announced the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The Board of Directors approved these results during a meeting held on August 14, 2026, along with the Director's report.The Company’s operations relate exclusively to the manufacturing of Textiles and Garments, which constitute its sole reportable operating segment. Management highlighted that the company continues efforts toward the realignment and rationalization of its manufacturing operations, aiming to improve capacity utilization and achieve sustainable...

Nava Limited Achieves Record Quarterly Income, Driven by Strong Energy and Mining Results Hyderabad, August 14, 2026: Nava Limited announced its unaudited financial results for the quarter ending June 30, 2026. The company reported a record-high consolidated total income, while standalone Profit Before Tax (PBT) rose significantly year over year.The results reflect disciplined cost management and resilient operating performance across Nava’s diversified portfolio, supported by robust energy operations and healthy dividend flows from international business units. Consolidated revenue from operations stood at ₹1,212 crore, marking a 6.0% sequential rise. Total Income for the quarter reached ₹1,269 crore.Key operational highlights...

Hilton Metal Forging Limited Announces Quarterly Financial Results for Q1 2026 Hilton Metal Forging Limited has released its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors reviewed and approved these quarterly standalone financial outcomes alongside a Limited Review Report.The company operates in the manufacturing sector, producing "Forging Components" such as flanges and forged fittings. Management reviews the business performance as a single operating segment in accordance with Ind-AS 108 "Operating Segments." The results reflect the company's standing across various financial metrics during the specified period.The unaudited financial results of Hilton Metal Forging Limited for the quarter...

Cholamandalam Financial Holdings Registers 42% Growth in Consolidated PAT for Q1 FY27 The Board of Directors of Cholamandalam Financial Holdings Limited (CFHL) has approved the unaudited financial results for the quarter ended June 30, 2026. The consolidated figures show significant growth across revenue and profit for the company.For the quarter ending June 30, 2026, CFHL achieved a Consolidated Profit After Tax (PAT) of Rs. 1,789 Cr, marking a robust growth of 42% compared to the Rs. 1,260 Cr reported in the corresponding quarter of the previous year. Furthermore, consolidated total income grew by 20%, reaching Rs. 11,214 Cr from Rs. 9,383 Cr in Q1 FY26.The company's Assets Under Management (AuM) also demonstrated strong...

Solarworld Energy Solutions Reports Q1 Financial Results and Reappoints Cost Auditor Solarworld Energy Solutions Limited, formerly known as Solarworld Energy Solutions Private Limited, has announced the outcome of its Board Meeting held on August 14, 2026. The meeting involved approving the un-audited financial results for the quarter ended June 30, 2026, and reappointing a Cost Auditor for the fiscal year 2026-27.The company's performance across its subsidiaries and associated entities showed varied trends in Q1 FY26, as reflected in both standalone and consolidated financial results. Management highlighted that pending adjudication proceedings regarding suspended EPC contracts with SJVN Green Energy Limited (SJVN) remain active, but...