Markets

Adisoft Technologies Earns Five Prestigious National Awards from MEI in Vietnam Adisoft Technologies Limited, an established industrial digital automation company, received five significant national awards during the Mitsubishi Electric India (MEI) Channel Partner Conference held in Vietnam, recognizing its outstanding performance and technological contributions throughout FY25. The recognition solidifies Adisoft's standing within the industrial ecosystem.The accolades awarded by MEI include:President's Global Award for Industrial Digitalization Excellence (FY25). All-India No. 1 Channel Partner for Highest Contribution to MEI Business (FY25). All-India Highest Sales in Modular PLC. Highest Sales in the Automotive Segment, North...

Ajooni Biotech Reports Q1 Results for FY 2026; Net Profit Stands at 43.18 Lakhs Ajooni Biotech Limited announced the outcomes of its Board meeting held on August 14, 2026, approving the unaudited financial results and the limited review report for the quarter ended June 30, 2026. The company's performance during the period saw total income from operations stand at 6,375.96 Lakhs.The Board considered and approved the un-audited Financial Results and the Limited Review Report from the auditor for the financial quarter ending June 30, 2026.Q1 FY 2026 Financial Performance Highlights Key financial figures for Ajooni Biotech Limited for the quarter ended June 30, 2026, compared to the previous two periods are detailed below (figures in...

India’s Space Sector Surges: Private Investment Multiplies As Nation Asserts Global Technological Supremacy Rocketing Growth: Mapping the Ascent of India's Space Economy India's journey in space has evolved significantly, transitioning from basic capability development to delivering advanced, globally competitive space technologies. Reforms initiated over the past decade have successfully opened the sector to private enterprise and fostered robust global partnerships. This shift is solidifying India’s status as a self-reliant nation poised to shape the future of space.The domestic ecosystem has experienced explosive growth. Registered space start-ups surged from just one in 2014 to approximately 440 by August 2026. This dynamism...

Indo National Limited Announces Quarterly Financial Results and Outlines AGM Details Indo-National Limited has released its unaudited financial results for the quarter ended June 30, 2026, along with consolidated results. The company also announced key corporate timings related to its upcoming Annual General Meeting (AGM).The Board of Directors reviewed and approved the quarterly financial statements, which were limitedly reviewed by the statutory auditors, M/s G Balu & Associates LLP.Financial Highlights for Quarter Ended June 30, 2026 The company's standalone and consolidated unaudited results for the quarter ended June 30, 2026, included a review of operational performance across various income and expense categories.Standalone...

Om Freight Forwarders Limited Announces Financial Results and Key Board Decisions Om Freight Forwarders Limited, formerly known as Om Freight Forwarders Private Limited, has announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were approved at a meeting of the Board of Directors on August 13, 2026.Key outcomes of the board meeting included the re-appointment of the company's Secretarial Auditor and the approval of plans related to the forthcoming Annual General Meeting (AGM).Financial Performance Overview The Unaudited Standalone Financial Results reflect various income and expenses figures for the quarter ending June 30, 2026. The results show total income of INR...

Poddar Pigments Limited Approves Unaudited Financial Results for Quarter Ended June 30, 2026 Poddar Pigments Limited announced key outcomes of its Board meeting held on August 14, 2026. The Board approved the company's un-audited financial results for the quarter ended June 30, 2026. Furthermore, the Board fixed the details of the upcoming Annual General Meeting (AGM).The outcomes reviewed by the directors included approval of the Q1 results and setting the date for the AGM. The management confirmed that the unaudited results were prepared in accordance with Indian Accounting Standard 34, Interim Financial Reporting (Ind AS 34), and other generally accepted accounting principles in India.Financial Highlights The company's...

Sanstar Limited Announces Q2 Results and Key Board Appointments Sanstar Limited has reported its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company also confirmed several significant governance updates, including the re-appointment of key executives and changes in the board structure.The company's operations are currently segmented into "Manufacturing and trading of commodities." The unaudited standalone results for the quarter saw Total Income reach Rs. 208.93 crore against Total Expenses of Rs. 196.38 crore, resulting in a Net Profit for the period of Rs. 9.21 crore. For the full year ended March 31, 2026, the audited standalone figures showed a Total Income of Rs. 796.41 crore...

Prakash Pipes Limited Reports Q1 FY2027 Results; Net Sales Reach ₹241 Crores Prakash Pipes Limited announced its financial results for the quarter ended June 30, 2026 (Q1 FY2027), noting strong performance across both its PVC Pipes & Fittings Division and Flexible Packaging Division. The company reported a significant increase in net sales, EBITDA, and Profit After Tax (PAT).For Q1 FY2027, the company recorded Net Sales of ₹241 crores and achieved an EBITDA of ₹27 crores. This reflects a 19% growth over the corresponding quarter of the previous financial year. Furthermore, the Profit after Tax stood at ₹16 crores, marking a 59% rise compared to Q1 FY2026. Earnings Per Share (EPS) for the quarter was reported as ₹6.87.Division...

SEBI Slams Stock Option Trader: Rs 5 Lakh Penalty Imposed for Creating Artificial Volume on BSE The Securities and Exchange Board of India (SEBI) has issued a major Adjudication Order, imposing a penalty on Fatmabibi Yusufbhai Rangwala. The order relates to serious allegations concerning manipulative trading practices in the illiquid stock options segment of the Bombay Stock Exchange (BSE).The ruling solidifies SEBI's stance against market manipulation, highlighting how non-genuine transactions can distort market health and lead to significant regulatory action.Details of the Market Manipulation Case The investigation covered trades executed between April 1, 2014, and September 30, 2015. SEBI observed large-scale reversal of trades...

Rainbow Children's Medicare Completes 64% Acquisition in Super Prime Medical Care LLP Rainbow Children's Medicare Limited has completed the acquisition of a significant stake in Super Prime Medical Care LLP, securing a controlling interest in the entity. The company successfully acquired 64% of the partnership interest and the corresponding capital contribution in Super Prime Medical Care LLP (LLP).The acquisition was finalized on August 14, 2026, involving the transfer of the partnership interest and capital from the existing partners of the LLP. This transaction follows a Partnership Interest and Contribution Transfer Agreement (PICTA) that was executed earlier on July 29, 2026.The completion of this deal solidifies Rainbow...

Mahaalaxmi Texpro Limited Announces Q1 Results and Appoints New Additional Director Mahaalaxmi Texpro Limited, formerly known as Abhishek Corporation Limited, announced the outcome of its Board meeting held on August 14, 2026. The outcomes included the release of Un-Audited Financial Results (Standalone) for the quarter ended June 30, 2026, and the appointment of Mr. Prathamesh Mukund Gaikwad as an Additional Director.The Board approved the un-audited financial results, which were reviewed by the Statutory Auditors of the Company through a Limited Review Report. These results provide insight into the company's performance across key operational metrics for the quarter ended June 30, 2026.Financial Performance Highlights (Q1 FY2026)...

Electrotherm Announces Financial Results and Allots Preference Shares Following Board Meeting Electrotherm (India) Limited has announced the outcomes of its Board meeting held on August 14, 2026, approving the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company also formalized a significant preference share allotment and subsequent redemption actions.The board members considered and approved the financial results and reviewed the outcomes of key financing matters related to existing preference shareholders and unredeemed shares, alongside setting the date for the upcoming Annual General Meeting (AGM).Financial Performance Highlights The company presented unaudited standalone and...

Shukra Pharmaceuticals Enters Strategic Joint Venture with Borns Medical Robotics for Surgical AI Systems in India and APAC Shukra Pharmaceuticals Limited has signed a Term Sheet with Borns Medical Robotics Pte Ltd, Singapore, to establish a strategic joint venture focused on designing, manufacturing, distributing, and servicing AI-enabled surgical robotic systems across India and the Asia-Pacific region.The partnership aims to build a comprehensive platform for surgical robotics within India, progressing through localization of manufacturing and expansion into the APAC market.Key particulars of the Term Sheet set out the structure and commercial framework for this proposed venture. The agreement was executed on August 13, 2026...

Shreeji Shipping Global Limited Announces Q1 Results for June 30, 2026; Completes Auditor Appointments Shreeji Shipping Global Limited has released its unaudited Standalone and Consolidated Financial Results for the quarter ended on June 30, 2026. The results were approved by the Board of Directors on August 14, 2026, alongside key governance updates, including the appointment of new internal and cost auditors for the financial year 2026-27.The company also provided details regarding its fleet expansion, ongoing legal disputes concerning long-term vessel charter contracts, and the status of related contingent liabilities.Q1 2026 Financial Highlights During the quarter ended June 30, 2026, the Company recorded an increase in revenue...

Bodhi Tree Multimedia Reports Strong Q1 FY27 Results as Revenue Jumps 71% YoY Bodhi Tree Multimedia Limited announced robust financial results for the first quarter of fiscal year 2027 (Q1 FY27), driven by its transition toward an IP-led content ecosystem and strategic government partnerships. The company reported a significant increase in consolidated total income, alongside substantial growth in EBITDA and profit after tax (PAT).The Indian production house and multi-genre content company, which operates across television, OTT, digital, and FAST platforms, highlighted the performance metrics for the quarter ended June 30, 2026.Financial Performance Highlights Bodhi Tree Multimedia demonstrated strong operational leverage in Q1...

Viceroy Hotels Limited Announces Rights Issue of Equity Shares Viceroy Hotels Limited has approved a rights issue for its fully paid-up Equity Shares, offering shareholders the opportunity to participate in the capital raising initiative. The rights issue is set to commence on September 03, 2026.The Company announced that the Record Date, which determines the eligible equity shareholders, will be Thursday, August 20, 2026. This date allows existing shareholders to qualify for the allocation of rights entitlements.Rights Issue Details and Financials The offering is structured as a rights issue involving fully paid-up Equity Shares, each with a face value of ₹10. The total size of the equity shares offered stands at 92,03,008 shares...

Bang Overseas Limited Announces Board Outcomes, Fixes AGM Date as Q2 Financial Results Are Approved Bang Overseas Limited has released key outcomes of its recent Board Meeting, confirming the approval of its unaudited financial results for the quarter ending June 30, 2026. The company also fixed the date for its upcoming Annual General Meeting (AGM).The Board meeting, held on August 14, 2026, considered and approved several corporate matters. These included the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with a Limited Review Report issued by M/s Bharat Gupta & Co., the company's Statutory Auditors.In addition to the quarterly results, the board approved the 34th Directors’...

Madhucon Projects Limited Announces Q2 2026 Financial Results: Review of Consolidated and Standalone Performance Madhucon Projects Limited has released the extract of its Un-Audited Standalone and Consolidated Financial results for the quarter ended June 30, 2026. The financial figures provide a detailed look at the company's performance across various periods and segments.The consolidated financial results reflect significant operational income. Total Income from Operations stood at ₹66,146.80 Lakhs. However, Net Profit/(Loss) for the period Before Tax was reported as a loss of ₹1,021.41 Lakhs. The Net Profit/(Loss) for the period after tax was ₹1,553.72 Lakhs.The Consolidated results were shown against prior periods in lakhs...

Gandhi Special Tubes Limited Announces Record Date for Equity Share Buyback Gandhi Special Tubes Limited has announced that the board and shareholders have approved a significant buyback of the company's fully paid-up equity shares. The buyback is set to commence, with a specific record date established to determine eligibility among beneficial owners.The Company has approved the purchase of up to 6,681,000 fully paid-up equity shares. Each share, which holds a face value of INR 5, will be acquired at a price of INR 900 per Equity Share. The total aggregate value for this buyback is up to INR 78,12,90,000.The transaction covers the maximum purchase quantity and excludes associated costs, such as brokerage fees, taxes (including...

Le Merite Exports Limited Reports Q1 FY27 Results; Announces Board Changes and Strong Underlying Profitability Le Merite Exports Limited has released its Unaudited Financial Results for the quarter ended June 30, 2026. The results include significant governance changes following a board meeting held on August 14, 2026, which saw the appointment of an Additional Director and the resignation of an Independent Director.The Company reported positive underlying profitability in Q1 FY27, despite a reported loss primarily attributed to the impact of unrealized Fair Value Through Profit or Loss (FVTPL) movements on investments.Governance Updates and Appointments During the board meeting, Le Merite Exports Limited made key changes to its...