Markets

Westlife Foodworld Limited Announces Resignation of Non-Executive Independent Director Ms. Amisha Jain Westlife Foodworld Ltd has confirmed that Ms. Amisha Jain has resigned from her position as a Non-Executive Independent Director of the company, effective August 13, 2026.The resignation was tendered following a long and fruitful association with Westlife Foodworld Limited, noting Ms. Jain’s tenure spanned into her second five-year term as an Independent Director.In a statement regarding the transition, Ms. Jain attributed her departure to the demanding nature of her responsibilities in her current capacity as MD & CEO. She stated that due to the heavy work commitments in her role, she would not be able to devote the deserved time...

Baazar Style Retail Limited Approves Q3 Financial Results and Management Changes Baazar Style Retail Limited has reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors reviewed and approved these results, which detail the company's operational performance alongside a key change in senior management personnel.The board meeting held on August 13, 2026, confirmed both the financial outcomes and an important structural realignment within the firm’s leadership.Personnel Restructuring The Board of Directors approved the re-designation of Mr. Siddhant Khemani, who previously served as Chief Marketing Officer. Effective immediately, Mr. Khemani has been re-designated...

NCLT Approves Share Capital Reduction of Motherson Technology Services Limited Samvardhana Motherson International Limited has learned that the National Company Law Tribunal (NCLT) has approved the reduction of share capital for Motherson Technology Services Limited (MTSL).The approval comes after the matter was listed before the Hon'ble NCLT on August 13, 2026. The NCLT granted approval for the proposed reduction of share capital of MTSL.This corporate action pertains to the process undertaken by MTSL for reduction of share capital under Section 66 and other applicable provisions of the Companies Act, 2013.Upon the reduction of capital becoming effective, MTSL along with its subsidiaries will transition into wholly-owned...

BF Investment Limited Announces Q1 Financial Results for June 30, 2026; Highlights Income from Investments BF Investment Limited has released its Unaudited Standalone and Consolidated Financial Results for the quarter ended on June 30, 2026. The results reflect the company's focus on earnings derived from investments in group companies, interest income, and dividend income.The Board of Directors reviewed and approved these financial results during a meeting held on August 14, 2026.Standalone Financial Performance Highlights For the quarter ended June 30, 2026, BF Investment Limited reported significant figures in its standalone statements (amounts are in Rs. Million).ParticularsQtr ended June 30, 2026 (Unaudited)Qtr ended June...

Kriti Nutrients Limited Approves Resolutions at 30th Annual General Meeting Kriti Nutrients Limited announced that members duly approved various resolutions during the company's 30th Annual General Meeting (AGM). The meeting was conducted on Wednesday, August 12, 2026, concluding after being held via Video Conferencing or other Audio Visual Means.The AGM addressed and passed multiple ordinary and special resolutions related to financial statements, director appointments, auditor confirmations, and remuneration revisions.Key outcomes approved during the Annual General Meeting include:Financial Reporting: Adoption of the Audited (Standalone and Consolidated) Financial Statements for the Financial Year ended 31st March, 2026...

NAVA Limited Approves Unaudited Quarterly Results; Energy Segment Dominates Consolidated Revenue NAVA Limited announced the approval of its unaudited financial results for the quarter ended June 30, 2026, covering both consolidated and standalone entities. The Board of Directors confirmed the results, which reflect significant revenue streams across the Group's various segments.Consolidated Financial Performance (Quarter Ended 30 June 2026) The Company's consolidated financial statements for the quarter showed strong performance, with Net Profit attributable to shareholders reaching ₹29,342.57 Lakhs. The results were reviewed by the Audit Committee and approved by the Board of Directors.Key figures from the Consolidated Statement of...

Sahyadri Industries Reports Strong Q1 FY27 Results, Declares Interim Dividend Sahyadri Industries Limited (SIL) has announced its unaudited financial results for the first quarter of fiscal year 2027, ending June 30, 2026. The company reported robust performance across key metrics despite challenges posed by geopolitical situations affecting exports.The financial highlights for Q1 FY27 showed significant growth in top-line revenue and profitability. Total Income stood at ₹261.3 crore. EBITDA reached ₹41.7 crore, while Profit After Tax (PAT) was recorded at ₹26.5 crore.MetricValue (Q1 FY27)Quarter-on-Quarter ChangeYear-on-Year ChangeTotal Income₹261.3 crore+32.9%+20.9%EBITDA₹41.7 crore+100.5%+92.2%PAT₹26.5...

Zensar Technologies Completes Filings for US Subsidiary Mergers with Zensar Technologies Inc. Zensar Technologies Limited has confirmed the completion of requisite local filings in connection with the mergers of two US-based subsidiaries into its subsidiary, Zensar Technologies Inc., USA. The company provided updates regarding both Bridgeview Life Sciences LLC and M3BI LLC, which are merging with Zensar Technologies Inc.The Board of Directors of Zensar had previously accorded in-principle approval for the merger of Bridgeview Life Sciences LLC and M3BI LLC with Zensar Technologies Inc., a wholly owned subsidiary of the company. All necessary filings related to the merger of Bridgeview Life Sciences LLC with Zensar Technologies Inc...

Humanoid Robot Titan Unitree Poised for Explosive Shanghai Debut as Global Valuation Surges China's Unitree, a leading manufacturer of humanoid robots, is set to make a highly anticipated stock market debut in Shanghai next week. Private market indicators are pointing towards potentially explosive gains, suggesting the company could nearly triple from its initial public offering (IPO) price during its listing on China’s STAR Market.The hype surrounding Unitree stems from its remarkable robots, which have garnered international attention for their capabilities including running, dancing, and performing martial arts. The IPO has been exceptionally well-received by retail investors, with the offer being oversubscribed more than 8,000...

BF Utilities Limited posts Q2 results; Profit/Loss reported alongside limited review findings BF Utilities Limited has disclosed its Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The company's Board of Directors reviewed and approved these results, which were subjected to a limited review by Statutory Auditors G. D. Apte & Co., Chartered Accountants.The company recorded a total revenue of 659.63 Rs. in Lakhs for the quarter. Total expenses amounted to 1,160.55 Rs. in Lakhs. The results showed a profit/loss before tax and exceptional items of (500.92) Rs. in Lakhs. Following a marginal tax expense of 2.06 Rs. in Lakhs, the company registered a net loss for the period amounting to (502.98) Rs. in Lakhs...

Uravi Defence and Technology Limited Posts Financial Results for Q Ended June 30, 2026; Qualified Conclusion on Consolidated Statements Issued Uravi Defence and Technology Limited announced the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were approved by the Board of Directors. Concurrently, the company noted a qualified conclusion in the Limited Review Report regarding its consolidated financial statements, which relates to associates.The Board meeting, held on August 13, 2026, also addressed the appointment of M/s Viren Gandhi & Co as Statutory Auditors and took note of a notice from exchanges concerning non-compliance with regulatory requirements.Financial Results for Q...

UTI Unleashes 'New Age Consumption' ETF, Targeting Aspirational Spending of Modern Consumers Launch and Core Offering Details UTI Mutual Fund has introduced the UTI Nifty India New Age Consumption Exchange Traded Fund (ETF). This new open-ended scheme is designed to provide investors with exposure to the rapidly evolving landscape of consumer spending in India. The fund aims for returns that correspond to the total return of securities represented by the underlying index, subject only to tracking error.The ETF provides a moderate risk profile, aligning with its mandate as a consumption proxy asset. Investors seeking investment in equity portfolios are advised to consult their financial advisors before making any commitment...

NCLT Sanctions Scheme of Amalgamation: Go Digit Infoworks Merges with Go Digit General Insurance Limited The National Company Law Tribunal (NCLT) has approved a scheme of amalgamation involving Go Digit Infoworks Services Private Limited and Go Digit General Insurance Limited. The order, pronounced on August 13, 2026, directs the companies to proceed with the merger following the resolution of key corporate structures under the provisions of the Companies Act, 2013.The rationale provided by the Applicant Companies for the amalgamation centers on structural simplification and enhanced growth objectives. The move is intended to reduce administrative overheads and complex holding company structures, thereby creating a stronger entity...

S.A.L. Steel Appoints Independent Woman Director; Reviews Q1 Financials and Approves AGM Notice S.A.L. Steel Limited announced key corporate governance updates following its Board meeting held on August 14, 2026. The company appointed Mrs. Monika Goyal as an Additional Non-Executive, Independent Woman Director. Additionally, the board reviewed the Un-audited Standalone Financial Results for the quarter ended June 30, 2026, and approved the notice for the upcoming Annual General Meeting (AGM).The Board meeting conducted on Friday, August 14, 2026, formally appointed Mrs. Monika Goyal (DIN: 11881952) as an Additional Director in the capacity of Non-Executive, Independent Woman Director. This appointment is effective from August 14...

Cholamandalam Financial Holdings Reports Strong Growth in Q1 FY27 with Consolidated Profit Reaching Rs 1,789 Cr Chennai: The Board of Directors of Cholamandalam Financial Holdings Limited (CHL) approved the unaudited financial results for the quarter ended June 30, 2026. The company reported robust consolidated performance, achieving a profit after tax (PAT) of Rs 1,789 Crores, marking a growth of 42% compared to Rs 1,260 Crores in the corresponding quarter of the previous year.For the quarter ended June 30, 2026, consolidated total income for CHL stood at Rs 11,214 Crores, an increase from Rs 9,383 Crores recorded in the comparable quarter last year, translating to a growth of 20%.Subsidiary and Key Business Unit Performance The...

Baazar Style Retail Limited Expands Footprint with New Store Opening in Kolkata Baazar Style Retail Limited, formerly known as Baazar Style Retail Pvt. Ltd., has announced a recent expansion of its retail network with the addition of a new store in Kolkata, West Bengal.The company opened the latest Style Bazaar outlet at Hatibagan, signifying continued growth and reach within the market. This addition underscores the retailer's strategy for expanding its physical presence across various regions.Following this latest opening, Baazar Style Retail Limited confirmed that its total number of stores now stands at 276, reflecting its ongoing retail expansion initiatives.STYLEBAAZA Stock Price Movement Edging up in live trading, Baazar...

Tips Films Limited Announces CFO Change and Releases Unaudited Financial Results for Quarter Ended June 30, 2026 Tips Films Limited has announced a change in its senior financial leadership alongside releasing the Unaudited Standalone Financial Results and a Limited Review Report for the quarter ended June 30, 2026. The Board of Directors considered and approved these results, which reflect the company’s performance across various periods.The Board meeting confirmed the resignation of Mr. Haresh Sedhani from the position of Chief Financial Officer (KMP). His departure is attributed to personal reasons and is effective as of close of business hours on September 22, 2026.In response to this change, the company approved the appointment...

Ashok Leyland Posts Record Q1 Results; Commercial Vehicle Volume Reaches All-Time High Ashok Leyland reported a record first quarter for the fiscal year 2027, achieving its highest ever Commercial Vehicles volume and top-line revenue. The company's standalone results show strong operational performance across key domestic and international segments.The Indian flagship of the Hinduja Group, Ashok Leyland, announced its unaudited financial results for the quarter ended June 30, 2026. In Q1 FY27, the company recorded a record revenue of Rs 9,634 Crores, up from Rs 8,725 Crores in the previous year. The firm also posted its highest ever Q1 Profit After Tax (PAT) at Rs 609 Crores, compared to Rs 594 Crores in the preceding year...

Archidply Decor Posts Financial Results for Q2 FY27; Revenue Stands at 1,105.13 Lakhs Archidply Decor Limited has released its unaudited standalone financial results for the quarter ended June 30, 2026. The company operates within the 'Wood Based Products' segment.The financial results detail revenue and expenditure across multiple periods, including Q2 FY27 (three months), Q1 FY27 (three months ending March 31, 2026), Q2 FY26 (three months ended June 30, 2025), and the full year period of March 31, 2026.The company's total income for the quarter ended 30.06.2026 was reported at 1,146.46 Lakhs, which includes a revenue from operations of 1,105.13 Lakhs and other income of 41.34 Lakhs.Expenditures detailed in the results for the...

Refex Industries Bags Rate Contract for Ash Transportation for Major Road Projects Refex Industries Limited has secured a slab-wise rate contract for ash transportation in connection with road construction projects overseen by NHAI and various Central or State Government Road construction departments, as well as PMGSY Road Project. The contract was awarded by a Maharatna Company (Central Public Sector Enterprise).The agreement, valued at approximately INR 40.83 Crore including GST, involves the transportation of ash from an ash dyke to designated chainages of various government-approved construction sites. These sites include road projects and flyover embankments.The scope of work entails excavation and loading of pond ash using...