Markets

K2 Infragen Appoints Virendra Kumar as Head of HR and Administration to Strengthen Leadership Team K2 Infragen Limited, an organization focused on infrastructure, has appointed Virendra Kumar as Head - HR & Administration. The appointment aims to strengthen the company's leadership capabilities, organizational processes, and workplace culture as K2 Infragen continues its pursuit of sustainable growth in the sector.In his new capacity, Mr. Kumar will be responsible for driving key human resource and administration functions. His focus areas include developing effective people practices, fostering a positive and collaborative work environment, strengthening employee engagement, and supporting organizational efficiency. He will also work...

FDC International Secures UK Marketing Authorisation for Atropine 1.0% w/v Eye Drops, Solution FDC Limited has announced that its subsidiary, FDC International Limited, has successfully received Marketing Authorisation from a leading regulatory body in the United Kingdom. The authorization covers the specialized product, Atropine 1.0% w/v Eye Drops, Solution.The Medicines and Healthcare products Regulatory Agency (MHRA), based in the UK, granted the marketing status for the eye drops manufactured by the FDC subsidiary. This development signifies a key regulatory achievement for the company's portfolio of medical products.FDC Stock Price Movement FDC Limited gained 1.43% in trading today, with shares settling at an indicative close...

Aurobindo Pharma Limited Incorporates Wholly-Owned Subsidiary to Bolster Global and Domestic Operations Aurobindo Pharma Limited has announced the incorporation of a new wholly owned subsidiary, 'Auropharm Overseas Limited,' signaling a strategic move to expand its manufacturing and marketing capabilities across both Indian and international markets. The company incorporated the subsidiary on August 13, 2026.The newly formed entity is dedicated to undertaking comprehensive manufacturing and marketing operations in India and foreign countries. This incorporation positions Aurobindo Pharma to strengthen its market presence through this specialized overseas arm while maintaining full ownership control.Auropharm Overseas Limited falls...

Insolation Energy Reports 105.37% Year-on-Year Revenue Growth in Q1FY27, Backed by 2.1+ GW Order Book Jaipur: Insolation Energy Limited (INA), a fast-growing solar energy company and leading PV module manufacturer, announced its unaudited financial results for the first quarter of fiscal year 2027 (Q1FY27), ending June 30, 2026. The company reported a substantial increase in top-line revenue, driven by steady dispatches across utility-scale, C&I, and distributed solar segments.The results reflect strong operational performance and strategic advancements in the company's growth roadmap.Financial Performance Highlights For Q1FY27, Insolation Energy Limited recorded Total Revenue of ₹745.40 Cr, marking a 105.37% increase year-on-year...

RBI Slaps Monetary Penalty on Madhya Pradesh Rural Cooperative Bank for Compliance Lapse Regulatory Action Taken Against Jilla Sahakari Kendriya Bank The Reserve Bank of India (RBI) has imposed a monetary penalty amounting to ₹2.50 lakh on Jilla Sahakari Kendriya Bank Maryadit, Bhind, Madhya Pradesh. This punitive action was taken following an order dated August 11, 2026, addressing contravention of provisions under the Banking Regulation Act, 1949 (BR Act). The penalty reflects a failure by the bank to adhere to specific statutory requirements set forth by the regulator.The imposition of this fine is carried out in exercise of powers conferred upon the RBI under Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act. This...

KRN Heat Exchanger Reports Strong Q1 FY27 Results with Revenue Growth of 118.86% and EBITDA Surge Rajasthan – August 13, 2026 – KRN Heat Exchanger and Refrigeration Limited, a manufacturer and exporter specializing in aluminium/copper fins, copper tube heat exchangers, water coils, condenser, and evaporator coils, has announced its unaudited financial results for the first quarter of FY27. The company operates within the HVAC&R industry, providing solutions used by OEMs across various sectors.The Q1 FY27 results demonstrate robust growth across both standalone and consolidated segments, reflecting strong demand for their products in both domestic and international markets.Financial Performance Overview (₹ Cr) KRN Heat Exchanger...

Adani Subsidiaries Acquire 100% Stake in Path Highway LLP for INR 91.34 Crore Adani Road Transport Limited (ARTL) and its affiliated entity, Adani Road GRICL Limited, have completed the acquisition of a significant stake in Path Highway LLP (PATH). The transaction saw ARTL acquire 99.99% of the shares while GRICL acquired the remaining 0.01% from Prakash Asphalting and Tolls Highway (India) Limited and Mrs. Neeti Agarwal.The move underscores Adani Enterprises Limited's commitment to expanding its presence within the road infrastructure development industry.Path Highway LLP, which functions as an investment holding vehicle in road infrastructure assets, is in the Roads Infrastructure sector. The acquisition of PATH falls directly in...

Shradha Realty Limited Announces Q1 Results, Reappoints Directors, and Proposes Dividend Shradha Realty Limited, following its Second Board Meeting of Financial Year 2026-2027 held on August 13, 2026, has released the Un-audited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026. The results were reviewed by the company's statutory auditors. Additionally, the Board of Directors approved several key personnel appointments and set crucial dates for the ensuing Annual General Meeting (AGM).The company also proposed a final dividend of Rs. 0.60 per equity share of face value Rs. 2/- (five rupees) for the financial year ending March 31, 2026, subject to shareholder approval in the AGM.Financial...

Premier Explosives Limited Announces 46th Annual General Meeting and Record Date Premier Explosives Limited has announced key dates regarding its upcoming general meeting, setting the timeline for shareholders to attend the 46th Annual General Meeting (AGM) and determine eligibility criteria. The company's Board of Directors approved these decisions during a meeting held on August 13, 2026.The 46th AGM is scheduled to be held on Wednesday, September 30, 2026, starting at 11:30 A.M. Members will have the option to attend the meeting in person or through electronic modes, including Video Conferencing (VC) or other audio-visual means (OAVM).Central to these announcements is the designated Record Date. The company has set Wednesday...

Rashtriya Chemicals Releases Quarterly Results; Board Approves Up To ₹1100 Crore Debt Issuance Capacity Rashtriya Chemicals and Fertilizers Limited (RCF), a Government of India undertaking, announced its unaudited financial results for the quarter ended June 30, 2026. The company’s management reviewed these results, which reflect operational performance across various business segments. Furthermore, the Board of Directors accorded approval for the future issuance of debt instruments.The comprehensive financial data and segmental performance metrics for RCF were released following the Board meeting held on August 13, 2026. The company confirmed that the results are compliant with Indian Accounting Standards (Ind AS).Financial...

Ace Integrated Solutions Announces Unaudited Q1 Results and Approves Key Related Party Transactions Ace Integrated Solutions Limited released its unaudited standalone financial results for the first quarter ended June 30, 2026, alongside a limited review report conducted by statutory auditors. The company’s Board of Directors utilized the results to approve several material related party transactions (MRPTs) and scheduled the upcoming Annual General Meeting (AGM).The board meeting held on August 13, 2026, approved the Q1 financial results, which included a Limited Review Report. The Board also considered and approved the company's 29th Annual Report and the Board's Report for the Financial Year 2025-2026, along with associated...

Touchwood Entertainment Limited Announces Q1 Results and Key AGM Details Touchwood Entertainment Limited has reported its Unaudited Consolidated Financial Results for the quarter ended June 30, 2026, which were approved by the Board of Directors on August 12, 2026. The company also announced key dates related to its upcoming Annual General Meeting (AGM) and confirmed the appointment of a scrutinizer for shareholder voting procedures.The consolidated financial statements reflect the performance of the holding company and its subsidiaries, including MakeMeUp Private Limited, WedAdvisor Solutions Private Limited, and Touchtown Ventures Private Limited.Financial Performance Highlights For the quarter ended June 30, 2026, the company...

Advanced Enzyme Technologies Approves Open Market Buyback of Equity Shares, Sets Maximum Price at ₹500 per Share Advanced Enzyme Technologies Limited (AETL) has approved a buyback of its equity shares through an open market route via stock exchanges. The company’s Board, in a meeting held on August 8, 2026, granted approval for the offer, setting out specific financial limits and operational requirements for the transaction.The resolution permits the purchase of fully paid-up equity shares at a maximum price not exceeding ₹500 per Equity Share (the Maximum Buyback Price). The overall aggregate amount set for the buyback does not exceed ₹697,000,000 (Rupees Six Hundred Ninety Seven Million only).The offer has limits established...

Praj Industries Announces Q1 FY27 Results: Revenue at Rs 7,158 Million and PAT at Rs 116.1 Million Pune, August 13, 2026: Praj Industries Limited today announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a consolidated income from operations of Rs 7,158 million and an order intake totaling Rs 10 billion during the quarter.The results show a positive trend when compared to previous quarters, although the company noted that the external business environment remained uncertain.Q1 FY27 Performance Review Praj Industries' financial metrics for the first quarter of FY27 were strong. Income from operations stood at Rs 7,158 million. Profit Before Tax (PBT) before exceptional items was...

Max Healthcare Institute Reports Q1 Results and Approves Major Capital Expenditure for Hospital Expansion Max Healthcare Institute Limited announced its unaudited financial results for the quarter ended June 30, 2026, alongside several major corporate updates, including approval of a significant capital expenditure aimed at expanding its super speciality hospital in Vaishali. The company also shared updates regarding key management personnel appointments and staff transitions.The Board of Directors approved the consolidated and standalone financial results, which were reviewed by M/s. S.R. Batliboi & Co. LLP, the Statutory Auditors.Financial Performance Highlights For the quarter ended June 30, 2026, Max Healthcare Institute...

Emami Realty Releases Q1 Financial Results for June 30, 2026; Board Approves Outcomes and Dissolves Committee Emami Realty Limited has announced the outcomes of its board meeting held on August 13, 2026. The board approved the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The company also confirmed the immediate dissolution of the Demerger Committee of the Board.The financial results were reviewed by Agrawal Tondon & Co., Chartered Accountants, who issued Limited Review Reports on both the standalone and consolidated statements, providing an unmodified opinion based on their review procedures.Q1 2026 Financial Snapshot (in Lakhs) The company's operating performance for the quarter...

Barak Valley Cements Announces Q1 FY26 Results and Confirms Key Board Appointments ahead of AGM Barak Valley Cements Limited released its unaudited financial results for the first quarter ended June 30, 2026, alongside details of significant board appointments and corporate governance decisions made during a Board meeting held on August 13, 2026. The company also announced key dates for its upcoming 27th Annual General Meeting (AGM).The results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. The results include both standalone and consolidated performance metrics.Financial Performance Snapshot (Quarter Ended June 30, 2026) The company’s operations continued to drive revenue across both...

Vraj Iron and Steel Announces Quarterly Results and Approves Key Director Reappointments Vraj Iron and Steel Limited, formerly known as VRAJ IRON AND STEEL PVT. LTD. & PHIL ISPAT PRIVATE LIMITED, announced the approval of its financial results for the quarter ended June 30, 2026. The company also confirmed key governance actions following a Board meeting held on August 12, 2026.The Board approved the unaudited standalone and consolidated financial results for the period. These results have been subjected to limited review by statutory auditors on the standalone statements.Quarterly Financial Performance (Standalone) For the quarter ended June 30, 2026, Vraj Iron and Steel reported a stable performance across key operational metrics...

Sammaan Capital Reports Strong First Quarter of FY27, Highlights Growth and Technological Focus Post-IHC Infusion Mumbai, August 13, 2026 - Sammaan Capital Limited, one of India's leading non-banking financial companies (NBFCs), reported robust financial results for the first quarter of the fiscal year ending June 30, 2026. This period marked the company's inaugural quarter as part of the IHC Group, a phase characterized by strategic growth and technological enhancement.The company successfully grew its Assets Under Management (AUM) to ₹ 56,239 Crore, up from ₹ 53,160 crore in Q4FY26. During the quarter, Sammaan Capital disbursed ₹ 3,875 crore across five different product lines, indicating diversified growth without reliance on a...

Stove Kraft Limited Expands China Footprint with Wholly Owned Subsidiary and New Joint Venture Stove Kraft Limited has advanced its international expansion strategy in China, successfully incorporating a Wholly Owned Subsidiary (WOS) and establishing a new joint venture focused on manufacturing specialized materials.The company invested CNY 10 Million into the newly incorporated WOS, Guangzhou Jiawo Import & Export Co. Ltd., which was established with a Registered Capital of CNY 20 Million. The investment took place on August 12, 2026. This subsidiary is aimed at trading goods that are required by Stove Kraft Limited and will help secure supply chain control and backward integration for the company.The WOS in China has been set up...