Markets

Subsidiary of Vishal Mega Mart Penalized in Moradabad Court Over Food Safety Violation Vishal Mega Mart Limited’s subsidiary, Airplaza Retail Holdings Private Limited, has received a court order imposing a penalty following a food safety investigation conducted at its store in Moradabad. The penalties relate to the sale of a third-party manufactured product that did not comply with relevant provisions of the Laws.The Court of Additional District Magistrate in Moradabad imposed a penalty amounting to Rs. 1,00,000/- against the Store Manager and the subsidiary following an inspection on April 11, 2025. The violation occurred after a Food Safety Officer collected a sample of 'Ghee', which was manufactured by a third party. Analysis...

Premier Explosives Limited Announces Q1 Unaudited Financial Results for Quarter Ended June 30, 2026 Premier Explosives Limited released its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors approved these results, along with the corresponding Limited Audit Review Report from MAJETI & Co. The results provide a detailed view of the company’s operations across both standalone and consolidated segments for the quarter.The financial statements were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and reflect the business activities within the "High Energy Materials" sector.Standalone Financial Performance For the quarter ended June 30, 2026, Premier Explosives reported...

Solar Industries India Reports Strong Growth in Q1FY27 with Net Sales Reaching 3668 Cr Solar Industries India Limited has released its unaudited financial results for the quarter ended on June 30, 2026. The company reported significant growth across key operational metrics, including net sales, EBITDA, profit before tax (PBT), and profit after tax (PAT) compared to the corresponding period in Q1FY26.The results demonstrate a robust performance trajectory. Net Sales for Q1FY27 stood at 3668 Cr. The company’s profitability showed strong uplifts: EBIDTA reached 1024 Cr, marking an 82% increase compared to the 564 Cr recorded in Q1FY26.The detailed quarterly performance reflects sustained operational improvement and increasing revenue...

Sharda Ispat Ltd Approves Q2 Results, Reappoints Key Directors Sharda Ispat Limited announced the outcomes of its Board meeting held on August 13, 2026, including the approval of unaudited financial results for the quarter ended June 30, 2026, and the reappointment of two key directors. The company provided details regarding the financial performance and corporate appointments in the iron and steel sector.The Board meeting concluded by approving the unaudited financial results for the quarter ending June 30, 2026, which were reviewed by the Statutory Auditors who expressed an unqualified opinion on the findings.Financial Performance Summary The Unaudited Financial Results for the Quarter Ended 30th June 2026 show a range of...

Suraksha Diagnostic Limited Reports Strong Q1 FY27 Results; PAT Jumps 40% YoY Kolkata, August 12, 2026: Suraksha Diagnostic Limited, described as the largest integrated diagnostic chain in East India, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported robust performance across key metrics, with Profit After Tax (PAT) growing by 40% year-on-year, while EBITDA saw a significant rise of 27.9%.The results reflected sustained growth in both operational volumes and revenue realizations during the quarter.Q1 FY27 Financial Performance Overview Suraksha Diagnostic Limited posted steady financial results for the quarter ended June 30, 2026 (Q1 FY27). The company's total income stood at ₹887.33...

Avanti Feeds Reports Consolidated Unaudited Financial Results for Quarter Ended June 30, 2026 Avanti Feeds Limited has announced its unaudited consolidated financial results for the quarter ended June 30, 2026. The results detail performance across various business segments within the aquaculture sector, reflecting operations conducted by the parent company and its subsidiaries and associates.Consolidated Financial Highlights (Q ending June 30, 2026) The Company reported strong revenue from continuing operations. Revenue from operations for continuing operations stood at 1,89,986.47 lakhs, compared to 1,51,520.14 lakhs in the quarter ended March 31, 2026, and 1,60,574.89 lakhs in the quarter ended June 30, 2025.For the period, Net...

Ecoreco Shifts Focus from E-Waste Recycling to High-Value Critical Mineral Recovery Eco Recycling Limited (Ecoreco) has shared a significant update on its strategic direction, positioning the company for the rise of Urban Mining and critical mineral recovery in India. The company noted that its long-term vision is evolving from being an e-waste recycling entity into a comprehensive circular resource recovery platform.During the first quarter of Fiscal Year 27 (Q1 FY27), Ecoreco recorded consolidated financial performance, demonstrating consistent focus on profitability and value creation.The key financial figures for Q1 FY27 are detailed below:Metric ValueRevenue X19.13 croreEBITDA X12.06 croreProfit Before Tax X11.40...

Finkurve Financial Services Reports Strong Q1 FY27 Results; AUM Grows 134.5% as PAT Rises 65.8% Mumbai, August 13, 2026: Finkurve Financial Services Limited (NSE: FINKURVE; BSE: 508954), a leading Tech-first Gold Loan NBFC, announced robust financial performance for the quarter ended June 30, 2026. The company reported significant growth across key metrics, highlighted by Asset under Management (AUM) increasing by 134.5% year-over-year to INR 1,270.4 Cr, while Profit After Tax (PAT) grew by 65.8% year-over-year.Financial and Operational Highlights The Q1 FY27 results reflected strong performance across the company’s core business segments. Total income increased by 89.37% YoY, moving from INR 40.04 Cr in Q1 FY26 to INR 75.82 Cr in Q1...

Tasty Bite Eatables Limited Announces Unaudited Financial Results and Limited Review Report for Quarter Ended June 30, 2026 Tasty Bite Eatables Limited has announced the un-audited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results alongside a Limited Review Report prepared by chartered accountants, Kalyaniwalla & Mistry LLP.The company’s operating performance is reported in connection with its primary business segment: the manufacture and sale of Prepared Foods.Financial Highlights for the Quarter Ended June 30, 2026 The unaudited statements show key metrics across various periods. Total income for the quarter stood at 1,616.40 INR Million, while total expenses were reported at...

Indigo Paints Board Approves Exploring Additional Equity Acquisition in ACIPL Indigo Paints Limited has approved the exploration of acquiring an additional equity stake in Apple Chemie India Private Limited (ACIPL), a subsidiary of the company. This decision was made by the Board of Directors during a meeting held on August 13, 2026.The approval comes in continuation of Indigo Paints' existing investment in ACIPL. The company previously holds a 51% stake in the equity shares of Apple Chemie India Private Limited.The Board has now sanctioned the exploration of purchasing an additional 11% of the equity shares in ACIPL from current shareholders. This potential acquisition is subject to the execution of definitive agreements and...

DCW Limited Appoints Sudarshan Ganapathy as Chief Executive Officer DCW Limited has announced the appointment of Mr. Sudarshan Ganapathy as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP), effective August 13, 2026. Mr. Ganapathy was elevated from his position as Chief Operating Officer (COO).Mr. Ganapathy joins the role bringing over four decades of experience in the Indian chemical industry and possesses a deep understanding of DCW's operations and markets. Having been associated with DCW since 1990, he holds both a Master’s Degree in Chemistry from the University of Mumbai and an MMS in Marketing from Welingkar Institute of Management Development & Research. Prior to his tenure at DCW, Mr. Ganapathy worked with...

Indian Overseas Bank Revises Marginal Cost of Funds Based Lending Rate (MCLR) Effective August 15, 2026Indian Overseas Bank (IOB) has announced revisions to its Marginal Cost of Funds based Lending Rate (MCLR), effective from August 15, 2026. The changes affect various tenors, with most rates seeing a marginal increase.The bank confirmed that the Overnight MCLR and One-Month MCLR will remain unchanged. Meanwhile, for several longer-term facilities, IOB has implemented rate adjustments across different tenors.According to the revised lending structure:Overnight MCLR: The rate remains at 7.90%. One-Month MCLR: This rate is set at 8.25%. Three-Month, Six-Month, One-Year, Two-Year, and Three-Year MCLRs have been revised upwards...

Kanani Industries Approves FY 2025-26 Reports and Schedules 43rd Annual General MeetingKanani Industries Limited has announced several key decisions following a Board meeting held on August 13, 2026. The Board considered and approved the Un-audited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026, along with the Directors Report and Corporate Governance Report for the financial year 2025-2026.The company also decided to convene its 43rd Annual General Meeting (AGM) on Monday, September 28, 2026, at 11:00 A.M., which will be conducted via Video Conference (VC) or Other Audio Visual Means (OAVM). The notice for this AGM pertains to the financial year ended March 31, 2026.Key administrative...

Awfis Space Solutions Reports Q1 FY27 Results; Revenue Climbs 27% YoY, EBITDA Grows 28% Awfis Space Solutions Limited, a major provider of flexible workspace solutions in India, announced its unaudited consolidated financial results for the first quarter ended June 30, 2026. The company reported strong growth across both its co-working and transform segments, with total revenue reaching ₹425 Cr, marking a 27% increase year-over-year (YoY). EBITDA grew by 28% YoY to ₹162 Cr, achieving an EBITDA margin of 38.2%.The company highlighted robust operational performance, bolstered by the growth in its specialized services and prudent financial management.Q1 FY27 Financial Performance Overview The consolidated financial figures for Awfis...

Sun Pharma Advanced Research Files Application to Stock Exchanges for Reclassification Status Change Sun Pharma Advanced Research Company Ltd. (SPARC) has submitted an application to stock exchanges seeking approval for its reclassification status, moving from the 'Promoter Group' category to the 'Public' category. This move follows earlier communications regarding the company's corporate structure changes, dated July 27, 2026 and August 10, 2026.The application, submitted on August 13, 2026, aims to obtain no objection or approval from the stock exchanges concerning this change in classification, as outlined by relevant regulations pertaining to listing obligations.SPARC's move reflects a significant procedural step intended to...

Aditya Infotech Reports Robust Q1 FY27 Results; Achieves 43.3% Market Share in Indian Video Surveillance Segment Noida: Aditya Infotech Limited, a prominent player in India's surveillance technology industry, announced its unaudited financial results for the quarter ending June 30, 2026. The company reported significant year-on-year growth across revenue and profitability, while strategically expanding its manufacturing and R&D footprint.The conglomerate achieved strong consolidated performance for Q1 FY27, driven by sustained demand across its video surveillance portfolio and advancements in localization efforts.Consolidated Financial Highlights for Q1 FY27Metric Value YoY Growth Margin DetailsRevenue ₹ 1,402.4 Cr ▲ 89.5% N/A...

Shipping Corporation of India Announces 76th Annual General Meeting and Dividend Rate The Shipping Corporation Of India Limited has announced key details regarding its upcoming 76th Annual General Meeting (AGM) and specified the dividend rate for its shareholders. The company communicated these details following an event that took place on August 13, 2026.The AGM is scheduled to be held on Wednesday, September 23, 2026, at 1200 hours IST. Shareholders are provided with the opportunity for the meeting through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).The company has also set important dates related to dividend entitlement and e-Voting for the shareholders. The final dividend is set at Re.1 per Equity Share, based on...

LIC Representatives Attend Investors' Meet; Corporate Presentation Made Available Representatives from the Life Insurance Corporation of India (LIC) attended an Investors' Meet on August 13, 2026. The meeting included both group sessions and one-on-one discussions with stakeholders.The corporation confirmed that no unpublished price sensitive information was shared or discussed during the aforementioned meet.A Corporate Presentation from the Investors' Meet is available for review on the official website of the Life Insurance Corporation of India.LICI Stock Price Movement Life Insurance Corporation Of India shares slipped today, settling at ₹412.15 after shedding 1.16% from yesterday's close. The stock traded within a day range of...

Kothari Sugars And Chemicals Limited Announces Unaudited Financial Results for Quarter Ending June 30, 2026 Kothari Sugars and Chemicals Limited (KSCL) has reported its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors reviewed and approved these results during a meeting held on August 13, 2026.The company's consolidated financial performance showed Revenue from Operations at Rs. 8,341.55 lakhs for the quarter ended June 30, 2026. Total Income stood at Rs. 8,711.84 lakhs for the period.Consolidated Financial Highlights (Rs. in Lakhs) The following table provides a summary of the unaudited financial results and related expenses for Kothari Sugars And Chemicals Limited:Particulars Quarter...

Diamond Power Infrastructure Announces Director Appointment and Completes Major PPE Regularization Milestone Diamond Power Infrastructure Limited reported its unaudited financial results for the quarter ended June 30, 2026, concurrently announcing key corporate developments, including the appointment of a new director and the successful regularization of its Property, Plant and Equipment (PPE) records.The Board of Directors of Diamond Power Infrastructure Limited held a meeting on August 13, 2026, to consider and approve the Unaudited Financial Results for the quarter ending June 30, 2026. The company also approved plans concerning its operational structure, including the shifting of its registered office.Corporate Governance...