Markets

Birla Estates Enters Navi Mumbai Market with Vashi Redevelopment Project Valued at ₹2,600 Crores in Revenue Birla Estates Pvt. Ltd., a wholly owned subsidiary of Aditya Birla Real Estate and part of the Aditya Birla Group, has announced its strategic entry into the Navi Mumbai market through the redevelopment of Shiv Sai Co-operative Housing Society in Vashi. The project, undertaken jointly with an affiliate of Priyanka Group, a reputed developer in Navi Mumbai, holds a total revenue potential of approximately ₹2,600 crores.The development focuses on prime real estate within Vashi and covers a land parcel spanning 3.06 acres (approximately 12,382 sq.mts). The project is slated to deliver premium and luxury residences. Its advantageous...

Supreme Power Equipment Approves Q2 Results and Reconstitutes Board Committees Supreme Power Equipment Limited announced key corporate governance changes, including the appointment of a new director and the resignation of a non-executive director. The company also reported its unaudited financial results for the quarter ended June 30, 2026, across both standalone and consolidated formats. Management also confirmed the status of funds raised from the Preferential Issue of Convertible Warrants.Board Decisions and Personnel Changes During a meeting held on August 13, 2026, the company's Board of Directors approved several significant business matters.The board took on record the resignation of Mr. Devaraja Iyer Krishna Iyer, who...

ADS Diagnostics Ltd Approves Unaudited Financial Results for First Quarter of FY27 ADS Diagnostics Limited has released its unaudited standalone financial results for the first quarter ended June 30, 2026. The Board of Directors approved these results at a meeting held on August 13, 2026.The company operates in the business of "Trading of diagnostic medical consumables & electronic consumables, servicing of medical equipments & machines," and maintains a single reportable segment according to Ind AS 108 "Operating Segments."Financial Performance Snapshot (All figures in Rs. Lakhs) The financial statement details provide insights into operating income, expenses, and profitability for the quarter ended June 30, 2026, compared against...

Honasa Consumer Reports Quarterly Financial Results; details on acquisition and legal proceedings revealed Honasa Consumer Limited has announced its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The Board of Directors approved these results, which include updates on corporate strategy, a major acquisition, and ongoing international litigation.The company's principal business revolves around trading various beauty and personal care products, encompassing baby care, skin care, hair, and other related categories, most of which are manufactured through third-party contract manufacturers.Financial Performance Summary (Quarter Ended June 30, 2026) The results for the quarter ending June 30...

TCS and Vodafone Forge Strategic Partnership to Drive AI-Led Digital Transformation in UK Enterprises Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has announced a major strategic partnership with Vodafone Business, the enterprise division of Vodafone. This synergy aims to accelerate digital transformation, unlock new opportunities, and deliver stronger outcomes for enterprises across the United Kingdom.The collaboration is focused on helping customers modernize their technology infrastructure, speed up digital adoption, reduce operational complexity, and scale their operations successfully. The scope of partnership covers several priority areas, including cloud transformation and...

Weizmann Limited Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Weizmann Limited has adopted and approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. These results, along with the Limited Review Reports of the Statutory Auditors, were presented during a Board meeting held on August 13, 2026.The Company is primarily involved in the processing and manufacture of textiles, operating within one business segment as per Ind-AS 108. The unaudited results have undergone limited review by the Statutory Auditors, who confirmed that nothing had come to their attention that suggested a material misstatement in the accompanying statements.Standalone Financial Results...

RBI Slaps ₹1.80 Lakh Penalty on Valuefin for Non-Compliance in Shareholding Acquisition The Reserve Bank of India (RBI) has leveled a monetary penalty against Valuefin India Credit Services Private Limited following deficiencies in regulatory adherence. The imposition, detailed by the central bank, relates to the company's failure to comply with specific directions regarding the acquisition of shareholding or control.The RBI ordered the penalty on August 11, 2026. The action is taken in exercise of powers granted under Section 58G(1)(b) read with Section 58B(5)(aa) of the RBI Act, 1934.Details of Regulatory Non-Compliance The penalty was levied against Valuefin for failing to secure prior written permission from the RBI. This...

Hexagon Nutrition Reports Strong Q1 FY27: Revenue Rises 43.2% to ₹104.3 Crore, PAT Grows 25.1% Hexagon Nutrition Limited has announced its financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), ending June 30, 2026. The company reported a significant increase in revenue from operations and notable growth in profitability, driven by demand across various nutrition solutions.The company recorded revenue from operations at ₹104.3 crore in Q1 FY27, marking a 43.2% year-on-year (YoY) surge compared to the ₹72.9 crore reported in Q1 FY26. Gross Profit stood at ₹45.8 crore, representing a 34.1% increase from ₹34.1 crore in the prior period.Financially, Hexagon Nutrition maintained momentum across all metrics. Earnings...

GANESH HOUSING Recommends Final Dividend of ₹1.50 per Share; Shareholders Alerted on TDS Applicability GANESH HOUSING LIMITED, formerly known as Ganesh Housing Corporation Limited, announced a recommendation for a Final Dividend amounting to ₹1.50 per Equity Share. This dividend pertains to the Financial Year 2025-26 and is based on a face value of ₹10 per equity share. The Board of Directors recommended this payment during a meeting held on May 29, 2026, subject to shareholder approval at the ensuing Annual General Meeting (AGM).As stipulated by the Income Tax Act, dividends distributed by the company are taxable in the hands of shareholders. Consequently, the company is required to deduct tax at source (TDS) for Tax Year 2026-27...

SEBI Overhauls Accredited Investor Framework: Market Asset Criterion and Global Inclusivity Set to Spark AIF Boom SEBI Launches Comprehensive Review of Accredited Investor Framework The Securities and Exchange Board of India (SEBI) has released a significant Consultation Paper aiming at the comprehensive review of the existing Accredited Investor (AI) framework. This move comes after gathering suggestions from various stakeholders, guided by recommendations from SEBI's Alternative Investment Policy Advisory Committee (AIPAC).The proposed changes signal a major effort to modernize and expand access within India’s growing Alternatives investment ecosystem. The initiative seeks robust public feedback before implementing these...

Seasons Textiles Ltd Approves Unaudited Q1 Results and Notes Independent Auditor's Review Seasons Textiles Limited has approved its unaudited standalone financial results for the first quarter ended June 30, 2026. The company’s Board of Directors took these decisions during a meeting held on Thursday, August 13, 2026.The board also reviewed and recorded the Independent Auditor's Limited Review Report concerning the unaudited financial results for the quarter ended June 30, 2026.Financial Highlights (Qended 30-06-2026) Seasons Textiles Limited released its Q1 results as per Indian Accounting Standards (Ind AS). The unaudited figures indicate key operational data for the period ending June 30, 2026.The financial performance metrics...

Gujarat Raffia Industries Limited Approves Unaudited Financial Results for Quarter Ended June 30, 2026 Gujarat Raffia Industries Limited has approved its un-audited financial results and limited review report 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 management has prepared the statement in accordance with Indian Accounting Standard 34 (Ind-AS 34) and relevant rules under the Companies Act, 2013. The independent auditor conducted a limited review of the financial information.According to the documents reviewed by the Audit Committee and approved by the Board, the company's financial performance for the quarter includes key...

Waaree Energies Subsidiaries Sign Agreements with Ultratech Cement for Project Development Waaree Forever Energies Private Limited (WFEPL), a wholly-owned subsidiary of Waaree Energies Limited, along with its further subsidiary Solaris Horizon Energy Private Limited (SHEPL), has entered into significant agreements with Ultratech Cement Limited (UCL). These agreements include an Energy Supply Agreement (ESA) and a Share Subscription and Shareholders' Agreement (SSHA).The transaction involves UCL subscribing to equity in SHEPL while also establishing the framework for the supply and offtake of electricity generated by the project undertaken by SHEPL.Details provided regarding the partnership and the operational setup are as follows...

Shivam Autotech Approves Q1 Results and Greenlights Major Share Capital Increase Board meetings for Shivam Autotech Limited saw the approval of its unaudited financial results for the quarter ending June 30, 2026. In addition to reviewing performance metrics, the Board also accorded approvals related to corporate structure, including a significant increase in the authorized share capital and the re-appointment of a director, subject to shareholder consent at the upcoming Annual General Meeting (AGM).The results for the quarter ending June 30, 2026, were approved by the Board of Directors. Management noted that despite incurring a net loss for the quarter, the Company generated an EBITDA of Rs 792.05 lakhs and met all its debt...

Sharika Enterprises Secures Rs 10.42 Crore Order for LED Street Lighting in Punjab Sharika Enterprises Ltd has secured a significant work order from the Punjab Energy Development Agency, a state government undertaking, valued at Rs 10,42,38,292/-. The contract involves the design, supply, installation, and commissioning of 12watt LED based SPV Street Lighting Systems across the State of Punjab.The agency has awarded the work order to Sharika Enterprises Ltd for the aforementioned project. This domestic contract is set to be completed within a timeframe of 120 days.Details regarding the contracted work are as follows:Particulars DetailsEntity Awarding Contract Punjab Energy Development AgencyNature of Contract Work Order...

Karma Energy Limited Announces Unaudited Financial Results for First Quarter Ended June 30, 2026 Karma Energy Limited has released its un-audited financial results for the first quarter ended June 30, 2026, along with a limited review report from the auditors. The company, which specializes in the generation of power from renewable sources, provided insights into its performance across various segments and metrics during the period.The results were approved by the Company's Board of Directors. The unaudited statements have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013.Financial Performance Highlights for Q1 FY26 The Statement of Financial Results details...

Brawn Biotech Ltd Approves Un-Audited Financials for Quarter Ended June 30, 2026; Recommends Statutory Auditor Appointment Brawn Biotech Limited announced the outcomes of its Board meeting held on August 13, 2026. Key decisions included the approval of un-audited financial results for the quarter ended June 30, 2026, and the recommendation to appoint M/s GD S M and Co, Chartered Accountants, as the Statutory Auditors of the Company.The Board meeting also considered and approved the Board's Report for the financial year ending March 31, 2026. Furthermore, the company approved the convening of its 41st Annual General Meeting (AGM) via Video Conferencing (VC)/Other Audio-Visual Means (OAVM) on Tuesday, September 29, 2026.Statutory...

Financial Lifeline: How PM YASASVI Scholarship Enables Rural Aspirant to Excel in B.Tech Engineering Access to quality higher education remains a critical determinant for future opportunities in India. However, financial constraints often present insurmountable barriers for students hailing from low-income backgrounds. The journey of Prince Yadav, a 19-year-old student, illustrates how targeted scholarship support can dismantle these economic hurdles and pave the way for specialized professional careers.Overcoming Economic Barriers to Pursue Engineering Dreams Prince Yadav, belonging to the Other Backward Class (OBC) category, faced significant financial strain while pursuing his Bachelor of Technology degree at Maulana Azad National...

V.S.T. Tillers Tractors Approves New Auditor and Releases Quarterly Financial Results V.S.T. Tillers Tractors Limited reported its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. Additionally, the Board of Directors approved the appointment of M/s. Brahmayya & Co as the Statutory Auditors of the Company.The Board meeting, held on August 13, 2026, confirmed the selection of M/s. Brahmayya & Co (Firm Registration No. 000515S) as the company's Statutory Auditor. This appointment is subject to approval by the members at the forthcoming 58th Annual General Meeting and covers a term of five consecutive years, starting from the conclusion of the 58th AGM until the 63rd AGM.Financial Performance...

JHS Svendgaard Retail Ventures Reports Q1 Results; Announces Board Appointments and Infrastructure Investment JHS Svendgaard Retail Ventures Limited (JSV) announced its financial results for the quarter ended June 30, 2026, alongside several key corporate governance updates, including the appointment of new Independent Directors. The company also detailed a strategic investment in Purple Rock Infra Private Limited.The Board of Directors, during its meeting on August 13, 2026, approved the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with limited review reports from statutory auditors. The company also made necessary rectifications to consolidated financial results pertaining to...