Recent Update

3i Infotech renewed a one-year application support contract with a leading private sector bank, valued at Rs 13.11 crore, covering April 2026 to March 2027.

Satnam Singh (Promoter group) sold shares off-market; voting rights: 15,83,274 to 34,997.

Provides e-payment services and deals in various payment products.

NIS Management received a Rs. 7.92 crore work order from Odisha government for training and placement of 1,200 rural youth under DDU-GKY project over 24 months.

Waaree received a 739.71 MW solar module order from a leading domestic renewable energy provider for supply in FY27-28.

Brilliant Properties sold 15,03,749 shares (3.08%) of Parle Industries via open market, stake now nil.

SIS bought 2.16% in Updater Services, open market, voting rights from 5.17% to 7.33%. Not promoter.

Marathon Nextgen Realty announces ₹450Cr GDV Sewri residential project via JDA through Sunset Spaces, marking entry into cluster redevelopment. Expands footprint in South Mumbai; complements earlier society redevelopment entry.

Arbitral Tribunal awarded ₹244.09 crore to PNC Infratech for a UP PWD EPC dispute, payable within 6 months, with 9% interest if delayed.

3i Infotech won appeal; CIT(A) deleted ₹34.38 cr transfer pricing adjustment. No immediate cash impact, but preserves carried forward tax losses.

SEBI order against promoters Suresh Venkatachari and R S Ramani for insider trading, imposing a 2-year securities market ban and Rs. 10 lakh penalty each.

Non-promoter acquired 139,751 shares via open market, raising voting rights from 4.94% to 8.41%.

Board meeting on 7 Aug 2026 to consider fundraising via rights issue, public offer, private placement, QIP, or other securities, and to increase authorized share capital if needed.

Power EPC entry: Rs53Cr PGCIL contract. Rail-cum-road bridge order: Rs481Cr share (JV with RVNL). Alcon signalling unexecuted order book Rs200Cr (near-term Rs90Cr).

Chiraharit Limited received a Rs 49 lakh purchase order from Mahindra Susten for supply, installation, and commissioning of an MCS system. The small order size suggests limited financial impact.

Leading Leasing (non-promoter) bought 77.73L shares (3.06%) via open market, stake 7.24%→10.30%.

Salem Erode Investments Ltd. allotted 36,950 unlisted secured redeemable non-convertible debentures of Rs. 1,000 each, aggregating Rs. 3.70 crore on private placement basis. Rs. 3 crore was allotted to its holding company, ICL Fincorp Ltd.

Chairman and Executive Director Arvind Mehta resigned for personal reasons, effective July 31, 2026. First board-level change under controlling promoter Authum, signaling a potential strategic realignment.

Indobell Insulations secured a USD 170,000 export order from GE Vernova for steam turbine insulation blankets, due for execution by March 2027.

Prakash Shah (non-promoter) bought 15K shares (0.50%) of Amarnath Securities Ltd. via open market, holding now 1,59,532 (5.32%).

Zodiac Energy received a Rs 7.12 crore order for a 2 MWp solar plant from a domestic entity.

Catalyst Trusteeship (non-promoter) pledged 51% of Mac Charles; voting rights nil before/after.

Embassy Property Developments Pvt Ltd (promoter) created a pledge of 66,81,537 shares (51% stake) in Mac Charles (India) Ltd with Catalyst Trusteeship as security for Calatheas Developments' debentures. No change in shareholding.

Dr. Reddy's received U.S. FDA approval for its rituximab biosimilar, to be exclusively commercialized by Fresenius Kabi. The approval follows a successful pre-license inspection and strengthens the company's growing global biosimilars portfolio.

Exhicon's exhibition venue pipeline reached 125,000 sqm (25% of India's indoor capacity). A landmark contract from ACMA for 30,000 sqm at Yashobhumi for Bharat Mobility Global Expo 2027 will be completed by January 2027. Over 60,000 sqm of pipeline targeted for FY27 completion.

Q1 FY27 Consolidated Results YoY: Revenue at 169 Cr vs 118 Cr, up 43.3%. EBITDA at 142 Cr vs 98.3 Cr, up 44.0%. EBITDA Margin at 83.9% vs 83.5%, expansion of 40bps. PAT at 101 Cr vs 87.7 Cr, up 15.5%; includes one-time warrant forfeiture income of 24.36 Cr. Financial Activities segment drove performance with 52% profit growth while Investment Manag

Aarti Drugs announced Chairman, MD & CEO Prakash Patil will retire effective Sep 30, 2026. Rashesh Gogri becomes Chairman (continuing as MD), and CFO Adhish Patil appointed Managing Director from Oct 1, marking a planned leadership transition to strengthen governance and ensure strategic continuity.

CleanMax posted record 0.53 GW Q1 commissioning, on track for 1.5 GW FY27 target. Introduced FY28 minimum EBITDA guidance of ₹3,000 Cr (2.3x FY26), driven by data center demand, BESS pipeline, and lower cost of debt at 8.4%.

Afcons won two urban infra projects totaling ~₹900 Cr in July 2026, supporting its FY27 ₹30,000 Cr order inflow target amid weak historical order booking.

Zee Entertainment shareholders approved fund-raising via warrants to promoter group entity, who will invest ₹3,143.5cr, raising total promoter stake to 23.79%; also approved ESOP granting 3.74cr stock options.

Chairman & CEO Prakash M. Patil to retire early on Sept 30, 2026. Rashesh Gogri becomes Chairman, Adhish Patil (CFO) appointed Managing Director. Board also re-appoints independent directors and reconstitutes committees.

Greaves Electric Mobility (material subsidiary) has shelved its IPO and allowed SEBI observations to lapse. It will instead pursue a rights issue to fund business initiatives and capital expenditure.

Genesys International Corp announces a rights issue of 2.50 crore shares at Rs.50 each (3:5 ratio), raising Rs.125.4 crore. Funds will support working capital (Rs.88 crore) and adjust Rs.14.9 crore of promoter loans. Promoter to fully subscribe. Deep discount to market price aims to strengthen the balance sheet.

Revenue Jumps, Profit Doubles PAT at Rs 0.5 Cr in Q1 FY27, +114.2% YoY. Revenue at Rs 35.2 Cr in Q1 FY27, +32.2% YoY. EBITDA at Rs 2.0 Cr, +41.1% YoY. EBITDA margin at 5.8% vs 5.4%. Order book of Rs 114 Cr; UHP project under trial production, expected to commence within the year. Management cited increased energy cost impact. Board approved Rs 27.5

RBI approved perpetual validity of Paul Merchants' AD Category-II license, replacing annual renewal, ensuring continuity of its core money changing business.

CFO Marc Dumont stepped down effective July 31, 2026, to become CFO of another John Cockerill Group company. A successor will be appointed based on Nomination and Remuneration Committee recommendation.

FY27 capex Rs250Cr (was Rs125Cr); FY28 rev >Rs1600Cr; MNC commercialization Q1FY28; WC 143 days; 30-40% annual growth guide

FY27 guidance rev ₹1,400-1,500Cr, EBITDA ₹525-575Cr, D/E 0.72x; FY28 rev ₹1,800-1,900Cr. Order book ₹1,253Cr. KSA EBITDA-positive. Qatar entry. Capex ₹652Cr, 14% deployed.

Board approved preferential issue of up to 13,98,000 warrants convertible into equity shares at Rs 126.50 per warrant to promoter and promoter group and non-promoters, aggregating up to Rs 17.68 Cr. The board also deferred approval of the unaudited financial results for the quarter ended June 30, 2026, due to unavoidable circumstances.

NCLT sanctioned the amalgamation of Royal Spinwell and Developers into Royal Cushion Vinyl Products, effective October 1, 2021. The scheme consolidates adjacent land parcels in Vadodara for better monetization, with the transferee issuing equity and NCRPS to the transferor’s shareholders.

Certain promoter group entities sold 18.47 lakh shares (4.9% stake) to Kotak Mutual Fund via a block trade for ~₹166 Cr, reducing promoter holding to 69.90%. No fresh equity was issued.

Supreme Court upheld the 2017 Notification and restored OMDC's Belkundi EC proposal for reconsideration, removing the legal bar. MoEFCC's Expert Appraisal Committee had already recommended approval, subject to lease renewal and other conditions.

Chiraharit Limited received two purchase orders worth ₹1.20 crore from SAEL Industries for supply, installation, testing, and commissioning of PV module cleaning systems in Gujarat.

Promoter group entities Pawan Kumar Mittal and Rukmani Devi Mittal sold 2,20,000 shares of Adishakti Loha and Ispat Ltd via open market.

Rights issue of 2.50 Cr shares at Rs 50 each (total Rs 125.37 Cr). Ratio 3:5, record date Aug 6, 2026. Issue opens Aug 14, closes Aug 21.

CEO & Whole-time Director Arun Misra ceased to hold office on July 31, 2026, upon completion of his tenure. No successor was announced.

IIRM to raise up to ₹150Cr via preferential issue of shares and warrants to Carpediem Capital Partners Fund II and others, granting board seat and protective rights; no change in control.

Board approved a rights issue of partly paid equity shares up to ₹150.79 Cr for public shareholders to meet minimum public shareholding norms. Also cleared shifting registered office to Hyderabad and set AGM on 5 September 2026.

WSFx Global Pay received a perpetual Authorised Dealer Category-II licence from RBI, expanding its scope to include trade remittances, forex correspondent appointments, and non-trade current account transactions, strengthening its cross-border payments business.

NCC received three orders totaling Rs.1,052.71 Cr in July 2026 (Buildings Rs.590.38 Cr, Water Rs.462.33 Cr) in normal course of business.