Recent Update

Astral Limited withdrew the proposed demerger of its chemicals business after an independent review advised against it at the current scale. The board will reconsider once the chemicals business achieves greater size and financial strength.

Board decided to withdraw the Composite Scheme of Arrangement proposed in June 2026 for demerger of the Chemical business, citing insufficient scale. The demerger may be reconsidered once the business achieves greater financial strength.

Panyam Cements' CFO, P V N L Anil Kumar, has resigned effective 25 August 2026, citing personal reasons and to pursue external opportunities.

Steelcast reported Q1FY27 revenue of ₹124.8 Cr (+17% YoY) with PAT ₹23.7 Cr. EBITDA margin stable at 28%. Board approved a greenfield foundry of 8,500 tons capacity at ₹120 Cr investment, funded internally. Declared interim dividend of ₹0.45 per share.

Ameenji Rubber secured a Rs 47.46 crore LOA from Eastern Railway to supply Composite Grooved Rubber Pads over 18 months.

Board approved redemption of 95% of existing NCDs worth Rs 23.75 Cr and issuance of new secured NCDs aggregating Rs 30 Cr on private placement. Appointed Catalyst Trusteeship as trustee and Credora Partners as merchant banker for the issuance.

Capex Expansion, Margins Hold PAT at Rs 23.7 Cr in Q1 FY27, +19.3% YoY. Revenue at Rs 125 Cr in Q1 FY27, +17.0% YoY. EBITDA at Rs 35.2 Cr, +17.4% YoY. EBITDA margin at 28.2% vs 28.1%; cost of materials consumed grew 46% vs revenue growth of 17%. Board approved greenfield foundry of 8,500 tons capacity with investment of Rs 120 Cr, to be completed b

India's 1st commercial DME plant (100K TPA) commissioned; FY27 vol growth guided 10-15%, EBITDA margin target 22-23%; NMM, ACN on track.

India Pesticides Limited received registration approval for a fungicide formulation in Morocco, marking its entry into the Moroccan agrochemical market.

Revenue Dip, Profit Soars PAT at Rs 15.7 Cr in Q1 FY27, +51.7% YoY. Revenue at Rs 180 Cr in Q1 FY27, -21.1% YoY, reflecting higher software mix (agent model) as gross sales billed grew 5.7% to Rs 641 Cr. EBITDA at Rs 24.0 Cr, +39.2% YoY. EBITDA margin at 13.4% vs 7.6%; no one-off disclosed, expansion appears operational. CEO Shrikant Shitole resign

Sanjeev Goel (promoter) pre 34.98L (19.05%), post 47.56L (25.90%), off-mkt buy Bus Excellence Fund II.

Delhi High Court dismissed GCD Prime's petition to stay DCM's termination of the Hisar land development JDA. The court found no prima facie case for the developer, reinforcing DCM's termination. Arbitration proceedings are ongoing.

K-Lifestyle's 11th CoC meeting revealed an impersonation incident leading to an FIR. The RP agreed to waive ~₹1.31cr in fees, cutting CIRP costs. A 90-day CIRP extension was sought. The CoC expressed confidence in the RP despite a pending disciplinary order, voting against his replacement.

BL Kashyap won a ₹91.57 Cr contract from Embassy Development for civil and structural works on Verde Phase II, Bengaluru, to be executed over 17 months.

Q1 FY27 Consolidated Results YoY: Revenue at 1589 Cr vs 944 Cr, up 68.3%. EBITDA at 177 Cr vs 103 Cr, up 72.1%. EBITDA Margin at 11.1% vs 10.9%, expansion of 20bps; material costs grew 93.1% vs revenue growth of 68.3%. PAT at 106 Cr vs 49.9 Cr, up 111.7%. Board approved fundraise via QIP of up to 1000 Cr.

Board meeting on August 3, 2026 to approve Q1FY27 financial results and consider raising funds through Qualified Institutions Placement of equity shares, subject to shareholder approval at the ensuing AGM.

Tata Chemicals' Kenya subsidiary TCML has been directed to suspend mining and export of soda ash, a first such suspension, pending compliance review. The company asserts full compliance and is evaluating options. Financial impact is currently unquantified.

Offers light, intermediate, heavy trucks and buses for cargo/passenger transport.

Acquisition of Mahindra Truck & Bus Division on slump sale for INR525Cr; combined revenue target INR12,500Cr by FY31; completion by end-FY27.

Board approved acquisition of Mahindra Truck & Bus Division from M&M on slump sale basis for Rs 525 Cr, consolidating Mahindra Group's CV businesses under SML. Creates a unified portfolio across light, intermediate, heavy trucks and buses. Expected to close by Jan 2027, subject to shareholder approval.

Reliance Infrastructure received a unanimous arbitral award of ₹157.64 crore plus interest from MMRDA for subordinated debt to its distressed Mumbai Metro JV (MMOPL).

Board meeting on Aug 5, 2026 to approve Q1 FY27 unaudited financials, a stock split of Rs 5 face value shares, and a bonus share issue, both subject to shareholder approval.

NCL Research board approved entry into digital personal loans and plans a fintech software subsidiary. The diversification aims to generate recurring income, improve return on capital, and tap India's growing retail credit market, pending regulatory approvals.

Shayona Engineering received a Rs. 3.53 crore purchase order for stainless-steel welded pipes from a domestic customer.

Gland Pharma received USFDA approval for Sugammadex Injection, a generic of Bridion (US sales $1.6B). The product was launched on Day 1 through its marketing partner.

Career Point Edutech secured two work orders worth Rs 35.75 crore from Maharashtra government's MAHAJYOTI to provide online coaching for JEE, NEET, CET to 6,500 students over two years, with possible extensions.

ASI Industries sold its entire 0.068% stake in Lloyds Engineering Works via open market. The company states the sale has no material impact on financials or operations.

Kreon Q1 FY27 revenue up 46% YoY, PAT surged to ₹4.75cr (+1219%) aided by growth & ECL change. StuCred disbursements +18.5% QoQ. Management upbeat on fintech transformation.

Pro CLB Global executed a strategic investment agreement with K Globes Digital Media, enabling up to INR 30 Cr investment for a potential 90% stake in tranches to expand into TV, digital, and print media.

Dividend Gap Hits Profit PAT at Rs 3.3 Cr in Q1 FY27, -90.6% YoY; prior year PAT boosted by ~Rs 8.6 Cr one-time tax write-back. Revenue at Rs 5.4 Cr in Q1 FY27, -81.5% YoY; nil dividend vs Rs 22.8 Cr last year. EBITDA at Rs 4.6 Cr, -83.9% YoY. EBITDA margin at 84.1% vs 96.3%. Board approved MOA amendment to add renewable energy generation and propo

Q1 FY27 Results YoY: Revenue at 5.4 Cr vs 29.3 Cr, down 81.5%; nil dividend income this quarter vs ₹22.8 Cr in base quarter drove the decline. EBITDA at 4.6 Cr vs 28.2 Cr. EBITDA Margin at 84.1% vs 96.3%, contraction of 1220bps. PAT at 3.3 Cr vs 35.4 Cr; base quarter PAT included a one-time tax provision write-back of ₹8.6 Cr. Board approved amendi

Catalyst Trusteeship (non-promoter) pledged 1,67,59,750 shares (25.56%) on 25-Jun-2026; total encumbrance now 2,01,11,700 (30.67%). No voting rights acquired.

Renaissance Global opened its third Jean Dousset store in San Francisco. Plans to add four more, targeting seven stores by FY27, each generating Rs 20-25Cr. CEO announced ambition of Rs 1,000Cr D2C business by FY29.

Approved preferential issue of up to 1.16 Cr convertible warrants at Rs 32.20/warrant, raising ~Rs 37.4 Cr. Authorised capital hiked to Rs 16.75 Cr. Also executed shareholders' agreement with K Globes Digital Media and shifted registered office within Delhi.

Board approved increase in authorized capital to Rs 16.75 Cr and issue of up to 1.16 Cr convertible warrants at Rs 32.20 per warrant to 140 investors, total ~Rs 37.4 Cr. Also borrowing limits, registered office shift, shareholders' agreement with K Globes Digital Media. Subject to shareholder approval via postal ballot.

Motivity Labs (subsidiary) secured multiple POs from Google LLC worth ~$1.21M for data engineering & analytics, expected to boost revenue and deepen the strategic relationship.

ACME Solar raised INR 3,404.57 crore from PFC for 250 MW FDRE project, sole lender, 19-year tenor. Takes FY funding to INR 6,051 crore. Project has NHPC PPA at INR 4.33/unit, commissioning next year.

Inox Wind secured a repeat 200 MW turnkey order from NLC India worth ~₹1,600 Cr, to be commissioned in 24 months. Order book now stands at 4.7 GW, providing strong revenue visibility.

DIACABS closed its QIP, raising ₹1,615 Cr via 7.11 Cr shares at ₹227 each. The capital raise is crucial to meet MPS norms and strengthen the balance sheet.

Provides data analytics, software development, and AI-driven investment research tools.

Board approved acquisition of 100% stake in Giskard Datatech Private Limited for cash consideration not exceeding ₹121.57 Cr plus preferential issue of 20.5 lakh equity shares via share swap. Giskard is a data analytics firm with turnover ₹15.74 Cr. The acquisition aims to strengthen digital investment ecosystem.

Board approved resignation of Whole-time Director Deepak Kukreti (to be engaged as consultant at Rs 12.5L/month) and three other directors including two independent directors. Appointed Dinabandhu Mohapatra as independent director and K. Ranganayakamma as non-executive director. CFO changed.

Ameenji Rubber Limited's CFO Tejaswini Kandra resigned effective July 28, 2026, citing personal reasons. No successor has been named.

Pravin Kumar Shishodiya and Punit Shishodiya announce mandatory open offer for 26% of Ramgopal Polytex at INR 17.10/share, triggered by their 45.46% stake buy from promoters at INR 9/share. Total open offer value INR 6.45 crore.

Board approved final dividend of Rs 110 per share (@1100% on face value) for FY26, subject to shareholder approval. Record date: August 1, 2026.

Career Point Edutech secured a ₹17.6 crore work order from Maharashtra's MAHAJYOTI to provide online coaching for 3,500 students for JEE/NEET/CET exams over two years, with possible annual extensions.

Board accepted resignation of CEO Chetan Jayantilal Chauhan effective July 27, 2026. He cited personal reasons and other commitments. No other material agenda items discussed.

Goswami Infratech (promoter) created pledge on 9.21Cr shares (25.03%) of Afcons for debentures.