Recent Update

Promoters' entire 44.06% stake is now free of encumbrances after the NDU on 88.65% of promoter shares was released, following repayment of the Rs 550 crore Kotak working capital facility. The move underscores the company's improving financial health.

Rajesh Power Services received a Rs. 75.05 Crores turnkey order from RVPNL for a 132/33 kV GIS substation and transmission line in Jodhpur, to be executed in 18 months.

Associate EIM executed an agreement with HPCL to set up fast charging and battery swapping for heavy commercial vehicles at HPCL outlets nationwide. Phase 1 targets key freight corridors in 18–24 months, with 40 swap-cum-charge stations planned by March 2027. EIM already operates six heavy-duty swap stations.

Welspun Corp receives Rs 960 Cr order for US coated line pipes, lifting global order book to a record Rs 25,750 Cr, strengthening revenue visibility for FY27-28.

Sigma Advanced Systems secured a USD 104.9 million (INR 1,013 Cr) export order from a North American customer for 155mm base bleed artillery shells, to be executed in 6-12 months. The order is margin accretive and marks the company's first major defence manufacturing contract.

Q1FY27 consolidated net profit up 23% YoY to ₹36.7 crore, led by strong broking and trading. Insurance broking revenue grew but profit dipped. Board approves NCD public issue up to ₹150 crore.

Q1 FY27 Consolidated Results YoY: Revenue at 515.1 Cr vs 424.9 Cr, up 21.2%. EBITDA at 107.5 Cr vs 100.8 Cr, up 6.6%. EBITDA Margin at 20.9% vs 23.7%, contraction of 280bps; fees and commission expense grew 31.4% vs revenue growth of 21.2%. PAT at 36.7 Cr vs 30.0 Cr, up 22.7%. Insurance broking revenue surged 44.3% but segment profit declined 32.3%

Transworld Shipping Lines signed an MOA to sell vessel M.V. SSL Visakhapatnam for US$3.08 million to Last Voyage DMCC.

Waaree Renewable Technologies received two LOAs for 800 MWac/1,082 MWp ground-mounted solar EPC projects from a leading Indian renewable energy company, scheduled for completion in FY28. The order significantly expands the existing 2.83GW order book and reinforces growth momentum.

Hirect secured a maiden ₹60 Cr order from MCF/Indian Railways for propulsion systems for 4 MEMU trainsets, to be executed within 24 months.

Mamata Machinery's Ahmedabad plant suspended operations due to severe flooding from heavy rains. Water is receding but normal operations will take a few days to resume. The company is assessing the impact; all assets are adequately insured.

Hirect secured its first development order for Vande Metro trainsets from Indian Railways, worth ~₹60 Cr to be executed within 21 months.

3i Infotech won a 3-year, Rs. 4.83 crore order from ONGC Petro additions for IT facility management. The contract is below materiality threshold, voluntary disclosure.

Maruti Global received a Rs. 5.9 Cr sub-contract work order from MSN Laboratories for civil works, expected to positively impact operations.

Consolidated Q1 FY27 total income rose 40% YoY to ₹9.44 Cr; net profit up 52.7% to ₹4.88 Cr; EBITDA up 60% to ₹7.42 Cr. Announced partnerships with Credila, AU Small Finance Bank, and 32 EWA corporate tie-ups.

IVP's appeal against a Mumbai Port Authority estate officer's order succeeded; the court quashed the order and remanded the matter for fresh adjudication. This removes an immediate adverse ruling, positive for the company.

Shayona Engineering received a Rs. 99.35 lakh domestic purchase order for engineering components, to be executed within 45 days.

Board approved AGM on 21 Aug 2026. Key proposals for member approval: increase authorised capital to Rs 100 Cr, change of company name, expansion of main objects, borrowing and investment powers, and creation of security. Re-appointed MD Himalay Dassani. Appointed Priyanka Tiwari as woman director and Arvind Baid & Associates as statutory auditor.

Monarch Surveyors secured a Rs 6.40 crore contract from the Bihar government for town planning schemes in greenfield satellite townships, strengthening its project pipeline.

Carya Chemicals & Fertilizers, a material subsidiary, received Consent to Operate for its 125 KL/day grain-based distillery unit at Baran, Rajasthan. Commissioning is at an advanced stage; trial runs are expected within 4-6 weeks.

Q1 FY27 Standalone Results YoY: Revenue at 17.2 Cr vs 2.1 Cr, up 720.6%. EBITDA at 6.9 Cr vs 0.7 Cr, up 867.1%. EBITDA Margin at 40.4% vs 34.3%, expansion of 610bps. PAT at 5.4 Cr vs 0.3 Cr, up 1844.7%. Other Income at 6.4 Cr vs 2.4 Cr, up 168.7%. Solar Products segment revenue surged to 17.1 Cr from 2.1 Cr, the key driver while Renewable Energy re

Neueon secured ₹150 crore orders from Elcom Innovations for tactical communication equipment supply over 12 months.

The Enforcement Directorate has filed a Prosecution Complaint against Hampton Sky Realty and its promoter Sanjeev Arora under the Prevention of Money Laundering Act. The company is contesting the allegations, and financial implications are currently unascertainable.

Board approved raising up to ₹93.15 crore by issuing 6.21 crore convertible warrants on a preferential basis at ₹15 per warrant to 53 investors, subject to shareholder nod at the EGM scheduled for August 20, 2026.

Board re-designated Mr. Hiren Dhirajlal Shah from Additional Executive Director to Chairman and Managing Director, subject to shareholder approval at the Extra-Ordinary General Meeting on August 20, 2026.

Orient Technologies received a ₹76.20 Cr purchase order from NPCI for server supply with 7-year OEM-backed warranty. This reinforces its IT infrastructure capabilities.

Board approved increase in authorized share capital to Rs 50 Cr, acquisition of 19.5% stakes in Startech Infralogistics and Peepal Mining for Rs 42.49 Cr and Rs 38.83 Cr respectively via share swap (issue of 4.06 Cr shares at Rs 20 each). MD & CFO resigned; new Executive Director & CFO appointed. EOGM on Aug 21.

Board approved increase in authorized share capital from Rs 7 Cr to Rs 17 Cr, and preferential issue of 3,48,837 warrants to promoters/relatives (Rs 21 Cr) and 12,99,143 equity shares to non-promoters (Rs 78.2 Cr), each at Rs 602 per share (face value Rs 10).

RBI authorized AvenuesAI (GoWallet) to issue and operate prepaid payment instruments, clearing the regulatory path for its GoWallet wallet launch.

Board approved raising up to Rs 35 Cr via issuance of Non-Convertible Debentures on private placement basis in one or more tranches. No other material agenda items discussed.

Board approved a preferential issue of up to 13.73 lakh equity shares and 2.49 lakh warrants at Rs 2,002 each, aggregating up to Rs 325 Cr. Allottees include Valuequest, HDFC Mutual Fund, Minosha India, and promoter Deepak Chaudhari (warrants). EGM to be held on August 20, 2026.

Q1FY27 standalone revenue surged 37% YoY to ₹252 Cr, PAT ₹19.4 Cr, driven by strong base business. Board approved in-principle raising up to ₹600 Cr via QIP. NCD coupon rate rose to 11% after the recent CRISIL downgrade.

Q1FY27 standalone revenue rose 37% YoY to ₹252Cr, net profit up 37% to ₹19.4Cr; operating margin at 19.1%. Board approved raising up to ₹600Cr via QIP/other instruments. CRISIL downgrade increased NCD coupon to 11%.

Topline Soars, Margin Jumps PAT at Rs 17.1 Cr in Q1 FY27, +66.8% YoY. Revenue at Rs 250 Cr in Q1 FY27, +34.0% YoY. EBITDA at Rs 52.3 Cr, +59.7% YoY. EBITDA margin at 20.9% vs 17.5%. Board approved fund raise up to Rs 600 Cr via QIP; final dividend for FY26 recommended at Rs 1/sh; AGM on Aug 21, 2026; CRISIL downgraded rating to A-/Negative on Jul 1

Q1 FY27 Consolidated Results YoY: Revenue at 250 Cr vs 187 Cr, up 34.0%. EBITDA at 52.3 Cr vs 32.7 Cr, up 59.7%. EBITDA Margin at 20.9% vs 17.5%, expansion of 340bps. PAT at 17.1 Cr vs 10.3 Cr, up 66.8%. Board approved raising up to Rs 600 Cr via QIP/other instruments, subject to shareholder approval. CRISIL downgrade to A-/Negative effective Jul 1

Board meeting on 31 July 2026 to approve Q1FY27 unaudited financial results and consider fund-raising via QIP, FPO, rights issue, preferential allotment, or other modes.

Niyogin Fintech reported Q1 FY2027 business update: Gross Loan AUM slipped 5% QoQ to Rs. 332.2 Cr; iServeU Tech Net Revenue fell 24% QoQ to Rs. 16.1 Cr. iServeU order book stands at Rs. 550 Cr. CEO cited lower device deployment as a drag.

Board approved altering main objects to include bullion, jewellery, and precious metals trading/manufacturing. Authorised capital increased from Rs 15 Cr to Rs 40 Cr to fund expansion into the new vertical. Registered office to shift from Tamil Nadu to Maharashtra, subject to member/regulatory approvals. Ms. Vaishali Lad designated Whole-Time Direc

Q1FY27 consolidated Adjusted EBITDA ₹2,667 Cr (EBITDA/t ~₹11,113), PAT ₹844 Cr, as richer mix and cost control offset planned shutdown-led volume dip. Net Debt/EBITDA 1.71x. Board appointed V R Sharma as MD, Sandeep Modi as CFO, and a new COO and HR head.

Q1 FY27 Consolidated Results YoY: Revenue at 15482 Cr vs 12294 Cr, up 25.9%. EBITDA at 2680 Cr vs 3036 Cr, down 11.7%. EBITDA Margin at 17.3% vs 24.7%, contraction of 740bps; EBITDA/tonne at Rs 11960 vs Rs 15705, down 23.8% vs revenue growth of 25.9%, cost of materials consumed grew 43.7%. PAT at 844 Cr vs 1496 Cr, down 43.6%. Board appointed Mr. V

Bombay High Court restored Tata Steel's writ petition regarding a ₹25,185.51 Cr income tax reassessment for AY2019-20, previously set aside. The case revived due to a retrospective amendment. Hearing scheduled August 19, 2026. Company maintains a strong case on merits.

Board approved preferential issue of up to 8.55 lakh equity shares and 22.20 lakh convertible warrants at Rs 81 each aggregating ~25 Cr, change of name to Rupia Tech/Rupia Fintech, alteration of objects to include fintech and digital payments, and shifting of registered office from Telangana to Delhi. EGM on Aug 22 to seek shareholder approval.

Q1 FY27 Consolidated Results YoY: NII at 1164 Cr vs 906 Cr, up 28.5%. PPOP at 873 Cr vs 653 Cr, up 33.6%. PAT at 493 Cr vs 60 Cr, up 719.7%. Board approved fundraise via public issue of NCDs up to 2000 Cr and private placement of NCDs up to 1000 Cr.

Board approved issuance of up to 300 secured, redeemable, unlisted NCDs of ₹1 lakh each, aggregating ₹3 crore, on private placement. Coupon 12% fixed, quarterly interest, 24-month tenure, secured by bullion inventory. Subject to shareholder approval at AGM.

Indo Tech received NTPC approval to manufacture 400 kV transformers for BESS projects and secured an initial order for two 90 MVA units, marking its entry into the extra high voltage segment and expanding its portfolio beyond 220 kV.

Takyon Networks received a work order from Hindustan Aeronautics Limited worth Rs 1.43 crore for IT network upgrade, to be executed within 120 days.

India – Ahead Venture Trust (Abakkus Venture Opportunities Fund) acquired 601,341 shares (5.56%) of Dhabriya Polywood via open market; not promoter group.

Q1 FY27 Standalone Results YoY: NII at 12,525 Cr vs 11,435 Cr, up 9.5%. PPOP at 8,127 Cr vs 8,236 Cr, down 1.3%. NIM at 2.8% vs 2.9%, contraction of 10bps. PAT at 1,278 Cr vs 4,541 Cr, down 71.8%; includes one-time NMC settlement payout of 5,680 Cr; excluding this, PAT ~5,528 Cr, up 21.7%. GNPA at 2.0% vs 2.3%, NNPA at 0.5% vs 0.6%, though GNPA edg