Recent Update

Board approved fundraise of up to Rs 600 Cr (base Rs 400 Cr + green shoe Rs 200 Cr) via issuance of securities including equity shares, subject to shareholder approval. EGM to be convened.

Secured INR 121 Cr architectural glass orders (UAE subsidiary INR 71 Cr, India INR 50 Cr) for hospitality, residential, healthcare projects, reinforcing strong pipeline and GCC presence.

Innovision Limited received a Rs 97.52 crore contract from NHAI for toll collection and facility maintenance at Biratiya Kalan Fee Plaza, Rajasthan, for one year.

Semaglutide Provision Clouds Q1 PAT at Rs 444 Cr in Q1 FY27, -69% YoY; includes Rs 240 Cr semaglutide provision. Revenue at Rs 8,071 Cr in Q1 FY27, -5.6% YoY. EBITDA at Rs 1,009 Cr, -55.7% YoY; includes Rs 240 Cr semaglutide inventory provision, ex-provision EBITDA Rs 1,249 Cr. EBITDA margin at 12.5% vs 26.7% (ex-provision 15.4%). Gross margin at 4

Independent Director Bhawna Khanna and CFO Shyam Sundar Somani resigned, both citing personal reasons. Khanna's exit effective July 22, Somani's July 31, 2026.

Q1 FY27 Consolidated Results YoY: Revenue at 8071 Cr vs 8545 Cr, down 5.6%. EBITDA at 1009 Cr vs 2278 Cr, down 55.7%; includes 240 Cr semaglutide inventory provision. EBITDA Margin at 12.5% vs 26.7%, contraction of 1420bps. PAT at 444 Cr vs 1418 Cr, down 68.7%. Global Generics revenue declined 5% on lenalidomide drop, while base business delivered

Azad Engineering delivered its first Expendable Indigenous Turbo Jet Engine to DRDO and the Ministry of Defence, a historic milestone for India's propulsion self-reliance and Azad's precision manufacturing capabilities.

EbixCash World Money received RBI approval to undertake trade remittances, becoming India's first non-bank institution with this capability. The approval expands its perpetual AD-II license, broadening its regulated cross-border payment services.

Q1 FY27 Consolidated Results YoY: NII at 2004 Cr vs 1295 Cr, up 54.8%. PPOP at 1252 Cr vs 869 Cr, up 44.2%. PAT at 675 Cr vs 233 Cr, up 189.3%. IT assessment order received with demand of Rs 475.56 Cr; management believes no material adverse impact, filed appeal. Security cover certificate shows compliance at 1.51x for listed NCDs, resolving prior

Gold Loans Drive Surge PAT at Rs 713 Cr in Q1 FY27, +160.1% YoY. NII at Rs 2,004 Cr in Q1 FY27, +54.8% YoY. PPOP at Rs 1,252 Cr, +44.2% YoY. Income tax demand of Rs 475.56 Cr received for block period; company has filed appeal and believes no material adverse impact. Raised USD 500M via senior secured notes. Amit Sharma stepped down as Business Hea

TeleCanor Global updated on meeting with BSE about pending listing and in-principle approvals. Prolonged delays caused a loss of a Rs. 21.78 crore proposed investment and withdrawal of preferential issue investors. The company requested fee refund and expedited processing, but no resolution yet.

Strong Quarter, Global Push PAT at Rs 4.3 Cr in Q1 FY27, +382.5% YoY. Revenue at Rs 14.4 Cr in Q1 FY27, +252.2% YoY. EBITDA at Rs 10.9 Cr, +302.4% YoY; Other Income surged to Rs 2.4 Cr vs Rs 0.02 Cr, significantly boosting profitability. EBITDA margin at 75.6% vs 66.1%. Board approved strategic entry into wind energy equipment rental sector and exp

Gogia Capital Growth Limited availed a Rs 9 crore overdraft facility from ICICI Bank on 10 July 2026, secured by a property of Managing Director Ankur Gogia. The funds will support working capital for trading and depository participant operations and proprietary trading activities.

Q1 FY27 Standalone Results YoY: Revenue at 107 Cr vs 88.1 Cr, up 21.5%. EBITDA at 59.4 Cr vs 62.2 Cr, down 4.5%. EBITDA Margin at 55.7% vs 70.6%, contraction of 1490bps; acquisition cost grew 105% vs revenue growth of 21%. PAT at 43.7 Cr vs 45.8 Cr, down 4.6%. Board deferred buyback proposal to August 5, 2026.

Q1 FY27 Consolidated Results YoY: Revenue at 18902 Cr vs 14109 Cr, up 34.0%; includes Rs 1351 Cr of prior period income. EBITDA at 8369 Cr vs 6150 Cr, up 36.1%. EBITDA Margin at 44.3% vs 43.6%, expansion of 70bps. PAT at 4867 Cr vs 3305 Cr, up 47.2%. Board approved raising up to Rs 15000 Cr via QIP and increasing borrowing limits to Rs 100000 Cr; E

Board approved raising up to INR 4,000 Cr via non-convertible debentures on private placement basis, subject to shareholder approval. 33rd AGM scheduled for September 1, 2026.

One-Off Lifts Record Quarter PAT at Rs 4,867 Cr in Q1 FY27, +47.2% YoY. Revenue at Rs 18,902 Cr in Q1 FY27, +34.0% YoY; includes Rs 1,351 Cr of prior period income recognition, continuing revenue growth ~28.1%. EBITDA at Rs 8,369 Cr, +36.1% YoY; includes prior period income, continuing EBITDA at Rs 6,983 Cr, +21.6% YoY. EBITDA margin at 44.3% vs 43

Board approved fundraise of up to USD 65 million through issuance of equity shares, convertible bonds, warrants, or other securities, in one or more tranches, subject to shareholder and regulatory approvals.

ASI Industries sold its entire 0.041% stake in Lloyds Engineering Works via open market for an undisclosed amount. The company stated the sale has no material impact on financials or operations.

Ricky Kirpalani (non-promoter) acquired 13,78,457 shares (5.03%) of Royal Orchid Hotels Ltd via open market, from 0 to 5.03%.

Rajesh Power received a ₹40.58 crore turnkey contract from PGVCL for supply, installation, and commissioning of 11 kV MVCC in Jamnagar Circle.

Paras Semiconductors (subsidiary) signed an MoU with MPSeDC to set up a greenfield advanced IC packaging OSAT facility in Indore-Ujjain, MP, with proposed investment of ~Rs. 6,200 Cr. The facility will offer advanced packaging including 3D integration, hybrid bonding, and chiplet integration.

AVG Logistics entered liquor logistics with two long-term contracts, expecting Rs. 25 Cr revenue in FY27 scaling to Rs. 100 Cr. The new vertical targets high-margin regulated segment, diversifying portfolio and likely boosting profitability.

Q1 FY27 Standalone Results YoY: NII at 5.5 Cr vs 2.8 Cr, up 98.4%. PPOP turned profitable at 0.9 Cr vs loss of 5.9 Cr. PAT turned profitable at 0.4 Cr vs loss of 4.8 Cr. GNPA at 1.1%, NNPA at 1.5%. Board approved issuance of NCDs up to Rs 20 Cr at 11.90% coupon on private placement basis. Board granted in-principle approval for acquisition of 100%

Q1FY27 revenue ₹985.3cr, up 5% QoQ (1.8% CC); EBITDA margin 15.4%, down 71bps QoQ; 12-mo order backlog ₹2,935cr, +25% YoY. ~45% of new order book from AI, NA won $25mn AI-led Salesforce deal. Cash ₹945cr.

Indo Amines received a closure direction from Gujarat Pollution Control Board for its Vadodara plant due to environmental non-compliance. The unit must shut within 15 days. The company is taking corrective measures to seek revocation; other manufacturing units remain operational.

Q1 FY27 Consolidated Results YoY: Revenue at 114 Cr vs 55 Cr, up 106.3%. EBITDA at 40.7 Cr vs 22.0 Cr, up 85.3%. EBITDA Margin at 35.9% vs 39.9%, contraction of 400bps. PAT at 32.4 Cr vs 14.8 Cr, up 119.1%. The company expects to complete the sale of its wholly owned subsidiary Visco Advisory to Blackstone affiliates by August 2026. Board also appr

Board approved issuance of 40,000 secured, rated, listed NCDs of face value Rs 10,000 each aggregating to Rs 40 Cr on private placement basis (base issue Rs 15 Cr, green shoe option Rs 25 Cr), tenure 30 months, coupon 13% p.a., with 1.35x asset cover. Appointed Horizon Management India Pvt Ltd as merchant banker.

Gabriel India Q1FY27 standalone revenue ₹12,742 Mn (+19% YoY), PAT ₹760 Mn. Board approved acquiring 28.99% in HL Mando Anand India for ₹2,231 Cr (₹1,881 Cr via preferential shares to promoter, ₹350 Cr cash), continuing group consolidation and expanding into steering/braking/suspension.

Standalone Q1FY27 revenue up 19% YoY to ₹12,742 Mn, PAT up 28% to ₹760 Mn; EBITDA margin at 8.4%. Board approved ₹2,231 Cr acquisition of 28.99% in HL Mando Anand (steering/braking) via share swap and cash, and USD 98.44 Mn for 30% in HL Klemove.

Revenue Up, Margins Slip PAT at Rs 107 Cr in Q1 FY27, +2.0% YoY. Revenue at Rs 1,426 Cr in Q1 FY27, +13.6% YoY. EBITDA at Rs 172 Cr, +6.3% YoY. EBITDA margin at 12.0% vs 12.9%. Board approved acquisition of 28.99% stake in HL Mando Anand India for ~Rs 2,231 Cr (cash + preferential equity issue to promoter); also approved HL Klemove India JV investm

Appointed Mahendra K. Goyal as Group CEO & MD for 5 years, responsible for all business segments, JVs, and subsidiaries. Atul Jaggi re-designated as MD (Ride Control), continuing until 2029.

Board appointed Vijaykumar Kalabhai Nayak as Managing Director and CFO effective 21st July 2026. Noted resignation of Jaivikkumar Patel as Managing Director and Jignesh Shrimali as Non-Executive Director. Audit, Stakeholders Relationship, and CSR Committees were reconstituted.

Anant Raj Limited’s board approved a composite scheme to demerge its data centre and cloud business into Ashok Cloud Private Limited, which will be listed separately. Shareholders will receive one share of Ashok Cloud for every Anant Raj share held. The move aims to unlock shareholder value, subject to regulatory approvals.

Exhicon Events Media Solutions approved the allotment of 8,81,000 equity shares upon conversion of warrants at Rs 315 per share to non-promoter investors, aggregating to Rs 20.81 crore.

Board approved composite scheme to demerge data centre and cloud business into Ashok Cloud Private Limited, which will be listed. ARL shareholders will receive 1:1 shares of ACPL. The business comprised 9% of FY26 revenue. Subject to regulatory and shareholder approvals.

Board approved composite scheme to merge Anant Raj Cloud into ARL and demerge the data centre business into Ashok Cloud Private Limited, with a 1:1 share swap. Ashok Cloud to be listed. Existing shareholders to receive one Ashok Cloud share for every ARL share held. Subject to shareholder and regulatory approvals.

Kridhan Infra's Managing Director Gautam Suri resigned effective July 21, 2026, citing medical reasons. The board appointed three new directors, including CFO Mithlesh Jaiswal as Executive Director, and a new Company Secretary.

Supreme Court order references CEC report indicating ₹4,655 crore lease rental liability for Singampatti tea estate, far exceeding earlier quashed ₹232 crore demand. Company files interlocutory application to expunge, citing no demand served and lack of jurisdiction.

Exato Technologies enrolled in the HPE Partner Ready Program, enabling it to market and promote HPE solutions. The partnership is expected to strengthen AI and enterprise infrastructure offerings but carries no assured revenue, minimum commitment, or exclusivity.

Mach Travel Solutions recognized as an Experienced MICE Tour Operator by India's Ministry of Tourism under the NIDHI platform. This enables participation in government and institutional tenders and supports expansion of Government & Institutional Projects business.

Q1 FY27 Standalone Results YoY: Revenue at 116 Cr vs 64.5 Cr, up 79.9%. EBITDA at 46.5 Cr vs 5.1 Cr, up 811.8%. EBITDA Margin at 40.1% vs 7.9%, expansion of 3220bps. PAT turned profitable at 36.6 Cr vs loss of 0.2 Cr. High Tension Insulators segment was the key driver, with revenue up 82.6% YoY and segment profit surging to 41.7 Cr from 0.8 Cr. Boa

63 moons' board approved a material related party transaction: WOS FTSPL to subscribe to 2.59 crore equity shares of loss-making subsidiary Ticker at Rs. 27/share (Rs. 70 crore) for surplus treasury deployment. Shareholder approval required.

Board approved material related party transaction: FTSPL (WOS) to subscribe to ~2.59 crore equity shares of Ticker Limited (subsidiary) at Rs. 27 each, aggregating ~Rs. 70 crore. Ticker is loss-making (PAT loss of Rs. 35.8 crore in FY26) with declining revenue. Subject to shareholder approval.

Sanjay Kedia (promoter) inter-se transfer: shares from 22,20,173 to 63,03,082 (15.97% to 45.34%).

Maiden Forgings commenced operations at its new Bhojpur manufacturing facility on July 18, 2026, completing Phase I of Unit II consolidation. The company projects minimum monthly cost savings of ₹25 lakh (~₹2.5 Cr annually) from lower administrative, power, and labour costs, enhancing operational efficiency and B2G capabilities.

Suncare Traders appointed Ramesh Salvi as Whole-time Director and CFO, effective July 21, 2026, following the resignation of Harshad Rathod due to personal commitments. Salvi, 32, has 5 years of accounts experience.

1,000,000 convertible warrants issued at ₹66 each have lapsed as subscribers failed to pay the balance 75% by the 20 July 2026 deadline. The upfront 25% deposit of ₹16.5 million has been forfeited and retained by the company, with no change in share capital.