Latest Announcements

Millworks Technologies Ltd has received confirmed orders aggregating to approximately ₹53.74 Crores, strengthening its business momentum for FY27. The company's total confirmed order book has increased to ₹121.88 Crores, providing strong revenue visibility for the upcoming period.

Rane (Madras) Ltd completes acquisition of friction business of Hindustan Composites Limited, expected to be EPS accretive from year one onwards.

Rane (Madras) Ltd has completed the acquisition of the friction business of Hindustan Composites Limited, expected to be EPS accretive from year one onwards.

P N Gadgil Jewellers Ltd has announced the acquisition of 100% of the equity share capital of Silvostyle Jewellers Limited at Rs. 18.64 per equity share, with a total consideration of Rs. 27.96 crores. The acquisition will be completed through the subscription of 1,48,50,000 equity shares to be freshly issued by SJL and the acquisition of 1,50,000 equity shares from existing shareholders. The infusion of fresh capital of Rs. 27.68 crores in SJL will be utilized for the business purpose of SJL.

P N Gadgil Jewellers Ltd has approved the acquisition of 100% of Silvostyle Jewellers Ltd's equity share capital at Rs. 18.64 per share, with a total consideration of Rs. 27.96 crores. The acquisition will be used to infuse fresh capital into Silvostyle Jewellers Ltd for business purposes. The company has also approved the draft notice of its 13th Annual General Meeting to be held on September 28, 2026.

Sanathan Textiles Ltd announces commercial production from expanded technical textiles capacity at Silvassa, doubling its capacity to 18,000 MTPA and strengthening its integrated manufacturing platform.

Black Box Ltd has announced its Q1 FY27 earnings, with the company delivering its highest ever quarterly revenue, supported by improved execution of the rising order backlog and the contribution from its recently acquired Brazilian entity, 2S. The company has also made significant operational progress, adding a new global hyperscaler in the United States through a US$131 million order and deepening its relationship with existing hyperscalers.

Manipal Health Enterprises Ltd announced its Q1 FY27 financial results, with revenue from operations at ₹ 3,091 crore, registering 38.1% year-on-year growth, and EBITDA at ₹ 749 crore, reflecting year-on-year growth of 26.4%. The company delivered a strong operating performance during the quarter, supported by sustained patient demand, growth in high-acuity specialties, and capacity absorption.

Manipal Health Enterprises Ltd announced its financial results for Q1 FY27, with revenue from operations standing at ₹ 3,091 crore, registering 38.1% year-on-year growth, and EBITDA standing at ₹ 749 crore, reflecting year-on-year growth of 26.4%. The company delivered a strong operating performance during the quarter, supported by sustained patient demand, growth in high-acuity specialties, and capacity absorption.

Siemens Ltd has informed that the litigation against the company has been concluded in favour of the company after the Hon'ble Supreme Court dismissed the Special Leave Petition (SLP) filed by the GST Department. The company had received a show cause notice (SCN) proposing levy of GST amounting to Rs. 34,83,00,000/- along with applicable interest and penalty under Section 74 of the Central Goods and Services Tax Act, 2017. The SCN was quashed by the Hon'ble Gujarat High Court, and the GST Department had filed a SLP challenging the order. The Hon'ble Supreme Court has dismissed the SLP, and the litigation stands concluded in favour of the company.

Paradeep Phosphates Limited (PPL) has launched JAI KISAAN NAVRATNA CROPFIT, a customized fertilizer for sugarcane cultivation in Karnataka. The product is designed to provide balanced major, secondary, and micronutrient nutrition for sugarcane, addressing the nutritional needs of the crop and improving nutrient use efficiency, crop productivity, and farm economics.

Walchandnagar Industries Ltd has received an order from Vikram Sarabhai Space Centre for fabrication, proof pressure testing and supply of HS200 Motorcase Segments for Gaganyaan, worth Rs. 3,053 lakhs plus GST, for a period of 4 years.

TPL Plastech Ltd has commenced operations for manufacturing Intermediate Bulk Containers (IBCs) at Bhuj, Gujarat, with an installed capacity of 1,50,000 IBCs per annum and a projected additional revenue of approximately ₹ 100 Crores.

Modern Insulators Ltd has announced that CRISIL Ratings has increased the rated quantum of loan to Rs. 165 Crore, with a Long Term Rating of Crisil A-/Stable and Short Term Rating of Crisil A2+.

SRM Contractors Ltd has announced the incorporation of a new SPV, Giraffe SRM Estates Private Limited, to expand its footprint into the Wayside Amenities sector. The company will hold a 49% stake in the proposed entity.

Diamond Power Infrastructure Ltd has commissioned a copper wire drawing and copper cable manufacturing line at its integrated manufacturing complex, marking its entry into copper-based cables. The line has an installed capacity of 1,500 MT per month of copper cables and is designed for high power-intensity applications. Commercial production has commenced with effect from August 20, 2026.

Trident Lifeline Ltd has been honoured with the prestigious award under the category 'Fastest Growing SMEs' at the inaugural Top 50 SME Awards – Gujarat, organized by the India SME Forum, an initiative of Axis Bank and India SME Forum.

LG Electronics India Ltd's Q1 FY2027 earnings conference call transcript reveals a 15.5% year-on-year revenue growth with EBITDA margin at 12.5%, up 1.1 percentage point year-on-year and 0.8 percentage point sequentially. The company's growth and profitability exceeded market expectations, with every key category operating in double digits.

Voltas Ltd delivered a strong performance in Q1 FY27, outperforming competition and strengthening its leadership in the cooling segment. The company achieved a 17.3% secondary market share in room air conditioning and widened its lead over the nearest competitor to 4 percentage points.

Duroply Industries Ltd has announced an upgrade in its credit rating by India Ratings and Research Private Limited from IND BB+ to IND BBB- with a Stable Outlook for Long-Term Credit Facilities and from IND A4+ to IND A3 for Short-Term Credit Facilities.