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Shakti Pumps (India) Ltd. reported robust financial performance for Q1 FY25, with revenue surging to Rs. 567.6 Crores from Rs. 113.1 Crores in Q1 FY24. The company's EBITDA increased to Rs. 135.9 Crores with a margin of 23.9%, up from 7.0% in the previous year. Profit After Tax (PAT) grew significantly to Rs. 92.6 Crores, expanding the PAT margin to 16.3% from 0.9%. The company also received an additional patent, bringing the total to 14, and saw its long-term credit rating upgraded to IND A+ / Stable. https://www.bseindia.com/xml-data/corpfiling/AttachLive/22b70f56-19c9-4f4c-88d3-1c529da64f83.pdf |
Zaggle Prepaid Ocean Services Ltd has entered into a significant 3-year services agreement with PNB MetLife India Insurance Company Limited. Under this contract, Zaggle will provide its Zaggle Save platform, which focuses on employee expense management and benefits. The agreement is domestic in nature and does not involve any related party transactions. This collaboration aims to enhance the expense management and employee benefits for PNB MetLife's workforce. https://www.bseindia.com/xml-data/corpfiling/AttachLive/1b50d286-e2d4-4f6c-8316-c01a1f260a1d.pdf |
Sportking India Ltd has announced several key updates following their Board of Directors meeting on July 20, 2024. The company approved the unaudited financial results for the quarter ending June 30, 2024, reporting a total income of ₹64,082.38 lakhs and a profit before tax of ₹4,354.54 lakhs. Additionally, the Board approved a sub-division of equity shares, splitting 1 equity share of ₹**10** each into 10 equity shares of ₹**1** each**, aimed at improving liquidity and encouraging retail investor participation. The 35th Annual General Meeting is scheduled for August 17, 2024, and the record date for dividend eligibility is set for August 10, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/9f6b3865-fadf-4bc9-84a0-0b75028a99e8.pdf |
Sastasundar Ventures Ltd has received an adjudication order imposing a penalty under Section 454 of the Companies Act, 2013, read with Rule 3 of the Companies (Adjudication of Penalties) Rules, 2014, for violating Section 203 of the Companies Act, 2013, during FY2018-19. The penalty amounts to a total of Rs. 9,50,000, affecting both the company and its officers in default. The order, dated July 16, 2024, was received on July 19, 2024. Sastasundar Ventures Ltd is currently exploring the possibility of appealing against this order. Despite the penalty, there is no financial or operational impact on the entity. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7b00bcb2-bfce-407d-befe-29c510e98463.pdf |
GV Films Ltd. has announced the receipt of the 34th tranche of consideration for the allotment of Convertible Warrants issued at a price of Re. 1/- each. The total amount received for the 3 tranches is Rs. 23,75,00,000 (Rupees Twenty-Three Crores Seventy-Five Lakhs Only). The allotment was made to non-promoter entities including Pankaj Jain, Vishal Jain, Chhaya Babulal Jain, Satpal Singh Bachansingh, Nikhil Rajesh Singh, Mahadev Manubhai Makvana, Shubham Ashokbhai Patel, and Laxmanbhai Mafabhai Chaudhari. The Board of Directors approved this in their meeting held on 20th July 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e2f0906f-1c33-4b69-bf21-3a00e2b497fb.pdf |
GR Cables Ltd. has announced the sale of land located at Survey #60-A, Rangareddyguda Village, Rajapur Mandal, Mahabubnagar District, Telangana, India. The land measures 7 acres and 20 guntas. The Board of Directors approved this sale on July 20, 2024, subject to due diligence and necessary approvals. The transaction, valued at Rs. 2,02,50,000, will be completed within 12 months and involves third-party buyers, ensuring it is not a related party transaction. The sale is conducted at arm's length, based on market value, and has been approved by the Audit Committee. https://www.bseindia.com/xml-data/corpfiling/AttachLive/1f870fb5-ced0-40ed-8541-7210d8ce7b85.pdf |
Kotak Mahindra Bank Ltd. reported a significant increase in its financial performance for Q1FY25. The consolidated PAT surged by 79% YoY to ₹7,448 crore, while the standalone PAT rose by 81% YoY to ₹6,250 crore. The divestment of a 70% stake in Kotak General Insurance to Zurich Insurance Group contributed ₹3,013 crore to the consolidated PAT and ₹2,730 crore to the standalone PAT. Excluding these gains, the consolidated PAT stood at ₹4,435 crore and the standalone PAT at ₹3,520 crore. The bank's Net Interest Income (NII) increased by 10% YoY to ₹6,842 crore, and its Net Interest Margin (NIM) was 5.02%. The Return on Assets (ROA) and Return on Equity (ROE) for Q1FY25 were 3.87% and 22.04%, respectively. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e3c6c9b9-4c6b-462b-b45d-0305605e0b5b.pdf |
Rossari Biotech Ltd reported a robust performance for Q1 FY25, with consolidated revenue from operations increasing by 19.3% YoY to Rs. 489.7 crore and EBITDA improving by 12.5% to Rs. 64.9 crore. The company's PAT rose by 19.5% to Rs. 34.9 crore, and EPS (Diluted) stood at Rs. 6.3. Standalone results showed a 16.4% rise in revenue to Rs. 300.7 crore, with EBITDA up by 13.4% to Rs. 39.8 crore and PAT increasing by 12.5% to Rs. 24.3 crore. The company attributes its growth to a strong performance in the HPPC and TSC divisions and expects continued expansion in international markets and R&D-driven innovation. (*Source*: Rossari Biotech Ltd_7/21/2024_61, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/75f86b74-2ed1-4d28-81b2-815f992a6aef.pdf |
Rossari Biotech Ltd reported its Q1 FY25 earnings, showcasing a 19.3% YoY increase in revenue to Rs. 489.7 crore and a 19.5% YoY rise in PAT to Rs. 34.9 crore(Rossari Biotech Ltd_7/21/2024_62, n.d.). |
J.K. Cement Ltd. reported significant performance highlights for Q1 FY25. The company achieved a 6% YoY growth in Grey Cement Sales Volume and a 60% YoY increase in Profit After Tax, amounting to ₹203 Cr. The EBITDA for the quarter stood at ₹479 Cr, reflecting a 19% YoY growth. The company also made strides in sustainability, with a 57% Green Power mix and a 17.3% Thermal Substitution Rate. Additionally, J.K. Cement's Grey Cement Capacity reached 24.34 MTPA, and the White Cement & Wall Putty Capacity was 3.05 MTPA. The company is on track with its expansion projects, including a 3.3 MTPA Grey Clinker at Panna and 3.0 MTPA Cement Capacity at Panna, Hamirpur & Prayagraj. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0b4f6435-6eba-4b83-9279-d4714e9bd339.pdf |
Ayush Art And Bullion Ltd has approved the allotment of 23,00,000 convertible warrants on a preferential basis at an issue price of Rs. 112.60 each, aggregating to Rs. 25,89,80,000. The initial subscription price paid was Rs. 6,47,45,000, which is 25% of the total issue price. The remaining 75% (Rs. 84.45 per warrant) will be paid upon conversion into equity shares. The allotment was approved by the Board on 20th July 2024, following the AGM approval on 29th June 2024. The primary allottees are M/s. Arhat Touch Private Limited and Mr. Maulik Rajendrabhai Shah, receiving 14,00,000 and 9,000,000 warrants respectively. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b69a0272-a7f7-49b6-8bcd-8d6e24ed0c13.pdf |
Reliance Industries Ltd. reported a consolidated EBITDA of ₹**42,748 crore**, marking a 2% year-on-year increase. The retail segment saw revenues of ₹**76,000 crore** with an EBITDA of ₹**5,700 crore**, driven by growth in grocery and consumer electronics. The digital services segment, led by Jio, reported revenues of ₹**29,449 crore** and an EBITDA of ₹**14,638 crore**, with a significant 33% year-on-year increase in data traffic. The oil and gas segment achieved an EBITDA of ₹**5,210 crore**, up 30% year-on-year, supported by increased production from KG-D6. The O2C business faced challenges with a 14% year-on-year decline in EBITDA to ₹**13,100 crore**, primarily due to lower margins in gasoline and petrochemicals. https://www.bseindia.com/xml-data/corpfiling/AttachLive/fe272286-c71f-4cd2-8347-6e9bc2734c81.pdf |
Reliance Industries Ltd. reported a consolidated EBITDA of ₹**42,748 crore**, marking a 2% year-on-year increase. The retail segment saw revenues of ₹**76,000 crore** and an EBITDA of ₹**5,700 crore**, driven by growth in grocery and consumer electronics. The digital services segment, led by Jio, achieved a 12.8% YoY revenue growth to ₹**29,449 crore** and an EBITDA of ₹**14,638 crore**. The oil and gas segment reported an EBITDA of ₹**5,210 crore**, up 30% YoY, supported by increased production from KG-D6. The O2C business faced challenges with a 14% YoY decline in EBITDA to ₹**13,100 crore**, primarily due to lower margins in gasoline and petrochemicals. https://www.bseindia.com/xml-data/corpfiling/AttachLive/809145bc-2972-45e0-9f3d-2e780ce75721.pdf |
JSL Industries Ltd. has received a credit rating update from CRISIL Limited as of July 19, 2024. The company's total bank loan facilities rated amount to Rs. 19.94 Crore, with a long-term rating of CRISIL BB+/Stable and a short-term rating of CRISIL A4+. |
Vishal Fabrics Ltd has scheduled a Board Meeting on July 27, 2024, at Shanti Corporate House, Ahmedabad, to discuss key business matters. The agenda includes the approval of the: |
CAN FIN HOMES LTD. reported a net profit of Rs. 200 Crore for Q1 FY25, marking a 9% increase from the previous year's Rs. 183 Crore. The loan portfolio grew by 9% to Rs. 35,557 Crore, with 78% in housing loans. Loan disbursements for Q1 FY25 were Rs. 1853 Crore. The company maintains a strong liquidity position with a Liquidity Coverage Ratio of 110% and undrawn bank lines of Rs. 6044 Crore. The deposit portfolio stands at Rs. 199 Crore, offering an 8.00% interest rate for 36-month cumulative deposits, with an additional 0.25% for senior citizens. https://www.bseindia.com/xml-data/corpfiling/AttachLive/60f894de-edbe-49ae-8081-e5e26e43a092.pdf |
Equinox India Developments Ltd (formerly Indiabulls Real Estate Limited) is currently involved in a merger process with NAM Estates Private Limited and Embassy One Commercial Property Developments Private Limited, both entities of the Embassy group. During a hearing on July 16, 2024, the Hon'ble National Company Law Appellate Tribunal (NCLAT) in New Delhi heard arguments on behalf of the company. However, due to time constraints, the arguments were not concluded, and the matter has been rescheduled to be listed at the top of the Board on August 07, 2024. (Shekher Joshi, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/0392b885-3e4a-4db4-a869-de03002b19db.pdf |
Arihant Capital Markets Ltd. announced the resignation of its statutory auditors, M/s. Dinesh Ajmera and Associates, effective from the close of business hours on July 20, 2024. The resignation was due to the auditors' other preoccupations. |
Ashika Credit Capital Ltd reporting no funds raised through public issue, rights issue, or preferential issue during the Quarter ending June 30, 2024. Consequently, Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for this period. This information was recorded by the company's Audit Committee in a meeting held on July 20, 2024. BSE Ltd Communicated this to their Department of Corporate Service. https://www.bseindia.com/xml-data/corpfiling/AttachLive/616da6ba-6ccb-4610-98c7-59791b93ee64.pdf |
INDIAN INFOTECH & SOFTWARE Ltd. has announced the resignation of Mr. Hemant V. Modi (DIN No. 09630204) from his positions as Executive Director and Chief Financial Officer (CFO) effective from the closure of business hours on July 20, 2024. The resignation is attributed to preoccupation. Mr. Modi does not hold any directorship or membership in board committees of other listed entities. The company has enclosed the resignation letter and requested BSE Ltd. to take this information on record(No, n.d). https://www.bseindia.com/xml-data/corpfiling/AttachLive/834b291d-70ea-49b8-9b83-6bda39ad664e.pdf |
Pankaj Piyush Trade & Investment Ltd has announced an alteration in its Memorandum of Association (MOA) as approved by its members through Postal Ballot and E-Voting on 13th June 2024. The company, headquartered in NCT of Delhi, has diversified business objectives including trading in commodities, developing AI-powered software solutions, and engaging in various manufacturing and service activities. The authorized share capital is Rs. 21 crore, divided into 1.9 crore equity shares and 20 lakh preference shares, each valued at Rs. 10. The revised MOA is available on the company's website for further details. https://www.bseindia.com/xml-data/corpfiling/AttachLive/233466da-b57a-4b5c-a7da-9f2b1e36fdf7.pdf |
HMA Agro Industries Ltd has entered into Facilities Agreements with ALM Food Products Limited in Punjab and ALM Industries Limited in Saharanpur. The purpose of these agreements is to expand HMA's business through facilities for slaughtering, chilling, processing, freezing, and packing of frozen halal boneless buffalo meat. |
Vantage Knowledge Academy Ltd has announced the launch of its new EdTech initiative, VANTAGE PRO, on July 21, 2024, coinciding with Guru Purnima. This platform aims to bridge the gap between academic learning and industry demands by offering a comprehensive range of online courses, including short-term, degree, and certificate programs. VANTAGE PRO is designed to enhance students' employability and entrepreneurial skills through flexible, high-quality education accessible anytime, anywhere. |
Poonawalla Fincorp Ltd: Q1FY25 Financial Performance and Strategic Initiatives**: The financial services company reported robust Q1FY25 results, showcasing continued growth momentum. Net Interest Income (NII) increased by 42% Year-on-Year (YoY) to reach ₹676 crore. Profit After Tax (PAT) grew by 46% YoY to ₹292 crore, with a one-time tax benefit contributing to the previous quarter's numbers. Gross NPA and Net NPA improved significantly to 0.67% and 0.32%, respectively. |
Bhatia Communications & Retail (India) Ltd has announced an Extraordinary General Meeting (EGM) scheduled for August 12, 2024. The EGM will discuss the issuance of 1,55,00,000 fully convertible warrants at a price of Rs. 23.36 each, aggregating up to Rs. 36.20 crores. The warrants are convertible into equity shares within 18 months from the date of allotment. |
Mahindra & Mahindra Ltd. has announced the launch of its new SUV, the Thar ROXX. Set to debut this Independence Day, the vehicle is designed to offer a blend of sophistication, performance, safety, and advanced technology. The Thar ROXX aims to expand the Thar portfolio, embodying a rockstar personality with premium features and cutting-edge innovations. The announcement was made by Veejay Nakra, President of the Automotive Sector at Mahindra, highlighting the SUV's distinctive design and enhanced performance. For more details, visit the official Mahindra website or follow their social media channels. https://www.bseindia.com/xml-data/corpfiling/AttachLive/4ec7e8df-e1fa-4923-95d4-8b329be83dd5.pdf |
Trident Lifeline Ltd reported robust financial performance for Q1FY25, with total revenue reaching ₹**1,430.45 lakh**, marking a 59% YoY increase. The company's EBITDA grew by 74% YoY to ₹**364.83 lakh**, with EBITDA margins improving to 26%. Despite higher finance costs and depreciation impacting net profit growth, the profit after taxes stood at ₹**160.09 lakh**, a 14% YoY increase. |
Sportking India Ltd held a Board Meeting on July 20, 2024, where they approved the unaudited financial results for the quarter ending June 30, 2024. The company reported a total income of ₹64,082.38 lakhs and a profit before tax of ₹4,354.54 lakhs. Additionally, the Board approved a 1:10 stock split. The face value of each equity share will change from ₹10 to ₹1, subject to shareholder approval at the upcoming AGM on August 17, 2024. The record date for dividend eligibility is set for August 10, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/3033b865-3993-4573-adb3-86737e72e2c6.pdf |
HDFC Bank Ltd reported its unaudited financial results for the quarter ended June 30, 2024. The consolidated net revenue surged by 106.5% to ₹**724.2 billion**, while the consolidated profit after tax increased by 33.2% to ₹**164.7 billion**. On a standalone basis, the net revenue grew by 23.4% to ₹**405.1 billion**, with net interest income rising by 26.4% to ₹**298.4 billion**. Operating expenses were ₹**166.2 billion**, and the profit after tax was ₹**161.7 billion**, marking a 35.3% increase. The total balance sheet size reached ₹**35,672 billion**, with total deposits at ₹**23,791 billion**, reflecting a 24.4% growth. Gross advances were ₹**24,869 billion**, up by 52.6%, and the Capital Adequacy Ratio stood at 19.3%. https://www.bseindia.com/xml-data/corpfiling/AttachLive/84c64ce8-7e72-4195-b561-8e60cf0e15ea.pdf |
KPI Green Energy Ltd has received a Letter of Award (LOA) from Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) for the development of a 100MWAC Solar Power Project. This project includes an Engineering, Procurement and Construction (EPC) package with land and three years of Operation and Maintenance (O&M). It is part of a larger tender for a cumulative capacity of 600 MWAC Solar-PV Power Projects across various locations in Maharashtra under the RE Bundling Scheme. This achievement highlights KPI Green Energy's commitment to renewable energy and marks its strategic expansion from Gujarat into Maharashtra, reinforcing its position in the renewable energy sector. https://www.bseindia.com/xml-data/corpfiling/AttachLive/96dd397a-7794-4c1f-8d28-8d64d9717490.pdf |
TATA STEEL LTD. has received a certified true copy of the order from the Hon'ble National Company Law Tribunal, Mumbai Bench, regarding the Scheme of Amalgamation of Angul Energy Limited into and with Tata Steel Limited. The order, dated July 3, 2024, was received on July 19, 2024. The amalgamation involves the transfer of all assets and liabilities of Angul Energy Limited to Tata Steel Limited, the cancellation of Angul Energy's issued share capital, and the dissolution of Angul Energy without winding up. The scheme aims to consolidate business operations, enhance operational efficiencies, and improve asset utilization. The appointed date for this amalgamation is fixed as April 1, 2022. (Kanchinadham, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/2fd95765-e55f-463a-aa8c-5e9f819ae3f1.pdf |
Natural Biocon (India) Ltd held a Preferential Allotment Committee meeting on July 20, 2024, approving the receipt of Rs. 2,16,00,000 from four proposed allottees. The committee allotted 16,00,000 equity shares at Rs. 13.50 per share, including a premium of Rs. 3.50 per share. The allottees include Rich Pockets Online Services Limited, Copo Holding Private Limited, MNDM Business Point Private Limited, and Aventez Media & Technologies Limited. The trading window for the company's equity shares will remain closed until 48 hours after the announcement of the meeting's outcome. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e0abb352-04fd-41b4-bec8-6c4c9892b3b4.pdf |
Kotak Mahindra Bank Ltd. reported a consolidated PAT of ₹**7,448 crore** for Q1FY25, with a ROE of 22.04% and ROA of 3.87%. The standalone PAT was ₹**6,250 crore**, with a NIM of 5.02% and a CASA ratio of 43.4%. |
YES BANK LTD. reported a net profit of INR 502 Cr for Q1 FY25, marking a 46.7% Year-over-Year (YoY) and 11.2% Quarter-over-Quarter (QoQ) increase. The bank's Net Interest Income (NII) rose by 12.2% YoY to INR 2,244 Cr. The Net Interest Margins (NIMs) remained steady at 2.4%. Non-Interest Income showed a normalized growth of 20.5% YoY. The Gross Non-Performing Assets (NPA) ratio stood at 1.7%, while the Net NPA ratio improved to 0.5%. The Cash Deposits in Current Accounts and Savings Accounts (CASA) ratio was 30.8%, and the Common Equity Tier 1 (CET 1) ratio increased to 13.3% following the exercise of outstanding warrants by CA Basque Investments and Verventa Holding Ltd. https://www.bseindia.com/xml-data/corpfiling/AttachLive/06fd5d1c-00ab-49e3-95cc-e3517be4d67a.pdf |
CAN FIN HOMES LTD. has demonstrated robust performance in Q1 FY25, with a loan book reaching ₹**35,557 crore**, reflecting a 9% YoY growth. The company reported a Net Interest Income (NII) of ₹**320 crore**, Profit Before Tax (PBT) of ₹**255 crore**, and Profit After Tax (PAT) of ₹**200 crore**. The Net Interest Margin (NIM) stood at 3.57%, while the Return on Average Assets (RoAA) was 2.17% and Return on Equity (RoE) was 17.57%. The Gross NPA ratio was 0.91%, and the Net NPA ratio was 0.49%. The company maintains a strong focus on housing loans, with 89% of the loan book dedicated to this segment**, and the average ticket size for incremental housing loans is ₹**25 lakh**. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ae2ae43e-2c97-4f5f-9126-f6d9f3206a76.pdf |
Shakti Pumps (India) Ltd. reported robust financial performance in Q1FY25, with revenue from operations surging by 402% YoY to ₹5,676 million and EBITDA margins improving to 23.9%. |
Poonawalla Fincorp Ltd reported a significant growth in its financial performance for Q1 FY25. The company's Assets Under Management (AUM) surged by 52% YoY to ₹26,972 crore, with a diversified mix including 35% MSME finance and 28% personal and consumer finance. The Gross Non-Performing Assets (NPA) improved to 0.67%, and the Net NPA to 0.32%, reflecting superior asset quality. Profitability metrics showed a Profit After Tax (PAT) of ₹292 crore, up 46% YoY, and a Net Interest Income of ₹676 crore, up 42% YoY. The Capital Adequacy Ratio stood robust at 31.57%, well above regulatory requirements, ensuring strong liquidity with a buffer of ₹5,192 crore. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a4fe272d-5259-4ba2-9f06-48cfef32a8d3.pdf |
Netweb Technologies India Ltd, a leading Indian-origin OEM specializing in High-end Computing Solutions (HCS), reported a significant Year-over-Year (YoY) revenue growth of 149.7% to ₹1,493.2 million in Q1 FY25. The company boasts an operating EBITDA margin of 13.4% and a PAT margin of 10.1%(**Netweb Technologies India Ltd**\_7/21/2024\_30, n.d.). |
RBL Bank Ltd reported a robust financial performance for Q1 FY25. The bank's Net Interest Income (NII) grew by 20% YoY to ₹1,700 crore and Net Profit increased by 29% YoY to ₹372 crore. |
Olectra Greentech Ltd has acquired 2,600 equity shares, representing a 26% stake, in EVEY TRANS (MAH) PRIVATE LIMITED. This acquisition is part of a strategic move to execute a contract involving 2,400 electric buses for Brihan Mumbai Electric Supply & Transport Undertaking (BEST). The target entity, incorporated on March 5, 2024, will focus on owning, operating, and leasing electric vehicles. The acquisition is conducted at arm's length and falls within related party transactions due to common control with MEIL Holdings Ltd. |
S&S Power Switchgear Ltd. has received trading approval from BSE Limited and NSE Limited for 61,41,550 fully paid-up equity shares of Rs. 10 each, issued at a price of Rs. 148 on a preferential basis to promoters and non-promoters. The approval, granted on July 19, 2024, allows these shares, bearing distinctive numbers from 6200001 to 12341550, to be listed and traded on the exchanges starting July 22, 2024. The lock-in period for 61,39,853 shares extends until January 30, 2026, while 1,697 shares are locked in until January 30, 2025. https://www.bseindia.com/xml-data/corpfiling/AttachLive/d40c671e-82cc-46d4-9e33-5fa91dbc6964.pdf |
Jio Financial Services Ltd (JFSL), formerly known as Reliance Strategic Investments Limited, is a prominent player in the financial services sector. The company, demerged from Reliance Industries Limited in Q2FY24, has a consolidated net worth of ₹1,39,148 crores as of March 31, 2024. JFSL's subsidiaries, including Jio Leasing Services Limited (JLSL), engage in diverse financial activities such as lending, leasing, insurance broking, and payment solutions. JLSL, a wholly-owned subsidiary, has received high credit ratings from CARE Ratings and CRISIL, reflecting strong parent support and robust capital buffers. The promoter group, led by Mukesh D. Ambani, holds a 47.12% stake in JFSL, underscoring their long-term commitment to the company's growth and stability. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7ffdbade-5510-434d-bbdd-61e7707a17e7.pdf |
RailTel Corporation of India Ltd, a prominent telecom infrastructure provider in India, is known for its extensive network infrastructure, including 62,000+ route kms backbone and 21,000+ kms of city access network. The company has achieved consistent financial growth, with total income rising from ₹1,166 crores in FY20 to ₹2,622 crores in FY24, and a profit before tax of ₹328 crores in FY24. |
Share India Securities Ltd has announced the allotment of 17,62,160 fully paid-up equity shares following the conversion of detachable warrants. This conversion was approved by the Rights Issue Committee on July 20, 2024. With each warrant converted at a price of Rs. 525 per share. The meeting to approve this allotment commenced at 02:30 p.m. and concluded at 03:00 p.m. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ee79b77a-f850-4c95-ace1-34ad26ff028d.pdf |
Sportking India Ltd reported robust financial results for Q1 FY25, showcasing significant growth across key metrics. Revenue from operations reached Rs. 634.0 Crs, marking a 17.7% increase year-over-year (YoY) and a 3.7% rise quarter-over-quarter (QoQ). Exports contributed 47% to this revenue. The company's EBITDA surged by 48.3% YoY and 10.0% QoQ to Rs. 73.8 Cr, with the EBITDA margin improving to 11.6%. Profit After Tax (PAT) saw a remarkable growth of 75.1% YoY and 39.2% QoQ, amounting to Rs. 31.8 Cr, with the PAT margin expanding to 5.0%. Sportking India Ltd achieved a total production volume of 20,311 MT and a yarn sales volume of 19,964 MT for the quarter, with a capacity utilization rate of 95%. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ccdc3700-c503-469c-85e5-623f84eab1c2.pdf |
KFin Technologies Ltd remains fully operational and unaffected by the global IT outage that occurred on July 19, 2024. This outage primarily impacted services from Microsoft and CrowdStrike. Despite widespread disruptions, KFintech's robust IT infrastructure ensured seamless service continuity. The company, a leading provider of global investor and issuer solutions, does not utilize CrowdStrike services. As a result, KFintech avoided the blue screen of death (BSOD) loops that affected many Windows users. KFintech continues to monitor the situation closely to maintain system integrity and security. https://www.bseindia.com/xml-data/corpfiling/AttachLive/22fe05e4-c0d9-4d6b-ba9f-cc955d10681f.pdf |
Paisalo Digital Ltd has announced a Board Meeting scheduled for July 25, 2024, to consider raising funds through the issuance of equity shares or other eligible securities via various methods, including private placement and preferential issues. The trading window for dealing in the company's securities has been closed since July 1, 2024, and will remain closed until 48 hours after the financial results for the quarter ending June 30, 2024, are declared. This meeting is in accordance with Regulations 29 and 50 of the SEBI (LODR) Regulations, 2015. https://www.bseindia.com/xml-data/corpfiling/AttachLive/429bcd01-3d1b-4278-a416-dd45c4a5847c.pdf |
PC Jeweller Ltd. has received approval from Bank of Baroda for a One Time Settlement (OTS) proposal, as per a letter dated July 18, 2024, received on July 20, 2024. The OTS includes terms involving cash and equity components, and the release of securities and mortgaged properties. |
Sudarshan Pharma Industries Ltd is a specialty chemicals and pharmaceutical manufacturing company founded in 2008. The company has a significant presence in both domestic and international markets, exporting products to regions including the UK, Australia, and the MENA region. Key clients include Intas, Minova, and Reliance. Financial highlights for H2FY2024 show net sales of INR 23,174 million and an EBITDA margin of 3.6%. The company is expanding its manufacturing capabilities with new units in Palghar and Mahad, supported by government subsidies and the PLI scheme. Future plans include launching new products in the chemical and pharma sectors and expanding export avenues to countries like Nepal, Sri Lanka, and major African markets**. https://www.bseindia.com/xml-data/corpfiling/AttachLive/d17bd926-ac54-4792-9c56-d447519653e0.pdf |
Netweb Technologies India Ltd reported a significant surge in its financial performance for Q1 FY25, with Profit After Tax (PAT) tripling year-over-year to ₹154.4 million. The company's total income grew by 154.4% Year-over-Year (YoY) to ₹1,532 million, while EBITDA increased by 164.1% to ₹239 million, achieving an EBITDA margin of 15.6%. Netweb's order book stood robust at ₹4,197 million as of June 2024, reflecting a substantial increase from ₹994 million in June 2023. The company also commissioned a state-of-the-art manufacturing facility in May 2024, enhancing its production capabilities in high-end computing solutions. https://www.bseindia.com/xml-data/corpfiling/AttachLive/4b5aaaac-79c9-4a5a-9111-e9e11d087f3b.pdf |
RBL Bank Ltd reported a robust financial performance for Q1 FY25, with a 33% YoY growth in operating profit to ₹**859 crore** and a 29% YoY increase in net profit to ₹**372 crore**. The bank's net advances grew by 19% YoY to ₹**86,704 crore**, while retail advances surged by 31% YoY to ₹**53,737 crore**. Total deposits rose by 18% YoY to ₹**101,352 crore**, with granular deposits under ₹**3 crore** growing faster at 25% YoY. The bank maintained a strong capital adequacy ratio of 15.56% and a CET 1 ratio of 13.85%, reflecting its well-capitalized position for medium-term growth. Additionally, the Gross NPA ratio improved to 2.69%, and the Net NPA ratio to 0.74%, indicating stable asset quality. https://www.bseindia.com/xml-data/corpfiling/AttachLive/817dd67b-f70d-4435-a19a-c6d98755841e.pdf |
RDB REALTY & INFRASTRUCTURE LTD. has undergone a Scheme of Arrangement involving the demerger of its Realty Business Undertaking to RDB Real Estate Constructions Limited. The appointed date for this demerger is October 1, 2022. The scheme was sanctioned by the National Company Law Tribunal (NCLT) on May 21, 2024. The demerger aims to enhance operational efficiency and attract new investors by segregating the Realty and Infrastructure businesses. The equity shares of the resulting company, RDB Real Estate Constructions Limited, will be listed on BSE (Bombay Stock Exchange) and CSE (Cleveland Stock Exchange), ensuring shareholders of the demerged company hold shares in both entities post-demerger. https://www.bseindia.com/xml-data/corpfiling/AttachLive/cbcb32cf-3199-4e7a-9982-7d21691abf35.pdf |
OMAXE LTD. has received a pivotal Letter of Intent (LOI) from the Amritsar Development Authority (ADA) for developing a residential colony named "Omaxe New Amritsar Integrated Township" in Amritsar, Punjab. This project spans 127.722 acres and involves multiple wholly-owned subsidiaries of Omaxe Limited. The LOI marks a significant advancement for the company, opening avenues for revenue generation and expansion in the Amritsar region. The proposed verb verb township is expected to meet consumer demand, stimulate growth, and enhance the company's overall performance. https://www.bseindia.com/xml-data/corpfiling/AttachLive/4c1e7401-96e6-43b2-9385-4b3d5b049114.pdf |
Bhatia Communications & Retail (India) Ltd held a Board Meeting on July 20, 2024, where they approved raising funds up to ₹**36,20,80,000** by issuing 1,55,0,000 warrants convertible into equity shares. |
GRAVITA INDIA LTD. has embarked on an ambitious growth trajectory, aiming to boost its recycling capacity to over 5 Lacs+ MTPA with a capex of Rs 600 Crore+ by FY 27. The company plans to diversify into new recycling verticals such as lithium-ion, steel, and paper, targeting a volume and profitability growth of over 25% and 35% CAGR, respectively. In Q1 FY25, Gravita reported a 29% increase in volumes, revenues, EBITDA, and PAT. The company is committed to sustainable growth, with a focus on reducing energy consumption by 10% and increasing renewable power usage to 30% by FY 27. (**GRAVITA INDIA LTD._7/21/2024_13**, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/99d1c4cd-6ea9-4e67-9cdd-c5d31ec15497.pdf |
Remedium Lifecare Ltd. has announced significant changes following a Board of Directors meeting on July 20, 2024. The company approved an increase in its Authorized Share Capital from Rs. 42 Crores to Rs. 60 Crores, resulting in an alteration of the Capital Clause in its Memorandum of Association. This decision is subject to approval through a Postal Ballot via remote e-voting. The meeting, which commenced at 1 p.m. and concluded at 3 p.m., also included the appointment of M/s. Mehul Pitroda as the Scrutinizer for the Postal Ballot process. https://www.bseindia.com/xml-data/corpfiling/AttachLive/6f10ab4c-9179-4fff-8aca-46229c2e2951.pdf |
Bank of Maharashtra reported a robust performance for Q1 FY '25, showcasing a 19% Y-o-Y growth in advances to INR 2.09 lakh crore and a 13.5% Y-o-Y growth in total business to INR 4.76 lakh crore. The bank's CASA share stands at 50%, with total deposits growing by 9% Y-o-Y. The GNPA and NNPA levels are maintained at healthy levels, with a PCR of 98.36% and a CD ratio of 78.17%. The bank has also introduced several initiatives to retain and attract deposits, including special schemes and enhanced digital services like 24/7 video KYC. The capital adequacy ratio is comfortably above regulatory requirements, standing at 17.04%. https://www.bseindia.com/xml-data/corpfiling/AttachLive/175d3f0c-ca18-4e1f-8fa2-aeaf3d75dde9.pdf |
Kirloskar Pneumatic Co. Ltd. reported a robust financial performance for Q1 FY25. The company's revenue from operations grew by 13.6% to INR 275 Cr compared to Q1 FY24. The Profit Before Tax (PBT) surged by 53% to INR 35.9 Cr, while the Net Profit After Tax increased by 50% to INR 26.9 Cr. The order book stood at INR 1,618 Cr as of July 1, 2024, reflecting a 20% increase from the previous year. The company also filed a record 15 IPs in Q1, showcasing significant R&D progress. https://www.bseindia.com/xml-data/corpfiling/AttachLive/181bb845-5d56-4bcf-810c-55329dde0afb.pdf |
Shraddha Prime Projects Ltd has announced the development of Shraddha Park City in Borivali East, Mumbai, one of the largest redevelopment projects in the Western Suburbs. The project boasts a RERA Carpet Area of over 4,36,800 Sq. Ft. for residential and 34,382 Sq. Ft. for commercial spaces, with an estimated revenue potential of Rs. 1200 Crores over the next five years. The project, situated on a 12,760.30 square meter plot in Nensey Colony, will be developed under the DCPR 2034, 33(11) A Scheme, offering higher FSI benefits. The company has already paid Rs. 7,02,40,876/- towards stamp duty for the Development Agreement and has received necessary approvals, including IOD, CC, and Environment Clearance. https://www.bseindia.com/xml-data/corpfiling/AttachLive/c76165cd-8626-4896-848f-2842f24c9242.pdf |
Trident Texofab Ltd has transitioned from a trading-focused company to a manufacturing-centric entity, significantly enhancing its profitability. The company's Q1FY25 earnings presentation highlights a 66.6% revenue contribution from manufacturing operations, up from 58.1% in Q1FY24. This shift is part of their '**Shifting Gears**' strategy, initiated in FY19, which has led to a notable increase in manufacturing capacity and profitability margins. The company's annual manufacturing capacity stands at ~**250 lakh meters**; recent CAPEX phases have boosted production capabilities. Q1FY25 revenue from operations was ₹**2571.21 lakhs**, marking an 11% YoY increase, with net profit at ₹**69.56 lakhs**, a significant improvement driven by higher other income. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7f817354-370c-43d2-ab0d-29fb523601cd.pdf |
Shriram Properties Ltd announces significant changes in management structure, effective July 20, 2024. |
YES BANK LTD. has seen a significant upgrade in its credit ratings by ICRA, reflecting a positive outlook on its financial health. The bank's Basel III Tier II Bonds and Infrastructure Bonds have been upgraded to [ICRA]**A (Positive)**, while the Basel III Tier I Bonds were reaffirmed at [ICRA]**D**. |
Patanjali Foods Ltd reported its Q1 FY25 financial performance, showcasing a revenue from operations of ₹**7,173.06 Cr**, a slight decline from ₹**7,767.10 Cr** in Q1 FY24. The company achieved an EBITDA of ₹**435.08 Cr**, significantly up from ₹**211.99 Cr** in the previous year, with an EBITDA margin of 6.07%. Quarterly PAT surged nearly threefold to ₹**262.90 Cr** compared to ₹**87.75 Cr** in Q1 FY24. |
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