Executive Summary
Across the 50 filings for this daily India digest, the dominant theme is divergence between headline top-line strength and weaker underlying quality: LMW Limited (+45% YoY standalone revenue, +93% PAT) and Adani Green (+36% H1 power supply revenue, +41% EBITDA) both posted strong growth, yet standalone profit and cash metrics deteriorated sharply (Adani Green standalone PBT swung to a ₹64 Cr loss; LMW's Q2 total comprehensive income fell to near zero on a ₹87.56 Cr OCI loss).
Oriental Rail shows the same pattern, with consolidated revenue up 29% YoY while standalone revenue fell 27%. Corporate-action and governance flow is heavy: at least 13 companies announced board meetings with trading windows closing from 1 October 2026, so results-season catalysts cluster in late October through early November. The most material single-name events are Gujarat Toolroom's admission into CIRP (negative), a SEBI-facing price manipulation complaint at Centenial Surgical Suture, and an open offer for Frontier Capital while the target sits under GSM Stage 3. Positive developments include Khazanchi Jewellers' BSE SME-to-Main Board migration approval and Nureca's record quarter (+55% revenue YoY, debt-free). Overall tone is neutral-to-mixed, with quality-of-earnings and standalone-versus-consolidated divergence the key analytical point for the coming results season.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: Corporate governance · Corporate action · Insolvency · Board meeting · Open offer · Insider trading · Company update · M&A
Tracking the trend? Catch up on the prior India Stock Market Daily Regulatory Digest digest from October 20, 2026.
Investment Signals (12)
- Nureca Limited ↓ (BULLISH)▲
Q2 FY27 revenue up 55% YoY to ₹58.53 Cr (highest in 20 quarters), operating profit up 60% to ₹5.23 Cr, PAT up 12% to ₹4.05 Cr, H1 revenue up 37%, company debt-free; offline revenue up 90% YoY
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Standalone Q2 revenue up 45.3% YoY to ₹1,127.52 Cr and PAT up 93.2% to ₹87.21 Cr; H1 PAT up 120% to ₹153.22 Cr, but Q2 total comprehensive income fell to ₹(0.35) Cr on a ₹(87.56) Cr OCI loss and auditors flagged subsidiary losses [MIXED, lean BEARISH on quality]
- Adani Green Energy ↓ (MIXED)▲
H1 FY27 power supply revenue up 36% to ₹8,299 Cr, EBITDA up 41% with 92.9% margin, operational capacity up 24% to 20,763 MW; offset by standalone PBT loss of ₹64 Cr vs ₹367 Cr profit and finance costs up 30% to ₹4,120 Cr
- Oriental Rail Infrastructure ↓ (MIXED)▲
Consolidated Q2 revenue up 29.3% and PAT up 43.5%, but standalone revenue down 27.0% and standalone PAT down 45.6%; H1 consolidated PAT up 57.6% to ₹2,605.80 Lakh
- Khazanchi Jewellers ↓ (BULLISH)▲
In-principle approvals from BSE (Sept 11, 2026) and NSE (Oct 19, 2026) for migration from SME platform to Main Board; NSE approval valid 45 days, final listing application pending
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Q2 FY27 revenue up 81.6% YoY to ₹7,034.31 Lakh and PAT up 190.1% to ₹307.68 Lakh, but operating cash flow fell to ₹64.75 Lakh H1 from ₹680.04 Lakh as inventories rose ₹962.82 Lakh and borrowings rose to ₹1,636.60 Lakh [MIXED, BEARISH on cash conversion]
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Q2 FY27 standalone net income down 29% QoQ and 8% YoY to ₹2,210 Mn as other income collapsed 74% QoQ; employee costs up 33% YoY outpaced 5% revenue growth; equity QAAUM up 9% YoY to ₹2,092 Bn [BEARISH on earnings quality]
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Letter of Intent from GEDA for solar rooftop supply and 10-year O&M contract valued ₹5.79 Cr, one-time domestic order at arm's length [BULLISH, modest scale]
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Domestic Electro Mechanical order from Noida Cyber Park worth ₹80.73 lakh over 12 months, not a related-party transaction [BULLISH, modest scale]
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Hotel management agreement for 50-key Zone Connect by The Park Aurangabad, expected to open soon; incremental portfolio expansion without disclosed financials [BULLISH, small]
- Gujarat Toolroom ↓ (BEARISH)▲
NCLT Ahmedabad admitted Section 9 CIRP petition on 30.09.2026; Iqbal Singh Gandhi appointed Interim Resolution Professional; company now 'In CIRP'
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Open offer for 26% at ₹10.20 vs SPA price ₹10.00, promoters (56.07%) selling entire stake; target under GSM Stage 3 and Trading Restricted Group [BEARISH on trading, event-driven for acquirers]
Risk Flags (11)
- Gujarat Toolroom/Insolvency↓ [HIGH RISK]▼
Admitted to CIRP under Section 9 by NCLT Ahmedabad on 30.09.2026; no claim amounts or operating data disclosed in filing; equity exposure at high risk of impairment
- Frontier Capital/Surveillance↓ [HIGH RISK]▼
Target company under BSE Graded Surveillance Measure Stage 3 and Trading Restricted Group; combined with open-offer and promoter exit, liquidity and price-discovery risk is elevated
- Adani Green Energy/Standalone Earnings↓ [ELEVATED RISK]▼
Standalone H1 FY27 PBT loss of ₹64 Cr vs ₹367 Cr profit a year earlier, driven by ₹202 Cr impairment on subsidiary investments; consolidated Q2 PAT fell 24% QoQ to ₹747 Cr from ₹983 Cr; net debt/EBITDA at 5.6x
- Adani Green Energy/Cash and Finance Costs↓ [ELEVATED RISK]▼
Standalone operating cash flow fell ~14% to ₹2,087 Cr from ₹2,439 Cr; consolidated finance costs rose 30% to ₹4,120 Cr for H1, eroding the benefit of 36% revenue growth
- Aditya Birla Sun Life AMC/Cost Growth↓ [ELEVATED RISK]▼
Employee benefits up 33% YoY to ₹1,263 Mn against 5% revenue growth; other income down 74% QoQ; net income declined 29% QoQ
- Ritesh International/Working Capital↓ [ELEVATED RISK]▼
Inventories up ₹962.82 Lakh and total borrowings up to ₹1,636.60 Lakh from ₹892.10 Lakh; H1 operating cash flow down to ₹64.75 Lakh; sequential Q2 other income turned to loss of ₹(1.45) Lakh
- Centenial Surgical Suture/Price Manipulation↓ [HIGH RISK]▼
Company wrote to BSE surveillance and SEBI alleging abnormal unexplained price fall and trades of 1 share at ~₹71.25; no material announcement to explain the move
- South India Paper Mills/Open Offer Dispute↓ [ELEVATED RISK]▼
Former shareholder of Horizon Packs (J K Paper) has objected to the open offer alleging non-compete breach; 1,33,419 public shares pledged; prior LODR fines disclosed
- Oriental Rail/Standalone Divergence↓ [WATCH RISK]▼
Standalone revenue down 27% YoY and standalone PAT down 45.6% in Q2, while consolidated results grew, suggesting concentration of growth in subsidiaries
- Hinduja Housing Finance/ALM Mismatch [WATCH RISK]▼
ALM-II shows cumulative deficit of ~₹20,635 Lakh in the 3-to-5-year bucket, with negative mismatches in 1-3 and 3-5 year buckets
- Truhome Finance/ALM Mismatch [WATCH RISK]▼
Cumulative structural mismatch of ₹1,532.24 Cr (29.04% of outflows) in the over-6-months-to-1-year bucket; 8-14-day mismatch at 164.12% of outflows
Opportunities (9)
- Nureca Limited/Earnings Momentum↓ (OPPORTUNITY)◆
Record Q2 revenue of ₹58.53 Cr (+55% YoY), EPS ₹4.25 vs ₹3.63, debt-free balance sheet, offline channel growth of 90% YoY positions it for festive/winter season revenue; watch whether H2 working capital build converts to cash
- Khazanchi Jewellers/Board Migration↓ (OPPORTUNITY)◆
BSE and NSE in-principle approvals to move from SME to Main Board; listing liquidity and index eligibility could improve on migration, subject to NSE listing application within 45-day validity window
- LMW Limited/Capacity Expansion and Segment Recovery↓ (OPPORTUNITY)◆
Board approved new Machine Tool Division Unit III at Coimbatore on owned land; Textile Machinery Division H1 segment result rose to ₹48.23 Cr from ₹1.90 Cr, indicating margin recovery in a segment with ~₹638 Cr Q2 revenue
- Adani Green Energy/Operational Leadership↓ (OPPORTUNITY)◆
Largest BESS owner in India with 6.63 GWh (over 50% of operational BESS), #1 globally in Alternative Electricity by FTSE Russell for a second year, plant availability 94.6% wind and 99.3% solar; ESG rating record 87.3
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Acquirers' open offer at ₹10.20 per share sits above SPA price of ₹10.00 and any buyer exit at the offer price for tendering shareholders provides a defined reference; watch DPS and tendering mechanics [OPPORTUNITY, event-driven]
- EAAA India Alternatives/IPO Pricing◆
Red Herring Prospectus filed for an offer-for-sale of up to ₹1,200 Cr at ₹1,585-1,665 per share, anchor bidding 23 Oct and subscription 26-28 Oct 2026; no fresh capital raised by the company [OPPORTUNITY, event-driven]
- Jhaveri Credits/Government Contract Pipeline↓ (OPPORTUNITY)◆
GEDA Letter of Intent worth ₹5.79 Cr with 10-year O&M tail, subject to security deposit and execution within 90 days; a recurring maintenance annuity beyond the initial supply contract
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Newly incorporated ANDEMINA SpA in Chile (100% owned, CLP 30,000,000 registered capital) to pursue mining exploration and processing; early-stage option on South American resource exposure [OPPORTUNITY, speculative]
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Earnings call on 3 Nov 2026 at 5:30 PM IST with recording and transcript to be posted, useful for REIT distribution and occupancy read-through [OPPORTUNITY, event-driven]
Sector Themes (6)
- Growth Versus Quality Divergence in Infrastructure and Energy (WATCH)◆
Consolidated and headline growth is strong (Adani Green H1 revenue +36%, Oriental Rail consolidated revenue +23% H1) while standalone entities show revenue and profit declines (Adani Green standalone PBT swung to loss; Oriental Rail standalone revenue -17% H1), implying growth is increasingly concentrated in subsidiaries and requires holding-company-level scrutiny
- Other Comprehensive Income Volatility Distorting Quarterly Earnings (WATCH)◆
LMW Limited swung to OCI of ₹(87.56) Cr in Q2 from ₹94.94 Cr in Q1, reducing total comprehensive income to near zero despite 93% PAT growth; signals that headline PAT growth can mask large fair-value or remeasurement swings
- Financial Services Liquidity and ALM Mismatches (WATCH)◆
Housing finance ALM statements show structural negative mismatches in medium-term buckets (Hinduja Housing cumulative 3-5 year deficit ~₹20,635 Lakh; Truhome cumulative 6M-1Y mismatch ₹1,532 Cr), consistent with long-tenor lending funded by shorter-dated liabilities
- Standalone Cost Pressure in Asset and Wealth Management (BEARISH)◆
Aditya Birla Sun Life AMC employee costs +33% YoY vs revenue +5% and other income -74% QoQ, indicating operating leverage has turned negative; contrast with healthy QAAUM growth (+4% MF, +9% equity)
- Results-Season Governance Cluster (EVENT-DRIVEN)◆
At least 13 companies (Dwarikesh Sugar, Zuari Agro, Devson Catalyst, Apcotex, Raymond, Jasch Industries, Jasch Gauging, APL Apollo, Ritesh International, LMW, Nureca and others) have board meetings between 27 October and 4 November 2026 with trading windows closed from 1 October, creating a concentrated catalyst window
- Small-Cap Insider and Open Offer Activity (CAUTION)◆
Takeover and SAST activity clustered in small caps (Frontier Capital open offer, South India Paper Mills open offer, Mangal Credit Reg 29(2) disclosures, Centenial price-manipulation complaint) points to elevated event-driven and surveillance risk in micro and small caps
Watch List (8)
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CIRP initiated 30.09.2026 with IRP Iqbal Singh Gandhi; watch for creditor committee formation, claim filings and any resolution-plan timelines; no results date provided
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Q2 and H1 FY27 results have been reported; watch standalone impairment trajectory (₹202 Cr provision), finance cost trend and the 5.6x net debt/EBITDA ratio in upcoming disclosures
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Open offer for 43,58,163 shares at ₹10.20 under DPS dated 19 October 2026; watch tendering window, GSM Stage 3 status changes and BSE trading restriction review
- EAAA India Alternatives IPO👁
Anchor bidding 23 October 2026, subscription 26-28 October 2026; monitor final price discovery within ₹1,585-1,665 band and listing date
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Earnings call on Tuesday 3 November 2026 at 5:30 PM IST for Q2/H1 FY27; watch distribution and occupancy commentary
- Hindustan-scale results cluster (LMW, Raymond, APL Apollo, Zuari Agro, Apcotex, Dwarikesh Sugar, Jasch Industries)👁
Board meetings between 26 October and 2 November 2026; key test is whether standalone profit quality matches consolidated headlines
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Surveillance complaint to BSE and SEBI on 21 October 2026; watch for exchange/SEBI response, trading restriction, and any corrective announcement
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NSE in-principle approval valid 45 days from 19 October 2026 (through roughly early December); watch for listing application filing and Main Board migration date
Filing Analyses
(50)
20-10-2026
Swaraj Suiting Ltd filed newspaper clippings of a corrigendum to its Extraordinary General Meeting notice, published on October 20, 2026 in Financial Express (English) and Nafa Nuksaan (Hindi). The filing is a procedural disclosure to NSE and BSE; the clippings themselves are largely garbled in the source text, so the specific corrections and any financial figures cannot be reliably extracted from this filing.
- · Company symbol: SWARAJ; scrip code: 544861
- · Corrigendum concerns the EGM notice; the newspaper text is garbled in the source and the specific changes cannot be verified from it
20-10-2026
Hinduja Housing Finance Limited filed its half-yearly Asset Liability Management (ALM-II) statement for the period ended 30 September 2026 with BSE, as required under Chapter XVII of SEBI's Master Circular for Listed Commercial Paper. The filing was also submitted to the National Housing Bank. The statement reports total inflows and outflows of approximately ₹1,389,800.91 lakh each, with a net mismatch of roughly zero overall, but shows significant negative mismatches in the 1-year to 3-year and 3-to-5-year buckets.
- · Reporting period runs 1 April 2026 to 30 September 2026; figures are in Lakh of rupees
- · Cumulative mismatch turns negative from the 3-to-5-year horizon onward, with a cumulative deficit of about ₹20635.45 Lakh up to 3-5 years
- · Largest near-term surplus appears in the 1-day bucket (inflows ₹52699.93 Lakh vs outflows ₹12031.08 Lakh)
- · Largest single outflow concentration is in the 3-to-5-year bucket borrowings of ₹218447.46 Lakh alongside ₹340429.82 Lakh in the 1-to-3-year bucket
- · Non-performing loans total ₹22209.11 Lakh, with ₹9401.50 Lakh in doubtful/loss categories due within five years
20-10-2026
Truhome Finance Limited (formerly Shriram Housing Finance Limited), a housing finance company, submitted its Asset Liability Management (ALM-II) statement for the half-year ended September 30, 2026, filed with the National Housing Bank under SEBI's Master Circular for debt securities. The statement, reported in Crores, shows total outflows of ₹5,276.60 Cr cumulatively through the over-6-months-to-1-year bucket against cumulative inflows that create a mismatch, with the cumulative structural liquidity mismatch of ₹1,532.24 Cr in the over-6-months-to-1-year bucket and a cumulative mismatch of 29.04% of outflows, indicating a sizable but manageable funding gap in the medium term.
- · Reporting period runs from April 1, 2026 to September 30, 2026; last audited balance sheet dated March 31, 2026; figures reported in Crores under Ind-AS.
- · Interest-rate sensitivity statement shows fixed-rate borrowings from RBI/NHB/Govt of ₹1,152.00 Cr in the over-1-year bucket and term money borrowings of ₹3,298.43 Cr in the 2-to-3-month bucket.
- · Mismatch as a percentage of outflows is elevated (164.12%) in the 8-to-14-day bucket, while the 1-day-to-7-day bucket shows a positive mismatch of ₹369.27 Cr.
20-10-2026
ICRA Limited assigned a [ICRA] AA- (Stable) rating to a proposed issue of Non-Convertible Debentures (NCDs) of JSW Paints Limited and reaffirmed the same rating on its existing listed NCDs aggregating Rs. 3,300 crore. The rating letter, dated October 20, 2026, was received by the Company the same day and disclosed to BSE under Regulations 51 and 55 of the SEBI Listing Regulations. The filing contains no period-over-period financial performance data.
- · Rating [ICRA] AA- (Stable) applies to both the proposed NCD issue (Rs. 3,000 crore) and the reaffirmed existing NCDs (Rs. 3,300 crore).
- · ICRA reserves the right to review or revise the rating at any time, and any change in instrument terms or size requires a rating review.
- · SEBI grievance redressal, SCORES and ODR mechanisms do not apply to instruments regulated by other financial sector regulators.
20-10-2026
EAAA India Alternatives Limited has filed a Red Herring Prospectus dated October 19, 2026 for a proposed IPO comprising an offer for sale of up to Rs. 12,000 million by promoter Edelweiss Securities & Investments Private Limited. The IPO committee approved a price band of ₹1,585 to ₹1,665 per equity share with a minimum bid lot of 9 shares, with anchor bidding on October 23, 2026 and subscription from October 26 to October 28, 2026.
- · Offer is structured entirely as an offer for sale, so no fresh capital is raised by the company
- · Face value of equity shares is ₹5 each
- · Anchor investor bidding date is Friday, October 23, 2026
- · Issue opens Monday, October 26, 2026 and closes Wednesday, October 28, 2026
20-10-2026
Dr. Agarwal's Health Care Limited's Nomination and Remuneration Committee approved the allotment of 18,200 equity shares of ₹1 each to eligible employees and a subsidiary's employees upon exercise of vested ESOPs under the Employees Stock Option Scheme 2022. Paid-up equity share capital rises from ₹31,70,26,183 to ₹31,70,44,383, with total issued shares reaching 31,70,44,383. The allotment is routine and immaterial in size, with a total exercise value of roughly ₹23.6 lakh.
- · Allotment is 8,200 shares at ₹129.88 each (premium ₹128.88) and 10,000 shares at ₹135.00 each (premium ₹134.00) from different vesting tranches
- · Shares are pari passu with existing equity shares and carry no lock-in
- · Allotment approved at NRC meeting held October 20, 2026, from 6:00 PM to 6:15 PM IST
- · Filing made under Regulation 30 read with Schedule III of SEBI LODR and Regulation 10(c) of SEBI SBEB & Sweat Equity Regulations 2021; references an earlier statement filed February 24, 2025
20-10-2026
Gautam Gems Limited submitted to BSE a copy of a Regulation 74(5) confirmation certificate issued by its Registrar and Share Transfer Agent, KFin Technologies Ltd., dated October 14, 2026, covering the quarter July 1 to September 30, 2026. The certificate confirms that KFin processed dematerialization requests within the required 15-day window, approved or rejected demat requests, listed the relevant securities on the stock exchanges, cancelled physical share certificates, and substituted depositories as registered owners in the register of members. This is a routine compliance filing with no financial performance data, dividends, or corporate actions disclosed.
- · Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 covers the quarter ended September 30, 2026
- · Company BSE Script Code: 540936
- · Filing reference: GGL/SE/2026-27/P23; certificate reference: KFIN2026/GAUT/74(5) Q4/Certificate
21-10-2026
Catalyst Trusteeship Limited, on behalf of RUA India Securitisation Trust 2026-2, notified BSE of the record date (06-Nov-26) for monthly principal and interest payments on Pass Through Certificates (PTCs). Series A1 (6,156 PTCs, ISIN INE2XHL15010) will receive a principal payment of Rs 9,233.75 per unit and interest of Rs 32.40 per unit, paid on 23-Nov-26. Series A2 (100 PTCs, ISIN INE2R5L15028) will receive a principal payment of Rs 9,233.75 per unit with no interest component. The filing is an administrative routine notice with no sign of stress or deviation from schedule.
- · Series A1 ISIN INE2XHL15010 and Series A2 ISIN INE2R5L15028
- · Record date 06-Nov-26 and payment date 23-Nov-26 for both series
- · Series A1 coupon rate and Series A2 coupon rate both listed as 0.00%, with interest paid per unit for A1 only
21-10-2026
Catalyst Trusteeship Limited, on behalf of the Liquid Gold Series 18 Pass Through Certificate (PTC) trust, has fixed a record date of 05-Nov-2026 for monthly principal and interest payments due 20-Nov-2026. Series A (ISIN INE2R5L15013, 10,000 PTCs, 8.83% coupon) carries an interest payment of ₹4,703.70 per unit with no principal payment this cycle. Series B (ISIN INE2R5L15021, 881,861,606 PTCs, 9.80% coupon) reports zero principal and zero interest payable this period.
- · Series B has no principal or interest payable this cycle despite a 9.80% coupon, suggesting interest accrual or deferral mechanics not disclosed in the filing
- · Series A principal payment is zero this cycle; all Series A cash flow is interest-only
- · Series B outstanding PTC count (881,861,606) is roughly 88,000 times the Series A count, indicating very different tranche sizes within the same series
21-10-2026
3M India Limited disclosed that Ms. Kong Sau Wai Elizabeth (DIN: 10879418), Non-Executive Non-Independent Director, tendered her resignation from the Board by letter dated October 20, 2026, effective at the close of business on November 6, 2026, to pursue professional opportunities outside 3M. The resignation will be placed before the Board at its upcoming meeting for noting. The filing is a routine Regulation 30 / Schedule III Part A disclosure of a senior management personnel change, with no financial figures reported.
- · Resignation letter dated October 20, 2026; effective close of business November 6, 2026
- · Filed under Regulation 30 read with Para A (7) of Part A of Schedule III, SEBI LODR Regulations, 2015, referencing SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- · Director's stated reason: pursuing professional opportunities outside 3M; no other reason disclosed
- · Relationship disclosure and brief profile marked Not Applicable
21-10-2026
Srujan Alpha Capital Advisors LLP, as Manager to the Open Offer, published the Detailed Public Statement (DPS) dated October 19, 2026 for an open offer by Mr. Prafful Agarwal and Mrs. Anupam Gupta to acquire up to 43,58,163 equity shares (26.00% of total voting share capital) of Frontier Capital Limited at ₹10.20 per share. The offer follows a Share Purchase Agreement under which the acquirers will take control of the company from promoters Mr. Anirudh Bhuwalka and Inimitable Capital Finance Private Limited, who hold 56.07% and will sell their entire stake. The company's stock is under Graded Surveillance Measure Stage 3 on BSE, which is a negative signal for trading conditions.
- · Offer price is ₹10.20 per share, while the SPA price is ₹10.00 per share
- · Target Company is under Graded Surveillance Measure (GSM) Stage 3 per BSE Notice No. 20261016-35 dated October 16, 2026, and trading is under Trading Restricted Group
- · Target Company is an RBI-registered Non-Deposit taking NBFC (registration 13.02047, dated June 12, 2013)
- · Acquirers intend to expand the existing limited lending business into loans against listed shares and loans against property
- · Acquirers will become the new Promoters and take control of management; promoter sellers will fully exit
- · Offer payment is in cash via banking channels under Regulation 9(1)(a) of SEBI (SAST) Regulations
- · Tendering period is 10 working days; Acquirer II (Mrs. Anupam Gupta) holds no shares currently but will acquire 9,39,645 shares (5.61%) under SPA
21-10-2026
InfoBeans Technologies Ltd. announced it has achieved the Select Partner tier in Anthropic's Claude Partner Network Services Track, a recognition based on building a certified delivery team, delivering Claude use cases for clients, and publishing public customer references. The company states that 43% of its revenue as of March 2026 came from AI-led software engineering services. The filing is a press release and contains no financial results, guidance, or quantified period-over-period performance metrics.
- · Company plans to keep growing its Claude-certified team and extend agentic engineering to clients in banking and financial services, storage and virtualization, and other sectors
- · ServiceNow named InfoBeans a 2026 Partner of the Year
- · InfoBeans holds ISO/IEC 42001 certification for its AI management system
- · Presence in the US, Europe, the Middle East and India
21-10-2026
Goa Carbon Limited disclosed a Rectification Order dated 08.10.2026 from the Deputy Commissioner of Income Tax, Circle-1(1), Panaji, under Section 154 of the Income-tax Act, 1961 for Assessment Year 2010-11, which grants additional interest and a further refund of Rs. 22,22,305/- (₹2.22 Lakh). This follows an earlier Rectification Order dated 10.07.2026 that granted Section 244A interest and a further refund of Rs. 1,20,44,555/- (₹1.20 Crore), on top of the original refund of Rs. 76,15,436/- (₹76.15 Lakh). The Company is evaluating its next steps in the pending Writ Petition (L) No. 485 of 2026 before the Bombay High Court, Goa Bench.
- · Rectification Order dated 08.10.2026 was received by the Company on 20.10.2026 at around 16:58 hours
- · Total refund amounts under the rectification orders aggregate to approximately Rs. 1.45 Crore beyond the original refund
- · Company is evaluating the appropriate course of action on the pending Writ Petition before the Bombay High Court
21-10-2026
Gujarat Toolroom Limited has been subjected to a Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016, after the Hon'ble NCLT Ahmedabad Bench admitted the petition by order dated 30.09.2026 in CP (IB) 158/NCLT/AHM/2026. Iqbal Singh Gandhi (IBBI reg. no. IBBI/IPA-001/IP-P-02365/2021-2022/13524) has been appointed as Interim Resolution Professional, and the company is now designated 'In CIRP'. The filing contains no financial results, monetary claim amounts, or period-over-period operating data.
- · NCLT order dated 30.09.2026 (copy received by the IRP on 01.10.2026) admitted the Section 9 petition, application no. CCR/NCLT/2026/158/03275 filed 2026-10-08
- · BSE Scrip Code 513337; ISIN INE145J01032
- · IRP's AFA valid up to 30-06-2027
21-10-2026
Apeejay Surrendra Park Hotels Limited has signed a Hotel Management Agreement for Zone Connect by The Park Aurangabad, a 50-key hotel on Beed Bypass in Chhatrapati Sambhajinagar, expected to open soon. The property will offer accommodation, Café C all-day dining, a banquet hall, a meeting room/boardroom, and Vitalia Gym & Spa, targeting both business and leisure travellers. The filing discloses no financial figures, so its investor impact is limited to incremental portfolio expansion.
- · Hotel is located on Beed Bypass near the city's three MIDC industrial zones, key transport links and popular wedding venues
- · Nearby attractions include the Ajanta and Ellora caves and historic forts and museums
- · Hotel management agreement partner is M/s S.M Squad
21-10-2026
Adani Green Energy Limited (AGEL) reported strong financial results for Q2 and H1 FY27, with revenue from power supply growing 45% YoY to ₹4,019 Crore in Q2 and 36% YoY to ₹8,299 Crore in H1. EBITDA from power supply surged 51% YoY to ₹3,835 Crore in Q2 and 41% YoY to ₹7,957 Crore in H1, with EBITDA margins improving to 92.0% and 92.9% respectively. However, the standalone cash flow statement shows a net loss before tax of ₹64 Crore for the half-year ended September 2026, compared to a profit of ₹367 Crore in the same period last year, driven by significant impairment provisions on investments in subsidiaries. The US DOJ indictment against two executive directors and one non-executive director was dismissed with prejudice, and the US SEC civil complaint was resolved via final judgement on August 10, 2026, with the directors paying civil penalties and being permanently enjoined; the company was not named as a defendant.
- · Net debt to run-rate EBITDA stands at 5.6x.
- · Cumulative BESS capacity of 6.63 GWh accounts for more than 50% of India's operational BESS capacity.
- · The standalone cash flow statement shows a net loss before tax of ₹64 Crore for H1 FY27, compared to a profit of ₹367 Crore in H1 FY26, primarily due to a ₹202 Crore impairment provision on investments in subsidiaries.
- · During H1 FY27, the company invested ₹2,574 Crore in Unsecured Perpetual Debt and received back ₹517 Crore from subsidiaries.
- · The US SEC civil complaint was resolved on August 10, 2026, with directors paying civil monetary penalties and being permanently enjoined from violating specified securities laws. The US DOJ indictment was dismissed with prejudice on the same date.
- · The company incorporated three new step-down subsidiaries in H1 FY27: ARE64L Step-One Renewable Energy Limited, ARE64L Step-Two Renewable Energy Limited, and AGEL Global IFSC Limited.
- · Revenue from the 'Sale of Goods/Equipments and Related Services' segment declined 27% YoY in H1 FY27 to ₹147 Crore (from ₹477 Crore in H1 FY26).
- · Consolidated finance costs increased 30% YoY to ₹4,120 Crore in H1 FY27.
- · Total consolidated assets grew 12% to ₹1,61,913 Crore as at September 30, 2026, from ₹1,44,097 Crore as at March 31, 2026.
- · Non-current borrowings increased to ₹1,00,484 Crore as at September 30, 2026, from ₹87,897 Crore as at March 31, 2026.
21-10-2026
Dwarikesh Sugar Industries Limited has intimated that its Board of Directors will meet on October 29, 2026 via video conference to consider unaudited financial results for Q2 and the half year ended September 30, 2026, along with a Limited Review Report. The Board will also consider continuing two non-executive independent directors, Shri Rajan K. Medhekar and Shri Gopal B. Hosur, upon each attaining age 75 during their current terms. The trading window for designated persons is closed from October 01, 2026 until 48 hours after the results are declared.
- · Board meeting scheduled for Thursday, October 29, 2026, via video conferencing
- · Trading window closed from October 01, 2026 until 48 hours after declaration of Q2 and H1 FY27 results
- · Trading window closure was previously intimated to exchanges on September 24, 2026 (ref DSIL/2026-27/186)
- · Board to consider continuation of two independent directors upon reaching age 75 during their existing terms, indicating a governance/succession item rather than a new appointment
21-10-2026
Jhaveri Credits & Capital Ltd. received a Letter of Intent from the Gujarat Energy Development Agency (GEDA), subject to a security deposit, for supply, installation, commissioning and a 10-year comprehensive maintenance contract for solar rooftop systems on government buildings in Gujarat (capacity range 1 to 6 kW) during 2026-27. The contract is valued at Rs 5,79,15,071 (Rs 5.79 Crore; approximately Rs 5.8 Crore), is a one-time domestic order, and must be executed within 90 days. The filing contains no prior-period comparison data.
- · Contract is a one-time order, awarded by a domestic entity, with no promoter/group company interest and not a related party transaction (arm's length question therefore not applicable)
- · Letter of Intent is subject to payment of a security deposit under the tender terms and conditions
21-10-2026
Oriental Rail Infrastructure Limited reported consolidated revenue from operations of ₹17,248.5 Lakh for Q2 FY27 (quarter ended September 30, 2026), up 29.3% YoY from ₹13,339.40 Lakh in Q2 FY26, and net profit of ₹1,531.03 Lakh, up 43.5% YoY from ₹1,066.57 Lakh. However, standalone revenue declined 27.0% YoY to ₹3,109.49 Lakh, with standalone net profit down 45.6% YoY to ₹210.88 Lakh, indicating a divergence between consolidated and standalone performance.
- · Consolidated revenue for H1 FY27 was ₹31,006.51 Lakh, up 23.4% from ₹25,129.83 Lakh in H1 FY26.
- · Consolidated PAT for H1 FY27 was ₹2,605.80 Lakh, up 57.6% from ₹1,653.94 Lakh in H1 FY26.
- · Standalone revenue for H1 FY27 was ₹6,394.11 Lakh, down 17.1% from ₹7,710.14 Lakh in H1 FY26.
- · Standalone PAT for H1 FY27 was ₹431.00 Lakh, down 29.4% from ₹610.52 Lakh in H1 FY26.
- · Consolidated finance costs increased 3.5% YoY in Q2 FY27 to ₹636.40 Lakh from ₹614.76 Lakh.
- · Consolidated employee benefits expense decreased 4.6% YoY in Q2 FY27 to ₹861.07 Lakh from ₹902.27 Lakh.
- · Consolidated depreciation and amortisation increased 10.8% YoY in Q2 FY27 to ₹259.24 Lakh from ₹234.00 Lakh.
- · Standalone other income increased 58.4% YoY in Q2 FY27 to ₹130.35 Lakh from ₹82.32 Lakh.
- · Paid-up equity share capital remained constant at ₹670.59 Lakh across all periods.
21-10-2026
South India Paper Mills Ltd. has issued a pre-offer advertisement and corrigendum to the Detailed Public Statement for an open offer by Nandini Modi and Kirit Modi (with PACs) to acquire up to 48,75,000 equity shares (26.00%) at ₹120 per share under SEBI SAST Regulations, 2011. The filing revises disclosures on past SEBI LODR non-compliances, including a ₹283,200 fine (waived by BSE) and a ₹214,760 fine (paid March 24, 2023), and notes that 1,33,419 public-held shares were under pledge as of October 09, 2026. The Committee of Independent Directors has recommended the offer as fair and reasonable, while a former shareholder of Horizon Packs Private Limited, J K Paper Limited, has objected to the underlying transaction and the open offer, alleging breach of non-compete obligations.
- · Tendering Period expected from October 22, 2026 to November 04, 2026, with Identified Date of October 07, 2026
- · Independent Committee recommended the offer as fair and reasonable; recommendation approved October 15, 2026
- · No competing offer under Regulation 20 and no competitive bid received
- · Letter of Offer mailed October 13, 2026 electronically and dispatched physically October 14, 2026
- · SEBI observation letter dated October 05, 2026 received; comments incorporated into LOF
- · Two directors (Harshad Natwarlal Modi and Kanishka Harshad Modi) are either Sellers or represent Sellers under the SPA; Seller 1 is brother and Seller 2 is sister-in-law of Acquirer 2
- · J K Paper Limited objected on August 25, 2026, alleging breach of non-compete obligations (valid until May 16, 2029) under the November 21, 2022 SPSHA
- · Statutory approvals: LOF now states none are currently required, with subject-to-approval condition if later required
- · Registrar contact person updated from M. Murali Krishna to Williams R
- · Risk factors added covering the Underlying Transaction, the Open Offer and the Acquirers/PACs
21-10-2026
Mangal Credit and Fincorp Ltd (BSE: 505850) has filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 for Hardik Jain, dated October 21, 2026. The filing as summarized does not disclose the transaction type (acquisition or disposal), share quantity, transaction value, or post-transaction holding percentage. Because no quantitative transaction data is available in the summary, the directional impact cannot be determined from the filing alone.
- · Sector classified as technology in the input metadata, which is atypical for a credit and fincorp entity and should be verified against the company's registered business activity.
21-10-2026
APL Apollo Tubes Limited has intimated to NSE and BSE a Q2 & H1FY27 Results Conference Call scheduled for Monday, 26 October 2026 at 5:00 PM IST to discuss financial results for the quarter and half year ended 30 September 2026. The call will be hosted with five senior management representatives, including the Chairman & Managing Director, and coordinated by ICICI Securities. No financial figures, performance metrics, or results are disclosed in this intimation.
- · Conference call date and time: Monday, 26 October 2026 at 17:00 hrs IST
- · Results period covered: quarter and half year ended 30 September 2026 (Q2 & H1FY27)
- · Dial-in options include universal access numbers and international toll-free numbers for USA, UK, Singapore and Hong Kong
- · Filing made under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015
21-10-2026
Zuari Agro Chemicals Limited has notified the stock exchanges that its Board of Directors will meet on Monday, 2 November 2026 to consider the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026. The company also confirmed the trading window will remain closed until 4 November 2026, 48 hours after the results are declared.
- · Trading window closure extends until 4 November 2026, two days after the results declaration
- · BSE scrip code 534742 and NSE symbol ZUARI
21-10-2026
Mangal Credit and Fincorp Ltd (BSE: 505850) has filed a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 for Indra Meghraj Jain. The filing confirms the disclosure was received by the Exchange but the provided summary does not disclose transaction quantity, value, price, or resulting holding percentage. No financial performance metrics are included in the filing summary.
- · Filing is classified as a SAST Regulation 29(2) disclosure, which is triggered by changes in shareholding of an acquirer/seller beyond prescribed thresholds; the subject individual's category (promoter, promoter group, or public) is not stated
21-10-2026
Adani Green Energy Limited reported unaudited consolidated results for the quarter and half year ended 30 September 2026, with H1 FY27 revenue from power supply up 36% YoY to ₹8,299 Cr and Q2 power supply revenue up 45% YoY to ₹4,019 Cr, while consolidated profit after tax for H1 rose to ₹1,730 Cr (from ₹1,468 Cr) and Q2 PAT rose to ₹747 Cr (from ₹644 Cr). However, standalone results showed a loss before tax of ₹(64) Cr for H1 FY27 versus a profit of ₹367 Cr a year earlier, and consolidated Q2 PAT declined sequentially from ₹983 Cr in Q1 FY27, while finance costs rose sharply to ₹4,120 Cr for H1 (from ₹3,160 Cr). The company also disclosed closure of the US SEC/DOJ matter involving two directors with no adjustments required, and a 32% YoY rise in energy sales to 25,747 MUs.
- · Standalone net cash from operating activities rose to ₹2,087 Cr in H1 FY27 from ₹2,439 Cr, a decline of about 14%
- · Consolidated finance costs rose 30% YoY to ₹4,120 Cr in H1 FY27, weighing on margins despite revenue growth
- · Consolidated Q2 PAT of ₹747 Cr fell 24% QoQ from ₹983 Cr in Q1 FY27
- · Standalone cash and cash equivalents fell to ₹142 Cr at 30 Sep 2026 from ₹252 Cr a year earlier
- · Net debt to run-rate EBITDA stands at 5.6x, and H1 capex was ₹17,160 Cr, up 38% YoY
- · Consolidated renewable operational capacity reached 20,763 MW, up from 16,680 MW a year earlier
- · Standalone trade receivables and inventories movements contributed to working capital swings; standalone Q2 PAT data not separately disclosed
- · US SEC/DOJ matter concluded with final judgement on 10 Aug 2026 and charges dismissed; no adjustments required
- · Consolidated Q2 Other Income and H1 figures are not separately highlighted in the summary
- · Unrealised FX movement was nil in standalone H1 FY27
21-10-2026
Mangal Credit and Fincorp Ltd (BSE: 505850) disclosed under Regulation 29(2) of SEBI (SAST) Regulations, 2011 regarding Meghraj Jain. The filing summary does not disclose the nature of the acquisition or disposal, share quantity, transaction value, or resulting holding percentage. Data available is limited to the fact of the disclosure itself.
- · Disclosure is classified as SAST Reg. 29(2), indicating a change in shareholding of a person entitled to significant holding; sector is listed as technology per the source metadata, though the company name suggests a credit/fincorp business - classification should be verified
21-10-2026
National Plastic Industries Limited filed a copy of a newspaper advertisement with BSE under Regulation 47(3) of the SEBI LODR Regulations, serving as a bi-monthly reminder to physical shareholders about a special window for re-lodgment of transfer requests for physical shares. The filing contains no financial results, no monetary amounts, and no material operational or strategic developments.
21-10-2026
Devson Catalyst Limited has intimated to BSE that its Board of Directors will meet on Monday, November 02, 2026 to consider and approve the Unaudited Standalone Financial Results for the half year ended September 30, 2026, along with any other items the Board may decide. The company also confirmed that its trading window for Designated Persons and their immediate relatives has been closed since Thursday, October 01, 2026, and will reopen 48 hours after the results are published.
- · Company symbol is DEVSON with script code 544823 on BSE
- · Filing is made under Regulation 29 of SEBI LODR, 2015, and results are presented under Regulation 33
- · Trading window closed from October 01, 2026, ahead of the results, under SEBI Prohibition of Insider Trading Regulations, 2015 and the company's internal Code of Conduct
- · Company was formerly known as Devson Catalyst Private Limited and is based in Wadhwan, Surendranagar, Gujarat
21-10-2026
Kiaasa Retail Ltd announced the launch of a new premium, no-discount ethnic wear brand, VIRASAT - Affordably Luxurious, debuting during the Navratri season via a phased rollout in select flagship locations, initially as shop-in-shop sections within existing Kiaasa outlets. The company plans to later open standalone Virasat boutiques. The filing contains no financial figures, revenue data, or period-over-period comparisons.
- · Virasat follows a strict full-price, no-discount policy
- · Launch is timed ahead of the Navratri festive shopping season across flagship malls and key high-street markets
- · Company intends to scale to standalone Virasat boutiques in later phases
21-10-2026
Khazanchi Jewellers Limited has received in-principle approval from both BSE and NSE for migrating its equity shares from the BSE SME platform to the Main Board of both exchanges. The BSE approval (dated September 11, 2026) and NSE approval (dated October 19, 2026) are subject to compliance with stated conditions, and the NSE approval is valid for 45 days from issuance. Final approval from NSE requires submission of a listing application and equity listing agreement.
- · BSE in-principle approval reference: LO\MIGRATION\PJ\IP\272\2026-2027 dated September 11, 2026
- · NSE in-principle approval reference: NSE/LIST/72 dated October 19, 2026
- · NSE approval valid for 45 days from date of issuance
- · Filing made under Regulation 30 read with Schedule III of SEBI LODR Regulations, 2015
- · Company's BSE scrip code is 543953 and CIN is L36911TN1996PLC034918
21-10-2026
LMW Limited reported standalone unaudited results for the half year ended 30 September 2026, with Q2 FY27 revenue from operations of ₹1,127.52 Cr, up 45.3% YoY from ₹776.03 Cr, and standalone net profit of ₹87.21 Cr versus ₹45.14 Cr a year earlier (+93.2%). Half-year revenue from operations rose to ₹1,980.82 Cr (+35.6% YoY) and half-year PAT to ₹153.22 Cr (+120.1% YoY). Results are mixed, however: Other Income fell 34.1% YoY in Q2 to ₹25.95 Cr, Other Comprehensive Income swung to a loss of ₹(87.56) Cr in the quarter, and the Textile Machinery Division's half-year segment result was only ₹48.23 Cr against a ₹1.90 Cr base, while standalone total comprehensive income for the quarter was roughly flat at ₹(0.35) Cr versus ₹37.61 Cr a year earlier. The auditor (Brahmayya & Co.) issued a limited review report with an unmodified conclusion, noting that two subsidiaries (not reviewed by them) carried total assets of ₹795.63 crore, Q2 revenue of ₹43.13 crore, and a half-year net cash outflow of ₹216.96 crore, and that the Q2 figures are a balancing figure.
- · Textile Machinery Division half-year segment result rose to ₹48.23 Cr from ₹1.90 Cr, while its Q2 segment result was ₹37.33 Cr, up from ₹13.06 Cr
- · Standalone Other Comprehensive Income was a loss of ₹(87.56) Cr in Q2 versus a loss of ₹(7.53) Cr a year earlier
- · Standalone Bank balances other than cash equivalents fell to ₹658.20 Cr from ₹869.76 Cr at 31 March 2026, while investments in subsidiaries rose to ₹666.00 Cr from ₹379.86 Cr
21-10-2026
Aditya Birla Sun Life AMC filed its Q2 FY27 investor presentation and press release for the quarter and half year ended September 30, 2026. Q2 FY27 standalone net income fell 29% QoQ and 8% YoY to INR 2,210 million, while revenue from operations rose 5% YoY to INR 4,838 million and total expenses rose 21% YoY, driven mainly by a 33% jump in employee benefit costs. Mutual fund QAAUM was INR 4,418 billion (up 4% YoY) and equity QAAUM was INR 2,092 billion (up 9% YoY), while Individual MAAUM was flat QoQ and debt-related metrics were mixed.
- · Other income collapsed 74% QoQ to INR 424 million from INR 1,624 million in Q1 FY27, which drove most of the net income decline
- · Employee benefits expense rose 33% YoY to INR 1,263 million, outpacing revenue growth of 5%
- · Overall QAAUM including mandate rose 140% YoY, but excluding mandate Overall AUM rose 4% YoY
- · Individual MAAUM fell 1% QoQ to INR 2,177 billion while B-30 MAAUM rose 5% QoQ to INR 780 billion; institutional MAAUM rose 4% QoQ
- · Fixed income QAAUM was up 9% YoY to INR 2,326 billion but mutual fund closing AUM declined 1% YoY
- · Passive AUM grew 2x since Q2 FY24 to INR 399 billion; ETF AUM was INR 126 billion
- · PMS/AIF AUM grew 2074% YoY to INR 6,576 billion including mandate, but offshore AUM was up only 6% to INR 51 billion
- · Industry QAAUM rose 13% YoY but industry net sales moderated in Q2 FY27
- · Company allotted 171,641 equity shares under ESOP schemes in the quarter
21-10-2026
Apcotex Industries Limited has intimated that its Board of Directors will meet on Wednesday, 28 October 2026 to consider and approve audited financial results for the quarter and half year ended 30 September 2026. The company also reminded markets that its trading window for designated persons under its insider trading code has been closed since 1 October 2026 and will reopen 48 hours after the results are declared.
- · Trading window closed since 1 October 2026 and reopens 48 hours after financial results declaration
- · NSE symbol APCOTEXIND; BSE security code 523694
- · Intimation filed under Regulation 29 of SEBI LODR Regulations, 2015
21-10-2026
Centenial Surgical Suture Ltd (BSE scrip 531308) wrote to the BSE Investigation/Surveillance Department and copied SEBI on October 21, 2026, flagging an abnormal, unexplained price fall and suspected manipulative trading in its shares, including trades of only 1 equity share at around Rs.71.25 in the morning session. The company states it has made no material announcement to explain the price movement, requests a full investigation, and says it is ready to assist regulators. The letter contains no financial results, revenue, or operational figures.
- · The company alleges possible price manipulation involving broker-routed buyers spread across India, repeated buyers, and synchronized trading.
- · The company requests action against concerned broking houses and/or their clients.
- · The letter contains an unsupported and unverified remark suggesting foreign nationals from neighboring countries may be involved.
21-10-2026
Shashijit Infraprojects Limited disclosed under Regulation 30 of the SEBI Listing Regulations that the dispute over a leased property acquired from Vapi Municipal Corporation (erstwhile Vapi Nagar Palika) was listed before the Hon'ble High Court of Gujarat on 9th October, 2026, but was not taken up and was adjourned to 23rd October, 2026. The matter remains pending with no adjudication on the merits as of the disclosure date.
- · Earlier disclosures on this dispute were referenced as dated 15 February 2024, 4 June 2026, 20 June 2026, 7 July 2026, 27 July 2026, 25 August 2026, 21 September 2026 and 30 September 2026
- · The next hearing is scheduled for 23 October 2026
- · Litigation against key management personnel, promoters or ultimate persons in control: Not Applicable
- · No settlement of the proceedings has occurred, so settlement terms, compensation or penalty details are Not Applicable
21-10-2026
Adani Green Energy Limited submitted its H1 FY27 (half year ended September 30, 2026) earnings presentation to BSE and NSE. Revenue from power supply rose 36% YoY to ₹8,299 Cr and EBITDA from power supply rose 41% YoY to ₹7,957 Cr, with cash profit up 35% YoY to ₹4,176 Cr. Operational capacity grew 24% YoY to 20,763 MW, while net debt increased to ₹1,02,973 Cr (operational) from ₹91,252 Cr a year earlier, and FY27E net debt to run-rate EBITDA stands at 5.6x, unchanged from the prior comparison.
- · Wind portfolio plant availability was 94.6% and solar 99.3%, with hybrid 98.8%, in H1 FY27
- · Ranked no. 1 globally in the Alternative Electricity Subsector by FTSE Russell for the second consecutive year
- · Achieved CareEdge-ESG 1+ rating with a record score of 87.3
- · Ranked no. 1 in the Power Generation sector by CRISIL for the fifth consecutive year
- · Secured US$3.4 bn revolving construction facility with IG-rated issuance from RG1 and RG2
- · Targets 50 GW renewable capacity by 2030 versus 20.8 GW operational today, with 5 GW of pumped storage
- · Infirm PPA capacity sold on merchant basis; 974 MW of 4.7 GW tied-up capacity is converting to 25-year fixed PPAs
21-10-2026
Ritesh International Ltd's Board approved the unaudited financial results for the quarter and half year ended 30.09.2026 at a meeting on 21.10.2026. Q2 FY27 revenue from operations rose 81.6% YoY to ₹7,034.31 Lakh from ₹3,874.15 Lakh, and net profit rose 190.1% YoY to ₹307.68 Lakh from ₹106.07 Lakh. Half-year revenue from operations grew 63.8% to ₹12,088.31 Lakh, while Q2 profit fell sharply from Q1's ₹174.40 Lakh, and free cash flow turned negative as inventories and borrowings rose.
- · Q2 FY27 PAT fell 43.2% from Q1 FY27 PAT in absolute terms only if the QoQ comparison is read against Q1 at ₹174.40 Lakh; profit rose 76.5% QoQ, so Q2 profit growth was strong sequentially
- · Half-year cash flow from operating activities fell to ₹64.75 Lakh from ₹680.04 Lakh in the prior full year, driven by a ₹962.82 Lakh increase in inventories
- · Total borrowings (current and non-current) rose to ₹1,636.60 Lakh at 30.09.2026 from ₹892.10 Lakh at 31.03.2026
- · Net cash used in investing activities was ₹204.84 Lakh, mainly ₹208.16 Lakh of PP&E acquisitions
- · Net cash inflow for the half year was negative at ₹(91.49) Lakh, reducing cash and equivalents to ₹36.94 Lakh
- · Quarterly employee benefits expense rose 12.1% YoY to ₹128.41 Lakh; other expenses rose 76.2% YoY to ₹1,079.61 Lakh
- · Limited review report by Ashok Shashi & Co. identified no material misstatement; the review was on a moderate-assurance basis with no audit opinion expressed
- · Single reportable segment: Non edible oils
21-10-2026
IDFC First Bank's Nomination & Remuneration Committee approved the grant of 98,00,000 (9.8 million) stock options under its Employee Stock Option Scheme to new joiners and eligible employees, tied to employment offers and performance-based retention. The options vest 25% annually over four years with a 3-month exercise window from each vesting date, and Executive Board members are excluded from the grant.
- · Grant was approved at an NRC meeting held October 21, 2026 (11:30 a.m. to 2:10 p.m.) under SEBI (SBEB) Regulations, 2021
- · Option exercise price is determined by the NRC and was not disclosed in the filing
- · Each option tranche has a 3-month exercise window following its vesting date
21-10-2026
LMW Limited reported standalone and consolidated unaudited results for the half year ended 30 September 2026. Standalone revenue from operations for Q2 FY27 was ₹1127.52 Crore, up 45.3% from ₹776.03 Crore in the year-ago quarter, while standalone profit after tax rose to ₹87.21 Crore from ₹45.14 Crore (+93.2%). However, Q2 revenue rose only 32.1% quarter-on-quarter from ₹853.30 Crore, and the standalone Textile Machinery Division's segment revenue of ₹638.57 Crore was up from ₹461.46 Crore but its segment results were just ₹37.33 Crore versus ₹13.06 Crore a year earlier, while standalone total comprehensive income swung to a near-zero ₹(0.35) Crore in the quarter due to a ₹(87.56) Crore other comprehensive loss. Consolidated revenue from operations was ₹1131.87 Crore (vs ₹821.88 Crore YoY) with consolidated PAT of ₹71.23 Crore (vs ₹40.92 Crore), and the auditors flagged that two subsidiaries (not reviewed by them) contributed net losses after tax of ₹15.95 Crore (quarter) and ₹26.46 Crore (half year). Overall performance is mixed: strong top-line and profit growth alongside weaker quarter-level comprehensive income and subsidiary losses.
- · Textile Machinery Division standalone segment results rose to ₹37.33 Cr from ₹13.06 Cr YoY, but segment profit fell from ₹10.90 Cr in the prior quarter's comparable base context
- · Standalone other comprehensive income was ₹(87.56) Cr in the quarter, reversing total comprehensive income to ₹(0.35) Cr
- · Standalone cash and bank balances declined as bank balances fell to ₹658.20 Cr from ₹869.76 Cr at 31 March 2026
- · Consolidated Textile Machinery Division segment results were ₹21.38 Cr for the quarter versus ₹8.83 Cr a year earlier
21-10-2026
LMW Limited's Board approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, reporting Q2 FY27 revenue from operations of ₹1,127.52 Cr, up 45.3% YoY from ₹776.03 Cr, and net profit of ₹87.21 Cr versus ₹45.14 Cr a year earlier. The Board also approved a new 'Machine Tool Division - Unit III' manufacturing unit at Coimbatore and accepted the retirement of Independent Director Sri Arun Alagappan effective 25 October 2026. Sequentially, quarterly revenue rose from ₹853.30 Cr, but other income fell from ₹38.17 Cr to ₹25.95 Cr and the Textile Machinery Division's segment result improved while its segment assets declined.
- · Q2 FY27 total comprehensive income fell sharply to ₹(0.35) Cr from ₹160.95 Cr in Q1 FY27, driven by a swing in other comprehensive income from ₹94.94 Cr to ₹(87.56) Cr.
- · Q2 FY27 total comprehensive income was ₹(0.35) Cr versus ₹37.61 Cr in Q2 FY26, a decline YoY despite higher net profit.
- · Q2 FY27 exceptional items were an expense of ₹(0.20) Cr versus ₹(2.61) Cr a year earlier.
- · Standalone Textile Machinery Division revenue rose to ₹638.57 Cr in Q2 from ₹482.09 Cr in Q1 and ₹461.46 Cr in Q2 FY26.
- · Machine Tool & Foundry Division revenue rose to ₹451.14 Cr in Q2, up 48.5% YoY from ₹303.84 Cr.
- · Investments in subsidiaries more than doubled to ₹666.00 Cr from ₹379.86 Cr at 31 March 2026.
- · Cash and bank balances (including bank balances other than cash equivalents) declined to ₹773.53 Cr from ₹1,006.50 Cr at 31 March 2026.
- · Finance costs were nil in the reported periods.
- · Auditors' review report is unmodified; the Q1 FY27 and H1 FY26 figures were reviewed by predecessor auditors, and the quarter ended 30 September 2026 is a balancing figure.
21-10-2026
Jasch Industries Limited has notified BSE that its Board of Directors will meet on 29 October 2026 at 12:30 hours to consider and approve the standalone unaudited financial results for the quarter and half year ended 30 September 2026. The company has also stated that the trading window, closed from 1 October 2026 for persons possessing unpublished price sensitive information (UPSI), will remain closed until 48 hours after publication of the results.
- · Board meeting date: 29 October 2026 at 12:30 hours
- · Trading window closed effective 1 October 2026 and remains closed until 48 hours after results publication
- · Filing made under Regulation 29 of SEBI (LODR) Regulations, 2015
- · Company CIN: L24302DL1985PLC383771; registered office in New Delhi, works at Bahalgarh, Sonipat, Haryana
21-10-2026
Ritesh International Ltd's Board approved the unaudited financial results for the quarter and half year ended 30.09.2026 at a meeting held on 21.10.2026, with a limited review report issued by Statutory Auditor Ashok Shashi & Co. Revenue from operations for Q2 FY27 rose to ₹7,034.31 Lakh from ₹3,874.15 Lakh a year earlier (about +81.6% YoY), and net profit rose to ₹307.68 Lakh from ₹106.07 Lakh (about +190.1% YoY). However, sequentially Q2 revenue rose sharply from ₹5,054.00 Lakh while other income swung to a loss of ₹(1.45) Lakh, and short-term borrowings grew substantially, with current borrowings at ₹1,383.94 Lakh versus ₹740.62 Lakh at 31.03.2026.
- · Other income swung to a loss of ₹(1.45) Lakh in Q2 FY27 versus ₹2.06 Lakh in Q1 FY27 and ₹0.74 Lakh in Q2 FY26
- · Exceptional items were ₹(1.80) Lakh in Q2 FY27 versus ₹(21.71) Lakh in Q2 FY26
- · Current borrowings rose to ₹1,383.94 Lakh at 30.09.2026 from ₹740.62 Lakh at 31.03.2026
- · Inventories rose to ₹2,719.79 Lakh from ₹1,756.97 Lakh at 31.03.2026
- · Net cash from operating activities was ₹64.75 Lakh for the half year versus ₹680.04 Lakh for FY26
- · Cash and cash equivalents declined to ₹36.94 Lakh from ₹128.43 Lakh at 31.03.2026
- · Employee benefits expense rose to ₹128.41 Lakh in Q2 FY27 from ₹114.55 Lakh in Q2 FY26
- · Other expenses rose to ₹1,079.61 Lakh in Q2 FY27 from ₹612.57 Lakh in Q2 FY26
21-10-2026
Highway Infrastructure Limited has convened its First Extraordinary General Meeting for FY 2026-27 on November 13, 2026 at 3:00 PM IST via VC/OAVM, with e-voting running November 10–12, 2026. Shareholders will vote on two resolutions: (1) increasing the authorised share capital from Rs. 40 Crore to Rs. 50 Crore (8 crore to 10 crore equity shares of Rs. 5 each), and (2) a special resolution to issue up to 1,00,00,000 convertible warrants on a preferential basis to the promoter and promoter group at Rs. 49.82 per warrant, for an aggregate consideration of up to Rs. 49,82,00,000 (Rs. 49.82 Crore).
- · Relevant Date for minimum issue price under SEBI ICDR Regulation 161 is October 14, 2026
- · Warrants exercisable within 18 months from allotment, each convertible into one equity share of Rs. 5 face value
- · Cut-off date for e-voting entitlement is Friday, November 6, 2026; results to be announced by November 15, 2026
- · Issue is preferential to promoter and promoter group, which may increase promoter shareholding and is subject to minimum public shareholding compliance
- · Warrants carry no shareholder rights (dividend or voting) until exercised and are subject to ICDR lock-in
21-10-2026
Nureca Limited reported unaudited consolidated results for Q2 FY27 (quarter ended 30 September 2026), with revenue from operations up 55% YoY to ₹58.53 crore from ₹37.74 crore, its highest quarterly revenue in 20 quarters. Operating profit rose 60% to ₹5.23 crore, while profit after tax grew 12% to ₹4.05 crore, and H1 FY27 revenue reached ₹98.87 crore (up 37% from ₹71.92 crore). Working capital increased during the half year on inventory and channel positioning ahead of the festive and winter season, and the company remains debt-free.
- · Earnings per share rose to ₹4.25 from ₹3.63 in Q2
- · Operating profit reached its highest level in 19 consecutive quarters
- · Offline revenue grew 90% YoY and 49% QoQ, while e-commerce contributed 88% of revenue
- · Employee costs declined as a proportion of revenue, reflecting a largely fixed cost base
- · Profit before tax growth (20%) and profit after tax growth (12%) lagged revenue growth (55%), indicating margin pressure below the operating line
- · Results are unaudited and subject to limited review
21-10-2026
Raymond Limited has notified the stock exchanges that its Board of Directors will meet on Tuesday, October 27, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company has also closed the trading window for Designated Persons and their immediate relatives until 48 hours after the results are declared, in line with its Code of Conduct for Prevention of Insider Trading.
- · Board meeting scheduled for Tuesday, October 27, 2026
- · Trading window closed until 48 hours after declaration of financial results
- · Scrip Code: 500330 (BSE); Symbol: RAYMOND (NSE)
- · Filing made under Regulation 29 of SEBI (LODR) Regulations, 2015
21-10-2026
Kiri Industries Limited has disclosed under Regulation 30 of the SEBI Listing Regulations that it has incorporated ANDEMINA SpA as a wholly owned subsidiary in Chile, subscribing to 100% of its initial capital of CLP 100,000 (100 fully paid shares) out of a registered capital of CLP 30,000,000. The entity is newly incorporated, has generated no revenue, and is being set up to pursue mining exploration, development, processing, trading and related investment activities in Chile and other jurisdictions.
- · The transaction is a subsidiary incorporation rather than an acquisition of an existing business; the entity has no operational revenue and has not commenced business
- · Consideration is cash, and the company states the promoter and promoter group have no interest in the transaction, so it is not a related party transaction in substance
- · No governmental or regulatory approvals are noted as required, and no indicative completion timeline applies
21-10-2026
Icon Facilitators Limited disclosed under Regulation 30 of the SEBI Listing Regulations that it received a domestic order from Noida Cyber Park Private Limited for Electro Mechanical services at Logix Cyber Park in Noida, Uttar Pradesh. The contract is valued at Rs. 80,72,952 (approximately Rs. 80.73 lakh) and is to be completed within 365 days (12 months). No promoter or promoter group interest is involved, and the transaction does not fall under related party transactions.
- · Contract is domestic and not a related party transaction, conducted at arm's length
- · No promoter or promoter group interest in the awarding entity
- · Company was formerly known as Icon Facilitators Private Limited
21-10-2026
LMW Limited's Board approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. Standalone revenue from operations for the quarter was ₹1127.52 Cr, up about 45% YoY from ₹776.03 Cr and up about 32% QoQ from ₹853.30 Cr, and standalone net profit after tax rose to ₹87.21 Cr from ₹45.14 Cr. However, Other Income fell to ₹25.95 Cr from ₹39.35 Cr YoY, and the Textile Machinery Division's segment result of ₹37.33 Cr was up sharply from ₹13.06 Cr YoY but remained well below the ₹48.23 Cr half-year figure's implied run rate in prior quarters, with margins under pressure from higher material costs.
- · Board approved a new 'Machine Tool Division - Unit III' on company-owned land at Coimbatore for manufacturing and assembly as part of a production capacity expansion plan
- · Sri Arun Alagappan (DIN: 00291361), Non-Executive Independent Director, retires effective close of business 25 October 2026 after completing his second five-year term
- · Standalone quarterly Other Comprehensive Income swung to a loss of ₹(87.56) Cr from a gain of ₹94.94 Cr in Q1, driving the flat total comprehensive income
- · Investments in subsidiaries rose to ₹666.00 Cr from ₹379.86 Cr at 31 March 2026, a ~75% increase in six months
- · Bank balances other than cash equivalents fell to ₹658.20 Cr from ₹869.76 Cr at 31 March 2026, a ~24% decline
- · Textile Machinery Division assets declined 19.7% YoY while its liabilities rose to ₹1097.01 Cr from ₹825.89 Cr (+32.9% YoY)
- · Unaudited quarterly results to be published in Business Line (English) and Hindu-Tamil (Tamil) on 22 October 2026
- · Auditor's limited review report is unmodified; Q1 FY27 figures and FY26 standalone statements were reviewed/audited by predecessor auditors
21-10-2026
Knowledge Realty Trust, through its Manager Knowledge Realty Office Management Services Private Limited, has announced an earnings conference call on Tuesday, 03 November 2026 at 5:30 PM IST to discuss financial results for the quarter and half year ended 30 September 2026. A recording and transcript of the call will be posted on the company's investor relations website. The filing contains no financial figures, so no performance metrics are reported.
- · Call dial-in numbers include +91 22 6280 1337 and +91 22 7115 8265, with international toll-free access in Hong Kong, Singapore, UK and USA
- · Participants are advised to pre-register via the Diamond Pass link and dial in 10-15 minutes early
- · Investor relations contact: ir@knowledgerealtytrust.com
21-10-2026
Jasch Gauging Technologies Limited has scheduled a Board of Directors meeting for Thursday, October 29, 2026, at 15:00 hours to approve unaudited standalone financial results for the quarter and half year ended September 30, 2026. The company's trading window closed on October 1, 2026, and will remain closed until 48 hours after the financial results are published.
- · Board meeting scheduled for October 29, 2026 at 15:00 hours, filed under Regulation 29 of SEBI (LODR) Regulations 2015
- · Trading window closed effective October 1, 2026, and remains closed until 48 hours after publication of the results
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