Large cap
L&T Finance sets July 10 for Q1 results
Routine board meeting intimation for unaudited quarterly results; no financial details or guidance.
IKS case study: $12M annual cash impact for Axia Women's Health
A client success story reports a 36% denial-rate reduction and $1.6M extra monthly collections. For IKS, it's a marketing win, not a revenue catalyst.
Hexaware launches AI ops platform without customer commitments
Tensai for Reasoning Ops promises 25-40% faster resolution and 35-45% lower manual touch. But for a firm valued over ₹31,000 cr, a launch without deal sizes is routine.
Cupid lifts FY27 revenue guidance to ₹660+ cr after Q1 tops ₹150 cr
First quarter one of strongest in history; management raises full-year target by at least 10% on international demand and new PFSCM supply deal.
KPIT warns of Q1 revenue decline as European automakers cut spending
Profit warning signals ~1% YoY USD revenue drop and steeper margin fall; H2 recovery expected.
Poonawalla Fincorp lines up ₹750 cr NCD issue
The NBFC's finance committee approved secured, redeemable debentures with a base of ₹225 cr and a greenshoe of up to ₹525 cr. A standard treasury operation at roughly 1.9% of market cap.
LTTS launches Ainfonix 4.0 AI platform – no revenue guidance
The engineering intelligence platform claims 85% data extraction accuracy and 30-50% faster retrieval, but the filing provides no customer wins or financial impact.
IIFL secures first Moody's rating at Ba3 with stable outlook
Moody's assigns Ba3 to IIFL's $1B GMTN programme. The rating supports offshore fundraising but is broadly in line with existing Fitch rating.
Yes Bank lands two-notch rating upgrade to CARE AA+
CareEdge lifts long-term bonds two notches, citing improving asset quality and a stronger deposit franchise. The upgrade may lower borrowing costs but was largely expected.
Apar Industries board approves ₹2,500 cr fundraise
The company will raise up to ₹2,500 crore via QIP, rights issue, or preferential allotment, about 3.9% of market cap. Proceeds likely fund the ₹1,500 crore capex plan announced earlier this month.
Tata Comms bets $152M on two India-Singapore subsea cables
The investment equals 2.2% of market cap and is funded internally; the first cable won't be ready until late fiscal 2027, limiting near-term impact.
Suzlon bags first customer for new 5 MW turbine two weeks after launch
Sunsure Energy orders 105 MW from the S175 platform, taking the cumulative partnership to 400.8 MW in under 14 months.
Kalpataru Projects lands ₹2,957 cr in new orders, enters Middle East water market
The order influx, worth nearly 13% of market cap, spans power T&D, buildings & factories, and a debut water project in the Middle East. CEO cites strong visibility for FY26-27 growth.
Yes Bank gets ₹879 cr income-tax refund, resolving AY 2018-19 dispute
Appellate authority orders refund including interest and expense benefit after original demands of ₹112.81 cr. The bank says the amount exceeds materiality threshold of ₹120 cr.
Godrej Properties picks up 47 acres in Chennai, a modest land bank addition
The ₹500 cr revenue potential parcel near Old Mahabalipuram Road is small change for a developer with a recent ₹7,000 cr Greater Noida deal and quarterly sales of ₹3,458 cr.
Yes Bank board clears up to ₹7,500 cr equity raise, ₹8,500 cr debt
The enabling resolution allows equity via QIP or preferential issue and debt in rupees or foreign currency, with aggregate dilution capped at 10% of expanded capital. Shareholder nod needed at AGM on August 19.
Oil India widens authorised capital to ₹5,000 cr, no immediate issue
Board recommends tripling authorised share capital from ₹2,000 cr to ₹5,000 cr. The move is enabling, not dilutive. No equity plan announced.
Bandhan Bank CFO Rajeev Mantri resigns, 90-day notice starts
CFO Rajeev Mantri has resigned to pursue another opportunity, effective September 25, 2026, after a 90-day notice period. The bank has not named a successor, adding uncertainty during NPA clean-up and capital planning.
SJVN locks in 658 MW hydro offtake with Gujarat utility
Long-term PPAs cover entire output of three Himachal projects, securing revenue for a capacity that could add over 10% to current top line.
CONCOR gets a new CMD, but not until August 2026
The Railways Ministry approves Ajit Kumar Panda as Chairman & Managing Director, effective from 1 August 2026. He will serve until superannuation on 31 August 2028.
Mphasis joins Microsoft security partner ecosystem, no financials disclosed
The IT firm enters MISA to deepen AI-powered cybersecurity offerings. No revenue or contract value was announced.
Gujarat Fluorochemicals to add R134A, tap Kigali refrigerant entitlements
The move fills a product gap and targets rising AC gas demand, but no investment or capacity figures were disclosed, limiting immediate materiality.
Persistent funds Nagarro with debt, relabels margin
Persistent Systems uses €1.27B bridge loan from Barclays for Nagarro SE, no equity dilution. But a 15.6% margin cited earlier as EBIT is now called EBITDA, raising clarity questions.
REC board clears merger with PFC at 0.88:1 swap ratio
The all-stock deal will dissolve REC, creating a dominant power-sector lender with a combined balance sheet. PFC, which already holds 52.63%, will issue new equity to the remaining shareholders.
Astral drops unified-brand strategy, CPVC plant on track for Q1 FY27
Management reverses earlier stance, now says 'Astral Chemi' must stand alone. Paints to turn EBITDA positive this fiscal, UK adhesives to double EBITDA from ₹15 cr baseline.