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Sudarshan Pharma Industries Secures Strategic Acquisition to Expand Manufacturing Capabilities

On August 14, 2025, Sudarshan Pharma Industries Limited (SPIL) announced a significant development that underscores its commitment to strengthening its production capabilities and expanding its presence in the pharmaceutical manufacturing sector. In a board meeting held on the same day, the company approved the acquisition of land, building, and plant & machinery assets spread across 1,563.15 square meters, located at Plot No. D-22, IDA-Medchal, Medchal Mandal, in the Malkajgiri District of Telangana. The acquisition, amounting to a total consideration of ₹25.50 crores, will be completed through a transaction with Srigen Lifesciences Private Limited.

This strategic purchase marks a crucial step forward for Sudarshan Pharma as it aims to expand its manufacturing footprint and increase production capacity. The facility being acquired is not just an infrastructural investment; it also comes with a strong foundation of pharmaceutical and chemical production capabilities. Srigen Lifesciences has been engaged in the development of over 50 potential Active Pharmaceutical Ingredient (API) key starting materials with viable commercial technology. Some of these starting materials are protected by patent rights and are already being manufactured on a commercial scale with comprehensive regulatory documentation support. The facility boasts an 80-kilolitre reactor capacity, making it a highly valuable addition to Sudarshan Pharma’s resources.

The company emphasized that this acquisition does not fall under the ambit of related party transactions and has been executed at arm’s length, ensuring complete transparency. By securing this asset, Sudarshan Pharma will be able to broaden its production base for a wide range of pharmaceutical and chemical products such as Ropivacaine, Bupivacaine, Probenecid (Probahan), Sitagliptin, Apixaban, and Rivaroxaban. These products hold significant value in the pharmaceutical market, both domestically and internationally, and the newly acquired infrastructure will allow the company to meet growing demand with enhanced efficiency.

For Sudarshan Pharma, the decision to acquire these capital assets aligns closely with its long-term growth strategy. The acquisition is expected to enable the company to increase its production capabilities, strengthen its supply chain, and diversify its portfolio of pharmaceutical offerings. Importantly, the move comes at a time when demand for high-quality, commercially viable pharmaceutical intermediates and finished products continues to rise. By adding this advanced facility to its operations, Sudarshan Pharma positions itself to capture new opportunities in the market and expand its influence within the global pharmaceutical sector.

The acquisition, valued at ₹25.50 crores, will be completed in cash, with the indicative timeline for completion set by December 31, 2025. Once finalized, the transaction is expected to give Sudarshan Pharma an even stronger foothold in the pharmaceutical manufacturing industry. Regulatory approvals applicable under the Companies Act, 2013, and other relevant provisions are being taken care of by the seller, ensuring a smooth transfer process.

Sudarshan Pharma Industries Limited has consistently worked towards building a robust infrastructure to support its business objectives, and this acquisition is a reflection of that vision. With the addition of the Medchal facility, the company looks forward to accelerating its growth trajectory, reinforcing its manufacturing strength, and delivering greater value to stakeholders.

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Mercury EV-Tech Limited Reports First Quarter Results for FY 2025–26

Mercury EV-Tech Limited announced the financial outcome of its first quarter for the financial year 2025–26 following the conclusion of its Board Meeting held on August 14, 2025. The meeting, chaired by Mr. Jayesh Raichandbhai Thakkar, Chairman and Managing Director of the company, commenced at 6:00 p.m. and concluded at 7:30 p.m. During this session, the Board of Directors formally approved the unaudited financial results of the company, both on a standalone as well as consolidated basis, for the quarter ended June 30, 2025.

The financial statements were reviewed by the statutory auditors, Tejas K. Soni & Company, Chartered Accountants, who conducted a limited review in accordance with SEBI (LODR) Regulations, 2015. Their report confirmed that the results had been prepared in compliance with the applicable accounting standards, including Ind AS 34 on Interim Financial Reporting, and presented a true and fair view of the company’s financial position without any material misstatements.

On a standalone basis, Mercury EV-Tech Limited reported revenue from operations of ₹490.84 lakh for the quarter, compared to ₹258.16 lakh in the corresponding period last year, demonstrating a significant improvement in business activity. Including other income of ₹38.71 lakh, the total revenue stood at ₹529.55 lakh. Expenses for the quarter amounted to ₹481.27 lakh, resulting in a profit before tax of ₹48.28 lakh. After accounting for tax expenses, the company posted a net profit of ₹35.73 lakh for the period. This compares with a profit of ₹39.09 lakh during the same quarter of the previous year.

On the consolidated front, which includes the performance of its subsidiaries such as EV Nest Private Limited, Powermetz Energy Private Limited, Traclaxx Tractors Private Limited, DC2 Mercury Cars Private Limited, and the newly acquired Haitek Automotive Private Limited, the company reported a stronger performance. Revenue from operations rose sharply to ₹2,256.65 lakh as against ₹387.49 lakh in the corresponding quarter of the previous year. With the addition of other income, the total consolidated revenue reached ₹2,306.82 lakh. After meeting expenses of ₹2,088.01 lakh, the company reported a consolidated profit before tax of ₹218.80 lakh. Net profit for the quarter attributable to the owners of the parent company stood at ₹127.43 lakh, with an additional ₹35.15 lakh attributable to non-controlling interests, taking the total consolidated profit for the period to ₹162.58 lakh.

The auditors also highlighted that the results of the subsidiaries had been consolidated based on unaudited financial statements provided by the management, though this was not considered material to the group as a whole. The company also noted that during the quarter it had completed the acquisition of 70% stake in Haitek Automotive Private Limited, which now forms part of its consolidated financial structure.

Both standalone and consolidated earnings per share (EPS) reflected the company’s improved financial performance. On a standalone basis, the basic and diluted EPS stood at ₹0.019 for the quarter, while on a consolidated basis, the basic and diluted EPS stood at ₹0.067.

The company reiterated that the results had been reviewed and recommended by the Audit Committee and approved by the Board of Directors. Figures for previous periods had been regrouped or reclassified wherever necessary to provide comparability with the current reporting period.

With this performance, Mercury EV-Tech Limited has demonstrated steady growth across both its standalone operations and subsidiary businesses. The company continues to strengthen its foothold in the electric mobility and allied sectors, reflecting not only improved revenues but also growing profitability as it enters FY 2025–26 with renewed momentum.

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Blue Cloud Softech Solutions Reports Strong Q1 Performance for FY 2025–26

Blue Cloud Softech Solutions Limited, the Hyderabad-based technology company, has released its unaudited financial results for the first quarter ended June 30, 2025. The announcement, made following the company’s Board meeting on August 14, 2025, highlighted a period of steady growth and operational strength, reflecting the company’s strong position in the software and technology services sector.

The Board of Directors met in Hyderabad, with proceedings commencing at 4:00 p.m. and concluding at 8:30 p.m., to review and approve the financial performance of the company. The statutory auditors issued their limited review report without any modifications, confirming the soundness of the financial statements.

On a standalone basis, Blue Cloud Softech Solutions recorded net sales and income from operations amounting to ₹15,437.91 lakhs for the quarter, compared to ₹10,647.46 lakhs reported in the corresponding quarter of the previous financial year. This represents a sharp rise in revenue, demonstrating consistent business expansion. The company’s profit before tax stood at ₹1,807.16 lakhs, marking an improvement from ₹1,075.69 lakhs in the same quarter last year. After accounting for taxes, the profit from continuing operations reached ₹1,329.07 lakhs, reflecting the company’s efficient cost management and growing revenue base. The total comprehensive income for the quarter was reported at ₹1,327.04 lakhs, translating into earnings per share of ₹0.61 on both basic and diluted terms.

On a consolidated basis, which also takes into account the performance of its wholly owned subsidiary, Blue Cloud Softech Solutions Pte. Ltd., the company posted an even stronger set of numbers. Net sales and income from operations reached ₹20,604.80 lakhs for the quarter, a healthy comparison against ₹23,123.90 lakhs from the year-ago period, reflecting some base variations but an overall resilient performance. Profit before tax came in at ₹1,954.01 lakhs, while profit after tax was ₹1,439.20 lakhs, marking steady progress despite fluctuations in certain expenditure categories. The consolidated comprehensive income stood at ₹1,436.30 lakhs, with earnings per share reported at ₹0.33 on both basic and diluted terms.

The company’s cost of revenue on the consolidated level was ₹16,937.06 lakhs, while employee benefit expenses were ₹1,207.68 lakhs, indicating investments in talent and delivery capacity. Administrative and other expenses were contained well within expectations, showcasing disciplined cost controls.

The results come at a time when Blue Cloud Softech Solutions continues to focus on strengthening its position in the technology services domain. With a wholly owned foreign subsidiary incorporated in October 2024, the company has taken steps to establish its footprint in overseas markets, although the subsidiary had not commenced operations as of June 30, 2025.

The management confirmed that there were no defaults on loans or debt securities during the quarter and no deviations in the utilization of funds raised through public or private issues, as such situations did not arise. The company reiterated its commitment to transparency and compliance with all applicable SEBI regulations.

With these results, Blue Cloud Softech Solutions has set a steady tone for the new financial year. The quarter’s performance reflects both operational efficiency and sustained demand for its services, positioning the company to build momentum as it progresses further into FY 2025–26.

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Hazoor Multi Projects Submits Binding Offer for Acquisition of Gammon Engineers’ EPC Business

On August 15, 2025, Hazoor Multi Projects Limited (HMPL) announced a significant development in its growth journey by formally submitting a binding offer to acquire part of the Engineering, Procurement, and Construction (EPC) business of Gammon Engineers and Contractors Private Limited (GECPL). This move comes as a continuation of the company’s earlier communication made on August 13, 2025, regarding the outcome of its board meeting. The step marks a strategic milestone for HMPL as it seeks to further strengthen its presence in the EPC domain.

Gammon Engineers and Contractors Private Limited, a subsidiary of the historic Gammon India Limited, carries with it a legacy that dates back to 1922 when it was founded by J.C. Gammon. Over the decades, GECPL has earned its place as one of India’s oldest and most respected engineering and construction enterprises, with an illustrious record in delivering large-scale infrastructure projects. Its work spans across critical sectors such as transportation, power, water resources, and urban development. At present, GECPL is actively engaged in executing EPC contracts for a wide range of projects covering highways, railways, metro networks, power infrastructure, irrigation systems, ports, and marine facilities.

The lenders of GECPL are currently working on restructuring options under the Reserve Bank of India’s Prudential Framework for Resolution of Stressed Assets, issued in June 2019. Within this context, HMPL’s binding offer is being considered as part of the ongoing resolution process. The offer, of course, remains subject to the necessary approvals, completion of required formalities, and eventual acceptance by the lenders.

For Hazoor Multi Projects Limited, this proposed acquisition is not merely a business transaction but a strategically aligned step toward consolidating its footprint in the infrastructure sector. With a proven track record in project execution, HMPL views the potential integration of GECPL’s EPC business as an opportunity to expand its capabilities, diversify its portfolio, and elevate its position in India’s competitive infrastructure landscape. By tapping into the legacy and expertise of Gammon Engineers, HMPL seeks to blend experience with its own executional strength to build a stronger and more future-ready EPC business.

The company has assured the stock exchanges that it will continue to provide timely updates on the progress of this acquisition process. As India’s infrastructure development gathers momentum, the move places HMPL at the heart of a transformative opportunity, one that not only adds to its growth prospects but also contributes to shaping the nation’s evolving infrastructure story.

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Pavna Industries Enters Strategic Joint Venture with SmartChip Microelectronics Corporation

Pavna Industries Limited has taken a decisive step towards strengthening its position in the electronics manufacturing domain by entering into a joint venture agreement with SmartChip Microelectronics Corporation. The agreement, executed on August 14, 2025, marks the beginning of a new collaboration aimed at developing and producing advanced electronic components catering to multiple industries, with a strong focus on the automobile sector, including both Internal Combustion Engine (ICE) and Electric Vehicle (EV) segments.

The newly formed joint venture company will also expand its expertise beyond the automotive space, creating high-quality hardware solutions for cupboard and door locking systems used in residential and commercial infrastructure, as well as components for aerospace, medical, and other specialized industries. This diversification reflects Pavna Industries’ ambition to tap into new market segments while leveraging its core manufacturing strengths.

Under the agreement, Pavna Industries will hold a commanding 80% stake in the joint venture, making it a subsidiary, while SmartChip Microelectronics will retain the remaining 20%. The company will be incorporated with an authorized and paid-up capital of ₹5,00,000, divided into 50,000 equity shares of ₹10 each. Governance of the joint venture will see Pavna nominating four directors, with SmartChip appointing one. One of Pavna’s nominees will serve as the Managing Director, ensuring strategic alignment with the company’s long-term vision.

While the two companies are not related in terms of promoter or group affiliations, their collaboration brings together complementary strengths — Pavna’s manufacturing capabilities and industry presence, coupled with SmartChip’s expertise in electronic design and innovation. Importantly, the transaction does not fall within the ambit of related party transactions and has been structured independently at arm’s length.

Both parties will subscribe to the equity shares of the new company at a price of ₹10 per share, with no potential conflicts of interest arising from the arrangement. The agreement also provides Pavna Industries with substantial control over the joint venture’s strategic and operational decisions, reinforcing its leadership in the partnership.

The creation of this joint venture signals Pavna Industries’ commitment to expanding its technological capabilities and product offerings in line with emerging industry trends. With the automotive sector rapidly evolving towards electrification and digitalization, and demand rising for sophisticated locking and security solutions across multiple sectors, this collaboration positions Pavna to play a pivotal role in shaping future innovations in both domestic and global markets.

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One Point One Solutions Announces Strong Q1 FY2025-26 Performance

One Point One Solutions Limited, a leading provider of business process management services, announced the outcome of its Board meeting held on August 13, 2025, showcasing a robust start to the new financial year. The Board, which convened at 11:30 a.m. and concluded at 3:15 p.m., reviewed and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, along with the limited review reports issued by the statutory auditors.

On a standalone basis, the company reported revenue from operations of ₹5,473.25 lakh, reflecting steady business momentum compared to the same period last year. Including other income of ₹469.71 lakh, total income reached ₹5,942.96 lakh. Employee costs stood at ₹3,355.05 lakh, while other expenses amounted to ₹828.52 lakh. The company posted an EBITDA of ₹1,759.39 lakh and a profit before tax of ₹933.20 lakh. Net profit for the quarter was ₹760.72 lakh, translating into basic and diluted earnings per share of ₹0.29 each (non-annualised).

The financial statements also reflected a modest impact from other comprehensive income adjustments, resulting in a total comprehensive income of ₹759.48 lakh for the quarter. Operationally, One Point One Solutions continued to derive a significant portion of its revenue from domestic operations at ₹4,640.10 lakh, complemented by overseas revenue of ₹833.15 lakh. The quarter also marked continued integration of ITCube Solutions Private Limited, in which the company had acquired a full 100% stake in February 2024, with 76% shares already transferred and the remainder accounted for as a liability in present value terms.

From a consolidated perspective, the group, which includes subsidiaries such as Silicon Softech India Limited, ITCube Solutions Pvt. Ltd., ITCube Solutions Inc., One Point One Singapore Pte. Ltd., One Point One USA Inc., and One Point One Solutions UK Ltd., delivered even stronger topline growth. Consolidated revenue from operations stood at ₹6,901.31 lakh, with total income touching ₹7,419.55 lakh. Employee costs were recorded at ₹4,294.04 lakh, while other expenses amounted to ₹1,099.43 lakh. EBITDA for the group was ₹2,056.08 lakh, leading to a consolidated profit before tax of ₹1,166.81 lakh. The group reported a net profit of ₹924.17 lakh after considering tax expenses and other comprehensive income. Basic and diluted earnings per share for the quarter stood at ₹0.36 each (non-annualised).

The auditor’s review reports, both for standalone and consolidated statements, confirmed that nothing had come to their attention suggesting any material misstatement, and that the results had been prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI’s disclosure requirements.

With a diversified geographical footprint spanning India, the USA, Singapore, and the UK, and bolstered by recent acquisitions, One Point One Solutions entered the new financial year with solid operational and financial performance. The company’s results for the quarter are available on the websites of the National Stock Exchange of India and One Point One Solutions Limited.

The Board expressed confidence in sustaining this growth trajectory while leveraging its expanded service portfolio and international presence to further strengthen shareholder value in the coming quarters.

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PC Jeweller Expands Equity Base with Allotment of Shares on Warrant Conversion

PC Jeweller Limited has announced a significant development in its capital structure, marking another milestone in the company’s ongoing journey of strengthening its equity base. On August 13, 2025, the Board of Directors, through a resolution passed by circulation, approved the allotment of 97,84,800 equity shares following the conversion of 9,78,480 Fully Convertible Warrants. These warrants had been issued earlier through preferential allotment on a private placement basis to investors in the ‘Non-Promoter, Public Category’.

The allotment follows the company’s earlier communications in September and October 2024 regarding the issuance of 48,08,02,500 Fully Convertible Warrants to both promoter group members and non-promoter public investors. The conversion has been effected after the receipt of the balance payment of ₹4,12,42,932, representing 75% of the issue price per warrant at ₹42.15. This amount includes both the face value and the premium, calculated after adjusting for the sub-division of shares from one equity share of ₹10 to ten equity shares of ₹1 each, effective December 16, 2024.

The newly allotted shares will hold equal status with the existing equity shares of PC Jeweller, carrying the same rights and privileges. The allotment was made to two key investors—Hawk Capital Pvt Ltd, which received 71,18,000 equity shares upon converting 7,11,800 warrants, and Vivek Garg, who secured 26,66,800 equity shares from the conversion of 2,66,680 warrants. The original issue price of ₹56.20 per warrant had been adjusted to reflect the post-split share structure.

Following this allotment, the company’s paid-up equity share capital has risen from ₹692.21 crore, represented by 692,21,59,350 shares of ₹1 each, to ₹693.19 crore, represented by 693,19,44,150 shares. While the promoter group’s holding remains unchanged in absolute numbers, it now accounts for 39.32% of the total capital, slightly lower than the previous 39.38%. The public shareholding has marginally increased to 60.68% from 60.62%.

The resolution received unanimous approval from all directors, with the final consent recorded at 4:47 p.m. on the same day. This move not only underscores PC Jeweller’s commitment to fulfilling its capital market obligations but also reflects the confidence of public investors in the company’s future growth prospects.

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Sindhu Trade Links Limited Reports Steady Operational Momentum in Q1 FY2025-26

Sindhu Trade Links Limited has announced its unaudited financial results for the quarter ended June 30, 2025, showcasing resilient operational performance across its diversified business segments. The Board of Directors, after reviewing and approving the figures on August 13, 2025, noted that the results reflect the company’s continued focus on its multi-sectoral operations, spanning transportation, logistics, oil trading, finance, electricity generation, oil drilling, and overseas coal mining.

On a standalone basis, the company recorded total income of ₹12,273.24 lakh for the quarter, compared to ₹12,861.10 lakh in the same period last year. Revenue from operations stood at ₹12,063.24 lakh, supplemented by other income of ₹210 lakh. Operating expenses totaled ₹11,458.79 lakh, resulting in a profit before tax of ₹814.45 lakh, a decline from the ₹2,172.86 lakh reported in the corresponding quarter of the previous year. After accounting for tax expenses, the company posted a net profit of ₹427.61 lakh, compared to ₹1,665.04 lakh in Q1 FY2024-25. The total comprehensive income for the quarter stood at ₹427.63 lakh.

Segment-wise performance on the standalone front indicated that transportation, logistics, and construction remained the primary revenue driver, contributing ₹10,436.63 lakh, followed by oil drilling operations at ₹825.49 lakh, and oil, lubricants, and spares at ₹752.22 lakh. Finance operations brought in ₹48.90 lakh, while other income added a notable ₹210 lakh. In terms of segment profitability, transportation and logistics generated the strongest results, while finance operations registered a segmental loss.

From a balance sheet perspective, standalone total assets stood at ₹1,41,274.20 lakh, with the majority concentrated in finance-related investments and transportation infrastructure. Total equity amounted to ₹92,281.06 lakh, supported by reserves of ₹76,861.77 lakh.

On a consolidated basis, the company reported total income of ₹17,443.07 lakh for the quarter, compared to ₹56,096.59 lakh in the year-ago period, reflecting the high base effect from overseas coal trading in the previous year. Revenue from operations was ₹16,534.05 lakh, while other income contributed ₹909.02 lakh. Consolidated profit before tax came in at ₹2,273.33 lakh, down from ₹10,175.13 lakh in the same quarter last year, with net profit after tax at ₹1,879.34 lakh. The consolidated total comprehensive income stood at ₹1,873.68 lakh.

Among consolidated segments, transportation, logistics, mining, and construction generated ₹10,414.79 lakh, overseas coal mining and trading contributed ₹3,004.42 lakh, electricity generation and supply stood at ₹1,461.75 lakh, and oil drilling operations added ₹825.49 lakh. While some segments reported positive results, the overseas coal mining division faced margin pressures compared to the prior year’s strong performance.

The consolidated balance sheet reflected total assets of ₹2,74,325.13 lakh, with a significant share in investments, infrastructure assets, and receivables. Equity attributable to owners stood at ₹1,61,997.98 lakh, while non-controlling interests contributed ₹54,516.61 lakh, underscoring the company’s diversified ownership structure in certain subsidiaries.

The company confirmed that its Q1 FY2025-26 financials were prepared in compliance with Indian Accounting Standards (Ind AS) and subjected to a limited review by statutory auditors, who did not raise any qualifications or adverse observations.

With its diversified portfolio and strong equity base, Sindhu Trade Links Limited remains positioned to navigate market fluctuations while leveraging its core operational strengths across multiple industries. The first quarter’s performance reflects both sectoral challenges and the inherent resilience of its multi-pronged business model.

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Hazoor Multi Projects Limited Announces Strong Q1 Results, Board Decisions, and Strategic Acquisition Move

On August 13, 2025, Hazoor Multi Projects Limited (HMPL) convened its Board of Directors meeting at the company’s registered office in Nariman Point, Mumbai. The meeting, which began at 4:00 PM and concluded at 6:00 PM, saw the Board reviewing and approving key business matters, financial performance for the first quarter of FY2025-26, and strategic initiatives aimed at expanding the company’s operations.

The financial results for the quarter ended June 30, 2025, reflected a strong performance both on a standalone and consolidated basis. On a standalone level, the company reported revenue from operations of ₹9,916.22 lakh, marking significant growth compared to the ₹3,415.53 lakh recorded in the same quarter last year. Total income for the quarter stood at ₹10,010.98 lakh, with profit after tax reaching ₹840.77 lakh, a sharp improvement from ₹7.86 lakh in the corresponding quarter of the previous year. The Earnings Per Share (EPS) stood at ₹0.37 (basic) for the quarter.

On a consolidated basis, the performance was even more robust, with revenue from operations at ₹18,001.83 lakh compared to ₹7,025.87 lakh in the same period last year. The company posted a consolidated net profit of ₹1,378.77 lakh for the quarter, translating into a basic EPS of ₹0.61. The results were reviewed by the Audit Committee, approved by the Board, and subjected to a Limited Review by the statutory auditors, who confirmed that no material misstatements were found.

Beyond the numbers, the Board approved several significant developments. A key appointment was made with the induction of Mr. Mukund Shriniwasrao Bilolikar as an Additional Independent Director for a five-year term, from August 13, 2025, to August 12, 2030, subject to shareholder approval in the upcoming Annual General Meeting. With over three decades of experience in the Maharashtra Excise Department, Mr. Bilolikar brings valuable regulatory and administrative expertise to HMPL’s leadership team.

In a strategic business move, the Board also granted approval for the submission of a binding offer to acquire the relevant EPC business of Gammon Engineers and Contractors Private Limited. This potential acquisition, subject to regulatory approvals and procedural formalities, is expected to bolster HMPL’s project execution capabilities and strengthen its foothold in the infrastructure sector.

The company also reported a clean slate in terms of investor grievances, with no complaints pending, received, or unresolved during the quarter, highlighting its commitment to corporate governance and stakeholder satisfaction.

Hazoor Multi Projects Limited’s strong Q1 performance, combined with strategic leadership appointments and expansion plans, positions it for continued growth in the coming quarters. With the proposed acquisition of Gammon’s EPC business and a renewed focus on operational excellence, HMPL is set to enhance its market presence and deliver sustained value to its shareholders.

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Fineotex Chemical Limited Reports Strong Q1 FY26 Performance and Strategic Appointments

Fineotex Chemical Limited announced the outcomes of its Board of Directors meeting held on August 12, 2025, marking a quarter of robust growth, strategic corporate developments, and operational milestones. The meeting, which commenced at 4:30 PM and concluded at 7:00 PM, underscored the company’s continued momentum in the specialty chemicals sector, with significant financial gains and forward-looking business moves.

For the quarter ended June 30, 2025, the company’s consolidated revenue from operations rose to approximately ₹13,707 lakhs, reflecting a growth of nearly 14.43% on a quarter-on-quarter basis. Profit after tax surged by around 24.34% to ₹2,503 lakhs, while operational EBITDA climbed by 18.37% to ₹2,520 lakhs. Fineotex also reported a consolidated Return on Invested Capital (ROIC) of about 30.72%, supported by a 14.73% increase in business volume.

A major operational highlight of the quarter was the commissioning of a new, state-of-the-art manufacturing facility in Ambernath, spanning 3,00,000 square feet. This expansion, completed within the planned timeline and budget, significantly boosts production capacity and strengthens the company’s ability to introduce additional products and eco-friendly solutions tailored to the evolving needs of its customers and the broader specialty chemical industry.

In governance and leadership, the Board approved the appointment of M/s. HSPN & Associates, LLP as the company’s Secretarial Auditor for a first term of five consecutive years, subject to shareholder approval at the forthcoming Annual General Meeting (AGM). Additionally, Mr. Chetan Shah, an experienced professional with over three decades in capital markets, securities business, institutional sales, and business advisory, was appointed as an Additional Director in the capacity of Non-Executive, Independent Director for a term of five years. His track record of advising family offices, ultra-high-net-worth individuals, and promoters, along with his active engagement in social causes and ESG advocacy, aligns with Fineotex’s vision for responsible growth. The company confirmed that Mr. Shah is not debarred from holding directorship by any regulatory authority.

The Board also declared that the 22nd Annual General Meeting of Fineotex Chemical Limited will be held on September 19, 2025. Furthermore, the Nomination and Remuneration Committee approved the grant of an additional 58,797 stock options under the company’s Employee Stock Option Plan 2020 to eligible employees, reinforcing Fineotex’s commitment to talent retention and employee growth.

With a clear trajectory of rising revenues, expanding capacities, and strengthened leadership, Fineotex Chemical Limited continues to fortify its position as a leading player in the specialty chemicals domain. The results and strategic decisions taken during the quarter reflect the company’s focus on sustainable growth, operational excellence, and shareholder value creation.

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GRM Overseas Reports Strong Q1 FY26 Results and Announces Expansion into UAE Market

On August 12, 2025, GRM Overseas Limited convened its Board of Directors’ meeting at its corporate office and works in Naultha, Panipat, to review the company’s performance for the quarter ended June 30, 2025, and to chart new strategic initiatives. The meeting, which commenced at 5:00 p.m. and concluded at 8:40 p.m., resulted in the approval of the unaudited standalone and consolidated financial results and the announcement of a significant overseas expansion.

The financial review painted a steady growth picture for the company. On a consolidated basis, GRM Overseas posted revenue from operations of ₹32,677.95 lakh for Q1 FY26, compared to ₹29,138.66 lakh in the previous quarter. Other income stood at ₹765.24 lakh, bringing total income to ₹33,443.19 lakh. The company recorded a net profit of ₹1,909.15 lakh for the quarter, with a total comprehensive income of ₹1,849.79 lakh. Segment-wise, the food division continued to be the primary revenue driver, contributing ₹29,431.42 lakh, followed by the edible oil segment at ₹3,235.40 lakh and other segments at ₹11.14 lakh.

Standalone results reflected a similar trend, with revenue from operations at ₹25,592.55 lakh, other income at ₹767.98 lakh, and total income at ₹26,360.53 lakh. The company reported a standalone net profit of ₹1,631.99 lakh, underscoring operational efficiency and stable demand.

One of the most notable resolutions from the meeting was the decision to establish a wholly owned subsidiary in the United Arab Emirates. Tentatively named GRM Global FZE, the new entity will operate as a distribution and marketing hub, targeting customers in the UAE and nearby international markets. This venture aims to strengthen GRM Overseas’ global footprint by enabling trading, importing, exporting, and distribution of rice, food grains, and related food products. The subsidiary will have a proposed authorised capital of AED 500,000 and will be fully funded through cash subscription.

The company’s expansion plan aligns with its long-term strategy of diversifying markets and enhancing international trade capabilities. By setting up operations in a key global trade hub, GRM Overseas expects to improve its access to Middle Eastern, African, and Asian markets while leveraging the UAE’s logistical advantages.

The financial statements for the quarter were reviewed by Mehra Goel & Co., Chartered Accountants, who confirmed that the results complied with Indian Accounting Standards and SEBI’s disclosure requirements, with no material misstatements identified.

The Board also noted progress on its capital-raising activity initiated in August 2024, wherein 90,70,000 fully convertible share warrants were issued. During the quarter, 13,52,000 warrants were converted into equity shares, with the remaining 77,18,000 warrants pending conversion within the stipulated time frame.

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Krishival Foods Reports Steady Q1 FY2025–26 Performance, Strengthens Strategic Ties and Governance

Krishival Foods Limited, a prominent name in the Indian food industry, marked an important milestone on August 12, 2025, with its Board of Directors convening to review the company’s performance and make strategic decisions for the quarter ended June 30, 2025. The meeting, held at the company’s registered office in Mumbai, was a blend of financial disclosures, strategic appointments, and forward-looking corporate actions that underscore Krishival’s growth-focused approach.

For the quarter under review, the company presented its unaudited standalone and consolidated financial results, which were accompanied by limited review reports from the statutory auditors. Revenue from operations stood at ₹3,404.68 lakh, a solid figure reflecting consistent demand, while other income contributed an additional ₹168.47 lakh. The company’s total income reached ₹5,508.02 lakh, with expenses amounting to ₹5,079.11 lakh. This translated to a profit before tax of ₹428.91 lakh and a net profit after tax of ₹286.04 lakh. Earnings per share for the quarter were ₹1.86, indicating a stable performance compared to the previous year.

Beyond the numbers, Krishival Foods continued to strengthen its corporate governance framework and investor communication. The Board approved the appointment of Adfactors PR Private Limited as its Investor Relations Advisor, a move expected to enhance transparency and engagement with stakeholders. Additionally, the company confirmed that proceeds from its earlier preferential issue of ₹6,425 lakh had been fully utilized, eliminating the requirement for deviation statements from this quarter onward.

On the strategic investment front, the company updated shareholders about its proposed acquisitions of BVK Foods Private Limited and Hamma Foods Private Limited. While the timeline for completion has been extended by a few months, management expressed confidence in the strategic value of these ventures and reaffirmed its commitment to concluding the transactions at the earliest possible date.

In another significant development, the Board approved issuing a corporate guarantee of up to ₹20 crore to support the working capital and term loan requirements of Melt ‘N’ Mellow Foods Private Limited, a material subsidiary of the company. This move aligns with Krishival’s consolidated growth strategy while maintaining prudent financial oversight.

The Board also carried out a quarterly review of related party transactions, inducted Mr. Hrushikesh Bahekar as a Non-Executive Independent Director into key committees, and formed an Administrative Committee to streamline day-to-day operations. These governance measures highlight the company’s focus on operational efficiency and board-level oversight.

Krishival Foods further confirmed compliance with SEBI’s disclosure requirements, noting that extracts of the financial results will be published in leading newspapers and made available on the company’s website. The trading window for insiders will reopen on August 15, 2025, in line with SEBI’s insider trading regulations.

With a combination of stable financial performance, strategic expansion plans, and robust governance initiatives, Krishival Foods Limited continues to strengthen its position in the competitive food sector. As the company moves forward, it remains committed to delivering value to shareholders while staying true to its vision of sustainable growth and market leadership.

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Lorenzini Apparels Reports Q1 FY 2025–26 Results with Steady Performance and Unmodified Auditor’s Review

Lorenzini Apparels Limited, an ISO 9001:2015 certified apparel manufacturer and retailer, announced its unaudited standalone financial results for the quarter ended June 30, 2025, following the Board of Directors’ meeting held on August 12, 2025. The meeting, which began at 4:30 PM and concluded at 5:15 PM, approved the financial statements along with the Limited Review Report issued by the statutory auditors, Mittal & Associates, who confirmed an unmodified opinion on the company’s performance.

The company reported total revenue of ₹1,134.03 lakh during the quarter, comprising ₹919.08 lakh from operations and ₹214.95 lakh from other income. This compares with ₹1,725.21 lakh in the same quarter last year and ₹861.75 lakh in the previous quarter. Total expenses for the period stood at ₹934.18 lakh, resulting in a profit before tax of ₹199.85 lakh. After accounting for taxes, the profit for the period was ₹96.40 lakh, with a total comprehensive income of ₹98.63 lakh. Earnings per share for the quarter were ₹0.06, compared to ₹0.12 in the same period last year.

The Board also took note of the funds raised in October 2023 through the issuance of 10,38,371 share warrants amounting to ₹2,100 lakh. Of this, ₹1,653.72 lakh has been utilized for the intended purposes, while the remaining ₹446.28 lakh is yet to be deployed and has been strategically invested in the equity market until its final allocation. The auditors, in their report, highlighted this matter but confirmed that it did not affect their overall opinion on the financial statements.

Lorenzini Apparels continues to operate within a single business segment, and the results have been prepared in accordance with SEBI’s prescribed accounting and disclosure standards. The company’s management reaffirmed its commitment to prudent financial management and transparent reporting, noting that the Q1 performance reflects resilience despite industry challenges.

With its focus on quality manufacturing and a strong retail presence, Lorenzini Apparels remains positioned to build on its market presence in the coming quarters, supported by stable operations, careful capital deployment, and adherence to robust corporate governance practices.

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Bhatia Communications & Retail Declares First Interim Dividend for FY 2025–26

Bhatia Communications & Retail (India) Limited, a prominent player in the mobile retail and communication solutions sector, has announced its first interim dividend for the financial year 2025–26. The decision was made during the Board of Directors’ meeting held on August 12, 2025, at the company’s registered office in Surat, Gujarat.

Chaired by Managing Director Sanjeev Harbanslal Bhatia, the meeting commenced at 4:00 PM and concluded with the approval of a dividend payout of Re. 0.01 per equity share, representing 1% of the face value of each share, which stands at Re. 1. This declaration reflects the company’s intent to share profits with its shareholders, even at a modest rate, as part of its ongoing commitment to rewarding investor trust.

The company confirmed that the dividend will be disbursed to all eligible shareholders within the timeframe mandated by the Companies Act, 2013. This payout marks a continuation of Bhatia Communications & Retail’s practice of maintaining regular investor returns while simultaneously reinvesting in its growth and operational expansion.

The announcement underscores the company’s stable financial management and its focus on sustaining shareholder value. By declaring this interim dividend early in the fiscal year, Bhatia Communications & Retail has demonstrated both confidence in its business trajectory and a dedication to maintaining transparency in line with SEBI’s listing obligations and disclosure requirements.

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BCL Industries Announces Q1 Results, AGM Date, Dividend Record Date, and Strategic Office Shift

On August 12, 2025, BCL Industries Limited, a prominent name in the edible oil, distillery, and real estate sectors, announced the outcome of its latest Board of Directors meeting, marking several important developments for the company and its stakeholders. The meeting, which commenced at 12:30 PM and concluded at 1:40 PM, underscored the company’s continued focus on transparency, growth, and operational efficiency.

During the session, the Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. These results, reviewed and endorsed by the statutory auditors AMRG & Associates, were prepared in line with the Indian Accounting Standard 34 on Interim Financial Reporting and the Securities and Exchange Board of India’s listing obligations. The auditors, after conducting their review in accordance with the professional standards of the Institute of Chartered Accountants of India, confirmed that nothing had come to their attention to suggest any material misstatement in the company’s financial disclosures.

In addition to financial approvals, the Board finalized the Notice and Agenda for the company’s 49th Annual General Meeting, scheduled to be held on September 25, 2025, through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). This approach reflects BCL Industries’ continued embrace of digital solutions for shareholder engagement, ensuring broader accessibility and participation.

The company also approved the cost audit report for the financial year 2024–25, reinforcing its commitment to compliance and operational transparency. Furthermore, September 19, 2025, was set as the record date for the payment of dividends for the same financial year, offering a direct benefit to shareholders and signaling management’s confidence in the company’s performance and outlook.

In a strategic operational move, the Board approved the shifting of the registered office from its current location at Hazi Rattan Link Road, Bathinda, Punjab, to the Bathinda distillery unit of the company. This relocation is expected to streamline operations and align the company’s administrative base more closely with one of its key production sites.

Through these decisions, BCL Industries has reaffirmed its proactive corporate governance practices and strategic planning. The announcements not only address immediate operational and financial matters but also demonstrate the company’s long-term vision of aligning resources, enhancing shareholder value, and embracing efficiency-driven changes to strengthen its market position.

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MIC Electronics Secures Prestigious BIS Certifications for Key Product Lines

MIC Electronics Limited, a renowned ISO 9001:2008 and ISO 14001:2004 certified company, has announced a significant achievement that further strengthens its commitment to quality and compliance. On August 12, 2025, the company confirmed that it has successfully obtained Bureau of Indian Standards (BIS) certifications for two of its flagship product categories.

The Hyderabad-based electronics manufacturer, with its registered office in Cherlapally, Telangana, shared the development with both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The BIS certifications, awarded by the Bureau of Indian Standards in New Delhi, cover Visual Display Units and Video Monitors under IS No. 13252 (Part 1):2010 / IEC 60950-1:2005, as well as LED Luminaires for Road and Street Lighting under IS No. 10322 (Part 5/Sec 3):2012.

These certifications are a testament to MIC Electronics’ adherence to stringent safety, performance, and reliability standards. The recognition not only enhances the company’s market credibility but also assures stakeholders that its products meet the highest levels of regulatory compliance. For a brand that has consistently invested in technological innovation and quality assurance, this milestone further cements its position as a trusted leader in the electronics and lighting solutions sector.

The announcement was formally conveyed by Lakshmi Sowjanya Alla, Company Secretary and Compliance Officer of MIC Electronics Limited, who emphasized that this achievement reflects the company’s ongoing commitment to excellence and stakeholder confidence. With this recognition, MIC Electronics continues to align itself with global benchmarks, ensuring that its offerings remain at par with international standards while serving the domestic and global markets.

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Nimisha Pandey Increases Stake in Paisalo Digital Limited Beyond 5% Mark

In a significant development under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, investor Nimisha Pandey has increased her shareholding in Paisalo Digital Limited, pushing her stake past the 5% threshold. This change in ownership was formally disclosed to the exchanges in accordance with Regulation 29(1) requirements.

Prior to the latest transaction, Nimisha Pandey held 4,24,17,362 equity shares in Paisalo Digital Limited, representing 4.70% of the company’s total paid-up share capital and carrying equivalent voting rights. The acquisition involved the purchase of an additional 43,15,000 equity shares, which accounted for 0.48% of the company’s equity and voting capital.

Following the acquisition, Pandey’s total shareholding rose to 4,67,32,362 equity shares, representing 5.18% of the company’s voting share capital. The move positions her as a significant public shareholder, although she remains outside the company’s promoter or promoter group classification.

Paisalo Digital Limited is listed on both the National Stock Exchange of India Limited and BSE Limited. The company operates in the financial services sector, providing lending solutions that bridge the credit gap for underserved segments of the Indian population.

The disclosure comes at a time when investor activity in non-banking financial companies (NBFCs) like Paisalo has been under increased market scrutiny, particularly as the sector witnesses structural shifts in credit demand and digital lending adoption. The acquisition by Nimisha Pandey reflects growing confidence among investors in the company’s growth prospects and operational resilience.

Market analysts note that crossing the 5% shareholding threshold is a notable regulatory event, as it often signals an investor’s strategic interest in a company’s future direction. While no details were provided regarding Pandey’s long-term investment plans, the increase in her stake underscores a vote of confidence in Paisalo Digital’s business model, expansion strategy, and position in India’s evolving credit landscape.

With this disclosure, Paisalo Digital continues to attract attention from both institutional and individual investors, reinforcing its standing as a player to watch in the NBFC sector.