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KECSpotlight
KEC International secures new orders totaling Rs 1,063 crore across multiple businesses

KEC International Ltd., an RPG Group company, announced it has secured new orders totaling Rs 1,063 crores across its Civil, Transmission & Distribution (T&D), Renewables, and Cables & Conductors businesses. The new orders include a significant contract for a 24 lakh sq. ft. high-rise residential project in Northern India, a 400 kV transmission line in Africa, a 50+ MW Wind EPC project in Western India, and various orders in both domestic and international markets; with year-to-date order intake now exceeding Rs 6,300 crores, according to Managing Director & CEO Vimal Kejriwal.

1 hour agoCapital Market - Live
Corporate
UVDRHORCorporate
United Van Der Horst to review quarterly results at board meeting on August 6, 2026

United Van Der Horst Limited will hold a board meeting on Thursday, August 6, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with a limited review report, according to a regulatory filing with the BSE Limited. The trading window for designated persons and their immediate relatives has been closed since Wednesday, July 1, 2026, and will remain so until 48 hours after the declaration of the unaudited financial results.

1 hour agoCapital Market - Live
Corporate
NAZARACorporate
Nazara Technologies confirms proceeds from equity issue are being utilized as planned

Nazara Technologies Limited disclosed that ICRA Limited, the monitoring agency appointed to oversee the utilization of proceeds from its preferential issue of equity shares, has submitted its report for the quarter ended June 30, 2026. The report, submitted August 3, 2026, confirmed that the utilization of the INR 495.00 crore raised through the issuance of 50,00,000 equity shares is in line with the objects of the issue, with no deviations observed. The company incurred issue-related expenses of INR 0.38 crore, and a total of INR 412.35 crore remains unutilized, primarily deployed in mutual funds and fixed deposits.

1 hour agoCapital Market - Live
Corporate
RUBICONCorporate
Rubicon’s report shows 5% of products sourced from MSMEs, up from 2% previously

Rubicon’s latest sustainability report highlights efforts toward social and environmental responsibility, though it lacks detailed quantitative data and demonstrates a compliance-focused approach. The report, which addresses principles ranging from stakeholder engagement to product safety, details mechanisms like the “Sankalp” group for community outreach and a formal grievance redressal process. While the company provides Patient Information Leaflets and emphasizes pharmacovigilance, the report omits specifics on environmental footprint reduction, labor practices beyond wage percentages (ranging from 0% in rural areas to 50.30% in metropolitan areas), and data privacy frameworks. Notably, several key principles, including fair lending practices and vocational training, are not addressed, and the company reports zero consumer complaints. The report indicates 5% of products were directly sourced from MSMEs/small producers in 2025-26, up from 2% the previous year, with 45% sourced within India.

1 hour agoCapital Market - Live
Corporate
BUTTERFLYCorporate
Butterfly Gandhimathi Appliances Ltd. reports Rs 214 crore revenue, a 14% year-over-year increase

Butterfly Gandhimathi Appliances Ltd., a South India-based kitchen appliances company, reported revenue of Rs 214 crore for the quarter ended June 30, 2026, a 14% year-over-year increase, according to a press release. The company's EBITDA grew 17.3% year-over-year to Rs 15 crore, with the EBITDA margin expanding by 20 basis points to 7.0%, while profit after tax (PAT) increased by 38% year-over-year. Swetha Sagar, Manager & Chief Business Officer at Butterfly Gandhimathi Appliances Ltd., noted that the company's investments in innovation and consumer engagement are yielding strong results.

1 hour agoCapital Market - Live
Corporate
RPOWERCorporate
Reliance Power to review quarterly financial results at board meeting on August 6

Reliance Power Limited will hold a board meeting on Thursday, August 6, 2026, to consider and approve the unaudited financial results for both standalone and consolidated entities for the quarter ended June 30, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited.

1 hour agoCapital Market - Live
Corporate
KEICorporate
CARE Ratings report shows Rs 2,000 crore QIP funds used for Sanand plant expansion

CARE Ratings’ monitoring agency report, released this week, indicates that a company has utilized Rs 2,000 crore raised through a Qualified Institutional Placement, with the majority allocated to a Sanand plant expansion. As of June 2026, Rs 1,234.62 crore has been deployed for the expansion, exceeding the initially planned Rs 1,450 crore. While debt repayment was completed as planned in fiscal year 2025, only Rs 0.35 crore of the Rs 239.64 crore earmarked for general corporate purposes has been utilized. The report acknowledges a delay in the Sanand plant expansion, though the duration was not specified, and notes Rs 215.38 crore remains unutilized, generating Rs 87.32 crore in interest reinvested in fixed deposits. The Board of Directors has commented that the project is in progress.

1 hour agoCapital Market - Live
Corporate
MITCorporate
Maple Infrastructure Trust’s board will meet August 10 to review financial results and consider borrowings

Maple Infra InvIT Investment Manager Private Limited, the investment manager to Maple Infrastructure Trust, will hold a board meeting on August 10, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and to consider a proposal for Maple Infrastructure Trust to avail borrowings, potentially including the issuance of non-convertible debt securities, commercial papers, and term loans. The trading window for units of Maple Infrastructure Trust has been closed since July 1, 2026, and will reopen 48 hours after the announcement of the financial results.

1 hour agoCapital Market - Live
Corporate
NAZARACorporate
Nazara Technologies acquires Bluetile and BestPlay for USD 303 million, closing April 2027

Nazara Technologies Limited announced a consolidated revenue of INR 429 crore and EBITDA of INR 46 crore for the quarter ended June 30, 2026, alongside the appointment of Raymond A. Stauffer as Chief Executive Officer, effective September 1, 2026, subject to regulatory approvals, and an accelerated agreement to acquire 100% ownership of Bluetile and BestPlay for USD 303 million. The gaming segment reported revenue of INR 275 crore, a 14% year-over-year increase, with an EBITDA margin of 19.5%, while the company reported a loss after tax from continuing operations of INR 82 crore, and expects to operate at a materially greater scale from the second quarter of fiscal year 2027 following the Bluetile and BestPlay transaction, which will see USD 89 million payable at closing and the remaining USD 214 million payable by April 1, 2027.

1 hour agoCapital Market - Live
Corporate
MOTHERSONCorporate
MSSL Global RSA Module Engineering Limited acquires 49% stake in Vacuform 2000 Proprietary Limited

Samvardhana Motherson International Limited announced on August 3, 2026, that its 100% step-down subsidiary, MSSL Global RSA Module Engineering Limited, completed the acquisition of 49% of equity share capital of Vacuform 2000 Proprietary Limited from the initial promoters, making Vacuform an indirect wholly owned subsidiary of Samvardhana Motherson International Limited.

2 hours agoCapital Market - Live
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