Kirloskar Oil Engines has fixed 31 July 2026 as record date for final dividend for FY 2025-26.
Mahindra & Mahindra Financial Services has received affirmation in credit ratings for non convertible debentures and subordinate debt of the company at CARE AAA; Stable.
JLR today reports its wholesale and retail sales for the first quarter of FY27, the three months ended 30 June 2026. Volumes were affected by temporary supply constraints, including a fire at a major component supplier at the start of the quarter; market disruption linked to the conflict in the Middle East; and the planned wind down of outgoing Jaguar models ahead of the launch of Jaguar Type 01. Wholesale volumes for the first quarter were 79,300* units (excluding the Chery Jaguar Land Rover China ('CJLR') JV), down 9.2% year-on-year, and down 16.8% compared to Q4 FY26. Compared to the prior year, wholesale volumes for the first quarter increased in MENA (4.5%) and were flat in North America but declined in the UK (-5.9%), Europe (-12.1%), Overseas ( 20.1%) and China (-26.2%). The strong mix of Range Rover, Range Rover Sport and Defender models continued in Q1 FY27, representing 80.8% of total wholesale volumes, up from 77.2% in Q1 FY26 and 77.1% in the prior quarter. Retail sales for the first quarter of 80,000 units* (including CJLR) were down 15.3% year-on year, and down 13.8% compared to Q4 FY26. Compared to the prior year, retail volumes for the first quarter were down in all markets, with the UK down 1.8%, Europe down 11.4%, North America down 13.1%, Overseas down 18.7%, China down 23.9% and MENA down 41.5%. JLR will report its first quarter financial results for the period ended 30 June 2026 in August 2026. *The volume data included in this release is rounded to the nearest hundred units and provisional. Additional detailed volume data will be available by 7 July 2026 on the Investor Relations pages of the JLR website and will provide the confirmed volumes for the quarter.
The board of Lenskart Solutions at its meeting held on 02 July 2026 has approved the incorporation of a joint venture company in India with Mingfeng Glassesworld, China (MGL), pursuant to a strategic partnership between the parties. The proposed joint venture will be engaged in the business of manufacturing metal spectacle frames in India with the objective of strengthening the Company's manufacturing capabilities, enhancing supply chain efficiencies, promoting localisation of manufacturing and reducing dependence on imports of metal frames.
The board of Lenskart Solutions at its meeting held on 02 July 2026 has approved the scheme of amalgamation of Dealskart Online Services (Transferor Company No. 1) and Lenskart Eyetech (Transferor Company No. 2), wholly-owned subsidiaries of the Company, with and into Lenskart Solutions (Transferee Company) and their respective shareholders and creditors.
Adani Enterprises has opened a qualified institutional placement offer on 02 July 2026 with floor price of Rs 3,034.68 per equity share.
Punjab & Sind Bank has fixed 21 July 2026 as record date for the purpose of final dividend for the FY 2025-26.
RailTel Corporation of India has received the work order from Haryana State Electronics Development Corporation for operations and maintenance of Haryana State Wide Area Network. The contract is valued at Rs 16.20 crore.
Motherson Sumi Wiring India has received affirmation in credit rating for bank loan facilities of Rs 600 crore at IND A1+.
Texmaco Rail & Engineering has received affirmation in credit ratings from CARE Ratings for bank facilities at CARE A; Stable/ CARE A1.
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