EPL:
CO CEO RAISES GROWTH GUIDANCE TO HIGH TEENS FOR NEXT FEW QUARTERS, REAFFIRMS 20% UNDERLYING EBITDA MARGIN
CO CEO RAISES GROWTH GUIDANCE TO HIGH TEENS FOR NEXT FEW QUARTERS, REAFFIRMS 20% UNDERLYING EBITDA MARGIN
FINOLEX INDUSTRIES:
CO GUIDES FOR SUSTAINED LONG-TERM GROWTH DRIVEN BY STRUCTURAL TRENDS IN RURAL WATER MANAGEMENT, AGRICULTURAL MODERNISATION, AND RAPID URBANISATION
CO GUIDES FOR SUSTAINED LONG-TERM GROWTH DRIVEN BY STRUCTURAL TRENDS IN RURAL WATER MANAGEMENT, AGRICULTURAL MODERNISATION, AND RAPID URBANISATION
JOHN COCKERILL INDIA: WINS ₹200 CR ORDER FROM TANZANIA
• Receives international order from A1 Iron & Steel Tanzania Limited.
• Order includes design, manufacturing, critical supply and supervisory services for PPPL, Cold Rolling Mill, CGL and Acid Regeneration Plant.
• Equipment to be installed at Nala Industrial Park, Dodoma City, Tanzania.
• Order to be executed within 10 months from August 2026.
• Order value approximately ₹200 Cr.
• No promoter/group company interest in the awarding entity.
• Receives international order from A1 Iron & Steel Tanzania Limited.
• Order includes design, manufacturing, critical supply and supervisory services for PPPL, Cold Rolling Mill, CGL and Acid Regeneration Plant.
• Equipment to be installed at Nala Industrial Park, Dodoma City, Tanzania.
• Order to be executed within 10 months from August 2026.
• Order value approximately ₹200 Cr.
• No promoter/group company interest in the awarding entity.
THOMAS COOK INDIA: STERLING LAUNCHES 80TH RESORT IN CHHATTISGARH
• Wholly owned subsidiary Sterling Holiday Resorts launches Sterling Naman Bastar in Jagdalpur
• Marks Sterling’s 80th resort and first national hospitality brand in Jagdalpur
• Resort spread across 3.21 acres with 45 rooms
• Launch aims to promote Bastar as a new tourism destination
• Jagdalpur airport provides connectivity to Hyderabad and Raipur
• Wholly owned subsidiary Sterling Holiday Resorts launches Sterling Naman Bastar in Jagdalpur
• Marks Sterling’s 80th resort and first national hospitality brand in Jagdalpur
• Resort spread across 3.21 acres with 45 rooms
• Launch aims to promote Bastar as a new tourism destination
• Jagdalpur airport provides connectivity to Hyderabad and Raipur
LIC HOUSING FINANCE
Appoints Sandeep Kumar as MD & CEO for 5 years effective Aug 29, 2026
T Adhikari ceases to be MD & CEO effective today
Appoints Sandeep Kumar as MD & CEO for 5 years effective Aug 29, 2026
T Adhikari ceases to be MD & CEO effective today
DHANUKA AGRITECH: SETS UP WHOLLY OWNED SUBSIDIARY IN IRELAND
• Incorporated Dhanuka Agritech Europe Pvt Ltd in Ireland on August 26, 2026
• Objective: Undertake agrochemical business and allied activities
• Dhanuka Agritech holds 100% stake in the subsidiary
• Initial Investment: EUR 100
• Move establishes a European presence and supports international expansion
• Incorporated Dhanuka Agritech Europe Pvt Ltd in Ireland on August 26, 2026
• Objective: Undertake agrochemical business and allied activities
• Dhanuka Agritech holds 100% stake in the subsidiary
• Initial Investment: EUR 100
• Move establishes a European presence and supports international expansion
GUJARAT THEMIS BIOSYN: CLOSES QIP; RAISES ~₹750 CR
• QIP closed on August 28, 2026
• Allotted 2.12 Cr equity shares to eligible QIBs
• Issue Price: ₹354 per share
• Total Fundraise: ~₹750 Cr
• Issue price at 4.98% discount to QIP floor price of ₹372.57
• Fundraise strengthens balance sheet and supports future growth
• QIP results in equity dilution
• QIP closed on August 28, 2026
• Allotted 2.12 Cr equity shares to eligible QIBs
• Issue Price: ₹354 per share
• Total Fundraise: ~₹750 Cr
• Issue price at 4.98% discount to QIP floor price of ₹372.57
• Fundraise strengthens balance sheet and supports future growth
• QIP results in equity dilution
PIRAMAL FINANCE: CLOSES ₹2,100 CR QIP; MAJOR FUNDS PARTICIPATE
• Allotted 99.53 lakh equity shares at ₹2,110/share
• Total QIP Size: ~₹2,100 Cr
• Key allottees: ICICI Prudential, Kotak, Nippon India, Goldman Sachs, BlackRock and major MF groups
• Paid-up capital rises to ~₹47.33 Cr from ₹45.34 Cr
• Strong institutional participation supports confidence in the fundraise
• Allotted 99.53 lakh equity shares at ₹2,110/share
• Total QIP Size: ~₹2,100 Cr
• Key allottees: ICICI Prudential, Kotak, Nippon India, Goldman Sachs, BlackRock and major MF groups
• Paid-up capital rises to ~₹47.33 Cr from ₹45.34 Cr
• Strong institutional participation supports confidence in the fundraise