Impact Events
Manaksia Coated Metals Reports Record Revenue, EBITDA, PAT in Q2 FY27
Manaksia Coated Metals & Industries Limited announced its financial results for Q2 and H1 FY27. The company achieved record revenue, EBITDA, and PAT for both periods. In Q2 FY27, PAT grew 33% QoQ to ₹19.73 Crore, while EBITDA increased 27% QoQ to ₹36.91 Crore. Revenue crossed ₹321.55 Crore. EBITDA per ton improved to ₹11,536. The company highlighted strong performance driven by improved realizations, value-added products, and operational efficiencies. Exports were a key growth driver, with revenue growing 33.41% QoQ. Strategic expansion plans, including a second color coating line and a captive solar power plant, are progressing, with commissioning targeted for Q3 FY27. The company aims to triple output, revenue, and profitability by FY29.
Callista Industries: Koriander Consultants LLP Acquires 6.5 Lakh Shares
Callista Industries Ltd announced that Koriander Consultants LLP has acquired 6,50,000 Equity Shares through the conversion of convertible warrants. This transaction, which occurred on October 26, 2026, resulted in Koriander Consultants LLP's holding of shares carrying voting rights increasing from 19,03,412 (17.54%) to 25,53,412 (22.57%). The acquisition was made via Preferential Allotment of Equity Shares. The total diluted share capital of Callista Industries Ltd after the acquisition is Rs. 28,79,65,880/-.
Raghav Bahl Sells 6.99% of Quint Digital via CCPS Acquisition
Raghav Bahl, a promoter of Quint Digital Ltd, has acquired Compulsorily Convertible Preference Shares (CCPS) amounting to 44,84,838 units, representing 6.99% of the total diluted share capital. This acquisition was made via open market on October 26, 2026. Following this transaction, his total holding in terms of shares carrying voting rights remains unchanged at 1,41,59,952 units (29.99%), while his total diluted holding is now 55.26%. The CCPS are non-participating and do not carry voting rights, thus not triggering an open offer obligation.
Umiya Holding Buys 500 Shares of MRO-TEK NETWORKS
Umiya Holding Private Limited, part of the promoter group, has acquired 500 shares of MRO-TEK NETWORKS LIMITED (formerly Umiya Buildcon Limited) through the open market. This acquisition represents a 0.002% increase in their holding. Following the transaction, Umiya Holding's total shareholding in MRO-TEK NETWORKS stands at 72,75,417 shares, representing 38.91% of the total share capital. The total equity share capital of the company remains unchanged at 1,86,84,602 shares.
Kiran Kumar Jain M Sells 1.51% Stake in Raj Television Network
Kiran Kumar Jain M has sold 996,317 shares, representing 1.919% of the total capital, in Raj Television Network Ltd. The sale was conducted via Open Market (Market Sale). Following the transaction, Kiran Kumar Jain M's holding has reduced from 6.909% to 4.990%. The total equity share capital of the company remains Rs. 25.96 Crores.
Jupiter Wagons Secures ₹1,140 Cr Wagon Order from Railways
Jupiter Wagons Limited (JWL) has secured a significant order from the Ministry of Railways for the manufacture and supply of 2,583 wagons, comprising BOXNHL and BOXNS types. The total value of this order is INR 1,140 crore (including taxes). This award underscores JWL's consistent performance in Indian Railways' procurement program. The company also maintains a strong order book from the private sector, including freight operators and leasing companies, indicating a diversified and resilient pipeline. JWL anticipates further order inflows of approximately INR 2,000 crore in Q4 FY27. The company's Managing Director, Mr. Vivek Lohia, highlighted JWL's backward integration strategy and its expansion into wheelset manufacturing as key strengths for cost control and timely delivery. This order aligns with the Government of India's National Rail Plan to increase rail freight share.
Jupiter Wagons Secures ₹1,140 Cr Wagon Order from Railways
Jupiter Wagons Limited has secured a significant order from the Ministry of Railways (Railway Board) for the manufacture and supply of 2,583 wagons, comprising BOXNHL and BOXNS types. The aggregate order value stands at INR 1,140 crore. This substantial order reinforces the company's prominent position in the railway rolling stock manufacturing sector and underscores its ongoing contribution to meeting the Indian Railways' rolling stock needs. The company has disclosed this information as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kkalpana Plastick: Promoter Sells 72.58% Stake
Bbigplas Poly Private Limited and Mrs. Sarla Surana have sold their entire holding of 40,12,335 equity shares, representing 72.58% of the total paid-up equity and voting share capital of Kkalpana Plastick Limited. The sale was conducted off-market on October 27, 2026, pursuant to a Share Purchase Agreement dated July 07, 2026. Following this transaction, the sellers no longer hold any shares in the company.
HDFC Mutual Fund Sells 2.01% Stake in Bajaj Electricals
HDFC Mutual Fund has reduced its shareholding in Bajaj Electricals Ltd. by 2.01%, from 9.28% to 7.25%. The transaction involved the sale of shares through the open market. The total paid-up equity share capital of Bajaj Electricals is approximately Rs. 23.08 crore, comprising over 11.54 crore equity shares.
Mukta Agriculture: Krishan Khadaria Sells 2,00,000 Shares
Krishan Khadaria, a Promoter of Mukta Agriculture Limited, has sold 2,00,000 equity shares, representing 0.92% of the total share capital, in the open market. The transaction occurred on October 27, 2026. Following the sale, Khadaria's holding in the company has reduced from 1.45% to 0.53%. The total equity share capital of the company remains unchanged at Rs. 21,68,17,710/-.
Jindal Power Sells 349,076 Shares of Jindal Steel
Jindal Power Ltd, part of the promoter group, has sold 349,076 equity shares of Jindal Steel Limited (formerly Jindal Steel & Power Limited) on October 26, 2026. This transaction represents a 0.034% stake. Following the sale, Jindal Power's holding in Jindal Steel has reduced from 1.181% to 1.215%. The shares were acquired/sold via the open market.
Reliance Subsidiary Hamleys Franchising to be Struck Off
Reliance Industries Ltd has announced that its step-down subsidiary, Hamleys (Franchising) Limited (HFL), is set to be voluntarily struck off the register and dissolved. The Registrar of Companies in the United Kingdom published a notice indicating dissolution will occur at least 2 months from October 27, 2026. For the calendar year 2025, HFL reported a turnover of ₹56.08 crore, contributing a negligible 0.0048% to Reliance's consolidated turnover for FY 2025-26. As of December 31, 2025, HFL had a net worth of Nil. This action signifies the closure of a minor international subsidiary with minimal financial impact on the parent company.
Biocon Ranks Among Top Global Biotech Employers by Science Magazine
Biocon Limited has been recognized as one of the Top 20 Global Employers in biotechnology, biopharmaceutical, pharmaceutical, and related industries by Science magazine's 2026 survey. The company secured the 13th position, marking its consistent presence on the list since 2012. Biocon was specifically lauded for its social responsibility, respect for employees, and a culture aligned with employee values. This recognition highlights Biocon's strong employer brand, driven by its people-centric culture and commitment to fostering innovation and excellence. The survey polled employees across the life sciences sector, with rankings based on corporate image, financial prowess, leadership, and work culture.
Mobavenue AI Tech Appoints Vikram Sheth as Chief of Corporate Development
Mobavenue AI Tech Limited has appointed Vikram Sheth as its Chief of Corporate Development and Investor Relations. With 30 years of experience in investment banking, including capital markets, M&A, and fundraising, Sheth has previously advised companies and helped raise over USD 3 billion. In his new role, he will lead corporate development, fundraising, strategic acquisitions, and investor relations to align with the company's long-term business priorities and growth strategies. This appointment is expected to strengthen Mobavenue's ability to evaluate strategic opportunities and enhance its engagement with the investment community.
OnEMI Technology Solutions Q2 FY27 PAT Doubles YoY to ₹125 Cr
OnEMI Technology Solutions Limited (Kissht) reported strong unaudited financial results for Q2 FY27. Assets Under Management (AUM) grew 68% YoY to ₹9,317 Cr, with Profit After Tax (PAT) doubling YoY to ₹125 Cr. Cumulative customers served crossed 12.80 million. The company maintained strong asset quality with GNPA at 2.18% and NNPA at 0.34%. Net worth grew 103% YoY to ₹2,377 Cr. Kissht expects FY27 AUM growth of over 60% and a decline in credit costs by over 15% YoY.