Impact Events

Varmora Granito Board Approves Q2 FY27 Unaudited Results
Varmora Granito Ltd announced that its Board of Directors, in a meeting held on October 19, 2026, has approved the Un-Audited Financial Results (Standalone and Consolidated) for the Quarter and half-year ended September 30, 2026. The Board also took on record the Limited Review Report on these financial results. The meeting commenced at 4:00 PM IST and concluded at 8:00 PM IST. The company will host this information on its website.

PFC receives NOC from NSE & BSE for REC merger
Power Finance Corporation Ltd (PFC) has received No Objection letters from BSE Limited and National Stock Exchange of India Limited for the proposed scheme of merger of REC Limited with and into PFC. This follows the board approvals received on June 28, 2026. The merger is subject to other regulatory approvals, including from the RBI, and the approval of shareholders and creditors. SEBI has provided comments on the draft scheme, emphasizing disclosure of ongoing proceedings, fulfillment of conditions, potential approvals for changes in share exchange ratio, and compliance with various regulations and circulars.

SIS Ltd Senior Management Personnel Resigns
SIS Ltd has announced the resignation of Mr. Vineet Toshniwal, President (M&A and Investor Relations), a key member of its Senior Management Personnel. His resignation is effective from January 31, 2027, citing personal reasons. Mr. Toshniwal's departure marks a significant change in the company's leadership, particularly in the M&A and investor relations functions. The company has accepted his resignation, and his last working day will be January 31, 2027. Further details as required by SEBI regulations have been provided.

Varmora Granito Board Approves Q1 FY27 Unaudited Financial Results
Varmora Granito Ltd announced that its Board of Directors, in a meeting held on October 19, 2026, has considered and approved the Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. The Board also took on record the Limited Review Report on these financial results. The meeting commenced at 4:00 PM IST and concluded at 8:00 PM IST. The financial results and related information will be hosted on the company's website.

Varmora Granito Q2 FY27: consolidated PAT surges 175% YoY as margins expand sharply
In its first quarter as a listed company, Varmora Granito posted consolidated revenue of ₹399.0 Cr, up 8.8% YoY and 26.5% QoQ, with PAT attributable to owners of ₹45.3 Cr, up 175% YoY (PAT margin 11.4% vs 4.5% a year ago). EPS came in at ₹2.23 for the quarter (H1 FY27 EPS ₹2.87). Standalone revenue was ₹387.1 Cr with PAT of ₹23.3 Cr, up a more modest 37% YoY after absorbing a ₹17.9 Cr exceptional loss on the sale of its stake in subsidiary Simola Tiles LLP. The gap between standalone and consolidated growth is explained almost entirely by that one transaction: at the standalone entity the stake sale registers as a loss, while at the Group level the same deal (deconsolidation of Simola Tiles LLP, now a 30%/29% associate rather than a subsidiary) nets to a small ₹0.6 Cr gain, so the drag essentially disappears on a consolidated basis. Excluding exceptional items on both sides, adjusted consolidated PAT growth is still ~202% YoY — confirming the jump is largely operating, not accounting. The operating margin story is the core of the quarter: EBITDA margin expanded to roughly 17.1% from ~5.7% a year ago and ~4.6% in Q1 FY27, helped by a drop in finance costs (₹6.8 Cr vs ₹9.7 Cr YoY). Against the pre-listing expectation range we flagged (revenue ~₹430–450 Cr, EBITDA margin 12–14%, PAT margin 3–4%), revenue came in below range while both margin metrics beat it comfortably — a miss on scale, a clear beat on profitability. No management press release was available to cross-check against the company's own framing, and there is no formal prior guidance on record for this quarter. Post-listing analyst coverage remains thin — a web check found no Q2 FY27-specific consensus estimates, consistent with the pre-result read that research on the stock is still mostly pre-IPO in nature. The two watch items flagged pre-result — capex pace and IPO-proceeds deployment — both show limited progress. H1 FY27 capex was just ₹11.7 Cr (consolidated) / ₹14.8 Cr (standalone), well short of the ₹100–150 Cr range flagged for the first six months post-listing. More notably, all ₹296 Cr of net IPO proceeds remain parked in monitoring accounts as of 30 September 2026, with the company's own disclosure showing zero utilisation against any of the stated objects (₹215 Cr debt repayment, ₹30 Cr subsidiary investment, ₹48 Cr general corporate purposes). Standalone total borrowings are little changed at ₹274.9 Cr versus ₹279.3 Cr in March 2026, so the debt-reduction story investors were watching for has not yet started to play out.

Quint Digital Q2FY27: consolidated loss widens YoY to ₹2.9 Cr despite revenue jump
Quint Digital's consolidated revenue came in at ₹36.78 Cr, up 371.9% YoY (₹7.79 Cr) and 5.7% QoQ (₹34.80 Cr), but the YoY jump is not organic growth: Quintype Technologies Inc (QT Inc, US) converted from an equity-accounted joint venture to a fully consolidated subsidiary effective October 1, 2025, so the year-ago Q2 FY26 base excluded QT Inc's revenue and losses entirely. The group posted a consolidated loss for the period of ₹2.86 Cr (EPS -₹1.06), narrower than Q1 FY27's ₹2.97 Cr loss (QoQ loss narrowed ~3.6%) but far deeper than the near-breakeven ₹0.04 Cr loss booked a year earlier, before QT Inc sat inside consolidation. Loss attributable to owners of the parent was ₹5.12 Cr, cushioned by ₹2.26 Cr of profit attributable to non-controlling interests at the newly consolidated subsidiaries. Net margin (PAT/total income) was -7.4% this quarter versus -7.6% in Q1 (a marginal QoQ improvement) but -0.36% a year ago — the YoY compression tracks both the consolidation-scope change and a sharp rise in finance costs, which climbed to ₹5.12 Cr consolidated from ₹0.57 Cr a year ago as the company carries new debt and equity-linked instruments from its Rights Issue (CCPS and detachable warrants, final ₹5/warrant call approved October 9, 2026) and ₹50 Cr of NCDs allotted in July 2026. At the segment level, Media and Technology operations swung to a ₹2.72 Cr profit from a ₹2.32 Cr loss a year ago, while the pre-revenue Operated Market (Times Out) segment's loss widened sharply to ₹3.70 Cr from ₹0.18 Cr YoY — the segment mix shows where the group's underlying operating business is improving and where the drag sits. Standalone, the parent reported a steeper ₹6.51 Cr loss including a ₹2.68 Cr impairment on financial assets with no equivalent in Q1 or the year-ago quarter, meaning subsidiary-level results — not the parent — are what keep the consolidated loss from being wider. Management issued no formal numeric profit guidance for Q1/FY27 at its AGM, instead targeting ~155% revenue growth for FY27 and a multi-year claim of "multiple growth on top line and bigger multiple on bottom line" if its three verticals perform to plan. This quarter's 371.9% YoY revenue growth runs well ahead of that full-year pace, continuing the trend from Q1's 335% growth, but the bottom-line half of management's claim is not yet showing up — the group remains loss-making with a YoY-wider loss, not a profit multiple. A web search found no brokerage previews or consensus estimates for this micro-cap (last quoted market cap ~₹185 Cr), so street comparison is unknown rather than a miss. During the quarter the company completed Rights Issue reporting, listed its partly-paid CCPS and detachable warrants on BSE (trading from September 18, 2026), and approved the final warrant call on October 9, 2026 — all tied to the capital raise behind the higher finance costs above. No company press release accompanying this result was available to cross-check management's own framing of the print. The quarter sets up a test of whether the India launch of Time Out Market — flagged in the filing as expected to "commence revenue operations during the current financial year" — can narrow the Operated Market segment's ₹3.70 Cr quarterly loss, and whether Media and Technology's swing to profitability can scale enough to offset it and move the consolidated group toward breakeven.

Shiva Granito Export Ltd: Addendum to EGM Notice for Director Appointment
Shiva Granito Export Limited has issued an addendum to its Extra Ordinary General Meeting (EGM) notice, originally scheduled for November 5, 2026. The addendum incorporates a new item (Item No. 3) to seek shareholder approval for the appointment of Mrs. Rekha Panwar as a Non-Executive Independent Director. Her appointment is proposed for a term of two years, from October 14, 2026, to October 13, 2028. This addendum is being issued due to a technical error that prevented her appointment from being included in the previous Annual General Meeting's e-voting process. The addendum forms an integral part of the original EGM notice, with all other contents remaining unchanged.

Quint Digital Board Approves Un-Audited Financial Results
Quint Digital Ltd announced the outcome of its Board Meeting held on October 19, 2026. The Board of Directors considered and approved the Un-Audited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026. A Limited Review Report was also provided along with the financial results. The company has also hosted this intimation on its official website.

Megamont Ltd Secures ₹6.04 Cr Orders for Soyabean Oil Supply
Megamont Limited has secured orders worth ₹6.04 Crores for the supply of Crude Degummed Soyabean Oil to AWL Agri Business Limited. The entire supply is scheduled for execution by October 2026, with dispatches already underway. This contract strengthens Megamont's position in the edible oil and agri-commodity sector, highlighting its capability to manage bulk supply chains efficiently. AWL Agri Business Limited is a major player in India's food and FMCG industry, making this a significant engagement for Megamont. The company aims to leverage this to build lasting relationships and expand its business with leading customers.

Quint Digital: Monitoring Agency Report for Rights Issue Q2 FY27
Quint Digital Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. The report, issued by CARE Ratings Limited, pertains to the company's Rights Issue aggregating Rs. 90.88 crore. The report confirms NIL deviation from the objects of the issue. The Board of Directors and Audit Committee have reviewed and taken the report on record. This filing ensures transparency in the utilization of funds raised through the Rights Issue.

Just Dial Q2 FY27 Revenue Up 13.1% YoY to ₹342.8 Cr
Just Dial Limited announced its unaudited financial results for the second quarter and half year ended September 30, 2026. The company reported a revenue of ₹342.8 Crores for Q2 FY27, marking a 13.1% year-over-year (YoY) growth and a 4.7% quarter-over-quarter (QoQ) growth. Operating EBITDA stood at ₹90.7 Crores with an EBITDA Margin of 26.4%. Net Profit was ₹107.8 Crores, showing a YoY decline of 9.7%, attributed to lower other income due to elevated yield rates. The company continues to invest in AI-led capabilities and B2B expansion. Paid Campaigns grew 5.2% YoY to 656,520, and the platform recorded 198.4 million unique visitors. Cash and Investments stood at ₹6,113.9 Crores.

Central Bank of India Reports RTGS System Glitch
Central Bank of India has disclosed a technical glitch in its RTGS outward system that occurred between October 15th and October 17th, 2026. The bank has taken immediate steps to investigate and respond, including isolating affected systems and engaging external experts. While the root cause is being analyzed and corrective measures are underway, the bank confirms that no customer has incurred any financial loss due to the incident.

Swaraj Suiting Ltd: Corrigendum to EGM Notice on Oct 24
Swaraj Suiting Ltd has issued a corrigendum to its Extra Ordinary General Meeting (EGM) notice, originally dated October 1, 2026. The EGM is scheduled for October 24, 2026, to be held via Video Conferencing/Other Audio-Visual Means. This corrigendum amends specific details within the Explanatory Statements for Item Nos. 1 and 2 of the EGM notice, as advised by the stock exchanges. Notably, Item No. 1 of the Explanatory Statement has been updated to reflect amendments regarding a Preferential Issue of Equity Shares, aiming to raise up to ₹1,172.50 Crore (Rupees One Hundred Seventeen Crore Twenty-Five Lakhs). The proceeds are intended for working capital and general corporate purposes, including expenses related to the issue.

Max Healthcare Members Approve ESOP Scheme and MOA Alteration
Max Healthcare Institute Ltd announced that its members, through postal ballot and remote e-voting, have approved the 'Max Healthcare Institute Limited - Performance Linked Restricted Stock Unit Scheme 2026'. This scheme allows for the grant of up to 73,50,000 equity shares (approximately 0.76% of paid-up capital) with an exercise price equal to the face value of ₹10 per share. The exercise period is three years from the vesting date. Additionally, the members approved the alteration of the Main Objects Clause of the Memorandum of Association to include establishing medical colleges and dealing in pharmaceuticals. The disclosure also notes that no options have been granted or vested yet, making certain SEBI-related details not applicable at this time.

Lords Mark Industries to consider ₹100 Cr loan from Promoter
Lords Mark Industries Ltd has announced a board meeting scheduled for October 23, 2026. The primary agenda item is to consider and approve a loan of ₹100 Crore from Mr. Sachidanand H Upadhyay, a Promoter and Director. This loan will have an option for conversion into equity, subject to mutually agreed terms and shareholder approval. The company is adhering to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by providing this notice.










