Gujarat Inject (Kerala) Ltd. Announces Q1 FY27 Standalone Financial Results;

 Appoints Mr. Murli Shivshankaran Nair as Managing Director and Advances Strategic Name Change to REGENOVA RENEWTECH LIMITED

Q1 FY27 Net Profit reaches Rs. 1.25 Crore, marking a massive year-on-year increase compared to Q1 FY26; Strategic transition into renewable energy and solar solutions moves forward rapidly.

Vadodara, Gujarat – July 15, 2026: The Board of Directors of Gujarat Inject (Kerala) Limited (BSE: 524238) today approved the standalone un-audited financial results for the first quarter ended June 30, 2026. The Company has delivered a strong performance, highlighting its robust transition into the high-growth solar and clean energy sector.

FINANCIAL PERFORMANCE HIGHLIGHTS

Q1 FY27 Revenue from Operations stood at Rs. 12.45 Crore (Rs. 1,245.45 Lakhs), representing a spectacular YoY growth of 414.4% compared to Rs. 2.42 Crore (Rs. 242.12 Lakhs) in Q1 FY26.

Q1 FY27 Standalone Net Profit (PAT) rose to Rs. 1.25 Crore (Rs. 125.16 Lakhs), a massive expansion from Rs. 0.07 Crore (Rs. 7.35 Lakhs) in the corresponding quarter of the previous fiscal year.

Comparison with Q4 FY26: While the sequential revenue moderated to Rs. 12.45 Crore from the exceptional, peak order-delivery quarter of Q4 FY26 (Rs. 30.70 Crore / Rs. 3,069.77 Lakhs), the company maintained highly resilient bottom-line performance with PAT at Rs. 1.25 Crore compared to Rs. 1.64 Crore (Rs. 163.51 Lakhs) in Q4 FY26.

Earnings Per Share (EPS): Stood at Rs. 0.86 per share for Q1 FY27, up substantially from Rs. 0.05 in Q1 FY26.

LEADERSHIP APPOINTMENT: MR. MURLI SHIVSHANKARAN NAIR APPOINTED AS MANAGING DIRECTOR

In a significant move to strengthen its executive leadership team, the Board of Directors, at its meeting held on 06th July, 2026, approved the appointment of Mr. Murli Shivshankaran Nair as an Additional Director, designated as the Managing Director of the company. His appointment is effective from July 6, 2026, for a tenure of 3 years, subject to the approval of the members of the company at the ensuing general meeting.

Mr. Nair is a seasoned professional with a diverse generalist background and extensive expertise in manufacturing, administration, and corporate development. He possesses a deep understanding of the manufacturing sector and customer dynamics, making him uniquely qualified to lead the company's ambitious growth roadmap and operational scaling in the clean tech sector.

STRATEGIC BRAND TRANSITION & PROPOSED NAME CHANGE

To align the company's identity with its strategic business focus, the Board on 14th July, 2026 approved the proposal to change the company’s name from "Gujarat Inject (Kerala) Limited" to "REGENOVA RENEWTECH LIMITED", subject to shareholder approvals. This rebranding encapsulates the company's active diversification into the renewable energy segment, specifically its growing footprint in Solar PV module distribution and clean energy solutions.

The transition is supported by the company's active efforts in executing major solar infrastructure orders and operating its own 5MW solar project in Jakasana, Mehsana (Gujarat). Consequent to the name change, Clause I of the Memorandum of Association and corresponding Articles of Association will be altered to reflect the new name.

Commenting on the progress, Mr. Murli Shivshankaran Nair, Managing Director, said:

"We are entering an incredibly exciting phase at Gujarat Inject. The robust financial results for Q1 FY27 reflect the inherent strength of our new strategic direction. Moving towards a unified brand under REGENOVA RENEWTECH LIMITED signals our commitment to clean energy, sustainability, and long-term value creation. Our focus remains on stellar execution, maintaining strong customer relationships, and scaling our operational platform safely and efficiently."

बँक ऑफ इंडिया ऑफिसर्स असोसिएशनतर्फे बँक राष्ट्रीयीकरण दिनानिमित्त आरोग्य तपासणी शिबिराचे आयोजन

आगामी ५७ व्या बँक राष्ट्रीयीकरण दिनानिमित्त कर्मचारी कल्याणाप्रती असलेली आपली बांधिलकी अधोरेखित करत बँक ऑफ इंडिया ऑफिसर्स असोसिएशन (BOIOA) तर्फे आज मुंबई येथील बँक ऑफ इंडिया मुख्यालयात कोकिलाबेन धीरूभाई अंबानी हॉस्पिटल यांच्या सहकार्याने सर्वसमावेशक आरोग्य तपासणी शिबिराचे आयोजन करण्यात आले. या शिबिरामध्ये बोन मिनरल डेन्सिटी, ऑडिओमेट्री, ईएनटी, युरोफ्लोमेट्री, अस्थिरोग, वेदना व्यवस्थापन, आहारतज्ज्ञ मार्गदर्शन यांसह विविध विशेष वैद्यकीय तपासण्या उपलब्ध करून देण्यात आल्या. सुमारे ६३० अधिकारी व कर्मचाऱ्यांनी या शिबिराचा उत्स्फूर्त लाभ घेतला.

या शिबिराचे उद्घाटन बँक ऑफ इंडियाचे व्यवस्थापकीय संचालक व मुख्य कार्यकारी अधिकारी श्री. रजनीश कर्नाटक यांच्या हस्ते झाले. यावेळी कार्यकारी संचालक श्री. राजगोपाल, श्री. सुब्रत कुमार, श्री. राजीव मिश्रा व श्री. प्रमोद द्विवेदी, तसेच मुख्य दक्षता अधिकारी (CVO) श्री. ललित तनेजा, बँकेचे अनेक मुख्य महाव्यवस्थापक, महाव्यवस्थापक आणि वरिष्ठ अधिकारी उपस्थित होते.

हा उपक्रम BOIOA चे अध्यक्ष श्री. अँटोन सल्डान्हा आणि सरचिटणीस श्री. निलेश पवार यांच्या नेतृत्वाखाली यशस्वीपणे राबविण्यात आला. कर्मचारी आरोग्य व सर्वांगीण कल्याणाला प्राधान्य देण्याच्या असोसिएशनच्या सातत्यपूर्ण वचनबद्धतेचे हे द्योतक असल्याचे स्पष्ट झाले.

यावेळी बोलताना व्यवस्थापकीय संचालक श्री. रजनीश कर्नाटक यांनी ऑफिसर्स असोसिएशनच्या या स्तुत्य उपक्रमाचे कौतुक केले. विशेषतः सरचिटणीस श्री. निलेश पवार यांनी अधिकारी हित डोळ्यासमोर ठेवून या आरोग्य शिबिराची केलेली संकल्पना व त्यासाठी घेतलेले परिश्रम यांचे त्यांनी विशेष अभिनंदन केले. उत्तम आरोग्य हे वैयक्तिक आनंदाबरोबरच व्यावसायिक कार्यक्षमतेचेही द्योतक असल्याचे सांगत प्रत्येक अधिकाऱ्याने स्वतःच्या आरोग्याबाबत सजग राहण्याचे आवाहन त्यांनी केले.

आपल्या मनोगतात सरचिटणीस श्री. निलेश पवार यांनी बँक राष्ट्रीयीकरण चळवळीच्या ऐतिहासिक महत्त्वाचा गौरवपूर्ण उल्लेख केला. सार्वजनिक क्षेत्रातील बँकांनी गेली अनेक दशके देशाच्या आर्थिक व सामाजिक विकासात मोलाचे योगदान दिले असून, ही जबाबदारी पार पाडताना अनेक बँक अधिकाऱ्यांनी स्वतःच्या आरोग्याची योग्य काळजी घेणे आवश्यक आहे, असे त्यांनी नमूद केले. आरोग्याविषयी जागरूकता ही प्रत्येक अधिकाऱ्याच्या जीवनशैलीचा अविभाज्य भाग बनली पाहिजे, कारण निरोगी बँक अधिकारी-कर्मचारी सक्षम संस्था, समाधानी ग्राहक आणि सशक्त राष्ट्र उभारण्यात अधिक प्रभावी योगदान देऊ शकतो, असे मत त्यांनी व्यक्त केले.

Himalaya Wellness Reimagines Hydration Skincare with the Relaunch of Its Aloe Range Through a Youthful TVC

~The new “Say Aloe to Hydrated, Bouncy, Dewy Cheeks” campaign spotlights hydration through nature enriched with science.

National, 14 July 2026: Himalaya Wellness strengthens its presence in the growing hydration skincare category with the relaunch of its Aloe Vera Range. As hydration increasingly becomes central to modern skincare routines, the brand is repositioning its Aloe Vera range as a contemporary skincare essential, rooted in nature and backed by science to deliver “Hydrated, bouncy and dewy” skin.

At the centre of the relaunch is a new TVC built around a playful and culturally relevant consumer behaviour the everyday cheek-to-cheek greeting among friends. Set in a fresher's party, the film uses relatability and beauty aspiration to bring alive the brand's "Say Aloe to Hydrated, Bouncy, Dewy Cheeks" message. Through a youthful storytelling approach, the campaign aims to make hydration-led skincare more conversational, social-first and relevant for Gen Z consumers.

The relaunch reflects Himalaya Wellness's continued focus on strengthening its presence within the evolving hydration skincare category. It does this through ingredient-led innovation, youth-first storytelling and new age formats with the launch of a range extension - Aloe Vera Hydra Plump Face Serum with 2% Hyaluronic Acid. At a time when skincare preferences are evolving from functional moisturisation to visible hydration benefits, consumers are increasingly seeking skin that looks and feels soft, hydrated and dewy rather than simply moisturised. Responding to this shift, Himalaya Wellness is spotlighting the benefits of Aloe Vera, Hyaluronic Acid and Vitamin E through a range designed to support hydrated, bouncy, and dewy-looking skin. The campaign further reinforces the brand's broader skincare strategy of combining relatable consumer insights with science-backed innovation to deepen its connection with Gen Z.

Speaking about the campaign, Ms. Ragini Hariharan, Marketing Director – Beauty & Personal Care, Himalaya Wellness, said, “With the relaunch of our Aloe Vera Range, we are highlighting Aloe Vera’s natural hydration benefits for skin. As consumers increasingly gravitate towards new-age, high-efficacy formats, we are further strengthening the portfolio with the launch of a serum, catering to their growing preference for targeted, performance-driven skincare. Through the “Say Aloe to hydrated, bouncy, dewy cheeks” campaign, we bring this proposition to life with a youthful, culturally relevant narrative—making hydration skincare more engaging, relatable, and in tune with the expectations of today’s beauty consumer.”

Speaking on the creative inspiration behind the campaign, Naveen Raman, Executive Vice President, 82.5 communications said, “Today's young woman is always on, socially connected and constantly

expressing herself. While skin dryness is a common concern, she seeks healthy, hydrated skin . Himalaya's Hydrating Face range replenishes and locks in moisture, delivering that coveted bouncy dewy skin. To bring this to life, we have rooted the campaign in an authentic Gen Z moment.

The campaign will roll out across TV, Digital & OOH platforms as part of Himalaya Wellness’s integrated outreach strategy.

Sotefin Bharat Limited IPO Opens on Thursday, July 16, 2026

 

Total Issue Size - Up To 48,00,000 Equity Shares of ₹ 10 each

IPO Size - ₹ 89.76 Crore (At Upper Price Band) 

Price Band - ₹ 178 - ₹ 187 Per Share

Lot Size – 600 Equity Shares (Minimum Application Size 2 Lots i.e. 1,200 Equity Shares)

Mumbai, July 14, 2026 – Sotefin Bharat Limited, a Turnkey Provider of Robotic & Automated Parking Solutions, proposes to open its Initial Public Offering on Thursday, July 16, 2026 aiming to raise ₹ 89.76 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform.

The issue size is upto 48,00,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 178 - ₹ 187 Per Share.

Equity Share Allocation 

QIB Anchor Portion – Upto 13,68,000 Equity Shares

Net QIB Portion – Upto 9,12,000 Equity Shares  

Non-Institutional Investors - Not less than 6,84,000 Equity Shares 

Individual Investors - Not less than 15,96,000 Equity Shares 

Market Maker - Upto 2,40,000 Equity Shares 

The net proceeds from the IPO will be utilized for Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal, Funding capital expenditure requirements for the proposed new office premises, Funding working capital requirements of the Company and the General corporate purposes. The anchor bidding is on Wednesday, July 15, 2026. The issue will open on Thursday, July 16, 2026 and will close on Monday, July 20, 2026.

The Book Running Lead Manager to the Issue is Choice Capital Advisors Private Limited and the Registrar is Bigshare Services Private Limited. 

Mr. Arup Choudhuri, Managing Director of Sotefin Bharat Limited expressed, “Since our inception Sotefin Bharat has consistently focused on delivering innovative automated parking solutions backed by engineering excellence and technological innovation. Our upcoming IPO marks an important milestone in our growth journey, enabling us to expand our manufacturing capabilities, strengthen our technology offerings, and enhance our execution capacity.”

Mr. Ratiraj Tibrewal, Director of Choice Capital Advisors Private Limited said "Sotefin Bharat's focus on engineering innovation and automated parking solutions has enabled it to build a scalable business in a niche and growing market. We believe this IPO will provide the company with the financial flexibility to expand its manufacturing capabilities, strengthen execution capacity, and capitalize on the increasing demand for smart parking infrastructure across India." 

About Sotefin Bharat Limited:

Sotefin Bharat Limited, incorporated in 2012, is engaged in the business of providing mechanized and automated parking solutions. The Company operates across India with support from Swiss Promoter Sotefin SA, Switzerland, a global innovator in automated parking systems since 1956. Sotefin SA brings over six decades of engineering expertise, which complements the Company's business operations in the Indian market.

The company provides end-to-end automated parking solutions, including system design, manufacturing, installation, and operations and maintenance ("O&M") services.The Company has successfully completed more than 58 projects and is executing over 30 ongoing projects across multiple locations in India, including Delhi, Kolkata, Mumbai, Pune, Varanasi and Trivandrum, as well as in international markets such as the United States and Dubai.

In FY26, The Company achieved a Revenue of ₹ 11,674.65 Lakhs, EBITDA of ₹ 2,983.15 Lakhs & PAT of ₹ 1,735.56 Lakhs. 

Disclaimer: 

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Caliber Mining and Logistics Limited’s Initial Public Offering to Open on Friday, July 17,

 2026, Price Band set at Rs 402 – Rs 424 per Equity Share

Price band of Rs 402 - Rs 424 per Equity Share bearing face value of Rs 10 each (“Equity Shares”)

Bid/Offer Opening Date - Friday, July 17, 2026, and Bid/Offer Closing Date - Tuesday, July 21, 2026.

Minimum Bid Lot is 35 Equity Shares and in multiples of 35 Equity Shares thereafter

Tuesday, July 14, Mumbai: Caliber Mining and Logistics Limited (Formerly known as Caliber Mercantile Private Limited) has fixed the price band of Rs 402/- to Rs 424/- per Equity Share of face value Rs 10/- each for its maiden initial public offer.

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, July 17, 2026, for subscription and close on Tuesday, July 21, 2026.

Investors can bid for a minimum of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.

 Equity shares outstanding as on date is 5,59,41,823 Equity Shares of Rs 10 each

The offer, with a face value of Rs 10, consists of a fresh issue up to Rs 40,000 lakhs and an offer-for-sale up to Rs 5,000 lakhs by promoters – Mohit Satishkumar Chadda, Anuj Krishanlal Chadda, Manish Krishanlal Chadda, and Rahul Roshanlal Chadda.

The proceeds from its fresh issuance worth Rs 20,800 lakhs will be utilised for repayment/ prepayment, in full or part, of certain borrowings availed by the company, Rs 16,700 lakhs for funding capital expenditure for purchase of commercial vehicles, plant and machinery, and the balance towards general corporate purpose.

The company, in consultation with the book-running lead manager, has already completed a pre-IPO Placement for up to Rs 10,000 lakhs. 

The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not less than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively.

Incorporated in 2014, the company is a mining operator managing overburden removal, coal extraction and coal logistics together as an integrated services provider. It has a fleet of 1,911 vehicles, plant and machinery (including 100 that are leased vehicles, plant and machinery) as of April 30, 2026 comprising of 883 tippers, 64 loaders, 162 excavators and 362 tip trailers. 

The company offers its customers end-to-end services including coal extraction, overburden removal, coal loading and unloading, road transportation and coordination of rail transportation, making it a one-stop coal mining and logistics provider. Its mining and overburden removal operations are located in Maharashtra, Madhya Pradesh and Chhattisgarh; however, it does not own any of the mines.

The company’s largest customers are mine owing subsidiaries of Coal India Limited (Coal India or CIL), namely Western Coalfields Limited (WCL) and Northern Coalfields Limited (NCL). In logistics, the company focuses on coal loading, unloading and road transportation using its fleet of 1,811 owned (and 100 leased) vehicles, plant and machinery as of April 30, 2026. As of April 30, 2026, its workforce comprised 5,521 employees including four employees on retainer. Its order book increased from Rs 5,66,829.69 lakhs as at March 31, 2026 to Rs 9,55,089.08 lakhs as of May 15, 2026.

Its revenue from operations was Rs 1,67,766.09 lakhs during FY26 as against Rs 1,43,040.38 lakhs a year earlier.

Its net profit was Rs 15,790.04 lakhs during FY26 as against Rs 13,154.88 lakhs a year earlier. 

DAM Capital Advisors Limited is the Book-Running Lead Manager, and KFin Technologies Limited is the Registrar of the Offer. The equity shares are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.

Caliber Mining and Logistics Limited (Formerly known as Caliber Mercantile Private Limited)is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed a red herring prospectus dated  July 13, 2026, with the RoC. The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM at https://www.damcapital.in/home.aspx the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at www.cmll.in Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section “Risk Factors” beginning on page 26 of the RHP. Potential investors should not rely on the DRHP for making any investment decision but should only rely on the information included in the RHP filed by the Company with the RoC.

The Equity Shares offered in the Offer have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act (“Regulation S”).

Disclaimer Clause of Securities and Exchange Board of India (“SEBI”): SEBI only gives its observations on the offer documents and this does not constitute approval of either the Offer or the specified securities stated in the Offer Documents. The investors are advised to refer to page 531 of the RHP for the full text of the disclaimer clause of SEBI.

Disclaimer Clause of BSE: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the RHP has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the RHP. The investors are advised to refer to the page 534 of the RHP for the full text of the disclaimer clause of BSE.

Disclaimer Clause of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Offer Documents. The investors are advised to refer to page 534 of the RHP for the full text of the disclaimer clause of NSE.

Supreme Infrastructure India Ltd. Achieves Landmark Turnaround Paving Way for Sustainable Growth

Positive net worth restored to ₹237.2 crore following substantial implementation of lender-approved Scheme of Arrangement

Secured new EPC contracts worth over ₹100 crore during FY26, reflecting revamping in business operations

Capital structure strengthened through strategic equity infusion and seeking crystallised roadmap for debt resolution. 

13 July 2026: Supreme Infrastructure India Limited ("SIIL" or the "Company"), a leading public limited company engaged in providing integrated engineering and construction solutions, announced its financial results for the fourth quarter and financial year ended March 31, 2026. The results mark a significant milestone in the Company's turnaround journey, driven by the successful implementation of strategic initiatives aimed at strengthening its financial position, optimizing its capital structure and resolving legacy liabilities. During the year, the Company restored a positive net worth of ₹237.2 crore, substantially implemented its lender-approved Scheme of Arrangement, strengthened its capital base through strategic equity infusion and made significant progress in resolving legacy debt, positioning SIIL for operational revival and sustainable long-term growth.

The Company's turnaround reflects sustained efforts to rebuild its financial foundation while enhancing stakeholder confidence. With its financial restructuring substantially achieved, SIIL is well positioned to capitalize on emerging opportunities in India's infrastructure sector. Alongside strengthening its balance sheet, the Company has continued to focus on execution of EPC projects, recovery of claims and resolution of its Build-Operate-Transfer (BOT) assets, creating a strong platform for long-term value creation for shareholders, customers and business partners.

During FY26, SIIL secured new contracts aggregating to more than ₹100 crore, strengthening its order book and reflecting the revival of its business operations. The Company also successfully completed the equity raising plan approved by shareholders on October 21, 2024, in July 2025, inducting key strategic investors including Kitara Capital, Vikas Khemani, Trishankti Power and Ovata Capital, who infused growth capital into the Company and further strengthened its capital structure.

The Company also made substantial progress in implementing its settlement with lenders. During the year, 11 out of the 14 lenders were fully paid, No Objection Certificates (NOCs) were obtained from these lenders and the corresponding security charges were released. The successful implementation of the Scheme of Arrangement has further created a strong foundation for the resolution of the Company's BOT assets. As a majority of lenders to these BOT Special Purpose Vehicles (SPVs) are common with the Company's lenders, SIIL believes 

the successful execution of the restructuring process has strengthened stakeholder confidence and enabled constructive engagement towards achieving an expeditious resolution of these assets, thereby unlocking significant long-term value.

Financial Performance – FY26

Revenue from Operations stood at ₹65.33 crore in FY26 as compared to ₹66.16 crore in FY25. 

Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) improved significantly to ₹(1.68) crore in FY26 from ₹(50.87) crore in FY25. 

Profit Before Tax (PBT) stood at ₹5,796.43 crore in FY26 as compared to a loss of ₹(1,426.35) crore in FY25. 

Profit After Tax (PAT) stood at ₹5,796.43 crore in FY26 as compared to a loss of ₹(1,426.31) crore in FY25. 

Key Highlights – FY26

Positive net worth restored to ₹237.2 crore. 

Successfully implemented a significant portion of the lender-approved Scheme of Arrangement. 

Capital structure strengthened through equity infusion and warrant conversion. 

Continued progress in the resolution of legacy debt and financial obligations. 

Secured new EPC contracts aggregating to more than ₹100 crore, strengthening the order book and supporting business revival. 

Successfully completed the equity raising programme with the induction of strategic investors including Kitara Capital, Vikas Khemani, Trishankti Power and Ovata Capital. 

11 out of 14 lenders fully settled, with corresponding NOCs obtained and security charges released. 

Continued focus on execution of EPC projects, recovery of claims and resolution of BOT assets to support sustainable long-term growth. 

About Supreme Infrastructure India Limited

Supreme Infrastructure India Limited ("SIIL"), established in 1983, is an integrated engineering and construction company with expertise in executing infrastructure projects across India. Headquartered in Mumbai, the Company has been listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) since 2007.

SIIL operates across multiple infrastructure segments including roads and highways, bridges, power, water and sewage systems, EPC projects, BOT projects, and construction, development and maintenance services. The Company also possesses in-house capabilities through crushing plants, asphalt plants, wet mix plants and ready-mix concrete facilities, enabling greater operational control and execution efficiency.

Over the years, SIIL has developed extensive experience in delivering infrastructure projects across diverse geographies and challenging terrains, supported by a strong execution track record and sector expertise.

SBI Funds Management Ltd’s Initial Public Offering to open on Tuesday, 14 July, 2026Price band set at Rs 545 – Rs 574 per Equity Share

Mumbai, July 9, 2026: SBI Funds Management Ltd has fixed the price band of ₹ 545 to ₹ 574 per Equity Share of face value ₹1/- each for its maiden initial public offer. 

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Tuesday, 14 July, 2026, for subscription and close on Thursday, 16 July, 2026. Investors can bid for a minimum of 26 Equity Shares and in multiples of 26 Equity Shares thereafter.

The IPO is an offer-for-sale for up to 203,709,239 Equity shares of face value of ₹1 each.

The Anchor Investor Bid/ Offer Opens and Closes on Monday, July 13, 2026.

Notes for Reference: 

Issue Size of the IPO based on the upper and lower end of the price band

OFS (up to 203,709,239 equity shares)

Total Issue Size

Lower Band (@ Rs 545) 

Rs 11,102 crore

Rs 11,102 crore

Upper Band (@ Rs 574)

Rs 11,692 crore

Rs 11,692 crore

Originally incorporated in 1992, the company is the largest asset management company (“AMC”) in India by quarterly average mutual fund assets under management (“QAAUM”), with QAAUM of ₹12,509.98 billion and a mutual fund market share of 15.3% as of March 31, 2026, a position that it has consistently held since March 2021 (Source: CRISIL Report, paragraph 1, page 209). Including its Portfolio Management Services (“PMS”) and other advisory mandates (collectively with PMS, “Alternates”), its total QAAUM was ₹29,461.05 billion as at March 31, 2026. The company is India’s oldest AMC, acting as the investment manager to SBI Mutual Fund, which commenced operations in June 1987 as the first mutual fund entity outside the Unit Trust of India (Source: CRISIL Report, paragraph 1, page 216). 

The company is also India’s largest passive (exchange traded fund (“ETF”) and index funds) asset manager with passive (ETF and index funds) QAAUM of ₹4,055.26 billion representing a market share of 27.9% as at March 31, 2026, a leadership position it has held since March 2021 (Source: CRISIL Report, paragraph 1, page 210).

Its total QAAUM has grown at a compound annual growth rate (“CAGR”) of 14.22% between March 31, 2024, and March 31, 2026, while its mutual fund QAAUM has grown at a CAGR of 16.97% during the same period. 

The company’s equity, equity-oriented and equity-hybrids (excluding arbitrage and including overseas fund of funds) QAAUM grew at a CAGR of 21.79% during the same period.

The company received SEBI’s approval to act as the asset management to SBI Mutual Fund in 1993. In 2004, the company became a joint venture when Société Générale Asset Management S.A. acquired a 37% stake in the company. Following the merger in 2011 of Crédit Agricole’s and Société Générale’s asset management businesses, Amundi India Holding, a wholly owned subsidiary of Amundi Asset Management, acquired the shareholding previously held by Société Générale Asset Management S.A., and continued operating as a joint venture.

The promoters of the company are State Bank of India (“SBI”), Amundi India Holding and Amundi Asset Management. 

Kotak Mahindra Capital Company Limited, Axis Capital Limited, BofA Securities India Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, Jefferies India Private Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited, and SBI Capital Markets Limited are the book-running lead managers, and KFin Technologies Limited is the registrar of the Offer.

The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not less than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively. In addition, the Offer also includes reservations for eligible SBI shareholders and eligible SBIFM employees and SBI employees. Eligible SBIFM employees and SBI employees bidding in the Employee Reservation Portion are being offered a discount of ₹54 per Equity Share.

*NMIMS Begins Academic Year 2026–28 with Focus on Technology, Innovation and Industry-Integrated Learning*

     

*Navi Mumbai, June 23, 2026:* SVKM’s Narsee Monjee Institute of Management Studies (NMIMS), School of Business Management (SBM), welcomed the MBA Batch of 2026–28 at its Navi Mumbai campus through an orientation program that marked the beginning of their management education journey. The program brought together students enrolled in the MBA introducing them to SBM’s academic ecosystem, industry-oriented learning approach, leadership development framework, and future-focused curriculum.

Designed to facilitate a seamless transition into the rigors of management education, the Foundation Programme offers students a comprehensive overview of academic expectations, experiential learning opportunities, industry engagement initiatives, student support systems, and the values that define the SBM experience. The program aims to equip students with the mindset, skills, and perspectives required to thrive in an increasingly dynamic, technology-driven business environment.

Addressing the incoming cohort as Chief Guest, *Mr. Santosh Shankardasan, EVP, SBI Caps*, shared insights from his professional journey spanning over two decades across leading organisations and global markets. Reflecting on the qualities that define successful leaders today, he encouraged students to embrace curiosity, adaptability, and empathy while navigating the evolving business landscape.

Welcoming the new batch, *Dr. Arun Sharma, Director, NMIMS Navi Mumbai*, stressed that our focus extends beyond preparing students for their first job. Our institute aims to develop individuals who can learn continuously, navigate uncertainty, work across disciplines, and create value in a rapidly changing world. He highlighted that the future will belong to those who combine knowledge with judgment, initiative, and purpose.

Reinforcing this vision, the SBM leadership emphasized the importance of learning beyond the classroom and developing the resilience, adaptability, ethical grounding, and technological fluency required to succeed in an increasingly interconnected and AI-driven business environment. They highlighted the school's continued focus on combining academic rigor with industry relevance, innovation, research, and global perspectives to prepare students for emerging business challenges and opportunities.

The event was graced by distinguished academic leaders from the School of Business Management, including *Dr. Nitin Balwani, Associate Dean and Professor (Finance), School of Business Management, NMIMS Navi Mumbai.* Through their leadership and academic contributions, they continue to advance excellence in education, foster innovation, and strengthen SBM’s commitment to impactful research and strategic growth.

The inauguration program also provided students with an opportunity to interact with academic leaders, faculty members, alumni, and peers, helping them gain a deeper understanding of the learning opportunities, support systems, and collaborative culture that define the SBM experience.

As one of India’s leading business schools, SBM NMIMS remains committed to nurturing responsible, innovative, and future-ready leaders through a blend of academic excellence, industry engagement, experiential learning, and global exposure. The Foundation Programme sets the tone for this transformative journey, encouraging students to build the knowledge, skills, and values required to lead with confidence, purpose, and impact in an increasingly complex business environment.

GUJARAT INJECT (KERALA) LIMITED ANNOUNCES REVISED RECORD DATE FOR 10:1 STOCK SPLIT AMID EXPLOSIVE MARCH FINANCIAL GROWTH AND MASSIVE SOLAR ORDER WINS

July 7th, 2026 – Gujarat Inject (Kerala) Limited (BSE: 524238) has officially announced a revision to the Record Date for its upcoming sub-division/split of equity shares. As per the official intimation submitted to BSE Limited by the Company Secretary & Compliance Officer, the revised Record Date is now set for Wednesday, July 8, 2026, superseding the previously scheduled date of July 2, 2026. 

This highly anticipated corporate action is strategically timed alongside the company's explosive financial growth and a major operational transition into India's booming renewable energy sector. 

Strategic Focus: The 10:1 Stock Split Mechanics 

A stock split divides existing corporate shares into multiple units without altering the core market capitalization, introducing structural advantages that directly benefit everyday retail investors: 

· The Split Ratio: 10:1 (Ten equity shares will be issued for every one existing share held). 

· Face Value Reduction: The face value per equity share will be adjusted from ₹10 to ₹1. 

· Greater Affordability: By proportionally scaling down the absolute market price per share, the split lowers the financial barrier to entry, allowing smaller retail buyers to purchase whole shares. 

· Enhanced Market Liquidity: An increased volume of outstanding shares moving through the capital market paves the way for higher trading volumes, tighter bid-ask spreads, and the ability to exit or enter positions with minimal price slippage. 

· Entitlement Eligibility: Shareholders whose names appear in the company’s records or depositories as beneficial owners by the close of business hours on the revised date of Wednesday, July 8, 2026, will be entitled to receive the sub-divided shares.

Blockbuster Financial Highlights (As of March 2026) 

This structural share split is heavily backed by robust, underlying fundamentals. According to the company's recently disclosed financial results for the fiscal period ended March 2026, Gujarat Inject (Kerala) Limited has delivered stellar year-on-year (YoY) numbers: 

Financial 

Metric

Quarter Ended March 2026

YoY Change (vs. 

March 2025 

Quarter)

Full Year 

Ended March 

2026

YoY Change (vs. Full Year 2025)

Net Sales / 

Revenue

₹30.70 Crore 

⬆ 624.06% (from 

₹4.24 Cr)

₹36.32 Crore 

⬆ 90.66% 

(from ₹19.05 

Cr)

Net Profit 

(PAT)

₹1.64 Crore 

⬆ 2,242.86% (from ₹0.07 Cr)

₹1.81 Crore 

⬆ 77.45% 

(from ₹1.02 Cr)

The company also continues to show expanding profit margins, improved return on equity (ROE), zero debt liabilities, and completely unpledged promoter holdings. 

Transforming the Pipeline: Recent Major Solar Order Wins Further fuelling investor value, the company has secured a chain of multi-million rupee commercial contracts, establishing its place within India's solar infrastructure supply chain. 

This comes during a proposed strategic corporate rebranding to Regenova Renewtech Limited to fully align its identity with clean energy solutions. 

Recent operational wins include: 

● · Deon Energy Limited Contract: A massive purchase order valued at ₹14.49 Crore (exclusive of GST) to supply and deliver 16,129 units of high-capacity (620 Wp) Solar Photovoltaic (PV) modules. 

● · Ottire Lifestyle Private Limited Contract: An additional supply contract valued at ₹1.07 Crore for 1,334 units of specialized 600 Wp solar PV modules. ● · Pipeline Scalability: A separate solar module order finalized in early June valued at ₹6.07 Crore, bringing recent order wins to over ₹21.6 Crore—a significant commercial portfolio relative to the company’s previous fiscal size. 

Management Commentary: 

"The upcoming 10:1 sub-division of our equity shares reflects our ongoing effort to enhance market inclusivity," said a GIKL Spokesperson. "Backed by an extraordinary 2,242% increase in our March quarterly net profit and over ₹21 Crore in recent solar order wins, we are executing a highly successful pivot into renewable energy. By establishing the revised Record Date as Wednesday, July 8, 2026, we look forward to welcoming a much broader public shareholder base into the Gujarat Inject family as we scale new heights." 

About Gujarat Inject (Kerala) Limited

Gujarat Inject (Kerala) Limited is a public limited company listed on BSE Limited (Scrip Code: 524238). Headquartered in Vadodara, Gujarat, the company is dedicated to driving consistent stakeholder value, rigid compliance, and best-in-class corporate governance as it scales its specialized manufacturing and logistics capabilities across India's clean energy ecosystem.

*Bharti Airtel has enhanced connectivity for the Amarnath Yatra by expanding its network.*

*Jammu/Srinagar, July 03, 2026:* Bharti Airtel today announced the expansion of its mobile network along the Amarnath Yatra pilgrimage, further strengthening connectivity for pilgrims, security personnel, and local authorities in the region. By deploying network sites at Chandanwari, Pissu Top, and Betaab Valley, Airtel has established network coverage along the crucial Pahalgam route, in addition to its existing presence at Baltal, thus providing uninterrupted connectivity leading up to the holy Amarnath cave shrine.

The deployment was carried out in close coordination with the relevant government authorities and local administration to strengthen communications infrastructure during the Yatra. The enhanced coverage will provide reliable voice and data connectivity, support emergency communication, and improve digital access for the millions of pilgrims. 

“At Airtel, we remain committed to connecting people, communities, and essential services, even in some of the most challenging terrains,” *said Vikram RS, COO – Jammu and Kashmir, Bharti Airtel.* “The expansion of our network across both the Pahalgam and Baltal routes for the Amarnath Yatra reflects our continued investment in Jammu & Kashmir and our commitment to ensuring that pilgrims, security personnel, and authorities remain reliably connected throughout this important annual pilgrimage.” 

Airtel’s ongoing expansion in such challenging environments reflects its dedication to bridging the connectivity gap and powering India’s digital transformation.