Alok Bansidhar Shriram increased his stake in DCM Shriram International to 33.67% after receiving an additional 30.92% through an off-market transfer. The transaction was completed on August 1, 2026 and was described as an internal, nil-consideration restructuring within the promoter family. The promoter group’s combined holding remained unchanged at 50.11%, with no new investment, business change or control shift involved.

Several India-listed companies posted stronger-than-expected quarterly results, led by Great Eastern Shipping, where profit nearly doubled and the stock rose 3.5%. Restaurant Brands Asia climbed 6.2% after reporting strong same-store sales. IREDA reported net profit up 36.8% year on year to ₹3.38 billion, while GPT Healthcare posted a 65.7% increase in net profit. The results point to improving earnings momentum and acted as positive catalysts for the respective stocks.

VST Tillers Tractors Ltd reported consolidated net profit of ₹1.70 crore for the December 2024 quarter (Q3FY25), down 90% year on year. Revenue rose 29% to ₹219.10 crore over the same period. The company cited higher costs and pressure on earnings quality, with basic EPS also falling 90%. The results point to a deterioration in core profitability and a negative fundamental development for VSTUS.

P N Gadgil Jewellers has completed a Qualified Institutions Placement (QIP) at an issue price of ₹609 per share, a 4.95% discount to the floor price of ₹640.69. The company allotted 11,494,252 shares under the placement. The fundraise was approved by the board in July 2025 and cleared by shareholders via a special resolution in August 2025, with pricing and allotment completed on July 30, 2026. The company said the QIP is a routine equity fundraise and does not involve any major operational change or regulatory event.

Rubicon Research said it will hold its 27th Annual General Meeting on Aug. 26, 2026, seeking shareholder approval for a final dividend of ₹1.50 per equity share and the fast-track merger of its wholly owned unit KIA Health Tech Private Limited. The proposed payout is up from ₹0.02 per share a year earlier, with a total dividend estimated at about ₹25 crore, or 13.29% of standalone profit after tax. The company also plans to put the merger and other governance items to a vote at the meeting.

Central Bank of India shareholders approved a plan to raise up to ₹7,000 crore in equity capital with 99.26% support, allowing the bank to use a QIP, FPO or rights issue. Investors also confirmed four interim dividends totaling ₹1.20 (12%) per equity share for FY2526, with 99.68% backing. The lender is a state-owned commercial bank, and the capital raise is aimed at strengthening its capital base and supporting business expansion.

Persistent Systems (SUS) shareholders have formally approved the company’s acquisition of Germany-based IT services firm Nagarro SE. The company also reported Q1FY27 results showing consolidated net profit of ₹4,830.4 million and revenue of ₹43,032.3 million (US$452.4 million). EBIT rose 32.7% year on year to ₹6,868.8 million, outpacing revenue growth of 29.1%, while basic EPS increased 13.7% to ₹30.88.

The Indian government said it will sell up to 6.50% of Life Insurance Corporation of India through an offer for sale, comprising a 2.50% base tranche and a 4.00% oversubscription option, alongside a 0.04% employee portion. The base offer covers about 3.16 billion shares and the oversubscription option about 5.06 billion shares. The sale is being carried out by the Department of Financial Services under the Ministry of Finance and will dilute the state’s promoter holding in LIC. The transaction increases secondary-market supply and changes the shareholder mix.

GHCL Limited said it has uploaded the audio recording of its investors’ conference call held on August 3, 2026, to its official website. The company discussed its Q1FY27 results, reporting net profit up 32% year-on-year to ₹191.18 crore, lifted by a ₹53.62 crore exceptional gain tied to a settlement involving illegally sold shares held by its ESOS Trust. Revenue from operations fell 2.7% to ₹774.26 crore amid global soda ash price volatility and shipping disruptions, while EBITDA rose 4% to ₹233 crore as operating efficiency improved. GHCL is advancing capital expenditure of about ₹330 crore, including its Bromine project, as it targets higher-margin business lines.