Impact Events

NLC India Ltd: Record Date for 15% Interim Dividend Set for Nov 12
NLC India Ltd announced that its Board of Directors, in a meeting held on November 4, 2026, approved the standalone and consolidated un-audited financial results for the quarter and half-year ended September 30, 2026. The Board also declared an interim dividend of 15% (₹1.5 per equity share) for FY 2026-27 and fixed November 12, 2026, as the record date for this dividend. Additionally, the company plans to raise up to ₹2,500 Crore through the issuance of bonds/debentures via private placement. Further, NLC India will set up an additional 660 MW unit at Ghatampur Thermal Power Station and is proceeding with an Offer for Sale (OFS) of up to 10 crore equity shares in its subsidiary, NLC India Renewables Limited (NIRL), as part of NIRL's proposed IPO.

NLC India Declares 15% Interim Dividend for FY27
NLC India Ltd's Board of Directors has approved an interim dividend of 15% (₹1.5 per equity share) for the Financial Year 2026-27. The record date for this dividend has been fixed as November 12, 2026. The company also approved the Un-Audited Financial Results for the quarter and half-year ended September 30, 2026. Additionally, the board greenlit fundraising of up to ₹2,500 Crore through bonds, the expansion of a 660 MW unit at Ghatampur Thermal Power Station, and an Offer for Sale (OFS) of up to 10 Crore equity shares in its subsidiary NLC India Renewables Limited (NIRL) as part of NIRL's IPO.

IIFL Capital Services Allots ₹20,000 Cr Equity to FIH Mauritius
IIFL Capital Services Limited has approved the allotment of 5,71,42,857 equity shares of face value INR 2/- each at an issue price of INR 350/- per share to FIH Mauritius Investments Ltd. This preferential issue, aggregating to INR 19,999,999,950 (INR 19,999.99 Crores), was approved by the Preferential Issue Committee on November 4, 2026. The allotment follows earlier board approval on May 7, 2026, and receipt of all necessary regulatory approvals. This transaction increases the company's issued, subscribed, and paid-up equity share capital from 31,55,32,512 to 37,26,75,369 equity shares. The newly allotted shares will be listed on BSE and NSE.

Allcargo Terminals: No Deviation in Fund Utilization for Q3 FY27
Allcargo Terminals Limited has filed a Statement of Deviation for the quarter ended September 30, 2026, concerning funds raised through a preferential issue of convertible warrants and a rights issue. The company reported no deviation or variation in the utilization of funds for both modes of fundraising. For the preferential issue of convertible warrants, ₹38.28 Crores were raised on September 5, 2025. For the rights issue, ₹19.89 Crores were raised on December 11, 2025. The funds were earmarked for expansion of container storage and handling capacity, and general corporate purposes. No funds were utilized during the reported quarter, with prior utilization occurring in FY26. The company has parked funds from the rights issue in Fixed Deposits.

HUDCO Fixes Nov 11 Record Date for 2nd Interim Dividend
Housing & Urban Development Corporation Ltd (HUDCO) announced that its Board of Directors, in a meeting held on November 4, 2026, approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The Board also declared a second interim dividend of ₹1.35 per equity share (13.50%) for FY 2026-27. The record date for determining eligibility for this dividend has been fixed as Wednesday, November 11, 2026. The dividend payment process is expected to be completed within 30 days of declaration.

Nidhi Granites Board Meeting on Nov 13 to Consider Q2 FY27 Results
Nidhi Granites Ltd has announced that its Board of Directors will convene on November 13, 2026. The primary agenda item is to consider and approve the Un-Audited Financial Results for the quarter and half-year ended September 30, 2026. Additionally, the company confirmed the closure of the trading window for designated persons from October 1, 2026, until 48 hours after the results announcement, in compliance with SEBI (Prohibition of Insider Trading) Regulations.

Shalimar Wires Board Meeting on Nov 13 to Approve Q2 FY27 Results
Shalimar Wires Industries Ltd has announced that its Board of Directors will convene on November 13, 2026, via audio-visual means. The primary agenda item is to consider and approve the unaudited financial results for the quarter ended September 30, 2026. Concurrently, the company has informed that the trading window for designated employees and their immediate relatives, which commenced on October 1, 2026, will remain closed until 48 hours after the declaration of these financial results, in compliance with insider trading regulations.

Manika Plastech Ltd: Unaudited Q2 FY27 Results Approved
Manika Plastech Ltd announced that its Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company also confirmed no deviation in the utilization of IPO proceeds. The board meeting, held on November 4, 2026, commenced at 1:34 PM and concluded at 1:50 PM. The financial results and a limited review report from the statutory auditors were presented and approved. Additionally, the company confirmed that there has been no deviation or variation in the utilization of proceeds raised through its Initial Public Issue (IPO) from the objects stated in the Prospectus, as reviewed by the Audit Committee and Board.

Carysil Ltd Board Approves Unaudited Financial Results
Carysil Limited's Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board also noted the resignation of Mr. Anand H. Sharma, Executive Director and Group Chief Financial Officer, effective November 16, 2026, due to personal reasons requiring relocation. The trading window for designated persons will reopen on November 7, 2026.

IMFA Q2 FY27: Consolidated PAT up 51% YoY to ₹148 Cr; margins cool off record Q1
IMFA's consolidated PAT rose 51.5% YoY to ₹147.76 Cr (from ₹97.56 Cr) on revenue of ₹968.17 Cr, up 34.7% YoY, with consolidated basic EPS at ₹27.37 against ₹18.07 a year ago. Sequentially, profit eased 23.3% from Q1 FY27's record ₹192.59 Cr even as revenue was roughly flat, +0.8% QoQ — a softer-but-expected quarter rather than a fresh setback, since YoY profit growth (51.5%) still outpaced YoY revenue growth (34.7%). No reliable street estimate for this specific print could be sourced, so the result cannot be benchmarked against consensus. Margins expanded YoY — net margin at 15.3% versus 13.3% a year ago, and EBITDA margin (PBT + finance costs + depreciation, less other income, over revenue) at 24.3% versus 19.2% — but both cooled from Q1 FY27's 19.8% NPM and 29.3% OPM. That sequential pullback lines up with what management told the Q1 call: Q2 prices were expected near Q1 levels with a "slight correction," and volumes would be "marginal" due to ferrochrome inventory build. The near-flat QoQ revenue confirms the volume call, and the margin give-back is consistent with the flagged price correction — the quarter reads as management meeting its own (deliberately unquantified) steer rather than missing it. Segment data shows the core ferro alloys business generated ₹220.49 Cr of segment EBIT on ₹967.65 Cr revenue (22.8% margin), down from 27.1% in Q1 but up from 20.4% a year ago, so the trend sits in the core business rather than power or mining. Separately, FY27 production guidance had already been cut from 400,000 to 380,000 tons on transformer loading constraints and gas-cleaning-plant work — a capacity-side drag that predates this quarter and was reaffirmed, not worsened, by these numbers. Alongside results, the board declared an interim dividend of ₹5/share (record date 12 November 2026) and approved a ₹25 Cr investment in wholly-owned subsidiary Metallix Aviation — an unusual capital allocation outside the core ferro-alloys/power/mining businesses. The quarter also saw the first furnace tapping at the Kalinganagar expansion (25 August 2026), which, if it ramps as planned, could offset part of the trimmed FY27 production guidance in the second half of the year.

Gaja Alternative Asset Management: Monitoring Agency Report for Q3 2026
Gaja Alternative Asset Management 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, confirms that there has been no deviation from the objects for which the Initial Public Offer (IPO) proceeds were raised. The IPO, which aggregated to Rs. 550 crore (Rs. 450 crore fresh issue and Rs. 100 crore offer for sale), was conducted between August 19-21, 2026. The company's Audit Committee has reviewed and taken the report on record. The report is available on the company's website.

Indo Count Q2 FY27 Revenue Surges 57% to ₹1,699 Cr
Indo Count Industries Ltd reported its highest-ever Total Income for Q2 and H1 FY27, with Q2 revenue growing 57% YoY to ₹1,699 Crs and H1 revenue up 43% YoY to ₹2,923 Crs. EBITDA nearly doubled YoY in Q2 to ₹259 Crs and grew 73% in H1 to ₹420 Crs. New businesses contributed 30% to total income, reaching quarterly revenue of over ₹500 Crs. The company achieved its lowest-ever net debt of ₹518 Crs and reported strong return ratios with annualized ROCE of 21% and ROE of 15%. The company is on track to exceed its FY27 guidance for Total Income and EBITDA margin.

Wardwizard Board Meeting on Nov 7 to Approve Q2 FY27 Results
Wardwizard Innovations & Mobility Ltd has announced that its Board of Directors will convene on November 7, 2026, to consider and approve the Un-audited Standalone and Consolidated Financial Results for the Second Quarter and Half Year ended September 30, 2026. Concurrently, the company has informed that the trading window for its securities will remain closed from October 1, 2026, until 48 hours after the declaration of these financial results, extending until November 9, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations.

Thangamayil Q2 FY27: PAT flat at ₹59 Cr as margin slips 165bps despite 40% revenue growth
Standalone revenue for Q2 FY27 rose 40% YoY to ₹2,387.6 Cr (company-reported Total Sales ₹2,381 Cr), but net profit was flat YoY at ₹59.45 Cr (EPS ₹19.13 vs ₹18.82), with PBT up just 3%. Sequentially, revenue fell 11% and EPS dropped 30% from Q1 FY27's ₹27.38, in line with the cautious demand guidance management gave alongside Q1 results in July 2026, when it flagged that customers were deferring gold purchases amid the May 2026 duty hike (6% to 15%), rupee weakness and West Asia-war-driven bullion price volatility. A verified Street consensus specific to this quarter could not be located; no formal numeric guidance was on record beyond that qualitative caution, and the sharp deceleration from Q1's +71% revenue/+86% PAT growth bears it out — guidance was effectively met rather than beaten or missed. Gross profit margin compressed 165 bps YoY to 9.60% of retail sales and EBITDA margin fell 153 bps to 4.95%, even though reported gross profit of ₹221 Cr (+20% YoY) included ₹28.54 Cr of inventory revaluation gains on rising gold/silver prices — 12.9% of the quarter's gross profit. Strip that holding gain and the underlying retail-spread compression is sharper than the headline numbers suggest. The growth itself is almost entirely price-led, not volume-led: gold jewellery value sales rose 41% YoY while gold-ornament volumes fell 1% and silver volumes fell 28%; diamond volumes were the one bright spot, up 27%. Funding the inventory build pushed current borrowings to ₹1,366 Cr from ₹774 Cr at FY26-end, cutting interest cover to 5.14x from 6.52x YoY. The company's own highlights flag a sharp bullion correction after quarter-end — gold fell from $4,690/oz in late September to $3,909/oz, and silver from $71.15 to $49.50, by October 30 — a swing worth tracking into Q3 inventory valuation. H1 FY27 revenue of ₹5,043 Cr (+55% YoY) and EPS of ₹46.51 (+39%) were aided by same-store sales growth of 35.93% (vs 10.31% in H1 FY26) and four new Chennai stores opened in the half, with four more planned by March 2027 — expansion that supports topline even as per-store economics soften. Management reiterates that pent-up demand may return in the second half of FY26-27, conditional on duty, currency and geopolitical headwinds easing; that recovery has not yet shown up in this quarter's numbers.

HUDCO declares 2nd interim dividend of ₹1.35/share for FY27
Housing & Urban Development Corporation Ltd (HUDCO) announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors also approved the declaration of the second interim dividend for the Financial Year 2026-27 at ₹1.35 per equity share (13.50%) on a face value of ₹10. The record date for this dividend has been fixed as November 11, 2026. The company also submitted the Statement of Assets and Liabilities and the Limited Review Report from its statutory auditors.











