Impact Events

Rallis India Authorizes KMPs for Materiality Disclosures
Rallis India Ltd has disclosed the Key Managerial Personnel (KMPs) authorized to determine the materiality of events and information and make disclosures to the stock exchanges, as per Regulation 30(5) of SEBI Listing Regulations. This follows the recent cessation of Mr. Bhaskar Swaminathan as CFO and the appointment of Mr. Sridhar Radhakrishnan as the new CFO. The authorized KMPs are Dr. Gyanendra Shukla (Managing Director & CEO), Mr. Sridhar Radhakrishnan (Chief Financial Officer), and Ms. Sariga P Gokul (Company Secretary & Compliance Officer). Their contact details, including a common phone number (+91 22 6232 7400) and email addresses, are provided. This information will also be available on the company's website.

Markolines Bags ₹135.2 Cr BMC Work Orders for Highway Resurfacing
Markolines Pavement Technologies Limited has secured two significant work orders from Brihanmumbai Municipal Corporation (BMC) for microsurfacing and resurfacing works on the Eastern Express Highway and Western Express Highway in Mumbai. The aggregate value of these orders is ₹1,35,20,21,306/- (Rupees One Hundred Thirty-Five Crores Twenty Lakhs Twenty-One Thousand Three Hundred and Six Only), inclusive of applicable GST and contingencies. The first order, for the Eastern Express Highway, is valued at ₹63,23,19,650/- and is to be completed within six months. The second order, for the Western Express Highway, is valued at ₹71,97,01,656/- and also has a six-month completion period. These orders were awarded pursuant to the acceptance of Markolines' tender offers by BMC.

Rajesh Power Services Secures ₹1,628.74 Cr DGVCL Contracts
Rajesh Power Services Ltd has announced receiving significant turnkey contracts from Dakshin Gujarat Vij Company Limited (DGVCL) valued at ₹1,628.74 Crores (including taxes). These contracts involve the conversion of existing 11/22kV HT & LT Overhead Networks to Underground (UG) Cable Systems with SCADA-Compatible Equipments under the SI Scheme across various locations in DGVCL, Gujarat. The execution period for these contracts is 24 months. The company confirmed that the promoter/promoter group/group companies have no interest in DGVCL, and the contracts do not fall under related party transactions. This development is expected to bolster the company's order book and revenue streams.

Garuda Construction declares Q2 FY27 Unaudited Results
Garuda Construction and Engineering Ltd announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results in a meeting held on November 4, 2026. The limited review report from the statutory auditor was also received and approved. The meeting commenced at 9:15 AM and concluded at 9:35 AM.

Renaissance Global Opens Jean Dousset Store in Boston
Renaissance Global Limited has opened a new Jean Dousset boutique on Newbury Street in Boston, marking an expansion of its direct-to-consumer (D2C) presence in the US. This opening brings the total operational boutiques to four, with plans to launch four more within the next six months, targeting a total of eight boutiques by the end of FY27. The company sees this expansion as a strategic move to strengthen its D2C channel, particularly for its luxury lab-grown diamond brand, Jean Dousset, and to capitalize on high-growth, high-margin opportunities.

Garuda Construction Q2 FY27: consolidated PAT +50% YoY to ₹40.6 Cr on margin expansion
Garuda Construction and Engineering's consolidated PAT (attributable to owners) rose 49.7% YoY to ₹40.61 Cr on revenue of ₹171.59 Cr, up 47.3% YoY from ₹116.49 Cr in Q2 FY26 — a continuation of the company's FY27 growth run after Q1 FY27's ₹41.53 Cr PAT on ₹175.38 Cr revenue. Sequentially the quarter is flat-to-down: revenue eased 2.2% QoQ and PAT fell 2.2% QoQ, meaning growth plateaued after a stronger first quarter rather than compounding further; basic EPS was ₹4.37, versus ₹2.92 a year ago and ₹4.47 last quarter. Standalone and consolidated numbers are nearly identical (PAT ₹40.62 Cr standalone vs ₹40.61 Cr consolidated), so the group's three subsidiaries — PKH Projects LLP, PKH Ayodhya Private Limited and UP World Trade Centre Private Limited — remain financially immaterial for now; the auditor's limited-review note puts their combined half-year revenue at just ₹7.25 Cr and net profit at ₹0.04 Cr. The YoY margin picture improved: net profit margin rose to 23.7% from 22.9% a year ago, and EBITDA-level margin (PBT plus finance cost and depreciation, over revenue) was around 32.1% versus roughly 29.6% in Q2 FY26 — both essentially flat sequentially against Q1 FY27's 23.65% NPM and 32.0% OPM. Notably, other income fell to ₹1.02 Cr from ₹1.94 Cr YoY, so the growth was revenue-led rather than boosted by one-off income. Cost of materials plus construction expenses together came to ₹111.43 Cr, 93.9% of total costs — the usual dominant line for a contractor — while finance costs jumped to ₹0.93 Cr from a near-nil ₹0.005 Cr a year ago as short-term borrowings rose to ₹52.64 Cr (standalone) from ₹12.02 Cr at FY26-end to fund working capital, though the absolute rupee impact on PBT stays small. There is no formal sell-side consensus or published management guidance for Garuda to benchmark this print against — the company carries no analyst-estimate coverage on record and gave no quarter-ahead outlook on a prior call, and no fresh management press release accompanied this filing to cross-check tone against the numbers — so both vs-street and vs-guidance read as unknown here rather than inferred. Corporate activity this quarter included a ₹0.03/share interim dividend declared October 15, 2026, and a subsidiary MoU signed September 7, 2026 for the Jeddah Tower project in Saudi Arabia — an early-stage international foray that has not yet shown up in the P&L given the subsidiaries' negligible current contribution. AGM voting results were announced October 1, 2026, with nothing of financial consequence flagged.

SC Agrotech Launches AgriBridge Digital Agriculture Platform
SC Agrotech Limited has launched its AgriBridge Digital Agriculture platform for public use, effective November 4, 2026. The platform, accessible at https://agribridge.app/, is designed as a technology-led agriculture marketplace and workflow solution to connect farmers, agricultural suppliers, and institutional buyers. The company will monitor usage, sourcing, order conversion, and settlement data as it becomes available. An investor annexure includes previously disclosed Q2/H1 FY27 financial performance and illustrative capital scenarios for AgriBridge, which are not Board-approved investments or profit forecasts. The company's existing business reported Q2 FY27 revenue of ₹10.21 Cr and PAT of ₹5.02 Cr, with H1 FY27 revenue at ₹19.21 Cr and PAT at ₹9.77 Cr.

Shinhan Finance Selects Nucleus Software's FinnOne Neo® 9.0
Nucleus Software Exports Ltd announced that Shinhan Finance, a part of Shinhan Card and Shinhan Financial Group, has selected its FinnOne Neo® 9.0 lending platform to modernize its consumer finance operations and support growth in Vietnam. The implementation will include Customer Acquisition System, Loan Management System, and Collections modules, covering personal finance, vehicle finance, consumer loans, credit cards, and bundled propositions. This partnership leverages Nucleus Software's extensive experience in Vietnam, its largest market in Southeast Asia, and its recent establishment of a wholly-owned local entity. The platform is expected to enhance automation, enable faster product launches, and provide a unified, scalable solution for Shinhan Finance's lending lifecycle.

One Point One Solutions Q2 FY27 Revenue Up 147% to ₹174.96 Cr
One Point One Solutions Limited announced its Q2 FY27 financial results, reporting a significant 147% year-on-year increase in revenue from operations to ₹174.96 crore. EBITDA grew by 109% to ₹45.32 crore, with an EBITDA margin of 25.9%. Profit After Tax (PAT) surged by 87% to ₹18.41 crore. For the half-year ended September 30, 2026 (H1 FY27), revenue stood at ₹333.28 crore (up 138% YoY) and PAT was ₹34.72 crore (up 80% YoY). The company highlighted organic growth, EBITDA-accretive renewals, a strong pipeline, and increased AI penetration as key drivers. Notable contract wins include a USD 10.8 million deal in Costa Rica and a ₹39.32 crore mandate from a power utility.

Highway Infra Wins ₹198.31 Cr CPWD Contract; Order Book Hits ₹1,776.19 Cr
Highway Infrastructure Limited (HIL) has secured its largest-ever civil construction contract worth ₹198.31 Crore from the Central Public Works Department (CPWD). The contract is for the Planning, Designing, and Construction of Residential and Non-Residential Infrastructure for the CISF 12th Reserve Battalion in Sehore, MP, to be executed on an EPC Mode-I basis over two years. This significant win boosts HIL's total order book to ₹1,776.19 Crore as of October 31, 2026. The company, an integrated infrastructure player with capabilities in Tolling, EPC, and Real Estate, views this as a milestone that strengthens its experience in executing critical government infrastructure projects and supports its long-term growth strategy.

BHEL Secures ₹20,000-₹28,000 Cr Orders from Adani Power
Bharat Heavy Electricals Limited (BHEL) has announced the receipt of significant orders from Adani Power Limited for the supply of equipment and agreed services for four projects, each of 2x800 MW capacity. The contracts are for Boiler, Turbine, and Generator along with auxiliaries. Each of the four contracts is valued between ₹5,000 to ₹7,000 Crore, excluding GST, bringing the total potential value to approximately ₹20,000 to ₹28,000 Crore. The execution timeline is as per the customer's project requirements. This marks a substantial business win for BHEL from a domestic entity.

HCL Technologies to Participate in Investor Conferences
HCL Technologies Ltd announced its participation in upcoming investor conferences, including the JM Financial Annual India Conference, the 29th CITIC CLSA India Forum, and Morgan Stanley's Twenty-Fifth Annual Asia Pacific Summit. These events will take place between November 16-19, 2026, in Mumbai and Singapore. The company expects its executives to engage in one-on-one meetings with investors during these conferences. HCL Technologies has assured that no unpublished price-sensitive information will be shared.

Equitas SFB Appoints Balaji Nuthalapadi as Interim CEO
Equitas Small Finance Bank Limited announced the appointment of Mr. Balaji Nuthalapadi as Interim Chief Executive Officer (CEO), subject to Reserve Bank of India (RBI) approval. Mr. Nuthalapadi, currently a Whole-Time Director, has been instrumental in enhancing digital capabilities and operational efficiency. The appointment follows the resignation of Mr. P. N. Vasudevan. The bank's board has initiated the process to identify a successor to Mr. Vasudevan and assured stakeholders of a smooth transition. Equitas Small Finance Bank remains committed to its strategic priorities and delivering inclusive banking services.

Jindal Poly Films: High Court Disposes Section 9 Petition, Singapore Court Grants Injunction
Jindal Poly Films Ltd (JPFL) has provided an update on ongoing legal proceedings. The Hon'ble High Court of Delhi disposed of a Section 9 Petition filed by an investor against JPFL Films and Jindal Poly Films, directing parties to pursue available remedies. Separately, the investor has obtained an interim anti-suit injunction from the High Court of the Republic of Singapore concerning a petition filed by Jindal Poly Films. The company and its subsidiary have undertaken to preserve relevant documents.

Revolt Motors Secures 1,100 Electric Bike Order from Bihar Police
Revolt Motors, a subsidiary of Rattanindia Enterprises, has secured a significant order to supply 1,100 BlazeX electric bikes to the Bihar Police for patrolling operations. This marks a major step in the company's institutional business, extending its reach beyond individual consumers to public sector mobility. The order highlights the practicality of electric motorcycles for law enforcement, citing features like a 150 km range, flexible charging options (including a removable battery and standard 10A socket charging), under-seat storage for the charger, and GPS functionality. The BlazeX also offers substantial savings in running and maintenance costs compared to petrol equivalents. This large-scale order is expected to act as a catalyst for other government agencies and institutions to electrify their two-wheeler fleets. Deliveries are scheduled to commence by November 2026, with a contractual completion timeline of January 2027.








