PHANTOMFX: Acquires UK-based VFX studio “Milk” for USD 1.63 mn
Acquires 100% stake in Milk Visual Effects Ltd, UK for USD 1.63 mn. Strengthens global presence in Europe and North America VFX markets. Enhances capabilities in film, TV post-production, and high-end VFX. Supports long-term expansion strategy with wider international footprint.
AIRFLOA RAIL TECH: Wins ₹8.54 cr order from Modern Coach Factory
New domestic order worth ₹8.54 cr from Modern Coach Factory, Uttar Pradesh. Scope includes supply of roof and luggage rack modules for LHB coaches. Execution timeline 5–7 months, offering near-term revenue visibility. Strengthens presence in Indian Railways ecosystem.
AIRFLOA RAIL TECH: Secures ₹3.99 cr order from Integral Coach Factory
Received two domestic rail orders from ICF Chennai worth ₹3.99 cr. Scope includes supply and installation work for Kolkata Metro coach and ICF coach components. Execution timelines 2–3 months and 17 months. Strengthens order book and railway sector visibility.
RAMDEVBABA SOLVENT: Subsidiary wins ₹9.64 cr ethanol supply order
RBS Renewables Pvt Ltd receives allocation to supply 24,063 KL ethanol for ESY 2025-26. First tranche awarded 1,386 KL worth ₹9.64 cr. Order from Oil Marketing Companies (OMCs) – strong and reliable customers. Supports commercial ramp-up after successful trial run.
JK CEMENT: Commissions 1 MnTPA grinding capacity at Prayagraj plant
New 1 MnTPA unit commissioned at JK Cement Works, Prayagraj, Uttar Pradesh. Plant capacity rises from 2.0 to 3.0 MnTPA. Total company grey cement capacity now at 26.26 MnTPA. Project part of earlier approved 6 MnTPA expansion plan.
HOMESFY: Announces ₹2.09 cr buyback at ₹310 per share – 16% premium to CMP
Buyback involves 64,800 shares, about 2.01% of total equity. Total outlay ₹2.09 cr. Promoters not participating. Subject to shareholder approval via postal ballot; record date to be announced later.
SPECTRUM FOODS: Makes Siyana Resorts a wholly-owned subsidiary
Company acquired remaining 20% equity of Siyana Resorts Pvt Ltd, making it a 100% subsidiary. Consideration fully paid to minority shareholders. Samskara Resort & Spa, Pushkar to be transferred to this subsidiary. Move aims to streamline structure and align hospitality operations.
SUBROS: Secures ₹27 cr order from Indian Railways for locomotive AC equipment
Order from Banaras Locomotive Works, Varanasi. Scope includes supply of cabin AC equipment for diesel electric locomotives. Order value ₹27 cr including GST. Execution scheduled in phases by 16th October 2026.
GPT INFRAPROJECTS: Wins ₹195 cr international conveyor system order in Ivory Coast
Order awarded by Terminal Industrial Polyvalent, San Pedro. Scope covers design, supply, installation, testing, and commissioning of a conveyor belt system. Contract value ₹195 cr (≈€18.9 mn). Execution timeline set at 12 months.
KOTAK BANK Q2
CEO says NIM expected to stabilise over next few quarters, assuming no further rate cuts. Credit costs have come down to 79 bps in line with expectations. Personal loan credit costs reduced; credit card and microfinance books to normalise. Corporate India showing signs of activity.
KOTAK BANK: RBI approves reappointment of Part-Time Chairman
RBI approves Mr. C S Rajan as Part-Time Chairman for term 1st Jan 2026 – 21st Oct 2027.
KOTAK BANK Q2: CEO on IDBI stake buy
Says “We look at every single opportunity that comes along; should not comment on any items that could or could not be in process – bit premature to talk about any deals we could be looking at.”
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