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- Important
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Venus Remedies Limited has announced a board meeting to consider the financial results for the quarter and half-year. Separately, SBFC Finance Limited and Edelweiss Asset Reconstruction Company Limited have issued public notices regarding defaults and possession of secured assets due to non-payment by borrowers, highlighting ongoing recovery actions. Tata Elxsi reported a 21.5% decline in integrated net profit for the first half of the fiscal year, impacted by supply chain and industry challenges. Vedanta outlined a ‘3D’ strategy focusing on business division, diversification, and debt reduction to double its size and enhance shareholder value, despite facing allegations from a US short-seller which the company has strongly refuted.