Remi Edelstahl Tubulars Ltd — Important, 02-08-2026: Company Update
Here are the summaries for each announcement:
**Remi Edelstahl Tubulars Limited:**
Remi Edelstahl Tubulars has announced its standalone financial results for the quarter ended 30th June 2026. The company reported a total income from operations of ₹35.37 Cr. Net profit after tax for the period stood at ₹0.45 Cr, with Basic Earnings Per Share at ₹0.36. This update provides key performance indicators for investors.
**Sejal Glass Limited:**
Sejal Glass has announced its consolidated financial results for the quarter ended 30th June 2026. Total income from operations reached ₹119.44 Cr, generating a net profit after tax of ₹7.22 Cr. Basic earnings per share was ₹6.27. These results reflect the impact of the Glasstech business acquisition in April 2025 and an accounting policy change by an associate, which affected prior year comparability.
**Canara Bank:**
Canara Bank has announced an e-auction for various mortgaged immovable properties. The bank has taken possession of these assets to recover outstanding debts from several borrowers. The auction will be conducted on an "as is where is" and "as is what is" basis. Reserve prices for individual properties range from approximately ₹0.13 Cr to ₹0.79 Cr, against multiple outstanding debts. This initiative is part of the bank's ongoing debt recovery efforts.
**Mukesh Babu Financial Services Ltd:**
Mukesh Babu Financial Services has announced its standalone and consolidated financial results for the quarter ended 30th June 2026. The company reported a consolidated total income from operations of ₹3.99 Cr, with a net profit after tax of ₹1.21 Cr. Consolidated Basic EPS stood at ₹1.73. The financial reporting follows Ind AS adoption from April 2019, influencing prior period comparisons for investors.
**State Bank of India:**
State Bank of India has announced an e-auction for a specific immovable property, Flat No. 102 in Mumbai. The bank has taken possession of this asset to recover outstanding dues from the borrowers. The property will be sold on an "as is where is" and "as is what is" basis. The reserve price for the flat is ₹5.54 Cr, against an outstanding amount of approximately ₹4.43 Cr. This auction is a part of the bank’s debt recovery process.
