Archive: August 4, 2026

Canara HSBC Life Insurance simplifies claims process for families affected by the Assam floods

  • Simplified claim documentation to enable faster settlement for policyholders affected by the Assam floods
  • Expedited assessment and settlement of eligible claims
  • Dedicated District Claims Service Head to provide on-ground assistance
  • Multiple claim submission channels including email, customer app and helpline for seamless support

MUMBAI, India, Aug. 4, 2026 /PRNewswire/ — Canara HSBC Life Insurance extends its deepest condolences to the families impacted by the devastating floods in Assam. During this challenging time, the Company stands in solidarity with all those affected and remains committed to supporting our policyholders in every way possible. To provide timely financial relief, we have introduced a simplified and accelerated claims settlement process, helping ensure faster access to the assistance families need most.

Canara HSBC Life Insurance Logo

To ensure faster claim processing, the Company has relaxed certain documentation requirements and is prioritizing the assessment and settlement of eligible claims, enabling affected families to receive financial assistance at the earliest possible.

Claimants can submit the following documents to process their claims:

  • Death Certificate issued by Municipal Authorities; or list of deceased persons published by State/Central Government authorities; or any other acceptable proof of death, as applicable.
  • Claimant Statement / Claim Form.
  • Photo identity proof of the claimant along with proof of relationship to the Life Assured, wherever applicable.
  • Bank account details of the claimant, including a cancelled cheque, bank statement or NEFT mandate.

The claimants can also submit the above through any of the following channels:

In case of any requirement of personalised support, policyholders may reach out to the Company’s dedicated District Claims Service Head:

Mr. Pankaj Das

Mobile: +91 98592 84460

Email: pankaj.das@canarahsbclife.in

Canara HSBC Life Insurance remains committed to supporting affected policyholders and their families by ensuring compassionate assistance and prompt settlement of eligible claims during this challenging time.

About Canara HSBC Life Insurance

Incorporated in 2007, Canara HSBC Life Insurance Company Limited is a joint venture promoted by Canara Bank (36.5 per cent) and HSBC Insurance (Asia Pacific) Holdings Limited (25.5 per cent). As a bancassurance-led publicly listed insurance company with its corporate office at Gurugram, Haryana and 107 branch offices as of June 30, 2026, pan India, Canara HSBC Life brings together the trust and market knowledge of public and private banks.

For 18 years now, Canara HSBC Life Insurance has sold insurance products to customers through multiple channels and a well-diversified network of Canara Bank, HSBC Bank and its other bancassurance partners located in multiple Tier 1, 2 and 3 cities across the country. Canara HSBC Life Insurance has a vast portfolio of life insurance solutions and offers various products across individual and group spaces comprising of life, term plans, retirement solutions, credit life and employee benefit segments through partner banks and digital channels.

With an aim to provide simpler insurance and faster claim process, Canara HSBC Life Insurance intends to keep the promises of their customers alive with their ‘Promises Ka Partner’ philosophy.

 

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Canara HSBC Life Insurance simplifies claims process for families affected by the Assam floods

Jo Malone London Launches Sea Salt & Bergamot, the ‘scent of a new adventure’

LONDON, Aug. 4, 2026 /PRNewswire/ — Plunge into the exhilarating surf of the Celtic Sea. Immersed in the wild waters, every wave carries a fresh minerality. Joining a burst of bergamot, driftwood accord anchors this sea salt-fresh scent. Experience the untamed beauty of the British coast.

Introducing Sea Salt & Bergamot, the new fresh and woody cologne by Jo Malone London. In the same boat as Wood Sage & Sea Salt, it builds on the brand’s selection of sea salt-fresh scents inspired by the British coast. While Wood Sage & Sea Salt is set on the windswept shore, Sea Salt & Bergamot is immersed in the wild waters. Customers are invited to discover the stimulating new cologne and explore the edit in-store and online.

Perfumer: Mathilde Bijaoui

Top: Bergamot

Heart: Sea Salt

Base: Driftwood

Sea Salt & Bergamot Cologne will be available online at jomalone.co.uk and in Jo Malone London stores from August 2026. Follow Jo Malone London on TikTok, Instagram, Facebook, X, YouTube, LinkedIn and Pinterest: @JoMaloneLondon #JoMaloneLondon #ScentsOfBritain

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Jo Malone London Launches Sea Salt & Bergamot, the 'scent of a new adventure'

Piramal Pharma Solutions Expands Peptide API Facility with Advanced Spray Drying Suite

  • Piramal Pharma Solutions has added a new spray drying suite with Band 5 containment capacity at its dedicated peptide facility in Turbhe, India, equipped with its own air handling units, nitrogen supply, and control systems.
  • The new suite empowers Turbhe to support the formulation of challenging molecules, including peptides, HPAPIs, and other biomolecules.

MUMBAI, India, Aug. 4, 2026 /PRNewswire/ — Piramal Pharma Solutions (“PPS”), a leading global Contract Development and Manufacturing Organization (CDMO) and part of Piramal Pharma Ltd. (NSE: PPLPHARMA) (BSE: 543635), has launched a state-of-the-art spray drying suite at its dedicated peptide development and manufacturing facility in Turbhe, India. This strategic expansion enables PPS to address the complex formulation challenges associated with peptides and other complex molecules and support the growing demand for these innovative molecules.

Dr. Jordi Bacardit, Global Technical Lead on Peptides

Spray drying transforms liquid formulations into dry powders in a single step, enabling drug developers to enhance bioavailability, achieve precise particle size, and process sensitive compounds safely. This technique is especially critical for peptides, which are unstable at high temperatures and often require strict control over particle properties. Its gentle and efficient nature enables drug developers to improve solubility, streamline scale-up, and increase speed, all while preserving the molecular integrity of their peptide API.

The new spray drying suite operates as a closed-loop system, equipped with its own inert gas supply and advanced safety measures, including specialized HVAC, airlocked entries and exits, operator isolation, and a dedicated cleaning area. This enables the safe handling of potent compounds and organic solvents requiring up to Band 5 containment. To further strengthen these capabilities, the processing area maintains ISO Class 8 (Class 100,000) cleanliness standards, ensuring strict control of the environment throughout operations.

Engineered for small-volume, high potency batches, the unit supports a feed rate of up to 1 liter per hour. It can spray dry highly concentrated solutions — even those with up to 30% water content — making it particularly valuable for the formulation of biomolecules and large peptides. Under optimal conditions, the suite can also be leveraged for low-volume small-molecule formulations.

“Peptides present some of the most intricate formulation challenges in pharmaceutical development, owing to their inherent instability and sensitivity to processing conditions,” said Dr. Jordi Bacardit, Global Technical Lead on Peptides and Member of the Science Collective at PPS. “Spray drying addresses these distinct challenges by allowing tight control over key components like temperature and solvent environment. With the addition of the spray drying suite at Turbhe, we can help our partners bring stable, high-quality peptide formulations to patients in need worldwide.”

With peptides and other complex molecules playing an increasingly vital role in modern pharmaceuticals, this spray drying expansion further positions PPS as a trusted partner across a broad range of therapeutic areas.

About Piramal Pharma Solutions

Piramal Pharma Solutions (PPS) is a Contract Development and Manufacturing Organization (CDMO) offering end-to-end development and manufacturing solutions across the drug life cycle. We serve our customers through a globally integrated network of facilities in North America, Europe, and Asia. This enables us to offer a comprehensive range of services including drug discovery solutions, process and pharmaceutical development services, clinical trial supplies, commercial supply of APIs, and finished dosage forms. We also offer specialized services such as the development and manufacture of highly potent APIs, antibody-drug conjugations, sterile fill/finish, peptide products and services, and potent solid oral drug products. PPS also offers development and manufacturing services for biologics including vaccines and gene therapies, made possible through Piramal Pharma Limited’s associate company, Yapan Bio Private Limited.

For more information visit: Piramal Pharma Solutions | LinkedInFacebook | X

About Piramal Pharma Limited

Piramal Pharma Limited (PPL, NSE: PPLPHARMA I BSE: 543635), offers a portfolio of differentiated products and services through its 17* global development and manufacturing facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions (PPS), an integrated contract development and manufacturing organization; Piramal Critical Care (PCC), a complex hospital generics business; and the Piramal Consumer Healthcare business, selling over-the-counter consumer and wellness products. In addition, one of PPL’s associate companies, Abbvie Therapeutics India Private Limited, a joint venture between Abbvie and PPL, has emerged as one of the market leaders in the ophthalmology therapy area in the Indian pharma market. Further, PPL has a strategic minority investment in Yapan Bio Private Limited, that operates in the biologics / bio-therapeutics and vaccine segments.

For more information, visit: Piramal Pharma | LinkedIn

* Includes one facility via PPL’s minority investment in Yapan Bio.

PPS Turbhe Spray Dry Equipment

(PRNewsfoto/Piramal Pharma Solutions)

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Piramal Pharma Solutions Expands Peptide API Facility with Advanced Spray Drying Suite

Atul Projects receives Occupation Certificate for Trade Square, unveils ready-to-move commercial spaces

Aug 4: Atul Projects has declared that an Occupation Certificate has been awarded to its new commercial project, Trade Square, located in Saki Naka, Andheri East. This announcement is a huge milestone and has made the project ready for occupancy. With this milestone, the project offers thoughtfully designed unit plans ranging from 1,200 sq. ft. to 2,500 sq. ft., catering to diverse business and workspace requirements.

Atul Projects receives Occupation Certificate for Trade Square, unveils ready-to-move commercial spaces

The project is located 500 m away from Saki Naka Metro station and 3 km from the Chhatrapati Shivaji Maharaj International Airport. The location of the project is easily connected with the Andheri-Kurla Road and the Western Express Highway. Being in one of the oldest commercial hubs in Mumbai, it is surrounded by all the business areas like MIDC, SEEPZ, and Powai.

Occupiers are seeking readytomove commercial projects where operations and occupancy can be done in less time with good infrastructure. The receipt of the Occupation Certificate for Trade Square confirms that this is the right choice for businesses to invest in or occupy a completed property.

Commenting on this landmark achievement, Aakash Patel, Director of Atul Projects, stated that,

 “The granting of the Occupation Certificate for Trade Square represents an important milestone in their aim to provide high-quality commercial projects that follow the changes taking place in the business world. Businesses of today require certainty, rapid delivery and advantageous locations. As Trade Square is now available for occupation, companies can commence activities without waiting for the completion of the project while profiting from the established connectivity and flourishing corporate ecosystem. It appears that demand for readytomove commercial properties in the developed micro-markets such as Andheri East will only increase despite economic and market conditions. “

In contrast to a budding commercial sector, Trade Square reaps the reward of being part of an already operational business ecosystem. The project is located near major corporate headquarters, industrial parks, banks, and technology firms, thus allowing the companies to take advantage of the available infrastructure and good connectivity. Furthermore, the workers can easily reach educational establishments, shopping areas, hotels, and other social initiatives, thus improving the overall working environment. 

The Mumbai office market is experiencing change, with finished office projects in favorable micro-markets becoming attractive to end users and investors alike. Trade Square is now an intriguing option for companies needing a fast-operating location where they can also enjoy long-term benefits due to the receipt of its Occupation Certificate.

This project’s location, connectivity, and immediate availability of premises make Trade Square an excellent commercial destination for firms willing to launch their business in Mumbai.

Commercial Real Estate Veteran Ajay Malik Joins Ofis Square as CBO

Noida, Aug 04: Ofis Square, a leading provider of premium flexible and managed workspace solutions, has announced the appointment of Ajay Malik as its Chief Business Officer (CBO). With nearly two decades of experience in the commercial real estate industry, Ajay will lead the company’s managed office and enterprise sales vertical and play a strategic role in accelerating business growth and strengthening Ofis Square’s presence in the evolving workspace ecosystem.

Ajay brings extensive experience and a deep understanding of the commercial real estate landscape, with expertise spanning enterprise leasing, business development, client relationship management, commercial transactions and strategic growth. Over the course of his career, he has worked across multiple facets of the commercial real estate sector and has developed strong insights into the evolving workspace requirements of corporates, enterprises and growing businesses.

In his role as Chief Business Officer, Ajay will be responsible for driving the growth of Ofis Square’s managed office portfolio, strengthening enterprise partnerships and expanding the company’s presence across key business markets. He will work closely with the leadership team to build scalable business strategies, enhance client engagement and support the company’s long-term growth plans.

The appointment comes at a time when organisations are increasingly seeking flexible, customised and professionally managed workspaces that offer operational efficiency while supporting changing business requirements. With his extensive experience in commercial real estateAjay is expected to contribute valuable market expertise and strategic leadership as Ofis Square continues to expand its managed office offerings for enterprises.

Commenting on his appointment, Ajay Malik, Chief Business Officer, Ofis Square, said: “The commercial real estate and workspace sectors are undergoing a significant transformation, with enterprises increasingly looking for flexible, scalable and experience-led workplace solutions. Ofis Square has built a strong foundation through its client-centric approach and focus on creating high-quality work environments. I am excited to join the organisation and look forward to strengthening the managed office and enterprise sales vertical while contributing to the company’s next phase of growth.”

Commenting on the appointment, Gaurav Raj Mittal, Co- Founder & CEO at Ofis Square said: “We are delighted to welcome Ajay Malik to the Ofis Square leadership team. His extensive experience in commercial real estate, strong understanding of enterprise requirements and proven business acumen will be valuable as we strengthen our managed office and enterprise sales vertical. Ajay’s appointment reflects our commitment to building a strong leadership team and further accelerating our growth in the managed workspace segment.”

Ofis Square offers flexible workspace solutions, including managed offices, coworking spaces and virtual office solutions, designed to support the evolving requirements of startups, growing businesses and large enterprises. The company’s managed office solutions offer customised workspaces supported by end-to-end services, enabling organisations to focus on their core business operations while benefiting from flexible and scalable workplace infrastructure.

With Ajay’s appointment, Ofis Square aims to further strengthen its enterprise-focused business strategy and build deeper relationships with organisations seeking customised, future-ready and professionally managed office solutions.

Indusface Introduces SwyftComply AI, Defining the Next Era of Application Security with Autonomous Vulnerability Remediation

As AI transforms vulnerability discovery from weeks to minutes, SwyftComply AI enables enterprises to protect applications just as quickly through autonomous virtual patching, expert validation and SLA-backed remediation.

BENGALURU, India, Aug. 4, 2026 /PRNewswire/ — Indusface, the leading application security company trusted by enterprises to protect thousands of applications and APIs globally, today announced SwyftComply AI, an autonomous vulnerability remediation solution that virtually patches vulnerabilities surfaced by AI-assisted pentesting.

Swyftcomply AI

Artificial Intelligence has fundamentally changed the economics of application security. AI-powered security agents now uncover exponentially more vulnerabilities than ever before. Yet remediation has not accelerated. Security teams are overwhelmed by findings while remediation remains constrained by engineering bandwidth. The cybersecurity industry has entered a new phase: the race has moved from finding vulnerabilities to protecting applications before they’re exploited. Indusface believes the industry must move beyond AI-assisted testing toward Autonomous Vulnerability Remediation.

“AI has made vulnerability discovery dramatically faster. The next challenge for the industry is autonomous vulnerability remediation. SwyftComply AI helps enterprises keep pace with AI-driven threats without overwhelming development teams,” said Ashish Tandon, Founder and CEO, Indusface.

SwyftComply AI delivers four connected outcomes:

  1. AI-Assisted Discovery: Multi-model pentesting uncovers 5 to 10 times more critical and high-severity vulnerabilities compared to traditional approaches.
  2. Autonomous Virtual Patching: Virtual patches deploy at the edge automatically, with no code changes or release windows required.
  3. Human-Certified Validation: Indusface security experts verify remediation within an SLA and guarantee zero false positives.
  4. Continuous Compliance: Every cycle closes with an expert-verified vulnerability remediation report enterprises can present to their boards and regulators.

For more than a decade, Indusface has focused on reducing the time between vulnerability discovery and protection. SwyftComply AI extends that vision into the AI era.

“The AI era is uncovering business-logic vulnerabilities faster than most security teams can respond. That gap is widening across sectors. Our evaluation of SwyftComply AI showed exactly what enterprises need: vulnerabilities closed as fast as they’re found, and a report auditors can trust,” said Vinayak Godse, CEO, Data Security Council of India (DSCI).

“AI-assisted pentesting surfaces vulnerabilities far faster than any development calendar can absorb. With SwyftComply AI, findings are patched at the edge as they arrive, allowing our development teams to remediate root causes through their normal release cycles instead of constantly reacting to newly discovered vulnerabilities. That enables us to strengthen security without slowing business delivery,” said Nishith Kumar Datta, Head of Information Security, Titan Company Limited.

SwyftComply AI is available immediately. Existing AppTrana customers can upgrade through their account teams, while new customers can onboard to the platform directly. Once live, organizations can virtually patch vulnerabilities, whether surfaced by Indusface, their own VA/PT, or red-team engagements, with vulnerabilities patched and a clean report provided within SLA. Request a demo here.

About Indusface

Indusface secures the web, API, and AI applications of thousands of organizations across 95 countries. Backed by leading institutional investors, Indusface is recognized by Gartner, Forrester, and IDC for its innovation in application security and meets globally accepted security and compliance standards, including ISO 27001, SOC 2, PCI DSS, and GDPR. Its globally distributed cloud infrastructure spans Asia, the Middle East, Europe, and North America, enabling low-latency protection and regional data residency for enterprises worldwide.

AppTrana is Indusface’s autonomous enterprise application security platform that continuously discovers vulnerabilities, autonomously remediates exploitable risks through virtual patching, and protects applications against DDoS, bot, API, AI, and zero-day attacks. Combining AI-powered intelligence, expert governance, and SLA-backed protection, AppTrana helps organizations reduce the time from vulnerability discovery to protection while delivering compliance-ready reports with zero false positives.

Media Contact:

Phani Akella

phani.akella@indusface.com 

 

Indusface Logo

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Indusface Introduces SwyftComply AI, Defining the Next Era of Application Security with Autonomous Vulnerability Remediation

Centre Informs YSRCP MP: TDP-Led Alliance Government Surpasses Previous Record in SASCI Funds

Aug 4: Andhra Pradesh has achieved a significant milestone in mobilising capital investment support from the Government of India. Under the leadership of Chief Minister Chandrababu Naidu, the State has secured INR19,619 crore under the Special Assistance to States for Capital Investment scheme in just two and a half years. This is 72 percentage higher than the INR11,386 crore received by the previous YSRCP government under the same scheme between 2020 to 2024. It is interesting to note that the figures were officially placed before Parliament by the Union Ministry of Finance in a response to a question listed by YSRCP MP PV Mithun Reddy.

The achievement reflects the present government’s emphasis on fiscal discipline, timely project preparation and efficient implementation. Andhra Pradesh has consistently secured higher allocations by submitting eligible capital investment proposals and ensuring faster execution, enabling the State to access significantly greater financial resources for infrastructure development within a much shorter period.

According to the Union Government’s reply in Parliament, Andhra Pradesh has received ₹31,005.47 crore under the SASCI scheme since 2020-21. Of this, INR19,619 crore has been released during the tenure of the present TDP-led Government, including INR 7,901.56 crore in 2024-25, INR 8,289.61 crore in 2025-26 and ₹3,428.14 crore during 2026-27.

The Special Assistance to States for Capital Investment scheme provides 50-year interest-free capital loans to States for capital expenditure. As per the Union Government, assistance is released expeditiously once States submit complete project proposals in accordance with the scheme guidelines, allowing States to undertake critical infrastructure and development projects.

The record gain of capital assistance highlights the development momentum being achieved under TDP led double-engine NDA Government in Andhra Pradesh.

CM Naidu’s proven track record of governance, coupled with the Centre’s continued support, is enabling Andhra Pradesh to accelerate infrastructure development, attract greater investments and deliver faster, inclusive growth.

Hyderabad’s Pharma leader Chakravarthi AVPS wins Asia Business Leader Award for advancing India’s global healthcare leadership

Hyderabad's Pharma leader Chakravarthi AVPS wins Asia Business Leader Award for advancing India's global healthcare leadership

 

Recognition reflects India’s growing influence in affordable healthcare, pharmaceutical innovation and patient-centric solutions

 

Hyderabad, Aug 04: Hyderabad-based pharmaceutical industry leader Mr. Chakravarthi AVPS, Chairman and Managing Director of Ecobliss India Private Limited received an international recognition for his contribution to strengthening India’s global pharmaceutical leadership and promoting patient-centric healthcare solutions.

He was conferred the CMO Asia Business Leadership & Excellence Award under the category Asia Business Leader of the Year – Indian Pharma at a ceremony held at the Pan Pacific Singapore on Tuesday evening.

The award recognises leaders who have made significant contributions to their industries across the Asia-Pacific region. Chakravarthi was honoured alongside distinguished business leaders from several countries, including Dr. Anne Phey, Founder & CEO of The School of Leadership; Rohit Gandhi, Group CEO of APAR Technologies Singapore; Munas van Boonstra, APAC Managing Director of TLC Worldwide; Charu Sethi of OpenRouter; Dr. Tarita Shankar, Chairperson and President Designate of Indira University, among others.

The citation noted that Chakravarthi was selected for his outstanding leadership in championing Indian pharmaceutical capabilities on global platforms, promoting patient-centric healthcare solutions, encouraging responsible pharmaceutical packaging, and building international collaborations that enhance trust in Indian healthcare.

For over three decades, Chakravarthi has represented India at numerous international pharmaceutical, healthcare and packaging forums, consistently advocating India’s strengths in affordable medicines, innovation and quality.

Under his leadership, Ecobliss India has emerged as a pioneer in patient-centric pharmaceutical packaging and medication adherence solutions, an area increasingly recognised worldwide as critical for improving treatment outcomes and reducing medication errors.

Hyd pharma leader

 

Speaking after receiving the honour, Chakravarthi said the recognition belonged to the entire Indian pharmaceutical ecosystem.

“I accept this honour with humility, not merely as a personal recognition, but as a tribute to the remarkable journey of the Indian pharmaceutical industry and to the many colleagues, mentors and institutions who have inspired me over the years.”

He said India today is recognised globally not only as the “pharmacy of the world” but also as a trusted healthcare partner.

“India’s contribution extends far beyond manufacturing medicines. We have made healthcare accessible and affordable for millions across the globe. From supplying life-saving generic medicines to leading the fight against HIV/AIDS with affordable antiretroviral drugs and expanding access to innovative cancer therapies, Indian pharmaceutical companies have transformed global healthcare.”

Highlighting the importance of patient-centric innovation, he added:

“Medicines save lives only when patients take them correctly. At Ecobliss India, we have always believed that packaging is not merely about protecting a product—it is about supporting the patient. Thoughtfully designed packaging improves adherence, enhances safety and ultimately contributes to better health outcomes.”

Chakravarthi also stressed that the future of healthcare depends on greater international collaboration.

“The future belongs to collaboration. When governments, industry, academia and global partners work together, innovation accelerates, trust deepens and patients everywhere benefit.”

Widely respected within India’s pharmaceutical and industrial ecosystem, Chakravarthi has been actively associated with leading industry bodies including FTCCI, CII, FABA, FOPE, Pharmexcil, the , and several pharmaceutical organisations. Through these platforms, he has consistently worked to strengthen global partnerships and showcase India’s pharmaceutical excellence on the international stage.

“Widely respected within India’s pharmaceutical and industrial ecosystem, Chakravarthi has been actively associated with leading industry bodies including FOPE, FABA, Pharmexcil, IPA, CII, FTCCI, INBA, LSSSDC, WPO, IIP among other organisations.”

The recognition comes at a time when India’s pharmaceutical industry continues to expand its global footprint, reinforcing the country’s position as one of the world’s most trusted suppliers of quality, affordable medicines while increasingly contributing to pharmaceutical innovation, patient safety and sustainable healthcare solutions.

 

AAEON’s 2026 Customer Satisfaction Survey Prize Winner Announced

 

Taipei, Taiwan – Aug 4:To help understand key market needs and maintain its customer-centric approach to delivering both high-quality products and efficient support for its customers, award-winning edge AI solutions provider AAEON (Stock Code: 6579) provides its customers with an annual satisfaction survey.

The questionnaire, which is a vital source of feedback regarding everything from the company’s product quality to its technical support and logistical efficiency, saw the company receive a 92.8% satisfaction rate among responders. Even with this positive outcome, AAEON continues to evaluate and improve its operations to achieve its goal of providing a world class, agile approach to addressing customer needs.

AAEON is delighted to announce that of the survey’s 113 entrants, one lucky customer will receive the grand prize of a Garmin Venu® 4 Advanced Health and Fitness GPS Smartwatch.

The winner of 2026’s grand prize is Ms. Tang of Suzhou Hailiko Automation Equipment Co., Ltd.

AAEON would like to thank all of its customers that took the time to complete the survey, as it grants valuable insight into how AAEON can provide customers with the best possible service. AAEON looks forward to continuing its push to innovate and bring industry-leading solutions to market going forward.

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

Bengaluru, Aug 4: Unimech Aerospace & Manufacturing Ltd., a global high precision engineering platform specializing in manufacturing complex products, announced its unaudited financial results for the quarter ended 30th June 2026.

Financial Highlights 

Particulars

Q1FY27

Q1FY26

Y-o-Y

Q4FY26

Q-o-Q

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA GrowthUnimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

 

Unimech Aerospace Reports Record Quarterly Performance with Strong Revenue and EBITDA Growth

For the quarter ended June 30, 2026

  • Revenues from operations stood at Rs. 1,076.2 mn, up 32% QoQ over Q4 FY26 and 71YoY over Q1 FY26, driven by strong recovery in aerospace tooling demand, and the consolidation of Hobel Bellows
  • EBITDA  grew to Rs. 392.5 mn, up 11% QoQ and 98YoY, on strong operating leverage
  • PAT stood at Rs. 278.6 mn, up a robust 7% QoQ and 46% YoY, capping a strong quarter of profitable growth and reinforcing our confidence in the momentum ahead

Commenting on the performance, Mr. Anil Kumar Puttan, Chairman & Managing Director, said,

“FY27 has commenced on a strong and encouraging note for Unimech, with the Company delivering its highest-ever quarterly revenue of Rs. 1,076.2 mn while maintaining strong EBITDA margins. This performance reflects improving customer demand, disciplined execution and, most importantly, establishes a stronger operating base from which we intend to build through the remainder of the year.

The strategic investments made over the past quarters are now beginning to translate into tangible business outcomes. The successful integration of Hobel Bellows, and growing customer engagements across aerospace, semiconductor and energy sectors are steadily expanding our growth platform. The defining milestone of the quarter was the signing of a long-term supply agreement with FACC Operations GmbH, Austria, awarded through a competitive global sourcing process, it covers precision-engineered aerospace components and flying parts marking a step up in the aerospace value chain. While aerospace tooling continues to perform well, we are witnessing healthy traction in our Precision Components & Assemblies business, supported by long-term customer engagements and an expanding opportunity pipeline.

Qualification-led growth remains central to our strategy. During FY27, we are targeting qualifications to meaningfully increase in comparison to previous year as we continue to qualify flying parts and recurring precision manufacturing programs across other industries. These initiatives are steadily strengthening our position as an integrated precision manufacturing partner for global OEMs / Tier-1.

Looking ahead, we expect capacity utilisation to improve as qualification programs transition into serial production. Backed by a healthy order pipeline, expanding customer relationships and sustained margin discipline, we remain confident that FY27 will be year of strong growth and value creation as we build a globally competitive precision engineering platform.”