Markets

NLC India Limited Addresses Governance Non-Compliance Issues Following Stock Exchange Fines NLC India Limited has taken necessary actions following the imposition of fines by Stock Exchanges concerning non-compliance with Corporate Governance requirements. The matter was reviewed during a Board meeting held on May 29, 2026, pertaining to the quarter ended March 31, 2026.The company’s Board noted the actions taken by the Stock Exchanges involving fines for failing to meet prescribed Corporate Governance standards. These issues relate to the composition of the Board of Directors and included a failure to appoint an Independent Director and a Women Director. Furthermore, non-compliance was observed regarding the constitution of several...

Crompton Greaves Restructures Senior Leadership, Appointing New Head for Home Electricals Crompton Greaves Consumer Electricals Limited has announced several key changes in its senior management team as part of its ongoing commitment to strengthening leadership capabilities and driving long-term growth. These personnel movements, which come into effect from July 2, 2026, involve appointments, role shifts, and reporting structure realignments across various business units.The company has appointed Mr. Sachin Phartiyal as the Business Unit Head for Home Electricals. Mr. Phartiyal brings nearly three decades of experience in consumer durables and electricals to the role. He holds a B.Sc. from C.C.S. University, Meerut, and possesses...

Lupin Scores U.S. FDA Inspection for Somerset Facility with VAI Classification, Bolstering Global Compliance Efforts Pharma Giant Secures Crucial US FDA EIR for Key Manufacturing Plant Mumbai: Global pharmaceutical leader Lupin Limited (Lupin) announced today that it has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (U.S. FDA). The report pertains to its manufacturing facility located in Somerset, New Jersey. This development underscores the company's persistent focus on maintaining stringent international quality standards.The inspection was conducted by U.S. FDA officials over several days, specifically between April 13, 2026, and April 17, 2026. Lupin has classified its...

Bharat Coking Coal Limited Reports Provisional Production Figures for June 2026 Bharat Coking Coal Limited has released its provisional monthly production performance figures for June 2026, providing details across various coal and mineral metrics. The performance data covers raw coal production, coking coal output, and mining activities related to overburden removal.The company's production metrics include insights into the breakdown of raw coal types and contributions from different mine types, as well as figures for the off-take.Provisional Production Details (June 2026) Provisional data for June 2026 highlights performance in several areas:Coal and Product OutputParticularsUnitActual This Period (June '26)Actual Same...

Netweb Technologies Board Approves Raising Up To ₹ 1200 Crore Through Versatile Fund Raise Netweb Technologies India Limited has approved a significant fund raising initiative, with its Board of Directors sanctioning the raising of funds up to and exceeding ₹ 1200.00 Crore (Rupees One Thousand Two Hundred Crore only). This decision was taken following a Board meeting held on July 01, 2026.The approval allows the company to raise the aggregate amount through various financial instruments and securities. These include equity shares, preference shares, fully or partly convertible debentures, non-convertible debentures along with warrants, other equity based securities, or any combination thereof. The fund raising can be executed through...

JTL Industries Reports Q1 FY27 Performance with Sales Volume Reaching 1,18,513 MT JTL Industries Limited, a prominent manufacturer of structural steel tubes, has announced its quarterly business performance for the first quarter of Fiscal Year 2027 (Q1 FY27). The company reported a sales volume of 1,18,513 MT.The Q1 FY27 figures highlight growth trends compared to previous periods. Consolidated sales volume, which includes export sales, stood at 1,18,513 MT in Q1 FY27. This contrasts with the volumes recorded in Q1 FY26 and Q4 FY26, reflecting ongoing operational improvements.Key aspects of JTL Industries' quarterly performance include:MetricQ1 FY27 (MT)Q1 FY26 (MT)Q4 FY26 (MT)Sales Volume1,18,5131,08,4061,23,262...

Crisil Ltd Announces Board Meeting for Financial Results and Interim Dividend Consideration Crisil Ltd has scheduled a meeting of its Board of Directors to review crucial corporate matters, including the consideration of unaudited financial results and the payment of the second interim dividend.The Board meeting is set for Tuesday, July 21, 2026. The agenda includes considering and approving the consolidated and standalone financial results for the quarter and half year ending June 30, 2026. Furthermore, directors are expected to consider the payment of the second interim dividend for the financial year ending December 31, 2026.In matters concerning corporate conduct and insider trading, Crisil Ltd has instituted a "No Trading...

Walchandnagar Industries Ltd Approves Amendment of Registered Office Clause in Memorandum of Association Walchandnagar Industries Ltd. announced that its Board approved an amendment to the Registered Office clause of its Memorandum of Association during a meeting held on Wednesday, July 01, 2026. The change is subject to ratification by the members of the Company at the subsequent Annual General Meeting (AGM).The amendment concerns the official location of the company's registered office. Following the board approval, the revised clause dictates that "The Registered Office of the Company will be situated in the State of Maharashtra."The Board meeting commenced at 05:22 p.m. and concluded at 06:00 p.m., confirming the necessary...

Lupin Secures U.S. FDA EIR for Somerset Facility, Signalling Commitment to Global Quality Standards Global Pharma Giant Achieves VAI Status from US FDA Inspection Mumbai: Global pharmaceutical leader Lupin Limited has announced it received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (U.S. FDA). The report pertains to its manufacturing facility located in Somerset, New Jersey.The inspection was conducted by regulatory bodies between April 13, 2026, and April 17, 2026. Lupin confirmed that the facility received a Voluntary Action Indicated (VAI) classification, signifying a key step in maintaining international compliance standards.This development reinforces Lupin’s dedication to...

Kody Technolab Limited Appoints Utsav Himanshu Trivedi as Company Secretary and Compliance Officer Kody Technolab Limited has appointed Mr. Utsav Himanshu Trivedi as the Company Secretary and Compliance officer of the company. This appointment was formalized following a Board meeting held on July 1, 2026, with the office effectively date for the role.The decision regarding the key managerial personnel aligns with the recommendation of the Nomination and Remuneration Committee and has been approved by the Board of Directors of Kody Technolab Limited.Mr. Utsav Himanshu Trivedi, identified with ACS: 57058, brings extensive experience to the role. He is a qualified Company Secretary and a law graduate with over seven years of...

Arvind SmartSpaces Limited Announces Changes in Senior Management PersonnelArvind SmartSpaces Limited has announced key changes in its senior management team, including the appointment of two new executives and the resignation of a senior legal functionary. The updates concern appointments made effective July 1, 2026, and one resignation effective June 30, 2026.Mr. Bhasker Jain has been appointed as Chief Business Officer - MMR (Mumbai Metropolitan Region) of the company. Mr. Tarpit Patni has also been designated as Senior Management Personnel and appointed as the Head - Legal, effective July 1, 2026.Concurrently, Mr. Jai Kumar Ajbani, who held the position of Head - Legal, resigned from the company, with his resignation taking...

Key Managerial Personnel Resigns from News24 Broadcast India Limited A senior executive has resigned from the position of Company Secretary at News24 Broadcast India Limited, a subsidiary of B.A.G. Films and Media Limited. Mr. Lokesh Gautam tendered his resignation, effective from the closing of business hours on June 30, 2026.Mr. Gautam held the role of Company Secretary and Key Managerial Personnel at News24 Broadcast India Limited. His decision to resign was stated as a move to pursue other career opportunities.The details regarding the change in personnel are summarized below:ParticularsInformationReason for changeResignation (to pursue other career opportunities)Date of CessationClosing of business hours on June 30...

Kirloskar Ferrous Industries Announces 35th Annual General Meeting; AGM to be held via Video Conferencing Kirloskar Ferrous Industries Limited has announced details regarding its 35th Annual General Meeting (AGM). The company confirmed that the AGM will take place through Video Conferencing (VC) or Other Audio Visual Means (OAVM), allowing members to attend virtually.The Notice of AGM and the Annual Report for the financial year 2025-2026 are available for members, with distribution methods detailed in the company's communications. The documents will be sent via email to all members whose addresses are registered with the company or its Registrar and Share Transfer Agent (RTA). Furthermore, these materials will be uploaded on the...

Hero MotoCorp Reports Strong Dispatch Growth in Q1 FY'27 Amid Robust Market Demand Hero MotoCorp, a global leader in motorcycle and scooter manufacturing, has reported strong growth momentum through the first quarter of fiscal year 2027. The company recorded dispatches of 541,159 units in June 2026, reflecting sustained health across its various segments.The automaker registered robust growth during Q1 FY'27 (April to June 2026), dispatching a total of 16.8 lakh units and achieving a 23% year-on-year increase. This momentum was driven by broad demand spanning the core, premium, and scooter segments, including both Internal Combustion Engine (ICE) and electric vehicles (EVs). Domestic retail demand remained healthy during the quarter...

Intellect eMACH.ai Achieves Dominance in IBSi Global Sales League Table 2026 with Top Rankings Across Banking Categories Intellect Design Arena Ltd, a leader in AI-First enterprise financial technology, has achieved significant market recognition by securing multiple top rankings in the 2026 edition of the prestigious IBS Intelligence Sales League Table (SLT). The SLT analysis involved 1,347 qualifying technology deployments globally, covering insights from 60 prominent technology suppliers.Intellect emerged as a standout performer, gaining the #1 ranking across eight major system categories with its eMACH.ai architecture. This dominance underscored the widespread adoption of Intellect's platform across various segments, including...

GNG Electronics and Redington Forge Strategic Partnership to Accelerate Refurbished ICT Expansion in India GNG Electronics Limited, a leader in refurbished IT solutions, has entered into a strategic distribution partnership with Redington Limited to significantly accelerate the nationwide expansion of its range of refurbished computers across India. This move is designed to formalize and scale the organized refurbished Information and Communications Technology (ICT) segment within the Indian market.The partnership designates Redington as the distributor for GNG’s professionally refurbished laptops, desktops, and enterprise computing systems throughout India. By leveraging Redington’s extensive pan-India distribution network, the...

Riddhi Siddhi Gluco Biols' Credit Ratings Reaffirmed by CRISIL; 'Watch Negative' Status Removed Riddhi Siddhi Gluco Biols Ltd has received a revision of its credit ratings for the loan facilities availed, following an assessment conducted by CRISIL Ratings. The rating action confirms that the company's ratings have been reaffirmed by the agency.CRISIL Ratings revised both the Long Term and Short Term ratings for Riddhi Siddhi Gluco Biols Ltd. In a significant update, the ratings were reaffirmed by CRISIL, with the status being removed from 'Watch Negative'.The rating changes are detailed in the following table:ParticularRevised RatingsPrevious RatingsRating ActionLong Term RatingCrisil BBB- NegativeCrisil BBB- /Watch with...

AWL Agri Business Adds Trusted Sugar Brand Madhur to Strengthen Food Portfolio Ahmedabad, July 1, 2026: AWL Agri Business Limited, a prominent player in India's fast-moving consumer goods (FMCG) and food sector with established brands like Fortune and Kohinoor, has expanded its offerings by incorporating Madhur sugar into its growing portfolio. This acquisition is set to reinforce the company's dedication to providing high-quality and trusted food essentials to millions of Indian households.The inclusion of Madhur marks a significant step in AWL Agri Business's strategy to develop a comprehensive food range that meets the daily needs of consumers across the country. By adding one of India’s most popular sugar brands, the company is...

Shivam Autotech Approves Rights Issue for Fund Raising and Appoints New Key Managerial Personnel Shivam Autotech Limited has approved plans for a rights issue aimed at raising funds, alongside appointing Ms. Mehvish as Company Secretary and Compliance Officer. The decisions were made during the Board Meeting held on July 1, 2026.The board meeting approved the appointment of Ms. Mehvish as the Company Secretary and Compliance Officer (a Key Managerial Personnel) effective from July 1, 2026. Ms. Mehvish is an Associate Member of the Institute of Company Secretaries of India and possesses experience dealing with matters pertaining to the Companies Act, Listing Regulations, and allied laws.Rights Issue Details and Fund Raising Plan The...

Board Approves Draft Amalgamation Scheme Between Chambal Breweries and Invade Agro; One Company Deferrs Consideration The planned amalgamation between Chambal Breweries & Distilleries Limited and Invade Agro Limited has seen progress in board approvals, though the status of the deal remains pending as one company deferred key consideration.Chambal Breweries & Distilleries Ltd approved the Draft Scheme of Amalgamation with Invade Agro Limited during its Board meeting held on June 29, 2026. The approval marked a significant step toward the proposed corporate restructuring between the two entities.However, the status of the scheme at Invade Agro Limited remains tentative following its board meeting, also conducted on June 29, 2026. The...