Markets

Karma Energy Limited Announces Details of 19th Annual General Meeting and Record Date Karma Energy Limited has scheduled its 19th Annual General Meeting (AGM). The company announced that the meeting is set to be held on Thursday, July 23, 2026.The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), with proceedings commencing at 2:00 p.m.In preparation for the Annual General Meeting, the company designated July 16, 2026, as both the record date and the cut-off date. This date is critical for determining shareholders eligible to cast votes on the resolutions proposed during the AGM.KARMAENG Stock Price Movement Karma Energy Limited shares today slipped by 0.46% to close at ₹41.56. The equity...

WABAG Secures 'Large' International Order for Expansion of Donauinsel Water Works in Vienna VA Tech Wabag Limited has been awarded a significant 'Large' order by the City of Vienna, Municipal Department MA 31 - Wiener Wasser, for the expansion of the Donauinsel Water Works in Vienna, Austria. This contract strengthens WABAG's role as a provider of integrated water technology solutions for complex public infrastructure.The project involves delivering the complete technology package for the new water works. The scope includes process engineering, electrical engineering, instrumentation and control systems, and building services. The facility will incorporate a modern multi-barrier treatment process designed to ensure robust drinking...

Avio Smart Market Stack and StandardWings Partner to Build AI-Powered Digital Infrastructure for Rural India Avio Smart Market Stack Limited (ASMS) has signed a Memorandum of Understanding (MoU) with StandardWings Technologies Pvt. Ltd. The collaboration aims to jointly explore developing next-generation digital platforms designed to transform India's agricultural and rural ecosystem through technology.The partnership combines ASMS' extensive operational network, which spans over 5,000 villages and provides access to nearly 4 crore farmers and rural residents, with StandardWings' expertise in Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), enterprise software, and digital product development.Under the...

Brainbees Solutions Approves Participation in Subsidiary's IPO Offer for Sale Brainbees Solutions Limited has approved participation in the Offer for Sale (OFS) of equity shares belonging to Swara Baby Products Limited, a subsidiary of the company. The decision was made by the Board of Directors on July 1, 2026.The approval covers an offer up to a specified number of equity shares of face value Rs. 2/- each in Swara Baby. Brainbees Solutions has committed participation for an amount aggregating up to Rs. 3,000 million through the Offer for Sale.This transaction is tied to the proposed Initial Public Offering (IPO) of equity shares of Swara Baby Products Limited, which is set to be undertaken by the company’s subsidiary.While the...

Mobavenue AI Tech Ltd Incorporates Singapore Subsidiary to Expand Digital Solutions Offering Mobavenue AI Tech Limited, formerly Lucent Industries Limited, has incorporated a new step-down subsidiary in Singapore as part of its strategic growth initiatives. The company established MAITL ASIA PTE. LTD., which was officially incorporated on June 30, 2026. This move aims to broaden the solution offerings and reinforce the company’s organic growth strategy.The newly formed entity is situated at 7 Temasek Boulevard in Suntec Tower One, Singapore. The subsidiary operates within the technology sector, focusing heavily on advertising, digital media, and various specialized digital services. Mobavenue AI Tech Ltd confirmed that this formation...

SG Finserve Limited reports Loan Book of INR 4,551 Crores as Q1-FY27 Closes Strong SG Finserve Limited (SGFL) has announced that it closed the first quarter of FY27 with a robust Loan Book totaling approximately INR 4,551 Crores. The figure reflects strong business momentum for the company in the period ending June 30, 2026.The performance metrics released by SGFL indicate significant growth across key periods. Year-on-Year (YoY) growth stood at approximately 82% when comparing data from June 30, 2025, to June 30, 2026. Quarter-on-Quarter (QoQ) growth registered at roughly 16%, measured between March 31, 2026, and June 30, 2026.SGFL operates as a supply chain focused, RBI registered Non-Banking Finance Company (NBFC). The company...

Punjab & Sind Bank Reports Strong Provisional Results with 15.33% Growth in Total Business Punjab & Sind Bank has reported its provisional financial figures as of June 30, 2026, showing significant growth across key banking metrics compared to the reviewed results from the previous year. The bank's total business grew by 15.33%, while Gross Advances saw a strong rise of 19.50%.The provisional data highlights robust performance in lending and deposit mobilization for the state-owned financial institution. Total Business stood at 2,66,574 crore in June 2026, up from 2,31,132 crore in June 2025.The bank also saw steady growth in customer funding, with Total Deposits reaching 1,47,134 crore, marking a 12.16% increase from the reviewed...

Callista Industries Ltd Completes Equity Share Allotment and Allocates Convertible Warrants Callista Industries Limited announced two significant capital market transactions following its Board Meeting held on July 1, 2026. The company allotted a tranche of equity shares and issued convertible warrants as part of preferential issuances.The allotment of equity shares saw Roshan Lal Badrilal Maloo allot 20,000 equity shares at a total consideration price of Rs. 2,00,000/-. This tranche represents the sixth issuance of equity shares of Rs. 10/- each, which were fully paid up and issued on a preferential basis.Sr. NoName of the Allottee(s)No. of Equity SharesTotal Consideration Price1Roshan Lal Badrilal Maloo20,0002,00,000/-...

Bharti Airtel Subsidiary Commences Commercial Operations as Type II Non-Banking Financial Company Bharti Airtel Limited announced that its subsidiary, Airtel Money Limited, has officially commenced commercial operations. The company has been classified as a Type II Non-Deposit accepting Non-Banking Financial Company (NBFC) by the Reserve Bank of India (RBI).The commencement followed the issuance of a Certificate of Registration to Airtel Money Limited by the RBI on February 13, 2026. This development follows an earlier announcement made by Bharti Airtel Limited dated February 17, 2026.The registration is granted under Section 45 IA of the Reserve Bank of India Act, 1934.In relation to the issuance of the Certificate of...

Arihant Capital Markets Secures 'No Objection' from NSE and BSE for Composite Scheme of Arrangement Arihant Capital Markets Limited (ACML) has received observations from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) concerning its ongoing Composite Scheme of Arrangement. ACML confirmed that it obtained an observation letter with 'no adverse observations' from BSE on June 25, 2026, and an observation letter with 'no objection' from NSE on the same date.The scheme involves a complex arrangement amongst several related entities under Sections 230 to 232 of the Companies Act, 2013. The companies included in the Composite Scheme of Arrangement are Arihant Financial Services Limited (AFSL)...

Engineers India Limited Announces Change in Senior Management Engineers India Limited has announced a change in its senior management, effective July 1, 2026. The transition involves the Executive Director (Technical) of the company.The company reported that Shri Venkata Rama Subramnyam Sripada's designation as Executive Director (Technical) was affected due to him attaining the age of superannuation on June 30, 2026.Details of the senior management change are provided below:NameDesignationReason for ChangeShri Venkata Rama Subramnyam SripadaExecutive Director (Technical)Attaining the age of superannuation on 30.06.2026ENGINERSIN Stock Price Movement Shares of Engineers India Limited slipped today by 1.16% to settle at...

CLN Energy Ltd Appoints Two New Directors While Accepting Resignation of Chief Operating Officer CLN Energy Ltd confirmed several leadership changes following a Board of Directors meeting held on July 01, 2026. The company approved the appointment of two new directors while accepting the resignation of Mr. Manish Shah from his positions as Whole-time Director and Chief Operating Officer.The appointments were made subsequent to the recommendations of the Nomination and Remuneration Committee. Both incoming directors are subject to the approval of shareholders at the ensuing General Meeting.New Appointments Announced Mr. Rahul Bhatnagar and Mr. Sanni Kumar were appointed to the board, bringing specialized expertise in manufacturing...

APL Apollo Tubes Reports Q1FY27 Sales Volume, Announces Revised Product Segmentation Framework APL Apollo Tubes Limited (APL Apollo), recognized as the World's largest branded structural steel tube company, reported its sales volume for the first quarter of fiscal year 2027 (Q1FY27). The Company recorded a sales volume of 744,823 Ton in Q1FY27, which compares against a volume of 794,350 Ton achieved in Q1FY26.Starting from this quarter, APL Apollo has implemented a revised product segmentation framework to improve the clarity and relevance of its business reporting.The sales summary across various product categories for APL Apollo's building material range is detailed below:Product Category...

Lupin Subsidiary Nanomi Completes Major Share Acquisition, Boosting Ownership in MPPINanomi B.V., a wholly owned subsidiary of Lupin Limited, has completed a significant acquisition of shares in Multicare Pharmaceuticals Philippines, Inc. (MPPI), further cementing its control over the company through an additional buyback initiative. These transactions were finalized on July 01, 2026.The acquisition involved Nanomi purchasing 11,794,497 shares from various existing shareholders of MPPI. Following this purchase, MPPI also conducted a share buyback, completing the repurchase of 61,118 shares from two existing shareholders on July 01, 2026. The company confirmed that the buy-back process for the remaining 30,559 shares is currently...

Dhampur Sugar Mills Limited Moves Unclaimed Dividends and Shares of FY 2018-19 to IEPFDhampur Sugar Mills Limited has initiated the process for transferring unclaimed dividend amounts and corresponding equity shares pertaining to the Financial Year 2018-19 to the Investor Education and Protection Fund (IEPF) Demat Account. The move is mandated following established regulations governing dividends that remain unclaimed for a specified period.The company confirmed that all such shares, regarding which dividends have not been encashed or claimed by shareholders for seven consecutive years or more, are required to be transferred to the IEPF Demat Account as per applicable provisions of the Companies Act, 2013.Details concerning this...

Purple United Kids Reaches 116 Retail Outlets as Company Expands Presence Across India Purple United Sales Limited has reached a significant milestone in its retail journey, reporting a total of 116 Retail Stores and Exclusive Brand Outlets (EBOs) for its brand, PURPLE UNITED KIDS. The company expanded its reach by opening three new stores during June 2026, while simultaneously noting the closure of one existing location.The addition of these new outlets is intended to help the company reach new markets and expand its customer base in Kids Fashion.Details regarding the three new stores opened in June 2026 are presented below:S. NoStateCityLocationMarket CategoryPer sq. ft. Area (Super Area)Per sq.ft. Area (Carpet Area)...

MEYHUL GAALA Completes Transaction of Shares in Enbee Trade & Finance Limited A transaction concerning the shares held by MEYHUL GAALA in Enbee Trade & Finance Limited has been completed, detailing the acquisition and subsequent status of the shares.The details of the transaction involve MEYHUL GAALA regarding holding in Enbee Trade & Finance Limited, which is listed on the BSE. The entire process was executed through the Open Market mode.Transaction SummaryPrior to the completion of the transaction, MEYHUL GAALA held 1,16,69,300 shares, representing 1.67% of the company's voting capital. This holding included no shares in the nature of encumbrance or other instruments. The target company had an equity share capital of 697,286,312...

Dolphin Kitchen Utensils and Appliances Ltd Appoints New Independent Director as Veteran Steps Down Dolphin Kitchen Utensils and Appliances Limited, formerly known as Sai Swami Metals and Alloys Limited, has announced changes in its Board of Directors. The company appointed Mr. Vaibhav Jakhaniya as a Non-Executive Independent Director (Additional), while Ms. Vaibhavi Chamanbhai Patel resigned from her post. Both changes are effective from July 01, 2026.The appointment of Mr. Vaibhav Jakhaniya was made based on the recommendation of the Nomination and Remuneration Committee of the Board of Directors. As a Non-Executive Independent Director (Additional), his tenure is noted as being liable to retire by rotation.Appointment Details...

SEBI Launches Dedicated Helpdesk to Streamline Market Dispute Settlement Process Regulator Takes Proactive Steps to Simplify Grievance Redressal Securities and Exchange Board of India (SEBI) has launched a dedicated settlement helpdesk facility aimed at easing the burden on applicants involved in dispute resolution processes. The initiative comes as part of SEBI's continuous efforts to improve clarity and efficiency across various market procedures.The regulator stated that the purpose of the new helpdesk is to assist all applicants who are navigating the complexities associated with filing settlement applications. This facility ensures that stakeholders can fully understand and comply with the necessary procedural requirements laid...

Ishan Dyes and Chemicals Seeks Exclusive Dealership Role in Sulphur-Based Industrial Products Ishan Dyes and Chemicals Limited has put forth a proposal to A-1 Limited, a publicly listed company, seeking engagement as an exclusive dealer for A-1 Limited’s sulphurbased industrial products. This initiative aligns with the Company's strategy for market expansion and deepening its presence in specialized chemical supply chains.The proposed dealership encompasses a range of critical sulphur-based chemicals. Ishan Dyes and Chemicals Limited is proposing to handle various items, including:Product TypeConcentration / DescriptionSulphuric Acid98%Sulphuric Acid70%Oleum23%Oleum65%Acids & GasesChloro Sulphonic Acid, Sulphur...