Markets

Cube Highways Trust Reports Unitholding Pattern as of June 30, 2026 Cube Highways Trust released its Statement of Unitholding Pattern for the quarter ended June 30, 2026, detailing the distribution and ownership structure of its units. The report shows that the total outstanding units stand at 1,34,40,69,762, with the Sponsor group holding a significant stake.The Trust's unitholding pattern indicates that the Sponsor and Sponsor Group hold 36.48% of the total units, while the remaining 63.52% is held by the public.Key Ownership Breakdown A detailed look at the unit distribution as on June 30, 2026 reveals the following primary holdings:CategoryTotal Units HeldPercentage of Total OutstandingSponsor and Sponsor Group...

GIFT Nifty Surges Over 100 Points; Global Rally Fueled by AI Optimism Despite Middle East Tensions Indian equity indices are poised for a firm start on Friday following strong global cues, with GIFT Nifty signaling immediate gains. The rally was driven by renewed confidence in technology stocks and easing crude oil prices, allowing investors to pivot from geopolitical fears toward the earnings outlook of Artificial Intelligence (AI).GIFT Nifty traded at 24,116 around 7:45 am, marking a positive indication for the market after closing on Thursday. The index was up 121.5 points or 0.51 percent from its close of 23,962.8. Prior to this morning's uplift, the Sensex had closed at 76,741.8, gaining 238.2 points (0.3 percent), while Nifty...

Kundan Edifice Limited's Bank Facility Rating Reaffirmed by Infomerics; Total Rated Amount Enhanced Kundan Edifice Limited has received a rating update on its long-term bank facilities from Infomerics Valuation and Rating Limited. The agency confirmed the rating, noting an enhancement in the total amount of rated facilities after reviewing the company’s operational and financial performance for FY25 and FY26.The ratings issued by Infomerics placed the company's Long-Term Bank Facilities at IVR BBB-/Stable (Triple B Minus with Stable Outlook). This outcome reaffirms the previous rating assigned to the entity.Reflecting the improved stability and financial standing, the total amount of the long-term bank facilities under review was...

Gold and Silver Tumble as Geopolitical Jitters Over US-Iran Talks Plunge Precious Metal Prices Bullion markets saw a marginal dip on early trade on July 10, as cautious investor sentiment weighed on precious metals. The movement reflects the pressure generated after the breakdown of talks aimed at achieving a ceasefire between the US and Iran.The international market mirrored this caution, with spot gold prices declining marginally during the morning session. International spot gold finished down 0.11% to $4,136.20 per ounce. Silver also experienced a slight decline, trading 0.16% lower at $60.65 per ounce on Comex.Global Spot Market Reflects Tensions The failure of the US-Iran ceasefire negotiations provided a headwind for precious...

Allcargo Global Limited Sells Comptech Solutions Subsidiary in Divestment DealAllcargo Global Limited has completed the sale of equity shares of its step-down subsidiary, Comptech Solutions Private Limited (CSPL), concluding a major divestment. The shares were sold to Transindia Real Estate Limited, identified as a Promoter Group Company, effective July 09, 2026, leading CSPL to cease being a subsidiary of Allcargo Global Limited.The transaction was agreed upon on July 01, 2026, with an expected completion date set for July 30, 2026. The consideration received from the sale amounts to approximately ₹24 cr. This payment relates to Contech Logistics Solutions Private Limited, which is the holding company of Comptech Solutions Private...

NHAI Affirms Linking Factor for WPI Conversion in User Fee Revision The National Highways Authority of India (NHAI) has clarified and confirmed the linking factor to be used for the revision of user fees across all existing contracts and concession agreements. The move solidifies the use of a specific linking factor to convert the Wholesale Price Index (WPI).According to updates received from Maple Infrastructure Trust, NHAI issued a circular on July 8, 2026, setting out the confirmed policy regarding this matter. This new directive states that the linking factor of 1.641 shall be retained. This factor is intended for linking the WPI series of 2004-05 to the WPI series of 2011-12 in the context of user fee revision across all existing...

SEBI Launches New Videos to Demystify Corporate Bond Market, Boost Investor Awareness The Securities and Exchange Board of India (SEBI) has significantly ramped up its efforts to deepen understanding of the corporate bond market. Collaborating with various Market Infrastructure Institutions (MIIs) and other market intermediaries, SEBI launched two new specialized investor awareness videos today. These resources are designed to enhance market literacy among investors.The launch event focused on promoting greater familiarity with fixed-income instruments. The new video content specifically addresses crucial areas of the bond ecosystem. It provides clarity on understanding credit rating systems. Furthermore, it demystifies the concepts...

TechD Cybersecurity Receives Purchase Orders from Partner, Securing Contracts Worth Over INR 1 Crore TechD Cybersecurity Limited has received three separate Purchase Orders related to the supply of managed cybersecurity and OEM-aligned support services. The aggregate value of these orders amounts to INR 1,03,54,500/- (Indian Rupees One Crore Three Lakh Fifty-Four Thousand Five Hundred only), inclusive of applicable GST.The orders were received on July 8 and July 9, 2026, from a Listed Cybersecurity System Integrator / Distribution Partner of TechD, which is operating as a channel partner for the company. These contracts pertain to providing managed services in the ordinary course of TechD's business operations.While the names of the...

Blue Jet Healthcare Completes QIP, Allocates 15.8 Million Equity Shares at ₹506 Per Share Blue Jet Healthcare Limited announced that its Investment and Finance Committee approved the closure of a Qualified Institutions Placement (QIP) of equity shares on July 9, 2026. The resolution details the allocation of 15,810,276 Equity Shares to eligible qualified institutional buyers.The approval by the company's committee covered several key aspects related to the placement process. The committee approved the closure of the Issue upon receipt of application forms and funds from the qualified institutional buyers. Furthermore, the committee adopted the Placement Document dated July 9, 2026, and finalized the confirmation of the allocation note...

Novelix Pharmaceuticals Ltd Completes Two Significant Equity Allotments, Increasing Capital BaseNovelix Pharmaceuticals Ltd announced the completion of two separate equity allotment events on July 9, 2026. The company issued shares through both a preferential issue to Promoter and Promoter Group members following warrant conversion, and a subsequent preferential issue to non-promoter investors. These transactions resulted in a notable increase in the company's paid up equity capital.The first transaction involved the allotment of 33,75,000 equity shares upon conversion of warrants available to promoter category individuals. The stock was allotted at an issue price of Rs 20 each, which included a premium of Rs 10 per share and had a...

Mitsu ChemPlast Sets Record Date and Book Closure Dates Ahead of Annual General Meeting Mitsu Chem Plast Ltd has announced key dates related to the payment of dividend and the book closure period in advance of its 38th Annual General Meeting. The company confirmed the record date for the dividend, should it be approved by shareholders at the upcoming AGM.The record date for the purpose of the dividend payment is set as Friday, July 24, 2026.The Register of Members and Share Transfer Book closure period has been defined to encompass the Annual General Meeting. The company stated that its book closure will run from Saturday, July 25, 2026, through Friday, July 31, 2026.This period is designated for the conduction of the 38th Annual...

Arman Holdings Ltd Confirms Compliance Status with Regulatory Requirements for Quarter Ended June 30, 2026 Arman Holdings Limited has confirmed its adherence to regulatory requirements concerning qualified personnel and share transfer services for the quarter ending June 30, 2026. The company's compliance structure details were reported in relation to both Regulation 6(1) and Regulation 7(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The management confirmed that Arman Holdings Limited is compliant with the stipulated requirements for the specified quarter.Key corporate roles ensuring compliance are detailed as follows:RequirementAppointed Individual/EntityQualified Company Secretary &...

NCLT Allows Demerger Scheme: Jubilant Agri and Consumer Products Limited Initiates Corporate Restructuring The National Company Law Tribunal (NCLT) granted approval for a proposed Scheme of Arrangement concerning the demerger between JUBILANT AGRI AND CONSUMER PRODUCTS LIMITED and JUBILANT AGRI SOLUTIONS LIMITED. The order, pronounced on July 08, 2026, outlines specific directions regarding subsequent shareholder and creditor meetings.The NCLT directed that the company (JACPL) must convene meetings for its Equity Shareholders and Unsecured Creditors. Significantly, the Tribunal dispensed with the requirement to hold a meeting of Secured Creditors of JACPL. Furthermore, the order stipulated the dispensation of meetings for all...

NCLT Directs Meetings for Shareholders of Demerged Jubilant Agri as Part of Scheme of Arrangement The National Company Law Tribunal (NCLT), Allahabad Bench, has issued directions regarding the ongoing demerger scheme involving Jubilant Agri and Consumer Products Limited (JACPL) and Jubilant Agri Solutions Limited (JASL). The NCLT order, dated July 08, 2026, mandates specific meetings for certain stakeholders while dispensing with others as part of the proposed arrangement.The scheme involves the demerger of the Agri Business of JACPL into JASL. The Tribunal directed that the meeting of Equity Shareholders and Unsecured Creditors of JACPL must be convened. Furthermore, the NCLT dispensed with the requirement to hold a meeting for the...

Expleo Solutions Ltd Board Approves AGM Details and Decides Against Dividend DeclarationThe Board of Directors of Expleo Solutions Limited, following its meeting held on July 09, 2026, announced several key corporate decisions regarding the company's immediate future and shareholder meetings.Addressing matters related to resource conservation and growth strategy, the Board members decided not to declare a dividend. This decision was taken with the aim of conserving resources and ensuring they can be utilized effectively for achieving market opportunities and driving organizational growth.In preparation for its Annual General Meeting (AGM), the company specified key dates related to shareholder processes. The AGM has been proposed...

Srigee Dlm Ltd Enters Agreement to Sell Registered Office Property for ₹2.53 Crores Srigee Dlm Ltd (formerly SRIGEE DLM PRIVATE LIMITED) has entered into an agreement for the disposal of its registered office property located in Greater Noida. The sale involves the property that currently serves as the company's administrative base.The total sale consideration for the immovable property, situated at Plot No. 434, Udyog Kendra 2, Ecotech 3, Greater Noida, has been set at ₹2,53,00,000/- (Rupees Two Crore Fifty-Three Lakhs Only). The buyer in this transaction is Syntyche Tradex Enterprises (OPC) Private Limited.The sale constitutes a Related Party Transaction. Details indicate that Ms. Richa Singh, Director of Syntyche Tradex...

Expleo Solutions Limited Board Approves Key Decisions, Declines Dividend Declaration Expleo Solutions Limited’s Board of Directors concluded a meeting on Thursday, July 09, 2026, during which several material decisions were approved, including the scheduling of its Annual General Meeting (AGM) and setting guidelines for share transfer book closure.The Board proposed that the company's AGM be held on Wednesday, August 26, 2026. The meeting is scheduled to take place via Video Conference or Other Audio-Visual Means.In preparation for the AGM, the directors determined that the Share Transfer Books and the Register of Members will be closed from Wednesday, August 19, 2026, through Wednesday, August 26, 2026 (both days inclusive)...

Dhampur Bio Organics Acquires 74% Stake in DBION Private Limited Dhampur Bio Organics Limited has completed the acquisition of a significant stake in DBION Private Limited, which was formerly known as Sonitron Chemicals Private Limited. The move establishes DBION as both a subsidiary and a joint venture company under an agreement with Orgonew Private Limited.The acquisition involved purchasing 7400 equity shares at a rate of Rs. 10 each, amounting to a total investment of Rs. 74,000. This transaction grants Dhampur Bio Organics Limited 74% of the paid-up equity share capital in DBION Private Limited.Consequent to this strategic acquisition, DBION Private Limited is positioned as a joint venture company with Orgonew Private Limited...

Oil Prices Edges Lower as Supply Risks Mount Amid US-Iran Tensions; Analysts Point to Long-Term Gains Despite immediate softness in early trading, oil prices are set for a strong weekly rally due to persistent geopolitical supply risks. Crude markets saw minor dips on Friday after intense diplomatic strain continued between the United States and Iran. The underlying fear of a major escalation remains firmly rooted, supporting long-term upward trajectory forecasts across crude types.Geopolitical Tensions Strain Ceasefire Between US and Iran The delicate truce between Washington and Tehran was significantly strained following military actions on Thursday. Iranian armed forces reportedly launched attacks targeting U.S. military...

Power Grid Secures Crucial TBCB Transmission Project, Boosting Market Focus on Infrastructure Play State-owned Power Grid Corporation of India is poised for renewed market scrutiny after successfully emerging as the chosen bidder in a Tariff Based Competitive Bidding (TBCB) route. The corporation secured this significant contract for an inter-state transmission project, signaling robust demand and expanding opportunities within the power infrastructure sector.The company received the Letter of Intent (LoI) on July 9th concerning the large-scale undertaking. This crucial project is slated for implementation entirely on a Build, Own, Operate and Transfer (BOOT) basis, underscoring the long-term commitment required from Power Grid...