Markets

PLI Scheme Accelerates Growth in Textiles; Technical Sector Leads as 170 Companies Get Approved The government's Production Linked Incentive (PLI) Scheme is demonstrating significant momentum within India's textile industry, according to recent updates. A total of 170 companies have received approval for participation under the scheme, covering three major segments: Man-Made Fibre (MMF) Apparel, MMF Fabric, and Technical Textiles.The impressive sectoral distribution highlights a strong strategic focus on advanced materials, with Technical Textiles securing the largest share of approved participants at 89 companies. This segment is crucial for driving high-value industrial modernization within the sector.Sectoral Snapshot and Company...

Baid Finserv Limited to Hold Board Meeting to Approve Q2 Results and Review Dividend Proposal Baid Finserv Limited has scheduled a meeting of its Board of Directors for Thursday, August 13, 2026. The meeting is set to review key operational decisions, including the un-audited financial results for the quarter ending June 30, 2026, and consider major corporate changes.The agenda items for the board include considering and approving the Un-Audited Financial Results of the company for the Quarter ended on June 30, 2026. The board will also take on record the Limited Review Report related to these results. Furthermore, the meeting is scheduled to recommend a Final Dividend on the equity shares of the company for the Financial Year...

Nestlé India Highlights Growth Trajectory, Citing Premiumization Drive and Digital Investment in Investor Meet Nestlé India Limited outlined its robust growth journey and strategic focus areas during an Analyst and Institutional Investors Meet held on August 4, 2026. Mr. Manish Tiwary, Chairman and Managing Director of Nestlé India, led the presentation, detailing the company's market penetration, operational efficiencies, and commitment to future expansion in the rapidly evolving Indian consumer landscape.The company showcased consistent revenue growth while emphasizing the move toward premiumization as a key driver for future business expansion. The meeting provided insight into Nestlé’s widespread presence in India, noting that its...

Ashwini Container Movers Reports Strong Financial Growth as it Focuses on Asset-Led 2PL ModelAshwini Container Movers Limited (ACMPL), an asset-led second-party logistics (2PL) operator, has highlighted its strategy focused on building a structurally strong logistics platform through centralized fleet ownership and operational efficiency. ACMPL focuses on containerised cargo movement across India’s key EXIM corridors, positioning itself as a logistics platform rather than a traditional transport intermediary.The company employs a structured port-led operating model, maintaining a significant presence at both JNPT (Nhava Sheva), noted as India's largest container port handling 6.0 to 6.5 million TEUs annually and holding a share of...

RITES Limited Announces Interim Dividend as Q1 Results Exceed Expectations RITES Limited announced its Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also declared a first interim dividend for the financial year 2026-27, following a Board meeting held on August 4, 2026.The company’s management approved the results which were reviewed by the Audit Committee.Dividend Declaration and Timeline At the board meeting, RITES Limited declared a first interim dividend for the Financial Year 2026-27 at a rate of ₹1.40 per share (representing 14% of the paid-up share capital).The record date for the payment of this interim dividend has been set for Monday, August 10, 2026. The...

Zenith Exports Ltd Schedules Board Meeting to Review Quarter Ended June 2026 Results Zenith Exports Ltd has scheduled a meeting of its Board of Directors to review and approve the Unaudited Financial Results for the quarter ended so' June'26. The company also provided an update regarding its trading window status as per internal codes designed to prevent insider trading.The Board meeting is slated to take place on Wednesday of August '26 at 03:45 p.m. during which the Unaudited Financial Results for the Quarter ended so' June'26 are expected to be considered, approved, and taken on record by the Directors.In addition to the board function, Zenith Exports Ltd confirmed details regarding its trading window restrictions. As per the...

Magadh Sugar & Energy Limited Board Approves Unaudited Results; Appoints Lt General Rakesh Kapoor as Independent Director Magadh Sugar & Energy Limited announced that its Board of Directors, at a meeting held on August 4, 2026, considered and approved the unaudited financial results for the quarter ending June 30, 2026. The board also sanctioned the appointment of Lieutenant General Rakesh Kapoor (Retd.) as an Additional Independent Director.The Company released its quarterly financial performance data, alongside a Limited Review Report conducted by Chartered Accountants BSR&Co. LLP. The results provide insight into the operational status and financial standing across the company's segments: Sugar, Distillery, and Co-generation.Key...

EIH Associated Hotels Limited Completes Tenure of Independent Director Mr. Surin Shailesh Kapadia EIH Associated Hotels Limited has confirmed the completion of the tenure of Mr. Surin Shailesh Kapadia, who served as an Independent Director at the company.The Board of Directors noted that Mr. Kapadia completed his term as an Independent Director effective from the close of business hours on 04 August 2026.Details regarding the change in directorship are as follows:ParticularsDetailsReason for ChangeCompletion of tenure as an Independent DirectorDate of Cessation04 August 2026EIHAHOTELS Stock Price Movement As of 1:23 PM, shares of EIH Associated Hotels Limited are slipping by 1.04% in live trading, currently priced at...

Creative Newtech Fixes Record Date and Schedules 22nd Annual General MeetingCreative Newtech Limited announced key outcomes following its Board of Directors meeting held on August 4, 2026. The board reviewed and approved the notice for the company's upcoming 22nd Annual General Meeting (AGM) for the financial year ended March 31, 2026.The AGM is scheduled to be convened on Wednesday, September 30, 2026, at 11:00 AM. The meeting will be conducted online via Video Conferencing (VC) from the company's Registered Office.In connection with shareholder entitlements, the Board of Directors fixed Wednesday, September 23, 2026, as the Record Date. This date is designated for determining the entitlement of shareholders to receive the final...

IFB Industries Limited Regrets Demise of Non-Executive Director Ashok Bhandari IFB Industries Limited has announced the unfortunate passing of Mr. Ashok Bhandari, a Non-Executive Director of the company. His demise was reported to have occurred on August 3, 2026.Following the tragic news, IFB Industries confirmed that Mr. Bhandari immediately ceased to be a Director on the Board and in all other Committees of the Company from the date of his passing.The company expressed deep regret over the unexpected demise of Mr. Ashok Bhandari (DIN: 00012210). The Directors and employees of IFB Industries offered their condolences to his family, stating that his loss represents an irreparable blow to the company.IFBIND Stock Price Movement As...

Creative Newtech Limited Board Approves Up To 2 Lakh Employee Stock Options Under New ESOP Scheme Creative Newtech Limited has approved the CREATIVE Employee Stock Option Scheme -2026, granting up to 2,00,000 stock options to eligible employees of the company and its group entities. The scheme is designed to incentivize staff across all levels and locations.The approval allows for the grant of these Employee Stock Options (ESOPs) to employees of Creative Newtech Limited, as well as its subsidiary, associate, or group companies operating both in India and outside India.The CREATIVE ESOP Scheme 2026 is subject to final shareholder approval at the upcoming Annual General Meeting (AGM) and must adhere to SEBI (Share Based Employee...

HLV LIMITED Announces Board Meeting Outcomes, Releases Q1 2026 Unaudited Financial Results HLV Limited has announced the outcomes of its Board of Directors meeting held on July 28, 2026. The company released its unaudited financial results for the first quarter ending June 30, 2026, and fixed key dates related to the upcoming Annual General Meeting (AGM).Q1 Financial Performance Review The Board reviewed the Unaudited Financial Results for the quarter ended June 30, 2026. The results have been approved by the Audit Committee of the Board.Key financial highlights from the unaudited results are presented below:ParticularsQuarter Ended 30-Jun-26 (Rs. in lakhs)Quarter Ended 31-Mar-26 (Rs. in lakhs)Year ended 31-Mar-25 (Rs. in lakhs)...

Sunrest Lifescience Fixes Record Date for Rights Issue Sunrest Lifescience Limited has announced the record date pertaining to its upcoming Rights Issue, allowing existing shareholders eligibility for new equity shares.The company fixed Monday, August 10, 2026, as the official record date for all eligible stakeholders. This date determines which shareholders are entitled to receive the Rights Equity issue.The Rights Issue allows every one fully paid-up Equity share held by an eligible shareholder in Sunrest Lifescience Limited to be converted into a Rights Equity share. The new equity shares have a face value of Rs. 10/- (Rupees Ten Only).SUNREST Stock Price Movement As of 1:17 PM, Sunrest Lifescience Limited shares hover around...

Sunrest Lifescience Announces Right Issue of Equity Shares with Specific Timeline Sunrest Lifescience Limited has announced a rights issue of equity shares, providing existing shareholders an opportunity to participate in the company’s growth. The board meeting held on August 4, 2026, approved the terms and timeline for this corporate action.The eligibility for the rights issue is set by a record date of August 10, 2026. The public offer period begins with the Issue Open Date scheduled for August 18, 2026. Shareholders will have until August 28, 2026, as the Last Date for On Market Renunciation of the Right Entitlement. The issue is slated to close on September 2, 2026.The terms and financial structure of the rights issue are...

Royal Arc Electrodes Sets Record Date for Entitlement of Final Dividend on Equity SharesRoyal Arc Electrodes Limited has fixed a record date for determining the entitlement of its members concerning the payment of the final dividend for the financial year ended March 31, 2026. The company announced that Friday, August 21, 2026, has been designated as this record date.The final dividend is conditional upon approval by the shareholders at the forthcoming Annual General Meeting (AGM). The AGM is scheduled to take place on Friday, August 28, 2026, starting at 10:00 a.m. The meeting will be held at K9, Sonal Heavy Industrial Estate, Link Road, Malad West, Mumbai 400064.Following the AGM, if the dividend is approved by the members, it...

JioBlackRock Launches Landmark Nifty 50 ETF to Capture India's Growth Story JioBlackRock Asset Management has successfully launched its inaugural exchange-traded fund (ETF), the JioBlackRock Nifty 50 ETF. This launch marks a significant entry into India’s expanding passive investment market for the joint venture. The New Fund Offer (NFO) commenced on August 4 and is scheduled to close on August 11.The new ETF aims to provide investors with exposure to India's top 50 listed companies via one single, consolidated investment product. It will precisely track the performance of the Nifty 50 Index, which stands as a crucial benchmark for Indian equity markets.Why This ETF Matters for Investors As of March 30, 2026, the Nifty 50 Index...

Styrenix Performance Materials Announces Interim Dividend After Q1 Results Styrenix Performance Materials Limited announced the declaration of an interim dividend for the financial year 2026-27 following its Board meeting held on August 4, 2026. The company also approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026.The Board meeting determined that an interim dividend of Rs. 23 (representing 230%) per equity share of Rs. 10 each would be paid for F.Y. 2026-27. The record date for determining members eligible to receive the interim dividend has been set as Monday, August 10, 2026.Q1 Financial Performance Highlights Styrenix reported its unaudited standalone and consolidated...

Creative Newtech Announces Q1 Financial Results and Approves ESOP Scheme Creative Newtech Limited announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. During a Board meeting held on August 4, 2026, the company also approved the CREATIVE Employee Stock Option Scheme (ESOP) 2026, which grants up to 2,00,000 stock options to eligible employees.Q1 Financial Performance The financial results showed revenue growth across the company's segments for the quarter ended June 30, 2026. The performance metrics for both standalone and consolidated entities are summarized below.Unaudited Standalone Results (Quarter Ended June 30, 2026):ParticularsValue (Rs. in Lacs)Revenue from...

Havells India Appoints Mr Sandeep Sehgal as Executive Vice President – Sales Lloyd Havells India Limited has announced the appointment of Mr Sandeep Sehgal to the role of Executive Vice President - Sales Lloyd, effective August 4, 2026. This executive leadership move underscores the company's focus on strengthening its sales and market strategy.Mr Sehgal brings extensive experience across product strategy, sales and marketing, business development, channel management, and team leadership, spanning more than 25 years in the industry. His professional background includes significant tenures with major multinational corporations.Prior to joining Havells, he spent ten years working with Panasonic in various sales capacities. His earlier...

South Korea Imposes Tighter Rules on Leveraged ETFs as Retail Trading Surge Cools Volatility Concerns South Korean authorities are stepping up regulatory scrutiny over leveraged investment products after retail trading activity in single-stock leveraged exchange-traded funds (ETFs) showed signs of cooling, following a period of excessive speculative demand. Finance Minister Koo Yun-cheol confirmed that the government is committed to market stability and will quickly implement stricter restrictions designed to rein in high-risk trading behaviors.The enhanced regulations follow an earlier series of rules regulators deemed insufficient to manage the surge in retail participation within these volatile products. The financial market...