Markets

Regency Fincorp Receives BSE Listing Approval for Equity Shares Issued Through Warrant Conversion Regency Fincorp Ltd, formerly known as Regency Investments Limited, has secured listing approval from the Bombay Stock Exchange (BSE) for a tranche of equity shares. The approval relates to 58,62,879 equity shares that were issued following the conversion of warrants allotted on a preferential basis to NonPromoter/Public Category shareholders.The company successfully navigated the process and received the listing clearance from BSE Limited on July 8, 2026. This milestone allows the newly converted shares to be traded in the market.The equity shares were issued with a face value of Rs. 10/- each, and they carry a premium of Rs. 12/- per...

Jagsonpal Pharmaceuticals Completes Equity Acquisition of Aequitas Healthcare Jagsonpal Pharmaceuticals Ltd has finalized the acquisition of a significant equity stake in Aequitas Healthcare Private Limited. The company confirmed that it has successfully acquired 77.21% of the equity in Aequitas.The acquisition marks an update to Jagsonpal's investment strategy, as the finalized percentage is slightly less than the originally proposed level. Against the initially proposed acquisition target of 85% equity stake in Aequitas, Jagsonpal Pharmaceuticals Ltd has completed the purchase of a 77.21% equity share.JAGSNPHARM Stock Price Movement Jagsonpal Pharmaceuticals Limited shares today slipped by 4.16% to settle at ₹228.73, closing down...

Bombay Wire Ropes Ordered to Pay Compensation Following Industrial Court Decrees Bombay Wire Ropes Ltd has been notified of two orders from industrial courts in Maharashtra regarding long-standing labor disputes. The company was directed to pay compensation based on rulings issued by both the Industrial Court and the Industrial Tribunal, both dated January 24, 2026.The orders concern alleged unfair labour practices and unjustified factory closures that occurred between 1995 and 2006. These decisions stipulate that the company must pay a lump sum compensation of Rs. 1,00,000/- per year per workman. The details of these court actions, including the alleged violations and associated timelines, are as follows:AuthorityOrder...

Advanced Enzyme Technologies Reports on Sustainability and Governance for FY25-26; Highlights R&D Investments and Environmental Initiatives Advanced Enzyme Technologies Limited (AETL) has released its Business Responsibility and Sustainability Report (BRSR) covering the financial year 2025-26. The report provides a detailed look into the company's operations, ESG performance, and commitment to sustainable practices across its global supply chain.As of March 31, 2026, AETL reported paid-up capital of ` 223.85 million. The company is involved in manufacturing chemical and chemical products, pharmaceuticals, medicinal chemical, and botanical products, with enzymes and probiotics forming the primary source of turnover at 100%...

Silver Premiums Skyrocket! Import Curbs Drive Global Shortages as India's Supply Chain Reaches Breaking Point India’s strict controls on silver imports have severely restricted the flow of material into one of the world's largest consumer markets. This scarcity has driven local premiums to multi-month highs, despite domestic demand not being overwhelmingly strong. The tightening supply chain is creating significant pressure, forcing dealers to price silver at a premium substantially higher than international benchmarks.Surging Silver Premiums Amid Supply Crunch Silver premiums over official domestic prices surged this week, reaching $6.5 per ounce. This figure represents more than 10% above the benchmark global prices. This steep rise...

Godrej Properties Releases Sustainability Report, Highlights Focus on Environmental Stewardship and Employee Well-being Mumbai: Godrej Properties Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report details the company’s commitment to sustainable practices across its real estate development operations, covering environmental performance, social impact, and governance oversight.The report confirms that all of Godrej Properties’ business activities are dedicated to the development of residential projects, representing 100% of the entity’s turnover. This dedication is supported by a robust governance framework, including an ESG Committee comprising four directors...

Recode Studios Invests in Step-down Subsidiary Three O Verse Global IT Services L.L.C. Recode Studios Ltd has invested in its step-down subsidiary, Three O Verse Global IT Services L.L.C., providing necessary funding for working capital requirements of the entity. The investment was completed on July 06, 2026, involving a cash consideration amounting to AED 38.43 Lakh, which is equivalent to Rs. 10.08 crores.Three O Verse Global IT Services L.L.C., which is a wholly owned subsidiary of Ticker Limited (a subsidiary of Recode Studios), received the investment in exchange for 3843 equity shares, each valued at AED 1000/-. The transaction was conducted on an arm's length basis and falls under the category of related party transactions...

Strategic Investment in IT Subsidiary: 63 Moons Technologies Limited Completes Share Allotment Transaction A investment by Ticker Limited, a subsidiary of 63 moons technologies limited, has been finalized into Three O Verse Global IT Services L.L.C., a wholly owned subsidiary of Ticker and a step down subsidiary of the parent company. The transaction involved the allotment of equity shares to Ticker on July 06, 2026.The details confirmed that Three O Verse Global IT Services L.L.C. received 3843 equity shares from the allotted stock. Each share was valued at AED 1000, with the total cost being equivalent to Rupees 10.08 crores. This cash consideration transaction was conducted at par and is intended to meet the working capital...

Gold Plunges Amid Geopolitical Turmoil; Higher Crude Prices and Strong US Dollar Dent Precious Metals Gold futures registered a significant slide in domestic markets on Wednesday, trading lower due to rising crude oil prices and the strengthening of the US dollar. The precious metal saw losses as global market sentiment soured amid escalating tensions across West Asia.Domestic Gold Market Plummets Amid Oil Price Spike On the Multi Commodity Exchange (MCX), gold for August delivery declined by Rs 2,308, marking a drop of 1.59 per cent. The rate fell to Rs 1,43,084 per 10 grams in that session.The decline occurred within a substantial business turnover of 10,440 lots. Traders cited the rally in crude oil rates as a primary catalyst...

Rupee Plummets as Global Tensions Escalate: Currency Tanks Amid Geopolitical Storm and Oil Price Surge The Indian rupee witnessed a sharp decline on Wednesday, settling at 95.55 against the US dollar. This significant movement was driven by escalating geopolitical tensions following strikes launched by the United States against Iran. The currency also absorbed pressure from surging crude oil prices, which subsequently strengthened the US dollar.Forex Market and Currency Dynamics The rupee opened weaker in the interbank foreign exchange market compared to its previous session. It traded within a range of 94.98 to 95.61 during the trading day before finalizing at 95.55 (provisional). This represents a drop of 59 paise from the prior...

Omaxe Ltd Announces Resignation of Senior Management Personnel Mr. Shivaji Patil Omaxe Ltd has announced that Mr. Shivaji Patil has resigned from his position as Vice President-PMO and Senior Management Personnel. The resignation, effective July 08, 2026, is attributed to personal reasons.The departure details concern the cessation of a key senior management role within the company.Details regarding the change in personnel are provided below:ParticularsDetailsReason for ChangeResignationLast Working Day with CompanyJuly 08, 2026The resignation marks a transition within Omaxe Ltd's senior management team.OMAXE Stock Price Movement Shares of Omaxe Limited shed 3.73% today after trading in the post-market session...

Gold Futures Plummet As Crude Oil Surge and Strong Dollar Dampen Precious Metal Appeal Gold Prices Decline Amid Geopolitical Tension and Commodity Shifts Gold futures witnessed a significant decline in domestic markets on Wednesday, tracing losses seen across global financial exchanges. The yellow metal for August delivery traded lower by Rs 2,308, marking a fall of 1.59 percent. It settled at Rs 1,43,084 per 10 grams during a business turnover of 10,440 lots on the Multi Commodity Exchange.This downturn in domestic gold prices was attributed to rising crude oil rates. These oil price increases were exacerbated by fresh geopolitical tensions emerging in West Asia. The combination of these factors led investors to reduce their exposure...

63 Moons Technologies Ltd's Subsidiary Makes Investment in Three O Verse Global IT Services L.L.C. A subsidiary of 63 Moons Technologies Limited has completed an investment in Three O Verse Global IT Services L.L.C., a wholly owned subsidiary, to meet the working capital requirements of the entity.The transaction was finalized on July 06, 2026. During this process, Ticker Limited, which is a subsidiary of 63 Moons Technologies Ltd., allotted 3843 equity shares of AED 1000/- each to Three O Verse Global IT Services L.L.C. The total cost of the investment was AED 38.43 Lakh, equivalent to Rs. 10.08 crores and was executed as a cash consideration at par.Three O Verse Global IT Services L.L.C. functions as a step-down subsidiary of 63...

TVS Motor and Indian Oil Partner to Boost Sustainable Last-Mile LPG Distribution Across India Coimbatore, July 8, 2026: TVS Motor Company and Indian Oil Corporation Limited (IndianOil), India's largest integrated energy company, have formed a strategic partnership aimed at accelerating sustainable last-mile LPG cylinder distribution across the country. This collaboration brings together the commercial mobility expertise of TVS Motor with the extensive distributor network managed by IndianOil.As part of this initiative, TVS Motor Company will deploy the TVS King Kargo HD vehicles to service IndianOil's network of over 13,000 LPG distributors nationwide. The partnership is designed to transition towards cleaner and more efficient LPG...

Reliance Industrial Infrastructure Ltd Schedules Board Meeting to Review Quarterly Results Reliance Industrial Infrastructure Ltd has scheduled a meeting of its Board of Directors to review the financial performance for the quarter ending June 30, 2026.The Board Meeting is slated to take place on Wednesday, July 15, 2026. The primary agenda item for this session includes the consideration and formal approval of both the Standalone and Consolidated Unaudited Financial Results of the Company.RIIL Stock Price Movement Reliance Industrial Infrastructure Limited shares slipped today, closing at ₹782.25 after the equity shed 2.85% of their value. The stock saw a total traded volume of 59,774 shares during the session.

Man Infraconstruction Subscribes to Equity Shares in Terminal Operator for Paradip Port Project Man Infraconstruction Limited has subscribed to a significant stake in Yogayatan Paradip SQB Terminal Private Limited, a newly incorporated entity dedicated to developing essential port infrastructure at Paradip Port in Odisha. The investment provides Man Infraconstruction with the capacity to undertake complex engineering and operational roles concerning the multipurpose berth terminal project.The acquisition involves subscribing 13,00,000 Equity Shares of Yogayatan Paradip SQB Terminal Private Limited at a cost totaling Rs. 1,30,00,000/-. This transaction accounts for a 26% stake in the target company’s total issued and paid-up share...

Aditya Infotech Faces Arbitration Claim from Avathon and SparkCognition over Product Resale Agreement Aditya Infotech Limited has been notified that it is facing arbitration proceedings initiated by Avathon, Inc., and SparkCognition India Private Limited. The dispute relates to an agreement wherein the company proposed to purchase and resell certain products belonging to the opposing entities.The request for Arbitration was submitted on May 28, 2026, before the International Chamber of Commerce (ICC) in New York, USA. Avathon, Inc., based in Austin, Texas, and SparkCognition India Private Limited, located in Bengaluru, are the parties that have initiated arbitration proceedings against Aditya Infotech.The dispute centers on an...

V2 Retail Releases Business Responsibility and Sustainability Report for FY 2025-26, Highlighting Operational Scale and Ethical Commitment V2 Retail Ltd. has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, providing a comprehensive overview of the company's operations, social commitments, and adherence to ethical standards across its retail business units. The report underscores V2 Retail’s role as a fast-growing value fashion retailer operating predominantly in Tier II and Tier III cities across India.The Company maintains a substantial physical presence nationwide, with 325 stores and two offices dedicated to national operations. V2 Retail focuses entirely on apparel and general...

Indbank Merchant Banking Services Ltd Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Indbank Merchant Banking Services Limited has announced its unaudited financial results and the 'Limited Review Report' for the quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held on July 8, 2026.The company's performance data covers revenue from operations, total income, expenses, and earnings per share (EPS) for the specified period.Financial Performance Highlights (in Rs. Lakhs) The unaudited financial results show significant figures across various operational areas. Revenue from operations stood at 690.35 lakhs for the three months ended June 30, 2026, compared to 668.79 lakhs...

Bhupendra Varasada Resigns from Senior Managerial Position at Dharmaj Crop Guard Ltd Dharmaj Crop Guard Ltd has announced that Mr. Bhupendra Varasada has tendered his resignation from his position as a Senior Managerial Personnel with the company. His resignation is effective immediately as of July 08, 2026.The change in personnel stems from Mr. Varasada’s decision to pursue a new career opportunity.Details regarding the change in managerial staff are provided below:NameDate of ResignationPositionReason for ChangeMr. Bhupendra VarasadaJuly 08, 2026Senior Managerial Personnel / Head of Operations & Supply Chain UnitPursue a new career opportunity in another organizationMr. Varasada formally resigned from the role of Head...