Markets

SML Mahindra Reports Sales Figures for Trucks and Buses in July 2026 SML Mahindra Limited, focusing on its Trucks and Buses division, has reported its sales figures for July 2026 and for the cumulative period of April-July 2026. The data shows varied performance across cargo and passenger vehicle categories compared to the corresponding periods in 2025-26.The company's monthly sales performance for July 2026, comparing current figures against July of the previous fiscal year (2025-26), is detailed below:CategoryJuly 2026July 2025-26Percentage ChangeCargo Vehicles417449-7%Passenger Vehicles118697821%Total1603142712%The data indicates that while the total sales volume increased by 12% in July, cargo vehicle sales saw a...

Himatsingka Seide Limited Sends Email Advising Shareholders Regarding Unclaimed Dividends Himatsingka Seide Limited has informed shareholders via email communication regarding dividend payments that remain unclaimed or un-encashed by the company. The notification was issued on July 31, 2026.The company's email addresses shareholders whose dividends are still outstanding, advising them to claim and encash these payments. Shareholders are instructed to submit a complete and appropriate request to Himatsingka Seide Limited to receive their unpaid dividend(s).HIMATSEIDE Stock Price Movement Shares of Himatsingka Seide Limited slipped 0.28% on Friday to settle at ₹79.23. The equity saw trading action within a session range of ₹79.01 and...

UFLEX Achieves Commercial Production for New Manufacturing Facility in Mexico UFLEX Limited has announced the successful commencement of commercial production at its new manufacturing facility established by its wholly owned subsidiary, Uflex Woven Bags, SA.The company confirmed that the operational milestone was achieved on 31 July 2026. This facility is part of the expansion activities previously communicated regarding the setup of the new manufacturing unit.Upon achieving commercial production, the facility has an installed capacity of 80 million bags per annum.UFLEX Stock Price Movement Shares of UFLEX Limited slipped by 0.97% on Friday, settling the session at ₹470.65 after an intraday period defined by a high of ₹476.7 and a...

Sarveshwar Foods Addresses Financial Results Delay, Reports Compliance with Exchange Fines Sarveshwar Foods Limited, on July 31, 2026, announced that its Board of Directors had taken note of regulatory non-compliance pertaining to the submission of audited financial results for the quarter and financial year ended March 31, 2026. The company confirmed it had paid the fines levied by both the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange of India (BSE).The Board meeting addressed the matter following communications received from the exchanges regarding non-compliance with listing requirements. Sarveshwar Foods stated that the delay in submitting the consolidated audited financial results was primarily...

NIIT Learning Systems' Subsidiary Faces Tax Demand in Washington State Over Excise Audit NIIT Learning Systems Limited has reported that its wholly owned subsidiary, NIIT (USA) Inc., received an audit report and notice of balance due from the Department of Revenue, State of Washington, United States of America. The findings relate to a conclusion of an excise tax audit covering the period January 1, 2022, to December 31, 2025.The department issued the documents on July 30, 2026, which were received by the company on July 31, 2026. The resulting demand raises an aggregate amount of USD 600,303.50 for NIIT (USA) Inc., relating to Washington State Business & Occupation tax and Retail Sales tax classifications.The total demand comprises...

LG Balakrishnan Approves Major Strategic Ventures, Including Subsea Manufacturing Joint Venture and Vietnam Subsidiary Formation LGB Balakrishnan & Bros Limited has approved several major strategic ventures following a Board meeting held on July 31, 2026. The decisions include establishing a joint venture for precision subsea component manufacturing in Singapore and committing to the incorporation of a wholly-owned subsidiary in Vietnam. Furthermore, the company approved a Memorandum of Agreement (MoA) for a land development project in Mysore, Karnataka.The Board also reviewed and approved the audited Standalone and Consolidated financial results for the quarter ended June 30, 2026. Statutory auditors confirmed that these standalone...

IndiGo Discontinues Wide-Body Operations, Concludes Damp Lease with Norse Atlantic AirwaysNational, 31 July 2026: InterGlobe Aviation Limited (IndiGo) has announced that it will discontinue its wide-body operations in response to a challenging operating environment caused by ongoing geopolitical tensions and rising costs. The airline confirmed the conclusion of its damp lease agreement with Norse Atlantic Airways, effective October 31, 2026.Effective October 25, 2026, IndiGo will transition services between Mumbai and Amsterdam, previously covered by the wide-body operations, to be operated using its Airbus A321XLR fleet. Furthermore, the airline will temporarily suspend services to and from London Heathrow until such time as their...

Artemis Medicare Services Appoints Dr. Girdhar Jessaram Gyani as Independent Director Artemis Medicare Services Limited has announced that its members approved the appointment of Dr. Girdhar Jessaram Gyani as an Independent Director. The decision was finalized at the company's 22nd Annual General Meeting held on July 31, 2026.Dr. Girdhar Jessaram Gyani (DIN: 05169157) will serve in the capacity of Independent Director for a period of three consecutive years, effective from August 1, 2026. Furthermore, it was confirmed that Dr. Gyani is not debarred from holding the directorship by SEBI or any other relevant Authority.The company provided detailed information regarding the appointment and qualifications of Dr. Gyani. His profile...

Gland Pharma Reports Sustainability Milestones in Pharmaceutical Operations for FY2025-26 Gland Pharma Limited, a major player in the pharmaceutical industry, has published its Business Responsibility and Sustainability Report (BRSR) covering the financial year 2025-26. The report outlines the company’s operational scope, commitment to environmental stewardship, and social welfare initiatives across its manufacturing and research and development activities.The company remains committed to sustainable practices, particularly noting significant steps taken towards reducing its carbon footprint and improving resource efficiency in its manufacturing processes.Operational Scope and Market Reach Gland Pharma’s core business involves the...

Tokyo Plast International Limited Announce Resignation of Company Secretary and Compliance Officer Tokyo Plast International Limited has confirmed that Ms. Sonal Gandhi has resigned from the dual role of Company Secretary and Compliance Officer. The Board of Directors, at a meeting held on July 31, 2026, accepted her resignation, effective immediately following the conclusion of the board meeting.The change in personnel was noted by the company, with Ms. Sonal Gandhi holding membership number ACS-68341. The reason cited for the resignation is personal.Key details regarding this executive transition are summarized below:ParticularsDetailsName of Key Managerial Personnel (KMP)Ms. Sonal Gandhi (ACS-68341)Reason for...

Indus Towers Limited Stockholders Approve Appointment of Mr. Randeep Singh Sekhon as Director Indus Towers Limited announced that its members successfully approved the appointment of Mr. Randeep Singh Sekhon as a Director, liable to retire by rotation, following an E-voting process conducted in late July 2026.The resolution sought approval for the appointment of Mr. Randeep Singh Sekhon (DIN: 08306391) as a Director. The appointment was approved by members through the Postal Ballot, which utilized electronic voting methods over a period spanning June 30, 2026, to July 29, 2026.The E-voting results confirmed that the resolution had been passed with requisite majority. As per the summarized data, the outcome of the Ordinary Resolution...

NSE Grants In-Principle Approval for Maxvolt Energy Industries' ESOP Shares The National Stock Exchange of India Limited (NSE) has provided in-principle approval to Maxvolt Energy Industries Limited regarding the listing of equity shares intended for employees under the MEIL ESOP 2025.The approval covers a maximum of 820,726 equity shares of Maxvolt Energy Industries Limited, with each share having a face value of Rs 10/-.This approval pertains to the proposed issuance of these shares as part of the Employee Stock Option Plan (ESOP) for MEIL 2025.The details of the in-principle approval are summarized below:ParameterDetailCompany NameMaxvolt Energy Industries LimitedApproved Shares Limit820,726 Equity SharesFace Value...

National Aluminium Company Limited Announces Q1 Results, Recommends Dividend, and Appoints Cost Auditors National Aluminium Company Limited (NALCO) announced the outcome of its Board of Directors meeting held on July 31, 2026, releasing unaudited financial results for the quarter ended June 30, 2026. The Board also recommended a final dividend for the financial year 2025-26 and fixed the record date for the payment.The company's operational updates included the appointment of M/s. Tanmaya S. Pradhan & Co and M/s. S Dhal & Co as Cost Auditors for the financial year 2026-27.Financial Highlights (Quarter Ended June 30, 2026) The Board took on record the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended...

Aarti Drugs Limited Announces Major Leadership Changes; Rashesh C. Gogri Elevated to Chairman, Adhish P. Patil Appointed Managing Director Aarti Drugs Limited has announced significant changes in its board composition following a meeting held on July 31, 2026. The company confirmed the retirement of Shri Prakash M. Patil and outlined new appointments for key executive roles, including the elevation of Shri Rashesh C. Gogri as Chairman and the appointment of Shri Adhish P. Patil as Managing Director.The Board accepted the resignation of Shri Prakash M. Patil, who has served as Chairman, Managing Director, and Chief Executive Officer (CEO) since 2014. His retirement is effective from September 30, 2026. Shri Prakash M. Patil expressed...

BSE Grants Listing Approval for Emkay Global Financial Services Limited's Warrants Conversion Emkay Global Financial Services Limited has received listing approval from BSE Limited for a tranche of equity shares resulting from a preferential allotment and warrant conversion. The regulatory approval pertains to 1,00,000 equity shares issued at Rs 10 each.The allotment was granted to Mr Prakash Kacholia, identified as one of the Promoters of Emkay Global Financial Services Limited. This action involves the conversion of equivalent warrants that were originally issued on a preferential basis.The key details of the listing approval are summarized below:MetricDetailCompany NameEmkay Global Financial Services LimitedDate of...

Oriental Hotels Limited Appoints Venkatesh Rajagopal and Suraj Krishna Moraje as Independent Directors Oriental Hotels Limited has announced the appointment of Mr. Venkatesh Rajagopal and Mr. Suraj Krishna Moraje as directors, with both individuals serving in an independent capacity following approval at the company's Annual General Meeting held on July 30, 2026.The appointments grant both professionals a five-year term, commencing from May 05, 2026, and concluding on May 04, 2031.Key details regarding the newly appointed Independent Directors are summarized below:Director NameDINRoleTerm of AppointmentMr. Venkatesh Rajagopal00003625Independent, Non-Executive DirectorMay 05, 2026 to May 04, 2031Mr. Suraj Krishna...

CORONA Remedies Posts 30.1% Profit After Tax Growth in Q1FY27; Highlights Strategic Acquisitions and Facility Expansion CORONA Remedies Limited reported robust performance for the quarter ended June 30, 2026 (Q1FY27). The company achieved a Profit After Tax of ₹60.1 Crores, marking a 30.1% increase compared to Q1FY26, while Revenue from Operations reached ₹422.4 Crores, up 21.9%.The company continues to demonstrate strong market positioning, with reports indicating that CORONA is among the fastest-growing companies in the top 30 Pharma firms for both MAT June-26 and Q1 ended June-26, according to Pharmatrac. The company successfully renewed its EU-GMP certification for the Oral Solid Dosage facility at its Bhayla plant in May 2026 and...

PCBL Chemical Limited Penalized ₹6,08,400 by Haryana Excise Authority Over GST Violation PCBL Chemical Limited has been issued an order confirming a penalty of ₹6,08,400 concerning a Goods and Services Tax (GST) violation. The order was issued by the Office Of Assistant Excise And Taxation Officer in Sonipat, Haryana.The penalty relates to the detention of a vehicle during its movement. The company received the relevant notice or order on July 31, 2026.The GST infraction stems from the alleged movement of goods using incomplete documentation. The authority issued the confirmation order in DRC-07 dated 31-07-2026 under section 129(3) of the GST Act, 2017.A summary of the regulatory action is detailed below:ParticularsDetails...

Raymond Lifestyle Limited Reports Stable Q1 FY27 Results with 11% Growth in EBITDA Raymond Lifestyle Limited today released its unaudited financial results for the quarter ended June 30, 2026. The company demonstrated sustained momentum, reporting a Total Income of ₹ 1,560 Cr, marking a approximately 6% year-on-year (Y-o-Y) growth compared to ₹ 1,475 Cr in Q1 FY26.The results reflected strong international traction and domestic demand, with EBITDA reaching ₹ 135 Cr in Q1 FY27, an increase of 11% Y-o-Y, achieving an EBITDA margin of 8.6%, up from 8.2% in the prior year.Key Financial Performance Metrics The company reported robust performance across its business units, supported by a strong financial position. The key financial...

ICRA ESG Revisions Shriram Finance Limited Rating to 83, Citing Governance Gains and Green Finance Push Shriram Finance Limited (SFL) has seen its Environmental, Social, and Governance (ESG) Impact Rating increased by one point by ICRA ESG Ratings Limited. The company's rating was revised from 82 (Outstanding) to 83 (Outstanding), following a review of SFL’s sustainability disclosures and operational advancements, particularly in the areas of governance and environmental efficiency.The revision reflects SFL's sustained effort to integrate ESG considerations across its value chain and focus on sustainable financing initiatives.Rating SummaryMetricPrevious ScoreCurrent ScoreStatusESG Impact Rating82 (Outstanding)83...