Markets

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...

Clean Max Reports Q1 FY27 Financial Results, Highlighting 31% Growth in Operational Power Sales Capacity Clean Max Enviro Energy Solutions Limited has reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company demonstrated robust operational growth, with a significant increase in contracted and commissioned renewable energy capacity across various states, while maintaining strong profitability margins in both RE Power Sales and RE Services segments.The Board of Directors approved the Q1 FY27 financial results, detailing substantial advancements in the company's asset portfolio and market penetration.Operational Milestones and Capacity Growth Clean Max showcased continued...

Siddharth Mehta Acquires Shares from Promoter in Inter-se Transfer involving Jeyyam Global Foods Limited Jeyyam Global Foods Limited, traded on the National Stock Exchange of India Limited (NSE) under the SCRIP CODE JEYYAM, has been involved in an inter-se transfer of equity shares between members of its promoter group. This transaction involves two separate events detailing the acquisition and subsequent sale of a significant portion of the company's stock.The initial reported acquisition took place on July 28, 2026. Siddharth Mehta acquired 23,74,000 equity shares from Shripal Veeramchand Sanghvi. This transaction was conducted as an off-market inter-se transfer among promoters and was executed at a consideration of Rs. 30 Per...

InfoBeans Technologies Revises Record Date for Dividend Entitlement in Corrigendum to AGM Notice InfoBeans Technologies Limited (formerly InfoBeans Systems India Private Limited) has issued a corrigendum regarding the 16th Annual General Meeting (AGM). The notice, originally sent on July 15, 2026, detailed the meeting scheduled for Friday, August 7, 2026.The company announced that the record date previously set for members to determine their entitlement for the payment of a dividend has been revised. Members are requested to note the change in the applicable date.The original record date was specified as Friday, July 31, 2026. This date has been formally changed and is now designated as Thursday, August 06, 2026.The revision...