Markets

Diensten Tech Limited Reports Quarterly Financial Results and Provides IPO Fund Utilization Update Diensten Tech Limited has reported its unaudited financial results for the quarter ending June 30, 2026, offering both consolidated and standalone performance data. The company also provided an update on the utilization of funds raised during its Initial Public Offer (IPO) as of the same period.Quarterly Financial Performance The Board of Directors approved the unaudited financial results (Standalone and Consolidated) for the quarter ending June 30, 2026. Both sets of statements were reviewed and recommended by the Audit Committee prior to approval.Consolidated Financial Results: For the quarter ended June 30, 2026, the Group generated...

Sebi Grants Extended Timeline for Digital Accessibility as Industry Stakeholders Seek Compliance Relief Regulator SEBI has officially extended the deadline for regulated financial entities to complete crucial digital accessibility audits and resolve outstanding platform issues. This significant extension provides market participants additional time to meet strict legal requirements focused on ensuring inclusivity within the financial sector.The regulatory move, detailed in a recent circular, pushes the final compliance deadline forward by several years. This addresses requests received from various industry stakeholders who require more bandwidth to align their platforms with national accessibility standards.New Deadline Set for...

Shanti Gold International Limited Announces Rights Issue of Equity Shares at ₹215 per Share Shanti Gold International Limited has announced a rights issue of fully paid-up equity shares, offering eligible shareholders an opportunity to subscribe to the new securities. The offering is set for release to shareholders on a rights basis, with the Board confirming the terms and conditions of the issue on July 31, 2026.The company intends to offer up to 46,43,471 equity shares under this Rights Issue. Each share has a face value of ₹10, and it is being offered at an issue price of ₹215 per share, which includes a premium of ₹205. The total aggregate proceeds sought from the public for the Issue are up to ₹998.35 million, based on the...

DIIs Propel Markets Higher as FII Buying Streak Continues Amid Strong Earnings Backdrop Indian stock markets finished the week on a positive note, driven by sustained domestic institutional investment and improved global sentiment. Benchmark indices climbed modestly as both Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) maintained a net buying posture for the day. This performance was underpinned by strong June-quarter earnings across key sectors and easing concerns surrounding crude oil prices globally.The BSE Sensex gained 236.31 points, rising 0.30% to settle at 78,930.67. Meanwhile, the NSE Nifty 50 registered a healthy rise of 77.70 points, or 0.32%, closing the session at 24,384.30...

SEBI Gives Green Signal: Polite Powertech and Kay Jay Forgings Clear Path to IPO after Regulatory Approval The capital markets witnessed a positive development as the Securities and Exchange Board of India (SEBI) approved the draft Initial Public Offerings (IPOs) for two infrastructure and manufacturing companies, Polite Powertech and Kay Jay Forgings. This regulatory clearance, issued during the week ending July 31, signifies that both firms are now eligible to launch their IPOs within a one-year timeframe.Both companies had previously submitted their respective draft IPO papers to SEBI in March 2026, awaiting final observations from the capital markets regulator. The issuance of these observations paves a clear path for the...

Green Infrastructure IPO Set to Ignite Market as Technocraft Ventures Files RHP Noida-based wastewater treatment solutions provider, Technocraft Ventures, is preparing for a significant market debut. The company has filed its Red Herring Prospectus (RHP) with the Registrar of Companies, paving the way for its Initial Public Offering (IPO). The public subscription phase for the venture will commence on August 7.The IPO structure includes both a fresh issue and an Offer For Sale (OFS). Anchor book subscriptions are scheduled to begin on August 6, while the final closing date for the issue is set for August 11. Share allotment is anticipated by August 12, with listing expected on stock exchanges on August 14.IPO Structure and Investor...

Dhoot Transmission Gears Up for Massive IPO as Bain Backing Drives $325 Million Listing Plans Bain Capital-backed Dhoot Transmission Ltd. is set to launch a significant initial public offering (IPO) next month. The company has completed its investor roadshows as it prepares to tap resilient global investment demand with the listing.The upcoming IPO package is designed to raise substantial capital. It will comprise new stock valued at 1400 crore rupees. Furthermore, the offering includes the sale of approximately 16.3 million shares held by existing investors, including Bain.IPO Structure and Investment Banking Advisory The move marks a major fundraising effort for the manufacturing firm. The listing is being supported by a...

NCLT Orders Directions in Avinya Batteries Limited Merger with PPAP Automotive Limited The National Company Law Tribunal (NCLT) has issued specific orders regarding the ongoing Scheme of Amalgamation between Avinya Batteries Limited and PPAP Automotive Limited. The order, pronounced on July 29, 2026, sets out crucial directions concerning shareholder and creditor meetings for both companies, addressing the consent status for various stakeholders.The scheme involves the amalgamation of Avinya Batteries Limited (the Transferor Company) into PPAP Automotive Limited (the Transferee Company). The Applicant Companies had previously approved the proposed Scheme of Amalgamation during board meetings held on May 5, 2026, and May 11, 2026.The...

NAVA LIMITED Resumes Operations of Ferro Alloys Plant Furnaces After Maintenance Completion NAVA LIMITED has announced the resumption of operations for both Furnaces at its Ferro Alloys Plant (FAP) located at the Odisha Works, effective from August 1, 2026. This operational change follows the successful completion of planned critical maintenance activities on the furnaces.The company previously undertook a temporary shutdown of the two FAP Furnaces in preparation for scheduled proactive maintenance. With these critical activities now successfully completed, Nava Limited is set to resume full operation of both units starting August 1, 2026, utilizing captive power.During the period when the furnaces were shut down, the company...

Z-Tech Receives In-Principle Approval from NSE for Listing 2.05 Lakh Equity Shares Z-Tech (India) Limited has secured in-principle approval from the National Stock Exchange of India (NSE) regarding the listing of equity shares allotted pursuant to the conversion of warrants issued on a preferential basis.The company confirmed that the NSE granted the requisite in-principle approval for listing 2,05,000 equity shares at a price of Rs. 10/- each. This allotment was made following the conversion of warrants and relates to the preferential issuance activity.This operational milestone comes as Z-Tech continues its capital structure activities. The NSE granted the in-principle approval after perusing the company's listing application and...

Aadhar Housing Finance Reports Strong Q1 FY27 Results, Driving 19% Profit Growth and 18% AUM Expansion Mumbai, July 31, 2026: Aadhar Housing Finance Ltd. announced its unaudited financial results for the quarter ending June 30, 2026, reporting a strong start to fiscal year 2027. The company showcased robust Assets Under Management (AUM) growth and sustained profitability, positioning it favorably against targets set for the current year.The Q1 FY27 results reflected solid performance across key financial metrics, underpinned by stable asset quality and continuous business expansion.Key Financial Highlights (Q1 FY27 vs Q1 FY26)Particulars (₹ Cr)Q1 FY27Q1 FY26YoY ChangeAssets Under Management (AUM)31,36426,52418%...

Visaka Industries Announces Public Deposit Scheme; GHFL Holds E-Auction for Mortgaged Property Visaka Industries Limited Launches Public Deposit Scheme Visaka Industries Limited announced its Public Deposit Scheme through newspaper advertisements published on July 31, 2026. The scheme was advertised in Business Standards (in English) and Velugu (in Telugu).***E-Auction Notice for Mortgaged Assets by Grihum Housing Finance Limited Grihum Housing Finance Limited (GHFL) announced an e-auction sale of secured immovable assets on August 18, 2026. The properties are being sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.The auction concerns properties mortgaged by...

Key Non-Executive Director Resigns from GIC Housing Finance Board Following Superannuation GIC Housing Finance Limited has announced a change in its board composition following the resignation of Smt. Girija Subramanian, who served as a Non-Executive Director of the company. The resignation became effective at the close of business hours on July 31, 2026.Smt. Girija Subramanian tendered her resignation from the Board of GIC Housing Finance Limited due to superannuation in her capacity as Chairman cum Managing Director of The New India Assurance Company Limited. The company noted that there were no other material reasons for the departure.GIC Housing Finance Limited expressed appreciation for the contribution made by Smt. Girija...

Arihant Academy Launches Second Chembur Center, Expanding Educational Reach in Mumbai Metropolitan Region Arihant Academy Limited has announced the opening of its second branch in Chembur, marking a significant step in its ongoing expansion strategy within the Mumbai Metropolitan Region. The new Study Centre is strategically located at 401, 4th Floor, Ashish Chambers, Ramkrishna Chemburkar Marg, Chembur (E), and aims to strengthen the company’s presence while enhancing accessibility for students in Dombivli and surrounding areas.The expansion aligns with the Academy's commitment to delivering high-quality and structured education through a blend of traditional classroom instruction and technology-enabled learning solutions. This new...

Dolphin Offshore Enterprises Schedules 47th Annual General Meeting with AGM Details Dolphin Offshore Enterprises (India) Limited has scheduled its 47th Annual General Meeting (AGM), which is set to be held in August 2026. The company has announced the key dates for the meeting, including the closure of the register of members and the commencement of electronic voting.The AGM is slated for Tuesday, August 25, 2026, at 11:00 a.m. IST and will be conducted via Video Conferencing (VC) or other Audio-Visual Means (OAVM). Members are advised to review the Notice of the 47th AGM along with the Annual Report for the Financial Year 2025-26, which has been uploaded on the company's website.Book Closure and Voting Deadlines To facilitate the...

Jindal Worldwide Limited reports interim financial results for quarter ending June 30, 2026 Jindal Worldwide Limited released its unaudited standalone and consolidated financial results for the quarter ended on June 30, 2026. The company's performance across both levels of reporting showed significant profitability in Q1 FY27, alongside several strategic operational changes involving subsidiary holdings.The Board of Directors reviewed and considered the interim financial results during its meeting held on July 31, 2026.Standalone Financial Performance (Q ended June 30, 2026) For the quarter ended June 30, 2026, Jindal Worldwide Limited reported a Total Revenue of 56,944.10 Lakhs. The company registered a Profit / (Loss) for the...

Maruti Suzuki Posts Strong Financial Performance as Standalone and Consolidated Results for Q2 FY26 are Released Maruti Suzuki India Limited has released its un-audited financial results for the quarter ended June 30, 2026. The company reported a significant performance across both standalone and consolidated metrics, demonstrating robust operations in the automotive sector.The Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, following a board meeting held on July 31, 2026. The company's operating activities include manufacturing, purchasing, and selling motor vehicles, components, and spare parts, alongside ancillary services like engineering, fleet management, and car financing.Key...

Godfrey Phillips Announces 89th Annual General Meeting and Releases FY 2025-26 Annual Report Godfrey Phillips India Limited has announced the details for its 89th Annual General Meeting (AGM) and made available the Annual Report for the financial year 2025-26. The company is inviting shareholders to attend the meeting, which will be held via Video Conferencing (VC) or Other Audio Visual Means (OAVM).The AGM of the Members of Godfrey Phillips India Limited has been scheduled for Monday, August 24, 2026, at 2:30 P.M. (IST). The detailed procedure for voting and attending the meeting is included in the AGM Notice.Annual Report Accessibility The Annual Report for the financial year 2025-26, along with the notice convening the 89th AGM...

RBI Unleashes 28th Edition of Handbook of Statistics, Providing Key Data on India's Economic Health The Reserve Bank of India (RBI) has released the 28th edition of its annual definitive publication, the 'Handbook of Statistics on the Indian Economy, 2025-26'. This crucial dissemination tool provides a detailed repository of time-series data, offering deep insights into the state and trajectory of the Indian economy.The Handbook serves as an indispensable resource for economists, financial analysts, and researchers seeking granular macroeconomic and financial statistics pertaining to India. The timely release ensures continuous monitoring and informed analysis of national economic parameters across various sectors.Scope and Content...

Sar Televenture Completes Acquisition of Malaysian IT Firm, Aims for International Expansion Sar Televenture Limited has announced the acquisition of Goodwell Technology Sdn. Bhd., a company based in Malaysia. The move is positioned as a strategic investment aimed at expanding Sar Televenture’s international presence and strengthening its operations within the region.The Board of Directors approved the purchase on July 31, 2026, acquiring 100% of the shareholding in Goodwell Technology Sdn. Bhd. for a total consideration of MYR 27,000. Upon finalizing the transaction, Goodwell Technology Sdn. Bhd. will become a wholly owned subsidiary of Sar Televenture Limited.Transaction and Target Details Goodwell Technology Sdn. Bhd., which was...