Markets

Anondita Medicare Limited Allots 285,000 Convertible Warrants in Preferential Issue Anondita Medicare Limited announced the preferential allotment of 285,000 Convertible Warrants on July 8, 2026. The warrants were allotted to a Promoter category allottee and represent an offering valued up to Rs. 29,58,30,000.The allotment details indicate that the securities were issued at a price of 1038/- per warrant (the Convertible Warrant Issue Price). The transaction was completed in alignment with decisions made by the company's Board of Directors and Extra Ordinary General Meeting.Mr. Anupam Ghosh, classified under the Promoter category, is the sole allottee mentioned for the warrants. He subscribed to a portion of the issuance...

La Opala Appoints Saradindu Dutta as Independent Director and Promotes Abhyuday Jhunjhunwala La Opala RG Ltd has announced significant changes in its board structure and senior management. The company approved the appointment of Mr. Saradindu Dutta as an Additional Director, designated as a Non-Executive Independent Director, while also changing the designation of Mr. Abhyuday Jhunjhunwala from General Manager - Business Development to Vice President - Business Development.Mr. Saradindu Dutta was appointed on July 8, 2026, for a term of five consecutive years. This appointment is subject to ratification by the shareholders at the company's ensuing 39th Annual General Meeting (AGM). Mr. Dutta brings extensive experience in finance and...

CARE Ratings Assigns Rating for Share India Securities Limited's Proposed Non-Convertible Debentures Share India Securities Limited has received a credit rating assignment from CARE Ratings Limited regarding its proposed Non-Convertible Debentures (NCDs). The ratings were assigned in accordance with CARE Ratings Limited's press release dated July 07, 2026.The assessment covers the proposed debt instrument of the company. Details of the assigned credit rating for the security are presented below:Details of SecurityAmount (In Rs.)Credit RatingRating ActionNon-Convertible Debentures (proposed)250 CroreCARE A+; StableAssignedThe assignment pertains to the Non-Convertible Debentures, for which the company has proposed an amount...

Vamshi Rubber Board Approves Strategic Review of Business Operations Amid Retreading Market Decline Vamshi Rubber Ltd has initiated a comprehensive strategic review of its business operations, following decisions made by its Board of Directors regarding the future of its retreading segment. The Board meeting considered the current market environment and the performance of the company's existing retreading activities.The decision to undertake a strategic review stems from the continuing decline in the performance of the company's retreading business. This downturn has been attributed to structural and technological shifts within the tyre industry, which have resulted in diminishing opportunities concerning retreadable tyre casings...

Bil Vyapar Ltd Announces FY2026 Results Under CIRP; Financial Statements Prepared on Liquidation Basis Bil Vyapar Limited (formerly Binani Industries Limited) has released its Audited and Consolidated Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026. These results reflect the company's status while it remains under Corporate Insolvency Resolution Process (CIRP). The financial statements were prepared on a liquidation basis due to the assessment that a going concern assumption was inappropriate given the current circumstances of the company.The results highlight significant accumulated losses and the ongoing implications of various corporate undertakings and asset disposal matters, as noted in the...

AccelerateBS Reports ₹3.9 Crore Consolidated Revenue for Q1 FY27; Expands Service Portfolio Post Acquisition AccelerateBS India Limited reported consolidated revenue of ₹3.9 crore for the quarter spanning April 1, 2026, to June 30, 2026. This figure accounts for approximately 50% of the total projected FY27 revenue, indicating strong business momentum at the start of the financial year.The company has focused on strengthening its digital capabilities through strategic integration following the acquisition of Beanstalk Web Solutions LLC in March. As a result of this consolidation and growth efforts, AccelerateBS has expanded its service portfolio. The current offerings now include Hosting services, Programmatic Marketing, Marketing...

Silver Touch Technologies Wins Contract from RITES to Build AI-Native DPR Appraisal Platform Silver Touch Technologies Limited has secured a major order from RITES Limited, a Navratna Government Enterprise under the Ministry of Railways, for the Design, Development, and Implementation of PARAKH. This project involves creating India's first self-hosted, multi-model AI platform dedicated to infrastructure project appraisal, positioning Silver Touch as a key player in national infrastructure governance using advanced artificial intelligence.The contract with RITES Limited aims to build a specialized AI-Based Detailed Project Report (DPR) Appraisal and Intelligence Platform known as PARAKH. This platform is designed not merely as an...

United Drilling Tools Secures Breakthrough in Premium Oilfield Segment with Deployment at Oil India Ltd. United Drilling Tools Ltd. (UDTL), a leading specialized equipment supplier for the oil and gas sector, has successfully entered the premium casing and tubing segment in India following the deployment of its advanced 'premium connection' casing pipes at Oil India Limited (OIL). This milestone positions UDTL as a proven domestic manufacturer capable of serving the high-value requirements of national and private energy companies.The successful execution involved supplying 7-inch premium production casing, totaling 5,000 metres, which were installed and utilized in a gas well located in Assam by Oil India Limited. UDTL's entry into...

CONCOR Board Meeting Scheduled to Discuss Q2 Results and Potential Interim Dividend Container Corporation of India Ltd (CONCOR), a Navratna CPSE and multi-modal logistics company owned by the Government of India, has scheduled a meeting of its Board of Directors. The meeting is set for Friday, July 24, 2026.The primary agenda items for the Board include considering the unaudited Financial Results for the quarter ending June 30, 2026. Furthermore, during the meeting, the Board may consider the declaration of an Interim Dividend for the financial year 2026-27 to shareholders.In related market activity, the trading window concerning the Equity Shares of Container Corporation of India Ltd has been closed. This restriction applies to all...

Ceigall India and SIML Secure Major EPC Contract for NH-913 Road Construction Ceigall India Limited (CIL) has emerged as the L1 bidder in a significant infrastructure project alongside Sushee Infra & Mining Limited (SIML). The joint venture secured this contract after the financial bid opening conducted by the Ministry of Road Transport and Highways on July 8, 2026. CIL holds a 74% stake in the partnership, while SIML contributes 26%.The contract involves the construction of a road section under an Engineering Procurement Construction (EPC) model. This vital project is situated in Arunachal Pradesh.Details regarding the awarded contract are as follows:ParticularsDetailsAwarding EntityMinistry of Road Transport and Highways...

Share India Securities Ltd Allots INR 50 Crores in Non-Convertible Debentures through Private Placement Share India Securities Ltd has approved the allotment of Non-Convertible Debentures (NCDs) on a private placement basis, raising a total of INR 50 crore. The decision was made by the Finance Committee of the Board of Directors during a meeting held on July 8, 2026.The issuance involves 50,000 listed, secured, rated, senior, taxable, transferable, and redeemable NCDs. Each debenture has a face value of INR 10,000, amounting to a total aggregation of INR 50,00,00,000/-.The company intends to list these NCDs on the wholesale debt market (WDM) segment of the BSE Limited. The instrument has a tenure of 459 days from the date of...

Twamev Clarifies Delay in Disclosing Chief Operating Officer Resignation Twamev Construction and Infrastructure Limited has provided clarification regarding the delayed disclosure concerning the resignation of its Chief Operating Officer (COO). The company addressed the lapse related to the reporting timeline for this event.The Company had previously disclosed the COO's resignation on July 3, 2026. This resignation was effective from the close of business hours on October 31, 2025.Regarding the delayed filing, the company stated that the omission was unintentional and stemmed from an inadvertent error by the Compliance Officer. The lapse occurred because the officer was unaware that the COO's resignation also required timely...

T-Bill Yields Climb as Market Absorbs All Debt in RBI Auction The Reserve Bank of India (RBI) successfully conducted its T-Bill auction, providing clarity on short-term government borrowing costs. The results confirm a full subscription across all maturities, indicating strong domestic and institutional appetite for low-risk instruments. This development offers key insights into the current yield curve dynamics within the debt market.Auction Performance Across Maturities The RBI offered a total face value of ₹ 9,000 Crore for the 91-Day T-Bill. The full amount was accepted by participants in the auction. Similarly, the bank notified ₹ 8,000 Crore for the 182-Day T-Bill, which was also fully subscribed.The longest tenure offered saw...

Aastha Spintex Plunges After Weak Listing Debut Despite Strong IPO Subscription Numbers Shares of newly-listed Gujarat textile manufacturer Aastha Spintex Limited continued a turbulent run after its stock market debut, hitting the 5% lower circuit on July 8, 2026. The company's shares were trading at Rs 123.19 per share, marking a 5% decline from the previous closing price.The textile firm recently faced intense scrutiny following its listing, which was characterized by a significant discount relative to the IPO issue price. Aastha Spintex listed on both the BSE and NSE at Rs 130 per share, which reflected a 4.41% markdown from the IPO's issue price of Rs 136.IPO Performance and Subscription DetailsDespite the post-listing slump...

Asian Hotels (North) Announces Resignation of Chief Financial Officer Asian Hotels (North) Ltd. has confirmed that Mr. Sachin Goel has resigned from his position as Chief Financial Officer (CFO) of the company. The resignation is effective as of the close of business hours on July 07, 2026.The departure comes due to personal reasons, according to the company's internal records and statements provided by Mr. Goel.Mr. Sachin Goel has been relieved from his responsibilities as CFO with effect from July 07, 2026. The company noted that he will do his best to ensure a smooth transition of his duties before his departure.Key details regarding the change in leadership are summarized below:ParticularsDetailsPosition HeldChief...

Cupid Shares Skyrocket to Fresh 52-Week High on Robust Q1 FY27 Business Update Cupid shares surged to hit a fresh one-year high on Wednesday after the company released its business update for the first quarter of FY27. The consumer wellness and personal care company saw significant investor enthusiasm following the announcement, driving its stock higher on the NSE.The stock rallied 2.21 percent, reaching ₹226 per share. This performance follows a strong rally over the past several trading sessions, with the shares gaining nearly 17 percent in four trading days.Record-Breaking Quarter and Financial Milestones The positive market reaction was driven by Cupid's Q1 FY27 outlook. The company announced in an exchange filing that it is on...

Suven Life Sciences Completes Preferential Allotment, Appoints Director, and Informs Singapore Subsidiary Incorporation Suven Life Sciences Limited announced that its Board of Directors approved the preferential allotment of equity shares following the conversion of fully paid warrants. The company also greenlit the re-appointment of Dr. Vajja Sambasiva Rao as a Non-Executive Independent Director and confirmed the incorporation of a wholly owned subsidiary in Singapore.Equity Allotment Details The Company converted 185,70,133 fully paid warrants and consequently issued and allotted 185,70,133 equity shares at an issue price of Rs. 134 per share to various Non-Promoter Persons and Entities. The aggregate consideration received for...

Mutual Funds Surge in Swiggy and Eternal, Signalling India's Pivot to Profitability The consumer internet landscape is undergoing a fundamental shift as domestic mutual funds rapidly increase their exposure to market giants like Swiggy and Eternal. These large-scale institutional investors are now among the most significant shareholders in both food delivery and quick commerce companies. This trend signals a growing confidence from Indian funds in these platforms' long-term stability and underlying business models.Domestic Funds Take Control of Swiggy and Eternal Mutual fund ownership has seen dramatic growth at Swiggy, where exposure jumped nearly fourfold over the past year. The stake rose from 5.5 percent in March 2025 to 20.2...

Indus Towers, Vodafone Idea Surge as Nomura Boosts Telecom Sector Outlook Ahead of Earnings Season Shares across the telecom sector showed varied movement on Tuesday, with strong operational guidance from Nomura lifting key stocks. Nomura retained a positive outlook for the industry ahead of the upcoming June-quarter earnings season. This bullish sentiment saw Indigo Towers and Vodafone Idea climb significantly in afternoon trading.Indus Towers shares rose 2.51% to Rs 392.40. Simultaneously, Vodafone Idea gained 2.60%, reaching Rs 14.21. However, Bharti Airtel bucked this positive trend, slipping by 1.42% and settling at Rs 1,898.40 in the trading session.Bharti Airtel's Broad-Based Delivery Drives Revenue Growth Nomura’s 1QFY27...

R.S. Software Announces Board Meeting for Financial Results and Declares Insider Trading WindowR.S. Software (India) Ltd has announced details regarding an upcoming meeting of its Board of Directors, where it will consider the audited financial results for the quarter ending June 30, 2026. Furthermore, the company confirmed the operational schedule for its trading window concerning insiders and key personnel.The Board Meeting is scheduled to take place on Wednesday, July 22, 2026, at 4:45 PM. The primary focus of the meeting will be to review and approve the Audited Financial Results for the quarter ending June 30, 2026, along with other related matters pertinent to the company's performance during that period.In addition to the...