Markets

RBI Grants Banking Sector Greater Freedom: New Amendment Directions on Deposit Rates Set to Reshape Credit Market The Reserve Bank of India (RBI) has today issued critical amendment directions concerning interest rates on deposits across various financial institutions. These finalized guidelines aim to inject greater flexibility into banks regarding the pricing of Rupee bulk deposits, while simultaneously mandating uniformity in how these interest rates are disclosed to stakeholders. The new directives are set to come into effect from October 01, 2026.RBI Finalizes Interest Rate Directives for Deposits The release follows an earlier draft issued by the RBI on June 05, 2026. That initial consultation sought feedback and comments from...

Vellora Impact Ltd Approves Rights Issue and Capital Increase; Promoters Seeking Public Category Status Vellora Impact Limited, formerly known as Pratiksha Chemicals Limited, announced significant operational approvals following its Board of Directors meeting held on July 30, 2026. The company approved a substantial rights issue aimed at fundraising, along with an increase in its authorized share capital and the reclassification request from several key shareholders.The Board granted approval for raising funds through a Rights Issue, allowing the issuance and allotment of Equity Shares having a face value of Rs. 10.00/- (Rupees Ten Only). The rights issue is designed to raise an aggregate amount not exceeding Rs. 70 Crores. The...

Dhampur Sugar Mills Limited Repays Commercial Paper Worth Rs 100 Crores Dhampur Sugar Mills Limited has fulfilled its payment obligation regarding a listed Commercial Paper, ensuring timely maturity repayment. The company paid the full amount of the commercial paper on July 30, 2026.The Commercial Paper details confirm that Dhampur Sugar Mills made the required payments on the specified date, closing the obligation related to the instrument.Key transaction details for the repaid Commercial Paper are summarized below:ISINAmount (Rs.)Date of IssueDate of MaturityDate of PaymentINE041A14142Rs. 100.00 Crores30-06-202630-07-202630-07-2026DHAMPURSUG Stock Price Movement Dhampur Sugar Mills Limited slipped today, shedding 0.39%...

Triveni Turbine Ltd Board Meeting Scheduled to Approve Q1 Financial Results; Trading Window Closed for Designated Persons Triveni Turbine Limited has announced a meeting of its Board of Directors scheduled for Monday, August 10, 2026. The purpose of the meeting includes considering and approving the Un-Audited Financial Results of the company, both on a standalone and consolidated basis, for the first quarter ended on June 30, 2026.In line with insider trading protocols, the trading window for designated persons and their immediate relatives remains closed. This closure commenced from July 1, 2026. The trading restrictions will remain in effect until 48 hours following the publication of the aforementioned financial results...

Burnpur Cement Limited Announces Book Closure Period Ahead of 40th Annual General Meeting Burnpur Cement Limited has announced key dates regarding its forthcoming general meeting, fixing a specific book closure period and a record date for shareholders intending to participate in the proceedings.The company has set September 15, 2026, as the record date for determining members who are eligible to cast their vote through e-voting methods. This date is designated to ensure all eligible shareholders can participate in the upcoming Annual General Meeting (AGM).In addition, the Register of Members will be closed from September 16, 2026, to September 22, 2026. This period of book closure is specifically set for the purpose of the...

Mankind Pharma Reports Strong Q1 FY27 Results Driven by Revenue Growth and Margins Improvement New Delhi, India, July 30, 2026: Mankind Pharma Limited, one of India's leading pharmaceutical companies, announced its financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), which ended on June 30, 2026. The company reported a strong performance across key metrics, characterized by solid revenue growth and improved operational efficiency.The results reflect the consolidated financial statements of the pharmaceutical giant.Key Financial Highlights for Q1 FY27 Mankind Pharma saw Revenue from Operations reach INR 4,031 Crore in Q1 FY27, marking a 12.9% increase year over year (YoY). The company's profitability improved...

Sammaan Capital Limited Makes Timely Interest Payments on Secured Redeemable Non-Convertible Debentures Sammaan Capital Limited has confirmed the timely payment of interest amounts concerning its Secured Redeemable Non-Convertible Debentures (NCDs) that were issued through a public issue and are listed on stock exchanges. The company has fulfilled its financial obligations regarding these debentures.The payments covered various series of NCDs, all categorized as monthly interest payments with a due date set for August 1, 2026.Details regarding the interest payment across different instruments are provided below:Sr. NoISINIssue Size (in INR lacs)Interest Amount to be paid on due date (in INR lacs)FrequencyInterest Payment Record...

Andrew Yule & Company Ltd Board Meeting Set to Discuss Unaudited Financial Results for Quarter Ended June 30, 2026 Andrew Yule & Company Ltd announced that its Board of Directors will convene its 278th meeting to review the Unaudited Financial Results for the quarter ended June 30, 2026. The board meeting is scheduled to be held via video conferencing on Wednesday, August 12, 2026, at 2:30 p.m.The primary agenda item for the Board of Directors includes considering and taking on record the Unaudited Financial Results of the company for the quarter that concluded on June 30, 2026.In relation to this event, Andrew Yule & Company Ltd specified that the Trading Window for Designated Employees etc. will remain closed until August 14, 2026.

Shukra Pharmaceuticals Schedules Board Meeting for Q1 Financial Review Shukra Pharmaceuticals Ltd has announced a meeting of its Board of Directors scheduled for August 11, 2026. The meeting is set to take place at the Company's Registered Office.The primary purpose of the Board Meeting is to consider and approve key corporate matters. A major item on the agenda is the review of the unaudited financial results for the quarter ended on June 30, 2026. This includes reviewing the associated Auditor's Limited Review Report.The Board meeting will also include discussions regarding any other business with the permission of the Chairman.Stock Price Movement Shukra Pharmaceuticals Ltd settled at ₹31.06 in post-market trading on Thursday...

Bank of India Revisions Marginal Cost of Fund based Lending Rate (MCLR) and Sets Fixed Rate Spread (FRS) Rates Bank of India has revised its Marginal Cost of Fund based Lending Rate (MCLR) and determined Fixed Rate Spread (FRS) rates, effective from August 1, 2026, following a decision by the bank's Asset Liability Committee (ALCO).The MCLR revisions reflect updates across various lending tenors. The Overnight MCLR remains unchanged at 7.85%. For other tenors, the rates have been updated as follows:Rate effective fromOvernight MCLR1 Month MCLR3 Month MCLR6 Month MCLR1 Year MCLR3 Year MCLR01.08.20267.85%8.15%8.35%8.65%8.80%8.90%Prior to the revision, the MCLR rates effective from July 1, 2026, included an Overnight MCLR of...

Hariom Power Subsidiary Completes Commissioning of 5 MW Solar Project in MaharashtraHariom Pipe Industries Limited has announced a significant operational milestone regarding its power generation venture. The subsidiary company, Hariom Power and Energy Private Limited, has received the necessary certification for the commissioning of its solar project, enabling it to commence commercial operations.The achievement pertains to the 5 MW AC (6 MW DC) Solar PV Power Project, located in Rupur Tanda, Aunda Nagnath Taluka, Hingoli District, Maharashtra. The completion was officially certified by the Superintending Engineer (O&M) of the Maharashtra State Electricity Distribution Company Limited (MSEDCL).The receipt of the Project...

Hikal Ltd. Boards Meeting Scheduled to Approve Unaudited Financial Results for Quarter Ending June 30, 2026 Hikal Ltd. has scheduled a Board Meeting of its Directors to consider and approve the Standalone and Consolidated Unaudited Financial Results for the quarter that ended on June 30, 2026.The meeting is set to take place on Thursday, August 06, 2026. The purpose of the board meeting includes taking the results on record.HIKAL Stock Price Movement Shares of Hikal Limited shed 1.58% in trading, closing today at ₹216.99 after a steady session in the pharmaceutical sector. The equity saw total traded volume stand at 123,310 shares, having previously tested an intraday high of ₹222.88.

Goblin India Ltd Board Meeting Scheduled to Discuss Capital Hike and Annual General Meeting Matters Goblin India Ltd has scheduled a meeting of its Board of Directors for Tuesday, 4th August, 2026. The meeting is set to cover several critical business matters concerning the company's future growth, financial status, and forthcoming annual general meeting (AGM).The agenda for the board meeting includes discussions regarding increasing the authorized share capital of the Company. This increase is intended to support future working capital requirements and ensure the sustained growth of Goblin India Ltd.Key items slated for deliberation during the Board meeting encompass:Reviewing the Secretarial Audit Report for the Financial Year...

Cosmic CRF Ltd Wins Resolution for Amzen Transportation Industries; Announces Acquisition Plan Cosmic CRF Ltd has been declared the 'Successful Resolution Applicant' by the Committee of Creditors (CoC) in the Corporate Insolvency Resolution Process (CIRP) of M/s Amzen Transportation Industries Private Limited. The successful outcome led to a Letter of Intent (LOI) from the Resolution Professional (RP) for the acquisition of M/s Amzen Transportation Industries Private Limited.The approval by the CoC confirms Cosmic CRF Ltd's role in acquiring the company, subject to final approval by the Hon'ble National Company Law Tribunal (NCLT).Strategic Significance and Acquisition Details The acquisition is strategically important for Cosmic...

Maruti Suzuki India Matter with CCI Adjourned Due to Time Constraints Maruti Suzuki India Limited has provided an update on its ongoing legal matter before the Competition Commission of India (CCI). The case was listed for arguments on July 30, 2026.The company informed stakeholders that the hearing could not be concluded on the scheduled date due to a lack of time. Consequently, the matter has been adjourned.Arguments concerning the CCI matter are now set to continue on September 28, 2026. This follows previous proceedings where the case was earlier adjourned and posted for hearing.MARUTI Stock Price Movement Maruti Suzuki India Limited shares gained significantly today, closing at ₹14,188 after posting a solid 1.66% rise. The...

Group ICRA Unveils New Visual Identity, Signaling Expansion into Diversified Risk and Analytics Enterprise Gurgaon: Group ICRA has introduced its new visual identity, marking a significant step in its evolution beyond traditional credit ratings. The brand refresh positions ICRA as a comprehensive provider of risk assessment, analytics, research, and advisory solutions. The new unified identity is accompanied by the tagline 'Insights that Empower,' reflecting the company's expanded capabilities.The transformation brings together Group ICRA and its constituent companies under a cohesive visual framework. Ramnath Krishnan, Managing Director and Group CEO of ICRA Limited, commented on the strategic move, stating that the refreshed logo...

Lloyds Engineering Works Sets AGM Date and Book Closure for 32nd Annual General Meeting Lloyds Engineering Works Limited has announced the details regarding its 32nd Annual General Meeting (AGM), along with crucial dates for record keeping and the commencement of e-voting procedures.The company's 32nd Annual General Meeting is scheduled to take place on Friday, August 21, 2026, at 11:30 a.m. (IST). The meeting will be conducted exclusively through Video Conferencing or other Audio-Visual Means (VC/OAVM), allowing members to participate remotely.Key dates for the determination of member entitlements have also been set. The Record Date for the purpose of determining entitlement to dividends for the financial year 2025-26 is Friday...

Dharani Sugars & Chemicals Reports Default Status on Bank Loans and Debentures Dharani Sugars & Chemicals Ltd. has provided details regarding its default status concerning interest payments or principal repayment amounts on loans extended by banks and financial institutions, alongside unlisted debt securities. The disclosure outlines the company's current financial indebtedness in relation to these obligations.The information specifies that a default occurred related to bank borrowings, with the relevant date of default cited as June 30, 2026.Loan Obligation Details Details concerning the loans from banks and financial institutions are summarized below:Financial MetricValue (INR Crore)Total Outstanding Borrowings from...

Xchanging Solutions Limited Shifts Registered Office Within Bengaluru Xchanging Solutions Limited has announced the shift of its registered office, effective July 30, 2026. The move was authorized by the company's Board of Directors and involves relocation to a new premises within Bengaluru.The company's previous registered address was located at HP Avenue 39/40, Electronic City, Hosur Main Road, Bengaluru -560100.Effective from July 30, 2026, Xchanging Solutions Limited will operate from its new location: 6th Floor, Wing E, Prestige Lakeshore Drive, Building 10, Amani Bellandur Khane Village, Varthur Hobli, Mahadevapura Zone, Ward No. 150, Bengaluru, Karnataka -560103.The company confirmed that the change in its registered office...

Mrs. Ankita Singal Appointed as Non-Executive Independent Women Director at Modi Biotech Private Limited Modi Naturals Limited, through its subsidiary Modi Biotech Private Limited, announced the appointment of Mrs. Ankita Singal as a Non-Executive Independent Women Director. The appointment was approved by the Members of Modi Biotech Private Limited during their 5th Annual General Meeting held on July 30, 2026.Mrs. Ankita Singal holds the position effective from July 30, 2026. She is described as having approximately 20 years of experience in finance, marketing, and general business management. Her educational qualifications include a B.Com (H) from Lady Sriram College for Women, Delhi University, and a Master's degree in Business...