Markets

SEBI Accelerates Fund Launches: GARUDA Mechanism Slashes Timeline for AIF Schemes, Boosting Investor Access Securities and Exchange Board of India (SEBI) has significantly streamlined the launch process for Alternative Investment Funds (AIFs). The regulator introduced the Green-Channel mechanism, "GARUDA" (Green-Channel: AIF Rollout Upon Document Acknowledgement), through a new circular. This move is set to expedite fund launches, reducing mandatory waiting periods and boosting operational efficiency across the alternative investment space.Understanding SEBI's GARUDA Mechanism for AIFs The new framework aims to fast-track the operationalization of various AIF schemes while maintaining regulatory rigor. For general AIF schemes, the...

Shri Manish Agarwal Relieved from RVNL as Principal Executive Director Due to Repatriation Rail Vikas Nigam Limited announced that Shri Manish Agarwal has ceased to be part of the Senior Management of the Company following his repatriation. He was relieved from his duties on 30th July 2026 (A/N) after serving as the Principal Executive Director (Mechanical).The decision comes as part of his movement back to his parent cadre within the Railways. Shri Agarwal is transitioning to a new role at Integral Coach Factory (ICF), Chennai, having been appointed as General Manager.Details regarding the change in Senior Management personnel are summarized below:ParticularsDetailsNameShri Manish AgarwalFormer Role at RVNLPrincipal...

Ganesh Infraworld Posts Strong Q1 FY27 Results; Revenue Soars 109.7% Driven by Water Infrastructure Ganesh Infraworld Limited (NSE: GANESHIN), an integrated engineering, procurement, and construction (EPC) company based in Kolkata, announced its financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), ending June 30, 2026. The results showed significant growth across the board, with operations revenue climbing by 109.7% year-on-year (YoY).The company is a primary EPC contractor and sub-contractor executing projects related to Civil, Electrical, Road, Railway, and Water Infrastructure for government bodies and private clients under major national programmes like AMRUT and Namami Gange.Consolidated Financial Highlights...

Liberty Shoes Ltd to hold Board Meeting for Q1 2026 Unaudited Financial Results Liberty Shoes Ltd has scheduled a Board Meeting to consider and approve the Unaudited Financial Results for its first quarter ending June 30, 2026. The meeting is set for Monday, August 10, 2026, to discuss the quarterly performance along with other allied matters.The company also provided updates regarding the trading window for its securities. As previously announced, the trading period for dealing in Liberty Shoes Ltd securities has been closed starting July 1, 2026. This restriction will remain in effect until August 12, 2026, inclusive.LIBERTSHOE Stock Price Movement Liberty Shoes Limited edged higher in post-market today, settling with a marginal...

Samvardhana Motherson Subsidiary Fined Euro 65,000 Over Labor Practices in Spain Samvardhana Motherson International Limited has received news regarding a penalty imposed on its indirect wholly owned subsidiary, SMRC Automotive Interiors Spain S.L.U, by the Department of Enterprise and Labour in Spain.The Labour Department levied a penalty totaling Euro 65,000 against SMRC Spain. This amount is equivalent to INR 7.08 million. The penalty notice was received by SMRC Spain on July 6, 2026, corresponding to the order date.A breakdown of the financial details and the action taken is provided below:ParticularsDetailsFining AuthorityDepartment of Enterprise and Labour - Spain (Labour Department)Penalty ImposedEuro 65,000 / INR...

Howard Hotels Ltd to Hold Board Meeting to Approve Quarterly Financial Results Howard Hotels Ltd has announced that its Board of Directors will convene on Friday, August 7, 2026, to review and approve the company's Un-Audited Financial Results for the quarter ending June 30, 2026. The meeting agenda includes consideration and approval of these results alongside a Limited Review Report.The Board Meeting is scheduled to assess the financial performance of the company during the specified three-month period.In addition to the forthcoming board decision, the company has updated its trading procedures regarding internal procedures and conduct for regulating insider trading. A revised 'Code of Internal Procedure and Conduct' has been...

KIC Metaliks Announces Board Meeting to Review Q1 Unaudited Financial Results KIC Metaliks Ltd has scheduled its Board of Directors meeting to review and adopt the unaudited financial results for the quarter ended June 30, 2026.The company's board meeting is set to take place on Tuesday, August 4, 2026. The primary agenda item for this meeting includes considering and adopting the Unaudited Financial Results of KIC Metaliks Ltd for the specified quarter.In addition to the corporate meeting, the company provided details regarding its insider trading window. Trading in the company's securities was closed starting from Wednesday, July 1, 2026. The trading window is scheduled to reopen forty-eight hours after the financial results are...

Vellora Impact Launches Rights Issue to Raise Up To Rs 70 Crores Vellora Impact Limited, formerly Pratiksha Chemicals Ltd, has approved a rights issue offering fully paid-up equity shares of the company. The offer aims to raise up to Rs 70 Crores through the issuance of these "Rights Equity Shares" to eligible shareholders.The decision regarding the Rights Issue was made by the Company's Board of Directors on July 30, 2026. Through this rights issue, the company plans to issue equity shares with a face value of Rs 10.00/- each.A specific meeting of the Rights Issue Committee has been scheduled for Tuesday, August 4, 2026. The committee is tasked with deciding various material aspects of the Rights Issue, including the determination...

Senior Management Change at Max Estates Ltd: Vikram Vij Resigns as Head - Digital and IT Max Estates Ltd has announced that Mr. Vikram Vij, who holds the position of Head - Digital and IT within the company's senior management, has resigned from his post. His resignation was effective from the close of business hours on July 30, 2026.Mr. Vij decided to step down from Max Estates Ltd as he intends to pursue a new professional opportunity. The company acknowledged Mr. Vij for his contributions and services during his tenure with the organization.The details regarding this management change are summarized below:ParticularsDetailsEmployee NameVikram VijPositionHead - Digital and IT (Senior Management)Reason for...

Apollo Tyres Announces Board Meeting to Review Un-audited Financial Results for Q1 FY27 Apollo Tyres Ltd has announced that its Board of Directors will hold a meeting to consider and approve the Un-audited Financial Results for the quarter ended June 30, 2026. The board meeting is scheduled for August 6, 2026 (Thursday).The company intends to review both the Standalone and Consolidated Un-audited Financial Results during this session.In addition to the results announcement, Apollo Tyres provided details regarding the trading window for its securities. As communicated previously, the trading window for dealing in the company's securities was closed starting July 1, 2026. The closure will remain effective until two days following the...

SME IPO Surge: Poojaa Precision Engg Hits Record Subscription Milestone with Bids Valued at ₹30,000 Crore The Pune-based precision engineering firm, Poojaa Precision Engg, has witnessed an overwhelming market response to its initial public offering (IPO). The company's Rs 160-crore SME IPO attracted bids valued close to Rs 30,000 crore on the BSE SME platform, solidifying it as a major subscription success in the micro-cap segment.Subscription Frenzy and Market Metrics The IPO was subscribed an impressive 259.42 times, signaling robust investor confidence in the manufacturing firm's capabilities. The offering included 38.10 lakh shares to be allotted at a price band set between Rs 285 and Rs 301 per share.Investors demonstrated...

Helpage Finlease Ltd Announces Board Meeting to Approve Q1 Un-audited Financial Results Helpage Finlease Limited has scheduled a meeting of its Board of Directors to consider and approve the un-audited financial results for the quarter ending June 30, 2026. The company has also provided an update regarding the closure of its trading window following the announcement of these results.The board meeting is set to be held on Wednesday, August 5, 2026, at 4:00 P.M. at the company’s registered office. The agenda for the meeting includes reviewing and approving the un-audited Financial Results of the Company for the quarter ended June 30, 2026.In continuation to previous communications, Helpage Finlease has confirmed that the trading...

NDR InvIT Targets Rs 1,000 Cr IPO as Warehousing Trusts Rush to Tap Investor Capital Arainvestcorp-backed warehousing platform, NDR InvIT Trust, is planning an initial public offering (IPO) that aims to raise around Rs 1,000 crore. This move positions the company to join a rising trend of infrastructure investment trusts going public to access domestic capital. The IPO is expected to primarily feature an offer for sale of units by existing investors, providing them with a partial liquidity opportunity.Discussions regarding the issue are currently in their early stages, and sources indicate that the final structure, timing, and size could change closer to the filing of the draft red herring prospectus. NDR InvIT's public listing would...

Jasch Gauging Technologies Reports Financial Results for Quarter Ended June 30, 2026 Declares Interim Dividend Jasch Gauging Technologies Ltd has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company also declared an interim dividend and fixed the record date for its payment.The Board of Directors of Jasch Gauging Technologies confirmed the declaration of the interim dividend at a rate of Rs. 10 per equity share, which represents 100% of the face value of the shares (Face value: Rs. 10 each). The company has set Friday, August 07, 2026, as the record date for this payment pertaining to the financial year 2026-27.Financial Performance Snapshot The results reflect a strong period for the...

Kabra Extrusiontechnik Posts Strong Q1 FY27 Results; Geon Revenues Surge 133.1% on EV Demand Mumbai, July 30, 2026: Kabra Extrusiontechnik Ltd., a leading extrusion machinery company and emerging battery pack player, has announced its unaudited results for the first quarter of fiscal year 2027 (Q1 FY27), ending June 30, 2026. The results indicate significant performance acceleration across the group.The company reported Operating Revenues growing by 44.8% year-on-year (YoY) to ₹ 1,245 Million. A major highlight was the exponential growth in Geon revenues, which surged by 133.1% YoY, reaching ₹ 701 Million during the quarter.The consolidated financial performance for Q1 FY27 showed a positive EBITDA of ₹ 60 Million, translating to an...

AWL Agri Business Reports Robust Q1 FY27 Results, Seeing Operating EBITDA Grow 34% and PAT Rise 48% AWL Agri Business Ltd., formerly known as Adani Wilmar Ltd., announced strong consolidated and segment results for the quarter ended June 30, 2026. The company reported substantial growth across its business segments, driven by disciplined execution and a favorable product mix.The company’s performance reflects continued progress toward building India's Trusted Food Platform. Consolidated Revenue grew 18% year-on-year (YoY) to INR 20,048 Crore. Operating EBITDA increased by 34% YoY to INR 693 Crore, while Profit After Tax (PAT) saw a significant rise of 48% YoY, reaching INR 351 Crore.The results demonstrate robust profitability and...

Major Regulatory Overhaul: RBI Finalizes 10 Critical Amendment Directions for Banks' Basel Pillar 3 Compliance The Reserve Bank of India (RBI) has today issued a set of ten significant amendment directions, substantially revising extant instructions applicable across various banking segments. These directions are crucial components of the ongoing commitment to financial stability and transparency through strengthened Basel Pillar 3 disclosures.Following an initial consultation phase that began on May 19, 2026, the RBI has successfully integrated stakeholder feedback into these regulatory updates. The amendments span capital adequacy, asset liability management (ALM), governance standards, and financial statement presentations for...

Naga Dhunseri Group Announces Date and Details for 108th Annual General Meeting Naga Dhunseri Group Limited has scheduled its 108th Annual General Meeting (AGM) and made the corresponding Annual Report available to members. The meeting is set to take place on Thursday, August 20, 2026.The AGM is scheduled for 3:00 P.M. IST and will be conducted through Video Conferencing or other Audio Visual Means.The company has ensured that the Annual Report for Fiscal Year (FY) 2025-26, along with the Notice of the 108th AGM, can be accessed by members. This information is available on the company's official website.Members can access the Annual Report and Notice through the designated web link...

Mystic Electronics Ltd Announces Completion of Tenure for Independent Director Mr. Manaklal Agrawal Mystic Electronics Limited has announced the completion of the tenure of its Independent Director, Mr. Manaklal Agrawal. The director will cease to be a part of the company's board from the close of business hours on July 30, 2026.The cessation is solely due to the completion of his tenure and is not attributable to any other reason, the company stated.Following this change, Mr. Agrawal will also cease to be the Chairman or Member of respective Board Committees effective from the close of business hours on July 30, 2026. This transition was planned consequent upon the approval accorded by the Board of Directors at its meeting held on...

Satin Creditcare Network Reports Strong Q1 FY27 Results; Consolidated PAT Rises 172% Satin Creditcare Network Limited (SCNL) has announced its financial results for the first quarter ended June 30, 2026. The company reported significant growth in profitability and expanded operational footprints across India during Q1 FY27.Consolidated highlights showed Profit After Tax (PAT) reaching ₹123 Crores for Q1FY27, marking a substantial increase of 172% compared to the same period last year. Assets under Management (AUM) grew by 27.5%, reaching ₹15,935 Crores from ₹12,499 Crores in Q1FY26.Consolidated Financial Performance (₹ Crores)ParticularsQ1 FY27Q1 FY26%ChangeQ4 FY26%ChangeAssets under Management...