Markets

Dhanlaxmi Fabrics Ltd Reschedules Board Meeting to Approve Financial Results; Trading Window Closed Dhanlaxmi Fabrics Ltd has set the date for its board meeting to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and year ended on June 30th, 2026. The gathering is scheduled for Friday, August 14th, 2026, at 5:00 P.M. at the registered office of the company.The meeting aims to review and approve the financial performance metrics related to the quarter and year that concluded on June 30th, 2026.In connection with this event, Dhanlaxmi Fabrics Ltd has instituted a trading window closure period for its securities. Trading in the company’s stocks is closed starting from...

Khyati Global Ventures Cancels Proposed Purchase of Storage Godown in Navi MumbaiKhyati Global Ventures Ltd, which was formerly known as Khyati Advisory Services Limited, has cancelled the proposed purchase of a godown intended for its expanding operations.The Board of Directors of the company confirmed that it will not be proceeding with the acquisition of the property located at Mahape MIDC in Navi Mumbai. This facility was earmarked to serve as an additional storage and logistics center to support the company's growing business needs.The decision to cancel the proposed transaction comes after commercial and business considerations were reviewed by the Board. This cancellation relates to a potential purchase that had previously...

Jasch Industries Reports Standalone Results for Quarter Ended June 30, 2026 Jasch Industries Limited has announced its Unaudited Standalone Financial Results for the quarter ended on June 30, 2026. The results provide insights into the company's operational performance across various segments during the recent period.The financial figures for Jasch Industries Ltd., presented in Rs. in lakh, reflect a robust performance across both the current and prior periods.Financial Performance Highlights (Standalone) Key metrics including total income, expenses, and profit before tax have been recorded as follows:ParticularsQuarter Ended 30.06.26 (Unaudited)Quarter Ended 31.03.26 (Audited)Quarter Ended 30.06.25 (Unaudited)Year Ended...

Vedanta Aluminium Metal Ltd Announces Interim Dividend and Approves Employee Stock Option and Share Purchase Plans Vedanta Aluminium Metal Limited (VAML) announced the approval of its First Interim Dividend for the Financial Year 2026-27, alongside sanctioning two comprehensive incentive schemes for its employees: the VAML ESOP 2026 and the VAML ESPP 2026. These decisions were made by the company’s Board of Directors during a meeting held on Thursday, July 30, 2026.The Board approved an interim dividend of ₹8 per equity share against a face value of ₹1 per equity share for FY 2026-27. This dividend is valued at approximately ₹3,128.55 Crores. The record date set for the payment of this interim dividend is Wednesday, August 05, 2026...

Market Turmoil: Sensex and Nifty Fall as Profit Booking Meets Geopolitical Tensions Equity Benchmarks Trade Lower Amid Profit Taking and Global Instability Indian equity benchmarks, the Sensex and Nifty 50, saw a pullback from their daily highs, trading in the red following a strong performance in the preceding session. The decline was attributed to profit booking across sectors, combined with escalating geopolitical tensions in the Middle East.At 2:26 pm, the Sensex stood at 77,597.51, reflecting a fall of 57.09 points or 0.07%. Concurrently, the Nifty registered a decline of 9.70 points or 0.04%, settling at 24,240.50. In terms of share activity, 1,344 shares were noted as advancing, while 2,463 declined and 149 remained unchanged...

Southern Magnesium & Chemicals Ltd. Board Meeting Scheduled to Approve Q1 Financial Results and AGM Details Southern Magnesium & Chemicals Ltd. has scheduled a meeting of its Board of Directors to review key operational milestones, including the unaudited financial results for the quarter ending June 30, 2026. The company also intends to finalize details relating to its upcoming Annual General Meeting (AGM).The Board meeting is set to take place on Friday, August 07, 2026, at the Company’s Registered Office located in Hyderabad.Key items slated for consideration and approval during the meeting include the Unaudited Financial Results of the Company for the quarter ended June 30, 2026. Furthermore, the agenda covers several crucial...

Vedanta Aluminium Metal Ltd Releases Q1 Financial Results; Consolidated Revenue Stands at 21,105 Crore Vedanta Aluminium Metal Limited (VAML) has released its Unaudited Consolidated and Standalone Financial Results for the first quarter ended June 30, 2026. The results show the company maintaining strong operational performance across both consolidated and standalone entities, as the Group incorporated the financial data of Bharat Aluminium Company Limited (BALCO).The Board of Directors reviewed and approved these financials during its meeting held on July 30, 2026.Financial Performance Overview Consolidated results show total revenue from operations reaching 21,105 Crore. Total income for the quarter stood at 21,702 Crore, despite...

Dharani Finance Board Meeting Scheduled to Review Q1 2026 Un-audited Financial Results Dharani Finance Limited has scheduled a meeting of its Board of Directors to review and approve the un-audited financial results for the quarter ended June 30, 2026. The meeting is set to take place on Monday, August 10, 2026.The board meeting is slated to consider and ratify the company’s performance during the first quarter of the fiscal year.In addition to the Board meeting announcement, the company has provided an update regarding the trading window for its securities. The trading period for dealing in the securities of Dharani Finance Limited was closed starting July 1, 2026. This closure will remain effective until 48 hours following the...

RBI Unleashes Massive $7 Billion Dollar Intervention to Halt Rupee's Freefall Amid Global Currency Pressure Reserve Bank of India Consolidates Defence Against Rupee Weakness The Reserve Bank of India (RBI) executed a significant intervention in foreign exchange markets last Friday, selling approximately $7 billion. This move represented one of the largest direct currency defense actions by the central bank in recent memory.Sources familiar with the matter indicated that the RBI intervened across both onshore and offshore markets to stabilize the rupee. The action was taken as the Indian currency approached its record low levels.Following Friday’s major intervention, the RBI continued its dollar sales over the subsequent two...

Jumbo Bag Ltd Announces Q2 FY2026 Results: Revenue and Profit Detailed in ₹Lakhs Jumbo Bag Ltd, a certified company specializing in ISO 22000, 9001, and BRCGS standards, has reported its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these financials along with the Limited Review Report for the period.The company's consolidated results reflect operational performance across its two primary business segments: the manufacture of flexible intermediate bulk container packaging material and the trading of polymers.Financial Highlights (Consolidated) For the quarter ended June 30, 2026, total revenue stood at 4,313.80 units (the unit is implied by comparison to prior periods, matching...

Nexus Select Trust Holds Fourth Annual Meeting; Approves Financial Statements and Valuation Report The Unitholders of Nexus Select Trust conducted their Fourth Annual Meeting (AM) on July 29, 2026. The meeting, held via Video Conferencing (VC)/Other AudioVisual Means (OAVM), saw attendance from numerous directors and senior management personnel as the Trust reviewed its performance for the financial year ended March 31, 2026.The AM commenced at 02:00 P.M. IST and concluded at 02.47 P.M. IST. The meeting was facilitated virtually from a venue in Vikhroli West, Mumbai. A total of 42 Unitholders attended the AM, representing 65,75,23,083 units, which constituted 43.40% of the Trust's total voting power.The meeting featured several key...

IRFC Reports Strongest-Ever Quarterly Performance in Q1 FY 2026-27, Highlights Record Net Worth and Zero NPA Indian Railway Finance Corporation Ltd (IRFC), a Government of India Enterprise under the Ministry of Railways, announced unaudited financial results for the first quarter (Q1) of Fiscal Year 2026-27, ending June 30, 2026. The Corporation reported record levels across key indicators, registering its highest-ever quarterly total income and profit after tax (PAT), while maintaining a clean slate with zero non-performing assets (NPA).The results underscore the success of IRFC's diversification-led growth strategy. For Q1 FY 2026-27, IRFC reported total income of Rs. 8,391.34 crore, significantly up from Rs. 6,918.24 crore in the...

Filatex India Ltd completes incorporation of Spanish subsidiary Ecosis Infinite Filatex India Ltd has completed the incorporation and registration of a new entity in Spain, which is set to become a step-down Wholly Owned Subsidiary. The incorporated company is named Ecosis Infinite, Sociedad Limitada.Ecosis Limited, previously known as Texfil Private Limited, a Wholly Owned Subsidiary of Filatex India Ltd, successfully registered the new company with the Commercial Registry in Spain, receiving confirmation from the notary on July 29, 2026. The newly incorporated entity belongs to the textile industry and is focused on manufacturing and dealing in various types of Polyester Yarns.Upon the completion of the necessary Overseas Direct...

Chandra Bhagat Pharma Ltd Schedules Board Meeting for Capital Increase and Preferential Fundraising Chandra Bhagat Pharma Limited has scheduled a meeting of its Board of Directors to address significant corporate actions, including an increase in authorized share capital and proposals for raising funds through preferential allotment.The Board Meeting is set to be held on Wednesday, August 5, 2026. The agenda items detailed for the meeting cover key strategic financial movements intended to support the company's growth objectives.Among the principal points listed for consideration are the increasing of the Company's authorized share capital. Furthermore, the Board will consider a proposal related to fund raising through the issue of...

Transport Corporation of India Limited Announces Q1 FY26 Results; Net Profit Reaches 1,198 Million Transport Corporation of India Limited has released its unaudited financial results for the first quarter ended June 30, 2026. The company reported a consolidated total income of 12,548 million, while the standalone entity posted a net profit of 1,198 million, translating to a basic earnings per share of 15.60.The Board of Directors approved the results at its meeting held on July 30, 2026. The company also provided an update on operational changes during the quarter.Financial Performance Overview Standalone Results (Q1 FY26): For the standalone entity, revenue from operations stood at 10,698 million. Total income reached 11,116...

Ganesh Infraworld Limited Announces Unaudited Financial Results and Details of Related Party Transactions for Quarter Ended June 30, 2026 Ganesh Infraworld Limited has released its unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The Company's Board of Directors had considered and approved these results, which are accompanied by a Limited Review Report issued by the Statutory Auditors.The review process involved obtaining moderate assurance regarding whether the financial statements were free of material misstatement. Based on their review, the auditors stated that nothing came to their attention suggesting that the accompanying statement did not disclose the required information or...

Texmaco Rail Secures Rs 0.74 Crore Contract from South Western Railway Texmaco Rail & Engineering Ltd has received a Letter of Acceptance for a contract with the South Western Railway, securing an order valued at Rs 0.74 crores. The contract involves the provision of specialized material for maintenance work in railway divisions.The company will be responsible for providing nylon mesh on TTC and portals aimed at preventing bird nests within the SBC division. This domestic contract outlines significant scope details regarding the service delivery.According to the terms of the accepted order, Texmaco Rail & Engineering Ltd has a timeline of 10 months from the date of issuing the Letter of Acceptance to execute the work. The value of...

Parshwanath Corporation Approves Adoption of New Memorandum and Articles of Association Parshwanath Corporation Ltd announced that its Board of Directors has approved the adoption of a new set of the company's Memorandum of Association (MOA) and Articles of Association (AOA). The decision was formalized during a board meeting held on July 30, 2026.The changes pertain to the foundational constitutional documents of the corporation. The proposed shift involves replacing the existing MOA and AOA, which were structured according to the Companies Act, 1956.The primary reason for updating these documents is to amend and align both the Memorandum of Association and Articles of Association with the applicable provisions of the Companies...

SML Mahindra Stock Surge Accelerates as M&M Consolidates Commercial Vehicle Business in Major Restructuring SML Mahindra shares continued their upward trajectory, hitting the 20% upper circuit for the second consecutive day. This sharp movement follows the announcement that Mahindra & Mahindra's board has approved a major restructuring deal. The deal involves the transfer of M&M’s truck and bus business to its subsidiary, SML Mahindra.The transaction aims to create a unified entity dedicated solely to growth and leadership within the commercial vehicle sector. By executing this consolidation, the Mahindra Group is simplifying its complex commercial vehicle operational structure.Market Reaction as Stock Hits Upper Circuit At 2 pm on...

Parshwanath Corporation Appoints Raj Patel as Chief Financial Officer and Key Managerial Personnel Parshwanath Corporation Limited has announced the appointment of Mr. Raj Patel as the Chief Financial Officer (CFO) and a Key Managerial Personnel (KMP) of the company, effective from July 30, 2026. The decision was ratified by the Board of Directors during a meeting held on July 30, 2026.The appointment formalizes Mr. Patel's role as CFO. According to the company disclosures, he holds a Bachelor of Science (B.Sc.) in Computer Science and possesses expertise in Information Technology and Digital Transformation.Parshwanath Corporation provided key details regarding the change in management, including background information on the new...