Markets

India Shelter Finance Corporation Allots INR 75 Crore in Structured Non-Convertible Debentures India Shelter Finance Corporation Ltd has completed the allotment of Rated, Listed, Secured, and Transferable Non-Convertible Debentures (NCDs) totaling INR 75,00,00,000. The issuance was finalized on July 30, 2026, through a private placement basis to identified investors.The Asset Liability Management Committee of the company approved the allotment of these debentures in its meeting held on July 30, 2026. These NCDs are denominated in Indian Rupees and carry a fixed interest rate of 8.10% per annum (p.a. p.q.).The private placement involved 7,500 NCDs, each with a face value of INR 1,00,000/-. The total size of the issue amounted to INR...

Fine Organic Industries Sets Board Meeting to Approve Q1 Financial Results; Trading Window Remains Closed Fine Organic Industries Ltd has announced that a meeting of its Board of Directors is scheduled for Friday, August 7, 2026. The purpose of the meeting includes considering and approving the unaudited Standalone and Consolidated financial results for the quarter ended June 30, 2026.In addition to the board activity, the company confirmed that the trading window for its equity shares will remain closed during a specific period. This restriction follows previous communications regarding insider trading prevention. The trading window is set to be closed from Wednesday, July 1, 2026, through Sunday, August 9, 2026, inclusive of both...

APM Industries Ltd. Announces Board Meeting to Discuss Q1 Results; Trading Window Remains Closed APM Industries Ltd. has scheduled a meeting of its Board of Directors to review and approve the Unaudited Financial Results for the quarter ended June 30, 2026. The company has also confirmed the closure of the trading window for designated persons.The Board meeting is set to take place on Friday, August 07, 2026. A primary agenda item for the directors will be considering and approving the Unaudited Financial Results of the Company for the quarter that concluded on June 30, 2026.In connection with compliance procedures, APM Industries Ltd. reiterated the closure status of its trading window. The restriction applies to all Designated...

Zuari Agro Chemicals Limited Receives Interim Orders Related to Compounding Applications Zuari Agro Chemicals Limited has received two Interim Orders dated July 29, 2026, from the Office of the Regional Director, Western Region-I, Ministry of Corporate Affairs. These orders are in relation to compounding applications filed regarding alleged non-compliances under Sections 166 and 178 of the Companies Act, 2013.The Interim Orders relate to submissions made by the Company along with Executive Director, Promoter Directors, Director, and former Director/KMPs concerning the alleged violations.Details concerning the allegations, payment of fines, and financial impact are as follows:AspectDetailAuthority Issuing OrderRegional...

Anlon Healthcare Reports Quarterly Results; Board Approves Strategic Share Swap for API Acquisitions Anlon Healthcare Limited has announced its unaudited consolidated and standalone financial results for the quarter ending June 30, 2026. In a significant strategic move approved by the Board of Directors, the company also authorized a share swap arrangement intended to acquire two key entities in the pharmaceutical sector.The Board meeting, held on July 30, 2026, reviewed and approved the operational outcomes alongside authorizing senior management to execute the acquisition. The management was given authority for this strategic transaction involving Apiqo Organics Private Limited (AOPL) and Bizotic LifeScience Private Limited (BLPL)...

Vedanta Iron & Steel Surges on Q1 Results as Demonaged Stocks See Mixed Market Reactions The recently demerged segment of the Vedanta Group released their first set of independent earnings results for the quarter ended June 30, reflecting varying operational outcomes across the mining, steel, and power sectors. While Vedanta Iron & Steel (VISL) reported a strong increase in EBITDA driven by improved commodity prices, Vedanta Power saw profitability decline due to increased expenses. The mixed performance underscores the complex operating environment for resource-intensive companies undergoing demerger transition.Vedanta Iron & Steel Reports Resilient Performance on Margin Improvement Vedanta Iron and Steel (VISL), now independently...

B.R.Goyal Infrastructure Secures Toll Plaza Operations Contract Worth Rs 37 Crore from UPEIDA B.R.Goyal Infrastructure Limited has secured a significant work order from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA). The contract involves the collection of user fees and operation and maintenance (O&M) of toll plazas along the Bundelkhand Expressway.The total accepted value of the work order stands at Rs 377,54,37,907.50/-. This contract is set to run for a period of two years, with an option for extension granted by the Authority.The agreement details involve not only fee collection but also the operational requirement of deploying 12 Patrol-cum-Safety Vehicles and providing the necessary personnel to manage...

Indo-MIM Stock Surges nearly 45% on Stellar Debut; Experts Advise Caution Against Overheating Valuations Indo-MIM made an extremely strong market debut on Thursday, with its shares listing significantly above the initial IPO price. This impressive performance translated into substantial gains for early investors.The company's stock opened at Rs 703 on the BSE and Rs 700 on the NSE. This contrasts sharply with its issue price of Rs 485 per share, translating to a premium of around 44.95%.The robust debut signaled powerful investor confidence in Indo-MIM’s market standing, particularly within the global Metal Injection Moulding (MIM) industry.IPO Oversubscription and Investor Demand Highlights Indo-MIM launched an IPO with a price...

Gillette India Ltd. Reports Q1 Results: Sales Rise 11% to ₹ 783 Crore, PAT Increases 9% Mumbai, July 30, 2026 — Gillette India Limited (GIL) today announced its unaudited financial results for the quarter ended June 30, 2026. The company reported solid performance, driven by a strategic portfolio and operational efficiencies, achieving an 11% increase in sales and a 9% rise in Profit After Tax (PAT) compared to the previous year.GIL recorded total sales of ₹ 783 crore for the quarter. This top line growth was attributed to the strength of its product portfolio, meaningful innovation addressing evolving consumer needs, and effective retail execution across various channels. The company reported Profit After Tax (PAT) at ₹ 159 crores...

JTL Defence Reports Strong Q1 FY27 Results; Revenue from Operations Climbs 39.4% QoQ JTL Defence Limited, a manufacturer specializing in non-ferrous metal products and diversified engineering solutions, announced its unaudited financial results for the quarter ending June 30, 2026. The company reported significant growth in revenue driven by improved operational performance.The firm, which was formerly known as RCI Industries and Technologies Limited, registered a substantial increase in Revenue from Operations for Q1 FY27.Key financial highlights for the quarter include:Revenue from Operations rose 39.4% compared to the previous quarter (QoQ). EBITDA reached Rs. 25 Mn, resulting in an EBITDA margin of 11.6%. The company...

Hester Biosciences Reports Q1 FY27 Results; Standalone Profit Rises 88% While Consolidated PAT Jumps on Exceptional Gain Hester Biosciences Limited announced its unaudited financial results for the first quarter of the fiscal year 2027 (Q1 FY27), highlighting strong profitability growth in the standalone business and a significant surge in consolidated profit driven by an exceptional gain.The Company’s financial performance across the divisions showed varying trends, with the Poultry Healthcare division reporting robust growth, while the Animal Healthcare division noted challenges related to government programme scheduling.Standalone Financial Performance The standalone results reflected strong operational execution and favourable...

Krishanveer Forge Ltd Announces Board Meeting Date and Updates Trading Window Status Krishanveer Forge Limited has scheduled its Board of Directors meeting to review the company's financial performance for the quarter ended June 30, 2026. The meeting is slated for Wednesday, August 05, 2026.During the board meeting, the company will consider and approve the Unaudited Financial Results for the Quarter ended June 30, 2026. Additionally, the Board is tasked with fixing the Record Date required to determine entitlement to a dividend for the Financial Year 2025-26.The company also provided an update regarding the trading window for its stock. The trading window will remain closed until August 07, 2026. This closure period represents 48...

Polyspin Exports Announces Board Meeting to Review Q1 Financial Results Polyspin Exports Ltd has scheduled a Board of Directors meeting to consider the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.The company announced that the Board meeting will be held on Thursday, August 13, 2026, at 10:30 A.M. The meeting is scheduled to take place at the company's Administrative Office located in Cholapuram South.In addition to addressing the financial results, Polyspin Exports Ltd provided an update regarding its trading window status.The company confirmed that the trading window for the Directors and other designated persons, along with their immediate relatives, will remain closed until August...

Sunita Tools Enters into Memorandum of Understanding with Polish Defence Co to Develop Defence Technologies Sunita Tools Limited has signed a Memorandum of Understanding (MoU) with A Polish Defence Mfg Co, a company specializing in the Research, Design, Development, and Manufacture of ISR drones, Loitering ammunition, and Smart Flying ammunition. This strategic partnership aims to expand Sunita Tools' footprint within the rapidly growing defence and aerospace sectors.The MoU outlines plans for collaboration across several domains including research, design, development, manufacturing, marketing, and sale of specialized products such as ISR drones, loitering ammunition, and smart drone ammunition.Key Pillars of Collaboration The...

Gillette India Limited Approves Unaudited Financial Results for Quarter Ended June 30, 2026 Gillette India Limited announced that its Board of Directors approved the Unaudited Financial Results for the quarter ending June 30, 2026. The results cover operations for both the Grooming and Oral Care segments.The company's financial performance metrics for the three months ended June 30, 2026, showed a total income of 78,302 (in lakhs). During the same period, the Profit Before Tax was reported at 21,402 (in lakhs), while Total Comprehensive Income stood at 16,070 (in lakhs). Earnings per share for the quarter were calculated at 48.93 basic and diluted EPS.Segment Performance Highlights The results are detailed across the company's...

Aurionpro Secures ₹50 Crore MMRDA Order for Automated Fare Collection Deployment on Mumbai Metro Line 5 Mumbai: Aurionpro Solutions Limited has secured a significant order from the Mumbai Metropolitan Region Development Authority (MMRDA) to deploy its end-to-end Automated Fare Collection (AFC) solution, expanding its existing engagement across major metro lines in the region. The mandate, valued at approximately ₹ 50 crore, extends Aurionpro's involvement with MMRDA for the deployment of its AFC system on six additional stations under Mumbai Metro Line 5 Phase I.This latest contract strengthens Aurionpro's position in urban transit and mobility technology. The order expands upon the company's existing partnership with MMRDA concerning...

Bharat Petroleum Corporation Ltd: Ministry Extends Additional Charge of Director (Refineries) to CMD Sanjay Khanna Bharat Petroleum Corporation Limited has received official notification regarding the extension of the additional charge entrusted to its Chairman & Managing Director, Shri Sanjay Khanna, concerning the Director (Refineries).The Ministry of Petroleum & Natural Gas has extended this specific role held by Mr. Khanna. This follows an earlier communication dated April 16, 2026, related to the position. The extension relates specifically to the additional charge of Director (Refineries).BPCL Stock Price Movement As of 11:42 AM, shares of Bharat Petroleum Corporation Limited are slipping by 0.68% in live trading, currently...

CRISIL Downgrades R P P Infra Projects Ltd Ratings Following Margin Pressure and Operational Challenges CRISIL Ratings Limited has revised its credit rating for R P P Infra Projects Ltd (RIPL), downgrading ratings on the company's bank loan facilities due to a moderation in its credit profile. The ratings were assigned following CRISIL’s letter dated July 29, 2026, reflecting performance shifts and market pressures faced by the infrastructure firm.The downgrade impacts both long-term and short-term facilities, with the company's total bank loan facilities now rated at Rs 642 Crore, an enhancement from the previously rated amount of Rs 557 Crore. The ratings reflect a notable decline in profitability metrics for the company.Rating...

Aditya Birla Sun Life AMC Approves Grant of Stock Options and PSUs Under ESOP Scheme 2025 The Nomination, Remuneration and Compensation Committee of the Board of Directors of Aditya Birla Sun Life AMC Limited approved a grant of Stock Options and Performance Stock Units (PSUs) to eligible employees under the Employee Stock Option and Performance Stock Unit Scheme 2025 (ESOP Scheme 2025). The approval was granted on July 30, 2026.The Committee authorized the granting of 8,53,740 Stock Options to eligible employees, which cover the same number of equity shares as the PSUs granted. Additionally, a total of 1,93,728 PSUs were granted to eligible employees under the ESOP Scheme 2025.The details concerning these grants have been...

Kiaasa Retail Ltd Provides Chartered Accountant Certification of IPO Proceeds Utilization Status for Quarter Ended June 30, 2026 Kiaasa Retail Limited has released a certification detailing the status of its Initial Public Offering (IPO) funds utilization for the quarter ending June 30, 2026. The financial data, verified by Dharam Taneja Associates, Chartered Accountants, outlines how the funds raised through the IPO were allocated across various expenditures categories.The certification provides a detailed breakdown of the fund status for Kiaasa Retail Limited as per the scrutinization of accounting records and explanations provided to the auditing firm. The utilization figures are presented in Rupees Crores.Key expenditure areas...