Markets

Rail Vikas Nigam Limited sets key dates for 23rd Annual General Meeting and dividend declaration Rail Vikas Nigam Limited (RVNL) has announced critical timelines regarding its 23rd Annual General Meeting (AGM), focusing on shareholder record dates, book closures, and remote e-voting schedules. The AGM is scheduled to be held in New Delhi.The company set the Record Date for the meeting as Tuesday, August 18, 2026. This date also served as the cut-off date for e-voting before the shareholder mechanics commenced.The 23rd Annual General Meeting is slated for Tuesday, August 25, 2026, at 11:00 AM (IST). The meeting will be conducted via Video Conferencing or other Audio-Visual Means, with the World Trade Center, Tower A, 7th Floor...

Mahindra Holidays & Resorts Receives ESG Rating of 63 from ESG Risk Assessment Mahindra Holidays & Resorts India Limited has received an Environmental, Social and Governance (ESG) score from ESG Risk Assessment, a SEBI registered ESG rating provider. The company was assigned a final score of 63 in the 'Strong' category by the ratings agency.The communication regarding the ESG assessment from ESG Risk Assessment was received by Mahindra Holidays & Resorts India Limited on July 27, 2026.ESG Risk Assessment provides this crucial evaluation to assess the environmental, social, and governance factors of the company’s operations. The details of the rating issued by ESG Risk Assessment are available through their published ESG Rating List...

Power Finance Corporation forms subsidiary to manage 400kV Transmission project in Tumakuru District Power Finance Corporation Limited (PFC) has established a new wholly owned subsidiary, Benchigere Transmission Limited, to manage a significant transmission system project in Karnataka. This move is part of a larger initiative involving the development of Independent Transmission Projects (ITPs) under the guidance of PFC Consulting Limited (PFCCL).The newly incorporated Special Purpose Vehicle (SPV), Benchigere Transmission Limited, is dedicated to managing the transmission system for 400kV Benchigere in Tumakuru District. This entity has been created as a wholly owned subsidiary of PFCCL, which itself operates under Power Finance...

Mittal Life Style Limited Announces 10:1 Share Consolidation Mittal Life Style Limited has undertaken a significant capital restructuring after its shareholders approved the consolidation of its equity share capital at a meeting held on Tuesday, July 28, 2026. The company's resolution involved reorganizing the share structure through a 10:1 consolidation, altering the Memorandum of Association to reflect the new capitalization framework.The move consolidates 10 Equity Shares, each with a face value of Re. 1 (Rupee one only), into 1 Equity Share valued at Rs. 10 (Rupees Ten Only). This action impacts both the Authorized and Issued share capital of the company.Following the consolidation, the Authorized Share Capital of Mittal Life...

Ujjivan Small Finance Bank Receives 'Excellent' ESG Rating from ESG Risk Ujjivan Small Finance Bank Limited has been awarded an ESG rating by ESG Risk Assessments and Insights Limited regarding its performance for the financial year 2025-26. The assessment classified the bank with a score of 74, designating its status as 'Excellent'.ESG Risk Assessments and Insights Limited, identified as a Category I - SEBI registered ESG Rating Provider (ERP), provided the rating based on the Bank's public disclosures and other information available in the public domain.The details of the ESG rating for Ujjivan Small Finance Bank Limited are summarized below:MetricDetailRated EntityUjjivan Small Finance Bank LimitedRating ProviderESG...

ESG Ratings Review: State Bank of India Receives Assessments from Various Indian Rating Agencies State Bank of India has received ESG ratings for the fiscal years 2025 and 2026 from several SEBI-registered Indian ESG rating providers. These evaluations, which are based on publicly available information, detail the performance metrics across various environmental, social, and governance factors as assessed by the agencies.The ratings collected cover multiple organizations, offering insights into the bank's sustainability performance.According to the provided data, here is a breakdown of the ESG ratings assigned by Indian ESG rating providers:ESG RATINGS BY INDIAN ESG RATING PROVIDERSNameESG Score (FY2025)ESG Score (FY2026)SES...

Precot Limited Sets AGM Details, Announcing Record Date and Member Register Closing Period Precot Limited has announced key details regarding its upcoming Annual General Meeting (AGM) and set the necessary dates for members’ entitlement eligibility. The company confirmed that the AGM is scheduled to be held on Thursday, August 20, 2026.The meeting will be conducted through Video Conferencing or other Audio-Visual Means.To ascertain the eligibility of members entitled to vote electronically on all resolutions and regarding dividends for the General Meeting, Precot Limited has fixed the Record Date as August 13, 2026.In preparation for the AGM, the Register of Members of the Company will remain closed from August 14, 2026, through...

Tata Communications Limited Approves Grant of 249,092 Restricted Stock Units to Employees Tata Communications Limited has approved the grant of Restricted Stock Units (RSUs) to eligible employees under the Tata Communications Limited Stock Unit Plan 2023. This decision was made by the Nomination and Remuneration Committee (NRC) following approval from shareholders at the company's 37th Annual General Meeting held on July 18, 2023.The NRC approved the grant of a total of 2,49,092 RSUs in accordance with the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. These units have been allocated across two different effective grant dates for eligible employees.The company has disclosed the details of...

Sadhana Nitrochem Secures In-Principle Approvals from BSE and NSE for Massive Preferential Issue Sadhana Nitrochem Limited has received in-principle approvals from both the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) regarding a planned preferential issue of equity shares.The approval concerns the proposed issuance of 6,75,00,000 Equity shares at a price of Re. 1/- each.The company announced this update following receipt of the in-principle approval letters from both exchanges for the transaction.Details of the planned preferential issue are as follows:DetailValueCompanySadhana Nitrochem LimitedEventPreferential Issue of Equity SharesNumber of Shares6,75,00,000Issue PriceRe. 1/- each...

KPIT Technologies Grants 8,000 Options under Restricted Stock Unit Plan 2022 KPIT Technologies Limited has granted 8,000 options to eligible employees as part of the Restricted Stock Unit Plan 2022 (RSU Plan 2022). The grant was made by the Nomination and Remuneration (HR) Committee of the Board of Directors.The options were provided to employees who are covered under the RSU Plan 2022, which had been approved previously by shareholders in an Annual General Meeting held on August 24, 2022.Key details regarding the option grant include:Total Options Granted: 8,000 options were granted to eligible employees. Shares Covered: The options cover not more than 8,000 shares. Exercise Price: The exercise price for each RSU is set at Rs...

Vdeal System Limited Wins ₹24.21 Million Order for Power Distribution System from NEELACHAL ISPAT Vdeal System Limited has secured a significant contract worth ₹ 24,213,600 for the supply of a Power Distribution System. The order was placed by NEELACHAL ISPAT and is scheduled for delivery by February 28, 2027.The company, which specializes in Smart Electrical LT & HT Panels, Industrial Automation, IoT & Digitization, and Renewables, received the contract from the domestic entity, NEELACHAL ISPAT. The successful order contributes to Vdeal System Limited's expansion as it continues to strengthen its business growth footprint.As part of this transaction, the company confirmed that there is no interest held by any promoter or promoter...

Konstelec Engineers Secures Two Contracts Worth ₹12.96 Crore from Reliance Industries Limited Mumbai, July 28, 2026: Konstelec Engineers Limited, an integrated EPC company specializing in Electrical, Instrumentation, and Automation systems, has secured two significant work orders from Reliance Industries Limited (RIL). The contracts, which total ₹12.96 crore including GST, reinforce the company’s presence in critical electrical infrastructure and showcase its expertise across the energy, petrochemical, and advanced manufacturing sectors.The newly acquired projects involve large-scale electrical infrastructure works for Reliance's RG Expansion Project at Jamnagar, as well as Pre-Commissioning and Commissioning activities for the...

Rajputana Biodiesel Limited Secures LOI from BPCL for Supply of Biodiesel Worth Rs. 11.78 Crores Rajputana Biodiesel Limited has received a Letter of Intent (LOI) from Bharat Petroleum Corporation Limited (BPCL) for the supply of biodiesel. This contract covers a volume and value estimation totaling approximately Rs. 11.78 Crores, inclusive of GST.The LOI specifies that Rajputana Biodiesel Limited will supply 1271 KL of biodiesel at Jobner in Jaipur, Rajasthan, over the period spanning June 2026 to August 2026. The order is designated as a domestic contract awarded by BPCL, which is categorized as a Domestic Entity.The details of this specific business agreement are summarized below:DetailInformationAwarding EntityBharat...

RailTel Corp reports on sustainability and social performance; Highlights operational focus across digital infrastructure Railtel Corporation of India Limited (RCIL), a Navratna enterprise, has released its Business Responsibility and Sustainability Report (BRSR) for Fiscal Year 2025-26. The report provides a detailed snapshot of the company’s operations, stakeholder engagement, and environmental commitments as it continues to drive digital infrastructure projects across the country.The corporation's core business activities center around project execution, national long distance services, and Internet Service Provider (ISP) provision. For FY 2025-26, the company reported a paid-up capital of ₹320.94 Cr. The operations span Pan India...

R&B Denims Limited Grants Unsecured Loan of Rs 4 Crore to Shah Paper Mills Limited R&B Denims Limited has entered into a loan agreement with Shah Paper Mills Limited, providing financial assistance for the latter’s business activities. The transaction was formalized on July 28, 2026, involving an unsecured loan amounting to Rs 4,00,00,000/-.The Board of Directors approved the agreement, committing R&B Denims Limited as the lender and Shah Paper Mills Limited as the borrower for the financial support. This transaction is intended to assist Shah Paper Mills with its ongoing business operations.Details regarding the executed loan agreement are summarized below:ParticularsDetailsAgreement DateJuly 28, 2026LenderR & B Denims...

Independent Directors Committee Concludes Open Offer is Fair and Reasonable for Niraj Cement StructuralsNiraj Cement Structurals Limited has received confirmation regarding its open offer following the meeting of the Committee of Independent Directors. The committee concluded that the open offer put forth by Gulshankumar Vijaykumar Chopra is fair and reasonable.The Committee, which held a meeting on July 28, 2026, reviewed the details of the open offer concerning the target company. The offer has been made by the Acquirer to acquire up to 15,520,529 equity shares of Niraj Cement Structurals Limited.The transaction represents 26.00% of the fully paid-up and voting share capital. Under the open offer terms, the fully paid-up equity...

Magson Retail And Distribution Limited Allots 3,90,490 Equity Shares Against Warrants Conversion Magson Retail And Distribution Limited has approved the allotment of 3,90,490 Fully Paid-up Equity Shares following the exercise of Convertible Equity Warrants by select non-promoters. This allotment was finalized on July 28, 2026, upon receipt of the balance payment required from the warrant holders.The shares were allotted with a face value of ₹ 10/- each and an issue price of ₹ 93.25/- per share. The transaction involved the conversion of warrants held by non-promoter entities, as detailed in Table A.As recorded in the details provided for this allotment:CategoryTotal Warrants Allotted (to the converted parties)Equity Shares...

Forcas Studio Approves Employee Stock Option Plan 2026; Sets Dates for Annual General Meeting Forcas Studio Limited has approved its 'Forcas Studio Employee Stock Option Plan, 2026' (ESOP Scheme, 2026). The Board of Directors granted approval for the scheme, which is intended for eligible employees. Furthermore, the Board set key dates and logistics for the company’s Annual General Meeting (AGM) scheduled for September 23, 2026.The Employee Stock Option Plan, 2026, was approved by the Board based on recommendations from the Nomination and Remuneration Committee (NRC). The plan grants up to 2,00,000 employee stock options. These options are designed to be exercisable into equity shares of face value Rs 10/- each, fully paid-up, subject...

HDB Financial Services Limited Approves Appointment of Jimmy Tata as Non-Executive Director HDB Financial Services Limited has approved the proposal for the appointment of Mr. Jimmy Tata as a Non-Executive Director on its Board. The appointment is tied to his role as the Nominee Director of HDFC Bank Limited.The Company's Board of Directors considered and approved the nomination of Mr. Jimmy Tata (DIN:06888364) at a meeting held on July 28, 2026.Mr. Tata is proposed to serve as a Non-Executive Director for HDB Financial Services Limited until July 31, 2028. This appointment is contingent upon obtaining prior approval from the Reserve Bank of India (RBI) and satisfying all other applicable regulatory requirements.The Board further...

Konstelec Engineers Secures ₹ 12.96 Crore in New Work Orders from Reliance Industries LimitedKonstelec Engineers Limited has secured two notifications of award or work orders valued at ₹ 12.96 Crore, including GST, from Reliance Industries Limited. The contract acquisitions mark a significant expansion of the company's presence in the industrial sector.The contracts relate to engineering procurement and commissioning services. This business development solidifies Konstelec Engineers’ position as a trusted partner for large-scale industrial projects.The award of these two major orders by Reliance Industries Limited highlights the growing capabilities of Konstelec Engineers in handling complex EPC (Engineering Procurement...