Markets

Bondada Engineering Acquires Majority Stake in SPV for 225 MW Solar Project under PM-KUSUM Scheme Bondada Engineering Limited (BEL) has acquired a majority equity stake in Onix IPP Private Limited (OIPL), a Special Purpose Vehicle (SPV). The acquisition grants BEL controlling interest in a 225 MW solar power portfolio, which is being developed as an Independent Power Producer (IPP) under the PM-KUSUM Scheme in Maharashtra.The investment aligns with Bondada Group’s strategic goal of developing and owning renewable energy assets to generate predictable annuity-based revenues. These income streams are intended to complement the Group's existing revenue from Battery Energy Storage System (BESS) assets, thereby reinforcing its portfolio of...

Cera Sanitaryware Ltd Announces Board Meeting to Approve Q1 Unaudited Financial Results Cera Sanitaryware Limited has scheduled a Board of Directors meeting to review and approve its Unaudited Financial Results for the quarter ending June 30, 2026.The company announced that the Board Meeting will take place on Friday, August 7, 2026. The primary agenda item for the meeting is to consider and subsequently approve the financial results corresponding to the quarter that concluded on June 30, 2026.In relation to the release of these results, Cera Sanitaryware Limited provided specific details regarding the trading window for its shares.The company confirmed that the trading window for its stock had been closed with effect from July 1...

Noida Toll Bridge Company Ltd Board Meeting Scheduled for Financial Results Approval; Trading Window ClosedNoida Toll Bridge Company Ltd has scheduled a meeting of its Board of Directors to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter or year ended June 30, 2026.The Board meeting is set to be held on Monday, August 03, 2026, with the aim of reviewing and taking on record the financial outcomes for the specified period.In addition to the board meeting announcement, the company confirmed the status of its insider trading window. The trading window has been closed since January 1, 2026, and is expected to remain closed until the evening of August 05, 2026. During this restricted...

Rushil Decor Limited Board Meeting Scheduled to Review Q1 Financial Results; Trading Window Closed Rushil Decor Limited has announced that a meeting of its Board of Directors is scheduled to consider and approve the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026.The Board meeting for Rushil Decor Limited is set for Saturday, August 8, 2026. The primary agenda item for the meeting includes the consideration and approval of the company's financial results. Additionally, the board is scheduled to address any other business with the permission of the Chair.In related operational updates regarding market activity, the company has announced changes to its trading window. Trading in Rushil...

Cineline India Reports Unaudited Q2 Results; Net Loss Driven by Fire Incident and Labour Code Impact Cineline India Ltd has released its Unaudited Financial Results for the quarter ended June 30, 2026. The results were reviewed by independent auditors, KKC & Associates LLP, and approved at the company's Board of Directors meeting held on July 27, 2026.The Statement of unaudited financial results reflects a net loss for the quarter ending June 30, 2026, primarily impacted by expenses and exceptional items. The figures for the quarter are presented in X lakhs, as detailed below.Key financial outcomes for the period include:Total Income (1+11): 6,030.93 Total Expenses (IV): 6,024.87 Profit/(Loss) before tax: (148.13) Profit/(Loss)...

Chatha Foods Commences Commercial Production at New Vegetarian Manufacturing Unit Chatha Foods Limited has begun commercial production operations at its dedicated vegetarian manufacturing unit located in Village Toffanpur, Tehsil Dera Bassi, District SAS Nagar, Punjab. This milestone follows the commissioning of the facility and the completion of product development activities, which were previously reported by the company on November 18, 2025.The new manufacturing unit has an annual production capacity set at 16,000 MT. The facility is designed to produce a range of vegetarian food products tailored for various commercial channels. These products include frozen flatbreads, vegetarian snacks, ready-to-cook gravies and sauces, and...

Spectrum Electrical Industries Launches Preferential Issue: Raising Up To ₹324 Crore through Equity and Warrants Spectrum Electrical Industries Limited has announced a significant preferential issue move, intending to raise up to ₹324,99,96,750/-. The funding initiative involves the offer and allotment of equity shares and convertible warrants (Subscription Securities) in private placement.The company's Board approved the issuance of Subscription Securities, with the total funds targeted for utilization across two principal objects: repayment/pre-payment of certain borrowings, and general corporate purposes.Preferential Issue DetailsThe Preferential Issue aims to raise a combined amount up to ₹324,99,96,750/- through the following...

Tamilnad Mercantile Bank Posts Net Profit of 41,151 Lakhs for Quarter Ended June 30, 2026 Tamilnad Mercantile Bank Limited (TMB) has released its Unaudited Financial Results for the quarter ended June 30, 2026. The bank reported a net profit of 41,151 Lakhs, driven by robust total income and maintained strong asset quality metrics across various parameters during the review period.The results reflect operational performance across several key financial indicators. Total income for the quarter stood at 190,079 Lakhs (₹ in Lakhs). This figure includes 137,159 Lakhs from interest/discount on advances/bills and 27,780 Lakhs from income on investments. The bank reported total expenditure of 128,972 Lakhs for the quarter.The bank...

Gold Prices Surge Across Major Cities as Jewellery Brands Raise Rates The market witnessed a consistent rise in gold jewellery prices across various metros today, July 27, 2026. Consumers planning to purchase precious metal items must stay updated on the fluctuating rates, as slight price variations exist between premier jewellers and regional charges due to local taxes and applicable levies. This comprehensive review covers the latest pricing from leading brands like Tanishq, Kalyan Jewellers, Joyalukkas, and Malabar Gold & Diamonds in key cities nationwide.Daily Trends for 22K Gold Jewellery Across all monitored locations, the price of 22 Karat (22K) gold showed an upward trend compared to the previous day. For instance, at Tanishq...

Hirect Secures Maiden MEMU Trainset Order, Marking Expansion into Integrated Rail Systems Hirect Limited (formerly Hind Rectifiers Limited) has secured its inaugural order for Mainline Electric Multiple Unit (MEMU) trainsets from MCF. This agreement marks a pivotal moment in the company's strategic evolution, enabling it to transition beyond being solely a component manufacturer and establish itself as a provider of integrated railway systems.The development order is valued at approximately ₹ 60 crore. It involves supplying complete Propulsion Systems for four MEMU trainsets. These supplied components include Traction Transformers, Traction Motors, and the Complete Propulsion System which incorporates the Train Control and Management...

Lyons Corporate Market Ltd to Hold Board Meeting to Approve Q1 Unaudited Financial Results Lyons Corporate Market Ltd has scheduled a meeting of its Board of Directors to review and approve the company's Unaudited Financial Results for the first quarter ending June 30, 2026.The meeting is set to take place on Thursday, August 13, 2026, at the registered office of the company. The primary focus of the Board will be considering and approving the financial performance detailed in the Unaudited Financial Results for the first quarter concluded on June 30, 2026.Stock Price Movement As of 11:14, Lyons Corporate Market Ltd shares are holding steady at ₹22.50, recording zero change in value. The stock is trading completely flat, with its...

Promoter Group Status Change: Payal Upadhyay Seeks Public Shareholder Classification at Antelopus Selan Energy Antelopus Selan Energy Ltd. is undergoing a shareholder status review following a request made by Ms. Payal Upadhyay for reclassification from Promoter Group to Public category. The matter was addressed in the company’s Board of Directors meeting on July 27, 2026.Ms. Payal Upadhyay sought the change in classification based on her current involvement and holdings within the company. As of the date of the request, she holds 166 equity shares in Antelopus Selan Energy Ltd., which accounts for 0.001% of the total voting rights in the Company.Ms. Upadhyay stated that the rationale behind her request is that she has no role to...

Forge Breakthrough: Two SME IPOs Launch as Advance Technoforge and Propshop Events Seek Investor Backing The SME segment saw fresh activity on July 27, 2026, with two specialized public issues opening for subscription. The BSE SME Advance Technoforge IPO and the NSE SME Propshop Events & Exhibitions IPO present investors with distinct opportunities in the industrial manufacturing and event solutions sectors. Despite the new listings, both offerings have seen a muted response on their opening day, with current subscription levels remaining below 1%.Advance Technoforge SME IPO Details: A Look at Precision Manufacturing The Advance Technoforge IPO is a fixed-price issue totaling Rs 24.03 crore and comprises 25 lakh shares. The company...

SMC Global Securities Reports Robust Q1 FY27 Performance Driven by Broking and Distribution SMC Global Securities Ltd announced results for the first quarter of the financial year 2026-27, showing significant growth in broking and distribution services. The company reported a Consolidated Operational Income of INR 515.1 Crores, marking a 21.2% increase year-on-year (Y-o-Y).The Q1 FY27 performance demonstrated healthy expansion across the group's activities. Consolidated EBITDA reached INR 107 Crores, reflecting a 6.9% rise in the same period and showing a 350 basis point bps improvement in EBITDA Margins compared to Q1 FY26. The company also recorded a Profit After Tax (PAT) of INR 36.7 Crores, with PAT Margins improving by 290 bps...

Mahanadi Coalfields IPO Set for Rs 10,000 Crore Listing as Coal India Pushes Disinvestment Agenda State-owned Mahanadi Coalfields Ltd (MCL), a highly profitable subsidiary of Coal India Limited, has initiated the process to divest a stake in its operations through a major Initial Public Offering (IPO). The invitation extended to investment banks signals a significant move in the Centre's broader push toward unlocking value from public sector enterprises.The proposed IPO is expected to be worth around Rs 10,000 crore. Banker presentations are scheduled for August in Kolkata, and industry sources suggest that top domestic financial institutions will participate, with foreign banks potentially being part of the process as well.Key...

Elpro International Ltd. Initiates Voluntary Delisting Offer; Fixed Price Set at ₹181.80 per Share Elpro International Limited has initiated a voluntary delisting offer of its Equity Shares from the BSE, with the Acquirers setting a fixed price for the transaction through a public tender mechanism. The delisting proposal involves the acquisition of Public Shareholders' shares by the promoter group members, aiming to reduce ongoing compliance costs and provide liquidity to shareholders.The Delisting Offer is being conducted by Motilal Oswal Investment Advisors Limited as the Manager to the Delisting Offer. The Acquirers include I G E (India) Private Limited and Zenox Technology Services Private Limited, along with persons acting in...

Lohia Corp IPO Hits 74% Subscription: GMP Signals Potential Listing Rally in Technical Textiles Space The Initial Public Offering (IPO) of Lohia Corp, a key manufacturer in the technical textiles industry, witnessed a solid response on its final bidding day. The issue received over 70 percent subscription by 11 am on July 27, as reported by the National Stock Exchange (NSE). This subscription reflects interest in the company’s robust operational footprint and market position.The Rs 1,101.28-crore public offering saw a total demand of bids for 1,05,76,230 shares against the available offer of 1,43,52,274 shares, resulting in a final subscription rate of 74 percent. Retail investors (RIIs) demonstrated the highest enthusiasm, achieving...

Manipal Health Faces Minority Shareholder Backlash Ahead of Crucial IPO Submission A protracted dispute involving minority shareholders of its Kolkata-based subsidiary, Manipal Hospitals Synergie Private Limited (MHSPL), has surfaced ahead of Manipal Health Enterprises' IPO filing. The US-based investors have leveled multiple serious allegations against the company concerning promised returns, share dilution, and governance failures.Manipal Health Enterprises (MHEL) has vehemently denied all claims, asserting that its Draft Red Herring Prospectus (DRHP) provides complete and accurate disclosures regarding the entire matter. The dispute involves five US investors who collectively hold 9,57,706 equity shares in MHSPL.Core Allegations...

Indraprastha Medical Corporation to Hold Board Meeting to Approve Q2 Financial Results Indraprastha Medical Corporation Limited (Apollo Hospitals) announced that its Board of Directors will convene a meeting to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The meeting is scheduled for Thursday, August 6, 2026.The board meeting aims to review and ratify the performance metrics and financial outcomes for the period ending June 30, as detailed in the unaudited results. This event marks the formal consideration of the company's operational results for that specific quarter.INDRAMEDCO Stock Price Movement Shares of Indraprastha Medical Corporation Limited are edging higher to ₹366.4 as of 1:49...

Sumitomo Chemical India Reports Unaudited Results for Quarter Ended June 30, 2026; Revenue Stands at ₹10,540.75 Million Sumitomo Chemical India Limited has released its unaudited financial results for the quarter ending June 30, 2026. The results include both standalone and consolidated figures, detailing operations across the agro-chemicals segment.The Company's business is noted to be seasonal in nature, with performance depending on monsoon and other climatic conditions. As part of the reporting details, management provided insight into "Exceptional Items" related to prior incidents and regulatory changes within the industry.Standalone Financial Performance (Q Ended June 30, 2026) The unaudited standalone financial results for...