Markets

Timken India Recommends Dividend of Rs 2.50 Per Share for FY26, Details Tax Withholding Structure Timken India Limited announced that its Board of Directors had recommended a dividend of Rs 2.50 per equity share for the financial year ended March 31, 2026. The recommendation is subject to approval by Members at the upcoming 39th Annual General Meeting (AGM).The company confirmed that shareholders would be required to have tax deducted at source (TDS) on the dividend in line with the provisions of the Income Tax Act, 2025.The recommended payment pertains to equity shares with a face value of Rs 10 each, which are fully paid up.Dividend and TDS Structure Summary Timken India provided specific guidelines regarding the tax deduction...

PDS Limited Announces 15th Annual General Meeting, Shares FY2025-26 Annual Report Availability PDS Limited has announced the details of its 15th Annual General Meeting (AGM) for the financial year 2025-26. The meeting is scheduled to be held on Friday, July 31, 2026, at 2:30 P.M. (IST). Members will be able to attend the AGM via Video Conferencing (VC) or Other Audio Visual Means (OAVM).The notice for the Annual General Meeting, along with the Annual Report for FY 2025-26, has been circulated in compliance with relevant regulations. For shareholders who did not receive electronic distribution of the report, the complete Annual Report is available on the company's website.A structured guide detailing where members can access the...

Impex Ferro Tech Limited holds 29th Committee of Creditors meeting during CIRP Impex Ferro Tech Limited held its twenty-ninth meeting of the Committee of Creditors (CoC) on July 6, 2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP).The gathering was conducted by the Resolution Professional, Ashok Kumar Sarawagi, concerning Impex Ferro Tech Limited. The event marks a step in the ongoing CIRP for the entity.

AI Tech Plunge Rattles Global Markets as Chip Giants Face Capacity Concerns and Scepticism Asian technology stocks faced a major sell-off on July 7, signaling renewed caution amid concerns over the sustainability of the rapid AI-driven rally. Several key players in the artificial intelligence sector saw significant declines, prompting investors to reassess the near-term trajectory of the tech boom. This selling pressure followed a period of exuberant growth, as markets grapple with whether escalating capital spending and intense competition can sustain the elevated valuations seen across the chip industry.Asian Equities Revert Amid Tech Sell-Off The MSCI Asia Pacific Index dropped substantially for the first time in three days after...

Company Confirms Proceeds Utilization of Commercial Paper for Quarter Ended June 30, 2026 The company has confirmed the utilization of proceeds generated from its Commercial Papers (CPs) for the quarter ending June 30, 2026.A certificate issued by the Chief Financial Officer of the organization confirms that the funds raised through the issuance of Commercial Papers were applied strictly for the purposes outlined in the respective offer documents. The confirmation also states that all other listing conditions associated with the CPs were adhered to during this period.This declaration addresses the framework for the listing of CP and reaffirms adherence to specified requirements concerning the utilization of the proceeds of these...

State Refiners Stand Ready to Secure Iran Oil If US Extends Waivers Indian state-run refiners are actively engaged in discussions with traders marketing Iranian crude oil, positioning themselves to make significant purchases should the United States extend its waivers or ease restrictions past the current August 21 deadline. These government-backed companies are working to secure access to Iranian barrels as they await a decisive change in global policy regarding sanctions.While there is a clear appetite among buyers, these refiners currently face constraints due to pre-existing commitments. They have fully contracted shipments that require oil supplies through August, having already secured provisions when seeking supplies during the...

Matrimony.Com Reports Qended June 30, 2026 Billings, Showing Consolidated Growth Matrimony.Com Limited has released its financial updates for the quarter ended June 30, 2026, detailing consolidated billings and segment-wise performance compared to the corresponding period in the previous year.The company reported a 7.8% Year-on-Year (YoY) growth in consolidated billings during the three months ended June 30, 2026. Total billings for the quarter stood at 13,603 Rs. Lakhs, up from 12,616 Rs. Lakhs recorded in the same period of the previous year.The comparative financial details are as follows:MetricThree Months Ended June 30, 2026 (Rs. Lakhs)Three Months Ended June 30, 2025 (Rs. Lakhs)Consolidated Billings13,60312,616In...

Container Corporation of India Updates Board as Director's Tenure Concludes Container Corporation of India Limited (CONCOR), a Maharatna CPSE of the Government of India and a multimodal logistics company, has recorded a change in its directorial composition.Smt. Namita Devi, also known as Smt. Lovely Gupta, completed her tenure as an Independent Director of the Company. Her role concluded effective July 6, 2026, following the appointment order issued by the Ministry of Railways, Government of India.The company provided an updated list of its Board of Directors detailing the current structure of its leadership team.Board of Directors of Container Corporation of India Ltd. The board comprises senior management and government...

Muthoot Microfin Ltd Confirms Use of Commercial Paper Proceeds for Quarter Ended June 30, 2026 Muthoot Microfin Ltd has confirmed that the proceeds generated from its Commercial Paper issuance were utilized strictly for the purposes disclosed in the respective offer documents. The confirmation pertains to the financial operations during the quarter ended June 30, 2026.The company stated that all other listing conditions related to the Commercial Papers were adhered to during this period. This information confirms compliance regarding the use of funds raised through these debt instruments by Muthoot Microfin Ltd.MUTHOOTMF Stock Price Movement Shares of Muthoot Microfin Limited slipped today, closing down 1.54% to settle at ₹213.41...

Ashoka Buildcon Limited Completes Full Redemption of Commercial Papers; Interest Paid Ashoka Buildcon Limited announced today, July 07, 2026, the complete redemption of its Commercial Papers (CPs). The company paid the full redemption amount, alongside the accrued interest, on the due date.The redemption was finalized in full at Rs.100 Crore.The detailed terms regarding the interest payment and the specifics of the CPs are as follows:ParticularsDetailsIssue SizeRs.100 CroreInterest Amount to be Paid on Due DateRs.180.38 LakhFrequencyOn Maturity dateInterest Payment Record Date04-07-2026Due/Actual Interest Payment Date07-07-2026The company also provided details regarding the redemption process, noting that the...

Matrimony.com Ltd Posts Q2 Billings Growth with Consolidated Revenue Reaching 13,603 Rs LakhsMatrimony.com Ltd has reported its unaudited billings for the quarter ended June 30, 2026, showing growth in consolidated revenue compared to the previous year. The company's billings reached 13,603 Rs Lakhs during the three-month period of June 30, 2026.The figures indicate a Year-on-Year (Y-o-Y) growth of 7.8% in consolidated billings for the quarter ended June 30, 2026, when compared to the corresponding period of the previous year.Consolidated billing details across both periods are summarized below:MetricQ2 Ended June 30, 2026 (Rs Lakhs)Q2 Ended June 30, 2025 (Rs Lakhs)Consolidated Billings13,60312,616The company provided a...

Directors Resign from Sylph Industries Ltd Amidst Commitments Sylph Industries Ltd (formerly known as Sylph Technologies Limited) announced the resignation of two Non-Executive Independent Directors following a Board meeting held on July 07, 2026.The Board accepted the resignations of Mr. Shailesh Bajibhai Patel and Mrs. Priyanka K Gola from their respective posts as Non-Executive Independent Director of the company, effective at the close of business hours on July 07, 2026. Both individuals resigned citing personal reasons and other commitments.The company noted the contributions made by Mr. Nilesh Jain and Mrs. Priyanka K Gola during their tenure as Board Members.Details of Resignations Details regarding the resignations and...

Chiraharit Ltd Secures Multiple Purchase Orders for Solar Module Cleaning System Components Chiraharit Limited, formerly known as Chiraharit Private Limited, has secured two separate Purchase Orders from Zetwerk Manufacturing Businesses Limited for the supply and installation of pipes and fittings intended for a Solar Module Cleaning System.The contracts involve supplying components to Zetwerk Manufacturing Businesses Limited, confirming business activity in specialized industrial systems. The orders require Chiraharit to manage both the material supply and the necessary installation scope within Maharashtra.The details regarding the two domestic purchase orders are as follows:Order DetailBusiness EntityProduct/ServiceTotal...

Advait Energy Transitions Secures ₹51 Crore Contract from DGVCL for Power Conductor Supply and Installation Advait Energy Transitions Limited has secured a major Turnkey Contract valued at ₹ 51,61,56,375.00 from Dakshin Gujarat Vij Co. Ltd. (DGVCL). The contract pertains to the supply, installation, testing, and commissioning of 11KV 55mm2 AAAC Medium Voltage Covered Conductor (MVCC) along with accessories and additional poles, if necessary, within DGVCL's jurisdiction area.The order was awarded on July 6, 2026, under the Vanbandhu Kalyan Yojana-2 (VKY-2) Scheme or another relevant scheme implemented by DGVCL.The contract is a domestic Turnkey arrangement involving all aspects of the infrastructure project. While PSC/RSJ poles will...

Hittco Tools Ltd. to Host Board Meeting to Consider Share Capital Increase and Postal Ballot Matters Hittco Tools Ltd has scheduled a meeting of its Board of Directors at the company's registered office on Wednesday, July 15, 2026, at 3:00 P.M. The primary focus of the meeting will be to consider and approve a proposal for increasing the Authorized Share Capital of the Company.The board agenda includes several crucial items related to this capital restructuring. Management will review the proposal for the increase in Authorized Share Capital, noting that this action is subject to subsequent shareholder and other statutory or regulatory approvals as required. The meeting will also address the necessary alteration of Clause V of the...

C2C Advanced Systems Board Approves Borrowing Limit, Sets Rs 60 Crore Cap The Board of Directors of C2C Advanced Systems Limited approved a key resolution authorizing the company to borrow funds as deemed necessary for its business operations. This decision was taken during a meeting held on Tuesday, July 07, 2026.As recommended by the Audit Committee, the Board authorized the company's borrowing limit. The authorization allows the company to obtain sums of money as required for its business purposes.The approval established clear financial guidelines for the borrowing. It stipulated that the aggregate amount borrowed, including existing debt, must not exceed the combined total of the Company’s paid-up share capital, free reserves...

F Mec International Financial Services Ltd Undertakes Corporate Website Revamp, Anticipates Restoration within 7-10 DaysF Mec International Financial Services Limited has announced that its official corporate website is temporarily non-operational as the company undergoes a complete revamp and redesign of its digital presence. The upgrade aims to provide shareholders, investors, and stakeholders with an improved and enhanced user experience.The necessary upgradation activities include technical hosting migration and the implementation of a new website framework for www.fmecinternational.com. Due to these intensive operational changes, the company's site is currently temporarily unavailable while the IT teams work on the...

EMS Ltd Awarded Contract for Sewerage Work by Delhi Jal Board EMS Ltd has received the Lowest Bidder (L-1) status awarded by the Delhi Jal Board for a significant sewerage work project. The contract, valued at Rs. 15,828.57 lakhs inclusive of GST, pertains to laying and jointing internal and peripheral sewer lines in Tikri Kalan GOC under the command of the proposed STP at Tikri Kalan.The order was awarded by the Delhi Jal Board, Office of Executive Engineer(C) DR-XV Jal Sadan Annexe in Lajpat Nagar, New Delhi. The contract duration is specified for 15 months.The project falls under NIT-01 and has been awarded by a Domestic Entity. The company confirmed that this contract does not represent a related party transaction, nor does the...

Sylph Industries Ltd Accepts Resignation of CFO Sachin Singh Sylph Industries Ltd has accepted the resignation of Mr. Sachin Singh from the post of Chief Financial Officer (CFO), effective at the close of business hours on July 07, 2026. The company confirmed that the Board of Directors had received and accepted the resignation, which was tendered by Mr. Singh due to pre-occupation and personal reasons.The Board of Directors of Sylph Industries Limited noted Mr. Singh’s departure and recorded its sincere appreciation for the contributions he made while serving as CFO of the company.Mr. Sachin Singh tendered his resignation from the position of Chief Financial Officer (Key Managerial Personnel) of Sylph Industries Limited. The...

Atishay Ltd Awarded ₹ 47.06 Lakhs Work Order for Wi-Fi Network AMC at IIFM, Bhopal Atishay Ltd has secured a new contract from Bharat Sanchar Nigam Limited (BSNL), Bhopal, for the supply, installation, and commissioning of Wi-Fi network infrastructure and comprehensive Annual Maintenance Contract (AMC) work at IIFM, Bhopal.The work order, which reflects the trust placed in the company's technological capabilities, totals ₹ 47.06 Lakhs, inclusive of all applicable duties and taxes. The contract is with a domestic entity and falls under the nature of a service work order for the specified supply and commissioning job.Details regarding the awarded contract are as follows:ParticularsDetailsEntity Awarding OrderBharat Sanchar...