Markets

Mamata Machinery Ltd Halts Production Due to Flooding at Ahmedabad Plant Mamata Machinery Ltd, formerly known as Mamata Machinery Private Limited, has temporarily suspended manufacturing operations and production at its Ahmedabad plant following severe water logging and flood-like conditions caused by unprecedented heavy rainfall in the region.The company announced that the factory located in Moraiya, Sanand, Ahmedabad, was forced to halt all manufacturing activities due to the extreme weather event. The rain in Ahmedabad and surrounding areas including Changodar and Bavla resulted in significant flooding at the manufacturing unit situated at Survey No. 423/P, Sarkhej-Bavla Road, Moraiya, Sanand, Ahmedabad - 382213.While the water...

SRM Contractors Limited converts Abu Dhabi branch into wholly owned LLC subsidiary SRM Contractors Limited has approved a significant structural change regarding its operations in Abu Dhabi, deciding to convert the company’s existing 'Branch' into a fully capitalized and controlled limited liability entity.The Board of Directors of SRM Contractors Limited reviewed and approved the proposal for this transformation on July 25, 2026. The branch, which was registered with the Department of Economic Development in Abu Dhabi under License Number CN-6182190, is being transitioned into a new corporate structure.The entity will be established as 'SRM Contractors LLC' or an alternate name approved by the Department of Economic Development...

Monolithisch India Limited Reports Consolidated and Standalone Financial Results for Quarter Ended June 30, 2026 Monolithisch India Limited announced its unaudited consolidated and standalone financial results for the quarter ending June 30, 2026. The Board of Directors approved these results on July 25, 2026, following a board meeting held at the Company’s corporate office. Both sets of results were reviewed by independent statutory auditors.The company, which is engaged in the manufacturing of refractory materials used in Steel Plants/Secondary Steel Plant and Furnaces, showed performance across its operating segments.Consolidated Financial Results Summary (Quarter ended June 30, 2026) The consolidated financial statements...

Five-Star Business Finance Limited Releases Quarterly Results, Announces Key Appointments and Auditor Proposal Five-Star Business Finance Limited has announced its unaudited financial results for the quarter ended June 30, 2026, alongside important corporate governance updates. The company also proposed the appointment of a new joint statutory auditor and confirmed several key compliance metrics related to its secured debentures.The Board meeting held on July 25, 2026, considered and approved the unaudited financial results, which were reviewed by Statutory Auditors M/s Deloitte Haskins & Sells and received an unmodified opinion.Financial Performance Highlights (Quarter ended June 30, 2026) The company reported Total income of...

Patel Retail Limited Announces New Store Opening; Total Stores Reach 53 Patel Retail Limited has announced the opening of a new store, bringing its total operational stores count to 53.The newly opened location is PATEL'S R MART. The details for this store are as follows:CodeName of the StoreAddress of the storeUKRPATEL'S R MARTPatel's R Mart ,Survey N0,58/1/A House No. 4684 Karanja, Road URAN , Raigad, Maharashtra-400702As a result of this expansion, the total number of stores managed by Patel Retail Limited currently stands at 53.PATELRMART Stock Price Movement On Friday, shares of Patel Retail Limited gained after closing at ₹223.44, reflecting a 1.09% rise in the equity. The stock traded within a tight session...

Final Dividend Recommended: Five-Star Business Finance Details TDS Structure for Shareholders Five-Star Business Finance Limited has announced a final dividend of Rs. 2.00 per equity share, recommending this payment following its Board of Directors meeting held on April 28, 2026. The company provided detailed information regarding the Tax Deducted at Source (TDS) applicable to shareholders under the provisions of the Income-tax Act, 2025 and subsequent amendments.The dividend recommendation was made based on the company's performance for the financial year 2025/26.Dividend Timeline and Shareholder Eligibility Key dates related to the dividend payment were specified in the communication:Record Date: The date for determining...

Russia Extends Gasoline Export Ban Amid Fuel Shortages but Promises Diesel Freedom Upon Market Recovery Extended Bans Tackle Domestic Fuel Crunch as Moscow Strives for Stability Russia has extended its export ban on gasoline through the end of the year as the government struggles with widespread fuel shortages. Deputy Prime Minister Alexander Novak confirmed that the existing restrictions, which run until July 31, are being maintained to manage domestic supply levels.The measure is part of a broader response to the current nationwide fuel crunch experienced across Russian regions this summer. The shortage crisis has seen many areas rationing both gasoline and diesel sales.Diesel Export Ban Targeted for Lifting When Market Stabilizes...

Northern Arc Capital Completes Financial Year 2025-26, Highlights Commitment to Responsible Lending and ESG Goals Northern Arc Capital Limited, a Non-Banking Financial Company (NBFC), has released its Business Responsibility Sustainability Report for the financial year 2025-26. The report outlines the company's operational footprint, workforce composition, and commitments toward sustainable business practices across its various functions.The NBFC operates primarily in the financial services sector, with all business activities focused on Non-Banking Financial services, representing 100% of the entity's turnover. Northern Arc maintains a network of 91 offices nationwide, serving diverse customer segments including rural and retail...

Electronics Mart India Limited Commences Operations of New Multi Brand Store in Delhi Electronics Mart India Limited has successfully commenced commercial operations for a new multi brand store under its own name, 'ELECTRONICS MART'. The expansion move signifies the company's continued growth and commitment to serving consumers across different markets.The new outlet was operationalized on July 25, 2026, in Delhi. This facility is dedicated to offering a range of products while maintaining the core identity of the ELECTRONICS MART brand.The details pertaining to this newly opened store are as follows:Operational DetailSpecificationBrand NameELECTRONICS MARTDate of CommencementJuly 25, 2026Location Address294, Block -J...

Hindware Home Innovation Ltd. Reports Operational Metrics, Employee Welfare Data in Sustainability Review Hindware Home Innovation Limited (HHIL) has detailed its operational scope, workforce statistics, and environmental performance within its Business Responsibility and Sustainability Report for the financial year 2025-26. The report provides comprehensive insights into the company's business activities, product market penetration, and commitment to responsible manufacturing practices across various global and national benchmarks.Business and Market Operations HHIL’s primary focus is on consumer products including kitchen appliances, air coolers, electronic household goods, and home interior and furniture products. The company...

D.K. Enterprises Global Limited Acquires Land and Building in Solan for Operational Expansion D.K. Enterprises Global Limited has entered into an agreement to purchase land and building located in Himachal Pradesh. The acquisition is intended to facilitate the expansion of the company's operations by allowing it to set up additional facilities.The property acquired is located at Plot no. 3A, Apparel Industrial Area, Katha Bhatoli-Baddi, District Solan, Himachal Pradesh- 173205. The total cost for the land and building is Rs. 12.50 Crores (Rupees Twelve Crores and Fifty Lakhs Only).Regarding the transaction details, D.K. Enterprises Global Limited has paid an advance of Rs. 12 Crores (Rupees Twelve Crores Only) towards this purchase...

Alldigi Tech Ltd shifts registered office within Chennai city Alldigi Tech Limited, previously known as Allsec Technologies Limited, has completed the relocation of its registered office within Chennai. The change became effective on July 25, 2026.The shift in the company's registered address was decided by the Board of Directors at a meeting held on July 24, 2026. The management stated that the move is intended to facilitate better administrative convenience and more effective coordination for the organization.Alldigi Tech Limited has moved its headquarters within the local limits of Chennai City, remaining under the jurisdiction of the same Registrar of Companies.The details of the registered office transition are as follows...

Vedant Fashions Approves Q1 Financial Results and Reappoints Key Directors Vedant Fashions Limited announced the outcomes of its Board meeting held on July 25, 2026, approving the unaudited financial results for the quarter ending June 30, 2026. The board also approved the re-appointment of several key directors, including Mr. Ravi Modi, Mrs. Shilpi Modi, and Mr. Manish Mahendra Choksi, all for subsequent terms of five years.The approval of the unaudited results was complemented by a Limited Review Report issued by Statutory Auditors M/s B S R & Co. LLP. The company reported one reportable segment: "Branded Fashion apparel and accessories."Board Approvals and Director Re-appointments The Board meeting considered and approved the...

Five-Star Business Finance Appoints Mr. Sreeram Ranganathan Iyer as Non-Executive Independent Director Five-Star Business Finance Limited has announced the appointment of Mr. Sreeram Ranganathan Iyer as an Additional Director, designated as a Non-Executive Independent Director. The decision was approved by the Board of Directors during its meeting held on July 25, 2026.Mr. Sreram Ranganathan Iyer will serve in this capacity for a period of five consecutive years, commencing from July 25, 2026. The appointment remains subject to approval by the shareholders at the company’s ensuing Annual General Meeting.The company confirmed that Mr. Iyer meets all the criteria required for independence under Section 149 of the Companies Act, 2013...

The Federal Bank Completes Share Allotment for Employee Stock Options Federal Bank Limited has finalized the allotment of equity shares to option grantees following the exercise of stock options under various employee schemes. These allotments, executed on July 25, 2026, spanned multiple scheme programs and involved different quantities of shares, each with a face value of Rs. 2/-.The allotments were made across three distinct Employee Stock Option Schemes (ESOS/ESIS). The details of the share allocations are presented below:Scheme NameDate of AllotmentTotal Shares AllottedFace Value per ShareESOS 2010July 25, 20262,875Rs. 2/-ESOS 2017July 25, 2026303,341Rs. 2/-ESIS 2023July 25, 202615,500Rs. 2/-The shares were...

Income Tax Department Concludes Search at Authum Investment & Infrastructure Limited Corporate Office Authum Investment & Infrastructure Limited announced that the Income Tax Department concluded its search operations at the company’s corporate office on July 25, 2026. The proceedings were conducted at the company's commercial premises in Mumbai.The executives of Authum provided full cooperation to the Income Tax Department officials and furnished all necessary documents, information, and clarifications as requested during the inspection.Management stated that the aforementioned proceedings had no adverse impact on the operations of the company.Details concerning the search operation were released, noting that the procedures...

Five-Star Business Finance Reports Q1FY27 Results; AUM Reaches ₹13,722 Cr as Disbursements Grow 23% Sequentially Five-Star Business Finance Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company reported robust growth in disbursements and maintained solid asset quality metrics, signaling a return to a strong growth path.The Board of Directors announced the Q1FY27 performance, which demonstrated healthy increases across several key operational areas.Financial Performance Snapshot (Q1FY27) Five-Star Business Finance saw its Assets Under Management (AUM) grow 4% sequentially and 10% year-on-year, reaching ₹13,722 Cr. Disbursements surged sharply to ₹1,496 Cr, up 23% from the previous...

ROX Hi-Tech Approves Preferential Issue of Equity Shares and Warrants; Confirms Reappointment of Whole-time Director Rox Hi-Tech Limited announced that its Board of Directors approved several key business decisions, including the issue of equity shares and fully convertible warrants through a preferential allotment process. The company also confirmed the re-appointment of Mr. M M Senthil Kumar as a Whole-time Director for an extended period.The Board meeting, held on July 25, 2026, considered and approved the offering of two types of securities to members of the public category.Preferential Allotment Details Equity Shares Issue The company authorized the issue and allotment of up to 20 lakh Equity Shares with a face value of Rs...

Tata Capital Limited Announces 35th AGM and Provides Access to FY 2025-26 Annual Report Tata Capital Limited has scheduled its 35th Annual General Meeting (AGM) for shareholders and debenture holders. The meeting, which will be held via Video Conferencing or Other Audio Visual Means, is set for Wednesday, August 19, 2026, at 11:00 a.m. IST.The company has also made available the Annual Report for Fiscal Year (FY) 2025-26. This report, along with the notice convening the AGM, was sent electronically to all registered shareholders and debenture holders.For those whose email addresses are not registered with the Registrar and Share Transfer Agent or Depository Participant, the Annual Report can be accessed through a dedicated web-link...

Oriental Aromatics Limited Announces 54th AGM Date and Declares Dividend for FY 2025-26 Oriental Aromatics Limited has announced the details for its 54th Annual General Meeting (AGM) and provided key information regarding the final dividend for the Financial Year (FY) 2025-26.The Company's 54th AGM is scheduled to be held on Tuesday, August 18, 2026, at 11:00 a.m. (IST). The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM).The announcement includes details regarding the final dividend for FY 2025-26, as well as important timelines for shareholders. The dividend rate has been set at 0.50% per equity share. Shareholders must meet the record date of Wednesday, August 5, 2026. The approved dividend...