Markets

Five-Star Business Finance Limited Extends Chief Compliance Officer Tenure Five-Star Business Finance Limited has extended the tenure of its Chief Compliance Officer, Mr. R. Vijayaraghavan, following a decision by the Board of Directors. The extension provides him with three years in the role, effective from October 1, 2026.The Board approved the renewal of Mr. Vijayaraghavan's tenure as the Chief Compliance Officer of the company. The decision was taken after recommendations from the Nomination and Remuneration Committee.Mr. R. Vijayaraghavan is a qualified Company Secretary and Cost Accountant. He brings approximately 38 years of experience across legal precision, dispute resolution, financial acumen, and regulatory strategy. He...

Simca Advertising Limited Independent Director Resigns Due to Personal and Professional Reasons Simca Advertising Limited has announced the resignation of Ms. Seema Agarwal, an Independent Director of the company. The resignation is effective from the close of business hours on July 25, 2026.Ms. Agarwal tendered her resignation citing personal reasons and other professional commitments. As a direct consequence of this resignation, she will also cease to be a member of the Audit Committee.The Company's Board of Directors acknowledged Ms. Agarwal for her valuable guidance and contributions while associated with Simca Advertising Limited in the role of Independent Director.Details regarding the change are as follows...

Bansal Wire Industries Reports Resolution of GST Appeal for Subsidiary BSPL Bansal Wire Industries Limited has reported a favorable outcome regarding a Goods and Services Tax (GST) appeal concerning its subsidiary, Bansal Steel & Power Limited (BSPL). The Appellate Authority accepted the appeal filed by BSPL, reducing an interest demand to nil.The matter stems from an initial GST notice received by BSPL pertaining to the financial year 2017-18. This original assessment included a penalty of Rs. 50,99,895/- and a tax liability totaling Rs. 57,77,896/, along with interest amounting to Rs. 89,94,666/-.Following subsequent procedures, the Company had previously been informed that BSPL received a rectification interest demand of Rs...

Monolithisch India Reports Highest Ever Quarterly Revenue, EBITDA, PAT As Premixed Ramming Mass Demand Surges Monolithisch India Limited, a leading producer of high-quality premixed ramming mass critical for the secondary steel industry, has reported record-high financial and operational results for the quarter ending June 30, 2026. The company demonstrated strong business momentum driven by increasing demand and successful penetration in the premium product segment.The financial performance highlights include substantial growth across revenue, operating profitability, and volume handled.Key Financial and Operational Highlights (Q1 FY27) Monolithisch reported remarkable performance metrics for Q1 FY27:MetricValueYear-on-Year...

Infosys Fined €175,000 by French Authority Over Compliance Issues Related to Working Time Records Infosys Limited has faced a penalty following an action taken by a European authority regarding its working time recording system. The details pertain to non-compliance with French legal requirements concerning employee work monitoring.The fine and actions were initiated after communication was received from the DRIEETS Île-de-France (Direction régionale et interdépartementale de l'économie, de l'emploi, du travail et des solidarités).Details of the Compliance Action According to the report, the authority’s action, which included a total fine of €175,000, was recorded on July 24, 2026, at 15:30 IST. The violation centers on shortcomings...

Five-Star Business Finance Limited Proposes Appointment of Joint Statutory AuditorsFive-Star Business Finance Limited has proposed the appointment of M/s Suri & Co, Chartered Accountants, as a Joint Statutory Auditor for the company. This proposal follows recommendations made by the Audit Committee and is intended to be approved by the shareholders.The appointment of the auditor is driven by RBI guidelines regarding statutory audits for entities whose asset size meets specific criteria. As per these guidelines, a joint audit conducted by a minimum of two audit firms is required for companies with an asset size of Rs 15,000 crore and above at the end of the previous year.M/s Suri & Co, Chartered Accountants (bearing Firm...

UFO Moviez Announces Access Method for 22nd Annual General Meeting and FY 2025-26 Annual Report UFO Moviez India Limited has provided shareholders who do not have registered email IDs with the company instructions on accessing the Annual Report for the Financial Year 2025-26 and the Notice of the 22nd Annual General Meeting (AGM). The AGM is scheduled to be held on August 19, 2026.The Company stated that its 22nd Annual General Meeting will take place via Video Conference or Other Audio Visual Means at 03:00 p.m. IST. While the Notice of the 22nd AGM and the Annual Report for the financial year 2025-26 were sent electronically to registered members, the company provided specific means for stakeholders who did not receive these...

3i Infotech Wins Three-Year Service Contract from ONGC Petro additions Limited 3i Infotech Limited has secured a significant service order from ONGC Petro additions Limited (OPaL). The contract involves providing Facility Management Services (FMS) and Annual Maintenance Contract (AMC) services for IT assets at OPaL’s various locations.The engagement covers comprehensive managed support and maintenance across multiple domains, including end-user computing devices, servers, storage solutions, network and security infrastructure, communication systems, CCTV, and other associated IT infrastructure.The fixed contract term is three years, starting from August 1, 2026, and concluding on July 31, 2029. The total value of the Service Order...

Subsidiary of Raghav Productivity Enhancers Limited Secures Two Patents in Quartz Processing Raghav Productivity Solutions Private Limited, a wholly owned subsidiary of Raghav Productivity Enhancers Limited, has secured two patents granted by the Patent office Government of India. The grants were issued on July 24, 2026, and pertain to advanced methods within quartz processing for the production of silica ramming mass and related applications.The patented inventions represent technological advancements in specialized areas of material production. These patents are set to serve as foundational intellectual property for the company's industrial processes.Key details regarding the granted patents are presented below:Patent...

Hirect Secures Rs 60 Crore Development Order from Indian Railways for Vande Metro Trainsets Hirect Limited, formerly Hind Rectifiers Limited, has secured its first development order for Vande Metro trainsets from Indian Railways. This contract marks a significant milestone for the company in the power conversion systems sector.The supply order details an agreement with Indian Railways and is valued at approximately Rs 60 crores. The project execution timeline set by the railway extends within the next 21 months.The development order falls under the category of a domestic supply contract. Furthermore, the terms indicate that neither the promoter group nor any related parties have financial interest in the entity awarding the order...

Lexoraa Industries Reports Q1 FY26 Results; Company Posts Net Loss Despite Revenue Generation Lexoraa Industries Limited (formerly Servoteach Industries Limited) has released its Un-Audited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The results reflect a net loss for the company during the period.The Q1 FY26 standalone performance saw total income from operations stand at ₹1,113.47 Lakhs. However, the company recorded a Net Profit or (Loss) before Tax of (₹27.78) Lakhs. The Earnings Per Share (EPS) for continuing operations stood at (₹0.71).The financial data highlights a trend in profitability when comparing the current quarter against previous periods and the corresponding full year...

Harikanta Overseas Ltd Details Key Management Personnel and Contact InformationHarikanta Overseas Limited has provided details regarding its key managerial personnel following a board meeting held on July 25, 2026. The company identified these individuals for the purpose of determining material events and making necessary disclosures.The Board of Directors authorized two members as Key Managerial Personnel (KMP). These individuals hold critical roles within the organization structure, providing key contact points for stakeholders.The details of the designated Key Managerial Personnel are as follows:Name of KMPDesignationContact DetailsHardik GotawalaManaging Directorinfo@harikantaoverseas.comAbhishek GotawalaWhole time...

High Energy Batteries India Ltd Announces Quarterly Results and Reconstitutes Audit CommitteeHigh Energy Batteries India Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company also approved and reconstituted its Audit Committee, effective July 25, 2026, while voluntarily adopting a new Dividend Distribution Policy.The Board of Directors reviewed the results, which were subsequently approved by the management and signed by the Managing Director on Saturday, July 25, 2026.Financial Performance Highlights The company's financial performance metrics for the quarter ending June 30, 2026, are detailed across several periods. Key profitability indicators include Total Income from Operations...

Sea TV Network Approves Q1 Results; Company Secretary Resigns Sea TV Network Limited announced that its Board of Directors had approved the unaudited Standalone and Consolidated Financial Results for the First Quarter ended June 30, 2026. The company also confirmed the resignation of Ms. Karishma Jain from the post of Company Secretary & Compliance Officer.The board meeting was held on July 25, 2026, through a video conference. As part of the proceedings, the board accepted the resignation of Ms. Karishma Jain, who is a Key Managerial Personnel at the company. Her resignation will be effective from the close of business hours on July 28, 2026.The company disclosed that it is currently in the process of identifying and appointing a...

JOJO Ltd Announces Sub-division of Equity Shares from Rs. 10 to Rs. 5JOJO Ltd, formerly known as Madhuveer Com Network Limited, has announced the sub-division of its equity shares. The company determined that every one equity share with a nominal face value of Rs. 10 will be converted into two equity shares each, with a new nominal face value of Rs. 5.The corporate action involves the split of the existing equity structure to alter the face value of the security. This measure is intended to affect all shareholders regarding the capital restructuring.Key details concerning the sub-division and the related timeline are presented below:Security CodeType of SecurityRecord DatePurpose531910EquityFriday, August 7th...

Frontier Springs Ltd seeks shareholder approval for appointment of Sushil Kumar Luthra as Independent Director Frontier Springs Ltd is seeking the shareholders' approval through a Postal Ballot Notice for the appointment of Shri Sushil Kumar Luthra as a Non-Executive Independent Director. The Board of Directors, based on a recommendation from the Nomination and Remuneration Committee, inducted Mr. Luthra as an Additional Director (Non-Executive Independent Director) effective May 28, 2026.The company has decided to seek formal approval for this appointment via Postal Ballot. Shri Sushil Kumar Luthra was appointed by the Board of Directors and is sought to hold office for a period of five consecutive years, from May 28, 2026, until May...

Exim Routes and Oxyzo Financial Services Partner for Master Supply Chain Financing Agreement Exim Routes Limited has finalized a Master Supply Chain Financing Arrangement Agreement with M/s Oxyzo Financial Services Limited. The agreement, executed on July 24, 2026, establishes a comprehensive framework to facilitate credit and financing facilities for Exim Routes’ network of distributors.The partnership aims to provide supply chain financing services where Exim Routes supplies recycled paper (the 'Material') to its authorized distributor network. Oxyzo Financial Services Limited, registered as a Non-Banking Financial Company with the Reserve Bank of India, will extend financial assistance by discounting trade invoices raised by Exim...

Marble City India Ltd Forfeits Unexercised Warrants Worth Over 2.87 Crores Marble City India Ltd has approved the forfeiture and lapse of a significant number of unexercised convertible warrants that were issued during a preferential allotment process. The board decision, made on July 24, 2026, confirmed that warrant holders who failed to convert their options into equity shares within the prescribed period will forfeit their upfront consideration.The company had previously allocated up to 22,45,000 fully convertible warrants, which were allotted to Non-Promoter, Public Category individuals at an issue price of Rs. 100.50 per warrant. This issuance was intended to raise a total amount of up to Rs. 4,89,28,425/-.The terms of the...

Maruti Global Industries Secures Sub-Contract Work Order Worth Rs 5.9 Crores from MSN Life Sciences Maruti Global Industries Limited has received a sub-contract work order amounting to approximately Rs 5.9 Crores from MSN Life Sciences Private Limited. The contract pertains to the execution of works related to 'Construction of Structural Works, Retaining Walls, Fabrication, & Others'.The receipt of this domestic work order is considered part of the normal course of business for Maruti Global Industries. Management noted that the project is expected to contribute positively to the company's operational performance.MSN Life Sciences Private Limited awarded the sub-contract work order to the company, with the scope covering...

High Energy Batteries Posts Quarterly Results: Revenue Stands at 808.87 Lakhs, Reports Net Loss of 181.50 Lakhs High Energy Batteries (India) Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company reported Total Income from Operations of 808.87 lakhs for the recent quarter. Across comparative periods, the company showed varied performance in profitability metrics.The comprehensive results show key figures across multiple reporting periods, including the current unaudited quarter, the audited quarter ended March 31, 2026, and the previous uneaudited quarter ended June 30, 2025.Financial Highlights: Unaudited Financial Results for Quarter Ended 30th June, 2026 (in lakhs)ParticularsQ...