Markets

Promoter Satnam Singh Sells Equity Shares in Prabhhans Industries Limited Satnam Singh, a promoter of Prabhhans Industries Limited, has engaged in multiple transactions involving the sale of equity shares in the company. These transactions were executed through the open market and concern his existing holding in the listed entity.The sales reported by Mr. Singh show changes in his stake relative to the company's capital structure.Transaction Details Summarized Details pertaining to these disposals have been documented, showing how the sale impacted both the seller’s holding and the company's total voting capital.First Reported Sale (23/07/2026): The first reported transaction involved the sale of equity shares by Satnam Singh in...

Orkla India Unveils Sustainability Report, Targets 100% Renewable Energy and Zero Waste by 2030 Orkla India Limited has released its Business Responsibility and Sustainability Report for the financial year 2025-26. The report details the company's operations, product portfolio, ESG commitments, and progress against sustainability goals across all operational sites.The company is a major player in the fast moving consumer goods (FMCG) sector, specializing in the manufacture, marketing, and sale of packaged food products both domestically and internationally. With over 15 locations encompassing national and international operations, Orkla India serves markets across India and exports to 45 countries.Business Overview and Operations...

IDFC First Bank Secures Funding Approval, Announces CVO Change and Director Tenure Endings IDFC First Bank's Board of Directors considered several key proposals during a meeting held on July 25, 2026, approving significant enabling permissions for fund raising and announcing changes in senior management and board composition.The Board noted the substantial growth opportunities available across the Bank’s businesses, driven by its diversified model and favorable long-term outlook for the Indian economy. To maintain strong capital adequacy and ensure flexibility in accessing capital markets, the Board granted enabling approval for fundraising through two avenues:Equity Issuance: Up to an aggregate amount of ₹ 7,500 crore (Rupees...

NCLT Directs Hearing for Composite Scheme of Arrangement Involving Laurus Labs SubsidiariesThe National Company Law Tribunal (NCLT), Amravati Special Branch, has issued an order concerning a Composite Scheme of Arrangement involving subsidiaries of Laurus Labs Limited. The order was pronounced on July 24, 2026, and sets the next date for the consideration of the scheme.The Petitioners, which include Laurus Synthesis Private Limited (LSPL), Sriam Labs Private Limited, and Laurus Labs Limited, are undertaking a complex corporate restructuring as part of the Scheme. All three entities are wholly-owned subsidiaries of Laurus Labs Limited.The Composite Scheme involves two major components. Firstly, it addresses the demerger of Laurus...

Eppeltone Engineers Receives Order of Rs 2.22 Crore for Supply of IoT-Enabled Feeder Monitoring System Eppeltone Engineers Limited has secured a substantial order totaling Rs 2,22,67,068/- for the supply of an IOT-Enabled Feeder Monitoring System. The company received this work order on July 24, 2026.The contract pertains to supplying the specialized monitoring system and involves domestic procurement. Eppeltone Engineers is scheduled to execute the order by September 2026.Key details regarding the order are as follows:DetailSpecificationProductIOT -Enabled Feeder Monitoring SystemOrder Value (Including Taxes)Rs 2,22,67,068/-Receipt DateJuly 24, 2026Execution PeriodBy September, 2026The order was awarded by a...

IBL Finance Limited Announces Allotment of 31 Unlisted Non-Convertible Debentures IBL Finance Limited has announced the successful allotment of 31 Unlisted, Senior, Secured, Unrated, Taxable, Redeemable Non-Convertible Debentures (NCDs). The allotment, which took place on July 25, 2026, was conducted on a private placement basis and secured the company an aggregate funding amount of Rs. 31,00,000/-.The Finance Committee of IBL Finance Limited approved the transaction during its meeting held on July 25, 2026. The issuance of these NCDs was previously approved by the Board of Directors on July 16, 2025, and subsequently received approval via a Special resolution passed at the Annual General Meeting on August 22, 2025.The transaction...

Pudumjee Paper Products Ltd. Announces Board Meeting to Approve Quarter ResultsPundumjee Paper Products Limited has scheduled a meeting of its Board of Directors to consider and approve the Unaudited Financial Results, along with the Limited Review Report, for the quarter ended June 30, 2026. The Board meeting is set to take place on Tuesday, August 11, 2026.In addition to the financial event, the company has also announced a restriction on trading concerning its securities. The Trading Window for designated persons of the Company and their immediate relatives has been closed in compliance with internal policies related to insider trading.The period during which the restricted trading window is effective spans from July 1, 2026...

IDFC First Bank Reports Q1 2026 Financial Results; Net Profit Reaches 1,14,782 Lakhs IDFC First Bank Limited announced its unaudited financial results for the quarter ending June 30, 2026. The bank reported a Total Income of 13,36,069 lakhs and a Net Profit from Ordinary Activities after tax (consolidated) of 1,14,782 lakhs.The results reflect the bank's operations across various business segments, including Treasury, Wholesale Banking, and Retail Banking. The bank also noted that it received claim proceeds totaling 514.82 crore from the National Credit Guarantee Trustee Company Limited (NCGTC) under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme, which was accounted for under Provisions and Contingencies in the Profit and...

Maruti Global Industries Secures Rs 5.9 Crore Sub-Contract Work Order from MSN Laboratories Maruti Global Industries Limited has received a sub-contract work order from MSN Laboratories Private Limited, valued at approximately Rs 5.9 Crores. The contract pertains to various works related to the construction of Structural Works, Retaining Walls, and Fabrication for the counterparty.The receipt of this substantial work order is considered part of the Company's normal course of business and is anticipated to have a positive impact on its operational performance. MSN Laboratories Private Limited awarded the domestic sub-contract work order, which includes civil works such as construction of structural elements and fabrication services...

Super Bakers India Announces 32nd AGM Date and Completes Key Governance Appointments, Appoints Secretarial Auditor Super Bakers India Ltd has announced crucial governance updates following a Board meeting, including the scheduling of its 32nd Annual General Meeting (AGM) and making significant appointments to key directorial roles and committees. The company also appointed M/s Kashyap R Mehta & Partners as its Secretarial Auditors for a five-year term.AGM Details and E-voting Schedule The Board decided that the 32nd Annual General Meeting of the members would be held at 3:00 p.m. on Monday, September 21, 2026, via Video Conferencing (VC) or Other Audio Visual Means (OAVM).To ensure shareholder participation, Super Bakers India...

Balgopal Commercial Ltd Forfeits Unexercised Warrants and Changes Company Domain Balgopal Commercial Limited has finalized actions regarding its convertible warrants and made strategic changes to its corporate identity, including an amendment to its Memorandum of Association and a shift in official domain names.The company's Board of Directors reviewed several matters during the meeting held on July 25, 2026. Among these decisions was the forfeiture of unexercised Convertible Warrants following their expiry.Warrant Forfeiture Details The initial allotment included a total of 45,00,000 Fully Convertible Warrants, which could be converted into one fully paid-up equity share each, with a face value of Rs. 10/- and an issue price...

Abha Power and Steel Secures New Order Worth Rs 224.20 Lacs from Reputed Railway OEM Abha Power and Steel Limited has secured a new order valued at Rs 224.20 Lacs (or Rs 2,24,20,000/-) from a reputed Railway Original Equipment Manufacturer (OEM). This contract pertains to the supply of specialized castings.The agreement specifies that the castings must be supplied according to a set delivery schedule and are subject to standard terms of payment, inspection, and quality approval. The domestic order is slated for execution by August 31, 2026.This new business reinforces the company's standing within the railway sector. As of July 25, 2026, Abha Power and Steel Limited reported an existing order book totaling approximately Rs 18.50...

Bhagwati Autocast Ltd Halts Manufacturing Operations Due to Heavy Rains and FloodingBhagwati Autocast Ltd has temporarily suspended manufacturing operations at its plant located in Gujarat, citing heavy rainfall and localized flooding as the cause. The company confirmed that production ceased following two days of adverse weather conditions in the region.The temporary shutdown affects the plant situated at Survey No. 816 in Rajoda, near Bavla, District Ahmedabad, Gujarat. Management has initiated necessary restoration activities as water levels have begun to recede following the intense rainfall.The company is actively assessing the situation and monitoring the recovery process. A full assessment of any potential damage is...

SBFC Finance Reports Q1 FY27 Results, Showcasing 29% Y-o-Y Growth in Profit After Tax SBFC Finance Ltd. released its financial performance for the quarter ended June 30, 2026 (Q1 FY27), demonstrating strong revenue growth and robust asset quality metrics as it focuses on the secured MSME lending segment.The company reported a profit after tax (PAT) of 130 crore in Q1 FY27, marking a 29% increase year-over-year (YoY). Total income stood at 492 crore for the quarter, up 8.2% compared to the previous quarter (QoQ) and showing 26.5% growth on a YoY basis.Financial Highlights and Performance SBFC Finance maintained high growth in its loan book size while managing credit costs effectively. The company’s Assets Under Management (AUM)...

Gaurav Sharma Resigns as Additional Independent Director of Brandman Retail Limited Brandman Retail Limited has announced the resignation of Mr. Gaurav Sharma from his position as an Additional Independent Director (AID). The resignation was effective immediately on July 25, 2026.Mr. Sharma tendered his resignation due to pre-occupations and personal commitments, citing an inability to devote the necessary time and attention required for the duties of an Additional Independent Director at the company. As a consequence of this resignation, Mr. Sharma will also cease membership from several key internal committees.The positions affected by his departure include the Audit Committee, the Nomination & Remuneration Committee, and the...

Grauer & Weil Board Meeting Scheduled to Review Q1 Financial Results; Trading Window Update Issued Grauer & Weil India Ltd has announced a board meeting to review the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.The company's Board of Directors is scheduled to meet on Tuesday, August 4, 2026. The primary agenda item for the meeting includes considering and recording these financial results.Regarding trading activities, Grauer & Weil confirmed that the trading window for all designated persons has been closed as of July 1, 2026. This restricted period will conclude 48 hours after the financial results for the quarter ended June 30, 2026 become generally available information.GRAUWEIL...

Bhagawati Gas Ltd Reports Resignation of Independent Director Narendra Kumar Agarwal Bhagawati Gas Limited has announced that Mr. Narendra Kumar Agarwal, a member of its Board of Directors, has resigned from the position of Independent Director, effective July 25, 2026.The company stated that Mr. Agarwal, who holds DIN 11210456, tendered his resignation due to pre-occupation with current and some new professional commitments. His letter confirmed that there were no other material reasons for his resignation beyond those specified.As a consequence of the resignation, Mr. Narendra Kumar Agarwal will also cease to be a member of the Audit Committee and Nomination and Remuneration Committee of the Board starting from the close of...

Eppeltone Engineers Receives Order for Meter Installation Services Worth Rs 39 Crore Eppeltone Engineers Limited has secured a contract valued at Rs 39,23,61,564/- for carrying out meter installation services. The company received the work order on July 24, 2026.The domestic entity awarded the service contract, which involves the execution of meter installation services by Eppeltone Engineers Limited. The timeline provided stipulates that the services are to be completed by October 2027.Key details regarding the order include:ParticularsDetailsNature of OrderMeter installation servicesClient Entity TypeDomestic EntityDate of ReceiptJuly 24, 2026Total Consideration (including Taxes)Rs 39,23,61,564/-Execution...

RDB Rasayans Ltd Announces Details for 31st Annual General Meeting (AGM) RDB Rasayans Limited has announced the details for its 31st Annual General Meeting (AGM). The company's AGM will be held on Thursday, August 20, 2026.The meeting is scheduled to take place at 12:30 p.m. IST and will utilize Video Conferencing (VC) or Other Audio-Visual Means (OAVM).In preparation for the event, RDB Rasayans Ltd has set August 13, 2026, as the "Cut-off Date" designated for E-Voting.All shareholders, whether holding shares in dematerialized form or in physical form, will be entitled to participate in remote e-voting and vote at the AGM provided they are registered as of the close of business hours on August 13, 2026. The Notice of the AGM and...

Emerald Finance Ltd Reports Strong Consolidated Q1 FY27 Results; Net Profit Jumps 52.72% Emerald Finance Limited, an established non-deposit taking NBFC offering a spectrum of financial products including Earned Wage Access (EWA) in India, has announced its Unaudited Financial Results for the first quarter of Fiscal Year 2027 (Q1 FY27). The company reported significant growth across key metrics, highlighted by a substantial increase in consolidated net profit.Q1 FY27 Key Financial Highlights The results show robust performance both on a standalone and consolidated basis. Consolidated Total Income for Q1 FY27 reached ₹ 9.44 Cr, reflecting strong year-over-year (YoY) growth. Net Profit saw the most significant increase, surging 52.72%...