Markets

Promoter Sells Shares in Mahip Industries Ltd, Reducing Stake to 21.89% Following Open Market Disposal A shareholder of Mahip Industries Limited has disposed of a portion of their equity stake through the open market, reducing their holding following the transaction which occurred on 22/07/2026.The disposal pertains to shares in Mahip Industries Ltd. The sale reduces the promoter's overall holding after the transaction was completed.Key details regarding the acquisition and disposal are presented below:MetricBefore Disposal HoldingTransaction DetailsAfter Disposal HoldingTotal Shares Held43,28,528 (representing 22.50% of total voting capital)Sale of 1,16,000 shares (0.60% of the TC)42,12,528 (representing 21.89% of total...

Supra Pacific Financial Services Approves Private Placement of Secured Non-Convertible Debentures Supra Pacific Financial Services Ltd announced that its Board of Directors approved the issuance of secured, unrated, and unlisted Non-convertible Debentures (NCDs) through a private placement process. The approval came following a meeting held on July 25, 2026.The debentures are offered under specific terms, with a maximum subscription limit set at less than ₹1 crore per investor.Key Details of NCD Issuance The company greenlit the issuance of 1,00,000 Non-Convertible Debentures (NCDs), aggregating to Rs. 10,00,00,000. The debentures are not proposed for listing on any stock exchange.The maturity tenures available include 13 months...

Ambika Cotton Mills Announces Board Meeting to Discuss Q2026 Unaudited Financial Results Ambika Cotton Mills Limited has scheduled a meeting of its Board of Directors to review and approve the Unaudited Financial Results for the quarter ending June 30, 2026.The board meeting is set to take place on Saturday, August 8, 2026.The company will consider and take on record the financial results for the three-month period concluded on June 30, 2026, at the scheduled session.AMBIKCO Stock Price Movement On Friday, Ambika Cotton Mills Limited shares edged higher to settle at ₹1708.20, gaining 0.12% in the market session. The stock traded with a volume of 22,297 shares as it closed out the trading day.

Surana Solar Announces CFO Appointment, Approves Land Conversion Bid, Releases Q2 Financial Results Surana Solar Ltd has released significant outcomes from its Board of Directors meeting held on July 25, 2026. Key decisions include the appointment of a new Chief Financial Officer and the approval of an application submitted for industrial land conversion in Hyderabad. The company also provided un-audited financial results for the quarter ended June 30, 2026.The Board meeting conducted by Surana Solar Ltd approved the un-audited financial outcomes and addressed several corporate matters. Buvankar Shekarnath was appointed as the Chief Financial Officer effective July 25, 2026. Additionally, the company approved the application filed...

Neueon Secures ₹150 Crore Order from Elcom Innovations for Tactical Communication EquipmentNeueon Corporation Limited has secured a significant procurement partnership with Elcom Innovations Private Limited, resulting in orders worth approximately ₹150 crore. The agreement involves Neueon supplying tactical communication equipment and related solutions to the domestic entity, Elcom Innovations Private Limited.The partnership formalizes the commitment from Elcom Innovations for the supply of specialized equipment and solutions. This order represents a substantial contract value for Neueon over the specified timeframe.Key details regarding the procurement partnership are as follows:DetailDescriptionPartner EntityElcom...

Quadrant Televentures Ltd. Committee of Creditors Approves Extension of CIRP Period Quadrant Televentures Limited announced key decisions following its Thirteenth meeting of the Committee of Creditors (CoC). The voting conducted by the CoC concerned critical matters related to the ongoing Corporate Insolvency Resolution Process (CIRP).The e-voting process for the thirteenth CoC meeting concluded in compliance with relevant regulations. The resolutions put to vote received approvals from the members of the CoC, as detailed below:Voting Item No.Voting ItemVoting % RequiredVoting % ApprovedDecision1To consider and approve the extension of CIRP period by 30 days66%100%ApprovedThe approval secured for the consideration and...

Fund Manager Entities Increase Stake in Computer Age Management Services Ltd Multiple fund managers, including entities associated with JPMORGAN ASSET MANAGEMENT and JPMorgan Chase Bank, N.A., have increased their holdings in Computer Age Management Services Limited through open market purchases. The acquisition was completed on July 22, 2026.The acquiring parties consist of several diversified funds and investment vehicles managed by JPMORGAN ASSET MANAGEMENT (UK) LIMITED, JPMORGAN CHASE BANK, N.A., and other regional entities such as JPMorgan Asia Equity Dividend Fund and Strathclyde Pension Scheme/PRPG. These entities hold various fund managers and subsequent fund holders across different jurisdictions, including the US, UK, and...

Goel Food Products Ltd Annual General Meeting Adjourned Amid Technical Glitches Goel Food Products Ltd reported that its 30th Annual General Meeting, held on July 24, 2026, could not be concluded as planned. The meeting was adjourned following significant technical glitches that prevented members from participating effectively.The company stated that due to these technical issues, none of the resolutions set out in the Agenda of the Annual General Meeting were passed.In accordance with the circumstances, the 30th Annual General Meeting of Goel Food Products Ltd stands adjourned, and this was decided with the consent of the members who attended the meeting.Stock Price Movement Goel Food Products Ltd saw shares settle on Friday at...

Ritco Logistics Updates ESOP Status Following Plan Adjustments and New GrantsRitco Logistics Ltd has provided details regarding its Employee Stock Option Plans (ESOPs), reporting the cancellation of options from an earlier plan and confirming a significant new grant under the 'PRAGATI KI AUR -II' ('ESOP Plan 2023').The company reported that 2,500 unvested stock options granted under the 'PRAGATI KI AUR' Employee Stock Option Plan 2022 were cancelled. This cancellation followed an employee who discontinued their service and surrendered these options.As of the reporting date, the total number of stock options outstanding under the 'PRAGATI KI AUR' Employee Stock Option Plan 2022 stands at 137,250.Furthermore, the Nomination and...

Promoter Group Executes Share Transfer in DCM Shriram International Ltd Stock via Inter-Family Gift DCM Shriram International Ltd stock saw a significant transfer of shares involving key promoter shareholders as part of an inter-family gift transaction. The move, intended as an offer of love and relative gifting among promoters, involved the acquisition of shares held by Mr. Modhov Bansidhor, Mrs. Urvoshi Tilokdhor, and Lolo Bonsi Dhor & Sons (HUF).The transfer targeted a combined stake totaling 33.67% of the equity share capital. The shares were acquired from:Mr. Modhov Bansidhor, who held 89,41,864 shares representing 10.28% of the face value stock. Mrs. Urvoshi Tilokdhor, holding 89,42,142 shares, which constituted 10.287% of the...

DCM Shriram Fine Chemicals Announces Acquisition of Shares in Target Company, Hitting 50% Shareholding Post-Transaction DCM Shriram Fine Chemicals Ltd has initiated the acquisition of shares from Alok Bansidhar Shriram - Karta Lala Bansi Dhar & Sons. The proposed transaction is scheduled for July 31, 2026. The company aims to acquire 3,007,067 shares, which represents 3.46% of the target company's share capital.The acquisition involves Suman Bansi Dhar and other associated entities within DCM Shriram Fine Chemicals Ltd. during the process. Shares are being acquired from Alok Bansidhar Shriram – Karta Lala Bansi Dhar & Sons, with the stated rationale for the transfer being the distribution of assets by a Hindu Undivided Family (HUF)...

Industrial Funds Turn Negative for First Time as EM Flows Stabilize Amid Tech Rally Global market flows are undergoing a significant realignment, with industrial funds registering negative rolling four-week flows—the first instance since the commencement of the AI trade in May 2025. While this represents a clear break in momentum for the sector, investor sentiment is showing resilience in emerging markets (EM) as various fund categories stabilize following recent corrections.Industrial and Equity Fund Flow Reversal Industrial funds have recorded negative rolling four-week flows, marking a critical shift after more than a year of sustained inflows. This reversal indicates that the broader industrial supply chain is facing increased...

22K Gold Rates Hold Steady as Top Jewellers Adjust Prices Amid Market Stability Gold prices across leading jewellery manufacturers showed marginal stability today, maintaining overall steady trends compared to Friday's rates. Consumers can find detailed updates on 18k, 20k, 22k, and 24k gold rates, alongside indicative silver pricing from the India Bullion and Jewellers Association (IBJA).The reports detail specific daily rates for 22-carat jewellery across major retail chains such as Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers. These figures are crucial indicators for those looking to purchase gold in the Indian market today, Saturday, July 25, 2026.22K Gold Rate Snapshot Across Major Brands Tanishq reported...

Landmark Cars to Expand Market Share with New MG Experia Outlet in Ahmedabad Landmark Cars Limited, a leading premium automotive retail business in India, has received a letter of intent from JSW MG Motor India Pvt. Ltd. to open a new MG Experia showroom in Vastral, Ahmedabad, Gujarat. This expansion marks the company's 17th MG Motor outlet and is aimed at deepening its presence within the brand and the Ahmedabad market.The new dealership will be established by M/s Aeromark Cars Private Limited, which is a wholly owned subsidiary of Landmark Cars. The addition of this showroom signifies a significant step in strengthening the partnership between Landmark Cars and JSW MG Motor India.This venture focuses on the sale of MG cars...

Krishna Filament Industries Approves Quarterly Results and Announces Change in Statutory Auditors Krishna Filament Industries Ltd. announced the outcomes of its Board meeting held on July 22, 2026, confirming the approval of its unaudited financial results for the quarter ended June 30, 2026. Furthermore, the company disclosed a significant change in its auditing services structure.The Board of Directors reviewed and approved the unaudited financial statements, which were accompanied by an Auditor's Limited Review Report issued by M/s P R Agarwal & Awasthi, Chartered Accountants. The board meeting also addressed the transition of statutory auditors.New Statutory Auditor Appointment Based on the recommendation of its Audit Committee...

Dodla Dairy Board Approves Strategic Acquisition and Releases Q1 FY27 Results Dodla Dairy Limited announced key decisions from its Board of Directors meeting held on July 25, 2026, approving a strategic minority investment in Sids Farm Private Limited. The company also released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.The Board approved the acquisition proposal for a 2% stake in Sids Farm Private Limited. This investment is intended as a strategic move into the fast-growing premium and direct to consumer (D2C) e commerce segment of the dairy industry, complementing Dodla Dairy's existing market operations.The company will acquire approximately 2% of the target’s share capital...

Crude Oil Futures Dip as China Steps In to Revive Iran-US Peace Talks Amid High Geopolitical Tensions Crude oil futures saw a notable pullback on Friday, falling more than 4% after reports emerged that China has begun initiatives aimed at reviving the stalled peace negotiations between the United States and Iran. Despite this decline, underlying market indicators suggest both Brent and West Texas Intermediate (WTI) crude remain strongly positioned for significant weekly gains.Market Movement Amid Diplomatic Intervention Brent crude settled at $96.78 a barrel on Friday, down $3.91 or 3.88%. The oil grade had previously closed above $100 in the previous session for the first time since May and was still tracking toward a near 10%...

Polyspin Exports Ltd's Bank Facility Ratings Reaffirmed by CARE Amid Performance Review Polyspin Exports Limited has received reaffirmed credit ratings for its Long Term and Short Term Bank Facilities from CARE Ratings Limited. The decision followed a comprehensive review of the company's operational and financial performance for FY26 (Audited).The rating reaffirmation pertains to the bank facilities availed by Polyspin Exports Ltd, covering both long-term and short-term credit lines.According to details provided by CARE Ratings Limited, the ratings have been reaffirmed against a total facility amount of ₹135.48 crore. The breakdown of the rated facilities is as follows:FacilitiesAmount (₹ Crore)RatingRating ActionLong Term...

European Shares Rally as SAP Surge Sparks Tech Optimism Amid Recession Warnings and New US Tariffs European markets recovered ground on Friday after seeing their steepest one-day loss in two weeks in the previous session. The pan-European STOXX 600 index finished slightly up at 644.67, marking its second consecutive week of gains. Investors drew significant comfort from corporate earnings reports and reassessed the potential impact of elevated oil prices on global monetary policy settings.SAP Boosts Tech Sector as Markets Balance Growth Against Valuation Risks Germany’s DAX saw a positive move, largely driven by SAP after the software giant announced a 10% increase in its second-quarter current cloud backlog. This performance...

Gold Surge Alert: Bullion Bounces High as Crude Oil Plummets Amid Geopolitical Focus Ahead of Fed Decision Spot gold showed resilience on Friday, edging up against a backdrop of easing crude oil prices and persistent geopolitical concerns. The precious metal found support after declining in the previous session, now trading at $4,052.78 per ounce by 4:10 p.m. EDT (2010 GMT). This movement sees gold rise 0.1% for the day, continuing a positive trajectory of 0.9% for the week so far.U.S. gold futures also reflected this strength, settling 0.5% higher at $4,070.80. Gold and silver are currently consolidating their range around the $3,950 and $55 mark respectively. While the metal faces headwinds from persistently high yields, experts...