Markets

DIIs Surge Through FII Selling; Domestic Strength Bids Against Global Market Headwinds Domestic institutional investors (DIIs) significantly compensated for foreign outflow, acquiring shares worth Rs 5,453.55 crore despite a challenging market session. Foreign Institutional Investors (FIIs), conversely, remained net sellers on July 24, offloading equities valued at Rs 3,892.77 crore.The data highlights the contrasting performance of investor groups. While FIIs continued their selling trend, DIIs demonstrated strong commitment to domestic markets. This dynamic underscores the resilience and compensatory buying power within the Indian financial system.Institutional Investor Activity: DIIs Net Inflow vs FII Outflows On a detailed...

Arvind Fashions Limited Announces AGM Date and Key Dates for Shareholders Arvind Fashions Limited has set the schedule for its Eleventh Annual General Meeting (AGM) and specified key dates related to dividend eligibility and shareholder voting rights.The company confirmed that its Eleventh Annual General Meeting will take place on Wednesday, August 19, 2026. The meeting is scheduled for 2:30 P.M. (IST) and will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).To determine the eligibility of its members, Arvind Fashions Limited has fixed two specific dates. The Record Date for determining shareholders eligible to receive a dividend for the financial year 2025-26 is Friday, August 07, 2026. If a dividend...

Gandhar Oil Refinery Assesses Impact on Operations Following Severe Flooding at Silvassa Plant Gandhar Oil Refinery (India) Ltd is currently assessing the operational and asset impact of a natural calamity affecting its manufacturing plant located in Silvassa, Dadra & Nagar Haveli, U.T. The company confirmed that unprecedented heavy rainfall over the past 48 hours led to severe waterlogging and flooding across various parts of the Silvassa area.The company has initiated comprehensive steps to evaluate the extent of the damage caused by the flood-like conditions on its assets, operations, and production capabilities. Appropriate measures are being taken to restore normal functioning at the earliest opportunity.Regarding mitigation...

Alldigi Tech Announces Interim Dividend and Shifts Registered Office within Chennai Alldigi Tech Limited announced several key decisions following its Board of Directors meeting held on July 24, 2026. The board reviewed the financial performance for the quarter ended June 30, 2026, declared an interim dividend for the company's shareholders, and officially shifted the company’s registered office within Chennai.The company released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Alongside these results, the Board approved the Limited Review Report issued by the Statutory Auditors of Alldigi Tech Limited.Interim Dividend Declaration The Board declared an interim dividend of INR 30 per...

Kitex Garments Limited Conducts Meetings for Scheme of Arrangement Involving Two Entities Kitex Garments Limited held separate meetings for its Equity Shareholders and Unsecured Creditors on July 24, 2026, concerning a Scheme of Arrangement between Kitex Childrenswear Limited and Kitex Garments Limited. The meetings were conducted via video conference (VC) to address the proposal under applicable provisions of the Companies Act, 2013.The Scheme of Arrangement pertains to the relationship between Kitex Childrenswear Limited, identified as the Demerged Company, and Kitex Garments Limited, which serves as the Resulting Company. The meetings were convened following a prior order issued by the National Company Law Tribunal (NCLT).Meeting...

Lamosaic India Limited Approves Major Corporate Changes: Increases Share Capital and Restructures Directorship Lamosaic India Limited announced several significant corporate developments following its Third Annual General Meeting held on Friday, July 24, 2026. The meeting saw approvals for the adoption of audited standalone financial statements for the year ended March 31, 2026, along with crucial alterations to the company's memorandum and articles of association (MOA and AOA).The General Meeting addressed key appointments, capital structure changes, and the relocation of the registered office.Board Appointments and Leadership Changes The meeting focused on senior management transitions within Lamosaic India Limited. Mr. Jitesh...

Renewable Giant Juniper Green Energy Set for Rs 1,800 Crore IPO Launch Amid Growth Surge Gurugram-based renewable energy independent power producer, Juniper Green Energy, is poised to hit the public markets with a significant initial share sale amounting to Rs 1,800 crore. The company has confirmed its participation in the IPO, which will commence on July 30. This offering represents entirely fresh capital and does not include any offer-for-sale (OFS) component.The listing follows another major mainboard public issue planned for next week, after Manipal Health Enterprises completes its offering. The company had originally planned a larger offer size of Rs 3,000 crore back in June 2025 before reducing the size. A capital markets...

Nasdaq Plummets as Oil Shock Reaccelerates Inflation Fears; Tech Stocks Face AI Spending Scrutiny The technology-heavy Nasdaq 100 Index experienced a significant decline, capping its first back-to-back weekly loss since late March. The gauge dropped 1.15% after being pulled down by surging oil prices and widespread selloffs among tech stocks that had previously benefited from the AI investment boom.Amid global market jitters, the S&P 500 Index managed a slight positive movement, closing up 0.0497%. The Dow Jones Industrial Average also saw gains, rising by 0.5% for the day.Chip Sector Correction and Tech Jitters Intensify The specialized tech sectors faced intense pressure, with the Philadelphia Stock Exchange Semiconductor Index...

Lemon Tree Subsidiary's Hotel Project LOA Extended by One Year Lemon Tree Hotels Limited has announced that the Letter of Award (LOA) for the development and operation of a 5-star hotel in Nehru Place, New Delhi, held by its Material Subsidiary, Fleur Hotels Limited, has been extended. The validity period of the LOA was mutually extended by one year following an agreement between the parties.The project concerns the development and operation of 'Aurika' at Nehru Place, which is a prime land parcel located in New Delhi. Fleur Hotels Limited, operating as the domestic entity for this venture, holds the licence rights pertaining to the site.Originally, the LOA was valid until August 14, 2026. Through the extension process, the validity...

5Paisa Capital Limited Chief Compliance Officer Resigns to Pursue New Opportunities 5Paisa Capital Limited has announced that Mr. Sudhendoo Ganddhi has resigned from his role as Chief Compliance Officer. The change was effective from the close of business hours on June 16, 2026.The resignation comes after Mr. Ganddhi decided to move on and pursue career opportunities outside the organization.Details regarding the transition and the officer's tenure are provided below:ParticularsDetailsReason for ChangeMr. Sudhendoo Ganddhi resigned to pursue career opportunities outside the company.Cessation DateResigned with effect from the close of business hours on June 16, 2026.Mr. Ganddhi submitted his resignation letter in which...

Aurobindo Pharma Signs Non-Exclusive Voluntary License Agreement with MSD for Generic Alimatravir Aurobindo Pharma Limited has entered into a non-exclusive voluntary licensing agreement with Merck & Co., Inc. (MSD), which is among a select group of global generic manufacturers. This royalty-free collaboration is set to enable the supply of generic alimatravir to 129 Low and Middle Income Countries (LMICs).The agreement focuses on providing access to the medication in LMICs, which are responsible for the majority of new HIV diagnoses globally.Executing such agreements before the completion of Phase 3 trial enrollment is noted as a first within HIV prevention efforts. This move is intended to facilitate the necessary scale-up required...

Share India Securities Reports Record Net Profit in Q1-FY27 as Revenues Hit INR 4,481 Mn Share India Securities Limited has announced its results for the first quarter of the financial year 2026-27 (Q1-FY27), reporting consolidated revenues of INR 4,481 Mn. The company achieved a Net Profit of INR 1,244 Mn, marking a new high for its quarterly consolidated net profit.The results showcase significant growth across key financial metrics, with revenue growing by 31.3%, EBITDA by 45.2%, and Net Profit rising by 47.2% year-on-year (YoY).MetricConsolidated FiguresRevenueINR 4,481 MnEarnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA)INR 2,006 MnNet ProfitINR 1,244 MnBusiness Segment Performance Highlights...

Tembo Global Industries Announces Record Date for Equity Share Sub-Division Tembo Global Industries Limited has announced the record date for the sub-division of its equity shares, following approval from shareholders at an Extra-Ordinary General Meeting (EGM) held on Friday, July 10, 2026. The company confirmed that the Board of Directors has fixed the record date to determine eligible shareholders for this corporate action.The company's stock division involves converting its existing equity shares into a smaller denomination. The details of the sub-division are as follows:Record DatePurposeDescriptionFriday, August 14, 2026Sub-Division / Split of Equity SharesEach Equity Share with a face value of Rs. 10/- (Rupees Ten only)...

Nitco Limited Allots 55 Lakh Equity Shares to Promoter Following Warrant Conversion Nitco Limited has finalized the allotment of a significant number of equity shares to its promoter, Mr. Vivek Prannath Talwar, subsequent to the successful exercise and conversion of convertible warrants. The allotment process saw the issuance of 55,05,935 equity shares to Mr. Talwar.The company had initially issued 2,34,10,000 convertible warrants to a promoter on January 27, 2025, through a preferential allotment. The issue price for these warrants was set at Rs. 92.25 per warrant, with an initial subscription payment of 25% being received upon the warrants' allotment.A portion of these warrants were subsequently converted and allotted into equity...

Alldigi Tech Announces Interim Dividend, Releases Q2 Results; Shifts Registered Office in Chennai Alldigi Tech Limited announced key outcomes from its recent Board meeting, including declaring an interim dividend, releasing unaudited financial results for the quarter ended June 30, 2026, and shifting the company's registered office within Chennai.The Company has declared an Interim Dividend of INR 30 per equity share, based on a face value of INR 10 per share for the financial year 2026-27. The dividend is scheduled to be paid on or before August 20, 2026, to shareholders recorded in the Register of Members as of the record date, July 31, 2026.In a strategic administrative move, Alldigi Tech will shift its registered office within...

Patanjali Foods Ordered to Recall Batch of Wheat Flour Over Pesticide Residue Levels Patanjali Foods Limited has been ordered by a food safety authority to recall the sale of a batch of Wheat Flour due to the presence of exceeding maximum tolerance levels of Chlorpyriphos pesticide residues. The company received the order on July 24, 2026, from the Office of The Assistant Commissioner of Food Safety in Kottayam.The action stems from an investigation where the authority found that the batch contained exceeding maximum tolerance limits of Pesticide Residues of Chlorpyriphos. Consequently, a recall order of sale has been issued for the affected Wheat Flour batch.Details regarding the regulatory action and product integrity are...

MosChip Reports Q1 FY27 Results; Revenue Declines Amid Turnkey Project Timing MosChip Technologies Limited, a provider of semiconductor and product engineering solutions, announced its Unaudited Consolidated Financial Results for the quarter ended June 30, 2026. The company reported varied performance across different metrics as it navigates the cyclical nature of the turnkey ASIC business and ongoing efforts in its Product Engineering Services (PES) division.The results indicate a decline in revenue from operations when compared to Q1 FY26, while operational commentary cited project completion timing and order conversion cycles as key factors influencing the quarter's performance.Financial Performance Highlights MosChip’s financial...

Orient Technologies Limited Wins ₹76 Crore Purchase Order from National Payments Corporation of India Orient Technologies Limited has secured a significant domestic purchase order from the National Payments Corporation of India (NPCI) for the supply of servers, bolstering its position in the enterprise infrastructure solutions market. The engagement, valued at approximately ₹76,20,00,000/- exclusive of GST, was confirmed by the company.The contract involves supplying servers to NPCI, a domestic entity. A key aspect of this order is that it includes End of Sale support along with 7 years of warranty and back to back support from OEM (Original Equipment Manufacturer).This substantial order falls under the category of a Purchase Order...

Aakaar Medical Technologies Reports Operational Progress for Q1 FY2026-27, Highlights Network Growth and FY27 Guidance Aakaar Medical Technologies Limited has released its operational business update for the first quarter of fiscal year 2026-27 (Q1 FY2026-27), detailing developments across its medical aesthetics ecosystem. The company emphasized strengthening its distribution network, accelerating innovation, and improving commercial discipline as part of its long-term transformation strategy.The management noted that operational momentum established in the second half of FY26 continued into the current financial year. Aakaar’s objective remains centered on building a high-quality, science driven organization capable of delivering...

Vikran Engineering Limited Redeems ₹15 Crore in Non-Convertible DebenturesVIKRAN ENGINEERING LIMITED announced the full redemption of a tranche of Non-Convertible Debentures (NCDs) on July 24, 2026. The company completed the transaction involving 30 unsecured, rated, unlisted, and redeemable debentures, amounting to ₹15,00,00,000.The redemption was executed in accordance with the terms of issuance and occurred on the designated maturity date. This action details a key aspect of the company's debt management structure.Details regarding the redeemed securities are summarized below:ParticularsDetailsType of SecurityNon-Convertible DebentureISININE01R507041Type of RedemptionFullQuantity Redeemed30 NCDsTotal Amount...