Markets

Veefin Solutions Approves Up to INR 35 Crore Fundraising via Non-Convertible Debentures Veefin Solutions Ltd has approved a plan to raise funds through the issuance of Non-Convertible Debentures (NCDs). The board sanctioned the fundraising effort, which is designated as a private placement.The company's board meeting granted approval for an aggregate amount of up to INR 35,00,00,000 for this debt raising exercise. These NCDs are planned to be issued in one or more tranches or series through the specified method.Details regarding the proposed securities issuance were outlined, confirming the nature and structure of the financial instruments being introduced by the company.A summary of the key terms associated with the...

Computer Point Ltd Appoints Sanjay Rawka as Non-Executive Independent Director Computer Point Limited has appointed Mr. Sanjay Rawka as an Additional Director, categorised as a Non-Executive Independent Director. The appointment, effective from July 24, 2026, is set for a term of three consecutive years.The appointment was made during a meeting of the Board of Directors held on Friday, July 24, 2026. According to company records, the Board approved the decision based on the recommendation of the Nomination and Remuneration Committee. Mr. Rawka's term runs until July 23, 2029, subject to shareholder approval at the ensuing Annual General Meeting. The Directors' meeting commenced at 2:00 P.M. and concluded at 5:00 P.M.Mr. Sanjay Rawka...

Restile Ceramics Approves Q1 FY26 Results; Auditors Note Going Concern Uncertainty Amid Operating Losses Restile Ceramics Ltd has announced the approval of its Standalone Unaudited Financial Results along with a limited review report for the first quarter ending June 30, 2026. The Board of Directors held a meeting on July 24, 2026, where it approved these financial results and considered other agenda items.The company confirmed that the trading window for securities will open on July 26, 2026.Financial Performance Summary (in Rs. lakhs) The reviewed results show specific performance metrics across the quarter ended June 30, 2026, compared to previous periods. The financial data is presented below:ParticularsQ1 FY26 (Jun 30...

Ujjivan Small Finance Bank Completes 10th Annual General Meeting; Approves Rs 2,000 Crore Fund Raising Plan Ujjivan Small Finance Bank Ltd held its 10th Annual General Meeting (AGM) on Friday, July 24, 2026. The meeting, which was conducted through Video Conferencing/Other Audio-Visual Means, saw members approve several key resolutions related to financial statements, management appointments, and the approval of a major fund raising plan.The AGM concluded with the Chairman thanking all shareholders, directors, and invitees. Directors present at the meeting included Mr. B.A. Prabhakar (Part Time Chairman & Independent Director), Mr. Sanjeev Nautiyal (MD & CEO), Ms. Carol Furtado (WTD), and several other independent directors and...

Dixon Technologies Announces Board Meeting to Approve Q1 Financial Results and Updates Trading Window Status Dixon Technologies (India) Ltd has scheduled a meeting of its Board of Directors to consider and approve the Un-Audited Financial Results for the quarter ending June 30, 2026. The board meeting is set for Friday, July 31, 2026.The company will utilize this meeting to review both the Standalone and Consolidated financial results for the specified quarter.In addition to the Board meeting announcement, Dixon Technologies provided an update regarding the trading window for its securities. The trading period had closed as of July 1, 2026.Management confirmed that the trading window will reopen forty-eight hours following the...

TANFAC Industries Reports Q1 FY27 Results, Completes Major Capital Raise for Strategic Expansion TANFAC Industries Limited, a key player in India's fluorine chemicals sector, has released its unaudited financial results for the quarter ended June 30, 2026. The company reported quarterly revenue of approximately ₹187 crore, marking a 6.3% year-on-year growth, although it experienced a 3.1% decline quarter-on-quarter due to disruptions arising from the geopolitical situation in West Asia.The results show the impact of both market dynamics and operational challenges on profitability. While revenue showed robust health driven by high demand for Solar Grade DHF and improved capacity utilization, operating EBITDA was influenced by elevated...

Critical Reminder: Are Banks Closed Today? RBI Rules Govern Saturated Banking Access on Saturday Is The Indian Banking Sector Operational Today? Banks across India are closed today, Saturday, July 25, 2026. This is because according to Reserve Bank of India (RBI) guidelines, banks remain shut down on the second and fourth Saturdays of every month. Therefore, consumers should check the official holiday calendar before planning any bank branch visits.Understanding RBI's Monthly Banking Schedule The RBI regulations dictate the operating schedule for financial institutions nationwide. Banks are required to be operational on the first, third, and fifth Saturdays of the month. The closure today is strictly in accordance with established...

Rajasthan Tube Manufacturing Company Approves Warrants Issuance and Regularizes Two Independent Directors Rajasthan Tube Manufacturing Company Ltd announced several significant decisions following the outcome of its Board of Directors meeting held on July 24, 2026. The board approved plans for raising capital through a preferential issue of warrants, while also recommending the regularization of two additional directors into independent director positions.Capital Raising through Warrants Issue The company approved the issuance of up to six crore twenty-one lakh Convertible Equity Share Warrants (Warrants) to public investors on a Preferential Basis. These Warrants are convertible in one or more tranches into equity shares with a face...

Indus Infra Trust Holds Third Annual General Meeting; All Resolutions Passed Based on Consolidated Voting Results The Third Annual General Meeting (AGM) of Indus Infra Trust was successfully conducted virtually on Friday, July 24, 2026. The meeting focused on key corporate matters, including the adoption of financial statements and the appointment of a Valuer for the InvIT assets.The AGM was held via Video Conferencing/Other Audio-Visual Means (VC/OAVM) at 11:00 AM (IST). Directors and Key Managerial Personnel (KMPs) present included Mr. Ramesh Chandra Jain (Chairman, Director), Mr. Ankush Vinod Pitale (Additional Director), Mr. Deepak Maheshwari (Independent Director), Mr. Raghav Chandra (Independent Director), Mrs. Swati Anil...

Welspun Living Approves Stake Transfer in WCPGL and Rs 121 Crore Modernization Capex for Anjar Facility Welspun Living Limited (WLL) announced two significant corporate decisions, approving the transfer of its stake in Welspun Captive Power Generation Limited (WCPGL) to a promoter group entity and sanctioning a major capital expenditure project at its Anjar facility.The Board of Directors approved the transfer of WLL's 51% stake in WCPGL to Welspun Corp Limited (WCL), a company belonging to the promoter group. The total consideration for this acquisition was set at Rs 67.66 Crores. This transaction, which is intended to be completed by August 31, 2026, forms part of WLL's strategic push toward enhancing its use of renewable and green...

Bank of Maharashtra Revises Marginal Cost of Funds Based Lending Rate (MCLR) Bank of Maharashtra has announced a review and subsequent revision of its Marginal Cost of Funds Based Lending Rate (MCLR), which will be effective from July 25, 2026. The updates pertain to various lending tenors across different segments.The bank provided details regarding the changes in MCLR for customers. While some rates remained unchanged, others saw adjustments following the review process.TenorExisting MCLRRevised MCLR (w.e.f. 25.07.2026)Overnight7.50%7.30%One month8.30%8.30%Three months8.55%8.55%Six months8.80%8.90%One Year8.95%9.00%MAHABANK Stock Price Movement On Friday, shares of Bank of Maharashtra edged higher to close at...

Operations at Indo Count Industries Facility in Gujarat Temporarily Disrupted Due to Flooding Indo Count Industries Ltd. has temporarily halted operations at its manufacturing facility located in Bhilad, Gujarat. The disruption began on July 23, 2026, following unprecedented rainfall and consequent flooding in the surrounding area.The company confirmed that the temporary cessation of activities was necessitated by the severe weather conditions impacting the premises situated at 191/192, Mahala Falia, Village, Bhilad, Gujarat- 396105. Management states that adequate measures have been taken to ensure the safety and well-being of personnel at the site during this period.The facility is currently experiencing a temporary disruption in...

Share India Securities Reports Q1 Results: Standalone and Consolidated Income Highlights Revenue Growth Share India Securities Limited has announced its un-audited financial results for the quarter ended June 30, 2026. The company reported figures across standalone, consolidated, and segment wise levels, detailing performance in revenue generation and profitability over various periods.Financial Performance (Standalone) For the quarter ending June 30, 2026, Share India Securities recorded a Total Income of 35,355.47 in Lakhs. The company's total revenue from operations stood at 34,955.01 Lakhs. Key components contributing to operational income included Net gain on fair value changes (20,001.53 Lakhs), and Fees and commission income...

OneSource Specialty Pharma Reports Strong Q1 FY27 Results; Revenue Up 37% YoY OneSource Specialty Pharma Limited announced consolidated financial results for the quarter ending June 30, 2026, highlighting robust growth across its specialty CDMO business. The company reported a significant increase in revenue and EBITDA, driven by various commercial milestones and operational leverage.The company’s performance during Q1 FY27 demonstrated strong momentum. Revenue reached ₹4,490m, marking a 37% year-on-year (YoY) rise and a 5% quarter-on-quarter (QoQ) increase. EBITDA stood at ₹1,233m, representing a 39% YoY increase and a 34% QoQ jump. This operational efficiency led to the company achieving an EBITDA margin of 27.5%, up from 21.5% in...

Kesar India Ltd Features in Grohe-Hurun Real Estate 150, Valuation Rises 125% Kesar India Limited, a prominent player in the real estate sector, has secured a place among India's top real estate companies, featured in the prestigious Grohe-Hurun India Real Estate 150 for 2026. The company registered a significant valuation increase of 125% year-on-year, reaching INR 3,600 crore, which placed it as the second national gainer by percentage growth on the list.Amid a challenging environment for the real estate industry and market conditions that remain subdued across much of the sector, Kesar India's performance stands out as a notable outlier, underscoring the strength of its execution and scalable growth model.The recognition was...

Bank of Baroda Hosts Media and Analyst Meet for Q1 FY2026-27 Financial ResultsBank of Baroda has made the recorded sessions of its recent Media Meet and Analyst Meet available to stakeholders following the release of the financial results for the first quarter of fiscal year 2026-27.The meeting was conducted to present the company’s Q1 FY2026-27 Financial Results. Investors and analysts can access the audio and video recordings of the session through the designated section on the bank's official website, which is accessible via its Shareholders Corner.BANKBARODA Stock Price Movement Bank of Baroda shares rallied on Friday, successfully closing the trading session up 1.27% and settling at ₹246.45. The stock saw a total volume of...

Shakti Pumps Delivers Record Revenue and Strong Operational Momentum in Q1 FY27 Indore, Madhya Pradesh, 24th July 2026: Shakti Pumps (India) Limited (SPIL), a manufacturer of energy efficient pumps and solar pumping solutions, has announced its financial results for the quarter ended June 30, 2026. The company reported a record consolidated revenue, demonstrating strong execution and sustained demand across its core markets.Chairman Mr. Dinesh Patidar commented that the performance reflected robust operational execution and an improved working capital position. Despite facing input cost pressures and lower realizations on select orders, SPIL maintained broadly stable EBITDA margins sequentially. The company also noted healthy momentum...

Moschip Technologies Reports Quarterly Financial Results; Grants 357,000 Employee Stock Options Moschip Technologies Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. The company also confirmed the grant of employee stock options to eligible employees during its Board meeting held on July 24, 2026.The Board of Directors reviewed and approved the Unaudited Financial Statements (Standalone & Consolidated) for the quarter ending June 30, 2026, which were conducted in conjunction with a Limited Review Report issued by S. T. Mohite & Co., Chartered Accountants. The company also announced that the Nomination & Remuneration Committee granted 3,57,000 Employee Stock Options (ESOP) to its eligible employees...

Polymac Thermoformers Ltd to Hold Board Meeting on July 29, 2026 Polymac Thermoformers Limited has scheduled a meeting of its Board of Directors for Wednesday, July 29, 2026. The meeting will be held at the company's registered office in Kolkata and is set to address several critical business items related to the forthcoming Annual General Meeting (AGM).The agenda for the board meeting includes setting various dates and approvals essential for the AGM process. Key resolutions to be transacted include fixing the Book Closure date(s) required for the Annual General Meeting.Furthermore, the Board is mandated to fix the specific details of the AGM, including the date, time, and venue. The meeting will also approve the draft Notice and...

ED Files Prosecution Complaint Against Hampton Sky Realty Ltd and Promoter Sanjeev Arora The Directorate of Enforcement (ED) has filed a Prosecution Complaint against Hampton Sky Realty Limited and its promoter, Mr. Sanjeev Arora. The complaint was filed before the LD. Principal District and Session Judge / Special Court (PMLA), Distt Court Gurugram (Haryana).The filing follows a receipt of communication from the ED dated 24.07.2026. The Prosecution Complaint involves allegations concerning Sections 44 and 45 of the Prevention of Money Laundering Act, 2002 ("PMLA").In response to the complaint, Hampton Sky Realty Limited confirmed that it is contesting the allegations made in the Prosecution Complaint against both the company and...