Markets

Bharti Airtel Completes Conversion of Equity Shares Upon Receipt of First and Final Call Payments Bharti Airtel Limited has approved the conversion of partly paid-up equity shares into fully paid-up equity shares following the receipt of payments related to its First and Final Call notice. The move was sanctioned by a Special Committee of Directors for Rights Issue, a duly authorized committee of the Board of Directors.The company received an aggregate amount of INR 190.32 million against valid applications for the First and Final Call. This payment covered 460,833 partly paid-up equity shares from eligible shareholders. In response to this receipt, the Board approved converting these 460,833 shares—which had a face value of INR 5...

REC Declares Interim Dividend of 4.25 Per Share as Profit Rises 23% in Q1 FY27 Delhi, July 24, 2026: The Board of Directors of REC Limited has approved its standalone and consolidated financial results for the quarter ended June 30, 2026, alongside declaring a First Interim Dividend of ₹4.25 per equity share (face value ₹10 each).The Company reported robust earnings performance, with Net Profit reaching ₹4,149 crore in the first quarter of FY27, marking a substantial increase of 23% compared to the previous quarter's net profit of ₹3,362 crore. Net interest income stood at ₹5,212 crore, up from ₹4,961 crore.Despite operating within a dynamic environment, REC maintained a healthy Net Interest Margin (NIM) of 3.34%. This performance...

Mohini Health & Hygiene Approves Capital Increase, Debt Structures Up To 300 Crore Mohini Health & Hygiene Limited (MHHL) announced several significant outcomes from its Board of Directors meeting held on July 24, 2026. The Board approved substantial increases in financial capacities, including borrowing limits and investment ceilings, while also approving material related party transactions and key changes in the company’s management structure.The company enhanced multiple operational limits under the Companies Act, subject to subsequent shareholder approval at an Extraordinary General Meeting (EGM). These approvals included increasing the limit for borrowings up to Rs. 3,00,00,00,000/- (Rupees Three Hundred Crore Only). Furthermore...

Ad-Manum Finance Ltd Reports Q2 Results: Total Income Stands at 477.63 Lakhs Ad-Manum Finance Limited released its Unaudited Financial Results for the quarter ended June 30, 2026, showing a consolidated total income of 477.63 lakh Rs. The results were reviewed by the Audit Committee and subsequently adopted by the Board of Directors on July 24, 2026, following a limited review by the company's Statutory Auditors.The company, which operates in the finance and windmill segment, recorded Total Revenue from operations at 462.84 lakh Rs. for the quarter. Total Income (PIT) stood at 477.63 lakh Rs., against which total expenses were recorded at 97.96 lakh Rs. This resulted in a Profit before tax of 424.70 lakh Rs.For the period, Ad-Manum...

TANFAC Industries Announces Quarterly Financial Results, Sets AGM Date, Appoints New Statutory Auditor TANFAC Industries Ltd., a joint sector company with TIDCO and Anupam Rasayan India Ltd., has released its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors also approved key corporate decisions, including the date of the upcoming Annual General Meeting (AGM) and the appointment of a new Statutory Auditor.The company provided comprehensive data regarding its performance alongside updates on capital structure changes and major project developments during the recent period.Financial Highlights for Q1 FY2026 The Board approved the Un-audited Financial Results for the quarter ended June 30, 2026...

Enbee Trade & Finance Ltd Appoints New CFO and Re-appoints Internal Auditor Enbee Trade & Finance Ltd announced key appointments following its Board of Directors meeting held on July 24, 2026. The company approved the appointment of Mr. Nishith Kartik Pandit as Chief Financial Officer (CFO) and re-appointed M/s Spire Risk Advisors LLP as the Internal Auditor for a multi-year term.The Board officially appointed Mr. Nishith Kartik Pandit as the Company's CFO, effective July 24, 2026. Mr. Pandit holds an MBA degree in Finance and brings 20 years of experience to the role. His professional background includes spending ten years with ING Vysya Bank and Kotak Mahindra Bank in core banking roles. He subsequently spent another decade focusing...

Sammaan Capital Limited Completes Monthly Interest Payments on Secured Redeemable Non-Convertible Debentures Sammaan Capital Limited confirmed that it has made timely interest payments concerning its Secured Redeemable Non-Convertible Debentures (NCDs). The payments, which pertain to debentures issued through a Public Issue and listed on the Stock Exchanges, were settled in full.The company’s financial obligations regarding these NCDs have been maintained consistently across various issue series. The details of the interest payments for each security are presented below:Sr. No.ISINIssue Size (in INR lacs)Interest Amount Paid (in INR lacs)FrequencyDue DateActual Payment Date1INE148I07VQ1100.07299Monthly27/07/202624/07/2026...

Quess Corp Limited Recommends Final Dividend of Rs 3 Per Share; Details on TDS Requirements Announced Quess Corp Limited announced the recommendation of a final dividend for the Financial Year ending March 31, 2026. The Board of Directors meeting held on May 04, 2026, recommended a final dividend of Rs 3/- per equity share, calculated at a rate of 30% of the face value of Rs 10/each.The record date for determining shareholder entitlement for this final dividend has been set as Friday, August 07, 2026. The company noted that upon approval by shareholders at the forthcoming 19th Annual General Meeting (AGM), the dividend will be paid within 30 days from the declaration date.Tax Deduction at Source (TDS) Guidelines As dividends are...

Piramal Pharma Temporarily Suspends Operations at Gujarat Facility Due to Severe Flooding Piramal Pharma Ltd has temporarily suspended operations at its manufacturing facilities located in Ahmedabad, Gujarat, following reports of exceptionally heavy rainfall and consequent flooding across parts of the state. The suspension was initiated as a precautionary measure for the complex situated at Plot Nos. 18 and 19 within the PHARMEZ Pharmaceutical Special Economic Zone.The company confirmed that all employees, including contract staff, at the affected manufacturing sites are safe. Operations at the facilities in Matoda have been temporarily halted due to waterlogging caused by the heavy rainfall in Gujarat.Piramal Pharma has taken...

RBI Authorizes AvenuesAI Limited to Operate Prepaid Payment Systems AvenuesAI Limited, operating as GoWallet, has received official authorization from the Reserve Bank of India (RBI). This approval permits the company to set up and operate a payment system dedicated to the Issuance and Operation of Prepaid Payment Instruments under the Payment and Settlement Systems Act, 2007.The authorization granted by the RBI solidifies AvenuesAI’s capability within the financial technology sector, allowing the company to issue and run Prepaid Payment Instruments across India. This strategic approval significantly impacts the entity, enabling it to expand its operational scope in the domestic market.The details of this regulatory achievement...

Sakar Healthcare Posts 38% Revenue Growth in Q1 FY27; Profit After Tax Rises 120%, Driven by Oncology Focus Ahmedabad, July 24, 2026: Sakar Healthcare Ltd., a manufacturer of oncology orals and injections with EU GMP approval, announced its unaudited financial results for the first quarter of the fiscal year (Q1 FY27) ending June 30, 2026. The company reported significant gains in revenue and profitability, underpinned by strategic growth across its oncology platform and global market engagements.Consolidated Financial Performance Sakar Healthcare demonstrated robust performance in Q1 FY27. Revenue from operations grew by 38% year-over-year (YoY), while Profit After Tax saw a sharp increase of 120%. The company's EBITDA margin stood...

Shree Digvijay Cement Announces 81st Annual General Meeting and Dividend Record Date Shree Digvijay Cement Co. Ltd., established in 1944, has announced details regarding its 81st Annual General Meeting (AGM) and the Record Date for determining entitlement to the dividend for the financial year 2025-26.The company's AGM is scheduled to take place on Wednesday, September 16, 2026, at 11:00 A.M. (IST). The meeting will be held through Video Conferencing and Other Audio Visual Means.A key announcement concerns the dividend for the financial year ended March 31, 2026. The Board of Directors has fixed Wednesday, September 9, 2026, as the Record Date to determine members' entitlement to this dividend, which remains subject to shareholder...

UltraTech Cement Announces Annual General Meeting and Fixes Record Date UltraTech Cement Limited has announced key dates for its upcoming Annual General Meeting (AGM), providing crucial details regarding eligibility for dividend and subsequent payment timelines. The company stated that the AGM will be held on Monday, August 17, 2026.The Annual General Meeting of UltraTech Cement is scheduled to take place via Video Conferencing or other Audio-Visual Means. The proceedings are deemed to be conducted at the Company’s Registered Office located at B Wing, Ahura Centre, 2nd Floor, Mahakali Caves Road, Andheri (East), Mumbai 400 093. The meeting is set for 3:00 p.m. IST.In relation to dividend eligibility and AGM requirements, the Company...

Hariyana Ventures Ltd to Hold Board Meeting to Review Quarter Ending June 30, 2026 Results Hariyana Ventures Limited, formerly known as Hariyana Metals Limited, is scheduled to hold a meeting of its Board of Directors on Wednesday, July 29, 2026. The meeting will be conducted at the company's registered office and will address several key business matters related to operational review and financial performance.The agenda for the board meeting focuses primarily on the examination and approval of the company’s financial status for the quarter ended June 30, 2026.Key items scheduled for discussion include:Agenda ItemDetailsFinancial ReviewConsideration and approval of the Standalone Unaudited Financial Results, along with a...

Touax Texmaco Railcar Leasing Issues Shares to TrinityRail Global Inc., Revising JV Structure Touax Texmaco Railcar Leasing Private Limited has completed a significant transaction involving the issuance of equity shares and compulsorily convertible debentures, restructuring its joint venture (JV) with the addition of a new partner. The move solidifies the partnership by introducing TrinityRail Global Inc. as a key stakeholder in the JV company.The joint venture company issued 31,670,588 Equity Shares and 76,893 Compulsorily Convertible Debentures (CCDs) to TrinityRail Global Inc. The transaction details pertain to Touax Texmaco Railcar Leasing Private Limited, a joint undertaking of Texmaco Rail & Engineering Limited and Touax Rail...

Clean Max Completes Strategic Transactions: Sells 26% Stakes in Two Subsidiaries and Acquires Shareholding in Clean Max Uno Private Limited Clean Max Enviro Energy Solutions Limited announced significant updates regarding its subsidiaries, confirming the approval of sales for stakes in two wholly owned entities and detailing an acquisition of shares in a third subsidiary. The transactions involve key buyers and focus on managing the company's portfolio and enabling future growth initiatives.The board of Clean Max Enviro Energy Solutions Limited approved the sale of 26% equity stakes from its subsidiaries, alongside the acquisition of a stake in Clean Max Uno Private Limited.Sale of Shares in Wholly Owned Subsidiaries The Company is...

CRISIL and CARE Assign Ratings to State Bank of India; Key Financial Indicators Highlight Dominant Market Position Crisil Ratings Limited has assigned 'Crisil AA+/Stable' rating to Rs 5,000 crore Tier I Bonds (under Basel III) of State Bank of India (SBI), while multiple debt instruments of the bank have been reaffirmed across various categories by Crisil. Concurrently, CARE Ratings Limited maintained its assessment of SBI’s financial strength, focusing on the support from the Government of India (GoI) and the bank's substantial operational footprint in the country.The ratings reflect the conglomerate's strong market standing, stable profitability, and adequate capitalization in the banking sector.Crisil Ratings: Instrument-Specific...

NBCC Secures Rs 108.85 Cr. in New Work Orders from Government Agencies NBCC (India) Limited has received significant work orders totaling approximately Rs 108.85 Crore in the normal course of its business operations. The contracts involve infrastructure and project management consultancy projects awarded by two domestic entities, bringing the company's recent contract wins to a total of Rs 108.85 Cr. (excluding GST).The work includes construction projects spanning various states and specialized services for national boards and educational institutions.Major Projects Awarded NBCC secured contracts from National Horticulture Board and Directorate of Technical Education and training, Odisha, Cuttack. The details of the awarded works...

NTPC Releases Operational and Financial Snapshot for Quarter Ended June 30, 2026 NTPC Limited has made available the operational and financial snapshot of the company covering the quarter ended June 30, 2026.The comprehensive snapshot, detailing the performance metrics for the specified period, can be accessed through the designated investor relations platform on the NTPC website.NTPC Stock Price Movement Shares of NTPC Limited today slipped by 0.26% to settle at ₹347.20 after a day of trading. The stock traded within a range between ₹345.1 and ₹350, with the company seeing 6.3 million shares change hands.

DCM Shriram Ltd Announces Resignation of Chief Human Resource Officer DCM Shriram Ltd has announced that Mr. Sandeep Girotra, who held the position of Chief Human Resource Officer and Senior Management Personnel, has resigned from the services of the company. The resignation is effective as of July 24, 2026.The change in senior management personnel was confirmed, with the details provided regarding the departure. Mr. Girotra’s resignation stems from personal reasons.Key details related to the cessation of his role are summarized below:ParticularsDetailsDesignationChief Human Resource Officer & Senior Management PersonnelEffective Date of CessationJuly 24, 2026Reason for ChangePersonal reasonsDCMSHRIRAM Stock Price...