Markets

HDFC Bank Exercises Call Option on US$ 1 Billion Tier 1 Notes, Scheduling Redemption for August 2026 HDFC Bank Ltd. has announced that it has exercised its call option regarding the US$ 1,000,000,000 3.7% Additional Tier 1 Notes. The Bank confirmed the intent to fully redeem these bonds on the First Call Date of August 25, 2026, in accordance with the Terms and Conditions of the notes.The decision to exercise the call option was made by the Bank and involves the redemption of all outstanding securities issued under both Regulation S and Rule 144A.The US$ 1,000,000,000 3.7% Additional Tier 1 Notes were initially issued on August 25, 2021. The Bank has instructed the Trustee, Citicorp International Limited, to issue the necessary...

Bank of Baroda enhances resource raising limits for overseas operations following board approval Bank of Baroda announced a strategic enhancement of its resource raising limits during a recent Board meeting concerning its international operations. The decisions cover both the bank's borrowing capacity and specialized debt instruments aimed at sustainable funding in overseas markets.The Board determined that the limit for borrowings through various loan facilities has been doubled, increasing from USD 5.00 billion to USD 10.00 billion. This expanded capacity applies across multiple arrangements, including syndicated loans, bilateral loans, club deals, and other similar lending facilities.In addition to strengthening its borrowing...

Punjab National Bank to Hold Board Meeting on Debt Issuance for Foreign Currency Funds Punjab National Bank has scheduled its Board of Directors meeting to deliberate on a significant proposal concerning foreign currency financing. The meeting is set for Wednesday, July 29, 2026.The key focus of the upcoming board meeting is the consideration and approval of a proposal to raise foreign currency funds through debt issuance. This move is part of the bank’s strategic financial planning.PNB Stock Price Movement Today, shares of Punjab National Bank edged higher after market close, settling at ₹110.38, marking a gain of 0.18%. The stock saw robust trading activity, with 11.9 million shares changing hands during the day.

TechNVision Ventures Clarifies Share Price Movement Citing Full Disclosure to Stock Exchange TechNVision Ventures Ltd has issued a clarification regarding recent significant price movements in its equity shares, stating that all material events concerning the company have been duly disclosed to the Bombay Stock Exchange (BSE). The response addressed an inquiry from the exchange regarding the share's volatility.The Company confirmed that it has made timely disclosures about all events and information that could affect its operations and performance to the BSE. TechNVision Ventures stated there is no undisclosed event or pending announcement that bears on the price or volume behavior of its securities.In response to the inquiry, the...

Shree Rajiv Lochan Oil Extraction Ltd Reports Financial Results and Appoints New Auditors Amid Business Transformation Shree Rajiv Lochan Oil Extraction Limited has released its audited financial results for the quarter ended March 31, 2026. The company also announced the appointment of new secretarial and internal auditors. These results were reported against a backdrop of operational transformation, as the company's principal manufacturing plant has been disposed of.The Board of Directors, at a meeting held on May 29, 2026, approved the audited financial results for the quarter ended March 31, 2026. Furthermore, the board appointed Samantrai Prashant & Co. as the secretarial auditor for the Financial Year 2025-2026 and Goel & Goyal...

Arihant Capital Markets Reports Q1 Results: Standalone Net Profit Rises to 1,892.32 Lacs; Consolidated Net Profit Stands at 2,148.94 LacsArihant Capital Markets Ltd announced its unaudited financial results for the first quarter (Q1) ended June 30, 2026, following the approval of the results by its Board of Directors on July 24, 2026. The company reported strong performance across both standalone and consolidated segments during the period.The unaudited financial statements for the quarter ending June 30, 2026, reveal robust revenue generation from operations and significant profitability for Arihant Capital Markets Limited (Standalone).Standalone Q1 Financial Highlights Key figures for the first quarter of FY2026 in the...

GPT Infraprojects Announces Board Meeting to Review First Quarter Un-Audited Financial Results GPT Infraprojects Ltd has scheduled a meeting of its Board of Directors to review and approve the company's un-audited financial results for the first quarter ended on June 30, 2026.The Board meeting is set to take place on Saturday, August 1, 2026. The key agenda item scheduled for consideration includes the Un-Audited Financial Results (both Standalone and Consolidated), along with the Limited Review Report from the Statutory Auditors of the company.In relation to corporate conduct, GPT Infraprojects confirmed that the trading window for trading in its securities will remain closed until August 3, 2026. This closure extends the previous...

Standard Engineering Technology Limited Completes Phase I Investment, Acquiring 19.19% Stake in Japanese Firm Standard Engineering Technology Limited has successfully completed the first phase of its strategic investment in GL HAKKO Co., Ltd., a Japanese company. The completion marks the acquisition of a significant stake as part of an ongoing international expansion initiative for the Indian technology firm.The company confirmed that Phase I is complete following the successful remittance of subscription consideration through prescribed banking channels. This milestone was achieved after the execution of both the Share Subscription Agreement and the Shareholders' Agreement between Standard Engineering Technology Limited, GL HAKKO...

Mangalam Worldwide Limited Submits Waiver Application Against Alleged Fine Over Financial Results Delay Mangalam Worldwide Limited has taken action regarding a notice received from BSE concerning an alleged fine related to the submission of its financial results. The company has filed a waiver application with BSE, asserting that it had fully complied with regulatory requirements.The matter was reviewed by the Board of Directors of Mangalam Worldwide Limited at a meeting held on July 24, 2026. The Board noted the notice received from BSE dated June 30, 2026, which concerned a potential fine related to an alleged delay in submitting the Financial Results for the quarter and financial year ended March 31, 2026.The Company submitted...

Pankaj Polymers Ltd Approves Auditor Appointment, Multi-Crore Preferential Issues and Name Change Proposal Pankaj Polymers Limited has approved several significant corporate actions, including the appointment of new statutory auditors, approval for multiple preferential issues across equity shares and warrants, a proposal to change its company name, and operational shifts related to its memorandum of association. These decisions were taken during a Board meeting held on July 24, 2026.Key approvals detailed by the company include:Auditor Appointment: The Board approved M/s Shilpi Sharma & Co., Chartered Accountants (Firm Registration No. 021442N), to fill a casual vacancy and serve as Statutory Auditors until the conclusion of the...

SAIL Posts Strong Profit in Q1 FY27; Net Income Rises Significantly Amid Global Uncertainties New Delhi: Steel Authority of India Limited (SAIL) declared its unaudited financial results for the quarter ended June 30, 2026. The company reported a substantial increase in profitability, with net profit for the period rising significantly compared to the corresponding period last year (CPLY).The results reflect enhanced operational efficiencies and prudent cost management within SAIL, which operates amid global uncertainties in the steel market.Key Financial Highlights for Q1 FY27 (Quarter Ended June 30, 2026) SAIL recorded total income of Rs 26,449.15 crore for the quarter. The company’s profitability before tax stood at Rs 2,158.79...

Mahanagar Gas Ltd to Hold Board Meeting to Approve Q1 Financial ResultsMahanagar Gas Limited announced that its Board of Directors is scheduled to meet on Thursday, July 30, 2026. The primary agenda item for the meeting includes considering and approving the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026.In addition to the board meeting notification, the company confirmed measures regarding its insider trading policies. Trading in the securities of Mahanagar Gas Ltd has been closed for all Designated Persons and their Immediate Relatives.The trading closure period commenced on July 01, 2026. The restriction will remain in effect until a duration of 48 hours after the declaration of the...

Neogen Chemicals Reports Q3 Results; Board Approves Up to Rs 600 Crore Fund Raise and Appoints Internal Auditor Neogen Chemicals Limited announced several key outcomes following its Board meeting held on July 24, 2026. The company released its un-audited financial results for the quarter ended June 30, 2026, alongside details regarding future fundraising and operational appointments.The Board considered and approved the Un-audited (Standalone & Consolidated) Financial Results of the Company for the quarter ended June 30, 2026, which included a Limited Review Report by M/s Chandabhoy Jassoobhoy, Chartered Accountants. The company's management also presented the Integrated Annual Report for FY 2025-26.Financial Performance Highlights...

BMB Music & Magnetics Ltd Approves Board Report, Appoints New Internal Auditors BMB Music & Magnetics Limited finalized several corporate matters following its Board of Directors meeting held on July 24, 2026. The company approved the Draft Board's Report for the Financial Year ended March 31, 2026, and announced key dates related to its upcoming Annual General Meeting (AGM).The Board meeting also sanctioned the convening of the AGM, scheduled for Monday, August 24, 2026. The meeting will be conducted through video conferencing or other audio-visual means (OAVM), accompanied by the approval of the draft notice of the AGM.Key Appointments and Administrative Decisions A major decision ratified during the board meeting was the...

Timken India Ltd advances amalgamation process as NCLT accepts first motion application Timken India Limited has reported a significant step in its corporate restructuring, following the acceptance of the first motion application by the National Company Law Tribunal (NCLT) for the Scheme of Amalgamation. The company is currently progressing with the next phase of this scheme involving its subsidiary.The amalgamation pertains to Timken GGB Technology Private Limited, which is a wholly-owned subsidiary of Timken India Ltd. The acceptance of the first motion application by the NCLT marks a key milestone in the process, as noted in the company's communications regarding the restructuring efforts.Following this approval, Timken India Ltd...

Lodha Developers Limited Reports Q1 Results for FY26; Net Profit Reaches 13,731 Million (Consolidated) Lodha Developers Limited (formerly Macrotech Developers Limited) announced the approval of its Unaudited Financial Results for the quarter ended June 30, 2026. The Company's Board of Directors reviewed and approved both the Consolidated and Standalone financial statements following a meeting held on July 24, 2026.The results indicate strong performance across the board and standalone segments during the period. Lodha operates solely in the real estate development segment, with all operations confined to India.Key Highlights of Consolidated Financial Results Lodha Developers reported comprehensive consolidated revenue from...

Satchmo Holdings Ltd reports Q1 FY26 results: Standalone and Consolidated figures released Satchmo Holdings Ltd has released its unaudited financial results for the first quarter ending June 30, 2026. The company reported both standalone and consolidated performance data, alongside an Independent Auditor's Review Report, which highlighted several areas requiring management attention.Financial Performance Summary (Unaudited) The company’s results were reviewed by the Audit Committee and approved by the Board of Directors during its meeting on July 24, 2026.Standalone Results: Satchmo Holdings reported a loss before tax of 377 lakh for the quarter ended June 30, 2026. Total income was 126 lakh. The company’s total comprehensive income...

National Plastic Technologies Ltd Board Meeting Scheduled to Approve Q1 Unaudited Results and Fix Dividend Record Date National Plastic Technologies Ltd has scheduled a meeting of its Board of Directors to approve the Standalone Unaudited Financial Results for the quarter ended June 30, 2026. The board meeting is set for Friday, July 31, 2026.During the meeting, the company will also fix the record date for the Final Dividend pertaining to the fiscal year 2025-26. This dividend had previously been recommended by the Board of Directors on May 25, 2026.In a related update concerning corporate compliance, the company confirmed the status of its trading window regarding securities dealings. The trading window closed effective June 30...

G R Infraprojects Limited Concludes 30th AGM; Approves Financials, Confirms Dividend, and Appoints New Directors G R Infraprojects Limited held its 30th Annual General Meeting (AGM) on Friday, July 24, 2026. The meeting was conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM).The AGM commenced at 11:00 AM IST and concluded at 11:50 AM IST. Sixty-eight members attended the AGM through Video Conferencing. During the proceedings, which were presided over by Mr. Ajendra Kumar Agarwal, Chairman of the Company, management highlighted the financial performance for the Financial Year 2025-26, reviewed the industry overview, and discussed the future outlook.The meeting included resolutions covering statutory...

Ashoka Metcast Ltd to Hold Board Meeting to Discuss Officer Appointments Ashoka Metcast Limited has scheduled a meeting of its Board of Directors to address key operational matters including the appointment of essential corporate officers. The board meeting is set for Wednesday, July 29, 2026, and will be held at the Company’s Registered Office.The primary agenda item for the forthcoming meeting revolves around the crucial appointments within the organization. The Board of Directors will consider the matter pertaining to the appointment of both the Company Secretary and the Compliance Officer.In addition to this critical governance task, the notice also allows for "any other agendas with the permission of chair," ensuring that...