Markets

Foreign Exchange Reserves Decline While Credit to Commercial Sector Rises: RBI Bulletin Highlights Key Shifts in Financial Stability Reserve Bank of India's Financial Indicators Summary The latest data from the Reserve Bank of India (RBI) Bulletin reveals significant trends across various financial components, with notable changes observed in foreign exchange reserves and credit flow. The Central Bank’s liabilities management, including loans and advances to State Governments, showed movement within the reported period.Foreign Exchange Reserves, according to the RBI statistical supplement dated July 24, 2026, have seen a reduction in certain components over the reporting periods. One major observation is the trend in Foreign Currency...

Golden Crest Education & Services Ltd to Hold Board Meeting to Discuss Q1 Financial Results Golden Crest Education & Services Limited has scheduled a meeting of its Board of Directors to consider and approve the first quarter unaudited financial results for the fiscal year 2026.The company confirmed that the Board meeting is set for Monday, August 03, 2026, at 12:00 Noon, which will be held at the company’s Registered Office. The primary agenda item for the meeting is to review the Standalone Unaudited Financial Results, accompanied by a Limited Review Report from the Statutory Auditors, covering the quarter ended June 30, 2026. The Board members are also invited to discuss any other matters with the permission of the Chairman.In...

Associated Alcohols & Breweries Confirms No Deviation in Use of Funds from Preferential Warrant Issue Associated Alcohols & Breweries Ltd. has confirmed that there is no deviation or variation in the utilization of proceeds raised through its Offer Document for the Preferential Issue of convertible warrants, as reported for the quarter ending June 30, 2026.The company had previously issued convertible warrants via a preferential issue on March 28, 2024. The total consideration received from this issuance was Rs 43.65 Crores. This funding came from the allotment of 9,00,000 warrants at a price of Rs 485 each. As per the terms of the preferential issue, the company has allotted 9,00,000 equity shares subsequent to the conversion of...

Gulshan Polyols Ltd's Credit Rating Reaffirmed by CRISIL as Bank Loan Facilities Rise to Rs 562.3 Crores CRISIL Ratings Limited has reaffirmed and retained the credit ratings for the bank facilities of Gulshan Polyols Ltd., following a review conducted on July 24, 2026. The rating action reflects an enhancement in the total rated bank loan facilities, which have been increased to Rs 562.3 Crores from previous levels.The reaffirmation covers both long-term and short-term ratings for the company's debt instruments. According to the assessment, the Long Term Rating has been reassessed, with its outlook being revised, while the Short Term Rating was reaffirmed by CRISIL.Key details of the rating as assessed by CRISIL are provided below...

Mr. Bajrang Lal Bajaj Appointed as Non-Executive Independent Director of Responsive Industries Ltd Responsive Industries Limited has announced the appointment of Mr. Bajrang Lal Bajaj as a Non-Executive Independent Director, effective July 24, 2026. The decision was made by the Board of Directors following the recommendation of the Nomination and Remuneration Committee of the company.The appointment is subject to the approval of the shareholders of Responsive Industries Ltd. Mr. Bajrang Lal Bajaj (DIN: 00041909) has been appointed as an Additional Non-Executive Independent Director.In terms of his professional background, Mr. Bajaj is described as a seasoned business leader with over 35 years of experience across various strategic...

Raw Edge Challenges GST Penalty in Gujarat High Court After Appeal is Rejected Raw Edge Industrial Solutions Ltd has taken legal recourse against a significant penalty imposed by a Central GST and Excise authority. The company has filed a writ petition before the Hon'ble High Court of Gujarat, challenging an order from the Commissioner (Appeals) that upheld the original penalty.The matter originated with the Additional Commissioner, Central GST & Central Excise, Surat, who issued an Order-in-Original on February 03, 2025. Under this ruling, the company was subjected to a penalty amounting to Rs. 10,61,46,804/- (Rupees Ten Crore Sixty-One Lakh Forty-Six Thousand Eight Hundred Four only).Aggrieved by the initial order, Raw Edge...

Bank of Maharashtra announces resignation of Chief Compliance Officer Bank of Maharashtra has announced a change in its senior management following the resignation of Smt. Uma Vedula from the post of Chief Compliance Officer (CCO).Smt. Uma Vedula resigned from her position as CCO due to personal reasons. She was relieved from her duties with effect from the close of business hours on July 23, 2026.The bank is currently in the process of appointing a replacement for the Chief Compliance Officer role. The institution intends to fill this senior compliance position by promoting an existing Chief General Manager (CGM) from within its current pool of CGMs, aligning with regulatory requirements for CCO appointment ranking.Key details...

Khaitan (India) Ltd to Hold Board Meeting to Approve Q4 Financial Results Khaitan (India) Limited has scheduled a meeting of its Board of Directors for Friday, July 31, 2026. The company announced that the board meeting will be held at 2:30 P.M. at the Registered Office of the Company.The primary agenda item for the meeting is to consider and approve the draft unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.KHAITANLTD Stock Price Movement Today, shares of Khaitan (India) Limited edged higher after market close, settling at ₹132.50, which marked a 1.58% gain. The equity saw modest activity, recording a volume of 207 shares in today's trading session.

AMJ Land Holdings to Hold Board Meeting to Approve Q1 Financial Results AMJ Land Holdings Ltd has scheduled a meeting of its Board of Directors to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended on 30 June, 2026. The results will be accompanied by Limited Review Reports for the same period.The meeting is set to take place on Saturday, August 1, 2026.In relation to the company's financial reporting and insider trading policy, the trading window for designated persons of AMJ Land Holdings Ltd and their immediate relatives remains closed. This restriction is in effect from July 1, 2026, until 48 hours following the declaration of the financial results, which is August 3, 2026.The...

HCC Announces Major Capital Increase and Fund Raising Authority at 100th Annual General Meeting Hindustan Construction Company Ltd (HCC) is preparing for its 100th Annual General Meeting (AGM), scheduled for Tuesday, August 18, 2026. The AGM will address several significant corporate matters, including the substantial increase of Authorized Share Capital and granting authority to the Board to raise up to ₹800 Crore through various capital raising mechanisms.The company's agenda includes the adoption of its Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026. The meeting will also feature the re-appointment of Mr. Aditya Pratap Jain (DIN: 08115375), who retires by rotation.Operational...

Independent Director Resigns from Vandan Foods Ltd Due to Professional Commitments Vandan Foods Ltd has announced that Mr. Manish Shrichand Bachani, a Non-Executive and Independent Director, has resigned from his position at the company. The resignation is effective immediately until the close of business hours on July 24, 2026.Mr. Bachani tendered his resignation citing other professional commitments and the resulting time constraints that limit his ability to effectively fulfill his duties and responsibilities with Vandan Foods Ltd. He confirmed that there are no other material reasons for stepping down from the Board.As per the company's disclosures, Mr. Bachani held directorships in several listed entities. His outside roles...

Websol Energy System Announces Board Meeting to Approve Q1 Financials; Extends Trading Window Closure Websol Energy System Limited has announced that its Board of Directors will convene on Monday, August 10, 2026. The meeting is scheduled to consider and approve the Unaudited standalone and consolidated financial results for the company for the quarter ending June 30, 2026.In addition to the board meeting announcement, Websol Energy System provided an update regarding its equity share trading window. Previously intimating about the closure of trading in its shares from Wednesday, July 1, 2026, the company has extended this trading ban period. The stock trading window will remain closed until Wednesday, August 12, 2026.WEBELSOLAR...

Consecutive Commodities Ltd Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Consecutive Commodities Limited, formerly known as Consecutive Investments & Trading Company Limited, has released its unaudited financial results for the quarter ending June 30, 2026. The company's performance figures cover revenue from operations, expenses, and net profit across various reporting periods.The company's Statement of Unaudited Financial Results shows key data points against previous quarters and year-to-date totals, all figures presented in Rupees (Rs.) in lacs.Q2 2026 Performance Highlights A detailed breakdown of the financial results is provided below:MetricQuarter Ended June 30, 2026 (Unaudited)Preceding Quarter...

Responsive Industries Reconstitutes Key Board Committees, Including Audit and Risk Management Panels The board of directors at Responsive Industries Limited finalized the reconstitution of several crucial committees. These changes were approved during a meeting held on July 24, 2026, with immediate effect. The reorganized committees cover areas including auditing, nomination and remuneration, stakeholder relations, risk management, and corporate social responsibility.The committees were constituted following a board meeting that commenced at 3:15 P.M. and concluded at 5:00 P.M.Key members and their roles in the reconstituted committees are detailed below:Audit CommitteeSr. No.Name of the DirectorNature of DirectorshipPosition...

Anka India Ltd Schedules Board Meeting to Review Q1 Financial Results; Trading Window Closed for Insiders Anka India Ltd has announced that its Board of Directors will convene on Thursday, July 30, 2026. The meeting is scheduled to review, approve, and take on record the unaudited financial results of the company for the first quarter ending June 30, 2026.The board meeting is set aside to consider both the standalone and consolidated financial results pertaining to the completed quarter.In addition to the corporate governance update, the company provided information regarding its insider trading regulations. Pursuant to its Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and their Immediate Relatives...

IndiGrid Infrastructure Trust Disposes Stake in Enerica Infra 4, Restructures Battery Energy Storage System Projects IndiGrid Infrastructure Trust has executed a disinvestment in Enerica Infra 4 Private Limited (EIPL4) and simultaneously restructured its project management approach for Battery Energy Storage Systems (BESS) projects.The divestment transaction involved IndiGrid 2 Private Limited (IGL2), a wholly-owned subsidiary of the trust. IGL2 transferred 74% of the total paid up share capital and 100% interest in Enerica Infra 4 Private Limited to Enerica ReGrid Infra Private Limited (EnerGrid).On July 24, 2026, IndiGrid terminated the Project Management and Implementation Agreement (PIMA) for BESS projects with EIPL4. Following...

Rama Phosphates Reports Strong Q1 FY27 Results; Revenue Rises 18% on Record Highs Rama Phosphates Limited has announced its financial performance for the quarter ended June 30, 2026. The company reported a significant rise in revenue from operations, while maintaining a stable profit trajectory despite challenges related to raw material costs and market volatility.The company recorded a turnover of ₹22,480 Lacs, marking its highest-ever first-quarter result. Total Income reached ₹22,555 Lacs, an 18% increase from the previous year's corresponding quarter (Q1 FY26), where total income stood at ₹19,095 Lacs.Despite achieving record-high revenue, cost management showed strain as Cost of Materials Consumed increased by 32%, reaching...

Halder Venture Ltd Allots Equity Convertible Warrants on Preferential BasisThe Board of Directors of Halder Venture Limited approved the allotment of equity convertible warrants to a non-promoter group as part of a preferential allotment process. The transaction involves 7,93,650 Equity Convertible Warrants of the company.The warrants carry a face value of ₹10 each and entitle warrant holders to subscribe for an equivalent number of fully paid-up equity shares in dematerialized form. These were allotted at a price of Rs. 315/- per warrant. The allotment carries a premium of Rs. 305/- per warrant.The preferential allocation was made to P.K. Bio Link Private Limited, classified as a non-promoter.Allottee NameCategoryNumber of...

HOMRE Ltd Announces Resignation of Executive Director Sachin Kumar Bhimrajka HOMRE Limited, formerly known as Triton Corp Limited, has confirmed the resignation of Mr. Sachin Kumar Bhimrajka from the position of Executive Director. The company announced that it took note of this resignation in a Board meeting held on July 23, 2026.Mr. Bhimrajka tendered his resignation due to personal reasons and requested that the change be effective from the closing hours of July 22, 2026.The details regarding Mr. Bhimrajka’s departure were formalized, citing personal commitments as the reason for stepping down from the role. The company received the resignation letter on July 23, 2026.Key details concerning the change in directorial status are...

UHM Vacation Ltd Wins Best Decoration Award at Travel & Tourism Fair in Kolkata UHM Vacation Limited, formerly known as UHM Vacation Private Limited, has received significant industry recognition after being conferred with the "Best Decoration Award" at the Travel & Tourism Fair (TTF) held in Kolkata.The award was presented by Fairfest Media Limited during the TTF event, which took place at Biswa Bangla Mela Prangan from July 10, 2026, to July 12, 2026.This achievement is noted as an appreciation of UHM Vacation’s continuous efforts toward strengthening its brand visibility and promoting its travel and tourism offerings. The company actively participated in the industry fair, which serves to engage with customers, business partners...