Markets

Arman Holdings Ltd Board Approves AGM Notice and Finalizes Director Appointments Arman Holdings Limited held its Board of Directors meeting on July 24, 2026, during which several key operational matters were reviewed, and critical appointments related to the upcoming Annual General Meeting (AGM) were finalized.The Board members reviewed the previous board meeting minutes, along with compliance reports, investor grievances status, and shareholding patterns for the quarter ended June 30, 2026. A central outcome of the meeting was the approval and adoption of the notice for the 44th Annual General Meeting (AGM) for the fiscal year 2025-26. The AGM is slated to be conducted through Video Conferencing (VC) or other Audio Visual Means...

India Glycols Ltd Reports on Business Responsibility and Sustainability for FY 2025-26 India Glycols Limited, a prominent entity in the specialized chemicals sector, has detailed its performance regarding business responsibility and sustainability across various domains for the financial year (FY) 2025-26. The report provides comprehensive insights into operational scope, environmental stewardship, social commitments, and governance practices.Operational Profile and Market Reach The company maintains a diversified portfolio spanning several key industrial segments. Its primary operations include manufacturing and marketing Potable Spirits, Bio-based Specialities and Performance Chemicals, Bio-fuel, and Ennature Bio-pharma products...

CARE Ratings Reaffirms Strong Credit Profile of UltraTech Cement Ltd Amid Market Leadership CARE Ratings Limited has affirmed the strong creditworthiness of UltraTech Cement Ltd., assigning ratings for its proposed non-convertible debentures while reaffirming ratings on existing bank facilities. The ratings reflect the company's dominant position and operational resilience within the Indian cement industry.The assignment includes a rating of 'CARE AAA; Stable' to the proposed issue of the non-convertible debentures (NCD) totaling ₹5,000.00 crore. Furthermore, CARE Ratings reaffirmed its ratings for bank facilities, noting sustained performance in the company’s capital structure and debt coverage.Key financial and rating details...

Elgi Equipments Updates Timeline for Global Support Center Capacity Expansion Elgi Equipments Ltd. has provided an update regarding the expansion plan for its Global Support Center (GSC) manufacturing facilities located in Kinathukadavu, Coimbatore. The company announced that the planned capacity addition for the GSC is now expected to be integrated into the third quarter (Q3) of Fiscal Year 2026-27, a revision from the initially communicated timeframe of Q1 FY 2026-27.This adjustment in the schedule follows an initial project announcement concerning necessary infrastructure expansion at the Coimbatore facility. The delay is attributed to the additional time required for the commissioning, testing, and stabilization of the automation...

Gulshan Polyols Ltd’s Joint Managing Director Participates in Media Interaction with NDTV Profit India Gulshan Polyols Limited confirmed that its Joint Managing Director, Ms. Aditi Pasari, participated in an interaction with NDTV Profit India on July 23, 2026. The engagement covered the company's current operational status and discussed various future prospects for Gulshan Polyols Ltd.The media interaction provided insight into the trajectory of the organization, focusing on both its present standing and potential growth avenues moving forward.During the discussion with NDTV Profit India, which was hosted on the Company’s website, it was confirmed that no unpublished price sensitive information (UPSI) was shared by Ms. Pasari or...

Wendt (India) Limited Updates Senior Management Designations Following Organizational Restructure Wendt (India) Limited has announced changes regarding the designation of certain personnel following a revision in the company's organizational reporting structure. The changes are effective from July 24, 2026.The company clarified that although the designations have been altered subsequent to the organizational change, all affected individuals will continue their employment with Wendt (India) Limited.Senior management roles designated for two officials, Thiyagarajan R and Sanjaya S C, were modified as a result of the internal restructuring. The specific details of the personnel and their previous senior designations are provided below...

Sterlite Technologies Reports Record Q1 FY27 Results: Revenue Jumps 87% as Order Book Hits ₹18,618 Crore Mumbai, July 24, 2026 – Sterlite Technologies Limited (STL) announced a period of record financial performance for the quarter ended June 30, 2026. The company reported its highest-ever quarterly revenue and profitability, driven by strong demand in AI-ready digital infrastructure and resilient operating margins.The consolidated results showed significant growth across key metrics:Revenue: INR 1,910 Crore, marking a year-on-year (YoY) growth of approximately 87%. EBITDA: INR 397 Crore, translating to a 20.8% EBITDA margin—the highest level achieved in nearly 20 quarters. Profit After Tax (PAT): INR 197 Crore, showing robust...

Eurozone Bond Yields Ease as Oil Prices Plunge Below $100, Easing Inflation Fears Euro zone government bond yields edged lower on Friday after a difficult week marked by continuous selling pressure. The easing was primarily driven by the pullback in oil prices, allowing investors to reassess inflation and interest rate trajectories following multi-year climbs in energy costs.German Bond Yields Decline Following Brent Crude Pullback Germany's benchmark 10-year government bond yield slipped about 1.5 basis points (bps) to 3.1965%. This decline followed the instrument reaching a high of 3.2118% on Thursday, marking a significant movement from earlier highs.Concurrently, Germany's two-year bond yield, which is particularly sensitive to...

Indokem Ltd Schedules Board Meeting for Q1 Financial Review; Imposes Trading Closure Indokem Ltd has announced a forthcoming meeting of its Board of Directors scheduled to review the company’s financial performance for the quarter ending June 30, 2026. The management stated that the board meeting is set for Friday, July 31, 2026, at 3:00 p.m., during which the Unaudited Standalone and Consolidated Financial Results will be considered.In observance of the Company's Code of Conduct regarding insider trading, Indokem Ltd has closed its trading window. The decision to halt trading was implemented starting July 1, 2026, prior to the consideration of the financial results by the Board.The company specified that the restricted trading...

CG Power Replaces Auditor as S R B C & CO LLP Communicates Intent to Resign CG Power and Industrial Solutions Limited has received a letter of intent from its current Statutory Auditors, M/s. S R B C & CO LLP, indicating their resignation. This move reflects a management proposal aimed at aligning the company's statutory auditors with those affiliated to Tube Investments of India Limited (TII), the Holding Company.The decision follows CG Power’s operations having material significance relative to TII. The company and its subsidiaries constitute more than 50% of the consolidated financial statements of the Holding Company. To ensure better coordination and efficiency in the audit process, management proposed aligning the statutory...

Sterlite Technologies Posts Record Q1 FY27 Results; Achieves Net Debt-Free Status Amid AI Infrastructure Boom Sterlite Technologies Limited (STL) announced stellar financial results for the quarter ended June 30, 2026, reporting the highest-ever revenues and EBITDA. The connectivity solutions provider successfully leveraged demand from the booming AI-ready digital infrastructure segment, resulting in a strong financial profile and a net debt-free balance sheet.The company secured an extensive open order book valued at INR 18,618 Cr, underscoring its growing dominance in specialized optical products for next-generation computing.Financial Highlights and Corporate Strength STL reported consolidated revenues of INR 1,910 Cr for Q1...

Apsis Aerocom Secures Purchase Order from Domestic Client in Aerospace & Defence Segment Apsis Aerocom Limited has been awarded a significant purchase order from a domestic customer within the Aerospace and Defence segment. The contract is specifically designated as a Purchase Order, fulfilling the requirements of customer specifications.The company confirmed that the entity awarding the order is a domestic customer. Due to confidentiality constraints, Apsis Aerocom could not disclose the name of the customer. The transaction was verified to be non-related party in nature, with no interest held by the promoter or the promoter group in the client organization.Details regarding the financial scope and execution timelines for the...

GVP Infotech Approves Conversion of Partly Paid-up Equity Shares into Fully Paid-up Stock GVP Infotech Limited, formerly known as Fourth Dimension Solutions Ltd, has approved the conversion of a significant number of partly paid-up equity shares into fully paid-up equity shares. The decision was made following a board meeting held on July 24, 2026.The company's Board of Directors approved the conversion in relation to its Rights Issue, confirming that the action took place upon receipt of the Final Call Money from shareholders.The reconciliation statement details the status of the shares involved in the process:ParticularsDetailsNo. of Partly Paid-up Equity Shares for which initial approval was obtained from the Stock...

SJVN Ltd Announces Board Meeting for Q2 Financial Results and Sets Trading Window Dates SJVN Ltd has announced the schedule for its forthcoming Board of Directors meeting, which is set to consider the financial performance for the quarter ended June 30, 2026. The company also provided an update regarding the closure and reopening dates of its trading window.The Board Meeting is scheduled to be held on Friday, July 31, 2026. The meeting’s purpose is to review and approve the Financial Results of SJVN Ltd for the quarter ending June 30, 2026.In terms of market operations, the company specified the closure of its trading window for dealing in securities. This restricted period began on July 01, 2026. The trading window is scheduled to...

Flipkart's Invasion: How Walmart's Entry into Food Delivery Causes Swiggy and Zomato Stocks to Tumble Investor sentiment across the Indian food technology sector took a significant hit on Friday after Flipkart, the e-commerce giant owned by Walmart, announced its plans to enter the highly competitive food delivery space. This development immediately set up new competition against established market players, including Eternal's Zomato and Swiggy.Flipkart Enters Food Delivery Warground Amid Market Reaction The news of Flipkart’s impending foray into online food ordering has generated a visible downturn in the stock prices of key industry participants. Flipkart Group CEO Kalyan Krishnamurthy confirmed that his company will be launching...

SI Capital Reports Q Ended June Results; Total Income Stands at Rs. 109.86 Lakhs SI Capital & Financial Services Ltd has announced its unaudited standalone financial results for the quarter ended June 30, 2026, reflecting performance across key operational and regulatory metrics. The company's total income for the quarter was recorded at Rs. 109.86 Lakhs, with a profit for the period standing at Rs. 14.15 Lakhs.The results encompass figures from multiple periods: Q ended June 30, 2026 (Unaudited), Q ended March 31, 2026 (Ref Note.), and Q ended June 30, 2025 (Unaudited).Financial Performance Overview For the quarter ending June 30, 2026, total revenue from operations reached Rs. 109.14 Lakhs. This figure was derived from...

Available Finance Ltd Board Meeting Sees Multiple Director Resignations, Key Personnel Appointments Available Finance Limited conducted a Board meeting on July 24, 2026, resulting in several significant leadership changes, including multiple resignations and the approval of new appointments for key director and financial roles.The outcomes of the board decisions noted the resignation of three senior personnel members. Mr. Rakesh Sahu resigned from his role as a Whole-Time Director and Chief Financial Officer (CFO) on July 24, 2026. Additionally, the Board accepted the resignations of Mr. Vikas Gupta, a Non-Executive member, and Mr. Rajendra Kumar Sohani, also noted as a Non-Executive, effective the same date.The meeting approved...

SI Capital Approves Rights Issue: Details, Timeline Set for up to 75.75 Lakh Shares SI Capital & Financial Services Limited has approved the terms of a proposed rights issue, offering eligible shareholders an opportunity to subscribe to new equity shares at a fixed price. The rights issue is part of plans stemming from previous Board approvals and subsequent in-principle approval received from BSE Limited on June 24, 2026.The company's Board of Directors approved the terms during its meeting held on July 24, 2026. The Rights Issue involves the issuance of fully paid-up equity shares, each having a face value of Rs. 10.00.Key Terms of the Rights Issue Under the approved structure, SI Capital is proposing to issue up to 75,75,000...

NCC Ltd to Hold Board Meeting for Unaudited Financial Results of Quarter Ended June 30, 2026NCC Limited has scheduled a meeting of its Board of Directors to consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026. The board meeting is set to take place on Thursday, August 6, 2026, at the Registered Office of the company.The Board Meeting is intended for considering and approving the financial results for the specified period.In addition to the board meeting announcement, NCC Ltd provided an update regarding its trading window. The trading window for directors, promoters, other designated persons, and immediate relatives of designated persons will remain...

Laurus Labs Reports Q1 FY27 Results: Revenue Reaches ₹2,026 Cr; EBITDA Improves 66% Year-on-Year Hyderabad: Laurus Labs Ltd., a pharmaceutical and biotech company focusing on research and development, announced its Unaudited Financial Results for the first quarter of FY27 (Q1 FY27) ended June 30, 2026. The company reported strong financial performance, with revenue climbing to ₹2,026 crore and EBITDA reaching ₹644 crore.The results show a significant jump in profitability across key metrics, driven by enhanced commercial delivery and operational efficiencies within its business segments.Financial Highlights for Q1 FY27 Laurus Labs demonstrated sustained growth over the previous year. The company's financial performance for Q1 FY27...