Markets

Craft Funds Acquire Shares in Pashupati Cotspin Ltd Through Open Market Purchase CRAFT EMERGING MARKET FUND PCC - CITADEL CAPITAL FUND and CRAFT EMERGING MARKET FUND PCC - ELITE CAPITAL FUND, jointly known as the acquirers, completed the acquisition of shares in Pashupati Cotspin Ltd through the open market. The transaction was reported on 24 July 2026.The two entities making the acquisition are not associated with a promoter or promoter group. Shares of Pashupati Cotspin Ltd are listed on the BSE.Acquisition Details and Stake Holding The acquisition details indicate that the acquirers acquired 10,132,543 shares carrying voting rights. This purchase represented 6.42% of the total diluted share or voting capital of Pashupati Cotspin...

Laurus Labs Limited Announces Retirement of Independent Director Dr. Rajesh Koshy Chandy Laurus Labs Limited has announced a change in its board composition following the retirement of an Independent Director, Dr. Rajesh Koshy Chandy.The company confirmed that Dr. Koshy Chandy is retiring from his role as an Independent Director. This change will be effective starting from the close of business hours on July 26, 2026.Dr. Koshy Chandy completed his second term as an Independent Director with the retirement announcement. His tenure in this capacity spanned from July 27, 2021, until the closing date of July 26, 2026.The material details regarding the change are summarized below:DetailInformationDirector RetiringDr. Rajesh...

TTK Healthcare Reports FY25-26 Performance; Announces Sale of EVA and Good Home Brands TTK Healthcare Limited provided an update on its financial performance and strategic direction during the 68th Annual General Meeting held on July 24, 2026. The company announced definitive agreements for the divestment of its Consumer Products brands EVA and Good Home.The Board also paid a heartfelt tribute to Mr T T Jagannathan, Former Chairman, who passed away on October 09, 2025. The tribute acknowledged his invaluable contributions to the company over nearly four decades.Financial Highlights for FY 2025-26 Addressing stakeholders, the Director delivered an overview of the company's financial performance during the year under review. Revenue...

RattanIndia Power Posts Profit Improvement in Q1 FY27, Citing Stable Operations and Increased Revenue Streams RattanIndia Power Limited (RPL) reported a significant improvement in its financial performance for the quarter ended June 30, 2026 (Q1 FY27). The company saw Total Income increase to Rs 876 Cr in Q1 FY27, up from Rs 864 Cr in Q4 FY26. Crucially, Profit After Tax (PAT) improved to Rs 44 Cr for the quarter, a marked contrast to a loss of Rs 15 Cr recorded in Q1 FY26.The Amravati plant, operated by RPL, continues to exhibit strong operational efficiency. In Q1 FY27, the facility achieved a Plant Load Factor (PLF) of 92.43% and an Availability Factor (PAF) of 98.15%. This performance places the Amravati plant among the top...

Hindustan Zinc Records Best-Ever Quarter as Revenue Jumps 77% YoY Hindustan Zinc Limited reported a strong first quarter for the financial year 2026–2027, driven by record operational performance and increasing market demand. The company announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, showing substantial growth across key metrics.The company posted a best-ever revenue from operations of ₹ 13,747 crore, marking a significant jump of 77% year-on-year (YoY). EBITDA reached an all-time high of ₹ 8,074 crore, representing a 109% rise YoY. Net Profit also saw massive growth, climbing 145% YoY to reach ₹ 5,469 crore.Operational highlights included the achievement of the highest...

Cotton Production Slips: Farmers’ Diversification Presses Down Output Amid Price Gains and Government Backing Cotton Acreage Declines as Productivity Remains Stable in Indian Crops Cotton production in India has seen a reduction trend over recent seasons, reflecting changes in farm practices and acreage allocation. The provisional data for 2025-26 shows cotton output reaching 290.91 lakh bales, down from 352.48 lakh bales recorded in the 2020-21 season.This variation in total production is primarily attributed to farmers diversifying into other remunerative crops, leading to a decrease in dedicated cotton acreage. Despite this reduction in land area, cotton productivity has maintained relative stability across the period, fluctuating...

Ramkrishna Forgings Reports Quarterly Results; Mr. Chaitanya Jalan Re-designated as Joint Managing Director Ramkrishna Forgings Limited announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company also confirmed the re-appointment of internal auditors, the redesignation of Mr. Chaitanya Jalan, and detailed a significant capital expenditure planned for expansion.The Board of Directors reviewed the results, which reflect operational performance across various segments as noted in the financial statements.Financial Highlights (Quarter Ended June 30, 2026) The company’s Q1 FY27 results showed strong revenue generation and profitability across both standalone and...

Textile Sector Expands Trade Footprint; Govt Initiatives Drive Competitiveness and Market Diversification The Indian textile and apparel sector is showing stable growth, bolstering its presence in over 100 international markets. Exports of textiles and apparel, including handicrafts, reached ₹3,25,339 crore in the financial year 2025-26. This represents a modest yet consistent growth of 1.8 percent compared to the export value of ₹3,19,573.2 crore recorded in 2024-25.The government has responded to global challenges by implementing a robust array of schemes aimed at enhancing the sector's competitiveness and ensuring export preparedness. These initiatives span financial stability, input support, and supply chain resilience for Indian...

Rakesh Sahu Resigns from Available Finance Ltd after Holding Roles of CFO and Whole-Time Director Available Finance Limited has announced the resignation of Mr. Rakesh Sahu, who held the positions of Whole-Time Director, Chief Financial Officer (CFO), and Key Managerial Personnel (KMP) of the company. The resignation was tendered due to personal reasons and is effective from the closure of working hours on July 24, 2026.The company confirmed that Mr. Sahu's departure meant he would no longer serve as a director or CFO. He tendered his resignation, stating that there were no material reasons for his exit other than those mentioned in his resignation letter dated July 24, 2026.Mr. Rakesh Sahu expressed his sincere gratitude to the...

SI Capital & Financial Services Ltd Announces Rights Issue Details And Q1 FY27 Results SI Capital & Financial Services Limited has announced the terms of its planned rights issue and released its unaudited standalone financial results for the quarter ended June 30, 2026. The Board approved the details of the rights issue during a meeting held on July 24, 2026.The company intends to raise up to Rs. 757.50 Lakhs through the issuance of equity shares via a rights issue. The Rights Issue is targeted at eligible shareholders and includes a maximum proposal of 75,75,000 equity shares, each with a face value of Rs. 10/-.Key terms related to the Rights Issue are as follows:Rights Entitlement Ratio: Three (3) Equity Shares for every...

Jamna Auto Industries Acquires 100% Stake in UK-Based Spring Manufacturer Owen Springs Limited Jamna Auto Industries Ltd has approved the acquisition of the entire issued share capital of Owen Springs Limited, a company based in the United Kingdom. The Board meeting approving the transaction took place on July 24, 2026.The target entity, Owen Springs Limited, is incorporated in England and Wales and specializes in the manufacturing and trading of leaf and parabolic springs and related products. This acquisition represents a strategic move by Jamna Auto Industries Ltd, aligning with its Lakshya - RISE 5000 strategy to expand into new markets. The company anticipates that this purchase will strengthen its international presence, enhance...

Wendt (India) Posts Strong Quarter, Reporting Sales of 6,077 Lakhs and Profit After Tax of 800 Lakhs on a Standalone Basis Wendt (India) Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the results, highlighting robust performance across both standalone and consolidated levels.On a standalone basis, the company recorded sales amounting to Rs 6,077 lakhs for the quarter. This figure represents a 31% increase compared to the corresponding quarter in the previous year (YoY). The performance was driven by domestic sales of Rs 4,925 lakhs, which saw a significant rise of 38% YoY. Exports contributed Rs 1,152 lakhs during the period, marking a 7% rise over the corresponding...

Mindspace Business Parks REIT Announces Q2026 Results Review Meeting and Unitholder Distribution Mindspace Business Parks REIT has scheduled a Board meeting of its Manager, K Raheja Corp Investment Managers Private Limited, to address key matters related to the REIT's performance for the quarter ended June 30, 2026. The meeting is set for Wednesday, August 5, 2026.The agenda for the Board includes considering and approving the Unaudited Standalone and Consolidated Financial Results of Mindspace REIT for the specified quarter. Additionally, the board is scheduled to declare a distribution to unitholders based on these results.Details regarding the dividend payment timeline have been provided. The Record Date for the distribution to...

Patel Integrated Logistics Completes Extinguishment of 54 Lakh Equity Shares Following Share Buyback Patel Integrated Logistics Limited has successfully extinguished 54,00,000 fully paid up equity shares following a completed buyback offer. The action marks a significant change in the company's share capital structure.The buyback process was conducted after a tendering period that ran from July 6, 2026, to July 10, 2026. Upon the completion of this process and the extinguishment of shares, the company’s equity structure reflects material changes in its capital base.Details regarding the affected equity share capital are presented below:ParticularsNumber of Equity Shares (₹10/- each)Equity Share Capital (in ₹)Paid up equity...

Rukmani Devi Garg Agro Impex Ltd to Hold Board Meeting on July 31st, 2026 Rukmani Devi Garg Agro Impex Limited, which deals in various agri commodities such as Mustard, Soyabean, Dhania, and Wheat, has scheduled a board meeting. The company is also noted for its manufactured products under the Sharbati, Tajmahal, and Happy Family brands, including Sortax Clean Premium Quality Wheat.The Board of Directors meeting is set to be held on Friday, July 31, 2026, at 11 A.M. The meeting will take place at the company's registered office located at P-7 Bhamashah Mandi in Anantpura, Kota.The agenda for the board meeting includes two key items. First, directors are expected to consider the Board Report for the financial year that concluded on...

Cyber Media Research & Services Limited Approves Q1 Results, Announces Director and Company Secretary Appointments Cyber Media Research & Services Limited (CMRSL) has announced its unaudited financial results for the quarter ended June 30, 2026, following a Board meeting held on July 24, 2026. The board also approved key personnel appointments, including the addition of a new Whole-Time Director and the designation of a Company Secretary.The company reported its Q1 results across consolidated, standalone, and segment levels, which were reviewed by the statutory auditor and taken on record by the Board of Directors.Key Appointments Approved During the Board meeting, directors approved the following appointments:Mr. Thomas George...

Acquirers Launch Open Offer for India Cements Capital Ltd Shares; Target is Offered at ₹12 per Share A consortium of acquirers has initiated an Open Offer for the equity shares of India Cements Capital Limited (ICCL). The offer aims to acquire up to 56,43,612 fully paid-up equity shares, representing 26.00% of the voting share capital in ICCL.The consortium includes Mr. Sandeep Jain, Mr. Vikas Garg, and Mr. Rahul Nagar, along with Mrs. Neha Agarwal, who is acting as a Person Acting in Concert (PAC). The Open Offer has been set at an offer price of ₹12 per share, payable entirely in cash. Based on this offering, the aggregate consideration for the public shareholders would be ₹6,77,23,344/- should all shares be accepted.The mandatory...

EAAA Real Assets Managers Announces Changes in Board as Investment Manager for Anzen India Energy Yield Plus Trust EAAA Real Assets Managers Limited, the investment manager for Anzen India Energy Yield Plus Trust, has announced changes concerning its board of directors. The company approved the appointment of Mr. Amit Agarwal and noted the resignation of Mr. Subahoo Chordia, effective July 24, 2026.Based on the recommendation of the Nomination and Remuneration Committee, EAAA Real Assets Managers Limited appointed Mr. Amit Agarwal as an Additional Director (Non-Executive). The appointment was made with immediate effect from July 24, 2026.Mr. Agarwal is identified as a highly experienced professional, serving as the Chief Executive...

Solara Active Pharma Sciences Reports Q1 Results: Consolidated Profit Stands at 16.31 Crores Amid Accumulated Losses Solara Active Pharma Sciences Limited announced its unaudited financial results for the quarter ended June 30, 2026. The company reported profit of Rs. 16.31 crores on a consolidated basis and Rs. 16.99 crores in the standalone segment, following the Board meeting held on July 23, 2026.The results for the quarter show the Company's performance across both consolidated and standalone entities, with operations focused solely on the Active Pharmaceutical Ingredient (API) sector.Consolidated Financial Performance Highlights For the quarter ended June 30, 2026, the Group reported a total income of Rs. 384.29 crores. This...

Available Finance Ltd Announces Key Appointments and Director Resignations on Board Available Finance Limited announced significant changes in its Board of Directors following a meeting held on Friday, July 24, 2026. The company approved the appointment of three new directors while noting the resignations of three existing members due to personal commitments or other reasons.The board approvals included key appointments aimed at strengthening corporate governance and operational management at Available Finance Limited. Mr. Sahaj Jain was appointed as a Whole-Time Director, designated also as a Key Managerial Personnel (KMP). Mr. Suyash Choudhary was similarly appointed as a Whole-Time Director and KMP, taking on the role of Company...