Markets

ACS Technologies Receives Listing Clearance from BSE for Preferentially Issued Equity Shares ACS Technologies Ltd., formerly known as LN Industries India Limited, has received Listing Approval from the Bombay Stock Exchange (BSE) Limited regarding the listing of a significant number of equity shares.The approval pertains to the listing of 86,95,000 Equity Shares. These shares were issued on a preferential basis to Non-Promoters and are the result of warrant conversions.According to the filing, these shares have a face value of Rs. 10/- each and were issued at a premium of Rs. 21.25/- per share.The details of the listing approval and the associated transaction are summarized below:Financial DetailSpecificationShares for...

SBI Funds Management Falls Below IPO Price; Brokerages Surge Bullish Over Massive Market Penetration Opportunity SBI Funds Management shares traded below its IPO price on Friday, closing at Rs 572 after falling 1%. The decline marked the second consecutive session trading below the initial listing price of Rs 574. However, despite this dip, major brokerages maintain strong optimism regarding the stock's long-term trajectory.The company, recognized as India's largest AMC by QAAUM, had debuted on July 21 at a 7% premium. The IPO itself was highly sought after, generating Rs 9,813 crore in public issues and securing an overall subscription of 41.66 times. Institutional buyers (QIB) drove the primary interest, subscribing at an impressive...

Adani Ports Publishes TNFD Report Highlighting Commitments to Nature and Sustainable Growth Adani Ports and Special Economic Zone Limited has released its inaugural Taskforce on Nature-related Financial Disclosures (TNFD) Report for Fiscal Year 2025-26. The report outlines the company's comprehensive approach to identifying, assessing, and managing nature-related dependencies, impacts, risks, and opportunities across its operations.Prepared in alignment with TNFD Recommendations, the document details Adani Ports’ strategic engagement with natural capital concerns. The initiative reflects the organization’s commitment to integrating environmental stewardship into core business functions.The report underscores a clear nature-positive...

Birla Cotsyn Clarifies Trading Status of Shares Amid Post-IBC RecommencementBirla Cotsyn (India) Ltd has provided clarification regarding the trading status of its equity shares, addressing the classification currently held by stock exchanges following the successful implementation of a Resolution Plan under the Insolvency and Bankruptcy Code (IBC).The company stated that its equity shares are displayed by BSE Limited under the category "Trading Restricted - On account of IRP as per IBC/ Recommencement post IBC IBC Stage-1." Birla Cotsyn sought to clarify the meaning and nature of this categorization for its shareholders and investors.According to the clarification, the classification falls within a surveillance framework...

GP Petroleums Limited Announces Board Outcomes Including Dividend Recommendation and Q1 Financial Results GP Petroleums Limited reported its unaudited financial results for the quarter ended June 30, 2026. The Company also announced a recommendation for a final dividend and made several key appointments concerning its directorial and senior management personnel.The Board of Directors considered and approved the umaudited (standalone and consolidated) financial results along with the Limited Review Report issued by M/s J Mandal & Co. LLP, Statutory Auditors of the Company. The Board also recommended a final dividend of ₹0.50 per equity share, which amounts to 10% of the face value of ₹5/- each, for the financial year ended March 31...

SIDBI Sale of Properties: Assets valued up to Rs 3 Crores offered for Recovery Small Industries Development Bank of India (SIDBI) announced a sale of properties in recovery of dues owed by M/s 7 Seas Laminates Private Limited and other guarantors. The auction was conducted by the Authorized Officer of SIDBI on August 27, 2026, concerning assets secured against a debt of Rs 3,83,81,160.84.The sale pertains to the properties of M/s 7 Seas Laminates Private Limited and several guarantors including Shri Bhaveshbhai A. Patel, Shri Apostleskumar P. Patel, Shri Prakashkumar R. Mistry, Smt Ashaben Bhaveshbhai Patel, Smt Kokilaben Ashokbhai Patel, and Smt Unnatibel Apresnrinar rater tomectors.The auction included both movable and immovable...

Family Care Hospitals Postpones Board Meeting Due to Non-finalization of Quarterly Financial Results Family Care Hospitals Limited has announced the postponement of its scheduled Board of Directors meeting originally set for July 24, 2026. The delay comes due to the non-finalization of the unaudited financial results for the quarter ended June 30, 2026.The Board Meeting, which was initially planned through video conferencing or other audio visual means, was intended to consider and approve the Standalone unaudited financial results along with a limited review report for the specified quarter and other matters.Following the delay in finalizing these results, Family Care Hospitals Limited has revised the date of the Board Meeting. The...

Shiva Mills Ltd Announces Board Meeting for Quarterly Financial Results, Imposes Trading Window Closure Shiva Mills Limited has announced that its Board of Directors will convene a meeting to consider and approve the Unaudited Financial Results for the quarter/3 months ended June 30, 2026. The board meeting is scheduled for Thursday, August 6, 2026.The company also provided details regarding the trading window associated with the declaration of these financial results. As per previous communication from the company dated June 24, 2026, the stock trading for Shiva Mills Ltd will remain closed for a period spanning 48 hours following the announcement of the Unaudited Financial Results.The defined period during which the trading window...

Valley Magnesite Company Ltd Holds Board Meeting to Review Q1 Financial ResultsValley Magnesite Company Ltd has scheduled a Board meeting to consider the company's unaudited financial results for the first quarter ending June 30, 2026. The meeting is set to take place on Tuesday, August 11, 2026.The agenda for the board includes reviewing and approving the Unaudited Financial Results of the Company for the first quarter ended June 30, 2026. Additionally, the directors will address various matters related to the ensuing Annual General Meeting (AGM), including fixing the date for the AGM.In line with the company’s Code of Conduct to regulate and monitor trading by insiders, a declaration has been made regarding market trading. The...

Raasi Refractories Limited Registers Resignation of Secretarial Auditor M/s BPK & Associates Raasi Refractories Limited has received notice regarding the resignation of its Secretarial Auditors, M/s BPK & Associates. The firm tendered its resignation due to pre-occupancy on July 23, 2026.The appointment and subsequent departure details of the auditing firm have been documented by Raasi Refractories. The company received the resignation letter from M/s BPK & Associates, Practicing Company Secretaries, confirming their cessation as secretarial auditors.In response to the change in auditorship, M/s BPK & Associates conveyed no objection for the appointment of any other secretarial Auditor of the company as a replacement.Key details...

Yes Bank Allots Shares Following Exercise of Stock Options; Paid-up Capital Reaches Rs 62,775,204,304 Mumbai: Yes Bank Limited announced the allotment of equity shares subsequent to the exercise of stock options under the YBL ESOS 2020 Scheme and YBL RSU Plan, 2024. The transaction resulted in a direct increase in the bank's paid-up share capital.On July 24, 2026, Yes Bank allotted 276,471 equity shares, each having a face value of Rs 2/-. This allotment was made upon the exercise of stock options associated with the YBL PESOP 2020 Plan and YBL PESOP 2025 Plan, as part of the YBL ESOS 2020 Scheme and YBL RSU Plan, 2024.The realization from the exercise of these stock options totaled Rs 37,71,412.88.The allotment led to an increase...

Kati Patang Lifestyle Announces Board Meeting to Discuss Financial Results for Quarter Ending June 30, 2026 Kati Patang Lifestyle Ltd has scheduled a meeting of its Board of Directors on Saturday, July 25, 2026, at the company's corporate office in New Delhi. The primary agenda item for the gathering is the review and approval of the financial performance for the quarter and year ending June 30, 2026.The Board meeting is scheduled to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company, along with the relevant audit reports pertaining to the period ended June 30, 2026.In addition to discussing financial results, the company plans to address other matters as may be determined during the...

Maha Rashtra Apex Board Meeting Approves Auditor Reappointment and 82nd AGM NoticeThe Board of Directors of Maha Rashtra Apex Corporation Limited, in a meeting held on July 24, 2026, approved several key corporate decisions, including the re-appointment of the company's Internal Auditor, and finalized the notice for the upcoming 82nd Annual General Meeting (AGM).A significant decision taken at the board meeting was the approval of Ms. Nita J. Desai as the Internal Auditor for the financial year 2026-27. The Board approved this re-appointment on terms and conditions that will be mutually agreed upon between the Internal Auditor and the Board of Directors.Ms. Nita J. Desai, who is an active member of ICAI with membership No. 108088...

Smiths & Founders Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Smiths & Founders (India) Ltd has released its unaudited standalone financial results for the quarter ended June 30, 2026. The company's Board of Directors reviewed and approved these results, which include data for the current quarter, the preceding quarter, the same quarter last year, and the full financial year to March 31, 2026.The financial statements detail the income and expenses incurred by the company during the period. For the quarter ended June 30, 2026, the total net income was reported at 327.55. This was derived from an income from operations amounting to 32222.Key operational metrics for the current quarter include:Income from...

Apar Industries Announces Q1 Results and Approves Strategic Investments, ESAR Allotment Apar Industries Limited has reported its un-audited financial results for the first quarter and three months ended June 30, 2026. The company's Board of Directors meeting on July 24, 2026, approved the results and sanctioned several strategic moves, including further investment in a wholly owned subsidiary in Latin America and the allotment of equity shares against Employee Stock Appreciation Rights (ESARs).The Board of Directors reviewed and approved the Standalone and Consolidated Un-audited Financial Results for the quarter. The company also formalized the incorporation of a Wholly Owned Subsidiary in the United Kingdom.Q1 Financial...

Saumya Consultants Ltd to Hold Board Meeting to Discuss Q1 FY27 Unaudited Financial Results Saumya Consultants Ltd has scheduled a Board of Directors meeting to consider and approve the Unaudited Financial Results for the first quarter (Q1) ended June 30, 2026. The company announced that the meeting will take place on Thursday, August 13, 2026.The agenda for the board meeting includes reviewing the financial outcomes of the company for the specified quarter. Additionally, the directors are set to consider various matters related to the ensuing Annual General Meeting (AGM), including the fixation of the AGM date.In line with the Code of Conduct for trading by insiders within the company, the internal trading window has been closed...

Ice Make Refrigeration Boards Key Transactions: Announces Joint Venture with Galilei and Approves Preferential Share IssueICEMAKE REFRIGERATION LIMITED announced several significant corporate decisions following a meeting of its Board of Directors, including approving the execution of strategic agreements with Galilei Holdings Co. Ltd., finalizing a major preferential equity issue, and proposing the formation of a new joint venture entity.The Board approved the execution of three core transaction documents: a Share Subscription Agreement (SSA), a Shareholders' Agreement (SHA), and a Joint Venture Agreement (JV Agreement) with Galilei, a company incorporated in Japan. The SSA governs the terms for Galilei’s subscription of shares to...

Caliber Mining Shares Plunge Post-Debut: Does Post-IPO Pullback Signal a Buy or Wait? Caliber Mining and Logistics concluded a volatile debut session, falling sharply after listing at nearly a 19% premium over its issue price. The stock's dramatic move has put focus on the future trajectory of the company. Analysts are now providing specific guidance to new investors and those who received allotments from the initial public offering (IPO).Stock Performance and Trading Dynamics The share opened on the BSE at ₹504, marking an 18.87% premium over its issue price of ₹424. This opening successfully surpassed the grey market expectations, which had been hovering around a 15–17% premium ahead of the listing. The stock initially briefly...

Ambika Cotton Mills Reports Operational Spindle Expansion and Announces Major Modernization Plan Ambika Cotton Mills Ltd. has provided an update on its production base enhancements, noting that a significant spindle expansion is operational while additional capacity is nearing completion. The company also detailed plans for a future modernization project designed to boost productivity and quality.The company confirmed the successful expansion of 6048 spindles, which are already in operation. Furthermore, another set of 6480 spindles is close to being completed. The total cost associated with these existing expansions, amounting to Rs.SO Crores, has been entirely covered through internal accruals.In addition to current operational...

Home First Finance Completes ESOP Share Allotment; Paid-Up Capital IncreasesHome First Finance Company India Limited announced the allotment of Equity shares against the exercise of vested Employee Stock Options (ESOP) under its corporate schemes on July 24, 2026. The decision was made by the Committee of Directors and Review Committee.The company allotted a total of 8,543 Equity shares, with each share having a face value of Rs. 2/-. This allotment resulted in an increase in the paid-up share capital of the company.Prior to this transaction, the paid-up share capital stood at Rs. 20,90,50,442, comprising 10,45,25,221 equity shares. Following the allotment, the total capital increased to Rs. 20,90,67,528, consisting of...